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BANK AND QUOTATIO SECTION OF THE COlYIBIERCIAL & PRANCIAL CHRONICLE. B. DANA COMPANY, in office of Librarian of Congress, Washington, D. C. Copyrighted in 1922, according to Act of Congress, by WILLIAM VOL. 114. NEW YORK, JUNE 3 1922. NO. 2971. Railroad Labor Board at Chicago which will have the effect of slightly lowering wages of certain take precedence. The without classes of railroad labor, easily The Bank and Quotation Section, issued monthly, is furnished charge to every subscriber of the Chronicle. Economic Conference of the nations ended its afro Genoa on the last The Railway and Industrial Section, issued twice a year charge to extra labors when it became apparent that it was hopeless Saturday in May and November, is also furnished without every annual Chronicle subscriber. reconcile the divergent views of Engcontaining the sworn• to attempt to The Railway Earnings Section, issued monthly, with the Inter-State t of Russia. returns of earnings and expenses filed each month extra charge to every land and France regarding the treatmen Commerce Commission, is likewise furnished without subscriber. And Russia, rather than Germany, proved the real annual Chronicle April and October, The Electric Railway Section, issued twice a year,in subscriber to the stumbling block in the way of an agreement among Is also furnished without extra charge to every annual Chronicle. nations for the financial and economic rehabilitathe last Saturday the The State and City Section, issued semi-annually on charge to every extra tion and reconstruction of Europe. As far as Gerof June and December, is likewise furnished without Chronicle. annual subscriber to the Commercial & Financial complete yielding to giving the detailed many was concerned, there was The Bankers' Convention Section, issued yearly, Bankers' Associathat the deliberations of annual convention of the American proceedings of the the insistence of the French subscribers. tion, is also furnished without extra charge to Chronicle supplements above named, the Conference must be confined absolutely to the Terms for the Chronicle, including the six Thirteen Dollars and areVren Dollars per annum within the United States, $11 50 in Canada. agenda laid down at Cannes and that the subject of and Fifty Cents (which includes postage) in Europe, each (which includes covers for the Chronicle are sold at $1 00 at same price. File German reparations must not be taken up at all, nor be had postage). File covers for Supplements can Street. La Salle political controversies growing out of the Treaty of CHICAGO OFFICE-19 South 1 Drapers' Gardens, E. C. LONDON OFFICE—Edwards & Smith, Versailles, though candor compels the statement that WILLIAM B. DANA COMPANY, Publishers, these reparations payments and the burdens they inFront, Pine and Depeyster Streets, Now York. volved kept obtruding at every point of the discussions, making it plain that nolens volens there was an REVIEW OF MAY. intimate relation between them and any scheme for continued its upward climb during May, the economic rehabilitation of the fallen States of Business notwithstanding that some of the larger develop- Europe. Tacitly, however, there was observance of ments were not altogether favorable and notwith- the French injunction that these were debarred matstanding also that the adverse features existing the ters. The attitude of the Russian Soviets was hopeprevious month continued in operation, niore par- less and impossible. They wanted financial assistticularly the stoppage of work at the union coal ance of a large kind—from $1,000,000,000 to $2,000,mines throughout the country, in both the anthra- 000,000, and they wanted recognition of the Governcite and the bituminous coal regions, and the strike ment of Lenin and Trotzky and yet they were unwillin a large section of the New England cotton mills. ing to give any guarantee that the sanctity of conConfidence that recovery from the extreme industrial tract in the ordinary sense would be respected or afdepression of 1921 would continue kept steadily ford assurance of the observance of property rights growing and evidence that the belief rested upon sub- or agree to provide for the past debt of Russia. While stantial grounds came from many directions and Mr. Lloyd George was prepared to go further than from many different quarters. Great activity was Premier Pointare in placating the Russian Soviets, maintained in building operations, the automobile the Russian demands were really so preposterous trade reported a large and excellent demand for cars that in the end it became apparent that they furunder which the output for certain makes of cars ex- nished no tenable basis for acceptance on the part of ceeded the best previous records, and the railroads any nation. This was apparent even to the British gave orders for cars and other necessaries with Prime Minister, and hence it was that he sought to greater freedom than :or a long time past. Under save the day and the situation by arranging for holdthe stimulus of all this, business in the iron and steel ing of another conference, this time at The Hague, trades continued to improve despite the serious han- for exclusively dealing with Russian affairs, the Condicap of the coal strike, which curtailed supplies of ference to be held in June. To the French it appeared that even this would be a waste of time, so fuel. larger new happenings of the month the ter- hopeless seemed the chance of reaching an agreement Of the mination of the Economic Conference et Genoa with- with the Russian Soviets by reason of their preposterout having accomplished any of the objects for which ous stand, and the French Premier gave only very it was called and the pronouncement of the Inter- reluctant assent to the suggestion and not in the very state Commerce Commission at Washington in favor best grate. When the idea of a new conference at The Hague of a horizontal cut of 10% in freight rates on tile railroads of the United States, followed by orders of the thus limited in scope was first broached another at- BANK AND QUOTATION SECTION 10 MONTHLY REVIEW [VOL. 114. tempt to get the United States to take part was made ties where a decrease of 10% or over is already in —so essential was the American participation in any effect as a result either of orders of the Commerce scheme of European reconstruction deemed. The at- Commission or the voluntary action of the carriers tempt failed, as had the previous endeavor to get the themselves. For instance, in the case of grain, grain United States to join in the work of the Genoa Con- products and hay in Western territory, the Commisference—and for the same reason, namely the in- sion late in 1921 ordered a freight rate reduction of ability to separate political questions with which 1612% which went into effect the 1st of January / America has no concern from purely economic ques- 1922; that reduction is to stand without any change, tions. the 10% horizontal cut not affecting it in any way. The announcement that the Interstate Commerce The Commission took as a basis the rates in effect imCommission at Washington had reached findings mediately prior to Aug. 26 1920, when a large adproviding for a horizontal reduction in freight rates vance in tariffs was made, varying according to terof 10% on the railroads of the United States came on ritorial schedules, and applied the proposed 10% Wednesday, May 24. Intimation of its coming, how- horizontal cut to the higher rates then put in force. ever, or rather of some reduction, were given at a For example, where the increase had been 40%, makdinner conference at the White House the previous ing 140% of the old rates,10% of the 140% (or 14%) Saturday (May 20), to which President Harding had is now cut off, leaving the rates now to be put into invited a number of the leading railroad executives. effect 126% of those in force prior to Aug. 26 1920. At this conference the President stated that, accord- Accordingly, the Commission decided that after July ing to his best information, a decision in favor of 1 (when the schedule of rates now proposed is to be lower transportation rates had been reached, and he in force) it would hold unreasonable rates "includargued that in his view it would be better all around ing more than the following percentages of increase if the railroad executives could agree among them- over the rates in effect immediatel y prior to Aug. 26 selves upon a very substantial reduction in the rates 1920," the territorial schedules being as follows: on certain basic commodities instead of having a genIn the Eastern group, also between points in Illinois terrieral reduction all around. Discussion, however, re- tory and between Illinois territory and the Eastern group, vealed doubts that such an arrangement was either 26% instead of the 40% authorized in the decisions last cited. possible or expedient, except after long delay, which In the Western group, and between the Western group and delay would defeat the object of the arrangement, Illinois territory, 21.5% instead of 35% so authorized. Southern In which was to provide a lower basis of transportation stead thethe 25% so and Mountain-Pacific groups, 12.5% inof authorized. charges in the immediate future to promote trade On inter-territorial traffic, except as otherwise provided recovery. A committee was appointed to discuss herein, 20% instead of the 33 1-3% so authorized. the subject with the Commerce Commission and coAlong with its decision as to freight rates, the operate with it in carrying out any plan it might Commission, as already indicated, also announced have in mind. Among the railroad executives them- its determination of 53 4% as the fair annual return selves, the consensus of opinion was that the best to which the carriers should be entitled in the future course would be to let the Commission proceed un- on their investment in the transportation business. hindered with its own arrangements, and if a reduc- This compares with 6%, the return level for the two tion was to come anyway the sooner it was pot into years expiring March 1 1922. effect the better. After the announcement the midAs to the action of the Railroad Labor Board in dle of the next week of the Commission's findings reducing wages, the Board in an order dated May 25 nothing remained for the Committee of Executives and made public Monday, May 29, promulgated new to do except to discuss technical matters connected wage schedules involving a cut of 5 cents per hour with the new rate schedules to be put into effect and in the case of maintenance of way employees and railto decide definitely whether the findings should be way shop laborers to the number of about 400,000. accepted or should be opposed. The Commission, The decreases are to become effective July 1 1922 and while making known its conclusions, did not embody will involve a reduction in the railroad payrolls of them in a definite order to that effect. Instead, the the carriers of about $48,000,000 per annum. Reduccarriers were asked to advise the Commission tions in the wages of other classes of railroad em"promptly, and not later than May 31 1922 if pos- ployees were also momentarily looked for. These, sible, whether the findings herein will be carried into with the general wage reduction averaging 12% effect without formal order or orders." At a meet- made on July 1 1921, and involving approximately ing of the Executives of the Eastern roads on May 29 $400,000,000 per year, are expected to bring the railit was decided to accept the Commission's rate reduc- road wage level back to the basis prevailing before tions, but to lodge formal protest against the Com- the $600,000,000 increase per annum promulgated in mission's finding that 53 4% per annum constitutes July 1920. a fair return on the value of the property invested in We have referred above to the continued increase the rail carrying business; the Southeastern-roads, in in the iron and steel business in face of the strike at turn, at a meeting at Washington on May 30 decided the unionized coal mines. The United States Steel not to require the issuance of a formal order by the Corporation put several additional iron furnaces in Commission. Nor were the Western roads slow blast and also resumed work at its Mingo and Farto fall in line. The 10% rate decrease was expected rell steel plants. These latter make sheet bars, the to involve a loss in freight revenues by the railroads supply of which was insufficient. The "Iron Age" of the country in amount of about $400,000,000. on May 25 estimated that the Steel Corporation was The findings of the Commission did not provide engaged to 75% of its capacity in making steel infor any changes in passenger rates and the 10% hori- gots, besides which there was also an increase in the zontal reduction in freight rates is not to apply in steel output by several outside companies. Indeed, the case of agricultural products or other commodi- the "Iron Age" in its report for May 18 remarked that JUNE, 1922]. MONTHLY REVIEW the independent companies were operating on a scale suggesting that there was no fuel scarcity, though there was complaint of high fuel prices, "from $3 25 to $4 being asked now, against $1 50 at the beginning of the strike." At the instance of Secretary of Commerce Hoover fifty non-union coal operators at a meeting in Washington on May 18 reached an agreement to prevent profiteering in coal. The non-union bituminous mines are producing between 4,000,000 and 5,000,000 tons of coal a week, as compared with 7,000,000 tons to 8,000,0000 tons, the product in the corresponding period of last year with both union and non-union mines working, and this put it in the power of unscrupulous mine owners to take advantage of the necessities of consumers. It was stated that the plan proposed by Mr. Hoover "puts the burden of price regulation and prevention of profiteering squarely up to the operators and would.result in a virtual allocation of orders by the operators working in connection with Government officials." After the conference, Mr. Hoover said that he was not certain that the plan adopted would prove successful or that the fifty operators with whom he had discussed the matter could influence the total of 1,500 mines now producing coal, but inasmuch as these fifty operators controlled about 50% of the output of all the non-union mines, he thought the effort was justified. Both iron and steel prices further advanced during the month, but after the movement to prevent profiteering in coal consumers withdrew from the iron market and prices reacted by 50 cents to $1 a ton. The "Iron Age" stated that automobile plants were crowding for bar deliveries, their stocks in some sizes being down to a few days' supply and that in the West, in view of the larger call for hard bars for agricultural implements, one mill that had been idle for nearly 18 months was about to start up. With reference to the active demand for bars, the "Iron Age" under date of May 25 said: Bars are in greater demand than at any time since the spring of 1920. On new business 1.00c. is minimum, and some independent mills ask 1.70c. A conservative price level is indicated for Steel Corporation products when books are opened for the third quarter and last half. Sheets-are expected to be but slightly above to-day's level, and the present base of $4 75 per box for tin plate is predicted. One of the events of the month was a dinner conference at the White House on the evening of May 18 on the invitation of President Harding of forty-one leaders in the steel industry to consider whether it would not be practicable to abolish the 12-hour work day. The meeting was attended by Secretaries Mellon, Hoover and Davis. According to a statement given out by the President's private Secretary, George Christian,the President"explained frankly that there was no intention of Government interference in private business, but that we are about to witness a great industrial revival and the one hope of abolishing the excessively long working day was to do it before the full swing was resumed." A resolution was unanimously adopted at the dinner authorizing the President of the American Steel & Iron Institute to name a committee of five steel men to investigate the matter and report to the industry. Another development affecting the steel trade was formal announcement on May 11 that agreement had been reached for the acquisition of the Lackawanna Steel Corporation by the Bethlehem Steel Corporation. It appeared at the same time that plans were under way for the merger of other independent steel concerns. Several conferences were re 11 ported as held at the office of Kuhn, Loeb & Co. by officials of the steel companies in what came to be termed "the six company merger," including the Midvale Steel & Ordnance, the Republic Iron & Steel, the Steel & Tube Co. of America, the Youngstown Sheet & Tube Co., the Brier Hill Steel Co. and the Inland Steel Co. The Youngstown Sheet & Tube Co. later decided to drop out of the proposed combination. These merger plans aroused hostility in Congress and the U. S. Senate adopted a resolution asking the Attorney-General and the Trade Commission for information regarding the matter. On May 24 dispatches from Washington stated that representatives of the five companies considering the merger were understood to have advised Attorney-General Daugherty that the projected combination would not be consummated until the Department of Justice had been fully advised. All accounts agreed concerning the revival of the automobile trade and noted a great increase in the make of cars—some companies surpassing their very -largest previous output—and evidence of a growing demand was furnished in advances in prices in a fewinstances, this reversing the experience of thelasttwa years in which the record has been one of continued decline. Earl Motors raised the price of its touring car $100, to $1,095, and the Lincoln Motor Company increased the price on open cars from $3,300 to $3,800. On the other hand, the price of rubber continued weak and the Seiberling Rubber Company an/ nounced a cut of 1212% in the price of tires, effective immediately. Besides the advances in iron and steel products several other metals also moved to a higher level. Thus the American Smelting &Refining Co. advanced the price of lead by successive steps from 5.25c. to• 5.65c., while the price of copper rose a full cent a pound, and according to reports, a substantial tonnage of copper for June domestic shipment was disposed of at 14c. a pound. Earlier in the month there were also several further advances in gasoline prices besides those announced in April and previous months. In the New England textile strike the situation in Rhode Island in the 19th week of the strike was that about 50% of the mills were open and were averaging operations to about 33 1-3% of capacity. The operatives were reported steadily returning to work since injunctions against picketing had been obtained. In New Hampshire three textile companies whose mills have been closed since February by strikes notified Governor Brown on May 31 that they would reopen their plants in whole or part on Monday, June 5. Wages and working hours, the letters to the Governor said, would be the same as announced Feb. 2—a 20% wage reduction and 54-hour week. The Amoskeag Manufacturing Company of Manchester informed the Governor that it would reopen the Coolidge mill, one of its large departments. The Nashua and Jackson mills of the Nashua Manufacturing Company are to resume partial operation, their owners said. The Pacific Mill at Dover also is to be opened. The companies told Governor Brown their action was in consideration of his promise to safeguard workers and property should violence be atMass., tempted by strike sympathizers. In mill of the Hamilton Manufactaring Company the reopened with a 20% cut and was reported operating full in the cloth department. At Lawrence, Mass., the situation remained unchanged, none of the big mills contemplating opening. The Patchogue Plymouth offered a compromise on a 9% wage cut, 5% to take immediate effect and 4% additional in September, provided business did not improve, but that mill employs only about 400 hands and manufactures fibre rugs, the product being totally unlike that of other mills in that city. Prices of textiles were aided by the advances in the raw materials, cotton and wool. In cotton, under ad- 12 MONTHLY REVIEW [VoL. 114. verse weather conditions in the South, with plant- in New York and offered them to investors at $267 ing of the new crop several weeks late and accumu- per share, yielding on the basis of last year's divilated stocks of cotton steadily diminishing, middling dends about 6%. Drexel & Co., Brown Bros. & Co. upland spot cotton in New York rose from 18.35c. and Harris, Forbes & Co. sold $7,500,000 PhiladelApril 29 and 18.95c. May 1 to 21.8c. May 22, with the phia Electric Co. first lien and refunding mortgage close May 31 21.20c. Print cloths at Fall River were bonds, 5 % series due 1947, at 99 and interest, / 1 2 / 1 2 marked up May 2from 6V to 634c. The American yielding nearly 5.53%. Drexel & Co. and 8c. / Halsey, Woolen Company twice raised its prices on staple Stuart & Co., Inc., brought out $7,000,000 Northern and fancy worsted fabrics and also made further ad- Indiana Gas & Electric Co. first lien and refunding vances in woolens. The company stated that the mortgage 6% bonds at 95 and interest, yielding about new prices only partially represbnted the real in- 63 %. $6,932,000 St. Louis-San Francisco / Railway crease in wool values. Co. prior lien mortgage 512% bonds, series D, were / • In the grain markets there was a sharp rise in sold by New York bankers at 95 and interest, to wheat the early part of the month, with indications yield about 5.95% . The Guaranty Company of New of a possible corner in May contracts, but this led to York and the National City Company announced the a rush of supplies to Chicago from all quarters, so sale of $6,000,000 Brooklyn Union Gas Co. first lien that elevator capacity was exhausted, and the latter and refunding mortgage bonds, series part of the month, instead of a corner, prices col- interest, yielding 5%%. $5,000,000 "A," at 105 and lapsed. The May option for wheat in Chicago moved ship Company, Ltd., of Copenhage United Steamn, 15-year 6% up from $1 40 May 1 to $1 46 May 3, then declined to bonds were offered by Brown Bros. & Co. and Lee, $1 342 May 8, then jumped to $1 47 May 17, after Higginson / 1 / 1 2 & Co. at 951 and interest, to yield 6.50%. / which there was an almost continuous decline, with The Bankers Trust 4 Company headed a syndicate the price May 31 down to only $1 16. The July wheat which brought out $5,000,000 The Francisco Sugar option sold at $1 2914 May 3 and at $1 17 May 31. Co. first mortgage / 20-year 7/ bonds, at 100 and 1 2% The May option for corn at Chicago fluctuated be- interest. Bankers offered at 91 and interest, to yield tween 6314c. May 4 and 59%c. May 31, and the July about 6.60%,$5,000,000 / Utah Power & Light Co.6% option between 662 May 3 and 611 8c. May 31. Oats debenture bonds, series / 1 c / "A." A syndicate headed by were also lower, the extremes for the May option be- J. P. Morgan & Co. disposed of $35,000,000 first ing 38%c. May 16 and 352 May 31, and for the July mortgage / 1c. 30-year 5% bonds, series "A" of the New option 40%c. May 3 and 37%c. May 31. England Tel. & Tel. Co. at 971 2 and interest, to yield / ,The price of sugar rose to substantially higher lev- about 5.15%. $25,000,00 0 Pacific Tel. & Tel. Co. reels. At the beginning of the month the Arbuckle re- funding mortgage 5% bonds, series "A," were quickly finery quoted refined sugar at 5.25c., the Federal at sold by a banking syndicate headed by J. P. Morgan 5.30c., while the American Sugar Co., the Warner & Co. at 94 and interest, to yield over 5.40%. Lee, and the National made th,, quotation 5.40c., a reduc- Higginson & . Co., National City Co. and Aldred & Co. tion of 2% for cash being allowed in all cases. At disposed of $6,500,000 first mortgage 20-year 6% the close of the month all these different refineries Union Bag & Paper Corp. bonds, series "A," at 97 / 1 2 were up to 5.70c. less 2% for cash except the Federal, and interest, yielding over 6.20%. There were also whose price was 5.50c. less 2% for cash. Raw sugar extensive offerings of State and city bonds. ranged between 2 7-16c. and 238c. the early part of / As to dividend changes, the General Development the month, but was up to 2 11-16c. at the close. Co. resumed dividend payments. The last previous Offerings of new securities were again conspicuous distribution on this stock was in August 1920. The during May. The largest single offering of the month Neild Mfg. Co. declared 3% extra in addition to the was an issue of $75,000,000 10-20-year Federal Land regular 2% quarterly. The Package Machinery Co., Bank 4 % bonds by a syndicate of bankers com- in addition / 1 2 to the regular quarterly dividend of 50 posed of Alex Brown & Sons, Brown Bros. & Co., cents per share on common, paid $3 per share extra. the National City Co., Harris, Forbes & Co., Lee, The Federal Mining & Smelting Co. increased the Higginson & Co. and the Guaranty Co. of New York. quarterly dividend on preferred from 1% to 114%. / These bonds were offered at 100 and interest, to yield The Great Atlantic & Pacific Tea Co. raised the 41 2%. The syndicate not only quickly disposed of quarterly dividend / on common from 25 cents to 50 the whole amount to investors, but also an additional cents per share. The quarterly dividend on Comput$42,000,000, making $117,000,000 altogether publicly ing-Tabulating-Recording Co. was increased from $1 placed. The proceeds of the $42,000,000, however, to $1 50 per share. The Mathieson Alkali Works rewere to retire 5% bonds held by the U. S. Treasury. sumed dividends on preferred. North American Co. Lee, Higginson & Co. brought out $20,000,000 Shell declared a cash dividend of 2 % on common. The / 1 2 Union Oil Corp. 6% cumulative preferred stock, se- previous quarter 11 2% had / been paid in cash and 1% ries "A" at 96 and dividend, yielding about 614%. in preferred. Quaker / Oats Company resumed pay$22,500,000 1st M. 25-year 7% bonds of the Virginia- ment of dividends on common. The Hamilton Carolina Chemical Company were offered by Blair & Manufacturing Company omitted the quarterly Co., Inc., Hallgarten & co., and the Equitable Trust dividend on its stock. The s.-a. dividend on Swift InCo. at 9834 and interest, to yield approximately ternational Corp. stock was / reduced from $1 20 to 90 7.12%. A banking syndicate brought out $12,500,000 cents per share. The 212% s.-a. / on Bush Terminal Commonwealth Power Corporation 25-year 6% se- common was paid, but the usual stock dividend was cured bonds at 90 and interest, to yield about 6.85%. omitted. Illinois Pipe Line reduced its s.-a. dividend E. H. Rollins & Sons headed a syndicate which of- from 8% to 6%. fered $12,471,000 Utah Light & Traction 1st and ref. The stock market continued its upward course and mortgage 5% bonds, series "A," at 91 and interest, further new high levels for the year were established yielding over 5.70%. Bankers sold $10,000,000 Union throughout the list. In the first half of the month, Oil Company of California 20-year non-callable 6% however, a downward reaction occurred and for a bonds at 101 and interest, to yield over 5.90%. Dil- time recessions in prices appeared to be the order of lon, Read & Co. disposed of £2,000,000 (part of an the day. Apparently there were heavy and very exissue of £9,000,000) United States of Brazil 7 % tensive sales to realize profits / 1 2 after the long continCoffee Security Loan of 1922 at 97 and interest. ued rise and professional traders were evidently $8,500,000 Remington Mats Co. 1st M.6% bonds, se- bearish and helped the movement downward. The ries "A," were quickly sold by Lee, Higginson & Co. volume of business declined and the railroad stocks at 95 and interest, yielding over 6 %. A banking in particular showed absence / 1 2 of strength with the exgroup acquired from the Equitable Life Assurance So- ception of one or two specialties , more prticularly ciety and the Mutual Life Insurance Co.40,994 shares New Haven stock, which enjoyed a new spurt upward of the capital stock of the National Bank of Commerce on an improving outlook for the property by reason JUNE, 1922.] MONTHLY REVIEW of better returns of net earnings and a less hostile attitude against the company on the part of the Department of Justice at Washington in the litigation in which the company has been involved so long. The drop in the general market seemed to repel buying and transactions on the Exchange, which had been running well above a million shares a day, began to dwindle until on Wednesday, May 10, the aggregate of the dealings was roughly only about 775,000 shares and it really began to look as if the bull movement had actually culminated—at least for the time being. But the publication on the same day, May 10, of the monthly statement of unfilled orders on the books of the subsidiary companies of the U. S. Steel Corporation, showing an increase during April of 602,769 tons in the accumulated business of this, the largest.of the steel concerns, with a total of unfilled orders larger than at any time since June 1921 in face of the coal strike at the union mines, furnished new testimony to the revival in trade and exerted a quickening and strengthening effect on Stock Exchange business. Then came the announcement that the Bethlehem Steel Corporation had arranged to acquire the Lackawanna Steel Corporation and that plans were also under way, as already noted, for the merger of several other of the so-called independent steel concerns. Under the spur of this news the steel shares all began to show great activity and many of them made spectacular advances in prices. The oil stocks, which had experienced sharp reactions, also again came to the front and resumed their upward flight. The automobile group of stocks joined in the procession on multiplying evidences of a growing demand for cars—out of which also there was developing a gradually widening call for automobile accessories, thereby helping the stocks of all the concerns engaged in that class of work. Then, too, the copper properties displayed more strength than for a long time past owing to the substantial advance in the price of the metal, copper. The sugar stocks were not particularly active, but the increase in the price of refined sugar was of benefit to all the refining companies and the course of these shares reflected the fact in an upward trend. Many inactive stocks also became prominent in the trading and in these very little buying sufficed to bring about sharp advances. Altogether it became evident that the market was having a new accession of confidence and that the bull movement instead of being near the point of collapse was acquiring further momentum. The volume of dealings expanded in such degree that on several days the aggregate of transactions ran above 1,500,000 shares. The railroad list participated in the rise and on occasions led the movement, though advances here, as a rule, were much more moderate and conservative than in the industrial list, as has been the case all through the year. Exceptions to this remark are found in the case of railroad shares like the New Haven, which moved still higher the last half of the month, and stocks ordinarily inactive like Rutland preferred and Nickel Plate common, where the gains reached large proportions. The local traction properties likewise gave a good account of themselves in the forward march on the improving outlool for these properties. The announcement of a 10% cut in freight rates on the railroads of the United States to become effective July 1 had no decided influence upon prices, one way or the.other, but seemed to retard trading in the railroad list for a day or two. When the announcement was followed by news that the Railroad Labor Board had ordered cuts in the wages of certain classes of employees a feeling developed that perhaps the railroads were not going to fare so badly after all. The U. S. Supreme Court decision on Monday, May 29, saying that it was a violation of the anti-trust law for Southern Pacific to retain control of the Central Pacific caused a break in Southern Pacific stock on 13 May 31. One incident growing out of the decision was a jump in the Southern Pacific gold 4s, 1949, secured by Central Pacific stock as collateral. These bonds had risen from 78 in January to 83% in May and now bounded up to 94 . They closed May 31 at / 1 2 89 . On May 31 the general market showed more / 1 2 or less irregularity because of developments affecting special properties. Southern Pacific shares fell off for the reason already mentioned. Reading common sold down several points and the 1st and 2nd preferred stocks advanced several points on the U. S. Supreme Court decision giving the preferred shareholders equal rights with the common stockholders in the coal segregation plan, and the market was also confused over the announcement o2 the merger of the United Retail Stores with the Tobacco Products Corporation, the stock of the latter advancing while that of the former declined. VOLUME OF BUSINESS ON THE STOCK EXCHANGE. Month of May— 1921. 1922. 1920. 1919. Stock sales— Number of shares_ 28,921,124 17,236,995 16,642,242 34,413,553 Par value $2,532,995,600 $1,218,686,980 $1,436,029,950 $3.215,472,425 Bond sales(par val.)— • RR.& misc. bds $188,185,000 $79,649,100 $49,634.500 S73,617,000 U.S.Govt.bonds_ 127,776,450 139,494,425 298,999,800 196.238.300 State, municipal & foreign bonds__ _ 49,744,000 35,691,000 18,892,500 19,139,000 Total bond sales $377,423,425 $243,116,550 $367,526,800 $288,994,300 Jan"' to May 31— Stock sales— Number of shares_ 112,023,173 75,402,382 108,473,721 115,843,699 Par value $10,213,588,996 $5,565,037,919$10,266,335,375$10,223,837,000 Bond sales(par val.)— RR. & misc. bds__ $858,158,100 $376,993,600 $254,424,500 $227,645,000 U.S. Govt. bonds_ 855,916,875 735,667,050 1,316.157,700 973,570.500 State, municipal Sc foreign bonds_ _ _ 271,405,000 118,374,100 126,085,300 100,488,000 Total bond sales..$1,985,479,975 $1,231,034,750 $1,696,667.500 $1,361.703,500 In the money market the ease became still more pronounced. This applies both to long date funds and to money on call. The activity on the Stock Exchange and the large new loan flotations by railroad and industrial corporations and on behalf of municipalities and foreign Governments occasioned an augmented demand for accommodation at the banks, and this caused occasional temporary spurts in call loan rates notwithstanding that the trend continued towards lower figures. The call loan rate, however, never got above 5% during the month and most of the time was as low as 3 % and on one day, namely / 1 2 May 19, got down to 3%. Outside the Stock Exchange rumor had it that money could be obtained at even better figures than on the Exchange. The renewal rate on the Stock Exchange was 4% May 1 and 2; 4 % May 3 and 4; 41/4 May 5, then 4% up to and / 1 2 / including May 10; 414% May 11; 33 / May 12 to 4% May 15, inclusive; 3 % May 16 to May 22, inclu/ 1 2 sive; 4% May 23 to May 25; 3 % May 26; then 4% / 1 2 for the rest of the month. For fixed date maturities quotations got down to 4% for 60 days and 4@4 % / 1 4 / for 90 days to 6 months, as against 414% for all periods from 60 days to 6 months at the end of April. These are quotations for ordinary mixed collateral; where the collateral consisted of exclusively industrial security the rate was/ of 1% higher as a rule. 1 4 Commercial paper rates were also fractionally lower, with quotations down to 414% for 60 and 90 days / endorsed bills receivable and 6 months names of choice character, and names not so well known quoted at 4 %. The Secretary of the Treasury on / 1 2 May 25 announced a new offering of Treasury certificates of indebtedness to the amount of about $200, RATES FOR MONEY AT NEW YORK, WEEKLY. Week ending— May 5. May 12. May 19. Call Loans on Stock Exchange— (mbredicollateral) Range for wee1/ 3%-4% 354-5 3-33i Week's average (mixedicollateral) 4% 4 3% Range for week (all-industrial collateral)._ _.3%-5 3344 - 3-334 Week's averagea(all-industrial collateral)._ 4 4% 3% Time Loam? (MiudAColla1era1)— Sixty days 434 4-434 434 NinetytdaYs 434 434 4-454 Four months 434434 434 4454 Five months 4544% 434 4-454 Siximonths 43(434 4-454 434 TimeTLoams (All-Industrial ColitUeral)— Sixty days 4% 4% 434-4% Nifiety days 434 434454 434 5 Four months 434-44 434 4344% Five months 454-4% 454 434-454 Six months 454-4% 454 454-434 Double names—Cholce 60 to 90 days 4‘ , 44 454434 Single names—Prime 4 to 6 months 4;i 4% 434434 —Good 4 to 8 months 4% 434-454 434 3.6 May 28. 334-5 3% 331.8 3% 4-43( 4434 44)( 4-454 4-434 4-434 43(434 43(434 43(434 434-06 oi 43-4 434 14 ' 11 [Vox. 114. MONTHLY REVIEW 000,000 to bear date June 1 1922 and be due Dec. 15 1922 and to carry the same rate of interest as the issue made in April, namely only 312%. / Sterling exchange in face of the disappointing results of the Genoa Conference reached a new high on the current movement, bankers sight bills on May 10 being quoted at $4 45. Though there was a fractional decline from this figure the advance was well maintained,the close on May 31 being at $444 11-16@ $4 44%. The persistent strength of sterling, despite unsettling developments, was ascribed to the improvement in Great Britain's economic and financial position and to the fact that offerings of commercial bills have been extremely light. The flow of gold to this centre continued, but on a greatly restricted scale. A feature of the month was several announcements of gold withdrawals, notably for shipment to India. Continental exchange presented a marked contrast to the strength of sterling and sustained heavy losses in many cases on the growing dissension between Great Britain and France at the Genoa Conference. Later the actual decision to wind up the Conference further served to depress rates. Substantial recovery occurred the latter part of the month on light offerings of bills coupled with a tendency to ignore adverse developments. Bankers' checks on Paris broke sharply from 9.22c. May 1 to 8.97c. May 8, but Tallied to 9.17c. May 10; renewed decline then set in which brought the quotation down to 8.94%c. May 22, but by the close, May 31, the rate had recovered 2 to 9.123/c. Italian lire, while displaying a declining tendency early in the month,moved up sharply at the close. After being quoted at 5.363/2c. May 5 -sight bills on Rome fell off to 5.05c. May 19, but on May 25 were back to 5.32c. and closed May 31 at 5.203/@5.22%c. As a result of measures taken by 2 the Greek Government and private authorities to effect the stabilization of Greek exchange the drachma the latter part of May remained practically "pegged" at about 4.24c. up to the very close when a sharp slump occurred. Rumor had it that the banking consortium, which it was understood had arranged to peg exchange at 4.50c., did not have sufficient funds at its disposal to maintain the quotation at that level and consequently was obliged to let the rate drop. At all events, from 4.45c. May 1 the rate moved down to 4.10c. May 12 but with subsequent recovery to 4.25c.; the close May 31, however, was at 4.11c. The German reichsmark fluctuated within rather narrow limits;from 00.3534c. May 1 the quotation eased off to 00.31c. May 22; an upward reaction followed, which brought the quotation to 00.35%c. May 25, while the close May 31 was at 00.35%@00.36%c. The Austrian crown continued to move nearer to the vanishing point, the quotation on May 31 being down to 00.0095c., as against a parity of 20.26c. On May 1 the Austrian crown was worth 00.0125c. Exchange on the former neutral centres was less responsive to the developments at Genoa. The general tendency was toward higher levels. The feature was the rise in Dutch guilders, establishing a new record for the current movement. After selling at 38.20c. May 1 the rate steadily advanced and May 27 was 38.95c. On May 31 the close was 38.80@38.83c. The improvement was attributed to the placing here of the recent Dutch loan. The Swiss franc, on the other hand, fell from 19.38c. May 1 to RATES OF EXCHANGE ON CONTINENTAL CENTRES. -Method of quoting French, Swiss and Belgian francs and Italian lire changed on Dec. / 1920 to show the value of all these different units in NOTE. cents per unit. The previous method of quoting was to give the number of francs or lire to the dollar. Greek Now quoted In Italian Antwerp Amsterdam Swiss Paris Cents per Drachma Lire Guilders Francs Francs Francs May Bankers' Bankers' Bankers' Bankers' Bankers' Commercial Bankers' Cables Checks Sight Cables Cables Checks Cables Sight Cables Sight Cables Sight Checks .4.45 4.50 i 1__ 9.17ha.22 9.183ja.23 9.153ja.20 19.360.38 19.380.40 38.20a38.25 38.25a38.30 8.42 a8.47 8.43 a8.48 5.32 a5.35h 5.33 a5.3634 4.45 4.50 2.... 9.14 a.20 9.15 a.21 9.12 a.18 19.35a19.36 1937a19.38 38.24a38.32 38.29a38.37 8.38 a8.44 8.39 a8.45 5.313.05.34 5.3205.35 4.45 4.50 3__ 9.113.0.14h 9.120.15h 9.09,0.12h 19.3330.36 19 350.38 38.32a38.35 38.37a38.40 8.33 a8.38 8.34 a8.39 5.29 a5.323. 5.30 a5.333 4.50 4__ 9.110.17 9.120.18 9.09;0.15 19.26a19.33 19.28a19.35 38.30a38.32 38.35a38.37 8.3208.38 8.3308.39 5.30ha5.35h 5.31ha5.36h • 4.45 4.45 4.50 5-- 9.13ha.17 9.14ha.18 9.11 ha.15 19.29a19.32 19.31a19.34 38.33a38.38 38.38a38.43 8.35ha8.39 8.36ha8.40 5.33 a5.363 5.34 a5.373. 4.45 4.50 .6- 9.14 a.16 9.15 a.17 9.12 a.14 19.29a19.31 19.31a19.33 38.30a38.38 38.35a38.43 8.35 a8.37 8.36 a8.38 5.3305.35h 5.3405.36h SUNDAY 17.. 4.45 4.50 '8..- 8.97 a9.094 8.98 a9.10h 8.95 a9.07h 19.27a.283 19.29a.30h 38.32a38.37 38.37a38.42 8.17 a8.29h 8.18 a8.30( 5.20 a5.31 5.21 a5.32 4.25 4.30 9- 9.06ha.11 9.07ha.12 9.043a.09 19.27a19.28 19.29a19.30 38.39a38.42 38.44a38.47 8.23 a8.31 8.24 a8.32 5.26 a5.30 5.27 a5.31 4.15 4.20 10-- 9.10 a.17 9.11 a.18 9.08 a.15 19.2730.29 19.29ha.31 38.42a38.44 38.47a38.49 8.31 a8.38 8.32 a8.39 5.2805.34 5.2905.35 4.15 4.20 , 11.... 9.1130.14 9.120.15 9.090.12 .273.0.283 .290.30h 38.43a38.55 38.48a38.60 8.3108.34 8.3208.35 5.28;05.313 5.2905.32h 4.10 4.15 12._ 9.060.12h 9.070.133, 9.0430.10h 19.26a.273- 19.28a.293 38.55a38.64 38.60a38.69 8.27 a8.32 8.28 a8.33 5.23 a5.28 5.24 a5.29 4.25 4.30 a.11 19.24a19.26 19.26a19.28 38.61a38.63 38.66a38.68 8.29 a8.32 8.30 a8.33 5.21;05.25% 5.22;05.26% 13-- 9.10 a.13 9.11 a.14 9.08 SUNDAY 14_ 4.10 4,15 , 16_ 9.1230.13U 9.1330.144 9.1030.11U 19.06a19.21 19.08a19.23 38.61a38.65 38.66a38.70 8.30308.32 8.3108.33 5.26 a5.28 5.27 a5.29 4.10 4.15 16._ 9.120.14 9.130.15 9.1030.12 19.05a19.12 19.07a19.14 38.70a38.73 38.75a38.78 8.30508.32 8.31;08.33 5.2631a5.28 5.27 ha5.29 4.23 4.28 17._ 9.09;0.11% 9.1030.12% 9.07a,09h 19.12a19.22 19.14a19.24 38.74a38.81 38.79a38.86 8.2708.29M 8.2808.30h 5.2205.24% 5.23)05.253. 4.24 4.29 9.060.123 9.070.13% 9.04;0.10h 19.15a19.16 19.17a19.18 38.70a38.78 38.75a38.83 8.243-a8.303. 8.2508.31h 5.12 a5.21 5.13 a5.22 18._ 4.25 4.30 19-- 9.05 a.08 9.06 a.09 9.03 a.06 19.08a19.14 19.10a19.16 38.66a38.78 38.71a38.83 8.26 a8.29 8.27 a8.30 5.05 a5.11h 5.06 a5.123 4.25 4.30 • 20- 9.030.05 9.04ha.06 9.010.03 " 19.03a19.05 19.05a19.07 38.74a.80h 38.70a.85h 8.28ha8.30 8.2908.31 5.08 a5.11h 5.09 a5.123i SUNDAY 21__ WO 4.24 4.29 22-- 8.94(a.03 8.05Ua9.04 8.92Xa9.01 19.04a19.06 19.06a19.08 38.78a38.80 38.83a38.85 8.24ha8.33 8.25,1(18.34 5.053ja5.12% 5.06ha5.133. 4.24 4.29 23__ 9.01 a.05 9.02 a.06 8.99 a.03 19.05a19.09 19.07a19.11 38.81a38.82 38.86a38.87 8.33 a8.37 8.34 a8.38 5.11 a5.134 5.12 a5.14M 4.24 4.29 24_ 9.01;0.08h 9.023a.09h 8.993.0.06h 19.04a19.08 19.06a19.10 38.81a38.87 38.86a38.92 8.34 a8.41 8.35 a8.42 5.12305.22h 5.13305.2334 4.23 4.28 25._ 9.11;0.16h 9.12;0.17h 9.090.143 19.04a19.05 19.06a19.07 38.81a38.85 38.86a38.90 8.4108.46h 8.42308A7h 5.2005.32 5.2105.33 5.2234a5.25h 4.23 4.28 26.... 9.08a.11 3I 9.0930.123I 9.0630.093j 19.04a19.08 19.06a19.10 38.85a38.88 38.90a38.93 8.403.08.4334 8A1308.4434 5.23505.25 5.23305.2634 5.24305.26 4.23 4.28 27- 9.10 a.1134 9.11 a.1234 9.08 a.09X 19.07a19.10 19.09a19.12 38.91a38.95 38.96a39.00 8.42 a8.43h 8.43 a8.44h SUNDAY 28_ _ , 4.23 4.28 29_ 9.123ja.13 9.1.231a.14 9.10jia.11 19.09a19.10 19.11a19.12 38.98a39.04 39.03a39.09 8.44308.45 8.45308.46 5.25 a5.27 5.26 a5.28 HOLIDAY 30-1.11 4.16 31__ 9.1130.1234 9.1230.1334 9.0930.1035 19.09a19.11 19.14a19.16 38.80a38.83 38.85a38.88 8.43 a8.44 8.44 a8.45 5.20105.223 5.21305.23h Denmark Kroner May 1 2 3 4 5 6 7 3 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 • 30 31 Sweden Kroner Nor way Kro ner Bankers' Cables Checks Bankers' Cables Checks Bankers' Cables Checks 21.14a21.20 21.19a21.25 25.82a25.85 25.87a25.90 18.69a18.71 18.74a18.76 18.40a18.60 18.45a18.65 25.85 25.80 01.15a21.20 21.20a21.25 18.41a18.50 18.46a18.55, 25.84 25.89 21.17a21.22 21.22a21.27 18.55 18.50 21.17a21.22 21.22a21.27 25.84a25.87 25.89a25.92 21.19a21.22 21.24a21.27 25.84a25.87 25.89a25.92 18.51a18.70 18.56a18.75 21.23a21.27 21.28a21.32 25.82a25.00 25.87a25.95 18.62a18.65 18.67a18.70 SUN DAY SUN DAY SUN DAY 21.20a21.23 21.25a21.28 25.70a25.75 25.75a25.80 18.70a18.82 18.75a18.87 21.20a21.25 21.25a21.30 25.68a25.71 25.73a25.76 18.66a18.73 18.71a18.78 21.24a21.25 21.29a21.30 25.70a25.72 26.75a25.77 18.69a18.70 18.74a18.75 21.27a21.28 21.32a21.33 25.57a25.70 25.62a25.75 18.58a18.63 18.63a18.68 21.24a21.28 21.29a21.33 25.51a25.65 25.56a25.70 18.52a18.65 18.57a18.70 18.66 18.61 25.61 25.66 21.25a21.30 21.30a21.35 SUN DAY SUN DAY SUN DAY 18.65 18.60 25.60 25.65 21.32 21.27 18.63 18.58 21.32 25.58 25.63 21.27 25.52a25.56 25.57a25.61 18.51a18.55 18.56a18.60 21.29 21.34 18.60 18.55 25.55 25.60 21.35 21.30 21.25a21.28 21.30a21.33 25.61a25.70 25.66a25.75 18.42a18.47 18.47a18.52 18.28a18.43 18.33a18.48 25.75 25.70 21.27a21.28 21.32a21.33 SUN DAY SUN DAY SUN DAY 25.80a25.95 25.85a26.00 18.00a18.08 18.05a18.13 21.33 21.28 21.35 25.76a25.81 25.81a25.86 18.10a18.18 18.15a18.23 21.30 18.20a18.27 18.25a18.32 25.75 25.80 21.40a21.55 21.45a21.60 18.20a18.32 18.25a18.37 25.75 25.80 21.62a21.76 21.67a21.81 18.30a18.35 14.35a18.40 25.78 25.83 21.66a21.84 21.71a21.89 25.75a25.80 25.80a25.85 18.10a18.18 18.15a18.23 21.81 21.76 SUN DAY SUN DAY • SUN DAY 17.92a18.00 17.97a18.05 25.80 25.85 21.80a21.85 21.85a21.90 HOLI DAY HOLI DAY HOLI DAY 18.03 17.98 25.87a25.90 25.92a25.95 22.05 22.00 Berlin Reichsmarks Checks Bankers' Cables .349a.35h .347a.35h .32ha.34h .330.34h .32 a.33% .32ha.33h .33h,a.34% .34 ha.35 .34ha.35 .343a.35% .33ha.34h .34 a.35 SUN DAY .323.a.334 .33 a.34j( .333 a.34h .3430.35 4 .34ha.35 .34ha.35h .3430.34h .34ha.3534 .343a.34h .3430.35 .3434a.34 h .3434a.3474 SUN DAY .343sa.3434 .343%a.3534 .3414a.35 .3530.3534 .3330.3414 .3430.3434 .3334a.3334 .3330.34 .3234a.3334 .3334a.3334 , .3234a.3234 .3234a.3334 SUN DAY .31 a.3131 .51340.32U .3230.3334 .3234a.3434 .3334a.3134 .343:0.3534 .3434a.3534 .3434a.3634 .3330.3434 .333Ia.3434 .34 a.3531 .3430.3534 3 SUN DAY .3514a.3634 .3634a.37 BOLT DAY .3510.3634 .3630.3614 , Vienna Kronen • Bankers' ' Checks Cables .0125 .0130 .0130 .0125 .0122h .01173 .0117h .0122h .0125 .0120 .0125 .0120 SUN DAY .0125 .0120 .0122h .011734 .0122h .0117h .0115 .0120 .011214 .011734 .011234 .011734 SUN DAY .0105 .0110 .0100 .0105 .0100 .0105 .0105 .0110 .0100 .0105 .0100 .0105 SUN DAY .0100 .0105 .0100 .0105 .0100 .0105 .0105 .0110 .0105 .0100 .0102 .0097 SUN DAY .0102 .0097 HOLI DAY .0095 .0100 • Spanish Pesetas Bankers' Checks Cables 15.47a15.50 15.52a15.55 15.47a15.49 15.52a15.54 15.49a15.51 15.54a15.56 15.50a15.51 15.55a15.56 15.49a15.52 15.54a15.57 15.50 15.55 SUN I)AY 15.47a15.49 15.52a15.54 15.49a15.50 15.54a15.55 15.51a15.55 15.56a15.60 15.404:15.51 15.54a15.56 15.50a15.51 15.55a15.56 15.50a15.54 15.55a15.59 SUN DAY 15.54a15.64 15.59a15.69 15.61a15.64 15.66a15.69 15.65a15.70 15.70a15.75 15.67a15.74 15.72a15.79 15.72a15.82 15.77a15.87 15.77a15.92 15.82a15.97 SUN DAY 15.87a15.96 15.92a16.01 15.86a15.95 15.91a16.00 15.83a15.91 15.88a15.96 15.73a15.81 15.78a15.86 15.73a15.75 15.78a15.80 15.74a15.75 al5.7915.80 SUN DAY 15.75a15.76 15.80a15.81 HOLI DAY 15.73a15.77 15.78(115.82 15 MONTHLY REVIEW JUNE, 1922.] 19.03c. May 20, though it closed at 19.09@l9.11c. on May 31. The Scandinavian exchanges fluctuated irregularly within narrow limits. Checks on Copenhagen after moving up from 21.14c. May 1 to 21.84c. May 26 reacted slightly, but turned strong again and finished at 22.00c. on May 31. The Swedish crown, which was quoted at 25.90c. May 6, was worth only 25.51c. May 12 but a sharp recovery brought the rate up to 25.95c. May 22. The close May 31 was at 25.87@25.90c. From 18.82c. May 8 the Norwegian crown slumped off to 18.00c. May 22, rallied to 18.35c. May 26, dropped again to 17.92c. May 29 and closed May 31 at 17.98c. The Spanish peseta sold up from 15.47c. May 1 to 15.96c. May 22, but closed May 31 at 15.73@15.77c. There was very little change in rates on South American centres, the market being generally dull and rate fluctuations narrow. The Argentine peso / ranged bntween 361gc. May 1 and 3678c. May 16, / with the close May 31 at 363sc. The Brazilian milreis fell off from 14c. May 5 to 13%c. May 10. The quotation May 1 was 13%c. and the close May 31 at 13Vic. The Peruvian pound moved up from $3 63 May 1 to $3 75 May 15, but the close May 31 was $3 73. The Chilean peso advanced from 113e. 2 May 1 to 123/c. May 18 and closed May 31 at 11%c. Bills on Uruguay moved up slightly during the month, but practically all the other South American exchanges remained stationary. The Far Eastern exchanges reflected the advance in the price of silver. Checks on Shanghai and Hong Kong were the most susceptible to this influence, although practically all the Far Eastern centres shared in the advance. ..... WWt4WWWWWWW.1.4... 00OOMMO 14WW. , . , , ..0 00 4001*.WW...0C00 400 III II 1111 AAAAAA . • t tttttt tttttt te.ttttt tttttt g g xxxxxx rxxx= d00000 0 0,t0000 ,0f4000 000000 • A t t"tttt tttttt Xrrrrr rrrr : r 444, .3 ptCttgVtte; ' tt3t; tC titttrittt:I ' 2. t,tttit:I o gg gX . ,.t•gigggXXIX4,"g=Xggggg IM t.8.1 LTI C12 :4)0000@MPOOD 2d2UOVPO@OCJ,tft0001 • t gg • A t r..,4774.4-gx .zr.z4w x=. x-xm. t:tttt tttttt ttt::: ::::tt 4-4:g1= sgxzr ; @@sono ceases vzoogss (Dosage a tttttt tttttt .A Cl. xx tt::tt ' .1.w=x,..*r,•= .0.1444,4*.g , w.wwww 1 WL.4 • @ 00000 C4 w w,wwww ":".. .w.www wwwwww wwwwww rr AX a ' ;44L l 0000 000000 000000 ,w,www wwwwww wwwwww ; -1 4 14...ApPola , c.,WwWWW ..... .17 C9 Cl3 8 6 M;Z 14oP4.4s4,P W,WWWW 0 0 0 0 pOsoi.A•PAA WWWWWW WWWWWW 0+00...00 .0000W rX rxr X rrXrr rxrrrX 0 000 0 OOPS 0 @a0VS0 ,W"WWW 0 00 0 WWWWWIN WWWWWW W,..WWWW tv a 8 XXr rZrrAr t: slz m:4.:::4.m 4,p.o.4.4.4, AAAAAA a: '" e .„t 8.ngmwn'wwic " •g gnv j,noseines@gsusayneen ;""4 016000ttga; 3 4 5 4 0 e , ,W=l-e4Xilr°""""' OOOOCO-COl , A.4. .4.0.41.4.11 w w w.wwww 3SI53CdC.3Cdwwwwwto ' 4," rxrrrr xrrXrr rXrXX 0 1 O 0 0E4 000 00000 000000 w.,wwwww w (5..NNWWW wwwwww rXX44X 1,1 ..w.... g 0 000000 600 060000 00000,, 00 , O !...1.4.E.mai mi-g.itgi m1.442:4 53 SS,11 t.1 x xw:xxxx ti:x11:xxx xxxxxx xxxx x x A tV RATES OF EXCHANGE ON OTHER CENTRES. May. 1 2 3 4 5 6 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 HungarY Serbia Checks .13 .12% .1211 .13 .13 .13 Checks 1.36 1.40 1.44 1.44 1.46 1.49 .0255 .0247% .0252% .0252 .0250 .0250 .13 .12% .12M .12% .12% .12% 1.48 1.48 1.48 1.48 1.48 1.47 .70 .70 .70 .70 .70 .69% .0250 .0250 .0250 .0250 .0250 .0250 .12M .13 .13 .13 .13 .12M 1.47 1.48 1.48 1.47 1.47 1.46 .69% .69% .69 .69 .69 .68% .0250 .0237% .0245 .0245 .0245 .0245 .1214 .12% .12 .12 .12% .12 1.35 1.35 1.45 1.44 1.44 1.45 1.93% .69 .0245 .12% 1.45 1.94 .69 .0240 .12% 1.44 Bucharest Leu __Checks .71 .70% .70% .7051 .69% .69% Canada Dollars Czechoslovakia Kronen Checks 151% disc. 17 disc. , 1. % disc. 1. % disc. 1,1% disc. , 1916% disc. Checks 1.94 1.98 1.9401.95 1.95 1.95 1.92% 151% disc. 11:6% disc. 131% disc. 1,% disc. 1% disc. , 1516% disc. 1.02 1.92 1.8951 1.91 1.94 1.93 .6951 .69% .69 .69 .71 .71 disc. 1% , 31 6% disc. 31% disc. .,1% disc. 44% disc. disc. 1.93 1.91 1.92 1.92 1.92 1.92 ,1% disc. ,1% disc. h% disc. 91% disc. 13 1% disc. disc. 1% 1% disc. 81 ,A% disc. 1.8901.90 1.91 1.91% 1.9101.92 1.93 1.92 Polish Marks Checks .0250 .0250 .0250 .0250 .0255 .0258 Checks .34 .36 .36 .36 .3831 .37 SUNDAY .37 .37 .37 .37 .3631 .385 SUNDAY .3631 .37 .37 .37 .3631 .3651 SUNDAY .3651 .36 .3631 .36 .36 .3691 SUNDAY .3631 HOLIDAY .36 ColomyPortuVenebia Ecuador Uruguay zuela Turkey Bolivia gal sPeru *Chile Sucre Peso Bolivian° Dollars Escuda Bolivar Libra Peso -. ----- --Checks Checks Checks Checks Checks Checks Checks 69 24.10 7931 91 8.10 25 1831 I. $3.63 1131 24.10 91 7931 8.00 25 3.73 1131 26931 1831 24.10 7934 91 70 8.10 25 3.73 1831 3. 1131 24.10 91 7931 69 3.73 8.00 1834 25 4_ 1131 24.10 91 80 25 69 1831 3.73 8.00 6_ 1191 24.10 91 89 25 80 8.00 1831 6_ 3.73 1131 SUN DAY 7. 24.10 91 80 1831 25 69 8.00 8_ 3.73 1191 24.10 91 69 80 25 8.03 g.. 3.73 1831 1191 24.10 91 80 3.73 68 1831 25 8.00 10_ 1131 24.10 91 80 68 25 3.73 8.00 1831 II_ 1131 24.10 91 6834 8.10 25 3.73 7931 1151 1831 1291 24.10 7931 3.73 8.10 1814 25 1191 13_ 6831 SUN DAY 1401 24.10 68 1831 3.75 8.01 1291 7991 25 1591 24.10 7931 69 1831 8.10 25 3.75 12 16_ 24.10 91 7931 8.05 1831 3.75 25 12 6631 17. 24.10 91 7931 8.00 1831 25 1234 3.75 6631 18. 24.10 91 . 80 69 3.75 7.95 25 1831 1231 19_ 24.10 91 67 1831 8.05 1231 25 3.75 7931 20SUN DAY 2124.10 91 1834 795-( 6611 8.01 3.73 25 1291 2224.10 91 1834 67 7.95 3.73 7931 25 1231 23_ 24.10 7911 91 7.95 1834 67 3.73 1234 25 24_ 24.10 91 67 1834 793j 8.05 1231 3.73 25 2524.10 91 1831 66 3.73 793j 8.05 1231 25 267911 24.10 91 66 8,05 1831 3.73 12 25 27_ BUN DAY 2824.10 91 7911 1831 65 8.05 3.73 12 25 29_ IIOLI DAY 3024.10 7.77 1891 7931 64 91 3.73 1131 25 3L *Cents of U. S. money per Chilean peso. z American money per Peruvian pound y Value rule at practically the same level as checks on Bombay. Bulgaria Jugoslavia Finnish Mark/ca Checks .70 .70 .70 .70 .70 .70 Checks 2.05 2.07 2.08 2.11 2.10 2.09 Brazil Milreis Argentina Peso Checks 3651 3831 3631 36% 3691 3631 Checks • Cables 1391 1331 133-1 1331 1391 133-1 1331 1331 14 1491 14 1431 Cables 3651 3631 3655 3651 3651 3631 .70 .70 .70 .70 .70 .70 2.09 2.08 2.08 2.09 2.10 2.10 363.1 363.1 3651 3651 3651 3691 3631 3631 363-1 36 31 363.1 363.1 14 14 1351 14 14 1331 1451 1491 1331 1491 1491 14 .70 .70 .70 .70 .70 .70 2.11 2.11 2.10 2.10 2.09 2.09 3631 3631 3631 3631 3651 363-1 3631 37 3651 369-1 3631 3631 1331 1331 1331 13,1 1331 1331 14 14 14 14 14 14 .6931 .65 .70 .65 .65 .61 2.10 2.08 2.10 2.08 2.07 2.08 3651 3631 3631 3691 3631 3691 369-1 3631 3651 3631 3631 3631 1331 1331 1331 1331 1331 1331 14 14 1331 14 14 1331 .61 2.11 3691 3631 1331 1331 .65 2.13 3631 3631 1331 1331 Hong Kong Tadl Checks 564a5631 565057 563057 561057 561057 561057 Shanghal Tael Yokohama Yen Manila Peso SingeJava zBombay pore Guilders Rupees Dollars Checks Checks Checks Checks Checks Checks 7791a78 47504791 49 a4931 51505131 2831a29 3731a38 7731a78 47,1a4731 49 a4931 51505131 2831a29 38 a3851 771078 47104731 49 a493 5131a52 281029 371038 79107914 47304731 49 a4931 513052 29 a2931 38 a383.-( 79307934 47104791 49 a4931 511052 29 a2931 38 a3811 79107991 47105731 49 a4931 511052 29 a2931 38 a3831 563057 7831a79 5634a57 7831a79 5751a573-1 7951a80 5751a5731 795080 57305734 791080 571058 801081 47104791 49 47504751 49 4731a4751 49 47504731 49 47104734 49 47304714 49 58 a5814 811082 47104731 49 581059 82108234 473047% 49 583059 82308231 4710.4731 40 8934s8931 843ja8431 47304791 49 59105991 83108331 4731a4731 49 59105931 83108334 4734a4791 49 a4931 511052 29102931 38 a4931 5131a52 29,1a2931 38 a4931 52 a5251 2931a30 38 a4931 52 a5234 2931a30 38 a491.1 52 a523( 291030 38 a4931 52 a5231 30 a303.( 38 a383( a3831 a3851 a383.1 a3851 a3851 a5231 30 a303.( 38 a523.j 30 a303j 38 a5231 30 a3031 38 a5231 30 a3031 38 a523j 2931a30 38 a5231 2931a30 38 a3831 a489( a3851 $23851 a383j a383( 38 38 38 38 38 38 a3831 a389( a383.( a381( a381( a3851 a4931 52 a4931 52 w4931 52 a4931 52 a4991 52 a4931 52 59105931 8331a8331 47104731 49 a4931 52 59105931 8331a8314 4730479-1 49 a493-( 52 5831a5831 801081 4731a4731 4831a49 52 5810583 813ja82 4710473-1 483(a49 52 58105831 8031a81 47304791 49 a4931 52 5810583 801081 4730473-1 49 a4934 52 a5231 2931a30 a5231 2931a30 a5231 2931a30 a5234 2931a30 a5291 293030 a523.( 291030 , 58 a5831 8031a81 47104731 49 a493j 52 a5231 293(a30 38 a383( 58(a58',4 80.1(181 6 , 47!.1c47 , 49 04931 5131a52 2931a30 38 a389( of one escudo in U. S. currency. z Quotations for checks on Calcutta 16 NEW YORK STOCK EXCHANGE , MONTHLY AND YEARLY RECORD The following tables furnish a complete record of the New York Stock Exchange transactions for the past month and the year 1922 to date. They need no extended introduction, as they are self-explanatory. The tables embrace every security (excepting only State bonds) dealt in on the Exchange. We give bonds first, using the classification adopted in the official list. The black-faced letters in the column headed "Interest Period" indicate in each case the month when the bonds mature. In accordance with the rule adopted by the New York Stock Exchange in 1909, all quotations for interest-paying bonds are at a price to which accrued interest must be added. The exceptions to the rule are income bonds and bonds on which interest is in default. This method of quoting bonds became effective January 2 1909. rrFor footnotes to tables see last page of bonds and last page of stocks. BONDS. -PRICES AND SALES FOR MAY AND RANGE FOR THE YEAR TO DATE. BONDS N Y STOCK EXCHANGE t.2 "4 .) Sales in Price about May. Jan. 3 Par Value 1922. PRICES IN MAY. May 1. May 31. Lowest. I Highest. RANGE SINCE JAN. 1. Lowest. Highest. U S Government Securities Bid. Ask. Bid. Ask. Bid. Sale Prices. Sale Prices. Bale Prices. Ask. Sale Prices. first Liberty Loan First 334s 1932-'47 J D 17564000 95 Sale 99.48 Sale 100.00Sale 99.08May 3 100.06May 25 94.84Jan. 3 100.06Apr. 12 First 4s 1932-'47 J D 25,000 96.92 97.20 99.62 Sale 100.00Sale 99.56May 3 99.96May 26 96.04Feb. 7 99.961'/Iay 26 First 43is 1932-'47 J D 4,253,000 97.06Sale 99.62 Sale 100.00Sale 99.62May 1 100.04May 31 96.02Feb. 6 100.08Apr. 12 First Second 43(a 1932-'47 J D 237,000 07.00 100.00 99.5099.58 100.10Sale 100.04May 15 100.16May 23 96.82Jan. 4 100.16May 23 Second Liberty Loan Second 48 1927-'42 M N 145,000 94.40Sale 99.40 Sale 100.00Sale 99.26May 6 99.90May 22 95.80Jan. 30 00.90May 22 Second 43is 1927-'42 M N 26019000 96.58Sale 99.58 Sale 99.98Sale 99.42May 3 100 May 31 95.72Feb. 3 100 May 31 Third Liberty Loan Third 43is 1928M S 30233000 97.58Sale 99.80 Sale 100.00Sale 99.72May 2 100 May 31 96.74Jan. 31 100.06Apr. 12 Fourth Liberty Loan Fourth 43 1933-'38 A 0 36427000 97.20Sale -Is 99.84 Sale 100.04Sale 99.70May 1 100.06May 26 95.86Jan. 31 100.06May 26 Victory Liberty Loan Victory 4%s 1922-'23 J D 17352000 100.04Sale 100.60 Sale 100.64Sale 100.42May 8 100.82Nlay 22 99.74Apr. 21 100.98Mar. 20 Victory 3%s 1922-'23 J D 2,378,000 100.06Sale 100.02 Sale 100.00Sale 100.00May 9 100.06May 3 99.96Feb. 10 100.30Feb. 1 Ss cons reg April 1930 Q J 102 Apr. 4 103% Feb. 28 102% 103% Is cons coup April 1930 Q J 103% Feb. 23 1053-4 Mar. 1 Ai registered 1925 Q F 103 105 Jan. 28 105 Jan. 28 to coupon 1925Q F 105 104 Jan. 18 105% Feb. 27 Panama Canal 3s 1961 Q M 79 80% Registered 1961 Q M 79 79 Feb. 27 79 Feb. 27 State and City Securities New York City-430 1960 M S 39,000 98% 99 101 101% 1013% Sale 100% May 16 100% May 5 98 Jan. 4 100% May 5 4(s Corporate stock 1064 M S 38,000 ow, 102% 102% May 4 102% May 4 97% Jan. 5 103 Apr. 27 45a Corporate stock 1966 A 0 102% 99 Feb. 26 104 Feb. 24 98% 43s Corporate stock_ __1971 J D 34,000 104% 104% 108 102% May 4 107% May 15 103% Jan. 4 10834 Apr. 25 11,000 104 Sale 454s Corporate stock_ ..1967 J J 107% 105% May 31 106 May115 10334 Jan. 5 10734 Apr. 21 108 15,000 .104 104% 43s Corporate stock_ _1965 J D 108 1053 Sale 106 May 10 106% May4 4 103 Jan. 7 107 Apr. 24 % 2,000 104 104% 43.s Corporate stock--_1968 M S 108 107 Sale 105% May 17 1053 1May 17 103 Jan. 6 10734 Apr. 25 % 4 Corporate stock 1959 M N 9,000 9914 Sale Sale 9814 98% May 1 99% Mayl 5 93% Jan. 4 99% May 5 Corporate stock 4 195b M N 3,000 98% 99% May 23 99% May 23 93% Jan. 27 09% May 23 Corporate stock 4 1957 M N 93% 9814 9334 Jan. 12 104 Jan. 26 / 1956 M N 4% Corporate stock 94 Sale 94 Jan. 3 943 Feb. 28 New 4 s 1957 M N 13,000 104 104% 107 Sale 107% 105% May 11 107 May 1 103% Jan. 10 1070 Apr. 28 5,000 104 104% 43 % Corporate stock1957 M N , 107% 105% May 31 106% May 22 10331 Jan. 9 107 Apr. 21 8%% Corporate stock___1964 lei N 8434 Sale 84% Jan. 3 89 Apr. 19 89 New York State-4s 1961 M S 1,000 May 20 102 May 29 102 May 29 102 May 29 102 Highway Impt 434s 1963 M S 10934 Mar. 31 110 Jan. 7 Foreign Gov't Securities Argentine (Govt) 7s 1921 F A 1,151,000 101% Sale 100% Sale 100 May 26 1021-4 May 3 99 Mar. 7 102% May 3 Argentina -Internal 5s of 1909 M S 215,000 78 Sale 85 Sale 85% Sale 843-4 May 25 873 May 2 77 Jan. 3 8T May 2 Belgium-25-yr ext s f 734s g_'45 J D 592,000 104% Sale 109% Sale 109%, Sale 106% May 12 109% May 1 103% Jan. 7 10978 Mar. 3 5 -year 6% notes 1925 J J 633,000 94% Sale 103% Sale 102% Sale 102 May 27 103% May 1 9434 Jan. 6 1044 Mar. 8 20 -year s f 8s 1941 F A 627,000 108 Sale 107 Sale 107 Sale 106% May 5 107% May 2 10414 Jan. 6 108% Apr. 5 Bergen (Norway)a f 88 1945 M N 57,000 105% 107 111 Sale 110 May 3 111 May 3 105 Jan. 23 112 Apr. 13 110% Berne (City of)s f 8s 1945 M N 168,000 106% Sale 113 Sale 113 Sale 112 May 3 114 May 13 106 Jan. 6 116 Mar. 24 Bordeaux (City of) 15-yr 68_1934 M N 563,000 831 Sale % 87% Sale 86% Sale 8614 May 25 88 May 9 8034 Jan. 25 90 Apr. 15 Brazil, U S of, external 88_ _ 1941 J D 1,503,000 10434 Sale 107 Sale 10514 Sale 103% May 23 107 May 1 103 Jan. 11 108 Apr. 17 Canada,Dominion of, 5s__ _1926 A 0 619,000 9634 Sale 98% May 6 99% May 18 06 Jan. 5 101 Apr. 18 99 Sale 99% Sale do do 55 1931A 0 387,000 94% Sale 98% May 23 993% May 1 94% Jan. 3 100 Apr. 19 99% Sale 98% Sale -year 534s 10 1929 F A 602,000 96% Sale 101% Sale 100% Sale 100 May 22 101% May 5 95% Jan. 4 101% May 5 Chile Republic extenaal se 851941 P A 375,000 101% Sale 105% Sale 105 Sale 104% May 22 106 May 4 10014 Jan. 21 106 May 4 External 5- years f 8s__ 1926 A 0 772,000 9934 Sale 102% Sale 103% Sale 10234 May 10 103% May 20 9834 Jan. 14 10494 Apr. 12 25 -year s f 8s g 1946 M N 277,000 100% Sale 105% Sale 105 Sale 104% May 29 106 May 2 100 Jan. 28 10634 Apr. 24 Chinese Govt, ImperialHukuang Ry sterling 58_1951 J D 267,000 44% Sale 54 Sale 53 Sale 52 May 4 54% May 6 44 Jan. 24 57 Feb. 27 Christiania (City) s f 88.....A945 A 0 129,000 107% Sale 110 Sale 110% Sale 10934 May 4 1113 May 9 106 Jan. 6 11234 Mar. 28 % Copenhagen 25-yr s f 5348_1944 J J 624,000 87 Sale 91% May 25 9334 May 51 8534 Jan. 5 93% Apr. 15 93 Sale 91% Sale Cuba, Rep of, 55 ext debt 1904 M S 40,000 85 Sale 90 Sale 90 91 90 May 1 90% May 10, 8434 Jan. 13 9014 Mar. 21 5a ext debt ser A of 1914 1949 F A 51,000 80 87 87 May 29 89% May 10 77 Jan. 9 90 Apr. 22 89 4345 external loan 1949 F A 42,000 75 7634 80 , 7 6Jan 6 79% Sale 77% May 10 991 May 241 9 m p.3 8034 Apr. 28 r. 7 11 m Czechoslovak (Rep of) 8s 1951 A 0 1,911,000 98% Sale 98% 10084, Apr. 17 15 A, 973% May 8 Danish Cons Munic a f 8s A_1946 P A 101,000 106 Sale 111 Sale 110% Sale 10934 May 12 112 May 6 105% Jan. 5 112% Apr. 6 Series B a f 8s 1946 17 A 97,000 1063-( Sale 111 Sale 110% Sale 110 May 5 112 May 6, 105 Jan. 4 112% Mar. 30 Denmark s f 88 1945 A 0 321,000 108 Sale 111% Sale 110 Sale 110 May 20 111% May 3 10734 Jan. 21 11234 Apr. 4 -year external (is 20 1942 J J 1,117,000 9434 Sale 99 99% 97% May 11 99% May 18 903% Feb. 1 90% May 18 99 Sale Dominican Republic e f 58....1958 F A 86 53,000 85 904 May 24 93 May l 8514 Jan. 5 93 Apr. 7 93 Sale 91% Sale Dutch East Ind 25-yr ext 6s_1947 J J 1,573,000 94% May 29 97 May 2 94 Feb. 27 07 May 2 96% Sale 95% Sale 40 -year 6s 1962 M S 2,763,000 95% Sale 94% May 29 96% May 3 943-1 Apr. 4 07 Apr. 17 96% Sale French Repub 25-yr ext 88__1945 M S 1,590,000 100 Sale 105% Sale 104% Sale 103 May 27 106% May 3 993( Jan. 5 10834 Mar. 20 20-yr external loan 734s_ _1941 J D 2,273,000 94% Sale 102 Sale 1023-4 Sale 100% May 12 102% May 5 94 Jan. 5 104% Apr. 17 Gt Brit & Ireland ,United King of 20 -year gold bond 534s_ _1937 F A 1,612,000 96 Sale 103 Sale 102% Sale 102 May 10 103% May 3 96 Jan. 3 103% May 3 -year cony 5348 10 1929 F A 1,615,000 99 Sale 107% Sale 108% Sale 105% May 18 109 May 12 983% Jan. 5 109 May 12 8 -year cony 534s___Nov 1922 F A 2,886,000 100% Sale 107% Sale 108% Sale 107 May 2 109% May 15 100 Jan. 14 109% May 15 Italy, Kingdom,Eder A 630_1915 F A 87,000 92 94 94 May 26 96% May 19 9214 Jan. 7 963', May 19 96 Sale 95 Sale Japanese Govt,Imp-£4%e_1925 F A 779,000 87 Sale 90 May 16 9134 May 19 863% Jan. 4 91% Apr. 15 91 Sale 90% Sale 2d series 434s 1925 J J 274,000 86% 87% 89% Sale 89% Sale 893% May 10 9014 May 19 863% Jan. 4 91 Apr. 19 Sterling loan 4s 1931 J J 1,032,000 73% Sale 76% May 5 78 May 1 729-4 Jan. 4 79 Apr. 15 77% Sale 77% Sale Lyons (City of) 15 -year 68_1934 M N 535,000 83% Sale 87% Sale 86% Sale 863.4 May 17 88 May 8 8034 Jan. 25 90 Apr. 15 Marseilles(City of) 15-yr 68.1934 M N 584,000 83A Sale 8634 May 13 88 May 8 80% Jan. 25 00 Apr. 15 87% Sale 86% Sale Mexico, U El of, external gold loan of 1899 sinking fund 5s_ - _ Q J 049,000 54% Sale 65 Sale 64% May 12 68% May 1 54 Jan. 13 7014 Apr. 17 68 Sale 4s gold debt of 1904 1954 J D 912,000 40% Sale 54% Sale 53% May 12 58 May 2 399-( Jan. 10 62 Apr. 3 57 Sale Netherlands s 1 6s 1972 M S 4,227,000 95 May 1 98 May 31 939-4 Mar. 29 98 May 31 95% Sale 97% Sale Norway ext s f 8.8 1940 A 0 204,000 108% Sale 111% Sale 110% Sale 110 May 29 115 May 2 107% Jan. 6 115 May 2 Porto Alegre (City of) 8s.._ _1961 J D 128,000 105 Sale 101% Sale 101% May 31 105 May 1 101% May 31 105 Apr. 25 Queensland State ext s f 7s1941 A 0 214,000 10834 Sale 110% Sale 111 Sale 10934 May 11 1113 May 18 105% Jan. 27 1113 May 18 % % 25 -year 6s 1947 P A 248,000 102% Sale 101% Sale 101 May 29 103% May 11 98% Mar. 1 103% May 11 RioGrande(St'te)25yr8s intctfs'46 A 0 205,000 104 Sale 102 Sale 101% May 31 104 May 1 90 Feb. 1 105%, Apr. 15 Rio de Janeiro 25-yr s f 8s___1946 A 0 535,000 10134 Sale 104% Sale 103% Sale 103 May 20 104% May 1 99 Feb. 6 10634 Apr. 17 Ban Paulo (City) s f 8s 1952 M S 262,000 105 Sale 103 Sale 103 May 25 105% May 1 1003-4 Mar. 2 1063-4 Apr. 15 Man Paulo (State)ext at 8s__1936 J J 191,000 101% Sale 105% Sale 104 Sale 10314 May 25 105% May 2 100% Jan. 28 107 Apr. 21 Seine Dep (France) 20-yr 78_1942 J J 1,270,000 93% May 29 96 May 1 9034 Feb. 16 08 Apr. 15 9514 Sale 93% Sale Sweden 20 -year 6s 1939 J D 712,000 94% Sale 102% Sale 101% Sale 101% May 6 103 May 2 94 Jan. 6 103 May 2 Swiss Confederation 5 f 8a 1940 J J 612,000 114% Sale 116% Sale 118 Sale 116% May 1 118 May 4 11234 Jan. 24 120 Mar. 25 Tokyo City loan of 1912 50 M 13 161,000 67 May 23 73 May 2 67 Jan. 4 76 Mar. 1 71% Sale 71 68 73 71 Uruguay, Rep external 8a _1946 F A 151,000 103 Sale 107 Sale 103% Sale 106 May 5 108% May 12 10234 Jan. 7 108 Mar. 2 Zurich (City of) s f 88 1945 A 0 190,000 10734 Sale 112% Sale 113 Sale 112 May 13 114 May 2 106 Jan. 25 114 Mar. 26. 1 Sales in Price abou I May. Jan. 3 t c Par Value 1922. BONDS a Y STOCK 17 BONDS -STOCK EXCHANGE RECORD JUNE, 1922.] EXCHANGE RANGE SINCE JAN. 1. PRICES IN MAY. May 1. I May 31. Lowest. Highest. Lowest. Highest. Sale Prices. Ask. Sale Prices. Ask. Bid. Sale Prices. Railroad Bonds Sale Prices. Ask. Bid. Bid. 8 Alabama Mid. See At Coast L Albany,& Susq. See Del & Hud Allegh & West. See Buff R & P Am Dock & Imp. See Cent of N J 68 May 26 73 May 4 58% Jan. 4 80 Apr. 13 67% - 69 49,000 58 58% 72 Sale Ann Arbor 1st g 48_ _ __July 1995 CI .1 88% Sale 88 May 10 89% May 23 85 Jan. 4 90 Jan. 14 -Gen g 4s_ _1995 A 0 788,000 86 Sale 88% Sale Pitch Top & S F 1995 A 0 85% 88 88 May 18 88% May 29 8734 Feb. 24 88% May 29 11,000 Registered Re 82% 83 82% 84 82% May 12 84 May 23 7734 Jan. 6 84 May 23 g 4s___ _July 1895 Nov 81,000 79 Sale Adjustment July 1995 Nov 79% 79% 82 86 76 Registered 1995 M N 109,000 78% 79 82 May 8 84 May 15 7834 Jan. 3 84 Apr. 18 84 83 Sale 81 Stamped 1955 J D 82% 83 21,000 77 80% 81% 80% May 26 82% May 11 76 Jan. 9 83 Apr. 22 79 -year cony gold 4s 50 1960 J D 99% 105% 100% 101% 99 May 12 101 68,000 92 Sale May 6 9134 Jan. 5 101 Apr. 20 Cony 4s issue of 1910 94% 93% May 9 94 May 17 9134 Jan. 4 94 May 17 13,000 89% 91% 92% East Okla Div let g 4s......1928 M S 79% 1965 J J 81% 82 81% May 25 83 May 11 78 Jan. 7 8334 Apr. 25 27,000 773 Rocky Mt div 1st 4s A 85% 86 _ 85% 85% 84 May 10 86% May 20 7934 Jan. 5 86% May 20 82 17,000 79 Short Line 1st 45 gold1958 J J 92% 91% 92% 90% May 10 92% May 16 8634 Jan. 7 9234 May 16 92 Cal-Ariz 1st & ref. 4%8_1963 M B 61,000 8634 than Knoxv & No. See L & N 8634 Sale 87% May 10 89 May 1 85 Jan. 4 90 Apr. 25 88% 89 86 Sale Sal Coast L 1st g 4s_July 1952 M g 1930 M N 1M0 1 104% 104% 106% Sale 105% 106% 1043 May 11 106% May 29 10434 Mar. 3 107 Jan. 24 -year secured 78 0 10 0 0P % 87% 88 86% May 18 88 May 9 83% Jan. 3 88% Jan. 17 1964 J D 86% 88 General unified 430 8334 Sale 1928 M N 99 100 99% 100 May 3 100 May 3 9834 Mar. 3 100 May 3 6,000 96 8 Ala Mid 1st guar g 5s_ , , 88 8 88% 91 88% May 11 88% May 11 86 Jan. 16 88% Apr. 11 1,000 834 Brunsw & W 1st gu g 48_1938 J J 114% 114% 7534 Jan. 4 79% Jan. 16 109%, Charles & Say 1st g 78_1936 J J 82% 83 82% 8134 May 12 82% May 4 7734 Feb. 2 83 Apr. 18 82 L & N collat gold 4s_Oct 1952 M N 378,000 7634 Sale 8 108% Sale 108% 108% May 1 108% May 1 108% May 1 108% May 1 1,000 103% Say Fla & W 1st g 6s......1934 A 0 !Man & Danv. See South'n Ry &ustin & N W. See So Pacific 03 Sale 93% Sale 93 May 1 93% May 3 8834 Jan. 4 94 Apr. 15 -Pr lien g 3348_1925 J J 327,000 89% Sale 112alt Jc 0 83 Sale July 1948 A 0 254,000 77% Sale 80% 80% 80% May 17 83 May 1 7634 Jan. 5 83 Apr. 26 . 10 Gold 45 75 80% 77% 82% 77 73 Registered 82% Sale 1933 9 g 1,013,000 7534 Sale IA 82 Sale 81% May 5 83 May 1 74 Jan. 7 84 Apr. 17 Convert 4348 85% Sale 86% 87 85 May 6 87 May 16 77 Jan. 31 88 Apr. 17 Refund & gen 55 ser A_-1995 J D 355,000 7834 Sale 99% Sale 19293 J 1,033,000 9534 Sale 99% Sale 99% May 9 100 May 1 94% Jan. 4 100 Apr. 21 -year temp 65 10 09% 99% Pittsb June 1st g 65.-1922 J J 97'8 91% 92 24,000 86% 87 91% May 9 92% May 3 87 Jan. 9 94 Apr. 6 91% 92 Pitts Jet & M D 1st g 334s '25 M N 80% Sale is_1941 M N 239,000 73% Sale 79% Sale 79 May 12 80% May 3 7234 Jan. 9 8234 Apr. 25 PLE&W Va Sys ref y 91 Sale 3 8_ 1925 J J 179,000 86% Sale 90% Sale 90% May 10 93 May 18 86 Jan. 7 93 May 18 S W Div 1st gold 91% 894 9034 Mar. 3 904 Mar. 3 92% 94 C 0 Reorg 1st con g 4 8_1930 M S 96% 3,000 96 97% 98 97% May 10 99 May 2 92 Jan. 25 99 May 2 Cloy Lor & W con let g 55 '33 A 0 96% Sale 1,000 9034 94 96 May 11 96% May 1 96 May 11 98 Mar. 18 96% 100 Ohio River RR 1st g 5E1_1936 J D 96% 98 1937A 0 3,000 8534 General gold 58 96% May 15 96% May 18 90 Feb. 6 9634 May 18 96% 98 69 Sale 67,000 63 Sale 67% 68 Tol Cin 1st & ref 45 Ser A 1959;3 J 67% May 16 69 May 1 62% Jan. 6 70 Apr. 8 See N Y C & H R Beech Creek. Bellev & Carond. See Ill Cent Bruns & West. See Atl Coast L 99% 5,000 98% 1937 M S i g 5s 100% May 15 10034 May 13 9834 Mar. 21 100% Apr. 17 100 Buff R & P 3 90% Sale May 4 87% Mar. 16 93% Apr. 20 1957 M N 104,000 90 Sale Consol 4345 90% May 26 91 90% 91 8 8234 Mar. 26 8234 Mar. 26 75% 84 84% Allegh & West 1st g gu 4s '98 A 0 92% 1st gu g 55___1943 J J 86% 1 93% Cl & Mah 101 100% 13,000 100 101 99% May 19 100% May 6 99% May 19 100% Apr. 28 Roch & Pittsb cons 1st 65_ _ 1922 J D I Burl C R & No. Se8C RI& Pac 42,000 93 Sale 98% Sale 1962 A0 97% 97% 9634 May 20 98% May 3 93 Jan. 10 98% May 3 an Sou con gu A 5s auadian North deb sf 75.._1940 J D 208,000 109% Sale 113% Sale 113 Sale 111% May 17 114% May 2 10834 Jan. 4 115 Apr. 24 May 16 112% May 1 10734 Jan. 5 114 Apr. 14 25-year deb 5 f 634s g_1946 J J 356,000 107% Sale 112% Sale 111% Sale 111 1,155,000, 78 Sale 80% Sale 78 May 13 80% May 2 77 Mar. 22 81 Apr. 17 78% Sale Canadian Pac 4% deb stock_ -Carb & Shawn. See Ill Central -1 Carolina Cent. See Saab Air L May 1 89% Sale 88 May 5 94 May 1 83 Jan. 9 94 91% Sale Caro Clinch & Ohio 1st 58_1938 J D 131,000 8334 Sale Carthage & Ad. SeeNYCAr El Cod R Ia F & N. SeeB C R dr N Central Branch. See Mo Pacific Central Ohio. See Bait & Ohio 15,000 92% 100% May 17 102% May 5 85 Jan. 6 102% May 5 100% 102% 101 Cent of Ga-lst g 58__Nov 1945 F A 13,000 89 Mar. 1 99% May 4 1945 M N 97% Sale 90 98% 98% 97% May 1 99% May 4 84 Consol gold 55 90% Mar. 7 90% Mar. 7 1945 M N Registered 99% Sale 10-yr temp secured es__ _ _1929216,000 94% Sale 9934 Sale 9834 May 16 100 May 10 94 Jan. 5 100 Apr. 17 10,000 70% 81% Chat Div pur money g 48_1051 :I-15 784 7834 May 29 81% May 2 7934 Mar. 18 81% May 2 93 Feb. 23 96% Mar. 23 94% 1 87 Mac & Nor Div 1st g 5s_ _1946 J J 95% 97 1,000 87 94% Mid Ga & Atl Div 6s____1947 J J 95 May 19 95 May 19 95 May 19 95 May 19 95 1946 J J 94% Mobile Div 1st g .5s I 87 95% 7,000, go gale 94% 95% 92% 94% 94 Oen RR & B of Ga-Col g 5s 1937 M N % May 16 94% May 3 8834 Jan. 12 1068 Apr. 4 85,0001 104 Sale 109% Sale 107% 108 10634 May 12 109% May 1 103% Jan. 4 110% Apr. 29 Central of N J-Gen g 55___1987 J J 2,000 10234 July 1987 Q J Registered 106% Sale 105% los% 105% May 11 105% May 11 105 Apr. 24 107 Apr. 26 107 Mar. 14 107 Mar. 14 107% Am Dock & Imp Co eat 6819363 J % 1045 106% 108% 1941 M S 91 N Y & L Br gen g 48 82% 91 See So Pac Co Central Pacific. 12,000 90 -Fund & imp 5s__1929 J J 91% 95% Ches & 0 95% May 5 98 May 22 9034 Jan. 10 98 Mar. 1 98 96 47,000 95% 97 1939 M N 100% Sale 101% 1st cons gold 55 100 May 1 102 May 17 97% Jan. 4 102 May 17 1939 M N 11,000 98 Registered 96 100 May 26 100 May 26 100 May 26 100 May 26 1992 M S 267,000 84 Sale General gold 434s 87% Sale 86% 8734 8634 May 26 88% May 1 82% Feb. 2 88% May 1 1992 M 5 Registered 1930 F A 706,000 83% Sale Convertible 4345 89% Sale 8734 May 11 89% May 1! 82% Jan. 6 90 Apr. 27 8734 Sale 8 1946 A 0 1,722,000 84/ Sale 91% Sale Cony secured 5s 9134 May 13 94% May 23 84% Jan. 5 94% May 23 93% Sale 8 1944 J D 82% 81% 82% 80 Big Sandy 1st 4s 72% 78 77 Mar. 4 82 Apr. 17 Coal Riv Ry 1st gu 45___1945 J D 82% 85% 82% 88 72 1,000 81% Craig Valley 1st g 5s_-1940 J J 88% 88% May. 31 88% May 31 88% May 31 88% May 31 88% 71 Jan. 30 78 Apr. 18 Potts Creek Br 1st 45____1946 J J 77% 76 68 77% 80% 83% 835 g 18,000 71% 79% 83 / 83% May 2 83% May 4 82 Mar. 1 83% May 4 R & A Div 1st con g 4s_ _1989 J J 75% Mar. 23 79 Mar. 30 1989 J 3 2,000 76 79% 2ci con gold 4s 80% Warm Spr Val 1st g 58_1941 M S 87% 82% 88% Greenbr Ry 1st gu g 45_1940 M N 73 78% 78% 3 / May 1 52% Jan. 3 615 Apr. 22 1,000 52% Sale 57% May 20 61 61 Sale 59 Sale Chic & Alt RR-Ref g 3s__1949 A 0 Railway 1st lien g 334s___1950 J J 651,000 38% Sale 48% Sale 50% Sale 4634 May 16 50% May 27i 3734 Jan. 4 50% Apr. 25 5' 7734 Jan. 5 83% May 5 11,000 77% 78 83% 83% 81% 82 Chic Burl&Q-Ill Div 3345_1949 J J 8134 May 10 83% May 774 Mar. 4 78 Apr. 1 1949 J J Registered 1049 J J 28,000 87 Sale Illinois Division 4s 90 Sale 88% May 16 90% May 24 8734 Jan. 10 9134 Apr. 27 88% 90 33,000 93 Nebraska Extension 45_1927 M N 94 95% 96 95% May 2 96 May 2 93 Jan. 4 9634 Jan. 11 96 No Pac-Gt No. See Nor Pac. 1958M S 161,000 8634 Sale 88% 88 General 4s 88% 88 May 9 89% May 24 8634 Jan. 5 91 Apr. 24 88 98% Sale 1st & ref Ser A 5s(w 1)_ _ _1971 1? A 1,581,000 99% Sale 98% May 5 99% May 2 9634 Mar. 15 10734 Mar. 14 Chic & E Ill-Ref & impt g 48 Trust Co ars of deposit1955 3334 Jan. 13 3334 Jan. 13 1934 Aä 12,000 104 014: 35 33 104% 1st eons gold 6s 104% May 5 106 May 24 102 Feb. 2 106 May 24 10534 1937 M N General cons 1st 5s 7934 Apr. 21 86 Feb. 1 103 Jan. 11 103 Jan. 11 11 S M & Tr Co ctfs dep__ __ 103% 81 Jan. 121 8434 Jan. 14 stamped_ do do 80 104% Feb. 15 105 Feb. 21 Guar Tr Co etre of dep____ 103% 81% Sale 80 May 31 84 May 4 68 Jan. 6 84 May 4 81 Sale Chic & E Ill RR-Gen 5s__ 1951 M N 2,100,000 69% Sale 6234 Apr. 29, 63 Apr. 29 Chic & Ind Coal Ry 1st 58.1936 J j 10 00 0 62 % 628 Sale 61% 61% 60% May 22 62% May 1 59 Jan. 11, 6434 Apr. 18 Chic Gt West-lst 50-yr 48_1959 M S 457:0 00 101% Sale Jan. 16 107 Mar.30 j 3 j 103 106% 105% 106% 104 May 11105% May 23 101 Chic Ind & Lou-Ref g 68--18V ,1 . 51,000 80 Sale 95% 96 95% May 8 9634 May 24 8734 Jan. 9; 9634 May 24 94% 96 Refunding gold 58 1947 J J 6,000 75 Refunding 4s Series C 82% 78% 83 9534 May 4 96 May 4 75 Jan. 19 96 May 4 1966 M N 2,000 79 83 1st & general 5s 81 85 82 May 191 8334 May 1 79 Jan. 211 8334 Apr. 29 8334 Sale 75 Jan. 5 75% Jan. 5 1956 J J 73% 76 50 68% Ind & Loutsv 1st gu 4s 81% Feb. 10 85 Apr. 5 & Sou-50-yr 48-1956J J 833 83% 80 Chic Ind 85% 4,000, 8034 87 May 5; 88% May 26 87 May 5 8834 May 26 88% 99 Chic L S & East-lst 430_1969 J D 1 1 Chic Milw & St Paul 8 May 19893 J 119,000, 72% Sale 77% 78% 80 Gen g 4s Ser A 80% 75% May 20 78 May 2 7134 Jan. 51 7834 Apr. 17 13,000, 64 69% Sale 66% 69% 66% May 10 69% May 3 63 Mar. 8 6934 May 3 66 3345 Ser B_ May 1989J J Gen g 87,000, 7934 Sale 85 May 9 86% May 2 79 Jan. 5 8834 Apr. 18 86 87% 85% Sale General 434s Ser C _ _ May 19893 J 67 Sale 64 May 11 67% May 1 5434 Jan. 31 68 Apr. 17 64% Sale Gen & re ser A 4348 Jan 2014 A 0 899,000' 57% Sale 7334 May 13 76 May 5 62 Feb. 1 76 May 5 Gen ref cony ser B 5s Jan 2014 F A 754,000; 8334 63% 7434 Sale I 75 Sale 1932'J D 1,217,000, 62% Sale Sale . 69% Sale 70 May 11' 72% May 2 60 Jan. 27 73 Apr. 24 Convertible 4348 7234 May 5 6934 Jan. 30 81% Apr. 17 1925'J D 937,000 71% Sale 80 Sale ! 80 Sale 79 May 11 81 Permanent 45 65% Sale 63% May 15 65% May 6 54 Jan. 27 67 Apr. 18 -year debenture 4s_ _1934 J J 229,000, 56% Sale 25 9734 8834 9,000 8834 92 1926 J J 97 9734 May 11 97% May 10 92 Jan. 28 9734 May 10 Ch & Mo Riv Div 58 C I 1 18 BONDS -STOCK EXCHANGE RECORD 1'4 t BONDS NY STOCK EXCHANGE :44 Sales in I Price about May. Jan. 3 Par Value 1922. PRICES IN MAY. May 1. May 31. 1 Lowest. [VOL. 114. RANGE SINCE JAN. 1. I Highest. Lowest. Highest. Chic Mil & St Paul (Concluded) $ I Bid. Ask. Bid. Ask. Bid. Ask. Sale Prices. I Sale Prices. Sale Prices. Sale Prices. 73,000 65 Sale M es Puget lat gen 45_1949 J 76% Sale 7154 7334, 7234 May 291 77 May 11 6354 Jan. 27 7734 Apr. 27 Fargo & So ass= g 69_1924 J J 97 97% 1 98 Mil & Nor 1st ext 450-1934 J D 82 1 853' Sale 8794 1 8454 Mar. 24 8454 Mar. 24 Cons ext 450 1934J D 1,000, 8031 88 8634 8534 May 11 8534 May 11 85 Apr. 3 8534 May 1. 8734 Chic & N W Extens 49_1886-1926 F A 2,000, 9154 9231 96 9634 933/ 98 1 95 May 25 96 May 26 9234 Jan. 5 96 May 26 Registered 1886-1926 F A 9234 I 947 I 9351 Mar. 28 9331 Mar. 28 , General, gold, 33s 1987 M N 31,0001 71 Sgle D2 a2 7534 Sale 1 7534 7534 7534 May 23 7534 May 9 72 Jan. 4 81 Jan. 30 Registered Nov 1987 Q F 1 1 General 4s 73,000 8334 Sale 1987 M N 85 8534 8534 85 May lli 863 May 16, 8254 Feb. 2 8651 May 16 ,4 Stamped 7,00& 81 1987 M N 7,0081 84 8354 8454 8331 Sale 8354 May 16 84 May 2. 63 Jan. 28 8454 Apr. 18 General 55 stamped------1987 M N 99% Sale 10434 Sale ' 104 May 1 104% May 22 99% Jan. 3 105 Jan. 17 Sinking fund 6s____1879-1929 A 0 2,000, 102% 105% 10154 103 10134 106% 1 10154 Mar. 27 103 Feb. 17 Registered 1879-1929 A 0 101 102% 1013 % 101 Mar. 11 10134 Mar. 28 Sinking fund 5s_._ _ _1879-1929 A 0 2,0001 9431 9734 May 231 98 May 26 9654 Apr. 11 98 May 26 973.' 100 9734 Registered 1879-1929 A 0 91% 97 11 Sinking fund deb 50 1933 M N 17,000! 96 99 9934 9934 1 99 May 10 10034 May 4 96 Jan. 10 10054 May 4 Registered 1933 M N 1,000' 95 1 9854 May 25 9854 May 25 9834 May 25 9834 May 25 -year secured 7s 10 98,000 106% 107 1980 J D 10634 107 '10654 May 26 10954 May 18105 Jan. 9 10954 May 18 -year secured 650 18 1936 M S 114,000 107 10754 10934 Sale 106 10634 10854 May 16 110 May 4' 106 Jan. 4 110 May 4 Des Pl'nes Val 1st gu 4%s 1947 M S 84 8651 874 I St P East Gr Trk 1st 4s1947 J J 1,000 81 8954 8958 93 8934 May 2, 8934 May 2 8934 May 2 8934 May 2 Elk & Mo V 1st 6s 1933 A 0 Frem 105 108% 10751 Mar. 11 10731 Mar. 11 10851 110 Man GB&NW 1st gu 350 1941 J J 75% Milw &El L lat gu 3%5-1941 J J 68% 7254 I 73 M L S & West Ext sf 59_1929 F A 95 I 9934 99% 99 9834 Mar. 30 9854 Mar. 30 Ashland Div 1st g 68_1925 M 9 100 101% 101 Michigan Div let g 6s 1924 J J 100 100% 101 Mil Spar dc N W lat gu 4s 1947 M 24,000 80 83 8754 8794 87 881% 8734 May 15 90 May 13 8531 Mar. 23 90 May 13 4,000 95 St L Peo & N W 1st gu 5s 1948 J J 9734 10034 10254 10054 May 2 101 May 2 Chic R I & Pacific gen g 48_1988 J J 189,000 79% 79% 8254 Sale 10154 102% 82 May 18 84 May 26 95 Jan. 5 10291 Feb. 6 8354 833 6 79 Jan. 4 84 May Registered 1988 J J 78 1 1 78 Jan. 7 8151 Apr. 25 7931 8254 7954 82 Refund gold 4s 1934 A 0 184,000 76 Sale 81 May 25 84 May 2 7534 Jan. 6 84 May 2 81 Sale 1934M S 215,000 773 77% 82% Sale 80% Sale R I Ark & L 450 rec 81 May 20 8234 May 1 7634 Jan. 25 825 Apr. 28 % Burl C R & No-gold 55_1934 A 0 15,000 93 97% 97 May 26 98 May 13 9654 Mar. 27 9794 Apr. 25 9734 98 St L let gu g 70_ _1927 J D M ,1 103% 104% Choc Oki &0 Consol 5s 1952 m N 83% 92 9354 I 89 Feb. 15 913-4 Mar. 29 Keok & Des M 1st 55_ _1923 A 0 8,000 72 7451 90 02 ,90 9034 8934 May 15 90 May 8 72 Jan. 4 91 Apr. 17 St P & K C Sh L 1st 450_1941 F A 101,000 76% 77 82 Sale 8134 82 8134 May 9 84 May 11 76 Jan. 27 85 Apr. 17 Chic St L & N 0. See Ill Cent Chic St L & Pitts. See Penn Co I I 72,0001 104% 105 Chic St P M (lc 0 cons 6s_ _ _1930 J D 107 Sale 106 107 106 May 26 1073,1 May 1 10454 Feb. 17 10754 Jan. 26 Cons 60, reduced to 3%9_1930 J D 8751 89 90 67 Apr. 5 0034 Jan. 26 90 Debenture 56 1930 M S 27,000 92 Sale 93 9354 May 31, 95 May 9 9154 Jan. 10 9654 Apr. 8 94 9534 93 North Wisconsin 1st 60-1930 J J 101% 10554 1059 Superior S L 1st So....June 1930 M S 91 9434 94% 18,000, 7354 7534 86 Sale 82 Chic Is H & S'east 1st 5s 1960 J D 83 May 15 86 May 1 7334 Jan. 12 8634 Apr. 28 83 Chic & W I gen g 6s Dec_1932 2,000, 104 Sale 10434 104% May 9 104% May 9 103 Jan. 9 104 Mar. 7 104% -year 45 1952 Consol 50 .1 220,000, 6854 Sale 7554 Sale 74% 7434 7334 May 17 75% May 1 68% Jan. 11 77 Apr. 7 -years f 750 1935 M S 115,000, 10054 Sale 102% 10254 10234 102% 102 May 5 10254 May 10, 9934 Jan. 5 10234 Apr. 24 15 Choc Okl & G. Bee C R ac P 1 1 Cin Ham & D 2d g 450_1937 J 2,0001 813.' 8654 8854 8734 8934 87 May 31 8734 May 31 85 Feb. 6 8934 Mar. 22 Cin Fin dr Ft W 1st gug 4s '23 M N Day dc Mich lot con 4 9_1931 J J 1 8254 9154 9134 9034 Mar. 21 9034 Mar. 21 Gin Ind St L C. See C CdcStL Gin San & Clev. See CCC&StL Clearfield & Mahon. See BR&P OCC&StLgeng 4s 39,000 75% 7754 8134 Sale 79% 81341 7954 May 131 82 May 8 7634 Feb. 3 83 Apr. 26 1998J D -year debenture 450.-1931 J J 153,000 86% Sale 20 8954 90 89% Sale 8734 May 15 8934 May 2 8434 Feb. 14 91 Apr. 17 3,000 8651 Gen 58 Series B 1993 J D 9834 9734 May 13 99 May 10 92 Feb. 1 99 May 10 100% 103 Ref & IMP 6s series A__ _1929 J J 272,000 96 Sale 10054 Sale 99% Sale 9934 May 29 10034 May 2 95 Jan. 9 10034 Apr. 28 1941 J J Ref & imp Os Series C 10234 100% 102% 15,000, 79% 81% 8534 Cairo Div 1st gold 45-1939 J J 86 1 85% May 16 87 May 16 7994 Jan. 8 87 May 16 14,000 72 Cin W & M Div 1st g 45_1991 I J 7934 80 79% 80% 7934 May 23 8134 May 15 76 Jan. 12 8154 May 15 18,000' 77% Sale Bt L Div 1st coll tr g 4s 1990 M N 8234 Sale 8134 Sale 80 May 22 8234 May 1 7754 Jan. 4 8234 May 1 Registered 1990 M N Sp & Col Div let g 4s 1940 M S 7631 8534 85% 3,000 7351 W WVal Div lst g 4s_ 1940 J J 81% 85 83 8334 May 29 84 May 23 8334 May 29 84 May 23 Chi I St L &Clot 4s_ _Aug 1936 Q 1 86% 1 8434 87 8494 Mar. 6 8634 Apr. 28 88 Registered Aug 1936 Q F 1,000 85 8634 May 17 8634 May 17 8634 May 17 863-4 May 17 Cin dc Cl cons lst g 5s__1928 J J 94% 1 9334 96 94% 94 Jan. 20 9454 Mar..30 1,000 104 107 C C C & In gen con g 68_1934 J J 110534 May 2 10534 May 2 104 Jan. 6 105% Apr. 11 10534 1053-4 Ind Bl dr W 1st pref 45_1940 A 0 7534 82 873 0 I & W 1st pref 5s Apr 1938 Q, J 78 84% 8554 46,0001 7254 73 Peor & East 1st cons 4,5__1940 A 0 79 7934 7734 7894 7854 May 17 80 May 4 7034 Jan. 7 80 Apr. 22 85,000 2234 23% 31 Income 48 1990 Apr 27 May 15 32 May 22 2278 Jan. 6 35 Mar. 13 32 32 Sale Cleve Lor & W. See Bait & 0 Cleve & Mahon Vail. See Erie Cleveland & Pitts. See Penn Co 12,000 89 Cleve Short L-lst gu 450_1961 A 0 90 93 93 May 9 9534 May .20 90 Jan. 281 9534 May 29 95 93 74,000 89 Colo & Southern 1st g 49_1929 F A 90% 92 Sale 93 93% 92 May 1 9334 May 23 8434 Jan. 28 9331 May 23 94,000 83 Sale Refunding dr ext 450_ 1935 M N 88 Sale 87% 88 8734 May 11 8851 May 4 8134 Jan. 30 893 Apr. 22 4 F W & D City-Ext 534s_1961 'J D 10154 Mar. 30 105 Apr. 13 Colum & Hock V. See hock Val Col Conn dc Term. See Nor & W Conn & Pas Rivs 1st g 4s_ _1943 A 0 89,000 75 -year 5s g_1952 J J Cuba Rh 1st 50 823 May 11 8734 May 31 7691 Feb. 1 875 May 31 % 7754 8474 Sale 8434 85 % 1st & refund 730 ser A_ A936 J D 118,000 100 Sale 102 Sale 10334 Sale 102 May 1 104 May 17 100 Jan. 3 104 May 17 Mlles & Waco. Sea Mo K & T &oelaware Lack & Western15,000 76% 78% 80 Mor & E 1st gu 350_2000 J D 8031 8034 May 20; 81 May 16 7634 Mar. 6 81 May 16 80 8,000 98% 99 NY L&W Construe 5s _1923 F A 993 May 8 10334 May 19 9834 Jan. 10 103 May 19 4 99% 99% 100 17,000 97 Term & improve't 48_1923 M N 98 98% 99 9834 May 10 9834 May 24 97 Jan. 51 99 Apr. 19 9831 99 War RR 1st ref gu g 354 2000 F A 69 7534 77% 75% 77% 7434 Mar. 31' 7434 Mar. 31 Delaware & Hudson 1 991% 100 1st lien eq 15-yr g 4549_1922 J J 99% 99% 09% 9731 Jan. 16 0034 Feb. 20 16,000 87% 87% 91 1943 M N let refunding 48 92 89% 9034 89 May 22 0134 May 4 8334 Mar. 3, 9154 Apr. 21 32,0001 89% Sale 20 -year convertible 5s 1935 A 0 9551 May 12 9734 May 31 8051 Jan. 31 99 Apr. 24 97 Sale 9754 Sale 30,000 108% Sale 10834 Sale 109 -year secured 7s 1930J D 10 107 May 10 109 May 3 107 May 10 109 Feb. 8 2,0001 76% Sale Alb & Susq cony 350 1946 A 0 80 May 23 81 May 12 7634 Jan. 3 81 May 12 7934 80 80 81 Rena dc Saratoga 65 1941 M N 102% 107% 107% 8094 Apr. 29, 8134 Apr. 29 Del Riv RR Bdge. See Penn RR 1 -1st cons g 49...1936 J J 188,000, 73% Sale Den & R 0 81 Sale 78% 79 7834 May 12 82 May 9, 73 Jan. 31 82 May 9 1938 .1 86,000, 76% 78 Consol gold 450 82 May 13 84 May 21 7054 Jan. 12 84 May 2 8334 84 82% 85 Improvement gold 58 1928 J D 132,000 75 Sale 82 8334 823,4 Sale 82 May 5 83 May 3 7434 Jan. 3 85 Apr. 17 First & refunging 58 1955 F A 1,018,000 44% Sale 50 Sale 483% 5034 48 May 11 51 May 22j 4234 Jan. 5 5234 Apr. 15 15,000, 42 Trust co certfs of dep 45 42 May 12 43% May 8, 4034 Mar. 3 47 Apr. 22 7,0001 73 Rio Gr June 1st gu g 5s...1939 3 D 88 8834 9034 88 May 8 8854 May 8' 8054 Mar. 3 8834 May 8 9034 19403 J Rio Gr Sou lat g 40 12 17% 174' 1138 Guaranteed 1940 J J 10% 40 40 73,0001 73% 7434 80 Sale Rio Gr West 1st g 45 1939 J J 78%, 7934 78% May 15 80% May 4, 7334 Jan. 6 8034 May 4 73,0001 61% 64 M &coll tr g 45 Ser A__1949 A 0 Ng Sale 66% 67 6634 May 22 6994 May 21 6254 Jan. 4 70 Apr. 12 Des M & Ft D. See M & Bt L Det & Mack 1st lien g J D 78 7334 77 77 1 7634 7,000, 56% Gold 4s 1995 J D 67 May 23 74 May 16 67 May 231 74 May 16 66 74 66 Detroit River Tunnel1 50,000, 82 Det Term Tunnel 1st 430 1981 M N 8254 8834 90 87 Sale 87 May 29 893 May 51 82 Jan. 51 8934 May 5 1,000: 95% Dul Missabe & Nor gen 5s.._1941 J J 98% May 13 0834 May 13 9574 Jan. 4 100 Mar. 9 100 98% 3,0001 93% Dul & Iron Range 1st 59_1937 A 0 0034 wog 97 9834 97 May 26 97 May 26' 0554 Mar. 3 10031 Apr. 6 Registered 1937 A 0 • Duluth Short Line. See Nor P 6,000 85 Dul So Shore & Atl g 58___1937 J J 87 82% May 29 83% May 15 8234 May 291 87 Jan. 12 82 82% 83 87 ELt of Minn. See SPM &M ast Tenn Reor lien. See So Ry East Tenn Va & Ga. Be. So Ry 8,000 93 Elgin Jol & East 1st g 5s___1941 M N 95 99 May 8 99 May 8 95 Jan. 20 0934 Apr. 26 98% 99 Elie-1st extended gold 79_1930 M S 417,000 101 10254 10434 Sale 1043 105 10434 May 1 10554 May 5 10034 Jan. 10 107 mar. 24 N Y & Erie 1st ext g 48_1947 M N 75% 8234 933 1 1 3(1 ext sold 41 40 4,000 963 , 1923 M 4 983 9934 9834 May 10 9854 May 22 9694 Jan. 12 9834 May 22 983-4 2 • JUNE, 1922.] BONDS If N STOCK EXCHANGE 19 -STOCK EXCHANGE RECORD BONDS Sales in Price about Jan. 3 May. 1922. Par Value RANGE SINCE JAN. 1. PRICES IN MAY. May 1. May 31. Lowest. Highest. Lowest. I Highest. Sale Prices Sale Prices. 803% Mar. 27 9034 Mar. 21 Sale Prices. Ask. Bid. Ask. Sale Prices. Ask. Bid. Bid. Erie (Concluded) 92% 9531 1930 A 0 4th ext. gold 5s 80% 92% 1928 J D gold 4s 5th ext 102 102% 100% 1930 M S NYLE&W extd 7s 17 63 May 12 6534 May 23 543( Jan. 10, 65% Apr. 21 65 Sale 64% Sale Erie 1st con g prior 45-1996 J J 505,000 58% Sale 57 Mar. 211 57 Mar. J J Registered 31 56% May 23 3934 Jan. 9 5734 Apr. 17 53% Sale 55% 56% 50% May it consol gen lien g 45-1996 J J 1,127,000 42% Sale 55%, J J Registered 87% May 8 88% May 16 79 Jan. 16 89 Apr. 18 89 87 89 88 F A 49,000 77% 80 Penn coil trust g 525% 50 Sale 52% 52% 48% May 17 52% May 26 343j Jan. 10 52% May. 26 • A...1953 A 0 864,000, 36% Sale 50-yr cony g 40 Ser May 26 % 48% May 17 523 May 26, 32 Jan. 10 49% Sale 51% 52 do Ser B-1953 A 0 577,000, 355% Sale Do 4 483 May 12 573% May 26' 34% Jan. 9 57% May 26 53 Sale 56% Sale D__1953 A 0 814,000, 37% Sale Gen cony 45 Series May 22 94 May 1 80 Jan. 28 94 Apr. 27 94 Sale 92% 92% 85 91 9,000 80 Chic & Erie 1st gold 55- _1982 M N 905% Jan. 26 905% Jan. 27 92 92 90% 31 Clay & Mahon Val g 5s___1938 J J % 95 92 95% 95% 95 May 2 1065% May 31 785% Jan. 25 1061 May 2 49,000, 82% 83 Erie & Jersey 1st s f 6s___1955 J J 94% May 19 97 May 2 793% Jan. 16 97 May 95% Sale 94 95 86 69,000 80 Gennessee Riv RR 1st s f 68'57 J J 105% 106 102% Long Dock cons gold 60_1935 A 0 100 Apr. 27 100 Apr. 27 99 99 88 C & RR Co 1st cur gu 6s__1922 M N 91g 91% 84 D & Impt Co 1st extd 55.._1943 J J 88 Feb. 14 88 Feb. 14 88% 88% 72% 83 M N NY&Greenw L guar g 50_1946 3 703( Apr. 68 Sale 57 68% 68% 67 May 16 70 May 2 54 Feb. 16 52 May 26 69,000 53 NYSusq & W 1st ref g 50_1937 J J 9 Mar. 468 50% 65 55% 52 May 9 52 May 9 443j Jan. 5 52 1937 F A 3,000 43 Second gold 4%s 60 Apr. 25 22 59% May 3 38 59% Sale 38 58 May 52 58 1940 F A 50,000 37 General gold 5s 86 86 May 15 86 May 15 83 Feb. 27 86 May 15 85 86% 80 M N 1,000 Terminal 1st gold 55-1943 84% 897 78% % 1940 A 0 Mid of N J 1st ext 55 65% 75 71% May 22 73 May 5 55 Jan. 24 73 Apr. 29 71 70 7,000 52% 54 Wilk & East 1st gu g 50-1942 J D Erie & Pittsburgh. See Penn Co. & Ind 1st con gu g 60_1926 J J 105% 105% 103% 1942 A 0 Iv & T H-let gen g5s 78 1923 A 0 Mt Vernon 1st gold 60 78 1930 A 0 Still Co Brch 1st g 58 Vargo & Sou. See Ch M & St P la Cent & P. See Saab Air L 86% 88 85 873% 923% 8631 May 12 86% May 4 805% Jan. 11 87% Apr. 5 3,000 80 1959 J D Fla East Coast 1st 4%s 77% 77% 70 1 85 Mar. 28 Fort St U D Co 1st g 4%0_1941 J J 82% 85 80 835% May 9 83% May 9 78 Feb. 835% 1,000 78 1928 J J Fr W & Rio Gr lat g 4s A. See Gal H & San See ScabSo Pac Co Air Line a dr Ala. 89% Sale 90 8731 soli 87% May 10 89% May 1 83 Mar. 8 965% Apr. 27 14,000 80 °sly Hous & Hend 1st 58_1933 A 0 Nor. See Scab Air L Gs Car & Georgia Pacific. See South Ry Ga V 0 & N. See Sou Pac Co Gouv (ic Oswegat. See N Y Cent % 15 114% May 1 108 Apr. 12 1147 May 1 114% 8 % Grand Trunk of Can s f 7s 1940 A 0 178,000 108% Sale 1043 Sale 1123 1135% 112 May 26 105 May 3 100 Jan. 7 105 May 3 ,1 Sale 1033% 104 1035% May 1936 M S 400,000 1005% Sale 15-yr deb g s f 60 -C B & Q coll. See N P Great Nor Feb. 1 110 May 19 19 % 1936 J J 1,391,000 108 Sale 109% Sale 1095 Sale 108% May 16 110 May 4 885% Mar. General 7s Series A 91% May 4 875% 90% 91 91 88% Sale 903% May 9 91% May let & refund 44s Ser A 1961 J J 131 ' 64 00011 1961 J J Registered 22 953% Mar. 25 1003-1 May 22 100% Sale 98% May 16 1003% May 1,539,000 Gen mtge Ser B 53s(w I) 1952 _ St Paul Minn & Manitoba91 Mar. 151 91 Mar. 15 91% 94 9134 94 88% 1933 J J 4s_ Consol mortgage 10531 Jan. 26,109% Apr. 26 108% 109 111 105 1933 J J 1st consol gold Os 1 1933 J J Registered May 95% 97 96% May 18 96% May 18 9334 Jan. 4 965% Mar. 18 94 96% 1,000 933% 15 Reduced to gold 4%0_1933 J J 95 Mar. 15 95 1933 J J Registered 91% 92% 90% 91% May 4 91% May 4 88 Jan. 14 915% May 4 7,000 85% Mont Ext 1st gold 45_1937 J D 90 1937 J D Registered Pac Ext sterling gu 45_ _1940 J J 88 Jan. 26 9234 Apr. 13 May 90 1,000 86 8934 903% 893% May 25 89% May 25 995% May 16 9991 May 16 1948 A 0 Ry M No Div 1st g 4s 16 3 99% 99% 995% May 16 99% 4,000 09 Minneap Union 1st g 68_1922 J J 1093% Jan. 23 1095% Jan. 23 110 108% 105 1937 J J Mont C 1st gu gold 6s 1937 J J Registered 99 Feb. 17 1003% Apr. 4 100% 93% 101% 1937 J J 1st guar gold 50 1937 J J Registered 993% Apr. 28 999-1 Mch. 17 99% 100 100 92% Will & S F 1st gold 5s___ _1938 J D Greenbrier R. See Chas & 0 67% Apr. 3 705% Apr. 10 75 70 70 60% 75 Green Bay & West deb ctfs A_.. Feb 1 Apr. 11 8 9 May 24 10% May 2 6% Jan. 17 11% Apr. 21 9 Sale Feb 78,000 6% 8 Debenture ctfs B 4 72 Jan. 4 79 77 74 70 83 75 Oa BM 1st ref & ter 5s g Feb.'52 J J Feb. 1952 3 J Registered May 12 86% May 9 813% Jan. .5 87% Apr. 5 86% 86% 86% Sale 85% 39,000 82% 83 'Jock Val 1st con g 4%s_ _.A999 J J 83% 1999 J J a Registered 78 Jan. 10 78 Jan. 10 76 80% 84% 80% 84% Col & II V 1st ext g 4s_ -1948 A 0 793% Mar. 20 793% Mar. 20 71% 80 80% 1955 F A 1st ext 48 Col de Tol Housatonic. See NYNH&H 11 & Tex Cent. See So Pac Co 899/, Feb. 3 93 Apr. 6 82% 91% 94 94 92 1937 J J Hone Belt & Ter 1st 5s 95 May 17 95 May 17 833- Feb. 20 95 May 17 4,000 88 91% 95 89% Illinois Central-lst g 4s-1951 J J 1951 J J Registered 76% May 9 805% May 17 76% May 9 80% May 17 80 6,000 77% 1951J J 8031 1st gold 3%s 79% 76% 79% 1951 A 0 Extended 1st g 334s 81 Mar. 3 835% Mar. 20 1951 M let gold 38 sterling Jan. 18 833% 843% 833% 833% 83 May 31 843% May 6 80% Jan. 4 95 57,000 805% Sale Collateral trust gold 48.-1952 A 0 1952 A 0 Registered May 9 8831 May 2 82% Jan. 5 89 Apr. 25 87 Sale 855% 87 Sale 1955 M N 137,000 828 Sale 1st refunding 48 2 May 3 76% 78% 763% 77% 765% May 3 763% May 3 76% Feb. 3 78% Feb. 27 2,000, 7431 1952 J J Purchased lines 3%s 1 845% Apr. 805% May 18 825% May 8 77% 82% 813% Sale 82 1953 M N 110,000, 79 Sale Coll tr g 4s L N 0& T 1953 M N Registered 1, % 11023% May11 96 Jan. 4 1023 May 11 -year temp 5%s secured '34 J J 338,0001 97 Sale , 100% Sale 1015% 1013% 100 May 23 111 May 2 914 Jan. 20 111 Apr. 28 15 1936 J J 148,000 1065% 1065% 110% 111 110 Sale 109 May -year secured 63s 15 81 Feb. 8 81% Feb. 8 82% 833% 76 1950 J D Cairo Bridge gold 45 63 Feb. 28 673% Mar. 27 69 Litchfield Div 1st g 30_1951 J J 69% 77 May 13 77 May 13 735% Feb. 28 77 May 13 75% 77% 755% 1,000, 7184 74 Lou'v Div & Term g 3%8_1953 J J _._1953 J J Registered 1 67% May 9 67% May 9 66 Jan. 11 67% May 9 67% 67% 66 1951 F A 5,000 63 Omaha Div 1st g 3s 5 76% May 5 76% May 5 63% Jan. 10 76% May 9 6931 07% 1,000 63% Div & Term g 3s 1951 J J St Lou 763% Feb. 20 77 Feb. 70% 76% 1951 J J 76% Gold 33s .1951 J J Registered 77 77 69 7 Springf Div 1st g 338_1951 J J 82% May 17 85 May 24 82 Mar. 15 85 May 24 85 82% 85% 83 Lines 1st g 40_1951 F A 2,000 78 Western 1 1951 F A Registered 993( Apr. 24 9931 Apr. 24 99 99 1928 J D 06 Belle & Carond 1st 60 85% 85% 75 Carb & Shaw 1st 48 g.-1923 M S 10 1023% May 10 100 % 101 1025% 1013% May 11 1023% May 10 94 Feb. 4,000 98 Ch St L & N 0 gold 58_1951 J D 1951 J D Registered 74% 76 74% 1951 J D 72% Gold 3%s 1951 J D Registered 4 97 Apr. 25 95% 94% May 15 97 May 3 90% Jan. 12 82 May 6 1963 J D 110,000 89% 90% 94% 06 • 95 Joint 1st ref ser A 50 82 May 6 82 May 6 799-'s Apr. 80% 80% 83 1951 J D 4,000 76% ' Memphis Div 1st g 4s85% 84% 1931 M S 81% St L So 1st gu g 4s W See Cl C C & St L Ind BI 85 Feb. 1 86 Jan. 27 96% 84% 85% 1950 J J 76% Ind Ill AC Ia 1st gold 4s May 5 28 95% May 4 95% May 5 92 Mar. 23 95% Apr. 10 95% 93 1965 J J 2,000 85 Ind Union gen A: ref 5s A 9934 23 94% May 23 94% May 4,000 95% 97% 09% 99% 100% Sale 94% May Internat'l & Gt Nor-lst 78_1922 M N Iowa Central. See Minn & St L Tack Lane & Sag. See Mich Cen 27 85 Jan. 20 84% 85% 84 May 6 84 May 6 805% Jan. 84 3,000 76 *games F & Clear 1st 43_ _ _1952 J D If all All & G R. SeeLS &MS ' alb an tic Mich. See To & 0 C K C Ft S & M. SeeStL&SF K C & M Ry & B. See StIASF K C & Pacific. See MoA & T A 0 132,000 63X Sale 67 May 1 69% May 22 63 Jan. 4 6934 May 22 67 Sale 68% 69 1950 Kan City South 1st g 3s 1950 A 0 Registered Apr. 27 88% 87% 87% 87% May 11 8831 May 1 83 Mar. 7 89 Apr. 24 88 April 1950 .1 J 136,000 85 Sale Ref At Imp 58 84 83% Sale 82% 82% 81% May 12 8331 May 4 775% Feb. 17 1960 J J 174,000 80X Sale C Term 1st 48 Kansas Kentucky Central. See L & N Des M. Ses C R I P Keok F H 20 BONDS -STOCK EXCHANGE RECORD BONDS It•; t .2 •t t Sales in Price about May. Jan. 3 Par Value 1922. PRICES IN MAY. [VOL. 114. 11 RANGE SINCE JAN. 1. Lowest. 1 Highest. Knoxville & Ohio. See Sou Ry Lowest. Highest. Bid. Ask. Bid. ake E & W 1st gold 58____1937 J Ask.iBid Ask. Salo Prices. 36,000 85 Salo Prices, 87 Sale Prices. 91% 2d gold bs Sale Prices. 92% Sale 91% May 2 92% May 1941J J 13,000 77 Sale 82% North Ohio 1st gu g 5s__.i945 A 85% 88% 86 May 4 86% May 8 85 Jan. 4 92% May 8 6,000 664 70 9 77 L Sh & Mich So. See N Y Cent 0 71 • 4 723% 85 72% May 19 78 May 23 68 Jan. 3 863 Apr. 22 Jan. 24 78 May 23 Leh V (N 1st gu g 40_1940 J J 6,000 873% 92% 94% 95 Registered 1940J J 93% May 6 953% May 17 92% Mar.31 95% May 17 Leh V (Pa.) gen con g 4s......2003 M N 34,000 76% 80 83 Gen consol 438 84 82 Sale 2003 M N 81 May 25 84 May 8, 77% 24,000 85 86 91 Feb. 6 90 Apr. 19 Leh V Ter Ry 1st gu g 85_1941 A 0 92 89% 91 90% May 16 92 May 21 85 Jan. 2,000 98 99% 100% Registered 101% 1941A 0 101% May 22 102 May 10 98% Jan. 4 923% Mar. 30 Lehigh Vail RR coil tr 6s 21 102 May 10 1928 101,000 101% Sale 103 Leh V Coal Co lst gu g 5s..-1933 Sale 102% 102% 102% May 31 103 May 1 100% Jan. 27 103 Apr. 96% 100 Registered 100 101% 17 1933 J J 96% Jan. 19 99% Apr. 11 First int reduced to 4s 1933 J J 85% 86 Leh & N Y-lst gu g 46--..1945M S 90% 75% 84 81% 85 Registered 82% 86 M S Leh dr Hud R. See Cent of N J 833% Apr. 28 833% Apr. 28 Little Miami gen 4$ ser A__1962 72% 79% Long Dock. See Erie. 80% Long Isl 1st con g bsJuly 1931 Q J 1,000 91% 97 1st cons. gold 48____July 1931 Q J 98% 97 98% 91% May 3 91% May 3 91% 84% 88 May 3 98 Jan. 18 Gen gold 45 89% 1938J D 17,000 73 83% Ferry gold 4%8 82% 1922 M 83% May 9 83% May 8 77 Jan. 97% 99% Gold 48 10 835 May 8 1932 J D 5,000 81$ 993% Feb. 82 Unified gold 45 82% 1949 M S 82 May 24 82% May 24 82% May 16 993 Feb. 16 2,000 71 Deb gold bs 7.:6% May 78% 89 1934 J D 4,000 83 78% May 13 78% May 13 733% Feb. 24 82 May 24 90% 91% 90% 94% 823 May 2 78 20 -year temp deb 55 13 1937 M N 80,000 63 12 82% May 12 % 77 80% Sale 81% 82 Guar ref gold 45 1949 M S 80% May 1 84% May 8 82% May 12 91 Apr. 12 88,000 73% 78% Sale 78% Sale 73% Mar. 13 84 May 8 NYBdr1V1Bcong 8s1935A 0 783 May 29 79 May 13 72 Jan. 7 79 Apr. 85% 00% N Y & Ro Bch 1st g 5s1927 M S 29 95% 88 95 N Sh Bch lat con gu 89 Oct '32 Q J 95 10,000 81% 91% Louisiana & Ark 1st bs 92% 1927 M S 92 May 11 92% May 11 1 11,0001 78 80 89 893% Loulsv & Nashv-Gold 8s 1937 M N 94 89% 90 895 May 24 90 May 3 78 Jan. 26 92% May 1/ 9,000, 97% 3 90 Unified gold 4.0 101% 1940J J 171,000 88% Sale 100 May 8102%May 23 803% Jan. 28102 Mar. 6 Apr. 91% Sale 90% 90% 102 May 16 Registered May 1940J J 90 5,0001 9134 May 6 87% Jan. b 92 % Apr.. 23 Coll trust gold be 1 88% 1931 M N 88% May 20 88% May 20 88% May 16,0001 95 98 -year secured 75 10 97 1930 M N 98 May 25 983% May 24 953% Feb. 20 88% May 20 91,0001 105% 106% 108 114 18 99% Mar. 2 1st & ref ser A 5%5 107% 108% 107 May 4 108% May 2003 A 0 626,000 102 Sale 2 106% Feb. 26 109 Jan. 17 Louis Cin dr Lex g 4%s....1931 M N 103% Sale 102% May 11 103% May 27,0001 90% 98% 96% 12 1003 Mar. 7 104 Apr. 27 4 N 0 & M 1st g 65 96% 1930J J 973% May 18 97% 1,0001 101 104% 107 103% 104% 103% May 25 103% May 2 943% Jan. 30 973% Apr. 27 2d g 6s 1930J J May 25 102% Feb. 27 103% Mar. 25 93% 98 3 99% 101% 99% 101 Pad & Mem Div 45 1946F A 3,000, 78% 84% 893% Apr. 6 893% Apr. 6 St Louis Div 2d gold 3s_ _1980 M S 84 I 19,0001 58 59% 131% Sale 61% 80 Jan. 16 81 Feb. lb Atl Knox dr Cin Div g 46_1955 M N 61% 61% May 10 61% May 1 22,000; 79 83% 85% Sale 853% 86 58 Jan. Atl Knox & No 1st g bs 1946 J D 84% May 26 87 May 24 79% Jan. 11 62 Mar. 23 '7,000 94 3 99 98% • Hend'son Bdge 1st sf 68 g 1931 M S 99% 004 May 16, 99% May 16 98% Apr. 10 87 May 24 101 101 20 99% May 6 Kentucky Central g 48_ 1987 J J 101% 3,0001 80% ! , 1 81 Lex & E 1st 50-yr bs gu....1965 A 0 83 ' 84 83 May 23 83 May 13,0001 93 % 5 9758 L dr N Mob dr M 1st g 4401945 M S 98% 9978 98% May 5 99% May 23 79 Feb. 6 843 Mar. 29 % 15,000 86% 26 93 92 93 L & N-Sou Mon joint 45....1952 J J 92 May 17, 93% May 19 923% Jan. 9 100 Apr. 28 23,000 74 Sale May 17 93% May 19 78% Registered 80 July 1952 Q J 80 May 80% May 17, 74 Jan. 3 80% May 17 N Fl & Shef 1st gu g 5s ...1937 F 191 4,000 91 1 94 78% 101 Npt dr Cin B gen gu g 4%s 1945 J A 100% May 10 101 May 24 100 J 81 May 10 101 May 24 94 90 & N Ala con gu g 58_ __ _1936 F A 3,000, 94% 100 100% 102 865 Mar.31 89 Apr. 11 101 102 Gen cons gu 50-yr 5L....1963 A / May 19,000, 93% 98 / 97% Sale 97% 98% 1013 May 3 1013 May 3 96 Apr. b 102 Apr. 29 Lou & Jeff Bdge gu g 4s.. _1945 M 0 97% 1, 993, May 4,000' 76 80% Mahoning Coal. See LS&MSo 81% 82% 81% May 24 82% May 10 953% Feb. 14 99% May 10 16, 77 Jan. 9 82% May 16 Ilmanito B W Coloniz g be 1934 J D 86% 89% 04% Sale 94% 96 Manila RR-Sou lines 4s_ __1939 M N 94% May 1 96 May 261 903% Jan. 47% 62% 64% 40 31 96 May 26 McK'pt&BVem. SeeNYC&HR 62 59 Apr. 8 64% Apr. 15 Mex Internat 1st cons g 4s__1977 M S 10 25 30 Stamped guaranteed 30 1977 Michigan Central. SeeNYCent M S M L S & West. SeeChic&NW & North. See Ch M & St P Minn & St. L 1st gold 78_1927 J D 100 103% 104% 103% 104% 1st cons gold bs 1934 M N 60,000 71% 72 101 80% Sale 81% 83 1st & refund gold 48 79 May 19 82% May 27 69% Jan. 31 103 Apr, 21 1949 M S 375,000 33% 35 Feb. 1 82 Apr. 27 49% Sale 47% Sale 1st & ref 5s Series A 1962 Q 140,000 32% 50 Sale 48 Sale 45% May 20 50 May 1 31 Jan. 28 50 Apr. 27 Des M & Ft D 1st gu g 48_1935 J F 45 May 18 50 May 2 30 Jan. 27,000 J 40 55% Sale 58 31 50 Apr. 28 Iowa Cent 1st gold 55.. 603 55% May 1 62 May 23 1938 J D • 46,000 73% 74 80% 81% Refunding gold 4s 8338 80 May 15 83% May 29 36 Feb. 1 62 May 23 1951 M S 209,000 32% 34% 48% Sale 82 69 Feb. 8 83% May 29 Minn dr St L gu. SeeBCR&N 47 Sale 46% May 11 49 'May 3 32 Jan. 18 503% Apr. 26. id St P & SSM con gold 48 stpd payment of int guar 1938 J J 148,000 86% Sale 89% 90 87% 88% 87% May 11 90 May 1st cons bs 1938 97,000 95% 97 100 101 2 855 Jan. 7 90% Apr. 15 10-yr coil tr g 6%s 99 99% 99% May 13 100% 1931 424,000 101% Sale 102% Sale 102% Sale 102 May 9 102% May 6 983% Feb. 21 100% Apr. 24 M St P & SSM & Cent Term May 1 1003% Jan. 4 103 Apr. 20 1st Chic Term s f 48_1941 M N 85 86% 88% M EISM & Atl 1st gold 48 stpd payment of hit guar_ 1926 J J 21,000 94% 963% Sale 95% 97 Minneap Un. See St P M & N 96% May 1 97 May 10 94% Jan. 6 97 May 10. Mississippi Cent 1st bs 1949,3 J 20,000 81 853% 86 Mo Kan & Okla. See M K & TI 85% May 11 88% May 17 823% Feb. 16 88% May 17 Mo Kan & Tex-lst g 4s__ _1990'J D 423,000 70 ' Sale 82% Sale 2d gold 48 80% May 11 82% May 1 June 1990 F A 16,000 59 Sale 66% Sale 66 70 Trust Co ctfs of deposit__ __ 66% May 1 68% May 2 74 Jan. 3 833% Apr. 25 10,000, 593% 603.( 67 1st extension gold 58......_1944 M N 67% May 1 67% May 1 48 Jan. 6 68% May 2 3,000 36% 38 48 Jan. 54 1st & refund mtge 45_2004 M S 55% May 11 55% May 1 35 Jan. 5 68 Apr. 25 74 Sale 4 553 May 1 86 / 90 85 89. General f 4%8 19361J J 73 Jan. 6 86% Apr. 26 Trust Co ctfs of deposit.._ 5,000 533% Sale 68 72 68 71% 67 May 11 68 May 22 St Lou div 1st ref g 4s__2001,A 0 6,000 263 32 % 3 -year _b% notes extd tr rects'_ _ _ _ 58 May 11 58 May 11 523% Jan. 5 68 May 22 5,000 498 Sale 27 77 81 Dal & Wa 1st gu g 13s 74 May 12 76 May 11 58% Jan. 4 58 May 11 1940 M N 6,0001 77 90% 95 90% Kan C & Pao 1st g 4s 90 May 2 90% May 2 80 Jan. 4 77 Apr. 24 1990,F A 70 Jan. 12 90% May 2 78% 76% Mo K & E 1st gu g 58_ 1942IA 60 91 Sale 703% Jan. 3 71% Jan. 19 Mo K & Ok 1st gu 5s19421M 0 N 8,0001 793% Sale 77 Jan. 9 83 Mar. 2 88% 88%' MK & T of T lat gu g 50_1942,M S 8 May 11 88% May 11 783% Jan, 3,000 78 79 84 ElherShrev & So 1st gu g 55 '43'J D 91 May 22 91% May 22 77 Jan. 6 88% May 11 10% 7 013% May 22 16 22 Tex & Okla 1st gu g 581943M 3,0001 173% 26 34 39 35 40 Mo Kan & Tex Rg (new co) 34% May 11 36% May 19 25 Feb. 27 36% May 19 Prior lien 58,series A 1962 J J 506,0001 77% Sale 84 Sale 84 Sale 82 May 11 40 -year 4s series B 1962 J J 115,000 64 84% May 1 76% Jan. 3 85 Apr. 15 72 70% Sale 78% 79 10 -year es series C 68 May 17 703% May 1 62 Jan. 20 1932 J J 560,000 90% Sale 70 Apr. 22 96% Sale 95% 96 Cum adjust 58 series A May 1967 J J 3,659,000 44% Sale 58% Sale 57% Sale 95% May 29 969/ May 1 89 Jan. 4 97 Apr. 17 Missouri Pacific (new co) 55% 11 58% May 1 433% Jan. 4 503% Apr. 17 1st & refund 58 Ser A 1965 F' A 244,0001 84% 88 88% 87% 88 tat & ref 58 Ser B___Jan 1923 F A 170,000 97% 86 87% May Sale 100 100% 100 Sale 100 May 18 88% May 2 84 Jan. 7 90 Mar. 11 1st dr refund Ss Ser C 1926 F A 99,000 90 92% 96% Sale 95% 96% 96 May 2 100% May 18 78 Feb. 1 100% May 18 General 48 6 1975 M 1,412,000 60% Sale 65 Sale 64 Sale 63% May 12 100 May 15 90 Jan. 6 100 May 15 Missouri Pacific 40 -year 48....1945 M S 67% May 3 59% Jan. b 68% Apr. 20 3d 78 ext at 4% 1938 M N 3,000 75% 78% 79% 83 80 83 Cent Br Un Pac 1st g 4s 1948 J D 80 May 17 82 May 10 76% Jan. 21 5,000 68 70 74% 74% Pac RR of M 1st ext g 48_1938 F A 74% May 3 74% May 3 74 Mar. 14 82 May 10 74% May 3 845 86 4 75 847 87% 2d extended gold 13s 1938 J J 3,000 88 96 96% 97 98% 96 May 5 96 May 5 833% Mar. 10 86 Mar. 21 St Louis Iron Mt & South 91% Feb. 28 97% Apr. 3 Gen con ry & ld g 58_1931 A 0 143,000 94% 95 97% Sale 97% 97% 97% May 26 Gen con stpd gu g 88 99% May b 94% Jan. 6 995 May b 1931 A 0 / Unit & ref gold 4s 1929 J J 143,000 80 Sale 98% Apr. 29 989 Apr. 29 88 Sale 87% 87% 85% May 9 RI,& Gulf Div 1st g 4s 1933 M N 318,000 76% Sale 88 May 2 787 Jan. b 89 Apr. 17 83 Sale 82 Sale 81% May 13 Verdigris VI&W 1st g 58_1926 M 83 May 1 753% Jan 90 4 833% Apr. 28 93% 93% Mobile & Birm. Bee South Ry. 90% Feb. 18 93 Mar. 15 Mobile & Ohio new g 6s 1927 J D 12,000 1011 104 104 Sale 103% Sale 1034 May 31 1st extension g 6s___July 1927 Q J 21,000 98 97% 98% 100 100% 64 May 8 105 May 17 101 Feb. 1 105 May 17 General gold 4s 100 May 26 9778 Apr. 1 11,000 67 1938 M S Montgom Div 1st g 5s 73 May 17 76 May b 673% Jan. 26 100 May 26 1947 F A 8258 92% May 92% St Louis Divison Ss 1927 3 D 2,000 81% Sale . 2 86 79 1 91 92% 91% May 11 91% May 11 86% Feb. 1 01 hi ay 15 St L & Cairo gu g 4e 1931J J 28,000 87 Jan. 87% 86 May 87 88 89 87 May 5 90 May 8 87% Jan. 4 Collat rust 4s. See Southern 81 4 90 May 8 .41 Y STOCK EXCHANGE May 1. I May 31. JUNE, 1922.] BONDS 111 Y STOCK EXCHANGE 21 -STOCK EXCHANGE RECORD BONDS Sales in Price about May. Jan. 3 1922, Par Value Bid. RANGE SINCE JAN. 1. PRICES IN MAY. May 1. Ask. Bid. May 31. Ask. Bid. Ask. Lowest. Highest. Sale Prices. Sale Prices. Lowest. 1 Highest. Sale Prices. I Sale Prices. Mohawk & Mal. SeeNY C&H Montana Cent. See St P M & M Morgan's La & T. See So Pac Co Morris & Essex. See D L & W 9,000 97 100 105 1003% 10034 100 May 6 10034 May 23 97 Jan. 4 10334 Apr. 5 98 'Mashy Chatt & St L 1st 55 1928 A 0 100 Apr. 3 100 Apr. 3 100 100% , a Jasper Brch 1st gold 65_1923 J J Nash Flor & Shot. See Lou & N 32,0001 2234 23 38 May 17 40% May 2 2134 Jan. 3 42 Apr. 17 3934 4134 4034 43 pr lien 4%5_1957 J J Nat Rys Mex 2934 Feb. 21 2934 Feb. 21 2734 305% 4234 3034 Guaranteed general 4s___1977 A 0 J 2,0001 28 Sale 45 May 10 45 May 10 253-4 Feb. 8 45 May 10 33 Nat of Mex pr lien g 4345___1926 J 0 24 33% May 24 2134 Feb. 7 337% May 24 1,000 17% 19% 1951 A 33% May 25 1st consol gold 45 Y& Derby. SeeNYNH& N J Junc'n RR. See N Y Cent Newp't & Cin B'ge. See Lou & N 2 2 1 045, N East-Ref & imp 434s_ J J 154,000 82 84 83% Sale 83% 84 8331 May 12 86 May 29 79 Feb. 25 86 May 29 80 May 92,000 70% 71% 78% Sale 7034 Jan. 10 80 May 7634 May 79% 80 New Orleans Term 1st 45_ 1953 J J May 11 100 May 15 9554 Jan. 3 101 Apr. 4 D 81,000 96 Sale 99% 99% 100% 9994 0 Tex & Mex 1st Ser A 65_1925 J May 22 6234 Jan. 17 72 Apr. 24' 70% 70% 69 May 11 71 70 Sale Non-cum income ser A 55_1935 A 0 497,000 03% 65 N Y B & Man Beach. SeeLIeld MN 1,330,000 98% Salo 103% Sale 103% Sale 10134 May 10 10334 May 2 98 Jan. 4 10434 Apr. 13 Cent RR cony deb 651935 NY 1930 M S 342,000 106% Sale 106% Sale 105% Sale 105 May 26 107 May 2 105 May 26 108 Mar. 21 -year coil tr 75 10 84 % 83 84% Sale 1998 F A 165,000 79 Sale 8231 May 17 847 May 1 7834 Mar. 7 84% May 1 Consol Series A 45 86% 87% 8534 May 17 9034 May 4 853% Jan. 31 90% May 1 2013A 0 147,000 86% Sale 88 Sale Ref & impt 4345 A 95% Sale 95 May 11 9634 May 1 9431 Apr. 5 96% May 1 2013 ---- 5,057,000 5s Ref & imp N Y Central & Hudson River 5 77% Sale 141,000 74% Sale 77% Sale 7634 May 25 77% May 1 743-4 Jan. 3 78 Jan. 14 Gold mortgage 3345 72 May 5 7634 May 12 75 Jan. 19 76% Apr. 8 76% 5,000 76% 77 97 J J 199 j j Registered Apr. 22 88% 89% 8834 May 8 905% May 1 84 Jan. 5 91 90% Sale 1934 M N 287,000I 84% Sale Debenture gold 45 89 May 2 89 May 2 83 Jan. 10 8934 Apr. 15 90 48,0001 77% 86% 89 1942 J J 80 -year debenture 45 30 73 May 2 75 May 13 6931 Jan. 4 76 Mar. 29 96,000, 70% Sale 72% 74 73% 74 g 3348_ _1998 F A Lake Shore coil 70% 6,000 70% 1998 F A Registered 73 May 1 7434 May 6 7131 Feb. 11 74% May 6 75% 73% 35,000 70 73 1998 F A Mich Cent coil g 330 72 May 23 72 May 23 72 May 23 745% Jan. 27 70% 74 1,000 71 1998 F A Registered 84% Jan. 3 88 Mar. 21 88% 88% 1936 84% Creek 1st gu 4s Beech J 1936,J Registered 80 80% 78% 19364 J 2d guar gold 51 70 79% 65% 66 Bch Cr ex 1st gu g 330 Feb '51IA 0 82% Mar. 8 82% Mar. 8 8431 82 8031 19814 D 80 Cart & Ad 1st gu g 45 97% D 89% 82% Gouv & 0 1st gu g 55_ -19421J 95% 95% 89% Kal A & G R 1st gu c 5s 1938 J J 29,000 76M, 79% 8034 8134 78% 7931 78% May 24 8034 May 18 76% Feb. 4 80% May 18 1997,J D Lake Sh & M S g 3Me 7 74% May 5 7934 May 4 77 Apr. 5 79% May 4 77 79 3,000 19971 J D Registered 5 5 1928 M S 171,000 894 Sale 9434 9431 9434 94,4 93% May 12 943% May 31 895% Jan. 3 9534 Apr. 26 Debenture gold 4s 915% May 111 927% May 6 8834 Jan. 3 9334 Apr. 22 9234 9334 9234 Sale 1931,M N 244,000 895% Sale -year gold 4s 25 19311M N Registered 8234 Jan. 27 8236 Jan. 27 77 8334 84% 83% 1991 M S Moh & Mal 1st gu g 4s 96 Mar. 14 96 Mar. 14 97% 97% 90% 1934 J J Mahon Coal RR 1st 55 97% 97% 9434 1931 M S 55 Michigan Central 1931 Q M Registered 823% Jan. 5 8734 Apr. 20 87% 89 87% 1940J J 1,000 82 45 70% Apr. 7 7031 Apr. 7 81% 79 73 Sale 86 1951 M S Jack L & gold 3345 8031 May 22 80% May 23 7694 Jan. 13 8034 May 23 78 80% 76 N 28,000 1952 M 1st gold 3345 20 91 May 3 86% Jan. 9 9194 Apr. 27 88% May 90% Sale 90% 91 46,0001 8534 86 1929 A 0 -year debenture 45 20 76% 76% 1986 F A 7254 N J June R gu 1st 45 78% 79% 78% May 16 78% May 16 78% May 16 78% May 16 77% 80 3,000/ 74% 2000 M N N Y & Harlem g 3345 2000 M N Registered 98% 99% 97% 95% N Y & North 1st g 55_ _ _1928 A 0 82% 83% 83% May 17 84% May 9 77% Jan. 4 84% May 9 84 15,000 77% N Y & Put let con gu g 48_1998 A 0 107 109% 108 101% Pine Creek reg guar 65_ _1932 J D 99% May 3 99% May 3 9934 Mar. 13 9934 Feb. 17 99% 99% A 0 8,000 99% R W & 0con 1st 5s__July 1922 83 May 24 83 May 24 78 Jan. 5 83 Jan. 31 79 70% 1,000 71% 75 Rutland 1st cons g 4345_ _1941 J J 66 Jan. 30 715% Apr. 18 70 81% 75 J J 65 Og & L Ch 1st gu g 45 1948 75 75 72 72 58 Rutl-Can 1st gu g 45_ _1949 J J 89% May 17 8934 May 17 89% May 17 89% May 17 8834 88 55_1996 J J 1,000 8534 St Lawr & Adir 1st g 91% 1996 A 0 9351 2d gold 65 9934 Jan. 10 9934 Jan. 18 99% 1922J J 99% 9834 Utica & B1 Riv gu g 4s 97 Mar. 99 97 Mar. 29 97% 97% Pitts & L E-2d g 55_ _Jan 1028 A 0 . 105% 106 102% McK & Y 1st gu 65_1932 J J Pitts 1934 J J 99% 99 9931 2d guar 65 84% 8131 May 10 85 May 26 78 Jan. 3 85 May 26 82 83 Sale 73,000 79% Sale West Shore 1st 45 guar-2361 J J 80% 80 May 5 80% May 26 7658 Jan. 5 80% May 26 2361 J J 80 80 6,000 77 Sale Registered 7754 Feb. 8 78 Feb. 4 99% N Y C Lines equip 55_......1922 M N 87 86% May 11 89 May 4 84 Jan. 6 89 May 4 88% 88 27,000 84 N Y Chic & S tL 1st g 45.-1937 A 0 84% 84 May 8 86 May 2 80 Jan. 4 86 May 2 1931 M N 84 85% Sale 29,000 81 Sale -year debenture 45 25 89 May 4 89 May 4 81% Jan. 5 89 May 4 86% 89 88% 6,000 83 Sale N Y Connect 1st gu 4345 A_1953 F A N Y & Greenwood L. See Erie NY&Har. SeeNYC&HR N Y Lack & West. See D L & W N Y L Erie & West. See Erie N Y & Long Bch. See Cent N J N Y New Haven & Hartford 1947 M 3 52 May 2 5534 May 3 60% May 4 62 May 3 S 64,000 1 52% 61% 57% 65 Non-cony 4s 42 5134 Sale 6034 May 4 62 May 3 38% Jan. 9 55% May 3 7,000 39 5234 53 Non-cony debenture 3345 1054 A 0 May 3 1947 M S 53 Sale 5,000 5334 5494 525% May 2 54 May 3 42 Apr. 10 54 Apr. 25 Non-cony deben 3%s 5734 5831 57 May 1 59 May 1 405% Jan. 31 6034 56,000 4034 41% 57 Sale Non-cony debenture 45...1955 J J 5 41 Jan. 5 60 Apr. 21 5 58 May 2 59% May 56% 59% 57% 59 28,000 4134 Sale Non-cony debenture 45_1956 M N 5131 May 5 53% May 24 37% Jan. 3 53% May 24 % 523 Sale 52 Sale 33,000 38 Sale Convertible deben 3345_1956 J J 8131 827% 80 May 11 8434 May 22 57 Jan. 5 85 Apr. 25 83% Sale Convertible deben 65_ __ _1948 J J 398,000 58 Sale F A Consol Ry non-cony 45_ _1930 May 1 52% May 23 44 Feb. 15 5551 Apr. 20 51 52 1954 J J 51 Sale 2,000 Non-cony deben 45 1957 M N 208,000 5531. 525% May 3 58 May 11 31 Jan. 3 58 May 11 54% 55 54 Debenture 49 40 75% 7734 May 25 80 May 26 71 Jan. 4 80 May 26 6,000 7734 Harlem& R Pt Ches 1st 45 1954 M N 73 69 May 1 69 May 1 59 Jan. 11 70 Apr. 6 69 Sale 1,000 55 B & N Y Air Line lst 45_1955 F A 66% 67% 6634 665% 655% May 23 68% May 5 51% Jan. 5 68% May 5 75,000 51% 56 Cent N E 1st guar 45-1961 J J • 82% 8231 80 Housaton RR con g 55_1937 M N 72% 72 60 N Y Prov & Bos gen 45___1942 A 0 56% Sale J J 1,097,000 3334 Sale 56% Sale 545-4 May 5 59 May 10 33 Jan. 3 5934 Apr. 24 NY W'ches & B 1st 4545_1946 75% 67% RR cons 45_....1945 J J New Eng 5334 47 May 8 54% May 11 26 Jan. 13 54% May 11 M S 11,000 26 45 41% Providence Sec deb 45_1957 Prov & Spring! 1st 55__ _1922 J J 71% Providence Term 1st 45._1956 M S N Y & Northern. See N Y Cent 76 73% May 25 77 May 1 69 Jan. 5 77 Apr. 25 1092 M 75 68 76% Sale 35,000 679 N Y Ont & W 1st g 45_June 66 62 Reg $5.000 Only......June 1992 M S 68% May 1 70 May 2 673% Feb. 25 7034 Apr. 20 1055 J D 68 Sale 6158 63% 68% Sale 39,000 General 45 N Y & Putnam. See N YC &FT N Y & Rock Beach. See Long Is N Y Susq & Western. See Erie 67 May 11 69 May 3 50 Jan. 3 70 Apr. 18 6931 69% 67% 68 42,000 50 Sale Norfolk Sou 1st & ref A 5s 1061 F A 88 May 13 8834 May 17 79% Jan. 4 887% Apr. 11 90 87% 24,000 79% Sale Norfolk & South 1st g 55_1941 M N 106 Jan. 5 1077% Apr. 4 107 108% 108 105% 106 & West gen g 65_ __ _1931 M N Norfolk 106 Jan. 9 106 Jan. 9 A 108% 104 Sale 10834 Improvem't & ext g 65..._1934 F 10431 Feb. 24 10531 Mar. 7 10334 Sale 107% 108% 107% River 1st gold 65_ _ 1932 A 0 New 86% May 26 89 May 1'84 Mar. 9 8931 Apr. 24 87% 88 89 Sale Nor & W Ry 1st con g 45 1996A 0 213,000 86% 81% 1996 A 0 Registered 88 J 87% 86 May 11 86 May 11 83% Jan. 3 86 Jan. 24 1944J 10.000 83% 83% Div 1st dr gong 45 80 Feb. 8 80 Feb. 8 1932 J D 88 75 -25 10 -year cony 45 8834 Apr. 25 8834 Apr. 25 S 1932 M 100 90 -20 10 -year cony 45 92% Mar. 2 106 Apr. 7 100% 1938 M S 100% 905 Convertible 43-45 May 3 10331 Jan. 3 110 Apr. 26 May 17 109 -year convertible 6s 1929 _ _ _ _ 325,000 10334 Sale 108% Sale 108 10834 1075% 10 19413 D 86% 863-4 873% 853% May 16 88% May 23 84 Jan. 4 88% May 23 20,000 84 92 85 Foca C & joint 45 May 4 863% 8734 87 May 4 87 May 4 83% Jan. 9 87 8,000 82% 84% 86% 88 Belo N & E 1st gu g 45_ _ 1989 M N Ohio. See L Erie & W Northern J 371,000 85 Sale 87% Sale 863-4 Sale 86 May 16 89 May 2 84 Feb. 1 89 May 2 North Pacific-Prior 48___ _1997 Q 84 Jan. 9 84 Jan. 9 825% 1997 Q J 825-i 8631 8431 863% Registered 1 64 Apr. 15 62 Sale 14 6134 May 31 635% May 2 60 Feb General l len gold 35__Jan 2047 Q F 233,000 6034 605% 637 Sale 605% Feb. 27 6034 Feb. 27 62 Jan 2047 Q F Eaglbtated 22 BONDS N Y STOCK EXCHANGE BONDS -STOCK EXCHANGE RECORD Sales in Price about May. Jan. 3 Par Value 1922. [VOL. 114. PRICES IN MAY. May 1. May 31. RANGE SINCE JAN. I. Lowest. Highest. Lowest. Highest. North Pacific (Concluded.) Bid. Ask. Bid. Ask.'Bid. Ask. Sale Prices. Sale Prices. Ref & imp 4%s serA____2047 J J Sale Prices. Sale Prices. 25,000 86 87% 877% 88% 863.4 883 86% May 19 % Ref & impt 6s, Series B__2047 J J 798,000 106% Sale 8894 May 23 86 Jan. 4, 9031 Jan. 19 106% Sale 1053% 1053% 1053% May 17 109 May 3 St Paul-Dul Div g 4s____1996 J D 10434 Apr. 8 110 Jan. 17 1,000 95% 84% 85% 843% May 10 843% May 10 793% Mar. 10 843% May 10 N P-Gt Nor joint cony 63s'36 J J 6,696,000 106% Sale 1 Sale 1055 Sale 1053% May 25 1063% May 3 104 Apr. 7,109 Jan. 14 % St P & No Pac gen g 6s__1928 F A 1,000 100 100% 063.1 100% 1003% May 23 1003% May 23 1003/ Fob. 3'110 Jan. 9 St Paul dc Duluth 1st 58_ A931 F A 2,000 94 100 Sale 100 May 31 100 May 31 993. Mar. 25 100 May 31 993% let consol gold 4s 1968 36,000 75% 82% 85% 86 May 13 86 May 13 823% Apr. 5 86 May 13 Wash Cent Ry 1st g 4s 1948 Q M 2,000 78% 80 8434 8534 84 85 8551 May 41 853j May 4 813% Feb. 10 853% May 4 Nor P Ter Co lot g 63 1933 J J 107% 107% 108 North Wiscon. See C St P M&O 107 Mar. 25 1083% Mar. 28 Ogd & L Champ. See Rutland hio Ind & W. See CCC&StL Oregon & Cal. See Sou Pac Co Ore RR & Nay. See Union Pac Oregon-Wash let & ref 4s_ 1961 J J 841,000 77% Sale 813% Sale 81% Sale St May 11 82 May 1 77 Jan. 5 82 Jan. 14 Oswego & Rome. See N Y Cent actflc Coast Co lot g 5s_ _1946 J D 61,000 75 80 78 80 80 78 May 2 81 May 4 75 Jan. 4 81 acific of Missouri. See Mo Pac May 4 Paducah & Ills let s f 4%s 1955 J J 83 90 92 Paris-Lyons-Nled RR 6s_ _ _ _1958 __ _ _ 2,644,000 90 Mar. 29 90 Mar. 29 83% 84 82% 82% 82% May 29 82% May 29 82 May 23 85 Apr. 13 Penn RR let 45 real est g 1923 M N 1,000 96% 97% 98% 98% 98% 98% May 6 98% May 6 963% Jan. 18 98% May 6 Consol gold 4s 1943 M N 2,000 86 89% 95 89 Sale 89 May 1 91% May 8 873% Jan. 18 91 Consol gold 45 May 8 1948 M N 10,000 85% 89% 90% 91% 90% May 20 91% May 4 85% Jan. 4 91% May 4 Consol 4jis 19601F A 133,000 93 Sale 97 Sale 95% Sale 95% May 15 98% May 10 92% Jan. 5 98% May 10 General Ois 1965 J 546,000 86% Sale 90% Sale 90% Sale 89% May 16 91% May 4 85% Jan. 5 91% May 4 General 58 1968 J D 695,000 94 Sale 997/s Sale 99% 98% May 10 100 May 1 93% Jan. 4 1003% Apr. 25 10 -year secured 7s 1930 A 0 358,000 106 Sale 107% Sale 108 Sale 109 1073% May 17 109% May 8 1053% Jan. 5 1093% Mar. 6 15 -year secured Ois 1936 F A 611,000 104% Sale l08 8 Sale 109% Sale 108% May / 1 110 May 1 1033% Jan. 5 110 May 1 Alle Val gen gu g 48 1942M S 7,000 82% 88% 88% 90 86 Jan. 19 873% Mar. 21 Del tiv RR Bdg 1st gu g 4s'36 F A 1,000 82% 8764 86% 87 May 9 87 May 9 87 May 9 87 May 9 Pennsylvania CoGu 3%s coil tr rag ctfs 1937 M S 72% 80% 77% Gu 3s coil tr ctfs B 1941 F A 72% Sale 78% 81 80% 7214 Jan. 3 703 Apr. 11 Gu g 3%s tr ctfs Ser C1942 J D 72% 80 Gu g 3%s tr ctfs Ser D 763% Mar. 31 76 Mar. 31 1944 J D 72 75% 79% 82 Guar gold 15 -year 4s .A931 A 0 -25 16,000 8468 86% 9031 903% 91 893% May 10 92% May 19 8464 Jan. 5 92% May 19 40-yr gu tr ctfs 4s Ser E 1952 M N 4,000 79 82 833% 85 843% 83% May 8 83% May 8 82 Jan. 19 8854 Mar. 23 Cin L & N 1st con gu g 4E3_1942 M N 5,000 74 933% 863% 863% May 2 86% May 2 80% Feb. 9 8678 May 2 Clay & Mar 1st gu 4%8-1935 M N 87% 91 90% 91 Clay & Pitts gu g 4%s A 1942 J .1 95 94% 94% Series B 4%s 1942 A 0 95 94% 94% Int reduced to 3%% 1942 A 0 76 77% Series C 33s 1948 M N 76 78% 78% Series D 3%s 1950 F A 76 78% 713% Erie & P gen gu g 350 B_1940 J J 76% 81% 81% Series C 1940 J J 76% 79% 79% Or R Jr I ex 1st gu g 4%s_19411J J 2,000 84% 88 88% 91 May 18 91 893% May 18 91 May 18 May 18 91 Ohio Connect 1st gu 4s 1943 M S 75% 82% 81% Pitts Y & Ash let con 5s 19271M N 89% 9534 100 933% 100 TolW V &0 1st gu 4%s A19314 J 2,000 86% 923% 94 May 18 94 923% May 18 92% Apr 18 94 May 18 Series B 4%s 19331J J 86% 92 91% 94 Series C 4$ 19421M S 75% 79% 79% P C C& StL gu g 4%s Ser A'401A 0 18,000 88% Sale 94 May 17 94 May 17 88% Jan. 3 94 Apr. 22 933.4 9431 95 Series B guar 19421A 0 88% 933% 9451 Sale 88% Jan. 18 937% Apr. 25 Series C guar 1942 M N 88% 93% 99 93% 893% Mar. 18 913% Apr. 11 Series D 4s guar 1945 M N 82% 88% 87% 843% Feb. 24 91% Mar. 9 Series E 33s guar gn 1949 F A 1,000 80 863% 893% May 29 89% May 29 89% May 29 89% May 29 833% Series F cous 4s gu g 1953 J D 82 87% 90 89% 84 Jan. 19 84 Jan. 19 Series GI cons 45 guar_ 1957 M N 82 87% 87% Series H cons 4s gu 1960 F A 81% 88 87% Series I cons 4%s gu....1963 F A 87% 93% 93% 8934 Feb. 18 8934 Feb. 18 Gen5sserA 1970J D 45,000 91% Sale 5 963 97% 97 Sale % 963 May 25 97% May 22 90 Jan. 4 98 Apr. 24 % Ch St L dr P cons g 55_ 1932 A 0 12,000 96% 99 100 1003% 993% May 5 100% May 4 99% May 5 100% May 4 Phila. Ball & W 1st g 4s_1943 M N 3,000 85% 87% 913% 91 913% May 11 92 May 5 91 Feb. 16 92 May 5 Sod Bay & So 1st g 5s19241J J 87% 91% 91 Sunbury & Lewis 1st g 48_1936J J 5,000 92 92 May 17 92 May 17 92 May 17 92 May 17 903% N S RR dc Can Co gen 4s'44'M 88%, 88% Pensacola & Atl. See Lou & N Poor & East. SeeCCCdt St L Pere Marq-lst ser A 5s 143,000 88% Sale 1950 Sale 95 96% 95 May 15 98 May 1 883.4 Jan. 3 08 Apr. 29 98 let ser B 4s 23,000 76 Sale 1956 81 81% 82 83% 80% May 5 82 May 19 753.4 Mar. 1 82 May 19 Philippine Ry 1st 30-yr s f 4s 1937.i96,000 40% 42% 55 Sale 55 Sale 55 May 1 56% May 4 413-4 Jan. 30 50 Apr. 19 Pine Creek. Se eN Y Central Pitts C C & St L. See Penn Co Pittsb Clev & Tol. See Bait AL 0 Pitts Junction. See Bait & 0 Pitts & Lake E. See N Y Cent Pitts McK & Y. See N Y Cent Pitts Shen & L E let g 5s 1940 A 0 91% 97% 97% 953.4 Feb. 8 100 Feb. 10 First consol gold 5s 1943 J J 87% 96% 96% Pitts Y & Ashtab. See Penn Co I 1 J Reliding Co gen gold 4s_ __'_1997 J Registered 1997 J 576,000 81% Sale 85% Sale J Jersey Central coll g 4s__ _1951 AO 24,000 83% 84% 87 . ale Atl City 1st con gu g 4s_ _1951 J J 71% 78% ag Tusc & H. See Pere Marq I Jos & Or Isl let g 4s_ 9,000 65% 1947 J J 74 St Law & Actin See N Y Cent St L & Cairo. See Mobile & Ohio St L Iron M & So. See Mo Pac StLMBr. See TerRRAssn of St L St Louis & San Fran (Reorg Co) Prior lien 4s ser A 1950 J j 1,024,000 69 Sale 74/i Sale Prior lien 5s ser B 1950 J J 317,000 83 Sale 883 Sale Prior lien Os ser C 734,000 95% Sale 1928 993-4 Sale Cum adj ser A 6s 1955 AO 1,155,000 72 Sale 813% Sale Income ser A 6s 1960 Oct 1,452,000 55 Sale 703% Sale St L & San Fr -Gen g 6s 3,000 103 1931 J J 1033% General gold 55 33,000 95 1931 J 98 983% St L& S F RR cons g 4s 1996 J J 68% 68% 85 South West Div g 15s 1947 A0 833.4 86% KC Ft S dr M con g 6s 8,000i 9978 100% 101% MN 1928 7 K C Ft B & M Ry ref g 4s_1936 A 0 169,000 74 74% 803% Sale KC & M R & B let gu g 581929 AO 88 91% 94 St Louis South. See Ill Central St Louis Southw-lst g 4s_ _1989 MN 137,000 75 Sale 78 Sale 2d g 4s inc bd ctfs ___Nov 1889 J J 17,000 63% 70 663% 67 Consol gold 45 1932 JD 177,000 69% Salo 773% Sale let terml & unit 5s 1952 j j 105,000 73 74 821 Sale Grays Pt Ter let gu g 5s 1947 SD 69% 77% St Paul & Duluth. See No Pac St P Min & Man. See Gt Nor St Paul & Nor Pac. See No Pac St P & Sioux C. See C St PM&O 89,000 71 lst guar g 4s 1943 J J 71% 77 79% Scioto Val & N E. See Nor & W Seaboard Air Line g 4s 22,000 50 1950 AO 59% 61% Stamped 41,000, 48% 50% 59% Sale 1950 AO Adjustment tis Oct 1949 PA 1,153,000, 14 Sale 26 Sale Refunding 4s AO 719,000, 31% 32% 443% Sale 1959 1st & cons 6s series A__ _1945 M S 1,858,000 42% Sale 59% Sale Atl-Bir 30-yr let g 4s__May'33 MS 16,000 58 60 73% Sale Caro Cent let cons g 4s_1949 J J 63 66 Fla Cent & Pen 1st eat 6s_'23 J J 92% 96 97% 1st land grant eat g 58_1930 J J 79 83% 87% Consol gold 5s 1,000 1943 j j 81 89% S SAJcAP 85% Sale 84 86% 90 78% 843% May 10 86 May 1 80 863% May 25 88 May 5 8134 Jan. 74% 74% May 17 75 May 18 65% Jan. 9 75 725% Sale 87 Sale 99 Sale 793-4 80 683% Sale 1033% 72 863% 963% 793-4 673% 1033% 973% May May May May May May May 16 74% 17 88% 25 100% 18 82 12 70% 17 1033% 11 98% Jan. 24 29 1 19 May 79 68 May 3 77% Apr. 84 Apr. 4 22 25 24 78 May 1 79 663% May 2 68 743j May 15 77% 79 May 17 82 May 4 74 May 22 04 May 1 68% May 3 71 Jan. Feb. Jan. Jan. 78 Sale 7534 May 13 79 May Jan. 583% 563% 217% 383% 56 72 613% 60 28 443% 613% 745% May 18 Feb. Apr. May Apr. 81 Sale 753.4 803% 8 12, 18 171 4, 24i 1 5 20 26 1 25 15 17 29 783% 68 75 803% 82% May May May May May May May May 88 May 1 68 Jan. 31 74 34 Apr. May 1 82 Jan. 4 8814 Allot% May 1 94% Jan. 7 100% May May 1 71 Jan. 4 823 Apr. % May 25 04% Jan. 4 71% Apr. May 17 1027% Mar. 1 10334 May May 22 95 Jan. 6 9834 Apr. 9734 80 95% 90 Feb. 102 1033% 1013% May 11 1023% May 24 101 Jan. 783% May 16 80% May 1 723% Jan. 783% 79 92 883-1 Jan. 59A 61 58% Salo 27 Sale 42% 43 59% Sale 70 71% 66% 82 97% 99 88 88% Sale 4 86 (II 4 70 24 90 11 104 3 80% 18 92 0 2 5 28 3 793-4 Apr. 27 May 4, 50 Feb. 4 63 May 11 483-4 Feb. 2 61 May 27 1334 Jan. 4 30 May 1 313-4 Jan. 3 463-4 May 22 41 Jan. 9 633/ May 11 5934 Jan. 4 753-k Mar. 20 Apr. 17 Apr. 18 Apr. 17 Apr. 17 Apr. 24 96 Jan. 18 96 Jan. 18 Si) Apr. 28 89 Apr.I28 863% May 241 863% May 24 827% Jan. 24 897% Apr...26 JUNE, 1922.] ; , i c) BONDS all Y STOCK EXCHANGE 23 -STOCK EXCHANGE RECORD BONDS Sales in 1 Price about May. Jan. 3 1922. Par Value Ask. Bid. S 71% J 3,000 67 J 4,000 85% 863i J 1,000 87% :-.) -4 a . •.. v RANGE SINCE JAN. 1. PRICES IN MA 1'. May I. May 31. Lowest. Highest. Lowest. Highest. Sale Prices. Sale Prices. Sale Prices. Ask. Sale Prices. Ask. Bid. Bid. Seaboard Air Line (Concl.)71 Feb. 28 75 Apr. 1 76% 76% Ga & Ala 1st cons 5s_Oct 19453 Mar. 9 91 Apr. 29 90 May 2 90 May 2 84 00% 91 90 Ga Car & Nor 1st gu g 5s_1929 J May 3 95 May 3 87% Jan. 5 95 May 3 95 89% 88% Seab & Roanoke 1st 50___1926 J & So. See Mo K & T Sher Shr 811 Sp 0 & G. See Atl Coast L Illo Car & Ga. See Southern. Southern Pacific Co82 May 16 94% May 29 78 Jan. 4 94 May729 89% Sale 823/ 83 ds g Cent Pac coll__Aug 1040J D,1,041,000 79 Sale 90% May 11 92% May 31 86 Jan. 4 92% May 31 90% Sale 91% Sale June 1929 M 8,1,120,000 Convertible 4s 101% Sale 103 Sale 101% May 1 103% May 31 95% Jan. 3 103% May/31 54,000 1934 J D Convertible So 85% May 15 88% May 20, 81% Jan. 4 88% May 20 % 875 Sale 86% Sale Cent Pac let ref gu g 4s_ _1919 F A 322,000 84% Sale 89% 89% 89% 89% May 16 8934 May 241 86 Feb. 6 89% May 24 86% 89 5,000 85 Mtg gu g 3%s____Aug 1029 J D 83% 81% May 22 86% May 11 78% Jan. 10 87 Apr. 25 83 82% 40,000 76% 77% Through St L 1st gu g 4s_'54 A 0 97% May 20 97% May 22 94% Jan. 10 98 Jan. 16 97% 98 973 98 06 4,000 94 Gal 11 & San Ant let 5s_1931 M N 94 May 8 95% May 2 92 Jan. 12 98 Apr. 17 93% 95% 94 2,000 89% 92 19313 J 2d guar exten 5s 97% 08 May 22 98% May 23, 97 Jan. 23 98% May 23 8,000 95 Gila V G & N 1st gu g 58_1924 M N 94 Apr. 20 94 Apr. 20 94 96 98 98 I 90 1033 M N H E & W T let g 5e 94% 96 94% May 26 94% May 261 94% May 26 94% May 26 A 2,000 881 let gu g 55 redeem____1933 M N 1 93% Apr. 25 943,1 Apr. 25 96% 97% I 90% H & Tex C let g 5s tat gu_1937 J j 98 100 May 15 98 May 23 86% Feb. 2 98 May 23 91 90% 4,000 84 1941 J J A & N W 1st gu g 5s 96 Jan. 3 1035% Jan. 14 I 98 Salo Nor of Cal gu gold 5s_ __ _1938 A 0 9% 98% Sale 9 99% 99% 08% May 9 993-4 May 22 953-1 Jan. 5 99% May 22 Ore dc Cal 1st gu g 5s____1027 J J 153,000 95% Sale 100% 100% 103% 100% May 16 100% May 16 100% May 16 101% Mar. 31 05% 101 1,000 So Pac of Cal let cons 58_1937 M N May 4' 90 May 6 92% Mar. 8 92 91 90% 91% 90 May 6 91 - 3,000 86% 90 7 El P Coast let gu g 4s____1937 J .1 92 91% 96 96% May 16 96% May 16, 89 Jan. 12 99% Apr. 7 8,000 863,1 89 10435 J Tex & N 0 cons g 5s 89% 84% 88% Sale 85% May 26 88 May 26' 83% Jan. 4 87% Apr. 29 let ref gu 4s.1955 J .1' 725,000 84 May Bo Pac RR 81 84% Sale 82% 82 May 19 87% May 27 80 Jan. 11 22 San Fran Term let 4s_ _ _1950 A 0 150,000 80% Sale 9631 95% sale 96% Sale 95 May 9 68 May 1 875% Jan. 4 68 Apr. 15 1904 J j 152,000 88 Sale Southern-let cons g 5e 68 Sale 66% Sale 66% May 12 96% May 1 61 Feb. 1 100% Apr. 17 1056 A O1,423,000 62% Sale Apr. Dowd & gen 48, Ser A May 31 9434 Feb. 1 995% Sale 99% Sale 99 May 6 100 4 Apr. 27 Devel & gen 6%s Ser A_ __1956 A 01,126,000 73% 77 74% May 17 75% May 3 66%, Jan. 9 751 66% 75 Sale /1 1g: 1; 900 66 28 Mobile & 0 coil tr g 48_1038 ,. 94 93% 93% May 29 94 May 12 89 Jan. 10 80% Apr. 2 0 00 19,00 , 8755 mig? j j May Mom Div 1st g 58 Sale 78% May 8 80% May 2 73 Jan. 9 Mt L Div lot g 40 94% Mar. 29 9436 Mar. 29 74 1 964 98 79 98% (:)% I. 88% May 5 Ala Gt Sou let cons A 5e_1943 J D 88% 94% :4 9 93 2 89 95 96 May 5 96% May 5 87 Jan. 6 96% Apr. 17 7,000 87 Atl dc Char A L lot A 4%s 1044 J J 923,1 925% 98% 96% 97% 96 May 10 97% May 11 91 Jan. 6 100 May 9 42,000 92 -year 5s Ser B_ _ _1944 J J let 30 10 78 3 765 % 77% 78 May 9 78 May 9 72 Jan. 5,000. 71% 73% 77% 78 19483 j Atl & Deny let g 40 60 Apr. 3 60 Apr. 3 66 66 I 61 19483 J Second 45 753% Feb. 10 82 Apr. 29 80 76% ,' 71% let gu g 4e_1949 A 0 Atlan & Yad I 93% Jan. 16 97% Apr. 19 J6 100 6i 975% 974 975% I 95% E T Va & Ga div g 5s____1930 J J 93 Jan. 4 97% Apr. 25 95% 97% May 4 9734 May 4 1, 0 93% 00 1956M N Cons let gold 5s May 8 96 12,000 87% 95 May 8 95 May 8 933-4 Apr. 17 95 Feb. 16 1938M S E Ten reorg lien g 5s 9 63 0 63 May 11 63 May 11 58 Jan. 00 58 % 1;00 95% 58% 61% let 3(3_1946 A 0 Georgia Midland 969 9414 101% 190690372% Sa26 1 100% May 24 100% May 24 98% Jan. 10 10034 May 24 95 61e Knox & Ohio lot g 6s_ ___1925 J J I 73% Apr. 28 79 Feb. 5 I 86% Feb. 11 Mob & Birm pr lien g 5s_ _1045 J J 73Y.' 89% 74%1: 9n 7 1,000' 60% 34 74% May 10 74% May 10 735% Apr. 12 75 1945 J J Mortgage gold 4e 96% 98% 96% 98 75 2 R k Deny Deb 5s etpd_1927 A 0 03 66 May 8 95 Feb. 2 95% Feb. 20 1,0001 501 96 66 May 8 64%_ 70% Rich & Mock let g 4s__ _ _1948 M N 09 Apr. 95% 98% 99% 073k 98 8,000 92 97% May 10 98% May 2 94% Feb. 20 97% Mar. 27 So Caro & Ga lst est 5%e_1920 MN 1 07 Mar. 9 98 Sale 93% Va Mid-Series E. 5s_ ___1926 M 8 96% 92% 1 1031 M 5 Series F 55 24 98 May 1 95% 7. Xi 1,000 92% 98 9 6% 9 9834 98 8 9734 98 May 1 98 May 1, 9534 Mar. 28 93 May 9 1936 M N General 5s 80% 5,0001 81 96 97% 91% May 8 93 May 9 90 Mar. 2 82 Apr. 17 J 2003 J Va & 8 W let gu 513 May 5 763% Mar. 75 8,000 72 81% 93 85 81% May 2 82 -year 5s_ _1958 A 0 First cons 50 18 95% May 9 1,000 904 97 96% 95% 96 95% May 9 95% May 9 943-4 Apr. 24 775% Mar. 24 W 0 & W let cy gu 4e_ __ _1024 F A 77% Mar. 77% 71% 79% Spokane Intenaat let g 5s 1955 J J Jan. 23 12,000 87 92 94% 93 93% 92% May 8 93 May 20 92 Feb. 9 96 Mar. 24 96 Ter Assn of St L lot g 4%8_1939 A 0 2,000 88% 91% 95% 96 May 11 96 May 11 885% Jan. 4 835% Apr. 26 95% First cons g 5s_1894-1044 F A A 78,000 77 Sale May 2 7634 Jan. 3 81% 82% 80% 81 80% May 26 82% 1053 J J Gen ref s f gold 4s Apr. 7 943-4 May 22 1,000 86% 92 93'% 94% May 22 94% May 22 93% Jan. 5 96% May 25 94% 96 1030 A 0 St L M Br Ter gu g 5s 38,000 86% 90 95% 99% 95 Sale 92 May 11 96% May 25 8734 Feb. 7 50 Feb. 7 Texas & Pacific let g Ss__ 2000 J D 50 56 45 58 Second gold income 5s_2000 Mar 90 May 18 25,000 66 79% 85% 90 May 18 90 May 18 7936 Jan. 24 88 Apr. 6 86% 1931 J J La Div B L lst g 50 88 Apr. 6 74% 60 74% 77% W &NW lstgu 58_1930 F A W M 3 95% Apr. 17 1,000 91 Sale 95 95% 97% 95 May 16 95 May 16 91 Jan. 5 9234 May 24 Tol & Ohio Cent-let g 5s_ A935 J J 4,000 87% 92% 95 92% May 24 92% May 24 90 Jan. 24 85 Jan. 30 93% 95 Western Div let g 5s___ A935 A 0 8134 Jan. 77% 83 86 1935 J D 87% General gold 5s 4 83 May 13 3,000 75% 78 81 1990 A 0 83 May 13 83 May 13 7534 Jan. 6 95% May 19 84 81 M 1st gu g 48 Kan 3,000 91 95% 95% 95% 95% 95% May 4 95% May 19 91 Jan. 13 95 1927 J J -year 5s Second 20 May 9 84 Jan. 3,000 82% 84% 90% 91 90% 91% 92% May 9 x92% May 9 56 Jan. 9 9234 Mar. 31 Tol St L & W-Pr I g 8%e_1925 J J 7034 91,000 55% 58% 68% Sale 66% Sale 1950 A 0 66% May 2 70 May 2 69 Apr. 7 69 Apr. 7 Fifty-year gold 4s 25% 25% 1917 F A 35 Coll trust 4s g Ser A 24 Jan. 9 31% Feb. 6 24% 28% Certificates of deposit 7736 Jan, 7 79% Jan. 10 78% 84% 80% 84% 1946J 15 85 73 II & B 1st g 4s Tor Feb. 1 92 May 22 5,000 81% 91 90% 92 May 22 92 May 22 89 Apr. 24 65 Apr. 24 90% lister & Del let con g 58_1928 J D 1,000 52% 62% 70 70 623,1 May 5 6231 May 5 65 Jan. 4 92 Jan. 13 1952 A 0 63 First refund gold 4s 0 ‘. 91% Sale' 91% Sale 90% May 9 92 May 3 86 Feb. 1 90 May 31 J J 501,000 87 Sale Union Pac RR de hi gr g 4e_ _1947 J J 1,000 85% 86% 1047 90 May 31 90 May 31 893% 90 Sale Registered 4 95 Apr. 24 89 93% 93% 94% Sale 93% May 1 9454 May 29 815% Jan. 4 8936 Apr. 25 1927 J J 322,000 90 Sale -year cony 4s 20 Jan. 261,000 82% Sale 86% 87% 85% 86 81% May 13 87% May 2 102 Jan. 4 105 Apr. 7 & refund 45_ _June 2008 M First 141,000 102% Sale 103% 104 103% Sale 103 May 5 104 May 2 1928 J -year secured 60 10 8331 Jan. 4 873% May 31 12,000 83% 84% 87% 89% 87% Sale 8734 May 31 87% May 31 98 Jan. 7 100% Jan. 3 Ore ItR & Nay con g 4s 1046 J D 1922 F A 100% Sale Ore Short Line let g 6s _1046 J j 26 965% Jan. 4 103 Mar. 10 15,000 07 Sale 101 Sale Dm g May 1102% May 101 103% May 1 First consol gold 5s_ __ Feb. 342,000 101% Sale 102 103% 100% May 11 103% May 1 97 Jan. 23 923-4 Apr. 22 1946 J 4 Temp ells con 3s 86% 92 Sale 90% Sale 915% May 16 92% May 3 refund gold 4s-1920 J D 295,000 87% 88 Guar 993,1 May 29 2,000 95% 99% May 29 99% May 29 963-4 Jan. 24 86% Feb. 18 98% 1926 J J 98% Utah & Nor gold 5e 86% Feb. 18 1 93% 86% 91 1033 J J 86 extended 48 let 78% Jan. 10 86 Mar. 28 i 85% 87% 86% 87% 1055 F A 78% Vandalia consol g 4s 1 85% 85% 78% 1057 M N 40, Series B 47% May 8 • Consol 20,000 42% May 23 47% May 8 26 Jan. 9 42% 26 4234 45 gu g 43,48_1034 5 J 304,000 May 2 Vera Cruz & 95 May 1 97 May 2 88 Jan. 3 97 May 1 95 Sale 96 Sale Series A___ _1962 M N 171,000 88% Sale 98 Virginian Istilre 97 May 8 98 May 1 9338 Jan. 5 8834 Apr. 17 97% Sale 97% Sale 1939 M N 93% Sale abash let gold 5s 81% Jan. 3 75,000 81% Sale 86 May 4 8834 May 1 88% Sale 1030 F A 86% Sale Second gold 58 72 Debenture, Series B. 6s_1930 J j 1 67% 1954 J J 68% 8 64/ 68 lst lien 50-yr g term 4 96 May 16 5,000 90% 96 96 May 16 96 May 16 91 Jan. 10 74 May 3 96 Dot & Ch Ex let g 6s_ _ 1041 J 3,000 65% 74 May 3 74 May 3 74 May 3 74 74 f let Des Moines Div ‘ 40_ _1039 J J 66% 69 66% 67% 1941 A 0 61% 00 Omaha Div let g 31 s 7 78 Feb. 18 2,000 68 76% May 26 76% May 26 69 Jan. 10 81 76% 80 76% 80 72 May 23 Tol tic Chic Div Is g 40_1041 M 8 3,000 72% May 23 72% Jan. 79% 85 81 May 23 81 80 1945 F A Wash Term let gu 3%s 85 Feb. 23 85 Feb. 25 1 84% 85% 1945 F A 85 81 -year 4s let guar 40 4 67% Apr. 28 66% Sale 64% May 25 6634 May 5 58% Jan. 64% 65 1952 A 0 280,000 59% Sale 98 Mar. 31 West Maryland 18t g 4e 12,000 92 96% May 25 9734 May 25 96% May 25 80% May 3 97% 99% 97% West N Y & Pa let g 5s_ 1937 J J 4,000 66% 68% 76% 78 May 23 8034 May 3 72% Mar. 1 80 79 1043 A 0 General gold 4s 1 23% 23% 1043 Nov Income 5s 8834 Apr. 27 80,000 85% Sale 87 May 8 88% May 1 8434 Feb. 14 99% May 2 88% Sale 87% Sale Western Pacific let ife A_ 1946 1,000 99 97 98% 98% 9734 May 17, 99% May 2 97% May 17 963-4 Apr. 25 1946 Cell 9234 Jan. 23 2,000 91% 95 96% 97 96% May 17, 965% May 17 96% 97 Wheel & L Erie-let g 58_1926 A 0 91% Jan. 9 91% Jan. 9 1 93% 93% 88% Wheeling Div let g 6s_ _ _ _1928 J J 91% May 29 10,000 93% 8931 May 15 915% May 29 89% May 15 69% May 15 91 86% 93 & impt gold 5s_ _ _1930 F A 159,000 84 Exton 3 % 673 May 241 6931 May 15 52 Jan. 31 76 Apr. 15 68% 69 68 Sale 52 Sale Refunding 4%s Ser A _ _ _1966 M S 62 Jan. 17,000 62% 72 75 72 May 27, 74 May 3 70 74 Wh&LE1tR1stCong4el949M 5 80 Apr. 25 30,000 75% 78% 84 82% 80 May 2 80 May 2 77 Jan. 30 82 May 8 80 Winston-Salem S B let 4s_1960 J J 98,000 74% 77 81% 80% Sale 81 793-4 May 26 82 May 8 76 Jan. 30 81 May 11 let gen g 45_ _ _1040 J J Wiscon Cent May 11 7534 Jan. 118,000 75% Sale 79% 80% 7934 May 10 81 80 Sale Su & Dul Div As Tor lot 46_1936 M N Railway Bonds Street Jan. 3 64% May 15 39,000 31 Sale 60 May 221 645% May 15 31 Jan. 31 63 May 10 65 63 Sale 60 Brooklyn Rap Trans g 5s_ _1945 A 0 6,000 28 60 May 4' 63 May 10 31 60% Sale 28% Mar. 8 ctfs deposit 44 Trust co , Jan. 4,000 35% 40 60 May 5! 60 May 5 3534 Jan. 10 88 May 10 59% 62 60 53 2002 5 J 3 lot refund cony 4 go May 2; 88 May 10 58 81 81% 84% 85 Sale 1921 5 J 418,000 58 Sale 7s y % M a. 10 Jan. 3 88 ,6 A pr 26 3-yr secured notes 520,000 57% 60 83% 85% 835% May 4, 87 May 10 58% Jan. 3 83% May 23 82 Sale Trust Co cite deposit 483,000 54 Sale 81 Sale 18% May 11 83% May 23 54 Jan. 9 78% Sale Do stamped 27,000 75 Sale 85 May 15, 86% May 31 75 86% Sale 86 Sale 19 Apr. 26 Bklyn Un El let g 4-58_ _1050 F A 4 41,000 75 85 84% May 19; 86 May 1 75% Jan. 11 86 Feb. 15 82 76% 86 Sale 75 Stamped guaranteed_ _ _1950 F A May 11 64 Jan. 16,000 63 71% May 1! 74 07 71% Sale 71% Sale 1049 F A Hinge Co El lot g 4s 66 Jan. 14 71% May May 26 4,000, 63 71% 71% May 26 71 65 71% 74% 1949,F A May 23 Stamped guaranteed 77,0001 24 46% May 4 5131 May 23 27 Jan. 13 51% 48% 51 47% 48 27 Nassau glee guar gold 451951J J 3 24 BONDS -STOCK EXCHANGE RECORD BONDS N Y STOCK EXCHANGE t- Sales in Price about May. Jan. 3 t Par Value 1922. PRICES IN MAY. May 1. May 31. Lowest. [VOL. 114. RANGE SINCE JAN. 1. Highest. Lowest. Highest. $ Bid. Ask. Bid. Ask. Bid. Ash. Sal* Prices I Sala Pri• • Chimgo Rys--lst 58 Sale Prices. I Sale Prices. 1927 F A 459,000 68 Sale 84 Sale 82% Sale 823j May 121 8434 May 1 67 Jan. 9, 85 Apr. Conn Ry & Lt-lst g 4348._1951 J J 26 623 7334 76 7334 Stamped guar 430 75 Apr. 11 75 Apr. 11 1951 J J 74 743( Det United 1st cons g 4348_1932 J J 324,000 634 1 73 Apr. 10 75 Apr. 21 6531 Sale 83 Sale 83% Sale Hudson & Manhat ser A 58_1957 F A 626,000 8134 May 17 84 May 22 6334 Jan. 12 85 Apr. 22 844 Sale 8231 May 16 86 May 1 75 Jan. 4 Adjust income 58 1957 1,470,000 8631 Apr. 25 6431 Sale 84 Sale 62 May 9 6434 May 1 4734 Jan. 4 6634 Apr. 24 N Y &Jersey let 5s 1932 F A 5,000 Inter-Metrop con 434s 9434 May 3 9531 May 15 92 Jan. 9 96 Apr. 21 1956 A 0 3,056,000 1031 Sale Sale 15 Sale 1831 14 May 15 20 May 1 Trust Co certfs of deposit ____8,466,000 834 931Jan. 4 21 Apr. 25 16 Sale 15 Sale 13 May 16 1834 May 4 7 Jan. 5 Interboro R T 1st & ref 5s 1966 J"-i 8,284,000 5431 9 1831 Apr. 25 Sale 3 7034 Sale 6934 Sale 6934 May 31 75% May 8 54 Jan. 4 7534 May 8 Manhat Ry(N Y)con g 48_1990 A 0 90,000 5734 Sale 6634 70 68 Sale Stamped tax exempt 6734 May 9 70 May 8 5734 Jan. 3 70 Apr. 26 A 0 2,000 58 Sale 6734 May 18 6734 May 18 5734 Jan. 6 675 May 2d 48 2013J D 1,000 465% 55 Sale 62 65 55 May 1 55 May 1 483 Jan. 12 57% Mar. 18 Manila Elec 1st & con 5s___1953 M S 3 6434 80 84 77 80 Market St Ry 1st cons bs__1924 M S 284,000 82 6434 Jan. 11 7434 Mar. Sale 91% Sale 3 89 May 31 9134 May 1 81 Jan. 5 92 Apr. 27 8931 Sale 5-year coil tr 6s 1924 A 0 77,000 8295 Sale 13 94 May 8 95 May 1 9131 Feb. 1 Met St-B'y & 7th Av 58__1943 J D 4,000 5034 9731 Apr. 12 65 67 65 67 6534 May 27 67 May 16 50 Jan. 4 67 Apr. 26 Col & 9th Av 1st gu g 5s__1993 M S 55,000 14 25 Sale 203 24 2034 May 22 25 May 11 1734 Feb. 15 25 May 11 % Lex Av & P F 1st gu g 58_1993 M S 9,000 36 48 49 48 49 48 May 24 4834 May 26 39 Jan. 11 50 Apr. 21 Milw El Ry & Lt cons bs___1926 F A 9634 97 Refunding & ext 4348____1931 J J 2,000 79 85* 82 86 May 5 86 May 5 7931 Feb. 16 86 May 5 General & refund bs 1951 J D 1.000 79 85 8234 Mont Tram 1st & ref A 5s__1941 J J 9634 May 3 9634 May 3 7434 Mar. 22 8531 Apr. 20 76,000 78 82 8634 8731 Sale Mr Orl Ry & Lt gen 4340____1935 J J 8734 May 4 884 May 17 83 Jan. 5 8834 May 17 43 60 8734 88 few York Rys 1st Ar ref 48_1942 J J r 26 40 Sale 41 43% 40 May 1 4434 May 3 2534 Jan. 4 44X May 3 Trust Co certfs of deposit____5 2531 3834 Sale 40% 41 Adjustment income bs_1942 A 0 781,000 3834 May 1 44 May 3 24 Jan. 4 -May 9 Sale 13 13% 9 May 1 15 May 5 5% Jan. 11 44 May 3 Trust Co certfs of deposit__ _ 725,000 5 15 5 534 9% Sale 1034 10% 9% May 1 14 May 2 5 Feb. 25 14 May 2 A Y State Rys 1st cons 4340 1962 mli 39,000 6134 Sale 72 Sale 66 693( 6534 May 29 7234 May 1 6134 Jan. 3 7234 May 1 Portland Ry 1st & ref 5s___1930 M N 3,000 8034 88 Sale 87 88 87 May 1 88 May 1 81 Jan. 11 88 May 1 Port Ry L & P cony 5s___1942 F A 116,000 77 795% 8531 80 8931 8734 May 3 90 May 4 7834 Jan. 9 90 May 4 1st & ref Ser A 7348--1946 M N 34,000 103 Sale 105 Sale 105 Sale 105 May 2 106 May 19 102 Jan. 4 106 May 19 Portland Gen Elec 1st 58_...1935 J J 93 90 8834 et Paul C Cable cons 138._ _ _ _1937 J J 8534 8834 Third Ave 1st ref 4s1960J J 94,000 58 5855 6534 Sale 64 May 25 67% May 12 5o34 Jan. 7 68 Apr. 25 Adjustment income 58_1960 A 0 1,302,000 453% Sale . 67 Sale 6134 Sale 6034 Sale 60 May 5 6231 May 10 4434 Jan. 5 623( May10 Third Ave RR 1st gold 5s__19373 J 1,000 85 8834 93 96 9334 96 96 May 24 96 May 24 88 Jan. 7 Tri-City Ry dc Lt 1st s f 5s__1923 A 0 159,000 96 9631 100 10034 100 10034 9934 May 17 10031 May 9 96 Jan. 11 96 Apr. 29 Undagr'd of London 4548_ _1938 J J 1003% Mar. 29 70 76 76 Income 68 73 Jan. 27 73 Jan. 27 1948'.1 J 55 605% 605% Un Rys Inv-58 Pitts iss___1926 M N 254,000 7831 Sale 60 Jan. 27 6434 Feb. 28 8634 8734 8634 863% 8534 May 24 87 May 5 75 Jan. 4 88 Apr. 21 United Rys St L 1st g 4s___1934 J J 12,000 5134'Sale 4 6134 593 6034 60 May 8 6034 May 6 5134 Jan. 3 6034 Apr. 28 St Louis Tran gu imp 58._1924 A 0 12,000 69% 52 58 57 May 10 58 May 25 57 May 10 58 VIrin1a Rv & Pow 1st 58_1934 J J 31.000 78 May 25 783( 79 80 7931 80 7931 May 29 8031 May 9 72 Jan. 25 8031 May 9 as & Eiectrio Light Cos Bklyn Edison Inc gen 58 A.1949 42 000 190u 915% 94 Sale 41:0 0 00 0 9434 95 93% May 17 95% May 10 8934 Jan. 5 953 May 10 General 63, Series B , 1930:1"i 100 103 10134 Sale General 7s, Series C 5J,000 102 Sale 10531 Sale 10534 106 101% May 3110334 May 9 100 Jan. 710334 May 9 1930 J J 4 10531 May 1 1073 May 12 102 Jan. 3 10734 May 12 General 7s Series D 1940J D 118,000 10634 Sale 10631 Sale 10734 Sale 10634 May 2 108 May 31 10634 Jan. 3 1084 Jan. 17 Bklyn Un Gas Co 1st c g 58_1945 M N 45,000 90 94 96 9331 97 9434 May 11 96 May 6 8734 Jan. 10 96% Apr. Chic Gas & El 1st & ref 5s__1956 A 0 15,000 915% 9234 9634 9536 May 20 96 May 10 92 Jan. 9 97tg Apr. 24 9634 9734 96 Columbia Gas & El 1st 5s__1927 J J 164,000 89 sale 11 923 93 4 95 Sale 923 May 1 9531 May 15 8831 Jan. 12 4 Stamped .1 3 71,000 89 9531 May 15 8934 923 Sale 95 Sale 923 May 3 95 May 18 88 Jan. 24 95 May 18 % Consolidated Gas cony 78_1925 Q F 1,043,000 10334 Sale 11534 Sale 11634 Sale 115 May 11 11831 May 6 103 Jan. 31 11834 Apr. 20 Detroit City Gas Co g 58_ __1923 .1 J 13,000 925% 9834 995 9934 99 May 3 9931 May 16 9631 Mar. 11 9931 Apr. 27 Detroit Edb:on Co 1st 5s1933 J J 34,000 9331 9631 9936 98 9834 98 May 10 99 May 18 9434 Jan. 18 9934 Apr. 12 let & ref 58 Series A19 0 M 13. 72,000 90 Sale 3 1940 4 95% 95 let de ref es sex B__ July 955% May 29 9634 May 4 8931 Jan. 6 97 Apr. 27 242,000 100 Sale 103 Sale 10231 95 Sale 10234 101% May 22 1033 May 2 9934 Jan. 10 10334 Mar. 24 Duquesne Lt 1st & con 6s serA'49 J J 431,000 101. Sale % 10434 Sale 10331 Sale 102% May 8 104 May 2 100 Jan. 6 107 Apr. 29 Debenture 71 48 1936J .1 167,000 10634 Sale 105 May 1910734 May 22 105 Apr. 310734 May 22 Empire Gas & Fue17%s_ _1937 MN 1,121,000 983 9834 Sale 98 May 16 9831 May 1 98 May 16 98% May 1 985% % Havana Elec Ry cons 1 5s_1952 F A 33 0 0 90 Y Sale 0: 00 77 0 88 89 89% 90 84 May 6 90 May 29 7731 Jan. 3 90 May 99 Hudson County Gas 1s bs__1949 M N 3.000 8434 87 88 87 May 3 90 May 13 85% Jan. 20 90 May 13 Kings Co E L & P g 5s____1937 A 0 97 96% 9631 May 16 9631 May 16 9131 Apr. 15 9631 May 16 Purchase money 68 13,000 107 1997 A 0 111 11134 11234 111 May 3 1113% May 15 10634 Feb. 28 1113% May 15 Convertible deb (Ss 1925 M 5 98 10634 10534 93 Mar. 22 10531 Apr. 27 Ed El Ill Bkn lst con g 48_1939 J J 45,000 81 82 8331 8434 82 May 3 8331 May 16 8134 Jan. 5 9734 Feb. 17 Lae Gas L ref & eat 1st 58_1934 A 0 23,000 90 Sale 933% Sale 9234 Sale 91 May 6 933% May 1 8434 Mar. 2 9334 May 1 Milwaukee Gas Lt 1st 4s1927 M N 14,000 8731 89 925% 9234 91 9231 91 May 25 923% May 3 8734 Jan. 12 923 May 3 N Y Edison 1st & ref 634s w 11941 A 0 521,000 10634 Sale % % N Y Gas El Lt H & P 5s___1948 J D 102,000 94 Sale 10931 Sale 1093% Sale 109 May 25 11031 May 9 1053 Jan. 301103% Apr. 11 97% Sale 97% 9834 9734 May 1 99% May 20 92% Jan. 9 99 y May 20 Purch money coil tr g 48_1949 F A 68,000 7734 Sale 823 Sale % 8234 8134 May 18 83 May 3 76 Jan. 7 81 Ed El Ill 1st cons g 5s____1995 J J 19,000 9534 8334 Apr. 3 985% 10054 10034 May 3 10134 May 15 9734 Feb. 16 10168 May 15 Pacific Gas & Elec-Cal G & E Corp unifying & ref 58_1937 M N 58,000 9354 945% 955% Sale 9534 96 94 May 6 9534 May 15 93 Jan. 9 95% Apr. 17 3 Pacific G & E gen & ref 5s__1942 J J 301,000 88 Sale 91% Sale 9134 Sale 91 May 25 9231 May 3 8631 Feb. 28 9231 May 3 Pacific Pow dr Lt 1st & ref Ss 1930 F A 40,000 81 88 9131 Sale 92 91 9031 May 23 9231 May 16 873% Jan. 5 94 Apr. 4 Paterson dr Passaic G&E 58.1949 M S 8436 8534 91 88 00 People's Gas & C-let 68_1943 A 0 12,000 10134 sale 1( c p ln 104 106 104 May 25 10436 May 16 101% Jan. 12 33,000 87 Refunding gold Bs 10434 May 16 1947 M S 91 90 May 16 92 May 6, 85 Jan. 9 92 May 6 Ch Gas L & C lst gu g 58_1937 J .1 1,000 90 95 92 95 95 May 15 95 May 151 89 Jan. 31 95 May 15 Consum Gas Ch 1st gu g bs'363 D 2,000 8734 92 80 92 May 13 92 May 13 92 Apr: 19 92 Apr. 19 Mut Fuel Gas 1st gu g 58_1947 M N 78 8836 90 Phila Co cony deb bs g1922 M N 9934 100 9934 9934 Jan. 5 Stand Gas & El cony s f 6s__1926 J D 21 7,000 93 3 3 3 9634 9534 9636 94% 95% 95% May 15 97 May 15 9334 Mar. 16 100 Jan. 15 Syracuse Ltg Co 1st g 58_1951 J D 97 May 79 86 92 8934 85 Mar. 7 86 Jan. 31 Syracuse Lt & Pow s f 58_1954 J J 76 83 833% i Trenton'Gas & Elec 1st 5s__1949 M S 8231 8534 Union El L & P let g 6s____1932 M S 8,000 84349 8531 933% 234 May 4 9434 May 11 9131 Apr. 4 9434 May 11 9234 Refunding 5s1933M N 5.000 8034 84 9034 90% 91 90% May 8 9434 May 11 8734 Mar. 6 9434 May 11 United Fuel Gas 1st s f 68_1936 J J 3,000 5 953/s May 17 9636 May 31 9231 Apr. 18 97 Jan. 9634 94% 963% 9534 Sale Utah Power & Lt 1st 5s.._..1944 F A 271,000 93 Sale 9 893% 92 9234 9134 91% 91 May 12 933% May 20 8834 Jan. 10 95 Apr. 8 Utica Elec L & P 1st s f 58 g_1950 J J 9134 8534 9234 Utica 0 & El ref dc ext 5s__1957 J J 81 8631 885% Westchester Light gold 58__1950 J D 85 95 94 99 9436 97 Miscellaneous Bonds Adams Express coil tr g 4s_ _1948 M s 36,000 75 76 75 75 May 2 7634 May 25 75 Jan. 7 78 Apr. 17 7634 7534 Sale Alaska Gold M deb es A___1925 M 5 5,000 8 1331 934 13 934 1234 934 May 9 11 May 5 9 Feb. 17 1234 Apr. 1 10 -year cony 68 Ser B___ _1926 M S 8,000 8 10 8 10% 9 10 9% May 24 9% May 24 6 Feb. 1 10% Mar. 24 Am Wat Wks & Elec coll 5_1934 A 0 129,000 8 793,4 Sale 88 Sale 79 May 12 8231 May 19 70 Jan. 6 8234 May 19 Armour & Co let real est 430'39 J D 180,000 8734 Sale 89 9134 Sale 8934 89 May 29 92 May 3 8634 Jan. 10 94 Apr. 18 Atlantic Fruit cony deb 78 A 1934 J D 387,000 25 Sale 42 4034 Sale 4278 4034 May 13 47 May 1 2336 Jan. 12 4834 Apr. 12 Atlantic Refg deben 6348 _ _ _ 1931 M S 201,000 10334 Sale 1033,4 104% 10334 1033410334 May 19 104 May 4 10234 Mar. 11 105 Feb. 8 Braden Copper coil tr s f 68_1931 F A 227,000 9334 Sale 9834 9934 9834 9834 9834 May 2 994 May 18 93 Jan. 4 995% Apr. 25 Bush Terminal 1st 48 4,000 75 1952 A 0 85 7936 75 80 84 7734 May 23 82 May 29 7734 May 23 8554 Jan. 24 Consol bs 42,000 8634 Sale 1055 J J 90 May 22 9231 May 10 8234 Jan. 5 9234 May 10 9036 91 86x 9034 Sale 88,000 86 Buildin_gs 5s gu tax ex__ _ _1960 A 0 90 9234 89 May 17 92 May 5 86% Jan. 5 9236 May 5 895% Sale Cerro de Pasco Copp cony 881931 J .1 799,000 11334 Sale Sale 12134 Sale 11431 May 1 12434 May 29 111 Mar. 1 12434 May 29 Chic Un Stat 1st gu A 4%8_1963 .1 J 106,000 8834 Sale 11534 93 92 May 9034 May 1st (ctfs) 634s series C___1963 J J 82,000 112 Sale 114% Sale' 0034 91 11231 May 29 92% May 9 875% Jan. 4 93 Feb. 21 22 11434 4 Chile Copper cony 78 :0 99% Sale 102% Sale 113% Sale 102 May 2 107% May 18 11194 Jan. 3 115 Mar. 10 1923 M N 80 99 Jan. 5 10754 May 18 Col trust 68 cony sex A 1932 A 0 1,960,000 8434 Sale 91 Sale 10636 Sale 90 May 9 92 May 18 84 Jan. 3 92 May 18 Comnuting-Tab-Rec s f 68_1941 68,000 915 Sale J % 3 94 % 9034 913 Sale 93% May 13 9734 May 17 9134 Jan. 10 9734 May 17 Granby Con M S & P 1st 05_1928 M N 2,000 8234 90 95 8534 9734 90 May 23 00 May 23 87 Feb. 8 90 Mar. 23 Cony deben 88 1925 M N 207:998 85 1 88 97 Sale 97 May 17 102 May 31 86% Jan. 6 102 May 31 8834 34 „ Great Falls Pow 1st 8 f 5s___1940 M N 11, 91% 86 97 102 Sale 97 May 8 98 May 12 94% Jan. 23 98 May 12 Holland kmerica Line 6s_ _1947 M N 91% May 12 93 May 24 9134 May 12 93 May 24 lint for Irrig Wks &c 4546_1943 M N 92146: 801 20 315% 92H Sale 92M Sale 97% 44 May 29 4736 May 4 31 Feb. 6 47 May 4 Int Mere Marine 1st s f 68_1941 A 0 1,285,000 90 Sale 9834 Sale 96 May 12 9954 May 3 89 Jan. 4 9936 May 3 9791 Sale Invincible Oil s f 8s 1931__1931 M S 183,000 8334 84 98 9634 Sale 9834 953'g May 15 986 May 31 8434 Jan. 0 98 Aug. 31 1872,0000 97 183: 0 0 Marland Oil s f 8s ser A 1931 A () 97% 10534 Sale 97% 101 9734 May 210034 May 19 93 Apr. 7 100 May 19 do do with warrant attach_ 91 96 105 May 9 111 May 27 90 Jan. 9736 May 27 Mexican Petrol of Del 8s_ __1936 M N' 100 Sale 10531 Sale 107 10734 105 May 4 10734 May 27 99 Jan. 10 111 May 27 3 10734 Montana Pow 1st & ref s f bs A J J 223,000 9334 Sale' 9534 Sale 96 Sale 9534 May 9 97 May 19 93 Jan. 4 97 May 19 Morris & Co 1st s f 430_1939 J J 65: 0 1 00 40 0, 80 85 87% 8534 8734 87 May 5 8734 May 4 78 Jan. 28 873% Apr. 27 87 -year gold 48_ 1951 F A N Y Dock 60 5 76 7834 Sale 77% May 24 7934 May 2 75 1 Feb. 17 7936 Apr. 27 7834 Sale 4 snag Falls Power 1st 5s____1932 J J 29000 100 % Sale : 94 98% Sale 97% 100 95% May 9 100 May 11 94 Jan. 4 100 May Refunding & gen 6s__Jan 1932 A 0 102% 103 103% 104 10234 May 4 104% May 19 1015% Mar. 7 10434 May 11 19 Hag Lock & Ont Pow 1st 581954 M N 2,000 92% 95 3 5 9458 5 / 94% May 12 94% May 12 94 Feb. 2g 95,4 Apr. 12 3 95% msg JUNE, 1922.] BONDS -STOCK EXCHANGE RECORD Sales in Prses about May. Jan. 3 Par Value 1922. BONDS Y STOCK EXCHANGE Bid. Ask. 89 Sale 98% 99% 90% 92 82 79 96 Sale 100 Sale 100% Sale 74 Sale 78% Sale PRICES IN MAY. May 1. May 31. Lowest. 25 RANGE SINCE JAN. 1. Highest. Lowest. Highest. Ask. Bid. Ask. Sale Prices. Bid. Sale Prices. Sale Prices. Sale Prices. North States Power 5s A...1941 A 0 48,000 91 May 18 93 May 4 88 Feb. 7 93 Apr. 17 9Sale 91 Sale 1941A 0 2,000 lat dr ref 6s Series B % 10031 1013110031 101 1003 May 25 101% May 5 98 Jan. 20 10131 Apr. 29 1943 F A 41,000 Ontario Pow N F 1st 5s 96% Sale 9631 • 9631 96% May 18 96% May 8 90 Jan. 11 98 Apr. 19 2,000 Ontario Transmission 55-1945 M N 85% 102 May 8 103 May 8 79 Jan. 5 79 Jan. 5 85% Pan-Am Pet & T 1st lien 78..1930 F A 369,000 99% May 17 10134 May 31 9434 Jan. 30 100% May 9 100 Sale 101 Sale 1931 J D 140,000 % Sale 102 Sale 3 Pierce 011 Corps f 8s 99% May 5 102% May 31 9831 Feb. 27 102% May 31 99 1931 J D 189,000 Prod & Ref Corp 1st 85 107% Sale 112% Sale 106% May 1 112% May 31 99 Feb. 8 112% May 31 Pub Ser Cor N J gen 50-yr 5s '59 A 0 123,000 84% Sale 833% 8331 83 May 15 85% May 1 73 Jan. 3 85% May 1 Sinclair Cons Oil cony 730_1925 M N 1,459,000 104% Sale 104% Sale 104 May 12 106% May 3 98 Jan. 7 106% May 3 1927 M S 2,406,000 15-year 7s 99 Sale Sale 99 May 23 100% May 2 9831 Apr. 10 1003( Apr. 20 993% Stand 011 of Calif deb 7s Jan 1931 F A 403,000 106% Sale 107 Sale 105 Sale 104% May 31 107 May 1 104% May 31 107% Jan. 16 16,000 89 92% Tennessee Cop 1st cony 68..1925 M N 99% 9934 97 May 10 98% May 19 92% Jan. 9 99 Feb. 17 1931 F A 275,000 100% Sale 1023% Sale 101311023% 1013 May 31 103 May 1 100 Jan. 5 103% Jan. 16 Tide Water 011 6%s % 1930 F A 133,000 103% Sale 103 103% 103 10331 10231 May 24 104 May 4 102% May 24 104 May 4 Union Tank Car equip 7s 1,000 92 Wasn Wat Pow 1st 30-yr 58_1939 J J 95 96% 97 95% 96% May 23 96% May 23 95 Feb. 20 96% May 23 1946 F A 9,000 103% W Penn Pow 7s 103% 1033 May 23 104% May 17 1033-1 Mar. 25 104% May 17 % 1941 A 0 402,000 94 Sale Wilson & Co 1st a f 68 98 Sale 95% May 27 100 May 6 93 Jan. 4 100 Apr. 17 9831 Sale 1928J D 407,000 85 10 -year cony f 6s 87% 913 Sale 92% Sale % 91% May 1 95% May. 9 843% Jan. 28 95% May 9 1931F A 989,000 10 -year cony s f 730 104% Sale 103% Sale 103% May 31 106 May 8 94% Feb. 9 10734 Apr. 26 Manufacturing & industrial 1936 J D 222,000 Ajax Rubber 1st 8s 10031 Sale 10231 102% 10031 May 1 103 May 8 99 Mar. 8 103 May 8 93,000 95% 98% 95% 95% 94% 97% 94% May 13 963% May 24 8134 Jan. 28 9831 Mar.31 Am Agr Chem 1st cony 58...1928 A 0 1941 F A 280,000 100% Sale 104% Sale 1033% Sale 102% May 12 104% May 1 100 Jan. 4 105 Apr. 26 1st ref s f 7%s 1931 M N 215,000 81 Am Cotton Oil deb 55 83 87 Sale 87 May 1 93 May 13 81 Jan. 17 93 May 13 903% 91 Am Smeltg & Ref ser A 58..1947 A 0 355,000 8731 Sale 92 Sale 923 Sale % 91% May 4 93% May 20 8631 Jan. 6 93% May 20 1937 J J 1,603,000 98% Sale 100 Sale 1003% Sale 100 May 1 101 Am Sugar Ref 6s May 6 May 6 9734 Feb. 17 101 Am Writing Paper s f 7-13s...A939 J J 391,000 83% Sale 85 Sale 87% 88 85 May 1 88 May 6 80 Mar. 8 88 May 6 Atlas Powder cony 730 g 1936 F A 107,000 103% Sale 10634 10734 108 106% May 10 1073% May 29 102% Mar. 6 1073 May 29 4 55_1940 M N 3,000 09y8 Baldwin Loc Wks 1st a f 1013% 107 10131 107 1013% May 10 102 May 9 99% Jan. 4 102 May 9 1942 A 0 380,000 Canadian Gen Elec Os 10231 Sale 10131 May 24 10231 May 2 10131 May 24 1023 May 31 % Central Leather 20-yr g 58..1925 A 0 111,000 93% Sale May 31 9331 Jan. 7 99 May 31 97 May 22 99 97% 98 98 Sale Central Foundry 1st s f Os...1931 F A 128,000 75 80 82% 93% 84 May 2 88 May 13 76 Feb. 11 88 May 13 84 85 1,000 91 f 58-1931 M N Corn Prod Ref gold 5 98 99 May 4 99 May 4 95 Apr. 24 99 May 4 9534 1934 M N 49,000 96 Sale -year 5 f 5s 1st 25 983% 99% 98% 9934 983% May 20 100 May 10 96 Jan. 3 100 Jan. 25 Cuba Cane Sug cony 75.___A930 J J 168,000 61% Sale 85 Sale 843 85% 823% May 15 86 May 29 60 Jan. 4 87 Mar. 13 % 0_1930 J J 341,000 54% Sale Cony deben stamped 85 84% 85 84 82 May 11 90 May 19 5434 Jan. 3 90 May 19 77,000 101% Sale 105% Sale 106% 8431 104% May 16 106 May 26 10131 Jan. 3 105% May 2 Cuban-Amer Sugar 1st coil 881931 M J 95,000 10835 Sale 1073 Sale 107% 1073% 107% May 18 108% May 4 107 Mar. 24 11031 Jan. 10 Diamond Match s f deb 73.01935 M N % 10831 28,000 40% Sale Distillers' S C cony 1st g 5s 1927 A 0 45 46 46 Sale 41 May 9 46 May 31 34 Jan. 31 5334 Apr. 17 1,000 E I du Pont Powder 430_1936 J D 90 87% 85 85 8731 May 3 87% May 3 87% May 3 8734 May 3 Pontde Nemours& Co7301931 M N 772,000 103% Sale 106% Sale 107% Sale 10331 May 3110731 May 27 103% Jan. 6 108 Apr. 26 du 1941 M $ 167,000 100% Sale 1065 Sale 106% Fisk Rubber 1st s f 88 % 10631 105 May 4 10731 May• 11 99% Jan. • 9 1073% Apr. 15 649,000 Frameric Ind & Dev 20-yr 730'31 100 Sale 98% May 27 10031 May 1 98% May 27 10231 Apr. 17 98% Sale General Baking 1st 25-yr Os 1936 J D 92% 97 97 Apr. 17 97 Apr. 17 9934 5,000 73% 75 General Elec deb g 3s.. 1942 F A 77 May 4 78% May 20 703% Jan. 5 793% Mar. 10 7934 77 Sale 78 12,000 95 Sale Debenture 5s 1952 M S 9931 Sale 100% 101% 99 May 8 101% May 27 95 Jan. 3 100% May 25 92,000 103 Sale 106% Sale 20 -year deb Os 1940 F A 1045% May 27 106% May 1 103 Jan. 3 108 Apr. 5 Goodyear Tire & Rub s f 85_1941 M N 651,000 110% Sale 116 Sale 104% Sale 114% May 4 116% May 8 1103-1 Jan. 3116% Mar. 9 115 Sale 10- rdebsf 8sMa 1931F A 1,517,000 99 Sale 103 Sale 102% Sale 102 May 20 103% May 18 9731 Jan. 10 1033% Apr. 21 Int Agric Corp 1st & coll tr 58'32 M N 222,000 73 74% 80% Sale 7 79 79% 78% May 11 8234 May 19 72% Jan. 28 8231 May 19 79,000 Internat Cement cony 85.. _ _ _1926 J D 109 Sale 1115 1133% 109 May 1 114% May 24 102 Jan. 28 114% May 24 % 68,000 87% Sale Internat Paper-Cony 55 Ser A'47 J J 88% Sale 87% Sale 853% May 15 88 May 3 8331 Feb. 25 8831 Apr. 27 1st & ref sf 5sSerB 1947J J 688,000 86 8631 86% Sale 833% May 11 87 May 27 8331 Feb. 21 87 Apr. 24 Kayser & Co 7s 1942 F A 302,000 102 Sale 1033% 104 102 May 1 105 May 11 102 May 1 105 May 11 1931 M N 290,000 10331 Sale 10834 Sale 108% Sale 10731 May 25 109 Kelly-Springfield Tire 8s May 1 101% Jan. 5 10931 Apr. 24 1944 A 0 140,000 112% Sale 113% 114% Liggett & Myers Tob 7s 11334 11331 11331 May 16 114% May 3 112 Jan. 4 11531 Jan. 31 1951F A 172,000 92% 93 88 9631 Sale 95 May 12 9731 May 27 9131 Jan. 9 97% Apr. 27 97% Sale 49,000 112% 1944 A 0 (P) Lorillard Co 7s Mar. 16. 95,000 92% Sale 114% Sale 113 11334 113 May 12 114% May 3 112 Jan. 5 116 May 22 1951F A as 943% Sale 96% 9634 94% May 12 9634 May 22 9231 Jan. 3 96% 1942 A 0 210,000 Manati Sugar 7%s 100 Sale 100 Sale 100 May 1 100% May 2 100 Apr. 10 100% Apr. 11 5,000 92% 94% Nat Enam & Stpg 1st 20-yr 55'29 J D 96 96% 96 May 17 96 May 17 9231 Jan. 5 97 Apr. 17 -year deb 5s 1930 J J Nat Starch 20 89 88% 94 91 77,000 96 Sale 1952 M N National Tube 1st 58 5 100 Sale 99% 99% 98% May 5 99% May 1 94% Jan. 10 100 Apr. 11 29,000 97% 100 N Y Air Brake 1st cony 6a 1928 M N 22 97 Mar. 4 101% May 22 % % 1931 A 0 369,000 99%4 Sale 1005 Sale 100% 1003 100% May 12 101% May 9 98 Jan. 10 1073% May 9 Packard Motor Car 8s 10634 107 10734 106 May 2 1073 May % 26,000 101 Porto Rico Am Tobac 8s....1931 M N Mar. 2 103% Jan. 31 Sale 1 1941 M S 165,000 99% 99% 100% Sale 102 104 100% May 4 102% May 26 99 Mar. 2 100 Apr. 13 Sharon Steel Hoop let 8s 3 99% 99% May 15 93 9931 Sale 9831 May 1941 J D 291,000 95% Sale So Porto Rico Sug s f 7s 99% Sale 98% 99 98% May 29 101% May 8 94 Feb. 9 101% May) 8 55,000 94% 1930 M N standard Milling 1st 5s 96% 97 96% Sale 96 May 29 97 May 4 96 Jan. 18 97% Jan.t23 Steel & Tube gen f 7s ser C_1951 J J 169,000 98% Sale 10034 Sale 101% Sale 100% May 1 102 May 5 95 Mar. 16 102 May* 5 -year s f 7s_1931 5 D 272,000 Tobacco Prod 10 10131 Sale 103% Sale 101% May 1 104 May 16 9731 Feb. 10 104 Mayi16 25,000 88% Paper 1st s f 5s 1930 J J Union Bag & 10431 102 1043 10431 May 3 104% May 20 8831 Jan. 12 104% May 20 % 1941 J D 204,000 104 Sale 101 United Drug cony 8s May 27 104 Jan. 3 112 May 27 107% 10831111% Sale 107% May 9 112 87,000 92 U S Realty & Impt deb g 58..1924 J J 94 9534 95% 96% Sale 95 May 3 97 May 22 92 Jan. 4 97 May 22 1923 J D 105,000 101 U S Rubber 5-yr sec 75 10031 Jan. 10 104% May 1947J 814,000 86% 101% 10131 101% 102% 10231 101% May 11023% May 23 86 Jan. 4 90 Apr- 1,5 1st & ref 5s series A May 3 3 89 89 May 2 90 8931 8934 Sale 1930 F A 118,000 108% Sale -year 7%s 10 103% Mai. 1 1093% May 16 % May 53,000 96 Sale 108 108% 10734 Sale 107 May 8 1093 May 16 96% Jan. 30 103% May 19 Mg cony es 1926 F A U S Smelt Ref & 96% 993% 100 102 103% 9931 May 1103% 19 Va-Car Chem 1st 15-yr 5s 1923 J D 1,269,000 93 7 93% 99 Sale 99% 100 98 May 9 10134 May 17 93 Jan. 4 101% May 17 364,000 94 Cony deb s f 6s____May 1924 A 95 96% 9934 100 9534 May 3 99% May 18 9334 Jan. 9 99% May 18 1932 M 3,109,000 93% 94% 96 -year s f 73s 12 98% Sale 105% Sale 9831 May 110531 May 29 9034 Feb. 15 105% May 29 Western Elec 1st 5s Dec 31_1922 .1 j 137,000 99 Sale 10034 Sale 10031 Sale 100 May 9 100% May 24 99 Jan. 4 10034 Apr.,5 1931 M N 433,000 105% Sale 107% Sale 106% Sale 106% May 29 108 May 3 105 Jan. 4 108 May11 3 Westingh'se E & M 75 1935 J j 169,000 98% Sale Wickwire Spencer 7s 99 Sale 99% 100 9734 May 11 103 May 19 96 Apr. 3 103 Mayil9 Coal. Iron and Steel Bonds J J 107,000 95% Sale Beth Steel 1st ext s f 98% Sale 98% 99 9834 May 2 99% May 9 94 May 23 100 Apr. 20 1st & refund 5s gu ser A-1942 M N 111,000 91 92 95% Sale 94 May 23 9734 May 2 89% Jan. 10 983% Apr. 18 96% Sale 20-yr pur & m imp f 5s 1936 J J 307,000 86 87 9231 Sale 9131 May 29 94 May 4 86 Jan. 5 9434 Apr. 25 9334 Sale 12,000 Cons 30-yr s f 63 ser A.. _ _1918 F A 98% Sale 9831 Sale 98% May 31 9931 May 16 98% May 11 9934 May 16 1932J D Buff & Susq I 5s 83% 88% 83% 1943 F A 34,000 82 Col Fuel & I Co gen s f tis May 3 May 3 82 Jan. 18 91 83% 8934 90 8931 90 893% May 5 91 1934 F A 138,000 71 Col Indus 1st coil tr 58 gu 75 77% May 25 79 May 8 71 Jan. 21 79 May 8 76% 77 77 78 1950 J D 357,000 86 Consol Coal Md 40-yr 5s 87% May 17 88% May 1 86 Feb. 17 89 Feb. 8 87% 88% Sale 87% Sale 1940 A 0 87,000 niinots Steel deben 4%s 87 90 90% 91 May 11 92 May 1 8634 Jan. 5 93 Apr. 24 91% Sale 1952 M N 234,000 86% Sale Indiana Steel 1st 55 Apr. 20 97% 99% Sale 98% 99% 99% May 24 100 May 15 963% Jan. 9 101 1923 A 0 128,000 97% Sale Lackaw Steel let cony 5a 3 8 99% 100 99% Sale 99% May 1. 100 May 16 9331 Jan. 31 100 May 16 1950 M S 284,000 82 Sale is; cons 5s Series A 003 Sale 89% Sale 88 May 1 92% May 12 82 Jan. 3 92% May 12 % Midvale St & Ord cony s f 55 1936 M S 1,158,000 83% Sale 9iy Sale 89% May 2 92% May 15 83 Jan. 3 92% May 15 i 89% Sale 1941 F A 115,000 Otis Steel 20-year 8s 102 102% 101% Sale 101% May 31 103 May 9 96% Feb. 18 103 Apr. 19 6,000 89% Pocahon Con Coll 1st s f 5s_1957 J J 92% 93 8634 May 18 863% May 18 8634 May 18 91 Feb. 9 68,000 90 Repub I & S sink fund 5s_1940 A 0 95 Sale 92 93% Sale 9334 May 1 97 May 11 90 Jan. 7 97 May 11 11,000 78 et L R Mt & Pac 5s stmp'd_1955 J J 87% Sale 82% 86% 82% May 23 87% May 1 78 Jan. 4 87% May 1 1951 J J Tenn C I & RR gen 58 4,000 94% 99 96% 99% 97% 98% 97% May 18 99 May 9 97 Jan. 17 99 Jan. 18 U S Steel Corp a f g 5s__Apr 1963 M N 1,156,000 100 Sale 102% 103 101 Sale 101 May 9 103 May 1 99% Jan. 5 104% Apr. 20 28,000 86% Va Ir Coal & Coke 1st g 50..1949 M N 92 Sale 92 96 00 May 18 98% May 5 87 Jan. 6 9831 May 5 Telegraph and Telephone Am Tel & Tel coil trust 45 1929 J J 593,000 8031 Sale 91% Sale 90% May 17 91% May 1 863% Jan. 4 9131 Apr. 21 903% Sale 1936 M Convertible 4s 19,000 8131 82% 86 M 8631 8634 8734 86% May 2 86% May 17 803% Jan. 13 1933 M S -year convert 430 28,000 93% 97 20 86%y 26 a 101% Sale 102 102% 100 May 8 10231 May 31 95% Jan. 10 103 Apr. 17 1946 J D 571,000 92% Sale -year coil trust 56 30 97 Sale 96 May 11 99% May 2 9134 Jan. 4 98% Sale 1925 F A 289,000 10831 Sale 115 Sale 115 Sale 114 May 15 115% May 27 108 Jan. 4 1760 Apr. 22 -year convertible 65 7 a 3 ly Bell Tel of Pa-lst & ref 78_1945 A 0 344,000 1085 Sale 10834 Sale 1073 Sale 107% May 12 108% May 6 10734 Feb. 25 109 Jan. 17 % 3 31,000 9134 Cent Dist Tel 1st 30-yr 5s_1943 J D 3 98% 9934 98% May 5 99% May 10 9734 Jan. 31 99% May 10 983% 99 Chicago Telephone 1st 513_1923 .1 D 2,000 95 99% 99% 100 99 May 18 99 May 18 98 Feb. 16 9934 Apr. 28 Commercial Cable 1st g 40..2397 Q 72,000 % 73% May 12 7431 May 3 72 Feb. 11 75 Apr. 7 3 72 72 7334 74 36,000 89 Sale Cumb T & T 1st & gen 58_1937 J J 94 Sale 933% 94 9334 May 12 9434 May 4 8834 Jan. 18 9431 May 4 Mich State Telep 1st 20-yr 55 '24 F A 101,000 94% Sale 98% Sale 98 May 13 988% May 4 943% Jan. 3 99 Apr. 18 98% 99 N Y Tel let & gen s f 4345..1939 M N 375,000 89 Sale % 023 Sale 9431 Sale • 9231 May 2 9431 May 17 8831 Jan. 6 943% May 17 1949 F A 171,000 102% Sale 105 Sale 105% Sale 105 May 1 106 May 8 101% Jan. 6 106 Apr. 17 30-year deben 65 1941 839,000 102 Sale 10434 Sale 1043 Sale 104% May 1105% May 8 101% Jan. 3 105% May 8 20-year ref Os g 1 % Northwest Bell Tel let ser A 7s'41 F A 550,000 107% Sale 106 Sale 1063 Sale 10631 May 10 107 May 1 105% Apr. 211083 Jan. 13 % % 19375 J 185,000 92% 93 Pacific T & T 1st 5s May 4 95 97% 96 May 11 98 May 4 917% Jan. 5 98 96_8 Sale 111,000 93 Sale South Bell T & T 1st at 58_1941 J J 93% May 1 96 May 18 91% Apr. 4 96 May 18 93% Sale 9434 Sale 71,000 89% 95 West Un-Coll tr cur 513_1938 J J 9834 Sale 99% 9834 May 1 100 May 6 90% Jan. 12 100 May 6 1950 M N 45,000 88% 3 Fund & rea est 4315 g Feb. % % 916 923 91 93 Sale May 11 94% May 3 88% Jan. 4 1936 F A 159,000 106% Sale 109 Sale 109% Sale 109 15-year 6%s gold May 1 110% May 4 106% Jan. 3 411% 9 '1 a On the basis of $5 to the g sterling. I) On the basis of four marks to one dollar. a First installment paid. d Full paid. a Part paid. a Option hale. y Bonds "when issued." x Flat price. r?i STOCKS-STOCK EXCHANGE RECORD [VOL. 114. STOCKS -PRICES AND SALES FOR MAY AND THE YEAR TO DATE. In accordance with a rule of the Stock Exchange, effective Oct. 13 1915, all stocks are now quoted dollars per share. Prices are on basis of 100-share lots. Exceptions of stocks which sell only in a small way are noted by the letter a. Option sales are disregarded. SALES TO JUNE 1. STOCKS N Y STOCK EXCH'OE In May. Par. Shares. Ann Arbor 110 100 Preferred 100 3,800 Atchison Top & S Fe 100 54,990 Preferred 100 9,200 Atlanta Bum & Atl 100 16,900 Atlan Coast Line RR_..100 16,400 Baltimore & Ohio 100 170,200 Preferred 100 9,900 Brooklyn Rap Transit _100 178,900 Certificates of deposit_ _ 57,400 Buffalo Rock & Pitts_ _100 * . 510 Preferred 100 Buffalo & Susquehanna 100 Preferred v t c 100 Canadian Pacific 100 38,900 Canadian Southern_ _ _ _100 25 Central RR of N J____100 500 Chesapeake & Ohlo....100 15,900 Chicago (IG Alton 100 74,100 Preferred 100 22,686 Chic & East Ill RR (new)_ Preferred (new) Chicago Great West..__100 Preferred 100 Chic Mllw & St Paul_ 100 Preferred 100 Chicago & North West..100 Prefc-red 100 Chic Rock Isl & Pac__ _100 7% preferred 100 6% preferred _100 Mc St P Minn & Om_100 Preferred 100 Clev Cin Chic & St L__100 Preferred 100 Cleveland & Pittsb 50 Special betterm't stk_50 Colorado & Southern.. 100 1st preferred 100 2nd preferred 100 Delaware OC Hudson.. 100 'Del Lack & Westem___50 Detroit United Ry_ _ _100 New York Central_ ___100 N Y Chic & St Louis__100 lot preferred 100 2d preferred 100 New York & Harlem_ _ _50 NYNH& Hartford__100 N Y Ontario & West_ _ _100 New York State Ry__-100 Preferred 100 Norfolk Southern 100 Norfolk & Western........100 Preferred 100 Northern Pacific 100 Pacific Coast 1st pref 100 Pennsylvania 50 Peoria & Eastern 100 Pere Marq v t r 100 Prior pref v t r 100 Preferred v t r 100 Pitts Cinc Chic & St L_100 Pitts Ft W & Chic, pref.100 Pitts & W Va 100 Preferred 100 Price about Jan.3 1922. PRICES IN MA Y. May 1. 2,600 60,700 1,800 900 8,100 3,500 50 39,900 1,200 9,500 500 136,900 22,700 1,500 1,300 48,700 45,900 3,200 35,500 6,880 May 31. RANGE SINCE JAN. 1. Lowest. Highest. Lowest. Highest. Shares. Bid. Ask. Bid. Ask. Bid. Ask. Sale Prices. Sale Prices. Sale Prices. Sale Prices. 11,310 10 Sale 20 15 15 1634 May 9 16% May 9 10 Jan. 3 20% Mar. 6 18 66,087 28 32 47 Sale 44% Sale 44 May 11 47% May 17 27R Jan. 26 5151 Mar. 24 286,215 92% Sale 100% Sale 99% Sale 99 May 11 10134 May 3 91 Jan. 3 102 Apr. 20 26,310 85% Sale 90 Sale 91% Sale 90 May 1 91% May 20 84 Jan 8 3 91% Apr. 22 138,700 1 Sale 3% Sale 4% Sale 2% May 9 4% May 22 % Jan. 14 5% Apr. 17 43,550 84 Sale 10034 102 105% Sale 100 May 11 105% May 31 83 Jan. 9 10551 May 31 808,246 34% Sale 47% Sale 50 Sale 4554 May 11 51% May 31 3334 Jan. 27 51% May 31 37,420 52 53% 60% Sale 61% Sale 60% May 12 61% May 24 5234 Jan. 27 6154 Apr. 17 641,300 6% Sale 22% Sale 28 Sale 21% May 1 28% May 31 6 Jan. 4 28% May 31 254,200 5 6 24% Sale 19 May 1 24% May 31 5% Jan. 27 24% May 31 1934 Sale 2,043 59% 60% 63 59 May 2 68 May 25 50 Jan. 4 68 May 25 72 200 95 95 Apr. 27 95 Apr. 27 93 500 66 67 83 82 Mar. 13 85 Mar. 27 83 100 48 48% 46 Mar. 14 46 Mar. 14 51 278,200 120% Sale 142 Sale 142 Sale 138 May 11 14334 May 22 119% Jan. 145 Apr. 17 346 48 60 51 52 May 4 52 May 4 51 Feb. 14 53 Jan. 31 52 1,518 185 192 180 190 182% 185 z184 May 10 188 May 15 184 Mar. 31 192 Feb. 17 162,700 55% Sale 65 Sale 64 May 11 69% May 29 54 Jan. 10 69% May 29 6834 Sale 205,685 4%, 6 954 Sale 734 May 11 12% May 26 1% Jan. 24 9% Apr. 10 3 1134 Sale 82,066 654 9 18 Sale 15 May 11 2034 May 25 354 Jan. 25 20% May 25 19% Sale 314,500 13% 14% 94,000 3454 25,800 146,000 33 43,200 116,165 6% Sale 28,100 137,500 1634 Sale 3 322,250 184 Sale 56,400 72,200 467,894 3234 Sale 758,170 6334 Sale 33,000 2,000 23,700 102 Sale 179,600 2,036,030 32% Sale 6,100 54,500 84% Sale 8,200 44,800 72 Sale 54 2,200 42,627 52 87 100 9,550 82 6,200 22,100 54% 56 400 5,900 72% 76 40 63)4 80 93 3554 58,500 39% 40 8,300 58 6,000 56 700 1,000 049 Sale 3,600 17,500 107 Sale 22,500 91,050, 117% Sale 71 2,000 Duluth S S & Atlantic _100 2,300 Preferred 100 1,900 Duluth-Superior Trac_100 Erie 100 231,400 First preferred 100 77,200 Second preferred_ _ _ _100 ' 22,400 Great Northern pref.. _100 72,200 Iron oreproperties no par 74,200 Gulf Mob & Nor tr ctfs 100 9,900 Preferred 100 5,300 Illinois Central 100 13,900 RR Secure, Series A..100 10 Leased line stock 100 Rights 11,600 Interboro Cons v t c_ ne oar 79,800 Preferred 100 140,600 Iowa Central 100 2,000 Kan C Ft S & M pref 100 Kansas City Southern_100 38,100 Preferred 100 2,600 Keokuk & Des M RR_ 100 100 Pr Preferred 100 Lake Erie & Western.. .100 24,900 Preferred 100 28,000 Lehigh Valley 50 114,600 Louisville & Nashville..100 Manhattan Ry guar__ _100 Market Street Ry 100 Preferred 100 Prior preferred 100 2nd preferred 100 Michigan Central 100 MInneap & Si L (new)..100 Minn St P & M____100 Preferred 100 Leased line certits___100 Mo Kansas & Texas__ _100 Preferred 100 Mo Kan & Texas Co (new) Preferred (new) Part warr 1st asst paid.._ Preferred Missouri Pacific tr ctfs_100 Preferred trust ctfs__100 Morris & Essex 50 Nashv Chatt et' St L_ _100 Nat Rye Mex 1st pre1_100 Second preferred__ _100 N Orl Tex & Mex v t 13_100 dines Jan. 1. 12,400 8,800 349 540,700 29,430 77,650 363,650 305,361 31,200 25,200 56,921 40 210 11,600 291,800 307,040 10,400 190,000 21,524 1,700 100 274,300 57,970 420,700 234 334 3% 5 10% Sale 153g Sale 10 Sale 73 Sale 31 Sale 454 6% 16 Sale 98 Sale 05 58 87 1% Sale 4 Sale 3% 6 67 23% Sale 52% Sale 2 5 15 25 12 14 28% 30 57% Sale 33% Sale 32% May 38 Sale 56% Sale 54% May 55% Sale 9% Sale 8 May 9% Sale 23 Sale 20 May 23 Sale 27% Sale 24% May 2754 Sale 44% Sale 41% May 4354 Sale 75% Sale 73% May 76 Sale 109 Sale 112 114 109 May 45% Sale 42% May 45% Sale 96 Sale 94% May 98 Sale 8234 Sale 80% May 83% Sale 62 Sale 62 May 66 65 98 98% 963% May 96 65 Sale 69 Sale 6434 May 86% 90 87% 89% 8734 May 65 80 69 80 3554 38 50 Sale 47% May 50 Sale 61% 60% 61% 61 61 May 58 56 54 57 121% Sale 125 Sale 120% May 116 Sale 125 Sale 115 May 70 63 4 9 5% 1034 54 3% .10 12% May 17% Sale 2554 Sale 20% May 14% May 18% Sale 7354 May 77% Sale 40 Sale 38% May 14% May 18 Sale 35 May 30 Sale 10534 Sale 103 May 67 May 6434 73% 71 %May Sale 3% Sale 2 May 254 Sale 8% Sale 4% May 4% Sale May 9% 10% 9% 1034 9 20% Sale 57 58 6 8% 20 27 Sale 44% Sale 65% Sale 86,500 430,800 7350 Sale 16,100 47,700 52 Sale 72 100 500 70 3,500 11,920 6034 62 129 429 522,400 1,918,750 13% Sale 18,346 315,716 20% Sale 100 55 400 3,100 21,400 9 Sale 20,000 116,700 96% Sale 72 200 4,400 70 58,600 441,800 76% Sale 40 50 98,500 536,295 33% Sale 12 3,200 24,600 11 79,100 310,350 21 Sale 3,000 25,000 64 Sale 54 4,700 37,150 50 100 100 20 129 133 79,300 262,800 25 Sale 700 9,800 77% Sale 90% Sale 69 Sale 80 Sale 73% Sale 2 126 May 3 129% May 11 18% May 11 27% May 11 20% May 11 78% May 9 41% May 13 19 May 12 40 May 15 107% May 3 67 May 29 1 16 3% 16 8% 9 10 23 23 23 29 13 22 22 1 3 May 25 May 1 May 1 May 1 2% Jan. 27 Apr. 25 3% Jan. 7 1034 Apr. 18 20 Feb. 9 20 Feb 9 7 Jan. 9 18% May 23 11% Jan. 9 27% May 23 7% Jan. 10 20% May 23 70% Jan. 10 80% Mar. 14 6 31% Jan. 6 45% Apr. 13 5 Jan. 4 19 May 22 Jan. 5 40 May 22 16 97% Jan. 3 109% Apr. 18 61 Feb. 14 67 May 3 71 Jan. 23 71 Jan. 23 % May 29 1 May 25 1 Jan. 10 5 Apr. 8 3% Jan. 5 12% Apr. 8 6 Feb. 23 11 Apr. 29 26 May 11 28% May 11 2234 Jan. 11 57 May 12 59 May 13 52% Jan. 3 4, 7%, May 5 7y May 5 5 Jan. 17 25 Jan. 9 16% May 1 28 May 31 10 Feb. 2 May 27 26% Feb. 8 33 May 17 45% 60% May 10 67% May 29 56% Jan. 3 108 109% 118 120 119 120 117 May 35% Sale 5054 Sale 5054 Sale 49% May 3 4% 8 Sale. 7% 7% 7% May 14 17 43% 35% 39 38 35 May Sale 35 63% Sale 63% Sale 60% May 634 634 26 3034 21% 2434 20% May 100 120 148 152 160 148 May 5% Sale 13% Sale 13 Sale 11% May 65 69 62 60 59% May 60 Sale 94 88 85 75 85 80 60 65 63 65 67 1 Sale 12% Sale 12% 13% 10% May 2% Sale 11% May 15 14 8% Sale 17 May 18% Sale 1834 Sale 26 Sale 43 Sale 38% May 44 Sale 22% Sale 20% May 21 Sale 21 May 26 Sale 1734 Sale 24% Sale 22% May 23% Bale 4534 Sale 57% Sale 54% May 57% Sale 70 75 77 89 80 78 101% 110 100 110 100% 110 8 15,100 15 13 12% May 144 Sale 3 4 152,300 3 5% Sale 5% May 6% Sale 57 42,580 55 08 66 67% Sale 65% May 24,900 231,846 37,000 20,000 113,200 32,000 120 164,300 13,700 400 200 352,955 25,980 788,400 207,100 15,400 5,300 359,000 282,340 12 51 May 11 62% May 8 12$ Feb. 1 39% May 8 5 31 Feb. 2 59 Apr. 28 27 5 Jan. 26 10% May 27 29 1434 Jan. 31 24% May 29 22 17% Jan. 9 29% Apr. 18 22 29 Jan. 10 47 Apr. 18 31 59 Jan. 9 76% Apr. 20 18 100 Jan. 9 1.13 May 18 22 30% Jan. 11 4834 Apr. 20 29 83% Jan. 10 98 May 29 May 29 29 70% Jan. 9 84 6 51 Jan. 10 684 May 6 5 83 Feb. 14 98% May 5 26 54 Jan. 4 70 May 26 22 72% Jan. 3 90 Apr. 18 6534 Feb. 16 6554 Feb. 18 37 Jan. 26 37 Jan. 26 23 38 Jan. 10 5354 Apr. 24 22 57% Feb. 9 6134 Apr. 11 49 Jan. 3 57 Ann 17 22 106% Jan. 4 126 May 22 22 108 Feb. 14 129% May 22 5734 Mar. 17 06% Mar. 29 4% May 11 5% May 4 8% May 25 10% May 26 14 Sale 23% Sale 15% Sale 74% Sale 40 Sale 17 Sale 39 Sale 107% Sale 6451 70 71% 74 28% Sale 58% Sale 7% 8% 20 16% Sale 34% Sale 62% Sale 1 39% May 13 59 May 10 10% May 11 2434 May 11 zni, May 11 45% May 11 76% May 1 113 May 10 4634 May 19 98 May 12 84 May 1 6854 May 23 9834 May 2 70 May 11 89 May 10 119% May 3 19 55% May 8 8 May 9 39 May 12 643% May 9 28% May 3 157 May 11 1434 May 9 64 May 22 3 1 4 2 2 24 25 6 5 9 5 11 8 1 13 11 23 24 22 1 1 22 1 22 14 1451 1954 43 22% 28% 24% 58% May May May May May May May May 108 Jan. 35 Jan. 3% Jan. 17 Jan. 35 Jan. 5% Jan. 120 Feb. 5 Jan. 5034 Apr. 82 Apr. 6354 Apr. Jan. 1 Jan. 7 Jan. 24% Jan. 1034 Jan. 1334 Feb. 16 Jan. 4334 Jan. 76% Feb. 3034 Apr. 25 5954 Apr. 20 25 Jan 29 9 A pr 9 . 28 May 31 45% May 27 67% May 29 9 121% Apr. 25 6 55% May 3 28 103.' Mar. 13 9 5051 Apr. 11 3 65% Apr. 6 9 32 Apr. 10 14 157 May 24 6 1434 Apr. 28 20 7134 Feb. 27 10 6930 Jan 14 A pr 7 4 34 16 14 May 23 5 14% May 24 11 19% May 22 27 4334 Apr. 28 3 2234 Apr. 28 27 28% May 22 10 25% Apr. 6 31 59% Apr. 17 14 7854 Mar. 2 5 15% May 27 7 Jan. 13 16 Apr 21 16 7% May 27 3 Jan. 28 751 May 27 12 69% May 20 54% Jan. 10 69% May 20 88 May 11 92% May 22 72% Jan. 4 9234 Apr. 17 67% May 5 82 May 25 51% Jan. 5 82 May 25 77% May 6 80 May 1 72 Jan. 6 80 Feb. 28 73y,. May 1 85 May 23 61% Jan. 5 85 May 25 100 Jan. 18 100 Jan. 18 28% Sale 27% May 3 35 May 20 12% Jan. 5 3551 May 20 32% Sale 273 Sale 4 2734 Sale 26% May 11 285 May 6 1934 Jan. 9 30% Apr. 6 3334 Feb. 27 3334 Feb. 27 55 Jan. 17 61 Feb. 20 1934 Sale 17 May 11 1934 May 1 19 Sale 83% Jan. 3 2054 Apr. 3 107% Sale z10731,Sale 105% May 11 108% May 23 96% Jan. 9 108% May 23 74 80 76 May 9 76 May 9 72 Jan. 9 70 Apr. 20 74 78 76% Sale 76% Sale 74% May 15 7834 May 29 7434 Jan. 10 8234 Mar. 15 37 50 41% Sale 40% May 16 4234 May 29 33% Jan. 3 43 Apr. 7 42 Sale 14 17 12% May 17 1534 May 24 10% Jan. 14 19% Mar. 9 14% Sale 31% Sale 29% May 3 3434 May 29 19 Jan. 10 34% May 29 3451 Sale 7534 Sale 74 May 4 78 78 Sale May 27 63 Jan. 17 78 May 27 68 Sale 69 Sale 67% May 9 6951 May 24 5034 Jan. 6 69% May 24 73% Sale 73% May 1 73% May 1 73% May 1 73% May 1 136 136% Jan. 27 13634 Jan. 27 138 142 34 Sale 35% Sale 33 May 4 36% May 23 23 Jan. 17 36% May 23 87 90 88 May 5 00 May 2 76 Jan. 13 9034 Apr. 25 8934 Sale 9054 Sale 80 Sale 88 94 83% Sale JUNE, 1922.] SALES TO JUNE 1. In Since EXCH'CIE May. Jan. 1. STOCKS N Y STOCK lug Allis Chalmers Mfg_ 100 Preferred Amalgam Rugar 1st pf_100 Agrioul Chem_ 100 Amer 100 Preferred 50 Amer Bank Note 50 Preferred __100 Beet Sugar. American 100 Preferred Am Bosch Magneto_ no par Am Brake Shoe dr F_no par 100 Preferred 100 American Can 100 Preferred Amer Car & Foundry_ _100 100 Preferred American Chicle_ ___no par 100 Preferred American Cotton OIL _100 100 Preferred Amer Druggists' Synd_ _10 100 American Express Amer Hide & Leather.109 100 Preferred American Ice (new)_ _ _100 100 Preferred 50,400 37,000 11,725 45,900 387,800 46,800 115,900 2,209 79,300 2,300 424,287 57% Sale 16,950 103% Sale 22,800 4,300 1,300 84,300 2,S00 8,000 1,600 0,700 40,400 5,700 20,592 1,800 11,000, 16,700 19,600 7,700 Amer Internat Corp_ _ _100 118,400 32,400 Am La France Fire Eng_10 100 7% cum preferred__100 100 31,100 American Linseed 100 7,100 Preferred American Locomotive..100 104,300 100 3,268 Preferred Am M&G stpd 2(1 pf no par 25 17,400 American Radiator 25 19,800 Amer Safety Razor Am Ship & Comm _.no par 178,300 800 Smelt Secu pf Ser A 100 Am Amer Smelt cic Refin_..100 147,800 100 9,725 Preferred 100 2,500 American Snuff 100 100 Preferred 46,600 Am Steel Foundries ctfs 33.1 100 1,200 Preferred 78,700 American Sugar Refln_100 100 2,500 Preferred. new 68,700 Am Sumatra Tobacco_100 100 2,300 Preferred 100 725 Am Teleg & Cable_ 36,000 Amer WW1 & Teleg_ _100 100 44,500 American Tobacco_ 100 7,049 Preferred. new 33,500 Common Stock B_ ...100 Am Wat Wks & E v t c_ 100 let pref.(7%) v t c_ _100 Partic prof(6%)v t c100 Am Wholesale Corp, pf.100 100 Amer Woolen 100 Preferred Writing Paper, pf_100 Am Amer Zinc, Lead & Sm._25 25 Preferred 50 Anaconda Copper Construction_10 Art Metal 10 Assets Realization Associated Dry Goode..100 100 1st preferred 100 2d preferred 100 . Associated 011 no par Atlantic Fruit Atl Gulf & W 188 Lines_ 100 100 Preferred Allan Petroleum Corp_ 25 100 Atlantic Refining 100 Preferred 3,100 200 3,200 78,100 3,540 5,100 19,400 4,100 158,800 2,100 7,200 615 900 26,800 70,000 105,600 22,000 72 1,450 May 1. May 31. Lowest. Lowest. Highest. Highest. Sale Prices. Sale Prices. Sale Prices. Ask. Sale Prices. Ask. Bid. Bid. 76 May 11 82% May 29 71% Jan. 3 82% May 29 76% Sale 77% Sale 31 43 Mar. 27 57 May 31 44% May 2 57 May 43% 44% 55 Sale 46 May 6 59% May 31 45 Jan. 27 59% May 31 56 Sale 4634 Sale 120 120 38% May 20 49% May 31 17% Feb. 6 44% May 25 40 38 48% Sale 2834 May 11 31% May 1 205% Jan. 15 319.4 Apr. 28 31 Sale 2934 Sale 48% May 31 52 May 1 36% Jan. 3 52 Apr. 22 51% Sale 48% Sale 28% May 11 32% May 22 20% Jan. 3 32% May 22 30% Sale 3034 Sale 46 May 12 50 May 26 323-4 Jan. 10 50 May 26 47% Sale 49 Sale 6 May 11 8% May 29 2% Jan. 4 10 Apr. 15 834 8 Sale 8 10 May 11 12% May 20 4% Jan. 13 143/1 Apr. 15 12% 13% 1231 Sale - Jan. 10 93% May 29 89% Sale 89 Sale x8834 May 31 93% May 29 7834 Jan. 10 253 Apr. 26 % 22% May 15 25% May 23 1734 25% Sale 24% Sale 58% May 1 46 Jan. 10 599-4 Apr. 24 56 May 12 57% Sale 56% Sale May 11 35% May 4 24% Jan. 5 36 Apr. 21 31 34% Sale 32% Sale 21% May 16 25% May 29 14 Jan. 5 253% Apr. 25 23% Sale 24 Sale 13 Jan. 20 18% Feb. 3 May 41 May 31 18% Feb. 1 41 31% May 1 41 31% Sale 41 Sale 23 Jan. 18 31% Feb. 3 May 13 33 Feb. 1 48 May 13 44 May 22 48 45 47 45 Sale 4734 May 17 53% May 31 34 Jan. 12 53% May 31 49% 53% Sale 48 73 Feb. 16 88 Apr. 13 90 83 90 83 May 31 Sale 141% Sale 1355% May 11 14234 May 31 125 Jan. 10 14294 Apr. 21 138 % 19 7131 Jan. 7 767 73% May 13 75% May 76 74 75% Sale May 20 17% May 5 7% Jan. 6 1974 Apr. 11 15 16A Sale 15% 15 11 9 30 May 11 33% May 23 20% Jan. 30 365-4 Apr. 26 11 Sale 32 Sale 10 May 11 145% May 26: 6 Jan. 25 14% May 26 11% Sale 13 Sale 3434 May May 26, 19 Jan. 29.3% May 11 3434 3234 Sale 33 Sale 26 19% May 13 24 May 26 1234 Jan. 31 24 May 29 22% Sale May 10% May 11 1234 May 29 831 Jan. 30 1234 Apr. 29 12 Sale 11% Sale May 1 13 Jan. 17 21 21 Sale 19% 20% 18% May 11 21 24 20% May 11 22% May 1 1334 Jan. 31 24% Apr. 21 22% Sale 22 Sale Apr. 60% May 9 63% May 8 51% Mar. 2 643-4 May 29 6234 Sale 61% Sale May 11 14 May 29 6 Feb. 2 14 10% 13 Sale 13% Sale May 12 26 May 31 9% Jan. 4 26 May 31 21 23% Sale 25 Sale 13 28 May 11 31% May 29 25 Jan. 3 3331 Mar. 29 31 31 29 51% 64% Sale 48 11 Sale 18A Sale 33% Sale 48% Sale 48% Sale 54 56 16% Sale 17% Sale % Sale % Sale Sale 1% Sale 112 104 112 Sale 4,900 7,100 1,100 3,000 58,000 17,300 64,800 640 36,100 2,650 200 13,900 7,100 600 700 20,900 RANGE SINCE JAN. 1. PRICES IN MAY. Price about Jan. 3 1922. Ask. Shares. Bid. Par Shares. 730,900 72% Sale Reading Company_ ___ 50 207,400 44% 47,350 44 33,900 50 First preferred 44,810 46% Sale 29,110 50 Second preferred 112 Rensselaer & Saratoga.100 11,240 4,900 100 Rutland RR prof 70,470 402,370 21% Sale _100 St Louis-San tr ctfs_ 3,109 38,060 36% Sale Preferred A tr ctfs_ _100 23,700 194,400 22% Sale St Louis Southwest_ 100 109,350 34 Sale 20,550 100 Preferred 101,380 2% 3 20,680 100 Seaboard Air Line 83,700 4% Sale 12,200 100 Preferred 784,782 79% Sale _ _100 213,415 Southern Pacific Co_ 493,938 18% Sale 88,440 100 Southern Railway 15,200 139,820 46% Sale 100 Preferred 43,550 412,550 26% Sale 100 Texas & Pacific 14% 134,900 14 20,900 100 Third Avenue 15 16,000 14 TolSt L & West Ti reds_ 39,700 11,800 Series B 5,100 22% 24 Preferred trust rects 41,500 6,200 Series B 36 11,450 32 2,400 Twin City Rapid Tran_100 91 400 100 Preferred 44,250 393,550 126% Sale 100 Union Pacific 25,990 72 Sale 3,940 100 Preferred 103,700 8 Sale 12,400 United Rye Investment 100 4,300 72,250 20% 22 100 Preferred 313,100 6% Sale 100 142,300 Wabash 536,800 20% Sale 100 127,500 Preferred A 22,600 13% 14 4,800 100 Preferred B 95,400 8% Sale 21,700 West'n Maryl'd (new). 100 45,700 14% Sale 10,200 100 24 preferred 111,500 17% Sale 12,500 100 Western Pacific 33,100 51% 53 4,700 100 Preferred 108,080 631 Sale 79,080 100 Wheeling & L E Ry 70,550 12% Sale 19,700 100 Preferred 25,000 25 Sale 2,200 Wisconsin Central._ - 100 Industrial and M1scel. 100 Adams Express 100 Advance Rumely 100 Preferred Air Reduction Inc..-no par 50 Ajax Rubber Inc Alaska Gold Mines_ _ _ _ _10 Alaska Juneau Gold M_ _10 All American Cablea___100 100 Alliance Realty Allied Chem & Dye_ no par 100 Preferred 27 STOCKS-STOCK EXCHANGE RECORD 65% Sale 17% Sale 47% Sale 54 Sale 18 Sale % 1% Sale 114 116 63% May 16% May 46% May 53 May 16% May % May 1% May 112 May 18 67% May 10 19% May 17 48% May 11 55 May 11 18% May % May 5 8 2 May 1 116 May 22 1 1 3 31 10 17 18 48 Jan. 1074 Jan. 313% Jan. 45% Jan. 1334 Jan. % Jan. )4 Jan. 107 Jan. Mar. 29 12 69 19 193% Apr. 24 12 50 Apr. 12 3 5731 Mar. 28 8 16 18% Apr. 25 % May 10 13 24 134 Apr. 29 13 116 May 18 % 25 553% Jan. 3 723 May 15 6534 May 11 723-4 May 26 101 Jan. 3 703/ Sale 10934 May 26 10834 10934 1075% May 110074 May 3 % Jan. 4 52 Apr. 22 4734 May 11 503-4 May 2 37 248,500 39% Sale 50 Sale 4934 Sale Apr. 21 5 973% May 16 9934 May 3 8634 Jan. 25 100 Apr. 31 98 19,750 87 Sale 95 99 Sale 71 May 31 66 Jan. 66 400 693% May 31 71 71 Sale 63 % Mar. 10 May 18 4031 May a 2931 Jan. 3 417 Mar. 13 3731 98,750 30 Sale 3034 Sale 393-4 Sale Jan. 64 May 18 6874 May 1 56 Jan. 16 7034 Apr. 7 36,020 58 Sale 66 Sale 67% Sale 3 7734 May 1 58 70 May 31 71 7,700 57 Sale 70 Sale 71 Sale 52 Jan. 12 54 Mar. 3 52 May 20 52 May 20 2,100 49% 54 5134 55 31 May 12 4734 May 31 3134 Jan. 3 4734 May 9 38 91,500 34% Sale 41 Sale 4674 Sale 61 Jan. 11 72 Mar. 70 85 1,300 61 75 71% 73 11 49 May 11 4831 May 3 3131 Jan. 31 63% Apr. 22 43 121,500 35 Sale 463/8 Sale 46 Sale Apr. 4 59 May 31 6231 May 4 51 Jan. 18 107% May 22 50,100 52% Sale 59 Sale 60 Sale May 3 10738 May 22 985-4 Jan. 4,500 98 100 102 105 10731 110 105 Apr. 11 4534 May 11 497-4 May 2 3231 Jan. 5 503-4 Apr. 25 637,590 34% Sale 48 Sale 47% Sale 17 9331 Jan. 3 23,725 93% Sale 104% 105% 10594 Sale 10434 May 8 106 May 29 141 Jan. 10 10734 May 29 16434 May 67,000 145 Sale 160% Sale 1643-4 Sale 15634 May 1116434 May 17 6 11934 May 5 12034 May 17 11534 Jan. 27 12034 May 3 5,050 11431 120 Sale 12031 14 7 Jan. 1134 May 25 14 May 3 25 67,300 11% Sale 11% Sale 12% Sale Mar. 2 37 Apr. 20 425 31 1931 Jan. 10 303-4 May 31 249-4 May 1 3034 May 31 41 Jan. 11 61 May 31 3031 Sale 220,400 21% Sale 24% Sale May 50 May 1 61 61 Sale 19,820 44 Sale 55% Sale 63-4 Jan. 23 534 May 11 634 May 18. 4% Jan. 13 14334 Apr. 22 57% 6 69,692 434 Sale 6 Sale 112734 Feb. 1 138 13534 May 16 14034 May 19 12 Jan. 18 1734 Apr. 13 25,400 128% Sale 138% Sale 135 10 163-4 May 143.4 May 180,700 13% Sale 15% Sale 153-4 Sale Jan. 3 73 May 31 6534 May 11 73 May 31 58 Jan. 12 72 Sale 97,950 59% Sale 69% Sale 11434 Mar. 22 May 11 112 May 26 78 216,200 82 Sale 106 Sale 10934 Sale 101 9234 May 26 80 May 3 923.4 May 26 72 Jan. 13 88 Sale 33,700 72% Sale 80% Sale 3 Jan. 5 49% May 22 3 4231 May 11 4934 May 22 3834 49% Sale 419,400 41% Sale • 45% Sale 133-4 May 19 11% May 2 1314 May 19 93-4 Jan. 16 9594 May 10 13% Sale 134,800 934 Sale 12 Sale May 10 9631 9534 May 10 953-4 May 10 957-4 Jan. 10 4034 May 31 93 100 115 3234 May 12 407-4 May 31 295% 33% Sale 140,200 30%, Sale 399-4 Sale 537% May 10 60 May 31 5374 May 10 60 May 31 102 Jan. 511734 Apr. 22 59 Sale 56 Sale 56 Sale 28,700 May 21 616,400 10834 Sale 115% Sale 1145% Sale 11134 May 111173% May 91 112 Jan. 12 118 Mar. 13 114 116 Sale 1157-4 116 116 May 111691 10,568 I 123-4 Mar. 18 13 Mar. 28 700 12% 15% May 19 93 May 1110334 May 19, 82 Jan. 30 1039.4 Apr. 6 87% 98 Sale 99 100 47,200 85 79-1 May 11 33-1 Jan. 31 85% 73% Sale 634 May 11 7 Sale 237,000 4% Sale 2491 May 31 31, 574 Jan. 3 163.4 May 11 2494 May 18% Sale 2434 Sale 534,600 6% Sale Feb. 8 93 Apr. 12 927-4 9334 923-4 May 1 93 May 23 87 Jan. 6 92% Sale .4,070 88% 100 6794 May 19 5474 May 11 6734 May 19, 433-4 Sale 66 59 Sale 384,210 4531 Sale 99 May 231 8634 Jan. 4 99 May 23 9631 May 16 98 .Sale 32,425 86% Sale 98% Sale May 31, 1093-4 Jan. 3 138 Feb. 16 19,550 111 Sale 132 13434 13631 Sale 132 May 111363-4 May 6 957% Apr. 24 9574 Apr. 24 9296 943-4 May 6 943-4 May 1 30% Jan. 26 4094 Apr. 24 91 96 94 500 89 37 May 11 39% 38 Sale 302,100 x33 Sale Apr. 24 3934 Sale Feb. 8 98 May 26 100 May 3 91 Jan. 4 100% May 31 99 99% 100 6,400 95 Sale 79 7 7234.May 11 797-4 May 31; 543.4 Sale 79 75% Sale 506,100 56% Sale 1 106 May 29 84 Jan. 3 106 May 29 May 36,474 85 Sale 101 Sale 106 108 101 May 29 32 May 12 47 May 29 2331 Feb. 14 47 Jan. 16 34% Sale 453-4 Sale 338,100 34% Sale May 1 70 May 29 5231 Feb. 18 71 Mar. 22 GO 70 Sale 60 Sale 22,300 6834 Sale 25 70 Feb. GO% May 3 62 May 11 54 Jan. 4 1335 May 23 583-4 60 5,795 52% 57 % 11 1333% May 23 11434 246,840 115% Sale 122% Sale 12334 Sale 1213.4 May 1114594 May 29, 1293-4 Jan. 5 1453-4 May 29 4 / 132% Sale 140% Sale 14434 Sale 1368 May 180,550 12 103 May 23, 9634 Jan. 3 103 May 23 23,026 96% Sale 101% Sale 1023-4 Sale 10034 May 11 14234 May 311126 Jan. 3 14234 May 31 114,681 128% Sale 136 Sale 142 Sale 1343-4 May 14 Apr. 17 1134 May 4 1334 May 21 6 Jan. 7 84 Apr. 13 13 12 22,400 5% 6% 13 Sale 4 80 May 10 80 May 10 67 Jan. 4 327 Apr. 12 83 70 84% 78 75 3,200 63 % May 1 173.4 Jan. 32 18 31 293% May 4 3234 32% Sale 25,200 17 89 Feb. 21 953 Jan. 21 9134 95 90 93 90 1,300 92 5 7831 Jan. 10 95% Apr. 17 4 896% May 11 943 May 9231 Sale 9131 Sale 368,400 81% Sale May 6 102 Jan. 11 108% Mar. 8 May 11,760 102 104 106 106% 106 107% 106 May 1110674 May 22; 22 Feb. 18 3734 Apr. 15 1 3534 33 34 Sale 3:3 Sale 38,100 23% 25 3 20% May 18 17% May 11 20% May 18; 12 8 Jan. 18 20 Sale 19 Sale May 19 59,400 123.4 Salo 43% May 3 4831 May 19, 36 Jan. 31 48% May 31 47 Sale 35% 40% 41 44 19,900 57 51n May 11 57 May 311 47 Jan. 20 15 Feb. 20 565 Sale 53% Sale 731,750 649% Sale 1 15 Feb. 16% 15 13 14% 16% 14 % Jan. 7 274 Mar. 14 May 4 13% May 261 1A 1 1 2 1% 1 1 1% 2 12,550 5 57% Mar. 17 537 May 12 5734 May 11 43 Jan. 6 8334 Apr. 19 56% Sale 45% Sale 57 Sale 112,800 Jan. 76 8034 May 16 8234 May 13 75 Jan. 17 86 May 9 81% Sale 84 81 9,175 75 76 83 May 22 86 May 9 83 78 84 82 82 May 3 4,700 73 May 113534 May 3 99 Jan. 31 135% Apr. 17 105 119% Sale 124% Sale 119 44,600 101 5% 4 3% May 18 43 May 24 2% Jan. 3 43% May 29 494 Sale 2% Sale 4% Sale 291,050 34 May 1 43% May 29 243% Jan. 31 407% Sale 34% Sale May 29 390,700 3034 Salo 1634 Feb. 28 2334 May 1 31% May 29 21 Jan. 10 3134 Feb. 9 30 Sale 23% Sale 42,600 2234 Sale 2374 3,100 223-4 Salo 1 900 Mar. 7 1145 May 1 May 551 1000 1050 1130 Sale 1060 1100 1090 May 2 1145 May 26 113 Jan. 9 117 Feb. 8 % 4,150 113% 114% 115% Sale 114% 115% 114 May 181153 I 66% Sale 107% Sale 96,2 28 STOCKS -STOCK EXCHANGE RECORD SALES TO JUNE 1. STOCKS N Y STOCK EXCH'GE In Since May. Jan. 1. Price about Jan. 3 1922. PRICES IN MAY. [VOL. 114. L RANGE SINCE JAN. 1. May 1. May 31. Lowest. Highest. Lowest. Highest. Par Shares. Shares. Bid. Ask. Bid. Ask. Bid. Ask. Sale Prices. Sale Prices. Sale Prices. Sale Prices. Atlas Powder 100 200 200 120 125 121 127 125 May 12 12634 May 20 120 Apr. 29 1263-4 May 20 Atlas Tack Corp_ ___no par 4,200 29,000 1231 16 18% Sale 19% Sale 18% May 1 2234 May 4 1394 Feb. 16 22% May 4 Austin,Nlchols&Cono par 91,700 282,924 931 1034 25 Sale 32 Sale 2434 May 1 32 May 31 934 Jan. 5 32 May 31 Preferred 100 4,800 15,300 66 89% Sale 84 May 2 8931 May 31 68 Jan. 9 80% May 31 7031 85 Sale Auto Sales Corp 50 600 5,100 331 Sale 4% Sale 3% 4 4% May 2 48 May 1 334 Jan. 3 7 Mar. 17 % Preferred 10 800 3,200 15 Sale 14 Sale 11 1434 12 May 3 1431 May 2 14 Jan. 10 1534 Mar. 16 Baldwin Locomotive_ -100 270,600 1,651,968 9831 Sale 115% Sale 118% Sale 11331 May 11 120 May 2 9334 Jan. 13 120 May 2 Preferred 100 1,200 4,200 103 105 110 114 113 114% 10931 May 15 113 May 27 104 Jan. 13 113 May 27 Barnet Leather____no par 2,400 .10,700 33 8 52 45 51 54% Sale 49 May 9 54% May 31 40 Jan. 19 54% May 31 Preferred 100 1,500 85 00 94 88 88 96 89 Mar. 16 96 Mar. 16 Barnsdall Corp. Class A..25 132,100 308,700' 1831 25 54 Sale 48% Sale 42% May 8 5431 May 1 19% Jan. 16 5634 Mar. 28 Class B 25 22,400 97,025 1931 Sale 37% Sale 36% Sale 31% May 12 38 May 1 1931 Jan. 9 39 Mar. 27 Batopilas Mining 20 11,600 61,410 1 13.4 1% 134 1 May 2 134 May 25 34 Jan. 14 1% Mar. 24 Bayuk Bros no par 1,650 2,150 33 43 48 35 May 4 50 May 10 33 Apr. 28 50 May 10 Beech Nut Pack,pref.._ 100 101 96 106 104 108 101 Jan. 17 101 Jan. 17 Bethlehem Steel Corp..100 14,300 77,9151 5234 5434 7434 Sale 7536 76 73% May 16 79 May 12 51 Jan. 10 79 May 12 Class B common_.._100 203,800 917,000 5731 Sale 78 Sale 7758 Sale 76% May 16 8231 May 12 5534 Jan. 3 8234 May 6 Preferred 100 3,500 31,800 893j 91 9634 99 94 May 16 100 May 3 9031 Mar. 7 101 Apr. 15 9934 Sale Cum cony 8% pref 100 3,915 42,633 104 10631 112 114 112 113% 1114 May 11 114 May 12404 Jan. 4 114 May 12 Booth Fisheries___-no par 7,400 68,400 554 6 6 634 634 Sale 6 May 2 734 May 3 49-4 Jan. 10 9% Feb. 10 let preferred 100 200 30 36 34 Mar. 14 36 Mar. 8 British Empire Steel 100 2,000 9,100 7 12 14 Sale 9 10% May 8 14 May 31 834 Jan. 9 14 May 31 1st preferred 100 1,210 13,310 5831 Sale 75% Sale 75 Sale 72 May 22 76 May 18 58 Mar. 2 765 Apr. 15 4 2nd preferred 100 6,490 26,590 213 Sale 2534 27 35 Sale 26 May 11 3631 May 31 1931 Mar. 36% May Brooklyn Edison,Inc..-100 4,225 9,558 100 Sale 105 109 10834 Sale 1053 May 25 110 May 5 100 Jan. 17 110 May 31 % 3 5 Rights 28,337 48,650 2% Sale 2% May 1 3 May 26 % Apr. 19 3 May 26 Bklyn Union Gas 100 13,800 38,600 7234 Sale 101% Sale 110 112 100 May 3 11231 May 29 70 Jan. 31 11234 May 29 Brown Shoe,Inc 100 12,400 34,200 40 44 47 Sale' 50% Sale 45 May 11 52% May 19 42 Jan. 16 52% May 19 Preferred 100 700 1,700 85 91 90 Sale 91 91% 89 May 12 9134 May 23 9031 Apr. 29 9231 Apr. 17 Brunsw'k Term&RySec100 1,800 11,600 231 3 4 4% Sale 4% 4 May 11 4% May 1 23 Jan. 14 4% May / A Burns Bros 100 50,400 174,000 11831 Sale z131% Sale 137 Sale z1.3134 May 1 138 May 4 11331 Jan. 10 138 May 4 Preferred 100 1,800 6,700 10631 118 97% 9834 9734 Sale 95 May 25 98% May 3 04 Feb. 8 0931 Mar. 21 Prior preferred 100 114%416% 400 112 Jan. 27 116 Feb. 9 New class B common__ _ 66,700 219,900 325 Sale 46% Sale 40 39 May 11 47% May 29 2831 Jan. 19 47 May 29 41 Bush Term.Bldgs,pf_.100 2,800 97 Sale 96% May 13 97% May 1 87i Jan. 3 9754 May 1 13,900 8731 Sale 97% Sale Butte Cop dr Zinc t c___5 • 32,500 97,600 531 Sale 7% Sale 7 Sale 6% May 11 8% May 19 5 Mar. 1 831 May 19 Butterick 100 13,000 27 Sale 57,300 3131 Sale 28% Sale 26 May 12 2934 May 18 26 Apr. 26 34 Mar. 9 Butte & Sup Mining- __10 71,400 32 Sale 21,500 22 Sale 30 Sale 28% May 11 33% May 18 20 Jan. 4 3394 May 18 Caddo Cent Oil,SyM no pat 21,600 132,100 11 Sale 13% Sale 12% May 11 14% May 4 1031 Jan. 11 1531 Apr. 15 1331 Sale Calif Packins Corp_no par 13,600 106,900 69% Sale 4 79 Sale z7834 Sale 77% May 11 80 May 1 68 Jan. 11 80 Apr. 25 Calif Petroleum 100 103,300 309,700 47% Sale 62 Sale 57% Sale 5434 May 11 63% May 31 4334 Jan. 10 6331 May 31 Preferred 100 2,000 16,200 8431 Sale 97 05 Sale .95 95 May 1 97% May 8 83 Jan. 3 9831 Apr. 17 Callahan Zinc-Lead._..10 184,898 391,248 6 Sale 10% Sale 7% Sale 7% May 1 11% May 27 534 Feb. 18 11 38 May 27 Calumet dr Arizona Mg_10 3,600 9,620 5731 59 64 Sale 59 Sale 58 May 11 64% May 31 57% Apr. 5 64% May 31 Carson Hill Gold 1 2,800 43,5001 11 Sale 14% 13% May 11 15% May 2 11 Jan. 3 163 Mar. 29 1234 15% 12 % Case (J I) Plow____no par 2,900 10,100 334 5 5% Sale 5% Sale 4% May 18 5% May 1 3 Mar. 8 6% Apr. 20 Case(JI)Thresh M pfctf 100 500 3,985 70 Sale 83 88 88 Sale 83 May 4 88 May 1 68 Feb. 1 85 Apr. 29 Central Leather 100 75,500 386,800 31 34 Sale 40% Sale 38% Sale 36 May 11 41% May 31 293% Jan. 10 41% May 31 Preferred 100 14,700 58,460 647 Sale 73 Sale 743-4 Sale 68% May 11 74% May 31 63% Jan. 6 74% May 31 Cerro de Pasco Cop_no par 55,400 157,400 34 Sale 39% Sale 36% Sale 36 May 11 40% May 26 32% Jan. 4 40% May 26 Certain-Teed Prod_ no par 5,300 16,200 30 4734 48% 45 May 1 51 May 18 34 Feb. 14 .51 35 45 Sale May 18 let preferred 100 410 83 93 00 96 85 Jan. 13 89% Feb. 2 Chandler M Car(The)no par 67,700 1,012,200 5031 Sale 75 Sale 74% Sale 7134 May 11 763 May 2 47% Jan. 5 7934 Apr. 8 % Chic Pneumatic Tool 100 4,400 17,000 60 64 66% Sale 6434 May 16 6731 May 3 60 Jan. 14 71 Aim% 6 67 Sale Chile Copper 25 221,800 698,100 16 Sale 227 Sale 4 19 Sale 1894 May 11 2534 May 29 1534 Jan. 5 253/ May 29 Chino Copper 67,100 273,700 275 Sale % 32% Sale 29% Sale 2734 May 11 3234 May 29 253% Feb. 27 323 May 29 4 Cluett. Peabody & Co_100 12,100 41,300 4734 Sale 56% Sale 54 Sale 54 May 1 593-4 May 2 43 Jan. 11 6034 Feb. 3 Preferred 100 100 1,410 85 Sale 92% 06 90 98 94 May 15 05 May 11 85 Jan. 3 95 May 11 Coca Cola no par 141,525 505,225 4334 Sale 56% Sale 70% Sale 5534 May 5 7234 May 31 41 Jan. 5 7234 May 31 Colorado Fuel dc Iron. ..100 62,500 153,900 25 Sale 32 Sale 3334 Sale 307% May 3 37 May 18 24 Jan. 10 37 May 18 Preferred 100 100 300 120 106 May 3 106 May 3 1017 Apr. 18 106 May 3 % Columbia Gas dc Elec 100 64,900 424,700 66 Sale 88 Sale 87% Sale 86 May 11 897% May 8 6331 Jan. 4 8931 May 8 Columbia Graphoph.no par 103,300 686,644 294 Sale 5 Sale 4% Sale 431 May 11 5 May 1 134 Jan. 26 534 Apr. 26 Preferred 100 130,700 10 Sale 6,900 1834 Sale 17 17% 163-4 May 15 1934 May 2 5 Feb. 9 2034 Apr. 25 Computing-Tab-Bee no par 125,400 404,600 5934 Sale 7734 Sale 89% Sale 635 May 11 79 May 3 5534 Jan. 3 793 Apr. 26 % Consolidated Cigar_no par 3,900 31,300 20 24 26 30 2734 May 12 2934 May 22 1834 Feb. 10 3034 Apr. 11 32% Sale Preferred 100 1,300 6,100 593.4 Sale 5534 64% 70 62 May 3 70 May 23 47 Feb. 16 70 May 23 72 Consol Distrib, Inc_no par s, 2,820 56,020 A % Sale zji May 4 z% May 24 % Sale Feb. 3 a 17 2 Mar. 16 0 Consolidated Gas N Y_100 100,430 405,905 9131 Sale 116% Sale 116% Sale 114% May 11 120% May 6 85 34 Jan. 30 120 May 6 Oonsol Textile no par 235,300 645,400 1434 Sale 13% Sale 1234 May 31 14% May 19 12 Feb. 16 155 Apr. 20 13 Sale Continental Can Inc_ _ _ 100 16,200 85,100 4734 Sale 66 Sale 67% Sale 62 May 11 69 May 2 4594 Jan. 4 69 May 2 Preferred 100 300 800 10031 Sale 10334 10394 May 4 10331 May 4 100 Feb. 11 104 Feb. 11 103 Continental Insurance....25 800 5,950 66 Sale 71% 72 72 May 10 75 May 31 66 Jan. 3 75 May 31 75 Sale Corn Products Helm. .100 105,300 748,100 z93 Sale 104 Sale 102% Sale 99 May 9 10434 May 1 9134 Jan. 4 10834 Mar. 3 Preferred 100 1,800 9,750 z109 11234 114 117 114 115 114% May 23.117 May 10 111 Jan. 10 117 May 10 Cosden & Co no par 292,000 1,118,000 z3631 Sale 4334 Sale 41% May 11 4534 May 26 3131 Jan. 10 4531 May 26 44% Sale Crex Carpet 100 200 25 40 34 44 3534 May 18 3534 May 18 29 Feb. 4 3531 May 18 34 44 Crucible Steel of Amer_100 246,300 871,200 6734 Sale 64% Sale 74% Sale 6431 May 1 7734 May 13 5294 Feb. 27 7734 May 13 Preferred 100 4,000 27,100 85 8531 91% Sale 9134 May 1 95 May 2 80 Jan. 17 95 May 2 96 Sale Cuba Cane Sugar..__no par 43,100 403,900 831 Sale 16% Sale 15 May 11 1734 May 22 834 Jan. 11 193 Mar. 15 % 1734 Sale Preferred 100 38,400 388,380 16 Sale 3434 Sale 32 May 8 36 May 31 1534 Jan. 3 4094 Mar. 15 36% Sale Cuban Amer Sugar 10 105,700 471,300 15 Sale 22% Sale 25% Sale 2031 May 11 25 May 31 1434 Jan. 3 2634 Mar. 14 Preferred 100 2,700 80 8,500 72 94 94% 91% Sale 90 May 18 94 May 7834 Jan. 17 9431 Apr. 18 Davison Chem•t c_no par 62,400 800,700 52 Sale 61 Sale 59 Sale 5534 May 1 6231 May 2 483 Jan. 10 655% Apr. 6 DeBeers Cons Mines no par 33,600 66,650 16 1631 2134 Sale May 1 22 May 31 1534 Jan. 13 233/, Apr. 26 22% Sale 203.4 Deere & Co pref 100 500 3,200 60 63 72 75 7234 May 4 80 May 8 61 Feb. 9 80 May 8 80 Sale Detroit Edison 100 2,700 20,435 97 101 106% Sale 108 109 10634 May 11087%May 22 10094 Jan. 111087% Mar. 21 Dome Mines Ltd (The)_1u 25,600 338,700 1834 Sale 27% Sale 27 May 11 2931 May 27 1834 Jan. 4 2931 May 27 28% Sale Durham Hoe Mills "B"..50 463 563 29 19 20 May 2 26 May 2 20 Mar. 25 26 May 2 28 20% 37 Preferred 100 850 920 80 95 87 72 May 8 8134 May 13 80 Apr. 25 8134 May 13 90 Eastman Kodak 100 996 3,362 635 765 Sale 762 May 4 775 May 2 600 Jan. 9 800 Apr. 15 Preferred 100 40 107 10531 Mar. 9 108 Feb. 14 107 Eastman Kod Co(new)100 12,600 12,600, 75 May 23 7734 May 15 7534 May 23 7734 May 15 x76 Sale El du Pont de NemerCo100 1,600 1,600 119 Sale 115 May 27 119 May 31 115 May 27 119 May 31 6% cumul pref ___no par 900 900' 82 Sale 8134 May 27 82 May 31 8131 May 27 82 May 31 Electric Stor Battery..-100 141,679 120 125 169 Sale 4,900 169 May 117334 May 5 125 Jan. 18 17934 Apr. 15 El Stor Batt (new)..no par 46,500 46,500 42 May 16 4531 May 31 42 May 16 45 May 31 44% Sale 1 Elk Horn Coal Corp_ _ _ _50 9,300 48,800, 1631 Sale 20 22 19 May 11 22 May 31 1434 Jan. 25 22 Apr. 24 2234 Sale Preferred 50 200, 36 38 34 Mar. 23 36 Mar. 27 38 40 Emerson-Brantingham 100 5,300 10,800 231 4 7 Sale May 29 234 Jan. 4 11 May 29 7 May 1 11 10% Sale Preferred 100 3,300 6,100: 18 22 2834 Sale May 31 22 Jan. 18 4136 May 31 2831 May 1 41 4134 Sale Endicott-Johnson 50 19,800 196,200 7831 Sale 8434 Sale 8434 Sale 8031 May 11 853-4 May 31 7634 Jan. 10 8731 Apr. 19 Preferred 100 1,900 9,400; 1023% 106 111 11034 112 110 May 17 11294 May 4 104 Jan. 5 11234 May 4 Fairbanks Co (The).. ...25 1,400 1,600, 10 30 18% 25 15 May 13 2034 May 29 15 May 13 2054 May 29 20 Sale Fain Players Laskey no par 106,660 891,060, 7831 Sale 82 Sale 86 Sale 7934 May 11 87 May 29 7631 Jan. 31 8731 May 29 Preferred 100 2,900 35,000, 96 Sale 94% Sale 95% Sale 93 May 18 97 May 22 9134 Jan. 28 99 Jan. 14 Mg Federal Min & Smelt 100 6,300 10,300, 9 Sale 10% 13% 10 15 •12 May 13 1634 May 17 9 Jan. 3 1634 May 17 Preferred 100 28,200 56,600, 30 Sale 3 45 Sale 52 Sale 4134 May 11 5394 May 17 3734 Mar. 14 534 May 17 Fisher Body Corp. .no par 6,230 41,430, 803.4 Sale 116 Sale 116 120 114 May 16 122 May 3 75 Jan. 5 12734 Apr. 20 Preferred 100 1,700, 103 112 103 110 103 109 106 May 5 106 May 5 10031 Jan. 12 106 May 5 100 Fisher Body Ohio.pref..100 3,000 20,300 7734 Sale 96 97 95 May 15 9831 May 24 7631 Jan. 5 9831 May 24 977 98 4 Fisk Rubber 25 80,700 171,1001 1231 Sale 1831 Sale 18% Sale 1731 May 11 1931 May 2 1194 Jan. 10 1934 Apr. 25 Freeport Texas Co.._no par 376,800 112,300, 14 Sale 1734 Sale 22 Sale 1634 May 27 223 May 31 1234 Jan. 24 22 AMay 31 Gas,Wms& Wig.Inc no par 6,900 21,200, 34 Sale 3-4 May 5 4 Sale % Sale 4 May 4 % Jan. 3 134 Mar. 16 Gen'l Am Tank Car no par 1,600 11,400, 45 53 61 Sale 60 Sale 60 May 3 6731 May 8 4594 Jan. 14 67 May 8 7% preferred 100 800 800, 98% Sale 9734 May 19 9834 May 31 971 May 10 9831 May 31 General Asphalt 100 134,500 108,500 6531 Sale 63 Sale 65% Sale 5931 May 1 66 May 31 55 Jan. 20 67 Apr. 17 Preferred 100 2,700 12,700 103 Sale 92 102 103% Sale 9434 May 0 104 May 31 90 Jan. 10 104 May 31 eneral Cigar. Inc 100 16,100 69,400 68 Sale 72 Sale 76% Sale 70 May 11 7631 May 29 65 Mar. 3 7631 May 29 Deben pref(7%) 100 700 4,809 94 96 99% Sale 10134 102% 9994 May 1 102 May 23 94 Jan. 4 10234 Jan. 18 Preferred 100 100 1,100 101 105 101 105 100 106 102 May 11 May 17 10034 Mar. May 17 General Electric 100 15,912 102,886, 13931 Sale 16334 Sale 165% Sale 162 May 10 105 May 10 136 Jan. 18 105 May 10 1663.4 9 16634 I H STOCKS Price about Jan. 3 1922. Since Jan. 1. In May. Par Shares. Gen Motors Corp no par 431,900 2,800 100 Preferred 13,250 SV debenture stock 100 8,6001 debenture stock_100 7% 501 Gilliland Oil pref (8%)_100 16,1001 no par Glidden & Co 42,0001 no par Goodrich (BF) 3,4001 __100 Preferred 91,700 Granby Cons M.S & P _ 100 337 Rights 7,000 Gray'& Davis, Inc_no par 9,800 Greene Cananea Copp- 100 10,300 Guantanamo Sugar_no par 'Gulf States Steel tr ctfs 100 119,300 100 100 1st preferred 22,500 Habirshaw El Cab ..no par 4,400 Corporation_ 100 Hartman Haskell & Barker C_no par 100 Belme(G W) 20,800 'Hendee Manufacturing 100 1,800 Mining_ _ _100 -Homestake Houston 011 of Texas_ _100 105,700 61,300 Motor Car Corp_ _10 Hupp Hydraulic Steel_ __ no par 192,400 400 100 Preferred 34,650 5 .Indlahoma Refining 28,900 10 'Indian Refining 65,200 'Inspiration Cons Cop_ _20 3,400 'Int Agile Corp v t c_ _100 3,800 100 Preferred v t c 40,800 Internat'l Cement_ _no par 32,500 par 'Inter Combust Eng_no May 1. 43,200 15,200 252,600 297,900 223,680 700 92,250, 60,800, 180,000 18,300 30,500' 102,900 237,400, 17% 21% Sale 16 71% Sale 55 Sale 79 Sale 76 Sale 18% Sale 11% Sale . 7% 7% 7 5% 35 30 4% Sale Sale 3% 6% Sale 7% Sale 41% Sale 40 Sale 107 Sale 7% 9 % 35% 393% Sale 34 35% Sale 27% Sale 25% Sale 1 Mexican Petroleum_ _ _100 100 Preferred 5 Miami Copper 10 Middle States 011 50 Midvale Steel (lc Ord 100 Montana Power 100 Preferred Montg Ward & Co..-no par no par Body Mullins 100 Preferred 50 National Acme Nat Bk of Commerce.. 100 41,100 300 5,400 400 12,100 20,100 99,000 6,000 71,300 10,400 86,100 12% 15% 1,300 62 68 % 2% 73,7001 31% Sale 4,3001 90 55,800' 34% 161,600' 33 1 100% 110% 301,800 26% Sale 9 58,000, 5 304,700 21% Sale 36,100 22% Sale Highest. Sale Prices. May 22 15 82% May 23 83 May 22 95% May 23 55 May 31 May 29 18 44% May 3 90% May 31 May 24 35 5% May 3 19% May 31 34% May 29 13 May 31 88 May 2 97% May 11 2% May 4 May 23 91 20 70 76% 17% 7% 30 4% 6% 39% 10% 39% 35 25% 22% Sale 69% 71 80 Sale 20% Sale 12% Sale 60 52 4% Sale 9% Sale 44% Sale 11 Sale 41 Sale 36% Sale 25% Sale 104% Sale 111% Sale 243% Sale 84% Sale 18% Sale 84 80 52 Sale 95 85 70% Sale 60 18% Sale 32% Sale May May May May May May May May May May May May May 95% May 1115% May 21% May 80% May 16% May 77% May 48% May 94% May 67% May 9 16 11 11 10 9 11 1 11 17 1 1 27 25 73 833% 213% 123% 44 5% 10% 443% 11% 42% 38% 27% May May May May May May May May May May May May May 2 105 May 31 1123% May 11 27% May 11 87% May 11 181% May 11 82% May 11 54% May 2 95 May 11 70% May Highest. Lowest. Lowest. Sale Prices. 12% May 11 79% May 1 79 May 1 93 May 4 55 May 31 13% May 9 39% May 11 85% May 11 255% May 1 3% May 3 16 May 25 3034 May 10 10% May 15 79% May 11 97% May 11 1% May 18 85 May 31 May 31. Ask Ask. Bid. Ask. Bid. Shares. Bid. 14% Sale 12% Sale 2,083,450 10 Salo 82% 81 79% Sale Sale 17,300 72 79% Sale 81% 82 74,300 70% Sale 91 90% Sale 90 31,350 81% 85 70 50 55 Sale 70 911 35 16% Sale 16,100; 41% Sale 43% Sale 147,150 36% Sale 89 Sale 87 90 Sale 82 15,400 25% Sale 34 Sale 112,528 28% Sale 15,837 19% Sale 54,000 12 Sale 31% Sale 34,450 27% Sale 347% Sale 12% Sale 11% Sale 94,725 9% Sale 84 Sale 86% Sale 47 Sale 757,740 06 810 77% 95 983% 2% Sale 1% Sale 13% 1 154,700 95 87% Sale 85 13,900 82 Sale 78% Sale 26,900 97 95 186,200, 81% Sale 14,400 Internat Harms,new _.100 7,650 106 Sale 112% Sale 400 100 Preferred, new 23% Sale 310,890 14% Sale 100,000 Internat Mere Marine_100 843% Sale 631,300' 65% Sale 100 104,100 Preferred 83,950 2,965,150 12% Sale 187% Sale International Nickel_ _ _ 25 80% Sale 51,750 61 Sale 100 850 Preferred 51% Sale 235,100 52 Sale 75,700 _ _100 International Paper_ 95 80 410 90 101 400 100 Preferred 68 Sale 43,505 71% Sale 7,000 Preferred stamped.._100 45 100 International Salt 18% Sale 888,390 14% Sale 50 161,700 Invincible Oil Corp 31% Sale 224,935 25 Sale 63,435 Iron Products Corp_no par 300 1 Island Creek Coal A Sale 879,900 2% Sale 143,000 Island Oil & Tramp__ _ _1 20% Sale 133,700 11 Sale 11,300 100 Jewel Tea,Inc 27,700 39 44 68% Sale 5,200 100 Preferred 109,250 36% Sale 41% Sale 25,350 Jones Bros Tea Inc_ _ _ _100 433,800 7% Sale 5% Sale 100,200 Kansas & Gulf 5,635 85 Sale 300 Kayser (Julius) & Co_ _100 215 100 120 100 1st preferred 182,700 34 Sale Kayser (J)&Co(new)no par 182,700 14,100 94 Sale 14,100 1st pref (new)_ _ __no par 542,800 43 Sale 51 Sale Kelly-Springfield Tlre_ _25 131,100 2,500, 71% Sale 85 82 300 100 Preferred 6% 9,446, 92 96 98% 101 2,984 100 Preferred 8% 62,000, 62% Sale 103 Sale 3,300 • Kelsey Wheel. Inc _ _ _100 3,0921 104 100 Preferred 787,800 26% Sale 33 Sale Kennecott Copper_ _no par 256,800 571,500 17% Sale 21% Sale Keystone Tire & Rubb_ _10 139,000 83,000' 174 Sale 141% Sale 3,900 100 Kresge (S 8) Co 500 104 107 100 100 Preferred 52,700' 90 80 100 100 Kress (S H)& Co 218,900 46% Sale 58% Sale 100 143,000 Lackawanna Steel 39,000 46 9,400 48 65% Sale Laclede Gas (St Louis)..100 172,400 28 Sale 17,000 345% Sale Lee Rubber & Tire_ _no par 11,123' 160 164 4,683 160 170 Liggett & Myers Tob 100 5,630 158 164 900 100 160 165 Series B 17,600 107 109 900 100 112 115 Preferred 135,100 91% Sale 110% Sale 44,100 Lima Locom Wks,Inc_100 77,235' 101% Sale 111% Sale 1,700 100 Preferred 250,900, 13% Sale 44,300 17% Sale LOOWS IIICOrpOrated_no par 66,9491 9% Sale 17,100 12% Sale Loft Incorporated_no par 35,300' 36 3,900 39 49 Sale Loose-Wiles Bis tr cas_100 700' 07 Sale 100 99 103 1st preferred 1,300 95 110 100 100 110 118 20d preferred 37,500 150 16,400 100 148 151 Lorillard (P) 1,750 108 111 400 100 111 113 Preferred 485,100 27,000 19% Sale McIntyre Por Mines_ _ _ _ 5 11,100 71% 70 3,500 91 Sale Mackay Companies_ _ _100 3,8671 57 600 60 100 64% Sale Preferred 295,800, 28% Sale 47% Sale 83,500 Mack Truck,Inc___no par 45,900; 73 Sale 6,500 100 86 Sale 1st preferred 22,970 58 60 2,900 100 78 Sale 2d preferred Mallinson(HR)4tCo no par 100 Preferred 100 Manhattan Beach 100 &lanai,' Sugar 100 Preferred Manhattan Elec Sup no par 25 Manhattan Shirt 100 Preferred no par Marland 011 Marlin-Rockw•t c_no par Martin Parry Corp_no par Mathieson Alkali Wks_ _50 Maxwell Motor tr ctf _ _100 Certificates of deposit_ do stamped assented__ 1st preferred tr ctf_ _100 Certificates of deposit do stamped assented 2d preferred tr ctf _ _i00 Certificate's of deposit do stamped assented ' Maxwell Mot W V Cl A100 no par Class B 100 May Dept Stores 100 Preferred RANGE SINCE JAN. 1. PRICES IN MAY. SALES TO JUNE 1. Y STOCK EXCH'OE I 29 -STOCK EXCHANGE RECORD STOCKS JUNE, 19221 Sale Prices. Sale Prices. 8% Jan. 5 15 May 22 69 Jan. 24 82% May 23 67% Mar. 6 83 May 22 793% Mar. 8 95% May 23 45 Jan. 12 78 Apr. 6 May 29 13% May 9 18 34% Jan. 4 44% May 3 80% Jan. 7 91 Apr. 22 26 Apr. 3 35 May 24 % Apr. 21 % Apr. 26 12 Jan. 3 19% May 31 253% Feb. 27 34% May 29 7% Jan. 31 145 Mar. 15 % 44% Jan. 9 903% Jan. 20 Mar. 29 97% May 11 95 % Jan. 20 3% Mar. 16 82 Jan. 3 103 Mar. 13 76% Jan. 5 84% Jan. 18 15 Jan. 12 55 Jan. 3 70 Jan. 9 105% Jan. 6 5 Mar. 9 30 Apr. 18 3% Jan. 27 5 Jan. 20 373% Feb. 10 7% Jan. 6 33 Jan. 16 26 Jan. 23 22% Mar. 3 27 2 5' 171 311 16 26 26 31 4 4 8 3 18 79% Jan. 3 105 May 18 1. 1055% Feb. 14 112% May 1 3 13% Jan. 4 27% May 3 3 62% Jan, 4 87% May 3 1' 11% Jan. 9 193% Apr. 24 6 60 Jan. 4 85 Jan. 20 3 43% Mar. 8 54% May 3 3 94% May 2 100 Mar. 23 27 59 Mar. 9 71% Jan. 3 May 23 127% Jan. 5 20 Apr. 3 17% May 6 19 29 May 6 345% May 18 24 -Jan. 19 35 Feb. 23 Apr. 17 1110 Apr. 17 111 3 Jan. 25 5% Apr. 5 1% May 11 % May 1 13% Sale 4 22% May 2 20% May 16 223% May 2 10 Jan. 21% Sale 68% May 1 733% May 26 385% Jan. 4 73% May 26 72% Sale 40% May 8 46 May 31 343% Feb. 11 46 May 31 45% Sale 45% Mar. 17 7% Jan. 3 4% May 8 55% May 1 5 Sale 105 May 2 110 May 5 81 Jan. 17 110 May 5 110 Jan. 13 1153% Feb. 16 May 1 47% May 8 34 May 1 47 1 May s 34 42% Sale May 1 1031 May 15 94 May 1 1035% May 15 94 102 103 48% May 11 533% May 5 343% Jan. 4 53% May 5 Sale 51 84 May 8 85 May 3 713% Jan. 3 85 May 3 83% 86 107 107% 102 May 3 1073% May 9 003% Jan, 4 107% May 9 Apr. 6 95 May 11 1043% May 13 61 Feb. 9 111 103 Sale I 903% Jan. 23 106 Mar. 31 100 104 31% May 11 395% May 31. 253% Jan. 4 39% May 31 38% Sale 19% May 15 245% May 4. 155% Jan. 3 24% May 4 21% Sale 3 10 140 Sale 1373% May 15 142 May 5. 110 Jan. 27 174 Jan. 19 1103% Jan. Sale 108 May 31 108 May 311106 Jan. 108 1 89 100 % 57% May 11 815 May 16 44 Feb. 27 813% May 16 77 Sale 65% May 1 82 May 12 43 Jan. 13 82 May 12 80% Sale 32% May 11 343% May 2 263% Jan. 6 353% Mar. 16 333% Sale 18 1723% May 172% Sale 165 May 6 1723% May 31, 153 Feb. 17,170 Mar. 31 2 169% Sale 163 May 3 170 May 31-100 Jan. 10,116 Mar. 7 5 115 May 31; 108 Jan. 115 Sale 1123,1 May 3 % 114 Sale 107 May 11 1177 May 25; 91 Jan. 30 1175% May 25 117 May 25 114 Sale 111% May 1 117 May 25 93 Jan. % 15% May 17 17% May 1, 107% Jan. 28 185 Apr. 17 16% Sale May 3 9 Jan. 9 143% May 3 12% May 1 1431 13% Sale 47% 48% 44% May 11 5031 May 1 36 Jan. 7 513% Apr. 15 97 Jan. 3 99 Mar. 9 993% 103 May 31 1093% Mar. 9 115 Apr. 24 110 Sale 110 May 31 110 20 1473% Jan. 6 1593% May 20 159% Sale 148 May 11 159% May May 31 108 Feb. 4 115 Mar. 16 110 May 11 114 % 17% May 20 193% May 8 10% Jan. 10 215 Mar. 23 18 Sale 89% May 23 93 May 9, 72 Jan. 5 93 May 9 95 91 May 8' 57 Jan. 13 665% May 8 64% May 1 663% 68 67 45% May 11 53 May 4 255% Jan. 13 53 May 4 51% Sale 85% May 11 88 May 8 68 Feb. 10 88 May 8 87 Sale 78 May 1 80 May 27. 54 Jan. 6 80 May 27 80 Sale 21% Sale 84% 81 % 1% 1% 46% Sale 48 46 77 75 76 70 60 55 64% Sale 39% Sale 39% Sale 39% 40 100 110 36% Sale 31% Sale 19% 18 21 Sale 34 Sale 31 Sale 37 Sale 28 30 19% Sale 19% May 1 235% May 201 155% Jan. 16 83% May 18 8431 May 22 6231 Jan. 10 1 44 May 17 473% May 29' 303% Jan. 3 7.4 May 8 74 May 8 7331 Apr. 3 Mar. 311 54% May 11 643% May 1; 41 May 3 325% Mar. 2 38 May 17 41 30 19% 29% 27% May May May May 9 26 16 11 373% 24 35 39 May May May May Mar. 13 Mar. 6 Apr. 24 Feb. 6 3 31 223% Jan. -el 37% 73% Feb. 4 263% 5 29' 205% Jan. 4 35 26 22 Jan. 11 39 May 31 Mar. 22 May 29 May 26 1 1 1% Jan. 200 75% Apr. 6 227,400 243,550 87,000 900 51 Sale 14 Sale 1083% Sale 108 110 211,800 2,294,900 113 Sale 5,506 85 88 1,500 109,100 273% Sale 38,200 277,400 1,016,100 133% Sale 009,200 1,731,200 273% Sale 60,600 645% Sale 23,000 800 4,835 101 Sale 610,500 13 Sale 210,200 72,650 21 Sale 7,500 100 98 39,800 103% 11 5,700 500 500 68 Sale 19% Sale 119% Sale 112% 72 23 119 110 Sale Sale Sale 116 67% 19% 116 113 127 May 87 May 28 May 14 May 35% May 70% May 108 May 20% May 29% May Sale Sale 18% May 267 May 20% Sale 19 268 4 14 Jan. 4 83% Apr. 6 14 7434 May 17 15 25 May 31 3 1225% May 3 18 115 Apr. 22 1 May 31 May 31 10631 Jan. 10 141 11 141 4 915% May 31, 7934 Jan. 121 92 Apr. 18 % May 29 % 11 313 May 19; 263% Jan. 71 313 11 15% May 23 115% Jan. 11 16 Apr. 17 11 4531 May 171 265% Jan. 6 453,4 May 17 12 75 May 15' 63 Jan. 4 75 May 15 20 108 May 20 1003% Jan. 6,108 Apr. 28 % 10 245% May 29, 12 Jan 10 245 May 29 7, 34 Mar. 31 9 323% May 26, 19 Jan 963.4 Mar. 30, 963,4 Mar.30 214 Apr. 25 11 20% May 3, 10% Jan. 22 2693% May 29, 267 May 22 2695% May 29 May 1 74% May May 3 25 May May 11 122% May May 10 113 May 131% Sale 139% Sale 91% Sale 90 85 30% Sale x29 Sale 15% Sale 15 Sale 41% Sale 383% Sale 71% 72 71 Sale 108 Sale 105 23% Sale 22% Sale 32 Sale 31 Sale 235% May 20 843% May 22 52 80 6931 423% 200 1 144,100 119,800 12,300 100 25 May 27 75 Apr. 11 83% May 5 21% May 17 12% May 31 44 May 16 5% May 26 10% May 26 4 443 May 31 11% May 4 433% Mar. 14 38% May 8 285% Apr. 11 17 31 3 10 463% Feb. Feb. 11 101 Jan. 106 Feb. 30 STOCKS -STOCK EXCHANGE RECORD STOCKS N SALES TO JUNE 1. If STOCK EXCH'GE In May. Since Jan. 1. Price about Jan.3 1922. PRICES IN MAY. [WI.. 114. I RANGE SINCE JAN. 1. May 1. May 31. Lowest. Highest. Lowest. Highest. Par Shares. Shares. Bid. Ask. Bid. Ask. Bid. Ask. Sale Prices. Sale Prices. Sale Prices. Sale Prices. National Biscuit 100 3,600 22,850 12634 Sale 153 Sale 144 Sale 143 May 16 157 May 1 1233j Jan. 4 157 May 1 Preferred 100 1,300 5,200 113 114 11934 121 11834 Sale 11834 May 27 121 May 6 113% Jan. 4 1213( Apr. 26 Natl Cloak & Suit 100 23,900 2634 Sale 5,000 38 42 4134 42 39 May 17 423 May 23 26 Jan. 17 4434 Mar. 1 Preferred 100 4,800 71 Sale 86 90 8634 89 69 Jan. 5 88 Mar. Nat Cond't de Cable no par 18,000 62,300 1 3 Sale % 23 May 16 33,1 May 1 134 Jan. 16 434 Apr. 20 134 334 Sale 13 Nat Enamel & Stamp 100 39,100 322,500 3634 Sale 41% Sale 48 Sale 38% May 10 54 May 29 30% Jan. 11 54 May 29 Preferred 100 800 3 6,820 88 9234 87 8 8934 93% Sale 889 May 8 93% May 31 81 Mar. 7 934 may 31 National Lead 100 22,700 95,500 84 87 93 Sale 92 May 11 96% May 31 85 Jan, 12 9598 Sale Preferred 100 3,500 6,500 105 109 110 115 110 Sale 10931 May 15 1103j May 3 108 Jan. 10 96% May 31 Nevada Consol Copper 5 11334 Feb. 23 58,300 150,900 14% Sale 17 Sale 18% Sale 1634 May 11 19 May 29 1334 Feb. 16 19 May 29 New York Air Brake 100 6,800 33,900 58 Sale 80 Sale 76 79 74 May 18 80 May 1 57 Feb. 1 80 Apr. 27 New York Dock 100 20,200 61,000 3031 Sale Sale 3434 393/3 Sale 3334 May 1 40 May 29 28 Mar. 10 40 May 29 Preferred 100 1,700 9,200 53 63 5634 59 Sale 65 59 May 1 ow, May 29 5334 Mar.28 6431 May 29 N Y ShipbuildIng_no par 800 6,400 13 Sale 1631 1934 20 2134 17 May 11 2131 May 26 13 Jan. 3 25 Feb. 28 Niag Falls Power pref _ _ 100 800 98 103 104 103% 10434 10034 Jan. 31 103 Apr. 20 North American (new)_ _50 73,600 340,700 45 Sale 5931 Sale 66% Sale 5731 May 11 68 May 31 5331 Jan. 30 68 May 31 Preferred 50 13,700 108,623 39 Sale 423'1 Sale 4234 May -- 4434 May 29 38 Jan. 7 4434 May 20 443( Sale Rights_ 22,225 108,325 73j Sale 931 Sale 734 May 10 931 May 31 334 Jan. 13 93 %May Nova Scotia Steel & G-100 28,500 24 4,500 26 31 Sale 2554 May 11 37 May 31 203( Feb. 28 37 May 31 3534 Sale 31 Nunnally Co _(The)_no par 2,200 9,900 9% Sale 10% 12 1034 1134 10% May 15 12 May 3 934 Mar. a1234Mar.30 Ohio Body & Blow-a0 Par 8,400 1234 12% 1234 Sale 36,400 1154 Sale 1094 May 12 121 May 3 11 Jan. 10 14 Apr. 17 Ohio Fuel Supply 25 700 2,604 46 49 50 54 48% May 3 50 May 16 47 Jan. 18 59 May 16 Dkla Prod & Ref of Amer-5 81,400 278,100 231 Sale 334 Sale 3% Sale 2% May 3 3a may •1 2/ Apr. 10 3 Apr. 29 Ontario Silver Mining_100 11,000 37,800 4 434 834 Sale 8 Sale ' 7% May 29 9% May 2 4 Jan. 6 934Mar. 25 Orpheum Circuit Inc----1 27,500 115,900 13% Sale 1934 Sale 20 Sale 1934 May 1 2134 May 4 123 Jan. 6 2134 May • 4 Preferred 100 75 75 90 May 11 90 May 90 May Otis Elevator 100 3,100 33,436 11834 sale 1413 Sale 1363/3 13931 136 May 11 143 May 11 116 Jan. 11 90 May 11 % 5 4 Mar. 30 Preferred 100 200 1,858 83 95 9534 100 9734 May 12 99 May 17 93 Jan. 7 14331 May 17 Otis Steel no par 142,296 10 Sale 18,900 1434 Sale 143 Sale 1334 May 1 1534 May 13 934 Jan. 7 99 Apr. 11 % 1634 Preferred 100 200 7,250 4231 Sale 60 65 6234 6534 61 May 11 65 May 13 4231 Jan. 3 6634 Apr. 15 25 Owens Bottle 11,100 132,350 2534 Sale 36 Sale 3534 May 4 3734 May 31 2434 Jan. 27 38 Ann 17 3634 Sale Preferred 100 700 101 98 Feb. 24 Mar. 6 PacificDevelopment no par 55,300 1234 Sale 216,100 834 Sale 934 May 5 123% May 1 634 Feb. 21 10031 Apr. 27 834 Sale 11 Pacific Gas & Electric _100 10,700 6534 72 Sale 93,600 63 70% Sale 6934 May 13 72 May 1 60 Jan. 30 73 Apr. 26 Pacific Mall SS 5 3,000 17,300 1134 1231 13 16 1334 May 17 15% May 22 11 Jan. 18 153 Feb. 20 1594 Sale Pacific Oil (no par) 608,100 1,507,750 4794 Sale 60% Sale 6034 May 1 693-4 May 4 4434 Jan. 10 693/3 May 4 6434 Sale Pacific Tel & Tel 100 .1,000 2,400 55 60 57 62 62 Sale 5634 May 16 63 May 23 5634 May 16 63 May 23 Pan-Amer Pet & Tr---50 136,900 Class B stock 60 47,600 Panhan Prod & Ref_no par 12,600 Panhandle P & R.pref_100 Parish & Bingham__no par 5,000 Penney (J C)Co pref__100 300 Penn-Seab St v t c_ne par 169,400 People's Gas L & Coke_100 9,200 Philadelphia Co (Pitts)_50 31,500 Phillips Jones Corp no par 1,000 Preferred 100 100 Phillips Petroleum_no par 201,000 Pierce-Arrow Mot C no par 79,000 Preferred 100 33,800 Pierce Oil Corp 25 216,320 Preferred 100 21,600 Pittsburgh Coal (of Pa)100 42,035 Preferred 100 2,900 Pittsburgh Steel pref 100 100 Pond Creek Coal 10 14,200 Postum Cereal no par 46,200 8% preferred 100 17,300 Pressed Steel Car 100 3,800 Preferred 100 800 Producers dr Ref Corp_ -50 298,600 Preferred 50 800 Pub Barr Corp of N J__106 21,900 Rights 6,400 Pullman Company----100 28,700 Punta Alegre Sugar____50 63,400 25 110,400 Pure 011 (The)_n 100 8% preferred 2,100 Rights Railway Steel Spring-100 7,Z00 Preferred 100 200 .and Mines, Ltd.. no par 6,200 Ray Consol Copper--__10 31,400 Reis(Robt)& Co___no par 400 let preferred 100 Remington Typew• c 100 t 13,800 let preferred•t c___100 2d preferred 100 300 Replogle Steel no par 165,800 Rights 53,600 Republic Iron & Steel_100 364,600 Preferred 100 23,900 Republic Motor Trk no par 33.600 Eteynolds Spring Co_ no par 1,600 Reynolds (It J) Tob Co_25 100 Eteynolds(RJ)Tob Cl B 25 52.600 7% preferred 100 1,100 Royal Dutch Co NY eh's_ 223,600 it Joseph Lead 10 13,900 Uinta Cecilia Sugar_no par 19,500 %Yoga Arms Corp_ 100 2,200 !axon Motor Car_ _no par 8,300 %ars Roebuck & do--100 69,000 Preferred 100 700 Seneca Copper Corp no par 29,300 ShattuckArizonaCopper10 12,100 3hell Transport & Trad_£2 9,860 SinciairCons011Corp no par 794,100 31oes-Sheffield St'l & I_100 33,000 Preferred 100 200 So Porto Rico Sugar-100 3,900 Preferred 100 100 3pIcer Mfg Co no par 77,900 Preferred 100 700 Standard Milling 100 300 Preferred 100 100 Standard 011 of Callf___25 180,500 Standard Oil ef N J 25 100,800 Preferred 100 25,600 Steel & Tube of Am pf_100 3,100 ;terling Products__ .no par 33,200 !tern Bros pref (8%)_ _100 1,000 Stewart Warn Corp..no par 29,300 Stromberg Carburet no par 26,900 Studebaker Corp (The) 100 Preferred 100 Submar Boat Corpno par Superior Oil no par Superior Steel 100 let preferred 100 3weets Co of America10 767,100 5234 Sale 216,200 4631 Sale 19,900 12 Sale 80 800 76 45,600 13 Sale 600 88 94 572,800 1034 Sale 126,100 z62 Sale 120,600 3234 Sale 16,820 10234 Sale 5,000 9034 9534 387,700 33 Sale 505,300 1331 Sale 213,800 31 Sale 622,120 11% Sale 69,320 71 Sale 150,235 6331 Sale 6,400 93 933% 900 84 94 86,400 1434 1534 84,200 39,800 49,900 9234 Sale 5,000 92 Sale 438,000 30 Sale 2,100 39 Sale 64 Sale % 613 May 11 72 May 31 48% Jan. 11 72 May 31 7034 Sale 5794 Sale 55 May 11 6534 May 21 4034 Feb. 8 65% May 31 643-4 Sale 8 Sale 7 May 27 1034 May 8 7 May 27 1234 Jan. 24 734 Sale 60 79 60 79 69 Jan. 17 80 Mar. 25 14 Sale 1534 Sale 1134 May 16 1631 May 24 1134 Jan. 3 17 Apr. 12 99 Sale 96 100 9734 May 10 99 May 1 9014 Jan. 24 90 May 1 123 Sale 1034 Sale 10 May 11 133-4 May 24 634 Feb. 27 133 May 24 % % 8631 8734 85 Sale 85 May 23 88 May 6 5934 Jan. 4 88 Apr. 26 3834 Sale 38 May 9 4,034 May 23 3134 Jan. 4 4034 May 23 3934 Sale 9231 95 83 May 29 90 May 9 82 Jan. 30 10534 Jan. 3 86 8134 90 95 89 90 8934 May 19 90 May 9 Jan. 15 93% Mar. 30 4431 Sale 3 56 Sale 41 May 11 57% May 31 8834 Jan. 11 5714 May 31 2234 Sale 1731 May 17 227 May 5 2831 Jan. 5 2494 Apr. 25 1934 Sale % 1334 45 Sale 3534 May 17 46% May 5 27% Feb. s 49 Apr. 15 3834 Sale 10% Sale 9% May 17 11% May 8 9% Sale , 12 Jan. 13 54 Sale May 25 6134 May 6 39 Mar. 2 71 Jan. 3 5934 Sale 5334 6334 Sale 64 Sale 61 May 16 647% May 2 5834 Jan. 30 653% Apr. 26 9334 Sale 0554 9534 9334 May 1 9534 May 26 95% May 26 9034 Feb. 89 100 95 96 May 20 96 May 29 85 Mar. .3 96 May 29 98 15 22 Sale 19 May 11 2234 May. 2 141 Jan. 5 23g Aix.. 25 2054 Sale 7134 Sale 81 Sale 71% May 2 8134 May 31 655 81% May 106 Sale 107 Sale 105% May I 1087 May 9 105 Apr. 19 109 Apr. 31 21 Apr. 19 80% Sale 7934 Sale 7631 May 11 8034 May 1 63 Jan. 12 833 Apr. 22 % 97 98 98 May 3 1007 May 9 91 Feb. 16 100% May 9 9831 100 7 3634 Sale 3531 May 1 4794 May 31 46% Sale 3 2434 Jan. 10 47% May 31 41 45 44 47 4394 May 17 4734 May 20 36 Mar. 9 4734 May 20 336,700 67 72 8934 Sale 8731 Sale 85 May 11 90% May 3 66 Jan. 7 9031 May 3 22,000 34 Sale 34 May 1 % May 1 34 Apr. 25 34 Apr. 21 464,050 10734 Sale 12434 Sale 122 Sale 11834 May 11 125 May 1 Jam 6 1293-4 Apr. 24 293,100 33% Sale 40% Sale 38% May 11 46% May 31 10534 Jan. 4 46% May 31 46 Sale 31 % Sale 3 631,400 3894 Sale 34 32 Sale 313 May 11 3434 May 1 % 185,700 119-4 12 102 Sale 100 101 101 May 23 1023% May 9 2934 Mar. 27 383-4 Jan. 3 99 Mar. 1610231 Apr. 25 312,796 1 Mar. 43,800 99% Sale 102% Sale 10494 Sale 99 May 9 10434 May 31 94 , Jam 11 2 1-16 Apr. 10 10 1043 % 1,610 107 110 114 112 Sale 1103% May 3 112 May 31 106 Apr. 20 11534 May 31 Mar. 17 15,500 20 22 2334 May 1 283% May 18 191 Jan. 26 28% May 18 249-4 Sale 2734 Sale 131,200 15 Sale 16% Sale 15% May 11 19 May 31 13 Feb. 27 19 May 31 18% Sale 12,400 8 9 17 19 17 Sale 17 May 20 19% May 3 8 Jan. 16 21 Apr. 15 1,010 4934 55 65 49 Jan. 9 69 Apr. 12 117,620 25% Sale 33%, Sale 32% May 13 3734 May 27 24 Jan. 6 42 Mar. 14 35% Sale 3,400 55 59 65 75 65 75 55 Jan. 12 73 Mar. 14 3,090 45 54 63 60 Sale 573% May 16 60 May 31 51 Jan. 21 63 Mar. 14 313% Sale 413,700 263% Sale 3554 Sale 31 May 4 3834 May 18 2534 Jan. 3 3834 May 18 % Sale 84,700 % May 4 2 May 8 % Apr. 18 234 May 8 62 Sale 689,150 523% Sale 78 Sale 62 May 1 7834 May 29 4634 Feb. 27 7834 May 20 9134 Sale 63,200 85 88 Sale 89 May 15 95 May 31 74 Feb. 24 954 May 31 057-4 84,500 a3.4 Sale 8 Sale 1234 Sale 7% May 18 1294 May 31 434 Mar. 2 123 May 31 / 1,600 4634 Sale 4534 May 29 4634 May 27 4534 May,29 4631 May 27 1001 65 85 70 May 5 70 May 5 70 May 5 70 May 5 184,420, 4634 Sale 4534 May 11 473% May 19 43 Mar. 27 4854 Apr. 24 46% Sale 4,300: 112 11234 112% 114 11234 May 11 113% May 29 111% Apr. 11113%May 29 771,6701 50% Sale ' 63% Sale Sale 6134 May 17 66% May 3 47% Jan. 31 664 May 3 6334 41,410/ 128 133% 1494 Sale 15 153-4 1434 May 10 157% May 4 125 Jan. 9 15p May 4 86,300 2 Sale 4% Sale 334 May 9 531 May 19 1 Jan. 4% Sale 6 Mar. 21 31,425 12% Sabi 19 May 10 2134 May 2 11 Jan. 10 24 Apr. 1 Sale 2 0% 23 19 4 36,000 23% sale 334 Sale 334 334 3 May 10 4 May 2 1 Feb. 23 4 Apr. 11 437,900 64% Sale I 3/ 753 Sale 727 May 11 8034 May 29 59 Feb. 1 8032 May 29 79 Sale 4,900 93 Sale 102 105 105 10634 1025 May 16 10634 May 2 91 Jan. 5 10634 May 23 345,450 2334 Sale 137 Sale 1234 May 12 145 May 1: 107 Feb. 20 2334 Jan. 3 137 Sale 28,300 834 Sale 9 Sale 834 May 10 11 May 1: 734 Mar. 6 11 May 18 1154 Sale 56,460 38 Sale 43% May 31 48 May 3 3594 Jan. 30 48 May 3 Sale 4634 Sale 4434 , 2,856,100 2134 Sale 3234 Sale 303% May 11 37 May 2 18 Jan. 10 3734 May 22 3634 Sale 118,000 35 Sale 4534 Sale 43 May 10 54 May 12 35 Jan. 3 54 May 12 4934 Sale 4,100 71 Sale 74 90 77 May 29 7734 May 24 65 Mar. 2 773/ May 24 77 81 15,700 4934 Sale 47 Sale 5334 54 45 May 11 53 May 29 43 Jan. 9 573 Mar. 3 1,100 75 90 May 31 00 May 31 $3 Jan. 19 92 Apr. 3 90 Sale 853% 8834 92 92,500 18% Sale 1734 May 4 2134 May 19 17 Apr. 27 2134 May 10 1994 Sale 1,000 84 90 86 8934 89 May 2 90 May 4 84 Apr. 28 90 May 4 1,570 112 118 121 129 122 126 122 May 11 125 May 1, 11034 Jan. 24 1253 Apr. 27 % 1,015 81 87 88 91 90 May 3 909-4 May 15 8334 Jan. 11 91 Apr. 5 01 95 396,400 9834 Sale 1139-4 Sale 116% Sale 110 May 11 121 May 3 91% Jan. 10 121 May 3 3 216,320 179 Sale 189 Sale 192 Sale 184 May 11 196 May 31 169 Mar. 24 10634 May 31 88,095 114 Sale 11534 Sale 114% Sale 115 May 111631 May 4 1133-4 Jan. 7 11631 May 4 11,020 77 79 833% Sale 84 Sale 8334 May 1 90 May 25 73 Apr. 7 00 May 25 33,200 4534 May 4 4934 May 10 4534 May 4 4931 May 10 49 Sale 3 900: 81 Sale 105 Sale 101 102 101 May 23 106 May 4 81 Jan. 3 106 May 4 162:1001 25 Bale 3 3934 Sale 3734 May 11 45% May 31 243% Jan. 5 453% May 31 4534 Sale 165,600; 87 Sale 54 Sale 55% Sale sog May 11 56% May 31 35% Jan. 5 59% Apr. 12 208,700 3,367,4001 83% Sale 20,975 100 103 2,300 25,400 140,200 434 Sale 73,500 175,900 6 Sale 10,600 39,800 26 Sale 100 200 18,400 134,800 1 118% Sale 109% Sale 53% sale 6% Sale 34 37 95 39-4 Sale 123% Sale 114% May 112 Sale 109 May 6 Sale 44 May 7 Sale 6 May 34 May 343% 35 94 9531 9434 May 33% Sale 334 May 11 124% 13 113 12 63% 1 83% 11 38 10 943% 9 4 May May May May May May May 27 79% Jan. 5 124% 26 100 Feb. 17 113 1 33% Jan. 31 63% . 5 Mar. 23 834 23 26 Jan. 3 39 11 9434 May 10 94 21 334 Apr. 4 5 MaY 27 May 26 Mar. 18 May 5 Apr. 7 May 10 Mar. 14 JUNE, 19221 STOCKS N V STOCK EXCH'OE 31 STOCKS-STOCK EXCHANGE RECORD LES TO JUNE 1. In May. Since Jan. 1. , RANGE SINCE JAN. 1. PRICES IN MAY. Price about Jan. 3 1922. May 1. May 31. Lowest. Highest. Lowest. Highest. Sale Prices. Sale Prices. Sale Prices. Ask. Sale Prices. Ask. Bid. Ask, Bid. Par Shares. Shares. Bid, May 25 4% Jan. 31 % 1 May 25 25 May 1 23% 1 4 25 Sale 13/2 29,710 3,900 334 5 Temtor C & F P cl A no par % Jan. 13 123 May 19 123% Sale 1234 Sale 1134 May 12 123% May 19 93% 54,000 205,400 10% Sale Tenn Cop & Chem no par 5 49 Sale 47% Sale 4634 May 11 5034 May 4 42 Mar. 27 5034 May 4 Texas Company (The)25 538,400 1,215,017 4534 Sale 10 48% May 19 3834 Jan. 4 48% May 19 42 May 4734 Sale 4334 Sale 10 87,100 494,300 403/ Salo Texas Gulf Sulphur 2734 May 11 31% May 4 23 Jan. 9 3174 May 4 293-4 Sale 303-4 Sale 679,800 265 Sale % Tex Pacific Coal & 011_ _10 303,200 350 430 385 May 22 397 May 23 315 Jan. 27 420 Mar. 20 1,469 290 390 203 Texas Pac Land Trust _100 3 134 Salo 135% Sale 12934 13034 133 May 16 1373-( May 4 1093% Mar. 17 134 Jan. 31 2,700 11,800 100 Tidewater 011 65 May 11 82 May 31 5731 Mar. 2 82 May 8131 Sale % 665 Sale 450,900 6334 Sale .100 268,300 Tobacco Prod Corp.. 92 May 13 106 May 31 88 Mar. 2 106 May 31 92 933-4 1053-4 Sale 4 883/ Sale 100 11,000 7,400 Preferred 1131 May 12 2034 May 22 1831 Sale 73-4 Mar. 3 203-4 May 22 12 Sale 4 Transcon 011 ctfs__no par 673,300 1,312,000 107 Sale 42 40 4034 423-4 40 May 3 45 May 13 325% Feb. 1 453-4 Apr. 4 20,400 33 Sale 6,500 Transue & Wms St'l no par 1523-4 14234 May 1 145 May 5 125 Feb. 23 145 May 5 14234 Sale 135 625 116 130 200 Underwood Typewriter 100 1073-4 Jan. 12 130 Jan. 14 500 104 113% 112 120 112 120 100 Preferred 64 May 0 6831 May 2 55 Mar. 25 715% Jan. 5 6634 Sale 166% 67 2 46,000 703/ Sale 3,200 Union Bag dr Paper new 100 May 6 2134 May 12 24 May 6 1731 Mar. 4 24 23 Sale 223-4 Sale 183-4 Sale 469,200 no par 134,400 Union Oil 1003-4 Salo 100 May 18 z1027-4 May 5 9534 Feb. 25 103 Apr. 24 10134 98 4,000 94 100 1,200 Union Tank Car 2 % 1053-4 106 105 May 11 1073 May 2 102 Feb. 6 1073-4 May 3 103 Sale 104 2,214 14,114 100 Preferred 34 May 3 4134 May 3 25 Jan. 11 4134 May -4 64,070 2531 Salel 3434 Sale I 383 Salo 20,670 United Alloy Steel.. _no par May 22 130 Feb. 25 159 May 22 105 130 105 165 147 May 20 159 400 130 160 400 United Cigar Stores.._100 May 8 114 May 24 z10434Feb. 28 114 May 24 3,550 104% Sale 10634 110 106 114 109 200 100 Preferred 18 78 Sale 72 Sale 6834 May 11 813-4 May 18 607-' Mar. 3 813-4 May 31 78,000 72 Sale 33,500 100 United Drug 45 May 12 463% May 31 413-4 Feb. 18 463% May 4634 Sale 68 45 7,500 45 Sale 2,300 50 1st preferred 32 Mar. 3 32 Mar. 3 100 United Dyewood Corp 100 70 Feb. 27 70 Feb. 27 100 100 Preferred 1423,4 141 142 1383% May 12 144 May 3 119% Jan. 4 148 Apr. 4 78,300 12334 Sale 141 7,200 100 United Fruit 1 195 May 3 143-4 Apr. 21 1934 May 3 163% Salo % % 165-4 193 163% May 3,200 2,500 United Paperboard Co 100 503% May 11 713% May 29 4334 Feb. 28 713% May 29 67% Sale 513-4 Sale 859,700 523% Sale United Retail Stores no par 409,700 % 323 May 11 36% May 3 1634 Jan. 13 383% Mar. 15 34 Sale 3431 Sale 305,280 17 Sale 23,750 II S Cast Iron Pipe & F 100 May 18 50 Jan. 11 72 Apr. 15 79 % 6834 Sale 793-4 673 May 1 71 55 39,850 51 4,900 100 Preferred 5 5 Feb. 1 63-4 Mar. 4 7% Salo 7 63-6 634 May 23 6% May 31 63/8 3,400 634 100 1,900 3 13 Express 53% Sale 73-4 Sale 434 May 11 84 May 3 2% Feb. 8 103/2 Jan. 308,950 103-4 Sale 55,600 100 US Food Products_ 2474 May 31 25% May 27 2534 May 29 2574 May 27 25 Sale 2,600 2,600 S Hoffman Mach no par 6 60 May 25 473-1 May 11 60 May 25 37 Jan. 5734 Salo 513% Sale 531,400 40 Sale 100 138,900 29 US Indus Alcohol 95 94 93 983-4 92 May 15 97 May 27 8934 Apr. 4 97 May 26 9,180 863/2 92 100 1,630 Preferred 7034 Sale 64 May 1 7234 May 26 56 Jan. 3 7234 May 643-4 Sale 262,000 61 Sale Improvt_100 127,200 S Realty & 6234 May 11 673% May 2 5134 Jan. 9 6734 Apr. 17 6534 Sale Sale 6434 Sale 506,300 543-4 100 101,600 U S Rubber 7 106 Apr. 12 22,615 100 Sale 10434 Sale 105 1063% 10334 May 12 1053/2 May 5 99 Feb. 27 2,700 100 1st preferred 4534 May 29 443% Sale 40 Sale 383/2 May 11 4534 May 29 33 Feb. 55,580 36 Salo 21,400 U S Smelt Refg & Mg__50 8 47 Apr. 5 46 47 4534 May 11 47 May 27 423% Feb. 5,400 4334 453-4 46 Sale 50 1,800 Preferred 9634 May 1110234 May 22 82 Jan. 6 10234 May 22 9834 Sale 10034 Salo Salo United States Steel_ ___100 328,400 3,230,600 843% Sale 11834 Sale 11934 Sale 11 26 734 May 16 11934 May 26 11334 Feb. 3 120 Apr. 66,800 1143% 100 13,400 Preferred 4534 47 4534 May 24 4534 May 2 4534 May 24 46 Mar. 27 400 200 no par S Tobacco 5 693% May 29 683% Sale 6634 Sale 6334 May 11 693% May 29 6034 Jan. 335,000 6334 Sale 10 101,800 Utah Copper 1734 Sale % / 163 May 11 1978 May 4 934 Jan. 18 1934 May 4 1734 Sale 118,900 11 Sale 24,800 Utah SecurAles v t c___100 423% Sale 503% Sale 41% May 5 53 May 18 303% Jan. 10 53 May 18 747,000 313% Sale Corp___ _no par 222,700 Vanadium 9234 95 9234 May 3 96 May 8 92 Jan. 17 96 Apr. 15 2,400 600 Van Raalte, 1st pref___100 8 303% Sale 2934 May 22 35% May 5 2734 Jan. 16 3634 Mar. 13 3334 Sale 87,300 2834 Sale 23,300 -Carolina Chernical_100 Vs 7834 Sale 683-4 May 29 813/2 May 2 67 Feb. 7 82 Apr. 10 683-4 Sale 30,589 70 Sale 12,849 100 Preferred 8 56 Sale 50 Sale 90 50 May 1 59% May 13 43 Mar. 27 9434 Jan. 18 27,500 85 6,600 Va Iron Coal & Coke_100 Mar. 13 7234 May 6 75 71 May 18 7234 May 6 66 7834 10034 72 3,750 100 1,750 Preferred 1236 Salo 123-4 Sale 1234 May 4 14 May 8 634 Jan. 6 14 May 8 Sale 67/2 192,815 40,700 Vivaudou (V), Inc_no par 100 Vulcan Detinning 14 Salo 1534 Sale 133% May 26 163-4 May 1 103% Jan. 16 17 Apr. 24 89,400 113% Salo 27,300 Weber At Hollbroner no par 76 80 7634 76 May 25 79 May 20 663% Jan. 4 85 Feb. 14 6934 77 22,200 68 000 100 Wells, Fargo Express.. May 9 973-4 Sale 99 97 92 90 32,610 9634 May 11 993-4 May 9 89 Feb. 8 993-4 Feb. 21 3,800 Western Union Teleg_ _100 93 95 Sale 96 96 14,000 93 9434 May 19 96 May 5 88 Apr. 13 100 3,100 Westinghouse Air Brake 50 623% Sale 6234 Sale Salo 6134 May 4 633-4 May 3 493/8 Jan. 4 64 Apr. 10 361,987 503% 75,600 West'gh E & Mfg assent 50 6934 73 73 Sale 72 May 20 73 May 1 65 Jan. 6 73 May 1 67 1,600 65 200 50 1st preferred Weyman Bruton.pfd_ .100 26 Sale 25 May 11 27 May 5 25 May 11 27 May 5 29,000 29,000 White Eagle Oil & R no par 47 May 11 50 May 4 3534 Jan. 6 50 May 4 4734 Sale 4834 Sale 131,300 39 Sale 15,400 50 White Motor 10 Sale 734 Jan. 30 12 May 5 267,850 my, Sale 103% Sale 934 May 25 12 May 5 65,400 White 011 Corp____no par % Apr. 12 .01 Mar. 27 % May 2 % May 2 135,850 3,500 Rights 1334 Jan. 31 217-4 May 12 % 183 Sale 199,930 151 Sale 183-4 Sale 161/8 May 2 2134 May 12 Wickwire-Spencer Steel -5 115,400 77-4 Sale 53, Sale 9% Sale 43/2 Feb. 17 10 Mar. 29 438,620 734 May 3 10 May 29 25 115,300 Willys-Overland 47 Sale 39 Sale 38 May 17 4834 May 31 24 Feb. 17 483-4May 31 66,900 2734 Salo 20,600 100 Now preferred 3 8 473% Salo 44% Sale 60,800 2834 Sale 4334 May 9 47% May 1 273( Jan. 4 4934 Apr. 26 14,700 Wilson & Co nc v t c no par 90 81 84 70 85 May 12 8734 May 15 66 Jan. 10 873-4 May 15 87 2,900 68 300 100 Preferred Mar. 27 35,775 140 Sale z16034Sale 15834 Sale 156 May 11 16034 May 5 137 Jan. 6 167% May 12 4,200 100 Woolworth (F W) 117 122 119 121 3,800 120 May 12 120 May 12 11734 Apr. 6 120 Apr. 3 1,700 100 Preferred 5234 Sale 50 May 11 5334 May 3 4334 Jan. 4 5434 77,550 4534 Sale 5434 Sale 12,000 WorthTn P&Mvt c.100 9134 9334 923% 94 88 2,610 82 93 May 3 94 Maio 4 84 Jan. 12 95 Apr. 24 200 Preferred A•t c___ _100 Jan. 9 79 May 9 68 753-4 Sale 77 10,800 50 783% 747-4 May 1 79 May 0 643% Jan. 27 9',6 Mar. 11 2,100 100 Preferred B•t c 6 Rix,' May 5 citZ May 1 8,4 Salo 23,300 83.4 Sale 93/8 Sale 6,300 Aeronautic_no par Wright Ex-div. and rights. e 1st paid. f Full paid. g 3d paid. I, Ex-stock dividend. J Quoted ex-dividend a Less than 100 shared. b Ex-rights. c dividend. during the month prior to ROI date. z Ex- 32 GENERAL QUOTATIONS OF BONDS AND STOCKS 1. In the following thirty-three pages of tables quotations United States; also for leading unlisted and inactive securities. are given for all the more Important securities listed on any Stock Exchange In the 2. Quotations from all Stock Exchanges are as near as possible for the closing day of the month preceding the date of issue. Stock Exchange began with Jan. 2 1909 to quote all bond prices As the New York "and interest," we have adopted the same method and no flitting mark to indicate the fact except where there is a deviation longer employ a desi from this rule. The reader will understand, therefore, that Is prefixed to the price, he must pay accrued interest in addition unless the latter"' to In which cases the price includes the interest, should there be any. the price. This, however, does not apply to income bonds or bonds in default. 3. The letter "f" prefixed to bond prices denotes that the quotation is a flat price -that is, that the accrued interest and therefore the purchaser does not have to provide for it separately in making payment. As already stated in the case of forms part of the price, in default, the price is always "flat," and no designating mark Is employed income bonds and bonds to indicate the fact. 4. Stock prices marked thus(d) are per share. All others are per 5. It should be borne in mind in the use of these tables that the cent except bank stock prices, which are quoted per share unless otherwise stated. all cases the figures are obtained from sources which are considered quotations for many inactive and unlisted securities are merely nominal, but in reliable. 6. The following abbreviations are often used, viz.: "M"for mortgage, "g" for gold,"gu" for guaranteed,"end" for endorsed, solidated, "cony" for convertible, "s f" for sinking fund, "1 g" for land "cons" for congrant, "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. Ash. Bonds Bid, Ash. Bonds Bid, Ash. RAILROAD BONDS Baltimore & Ohio (Concluded) Canadian Pacific (Concluded) fonds of companies consol'd are Central Ohio Aroostook Val 434s 192a FAA Won under the consolidated name. 65 73 Reor 1st con g 448'30MarS 924 94 New Bruusw 1st g as '34 FAA f 96 Adirondack-See Del & Hudson 100 Ohio RivIIR-lst g 58'36.1AD • 96M, 100 Cons deb 48 perpetual_ _J&J 1/ 77 Akron & Barb Belt g 45'42_JAD 81 80 Gen gold So 1937 ____AA0 98 963'e Ont&Que deb gu fis perp J&D 1 95 Ila Gt South 1st as 'Dec'27_J&J 94 100 98 Hunt&BS 1st 6/1 1922_ _J&J Carb & Shaw-See Illinois Cent Gen M 53 Dec 1 1927 E__J&D 80 Pitts Cl A To! 1st 138'22..A&O 99% Carolina Cent -See Seab Air L lit cons g as 1043 Ser A_JAD 99,i Pitts Junc-lot g 6s '22....J&J 99% Caro Clinch A Ohio 58 '38_J&T) Belt Ry of Chattle 1945_J&J 82 90% 2d g as July 1 1922___J&J 93 95 Equip as 1922-1937____ /VW b 909.4 5.500 ills Midland-See Atl Coast Lin 6% /.. Sch Riv East Side 48'25..J&D 97 97% Eq tr Os 1922-35(yr)__J&J15 b 5.87 5.40% ilabama N Oil T & P June Staten Isl Ry 434s 1943_JAD 75 85 Carolina A Yadkin River "A"deb as g'40 red'10_MAN 1/8 4 89 Tol A Ciu div 4s 1959....J&J 67% 68 1st s f Ss 1962 "B"deb g as'40 red '10_ Mdc N 1/7 JAD 5 80 W Vs A Pitts 1st 4s g '90A&O 79% 80 Carthage A Adiron-See N Y C "C"deb g 58 Nov 1 1940_ Adz() 1/ 72 77 Bangor & Aroostook Catawissa cons g 48 1948__A&O 84 Alabama Tennessee & Northern 85 1st M 5s g Jan 1 1943____J&J 90 93 Central Argentine Ry Ltd Prior lien 6s 1948 83 J&J 88 Cons refund g 4s 1951___J&J 08 60 Cony g 6% notes 1927_ FAA 943-( Gen income 6s Oct 1948 18 25 9414 Medford Ext as 1937...... MAN 73 77 Cent Ark A East-See St L S W Albany & Susq-See Del & Hud Piscat Div g 3s Jan '43__Adr0 75 80 Cent Branch Ry-See Mo PEW Allegheny Valley-See Penn RR StJohnsRivExt gu 5s'39_FAA 75 80 Central of Georgia (Oleg & West -See Buff R dr P Van Bur Ex as g Jan'43A&O 85 80 1st M g as Nov 1 1945_,F&A 1003( 102% Allentown Terms 45 1919 Washburn Ext 1st 63'39_ FAA 70 76 Cons gold 35 1945 MAN 96 Ext at 6% to 1929 J&J 100 102 Aroostook Nor 3s g 1947A&O 70 75 10-yr 6% sec gold Ws'29JAD alton Bridge-See St C M & StL 99% Nor Maine Seaport as'35AA0 a 72 80 Eq 434s July '22-Jan'26_,J&J b 993.4 5.40 y Ann Arbor 1st g 4p lows_ 0-J 5.76 67% 69 e Battle Cr'k & Stur-See Mich C Chat Div gold 48 1961.....11AD Eq tr 6s Jan 15'22-'35_J&J15 b 5.80 5.40% Beech Creek-See N 783 YC A H Riv Macon & Nor g as 1946__JAJ rocuttookNorthern-lieeStingor & Are 1310001i Bellingham 953.4 Bay A British Col Mid Ga A Atl let 80 1947 J&J Aroostook Valley-See Canadia n Pac. 95 1st g 5s Dec 1 1932 79 85 J&D Mobile Div g So 1946_ Asheville dc Spartanburg J&J -S U & 953., Bell A Caron-See Illinois Cent Oconee Div lot g Ss 1948 JAD Col let M g gu 4s 1995_ _J&J 92 75 Belt RR A Stk Yds(Ind'pTs)Cent RR A Bag as 1937 MAN Atch & East'n Br -4s 1928_J&J 9294 -945% 90 ist ref g 45 1939 75 80 MAN Chattahoochee dr 0 as '30J&J Atchison Topeka & Santa Fe Belt Ry of Chat-See Ala Or So Chat R A South g as '47-J&J Gen mort gold 45 1993_ _Adr0 88% 89 Belvidere Del-See Permsylvani a Eatonton Br as g 1926__Jdru Adjustment 4s July 1'95_Nov 82% 84 Bennington A RutI'd-See Rut land Cent Indiana-See Cl Cln Ch A StLouis Stamped 81 MAN 84 Big Sandy Ry-See Ches & Ohio Cent A New Eug-See NYNEI & Harti Cony g4s of'09 due'35 optJ AD 79 817 Binm Belt-See St L A San Fr % Central of New Jersey Cony g 4sof 1903due'55 _JAD 80% 81% Birmingham A S E Gen M (now 1st) g as '87 J&J 1073.4 108 Cony g 4s 1960.. J&D 100% 101%, Binm Term 1st g 68 1961 MAN 75 Eq tr ds Jan 15'23-'35_ JtIc.1 15 65.50% 8.20 '9,, Eq tr 6s Jan 15 '23-'35_J&J15 65.50% 5.20%' Bolivia Fly 1st as 4s '57 gu_MAS 1927 _ __J&J Amer Dock A Imp as 1921 Trans S L 1st g 45 1988_ _J&J 85% 85M, Boonville St Louis dr Southern Ext at 6% to 1936-- __J&J 10634 10814 91% Cal-ArizlstArf434s'62op M&S 92% 1st M 5s 1951 70 80 FAA Leh & W B Coal con g As Series B Boston & Albany 80 Oct '63 J&J 99 1923, 1930, 1938 J&D 94% E Okla Div 1st g 4s '28_ MAS 5 Ss June 1942 99 JAD NYAL Br gen 4s 1941..MAS b 591% D Hutch & So let g 58 1928_J&J 90 58 July 1 1938 99 J&J General gold as 1941_ _MAS 81% Rocky Mt Div 45 1963_J&J 82 43s July 1937 93% J&J Central Ohio-See Bait & Onlo Ban Yran & San Joaquin Vail 45 May 1 1933 gu NYC_ MAN 90% Central Pacific -See So Pacific_ let g 58 Oct 1 1940_ _ _A&O 101 45 May 1 1934 gu NYC_ MAN 00 Cheri A W Can 1st as'46__AA0 Santa Fe Prescott dr Phoenix 40 May 1 '33 guNYC_MAN 89% Aug Term let gu g Os '47 AA0 1st g Be 1942 98% 100 M&S 34s Jan 1 1931 76 JAJ Chateaugay fly-See Del A H Atlanta Vim & Atlantic Ref 34s 1932 gu NYC MO 75% Chattahoochee A Gulf-See Crib of Oa 18 Income Ss Nov 1 1930___ _ _ 23 Bost A Lowell 434s Feb '33_JAJ 78 Chatt Rome & Sou-See Cent of eorgia Ry 42 Atl & Birm 1st g Ss 1934_JdcJ 44 45 April 1932 75 AA0 Chattanooga Ste 4s'57 gu Ada 76 Atlanta & Cheri A L -See South ern Ry. Boston A Maine-4348 g '44J&J 70 Uhesapeake A Ohio, It!Knox & Chi -See Lou dr Nes tiville 434s April 1 1929 82 85 AA° 1st cons g as 1939_ _tddc.4 1015 Atlanta Knox', & Nor-See Lou isv & N ashy % 4s Sept 1 1926 85 MAS General 434s gold 1992__MAS Atlantic & Dan-See South RR scig 87% 45 Feb 1 1937 75 FAA Cony g 434s 1930 op '13-FAA 874 Atlantic City-See Reading Co 88 4s Aug 1942 73 FAA Gen fund A impt as 1929_J&J 96 A tlantic Coast Line Co of Conn98 33.4s Jan 1923 90 Jdc.1 Cony g as 1946 933.4 AAti , Certs Indebt as irredeem J&D 94 94 97 3s July 1950 J&J Eq tr 434Jan lb '23-'26_ J&J 18 00.507 5.20 Carts Indebt 45 1928____Jdc.1 0 95 98 PortsGtF&Con 43-4s'37J& L) 71 Eq tr 4 4i Nov '22-'27_MAN 65.50% 5.20% Atlantic Coast Line RR Bos & NYAL-See NYNHAEI June 22- 26_ _lir 0 65.50" 5.20% Eq In 4 let cons 4s July 1 1982 M&S 88 88% Boston Rev B & L 4340'27_J&J 89 Eq tr 5%s '23-'47 (yr)__J&D 65.45% 5.25% Col tr g is Oct 1'52op MAN 82 82% Burns & W-See At Coast Line Eq tr 6s '23-'35 (yr)J&J15 65.55% 5.30% Cony deb 48'39 op'16 MAN 78% 80% Buffalo Creek 1st as 1941 JA.1 90 85 Equip tiyis 192i-is.itianni&D 65.45% 5.25% Gen unit Ser A 4 Ae'64 J&D 86M, 88 Buffalo Rochester & Pittsburgh Craig Valley tot Ss g 7% notes Mayl '3051.& N 105M 106% 883 General as g 1937 MAS 100 Potts Creek 40 1946 Eq 6%8 Aug '22-'36 _ FAA 65.40% 5.25% J&J 773.4 801.4 Con g 434s 1937 91 MAN 903 R A A Div 1st con g is'89JAJ Eq6sJan 15'23-'35_J&J it b5.45% 5.30% 83% 839'4 Equip (is tier K 1923-'33_ FAA b5.35% 8.15% 2d con g 4s 1989 AlaMid-istgug5s'28MAN J&J 99% 8014 Equip g 434s tier 1927_A&O b5.2570 a% Warm Sp Val lot as g '41 MAz Atlantic Coast Line of SC 8S3. Equip 4s Ser 0 1929 A&O 65.207 0 Coal Riv Ry lot 48 gu'48. JAI) Gen 1st g 48July '48_J&J 86 825% 88 Al A West 4s g guar 1998AA0 84% Elevator Cog 4a gu '38.. _A&O N E of S C 643 1933_ _J&J 105 Clear A M lot as g gu '43_JAJ 93% Big Sandy Ry lot g 48'44 JAD Brun & West 1st 48'38_J&J 811.4 88% 82% 91 Roch & Pittsb-Greeub Ry 1st g gu 48'40Mdr IS Char dr Say gen 7s 1936_ J&J 1143 _ 7S3 Consol 1st g Co 1922_ _JAD 1003( 101 Raleigh A S W lot 40 '30-1,10 Fla So 1st g gu 48 '43_ _J&J 66 81 83 Buffalo A Southwest-See Erie. WestPocCorpist 434s'48 FAA Nor dr Car Se 1939 97 A&O 100 Buff A Susquehanna RR Carp Chesapeake A Otilo Northern-, Pet'b'g-Class A asg'26Jdc.1 99% 1st 4s Dec 30 1963 74 J&J 76 1st M As 1945 guar_ _ 90 Class B Cs g 1926 A&O 102 104 Burl Ced Rap&No-SeeCR1AP Oneaterf'd A Lane tat 58'55bArt 40 Rich & Peters4As1940A&O 90 -8594 Butte Anaconda&Pac 5s'49 FAA 93% Chic A Alton let 334o 1900.J&J 91% 503.4 Say Fla & W 1st g 611'34 Adc0 108% 51 California N W as 1928 gu_A&O 97 98% :CR refund g 38 1940._ _ A&O 1st M g as 1934_ A&O 59 60 98% Cam & Clear-lst as g '41_ Ada 97 Oen 5s 1922 41141 to otll JAt n Wil & Wel gen g Se '35.,J&J 98% Gen M g 4s 1985 FAA 783. Equip trust Os Jan 15 1923-35 Gen ruort g 48 1935_ _J&J 90 05 Cambria & Indiana (year) Atlantic & Yadkin-See Souther stdc.J 16 65.90% 5.50% Ity lot M gold as 1936 __MAN 98 100 lalcago Burlington & tjatucyAugusta South-See South Ry. Canada Sou fis 1962 ser A_A&O 97% 97M Gan ad 45 1938 88 MAS Lag Term-See Charl & W Car 88% Canadian National Rye 1st A ref g 5s 1971 Ser A_ FAA s985% 89934 Austin & Northw'u-See So Par 5s 1925 wI98% 98% oat tr Os Jan 15'23-'30_J&J 15 b 5.50 3.20% rah Ches & Atian-See Pa RR Eq tr 7s May 1 1935___MAN 109% 109% illinols D1v39.43149 op 2i)_.1.1rJ 81% Malt dr Cumb Val RR 68'29_J&J 82 Canadian Northern 4s July 1 1949_ lax let M fin July 1931 _ J&J J&J 90 883( 95 1st con deb 4s 1930 gu J&D30 sTebraska Est 4s 1927_ _MAN Balt & Barrish-See West Md 96 S f deb 7s 1940 JAD 1123/i 113 C B & Q joint 45-See Nor Pac Baltimore & Ohio S f deb 6%s 1946 J&J 1113j 112 Chic A East Ill (new co) Prior lien 33.4s g 1925___J&J 93%. 6% coil notes 1924 93% FAA 100% 101 Gen M 5s May 1951.._MAN 1st M 45 g July 1 1948_A&C 80 701.4 80% 80%* Eq 434s various b 5.75 5.40% Chicago & Eastern IllinoisCony 44s 1933 red 1923 WE: 82 82% Eq tr 6sJul'22-Jan'29SerBJ&J b 5.80 5.40% taf & Imp M As g '53 op_J&J Ref & gen as 1993 Ser A_ _J& C 57 5534 86% 87 Manitoba SE 1st 4s £'29FAA 1::r S bitg dc Tr ate dep....10 -ye 6s July 1929 _ _ 899% s100 Winnipeg Term g 45'39 g_J&J 79 85 111 corm' Os gold 1934__A&O f 1053-4 Fa 04s 1922-1923_ A,6, 550% 5 .15% Canadian Pacific asnconsol lot 53 1937....&IAN I Eq tr Os '22-'35 (yr)__J&J15 b 5.70 5.30% Cons deben 45 perpetual_ _J&J 78 78 13 8 Nicga & Trait etta dep f 116 Pitt Jc&M div a%s g'258.4.11.r. 122 91% 92 6% notes Mar 2 1924__M&B 2 101 101 Stamped Nov 1917 int__ Pittsb Lake Erie Ji W VaEq tr 43.48 1922-1928___J&J b 5.43 8.15 A , Guaranty Tr Co ctf dep.__ Refund gold 48 1941_ _Mdch 70% Eq tr Cs Oct 1922-32___AA0 b 5.45 5.15% 79% Eq 3341 Sept'22•Sep '23 MAS 03.30% 5.75 SW div 1st g 3%s 1925...,J& 90% 91% Ch A I C Ry-1st as '38..1,W 15 17 A- bBasts. f This price includes accrued interest. Jr Last sale. I In London. n Nominal. • Sale price. JUNE, 1922.] 33 RAILROAD BONDS -All boni prices are "and interest" except where marked "f" and inzom e ail der ialted bonds. NOTICE. Bonds I Bid. I Ask.Bonds Bid. Ask. I Bonds Bid. Ask. % Duluth Missabe & Nortnern015 ICIn Lob & Nor-See Penn5ylvan ia RR Chic Gt West-let 48 1959M&S 6131 984 1st c )ns g Os Jan 1 1923__J&J 103 85 Clue & Musk Val 45 1948 F&A Chic Ham & West 1st 6s'27_J&J 101 Chichi North 1st g 45 1951 J&J 75 Ch le& IC Ry-See Chic & E Ill , 7834 Gang ef 53 Jan 1 1941 _..J&J 100 Duluth South Shore & Atlantic Cln San & Clay-See CCC&StL. Chicago Indiana & Southern Ry 181 gold 55 1937_ ._._ _J&J 8331 82% S:3 ____ Clearfield & Jeff-See Pa & N W Jon mtge g 48 1956 guar_J&Ji 844 DutchessCo-SeeCeut New Eng Ind Ill & la let g 48 1950_J&J 8531 Close & Mahon-See B it & P East Tean Va & Ga-See Ry Cleveland Akron & Columbus ChIcago Indianap & Louisville-I Eastern Minn-See St P M & M General gold 55 1927____M&S 964 Ref M g Os 1947 Ser A._..J&J 1054 10034 / 96 953 Elgin Job & East 55 1941 MAN 99 1st cons guar g 48 1940__F&A 80 Ref M g 58 1947 Ser B___J&J 1 82% Elmira & WifilarnsportUnguaranteed 79 Ref M g 4s 1947 Ser C_ J&J . MAN, 83 let Os '10 ext at 4% 1950.3&J 83 58 196a :Neve Chic Chic & St Louts 85 lot A gen 98 100 85 814 Income 55 2862__ General 48 gold 1993___J&D 1st & gen Os May'66Ser13.J&J 799,4 El Paso & Rock lad-See &Pas o & Sou thatasAug'12 kaa 23 s'Ar A b5.75 to 5.40% 103 -- C Gen M be Ser B 1993____J&J 1003-4 sin 4 El Paso & Southwestern C 90 8834 Dab gold 445 1931 _____J&J Eq tr 6s '22-'35 (yr)__J&J15 b 5.60 5.40% 733à New Mexico Ry & Call Co994 Ref & imp 65 1929 SerA. Lici 994 inatanap & Lou is 4s 'aeJ&J 55 60 let col tr g 5e 0.73 1 '47 AA° 87 / 894 Ref.& imp.m.6s' ser.CJ&J 10091 1027 41 Monon Coal gu 58'38 op J&D 85 lat&con&coll tr g 55'51A AO Equip trust 5s 1922-1.929_J&J .5 50 83 5.20%i Ch & StL ShL-See CCC&StL 90 Dawson It & Coal 53'511.10 5.20%1 Equip trust 68 1922-1927.J&D .5 50 Chicago Lake Shore & Eastern 99 883/ EIP35&RE let ggu 5;'511 kJ 85 Cairo Div 1st g 48 1939 _J&J 1st M 445 1969 op 1919_J&D 86 7 934, 804 Erie-NY&Elst4sart g'47 M IcN C W& M Div let 48g'91_J&J Chic Maw & Puget Sound79% 713-i 98% 445 3d ext gold 1923 ._Mk4 65;,i 7331 StLD1v 1st col tr g4s'90.M&N let M g 48 1949 guar J&J-Q-J 804 8134 tis 4th ext gold 1930_..a&O 924 Spr&ColDly 45 1st g'40_51&S Chicago Milwaukee dc St Paul/ 851 6 80 924 48 5th ext gold 1923._ _Aid) 803-4 White W V Div let 48'40...l&J Geu g 48 A May 1 1989J&J 83 65 6538 75 lot con '20 ext to '30 M&S 1044 103-Cent Ind Ry gu 48 1933_ M&N Gen & ref 4s Jan 2014 A&O 67 754 764 Chic Ind & St L Sh Line Ry64 ss Prior lien gold 49 1993_ _ _JAJ 65 Cony So Jan 2014 Ser B F&A 69% 663' 55% 563i Gen Ilea gold 45 1996 __JAI 1st gold guar 48 1953_ A&O Gen g 34s B May 1 1989 J&J 86% 523.i '89Ser C J&J 853-' 524 Cony gold Is 1933 Ser A.A tc() CIS L&Cist4s g Aug'36_Q-F Gen 44e May 88 64 64% 51% 52 _A 1c0 Series B 1953....... Deb gold 48 July 1 1934 J&J CinSan&Cley con g 5s'28.J&J 944 704 71 57 4tr) 574 _ Series D 1953 _ Cleve Colurn Cin & Indianan Cony deb 445'32 op'22 J&D 80% 80% Eq tr Os 1922-35 (year) J&J15 13 5.90 5.50% gold bonds 4.5 1925 op'22JAD Gen cons gold 6s 1934_J&J 105% J&J15 b 5.75 5.35% 5.87 5.59% 1922-35 Eq g Os sierFF _M&N Eq tr as Id Blm & W ext 4s 1940_ A&O 8734 88% Eq g 58 July 1922 1923._J&J 13 5.90 5.50% o Ind & W g 58 Apr 1938_Q-J 851 -hi It Mu WI In 53 1926..J&J % _ 98 5.90 5.50% Eq I34sSerBB Aug'22-24F&A Fargo & So g 63 ass'd '24_J&J Poor Se East cons Is '40_A&O 774 7831 873/i 88 s9 Penn coll g Is Feb 1 '51._F&A 2d cons Inc 48 1990 __Apr 1 & Nor Mort at 44'34 J&D 32 324 Buffalo & Southwestera'13 ex% at 4% to Cons Oa )1eYeland Lorain & Wheeling 87.7-g _ _J&O 193; so 98 1st g 65'03 ext to 1923 J&J Cons now 15t g 56 1933._A&O 974 98 90 73 24 g 58'08 ext to 1928 JAS Tacoma East 1st 5s 1923_J&J Stamped subject to call JeffR It5s ext at 5Ato'29.A&O Ch & No M -See Pere Marq Con refg g i4s 1930 red..J&J Chic & At! Term us 1918 Chicago cts North Western Clay & Mahon Val-See ErleRR 754 754 31ey & Marietta-See ext to July 1923_ _ Gen M 343g 1987._ _-_M&N Penn RR 854 91 9234 Ch & Erie 55 lot g 1982.MAN Gen M gold 42 1987._ M&N .3leveland & Pitts-See 8334 813-4 ,3leve Short Line-See Penn Co Fed Inc Tax 92 Cleve & Matt Val g 55 '33 J&.• Stpd non-pay L S & MS 954 0534 Erie & Jerseys f 65 1955.J&1 Gen 51 5819878tp Inc tax M&N 1044 105 3leveland Terminal & Valley 95 96 Genesee River es 1957__J&S Sink fund deb 58 1933__M&N 1991 let 48 gold guar 1995._..M&N 81 80 10031 3oal Az Iron Fly-See Western M aryl hid Sinking fund Cs 1929 _A&O 101, Long Dock fiscoa g 1935 A&C 105 973/i 83 55 1929-___-____A&O Newb & N Y let 55 19 W_Jet. 'lobo & Sou 1st g 48 1929._ .F&A 934 93 90 939 Exton bonds 4s 1928...F&A 15 NJ&NYlst 63 191) Ref M Er t4c May '33 Mb NI 88 874 , J&D 106% 1064 Eq tr Os 1923-35 1930 10-yr 78 June 1 0 Ezt at 57 to 1450_._M (year)_J&J15 b 5.60 5.30% 106% 8834 15-yr 64s Mar 1936._ M&S 106 N Y&Gr Lake gu g 59'46 MAN Ft Worm & o C es '41.._Jk 0 1034, 105 Eq tr 65 Jan 15'23-'35_J&J 15 b 5.50 5.30'y NYLE&WC&RR.Ext at 54% to 1961 ..J&D k105 99 Eq tr 6 s 1925-36 Ser J.511,1cS b 5.40 5.20%5.20 Y Colo Sou N 0 A t'ac-See St L & S F 1st Os curr guar 1922_ MAN Eq tr 6 s 1925-36 Ser KA&O b 5.40 NYLE&WD&Llst 65'1; Colo Spr A Cripple Crk D Ry97% 91% Boyer Val lot g 3 a '23_J&D Extended at 5% to '43 J&J 1st gold s f 58 1D30_ ____J&J 10 3 '47 M&S 873-i 894 Des Plaines Val 4 9034 NYPaScOp 14 qi'35 SAMS 1st cons 5s Oct 1942_ ._A&O 3 Frem Elk & Mo V tis '33 A&O 1084 N Y Susq & WesternCol Conoec & Ter-SeeNort &W 854 63% 6891 Is Minn & NWIst3 '33J&J 1st refunding 38 1937__J&J Col Hock Val&T-See Flock Val 4 7291 55% 52 ManitowGB&NW3 5•41J&J 2d mtge 445 1937___F&A Conn & Paso-1st g 4s '43_ A&O 70 53 52 Maw Lake Shore & West Gen mtge 5e g 1940___F&A Newp& Richt lot 58'41 gu _J&J 864 Term let g 55 1943 __MAN Mich DIY 1st 84 1924 J&J 1014 Conn River-Gold 45'43__M&S 70 Ashland Dlylet g 60'25M&S 1010 Midland of N J lot 68_191 330 Jan 1 1923_ 95 _J&J 99 69% Ext&imp f g 58 '29F&A cat at 5% to 1940__A& Connecting Ry (Pht1087 2 70 IdllSparta&NWIst4s '47PAScS Wilkes&E 1st g 58'42 J& 1st M gu as Mar 15'51.M&S 15 864 733g Mil&StateLlne 1.13 is'41J&J Erie & Jersey-See Erie lilt 61- Connellsv & Monongahela RV961 Erie & Pittsn -See Penn RAMinn dr la lot g 341'24 J&D _ lot a f gold 45 1930 opt...M&S 94% 93,8 Central Msl garopeen A N Peoria & N W 3348 1926 M&S 85 84% 93 Cuba RR -let g is 1952__J&J 923-i Pen & Northw 3s4s 1926 J&J 1st Idcref g 74s'36 Ser A J&D 1024 1034 Evansv Indianan & Terre Haute 1024 MAN 101 1st mtge 7s 1950 St L Peo & N W Os, 1948.J&J 101% 102 68 93 65 Imp & equip as 1900 _ MAN 894 Evausinie & force dans, St Paul EastGrTr448'47J&J Current lily-See K C Ft S & M 84 86 Sioux City & Pac348'36F&A 1st gee 55 gold 1942__ _At f 105% Dallas & Waco -See Mo K & T Chicago Peoria & St. Louis Refund M 58 July 19il_JAJ MVO/el Ry & C'I-See El Paso & Southw astern 22 17 75 Prior ilea g 448 1930 _M&S Mt Vernon let 63g 1423.A.k0 -See C El & D Dayton & Mich. 22 17 Certificates of deposit_____ 4 / Sul Co Br 1st glis IS30._43c11 , Del & Bound Br 348 '55_F&A Chic Rock lel & Pac Railway Fargo & So-See Chic M & St P 834, Delaware & Hudson833 80 General gold 48 1988._ __J&J A&O 973( 974 Fitchburg-58 Jan 193.&4s 814 Cony 58 1935 81 85 Ref g 48 1934 op to 1011 AO PAAN ref 1928 993,4 100 let Hen equip g 445'22_ _J&J 774 Os Jan 1923-'35____J&J b 5.50 5.35% Eq tr 4'-4s Jan 1933_ ____ ._J&J 8934 9031 let & ref gold 48 1943._ _ MAN t922-1.923__J&J b 5.50 5.107 88 Eq tie Set 4s refunding 1925._ MAN 109 It° 7% tieC it bowls 1930 M&N b 5.50 5.10 83 Nov '22-'25 Eq 4gs 4s refunding Mar 1927__MAcs 1003,4 15-yr g 53.4s May 1 '37_M&N 100 83 A&O Eq 4 s July'22-July '27 J&J b 5.50 5.10 Is refunding 1927 _ 5.20% Eq tr Os Jan 15 '23-'35 J&J15 65.45 83 Rapids & NorthJ&J Burl edar 4s Jan 1928_ 75 Adirond let 44s 42 gu_M&S 98 973. Con lot &col tr 58 g'34 A&O , Cr.)) & Boston-7s 1924_J&J 100 klbauy & Susq 341 gold 1946 go g 78'27 J&D M&E3tL lot Flint & PereMarq-SeePereMar 81 (cony before 1916) goA&O, 80 Choctaw Oklahoma & Gulf Flo Jets & Pen-See Saab Air L ithiftPsInt Land Vint Co-' 934, 874 924 Consol gold fle 1052...M&N Fl nide East- Coast 448'59J&D 77 1st Mtg guar 4s 1910._J&J, 73 OS92 Choc & Memph 58 1949_ _J&J Fl aide South-See Atl Coast L I 75 Chateaugas Ore & iron70 opJ&J Peoria RyTer 4s'37 gu Fl nide, West Shore 58 1934_J&J 73 Guar gold Se 1.942____J&J 814' 81 R I Ar & La 645 1934 ..M&S Foida Johnstown & Glovers I Rensselaer & Saratoga72 Rock lel& Peoria 68'25.-J&J let cons ref'g g 44s 1947_J&J 6% g bds May 1 '41_ ALAN 1074 82 57 St P & K C Sh L 448'41 F&A 165- Cien ref'g gold Is 1950 J&J 64 95 Utica Olin & Bing fis '39_J&J 904 90 67 '23A&O Keo & Des M -1st fle 'at con ref 44s'52 opt_M&N Delaware Lack & Western Chia St L & N 0-See Ill Cent 804 Fort Dodge Des Moines & Sou80 Morris & Essex 3452000 J&D 724 70 At r. Pitts --sloe Penn Co Ch'.' J&D nd 58 1938 N Y Lack & Western 15 25 Chic St Paul Minn & Omaha 907-4 100 Ft imith&West 1st g 4s'54_A&O 2d 5e g'd cons 1923_..F&A 107 77% _J&D 106 Cons Os June 1 1930_ Fort St UnDepDet 430'41 J&J 99 983s Term & Imp 45 gd '23 MAN 00 Cons Oa red to 34e 1930_J&D Ft Worth & Dn C-See Col & S 98 96 Oew & %tree gu So '23 M&N 91. 033( 83% Deb gold 5s Mar 1 1930_M&EI 774 Ft Worth & Rio Gr 4s 1928_J&J 754 Warren 1st refg 3452000F&A Stamped F s Elk & Mo Riv-See C&NW 5 b - 7§6 5.401- Denver & Rio Grande Eq Os 1923-35 (ann)__ J&J15 79 85 Galv liar & San An-See So Par 7834 .14c1 1st con g 48 1936 Eq tr 75 1924-31 Ser B__ J&J b 5.60 5.35% Galv Houton Sc Henderson 8234 J&J 1st con g 448 106 894 874 North Wisconsin-68'30_J&J 105 A&O tat M 50, 1933 8291 829-4 ..J&D 1928.. Improv't gold 58 94 Super Sh L 55 June 1930_ M&S 504 G .nesee River-See Erie RR 484 let & ref g 58 1955 op_ -F&A Chicago Terminal Transfer 46 G m & Wyo 1st g 5s 1929_ A&O B'k're Tr atrol ctfAug'21 Int 1 44 90 83 Chic & Gt W 55 g 1936_ _J&D G or & Alabama-See Scab A L Bankers Trust ctf den stmp Chic Terre Haute & Southeast 46 G sores Car & N-See Saab A L Feb 1922 int_ 1 434 83 assented 82 let & ref g 55 Dec 1'60op_J&D 48 G I & Fla lot g 58 1956__M&N 45 I 02% Farm. L. & Tr. rcts f 61 Income M Dec 1 1960 G tor Midland-See South'n Ry 45 Adj Inc 78 cum 1932 o _A&O .f 42 74 724 Sou Indiana 1st g 4s'51_F&A 904 G s3 RR & Banleg884 55 39 J&D Rio Or June 1st 110 Chicago Union Station A&O 107 Ref.68 Oct. 1 1951 1134 91 Rio Or So 1st g 46 '40___J&J 90% 78 J&J 1st gold 448 1963 J&J 25 4s Jan 1 1947 15 let g 48 guar 1940____J&J 1134 83 1st M 64s Ser C 1963_J&J 113 793-4 Ga Sou & Fla 1st g 5s 1945J&J 7891 Rio Or West let 4s '39__J&J 99 97 Chicago & Western Indiana 67 Gettysburg & Far 5s gu'26A&O Pacific 663-4 let cons g 4E41949 op .._ A&O Gen gold Ele Dec 1 1932.4-M 104% Gila Val Globe & Nor-See Sou Utah Fuel let 58 1931_ MAS 7431 Consol g guar 45 1952._ _ _J&J 7438 & t Loul Gr Rap Bel & Sag-See PereMaT Sink fund 74s Sept 1'35M&S 10291 102% Des Moines & Ft Dodge-See M inn W S Gra Id Rap & Ind-See PennRR Des Plaines Val Ry-See Chic & N Chic & West Mich-See Pere M Graad Trunk Pacific Dot Gr Rap & West-See PereM 644 644 J&J Choc Ok & Gulf-See C H I&P 1st M 3s 1962 Detroit & Mackinac 804 794 Cincin Hamilton dc Dayton Prairie Section Is 1955__A&O 77 733-4 884 Prior lien gold 45 1995__J&D 70 69 86 General 5s gold 1942____J&D 1955.._ A&O Mountain Sec Is 74 56 Mortgage gold 4s 1995_ _J&D 70 69 89% 874 2d mtge gold 448 1037.. _J&J Lake Sup Div 4s 1955_ A&O Detroit Illy Tun-See Mich Can Dayton & Mich 1st 5s 1911 Graad Trunk Ry of Canada Detroit & Toledo Shore Line 1134 Ext at 44% to'31op'17J&J 919.g sink fund g deb 78'40A&O 1124 104 82 77 1st gold guar 45 1953____J&J 1034 C I St L & C--Sae CCC & StLDeb g Os Sept 1 1936...._ 984 97 Dul & It Range-let 58'37 A&O Cin Indianapolis & Western Eq tr 64s 1936 (Ser F) _F&A 1054 1054 79 65 60 58 Nov 1 1965__M&N '170 let Mg Graid Trunk West 4s £'50_J&J 764 754 lot g go. Is July 1 1950_J&J Nominal. s Sale price. Basis. /This price includes accrued interest. k Last sale. 1 In London. n 34 [VOL. 114. RAILROAD BONDS NOTICE. -All bond prices are "and interest" except where marked "f" and income and defaulted bonds. Bonds. Bid. Ask. Bonds. Bid. Bonds. Ask. Ask. Meryl & Pa 1st g 45 1931_ _ M&S 56 Great Northern Kan City Southern10 15 69 Income 4s 1951 A&O Gen M 7s 1936 Ser A _ _ _ _J&J 109% 5. 109% lot gold 3s 1950 A&O 1 683 91 873/ Mason City & Ft Dodge 1st & ref 43,4s 1961 op'41J&J Ref & imp't 5s Apr 1 '50../&-J 87% f 40 41 1st M gold 4s 1955 Eq tr 5s 1922-24 J&D15 b 5.60 5.25 Gen M 5 2 1952 Ser B_ _J&J ,/s 100 J&D Eq tr 6s an 15 '23-'35_ J&J 15 b5.50% N Eq tr Gs 1922-35 J&J15 b 5.60 5.30% Memphis Union Station Co 92 let g gu 5s Nov 1 '59__M&N 95 C B & Q joint bonds -See Nor Pac Kansas City Terminal Ry823 8234 Merchants'Br-See Term RR Great Northern Ry of Canada 1st g 4s 1960 op 1930____J&J 75 78 80 Con 45 1934 opt tq 1914_A&O 82 6% notes Nov 15'23_M&N 15 1018% 10134 Meridian Term 4s'55 guar M&N Green Bay & West debt ctfs A__ 75 633% g notes 193L_ J&J 1023-i 10234 Mexican International 603 Prior lien 434s 1947_ 9 Deb ctfs B M&S 108% Kentucky Central-See L & N 30 let con gold 45 1977 Greenbrier Ry-See Cheaspeake & Ohio M&S Keokuk & Des M-See C R I & Sept 1 1914 coup on Greenwich & Johnsonville Knoxv & Ohio-See South'n Ry Stamped guar op to Mar '07 J&J 87 1st gold 4s 1924 92 Lake Erie & Western Mexican North let 6s 1930_J&D Gulf & Ship Island RR 92 918% let gold Os Jan 1 1937___J&J 1st ref & term g 55Feb'52.J&J 75 83 2d g 55 July 1 1941 J&J 853. 8834 Mich Cent-See NYC&HR Middlesex Valley-See Leh Val 72% Gulf Terminal of Mobile No Ohio let gu 5s g '45_A&O 85 Middletown & Unionville let mtge g 4s 1957 gu_ _ _ _J&J 71 75 Lake Sh & Mich So-See N Y C & H R 58 2nd m adj Inc Os 1933_M&N 72 Hartford & Conn Western Leavenw'th Term Ry & Bridge Midland of N J-See Erie 1st ext g 43s July 1 1923_J&J 55 65 1st M gold 55 1923 90 95 Midland Term Bs 1925____J&D Hawkinsv & Florida Southern Valley 5 Lehigh & Lake Erie-See Lehigh &j 80 1st M Ifs April 1952___A&O Midland Valley-5s 1943_ _A&O 81 60 Lehigh & New England Henderson Br-See Lou & Nash 10334 Adj M Apr 1 '53 Ser A _Sept 1 30 1st M g 55 1945 J&J 101 f 20 Series 13 Hocking Valley RyJ&J Gen M g 5s 1954 983/i 9934 40 85% Millen & Southw-5s 1955_ A&O 50 1st cons gold 4 s 1999 J&J Var 15.60% 868% Eq tr 434s 1922-1931 Mil Lake Sh & West-See Chic &N W 6% notes Mar 924__M&S 100% 100% Lehigh Valley Mtlw & No-SeeChic Mil & St P Eq tr 430 1923-1924_ F&A 85.50% 5.10 89 J&D 1st Os ext g 4s 1948 8534 Milw & Sparta & N W-See Chic & N W F&A b5.50% 8.10% Eq 5s 1922-1923 125 Con M Os ann reg Irred_J&D 122 Min & Pac-See M St P &SS M Eq tr Os Jan 15 '23-'35 J&J 15 85.55% 5.37% Con M Os R gold 1923 J&D 100% 101 Col & H V Ext 4s 1948_ _A&O J&D 803' 9834 Minn & St L-lst 7s 1927...1SED 10334 lot% 843/2 Con M 4345 C 1923 0834 81% 83% lot consol gold Os 1934_ _Mtic N 80% Col & Tol 1st g 4s 1955_F&A 90 Con M 434s arm Irred_J&D 47% 47m, 1st ref'g gold 4s 1949_ Pli&S 82 Hollidaysb Bed & Cumb-See P a RR 8034 Gen cons gold 4s 2003_ _ M&N 48% 91 Ref & ext Os Feb '62 Ser A_Q-F 48A Iloosac Tunnel & Wilmington Gen con g 434s 2003_ _ _ _ M&N 8934 58 60% 85 let M g 8s Sept 1022_ _M&S Col tr 45 Aug '22-Feb'26 F&A 6 5.50 5.25% Des Mot& Ft D lst 4s,'35_ J&J 82 83% Housatonic-See NY NH &H Coll tr g as 1928 M&S 10234 10234 Iowa Cent let g 5s 1938_ J&D 46% 92 1st & ref g 45 1951_ M&S 47% 94 Houston Belt & Term 5s '37 J&J Lehigh & Lake ErieMinn St P & Sault Ste Marie Houston E & W Tex-See Sou P acific 85 M&S 1st 434s 1957 gu 1st cons gold 4s 1938____J&J 87% . 88% 8234 80 Houston (lc Tex Ceti-See Sou P acific Lehigh & N Y lot 4s'45_M&S lot cons gold Os 1938____J&J 99 99% Hudson & Manhattan Lehigh Valley Coal 8434, 2d M gold 4s guar 1949_ _J&J F&A 1013% 848% 1st g Os 1957 opt 1st Os gold guar 1933 _J&J 100 Coll trust 634s 1931 __ _ _NUS Adj in cup to 5%Feb157 A&O I 63% -year gu hit red to let 40 638% 7% g notesJune 28 '22 J&D28 100 100% F&A 1st M 434s 1957 conv 4% 1933 J&J 9034 Eq g 4348 Dec 1922____J&D b5.50 953( 8.40 N Y & Jer 1st g 5s'32optF&A 98 Lehigh Valley Ry of N Y Eq tr 7s 1922-1930 (yr)_J&D b5.65% 5.35 Huntingdon & Broad Top 95 J&J 1st 434s gold 1940 M S Ste M & All 45 '26_,I&J 95% 97 3 Leh Val Term Os 1941__A&O 101% 1st g 4s Sept 30 1920 80 Minn & Pac let 4s 1936_ Ada Ext at 7% to 1925_.. A&O 90 Middlesex Val let 5s '42 M&N 80 65 9734 MStP&SSM&CentTermRy2d mtge 4s gold 1925_ _ _ _ F&A Pa&N Y Canal con 59'39 A&O 75 68 88% lstChTersf 48'41op'16M&N Cons 5s g Mar 31 1925_ _A&O 73 91 Con M 434s 1939____A&O Minneapolis Term-See Wis Co it Huntington & Big Saudy-See Bait & Ohio Cons M 4s 1939 Minneapolis Union-See St P M & M -See A T&SF gutchinson & S Lehigh & Wilkes-See Cent &° AN.1 8"4 91 Mississippi Cent g 155 1949_J&J 86 Illinois Central-1st g 4s'51_J&J 95 Lex & East-See Loulsv & Nash J&J 80% 7734 Miss River & Bonne Terre 1st gold 3%s 1951 72% Litchfield di Mad 1st Os'34M& N 90 1st s f 58 1931 op 92 Main L ext 1st g 33s'51_A&O ____ Little Miami A&O 793 Mo Kan & Tex (as reorganized) 1st M 3s 1951 M&S if 77 M&N 82 Gen g guar 4s 1962_ 8034 Priori 5s 1962 ser A w I_ _J&J 83% A&O II 84 89 Little Rk & Hot Sp West Ry84 1st M £ 4s 1951 79 Priori 4s 1962 ser B w _J&J 78 79 Tr bds £ 334s 1950____J&J 68 73 70 J&J 1st g 4s 1939 guar 83% Prior 1 (Is 1932 ser C w 95 7834 8334 Coll trust gold 4s 1952_ _ A&O 89 six 8134 Long Island-Unified g 40'49M&S 78% 7834 Adj mtge 5s ser A w 1_ _i__J&J 57% 96 57% _ _J&J Col Tr LNO&Tg 48'53M&N Refund g gu 4s 1949____M&S Missouri Kansas & Texas Pur lines 1st g 3%s 1952_J&J 76% Tax-exempt N Y 773 / a 1st gold 4s 1990 87 07 878% J&D 1 Ref g 45 1955 opt 1918_M&N let cons g 55 July 1 1931..Q-J 9834 Columbia Tr ctf of dep__ 80 Jt 1st ref M(I C&CSL& 77 tat cons g 4s July 1 1931_Q-J 893/ 95 2d gold 40 June 1 1990_ _F&A J 66 70 9534 N 0) Os 1963 Ser A J&D J&D 823* Gen mort g 4s 1938 101 Cent Union Ti Co ctfs dep 1018% Ferry 151 4345 con g 1922M&S Gold /534s Jan 1934 1st Extension 58 1944_ M&N 4s July 1 1936_ J&J 110 8 111 Gold 63 , 4s gold 1932 lot & ref 48 gold 2004_ _M&S 859434 90 82% Equip tr 4349 Aug'22-'23 F&A 65.40% 5.10 83 Debenture gold Os 1934_J1D j D Guaranty Trust ctfs dep_ 82 8134 M&N Eq trust 4.'s July'22-'26 J&.1 b5.40% 5.10k Deb gold 5s 1937 Gen Msf g 43/a8 1936__J&J Eq 5s Nov'22-Nov'27M&N 1 85.40% 5.10 Eq tr as 1922-32 (year)_F&A b 5.90 5.50% N Y Tr Co ctfs of dep 68 7134 Eq tr 6s '22-'35 (year)_J&J15 65.45% 5.25 90 87 Montauk Ext Os 1945_ _J&J Consol M g Os 1940_ Equip 634a 1928- 1936__Mdet. b5.45% 5.20 A&O Brook & Mon 2d Os 1938 J&D 6% notes'16 Cent Tr ctf M&N 1 77 81 1925-1935____A&O b5.40% 5.15% L I C'y & F con 5s 1937 M&N Equip 7s Eq g 5s Dec 1922-23 ___J&D 60.20 83% 5.70% Cairo Bridge 4s g 1950J&D NY Bay Ex R let Os g'43 J&J 69% St Louis div g 4s 2001._ A&O Litch Div 1st g 3s 1951_.J&J N Y B'klyn & Man Beach let 75% Boonville RR Bridge Louisv Div 3%s g 1953_ _J&J gold 5s 1935 A&O 953 60 67% let g gu s f 4s 1051.......M&N 70 Omaha Div 1st 3s g 1051_ F& A NY dzRB 1st g 53 1927 M&S 95 Dal & Waco 1st gults'40_M&N I 9034 76%, St Louis Div 338 g 1951_J&J I North Shore Branch Kan C & Pac 1st 4s g 69% 9234 Q-J St Louis Div g 1951 J&J 1st con 55 g Oct 1 1932 763/s Mo Kan & E 5s 1942 gu_A&O 77 Spg'field Div Ext 3 As'51.J&J Louisiana & Arkansas Ry90 83 8934 Missouri Kansas & Okla 85 Western lines g 4s 1951__F&A M&S s f g 55 1927 1st g gu Os May 1 '42_ M&N I 8834 Chicago St Louis & N 0Loulsv Cm & Lex-See Loutsv & Nashv U Mtg & Tr Cc cite dep 1023/i Louisville Henderson & St L Cong 5s June 15'51_J&D15 101 95 MK &Tof T 1st tisgu'42M&S 9234 89 , 92 74% Con g 330J'ne15'51.J&D15 let mort gold Os 1940_ _ _ _J&J Sherman Shreveport & 565.50% 5.20% Louisville & Jeffersonv Bridge Eq 5s Jne'22-Dec 1924 J&D 823% 1st M gu gold 5s 1943_J&D 1 22 80% 818% Mem Div 1st 4s g 1951_J&D Guaranteed gold 4s 1945_M&8 83 W Coal & Imp let 65'29 J&J St Louis Alton & Ter HauteLouisville & Nashville Texas & Okla-5s 1943_M&S / 35 40 Bellev & Car 1st Os'23_J&D 99 -year gold 513 1937_ M&N 10134 50 9034 Mo Pacific RR (new company) 8534 St L South 1st g 4s '31 M&S Unified gold 4s 1940_ _J&J 909á 1st & ref Os Jan 1923&A 100 97 100% Carb&Shaw let g 4s'32M&S Coll tr gold 5s 1931_ _ __M&N 853 1st & ref Os July 1920_ __F&A 96% Ind Bl & Wn-See C C C& St L 7%gnotes May 15'30_ M&Nl5 1074 10834 1st & ref as Jan 1965_ ___F&A 8734 88 Indiana Ill & Ia-See Chic Ind & Sou let&ref 534s 2003 Ser A_ A&O 10334 10334 993/i 100 1st & ref 6s 1949 Ser D F&A M&S b 5.35 5.15 Ind & Loutsv-See Ch Ind & L Equip 6348 1922-'36_ _ _ 95 98 Indianapolis Un 4%s '26.. M&N Eq tr 6s Jan 15'23-'35_J&J 15 6 5.40 5.20% Mo Pacific (old Co) 5% Gen M 4s Mar 1975____M&S 95% 64% Gen & ref g 55 1965 Ser A_ J&J 04 Equip 5s Dec 1922-'23 __J&D b 5.25 86 Eluip 634s 1925-1936__F&A 65.60% 5.30% Interboro-Met 1See Street & El 8534 At K & eh) div 45 1955_ M&N tr 60 Jan 15 '23-'35 J&J15 b5.70% 5.35% Inter Rap Trim,/ Ry Securities All Knox & Nor 1st 5s'40 J& D 9934 Gold 45 Mar 1 1945 opt_ M&S International & Gt Northern Consol gold 4s 2002_ _ M&S 3d 7s ext to July 1938 at 96% 1st g (1s 1919 (unext'd)_M&N 111% Lou C & Lex 434s g'31_M&N 2 4% 83 M&N Ext at 7% to 1922__M&N 100 N 0 Mob 1st g 6s 1930-J&J 1033% 1018034 10034 Cent Br Un Pac lot g 4s'48 J&D 62 743/a 63 99% 101 5% notes Aug. 1 1914_ _ _ F&A 2d gold Os 1930_ __J&J Pac of Mo lot ex g 4s'38_F&A 8534 80 87% Col Itiv Bridge 78 '20... M&N 84% Pad & Mem div let 4s'40_ F&A 1652d ext 5s gold 1938_ _J&J 07 9834 Internet Rys (Central America) SE & St L Div Os 197L M&S 107 St L H E 1st Os 1938_ M&N 70 61% 1st M 5s 1972 opt M&N ii 68 2d M 3s 1980_ 613% Cardelet Br 151 4345'38 A&O Iowa Central-See Minn & St L Henderson Br Os g 1031_M&S 10134 83 St Louis Iron Mtn & Sou 843/ Ia Minn & N W-See C & N W Kent Central 45 g 1987__J&J 98% 87% 90 Unify & Refig g 40 '29_J&J Jacksonv Ter 1st 50 gu '39_J&J Lex & East let 5a 1965.. _A&0 9934 85 8734 93 973% 97% Gen con ry & 1g Os'31 Ada) Jamestown Frank & Clearfield L&NMob&Mont434s'45M&S Gen Con stpd gu g 58'31A&0 1st g 4s 1959 guar 853% Loutsv & Nashv South'n joint J&D 843' 82 82% Rly & Gulf Div 4s'33_ M&N 80 Jefferson-See Erie gold 4s 1952 J&J 84 Pine Bluff & W Os '23_ A&O 82 98 Joplin Union Station L & N Term 1st g 48'52 guJ&D 92 VerdValI dc W 1st 55'20 M&S 80 1st g 4%s 1940 guar op_ M&N Nas F & 5 1st gu g Os'37_F&A 101 933% Mobile & Birm-See Southern R Kal Al & G R-See LS& MS Newport & Cincin Bridge Mobile & 0-1et g Os 1927_J&D 1033% 105 90 Kanaw & Mich-See Tol & 0 C lot Mg 434s 1945 guar_J&J 10034 1651st exten Os July 1927___Q-J 100 Kansas City- Clinton & Sp & N Ala Con M g 5s '36 F&A 101 77 76 81 97% Gen g 4s 1938 M&S 7334 1st 55 gold 1925 guar A&O Gen con gu g Os 1963_A&O 983% 54 Eq 5s Nov '22 52 -Nov '23 M&N b 5.85 5.50% Kan City Ft Scott & MemphisMacon Dub & Say 55 1947_J&J 78% 79 Montgom Div g 55 1947_ F&A 93 Refdg g 4s 1936 guar.._ _A&O Macon Terminal Os 1965 ..J&J 943% 9234 92% St Louis Div 15s 1927......_J&D 91 Cons 60 1928 M&N 102 10334 Mahoning Coal-See LS& MS St L & C 4s guar 1931_J&J 89 94 98% 06 Current Riv 1st 55 1927_A&O 88 Maine Central-Coll tr as'23 J&D Monk & Malone 87 87 -See N YC&H K C Mem & Bit* 4s 1934_ M&S f 84% let & ref 434s 1935 J&D 70 92 Mon3ngahela Sou Os 1955.A&O let & ref Os Dec 1935_ _ _J&D 95 Income 5s Mar 1934 Sept 1 90 Mont Cent-See St P M & M 87 84 88 M&S Eur & N A 4s gold 1933.. _ J&J Assented Mo •rls & Essex-See D L & W 83 79 Ban City & Mem Ry & BHereford Ry-G 45 '30_ M&N 60 Nashville Chattanooga & St L 1st 5s gold 1929 Upper Coos let gu 40'30 M&N 1st consol gold as 1028. 65 Kens & Mo-lst 5s '22_ _A en ..A&0 1003% 100% l 92 Upper Coos Ex 434s g'30 M&N 101% Centreville Br g 6s 1023.J&J • 101 Kansas City Mexico & Orient Washington Co Ry let g gu 63 Jasper Br 1st Os 1923____J&J 1003% 100% 1st gold 4s 1951 (undep.)F&A I 334s Jan 1954 op 1924_J&J -02-10 40 6% notes 1916 ctfs Manila RR Sou Lines 40'39M&N A&O I Kan City & Pac-See M K & T Manitoba & S E-See Canadian Northe in. 96 9434 Manitoba S W Col 5s 1934_J&D 07 94 Marq Houghton&Ont0025 A&O 40 Md Del & Va 5e 1955 Ful _ F&A 30 b Basis. I This price includes accrued interest. Jr Last sale. 1 In London n Nominal. Sale price. JUNE, 1922.] 35 RAILROAD BONDS NOTICE.—All bond prices are "and Interest" except where marked "f" and income and defaulted bonds. Bonds. Bid. Ask. Bonds. Bid. Ask. Bonds. Ash. NashFlor & Shaft—See L de N Pennsylvania RR (Concluded)— N Y N II & Hartford (Concluded) National Rys of Mexico— Cleveland dr Pittsburgh Boo & NY A L 1st 4s g'55 F&A 73 Pr lien g 4%s s f 1957____J&J 40% 6634 Cent New Eng 48 1961__J&J 43 SerA4348 gen gtd 1942_J&J 663/4 943/s 70 Dutchess Co 4340 '40_J&I) 80 SerB44s gen gtd 1942 A&O Jan 1914 coupon on 943/4 55 65 Danb & Norwalk 45 '55_J&D Int red to 3343' 38 July 1914 coupon on 33%, 7734 70 Gen 55 Apr 1 1925_ _ __A&O Ser C 334s gen gtd '48M& N 80 July1914 coupon off 7831 5 A&O 30% , Ser D 33413 gen gtd '50 F&A Hart Rh & Portch 4s'54 M&N 774 Gen M 4s 1977 3/4 353/s Housatonic con 55 1937_M&N D Riv RR&B gu g 45 36 F&A 823/4 April 1914 coupon on 873/s Naugatuck 1st 48 '54 M&N Erie & Pittsburgh,— 38 April 1914 coupon off 653/4 75% Gen gu g 33.4sSerB '40_J&J New Eng cons 48 '45 gu_J&J 8% g notes June 1915J&D 8134 Consol g 5s July 1 '45.. J&J Series C 1940 Nat RR of Mex p 1 g 4340'26 Jcia I 33"843/4 NY&NE Bos Ter 4s'39A&O Gr R & Ind Ext 434s '41_Iti Jan 1014 coupon on 893/4 2d 4s 1936 N Hay & North 45'56 gu J&D July 1914 coupon on AC _ A.; 84 96 86 723/ 4 N Y Prov & Bos 4s '42__ A&O Muskegon Div g 5s'26 July 1914 coupon off 99 25 A&O Holidays Bedford & Cumb N Y Westchester & Bos Ry1st cons g 4s 1951 1st M g 4s 1951 guar_J&J 1st M g 4348 1946 gu_ _J&J 38 April 1914 coupon on 573/4 84 90 Prov Sec deb 45 1957 gu MAN Ohio Connect'g 4s '43M&S April 1914 coupon off 223/i 8234 533/4 Prov & Springf 1st be '22_J&J Nebraska—See C B & Q Pennsylvania Company— 99 Prov Ter 1st g 4s gu '56_ M&S Gu g 45 1931 op 1921_A&O New Eng RR—See N Y N H&H 713/4 903/4 91 Gu tr ctfs g 45 1952_ _ M&N N Y & Nor—See N Y Central & Hud River New Hay& No—SeeN Y NH&H 844 New York Ontario & Western— Gu tr ctfsg 334s 1937_M&S J Junction—See N Y Central N 8034 Ref 1st g 4s June 1992M&S Gu tr ctfs g 334s 1941_ F&A 75 New Jar & New York—See Erie 76 8034 74 Gen M g 4s 1955 red_ 78 Gu tr ctfs g 330 '42_ _J&D New Lon Nor 1st 4s '40____J&J 683/4 J&D 69 80 Eq 43/45 Sept '22 On tr ctfs g 3349 '44. J&D New Max By & Cl—See El Paso & Bout hwest -Mar'28 M&S b 5.90 5.50% 793/4 .54M 56 NY Philo it Nor—Ist g 48'39J&J Ph Bait & Wash 4s '43_M&N New Orl Gt Nor 1st 158 '55_F&A 85 88 91 Income 4s Jan 11039 __ M&N -Pitts C C & St L— New Orleans & North E 681915_ Stock trust ctfs 4s 1948_ _J& I) Extended at 5% 1940 .M&N Con g gu 434sSerA '40A&O 83 83% 943/4 95 83 84 N Y Prov & Best-See NY N H& Ha rt ttef & imp 434s '52 Ser A_J&J do Ser B 1942A&O 943/4 80 N Y & Putnam—See N Y Cent & Hud River 704 Now Orl's Term 1st 48'53__J&J do Ser C 1942M&N 933/4 N Y & Rockaway Beach—See L ong Is, and Now Orleans Texas & Mexico do Ser I 1963 F&A 933/4 N Y Susq & W—See Erie 1st g Os Oct 1925 Ser A __J&D 1023,j do 434s Ser J '64 MAN 933/4 703/4 N Y Westc & Bos—See N Y NH&H rion-cum Inc Ss Oct'35 Ser A_I 70% do 45 Ser D '45M&N 883/4 Newport & Cin Bdge—See Louis villa & Nashv Norf & Caro—See Atl Coast L do 45 Ser F 1953_ _J&D 893/4 Norfolk Southern Newp & Rich—See Conn & Pass do 4s Ser G 1957_M&N 8734 1st & ref g 5s '61 op '15__F&A N 1( B & M Bch—See Long Isl do 4s Set* H 1960_ F&A 88 68 673/4 Long Isl Norf & Sou 1st 58 1041_ _ MAN N Y Bay Eat RR—See do 334s Ser E '49_F&A 90 8631 1st gen g 55 1954 opt_ _J&J New York Central RR— Gen M 5s 1970 Ser A_J&D 60 97 973-4 M&N 103 Ral & Cape F 1st 55 '43_ M&S 1043/4 Cont deb Os 1935 CStL&Pitts 1st 5s g'32A&O 10034 70 75 83 84 Ral & Southp con be '65_J&D Pitts Va & Char gu 43'43M&N Con M 4s 1998 Ser A____ F&A 70 80 843/4 1053/4 M&S 105 Suffolk & Car con bs '52_ J&J Col tr 75 1930 PittsYoung&Ash5s'27 _MAN 95:i 165 Norfolk Ter 1st gu 4s '61_M&N New York Cent & Hud River— 1st gen 4s Ser A 1948_J&D 86 82 85 3 77n, 77% Norf & West gen Os 1931_ M&N 108 Ref'g g 3%s July 1 1997_ _J&J Sodus Bay & Sou g 58'24 J&J 91 893/4 88% Imp dr eaten Cis 1934_ ___ FAA 1083/4 Deb g 45 '34 tax-exempt M&N Sun & Lew 1st g 4s'38- J&J 92 86% 89 New River let Os 1932__A&O 107% Deb 4s 1942 tax-exempt __J&J Tol Wahl Valley & Ohio— 86% 873/4 N&W Ry 1st cons 4s'06_A&O Ref & imp 4%s 2013 op_A&O lst g gu 434s'31 Ser A_ _J&J 92% 88 873/4 5.50 5.20% Div 1st lien & gen g 45 July 1 Eqtr 7s '22-'35 (yr)__A&015 1st g gu 430'33SerB___J&J 92 1944 opt Jan 1 1929___J&J Eq tr Os Jan 15 '23-'35 _ J&J 15 b 5.60 5.30% 1st g gu 4s '42 Ser C _M&S 873/4 79% 88 99% M&N Cony deb 43/4s 1938_ ___M&S 10034 N YC Lines eq bs 1922_ Penn & N Y Canal, See Leh V 99 Cony 6% Sept 1929___M&S 108 NYC Lines eq 4%s N '23_J&J 1158iA Pennsylvania & Northwestern— 98 N & W Pocahontas 45'41 J&D eq 4%s P'2I_J&J NYC Lines 1 Gen 5s Jan 1 1930 87% J&J 86% 99 98 Eq tr Os Jan 15 '23-'35_J&J 15 15.40% 5.20% NYC L1neseq434sQ'25_J&J b 5.30 Clearfield&Jeff 1st 65'27_J&J 1003/4 10134 5 Eq tr 41%s 1922-1924___F&A 65.25% N YC Linea eq 4%s'22-'28 J&J b 5.20 583 Peoria & Eastern—See Clay Gin Chic & St L Scioto Val&N14.11st 43'89M&N N Y C RR eq 4348'22-'32 J&J b 5.30 5.05 863/4 8734 Peoria & N W—See Chic & NW North & South Caro—See Caro At' es West Bos & Alb eq 4%s'22-'27 A&O b 5.50 5.10 Peoria Ry Term—See Ch R I & Pac 73% 74 N'east of S C—See Atl C L of SC LB Col tr g 3%s 1998W F&A Pere Marquette (New Co) 73% __-- Northern Cal Ry—See So Pac C col tr g 33.s 1098_ _F&A 1st g bs July '56 Ser A J&J 95 96W, 88% ---- Northern Central— Beech Cr— 1st 43 g gu '36 J&J let g 4s July '56 Ser B 82 J&J 83% 80 J&J Con gen M 434s E 1925_A&O 2d guar g 58 1936 Eq tr Os Jan 15 '23-'35 J&J15 15.70 gg 983/4 5.30% Mort bds Os 1926 Ser A__J&J Clf Bit C Co 1st g 4s'40 J&J Perkiomen 1st 5s'18extto'38Q-J 95 99 98 70 Mort bonds 5s 1926 Ser B J&J Beech Creek Ext 334s'51 A&O 2d 5s 1918 ext to 1938 99 95 Q-J 98 82 813/4 Northern Ohio—See L E & West :art & Adlr 1st 48 g '81_ —LIED Petersburg—See Atl Coast Line 97% Northern Pacific,— Gouv dr Osw 1st 13s g'42_J&D Phila A Bait Cent 4s 1951_ M&N 8334 Prior lien g 4s Jan 1997__Q-J Lake Shore & Mich Sou— 86% Philo Ball & Wash—See Penney Ivanla RR 863/s 78% 79% Gen lien g 3s Jan 2047__Q-F Con g ref 334s 1997___J&D Phila Harrisburg & Pittsburgh 617 / 62 94% 94% M&S Ref & Imp 43482047 Ser A J&J Deb g 48 1928 1st mortg gold Os, 1925__A&O 93 863/4 88% 100 92% 92% M&N Ref & imp Os 2047 Ser B.JAI Gold 48 1931_ 73 10531 Philo Newt & N Y 3s '42__A&O 93 Eq tr 7s 1922-30 (yr)_MAN15 b 105% 5.20% Philo & Read—See Reading Co Cloy Short L 4%s '61_A&O 5.45 95% R let bs'38_ _J&J K A & Or P & D Div g 4s 1996__J&D Phila. Wilmington & Bait— 853/4 96 Kal & W Pig'n g 5s'40 _J&J Nor Pac-Gt Nor (CB&Q coil) Debenture 4s 1922____M&N 97 98 97% Mahon C RR 1st 5s '34__J&J Joint 634s 1936 Debenture g 4s 1926_ J&J 1053/4 10531 94 J&J 96 Michigan Central— Wash Cent 4s Mar 1948_Q-M 83 Debenture g 48 1932 84 84 A&O 8534 973/4 con '31 D & 13 C div M&S Els St Paul & Dul 151 bs '31_F&A 100 Philippine Railway 555% 903 A&O Deb g 4s 1929 1st consol g 48 1968 1st p 45 '37 5 f op gu 8534 J&D 55 J&J Equip 5s Oct '22-'31 A&O b 5.45 5.05% Dui Union Dep be'30_A&O Pine 131 & W—See St LI MdrSo Equip 68 '22-32 (yr.) _ MAS 1 5.45 5.05% St Paul & N Pac 6s g '23_ F&A 1003/4 Pine Creek—See N Y Cent & H ud Riv let fis Kal&SH 1939 M&N Reg certs 6s 1923 Pitts Bessemer & Lake Erte— Q-F 0934 WO- No Pac Ter Co-1st (Is '33_J&J 108_ 87Y8 let mtge M Air L 48'40 J&J l' S & L E 1st g 5s 1940_A&O 97% bag 4sJo1&MInd'87J&J10 North Ry of Cal—See Sou Pac Cons 1st g 55 July 1 '43J&J 96% 79 813/4 North Pac Coast—See No Shore 1st g 3%s J L & Sag'51 M&S PB & L E con g 55 1947_J&J 93 78 M&N let g 3348 1952 North Pennsylvania Pitts Char & Youghiogheny— Bayedr BOW Mg3a'89J&D 1st M 4s extended 1936_ M&N Gen Mtge gtd 4s 1932_ A&O 87 89 58 Bat C &131stgug 313'89J&D Gen g 3 3-10s 1953 Pitts Gin Chic & St L—See Penn HR 71 J&J 873/4 Northw Term g 55 1926 gu_J&J 87 Det 11,Tun 4%s'61 gu _ MArN Pitts Cleve & Tol—See B & 0 15 25 Grand My Val 48 '59_M&S Norwich & Wor-4s 1927_Mdrk P ttsburtgb Junction—See B &0 75 , Tol Can Sou & D 4s'56 J&J Ogd'im&L Chain—See Rutland P110 & Lake Erie—SeeNY Cent A Hud River 833/4 M&S Moh & Mal 45 1991 Ohio Connecting—See Pennsylv aniaRR P its McK & Yough—See N Y C Consol g 3%s 2002_ _ _ _M&S Ohio I & W—See C C C & St L Pitts Shaw&N—lst g 5s'49 F&A 763/4 June 1st 45 gu'86_ F&A NJ Ohio River—See Balt dr Ohio Gold 4s Feb 1 1952 F&A 7914 Old Colony-4s gold 1924_ F&A NY&Ilar 1st g 33/4s2000M&N 783/4 96 5% receivers' ctfs 1918_ M&S 30 aco-983/s 99 N Y & Nor lst g be'27__A&O 4s Dec 1925 Pittsburgh & Shawmut— J&D 9331 83% 823/4 N Y & Put 1st 4s g 1993_A&O 45 Jan 1938 let f g 5s 1959 opt J&J 823/4 J&D .f 50 60 Pine Creek gu Os 1932 J&D 108 ”is July 1 1932 Pitts Shen & L E—SeePBess&LE J&J 8534 Pitts & L Erie Os 1928__ J&J Oregon & California—See SoPac Plttsb Term RR & Coal 973/4 A&O be Jan 1 1928_ Oregon-Washington RR & Nay 1st g gu 5 f 5s 1942 JdrJ 8734 Eq tr 634s 1922 35(yr)A&O b5.50% 5.20% 1st & ref g gu 4s'61 opt_ _J&J 81% WestSideBelt 1st g 13s'37M&S 82 8134 Pitts McK & Y Os '32_J&J 106 Ore RR & Nay cons 4s'46J&D 90 Pits Va & Chas—See Penn RR 873/4 2d Os guar 1934 993 J&J Oregon Short Line—See tin Pac P its & Western—See B & 0 R W & 0 con be July '22A&O 993/s ----- Oswego&Syracuse--See D LAW Pltsb Youngs & Ash—See Penn RR R W &0 cons g 334s'22_A&O Pacific Coast Co—See Misc Bds partland & Ogdensburg— 8834 St Lawr & Adiron Os,'96 J&J Paducah & Illinois let M 434s 1928 guar___M&N 85 .. 95 2d gold 65 1996 A&O 933/ 1st 5 f 434s 1955 gu P & RFalls—lst g 413'26_M&N 92 J&J Utica A B Riv 4s g 1922_J&J Pan American let Os '34 op JA.1 1 25 993 De enture 45 Aug 1927_F&A b 40 West Trans Co 330 '23_ F&A 95 Parts-Lyons-Mediterranean RR Port'(Me) Term gu 4s '61_J&J 70 73 West Shore 1st 4s 236I___J&J 84% 82 Ext s f 78 1938 823/4 F&A15 Guar 5s 1901 8234 J&J 86 N Y C & St L 1st g 48'37_A&O 883/4 Pennsylvania 1111Port Reading-1st gu 55 '41..11j J92 83 98 Deb 48 May 1 1931 M&N 843/4 84 Con M 45 gold 1943_ MAN 8934 Ports Gt F & Con—SeeBos&Me 95 N Y Connecting RR do 4s gold 1948_ MAN 9134 Potomac Val—lst gu 5s g'41J&J 95 903/4 F&A 1st M 43s 1953 89 863/4 do 4s gold 1948 sterling Princeton & Northw—See Chic & N W N Y & Gr'wood Lake—See Erie stamped dollar bonds 8734 9034 Prov Sec Co—See N Y NH den N Y dr Harlem—See N Y C & Hud do 44; g 1960 95% F&A 963/4 Prov & Spriest—See NY NEI&H N Y & Jersey—See Hud & Man Gen g 4 s 1965 J&D 90% Providence Term—SeeNYNII& H 91 We st N Y Lack & West—See Del Lac k Gen g 58 ec 1 1968 J&D 9934 Prov & Wore—let 4s 1947_A&O 75 993/4 NY LE & W C RR—See Erie 10 -year gold 7s Apr 1'30_ A&O 108 Raleigh & Augusta—See Seaboa rd Air Line 109 N Y & L Br—See Cent of N J. 15-yr 034s Feb 1 1936 F&A 1093/4 10934 Rai & Cape Fear—See Norf Sou & Hartford— N Y New Haven Con M 330 g £ 1945J&J If 78 Rsleigh & Gas—See Seab Air L 83 Deb (le Jan 15'48 cony_J&J15 89% 82% E pur rnon 1st g 4s'23M&N 983/4 Rol & Southp—See Norf South Deb 45 May 1 1957_ M&N 55 55% Gen ft eq 434s 1022-'23_ _Q-J b5.25 -1 ; Raleigh & S W—See Chesapeak e & Oh lo 5 57, ' 58% 12 Deb 45 July 1'55 non-convJ&J Eq tr (Ss Jan 15 '23-135_J&J 15 65.55 _ 5.25% Rsritan River—let g be '39_J&J 57% Deb 45 1956 non-conv M&N 59 Aleg Val gen 4s 1942 M&S R.ading Company 884 90 57% 65 Dab 45 1947 non-conv M&S Belt Ches&AtIst g 58'34 M&S 50 Gen gold 4s Jan 1 1997J&J 60 8534 8636 M&S 53% &I% Deb 33/45 Mar 104L. Belvidere Del gu 45 1927F&A Eq 4 s July '22-Jan '27_J&J 65.30% 92 5% 52% 53 Deb 3348 1954 non-cony A&O 1st g gu 3345 1943____J&J Yen Cent g 48 '51 op '06_ A&O 743i 90 8634 52% 53 Deb 33/45 1956 conv____J&J Gin Lab & Nor 45 1942_M&N 933/4 atlantic City gu 45 1951_J&J 7834 Clev&Marietta, 4340'35 MAN 1st M gold 530 1929_ MAN 10034 101 91 W&NA tr ctfs 45 red 105 Q-M b Basis. f This price Includes accrued interest. k Last sale. 1 In London n Nominal. s Sale price. t Tax-exempt. 36 [VOL. 114. RAILROAD BONDS 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. Reading Company(Concluded)— Toledo & Ohio Central— 92 Seacoast RR of N J 5s '48_A&O • Eria & R-2d 55 g 1933_A&O let Ss g 1935 97% 98 ___ Seattle Term 6s 1922-1930 J&J 951% Imp M ext g 45 1947__A&O West Div let be g 1935__A&O 95 87% 931% 8834 Sebast & Mooseh 1st 5s'28 M&S Cons eat gold 45 1937M&S 13 Gen g 5s 1935 87 _1 b 87% Shamokin Sunb'y & Lewisb'g5.60 5.30% Eq tr 4%s 1923-27 (yr) Term as g gu May 1 '41 Q-F 100)4 102 97 2d 6s g July 1 1925 J&J Del R Ter pm g 8s'42MAN 81 84 Hams et Mica 1St 48 lasso Adzu Sherman Shrev & Sou—See Mo Kan & Tex 95 9534 2d M g bs l927.._J&J Ex 13 mon g 58 1942_J&J Shreve Brdg & Ter—See St Lout s South western 95 9534 Eq 45/asJuly'22-July'24__J&J b 5.60 5.35% Wilm Sr No 1st 5s '27_JAD Sierra Ry of Cal 96% Eq tr 6s 1922-35 (yr).J&J15 b 5.55 5.30% 92 Gen g Ss Aug 1 1932_Q-F 1st s f 6s g Apr 12'37_A&012 75 65 St Mary's Div 45 g 1951_ FAA Sioux C & Pac—See Chic A N W Phila & Read Coal & Iron— Toledo Peoria dc Western— jdo 85 Sodus Bay & Sou—See Penn RR Cole f g 45 ext'32gu F&A let g 4s July 1 1917 65 Rens & Saratoga—See Del & H Somerset Ry 1st & ref 4s'55 J&J Toledo St L & Western— So Caro & Ga—See South Ry Richm & Danv—See Southern Ry Pr lien g 334s July 1 1925 J&J 91)4 Rich Fredericksb dr Potomac— South Bound—See Seaboard A L 9034 69 let g 4s Apr 1 1950 A&O 80 Sou Indiana—See Ch Terre Hau te & S Cons mtge 434fs 1940____A&O 6634 35 F&A Co! tr g 4s Ser A 1917 Equip 6s Jan 15'28-'35J&J15 b5.80% 5.817), Southern Pacific Co— 2834 89 Union Tr elf dep 88 Rich A Mecklenburg—SeeSo Ry Coll tr 4s(C P)Aug 1'49 JAD 82 • 91 Tol Term 1st 434s'87 gu_ _MAN 80 Cony g 4s J'ne 1'290p'14 M&S Rich dr Peters—See At! Coast L 9034 To! Walh Val & 0—See PennRR % Cony g 5s 1934_JAD 1033 Richmond-Washington Co— 85 Eq 434s 1922-Sept 1923_MScS b5.259' Col tr g gu 48 1943 opt_ _JAD 59 Toronto Ham & Buffalo 84% rg D 1st g 4s June 1 1946 JAI)65.409 5.15% Rio Gr Junc—See Deny & Rio Grande Equip 7s 1924-1935 Troy & Boston—See Fitchburg Rio Grande So—See Den & Rio Grande Pacific Fruit Express equip 7s 9034 5.20% Rio Grande West-See Deny & Rio Gr ande June 1 1925-1935 (y'ly)J&D b5.40% 8.20% Ulster & Del con bs 1928 J&D 70 63 100 let ref g 4s 1952 98 A&O Roch & Pitts—See Buff R AC P Aust & Nor 1st 5s g '41__J&J 90 Union Pacific 93 Central Pacific Rock Isl-FriscoTerm-53'27J&J 92 % 913 87 1st Ry & I g 48 g 1947___J&J 86% 1st refdg 4s g g'd '49_F&A Rock Tel Ark & La—See CRI& Pac 91 Cony 4s 1927 83 J&J 9434 Rock Is! & Peoria—See C RI &P 1st g gu 4s Oct 1 1954_A&O 8334 86 85% 1st & ref 4s June 2008_ __WES M 334s flig'd Aug 1'29 JAI) 89% l Rome W & Og—See N Y C dc H 893% J&J 10334 107, 70% 10-yr 6s July 1928 ,3 m n— j Nj Ga1destop5 arr1 sgbt 8a At m2 ye (t n i9v 3 Rutland—Con 4348 1941_ _ _J&J Y0 98 . Eq tr 75 1924-'35 (yr)__JAD b 8.30 8.10, 97% 55 Benn & Rut 4345 g '27_MAN 81% Pacific Fruit Express eq—see South Pacific 94 Ogd&LCh let g gu 4s '48_J&J 72 Ore RR & Nay—See Ore-Was h RR & Nay 75 Rut! Can 1st g gu 4s '49_J&J Gila Val Globe & Northern Oreg Sh Line 1st g 6s'22_ F&A 98 Equip tr 434s 1923-27_ _ MAN b 6.25 5.50% 1st g 55 Nov 1 1924_ _MAN let consol se g 1946_ _J&J 10134 St Clair Mad & St Louis Belt— Houston East & West Texas 913 98 1st congu 5s 1946ctf___J&J 102 60 10334 Alton Bridge 1st g 45 '51_J&J 1st 5s g May 1 1933_ _ MAN 91 90 Ref g gu 4s '29 op '07_JAD 90 93 St Clair Term 1st 5s 1932_ _ F&A let guar g 5s Mar'33_MAN Utah A Northern— 55 St Johns & L Cham-5s'44 M&S Houston dr Texas Central 91 93% 0734 74% let 7s'08ext at4%to'33 J&J St J & Gr Isl—lst g 45 1947_ J&J 1st 1 g 5s 1937 J&J Consol gold Ss 1926___J&J 95% 9834 St Lawr & Adir—See N Y Cent Waco&NWDiv6sg'30 MAN 98 Union Terminal Co (Dallas) St Louis Al & T H—See Ill Cent North Cal Ry g 55 1929_J&D 101 94 90 let g 5s 1942 op 1922___A&O St Louis Br—See Term RR Assn No Ry of Cal 5s g gu 1938A&0 9934 United N J RR & Canal Co 99% St L & Cairo—See Mobile & 0 Oregon & Cal 1st 5s 1927_J&J 99% 78 General gold 4s 1923____ FAA 77 9836 St L Iron Mt&Sou—See MoPac S A & Ar Pass g gu 4s'43_J&J 823/a General Old 4s 1929_ ___MAS 93 81 St L Mer Br Co—See Term RR San Fran Term 1st 4s'50 A&O General gold 4s 1944_ MAS 883 St L Peoria A N W—See Chic & NW So Pacific Br (is 1937.._ _A&O 108% Gen let g 33/as Mar 1 '51 M&S 7654 Misc C os,p.44 St L Rocky Mt & P 55 1955—See Southern Pacific RR Cal St L South—See Illinois Central 1st con g 5s gu 1937_ _MA N 100% 1033/a Upper Coos—See Maine Central , 8736 Utah dr Northern—See Union 1 acific 87% St Louis-San Fr (reorganized) 1st ref g 4s 1955 op '10_J&J 9134 Utica & Bi R—See NYC&H 90% 7234 So Pac Coast 1st g 4s'37_J&J 72% Prior lien 4s 1950 Ser A_ .J&J Utica Clint A Bing—See Del & Hudson Prior lien 5s 1950 Ser B__J&J 8634 Texas & N 08734 96 Vandalla RR— 91% Prior lien Os 1928 Ser C_ _J 98 4 , Consol gold 5s 1943 J&J 9934 87% Cong 4s 1955 Ser A FAA 8634 79% 80 Cum adj Os July 1955_ _ _A&O Dallas Div 1st g 4s '30 F&A Ser B 1937 MAN 8534 68% Income mtge 6s July 1960 Oct 09 Southern Railway 953% Vera Cruz dr Pacific RR 95% Eq tr 6s Jan 15 '23-'34 _J&J15 b5.70% 8.30% 1st consol gold 5s 1094.. J&J js rs 4234 45 1st g 43/as 1934 opt 663/8 66% St Louis A San Francisco— Develop & gen M g 4s'56A&O July 1914 coupon on 993/8 99% Gen mtge gold 68 1931J&J 103% Dev & gen 634s '56 tempA&O Verdig Val Ind A W—See Mo Pa 97% Gen mtge gold 5s 1931__J&J Eq tr 6s Jan 15 '23-'3 5_J&J15 b5.75c/ 5.30 75 5 Vermont Val let 43is '40_A&O 80 Con mtge 48 July 1996_ __J&J Eq tr 5s 1922-24 A&O 1,5.611 54 Vicks Shreve & Pacific Birm Belt let g gu 45'22_A&O 98 Eq tr4)4sMay15'22 22611/1& N15 b5.60 o 95 98 96 Pries'15 ext.8%'40___MAN 93% 95% Sou West Div g 55 1947_A&O E Tenn reorg lien 513 1938 M&S 80 92 95 Gen 56 May 1 1941 93% St Louis Southwestern 1st Mem thy g 5s 1996_ _ _J&J 80% Virginia Midland—See So pA A N RA My 95 8.9460% 78% 1st g 4s 1989 certifs__ __MAN 78% 81 St Louis Div 1st g 45 1951 J&J 75 Va & Southwest—See Southern Ry 65 68 2d g Inc 4s Nov '89 cert__J&J Aiken Br let g 4s 1998_ _ _J&J 6934 Virginian Ry75 let consol g 48 1932____J&D Atlanta & Charlotte Air Line 7534 94 1st M g 5s 1962 opt 92% 80% 1st term dr unif 56 1952__J&J 1st M 45/as 1944 ser A_J&J 8034 Eq 6sApr'22 Apr30(s-asA,to b 5.75 96% 973% Eq 55 Ser D 1922-1923_ F&A b 6% 5.50% let M 58 1944 ser B____J&J 9734 98 76% 7734 Waoash-1st gold 5s 1939_ MAN Eq 5s Ser E 1922-1924__A&O b 6% 5.50% Atl & Danville 1st 4s '48_J&J 8734 21 gold Sts 1939FAA 8614 66 78 81 2d g 4s 1948 Cent Ark & Ea 1st 5s'40opJ&J J&J Deb mort 63 ser B 1939 &J 76% 82% Grays Pt Term g 55'47_ _J&D Atl & Yad 1st gu g 4s'49_ AA° =0 : 7 I t lien term g 4s 1954_ JA I 6834 40 77% Aug South g Ss 1924___J&D Shrev Bdg&Ter 5s'55 gu F&A 8234 Eq tr 6s 1923-35 (year).J&J15 b 5.80 5.35% 97% 9734 80 81 E T Va & Ga—Div g 58'30J&J StephenvNASTex5s'40op.J&J 90 _ Dei&Onlextiesgss 41 J&J 97% St Paul Bridge & Terminal Ry— Consol let g Ss 19136 __MAN 74 Des M dly 1st g 4s 1939 _J&J oti% 62 90 let M 6s 1929 95 Ga Mid let g 35 1946_ _A&O J&J 76% 80 Tal A Chic 45 g 1941_ _ _ _ MAS Knoxv & 0 1st g es 1925_J&J 100% 10034 St Paul & Duluth—See Nor Pac 66% 67% Omaha Div let 334s g '41A&O St Paul East GrTrunk—SeeChle & N W L dr N So joint g 4s—See LAN Warren RR—See D L & W 90% Mob & Birm pr lien8t1'45 J&J St Paul & K C Short L—See Ch R I & Pac r 74 7534 Wash & Coium Riv-4s '35 J&J St Paul Minn & Manitoba Gen M g 4s 1945_ ___ _JdEJ 77 Washington Cent—Sea Nor Pac 73% 91% 94 1st consol g 45 1933 Mobile &0 col tr 45'38 M&S J&J Wa sh Co RI—See Maine Cent 96% 98 111 Rich&Dau deb Ss stpd'27A&O let consol g (is 1933 J&J 109 Wash 0 & W—See Southern Ry 96% Richmond & Mecklenburg— 1st cons red to 4345 g '33_J&J 80 Wash Term Co-3)4s 1945 FAA 70% 90% let g 4s Nov 1 1948_ MA N Montana eat 1st 4s '37_ _JAD 85)4 .st g 4s 1948 guar FAA 97% So Caro & Ga 1st 34s'29MAN Pacific Ext 1st 4s £ 1940_J&J e Tex a Pac 99 W satherford Min Wells & N—Se 98% Eastern Ity of Minnesota— Va Mid Series E 5s'26-- MAE) Wast Jersey & Sea Shore96% 89% 9034 Series F 55 1931 Nor div let g 4s 1948_A&O M&S 85 813% Consol g 4s 1936 JAJ 5598% 99% Gen'! 58 1930_ MAN Minn Union 1st (is 1922_ _ J&J 83 Cons 33/as g SerB 1936._J&J 8154 975.1 96 Va dr Southw Ss 2003_ _ __J&J Mont Cen 1st gd 6s '31f J&J 108% 643/g 65 83 Wsst Maryland-4s 1952_ _A&O 81% 1st con g 58 1958 A&O 1st guar gold be 193?.._J&J 101% 96 5 Y gold notes 1915 op__ _J&J --- o 95% Wash 0& W 1st gu 48'24 F&A Wil & SF let 5s g 1938_ _JAD 100 95 Bsit & Harris g as '36_ _MA N P sic N Pac—See No Pac S & N Ala—See Louis & Nashv 1st M WestExt g 53'38 MAN 93 South Pac Coast—See Southern Pacific St Paul Union Depot Co 1334% West N Y & Penn 53 1937 J&J 9754 90 98 SpartanU&Col—See Ashv&Spar guar notes Dec 1.5 '23_J&D15 80 Gea mort gold 45 1943_ _ A&O 79 Spokane Falls & Northern Salt Lake City Un Dep & RR income g 5s Apr 1943 Nov if 2336 J&J 104 80 85 1st Os g 1939 1st M 55 1938 MAN Western Pacific RR Carp — Spokane International— San Ant & Aran Pass—SeeSoPac 87% 1st M 5s Mar 1 1946 -87% 79% let g Ss 1955 J&J San Fr & S Jo Val—See ATASFe 98% 1st M 6s 1940 Series B.._ M&S 98% State L & Sulliv 45is '29 J&J Ban Fran Term—See Sou Pacific Western Pa—let g 43. 93 95 1928_J&D Staten Isld Ry-'-See Bait & Ohio Santa Fe Pres & Ph—See Atch Top & S Fe West Ry of Ala-43/as 1918 eat Stephenv N & S Tex—See St L Sault Ste Marie Bridge— at 6% to Oct 1 1928.___A&O SW 80 Suff & Carolina—See Nor! Ss Sc let M s f g 5s July 1 1937_J&J Western Transit—See N Y C Sunbury Hazleton & W-B Bay Fla&W—See At! Coast Line West Shore—See N Y C dc.H R RR Co 101 95 1st bs May 1 1928 MAN Sav&States—let g gu 55'83 J&J 102 West Side Belt—See Pitts Term 98 2d mtge Inc Os '38 coup_ MAN Schenectady & Duanesburg— West Va A Pitts—See B A 0 lst guar (is 1924 M&S 101 10236 Sunbury & Lew—See Penn RR Superior Short Line—See Ch St P M & Omaha Wheeling A Lake Erie RRSchuylkill River E S—See B &0 72 70 1st consol g 4s 1949_ _ MAS & St P Tacoma Eastern—See Chic Mil Scioto Val & N E—See Nor & W Ref M 4)4s ser A 1968__MAS 69 683% 59)6 61 Tampa & Jacksonville Seab Air L—ist g 4s 1950 A&O Eq tr 5s 1923-27 (year)_..A&O b 5.85 5.50% 58% let M Ss 1949 ctf dep_Adc0 Stamped 5834 L 6rie Div 1st g Ss 1920_A&O 45 35 9634 97 28 2834 Tampa North 1st Ss '36 op_J&J Adjust M Sts Oct 1 1949_F&A Wheeling Div let g Ss '28 J&J 935/a 42% 43 Term RR Assn (St Louls)Ref g 45 1959 opt A&O 93% Exten & Inapt g 50 1930...FAA 93 91 59% 9334 1st gold 434s 1939 Adc0 593% let & con as 1945 Ser A_MAS Wh .eling Term-4s 1940. FAA 78 95% let consol gold Ss 1944_ _F&A 7% g notes Sep15'23__M&S15 "(W, 5.OO% Gen ref s f g 4s'53 op '10_J&J 80% 81 Wichita Falls A Northwestern. Eq g 55 Aug'22-Aug'23 FA Al5 jjor / 70 80 1st Ss Jan 1939 108 6% 5.60% Equip trust 6s 1922-27_ J&D St L Br let g 75 1929 A&O 106 1st A ref g Ss 1940 op_ _ J&J / 60 65 96 94% Atlanta-Birmingham Divis— St L Mer Bdge T-58'30 A&O __ _ Wicalta Union Term Ry— 70 7134 Mer Bdge 6s'29 op '09 FAA lst g 4s May 1 1933 _M&S 1st g gu 00'41 opt____MAN 06% 82 Terre Haute & Ind tia 1925_J&J Car Cent 1st g gu 48'49_ _J&J Wiles-13 A East—See NYS& W Terre Haute & Peoria— Florida Cent (lc Peninsula Williamsport & N Branch RR — let con g 55 Sept 1 '42 MAS 1st g 55 1918 ext to 1923 70 1st ref g 4)4s 1931 95 97% Jtstj 99 Texas Central—let 1513 '23_A&O at 6% Wilimar&SFalls—SeeStPMA " 1 00 j 88 Texas & New On—See So Pac 1st 1 g ext 5s gold 1930_ J&J Wil & Nor—See Phila & Read' 86% Texas & Okla—See M K & T let con 55 gold 1943_ J&J 96 Wil de Weldon—See At! Coast 95 86% JAD So Bound lat g 5s'41_ _ AA° 8854 Texas dr Pac let 55 2000 Winaton-SalemSouthbound— 76% Mar f 58 2d Inc g1313 Dec 2000 Georgia & Ala 58 Oct '45_J&J ____ 8234 .1,1ci 80 1st g guar 43 1960 86% 80 J&J Lou Div 1st Ss 1931 Ga&Ala Term 1st g 5s'48 JAD 90% Weatherf'd Min W dc North Ga Car & N—lst 5s g'29_J&J 74% 77% 98 F&A 1st gu g Ss 1930 RaPh&Aug'sta—lst 68'20 J&J 87 Toledo Can Sou dr Det—SeeMic h Cent RaPh&Gast'n—lst g5s'47J&J 89% Seab&Roanoke--lst5s'26 J&J b Basis. /This price includes accrual interest. k Last Site. I In London. n Nomtnal. s Sale price. JUNE, 1922.] 37 RAILROAD STOCKS-PUBLIC UTILITY BONDS marked "f" and income and defaulted bonds. NOTICE.—All bond prices are "and interest" -except where Bonds and Stocks. Bid. Ask. Stocks. Par. Bid. Ask. Stocks Par Bid. Ask. 115 New York & Harlem (guar)_ 50 d 105 100 80% 8036 Detroit dr Mackinac 102 96 Wisc Con Ry-1st M g 413149JdrJ N Y Lack & West (guar)_ _ _100 100 Preferred_.... 33 3236 Mttrshfield & South East Div dr Hartford.100 534 NY New Haven 5 Duluth South Shore & Ati_ _100 6236 28 3 2736 ttr mon 1st g 4s 1951_ RISEN N Y Ontario & Western___ _100 10 9% 100 Preferred 8034 19 793.I 183 100 Su p & Dul Div 4s 1936__ McieN 60 Norfolk Southern 50 d 55 East Penna (guar P dr R)_ 60 Mlnneap Term 330'500p Jtir.I 100 z 10634 1073( 40 Norfolk dr Western Ry 50 d 35 (guar) Elmira & W'msport 75 78 74 100 W in 4ash&Roch-4sJan'30 J&J 54 Adjustment preferred__ 50 d 50 Pref (guar Nor Cent) 66 A&O 135 4s Oct 1 1934 1734 No Carolina (guar So RR)_ _100 125 17 100 Erie—Common 4236 76 Yose nite Val s f g be 1936__J&J 25 2536 Northern Cent (guar Pa RR) 50 d 7534 100 let preferred 82 % 183 North'n N H (guar B & M)_100 18 100 ' 2d preferred 7634 i r i;i RA ILROAD STOCKS. Par. 100 77 Ry Northern Pacific 50 d 70 Erie & Kalamazoo (guar) 52 60 55 Ala treat Southern com___ 50 d 50 61 North RR of NJ (guar Erie).100 Erie & Pitts (guar Pa RR).._ 50 d 55 58 50 d 55 100 er sferred Co stubs_ __ d 98 Northern Securities Fonda Johns & Gloy com_ _100 100 80 Alab anna & Vicksburg 40 North Pennsylv (gu P dr R)_ 50 d 75 _100 Ft Dodge Des M dr Sou pref. 195 Alba ny & Susquehanna(gu)_100 185 Norwich & Wore pret(guao_100 100 102 95 (gu) 100 Ft Wayne & Jack—Pref 108 72 (guar)___100 100 65 Atlegheny & West Ogden Mine RR(gu CenNJ).100 & Bank Co (guar)_100 210 Geor RR 18 17 100 95 9236 Ann Arbor common 15 Old Colony (gu NYNH&H)_100 5 449/ Georgia Southern & Florida_ 100 46 100 119 Pr sferred 100 161114 40 32 Ontario & Quebec 100 1st preferred 99% 100 993% 86 A tch Top & Santa Fe 35 Oswego & Syra (gu DL&W)_ 50 d 80 24 100 2d preferred 3 9134 90% 100 Pr sferred 40 4034 Pac Coast Co—See Misc stocks Ry—Pref.._100 434 494 Great Northern 4234 50 d 42 AltarIts Birm & Atlantic_ 100 ia Railroad Pennsylvan 78 (no par) d 7734 Ore certificates 165 110 Alla t & Char Air L (guar) 100 155 Peoria & Bureau Val (guar)_100 100 100 Green Bay & Western 130 100 115 1434 13 A tla tta & West Point 100 Eastern Peoria & Deb Ws A & B—See under bo nds a 102 34 3434 Atla Mc Coast L Co of CL_ 50 d 18 Pere Marquette temp y t c_ _100 1794 Gulf Mobile & North com.. _100 6934 69 AltarMc Coast L RR com_ _100 1053% 106 100 vot tr ctfs Pref temp 3734 38 101 Preferred 82 78 78 77 Alla ttic 1st leased lines rent tr Id 92 100 Prior pref temp v t c Harrisburg Ports Mt J dr Lan 50 d 100 95 100 117 Aug sta dr Say (guar) Plana Germ & Norris (guar)_ 50 d 113 51 Hartford dr Con Western _100 50 100 196 Batt dr Ohio—Common Plana & Trent (gu Pa RR_,)_ _100 186 6136 6134 Hocking Valley—Common _100 100 30 25 Pr sferred 19% Pittsburgh Bess & Lake Erie 50 d 55 18% 40 Hudson Companies—Pref _ _100 60 Bute a Creek (guar N Y Cy._ 50 4 36 50 d 14% 14 Preferred 100 152 Hudson & Manhattan 151 71 7034 Bast & Alb (guar N Y C) 100 Cln Chic & St Louis_ _100 Pittsb 37 100 29 Preferred 100 283% 142 Bast m de Maine Pittsb Ft W & Chic pref (gu) 100 138 32 34 Huntingd & Broad Top y t c 50 d 100 131 Pr sferred (guar Pa RR)___100 124 Common 50 d 42 41 Preferred v t c 100 120 50 d 116 1st pref A 107 Pittsburgh & Lake Erie 100 105 60 Illinois Central 100 53 1st pref B 108 109 Pittsb McK & Yough (guar) 50 d 4734 Non cum 6% pref w i 63 100 - - le prof C 36 35 100 74 Pittsb & West Va com 7036 100 74 73 Leased lines (guar) 100 90 8834 1st pref D 100 Preferred Stk tr ctfs—See RR Secure Co 136 128 B 'at & Proy (guar Old Col)_100 155 1 3 Pitts Youngst & Asht pref....100 35 45 Int & Gt Nor Hold Corp ___100 B alt un Rev Beach dr Lynn....100 100 125 5 Proy & Worcester (guar) 63 72 Internat Rys(Cent Am)corn 100 Id 3 B iff do Roch & Pittsburgh 100 26 Railroad Securities Co— 100 /d 22 Preferred 94 95 100 67 63 Pr sferred 10 4% Ill Cent Stock ctfs 1952_ 8 100 83 Iowa Central 7634 56 d 76 B 1ff & Susq RR Corp com.._100 114 Reading Co Joliet & Chic (guar C & A)__100 107 51 100 55 50d 5494 Pr sferred 110 100 preferred 1st Kal Allegan & Gr Rap (gu)_100 28 56 A 5 d 553 0 Camlen & Burl Co (guar).._ 254 23 2d preferred 52 K C Ft Scott & Memphis Ry— 100 125 120 Ca isda Southern 70 Rensselaer & Saratoga (guar)100 239 65 Prof Cent Tr ctf dep stpd_100 3 100 141% 142 240 (Ilan Pacific la Ca 88 Rich Fred & Pot—Common_100 225 96 K C St L & Chic—Prof (gu)_100 81 100 ld 79 232 .)t• iferred 100 27 Dividend obligations 100 2636 Kansas City Southern Caro Clinchtteld & Ohio com 100 ---100 240 58 6% guaranteed 57 100 Preferred 100 er starred ---100 240 836 734 7% guaranteed 100 Keokuk & Des Moines 42 C .ta N18811 RR—lst pf (guar) 50 d 38 ---20 Rich & P & It F dr C Conn__ 70 d ---100 Preferred 42 50 d 38 ad pref (guar P dr R) ----100 81 76 Rio Grande Southern 100 Lackawanna RR of N J 45 85 100 C sy ga dr Susq (gu D L & W)30 d 38 100 2734 Roch & Genesee Val RR_ 27 100 Lake Erie dr Western 90 80 100 18236 185 C tut al of New Jersey 4434 Rome & Clinton (gu D & H)..100 4434 100 683 6838 48 % Preferred 100 4936 C testapeake & Ohio 100 Rutland preferred 1136 1136 Lehigh & New York pref.. _100 --100 C tic 'go & Alton RR ------66 St Joseph & Grand Island_ _100 50 d 6536 % 193 Lehigh Valley 19 100 iferred Pr ------100 let preferred 50 d Preferred 175 100 167 C tic igo Burl & Quincy ------100 2d preferred 50 d 87 3794 Little Miami orig guar 3734 111 Chic & East Illinois new corn_ 41 St Louis Bridge let pref..... _100 107 Spec guar betterment stk_ 50 d 38 5534 56 5434 New preferred 52 100 2d preferred 40 93% Lit Schuyl Nay RR&Coal(gu)50 d 35 30 2934 100 934 C tic Gt West com St Louis-San Fr stock tr ctfs_ 100 Sod . 2334 Long Island RR 2236 48 100 4936 Pr iferred Pref stock tr ctfs Ser A__ _100 100 90 Louis & Mo Riv pref (guar)_100 31 100 Ind & Louisv corn C tic 30 100 St Louis Southwestern Loutsy Fiend & St L com_ _100 49 100 4934 er lerred 100 Preferred 100 Preferred 273% 74 82 2736 C tics go Milw & St Paul........100 120 Saratoga & Schenectady (gu)100 100 119 43 100 4336 Louisville & Nashville Pr ferred 81( 7U 100 425 Seaboard Air Line corn 50 d 390 76 12 12m, 7534 Mahoning Coal RR C aic'o& North Western 100 100 50 Preferred 60 d 45 113 Prof (guar L S & M S)_ 100 112 40 Pr tferred 50 d 35 45 Sharon 100 4534 100 4534 Maine Central 8934 Chic R I & Pac corn 100£ 89 70 Southern Pacific Co_ 100 Preferred 98 100 9734 2436 2434 , pref 100 Southern Ry common % Manchester & Lawrence_ ..100 84 833 100 57 5636 , met 100 2 Preferred 65 66 Maryland & Pennsylvania_ _100 62 66 St Paul Minn & 0_100 Chic 'go Mob & Ohio stock trust ctfs_ 9836 Massawippi Valley (guar)_..100 96 100 98 Pr iferred 95 165 Southwest'n of Ga (guar)___106 100 156 Michigan Central Chic Terre Haute & S E__ _ _100 3331 32U 100 52 Texas & Pacific , 7 Hay (gu)_ 50 d 49 10 Minehill & Schuyl 40 41 Clue Indianapolis & Western 100 dep Series B __ 13 1234 Tol St L & W ctf 12 15 100 Minneapolis & St Louis_ _ 100 4634 4434 Pr iferred Prof certif of deposit Series B_ 60 61 S S M__100 Minneapolis St P & 60 Cinc New On & Tex Pac__ _100 210 (gu N Y C)_ 50 d 52 85 80 Troy & Gr'bush 100 .. 100 x97 Preferred 106 111 iferred Pr 100 65 Tunnel RR of St Louis 67 100 100 4% Leased Line Ctfs 94 100 Cincinnati Northern 100 14134 14194 Union Pacific—Common 2234 -100 50 d 50 60 Mississippi Central 74 2 7534 Cin Sandusky dr Cleve pref 100 19 Preferred 18% wl ___ 69 7034 Mo Kan & Tex corn new 199 Cloy Cin Chicago & St L-100 Canal(gu) 100 195 41 4134 United NJ RR dc Preferred new w I 100 8994 118 110 8734 ,ferred Pr 28 2834 Utica Chen & Susq Val (gu)_100 Part warrants 2nd assess pd.._ 72 45 Cloy & Pitts (Guar Pa RR)._ 50 d 68 35 26 2734 Utica Clinton & Binghamton100 Pt part warrants 2nd assess pd 41 95 100 Be ,term't stk (Cu Pa RR) 50 d 38 425 Valley RR(N Y) (guar)___ _100 4134 Full paid 4934 100 5034 98 Colo ado dr Southern 97 (guar)__ ....100 1336 Vermont & Mass 1294 6034 100 6134 Missouri Kansas dr Texas_ _..100 37 1st preferred 32 100 Virginian Railway 14 15 100 Preferred.. 54 100 57 1334 2d preferred 13 100 2334 Wabash Railway 23 100 Missouri Pacific corn nbus dr Xenia (Guar)._ 50 d 85 Coln 3334 33 100 Preferred A 57 5736 100 100 Preferred 2234 2334 Conc n'd & Ports (guar) 100 B Preferred 65 60 77 Mobile dr Birm pref (guar)_ ..100 80 Conn & Passumpsic—Pf(gu) 100 Ware Riv RR (gu B & A)_ _100-1 100 Mobile dr Ohio—See South'n Ry 3 a Crip 4e Creek Central ) 80% Warren N J (guar D L & P;7 50 a °I., 50 d '77% 11 100 Morris & Essex (quar.) 16 ferred 1234 1174 Pr West Maryland Ry com___ _100 -- 100 --- 100 Id 48 Nashua & Lowell 52 Cuba RR preferred 65 58,, 100 1st preferred Nashv Chatt & St Louis__ _100 10034 110 36 Sr Mich com (guar)_ 50 d 32 197s Da_yt an 2034 100 2d preferred 40 50 d 70 Nashy & Decatur (gu L &N) 25 d 35 223 2136 Pr f (guar C H &D) Western Pacific RR Corp......100 14 15 National Rye of Mex let pref100 155 6234 6134 Delayrare & Bound Br (gu)_ _100 145 100 Preferred 634 634 100 100 122 125 Second preferred Delayrare & Hudson 36 0 d 35 West Jersey & Sea Sh—Com.5 68 67 50 d 12434 126 New On Texas & Mex v t c___ 13. Delayrare Lack & West 1334 100 Wheeling & Lake Erie Ry 83 75 25 d 37 N Y Bkln dr Man B pref (gu) 100 40 24e 25 Delayrare 100 Preferred 9036 9034 100 100 New York Central RR Deny or dr Rio Grande 31 29 100 Wisconsin Central 102 $ --in London Id 99 100 Dividend payable --- a 65c. Pr forred ---e & Tennille, COM 25 d ---8094 Wrightsvill 7994 New York Chic dr St Louis_ ..100 (battles & Fort Dodge....100 Ii Des 94 88 100 100 let preferred Pr ferred 8334 82 100 72 2ti preferred_ 80 Detr it Hills & S Af (guar) 100 Ex rights x Ex Ai, Sale price. g New ()Basis. d Price per share not per coot. I Flat price. k Last sale. I In Londou. n NOWitits. • . . . PUBLIC UTILITIES (Includes street and electric railways, gas, electric, power, water and telegraph and telephone companies.) NOTICE.—All bond prices are "and interest" except where marked "f" and income and defaulted bonds. Bid. Asa. Bonds Ask. Bid. Bid. Bonds. Ask. Bonds. . —-. — American Teleph & Teleg Co— 99 101 American Cities Co— & L let 6s'50.M&S kdirondack P 91 9034 Coll trust gold 45 1929.... _J&J ____ ____ Coll trust g 5-6s 1919 opt _J&J idlrondack Elec Power Corp 8734 8634 Cony g 48'36 cony af'09.M&S 64 91 6434 93 Certifs of dep stamped__ __ let M gold 5s 1962 opt_ _ _J&J 10234 Cony 436s '33 op aft '25_ M&S 102 82 79 9034 9234 American Gas deb 6s 2016 __J&J tlabama Power 1st 55'40M&S 9734 J&D 9734 Coll trust 5s 1946_ 8534 85 99 101 Am Gas & Elec coil 58 2007.F&A Os 1951_ __J&D let M 1 & ref 115 F&A 115 Cony 6s Aug 1925 88 92 Am L5& Tr 6% notes'25_ M&N 107% 10734 Uabarna Water 1st 613 1932_ J&J 101 1 9954 8% notes Feb 1 1924._ F&A 101 98% 87 J&J 92 Without warrants Deb 78 1924 A&O 10036 10034 9134 9234 8% notes Oct 1 1922 Am Pow & L deb 6s 2016 _M&S 1lbany Ry—See United Tract'n 8134 80 107% Amer W W & El 55 1934_ _A&O 83 ss gold May 1 1941 ____M&N 106 85 59'39_M&S 1.lbany Sou RR let 85 80 _-_- Americus Ltg let s f 6s'37_ A&O __ Amer Pub Sem" 6s 1942___J&D Bellevue & Perrysv—See Philo, C o & Elan Oleg Anacos dr Pot River RR—See W ash Ry 75 70 Amer Pub Util coil 6s 1936_ A&O 88 Won Wan & St Tr—See East St L & Su b 8734 Appalachian Pow 5s 1941 ._JiirD 68 65 Amer Itys coil tr 5s 1931..._F&A 9R 97 iltoona & Logan Val Elec Ry— 7,, 70 epic] bonds Amt. 1 '36 RfrA 62 15 65 Con e 41.45 1933 gu__F&A price. a Sale price. I This price includes accrued interest. k Last sale. n Nominal. r Canadian 38 PUBLIC UTILITY BONDS [VOL. 114. 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. Ardmore St Ry—See Phila Co California Gas &'Elec Corp— Columbus Dela & Marion Elec Arizor Pcw Os'33 opt'13_ M&N Sink fund g 58 1933 opt_ M&S 77% 79 98 Co 1st & ref 5s, June 1937____ 9734 78 84 Arkansas L & P 1st 65,'45_A&O 88 Unit & ref g 5s'37 op s f M&N 91 96 Gen M 88 1941 9534 97 100 Con- 8% notes 1931_ _ M&N , 93 Cal Cent Gas SG El 5s '31 F&A 98 ____ Columbus 0.11) El Co 5s'33ASGO 105 9734 Ashevifle (N C) Pow & Light— California-Oregon Power Columbus 0)Gas 1st 5sg'32J&J 84 let 5 1 g 55 1942 opt__ _A&O 89 92 1st & ref 73.48 Ser A 1941P&A 104 Columbus( Interurban Ter Co 0) Ashland (Wis) L, Pow & St Ry Cal Pac Ry—See Pacific Elec R y 1st guar 58 1935 J&D 55 1st M gold 55 1939 77 Calumet & South Chicago RyJ&J Col Lond SG Spring! Ry—See Ind Col & East Atchison Ry, Light & Power 1st M rehab g 58'27 op'12F&A n 72 75 Columbus Newark SG Zanesv— 1st 5s Nov 1935 50 M&N 60 Camden & Sub Ry—See Public Service Cor 1st gold 5s 1924 M&S 20 25 Athens (Ga) Ry & Electric Canadian Gen Elec, Ltd— Gen & ref gold 5s 1926_ M&N 1 10 20 1st & ref s f g 58'50 op '15 J&J Deb g Os 1942 Ser AA&O 101% 102 Col Buck Lake & New Trac Atlanta Cons St RR—See Ga y SG -hi" Canadian L & P 58'49 op'14 J&J 75 1st gold 581921 77 ALIGN 1 12 30 Atlanta Gas Lt 58 g 1947_ J&D 89% Canal & Claib RR—See N 0 Ry & L Zanesv R,L&P 5sMar'24ASGO Atlanta Nor Ry—See Ga Ry & El Canton-Akron Con Ry 5s'33 J &J 70 80 Colum & 9th AvRR—See N Y Rys Atlantic Ave RR—See Bklyn R ap Tr . Can-N Phila g 58'23 op FSGA 99 9934 Columbus (Ga) Pow5s'36_ASG0 94 96 Atlantic City (N J) Gas Cape Breton Elec Co 53'32_J&J 82 85 Columbus Ry Pow & Light 1st g 55 Jan 1 '60 opt '20_J&J Capital Trac (Wash, D C) 1st ref SG ext s f 5s 1940_,A&0 90 92 Atl City & Sh RR-58'45_J&D 1st g 55 June 1 1947 Ref m g 6s 1941 J&D J&D 983 9834 98% 99 Atlan Coast El 1st 5s '45_ _ MeGN Carbondale Ry 5s Nov '33_J&J 60 Col Ry 1st 4s'39 opt'14_Q&J 68 70 Auburn SG Syracuse Elec RR Carolina Pr & Lt 58 1938_ F&A 91 93 Col St Ry 1st 58 g 1932_J&J 84 86 1st & ref g 55'42 opt'12_A&O 45 .55 Yadkin River Pow SG Palmetto Cross St 1st 58 g 1933_J&D _ _ 84 Augusta-Aiken Ry & El Corp— L Jt Os 1924 94 J&J 96 Com'cial Cable -4s g 2397_Q&J 72 72% Sink d g 5s Dee 1 '35 opt J& D f 22 Cass Av & F'r Gr'ds Ry—See U nited R y (StL) Commonwealth-Edison Co 27 Augusta Ry & El 58'40J&D Central Ark Ry & Lt Corp 1st g 55 June 1 1943__M&S 98 98% Aurora Elgin & Chicago BR— 1st 1 s f 58 1928 91 M&S 93 1st g 6s June 1 1943_-__M&S 106% 107 IM & ref g 55 1946 opt_ Central Calif Tr 5s 1936_A&O 10 5 7% coil g notes 1925_ ___J&D 102% 103 A E & C Ry 1st g 58'41 A&015 75 80 Cent Crosst RR—See N Y Rys Corn'weath El 5s J'ne'43_M&S 974 3 Salt & Ann S L—See Md El Ry Central District Telephone-Com'w'th L & P 68 1947_..M&N 75 82 Bait Elec lot g 55 '47 gu_J&D . 04%, 1st s f g 5s 1943 op '18_ J&D 9834 9934 Commonwealth Power Corp— BaitSpP&Chee—Seelln Ry & El Cent Ga Pow—See Ga L Pow & Rys S f g 6s May 15 1917_M&N15 90 91 Bait Traction—See Un Ry & El Cent Hud G & E 5s 1941 J&D 80 Commonwealth Power (Mich) Bangor(Me)Po 4-4 %-5s'31M&S Cony deb 6s 1925 85 A&O 1st g 5s Dec 1 1924 J&D HA 98 Bangor Ry & El 1st 58 1935.J&J '0" Cony deb 7s 1935 75 J&J Compt Ms & Mer Ter—See Un ited Ry Baton Rouge Elec Co Central Ills Lt 1st 58 1943_A&O 89 91 Conemaugh Power 8s 1930 A&O 104% 1st M 55 1939 86 89 Central Illinois Public Service F&A Conestoga Trac 1st 48 'SO_ J&J 7% cony g notes 1923__J&J 115 1st & ref g 5s 1952__FSGA 80 83 Coney Isl SG Bklyn RR 4s'48J&J /65 75 Bay Counties Pow 581930_MSGS 98 Cent Indiana Gas 55 193EMSGS 85 Consol gold 48 1955___J&J f 60 Beaver Val Tr gen g 58'53_M& N 55 65 Cent MainePow 58'390p'19M& N 9314 05 B C & N 1st cons 5s 1039 J&J 70 75 Bell Tel Canada deb 5s'25.A&O 95 96 1st & gen m 75 1941_ ___J&D 10234 101 Conn L & Pow 1st 58 1939_J&J 92 1st 7s Apr 1925 1st & gen 6s 1942 A&O 102% 103% 9734 100 J&J 1st & ref s f 78 '51 ser A M&N 108 109% Bell Telep of Pa7s'45 Ser A A&O 107% 107% Central N Y G E 5s 1941_J&J Connecticut Power 55 '63_A&0 90 Binghamton(NY)L,H & P Cent Pow & Lt 6s 1946A&O 1st SG coil tr 58 1956 _J&J 90 70 1st ref 5s 1946 75 Central Ry-SeeUnRy&E1(Balt) F&A 7% notes Dec 1926 101 107% 50 BinghamtRy 5s'31 op'11.MSEN CentStatesEl 5% g notes'22J&D 993% 100 Conn Ry dr Lt 434s 1951_J&J 73% Birm Knox & Al—See Phila Co Central Trac—See Phila Co Stamped guaranteed opt'L _ _ 74% Birm Ry, Light & Power— Charleston Cons Ry Gas & El— Conn RI,Pow 1st Ss 1937_J&D 94 ooTi Genre!g 43054 op'09_A&O 74% Consol g 5s 1999_____ M&S 83 Consolidated Cities L P & Tr Ref & ext g 6s 1957_ _ M&N 82% 100 8334 Ch City Ry 1st g 551923_J&J 99 let lien 8s 1962 stpd____J&J 70% 75% Birm Ry & El 1st g 5s'24_J&J Chattanooga Ry & Light Consol Gas of Bait 5s 1939_J&J 99 99% 94 Blackstone Val G&E 58'39_J&J 65- 1st & ref g 5s 1956 op'16 M&N 74 Gen g 434s Apr 1954___A&0 86% 87% Bleecker St AG F ul Ferry—See N Y Rys Chatt Rys 1st cons 55'56M&N f 75 85 C msol Gas Elec L dr P (Balt)Blue Lakes Wat 1st 68'38M&S 103 Ches & Pot Tel 55'29 op'09 J&J 9736 Gen g 434s Feb 14 1935__J&J 9634 90 90% 98% Boston El L 1st con 55'24_M&S Ches & Pot Tel of Va 5s'43 M&N 9134 1st & ref s f 734s 1945__J&D 103 Boston Eley Ry 45 1935_ __ M&N 80 Chicago Aurora & Elgin RR— tat ref s f 7s '31 ser CA&O 1.61 1053 82 Deb g 4%s Oct 1 1937 ASGO Ref & imp 7s 1947 w 1 85 7% notes Aug 1922 F&A 10034 100X Deb g 4%-s Nov 1941___M&N 81 Debenture Os 1972 w I 15 C msol Gas N J 58 g 1936___J&J 86 90 Deb g 55 Dec 1942 90 Chicago City & Connecting Rys J&D 1st ref 5s 1965 A&O 80 Deb 6s Mar 1924 Col tr s f g 55 Jan 1 1927_A&O 5134 C msolidated Gas (N Y)M&S 100 51 West End St 58 1932.__M&N 9234 Chicago City Ry 1st 5s '27_ F&A 8034 8134 Cony g 78 Feb 1 1925.___Q-F 117 118 905 58 May 1936 Chicago Elevated RysM&N 7s Dec 1 1922 J&D s tis March 1944 88 5% notes 1916 ext 1919_J&J M&S ---_ Underlying cos—See NYGEL H ac-i; 98 4%s Jan 1 1923 Chic June RR 45 1945_.M&S -- C msol Ltg Co(Vt)18t53'26J&J 87 90 75 Aug 1924 Chic North Shore & Milw RR F&S 101% Consol L H & Pow (West Vii) 75 Sept 1947 1st M g 5s 1936 M&S 113 1st g 5s Dec 1946 .14r.1 J&D 75 85 90 4%s July 1 1930 7% gold notes '30 Ser A_J&D J&J Congo! Pow 6% notes'22_F&A 100% 45 Aug 1 1932 85 Chicago & Oak Park Elec Ry— F&A Con Ry(NewHav)deb 48'54J&J 52 63s Feb 1927 Lake St El 1st 55 1928 gu_J&J F&A 101 Deb 4s 1955 J&J 50 .5 8 40 Bost&Wore St Ry 4%s'23 F&A 50 Chicago Railways Co Deb 48 1956 guar J&J 50 53 Brazilian Tr Lt & Power 1st m g 5s 1927 opt____ F&A , 823% 83 Cons g 48 1930 F&A 56 6% gold notes Nov 1'22 M&N 100 100% 74 Cons Ry & Pow (SaltLake) See Utah L & Con M 5s Ser A Feb '27_ASGO -y ft 83 Bridgeport Gas Lt 4s 1052 _J&J 48 Series B Feb 1927 J&D 4934 Cons Tr(NJ)—SeePubServCorp Bridgeport Hydraulic Co— Series C Feb 1927&A Con Wat of Utica-18t5V30.J&J 88 92 b% gold notes June '25 9834 99% Pur mon 4-5s Feb '27 op.J&J 51 Deb 58 Jan 1'30 op 1011...J&J 87 91 BwaydG7thAveRR—SeeNYRys Adj Inc 4s Feb 1927 op_ May 25 Consumers El L&P (New On) Bway Surface RR—See N YRys Chic Sou Bend & Nor Ind RR 1st M Ss 1936 J&J 83 84 76 Bronx G&E 55 '60 op aft'20 J&J 77 1st g 5s Jan 1 1937 40 50 Consum L H dc P Co (Ellz,N J) J&J 75 Bklyn Boro Gas 5s 1945 op J&D 80 Chicago Telep 55'23 op '13.J&D 9934 100 Lis 1938 J&D 86 Bklyn City & New RR—See C I & Bk RR Chris & 10th Sts Hit—See N Y Rys Consumers' Power Co (Mich)— Brooklyn Edison Co— Cicero Gas—See Northwest Gas Light & Coke let & ref g Ss 1936 op'16_JSGJ 94% 95% 94% 95 Cin D & T Trac gold 55'22_J&J Gen M 5s ser A 1949_ _ _J&J Gen & ref 75 1930 Ser A _J&J 101% 102 Gen M Os Ser B 1930_ _ _J&J 101% 102 Cincinnati Gas & Electric— Gen dr ref 75 1935 Ser B__J&J 102% 102% Gen M 78 Ser C 1930____J&J 105% 106 let & ref 5s 1956 Ser A_ _A&O 96 0634 C ontinental Gas & Electric Gen M 78 Ser D 1940_ _ _J&D 107k 107% 8% cony notes 1922.... J&D 110 --- 1st lien coll tr 5s 1927_ _M&N 91 92% Kings Co El Lt & P—See un der K 7% gold notes 1922 J&D 10034 Crosstown St Ry—See Col Ry & Lt Brooklyn Rap Tran-58'45 A&O f 62 6134 6% notes Mar 15 1922M&S15 10034 Cross St Ry—See Int Tr (Buff) Equit Tr Co ctfs dep f 61 62% Cincinnati Gas TransportationCamberland Co (Me)Pow&Lt1st ref gold 4s 2002 jsrj 5914 62 1st 55 1933 guar OD '13 J&J 9834 1st & ref g 58 1942 M&S 85 90 3-yr 7% notes 1921 85 9834 Double guarantee_ Carnbland T & T 5s 1937__J&J J&J f 83% 93% 91 Cent Un Tr temp ctfs dep_ f 83% 85% Cin New & Coy Ry 5s 1922_J&J 99 Cuyahoga Telep lot 78'4E J&D 105% Temp ctfs dep stpd_ _ _ _ 81 98% 2d g 55 July 1922 81% Dakota Central Telep Co J&J 85 Bklyn City—lst 5s 194EJSGJ 1st gold Os 1935__ ___ J&D So Coy & Cm n 6s g 1032 J&J 100% 94 97 Bklyn Hts 1st 5s 1941_ ASGO 25 Cities Service Co— Dallas Gas lot g 50 1925opM&N 90 95 Brooklyn Queens Co SG Sub Cony g deb 78 1966 Ser C_J&J D illas Pow & Lt 68 1949_ _J&J 100 9634 101 65 1st M g 55 1941 opt '16 Mr.! 70 Citizens' Gas (IndianapolisDanv St Ry&L Co 53'22-'25.1SO 81 51 1st con gu 5s July'41_MSGN 53 87 1st & ref g 55 1942 8934 Danville Urbana SG Champ RyJ&J Bklyn Un Elev 5s 1950_ _ F&A 85 86% Citizens L, H&P(Johnst'n, Pa) 1st 58 1923 optional__ _ _ M&S 92 95 82 stamped guaranteed 85 1st g 5s 1934 opt 1914_ _M& N 92-D arby Med & Ches Ry—See Ph 71% Kings Co El 1st 48 1949_F&A 73% Citizens' Ry ac Lt—See Muscati ne Lt & Tram-- Dayton (0)Gas5s'30 op'15MSGS la R Tr 88 Stamped guaranteed 71% Citizens St Ry—See Ind Tr & Ter Dayton Ltg let 55 '37 op'12M&3 02% 95 65 . Nassau Elec—lst 5s '44_A&O Citizens' Tract—See Phila Co. Da3.on Pow dr List 5s '41_ J& D 1st g 48 Jan 1 1951____J&J f 48%, City Elec San Fran 5s 1937_J&J 51 92 1st lien & gen M 78 1023M&5 155- loi g f 75 Atlantic Av con 5s g '31_ A&O City & Sub Ry—See Port (Ore) Ry 80 Dafiance (0) G&E 58 1942M&S Bklyn Bath&WE5s'33A&O 1 65 City & Sub Ry—See Wash Ry & El Dalaware Co & Phila—See Un P SG Trans 93% BklynUnGaslst con5s g'45M&N Clev El Ill 1st 55'39op'24..A&O 97 9834 DanYer City Tramway 9734 1st lien&ref 6s '47 Ser A.M&N 105 10234 1st M coil 7s 1935 105% 1st & ref g 5s 1933 op s f M&N J&J 102 52 50 Cony deb 78 1932 10834 Gold deb 7s 1941 109 M&N 107 Con Tram con g 58 1933_ASGO F&A 105 84 94 Cony deb 73 1929 111% Clev Painesv Sr Ashtab ElecM&N 110 Danv Gas & El 1st g 58'49 MSG N 95% 93% Brownsville Ave—See Phila Co 1st gold 5sJuly 1 1922___J&J f 10 12 lat & ref 58 1951M&N 86 88 Buffalo City Gas g 58 1947_ASGO Clev Pains & East Con 58'18— Gen M 7348 Ser A 1946_ M&S 103 105 Buff Gen Elec 1st 53 1930F&A 65-- 65-72 Ext at 7% to 1923........A&O 60 D3nver Tram Power Co 1st ref 5s April 1 1939___J&J 93% 95 Clev Ry 1st 53 1931 opt M&S 92 95 1st imp g gu 58'23 op'08ASGO n 85 90 Deb (is 1922 Cleve Southwest & Colum RyF&A 106 D River Tramway Terminals Co Cony deb 75 1925 60 165— 1st gen con 58 1927 opt_ _A&O A&O 105 let m g gu 5s 1922-'40__M&S n 55 65 Buff SG Lack Tr 1st 5s'28 opJ& D Clev&SW 1st 53'23op'13.F&A D mover Union Water— 13 Buff & L E Tr 1st 5s '36_ _M&N 18 Cl BerEly&Ober5s g'19_M&S SoPlatteCanal&Res5s'23 J&J 99 100 Hamburg Ry 48 1926_ __M&N Clev Ely & West 7s,'23_F&A Darry(NH)Elec 88 1951—MSGS 103 106 Buff & Niag Falls El L & Pow CoastCos L&P 1st 59'46op F&A Dos Moines de Cent Ia Elec Co8434 80 1st g 55 1942 85 ColoradoPower-lst 5s '53 M&N F&A -S F 68 1937 op Ser A ..M&S 91 95 Burl'ton(Vt)G L 5s 1955 .J&J 80 Columbia G & E 1st 5s '27_J&J 85 95 95 S F 5s 1937 op Ser B___M&S 84 78 Burlington (Ia) Ry & Light 9e34 Das Moines City Ry 55 '36_J&J f 60 Stamped 95 __ 1st s f gold 58 1932 opt_ _ M&S 93 Deb. 55 1927 90 J&J Datroit C Gas 5% g M'23__J&J 90/ Butte El&P 1st at 58'22-151J&D Columbia (S C)Ry & Gas El Co Prior lien 58 1923 100 J&J 99% California Electric Generating 1st M f g 5s 1936 84 J&J 88 Det & Sub Gas 1st 58'28J&D 88 86 1st s f g 5s'48 op aft '12 M&S 91 Col Buckeye L & New—See Col Newark &Zanei -- f This price includes accrued interest. k Last sale. a Nominal. r Canadian price. $ She price. 39 PUBLIC UTILITY BONDS JUNE, 19221 NOTICE.—All bond prices are "and Interest" except where markei "f" and income and defaulted bonds. Bonds. Bid 98 Detroit Edison 1st g 55 '33_J&J 95 lst&ref 5s July 1 '40 M&S ist&ref Os July '40 Ser B M&S 1023 Jan 10 1931__J&J 110 Cony deb 88 83% Dot United 4%s 1932 opt_J&J F&A 100 1st m s f 88 1022 F&A 102% 1st m s f 8s 1941 A&O 100 7% coil tr notes 93 1923_- J&D Dot Ry 1st 5s '22-'24 Wayne & Belle Isle Det Ft 88 1st g 55 Apr 1 1928_ _ Adc0 Dot Mon (lc To! Short Line Ry 863 1st M g 85 Jan 1933___J&J Dot & Pontiac-5s g '22_ F&A 82 Cons g 4%3'26 op'11_J&D Dot & Pt Huron Shore Line 75 J&J 1st g So 1950 Dot YpEill Ann Arbor &Jack 86 F&A 1st g 58 1926 90 D Y &A A Con 68 1924—F&A DDEB&B RIt—See Third Av Ry 93 Duluth Ed El let 5s '31op_M&S Duluth Superior Traction Co— 85 Duluth St Ry 1st g 53'30M&N 76 M&N Gen M 58 1930 Duquesne Light—See Philo, Co Duquesne Trac—See Phila Co— Eastern Mass Street Ry Co— Serial ref 6s Jan 1923-1929_ b 63% J&J 1 63 -is Ref M 43 1948 J&J 1 7 0 Ref M Ss 1948 92 LowLaw&H lstg5s'23opJ&D 92 Lynn & Bos 1st 5s g '24_J&D 74 Eastern Pa Rye let 5s 1930 .J&J 88 Eastern Tex El Co 58'42_M&N 99M 7% cony g notes 1923M&N East Bay Water 53s 1946_J&J Un & ref 73s '36 ser A_M&S 103 East St Louis (Ills) Lt & Pow— 87 J&D lot 55 1940 East St Louis & Suburban Co— 76 Coll trust g lis 1932 opt_ A&O Alton Granite & St L Trac— 50 FAA _ lot cons g 5s 1944Easton Cons El 58 1919__M&N Economy Lt & Pow (Joliet, Ill) 87 J&D 1st M f g 5s 1956 Edison Elec Ill of Boston 5 jogllinontoetses11902223_ _ _ F& A 1003 7% 104 100% gold notes1925 Edison Elec Co (Lancaster)— F&A Refund 55 1943 Eighth Ave RR—See N Y Rys Elec & Poop—See Phila Rap Tr Corp— Electrical Securities 80 Coll tr g s f 58 1935 opt F&A Eliz Plaint & Cent JtSee Public Eliz & Trenton RItfServ Corp Elmira Water Light & RR 87 M&S 1st & con g138 1956 90 El Paso El Co coil tr g 5E;'32 J&J 99% J&J 7% notes 1925 Empire Dist Elec Co78 M&N 1st 5s1949 Empire Gas & Eiec and Empire -- - M&S Coke it lst&rof 58 '41 op Empire Gas & Fuel 98 M&N s f tts 1926 1st M 6% notes June 15 1924_ _ _J&J 1003( 98% lst&reconv 7%s'37SerA M&N 93 Equit G & E Utica 58 1942 Mc° Equit Ill Gas, Plana, 55 g'28 J&J 100 Erie El Motor s f g 38 194L A&O 89 _A&O Erie Ltg 1st M 88 53'32op'12 Evansv G&E L5E41967_- - J&D Evansv & Sou Ind Traction— 93 Evansv & Princ 1st 58'23A&O Excelsior Springs Wat Gas & El 80 J&D 1st M Os 1932 op Fairmont & Clarksburg Trac'n 90 A&0 1st g 58 1938 op 1913 Federal Light dr Traction 81 M&S 1st s f g 5s 1942 opt 92 1st lien g Os 1942 stpd_M&S Fed St & Pleas Val—See Phileo Pitt Trac—See Phila Co Ft Ft Smith Light & Traction 79 1st M g 58 Mar 1 '36 opt M&S Ft W Van Wert dc Lima Trac— lot M g 58 1930 guar_ J&J .1 25 933Ft Worth Pow de L 58 '31_ _F&A 42d St M & St N Av—See Third Ave fly Frank! Tacony & Holmesb Ry— 47 J&J lot g 58 July 1940 83 Galv Elec Co 1st 5s'40 op_ M&N fly— Galveston-Houston Elec 84 lot Msfg 5s 1054 opt_ _ _A&O Gas&EI of Bergen Co 58'40 J&D 88 84 M&N Gen 58 Nov 1 1954__ 78 General G & El lot 53 '32_ _J&J SI 6% gold bonds 1929____M&S Geor Row & Ips—See Bos&Nor St Ry Georgia Light Power & Rys75 1st lien s f g 11s 1941 opt M&S 85 ContGaPow5s'38 op '13 M&N 93 Georgia fly & Elec 5s 1932_J&J 87 ltefg & impt g 58 '49 s f J&J Atlanta Cons St 5s 1939_J&J 94 93 Georgia Elec Lt 5s 1930_J&J Atlanta Northern fly Co— 87 lot guar 55 '54 op '00 J&J Georgia Ry & Power 88 1st dc ref s f 58 1954 op __A&0 95 Gen M Os 1947(1922 Sol') A&O Grand Rap Gr Hay & Musk fly 82 J&J 1st g 55 July 1 1926 973 at Falls Pow 1st 58'40 op M&N Lakes Power, Ltd Great _ _M&N 6% to 1st M Os 91 1922-1944- Great Nor Pow Os 1935 F&A 5q62, Ask. Bid Ask. Bonds. oa-- 1 This price includes accrued interest. Bonds Bid. Ask. 93 Kansas City Railways 95 98% Great West Pow 5s 1946 op_J&J 46 M&N Cony deb 68 1925 98 97% 1st M 5s Tely 7 1944____J&J .1 44 95% 17 98 lot & ref Os Mar 1949_ M&S 100 2d M 6s July 7 l94_J&Jf 11 10234 15 J.Jf 10 24 M 5s July 7 1044 Gen M cony 8s 1930____F&A 107 108 111 lot & rot 7s 1950 Ser B_ J&J 103 Coll gold notes 7s May 15 104% 83% 50 M&N15 j 47 Greensboro Elec—See Nor Caro Public Serv 1921 101 88 el 50 Kansas Elec Util 5s 1925_A&0 70 1013 Cireenwich Tram 1st 5s '31_J&J % 76 Kentucky Traction & Term'! 10034 Hackensack Wat 49'52op'12J&J 75 7334 Hagerstown & Frederick fly— 95 1st & ref gu 5s'51 opt'14.F&A 8034 A&O 80 85 lot & ref 6s 1944 Lexington Ry 1st 5s '49_J&D 88% 81 77 Hamburg fly—See Buff & Lake Erie T rac 01 Key Tel lot g 5s '35 op '08_J&J Harrisburg L&P 53 1952_F&A 9634 Kings Co E L & P 1st 58'37 A&O .: 1_1 234 80 Purch money Os g 1997__A&O 11134 : 87% Hart Man & Rock 55 1924_A&O 18051 68 Hart St Ry—lst g 45 1930_M&S 7234 _ Cony deb 6s 1925 Harwood El 55'39 op '14___J&J 94 Edison El III Bkln 4s '39_18J 85lot & ref s f g Os '42 op_ M&S 100 120 Kings Co Elev Ry—See I3klyn R ap Tr Havana Elec fly L & Power— _Kings Co Gas&Ill 1st lis'40.A&O Gen M bs 1954 ser A__*_M&S 81% 80 Kingsport Utilities 85 75 Havana Elec fly 5s 1952_ F&A A&O 89% 90 1st 6s 1937 Ser A 90 98 95 A&O 79% 1st 7s 1937 Series B Helena LdcRy lot 5s'25 op M&S 91 80 92 Hest Man & Fair Pass fly—See Phila Kinloch Lg Dist Tel 5s '29_J&J F&A Kinloch Teleph (is 1928 Home Telep & Teleg (Los An9834 100-60 45 geles, Cal) 1st 5s 1933_J&J Knoxv Gas 1st 5s'33 op'13_A&O J&J lot refg 58 1945 Knoxville Railway & Light— 87 8434 8234 Ref & ext 55 1946 opt J&D Home Tel & Tel of Spokane 7s 90 1st M g 5s May 15'36M&N 15 93% 92 Knoxville Trac 5s 1938_ A&0 Kokomo Marion & W Trac72 flortonia Power 5s 1945___F&A 90 LtJ&J 1st g 55 July 1 1933 Houghton Co (Mich) 87 lot g 58 Jan 1 1927 opt J&J Lackawanna & Wyo Val R & 92 88 85 81 F&A Coll trust 55 1951 lIoughton Co Tr 1st 5s '37_J&J 55 Laclede Gas Light— 94 Hous El 5s 1925 on 1910„F&A 97 73 9234 93 A&O ____ Houston Homo Telep Co Ref & ext g 55 1934 M&S 1st 5s 1935 93 lot coil & ref g 75 Jan '29_F&A 10034 10034 "i5-- Houston L & Pow 55 1931_A&0 93% 94% Lake Roland Elev—See Un Rys & Elec 50 45 Lake Sh Elec lot con g 58'23 J&J Hudson Co Gas 5s g 1949_ MAN 91 88 45 40 101 Gen gold 5s Feb 1 1933 F&A Hydraulic Pow of Niag Fails J&J 98 Lor & Clev g .53'27 op '17.J&J 1st & ref 5s 1950 99 9834 A&O 96% Sand From & So 5s 1936_J&J Ref & impt 58 1951 97 10434 72 70-91 Tol Frem & No 634s '25_J&J 93 Idaho Power lot 55 1947____J&J 1st lien gen M 8s 1930_ __J&J 103 Lake St Elev RR—See Chic & 0 ak Pk Elec Ry 95 91 J&J 70 Laurentide Pow 5s 1946 80 Illinois Cent Trac 5s '33 _MA) 0134 9034 Lehigh PowSec6%notes'27 FAA Illinois Northern Utilities Co— 78 102 79 Lehigh Nay Elec 6s 1943_J&J 100 Si ' 1st & ref 5s 1957 opt__ A&O 82 _ Lehigh Valley Transit Illinois Valley Ry 1st 53'35 M&S 55 92 8934 1st M g 58 Dec 1935 opt _M&S ____ Indiana Columbus & E Trac— SO 77 21 25 1st M g 40 Dec 1935 opt_M&S Gen & ref g 53'26 op '11 M&N 72 J&D Cons g 45 1935 Col Lon & Spring! 5s '20 A&O 75 73 J&D 69 Ref & impt g 5s 1960 Indiana Ltg 45 1958 op__ F&A 100 96 J&J 90 92 Coll trust Os 1923 Indiana & Mich El 5s 1957_ F&A 91 89 P 53 1943A&O Leh Val L & _Indiana Nat Gas & 0—See Poop les G L A Coke 83 87 Lexington Ave & Pay For—See N Y R yo 105% Indiana fly & Lt 1st 5s '43_J&J 91 so Lexington (Ky) Ry—See Ky Tr & Term Indiana Power 6s 1944___M&N 83 78 Lincoln Gas & El 5s 1941_J&D 103 1st lien 754s 1941 ser A_M&N 101 96% 101 Lindell Ry—See United RVR (St Lo uis) 8% cony notes 1922-25 _A&O __ 89 Little Rock G A F 6s 1937.M&N Indiana Service Corp— 82 83 Little Rock Ry & Electric lot & ref m 5s Jan 1 1950_ 1st g 55 1933 opt 1908_ A&O 49% Adjustment mortgage 1 48% 93 92 Ref & ext g Os l938_ .A&0 Indiana Union Traction Lockport & Olcott Ry—See Int Trac( B uffa_i_o_)_ 1st g 5s July 1 '33 op '08 A&O 87 Lockport L, H & P 58 1938_J&J 30 Indiana Nor 1st g 5s'33_A&O f 25 Long Island Lighting Indianan Columbus & Sou Tr 88 M&S 1st M 5s 1936 1st M g 5s Feb 1 1923_ _ F&A 93 86 Indianapolis Gas 55 1952 A&O 8334 Lorain & Clev RR—See Lake Sh Elec- 11 y 101 91 94 Los Angeles Gas & Elec Corp Endianap L & II 5s 1940__A&0 % 923 1st & ref g 53 1939 opt M&S Indianan & Martinsv Rap Tr 81 2 157 734 Ser A.M&S 101 58 Gen & ref g 73 1926 J&J 1st g 5s 1932 opt __ 104 Gen & ref g 78 1931Ser B.J&D ____ Indianapolis Northern—See tint on Tr o f Ind -10334 C 10334 Series Indianapolis & Northwest Tr 9734 53 Los Aug G & E 55 1934__J&J M&S 56 lot g 5s 1932 opt 9834 Zt - s; 99 Los Ang Ltg 5s Apr 11'24 S&O ____ Indianapolis & Southeast Trac40 J&J Los Ang Pac Co—See Pac El Ry lot M g 55 1935 9834 Angeles & Pasadena—See Pac El ec Rys Los Ind Shelbyv & Southeast 1st 70 Los Angeles Ry Corp J&J 3 g 58Jan 11932 1st & ref 5 f g 5s 1910J&D Indianapolis Trac & Term Co— 85 Los Ang Ry 5s g 1938_ __A&O .5-o 1st of gold 5s Jan 1 1933_A&O 80 - 5 (3;63% Los Ang Trac lot g 55'38_J&D 91 Indianan St gen 48 1933 J&J 82 Louisville Gas & Electric Citizens' Steen 55 g '33_ M&N 10034 J&D 100 165 96 1st & ref 7s 1923 95 EndianapWat-58'26 op '11.J&J 100 99 81 84 Louisv Home Telep 53 1922.J&J 1st & ref g 434s 1940 opt_J&J 90 Ltg 55'53 unstmpd.A&O Louisv 90 Interborough-Metropol Co— 001 80 9% &s 15% Ry con M 55g '30___43,J 15% Coll trust g 434s 1056_ _ _A&O 15% 15% Zd mtge 434s 1940 92 Guar Trust certif of dep_ 81 79 FAA Gen M 55 1950 Enterborough Rapid Transit p. 50. 7034 70% Lmisville Water—See under Lo uisville t Ry 86 lot & ref g 5s '66 op tax-exJ&J 97 99 tow Law & Hay—See Eastern Mass S M&S 7% notes 1921 _ 94 92% 92% Lucerne Co (Pa) Gas & Elec83 1922 (J P M receipts) 89 78% 78 1st ref&imp g58'48op'13A&O a 8834 New 10-year Os w i 90 83 95% Lykene Val L & P 6s 1945_M&S 95% 7s 1932 w Lynn de Bost RR—See Eastern Mass S t Ry Internat'l Railway (Buffalo)— 85 83 Ry & L lot 15s '53_ _J&J 91 Macon 90 Buff Ry 1st conM5sg'31.F&A Madison Co (Ills) Lt & Power— 90 91 30 Cross St Ry lot 58 g '32_ M&N lot g 5s 1936 95 Buff Bell & Lan 55 1927_J&D oi-90 Mad RiyPowlst58'35gu op_ F&A 72 Buff & Lock lot g 55 1938.J&J Mahoning & Shenango Ry&L— Buff & Niag Falls Elec Ry— Penn dr Mah Val 58'22_ M&N 65 70 lot M 55 gold 1935____J&J 94 90 Youngst Shar Ry&L58'31 J&J 76 74 85 Internat Ry ref 58'02op_M1N ManhattanEl con 48 g'90_A&0 6734 68 82 78 Interstate El Corp Os 1933_ M&S 65 D 2d g 4s 2013 87 Interstate Rys—Coll trust g 4E 45 45% Manila Elec RR dc Ltg Corp— F&A 1943 opt 1913 80 77 lien dr col tr g 58'53_ M&S lot Iowa Ry & Lt (Cedar Rapids) Manila Sub Ryslst 58 1946_ M&S 92 89 8i1st & ref g 5s 1932 op'15.s1&S 98 96 Man'frs Wat (Pa) 5s 1939_J&D 83 Ironwood & Bessemer Ry & Lt Market St EleY Pass Ry—See Phila It Tran 82 7934 lot of g 5s '36 op aft '18_ FAA Market St fly (San Francisco) Jackson & Battle Creek Trac' See Mt chigan 94 9434 1st cons mtge 58 1924__M&S 80 Jackson Consolidated Traction' United Rys 93 Coll tr 6% notes 1924 A&0 00 Jackson(Mich)Gas 5s g '37.A&O 55 92% Maryi'd El Rys 1st gu 53'31 A&O 9434 Jackson (Miss) Public Service 75 Bali & Ann S L 59 1946_F&A 73 79 A&O lot M so 1034 8934 9254 Massachusetts Gas 4348'29_J&J 70 80 Jacksonv(Fia)Gas s f 58'42.J&D 95 913-4 Deb g 4348 Dec 1931J&J 81 77 96 Jacksonville Trac 1st 5s_M&S -Li" McGavock & Mt Vernon—See Nash R y dc 88 84 Jacksonv El 53'27 opt__ MAN 79 7934 Memphis St Ry con g 58'45_J&J Jer City Hob & Pat—See Public Service Corp 95 — Merch Ht & Lt (Indianapolis) Johnstown (Pa) Pass fly . _ __ 99A 9934 Ref g 5s Oct 1 1922 optA&O _ 80 Refunding gold 4s 1931_ _J&D 85 Meriden Horse RR 58 1924_Jda 75 OS 9534 Joplin&PittsIty lst5s'30 opM&S Metropolitan Edison Co— 90 87 5s'37.J&J2 Kaministiquia P lot 107 Ref052 Os l & imp 85 1935 Ser A MSc N 105 92 85 Kankakee(III)G & E 5s'30_M&S 84 100 97 100 98 --__ Nan City Gas 1st 6s 1942 F&A F&A 993-4 10054 1st A ref 55 1922 98% 100 Kan C Home Teton 5s 1923_J&J Metropolitan RR—See WashRy & Elec . 5*A% Kan City Kaw Val & West RyMet St fly—Sec N Y Rys F&A 9434 1st M 63 Aug 1924 Metropoltan West Side "L"— K C Long Dis Tel 58 1925_ _J&J 6334 62 F&A lot gold 48 1938 Kansas City Power & Light 59 J&J 6034 107 Exten gold 48 1938 1st & ref g 8s 1940 Ser A_J&D Kansas City Light & Power— 96 lot M 5s July 7 1044. J&J 96 2d M Os July 7 1944 J&J k Last sale. n Nominal. tin London. r Ciaadian price. 3 Sale price. 40 PUBLIC UTILITY BONDS [VOL. 114. N3TICE.—All bond prices are "and interest" except where marked "f" and income and defaulted bonds. Bonds. Bid. Ask. Bonds. Bid. Ask. Bonds. Bid. 'Ask. Mexican El L 1st M g 5a'35J&J r 45 New Orleans By & Lt (Conc .)— Northwestern Bell Telephone Mex Li & Pow 1st 110'33 sfF&A r 553 N 0 Cy RR—Gen g 5s'43 J&J 89 92 1st M 7s 1941 Ser A__ _ F&A 10634 10634 Michigan Light 1st 5s 1946_ rddeS 89 91 N 0 Cy dr Lake 55 1943 J&J Northwestern Elevated (Chic)— 9434 Pei ichigan Nor Pow 1st 5s'41J&J 85 90 NO&Carroll con 5s Feb'33J&J 95 1st M is 1941 opt 75 M&S 76 Michigan RR 1st es 1924_ M&N 80 85 Edison El 1st 55 1929_ _J&J 94 Union El(Loop)is g'45_A&O 72 74 Mich State Telep—Ss '24F&A 98% N 0Pow-House Co 55'41 Jde.1 983 81 Northwest Gas L&Coke (Chic) Michigan United Rye St Charles St 1st g 45'52_J&J 8134 Cons g 58 Dec 1 1928 Q -M 1st & ref gold be 1936___MdeN f 22 26 Newp News & Hamp By,0& E Cicero Gas gen&ref 5s'32 J&J 91 93 Jack & Bat Crk 1st ils'23_J&J 1st & ref 55 1944 J&J 78 8234 Norwich(Ct)Gas &E g 58'27 J&J 93 95 Jack Cons Tr 58 1934__ M&N 63 Newp't News&Old Pt By & El Norwich St By 1st g 5s'23 A&O 85 ._ MichTrac Ext 1st 5s'23_J&J 94 55— 1st g bs Nov 1 1938__M&N 89 90 Ogden Gas 5s 1945 M&N 88 853-4 Middlesex dr Boston St RyGen g 5s Mar 1 1941_ M&S M&S 70 Ohio Pow 1st 7s 1951 Ser A_J&J 104 105 1st dr ref g 4%s 1932 opt_Jda New York Edison Co Ohio Public Service Co. M ddle West U 6s Jan 1'25A&O 95 55%; 1st lien & ref 6%s 1941 ..A&O 10934 10934 1st M & ref 7s '46 SerA A&O 3 s% gold notes 1935_. M&S 102 104 N Y Gas Elec L H & P Co Ohio Service 1st Os 1937.. M&N 98 96 8% gold notes 1940._ J&D 104 5 106 1st g 5s Dec. 1 1948 J&D 974 9834 Ohio State Telephone— 8% gold notes 1941 Pur mon col tr 45 1949 F&A 10334 106 ..!‘:!..%. 81 Cons de ref s f 4s-5s '44_ _Jdr.1 90 94 Milivale Etna dr Sharps—See P hila Co Ed El Ill, N Y,con g 58'95J&J 983-4 Cony 7s Dec 10 1922.... J&D 100 Milwaukee Coke & Gas Co Central Un Gas 5s g 1927.J&J 95 96 Oklahoma Gas & Electric 1st M s f 734s 1933 _ F&A 10134 103 Equitable Gas 5s 1932_ M&S 97 91 1st Mg 5s'29 op aft'14_A&O 90 id 11 El Ry & Lt—ts 1926__ F&A 97 New Amster Gas 5s 1948_Jda 8134 83 1st dr ref g 7 1941_F&A 10134 10336 Ref & eat 434s g '31 opt_ J&J 82 NY&ER Gas 1st g 5s '44_J&J 923-4 94 Oklahoma By 1st& ref 5s'41 J&J 75 Gen & ref g 5s 1951 opt__ J& D Con 58 1945 8234 J&J 82 86 Omaha & Council Bluffs St RyRef&lst m 734s'41 Ser A.J&D 102 1652 NY&Westch Ltg 45 2004.J&J 75 1 76 1st consol g 5s 1923 84 J&J 86 7% notes 1923 M&N 100 101 Deb g 5s 1954 op guar_J&J 90 91 Omaha & Coun Bluffs By & Br Milw Light, Beat & TracNorth Un Gas 55 1927_M&N 90 93 1st cons g 5s Jan 1 1928_ _Jda 83 1st g bs gu 1929 opt M&N 9234 94% Standard G L 5s 1930.... M&N 9234 9334 Ontario Pow 5s'43 op to'13F&A 964 9834 Milwaukee 0 L 1st 4s '27_ M&N 91 92% N Y Municipal Ry Corp— Ontario Transmission Co, Ltd Minn Anoka & Cayuna R'ge RR lst M 58 1966 J&J/ 65 1st gu g 5s'45 op bef'16_ M&N 8534 1st Ss 1935 _ M&N N Y & Pa Telep & Teleg Co Orange & Passaic Val Ry—See P ub Serv Corp Minneapolis Gas Light 1st gold 5s Yeb 1 1926...F&A 92 94 OregonElecRy 55 1933 optM&N 50 57 1st gen es Feb '30 op '14M&S 75 85 Gen S Fd g 4s Nov'29M&N 87 89 Ottawa Elec 1st g 5s 1933.__J&D --Minn (len El 1st 58'34 opJ&D 96 98 N Y dr Queens Elec Lt & Pow Ottumwa (Iowa) Ry & Light Minneap St Rys—See Twin City Rapid Tran 1st cons g 5s Aug 1 1930_F&A 95 98 1st & ref g 5s 1924 _ _ __J&J 94 Mississippi Riv Pow fis '51_J&J 92%, 93 NY&Queens Gas 1st 5s '34 F&A 7( 75 Pacific Coast Pow 5s 1940_ M&S 91 92 S f gold deb 78 1935_ _M&N 100 101% NY dr Queens Co By 4s'46_A&O --------- Pacific Elec By g 5s 1942__J&J -. 85 1st M 6s 1947 M&N 91 Steinway Ry—lst g (is'22 J&J 35 50 Los Angeles Pacific Co Missouri Edison El 85 '27_ F&A New York Railways 9434 1st ref g 4s 1950 opt'15_J&J 79 76 Mobile Elec 5s '46 op '10_ M&N 83 85 1st RE dr ref 4s'42 op'16_J&J / 41 4334 L A-Pac RR con 5s'31 Mr0 91% 8934 Mobile Gas 1st 55 1924_ J&J 92 94 Gua. Tr. ctf dep f 4034 41 L A Pa RR Cal 5s '43 M&S 8036 Mob Lt & RR—let g5s'37_J&D 70 72 Adj inc g 5s Jan 1942___A&O/ 13 1334 Los Ang dr Pas 5s g Cone g Se 1941 M&S 60 62 Bankers Tr ctf dep 1034 103"s Pacific Gas dr El ref 58 1928_J&J 90 '42.._J&J 91% Mobile St Ry 1st es '23_ M&N 94 95 Bleeck St dr FF 1st 45'50.J&J 55 50 1st & ref 7s 1940 Ser A_ _J&D 10634 1073% Monongahela St Ry—See PhUa Co Bwaydr7th Av Cons 5s'43J&D 65 67 Pacific Gas & Elec (Arizona) Monongahela Valley Traction Met Trust ctf deposit__ _. 63 65 1st M 6s Jan 1931 J&J 1st M g bs 1942 opt'22__J&D 81 85 Bway Surf RR 1st 55 '24_J&J 63 65 Pacific Gas Imp 4s Sept '30 Q-M 913% 92 Gen mtge 7s 1923 98% CenCrosstown 1st 6s'22 M&N 70 60 Pacific Light & Power Corp Montana Power Col & 9th Av 1St 58'93_ _M&S I 2034 24 1st & ref s f g 5s 1951 op_ M&S 9634 1st & ref s f 55 '43 op'18_J&J 96 9634 Eighth Av cert ind 6s'19 F&A Pac L & P Co 1st 5s '42__J&J 96 Idnntreal Lt, Ut & Power Co— LexAv&P Fy 1st 5s g'93 M&S f 48 49 Guaranteed la'arcol tr g 4348'32 op'12J&J r 92 Second Av con 5s g'48 gu F&A f 4 5 Pacific Pow & L 1st 58'30_F&A 90%, 92 Gold 58 1933 op 1913___A&O Trust Co ctfs of deposit__ f 4 5 1st lien & gen M 8s 1930_F&A 103% 105 Montreal Tramways Receiver's certificates 1919 I 60 63 Pacific Teleph & Telegraph— 1st & ref g 55 1941 opt__ _ J&J 8134 South Ferry 1st 5s 1919_A&O / 25 40 lst&col tr s f g 59'37 op'22 J&3 95 97% Montreal St By 434s'22_FdrA k 9634 Third Ave—See under "T." Ref M 5s 1952 Ser A _ _ _ M&N 94 94% iforningside Elec St Ry—See Phila Co 34th St Crosst 1st 5s A&O Paducah T&L col tr g5s'35 M&N _ Mt Wash St Ry—See Phi's Co 23(1 St. By. bs 1962_J&J 65 60 Parr Shoals Pow 5s 1952_ _Adr0 80 Muncie El L 1st 58'32 op'12J&J NY&Stamf—lst g 5s '31_ _A&O Paterson Ry—See Pub Ser Corp Muncie Hart & Ft Wayne Tr 1st&ref g4s'58op af'14guM&N Paterson & Passaic Gas & Elec 1st is g 1935 opt 1928___JdrJ f 30 35 New York State Rysrims Consol g 55 1949 88 90 Municipal Gas (Albany), N Y) 1st con g 4%s'62 op '13 M&N 66 603 Pawtucket Gas 4s 1932 ..M&N % 86 88 1st M 534s 1952 Ser A._A&O 104 105 1st con 634s 1962 99 M&N 97 Peekskill Lt & RR-5s '30 A&O Municipal Gas & Elec, RochN Y & Suburnan Gas—See West chaster Light'g Penn Central Light & Power Co 1st M g 4%s 1942 op'12_A&O 91 N Y Tel 1st 4349'39 tax ex M& It 9334 943-4 1st & ref 5s 1950 95% 96 A&O Municipal Service Co— Deb 6s Feb 1949 F&A 10534 10534 99 1st & cons 6s 1963 100 F&A S f col tr g 5sMar'42op'15M&S 81 88% Ref M 6s Oct 1941____ Adr0 1043 % 10534; Penn Public Serv es 1962_ F&A 91% 93% Muskegon Ti & Lg 1st I931M&S N Y Westch dr Bos Ry—See Ste am Ric 5— 96 1st dr ref 6s 1929 98 J&D Muskogee Elec Ti 15s '34_M&N Niagara Falls Pow 5s 1932_J&J 9734 100 1st & ref 754s 1936 Ser B J&J 103 105 Nashville Gas de Heating Co Refg & gen 6s Jan 1932_ A&O 10334 101 1st & ref 6s 1947 Ser C__M&N 99% 97% 1st M g bs 1937 92 M&N 903-4 lst&cons 6s Ser AA '50_ Mit N 103 10334 Pennsylvania Ltg is 1940.. J&J Nashville Railway & Light— Niagara Lockport & Ont PowPenn & Mah Vail—See Mali & Shen y Li Cons g Ss 1953 opt 1908_J&J 88 90 1st s f g 5s'54 tax-exemp M&N 95%, Pennsylvania-Ohio Pow dr Lt Ref and ext gold 5s 1958_J&J 72 75 Norf & Atl Term—See Va RY&P 1st & ref s f 7%si 1940_ _Mdc N 103 104 Nashville St By 5s 1925_ _J&J 93 95 Nonf & Ports Tr—See Va By &P Pennsylvania Power & Light McGavock & Mt Vernon— Nonf By & Lt 1st 58 '49_ _M&N 83 85 1st & ref 7s Ser A 1951_ F&A 103% 104 Summer St lstM6s'26_J&J 100 103 Norfolk St 1st g 58 1944_ _J&J 9136 Pennsylvania Util 6% notes '26 05 91% 2d series es July 1937_ _J&J 100 103 North Amer Edison Co— Penn Wat & Pow s f 5s '40_J&J 98% 98 Nashville Water 4s 1928._ J&J Basis 4.75% S f g 6s Mar15'52 serA M&S15 93 9334 Pensacola El Co 1st bs '31_F&A 77 81 Nassau El RR—See Bklyn Rap Tr North Carolina Elec Power People's L & Coke, Chicago Nassau Lt & Pow 1st 5s'27A&O 1st s f g 5s Oct '40 op '16 A) 77 82 1st con g 6s 1943 101 106 Nassau & Suit Ltg es '48.. F&A North Carolina Pub Serv Co Refunding gold 5s 1947_M 91 ArS Nat. Light, Heat de Power 1st & ref 5s 1934 opt..___A&O 82 78 Chic G L & C lst 5s '37__J&J 95 Coll trust 7s 1924 Ser CJ&D 101 993"8 Sallsb & Spencer 5s'45_ _M&N 67 70 Consum Gas 1st g is '36 J&D 80 Coll trust 6s 1922 Ser B— Greensboro Else 5s 1932_ A&O 80 Ind Nat G&O g 5s'36gu M&N 70 Ext at 7% to July 1928J&J North Cal Pow 5s 1932_J&D 90 9736 Mutual Fuel Gas g5s'47 M&N 00 Cent Ind Ltg is 1927__M&N 80 90 R & cons s f 5s'48 op '15 J&D 90 People's Trac—See 8734 RT CityG&E(Paris,I11)5s'35 Adr0 75 85 Nor Canada Pow Os 1928 ..J&J Peoria Bloom & Champ TracJerseyville Ill ba 1935___ F&A 70 75 Northern Illinois Lt Se Trac1st g guar 5s 1936 M&N Nebraska Power 1st 5s '49_J&D 92 90% 1st M gold 58 1923 guar_ _J&J 94, 98 Peoria G de E is '23 op '08_J&J 100 10034 Nevada-Calif Elec 6s 1946_ J&J 95% 96% Northern Ohio Trac & Light Peoria By is '23 to '26 gu_ F&A 75 81 8% gold notes 1930___ _M&N 101 103 1st consol g is 1933 Peoria W W Co pr 1 is'48 RISeN 145 80 Nevada-Cal Pow 68 1927_ A&O 97 98 1st consol g 4s 1933____.._JtJ ( 83 72 81 j j 1st con 45 1948_ 65 ___ M&N 60 Newark Gas 6s Apr 1 1944_Q-J 108 110 1st 1 dr ref bs 1956F&A 80 83 Petersburg Gas is 1931 ___A&O -. --Newark Cons Gas con 5s'48 J& D 88 90 Os 1926 99 _J&D Philadelphia Company Newark Pass Ry—See Public Se rv Corp Gen & ref 6s 1947 Ser A_ M&S 97 9734 1st coil trust g es 1949._ M&S 99 New Bedf & Onset es 1128 _J&J 80 North Ont L & P 68 Apr '31 J&J 853% 8634 Cons mtg colt tr g 5s '51 M&N 90 92 New Brunswick(Can) Pow Co Northern States Power Co -1st ref&col tr 6s'44 ser A F&A 97% 97X 1st M 55 1937 M&S 77 1st & ref is 1041 Adr0 91 Alleg Belle & Per 5s '35_A&0 75 a 9134 New England Elec Securities 1st dr ref Os 1941 Ser B__Adr0 Ithaq 101 Ardmore St is 1958... ..A&O f 60 1st coll tr is Jan 3 1932_ _J&J3 a 85 72 6% notes 1926 9734 A&O 98 Central Trac 1st 55 1929_J&J New Eng Pow 1st 55 1951__J&J 99 101 7% notes 1923 F&Alt Citizens' Trac 1st 5s 1927A&O New Eng Tel & Tel 9s '30 J&J n 90 93 Northern Texas Electric Co— Duquesne Light 6s 1949_J&J 103 103 8s gold Oct 1 1932 99 Adr0 9834 Coll tr s f g Ss 1940 opt_ _J&J 87 84 Con: g deb nis 1936_J&J 106% 107 1st 5s 1952 Series A 97% Northern Texas Traction Co J&D 9734 Duquesne Trac 1st 5s'30_J&J 1 85 NH & Centrev 1st 5s g '33_ M&S 1st g 5s 1933 92 89 Fed St & P V 5s May 1 '42J&J 1 New Haven Wat 4%s 1962_J&J 55— 01 Nor Westch Ltgopt 1913___J&J ---- -bs _J&D Ft Pitt Trac 1st is 1935_J&D N J & Bud Riv Ry & Ferry North Hud Co Ry—See Public Service Corp 1955_Milly Et de Sh bs '23_ _ _M&N 1st gold 4s 1950 opt___ M&S 64 North Hudson Lt, H & P Cc Monong St Ry 5s g 1928.J&D N J Pow & L bs 1936 F&A (Hoboken, N J) 58 1938_A&O 86 WIlk&EP1t 1st g5s129 M&S New London G&E 55'27_ A&O 91 94 North Jer St Ry—See Pub Son Cozy Morn'side ElSt Ry 50'33_ A&0 75 2d M 55 1929 90 92 Adr0 North Shore Electric Co Mount Washington St RyConsol & refg is 1033.......J&J 90 92 1st g 58 1922 op 1912...._A&O 100 99 1st ec coil tr gu is 1933.A&O / 75 New Milford Pow 1st 55 '32 F&A 98% 1st & ref g 5s '40 op '20_A&O 92 95 Pitts Alleg & M gen fis'30A&O New Orleans By dr Light Co— North Shore Gas Co of Illinois Pitts & Bir Tr 5a g 1929_61&N Gen M 434s g 1935 70 J&J 1st g 5s 1937 opt 6934 78 F&A 72 B K & A T•rac (11 1931.M&S Certificates of deposit_ _ _ _ 6936 North Texas Gas Co growl:taw Ave is 1926..F&A I Certific of deposit endorsed oi5 , 1st Os 1923-1932 ) 6734 MOO 83 96 W Liberty lat g 51 '30_J&J Ref&gen5s'490p'19serA M&N 56 60 Certificates of deposit 56 60 aeries B 20 _ Canal & Clatb 1st (is '46 M&N 103 fi b Basis. f This price includes accrued interest. Jr Last sale. n Nominal. r Canadian price. a Sale price. 41 PUBLIC UTILITY BONDS JUNE, 1922.] NOTICE.—All bond prices are "and interest" except where marked "f" and income and defaulted bonds. Bonds. Bid. Philadelphia Co. (Concluded)— eitts et Charleroi Si'32_MarN Pitts Trac 1st 55 1927__A&O BoTraclat&coll Er g 51'50A&O 2d Ave Tr 1st 5s 1934_J&D f J&J Gold 5s July 1933 United Trac 5s 1997ctfs_J&J 1 60 West End Trac con 5s'38.J&J f 99 Phila Elect 1st 5s 1966____A&O 81 A&O 1st M 45 1968 J&D 1033 1st 1 & ref 6s 1941 Transit— Philadelphia Rapid 80 Coll tr g 58 1957 opt s f._ F&A _ 8 f guar 5s '62 opt '17_M&S Darby Media dc Ches St Ry 80 opt '16 gu_J&J 1st 430 '36 Market Street Elev Pass Ry 84 M&N 1st g gu 45 1955 Union Traction— 69 ctfs'45A&O Elec & Peo 48 tr 90 Hest Man & F 55 1924 M&N Peoples Traction Co— 65 P PRy tr ctfs 413'43 F&A 93 W Phil Pass 2d 58'26.M&N Philadelphia Suburban Gas & El 88 F& A ?et M & ref g 5s'80 op'15. Gen M 6s 1969J&D 70 '54__J&J Phila & W Ches Tr 4s 80 Phila & West Ry 5s 1960__J&J 78 J&J eine Bluff Co 55 1942 90 jjej let 6s 1942 Pitts Alleg & Man—See PhilaCo Pitts & Birm Tr—See Phila Co Pitts & Charleroi—See Phila Co P McK&Con—See W Penn Rys Pitts Trac—See Phila Co— 93 Portland (Me)El Bs'26 optF&A Portland (Ore) Gas & Coke— 89 lot & ref g as '40 opt '20_J&J Portland Gas 1st 55 1951 F&A Portland (Me) RR 60 1st con 33s 1951 op '31_J&J 78 lit 1 & con m 5s 1945__M&N Portland Ry Lt & Power 89 1st & ref s f Bs 1942 op__ F&A 1st! & ref 7s'46 SerA. M&N 105 87 PortI'd Ry ref bs'30 op_ M&N City & Sub con 4s'30_J&D 95 Port Gen Elec 1st 55 '35_J&J 97 Portland (Me) Water 4s'27F&A Porto Rico Rys, Ltd 1st g Bs Nov 1 1936 op_M&N r 74 81 Porto Rico Tele Das 1944_ _J&D Potomac El Po Tx Ps'29 op J&D 96 Si Cons M g 5 1936 guar_J&J 963i Deb gold es 1925 J&J 99% Gen mtge 6s 1222 J&J 99y Refunding 78 1941 A&O 106M Prescott G dc El 1st 6s '40_ _J&J Prov. Secur.—see Steam RR's_ 40 Public L dr Pow 1st 58 1945F&A Public Service Co of Nor Ill— 88 lit dr ref g Ss 1958 op'21_A&O 09U 0% notes 1922 M&S 8% gold notes '30 Ser A M&S 101M Public Service Corp of N J— 94 Trust certs 6% perpet M&N 8331 Gen g 5s Oct 1 1950 op_ _A&O 70 Camden Sub 1st 5s 1946_J&J 81% Cons Trac 1st 55 1033 J&D Eliz Plaint & Cent Jer Ry— 60 let g 5s Dec 1 1950_ __J&D 60 Elizabeth & Trent 50'62 A&O 60 C Hob & Pat 4s 1949_M&N 85 Newark Pass con Ss '30_ _J&J 88 Newark Term Ry 5s'55_J&D 80 N Hud Co Ry Cons Sc'28_J&J 65 M&N 2d Be ext to 1924 61 Nor Jer St Ry 4s 1948_ M&N 60 Or dr Pass Val 1st Ss'38_J&D 80 Paterson Ry—Con6sg'31J&D 70 2d fls '14 ext 5% to'44A&O 60 1960_J&D Riverside Trac 5s So Jersey Gas El & Trac— 87 Guar g Ss Mch 1 1953 alLicS resbio & Sub Tr & Ltg— 99 A&O if 5s 1922 lit Puget Sound Power Co— 92 J&D lit g gu 55 1933 opt Puget Sound Power & Light— M&N 101 Gen & ref 7Ms'41 Ser A Puget Sound Electric Ry— 82 let consol g 5a '32 op_ F&A 83 Tacoma RydcP Bs '29 A&O Quebec Ry L H & Pow— J&D r 71 Cons If 58 1939 opt QuIlaeY (III) Gas Elec & Heat 65 1st cons g 5s 1935 op'10_M&S 75 _M&S Quincy G dr E 8s 1929_ 89 Racine(Wls) Water 5s'31.M&N 90 Railway & Light Sec 5s var_ _ _ Rap Tr St ity—See Pub Ser Col 99 J&J Reading Trac 60 1033 80 Read&Wom—lst 5s g '25 J&J Rhode Isid Sub 48 gachmond (S I) Lt & RR 55 1st coll tr g 48 1952 J&J kilo de Janeiro Tram L & P— lot g 58 1935 J&J r 85 Riverside Trac—See Pub Serv C 0r p 85 Roanoke Ry & El 5s 1953F&A 75 Roanoke Tr & Lt 5s 1958..F&A J&J Roanoke W W 13s 1938 Rochester Gas dr Elec Corp— Gen m 78 1946 Ser B___M&S 107 94 Real fly & Lt 50'54 opt_ _ _J&J Tax exempt 90 Roch Ry cons 55 g 1930_ A&O --2d 5s g 1933 J&D Rochester & Syracuse RR 68 1st M cony as 1957 __M&N 70 Roch Telep gen 55 1933_ _A&O Rockford (III) Electric Co 90A 1st & ref e f is'39 op '14 M&S Ask. Bonds. Bid. Ask. Bid. Ash. S W Missouri RR 5s 1931_M&S Rockford & Inter-Urban Ry90 S W Mo El Ry ref 55'23_M&S 85 1st g 58 1922 op 1907_ __A&O 9734 Spring Br'kWater-5s g'26.A&O Rockford & Freeport 1st g gu 9734 97 Spring Val Wat ref g 4s'23_J&D 95 85 55 1923 op aft Feb '10 M&N Springfield (0) Lt, Ht & Pow Rock B & J 1st g 55'30guA&O 1st s f g 5s 1929 opt 1914_ F&A 95 Rumford Falls Pow 40 Octl 1945 92 88 70 Gen & ref 55 1933 A&O 67 Rutland RyL&P lst5s'46 M&S 65 Springfield (Ill) Ry & Lt Co— Sacramento Elec Gas & Ry— 80 98% Coll tr R 55 1933 opt____J&D 98 1027...... M&N 9931 Cons Ss Nov 1 68'22-40_A&O Springfield (Mo)Ry de Lt Co 82 Sacramento Gas 90 87 1st s f g 55 1928 opt.. ....M&N St Charles St RR—See N Or Ry & L 104 9131 89 Springfield(0)Ry 1st 58'35 M&S St Clair County (III) Gas & El 1st M 5s 1922-1935 _ _ __M&S 72 1959.._ _ M&S 1st cons guar 55 85 7 5 Standard Gas & Elec of Delaw— 60 St Joseph Gas—lst 55 1937_J&J 95V,, Cony s f g Os 1926 opt___J&D 94,1 St Joseph Ry,Lt, Heat & Pow 99 9934 M&S S F g 7Ms 1941 70M 1st g 5s Nov 1 1937_ _ _ _M& N 82 Steinway Ry—See N Y & QuCo Ry Un Rys(St L) St Louis RR—See Suburban Gas Co of Phila85 St Louis Spring! & Peoria RR 93 95 79M 1st s f g 5sApr 1'52op'07_Adr0 78 1st & ref gu g 5s '39 op _ _J& D Superior Water Light dc Pow 93 88 71 St Louis & Spring! 5s 33 J&D 82 M&N 1st 45 May 1931_ _ (St L) 95 St L & Sub Ry—See Un Rys 87 92 Syracuse Gas g Ss 1946.._.._J&J St L Tran—See Un Rys (St L) Syracuse Lake Shore & Nor St Paul City Ry—See Twin City R T 70 62 65 1st M g 5s '47 opt '17_M&N St Paul Gas Light— 92 Syracuse Light g 5s g 1951_J&D 93 90 M&S Gen gold 58 1944 8331 Syrac L & P coil tr 55 '54__J&J 83 90 St Petersb (Fla) Ltg Os'45_J&D 89 83 85 Syrac Rap Tr 1st g 5s 1948_ M&S Salisbury & Spencer—See No Ca r Pub S cry 95 78 83 J&J 2d mtge g 5s 1930 _ 94 95 SalmonRivPow gu 58'52opF&A Tacoma Ry & P—See Puget Son 1(1.E!ac Os 1935_ J&D Salt Lake Term 85 90 Tacoma Wat Sup 1st Si '25.J&J 85 San Antonio G & E 55'49_M&S 83 Tampa Electric Co San Antonio Water Supply 95 92 1st M g 55 1933 s f op__J&D 1st & ref sf 55'33 op'13_F&A n 85 68 Tampa Gas 5s 1937 opt_ __M&N Consol Gas & ElecSan Diego 77 92 Tenn Pow gu 5s 1962 opt_ M&N 1st g 55 1939 opt 1914_ M&S 40 J&D Tenn Water 1st 5s 1948....M&S 6s 1922 Deb Terre Haute Indianap & East — Sand From & So Ry—See Lake Sh El Ry 65 94 1st & ref s f g 5s '45 op_A&O SanFran G & E 43-s 1933_M&N 96 89 Terre Haute Trac & Light Not callable_ 82 1st con Mg 55 1944._ _ M&N San Fran Oak & San Jose Con— 81 Terre Haute E1-15s '29 J&J 383( Cons 5s May 19 1938_ M&N 19 88 Texarkana G & E 5s '30___J&J 38M Ctfs of deposit 90 9234 '37_J&D 82 Texas Pow & Lt 1st 55 8034 SFO&SJ fry 1st 5s'33__J&J 63 85 90 80 Ctfs of deposit 8034 Texas Public Service Os '33.J&J 80 83 85 Tex Eiec Ry deb Os 1942___J&J 2d M g 58 1)33 5 f___J&J 5334 85; Tex Trac 1st 55 '37 opt__ J&J Ctfs of deposit 89M, Third Avenue Ry (N Y) 1053( San Joaquin Lt & Pow Corp— 65 65% 100 1st ref g 4s 1960 op aft'14 J&J lst&ref g Os'50 Ser A op_FdrA 88 62 9934 99 AdJ inc g 59 Jan 1980 op_ A&O 1 61% Series B 9334 96 100 Third Av RR 1st 5s g '37 _J&J Series C Dry Dock E Bway & Batt' Cony coil tr 8s Sor D '35 M&N 99 70 75 1st 5s gold 1932._____ J&D Unit & ref 7s 1923-26___M&S 5 12 New ref m Ser C income_ M&S 10234 101 Unit & ref 7s 1951 Joaquin Light & Power 42ad St M & St N 1st 6s '10 San 70 913( Ext at 5% to 1940._M&S 92% 1st 5s 1945 op aft '10_ _J&D 55 Sou Boulev g 58 1945___J&J 9731 Santiago (Cuba) Elec L & Tr 72 7634 Union Ry 1st 55 g 1942_ _F&A 100 1st g 6s 1959 opt 1919_ J&J 65 Westchester El 1st is g'43J&J Paulo Tram, L & P, Ltd 100 Sao 65 75 85 Yonkers Ry 1st 55 1948_A&O 1st g 58 June 1 1929_ _J&D r 8431 107 Thirty-fourth St Crosstown—S ee N Y Rys. Savannah Elec & Power Co 105 Foledo Bowl Green & Southern 1st & ref 7s 1942 Ser A.A&O 103 60 65 82 85 bavannah Elec Co 5s g'52 J&J 1st g 55 May 1 1921_ ___M&N 45 70 Toledo Edison Co Sayre(N Y)Elec 5s 1947_ _A&O M&S 10634 107 89 1st M 75 1941 Schenectady Railway Co 76 74 Tol Frem & Nor St Ry—Seo Lak e Sh EI Ry 100 1st M 58 1946 opt 1919_ _M&S 84 85 Col0E & H con 1st g5s'35 A&O 105 ichuyik Trac—lst 5s 1943_ A&O 9834 roledo Home Telep Sc 1922.J&J Scioto Vail Tr 1st 50 1923_M&S tiO"" 96 90 94 rot & Indiana 1st 5s 1931_J&J Scranton Elec 55'37 opt '12...1"drJ 106 83% 8% gold bonds Jan '31 A&O 104 Toledo Trac, Light & Power 10031 76 72 1st lien 7s Dec 1922_ _ _Q—M 100 Scranton Ry—lst 5s Nov'32J&J 10 10 82 82M Col & West Ry 1st g 5s '26_J&J Scran Trac 1st Os g '32_M&N 93 95 82 90 Copeka Edison 59 Sept '30_J&J Scran & Carb Tr 1st 6s'23.J&J 91 86 Ry-5s '30 op '15 _ _J&J ropeka Scran & Wilkes-Barre Tr Corp— 80 90 Topeka Ry & L 1st 5s 1933 F&A A&O Coll trust Os 1934 88 07 61 Trenton G & El g 55 1949_ _M&S 95 Seattle Elec 1st g 5s'30 op_ F&A 45 .J&J 93 91 Crent St Ry—con g 5s '38.. F&A Con & refg s f 55 1929 65 Pass 6s Sept30'31 A&O 00 ['rent Seattle-Everett Traction 88 90 Fri-City Ry & Light— 1st M g 5s 1939 op 1914_ M&S 100% tr s f g 5s 1923 _ _ _ _ A&O 100 Coil Seattle Ltg 1st 5s'44 op'10.M&S 90 92 86 84 62 1st & ref g 5s 1930 opt_J&J Ref g 5s 1949 opt 1914__A&O City Ry—See Un Tr (Alb) Croy • J&J Gen Mtge 7s 1929 99 100 F&A Croy Gas 2d Os 1923 Second Ave See N Y Rys 90 95 M&N Corusol 5s 1939 Second Ave Trac See Phila Co 28th & 29th Sts—See 3d Ave Ry Seneca Pow Corp Os 1946 M&S fly—See N Y Rys. 23d St Shawinigan Water & Power 10734 ['win City Rapid Transit Co— 73% cony g notes 1926_ _J&J 106 st Paul Cy—let g Os '32_ A&O 3hrevep Rys—lst 58 '22-'44J&J 1st cons Os g 1934_ _ _ _Aar° Sierra & San Francisco Power 8834 Cable con 55 1937__J&J15 F&A 8631 1st g 55 1949 opt _ J&J Guar g 5s 1937. Un & Middlesex Ltg— Somerset St P Sub 58 '24M&S 65 Minn dr Mtge g 4s Dec 1 1943___J&D Minn St & St Paul City— 106 So Bend & Mishawaka Gas— 86 89 90 Cons guar g 5s 1928. _A&O Cons g 58 1926 opt 1908_ _J&J _ ['win City Telep 5s '22-'26_J&J 85 Lt Pow & RySouth Carolina Gas dr Elec60 ['win States 88 1st s f g 55 1937 opt_ _ _ _ M&N f 55 73 77 1st & ref 5s Oct 1953_A&O South Coy & Cln St R1-See Cin New & Coy Ry 98 100 M&S 713 South Ferry See N Y Rys 8% sec notes 1931 Underground Eiec Ry of Laudon E & T—See Pub Ser Corp South Jer G 76 J&J 85 86 4345 Jan 1 1933 75 So Side El 4 Ms 1924 op '10_J&J 6034 Income 65 Jan 1 1948 Sou Yuba Wat Con Os'23_J&J 10034 Depot—See United Rys St Lou. Ii Union Southern Bell Telep & Teleg94 9434 Union El Lt & Pow Co of St L S g 5s 1941 opt 1916_J&J 1st 5 t 933.4 1st g 55 Sept 1 1932____M& Sou B'vard—See Third Ave Ry 9031 51itef&ext 5s'33 op aft'18_M&N 101 Southern California Edison— Etev RR—See Northwest El iv 95 85 9634 Union Gen g 55 Nov 1939 Opt.. J&J Ry Union fly—See Third Ave Gen & ref g es 1944_ _ _ _ F&A 10034 102 Union Ry Gas & Elec Co (Iii)— 9831 Southern Cal Gas Os 1950.. M&N 81 78 Col tr g 55 1939 Cony op_J&J 58 Southern Calif Telephone 9234 Union Trac Co of Incliada9334 1st M 5s 1947 52 55 1922J&J 1st 5s'19 ext at6% to 87 Sauth'n Counties Gas Co of Cal 55 42 91 91 Indlanap North'n 5s 1932 J&J 1st g 5s May 1936M&N Bait United Eiec Lt & Power, 90 Southern Illinois Lt & Power 94 96 98 1st cons g 4345 1929_ M&N --J&J 1st M 65 1931 opt--8134 8034 Unit Elec Co of N J 4s'49_J&D South N E Telep 1st 55'48_J&D 65United Elec Rys (Providence)— M&S Southern Pow 5s 1930 opt_ 73 B Prior lien M 4s Jan 1046 Ser Southern Sierras Power 74 Gen ref M 5s Jan 1951 SerA__ 95 1st sf g gu Os Sep'36 op'18J&J 63 Gen ref M 5s Jan 1951 Ser B__ Southern 'Trac—See Philo, Co United Electric Securities Co— 88 94 Southern Utilities Os 1933_A&O 90 98 Coll tr g 58 1933 to 1943_F&A Southern Wise Pow 5s'38_A&O 96 98 United Fuel Gas 60 1938J&J Southwestern Bell Telep103 5 131 734s Aug 15 1931___F&A1 70 7% cony notes 1925___A&O 102% 102% 85 86 United & E Corp-6s'43.. A&O 75 Southwest G & E 5s 1932..F&A 9734 974 United Gas & El(SF)54'32_J&J Southwestern Power & Light J&J 88 86 United 0 & F 8s 1923 J&D 1st lien 55 1943 102 United Ilium Co New liaven 8% gold notes 1925 Ser AF&A 100 89 e&A 1st 4s Feb 1 1940 8% notes 1941 Ser B_J&J 103% 105 88 91 Deb g Os 2022 Ser A_ _ Okla Southwest Utilities, Alva, 90 95 rk f ea loon 6Basis. !This price Included aacrued interest. i Last sale. 1 In London. n Nominal. r Canadian price Bonds. a Sale price. 42 PUBLIC UTILITY BONDS AND STOCKS [VOL. 114. NOTICE.—All bond prices are "and interest" except where marked "f" and income and defaulted bonds. Bonds. Bid. Ask. Bonds and Stocks Bid. Ask. Stocks. Par Bid. Adi United Light & Rye Whatcom Co Ry&Lt 5s'35M&N 88 91 Cent Crosst RR—See N. Y. Rys 1st & ref g 55 1932 op__J&D 85 86 Wheeling(W Va) Elec Co— Cent Hudson Gas & Elec_ _ _100 100 Cony deb tie 1926 M&N 91 105 let M 58 1941 opt M& CentPkN&ERR—See N. Y. R ye. 7% notes Apr 1 1923 100 Wheeling Trac 5s Central States Elec Corp.._ _100 8% gold notes 1930_ M&N 102% 16:1— %Dikes-Barre G&Eg 193l.._J&J 10 13 5s'55 opt J&J 65-- 65-- Preferred United Power & Tran— 100 65 68 Wlkes-Barre & Hazleton RR Chic Aur & Elg Corp vtcw L._ 1 2% Del Co & Phi tr &Is 48'49 J&J 30 35 1st coll tr g 5s 1951_ _M&N 15 38 40 Chic City & Concom part cts(t) d United Rye tr ctfs 4s '49..J&J 1% 55 56 Wilkinsb & E Pitts St Ry—Seo Phila C o Pref partic etre United Public Utilities (Del', (no par) d 7% 834 WIllapa Elec 6s 1923 J&J 85 95 Chicago City Ry 1st 6s 1943 100 J&.1 80 85 Williamspt Gas—let g5s'39F&A 88 94 Chicago Elevated Rys corn__ Unit Rye & Elec (Baltimore) 134 134 Wilmington iDel) Gas Co Preferred 1st consol g 4s 1949____IVI&P 8 9 75 7534 let & ref s f g 5s 1949 op_M&S 82 84 Chicago Rys partic ctfs ear 1._ 1st con M 6s 1919w I___M&S 15 23 99% 100 Winnipeg El—let ref 5s '35 J&J 95 Series 2 Incomes g 45 1949 op '29 J&D 4% 4% 57% 58 Wisconsin Edison Co Series 3 Inc funding g 5s 1936__J&D 15 4 76% 34 78 Cony deb Os 1924 M&N 97 98% Series 4 5% cony notes 1922___F&A 99% 34 ____ Wisconsin Elec Power Chicago Sub Gas & Electric_100 % cony notes 1922_ F&A 100 1st M 734s Oct. 15'45.A&015 105% 106 Preferred Bait Sparrows Pt & Ches100 Wisconsin Gas & Electric Chris Jr 10th Sts RR—See N. Y. Rye. 1st g gu 434s 1953___P&A 85 89 let g 5s 1952 opt 19i9__J&D 87 90 Cincinnati Gas & Electric....100 BaltTracColstM5s'29M &N 79n 97 7934 98 Wisconsin Minn Light & Pow Cincinnati Gas Transp No Bait Div 1st 55'42_J&D 100 103 105 95 let & ref fis 1944 op '19_51&N 88 Cincinnati & Hamilton Trac.100 Cent Ry con Mg 5s 1932_ M&N 15 97 166-- Worcester & Conn Eastern Ry- 87 Preferred Ext dc imp 5s 1932. 100 ...M&S 86-97 100 let s f g 434s 1943 J&J 63% 68% Cin New & Coy Lt & Trac_ _100 Lake Ro El 1st 5s '42 M&S 717 ,; 93 _ Wore Con St 11.y 78 1930__M&S 55 United Railways of Havana— Preferred 100 61% 62 1st & ref g 434s 1930____F&A n50 Eq 7%s Feb 15 '36_ _ F&A 15 106 Cincinnati Street Ry 50 d 41 107 Deb g 5s 1927 M&N 55 Van Rys(Phila)—See UnitP & T _ Cincin & Subur Bell Telep__ _50 d 40 70 71 Wore & Clint 7s 1930_ _ J &.1 United Rys of Si Louis— Cities Service 100 233 236 Wore.& So.St.Ry.4%8.22 M&S i5-Preferred Gen g 4s July 1, 1934J&J 65% 100 59% 66 6034 Yadkin River Power Cities Service Bankers shares (t) d 23% Cass Ay & F Gds let 5s 1912 23%, 1st M 5s 1941 A&O 86 Citizens' Pass Ry—See PhIIRT Ext at 434% to 1922 J&J 99% Yarmouth Lt & Power, Ltd Citizens Trac—See Phila Co_ _ Compt HUD&M Ter Os '13 • 1st M 5s 1937 A&O 68 City Pass Ry—See Reading Ti Ext at 5% to 1923 J&J 97 1st refunding 8s 1951_ _ _ M&N n 100 165-- City Ry (Dayton, Ohio)__ _100 It L de Sub 1st Ss g 1921_ F&A 105 40 7s gold notes 1924 A&O n93 98 Preferred Gen g 5s Apr 1 1923 gu A&O 100 40 70 ---- Yonkers Ry—See Third Ave Ry Cleve Elec Ill corn St Louis Trans Co 5s 1924 A&O 100 118 15-58 ---- York Haven Water & Power 6% preferred United Rys Investment Co— 98 100 1st 5s June 1 1951 J&D 91 8% preferred let lien coil tr ef g 5s'26 M&N 100 s 108% 165-86% SUi . 2d 6s May 1 1924 M&N 92 Cley Plainsy & Eastern RR_100 II 8 Pub Serv 1st ils '27_ F&A 90 93 Cons. M Se May 1 1957.M&N 74% 77-- Cleveland Ry U S Telephone let 7s 1921 ext to 100 9534 166-York Rys_lst M g 5s'37op J&D 90 92 Cleve Southw de Col Ry....._l00 1941 1 J&D 105 Youngstown & Ohio River Preferred United Traction (Albany)— 100 10 1st M g fis 1935 opt '15 A&O 75 Colorado Power Con g 44s 2004 100 J&D 17% 48 1634 52 Youngs-Sharon Ry & L—See M ah &S Ry;El Preferred Albany Ry con M Sc g '30 HO 88 100 91 76 79 Zanesv Ry L&1'—See Col New & Zane sville Columbia Gas Jr Electric._ _100 Gen g 15s 1947 87% J&D 88 75 78 Columbia (SC) Ry Gas & El 100 Troy City Ry 5s g 1942_ A&O 55 60 Preferred_ Unit Tr (Pittsb)—See Phila Co 100 _PUBLIC UTILITY STOCKS Columbus (Ga) Elec Co pf 100 United UM 1st 6s'43 op'18 J&J 88 91 Per Columbus Ry Pow & L com_100 Utah Gas&Coke lat Os'36optJ&J 34Y' t 35%, 7 84 Adirondack Power & Light_100 22 23% Preferred A Utah Lt & P cons R 4s '30_JJEJ 76 100 78 84 85% 7% preferred 91 100 94 Preferred B Utah Light & Traction 100 56 59 Albany Southern RR com_ 100 2% 5 Commercial Union Teleg(gu).25 d 16 1st Sr ref 5s 1944 Ser A_ _A&O 22 91 • Preferred 10 100 15 Commonwealth-Edison Co..100 130% 131 Ulan P & L let 15s 1944_ H&J% 91% 91,i All America Cables Inc_ _ _ _100 114 116 Com'Ith Pow Ry & L corn.. _100 Utah Securities Corp 30% 31 6% preferred 66 5% notes Sept 15 1922M&S15 100% 10034 Allegheny Trac—See Phila Co 67 100 Amer Cities Co com 100 Coney Island & Bklyn RR _.100 Utica El dr P let 5s 1950__J&J 30 50 92% Preferred 100 Connecticut Power Utica Gas&Elref&ext 5s'57 J&J 100 112 116 88% ---- Amer Dist Teleg (N. J.) 55 65 100 Preferred Gen M 734s '25 Ser A_M&S 100 86 ---- Amer Gas & Electric 162 Connecticut Ry & Lighting..100 50 d 157 Utica & Mohawk Valley Ry50 Preferred 44% 50 1st g 434s 1941 Preferred 100 55 M&S 72 ea-- Amer Gas of New Jersey_ _ _ _100 d 70% 45% Cons Gas.E L & P (Balt) 100 52 71% Utica Belt L 1st g 5s'39 M&N 109 _ Amer Light & Traction...._..100 142 144 Preferred Valley Counties Pow Se'30M&N 100 11.134 115% Preferred 101 99 100 Consolidated Gas (N Y) Sle under N Y City Ventura Co Pow 1st 6s'36 M&N 115 100 112 Vermont Pow & Ltg tis'27_M&S Consolidated Gas (Pitts) pf__50 87-ea-- Amer Power Jr Light Preferred 87 89 100 Virginian Pow 1st Os 1942_J&D Cons Trac of N J—See Pub Berl Corp 79 85 Optional warrants 1931 d 20 24 7% gold notes 1924 Gondol Water (Utica) com....100 71 75 M&S 92 98 Amor Public Utilities 14 17 100 Virginia Ry & Power— 5% preferred 66 100 72 Preferred 32 35 100 let & ref g 5s 1934 7% preferred 95 100 100 79% J&J 80 American Railways Co 50 d 8% 9 Consumers' Gas (Toronto)___50 r 150 Norf dr Atl Term Ifs '29 M&S 151 Preferred 41 100 43 Consumers Pow (Mich) pref.100 Norf dr Ports Tr 5s '36_ _J&D 87% 90 86-- Amer Teleg & Cable guar.._..l00 58% 60 Wash Alexandria & Mt Vernon Contin Pass Ry—See Phila R T Amer Telep Sr Teleg 123% CurribTd Co (Me)P & Lt....100 100 123 let g 13s 1955 opt 22 23 M&S 2'5' Appalachian Power 19 21 100 Preferred Washington Bait & Ann El— 70 100 80 Preferred 117 100 110 Deny Champ Jr Dec prof_....100 liot M 5s Mar 1941 op_M&S 67 82% Arizona Power_ 12 100 Wash'n(DC)Gas 5s 1960_M&N Dayton Power & Light.. 56 65-100 9434 95 Preferred 2 100 4 Preferred 734% gold notes 1926___-J&J 104 82 85 100 105 Arkansas Light & Pow corn..100 21 26 Dayton & Western common_100 Washington-Idaho Wat L & P— Preferred 65 75 100 Preferred lot g Os 1941 100 — M&N 1 40 45 Arkansas Natural Gas 10 d 11 11% Denver & Northwestern Ry_100 Wash Ry & El g 48 1951___J&D 7 74 Arkansas Val Ry L & P Detroit Edison General Os 1923 109 100 108 J&J 09 9934 Augusta-Aiken Ry. & El _100 Detroit United Ry Anacost & Pot tis 1949- _ A&O 63 100 87% ---Preferred 100 Dominion Teleg (Canada)___30 Guaranteed 55-87% - Aurora, Elgin & Chicago_ _100 Duluth Edison Electric City & Sub Se g 1048_ __F&A 20 100 83 - - Preferred 100 Preferred Metropolitan 1st 5s 1925 P&A 65 7 5-100 97 ---- Baltimore Electric prof 3 40- , Duluth-Superior Trac Co_ —100 .15 50 Y Washington Water Power Co— 20 Bangor Ry & El common.._ _100 42 Preferred Consol & coil tr g 55 1929_J&J 27 100 33 95 98 Preferred 95 100 Duquesne Light—Bee Phila Co.. let ref g fis 1039 op 97 96% J&J Baton Rouge Elec Co pref_100 83 86 Eastern Penn Rye corn Waterloo Ced Falls dr No Ry— 100 Bay State Gas On Eastern Texas Elec Co corn..100 50 d let Msfg 5s 1940 op '15_J&J .1 30 91 65-32 Boil Telephone (Canada)_ _ _100 r 110 110% Preferred Westchester Elec—See 3d AvRy 83 100 Birrn Ry Light & Power 100 Eastern Wisconsin Elec prof..100 x 85 Westchester Lt 1st g 5s'50_J&D i5 94% 97 Preferred 1278 100 East Bay Vat(San Fr) corn.. 100 N Y Sub Gas—lst g58'49M&S 55 --- Blackstone Val Gas Jr E____50 d 69 71 Preferred A West Chester (Pa) St Ry8034 86 100 Preferred 86 100 Preferred B 1st g Se Aug 7 1932 57 55% 100 65 F&A 75 Bleeck St&FulFy—SeeN.Y.Rys East Read'g El—See R'd's Trac West End St—See Boston El Bloomington & Normal Ry East St Louis & Suburban....100 West End St Ry—See Poston El 5 7 L pref guar 77 100 Preferred West Va Utilities Os 1935 J&J 31 34 70 100 80 Boston Elevated RR corn.. 100 82% 85-- Edison Elec Ilium (Boston)..100 170% 173 West Un Teleg coil tr 5s'8J&J 99% Preferred 99 100 100 Eighth Ave RR—See N Y Rys Fdg & REM 434s g'60_M&N 91% 9234 West End Street Ry corn 80 d 50% 51 Electrical Securities nref 6345 Aug 1 1936 68 78 F&A 109% 109% 100 Preferred 8% 50 i 61 Electrical Utilities, corn 9 MutUn6sextat5% to'41M&N _100 97 100 Boston & Worc Elec_ (no par) Preferred 47 Northw'n gu g 434s 1934_ J&J 100 54 91% 93% Preferred (no par) d 12 Electric Invest Corp West Liberty St Ry—See Phila Co 100 10 Brazilian Tr L & P Ltd____100 r 48% 48% Preferred West Penn Power 60 100 75 131way & 7th Ave RR—See N. Y Rys Elec Storage Bat—See Ind. & M isc.Cos. 1st M 5E1'46 op '21 Ser A M&S 91% 93 Brooklyn Edison 110 100 107 Elizabeth Gas Light let M Os 1958 Ser C.._ J&D 20 d 45 9934 Brooklyn Rapid Transit......_100 27% Eliz & Tren R R—See Pub Serf' Corp 2734 let M 75 1946 Ser D lOo M&S 103 Certificates of deposit 23% 24% Elmira WL&RR let pf yt 0_100 Cony deb 13s 1924 85 J&D 98 99 Brooklyn City RR. 8%, El Paso Elec Co common.. 10 d 8% West Penn Railways Co ....100 121 123 Brooklyn Union Gas 100 110 112 Preferred 1st g Se Jan 1 1931 83 100 A&O 91 92 Buffalo General Electric__ 100 10634 107% Empire & Bay State Telex...100 Pitts McKees Jr Connells RR 6] -59 Calif Elec Generating, pref_100 83 Empire District Elec let cons g 59 Jan 1 '31_ _ J&J 100 Calif Ry & Pow prior pref_100 31 5§-- Preferred West Penn Tr let 5s 1969..J&D 70 737100 80-. 8134 Cal St Cable RR(San Fran)_100 Empire Gas & Fuel Co pf W Phila Pass Ry—See Phila _Camden&SubIty—See PS Corp Equitable Ill G L (PTAs) pf _100 Westerly L & P 5s 1937___..J&D 95 92 91 Canadian General Electric_100 r 89% 89% Erie Lighting pref__ (no par) d 25% Western Light & Power 26 Preferred r 101 Essex & Hudson Gas 1st s f 56 1925 112 IOU 108 M&N Capital Trac (Wash. D. C.)100 19734 99 Fairm't Pk & Had Pass Ry—See Phila R T Western N Y Utilities/3s'46 J&D 7378 Carolina Pow & Light, com_100 44 47 Fall River Gas Works Western States Gas & Electric— 200 100 195 Central Ariz Pow & L, pf 80 Federal Light de Trac com_100 lot & ref 5s 1941 opt_ _ _J&D 26 27 89 90 Cent Arkan Ry & L Corp pf _100 85 Preferred 0% notes Feb 1927 72 74 100 F&A 93 94 Federal Utilities Western T&T con tr g 5s'32 J&J 100 96 96% Preferred Western United Gas dr El 63 100 Franklin Telegraph (gnar) 100 1st & ref 15a g 1923 to 'SO_ F&A 55-34 Galveston-Houston El Co....100 32 30 Preferred 77 100 74 Gas & Elec of Bergen Connty100 68 Gas Jr Electric Securities...._i00 150 Preferred 100 60 a Purchaser also pays accrued dividend. b Basis. d Price per share, not per cent. f This price includes accrued interest. n Nominal. o Per cent of par value. r Canad an k Last sale. price. s Sale price. x Ex dividend. y Ex-rights. t Without par value. 54 2% PUBLIC UTILITY STOCKS JUNE, 1922.] Stocks. Par. Bid. 1 100 General Gas & Electric 48 100 Cumulative preferred 6 100 preferred Convertible Georgia L Pow dr Rye pref-100 Georgia Ry & El Co stmpd 100 113 100 Preferred Georgia Ry dr Power corn-100 100 102 First preferred 34( 100 Second preferred Gold & Stock Teleg (guar) 100 105 31 Grand Rapids Ry preferred_100 91% Great Western Power,prof.._100 28 d 20 Hackensack Water 28 d 23 Preferred Harrisburg Lt & Pow pref........50 do 38 Hartford Electric Light......_100 165 Hartford City Gas Lt com-28 d 32% 25 d 35 Preferred 85 Havana Elec Lt & Power......100 93 100 Preferred 5 Helena Light & Ry, pref.._ _ _100 60 100 Holyoke Street Ry Houghton County Elea Lt......28 d 12 28 d 17 Preferred 1 Houghton County Tr corn.. 100 15 100 Preferred 85 Houston Gas & Fuel pref-100 100 107 Hudson County Gas 34 Illinois Traction common.._100 78 100 Preferred 10 100 Ilium dr Power Securitlea 60 100 Preferred 100 Indiana Lighting 57 Indiana Rya & Lt common...100 78 100 Preferred 1 6y Service Corp common__ Indiana 19 Preferred Union Traction...._..100 Indiana 80 2 45 Indianapolis Gas Indianap & Southeast Tr of _100 51 100 Indianapolis St fly Co Indianap W W Sec. prof-- —100 d 80 2 Interboro Consol Corp•t .0- -(t) 4% 100 Preferred 90 (guar).100 Internet Ocean Teleg 28 100 Internet Ry•t c Inter-State Rye preferred........10 5 Jacksonville Traction com_100 35 100 Preferred Kansas City Power Secur (t) d 60 (no par).. d 00 Preferred 8 Kentucky Securities Corp...._ 100 48 100 Preferred 9 Kentucky dr W Va Pow corn_ 25• 89 .—!00 d Preferred 110 d 931, Keystone Telephone 80 d 33 Preferred Kinloch Long Dist Telep......100 145 78% 100 Laclede Gas Light 100 Preferred Lake Shore Elec common......100 _ __ _ 100 First preferred ____ 100 Second preferred 100 Power Laurentide 2 17 Lehigh Power Securities......-(t) d Lehigh Valley Transit corn.._50 d 22 5 Pref Gas dr El Lt._100 Lincoln (Neb)erred0 25d 5.2 4 Lone Star Gas, new 863 Los Angeles G & E Corp pf_100 80 Telephone..100 Louisville Home 41 100 Louisville Railway Co 75 100 Preferred 100 179 Lowell Electric Light _____ 100 193 Lowell Gas 50 100 Manhat Elev Ry(N Y) Mahufac Lt dr Ht. Pittsb___50 d 51y, 'Ui Market St Ry (San Fran).. 100 35% 100 Preferred 03 100 Prior preferred 21% 100 2nd preferred __ _ _ Mass Electric Companies._..100 100 stamped Preferred. fitoo Massachusetts Gas Cos 100 x 65% Preferred Massachusetts Ltg Cos corn_(t) I 17 80 100 6% preferred ..-100 10:3::: % preferred 8 corn.. Memphis Street Ry 100 Preferred 91 Metrop Edison cum panic pf (t) Mexican Light & Power COM 100 r & Teleg__ .._ _10 d 2 Mexican Telep 2 .- _10 d __ ... Preferred 100 Mexico Tramway 7_ 7_ 95_ 0 Michigan State Telep prof.. 100 45 100 Middle West Utilities Preferred 9s3 100 stock Prior lien Milw Elec Ry & Lt 6% prof _100 23 Mississippi River Power........100 79 100 Preferred 70 Electric pref_100 Mobile 82 Mohawk Valley Co_ _ _ _ ._100 Monongahela Pow & Ry com_25 d _ __ _ 25 d _ _ _ _ Preferred 7131 100 Montana Power 100 100 Preferred Montreal L H & P Cons__ 100 r 90% 40 Montreal Telegraph__ Montreal Tramwaya corn......100 Montreal Tram &Pow__ —100 r 21A 50 Mountain States Pow,pref....100 Mountain States Tel & Tel 100 101 Municipal Gas (Albany)........100 118 Narragansett Electric__ _80 d 60 1 National Light, Heat & Pow 100 15 100 Preferred 22 National Power & Light, corn... 55 Preferred 75 Newark Consolidated Gas _100 170 New BedfordGasarEd.Lt.Co.100 17% New Bedford & Onset Ry....100 40 100 New England Co corn.. 45 100 preferred First 80 100 Second preferred 43 Ask. Bid. Par. Stocks. Par. Bid. I Ask. Stocks. 99% 9831 97 Public Service Co of Nor Ill_100 02 New England Power prof.._..100 93 92 100 Preferred 1163.1 Now England Tel de Tel__ _100 115 43 42 33 Puget Sound Power dc Light_100 25 d 32 Neff Haven Gas Light 84 81 100 6. preferred 75 80 d 744 Now Haven Water 104 103 co 92% 7% preferred 87 Now Jersey Pow & L pref._ _100 28 % _ ____ Quebec Ry Lt Heat & Pow....100 r 275 New On Rys dr Light Co......_100 Railways Company General_ _10 d _ _ _ _ 17 100 Prp N c New eferrrHamp " Rap Trani St Ry—See Pub Serv Corp 55 90 Ry,0& E_pf 16-6-22 50 d 20 Reading Traction oox Nsw York City—Consol Gas 100 116( 117 100 5 5 Ry_ _8 d 905 "0 City Passenger Ry 270 NY Mutual Gas Light___100 250 112 60 East Reading Electric 100 N iw York Railways 55— Reading Transit &Lt prof......5O d 10 Bleecker St de Fulton F'y_100 1791 isim loo Republic Ry & Lt corn 20 10 Bway de 7th Ave guar_ _100 22 4934 47 100 Preferred __ Central Crosstown 7%._ ..100 26 100 Light de RR Richmond 15 10Christopher & Tenth Sts...,100 80 75-100 60 6534 Roch fty Jr Light 5% prof.. 100 Eighth Ave 17o-100 9S corn_ 100 7% preferred 25 34 12d St dr Grand St Ferry_ _100 1 85— Rochester & Syrac RR 100 35 Ninth Ave guar 8%.. 35 2 100 30 Preferred 100 Second Ave 90 50 35 St Jos Ry, Lt, & Pwr pref....100 100 25 lixth Ave 90 2634 35Iji 20 San Joaquin Light de Power..100 10 100 Twenty-third St guar.. 89 _100 _ 100 Preferred 55— N Y & Richmond Gas 105-100 15 98 Elec& Pow deb stk100 100 35 - Savannah 31 N V State Rye common 14 17 78 Savannah Electric Co 100 76 Profarred 67 100 70 _ Preferred 100 98 Niagara Falls Power com 6 3 100 100 10334 15434 Scioto Valley Trac com Preferred 60 55 100 First preferred 25 Norfolk Railway & Li ht____23'd 21 _39 37 100 Preferred 45 110-- Northampton (Mass).1 Ry_100 10534 70 Shawinigan Water & Power..100 r 105 66% North Caro Public Serv pref 100 38 55 ' _ _ _ _ 14 Somerset tin & Middlesex Lt100 North Ohio Elec Corp, com_(t) d 13 81 3 100 101% 10214 42 South Calif Edison com 100 d 40 15 Preferred 100 11734 120 79 Preferred Northern Ohio Tr & L prat_ 100 70 19 13 South & Allan Teleg (guar)._25 d 14 10 Nor Ontario Lt dr Pow com_100 124 100 123 52 Southern New Eng Telep 50 Preferred100 41i 2 4 Rights 90 100 83 Northern States Power_ 100 ____ 9334 Souttrern Utilities corn 100 913 71.4 Preferred __ _ 100 Preferred 95 93 corn 100 22 Northern Ter Elec Co _-85 So Jer Gas El & Tr—See Public Service Corp 83 100 Preferred 5 15 Southwest Missouri RR_ _100 100 1431 _. Northwest Electric -85-____ Springfield (Mo) Ry &Lpref.... 100 Preferred Si-80 48 Springfield (0) L. H & P pref100 56 Northwestern Teleg (guar)._ _50 a ii-100 6831 683 100 97% 85 Ohio Bell Teter) pref 9831 Spring Valley Water 18 Standard Gas & Elec (Del)__80 d 17 Pure Oil Co 2% Ohio Cities Gas—See 50 d 4634 4734 Preferred 25 d 52% 5331 5 Ohio Fuel Supply 85 Superior Water, L & P com_100 80 100 98 Ohio Gas dr Electric pref 100 Preferred 12 7% 29 Ohio Traction—Common_ 100 100 132— 133- 36 Tampa Electric Co 333 100 Preferred ---2 2234 Tennessee Ry, L& P corn_ --100 2 25 d .. _2_ ---- Oklahoma Natural Gas A 100 1931 Preferred ____ Omaha & Council Bluffs........100 100 ____ i3_ Terre Haute Ind'& East_ 100 Preferred _-__ 100 Preferred 80 Ottawa Light, Heat dr Pow_100 73 10 Ottawa Traction 100 ---: Terre Haute Tr & Lt pref....-100 .i iii 24 83 0 10 Third Ave Ry(N Y) 52 Ottumwa (fa) Ry dr Lt prof.. 1001 00 i.7- Tidewater Power pref ii11 Pacific &Atlantic Tel (gu)___25 a - -----Toledo Bowling Green&So pf 100 7134 70% 100 92 Pacific Gas & Electric 0 8731 10 100 5734 Toledo Rye & Light Co........100 r First preferred 45— Toronto Railway Pacific Light Corporation...._100 165 ____ 75 100 Tri-City Ry de Light pref 147 76 100 Preferred --10 d 6 Telep dr Teleg 79 Pacific Telep & Teleg ii5 " Tri-State 62 100 9 10 d 7 Preferred 88 100 80 Preferred 110 100 105 Troy(N Y)Gas 2% Paducah Tr & Light com 100 20 23d Street—See N Y Railways 100 Preferred 60 54 100 4 78— Twin City Rapid Transit 7 70".. Paterson de Passaic Gas & El 100 90 83 100 Preferred 76 84U Pawtucket Gas preferred.. _100 __ _ _ 100 130 Natural Gas 17U Penn Central Light & P pref_ (t) d 54 3534 Union ._ Union St Ry(NewBed,Mass)100 114 10 Pennsylvania Edison prof 98 103 100 Trite of Ind corn _ Union Penn-Ohio Elec Co corn_-__100 1 I- 6 100 g5"" First preferred 80 100 Preferred 1002 107 Second preferred 94 Penn Ohio Pow & Lt, prof....100 ____ §8• 10- 3( United Elec of New Jersey_100 Pennsylvania Water & Pow_100 _ 60 1150-- Pensacola Elec Co common..100 2 ___ drifted Elec Ry (Providence)._ 98 .100 43 17 .-__ United Electric Secur prof.. 100 Preferred -ii,3 334 77 People's G L & C (Chic)___ _100 85 85 United Gas & Elec Corp__ 100 48 45 100 181 3934 First preferred 50 d 39% Phi's, Co (Pittsburgh) 7: 104 9% 100 195 Second. preferred 50 d 32 ---5 non-cum preferred United Gas &Elec of N Jpf_100 50, 67 cum preferred 39 50 d 383 2 .i5i United Gas Improvement......50 d 85 " 52:4 50 d _ A legheny_ Traction 53% 50 d 53% Preferred 50 d 7V., Citizens Traction 193 39 -- United Ill Co of New Haven _100 190 preferred..100 102 Duquesne Light 70 67 ---- United Light & Rye corn......100 Federal St & Pleasant Val.. S1 100 78 First preferred ---50 Pittsburgh & B'harn Tr_ 1U __1_q_ __ _ United Rye of St Lou—corn.. 50 d United Traction prof 10 100 29i/ Preferred 25 d 293( Phila Electric (full paid) 297 United Rye & Elec (Balt)com 50 73% 25 d 2931 Preferred 15 14 15 3331 United Rye Investment Co..100 66A Phila Rap Tran vol tr etts_...50 2 33 33 31 _ _ _ _ s 22031 Preferred....100 20 Citizens Passenger guar....50 __ _ _ 100 United Utilities 8:5 ($29 pd)_50 1 ____ Jr 78 Continen Pass Ry 100 Preferred 108 Fairm't Pk & Hadding'n_._ _50 1 ____ Jr 40 i 0, ,i loo 173-4 Utah Securities Corp ____ Frankf'd & Southwark Pass 50 2 ___ s 290 19 18 ..100 Germantown Passenger......50 I ____ k 8031 Virginia Ry & Power corn._ 100 ____ 3834 Preferred 97 " Green & Coates Sts($15 pd.) 50 d _-_- Jr 65 7 Hestonville M & F corn...._ _50 d ____ Jr 30% Virginian Power Co corn.._.._100 6 5. — 33 100 Jr 40 Preferred 50 d Preferred 18 d 17 alt 3 Phil Cy Pass Ry (32331 p) 50 d ____ Jr 10434 Wash [tall & Anap 31 50 d 32q Jr 3034 Preferred d 50 Pirtle & Darby Pass Ry 56 20 d 55').1 Washhrton(D C)Gas 100 Phil & Gray'sFy ($25 pd)_50 d ........ Jr 63 4031 40 Wash (D C) Ry & El corn....100 66 50 2 65 46 Philadelphia Traction 5 100 x i9: 697 6 4 Preferred 76 Ridge Ave Pass ($28 pd)......50 d ........ Jr 17034 100 Wash-Virginia Ry corn Jr 171 d 50 2d & 3d Sts Ry guar 100 Preferred 13th & 15th Sts Pass Ry......50,2 ____ Jr 147 Washington Water Power Co100 165— toi-24 Union Pass $30 5-6 d).... _50'd ...... Jr 123 4231 Western Ohio RR let prof....100 81 Union Traction ($17 pd)_50 d 42 2 5- "100 Western Power Corp 50 d West Phila Pass guar 7834 100 703.4 Preferred 8 .173-- Phila.& Western Ely coin_ _ _ _ .50d 7% 50 d 323 3334 Western Rye & Light pref.._100 031 Preferred Western States Gas & Elec_100 75 85 19 100 Pine Bluff Co pref 65— ii -100 Preferred 72 Pittsb & Birm Tree See Phil°, Co 50 d 93 091 Western Union Telegraph 100 der M is c 9736 Pittsburgh Oil & Gas 49 West'house Elec &Mf —See un 01 - Portland (Me) Gas Light...... _50 2 46 98 96 100 West Penn Power pret 15 14 50% Portland (Ore) Ry L & P.._ 100 81 77 100 75 West Penn Rye pref k162 1st pref.. 21 22 8:3 & Wat Pow....100 West Penn Tr 39 2131 2d pref 85 Preferred 0 1000 1100 r 3707 56 Porto Rico Rye Ltd 40 50 2 35 Va Utilities, pref West 100 102 Preferred A 100 r 40W Winnipeg Electric fly 125 Providence Gas 100 S7-50 7:1 52 64 8731 Preferred Public Service Corp of N J 100 d 87% 40 37 _100 3 Camden dr Sub ($5 paid)._ _25 a ____ Jr 1334 Wisconsin Edison common_ _150 d 86 91 Minn L & P pref 00x 3 57 51 Wisconsin25 Consolidated Trac of N J..100 50 d 213126% pk( r _ YorreferaedRye common P) 28 Rapid Transit St Ry Co....100 140 37 loi62 So Jersey Gas dr Elec Trac 100 106 Ask. 4 53 10 271._ 02._ 17345 50 86 k Last sale. 1 In London. Ex-stock a Purchaser also Pays accrued div dend. I Price per share, not per cent. e New stock. yhEx-rights. dividend. par value. t Without r Canadian price. s Sale price. u Ex-warrants. v Old stock. x Ex-dividend. n Nominal. 44 INDUSTRIAL AND MISCELLANEOUS SECURITIES In the rearrangement of our quotation lists we classify under the designation "Industrial and Miscellaneous Securities" all issues which do no appear under the previous two headings, namely "Railroad (Steam)" and "Public Utilities." In the case of stocks, however, we put "Textile Manufacturing," "Insurance," "Mining," "Real Estate and Land," "Title Guarantee and Safe Deposit Companies" under separate heads, then follow with the rest of the "Industrial and Miscellaneous." NOTICE.—All bond prices are "and interest" except where marked "f" and income and defaulted bonds. Bonds. Bonds. Ask. Bid. Bid. Ask. Bonds. Bid. Ask. INDUSTRIAL EcMISCELLAN EO'S B ONDS. Columbia Graphophone Mfg Lake Super Corp inc 55 '24_0ct 40 37 Acker Mer'l& Cond 68'23 J&J 10 8% gold notes Aug 1'25_F&A 85 1st & coil tr gold 55 1944_J&D 42 45 70 68 Acme White Lead & Color Wks Certificates of deposit 35 38 Lake of the Woods Mill Co. Ltd 1st 6s July 1922 to'28 op_J&J 100 Computing—Tabulating-Rec Co 98 15t M Os June 1923 J&D r 983-4 Adams Exp coil tr g 4s'48_M&S Sink fund gold Os 1941___J&J 75 75% 95 97% Lehigh Coal & Navigation— Coll tr g 4s 1947 J&D f 70 72 Consolidated Textile Corp Gen M g 4%5 May 1924__Q-F 98% Advance-Rumely deb 6s'25 M&F 1st M s f 85 1941 J&D 92 Funding 45 g July 1 1948_J&J 93 97% 98% 87 Ajax Rubs f 8s 1936. J&D • 102% 102% Consol Coal 4%5 1934 opt_ M&N Cons a f g 4345 1954 Jac.1 91% 94 Ala Steel & Shipbldg—See Tenn C I & RR. let & ref s g 55 1950_ _ _J&D Leh & W-Barre Coal—See Cent RR of N J p32 §7-Alaska Gold Minesdeb 6s'25 M&S 12% Cony 6% g'23 op aft'16.F&A -100% 100% Libby, MeN & Libby 75'31 M&N 9% 98% 9934 Deb 6s 1926 Ser B M&S 9 Liggett & Myers g 75 1944_A&O 113% 11U4 10 Constantin Refg 831922-'26 J&D Allied Packers deb 6s 1930_J&J 83 Copper Export Associates 82 Gold bonds bs 1951____F&A 97 Certificates of deposit 8 notes Feb 15 '23_ F&A 15 102 3 63% 102% Lima Locomo 1st toO-87 notes Feb 15 '24_ F&A 15 102% 102% Lorillard (P) Co g 6s 1932_M&N 103 1st m & coil tr 8s 1939w 1_ 98 CM% 75 1944_A&O 113 Aluminum Co 75 1925_M&N 103% 103% 8% notes Feb 15'25F&A 15 104 Gold bonds 5s 1951 961 F&A 104% 90% Am Agric Chem 1st 55 1928 A&O Corn Prod Ref 5 f 55 1931_ M&N Lukens Steel 1st M g 85'40 M& N 101% 105% 94% 97% 95% let ref 51 7%5 1941 F&A 102% 103 1st g Bs 1934 sf M&N Mallory SS 1st 51 bs 1932_ _J&J 98% 65-; 82 88 Amer Can—deb 55 1928.. F&A J&J 97% Cosden & Co 6s 1932 967% 101% Manati Sugar Co Amer Chicle-65 '22-'27_ _A&O Cramp(Wm)SonsShip&EngBidg 1st M s f 7%s 1942 A&O Sen SenChic 65J'ne 14'29J&D 1st M g Bs 1929 opt____M&S Marland Oil 8s 1931 Ser A_ A&O 97 100 OiVk 101 Amer Cot Oil g 55 1931 opt M&N 5i — Crew Levick Co let 65 1931 F&A With warrant attached ooK 00 897% 112% 6% notes Sept 2 1924_M&S 2 Cuba Cane Sug deb 7s 1930_J&J 9834 99 843 95 853 Mercantile Stores 58 1933 93 American Malting Ss 1926_J&D Cony deb 88 1930 J&J 84 25 817% Mexican C & C 55 1926 op_ M&S American Ice Securities— Cuban-American Sugar Mexican Petroleum Ltd of Del— American Ice Co—R E 1st & 1st M colt 8s Mar 15'31M&S15 Cony s f g 8s 1931h. M&N 107 107% 107% gen 8. f 68'42 opt'13F&A 102 Cudahy Pack e I be 1946_ _J&D 10634 Midvale Steel & Ordnance— 1027% 88 89 Amer Pipe & Constr Securities— 7% g notes July 15 '23_J&J lb 101. Cony s f 5s 1936 M&S 102 91% 91% Coll tr g 6s 1922 opt Deere & Co 7%% notes'31 M&N 101% 102 F&A 100 Monon Coal—See Chic Ind & L Ry p 33 1 Amer Smelt &Ref 58 1947 A&O 55— Dewees(W)Wood Co 58 .30M&N Morris & Co 1st s t 4%8'39_J&J 92% 98 87% 85% Amer SteelFound deb 4s'23F&A Diam'd Match deb 7348'35 M&N 1077% 16§-1 94 %; 73-4% gold notes 1030 M&S 105% 105% Amer Sugar Refg 6s 1937_J&J 100% 16"9" Distillers' Securities Corp— Natelk&Sult 8% notes'30M&S 103 103% American Sumatra Tobacco Coil tr cy g 135'27 op '08_A&O 44 457% Nat Conti & Cable Os '27 A&O f 46 48 77%% sf cony notes 1925 J&D 10M&N Certificates of deposit 95 02 94 Domin Coal 5e'40 op) 97 f 45 47 Amer Tob 7% notes 1922.M&N 101 J&J r 89 101% Domin Iron & St 5s 1929 89% Nat Enam & Stog 5s 1929_J&D 96% -7% gold notes 1923___M&N 102% 102% Driver-Harris Co 1st 88 1931_ __ _ - _ - National Leather American Type Founders— du Pont(E Dde Nemours & Co8% g notes Nov 15'25 M&N15 99% 100 Deb gold 65 1926 M&N Gold 734s May 1 1931_ _ M&N 107% 107% Nat Starch deb 5s 1930 gu...J&J 95 94 91 Deb gold Cs 1937 55 du Pont(E I)de Nem PowdM&N National Tube 1st 5e '52_ _ M&N 95 99% 99% Deb gold 68 1939 M& Gold 4345 June 1 1936_ J&D Natomas Co gen 6s 1935 J&J 94 97 85 90 63 Amer Writ Paper 517-65'39 Eastern Steel lst58'31op'16F&A 87% New Eng Nay—See N Y N II & II REt 88 Anaconda Copper Mining Elk Horn Coal Os 1925 J&D New Eng 011&Ref 1st 85'31M&S 101 o8 103 6% gold bonds 1929 Ser AJ&J 100 N J Zinc 1st 4s 1926 100% Empire Oil Purch 7s 1.923_M&S A&O 90 If% gold bds 1929 Ser B_J&J 103 1033 Empire Refg let Os 1927._ F&A OKoo - New ;River Co 1st 5s 1934_J&J 86 Anglo-.Amer Oil, Ltd—sf gold Fairmont Coal Se 1931 J&J NYA1rBrakelst6s'28 cony M&N 100% 10034 93 94 77%5 1925 A&O 103% 103% Federal SUg Ref 65 1924__M&N 100 7733 1007% N Y Dock Co—lst g 48'51.F&A 78N Armour & Co—Real estate 1st Flak Rubber Co 1st 8s 194L M&S 1067% 106% N Y & Hob F'y 58 May'46_J&D 75 gold Ofs 1939 opt 8 9% Fort &Union Depot—SeeSteam RR Bo lids J&D 89 Hoboken Ferry as 1946_ M&N 75 7% notes July 15 1930J&J 15 103% 104% Framerican Ind & Day Corp— NY&NJ Ferry-58'46_J&J 75 Cony g deb 65J'ne15'22J&D15 100 N Y Shipbldg 1st 55 Nov 1 1946 _ _ _ _ I Deb 73,4s w 1 1942 J&J 99 7 75-9834 73 Cony g deb 65rne15'23J&D15 100 Francisco Sug 7%s'42w i M&N 15 Nova Scotia Steel & Coal Cony g deb 65 J'ne15'24J&D 15 100 Galena-Signal Olideb 7s'30A&O s loaK slOt 1st s f 5s 1959 J&J r 80 Associated Oil Co -55 1922 F&A 100 took; General Amer Tank Car Corp— O'Gara Coal 5s'55 op aft'08M&S 72 68 Atlantic Fruit & SS— Equip 7s (s a) 1922-23__M&N 100 Ogilvie Flour Mills Os '32_ _J&D r 100 102 S f cone deb 7s'34 Ser A.J&D Series B 427% Eq tr 7%5'31 Ser GG_ _ _A&O 42 Atl Gulf J6W Indies SS Lines— Gen Asphalt cony 8s 1930_J&D 10 4 Series C 102% 1.05 03 r 100 A Coll tr g 5s Jan 1 1959_ —J&J Otis Steel s f 8s 1941______F&A 102 65 Gen'l Baking 1st 68 1936.J&D 647% 164— 993 Atlantic Refining Co Gen'l Elec 3345 1942 opt_ _F&A Pacific Coast Co—G 5s'46.J&D 77 7 78 80 6%% gold deb 1931 M&S 103% 103% Deb g 58'52 tax-ex NY_M&S 100% 101% Pee Fruit Express Eq—See SO u Pac Co - -34 p Atlas Powder Co— Deb Os Feb 1 1940 F&A 104% 10134 Packard Motor Car Co— Cony g 7%5 1936 General Petroleum Corp F&A 108 Ten-yr 8s Apr 15 '31_Adc015 107 107% Baldwin Locomotive Works— 7% s f g notes Feb15'31F&A15 1027% 103% Pan-Amer Petrol & Tran5P ist at Se 1940 opt aft'15 M&N 101% 107 Goodrich(BF)7% notes'25_A&O 100 1st lien equip 75 1930___F&A 101% 103 100% Barney es Smith Car Ss '86_J&J Goodyear T & Rub 8s '41_ M&N 28 s 1165 Park & Tilford s f 68 1938_J&D 66 60 % Barnsdall Corp 8s 1931___J&J 104 Deb s f 8s May 1931_ __ _F&A Parsons(W Va) Pulp & Lumber ioo 01 s 102% Beech Creek C & C 55'44_ _J&D Gorham Mfg 7s 1923-24_ _ F&A lot M g Os '23 '24 opt__M&N 94 65Bethlehem Steel Corporation Granby Con Min Smelt & Pow Peerless Trk&Mot65'23_M&NIO 993-4 DK7% g notes July 15'23_J&J15 104% 104% 1st cony Cs 1928 Ser A__M&N Penelec Coal 1st Os 1924_116,1cS 887% 92 Beth St 1st ex g 55'26 gu_J&J Stamped Penmans.Ltd-15t55'26op M&N r 91 99 , 98% 87 165— 64-Beth St pur m 65 Aug '98_Q-F 109 112 I Cony deb 8s 1926____M&N 10018 10134 Pennsylv C dc0 1st 55'32 op MO 95 91 Beth St let 1 & ref 55'42_M&N 95% Grand River Coal & Coke—See Co Fuel & Iron Penn Mary Steel—SeellethSteel 947% Purch money 58 1936_ _J&J 91 92% Gulf 011 Corp deb 78 1933F&A 104 1013 Pennsylvania Steel—, Beth Steel eq tr 75 1935_A&0 102,I 102% Havana Tobacco -5s 1922_J&D fn 20 Pa&Md Steel con g65'25 M&S 35 99 100 Penn Mary Steel 55 1937_J&J Hecker-Jones-Jewell Os'22.M&S Span-Amer Iron Os 1927_J&J 88 99 997% 10034 100% Booth Fisheries at 6s 1926_A&O Phillips Petroleum Co— 83 Hoboken Land & Impt Co 793 Boston Term Co-37%5'47_ F&A 1st M g 5s Nov 1930_ _ _M&N Deb g 73-4s'31(with warr)A&O 124 75 80 80 Braden Copper Mines Co— Hock Val Prod 58 '61 opt__J&J f 57 Without warrants 61 101 106 'ink fund gold 65 1931 F&A 98% Holland-Am Line Os '47__M&N s 92% Pierce Oil 88 Dec15'31__J&D15 102 987% 1023-4 Brunswick-Balke-Collender Co Hood Rubber 7s 1936 Pittsb Brewing 65 Feb 4'49_J&J J&D 98 74% % serial notes 1923-29_ _J&J b 7% 6.25% Hudson Nay g 68 1938 opt_ F&A f 6§i2 Pitts Coal deb 58 July '31_ M&S 20 s Buffalo & Susq Iron 5s 1932 J&D Humble 011 & Refining— Pittsburgh-Weetmorelaud Coal __ 883i Deb g 55 Jan '26 opt'10_ M&S 7% g notes Mar 15'23 M&S15 101% 101% let a f g be 1947 993 84 Bush Term let 45 1952 A&O Pitts dc WestmC55'25op.M&N 90% 81 Illinois Steel—Deb 4348'40.A&O 80 90 98 Cons g 55Jan 1 1955 J&J Pleasant Val Coal 55 1928_J&J 69 91 Independent Brewing 68'55.J&J 65 907% -79% Bush Terminal Buildings Co Indiana Steel 1st 5s 1952_ _M&N 98% 99% Pocahontas Consol Collieries 1st 8 f gold guar 55 1960_ A&O 1st gold Ss 1957 op____J&J 92% Ingersoll-Rand—lst g 58 Dec 31 907% 91 95 By-Products Coke Corp 1935 opt Dec 31 1910_ _ _J&J 88% ---- Porto Rican-Amer Tobacco Co 1st& ref of 851936 Ser A_ M&N 101 Inland Steel 1st Os 1923-28_ A&O 100 8% g bds May 15'31.M&N 15 102 101% 104 Cahaba Coal Min—See Tenn C. I & RR Extdcref 65'42 op'16 ser A.J&J 101 165-- Powell Riv Co. Os '23-'27_J&J _ Calif Wine Assn 58 1925__M&S Internat Agricul Corp Procter & Gamble Co Canada Cem't 1st Os'29 op A&O r 977% tr 5 f g 58'32 op_M&N 79% 7% gold notes 1923___M&S 1013-i 102 98 97 70 Canadian Car ec Fdy Co, Ltd Int Cement 8% notes 1926 J&D 11134 Producers & Refiners Corp 13 y, 1st sf gold 65 1939 International Mere Marine J&D r 98 88 1931 (with warrants) J&D 112% Canadian Cons Rubber, Ltd— 1st M coll trust Os 1941_A&O Without warrants attached 97% 102% 97% Gold 65 1946 opt 1911___Adc0 r 96 International Paper— Remington Typewriter, Canadian Cottons 55 1940_J&J2 r 85 . _let 4ic ref f 5s 1947 Ser A _ J&J 1 t M Os 1923-1926____J&J 8734 8634 95 LentralFoundry 68 1931 F&A 85 1st & ref bs 1947 Ser B_ _J&J 84 867% Republic Ir it Steel Bs '40 Adc0 95 863-i Cent Bud St'boat 5s Apr'33 A&O 80 Internet Salt g 5s 1951 op_A&O 76 73 7534 Reynolds(RJ)Tobac Os'22_ F&A Central Leather Bs 1925.._ A&O 975% 98 Internet Silver 1st 65 1948.J&D 101-Roch & Pitts C&I Bs 1946_ Mec N 903-4 Central Steel -15t85 1941 M&N 104 Deb Os 1933 91 1st s f g 434s 1932 opt__F&A 103 J&J 92 90 Cerro de Pasco Copper Corp— Invincible 011 88 1931 98 983-4 Rocky Mtn Fuel 5s 1941__A&O 55 65 Cony g 85 1931 Iron Steam. Gen 4s 1932__A&O Rogers 123 J&J 1229 -Brown Iron 50'23-40J&J 45 37 Charcoal Iron of Amer 8s 193E_ 96 Gen& ref 7s 1912 98 Jeff & Clearf C (cc I 5s '26_J&D 98 M&N — 973-4 Chic Jet colt tr ref g 45 '40_ A&O Indiana Co 1st s f 55 1950.J&J 90St. Joseph 1Stk Yds 454s '30J&J 81% 7934 Coll trust ref 55 1940_ _ _ Adc0 Jones & Laughlin St 55'39_ M&N 923 64-1 St. Lawrence Pulp & Lumber 2 97% Chic Un Sta—See SteamRR bds Kayser (Julius) & Co 1st M 65 1923--1933 IP&A Chicoutimi Pulp 65 1943_ _ _J&J 1st M s f 78 1942... F&A 15 103 104 St. Louts Brew Assn Os 1939J&J Chili Copper cony 75 1923_ M&N 1059 Kelly-Springfield Tire Co St. Louis Car Co.65 1923_ _ M&N 98 Cony 65 1932 Series A__ A&O 8% g notes May 15'31M&N15 108 10834 dt. L Nat Stock Yds 48 '30_J&J 92 917% 85 Clearfleld Bit Coal 4s 1940_J&J Kennecott Copper 7s'30_ F&A 105 71 10534 St.LRocky Mt.&P55'55 stpJ&J 8234 Cleve & Sandusky Brewing Kinney (GR)Co 734s 1936 J&D 98 9834 Sears, Roebuck dr Co 1st at g 65 June 1 '48 opt_J&J Knlckerb Ice let 55 '41 opt_J&J 8334 7 g notes Oct 15'22 A&O 15 1003-4 89 867% 823 -4 Clyde SS 1st 55 1931 opt F&A 84 90 Knight (B B & R) Inc 7% g notes Oct 15'23 A&O 15 1013-4 Col Fuel & Iron sf 55 1913_ F&A 1st s f 7s 1930 94 Securities Co.NY 4% cons.M&S 90 M&S 91 897% / 1003-4 Sen Sen Chiclet—See Amer Chic le 50 Colorado Industrial Kresge (SS)Co 7% 1923 993 _Jdc.1 1st g gu Is ser A&B'34op F&A 77 7s 1921-1926 J&J 767% 999 -t 10134 Sharon Steel Hoop 8s 1941_ M&P 9934 La Belle Iron Wks 1st 5s'40J&D 91 ShawshMills 7% notes '31 A&O s 10234 887% Lackaw St be '23 op to '06_ A&O 99% 100 1st bs 1950 op after 1915.M&S 90% 91 1131 14-I Basis. f This price includes accrued interest. k Last sale. n Nominal. r Canadian price. r Canadian price. a Sale prim. 45 JUNE, 1922.11 INDUSTRIAL AND MISCELLANEOUS BONDS AND STOCKS -All bond prices are "and interest" except where marked "f" and income and defaulted bonds. NOTICE. 4 JBonds. Bid. Sinclair Cons 011 Corp733 n'tesMay 15125.M&N15 1st 1 col7s serA w 1 '37 M&S15 Sinclair Crude Oil Purcleg Co54% notes Apr 15'25 A&015 Bloss-Sheffield Steel & Iron6% e f g notes 1929_- _F&A Adz° Solvay & Cie 8s 1927 South Porto Rico Sug 75'40J&D F&A Sperry Flour 68 1934 Standard Mill-lst g 15830M&N Standard 011 (Cal) 78 1931 F&A Standard 011 of New York7 ser g deb Jan 2 1.925_J&J2 7% erg deb Jan 2 1926_J&J2 7 ser g deb Jan 2 1927_J&J2 7 ser g deb Jan 2 1928_J&J2 7 ser g deb Jan 2 1929-I&J2 7 ser g deb Jan 2 1930_J&J2 7% Berg deb Jan 2 1931_J&J2 634% g deb May 1'33__M&N StandSteelWorks lst 5s'28_J&J J&J r Steel Co of Can.(is 1940 Steel dc Tube Co. of Amer.C_J&J Gen m s f 7s 1951 Ser Sun Co s f g deb Os 1929_M&S Sink fund gold 7s 1931 A&O 3wift dc Co 1st s f g Os '44_ _J&J 7% gold notes 1925__A&O 15 7% notes Aug 13 1931_FdtA15 Temple Coal s f. 5s 1924___J&J Tenn C I dc RR gen Os'51__J&J Ala Steel&Shipbldges'30J&J Cahaba CM Co 1st Os'22J&D Tenn Cop Co cony Os'25_M&N Foxes Co 7% notes 1923 M&S tidal Osage Oil s f 7s '31_F&A ride Water 011 6 As'31 _RicA15 Lob Prod 7s Dec15 '31 J&D15 Traylor Eng & Mfg 8s 1936_ _ __ 1Union B dc P 1st g 54'30 op.1.tc.1 1st in Os 1942 Ser A____M&N Ask. Bonds. I Bid. I Ask. Union 011 Co of California 3 94% First liens f 58 1931 opt_J&.1 1043/i 101% Co 1st 58'52gu.T&D 103 99%, 99% Union Steel Union Tank Car Eq 73'30_ _ F&A 103 993/i Un Trans 1st Os 1923____P&A 993 United Drug con 8s '41 J&D15 111 96 96% Unit Fruit-Deb 44s 1923.J&J _ J&J 105 Deb g 4%s 1925 5 f 105% 85 99 United Lead deb 55 1943_J&J 983 983 1019/i 102 U S Automotive Corp 8s 1931_ _ 933, 96 U.S. Env 1st Os 19224934 Jac D 953 91 104% 105 U S Finishing Con g 55 '29_ _J&J U S Hoffman Machinery Co105 J&J 100 Deb sf 831932 105k 1053( 105% S Light dc Heat 1st 6s '35.J &D 106y, 107 TT S Realty & Imp5s g'24op.I&J 96 1063/ 10634 T1 S Rubber 7%% notes'30F& A 1071 107 1073 % 7% notes Dec 1 1923_ _Jdc D 10212 10734 1073/i % 893 1st & ref 58 1947 Ser A_J&J 109 1093 U S Smelt Refg & Mining % 8% notes 1926____P&A 102 106% 1073 Cony ____ United States Steel Corp993' Col tr s f 58 Apr '51 op'11.Var 103 ____ 983. Col tr s f Os Apr'51 notop.Vat 103 101 Col s f 2d 5s Apr'63op'13M&N 101% 10134 97% Utah Fuel-See Deny & Rio Or. p. 34. 98 100% 101 Utah-Idaho Sugar Co% 963 1st M serial 7s 1922-30_ -J&J 93 983/i 10134 102 5 Vacuum 011 Co 7% 1936_ _Adc0 106'H % 102% Vancouver Lumber 68'22'25J&J 100 1023 1003% 1003 Vandalla Coal 1st Os '30op_J&J % 5 43 97% 98% Victor-Amer Fuel 1st Os 40P&A 99 65 ____ Victor Fuel 1st s f g 58 1953_J&J Virginia-Carollna Chemical 99 1 99% 9934 18t M g 5s 1923 opt s 1.....JezD 99% 1013% 101%1 Cony deb 6s 1924_-A&015 9934 103 1033% 5 f g deb 73%s 1932___M&N 105% 98% 1013 1st ms f 7s 1947 Ser A w i J&D % % 1023 1003% 101 92 Va It Coal & Coke Os 1949M &S Ward Baking 63 1937__J&D15 98 102 98 102 1013 Warner Sugar Ref Co % 963% J&D 1st in 7s 1911 9734 993% WebsterC&C 1st g 53'42 op M&S 91 Welch Grape Juice 8s 1931_ _ __ 993% Welsbach Co col tr Os '30_J&D 983% Bands. Western Electric Co 1st 55 Dec 31'22op Cony gold 7s Apr 1925Adc(); 101 103% Westinghouse Elec & Mfg 7% gold bonds 1931__ _ _ MdcNi 111% Whitaker-Glessner Co 1st s f g 6s 1941 A&0 Wickw Spencer Steel 7s '35 J&J1 Wickw Spencer Steel 7s '35 J&J' 88 Wilson & Co 1st 63 1941.. _ _ A&O, __ 97 Cony s f g 63 1928 J&D' 91 Cony s f g 73%s 1931_ _ F&A Bid. Ask. 100 107% 10016 107% 106% 107% 98%i 99% 99%1 100 97%, 97% 91% 92% 104% 101 100% EXCHANGE SEATS 97 107% % 1023 90 No. Lasi Bale N Y Stock Exch_ _1,100 $99,000 6,000, 1033' N Y Con Stk Ex_ 476 1,550 I N Y Produce Ex-1,800 104% N Y Cotton Ex__ 450 16,250, 4,500 1044 NY Cot & Sug Ex 323 101% NY Curb Market 550 7.900; 2,500 Baltimore Stk Ex 87 9,0001 Boston Stock Ex_ 150 6,300', 993 Chic Bd of Trade1,611 4,450, 107% Chicago Stk Each 250 3,500; 102 Cincinnati Stk Ex 35 3,700 Cleveland Stk Ex 35 4,125 50 __ Detroit Stk Exch_ 1,200 29 75 Louisville Stk Ex_ 3,000 Minn Ch of Com.. 587 73 25,000 100 Montreal Stk Ex_ 7,700 100 , New Ori Cot Ex__ 500 3,000 1053% Phila Stk Each__ 221 3,500 99 Pitts. Stock Ex__ 115 1,500 96 St. Louis Exch__ 50 46 24.500 100 (SanF)Stk&BdEx 850 40 Wash'ton Stk Ex_ 100 95 102 100 b Basis. f This price includes accrued interest. k Last sale. n Nominal. r Canadian price. 8 $ 6,000 1,500, 17,000 _ _ _ _I $ 6,500 1,600 18,000 4,500 , -1„ 0 6,000 6,30 ____ 4,500 ---_----_--3;665 22,000, 7,500 2,500 3,200 1,500 3i00 -865 .0 .- 8 8,816 3,200 3,500 2,000 Sale price. INDUSTRIAL AND MISCELLANEOUS STOCKS Itosks. Par '1113XTILE MPG STOCKS. North. Mills. Par. Arcadia M AcushnetMill(NB)I Am Linen(Fall R) I American Mfg 100 Preferred ____160 Alsoskeag Mfg(voluntary assn)_ (t) PreffIred___- (t) (Me)I A adroscog M AppletonCo(Masa)1 Arkwright M(FR' ArlIngtonM(Mass) Barnard Mfg(FR) Bates Mfg (Me)-- I Beacon Mtg (NB) I Preferred.___100 Berkshire Cot Mfg. Adams, Mass__ 1 Bigel-HartfCarP't t t Preferred_ ___100 BoottMills(Mass) 1 Border ClAfg(FR) 1 Boston Miro)! Bos Duck Ma1111)BourneMil s(FR) I Bristol Mfg(N B) I 1 , Butler Mill (1` B)- 1 Preferred__ _ _100 Chace Mills(F R) 1 Charlton Mills_100 C alcopes Mfg (pf) I (NB)1 CItyMfgC'rp Co stIn'i M (Ma.1 Co moll Mills(FR) Dartmouth Mfg Corp (N B)_..100 Preferred ____100 Davis Mille(FR).. 1 Davol Mills (FR).. 1 Draper Corp...._100 D wightMfg(Mass)_ Edwards Mfg(Me) EsmondM(RI),pf I Everett M (Mau) 1 Fairla Mills corn 100 Preferred ----100 FarrAlpaca(Mass)1 Flint Mills (F R)- 1 Franklin Co(Me)- 1 GosnoldM (NB)._ I Preferred Granite Milli(FR) I GI Falls Mfg(NH)I Greelock Co-....100 Grinnell Mfg(NB)1 HimiltMfg(Mass) Haaallt W (Maas) I H‘rmony Mills pf I 11111 Mfg Co(Me) Holmes Mfg(N B)I Preferred Par. Bid. Stocks. Stocks. Par.I ---30 Inter Cot M__80 ereterred____100 z 68 K-- TecmnsehM (F R)1 'rho radike (Mass) Per share. Kilburn M (N B).. I 220 KingPtillinM(FR)I 148-- Tramont & Suffolk 100 ____ L tacaterM (Masa)1 120 1 kt (Mass)130 155 40 85 La arel Lake corn -_ _ _ _ rroyCot'n& Woorn 98 L Awrence Mfg(M)I 124 93 Mfg (F R)___500 83 LI min Mfg (FR). I 118 81 UnlonCotMf(FR).I Lo Arwood Co(Me)I 135 Utica Knitt Co_100 150 1143% L tweliBleach(M)_ I 158 114 Preferred ____100 162 L tther Mfg (FR)_ I 833% Utica Steam & 190 __130 L man Mills (M).. I 015-- 180 _ 120 Moh Val Cot M.I M snomet M (NB)I 112 600 650 Wampanoag Mills __ 50M los Cot Mills__ I 148 100 (F BO 150165-- M schania M(FR)I 120_ _ _ _ Wamsutta M(NB)I 100 1223% Me:ch Mfg(FR)__ I 162 120 _ __ _ Weetamoe M(FR)I 265 255 Me:rimack Mfg Whitman M (NB) I 100 ;Mass) 90 96 York Mfg (Me)_ I ____ 05 Preferred__ ._..100 75 78 MIddlesex Coal) Southern Mills. ---- k 60 210 Mt V-Wood Mills 225 AbbevilleCM(SC)a 100 (Balt)•t r 100 98 Amer Spinning Co_ 15 108 105 Preferred•t r100 81.-- 523% AndersonCM(SC) a ____ Narragansett Mille 125 100 Arcadia M (F R) 140 130 100 125Arkwright M (SC)a _ _ _ Nashawena M_100 1373% 125 Augusta Fac (Ga).a _ k 26o- Nashua M ;NH)__ I 75 a5- Belton Mills(8C)_ a ____ Naumkeag (Mass) 125Brookside Mills 100 155 Steam Cot Co__ I 215 220 Chesnee M .5-- N 1:5 • swnnarket Mfg 140 Clifton Mfg (SC)_a Co (N H)_ _100 61_ k 166 ClintonCotM(SC)a _-_- N inquittSp(N B). I 162 97 Columbus Mfg(Ga) _ _ Osborn Mills(FR). I 145 105 Dallas Mfg (Ala)_a - .._ _ _ k 99% P• ao Mills (Mass).. I 1K-- 163 Darl'g'n Mfg(SC).a 175 P sge Mfg (N B).._ I Drayton Mills__100 140 Parker Mills(FR). I 125 55Eagle du Phenix ____ PeppereliMfg 200 (Me)i 171 Mills (Ga) 177-5.-_ a Pierce Mfg(NB)__ I 435 EnterpriseMf(Ga)a 280 P !grim M com. 270 -_ 115- Expos'n C M (Ga)a 86 Preferred 82 165-_ _ Gaffney Mfg (SC) a 107 Po mustset Mfg(FR)I 101 70 ____ Greenw'd CI).1(S()a Poneruah M(Prov) I 100 112 ____ Grendel Mills(SC)a 18, 71 Preferred 152 I 85 ____ Henrietta M (NC)a 115 P vtomska M(NB) I 170 110 ____ Jackson M 85 R13h Borden Mfg 80 King,JP,Mfg(Ga)a Co (F R)--.._100 135 95 ...... LancasterCM(SC)a 1116 S sgamors Mt 175 Lanett Cot M_ ..100 170 (F R) 100 --_- 315 Laurens CM(13C)-a 95 5slmon Falls Mtg __ _ _ Marlon Mills.....100 Co(N H).,-_ _100 139 90 100 MarlboroCM(SC)a -_-.,.;.,- S• eaconnet M(FR) 1 200 _ 44 50 Mass Mills_ _(Ga)_ k 195A Sharp Mfg(N B)__ i 111 ____ Mills Mfg Co(SC).a __... 115Preferred_.. ..100 103 ---- Monarch CM(SC)a .34 Shawmut Cot-Mills 111 NewberryCM(SO)a ---- (F R)com 102 100 Oconee M com ---85 80 . 0734 Orr Cot M (SC) Preferred,-100 -..a 100 Sh tveMIlls(ru)loo 75-7 80 Pacolet Mfg (SC)a ____ Sk3nandoah Cot 153-Preferred _ _ _ _100 Co (Utica).. _..100 60 65 Pelzer MfgCo(SC)a 85 s inle Mill (N B)_ i 170 ig-180 Piedmont Mfg(SC)a _ _ __ k 97 Stafford M (F R).. I 110 115 PhillipsButtorffM a 140 Stevens Mfg(FR)_ 1 122 125 Poe,FW,Mfg(SC) a 275 305 Taber Mill(N B)_ I 1323% 140 ---- Riverside M _ _12.50 112% Saxon Mills.. _....100 Bid. Ask. Ash Stocks. Par. agr Aare 170 Sibley Mfg (Ga)__a Spartan Mills(SC) a Tacapau M (S C)_ a Union-Buffalo M 100 let pref 2d preferred_100 Victor-Monag Co_a _a Preferred _ Webb Mfg (Nash) a West Point Mfg 100 Whitney Mfg(SC) a Woodside Cot Ma a Preferred Woodruff M..__100 Bid 135 142 700 195 89 93 91 96 155 158 116 135 120 105 Bid. Ask. 35 114 45 121 200 24 84 45 90 103 75 118 135 95 82 40 88 101 50 114 89 76 160 165 Canadian Mills. Can Idia isprices 80 79% 190 Can Convert, Ltd.a 90 195 Can Cottons, Ltd_a 82% a Preferred 156 Per share. Domin Text, Ltd_ a 155 110 105 Preferred 86 _ 260 Montreal Cottons.a 73% Preferred a 70 225 Penmans, Ltd_ ,a 110 91% a 110 95 Preferred 35 30 50 INSURANCE STOCKS. Per cent 150 Par Albany. 220 115 Albany InsCo__ 50 210 110 210 CommerceInsCo 2t 190 200 ear share. 165 Baltimore. 160 175 38 Baltimore-Amer _21 20% 70 Central Fire.. _10 46 Per share. • Boston. 450 10C 430 145 Boston 135 122 90 Colum Nat Life.100 118 85 Conveyancers' 300 100 63 60 Title 68 62 Mass Bonding_ _ 175 140 Brooklyn- Be. N 90 350 Per share. Detroit. 175 160 Detroit F & M__50 140 Michigan F tt M 50 200 90 70 140 175 103 116 125 90 128 97 100 116 130 100 83 165-138 75 145 215 106 95 131 135 103 8 86 Plr share. Hartford. 450 100 440 Aetna (Fire) 215 Automobile Ins 100 200 195 First Re-Ins.._..100 360 Hartford Fire.._100 355 Hartf Steam Boil Imp dr Ins_ _ ..100 343 National Fire 100 450 495 Phoenix (Fire)_100 490 75 Standard Fire.... 50 Per share. Life Insurance 320 300 Aetna Casity dz Sul 655 Aetna Life 100 645 470 100 460 Conn Gen 680 _ _100 672 Travelers' Per share. Indianapolis Sterling Fire.. ___10 d 7 Per C Louisville. 80 120 Liberty b Assessment paid. c Par value $700. d Price per share, not percent. h Par value $1,000. k Last sale. I Par value $100. in 1st install. Paid. n Nominal. r Canadian price. s Sale price. t New stock. z Ex-div. y Ex-rights. z Ex-stock div. t Without par value. 46 INDUSTRIAL AND MISCELLANEOUS STOCKS [VOL. 114. Stocks. Par.1 Bid. Stocks. Par. Bid. Stocks. Par. Bid. I Ask. Ask. ,I Stocks. Par. Bid. Ask. Ask. Minneapolis. Per share. Per share. Per 'share. Per Share Nor'weatF& M 100 180 Iles Royale Cop_ 28 ' Alabama Co__100 Am Writing Pap100 200 35 25 4%, 5 26 Newark. no u Per share. Kennecott Cop_(t) tat pref 100 Preferred _ _100 50 34 34% American Kerr Lake 5 339 Ot 17 -,i'8 2nd pref _ _ _ _100 ,a-- Anglo-Amer 011. ti d 22 * 18 40 22% Firemen's 80 210 fake Copper_._ _ _ 28 Albany Com 100 65 43% Armour & Co pf 100 55 97% OS 5 Prudential Life.. 50 450 LaRose Cons M....5 35 Albany (N Y) Safe ,. A rmourLeath corn15 12% 12% 30c. New Haven. La Salle Copper..25 Per t ef er ald .. Dap&Storage 100 140 k rPrme tre Com 110 _ 00 160 85% 86% 2 I 13% Security Ins_ _ 25 Mason Val Mines5 41 43 2 d 14% 16% 2% Allied Chem dc Dye Corp New Orleans. Per share. Mass Cons 28 Temp• t c (t) d 70% 70% 3 Lafayette 50 210 3 MavflowerOldCo125 Preferred _ _ _ _100 Arundel Corp.._50 d 41 t ,- Y.5% 5% Aped Packers....(t) 1085% s 109% New York. McIntyre, Ppine_5 Per Preferred_ _ _ _100 10 91W1 17%, 18 Amer Alliance....100 270 Miami Copper___5 Prior prof Assets Realiza_100 280 s 30 2 303% 31 134 Bankers& Ship_ 100 140 Michigan Allis Chalmers Mfg 25 Assoc Dry G'ds_100 175 55 56% 23% 3 City of N Y____100 168 Mohawk Corn 1st pref..._ _100 25 177 100 49 49% 80 82 665% 67 Commonwealth 100 300 Nevada Cons Con 5 185%Pre! ___ _ _100 2nd pref___ ..100 325 95 98 82% 83 185% Continental 25 d 74 New Cornelia Cop.8 76 s 22% Associated 011.100 124 125 195% 203% A'inntrium Mfrs(f) Fidelity-Phenix 100 595 Preferred_ _100 Associat'd Simmons 605_ New Idria Quicks.8 13(1 Globe&Rutgers 100 1400 . ' 1 1 New River Co..100 Hardware ____10 d 334 71 37 ' Amal Sug 1st-p1.100 334 Great American 100 243 Preferred ___100 mu A n Agri Chem. 100 Preferred ...._100 21§ 40 39 90 88 75 Hanover 50 d 30 68 Nipissing Mines ..t Preferred .100 Atlantic Frult__100 ,/, 90 66 3 6% 4% Home 100 405 - Am Pant Note_50 d 69 All Gulf de W North Butte____15 408 72 14% Mercantile __ _100 North Lake Ind SS Linea_100 25 Prt ferr el _ _ __80 d 51% 52 42 42% 50c. National Liberty 50 d 165 Ohio Copper .' Am Beet Sugar_ 100 Preferred ___100 -12 -, 10 173 47 46% 30 30% 8c. Niagara 5 d 142 0 Allan Loboa011_(t) d 11% Old Dominion....25 146 75 85 12 26 27 I Preferred ___100 Northern 100 100 8 'A i.erican Book.100 105 Ontario Sil Min 100 Preferred 50 d 42 115 48 North River.. Am Bosch Magn(t) d 46% 25 25 d 32 55-- Osceola 37 46% Atlantic Petrol _25 375% Pacific Fire 25 d 45 21,.I..m BrakeSh&F..(t) d 59 Pit dr MtShastaCop 60 60% Atlantic Refin_100 10- 5 6 - 116520c. Stuyvesant ____100 Pond Creek Coal.10 Preferred _ _ _100 107% 110 Preferred_ _ _100 114% 115% 70 50 20 20% United States--20 d 42 An ' American Can 100 Quincy 25 47 48 48g, Atlas Powder _100 121 127 48 Westchester_ Rand Mines, Ltd__ 'i"3/1 Preferred .. _ _100 105 37 10 d 35 1053 ! Preferred ___100 4 27% 82 80 Philadelphia. Atlas Tack Per share. Ray Cons Cop ..10 (t) d 19 165 18% 20 -.10 , An Car & Fdry 100 164 Alliance of Phile _10 , Preferred .....100 120% Austin,Nich&Co t) d 30% ( s 23 St Joseph Lead_10 32 15 Fire Association_50 Preferred _ __100 Am Caramel.. 100 1 s 320% Ban Toy 10 86 90 Ins Co of N A_ _ _10 Preferred _ _ _100 Autosales Corp 80 d 3% Seneca Cop Corp t) ( 50 40 4 husCoState ofPa100 Am Preferred ___ _50 d 11 10 365% k 120 Shannon 12 d 11% 14% Lumbermen's _ _ _25 -Babcock & Wil_100 118 'reVeVrc( : -., 1CiO el ____k 1105%. ShattuckArtzCop10 40 30 121 104 - i0 Am Cigar13- :(t 11, People's Nat Fire.. 1 , Baldw Loc Wks 100 118 100 23 South Lake.......25 66 69 118% 10 i3 1 16 Phila Life Preferred _ _ _100 Preferred _ _ _100 114 _ _1 10 Superior de Bost_10 82 86 114% Reliance 80 Am Coal of N J_28 Baltimore Tube 100 s 1934s 25 25 103 Superior UnitedFiremen's.10 ` Am Cotton 011.100 . lc 155% Tennessee Copper 30 3034 Preferred _ _ _100 5534 57 123,d 'Victory 50 Preferred & Chem temp.(t) 100 __s 101% 61% I3arnet Leath'r (t) d 52 6034 125% Providence. 1 N AmCreditIndem100 Preferred..... 100 d 88 Per share. ionopah Belmont 1 275 65:Y 13 Am Cyanamid_100 Prov Wash'ton 50 125 135 'Tonopah (Nev)__I 15- - 19 Barnsdall Corp 2 1.43 3 Richmond. Class A Preferred _ _ _100 25 d 48 Per share. 'Tonopah Ext Min 1 52 47 49 1% , 17 Amer Drug Synd 10 d 55% % Class B Virginia F & M.._28 Trinity 25 1 5-16 66 68 6 d 36% 37 ' A• m Express_ _ _100 135 29% Bayuk Bros,com105 3% St Paul, Minn ' 20 Per share. Un Verde Ext__5(1c 138 43 48 29 Preferred........100 101% Am erica!' Glue_100 109 StPaul F & M_ _ 100 335 Utah Cons 350 a 112% 2% 3 Preferred .._ _100 127 San Francisco. Per`share. Utah Copper Co_10 132% Beatrice Cream 100 198 262(313 ., 68% 1 y Am H2 ardware_100 Firemen's Fund 100 329% Preferred_ _ _ _100 100 Victoria 25 __ 180 177 105 Home Fire & MaHide&Leath100 Winona 25 15% Beaver Board Co(t) d 6 155% 7 1 1% Preferred 1st prof rine 100 7 28% Wolverine 27 25 25 72% 16 15 Vulcan Fire Ins --16 Wyandot 25 1 0 85 Beechnut Pk pf B100 151-- 108 145% 50c. 60c. Amer Hosiery_ _ 25 d 70 Washington. Bethlehem Mot(t) Per share. Yukon Geld 100 108 109 15% Am Ice Co 90c. American Preferred .....100 100 225 Beth'hem Steel..100 87 90 76 7534 Amer Intern Corp Corcoran Class B coin_.100 50 100 REAL ESTATE TR 77% 78 Full paid__ _100 20 Fireman's 18 Preferred_ ...100 ft LAND STOCKS 49% Per Share. 90% 09 495% Am-La France National Union_ _ 5 8% cony pref.100 11234 113% Albany Tr (Bost)_1 8 Wheeling, W.Va. Fire Eng Inc_ _10 d 135% Alliance Realty__1 13% Billings de Spen_ _25 d 20 22 Wheeling Fire I_100 Preferred .. _ _100 Preferred 93 Bedford Tr (Boat)-1 25 d 24 26 96% i-.-. Amer Laundry Bliss (E W)Co (t d 30% BerkeleyHot1Tr(B 32 5 ) Machinery ..100 129 MARINE INSURPreferred Bd of Tr Blg Tr(Cil 50 d 56 85 Preferred ......100 115 ANCE SCRIP. 2nd prof BosGr'd 111Tr(C a 92 9 393 Booth Fisheries..(11 (1 6% 10 % Atlantic MutualBost R E T (Bos)_h Per cent. 5 d 6% j::: Amer Linseed__100 38 • Preferred 100 1920 BosStorW'h'se(B) a 102 100 36 6ou 1st prof 59 995% 103 35% - --- Am Locomotive 100 114% 115% Borden Co -1921 _ Boston Wharf Co_l a 101 103 100 104 100 100 -Preferred _ _ _100 115% 116 1922 Preferred ...._100 100 1025% Bromf Bldg Tr(B) 1 98% 55 96% Am Mch Borne,Scrymser 100 395 Business RETr(B) 1 230 (-:i-- Am Malt dr Fdy 100 215 405 STOCKS MINING &Grain(t) d 11 Boatrier Belting ee_t stpff 1(0 0 Cent Bldg Tr (B)_1 Per cent. 12%B) 32 65 35 _ _ _ _ Amer Piano__ _100 Hill Adventure Cons_25 77c. Chic R E Trustees h a 900 65c. 63 69 19% d 19 Preferred _ _ ..1 CO Abmeek 25 Preferrod_. City R E T (C)__h 66 65% 100 82% 87 110 -- -- Am Pneu Serv _ _25 d 3% Alaska Gold M _ _10 Congress St Associ100 3% Brill (J G) 46 4334 First pref _ _ _.50 d 45 Alaska Juneau ates (Boston)_ _I a 100 75 47 I Preferred_ Preferred _ ___50 d 16% Gold Mining.. 10 (B) a 56 40 16% Bristol Brass_ ......25 d i5-15 1% 1% C'gressSt BlgTr An Radiator_ _ _25 d 99 25 Algomah 53c. Copley Sq Tr (B)_1 a 101 I Brit-Amer Tob 50c. (1 175% 17% Preferred _100 Allouez 25 Delta Bldg Tr (B)_1 a Ordin bearer_ 29 28% 55 - Am Rolling M111 25 116% 75 d 17% 175% _Amer Zinc Lead & Devonsh Blg Tr(B)I a 38 British Col Fish d 36% 37 Preferred _ _ _ 100 Smelting 25 Preferreed 107 2 a 19% 19% Am Safety Razor 25 d 6% Preferred 28 Brik P E inpir East Bos Land (B)_ itishackm g -e-1°(' 5 47 46 434 American Screw 100 120 Anaconda Cop....50 Steel, coin...... 100 135 90 56% 56% Ensley Land Co.. 13% 14% 80 Am Seed Mach_100 Arizona Com'cial_5 100 75 80 10% Rea'ty Associates of 10 76 Preferred _ _ _ 106 25 Arnold Brooklyn 18t prof 2(i re 100 127 100 87 50 35 36 132 Am Shipbldg_100 Batopilas Mm.. 20 Texas Pacific Land 77 82 Brown Shoe.......100 50 51 _..100 Bingham Mines_10 Preferred ...._ _100 Trust certfs _ 1 350 75 430 91 91% 155% 16 Amer Ship & Corn PreferredBonanza DevCo 10 Brunswick-Balke1% merce___(no par) d 21 Collender pf _100 Butte Cop & Z Co.5 77 3 TITLE OUARAN TEE & / 97 94 2434 Amer Smelt Sec Butte dt Sup.. ...10 Brunswick Term 33% 33% SAFE DEPOSIT S TOCK Pf Ser A stpd_100 Callahan Zinc & & Ry Sec_ 100 925% 4% 7 0 4 9334 Per Share. Pref Ser B ... _100 Buckeye Pipe L_50 d 95 Lead 10 lox II Amer Surety_ _ __SO 68 97 Am Smelt&Refg100 Calumet & Ariz_10 55-- (36- Burns Bros_ _ _ _100 Bond & M Guar100 240 64 245 63 Preferred _ _ _100 98 New preferred100 Calumet & Heels 25 205 Chicago T & Tr.100 264 97 300 9834 07% Prior pref..__ _100 Canada Copper...5 3 38 146 CityBD(A1bNY)100 150 116% 17 6-- Am Snuff corn_100 135 7 Preferred _ _ _100 Carson Hill G 92 96 A stock Columbia Title 137% 12 15 (t) d 137 Centennial Atn St Irdries 33 1-3 9 3 , Bush Tek B atoc 8% 25 38 125% (Washington) _ _5 ci 6 12 47% (t) d 47% Preferred _ _ _100 runnel_ 100 Cerro de PasCo(t) 405% Fidelity&D (Md)50 78 02 39 9634 American Stores10)d 159 (t 0 Preferred. _ _ _100 Chill Copper.. 23 2 0 Kentucky Title Co 23 22% 68 74 12034 1st pref. Chino Copper.._....5 Bush Term Bldgs pf 161 Preferred ____100 % 32% 323 88 06 08 Am Sugar Refg_ 100 Con Min &Smel 100 r 24% 79 27 158 27% 7934 Butterick Co... _100 245% Lawyers' M Co_100 Preferred _ _ _100 106 Cop Range Con 100 108 CaddoCentO&R100 Louisville Title.100 130 46 13 45% 1334 :::: Am Burnet Tob_100 Cal Pack Corp....01 dz 783.4 Crown Reserve_ __1 4534 18c. Maryland CasCo28 d 825% 7834 , Preferred .._.100 Calif Petrol____100 Daly-West Mortgage Bond.100 100 20 68 70 105 1% 62% 25% 61% Am Thread pref_..5 d Preferred_ ___100 Davis -Daly Cop_10 210 97 95% 35% 45% 85% Nat Surety Co_100 205 Am Tobacco__ HO 1435% 144 De Beers Con M__ Calumet & Chic NY ifItle&M tg _ 100 145 23 150 22 8 Co pr 100 1405% 142 Can & Dock_100 Dome Mines 9 295% RE TIns(Wash)100 106 29 Preferred forred B 100 102 East Butte 1025% Cambria Iron _..80• 55-10 12 Tit Ins&Gu(San Fr) 148% 11% Cambria Steel......50 Federal M&Sm_100 d 133 135 Title Glu Tr(StL)100 15 10 41i A• m T ppe Foun_100 licriy 52 Preferred_ __100 55 Canada Cement 100• 675% 52 U 6 Casualty__100 165 51 65-15 Preferred _ _100 First National 92 Preferred_ _.._100 04 98 USFideldtGu(M) 50 d 134 AVitrified Prod 50 d 105% tn CanFdys&Forg 100 40 Cop ($3 75 pd)_5 80c. 85c U S Title Guar..100 100 45 110 103% Preferred ____100 Preferred ....._100 Franklin ___ _ _ _ __ 25 Westch dr Bronx Tit 25% Am W WdrElec 100 Goldfield Consol 1234 13 Can SS Lines_ 101 23 185 & Mtg Guar_100 175 First prof._..100 Preferred_ ___100 52 81 Mines 3 10 8 53 78 Partic pref_ _100 Granby Cons M 31 3234 CanadianCaratF100 INDUSTRIAL St 26 Preferred_ ...._100 54 &P 33% MISCELLANSOU S 65 Share. Amer Wholesale 100 34 Per 54% 65v, Corp, prof..... 100 Granite-El- Metalic 90 93 Can Con Rub....100 135 Adams Express.100 17y Am Wind Glass 8 Preferred_ 100 65 (St Louis)._ ___10 45c 40c. dv'ce-Rumely 100 175% Preferred_ _100 Canadin Explos.100 s 103 Greene-Cananea 100 3434 31 90 115 Pref 47% 47 100 Preferred .... 100 Am Wind Glass Hancock Cons.._25 3 eollan-Weber80 88 33. Mach 100 Can Locomotive100 83 Hollinger Mines.. _ r 9.65 9.75 Piano & Pian_100 76 Preferred ......100 Homestake Min 100 893% 65-- Preferred_ ...._100 60% 71 Preferred .._100 85 ‘ LT' A• m Wool(Mass)100 9234 93 Canton Co 100 Inspiration CODS Air Reduction_ _(t) d Li'-; Preferred 100 100 107% Copper 43% 20 445% jar Rubber___50 d 18 185% ___ Am Wringer 100 114% Island Cr'k Coal....1 113 Preferred __ _100 Preferred 94 95 1 ig A Am 114% • Thrchaser also pays accrued int. d Price per share, not percent. k Last sale. / Par value 5100. n Nominal, r Canadian price. s Sale price. t New stock. u Ex-stock. div. z Ex-div. y Ex-rights. t Without par value. a Price per cent of par value. INDUSTRIAL AND MISCELLANEOUS STOCKS JUNE, 19221 47 Stocks. Stocks. Par.1 Bid. Ask. Par Bid. Qsk. I Ask. Stocks. Par. Bid. Ask. Per share. Per Share. Per Share. Per share. Eagle Lock Havana Tob_ ...100 25 d 56 58 10c. 16 Caracas Sugar.._.,50 d 13 30c. Lehigh Val Coal Preferred........100 Eastern Steel __100 27 30 40 24 Carbon Steel_ _ _100 % 1% Sales - - - - - -50 d 7934 8034 let pref Hawaiian Cam 100 100 35 Leh & Wilkes1st prat & Sugar_ _25 d 4536 Easttn Kodak 100 Jim— Coal_ __ 50 d 100 29 24 2d pref , 46 - --87A New Com Carib Syndicate-25 d (t) dx 76 150 Libby, McNeil & 7634 Elelme (GW)Co100 145 Preferred _ _ _100 108 Preferred ___100 111 8 Carriage Fact_ _100 r 122% 10 d 14 2% 2% Edm's &Jones Car d 14 100 Elendee Mfg...._100 Libi y Mills_ _100 2234 Preferred_ L ,b 4 _ __ 18 75 80 Preferred_ ___100 Preferred _ ......100 78 83 Case(J I) Plow Wks 88 rer y Bur!a_t.10 0 115, _ _ 109 9234 Llbfaferred 1 00 534 ElecBd&Sh pf 101) 94% 5 9536 derculesPowder100 150 Com__ _ _(no par) d 154 106 100 Preferred.._ _100 Elec Stor Batt_ - (t) 27 44% _ 45 98 1st pref 100 Lig&MyersTob_100 172 173 8 Elgin Nat Watch__ 100 39 derr-H-MarSafe100 __ C nmmon B _ _ 100 172 41 50 2i1 Ord 17234 Elk H Coal Corp.50 d 21% Eiey_woodPr Iferred _ ._ _100 114 22 Case(J I) Thresh 116 Preferred 50 d 38 89 Wakefield Co 100 120 83 _ Liggett's Internet— Mach pref_ _100 40 Ely Walker Dry Preferred.......100 104 Case Lockwood & ii53- Common ____100 Goods ____ 100 12334 131 Brainard Co_100 250 Hock Val Prod_ 10 dn 2 Preferred 50 d 4 4 7 0 9% 50% 75 1st preferred_ 100 100 dolly Bug Co_ - (t) d 13 Celluloid Co_ _100 103 106 102 16 Lima Locom___100 1133 % 114 2d preferred...1007934 Preferred_ _ _ _100 103 Preferred_ ._..100 106 'referred .....l00 112 80 43 46 114 Emerson-Brant _100 Central Aguirre Lindsly Light.__10,d 4% 1134 FlolyokeWatPo.100 400 1034 5 Preferred.. _ ..10(l F-,6.,i LitirgerertheiTs 40 Sugar Cos..,....20 d 67% . o rec _ 10 d 27 43 _ Hood Rubber_ _ _(t) d 50 6034 0 7 8 Empire St & Ir_100 Central C & C_ _100 80 15 dooven Owens & 78 30 Preferred_ 100 . 100 Preferred 73 Rentschler pf 100 64 72 70 ()d 1634 95 Loew's Inc 16% Endicott-Johnson50 d 84% douston011 Ws 100 80% Loft Inc Cen Hutt Stbt pf100 80 (t) d 1334 133% Preferred.. .. 100 11034 112 Preferred aft' 100 Cent Leather.._100 9, 93% 47% 94 Loose Wilts Ble_1100000 107% 48% 733% Preferred _ _ _ _100 _F&A d 100 Div 95 7434 Eureka Pipe L_100 ist pref 98 q, 103 Fairbanks Co___25 d 17 136 oblig_Howe Scale pf _ _ 100 66-- 2d pref _ Cent Aug Corp-(t) a VI, 19 85 120 1st preferred_100 Preferred_ _ _ _100 4 40 Humble Oil & Ref.. 240 Taylor.. 60 105 2 0 245 Lo2rdl 2i1 p referred _ _ _ 2 tiupp Motor......10 d 20n Cent Teresa Sug 10 d 15 tat pref 30 20% 1135105„4 Fajado Sugar_100 Preferred _ _ 10 d 33 ) 70 dutch Sug Pltn_213 d 14% 4 pref eTf 100 75 72 15 90 ,1. - gV Famous-PlayersCert'n-teedProd (t) d 473-i hydraulic Pr Br100 Lorillsrd (P) 6% 1001 157 Lasky Corp--(t) d 85% 100 06 Preferred.. __ () 44 t let prof 0054: H ydraulic stee _100 86 _ __ 46 125 93 0 Preferted 100 100 86- 87 prof 9534 2d 'referr tee1..___50 d ens d 10 ) d 12% 12% Lukens e 20 Far ar Ship Tab Champion Coated Preferred ____100 Mac kndrewa & 52 Warehouse ....100 100 105 Paper Illinois Brick 100 Forbes 100 103 70 7- --1 106 let preferred _100 _ Preferred _ _ _100 100 Illinois Pipe L.._ 100• 173 Preferred ...... _100 178 96 100 •i5K i 2d preferred_ 100 74% Chandler Motor(t) Imperial Oil Nlacksy Cos.._ ..100 d 120 123 91 95 Fay & Egan com100 Chesebrough 30 prAfarred .. _100 16-- Imperial Tab of 67 68% Preferred_ _ _.100 Manufact'ng _100 200 205 Canada corn......5 d Mack Trucks Inc(t) 71 4 6 51 51% Federal Sug Refg 100 iO Preferred__ _ _100 110 112 Imperial Tobacco 1st preferred_100 105 86 87 Preferred.. _ _ _100 102 Chic Junc Rye & of G B & I 2d preferred_ _100 105 d 13% 13% 79% 80 stpd100 135 Fired t T & Rub_._10 d 68 Un St Yd 75 Iudepen Brew'g_50 d 2 2% Mag tollaPetrol.100 167 172 4'5— 6% pref 01 100 Preferred _ _ _ -100 50 d Preferred Mailinson(H It) (t) 95 9 21 21% 65 65% 7% preferred_100 Chic Pneu Tool_100 86 Independ Whse.100 n 90 Preferred 100 87 102 81 84% Fisher Body -(t) d 116 Chic fly Equip_100 121% tudiahoma Refg _ _5 d 4% 120 45% 4% Manati Sugar_ _100 46 Preferred.. _ _ 100 103 100 108 IliChilds Co Indiana Pipe L_ _50 d 96 Preferred .._100 109 75 98 77 FIshBotlyOhlopf100 Preferred._ _ 100 105 107 9734 98 Indian Ref corn _10 d 9% 9/s Manhat El Sup 100 , 55 60 Fisk Rubber corn 25 d 18 18 Cin Tob Wareh_100 18%, Preferred 65% 72% Manhat Shirt_ -_25 d 39 39% F• ord Mot of Canada 377 Cin Un Stk Yds.100 115 Ingersoll-Rand 100 148 Preferred _ .....100 100 378 158 110% 56 62 Foundation Co (t) d 55 City InvestIng_100 100 Preferred. 97 60 102 Mauls Leaf Mill100 129% 131 Franklin (IIII) Mfg 42 Preferred_ ---100 95 90 Steel_ _ _25 d 57% Inland Preferred 44 • 99% 100 58 Preferred 43 Cloy Cliffs Iron..100 92 I itercont Rub_100 lst pre 94 8% 8% 11.1 Corparesi-M ezze t1 _ 10 d 1?)6- - F• reeport Tex Co (t) d 213% Cleveland Stone 100 140 list Agr Car com100 22 10% 11% 56% Gair(Robt)Copf100 57 Cluott, PeabodylOo 98 Preferred.. __ _100 103 40% 41 !garland 011__ --(t) d 363 ' Preferred- _--100 56 98 Galena-Sig 011_100 00 Inter Button Hole 58 Pref (old) .....100 107 Coca-Cola (t) d 703 Cpvct _(f) d 18 % Marlin-or Et()ekw_e_11 Sew Machine _ 10 d 110 19% Prof (new)_ ...100 100 100 170 Collins Co In Cement Corp(t) d Martin-ParryCor(t) 104 34 34% Gaston Williams Colo Fuel & Ir_100 Mathrten Alkali _50 Int CombustEng(t) d 2534 333( 36 26 36% & Wigmore --(t) d 100 Preferred_ 120 _ _ Educationai Maxwell-Mot A100 % 713 72 % % list GeaAmTankCar(t) d 60 Colt's Patent Publish'g com_50 d Class B (no par)_ 1 64 223 % 1% 23 let preferred_100 3134 Fire Arms M-25 d 30% 9834 Preferred 50 d 8% 8% Maxwell Motctf 100 99 4% Gen Asph com_100 653% Col Graph Mfg_(t) d 4% let pref ctfs_ 100 list Harvester _ _10 1033% 104 66 Preferred_ .....100 102 17 1734 Preferred _ .._..100 10 2d pref_100 Prot 111 104 113 Gen Baking.......100 101 Comput-Tabuiat & 102 let Mer Marine.100 2434 2434 May (The) Dept 69y, Preferred_ _ __IOU 104 Recording Co_(t) d 60 100 Preferred _ StoresCo com 100 118 84% 109 84% 119 1334 Gen Cig com_100 par) d 11% Conley Foil 753% 25 d 18 Preferred ...._100 110 _ 763% Inter Nickel 116 183-1 Preferred_ ___106 100 25 23 Consol Car eat 100 ereferred__100 106 79 84 McCrory Stores100 70 75 3234Deb Pref ____100 10134 10234 I tor Paper ___ _100 Cons Cigar (t) d 31 Preferred ..___100 52% 52% 102 07 72 General Electric100 165 Preferred .. 100 70 Preferred_ ...100 Mengel Co 100 85 39 166 95 40 Gen Fireproot'g.100 ConsCoalof&LAO° 65 71 Pref stamped__ 100 125 73 70 135 703% vlerc Stores oy t Preferred.. ___100 Cousol Distrib (t) d 95 25% gerg Linotype_100 154 96% iternat Petrol- (t) d 2534 155 33 Gen Motors(no par) d 1436 Cons Ice(PIttsb_50 d 3 100 gerritt Oil _____10 d 1234 61 64 143/ 1 tier Salt 1234 Preferred 81 50 d _ 243( Preferred 100 gex Eagle Oil ___5 d 15 20 30 8234. I iter Silver.. 1634 13 Deb 6% stk_100 Consol. Texttle..(t) d 12% 8134 100 Preferred_ gexicam Petrol_100 139 96 82 99 13936 Deb 7% stk_10 100 194 y, Cons Coal of Md 100 0 86 863% 27 Preferred...... _100 95 I it Text Book 100 69% 7191 90 9 Gen Petrol Consumers C0_100 8 li ____ I irincible Oil_ _50 d 31u 18% \Celt Limest&Chu cci lz 18% 22 Preferred_ 72 100 Preferred ...._ _100 70 n I , Prod Corp_(t) 9934 Preferred22 32 6734 Gen fly Signal_100 Continental Cau100 55 6034 Preferred _ _ _100 Mid States 011_11 d 15 oo 90 15% Preferred_ 100 Preferred ..___100 10334 70 gitivale St & Ord 50 d 4134 80 IrJu steambt Co.10 d -L.-8 41% - Gen Tire & Rub 100 210 Coat Candy.. (t) d --__ I ti'd 011 & Trans 10 d 1 %I Miller Rubber 100 1N 75 -giA Preferred 100 Continental Mot.10 d 834 92 Preferred _ _ _ _100 90 100 J tMontgomery 100 100 90 6F ) . 93 GilletteSat tyRaz(t) d 210 Preferred.._ _100 00 Preferred__ ..100 103 Mitchell Motors (t) d 5% 215 106 6 147 Gilliland 011 pf_ NO Continental 011..100 144 55 106 d 21 70 J el Tea 21 q,, Mohawk Rubb_ 100 85 95 1023% Glen Alden Coal-(t) d _ Corn Prod Refg.100 102 100 Preferred_ Moline Plow 1st 7234 73 Glidden Co (no Preferred _ _ _100 114 115 pref 100 lox / 1 6 j.i3-3 J linson Tin Foil 8 447% U1Obe- WenaCkepar) d 02 Cosden & Co com(t) d 4434 106 100 4.„4 Montgomery Ward t Metal 85 98 95 47/s Preferred .._ _100 Preferred 8d Co, common -(t) d 233 09 45 J )nes Bros Tea_100 100 24 % Glodch'x Sug Inc(t)d 16 Cramp (Wm) & Preferred .... _ _100 J tacos Cent Sug100 19 30 ____ 896 ioo Preferred.. _ _ _100 d 70 SonsSh&EB1(1100 __ gorse Twist Drill K C Stk Yds of Me 80 Goodrich (BF) (t) d 4334 .)7 Vot trust ctts___ 3 55- Common_ ....100 53 & Machinery__50 d 139 56 43% Preferred.. _ _ _100 Crescent Pipe L 80 d 34 35 100 Preferred _ Niullins Body --(t) d 30 8434 64 90 67 -5 Goodyear Tire & Crex Carpet_ _ _100 44 34 Preferred__ _100 K sots & Gulf Co..10 d 5 47s / Rubber com _100 Crock-Wheeler_ 100 60 13 50 K tyser(Jul)&Co100 •4234 Nash Motors p1...... 166-- 1K-4234 133% Preferred _ _ _100 Preferred_ ___100 100 95 383/, lot preferred_100 102 Nash Waren&E1100 103 20 23 3934 Prior pref.._ _ _100 3 Crucible Steel_ ..100 75 74% 7:3 Nat Acme Co___50 d 19 75 K 20 Goodyear T & It of Preferred_ _ _ _100 05 28 d 513( 94 Lire corn 5134 Nat Biscuit.._..100 14334 146 Canada ,pref_ _100 Cuba Cane Sugar(t) 1736 75 17 3% preferred_100 107 100 117 10734 Preferred_ 11834 Preferred _ _ _ _100 36 Gorham Mfg pf 100 355 s 50 i%cutn pret _100 86 / Nat Candy... 100 104 833.4 0 62% 60 25 y, Cuban-Am Sug..10 2534 Gorton-Pevaish_50 d Kelsey Wheel__100 101 1st pref 105 Preferred.. Preferred_ --.100 92 100 1_ ___100 100 Preferred_ 01 _ 2d pref 100 104 02 o -iCudahy Pack....100 63 Grasselli Chem_ 100 64 _30 Nat.Cloak&Sult100 1:1134 Kentucky Wag_100 25 42 4134 Preferred Cumberl Pipe L 100 135 100 10334 101 145 Keyst Tire & It_10 a Preferred _ _ _ _100 86 213% 89 60 Gray & Davis Cupev Sug com_100 d 17 40 Kirby Lumber_100 52 Nat Couduit&C-(t) d 19 23% 55 3 70 Gray & Dudiey_100 Preferred_ _ __100 Preferred.. ___100 125 85 50 90 NatEnam&Stpg 100 130 47 48 Gt A& P Tea pf 100 x 101 D H Holmes Ltd100 212 K)lb Bakery pf_100 103 Preferred.. _ —.100 92 94 Great LakesTow 100 Davis C & C....100 64 5234, Kresge(SS)Co.100 139 141-- Nat Fire-Proofg50 d 95% 100 8 8% Preferred _ IOC Davison Chem--(t) d 59 5936 86 Preferred_ _100 108 88 Preferred 50 d 19 4 , 20 Deere & Co pref 100 85 Great West Sug_ 100 235 K toss(BM& Co100 7734 255 80 166-- Nat Lead 96 Preferred .. _ _100 103 D L & W Coal_ _ _50 d 96 98 Preferred_ ......100 106 110 Preferred 100 1093% 111 120 Diamond Match100 115 118 GuantanamoSug(t) d 123% 2 -10 d 77 7734 Nat Leather 1234 Llckawanna St_100 Preferred Dixon (J) Cruc____ 135 137 83 L tiie Sup Corp_100 85 N o stock___10 d 834 1134 1134 Natewn Gulf Oil Corp Dodge Mfg prof 100 615 10 d 630 L ike of the Woods Dominion Bdge.100 r G• ulf States Stee1100 100 164 83 riffling 84 10 d __ _ _ 3 let pref tr ctf.100 Dom Coal pref_100 r 74% Preferred_ ......100 109 983% _ Nat _ __at Ref corn-- 25 d 4934 Dominion Glass 100 r 66 67-- H• abishaw Electric L elders, Frary Preferred ____100 121 Preferred_ ___100 r 05 25 d 5334 /s 7 9534 2 it Clark Nat Sugar Refg_100 145 53 Kilburn lft0 d1:4% ) Dorn I & S pref_100 r 75 ) 1 7A L suet Monotype100 6 Nat'l Transit 12.50 d 29 77 78 DomStCorpcom 100 r 343% Preferred..--.100 5 28 Natomas Co of Cal L turentide Co_ 100 r 86 87 Preferred -- --100 r HallSwitch&Sig 100 L3et4ah & Tire (t) d 333% 3 6 -63% 3331 preferred ____100 Preferred ...._b00 duPont (E I) de 5 10 1 h Coal & Nav_50 d 73 753% New Departure Harb-Walk Ref _100 s 10034 s101 N & Co com_100 118 120 100 100 0 Mfg pref__ _ _10 Preferred......100 Debont stk._100 823/ 85 __ 8101 N J Zinc 144 14436 Hartman Corp_ 100 Durham Hosiery.50 d 203. 37 8734 88 New No A rizl Bart, Schaffner Preferred-- —100 92 exicoand_ _1 s 234 na L & s3 & Marx 100 75 76 78 N Y Air Brake_100 79 Preferred ... _ _100 106 Hask& Bark Car_(t) Mocks, Par. Bid. 63% ia-- iiii, a Purchaser also pays accrued dividend. h Assessment paid. d Price per share, not per cent. k Last sale. n Nominal. price. a Salo price. t New stock, is Ex-cash and stock dividend. x Ex-dividend. y Ex-rights. t Without par value. rCanadian 48 INDUST. AND MISCEL. STOCKS:RUNIC. BONDS Stocks. Par Bid. Ask. Stocks. Pas Bid. Ask. I Stocks. Par 4.1M ANA Ask. [Vol,. 114. Stocks. Par. - Bid. -Ask. Per share. Per share. Per Share Per Share. 393/i Proc & Gamble_ _20 d 129 100 N Y Dock 39 130 Stand 011 of NJ_25 d 192 194 U S Print & Lilho 04 1 Preferred_ _ IOC 63 Preferred _...100 1533/i 65 Preferred _ _ _ ..100 1143% 1143% common ____100 28 32 N Y Shipbldg_ (t) 20 21% 6% pref 100 104 1053 Stand Oil ofNY100 420 1st pref 425 100 86 88 N Y Transit_ _ 100 173 178 Prod & Ref Corp.50 a 46% 463% Stand 011 (Ohio)100 460 2nd pref__ _ 100 470 40 42 al Nicholson File..100 163 Preferred 170 Preferred 50 d 44 47 100 116 118 US Realty & Im100 70 70% Niles-Bem-P'd _10C 51 53 Pullman Co.....10( 1213/i 122 Stand San1t Mfg100 U S Rubber_. ..100 643% 65 3 Preferred_ 100 80 90 Punta Alegre Sug50 d 45% Preferred _ __100 21% 106% 1st preferred_1060 (di 1445 453% m, 0 05 Nor CIL W Stboat100 185 ____ Pure 011 Co 25 d 32% % 323 Standard Screw 100 North Amer Co_100 66% 67 Preferred ____100 78 Preferred A..100 101 79 : _ _ : Preferred __ _ _ 1 : -- U SSm R efjc M ID '46% 3 Preferred 50 Stanley Works 25 di 49% 44% 8% pref 100 1003/i 101 443% U S Stamr ing 100 51 k 150 N.A.Pulp & Pap.t 2% 3 Quaker Oats 100 175 Preferred 185 25 d 28 30 U S Steel Corp..100 1(5() 100% North & Judd 28 49% 52 Preferred 100 96 s To racico______100 d 110 m 119% 963% Steel Co of Can_100 r I 74% 7_4 U u Preferb ec ._ (t 5 ) Northern Pipe L100 107 109 By Stl-Spring_100 103 Preferred __100 1043/8 Nova Sc St az C.100 36 Preferred _ 100 111 113 Steel Tube 14_100 r]'973%Preferred ..__ _100 108 3531 85% 109 Preferred_ _ _ _ 10e Rainier MotCorp(t) 10 Sterling Prod__(t) d 483% 128 483% Uniy Leaf Tob 100 125 Nunnally Co__(t) Preferred __ _100 103 11 3 78 Stern Bros nref_loe 105 Preferred 102 100 101 104 Ogilvie Fl Mills..100 235 Reece ButtonStetson (J B)__.100 s 323 Vacuum 011_100 105 107 Preferred _ _ 100 111 Hole Machine le d 14 Preferred. _ _ _ 100 Vanadium Corp_(t) a 503% -- ----- k 135 50% Ohio Body & BIM) 11% y; H- ReeceFold Mach 1( a 23% 3 Stew-War Speed (t) d 4845% Vandalia Coal 10 0 92 -100 1 Ohio Fuel Oil_ 1 18% 193/s Rels(Robt)&Co (t) d 17 18 Stromberg-Calrs 25 d 65 Preferred 100 7 12 2F, 308 Ohio Oil 1st preferred.100 312 Stromberg Carb(t) a 55% 65 88-- Van Raalte Co,, MI Okla Prod dr Ref _ 3 StudebakerCorp100 d 123m 123% 33 Remington Typew12% 95 Old Domin SS_ 100 78Common 100 35 Preferred . __Ex) 36 Victor Talk M.100 ist Pret 113 Orpheum Circult_l 19% §6-1st pref 75 10C Stutz Motor Car(t) 65 Va-Caro Chem_100 31 3134 Preferred ..__100 1st pf ser 8_100 Submarine Boat (t) d 6 100 -6-. -' ! Preferred , 68 69 Otis Elevator_100 1310( 8- 6--- Superior Oil.....(t) d 7y Va Iron,C & C_100 5 93%, 2d Auer • -0 7 8 56 57 Preferred_ _ 100 Reo Motor Car_1( d 263% 263% Superior Steel.. 100 72 75 Otis Steel_ _ _ _(t) il 14% Replogle Steel_ (t) d 353% 15 First pref _ 10C 353% u, 35% 95q v.PVriervaeurdreod inc(t) a 12 94% 3 12% 1st preferred_ 100 773/ Swan & Finch me 653 Repub I & Stee1.10( 78 33 623.. Vulcan Detin 100 30 0 12 Owens Bottle_ 25 a 37 373%;I Preferred _ 10( 33% 95 Preferred .....100 953% Sweets Co ofAmer10 a 33% 40 50 Preferred _ __le(' 101 Repub Motor Trt+' d 12 12% 'Swift & Co___100 d 103 .1033% Waltham WatchlOC 10 10% to( Pac Coast Co__ 12 19 , Reynolds Spring (t) 45 45% Swift Internat_15 d 2±)%_ 20%, Preferred . 1CC 41 44 1st pref 100 37 50 I Reynolds (It J) Swinehart T&R.100 30iWard errk.c_o_m 100 105 prefBa ed 0 25 130 2d pref 100 2f a 65 19 30 ari Tobacco Temtor Corn 75 & 107 Pacific Develop 50 8% 9 I B Corn 25 d 46M Fruit Prod A-(t) a 134 463 % 23% Warwick I & St-10 d 73% Pacific Mail SS.100 a 14% 153%! Prefernd _100 112% 114 Class B 25c. Washburn Wire 100 300 (t) d 15c. 3i) (--Pacific Oil (no par) a 64% 64% Rome Brass&C100 115 TexasCompany _25 d 49 110 493%i Preferred _ 100 105 Packard Motor_ _10 a 15" 15% Rome Mfg 100 166TexP'cCoal&011.. 1( d 30% Washington 011_10 a 20 30 Preferred.. 100 Royal BakPow 100 105 90 Tex Gulf Sulp 893 10 d 47% 110 I'M Wash Market__ 50 d 30 __-Pairpont Corp_ 101 Preferred 160 Textile Bank'g_100 n 115 100 93 96 120 I Weber & Hellb _(t) d 14 1434 Pan Am Petrol Royal DutchCoNY d 63% 63% Tide Water 011_100 1293% 1303% WelisFargo&Co 101 76 7634 & Trans com_ 5( 71 713.. Saco-Loa ell Co_ 100 1363 140% Tobacco Prod.... 100 10 81 C 81% Welsb'cliCo cora100 dn 45 50 50 Corn class B._ 5( Preferred 643% 100 97 Preferred ._ _100 104 West India &tor 100 643 106 Panhandle P. & RI 8% Safety CarHatL100 8 72 Torrington C o 25 a 24% Finan 76 76 d 78 100 Preferred._ 100 60 79 St L Cot Comp..100 _ WePsrteefrenrrEe,ile_c_p_f0 Preferred ....28 _ sv _ 11000 65' Paragon Befg_ _ _ 25 d 169/i Transcontl 163 St L Rocky Mt & (V d 18% -1. 109% 109 Preferred 100 Pacific Co 95 100 Transue & Williams 30 35 WestingAirBr'ke 5, la 93Y 94% Parish&Bingham ..t 15 15A Preferred Steel Form_ _ (t) d 40% 100 50 60 423/ West'hseEldcMf.a0 a 6234 2 62% PeckStow&WIlc 25 28 29 SantaCecillaSug (t) d Troy Fdy & Mach_ 5 weatmpryd lst or f 3 73 3.4 Peerless Trk & M 50 50% 51 Preferred 100 14 Preferred _ _ _100 17 50 Coal_ 8,( 68 P d 6 00 1 70 PennCoal&Coke 50 32 34 Sapulpa Refg___5 d 4% 43%, Underw Typew_ 135 1523,4 W Va PulpecPap (t) d 42 47 Penn Salt Mfg__50 d 723% 73% Savage Arms 100 18% Preferred -..100 112 19 Weym-Brut Co. -S ee U S Tobac 120 PennSeab'eSteel (t) a 123 123/ Say Itiy Lum pt 100 8 8 Un B&P Corp.. 100 10 Wheeling a!olci(t Fdy p 66% a ) 67 58 Penn Traffic 2% Savan'h Sug com(t) d 35 Un Carb & Carb (t) d 5734 36 common 26 d 24 Penn-Mex Fuel_ 25 d 38 42-Preferred Union 011 of Del(t) d 23 100 85 87 Preferred .50 d 70 233/4 Penney(JC)pref100 33% Union 011 of Cal 100 188% 190 Saxon Mot Cor 96 100 d Wheel SteelCorp100 33.. t15-65 Pettit) Mulliken 100 Schulte Retail St(t) d 36 38 Un St YdsSo 0m10C Preferred A.._100 95 100 117 1st preferred.100 Scovill Mfg__ _10o 340 Union Tank CarlOC 100 350 Preferred B. 100 122-- 124 101 Phelps -Dodge..100 175 188- Sears, Roebuck Preferred__ __NC 105% 106 White Eagle Oil Phila Insul Wire (t) d 35% 36% & Co corn Ha United Alloy Steel • d 37% 79 783% 26% & It 383.4 Phillip.-J Corp (t) d 81% 86 Preferred _ 10( 105% 10634 Untd Cig Stores White Motor__ ...5)a 45P (0 l 28 i 48% 3 Preferred 100 d 89 90 Shell Transp & Tr £2 d 43% 4434 of Am core_ 101 105 White 011 165 10 (t) d 9A Phillips Petrol __(t) d 55% 56 Shredded Wheat 100 _ Preferred. Wickwire-Spencer z 106 114 Pierce-Arrow Mot Preferred _ United D 100 Steel Corp_ 0( 78% . d 1834 8 19 783% Car Corp(no par) d 19 19 Sinclair Cons 011(t) d 36 3634 1st pref------SC Wings-Overland 2! a 93-4 46% 47 Preferred 100 38 38 8 Singer Mfg. , ..._100 95 97 United Dyewood100 35 Preferred_ 40 93 100 470 47 Pierce 011 Corp 28 d 10 Singer Mfg Ltd__ £1 d 2 3 Preferred 100 67% 45A 45 673% Wilson&Co vtc.10( Preferred...... 100 53% Sloss-Sheff S&I_1130 55 50 48 United Fruit_ _100 141 Preferred _ _101 142 87 84 Piggly Wiggly Sts_ _ Preferred __.100 47 47A 77 Untd PaperB'd_10C 81 16% 20 193% Winchester Co_ 10( 10 Preferred 81 85 Smyth Mfg Co_ 100 190 Preferred 100 1st preferred_ 10( s 763% 66 58 Pittsb Brewing 51. d 2% Solar Refining_ 10C 360 370 Untd Ret Store_(I) d 673% 2d preferred_100 673% 23 18 Preferred . 50• 5A Southern Pipe L100 99 97 UntdShMachCor 28 d 41 413% Woods Mfg 100 r 58 66 64 Pitts Coal (Pa) .100 643- South Penn 011.100 228 232 Preferred _2P d 263% Preferred...... 100 r 27 Preferred _ _ _ 100 95% U S Bob & Shirt 100 114 54 953 SoPortoRicoSug 100 533-i 120 Woodward Iron.10t 40 35 Pittsb P1 Glass..100 159 161 Preferred . _ 100 90 Preferred 89 _100 95__ _ _ 100 62 65 Pittsb Steel pf _ 100 95 98 S'west Pa P L_ 100 USCastIP&Fdy 10( 63 65 _33y, 5, -- Woolw'th(FW)_ 10( 159 1 160 Plant(TG) pref 100 a 80 Spicer Mfg Co__(t) d 19% Preferred _ 10( 71 69 Preferred _ _ _10( 119 193% 121 Plimpton alfeCo100 1613-1st pref 101 86 8934 U S Envelope...10( 138 1423% Worthington Pumr Por-RicavATob 100 55 59 Stafford Co pf _ _100 90 97 Preferred _ _10( 1073% 10934 de Mach•t 43_10( 54% 5434 _ d 65 Scrip 75 Stand Coupler_ 10( U S Express.... lot 7 Pref A•t c_10( 923% 63% 94 Post Cereal corn-(t) • 80% 813' Preferred ...100 U S Finishing__ 10( 70 80 Pret B•t c 10( 77 81% Preferred _ _ _ _100 107 1073 Stand laiilling_10( 122 126 Preferred _ _ _ 101 Wright Areon (t) d 83-4 95 90 9 Prairie 011&Gas100 635 645 Preferred 10( 91 95 U S Food Prod_ 10( Yale & Towne_10( 305 315 774 Prairie Pipe L..100 252 255 Stand 011 (Cal)__25 d 1163% 11634 U S 101 Young (J 5)Co.10 69 70 Pratt&Whit pf _100 85 Stand 011(Ind)_.25 d 119%, 1193% U S Hoffman Ma73% Preferred _ _.10, 105 106 PressedSteelCar 100 79% 80 Stand 011(Kan) 10( 565 575 chinery 25341 Youngstown Shee (t) d 25 Preferred _ 100 98% 100 Stand Oil(Ky)25 d 100 101 US ind Alcormi Iu 57 573%' az 70 Tube._..-U a 68 Stand Oil(N eb) 10( 185 Preferred _10' 195 94 Preferred 107% 10 d 106 983% U la Play Card_ 2 d 74% 75 b Assessment paid. d Price per share, not per cent. k Last sale. n Nominal. r Canadian price. s Sale price. t New stock. and stock dividend. it Ex-stock dividend. x Ex-dividend. a Ex-rights. t Without par value. u Ex-cash• UNITED STATES AND MUNICIPAL BONDS • • • In State and municipal bonds the custom has always been to quote them "and interest." That is, the accrued Interest must in all cases be added on. There are a very few instances which form exceptions to the rule-that is, where the prices given are flat prices,the accrued interest having been taken into account in making them. These are indicated by a special mark, thus (I). The figures in the column "to net" indicate the basis on which the securities sell or the interest rate which the securities is held to maturity will net to the purchaser at the present market price. Bonds. Bid. To Ask. Net. UNITED STATES -Se e also pagel6 3s Pan Can Nov 1938__Q-F 1023% 1033 ___ % 3s Panama Canal 1961_Q-M 89 ___ 93 3s Conversions 1946 -47__Q-J 89 ___ 93 U 8 Cite of indebtedness...... /3.40 3.16% ___ Instrumentalities of U-S Gov tSed F'm L 43%s '37_Maila 99 100 -_Yed F'm Loan eis'38_ M&N 100 10 % ___ Fed F'm L'u 5s'41_M&N 104 104% ___ Fed Land Bk 4%3'42 NUN 100 1003% ___ Perm Loan bonds issued byFirst Jt Stk Ld Bk,Chic Si 1937 M&N 10234 1033% U. M. Possessions -See Fore un Go Vt. D 49 b Basis. f Flat price. n Nominal. Bonds. Bid. To Ask. Net. To. Bonds. ALABAMA Jefferson Co-Se 1949 4343 Renewal 1950 4.40 4s July 1 1931_ _J&J 4s reaewal Cl C 19156___JdcJ 43-4S Rosnital 1963 -J&J 4.35 3%s renewal Jan 1956__J&J 4.35 Mo lie -56' School '43...T&D Birmingham (Is ref '23_ F&A ____ ______ 4.70 53 Sewer Nov 1 1942_M&N 7s June 6 1931 J&D6 53 Dock Nov 1 1947_M&N 5 b%s March 11927._ M&S .. ___ _ _____ 4.85 bs Refunding 1949...allacS 5s School Apr 1 1950_A&O 4.60 4s Refunding: 1937_A&O 53 School 1934 J&J 4.70 434s Water & Sew '39_J&J 5s FundI8ep 20 '41 --M&S 4.60 Mobile Co 5s ref 1928_ M&S 53 Road Feb 1932......F&A 5s Nov 1 1947_ _M&N 4s C H & Jail 1926 _ _J&J --- Bid. Ask. Net 4.75 4.75 4.65 4.80 4.80 4.80 4.80 4.80 4.80 5 5 4.85 5 .TUNE, 1922.] STATE AND MUNICIPAL BONDS 49 'To To Bid. Ask. Vet Bonds Ask. Net. Bid. Bonds . Ask. Net. Bid. Bonds i 9534 '22-'25_J&J b 4.15 to 4.2.5,% Italian Gov 6308erA'25F&A 95 5 1924- _J&J Meriden(T) 45 '23-'35M&N b 4.15' to 4.25!% , 5% Int 1928-1941____J&Ju$4134 $4134 -_-_5 J Os Jan 1 1951 5% Treasury notes 1925__ 52 53 1 '4.05 Middletown (T) 354s'2.1.J.a.J J&J 5s Paving 1923 Japanese Government14 *4s RR Aid Ref 1030..F&A 4.80 J&J 311 Funding 1940 434s i'25 opt'10__F&Albc 9034 9134 _ 4.45 M&N 4.80 New Britain(C)3345'32.J&J 1950 55 Nov 1 434s E 1925 opt 1910(2d 4.45 45 Munic Bldg 1948__J&J 5 I Ois Water 1928-- _..A&O series) J&J 10c 89% 90%1 _ 4.45 4345 Water Aug '41_ F&A 4.75 4345 Sch WW&Sew'44J&J 72 I -45 £'54 opt '10_J 30 & D311 70 4348 Sch Aug '22-'43_ Fdt A b 4.50 to 4.40,% 4.90 -55'35_A&O ' kfitontgom y Co opt aft'21.J&J c 77 77341 -_-_45 ZJan'31 14.45 4345 Soh Aug 1929 F&A 5 100 talma-55 '27 opt '10_M&N 106 Newfound 6345 '36J&D 30 105 -'35A&O 0 4.30 to 4.25% 5.25 New Hav(C)3345'25 3 r.Aamter Co 55 1950_-- F&A Netherrds tat Os 1972_ M&S 97% 9734 _-_45 Sewerage 1923-29_A&O b 4.30 to 4.25 % ARIZONA 4.25 Norway 8% ext 1940_ A&O 11054 111 I 4345 Paving Mar 1936M&S 4.40 43e ref Apr'38 op'28 J&.115 4 . Paris-Lyons-Medit.-See Steam It R page 35 0434s Paving Aug '37 FAtit County S D No 1 ilaricopa .1Philippine Islands Mar *4%s Mch15'27,'35M&S15 b 4.05 to 4% .. 5 /S8 march 192a I .1 534s Imp Sept 1950 _Q-M 10454 '41 A&O b 4.05 to 4% 50'36,'37.'39,'40, 65 Highway '47-'51_J&J15 Is g L Pur '34 opt'14_Q-F b 5.25 1 55 July 1 1924-1951__J&J b 4.05 to 4% 4.75 raoenix 430 1950 op'30J&J 4..75 4 75 (.-413P Wks & Imp 1935.Q-M 05.25 1 J&J 4.75 New Haven (Town) as Jan 1 1946 4.75 n 48 Impt 1935 opt '16_ F&A 05.25 03345 AirLRR '22-'29 J&J b 4.10 to 4.05 % 1 4.75 55 School March 1933__ _ J 5 to b4.0o . 0 4.25 Porto Rico 434s '31-'34_JE 04.50 . 4 10 4.75 New Lon 334s \Vat '26_J&J Jan 1 1954 opt 1934J& is 4s Munic Bldg 1933_ A&O 4.75 Is W W 1923-1950-J&J is 1937-1041950___J&J 04.50 to 4.10„ 4tJan 1 1944-0 25 4..25 J&J 430 Park July 1942 __J&J 5.25 riescott-59 1948 48 gold 1922-1960____JdtJb 4.50 to 4.10 % 4.25 15 Norwalk (C) 334s 1929_J&J 1950..J&J Vucson-55 Water 48 Road 1027 1930_ J&J b 4.50 to 4.10 % 4.25 45 Ref Sewer '27-'28_ _J&J 5 tAs W Mar 10'38 MitS10 043.55 Irnprovt '22-'39 J&J b 4.10 to 4.05.% , Queensland (State of) Australia ARKANSAS % Ext 75 Oct 1 1941___A&O 1093 111 7 4.25 Norwalk(T) 434s '42__J&D rs Smith-Ss 1926,......A& Norwich-354s 1925_ __J&D b 4.30 to 4.20 g„ .1 Ext g 6sFeb 151947 F&A15 10154 102 1922-1926_ M& 7 as W W ;Rio Grande Do Sul (State) 40 Gas & Elec 1931. _ A&O b 4.30 to 4.20 % 111 Francis Lev D 6a '47_J b5%7 to 5%i% J&J 4348 Water Mar '39 M&S 0 4.30. to 4.20'% ; Brazil ext s f 8s Oct 1946_ 10134 102 to 534 % 530 1945-1904 22 J&J b5%% to 5%, 7 430 Refunding 1938 A&O b 4.30 to 4.20 04 ; Russian 6345June 18'19 Jda 18 0 530 1950-1969 5 4 61% Int Loan '26_ FatA14 J&J 65%% to 531,% 1929 Putnaing) 4345 '23-'46A&O b 4.30 to 4.25 % ON 1949 out 22 5% Est Ln Dee'21_J&D 18 4.25 CALIFORNIA 434s Water 1922-27_F&Ab 4.25 San aulo (Brazil) State of 434s Water 1928&'30F&A '27-'37_ - _J&J3 b 4.40 to 4.201% 43(8 Highw 8% externalioan 1936.J&J 103% 104 Stamford (C) 4s. 1042_ M&N ybldgJan5'23-65J&J b 4.30 to 4.10 7 93u 425 Seine, Dep of (France) j&j 93 s Highw 1936-48--J&J 3 b 4.30 to 4.10 % Starnford(T) 4348'23-'45.J&J b 4.50 to 4.40 %, Exg 34 1 ut 4 14.15 'Stratford Os 1922-31_M&S b 4.30 to 4.40 % •arb Imp 1985 op'50_J&J J&D15 101% 102 i Swedish 65 1939 Torrington *534s '30-'35J&J b 4.25 July 3'22-'61_J&J b 4.30 to 4.15 % la Highw Switzerland-5As 1929 F&A 101% 102 .53413 Fund 1936-41_ J&J-b 4.25 to 4% 4.35 0 alameda-45 '22 to '41..J&D J&J 117% 118 S F gold 85 1940 4.25 4.35 Waterbury335Sch'23-32J&J 434s Mun Imp '23 '48A&O 4.25 United States of Mexico45 Park July '22-'58 _J&J 4.40 Bakersfield 55 1922-52_A&O 53 '3 -Ja E7t Ln R g xs 1942ef '45_Qr ez ig c t44 1942-1951_,Lka 4343 City Hall '24-'63_J&J 4.25 4.35 Berkley 55 45 gold 1954 04 4.35 ' 4s Water '49-'93__J&J b 4.05 to 4% 55 School t923-195&. J&J 4.25 Uruguay 8s ext 1946 F&A 108 8 10834i Windsor 65 1922-26 _J&J Ang-4345'22-'51_ _J&D 4.40 Los 4.25 FOREIGN CITIES. &a. 4.40 West Hartf'd 434s 1943.J&D Is W ann 1922 to'45 M&N ixasterdam(City)Hollan.17% I DELAWARE Water '22 to'41.A&O 4.40 % int red beg Mar '22 M&N/ $400 $420i ___ 4.25 4.40 35 Dec 1 1927 opt '02_ Jac() Sch 1922 to '44_J&I) 454s Highway 1960_ _J&J 4.15 Bergen (City) Norway&A 4.40 1926-'61__F 55 M&N 10934 110%1 S f g 8s 1945 103 New Jan 1 104 J&J 103 4.45 434scastiec961 54sHarbIrnp'22-'61 M & N 4.55 Berne (City) Switzerland s'26-34J&D Dos Angeles City S DM&N 1123% 1133% c 8 f 8s ( 15 0 40rdesIix194ty )69 4:55 48 Ref Dec '22 to '24_J&D 4.50 4.45 530 Nov 1922-34__M&N '34_ M& N 86 863% J&J 5349 1924-1928 4.45 530 Nov 1935-60__M&N 4.50 Buenos Aires, Argentine Rep J&J 5348 1936-1944 4.40 Los Ang Co 434s'23-'49 F&A 75 Guar 53 of 1909-1946 £J&J.f 73 4.40 Wilm'gton-4345'28-'37A&O b 4.40 to 4 Oakland-5345 '23-'43_F&A '11 4.40 4348131dg-00u 53-62 M&S b 4.40 to 434 ; ltiristiania (Norway) A&O 110 Mun Imp '22-'43F&A 111 Sink fund g 8s 1945_ 4.3 St & Sew Apr '25_A&O 0 4.60 to 4.30 4.40 434. Sob &cJne'22-'51.J& L. 84 lipantiagen 4s of 1901.M&N 1 80 Os (A & 0) 1947-49_A&O b 4.40 to 4.15 % 4.40 Oakland S D 45 '22-'44_J&J 9254 Sts Manic. Ext. '44.J&J 92 01ST OF COLUMBIA 4.40 Orange Co as 1923-45__M&t. 100_ _ _ Wilda Cons Munielpal Loan97 454 3.655 Fund curr 1924__F&A Pasadena-4s Jan'23-'42J&J 12 1111 11 A_ F&A 1 11. 4% s t est '46 Ser FLORIDA 454 430 Wat Pitt'22-'36_Aat0 Series B 4.75 4.40 Dade Co 5s Oct 1947-54 Redlands-55 1922-51.. J&J 95 95 0 9 in 9 Q Q: 4.40 Duval Co 5345'32 op'12M&PI 53% tarias -lit Os 1939_Riverside 55 1922-53___J&D 31 Os Os Armory 1944 4.75 4.40 J&.' Riverside Co 5s '25-'54 M&N 86% , .araus (City) 61 1934_5(&N 86 4.40 Everglades Drainage Dist opt Sacramento 45Jan'23-'45 8634 10044rislilis(Citvl 84'34 M&N 80 , 97 68 4.40 _MA' 430 Sew & Dr '27-'34 J&J (City), Brazil - Porto Alegre 109 Os 1933 to 1941 J&J 100 4.40 eacram'to Co 4345'22-46J&0 J&D 10134 102 : 5- i3 S f 8s, 1961 4.50 Hainiaon Co 53 Feu SanDlego 55 WW 122-'54Aar0 5,75 ho 413 Jaueiro4.50 Hernando Co Os 1944__J&J Ss Water 1934-53____F&A 10334 4 F 8s Oct 1 1948.....A&O 103 4.60 4.50 Jacksonv 58 May 15'24.M&N 4 AaWh at FIar '23-'52J.41 Ext s f 85 1947 w 1___A&0 10334 1033% 4.60 38 Improvt Jan 1 '36_ _J&J 4.40 tianFrancisco 55 g'22-'55 J&J ,• Oct 1 ser 1923 3, Waal 993-4 10034 ,4.60 F&A kis Feb 1937., 4.40 5a Munic 1922-1900.. J&J 77 7734 _ -iAtif loan of 1909-34.£1&D I 5 i 4.40 Jacksonv SDNo 155 Apr '45 4345 Water 1924-29 J&J 5.50 4i Juan (City of) Porto Rico 4.40 Key West 55 3445 g July 1 '22-'44 J&J 101 1923 36 J&J 99 li Rot at Imp 5.15 4.40 Miami 55 1922-1944____J&J tianJoaquinCo 55'22-'49 J&J 5.25 It i Paulo (City), Brazil J&D 65 School 1940 4.40 San Mateo Co 58'22-'42.J&J 0 i "7 En s f 1943_ M&N 5.50 Orange County 55 1944_J&J Santa Barbara-5a gold Sell 103% -_-_-_ 11 183 Et a f 8s, 1952 5.15 10 4.35 Pensacola 454s ref 1941.A&O 1923 to 1941_Jan Soissons (City), France 6% School 1923-51___J&J b 5.50 to 5.30 % 4.35 tAs gold Aug 1943__F&A Est g Os, Nov 14'36 M&N 8434 8534 5.40 49. Polk Co 59 Road 1922-40_ CANADA-86e peas 5.15 r icy() (City of) Os of 1912St Petersburg 554 1949_J&J COLORADO R.si ana s f beg'17-52M&S 7134 7134 4.90 101 Tampa 5s June'55 op'25.J&J Boulder 55 Sept 1 1920_ M&S 100 14.90 'rich (Switzerland) 100 Os Mun Imp '6200'32 J&D Canon C'y 5s31 op'21M&N 99 St g 8s Oct 15'45_A&O 15 11234 113 95 FOREIGN GOVTS Colo Spgs 45 '29 op '14_ M&S 93 o York Prices.) .:ANA0A-1Nat 91 Argentine Republic45 Ref Water Mar 11941. 89 aailaion of Canada99 F&A 10034 100% ___ , 100 5-yr. 78 1927 Delta Co 55 ref'30 op'20 Jta, 01 A t0 00 i 4% gold notes 1929 F& A 1998 199 , 85 , 86 I ___ 103 Internal g Os of'09 a f Mat Denver 55 Aug 15'28_FatA15 101 2 Se 1926 A&O y$613-4 6 % ___ 4s £ loan of 1897 Denver (City and County) AV) 98% 987 is 1931 7% Treas notes '23_A&O 10034 10054 ___ 4%5 Water Nov '48.M&N 99% 100% 9 8x 1 9 % -__7 ksto 98 M&S , Si Mar 1 1937 Garfield County Belgian Government ___ - ti Oct Mil . 98% 100 754s eat 5.f. yly to'45 J&D 10834 109 55 refdg May 1933 opt'23 100% M&N 100 5s May 1952 102% ___ 98 100 Grand Jct 55'26 opt'21_J&J 67 notes Exta 1925_J&J 10234 ___ 4 1074 1 ___ si4s Vict La Dac'22_J&O 9834 993-4 - -96 8% Ext'l s f bds '41....F&A 107 Las Animas Co 4345'31_J&J 95 993's 534s Viet La Nov'23M&N 983% 9 98 --- Brazil 8% ext 1941 J&D 10534 1053 ___ PuebloCo434sref 31op 21J&J 96 ___ 534sVict La Nov'24 M&N 98% British-0°1182%s op'23.Q-J 1 571 Pueblo Co S D No 20 4543 98 Si Dec 1925 ____ __J&D 97 98 M&S 96 1932 4345 War Loan '25-'45J&D 1 96 --100 %s Viet La Dec'27_J&D 99 S F&A 102% 5545 g Feb 1 1937 Trinidad 55'32 opt '22_A&O 98% 100 % 51 Vial La Nov'33M&N 1013 10234 554sgcourNov1922_F&A 10834 CONNECTICUT 100 514s Viet Lallov'34 MAN 99 A&O b 4% 3.90% 03345 Apr 1934 5 SO g cony Aug 1929_F&A 10834 5%a Viet La Dac '37....f&D 10334 10154 : J&J b 4% 3.90% 82 1941.F&A 10134 105 Chill(Republic) 045 July 1936 5 55 aliens, Prow offis '30 M&N 103% J&J b 4% 3.90% Adt0 103 0135 . July 11936 _ Ext 8s Oct 1 1920 5.50 5% deb May 1 1920.. MAN S F 8s Nov 1 1.946_M&N 10134 10534 Bridgeport-55 1925-49 J&D b 4.40 to 4.20 5.50 1 4.4% s f deb 1924F&A 4348 Bridge 1923-65_ _J&J 4.40 to 4.20 ° Chinese Government_ irit Columbia (Province of a ukuang Rys 55 S_J& D11 5334 51 43 Ugh Sch '23-'03 J&J b 4.40 to 4.20 -is 5.75 Os June 30 1925-J&D39 92 Os of 1896 .£ red 1933_A&O / 90 0435 Sewer 1923-46_A&O b 4.30 to 4.10 5.75 Os Apr 25 1926 80 3545 Improvt 1922-41_J&J b 4.40 to 4.20 vis 434s of '98 £ red '44 M&S / 78 5.75 Os July 15 1928___J&J 13 79 45 (of 1895) 1931____J&J tot7-1M 055 Consten '24-'48_J&D b 4.30 10 4.10 '5.75 Jtki, legacy 5s 1933 91 Cuban Os 1944 op 1911_ M&S 90 Bristol 434s Water 1939_J&J b 4.15 4.10% '5.75 Is June 15 1935___J&D 15' 89 O58 July 1 1926-55.. J&J b 4.40 to 4% -Ext'l" g 434s '49 op_ F&A 87 5.75 J&J 51 July 1 1915 80 F&A 78 4.30 "Ext'l" g 55 1949 Danbury 4s Water 1946.J&J 5.75 1 tit 434 i Apr 18'31_A&O 04 85 4.35 Treasury Os 1929 J&D 30 83 354s Funding Oct'41 A&O 5.75 43%i ElPowJ'ne5'31 J&D.31 Czechoslovak Republic27-'46M&N 4.15 to 4% E Hutt *4345. ;5.40 ___ 1 Oleic N S 4s July 1945_ 0834 Ext s f 83'22 due'51_A&O 98 East Hartford Fire District 5.40 51 Jan 1951___J&' ___ O535 1923-1926_M&N b 4.25 to 4.15 % 1 Denmark ext g 85'45A&015 11034 111 '5.50 99% ___ Hamllton-1s Apr 1 '32 A&O Ext Os Jan 1. 1942____J&J 99 1 5345 1927-1951____M&N b 4.15 to 4% • 1 5.35 is Eta,: L & t' 1941_ A&O 4.40 Dominican Republic 45 Water June 1933__J&D 5.50 4ichlae P Q Os 1954_ J&D 91 4.25 Cuit'd adm s f Os '58_ F&A Hartford 334s 13dge '55 J&J ,5.50 atalsonaeuveg 5348'30 MAN 4.25 8s Cust's adm 1925.. _J&D 105 J&D 45 Water June'30-'39 5.25 530 May 1 1936_ _....MAN 53-g4 Dutch E Indies 63 '47 J&J 95 O45 Water 1940-45__J&D 1 Lanitoba, Province of 9554 4.25 Ext s f as 1962 wi___M&S 95 4548 Munic Bldg '33M&N 5.50 Is; gold Apr 1 1925__A&O France (Republic of) 04345 PermImp'22-27J&D b 4.10 to 4% '5.50 Is gold Feb 2 1930__ FAA 5% National Loan not red Hartford School Districts '3.50 _A&O 5s Oct 1 1923_ before Jan 1931__Q-F 16 v$0934 $70% 1 5.50 -48 '43 Arsenal'22-'47 M&S b 4.10 to'4% M& N Is gold 1930_ 4 I National loan of 1920 485 043.0 Northeast 1959 Jar') 5.50 Is Drainage July 1 '29 Jat) 4.25 754s External 1941__J&D 10234 ,5.30 4348 Northwest 1945 M&S itontreal Os Dec 1 '45 _J&D 102831 $084 4 1 8 ext g loan'43 M&S 18 104 5.30 '4545 2d North 1944.. _J&J 54 .1 r Nov 1 1955_MacN 4.25 Hawaii, Territory of 334s South Sept'55M&S M&N 4%s May 1 1925_ 4.25 4345 Sept 15 1949_M&S15 b 4.50 to 4.10 % Southwest 1944 M&N 5.30 4 014 May 1964 T' 1 45 May 15'48 op'36.M&N b 4.50 to 4.10 5.30 '41345 Wasift'n '26-'47 J&J b 4.10 to 4% J& iSii Jan 1944 4.25 43 Aug 1947 opt '37_..F&A 04.50 to 4.10 % 5.50 45 West Middle 1937..F&A MAN Is M ay 1927 5.50 MAN Is May 1 1933 .£ 5.30 MAN Is May 1 1944 5.30 1 14411.Pg May 1939_ al& N guilders. tPer 1,000 Flat price. / In London. n Nominal r Dollars per 1.000 rubles, flat. s Sale price. S Basis. c On basis of $5 to the .£. free in Connecticut. a Per £500 bond. Tax u Dollars per 1.000 lire. flat. ii Dollars per 1,000 francs. w Dollars per 500 francs. y Per £200. irinl t:11 q 91 _ 10”.4 108% 7_9 50 STATE AND MUNICIPAL BONDS To Ask. Nit To [VOL. 114. To Bonds Bid. Bonds Bid. Ask. Bonds Bid. Ask. Net. New Brunswick 354s '33J&J 5.35 Peoria 434s '22-124__Juno 1 b 4.75 4.25% Bell CoJ&J 48 July 3 1930 5.50 Rock Island 58 1922-1923_ 47.&(5 llis Ct H Dec 15'38 J&D 15 4.60 J&J 40 1932 opt 1902 5.50 Covington MD 4348 Dec 1 1025 5.50 INDIANA (seefoot note o) Os WW Jan15'23-26J&J 15 4.50 MD fis Dec 1 1925 5.50 Cass County 6s WW Jan15'23-31 J&J15 b 4.50 to 4.40 North Vancouver 15s '80_J&J 6.25 o4s Bridge 1922-33M&N15 4.30 6s WW Jan15'32-61 J&J15 b 4.50 to 4.40 0 Nova Scotia.Purr,tis'26.1&J 5.50 oEvansville-4s Ref 32_J&J 4.25 434s W W 1922-1951 J&J 4.50 6s Nov 15 1930_ _ _Mdc N15 10034 102 ___ 048 Ref 1942 J&J 4.25 45 Redemption 1922.F&A 4.50 Ontario,(Prov of)60 123_A&O 5.50 oFloyd Co 4s 1923-'30.. J&J 0b _ o 4.30 48 Water 1927 J&J 4.50 68 Nov 15 1927 ___M&N15 1003.4 102 oFtWayne SD 48'22-'23A&O 4.25 48 Fundg 1952 op '42 FAA 4.40 Os Sept 15 1943..-M&S 15 107 109 oFranklin Co 4s'22-'30_J&D ob_ _ _ ------ 4.30 Fayette County J&D 58 Dec 1 1926 5.50 °Hendricks Co 4Xs g Fund 23 to '24 J&J 4.50 M&N 434s May 1925 5.50 48C II Jan 15'23-'32J&J15 ob _ 4.30 Frankfort 43.4s'27opt'17 J&J 4.50 NUN 4a1941 5.25 oHuntlonCo 3%s'22-'24J&J 4.40 Franklin Co 58'22 to '24 J&J 4.50 4s March 1 1926____M&S 5.50 Indianan-4s Mar 1 '24 J&J 4.25, Harlan CoJ&,4 334s 1936 15.25 0534sTrackElev'31-'47J&J bs Rd & Bldg'23246.. M&S b 4.75 to 4.80 5; Ottawa City 58'22-'45 J&J b 5.50 to 5.30,7 4s Park Imp Jan I '27.J&J 4.20 Lexington 4s 1945 F&A 4.30 6s Munic Imp '22-'50_J&J to 5.50 to 5.30, o4s Fire Dept J'nel '41J&J 4.20 Lexington S D 4s 1938..J&D 4.35 434s '25,'34,'35,'44_J&J b 5.50 to 5.30 o434sSch Jne15' 40J&D 15 4.20 Louisvillea34sSew Sep 28'28_M&S 5.50 03345 Hospital 1936J&J 0 4.20 55 School 1962 A&O 1123,,1 Quebec,Province of o33.4s City Hall 1939_J&J 0 4.20 434s Hospital 1951 Meed low Os gold March 1 1925_ M&S .5.50 oIndianap S D 48'22-'26 J&J 0 4.20 434s School impt'54_A&O 10134 58 June 1 1026 5.50 045 Bldg Sept 1 1948__J&J 0 4.20 48 Mun Imp 1923......J&J 98 Quebec City 33-4s g '30_J&J 5.50 0334s July 1 1941_ ..J&J 0 4.20 40 do Dec 1 '28 Q-M 9634 J&J 33.4s July 1 1933 5.50 058 Oct 20 1925-39 A&O 20 0 4.20 4s Park 1930 J&J 93 J&J __ Regina 58 1929 5.65 Jeffersonville 48 Refg July 1 1937.. J&J 93 St Boniface,Man,55'31 J&J2 5.75 0334s Refund 1925 M&N 0 4.35 48 Sewer 1947F&A 94 98 Saskatchewan,Prov 4s'23_ 5.50 °Kokomo 45 1926-1931_ M&S 0 4.30 48 Loutsv W Co 1946_J&J 93 Toronto lis 1922-1938J&J b5.50 t o 5.35% oLa Porte Co 55'22-'28_J&D 0 4.30 48 Louisv Wat Co'50 F&A 93 -----J&J 1925-1929 68 5.50 oLoganspt nis'26 op'16 J&J 0 4.30 3s g Refg 1940_ MAN 86 -----J&J 65.50 t o 5.35% I 68 1930-1940 Sch H '22-'37 MD15 0 4.30 334s Refunding 1943_J&J 88 -----J&J 63 1940-1950 5.351 Marion Co-40 Ref'27.M D 0 43,1 3s ewer & Park 1941.J&J 81 -----J&J 4348 1923 5.50i 0334s Bridge 1924_ _J&J 0 43,1 McCracken County J&J s July 1 1925 5.00 o334s Refund 1925_ _J&D 0 45,1 58 Ref 1933 op 1913.. M&S 4.50 J&J 4 s Jan 1 1949 5.351 Michigan City 58 Ref 1933 op 1923_ M&S 4.50 J&J Jan 1 1955 5.351 o43is School 1922-24.J&J 0 4.30 Owensboro-4s'31 op'11J4c.1 4.50 J&J 4s E July 1 1948 5.35, °Richmond-451927_ M&S 0 4.30 4s Street 1930 op'15 _J&J 4.50 ' 334s July 1 1944-'45 J&J 5.35' oSt Jos Co 33-4s '22-124.A&O 0 4.30 Vancouver,BC,5%s'39 A&O 5.65 o344s 1923-1928_ F&A 0 4.30 LOUISIANA 434s Nov 30 1924_ __M& N 6 °South Bend-4s 1925 _J&J 0 4.30 58 Port Comm'n '23-'54 A&O 4.76 48 St Imp Sept 9'27..M&S9 6 3 1931 s M&S 4.25 58 Port Comm'n '24-'59 J&J 4.75 48 St Imp Sept 9'32_M&S9 5 .75 o5 o5s 1941 M&S 4.25 Sc Port Comm '23-'55_J&D 4.75 VIctoriaBC448Jan23124J&J 6 Sout endSchool District 434s Ref 1922-1984____F&A 4.50 to 4.30 % Winnipeg, Man,58'44_A&O 5.35 04a Apr 17 '22-'27 _F&A ob_ 4.25 434s Pt Comm '25-'57M&8 4.75 J&D 6s Dec 1930 5.50 Terre Haute -45 1927_ _A&O 4.25 Atchafalaya Levee Dist J&D 55 June 1 1926 5.50 048 Sewer 1930 _F&A 4.251 5s Ref 1949 op 1939...M&S 100 105 ls Aug 1 1946........F&A 15 5.35 oTerre H SchC4s'22-'31M&S ob.. _ -----4.251 Bossier District Levee oVigoCo434Dec16'22-27J& 4 .25 Os 1922 opt 1912____M&N 100 -----GEORGIA o49 Bridge 1923 J&J 4.251 Caddo District Levee 434s ref 1935-1945 J&J 100 102 J&J 100 -----/Ss 1951 op 1941 J&J 48 July 1 1928 4.30 INDIAN TERRITORY (See Oklah oma) Fifth District Levee J&J b 4.30 to 4.20% nis Jan 1923-1935 IOWA J&J 05 -----58 1950 opt 1940 Albany-5s 1945 J&D 4.75 Boone 4345 1923-31_ M&N 4,40 58 1952 opt 1942_ J&J 95 -----M&N Athens -Se 1922 4.75 Burlington 434s '22-'33M&N 4.40 55 Oct 15 1962 op '52 A&O 95 -----Atlanta 434s 1923 J&J 4.50 Council Bluffs 5s Oct 15 1983____Ahn 95 -----4Jan 1 1940 J&J 4.35 43.5 wat-wks '23-'30 M&N A&015 95 -----4.40 5s 1957-1967 434s Sewer 1923-'40. J&J b 4.50 to 4.40 % Crawford Co Se'22-29_M&N 4.40 5s 1959-1969 F&A15 95 4s Water May 31 '23_J&J 4.50 Cushing 58 School 1939M&N 4.40 Lafourche Basin Levee 334s July 1 '31 & '33_ _J&J 4.50 Davenport 45 1922-'29 M&N 4.50 58 Jan 1954 opt 1944...I&J 102% 105 Augusta 4%s May 1'24 M&N 4.60 Davenport S D 434s'25 J&J 4.50 Lake Borgne Dist Levee 434s Flood Prot'42_M&N 4.40 Des Moines /is Dec 1952 opt 1942..J&D 95 MJ 6 4.50 4.40% --45 refunding 1934 5s Municip 1922-1957 J&J 64.35 to 4.20 p New Orleans o A&O 34s April 1930 4.55 44s 1023 1931 MArN b4.35 to 4.20 73 gGS&DS July'22 J-Q 100 Clarke Co 58 1923-'41__J&J b 4.90 to 4.75% 4%s W W 1932-42 J&D 4.20 5s Premium J&J /345 Columbus 40 City Hall 1922-26_J&J 64.35 to 4.20 % 55 Premium (dr num)_J&J f350 /Is W W 1922-1944___J&J b 4.70 to 4.50% 6s Gen Obll 1931-'40_J&J 64.35 to 4.20 % A&O 10034 5s1922-1929 434s Refunding 1930_J&J b 4.65 4.50% Des M Ind S D 4445'32_J&J 4.25 4s Floating debt '48_A&O 88 Macon-5s July 1923..__ J 4.55 Dubuque Co 434s '22-'31J&J 4.25 4s Constitutional '42.J&J 953,1 41 Oct 1926 -J 4.70 Fort Dodge 5s Fund'39A&O 4.25 4s Pubic Impt 1950 opt _ 4)48 W W 1922-'36__J J 4.60 Fremont Co 58 '22-'35_ J&J 4.30 1942 (old issue)____J&J 9334 4s av & Sew '22to'39_J&J 4.60 Greene Co 58 1922-25_ A&O 4.40, 4s Pub Imp'42 op'28 J&J 9334 Pulaski Co 58 1932-1948 J&J b 4.90 to 4.80% Jackson Co 138 1922-30_A&O 4.40 0rieana Dist J&J b 5% 4.85%1,-- Marshalltown Ind S D Rome 434s 1926 51 July 1959 opt 1929_J&J 102 45 Munic bldg '25-'39 A&O b 4.85 to 4.70% 4348 July 1922 J&J 434 Plaquemine Parish E Bank Savannah-44s ref '43_J&J 14.40 5s City Hall 1925-39.M&N 4.40, no Oct 1952 opt 1942_A&O 1 44s Drainage 1944_ F&A b 4.50 4.30%, --- O'Brien Co 58 1923-25_ F&A 4.60 Pontchartrain District 434e refunding 1959__F&A b 4.50,4.30--- Ottumwa 43.4e June 1936.. 4.25; I) Os 1944 M&N 107% -----Spalding County °I Polk Co 434s '22-'32 A&O 15 4.30, so July 1968 J&J 109 -----58 Dec 1 1923-1930 J&D b 4.001to '1.80% 4s Court H'se '22-'24 A&O 4.50 Re I River A & B B Dist Swainsboro Os '25-'50.. A&O 5.25 50 Funding 1922-35_ J&J 4.25 5a 1980 Series BA&O 08 -----Jan b 4.85 to 4.70% Sioux City Valdosta 58 1923-'42_ 98 -----Ware Co 5s Sch '25-'31_J&J :4.85 Os ParkAug15'35-45F&A 15 4.25 8. 14ar 1953e FAA 95 -----1.966 80r 14.50 58 Road 1032-1949_ J&J Os Ref Aug 15 1940_F&A15 4.25 Shreveport Watkinsv D "31-'50 M&N 15.50 Sioux City /3 D 5s 1941_J&J 4.25' 5s 1929-1931 F&A 4.65 Woodbury Os '27-'49___J&D 15.40 Waterloo V&A 4.65 4345 W W Jan 15 '30_J&J 4 30! 5 12:9r . 1 ; 19 4.65 IDAHO Woodbury Co 58'25-'32-J&J 4.30434s WW&Sew'22-'54 J&J 4.65 534s Impt 1941 A&O 4.35 Tenses Basin Levee District 55 Highway 1941 J&J KANSAS J&J 99 Os Jan 1957 48 1,ap Bldg '30-'39 J&J 4.35 Atchison'Co 43.4s May 1 '31 op '21_ J&J 4.35 48 Refund '29 op '14 ....T&J MAINE 4.35 Emporia 434s Highway '35 op '25 J&J 1 534s Bonus Fund'22-'38J&D b 4.10 3.90 434,13 Highw '37 op '27J&J 4.35 4X8 Dec '29 op '19 F&A 4.50, 53 tf'wayarBge'23-'64....A&O b 4.10 to 3.90 to 45 Jan 1 1934 op 1024_ J&J 4.35 EmporiaSD4348'32op'22J&J 4•50 43 Sept 1 1922-1953___M&S to 4.10 to 3.90 Blaine Co 58 Feb '23-'31_J&J 5 Ft Scott 4348'35 op '10_ M&S 4.50 43 Highway 1923-1936_ M&S b 4.10 to 3.90, Boise City 58 '22 op '12_J&J 5.25 Galena 1 43 Apr '28-'31 tax ex._ A&O 0 BoiseC'ySD58'25op'15M&N 5.25 58 W W 1922-1943.. _J&D 4.60 43 State Pier 1933-42_ M&S b 4.10 to 3.00 3.90 6s July 1 1940 J&J 534 Hutchinson-5s 1931 _A&O 4 50 Auburn-334s 1928._ J&J 96% . Shoshone Co 58'22 to'24 J&J 5% 4348 Pub Bldg'61op'31J&J 4.50, 4s 1933 de '40 tax exipt J&J 07 Kansas City 113angor-4s RefWater'35J&J 97 ILLINOIS 150 Feb 1 1923-1925_ F&A 4.50 48 Fund '22-'30 tax ex J&J 08 Chicago 45 1923 to 1924_J&J 4.25 48 Wat&El L 1022_A&O 4.50 Bath 4s Ref 1941 tax ex .1,!cD 97 4s gJudg 1923 to '24__J&J 4.25 434s Sch Bldg 1929__J&J 99 100 --• Biddeford 48 '23-'38..... MAN 9734 45 g Gen Corp '23-'25_J&J 4.25 434e Wat Plant Pur'39J&J 9934 101 -- Gardiner Wat Dist 4s'34 J&J 94 48 1923 to 1927 J&J b 4.251 to 4.20 430 Refg Feb 1 'N.._ F&A 99 100 --- Kennebec Water District 48 1928 to 1935 Jdej b 4.20 to 4.15% 434s Imp July 18'49__MJ 100 102 MAN 96 48 Jan 1930 & 1931 J&J 4.20 Morris Co 434s '22-'23__J&J t5 t He g 92 4.' 50 PortlandK1atery ter District 5 7 4s Jan 1937-1939 ____J&J 4.15 Sedgwick County Se Jan 1923 to 1938...._J&J 102 -----So Park 4s '22 to '24_J&D 4.25 55 Fund 1925 op 1915 J&J 4.50 Lewiston 4s g Oct 1927_A&O 905,1 -----Lincoln Park 48 1923_J&J 4.25 434s B'ge Oct'27op'17 J&J No W Pk 4348 '22-'27 J&J b 4.30 to 4.25 Shawnee Co -4s 1924_M&N 4.50 Is Aug 1 1929 tax ex_F&A 98 -----No W Pk 4348'22-'28 J&J to 4.30 to 4.25 Topeka la C H 1926-'45 tux exA&O -----W Chic Pk 45 '22-'27_J&J b 4.30 to 4.25 55 Top Wat Sept'28. ..J&J 4,501 48 High Soh 1937 tax ex_ _ 99 --------W Chic Pk 48'22-'27_J&J b 4.30 to 4.25 434s Elec Light 1929_J&J 4.50 334s g Ref July 1922__J&J 9936 , Sanitary District Chicago 4s Water April 1 '24_ Adt0 4.50 Portland Bridge District 6s July 1 1922 J&J 4.25 Topeka S D 45 Jan 1925_Jda 4.50 33.48 July '22 to '39_ M&S 4.20 434s July 1 1923-1928_J&J b 4.25 4.30% Wichita Portland Water District 48 Dec 1 1922 to 1923_J&D 425 58 1929 opt 1919 J&J 4.50 49 Funding 1928.. .J&D 98 100 1922-1931_ __M&S b 4.25 to 4.30 4s Sept 434s 1923 A&O 4.50 Saco 40 Apr 1939 A&O 94 -4s 1922-'25_M&S Cook Co 4.20 Wichita School District Washington Co.4s 1928_J&J 9634 -----4501925-1940 A&O b 4.20 to 4.10 434s July 1 1923 J&J 4.80 Waterville-4s g July 1 1927 97 -----48 Ser K 1922-1931 J&D b 4.20 to 4.10 Wyandotte County 1134s Sept 1935 M&S 8034 -----48 Ser M 1922-1933J&D b 4.20 to 4.10 0 434s Bridge'32 to '41 F&A 4.40 48 Forest Pres'23-'34 A&O b 4.25 to 4.15 70 MARYLAND 334s g 1923 J&J 4.20 KENTUCKY 4345 Aug 15 1922-33_F&A15 b 4.25 to 4 East St Louis Tax-exempt: an amendrnen 1 to th • Cone 4s 1926 to 1928 b 4.25 to 4 434s ref Sept 1 '28.. Sept I 4.50 lion of Kentucky passed at the Nst.19 18 elec ,45 1928 opt 1923 J&J b 4.25 to 4 Joliet-5s 1922-1925.___M&S 4.50 provides that all bonds of mans aipal erporw is: '4s Jan 1 1929 J&J b 4.25 to 4 Moline 4348 1922-'32___J&J b 4.50 to 4.35 % now issued or hereafter to be(is awl eh all be I 4s 1922-1929 F&A b 4.25 to 4 exempt. 45 Roads 1923-1930 F&A b 4.25 to 4 R908 1923 to 1928_ ___ b 4.26 to 4 Basis. f Flat trice. n Nominal. o Tax-exempt; under a law approved March 9 issued after that date by State or municipal corporations are tax-exempt, and these sell on a1903 and witch went into effect April 23 1903, bonds better basis. a Sale price. Bonds 51 STATE AND MUNICIPAL BONDS 19221 Bid. To Ask. Net. Bonds Bid. 7'o Ask. Vslet.1 Bonds To Ask. Net. 5 Meridian-Os May '24 May 4.50 Battle Creek 4.80 J&D 53 Dec 1 1939 413 City Hall 1927-'38 F&A b4.40 to 4.30% 4 75 4:40 Sch House 1941_J&J 4 Bay City-48 1934 ___J&J 108 Mississippi Levee Dist Bay City Union S D 108 -----M&N 5.25 58 May 2 1944 06s 1926, 1931, 1936_ _J&J b 4.80 to 4.60,% 108 -----I 4% J&J 5.25 38 July 1 1953 J&D Bay Co o4s Dec 15 1923 103 -----5.25 43.4sSept 1934 M&S Bessemer-53 1922-49F&A b 5% to 4.60% -is 98 -----VIcksburgCalhoun Co 98 100 5 5s St Impt 1923-'32 ..F&A 43 44s Road 1023-'28_ _ A&O 98 5 434s Sewer Dec 1 '28_Dec Detroit 98 Yazoo-Miss Delta Levee DiBt o 6s Pub Serv '23-'29_ _J&J b 4.50 to 4.40% 98 Os 1947 option 1917__J&J 5.30 b o 6s Pub Serv '30-'51_ _J&J 98 1112 M&N b 5.30 to 5.20 53 1924-1954 95% 0558 Nov 1 1945 M&N J&J 5.20 Ois July 1949 0 53.s Pub Util'23-'29 J&J b 4.50 to 4.40% 94 5.20 481952 option 1922_ J&J o 53-8 Pub Util '30-'51 J&J b 4.50 to 4.30% 92 -----4.40 58 Pub Imp '23-'29___J&J 82 -----4.30 MISSOURI 53 Pub Imp '30-'51_ _ _J&J 82 -----b 4.20 to 4.10 4.30 5s March 1930-1936 o 5s Jan 15 '36-'42_ _J&J15 95 85 4.30 334s Cap Big '22-'25 op_J&J 044s Pub Lib 1948 J&J15 4 4.30 Kansas City o 4%s,'32, '35-'42_J&J15 4 J&J 103 -----Os W W 1939 o48 Aug 18 '22-'28_F&A15 b 4% to 4.40% 4.30 4345 Sept 1 1930____M&S 98 -----M&N 045 School 1946 4.40 434s Mar 1 1933____M&S 98 -----M&S 33is Park 1930 J&J 98 -----4.50 4s July 1 1924 ()Escanaba 43-3s 1922-30 J&J MASSACHUSETTS 98 -----43 Market House '24_J&J °Flint 4%8 1922-'39_ __F&A b 4.50 to 4.30 43 1922-52 (tax-exempt)_Var 102 98 J&J 45 Water 1924 b 4.40 to 4.30 055(Mar 15 Sr Apr 1)'31-50 3 s gold Nov 1923M&N 98 J&J 98 4s July 1 1924 4 °Genesee Co Os 1923-31 M&N b 4.80 to 4.60 7 94 J&J 3 s g July 11035 M&S 95 is Sept 1 1930 Grand Rapids 3 s 1956 reg (tax ex)_ _J&J 94% 4.30 Kansas City School Dist 43.)] Flood Protec '33 M&S 3 s 1937 reg (tax ex) J&J 96 J&J 99 4.35 Oita July 1 1933 18'29_M&N 4s Water Nov J&J 92 3 s Water 1942 J&J 97 4345 July 1 1937 Highland Park 58 1928 _J&J b 4.45 4.40% 92 M&S 3 s g July 1944 J&J 96 48 July 1 1927 15 1934 _M&S b 4.45 4.40% o43-8 Sept A&O 95% -----• 3s April 1 1929 J&J 93 43 Bldg 1932 452, Holland-4s Ref 1923.. Feb M&N 9515 38 g May 1929 J&J 98 1 33-4s Jan 1923 Kalamazoo-0 4%s Sewer 4 3s Met Sewerage 1936 M&S gr J&J 96 4.50 3345 July 1925 J&J & Imp 1922-'25 J&J 3s g July 1 1939 Little River Drainage Dist Kalamazoo S D No 13s g Water Jan 1 1941_ _J&J 85% 5.50 ,. M&S15 b 4.50 to 4.40 °7 1 -45 53 Oct 1922-1933__A&O 058 Sch'22-30. Attleborough-4s 1924_J&J 99 4.50 St Joseph 4s 1923 F&A b 8% to 4.80 Lansing-58 1922 to '23 J&D 3%s March 1935M&S 92% M&S b 4.90 to 4.60 45 1924 o55 Imp July15'23-32J&J15 b 4.50 to 4.25% Beverley 4s 1923-1936_ _A&O 97% M&N b 4.40 to 43i t 0 4s1926 o5s Sewer 1922•'26J&D b 4.50 to 4.30% Boston 05sJan 3 1923-1932__J&J3 b 4.50 to 4.20% St Joseph School District Tun 1960 tax ex_A&O 109 4 XS 0451sJan 3 1930-36__J&J3 b 4.25 to,4.1 % 434s 1925, 1930& 1935_ b 4.60 to 4.50 % 98 J&J 4s July 1936 4.10 St Louis 1 J&I) 43's 1937-46 4s Apr'23-'37(tax-ex) A&O 99 4.60 Bdge-Compl'35 A&O b 4.25 to 4.10 7 Marquette 33-s 1926_ __J&J 4 4s 1922-1939 (tax-ox) J&J 99 43' 4s Insane Asy'm '28_A&O b 4.25 to 4.10 Muskegon-5s '22-'25_ _J&J 48 Tunnel & Sub '48_J&D 973g -%'to 4.35% I 4s Public Impt 1928.. _J&J b 4.25 to 4.10i 43.s W-W 1923-'44__J&J b43 4s Sub 1957 tax-ex_ A&O 103% 4.40 M&N 43 May 11034 43 Public Bldg 1929.. A&O b 4.25 to 4.101 4s Sub 1958 tax-ex _ _ _J&J 103% 4.40 Muskegon S D-5s 1942 July 4s W W Renew '31_M&N b 4.25 to 4.10: 103% 48 Tun&Sub'59tax-exJ&J 4.40 .litt.1 b 4.25 to 4.10, Muskegon Co-43-4s '32 J&J 4s School 1937 33-s June 1 1923____J&D 08% jdrj b 4.25 to 4.10, 147_ M&S b43-% to 4.40 Pontiac-43-s '3143 School 1938 97% 3s Juno 1 1924____J&D to 4A 7 /0 53-(s Sewer 1924-1942____ b 4.60 3.853 Ron June 25 '27 J&D b 4.25 to 4.10, 318 June 1 1932____J&D 92 43. 68 1Nat Imp '22-'28 33-4s April 1 1925_ _A&O b 4.23 to 4.10 3 s Juno 1 1934_ ___J&1) 93% 4% Springfield 5s'32 op '17 J&D Os Vat Imp '29-'35 J&J 92Y -is 33 July 1 1935 b 4.60 to 43-i % I 68 Wet Imp '36-'50 90 33-s June 1 1943____J&D 4.35 MONTANA Port Huron 48 1932._ J&J 34s .June 1 1944____J&D 9051 4.50 53ft Educational 1941 J&J Saginaw-43-s Wat'25 M&N J&J 90 -is 33 July 1 1945 4.50 Billings 88 1934 op '2v J&J 4.75 -48'32_J&J Sault Ste Marie Brockton 48 May 1027_M&N 97g 4.40 Butte 5s 1923-1930 J&J to 4.80 to 4.65 % Wyandotte-4 As 1934_J&D 33-s Water 1032.._ _ _M&N 94 Butte School DIM No 1J&J 99.% Brookline 43 1923 5 J&J 1 MINNESOTA 43-48 1924 opt 1914 Cambridge 5 4.90 Custer Co Os '25 op '15 J&J 5s ctfs of indebt 1923_ _ F&A Water May'25_M&N 97 3%s 5 1 Daniels Co 6s 1933-1942_ _ _ _ 5 ec'22-'24 Aug AltkenCo43'3D F&A 84% 3s Bridge 1941 5.50 Great Falls Beitrami Co 43 '22 '24J& D -is Chelsea-4s Park 1936_A&O 98 5.50 4.70 5349 Sewer 1935to'39.J&J 53s Ditch 1923-34__J&D A&O 98% 4s Oct 1925 (reg) 5 5.25 6s Road 1930 45 1023 option 1914.. _J&J Everett-4s Sew 1929....M&S 973 4.00 Great Falls Sch Dist No 1Brainerd-5s Nov 1922-1929 Fall River 4.90 5 48 1923 option 19It_M&S Cass Co-5s Ct Hee '22 A&O 4s June 1 1927 (reg) J&D 97% 5 4.35 Helena 5s 1931 opt 1916 J&J Duluth-5s g Wat&Lt'26J&J 334s Water Feb 1930_ F&A 94 4.35 Kalispell 58 1933. 4.80 J&J 43-4s g July 1 1920____J&J Fitchburg 4.35 Lincoln Co 5s '32 op '27_ J&J 4s g Water & Lt'28 A&0 48 May 1 1923 (reg)_M&N 99% 4.35, 4 90 4s Water & Lt 1930 _A&O 58 Fund Mar '31 op '21J&J J&J 96 33-s Water 1926 5 Duluth Ind School Dist Missoula 43-4a '24 op '14 &J Gardner 4.30 Phillips Co()%s 1936, 1938,11940 A&O 48 Water 1923-1934_M&N 97% 4.60 4.90 M&N 5s May 1 1923 bs Ref Dec '35 op '33J &J Gloucester 4.30 45s Feb 1 '40 op '30_ F&A 3)4s Water'22 to'31_A&O 95% 4.50 NEBRASKA 48 1934 opt 1924 A&O Hampden Co. 4.40 Douglas Co-4s '22-'28 A&O J&J 102% Hennepin County -is 53 Bridge 1924.. _J&D 97% 4.60 8s Bridge 1926-40_ M&N b 4.50 to 4.25 Grand 111 43.4e '25 op '10J&J 1927_ _ _ Haverhill-4s 4.50 '29F&A /5•63 Bridge 1926-40_ M&N b 4.50 to 4.25 Ltncoln-43-4s '23 to Hol3roke-43 gold 1927J&J 97% 40 Lincoln S D 43-4s 1924_ M&N 4.50 43.s Court House '24A&O 3%s Dec 1922-1932 J&D 05 M&N b 4.40 4.25% to 6% J&J 99 Omaha 534s 1941 KoochichingCo 53'23 '33J&J b6% Lawrence 4s 1924 4:Tio f” Ditch 1923-1988_J&J b6%% to 0% -is is 1930,'35. '40,'45,'50_ 1925_A&O 98% Leominster-4s g 4.40 Renewal 1924_ __J&J J&J 0751 Minneapolis Lynn-4s July 1027_ 4.30 Os 1922-1928 lAs Refunding 1934_J&J J&D b 4.50 to 4.40 / 43 July 1 1025 (reg) J&J 08 8 4.30 '41_J&J 43-43 W W Dec 15 Os 1929-1932 J&D b 4.40 to 4.35 -as 33 April 1 1932_ ___A&O 94 4.40 5s 1935.'30,'40,'43,'43, Omina 13 D 434a 1928__J&J M&N 99 Malden-4s 1924 4.40 J&J eAs July 1931 '46.'47.'48.'49 '80 J&D b 4.30 to 4.15 -is 33 Water July 1 '24_J&J 97% 4.40 J&D 5sStImpMay2'36-41M&N2 51 1948 Marlborough 4s July '26 J&J 98 M&N b 4.70 440% 4fts 1922-1923 J&D b 4.70 to 4.25 , 534s May 2 1981.... Medford 4s Feb 1930__ F&A 97% 4.75 b 4.40 to 4.20 4518 1926-1935 So Omaha 43ft 24 op'00 expt_ 102% 5s Apr 1 1923-28 tax 4.75 SouthOmahs8D-51 '23 J&J 43is Mar 1923-'37_ M&S b 4.40 to 4.20 Melrose 4s Juno 1924_ _J&D 99 4.75 b 4.40 to 4.2079 5s Dec 1929 431s School 1941 F&A 98% Methuen 4s 1925 4s School Jan 1927..... J&J 4.50 to 4.25 -0 ( Middlesex County NEVADA 48 May 1 1927 99% M&N b 4.50 to 4.25 J&D 4s 1922 to 1924 5.60 48 School Jan 1 1935_ .J&J b 4.25 to 4.10 Reno 54 1924 op 1909_J&J Milton 33-s 1922 to '32 F&A 95% 0 7 48 Improvement 1942 MD b 4.25 to 4•1017 WasmeCoS13.18'23to'29M&S b 5.75 to 8.40 New Bedford 4s 1926.. _A&O 08 48 1944 A&O b 4.25 to 4.10 4s Sewer 1923-41 (taxNEW HAMPSHIRE 35s School Jan 1 '20_J&J 4.40 to 4.20(9 exempt) M&N 100 3s Hospital 1922-'25J&J 3As Water Wks '32_ _J&J b 4.40 to 4.20,(9 -is 33 1923 F&A 983Berlin-ti Ref 1022-35 M&N 97% -----St Louis Co 8s 1923-29_J&.J b 4.40 to 4.30'70 Newburyport 4.30 Concord-is 1023 J&J 99 5s Road 1931 . 33 Water '22 to '34_J& D 9.151 -is J&J 96 -----33-41 1924 to 1929 St Paul Newton 4s 1935 F&A 98 J&D 94% -----Os Sch July 1 1951 Darer 334s '28-'31 J&J b 4.40 to 4.20 % -is 33 NVater Dec 1926_J&D 06 A&O 98% LaNants-41 1924 fis Refg July 2 '22-'31 J&J b 4.40 to 4.15 % Northampton Manchester 58 Sch July 1 1951 MJ b 4.40 to 4.100' 97% 33 8 g 1922 to 1026...._J&J 4s 1922-'40 (tax ez)_F&A Quincy 45 Sept 3 1922_M&S 99% J&J b 4.40 to 4.100 43-o July 1935 A&O 97% Nathus-3s 1923 43-s Park June 1 '43_J&D b 4.40 to 4.100 3%s April '23 to '39.. _A&O 94 F&A 97 -----Pembroke 43 '24-'34 43-4s Sewer July 1 '43_J&J b 4.40 to 4.10 Salem 45 Jan 1 '32-'54 tax ex 100% 4. g Bch '23J&D 98% 4.40 to 4.10 t9 Portsmouth 43-3 Water Aug 1 '43 F&A b Springfield 33is 1935_ __J&J 92% 41 Ref Water 1932 ___J&J 97 -----Ois Ref J'ly 2 '22-'31 J&J b 4.40 to 4.10,0 J&D 91 3s Sewer 1930 Stratford as May 1933-1954_ b 4.40 to 4.10'0 434s Nov 1 1931 Taunton-4s 1927 J&D 97% 48 Ref Mar 11939__ M&S b 4.40 to 4.101Z) 33.s Sower Dec 1 '30_J&D 97% NEW JERSEY b 4.40 to 4.10,d 4s Sew'age July 1 '39_J&J Wakefield-4s '22-'33_A&O 97% 4.75 Asbury Park-Sa 1924_J&D 43 Mar 1 1940 Watertown-4s'22-'34_ _J&J 97% M&S b 4.40 to 4.109 4.50 4 MO School Jan 1943_J&J b 4.40 to 4.10 10 33 Apr 30 1022___M&N -is 33 1923 to 1929 -is J&J 96 4.55 Atlantic City-Si 1925_J&D 4.50 S'th St Paul 5%s ref '33 J&J Winchester 45 1922-24 J&D 09% 4.50 A&O 81; 1927 Worcester MISSISSIPPI 4.50 4.60 413 g Water 1926___J&J 53-43 Imp 1923 1930 M&S 43 Jan '2:3 (tax-exmpt) J&J 100 4.50 4.30 4 s Paving 1938____J&J M&5 53-48 Imp 1931-1940 4.50 4.30 J&J 4 a Jan 1 1945 83-48 Apr 1929-1934 MEXICO A&O 4.40 4.30 J&J 4i Water 1930 See Foreign Gov'ts page 49. 430 1922-1034 4.40 Atlantic Co -6s R'd '26 J&D'6 5%4.40% 43-i8 July 1 1922-1935 J&J 4.40 Atlantic Highlands MICHIGAN (See foot not e o) 4518 July 11930 4.40 5 45 g Sewer July 1 1928 J&J :Ms July 15 1941____MJ15 b 44O4.30% 33-4s Refund Jan 1 1927_J&J 4.40 Au tub 13 D es '22-'40_ _A&O b 4.75 to 4.50 % 4.25 154s State 1934 op '14 J&J 5Wi Oct 151941.___A&O 15 Bayonne-5s Fund 1928 Jdab 4.50 to 4.25 % Greenville 5s highway 5 100 is Jan 1 1923-1949___J&J b 4.50 to 4.25 4.20 58 Refund Sept 1927_ M&S MD 5s Highway 1940 4.80 43-4a Funding 1931___J&D b 4.50 to 4.25 o Jackson flis July 1 '33_J&J Ann Arbor School District 4.80, 4 3 Jan 1 1933J&J b 4.50 to 4.25 % 4.40 A&O 53 Water Aug 1 1928_F&A 46 Sept 1935 4.80 As FloatIng Debt 1928 J&J 0 4.50 to 4.25 % F&A 53 Water 1930 1 4.80 J&D 58 Juno 1 1932 b Basis. I Flat price, n Nominal. o Tax-exempt; under a law approved May 13 1909, and which went into effect Sept. 1 1009, bonds issued after that date by municipal corporations are tax-exempt and these, accordingly sell, on a better basis. Annapolis 4343 W W'42A&O Baltimore M&S 5s 1922-1948 56 1922-1981. _ 43s Mar 1 1923-55._ Maki M&S ,tAs Mar 1 1955 M&N As Water 1928 F&A 4s Aug 1 1951 J&D ts Annex 1954 M&N 43 Parka 1955 M&S 45 Mar 1 1961 F&A ris Aug 1 1961 J&J 3548 July 1 1030 J&J s Imp 1940 M&S 33s Mar 1945 s Refunding 1952.. _J&J 3 Sew'age Imp'80_A&O J&J 33's Jan 1 1927 Camberl'd 4j4 WW '41 A&O F&A 4s Water 1923 Hagerstown tit water 1038-1987_ _A&O a 52 STATE AND MUNICIPAL BONDS [VOL. 114. To Ask. Not. Roads. To iltd. Asi. a. Bonds. Bid. Bonds. Bid. Ask. Nal. Belleville ifs'24-'34-'44M&N b 5 to 4.60 Perth Amboy 4348 Apr 1944_ b 4.50 to 4.35 7 NEW YORK (Concluded) 00 Funding 1945 b 5 to 4.60 43.4o School 1938. b 4.50 to 4.35 Jamestown SD5s '25-'29 Belleville S D 58'27-44 M&N b 5 0 to 4.601 4.15 434s Funding '22-'27_A&O b 4.50 10 4.35 5s 1930-39 J&D Bergen Co 530'31-'34-MD b 4.25 to 4.10 4.15 Plainfield-48'22 to'34_J&D b 4.35 10 4.20 Johnstown 00 Dec '23-'37 530 Dec 1 1935-'42_J&D b 4.25 to 4.10, 4.10 48 School 1959 M&N b 4.35 to 4.20 dKings Co 48 May 1 '23-'44 5s Dec 1944 4.10 J&D b 4.25 to 4.10, Ramsey as Water 1922-'40_ b 4.60 to 4.40 Kingston 330g'23-'36_A&O 5s Dec 15 1922-1955J&D15 b 4.25 to 4.10; 0 4.10 Ridgefield 58 July '22-'31J&J b 4.60 to 4.40 4348 1923-1925 A&O 430 1923-1939 4.15 A&O b 4.25 to 4.10% Ridgewood Bs 1922-'26_F&A b 4.60 10 4.40 Long Island City-d 430 Aug 1922-1938_F&A b 4.25 to 4.10% Riverside 58 1925-'32 A&O b 4.60 to 4.40 0 430 1922 to 1923.___M&S 43 Court Use '23-'38_ A&O b 4.25 to 4.10'% 4.10 Sea Isle City 58 1943...... FAA Madison Co 430'23-'29Fsbl Bloomfield 5s 1923_ __M&N 4.20 4.80 So Orange-48'22 to '44_J&J b 4.50 to 4.25 5.50 Mamaroneck , Un F S D No 1 Camden-430 Wat'23_J&J b 4.25 10 4.10 Summit 434 Bch 1941-F&A 530 May 1 '23-'28_M&N 4. 90, 530 Aug 1 '22-'81__F&A b4.25 to 4.10 4.30 431933 M&N 4.20 530 May 1 '29-'52 MAN 430 School 1943_ _A&O b 4.25 to 4.10 4.30 Trenton 430 May '24_ M&N b 4.25 to 4.15 7 Middleport 4.358'22-'42J&D 430 Water'23 to'60 M&N 4.35 4.10 530 Oct 1922-51_ A&O b 4.25 to 4.15 4.355 sewer '22-'39_ J&D ,4.35 4s Paving ..M&N b 4.25 to 4.10 70 43.48 Water 1943____A&O b 4.25 to 4.15 0 Middletown-330 '31_ F&A Camden Co 431 1933.F&A 1929..- _14.10 4.25 48 City Hall 1939_ _J&D b 4.25 to 4.15 % Mt Vernon 430'31-'43_A&O '4.10 4. 1944.. J&J 4.25 330 Sch Nov 1 1929 M&N b 4.25 to 4.15 % 88 March 1924 M&S 4.20 Cape May -51 1934.. _J&D b 4.70 to 4.40 Union Co 430 1937___M&S b 4.25 to 4.10% 530 1923-1924 A&O 430 School 1923-51_M&S b 4.70 to 4.40 1Y 4.20 430 1942 ; M&S b 4.25 10 4.10 530 1925-1934 A&O 430 1923-1952 4.20 M&8 b 4.70 to 4.40 5g 4s Oct 1 1942 A&O b 4.25 to 4.10 530 1935-1941 A&O East Orange 430'25-45 F&A 4.20 4.25 5:31s June 1 1928 _J&D b 4.25 to 4.10 0 4V0 1923 ref F&A 58 Sewer 1923-1980 .J&J 4.15 4.25 Vailsburg-See Newark 430 Sch 1962-'73_M&N 43 1934 A&O 4 4.15 Weehawicen430'22-28.J&D b 4.50 to 4.35 % 4s Sewerage '50-'55_ MAN 4s Water 1933 J&D 4 4.15 Westfield as Jan 2 1923-1928__J&J 2 330 Water 1933. _ A&O 4.15 4.15 /is June 15 '22-'80_ _J&D b 4.50 to 4.30 % 58 Jan 2 1938. _____J&J 2 Elizabeth-430 1955_ _J&J b 4.30 to 4.15 4.15 West New York Bs 4.40 Nassau Co-430 '22-'29J&J 43 1022 op 4.15 J&J b 4.25 to 4.10 0 Wildwood 4348'23-'57_F&A b 5% to 4.60 % 5s Aug 1 1928 530 Dec 1 1922-'48_ _J&D b 4.30 to 4.15 4.15 58 1931-1939_ MAN 68 June 1 1927 4.14 J&D b 4.30 10 4.15% NEW MEXICO 430 Ref 1922-'28_ M&S Englewood-43 Sep '35 M&S 4.15 4.60 430 ref 1953 op 1933 J&J 4.35 43(s 1038-1043 J&D Essorx Co430 Road '53_F&A b 4.30 to 4.10 % 4 430 Dec 16'32 op '22__J&D 4.35 330 Court House'30 M&S • 430 L'd Purch '23-'48 J&J b 4.30 to 4.105w 4 48 Fund 1939 op 1919._ M&S 4.35 Vewburgh 430 '23-'34_ F&A 43 Hospital '22-'49.F&A b 4.30 to 4.10 % /s 4.10 48 Highway 1922-1944__J&J 4.35 New Rochelle 43is [toad '22-'38 __ / _F&A b 4.35 to 4.15 % Albuquerque 430 '29__M&S 5 4x1926-n 92 ,23.35M &N b 4.23 4.15% 50 s m u 1 1m 9p mA 43 1926 .. . b 4.50 to 4.15 7 58 W W Dec 1982 58 1930-1950 5 MAN b 4.20 10 4.10 48 Hospital 1948...__ F&A b 4.25 to 4% Bernaillio Co 68 22o9'12J&J 3.650 Park '23 to '38_ FAA b 4.30 to 4.10 0 4 150 1031 op 1921 48 1923-1930 5 M&N F.Lciex Fells (Boro) 5s July 4 SocorroCoas '41 op '21_A&O 330 1922 to 1933_ _J&D 5.60 28 1923-1960 4 4.50 New York City Fairview-5s 1944 4.60, NEW YORK 430 June 1965 J&D Gloucester Co430'22-'26 var 4.40, tis Mar 1 1923-1971____M&S b 4.10 to 3.85 430 June '22-'30 5% J&D 610 25 to 4.10 D 4. Hackensack-430 1942F& A 4.20 5s Jan 1 1923-1971_ _.J&J b 4.10 to 3.85 430 1963 !VMS Harrison-4i 1930 106 J&J 4.35' 430 Highway 1963___M&S 11134 113% R. (old) May1957_ M &N 1053i 1063 Hoboken -430 1940___J&J b 4.70 to 4.4 430 Canal 1064 J&J 11134 11334 434s (new) Nov '57_M&N 1053.1 10634 330 193E ____ _MAN b 4.70 to 4.40 79 430 Canal 1065 J&J 107 108% 434s Corp stock 1987_J&J 10534 107 34 5s School 1923-1954 J&J b 5.70 to 4.40 --430 Highway 1985 ____M&S 107 4 lAs Corp stock'22-'32J&J b 4.25 to 4.10 68 Sewer June 1 '26_J&D b 4.70 to 4.40 430 Barge Canal 1945 J&J 10534 10834 430 Corp stk 1971J&D15' 10534 107rt 1073-4 Os Par & Sew 1926_ _F&A b 4.70 to 4.40 48 Canal Term 1942...._ J&J 102 10 434s 1980 opt 1930._ M&S 100 Hudson Co -430 1948_A&O b 4.35 to 4.1 48 Canal Term Jan 1946_J&J 102 104 430 1960____ M&S 102 1041 430 Road 1923 J&J b 4.35 to 4.15 48 g High Imp Mar '58_ M&S 102 104 430 Mar 1 1982____M&8 102 430 May 1 1950____M&N b 4.35 to 4.15 10234 48 g High Imp Sep'58_M&S 102 101 430 Mar 1 1984____M&S 1013 lug % 48 g Park 1959 &'54_ M&N b 4.35 to 4.1 48 High Imp Mar 1980..M&S 102 104 430 April 1 1986 _A&O 1013 102% % 43 gold Ref 1935_ _F&A b 4.35 to 4.16 48 Canal Imp July 1960_J&J 102 101 430 Apr 15 1972__A&015 1033-' 104 _63 Road July 15'25.J&J15 b 4.35 to 4.15 48 Canal Imp Jan 1961_J&J 102 104 48 Various 1936____M&N 99 Irvington Si School '63_J&D 99X 4.50 48 Canal Imp July 1981_J&J 102 104 48 Nov 1955 M&N 983 % Jersey City-68 1926._ __J&D b 4.25 to 4.15 57 48 Highw Imp Mar '81_ M&S 102 104 48 Various 1956_M&N 9834 -----530 Sch 1942-1953__A&O b 4.25 to 4.15 48 Palisade Park 1961_ M&S 102 104 48 Various May '67_ MAN 530 Dec 1 1931-1933 J&D b 4.25 to 4.15 9934 48 Canal Jan 1982 . J&J 102 104 48 Nov 1958 M&N 99yi, 65-5s gold assess 1924_ M&N 4.25 to 4.15 48 Highw Imp Mar'82_M&S 102 101 4s MMay1959 _ MAN 993i 100 450 School 1922-58_J&D b 4.25 to 4.15 48 Canal Imp Jan 1967..J&J 102 104 334s Exempt 1922 M&N b 4.25 to 4.10 430 Refunding 1928_J&J b 4.25 to 4.15 0 48 Highw Imp Mar '67_ M&S 102 104 334s Bkl n M Sew'27 J&J b 4.25 to 4.10 430 School 1945 J&J b 4.25 to 4.15% 48 Palisades Park 1987_M&S 102 104 s D'k 1927 Ex_M&N b 4.20 to 4% 430 Water 1961_ _A&O b 4.25 to 4.15 38 gold Jan 1 1923 J&J 88 92 8 g Exempt 1941_M&N b 4.20 to 4 430 Park Mar 19;1_ M&S b 4.25 to 4.15 38 g Jan 1 1956 J&J 88 92 s Exempt 1942 M&N b 4.20 to 4 43 Water 1932 A&O b 4.25 to 4.15 88 g July 1 1958._ .- .- J&J 88 92 s R T 1948-1950_M&N 6 4.20 to 4 0 4s Refunding 1949 F&A b 4.25 to 4.15 o 38 g Canal Jan 1 1959 J&J 92 8 g Exempt 1952.M&N 893-4 91 Kearny 43.48 1936 F&A '4.45 Albany-43(s '22-'28__J&D 88 4:16 33.4sg Exempt 1953_M&N 8934 91 4 Ks April 1982 _A&O 4.45 430 Water 1922-34_M&N b 4.10 to 4% 334og Exempt 1954_ Kt N 90 Sch Imp '23252_J&D b 4.30 to 4.25% 430 Oct 1963 A&O 4 3 g Water Ex'54_M&N 90 Lon-58 1923-1947_ ___J&J b 5.10 to 4.6 % 434s Water 1932____ MAN 4 330 Exempt 1955 M&N 88 Long Branch as 1943_ M&N 8934 4.85 430 1922-1954 J&D b 4.10 to 4% 330 Stk April 1'54__A&O 8934 91 43 June 1 1935 J&D 4.85 48 Park 1923 to'30_ _ MAN 4 330 Nov 1 1929 M&N b 4.25 10 4.10 Lyndhurst 58 1922-1957_J&J b 5% ,to 4.50 330 Pub Imp '23-'34 F&A 4 38 g Dock 1924 Ex_ _M&N b 4.25 10 4.10 0 6s Imp 1928 J&D b 5% to 4.50 Albany Co -334s'22-25 F&A 4.10 as g R T 1950 Exem_M&N b 4.23 to 4.10 Mercer Co -430 1933 J&J b 4.20 to 4.10 330 Aug 1 1925_FAA 4.10 NlagFalls--530'41-48 MAN 43 Road 1933 4.15 J&D b 4.20 to 4.101 430 1936-1937-1938_ MAN 4 4.10% Sewer 1935-40_J&J 330 April 1941 4 A&O b 4.20 to 4.10 0 Amsterdam ifs Was 1922-37 4.10 4348 School 1923-26_ FAA 63 Road&Bdge'22-'34F&A b 4.20 to 4.10,% 4.10 Aubu'n-430 Dec6'22-31Jdz D 4.10 00WatM'yl'41-48M&N Middlesex Co 430'24-'34J&J 64.25 to 4.10, 4.10 48 Water May'23-'25 MAN 4.10 45(oRepay'29-33 regM&N Os Road 1923-1931 J&D b 4.25 to 4.10, 4.15 430 1925-1934 4.10 45(e Sew'39-'46e_..MAN 430 Fund July 1922-1939_ b 4.25 to 4.10, 4.15 Binghamton 48'28&'29_F&A 4 330 1942-1945--- MAN 430 Imp 1923-'32_A&O b 4.25 to 4.10, 4 48 Sew Disp F&A 4 North Tonawanda 4s'24A&O 330 Bridge '23 to '31_J&J b 4.25 to 4.10 4.35 430 Park 1922-'37__.J&J 4 430 1922-1925 J&D Monmouth Co 68 1926_M&S 4.35 14.35 330 Bridge 1935_ F&A 4 Oneida Co-330'23-'28F& A Montclair 430 Sch '41_A&O b 4.25 to 4.15, 4 Brooklyn-d-(Ss 1924.__J&J 4.20 Onondaga Co 30 '22-'29_J&J 430 H Sch Bldg '44_J&D b 4.25 to 4.15; 4 45 Bridge 1926 J&J 4.10 530 1922-1930 MAN 4.10 330 School 1932 J&J b 4.25 to 4.151 3348 g 1923 to 1937_ ..J&J 4.05 J&J 434s 1923-26 4 Morris Co-4s'35 op '08J&J b 4.25 to 4.15, 3 s g July 10 1925___J&J 48 Mar 1 1929 M&S 430 1942 opt 1922 4 J&J b 4.25 to 4.15; 330 gold 1936 J&J 4.05 Orange Co 330'23-'24_ Febl Morristown 430'22-42 J&D b 4.25 to 4.15' 4 3s Bridge 1925.. J&J 4.05 Ossining-430 '23-'42_M&S Newark-430 1944_ F&A b 4.30 to 4.1 4.15 Broome Co 5s '23-'33__M&S 4.10 Oswego 430 1923-29 MAN 530 Oct 15'22to'59A&015 b 4.40 to 4.15 4.10 Buffalo -78 1924 & 1925 J&J 4.251 534e Sch 1923-1946_MAN bs 1922-1958 4.20 J&J b 4.40 to 4.15 (is Parks Jan 1 1924 _J&J 4.15 Penn Yan 4.356'22 to'310ct 430 Dock 1959_ _ _ F&A b 4.30 to 4.10 100 4.35 430June 15 1944_J&D 15 4 Poughkeepsie 430 Apr 15'23-'61A&015 b 4.30 to 4.10 4348 June 15 1984.J&D 15 4 330 1922 to 1930_ M&S 430 Soh Dec 1 '45___J&D b 4.30 to 4.10, 4 4348 1922-1988 J&D 4 Putnam Co 430'22-'29 F&A 48 Refunding 1923_ M&S b 4.75 to 4.25' 4.20 431s Feb 15'62 op'32_F&A 4 Queens Co-43 1927_ _J&D 4s Sch House 1959 op1949 b 4.25 to 4% 4.10 40 June 15 1922-'30__J&D 4 Rochester bs 1923-26__F&A 48 PasVa1Sew'61op'51J&D b 4.25 to 4% 4.10 48 June 15 1960 J&D 3.00 58 1927-1931 (coup) _F&A 330 1929 4.10 J&D b 4.40 to 4.20 330 Park Reg 1927.. F&A 4 5s 1932-1951 (coup) _FAA 330 Track Elev '54_F&A b 4.30 to 4.10 4.10 330 Water 1922-35_M&S 4 430 Jan 15 1933 J&J Vallsburg 430 1934 J&J b 4.70 to 4.41% 4 Cohoes &Ref Wat'22'45_J&J 4.25 4348 Municipal 194&.M&S New Brunswick4 Corning 530 1923-60__M&S 4.25 430 Pub Imp 1925-48F&A 45(8 Aug 1 1922-57__F&A b 4.25 to 4.15% 4 Elmira-48 1935 M&S b 4.20 430 School 1923-45_ J&J 4% North Bergen Bs 1941__J&D 4 4.50 4 Water 1922-'45_A&O b 4.25 to 4.05 430 1923-1936 J&J 88 School 1922-29__M&S 4 4.50 Apr 1 1933-1935 434! 4 48 1923 to 1927 J&J 68 School 1030-58.. M&S 4 4.50 Erie o430'22-38tax-ex J&J 4 43 Imp Soh etc '23-'47_J&J No Plainfield 88 1922-1954_ 4 4.50 Franklin Co 430'31-'40 M&S 4.15 330 Imp July 1 1924_J&J Nutley 58 1933 4 J&D 4.65 Fulton-3.408'22 to '29 J&D 4.15 330 Ref 1933 opt'13_J&J Ocean City-58 1944......F&A 3.90 4.80 Geneva-4s Water '26_A&O 4.15 Rockland Co-48'22-34 M&S Orange -So 1923 to '32_J&J b 4.50 to 4.25 4.10 Glens Falls -430 ref sewer 330 Fund '22 to '24_J&D 58 Water 1938 4.10 F&A b 4.50 to 4.25 Aug 31 1922-1928_ F&A 4.20 Rome 430 Sept 15'31 J&J b 4.20 4.10% 430 School 1043.._..J&D b 4.50 10 4.25 Groton Os Wat '23-'50_51&N 5301931-1941 4.50 A&O b 4.20 4.10% 48 Sch House 1934-J&D b 4.50 to 4.25 Haverstraw4.128'22-'37M&S 4.20 Rye-59 Mar 10'23-38_ M&S Passaic 430 1923-'40M&S b 4.35 to 4.20 4.25 Hempstead 45 g 1923-J&J 4.20 SaranacLake430'22-28M&S .. 518 Gen Imp'22-28.J& D b 4.35 to 4.20 4.50 Hempstead Un FS D No.1-4.458FireHouse '22-'39J&J 100 4.35 53 s Gen Imp '29-44.J&D b 4.35 to 4.20 530 1924-1929 J&J 4.35 Saratoga Springs 5 s Gen Imp '45-51.J& D b 4.35 to 4.20, (Ss 1925-1930 4.35 430 Park 1923-40 A&O 513 Imp '23-'48 4.10 MAN b 4.35 to 4.20 (is 1931-1954 4.35 Scarsdale 430 '22-'45_ J&D 430 Ref 1944 4.20 MAN b 4.35 to 4.20 Herkimer-430'22 27 MAN 2 4.25 Schenectady 58 '22-'33_ J&J 4.10 Passaic Co -4s '23-'24_ _J&J 4.15 Hudson-4s Wat 1922 July • 100 4430 1923-1931 A&O 4.10 Paterson 430 High Sch '25-'32 A&O 4.20 430 1922-1934 J&J 68 1925 & 1926 4 M&N b 4.40 to 4.201 Irvington 4.10s '22-'36_A&O 4.20 Schenec Co 4348 '42-'58_J&J 4.10 530 1922-1926 M&N b 4.40 to 4.20, Ithaca 4.30s '27 op var_J&J 4.20 Solvay 434e 1922-40_ _F&A 100 4.50 5348 1927-1934 MAN b 4.40 to 4.201 430 Ref Water 1942_ _J&J 4 Suffollc Co 430'24-'32_ J&J 4.10 534s 1935-1959 MAN b 4.40 10 4.20, Jamest'n 48 Mar 20'43_ A&O 4 430 Oct '22-'39_ A&O 4.10 43.40 1933 to 1944 M&N b 4.40 to 4.20, 4345 Feb 1 1945__ FAA b 4.40 to 4.20, 4aN C Hall'23 to '32_J&J b 4.40 to 4.20, 0 100 1 b Buis. d Now part of New York City. f Flat price. n Nominal. JUNE, 1922.] Bid. Bonds. -- -Var.... Syracuse 4341 1922-35 58 May 15 1922-1938 MAS 534s 1922-1960 4.9 Refunding 1929___J&D J&J 1928 3348 Water .WAS Tioga Co Be 1923-30.. a 4348'23-142.J&J Tonawand 58 Water 1922-1950__J&J 5340 Water 1922-50_ _J&J .J&J S.St Impt 1931.. Troy-434s 1922-1925__JA0 b 4.10 68 1920-1940 reg____Aec0 b 4.10 4348 School 1922-31__F&A b 4.10 430 Feb 15 1923-1957_ b 4.10 48 Water 1922-1925__JAD 48 Sept 1 1926 3340 'Water 1922-36__J&J Utica-4340 1923-35__M&N 43.1s Pub Imp'23-'42 A&O 3340 Nov 1 1922 to'35 Nov Warsaw Union Fr S D No 10 Oct 4348 1922-1942 J&J Watertown 434s 1942 Ida 58 1922-1925 J&J 58 1926-1945..... 48 May 1 1938____ MAN '23 to '27 MAN 3348 Sewer Watervliet 62 1922-30 Var West Seneca 58 '22-'38.A320 Westch'reo3348'27&'213.1AD 5348 1922-25 reg.____JAD 5%8 1926-32 reg____JAD J&D 58 1939-76 58 June I 1929-54-J&D 434sParkway1902-86J&D 43is Co Bldg 1927-44.A&O 4$ Co Bldg 1923-59 MAS FAA 45 1930 to 1935 434e San Sew '33-'82_J&J White Plains-40'22-'28 FAA 5348 Sch 1931-1930_A&O A&O 3349 Water 1931 J&D 430 Fund 1922 1922 A&O 58 Refunding Wolcott434sily 13'22-42 J&J Yonkers-4s '23 to '25_ WAS ..A&O 5348 Jan 1923-1928. 530 Jan 1927-1961__A&O 434s Mar 1 '27-'56__A&O 334s May '22 to '24__F&A 58 April 1 1923-27 A&O So 1922-1938 52 STATE AND MUNICIPAL BONDS TO Ask. Net. Bonds. Bid. Ask To Net. Bonds. Bid. To dd. Net. 4.50 5 j Toledo Sch Dist-4s'23 to '29 Butler Co 4349 1924__ _J&J 4.80 MAN 80 1922-1924 4.80 0434sFI-Emer'23-31 MAN MAN b 4.80 to 4.50 6s 1925-1930 Cambridge-4349'23234 J&J b 5% to 4.60% MAN b 4.85 to 4.50 Os 1931-1960._ 5 J&J 48 1923 4.40 Warren Co 58 1929-34 MAS MAS *.5s Sewer 1953 4.90 1.50 Youngstown 11155'22-'25 A&O 1931-37.. WAS 058 Sower 434 A&O *Os Fund 1928 058 Canton-' Sew 1953..MAS b 4.40 4.25% 6s Bdge 1932-41_ _A&O Fund 1922-37 _J&D b 4.50 to 4.30 79 413348 102 St '22-'32 b4 % to 4% 1050 Ponce 13, *1133 Water 1944-1959_A&O b 4.50 to 4.30 •4348 1922-1957._ _ AA() b 4.90 to 4.30 0 4348 Water-Wks '30./ILAS b 4.50 4.15% Youngstown School Dist 40 '22,'26 &'27____F&A b 4.60 4.25% 4.50 MAS 4.25 '434s 1944-1947 S D 58 1934 _ A&08 'Canton 4.80 Zanesville 005s City Hall *58 Dec 10 1922-26JAD10 & Market 1922-39...MAS b 4.60 to 4.40 4.25 *4.408 1956 4.40 Cincinnati 414348 St'32.J&J OKLAHOMA 4.50 *(39 Funding 1928_ _F&A 4.50 4.25 434s Oct 15 1924-33 A3:015 stMsImpMarch 1941 MAS 4.50 F&A 4.25 40 Funding 1922-27 .534sImpFeb '46,'51 F&A 534 4.50 Canadian Co 4s '23-'31_ FAA .5348 Mar 10'31 MAS 10 4 5.28 4.15 Guthrie 68 W W '43___A&O J&J July 1 1963 1058 4.20 Muskogee-434s 1925 MAN J&J ciqs July 1943 MAN 5s Nov 1 1924 4.20 S: A0 *4 s Sewer 1955 4.35 M AS_ 5 58 Sewer 1936_ 4.40 048 8 Sew Sep 3'37 MAS3 4.10, 4.60 4.40 Okla Clty-Lis'37 op'22 F&A _F&A 3.058 g Feb 1937 4.20' MAS 4.60 513 Water 1936 4.50 3348 Water'45 op'25 F&A 4.151 F&A 4.60 434s Sewer 1938 4.50 Water 1939 op'19_F&A 38 4.10 4.60 J&J W W 1941 4.65 434s 4.151 Cinc S D *434s 1934_A&O 13 4.60 4.80 Okla City S D Is 1933 J&J MAS 48 1936 opt 1906_ 4.30: 4.60 58 1926, 1930, 1931_ Var. 4.80 ..A&O 334s 1940 IA 1912 4.50' 4.60 4.25 Okla Co-4348 '24-'33 J&D Cleveland*5 s 1940-70JAD 4 1 534 Okmulgee 53 Mar 15 1943___ 4.40 J&D (is 1932-193 4.15 5 4.25, Payne(10 4349'22 to'29 AA0 41534sPub Hall 1970_J&D 4.151 4.70 Tulsa 534e 1927-32 _FAA 43,1,1 1 .58 W W 1936-1968_ JAD 4.10 F&A 534s July 1916 4.40 4.10 '4348 St imp Feb 1'34F&A 4.60 FAA 5s 1933-1947 4.25' 4 '434o March 1949._ WAS Fire dep'23-'55.A3:0 b 4.80 to 434 % 1 4 '434s OREGON 4.30 3.90 43-10ClarkAyBdg'42.A320 A&O 4.30 Os Highway 1925 A&O 430 Park 1938_ 4 A&O b4.60 to 4.40 % 4.25 5343 hIghway 1925 48 Park 1929-1931_ A&O 4 44_A&O b 4.40 to 4.20 % 4.25 4349 away '24-Apr' 48 Grade Cross'g '30_A&O 4.10 Adr0 b 4.40 to 4.20 430 1925-1944 (s-a) b 4.60 to 4.40% 4.20 Cleveland S D *4343 '22-'35 A&O b 4.40 to 4.20 0 4.50 48 Highway 1922-42 A&O 48 1923_ 4.10 1 431 40 Highway 1923-41_A&O b 4,40 to 4.20 .TAJ 48 July 1 1932 4.10 F&A b 4.40 to 4.20 % 49 Aug 1 1928-1033 4 3 J&D b 4. to 434% *68, 1922-1940 4.10 Albany 38 ref '31 op'21.A&0 1 100 4.50 Cleveland Heights S D5.25 J&D Astoria 58 1953 A&O b 5% to 434 .% 4168 1926-1959 4.10 4.90 M&S • ' 4% Baker City els 1934_ 4.15 Columbus *68 '49-'57_ MS:S 4.90 _A&O 4.25 Olatsop Co 59 1934_ 48 Sewer '33 opt '13_ MAS 4.15 4.25 Colum Co 53'24-'29-'34.M° b 534 to 4.80 % 4s Wat-W '45 op '20_ MAS 4.10 5% MAN 4.50 Dallas City Sc'22-'28_ J&J 3348 1932 opt 1912 4.10 MAS 4.50 Eugene 58 1942 4.10 Columbus S D 48 1926_ M&S 4.50 '4.751 Multonomah Co 430'32J&D 3348 March 1 1923 MAS 4.10 4.50 14751 55 Road 1923 -1929_ : 4 35 *59 1943-1952____JAD 19 b 5% to 4.50 Portland-58 g C H '22_J&J Cuyahoga Co *Os'22-39A&O NORTH CAROLINA F&A b 4.70 to 4.40 534s Aug 1928. 4.75' *58 Bridge 1922-27_ ASr0 4.50 58 July 1961 55 gold Bridge 1025._A&O b 4.70 to 4.40 *58 Ref 1923-1939..... A&O b 5% to 4.50% 4.30 J&J 4s Refunding 1950 14A 58 Harb Dev41923-50M&N b 4.40 to 4.25 48 Ref 1922 to 1926_ Mr° 4.30 48 Building 1951._J&J 4340 Dock 1943___MAN b 4.40 to 4.25 4s 1922-1941_._AA0 b434% to 4.157 5.40 Albemarle 68 1923-38._ F&A 430 Oct 1922-47____A&O b 4.40 to 4.25 4.75 'Dayton Ss 1923-'32_141,12N b 4.40 to 4.25% J&J Asheville 58 Ref 1941 b 4.35 to 434 48 Water *Os Gen fund 1028__A.A0 b 4.50 4.25% __4.75 J&J 58 School 1943 •534s W W Imp 1044 J&D b 4.50 4.25% -.- Pt ofAstoria,5silar'24-'29J&J b631% to 8% 4.80 J&J 534s 1922-1957 Pt of Coos Bay Harbor Si. 4.85 1058 W W Imp 1945_ F&A b 4.50 4.25% 5340 Street 1923-36__ F&A 4.85 *4 As W Wimp 1940.JAD b 4.40 4.257 - - - Port of Portland 5 BuncombeCo58122-'46._JAD _J&J 4s Dry Dock 1934 4.80 *434s ridge 1933-39 A&O b 4.40 4.25% 434s Funding 1939._ WAS Salem-5s Sewer'23 -'33RIAN b53(% to 534 SD 5349'41-'01MAS3 b 4.45 to 4.307 Dayton 5 68 Bridge 1928-37_ __A&O *53 71ar16 '23-'46 MASI() b 4.60 to 4.50% 4.70 Charlotte-58St&Sew'29_J&J PENNSYLVANIA ;4.50 4.55 East Liverpool-is 1940.J&J 58 School 1923-46..___F&A 4.90 So July 1 1951 Series C__J&J 11534 116% 4.75 Elyria 45 1922 to 1923_ FAA F&A tiUs Fund 1923-29._ 4315 July 1924, 1929, 1934 4.70 48 Water 1924 to.'38.J&D b 434 to 4317 M&N 5340 1023-1930 1939, 1944, 1949____J&J b 4.20 to 4.10 4.70 58 W W 1929-1946 __.T&J b 4.75 to 4.40% MAN 534s 1931-1048 Allegheny-1s'23 dr '27_JAJ b 4.20 to 4.10 4.60 •FindlayCitySD55'22-27J&J b 5 A to 5% 1 48 Water Mar 1935.J&J 4s Street Impt 1937_ MAN b 4.20 to 4.10 4.80 4.50 Fostoria-4s 1925 ___ .MAS 4s Water Oct 1 '41_A&O 330 1922 to 1931....A.420 b 4.20 to 4.10 *53 W W Imp '23 -'40 MAS b 5.25 to 434 434s Vat Sr Sew 1942_J&J ,4.90 Allegheny Co 4311'43_MAN b 4.20 to 4.10 4.60 Franklin Co 4s '23 -'23_MAS Durnam-434sSew&Lt'41J&J A&O b 4.20 to 4.10 48 Road 1939 14.80 4.60 *55 Fi•Emerg '23 '29.MAS 4348 Fund 1922 to 1940_ Is Bridge 1942____ _FAA b 4.20 to 4.10 4.70 *51 4sflosp&Bwe'95 35FAA b 4.80 to 4.50% , 58 Water 1923 to 1945.J&J 3341 1932 opt 1922 MAN b 4.20 to 4.10 4.70 *Os Rd May 227-31 MAN2 F&A 5$Fd & Sewer '22-'39 97 4.60 Altoona-1s '34 opt '14_J&J 95 4.75 Hamilton Co '434s '43_ FAA -4348'39 MAN Granville Co -97 4s Ref 1938 opt 1915._J&J 95 4.60 4.70 431% Oct 1 1939___A&O Greensboro-5s W V7'30 J&J 97 '37 op '32 J&J 95 41 Highway 4.90' 4.70 48 C El rile '36 op'16 JAD 58 Aug 1 1942 W___F&A 97 4.80 Altoona S D 43'23 to'35A320 95 4.60 Ironton *434 W W 1936 J&D 48 Water-Works 1954_J&J 13 D 5340 1925, 5.10 Lakewood 434s '22-'39_AA.0 b 5% to 4.60% 1 Bethlehem Greenville 58 W W '58_FAA '30,'35,'40,'45,'50_JAD b 4.20 to 4.15 4.60 5.30 Adr0 *434s Oct 1945 63 WaterJuly 1922-24J&J '22-'44_MAN I) 4.20 to 4.15 4.85 *59 Park&Imp'22•'41A&O 6 5% to 4.50% 1 Braddock 4348 Co 55 Aug 1 '42_F&A Iredell MAN b 4.20 [0 4.15 49 1923 to 1935 4.90 5.10 *Lawrence Co 58 1934_ WAS Lee Co 58 Road 1952...MAN 4.75 Chester-334s 1929._ _J&J b 4.20 [0 4.15 5 100 Lima is Sower '22 to '25,14:0 Lincoln Co 56 1943 A '48 J&J 97 5.10, 43'37 opt'17 tax-exm_J&J 95 5 100 *69 May 1 1925._ MAN 5s Bridge 1937-1951_ FAA J&J b 4.20 to 4.15 430 193033-40 *4348 Oct'22•Oct'30_AA0 b 5% to 431% 1 Mecklenburg Co 242_ b 4.20 to 4.15 79 -% 4.50 Chester S D 43-49'32237 4.80 3343 Ref '30 opt'25__AA0 68 Ref Nov 1950_ ___MAN Easton-334s 1928____A320 b 4.20 10 4.15 I. Lorain 55 1922 to 1932....J&J 5 4.90 to '1.60% PittCo 5s 1923-36._ MAN b 5.20 to 5% 97 5 Eastou S I) 48'24 op '24 FAA 95 5 *59 W W Ref '22 '27 MA., 4348 1943-1947. ____MAS 99 5 Erie --43 Street '22 op'11 J&J 98 5.10 *68 Fd Sep15'23-28M3rS15 Lound June 1959 ....J&J 430 School 1925-39_A&O b 4.20 [0 4.10 4.15 1.70 Lucas Co 4s C-1I 1944_ M&S A&O Raleigh 56 1927_ op '24...JAI b 4.20 [0 4.10 4345 Ref 1931 434 4.60 - 30 MAP *534sWatSup'23 . Cis Mimic Bldg 1939....J&J 4.10 b 1 Erie 8 D 4b 1922 38__F&A b 4.20 10 4.10 4.60 Madisonville (in Cincinnati) 60 Impt June 1 1944_JAD A&O 4.20 to 434s 1922•1937 5 5.10' 36 1932 opt 1022._._ J&J d Co 58'23-82 J&J Rutherfor b 4.20 [0 4.10 4348 Jan 1 19:301940 5 -1 Marietta .4341'22-'33 MO b 5% to 4.60% Salisbury 68 Imp '23-'35 MO Fayette Co 40 Road '26.A&O b 4.20 [0 4.10 5 M S: N 334s 1931 opt 1911__1'AA P468 1924-'41 A&O b 4.20 to 4.10 Is Road 1936 ____ g 5.25. Marlon As 1923-- __MAS Surrey Co Os May 1933-58_ Harrisburg 1.60 Martin'a Fy Si '26-'44_ MAS b 4-80 it;4.00% Wake Co 5$ Fund '48 __J&J 40 Aug 31 1928-32.....MA8 b 4.20 [0 4.10 5 5.40 VIercer Clo 3, 23 to '2 i FA A Weldon (is Jan 1024-1942 48 Pub IMP '23 to '38 h1,1rS b 4.20 [0 4.10 4.601 Miatn Conservancy Dist Wilmington-5s F'd '23..JA2 5 Johnstown 434s 1923 M&S b 4.20 [0 4.10 1.65 5348(1 to 5 yr mat'y) J&D so ref & impt 1985._A&O b 4.20 to 4.10 4349 1925 & 1930 5 4.60 534s(5to 10yrmaVy) JAD 430 g Wat A Sew '48 A&O 4.83 4s Buildiug 1930 opt MAS b 4.20 [0 4.10 1.60 534s (after 10 3433W- Jed) 434s Wet 32 Sew 1952_JA.1 Co Is 1944FAA b 4.20 to 4.10 Lackawanna 5 4.60; Middietowa48'3000'20. FAA is g Ref July 1 1929...J&J iaancaster 36'38 opt'28.A&O b 4.20 to 4,10 4.70 Montgomery CountyWinston-Salem-58'24 MAS 334s Sewer 1934 __WES b 4.20 to 4.10 4.55' *53 Fi-Einerg '23-'42 JAD b 4.90 to 4.60% gen impt 1944-__JAJ 58 _ 5.10 La viaster S D 49 May 1945. b 4.20 to 4.10 .590et1, 4.55 MuskingtunC01 22-23 7___MAS , tis Sept 1922-194 Lo.yerMerion rp15.4 48,4349 b 4.20 to 4.10 -75 '70 J&J 1.50, Newark coi 1923-41_40:0 b 5% to 4 4349 July 1 1942 4.80 AcK'pitSDI4s'23-'4.3M&N b 4.20 to 4.10 4.50. Norwood 434s 1925 Jdr D J&J 434s July 1 1952 4.65 Mercer Co 5341'24-'47_ FAA b 4.20 [0 4.10 4.70 48 1930 _ ._ ._ _ .. _Adc0 Os Imp Aug l5'22-'30FA A15' 5 Norristown 8 t) 444'43 J&J b 4.20 [0 4.10 0 Portsmouth-18'22 '24..JA EY gsy, Ptilialeipala-15 1537 __J&J 99 5 :.an lusky 33 '22 to '26_F&A NORTH DAKOTA 112 53 Jan 1951_ _____ Ada 111 -934.. 5 5% to 4.80 % -'5 Springfield 4 Grand Forks 5s May '24-38 b 6% to 5.75 105 May 1948....._ ..J&J 104 434s 434 6 48 1922-1925---------MAS Ward Co 4348 July 1925.J&J 105 434; Nov 1 MS....JAI 104 Springf'd SD*58'22-'39.J&J2 b 4.90 to 434(7,':, 9931 100 45 faly 1939..-__ Steubenville *58 '23-'33 MAS b 4.90 to 434 % OHIO (See foot-note *) _J&J 9931 100 43 July 1942 4.50 4 A&O, Summit Co 5s '27-'30.A3:0 434s 1923-1932 43 Ian 1 1946_ __JAI 99U, 100 431' Toledo •53WW '37-'44 FAA b 4.40 to 43,1 % *Akron Os 1922- 1940_ _ _A&O 1932___ 43 'coy 1 1925J&J 9931 100 4.50 *69 Gen Fund 1929_ FAA Var *135 1924 & 1928 ._ 9931 100 334s July 4.20 060 Pub Wharf 1960..MAS *58 Water 1922-1953.M:0 b 434 to 4.20% 334s July 11934_ .._ __J&J 9931 100 4.25 4.50 ' Sewer 1949 WAS 115s *5348 W W 1924____MAS S D 430'24-'43__J&J b 4.20 to 4.10 4.40 Pnila 41 0434s Sept 1 1928._ MAS ' J&J •5348 1923-1929 J&J b 4.20 to 4.10 49 1923-1942. 4.30 4 *434s Wat 1932-34 _J&J J&J 105348 1930-1937 -'50JAD b 4.20 [0 4.10 J&J 64 1 4310 Bdg '28,'333e38 F&A b 4.40 to 4.30% i PlttsOurgh-1343'22 MAN b 4.20 to 4.10 1938-1951 *5348 43 A107'2500'10-'22 434 ..A&O 49 1926 b4 ( tg 4.; 41434 WWDec31'22 37J-1)31 MAN b 4.20 to 4.10 45 1923 to 1927 4.10 4.20 48 Park July 1 1942__J&J W 1942AAO, 48 43 1923 to 1939______J&J b 4.20 to 4.10 4.20 1 4.50 33413 Refundig 1930_ MAN Alliance 434s 1927-32 _J&D: taxaole_ MAN b 4.20 to 4.10 4343 23-'33 43 Ashland Co-'S As Bridge 1 , 3545 AI '23 to '30._A320 b 4.20 to 4.10 0 Oct 15 '22-Oct 1 123.AA0 b Basis. jFlat price. n Nominal. issued after Jan. 1 1913 by municipalities In 111,* Subject to taxation. By an amendment to the constitution of Ohio adopted Sept. 311912 bonds taxation. that State are subject toltaxation. Bonds issued prior to Jan. 1 1913 are exempt from 4 4.10 4.10 4 4 4.20 100 4.50 4.50 4.50 4.50 to 4.05 to 4.05 0 to 4.05 % to 4.05% 4.05 4.05 4.05 4 4 4 Tit - 5e tra 5 54 STATE AND MUNICIPAL BONDS Bonds Bid Pittab S D 43je '22-'27_ _J&J b 4.20 Reading-4a '23 to '28_A&O b 4.20 la 1923-1928 M&S b 4.20 48 1926 & 1931 b 4.20 Saranton 4s'22-'41__F&A b 4.25 tie 1922-1950 F&A b 4.25 ts 1923-1937 M&S b 4.25 48 1928-'30-'35 A&O b 4.25 Scrant SD 4e'23-'28-'33A&O b 4.25 85e 1922-1932 F&A b 4.25 Uniontown 4E1'28 tax-ex M&N b 4.20 Wash'n Co 4Me '23-'34 M&S b 4.20 4e 1924-1933___M&N b 4.20 Wilkee-Barre3Ms'23-'29F&A b 4.30 49 1923 to 1935 J&J b 4.30 4 MsImp Ser I'22-'38A5c0 b 4.30 43.s 1931-1940 J&J b 4.30 , 4M8 Imp 1940-1945._J&J b 4.30 Wmaport 3s'290p'09M&S b 4.15 York 43ja 1924-1943___F&A b 4.15 York Co 334a 1922-'32_M&N b 4.15 To Ask. Net. to 4.10 to 4.10 to 4.10 to 4.10 to 4.15 to 4.15 to 4.15 to 4.15 to 4.15 to 4.15 to 4.10 to 4.10 to 4.10 10 4.20 to 4.20 to 4.20 to 4.20 to 4.20 to 4.10 to 4.10 to 4.10 Bonds Memphis S D 434e'59J&J Nashville 6s Apr 1923-'42_ A&O b 5s Mar 1923-'60_ M&S b 55 March 1933 111&S 50 Sch 1922-1945_ ..J&D b 4e Sewer 1923 A&O 4 Street 1935 J&J 43-4s High Sch 1940 J&J 48 (Tenn C RR)'24_ M&N 4s Water 1928 J&J Putnam Co 4 Ms 1941_J uly 1 RobertsonCo4e'41op'31_J&J Shelby Co-434eSch'41_J&J 48 Court House 1955_J&J 58 Sch 1929, 1939, 1949_ b Bid Ash To Net. [Vora. 114. Bonds Ash. To Net. 4.40 Norfolk-5s Ren 1923_J&D 4.60 6a Oct 1 1950----4.75534s School Oct 1 '51 A&O 5s Municipal 1949 _F&A 4.60 4.50 0 55 Municipal 1969 _F&A 4.6G 4.6010 4.45 % 4348 Munk Impt'42 M&S 4.50 4.60 434s Renew Apr 1 '41 A&O 4.50 454e Imp July 1940 _J&J 4.50 4.50 48 Impt March 1936_ M&S 4.50 4.55 Petersburg 434s 1952_ _A&O 100 4.50 4.55 Portsmouth-4 Ms 1940 F&A 4.70 4.90; 53.4e Aug 1 1951 F&A 4.80 4.90 4349 imp Oct 1 1942_A&O 4.70 4.40 4 e Sch & Sew 1938&J 4.70 4.35 5s Water 1948 J&D 4.75 4.50 to 4.40 68 Ref 1928 J&J 5 Richmond TEXAS 6s July 1 1922-1929 J&J 4.70 Austin 58 1922-1942_ _ _J&J b 4.80 to 4.60 % 6a July 1 1930 J&J 4.70 6sSch Bg&Hos'52op '32J&J 4.60 434e Pub Imp 1949 J&J 4.50 434%nRef 1922-1946.J&J b 4.80 to 4.60 % 434s St&PkRtiSep'29_J&J 4.50 Beaumont 85 '52 op'32_ A&O 4.80 413 1922 to 1930 J&J RHODE ISLAND 4.50 58 Water Works 1954.M&S 4.80 45 1938 to 1943 J&J 4s Chant Inat 1965...... 4.45 ..M&S 99 -----4e 1942 opt 1922 J&D 4.80 48 1924 J&J 334a gold S H 1934 4.50 J&J 9434 Cleburne5sWW'52op'32.J&J 4.80 48 1941_ _J&J 4.45, BMato1-354e g 1930_ _ _M&S 946 -----Dallas -5e 1931 J&D 4.60 48 Elec Light 1942_ _J&J Cent Falls 48'22-'30_ F&A 5s g Aug 1928 F&A 4.60 48 1943 J&J 4.45 N Prov'ce 4s J'ne 15'47 J&D 91 -----be 1923-1960 M&N b 4.70 to 4 % Roanoke 434s Ref 1936_J&J 4.50 Johnston 45a 1925, 434s Sch 1923-1952_ M&N b 4.70 to 4 41e St Impt May 1940 % 4.50 1930, 1935, 1940____ M&N 434s 1924,1928,1938,1939, Pub Bldg 1941_ M&N 4 4.50 Llucoln-4s 1928 A&O 96 1942, '43, '44, '45_J&J,6 4.70 to 4 Pub Bldg 1944_ M&N 4 A 4.50 Newport -44s '23-'39 M&S b 4.25 to 4.05 48 Water'47 op '17.._A&Olb 4.70 to 4 4 Ms Apr 1952 4.50 5349 June 1 1923-1958.-- b 434 to 4% 4s School 1922-'51_ _ _J&J b 4.70 to 4 48 St lmpt 1936 J&J 4.50 48 gold 1927 F&A 97 DallasCo44eSep 10'51Apr10 4.70 Stafford Co 53 1942 _J&J 5.25 49 May 15 1948 M&N 97 fle Viad & Bdge Feb 10 Tazewell Co 58 1923-46_J&J 3 100 334s g High Sch 1934 J&D 8734 -----1954 op 1924 Apr 10 43-4 Pawtucket-434e 1980_J&J 102 -----ElPaso5sWWPurch'50_A&O 5 WASHINGTON 434s Sewer 1952 J&D 102 58 Fund 1951 opt'31_ M&S 534 Os Gen Fund 1926-1940_J&J 4.70 to 4.40 F6 48 Water 1937 M&N 96 89 School 1955 op '35_J&J /3 Aberdeen 534s '22-'31. ..J&D b5U%to Providence 4s 1927 A&O 9734 -----55 Imp Aug 1 1948 .F&A 5 Bellingham be 1926 Adz° 49 Jan 1 1948 J&J 98 100 Fort Worth Clarke Co 5e '35 op '25 Jan 1 43 48 July 1966 J&J 98 100 50 Apr 1951 opt '31_ A&O 4.65 Everett tis July 15 1931_J&J 434 48 May 1062 M&N 98 58 1929-1934 J&D 4.65 58 June 1936 J&D _ 4 3 Ms Bch & Br 1929_ _ M&N 94 -----58 1935-1959 J&D 4.50 King Co -5s 1928 M&S 65% to 4.80 % 38 Sew dc Imp 1929_ _ M&N 91 -----434eStImp'48opatt.'28J&J 4.50 58 C't House '33 opt May 5 Westerly-4s 1927..._ M&S 97 -----434s Sch'49 op aft'29_J&D 4.65 58 Road 1935 F&A 4.80 334s Water Feb 1929_ F&A 94 _ 4s Refunding 1941___J&J 4.60 43eHarb opt'22-'30 Novl b 5% to 4.80 % W Jonsocket 434s Fd '41J&D 100 Galveston Lewis Co 8e 1923-32_ _ M&S 4.80 69 Fund 1924-1935__M&N 6 4.60 58 Lim debt 1932-1936 J&J 5 Pacific Co 4 Ms July 1 '28-'36 4.80 6.8 Fund 1936-1961_ _ M&N b 4.60 10 4.45 15s Grade Rale 1944_ _A&O 5 Pierce Co Se ref'25op'15A&O 4.80 4349 Funding 1944 _M&N 100 5e School 1922-1954.M&S 5 58 Sept 1 1928-37 Sept 4.80 434s June 1923-1057.J&D -100 4.25 Be 1923-1956 A&O 5 48 Ref 1926 opt 1916_M&S 58 Funded 1923-1959_ A&O b 4.50 to4.30 434e Grad &c'48op'28 J&J 5 Port of Seattle 5e'22-155M&S 653 % to ISM % 48 Funding 1947.... ..A&O 94 --43eGrad &c'490p'29 A&O' 416e Jan 1923-1955.__J&J b5 0/to 554 7 3348 Wat May 1 '31_ M&N 92 --0 Galveston County Seattle-5s 1922-1930__J&J b5 % to 8.15% SOUTH CAROLINA 58 Bd Apr 10'51op'31A&O 5.40 60 L & P Sys 1927-41_A&O 68.50 to 534 4349 Blue 1928 100 4.50 Harris Co 48'47 op'17_A&O J&J 4.50 48.Refund 1952 op 1932_J&J 434e Sewer 1927__M&S b534%to 5.10 o 4.30 Houston J&J 434e Water 1931 Charleston-5a Oct'22_A&O 4.60 55 Sew Nov 15 1939..M&N 4.00 434s Light eat 1932....J&J b 5.50 to 5.20 % 434a 1928 5 15 ' A&O 4.60 58 RefOct16'41 op'31 A&O 4.60 4e Lib Oct 15 '22-A&015 5.50 434s Jan 1962 100 4.50 J&J Se Mun Imp'26-'36_ F&A b 4.70 to 4 A&O 4s April 1 1929 4.75 4s Sewer 1929 Adt0 4.60 4 Ma Sept 1922-1982 M&N b 4.70 to 4 Seattle SD Nol 434s'24 M&N 4.75 48 Refg '38 (tax-exm)_J&J 4.50 434e Oct 26'38 op'28 A&O b 4.70 to 4 43.4s Mar '23 to '31_ M&S 4.75 Charleston Co 6s 1037 J&J 4.75 Port Arthur 58 1922-56 M&S b534% to 4.85 Snohomish Coils'31 op aft'21 5.40 Cheraw fis'52 op '32_ _July 1 5.20 San Antonlo-3s'23-'53M&S b 4.70 10 4.40 0 Spokane 513 Park 1927__J&D b 4.70 to 4.40 Clarendon Co5s Sept 1922-'53____M&S b 4.70 to 4.40 434s Bdge Conat 1931 J&J b 4.70 to 4.40 bs May 15 '36-40 M&N15 5.10 5s Sept 1931-1959 b 4.70 to 4.40 4 s Water 1935 J&J b 4.70 to 4.40 Columbia Ss Ref 1941_M&S 4.65 8s St Imp Dist No 2 1943.. b 4.70 to 4.40 J&J b 4.70 to 4.40 4348 Park 1962 4348 Water 1945 4.60 San Antonio S D 58'56_ F&A' J&J 4.65 ° 434s Bridge 1922-36 J&J b 4.70 to 4.40 Greenville-5s St 1942_J&J 4.70 Tarrant Co -8s Road & Bdg 48 Water July 1 1925.J&J b 4.70 to 4.40 0 5e Water 1958 4.70 F&A Apr 10'82 op '22_ _Apr 10 5 SpokaneSDNo81 434s'29J&J 4.75 Greenville Co4348'40-'55J&J 100 4.50, Waco-fie Nov 1 1934 _M&N 5 M&N 454s May 1 1031_ 4.75 Richland Co 813 1933___J&J 4.65' tis Sewer 1937 a J&J [MLA 4s Augl 1922 4.75 Rock Hill So 1951 op'31_J&J 5.25; 58 Water-Wks 1942 _Jdal 5 Stevens Co-4Ms'29 op '19.. Spartanburg 48'35_..A&O 4.70' 48 Jan 1 1931 5 Tacoma-53'22 33 2 J&D 43 , 1 58 Sept 1 1939 4.701 Wichita Falls Os 1950M&N 5.25 454s Lt & Pow 1929_ J&J Spartanburg County 5.25 5s Feb 10 1060_F&A 10 434a Refdg 1931 A&O 434s 1923-1927 4.70, M&N 334e Jan 1 1939 J&J 44 SOUTH DAKOTA UNITED STATES -Bee pages 16 & 48 1 6s Rural Credit'33-'40_ A &O 4.40 WEST VIRGINIA 6s Sept 1941 -----M&S UTAH 58 Highway 1927-1946_ -J&J b 4.40 10 4.20 58 Mar 15 1931-35.... Marti 15 4.40 534s April 1 1941 4.35 J&J J&J Jan 11930 4.20 5e June 1 1924-'39 4.40' 58 Capitol Bldg 1934_ _J&J J&D 4.35 334s jj Charleston 43.48'41 op'27J&J 4.50 5.1 Highway '24-'28_ _ _ _A&O 4.40; 434s Capitol Bldg 1934_ A&O' 4.35 Charleston S D 5s'242 .52.1&J 4.60 Ofe Rural Credit 1939_J&J 4.401 434s Road 1939 4.35 Clarksburg Ss '22-'53_A&O J&J' 4.70 Aberdeen434a Sewer'32 J&J 4.65' 4348 July 1 1939 J&J 4.35 ClarksbgSD 53'41 op'21M&S 4.75 Sioux Falls fie 1931.._.. 4.751 4s Capitol Bldg 1934_ _J&J .J&D 4.35 Hancock County-5e Grant Sioux Falls S D 5s 1935_A&O 4.65 40 Capitol Bldg 1924_ _J&J 4.50 Road Dist'46 op '32_ M&N 5 A00 534s Dec 1 1940___J&D 4.50 Box ElderCo4MsSch'32F&A 4.70 Huntington Ss 1944_ Oat 4.35 TENNESSEE 4.70 Martinsburg 513143op'29 Decl Ogden-434e 1929_ _J&J 4.85 4 s July 1 1922-67 J&J 64.50 to 4.30 0 434s Refunding 1932 4.70 MercerCo5e'44op'24A&O 15 ---_J&D 5 100 4348 Ref 1922-1985 J&J b 4.50 to 4.30 4.70 Parkersburg 4s %Vat '29 June 434s Ref Wat 1933_ M&N 4.70 4349 1938-1955 J&J b 4.50 to 4.30 4.70 Og eu S D 4s'22 op '12.J&J 4340 June 1 1933_ J&D 4.65 48 1tef 1922-1955 J&J b 4.40 to 4.20 Salt Lake City 434a '24_JSEJ b 4.75 to 4.50 Wheeling-6e 1924 op Nov 4.60 48 1932-1953 J&J b 4.40 to 4.20 °9 A ) 55 Ref 1922-1928_ M&Sb 4.70 to 4.40 4.00 434s Ildge 24 op '06_ J uly Blount Co 88 1926. 5s Refund 1941 J&J b 4.60 to 4.40 48 Ref 1922 to 1936_ July 4.40 1931, 1936, 1941,'51_J&J 4.80 4qa May 1 1934____M&N,b 4.60 to 4.40 0 Chattanooga 454a1937_J&J 4.45 4 a ref 1934..M&N b 4.60 to 4.40 WISCONSIN 51s ref Apr 15'51 A&O 15 4.45 4e & W '25 ot'15_A&O b 4.75 to 4.50 - Appleton 454s 1923-32_ F&A b to 5s Audit 1927-'32_ M&N 4.40 Salt Lake City S 48130J&J' 4. 0 50, Fond du Lac 454s'23-'38 Mar 4 4.40 to 4.30 % 4.40 4348 May 1952 ____M&N 4.35. 4.50' Green Bay 434s '23-'33_J&J b 4.40 to 4.30% 434s Feb 1 1932 F&A 4.30 % 434s Park 1942_ __ M&N 4.451 4.50 434s Aug 1 1933___ _F&A 68 W W 1922-1935_ M&N -----434s Dec 30 1941__J&D30 4.75 Salt L Co 434s'26op'11)F&A Os W W 1930-1960 M&N Cocke Co Rd & BrgeJefferson Co 58 '28-32 A&O b 43-4 to 4.30 5S '24, '29, '34,'39___M&N 4.90 VERMONT LaCrosse4Xs'32op'22. F&A 4.50 Cumberland Co 58 1956_J&J 5 4348 Oct 1 1922-1949 A&O 4s Water '31 op '21_ J&D 4.30 Davidson Co 434e'37opF&A 4.50 Middlebury 48'41op'21 M&N 9534 Madison-4a Oct 1931..A&O 4.25 Grainger Co as 1940___F&A 5 Rutland 4a g 99 Marshfield 43-4s '22-'32_J&J 4.40 Hamilton Co 5s 1935. A&O 4.65 Milwaukee 5s1023-1939 J&J 4.50 bs April 1 1945 4.60 A&O VIRGINIA J&J 4.20 50 1922-1939 4348 C H & Jail '42_ _A&O 4.60 Os deferred Ws 1871____J&J Be Jan 1023-1940 J&J b 4.40 to 4.20 434s Bdge & Sob 1947A&O 4.60 Brown Bros We J&J b 4.40 to 4.20 58 July 1922-1940 b 4.60 to 4.45 Knox Co 58 1930-1945 35 "Riddleberger" 1932 opt J&J b 4.40 to 4.20 1923-1939 454s Knoxville 5a 1940..___M&N 4.45 1900 J&J 0334 95 454a Park 1923-1935 J&J b 4.40 to 4.15 Os Wat Ref 1923-46....M&S b 4.65 to 4.50 30 Funded debt 1991___J&J 4s Viaduct 1922 to '20 J&J b 4.10 534e Fund 1950 ____M&S 4.50 Danville-4e Refg 1931.J&J 7334 Zoo Milwaukee Co 4s'22-'25M&S 4.20 .to 4. 0 40 434e Funded &c 1937 J&D 4.55 4.60 Oshkosh 454s 1923-34...F&A 64.40 to 434s Ref Aug 1942 _F&A 434s Water-wka 1949_J&J 4.50 Lee Co-5s 1923-'4L._J&J 5.20 Racine 454s Ref'23-'30_ F&A b 4.40 to 4M 4.30 4s June 1 1929__J&D 4.60 Lynchburg-5s '26 op_ _J&J 4.75 4e School 1923 F&A 4040 . Memphis 15e July 1954_J&J 4.40 4.75 434e Ref June 1 1927.J&D 6s 1022-1941 F&A b 4.40 to 4.30 Be 1922-1927 F&A b 4.70 to 4.65 0 4.60 Racine Co 45 1923 434a Pub Impt 1939__J&J F&A 88 River Term '23-'48A&O b 4.70 to 4.45 4.60 434e Pub Impt 1040__J&J tis 1930-1940 4.4 0 7°.40 51. Audit Mkt'25-'49..0&J b 4.65 to 4.45 0 4.60 Wausau 434s Water 1951 J&J -4 Me '23-'33 A&O b 4.40 to 4.35 434e Refunding 1926.J&J 4.65 4.60 WoodCo-5s '28,'29,'31A&O 48 Ref Oct 1934 J&J 4.50 434e Refunding 1939_J&J 4.50 Newport News 434s '48 J&D 4.75 55 1934 4.40 A&O 4.45 434s St Impt aro '46_F&A 4.75 _F&A 43(s Feb 1953_ 55 1937 Jr 1938 A&O 4.35 434s Park 1947 Jar.; 4.45 4s Street Nov 1 1941 M&N 4.75 WYOMING 434s Street 1947._..M&S 4.45 Os Pub Bldg 1922-28_ _Jul5 i 4.49 434s 1050 J&J, 4.45 Cheyenne 5s '31 op '11_ F&A 5.40 454oPark 1959 4.40 A&O; Sheridan 40 Water 1933 4.50 M&NI 6s Fund NIch 15 1952 M& 10531 2.55 b Basle. f Flat price. n Nominal 4.60 to 4.45 4.60 10 4.40 BANKS AND TRUST COMPANIES. Quotations in this department are given per share, not per oent, etoept for stooks of Canadian institutions, and are Cu near as possible for the closing day of the month preceding the date of issue, though often are nominal. An asterisk (*) denotes sales. Figures of deposits, capital and profits for the national banks are from the Comptroller's last oat!; for all other instiFor tutions they are the lato3t obtainable, direct returns being prooured by us where no periodio statements are required. the Clearing House banks of New York, Philadelphia and Boston, deposits are taken from the latest weekly statement. returns . AL RAMA-N at banks May 5; State institutions latest Capital. Surplus Profits. Gross Deposits. Par, Bid. CALIPORNIA-(Concluded) Ask. Surplus Gross Capital. ct Profits. Deposits. Par. Bid. .166. Per share. share. San Diego $ 569,144 12,114,384 100 175 100 First National Bank 1,000,000 320 250,000 8622,457 83,413,430 100 100 Merchants' Nat 13k 522,729 7,070.492 100 310 200,000 100 San Diego Say Bk_ 49,409 1,624,143 100 210 165,000 100 Secur Comm it S B e74,379 e1,225,280 100 share. Union Nat Bank.... _ 200,000 v10,914 v1.772.119 100 100,000 United States N Bk Mobile 300,000 1,098,677 11,438,967 100 430 445 SouthernTr it Comlint National Bank 324,777 13,660,914 300 1,000,000 merce Bank 200,000 420,000 6,300,700 100 260 300 Merchants' Bank.._ San Francisco 4,924,768 100 240 250 200,000 305,017 Plople's Bank 733,422 15,652,846 100 116 American Nat Bank 2,000,000 Per share. Anglo London-Paris Montgomery300.000 National Bank.._ 5,000,000 3,444,420 68,742,670 100 162 164 816,007 81,066,958 100 102 105 Mxchange Nat Bank Bank of Calif, N A_ 8,500,000 8,718,107 70,572,549 100 206 544,944 3,679,007 100 138 141 *Ind National Bank 1,000,000 10,000,000 3.734,324 177867710 100 204 500,000 8128,110 84,241,978 100 110 112 Bank of Italy Fourth Nat Bank.._ 188,031 2,883.719 259 900,000 100 100 800,000 130,000 Columbus S it LSoc 37,000 Alabama Bk&Tr Co 100,000 Crocker Nat Bank_ 2,000,000 8,389,190 31,360.911 130 106,877 1,100,704 100 177 185 Onion Ilk it Tr Co.. 223,242 2.797.869 100 650,000 Don'hoe-Kelly BCo First National Bank 3,000,000 82,204,890 323468020 100 230 240 611,442 13,359,775 100 120 French-Amer Bank 1,000,000 San Fran S it L Soc 1,000,000 2,650,000 68.201,299 1000 3700 i000 574,000 17,963,928 100 130 1,200,000 Humboldt Say 13k ARIZONA-Nat. banks Dec 31 State institutions hitsat returns. 332,705 11.494,719 - Italian-Amer Bank 1.250,000 Merchants' Nat Bk 1,500,000 8115,703 83,881,592 100 89 Per share Pu oonlz67,870 6.589,519 100 1;00.000 Mission Say Bank.. 900,000 £252.758 ,1 £3,280,072 100 369,586 4.898.095 250 /Vat Bk ol Arizona.. 750,000 Security 13k it Tr Co 200,000 v234.830 v3,615,373 100 Phoenix Nat Bank _ Wells Far Nev Nat 6,000,000 5,248,587 55,243,789 100 165 167% 100,000 211,227j 2,054,673 rkoenizS Bk it Tr.. Anglo-Calif Tr Co_ 1,500,000 1.021.034 35,181,381 100 159 500,000 174,447 5.188,322 Bank Valley Mercantile Tr Co_ 4,000,000 3,296,120 65,102,798 -- 252 704.014 21,986,761 50 First Federal Tr Co 1,500,000 banks May 5; State institutions latest returns. ARKANSAS-Nat Union Trust Co_ _ _ 1,200,000 2,277.532 32,853,206 800 2300 Per ;;;;;; San Jose Per share. Bank of San Jose_ _ 387,957 4,785,778 100 Little Rock300,000 750,000 ----- First National Bank 272,544 8,543,743 25 600,000 a403,517 a8,571,776 100 Am Bk of Com & Tr 200,000 42.373 1,023,735 ____ Central Bank 208,270 2,659,721 100 100,000 Security Say Bank_ 300,000 104,776 2,066,427 100 Ragland Nat Bank. 165,717 1,245,243 100 100,000 Security State Bank 300,000 Nat Bank 237,449 3,275,270 100 657,512 6,851,905 100 exchange 500,000 Gard C Bk it Tr Co 100,000 678.717 37,897 Commercial Trust Stoc kton 200,000 73,074 1.934,749 25 People's Say Bank.. 215,399 3,299,776 80 400,000 City Bank 300,000 85.976 3,925,555 100 313,830 5,463.488 Bankers Trust Co__ 500,000 Comm'l it Say Bk_ 500,000 Co.. 187,747 3,355,293 25 Southern Trust 200,000 a312,579 a965,593 100 First National Bank_ 400,000 381,707 5,333,394 100 Union & Mere TrCo 200,000 313.172 2,874.372 CANADA-See last page. W B Worthen Co__ Per share. Vine Blain300,000 235,727 1,538,275 Bank__ Anne' COLORADO-Nat. banks May 5; State institutions latest returns. 100.000 80.197 781.927 25 littonBelt S&T Co Per shore. 175,000 201,877 2,343,489 25 ____ Colorado Samlarch it Plant Bk_ 218,712 1,353,167 100 200.000 1283,972 12,570 791 100 50,000 Colorado Say Hank =mons Nat Bank 121.374 1,588,400 100 100,000 Colorado Spgs N B.. 291,403 4.915,473 1.00 300,000 Exchange Nat Bank C kLIPORNIA-Nat. banks May 5; State institutioni latest returns. 466,790 4,406,707 100 300,000 First National Bank 107,290 1,545,749 100 300,000 Colo Title it Tr Co_ Per share. Denver 327,733 8,373,708 100 500,000 Central S Bk it Tr.. Fresn0 500,000 1,818,070 25,939,713 100 Colorado Nat Bank 1,000,000 622,407 8,468,299 100 fidelity Tr & Denver Nat Bank 1,000,000 1,484,244 21,865,976 100 500,000 d975,179 e8,341,595 100 first National Bank 981.019 50,240 200,000 Drovers Nat Bank 200,000 £13,047 £1,741,295 Growers Nat Bank.. First National Bank 1,250,000 1,081,474 29,606,798 100 150,000 a314,330 a3,586,799 100 Union Nat Bank-55,311 1,574,336 200,000 Globe Nat Bank_ _ _ • 162,552 5,443,339 100 350,000 Per share. Hamilton Nat Bank Los Angeles 41,512 1,183,495 125,000 Merchants' Bank_ Citizens' Nat Bank 1,300,000 v1.583,730 v28905 122 100 310 189.779 11,649.669 100 250,000 500,000 8107,012 87,272,732 100 200 220 Stock Yards NatBk Conamorcial Nat Bk 824,477 13,483,712 100 400,000 300,000 U S National Bank 876,009 33,857,762 Jontinental Nat.... 398,777 7,608,773 100 500,000 Amer Bk it Tr Co__ Farmers it Mer Nat 1,500,000 2,351,690 31,916,122 100 360 395 250,000 2,344,197 1,000,000 Bankers Trust Co_ VIM National Bank 3,500,000 4,283,729 58,845,770 100 480 43,027 1,378,143 100 100,000 622,071 35,442,092 100 224 226A Hibernia Bk&Tr Co California Bank_ _- 2,000,000 38,149 1,059,369 240,000 000 Guardian Trust Co. 769,077 30,072,038 100 185 Merchants' Nat Bk 1,500 157,200 3,953.328 200,000 Home Say it Trust.. Security Tr & S Bk.. 7,220,000 4,380,787 139,338,995 100 279 285 877.990 13,345,726 100 --500,000 International Tr Co 1,425,000 526,503 36,429,968 100 Hellman Corn T it S 105,721 2,671,511 200,000 900,000 552,577 18,929,974 100 Interstate Trust Co Citizens Tr it S Bk Per ;gr.. LeadvilleaOu Ang Tr it 8 Bk.. 3,500,000 2,506,927 69,233,174 100 556,743 100 --24,721 100,000 200,000 American Nat Bank 155,397 2,664,291 100 180 190 SNational Bank.. 37,041 1,109,775 100 100,000 Nat Bk_ Carbonate 189,812 7.266,322 135 138 Union Bank it Tr-- 1,000,000 Pueblo 500,000 1,071,504 9,785,475 100 Per share. First National Bank Oakland 123,007 1,416,757 100,000 Western Nat Bank.. 600,000 1,016,007 23,139,386 30 Central Say Bank -200,731 4,199,739 100,000 Tr Co Pueblo Say it ) Central Nat Bank_ 1,001 ,010 1,368,850 17,017,724 100 190 210 300.000 45,177 3,550,302 100 Farmers it Mar Bk 600,000 a213.909 07,970,300 100 225 first National Bank 167,797 9,823,723 600,000 American Dank.... _ CONNECTICUT-Nat. banks May 5; State institutio is la sat returns. Usikland 13k of Say.. 1,500,000 1,637,947 42,292,972 75 Per share. BrIdgep ort100,000 216,077 1,247,915 100 State Sayings Bank 165 City National Bank 1,000,000 3965,620 87.369.243 109 162 170 81,989,764 s12480 734 100 16.5 2,000,000 First Nat Bk Pasadena 400,000 6,505,757 100 160 165 Bridgeport Tr Co.... 1,000,000 198,077 4.789,971 300,000 /flat National Bank 107,549 3.705,095 100 170 175 200,000 Amer Bank it Tr Co 57,000 1,768,341 100 100,000 :3ecurity Nat Bank.. 982.803 100 135 42,174 100,000 West Side Bank 300,000 £119,712 £4,369,707 Nat Bank it Tr Co.. Per share. Hartford221,172 5,846,738 800,000 Flret Tr it Say Bk_ 510,471 14,063,220 100 205 215 600,000 City Bank it Tr Co 635,839 3,061,331 30 160 150,000 Co Per share. Conn River Bkg Sacramento 210 , First National Bank 1,150,000 1,401,470 7,127,440 163 California Nat 13k_ 1,000,000 v522,240 v10286 311 100 Hartford-Aetna NB 2,000,000 3,241,099 15,675,727 100 250 260 362,077 10,362,796 600,000 California Tr it S B 125 62,507 1,634,634 100 300,000 Mutual Bk it Tr Co 255,000 4,722,748 100 350,000 farm it Mach S Bk Phoenix Nat I3ank_ 1,000,000 1,555,797 11.980,227 100 240 250 500,000 81,170,927 e6.133,704 100 iS B DO Mills & Co 869,394 6,106,520 100 400 400,000 State Bank it Tr Co 220,017 7,287,593 100 800.000 PeOple'a Bank 462,049 2.983,589 100 500 100,000 United States Bank 153,644 24,064,890 100 Sea-San Joaquin 13k 1,600 000 235,742 2,432,693 100 285 200,000 Fidelity Trust Co_ _ Hartfond-Conn Tr San Bernardino 2,000,000 2,719,941 15,001.349 100 360 50.000 Co 956,000 100,000 California State Bk 42,077 1,024,364 100 130 140 100,000 Park St Tr Co __ a73,441 al.737,002 100 feraaere' Ezell Nat 100,000 267,065 1,861,621 100 285 150,000 Riverside Trust Co. 480.240 3.117.995 100 400 300,000 Security Trust Co_ 152,212 3,483,816 100 100,000 Travelers B it TrCo Per share. New Haven108,847 2,177.005 100 200,000 Bway Bk it Tr Co 1,267,417 10,650,974 100 First National Bank 1,000,000 864,959 9.719,113 60 300,000 Mechanics' Bank__ 618,407 6,257,727 BO 500,000 Merchants Nat Bk New Hay Ba N B A 1,200,000 1,890,744 5,200,711 100 652.880 2.274.449 100 500,000 Nat Tradesm's Bk_ 750,000 1,047,017 5,896.779 100 Second Nat Bank_ _ 876.907 0,000,000 100 650.000 Un it N Hay Tr Co 311921. t Cap tab is to be increased. e Ex-dividend. h Ex-rights. 'e Includes First Fed. Tr. Co. stk s Dec. • Sale price. a June 30 1921. Sant. 6 1021. i Mar. 10 1922. r Dec. 311019 • April 281921. alrmingbain500,000 497,724 9,762,021 letter Tr & Say Bk_ 500,000 832,771 12,900,283 ;Iirming'm Tr it S.. lint National Bank 1,500,000 2,314,627 24.812,999 250,000 91,067 2,694,971 evaders' Nat Bank._ Per 1130 280 300 200 Per 56 BANKS AND TRUST COMPANIES [VOL. 114. LLINOIS-V st. baats .1f,ty 5; St its institutions titre( reta,n4 CONNECTICUT-(Concluded) Surplus ec Gross Capital. Profits. p Deposits. Par .1 8(4. 1 Ask. Aurora $ $ Norwich Nom inal. $ Per share Aurora Nat Bank.._ 100,000 309,904 2,459,442 100 Merchants' Nat Bk 100,00( 61,579 489,486 101. 110 First National Bank 100,000 231,344 2,907,716 100 Shames Nat Bank_ 1,000,00( 668,381 3,169,020 10( 140 American Nat Bank 100,000 8236,834 82,217,070 100 uncas Nat Bank __. I moor 52,877 561,347 1Of 105 Merchants Nat Bk_ 100,000 245,2771 2,090,443 100 Bankers'Trust Co... 100,000 26,621 519,907 125 135 140 Old Second Nat Bk 200,000 3228,724,81,280,179 100 Waterbury Per abate. Aurora Tr & Say Bk 100,000 72,499: 1,194,130 100 Citizens' Nat Bank 300,00( 264,379 2,910,042 100 140 150 Chicago Msnufac's' Nat Bk Per share. 300,00( 268,140 4,879.493 100 185 Aetna State Bank__ 200,000 92,370, 1,585,078 100 139 Waterbury Nat Bk 500,00( 521,074 2,629,994 50 78 82 Amer State Bank__ 600,000 275,397 5,020,490 100 194 200 Colonial Trust Co. 500,00( 1,023,899 5,575,077 100 283 Atlas Exch Nat Bk 200,000 58,437 1,434,073 100 ktercbants Tr Co.._ 200,00( 243,294 2,942,069 100 185 Austin State Bank. 200,000 198,714 4,948,770 100 225 250 Waterbury Tr Co__ 300,000 158,207 3,203,490 100 105 Calumet Nat Bank 300,000 178,277 4,725,592 100 190 Capital StateSayBk 200,000 85,477 2,745,442 100 195 205 DELAWARE -Nat banks May 5; State institutions latest returns. Central Mfg Dl. Bk 500,000 456,571 5,398,221 100 250 Citizens State Bk 250,000 Wilmington 169,324 4,208,007 100 190 Per Aare. Cont & Comm N B 25,000,000 Central Nat Bank_ 19,400,414 359584 930 100 '282 310,000 158,2771 1,242,979 100 125 130 Corn Exch Nat Bk_ 5,000,000 11,810,155 93,633,055 100 360 284 Yi Farmers' Bank_ _ _ 600,000 796,725 10,248,643 BO 110 120 Cosmopolitan St Bk 500,000 Nat Bk of Delaware 206,340 5,698,859 100 145 155 110,000 171,769 1,166,727 100 175 190 Depositors State 13k 300,000 Union Nat Bank___ 238,714 3,916,069 100 185 203,175 808.712 3,970,899 25 90 95 Drexel State Bank.. 350,000 Delaware Trust Co 268,2091 7,121,721 100 205 899,700 297,308 5,163,146 100 145 155 Drovers Nat Bank. 1,000,001 357,071113,094,482 100 200 Equitable Trust Co 600,000 903,271 3,995,249 100 275 300 First Englewood Security T&S D Co 000,000 871,976 4,940,969 State Bank 200,00( Wilmington Tr Co.. 1,000,000 1,202,740 11,169,944 100 245 255 99,242/ 6,295,053 100 140 50 120 125 First National Bank 12,500,000 17,058,707 186964 894 100 402 152 First Nat Engiew'd 150,000 509,877 a6,173,330 100 DIST. OF COLUMBIA-Nat. banks May 5; other insts. latest returns. Foreman Bros Bg Co 2,500,00( 2,315,735 36,460,592 100 Garfield Pk St S Bk 200,00( 80,294 4,317,325 100 200 Halsted St State Bk 200,00( Washington 108,499 1,993,326 100 163 176-Per share. Hyde Pk State Bk _ 300,000 American Nat Bank 600,000 219,494 4,036,493 100 180 190 355,562 4,668,417 100 135 165 Independ'e State Bk 200,000 Columbia Nat Bank 350,000 339,170 2,588,178 100 225 44,1871 3,207,177 100 200 Irving Park Nat Bk 100,00( Commercial Nat Bk 1,000,000 111,644 3,300,325 100 205 443,032 11,591,110 100 139 150 Kaspar State Bank Bank of Corn & Say 750,000 346,497 11,263,792 100 248 100,000 57,029 1,174,562 10 160 Lake View State Bk 300,001. District Nat Bank.. 550,000 5181,649 35,738,961 100 166 168 108,329 4,441,416 100 135 253 Lawndale State Bk. 250,000 Farm & Mech Nat 133,920 3,289,401 100 400 410 262,000 355,542 2,400,601 100 225 Lincoln State Bank 300,000 Federal Nat Bank_ 57,703 2,098,695 100 106 108 500,000 5138,542 s1,442,254 100 175 Live 51k Exch N Bk 1,250,000 1,317,939 14,047,729 100 205 Franklin Nat Bank 325,000 182,179 £3,230,792 100 Mad & KedStateBk 750,000 Liberty Nat Bank.._ 280,4271 4,142,954 100 250,000 70,761 2,096,876 127 Mach & Trad St Bk 200,000 Lincoln Nat Bank.. 150 91,070 1,625,737 100 800,000 5370,921 85,051,383 100 190 Nat Bk of Republic 2,000,000 Merchants' Bank_ 25,834,950 100 180 184 300,000 90,722 2,073,151 National City Bank 2,000,000 1,728,511 29,805,003 100 155 157 Nat Bank of Wash._ 1,050,000 1,684,329 732,377 8,225,119 100 189 200 Nat Produce Bank _ 600,000 Nat Capital Bank_ 154 200,000 8277,250 81,331,149 100 192 210 323,621 5,349,574 100 150 North Ave State Bk Nat Metrpo Bank_ 200,000 800,000 s107,779 811002916 71,972 6,919,084 100 148 151 Noel State Bank_ 1,000,000 Riggs Nat Bank___ 1,000,000 82,587,277 821636939 100 228 212,797 5,764,091 100 105 175 100 480 Ogden Ave StateBk 200,00t Second Nat Bank__ 59,277 1,200,725 100 110 12t 800,000 328.814 4,126,745 100 145 155 People's Stock Irds emu'Say&Com Bk 200,000 126,051 3,192,962 100 State 750,001. Amer &cur (lc TrCo 8,400,000 2,920,662 21.960,394 100 207 230 422,393 13,110,795 100 300 310 236 240 Phillip State Bank 200,00( Continental Tr Co.. 1,000,000 107,230 2,072,190 100 140 150 193,272 2,705,000 97 Pioneer StateSay Bk 200,001 Nat Say & Tr Co.... 1,000,000 1,990,86110,339,730 100 94 101,711 2,907,011 100 220 100 290 Reliance State Bank 300,061. Munsey Trust Co.... 2,000,000 160,304 6,181,310 100 285 _ _ 371,662 4,536,770 ___ _ Roseland State S B Union Say Bank..- _ 200,00( 115,077 3,272,398 100 160 _ 200,000 75,370 1,449,136 Schiff State Bank.... 200,000 Union Trust Co__ 2,000,000 195,973 3,952,773 100 275 300690,244 6,584,005 100 120A Second Security Bk United States S Bk 250,000 201,720 4,113,184 100 135 140 100,000 90M77, 1,949,094 Security Bank 500,000 Wash Loan & Tr Co 1.000.000 1,658.000 11,379,725 100 220 337,417 6,015,231 100 310 320 270 290 So Chicago Say Bk.. 600,000 285,000 6,184,997 100 185 South Side Tr & Say (500,000 211,370 6,215,660 100 190 265 PLORIDA-Nat. banks May 5, State institutions latest returns. State Bk of Chicago 2,500,000 4,841,087 41,886,166 IGO 410 420 Stock Yds Say Bk_ 300,000 448,717 7,443,902 100 450 500 Union Bank of Chic Jacksonville 500,000 204,507 4,537,369 100 131 136 Per shar; United State Bank.. Atlantic Nat Bank_ 200,000 81,727 1,489,341 100 140 350,000 1,322,074 20,371,445 100 Washington Pk N Bk Barnett N B of Jack 300,000 292,889 7,243,237 100 250 750,000 775,397 12,081,001 100 West Englewood Florida Nat Bank.... 600,000 454,520 13,274,290 100 Trust & Say Bk_ 350,000 Tampa 166,674 3,50-1,479 100 200 228 West TownStateBk 250,000 Citizens Am Bk&Tr 1,000,000 126,774 3,498,647 100 200 463,477 7,630,790 100 Central Tr Co of El 0,000,000 2,022,474 66,340,900 100 180 ii"5". Bank of Commerce 100,000 25,448 539,275 CenturyTr&Sav Bk 500,000 Exothange Nat Bank 133,591 3,424,216 -250,000 e538,471 e4,180,191 100 ChicCityBk&TrOo 500,uuk, VIM National Bank 849,729 6,254,777 IOU 310 400,000 3340,791 86.452,462 100 Chicago Trust(Jo... 1,500,00( 789,667 12,805,938 100 145 Cont & Corn T&S B 5,000,000 7,509,917 80,129,973 100 Drovers Tr&Say Bk 250,000 301 001 6,206,779. 100 270 011ORGIA-Nag.banks May 5, Male institutions latest returns. Fidelity Tr & S Bk_ 400,000 56 337 2,573,712 100 173 179 First Tr & Say 13k. 6,250,000 8,349 773i91,223,717 100 ----. Franklin Tr & S Bk 300,000 Atlanta 200 364 8191 4,002,715 100;_.. Per share Greenebaum Sons' American Say Bank 1 1 100,000 46,277 325,701 100 95 Bank & Trust Co 1,500,000 1,236 723 17,863,702 1001 900 410 Atlanta Nat Bank.. 1,000,000 1,965,792 20,357,796 100 300 100 325 Guarantee Tr & Say 200,000 Central Bk&Tr Cor 1,000,000 186 019 1,947,3641 100 200 210 693,224 9,078,278 135 Harris Tr & Say Bk 3,000,000 3,779,760 35,519,100 100 340 350 Citizens dc Sou Bk. 2,000,000 2,769,719 37,404,062 100 225 150 Home Bk & Tr Co. 800,000 Fourth Nat Bank_ 1,200,000 2,390,518 19,460,722 100 270 250 339,442 8,032,173 1001 275 280 280 Illinois Tr & Say Bk 5,000,000 12 732,699 152750 7371 100 360 Milton Nat Bank.... 760,000 346,884 5,217,745 100 125 135 Kenw'd Tr&Sav Bk 200,000 Ga Say Bk & Tr Co 305,009 4,552,990 100 500,000 141,000 1,065,000 100 125 135 Kimbell Tr & S B_ 200,000 Lowry Nat Bank.... 1,000,000 1,793,104 14,071,741 100 245 250 65,090 2,076,456 100 145 150 Lake Shore Tr & SB 300,000 Atlanta Trust Co.... 1,300,000 92,372 2,397,4711-- 155 184,444 1,364,477 100 105 110 Lakeview T & S Bk 500,000 573,1.02 8,745,966 100 260 • ___ Trust Co of Georgia 1,000,000 1.864,277 2,609,059 100 300 320 Liberty Tr & S Bk_ 350,000 135,662 6,702,7521 100 250 260 Augusta Per share. Lincoln Tr & Say B 200,000 102,276 2,271,670, 100 100 Augusta Say Bank.. 100,000 45.797 978,728 100 160 Market Tr & Say.... 200,000 59,817 1,400,702 100 125 135 Georgia RR Bank_ 1,000,000 307,701 6,446,727 100 200 Mercantile Tr & Say 400,000 208,876 5,799,736 306 105 Citizens & Sou Bk. 3,000,000 2,769,719 37,404,062 Merchants L&TrCo 5,000,000 11,846,447 108808 794 100 360 Nat Exchange Bank 400,000 314,572 1,934,177 100 135 145 Mid-City Tr & S Bk 750,000 191,520 9,118,224 100 220 Union Say Bank.._. 100,000 85,000 1,400,000 100 150 Northern Tr Co Bk 2,000,000 4,534,000 41,599,997 100 310 320 Columbus Per shlre Northwn Tr & S Bk 1,000,000 487,677 15,057,717 100 250 Columbus Say Bk. 150,000 200,000 2,245,000 100 150 People's Tr&SayBk 1,000,000 704,077 13,427,873 10) 200 210 Fourth Nat Bank... 300,000 e177,776 e909,971 100 135 140 Pullman Tr&SayBk 300,000 379.477 5,614,241 100 200 220 Home Sayings Bank 50,000 40.796 1,306,744 100 150 160 Sheridan Tr Say Bk 500,000 332,807 7,201,231 100 300 310 March & Mach Bk. 100,000 223,901 1,457,971 100 175 180 200,000 Sou West Tr & Say_ _ First Nat Bk of Col. 96,572 3,379,787 100 150 100,00V 249.497 903,941 100 145 150 Stand'd Tr&Say Bk 1,000,00)) 802,777 10,527,900 100 150 156 ThirdNationalBank 500,000 556,527 1,483,970 100 160 175 Stockmen'sTr&SBk 200,000 140,837 1,983,530 100 160 175 Macon Per 2,000,000 2,817,690 45,289,773 100 315 325 Union Trust Co Bibb National Bank 100,000 834,000 8865,000 100 85 92 700,000 W Side Tr & Say Bk 200,624 10,764,715 100 280 Citizens & Sou Bk. 2,000,000 2.769,719 37,401.072 220 210 WoodlawnTr &S Bk 400,000 1159,9 138,19 5,919,459 100 265 270 737 Fourth Nat Bank... 500,000 631,379 8,019,736 100 142 152 Elgin Per Macon Nat Bank__ 150,000 e141,741 e2,024,792 100 135 145 100,000 Elgin Nat Bank...... 850,000 8967,967 106 Savannah -h APr, 013 , First National Bank • 200,000 /1,424,701 100, Citizens'& Son Bk_ 1,000,000 2,769,719 37.401,062 100 225 Home Nat Bank...... 150,000 251,524 1,902,155 100 Commercial Bank 100,000 61,039 1,030,984 100 Union Nat Bank...... 100,000 $40,000 8550,000 10i Exchange Bank__ .". 250,000 151,970 2,182,943 100 150 Elgin City B'k'g Co 100,000 223,229 2,068,374 . Liberty Bk & Tr Cc 300,000 527,849 2,511,652 100 175 200 100,000 Home Tr dr Say Bk 124,099 1,399,569 -165 Mercantile Nat Bk. 800,000 854,377 8300,000 100 100 110 Peoria Oglethorpe Say &Ti 150,000 233,340 1,140,259 100 300,000 Central Nat Bank.. 598,637 5,009,779 10( Amer Bk & Tr Co_ 200,000 15,957 412,165 100 750,000 81,535,634 .96,202,242 100 Commercial Nat Bk SayannahBk&TrCc 700,00( 884,079 3,362,655 100 190 200 250,000 Dime Say & Tr Co.. 267,901 2,886,770 Citizens' Trust Co_ 100,000 101,931 734.390 100 125 130 550,000 First National Bank 869,477 5,025,275 100 Chatham Bk&TrCr 500,000 127,405 1,751,678 100 95 too 250,000 Home Say dr State.. 194,677 2,640,669 100 400,000 State Tr & Say Bk_ 172,627 1,651,223 -----• • 500,000 Merchants & Ill NB 578,662 5,003,266 -ia 200,000 First Tr & Say Bk_ 437,077 2,797,440 100 Quincy 300,00( 109,371 2,398,728 100 Illinois State Bank.. IDAHO-National banks May 5. 100,000 v119,001 v1,226,799 100 -----Quincy Nat Bank.._ 500,000 393,874 4,051,799 100 Riker Nat Bank...... 100,000 100,000 2,100,000 100 Mercantile Tr & S B Boise City 612,777 6,431,661 100 State Say L & TrCo 1,000,000 Boise City Nat Bk_ 250,000 226,830 3,505,999 100 First Nat of Idaho.. 300,000 347,557 4,989,143 100 Pacific Nat Bank_ _ 100.000 p1.21.507 el.942.375 inn Capital. Surplus & Gross Profits. Deposits. Par Bid. Ask. • Sale price a Mar 10 1922. b Capital to be increased. p Capital paid in authorized amount is larger s Ex-dividend y Last sale. 4 Au'. 00 1919. s Sept. 6 1921. n Apr. 16 1920, 5 Dec. 311921, t June 30 1921. • April 28 1921. t Includes trust deposite. IlBranch of Savannah. BANKS AND TRUST COMPANIES JUNE, 1922.] ILLINOIS-(Concluded) 57 I OWA-(Concluded) OTOSS ourplus tt Profits. Deposits. Per. Bid. Capital. Ad. Gross Surplus Cayital. 0 Profits. Deposits. Par. Bid. Ask. No veinal pries• $ $ Sioux City$ .58,013 .1,149,831 100 250,000 Per share. Continental Nat Bk $ $ $ Rockford600,000 n156,412 n8,984,677 100 First National Bank n53,471 n172,774 100 200,000 _. Commercial Nat Bk 31,597 1,545,251 100 200,000 Iowa State Say Bk_ 300,000 .272,004 .2,143,433 100 Forest City Nat Bk 200,000 n123.240 n2,590,206 100 Live Stock Nat Bk_ 400,000 8485,477 83,088,920 100 Kanuns Nat Bank 200,000 n131,793 n2,924,209 100 Toy Nat Bank 225,814 n2,282,712 100 250,000 Peoples Bk dr Tr Co 250,000 8263,837 82,785,706 100 Sioux Nat Bk 750,000 n774,887 n7,203,311 100 425,422 3,649,792 100 Rockford Nat Bank 250,000 Security Nat Bank_ 467,899 100 n59,397 200,000 -.50,000 205,401 2.903,223 100 Security Nat Bank_ Woodbury Co S Bk 100 125,000 n184,270 n2,059,490 72,907 2,079,745 100 250,000 Swedish-Am NatBk L & Tr Co Farmers' 500,000 n365,292 n3,363,775 100 824.725 44,989 ThirdNationalBank 100,000 First Trust dr S Bk_ Per share. SpringfieldKANSAS-Nat. banks May 5; State institutions latest returns. 500,000 .136,403 84,665, 22 100 first National Bank 108,307 3,358,745 100 800,000 Minot° Nat Bank_100 221.201 5,832,597 Per short 600,000 EtIdgely-Farm's 8 B Kansas City 470,874 4,778,768 100 500,000 670.307 0,569,741 100 460 800,000 Ip'gfield Marine Bk Commercial Nat Bk 197.619 5.056.131 100 /1903100 Mat RtatA Tr.k Rav 98,924 2.684.179 100 200 200,000 Exchange State Bk. 107,571 1.959.702 100 160 200,000 People's Nat Bank_ latest returns. 509.734 100 300 133,797 125,000 Kansas Trust Co_ INDIANA-Nat. banks May 5, State institutions Per share. EvansvilleTopeka 275,441 7,125,409 100 500,000 315,471 5,568,770 10 310,000 'Minns' Nat Bank Bank of Topeka 50,000 3,462,775 100 500,000 143,321 4,233.772 100 500,000 National City Bank Central Nat Bank. 115,000 2,388,925 100 200,000 33,346 1.059,091 100 effercantileCom'iBk 100,000 Farmers' Nat Bank 53,776 1,269,982 100 100,000 204.077 3,957,072 100 North Side Bank__ 200,000 s' Nat Bk Merchant 417,707 6,767,772 100 500,000 55,000 1,250.000 100 Old State Nat Bank 60,000 Shawnee State Bk_ 176,492 3,001,070 100 100,000 63,500 2,250,000 100 Vest Side Bank___ 100,000 State Sayings Bank 214,270 2,274,731 100 200,000 173,694 1,338,127 Am Tr & Say Bank 400,000 Central Trust Co__ 926,760 100 57,217 100,000 601,735 -165 192,094 3Itizens Tr & S Bk. 100,000 Per share. Prudential Trust Co Port Wayne 10,558,707 100 541,991 1,000,000 :first Nat Bk Wichita 800,000 n318,998 4,542,497 100 Lincoln Nat Bank_ 182.900 5.830,733 100 150,000 Amer State Bank 353,070 6,450,074 100 880,000 Old National Bank_ First National Bank 1,000,000 1,009,124 12,503,119 100 63,471 2,456,994 100 200,000 709,195 100 Trust Co_ 151,372 Oltizens' 100,000 First Trust Co 201,622 2,610,755 100 200,000 256,844 9,681,244 100 People'sTr &Say Co 1,000,000 Fourth Nat Bank_ 281,779 9,908,995 100 600,000 896,715 100 L & Tr Co 71,297 Tri-State 100,000 Merch Res State Bk Indiana!)oils Ranch'ns State Bk 49,101 1,715.476 100 800,000 900,000 100 80,000 Commercial Nat Bk 600,000 & Trust Co 186,818 4,222,766 100 400,000 70,000 1,400,000 100 Continental Nat Bk 200,000 Southwest State Bk 7 100 Am NatBk 2,000,000 1,456.472 20,057.949 100 n1,100,000 100 Fletchern35,000 200,000 Union Nat Bank_ _ 22,800,81 £502,721 100 Indiana Nat Bank_ 2,000,000 2,305,204 £33,419 100,000 Union Stk Yds Nat 965,320 100 171,529 100,000 Live Stock Each Bk 1,092,117 11,185,687 100 Merchants' Nat 13k 1,000,000 100 196,977 3,345,630 200,000 Meyer-Kiser Bank_ 291,027 4,237,964 100 National City Bank 1.000,000 KENTUCKY-Nat. banks May 5; State institutions latest returns. 96 027 1,846,719 100 1nn,000 State Bank People's Per share. 102,463 2,024,410 100 250 000 Covington Aetna Tr & Say Co._ 100 170 85,799 1,476,887 250,000 200,000 020.0001 11,701,966 100 150 130 Citizens' Nat Bank Bankers Trust Co_ 160.097 1,633,244 100 0 100 120 3j0,000 600,000 £197,390 £3,955,74 First National Bank Farmers Trust Co_ 75,000 1,816,791 100 100,000 350,000 8144,700 13,261,948 100 117 120 Liberty Nat Bank_ Trust Co- _ Fidelity 611,334 14,035,799 100 74,449 1,332,923 100 141 100,000 Covington S B & Tr Fletcher Say & Tr_ 1,500,000 115 856,971 9,053,989 100 86,637 1,120,659 100 1,000,000 100.000 People's S Bk & Tr Indiana Trust Co 117,907 2,569,718 100 150,000 State Say dr Tr Co_ Per Aare. 122,670 2,350,374 100 100,000 Trust Co. Lexington Security 914,292 4,856,206 100 325,794 2,398,649 100 175 180 500,000 300,000 Fayette Nat Bank_ UnionTrust Co__.. 42,897 1,490,510 100 495,497, 3,243,287 100 173 175 100,000 800,000 First & City Nat Bk Wash Bank & Tr Co 90,090 3,339,929 100 375294 1 2,917,857 100 138 140 100,000 800,000 Wild & Co State Bk No minal prices Phoenix & Third N B 204,799 1,158,454 100 210 215 150,000 Second Nat Bank__ Terre Haute 461,147 3,213,743 100 700,000 171,640i 1,352,705 100 295 300 500,000 Security Tr Co-flat National Bank 3 100 800,000 n194,077 n2,900,775 100 Nat Bank acKeen Per shore. 830,000 n278,940 n2,113,13 Louisville Terre Haute Nat Bk 285 715,491 6,996,076 100 500,000 Citizens' Union N B 1,000,000 2,068,740 19,188,974 100 280 285 Terre Haute Trust_ 151,417 4,214,714 100 000 8,889.704 100 275 500 500,000 343,147 15,486,920 100 First National Bank United States Tr Co 470 825,047 500,000 Liberty Ins Bank__ ns latest returns. 280,609 2,126.377 100 250 200,000 Security Bank IOWA-Nat. banks May 5: State institutio 279,017, 3,574,705 /100 Kent Tit S B & TCo I/250,0001 90 1100 to100.000f Per share. 135,0001 2.900,0001 100 126 130 Burlington 500,000 Lincoln Say B dr Tr 500,000 3,800,000 100 800,000 n227,622 n4,770,384 100 144 Tr Co 500.000 Amer S Bk & Loulsy Nat Bk 52,337 2,057,041 100 300 100,000 Burlington Say Bk_ Nat Bk ofKentucky 2,500,000 3.755,977 35,237,096 100 290 201.697 2,972,501 100 400,000 984,999 100 190 80,020 100,000 First National Bank Stock Yards Bank 302,659 4,674,017 100 200,000 1 871,148, 3,069,958 100 Iowa State Say Bk_ Fidelity & ColumTr 2 000,000 106,779 1,536,141 100 100,000 209,886' 2,792,973 100 150 806,100 Merchants' Nat Bk Louisville Trust Co 113,107 1,158,795 100 103 350,000 Cedar RapidsUnited States Tr Co 500,000 v333,607 v9,544,715 100 Ued Rapids Nat Bk 194,544 3,008,172 100 Per share 200,000 Cod Rapids Say Bk Newport 87,740 2,421,702 100 200,000 Bk_ 100,000 n134,077 n1,268,723 100 185 200 Iowa State Sav American Nat Bank 8757,000 88,000,000 100 217 500,000 100.000 n200.000 n1,685,954 100 Merchants' Nat Bk Newport Nat Bank 27,498 1.547,335 100 100,000 People's Say Bank_ 174,874 2,492,912 100 returns. 100,000 Security Say Bank_ LOUISIANA-Nat. banks May 5; State institutions latest 116.973 3,203,860 100 200,000 Amer Tr & Say Bk_ Per Council Bluffs Per der. 105,977 1,771,258 100 120,000 New OrleansOily National Bank 40,777 1,026,419 100 140,000 3,000,000 600,000 100,000 Lm Liberty Bk tic Tr Commercial Nat 13k 253,697 3,672,275 100 362,224 7,774,049 100 165 150,000 :itizens'Bk & TrCo 1,000,000 Omen Bluff Say Bk_ 200,000 e312,771 e3,370,226 :anal-Commercial Vint National Bank 3 100 218 230 159,217 2,851,123 100 50,000 Trust & Say Bk_ 4,000,000 2.650,970 52,316,79 0 100 271 State Savings Bank 817,471 11,339,21 Per share. 750,000 nt-State Tr & B Co Dave n p ort-. 940,759 16,322,672 100 181 P00,000 1,210,000 15,800,000 100 twine Bk & Tr Co 1,500,000 Amer Corn Say Bk_ 29,961,309 100 286 501.944 5,290,491 100 800,000 Thitney-Cent N B 2 800,000 2,904,887 40,344,221 100 368 Davenport Say Bk_ 294,537 3,657,270 100 300,000 ['hernia Bk&Tr Co 2,000,000 2,604,290 First National Bank 50,977 958,997 100 50,000 Vhitney-Cent Tr dr Home Say Bank_ _ _ __ ...__ _ ___ _ 310,420 4,043,958 100 748,440 22,840,705 4'0,000 11 Savings Bank__ 1.000,000 Iowa National Bank 145,000 1,250,000 100 180,000 Security Say Bank_ Per shore 385,177 5,716,391 100 250,000 ShreveportScott Co Say Bank_ 919,979 100 546,569 4,834,712 100 100,000 • 47,510 400,000 merican 13k&T Co Union Savings Bk_ 54,019 993,719 100 150,000 n70,247 n2,157,796 100 100,000 merican Nat Bank Citizens' Tr dr S Bk 4,245,702 500,000 274,877 12,005,703 100 1lty Say Bk& Tr Co 402,212 Per share. :ommercial Nat Bk 1,000,000 Moines Des 323,290 3,042,798 100 8'40.000 8300,000 200,000 :xchange Nat Bank Bankers Trust Co__ 1,000,000 51,117 2,482,901 100 150,000 irst National Bank 1,000,000 8452,309 89,183,768 100 Cap City State Bk_ 343,497 6,659,115 100 105,945 2,062,710 100 300,000 250,000 :outing B dr Tr Co Central State Bank 54,167 3,081,728 100 200,000 Commercial Say Bk t323,667 t12202,798 100 Des Moines Nat Bk 1,000,000 238,767 5,206,174 100 400,000 Des Moines BB T 568.936 100 75,000 MAINE-Nat. banks May 5; State institutions latest returns. Des Moines Tr Co_ 94,937 2,686,779 100 50,000 Some Savings Bunk 52,540 1,633,772 100 50,000 Per shore Iowa Tr & Say Bk_ 2 Bangor Iowa National Bank 1,200,000 £1,253,54 t10938,731 100 400,000 n494,029 n5,814,960 100 140 150 50,009 1,819,971 100 First National Bank 100,000 Mechanics' Say Bk 100,000 v265,939 v1,476,423 100 280 350 s' Nat Bk 314,197 4,011,676 100 Merchant 100,000 People's Say Bank_ 970,047 8,876,871 100 325 175,000 29,377 531,771 100 Eastern Tr&Bkg Co 50,000 University State Bk 516,997 9,081,985 100 280 300 500,000 468,474 3,383,911 100 Merrill Trust Co_ _300,000 ',alley Nat Bank__ 254,599 1,925.919 100 50,000 Per share. Valley Say Bank.... 585,710 t7,024,949 100 Portland 500,000 Iowa Loan dc Tr Co 600,000 n550,177 n2,792,870 100 114 115 Per share. Canal Nat Bank_ _ _ n85,777 n3,434,309 100 130 140 200,000 Nat Bank Chapman Dubuque 501,377 6,705,922 100 118 120 600,000 £33,725 £1,728,345 100 First National Bank 125,000 Dubuque Nat Bank 655,471 8,369,690 100 200 220 300,000 74,927 1,312,431 100 Portland Nat Bank 75,000 Dubuque Say Bank 1.426,529 17,879,946 280,571 3,232,938 100 Maine Say Bank 200,000 Pint National Bank 843,001 13,851,710 100 215 218 400,000 93,834 1,038,967 100 Fidelity Trust Co__ 150,000 Pioneer Tr&Say Bk 330,307 7,585,342 100 143 145 500,000 Casco-Merc'tlle Tr_ 277.449 2,666,941 100 150,000 970,741 100 190 220 Union Tr & Say Bic 374,947 250,000 Co Union S D & Tr 225,000 2,400,000 Imo 300,000 Tr 416 Say Bk_ tows 197.729 2,176,201 100 150 180 150,000 80,714 1,462,796 100 U S Trust Co 200,0001 Second Nat Bank__ n Dec. A1 1921. r Nov. 1 1918. 'includes a Includes one-half share of Kent Title S. B.& Tr. coin. stock. a Ex-dividend.stock. e Unified includes Citz-Union Fid. •Sale price b New Preferred. s. v March 10 1922 y Last sale. I Nov. 15 1920, J Common. p debenture Clime 30 1921. Uol. Tr. •April 28 1921 58 BANKS AND TRUST COMPANIES MARYLAND-Nat.banks May 5; Stags institutions latest recurne MASSACHUSHTTS--(Conciuded) Surplus Gross Capital. dr Profits. Deposits. Pur. Bid. :Ask. . -----------Baltimore$ 2 Per 0,,,, $ Bait Comm'l Bank.. 750,000 299,692 6,331.311 100 ____ k 121 Calvert Bank 100,000 151,391 6,271,909 k 125 Citizens' Nat Bank 2,000,000 6,248,700 17,579,890 50 10 1 43 CommonwIth Bank 200,000 162,044 4,863,936 30 1 90 Droy & Mechanics' National Bank__ 600,000 797,344 11,322,703 100 ____ 1 249 Farm de Mer N Bk_ 650,000 1383,344 14,229,031 40 ____ 1 48 Mercantile Bank_ 100,000 203,042 3,206,502 23 Merchants Nat Bk. 4,000,000 .2,311,477 .36155742 10 k 20 Nat Bank of Baltim 1,500,000 .1,126,272 e14195773 100 1 175 at Cent Bk of Ball 400,000 437,917 2,927,775 100 1135 Nat Exchange Bank 1,300,000 1.442,917 11,181,972 100 1140 Nat Marine Bank__ 400,000 .296.474 v2,919.197 30 1 40 Nat Un Bk of Md__ 1,000,000 886,210 9,812,811 100 1140 Did Town Nat Bk_ 350,000 v268,244 v2,601.862 10 k 13 Park Bank 300,000 140,144 2,458,047 10 Second Nat Bank__ 500,000 1,515,559 2,893,245 100 k 290 Western Nat Bank.. 500,000 .627,297 4,108,213 20 1 20 Atlantic Trust Co__ 500,000 610,229 2,633,990 Baltimore Trust Co 1,000,000 2,227,322 12,889,723 50 k 152%; Colonial Trust Co.. 300,000 92,209 1,449,700 21 1 33 yj Commerce Tr Co.... 7130,000 246,002 1,184,917 100 Continental Tr Co. 1,350,000 1,622.589 8,425.279 100 1 163 Fidelity Trust Co__ 1,000,000 1,905,981 14,473,772 100 1 299 Maryland Trust Co 1,000,000 498,311 0,231,794 k 115 Mere Trust & Dep_ 1,500,000 3,522.747 16,086,376 100 50 Equitable Trust Co 1,250,000 954,174 14,392,026 25 1 3031 Safe Dep dc Tr Co__ 1,200,000 3,126,977 14.493,604 100 k 510 lecurityStoegeecTr 200,000 179,312 921,091 100 k 17031 Title Guar St Tr Co 200,000 435,402 5,679,019 100 k 205 Union Trust Co-_ 550,000 650,796 10,272,791 50 k 9131 FrederickCitizens' Nat Bank Commq State Bank Farm & Mech N Bk Fred'k Co Nat Bk_ Irfk Town Say Inst Central Trust On.. 100,000 160,000 125,000 150,000 k150,000 230,000 v532,077 77,500 v166,507 .46,527 172,078 361,179 [VoL. 114. Per v5,366,485 100 500 2,705,779 100 v2,501,905 25 58 81.394,196 15 18 2,482,130 100 190 4,709,044 50 share ----. _---. 100 MASSACHUSEITTS-Nal.bks.(e2c.Bosion)May 5; State inst latest return. Boston!Deposits of Nat. banks date A pr.2O 1922 Per share Back Bay Nationall 200,000 17,294 n1,3-16,563 100 130 Boylston Nat Bank 700,000 604,474 11.820,324 100 130 140 Citizens' Nat Bank 750,000 421,571 n4,161,599 100 100 110 Commercial Nat Bk 250,000 373,021 2,575,000 100 160 First National Bank 15,000,000 22,164,343 155861000 100 304 308 Fourth-AtlanticNat Bank 2,000,000 3.559,841 24,534,000 100 260 270 Mattapan Nat Bk_ 200,000 n1.619,669 105 Merchants' Nat Bk 3,000,000 5,579,400 53.030,000 100 270 275 100 Nat RockBk of Rox 300,000 322,414 n7,069,436 100 285 310 Nat Security Bank_ 250,000 v1,112,877 2,745 000 100 450 Nat Shawmut Bank 10,000,000 11,694,100 126855000 100 Nat Union Bank.. _ _ 1,000,000 1,635,217 11,467,000 100 232 235 182 190 Oceanic Nat Bank.. 2,000,000 v92,597 v955,800 100 People's Nat, Roxb 300,000 400,347 n8,802,650 100 173 185 Second Nat Bank__ 2,000,000 4,231,110 29,722,000 100 300 310 Web Sz Atlas N Bk_ 1,000,000 1,561,144 9,922,000 100 190 195 American Trust Co 1,500,000 2,707,279 23,583,702 100 310 320 Beacon Trust Co.._ 600,000 1,650,477 19,308,770 100 Boston S Dep & Ti 1,000,000 3,638,270 15,631,190 100 255 265 4:35 Charlestown Ti Co 200,000 54,407 739,744 100 90 100 Columbia Trust Co 100,000 83,497 802,778 100 105 175 Comm'w'th Tr Co.. 1,500,000 1.318,247 28,173,444 100 180 185 Exchange Trust Co 1,000,000 1.265,219 15,336,788 100 190 200 Federal Trust Co.__ 1,000,000 399,471 12,003,798 100 95 100 Hub Trust Co 500,000 72,837 2,158.065 100 100 115 International Tr Co 2,000,000 2,906,141 32,132,994 100 295 305 Jamaica Plain Tr.._ 200,000 55,091 1,972,273 100 125 Liberty Trust Co.._ 750,000 .-821,633 10,633,421 100 180 j,000 Market Trust Co 400,000 196,349 3.376,733 100 135 Massachusla Tr Co 1,000,000 809,007 14,500,223 100 150 Metropolitan Tr Co 600,000 557,342 5,944,265 New Eng Trust Co._ 1,000,000 2,852,417 22,582,002 100 100 Old Colony Tr Co.._ 7,000,000 10.578,739 114097798 100 400 255 245 Roxbury Trust____ 200,000 41,197 672,987 100 South Boston Tr Co 200,000 82,632 2,908,293 100 State St Trust Co__ 2,000,000 3,252,769 33,378,373 100 U S Trust Co 1,000,000 1.202,772 15,733,734 100 300 Winthrop Trust Co 100,000 51,844 1.177,272 100 Beverly Per share. Beverly Nat Bank_ 800,000 v261,679 v2,106,175 100 Beverly Trust Co-100,000 49,500 910,000 100 Brockton Per share. Brockton Nat Bank 500,000 515,121 6,007,332 100 Home Nat Bank.... 500,000 469,230 7,396,993 100 Plym'th Co Ti Co_ 200,000 120,944 4,828,483 100 Surplus d; Gross Profits. Deposits. Par. Bid. Capital. 4211 oucesterCape Ann Nat Bk_ Cape Ann Say Bank Gloucester Nat Bk.. Glouces S D Tr Co- 150,000 100,000 200,000 174,960 303,079 141,779 318,747 2,149 615 103 4,017.707 1,438,306 100 2,934,482 100 Haverhill Essex Nat Bank.._ _ First National Bank HaverhIll Nat Bank Merrimack Nat Bk Haverhill Trust Co 100,000 200,00)) 200,000 240,000 200,000 219,707 316,572 701,414 380,649 141,479 1,669,946 3,510,700 3,565,703 1,486,727 2,425,129 800,000 200,000 100,000 500,000 317,898 522,907 v134,000 369,477 3,365,724 7,790,976 v1,200,000 4,771,446 100 100 100 100 Lawrence Bay State Nat Bk Arlington Trust Co Lawrence Trust Co Merchants' Tr Co 375,000 200,000 100,000 300,000 v180,474 98,199 92,790 321,790 v3,582,440 3,715,639 7,717,774 0,295,044 300,000 200,000 350,000 250,000 240,000 200,000 £336,000 (3179,747 707,009 v160,327 145,000 80,509 11,700,000 v4,101,712 4,231,955 v677,094 2,320,000 4,066,106 100 100 100 100 100 100 Lynn Central Nat Bank.. Manufac'rs Nat Bk National City Bank State National Bank Essex Trust Co.._ _ _ Lynn S Dep dr T Co Security Trust Co 200,000 200,000 200,000 200,000 250,000 100,000 200,000 1525,017 154,769 1231,579 119,837 350,000 349,844 480,771 0,420,146 4,949.423 15 004,770 11,453,773 3,000,000 3,969,956 7,701,147 100 100 100 100 100 100 100 Per share. 100,000 200,000 400,000 219,496 3.372,749 100 691,014 7,124,492 100 607,520 7,841,225 100 B. CambridgeLechmere Nat Bank 100,000 o145,937 01,298.341 100 Fall River Fall Riv Nat Bank.. First National Bank M assasolt-Pocasset National Bank__ Metacomet Nat Bk Durfee Trust Co..... FitchburgFitchb'g Bk&Tr Co Safety Fund N Bk_ Per share. 539,640 4,954,199 100 145 519,370 2.567,447 100 210 650,000 750,000 400,000 699,877 5,730,216 100 150 469,720 3,951,962 100 727,103 3,450,082 100 210 500,000 Per share. 492,597 4,409,371 100 150 100 047,209 3,988,019 100 325 350 noq,000 120 I share. Per 119 110 235 107 100 150 I share. 123 113 110 155 I' share. , 230 150 160 190 375 220 New Bedford Pe! share. First National Bank 500,000 988,897 9,090,172 100 Merchants' Nat Bk 1,000,000 1,631,197 6,010,170 100 210 300 N Bed S D & Ti Co 300,000 634,710 3,679,840 100 320 330 Peabody Pt share. Warren Nat Bank.. 200,000 190,329 2,014,793 100 SalemPe sham Merchants Nat Bk_ 200,000 £332,877 12,543.757 50 Naumkeag Tr Co.. 250,000 314,311 4,815,703 100 Salem Trust Co-200,000 51,274 1,465,608 100 Springfield Chapin Nat Bank__ 500,000 501,097 3,684,773 Chicopee Nat Bank 500,000 £753,394 17,520,133 Springfield Nat Bk_ 500,000 1,060,749 9,174,619 Third Nat Bank 1.000,000 v1,425,229 v12063917 Commercial Tr Co 350,000 172.874 3,287,712 Springfield S D & T 500,000 1,420,091 7,546,971 Union Trust Co.. 500,000 1,626,829 11,160,995 TauntonBristou County Tr.. 300,000 100 100 100 100 100 100 100 145 228 260 225 120 260 325 146 232 265 136 270 Po^ share. 188,019 2,016,274 Worcester Mechanics' Nat Bk 200,000 681,279 10,425.437 Merchants' Nat Bk 1,000,000 1,337,0371 16,673,187 Park Trust Co____ 350,000 130,000 6,507,91 Worcester Bk Tr Co 1,500,000 1,707,844 27,015,768 100 100 100 100 Per 275 197 175 203 share. 200 190 208 MICHIGAN-Nat. banks May 5; State institutions latest returns. Bay City Bay City Bank People's Commercial dc Say Bank_ Detroit Amer State Bank_ Bank of Detroit.. Central Say Bank Cotninercial St S Bk Cona'wealth Federal Savings Bank.. Detroit Say Bank.. Dime Sayings Bank First Nat Bank...... FirstState Bank_ Merchants' Nat Bk Nat Elk of Comm'co Peninsular State Bk Per share. People's State Bank United Savings Bk WayneCoHoSayBk Bankers Trust Co.. Detroit Trust CoPer share. Security Trust Co_ Union Trust Co_ 400,000 400,000 Per share. 122 128 190 110 175 I... .. Per 250,000 275,760 4,117,455 100 400,000 1,000.000 1,000,000 1,000,000 1,000,000 469,629 14,862,890 100 527,299 22,363,397 100 410,030 18.052,675 100 200,000 2.270,322 Per sae( I. 731,214 7,540,136 100 750,000 1,500,000 1,500,000 5,000,000 1,000,000 2,000,000 1,500,000 2,500,000 3,000,000 500,000 4,000,000 500,000 2,000,000 500,000 1,000,000 141,000111,046,000 2,251,574 21,838,203 2,757,627 36,166.709 4,716,617 71,318,126 582,240 11,278,713 v1,435,422 v16823 717 2,152.769,31,384,559 1,631,409t29,182,378 9,488,955 93,078,732 377,577 7,550,571 6,585,017 66,231,393 141,427 0314,788 3,388,144 g6,810,188 1,316,942 0,294,226 1,019,521 Q7,501,305 Grand RapidsCom'cial Say Bank 300,000 60,871 2,888,699 Fourth Nat Bank... 300,000 v294,727 v4,029,712 OrRap Nat C'y Bk 1,000,000 v305,597 v8,134,094 Or Rapids Say Bk_ 400,000 464,340 12.069,632 Kent State Bank__ 500,000 1,007,707 11,524,963 Old National Bank.. 800,000 v1,343,709 v10558 928 People's Say Bank.. 200,000 110,932 2,190,174 Grand Rap Tr Co... 300,000 192,000 p368,882 MichiganTrust Co. 1.000,000 411,617 01,012,808 100 100 100 100 100 100 100 100 100 Per share • • all 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 Saginaw Bank of Saginaw__ 1,000,000 Commercial Nat Bk 100,000 Amer State Bank__ 200,000 People's Say Bank.. 100,000 Second Nat Bank__ 500,000 e Cambridge-Cambridge Tr Co... Central Trust Co.._ Harvard Trust Co.. • 100 100 100 100 Lowell Appleton Nat Bank 01(1 Lowell Nat Bk_ Union Nat Bank_ Wamesit Nat Bank Lowell Trust Co_ Midisex S D & T Co ---- 100 100 100 100 100 oiyokeCity National Bank Holyoke Nat Bank Park National Bank Hadley Falls Tr Co Ask. 100 100 100 100 100 570,417 17,324,728 o123,009 v1,519,330 176,397 3,514,411 130,222 2,505,782 915,179 9,360,894 Per 145 195 105 _ 250 185 100 105 ships. 155 210 120 210 250 195 175 175 Per eke. •Sale price. a Capital to be increased. b New stock. k This Is the so-called "weekly deposits." now forming capital on which are paid. a Ex-dividend. k Last sale. n May 5 1922. v donde Dec.31 1921. d June 30 savings deposits. £ Sept. A 1921. s Juno 30 1921. t Ex-rights. r Nov. 18 1920. 1920. p Includes trust deposits. o Apr. 28 1921. o Includes e March 10 1922. MY returns. illINNBSOTA-Na . banks May 5; State institutions latest Gross Surplus dc Deposits. Par. Bid. Ask. Capital. Profits. Dultit hAmer Exch Nat Bk City National Bank First National Bank Northern Nat Bank Minneapolis Bankers Nat Bank.. First National Bank North Amer Bank_ Hennepin Co Say Bk Lincoln Nat Bank_ Mercantile State Bk March de Mfg St Bk Metrop Nat Bank_ Midland Nat Bank Minneapolis Nat Bk Minneapolis Tr Co.. Northwest Nat Bk_ St Antley Falls Bk_ South Side State Bk Union State Bank_ Minn L'n & Tr Co.. 59 BANKS AND TRUST COMPANIES JUNE, 1922.] 800,000 v251,937 v1,806,772 100 5,000,000 6,043,887 58,055,969 100 200,000 310,217 5,473,744 100 250,000 423,931 9,265,381 100 500,000 100,000 2,333,314 100 300,000 93,474 7,725,124 100 100,000 99,717 2,104,950 100 500,000 250,970 4,265,732 100 1,000,000 757,447 16,003,973 100 200.000 113,207 2,539,131 100 100 1,000,000 805 '7 4,000,000 3,165,809 48,001,795 100 300,000 259,072 5,526,149 100 100,000 13(1,571 3,011,973 100 100,000 122,617 2,265,791 100 1,000,000 1,190,772 8,599,268 100 St. Paul 400,000 186,557 4,974,219 American Nat Bank 343,677 11,639,240 Capital Nat Bank_ 1,000,000 300,000 73,712 3,397,717 Cent Metrop Bank_ First National Bank 3,000,000 4,035,024 45,488,167 Merchants' Nat Bk 2,000,000 2,302,312 26,280,024 300,000 148,747 1,728,622 Nat Exchange Bank 350,000 t151,742 t3,003,961 Stock Yards Nat Ilk 58,779 4,756,000 SayBki 500,000 Capital Tr & 430,007 3,915,391 March Tr & Say Bkl 500.000 $ 718,894 292.797 e58,329 238,839 Ask Per ass. Butte 6,116,787 300,000 First National Bank -----5,904,673 200,000 Miners S Bk&Tr Co e1,852,932 200,000 Silver Bow Nat Bk_ 6,476,735 ioo 300,000 Metals Bk & Tr Co Per share. Helena 200,000 v236,876 v3,123,459 100 American Nat Bank 136,004 2,437,793 100 250,000 Nat Bk of Montana 123,238 1,317,491 100 150,000 Montana Tr & S Bk 116,697 1.495,904 100 200,000 Conrad Tr A: S Bk_ 414.017 2,926,791 100 _ 250,000 Union Bk A Tr Co_ NEBRASKA-Nat. banks May 3; State institutions latest returns. Per iskarc Lincoln 157,7171 3,167.2071 100 150,000 Central Nat Bank_ I 100 144,840 3,423,332, City National Bank ) 500,000 573,547 5,896,900, 100 First National Bank 525,000 110,879 2,014,743, 100 First Savings Bank 105,000 308,389 3,595,732 100 Nat Bk of Comm'ce 250,000 Omaha 235,622 3,106,939, WO 300,000 Corn Exch Nat 13k First National Bank 1,250,000 1.049,931 16,440.709 IGO 111,349 5,923.770 100 650,000 Live Stock Nat Bk_ Per share. Merchants' Nat Bk 1,000,000 el.009.134 e12645793 100 205,767 2.775.303 100 500,000 140 145 Nebraska Nat Bank 140 145 Omaha Nat Bank__ 1,000,000 1,200,129 23.066.778 100 200,000 v218,290 v3,001.7471 100 Packers Nat Bank 750,000 1.076,099 7,470.662 100 Stock Yds Nat Bk_ 124,000 4,500.000 100 300,000 225 240 Bank State 145 150 US National Bank_ 1,100,000 1,202,162 17.434,787 100 Per share. 1,000,000 2,186,597 11,509,014 100 500,000 539,747 3,987,721 100 1,000,000 2,946,097 15,974,192 100 750,000 618,772 3,963,911 100 MONTANA-Nat. banks May 5; State institutions latest returns Gross Surplus & Deposits. Par. Profits. Capital. 100 100 100 100 100 100 100 100 200 100 NEW 11AMPSHIRE--National banks Mai 5. Per lalarb Manchesterrteurn4 423.702 3,727,222 100 200,000 Amoskeag Nat Bk_ MISSISSIPPI Nat. banks May 5; State institu'ion, la(eet 206.2721 1,437.356 100 150,000 Per share. First National Bank Jackson 344,891 2.511,444 101 150,000 Manchester Nat Bk 200,000 281,790 2,339,127 100 Capital Nat Bank. 68.874 1.461.730 100 150,000 Merchants Nat Bk_ 100 100,000 248,507 1,528,061 First National Bank 200,000 88,776 1,537,113 lackson-State N Bk NEW JERSEY-Nat. banks May 5; State institutions latest returns. 250,000 280,444 4,490,516 Per share March Bk & Tr Co.. Asbury ParkV icks b is rg620,010 4,136,994_ -----200,000 Asb Pk & Oc Gr Bk 968,321 23 150,000 18,597 ----Amer Bank & Tr Co 362,140 81,633,7831_ 100,000 Merchants Nat Bk_ 100,1)00 360,000 s300,000 100 Citizens' Nat Bank 81,097 1,738,330 100,000 Asbury Park Tr Co 300,000 243,792 2,949,440 100 First National Bank 132,914 2,604,293 100,000 _ Seacoast Trust Co_ 100,000 459,901 1,208,295 1(10 Merchants' Nat Bk Atlantic City50,000 8614.172 35,784,870 100 AtlanticCityNat Ilk IAISSOURI-Nal. banks May 5; State institutions latest returns. 200,000 r169,197 r 1,895,966 160 Per share. Boardwalk Nat Bk.. Kansas City 238,971 3,462,725 100 100,000 Chelsea Nat Bank_ 200,000 51,247 1,898,940 100 180 Central Ex Nat Bk 365,477 3,615,778 100,000 Second Nat Bank 100,000 97,270 2,197,733 100 240 City Bank of K C.... 100,000 3202,887 32,221,771 100 _ Union Nat Bank _ _ 500,000 125,727 3,053,709 100 125 130 Columbia Nat Bank 580,000 5,750,000 100 150,000 Atlantic S DA TrCo 100 500,000 379,122 8,655,251 Com'wealth Nat Bk 481,101 3.837,948 600,000 Guarantee Trust Co 197,722 5,932,096 100 106 109 Continental Nat Bk 1,000,000 227,997 2,895,267 200,000 Equitable Trust Co 219,547 7,479,205 100 150 Drovers' Nat Bank 1,000,1)00 2-19,372 3,482,744 100 100,000 Marine Trust Co First National Bank 1,000,000 3,413,574 30,284,994 100 700 Bayonne 100 215 200,000 143,037 4,193,773 Gate City Nat Bk_ 208,427 5,601,707 100 200,000 Bayonne Trust Co. 500,000 1,165,124 8,599,710 100 575 Int-State Nat Bank 579,991 9,614,387 50 200,000 Mechanics' Tr Co__ 200,000 50,977 1,145,249 100 103 112 Live Stock State Bk Bridgeton 200,000 48,292 1,805,735 100 205 220 Merchants' Bank_ _ 283,677 1.958.337 100,000 Bridgeton Nat 100,000 107,820 1,136,332 100 200 230 Metropolitan Bank. 515.707 2,470,304 150,000 Cumberland NatBk 100,000 44,911 671,292 100 133 137 Mutual Bank 126,977 1,178,966 NO 150,000 Farm & Mar NatBk 1,130,447 14,905,001 100 244 248 188,910 1,490,157 New Eng Nat Bank 1,000,000 150,000 Cumberland Tr Co_ 116,257 1,929,915 100 325 100,000 'Per share. Produce Exch Bank Camden 132,097 4,503,976 100 225 200,000 Traders' Nat Bank_ 100,000 e341,297 e5,606,981 100 250 Bank.. Camden Nat 300,000 165,090 2,555,966 100 225 Yds Nat Bk_ 5,112,682 100 *240 574,977 Stock 200,000 First National Bank 31,849 1,049,060 100 250 260 100,000 Union State Bank_ 500,000 v704,312 v8,329,764 100 *235 National State Bk_ 250,000 160,000 2,872,428 100 220 226 975.479 9,873,789 25 *105 Western Each Bank 500,000 Camden S D&T Co 85,039 1,111,144 100 250 275 100,000 215,017 3,566,664 100 *276 Westport Ave Bank 100,000 Broadway Trust Co 199 203 Commerce Tr Co- 6,000,000 2,350,179 79,211,889 100 235 240 384,707 3,180,713 25 *90 100,000 Central Trust Co.._ 100 *180 691,296 100 Fidelity N Bk & Tr 2,01)0.000 1,276,177 23,330,173 100 150 155 74,797 100,000 End Tr Co__ _ East 86,227 1,778,706 300,000 Home Trust Co.._ 178,944 2,406,175 100 *200 200,000 Merchants' Tr Co58,114 2,155,728 100 185 250,000 115,441 1,746,531 100 *190 Liberty Trust Co_ _ Trust Co.. :100,000 Parkside 139,127 2,193,369 100 300 200,000 Mercantile Tr Co.._ 266,794 3,935,674 100 *302 100,000 Security Trust Co_ 76,807 5,811,421 100 200 500,000 Peoples Trust Co..251,947 2,512,035 100 *225 200,000 West Jersey Tr Co_ 410,752 3,372,923 100 275 280 267,500 Pioneer Trust Co..East Orange 159,124 4,122,343 100 250,000 Fidelity Says Tr Co 60,447 2,554,270 100 160 150,000 East Orange Bank.. 361,534 9,177,970 100 225 500,000 Per' share. Say Inv & Trust Co St. Joseph 208,472 6,968,176 100 300 200,000 County TrCo Essex 217,740 3,952,750 100 300,000 Per share. Burnes Nat Bank.. _ Elizabeth557,168 5,303,400 100 800,000 First National Bank 228.827 3,859,050 100 165 250,000 Elizabethport B Co 200,000 3379,477 36,504,779 100 American Nat Bank 953,094 8.816,269 50 150 350,000 National State Bk_ 273,499 34,287,048 100 -----250,000 St Jos Stk Yds Bk_ 79,497 1.073,169 100 120 200,000 Peoples Nat Bank_ 200,000 8257,661 5,752,971 100 150 Tootle-Lacy N Bk_ 80,992 1,792 953 100 100,000 Elizabeth Trust Co 58,807 2,022,435 100,000 320 First Trust Co_ _ _ _ 391,194 8,339,423 100 300,000 Co Trust Co Union 69,607 1,323,476 100 100,000 Missouri Val Tr Co Per share. Hoboken 83 973,522 9.768.191 25 75 500,000 National Bank Per share. First St. Louis 500,000 v279,810 56,945,409 100 275 310 Second Nat Bank_ _ 85,859 1,806,772 1(10 185 200 100,000 Baden Bank 75,074 1,256.660 100 150 165 100,000 Trust Co Columbia Boatmen's Bank_ _ _ 9,000,000 1,149,917 19,548,107 100 173,290 3,819,069 100 250 100,000 Hoboken Trust Co 668,764 5,278,581 100 370 200,000 Bremen Bank 100 350 400 Hudson Trust Co_ _ 1,000,000 1,347,998 25,258,729 100 175 116,879 3,363,093 100 220 200,000 Cass Avenue Bank.. 185,227 5,019,917 400,000 Jefferson Trust Co 119,977 2,305,466 100 200 100,000 Chippewa Bank_ _ _ 218,044 5,618,106 100 250 200,000 Co_ _ First National Bank 10,000,000 6,512,339 108136909 100 210 2104 Steneck Trust J.... _ 1,000,000 1,726,871 35,081,575 100 375 400 Trust Co of N 970,817 8,906,222 100 600,000 Per shor Franklin Bank _ _ Jersey City 80,000 2,726 722 100 200 200,000 Grand Ave Bank 188.750 5,315.442 100 185 200,000 Claremont Bank 302,079 6,457,900 100 ) 1)1 1,000,000 Internat Bank St L National Bank !1,000,000 1,894,200 9,630,829 100 220 260 First 200 156,817 2,994,977 200,000 Jefferson Bank 250,000 r817,570 r5,691,944 100 390 400 Hudson Co Nat Bk 140,000 2,306,000 100 170 200,000 Jeff-Gravois Bank_ 200,000 3118.517 33.324,175 100 110 Merchants' Nat Bk 856,337 17,445,751 100 292 300 Lafayette SoSide Bk 1,000,000 100 415 435 Commercial Tr N J 1,000,000 2,660,121 33,229,773 100 130 160 53,473 2,379,467 100 125 130 100,000 Lowell Bank 160,927 4,522,149 200,000 Granny Bk de Tr Co 199,794 3,914,978 100 205 250,000 285 Manchester Bank.._ 693,704 4.922.340 100 300,000 Lincoln Trust Co _ 1 00 1 8 139 March Laclede Nat 1,700,000 1,933,212 16,426,394 100 235k 210 121,000 7,257,718 100 250 100,000 Mercantile Tr Co_ _ Nat Bank of Comm 10,000,000 5,052,297 61,038,736 1,201,671 17,380,714 100 320 360 N J T Gu & Tr Co 1,000,000 Republic Nat Bk _ _ 1,000,000 v205,571 v3,255,086 100 271,477 8,456,771 100 130 150 500,000 186,899 2,431,336 ion 150 Union Trust Co_ .._ 100,000 Boutien Corn dc Say Long Branch State National Bank 2,000,000 31,267,312 312431,323 100 160 100,000 v203,000 v1,500,000 100 Citizens' Nat Bank 35 700,000 7,737,995 100 175 185 United States Bank 1.000,000 83,730 1,221,000 50 150,000 Long Branch Bkg Co 391,587 9,562,720 American Trust Co 1,000,000 Per (hare Morristown 101,274 1,576,992 100 145 130 200,000 B'waY Say Tr Co.. _ 307,869 4,034,104 100 200,000 First National Bank 54,566 1,153,140 100 143 150 100,000 Chouteau Trust Co 50 139,600 3,855,545 200,000 National Iron Bank 26,417 1,321,592 100 120 130 100,000 City Trust Co 80,401 1,304,064 100 130,000 American Trust Co 68,619 1,099,971 100 175 100,000 _ Easton-TaylorTrCo 482,917 6,551,725 100 600,000 140,717 4,156,771 100 225 Morristown Tr Co.. 200,000 Farm & Mar Tr Co.. est Mt. Holly 101,997 1,334,926 100 180 100,000 Laclede Trust Co.._ 382,449 3842.857 25 100,000 Mt Holly Nat Bank Liberty Cent Tr Co 3,000,000 1,107,614 34,329,742 100 145 150 100,000 3167,676 31.119.142 50 Union Nat Bank.. Mercantile Tr Co_ _ 3,000,000 7,331,400 50,825,076 100 320 945,446 100 65,301 200,000 Farmers' Trust Co_ Per share Miss Vail Trust Co 3.000.000 5,260,077 26,816,938 100 270 Newark 53,100 862,862 200,000 Mound City Tr Co 660,329 10,707,548 100 175 300,000 American Nat Bank 140,941 2,306,376 100 235 100,000 Nor St L Say Tr Co 334.573 5,568,680 100 220 200,000 13r'd & Market N B 353,899 7,543,196 100 150 175 Northwest'n Tr Co. 500,000 230 235 6 Mor & Mfr's N B.. 1,350,000 1,760,373 11.776,23 100 100 225 230 business Does no banking St L Union Tr Co Nat Newark &Essex 70,676 1,545,221 100 130 Trust Co.._ 100,000 Sayings 2,500,000 1,928,877 26.473,722 100 265 275 180 Banking Co 66,979 2,503,878 100 200.000 South Side Tr Co_ _ 500,000 3800,014 35,468,387 100 280 National State Bk_ 55,000 1,491,775 101) 110 120 Station Tr.. _ 200,000 Union 744,572 7,549,097 100 300 400,000 North Ward Nat B 60,433 1,924,737 100 150 160 200,000 West St L Trust Co z Ex-dividend. y Capital to be increase. • sale price. e Capital pa d in; authorized amount is larger g Amount paid in. k New stock. sSept. 6 1921. t Feb. 211921. a Includes sale. r April 231921. d June 30 1021. e Mar. 10 1022. n Including Fidelity Say & Tr stock. I LastIncludes Mar. Tr. & Say. Bank. titan. L & Tr. stock. v Dec_ 311921. b Includes Minneapolis Trust Co. t 60 BANKS AND TRUST COMPANIES NEW JIBRSBY-(Concluded) Surplus Gross Capital. dk Profits. Deposits. Par. Bid. Newark (Con.)$ $ $ Per Clity Trust Co 200,000 213,027 3,087,929 100 180 31inton Trust Co 200,000 286,297 4,788,576 100 185 Federal Trust Co 1,000,000 1,386,877 1,622,728 100 275 FidelityUnionTr Co 8,250,000 3,060,869 55,069,966 100 285 fronbound Tr Co.... 200,000 527,967 10,125,446 100 425 Liberty Trust Co.... 100,000 94,107 1,721,396 100 125 gewark Trust Co__ 200,000 20,000 1,945,905 100 110 lpr'grld Ave Tr Co Immo° 241,737 4,268,629 100 175 Washington Tr Co200,000 196,859 2,663,720 100 175 West Side Trust Co 300,000 350,594 7,809,757 100 375 New Brunswick Per Rat Bank of N J__ 260,000 818,449 8,918,004 100 325 People's Nat Bank_ 110,000 283,721 2,824,269 100 300 New Brunsw Tr Co 200,000 164,422 3,630,981 100 175 PassaicPer Passaic Nat Bank_ 500,000 a621,027 a4,018,199 100 EIobart Trust Co__ 100,000 207,747 3,364,795 100 Passaic T & SD Co 500,000 565,912 10,176,912 100 People's Bk&Tr Co. 400,000 617,204 6,969,946 100 PatersonPer First National Bank 500,000 784,071 6,398,435 100 Paterson Nat Bank 800.000 (0360,000 a4,300,000 100 lecond Nat Bank.... 280,000 653,40910,540,475 50 Paterson Say Inst__ 1,000,000 1,248,609 21,237,700 100 Ditizens' Trust Co_ 250,000 538,657 7,376,721 100 Franklin Trust Co_ 180,000 184,847 2,306,243 100 Hamilton Trust Co 500,000 514,669 7,664,397 100 II S Trust Co 830,000 575,908 13,137,779 100 Plainfield My National Bank 150,000 252,640 4,859,023 100 First National Bank 200,000 204,370 5,250,280 100 Plainfield Trust Co 800,000 546,747 8,178,380 100 Plate Trust Co-100,000 109,607 2,086,769 100 Trenton Broad St Nat Bank 950,000 622,642 6,509,686 100 First National Bank 800,000 818,394 7,652,962 Mechanics' Nat Bk 1,000,000 1,544,141 14,680,046 100 80 rrenton Bank'g Co 500,000 891,112 9,999.727 BO Mercer Trust Co.... 100,000 338,629 5,485,728 100 Trenton Trust Co__ 800,000 523,797 6,572,721 100 NEW 290 share. 340 325 200 share. share, _-_-. 4XW YORK-Nat.bis.(except N. Y. City) May 5; State inst. Sept. 6. Albany Per share. first National Bank 500,000 a731,0911a9,191,970 100 180 187 &Tech & Farmers__ 250,001 11,080,900 t2,107,103 100 Nat ComrBk&TrCo 1,280,00( 2,988,631 28,307,768 100 800 335 N Y State Nat Bk_ 1,000,001 1,650,944 25,699,306 100 225 340 230 &lbany Trust Co.._ 400,00( £467,442 111563,971 100 165 175 Auburn Per share. Cayuga Co Nat Bk 200,000 319,901 2,248,797 100 Nat Bk of Auburn.. 200,000 e294,194 e2,155,272 100 auburn Trust Co150,000 1261,927 t4,801,975 100 Binghamton Per share. Citizens Bank 100,000 68,394 2,232,810 100 City National Bank 200,000 s218,630 33,447,007 100 First National Bank 400,000 379,387 5,521,575 100 People's Trust Co.._ 500,000 219,133 5,250,700 100 Brooklyn-Stage B ank & Tru st Co. retur ns date Mar 10'2 2. Per share. Bank of Coney Isl'd 200,000 158,700 3,605,000 100 155 165 first National Bank 500,000 937,900 11,238,700 100 250 260 Globe Exchange Bk 130,000 49,100 1,956,900 Mechanics' Bank 1,800,000 1,664,900 38,177,400 50 100 110 Montauk Bank_ 100,000 82,500 2,953,700 100 125 Municipal Bank.._ 200,000 133,500 3,455,900 Nassau Nat Bank.._ 1,000,000 1,550,750 16,075,400 100 100 230 240 People's Nat Bank_ 200,000 333,750 5,628,800 100 160 West End Bk 200,000 129,200 1,788,100 100 Brooklyn Trust Co.. 1,500,000 2,971,500 36,591,200 100 415 425 Kings Co Trust Co_ /100,000 3,018,750 23,002,300 100 Manufact'ne Tr Co 2,500,000 2,601,100 40,965,100 100 700 225 Midwood Trust Co 800,000 282.500 1,459,700 100 People's Trust Co..- 1,500,000 2,307,500 41,637,800 100 310 320 B uffalo Per share. Broadway Nat Bk_ 300,000 v80,402 v4,362,838 100 Lafayette Nat Bk_ 750,000 a394,881 a7,455,773 100 Liberty Bank 2,000,000 12,282,020 131673,113 100 Mann! & Trad Nat 2,000,000 2,302,667137,835,773 100 Marine Trust Co 10,000,000 9,369,547 89,513,792 100 People's Bank.._ _ 1,000,000 1,000,207 16,178,245 100 2outh Side Bank_ 100,000 70,600 2,075,170 100 Buffalo Trust Co.._ 1,000,000 1,375,000 100 Citizens Tr Co _ _ _ _ 1,250,000 1,621,700 15,083,499 100 19,902,090 Fidelity Trust Co-- 1,000,000 11,247,722118744,028 100 Elmira Per share. Merchants' Nat Bk 250,000 e141,310 e1,451,712 100 lecond Nat Bank 400,000 1717,414 17,142,711 100 Citemung Can T Co 800,000 £644,239 17,238,709 100 New York City- Deposits of N. F. City banks are repo are of date May 27 1922. Surplus an d profits ar of Heel net and '22 for National and Mar 10'22 for Stat e banks. A adies date Al ay 5 if banks and trust comp anies in N ew York Ci tv an dend re cord may be found in cur By. and Ind." Sec.. page 239 S Broo klyn AL11 Exch Nat Bank 5,000,000 7,495,150 91,091,000 100 250 255 artier Union Bank.. 200,000 171,200 t1,772,300 atlantic Nat Bank_ 1,000,000 1,093,600 16,251,000 100 100 210 Bank of America -- 5.500,000 5,755,100 56778 ,000 100 190 193 Bank of Europe-450,000 275,100 16,805,100 Bank of Manhat Co 5,000,000 17,396,800 114080000 100 50 250 260 Bk of N Y,N B A.... 2,000,000 7,683,000 30,069,000 100 500 Bank of U S 506,500 t36130300 100 160 170 Bk of Wash Heights 200,000 351,5001 3,964,000 100 Battery Pk Nat Bk, 1,500,000 1,221,300 7,703,000 100 135 144 Berardini State Bk_i 150,000 713,4501 t341,600 Bigelow State Bank' 100,000 23,0001 1713,900 Bowery Bank 280,000 844,800) 5,039,000 100 430 450 Broadway Cent Bk 200,000 116,7001 13,351,200 100 130 145 Bronx Borough Bk_ 150,000 219,0001 t4,514,400 100 125 Bronx Nat Bank.... 200,000 261,000 n3,895,000 100 150 160 Bryant Park Bank.. 200.000 185,100; £2,268,700, 100 140 155 Chase Nat Bank.._.. 20,000,000 21,810,750 3383390001 100 293 298 t;int mercantile Bk 200,0001 101,7501 12,435,700 100 200 210 YORK-(Continued) Surplus Gross Capita.. & Profits. Deposits. Par. Bid. Ash. chars. -- [VOL. 114. Ask. N. Y. City (Con.) 3 Per share. Chatham & Phenla National Bank__ 10,500,000 9,969,000 125655000 100 254 259 Chelsea Ezell Bank 1,000,000 192,400 17,187,700 100 75 85 Chemical Nat Bank 4,500,000 15,936,400 116550000 100 506 Coal & Iron Nat Bk 1,500,000 1,352,200 12,098,000 100 195 512 205 Colonial Bank 800,000 1,647,1001 18,900,000 100 300 Columbia Bank..... 2,000,000 1,773,400 28,037,000 100 175 185 Commonwealth Bk 400,000 869,000 9,004,000 100 215 225 Continental Bank_ 1,000.000 825,000 6,127,000 100 130 Corn Exchange 13k_ 8,250,000 10,339,000 181681000 100 375 145 385 Cosmopolitan Bank 200,000 81,500 13,410,000 100 80 90 East River Nat Bk_ 1,000,000 816,200 13,080,000 100 170 Fifth Avenue Bank 500,000 2,425,300 21,313,000 100 1020 Fifth National Bk. 1,000,000 939,100 15,119,000 100 160 First National Bank 10,000,000 43,929,900 2-10794000 100 1020 176-Garfield Nat Bank 1,000,000 1,579,800 15,451,000 100 225 Gotham Nat Bank_ 1,500,000 1,367,000 n15524 700 100 182 187 W R Grace & Co Bk 500,000 1,195,000 6,212,000 Greenwich Bank __ _ 1,000,000 2,033,800 19,003,000 100 250 265 100 Hanover Nat Bank 3,000,000 21,284,000 101614000 100 Harriman Nat Bk_ 1,000,000 1,658,100 n33832 700 100 390 400 Import & Trad Nat 1,800,000 8,610,300 28,103,000 100 520 530 Industrial Bank 1,000,000 629,300 /6,239,900 100 150 160 Irving National Bk 12,500,000 11,224,100 190686000 100 195 198 Meehan dc Metals National Bank 10,000,000 17,401,700 144080000 100 383 388 Mutual Bank 200,000 813,200 12,008,000 100 500 .Nat American Bk.... 1,000,000 524,100 n2,626,700 100 150 160 NatButch & Drov_ 242,750 4,051,000 500,000 130 135 Nat Bk of Com'ce_ 25,000,000 36,206,000 306363000 23 266 270 National City Bank 40,000.000 51,139,750 c574341000 100 328 333 100 New Netherland Bk 600,000 580,600 17,923,000 125 135 North American Bk 200,000 98,000 1834,000 100 Pacific Bank 1,000,000 1,745,900,24,104,000 100 300 Nat Park Bank 10,000,000 23,141,900 132015000 100 409 413 Peoples Comm'l Bk 100,000 56,100 /1,518,100 Progress Nat Bank 400,000 24,000 £1,841,400 ioo Public Nat Bank 3,000,000 4,491,800 n75380100 100 260 270 Seaboard Nat Bank 4,000,000 6,478,000 70,262,000 100 285 292 Standard Bank_ _ 100,000 144,700 /2,207,700 100 230 260 2.500.0011 4,586,700 78,592,000 100 275 285 State Bank__ Terminal &cell 13k 200,000 62,200 11,050,000 Twenty-third W Bk 250,000 215,450 £6,478,200 250 270 Union Exch Nat Bk 1,000,000 1,533,750 18,617,000 100 240 275 100 Yorkville Bank..... 200,00r 848,300 19,788,000 100 420 Trust Co. returns do te Mar. 10 1922 American Trust Co 1,500,000 716,900 17,084,900 Bankers Trust Co... 20,000,000 22,413,300 273049000 100 335 315 100 Central Union Tr 12,800,000 19,389,900 188871900 100 375 380 Co Columbia Trust Co 5,000,000 7,809,200 81,196,300 100 300 Commercial Tr Co_ •1,000,000 318,200 7,315,300 100 100 125 Empire Trust Co 2,000,000 2,290,000 47,787,800 100 295 305 Equitable Trust Co 12,000,000 15,851,300 200263000 100 275 Farmers' L & Tr Co 8,000,000 14,184,000 121784700 100 440 445 Fidelity Inter TrCo 1,500,000 1,808,000 20,449,000 100 205 210 Fulton Trust Co....700,900 9,583,400 100 245 255 500,000 Guaranty Trust Co 25,000,000 17,400,100 477357700 100 206 212 Hudson Trust Co.. 697,700 6,696,700 100 170 180 500,000 ItalianDiscount & Trust Co 1,000,000 547,200 7,032,000 100 Lawyers' Title dc Trust Co 4,000,00' 6,163,100 17,404,000 100 147 Metropolitan Tr Co 2,000,000 3,711,500 33,401,300 100 275 285 N Y L Ins& Tr Co 1,000,000 2,889,700 24,745,400 100 615 630 New York Trust Co 10,000,000 16,980,200 162094000 100 327 332 Title Guar & Tr Co 7,500,000 13,234,900 33,770,100 100 352 357 U S Mtge & Tr Co_ 3,000,000 4,458,100 56,394,700 100 295 305 U S Tr Co of N Y.._ 2,000,000 15,938,000 49,740,700 100 1030 Jamaica, L. I. First National Bank 100,000 133,700 5,800,300 100 Rochester Per 400,000 1498,407 111047,922 100 220 Central Bank Lincoln-Alliance Bk 2,000,000 /2,627,637 /37001,794 100 218 Merchants' Bank 597,709 9,663,931 100 190 500,000 Nat Bank of Comm 780,000 a1,106,597 a12669735 100 160 Traders' Nat Bank_ 750,000 1509,149 /10022,657 100 155 Genesee Vail Tr Co 400,000 464,191 6,833,119 100 Roch Tr & S D Co_ 1.000,000 1,275,275 30,197,340 100 235 Security Trust Co_ 300,000 e1,009,033 e16,765729 100 400 Union Trust Co.. 1,250,000 1808,907 /18863,775 100 153 480 188 Syracuse City Bank Trust Co 2,000,000 1,195,834 16,581,792 100 Merchants' Nat Bk 300,000 371,617 3,748,925 100 Salt Springs Nat Bk 800,000 429,761 5,096,443 100 300,000 a236.755 a2,522,089 100 Third Nat Bank _ _ _ First Tr dc Dep Co_ 2,800,000 11,765,309 /36.190,481 100 Syracuse Trust Co_ 1,500,000 1,082,217 23,076.840 100 Per 155 205 195 150 225 208 share 160 210 210 180 230 210 TroyManufac'rs Nat Bk National City Bank Nat St Bk of Troy.. People's Bank Union Nat Bank...... UnitedNat Bank.... TroyTrust Co Per 300 160 220 210 55 295 100 share. 315 165 226 220 57 310 600,000 300,000 250,000 100,000 300,000 240,000 200,000 709,109 18,998,784 v287,219 v4,995,521 a442,529 a3,832,244 168,734 1,083,047 a139,207 a4,064,383 e131,877 e888,918 108,217 2.777,400 100 100 100 100 80 100 100 share 225 228 200 170 168 •Sale price. b Paid in. k Capital to be increased. 2 Ex-dividend. s Sept. 8 1921. • Dec. 31 1921, 1 Last sale. I Mar 10 1922. h New (Jock. a Apr. 28 1921. v gx-rights. r April 111913. 5 June 23 1920. n May 5 1922. c Includes Foreign Branch Deposits. I Dec. 29 1920. 61 BANKS AND TRUST COMPANIES JUNE, 1922.] 01-110-(Concluded) NEW YORK-(Concluded) Utica first National Bank Oneida Nat Bank_ _ Utica City Nat Bk_ Citizens' Trust Co_ Oneida Co Trust Co Utica Tr & Dep Co_ Watertown City National Bank n Co NatBk Jefferso Watertown Nat Bk North'n N Y Tr Co Westchester Co Wt. Vernon-lst N Mt Vernon Tr Co :few Rochelle Nat City Bank__ Ave Bank_ North Huguenot Tr Co_ N Rochelle Tr Co Closining-18t Nat. OssiningNat Bk_ PeekskillWestches Co Nat Pleasantville Mt Pleasant Ilk_ Port Cheater-lst N Mutual Trust Co tge-Rye Nat Bk.. Tarrytown Nat Ilk_ White Plains-Citizens Bank___ Cent Bk West Co County Trust Co Tenkers-First Nat Yonkers Nat Bk.. Westches'r Tr Co Yonkers TrustCo Gross Surplus Capital. de Profile. Deposits. Par. Bid. Per 1,250,000 n1,859,477 n10280808 100 8275 600,000 1.016,971 3,588,749 100 230 416,579 4,360,639 100 105 1,000,000 500,000 772 234 v14128 931 100 275 260,000 462,402 v2,494,203 100 248 1,000,000 • 847,944 e10975 770 100 Per 139,311 1,494,931 100 100,000 297 100 250,000 t 356.801 13,987, 290,071 3,376,899 100 200,000 669,324 6,096,109 100 400,000 Per 293,897 6,505,718 100 200,000 391,745 7,230,772 100 200,000 308,017 7,702,394 v56,412 v1,153,772 125.984 2,660.713 241,397 5,343,146 102.437 8 906,382 117,941 1,670,725 100 100.000 334,039 5,484,057 76,527 1,659,997 100,000 100.000 £155,882 12,163.138 127,786 2,788,170 800,000 50,000 d132,877 d1,572,226 100,000 5152.047 11,498,541 Clevelandshare. Amer Say Bank Co 282 Broth'd of Loc Eng 235 Co-Oper Nat Bk_ 108 Cent N B.S & Tr Co 285 Clark Ave Say Bk_ Cloy Say & Loan Co 253 share. Garfield Say Bk Co Lorain St SaY & Tr Midland Bank_ National City_ Bank Pearl St S & T Co share. United Bk & Say Co Cleveland Trust Co Guardian Say & Tr Home Say & Trust_ L Sh Bkg & Tr Co State Bkg & Tr Co._ Union Say & L Co_ Union Trust Co__ 50 400,000 00,000 150,000 200,000 100,000 • 100,000 150,000 100.000 150,000 800,000 200,000 8 800,000 250,000 106,899 3,755,077 957,310 51,790 169,807 4,711,590 178,467 6,091,297 63,000 82,499,000 8320,732 87,010,939 113.798 2.157.234 100 100 100 100 100 115 100 --100 Capital. Ask. 130 - 100 100 100 50 100 100 Gross Surplus et Deposits. Per. Bid. Profits. $ 100.000 $ $ 179,699 2,713,705 471,147 11,953,794 1.000.000 1.800.000 2,924,170 30,887,928 104,094 3,595,440 200,000 248,971 2,037,790 250,000 713,690 15,022,770 600,000 279,809 6,116,671 200.000 463,102 10,098,642 2,000,000 2,000,000 v880,444 v13670916 452,110 19,694,033 1,500,000 828,792 17,752,260 1.500,000 9,204,157 142878677 4,500,000 4,000,000 5,090,120 70,696,744 104,365 2,908,576 300,000 592,07124,721,667 1,000,000 305,249 10,334,776 750.000 593,122 2,266,013 900,000 19,056,489 207253194 14,833.333 Columbus263,812 14,666,799 900,000 Citizens' Tr & 8ay_ 404,056 6.392,094 300,000 City National Bank 67,440 1,158,000 50,000 us Say 13k_ Columb 947,899 6,222,773 6)0.000 Commer'l Nat Bk_ 54,447 1,295,099 100,000 Fifth Ave Say Bank 7nn.non 1,034,577 8,238.075 Hayden-Clin N Bk_ 380,307 11,871,312 ton Nat Bk 1,000,000 Hunting 153,227 3,160,099 L00.000 Market Exch Bank 536,849 5,340,143 300.000 Nat Bk of Com'ce_ 694,449 8.859,168 500,000 First Nat Bk 600,000 1,210,092 15,513,964 Ohio National Bank 288,729 2,911,908 400,000 State S Bk & Tr Co A at -... Per ti t re 50 100 100 100 100 10 100 245 100 100 100 100 100 100 No 100 100 100 ...., 158 209 212 206 168 145 172 185 160 175 I Per 100 130 100 220 100 100 100 nor 100 - ___ 100 200 100 225 100 285 100 290 100 155 A is. 135 240 _....- .- 240 240 300 310 160 Per shore. Dayton155 200,000 8158,904 s1,586,291 100 145 255 American Nat Bank d395,190 d5,986,713 100 245 400,000 City National Bank 160 165 300,000 d161,877 d1,890,029 100 Dayton Nat Bank_ Merchants' Nat Bk 200,000 d134,112 d2,488,639 100 150 155 & Trust Co ions latest returns. State institut 400,000 d351,177 d2,337,193 100 180 185 IIIORTH CAROLINA-Nat.bks.May 5; Third Nat Bank 799 100 180 170 Winters Nat Bank_ 1,000,000 d579,202 d7,122, 11 100 , Charlotte84,471 2,666,2 200,000 City Tr & Say 13ank 453,349' 3,849,716 100 375,000 Nat Bailie Charlotte 701,919 14,697,444 100 220 230 600,000 8545,917182,197,709 100 Dayton Say & T Co Per sitar Commercial Nat Bkt 500,000 Toledo624.174 1.184,778 100 300,000 National Bank first 292,327 7,261,955 100 215 200,000 Corn Say B & Tr Co 423,974 2,024,799 100 200,000 Mer & Farm N 252,740 6,744,777 50 180 100 270,000 335.000 Dime Say Bank Co 5,000 90,000 Security Save Bank 500,000 1,489,140 8,418,775 100 330 180 7 s2,204.440 100 First National Bank Union Nat Bank_ _1 200,000 8205,44 6,753,999 100 816,388 18,478,707 100 155 Corn Guard Tr&Sav 1,400,000 597,550 n Trust Co. 1.200.000 America 586,877 4,836,191 100 300 250,000 Home Say Bank___ 644,937 3,072,476 100 321 Independ'ce Tr Co_ 1.000,000 356,852 2,386,268 100 150,000 Mer & Cl'k Say Bk m 606 100 200 212 Durha 00 100 Northern Nat Bank 1,000,000 d1,138,027 d8,895,899 100 210 100,000 1135,000 11,500.002 Citizens' Nat Bank 00 1,147,114 23,044. 671,219 4,640,4 Ohio S Bk & Tr Co_ 1,000.0 100,000 69 100 330 fidelity Bank 0 84,000,000 100 Second Nat Bank-- 1,000,000 d2,689,337 d135170 45 100 245 386,741 5,730,7 first National Bank, 600,000 8500,00 1,104.491 250,000 59,592 Secur S B & Tr Co50,000 Baal Home Savings 205,979 3,001,846 100 160 300,000 98,65 1.359.008 Spitzer-Ror T & Bk 100,000 Bank.. 666,399 3,216,902 100 295 Merchants' ?S 300,000 Tol Say Bk & Tr Co Greensboro 376,370 1,261,364 100 245 230,000 425.194 2,123,738 Union Says Bank_ Per share. Atlantic Bk & Tr Co 1,000,000 133,412 2,821,199 100 Youngstown390,000 L&Tr GreensboroBk 419,702 5,528,516 100 429,916 100 300,000 98,042 City Tr & Say Bank 25,000 630.917 5,089,426 100, Textile Bank Per share. Commer'l Nat Bk. 500,000 __.. 936 100 Raleigh 1.972,196 Dollar Say & Tr Co 1,500,000 2,309,000 12,753.099 100 300,000 n172,329 n2,826,673 100 -11.137. Citizens 'Nat Bank_ First National Bank 1.500,000 300,000 d231,102 d4,379,729 100 Nat Bank_ 87 100 Comm'l 447,977 3,737,9 Mahoning Nat Bk_ 1,001,000 300,000 n156.891 n1,186.959 100 Merchants' Nat Bk 109,247 1,329,739 100' 150,000 35,000 1,030,975 100 100,000 Mahoning S&Tr Co Raleigh Bkg &TrCo Per share. Wilmington 26,307 2,076.753 100 200,000 Amer Bk & Tr Co 11.063,417 18,228,719 100 Mum bison Nat Bk_ 1,000,000 153,177 2,057.832 25 65,000 People's Say Bank_ 314,037 4,016,010 80 100,000 Tr Co_ WIlm Say & Winston-Salem ions latest returns 842,500 81,218.400 100 150,000 OKLAHOMA-National banks May 5; State institut People's Nat Bank_ 1.333.100 1,730,702 20,257,745 100 Wachovla Bk /s Tr_ Per Mar Guthrie-844,372 81,832.791 10 100,000 First National Bank ______ 850.000 100 5.000 50,000 First State Bank___ 781,272 100 _ 25,572 banks May 5; State institutions latest returns. 80,000 DIciahoma State Bk NORTH DAKOTA-Nat. 454,945 100 3.491 25,000 3ecurity State Bank Fargo Dakota Nat Bank _ largo National Bk_ first National Bank Merchants Nat Bk. NorthernNat Bank Security Nat Bank- Per share. 150,000 80,000 300,000 100,000 100,000 100,000 78,774 11,177 345,007 221.849 34.077 16,077 1.013,790 472,427 5,007,783 1,934.910 1,370,244 292,761 5; Slats institutions latest returns. OHIO-National banks May Canton Central Say Bank.. DimeSavings Bank first National Bank Cincinnati Atlas Nat Bank__ Brighton 13k&Tr Co Orin Bk & Tr •Citzns'NBk & Tr Co City Hall Bank____ Columbia B & S Co Cosmop Bk & Tr Co East End Bank__ Fifth-Third Nat 13k First National Bank Fourth Nat Bank__ Lincoln Nat Bank_ Home Say Bank Co North Side Bank__ Pearl Market Bank People's Bk & SvCo Prov S Bk & Tr Co Second Nat Bank__ So Ohlo S BkacTrCo Stock Yards Bk___ Union S B & Tr Co_ Western Bk & TrCo Central Trust Co__ 52,984, 3,315,143 100 200,000 209,3371 4,227,981 100 500.000 500,000 1,085,904' 7,903,272 100 400,000 215,000 150,000 2,000,000 100,000 100,000 250,000 50,000 3.000,000 6.000,000 500,000 500,000 50,000 75,000 400,000 200,000 1,800,000 1.000,000 200,000 100,000 1,000,000 1.000,000 1.000,000 1,108,904 5,293,676 409,9911 8,439,713 131,541 2,590,067 2,062.209 9,247,427 360,444 2,484,498 269,2491 1,742,750 176,997 5,896,068 38,704, 520,332 2,162,307 32,280,640 4,902,120 33,616,022 1,238.7211 8,890,115 982,610 5,863,026 33,7921 992,107 135,771 1,453,711 266,027i 4,908,997 196,600 3,100,790 1,397,701 19,688,227 683,775, 6,503,214 152,874 4,142,049 175,000 1,000,000 3,137 197 19,988,470 908,707 12,142,717 1,449,399 0,084,409 100 100 100 100 100 10 50 100 100 100 100 100 100 50 100 100 10 100 100 100 100 100 100 Per share. 325 450 177 180 180 350 380 40 38 90 105 140 253 260 202% 210 285 285 295 100 105 110 150 110 120 23 145 160 210 250 175 8 53. 195 205 McAlesterAmerican Nat Bank city National Bank First Nat B of Mc.A 100,000 50,000 100,000 MuskogeeCommercial Nat Bk Exchange Nat Bank First National Bank Muskogee Nat Bk. 100 100 100 100 250,000 300,000 500,000 200,000 167,174 121.277 325,272 65,817 Oklahoma Citykmerican Nat Bank Farmers' Nat Bank Fidelity Nat Bank_ First Nat Bank_ ___ 3uaranty_ Bank__ Liberty Nat Bank_ )kla Stk Yds, N B 3ecurity Nat Bank_ 3outhwest Nat Bk_ rradesmens Nat Bk 500,000 100,000 200,000 500,000 100,000 600,000 250,000 500,000 250,000 400,000 716,950 12.821,089 155,177 2,899.419 63,341 3,779.992 746,527 12,680.907 29,724 1.576.739 158,910 4,245.047 37,247 2,020,072 311,701 6,217.974 128,917 3,183,173 78,697 2,560,898 40,909 1,882,109 100 538 647 100 14.227 51,097 1,420,217 100 __ Per she, . __. Per shar 3.565,473 100 2,114.429 100 4,934,404 2 2,031,116 100 Per Aar TulsaDentral Nat Bank. 1,000,000 FAchange Nat Bank 1,500,000 Milt Nat Bank ___ 1,000,000 100 1 109 100 10 100 100 10 100 100 425,474 7,473,739 100 n876,472 n20352931 100 433,021 11,145,570 100 ---. ions May 5. OREGON-National banks May 5; &ate institut Per char. 1 Portland16,4501 1,139,745 100 100,000 W ) Bates & Co__ • 120.440 3,041.759 100 300,000 Jan Bk of Com'ce. 35,027 2,097.317 100 __ 1 200.000 Ditizens Bank 3,796 100 ?irst National Bank 2.500,000 1,318,60931,17 456,745 100 15,821 100,000 & T'mps'n lartm'n 162,237 5,051,976 100 200,000 Ilbernia C dz Say B 77 23,450,492 100 .add & Tilton Bk.. 1,000,000 2,036,9 721,942 100 13,794 100,000 Ave Stock State Bk 368,837 16,447,928 100 Nat Bk_ 1.000,000 4'western 65.004 1,723,735 100 200,000 'eninsula Nat Bank 99 29,302,964 100 Jutted States N Bk 1,500,000 1,906,8 530,409 2,759,000 100 230,000 lecurity Say de Tr_ Last sale. I These figures date Dec. 31 1921. k Capital to be increased. p Amount paid in. s Ex-dlyldend. g Includes Union . * Sale Price. h New stock. g Nov. 17 1919. tlncludes trust deposits Nov. 15 1921. e Includes Oneida Co. Sept. 8 1920. .,Mar. 10 1922. r • June 30. 1921 t April 28 1921. 8 B & Tr. n Sept. 0 1921. Tr. co. 62 BANKS AND TRUST COMPANIES IIHNSYLVANIA-Nat.bia. (coo. Phila.) May 5; State inst. latest reefs.. Surplus Gross Capital. dt Profits. Deposits. Par. Bid. MVO 130,000 100,000 148,301 250,000 243,000 132,982 448,591 8378,817 129,931 441.980 209,111 175,092 2,798,108 82,897,315 1,312,775 1,849,965 1,452,694 1,635,491 100 100 100 100 100 30 Brie Bank of Erie Sint National Bank Marine Nat Bank.... ?eople's Bank Second Nat Bank.... Cent Tr & Title Co.. Ode Trust Co Soma Say & Tr Co.. 125,000 86,827 803,292 100 800,000 1,029,194 6,227,439 100 800,000 541,770 4,747,676 100 300,000 263,127 3,738,114 100 300,000 1,023,497 8,145,527 100 125,000 52,000 1,200,000 100 575,777 6,262,179 100 800,000 535,477 4,702,626 100 200,000 IlarrisburgBast End Trust Co. Harrisburg Nat Bk Merchants' Nat Bk Central Trust Co__ Commercial Tr Co_ Commonwealth Tr._ Dauphin Dep Tr Co Harrisburg Tr Co__ Security Trust Co.. Union Trust Co-- 200,000 800,000 100,000 125,00C 128,000 375,000 800,000 400,000 125,000 230,000 73,000 1,200,000 635,694 3,052,479 1312,144 11,235,742 425,317 1,862,785 113,280 738,667 841,072 3,450,220 439,007 3,634,370 687,349 3,759,756 77,471 1,432,409 152,719 2,187,019 30 23 100 25 50 100 100 100 25 100 Lancaster Conestoga Nat Bk_ First National Bank Fulton Nat Bank.... Lancaster Co N Bk Northern Nat Bank People's Nat Bank_ Farmers' Trust Co.. Guaranty Trust Co Lancaster Trust Co Northern Tr & El Co People's Trust Co.._ Union Trust Co..... 200,000 n826,697 n3,098,427 210,000 n230,417 n601,428 200,000 v210,144 v2,352,185 800,000 n577,409 n1,712,242 128,000 n127,907 n652,330 200,000 v252,627 v1,707,646 827,047 4,674,087 225,000 100,755 394,000 842,256 280,000 1,197,909 7,728,647 218,544 1,909,779 123,000 507,840 3,111,415 123,000 183,500 2,136,000 130,000 100 100 100 60 100 100 50 100 100 50 50 50 PENNSYLVANIA-(Concluded) Capital. Ash. Surplus Gross dt Profits. Dsposits. Par. Bid. Phila.-(Con.) Allentown Par Allentown Nat Bk_ 1.0u0,000 930,127 6,775,617 100 193 Merchants Nat Bk_ 400,000 81.062,074 84,993,938 100 395 Avenue Bank Ridge 60,337 30,000 901,739 30 120 Ilacond Nat Bank_ _ 777,672 5,154,708 100 470 300,000 Allentown Trust Co 221,881 1, 1110,000 630, 8 30 80 Citizens Trust Co.... 205,127 2,379,729 25 110 280,000 Lehigh Vail Tr Co.. 707,747 3,513,371 30 350 126,000 Tenn Tr Co 188,074 1,968,472 30 80 800,000 Altoona AIM National Bank Second Nat Bank.... Union Bank Altoona Trust Co.._ Central Trust Co.... Mountain C'y T Co [VoL. 114, altars. 193 Girard Trust Co.... 2,500,000 9,451,915 44,239,918 100 404 Guar Tr & S D Co.. 1,000,000 696,477 8,424,554 100 160 Haddingtin T&TCo 123,000 115,937 2,463.067 100 500 Hamilton Trust Co 200,000 253,777 2,909,073 100 83 Holmesburg Tr Co.. 125,000 85,672 998,61 50 116 Indus'l Tr, T & Say 600,000 1,479,907 7,867,430 50 375 Integrity Trust Co.. 300,000 1.882,408 9,261,457 50 85 Kensington Tr Co 200,000 515.389 8.849.242 50 Land Title & Tr Co 8,000,000 10,390,637 18.903,068 )00 Liberty T & Tr Co.. 500,000 585.012 2,829,97 ISO Per sham Market St T&T Co 250,000 512,101 8,016,708 30 Manayunk Tr Co.... 230,000 270,277 2,456.594 25 Merch Un Trust Co 800,000 517,582 1,990.796 100 Metropolitan Tr Co 372,842 37.549 1,004,787 BO Mutual Trust Co.. 438,038 139.877 3,620,908 Pin Ninth Title& Tr Co 172,000 46,825 977,54 Northern Cent Tr 130,000 36.962 1.180,196 80 Northern Trust Co.. 300,000 2,435.927 8,911,100 Ino Northeast'n T & Tr 200,000 33.277 722,677 50 Par share. No Phila Trust Co.. 230,000 830,804 8,304,130 50 Nor Western Tr Co 130,000 738.933 8,754,595 BO Parkway Trust Co.. 123,000 40,069 969,774 100 Pelham Trust Co.. 130,000 125,090 1,587.318 100 Penn Co for Insur on Lives & Or An 2.000,000 5,835,750 35,539,708 MO Penn W'h'gdzEID Co 1,000,000 304,777 773,709 50 People's Trust Co.... 634,450 136,094 2.589,747 30 Philadelphia Tr Co. 1,000,000 5.475.897 17,107,724 100 Phoenix Trust Co.._ 300,000 50.391 1,102,357 BO IGO 3Po' share. Provident Life & Tr 2,000,000 1,5,407,319 11,666.775 /100 Real Est Tr Co,com 1,319,600 806,870 8,101,799 do do pref 1,918,300 1160 Real Est T I & Tr.. 1,500,000 3,442,637 5,830,796 100 Republic Trust Co.. 400,000 239,199 3,174.909 BO Roxborough Tr Co_ 67.990 1,701. 11 30 150,000 Tacony Trust Co206,726 1.606,486 100 130,000 Tioga Trust Co....-. 54,377 1,611,975 80 125,000 United Sec L I & T.. 1,000,000 1,091.670 1,962.860 100 Wayne Juno Tr Co_ 83.970 1,610,741 100 160,000 West End Trust Co 2,000,000 1,995,077 10.668.521 100 West Phila T&T Co 677,620 6,002,036 30 300,000 per shard. 375 190 200 125 165 215 260 110 600 125 250 105 Shari. 1 760 130M 121 171 70 197 232 803( 504 100M 190 85 78 61 45 1 55 497 55M 192 358 121 146 533 100 56 556 155 400 51 100M 406 60 ;163,1 I 1 1 1 100 12714 78 150 131 Pittsburgh - Allegheny Val Bank 100.000 127,597 2,026,328 30 All Nations Dep Bk 88.211 1,906,063 15,000 Anchor Say Bank__ 451,791 3.582,468 60 100,000 Arsenal Bank 100,000 280,524 1,350,722 60 Bank of Pittsb, N A 2,400,000 4,934,330 41,380,734 110 Bk of Secured Says_ 185.527 2,094,454 CO 125,000 Citizens Say Bank.. 738.722 8,572.774 150,000 City Deposit Bank.. 200,000 1.158,149 11,773,305 30 Columbia Nat Bank 600,000 1.310,786 8,8:32,576 100 Diamond Nat Bank 600,000 1,961,268 15,113,412 100 Dollar Say Bank..... 2,070,722 38,515,001 Philadelphia - Dsposits of National banks date AP ril 29 1922 Duquesne Nat Bk_ 500,000 744.998 7,321,008 100 Per share. Exchange Nat Bk_ 979,719 6,174,927 50 750,000 American Bk & Tr_ 300,000 185,977 2,193,249 30 158 Farmers Dep Nat.... 7,500,000 2,391,424 36,188 716 Bank of Nor Amer_ 3,000,000 3,159,220 22,997,000 100 278M Farmers Depos Sao 842,249 9,246,947 100,000 Broad St Nat Bank 129,077 d2,322,116 50 230,000 1 811 Fifth Avenue Bank 155,676 1,741 445 30 100,000 Centennial Nat Bk_ 729,747 6,643,000 100 300,000 303 First N Bk of Birm 190,900 1,812,013 100 100,000 Central Nat Bank_ 1.000,000 4,759,324 21,339,000 100 303 First National Bank 3.000,000 5,437,773 48,577.976 100 Exch Nat Bk_ 2,000,000 5,515,749 48,975,000 100 Corn 365 Fourteenth St Bank 244,502 4,778,258 200,000 Drovers & Mer Nat Freehold Bank...... 300,000 1,076,194 1.484,732 100 Bank 120,647 d1,552,994 30 300,000 160 Homew'd Peop Bk_ 70.894 2,373,295 50 50,000 Eighth Nat Bank.... 278,000 1,512,907 5,594,000 100 560M Iron & Glass Dol Say 350.970 3,125,471 100 172,700 National Bank 1,500,000 3,022,290 29,709,000 100 First 250 Keystone Nat Bank 500,000 v 942,030 6,620,578 100 Fourth St Nat Bank R.000,000 8,385,724 47,760,000 100 305 Liberty Nat Bank.. 300,000 1 160,000 12,100.000 100 Franklin Nat Bank 1,530,000 5,314,677 52,698,000 100 560 Liberty Say Bank.... 79,509 2,415,606 100 100,000 Girard Nat Bank.... 8,000,000 7,273,449 54,551,000 100 :178M Manufac'rs Bank 267,597 1,227,129 50 100,000 Kensington Nat Bk 582,272 3,096,000 30 350,000 118 Marine Nat Bank.. 800,000 t 210,000 12,599,000 100 Manayunk Nat Bk 797,044 d4,260,253 100 300,000 406 Mellon Nat Bank.... 7,500,000 8,763,667 90,795,246 100 Market St Nat Bk_ 1,000,000 2,213,910 15,984,000 100 223 Metropolitan N Bk 43.690 1,549,784 100 200,000 Middle City Bank.. 101,769 2,361,177 30 300,000 150 Monongahela N Bk 1,000,000 2,116,411 9,911,569 100 Comm 317,642 d4.409,795 100 Nat Bank of 300.000 120 Nat Bank of Amer_ 200,000 o 471..771 i,432,743 100 848,665 d6,368,216 30 Nat Bk of Germ't'n 200,000 190 Ohio Valley Bank__ 94.041 1,672,076 100 100,000 151,607 d1,423,092 100 Nat Bk of No Phila 500.000 1 130 Pennsylvania N Bk 218,074 1,168,782 100 200,000 Nat Security Bank.. 250,000 1,774,471 8,128,000 100 1 483 Penn Savings Bank 101,312 1,538,914 50 100,000 Ninth Nat Bank...... 500,000 1,383,949 9,418,000 100 375 People's Say&Tr Co 3,000,000 6.618.702 12,902,022 100 Northern Nat Bank 490,931 5,503,000 100 400,000 180 Second Nat Bk_ 300,000 n1,332,197 n5.583,183 Northwestern N Bk 888,973 5,650,000 100 200,000 401 Third Nat Bank...... 300,000 393,094 2,736,514 100 Olney Bank & Tr.... 137,574 2,912,018 80 125.000 1111 Union Nat Bank.. 2,000,000 5,266,775 21,039,803 100 Oxford Bank 142,977 2,294,795 50 250.000 Union Savings Bk. 1,000,000 1,262,407 22.170,996 100 Penn National Bk_ 1,000,000 2,769,194 11,829,000 100 350 Western Nat Bank.. 1,000.000 Peoples Bank_ 779,610 5,410,202 100 51,327 4,501,829 50 200,000 Western El & D Bk_ 250,000 425,949 3,034,705 100 Philadelphia NatBk 3,000,000 11,726,277 95,758,000 100 370 Allegheny Trust Co 679,600 4,467,287 100 700,000 quakur City Nat B 662,521 4,453,000 100 600,000 130X Colonial Trust Co. 2,600,000 3.965,229 18,028,360 Second Nat Bank_ 975,799 d7,326,793 100 280,000 3171.i Com'wealth Tr Co.. 1,800,000 1.503.297 9,340,449 50 Sixth Nat Bank...... 503,497 3,996,000 100 300,000 100 221)i Continental Tr Co.. 450,000 284.497 1,544,356 100 Southwark Nat Bk_ 746,103 9,377,000 100 500,000 221 Dollar Say & Tr Co 1,000,000 1.300,179 8,458.758 100 S'western Nat Bank 187,477 1,448,000 100 200,000 140 Farmers Depos Tr.. 1,320,000 521,077 1,828,937 State Bank of Phila 59,345 2,507,640 80 380.000 1453i Fidel Title & Tr Co 2,000,000 4,089,297 14,742.976 Tenth-Nat Bank_ _ _ -Ho 338,099 4,211,000 100 300,000 190 Franklin Say & Tr_ 155,691 2,182.721 25 175,000 Textile Nat Bank.... 302,972 3,739,000 100 400,000 125 Hazlew'd S & T Co 185,737 2,251,494 100 165,400 Third Nat Bank 1,000,000 1,362,792 8,737,000 100 2223( Hill Top S & T Co_ 150,000 120,840 2,475,373 BO Tradesmens Nat Bk 1,000,000 2,261,842 12,899,000 100 240 Manchester Savings Union Nat Bank...... 787,307 12,904,000 100 500,000 234 Bank & Trust Co 164,424 2,451.422 30 250,000 West Phila Bank__ 88,176 1,742,323 30 100,000 94 Merch Say & Tr Co 47,976 982,284 30 123,000 Aldine Trust Co__ 602,440 2,744,671 100 750.000 200 Metropolitan Tr Co 123,000 40,541 1,245,251 100 Belmont Trust Co.. 108,702 1,743,546 60 125,000 153 Oakl'd Say & Tr Co 300,000 4,173.045 100 200,000 Cent Tr & Say Co.... 890.889 9,966,710 60 T50,000 187X People's Trust Co.._ 178,794 2,159.670 100 230,000 Chelten Trust Co.... 177,632 3.254,756 100 200,000 145 Pittsburgh Tr Co 2,000,000 2,312.344 14.471.760 100 Colonial Trust Co.. 681.704 6,359,455 60 300,000 120 Potter Title& Tr Co 206.507 4,107.597 100 300,000 Columbia Av Tr Co 620,443 4,555.728 400,000 198)i Provident Trust Co 180,000 133,247 1,178,067 100 Commercial Tr Co.. 3,000,000 3.433,717 19,337,216 100 100 340 Real Est 8 & Tr Co 86.200 3,323.957 400,000 Com'Ith T Ina & Tr 1,000,000 1,814,474 7,663,791 100 225M Real Estate Tr Co 2,000,000 1,086,003 3,574,634 100 Cont-EQT & T Co_ 1,000,000 1.242.427 11,430,069 30 100 104 South Hills Tr Co.... 102,310 1,473,767 100 125,000 Empire Tit & Tr Co 156,175 93,893 932,419 25 I 39A South Side Tr Co_ 800,000 352,789 3,260,569 100 Excelsior Tr 252,029 3,170,388 80 300,000 1643i Terminal Trust Co 125,000 48,429 463,440 Federal Trust Co.._ 206.421 3,307.933 100 200,000 175 Union Trust Co__ 1,500,000 38,676,705 85.340,734 100 Fidelity'Trust Co.... 3,200,000 16.573,771 34,501.654 100 489 Washington Tr Co_ 350,000 442.474 6,729,095 100 Finance Co, 1st pref a1,470,000 1100 104 West End S B dr Tr 440,849 3,511,998 50 125,000 2d preferred ___ a1,1130,000 )2,708,149 2,083.674 1100 109 William Penn Tr Co 125,000 71.498 1,026,032 Frankford Trust Co 641.012 5,736.630 50 250,000 173 Workingman's Say Franklin Trust Co.. 1,000,000 955,744 10,436,879 100 1804 Bank & Trust Co 100,000 1.320,274 0,484,362 30 Germantown Tr Co 1,000,000 1,305,827 10,662,050 100 227 flied Ay T & T Co_ 197,174 2,455,937 30 200,000 85 •Sale price. a Capital paid in; authorized amount is larger. b Capital to be increased. d May 5 1922. 1 Last sale. I March 10 1022. s Apr. 28 1921. t June 30 1921. A New stock. n Dec. 311921. Per ----- 360 187 185 120 160 210 252 108 580 120 242 102 Ash ...... ...... ...... Bent. 6 1921. ------ M. a Ex-divide nd. JUNE, 63 BANKS AND TRUST COMPANIES 1922.] TENNESSEE-Nat. banks May 5; State institutions latest returns. PENNSYLVANIA-(Concluded) Gross Surplus Capital. c* Profits. Deposits. Per, Par Reading 30 110 400,020 1,121,542 5,393,111 farmers' Nat Bank 100,000 316,379 1,389,359 100 290 Nat Bank Keystone 200,000 982,174 2,387,994 23 120 National Union Bk 581,632 50 75 100,000 100,460 NeYersink Bank _ _ _ 100,000 316,732 4,336,409 100 340 Penn Nat Bank_ _ _ 500,000 1,166,121 6,147,316 100 302 Reading Nat Bank_ 100,000 277,427 1,123,572 50 140 Schuylkill Vail Bk_ 300,000 905.767 1,905,912 100 290 Second Nat Bank__ 250.000 219,299 4,102,430 10 19 Barks Co Trust Co-250,000 158,901 1,191,375 10 14 Colonial Trust Co_ Pennsylvania Tr Co 1,000,000 1,239,741 10,932,268 100 250 500,009 759,077 2,038,173 100 225 Reading Trust Co_ share. 115 295 125 88 370 315 150 305 22 15 300 250 Per share. Scranton 431,960 5,974,769 100 211 400,000 County Say Bank_ _ 95 70,270 1.202.247 50 90 80,000 electric City Bank_ first National Bank 1,500,000 2,240,342 27,067,791 100 398 77 433,670 50 74 23,149 50,000 Green Ridge Bank_ 110 61,707 1,229,714 50 104 50,000 Keystone Bank_ _ _ 132,094 1,955,920 50 176 50,000 North Scranton Bk 70,114 1,420,935 50 100 105 75,000 Providence Bank _ 552,872 11,614.396 100 320 700,000 Peoples S & DimeBk 176,477 2.310,067 50 y100 110 60,000 __ South Side Bank.. 400,000 1,337,439 8.446,798 100 460 Third Nat Bank.. _ _ 817,872 7,112,126 100 340 500,000 Traders' Nat Bank_ 500,000 n 234,327 n2,866,203 100 121 Union Nat Bank_ _ _ 163,927 2,186,783 50 208 212 __ 60,000 West Side Bank_ 96 149,477 2,110,042 50 92 250,000 Anthracite Tr Co_ _ 130 96,914 1,412,372 100 126 _ 203,000 Lincoln Trust Co_ Per xhard Wilkes-Barre 95 187.764 1,848,291 50 90 210,000 Dime Bk Tit &Tr Co 673.427 6,149,124 100 255 260 375,000 first National Bank 367,129 4,036,541 100 155 160 410,000 Bk Luzerne Co Nat 750,000 2,606,713 11,087,740 80 195 205 Miners' Bk of W B _ 500,000 1,614,119 9,019,536 100 350 355 Second Nat Bank* 158,830 2,095,799 100 225 230 100,000 Slavonic Depos Bk. 90 72,771 1,299,737 50 85 125,000 _ South Side Bk 515,039 4,577,534 80 220 225 150,000 W B Dep & Say Bk 752,479 3,882,714 30 300 305 150,000 Nat Bank Wyoming 350.000 934,877 5,417.846 50 175 182 Wyoming Val Tr Co Par Mars. Williamsport 527,022 3,249,387 100 300,000 first National Bank 374,279 1,533.844 100 200 000 Lycoming Nat Bk 500.000 2,015,834 4.717,719 100 West Branch N Bk. 345,704 838,106 100 250.000 Williamsport N Bk. Northern CentralTr 316,630 2,934,231 100 500,000 Co 432,944 2.164,194 30 430,000 Ilasq Tr dr S Dep Co Per share York 200,000 81,397 1 915,910 100 Central Nat Bank_ 260,000 3,518,960 80 250,000 City Bank 145,991 11,232,377 100 100,000 Droy & Mech N Bk 225,000 13,750,000 100 800,000 first National Bank 170.997 1,908,446 100 325,000 Western Nat Hank.. 891,207 12,299,440 20 800,000 York Co Nat Bank _ 411,594 2,641,613 15 500,000 York Nat'l Bank.. 233,577 1,771,105 25 800,000 Guardian Trust Co 116,949 1,196,651 50 350,000 eecur Title dr Tr Co 149,967 2,022,009 60 800,000 Trust Co__ _ _ York RHODE ISLAND-Nat. banks May 5; State institutions latest returns. Newportaquidneck Nat Bk NatExchange Bank Newport Nat Bank Newport Trust Co. Pawtucket Slater Trust Co_ -Providence Blackstone Can Nat Columbus Etch Bk High Street Bank_ Mechanics' Nat Bk Merchants' Nat Bk Nat Bank of Comm Nat Exchange Bank Phenix Nat Bank_ _ Providence Nat Bk Westminster Bank. Industrial Trust Co Rhode I Hos Tr Co Union Trust Co_ _ _ Woonsocket Citizens' Nat Bank National Globe Bk. Producers' Nat Bk- Par share. 200,000 110,000 120,000 300,000 140,717 2,042,422 60 87,039, 727,764 60 72,0001 462,734 60 241,2001 1,850,859 100 Per share, 500,000 1,777,5791 16,146,189 100 844,517 2,671,438 500,000 60,344 1,620,197 150,000 159,444 1,661,247 120,000 500,000 r 324,511 r5,143,064 1 000,000d1.601,395 8,224,716 850,000 1,345,922 4.601,799 500,000 1,571,947 13,747,492 480,000 1,046,441 1,789,660 300,000 1,289,001 2,566,706 170,009 3,037,297 300,000 3,000,000 6,383,590,74,471,007 4,860,229 57,613 339 3,000,000 657,971 13,305,875 1,000,000 Gross Surplus Capital. cft Profits. Deposits. Per, Bid. Ask. Per share 50 Ask. $ $ Chattanooga $ 358,455 2,114,908 100 500,000 Amer Tr & Bkg Co_ 458 149 4,292,147 100 S Bk_ 750,000 Chattanooga First National Bank 1,000,000 1,109,277 12,219,131 100 510.700 99,000 First Tr & Say Bk_ 500,000 747,725 10,052,393 100 Hamilton Nat Bank 1,500,000 154,727 2,693,728 103 250,000 Hamilton Tr & S B. Per share Knoxville American Nat Bank City National Bank East Tenn Nat Bk_ Holston Nat Bank_ Mech Bk & Tr Co_ Third Nat Bank... Union Nat Bank - Per chore 150,000 500,000 400,000 800,000 300,000 300,000 200,000 850,000 6305,447 1688,217 1155,291 140,321 e233,117 1155,977 8700,000 e6,203,900 15,361,377 12,588,045 1,554,508 s1,291,424 13,900,000 100 100 100 106 100 100 100 Memphis Bank of Com&T Co 1,500,000 2,352.007 17,529.775 100 497.749 5,697,409 100 Cent State Nat Bk_ 600,000 821,623 4,950.789 100 500,000 First National Bank 66.697 1,966 928 100 50,000 Amer S B & Trust 37.097 .783,992 100 500,000 Guaranty Bk & Tr.. 164.027 2,210,764 100 200,000 Liberty S Bk & Tr_ 157,020 3,790.736 25 150,000 Man Say Bk & Pr.. 145.141 3,016.723 100 300,000 National City Bank 1119,141 4,944,977 100 150,000 No Memphis S Bk_ 550,000 100 82,000 800,000 Security 13k:& TrCo 76,320 1,226,237 100 50,000 State Savings Bank Union & Planters' 788.377 20.901,155 100 Bank & Trust Co 1,800,000 270,389 5,868,725 100 600,000 Cornm Tr & Say Bk Psr share Per Nashville 954,399 16,624,204 100 243 American Nat Bank 1,500,000 200,000n 309,177 n3,104,732 100 230 Broadway Nat Bk_ 953,977 100 145 46,792 100,000 Central Bk & Tr Co 91.074 1,244.795 100 150 100,000 Farm Sc March Bk_ 217,914 4.213,290 100 240 220,000 First S Bk & Tr Co_ Fourth & First N 13 1,100,000 r1,116,172 r14494239 100 240 Tennessee Hermit300,000n 76.194n1,429,745 100 95 age Nat Bank_ _ _ 42,420 3.233,706 ____ 100 500,000 American Trust _ _ _ 416.477 2,874.149 100 230 350,000 Nashville Trust Co 46.314 1,352,955 100 160 100,000 State Bank & Tr Co share 245 240 150 155 250 250 100 245 170 TEXAS-National banks May 5; State irastlutions latest ref Arne. Par share Austin300,000 r 833,140 5,733,799 100 American Nat Bank 100 -----300,000 s 755,877 35,370,443 Austin Nat Bank__ 53,711 1,375,742 130 -----100,000 State National Bk_ Per Mare. Beaumont 506,159 3,647,776 100 230,000 American Nat Bank 100 398,032 5,445.790 400,000 First National Bank 183,997 2,136,505 100 250,000 Texas Bank Sc TrCo Dallas Am Exch Nat Bank State Bank Central City National Bank Dallas Nat Bank__ Republic Nat. Bk._ Nat 13k of Comm'co Southwest Nat Bk_ Dallas Tr Sc Say Bk 1,500,000 1,000,000 1,500,000 500,000 1,000,000 150,000 2,000,000 1,000,000 2,240,077 29,361,775 448,779 3,505,722 2,917,229 18.630,430 132,492 3,106,109 r 125,929 71,081,934 333,449 3,954.144 r 559,117 r15051479 316,520 10,827,284 100 100 100 100 100 100 100 100 El Paso 200,000 r 27,449 r1,310.567 100 Border Nat Bank.. 89.497 8,024.008 100 500,000 National Bank City 232.599 11,960,046 100 First Nat Bank_ _ _ _ 1,000,000 300,000 r 185.871 r3,558,267 100 State Nat Bank .._ _ 56,107 2,401,278 100 350,000 Amer Tr Sc Say Bk_ 25.000 1,448,628 100 200,000 Security Bk Sc Tr_ _ Per 350 95 380 120 130 260 100 150 share 350 100 390 125 135 105 152 25 80 50 95 50 50 89 Per share. 50 Fort Worth 100 255 n2,627 n4,737.726 100 100 110 750,000 Continental Nat Bk 50 522,110 9.546,269 100 200 225 500,000 Farm Sc Mech N Bk 100 230 First National Bank 1,000,000 n 688.392 n13049261 100 230 50 56 52,100 1,134,000 100 100 100,000 Ft Worth State Bk_ 100 600,000 d1,586,911 d13137 320 100 400 Ft Worth Nat Bank 1000 225,671 2,852,747 100 250 300 200,000 Stockyards Nat Bk 100 243,877 4,012,920 100 275 300 300,000 Texas State Bank__ Per share. 46,000 881,303 100 100,000 Per altars Galveston 73.971 630,972 25 100,000 277,614 5,566,296 100 160 185 200,000 City National Bank 299,540 2,550,097 20 200,000 258,671 2,221,775 100 150 160 200,000 First National Bank 183,571 3,343,715 100 200,000 So Texas State Bk_ SOUTH CAROLINA -Nat. banks May 5; State institutions latest returns. 773,792 7,060,070 100 250 400,000 Texas Bank Sc TrCo Per share Charleston-Nc mina: pr(se: 109 231 2,432,795 100 Houston 100,000 Atlantic Nat Bank_ 835,694 21,450.779 100 319,001 3,975,295 100 290 300 First National Bank 2,000,000 200,000 Atlantic Say Bank_ 51.009 1,034.297 100 200,000 966,240 6,052,709 100 170 200 Guaranty Nat Bank Bk of Charl'n,N BA 1,000,000 853.079 7,958,007 100 800,000 204,552 2,630,270 100 225 250 llouston Nat Ex Bk 200,000 Carolina Say Bank_ 631,621 8,717.403 100 600,000 75.570 1,108,084 100 135 Lumber'ns Nat Bk_ 75,000 140 Citizens Bank 424,792 5,009,930 100 500,000 87,397 1.349,421 100 150 175 Nat Bank of Comm 300,000 Commercial Nat Bk 22,691 1,113,137 100 150,000 76,544 2,133,720 100 140 160 Peoples State Bank Dime Bk Sc Tr _ _ 200,000 54,764 2,413.971 200,000 130,027 1,392,473 100 215 225 State Nat Bank___ 100,000 Etch Birg & Tr Co_ 1,210,519 15,278,332 100 543,727 2,301,362 100 360 365 Union Nat Bank.._ 1,000,000 300,000 First National Bank 32.383 Sou Texas Commer360,324 100 120 123 Miners & Merch Bk 50,000 484.711 3.920,761 100 170 200 cial Nat Bank___ 1,000,000 r1,250,000 16,276,792 130 People's Nat Bank. 300,000 262,872 c1,742,405 100 300,000 25,864 2,009,077 100 225 250 Guardian Tr Co___ Security Say Bank_ 50,000 Per share. 49,371 1,818,677 100 140 160 San Antonio 100,000 So Car L'n & Tr Co 100 Alamo Nat Bank__ 1,000,000 r 305,767 r5,651,194 100 1.000,000 r 192,764 r7,832,529 City National Bank Greenville 1,000,000 r 666,727 r5,451,968 100 50,600 1,516,303 Frost Nat'l Bank 225.000 Amer Bk & Tr Co_ 250,000 r 149,020 r1,407,784 100 105.049 881,36i, Groos Nat Bank_ _ _ 300.000 Bank of Commerce 200,000 r 365,760 r2,143,702 100 9,367 Lockwood Nat Bk291.047 Citizens Trust Co _ 100,000 600,000 r 238,401 r3,716,968 100 41,817 Nat Bk of Commice 989,710 Farmers & Mer. Bk 50.000 500,000 r 225.707 r2,320,727 100 San Antonio NatBk First Nat. Bank_ 150,000 r 229,432 r2,672,906 21,469 3,263,416 100 200,000 Central Trust Co Norwood Nat. ilk._ 500.000 r 894,757 r4.331,176 125.320 1,818,743 100 300,000 Com'w'ith B&T Co Peoples Nat. Bk.... 200.000 r 270,871 r2,457,742 76,607 1,761,311 150,000 40,154 1,230,962 Guaranty State 13k. Piedmont Say& Tr. 50,000 48,499 r1,244,956 Woodside Nat Bk. 200,u00 r Per chars. Waco Spartanburg20,290 1,374,560 300,000 79.176 537,578 100 180 185 Texas State 13k& Tr American Nat Bk _ 100,000 173,431 2,907,721 100 500,000 29,049 670,679 100 Central National__ 101 Bank of Commerce 100,000 187,979 1,476,443 100 250,000 104,878 755,339 100 Citizens' Nat Bank 100 179,000 Bk of Spartanburg _ 278,497 4,888,043 100 600,000 281,547 1,721,180 100 165 First National Bank Central Nat Bank _ 400,000 181,572 1,503.903 100 300,000 16,277 320,742 100 100 First State B Sc TCo Dollar Say Bank_ _ _ 100.000 123.544 1,557,424 100 300,000 223,007 2,261,490 100 135 145 Liberty Nat Bank_ First National Bank 500,000 309.059 100 36,144 100,000 120,000 900,000 100 235 Nationa !City Bank Mer & Farm Bank_ 100,000 245,772 2,414.010 100 300,000 31,694 379,035 100 153 Provident Nat Bk_ Southern Trust Co. 60.000 zEx-dividend. r New stock. 1 Last •sale price, a Capital and surplus to be increased. h Capital to be increased. p Amount paid in c In1921. sale, d Mar. 10 1922, a Sept. 6 1921. 1 June 30 1921. • April 28 1921. g Including First S. Bank Sc Tr. Co. stock. • Feb. 21 r Dec. 31 1921. cludes Trust Funds. • Nov. 15 1920. 64 BANKS AND TRUST COMPANIES UTAH-National banks May 5; State institutions latest returns Capital. Ogden Commercial Nat Bk 100,000 First National Bank 150,000 Nat Bank of Comm 250,000 Ogden Say Bank_ __ 150,000 Ogden State Bank_ 100,000 Utah Nat Bank_ __ 500,000 Salt Lake City Continental Nat Bk 250,000 Deseret Nat Bank_ 500,000 Deseret Say Bank_ 500,000 Nat Bk of Republic 800,000 National City Bank 250,000 National Copper Bk 300,000 Utah State Nat Bk_ 1,000,000 Utah Say & Tr Co_ 300,000 Walker Bros,B'kera 650,000 Eon Bay Bk & Tr Co 1,000,000 Surplus Profits. 156,694 372,177 57,174 165,000 263,470 135,527 WEST VIRGINIA-Nat. banks May 5; State instiltsi(ons latest returns Gross Deposits. Par. Bid. 1 Surplus Gress Capital. di Profits. Deposits. Par.! Ed. Ask. 1,446,840 100 2,161,965 1,272,043 1,925,401 _ 5,028 945 2,436,990 100 133,337 2,802,206 c728,409 c4,1323,240 349,371 4,995,911 c358,637 c3,622,473 n76,740 n3,189,205 v145,971 v4,449,043 634,497 5,448,921 68,112 1,257,744 475,017 15,779,758 469,779 9,192,312 [VOL. 114. Per share. 100 100 100 100 100 100 100 100 100 100 Wheeling Bank of Ohio Valley Centre Wheel'g Say Citizens' -Peoples' Trust Co Half-•Dollar Say Bk Nat Bank of W Va. Nat Exchange Bank Quarter Says Bank.. So Side Bk & Tr Co Dollar Say & Tr Co Security Trust Co.. Wheeling Bank de Trust Co 175,000 100,000 300,000 100,000 500,000 500,000 200,000 100,000 750,000 300,000 300,000 I Ask Per akar, 75,507 1,523,928 To, 69,249 1.544,198 100 184.107 214.824 403,171 595,717 107,500 168,440 1.551,797 329,817 2,075,371 100 2,111,774 100 5,621,901 4,712,419 1,055,700 1,528,005 9,392,507 2,752,776 101) 101) 100, 100 1001 100 500.000 4,743,761 100 I SIIRMONT-Nat. banks June 30; Staff institutions latest returns. -Perthere Barre Rntutte IS B & TrCo 15,000 52,024 2,251.778 100 reopie's Nat Bank.. 100,000 aiarry S Bk&T Co. 100,000 855.200 .2,061.794 100 28,274 1,560,471 Burlingtonloward Nat Bank.. Verchants Nat BkBurlington Tr Co-Montpelier-3apital S B & Tr Co First National Bank Montpelier Nat Bk liontrer S B & T Co RutlandBaxter Nat Bank.... Dlement Nat Bank_ Killington Nat Bk_ Rutland Co Nat Bk Rutland Trust Co- 500,000 150,000 250,000 100,000 100,000 150,000 100,000 100,000 100,000 100,000 100,000 50,000 297,927 2,010,746 100 202,572 Per share. 577.739 100 243,074 2,924,405 100 165,920 2,624,332 42.270 81,082,910 8118,227 £1,512,137 221,500 4,340,475 76,998 Per share 100 100 100 100 Per share 377.526 100 211,597 2,324,419 100 102,459 429,745 100 77,297 1,066,334 100 149,703 2.376,922 100 1 ifIRGI NIA-National banks May 5; State institutions latest returns. Lynchburg First National Bank Lynchburg Nat Bk People's Nat Bank.. Aynchburg Tr & BB Norfolk Citizens Bank Nat Bk of Comm'ce Trust Co of Norfolk Norfolk Nat Bank_ Seaboard Nat Bank Virginia Nat Bank.. Petersburg Petersburg Say& Tr Nat Bk of Petersb_ Virginia Nat Bank_ Richmond American Nat Bank Bank of Corn & Tr.. Broad Street Bank.. Broadway Nat Bk_ Central Nat Bk Church Hill Bank.._ First National Bank Mach & March Bk_ Merchants Nat Bk_ Nat State & CityBk Planters Nat Bank.. Sav Bank of Richm Union Bk of Richm West End Bank.._ _ Old DominionTr Co Richmond Trust Co Virginia Trust Co.... 675,000 1,000,000 500,000 300,000 876,795 850,839 738,077 354,277, 5,417,416 3,726,073 2,873,064 2,787,670 WISCONSIN-National banks May 5. State institutions latest returns La CrosseBataviau Nat Bank Exchange State Bk Nat Bk of LaCrosse Security Says Bank State Bk of LaCr'se 400,000 25,000 500,000 80,000 100,000 Per 'share 320,110 3,400,953 100 41.189 805 660 100 432.419 4,402.726 100 23,819 864,885 100 84.599 1,852,635 100 Milwaukee Badger State Bank 200,000 74,249 3,434,300 100 City Bank 300,000 37.149 1.768.703 First Wisconsin NB 6,000,000 4,707,549 73.413.779 100 Amer Exch Bank 1,000,000 357.199 9 271.494 100 Marine Nat Bank 500,000 1,117,209 9 702.171 100 Marshall At Ilsley Bk 1,000,000 1.633.202 22,461,999 100 Mer & Farm Btate_ 130,000 60,551 2.154.171 100 Mer de Manufac Bk 400.000 165.274 2,278 331 100 Milw Comm'i Bank 100,000 24.144 1,195.161 100 Nat Bk of Comm'ce 1.000,000 386.876 6 413,904 100 Nat Exchange Bank 500.000 738 417 7.512.725 100 Second Ward Say B 1,000,000 1,578,507 29 978 981 100 West Side Bank.._ _ 400,000 474,267 2 819.126 100 North Ave State-200,000 52,301 2,410,144 100 First Wise Trust Co 800,000 871.514 1,961,707 100 Per share 1123. 120 190 127 245 213 ,198 ;131 1 ,220 127 120 122 200 125 1125 210 142 101 147 1103 1 WYOMING-National banks June 30. 100 100 100 100 Ch.yenneCitizens Nat Bank- Per slier, 100,000 175,0001 1.600,441 100 -.- -First National Bank 200,000 283,2091 6,243,709 1001,000,000 720,444 5,219,837 100 235 Stock Growers N B 100,000 r298,972 r1,206,720 1,200,000 1,814,061 14,410,666 100 273 280 Wyom Tr At Say Bk 60,000 670,131, 100 -..... 1,000,000 890,117 5,087,768 100 200 205 48,8971 1,000,000 1,279,029 9,298,259 100 215 225 500,000 c394,980 c4,993,729 100 203 208 500,000 284,372 3,543,500 100 180 190 Per share. 1 1,000,000 212,624 3,434,170 100 600,000 373,045 2,936,970 100 CANADA. 500,000 e253,900 e3,561,7351 100 Returns are all of date Feb. 28 1922. Per share. 1,000,000 948,677 11,450,782 100 235 240 500,000 618,679 3,490,986 100 215 222 NOVA SCOTIA. 200,000 271,814 3,336,199 25 75 1 85 200,000 n60,747 n1,428,698 100 121 !122 500,000 314,579 4,430,077 100 170 185 Capital Reser.. 180,000 117,240 1,622,006 100 200 Paid in. 1 Puna. tiel.e.4to. Pa Bid. Ask. 3,000,000 c2,042,073 c24541746 100 257 260 100,000 183,727 1,521,733 100 300 312 Prices are per WW1, mill per O. are 400,000 1,842,009 14,697,444 100 Halifax800 I Per 1.000,000 n1,238,720 n12726432 100 222 230 Bk of Nova Scotia.. g9,700,000 19,000,000:169467549 lot 257 cent. 1,000,000 2,161,720 11,201,009 100 400 415 200,000 351,984 1,881,726 25 92 04 500,000 911.762 1,897,5771 50 155 165 100,000 122,703 1.040,991' 23 62 ONTARIO. 70 1,000,00( 1,247,627 2,304,728 100 225 230 1,000,000 240,974 2,155,252 100 98 100 1,000,090 1,009,197 3,987,293 100 310 320 Hamilton Per Bank of Hamilton- 5,000,000 4,850,000 55,881,419 to, 105 cent. Per share. WASHINGTON-Nat. banks Seattle Bank for Sayings__ 400,000 Canad'n Bk of Corn 200,000 Dexter-Horton N B 1,600,000 First National Bank 500,000 Marine Nat Bank__ 200,000 Metropolit'nNatBk 800,000 Nat Bk of Comm'ce 1,000,000 Nat Cy Bk of Seatt 500,000 People's Say Bank.. 100.000 Seaboard Nat Bank 200,000 Seattle Nat Bank_ 1,000,000 Am Say Bk & Tr Co 600,000 Union Nat Bank..__ 600,000 Spokane Bank of Montreal... 100,000 Facnange Nat Bic__ 1,000,000 Fluenty Nat Bank_ 400,000 Old National Bank_ 1,200,000 tkandlua v-Amer 1314 100,000 Spots (it Etta& Tr Co_ 1,000,000 Union Trust Co__ 200,000 Wasnington Tr Co_ 200,000 Tacoma Nat Bk of Tacoma.. 1,00(J,000 Puget&1131tderr 300,000 May 5; State institutoins latest returns 37,970, 828,463 54,694' 3,526,302 679,721 20,723,229 520,879 11,263,430 62,661 4,947,472 202,707 4,930,722 985,087 18,715,914 298,939, 5,313,146 248,574' 4,051,944 63,899 2,554,466 881,320 22,006,255 99,107 2,138,422 91,830 10,188,895 Per ishore. 100 100 100 100 100 100 100 100 100 tUt 178 10( 183 10( 10( 10( 170 5( 200 10( 184 190 172 201 100 100 100 100 QUEBEC. Pep 9,149 1,241,078 291,007 8,532,894 124,877 4,240,013 685,927 17,889,366 49,039 1,368,141 512,1471 9,653,121 179,200 137,333 86,797 1,330,393 Toronto Bank of Toronto.... p5.000,000 0,000,00( 68,813,266 Can Bank of Comm 16,000,000 15,000,00( 291141292 Dominion Bank__ 6,000,000 7,000,00( 94.248.494 Home Bk of Canada 01,959,073 650,00( 17,926,397 Imperial Bk of Can 0,000.000 7,590.001 86,617,796 Standard Bank__ 4,000,000 5,000,000 64,699,011 Sterling Bk of Can. 1,232.200 500,000 14,344,283 share 100 100 100 100 100 100 100 100 478,191 14,732,724 100 59,0)4 2,613,271 100 Per chars Montreal Bank of Montreal__ 22,000,000122,000,0001388544505 Banqued'Hochelega 94,000,0001 4,000,000151.125,225 Motown's Bank.._ _ _ g4,000,000 5.000,00o 50.091,260 Provincl Bk of Can 3.000.000 1,500,000 29,778,565 Royal Bk of Canada 20,400,000 20,400,0001 369021371 Per cent, 10( 216 10( 10( 158 101 10( 193 218 200 Quebec Banque Nationale_ 2,000,000 400,000 40,282,920 10t Union Bank of Can 0,0000300 6,000;000194,318,079 100 135 SASKATCHEWAN. WeyburnWeyburn Seem Bk.1 524,5001 225,000 1,920,1471 101. ._____ •Sale price. a Sept.8 1920. g This is capital paid in. authorized amount is larger. s Ex-dividend. s April 28 1921 r May 5 1922. tJan. 1 1921. e Sept.8 1921. n Dec. 31 1921. k Includes one-third of a share in Dexter-Horton Trust & Sayings Bank stock. d March 6 1917. c Mar. 10 1922. h New stock. v June 30 1921.