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m ''"V r\.4v.4:—• Vi,.:. sections wo section 44$ two l.r'Hcf.' v. IS 44 •M; SECTION. r - / ' 7,.; PAGES TO 1 64 INCLUSIVE. I •. 4,'7"\J " ■ A'V '<■ ".r--: 77 & 777 INDEX TO THIS SECTION -1. i ~ . REVIEW OF 4 MAY PAGE PAGB 13 TEXTILE MANUFACTURING STOCKS— . NOBTHBBN MILLS NEW YORK STOCK EXCHANGE- .. .... SOUTHERN MILLS BOND RBCOBD OV BBOOBD OV STOCK AND PBICHS— 19 BAT JOT AND PBICBS.- 29 SALES ... 40 40 V; CANADIAN GENERAL QUOTATIONS- MILLS ... 40 MINING STOCKS 40 INSURANCE STOCKS AND SCRIP 40 STEAM RAILROAD BONDS 33 STEAM RAILROAD STOCKS. 38 PUBLIC UTILITY BONDS 39 U. S. AND MUNICIPAL BONDS. 49 PUBLIC UTILITY STOCKS 43 CANADIAN MUNICIPAL BONDS. 60 INDUSTRIAL A MISCELL. BONDS 44 FOREIGN GOVERNMENT BONDS:.. 49 I/; INDUSTRIAL A MISCELL. STOCKS 47 BANKS AND TRUST COMPANIES... 66 L EXCHANGE SEATS 45 CANADIAN BANKS 04 WWe have no extra REAL ESTATE TRUST A LAND STKS. 47 TITLE GUAR. A SAFE DEP. STOCKS. 47 copies of this ^ 7" V, Section. •7:,.77. I •*- ■■.v 7; ,;'4:VS¥ <Tixm.e 5, 1920 ■ • 77; 77 'v,VvV„-1 ■•••>" S?1 .7',7 7 77 !i• WILLIAM B. DANA COMPANY, Fbont, Pene & Depeysteb Sts., New Yobk, IP 7- ■ Copyrighted in 1920, according to Act of Oongrees. byiWILLIAM B. DANA COMPANY, in office of Librarian of CongroM. Waahington,!D. O, http://fraser.stlouisfed.org/ I7.7;-:7~77 Federal Reserve Bank of St. Louis r PUBLISHERS. , ,v,-J .. :■■■■■ .y ,, ■ ^4:^ - ■■■ - ■ ,"*£1 Abstract of Statement Income fof Year 1919 Paid to December 31, 1919- $112,753,456.59 - - Policy-holders during 81,113,205.12 year 574,384,952.83 Reserves and Liabilities Assets - - - Insurance in Force - 2,089,171,357.00 - - CHARLES A. PEABODY, WILLIAM GEORGE *■' ' TAMES H. 1 3,700,739.87 President TRUESDALE, Vice-President WHITE, 2d Vice-Presidents DEXTER, TIMPSONj GEORGE WILLIAM T. M. 662,390,274.90 - - Annuities in Force GRANVILLE 88,005,322.07 ■■ Contingency and Dividend Funds C. F. KEEFER, DIX, ) > Secretaries "THE BANE THAT SERVICE BUILT." paterson, n. 3. THE Seaboard National Bank NEW YORK First National Bank Statement iat Close of Business May 4 1920. resources— §39,983,498 27 Banking House 819,642 19 United States Bonds and Certificates of Indebtedness 8,139,627 15 Loans and Discounts Statement at Close of Business —— May 4 1920. —........... — RESOURCES— _ Time - ...... Bonds, Securities, &c 3,184,130 Due from Banks—397,447 Due from Federal Reserve Bank of New York.... 6,757,135 Cash Exchanges and Due from U. S. Treasury... 9,349,119 Customers* Liability Letters of Credit 846,030 Customers* Liability Account of Acceptances— 758,602 —. 44 Loam .... $3,048,514 41 ........... U. S. and Other Bonds 37 84 34 65 72 ............ 1,753,870 00 —4 ■ Cash and Balances In Banks.......$1,478,44i Due from Treasurer U. S........... Demand Loans .................... $47802,38441 98 14,800 00 617,950 00 2,111,19198 $70,235,233 87 Real Estate LIABILITIES— Capital Stock........... Surplus and. Profits (Earned)....—-— $1,000,000 00 .................. $7,222,376 39 Circulation —————————— Special Reserve—.—......................... 4,395,838 21 66,995 00 350,000 00 nearned for Beserved Taxes —....... Discount............................ 306,807 196,986 99 63 Circulation Acceptances Executed for Customers.—....... Bills Payable & Rediscounts with Federal Re* 758,602 72 Bills payable———. _ serve Bank ...— U. S. Bonds Deposits — .... Letters of Credit— 295,997 50 ................................... 200,000 00 —— Deposits 5,500,392 05 $7,222,376 93 300,000 00 58,121,444 59 $70,235,233 87 OFFICERS. L. N. DeVAUSNEY, Vice-President. O. O. FISHER, Asst. Cashier. J. D. SMITH. Asst. Cashier. B. I. DAD SON, Asst. Cashier. J. E. ORR. Asst. Cashier. O. H. MARFIELD. Cashier. O. M. JEFFERD8, Asst. Cashier. W. A. B. DITTO, Asst. Cashier E. V. NELSON, Trust Officer Correspondence Invited with Capital Stock, Surplus and Undivided Profits.... $1,225,986 84 846,030 65 Borrowed-........*................ ................................... W. K. OLEVERLEY, Vice-President. B, L. GILL, Vice-President. LIABILITIES— 3,892,528 08 ..... — S. G. BAYNE, President. 308,800 00 ................................... OFFICERS. EDWARD T. WHITFIELD W. SMITH, Cashier FRED'K D. BOGERT. Asst. Cash WILFRED E. RILEY. Asst. Cashier. PROMPT ATTENTION GIVEN TO COLLECTIONS View to Business a BELL, President. ROBERT JT. NELDEN. Vlce-Prea. Relations THE HANOVER OF BANK NATIONAL THE CITY Of NEW YORK ESTABLISHED 18SI SURPLUS & PROFITS, $19,000,000 CAPITAL, $3,000,000 ACTS AS TRUSTEE, EXECUTOR, ETC. INQUIRIES IN First INVITED REGARDING SERVICE FIDUCIARY EVERY National Bank OF JERSEY CITY CAPACITY COAL ✓ IRQN KNAb NEW YORK Statement at Close of Business May 4 1920, RESOURCES— Statement at Close of Business May A 1920* RESOURCES— Loans and Discounts—... $16,901,176 30 Interest Earned but not Collected—........ 13,89154 U. S. Liberty Bonds 922,271 65 U. S, Certificates of Indebtedness........—..... 574,000 00 U. S, Bonds account Circulation................ 415,000 00 Other Stocks and Bonds.—..—.........—...— 2,163,720 78 Due from Banks..—.————.——..——— 1,073,459237 Cash and Exchanges... 4,272,902^.97 Customers* Liability, Letters of Credit, Accep* tances, &c—1,003,159 72 ... - .......... $6,079,152 99 Loans and discounts Customers* liability account acceptances...—. 179,052 98 Reserve with Federal Reserve Bank— 952,602 61 ...... ......... Real estate and securities 977,103 00 .................— —.... _ United States bonds and certificates ....... 2,608,699 50 Cash and due from banks and bankers.......... 3,015,175 67 $13,811,786 75 _ ... $27,339,582£33 LIABILITIES— Capital Stock $1,500,000 00 Surplus and Profits (Earned).—..........—.. 1,580,074 71 Circulation 406,400 00 Unearned Discount——————— 58 533 74 Deposits 17,570,221 39 Postal Savings Deposits...............*........ 471 245 00 U. S. Government Deposits 85,000 00 Reserve for Interest Accrued................... 9 010 90 Rediscounts, Bills Payable, Federal Reserve Bank 4,495,899 78 Reserve for Taxes and Contingencies....—...... 116,699 47 Acceptances for Account Customers— .... 1,047,497 34 - Liabilities— - Capital -— Surplus and undivided profits........ $400,000 00 ..... 1,353,014 68 Circulation................................*... 400,000 00 Time acceptances.—. Bills payable. ———...—179,052 98 1,500,000 00 -V 1 Deposits 9,979,719 09 4 $27,339,582 33 $13,811,786 75 JOHN T. SPROULL, President, DAVID TAYLOR. Vice-President. ALLISON DODD .Vice-President. EDWARD I. EDWARDS, President ROBERT E. JENNINGS, Vice-President HENRY BROWN JR., ADDISON H. DAY, Cashier. WALLAOIS A. GRAY, Asst. Cash. WILLIAM H. JAQUITH. Asst.Cash. ARTHUR A. O. LUDKRS, Tr. Off. Cashier JACOB R. WORTENDYKE, Asst. Cashier Member New York Clearing House Association THE Bank National Merchants PROVIDENCE. R. I. Statement at Close of Business May 4 1920. Established ASSETS Discounts Loans and $11,889,699 2,154,216 — 620,546 — 1,767,723 340,087 . Bonds and Securities.*..*...... — Banking House United States Government Securities Acceptances of Other Banks.. States Treasurer...—— Statement at Close of Business May Loans and Discounts————————————— United States Bonds—— Other Bonds and Securities ...... Customers* Liability Account of Acceptances... Stock In Federal Reserve Bank—Banking House— Cash and Due from Banks— ——Interest Earned, not Collected — . 2,775,098 67 ...—....... $20,702,152 98 LIABILITIES— $1,000,000 00 1,196,343 21 - — — .... ... 100,000.00 1.737,350.65 25,584 89 50,000 00 Beserved Taxes and Interest nearned for Discount— National Bank Notes Outstanding Deposits Acceptances Executed for Customers Reserved for Depreciation of Securities $20,702,152 98 The Largest , LIABILITIES— Capital——- $1,000,000.00 Surplus and Undivided Profits1,373,426^75 663,657 21 15,000 00 16,896,599 59 Liberty Bonds, Notes and Rediscounts-Bond Account— $8,581,560,88 1.152,759.00 I,417,261j79 417,500 00 60,000,00 $13,492,017*21 Surplus and Undivided Profits Reserved for Taxes-..-....—12,039 51 Circulating Notes., — 15,000 00 Acceptances Executed for Customers..... 1,003,513 46 Deposits 4 1920. RESOURCES— 21 " Capital 1818 UNITED STATES DEPOSITARY 72 25 80 28 1,154,781 05 Credit Granted on Acceptances — Cash on Hand, in Banks, and Due from United Bank National Merchants WORCESTER, MASS. —. , —- National Bank in Massachusetts, 89,31068 060,500,00 9,441,279 88 417,500 00 160,000*00 $13,492,017 21 Outside of Boston. ROBERT W. TAFT, President CHARLES H. NEWELL, Vice-President MOSES J. BARBER, Vice-President . FRANK A. GREENE, Cashier WILLARD I. ANGELL. Assistant Cashier HARRY S. HATHAWAY, Assistant Cashier. H. T. TILLSON, Asst. Cashier. DRURY, President. EVANS, Vice-President. BRIGHAM, Vice-President. CONLON. Vice-President. O. 8. PUTNAM, Cashier. P. A. O. A. A. R. W. J. J. A. FITZGERALD, Asst. Cashier. N. B. POTTER. Asst. Cashier. « . R. W. DAVIS, Asst. Cashier. H. 8. BOWKER. Asst. Cashier. H. R. McINTOSH, Asssitant to President. Collections Received Collections all New England Terms. on on points in this State made direct and remitted for promptly at low rates. I Favorable on . BOSTON'S OLDEST BANKING INSTITUTION, INCORPORATED 1792 THE NATIONAL UNION BANK BOSTON 40 STATE STREET STATEMENT AT THE CLOSE U. S. Bond to Secure Circulation Other U. S. Bonds and Certificates Bonds and Stocks-Time Loans and Discounts—..— Demand Loans.. Due from— Federal Reserve Bank Other BanksU. S. Treasurer Exchanges.... $400,000 1,051,050 245,156 9,043,945 ... MAT 4 1920 Capital 00 00 00 17 Reserves — $2,774,086 31 391,000 00 Circulation Deposits— Individual 1,103,720 42 1,382,363 08 ... | $1,000,000 00 1,000,000 00 673,838 29 100,248 02 — Surplus Profits (Net) $2,782,917 81 — OH BUSINESS LIABILITIES. RESOURCES. _ ..$10,161,089 32 2,171,110 04 14,328 11 BankTime 20,000 00 867,192 47 497,268 83 12,346,527 47 930,000 00 Rediscounts with Federal Reserve Bank 6,653,462 61 391,409 83 6,600 00 Customers' Liability—Acceptances—.... Customers' Liability Letters of Credit— Acceptances executed. 391,409 83 ... .... Letters of Credit---------Notes Payable — - — - — 6,600 00 500,000 00 452,000 00 - Bonds Repledged $17,791,623 61 $17,791,623 61 Henry S. | Grew, President William S. Stevens..Vice-President B. Lome M. Graves.... Ross An J. C. W. Marno Cashier Hubbard B. Mansfield..Asst. Cashier Vice-President Asst. Skinner Cashier Independent Bank Whose Medium Size Gives Assurance of Personal Attention to its Depositors THE Jtflaixia, ©a. FIFTH-THIRD N"L Atlanta National Bank ' 4 of Cincinnati Statement at Close of Business Feb. 23 1920. RESOURCES^— Statement at Close of Business Loans and Discounts —$19,818,479 47 United States Bonds and Treasury Certificates.. 3 384.922 29 Other Bonds and Stocks .——.-— 145,825 96 ... May 4 1920. RESOURCES. — Banking House Customers' Liability Account Acceptances-—... Cash Due from Banks and U. S. Treasurer...... 800,000 00 701,686 42 6,585,501 84 .... Loans-— $27,252,318 U. S. Bonds. ..J—— 3,828,800 Bonds and Securities 3,624,003 Stock Federal Reserve Bank.... 135,000 Acceptances and Letters of Credit 2,184,290 Banking House 600,000 Cash and Due from Banks and U. S. Treasurer.. 9,943,900 .......... 95 00 87 00 81 00 $31,436,315 89 LIABILITIES—' Capital Stock Surplus and Undivided Profits..-.— Reserved for Taxes, Interest, Etc..——— Circulation Acceptances for Customers-. Deposits - 39 $47,568,314 02 LIABILITIES. Capital Stock........... Surplus and Profits $3,000,000 00 ...... | 2,227,882 55 $5,227,882 1,927,897 3,609,092 2,301,765 Circulation——-..Notes and Bills Sold—..—. Acceptances and Letters of Credit U. S. and Other Bonds Deposits 55 50 89 06 2,244,650 00 ——— ..... ... 32,257,026 02 $47,568,314 02 OFFICERS. President. CASPER H. ROWE, Vlce-Pres. KDWARD A. SEITER, Vice-Pres. MONTE L GOBLE I• Vice-Pres. CHARLES T. PERIN, Vice-Pres. DESIGNATED JDEPOSFTARV OF tl. S. GOVERNMENT, J. D. LEITNER, Asst. Cashier D. B. DeSAUSSURE, Asst. Cashier GEO. R. DONOVAN, VJce-Presld't R. B. CUNNINGHAM, Asst. Cash. T. 3. PEEPLES, 3. F. ALEXANDER, Asst. Cashier L. STEXLMAN, Asst. Cashier Vice-President* J. 8. KENNEDY, Cashier ANDERSON. Auditor DIRECTORS F. E. BLOCK GEO. R. DONOVAN R. F.'MADDOX J. EPP8 BROWN H.R.DURAND L. B. PARKS DR. W. S. ELKIN ] JAS. S.FLOYD W. L. PEEL1 J. T. HOLLEMAN ALBERT E. THORNTON E. H. INMAN 8. Y, TUPPER W J. DAVIS i 8. O. DOBBS AS. L.DICKEY 1 29,337,590 01 JAS. S.FLOYD, Vice- President - G. WILLIAM GALE. Asst. Cashier 00 46 00 00 42 OFFICERS A. N. Vice-President. $1,000.000 1,632 139 165,000 1,000,000 1,301,586 $31,436,315 89 ROBT. F. MADDOX, President WILLIAM A. HINSCH. Vlce-Pres. SAM'L McFARLAND. Asst. Cash. ^9^EDWARD A. VOSMER, Asst.Cash I —...——.... , CHAS. H. SHIELDS. Cashier. L. E._Van AUSDOL, Asst. Cashier. FRED. J. MAYER. Asst. Cashier. — ifi J J. SPALDING THE MARKET STREET NATIONAL BANK 1107 MARKET STREET to PHILADELPHIA Statement at Close of serve Business May 4 1920. RESOURCES— Loans $17,841,511 58 investments and Customers' liability letters of tances Due from credit and accep¬ 2,298,467 47 — banks Exchanges for Clearing House Cash and you at 4,152,299 64 1,084,239 78 1,955,142 98 reserve- all times $27,341,661 45 LIABILITIES— $1,000,000 00 Capital Stock Surplus and net profits Circulation 1,859.276 85 585,700 00 Letters of credit and acceptances-— Bills payable and Bank-- 2,330,960 97 Corn Federal Reserve rediscounts, ^ 5,560,800 00 - Deposits Exchange 16,004,923 63 $27,341,661 45 JAMES FRED F. SPELLISSY. R. LIVINGSTON SULLIVAN, Vice-President. W. H. National Bank P. SULLIVAN, President Cashier. W. H. TRAPPE, MERKER, solicit We Philadelphia Assistant Cash. Assistant Cash. the of Banks, Corporations, Firms and Individuals, and will be pleased to meet accounts correspond with those who contemplate changes or opening new accounts. or making CHARTERED GIRARD THE 1832 NATIONAL BANK PHILADELPHIA, PA. STATEMENT AT CLOSE OF BUSINESS 170,336,039 190,944 6,889,554 15,729,055 ^ Accrued Interest 1920. LIABILITIES RESOURCES Loans and Investments 4 — Letters of Credit and Acceptances Due from Banks Exchanges for Clearing House Cash and Reserve & $2,000,000]00 7,030,153 11 Capital Surplus and Net Profits 20 70 28 04 Reserve for Unearned Discount 318,776 15 348,713 55 1,053,100 00 Reserve for Taxes and Interest Circulation 1,944,711 17 5,524,891 28 Acceptances and Letters of Credit 6,889,554]28 — Due Federal Reserve Bank: Loans on Government Securities 12,384,740 4,285,000 1,135,000 65,220,158 Commercial Paper Rediscounted Government Securities Borrowed Deposits 00 00 00 58 $100,665,195 67 $100,665,195 67 OFFICERS JOSEPH WAYNE, JR., EVAN ALBERT President ALFRED BARRATT, Assistant Cashier RANDOLPH, Vice-President IW. PICKFORD, Vice-President DAVID J. MYERS, Assistant Cashier WALTER P. FRENCH, Assistant Cashier CHARLES M. ASHTON, Cashier Accounts of Banks, Bankers, Corporations, Firms and Individuals Received CORRESPONDENCE SOLICITED. Fourth Street National Bank The OF PHILADELPHIA Capital, Surplus and Undivided Profits, $ 11,000,000 A CCOUNT8 OF BANKS AND BANKERS SOLICITED EXCEPTIONAL COLLECTION FACILITIES FOREIGN EXCHANGE BOUGHT AND SOLD , SIDNEY F. TYLER, E. F. R. J. SHANBACKER, President. CLARK, Vice-President & Cashier. W. K. HARDT, Vice-President. W. R. HUMPHREYS, Vice-President. Chairman of the Board. C. F. SHAW Jr., Assistant Cashier. G. E. STAUFFER, Assistant Cashier. W. A. BULKLEY, Assistant Cashier. A. MacNICHOLL, Assistant Cashier. -'-v.:;.: Tradesmens National Bank Charter No. 1 Philadelphia, Rrst National Bank Report of Condition at the Close of Business May Philadelphia of Close of Business May 4 1920. Due from Banks . Uncollected—— ... - $42,691,831 .. 3,702,399 42,974 8,974,353 1,904,443 31 Cash and Reserve 2,986,619 42 ...— Due from 12 02 68 70 Exchange for Clearing House 1 Banks Interest - — Cash and Reserve — $34,841,574 65 LIABILITIES— $1,000,000 ----—.-.-w-V 1,750,000 Undivided Profits i—-—.. 286,508 Unearned Discount 115,782 Circulation 485,500 Letters of Credit 7,057,405 Acceptances ... 2,343,642 Acceptances of Other Banks Sold923,569 Rediscounts and Bills Payable—Federal Reserve Bank —. 6,327,992 Deposits — 14,551,173 Capital Surplus LIABILITIES. $1,500,000 00 2.456,801 16 Capital Surplus and Undivided Profits Interest and Discount collected but not earned. and Acceptances................... Deposits - ... — 2,514,560 00 3,804,389 08 Rediscounts Federal Reserve Bank ... — 11,299,000 00 Payable — ...... 138,894 63 551,701 17 Reserved for Interest and Taxes Letters of Credit 38,038,275 11 $60,302,621 15 Tota WM. A. HOWARD VIce-PvesIdent HARRY J. Vice-President THOMAS W. h. D. a. Cashier 50 20 LOEB, President E. WILLIAMS, Vice-President & Cashier S. ■ E. GUGGENHEIM, Vice-President HOWARD W. HOWARD D. SORDON Ass't Cashier ANDREW 98 11 McCarthy, Vice-President CARL H. CHAFFEE Ass't Cashier HAAS 45 00 76 $34,841,574 65 CHAS. H. JAMES Ass't Cashier WARNE 00 00 65 OFFICERS LAW President KENTON 9,401,048 74 2,836,310 92 523,101 27 32,21132 2,638,308 77 — -——— Exchanges for Clearing House —— Accrued l $60,302,621 15 Total Bills ;—$19,410,593 63 of Credit and Acceptances- Customers' Liability for Acceptances Interest Earned but Investments Customers' Liability under Letters RESOURCES Loans and Investments 4, 1920. resources— Loans and Condensed Report at Pa. G. J. E. DEILY, Assistant Cashier JOLLEY, Assistant Cashier M. FRIZZELL, Assistant Cashier /tAHE growth of The Philadelphia National Bank has not been accidental. Steadily, NO BANK for 116 years, it has been building up on a keeping solid foundation of service rendered, CAN GROW with the financial requirements of its Consequently its growth has been sound and normal and its position in the WITHOUT pace clientele. GIVING banking world has been established on the basis of achievement. THE PHILADELPHIA NATIONAL BANK PHILADELPHIA, PA. GIRARD TRUST COMPANY OF PHILADELPHIA CONDENSED STATEMENT AT CLOSE OF BUSINESS MAT 4, 1920 LIABILITIES ASSETS. Securities $3,693,732 66 33,734,551 05 19,443,489 84 Mortgages 205,597 91 Reserve in Federal Reserve Bank. Loans Cash and C. H. Exchanges.. 1,415,183 21 Due from Banks and Bankers 2,869,429 26 Customers' Liability for Acceptances 850,000 00 3,422,422 99 Real Estate $2,500,000 00 7,500,000 00 Capital Surplus 1,507,293 38 850,000 00 Undivided Profits Drafts and Bills Accepted Payable at Federal Secured by U. S. Bonds Bills Reserve Bank, 8,505,420 00 44,771,693 54 Deposits $65,634,406 92 $65,634,406 92 OFFICERS. E. B. MORRIS, . President. A. A. JACKSON, Vice-President. SAMUEL W. MORRIS, Secretary. F. LEWIS BARROLL, Asst. Secretary. JONATHAN M. STEERE, Trust Officer. G. L. BISHOP JR., Asst. Trust Officer. JOHN M. OKIE, Asst. Real Estate Officer. W. N. ELY, Vice-President. GEORGE H. STUART 3d, Treasurer. THOMAS S. HOPKINS, Asst. Treasurer. EDWARD T. STUART, Asst. Treasurer. LARDNER HOWELL, Real Estate Officer. I ACTS AS EXECUTOR, ADMINISTRATOR, TRUSTEE, ASSIGNEE AND RECEIVER. CORPORATIONS. FINANCIAL AGENT FOR INDIVIDUALS OR ACTS AS TRUSTEE UNDER DEPOSITARY UNDER PLANS OF CORPORATION MORTGAGES. REORGANIZATION. MEMBER OF FEDERAL REGISTRAR AND TRANSFER AGENTS RESERVE SYSTEM. 5 fort Mottb, as. Fort Worth National Bank Whitney-Central National Bank FORT WORTH, TEXAS Statement at Close of Business May 4 1920. of NEW ORLEANS RESOURCES— Loans and Discounts Overdrafts 22,651 81 ..... ... Banking House....................-..*.—..... Other Real Estate ..... —--— Customers' Liability Acceptances ...... United States Bonds to Secure Circulation—.... Liberty Bonds and Certificates of Indebtedness- . $21,200,428 56 — - Interest Collected not Earned —— Reserved for Taxes ......... Dividends Unpaid ............ Bills Payable and Rediscounts with Federal Reserve Bank Acceptances Executed for Customers Deposits 1,541,000 00 600,000 00 16,283,477 56 — ......—.... $21,200,428 56 OFFICERS K. M. VAN ZANDT, President R. E. HARDING, Vice-President W. M. MA88IE, Vice-President R. W. FENDER, Cashier RAYMOND O. GEE, Asst. Cashier H. P. SANDIDGE, Asst. Cashier T. J. CALDWELL, Vice-Pres. K. V. JENNINGS, Asst. Cashier ELMO SLEDD, Vice-President ............ UNEXCELLED COLLECTION FACILITIES. Banking House, Furniture and Fixtures........ 2,141,344 Other Real Estate.................... 27,451 7,625,169 4,032,983 1,427,896 Cash, Due from Banks and U. S. Treasurer Customers' Liability Account of Acceptances... Exchanges for Clearing House..—............ Total.. .... ............. .... 17 10 00 86 70 87 09 40 69 93 .............-$53,218,598 81 LIABILITIES-— Capital Stock .... Surplus and Profits.............. . $2,800,000 2,612,192 1,494,000 36,713,501 Reserved for Taxes—.... ............ 71,253 Acceptances—Customers* Accounts—.....— 4,032,983 Discounts collected—not earned...—...—..... 135,517 Rediscounts with Federal Reserve Bank........ 4,317,500 Liability as Acceptance Endorser 725,200 Bills Payable Federal Reserve Bank — 320,000 ............... Circulation Deposits $600,000 00 1,526,991 43 668,600 00 112,979 76 66,491 81 888 00 — - - ... 600,000 00 Federal Reserve Bank Stock Cash and Due from Banks ——- ^ ■ Loans and Discounts.... .........$33,850,486 U. S. Bonds and Treasury Certificates-.—... 2,492,423 Stock in Federal Reserve Bank 132,000 Acceptances Endorsed by this Bank....*...— 725,200 Other Bonds and Securities.... ——— 763,643 1,179,300 00 325,000 00 1,173 72 1,354 21 30,000 00 12,370 08 50,000 00 48,000 00 6,130,500 69 of Business May 4 1920. RESOURCES. 800,000 00 2,000 00 500,000 00 Other Bonds —-—... —— Thrift Stamps and War Savings Certificates—. Revenue Stamps—— — 5% Redemtion Fund— —-—-————— Interest Earned—Not Collected ....... Furniture and Fixtures— — LIABILITIES— Capital Stock Surplus and Profits Circulation Statement at Close —$11,998,178 05 ..... .... ....... — Total 00 11 00 59 75 69 81 00 86 00 $53,218,598 81 .... JOHN E. BOUDEN JR., President FRANK B. WILLIAMS, Vice-Pres. JOHN LEGIER, Vice-Pres. E. H. KEEP ~ Assistant Cashier HARRY T. HOWARD, Vice-Pres. N. E. BERTEL, Assistant Cashier J. D. O'KEEFE, Vice-Pres. S. J. McMAIN, Assistant Cashier MAURITZ PYK, Vice-Pres. W. B. ALLISON, Assistant Cashier OHAS. deB. CLAIBORNE, V.-Pres. O. W. KAY, Assistant Cashier N. M. WHITNEY, Vice-Pres. E. E. LEOVY, Assistant Cashier E. H. ROBERTS, tflce-Pres. LEEDS EUSTIS Assistant Cashier. JAMES A. ROBlk, Vice-Pres. FRANK V. MOISE, Asst.Cashier J. P. FLOURNOY JR., Vice-Pres JOHN J. McGOEY.SAsst. Cashier. R. R. BASTIAN, Mgr. Foreign Dept INCORPORATED 1900 FRANKLIN NATIONAL BANK CHESTNUT STREET WEST OF BROAD, PHILADELPHIA STATEMENT AT CLOSE OF BUSINESS MAY 4 1920. LIABILITIES RESOURCES Loans and discounts.. $51,394,107 14 12,980,450 41 5,465,367 67 Due from banks Cash and Reserve 3,980,656 33 145,664 64 Exchanges for Clearing House. Interest earned uncollected Liability UDder Aooeptanoes Letters of Credit —$1,000,000100 4,996,446J95 Capital Surplus and net profits Letters of Credit and Acceptances Discount and Interest Unearned Reserved for Taxes.. Rediscounts & Bills Payable and Bank 614,941 98 614,941 98 222,550 70 196,530 82 ... X99C til Federal Reserve 10,696,50^00 - 56,854,217|72 Deposits $74,581,188J17 $74,581,188 17 J. R. MoALLISTER, J. A. HARRIS Jr., Vice-President E. E. SHIELDS, Assistant Cashier President J. WM. HARDT, Cashier W. M. GEHMANN Jr., Assistant Cashier M. D. REINHOLD, Assistant Cashier DIRECTORS SAMUEL T. BODINB PERCY O. MADEIRA CHARLTON YARNALL ARTHUR W. SEW ALL HENRY TATNALL J. A. HARRIS. JR. W. W. ATTERBURY EDGAR O. FELTON LEWIS LILLIB JAY COOKE I. RUTHERFORD MCALLISTER JOHN HAMPTON BARNES FREDERICK L. BALLY MORRIS L. CLOTHIER EDWARD F. BEALE ■FFINGHAM B. MORRIS O. S. W. PACKARD DANIEL B. WENTZ TRAVELERS' LETTERS OF CREDIT JOSEPH MOORE. JR.1 ISSUED FOREIGN EXCHANGE IN ALL ITS BRANCHES Invites the Accounts of Banks, Bankers, Corporations, Mercantile Firms and Individuals THE COAL BANE $14,500,000.00 $3,080,000, TO selecting your amount of invested capital in proportion to liabili¬ with you—or it may not; but it is certainly worth consideration. The National Bank of Commerce In Saint Louis NATIONAL WITH YORE, A OFFERS MERCANTILE ITS SERVICES FIRMS, INDIVI¬ Saint Louis correspondent, the ties may be the deciding point I NEW IRON CAPITAL, SURPLUS A PROFITS OF Our Capital—Your protection In 07 AND DUALS, BANES A CORPORATIONS CORRESPONDENCE INVITED THE First & Old Detroit National Bank PEOPLES STATE BANK DETROIT, MICH. Statement at Close of Business DETROIT, MICHIGAN May 4 1920. RESOURCES— Discounts Loans and $63,206,629 12,703,611 6,946,616 488,116 30,000 226,000 3,394,423 — U. S. Bonds and Certificates Bonds and Securities .... Real Estate Safe Deposit Vaults Federal Reserve Bank —.... Stock.. Customers' Liability on Acceptances Cash Resources— Due from U. S. Treasurer $294,250 Due from Federal Reserve Bank..l0,023,637 Due from Banks 9,969,631 Cash on Hand 3,103,545 .....—...... 94 69 76 69 00 00 10 Statement at Close of Business RESOURCES. Loans and Discount* May 4 1920. .$59,059,695 98 Mortgages........................ 24,658,410 21 Bond*;. U.S. Bonds 10,576,350 93 24,790,178 00 119,084,635 12 Federal Reserve Bank Stock---.-.Banking House and Branch Buildings......... Customers' Liability, Letters of Credit and Ac- 00 90 30 36 2£2'222 22 1,750,000 00 « 3,084,910 55 ceptances Cash on Handand Due from Banks 21,277,490 07 ........ 23,391,064 56 $109,385,462 74 LIABILITIES— Capital Stock A $5,000,000 00 2,500,000 00 Surplus Fund 1,963,817 79 Undivided Profits, Net 317,802 65 511 077 62 Beserve forDiscount Interest and Taxes nearned 6,220,975 00 400,000 00 Rediscounts Bonds Borrowed grculation tiers of Credit and Acceptances Payable Deposits. .................................... Bills $145,407,035 74 LIABILITIES. , Capital stock —1 — Surplus........----.--.--.—.................. Undivided Ptoflts (net) Bills Payable Federal Reserve Bank Acceptances of other Banks — ... Acceptances, Letters of Credit, &c— — Deposits COMMERCIAL AND THE OLDEST BANK JAMES T. SAVINGS DEPARTMENTS A. H. MOODY, Assistant Caahier D. N. SWEENY. Assistant Cashier D. E. LEUTY, Assistant Cashier H. P. BORGMAN, Vice-President W. BRAASOH, Assistant Cashier R. W. 8MYLIE, Vice-President G. W. BEASLEY, Asst. Cashier AU8TIN»E. WING, Asst. to Pres'fc. O. O. BOGAN, Asst. Cashier R. T. CUDMORE, Cashier C. I. NORMAN, Bond Officer CHARLES H.AYERS, Asst. Cashier GEO. T. COURTNEY, Auditor R. P. FRASER, Mgr. Foreign Dept. JOHN W. STALEY. President P. A. SCHULTE, Vice-President JOHN R. BODDE. Vice-President IN THE SOUTH—ESTABLISHED 1795 Bank ' Baltimore of Capital, Surplus and Profits, $1,980,242 ATTENTION GIVEN COLLECTIONS. TO ACCOUNTS OF BANKS AND BANKERS INVITED. FOREIGN EXCHANGE BOUGHT AND SOLD. HOFP. Assistant Cashier W. ROWLAND THOMAS, President SNOWDEN JNO. SCHOENEWOLF, Vioe-President T. N. AUSTIN, Assistant WILLIAM J. DELCHER, Cashier R. R. REVER, Assistant Cashier Cashier SAFE DEPOSIT & TRUST CO. OF BALTIMORE Chartered 1864 Capital^!,200,000 Organized 1867 Surplus & Profits $3,021,100 THE Acts as Trusttee of Corporation Mortgages, Fiscal Agent for Corporations and Individuals, Transfer Agent and Registrar. Depositary under plans of reorganization. Acts CURITIES HELD ON DEPOSIT FOR OUT-OF-TOWN CORPORATIONS AND PERSONS. DIRECTORS. WALTERS, Chairman of Board. JOHN J. NELLIGAN. Pres. JOHN W. MARSHALL, Vice-Pree. BLANOHARD RANDALL, WALDO NEWCOMER, NORMAN JAMES, GEORGE SAMUEL M. SHOEMAKER. ELISHA H. PERKINS, DOUGLAS H. THOMAS. ISAAC M. GATE, ROBERT GARRETT. O. JENKINS ANDREW P. SPAMER. 2d Vice-Pree SEABOARD OF NEW NATIONAL BANE YORE, WITH A CAPITAL, SURPLUS AND PROFITS OF $5,395,- 000, OFFERS ITS SERVICES TO Executor, Administrator, Guardian, Trustee, Receiver, Attorney and Agent, being especially organized for careful management and settlement of estates of every character. as H. GEO 00 26 3,123,510 55 103,240,481 34 MARYLAND SPECIAL 59 KEENA, Chairman of Board THE National 00 OFFICERS $109,385,462 74 EDWARD O. MAHLER, Vlce-Pres. JOHN H. HART, Vice-President W. G. NICHOLSON, V.-P. & Cash. W. A. McWHINNEY, Vice-Free. P. P. CHRISTIE, Asst. Cashier RUSSELL E. SMITH, Asst. Cashier JAMES A. WILSON, Asst. Cashier 7,500,000 1,017,246 22,000,000 3,525,797 $145,407,035 74 1.272,297 60 3,397,660 50 9,°24.500 00 79,777,331 68 BYRON W. CLUTE. Asst. Cashier H. J. BRIDGMAN, Asst. Cashier O. H. WAGAR, Asst. Cashier A. W. T. MEYERS, Asst. Cashier G. H. MAHLER. Asst. Cashier E. E. DEAN, Asst. Cashier P. J. PARKER, Asst. Cashier W. R. BROUGHTON, Asst.Cashier A. V. McOLELLAN, Asst. Cashier C. McMICHAEL, Asst. Cashier L. P. MERZ, Mgr. Foreign Exch. EMORY W. CLARK, President WM.!J. GRAY, Vice-President W. T.'DeGRAFF, Vice-President FRANK G. SMITH, Vice-President! $M22'222 22 B. GAMMIE, Treasurer CANTILE FIRMS, MER¬ INDIVIDUALS! BANES AND CORPORATIONS. CORRESPONDENCE INVITED THE Norfolk National Rank NORFOLK. VA. THIS bank is and big complete enough toprotection provide facility Statement at Close of Business May 4 1920. every RESOURCES Loans and discounts U. S. Bonds Other bonds Banking in the $10,180,263 42 handling of Cleveland accounts. 2,278,150 00 511,369 56 - 265,300 00 3,524,976 98 1,317,500 50 house Cash and due from banks Customers' liability account acceptances SU.077.H.9S LIABILITIES— Capital Surplus <*1,000,000 750,000 418,224 933,497 11,627,988 2,030,350 1,317,500 — Undivided profits Circulation-. Deposits Bills payable Acceptances executed for customers - - ._ it But is too never busy to supply individual attention to the requirements of every correspondent« 00 00 10 Inquiries invited 50 ' , 36 00 00 <*18,077,559 96 W. A. GOODWIN. President A. B. E. D. DENBY, Asst. Cashier C. 8. WHITEHURST, Asst. Cash. R. H. MOORE, Asst. Cashier WITH THIS IN ESTABLISHED WELL EVERY BRANCH OF OF FACILITIES LEGITIMATE COMMERCE Rational Han£ CONNECTIONS UNSURPASSED HAS BANK UNION I.T.VAN PATTEN.JR.,Asst.Cash. SCHWARZKOPF. V.- Pres. J. B. DEY, JR., Asst. Cashier CLEVELAND * BANKING ACCOUNTS OF BANKS AND BANKERS RECEIVED ON MOST FAVORABLE TERMS. FIRST NATIONAL BANK FIRST TRUST & SAVINGS CO. cleveland Combined Resources The FIRST over NATIONAL BANK Is Cleveland and the $120,000,000 - the pioneer national bank of largest national bank in Ohio The stock of the FIRST TRUST & SAVINGS CO. is owned by the stockholders of the The Corn FIRST NATIONAL BANK Exchange National of chicago MAY 4 1920. STATEMENT AT CLOSE OF BUSINESS LIABILITIES. RESOURCES. Capital Surplus $75,675,597 35 21,745,872 40 Time Loans Demand Loans-......-.....-. ... —3 38,421,469 75 1,903,350 00 United Statei^BondsZand Certificates of Indebtedness 2,273,971 50 Other Bonds 337,733 00 Stock in American Foreign Banking Corporation—. 420,000 00 Stock in Federal Reserve Bank 1,320,000 00 Other Banks' Liability on Bills bought-3,318,729 68 Customers' Liability on Letters of Credit 4,698,446 69 Customers' Liability on Acceptances Cash on Hand and Checks for Clearing — —...—. House - - DuelfromlFederal Reserve Bank Due .from Banks $5,000,000 00 9,000,000 00 - ... - 1,561,217 57 166 00 Undivided Profits Dividends Unpaid Reserved for Taxes Liability on Letters of Credit Liability on Acceptances Due Federal Reserve Bank _ — Unearned interest Liability on _ 776,097 37 1,320,000 00 Bills Bought $34,662,751 17 Deposits/Banks and Bankers \Individual $6,682,344 91 11,041,772 02 13,686,430 93 635,354 60 3,318,729 68 4,698,446 69 11,400,000 00 — — 71,331,485 40 105,994,236157 31,010,547 86 $143,704,248148 $143,704,248 48 OFFICERS ERNEST A. HAMILL, Chairman of the Board CHARLESlL. HUTCHINSON, Vice-President OWEN J T. REEVES, JR., Vice-President EDWARD NORMAN J. _.-J!-,-,,-,,, G. WAKE FIELD, Vice-President EDWARD F. 8CHOENECK. Cashier LEWIS E. GARY, Asst. Cashier J. A. WALKER, Asst. Cashier CHARLES NOVAK, Asst. Cashier JAMES EDMUND,D. HULBERT, President MAA8S, Vice-President FORD, Vice-President JOHN 8. COOK. Asst. Cashier DIRECTORS WATSON F. BLAIR] C. B. BORLAND BUTLER BENJAMIN CARPENTER EDWARD B. FOREIGN EXCHANGE CLYDE M. CARRS HENRY P. CROWELLI ERISEST A: HAMILL " EDMUND D. HULBERY1 LETTERS CHARLES H. CHARLES L. HULBURD& HUTCHINSON JOHN J. MITCHELL MARTIN A. RYERSON] OF, CREDIT H. SELZ1 EDWARD A. SHEDD1 ROBERT J. THORNEI J. CHARLES H, WACKERS CABLE TRANSFERS THE LIVE STOCK EXCHANGE QUR Bond Department is in a position to RATIONAL BANK OF CHICAGO RESOURCES— We . ...$16,630,794 190,000 60,000 50,850 143,625 67,500 700,000 76,671 9,609,219 Loans and discounts—.. U. S. Certificates of Indebtedness United States bonds....... Liberty Bonds. Other bonds. Federal Reserve Bank stock Customers* Liability Account Acceptances .. Other resources CASH AND DUE FROM BANKS financial institutions having co-operate with surplus funds to place at interest. Statement at Close oj Business May 4 1920. 19 00 00 00 00 00 00 80 01 tion! specialize in carefully selected Corpora¬ from 5 to Lists 7%. over detailed and promptly furnished information request. on bonds, netting Railroad Municipal and > $27,518,560 00 LIABILITIES Chicago Trust Company $1,260,000 00 #tock Surplus. ... 1,000,000 00 ... Undivided profits Discounts collected but not earnedReserved for taxes--. Acceptances executed for customers 213,638 192,910 208,622 700,000 .... ; OFFICERS 00 7,430 00 Other liabilities Dividends unpaid Bills Payable and Rediscounts-—-Circulation - EDWARD 49,200 00 18,751,424 35 DEPOSITS OFFICERS H. E. HERRICK, Asst. Cashier D. R. KENDALL, Cashier C. L. WISTRAND, Asst. Cashier Arthur G. Leonard Halsey E. Poronto Fmery Vice-President BIRNEY.. Vice-President Cashier WILLIAM BOY Asst. Cashier D. F.E.White Asst. Cashier ..... Secretary ... T. ANDERSON Asst. Secretary Trust Officer THOMAS K. ARTHUR B. OODY HIRAM 8. OODY Edward P. Swift M. A. Traylor J. A. Spoor POPE 8. 8TELNER WILLABD P, HOPKINS DIRECTORS G.F. BACON.. F. O. O. W. BLACK WELL J. L. DRISCOLL. Asst. to President James H.Ashby Vice-President W. T. MAX L. L. HOBBS, Asst. Cashier Samuel Cozzens Vice-President Vice-President FREDERIC A. W. AXTELL, Asst. Cashier 8. T. KIDDOO, President O'LEARY P. BAILEY JOHN A. McCORMICK $27,518,560 00 G. P. EMERY, Vice-President W. JOHN 6,144,809 85 ... President LUCIUS TETER 625 00 .... ....... 10 28 42 1 Associate Managers ./Real Estate Loan Dept. ... KLEDER D. Auditor Thomas E. Wilson 8.T. Kiddoo Chicago, 111. National Bank of the Republic CONDITION AT CLOSE OF BUSINESS MAY 4 1920 RESOURCES LIABILITIES Loans........ Unitod States and Other Bonds. $27,831,748 58 .... Other Securitieet Ac ...... Stock of Federal Reserve Bank Customers' Liability Under Letters of 90,000 00 Credit Customers' 1,986,508 77 Liability Account of Accep- tances Cash and --- 15,052 00 ..... _ Capital................................ $2,000,000 00 jrpi Surplus .................I.... 1,000,000 00 1,842,451 08 ...... .... Exchange Undivided Profits Reserved for Taxes and Interest Interest Collected in Advance of Maturity Reserved for Depreciation on Investment Dividends 541,053 62,795 175,000 93,212 Currency In Circulation... Letters of Credit and Travelers' Chocks Outstanding .......... Bills payable with Federal Reserva Bank 100,000 00 3,902 50 Unpaid.................. 1,073,845 42 10,527,725 70 35 36 00 68 ....... 2.010,245 32 110,000 00 5,826,600 00 Imports & Exports 1,073,854 42 30,380,767 92 ... Rediscounts with Federal Reserve Bank Acceptances Based Deposits TotaL... .$43,367,331 65 on $43,367,331 5~5 Total OFFICERS JOHN A. LYNCH, President WM. C. FREEMAN, Assistant Cashier FENTON, 1st Vice-Pres. & Mgr. ROBERT M. McKINNEY, 2nd Vice-President CHAS. S. MACFERRAN, Assistant Cashier WATKIN W. KNEATH, 3rd Vice-President WALTER L. JOHNSON, Assistant Cashier O. H. SWAN, Cashier T. H. O'CONNOR, Assistant Cashier THOS. D. ALLIN, Assistant Cashier H. M. MICHAELSON, Assistant Cashier LOUIS J. MEAHL, Assistant Cashier A. O. WILCOX, Mgr. Foreign Exch. Deph WILLIAM T. CONTINENTAL jm/ Capital, Combined COMMERCIAL Surplus and Profits, $49,000,000 Resources Over BANKS $500,000,000 CHICAGO Continental and Commercial National Bank of Chicago Ralph Van Vechten Alex. Robertson Herman Waldeck John C. Craft . . . . . . . . . . William T. Bruckner John R.Washburn. . . John F. Craddock . . Cyrus A. Barr . . . Vice-Pres Vice-Pres. Savings Bank " OFFICERS Arthur Reynolds, President John Jay Abbott Wilson W. Lampert. Vice Pres. Reuben -G. Danielson Cashier . David R. Lewis .Vice-Pres. . . Louis B. Clarke. . . . . Vice-Pres. Vice-Pres. Cashier HarveyC. Vernon. Asst Cashier Wilber Hattery. Asst. Cashier John A. Shannon Vice-Pres. Vice-Pres. H. Erskine Smith Vice-Pres. Dan Norman Henry C. Olcott . Vice-President George W. Pearson . . Manager Vice-Pres. Vice-Pres. . . Asst. Cashier . Asst. Cashier George A. Jackson Asst. Cashier Vice-Pres. Henry F. Studt. Edward E. Barker . . . . . Asst. Cashier . . Asst. Cashier Robert J. Hercock . Albert S. Martin . Asst. Cashier Asst. Cashier George Allan Asst. Cashier Thos. E. McGrath. Asst. Cashier . Bond Department . Vice-Pres. W. H.Gilkes al Trust and George M. Reynolds, Chairman of the Board of Directors OFFICERS George M. Reynolds, President Arthur Reynolds Continental and Commercial . \ Walter J. Engle Asst. Manager Louis B. Ferguson Mgr. of Sales . . Trust Department William P. Kopf . . Edmund J. Claussen . Asst. Cashier John P. V. Murphy . Everett R. McFadden Asst. Sec'y Kinney Smith Asst. Sec'y Savings Department Manager D. Edward Jones . Asst. Manager Secretary Asst. Sec'y . . . . . 9 First National Bank James Talcott, OF LOS ANGELES Inc. Statement at Close of Business May 4 1920. RESOURCES— 225 FOURTH AVENUE Discounts $36,826,905 Bonds, Securities, &c 3,930,388 U. S. Bonds to Secure Circulation.. 1,250,000 Furniture and Fixtures..— 150,000 Real Estate Owned 97,833 Advances B. L. Drafts 711,583 Customers' Liability under Letters of Credit and Acceptances 1,729,294 Interest Earned—Uncollected 267,107 Other Assets 13,454 Cash and Sight Exchange 15,060,155 Loans and ... NEW YORK CITY ... FOUNDED 1854 54 40 00 00 66 98 52 12 57 26 $60,036,723 05 ' • ' • -V ' Correspon¬ • " States • 4 " Merchants in - the and LIABILITIES— Capital Stock Surplus and Undivided Profits. Bills Rediscounted and for Manufacturers dents ' and Factors Agents, V! . _ • . United Circulation Letters of Credit and Acceptances $3,000,000 3,222,019 928,000 1,250,000 1,894,782 800,000 48,930 66,124 267,107 26,680 — Payable Reserve for Taxes and Interest Unearned Discount Collected Bills Abroad. * Earned Interest —- Other Liabilities 00 02 00 00 90 00 56 42 12 86 48,533,078 17 Deposits $60,036,723 05 J. M. ELLIOTT. Chairman Board of Directors. Entire Production Mills of Financed. E. W. COE, Assistant Cashier A. B. JONES, Assistant Cashier W. C. BRYAN, Assistant Cashier1 G. S. GREENE, Assistant Cashier JOHN S. CRAVENS, Vice-President H. B. KING, Assistant Cashier I W. W. WOODS, Vice-President W. H. LUTZ, Asst. to the President W. T. S. HAMMOND, Cashier J. B. RUTH, Auditor A. C. WAY, Assistant Cashier J. FORSYTH, Mgr. Foreign Dept. H. M. ROBINSON, President JOHN P. BURKE Vice-President Accounts Guaranteed and E. S. PAULY, Vice-President A. O. MARTIN. Vice-President Discounted. CABLE ADDRESS QUOMAKEL , _ THE Anglo & London Paris Citizens National Bank OF LOS National Bank ANGELES, CAL. Statement at Close of Business May 4 1920. Of San Francisco RESOURCES— Loans and Discounts U. S. Bonds and Treasury Certificates Federal Reserve Bank Stock $18,116,285 83 1,180,913 12 60,000 00 - Bonds, Securities, &c Stock in Commercial Fireproof Building Co. (Bank Building) Other Real Estate Owned Customers' Liability on Letters of Credit—... 1,166,908 26 282,500 100 125,826 214,627 145,000 . Acceptance Account Furniture and Fixtures— Five Per Cent Fund War Savings Certificates and Interest Earned Uncollected Cash and Thrift Stamps... ......... ....... Circulation Letters of Credit - Acceptances Discounts Collected Unearned Notes and Rediscounts with Bank Deposits A. J. ..... Other Discounts.. Bonds to secure ... Circulation — U. S. Bonds and Certificates Other Bonds....... Other Assets 23.538 838 57 Letters of Credit 35,072,757 28 $120,447,459 43 LIABILITIES— Capital $1,500,000 00 1,046,292 16 95,674 16 Stock Surplus and Undivided Circulation. 750,000 00 129,776 72 Profits — Letters ot Credit, 7,702,500 00 Domestic and Foreign, and 23,538,838 57 Acceptances Deposits 77,560,692 99 ...... 1,030,000 00 Exceptional facilities for handling collections on all California points $5,000,000 00 3,045,427 87 3,600,000 00 ......... Federal Reserve Bank.... 214,627 25 $120,447,459:43 25,465,071 52 Cashie?30'252'278 21 8,080,423 65 1,554,686 84 on Cash and Sight Exchange Reserve — $40,156,691 09 3,600,000 00 8,444,062 00 ...— — Customers' Liability 20,836 41 Federal E. T. PETTIGREW, Vice-President J. M. RUGG, Vice-President U. S. 75 68 121,976 19 8,800,565 16 H. D. IVEY, GEO. E. F. DUFFET, Asst.Cashler L. O. IVEY, Asst. Cashier W. J. DORAN, Vice-President GEO. BUGBEE, Asst. Cashier M. J. MONNETTE, Vice-President F. R. ALVORD, Asst. Cashier 8. S. PARSONS, Auditor WATERS, President Loans and 00 00 72 25 00 $30,252,278 21 LIABILITIES— Capital Stock Surplus and Undivided Profits Reserved for Interest and Taxes Business May 4 1920. RESOURCES— 37,500 00 -- Due from Banks....... Statement at Close of HERBERT FLEISHHAOKER, Pres. MORTIMER FLEISHHAOKER. Vice-President FRED F. OUER, Asst. Cashier GEO. A. VAN SMITH, Asst. Cash. J. FRIEDLANDEB, Vice-President J. G. ANDERTON.Asst.Cash.a6 O. F. HUNT, Vice-President V. KLINKER, Asst. Cashier Sec. WILSON, Vice-President J. S. CURRAN, Asst. Cashier HARRY COE, Vice-President EUGENE PLUNKETT, Asst. Cash. W. E. WILOOX.Vlce-Pres. dc Cash. E. R. ALEXANDER, Asst. Cashier J. W. LILIENTHAL JR.. L. J AUBERT Asst. Cashier. Asst. Cashier GEORGE 8TIMMEL, Asst. Cashier E. W. _ _ 10 •,r- '' . BANK AND TRUST COMPANY STOCKS NEW YORK AND BROOKLYN BOUGHT AND SOLD CLINTON GILBERT 2 WALL STREET NEW YORK STOCKS—PRICES AND SALES FOR MAY AND THE YEAR TO DATE. Brought forward from page 32, SALES TO JUNE 1, Price PRICES IN MAY. RANOE SINCE JAN. 1. about N Y STOCK EXCH'GE Par. U SCast Iron Pipe A F.100 Preferred 100 U S Express 100 U S Food Products 100 U S Indust Alcohol-.-. 100 Preferred ioo U S Realty A Impror 100 U S Rubber.. .....100 First preferred—...100 U S Smelt Refg A Mg. CO .. Preferred eo United States Steel... 100 Preferred....... 100 Utah Copper 10 Utah Securities r t C..100 Vanadium Corp no par Va-Carolina Chemical. 100 Preferred... 100 Va Iron Coal A Coke.. 100 Vivaudou (V), Inc..no par Vulcan Detlnning, pref 100 Wells, Fargo Express.. 100 Western Union Teleg_ ioo Westlnghouse Air Brake CO West'gn E A Mfg assent CO 1st preferred.. _60 _ White Motor In Since May. Jan. 1. Shares. Shares. 5,900 600 1,700 71,800 106,000 100 23,500 209,100 3,000 6,100 1,700 1,244,550 21,900 27,200 2,400 259,000 24,700 3,500 1,800 32,100 100 20 "3,656 Wilson A Co 1 nc Y t c no par Preferred... ....100 Woolworth (F W)—.100 Preferred 100 8,400 • c 100 c 100 Less than 100 shares. "T.Ioo 700 29,300 110 107 Sale 113% Sale 76 11 Sale Sale C6% Sale 68 107 Sale 112 Sale 17 50 a 7* Sale 83% Sale 63% Sale Sale Prices. 16 64% Sale 85% Sale 56 93 96 98 79 46 55% Sale 89 95% Sale 105% 107% Sale 60 60% 56% 43 94 106 i Sale i Sale 69 Sale 71 Sale 7?1 Sale Sale 75 Sale Sale Sale Highest. Sale Prices. 6 Sale 67 Lowest. 45 45% Sale 95% Sale 104 Highest. Sale Prices. Sale *108 96 ~2~033 52% 57 88 17,480 14,100 115 *54 227,100 1,040 459,100 63" 1,138,830 31% 3,300 90 9,900 70,600 80% Sale 118 500 98 95 Sale 7% 73% 104 8 Sale 74 108 89% 104% 65 7% 66 64% 104 96 19% Sale 17 52% Sale 84% Sale Sale 48 113 51 83% Sale Sale 49% Sale 70 Sale Sale 18% Sale 533 181 80% Sale 78 66 64 Sale Sale 60 "55" Safe" 92 82% 103 49 Safe" 130 24,000 125 116 1,800 113 332,970 92% Sale 1,237 92% 95 11,5331 72 76 b Ex-rights. during the month prior to this date, Sale 106 74% Sale 46% Sale aW 64 Ask. May May May May May May May May May May May May May May May May May May May May 19 18 25 50 24 20 3 14 96 20 58% 20 21 30 65 20 24 20 *108 20 71% 19 20 3 74% 3 106% 3 113 19 20% May May May May May May May May May May May May May May May May May May May May May May May May May May May 19 56 22 85% 24 115 20 49% 14 62% 20 56 20 20 48 6 May 82 May 19 May 5 103 44% May 5 May 14 62% 47 May 6 May 8 16% tiff 18IM m g|% 8 15% Feb. 13 6 5 43 28 17 14 6 Sale 44% 62% 47 16% 6 53% 11* 96 40 &Q 105% 56% 43 89% 104% 28 5 4 10 19 7 8 400 100 y t C.100 100 114 17% Sale 46 Lowest. Sale Prices. May 29. Ash. Bid. Sale 23,550 Rights New preferred Preferred Ay* Preferred B v t May 3. Bid. 2,143,600 138% Sale "2,400 Willys-Overland Worthnf'n PAM A 8k. "52% Safe" 4,600 21,050 44,400 179,830 CO 1920. Bid. 23 % Sale 55,600 54 Sale 13,200 30 23,700 31% 395,400 *76% Sale 1,154,700 113% Sale 2,900 217,800 44% Sale " 20,237 50,300 8,390 8,558,900 104,580 224,700 20,900 1,941,990 149,000 8,200 il8,790 21,050 900 Jan. 2, 65 3 Sale 135 145 125 107 70 112 106 Sale 70 135 110 67% Sale 90 67% 79% Sale 130 107 60 81% May 68% May 4 6 May 20 138% May 5 May 19 110 May 14 May 20 74 May 6 90 68 69% 67% May 24 70 May C 3 7 6 Jan. 5 J an. 8 Jan. 6 Apr. 8 Jan. 5 Jan. 13 Jan. 6 Mar. 27 Jan. 5 Jan. Jan. 28 Jan. 97 Feb. 13 Apr. 59% Feb. 13 80% Apr. 104 May 3 112% Jan. 76 Feb. 13 104 Apr. 7% 3 2 16 14 7 27 20% May 8 Apr. 26 89 Jan. 5 May 19 76 Mar. 31 Feb. 13 89% Mar. 18 May May May May May 24 119 20 65% 14 65% 20 20 17 May 19 79 Apr. 20 77% May 21 63% May 28 Jan. Apr. Apr. 42 77% May 21 May 28 Apr. 6 Jan. 8 Jan. 3 Jan. 9 Mar. 29 Jan. 3 Apr. 19 *3* Jan. 5 82% Jan. 5 98% Jan. Apr. 107 May 19 116% Jan. 60 May 20 95% Jan. 88 Feb. 25 93% Jan. Jan. 67% May 24 76 13 w* 93 120 Ex-dlv. A rights. dPart paid. • 2d paid. /F Full paid. <?3d paid, h Ex-stock dir. t Ec-dividend. « Trust certificates. * Opening sales were made at these prices. 0 25% 65% 37% Feb. 13 78% Feb. 13 116% May 14 103% Feb. 13 69% May 20 143% May 21 116% May 20 76 May 20 47% May 24 109 May 20 115% May 20 80% May 19 12% Feb. Apr. 20 Feb. 11 145 14 6 27 13 6 i Quoted ex-dlYiderd ii $2,250,000 J. I. Case Plow Works 7 Per Cent Participating Second Preferred Stock Par Value $100 Redeemable as a but whole only Company ■ ,, ,, in part on any dividend date upon thirty days' notice at 115% of par, after entire amount of First Preferred has been retired or Dividends payable January 1st, April 1st, July 1st and October 1st Transfer Agents First Trust & Savings Bank, Chicago New York Trust Co., New York City Registrars Continental & Commercial Trust <& Savings Bank, Chicago Liberty National Bank, New York City y EXEMPT FROM NORMAL FEDERAL INCOME TAX CAPITALIZATION Authorized 7% Cumulative First Preferred Stock (par value $100) $5,000,000 7 % Non-Cumulative 2d Preferred Stock (par value $100) 5,000,000 Common Stock (no par value)... .125,000 shares From a and data in letter addressed to possession, our we Outstanding $3,500,000 3,500,000 125,000 shares us by Mr. H. M. Wallis, President, and other information summarize the salient features. ORGANIZATION The J. I. Case Plow Works Company is the outgrowth of the business originally estab¬ lished by Mr. J. I. Case forty-three years ago. The present J. I. Case Plow WorkB Company has been incorporated under the laws of Delaware for the purpose of acquiring and bringing under one management and control the property and business of the J. I. Case Plow Works the Wallis Tractor Company, both of Racine, Wisconsin. The company's product, consisting of tractors, plows and tillage implements, is widely known and enjoys an enviable reputation for quality and service. and EARNINGS The net profits, before taxes, of the J. I. Case Plow Works for the two years and the Wallis Tractor Company for the two and one-half years ending June 30,1919, combined, were at the average annual rate of $755,737. For the present fiscal year net profits before taxes are esti¬ mated at $1,250,000, or over twice the Second Preferred dividend after allowance for prior charges. PROFIT SHARING FEATURES . 1—This 7 % Second Preferred Stock shares equally in any dividends declared upon the Common Stock of the company without reservation as to amount of such Common dividend. For example, if dividend of $3.00 per share is paid this Preferred, or total of 10%. on Common Stock same must be paid on 2—Present financing places the Company in strong financial position and covers all requirements working capital. The economies and increased earnings thus obtained will permit of a policy on the junior shares. 3—Old established business in existence over forty years. 4—Business is showing heavy increases month by month, in gross and net earnings. Estimated net earnings for year ending June 30, 1920, are $1,250,000. • 5—Production of tractors for several months past has exceeded twenty per day, or at a rate of 6,000 per year. Plans under way to double this production next year, with indicated net earnings of more than $2,000,000. 6—Shipments of other products, such as plows, harrows, motor cultivators, etc., show steady for liberal dividend . increases in volume. #. # . business of any kind and will be distintcly benefited by peace conditions. 8—Conservative authorities say that the primary tractor market is at least 1,250,000, while production in 1918 was but 133,000 (est.). 7—Company had no war SAFEGUARDS This Company shall not, while any Preferred jStock of either class is outstanding, create anyfmortgage or other encumbrance upon any of its property (except purchase money mort¬ gages or liens on property hereafter acquired) without the consent of three-fourths of the First Preferred Stock outstanding. After retirement of the First Preferred Stock these rights, also another rights of the First Preferred, revert to the Second Preferred. MANAGEMENT , The Company will continue under the present successful management, which has been connected with the business for the past twenty years. Price at market The information and figures contained herein are not guaranteed we believe to be accurate and reliable. but are based upon information and advice which prepared an illustrated booklet which we shall glad to send on request. Also descriptive circulars We have be •\ W. G. Souders & Company . Investment Securities 208 South La Salle Street CHICAGO NEW YORK 31 DETROIT GRAND RAPIDS Nassau St. \ MILWAUKEE 13 Chartered 1822 The Farmers' Loan and Trust NOS. 16, 18, 20 AND 22 WILLIAM STREET, Company NEW YORK BRANCH, 475 FIFTH AVENUE PARIS LONDON 41 Boulevard Hauumann 12 Rue dee Mathurine Cockspur Street, S. W., 1 26 Old Broad Street, E.C.,2 15 legal depositary for moneys paid into Court, and is authorized to act as Administrator, Trustee, Guardian, Receiver and in all other Fiduciary The Company is a Executor, capacities. Acts as Trustee under Mortgages made by Railroad and other Corporations, and as Transfer Agent and Registrar of Stocks and Bonds. deposits upon Certificates of Deposit, or subject to check, and allows interest on daily balances. Receives Manages Real Estate and lends money on Bond and Mortgage. Will act as Agent in the transaction of any approved financial business. Depositary for Legal Reserves of State Banks and also for moneys of the City of New Fiscal Agent for States, York. Counties and Cities. LETTERS OF CREDIT, FOREIGN EXCHANGE, CABLE TRANSFERS OFFICERS EDWIN S. MARSTON, President Vice-President HARRY D. SAMMIS, Vice-Prest. & Secy. J. C. TALLEY, WILLIAM B. CARDOZO, Vice-President EDWARD J. BOYD, CORNELIUS R. AGNEW, Vice-President IRVING H. MEEHAN, WILLIAM A. DUNCAN, Vice-President JAMES B. LITTLE, HORACE F. HOWLAND, Vice-President WILLIAM A. WILSON, HENRY KING SMITH, Vice-President S. SLOAN COLT, D. J. PALMER, Mgr. Foreign Dept. JOSEPH L. MORRIS, SAMUEL SLOAN, AUGUSTUS V. HEELY, Asst. Secretary Asst. Secretary Secretary Asst. Secretary Asst. Secretary Asst. Secretary Asst. Secretary Mgr. Credit Dept. Asst. BOARD OF DIRECTORS CHARLES A. PEABODY JOHN J. RIKER J. WILLIAM CLARK FRANKLIN D. LOCKE BEEKMAN WINTHROP HENRY PARKER D. HANDY FRANCIS M. BACON, JR. R. TAYLOR HENRY HENTZ PERCY R. PYNE ROBERT L. GERRY JOHN G. AGAR LEWIS ISELIN AUGUSTUS V. SAMUEL SLOAN EDWIN S. MARSTON OGDEN MILLS AUGUST BELMONT & No. 43 EXCHANGE PLACE, AGENTS AND Messrs. LONDON, DRAW CORllESl'ONDENTS HEELY CO., NEW YORK or THE ROTHSCHILD. PARIS AND BILLS OF EXCHANGE AND VIENNA MAKE TELEGRAPHIC TRANSFERS ISSUE LETTERS OF CREDIT FOR TRAVELERS AVAILABLE IN ALL PARTS OF THE WORLD COLLECTIONS IN ALL COUNTRIES Receive deposits of corporations and individuals, subject to check or by special arrangement, and allow interest. Securities and other real and personal property received and managed. Coupons, dividends and interest collected and remitted, or invested, under careful advice. Special attention given to investments of all kinds. of bonds and stocks in all markets, domestic and foreign. Execute orders for purchase and sale Bank Quotation and SECTION OP THE Commercial Financial Qhrowicle. & Copyrighted In 1920, according to Act of Oongreaa, by WILLIAM B. DANA COMPANY. In office of Librarian of Congress, Washington. D. C. VOL. 110. Bark NEW and YORK, JUNE 5 1920. the Quotation Section The Bank and Quotation Section, Issued monthly. Is furnished with semi-annually In May November, is also furnished without extra charge to every annual Chronicle subscriber. The Railway Earnings Section, Issued monthly, containing the sworn returns of earnings and expenses filed each month with the Inter-State Commerce Commission, Is likewise furnished without extra charge to every annual Chronicle subscriber. The Electric Railway Section, Issued twice a year, in April and October, to also furnished without extra charge to every annual subscriber to the Chronicle. The State and City Section will hereafter be Issued semi-annually In June and December. It to furnished without extra charge to every annual subscriber to the Commercial & Financial Chronicle. The Bankers* Convention Section, issued yearly, giving the detailed proceedings of the annual convention of the American Bankers' Associa¬ tion, to likewise furnished without extra charge to Chronicle subscribers. Terms for the Chronicle, including the six supplements above named, and Ten Dollars per annum within the United States, Thirteen Dollars and Fifty Cents (which includes postage) in Europe, and $11 50 in Canada. File covers for the Chronicle are sold at $1.00 each (which includes postage). File covers for Supplements can be had at same price. are CHICAGO OFFICE.—39 South La Salle Street LONDON OFFICE.—Edwards & Smith, 1 Drapers' WILLIAM being available—it would have been folly still further allow them to go forward and add to out extra charge to every subscriber of the Chronicle. The Railway and industrial Section, Issued cars to the congestion at seaboard terminals, and particularly New York, at which point a series- of local strikes involving transportation workers, long¬ shoremen, truckmen, &c., imposed a virtual embargo on the ordinary for final The Gardens, E. O. DANA* COMPANY, Publishers, Front, Pine and Depeyster Streets, New York. freight congestion in Eastern Federal situation, was authorities import in their bearing renewed on on prices almost exclusively to because of this the is held by question. cannot be many the part of the credit the among a number the current financial, One result was the Stock Exchange with further tremendous break in cut in merchandise extensive during May, all of large economic situation. liquidation very control the most conspicuous of other events of like tenor industrial and to security values. seems a The to have been confined the retail end of the business, and lasting character of the operation competent observers to be open to Obviously, if retail stocks when exhausted prices, the move¬ ment cannot be maintained. The price reductions involved mainly articles of clothing and wearing apparel and did not extend in any as a so whole acute that shippers and railroad officials alike deemed it best to appeal to the Inter-State Commerce Commission, asking it to exercise the West. and emergency powers over The Commission acceded ordering certain quotas of great degree to articles of food and food prod¬ ucts, though in certain directions there was a mod¬ After that the situation it when was with laden cars west the grain cars gradually improved again hove into sight stuff, that the grain market, on occasions, reflected the fact and registered sharp declines. At the same time plans were vigorously pushed in this city for dealing with the local strike situation handled, which, owing to inability to get freight causing considerable business to be was diverted to neighboring ports. portation Committee break the tie-up in obstacles of was A Citizens' Trans¬ formed in this city to traffic and to deal with the other impeding the transportation and delivery goods, materials and articles of food and every¬ thing else. The replenished at prices which will admit of future retail sales at like cuts in the railroads from the East and certain other quotas east from the price-cutting movement of Reserve on territory eventually became less than three months. REVIEW OF MAY. on of delivery to those buying freight movements given the Commission under the new Transportation Act which Had been effective B. proportions, with renewed efforts processes consumption. to the request, A retail NO. 2867. price-cutting movement had its origin here in the East but to have enough to maker rapidly spread to the West. been initiated—at least arouse on a It seems scale large public attention—by the Wana- department stores in New York and Phila¬ delphia. These stores, in flaming advertisements, expressed a determination to arrest the steady ad¬ in prices under which the cost of living had ification of the extremely high prices previously reached. On the grain exchanges sharp breaks in been raised by leaps and bounds and announced an all-around reduction of 20% in the figures at which prices occurred on more than one occasion, but these declines were due chiefly to partial relief from the sales had previously been made, the reductions freight congestion and freight blockades which were applying to all goods in the establishments with the vance also features of the month. They reflected accumula¬ exception of a few minor articles on which the stores by price restrictions imposed by the which had their origin in the soThe action met with quick response called "outlaw" strikes of the previous month, the manufacturers. effects of which were Aggravated by numerous other on the part of the public and buyers thronged these stores to the doors. Other department stores fol¬ outcroppings of labor troubles, all tending to prevent Out West even deliveries at points of ultimate destination and into lowed suit with similar reductions. the hands of the consuming masses. Grain in large larger reductions were reported, these reaching 30, 40 and even 50%. At Omaha a price-slashing were tions of tonnage quantities cars was tied up in the West, either because could not be obtained to load it, or because— bound movementXamong the different department stores developed as a result of frenzied local competition in underbid all the others which each store strove to It was [Vol. 110. MONTHLY REVIEW 14 contended by many commentators that these 17 cents, May 19 to 16.50 cents and May 25 to But obviously, unless the manufacturer 16.25 cents. buy his can raw material cheaper and also get his labor at lower cost, he cannot sell his goods for less— unless indeed his profits are now excessive, leaving general price reductions had become a necessity inas¬ much as the public had been manifesting much some margin for lower prices in the scaling down of opposition to the high range of prices prevailing anc such profits. As it happens—and this constitutes had actually begun to refrain from buying. The one of the anomalous features of the situation which extensive purchasing induced by the marking down of values certainly indicated that the public was avic. may have a very important bearing on the course of prices in the future—cotton manufacturers in the for lower prices. r | New England States in May actually agreed with the The machinery of the law was at the same time set in motion against profiteering or alleged profit¬ operatives to grant on June 1 another increase of 15% in wages on top of all the previous advances. eering, one evidence of which was seen in the indict¬ Indeed a general increase affecting approximately ment under the Lever Act of the American Woolen 400,000 textile operatives and adding approximately Co. and William M. Wood, its President by a Federa Grand Jury on May 26 on allegations of profiteering. $1,000,000 to the weekly pay-rolls of the mills was scheduled to go into effect on June 1. As a result The indictment contained 14 counts, each dealing textiles wages, already at the highest stage in history, with the sale of woolen cloth at alleged exorbitant were brought to a point 156% higher than four prices, sale prices being connected with asserted cost , manufacturing in these counts in a way so as to profits of 100% or more; though on the other hand, President Wood affirmed most em¬ of years ago. The indicate phatically that there was "absolutely no just ground the suggestion that this company has charged excessive prices for its cloth or has ga ned unreason¬ able or excessive profit." As was to be expected, the price-cutting movement for received most enthusiastic favor in newspaper com a freight blockade had the effect of few establishments in different parts a standstill, thereby causing shut-downs and the throwing of workmen out of employment for the time being. Idleness ensued and impressions naturally gained ground that a reaction in trade as well as in prices wab under way. Some automobile establish¬ ments even reduced their forces. This was a rather to utterance of every kind. The National Association of Manufacturers at its annual notable meeting at the Waldorf-Astoria, in this city, made a declaration saying that "we are in hearty accord with all sensible efforts to reduce prices of commodities, to ment and public and to that end members to co-operate bring about that result." we urge our in all reasonable efforts to wholesalers were getting ready to join in the crusade against the high cost of living. It was stated that cancellation of orders by retailers was forcing a reduction by whole¬ There came reports, too, that Evidence of reductions in wholesale salers. prices sufficiently general to carry conviction. Certain articles of luxury are unquestionably lower and at the St. Louis fur auction on May 11 fur prices dropped 20 to 30%. not was entirely lacking; yet they were not It is true also that at the wool auction at Boston on May 20, conducted under the auspices of the British Government, the result was far from satisfactory to the latter. Prices, according to the newspaper ac¬ counts, declined from 10 to 20%. Not only that, but was stated that interest in the sale had been very it apathetic, only seven mills having taken part in the bidding and but 30% of the wool offered for sale having been disposed of. It was added, furthermore, that buyers were agreed that the peak of high prices for wools had passed. That obviously remains for the future to determine. In silks, of course, the indications point strongly to materially lower prices, owing to the great drop in quotations at the original sources of supply. On account of the panic in Japan, which seems to have affected the silk market there, m8re severely than anything else, cablegrams have stated that silk which at the top notch of the market had sold at 5,000 yen a bale. bale had dropped to 1,500 yen a leather, it has been reported from Prices of the Boston Federal Reserve District, "are down to peak of $1 75 per foot. Dealers stopped buying about the middle of May." Aparf from these instances, however, there have been no noticeable signs of declines in wholesale prices as yet, and unless such declines take place and 80 are cents from maintained a no assurance can be felt that a definite downward in mercantile prices is under way. In raw cotton no great drop in values has yet been recorded. Midland upland spot cotton in New York, after having risen from 41.25 cents per pound April 30 to 43.00 cents May 19, did subsequently decline but the close May 28 was still at 40 cents. Print cloths at Fall River, it is true, were sharply marked down during May, the price per yard being reduced May 4 from 17.50 to 17.25 cents; May 13 to tysrn bringing not of the country happening inasmuch as all the automobile known to be filled with orders sufficient concerns are keep their plants occupied for a considerable time And yet indications are lacking of into the future. . broad and general contraction in mercantile activity. Such shut-downs as occurred were as a rule more or less connected with the freight blockades any and the resulting inability to get needed fuel and materials with which to carry on functions. trade ary It is supplies of the custom¬ noteworthy that^ the analysis of May business conditions takes occasion to say that little actual Federal Reserve Board in its high level of prices prevailing can be Although the pressure of disturbing factors be seen the Board cannot discern any real change relief from the observed. can in underlying conditions of trade. "The changes place," says the Board, "may, how¬ that have taken basis for changes in business relation¬ broaden into more far-reaching alteration of the essential price structure." The Board then proceeds as follows: ever, ships afford that, a may The continuation of labor difficulties and unrest, particu¬ larly in connection with the railroads, when added to the difficult situation produced by car shortage and lack of equipment, has caused considerable interruption to business operations, and the whole outlook has been such as to bring about a severe curtailment in the volume of stock and securities transactions and to compel very material lessening in the market value of Liberty bonds and of other securities of the first grade. In addition to intense shortage of labor on farms and at points of primary production, sporadic strikes in lines of manufacturing, notably textiles, have con;inued to indicate unrest. Wages have apparently fallen behind the advance in prices and cost of living. The move¬ ment of labor from the farms to the cities is continuing. Various demands for higher wages have been taken under advisement for the purpose of bringing about compromise adjustments between employers and employees.^ General complaint of low efficiency or small output per unit of labor continues to be prevalent. The difficulty of getting skilled abor in some of the more highly developed lines of manufac¬ other many ture is very considerable. < hand, it is worth noting that it is the view of Frederic H. Curtiss, Chairman and Federal On the other Eat Agent of the Boston Federal Reserve commodity prices in the New England lave begun to come down, due to Reserve Bank, States the refusal of the public to pay the high quotations asked on many classes of goods. Price reductions, Mr. Curtiss lolds, really began in February, when readjustments, started "under the surface," were well veiled during March, became somewhat more noticeable in April and "now, at the end of May, the shifting economic currents have hegu x to visibly break through." He continues as fol o June, 1920.] MONTHLY REVIEW Pressure on manufacturers, particularly of shoes and cloth, for lower cost goods, is being felt noticeably. Large department stores and shops specializing in wearing apparel are liquidating inventories by means of appreciable price reductions, cancellation of orders in certain cases and hesitancy in making commitments for another season's goods at the prices demanded by jobbers and wholesalers; and with the logical result that middlemen, confronted on the one hand by this pronounced attitude on the part of the retailer, and on the other by difficulties in procuring bank accommodation with which to carry then surplus stocks, are beginning to show symptoms of a willingness to unload at lower terms than manufacturers' prices.1 This policy, Mr. Curtiss thinks, may be attributed partly to the backwardness of the season and to the fact that merchants have been accumulating mer¬ chandise delayed in transit and have seen orders, given months ago as a precautionary measure in excess of actual trade needs, gradually filled until they have found themselves overstocked with un¬ seasonable goods. The reported success of sales at reduced prices in certain lines may indicate a con¬ tinued purchasing power, so far as a certain amount of ready money, undiminished as yet by reduced earnings, is concerned. But it also indicates, he thinks, that the disposition of the people to forego purchases at price levels generally prevailing during the last six months has been increasing, bringing about a marked recession of buying activity, which it has been necessary to stimulate anew by tempting concessions. He then adds: This certainly reflects a distinct reversal of the conditions of eight or even six months ago, when it seemed as if the higher the marks on the price tags the more eager was the public to part with its money. In short, the people are themselves now applying the brakes. While, therefore, it is contended in some quarters that liquidation of stocks at this time, when the public usually is spending voluntarily for spring and summer needs, is due to causes other than a definite and permanent downward turn in prices, and while there would be no use in counsels of self-deception on this point, the evidence is nevertheless un¬ mistakable that, however most commodity prices may hesitate, it can be said that they have positively receded, their upward trend has been halted. This is especially true of woolen and silk wearing apparel, both outer garments and underwear, hosiery, women's waists, men's furnishings and boots and shoes, reductions in which, though not radical, and in some cases not yet affecting the ultimate consumer, some dealers state they are con¬ vinced will be permanent, for the simple reason that they do not believe the public will absorb merchandise at prices higher than present quotations. 15 to Treasury certificates bearing the same rate. On Saturday May 29, however, the New York Federal Reserve Bank announced a new schedule of redis¬ count rates, effective June 1, representing increases over the rates previously in force of from 3^ to 1%. The greatest change was in advances not exceedingfifteen days secured by commercial paper (bht except¬ ing bankers' acceptances), and for rediscounts of for which the rate was increased from 6% to 7%. Rates on Liberty bonds and Victory notes were put up from 53^ to 6%, and Treasury certificates of indebtedness, which had been rediscounted at 5%, were advanced to 5}^%. The new such paper, schedule is follows: as Commercial Paper—For advances not exceeding fifteen days secured by all classes of eligible commercial paper excepting bankers' acceptances and for rediscounts of such paper, 7%; previous rate, 6%. Liberty Loan Bonds and Victory Notes—For advances not exceeding fifteen days on Liberty Loan bonds, Victory notes and customers' notes secured by either of the so foregoing, and for rediscounts of customers* notes secured, for periods not exceeding ninety days, 6%; previous rate, 5H%- Bankers' Acceptances—For advances not exceeding fifteen days secured by bankers' acceptances, and for rediscounts of same not exceeding ninety days, 6%; previous rate, 5%. United States Treasury Certificates of Indebtedness—For advances not exceeding fifteen days secured by United States Treasury certificates of indebtedness, and for rediscounts of customers' notes so secured, not ex¬ ceeding ninety days, 5H%; previous rate, 5%. The Federal Reserve Bank of in its discount rates the vances tive June 1. The advances Chicago made ad¬ day, also effec¬ same were the same announced in New York except that there as those was no change in the rate on loans secured by Liberty bonds and Victory notes. The rate on this class of collat¬ eral had already been raised by the Chicago bank to 6% and no further change was now made, while in New York with the rate to 6%. banks serve 5J^% The Richmond and increases the figure some was raised of the other Re¬ subsequently followed suit, though the were not in all cases identical. One of the events of the month was a further great drop in U. S. Government bonds, but with an even more sensational recovery the latter part of the month. The drop was due to very extensive liquida¬ tion. This in turn was attributed to selling by corporations and other holders of the bonds who, finding their loans curtailed owing to the action of the banks in limiting credit accommodation, found themselves impelled to dispose of their Government bond holdings as the easiest and best' way of putting themselves in funds. other circumstance There was, however, still an¬ contributed to the early that great decline in the Liberty Loan issues. The noteworthy, as already stated, Secretary of the Treasury on May 11 announced a for the renewed vigor with which the Federal Reserve new issue of Treasury certificates of indebtedness authorities cont nued their policy of curbing credit and made the rate of interest 5%%. This was the expansion as far as possible. There was need of highest rate yet paid by the Government on any of extra vigilance, and also of more than ordinary its borrowings, during the war and since, and marked caution in the carrying out of this policy, since the a progressive increase in1 rate. Prior to April the transportation embargo, by preventing normal move¬ highest rate in these Treasury certificates had been ment of goods and materials, made it impossible in In putting out two new issues on April 12 The month is also * numerous to realize instances for merchants and manufacturers their therefore calling for a correspondingly greater use of credit. Reports had it that large stocks of both corn and wheat were being carried on farms, in elevators and elsewhere. On May 18 an important conference between the Federal Reserve Board and the Federal Advisory Council on goods, and Class A directors of Reserve banks which had been the Secretary in inviting subscriptions advanced the 5% for certificates of 3 months' maturity and 5%% for certificates of 6 months' maturity. Even rate to these rates, however, did not prove suffic ently attractive, and ^accordingly the Secretary in his new offering on May 11 raised the rate to 5J^%. The Reserve Board in its summary of May speaks of the financial occurrences of the month as having been of the first importance, and says that in addition to a heavy decline both in carefully planned occurred in Washington as the agreement was reached to make a more careful scrutiny of applications for bank credit with a view to granting those only which might be found to be necessary. It was further agreed that rates. caution must be exercised and commitments be made the with discretion. Fourth outcome of which ^ J Only moderate changes in discount rates were made by the Reserve banks until the very close of the month, when all around advances were announced. The earlier advances were confined almost exclusively to marking up the rates charged on rediscounts of paper secured by Treasury certificates of indebted¬ ness so as to make the rediscount rate correspond to the higher rate which the Secretary of the Treasury had been obliged to pay in offering a new issue of these certificates, namely, 5J^%—this rate applying Federal events for volume and value of securities in the financial centres there was a general tendency to revision of interest just narrated, we have In the circumstances reason for this revision of interest rates. The Liberty Loan 4J4s, after selling earlier in the month at 86.10, dropped on May 20 to 82.00, but as already stated, after the completion of the liquida¬ tion which caused tihe drop, prices made most spec¬ tacular recovery and the whole of the loss, and more too, was recovered, the close May 29 being at 88.12. The Third Liberty Loan, second converted 4J^s, touched even a lo\Ver figure, having got down to 81.10, but closed May 29 at 87.38. This break in Government bonds was followed by great weakness in municipal bond issues but here the recovery was not striking. New York City 4%s of 1965 broke 94%, the asking quotation May 3, to 90% so from May 24 and the closing price May 29 was 91% bid, While, however, the municipal bond market 93 asked. participate in the recovery to the same extent as United States bonds, many issues of railroad bonds on the other hand did develop considerable strength did not the latter part of the month and enjoyed a sharp up¬ ward reaction. stock The market in had May some decidedly bad turns with violent and very further general prices, but with an upward reaction and a decidedly better tone the latter part of the month. The industrial stocks fared worst, which was natural declines in seeing that in the bull campaign of last summer they had enjoyed the largest advances. These industrial shares received their hardest blow from the merchan¬ dise It was argued that price-cutting movement. these lower merchandise and the commodity prices, and general reaction in prices and in trade which they smaller profits for all The break in Government bond seemed to foreshadow, meant- industrial concerns. prices later in the month served as a further depress¬ ing influence. Doubtless also the policy of the banks in rigidly curtailing credit facilities and with¬ holding funds for speculative uses, in the stock market ip the mercantile markets, played its part in pre¬ cipitating Stock Exchange selling. The result alto¬ as gether was a very declines began at general collapse in values. The very beginning of May and the of the property costs carried on the books companies (speaking of the roads as a whole) and this too, on the basis of the low prices and values prevailing in 1914, since which time reproduction in excess of the costs have in many cases doubled. Thus the railroad steadily gained in favor and though the ad¬ vances were only moderate they were constant, so that the level of prices was gradually advanced, shares of the active specialties higher at May than , at the beginning. At the close of the month-^a month that will always be leaving the some of end distinguished for the great and general collapse in prices which marked its course—the tone was good, though the volume of business was small. It remains to be said that the transactions from day to day and from week to week were not of large magnitude, there having indeed been only three days during the month the dealings aggregated a million shares a day or over. The action of the New York Federal Reserve Bank in further raising discount rates did not come until after the close of business on Saturday when May 29 and hence did not count among the influences of the month affecting Stock Exchange speculation. Had it transpired during business hours possibly the tone at the close would not have been quite so good. VOLUME OF BUSINESS ON THE Month of May— Stock 11 1918. 16,642,242 34,413,553 21,139,092 $1,436,029,950 $3,215,472,425 $1,984,405,900 Number of shares Par STOCK EXCHANGE. 1919. 1920. value 1917. 19,354,400 $1,780,710,450 Bond sales (par value)— RR.& misc.bonds $49,634,500 U. S. Govt, bonds 298,999,800 $73,617,000 196,238,300 $29,446,500 118,186,500 $48,596,500 97,000 State, municipal^ interruption until the latter foreign bonds.. 18,892,500 19,139,000 17,346,500 28,530,000 part of the month. The Stock Exchange was closed on Saturday May 1 for the accommodation of brokers, Total bond sakes. $367,526,800 $288,994,300 $164,979,500 $77,223,500 115,843,699 108,473,721 61,997,179 $10,266,335,375$10,223,837,00.0 $5,807,211,250 82,798,734 $7,481,649,930 continued almost without larger numbers than ordinarily were removing to new quarters. On May 3 when business was re¬ sumed a sharp drop in values occurred. Thereafter bad days came in rapid succession and prices gave way with great rapidity, though rallies—some of who in proportions and others of larger calibre— minor served to prevent utter demoralization. Following the conference of the Reserve Board with the Federal Advisory Council and Class A directors of Reserve on May 18 and the publication of the remarks made by Governor Harding at this conference, the market May 19 suffered perhaps the most violent col¬ lapse of all, with the losses in the case of the industrial shares running all the way from 5 to 15 points. The banks day (May 20) Liberty bonds established new low the market nevertheless experienced some recovery. For a few days thereafter a steadying tendency became manifest, but this was succeeded on Monday May 24 by a further marked drop in prices. The cumulative next records which did not tend to revive spirits, but result of these successive declines was that the great mass of the industrial shares not only touched the figures of 1920 but many of them got lower even than the minimum prices recorded in 1919. The rest of the month, however, the market en¬ lowest - [Vol. 110, Monthly review 16 Jan. I to May Zl— Stock sales— Number of shares Par value Bond sales (par value)— RR.& State,municipal & $278,974,500 369,000 $227,645,000 973,570,600 126,085,300 100,488,000 88,784,500 170,754,000 $1,696,667,500 $1,361,703,500 $604,249,000 $450,097,500 $254,424,500 392,656,000 . foreign bonds.. Total bond sales. $122,808,500 1,316,157,700 misc.bonds U. S. Govt, bonds market remained under continued during May and yet there was a trifling easing up of the situation towards the close. Call money on the Stock Exchange did not reach the ex¬ tremely high figures recorded in April, the maximum quotation having been 12% May 14 with 10% the high figure on May 11, May and May 13; with the exception of these four days the high figure ruled below 10% throughout the month. The renewal figure was 9% May 3, 8% May 4, 7% from May 5 to May 11, inclusive, 8% from May 12 to May 17, inclusive, 7% from May 18 to May 21, inclusive, and then 6% each day for the remainder of the month. There was apparently an adequate supply of funds for call loan purposes at the rates given, but the demand itself was light owing to the relatively small volume of business done on the Stock Exchange. A rather The money pressure notable feature at the end of the month was a relaxa¬ tion in the time money branch of the market from the stringency previously prevailing. The re¬ joyed a substantial rise, under the influence of a laxation consisted chiefly in freer offerings and a number of favorable developments. Liquidation in disposition on the part of lenders to shade quotations Liberty Loan issues seemed to have run its course and though only to a fractional extent. On May 28 some prices for the same now tended strongly upward and of the leading financial institutions indicated a will¬ the improvement continued day by day. Then also ingness to put out substantial amounts at 8%%. foreign exchange rates on France and Italy changed Borrowers on their part did not appear keen to accept decidedly for the better and sterling rates also moved these offers, apparently looking for further conces¬ higher. Furthermore, news came of the arrival of a sions, though there appeared little warrant for any large consignment of gold on the Pacific Coast. such expectation. It was estimated that approxi¬ The railroad shares, which early in the month had mately $3,000,000 had been put out for 30, 60 and declined with the rest of the market, though not to 90 days at 8%% on exclusively industrial collateral. the same extent, now manifested much firmness and For regular mixed collateral the quotation at the this imparted tone to the whole market. The convic¬ close of the month was 8% as against 8@8%% in tion gained ground that the Inter-State Commerce previous weeks; on all-industrial collateral the quota¬ Commission in dealing with the application of the tion was 8%% as against 8%@9%. The bulk of the roads for advances in rates would be animated by be goyerned extreme money offering was said to have come from the interior, though local institutions were also putting The rates for commercial by petty and narrow views such as often in the past, out funds more freely. had influenced its course. Moreover, at the hearings paper substantially advanced during the month and before the Commission, it developed that the valua¬ at the close were 7%% for 60 and 90 days endorsed tion of the roads as conducted by the Commission, so bills receivable and 6 months names of choice char¬ considerations and broad minded far the work had as proceeded, not was showing totals acter, against 6%@7%at the beginning of the month; June, 1920.] MONTHLY REVIEW so well known commanded 7 against We have referred further above to the changes in discount rates made by the Federal Reserve Bank names not 7@7J4 on London did not at first share in the recovery, but the latter part of the month on the announcement of the arrival of $22,200,000 • of New York at the end of the month. noted, these changes did not of business namely, Saturday May 29. RATES FOR ■ NEW YORK, MONEY AT Week ending— May 7. Call Loans at Stock Exchange— Range for week (mixed collateral) May 21. 7% 7A 7 6 6-7 6 8-8%. Four months—8-8Ax 8-8% 8-8A 8-8A 8-8A 8-8% 8-8% 8-8A 8-8% 8-8A Five months 8-8% 8-8 A 8-8 A 8-8 A, Six months 8-8 A 8-8 A 8-8 A 8-8A Four months Five months 8%-9 8 %-9 8%-9 -—8%-9 8%-9 8%-9 834-9 8%-9 —. Six months.. ... Commercial Paper—- ■' . v: • the metal this way. No actual engagements of gold for importation into the United States occurred but what mon 834-9 6%-7 7 tis.....634-6 —Good 4 to 6 months....... In 8A-9 8A 8A 834 834 7-734 I* 7 7-734 foreign exchange the feature 7-7 A held was 734 734-734 slowly, though steadily, being reduced, but the chief the rise in exchange in May on these the less countries appears to have been the announcement which came about the middle of the month that France and England had reached an agreement on indemnity Germany must pay. Fol¬ lowing this announcement, French, Italian and Ger¬ man exchange rates on May 17 and subsequent days shot up in very spectacular fashion. Sterling rates the amount of RATES OF EXCHANGE Paris Francs have been released. The par From this there a after in all of the countries referred to is influence in same thing, gold for the Argentine Government seems to drop to 42.375 May 15 and further drop to 42.27 May 24 with the close, however, May 29 at 42.50. Sterling demand exchange on London was quoted May 1 at 3.82@3.82% and the tendency at first was upward, so that on May 4 the price was 3.87J^' Then, however, a period of decline followed and on May 19 the quotation got down to 3.80J^. The ten¬ dency thereafter was irregularly upward until the announcement of the gold arrivals on the Pacific Coast, when on May 27 the rate advanced to 3.92J But the improvement was not fully maintained and Saturday, May 29, the quotation was 3.87@3.87J^. The recovery in the Continental exchanges, as al¬ ready stated, was sensational. In the case of the French franc, checks on Paris were quoted May 1 at the sensational recoveries in rates on Paris and Rome, as well as on Germany and some of the other countries of Central Europe. No doubt the disproportion existing be¬ tween merchandise imports and merchandise exports none here of Argentine exchange is 42.44 for the peso. On May 1 sight exchange for the Argentine was quoted at 42.675 for the peso. 734 7-734 734-734 practically tantamount to the was 8A .. Double names-—Choice 60 to 90 days... Single name,—Prime 4 to six 8%-9 8A-9 8A-9 8%-9 834-9 this as shipments of gold to the Argentine being called for, exchange now favored a movement of Time Loans (All Industrial Collateral)— Sixty days Ninety days.... far as instead of further J Ninety days. month, country is concerned, was a change in the course of exchange rates on the Argentine and the Far East and 6-7 6-8 - Another favorable event of the May 28. 6-8 7-12 8-8% maturity Anglo-French loan for $500,000,000, heavy buying of sterling bills resulted, and a sharp upward movement in rates on London ensued. . ^ 7-12 Week's average (mixed collateral)—7% Range fci week (all industrial collateral)... 6-9 Week's average (all Industrial collateral) 7A British Government in connection with the next October of the WEEKLY. May 14. 6-9 Time Loans (Mixed Collateral)— Sixty days gold on the Pacific Coast, consigned to J. P. Morgan & Co. for account of the already until after the close day of the month, come the last business on As 17 ON LEADING some was recovery a CONTINENTAL CENTRES. Swiss Amsterdam Antwerp Italian Greek Francs Guilders Francs Lire Drachmas MayBankers' I Checks Commercial Cables Sight 1— 16.72al6.7116.70al6 2..! Bankers' 60 Days 76al6.7516.83al6.82 SUNDAY SUNDAY 3—16.67al6.52 16.65al6 4„16.72al6.32 16.70al6 Bankers' Sight | Cables 5.64 | 5.02 Sight SUNDAY 71al6.56T6.73al6.63 5.63a5.62 5.61a5.60 5.62a5.60 Bankers' Checks Cables I Bankers' Cables Sight Bankers' 36 A 36% SUN DAY 15.72al5.67 15.70al5.65 22,27a22.20;22.25a22 36% 15.62«15.5215.60al5.50 22.17a21.90 22.15a21 15.52al5.3215.50al5.30 21.77a21.5221.75a21 36% SUNDAY Checks Cables J Cables 8.75 SUN-DAY 8.73 SUN DAY 8.74 8.72 76al6.36 16.83al6.43 5.64a5.62 5-- 16.55al6.42 16.53al6 ,59al6.46 16.66al6.53 5.65a5.64 5.63a5.62 36% 36% 8.71 .46(716.40 16.53al6.47 5.64a5.63 5.62a5.61 36%a36% 8.74 8.72 7.. 16.02al5.82 16.00al5 8—15.82al5.52 15.80al5 36%a36% 15.27al4.8515.25al4.83 20.47a20.02120,45a20 8.73 8.71 ,86al5.56 15.93al5.63 36% 7736% 36%a36% 36%a36 % 15.47al5.22 15.45al5.20 21.92a21.47 21.90a21 15.34al5.29 15.32al5.27 20.92o20.52120.90a20 8.73 16.42al6.3616.40al6 36%a36% 14.82al4.62 14.80al4.60 20.07al9.62i20.05al9 SUNDAY SUNjDAY 8.74 14.92al4.76 14.90al4.76 20.32a20.22 20.30a20 14.52al4.32 14.50al4.30 8.73 6 9.J 06al5.8616.13al5.93 SUNDAY 5.65 SUN DAY 10—|I5.82al5.7015.80al5 11— 15.42al5.0615.40al5 12„ 15.12al4.82 15.10al4 13—15.32al5.1215.30al5 . 5.63 5.72a5.67 SUNDAY 5.73a5.69 5.71a5.67 36%a36% 36%a36% .46(715.11 15.53al5.17 5.70a5.69 5.68a5.67 5.72a5.68 5.70a5.66 36% 36%a36% 36%a36% 36% 36% 36% 36%a36% 36%a36% 36% 36% 14a 14.86; 15.23a 14.93 36al5.16 15.33al5.23 5.70 5.68 14— 15.37al5.27 15.35al5 .40al5.30:15.48al5.38 .30al5.26(15.38al5.33 SUNjDAY 5.70a5.68 SUNDAY 17—14.82al4.3014.80al4 SUNDAY .86(715.7415.93al5.81 15.. 15.27al5.22 15.25al5 16.. 5.70a5.65 36% 5.70 5.70 5.68a5.66 SUNDAY SUN DAY .86al4.3414.93al4.41 5.69a5.68 5.67a5.66 36%a3o% 18— 14.12al3.84 14.10al3 16al3.87! 14.23al3 97 5.68a5.67 5.66a5.65 19— 14.02al3.1214.00al3 06al3.16114.13al3.23 5.69a5.67 5.67a5.65 36% 36% 20— 14.30al3.9214.28al3 .34al3.96 14.41al4.03 5.68a5.67 5.66a5.65 21—T3.92al3.77 13.90al3 96al3.81 14.03al3.88 5.68a5.66 5.66a5.64 36%a36% 3G%6a3G% 22„ 13.87al3.7013.85al3 91al3.74 13.98al3.81 5.67a5.66 5.65a5.64 36% 23— SUNDAY SUNDAY 24— 13.57al3.42 13.55al3 SUNDAY j .61al3.45ll3.68al3.53 5.65a5.64 25.. 13.77al2.77 13.35al2 7513 .41al2.81 13.48al2.88 36% 38%a36% 36%8a36 % 36% SUN DAY 5.63a5.62 5.64 36% 36a36% 5.62 36%a36% 36%a36% 36% 36%a36%s 36% 36% 8.74a8.738.72a8.71 8.72 SUNDAY 8.71 8.74 19.82al9.67jl9.80al9 8.72 14.37al4.07 14.35al4.05;20.02al9.62 20.00al9 14.52al4.32 14.50al4.30120.50a20.30(20.48o20 14.47al4.32 14.45al4.30'20.62a20.37|20.60a20 8.69 8.67 14.42al4.3714.40«14.35j20.47a20.37!20.45a20 SUNDAY SUNDAY 8.70 8.68 8.74a8.73 8.72a8.71 8.69 8.67 SUNDAY 14.02al3.76 14.00al3.74;20.52a20.2020.50a20 188 .71a8.70 8.69a8.68 13.62al3.37 13.60al3.35i20.12al9.92 20.10al9 90 13.79al3.02 13.77al3.00:19.97al9.1219.95al9 10 13.72al3.42 13.70al3.40 19.82al9.62il9.80al9. 60 13.52a 13.17 13.50al3.15 19.37al9.12.19.35al9. 10 13.22al3.12 13.20al3.10;i9.02al8.92 19.00al8. 90 SUNDAY | SUNDAY 8.69 8.67 8.70 8.68 8.70 8.68 8.70 8.68 8.70 8.68 SUNDAY 13.03«13.02 13.01al3.00 18.59al8.37 18.59al8.35 12.92al2.37 12.90al2.35; 18,42al7.57 18.40al7.55 8.70 8.68 8.70 8.68 12.18al2.02 12.16al2.00 16.92al6.37 16.90al6.S35 8.69 26— 12.G2al2.2712.60al2 2512 .65al2.3012.73al2.38 27— 13.12al2.67 13.10al2 65; 13 ,16al2.71:l3.23al2.88 5.64a5.G3 36% 36% 12.57al2.2012.55al2.1817.02al6.6717.00al6.f65 8.70 8.68 ,56al3.06 13.63al3.13 5.59a5.58 5.57a5.56 36%a36% 36%a36% 8.71 8.69a8.67 5.60a5.58 5.58a5.56 12.62al2.57 12.60al2.55;17.02ol6.95 I7.00al6. 93( 36% 36% 12.47al2.4112.45al2.39il6.77al6.70 16.75al6. 68 8.71 28— 13.52al3.02 13.50al3 00(13 29— 13.02al2.85 13.00al2 8713 .06al2.89 13.13al2.96 5.6205.61 5.62 5.60 30—j SUNDAY SUNDAY SUN DAY SUN DAY SUNDAY 31. J HOLIDAY HOLIDAY HOLI DAY HOLI DAY HOLI DAY I 8.67 8.69 SUNDAY SUN DAY HOLI DAY HOLIDAY Denmark Sweden Norway Berlin Vienna Russian Kroner Kroner Kroner Rt ichsmarks Kronen Rubles pesetas Bankers' Bankers' Bankers' Bankers' Bankers' Exch. Bankers' Bankers' Spanish May Checks 1— 2 3 5 6 — — — 7— 8— 9 10— 11 SUN DAY — 4— Cables Checks Cables - Checks Cables 16.80al6.90 16.95al7.05 21.12a21.20 21.27a21.35 19.00al9.10 19.15019.25 SUN DAY Checks Cables Checks Cables 1.74al.75 1.75al.76 .50 .51 SUN DAY SUN DAY SUN DAY Sight Cables SUNDAY 1.73al.75 1.75al .77 ,50a.51 .510.52 16.90ol6.92 1.76al.81 1.78al.83 .48a.50 .49a.51 16.87alG.90 16.97al7.00 1.81al,83 1.83al.85 .50a.51 .510.52 16.85al6.90 16.95al6.98 1.87al .91 21.15a21.20 21.30a21.35 1.88al.92 .49a.51 .510.52 16.91 16.99 1.89al.93 l-.91al.95 .49a. 51 .500.52 16.88 16.95 1.90al.92 1.92al.94 .49a.50 .500.51 16.88 16.85al6.90 17.00al7.05 21.05a21.10 21.20a21.25 18.75al8.95 18.90al9.10 I6.85al6.95 17.00al7.10 21.05a21.10 21.20a21.25 18.85al8.90 19.00a 19.05 21.10 16.80al6.85 16.95al7.00 21.25 18.70 18.80al8.85 1.95al.97 17.00 17.15 19.05 19.20 SUN DAY SUN DAY 1.97al.98 .49a.50 .51 .510.53 SUNDAY 2,02a2.05 ,50a.52 2.02a2.05 .50a.51 .51a.52 QUO¬ 2.05a2.09 ,49a.50 .48a.51 TATIONS 14— 2.05a2.08 2.07a2.10 .48a .49 .49a.50 lS- 16.50al6.55 16.60al6.65 20.90a21.00 21.00a21.10 2.03a2.06 2.05a2.08 .48a .49 .490.51 SUN DAY ie.— SUN DAY 17— I6.65al6.70 16.75al6.80 21.00 18— 16.68al6.70 16.75al6.80 21.00 19 21 — 22— 18.55 SUN DAY . SUN DAY SUN DAY 16.92 16.91 16.98 16.88 16.95 16.78al6.80 16.85al6.90 16.78al6.80 16.85al6.90 16.80 SUNDAY 16.85 SUN DAY 21.10 18.50al8.55 18.60al8.65 2.05a2.06 21.10 18.50al8.55 18.60al8.65 2.06a2.08 16.45al6.50 16.55al6.60 20.80a20.85 20.90 18.35al8.40 IS.45a 18.50 16.30al6.40 16.40al6.50 20.65a20.85 20.75a20.95 18.20al8.25 18.30al8.35 16.37 16.45 20.80a20.90 20.90a21.00 18.00al8.05 18.10al8.15 2.l5a2.21 2.17a2.23 .52a.54 2.23a2.44 2.25a2.46 .520.54 .540.55 2.30a2.36 2.32a2.38 .510.53 .530.55 16.65al6.70 16.70al6.75 16.63 16.68 16.30 s ' 16.40al6.46 20.75a21.00 21.05a21.10 SUN DAY 23— 24— 18.45 NO 16.95 SUN DAY 16.85 2.00a2.03 — 17.00 16 85al6.90 17.00al7.05 21.05a2l.10 21.20a21.25 18.85al8.95 19.00al9.10 SUN DAY SUN DAY SUN DAY 2.03a2.07 20— SUN DAY 16.70« 17.00 16.85al7.15 21.15a21.25 21.30a21.40 19.15al9.20 19.30al9.35 2.00a2.02 13— Cables 16.95a 17.00 17.10al7.15 21.20a21.25 21.35a21.40 19.l5al9.20 19.30al9.35 17.8.5a 17.00 18.00al7.15 21.05a21.15 21.20a21.30 19.00al9.15 19.10al9.30 17.0a 17.15 21.20 21.35 19.00 19.15 16.40al6.70 16.50al6.85 20.75a21.00 20.85a21.15 18.50al8.70 18.50al8.85 20.90 16.45al6.55 16.55al6.65 21.00 18.40 18.50 — 12— Checks 16.85ol6.88 16.95al6.90 SUN DAY 16.30al6.40 16.40a 16.50 21.00a21.10 21.10 18.00 18.10 SUN DAY 2.40a2.41 2.07a2.08 2.08a2.10 2.42a2.4"3 SUN DAY 18.00al8.10 18.10al8.20 2.45a2.55 2.47a2.57 .49a.50 .51a.53 .510.53 .500.51 16.75al6.80 16.80al6.90 .520.54 16.77al6.80 16.82al6.85 .540.55 16.70al6.75 .530.55 SUN DAY .530.54 .540.55 16.65 SUNDAY 16.80 16.70 SUN DAY 18.10al8.15 2.64a2.80 2.66a2.82 .560.64 .580.66 16.65al6.70 16.70al6.75 16j63al6.70 16.68al6.75 16.30al6.40 16.40al6.50 21.00a21.10 21.10a21.20 17.90al8.10 18.00al8.20 2.95a3.13 2.97a3.15 .80O.90 .820.91- 16.35al6.65 16.40al6.70 27— 16.40al6.55 16.50al6.65 21.20a21.35 21.30a21.45 2.66a2.80 2.68a2.82 .700.73 .720.75 16.60ol6.65 16.65al6.70 28— 16.55al6.60 16.65al6.70 21.55a21.60 21.65a21.70 18.15al8.20 18.25al8.30 2.36a2.60 2.38a2.62 .650.68 .660.69 2.53a2.58 2.55a2.60 .630.65 .65a.67 25— •26 — 29— 30... 51 — 16.30al6.40 16.40al6.50 21.00a21.05 21.10a21.l5 16.65 81 16.75 21.60 21.70 18.05 18.15 18.20 18.25 18.30 SUN DAY SUN DAY SUN DAY SUN DAY HOLI DAY HOLI DAY HOLT DAY HOLT DAY *. SUN DAY HC L DAY 16.35al6.55 16.40al6.60 16.38 16.43 SUNDAY HOLIDAY SUN DAY HOLI DAY 16.72 francs by May 26 only 12.27 May 29 the quotation was to the dollar; required; on 13.02@12.85 to the dollar. Similarly the Italian lire for sight bills was quoted at 22.27@22.20 lire to the dollar May 1, from which there was a rise to 16.37 lire to the dollar May 26 with the close May 29 at 16.77@16.70. German marks shot up from 1.73 cts. per mark May 3 to 3.13 cts. May 26, with the rate May 29 2.53@2.58 cts. Here there were inde¬ pendent considerations tending to bring about an improvement in the value of the mark. Although opinion seems to differ as to the reasons underlying the rapid recovery in German exchange, there would seem to be little occasion for doubting that the main francs were as on with were narrow no x xxxxxx © ©@©@©© £ xxxxxx 00 oocooooooooo eo eo eo co co eo co a weoooo© oo oo oo oo oo r- t-. x nrtNOOH OOOOOOCOOOOO T-. «-»o © dollar XXX tO CO "0 ® © CO 00 00 OO 00 00 00 00 00 00 ©>00 00 x xxxxxx xxxxxx HNCtOOO 000000 000000 H©0>010N 0000 00 00 CI 00 -< © ^ T-i oot-r^cocoo N N N Is* l> CO 00 O Cfe t** Is* N- NOONNNN XX XX xxxxx * a CO CO CO CO CO CO CO COCO CO CO CO CO CO CO CO CO CO x* x* * oo * xxxx xxxxx xx « «h cj <n o 00 t-00 SO 00 00 ®©©@@® © £*• c-1- !> co co co eo co co co eo co eo eo co co X .XX XXXX . tor* © © h. oo oo N- r4 HNOOihmO l> cot^r-oooooo coco coco coco N IS IN XXXXX x^ r\ © to oo N- © to w XX r- © © r- o> CO CO fO CO CO CO 00 © 00 © to Is* ©®oo©©co t> XX XX X XXXX XXX * X h. co^ to »o "5 xxxx. X © "J co © r* ^ ©Q@®®@®@q®@®@@©Q@©@®@@Q®®@®®®Q2 X£ XXXX fc XXXX fcx xxxgxxxx l0DMDONNeDfflS©^tlll0p|3|')tl'^i«OpiN©O0lO»p0 X X XXX oo wwO'Hho CO00 0000CO N © 00 00 •-<—I 00 00 00 X © © co ■•f eo 000000000000 COCO COCO CO CO 00 00 OO 00 00 00 (M r-f *-4 CO lO 00 OO 00 00 00 00 CO ^ CO »—« »-t »H xxxxxx xxxxxx xxxxxx eo m .H co eo m © © 1-t CO ©eoeo©t^© oooooooooooo NMMOOH oooooooooooo rH 1—1 00 0000 00 0000© 00 00 00 00 00 00 eo co coco co coco coco coco coco COCO CO COCO CO CO CO CO CO CO CO X XXXX X X XX X XX X- XXX xxxxx X C0<N<N<N^tD oooooooooooo I# © ^ <N 01 CI oooooooooooo it well-defined trend to XXX XXX -t ta II CO CO COCO CO CO CO CO to CO CO CO xxxxx X <N 00 xxxxx xxxxx X XX XXXX X ho>h *o COIN 00 00 00 CO oo©©i*-»^t- COCO COCO CO CO CO of exchange, though quotations on the Scandinavian centres were on the whole downward; X oooor-b-aoo NNNNNN ©®©o®oo roo t- t- XXXX XXXXX ocossnoo NOONNNN XX XXX oo CO CO CO CO CO CO to CO CO CO CO to CO CO CO CO CO CO CO CO CO CO CO CO CO the so-called neutral centres the fluctuations rule a the 110 francs, though quoted at 5.64 francs to the May 1 were up to 5.60@5.58 May 29. explanation is found in the enormous purchases here from day to day of German securities of all kinds— German municipal issues, German manufacturing stocks and German stocks and bonds of every descrip¬ tion. Many financial houses have been making a specialty of such transactions and have been doing a huge business. The Austrian crown shared in the im¬ provement. Early in the month the crown was quoted at only 0.48 ct.; on May 26 the quotation was 0.80@ 0.90 ct. with the figure May 29 0.63@0.65. In the rates [Vol MONTHLY REVIEW 18 XX X XX XXX XXXXXX XXXXXX XX (N 00 ■*< ->* Tft -tt< eo oooooooooooo eo ^ eo >-i i-i m mm oooooooooooo oooooooooooo © ^< © oo oo coooooooooooo CO CO COCO CO COCO CO CO CO COCO CO CO COCO CO CO CO CO CO CO COCO CO X. XXX XXXX XXXX. ,X .XXXXX X course X.> oo<Joooo»oooooo^oooooooooooo<;oo«ooooQOao^joooooo©©oo^J^ @Q@©®@©©Q®®®@@®Q©@@@®@Q®®@@@@Qy sxxx xxgxx XfcXXXXXXgX XXX ! Norwegian crown, which was quoted May 3 at 19.15@19.20 cts., on May 26 was only 17.90, with the close May 29 18.20. On the other hand, the Swedish crown, after declining from 21.25 May 4 to 20.65 May 20, was qouted May 29 at 21.60. Spanish pesetas were only 16.38 May 29, against 16.85@16.88 May 1. Amsterdam guilders were 36% cts. May 29, against 36% May 1, while Swiss for instance the MpcoeoeO'^eo©pp»eoeOi-ii-(i-ipN-^©©i-<eop©iJ<'^r^t-t^PO 00^000000000000^000000000000(32 COOO 00 OOOOOOOJOOOOOOCOQOOOJC^ XX X COU5HNCJH OOOOOOOOOOOO XXXXX © © © OO O 01 OOt^t-t-OOOO X CO CO CO CO CO CO. XXX X © CO ooooooooooco O* O (N X X XX- xxxxxx © hhOHHO 00 000000 X 00 ©^©00 00© WOOOONNN ©© 00 00©i-t N> W 00 CO © © d CO 01 tCO CO CO CO CO CO CO CO CO CO CO CO CO CO CO fO CO COCO t I I I I I I I X XXXX XXX I * X O <N 1-t © © © 00 00 00 b-1- XX X o 00 CO COCO COCO CO CO COCO CO CO CO coco COCO COCO CO I I I .1 I » t. # I I I » I I I I I I I I I t I I I I I I I I I I 1 I ■ t I I I I t I 00 t-00 00 00 CO CO CO CO coco I I I I I I I I • I I I I I ( I I » I I I I » I I I I I I I I • I I t I I I « I I I I i rHClCO-^©©t>-X©©'-IClCO^©©t>.X©O^H01COM<©©C-X®©--^ ^(i-tiHiH-Hi-1rHi—f»—(i—ICICICIOICIOIOICICICICOCO RATES OF EXCHANGE ON OTHER CENTRES. Czecho May. Slovakia Bucharest Polish Finnish Argentine Brazil Dollars Kronen Leu Kronen Markka Peso Milreis Checks Checks Checks Checks Checks 934% discount 1 Cables Checks Cables 42.675 42.875 26.375 26.50 22% 42.875 26.375 26.50 22% 1.6001.62 ,53@ .55 5.38@5.40 1.58@1.61 1.60 @1.63 .53®.55 42.675 1.58@1.60 1.62 @1.64 .53 @.55 5.38@5.42 5.38 @5.42 42.50 42.70 26.375 26.50 42.50 42.70 26.375 26.50 22 % SUN DAY 934% 934% 4 6 934% 6 934% 7 934% 8 934 % " " " M " " Peso Checks 1.58@1.60 2 3. ♦Chile Canada . 21 .53 @.56 1.57 @1.60 1.6001.63 1.59® 1.62 5.40@5.42 .54®.56 5.39@5.42 42.50 42.70 26.375 26.50 20% 1.57® 1.60 1.60® 1.62 .54 @.66 5.38 @5.42 42.50 42.70 26.375 26.50 20% 1.57@1.60 1.5901.63 .53 @.56 5.38@5.40 42.50 42.70 26.375 26.50 20% 42.375 42.57 26.375 26.50 20% 1.59® 1.67 SUN DAY 9 " " " 934% 934% 954% 10 11 12 954% 13 10% 10% 14 15 ' " " 1.57@1.60 1.59 @1.62 1.59@1.61 1.73@1.76 1.74® 1.77 1.74@1.77 .53®.56 1.59® 1.62 1.60® 1.63 .64 @.57 1.61 @1.64 .52 @.56 1.7501.78 1.75 @1.78 5.38@5.41 5.52@5.55 42.375 42.57 26.375 26.50 20% 42.375 42.67 26.375 26.50 20% .60® .62 5.52@5.54 6.20@5.22 42.375 42.67 26.375 26.50 21% .60 @.52 5.17@5.20 42.375 42.57 26.375 26.50 23 5.18@6.22 42.375 42.57 26.375 26.50 23 1.7601.79 .50© .53 SUN DAY 16 21 17 1034% 1.78 @1.80 .49 @.60 5.18@5.20 43.05 26.375 26.50 1034% " " 1.7601.78 18 1.7501.79 1.7901.82 .49@ .51 61.8@5.20 42.45 42.65 26.375 26.50 21% 19 " " " 1.7701.80 1.78 01.81 .50® .62 42.45 42.65 26.25 26.375 21 1.76® 1.79 1.7601.79 1.7801.82 .49 @.52 6.18@5.21 5.18@5.21 42.38 42.58 26.25 26.375 21 21 1034% 1034% 1054% 1.7801.81 .49 @.52 5.18@5.20 42.38 42.58 26.25 26.375 20% 22 1054% " 1.75© 1.78 1.78 @1.80 .50®.52 6.17@5.20 42.38 42.58 26.25 26.375 20% 26.25 26.375 21% 21 20 SUN DAY 23 24 1034% " 25 1054% 1134% " " 26 27 11% 28 11% 11% 29 2.14@2.r6 2.30@2.50 2.70@2.96 2.58@2.65 2.55@2.58 2.54@2.57 2.18@2.20 .52@ .55 5.18@5.22 42.27 42.47 2.27@2.40 .67@ .60 5.25@5.32 42.50 42.625 26.125 26.25 2.73@2.95 .63 @.66 5.08 @5.40 42.60 42.625 26.125 26.25 20^ 42.625 26.125 26.25 2.60@2.68 .55@ .58 5.12@5.15 42.50 2.56@2.59 .54®.56 5.12@5.16 42.50 42.625 26.125 26.25 20% 20% 2.55@2.58 .52 @.55 5.14@6.16 42.50 42.625 26.125 26.25 20% 30 SUN DAY 31 HOLI DAY zPeru I/Portugal Hong Kong Shanghai Yokohama Manila Singapore zBombay Java Libra Escudo Tael Tael Yen Peso Dollars Rupees Guilders $4.90@$4.95 46.30@46.31 May Checks 1 93H®94 Checks Checks 49H@50 .127 H@ 128 7 $4.90® $4.95 $4.90@$4.95 $4.90® $4.95 $4.95@$4.98 $4.95@$4.08 8 $4.95@$4.98 3 4 5 6 46.30@46.31 46.30@46.31 46.30@46.31 46.30@46.31 46.30@46.31 46.30@46.31 94 46.30@46.31 46.30@46.31 46.30@46.31 46.30@46.31 @94H 128 49^ @50 @129 125 @125^ 123M@124 50M@51J* 91H@92 885i @90 122 86&@87^ 80% @87% 119 119 @121 51K@52^ 51tf@52^ 51^@52H 80%@87% 119 @121 51^@52 83^ @84 117 @118 52 82 @82^ 80 @80H 79M@79M 79K@79H 114 @114H 52 113 @113^ UOM@iiom 110H@110J* 52 110H@UO^ 29.46 79%@79% 81 @8\% 28.81 82H@83 28.80 82H@83 114H@115H 114M@U5H 30 83 @83H @83H 115 115^@116 5m@52 51^@52 51 @51 y*. 51 @51 Yt 50% @51 50% @51 @85 @85 116 @117 50% @51 116 50% @51 91H@92 51 @123 @121 Checks Checks 463*@46M 40%@40% 3734 @3734 @52 48%@49% 49^@50 49^@50 40%@40% 40%@40% 46 @46^ 45 @4534 46 @40% 45 3734@3734 3734@373i 3734@3734 49H@50 46 45 49%@49% 49% @49% 46 @46^ @40% @4534 @4534 43 @44 46 @40% 43 @44 46 3734@3734 3734@3734 3734@37J4 SUNDhY 9 10 $4.95@$4.98 11 $4.95 @$4.98 12 $4.95 @$4.98 13 14 $4.95@$4.98 $4.95@$4.98 15 $4.95 @$4.98 27.72 $4.96@$4.99 $4.98@$4.99 $4.98® $4.99 $4.98@$4.99 $4.98@$4.99 $4.98@$4.99 28.40 30 83 $4.98@$4.99 $4.98 @$4.99 $4.98® $4.99 $4.98 @$4.09 $4.98@$4.99 31.95 84 31.46 84 33.59 85 35.05 84 35.05 $4.98@$4.99 35.05 27.72 52 52 @52>£ @52Ji @52 H ®52X @52H I 49% @49% 49%@49% 49% @49% 49%@49% 49%@49% 49% @49% @40% 43 @44 @40% 4534 @46 4534 @46 43 @44 43 @4334 43 40 45%@40 43 @4334 @4334 45H @46 43 @4334 4534@46 4534 @46 45 34 @46 4534 @46 4534 @46 4534 @46 4234@43 43%@43% 43%@43% 4234@43 4234 @43 45 34 @46 41%@42 4534 @46 4134 @42 4534 @46 4134 @42 4534 @46 4534 @46 4134@42 4134@42 4534 @46 4134 @42 3734 @3734 37%@37% 37%@37% 3734 @3734 3734 @3734 3734 @3734 SUNDhY 16 17 18 19 20 21 22 114 @114H @118 49% @49% 49%@49% 49% @49% 50%@51 49% @49% 49%@49% 4234@43 37%@37% 37%@37% 37%@37% 37%@37% 3734 @38 3754 @38 SUNDhY 23 24 25 26 27 28 . 118 118 @119 84 @85 @85 @85 @117 @119 118 @119 84 @85 118 @119 51^@51J4 5m@51H 51%@51% 51%®51% 49%@49% 49%@49% 49M@49H 49%@49% 49%@49% 49 M @49 34 3734 @38 3734 @38 3734 @38 3734 @38 3734 @38 3734 @38 SUNDhY 30 31 Checks Checks 48H@49H SUNDAY 2 29 43.25 HOLIDAY . * ule Cents of U. S. money per Chilean peso. at ^American money per Peruvian pound, practically the same level as checks on Bombay. V Value of one escudo in U. 8. currency , z Quotations for checks on Calcutat 19 New York Stock Exchange MONTHLY AND YEARLY RECORD The following tables furnish the year to date. They need no a complete record of the New York Stock Exchange transactions for the past month and extended Introduction, (excepting only State bonds) dealt in list. on as the Exchange. they are self-explanatory. The tables embrace every security We give bonds first, using the classification adopted In the official 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 bonds on adopted by the New York Stock Exchange In 1909, all quotations for Interest-paving price to which accrued interest must be added. The exceptions to the rule are inoome bonds and bonds at a are which interest is In default. EF3For footnotes to This method of quoting bonds became tables see last page of bonds and last effective January 2 1909. of stocks, page BONDS—PRICES AND SALES FOR MAY AND RANGE FOR THE YEAR TO DATE. Int. BONDS n'y stock exchange Sales in Price about Per¬ May Jan. 2 iod. Par Value 1920. U S Government Securities First Liberty Loan Bid. A sit 334s 1st 15-30 year.. 1932-'47 J -D 26260000 lOO.OOSale Second Liberty Loan 4s 1st L L conv 4s 2nd L 1932-'47 1927-'42 L. PRICES IN Bid. Ask. Bid. Ask. 1st L L conv 1932-'47 2nd L L conv—1927-'42 3rd L L 1928 Highest. Sale Prices, Sale Prices. Sale Prices. Sale Prices. 91.70Sale 89.86May 5 92.60May 24 89.86May 84.50Sale 87.50Sale 83.00May 19 81.40May 20 87.60May 29 87.14May 29 86.00May 20 91.80Sale 85.14Sale 87.14Sale 2,339,000 93.40Sale 86.00Sale 87.82Sale Liberty Loan 4%& 1st LL2nd conv 1932~'47 4%B 4th L L__ 1933-'38 Victory Liberty Loan 4 He conv g notes,—1922-'23 324s conv g notes,__1922-'23 ia cons reg April 1930 is cons coup April 1930 4s registered 4s coupon Pan Canal 10-30-yr 5 100.40 Jan. 3 83.00May 19 81.40May 20 93.48 Jan. 92.90 Jan. 0 87.90May 29 87.70May 29 91.70May 29 84.00May 20 81.10May 20 85.80May 20 94.00 Jan. 3 92.86 Jan. 95.00 Jan. 2 86.00May 20 101.10 Jan. 82.00May 20 93.00 Jan. 63507000 92.40Sale 85.30Sale 87.38Sale 43272000 »94.98Sale 90.00Sale 91.40Sale 84.00May 20 81.10May 20 85.80May 20 92.30Sale 85.88Sale 88.12Sale 82.O0May 20 96.00May 17 88.40May 29 41596000 98.90Sale 96.54Sale 96.06Sale 28582000 99.06Sale 96.60Sale 96.02Sale 94.70May 20 94.64May 20 96.80May 24 96.90May 24 49,000 91630000 101.00 ... 94.70May 20 94.64May 20 101 Jan. 101 1925 1925 1,000 64,000 105M 106 105J4 107 105M 106 % 105 M 105 105 105 105 1. Lowest. Third Liberty Loan 4%b 434s 434s Fourth SINCE JAN. RANGE Highest. 91.70Sale 861,000 2,693,000 93.20Sale MAY. Lowest. May 29. May 3. May 15 10521 May 25 105 May 20 106 M May 11 105 30 3 2 3 101% Apr. 16 4 101 Mar. 4 May 15 106% Apr. May 20 106 % Mar. 8 Mar. „ 99.40 Jan. 99.40 Jan. 3 8 2s_Aug 19361 Registered >,1936 Pan Canal 10-30-yr 2s regis 1938 Panama Canal 3s 1961 Registered 88M 88M 1961 89 M 85 88 85 79% Apr. 29 87 % Mar. 27 85 % 8934 Mar. 27 8734 Mar. 27 State and City Securities City— 434s 1960 4Ms Corporate stock 1964 434s Corporate stock 1966 434s Corporate stock— 1967 New York )S )S Corporate stock—1965 Corporate stock 1963 Corporate stock 1959 Corporate stock 1958 1957 Corporate stock 1957 4Kb 434% CorporateiStock 1957 334% Corporate stock ..1954 . — New York State—4s. ser - S - O 15,000 3,000 1,000 j - J 3,000 J -D 15,000 70,000 8,000 16,000 1,000 M- S M-N M-N M-N do 97 % 87 M 87 M 98 % 100M 99 Sale 93 98M 102 9024 Sale 93 Sale 91 89 M-N M- s - 99 18*. cod 100% IOOM 82 98 j J - j j - J J - j J - j ... 107M 109M 99M 94 86 86 M Sale 91M 94 91M 93 9134 93 81M Sale 82 88 Sale 93 M 94 M 80K Sale 92% Sale 91M Sale 81 % 96 100 95 85M May 86 May 86 May 91 % May 90M May 92 May 81 % May 80 May 84 % May 87% May 86 May 86 May 93 May 92 May 94 May 83 May 83% May 84% May 4 17 29 7 10 4 14 4 3 91M May 91M May 75M May 94% May 94% May 80% May 6 5 3 8534 May 86 May May 9134 May 9034 May 92 May 8134 May 80 May Jan. 16 Jan. 30 im Jan. 93 86 10024 Jan. 14 16 10034 Jan. 17 10034 Jan. 10 91 Jan. Jan. 2 90 Jan. 14 89 2 84 Apr. 85% 9134 9134 7534 Mar. May May May Jan. 19 10031 Jan. 10021 Jan. 20 Jan. 20 May 5 10734 Jan. 8 81 20 90 Sale" 100 ... 100 May 5 102 May 20. 100 95 96M Sale Sale 73 63,000 J -D 119,000 116,000 107,000 23,000 80,000 67,000 141,000 a49 92 Sale 118,000 112,000 92 Sale - J M- 8 w 94 Apr. 22 97 108 107)4 Jan. 95M 100 "103M 100 ... 99 M-N J 90 ... 95 107% 108 A-O 7,278,000 M- 8 99,000 1926 A-O 1931 A-O Republic s f 58.1958 Kingdom Italy Ser A 6 348—1915 Imp Japanese Govt—£434sl925 2d series 4 34s_ 1925 do German stamp Sterling loan 4s 1931 Lyons (City of) 15-year 6s. 1934 Marseilles (City of) 15-yr 6sl934 CJ 8 of Mexico external gold loan of 1899 sinking fund 5s 4s gold debt of 1904 1954 Paris (City of) 5-year 6s—1921 Prov of Alberta deben 4%s 1924 Tokyo City loan of 1912 5s United King of Gt Brit A Irel'd 5-year notes 5Ms 1921 20-year gold bond 5Ms.^l937 10-year conv 534s .1929 3-year conv 5 Ms--Nov 1922 8324 83 % 84% Sale 87 M — M- S J 2-year gold notes 5MS—1921 F 10-year 5 Ms 1929 FDominican 93 87% 89% 89% 94 M 94% 94% 85 M 85 M 83 17,000 16,000 4Mb external loan—...1949 F-A of Canada g 5s—1921 A - O do 87 M 96 eTooo "99"" Dominion Do Sale 93 M-N A of 1914.1949 F-A Do 93 93 M-N 1961 M- S Highway Impt 434s 1963 Highway Impt 4Ms 1965 Canal Improvement 48—1961 Canal Improvement 4s..1962 Canal Improvement 48—1960 Canal Improve't 4%b—1964 Canal Improve't 4%b—1965 Foreign Gov't Securities Anglo-French 5-year 5s__ Argentine—Internal 5s of 1909 Bordeaux (City of) 15-yr 68,1934 Imperial Chinese Govt— Hukuang Ry sterling 5s_1951 Copenhagen 25-yr s f 5348-1944 Rep of Cuba 5s ext debt—1904 5s ext debt M A 1956 M-N Corporate orpo stock New M- 8 92M Sale Sale 9l" '91% 85 M 86 76 Sale 97 M Sale A 155,000 87 237,000 23,000 F-A Sale 737,000 a81 J - J 1,049,000 a78M 78M F-A 98 % Sale 71% Sale 87% Sale 97% May 70 May 14 May 26 86 98% May 28 May 20 8724 May 4 93% Feb. 85 M 42% 41 44 41 98% Sale 71 % Sale 87 44 Sale 76 Sale 75 90 % 80% 73M 97% 88 % 91% Sale 78% Sale Sale 89 Sale 90M 80M 73M 96% 87 M 88M 97 M 90% 95 % 89 M Sale Sale 83 % Sale F-A 76 % Sale 75 Sale 44 76% 91% 82 M Sale Sale 88M Sale Sale 91% 93 93 M 83 M 85 75 M Sale 74M Sale 74% 90% 80% 73 96% 88 86 9524 8934 83% 93 73% 73% May May May May May May May May May May May May May May 20 14 27 10 4 25 3 25 3 3 8 28 21 20 72 75% % 8134 73% 97% 91 90 90 9734 9134 85 9534 76% 7534 May May May May May May May May May May May May May May 3 18 14 6 18 3 15 4 27 15 18 15 11 13 - - J ? -D A-O 44 % 658,000 a38 99,000 44% 732,000 92% Sale 70 86 Sale 59 87% 88% 87% Sale 31 Sale 26 M Sale 90 Sale 58% Sale 85 M 87 85 M 87 86 57% May 20 May 24 86 May 54 6034 May 11 87% Mya 5 88 May 12 31 35 May 3 33M 33% $26 May 29 826 Sale 89 92 % May 11 Sale 99 Feb. Jan. 7 3 Mar. 20 99 1-16 Apr.17 Mar. 11 Mar. 75 May 26 9224 Jan. 13 50 20 May 20 74% May 14 Jan. 80 Feb. 3 5 92 80 Feb. Feb. 18 8024 May 10 76 Jan. 2 9834 Jan. 19 90 72 Mar. Mar. 15 9534 Jan. 88 May 86 May 93J4 Feb. 8934 Apr. 79 30 3 25 25 30 Mar. 20 0 Jan. 14 9234 Jan. 9834 Jan. 97 34 Jan. 24 96 86 34 26 19 Apr. 7 May 15 93 May 28 95 34 68 Feb. 4 82 6734 Feb. 4 82 Jan. Jan. Jan. 8 77 Jan. 0 71 Jan. Jan. 14 933 Jan. 10 43 Jan. 8 76 76 M Sale J J 1,548", 666 a6924 Sale M-N 70,000 9224 92% M-N 67,000 92% 92% Mar. 20 5534 Feb. 4 86 May 24 86 May 24 923 3 9 6 May 12 2924 Mar. 26 $26 May May 29 92% May 29 8834 Apr, 12 37 Jan. 16 93 Jan. 3 5534 May 61 Jan. 0 97 34 Jan. 9 14 8 14 30 F-A M- 8 66,000 M-N 1,915,000 F-A 1,282,000 F-A 1,130,000 F-A 553,000 60M Sale 55 9511-16 Sale 88 Sale 95 Sale 95 95 M Sale M 85% 91M 93 % 5624 51 56M 50 May 24 8 50 May 24 94% May 17 8324 May 20 89 May 24 93% May 20 95% May 29 86 May 7 92 May 5 94% May 29 9224 Feb. 5 8334 May 20 89 May 24 9034 Feb. H 50 49 Sale 69 5134 May 3 7434 May 28 6834 May 3 6534 May 18 May 24 May 21 6834 May 3 62 May 24 6534 May May 8 62 7 60 80J4 May 28 84 May 11 79 Sale Sale 95 Sale Sale Sale 84% Sale 89 % Sale 94 % Sale 9024 Jan. 95% Jan. 9534 Jan. Railroad Bonds Alabama Mid. See At Coast L Albany & Susq. See Del&Hud Alegh <fe West. See Buff R <fc P Am Dock & Imp. See Cent of N J Ann Arbor 4st g 4a__July 1995 Atch Top & S F—Gen g 4s. 1995 Registered —1995 Adjustment g 4s...July 1995 Registered. July 1995 Stamped 1995 50-year conv gold 4s 1955 Q- J A-O A-O Nov -D Rocky Mt div 1st 4s A—1965 J - J gold—1958 J - J Cal-Ariz 1st & ref 4M8-1962 M- 8 8 Fe Pres & Phe 1st g 5s. 1942 M- S Atlan Knoxv & No. See L & N 51M 82% Sale 71M Safe" 98,000 27,000 692,000 70M 71 72% 89 M 91M 71M 76M 51M Sale 71M Sale 68M Sale 49% 60 64% 64 74 May 24 May 21 68% May 3 May 24 62 5,000 66 89 M 88 66 "5",5o6 M 74M 35,000 81 95 63M Sale 65 M 65 61 M Sale 65 M 60 79 84 82 77 85 83 58 % 69 54 64 70M 7124 66% 69 73 74 71 81 95 80 % 62 82 80 May May May May 21 24 28 19 61 M 83 M May 27 6834 May 24 68 68 73 May 27 May 11 Mar. 25 49 68 69 8224 Jan. 2 Jan. 12 7134 Jan. 3 Nov M-N J Conv 4s issue of 1910—1960 J -D East Okla DJv 1st g 48—1928 M- 8 Short Line 1st 4s 22,000 946,000 5,000 14,000 79 713i"Jan""l0 21 24 28 19 69 5 3 82 May May May May 88 Apr, 21 65 Jan. 31 69 Mar. 19 68 May 27 6834 May 24 34 Jan. 8924 Jan. 7634 Jan. 81 JaD, 6 BONDS—STOCK 20 Int BONDS N Y Sales in Price about Per¬ May Jan. 2 iod. Par Value EXCHANGE STOCK 1920. 1 Bid. t Atl Coast L 1st g 4s.-July 1952 M- 8 General unified 4%a 1964 J -D Ala Mid 1st guar g 5S--.1928 M- N let gu g 4S.1938 J Brunew A W - 116,000 10,000 i ::::3 J 99,000 May 3. ( 74 72% Sale 91% 96 78 77 83 61 Sale 71 68% .... Sale Sale 71 Sale Sale 70% May 24 May 25 68 74 70 Price< May 29 May 12 92% 70% 78 109% 113 63 May 28 1. Highest. Sals Prices. 70% May 24 68 May 25 92% Mar. 16 80 Jan. 5 78 Jan. 0 92% Mar. 16 Jan. 29 60% May 17 72% Jan. 9 78 May 20 Mar. 31! 57% May 20 84% Jan. 81 81 70 60 60 Jan. 29 78 84% Bss South'n Ry Bee So Pacific Allan A Danv. isitlu A N W. J Qalt A O—Pr lien g 3%s.l92fl ** J Registered July 1948 A-C Gold 4s J Registered IQ - 198,000 83 % Sale 81 - ..... 294,666 67% 505", 000 60"" Sale" 286,000 64% Sale Safe" Sale 79% 81 79 59% Sale May 20 80% 78 81 1 May 3 ■ .... G0% Sale 57% May20 6l' 60 58 May 15 57% May 20 83% May 19 May 3; 62% May 29; 87% May 29, May 28 - 10-year convert 4Hir-.1933 M - Refund A gen 6a ser A.-1995 r 10-year temp 6a 1929 Plttsb June 1st g 6a 1922 J M Pitta Jet A M D 1st g 1Kb '25 - PLEAWVaSya ref g 48.-1941 3 W DIt 1st gold 3%a-1925 O 0 Reorg 1st con g 4%a 1930 Clev Lor A W con 1st g 5s '33 Ohio River RR 1st g 58-1936 ,- C J 1,080,000 J 194,000 J 173,000 S M Sale Sale Sale 75 N - Sale 90 N M J 8 58 75 A -O J A -O 79 90 O Pitts Clev A Tol let g 6s. 1922 A Stat Isl Ry 1st gu g 4%a_1943 J -D J J Tol Cin 1st A ref 4s Ser A1959 96 1937 - 86 ..... Sale 62% Sale 87% Sale Sale 60 80 54 91% 70% 82% 73% 90 72 Sale 51% May 17 68% May 11 54% May 28 70% May 27 85 15 Mar. 31 Jan. 2 Feb. 18 66% Feb. 24 69 Jan. 5 92 Jan. 0 7 75 Jan. 2 51% May 17 68% May 11 61 Jan. Feb. 18 58 May 15 57% May 20 81% Feb. 17 60 54% Sale 69% Sale Jan. 85 Feb. 20 91 Jan. 7 5 77% Jan. 5 Feb. 20 85 90% Mar. 15 91% Feb. 9 90% Mar. 15 45 53 88 49% Sale 45 2,000 92% 89 4,000 79 15,000 - SmNYCAHR Sailer A Carond. Bee 111 Cent Bolivia Ry 1st 5s 1927 Brans A West. Bee Atl Coaat L 8«ffR A P gen g 5s 1937 Consol 4Mb 1957 Allegh A West 1st g gu 4s '98 CI A Mah 1st gu g 5s_ —1943 Roch A Plttsb 1st g 6S-1921 Consol 1st gold 6s 1922 Ssrl C R A No. SeeC RIA Pac Safe 59% Sale 80% -D 94 gold 5s 60 87% 91% General JAN. Lowest. 78 60% May 17 SINCE Sale Prices Highest. Prices 91 114 72 A sic. RANGE MAY. Lowest. May 29. Ask. Bid. 79% Sale 76% 78 92% 96 i Charles A 8av 1st g 7s.. 1936 J - J LAN collat fold 4s. Oct 1952 M-N lav FlfcAW lit I 0i—1034 A - O lit fold 61 1934 A - 0 PRICES IN Ask. Bid. [VOL. 110. EXCHANGE RECORD 46 46 Sale 45% May 4 46 May 21 Apr. 24 Jan. 8 StachCreek. - J M- AJ - F - J ■ 95 83% | 73% T,666; 99% 100% 100% 2,000, 100 - A - O 1962 A - O 1962 CanRegistered Sou con gu A 5s J M- 3,000 69% 65% 73 74 60% .... 79 88% May 24 71 May 18 88% May 24 71 May 18 .... §8% 101% 100 92% Jan. 12 83% Jan. 15 73% Jan. 15 85 85 Apr. 12 Apr. 12 99% Jan. 9 100% Jan. 16 Jan. 6 98% May 13 100 88% May 24 70% Apr. 30 73% Jan. 15 99% 101 96 99% 96% 99 May .12 10,0 May 12 98% May 13 98% May 13 77% 78% 80 77% May 28 78 May 28 77% May 28 87 Jan. 2 75 68% 71 90 77% 75% 89 89 May 17' 75% May 27 89 May 17 5 89 76% May May 17 75% May 27 95% Feb. 88 Jan. 4- 18 6 Jan. 3 Sale 87 88% "79" 83% Carb A Shawn. Bee III Central C iiollna Cent. See Seab Air L C tio Clinch A Ohio 1st 5S. 1938 J -D C «rthage A Ad. S«NYC4H Ced R la F A N. See B C R A N C intra! Branch. See Mo Pacific 70 75 C antral Ohio. See Bait A Ohio Crot of Ga—1st g Ss.Noy 1945 F-A Consol gold 5s 1945 M-N Registered 1945 M-N 10-yr temp secured 6s __.1929 1,000 12,000 - 111,000 92% — j 20,000 July 1987 Q- J 1,000 - J -D 70 J -D 71 J - J - J - J 6,000 ' 97 i 70% 70 A - O 125,000 - J 84,000 May 21 84 86 May 7 84 May 21 94 95% 74% — 79 82 96 May 5 87% May 21! 87% May 21 91 May 27i 99 Apr. 26 81% Feb. 0 May 27 100% Jan. 9 87% May 21 99% Jan. 22 96% Feb. 26 98% Jan. 0 91 75% 50 81 82 82 84% Sale 81% 90 74% 85% 78% 70% Sale 71 72 68% Sale 74% Sale 65% 70 65 69% 70 Sale "82% 82 May 7, 84% May 3 81% May 18! 69% May 5 82 85% 81% 73 66% May 21 70 May 24 70 May 29 74% May 3 61% May 13 62% May 1. May 28 May 18; May 21; Jan. 19 Jan. 24 82 85% Jan. 23 84 95 Jan. 7 70 7 May Apr. 26 81% May 18 69% May 5 81% May 18 ?7 Jan. 2 31 Sale ..... 64 66% May 21 May 24 Jan. 2 81% Jan. 5 61% May 13 73 8 65 Jan. 49 Jan. 70 77 68 "62% 64 70 63 66 May"25 56% 62% 44% 44% 32% Sale 64% Jan. Janl'lS 8 43% Sale 34 Sale 42 May 24 32% May 3 44% May 13 34 May 29 42 May 24 29% Feb. 14 38 Mar. 27 96 Jan. 98 14 5 7 68% 65% Sale 64 65% May 29 64 May 18 76 Feb. Jan, 76% 79 72% 76 75% May 26 79 May 5 75% May 26 84 Jan. 5 86% 87% 84% 86% 83% May 24 86% May 5 83% May 24 92 Jan. 7 79% Sale 71 72% 71% Sale 67 72% May 5 67 81% Jan. 13 21% 21% 20% 25 20 25 23 20 21 98 98% Registered 1949 J - J Nebraska Extension 48.-1927 M-N 14",000 91 48,666, 80 63% 59% 70% 74% Sale | 57% 65% ... 46% Sale F-A J 82% 68 J 1949 J 1949 J 80 81 34,665 75 Sale 84 ..... 98 May 18 2 83 92% 1927 M-N Sea Grt Nor 1958 M- S 4s. ' 129,000 • Chic A E IU-Ref A lmpt g 4a '55 J - J Trust Co ctfa of deposit lit cons gold 6a 1934 A-C 1st 5a Registered | ~3i",666 101 67 69 ATrCoctfsdep.. do stamped— Guar Tr Co ctfa of dep Pur money 1st coal 58—1942 F-A Ch A Ind Coal Ry 1st 68.1936 J - J Chlo Gt West—lat 50-yr 4sl959 M- S Chic Ind A Lou—Ref g 63.1947 J - J Refunding gold 5s 1947 J Refunding 4a Series C—1947 J - J - J Ind A Loulav 1st gu 4S...1956 J - J Chic Ind A Sou—50-yr 4a_1956 J - J Chic L 8 A East—lat 4%a_1969 J -D Chic MUw A St PaulGen g 4b Ser A May 1989 J - J Gen g 3%a Ser B__May 1989 J General 4%s Ser C_May 1989 j 102,000 2,000 28,000 J 4,000 j 33,000 119,000 118,000 290,000 -D 40,000 91,000 15-year debenture 4s 1934 J Ch A L Sup Div g 58 1921 J Oh A Mo Riv Div 5s. —1926 J 1921 J Puget S let gen 4s 1949 J Dubuque Div lat s f 6s__ 1920 J Fargo A So assum g 68—1924 J Mil A Nor lat ext 4%S—1934 J Cons ext 4V6s_. 1934 J Wis A Minn Div g 58—1921 J Wis Vftl Div 1st 8 f 6a—. 1920 J - J - J - J J J J J -D -D 22,000 J J 50 ::::: "76% 86 71% Sale 58% 59% 77% Sale 56 Sale 66 Sale 68 Sale 70% Sale 60% Sale 94 75 75 70 19% May 27 20% May 28 69 57 42 70 50 50 , May 7 52 May 7 69 51% Sale 52% 53 51 May 22 53% May 10 80 64% 75% 75 75 68 71 70 83 60% 70% 70 83 60 64 61 54 54% 72% 73 54% 56 70% 71 55% Sale 63% 64 55 56% 62% Sale 63% Sale 72 54 97 Sale 55 69 64 Sale 60 54% 70% 52% 60 61 73% Sale 71% 57 53 60 May May May May May May May May 21 8 27 25 21 25 6 21 96% Sale 95% Sale 95% May 28 61 58 59 58 99% 98% 98% May 18 96% 6,000 100% 77% 80% 89 79% 96 95% 100 /' 98% 60 I5o% 72 ..... .... 81% 95% — 95 J 99% May 10 May 5 27 Apr. 12 50 Apr. 16 May 7 64% Feb. 28 52 May 7 70 Mar. 17 50 51 Apr. 22 57% Jan. 0 97 Jan. 16 97 Jan. 10 2 Mar. 23 80 Mar. 24 61% May 18 54% May 13. 72% May 4' 56 May 27; 64% May 6' 69 May 29 ( 73% May 28, 57 May 28 21 23 27 25 21 25 May 26 90% Feb. 50 60 95 Mar. 27 Mar. 22 Apr. 53% Apr. 70% May 52% May 60 May 61 May 70 Jan. 53 May 21 96 Jan. 27 13 93% Feb. 24 95% Apr. 30 58 May 10 97% Apr. 20 78 94 Mar. 17 26 70 62% May 17 96% May 3 59% May 14 98% May 20 29 Mar. 22 62% May 17 99 77% 77% 96 21 23 27 27 70 68 62% May 17 97% 7,000 May 20% Jan. 19% May 90% Feb. 80% Mar. 100 23,000 - - ..... 94 May 21 96 - - 54% Sale 97% 80 85% 66% 71 76% 1932 J -D 1925 J 60% ..... 67 - A 4 Mb Jan 2014 A - O B 5s Jan 2014 F-A 68 2,000 - conv ser Chic A P W 1st g 58 24 1937 M-N do Convertible 4Mb Permanent 4s 26% 1937 M-N USM O M A 99 69 71% J ser 95 91% Sale 87% 91 78 - Gen A ref 81 96 64% 70% 71% 83% Gen ref 82 94 86% —— 72 O A J cons 79 76% Sale 80% Sale J General 77% 82 151,000 - General 92% 79 339,000 712,000 1,000 - 4i ioint bonds. 89% 81% 93% Sale 88% 91% 74% Sale gold 4a 11989 J - J Warm Spr Val lat g 5a. 1941 M- S Greenbr Ry let gu g 4s_1940 M- N Registered 70 83% 80% 84% 99% 100% 99% 101 98% 98% 96% 80% con Illinois Division 4a 86% 76 79 5,000 18,000 F-A J Registered 85% 65 M- S con Chic A Alt RR—Ref g 38—1949 Railway 1st Hen g 3%s__ 1950 Chic Burl A Q—Dear D 4s 1922 Illinois Division 3%g—.1949 84 76 54 M- S A A Creek Div 1st SOtts Br 1st g48—1946 48—1989 J 2d 93% — 1939 M-N 1939 M-N gold 5s___ Registered General gold 4Mb 1992 Registered 1992 10-year convertible 4%b.1930 •0-yr conv 5s secur bonds 1946 Big Sandy lat 4b ->-1944 Coal Riv Ry 1st gu 48—1945 Craig Valley 1st g 58—1940 77 — Central Pacific. See So Pac Co Ceat Yer let gu g 4s_May 1920 Q- F Ch 3fl A O—Fund A Imp 5a. 1929 J - J cone 78% 88 Am DockAImp Co gu 58.1921 J - J Leh A H R gen gu g 68—1620 J - J N Y A L Br gen g 4s 1641 M- S 1st — 89% Mid Ga A Atl Dir 58—1947 j - J Mobile Dir let g 5s 1946 j - j Cen RRAB of Ga—Col g 5b1937 M-N Central of N J—Gen g 5s. .1987 J - J Registered- .... 76% • y~v Chat Dir pur money g 4a 1951 Mac A Nor Dir lat g 58-1946 j 96% 98 87% Sale Jan. 9 77% Jan. 12 May 5 94 80% Mar. 68 2 Mar. 23 62% May 17 82 Jan. 72 Jan. 3 60% Jan. 30 Feb. 21 79 29 61% Mar. 20 72% Feb. 25 73 Mar. 13 79% 65% 97% 93% 98% Mar. Mar. Jan. Feb. Mar. 65 Jan. 5 11 21 24 25 8 98% May 20 Jan. 9 77% Jan. 96% Jan. 12 17 78 Jxjne, 1920.] BONDS—STOCK EXCHANGE RECORD Y STOCK Sales in ! Per¬ May | iod. For Value Int. BONDS B EXCHANQE 1886-1926 F - 1886-1926 F - A Bid. 3,000 8954 9,000^ 85",666, M- N A-O 1987 1879-1929 IN Ask. Bid.' , May 29. 3. Ask. RANGE MAY. Sale 76 Sale JAN. 1. 34~, 000 973< 8334 Sale Prices. 83 Sale May 14 86 Sale Prices. Prices. May Highest. 83 4 Sale Prices May 14 Jan. 7 6834 Jan. 2 92 6134 Sale 7834 71 9734 88 6134 5934 May 17 6134 May 67 71 25! 6934 70 8734 89 8434 May 26 8734 May 28 96 92 May 11 92 May 11 96" May 13 96 May 13 May 4 ! .... 34 May 17i 67 May 28 71 101 34 102 59 94 May 4 7034 Apr. 24! 8434 May 26 Jan. 3 7034 Apr. 24 98 Jan. 8 80 Mar. 15 103 Mar. 26 May 11 9434 Jan. 29 96 May 13 97 Mar. 16 8734 Apr. 9434 Feb. 9031 Jan. 22 6 94J4 Feb. 9834 Apr. 26 9534 Jan. 9 99 FeK 28 96 Feb. 19 99. 1879-1929 A- O 1879-1929 A - 5,000 O 97 104 92 96 96 9734 1879-1929 A-O Registered -1921 A-O Debenture 5s urn'mi 5,000 "9634 "97" 1921 A-O Registered Sinking fund deb 5s Registered 1933 M-N 9034 8034 ~8734 "8434 -II" 85 Man GBANW 1st gu 334s '41 J Milw A 8 L 1st gu 334s..1941 J - J - J ..... g 6s. 1924 J - J gu 4s 1947 M- S St L Peo & N W 1st gu 5sl948 J Chic RIA Pacific gen g 4s-1988 Registered 1988 Refund gold 4s 1934 R I Ark & L 434s rec_._1934 Burl C R A No—gold 5s_ 1934 CRIFANWgug 5s_.1921 M & St L 1st gu g 7s 1927 Choc Okl & G Coneol 58.1952 Keok & Des M 1st 5s... 1923 Bt PA KCShL 1st 4^8 1941 - J J J A-O M- S A-O A-O J -D 110 63 98 10134 loo 10034 10,000 7434 7534 8534 91 2,000^ 46,000, 75 54 Sale 542,000 67 Sale 267,000 6234 Sale 9034 93 9234 69 75 7834 8134 6634 70 6134 Sale Sale 62 „ 34 98)4 10034 9532 9534 10034 9534 9934 6434 75 7834 94 80 May 21 May 19 80 May 21 May 19 May 29 70 68 64 6134 ~ 6134 May 24 60 May 20 — J4 Mar. 2 10034 Jan. fl 70 May 21 7234 Apr. 14 79 Apr. 28 8734 Apr. 8 65 Apr. 20 7 6 34 Jan. I 6034 Feb. 17 5834 Feb, 10 8534 Feb. 24 May 3 May 28 65 May May 73 58 5 10 9834 May 29 98 May 26 10434 Mar. May 29 6 2 34 May 5 67 34 Jan. 64 Jan. 8 9034 Jan. 12 8 97 87 80 89 89 68 68 Sale 65 66 58 59 61 4,000 105 106 99 103 Cons 6s, redu,ced to 3348 1930 J -D Debenture 5s 1930 M- S ¥,666 « 6834 Sale1 9834 Sale 80" "8734 "82"" Sale" 9334 ----- "79"" "85" 65 5', 68 5 60 58 May May 98 May 26 "82"" "May" 3 "8434 May""4;l 8134 Apr. 5 5 1 Apr. 6634 Jan. 8734 Jan. 9 fl J Superior S L 1st 5s. June 1930 M- S Chic T H A 8'east 1st 5s 1960 J - D con 70 6534 May 21 87 5 99 Sale 6334 Chic A W I gen g 6s Dec 1932 Consol 50-year 4s_. 1952 Choc Okl A G. See C R I A P Cin Ham A D 2d g 434s 1937 CIn Fin A Ft W 1st gu g 4s '23 9934 May Sale 65 - 5 68 79 87 9934 May 64 13,000 29,000 North Wisconsin 1st 6s_1930 J — , 993 9534 9934 9934 9934 105 95 Chic St L A N O. See 111 Cent Chic St L A Pitts. See Penn Co Chic St P M A O cons 6s__1930 J -D F-A 29 6 ¥.11 Ho 98 M-N A-O 9434 Jan. 9734 Jan. "6934 III- 6334 1,000 M L S A West 1st g 6s__1921 M-N Ext A imp s f g 5s 1929 F-A Ashland Div 1st g 6s_ 1925 M- S IIIZI '7234::: 92 80 Frem Elk & Mo V 1st 6s_ 1933 A-O Michigan Div 1st Mil Spar & N W 1st 9 134 1933 M-N De8 Pines Val 1st gu 434sl947 M- S St P East Gr Trk 1st 434s '47 J - J Day A Mich 1st SINCE Lowest. Highest. 81 6154 70 Lowest. Ask. Bid. 82 90 68 1987 M- N Stamped General 6s stamped Sinking fund 6s Registered Sinking fund 6s May 83~" 1987 M-N 4s 1920. A Registered General, gold, 334s 1987 M- N Registered Not 1987 Q- F General PRICES Jan. 2 $ Chicago A North Western— Extension 4s Price about 21 Q -M J - J 1,000 92,000 J - J M- N 434s 1931 J - J 50 6934 80 69 9934 101 5934 60 100 98 Sale 5434 ..... 8634 56 100 9814 May 141 5434 May 19 56 9834 May 14 5634 May 4 9814 May 14 Mar. 26 103 5434 Feb. 5 61 Jan. 9 81 Jan. 14 81 Jan. 14 60 May 19 70 Mar. 10 73 Feb. 13 77 Jan. 29 8214 Apr. 68 May 5634 Apr. 6034 May 6134 May 12 28 20 19 15 84 Feb. 24 75 Mar. 62 Jan. 69 69 81 CIn Ind St L A C. See CCCAStL CIn San A Clev. See CCCAStL Clearfield A Mahon. See BRAP OCCAStLgeng 4s 1993 J -D 20-year debenture 434s. 1931 J - J 1993 J -D 1939 J - J Gen 5s Series B 20,000 63 34 Sale 7634 7734 11,000 Cairo Div 1st gold 4s Cin W A M Div 1st g 4s. 1991 J - J Bt L Div 1st coll tr g 48.1990 M- N "¥,666 1990 M- N g 4s...1940 M- S W W Val Div 1st g 4s 1940 J - J Cin I St L A C cons 6S..1920 M- N 1,000 71~~ "7734 ..... "¥,666 6534 6534 6434 67 70 71 61 Sale 73 Sale 80 85 80 83 6334 7234 5834 68 7134 5834 63 64 63 6434 6434 58 65 70 72 62 72 6134 68 6134 68 70 5634 60 34 60 May 19 73 May 21 66 74 May May 4s "68"" May"28 70 6034 May 19 6134 May 15 J4 May 21 6034 May 19. 6134 May 15 5 fl 6634 Mar. 11 Jan. 65 lfl 100 100 78 34 Aug 1936 Q- F Aug 1936 Q-F CIn S A CI cons 1st g 5s. 1928 J - J C C C A In gen con g 6s. 1934 J - .1 First gold Sale 74 " Registered Sp A Col Div 1st i 63 84 7734 Mar. 17 7734 Mar. 17 47 May 17 56 Mar. 15 18 Jan. 27 Feb. 24 74 May 20 May 22 88 34 Jan. 8534 Jan. 17 fl 75 Jan. fl Jan. 8 Registered 95 70 71 pref 5s.Apr 1938 Q- J 76 70 45 pref 4S..1940 48.1940 A-O 7,000 13,000 5234 Sale April Cleveland A Pitts. See Penn Co Cleve Short L—1st gu 434s 1961 A-O Colo A Southern 1st g 4s. .1929 F-A 76,000 85 88 29,000 8234 86 Peor A East 1st cons Income 4s Cleve Lor A W-. 1990 19 —■ 10134 A-O End B1 A W 1st O I A W 1st 8834 10134 8434 20 71 jm-'m 70 50 2034 Sale «« » <m- M* m 48 51 20 2334 19 76 74 47 May 17 May 4 50 May 26 2334 May 28 30 See Bait A O Cleve A Mahon Vail. See Erie Refunding A ext 434s 1935 M-N F W A D City—1st g 63.1921 J - D 84,000; i 7434 Sale 9734 97 Colum A Hock V. See Hock Val Col Conn A Term, See Nor A W| Conn A Pas Rivs 1st g 4S..1943 A-O Cuba RR 1st 50-year 5s g_1952 J - J 75 74 7734 7634 77 34 75 69 70 70 9134 96 89 May 20 May 22 6634 May 24 76 34 74 72 93 75 % May 6 77;^ May 18 70 May 27 74 6634 May 24 95 Feb. 27 98 70 Apr. 12 "73 .... 80 ..... "im 72 Mar. 24 Dallas A Waco. Mo K A T elaware Lack ASee Western— J - J F - J 3,000 21,000 - A 2,000; M-N F - A 6,000 434s__ 1922 J - J 1943 M-N Convertible 5s 1935 A- O Alb A Suaq conv 3348- —1946 A-O Rens A Saratoga 1st 7s.. 1921 M-N 28,000 9634 26,000' 81 36,000 82 1,000 70 Mor A E 1st gu 334s.2000 1921 N YL A W 1st 6s Construction 5s 1923 Term A improve't 4s. 1923 War RR 1st ref gu g 334-2000 Delaware A Hudson— D 1st lien eq 15-yr g 1st refunding 4s J - J J - J Improvement gold 5s—1928 J -D First A refunding 5s 1955 F - A ceTtfs of dep R!o Gr June 1st gu g 5s. 1939 Rio Gr Sou 1st g 4s 1940 Trust Guaranteed 152,000 7,000 J J - D - J - J J - J A-O Det A Mack 1st lien g 4S..1995 J Gold 4s 1995 J - 93 90 90 96 79 9734 96 70 Sale 67 69 100 104 98 ..... 7034 72 7534 7834 6034 68 10034 102 May 7, 90 May 96 May 21' May 4 743s May 26 67 May 4 95 70 73 May 6 May 14 May 3 May 4 79 67 7 65 34 May 18 7034 Jan. 23 9834 May 25 10034 Jan. 9 9734 Feb. 28 9734 Feb. 28 90 May 7 94 Jan. 13 96 Apr 15 9634 May 4' 81 7434 May 26* 8534 67 May 4 7 2 34 Jan. Jan. Jan. Jan. lfl fl 10 10 6734 Jan. 7234 Jan. 7034 Jan. 49 Apr. 4434 Feb. 3 17 17 8 2 70 25,000, 407,000 "45~" Safe" 45 60 62 66 6334 6734 6834 Sale 4434 Sale ~67~" 13,000 5034 52 55 78 7934 80 D Sale 65 68 Sale 45 43 "7034 mil ::::: "3934 145,000 Sale 59 64 70 49 34 4 May 6314 May 14 6634 May 20 42 May 24 May 29 May 10 3 6814 May 4534 May 29 62 64 34 58 May 4 6234 Feb. 17 Feb. 19 39 Feb. Feb. 25 75 Jan. 3 75 Jan. 3 58 Feb. 141 67 Jan. 2 48 Mar, 2 52 Jan. 8 72 H May 13 9234 May 24 80 Jan. 8 63 38 19 3734 7734 ~59J4 Sale" 58 6034 47 34 6134 5934 May 3 49 May 19 6134 May I7 50 May 14 68 78 -D _ _ M-N J - J Dul A Iron Range 1st 5s__1937 A-O Registered 1937 A-O Duluth Short Line. See Nor P Dul So 8hore A Atl g 5s—1937 97 6734 Sale 6934 Sale 4234 1940 J Detroit River Tunnel— Det Term Tunnel 1st 434s '61 Dul MIssabe A Nor gen 58.1941 65 34 May 18 6534 May 18 9834 May 25 100 May 5 .... 90 64 0534 9834 Sale 9134 93 6534 9934 100 9634 ..... Sale 86 75 104 co Rio Gr West let g 4s 1939 M A coll tr g 4s Ser A. 1949 Dee M A Ft D. See M A St L ..... 7034 95 9334 1 Del Rlv RR Bdge. See Penn RR Den A R G—1st cons g 4s. 1936 Consol gold 4348---- —1936 . 70 10034 9334 J - 11,000 6,000 7634 70 9334 "87"" 74 J 70 94 95 78 34 78 83 7134' 7234 May 13 ---- 92 34 May 24 7314 May 6 J4 May 24 92 86 77 87 Apr. 19 9234 May 24 90 34 Jan. 10 34 East of Minn. 8 PSeeMSoA Ry M ast Tenn Reor See lien. ■set Tenn Va A Ga. See So Ry ■lgin Jol A East 1st g 58...1941 M-N ■rie—1st consol gold 7s...1920 M-N M- 8 1920 A-O 192« - D N Y A Erie 1st ext g 4s_. 1947 3d ext gold 434s 1923 4th ext gold 5s 5th ext gold 4s M- S ' 6,000 92 8,000 9534 76 9134 97 8134 85 96 "9834 83 34 9 334 9 6 34 82 88 9234 98 ... 72 85 98 84 95 May 26 May 18 86 97 May 28 May 7 May 26t 86 34 Apr. 19 95 Jan. 5, 98 Jan. 29 80 Jan. 3 80 92 Jan. 22 92 Jan. Jan. 22 9534 Apr. 7 95 34 Apr. 7 84 3 BONDS-STOCK EXCHANGE RECORD 22 Int. Per¬ iod. BONDS Y N EXCHANOE STOCK ErI•(Concluded) N iLE4Wg fund 78.1020 Erie 1st con g prior 4a..1996 Registered 1st consol gen lien g 4a 1096 Sales in May Par Value M- S J - J J - J J - J J - J 1951 F - A to^yr coelt g 4s Ser A. 1953 A - O Do do Ser B.1953 den cony 4s Series D. 1953 Chic & Erie 1st gold 5s. . 1982 Cler & MahonVal g 6S..1938 Erie Ac Jersey 1st s 16s.. 1955 Qeneesee Rir RR 1st s f6s *57 A - Registered Penn coll trust g 4s O A - O M-N J - J J - J J - J $ 171",000 A - J -D J - J J - J Sale Pricet. 52% Sale Sale 41 Sale 39" 41 75,000 206,000, 37 261,000 3,000 37 Sale 80% 37% 84)4 97 92 ..... 93 54% Sale 83% Sale 35 36% 72 77 ..... 04% 63 J 72 .... 55 3,000 ..... 1st general gold 5s 1942 A - O Mt Vernon 1st gold 6s.. 1923 A - O 8ull Co Brch 1st g5s 1930 A -O ..... 88 89 96% 34% ::::: "92% 85 91 75 81 ..... 55 ::::: "40" "«?% Sale 34% Sale 35% Sale 67% ..... 76% 76% 88 55 50 2,000 ..... 108 100 90% 80% 40% Sale "74"" "63% 83 "87% "90% O Bighed. Sale Pricet. 47 ' 72 May 21 50% May May 21 41 30% May 17 31 May 4 34 May 27 69% May 28 35 May Sale Price*. Sale Price*. 7 47 3 39 May 3 34% May 7 37% May 12 72 May 4 May 21 56 Mar."l5 Jan"30 47 Mar. 16 73% Apr. 26 30% May 17 Feb. "79% JanT'sO 41% Feb. 24 83 Feb. 24 Feb. 24 Jan. 9 90* Feb. 20 91 Feb. 10 41 May 27 69% May 28 44 30 1. Bigheet. Lowed. 34 83 "88% Mar."25 79% 82% ..L. 75 92% 91% 44 51% 25 30 37 44 ..... RANGE SINCE JAN. Lowed. 50 79% Safe" 35% Sale 3,000 May 29. Aek Aei. Bid. 100 93% 100 Sale 49% Sale Aei. Bid. Bid. 96,000 D A Impt Co 1st extd 5s.1943 J - J NYAGreenw L guar g 58.1946 M-N Mid of N J 1st ext 5s...1940 Wllk A East 1st gu g 58.1942 Erie A Pittsburgh. See Penn Co Bt A Xnd 1st con gu g 6s..1926 ItAT H— 1st cons g 6s.. 1921 PRICES IN MAY. May 3. *1 100 Long Dock cons gold 68.1935 A-O C A RR Co 1st cur gu 6s. 1922 M-N NYSusqAW 1st ref g 58.1937 J - J Second gold 4^8.....1937 F-A General gold 5s ..1940 F-A Terminal 1st gold 5s.. 1943 M-N Price about Jan, 2 1920. [VOL. 110. 91 Feb. 5 5 81 May 15 40" "May 15 46" "May" 15 39%May25 39% "May" 25 39%May25 39% May" 25 49 May 19 50 May 17 49 55 Jan. 5 77 May 77 May 80 Jan. 8 40 May 15 40" 72 72 ..... 50 49 "W ..... 95 90 94 74 79 May 19 Fargo A Sou. ChSeat) M &Air St P la Cent A P. See See L na East Coast 1st 4%s...l959 J -D fort St U D Co 1st g 4%s.l941 J - J f t W A Rio Gr 1st g 4s.;.. 1928 J - J 10,000 80 Sale 17% ..... 5 5 52" inn Ti%:::: '56% 74% Apr. 1 6S~""Feb~.~28 56% Jan. 23 CI* H A San A. See So Pac Co *->a A Ala. See Seab Air Line GalT Hons A Hend 1st 5s.. 1933 A Ga Car A Nor. See Seab Air L Georgia Pacific. Gill V G,A N. See Sou Pac Co Gout A Oswegat. See N Y Cent (it Nor—C B A Q coll tr 4s. 1921 J Registered 1st A refund - O J 1,557,000 July 1921 Q- J 4%s Ser A. 1961 J - J 6,000 45,000 .1961 J Registered 6t Paul Minn A Manitoba Consol mortgage 4s... 1933 J 1st consol gold 6s.... 1933 J Registered ........1933 J Reduced to gold 4%s_1933 J Registered 1933 J Mont Ext 1st gold 48.1937 J Registered ........1937 J Pac Ext sterling gu 4s. 1940 J B Ry M No D1t 1st g 4s. 1948 A Minneap Union 1st g 68.1922 J Mont Cf 1st gu gold 6s.. 1937 J Registered 1937 J 1st guar gold 5s 1937 J Registered .1937 J Wfll ASP 1st gold 5s... 1938 J .....^.. - Registered. 1952 J Feb OockVal 1st con g 4%s..l999 " Registered... .1999 Col AH V 1st ext g 48..1948 Col A Tol 1st ext Is...! 1955 - J J 84% - J J 1,000, 105% - J - J 10,000, Extended 1st g 3%s 94% Sale '70"~ "73% 75% "77" 93% May 24 93% May 10 70 May 19 94% May 5 93% May 26; 74 May 4 93 Feb. 13 93% May 10 70 May 19 Jan. Q 95% Jan. 85% Jan. 9 3 88% Jan. 105% Jan. 22 26 96 82 ..... ... ..... 94% Sale 83% 103% 106 78% 83 99% 101 102% May 24 102% May 24 100% 83% 90% "84%~May"2§ ~86~ May" 10 83% Feb. 99% Apr. 91% Sale 85% Sale §3"" ::::: 79 79% 76% 84% May 28 '79% Feb"." 11 ..... Jan. 7 83% Jan. 19 92 -D - J - O - j — J - J - J - J - ::::: ~86~~ 75 80 nn "so"" ::::: 'w 78 97 7,000 ioe%::::: 93% ..... 102% "96"' ::::: "or" 82 78 78 94% 9.6% 100 97 ..... ..... ..... 85% "88" 53% 7% Sale 53% .... 7 8 60 60 62 61% 64% 96% May 18 96% May 27 "98% "89% "93% 7,000 % 57 JP* 73 ..... 70 7 May 5 "7% May 3: Mar. 19 9 Feb. Feb. 27 96% May 18 83 78 97 Mar.23 Feb. 10 Feb. 27 106% Jan. 20 J an" 2 2 92% Apr!" 94" 91% Apr" 91% Apr. 55 Mar. 55% Feb. 14 10% Feb. 24 9 7 May 58% Feb. 65 Mar. 23 61 May 19 73 Jan. 78 Mar. 16 78 Mar. 16 J - - J - O 70 F-A 69 J J 1951 J 1951 A - J - J - 53,000 72% Sale 63% Sale 05 60 61% 61 May 19 63% May 80 May 13 80 3 5 — ... J J - Registered 1953 M-N 15-year temp 5%s secured '34 J - J Cairo Bridge goid 4S....1950 J -D Litchfield DIt 1st g 3s..l951 J - J Lou't DIt A Term g 3%sl§53 J - J regis 5s 1921 lgg 3S....1951 84Tenn Gold 3%s .1951 1951 __ 161",666 61",656 89,000 1,000 73% Sale 65% 76% Sale 64% 67% 71% Sale 60% 93 78% Sale ..... J F-A 83% 70 65 ..... 62% "72 70 64 Sale Sale 61% 89 ..... ..... 64 95%::::: F-A J - J - J - J ..... 65 50 63 64 65% ..... 72% 67% 79% Apr. 22 83% Apr. 16 67 Apr. 14 '72" Mar.""5 68% 69* 55% 62* 62% Sale 85% Sale tol 58 62 May 20 65 May 21 64 May 10; 62 May 20 67% May 27i 60% May 15 63 May 28 83% May 22 May 7 86 May 13 May 7| 70 70 62 74% Jan. 5 65 May 21 63% Mar. 2 60 Apr. 30 76% Jan. 2 63% Mar. 72% Jan. 2 8 83 Apr. 30 May 7 93% Jan. 3 70 80 Jan. 27 ..... 62% 95% 50% 50% 56% 69 Jan. 7 69 Jan. 7 74 73% 69 ..... 65% ..... 63 62% 52 Apr. 9 52 Apr. 9 53 Jan. 22 53 Jan. 22 61% Feb. 28 6t% Feb. 28 88% Apr. 93 69% 70 F-A 100 1951 J -D 1951 J -D 64 A 581963 J - D 1st g 4s. 1951 J -D M- S ser Sf LSo 1stgug4s 66% 72 66 49% ... Memphlr, DiT 66 60 70 Registered May 13 4 12,000 90 Joint 1st ref 80 62% Belle A Carond 1st 6s... 1923 J -D Carb A Shaw 1st 4s g... 1923 M- S Ch St L A N O gold 5s..1951 J -D Registered ......1951 J -D Gold 3%s_. ..... 73 1st g 3%8_.1951 J - J western Lines 1st g 4s.. 1951 F-A Entered 80% J * 38.1951 J 1951 J Revered JDij 85 73" O O hit refunding 4s... 1955 M-N Purchased lines 3%s 1952 J - J Coll tl g 4s L N O A T..1953 M-N R^stered .....—.1953 83 78 78 80 3,000 J - Registered 1951 A lit gold 3s sterling 1951 M- S Collateral trust gold 4s.. 1952 A - O Registered 1951 A - O . 70 91 -D A 1951 J 8MB——.11951 Registered « 60 AmNYNHAH Registered -« ..... ..... J t lllnols Central—1st g 4s. 1951 J 4 Middle D]t Omaha DIt 79 J H A Tex Cent. See So Pac Co Hous Belt A Ter 1st 5s... 1937 J lit gold 95% Sale "83% "87" - -D Greenbrier R. See Ches A O Green Bay A West deb ctfs A.. Feb Debenture ctfs B Feb ttAShl 1st ref A ter 5s g Feb '52 J - J Housatonlc. 60 65 See South Ry 93 10,000 1931 lnd B1A W. See CI C C & St L Ind Dec A W. See Cln H A D od IU A la 1st gold 4s....i960 J - J n tern A Gt No—1st g 6s..1919 M-N *owa Central. See Minn A St L 93% 91% 100 83% "88" 86% 100 80% 60 66% 87% 72 78 70 77% 74 68 59% 65% 75% 77% 93 95 66% 90% 74 78% 83% 64% 74% 64 82 60 "85" Sale 68 82 95 63% 90% 76 66% 72 Sale 52% 53% ..... 16 Jan. 9 66% 72 May 19 77% May 6 72 May 19 69% Feb. 3 83% Jan. 14 69% Feb. 3 .... 95 Jack-Lans A Sag. See Mich Cen Riiames F A Clear 1st 4s...1959 J -D 78 Jan. 12 78 Jan. 49% May 19 59 Jan. 5 75% Jan. 70% Jan. 12 5 12 auauaor. &,ts4m8 A Mich. K C Ft 8 A M an See Tol A O C St L A S F 5e«StLASF KC& Pacific. See Mo K AT Kan City South 1st g 3s... 1950 A-O KCAMRyAB. Registered... Kef A Imp 5s Kansas C Term 1st 4s - I960 J - Kentucky Central. See L A N KeokADesM See C R I A P Kooxiine A Ohio. 114,000 56% 82,000; 183,000 73 75 57 51 49% May 19 53% May 27 64% May 3 63% May 22 66% May 29 63% Apr. 22 67% May 28; 63% May 22 1950 A-O Apr 1950 J See Sou Ry J J Sale Sale 64% Sale 65 Sale 66% Sale 66% 70 BONDS—STOCK EXCHANGE RECORD June, 1920.] BONDS n Y Sales in Price about Per¬ May Jan. 2 $ 1,000 Lake2dE gold & W 5s1st gold 5s__1937 J - J 1941 J J North Ohio 1st gu g 5s_ _ 1945 See N Y Cent PRICES IN 1920. Par Value iod. EXCHANGE STOCK Int. Bid. 80 A-O May 29. May 3. Bid. Ask. 83 75 % Ask Ask. Bid. 81% 80 74 RANGE MAY. Lowest. Sale Prices. SINCE JAN. 1. Highest. Louest. Highest. Sale Prices. Sale Prices. Sale Prices. 77% May 28 77% May 28 75 Feb. 80 May 19 11 81% Feb. 2C 67 64 67 65 90 50 83 80 81 59 62 81 L Sh & Mich So. Leh V (N Y) 1st gu g 4%s_1940 Registered 1940 Leh V (Pa) gen con g 4s 2003 Gen consol 4%s 2003 Leh V Ter Ry 1st gu g 53..1941 Registered 1941 Lehigh Van RR coll tr 6s..1928 Leh V Coal Co 1st gu g 5s_ 1933 Registered 1933 J J M-N M-N A-O J J - A-O J J 3,000 - J J - — 2,000 1,000 82 87% 86% ::::: 80% Sale 96# 99 70 92% 100 May 19 80 May 19 80 61% May 19 75 May 14 91 May 22 62 91 May 13 May 14 May 22 61% May 19 74% Apr. 29 91 May 22 94 96% May 87% Mar. 16 80 84 70 90% 100 75 72 Mar. 30 83 Jan. 13 95 Apr. 5 22 Jan. 7 100 83% 92 Jan. May 19 103 98% Jan. 22 98% Jan. 87% 70% 87% 73 Jan. 93% 84% 75% 86 Feb. 77 Apr. 20 79 May 3 May 17 72 Jan. 5 95% Sale 79,000 100% 102% 95% ..... First int reduced to 4s__1933 J - J Leh & N Y—1st gu g 4s 1945 M- S 68% 87% Sale 94 May 19 6 94 7 73 11 93 8 M- S Registered Leh & Hud R. See Cent of N J Long Dock. See Erie. Long Isl 1st con g 5s_July 1931 Q- J 1st cons gold 4s July 1931 Q- J Gen gold 4s 1938 J -D 1922 Ferry gold 4%a 1,000 5,000 S M- —1949 M- S 1934 J -D 20-year temp deb 5s-_._1937 M-N Guar ref gold 4s__ 1949 M- S NYBAM B con g5s._ 1935 A-O N Y & Ro Bch 1st g 5s- 1927 M- S N Sh Bch 1st con gu 5s Oct '32 Q- J 1,000 1927 M 79 68 72% 95% 69 85 64% 67 "T.666 68 27,000 63 85 Sale 66% 69 95% 95% 60j 60j 73 60 63 60% 62 — 92 Louis Cin & Lex g 4%9_1931 M-N N O & M 1st g 6s 1930 J - J 2d g 6s 1930 J - J Pad & Mem Div 4s 1946 F St Louis Div 1st g 6s 1921 1980 S M- 2d gold 3s Atl Knox & Cin Div g 4s 1955 M-N Atl Knox & No 1st g 5s. 1946 J -D Hend'sonBdgelstsf 6sg 1931 Kentucky Central g 4s__1987 Lex & E 1st 50-yr 5s gu.1965 LAN Mob A M 1st g4%s 1945 L A N-Sou Mon joint 4s_ 1952 Registered July 1952 N F1 & Shef 1st gu g 5s__.1937 Npt & Cin B gen gu g 4 %s 1945 Pens A Atl 1st gu g 6s__1921 S A N-Ala con gu g 5s 1936 Gen cons gu 50-yr 5s. 1963 87% w> 11,000 6,000 l\H 28,000 76 A - J — O 20,000 74 86 M- S "4", 606 82% J 39,000 62 J - 80 98% ..... - — — 63% Sale 63 May 27 63 May 27 6 63 7 63 May 6 May 29 63 May 61% May 63 May 27 73% Jan. 5 67 Jan. 27 67 Jan. 27 63 Mar. 17 68 Jan. 24 69% Jan. 30 61% May • — ... 92 73% 72% Mar. 23 84% 90% 97 Feb. 72 May 19 77 Sale 72 May 19 77% May 28 80% 88 82% 85% 92% 100% 87% 3 -A 88 97% 51% 50 Sale 45% 61 65% 83% 93% 101% 64% Sale 79% Sale Sale 88 .... 63% 85% 96% ..... 59% 80% 72% 59% 95 85 82 "63" 85 95 71% F - A F - A 94 99% 96% 89% A-O 82 86 79 Lou A Jeff Bdge Co gu g 4s 1945 M- S 62 70 61 ..... SeeLSAMSo 94 80% 2 21 10 100 100 13 90 7 103 Feb. 1 30 Jan. Jan. Jan. Feb. Jan. 89 100% Feb. 100 Mar. Jan. 84% Jan. 91 7 98% 49 69% 88 96% May 14 46% May 18 63 May 26 97% May 27 50 May 3 68 May 6 .- 68% 64 May 13 65 May 13 83 72 63 58 May 25 May 22 72 May 25. 59% May 7 96% May 14 46% May 18 63 May 26 14 8 10 101% Mar. 64 May 81% Mar. 72 95 58 May May 89 Mar. 30 98% 90 93% Jan. 76% 83 79 Apr. 27 61 67 63 Mar. 17 35 89% 44% 85 Jan. 1936 19 17 Jan. 2 76 89 8 10 15 7 9 Mar. 30 ... 85 67 Jan. 51% Jan. 9 101% Jan. Jan. 13 75 10 86% Jan. 25 82% Jan. Jan. 22 65 96% 94% 94% "*anito S W Colonic g 5s. 1934 75 3 100 89% Feb. J - 7 65% 97% Sale 83% 98% __ 73 68 «. 99 J Manila RR—Sou lines 4s 63 67 Mar. 10 95 89% - n/rahoningCoal. 88% 103 100 J _ 67 May 3 May 17 ... 95% 100% 101% M- S J 97 104 A - M- S 94% 97 75% Sale 82%.... 97% 84% Sale 92 79 67 May 3 May 17 79 85 60% 68 79 80 1931 M-N Coll trust gold 5s " 90 92 199,000 _ 64 See So Pacific Louisv <fe Nashv—Gold 53-1937 M-N Unified gold 4s 1940 J - J Registered 1940 J - J — 85 85 ; 70 93 — 69 80 S - 84% 92% ..... 71 . Louisiana & Ark 1st 5s 89% 79% 70% 90 1932 J -D Gold 48 Unified gold 4s Deb gold 5s La Western. 84% "7~060 9 93% Jan. 9 81% Feb. 14 65% Mar. 19 McK'ptABVern. SeeNYCAHR Mex Internat 1st cons g 4s_ 1977 M- Stamped guaranteed 1977 Michigan Central. See NYCent MidTerm lstgsf 5s-„--1925 Mil L S A West. SeeChlcANW Nil A North. See Ch M & St P Minn A St L 1st gold 7s...1927 Pacific Ext 1st gold 6s.-1921 1st cons gold 5s 1934 lst A refund gold 4s 1949 M- J A MM 1st A ref 5s Series A 1962 Q Des M & Ft D lstgu g 4s 1935 J IoWa Cent 1st gold 5s_-_1938 J Refunding gold 4s 1951 MMinn A St L gu. See B C R A N M St P A SSM con gold 4s stpd payment of int guar 1938 J 1st cons 58 1938 MStPASSMA Cent Term 1st Chic Term s f 4s__ 1941MM SSM A Atl 1st gold 4s stpd payment of int guar.. 1926 J Minneap Un. See St P M A M Mississippi Cent 1st 5s 1949 J Mo Kan A Okla. See M K A T Mo Kan A Tex—1st g 4s__1990 J 2d gold 4s. June 1990 F 1,000 13,000 8,000 1,000 8,000 18,000 61,000 2,000 5,000 J IIP. 87% - deposit gold 5s 1944 M2004 MTrust Co ctfs of deposit. General sf 4^s 1936 J - j Trust Co ctfs of deposit St Lou div 1st ref g 4s__2001 A - O Dal A Wa 1st gu g 5s_._1940 M- N Kan C A Pac 1st g 48—1990 F - A Mo K A E 1st gu g 5s.1942 A - ■O Mo K A Ok 1st gu 5s_ —1942 M- •N MK AT of T 1st gu g 5s. 1942 M- S SherShrev A So 1st gu g 5s'43 J • D Tex A Okla 1st gu g 5s. .1943 M- S Missouri Pacific (new co)— 1st A refund 5s Ser A.-.1965 F - •A 1st A ref 5s Ser B__Jan 1923 F - •A 1st A refund 5s Ser C—1926 F - A General 4s 1975 M- S Mo Pac—1st consol g 6S..1920 M- N 40-year gold loan 4s 1945 M- 8[ 3d 7s ext at 4% 1938 M- N Cent Br Un Pac 1st g 4s_ 1948 J - D "Pac RR of M 1st ext g 4s 1938 F - A 2d extended gold 5S..1938J - J St Louis Iron Mt A South— Gen con ry A Id g 5S..1931 A - O Gen con 8tpdgug5s_. 1931 A- O Unif & ref gold 4s 1929 J - J Riv A Gulf Div 1st g 4s '33 M- ■N VerdigrisVIAW 1st g 5s. 1926 M- S Mobile & Birm. See South Ry. • ■ Montgom Div 1st g J - D Q - J 1938 M- S •A 5s. .1947 F - St Louis Division 5s 1927 J - J - 95% Feb. 19 37 40 40 44 71 75 80 38% 39% 38 39 73% 76 73 75% 67% May 36% May 42 May 40 May 69 May 38 May 67% May 38% May 45 May 40 May 70 May 39% May 75 67% Apr. 21 9 % J an. 42 May 20 40 May 34 Jan. 55 42 Mar. 11 Mar. 26 15 Jan. 71 Jan. 37% Jan. 44 Mar. 20 69 82% Jan. 8 Apr. 8 91 Apr. 86% May 14 85 May 26 May 4 26% May 21 27% May 20 55 May 26 27% May 18 27% May 20 53 May 26% May 21 27% May 20 32 32% May 21 35% May 23% May 27 24 May 18 25% May 14 24% May 13 32% May 21 35 Apr. 6 23% May 27 39% Jan. 37 Feb. 28 Feb. 26 Feb. 23 Feb. 91 28 43% Mar. 20 May 28 May 3 70% May 19 91 May 3 91 Sale 13 18 20 4 20 13 75 70% May 19 8 91 68 68 ..... 88% 59% Sale 33% 120,000 36,000 3,000 31 29 33 37.660 37 40 32 88% 86% 94 ..... 7,000 20,000 54 88 85 53% Sale 27% 29 Sale 28 29 27% 31 25 May 26 92% Mar. 20 35% 25 29 25 27% 35 36% 25 29% 25 26 19% 30 26 ..... 51 48 3,000 "i" "5,666 52% 36 37% "5",000 60 80% 84% 82 87 97 ..... " Y.666 18,000 52,000 45,000 18,000 92% 76 95 Sale 71% Sale 1,000 100% 102% 95% 59% "2",000 ----- 76% "73" 51 38% 35 37% 46 49 60% Jan. 33 34% 78 79 81 87% 82% Sale 51 % 96% 60 71 81% ..... 78 24 Feb. 10 23 Feb. 27 63 37% May 14 20 May 28 20 May 28 May 26 79% May 15 51% May 21 96% May 4 87 May May 35 Mar. 3 38 50 Apr. 28 50 20 May 28 20 86% 97% 79 79% 84 82 53% May 29 98 Apr. 1 May 26 79% May 15 51 Apr. 30 96% Apr. 9 84 May 27 65 58 65 62% May 13 62% May 13 62%"May 80 71 77 72 May 18 72 May 18 72 85% 75% 85% 84% 81 34% 80 May 21 82 May 14 66% May 24 63% May 4 80 May 20 69 May 11 64% May 20 84 May 17 66% May 24 63% May 4 80 Apr. 28 99 65% 63% Sale 67 97 92% 99% May 3 99% May 3 56 52% May 15 52% May 15 65% 75 78 70% 78 77% 68 70 94% 99 77 13 May 18 85% Mar.*! 50 % Sale 92% 52% 55% Mar. 19 Apr. 28 May 28 80 May 21 83% Jan. 23 91% Jan. 28 89% Jan. 21 59 Jan. 7 98 May 27 67% Mar. 19 79% Mar. 4 87 Mar. 2 2 94%'Jan. 3 Jan. Jan. Jan. 3 9 89 68 Sale 79 68 37% May 14 8 27 27 26 27 34% 80% 82 53% Sale 96% 98 89 68 13 Feb. 24 Mar. 1 28 28 82 74% 57 60 55 39 26,000 24% 18% 45 60 77% 90% Sale 88% 58% Sale 97% 100 85% 4 48 74 22,000 19,000 582,000 7 34 40 40 53 29 20 25 • D J 95 19 75 ' Mobile & Ohio new g 6s—1927 1st extension g 6s__July 1927 Mar. 24 Jan. 45 91 Mar. 24 95 94 45 95 15 94 73 66 Sale J Trust Co ctfs of 70 64% 37% Sale Jan. 99% 40 35 45 88 N 1st extension St L A Cairo gu g 4s 1931 Collat trust 4s. See Southern, Is* 30 85 89% 67% 36 67% "43" 15 95 ... 97% 73 38% 97% lst A refund mtge 4s General gold 4s 95 99 J 90% 89 J -D , —_ - Feb. 72 86 24 102% 91 22 68 15 28 29 Apr. 29 Apr. 52% May 76yi Jan. 75% Mar. 76 Jan. 7 10 95% Jan. 5 Jan. 21 59 77% Mar. 19 78 Apr. 6 74% Jan. 15 u BONDS—STOCK EXCHANGE RECORD Int. BONDS N Y STOCK EXCHANGE Sales in Price about Per¬ May Jan. 2 iod. Par Value 1920. Bid. PRICES May 3. A 8k. May 29. J Ask. Bid. Bid. Morgan's LaAT. SeeSoPacCo Morris A Essex. See D L A W Kjashv Cbatt A St L 1st 5s 1928 A - 0 J - J J A J - J - O J - O ^ Jasper Brch 1st gold 68.1923 Nash Flor A Shef. See Lou A N Nat Rys Mex pr lien 4%s_1957 Guaranteed general 4s__1977 Nat of Mex pr fien g 4H8..1926 let consol gold 4s 1951 A N H A Derby. SmNYNH AH N J Junc'n RR. 96% 10,000 97 % 104% 24 23 % % ..... 93% 89% 93% 99 90 99 20 1, Lowest. Highest. Sale Prices. Sale Prices. Sale Prices. 21 20% JAN. Sale Prices. 2Si 90 May 3 21 40 20% SINCE Lowest. 89% May Sale 21 RANGE Highest. May 21 May 3 89% May 28 17% Feb. 17 20 Jan. 6 15 Jan. 20 97% Mar. 13 30 Mar. 29 23% Jan. 2t 15 Jan. 20 Jan. Jan. 9 7 .... 20 See N Y Cent Newp't A Cln B'ge. SeeLou AN New Orleans Term 1st 4s. .1953 N O Tex A Mex 1st SerA 6s 1925 Non-cum Income ser A 5sl935 N Y B A Man Beach. See L Isl If Y Cent RR conv deb 6s. 1935 Consol Series A 4s 1998 Ref A 16,000 1\N MAY. J Ask. Mohawk A Mai. SeeNYCAH Montana Cent. See St P M A M [VOL. 110. Impt 4%s A J - J J - D 23,000 11,000 95 96 A - O 103.000 52% 54 M-N 843.0001 91% Sale 62% Sale F - A 82,000; 71 Sale 2013 A - O 39,000, 79 Sale H Y Central A Hudson River— Gold mortgage 3%s 1997 J - J Registered 1997 J - J Debenture gold 4S.....1934 Hl-N 121,000 5,000, 55,000 Registered 1934! M-N 80-year debenture 4s... 1942 J - J 68% Sale 66% 60% 61 ...I. 91 Sale 88 Sale 64 61 58 92 48 90% May 26 46% May 3 61%! May 12 90% May 26 49% May 10 58 May 21 90% May 26 46% May 3 65 96 86% May 21 64% May 15 69% May 20 88% May 4 67% May 29 71% May 4 86% May 21 64% May 15 69% May 20 93% Jan. 72% Apr. 79 Jan. 2 62 64 61 62 70 Jan. 10 87% Sale 66% 67% 65 67% 70% Sale 71 72 64% 67 72 73 64 .... Sale 82 ..... 60% 90% 47% 47% Sale May 20 61 May 18 69% May 3 69 69% Sale 75 88 57 55 May 21 May 3 May 18 71% May 27 69 May May Apr. 76% Mar. 61 69 20 18 30 23 59% Feb. 25 12 14 64% Apr. 22 82% Jan. 2 76% Mar. 23 ""1 Lake Shore coll g 3%s..l998 F Registered 1998 F Mich Cent coll g 3%s_..1998)F Registered 1998; F Beech Creek 1st gu 4s.. 1936' J - Registered 2d guar gold 5s Registered BchCr 1936 J 1936 J 45,000 3,000 A 14,000 - '81"" "83 J J 88% J 0 N J June R gu 1st 4s... 1986 F - A N Y A Harlem g 3%s„._2000 M-N ~ - Rutland 1st cons g 4%s_1941 J Og A L Ch 1st gu g 4s. 1948 J Rutl-Can 1st gu g 4S..1949 J St LawT A Adlr 1st g 5s. 1996 2d gold 6s ....1996 Utlca A B1 RIv gu g 4s.. 1922 Lake ShAMSg 3%s_.1997 Registered. 1997 Debenture gold Registered 4s J - J - J - J - J - J -D 3,000 4s...1928 M- S 1931 M-N 1931 M-N 6s 60 72% 103% 9,000 97% 76%::::: 7o"~ in; 54 55 May 5 52% May 26 May 20 54 1934 J 1931 Q 1940 J - 4s 77 M - J 20-year debenture 4s. 1929 A-O N Y Chic A St L 1st g 4s. 1937 A-O ... ... 61 66 64 64 Registered 2361 NYC Lines equip 5s... 1919 Equip tr 4%s Ser K..1920 N Y Connect 1st gu 4 %s A. 1953 N Y A Greenwood L. See Erie N Y A Ear. See N Y C A H R N Y Lack A West. See D L A W N Y L Erie A West. See Erie N Y A Long Bch. See Cent N __ J i New Haven A Hartford— Non-conv debenture 3%s '54 Non-conv debenture 4s. 1955 Non-conv debenture 4s. 1956 Convertible deben 3%s 1956 Convertible deben 6s... 1948 Consol Ry non-conv 48..1930 J - J M- N J - J F - A - 2,000 J - A F 1st 4s. 1955 F - S X Spy & Bos N Y W 4s. . Providence Term J - J J - J 94% 60 76 85 93% 69% 95% 73% 68 71 90 iHv 1st A gen g 4s 21 92% Jan. ... 95 May 15 95 May 15 95 20 May 15 92% Jan. 20 50 .» M. — - 4* - 78 97% Mar. 27 60 — - mm 52" "May" 17 "52" "May" 17 52 May 17 52 May 17 53 Feb. 60 Feb. 4 25 76 69 ..... 71% 65 May28j65 May~28 93% Jan. 8 65 May 28 69 Jan. May 20 7 93% Jan. 8 70 Jan. 20 69 Jan. 7 87% Jan. 12 76% Sale"" 75 May 21 77% May 6 74% Apr. 30 84% Jan. 5 93% May 6 93% May 6 93% May 6 85 1,000 93% 93% 102% 101 94% 1,000 12,000 11,000 13,000 140,000 10,000 5,000 178,000 90% 76% 70% 82 73 75 79% 80% ..... 93% May 68 75 80% "66% 73% 62% 76 71 75 76 70% 72 64 67% 64 67 70 68 Sale 67% 69 65 69 77% 78% 68 70 68% Sale 45 47% 45 47 46 46% 48% 67% Sale 66 45 38 69 51 42 4S 42 52 45 38 41 70 68% Sale 61% 54 34",000 60 75 60 56 Mill "60% 40,000 52 4,000 104 29 ..... 75 .... 67% 57 50 68% May 28 102' 25,000 75% Sale 74% 55 106% 71% 79 97% 78 74% Jan. 5 71% Jan. -7 79 50 Jan. 3 Mar. 12 47% May 28 58 Jan. 37 39% May 34% Jan. 2 44 Feb. 24 21 40 Mar. "10 May 25 6 32 55% May 4 56 50 May 7 54 77 103 102% May May 21 5 102% May 19 17 18 27 20 55 Mar. 12 55 Mar. 10 50 Mar. 19 76% Mar. 20 19 96 72 52% May 20 61% Mar. 9 60 Apr. 1 60 1 49 Feb. 13 77% Apr. 14 103 72% 75% Sale 75 94% 74 Feb. 5 102% May Feb. Apr. 56% Mar. 20 77% Apr. 14 12 5 104% Apr. 24 103 Feb. 24 72% Sale 67% May 20 73% May 28 67% May 20 80 Jan. 2 71% 70% May 21 73 70% May 21 75% Apr. 30 78% Jan. 77% Jan. 6 31 75 76 94% May 19 72% May 7 97% May 4 73 May 25 76% 74 May 5 ..... 90 79% 10 52% May 20 65 52% May 20 98 68% Sale 70% 96% 361,000, 104% Sale 7 Jan. 75 47% May 28 32 52 98 98 78% Sale May 28 8 44% Feb. 44% Feb. 45 May 32 May 65 May 101% 24~I~,666 68% Jan. 81% Jan. May 11 39% May 18 69% May 7 46 38 54 49% 75% 53,000 5 May 20. 64% May 13 64% Apr. 17 64 May 20 66% Mar. 8 70% Mar. 13 81 .... 69% 39% Sale 66" Sale 103% 65 4! Mar. 8 Feb. 16 May 18 May 26 May 18 May 27 May 20 45 64 67% 59% *68% "May"28 67% May 68% May 66% 65% 74% 67% ..... 60 29,000 64% May 13 65% May 20 64 May 20 60% May 6 May 12! 71% May 271 75 65 47 80 80% 35% Sale 66% May 6 74% May 18 67% May 26 45 47% 65 72% 57 38 67% 46 62 63% 6 99% 95% 80% 68% Sale 73% 74% 71 71% 32,000 4s.._1932,J -D 1932^M- S Jan. May 19 "75% "77% 4s Northern Ohio. See L Erie A W| 64 83% Sale J 1989 M- N '75% 135,000 Convertible 4%s g 4s. May 19 76 J 1938 M- S lo-year convertible 6s. 1929! Foe* C A C joint is 1941 J - D Col Con A T 1st gu g 5s. 1922 J - J Bcio V A N E 1st gu 21 64 3 38 J 75% Jan. 80% May Sale - May 19 May 20 33 1944| J 64 80 91% 71% 39 N Y A Rock Beach. See Long Isl N Y Susq A Western. See Erie Norf Sou 1st A ref A 5s... 1961 F-A Norfolk A South 1st g 5s_. 1941 M-N Norfolk A West gen g 6s..19311 M-N Improvem't A ext g 6s..l934| F-A No w River 1st gold 6s 1932 A - O Nor A W Ry 1st con g 4s.1996 A - O Registered 1996! A - O conv 97% 34% Sale - May 19 71 80 1st 4s. 1956 M- S conv 03 M- 8 N Y A Northern. See N Y Cent N Y Ont A W 1st g 4s June 1992 M- S Reg $5,000 only...June 1992 M- S Qeneral 4s 1955 J -D N Y A Putnam. See N Y C A H 15 76 1942 A-O ches A B 1st 4%s 1940 New Eng RR cons 4s... 1945 Providence Sec deb 4S..1957 Prov A Sprlngf 1st 5S..1922 82}^ Jan. 79% A Cent N E 1st guar 4s... 1961 J - J Housaton RR con g 5S..1937 M- N 9 79% 2,000 J - 8 82% Jan. 80% Sale 5,000 - 7 86% Sale J J 9 Jan. 61% Jan. 199", 000 M-N J Jan. 60 85 Non-conv deben 4s... 1956 J - J Harlem R A Pt Ches 1st 4s'54 M-N E & NY Air Line 98% 55 A-O J 62 m 71 1937 A-O 4s. 1931 M-N West Shore 1st 4s guar..2361 J - J Apr. 27 52% May 26 May 20 54 73% "75% '71% inn ... 75 82% 55 50% 73 73% ¥,666; J - Jack LAS gold 3%s__1951 M- S 1st gold 3%s 1952 M-N Registered 25-year debenture 56% May 22 52% May 25 55 May 10 ... 73 1931 M- S Registered 10-25-year 10 20-year 74% 55"" "57 ..... 1928 M- S Michigan Central 5s -t 74% 58% 92 J -D Kal A A G R 1st gu c 5s. 1938 J - J Mahon Coal RR 1st 5S..1934 J - J Pitts A L E—2d g 5s. Jan 1928 A-O Pitts McK A Y 1st gu 6s 1932 J - J N 75% 68% J Registered guar 75 91 A-O J 25-year gold 4s 2d 57 2000!M-N N Y A North 1st g 5s...1928; A - O NYAPut 1st con gu g 4S.1993 A - O Pine Creek reg guar 6s. .1932 J - D EWAO con 1st 5s. July 1922 A-O ~ III*. 54% 1981;J - L Gouv A O lstgu g5s...l942 J -D Moh A Mai 1st gu g 4s.. 19911M- S Registered 56% Sale 56% 56% ..... J - - 60% Sale 70% 60% 61% ..... A - 1936;J g3%sFeb '51 A 1st gu Cart A Ad 1st gu g 4s... ex A A 97% Sale 73% 75 94% 65% 72 Mar. 12 Mar. 94% May 19 104% Jan. 80 Jan. 72% May 7 98% Jan. 14 98% Jan. 73 77 Jan. Apr. 17 8r .5 28 14 16 V STOCK Sales in Price about Per¬ May Jan. 2 iod. Par Value 1920. Int. BONDS M EXCHANGE Bid. S North Pacific—Prior 4s 1997 Registered 1997 ^General Hen gold 3s.Jan 2047 Registered Jan 2047 Ref & imp 424a aer A...2047 -St Paul-Dul Dlr g 4s 1996 Registered 1996 CB4Q coll tr 4s. See Gt Nor St P & No Pac gen g 6S..1923 Registered certificates 1923 Q Q Q Q 55 J gold 4s X 70 J Bid. 80 3. 71 24 71 SO Prices 7124 69 May 24 SINCE Lowest. Sale Prices May 20 6734 May 18 4934 May 12 Sale 71 70.34 RANGE Highest. 69 7324 Sale 70 X 6834 Sale s53 7034 Sale Ask. Ask. Bid. MAY. Lowest. May 20. , 7024 Sale I 66 69 H 51 56 *8024 "82" 6,000 JAN. 1. Highest. Sale Priest, Sale Prices. 73% May 29 6724 May 18 54 May 29, 69 May 20 6734 May is! 4924 May 12 8024 Jan. 3 6724 May 18 5 6 24 Jan. 5 71 69 8124 Jan. May 7 May 24 6 80 J F- 100H 10034 99 24 100 24 90 1968 Wash Cent Ry 1st g 4s_.1948 -Nor P Ter Co 1st g 6s Ask 10,000 256,000 PRICES IN May Sale 80 573,000 'St Paul & Duluth 1st 5S.1931 1st consol 35 BONDS—STOCK EXCHANGE RECORD June, 1920.] 6824 85 65 60 66 60 1,000 10724 1933 9634 100 9534 09 93 9434 100 93 ... 96 67 60 108 103 9834 Apr. 28 10234 Mar. 20 10024 Jan. 8 10034 Jan. 8 68 60 — 108 10324 May 20 103J4 May 20 10324 May~20 "Mar. 108 20 'North Wiscon. See C St PM&O jf\gd & L Champ. See Rutland ^hlo Ind & W. See CCC&StL See Sou Pac Co Oregon & Cal. Ore RR & Nav. See Union Pac Oregon-Wash 1st A; ref 48.1961 J Oswego & Rome. See N Y Cent Pacific Coast Co 1stSee g 5s. aclflc of Missouri. Mo1946 Pac J - J -D Consol 4243 General 424s. 1943 M1948 M1960 F 1965 J - General 5s. 1968 J - ..... Series D 324s--- 1950 F B 1940 J 1940 J 65 0934 67 7434 6934 May 19 6934 May 19 7024 7824 9334 9334 May 24 9324 May 24 SIX 9324 78 79 "19,665 8424 Sale 79 Sale 32,000 92 Sale 84 460,000 84 Sale 7Sale 574,000 91H Sale X 82 4,434,000 '7534 83 1,000 ----- 78 7834 Sale 85 % 7524; Sale 8324 Sale Sale 10234 Safe "7834 7224 7834 - A J - J - 9724 9724 7124 7124 97M 96 70 75 75 8124 7924 8234 83 24 9124 91 24 70K 70 24 7324 8324 82 .... 8524 9724 7734 79 60 68 642^ 7834 7534 87 .... 69 67 ..... 69 67 77 - 5 6924 May 19 24 9324 May 24 9334 May 8134 Apr. 7834 May 83 May 73 May 82 Apr. 101 May 7834 Apr. 7 29 15 21 30 8334 8624 92 24 8434 9324 3 103 Jan. 16 Jan. 13 Jan. fl Jan. 0 Jan. 3 May 28 29 82 Mar. 24 83 Feb. 20 8234 Jan. 29 83 Feb. 26 78 May 3 9534 9534 69 24 0924 7334 Apr. Apr. Mar. Feb. Jan. 14 80 Feb." 18 80 7124 9734 7724 88 9724 8224 80 PCCAStL gu g 424sSerA 1940 A - O Series B guar 1942 A - O Series C guar 1942 M- N 89 91 80 79 83 80 S2% 8224 79 80 1945 M- N - A J -D M- N H cons 4s gu 1960 F - A I cons 424s gu__1963 F - A A P cons g 5S...1932 A - O A At. See LouANash 1,000 88 24 8834 91 1,000 82 87 74 82 7224 82 8334 8434 7334 7324 7234 7234 7534 ::::: "92" 5,000 1,000 8724 8924 100 24 U 83 24 Feb. Apr. Mar. Jan. Jan. 2 12 12 22 22 Janl~20 7734 Apr. 1 81 Jan. 14 Feb. 2 80 Feb. 9 68 Mar. 26 75 Apr. 1 8024 Mar." 10 90 100 X 97 Jan. 22 90 Feb. 3 80 Apr. 14 34 May 21 8224 Apr. 13 84 Feb. 4 8224 Apr. 13 76 8834 Jan. * 99 Feb. 21 80 80 May 5 80 May 5 89 7224 May 21 90 76 10024 97 May 25 May 20 Apr. Apr. Apr. 80 80 78 4s guar Series E3Hs guar g__1949 F Series F cons 4sgug.. 1953 Series G cons 4s guar .1957 9734 9534 6924 7134 7334 80 '7634 Ap~r"." 19 79 1942 M- S - - 12 19 22 79 79 ----- 12 - 75 7234 May 21 76 97 May 25 May 20 14 14 14 72 May 25 May 20 97 See C C C A St L Peor A Pek Union 1st g 6s. 1921 Q - F Second gold 424a Feb 1921 M-N 8,000 Philippine Ry 1st 30-yr s f 4s '37 J 90 98 87 Safe" 80 80 58,000 Fere Marq—1st ser A 5S..1956 1st ser B 4s 1956 Pine Creek. 9624 May 12 Jan. 6934 May 19 80 92 PcorAEast. 7 3 72 24 80 8234 8224 2 9124 jPensacola 9624 May May May 22 '7634 "84 24 8824 Series 78 I 8924 Series 3 '76" 70 87 83 79 iiiii "70"" ..... 9724 9524 5834 5834 5834 ..... 88 Ch St L May 4 85 May 6 7624-May 6 8424 May 12 103 May 2S 62 8134 9624 J J Series D 3 May 78 92 1933 J May 82 78 Sale 8124 8124 22,000 424a. 1941 J - J Ohio Connect 1st gu 4s__1943 M- S Pitts Y A Ash 1st con 58.1927 M- N Series B 424a Series C 4s 65 79 7834 May 83 May 73 May 82 May 101 May 85 83 May 22 78 1st gu g TolWVAO 1st gu 4^3 A 1931 J 62 "78" 82 24 82 H Sale Sale "83K 'mi Clev A Mar 1st gu 434a. 1935!M-N Clev A Pitts gug 43^s A. 1942 J - J Series B 424s 1942 A-O Int reduced to 3^%.1942 A - O Series C 324a J-..1948 M- N ex 34 g Erie A P gen gu g 324s Series C 65 93 CaonsylvanlaCo—gu424a_1921 J - J Registered 1921 J - J Gu 3>$s coll tr reg ctfs.,1937 M- S Gu 324s coll tr ctfs B...1941 F - A Gu g 324s tr ctfs Ser C__1942 J - D Gu g 324s tr ctfs Ser D__ 1944 J -D Guar gold 15-25-year 4s_1931|A - O 40-yr gu tr ctfs 4s Ser E.1952' M-N On LAN lstcongug 4s_1942;M-N Gr RAI 81 2,000 1930, A4s...1942;MDel RivRRBdg 1st gu g 4s '36; F Phila Bait A W 1st g 4s. 1943 MSod Bay A So 1st g 5S..1924 J Sunbury A Lewis 1st g 4s 193C J UNJRR A Can Co gen 4sl944 M 10-yr secured 7s Alleg Val gen gu 75 1,000, Pa.jucah A Ills Istsf 4248-1955 J Penn RR 1st 4s real est g__1923 MConsol gold 4s Consol gold 4s Sale 72 76,000( 7924 Sale 79 70 34 Sale 64 60 40 - J 4324 - - O J 9724 9524 .... - J 376,000 81 Sale - J 2,000 45,000 7924 6624 75 34 May 25 5934 May 25 80 May 64 May 8724 Jan. 9 7124 Jan. 3 26, 42 Apr. 15 7534 May 25 59J4 May 25 45 40 44 40 96 8734 7624 95 93 76 7 7 24 7534 May 79 77 Feb. 34 Apr. See N Y Central See Penn Co Pitts C C A St L See Bait A O See Bait A O Pittsb Clev A Tol. Pitts Junction. See N Y Cent See N Y Cent Pitts A Lake E. Pitts McK A Y. Pittsb Shen A L E 1st g 58.1940 A Fist couso! gold 5b 1943 J 98 8 93 24 Apr. 8 See Penn Co Pitts Y A Ashtab. treading Co gen gold 4s.. 1997 J " Registered 1997 J Jersey Central coll g 4s. .1951 A Atl City 1st coil gu g 43.1951 J - O - J Sag Tosc A H. SeegPere Marq t Jos A Gr Isl 1st 4s—1947 - J 1,000 - J J 551,000 58 Sale 220,000 70 Sale 1955 A - O 1960 Oct 6s.. 1931 J - J 620,000 J 7934 57 % "81" 60 7534 Sale 8634 ..... 24 3 78 76 88 82 62 5524 55 5434 Sale 65 24 Sale 8324 Sale 5234 May 3 6334 May .4 81 May 20, 5634 May 3 4334 May 3 May 10 8334 May 6 8024 May 11 8034 May 13 7734 May 12 8634 May 4 71 72 Apr. 21 May 10 Apr. 22 8234 Apr. 27 78% Jan. 20 89 Apr. 29 55 55 May 11 60 May 11 77 Feb. 21 See N Y Cent St L A Cairo. See Mobile A Ohio Bt L Iron Mt A So. See Mo Pac St Law A Adir. BtLMBr. SeeTerRRAssnofStL S* Louis A San Fran (Reorg Co) Prior lien 4s ser A ...1950 J 1950 J Prior lien 6s series C—1928 Prior lien 5s ser B Cum adj ser A 6s Income ser A 6s •St L A San Fr—Gen g - 131,000 General gold 5s 1931 J St L A S F RR cons g 4s. 19961J South West Dlv g 5s... 1947 A - 102 91 J J O K C Ft S A M con g 6s__1928 M-N K C Ft S A M Ry ref g 4sl936 A - O KCAM RAB 1st gu g 5s. 1929 A - O •flt Louis South. See 111 Central St Louis Southw—1st g 48.1989 M- N 2d g 4s Inc bd ctfs..Nov 1889 J - J Consol gold 4s .1932 J - D 1st terml A unlf 5s 1952 J - J Grays Pt Ter 1st gu g 5s. 1947 J - D St Paul A Duluth. 1,814,000! 61X Sale 4534 Sale "94" 5224 Sale 6224 64 8234 Sale 5734 Sale 4234 Sale 9 6 34 9 9 34 8634 95 Sale 6534 Sale 9034 8724 96 59 Sale 9 9 24 88 98 93 60 60 9 6 24 65 93 24 24 May 29 6534 May 29 8334 May 28 62 May 29 48 May 29 40,000 6134 Sale 6224 5024 Sale 61 5724 40 22,666 51 55 Sale 54 52 30 Apr. 24 Apr. Apr. 30 5634 Apr. 28 62 81 3934 Feb. 9634 Apr. 91 Jan. 24 6 60 " May 7, 5 Apr. 26 5634 May 25 Jan, 31 86 61 40 24 60 6224 5 4 34 55 May 24 6134 May 3 5324 5134 Sale 5034 May 3 49 May 17 53 54 May 28 May 5 5924 5734 May 3 60 May 24 5734 May 27 4934 May 26 32 May 21 40 May 20 59 60 5934 Jan. 5 7134 Jan. 3 8734 Mar. 19 66 Mar. 20 5024 Mar. 12 30 102 97 5634 May 25 84 6124 Sale 140,000 Sale 24 8324 6024 64 58,000 62 48 55 Jan. 9234 Mar. 8 8 Jan. Jan. 14 8 8734 Jan. 10 100 70 19 50 Apr. 30 5634 Mar. 30 6424 Feb. 39X Apr. 4824 Feb. May 59 49 an. Jan. 0 See No Pac St P Min A Man. Sec Gt North St Paul A Nor Pac. See No Pac St PA Sioux C. SeeCStPMAO B A A A P 1st guar g 4s...1943 J Scioto Val A NE. See Nor AW, O O A - O 4s_May'33 M- S 1950. A - 1950 A - Oct 1949F ..1959 A - Seaboard Air Line g 4s Stamped Adjustment 5s Refunding 4s Atl-Blr 30-yr 1st g Caro Cent 1st J cons e 4s. 1949 J - J 18,000 5624 Sale 2,000 24,000 59 34 201,000, 71,000 "Y.OOO \ 5734 Sale 54 59 59 6024 Sale 50 55 5124 Sale 34 Sale 3934 Sale 6324 Sale 44 Sale' ! 7234 35 62 61 34 4124 5234, Sale 4134 60 60 '64* 61 Sale 64 May 29 5334 May 17, 35 May 11; 44 May 3, 55 34 Mar. Feb. 64 May 27 3 18 4934 May 26 30 Feb. 38 Jan. 6134 Jan. I 7234 '64 ~ May 27 54 64 May 6034 Jan 14; 4134 Mar. 2. 30 6034 Mar. 20 61 Jan. 13 49 Jan. 1 14 311 6434 Mar. 23 27 64 May 27 28 BONDS—STOCK EXCHANGE RECORD BONDS N V STOCK Int. Per¬ Sales in Price about May Jan. 2 iod. Par Value 1920. EXCHANOE Seaboard Air Line (Concl.)— Fla Cent & Pen 1st ext 6s_'23 J 1st land grant ext g 5s. 1030 J Consol gold 5s 1943 J Ga & Ala 1st cons Ss.Oct 1945 J Ga Car & Nor 1st gu g 5s 1929 J Seab <fc Roanoke 1st 5S..1926 J fiher Shr & So. Bee MoK&T S Bid. % J 102 - J 104 - J - J - J 80 85 May 29. Ask. Bid. 104 ..... Ask. RANGE Lowest. Sale Prices. SINCE JAN. 1. Highest. Lowest. Highest. Sale Prices. Sale Pricee. Sale Prices. 104 7934 —74*4 8234 8434 Jan. 80 30 81% Mar. 8 ..... mil "92" J - PRICES IN MAY. May 3. Ask. Bid. - [VOL. 110. 95*4 ..... 80 90 83 90 85% 8834 86*4 Mar. 4 88*4 Jan. 14 ..... r HSp 0 & G. See Atl Coast L Sou Caro & Ga. See Southern Southern Pacific Co¬ ds g Cent Pac coll__Aug 1949 J D 129,000 Convertible 4s June 1929 M- S Convertible 5s 1934 J -D Cent Pac 1st ref gu g 4s. 1949 F-A 71*4 Sale 524,000 81 - Registered Mtg gu g 3Hs—Aug 1929 J - D Through St L 1st gu g 4s_ '54 A- O 1949 F A - 19",666 81V9 71% 8,000 "9234 84 , Atl A Char A L 1st A 4*4s '44 1st 30-yr 5s Ser B 1944 Atl A Danv 1st g 4s 1948 Second 4s 1948 Atlan A Yad 1st gu g 4s. 1949 E T Va A Ga div g 5s__1930 Cons 1st gold 5s 1956 J "¥,666 1,000 - 91% 91% M-N 92 J 95 J - J 99 - J 98*4 99% 94% 97 93*4 94 34 94% 90 34 95% 72% Sale 87",606 M-N J - J A-O ¥5", 000 Jr J - J J - J 299,000 A-O 350,000; M- S 27,000 78% Sale 87*4 Sale 95 88 93 97 94 98*4 64% 7034 Sale 7834 Sale 39",666j J "Y.666 A-O J 63 "3",600 - 91*4 51 100% 97 99% 88% 97 "Y,66o J 66 A-O 92% 102 61 M- S 9534 91 % 100 9034 91% 93 82% 86 M- S M- S M-N - "Y.666 - 1,000 A-O Ye",65o Mch J - 80 ..... J J 6034 87 7634 80 81 77 81 64 60 8034 34 77 ..... 76 J 4,000 84 3 70 Jan. 16 87 Mar. 2 "82" ""May" 18 84 4 8534 Jan. 7 93*4 Jan. 7 94 Apr. 26 85 Mar. 31 99 Mar. 22 98*4 Jan. 5 91*4 Apr. 14 85 J4 May 14 96 Apr. 9 9334 Apr. 8 93*4 Jan. 28 96 Apr. 9 63*4 May 8 73*4 Feb. 2 79*4 Jan. 87 34 J an. 61*4 Jan. 5 3 3 58 Jan. 80 Feb. 27 90 Mar. 20 May 15 62 Apr. 22 80*4 Jan. 17 88*4 Mar. 25 6034 Apr. 21 9234 Apr. 5 91 Apr. 21 68 77 53 50 4 Apr. 12 8034 Apr. 30 20 67*4 Jan. 9934 Jan. 96 "80 34 May" 18 "8034 May" 18 22 Feb. Jan. 12 20 100 19 9734 Apr. 10 80*4 May 18 8034 May 18 60 Feb. 17 —..— 60 Feb. 95 Jan. 7 95 Jan." 89*4 Mar. 6 80 May 10 90 Mar. 24 80 May 10 70 Mar. 17 "9Q34 mil 8134 79*4 82 80 May 10 80 May" 10 60 85 34 80 85 82 7434 80 6334 8334 7934 63 64 8034 May 13 8034 May 13 60 Jan. 80 Mar. 12 26 83 7834 8334 87 Apr. 22 Apr. 14 82*4 Apr. 21 75*4 Apr. 22 52*4 Feb. 13 66 81 77 7634 7734 64% 73 96% 83 J 50 2,000 7,000 74 41 76 May 79 1947 J - 1927 J - J - May 6 J J F-A - J J-D J - J 1933 J - J 203",600 75 17 7 8234 Mar. 25 8534 Mar. 5 73*4 Jan. 3 85 Mar. 11 85 Jan. 15 55 Apr. 15 8134 68*4 Sale ,9734 Sale 71 9834 86*4 Sale 76 9134 Second gold 5s 1939 F-A Debentui .Series B 6s..1939 J - J 91 83*4 Sale 5,000 82% 83 73 98% 86 68 82 85*4 Feb. 27 74 34 May 21 96 Sale 75 70% 84 80 89 86 65 71J4 74J4 g 4s... 1952 A-O ~86~,656 West N Y A Pa 1st g 5s... 1937 J - J General gold 4s___ 1943 A-O Income 5s. 1943 Nov Western Pacific 1st 5s A.. 1946 Wheel A L Erie—1st p- 5s iQ2fl A-O 2,000 12,000 '50 6634 75 Sale 95 90 50 59 urn ~69~~ 49 Sale 8434 5934 65 25 lOO", 660 . 79*4 May 5 81*4 May 72 May 98*4 May 70 May 97 34 May 82 34 May 7934 May 89 May 29 28 8 7 14 18 28 ; 15 Apr. 16 7814 66*4 96 34 66% 9734 May If May 20 May 2! 74*4 May 21 May 21 May May 74% May 8314 May 82 14 26 12 19 78J4 May 66 Apr. 9634 May 66 34 May 9734 May 82 May Feb. 85*4 Jan. 19 88*4 30 81 21 103 21 81 14 101 26 93 Jan. 25 5 3 Jan. 5 Jan. 5 Jan. 6 Jan. 26 Jan. 5 7434 May 12 85 Jan. 7 8834 May 19 92*4 Jan. 2 72*4 May 21 75 79 8334 May 3 73 May 15 73 May 22 May 20 May 3 72*4 May 21 85*4 Jan. 6 79 91 Jan. 3 83 Jan. 5 73 May 22 May 20 34 6834 88 88*4 Jan. 9 88*4 Mar. 3 7534 51 34 62*4 6934 50 56 66 51 Apr. 22 69 Apr. 5534 Mar. 25 6 72 Jan. May 21 81 May 25 5334 May 7 53 Mar. 26 19 _____ Sale 8134 5434 83 22 26 60 82% Sale 7734 7834 Sale 91*4 94 9334 85 95 95 J A 8234 Sale 7334 75 7534 92 63 Sale 75 6834 88 75K A 48 May 21 81 May 25 5334 May 50 May 6 8134 May 26 54 May 15 48 76% May 20 SO 76*4 May 20 9034 Apr. 5 May 21 91 92 Jan. 7 63 Jan. 22 88 Jan. 27 92 34 Jan. 7 May 19 ' Feb. 3 53 Feb. 21 56 Mar. Apr. 19 May 25 Mar. 2 62*4 Apr. 89 81*4 "¥,666 50 Sale 48 S 64 63 50 53 50 J 66J4 66% 68% 76% 76% 60 63 59 62*4 67J4 6334 4534 Sale 5134 34 6 9 34 61*4 62 70 6334 J SupADu? Div A Ter 1st 4s 1936 M-N . 84*4 81*4 75 9534 88% F-A S 7934 72 1 1st lien 50-yr g term 4s_1954 J - J Det A Ob Ex 1st g 5s 1941 J - J Des Moines Div 1st g 4S.1939 J - J Omaha Div iBt g 334s__1941 A-O Tol A Chic Div 1st g 48.1941 M- S Exten A impt gold 5s... 1930 F Refunding 4Hs Ser A... 1966 MWh ALE RR 1st con g 4s. 1949 MWinston-Salem 8 B 1st 48.1960 J Wiscon Cent 1st gen g 4s_.1949'J - 64% Apr. 29 May 20 ■ 13 » f g 5s... 1921 M- S - May 22 82 8134 Sale 7134 72 97*4 Sale 7Q34 72 81*4 7834 8734 7934 7534 May 28 4734 Mar. 11 May 20 . 42*4 Feb. 80 81 8234 Mar. 22 82 65 ..... 74 85 Sale 203,000 80 Sale 174,000 102 Sale 20,000 78% Sale 1,000 100 34 Sale 3,000 93 94% 121,000 8434 Sale 6,000 92*4 Sale 75 34 May 28 4634 May 17 65 78 7 7534 May 28 May 10 May 22 58 34 Sale "68"" May" 19 "68" "May" 19 16 1 65 60 53 79 68 8434 Jan. 21 8034 Feb. 2 82 Feb. 4 May 19 1 73 Apr. 6 Jan. 65 70 ..... 83*4 Mar. 25 7734 Apr. 20 70 46 8534 85 7 '4.—— 4734 3434 1234 1 82 90% 1st g 5s. .1928'J 46*4 85% 84% Sale 84% 88% Sale 34 May 31 77% 7 83 ...... 89 25 6434 19 64,000 - 70 71% 1939 M-N .1945. F 60 76 4534 7 69 66 ..... 4~4~4",666 J J -D J 5,000 42% 83% May 81*4 46*4 3434 1234 65 ..... "Y,666 ..... 35 Safe 62 __—. 75 84% Wheeling Div 3 82*4 Jan. ..... 74 191,000 Maryland 1st 95J4 85 81*4 8834 64*4 87% "Kiooo ' - g 4s... 1955 F-A Consol 4s, Series B..1957 M-N Vera Cruz A P 1st gu g 4*4sl934 J - J Virginian 1st 5s Series A 1962 M-N West 66 96 83 34 61 1917J 1945 50 8734 7 9 34 87% 87 t/andalia consol v ~ 97 75 86 3Uh 3 Jan. 80.34 i 83% gu 6 Jan. 18 21 21 26 98 97 34 80 First A refund 4s_.June 2008 M- S 1st 10 Jan. May May May May May 3 811 May 28 56*4 May 8 5134 May 15 May 15 9 91 60 69 con g 5s. 1928 J -D First refund gold 4S..1952 A- O Union Pac RR A id gr g 4s. 1947 J - J 1st guar 40-year 4s 62 , May 7934 80% - f lister A Del 1st v Wash Term May 15 Mar. 31 91 34 60 50 18 21 21 26 4234 51 95*4 100 63 80 J an. 94 , 92 95 May May May May Jan. May 89 8734 J -D Tor H A B 1st g 4s..July 1946 J-D s 66 8 93 85 91 5234 7834 ..... 4 84*4 May 19 May 4 May 24 84 9534 92*4 100 9034 89% 79*4 82 8134 Mar. 55 60 96 2 May 24 87 50 Mar. 55 95 9434 100 May 20 60*4 May 8 66 8034 "8034 19 73 22 81*4 20 106 22 78 76*4 Feb. 27 82 May 18 55 May 24 5734 A-O Certificates of deposit equip 84*4 May 19 94 May 26 79 59 51 3 8 May May May Apr. F-A Tol St L A W—Pr 1 g 3*4s_1925 J - J Fifty-year gold 4s 1950 A-O CoU tmst 48 g Ser A 1917 F-A 1st Hen 77 53 6234 9334 68 Sale 91 58 81% 84% 85% 90 70% Sale 83*1 91 84% 86 52% 75% J J -D 84*4 May 19 94 May 26 5634 Sale 51*4 53 81 75 F-A J 53*4 85% J A-O Sale 55 47% M-N Kan A M 1st gu g 4s....1990 |A-0 Second 20-year 5s 1927 J - J 6s_ 8l 7034 8234 Sale J - J 64 71 8934 68 50 - J J 77 May May 7034 96 80 86 J - 78 8734 May 87 60 J J - May 20 6034 May 8 77 98*4 100 87*4 93 8734 Sale "85 34 "May" 14 8834 96 80*4 8934 66 68 63*4 May 8 93 69 - J 6134 7334 9434 65*4 99% 82% 77 90% 82*4 J - May 29 77 May 29 99*4 May 6 7034 May 29 9434 91 "¥,606 J J 66 99 80*4 88% J Spokane Internat 1st g 58.1955 J \\/abash 1st %c.«!d ** 88 9-6* 80 - May 19 May 22 May 20 May 4 95 8434 80*4 84*4 8234 8034 J -D J 6134 7334 9434 6534 87 89 74 J Va A S W 1st gu 6s 2003 J - J First cons 50-year 5s_1958 A-O W O A W 1st cy gu 4S..1924 F-A extended 4s 62 % 87% - 94 1st 6134 7634 6834 84 J 80 10-year secured 6s 1928 Ore RR A Nav con g 4s 1946 Ore Short Line 1st g 6s.. 1922 First consol gold 5s__1946 Guar refund gold 4s.. 1929 Utah A Nor gold 5s 1926 65 8034 Sale 100 Registered 20-year conv 4s 6134 78 Sale E Ten reorg Hen g 5s... 1938 M- S Georgia Midland 1st 3s. 1946 A-O Ga Pac Ry 1st g 6s 1922 J - J TolPeorA W 1st gold 4s Sale 60 93 90% g 434s 1939 First cons g 5s .1894-1944 Gen re fs f gold 4s ..1953 St L M Br Ter gu g 5s..1930 Texas A Pacific 1st g 5s...2000 Second gold income 5S..2000 La Div B L 1st g 5s 1931 WMWANWlstguSs 1930 Tol A Ohio Cent—1st g 5s. 1935 Western Div 1st g 6s... 1935 General gold 6s__ 1935 70 56 90 f*er A88n of St L 1st * Sale 83 403",660 J M-N Mortgage gold 4s 1945 R A Danv Deb 6s stpd.1927 Rich A Meek 1st g 4s...1948 Va Mid—Series D, 4-5S.1921 Series E 5s 1926 Series F 5s 1931 Genera] 5s 1936 98 90 - J Sale 78 '92% J Knox A Ohio 1st g 6s... 1925 J Mob A Blrm pr lien g 58.1945 J f 102 85*4 M-N A-O Morgan's La A T 1st 6s. 1920 J - J Nor of Cal gu gold 5s...1938 A-O Ore A Cal 1st gu g 58...1927 So Pac of Cal 1st cons 5s 1937 B P Coast 1st gu g 4s 1937 San Fran Term 1st 4s... 1950 Tex A N O cons g 5s....1943 Bo Pac RR 1st ref gu 48.1955 Southern—1st cons g 5s... 1994 Devel A gen 4s, Ser A.. 1956 Mob A O coll tr g 4s 1938 Mem Div 1st g 5s 1996 St L Div 1st g 4s 1951 Ala Gt Sou 1st cons A 5s 1943 82% 74 99 1933 M-N J Sale 7634 Sale 101 1931 J - J 1924 M-N 1933 H & Tex C 1st g 5s lnt gu 1937 Gen gold 4s, lnt guar.1921 Waco & N W 1st g 68.1930 A & N W 1st gu g 5s 1941 Louisiana West 1st 6S..1921 66 6234 Sale 7534 Sale 9834 Sale 65 % Sale 75 Gal H & San Ant 1st 5s. 1931 M-N 2d guar exten 5s Gila V G A N 1st gu g 5s H E <fc W T 1st g 6s 1st gu g 6s redeem... Sale 842,000 10434 Sale 78 Sale 336,000 30",660 4,000 71% 4. 67 4534 May 29 60*4 May 25 67 May 26 4534 May 29 May io 6734 May 17 64 , 4634 52*4 6234 60*4 6334 5 19 71 Jan. 70 Mar. 12 3 bonds—stock exchange record June, 1920.] 27 IF N Sales in Price about Per¬ May Jan. 2 iod. Par Value 1920. Int. bonds STOCK Y EXCHANGE Bid. Street Railway Bonds Brooklyn Rap Trans g 68—1945 A - O 1st refund conv g 4s -.2002 J - J S-yr secured notes 7s...1921 J - J Trust Co ctfs deposit ... Do stamped .... Bklyn City 1st con 5s '16-'41 J - J Bklyn Q Co& Sgug5s'16-'41 M-N Bklyn Q Co & S 1st 5S..1941 J - J BklynUnEl 1stg4-6S..1950 F-A Stamped guaranteed. 1950 F- A Kings Co El 1st g 4s.... 1949 F - A Stamped guaranteed. 1949 F- A Nassau Elec guar gold 4s 1951 J - J Chicago Rys—1st 6s 1927 F - A Conn Ry & Lt-—1st g 4%s_1951 J - J Stamped guar 4j58-.-u.1951 J - J Det United 1st cons g 4%s_1932 J - J It Smith Lt & Tr 1st g 5S-1936 M- S ..... Hudson A Manhat ser A 5s 1957 F Adjust Income 5s......1957 N Y A Jersey 1st 6s .1932 F Inter-Metroo coll 4%s 1950 A - A - - 33 10,000 88,000 55,000 22,000 A O 23,000 5,000! 6,000 12,000 2,000 15,000 A- O Manila Elec 1st A coll 5s..1953 Met St-~B'y A 7th Av 5s.. 1943 Col A 9th Av 1st gu g 5S. 1993 Lex Av A P F 1st gu g 5s 1993 Met W S Elev Chic 1st 43.1938 Milw El Ry A Lt cons 5S.. 1926 Refunding A 374,066 40,000 Adjustment income 5s. . 40 % Sale 65 67 - A J J - D J - J j J J - - - - - j J J O Trust Co certfs of deposit N Y State Rys 1st cons 4%s '62 M- N '60% ~65~ 24 21% 30 35 38 40 41 35 40% 37 31% Sale Sale 33 —... 49 50 53 32 57 53 60 80 68 Sale 35% Saie 23 80 58 61 58 61 52 54 50% 60 23 23 "57"" 62% Sale 69% ..... 60 65 60% 61% 56 57% Lowest. 21% May 38 May 8 4 37 May 3 32% May 13 24 May May 40 May 35% May 41 Highest. Sale Prices. 30 Mar. 2 24 17 21 20 21% May 8 Apr. 30 36% Apr, 30 31% Feb. 4 „ 38 66 68 58 57 Sale ip 20 70 90 72 17 Sale 16 Sale 16 16 % Sale 15 16 15% Sale 57 Sale Sale 52% Sale 52% 55 Sale 72 90 60 May 61% May 53 May 52 May 23 May 58 May 26 18 18 25 6 20 62% May 4 62% May 3 53 May 3 53 May 3 23 May 6 59% May 11 70 Sale 61 16% Sale 59 Sale Prices. 62% Sale Sale 65 Sale Prices. Apr. 29 Third Ave RR 1st J gold 58.1937 J Tri-Clty Ry A Lt 1st s f 58.1923 A-O J Undergr'd of London 4%s-1938 J - J - 19% 60 May 20 55%~May"20 18% May 20 May~28 61 57% May 20% May 7 7 53% Sale 55 60 May 26 64 Feb. 61 Feb. Feb. Feb. 26 63 j an. 5 60 4 15 Mar. 26 50 26 55 Apr. May 6 May 20 28 58 Jan.i 3 Jan. 28 60 Feb. 10 60 Feb. 60 May 20 69 Jan. 9 68 Feb. Feb. 6 60 Jan. *7 Jan. 9 Jan. 9 13 51 23 54 13 73 90 _16% 13% May 20 13% May 24 50% May 20 51 May 20 51% May 25 17 May 16 May 54% May 55 May 54 May . 3 6 ' 6 3 Apr. 6 13 May 20 13% May 24 48 Feb. A Cine Gas A El 1st A ref 58.1956 A Columbia Gas A El 1st 6S.1927 J J Stamped. - O - J - O - J 7 10 23% Apr. 16 78 Apr. 10 19% Mar. 12 19% Mar. 12 58 Mar. 13 May 20 51% May 25 42% Feb. 2 60 Jan. 9 53 45 45 46% 53 53% 48% 40 46 40 44% Mar. 20 57% Feb. 25 25 40 21 30 30 40 25 39% 21 40 40 ..... 96 75 % — 81% .... Eq Gas L Co N Y con g 5S.1932 M- 8 Bergen Co 5s '49 J -D Havana Elec Ry cons g58.1952 F-A Hudson Co Gas 1st g 5s...1949 M-N Kansas City (Mo) Gas 5s..1922 A-O Kings CoEL&Pg 5s....1937 A-O Purchase money 6s.. 1997 A-O Convertible deo 6s 1925 M- 8 Ed El 111 Bkn 1st con g 4sl939 J - J Lac Gas L Ref A ext 1st 5S1934 A-O 70% ..... 75 3,000 68 71 60% Jan. 42% Feb. 6 2 44 44 Apr. 15 Mar. 15 28 Sale ..... 28 30% 5% Sale 6 7H 50 Sale 81% 80 80 70 73 68 42 Mar. 15 Mar. 8 25 21 24% 5% Sale 50 6 5% 51% 4} 50 j 53% 72 ..... 20 71% 77 Jan. 70" "Feb" 13 75"" Apr.""! 20 May 27 24% May 28 5% May 26 5 May 3 50 May 7 24% May 12 25% May 6 May 5 May 52% May 25 32 Jan. Jan. 20 May 27 24% May 28 5 5 50 Apr, 29 May 3 Jan. 2 M-N 80 33,000 191,000 5,000 4,000 82 Sale 28% Sale 83 Sale 49 91 65 Sale 96% 55 J - Sale 11,000 114,000 8,000 2,000 3,000 2,000 25% 25% 25% 60 75 81 mr-1m mm 81 91 91 50 96% 50 70% 65 5,000 1,000 52 29 25% Sale 26J 23 25* 73 23 79% 87% 40% May 3 21% May 20 75 May 13 87% May 17 8 Mar. 24 64% Jan. 8 Jan. 26 51% Jan. 12 24 33% 22% Sale Sale 23% 21% May 20 May 13 87% May 17 31 40 75 75 88 May 13 May 10 Jan. 67% Apr. 27 47% Apr. 22 St* 22% May 27 23% May 19 63 May 17 25% May 10 26% May 11 23% May 27 63 May 17 25% May 3 "25" ""Mar." 13",660! 1,000 87 82 29,000 86 Sale 62% Sale Mar, 19 Apr. 21 82% Feb. 28 79 Apr. 29 72 81 Feb. 28 71% 80 71 74% May 20 70 Feb. 87% 84% 84% 81% 85% 86 96% 83 84 84% May 24 85 May 6 May 18 84% Maj 17 86 99 May 20 100% May 7 81 Mar. 10 Feb. 21 Feb. 24 79 79 Apr. 22 95% Apr. 19 90 91% May 21 82% May 17 90 95 84 86 84 Sale ..... May 24 99% Sale 97 ::::: 88 94 84% IIIII "90" 78 ..... 84 85 81% May 27 77% May 21 63 81 99 32,000 107,000 1947 M- 8 19,000 90% Sale 80% 81% 88% '88"" "96"" J 59 59% ,75 85 Apr. 28 Mar. 27 87% Mar. 29 May 20 101% Mar. 22 Apr. 22 95% Apr. 21 May 27 77% May 21 90 Jan. Jan. 26 14 94 85 84 May 17 84 May 17 Jan. 19 86 May 10 86" " May"10; '85""]Apr. 23 85% Feb. 24 87 "92" 88 95 SAH 70 65 87 100 86 95 71" 87% 78 60 60% Sale ..... ..... lv< 82 May 24i May 27i 76 75 62 60 May 18 May 20 76% May 17j 61 May 17 89 82% Jan. 27 87% Mar. 19 74% Apr. 27 85% Jan. 12 65% Mar. 12 89 Apr. 1 60 May 20 89 Apr. 89 78% Sale 78% May 29 78% May 29 82 79% May 20 72% May 15 84% May 6 76% May 22 79% May 20 72% May 15 90% Jan. 83 Jan. 88% Mar. 17 88% Mar. 17 58% May 59 58 Apr. 30 71% Mar. 6 67 May 20 Feb. 17 89 86 70 Apr. 16 87% Sale 85 83% 73% Sale ..... 60 ..... 81 Mar. 18 2 14 77 64 3 May 28 84% 80 Feb. 28 Jan. 7 7.0 70 D 29 Apr. 26 82% May 27 84% !IIII "87% IIII "87% 58% Feb, 14 75% Jan. 70 1 78% May 29 Sale 74 May 5 82% tytay 27 70 89% Mar. 24 77 83 83 75 75 87 89 89 86 89 91 86 J 81 Mar. 19 70 68 "94% IIIII "8"l* 141566, 30 30 May 17 80 ... 75% 81% *36" "Mar." 23 22% May 27 20% Apr. 24 72 91% 99% 99% 80 83 87% 10 79 83 ..... 75% Jan. 47% Apr. 22 70 .... 87 92 69% ::::: 95 81 84 Mar. 16 Jan. 16 Jan. 9 68 100% 89 80 42% May 6 24% May 26 67 48 55 93% ..... Corp unifying A ref 5S..1937 M-N Pacific G A E gen A ref 58.1942 J - J Pacific Pow A Lt 1st A ref 5s '30 F-A Paterson A Passaic GAE5S.1949 M- 8 People's Gas A C—1st 6s.. 1943 A-O - 55 55 94 1,000 - 9 96% 55 89 ..... mm 88 97 2,000 6,000 24 233 — 48 85 96% 43 40 84% 82 42i 53% 439,000 F-A J 7% Jan. 26 Apr. 29 80 82 82 24 Pacific Gas A Elec—CalG A E J 9 7% Jan. 21 66 65 40% Sale "75 J -D F-A 7 64% Jan. 72% 31 78 Gas A El Co of J -D 20 68 21 Sale 5 May" *4 71% May 18 94%Feb"~28 Jan. 77 50 50 23% 27% 25% Sale 6 92" ""Apr"." 12 -94"" 89 81% 72% 50 18,000 19,000 89,000 28,000 20,000 00 Consolidated Gas conv 7s QCons Gas ELAP of Bait 5-year conv 5s... .1921 M-N Detroit City Gas Co g 5s.. 1923 J - J Detroit Edison Co 1st 5s.. 1933 J - J 1st A ref 5s Series A 1940 M- S M-N M-N M-N J -D 42,000 1,000' Syracuse Ltg Co 1st g 5s.. 1951 J -D J - M-N s f 68.1936 J - J 1944 F-A Utica Elec L A P 1st s f 6s gl950 J - J Utica G A El ref A ext 5S..1957 J - J Westchester Light gold 6s. 1950 J -D United Fuel Gas 1st Utah Power A Lt 1st 5s Miscellaneous Bonds Adams Express coll tr g 48.1948 M- 8 Alaska Gold M deb 6s A..1925 M- 8 10-year conv 6s Ser B 1926 M- 8 Am Steamship of W Va 1st 5s'20 M-N Armour ACo 1st real est 4%s '39 J -D Booth Fisheries deb s f to. 1926 A-O Braden Copper coll tr s f 6s 1931 F-A Bush Terminal 1st 4s 1952 A-O Consol 5s ..1955 J - J Buildings 5s gu tax ex.. 1960 A-O ChC A ConnRys coll 5s Jan1927 A-O Chic Un Stat 1st gu A 4 %8.1963 J - J (ctfs) 6%s series C..1963 J - 87% Sale 88 88 92 88% 86 86% 85 88 81% 88 88 84% 80% ..... 72% 85 ..... May 20 May 11 88% May 4 May 11 88 J .... 5,000 42,000 ..... 82% 95% 88% 97% ..... 91 97 83% 58% Sale 15% Sale 13 16 97% t-. 83% Sale 95% 90% 92 75% 79% 78 Sale 80% 81% 40% 82% Sale — 118",660 19,000 "¥,660 9,000 105",660 44,000! 1 76% 75 75 84% Mar. 86 89% 85% 90 76 73 May 7 May 12 90 76 May 7; May 14 58 55 14 15% 13% Sale ..... Apr. 17 73 May 12 Mar. 3 98 76% 90% 87 3 94% Mar. 3 85% Jan. 12 95 Mar. 3 May 17 May 21 58% Jan. 20 Feb. 10 Feb. 17 Apr. 5 75 May 18 84%.Feb. 4 84 55 77 May 3. May 28 85 May i i 73% May 15 71 May 24 75 May 27 May 4 76% 90% 75 May 18 86 84 55 10 2 102 66 69 74% Sale 70 72 Sale 71 73' 74 Apr. 16 13 5 4 3 56 17% 14% 102 70 70 84% Mar. 11 May 13% May 13% May May 17 11 May 21 13% May 3 56 11% 11% Sale - Jan. Jan. 87% 55 77 67 9 26 91 88 98 *85 3 88 95 88% 87% 90 42,000 4,000 1,000 97% 85 80% J Trenton Gas A Elec 1st 5s. 1949 M- 8 Union El L A P 1st g 5S...1932 M- S 11 51 70 Sale "46"" J Gas A Electric Light Cos Bklyn Edison Inc gen 5s A. 1949 Bklyn Un Gas Co 1st c g 5s 1945 M-N Buffalo City Gas 1st 5s 1947 A-O 1st 9 Apr. 29 54 M-N Ry A Pow 1st 58.1934 J 1933 Jan. 66 40 J - J A-O Equitable Tr (N Y) inter ctf Refunding 5S 16 45 60% 46 - Syracuse Lt A Pow s f 5S..1954 29 21 28 55% 68 Ch Gas L A C 1st gu g 5s 1937 Consum Gas Ch 1st gu g 5s'36 Ind Nat Gas A Oil ref 5s. 1936 Mut Fuel Gas 1st gu g 5s 1947 Phila Co Conv deb 5s g .1922 Stand Gas A El conv s f 63.1926 uJan. .Jan. 47%Apr. 40 66 Refunding fold 5s_.! 33% Apr. i 7 50 59% Portland Ry 1st A ref 5s.. 1930 M-N Milwaukee Gas Lt 1st 4s.. 1927 Newark Cons Gas cons 5s gl948 N Y Gas El Lt H A P 5S..1948 Purch money coll tr g 4s. 1949 Ed El 111 1st cons g 58 1995 N Y A Q El L A P 1st c g 681930 Sale Prices. 75 62% 63 62% Sale ! Highest. 24 65 64% 64 21 20% 21% 60% 26 Ask. 70 Port Ry L A P conv 5s...1942 F-A St Jos Ry L H A P 1st g 5s. 1937 M-N St Paul C Cable cons g 5s.. 1937 J - J Third Ave 1st ref 4s 1960 J - J Adjustment income 6s.. 1960 A - O Virginia Ask. Bid. RANGE SINCE JAN. 1. Lowest. F-A 1942 A Income 6s.. ........1948 Un Rys Inv—5s Pitts lss..l926 United Rys St L 1st g 4s.. 1934 St Louis Tran gu imp 58.1924 United RRs San Fr s f is.. 1927 Union 'Trust (N Y) ctf dep. Bid. INIMAY. May 29. M- 8 J - D M- S M- S F 1931 J ext 4%s General A refund 5s_ 1951 Mont Tram 1st A ref A 5s. 1941 N Orl Ry A Lt gen 4 J$s..-1935 N Y Mimic Ry 1st A 5s 1966 New York Rys 1st A ref 4s. 1942 Trust Co certfs of deposit 43 2"i9~,666 *59"" Sale" 2013 J -D 2d 4s 30 Sale Sale 70 11,000 Trust Co cei-tfs of deposit 232,000 — Interboro R T 1st A ref 58.1966 J - J 1,209,000 Manhat Rv (NY) con g 4S.1990 A-O 13,000 Stamped tax exempt 34% 26 44 ..... 547,000 — Ash. PRICES May 3. 74 93 Mar, 4 70 May 28 Apr. 22 79% Jan. t 73 Feb. 82 Jan. is 71 May 24 82% Jan. 7 9 60 71% Sale "75% 100 76% Sale May 26 7q% May 5 83 Jan. 10 70% May 5 75 100 May 29 100% Mayt28 May 29 100% May 28 100 38 BONDS-STOCK EXCHANGE RECORD Int. BONDS N V STOCK EXCHANGE Sales in Price about Per¬ May Jan. 2 iod. Par Value 1920. Did. S A 8k. Chile Copper conv 7b 1923 M-N 446,000 107% 108 Coll trust 6s serAsub rects__ M-N Coll trust 6s conv ser A. 1932 A - O 1,499,000 86 Sale 84 88 33,000 Computiug-Tab-Rec s f 6s_1941 J - J Granby Coil M 8 <k P 1st 6sl928 M-N 96 12,000 97% 96 Stamped 1928 M-N 9734 Great PaIIs Pow 1st sf 6s..1940 M-N 90 91% Int Metre Marine 1st s f 6s_1941 A Montana Pow 1st A ref s f 6s A J Mortgage Bond 4s Ber 2...1966 A 10-20-year 6s Series 3 1932 J - - - Morris A Co 1st s f 4Ks_._1939 J N Y Dock 60-year gold 48.1951 F - O 200,000 J 42,000 North States Power 6sA..1941A-0 Ontario Pow N F 1st 6s 1943 F - A Ontario Transmission 68..1945 M-N 25,000 Nlag Falls Power 1st 6s 1932 J Refunding A gen 6s„ Jan 1932 A - O Nlag Lock A Ont Pow Ist6sl954 M- N Prov Loan of N Y g 4%s_1921 M - S Pub Ser Cor NJ gen 60-yr 6s *69 A - O Sierra A 8 F Power 1st 68.1949 F - A Tennessee Cop 1st conv 6s. 1925 M- N Wash Wat Pow 1st 30-yr 5S1939 J - J W Penn Pow 1st 6s Ser C. 1958 10-year conv s A-O 1941 f 6s 1928 J - D Bid. 3. A ek. Bid. 99% Sale 75% 82 Sale Sale 95 96 95 96 86% 87% 87 83 May 29. Sale Sale 100 Ask 75% Sale 81 83% i.ooo; 9,000 83 75 82 65 66 57 61 91% 96% 86 101% 90% 83% 83 85 75 79% 90 59,000 82 73 May 20 May 27 May 21 81 Prices May 10 76% May 83% May 95% May 85% May 21 76% May 26 87 60 60 83 May May Sale Prices. May 21 108% Jan. 73 12j 81 4 90 Jan. 94 Apr. 20 89 Mar. 22 3j 3 May 7 May 17 97 76 82 74 75 83 82 75 65 26 85% May 21 76% May 26 Jan. 86 0« 2 Jan. 8 95% May 4 95 Apr. 26 88 Mar. 22 89 95% Jan. 0 Mar. 22 86 L. 59% 78 1. Sale Prices 97 May 20 May 27 6 90 83 90% 58% Sale Sale May 21 100 82 55 97 ..... 87 86% Sale 78% 80 90 76 92 Prices JAN. Highest. 80 80% 82% Sale SINCE Lowest. Highest. 97 92 90"" RANCE MA V. Lowest. 101 70 J 5,000 Wilson A Co letsf 6s Sale 85% Sale O J A J - 94 % PRICES IN May [VOL. 110 85 nu May 10 73% May 25 81 May 7 85 May 10j 76% May 12 82 May 4 75 Apr. 30 60 91 Adit. 20 Mar. 19 93 Jan. 7 93 Jan. 7 85 Mar. 11 88 Jan. 14 73% May 25 85 Jan. 10 81 May 7 85 Jan. 30 72 Jan. 27 75 Jan. 20 17 83% Jan. 67% Jan. 92% Jan. 13 22 15 90% 60 Sale 61 62 60 May 60% May 21 58% Jan. 2 66 Jan. 92 94 92 95 90 May 19 92 May 19 90 May 19 96 Feb" "25 May 20 May 21 88% May 11 88 May 6 86 May 20 98% Jan. 96% Jan. 91 88 7 76 "¥,666 104,000 181,000 94% 94% 97% Sale 95% Sale 88% 87% Sale 88 Sale 86 86 Sale 84 89% Sale 96% 85 89 90% 96% 88 84% May 21 Manufacturing A Industrial Am Agr Cbem let conv 58.1928 AConvertible deb 5s 1924 FAm Cotton Oil deb 5s 1931 M- O N Am Smeltg A Ref ser A 5s_ 1947 A- O Am Tobacco 40-year g 6s.. 1944 A- O 4i 1951 F- Am Writing Paper s f 7-6s 1939 Baldwin Loc Wks 1st s f 68.1940 Central Leather 20-yr g 5s_ 1925 Central Foundry 1st sf 68.1931 J 13,000 A J - M- ■N 217,000- 86 5,000. 119 lYo'ooo! 18,000; O 90,000 F- A Conso ITobacco 60-yr g 48.1951 F- A Corn Prod Ref gold s f 5s__1931 M- N 1st 26-year s f 6s ..1934 M- N Cuba Cane Bug conv 7s 1930 J - J 1,000 25-yr 6sl936 - O - D - D General Elec deb g 3^8... 1942 F - A Debenture 6s... 1952 M- S 20-year deb 6s_ 1940 F- A Ingersoll-Rand 1st fis.Dec 1935 J - J Int Agrlc Corp 1st A coll tr 5s'32 M- ■N Intern at Paper conv s f g 5s 19 35 J - J 1st A ref ef conv 5s serA1947 6s. 1951 F- 08. - A J - D J - J - - Stamped - g U S Rubber 5-yr sec 7s 1st A ref 5s series A U 8 Smelt Ref A f 6s K J J j J - 5s 1924 J - 1923 - 1947 D J - ■A Mgconv 6b 1826 Fa-Car Chem let 15-yr 5s. 1923 s D Mav 1924 -O Western Elec 1st 5s Dec 31 1922 J - Ccsl, Iron and Steel Bonds Beth Steel 1st ext s f 5s_..l926 J J 1st A refund 5s gu ser A. 1942 M -N - 20-yr pur A m Imp e 1 6b. 1936 J Buff A Susq I s f 6s _ Deb 5fe_ 151,000 63,000 41,000! J 5s Series A Mldvale St A Ord conv cons J F- •A F- A - D J ■ D A- •O M- s f 5b '36 Pocahon Con Coll 1st s f 6s 1957 Repub IAS sink fund 6s_1940 8t L R Mt A Pac 5s stmp'd 1955 Tenn CIARR gen 5s 1951 - MJ J S s ■ ■ J 0 A J • - - J J C S Steel Corp sfg 5s_Apr 1963 M- -N Registered Apr 1963 M- -N Victor Fuel 1st b f 58......1953 J Va Ir Coal A Coke 1st g 6s_ 1949 M Telegraph and Telephone Am Tel A Tel coll trust 4s. 1929 J Convertible 4s_ 1936 20-year convert 4%s 1933 30-year coll trust 58....1946 7-year convertible 6s ..1925 - - 98 101 99 "§¥ 75 100 83% Sale 98 83% 92" 86 Sale 87 93% 92% Safe 99 99% - 80 93% 78% 76% May 25 80 86% 84 96 89% 67 66% 82% Sale 96% Sale 101 80 77 101 101% 103% "79"" Sale 96 ... "5I~" 92 547,000' 89 Sale 85 97 91% 87 90 58,OOOi 105% 106 37,000, 11,000 40,000 19,000 94 101 96% 94% Sale 97 96% Sale 80 Sale 98 Sale 92% 95 94% May 4 May 19 83 96 May May 92% May 70 May Si If 6! May May 12} 78 May 28; 95% May 20, 05 80 89 88% 90 79 May 13 84% May 96% May 93% 97%| 95%' 80% Sale 94% Sale 92 93% 97 94 96 93% May 99% May 78 May 94% May 92 May 94 1. May 93 1 May May 95% May 82 24 May 10, 20 100% May 5 21 80% May 29 28 98 May 3 24 93% May 7 14 95 May 13 25 94 May 7 9 21 Feb. 7 5 May 19; 20 7 7 ' 98 Apr. T 20, Feb. 83 1S| Feb. 91 99% Apr. 23 84% Jan. 99% Jan. 86% Jan. 19 8 19 Jan. 7 Mar. Jan. 21 Feb. Mar. 2 .Tan. 0 7 90 Feb. 19 87 May 15 84% Apr. 9 87 74 Feb. 99% May 103% Jan. May 94% May 92 Apr. 94 May 93 May 92 90 Sale 90 Sale* 77 79 Sale May 4 May 20 77% May 25 91 80 82 80 78 78 78 73 70 8 3 90 Jan. 2 105 Jan. 10 95% Jan. 12 Jan. 16 97% Jan. 14 97% Jan. 21 101 89% Apr. 27 77 May 20 77% May 25 7 93% Jan. 105% Jan. 3 May 15 78 2 Jan. Apr. 99 15 82 7 19 Feb. 13 90 0 30 89% May 81 7 Jan. 97 Jan. 90% Apr. 80 8 11 Apr. 26 111 May 21 110 Apr. May 88 Apr. 97% Apr. 96% 93" " May 96 Sale 27 Apr. 22 24. 70% Jan. 76% May 25 99% Jan. 19 88 87 5 Feb. 97^ Jan. 81% Jan. 97 20, 95% May 20 82 86% Sale May 14 May 7 May 3 7 Feb. Mar. 83% Jan. 3j 100 Apr. 74,000 92% 9 99% Jan. 89% Feb. 86% Jan. 30jioo% Jan. 63 50,000 Sale 20 29, 21 24 91 105 104% May 104% May 21 89% May 89% May 3 87 May 15 87 May 15 79% 100% 75 86% May 101 May 77 80% May 103 May 20 100 80 3! 79 May 95 5 95 May 93% 85 84% May 91 96% May May May May May May May 78 90 95% May 88 104% 105 94 81 93% 88% 94% 95% 89% 95% 76% Sale 81% Sale 40,000 103% Sale 100% 101 79 95 94 96% 104% Sale 89% Sale 82 105 79 Aor. 95% May 20 79 98 1,000 Jan. 0 86% Jan. 3 85% .Tan. 19 13 89 75 .... 6,000, 36,000 21,000, 84 87 74 Sale 79% 81% 80% 81 72% 74% 75% Sale 85 73~, 000 92,000 "45",000 63,000 470,000 24,000 3,000 9,000 23,000 1,408,000 3,000 84'" Safe"" 75 92% 90 94 Sale 83 79 88 80~" 95% 95% 69 73 92% Sale 97 % Sale 94% 96 98 416,000 69 80 85% 85 Sale 1949 F - A 1937 J - J - 251",000 157,000 37,000 4,000 3,000 73 84 74% Sale 59% 65 78 80 76% 77% 93% Sale 82% 89 7,000 94 Sale 89 Sale 84 81% J an, 72% May 24 May 24 75 May 12; 90% May 4 72% May 24 84 May 24 84 93 92 92 85 85 80 76% 92% 90% 80% 80% 2 93% Jan. 92% ..... 7 20 20 13 19 5 25 24 8 7 97% 99% 85% 82% Feb. Jan. 0 5 8 96 Jan. 3 27 May 85 May 76% May 80 May 84% May 7 20 20 13 19 Mar. 3 72 Jan. 83% May 25 89% May 24 92 Apr. 26 93 Jan. 3 99% Jan. 99% Jan. 12 81% Apr. 83 May 4 May 4 May 5j May 18 85 May 15| 70 May 25, 87% May 5, 94% May 3; 92% May 111 82% May 19 83 73 75% May 14 73 May 22 62% Apr. 30 80% Jan. 69 9 Mar. 11 78 78 85 80 84% 08% 71 83% 87 91% Sale May May May May May May May May May 84% 69 83% 89% 67 Jan. Mar. 23 8 62 82 85 74% Sale May 22 May 7 67 80% 74% 76 93% Sale 81% 78 May 7 72% May 20 92 May 20 77 95 May May May 7j 5 5, 1 May 7 May 7 72% May 20 92 May 20 90% Apr. 7 Jan. 30 83% Jan. 99% Jan. 7 7 Jan. 3 60 60 96 94 64% 81% 86 84% Apr. 23 84 74% 69 82% 98% 84 Jan. 76 92 84% 85 98% 100 80% Sale 80% 81% 74 73% May 11 Sale ..... 84% 64% 77% 81% 88 To", 000 May 18 May 6 75% May 3 86 86% 87% 93% Sale 93% 100 7,000 84 80 Sale A 74 86 99 - Sale 80% S0% 84 75 -D 76 93% 80 75% May 18 May 20 May 18 May 20 73% May 11 70 ...j.. 92% 81% 82% 80% Sale F 73% 93% Sale 95% Sale 83% Sale 78% Sale J ~78|~~ Sale 86 50 9,000 305,000 76~" 72 96 334,000 f 4%s_1939 M-N 84 75 80% 85 May 26 81% May 83 May" 17 83% May 20 5 Sale 81% 81% 76% 97 70 Apr. 17 85% Jan. 30 88 82 83 98% Sale 79 74 70 Apr. 17 May 26 75 Sale 72% May 22 84 87% Sale 79% 85% 76% May 20 81 82 81 75% 79 75 76% 74 75 ..... May 21 May 5 May 20 May 14 76 May 8 89 May 3 82 May 4 81% May 15 77% May 27 75 May 4 83 May 17 99% Jan. 24 72% May 22 84 May 21 76% May 20 80% Mar. 11 75 May 20 74 May 14 86 Feb. 99% 81% 96% 88% 85% 86% 81% Jan. Jan. Jan. Mar. Jan. Jan. Jan. 9 24 9 21 1 13 23 5 97 J On the basis of $5 to the £ sterling, b On vBoads "when Issued." • F*at price Sale Apr. 27j 98 May 83% May 98 May 78 77 79% 77 100% 100% 86% 86% 101% 103 103% 203,000 J South Bell T A T 1st s f 6s. 1941 J - J West Un—Coll tr cur 6s_._ 1938 J - J Fund A rea est 4%s g_.1950 M-N Mutual Un ext 5s gu.. 1941 M-N a Sale 98 65 Sale 89 70 May May May May 95% May 98 95% 76 98 101 89 65 May May May May 98 89 89 "66" 117 Jan. 100 May 10 May 7 119 May 95% May 75 May 7 95% May 20 70 97 71% 72% 93% Sale M- S - ■ale. 79 74 80 90 70 98 83 May 77% May 28, 117 7, May Apr. 23 89% Aor. 29 79 May 15 20 29 21 24 92% 78% VoT, 000 M- S No W Tel gu fund 4%sg 1934 J 94 90% 78% - P 80-ye e j oeDen 6s 1949 Pacific T A T 1st 5s 76 Sale 94 95% 100 J Keystone Telephone 1st 5s 1935 J J Mlcb State Telep 1st A 20-yr 5s'24 F NYANJ Telep gen 5s... 1920 M-N £en 8 79% Sale 89 no"" 117 May 15 May 10 May 7 May 11 "75" 75 S Cent Dlst Tel 1st 30-yr 8s_1943 J -D Chicago Telephone 1st 5s. 1923 J -D Commercial Cable 1st g 4s_2397 Q- J Climb T A T 1st A gen 5s.. 1937 J - J N Y Tel 1st & 82 "93~" 96% Sale 81% 98% 74 77% 100% 101 94 82 117 96% 92 79 77% Sale "78"" "80~~ 89% May 26 83 92 92% 86,000 102% 102% 88 1,000 ■D A- •O 1950 M- 96% Safe" 79 D - J J 85 74% Sale 35,000; 108% Sale 101 45,000 Sale 88 80 26,000 95 96% 97% - Illinois Steel deben 4%s__.1940 Indiana Steel 1st 5s .1952 Jefferson A Clearf 2d 6s_..1926 Lackaw Steel let conv 6s.. 1923 let - • 83% Sale 268,000, ..1932 J -D S Jan 1926 M- Cah C M Co 1st gu g 6s... 1922 Co Fuel A I Co gen s t g 5b 1943 Col Indus 1st coll tr 5s gu..l934 Consol Coal Md 40-yr 5s__1950 Elk Horn Coal conv 6s 1925 > 40,000 5,000 Union Oil of Calif 1st 5s___1931 U 8 Realty A Impt deb 5,000' "T,66o 83 117 100 15,000 "s'.ooo - Sale 16,000,' 100% 102% M- N Milling 1st fls_._1930 98% 89% 1,480,000' M- N The Texas Co conv deb 6s_1931 Union Bag A Paper 1st 8 f 5s '30 Conv deb A O .1941 F Standard O ■ 1944 A Nat Enam&Stpg 1st 20-yr 6s'29 Nat Starch 20-year deb 5s_1930 National Tube 1st 6s..... 1952 N Y Air Brake 1st conv 6s_1928 "T.ooo; Sale "79" 75"" "15", 000 Liggett A Myers Tob 7s... 1944 A(P) LorIIlard Co 7s 85 A A- Distillers' 8 C conv 1st g 6s 1927 A B I du Pont Powder 4%8- -1936 J General Baking 1st J 98 98% ""7,666 the basis of four marks to one dollar. 0 First Installment paid, d Full paid / Pari paid • Option June, 1920.] Price* stocks-stock exchange record stocks - In accordance with a prices and sales for may and the year to date. rule of the Stock basis of 100-share lots. are on STOCK EXCH'GE Ann Arbor Since May Jan. 1. Shares. Shares. 400 100 800 Atchison Top <k S Fe—100 Preferred 100 41,625 7,300 4,600 2,400 44,200 7,900 9,000 1,800 Atlanta Blrm A Atl 100 Atlan Coast Line RR—100 Baltimore & Ohio 100 Preferred 100 Brooklyn Rap Transit-100 Certificates of deposit— Buffalo Roch A Pitts. _ """766 Chesapeake A Ohio Chicago & Alton 10*,l66 100 100 Chic A East Ills tr rects— Preferred trust receipts. Chic Great West 100 Preferred 12,800 5,290 208,037 32,300 14,800 25,700 305,317 42,133 134,395 58,315 100 Buffalo & Susquehanna 100 Canadian Pacific 10C Central RR of N J 100 100 Chic Milw A St Paul __100 Preferred-. 100 Chicago & North West. 100 Preferred 100 Chic Rock Isl A Pac (new). 7% preferred 29,360 2,400 1,000 1,200 6,400 8,000 34,300 29,100 8,600 . 262",660 1,343,850 6,200 7,800 300 100 2,800 28,800 50 500 Denver & Rio Grande. 100 3,500 28,70u Clev Cln Chic & St L—100 Preferred 300 300 1,316 100 519 Colorado A Southern. .100 4,200 1st preferred 2nd preferred Delaware A Hudson Del Lack & Western Preferred 100 Detroit United Ry 100 Duluth 8 S A Atlantic. 10U Preferred 100 Erie 100 500 700 800 3,500 2,100 207,400 100,500 20,600 249,304 198,900 13,800 5,200 29,747 100 RR Securs, Series A Interboro Cons Corp v t c Preferred 100 4 734 14,700 7,300 129,600 116,700 1,000 62,700 8,415 First preferred 100 Second preferred 100 Great Northern pref_.100 Iron ore properties Gulf Mob & Nor tr ctfs 100 Preferred 100 Illinois Central Iowa Central 100 Kansas City Southern. 100 Preferred 100 100 18,900 1,000 Keokuk & Des Moines. 100 100 Lake Erie & Western.-100 600 Lehigh Valley 50 Louisville & Nashviile.lOO 9,400 4,000 2,500 9,700 Ry guar. .100 Mlnneap A St L (new)_10o Minn StP ASSM—100 Preferred Mo Kansas & Texas Preferred 950 37,500 7,600 76,000 22,700 100 _ 2d pf 100 v t c. 700 100 100 Missouri Pacific tr ctfs. 100 Preferred trust ctfs. 100 Nashv Chatt & St L 100 100 New York Central 100 N Y Chic A St Louis.. 100 100 2,900 4,600 49,300 2,300 100 100 100 N Y Lack A Western.. 100 50 N Y N H & Hartford. 100 N Y Ontario A West—100 Norfolk Southern 100 Norfolk & Western Preferred 100 100 Northern Pacific 100 150 600 28,400 217,700 100 100 76,235 100 100 46,400 1,800 350,777 3,200 542,900 11,400 100 200 9,270; Pitts Cln Chic & St L—100 Certificates of deposit-. 5,000 25,822 700 700 Pitts A W Va lnt ctfs—100 22,600 Preferred lnt ctfs—100 400 Reading Company 50 First preferred 50 Second Dreferred— 50 St Louis-San F tr ctfs.lOu Preferred A tr ctfs__ 100 St Louis Southwest—100 Preferred 100 Seaboard Air Line.—100l Preferred —100 Southern Pacific Co—100 100 100 100 100 Tol St L & West tr rects. Preferred trust rects. Preferred Texas & Pacific Third Avenue Twin City Rapid Tran.100 Union Pacific 100 Preferred 100 United Rys Investment 100 Preferred 100 Wabash —100 Preferred A 100 Preferred B 100 West'n Maryl'd (new) .100 '200 8% Sale 24 22% 38% Sale Sale Sale 12% UJH Sale 9 69 66 116% Sale 118"" Sale 190 180 205 205 53% Sale 10 6% 51% Sale 7 10 Sale 21 33 7% Sale Sale 22 Sale 48% Sale Sale 82 118 110 Sale 51 45% Sale 68 62 66 20% 21% 48 50 40 41 93% Sale 4% Sale 10 6 Sale 13 19% Sale 14 . Sale 80 38% Sale 8 6% 34 30% 88% Sale 4 Sale 13 /Sale 15% Sale" 46% Sale 91% Sale 175 6% 11 7 Sale 10 14 42 42 101% Sale 45, 5 10 Sale Sale 46 Sale 12 Sale a90% Sale Saie 8 Sale Sale 11% Sale 24% Sale Saie 40 14. 27% Sale" 17 8ale 66% Sale 53% 50% 3% Sale 11% Sale 5 4% 100 99 Sale "84% "85% 8% Sale Sale 7 12% Sale 19% Sale 13% Sale 74 Sale, 35% Sale 13% Sale 3 Sale 180 95 "3% Sale 72 Sale 112 4% Sale 70% Sale 28 26% 50 55 40% 47 85 90 28% Sale 17% 18 90 66 Sale Sale 80% Sale 74% Sale 40% Sale 40 12 55 57 11,800 150,300 14,700 132,350 11,800 33% 34 Sale 24% Sale 62% Sale 65 30 Sale 36 40 44 38 40% Sale 21% Sale Sale Sale 24% Sale 7% Sale 20 94% Sale Sale 21 Sale Sale Sale 37% Sale 12% Sale 32 Sale 68 Sale Sale Saie Sale 53 31 116 Sale Sale 33% Sale 62% Sale 10 Sale 21% Sale 8 Sale 23 Sale 9% Sale Sale 24% Saie 59 24 Sale Sale" 11% Sale 18 Sale 7% Sale 13 535,635 56% 38,570 41% 975,200 12% 20,300 16,100 1,800 30 5,500 375,825 124% 66% 30,550 11% 40,625 26% 52,500 8% 108,350 23% 204,400 Sale 76% Sale 12 14 70 85 18% Sale 25 Sale 14 31% Sale 25% Sale" Sale 13% Sale 18% 19% 29 " Sale "9% Sale" 27% Sale Sale 34% Sale 52% Sale 63 22 15,200 11,650 Sale 32% Sale 45 7,300 700 85 74% 6% Sale 6 72 5 % 84% 30 40% 11 8 May 20 May 20 May 19 May 20 May 4 May 20 May 19 May 24 May„19 May 19 11 23 81% 75% 6% 88% 35 * 44% 13% 9% May May May May May May May May May 5 12 29 10 18 5 8 7 J 6 May] 6 50 90 800 850 8 Sale Sale „32 27% Sale 70% 71% 70% Sale 60 Sale 61% 60% 60 63 58% Sale 1,586,550 102% 147,100 86 80 78 1,500 11,200 5% 110 Sale 200 73 Sale 76 16,900 76% Sale 77 100 Sale 2116 29 18,300 20,875 581,620 15,400 18,000 25,700 30,865 21,900 81 x87 22% Sale 10 20 4% Sale 154,350 2,100 100 100 7% Sale 1,842,400 Pacific Preferred Wheeling ALE Ry—-100 Preferred 100 Wisconsin Central 100 Sale 56 13 Sale 43 130% Sale Lowest. Sale Prices. 10 31% Sale 43% Sale 13 12% 320,000 1,700 2,075 106,000 1,500 6,300 7,200 3,700 1,200 200,600 88,800 4,600 324,900 *-2,200 4,400 1,200 1,800 61,800 6,000 2,525 4,800 17,300 21,200 preferred 2nd disregarded. SINCE Highest. 20 Sale 50 100 Western RANGE are Sale Prices. 12 Sale 200 50 100 Southern Railway Option sales Lowest. 27 33 12% Sale 7% Sale Ask. 10 47 21,650 46 Sale 21,500 Sale 319,025 z69 28% 29% 23,700 60 62 1,100 43 48 1,550 Pennsylvania Pere Marq v t r Prior pref v t r Preferred v t r o. MAY. 22 88 200 706,910 24,830 17,100 41,200 2,600 92,400 1,930 4,500 8,500 Bid. Sale 3,800 41% 81,300 25,300 ill 40,900 247 12% 67,600 10,795 2,820 9% 157,575 12 30,900 26 442,650 42 105,675 Pacific Coast Co Peoria A Eastern quoted dollars per share. Sale Prices. May 29. 3. Ask 78% Sale 196 13,400 187 9 6 33,150 13% Sale 194,830 Sale 100 1,424 34,000 18,500 5,500 29,600 34,350 8,000 2,100 4,200 Bid. Sale Sale Sale Sale 84)4 78 X 7% 90% —75 100 100 Ask. 1,200 196,930 1,400 104,100 5,700 9,200 13,300 47,300 39,600 317,490 253,300 65,397 5,561 300 Preferred 2d PRICES IN May Bid. 50 100 100 6% preferred Chic St P Minn A Om.lOO preferred preferred Price about 841 43,000 41,575 1,925 1,315 8,916 2,019 24,500 1,600 1st now JAN. 1. 1920. In 100 Preferred Nat'l Rys of Mex N Orl Tex & Mex are Jan. 2 Par Manhattan Exchange effective Oct. 13 1913, all stocks Exceptions of stocks which sell only in a small way are noted by the letter SALES TO JUNE 1 STOCKS Y 29 i Sale 117 65% May 28 68 110 May 20 119 50 7 4% 6% 7% 19% 30% 46% 76% May May May May May May May May May 3 20 3 14 24 24 25 25 20 ' 53% 10% 7% 7% 8% 23% 35 % 52% 82 May 8 May 10 May May May May May May May May 29 May 28 Highest. Prices. 16 Feb. 9 20 May 20 Feb. 24 76 Feb. 72 May 20 Apr. 21 Jan. 3 Feb. 24 Feb. 11 Jan. 7 27% Feb. 13 40% May 24 10% Feb. 10 Feb. 24 Feb. 24 7 5 84 Jan. Mar. 10 11 Mar. 15 7 Jan. 3 Mar. 15 50 Jan. 6 Jan. 65% May 28 May 20 Jan. 175 Jan. 47 Feb. C Mar. 27 110 3 Mar. 15 28 Mar. 10 8 Feb. Feb. 4 Feb. Mar. 22 4% Jan. Mar. 15 7 Feb. 19% May 24 30% Feb. 6 45% Feb. 24 Feb. 20 Feb. 2S Mar. 11 Mar. 11 75 Feb. Mar. 10 113 Feb. Jan. S Feb. 28 Feb. 21 3 Feb. 30% May 37% May 29 233 74 Sale Feb. 70% May 20 74% May 64) 3 60 64% Sale 54 Feb. May 65% May u 58 64 60 May 15 60% May 15 58% Jan. 85 95 90 May 22 90 Jan. May 3 90 48 Sale 45 3 48 42 Feb. May May 6 62 62 May 19 63% May 18 May 19 "23% Safe" Feb. 11 20% May 20 23% May 28 20 47 49 4 48 48 May May 15 47% Feb. 16 40 50 42 8 8 42 42 May Mar. 8 May 90% 94% 90 May 18 94 May 12 89% Feb. 13 170 Feb. 10 May 14 175 i May 12 165 6 Sale 6 i May 10 4% May 20 4% May 20 11% Sale 9 Feb. 11 9% May 20 12% May 10 13 92 90 92 May 92% May 13 May 13 3 4 3 3 May 10 3% May 18 May 10 7 7% Sale May 20 7 7% May 29 Apr. 30 11 6 12% Sale May 19 13 May 9% Feb. 13 4 19% Sale 17% May 20 20% May 17% May 20 14 Sale 3 13 8 14 May Feb. May 20 6 74% Sale 70% May Feb. 75% May 36 Sale 6 Feb. May 33% May 20 37 13 Sale 12 5 Jan. May 24 15 May 5 29% 31 Jan. 28% May 22 33% May j'85% Sale j 82 May 20 87% May 80% Feb. 13 a50 May 21 a50 May 21 52 Apr. 22 "3% ""3% 3% May 20 4% May 3% May 20 12 12% 10% May 21 13% May 9% Feb. 13 4 4 3% 4 5% May 18 May 18 May 18 3 16% Sale 18% May 13% May 13% May 43 45 40 40 May 19 44% May May 19 3 5 4 4 4 May 19 May May 19 8% 10 8% May 13 9% May 8% Feb. 13 43% Sale 39% May 24 43% May 29 39% May 100 Sale 97% May 24 101% May ' 97% May 42 May 27 46 May 39% Feb. 3 "13% Sale" 9 Feb. 11% May 13% May 63 71% Sale Feb. 67% May 26 71% May 29 81% May 12 85 May 11 81% May 12 "~6% Sale 3% May 22 8% May 3% May 22 10 Sale 7 7 May 24 13% May May 24 23 21 Feb. 11 25% Sale May 19 26% May 4 39 43 36 Feb. 11 May May 29 42% Sale 100 110 106% May 12 106% May 12 106% May 12 3 5% May 4% May 8 4% Feb. 13 3333 | May 20 38 May May 20 24 71% Sale 72% May 66% May 64% Feb. 13 27 28% 25 May 22 29 May 23% Feb. 13 50 56 50 54% May 10 54% May Apr. 13 41 4 47 41% May 41% May 41% May 4 90 o84 85 a84 May 13 o84 May May 13 31 27 Sale May 20 31% May 23% Feb. 11 16 Feb. 6 18% Sale 16% May 20 19% May 20 10 Feb. 10 23% Sale May 20 24% May 11 88 Feb. 13 88% Sale May 24 92% May 10 88 64 66 64 64 May 20 66 May May 20 70% May 20 75% May 74% Sale 68% Feb. 11 25 25 May 14 25 May May 14 40 Sale 37% May 24 41% May 37% May 24 10 6 10 10% May May Apr. 13 25 Sale 22% May 20 26% May 22% May 20 60 60 60% Sale May 19 63 May May 19 42 42 May 12 43% May 12 May 12 24 50 Feb. 11 70% 74 69% May 20 68% May 69 69 70% May 28 71 May 28 May 28 29% Sale 27% May 20 32% May 21% Feb. 11 70 j'75 j'73% 76 3 May 12 76% May ,,Feb. 85% Sale 79% May 20 88% May 64% Feb. 42 40 44 Sale 5 May May 32% Mar. 41 43 40 3 42% May 21 May 33% Mar. 25 Sale 3 21% May 25% May 28 15% Feb. 13 8 33 5 May 23% Jan. 14 29% May 12 11 5 Sale 20 11 Feb. 11 13% May May 24 Sale 20% May 24 20% May 24 24% May 13 6 7 18 8 May May 6% Feb. 11 8 12% May 24 14% May 12% Feb. 13 96 Sale 90% May 24 97%jMay 10 88% Feb. 13 18 Feb. 13 3 20 23% May 10 22% Sale May 50 Feb. 13 51 57% Sale May 13 57% May 29 3 25 46% May 10 LFeb. 13 42% Sale 35% May 11 11 Apr. 30 11% Sale May 20 13% May 24 12 13 15 10% Feb. 19 May 10 14% May 10 19 15 Sale 15 May 28 May 29 May 28 19 30 30 32 May 12 28% Feb. 11 May 20 32 Feb. 13 112% May 20 119% May 10 110 118% Sale 6 63 68 May 61% May 24 61% May 24 65 7 9 Sale 8% May 25 10% May 8% May 25 6 21 23 17 17 May 21 May 19% 20 May 7 7 " May 20 8% May 29 8% Sale May 20 6 21 24 25% May 20% Feb. 11 24% Sale May 4 15 May May 18 16 14% Feb. 11 6 9 8% Feb. 13 May 20 10% May 9% Sale 16 20 14% Feb. 13 18% May 10 18% May 10 3 25 29% May 29 29% Sale May 20% Feb. 13 59 54% Feb. 5 May 13 60% May 26 60% Sale 9% Feb. 13 9% May 20 10% May 10 10% Sale 15 15 16 Sale May 20 May 5 May 20 16 25 25 25 39 May 19 5 May 19 27% May 37% Sale Mar. 15 Mar. 18 Mar. 30 Mar. 15 Feb. Feb. 24 19 Mar. 25 Jan. 16 Mar. 13 Mar. 10 Jan. 3 Feb. 24 Jan. 12 Feb. 19 Feb. 19 Feb. 24 Feb. 24 Feb. 24 Mar. 13 ; Mar. 19 May 5 Apr. 14 ; Mar. 10 Apr. 20 ; Mar. 13 i Mar. 15 Apr. 8 ; Feb. 24 i Mar. 1 Mar. 10 ; Mar. 11 ; Mar. 10 i Jan. 5 Mar. 20 i Mar. 9 1 Mar. 15 : Feb. 13 Feb. 21 Feb. 19 Feb. 28 Feb. 24 Jan. 14 Mar. 29 Feb. 20 Mar. 19 Mar. 11 Mar. 11 Mar. 12 May 13 Mar. 10 Mch. 19 Meh. 11 Mar. 10 Jan. 13 Mar. 18 May 14 Mar. 10 Mar. 18 Feb. 19 Feb. 27 Jan. 5 Mar. 11 May 28 Apr. 26 Mar. 26 Apr. 27 Apr. 27 Apr. 27 Feb. 24 Feb. 20 Feb. 24 Feb. 21 Feb. 19 Mar. 1 Jan. 3 Mar. 1 Mar. 18 Mar. 22 Mar. 26 Feb. 28 Jan. 3 Apr. 10 Mar. 10 Jan. 3 Mar. 18 Jan. 27 Feb. 24 Feb. 24 Feb. 19 Feb. 24 Feb. 19 Apr. 7 Mar. 18 Feb. 20 Feb. 20 Feb. 24 STOCKS-STOCK EXCHANGE RECORD 30 [VOL. 110. =ac N V STOCK Par. Industrial und Mlscallan Adams Express lOo Advance KumeJy 100 PrefeiTed._ 100 A lax Rubber Inc 60 . Alaska Gold Mines lo Alaska Juneau Gold M. 10 All American Cables.. 100 Allls Chalmers Mfg.-.100 Preferred..... 100 Amer Agricul Chem—.100 Preferred 100 Amer Bank Note--—.60 Preferred —50 American Beet Sugar.. lOu Am Bosch Magneto no par 4 m Brake Shoe & Fdry 100 Preferred 100 A merican Can 100 Preferred 100 A mer Car & Foundry.. 100 Preferred 100 American Cotton Oil.. 100 Preferred 100 Amer Druggists' Synd—10 American Express ....100 Amer Blide A Leather. 100 Preferred..—. .100 American Ice (new).-.100 Preferred.. ...100 Amer Jnternat Corp.. 100 Am La France Fire Eng. 10 American Linseed .100 Preferred... 100 American Locomotive. 100 Preferred. .100 Amer Malt & Graln.no par Amer Safety Razor 25 Am Ship A Comm..no par Am Smelt Secupf Ser A100 Amer Smelt A Refin 100 Preferred 100 American Snuff 100 Preferred ..........100 Am Steel Foundriesctfs Z'6h Preferred... .100 American Sugar Refin. 100 ... ...... .......... Preferred, new 100 Am Sumatra Tobacco. 100 Preferred —100 Amer Teleg A Cable—100 Amer Teleph A Teleg—100 American Tobacco——100 Preferred, new——.100 Am "Wholesale Corp, pf .100 amer Woolen of Mass. 100 Preferred 100 Am Writing: Paper, pf. 100 Amer Zinc, Lead Asm. 25 Preferred 25 Anaconda Copper .... 60 Assets Realization 10 Associated Dry Goods. 100 ...... 1st In Share*. 36,400 93,810 15,300 56,100 77,100 131,300 500 500 600 400 26,000 24,500 1,012 850 53,600 3,319 41,200 1,000 9,400 B Barrett Co (The) Preferred .no 5,700 18,600 26,400 2,900 800 97,300 3,700 28,100 2,800 91,500 100 200 78,900 49,600 1,500 43,300 1,800 1,000 Preferred 306,450 8,050 9,120 379,100 8,000 200 250 241,600 1,650 3,600 11,800 1,200 69,000 3,500 10,100 , 10 204 2,300 98,000 6,790 1,183,550 300 300 700 11,800 200 600 105,350 2,900 11,100 465,400 31,700 2,277,300 1,550 14,300 85,200 3,195 7,700 9,275 2,300 11,950 77,925 135,600 15,850 139,425 200 1,700 12,100 225 1,100 1,100 800 Cop A Zinc v t c__5 Butterick............100 Butte A Sup Cop, Ltd.. 10 2,650 10,500 13,100 2,250 10,700 Caddo Cent Oil A Ref.100 Calif Packing Corp.no par Calif Petrol vot tr ctf—100 Preferred 100 Calumet A Arizona Mg.10 13,100 4,300 10,900 1,600 1,000 C ase (JI)Thresh M Df ctf 100 uentrai Leather 100 600 60,900 2,800 Preferred —..100 Cerro de Pasco Cop.no par Certain-Teed Prod.no par Chandler M Car (The)no par Chic Pneumatic Tool—100 Chile Copper...——.26 Chlno Copper 5 121,300 5,000 50,000 23,350 Cluett, Peabody A Co. 100 200 Preferred 100 Coca Cola.........no par Colorado Fuel A Iron.. 100 Preferred ..100 Columbia Gas A Elec. .100 Columbia Graphophone.. Preferred 200 25,500 800 43,700 8,400 Rights... Computing-Tab-Rec ..100 Rights ... Consolidated Cigar.no par Preferred .100 Consolidated Gas N Y.100 Cons Int-State Call Mg_ 10 Sale Sale Sale 30 Sale 84 80 Sale 91 98 Sale Atk. 33 35% Sale 63% 66 *"l% ""l% 2% Sale 110 36% Sale "86% Sale"" 85% Sale 39 Sale ~41~ Safe 40 45 93 Sale 89 93 Sale 107% Sale 119% Sale Sale 39% Sale 39% Sale 91% Bale Sale Sale o93 131% Sale 136 Sale Sale 111 44% Sale • 148,500 102,120 128,900 17,820 10,000 5,500 629,170 10,625 252,000 13,700 727,000 57,600 217,400 161,950 12,400 1,900 192,100 99,800 Loweet. JAN. 1. Sale 30 3 May 25% May 20 61 May 15*,600 121,100 450 179,252 3,900 •10,300 3,200 200 212,250 798,700 2,900 226,852 9,950 10,300 31,300 5,850 Lowest. Highe*t. Sale Price*. Sale Price*. Highest. 8ale Price*. 21 Priest. 33% May 37% May 64% May 64% May 17 70 May 1% May 20 1% May 2 7 May 2% May 103% May 24 109% May 30% May 24 37% May 74% May 21 76 76 May 20 88 84% May 24 91 39 May 29 41% 40% May 19 42 87% May 22 96% 101 May 19 120 84% May 26 91 195 • May 18 209% 35% May 24 44 89% May 14 %\y* 128 3 1 May 137 106 May 20 ill *40% May 14 47% 98 Safe *45 91% 93 Sale 119 118 98% Sale 91% 92% 12% Sale Sale 126 11% Sale 123% 141 19% Sale 19 Sale 42% Sale 93% Sale 97 58 . 85% 84 If g 80 60 91% 94 104% 39% 97 Sale Sale Sale Sale 15 93% 78% 85 40% Sale 91 88 127% Sale 109 100 87% Sale 95 90 85 Sale 100 101 90 Safe 92 94"" Sale"" 36 76 18% 30% Safe" 19 % 34 235 Sale 21% Sale 75 j"60% 90 99 78 77 Sale 90% 110 May May May May May May May May May May May May May May 5 25 110 86 91 93% Sale 87 87 98 89 95 Sale 41 Sale 14 Sale 48 50 Sale 58 Sale 107% Sale 57% Sale 15% 31 33 50 60 52 75 164"" 114 - 27% Sale 100% Sale Sale 62 66 1200 1400 103% 104% 757% Sale 12 — 10 19 23 114% Sale 99 Sale 60 70 55 70 42 45 43% Sale 38 Sale 132 110 113% Sale 31% Sale 1% 124% Sale 125 106 102 1 107 1% 23% Sale 126% 105) 1) 21% Sale 89% Sale Safe 08 112*2 Sale"' 13 A Sale 89 Sale 101 Sale Sale 109 90 94 Sale 110 116 95 96 105 8*" Safe 118% Sale 6% 6% 117% Sale Sale 9 24% 27 27% Sale 15 9 '90% 9% Sale 92 52% Sale 87 % Sale 17 22% Sale 17% Sale Sale Sale 87 6 110 94 6% 117 8% Sale 17 16% 21 24 17 Sale 20% Sale 84% Sale 43% Sale 77% Sale 30% Sale 30 Sale 75 68 66 61 66 68 Sale Sale 101% Saie 109 110 59% Sale 57% Sale 135 Sale 104% Sale 20% Sale 39% Sale 106 145 jf70% Sale Sale 72% Sale 102% 105 46 Sale 48% 50. Sale 66% Sale Sale 10 X i45% Sale 47 132 49 Sale 85% Sale 32 Sale 80 109 99 40% Sale 42% Sale 68 Sale Sale 16% Sale 32% Sale 90 100% 34% Sale 35% Sale 89 98 5 12 11 29 15 26 6 4 27 3 10 34 Sale 102 84 20 44% May 20 90 May 20 May 20 89% May 48 May 18 25 92% May /209 May 85% May 22 92% May 94% May 27 95% May 37 May 12% May 48 May 54 May 3% May 28 May 55. May 61 May 92 May 143% May 64 May <zll40 May 103 May j'51% May 23% May 9 May 20 May 106% May 99 May 60 May 41"% May 39 May 119% May 104% May 1 May 17% May 82 May 85% May 101 May 105 May 7% May 88 May 50 May *100 May 93% May 6 May 108% May "6% May 12 May 20 May May May 110 May 91% May 89% May 50 May 94% May 240 May 91% May 93 May 116% May 100% May 42 May 16%May 51 May 58% May 5% May 40 May 63 May 63 May 110 May 174% May 67 May <11140 May 107% May 60% May 24 May 11 May 22 May 121% May 100% May 60 May 46 May 43% May 131% May 106 May 24 132 20 20 24 28 Mar. 26 20 20 26 20 21 25 24 14 19 3 20 6 25 20 27 24 20 19 28 19 27 26 21 21 35 17 19 24 20 21 20 May May 15% May 20 19% 68% May 20 77% May 21 33% 65 May 20 67% 56% May 19 61% 93 May 20 94% 62% May 24 74% 100 May 26 102 ;40% May 24 48 40 May 20 49 118% May 20 151 81% May 25 91 14% May 20 16% 29% May 19 33% 80 May 19 84 98 May 6 100% 30% May 20 35 ;28 May 20 36 May May May May May May May May ~ May May May May May May May May May May 92% May 94% May 54 3% Feb. 28* May 55 May 61 May 92 May 4 3 3 4 7 137 58% Sale 636 Sale 08O Sale 1% Sale 52% 62 80 18,600 136,650 583 11,700 124,500 19 55 Sale Sale Sale Sale 49% Sale i860 Sale 79 82 82 Sale 14 Sale Sale 50 32% Sale 90% 95 85 56 May 27% May May % May 49% "50% 48% May % May 67% 69% 58% May 79 78 83 May j78 May 14% "14% 13 May 19 20 20 13 21 12 20 4 19 20 60 37 85 2 54% % 70 80 87% 15% Feb. Feb. 3 Jan, 3 147% Apr. 9 116% Feb. 15% Jan. 3 14 Mar. 31 175 30% Jan. 122 Jan. 3 3 53% Mar. 19 Jan. 2 Jan. 14% Jan. 3 22 68 120% 95 Apr. 7 99% Jan. 27 107 44 Apr. 8 Mar. 9 Jan. 2 Apr. 19 3<)ff Jan. 5 83 Mar. 30 72 Jan. 3 100% Jan. 115% Jan. 13 5 Jan. 13 Mar. 22 85 50 93% Jan. 19 Apr. 14 Jan. 20 106% Mar. 22 105 Apr. 12 52 Jan. 5 100% Mar. 18 283 Jan. 5 7 97% Jan. 95 Apr. 30 Jan. 105% Jan. 2 29 61% Jan. 21% Jan. 9 165% 3 9 59% Jan. 66% Apr. 6 Apr. 15 A wi 125 176% Jan. 3 Jan. '17 Jan. Jan. 7 Jan. 8 8 Jan. 6 all40 7 al570 Mar. 15 3 103 114 Feb. 11 27 63 May May 51% May 23% May 9 May 20 May 103% Feb. 3 98% Feb. 60 19 May 5 181 10 10 40 Apr. 17 39 May Mar. 6 114 6 104% Apr. 1 Feb. 6 17% Feb. 77% Feb. 81% Feb. 3 97 3 105 6 11 Jan. May 7% May 88 5 93 5% Feb. 93 Feb. 6% May 12 20 May May 4 65 Feb. 56% May 93 May 6 62% May 5 100 May 10 40% May 40 May 14 5 117% Feb. 111% 102% Jan. 102% Feb. 114 Feb. 78 6 14% May 29% May 80 May 98 May 30% May 28 May 7 3 6 5 9 6 3 24 5 9 1 Mar. 20 62 Jan. 100 4 12 8% Mar. 26 129 Apr. 7 9 11% Jan. 26 Jan. 6 29% Jan. 12 28% Jan. 85% Jan. 28 Jan. 3 46 75% Jan. 69 4 Jan, Jam 15 101 6 Jan. 1% Jan. 32% Apr. 96% May 5 4 6 50% Mar. 25 43% May 17 135 Apr. 19 11 18 Jan* 118% May 93% May 15% May 68% May 26 May 3 9 102% Jan. Feb. 6 15 148% Apr. May 49% Feb. 93 27 3 74% Jan. 24 May 27 8 19% Jan. 30% Jan. 15 96% Apr. 105 64% Sale 60% Sale Feb. Mar. 12 61% Jan. 101 75 11 May 19 May 4 May 4 95 May 4 7 May 12 121 7 May 9% May 11 6 15% May 6 24% May 26 May May May 85% May 3 6 10% 19 88% 15 55% 20 118% Feb. 6 6 18 17 84 48 5 6 1% May 21 109 May May 95% May 37 May 12% May 48 May 7 24% May 20 96% May 98 20 May 3 101% M ay 4 20 Apr. 4 92% 10 209 10 3 28 Jan. 86 4 Jan. Jan. 95 96% Jan. 16 43% Apr. 1 45% Jan. 28 103% Apr. 16 2 128% Jan. 105 Apr. 9 86 6 11 92 54% 6 19 109% May 15 Z 53% Jan. Mar. 10 123% Feb. 29 102 May 77 Feb. 6 18 Mar. 29 Jan. 12 1 88% Jan. 2% Mar. 24 Mar. 31 72 227 May 21 "l3" ""May "5 11% May May 10 140% May 6 95 Feb. May 20 20% May 8 15% May 5 May 24 101% May 85% May May 20 44 Feb. May 15 38 May 20 62 Feb. May 10 53 May 24 92% May 6 80% May May 24 12 May 5 10% May Feb. May 20 66% May 28 74 May 19 95% May 27 91 Apr. 28 82 Feb. May 20 98 May May 15 100% May 15 100% May 28 May 28 38 30% Feb. May 3 15 May 11% Apr. May 26 May 20 24% May 5 16% Feb. May 24 80% May 12 74% May May 20 62 May 10 56% May May 21 94% May 19 89 May Feb. May 19 101% May id 86 May May May Mar, 31 46 39 Feb. 40% May 74% FeD. 101 May 84% May 170% Jan. 35% May 89% May 124% Feb. 106 May 39% Mar. 80 ;35 Sale Sale Sale 98 68 1220 12% 19% 74% 56% 86 124 Sale 120 66% 100% 739% Sale Sale Sale 87 87 127 Sale 148 10% 75% 91% Feb. 25% May 61 3 May 7 64% May 19 1% Ma> 4 1% Feb. 15 103% May 6 30% May 6 74% May 76 10 May 5 84% May 6 90 250 Sale Bale Sale 57% 80% 38 ;220 63 ..... 73% Sale 120% 15% 85% 41 59 89% Sale 11% J,17/8 83% Sale 102 Sale "11% 100 ... ....... 75 7,161,700 114% Sale 11,100 101% Sale 93. 95 4,243 10,400 600 3,500 44,900 12,900 494,800 Sale Sale Sale "36% Sale" Saie 3,911 9,875 116 % Sale Sale 305,700 168 70 73 5,050 14,600 100 97 75 200 1,900 30% 36% 64% 66% 1% 2% 96 % Sale 04% 200,151 220 280 21,100 250 96 91% 97% !• 9,068 94 350 113% 1,549,100 165% Sale" 9,700 37 53,700 66 % Sale 16% 18% Sale 106,200 51 57 9,600 62 67% 646,700 63% Sale 32,150 36 76,474 61H Sale 63 74 4,820 1% 300 100 May 29. 455 33,520 1,700 1,668 933,600 1,100 3. Atk. Bid. 85 169,7001 139 100 May Bid. 105 5,450 107% 110 39,800 2,100 14,900 1,920 32,900 ..100 * 14,400 100 Butte 1% 2% 200 Brunsw'kTermARySec 100 Burns Bros 299,350 100 Brooklyn Edison, Inc. 100 Bklyn Union Gas——.100 Brown Shoe, Inc.—...100 71% 84 % 461,950 ~12% Sale 94 100 46,904 136,900 29 % Sale 205,800 120% Sale 46 A Sale 33,900 68 Sale 10,500 117 Sale 1,037,400 38,600 77"" Sale" 266,500 14,400 102"" Sale" 935,700 104 a Sale 4,460 5,800 41% Sale 198,800 27% Sale" 390,100 82 Sale 6,200 70 Sale 20,666 700, Bethlehem Steel Corp. 100 Class B common—.100 Preferred 100 Cum conv 8% pref—100 Booth Fisheries.—.no par Sale Sale Sale Sale Sale 17,719 370,500, 140%:Sale 115 1 Sale 5,900 60 ;Sale 56,600 700 par 43 % 101 26 Batopllas Mining......20 Bethlehem Motors Sale 300 Austin,NicholsACo.no par Auto Sales Corp..—..—. Preferred... 50 Baldwin Locomotive.. 100 Class Atk 32 318,000 91 9,750 37,000 91% 95 4,400 6,050 1,300 94 263,500 161,500 123% 3,712 2,850 630,300] 65% 300 1,600 82,000 .100 1920. Bid. 51% Sale 29,900 1,550 4,700 Associated Oil. 100 Atl Gulf A WISS Line. 100 Preferred...... 100 Atlantic Refining.....100 Preferred 100 A T Securities Corp.no par Barnet Leather.... no par Barnsdall Corp,Class A.25 Share*. 4,700 14,710 4,300 5,900 12,100 12,400 900 Preferred.. SINCE Jan. 2 Since Jan. 1. preferred...—.100 preferred 100 ^ RANGE Price *bou EXCH'OE May 2d PRICES IN MAY. SALES TO JUNE 1 STOCKS 6 6 Mar. 26 Jan. 24 104% Jan. 108% Jan. 61% Jan. 5 5 Jan, 7 62 3 164% Mar. 29 111% Apr. 8 3 21% Jan. 3 41% Jan. 106 Jan. 3 104 Jan. 24 40% Jan. 2 8 44% Jan. Apr. 21 Apr. 105 50 May May 5 4 27% May May Apr. May 20 85 % May May 4 Feb. May 5 44 8 % May May May 26 55% Feb. May 18 *76% Feb. Feb. May 6 75 May May 6! 13 67 Jan. 9 65% Jan. 5 92% Jan. 14 2% Apr. 24 56 Jan. 6 Mar. 22 MMay 8 83% Apr. 1 93% Mar. 22 20% Jan. 5 June, 1920.] stocks-stock exchange record SALES TO JUNE 1 STOCKS n v stock PRICES IN Par. Since Jan. 2 May Jan. 1. 1920. Shares. Sharee. In, Consol Textile no par Continental Can Inc.. 100 Preferred 100 Cont'l Candy ctfs_.no par Continental Insurance..25 Corn Products Refin__100 Preferred 100 Cosden & Co no par Crex Carpet 100 Crucible Steel of Amer. 100 Preferred 100 Cuba Cane Sugar..no par Preferred Cub an-Amer Sugar Preferred Cuban Amer Sugar DeBeers Cons Mines 100 59,900 19,600 400 26,700 100 257,300 3,000 18,300 202,400 800 116,500 14,800 100 101,650 2,000 204,400 1,505 1,528,400 91 15,920' 108 200 10 108,300 no par 400 Sale 110 Debenpref (7%) General Electric no Preferred par 61V, 000 100 3,000 6% debenture stock 100 7% debenture stock 100 Goodrich (b f) .100 12,325 4,700 38,700 3,200 1,400 3,400 5,513 5,000 Preferred 100 Granby Cons m, s <fc p. 100 Gray & Davis, Inc—__25 Greene Cananea Copp. 100 Gulf States Steel tr ctfs 100 1st preferred 100 Hartman Corporation. 100 Haskell & Barker c.no par Hendee ManufacturinglOO Homestake Mining 100 Hupp Motor Car Corp. .10 Inaiahoma Refining 5 Inspiration Cons Cop..20 Int Agric Corp v t c 100 100 t c Internat Harves, new. 100 44,400 39,600 16,300 1,700 Preferred 100 Int Motor Truck...no par 1st preferred 2d preferred Rights .100 100 Nickel 900 20,137 61,500 25 100 300 International Paper...100 74.400 .100 i",o66 Iron Products Corp.no par 16",500 Jewel Tea, Inc Preferred 100 2,100 100 .100 1,000 Kayser (Julius) & Co.. 100 700 Jones Bros Tea Inc 1st preferred 100 Kelly-Springfield Tire..25 Preferred 6% 100 Preferred, 8% 100 Kelsey Wheel, Inc 20 85 4,400 196,520 141 Sale Series 500 100 14,700 300 700 3,700 400 5,000 200 100 b 100 Incorporated.no par Loft Incorporated_.no par Loose-Wiles Bis tr ctfs. 100 1st 100 21,260 Preferred Loews 46,300 34,400 800 200 (p) 100 7.200 Preferred. 100 400 100 500 100 2,100 2nd preferred Lorillard Mackay Companies Preferred Mallinson(hr)&Co Manati Sugar 100 7,500 14,400 10,050 100 """966 par 200 Parry Corp.no Rights par 4,310! 21 Sale Sale 130 155 90 94 60 63*4 84 2 Sale 300 Sale 29 95 63 65 91 93 145*4 Sale Sale Sale 37 41 37 40 Sale 30 Sale Sale 97 56** Sale 90** 97 Sale 86 ■21* 75 78 73*4 Sale j 86 90 65 Sale 91 Sale Sale 64 19 Sale 89 Sale 81 82 132 Sale 112% 113% 49% Sale 109 % Saie 18** Sale 7*4 Sale 52*4 Sale 20 24 79*4 Sale 125 Sale 109** Sale 32** Sale 85 Sale 107*4 Sale 76 80 64 68 24% Saie 5*4 Sale 20** Sale 90 93 80 81 Saie 20 49*4 20 40 20 93*4 18 100 13 24 28 70 20 99*4 24 105 24 42*4 20 60 24 148 17 96** May May May May May May May May May May May 55** May 81*4 May 565 May 21 100 May 19 60*4 May 27 36** May 21 96** May 7 97*4 May 10 19 May 19 50 May 95 11 May 24 22*4 May 26 43 May 14 21 May 14 80** May 27 112*4 May 18 99 May 24 63 May 20 74% May 20 86 May 19 14*4 May 20 44** May 20 131 May 26 104*4 May 20 33*1 May 20 23*4 May 20 13** May 24 51 May 28 155 '91" Sale 145** Sale 11*4 11 '49" "56" 92 Sale 84 85 Sale 69*4 Sale 72 Sale Saie 57 Sale 42 70 Sale Sale Sale 29 Sale Sale 102" Sale" 80 Sale 98% Sale 30% Saie 44% Sale 38 Sale 23*4 Sale 100 Sale 110 Sale 80 95 102 Sale 99 70 27*4 Sale 30*4 Sale 147 81 112 86*4 May 60 May 79** May 134 May 1 May 280 May 24% May 73 May 68*4 May 80 May j 58 *4 May 89*4 May 36*4 May 22 May 28*4 May 55*4 May 90** May 81*4 May 59** May 30 May 54*4 May 14*4 May 6m May 48*4 May 16 May 77** May 118 May 106** May 28** May 79% May 50 May 74% May May May 15% May 82 May 62** May 35 36 % 101 Sale 100 71 22 22 25 20 19 3 24 25 21 3 20 24 20 20 20 20 27 20 20 21 22 20 25 24 20 24 20 17 24 24 19 19 20 22 20 5 20 41*4 May 8 May 32 May '26" 23** 20*4 May 100 May 105 May 109** Sale 98*4 May 84 98 85 May 90 99 98 May 55 65 53*4 May 90 May 28 Sale May 28*4 Sale May 147 May 3i8 101 105 Sale Sale "30*4 Safe" i'29% Sale 207 150 38 160 165 15*4 Sale 108 Sale 30 210,500 27** 68 19,700 99 1,500 1,100 106 31,555 183% 1,300 110}* 2,6001 66 64 90,375 135 Safe" 70 10*4 Sale 9,900! 800 5,300 1,700 1,600 1,300 600 17 50 Sale Sale Sale Sale 96** Sale 102 Sale 29** Sale Sale 50 103 112 105 125 iiti Sale 114 136 Sale 139% Sale 104 108 98 106 64 70 64 Sale Sale 60 100 70 64*4 Sale 62 31 35 25 75 80 70 Sale ;123 123 93 99 93 125 62 29 78 131 92 May 63** May 84 May 145*4 May ~ "" 18 3, 28 6 7 5 13, 10, 4 17 17 11 25! 19 27j 3 25, 4: 19, 6 3 25 26 56*4 58*4 23 27 1*4 Sale 31*4 Sale 31** Sale 61 63 30 Sale 30 35 25 Sale 21 Sale 31 '34*4 40 35" 25 Feb. 27 46 78 Feb. 13 98 100 Jan. 101 30 66** 40 28*4 32 63 90** 86*4 68 41** 60 19*4 8% 54 22*4 May 86 May 129 May 109** May 34*4 May 87** May 107*4 May 80 May 66 May 7*4 May 20** May 83 May 75*4 May 73 May Feb. 52 May May 37 May j26% May 160 May 8 May 63 100 May 27*4 May 14 May 44 May 96** May 105*4 May 131** May 103 May 64 May 60 May 31 May 73 May 121 May 19 106 Jan. 20 60*4 May 19 36** May 27 101 May 21 May 7 108 9% May 19 13 50 May 19 67*4 93 May 11 102*4 18 May 24 28 97 Feb 9 Mar. 30 Jan. 3 Jan. Jan. 12 13 Jan. 2 33 Feb. 17 45 Mar. 25 20 Feb. 6 29 Jan. Jan. Jan. 6 6; 22 6 6 78 May 86 May 93*4 May 62 May 65*4 Feb. 80 May 14 Jan. 10 14 26** Jan. 3! 100*4 7| 97*4 6 Feb. Feb. 27*4 May 6 14 91 27 147 18 104 24 83*4 11 95 20 91*4 6 16*4 13 Feb. 11 29 28 4 11 4 11 19 5 5 29 10 24 42 25 89** 85** 21 3 94 20 85*4 24 102** Feb. 25 55*4 Feb. 8; May 25 May 24 Feb. 13 Feb. 11 2 Mar. 20 Mar. 26; Jan. 3 6 Jan. Apr. 20 5 Jan. Jan. 8 9 19 14 19 Jan. 12 24 3 5 111*4 Jan. 170 Apr. 7 Feb. 71 Apr. 9 7 Feb. Jan. 5 Jan. 27 Jan. 9 Jan. 10 5 Jan. 6 5 106 Feb. 9 May 20 152*4 Jan. Apr. May 19 91 Feb. 13 105 May May May May 20 13 20 20 Jan. 14 155 Apr. Jan. 95 Apr. 98*4 Jan. 33 Apr 48 16 98 Jan. 17 102 Feb. 26 Jan. Jan. 43 Apr. 28 207 6 9 2 7 5 31 Apr. MayilO 5 Mar. 15 38*4 Jan. May 28 18 Anr. 30 155' May 19 109 j 5 21 16 91** Jan. May 22 May 20 Feb. May May May May May " May 5 Mar. 18 Apr. 15 3 Jan. 118 Apr. 16 May Apr. 29 7 Jan. Jan. Jan Jan. 6 10 8 Apr. 30 Jan. 31 11 36 Apr. 12 24 21 28 Jan. Jan. 70 3 3 Jan. 5 3 100 19 115*4 Jan. 19 2 19 183** Jan. 8 ~~ 110*4 Jan. 27 7 Feb. 16 69** Jan. Apr. 22 64** Mar. 22 Mar. 2q May 22 45 May 17 80** Apr. 27 Feb. 11 151*4 Apr. Jan. 21 102 14 33*4 Jan. 5 63 % May 18 Feb. 4 18*4 Feb. 15 May May 30*4 May 15 May 21 20 24 37 20 3 19 22*4 May 19 1** Apr. 19 29 3 5 Jan. Apr. 24** May 29 55 3 84 95 25** May 10, 21*4 May 10 45*4 May 12 41 May 8 21 May 11 3 5, Jan. Feb. ** May-22 May 10, 100** May 4; 63 May 28 37 26** May 8 11 160 May 111 160 8 28 15** May 5| 155** 100 May 19, 102 20 31*4 May 25*4 14 24 17*4 May 41' 50 21 May 96** 3 96** May o 19 105** May 20 105*4 19 143 May 7i 131** 27 104 May 18 103 6 64*4 May 4 64 24 62 May 3, 60 22 31 May 22 31 17 74 May 21' 73 3 136** May 12 108 24 Jan. Jan. 9 23** Apr. 6 9** Apr. 8 61*4 Apr. 27 14 Apr. 88*4 Apr. 15 142*4 Apr. 13 15*4 May 20 26** 88 82 May 62** May 20 91** al00 al00 Apr. 15 70 Feb. 16 79*4 67*4 Apr. 27 71 36*4 Feb. 1 61*4 8 May 21 21** 32 May 28 45** 20*4 May 22 30 May 3 May 26 100 May 3, 100 105 May 5; 105 114*4 May 5 98*4 87 May 8; 85 99*4 May 8; 96 72 May 10; 53*4 90 May 13; 90 24*4 28*4 May 4 32** May 6; 21*4 147 May 3 145 7i 18 12 12; 18 Mar. 11 Jan. , May 38 15 Mar. 30 Feb. 17 May 17 115 Jan. Feb. 51*4 Jan. Feb. 7 Apr. 46** Apr. 71 Feb. 10 11 11 3 24 6, 5 ' Feb. 10 11 10 10 112** 106** 3 2 Jan. May 20 28*4 May 20 55*4 Apr. 29 90** May Jan. 81*4 May 20 108 Feb. 13 77*4 Apr. " 6 Jan. Jan. 49** Jan. Jan. 38] 84*1 Jan. Feb. 92] - 3 Mar. 24, 17 410 May May % May May May 4 May 1 j an. 2 2 44% May 14 13 134*4 Mar. 20 16 108*4 Mar. 16 Jan. 3 20 48 Jan. 5 20 36 j Jan. 5 19] 20 May 13 24 51 20 May 11 May 49*4 May 159** Apr. 20 192 20! 86*4 May 22 100 28 58*4 Feb. 11 75*4 5 79** May 25 94** 29 May 20 172 3 3% May 19 4 24 May 56 May 23*4 May 2*4 May 32*4 May 9 5! 3 49** May 15; 9*4 May 27i 28 15 13 64 92 19 102 19 83** 22 38 20 32 j 24% May 29 55 May 18 22*4 May 19 1% May 4 30*| May 10 21 May 3 15 May 21 37 May 20 30*4 May 24 15 May 21 3 May 19 May 27 36 98 101 Jan. Apr. Jan. May 24 Feb. 100 6 92 26 107 43% Apr. 29 Apr. 17 7 115*4 May 24 278*4 Apr. 95 Jan. 7 May 17 100 39*4 Feb. 26 59*4 Apr. 14 79** May 28 85 % Jan. 21 400 Jan. 9 605 Apr. 17 , 55 5 May May May May May May May May May May May May May May May May May ** Apr. 26 9 Apr* Jan. 22 Apr. 16 Apr. 29 102** 10*4 May 24 14*4 70 Apr. 29 82 76** Feb. 13 105*4 2l! 99 ;245* Sale 7,900 1,720 18,400 1,900 56,900 15,900 12,700 7,500 4,000 3,000! 102 3 21 28 22 8 5 20 19 13 20 13 20 20 3 §6*4 166" 71*i 80 May 20 47** Sale Sale 88% Sale 502,800' 200 Maxwell Motor tr ctf. 100 l8j8 Sale 59% Sale 4,700 202 56,094 14,900 Mathieson Alkali Wks__50 preferred tr ctf. .100 Certificates of depos 2d preferred tr ctf 100 Certificates of deposit 101** 27*4 Sale 300 .25 1st 115*4 104 Sale 100; 567 Certificates of deposit. 116 "59" "61~ 400, 100 688,690, 2,000; 85,810, 13,200 2,686 Martin 35** 115 80** Sale 64*4 400 143 no Manhattan Shirt.. Marlin-Rockw v t c 13 37 Sale 60% Sale 156,210 144 267 .100 10 200 100 Preferred 84 *36 Sale Sale 79% Sale no par Preferred 80 15 100 "l",5l6 100 100 preferred Sale 10 37*4 Sale 71 70 95,000 ... 100 40 106,400 16% 26,600 42 7,200 26 9,400 2,850 115 """300 Rights 67 76** 1,500; 100 Liggett & Myers Tob__100 73*4 Sale 84 Sale Sale ~~90% 9,607' 100 .no par 71 Sale 2,222,550! 900: Laclede Gas (St Louis). 100 62 Sale Sale Sale Sale 92% 93*4 61 Sale 88" 20,900 83% 110,675 24,500, 81% 425,600 32,800 102 51% 18,025 48 16,600 38 19,463 79% 81,300 78** 86*4 Sale 85 104** 32** 22*4 13*4 44% Sale 34% Sale 17 x Sale Sale 63 130 337,200 465,100! 800! Lee Rubber <fc Tire, 26% Sale "89** 98 135 100 Steel "9% ~15~ Sale 98*4 Sale 110 41,700 50,500 Preferred 83% Sale 88 % Saie 80** Sale 103 4,300 105 100 Lackawanna 92 15,200 125 Copper_.no par Keystone Tire & Rubb-10 Kresge (s s) Co__.._.100 Kress (s h) & Co 100 Preferred Kennecott 93 May May May May May May May May May May May May May May May May May May May May May May May May May May May May May May May May May May May May May May May 34 " Preferred stamped..100 International Salt 100 - 50 20 13,100 278,100 25,300 3,300 299,550 41,700 348,100 30,200 17,500 126,000 9,230 698,500 473,300 31,740 14,400 9,855 20,537 503,800 1,950 786,350 Internat Merc Marine. 100 10** 15 500 500 9% 23 300 100 new 97 21 1,800 200 2,885 185 99 100 3,280 73 % Sale 72,300 94 Sale 11,710 86,850 171*4 Sale 149,888 Sale 1,650,700 338 1 92 Sale 96.310 i 97 100*4 29 399,400 143,000 500 36 18 200 34,850 13,700 46,200 2,500 3,500 18,600 52 37 12,954 103$* Sale 42,900 6,500 97 105 100 36*4 21 268,900 40,482 7,700 35,700 100 93 96** Sale Sale 40 32,000 6,932 3,200 14,050 3,700 2,100 49,100 14,000 11,100 Rights Gen Motors Corp. 79** 19*4 par lou 48 33 800 100 35*4 9*4 95 500 166" 103" 56 100 Sale 43 200 5,200 1,960 18,650 61,337 s* 33 25 ""'930 Highest. Sale Prices. 22*4 Sale 700 100 Lowest. Sale Prices. 45 16,700 2,200 100 80 Sale 2,500, 1,400; 100% Sale 52,890, 26 % Sale 97 49*4 Sale 100 50 10q 90 500 100 General Cigar, Inc Preferred 1. Highest. IW* 70 Sale 112 100 General Chemical Preferred International Preferred JAN. Sale Prices., 88 93*4 Sale 104*4 103** 30 34*4 Sale 56 53 56*4 134*4 Sale 115*4 80 420 5,100| 1,800 Sale 390 900 Preferred, SINCE Lowest. 104 48*4 Sale 1,120 106 108,300, 400, 2,150, 100*4 Sale 117 467j 110 12H 13 24,300 100 par 104*4 Sale 145 Emerson-Brantingham 100 par Sale Sale 1,518,400; 219 8.520! 52% Sale 842,900 83 % Sale 56,350 38j par 110 13 "95** Safe" 65 56 3,400 no 86 ** Sale 300 Freeport Texas Co. .no Gas,Wms&WIg,Inc.no Sale 13*4 Sale 4,400 Gen'l Am Tank Car 35 84 Sale 262 100 Sale 58 500 100 40 41 13,850, Ash 90*4 Sale 85 50 50 v RANGE Sale Prices. May 29. Bid. Sale Sale 1,670 2,700 Preferred 100 Fisher Body Corp_.no par Preferred 100 Fisk Rubber 25 Ask Sale 85 300 ... May 3. Bid. 100 50 Preferred Endlcott-Johnson— Preferred Fairbanks Co (The) Fam Players Lasmey no Preferred Federal Min <fc Smelt.. Ash 29,200 ' 300 100 Preferred Elk Horn Coal Corp Preferred Bid. 31 466,100 200 Deere <fc Co Dref 100 Detroit Edison 100 Dome Mines Ltd (The). 10 Durham Hos Mills "b".50 Preferred MAY. Price about exch'qe Temp'y certifs 31 Feb. 13 Feb. 8 8 30*1 Jan. 2*1 May 12 32*1 May 18 38 Apr. 8 5 35*1 Jan. 5 63*1 j an. Jan. 6 21| 30*4 Jan. 10 13| 10 62*4 3014 Jan. [VOL. 110. STOCKS—STOCK EXCHANGE RECORD N V Par May Dept Stores Preferred In Since Jan. 2 May Jan. 1. 1920. Share*. 100 7,600 100 300 Copper Middle States Oil Mid vale Steel <fc Ord._ 5 11",700 10 147,800 69,400 3,100 50 Montana Power,,.—..100 Preferred 100 2,s6Q 4,900 26,100 2,610 2,000 200 400 7,000 7,300 153 10,600 750 13,800 6,100 4,500 500 2,600 9,000 2,400 stock. 100 Nova Scotia Steel <fc C. 100 NunnallyCo (The) .no par Ohio Cities Gas (The). 25 56,200 700 Supply-.-— 25 51,950 lief of Amer 5 Ontario Silver Mining. 100 Okla Prod & 2,900 3,100 14,000 3,900 2,800 5,300 no par Bottle-Mach— 25 Pacific Development Pacific Gas & Electric. 100 Pacific Mall SS 6 Pacific Tel & Tel 100 Pan-Amer Pet & Tr... 50 Class B stock 50 Parish & Bingham_.no par Penney (J C) Co, pref.100 Owens 300 6,800 849,600 108,500 3,000 350 Penn-Seab Stl v t c no pai 26,800 Coke. 100 Pettibone-Mulliken... 100 Philadelphia Co (Pitts) 50 Phillips JonesCorp.no par 19,300 People's Gas L & 100 23,100 600 100 100 Phillips Petroleum.no par Pierce-Anow Mot C no par Preferred 100 Pierce Oil Corp'n 25 8,800 238,000 Preferred 600 59,600 3,300 4,900 Pittsburgh Coal (of Pa)10o Pittsburgh Steel pref—100 Pond Creek Coal 10 Pressed Steel Car—..100 100 Preferred Pub Serv Corp of N J.-100 Pullman Company 100 Punta Alegre Susrar 50 Railway Steel Spring.. 100 Preferred 100 Rand Mines, Ltd_.no par Kay Consol 200 3,700 21,100 400 100 6,000 118,700 5,100 700 600 18,600 Copper— 10 Refs (Robt) & Co ..no par 1st preferred 100 Remington Typew vtc 100 1st preferred v t c—100 2d preferred .. .—.100 Replogle Steel no par Republic Iron <fc Steel. 100 Preferred —100 Repu blic Motor Trk ^ no par Royal Dutch Co N Y sh s 300 500 11,500 200 k 155 204,000 334,800 1,500 3,100 249,800 100 American shares 10 St Joseph Lead Savage Arms Corp 100 Saxon Motor Car., no par Bears Roebuck & Co.. 100 Preferred 100 Shattuck ArlzonaCopper 10 Shell Transport & Trad.£2 SinclalrConsOilCorp no pai SlC88-SbeffieldSteel&I_ 101 3,600 5,200 35,300 2,950 "3", 500 90,100 514,700 9,500 100 300 Bo Porto Rico Sugar.. 100 1,000 100 10U 100 Standard Oil of N J —100 Preferred 100 100 Preferred Preferred Standard Milling Preferred Rights . 200 100 Preferred - 1,527 32,550 64,004 (7%).. 100 100 Stewart Warn Corp.no par 11,500 30,500 681,766 Stern Bros pref Stromberg Carburet no par Studebaker Corp (The) 100 Preferred 100 100 100 100 7,800 Temtor C & F,pf A.no par 1,600 20,150 Superior Steel 1st preferred Tenn Cop A Chem.no par Texas Co (The) 100 Subscrip rects 30% paid Subscrip rects full paid. 200 150 Subscrip rects 60% paid 600 (The;..25 Trust. 100 508,000 Texas Company Texas Pac Land 125 100 300 Tobacco Prod Corp—100 38,200 Tidewater Oil Preferred Transcon Oil ctfs_.no 100 700 par 68.0Q0 8,000 Transue & Wms S teel r-opar Underwood TypewxlterlOO Union Bag A Paper new IOC Union 0;I_ no par United Alloy Steel_.no par United Cigar Stores ...100 100 United Drug 1st 50 preferred United Dyewood Preferred ' 400 No Amer Co new 100 —100 100 United Fruit United Detail Store* no nor May Auk Sale 110 % Sale 2,108,000 1,850 103% Sale 25 Sale 55,0.65 1,954,000 63% Sale 50% Sale 479,640 Sale 20,200 Y 65 3,610 100% 103 67,650 48 " Safe 51,600 37 Sale 37,400 217 17,700 NatAnillne&Ch vtcno pa? Preferred vtc—...100 National Biscuit....—100 Preferred 100 Natl Cloak & Suit 100 Preferred 100 Nat Coiid't & Cable no par Nat Enamel & Stamp. 100 Preferred 100 National Lead..—...100 Preferred 100 Nevada Consol Copper 5 New York Air Brake.. 100 New York Dock..—..100 Preferred 100 Bid. 40,900 127 2,600 104 200 ... Montg Ward & Co—no par Mull ins Body — National Acme 50 Preferred Shares. 302,700 Mexican Petroleum—100 Preferred —..100 Otis Elevator Otis Steel RANGE SINCE MAY. JAN. 1. Price about STOCK EXCH'QE Ohio Fuel PRICES IN TO 1 J SALES STOCKS 200 4,700 39,900 7,300 51% 3,859 1,800 Bid. ' 3. Ask 125% Sale Sale 1Q2 170% Sale 92 20,100 238.800 Bid. 114 Ask 118 100% 102 176% Sale 95 Lowest. Highest. Sale Prices. Sale Prices Highest. Sale Prices Sale Prices. May May 20 131 May 100% May 14 102 164% May 20 190% May Ill Ill May 20 137% Apr. Jan. 100% May 14 107 19 12 161 Feb. 11 222 Jan. 3 88 Mch. 13 105 Jan. $ " Safe 26 Jan. 618% May 24 18% "May" 21 22% May 21% Sale 6= 26 71% Jan. Sale 22% Feb. 6 24% May 27 33% May 33% Sale 0 52% Jan. 40% May 24 42% Sale 43% Sale 40% May 24 46% May r 59 69% Jan. May 19 62 65 59 May 19 63% May 63% Sale 95 Mav 4 100% Jan. & 95 98 * 95 95 95 Sale May May 4 Mar. 25 30% May 3 40 32 Sale 32% Saie 30% May 3 34% May 51 Jan. o* 39 Sale 32% May 24 40 38 40 May 32% May 24 Mar. 19 32% May 24 40 36 Sale ;'34 34% j'32% May 24 36% May 44 Feb. 13 67 Sale 72% Jan, Z 54 70 Sale May 20 67% May 62% Sale 199,200 83 Feb. 13 90 98 91% Apr. 17 83 85 Sale May May 13 87 89% Sale 16,110 3 125 Jan. 106% May 20 113% Sale 106% May 20 113% May 16,322 Jan. 9 108 May 8 116 Sale 108 May 8 111% May 4,200 115"" Sale" 111 80 3 63 Feb. 26 Jan. 63 68 63 65 73 78 80 May 19 63% May 6,500 98 94 92% May 25 102% Jan. 13 105 90 98 92% May 25 97% May 1,450 102 7 13 8 Feb. 6 Apr. 9 10 Sale May 20 10% May 57,000 263% May 20 89% Jan. 72 Sale 85 Sale ;63% May 20 75% May 89,000 7 92% May 27 102% Jan. 93 99 102 92% May 27 92% May 1,898 100 77 Sale 74 72% Feb j 26 93% Apr. 12' 79% Sale May 20 82% May 82% Sale 148,400 3 Jan. *100% Feb. 21 110 ;100%104% *100% May21 104 103% Sale May 4,250 5 13 17% Jan. 11% May 24 13% 11% May 24 13% May 13% Sale 16% Safe 47,200 5 92 Feb. 13 117% 92 y± uan. Jan. 95% Sale May 20 103 May 55,500 114% Sale 3 30 Feb. 10 "32 36~" 32 48% Jan. Sale 35% Sale May 26 38 May 28,550 48 3 61 Jan. 45 Feb. 11 48 51 50 40 55 58 63 May 4 51 May 6,025 48 Jan. 28 52 48 May 20 58 53% Sale May 20 53% May 54% Sale 19,300 5 52 Sale 73 Saie 77% Jan. 49% May 21 49% May 21 61 58% Sale May 82,600 20 Sale 16% Sale 16% May 19 22% Apr. 17 16% May 19 20 May 12,800 3 37 48" " Safe" May 20 50% Jan. ;38% Sale j37 40% Sale May 20 41% May 371,340 8 44 Feb. 13 55% Apr. 52% Sale 47% May 25 52% May 51% Sale 5,100 15 *5% Mar. ""4% Sale" 3% 3% May 20 4% Sale May 20 4% May 236,950 6 5 7 Feb. 19 8 7% 9% Apr. 6% May 12 7% 8 May 31,820 6 107 130 Sale 107 Sale May 20 157 123% Sale Apr. 1A May 20 136% May 21,270 140 5 21% May 20 41% Jan. 25% Saie 21% May 20 28% May 27% Sale 37% Sale 189,100 5i 2 65 3 Jan. 51 54 65 Sale 55 Sale 47% May 21 47% May 21 55 May 33,100 2 78 Jan. 64 Sale 70 Sale 78 Sale 3j 63% May 21 63% May 21 70 May 11,750 5 48% Sale 41% May 20 48% May 28; 41% May 20 61% Jan. 27,550 9 31 34 36 37% 30% May 20 33% May 12, 30% May 20 38% Jan. 5,900 43 37 Jan. 13 Mar. 18 11! 39 39% Sale May 21 41% May 37% Sale 20,600 Sale 92% Sale 103% Safe" 89% May 3 105% May 15) 71% Feb. 1' 116% Apr. 14 3,345,100 105 98% Sale 84% May 3 100% May 10! 67% Feb. 13 111% Apr. 14 88% Sale 404,800 100% Sale 30 6 4 30 35 37 May 21 47% Jan. 33% Sale May 21 37 44% Sale May 30,700 90 Feb. 28 98 90 May 12May 25 98 May 12 I,250 8 23 6 32 33 Sale 26% 36% Apr. 23% Sale 22% May 24 May 19% Feb. 25 126,375 Feb. 30 9 33 Sale 30 May 20 42 36% Sale May 20 36% May 28 37% Sate 90,300 44 Mar. 23 35 Feb. 11 35 20 35 50 May 20 35 400 May 36% Sale "36% Sale' 33% May 20 38% May 6 33% May 20 42% Jan. 10 39% Safe" 302,500 Mar. 29 60 68 50 57 57 57 May 20 68 May 20 62% May 11 3,100 86 86 86 91% 83% 87 May 13 92% Mar. 31 500 May 13 86 May 13 39 29 39 May 2938% Sale 37% May 27 37% May 27 May 8,800 45 6 45 "57" Sale" 51 Sale 3 May 24 61% May May 24 82% Jan. 2,183,000 "81% Sale 8 90 May 21 98 May 21 108% Jan. May 12! 90 5,750 15 6 8 15 *16% Safe" il6% Safe May 20 23% Jan. May 20 18% May 321,100 "19% Safe" 7 85 Sale 6 Jan. 81 93 Sale 81 86% Sale May 20 88 May 20 98 May 35,050 Sale 8 6 63 57 53 Sale May 20 59% May Apr. 58% Sale 51% Feb. 13 66 77,300 80 90 85 90 95 86% 86% May 19 86% May 19 86% May 19 91% Jan. 24 5,600 87 83 7 80 90 83 24 90 94 83 May 24 May 24 94% Jan. 83% May 3,170 17 17 Sale 3 16 5 15% May 24 17 26% Sale May 15% May 24 27% Jan. 46,600 Sale 84 Feb. 13 113% ;90 97% Sale May 20 102% May 10 Apr. 12 Y4 Api. 234,935 102 2 100 Sale 97 3 105 97 May 22 100 May 22 104% Feb. May 3,826 100 65 63 Jan. 28 63 May 19 63 May 19 68 May 19 1,400 113 Sale 112 115 4 108% May 24 124 Mar. 19 108% May 24 115 May 51,675 114% Safe" 101 Sale 98 74 Feb. 25 120 105% Sale May 21 111% May 12 Apr. 19 639,900 i94% Sale 91% Sale 97% Sale 88% May 20 97% May 29 98% Sale 88% May 20 106% Apr. 12 84,000 96 103 5 96 106 100 92% May 106% Feb. 20 May 2.430 104% 109% 92% May 28 29 28% May 27 28% May 27 600 28% May 27 28% May 27 6 22 6 Sale 16 Mar. 15 17% Sale 17% Sale 16% May 24 17% May 22% Jan. 136,075 19 22 17 19 18 4 21 18 May 20 Apr. 15 May May 20 23 1,450 77 83 80 81 83 80 May 14 81% May 12 May 14 84 Apr. 15 700 64 66 70 Sale 6 Jan. 3 58% May 20 76% May 90% Sale 58% May 20 94 66,000 89 2 89 May 21 92 May 20 May 21 100% Feb. 1,100 89 98 Sale. 21 8 89 89 May 21 98% Jan. 555 May May 21 79 4 4 Sale 86% Sale 81% Sale May 92% May 34% Feb. 20 92% May 1,025,100 50 94 Sale 6 3 90% Sale 84% 99% May 24 May 84% Feb. 27 124% Jan. 3,992,720 123% Sale 94 Sale 94 3 107 97% Saie 94 May 24 97% May May 24 106% Jan. 13 13,900 106 41 Sale 38 43 28 2 54% Sale 37 Mar. 4 May 24 May 55% Jan. 28,850 114 Sale 110% Sale 109% May 3 123% May 10 93% Feb. 11 123% May 10 1,454,060 102% Sale 26 115% May 26 115% May 98 ' Feb. 25 115% May 26 300 15 6 15% 16 May 13 16 14% Sale May 14% Jan. 2 17% Apr. 12 56,200 49 55 45 Sale 7 57% Sale May 19 59 45 May 6 May 19 83% Apr. 34,100 14 Sale Sale 6 9% Sale 8% May 28 14% 15% May 413,610 8% May 28 21% Jan. 13 215 Sale 203 216 Sale Sale 5 203 May 25 221% May Apr. 14 May 25 243 25,950 231 116 112% 114 Apr. 9 119% Mar. 11 1,775 113% 118% 10 9% Sale 8% May 24 11% Sale May 5 19,100 8% May 24 12% Jan. 77 Sale 75" Safe" Sale 72% May 20 81% 84% May 748,252 72% May 20 90% Jan. 28 Sale 5 35% Sale 32% Sale 28% May 24 37% May 28% May 24 48% Jan. 3,448,375 44% 66 61 74 Sale 64 66% Sale May 20 71 61 May 181,500 May 20 82% Jan. 26 89 90 91 85 89 Sale 90 May 21 91 Jan. 2.3 May 89 94% Apr. 19 1,800 280 250 265 300 250 May 21 290 Feb. 11 310 200 May Apr. 14 5,232 108 115 108 116 108 Jan. 5 857 112 May 18 108 108 May May 18 116 130 155 155 125" 100 Feb. 11 120 Apr. 12 3,220 139% Sale 85 85 78 ! 75 100 85 Apr. 13 Apr. 13 85 Sale 'a690 Sale a700 a625 May 21 a720 May a625 6,675 May 21 a8£0 Alar. 25 Sale 103 101 104% Sale May 24 105% May 101 72,940 May 24 113% Mar. 25 1% Sale May 25 2% May 2% May 12 64,004 % May 25 96 Sale 100 May 29 96 96 May May 29 May 29 96 42 Sale 37% May 20 45 42% Sale 119,500 May 37% May 20 51% Mar. 16 71 Sale 55 80 76% Sale May 20 50 Feb. 13 May 80% Sale 118% Apr. 8 489,000] 8 j 59 109% Sale j'68% Sale May 24 109% May 59 May 24 126% Apr. 4,626,990 110% Sale 97 97 31 May 7 97 100% Sale May 5,550 Apr. 22 101% Jan. 45 48 Sale 8 60 48% Sale 48% Sale May 20 51 41 Feb. 13 May Apr. 88,000 100 103 99 12 Jan. 550 101% 105 99% May 12 100 May 99% May 12 102 42 Sale 7 40% May 20 42% May 41% Sale Apr. 8,500 40% May 20 47 11 10% Sale 9% May 24 10% Sale May 176,8751 "l6% Safe" 9% Feb. 13 13% Mar. 31 Jan. 2 966,500 227 % Sale 166% Feb. 11 231 Mar. 22 9,100 156% Feb. 13 214 180 May 13 180 May 158 Feb. 11 210 Apr. 7 6,670 168 Sale 168 May 3 168 May 168 Apr. 14 1,340 May 3 204 45% Sale 43% May 20 50% May 47% Sale 6 650,800 43% May 20 50% May 320 400 330 500 500 May 19 330 240 Feb. 13 420 May 1,009 300 Apr. 17 190 Sale 190 200 210 250 Mar. 18 May 3 205 190 May 1,400 210 May 3 229 93 Sale 63% Sale 60% May 20 69% May 68% Sale 334,700 3 60% May 20 95% Jan. 80 90 85 Sale 7 May 12 88% May 85 Jan. 88% Sale II,700 102 May 12 106 15 Sale 15% Sale 13% May 24 16% May 5 13% May 24 38% Jan. 1,337,800 36% Sale Sale 52% Sale 48% May 25 55 3 May 53,100 48% May 25 66% Jan. 180 185 Sale May May 168 Feb. 14 200 3,700 190 Apr. 15 114 Sale Sale 90 95 118% J'73% May 22 127 14 ;81% May 34,500 Apr. 73% May 22 27 29% Sale 27 28% Sale May 24 31% May Jan. 6 36% Sale 496,650 May 24 38 41 Sale 52 43% Sale May 20 44% May J an. 43% Sale 5 57,900 40% Feb. 11 53 125 al30 175 130 175 225 May 27 al50 May 130 Mar. 16 130 Mar. 16 151% 125 134 Sale 3 Sale 128% 130% 121% May 24 134 Jan. 14' May 12,559 141 121% May 24 148 48 49 6 49% 48% 50 May 26 49% May Jan. 13 48 12,000 51% 52% May 26 53 21 • 96* 56 300 """166 Lowest. May 29. 300 90 139,3001 200% Sale 1,202,700 03 94 95 Salt* 1204% ' Sale 93 Sale 203 69% Sale FOR CONCLUDING PORTION 60 55 94 Safe 194 78% Sale 06 May 3 May 21 M av 3 94 213 May May 78% Mav OF THIS TABLE, SEE PAGE 10. 29 94 Apr. May 96 Jan. 9 176 Feb. 11 224 Apr. 14 64 Feb. 13 5 3 57% Mar. 29 OR 14 Jan. 3 33 General Quotations OF BONDS 1. AND STOCKS In following thirty-two pagea of tables, quotations are given for all the more important securities listed on any Stock Exchange in the United States; also for leading unlisted and inactive securities. 2. Quotations from all Stock Exchanges are as near as possible for the closing day of the month preceding the date of issue. As the New York Stock Exchange began with Jan. 2 1909 to quote all bond prices "and interest," we have adopted' the same method, and no longer employ a designating mark to indicate the fact except where there is a deviation from this rule. The reader will understand, therefore, that unless the letter "/" is prefixed to the price, he must pay aoorueds Interest in addition to the price. This, however, does not apply to income bonds or bonds in default, in which ease* the price iucludes the interest, should there be any. 3. The letter "/" prefixed to bond prices denotes that the quotation is a flat price—that is, that the accrued interestforms part of the price, and therefore the purchaser does not have to provide for it separately in making payment. Asalready stated in the case of income bonds and bonds in default, the price is always "flat," and no designating mark is< employed to indicate the fact. 4. Stock prices marked thus (d) are per share. All others are per cent except bank stock prices, which are quoted" per share unless otherwise stated. 5. It should be borne in mind in the use of these tables that the quotations for many inactive and unlisted securities are merely nominal, but in all cases the figures are obtained from sources which are considered reliable. 6. The following abbreviations are often used, viz.: "M" for mortgage, "g" for gold, "gu." for guaranteed, "end" for indorsed, "cons" for consolidated, "conv" for convertible, "s f" for sinking fund, "1 g" for land grant, "op" for optional. 7. The black-faced type in the letters showing the interest period indicates the month when the bonds mature. NOTICE.—All bond prices Bid. Bonds RAILROAD "and Interest" except where marked "f" and income and defaulted bonds. are Ask. BONDS Bonds Butte Anaconda&Pac 5s'44 F&A Conv 4 Ms 1933 red 1923 M&S 59 80 85 85 Ref &gen 5s 1995 SerA__J&D 61 70 10-ys 6s July 1929 J&J Eq g 4Ms 1920-Feb '22.F&A b Eq 4H9 1920-1923 A&O b Pitt Jc&M div 3 Ms g*25M&N 86 % 87 85 90 "80" 80 70 71 75 90 96 85 Refund 8.30 8.30 54 gold 4s 1941..M&N S W div 1st g 3Ms 1925..J&J Central Ohio 76 Reor 1st con g 70 % Rav 95 Pitts CI & Tol 1st 6s'22_A&0 Allentown Terms 4s 1919 95 49 H 50 Aro ostook 70 72 Atchison Topeka & Santa Fe— 74 H 64% 64% 75 "65 % 61 Trans S L 1st 61H 65 H 64 H 77 82 66% 69 71 If Series B. 84 80 57 80 84 46 48 Medford Ext 5s 1937...M&N 78 82 Piscat Div g 5s Jan '43._A&O StJohnsRlvExt gu 5s'39.F&A Van Bur Ex 5s g Jan '43. A&O 70 75 78 82 Carthage & Adiron—See NYC Catawissa cons g 4s 1948.. A&O Washburn Ext 1st 5s'39.F&A 66 72 C R la F & N—See B C R & N Aroostook Nor 5s g 1947A&O Nor Maine Seaport 5s '35 A&O Battle Cr'k & Stur—See Mich C 78 82 55 65 Central Argentine Ry Ltd— Conv g 6% notes 1927..F&A Cent Ark & East—See St L S W 1st g 5s 70 » Dec 1 1932 J&D 25 Birm 65 70 Birmingham & S E 6s 1961 M&N Birm Term 1st g 4s '57 gu.M&S ■ oston & Albany 5s Oct '63 J&J Ry. isv & N ashv 1 82 89 H 73 % 74% 62 % 63 55 60 68% 71 98 H 99 7H% 7% 92% 91 70 73 97 "78" 97 60 70 83 90 83 90 97 100 70 Aug 1942 3^8 Nov 1 1921 "90" 70 Ry. Augusta South—See South Ry. Aug Term—See Cbarl & W Car 80 Nov 1 1945..F&A M&N 10-yr 6% sec gold bds '29J&D Eq 4Ms July'20-Jan'26..J&J Chat Div gold 4s 1951..J&D Macon & Nor g 5s 1946..J&J 80 60 77 6%&- 1/ 62 94M 57.50% 5 7.50 45 1/ 1/ If 80 58 79 68M 8.37 78 82 77 M 75% 86M 7.75 70 77M Mid Ga & Atl 1st 5s 1947 J&J 81 Mobile Div g 5s 1946....J&J 74M 80 Chattahoochee & G 5s '30J&J 80 81 Central of New Jersey— Gen M (now 1st) g 5s '87 J&J AmD&ImpCo gu 5s '21.J&J 58 Leh 75 & W B Coal con g 91M 97 4s J&D 1925, '30, '35 72 N Y & L Br gen 4s 1941.M&S 94 58 General gold 5s 1941..M&S Central Ohio—See Bait & Ohio Basis 75M 67 Ceqtral Pacific—See So Pacific. 65 Charleston & Nor—See Caro Atl F&A 66 Charl & W Car 1st 5s '46..A&O 80 F&A M&N 52 Aug Term 1st gu g 6s '47 A&O Chateaugay Ry—See Del & H 90 80 West 78 Chattahoochee & Gulf—See Cen of Ga. 50 70 Chattanooga Sta 4s '57 gu.J&J Chesapeake & Ohio— 1st cons g 5s 1939 M&N General 4 Ms gold 1992.. M&S Conv g 4Ms 1930 op '15. F&A Gen fund & impt 4s 1929. J&J Conv g 5s 1946.. A&O Craig Valley 1st 5s g '40..J&J 1923 J&J July 1950 85 M Pittsburgh 88% M&S 73 4Ms 1957 M&N Equip 6s Ser K 1920-'33_ F&A b\ 7.50 7.50 Equip 4 Ms Ser E 1922..M&N b 7.50 Equip g 4 Ms Ser F 1927. A&O b 7.50 Equip 48 Ser G 1929 A&O b A1 & West 4s g guar 1998A&0 60% Clear & M 1st 5s g gu '43.J&J 80 Roch & P 1st 6s 1921.. F&A 98% 96 % Consol 1st g 6s 1922..J&D g 4s Dec 30 1963. .J&J 62 '89J&J J&J Warm Sp Val 1st 5s g '41 M&S Coal Riv Ry 1st 4s gu'45 J&D R & A Div 1st con g 4s 2d con g 4s 1989 7% 7% 7% 7% Elevator Co g 4s mm m m Big Sandy Ry 1st g 4s'44 J&D Greenb Ry 1st g gu 4s'40M&N ■ 101H 99 67 gu*38.-A&0 Raleigh & S W 1st 4s '36.J&J WestPocCorp 1st 4Ms'45 F&A Chesapeake & Ohio Northern— 1st M 5s 1945 guar A&O k Last sale. I In London, n Nominal. 60 85 H 71 69 74M 73 H 62M 64 63 56 H 62 X "eo" 57M 60" 65 70 Chesterf'd & Lane 1st 5s '55F&A 50 Chic & Alton 1st 3Ms 1950.J&J RR refund g 3s 1949 A&O 33 H 42M Deb 5s 1922 subj to interest, J&J Potts Creek 4s 1946 79 )rp— 7% Oconee Div 1st g 5s 1945 J& D Cent RR & Bkg 5s 1937 M&N 58 • Sale price. call. J&D 93 b 77 77 97 6%%, 77 78 80 7M%; 7% 80 Cbat R & South g 5s '47.J&J 86 Eatonton Br 5s g 1926..J&D 95 Ocean SS Co g gu 5s '20 .J&J Cent Indiana—See CI Cin Ch & StLouls Cent & New Eng—See N Y N H & Hartf Hill /This price includes accrued 94 91 98 100 b J&J 1st 6 Basis. 78 % Basis PortsGtF&Con 4M» '37. J&D Bos & NYAL—See NYNH&H Boston Rev B & L 4 Ms '27.J&J Bnins & W—See At Coast Line Buffalo Creek 1st 5s 1941..J&J 3Ms Jan Con 84% 80 1937 Buffalo Rochester & General 5s g 1937 97 n 1 4s 3s 113" Feb m J&D f 58 1962 1st M g 5s 55 83 1942 s Cons gold 5s 1945 81 4s . 75 75 J&D June m Cent Branch Ry—-See Mo Pac Central of Georgia— July 1 1938 J&J 4Ha July 1937 J&J 4s May 1 1933 gu NYC. M&N 4S May 1 1934 gu NYC. M&N 4s May 1 '35 guNYC...M&N J&J 3Ms Jan 1 1951 Ref 3 Ha 1952 gu NYC A&O ost & Lowell 4 Ms Feb '33.J&J 48 April 1932 A&O 3Ms Jan 1921 ..J&J oston & Maine—4Ms g '44J&J 4 Ms April 1 1929 A&O 4s Sept 1 1926 M&S 5s Atlantic Coast Line RR— 70% 1st Belt—See St L & San Fr 5s ' 109% Equip 5s 1920-1922 F&A Carolina & Yadkin River— Y C & H Riv 22 hville b Carb & Shaw—See Illinois Cent Carolina Cent—See Seab Air L Caro Clinch & Ohio 5s '38. J&D 55 Bell & Caron—See Illinois Cent Jirm & Atlantic— AlaM id- 45% W Va & Pitts 1st 4s g '90A&O Bangor & Aroostook1st M 5s g Jan 1 1943 J&J Cons refund g 4s 1951 J&J 64% Belt RR & Stk Yds (Ind'pTs) 75 1st ref g 4s 1939 M&N 88 H Belt Ry of Chat—See Ala Gr So Belvidere Del—See Pennsylvani a 83% Bennington & Rutl'd—See Rut land Big Sandy Ry—See Ches & Ohio 78 87 m mm 65 54 87% / / m mm 89 _45% 1959..J&J 85 Joaquin Vall- em 4s m m mm 87 Ry 4Ms 1943.J&D Cln div perpetual..J&J 6% notes Mar 2 1924..M&S 2 Eq tr 4Ma 1920-1928...J&J Eq tr 6s Oct 1920-32...A&O Aroostook Val 4Ha 1929 F&A New Brunsw 1st g 5s '34 F&A Cons deb 4s perpetual..J&J Ont&Que deb gu 5s perp J&D 92 85 mm 90 Pacific— Consdeben 4s mm "90" Bellingham Bay & British Col 83% lst Tol & Beech Creek—See N 85 > Staten Isl Canadian mm m '*>«.' "95" Sch Riv East Side 4s'25.J&D Pac. -«■ m _ Pitts June—1st g 6s '22..J&J 2d g 5s July 1 1922 J&J 98 m Winnipeg Term g 4s '39 g. J& J 88 " 90 gu.A&O Manitoba SE 1st 4s £ '29F&A _85 72 Spen&G 1st 6s'20 F&A 5s 1928 1st M gold 5s 1936 ...M&N H 7.40% Canada Sou 5s 1962 ser A.A&O 7.40% Canadian Northern— 69 1st con deb 4s 1930 gu. J&D30 6% coll notes 1922 F&A 54% 6% coll notes 1924......F&A Eq 4Ms various Eq tr6sJ'ly'20-Jan'29SerBJ&J 82% 4Ms'30M&S Ohio RlvRR—1st g 5s'36J&D Gen gold 5s 1937 A&O Hunt&BS 1st 6s 1922..J&J 93 Col 1st M g gu 4s 1995.. J&J Atch & East'n Br—4s 1928. J&J 85 65 89 & 75 Cam & Clear—1st 5s g '41.. J&J 59 % Gen M g 4a 1955 F&A 62 Cambria & Indiana— 61 Plttsb Lake Erie & W Va— n s k. 80% California N W Alabama N Orl T & P June— AroostookN orthern- A 60 76M 1/ If IJ Bid. 79% 70 Atlanta Bonds Cedl Rap&No—SeeCRI&P Burl Prior lien 33^s g 1925.J&J 1st M 4s g July 1 1948..A&0 Adirondack- Ban Fran & San Ask. Bid. Bait & Harrlsb—See West Md Baltimore & Ohio- 60 GENERAL QUOTATIONS 34 NOTICE.—All bond prices are "and interest" Bid. Bonds Chicago Burlington A Quincy— Gen M 48 1958 MAS Denv Ext coll tr 4s 1922. FAA Illinois Div3^s'49 op '29. JAJ 4s July 1 1949 JAJ Nebraska Ext 4a 1927.. MAN 8 W Div 8 f 48 1921 MAS C B A Q joint 48—See Gt Nor Chicago A Eastern Illinois— Ref A Imp M 43 g '55 op. JA J / U 8 Mtg A Tr ctfs dep... / 1st consol 6s gold 1934.. AAO / Genconsol 1st 5s 1937.-MAN U 8 Mtge A Trust ctfs dep stamped MAN 1915 MAN 1918 and M A N 1917 lnt Guaranty Tr Co ctf dep— '20-Sep'25 MAS y— 1st 5s '36.JAJ 1st M 6a '20MAN f ~ '20. MAN Chic Gt Weet— 1st 4s 1959MAS Chic Ham A West 1st 6s'27_JAJ Chic Ale Ry—See Chic A E 111 Chicago Indiana A Southern Rv Con mtge g 4s 1956 guar.JAJ Ind 111 A la 1st g 4s 1950.JAJ Chicago Indlanap A Louisville— Ref M g 6s 1947 Ser A...JAJ Ref M g 6s 1947 Ser B—JAJ Ref M g 4s 1947 Ser C...JAJ 1st A gen 5s 1966 MAN Eq 4*fs Sept 15 '20-'21_MAS Eq 4%a Oct 15 '20-'21 AAOIS Eq 4%a Aug'20-Aug '23.FAA Indlanap A Lou 1st 4s '56JAJ Monon Coal gu 6s '36 op JAD Ch IA StL ShL—See CCCAStL Chicago Lake Shore A Eastern— 1st M 4%a 1969op 1919.JAD Chic Milw A Puget Sound— 1st M g 4s 1949 guar JAJ-Q-J Chicago Milwaukee A St Paul— Gen g 4s A May 1 1989. .JAJ Gen A ref 4^s Jan 2014 AAO Conv 6s Jan 2014 Ser B FAA Gen g 3%a B May 1 1989 JAJ Gen 4%a May '89Ser C JAJ Deb gold 4s July 1 1934 JAJ Conv deb 4^8 '32 op '22 JAD Gold bonds 4s 1925 op '22JAD Chic A L Sup Dlv g 5s '21 JAJ Ch A Mo Rlv 1st 5s 1926.JAJ Ch A Pac West Dlv 5s'21.JAJ Dubuque Div 1st 6s 1920 JAJ Fargo A So g 6s ass'd '24.JAJ Mil A Nor 6s ext at 4 34'34 J AD Ev THAChic lnc 6s 71 71% 65% 72% 84% "67"" 76 86% 5s'21_JAJ Cleve General 4s 64 60 "97" 95 96 Equip tr 4%a 1920-1922.AAO Boyer Val 1st g 3%a '23.JAD Des Plaines Val 4Ms '47. MAS Frem Elk A Mo V 6s '33 AAO NWlst3j^s'35JAJ ManitowGBANW3K8'41 JA J Mashf ext 1st M 5s '22.. A AO Mil Lak Sh A W 6s 1921 MAN 1924 JAJ Ashland Divlst g 6s'25MAS ExtAimp s f g 5s '29. FAA MilSpartaANWlst4s '47MAS MllAStateLine lst3Hs'41JAJ Minn A la 1st g 3^s'24 JAD Peoria ANWks 1926 MAS Prin A Northw 3%a 1926 JAJ St L Peo A N W 5s, 1948.JAJ St Paul EastGrTr4Hs'47JAJ St. Chic Rock Isl A Pac Railway— General gold 4s 1988 JAJ Ref g 4s 1934 op to 1911 AAO 5s Ser H 1920-1923..JAJ Cedar 5s bold guar O Ind A W g 5s Apr 1938.Q-J Peor A East cons 4s '40. AAO .Apr 1 20 87 87 95 48 1st lien 78 80 Peoria RyTer 4s'37 gu opJAJ RIArALa 4%a 1934.. MAS Rock Isl A Peoria 6s '25..JAJ 61 1st 1st 75% AAO 96 equip g 4^s '22..JAJ gold 4s 1943..-MAN JAD 5% notes 1920 FAA Adirond 1st 4^8 '42 gu.MAS Albany A Susq 8%s gold 1946 (conv before 1916) gu.AAO BluffPoint Land Impt Co— 1st Mg g uar 4s 1940..JAJ cons g 6s 78% bonds 1930 Jan 1 1923..JAJ 93% 92 A 83 Alleg—6s 1941...JAJ o New Mexico 75 80 70 85 A Sou thwea« Ry A Coal Co— 75 1st col tr g 5s Oct 1 '47 AAO 1stAconAcoll tr g 5s'51AAO Dawson R A Coal 5s'51JAJ 80 ElPasARI 75 70 lstggu5s'51JAJ Erie—NYAElst4sext g'47 MAN 4^s 3d ext gold 1928 ..MAS 5s 4th ext gold 1920 "51 AAO 4s 5th ext gold 1928 JAD 23% 7s 24 1st 98 85 96% MAS 7s 1st cons g fund 1920.MAS Prior lien gold 4s 1996...JAJ cons g 1920 Gen lien gold 4s 1996 92 Conv 93% 48% 40% JAJ 33 gold 4s 1953 Ser A. AAO Series D Eqg4^s Aug'20-Aug'21FAA b8.25% Eq g 5s July 1920-1923 JAJ 18.25% Eq 4HsSerBBAug'20-24FAA 58.25% Penn coll g 4s Feb 1 '51. FAA 63% 63 34% . 7.50% 7.50% 7.50% 69% Buffalo A Southwestern— 92 1st g 6s'08 ext to 1928 JAJ 2d g 5s '08 ext to 1928.JAJ Jeff RR5s gu'09 ext to'19AAO 76 72 93 85 90 Chic A Atl Term 5s 1918 89 ext to July 1928 JAJ Ch A Erie 5s 1st g 1982. MAN Cleve A Mah Val g 5s '38 JAJ Erie A Jersey 8 f 6s 1955.JAJ 25 8 Genesee River 6s A N Y 1st 6s 1929.JAJ 72 76% 76% 79% 82% 88 Long Dock 6s con g 1935 AAO Newb 67% 83 1957..JAJ 92 . N J A N Y 1st 6s 1910— Ext at 5% to 1950 80 MAN 81 NYAGr Lake gu g 5s'46 MAN NYLEAWCA RR— 1st 6s curr guar 92% 1922. MAN N Y L E A W D A I 1st 6s '13 Extended at 5% to '43 JAJ N Y Pa A O p 1 4%a '35 MAS Susq A Western— 1st refunding 5s 1937. _JAJ 2d mtge 4^s 1937 FAA Gen mtge 5s g 1940. __FAA Term 1st g 5s 1943 MAN 72 51% 25 30 37 44 77 85 Midland of N J 1st 68.1910 "72" European A N A—See Maine 99 100 70 91% 69 44 72 ext at 5% to 1940..AAO 1st g 5s'42 JAD 78% Erie A Jersey—See Erie RR Erie A Pittsb—See Penn RR— 99 75 N Y 70% 99% 49% 40% 36 AAO 1953 100 34% .AAO Series B 1953 52 49 Central Evansville A Indianapolis— Consol g guar 6s 1926 JAJ / M Ev A In 1st g gu 6s 1924.JAJ / 7 3 3 7 Evansville A Terre Haute— 60% 60 1st cons 90 1st gen 5s 60 gold 6s 1921 JAJ gold 1942 AAO / Refund M 5s July 1941. _JAJ Mt Vernon 1st 6s g 1923. AAO Sul Co Br 1st g 5s 1930. _ AAO E T H A Chio—See Chic A E 111 68 70 Fargo A So—See Chic M A St P Fitdiburg—5s Jan 1 1934.JAJ 4Hsref 1928 ..MAN 4%a Jan 1933 JAJ 4s refunding 1925 MAN 4s refunding Mar 1927..MAS I In London, 95 77% gold 5s 1937 Elgin Jol A East 5s 1941 MAN Elkin Chic St L A Pitts—See Penn Co k Last sale. 86 90 90 East Teun Va A Ga—See 80 Ry Eastern Minn—See St P M A M 68% / This price Includes accrued interest, Louii 54 JAJ Dutchess Co—See Cent New Eng Chic St L A N O—See 111 Cent b Basis. 61% 68 WilkesAE 1st A ref sec g 30 50 Gen g sf 5s Jan 1 1941.._JAJ Duluth Rainy Lake A Winnipeg 1st 5s 1916 ext 1921 JAJ Duluth South Shore A Atlantic 60 Delaware A Hudson— 7% "20"" "85"" 1st gold guar 4s 1953 JAJ Dul A Ir Range—1st 5s '37 AAO Dul Mis A Nor 1st 6s '22..JAJ 90 Conv 5s 1935 1921. _AAO St P A K C Sh L 4%b'41 FAA Keo A Des M—1st 5s '23AAO 18 60% 47% ..... 79 Rap la Falls A NW— MAStL 1st gu g 7s '27 JAD Choctaw Oklahoma A Gulf— Consol gold 5s 1952..MAN Choc A Memph 5s 1949. .JAJ 70% 25 99 101M 70 _ 45% "46" El Paso A Southwestern Co- 71 lnc 4s 1990. 42 100 74% 84% Aug'36_Q-F Id Blm A W ext 4s 1940.AAO cons 68 Detroit Riv Tun—See Mich Cen Detroit A Toledo Shore Line— 60 gold guar 4s 1953.AAO IV* 96 62% 66 43 7% Detroit A Mackinac— Prior lien gold 4s 1995..JAD Mortgage gold 4s 1995.. J AD Chic Ind A St L Sh Line Ry— CinSanAClev con g 5s'28.JAJ Cleve Colum Cin A Indlanap Gen cons gold 6s 1934.JAJ 61M 63% 67% 43% 97 Income 5s 2862 AAO El Paso A Rock Isld—See ElPas CIS LAClst4s g 98 96 62 77% 93 Eq'18 ext to Novl4'20 AAO 1st 63 Ry gu 4s 1953. MAN 99% 91% 90 Con gu' 18 ext toNov 15'20AAO Det Gr Rap A West—See PereM 11* 1st 65% 99 Des Moines A Ft Dodge—See M inn A"S Des Plaines Val Ry—See Chic A N W Detroit Grand Haven A Milw— 75 33^s Jan 1921 JAJ 87 3%a Jan 1 1923 JAJ Connecting Ry (Phila)— 75 78 1st M gu 4s Mar 15'51.MAS 15 40 Connellsv A Monongahela Ry— 80 40 87 1st s f gold 4s 1930 opt..MAS Cuba RR—1st g 5s 1952..-JAJ 69% 60~ 65 69 % Imp A equip 5s I960.__MAN 64 Cum A Penn—1st g 5s' 21. MAN 7.25% Current Riv—See K C Ft S A M 7.25% Dallas A Waco—See Mo K A T 7.25f Daws Ry A C'l—See El Paso A Southw estern 7.25^ Dayton A Mich.—See CHAD 66 Del A Bound Br 3^s '55.FAA Louis— 4^8 Oct'20-Oct'19_AAO 4%a Nov '20-'25 MAN 4%a July'20-July '27.JAJ Burl Cedar Rapids A North— Con 1st Acoltr 5s g'34 AAO 85 White W V Div 1st 4s'40.JAJ Cent Ind 90 64 60 1st cons g 4s 1949 op..AAO Utah Fuel 1st 5s 1931. MAS SprAColDiv 4s 1st g'40.MAS g4s?90.MAN 102 80 92 1st 4s '39. _JAJ Elmira A Wiluamsport— 1st 6s '10 ext at 4% 1950.JAJ i 94 Prior lien g 4^8 1930..MAS Certificates of deposit Eq Eq Eq Eq Deb Conn River—Gold 4s '43. .MAS Pac3^s'36FAA A 80 80 Empire Trust ctfs dep— 71 Cleveland Lorain A Wheeling— 73% 89 Cons now 1st g 5s 1933. _AAO Stamped subject to call.. Con refg g 4%a 1930 red.JAJ 96 Clev A Mahon Val—See ErieRR 97 Clev A Marietta—See Penn RR 83% Cleveland A Pitts—See Penn Co 6.25% Cleve Short Line—See L S A MS Cleveland Terminal A Valley— 57 1st 4s gold guar 1995 MAN Coal A Iron Ry—See Western M aryland 75 Colo A Sou 1st g 4s 1929.._ FAA 70% Ref M g 4%b May 1 '35.MAN 89 Ft Worth A D C 6s '21..JAD 100^ Colo Sou N O A Pac—See St L A SF 99% Colo Spr A Cripple Crk D Ry— 15 1st gold 8 f 5s 1930 100% JAJ 1st cons 5s Oct 1942 AAO 95% 75 Col Connec A Ter—SeeNorf AW Col Hock ValAT—See Hock Val 60 Conn A Pass—1st g 4s '43. AAO 80 NewpARichf 1st 5s'41 gu.JAJ AAO 15 Rio Gr West Ref A Imp 6s 2d Exten bonds 4s 1926. .FAA 15 2d 5s 72 70 Sinking fund 6s 1929...AAO 58 1929 AAO A Chicago Peoria JAJ "99" 99% Stpd non-pay Fed lnc Tax Sioux City JAD StLDiv 1st col tr 71 g'd Jan 1 1921..JAJ FAA g'd cons 1923 Term A Imp 4s gd '23 MAN 69% Osw A Syrac gu 5s '23..MAN 53 Warren 1st refg 3%a 2000FAA 76% Denver A Rio Grande— 1st con g 4s 1936 JAJ 100% 1st con g 4%a 1936. JAJ 100 Improv't gold 5s 1928...JAD 1st A ref g 5s 1955 op. .-FAA 56 B'k'rs Tr stpd ctf Feb'20 int 93 Adj lnc 7s cum 1932 op..AAO J Rio Gr June 1st gu 5s '39 JAD Rio Gr 80 1st g 4s '40 JAJ 1st g 4s guar 1940 70 JAJ 1st 6s 61 73H 56 98% gold 1993. Gen M 5s Ser B 1993 45 100% Morris A Essex 3Hs2000 JAD N Y Lack A Western— Louis- 68 % 64 953 993 St gold 4%a 1931 JAJ 84 1929 SerA.JAJ Equip trust 5s 1920-1929.JAJ 67.87% 67.87% Equip trust 6s 1920-1927JAD 63 Cairo Div 1st g 4s 1939..JAJ 58% C W A M Div 1st 4S g '91.JAJ 54% Gen M 5s 1987 stp lnc tax MA N Sink fund deb 5s 1933..MAN Mich Div 1st 6s Chic A Cine As I. Delaware Lack A Western— 65 Unguaranteed Chicago A North Western— Gen M 3^8 g 1987 MAN Gen M gold 4s 1987 MAN la Minn A "85" 95 1% Ch A No M—See Pere Marq 30-year deb 5s 1921 102 75 ^. JAD 1934 Wis A Minn Dlv g 96% 79 100% Super Sh L 5s June 1930. MAS Chicago Terminal Transfer— 85 Chic A Gt W 53 g 1936. .JAD 25 20 Chic Terre Haute A Southeast— 50 1st A ref g 5s Dec 1 '60op. JA D 21 20 48 94 Sou Indiana 1st g 4s '5I.FAA 75 Chicago Union Station— 75% 1st gold 4%a 1963..—.JAJ 69 100% 1st M 63^s Ser C 1963..JAJ Chicago A Western Indiana— 98 50 Gen gold 6s Dec 1 1931.Q-M 42 54% 69 Consol g guar 4s 1952 JAJ '¥.50 7.50% 6% notes'18 ext to'19..MAS 5 10 Chic A West Mich—See Pere M Choc Ok A Gulf—See C R I A P 84 Cincin Hamilton A Dayton80 60 General 6sgold 1942 53 JAD 52% 72 2d mtge gold 4%b 1937..JAJ 97 90 Dayton A Mich 1st 5s 1911 75 Ext at 4%% to'31op'17JAJ 70 60 % C I St L A C—See CCC A StL— Cin Indianapolis A Western— 63% 60 1st M g 5s Nov 1 1965..MAN ia RR 96 Cin Leb A Nor—See Pennsylvan 65 75 Cine A Musk Val 4s 1948..FAA 75 Cine N O A Texas Pacific— 7.87 "65" 65 Eq 434s Nov 15'20-21 MAN 15 55 7.75 Cincin North 1st g 4s 1951.JAJ 95 7.75 Cin Rich A F W—7s g '21.JAD Cin San A Clev—See CCCAStL. 7.75 71 Clearfield A Jeff—See PaA NW "40" Clearf A Mahon—See B R A P Cleveland Akron A Columbus— 85 General gold 5s 1927 MAS 65 75 1st cons guar g 4s 1940..FA A 70 59 Bid. (Coned)— Chateaugay Ore A Iron— Guar gold 4s 1942 JAJ Rens A bar reg 1st 7s '21 MAN Utica Clin A Bing 5s '39.JAJ Delaware A Hudson Chic St Paul Minn A Omaha— Cons 6s June 1 1930 JAD Cons 6s red to 3%a 1930.JAD Deb gold 5s Mar 1 1930.MAS Stamped North Wisconsin—6s '30.JAJ [VOL. 110. defaulted bonds. Bonds ill. 98 Cons 6s '13 ext at 4% to Wise Vail Div 1st 6s'20..JAJ Bid. Bonds ill. 98 except where marked "f" and Income and » Nominal. < Sale price. 94 ' 18 50 30 74 78% 71 82 77% — 60 RAILROAD BONDS JTTNB, 1920.] NOTICE.—All bond Bid. Bonds. Fitchburg—(Concluded) 4s refunding 1927 4s Jan 77% 77% A&O J&J 1 1920 1 1921 Aak. iter 74 79 65 Fort Dodge Des Moines & Sou— 1st 5s 1938 J&D FtSmith&West 1st g 4s'54.A&0 Fort St UnDepDet 4%s '41 J&J Ft Worth & Den G—See Col & S Ft Worth & Rio Gr 4s 1928. J&J Fre Elk & Mo Riv—See C &NW Galy Har & San An—See So Pac Galv Houston & Henderson- 60 75 40 55 45 50 70 75 15 65 "76" 51% 60 M 5s, 1933 _A&0 Genesee River—See Erie RR Gen & 70 75 Wyo 1st g 5s 1929, _ A&O Geor & Alabama—See Seab A L Georgia Car & N—See Seab A L Ga & Fla 1st g 1956 M&N Geor Midland—See South'n Ry Georgia Pacific—See South'nRy Geo RR & Bank'g 6s 1922..J&J 13 1 1922 J&J 95 1 1947 J&J 70 70 Ga Sou & Fla 1st g 5s 1945 J&J n85 '26A&0 Gr Rap Bel & Sag—See PereMar Grand Rap & Ina—See PennRR Grand Trunk West 4s £ '50.J&J 56 "80" 90 94% 75% 99 68 53% 60 —... 82 Apr 1952 55 A&O Henderson Br—See Lou & Nash Hocking Valley Ry— 1st cons gold 4%s 1999. -J&J 61% Eq 5s 1920-1923 F&A 67.75% 62 a 78 Hutchinson & S—See AT&SF 80 62% 62% 1st gold 3%s 1951. J&J Main L ext 1st g 3%s'51_ A&O Trbds £ 3%s 1950 "66% M&S If 50 55 63 58 68 63% 63% 62 64 Pur lines 1st g 3%s 1952.J&J Ref g 4s 1955 opt 1918.M&N 55% 68% 62% 69% 71 74 Jt 1st ref M(I C&CSL& O) 5s 1963 Ser A.. J&D Gold 5%s Jan 1934 J&J Equip tr 4Ha Aug'20-'23 F&A Eq trust 4%s July'20-'26.J&J Equip 5s Aug '20-'24__.F&A Cairo Bridge 4s g 1950..J&D Litch Div 1st g 3s 1951..J&J Louisv Div 3%s S 1953..J&J Middle Div reg 5s 1921..F&A Omaha Div 1st 3s g 1951 F&A St Louis Div3%s g 1951-J&J St Louis Div 3s g 1951 J&J Spg'field Div Ext 3%s'51.J&J Western lines g 4s 1951..F&A Chicago St Louis & N O— Cong 5s June 15 '51.J&D15 Cong 3%sJ'nel5'51.J&D15 Eq 5sJn 1920-Dec 1924 J&D Mem Div 1st 4s g 1951 J&D 84% 67.35% 67.35% 67.35% 68% 50% 58 95% 50% 56% 50% 85 6.25% 6.25% 6.25% "62"" "62% Carb&Shaw 1st g 4s'32M&S ind B1 & Wn—See C C C & St L Indiana 111 & la—See Chic Ind Ind & Louisv—See Ch Ind & L 66% 70 92 96 91 93 74 60 7.50 66% 7% 59% 68 50 100 82 4s 1948 J&D reg lrred.J&D ann 94 90 83 '82" 75 J&D 79% gu 4s '30 M&N Northe 85 rn City & Ft Dodge— 1st M gold 4s 1955 J&D emphls Union Station Co— 44 46 1st g gu 5s Nov 1 '59..M&N 82 90 55 65 20 30 20 27 e 80 59 Midland of N J—See Erie Midland Term 5s 1925 J&D 86 112 M 95 A^r 1 '53 Ser A.Sept 17 50 . 62 Min&Pac—See M St P & S S M Minn & St L—1st 7s 1927 J&D 7% 95% Pacific Ext 1st 6s 1921..A&O 1st consol gold 5s 1934..M&N "87% Ref&ext 5s Feb'62 Ser A.Q-F Des Moi&FtD 1st 4s, '35. J&J Iowa Cent 1st g 5s 1938. J&D 1st 87 80 28 Series Millen & Southw—5s"f955_"A&0 80 70% 90% 99% MilSh & West—See Chic & N W 93 Milw&No—See Chic Mil & StP 84 Milw&Sparta & N W—See Chic « N W 70 /"7?75 89% ref'g gold 4s 1949...M&S 80 84 1st cons 81 1st cons gold 5s 1938 J&J 2d M gold 4s guar 1949._J&J 90% 85 92 89 93 A&O 80 85 A&O 77 82 99% 94 40 gold 4s 1938....J&J 73 "45" 44 75 80 38 39 73% 76 91 Eqg notes 4%sDec'19 '22J&D 6 7". 50% Eq tr 7s 1921-30 (yr).__J&D 100 Leh Val Term 5s 1941..A&0 Middlesex Val 1st 5s '42 M&N 95 89% 67% "37" 1st & ref g 48 1951... M&S Minn St P & Sault Ste Marie— 80 Pa&N Y Canal 5s'39 A&O 60 15 Mexican North 1st 6s 1930.J&D Mich Cent—See N Y C & H R Middlesex Valley—See Leh Val 92 106 cons Lehigh Valley Coal— 1st 5s gold guar 1933..J&J 1st 40-year gu lnt red to 4% 1933 J&J Lehigh Valley Ry of N Y— 1st 4%s gold 1940....J&J 92 40 "40" 7%% Midland Valley—5s 1943..A&O Adj M 82 90 4%s ann Irred.J&D gold 4s 2003.. M&N Gen con g 4%s 2003 M&N Col tr 4s Aug '20-Feb'26F&A Coil tr g 6s 1928. M&S Lehigh & Lake Erie— 1st 4%S 1957 gu M&S Lehigh & N Y 1st 4s'45.M&S 100 76 Con S Ste M & Atl 4s'20 J&J Minn & Pac 1st 4s 1936. J&J "J* M "86% _ 88 MStP&SSM&CentTermRy— 50 IstChlTersf 4s'4 lop' 16M&N Minneapolis Term—See Wis Ce nt Geng guar 4s 1962. M&N Ittle Rk & Hot Sp West Ry— 1st g 48 1939 guar J&J ong Island-Unified g 4s '49 M&S Refund g gu 4s 1949 M&S Tax-exempt N Y 1st cons g 5s July 1 1931.Q-J 1st cons g 4s July 1 1931.Q-J Gen mort g 4s 1938. J&D Ferry 1st 4%s con g 1922 M&S 4s gold 1932 • 65 Minneapolis Union—See St P M Mississippi Cent g 5s 1949.J&J 65 Miss River & Bonne Terre— 1st s f 5s 1931 op A&O Montauk Ext 5s 1945 J&J gold 5s 1935 A&O 5s 1927 M&S 60 63 1st 70 2d gold 4s June 1 1990..F&A / Union Tr Co ctfs dep / 1st Extension 5s 1944..M&N / "84% 64 85 "93"" M&S "69"" 63% 87 gold 5s 1946 I In London, "27" 7.50 18% f 4s 1951 Mo Kan & E 5s 1942 gu.A&O Missouri Kansas & Okla— 1st ggu 5s / May 1 '42. M&N / U S Mtg&Tr Co ctfs 73% dep MK&TofT 1st 5s gu '42 M&S Sherman Shreveport & S— 1st M gu gold 5s 1943. J&D S W CoalA 83 45 • 35 46 49 45 60 34 43 28 "34% (new company) 1st & ref 5s Jan 1923 F&A 1st & ref 5s July 1926 F&A 80% 1st & ref 5s Jan 1965 F&A 78 Gen M 4s Mar 1975 M&S lo Pac—Cons 6s 1920...M&N Sale price, 37% Imp 1st 6s'29 J&J lo Pacific RR a H" 48 Texas & Okla—5s 1943.M&S lo Okla & Gulf RR!5s'61 M&N 67 Nominal, 50 M&N Dal&Waco 1st gu 5s'40_M&N / Kan C & Pac lst4s gl990F&A 92 n 24% 8.25 1st g gu s ouisville & Jeffersonv Bridge— k Last sale. 34 26 J&D b Dec 1920-23 29 35 gold 2004..M&S / "III g 5s 29 20 St Louis div g 4s 2001..A&O RR Bridge— "96" 61 55% Boonville 80 J&J 92% 53 27% 25 Consol M g 5s 1940 A&O 6% notes *16 Cent Tr ctf M&N / Eq 75 65% 90 Guaranty Trust ctfs dep... s f g 4%s 1936..J&J NYTrCo ctfs of dep.... Western—See South era Pac Louisv Cin & Lex—See Louisv& Nashv Guaranteed gold 4s 1945. M&S J&D / Gen M IP Louisiana 1st mort gold 4s 1990 1st & ref 4s 68 "83" 82 Missouri Kansas & Texas— 75% Oct 1 1932 Q-J 5s 1927 78 61% 60% N Y & R B 1st g North Shore Branch— 1st con 5s g & M 55 J&D Debenture gold 5s 1934. J&D Deb gold 5s 1937 M&N /This price includes accrued Interest, lahonlng Coal—See L S & M S laine Central-Coll tr 5s'23J&D 98% it* 4%s 1947.._M&S gold 4s 1977 M&S Stamped guar op to Mar '07 ' 6 Basis. Terminal 5s 1965..J&J 78 4%s 1935 63 71 95 lacon Prior lien Louisville Henderson & St L— & Sou 83 85 71% 1st con 97 1st s f g 100 49 68 1st M g 4%s 1945 guar.J&J Pensa & Atl 1st 6s gu '21 F&A S & N Ala Con M g 5s '36 F&A Gen con gu g 5s 1963 A&O lacon Dub & Sav 5s 1947 J&J erchants' Br—See Tern eridian Term 4s '55 guai !exican International— ouisiana & Arkansas Ry— 86% 65% 3 98} 52 N Y B'klyn & Man Beach 1st 6 100 59% J&J Manitoba & S E—See Canadian 67 99 78 80% ££?!48 1952 Upper Coos 1st 80 70 80 70 100% 68% d Del & Va 5s 1955 gu... F&A aryl & Pa 1st g 4s 1951..M&S Income 4s 1951 A&O f 55 LI C'y & F con 5s 1937 M&N N Y Bay Ex R 1st 5s g'43J&J 85 92% ason Brook & Mon 2d 5s 1938 J&D "65% "85% 80; 72! Mob&Mont4%s'45M&S 'arqHoughton&Ont 6s'25 A&O Con M 6s R gold 1923..J&D Con M 4%sC 1923 J&D Con M 4%s 1939 Cons M 48 1 939 88 82% "96% 1st & ref 5s Dec 1935._.J&D Eur & N A 4s gold 1933..J&J Hereford Ry—G 4s '30.M&N Knox & LIncPenSL4s'20_F&A 15 2d g 5s July 1 1941 J&J "5l"" No Ohio 1st gu 5s g '45.A&0 Lake Sh & Mich So—See NYC •&HR Leavenw'th Term Ry & Bridge con 69% ~ 63 St Louis Alton & Ter Haute— St L South 1st g 4s '31 M&S 53% 66% 69% Kankakee & S W 5s '21.F&A Bellev&Car 1st 0s '23. J&D J&J 66% 63 Coll trust gold 4s 1952..A&O ColTrLN 0&Tg4s'53M&N N "20~" Keokuk & Des M—See C R I & P Knoxv & Ohio—See South'n 72 A&O If J&J If 52% 4%s Sept '34 op '30 rets.J&J / Kentucky Central—See L & N Gen 3s 1st & ref City & Pac—See M K & T Kan City Southern— 1st gold 3s 1950 _A&0 Ref & lmp't 5s Apr 1 '50.J&J Kansas City Terminal Ry— 1st 6s ext g 60 Illinois Central—1st g 4s'51.J&J 1951 96% 84 10 6.30% 66% 99% 97% 45% L&N Term 1st g 4s '52gu J&D Nas F & S 1st gu g 5s '37.F&A Newport & CIncin Bridge— 65 "64" M&S / 100% 7.37 63% 85% Louisv & Nashv South'n joint — Lehigh Valley— Manhattan— 3s 74 ::::: Kans & Mo—1st 5s '22..F&A Kansas City Mexico & Orient— 1st gold 4s 1951 (undep.)F&A / 6% notes 1916 ctfs A&O / Con M 6s 2d 77 88 87% 1980 M&S S E & St L div 6s 1921. M&S Henderson Br 6s g 1931.M&S Kent Central—4s g 1987.J&J Lex & East 1st 5s 1965..A&O t 60% 93% 4^s St Louis Div 1st 6s '21. M&S 72 Unguaranteed Lehigh & Lake Erie—See Lehigh Valley Lehigh & New England— 87 1st M g 5s 1945 J&J 82 64% Gen M g 5s 1954 J&J Basis 7% Eq tr 4%s 1920-1931...Var 1st g 5s 1957 opt.. 57% 57% F&A 19% 19% Adj in cup to 5%Feb '57 A&O / 70 50 1st M 4%s 1957 conv F&A 90 72 N Y & Jer 1st g 5s '32optF&A Huntingdon & Broad Top— 90 1st g 4s Sept 30 1920 A&O » 80 60 2d mtge 4s gold 1925 F&A n 50 45 35 Cons 5s g Mar 31 1925..A&0 « Ohio Huntington & Big Sandy—See Bait & £ 72 L&N gold 5s 1923 J&J Lehigh & Hudson River RR— Gen g 5s July 1 1920 guar J&J RR Housatonic—See NYNH&H Houston Belt & Term 5s '37 J&J Houston E & W Tex—See Sou P acific Houston & Tex Cen—See Sou P aclfic 1st M £ 4s 1951 71 1st M 60 Hoosac Tunnel & Wilmington 1st M g 5s Sept 1922 M&S 1st M ..... 90% 70 g '31.M&N N O Mob 1st g 6s 1930. J&J 2d gold 6s 1930 J&J Pad&Memdiv 1st 4s '46. F&A Pensacola Div 1st 6s '20.M&S Ry 65 Col & H V Ext 4s 1948. .A&O Col & Tol 1st g 4S 1955.F&A Hollidaysb Bed & Cumb—See P 9 & _ ike Erie & Western— 1st gold 5s Jan 1 1937...J&J Mobile— 1st ext g 4%s July 1 1923.J&J Hawklnsv & Florida Southern— Hudson & 73 80 55 5s 66% guar......J&D sfferson—See Erie >plln Union Station— 1st g 4%s 1940 guar op.M&N Kal A1& G R—See L S & M S Kanaw & Mich—See Tol & O C Kankakee & S W—See 111 Cent Kansas City Clinton & Sp— 1st 5s gold 1925 guar A&O Kan City Ft Scott & Memphis— Refdg g 4s 1936 guar A&O Cons 6s 1928 M&N 94% 4%s notes 1921. J&J 77 6% notes Nov 15 '23.M&N 15 99% K C Viaduct & Term Ry 1st s f & Ohio 1st mtge g 4s 1957 gu J&J Hartford & Conn Western— i M 59 * Gulf & Ship Island RR— 1st ref & term g 5sFeb'52.J&J 1st 80 Current Riv 1st 5s 1927.A&0 K C Mem & Bir 4s 1934. M&S / / Income 5s Mar 1934 Sept 1 j 100 Consol gold 4s 2002.. M&S imestown Frank & Clearfield— 1st g 4s 1959 1st g 4s 1960 op 1930 5% notes 1920 M&S Great Northern Ry of Canada— Con 4s 1934 opt to 1914.A&O If Green Bay & West deb ctfs A__ or 50 53 Kan 55 July 1 1950.J&J Great Northern— C B & Q coll tr g 4S 1921 _J&J 1st & ref g 4%s 1961 op'41 J&J Gulf Terminal 37 City & Mem Ry & B— 1st 5s gold 1929 .A&O Gila Val Globe & Nor—See Sou Pacific Greenbrier Ry—See Chesapeake Greenwich & Johnsonville— 1st old 4s 1924 J&J 91 34 % 76% 80% Atl Knox & Nor 1st 5s'46J&D la Minn & N W—See C & N W icksonv Ter 1st 5s gu '39.J&J 98 4s Jan Debctfs B 89 Ask. 84 M&N 7% gnotes May 15'30 .M&N15 Equip 5s Dec'20-1923 J&D At KT& Cin div 4s 1955. M&N Kan 5s Jan 1st g gu 4s $ 95 Bid. NashvilleGen mort gold 6s 1930._J&D 50-year gold 5s 1937...M&N Unified gold 4s 1940 J&J "88~" 90% bonds. & Coll tr gold 5s 1931 5% notes Aug. 1 1914...F&A / Col Riv Bridge 7s '20._ M&N iteraat Rys (Central America) 1st M 5s 1972 opt M&N If Iowa Central—See Minn & St L Assented defaulted Bonds. ouisville Ry Securities 1st g 6s 1919 (unext'd)_M&N Ext at 7% to 1922..M&N 1st cons ref'g g 4 Ha 1947.J & J Gen ref'g gold 4s 1950—J&J 1st con ref 4%s '52 opt.M&N gu Rap Tran j and Aah. iternatlonal & Gt Northern— Flint & PereMarq—SeePereMar Fla Cen & Pen—See Seab Air L Florida East Coast 4 %s '59 J AD Florida South—See Atl Coast L Florida West Shore 5s 1934. J&J Fonda Johnstown & Gloversv- Gettysburg & Har 5s 71 Gen & ref g 5s 1965 Ser A. J&J iterboro-Met \See Street & El A&O A&O Troy & Boston—7s 1924. J&J lst Bid. Bonds. 35 "f" and Income 84 1928 3%s Oct 3%s Oct prices are "and Interest" except where marked t Assessment paid. 85% 53% 90% 82 79% 53% 98 GENERAL QUOTATIONS 36 NOTICE.—All bond prlcea are "and Interest" Missouri 1% Ceiu. tit MAN UnPaclst g4s'48JAD '38. FA A 2d ext 5s gold 1938 JAJ fit L R E 1st 58 1938..MAN Car'deletBrlst4M8'38 AAO St Louis Iron Mtn A Sou— Unify A Ref'g g 4s '29.JAJ Gen con ry A1 g 5s '31 AAO GenCon stpd gu g5s'31AAO Eq SsNov 20-Nov'21 MAN Rlv A Gulf Div 4s '33 MAN Pac of Mo 1st ex g 4s '23.AAO Verd Val IAW l8t5s'26MAS Mobile A Blrm—See Southern R Mobile A O—1st g 6s 1927.JAD let exten 6s July 1927—Q-J Gen g 4s 1938 MAS Eq 58 Nov '20-Nov '23 MAN Pine Bluff A W 5s 8.37 55 71 77 N Y A Put 1st 4s g 75% 85 X Pine Creek gu 6s Pitts A L Erie 6s "70"" Moh'kAMalone—See N Y CAH Monongahela Sou 5s 1955 AAO Mont Cent—See St P M A 1JL Morgan's La A Tex—See So Pac Morris A Essex—See D L A W Mutual Term of Buf 4s '24.JAJ Nashville Chattanooga A St L— 1st consol gold 5s 1928..AAO Centrevllle Br g 6s 1923. JAJ Jasper Br 1st 6s 1923 JAJ Nash Flor A Sheff—See LAN National Rys of Mexico— Prlleng 4M8sf 1957 JAJ 67 68X 81 84 X 89 "8.50 ' 67 80 91 97 94M "lb" '34 tax-exempt '37.AAO Deb 4s May 1 1931 MAN NYA Harlem—See N 78 NYA Jersey—See Hud A Man N Y Lack A West—See Del Lac 80 90 90 89 M 96 98 93M 99 50 Cent New Eng 4s 1961.-JAJ Dutchess Co 4M8'40. J AD 21M Danb A Norwalk 4s '55-JAD *40*" Harl Rlv A Portch 4s '54 MAN 40 25 20X 20 "26" 7.37 7.37 7.37 7.37 7.37 7.37 57 74 4Ms'61gu MAN Grand Rlv Yal 4s '59.MAS Tol Can Sou A D 4s '56 JAJ Paducah A Illinois— 1st s f 5s Nashv Pennsylvania RR— Con M 4s gold 1943 66% MA N 68% do 4s gold 72 1948...MAN 70% do 4s gold 1948 sterling 65 67M stamped dollar bonds do 68 M 4Mb g 1960 FAA Gen g 4Mb 1965 JAD Gen g 5s Dec 1 1968 Hud R JAD 10-year gold 7s Apr 1 '30. AAO k A West Con M 3Ms g £ 1945 JAJ 67 M 69 RE pur mon 1st g 4s '23 MAN Gen ft eq 4s Jne?20,'22 .Q-M b Gen ft eq 4Mb Apr '21/23.Q-J b 42 48 Aleg Val 42 52 1st g gu 60 32 "45" 38 67 73 38 41 m 47 50 40 mm, 61M 90 "63" Series C 69% 39 39M 29 38 75 54 Ref 1st g 4s June 1992..MAS Gen M g 4s 1955 red JAD "52"" b "7.87 7% Eq 4Mb Fept'20-Mar'28 MAS 72 75 NY Phila A Nor—1st g 4s '39 JAJ Income 4s Jan 1 1939...MAN N Y Prov A Bost—See N Y N HA Ha rt NYA Putnam—See N Y Cent A Hud River ong Isl and I 1963..FAA do 55 60 do 71M 77 do 60 40 60 Norfolk Ter 1st gu 4s '61.MAN Norf A West gen 6s 1931.-MAN 98 FAA 98 N A W 6.50% Div 6.50% 6.50% 6.50% 58% 1944 opt Jan 1 1929...JAJ Conv g 4s 1932 op 1917.JAD Conv deb 4M8 1938 MAS Imp A exten 6s 1934 New River 1st 6s 1932.. AAO 73"" Ry 1st cons 4s '96. AAO 1st lien A gen g 4s July 1 Conv 6s 71M ----- 6% 3Ms Ser E '49.FAA CStLAPitts 1st 5s g'32AAO 4s'43MAN PittsYoungAAsh5s'27 .MAN 1st gen 4s Ser A 1948 JAD "76" Sodus Bay A Sou g 5s '24.JAJ 103 Sun A Lew 1st g 4s 1936.JAJ Tol Walh Valley A Ohio— 1st g gu 4 Ms 1931 Ser AJAJ 1st g gu 4Mb '33 Ser B.JAJ "73M 1st g gu 4s 1942 Ser C.MAS 76M Penn ANY Canal,See Leh V 74 Pennsylvania A Northwestern— ■ 96 MAS 97 73% Con gen M 4Mb E 1925. AAO Mort bds 5s 1926 Ser A__ JAJ 85 85 Mort bonds 5s 1926 Ser B JAJ 90 83 Northern Ohio—See L E A West 7.50% 71 Prior lien g 4s 75 Eq tr 7s May (yearly). 68 1921-30 MAN 15 St P A D Div g 48 1996..JAD Wash Cent 4s Mar 1948.Q-M C B A Q Coll 4s—See Gt Nor 74 St Paul A Dul 1st 5s '31.FAA 7.50 7.50 6.50% 6.50% 83 63M 62M 66M 40M 64 60 71 15 7.25 b 70M '71% 1968—JAD Dul Union Dep 5s '30.AAO St Paul A N Pac 6s g '23. FAA Reg certs 6s 1923 Q-F No Pac Ter Co—1st 6s '33.JAJ 60 68 96M 95M 103 mm mm 99 108 65 32 83 • 70 68 78 83 SO 79 _ 75M 75X 72M 73M 72M 72M 73M 97 "90"" 90M . mmmmm m mm m mm mm mm mi mm m mm mm mm 89 100% 97 79 m* mmmmm M 75 88 78 77M 88 75 82% St L 79 60 85 85 99% 99M 90 40 Bait— 92 JAJ AAO 85 lstp4s 1937 s f op gu JAJ Pine B1A W—See St.L I, M ASo 40 Col tr ctfs 1926 1932. 80 1921—See Penna RR 1940.AAO Cons 1st g 5s July 1 '43JAJ P B A L E con g 5s 1947JAJ Pitts Char A Yougniogheny— Sale price, 87 M 76M 90 80 Gen Mort gtd 4s 1932.._ AAO Pitts Cin Chic A St L—See Penn RR Pitts Cleve A Tol—See B A O mmrnmm MAN Debenture g 4s Debenture g 4s P S A L E 1st g 5s 82 15 Nominal. 58M 58 M 60 Pitts Bessemer A Lake Erie— 78 60 n mmmmm Pine Creek—See N Y Cent A H ud Rlv JAJ I In London, i 7534 58M 100"" Philippine Railway— Northw Term g 5s 1926 gu.JAJ Norwich A Wor—4s 1927. MAS i Last sale. 78M "64M Pensacola A Atl—See Lou A N Phila Wilmington A Debenture 4s 1922 Ogd'bu A L Cham—See Rutland accrued Interest, mm 9734 96% 96% 96% 88 6.90% Phila Newt A N Y 3s '42..AAO 80 Phila A Read—See Reading Co 94M 1st M 4s extended 1936. MAN /ThiJ price Include* 79 94 1930 Philadelphia A Erie— Gen (now 1st) gu 6s g '20.JAJ Gen g 5s July 1 1920 74M AAO Gen g 4s July 1 1920 52M AAO 71M Phila Harrisburg A Pittsburgh— 1st mort gld 5s 1925 AAO North Ry of Cal—See Sou Pac North Pac Coast—See No Shore North Pennsylvania— Gen g 3 3-lOs 1953 82 80 Petersburg—See Atl Coast Line 70 Phils A Bait Cent 4s 1951.MAN Phila Bait A Wash—See Pennsy lvania 93 88 "79 60 Peoria A N W—See Chic A N W Peoria Ry Term—See Cb R I A Pac 85 6.25% Peo A Pekin Un 1st 6s '21.Q-F 2d mort g 4Mb Feb 1 '21 MAN 60 1st consol g 4s 50 70 71M 52M Jan 1997..Q-J Gen lien g 3s Jan 2047-.Q-F Ref A imp 4Mb 2047 Ser A JAJ 80% 67 71M 75 90 Northern Pacific— 8.75 67 JAJ 1 76 80 mrnmm 82 Peoria A Eastern—See Clev Cin Chic A MAS Sept 1929—MAS m 68M ClearfieldAJeff 1st 6s '27. JAJ 74 M m "68M _ Gen 5s Jan Sept 1929 sub rects part paid Full paid 1953..JAD 4s Ser G. 1957. MAN 4s Ser H 1960. FAA Pitts Va A Char gu m 80 Ser Norfolk Southern— ' "84 JM 80 Ser C 1942..MAN 4s Ser F 55 mm . 62M do 4s Ser D '45..MAN 60 78*4 90 85 do 4Mb Ser J '64 MAN 5s 1954 opt..JAJ 6.75% 30 78 do Norf A Sou 1st 5s 1941.. MAN 7.25 72M 79 do Ral A Cape F 1st 5s '43.MAS Ral A Southp con 5s '65. JAD Suffolk A Car con 5s '52..JAJ 6.75% Con g gu 4MsSerA '40AAO do Ser B 1942..AAO do '61 op '15.. FAA 7.25 Pitts C C A St L— Norf A Caro—See Atl Coast L HAH 93M •• m JAJ 1940 75%. 83% 102% *98 95 " 76% 76 % 79 nb 65 85 68 70 Prov Sec deb 4s 1957 gu MAN Prov A Springf 1st 58^22. JAJ 6.50% 6.50% 6.50% 102M ClevAMarietta,4M8'35 MAN Cleveland A Pittsburgh— SerA4Ms gen gtd 1942. JAJ SerB4M8 gen gtd 1942 AAO Int red to 3M% Ser C 3Ms gen gtd'48MAN Ser D 3Ms gen gtd '50 FAA D Rlv RRAB gu g 4s 36 FAA Erie A Pittsburgh— Gen gu g 3Ms SerB '40.JAJ Muskegon Div g 5s '26.JAJ Holidaysb Bedford A Cumb 1st M g 4s 1951 guar.JAJ Ohio Connect'g 4s'43 ..MAS Pennsylvania Company— 1st M g 4Mb 1921 JAJ Col tr4MBJ'nel5'21 JAD 15 Gu g 4s 1931 op 1921. AAO Gu tr ctfs g 4s 1952..MAN Gu tr ctfsg 3Mb 1937.MAS Gu tr ctfs g 3 Mb 1941. FAA Gu tr ctfs g 3Ms '42..JAD Gu tr ctfs g 3Ms *44..JAD Ph Bait A Wash 4s '43.MAN 1st gen g 83 Cin Leb A Nor 4s 1942.MAN Gr R A Ind Ext 4Mb '41.JAJ 07% 77 74M JAJ 3Mb 1943 "78%. *83"" Belvidere Del gu 4s 1927. FAA 42 Naugatuck 1st 4s '54..MAN gu.JAJ Consol g 5s July 1 '45._JAJ N YANE Bos Ter 4s '39 A AO N Hav A North 4s '56 gu JAD N Y Prov A Bos 4s '42.. A AO N Y Westchester A Bos Ry— 1st M g 4Mb 1946 gu-_JAJ 1st A ref g 5s 30 75M gen 4s 1942...MAS BaltChesAAt 1st g 5s'34 MAS New Eng cons 4s '45 L 7834 10 78 Col tr 4s Ph W A B 1921.JAJ 1937.MAN NYA Rockaway Beach—See N Y Susq A W—See Erie 70M 80 JAJ AAO N Y Westc A Bos—See N Y N 88 JAJ JAJ 4Mb 1955 gu Pan American 1st 5s '34 op 91M 7.25 Eq tr 4Mb 1920-1924.._FAA Col Con A Ter 1st 5s g '22. JAJ 94M "72" Pere Mai^uette (New Co)— 65M Scioto Val A N E1 st 4s' 89 M A N Wes* 1st g 5° -Tuly '56 Ser A North A South Caro—See Caro Atl A JAJ 1st g 4s July '56 Ser B 7iM N'east of S C—See Atl C L of S C JAJ Perkiomeu. Ist5s'18ext to'38 Q-J 79M Northern Cal Ry—See So Pac 77 2d 5s 1918 ext to 1938...Q-J Northern Central— 69 '34..JAJ Merchants' Dlsp Trans Co— Det R Tun con 64 % 70% Pacific Coast Co—See Misc Bds 73M 73 Mahon C RR 1st 5s MAN BayCABClstM g3s'89 JA D Bat CAS 1st gu g3s'89 JAD Housatonic Conv 87 MAN '61. AAO KA AGrR 1st 5s'38._JAJ Kal A W Plg'n g 5s *40 JAJ 3Ms 1952 48 M "50M Clev Short L 4Mb 1st g Oregon Short Line—See Un Pac Oswego A Syracuse—See D LAW 87 N A W Pocahontas 4s '41 JAD 1997...JAD MAS 4sJolANInd'57 JAJ 10 3Ms JLASag '51 MAS 92 70 Cart A Adir 1st 1st g 1st g 61 57 55 JAJ - 50 72 7.37 Eq trust 4M8 1920-26..JAJ Michigan Central— 0s cou '31 DABC div MAS Deb g 4s 1929 AAO Equip 5s Oct '20-'31_.AAO Equip 6s Sept *20-'32 MAS 1st 5s Kal A SH 1939.MA N 1st mtge M Air L 4s '40 JAJ hwest 69 '20-'22MAN Con g ref 3M8 Deb g 48 1928 Gold 4s 1931 95M 94M New York Ontario A Western— 72 Lines eq 4M8'20-'25 JAJ Lines eq 4M8 '20-'27JAJ Lines eq4M8'20'-28 JAJ Lines eq 4M8'20-'32 JAJ Bos A Alb eq 4M8'20-'27 AAO L S Col tr g 3M8 1998... FAA MCcol trg 3M8 1998..FAA Beech Cr—1st 4s g gu '36 JAJ '40JAJ '51 AAO 4sg'81..JAD Gouv A Osw 1st 5s g '42 JAD Lake Shore A Mich South— Ore RR A Nav cons 4s'46JAD 67% Prov Ter 1st g 4s gu '56. MAS NYA Nor—See N Y Central A Hud River "71 AA015 Beech Creek Ext 3 M8 July 1 1920 Gen 5s Apr 1 1925 20" JAJ Oregon-Washington RR A Nav 1st A ref g gu 4s '61 opt..JAJ 76 RR—See Erie N Y A L Br—See Cent of N J. N Y New Haven A HartfordDeb 6s Jan 15'48conv_JAJ15 Deb 4s July l'55non-conv JAJ Deb 4s 1956 non-conv._MAN Deb 4s 1947 non-conv..MAS Deb 4s Apr 1 1922 AAO Deb 3M8 Mar 1947 MAS Deb 3M8 1954 non-conv AAO Deb 3M8 1956 conv JAJ Bos AN Y A L lst4sg'55_FAA 23 Ask. gold 1924. FAA JAD Jan 1938 99M N Y L E A W C NYC NYC NYC NYC 2d guar g 5s 1936 ClfBit C Co 1st g 4s Y C A 75 70 68 MAN 2013 op.AAO JAJ '22..AAO N Y Connecting RR— 1st M 4Ms. 1953 7.25% FAA 7.25% NYA Gr'wood Lake—See Erie 8% 65M 70M York—See Erie 67 New Lon Nor 1st 4s '40 JAJ A Sout New Mex RyAC'l—See El Paso 40 New Orl Gt Nor 1st 5s '55.FAA New Orleans A North E 6s 1915. 80 Extended at 5% 1940..MAN 60X New Orl's Term 1st 4s '53..JAJ New Orleans Texas A Mexico— 1st g 6s Oct 1925 Ser A..JAD 47 Non-cum inc 5s Oct '35 Ser A. f vllle A Newport A Cin Bdge—See Loui Newp A Rich—See Conn A Pass N Y B A M Bch—See Long Isl N Y Bay Ext RR—See Long Isl New York Central RR— 87% Conv deb 6s 1925 MAN Con M 4s 1998 Ser A...FAA New York Cent A Hud River— 64M Ref'g g 33^8 July 1 1997 JAJ NYC Lines eq 5s 88 N Y C A St L 1st g 48 New J er A New Eq tr 7s Apr 15 '21-'35. 98 100 Utlca A B Rlv 4s g 1922.JAJ West Trans Co 3 Ms *23. FAA West Shore 1st 4s 2361—JAJ Junction—See N Y Central Ref A Imp 4M8 1932..JAD 1 anlaRR 3M8 July 1 1932 JAJ Oregon A California—See SoPac 71 63M 1928...JAJ 56 8Z° 4s 87 M 3M8 '22.AAO St Lawr A Adiron 5s, '96.JAJ 2d gold 6s 1996 AAO 92M July 1914 coupon on July 1914 coupon off 1st cons g 4s 1951 AAO April 1914 coupon on April 1914 coupon off Nebraska—See C B A Q New Eng RR—See NYNHAH New Hav A No—See NYNHAH Deb g 4s 64 1928.. AAO Pitts McK A Y 1st 6s '32 JAJ Con 5s Deb 4s 1942 tax-exempt.. JAJ Old Colony—48 4s Dec 1925 2d 6s guar 1934 Jan 1914 coupon on N J 61 R W A O cons g 79 AAO April 1914 coupon off. 6% g notes June 1915—JAD Nat RR of Mex p 1 g 4Mb'26JAJ FAA 2000 MAN '27.. AAO 1993.AAO R W A O con 5s July 7.50 65 M Jan 1914 coupon on July 1914 coupon on July 1914 coupon off Gen M 4s 1977 Ohio River—See Bait A Ohio 5s Jan 1 ' Eq 4M8 Sept' 20~Sept'22MAS Montgom Div g 5s 1947. FAA St Louis Div 5s 1927 JAD St L A C 4s guar 1931—JAJ Ohio I A W—See CCCAStL 70 N J June 1st 4s gu '86... NY A Har 1st g 3M8 .NYA Nor 1st g 5s Pennsylv 71% MAS MAS Moh A Mai 4s 1991 Consol g 3M8 2002 7.37% Bid. Ohio Connecting—See N Y Cent A Hud Rlv— (Conrt) Pacific—(Concluded) Eq 5b Nov'20-Nov'21__MAN 6 Gold 4a Mar 1 1945 opt. MAS 3d 7s ext to July 1938 at And defaulted bonds. Bonds. Ask. Bid. Bonds. Ask. Bid. Bonds. [VOL. 110 . except where marked "f" and Income t Tax-exempt. RR JUNE, 1920.] RAILROAD NOTICE.—All bond Bonds. prices Ask. arc Gold 4s Feb 1 1952 Hud 8onds. River 1st 50 85% 88 60 Wil & S F 1st 5s g 1938.J&D 84% 88 60 St P & N Pac—See No Pac St Paul Union Depot Co 5%% 1st 85 Youngs & Ash—See Penn RR Ogdensburg— Santa Fe Pres & Ph—See Atch Sault Ste Marie Bridge— 83% 84 % 83% M&N Falls—lstg4s'26M&N. Debenture4s Aug 1927__F<fcA Portl (Me) Term gu 4s '01. J&J & Guar 5s 1961 J&J& 1st M Stamped Cent & at 77% 6.25% 79 65 70 91 94 ~95*" 81 86 78 mm 96 94 90 Wilm & No 1st 5s '27.J&D Gen g 5s Aug 1 1932.Q-F Phila <fc Read Coal <fc Iron— Col s f g 4s ext'32 guF&A m 90 89 " *m 90 80 RIchm <lfc Danv—See Southern Ry Rich Fredericksb & Potomac— m Mecklenburg—SeeSoRy Rutland—Con 4%s 1941 J«fcJ Benn&Rut 4%s g 1927.M&N Ogd&LCh 1st g gu 4s'48_J<fcJ Rutl Can 1st g gu 4s '49 .J&J Equip tr 4%s 1923-27—M&N Sag Tusc & Hur—SeePere Marq St Clair Mad & St Louis Belt— 80 Ral'h&Aug'sta—1st 6s'26 J&J Ral'h&Gast'n—1st g5s'47J&J Seab&Roanoke— lst5s'26J&J Seacoast RR of N J 5s '48. A&O Seattle Term 6s 1920-1930 1934 J&D Eq 4%s 1920-Sept 1923.M&S Car tr 1st refdg 4s g g'd '49.F&A Oct 1 1954.A&O M 3%s g g'd Aug 1'29_J&D 60 Galveston Harrisb & SanAn Mex&P Div 1st 5s'31_M&N 2d M 5s 1931 gu J&J Gila Val Globe & Northern— 65 1st g 5s 90 Bt L Iron Mt&Sou—SeeMoPac Bt. L Mar Br Co—See Term RR 8t L Peoria & N W—SeeChic <fc N W Bt L Rocky Mt <fc P 53 1955—See Misc La 1st 1 g 5s 1937 J&J Gen gold 4s 1921 A&O Waco&NWDlvG3 g'30M&N Cos,p.45 64%( Pr 1 5s 1950 Ser B J&J Prior lien 6s 1928 Ser C__J<fcJ 65%j Cum adj 6s July 1955._.A<fcO Income mtge 63 July 19600ct / 83%! 61%: 47% 99% 83% 66% 54% 66% 37 — — — «■ m mmmmm 99% Pacific RR 62% 54% 55 "7% 7% 65 W 52 60 1st M 6s 1929 92 98 | Develop & gen M g 4s'50 A&O 6% notes 1922 M&S Eqtrg4%s Aug'20~Feb'21 F&A Eqtrg 4%sOct'20-Apr'20A&O E Tenn reor 1st Mem div g 5s 1996 —.J&J St Louis Div 1st g 43 1951 J&J Aiken Br 1st g 4s 1998—J&J 1st M 4%s 1944 ser A.J&J R I & 1944 ser B.__J&J Atl & Danville 1st 4s '48.J&J 2d g 4s 1943 Atl & Yad 1st gu g J&J 4s'49. A&O Pac J&J 78% 83 1st consol g 6s 1933 J&J con red to 4%s g '33. J&J Montana ext 1st 4s^37„J&D 99% 83% 76% 101 con 65% 76% 96% E Nor dlr 1st g 4s 1948. A&O 78 /Thli price includes accrued int. Sept 1 '42—M&S Min W & Kana & Mich 1st 4s 1990 A&O 2d M g 5s 1927 J&J 7.37 7.25 6.85% St Mary's Div 4s g 1951. F&A Toledo Peoria & Western— 69% 61% 71 78 80% 7.37 Eq 4%s July'20-Jly '22J&J Eq 4%s July'20-Jly '24J&J 1st g 4s July 1 1917 Toledo St L & Western— 62 78%; 68%! 95 Pr lien g 3%s July 1 '25—J&J « » 1 1 1 N T* 1 I ! 75 Om *40"" 80 85 74% 80 63 64 103 101% 81 90 80 Ulster & Del 84% 88 96 87 93 1st ref g 1st Ry Conv 100 70% 70% 89% 83 7.73 7.73 mm. m ~ mm 59 ■ " "79% 60% 7% 7~75 7 7% 7% 75 55 25 31 76 46% 47j 343 12] ""7" 64 66 98 100 5s 65 1928—J&D 70 85 A&O 58 65 & 1 4s g 4s g 1947—J& J J&J 1927 77% 78 81%; 81% 71% 10-yr 6s July 1928 97H| J&J 6s'22.F&A 1946...J&J gills '29, op'07_J&D 1st consol g 5s g Ref g Utah & Northern— 7s'08extat4%to'33 J&J Consol gold 5s 1926 J&J Union Terminal Co (Dallas) 1st g 5s 1942 op 1922—A&O United N J RR & Canal CoGeneral gold 4s 1923 F&A General gold 49 1929...M&S General gold 4s 1944—_ M&S Gen 1st g 3%s Mar 1 '51 M&S 72 97% ac Nav 96 Tl% 84 78% 80 87% 79% 86 75 80 89 90 93 87 92 81% 70 Utah & Northern—See Union P aciflc Utica & B1 R—See N Y C & H Hud Utica Clint & 94 Vandalia RR— ~75~" Upper Coos—See Maine Central Bing—See Del & 79 61% 69 70 89 81% 56% 92% 7% 7% 50 83% 81% 60 1st & ref 4s June 2008—M&S 1st 96 con 4s 1952 Oreg Sh Line 1st 61 88% 92 78% 50 Sou P Pacific Fruit Express eq—see Ore RR & Nav—See Ore-Was h RR & *93" 80% 56% 77 Union Pacific— 94% 80% 85 J&D 1946 Troy & Boston—See Fitchburg Troy & W T Bdge 5s 1939.J&D 94 98% 80 Tol Walh Val & O—SeePennRR Toronto Ham & Buffalo— 1st g 4s June 1 84% 80% J&J / 1st g 4s Apr 1 1950 A&O Col tr g 4s Ser A 1917—-F&A Union Tr ctf dep. Tol Term lst4%s 1957 gu.M&N Con g 4s 1955 Ser A F&A 70 84% Ser B 1957 M&N Vera Cruz & Pacific RR— 1st g 77 81% 50 4%s 1934 opt J&J 81 ■ Verdig Val Ind & W—See Mo Pa 82% Vermont Val 1st 4%s '40. A&O 66 Vicksburg & Meridian—See Ala & VIcks mmmTm 52% VIcks Shreve & Pac— P 1 6s '15 ext 5% '40—.M&N May 1 1941 M&N Virginia Midland—See So Ry 5s 1st con g 5a 1958 Virginian Ry— e 5s 1962 ont J&J « 83 75 Sale price. 79% M&Ni 82 60 A&O EqGsOct'20-Apr'^.Q(3-a) A&O I In Londou. 77 70 — Va & Southw 5s 2003 k Last sale I I North 97% 6.50% 6.50% 1<*t. M 86 81% 80% 1st gug 5s 1930— F&A Toledo CanSou & Det—See Mlc h Cent Toledo & Ohio Central— 76] 1st 5s g 1935 J&J West Div 1st 5s g 1935—A&O 77j Gen g 5s 1935 66% __J&D 7.75 76% Car tr 4s Ser B 1925 J&J Gen 90% Pacific Ext 1st 4s £ 1940J&J Eastern Ry of Minnesota— g 5s Weatherf'd 70 Atlanta & Charlotte Air Line 1st M 5s St Paul & Duluth—See Nor Pac Bt Paul East Gr Trunk—See Chic & N W lien 5s 1938. M&S A&O Texas & Okla—See M. K & T western Texas & Pac 1st 5s 2000 J&D 2d Inc g 5s Dec 2000 Mar Lou Dlv 1st 5s 1931 J&J Texas & Consol gold 5s 1943.J&J Dallas Div 1st g 4s'30.F&A *90*" *90% Texas Central—1st 5s 1923A&0 Texas & New Orl—See So Pac Cal So Pac Coast 1st g4s '37.J&J N O— 88 "95% Tex 100 1st con g 5s gu 1937._M&N 1st ref g 4s 1955 op '10 J&J gold 4%s 1939. Mer Bdge 6s '29 op '09 F&A Terre Haute & Ind 5s 1925.J&J 1st 68 Southern 96 Terre Haute & Peoria— 66 Southern Railway— 1st consol gold 5s 1994__J&J 61 d On basis of $5 to the £. • San Fran Term 1st 4s'50 A&O I 47%( SiephenvN&STex5s'40op.J&J Bridge & Terminal Ry_. *85*" 75 87% 62 St Paul ft Basis, 1st 87% 59% So Pacific Br 6s 1937...A&O 80 40% 53% 1st term & unif 5s 1952.J&J 51%' Eq 5s Ser D 1920-1923—F&A 67.70% Eq 53 Ser E 1920-1924._A<fcO 67.70% Cent Ark & Ea 1st 5s'40opJ&J 55 77 Grays Pt Term g 5s '47. J&D Shrev Bdg&Ter 5s '55 guF&A 63 1st J&J 1921 I Louis Southwestern— g 4s 1933 6s 84 80 2d g Inc 4s Nov '89 cert__J<fcJ 1st consol g 4s 1932 J&D cons 1st Morgan's Louis'a & Texas 1st g 6s 1920 J&J North Cal Ry g 5s 1929. J&D NoRy ofCal 5s g gu 1938A&0 Oregon & Cal 1st 5s 1927.J&J S A & Ar Pass g gu 4s '43. J&J Bt L South—See Illinois Central Bt Louie-San Fr (reorganized) J<fcJ West J&J 1st consol gold 5s 1944._F&A Gen ref s f g 43 '53 op '10. J&J St L Br 1st g 7s 1929—.A&O StL Mer Bdge T—5s'30 A&O "90*" Nov 1 1924..M&N 1st 5s g May 1 1933..M&N 1st guar g 5s Mar'33.M&N Houston & Texas Central— 1st 80 Houston East & West Texas— 55% 53 7.12% Stephenv N & S Tex—See St L S W 7.12% Suff & Carolina—See Norf & So Sunbury Hazleton & W B— 60 1st 5s May 1 1928—M&N 90 2d mort inc 6s '38 90 72% coup. M&N Sunbury & Lew—See Penn RR Superior Short Line—See Ch St P M & 98 Tampa & Jacksonville— 80 5 1st M 5s 1949 ctf. dept. A&O 30 74% Tampa North 1st 5s 1936opJ&J 83 Term RR Assn (St Louis) 90 4%s '20-Mar'23_M&S 1st g gu4s "78" 50 60 51% 87% 1st g 5s 1955 J&J 41% State L & Sulllv 4%s '29..-J&J 50 Staten Isld Ry—See Bait & Ohio 85% Pacific Fruit Express equip 7s June 1 1925-1935 (yly) J&D 6 Au3t & Nor 1st 5s g '41—J&J Central Pacific 6t Lawr & Adir—See N Y Cent St. Louis A1 <fc T H—See 111 Cent St Louis Br—See Term RR Assn 8i L <fc Cairo—See Mobile <fc O Bt. Paul AKC Short L—See Ch Bt Paul Minn & Manitoba— 73 1st 6s g 1939 5s'28.M&Sj Conv g 5s 80 '47—J&J J<fcJ ..... Ga Car & N—1st 5s g '29.J&J 70 Alton Bridge 1st g 4s'51_J&J 8t Clair Term 1st 5s 1932. F<feA St Johns & L Cham—5s'44 MAS St. J & Gr Isl—1st M<fcN 75* 78 Southern Pacific Co— Coll tr 4s(CP) Aug 1 '49.J&D Conv g 4s Jne l'29op'14.M&S Rocklsl & Peoria—See C R I «fcP Rome W & Og—See NYC&H 1st g 4s 1989 certfs '64*" South Bound—See Seaboard AL Sou Indiana—See Ch Terre Hau te & 8 Col tr g gu 4s 1943 opt—J&D 70 Rio Gr June—See Denv & Rio Grande Rio Grande So—See Den <fc Rio Grande Rio Grande West—See Denv <fc Rio Gr ande Roch <fc Pitts—See Buff R <fc P Rock Isl-FriscoTerm—5s'27 J&J 78 87 Rock Isl Ark & La—See C R I & Pac Bt 8.12 So Bound 1st g 5s'41_A&0 Georgia & Ala 5s Oct'45.J&J Ga&AlaTerm lstg5s'48_.J&D Sioux C & Pac—See Chic & N W Sodus Bay & Sou—See Penn RR Somerset Ry 1st & ref 4s'55. J&J 80 ~50"~ 52% Spokane International— — Richmond-Washington Co— Con M 4s July 1996 J&J Birm Belt 1st g gu4s'22_A&0 Sou West Dlv g 5s 1947.A&0 8.12 Shamokin Sunb'y & Lewisb'g— 2d 6s g July 1 1925 J&Jj 94 96% Sherman Shrev & Sou—See Mo! Kan & Shreve Brdg & Ter -See St Louis South Sierra Ry of Cal— 58 1st s f 6s, g, Apr 12'37. A&012 mt Rich & Peters—See Atl Coast L 8t Louis <!fc San Francisco— Gen mtge g 63 1931 J&J Gen mtge gold 5s 1931__J«fcJ 34 mrnrnmm Saratoga—See Del & H 1950 Ser A 5i% 33% .mmmmm 90 1940.— A&O 55 .—.J&J Sebast & Mooseh 1st 98 97 SpartanU&Col—See Ashv&Spar Pacific Spokane Falls & Northern— 54% Peninsula— 6% 92 S & N Ala—See Louis & Nashv South Pac Coast—See Southern 100 40 Eq 4%s July'20-July'22J&J15 Eq g 5s Aug'20-Aug'23 F&A15 Atlanta-Birmingham Divis— 1st g 43 May 1 1933—M&S Car Cent 1st g gu 4s'49—J&J 76 §5" Va Mid Series D 4-5s'21_M&S Series E 5s 1926—..M&S Series F 5s 1931 M&S Gen'l 53 1936. M&N Wash O&W 1st gu 4s'24 F&A 50 41% M&S 1st 1 g ext 5s gold '30—J&J 1st con 5s gold 1943—J&J 7.37 S Fe 70 1st & con 6s 1945 Ser A Reading Company— Gen g 4s Jas 1 1997.—J&J Eq 4%s July '20-Jan '27. J&J Jer Cen g 4s '51 op '06__A.fcO Atlantic City gu 4s 1951 J.fcJ 1st M gold 5%s 1929. M&N W&N a tr ctfs 4s red 105.Q-M Phlla & R—2d 5s g 1933_A.fcO Imp M ext g 4s 1947. A&O Cons ext gold 4s 1937. M&S Term 5s g gu May 1 '41 Q-F Del R Ter p m g 5s '42M&N Ex p mon g 5s 1942.J&J 76% Top & .... 1st g 5s 1918 ext to 1923 100 95% 27. A&O Mecklenburg— 1st g 4s Nov 1 1948—M&N „ Adjust M 5s, Oct 1 '49—F&A Ref g 4s 1959 opt A&O Florida 89 87% Richmond & sfg 5s July 1 1937.J&J Raritan River—1st g 5s'39_J&J Ravensw Spenc <fc Glen—See Ba It & Ohio Pr 1 4s Rlch&DanDeb5sstpd Scioto Val & N E—See Nor & W Seab Air L—1st g 4s 1950. A&O 92 Ral&CapeFear—See Nor South. Raleigh & Gas—See Seab Air L Ral <fc Southp—See Nor South'n Raleigh & S W—See Chesapeak e & Ohi g 4s 85 Schenectady & Duanesburg— 1st guar 6s 1924 M&S Schuylkill River E S—See B & O Prov & Spring?—SeeNYNHcfcH Providence Term—SeeNYNH& H 6 2% Prov <fc Wore—1st 4s 1947.A&0 Raleigh <fc Augusta—See Seaboa rd Air Line Cons mtge 4%s Rich <fc Gen M er 4s 1945 J&J Mobile & O coll tr 4s '38 M&S , 80 Sav&States—1st g gu 5s'53 J&J 80 Port Reading—1st gu 5s'41_J&J Ports Gt F & Con—SeeBos.fcMe 87 Potomac Val—1st gu 5s g'41J&J Princeton & Northw—See Chic & N W Prov Sec Co.—See NYNH&H 60 im 51 Ga Pac 1st g 6s 31922 J&J Knoxv & O 1st g 6s 1925.J&J Sav Fla&W—See Atl Coast Line 4 40 84 Consol 1st g 5s 1956..M&N Ga Mid 1st g 3s 1946—.A&O San Fr & S Jo Yal—See AT&SF San Fan Term—See Sou Pacific Portland & Jit. L & N So joint g 4s—See L&N Mob & Birm pr lien 5s'45 J&J 1st M 5s 1938 _M&N San Ant & Aran Pass—SeeSoPac 92 Bid. Railway—(Con.)— Aug South g 5s 1924 J&D ETVa&Ga—Dlv g 5s'30J&J 100 guar notes Decl5 '23.J&D15 Salt Lake City Un Dep & RR— 1st g gu s f 5s 1942 J<fcJ WestSideBelt 1st g 5s'37M<fcS Pitts Va & Chas—See Penn RR Pitts & Western—See B & O Sens & 94% 90 5s bonds. Bonds. Southern 96% Plttsb Term RR & Coal— Port&R Ask. July 1922 J&J 1st gd 6s '37.J&J guar gold 5s 1937._J&J 2 6% receivers' ctfa 1918._M.fcS 37 Bid. Mont Cen F&A I 1st M 4^3 1928 guar BONDS where marked "f" and Income and defaulted St Paul Minn & Manlt (Concl) Minn Union 1st 6s 1922—J&J 5 Pittsburgh & Shawmut— lsts f g 5s 1959 opt J&D Pitts Shen&LE—SeePBess&L E Pittsb Interest" except Bid. Pittsburg Junction—See B & O Pitts & Lake Erie—See N Y Cent & Pitts McK & Yough—See NYC Pitts Shaw&N—1st g 5s'49 F&A / "and 74 7.50 75 7% Bid. Bonds and Stocks. Wabash—lit fold 5» 1939 MAN Id fold 5s 1939 FAA Dsb mort 6s ser B 1939._JAJ 1954,—JAJ Dat A Chi ext 1st f 6s '41 JAJ DBS M dlr 1st g 48 1939. JAJ Tol A Chic 4S g 1941 MAS Omaha Dlv 1st 3%s g '41AAO Warren RR—See D L A W Wash A Colum Rlv—4s '35 JAJ Washington Cent—See Nor Pac Wash Co Ry—See Maine Cent Wash O A W—See Southern Ry Wash Term Co.—3%s 1945.FAA 1st f 4s 1945 guar FAA Weatherford Mln Wells A N- 83 83% Chicago A North Western.. 100 73% 75 110 7% pref temp ctfs 6% pref temp ctfs—------Chicago St Paul Minn A O—100 "68% "88" '75% 62% 6934 eTex A West Jersey A Sea Shore— Consol g 4s 1936 JAJ Cons 3%s g Ser B 1936..JAJ West Maryland—4s 1952.. A AO 5% gold notes 1915 op._JAJ Ball A Harris g 6s '36..MAN 1st M West Ext g 5s '38MAN Coal A Ir Ry 5s g 1920.-FAA West N Y A Penn 5s 1937.. JAJ Qen mort gold 4s 1943..AAO Income g 5s Apr 1943_.Nor 1 / Western Pacific RR Corplit M 6s Mar 1 1946...1 84 75 49% Columbus A Xenla (Guar)— Wichita Union Term Ry— 1st g fta 4%s '41 opt...MAN Wllkes-B A East—See NYSAW "81% 83 5434 60 22 26 100 Dayton A Mich com (guar). 50 Cuba RR preferred 51% Detroit A Mackinac 46% Preferred I 84 d 25 d 70 15 89 ast Penna 63 50 50 (guar PAR)... (guar)— lmira A W'msport 35 Pref (guar Nor Cent) 80 1st 50 pref 59% 61% preferred.... preferred.. 100 100 67 Preferred 100 Huntlngd A Broad Top vie d 40 42 50 d 48 50 Alabama A Vlcksburg 100 Albany A Susquehanna (gu)_100 Allegheny A West (guar)... 100 i.40 Preferred vtc ieo" 84 2 3 d 66 69 Augusta A Bar (guar) 100 88 100 31 31% 42% ] 27% „100 d Stsch Cr (guar NYC) 60 8ost A Alb (guar NYC ...100 Boston A Maine 100 Preferred ioo 41% 26% xlll% Preferred 125 100 60 1st 100 55 ioo Bosl A Prov (guar Old Col). 100 Boston Rev Beach A Lynn.. 100 135 90 57 Spec guar 50 betterment stk..50 56 80 90 8% 14% 20 "42" 60 43 A 45 50 30 Pref (guar L S A M 8)11II 50 d 59 "33" Catawissa RR—1st pI (guar) 50 33 Id pref (guar P A R) 50 d 37 Cayuga A Susq (gu D L A W) 30 d 185 Central of New Jersey 100 53% Chesapeake A Ohio ...100 6% Chicago A Alton RR 100 d 10 22 |99% "40" 65 50 118 Preferred 100 Central. .100 x 205 54 9% [Inneapolis StPASSM—100 115 d 45 50 85 1334 7034 .100 81 4% Leased Line Ctfs .100 50 15 ..... 119 117 125 43 250 225 240 240 m m m — "95" 32 1134 24 85 "13% 30 95% 22% 57 40 10 42% 12 14 17 d 82 6334 100 164 96 Susq Val (gu)-100 50 Utlca Clinton A A 50 118 United N J RR A Canal (gu)100 Utica Chen A 44 109 25 .....100 Preferred 54 85% 23 BlnghamtonlOO Valley RR (N Y) (guar) 100 "48" Vermont A Mass (guar) 100 Virginian Ry— 100 *85" Wabash Ry ..100 100 i 80 78 ""834 24% 100 100 15 100 Warren N J (guar DLAW) 60 d "5l"" 9% 42 West Maryl Ry com 100 27 1st pref 13% -.100 16 72 2nd pref 100 29% 88 Western Pacific RR Corp—100 60 54 Preferred 100 d 35 West Jersey A Sea Sh—Com 50 1034 Wheel A Lake Erie Ry 100 75 72 Preferred 29% 74 112% ..... Empire Tr Co ctf dep Ware Rlv RR (gu B A A).._ Preferred "5% 6% 7% 21% 125 105 85 Pref B 38 38 87 83 116 d 82 Pref 45 74 Southwest'n of Ga (guar)—100 Texas A Pacific jlOO | "38" 25 54 Toledo St L A Western..... 100 ~43% 7 10 III 100 Preferred "66" 10 Ioo" 2 75 20 41 ..1C0 "72" Empire Tr Co ctf dep- — 36 Troy A Gr'buah (gu NYC) 50 40 Tunnel RR of St L 100 Union Pacific—Common.-.100 80 100 190 70% Preferred 35 62 100 47 100 Preferred d 60 90 180 d Southern Ry common Mob A Ohio stock tr ctfs 31 45 d Southern Pacific Co 30 d 50 d 100 50 d 100 68 66 11 25% 24% £2 100 Preferred 20 d 40 105 8 100 Pref stock tr ctfs Ser A—100 St Louis Southwestern 100 Preferred .100 Saratoga A Schenectady (gu)100 Seaboard Air Line com 100 62 a .100 Wisconsin Centra! 7 Wrlghtivllle A Tennllls, com 7% 16% 100 100 25 25 d 15 22 100 100 100 ioo "33" 50 d Price per share, not per cent. 50 J 137 pi Valley (guar). .100 100 100 50 ittle Miami orlg guar 90 .100 pref preferred 5 ioo 100 85 2d 3 com. 100 dep 105 A ""II 39% 8t Louis-San Fr stk tr ctfs. 42 d Preferred 20 Camden A Burl Co (guar).. 25 d 40 Canada Southern 100 Canadian Pacific 116% 100 Preferred 100 Id 56 Preferred ..100 Chic Burl A Qulncy 100 ChlcAEast 111—com ctf dep. 100 6 95 St Louis Bridge 1st 100 78 Buffalo Roch A Pittsburgh.. 100 Preferred. ioo Buff A Susq RR Corp com. 100 Preferred.. ioo Preferred 7 16% Sharon 100 Preferred 75 dx -100 100 preferred.... 2d preferred 45 -.100 83 70 100 preferred 1st 100 47 45 1st Preferred 80 85 ..100 16% 36% 45 ____100 City Southern 95 100 73 56 3% ansas 55 65 29 85% 8t Joseph A Grand Island_. 100 150 82 . 76 95 50 84% 81% stpd.100 "83 d 50 50 SOU Pref Cent Tr ctf dep mm • urn m. Id pref (gu). 100 —100 Pittsburgh A Lake Erie Pittsb McK A Yougb (guar) Stk tr ctfs—See RR Secure Co ! C St L A Chic—Pref (gu)_100 89% Pittsb A West Va com..... 100 Rutland .... 100 125 24 Railroad Securities Co— 48 74% 4% 111 Cent Stock ctfi 1952d 85% 36% ReadlngCo — 30 d 40% 1st preferred 50 d 40% 2d preferred — 50 100 14 Rensselaer A Saratoga (guar) 100 220 31 IRich Fred A Pot—Common-100 212 Dividend obligations .100 6% guaranteed 100 7% guaranteed .100 d Rich A P A R F A C Conn. 70 Rio Grande Southern 100 "95" Roch A Genesee Val RR 100 75 Rome A Clinton (gu D A H)100 8 Atlantic Coast L RR com .100 Atlantic lit leased lines rent tr. I com 2934 3 "89" 31% 18% 80 Pitts Youngst A Asht pref—100 Prov A Worcester (guar) —100 35 50 90 23 ""1 7 85 31 60 Common (guar Pa RR) Preferred! 6 86% Chicago Mllw A St Paul Pittsb Ft W AChlc Id 130 Cfele Ind A Louisv Preferred. 56 Id 30 6 102 89 100 80 "92" 15 100 56 47' 90 23% 50 RR).. 100 Pittsburgh Bess A Lake Erie 50 Preferred... 50 Pittsb Cin Chic A St Louis.. 100 13 100 com 1434 d 105 loo Preferred 20 14 25 100 Preferred Phlla A Trent (gu Pa 13 94 29 ' 42 18 100 temp vot tr ctfs. 12 % nd's d Pref 12% 19% 10 105 Chic Qt West Leased lines (guar) d 100 PereMarquette temp vtc Prior prer temp v t c Phlla Germ A Norrls (guar). 20 Atlanta A West Point Pref Eqult Tr ctf 50 90 53% Pennsylvania Railroad 50 Peoria A Bureau Val (guar). 100 Peoria A Eastern 100 40 100 Atlanta Blrm A Atlantic... 100 Allan A Char Air L (guar).. 100 CaroCUnchfleld A Ohio 50 71% 71% 88 stocks 55 74% 100 Pac Coast Co—See Mlsc 45 20 , 95 28 Ogden Mine RR(gu CenNJ) 100 Old Colony (gu NYNHAH).100 Ontario A Quebec .100 Oswego A Syra (gu DLAW). 50 36 30 100 Preferred 50 10 94 Valley—Common. 100 Companies—Pref-.108 Hudson A Manhattan Par 4 228 ulf Mobile A North com .100 28 4 48 36 Deb ctfs A A B—See under bo 24 2 25 84 100 75 mm 220 —100 6 37 140 5 "85 -Pref..100 61% , Id 100 100 100 .100 Norfolk Southern Norfolk A Western Ry 14 5% 32 64% Adjust preferred.. 100 125 No Carolina (guar So RR) —100 d 64 72 Northern Central (gu Pa RR) 50 140 North'n N H (guar B A M).100 "74 95 Northern Pacific Ry 100 45 175 Nor RR of N J (gu Erie) —.100 d 85 34 Northern Securities Co stubs.. d 75 6% North Pennsylv (gu P A R)..50 70 11% Norwich A Wore pref (guar) 100 43 46 Ore certificates. 70 37 30 ..... 65 50 50 57 63% 32 8 New York A Harlem (guar). 50 N Y Lack A West (guar)—100 N Y Ontario A Western —mm 110 d 100 preferred • 100 87 75 62 1st payable In London 100 preferred ...100 Dividend 68 116 66 67 10 2nd 72 62 New York Chic A St Louis.. 1st 50 d New Orl Tex A Mex vtc 2d 101 50 Hudson pref B pref C 1st pref D 100 100 Nashv A Decatur (gu 49 57 69% Hocking 1st pref A 50 Morris A Essex (guar) Nashua A Lowell Nash Chat A St Louis 24 98 134 334 Hartford A Conn Western.. 100 Preferred 55 61 35 — Harrisburg Ports Mt J A Lan 50 Bait A Ohio—Common 42% 45 49% N Y B'lyn A Man B pref (gu) -100 100 62% New York Central RR 17 100 100 ►etrolt Toledo A Ironton—.100 Preferred .100 >uluth South Shore A Atl—IOO Preferred... —100 91 "55" 10 onda Johns A Glov com.. 100 6up A Dul Div 4s 1938..MAN Mlnneap Term 3%a'50op JAJ Wlscon Val—See C M A St P WorNashARoch—4s Jan'30 JAJ 4« Oct 1 1934 AAO Tosemlte Val s f g 6s 1936.JAJ Atlantic Coast L Co of Ct._ Missouri Pac Ry trust ctf3—100 Preferred trust cert If 8 100 Mobile A Blrm pref (guar)—100 Mobile A Ohio—See South'n Ry L A N) 25 82% National Rys of Mex 1st pref 100 Second preferred 100 5 100 Preferred 2nd pref rle A Kalamazoo (guar)... rie A Pitts (guar Pa RR).. par mon 1st g 4s 1951.MAN Preferred- 8 210 12 Detroit Hills A S W (guar)—100 Marshfleld A South East Dlr Atch Top A Santa Fe Preferred.. ..... "72"" Pref (guar CHAD) 50 120 83% Delaware A Bound Br (gu)—100 91 Delaware A Hudson IOO d 165 Delaware Lack A West 50 d 30 Delaware 25 6 Denver A Rio Grande 100 10% Preferred 100 1 Des Moines A Fort Dodge.. 100 78% 80% 70 Wlnston-Balem Southbound 1st g guar 4a I960 JAJ Wise Cent Ry—1st m g 4s'49 JAJ Ann Arbor common 95 "64" Wll A Nor—See Phlla A Read'g Wll A Weldon—See Atl Coast L com 85 25% 25% 42% New York New Hav A Hart. 100 Preferred Wllllamsport A N Branch RR— 1st ref g 4%s 1931 JAJ / Wlllmar AS Falls—See St P M A M Preferred 64 64 50 100 Conn A Passumpslc—Pf (gu) 100 -99" Cripple Creek Central 100 Concord A Ports (guar) 25 1st A ref g 5s 1940 op...JAJ Ala Great Southern 65 58 : Western Pa—1st g 4s 1928. JAD West Ry of Ala—4 %s 1918 Ext at 0% to Oct 1 1928_A<S Western Transit—See NYC RR Co West Shore—See N Y C A H R West 81de Belt—See Pitts Term Wsst Va A Pitts—See B A O Wheeling A Lake Erie RR— 50 1st consol g 4s 1949 MAS 45% Ref M4%,Ser A, 1966. MAS 85 L Erie Dlr 1st g 5s 1926.AAO Wheeling Dlv 1st g 6s '28 JAJ Exten A Impt g 5s 1930. FAA "65" Wheeling Terra—4« 1940..FAA Wichita Falls A Northwestern/ 54 lit 6s Jan 1939 JAJ KAILROAD STOCKS. 10 ———— 55 6% 10% 6% 117 ..... 51% 23 18 82 3734 7334 63% ..-100 Chic Terre Haute A S E—100 56 Cln Indianapolis A Western .100 5 Preferred IOO 190 Cine New Orl A Tex Pac.—100 80 Preferred -100 Cincinnati Northern -.100 d"45"" Cln Sandusky A Cleve pref- 50 48 66 Clev Cln Chicago A St L—100 60 Preferred ---IOO d 56 Pac " Clev A Pitts (Guar Pa RR). 50 d 31 Betterm't stk (Gu Pa RR) 50 23 87 Colorado A Southern -.100 46 80 1st preferred 100 40 50 2d preferred 100 Preferred All. Bid. Par. Stocks A*k. 81% 100 temp ctfs. Preferred "95% lit lien term g 4s Bit. Par. Stocks. Aik. Chic R I A Pac com Sqvlp f 6s Mar 1 1921.MAS bBasls. [Vol. 110. RAILROAD STOCKS 38 "34" 51 / Flat price, k Last sale. 1 In London, in Nominal. 9 Sale price, t New stock, x Ex-div. v Ex-rightl. 39 PUBLIC UTILITIES In the following rearrangement of our quotation lists we bring together under the general designation of "Publlo Utilities," all the different forms of such securities, thinking it easier for the reader to find any particular issue in a general list than when the securities are subdivided under separate heads and there is doubt as to what head to look under. In other words, under "Public Utilities," we include Street and Electric Railways, Gas, Electric. Power. Water Telegraph and Telephone Companies. In quoting Public Utility bonds, we employ the same method as in quoting the bonds of steam railroads. The great majority of issues being quoted "and interest," we use no designating mark whatever where that is the case. On the other hand, we prefix the letter "/" where there is a deviation from this rule; in such cases the interest forms part of the price. Unless, therefore, "/" appears against a quotation, the buyer will understand that the accrued interest Is to be added on. This, however, does not apply to income bonds and bonds in default, in which cases the price takes aooount of the interest (should any payment be announced) and no designating mark is employed. rrt * v ft rr* 1' /n i * j and NOTICE.—All bond price* Bonds. are Bid. Adirondack Elec Power Corp— 1st M gold 33 1962 opt JA, "and Interest* lit M 3s 1946 opt 1921—MAS Bonds. 6% gold notes 1922 JAJ Alabama Water 1st 6a 1932_J&J Deb 7s 1924 75 78 76 ~97~" 166" J&J Albany Ry—See United Tract'n Albany 8ou RR 1st 8s '39.MAS Alleg Bellevue & Perrysv—See 75 Phila C Coll trust g 3-6a 1919 opt.J&J Ctfs of deposit American Gas— Deb 6s 2016 .J&J & Elec coll 5s 20O7.F&A 6% gold notes 1921 J&D 4m Pow & Lt 6% notea'21.F&A Deb g 6s 2016 M&S American Public 8errice— lit lien 6s 1942 J&D imer Pub Utll Coll 8s '38.AAO 50 50 41 96% 3-yr 7% notes 1921 93 60 62 86 70 75 93 92 J&J M 94% 60 70 Arkansas Light & Power— litMsf 6s 1943 A&O 70 75 97 99 6s 1923 75 ----- lit g 8i Jan 1 *60 opt' 20. J&J Atl City & Sh RR—5s '45_ J&D 42 20 30 Augusta Ry A El 8s '40_ J&D 65 80 85 30 50 Salt Traction—See Un Ry A El 1st A ref g 5s 1942 Citizens L,HAP(Johnstown,Pa) 1st g 58 1934 opt 1914—MAN Citizens' Ry A Lt—See Muscatl City City City City lit cons g 5s 1935 opt JAJ Bay Counties Pow 5s '30—M&S 75 BeayerValTracGen g 5s'53MAN BellTelp Canada Deb 5s'25A&0 Berkshire St 1st g 8s 1922.. J&D 65 89 M r "82" 45 ent Crosst RR—See N entral District Corp 44 1st s f g 3s 1943 od '18—J&D ( ent Ga Pow—See Ga LPow& ~88~~ ( entral Hudson Gas & Elec— 1st & ref 5s 1941 J&D ( ( ( 55% 58 54 60 ( 95 98 ( 87 ( Blackstone Val G&E 5s '39. J&J 82 Bleecker St & Ful Ferry—See N Y Rys Blue Lakes Water 1st 6s'38 M&S 105 Boston El L 1st con 5s '24. M&S 85 81M Deb g 4Mb Nov 1941...M&N Deb g 58 Dec 1942 J&D 50 West 1932.M&N 75 M&N 72 62 72 80 25 81% Rys 85 90 54 60 F&A 80 84 entral Indiana Gas— 1st g 5s Sept 1931 _M&S -See Col Ry Po 1946 —.A&O w 8 ( 90 A Lt 85 90 63 60 ..... "75" 84 88 70 80 ( ( harleston Ry Gas A El Consol g 5s 1999 M&S Ch City Ry 1st g 5s 1923. J&J ( hattanooga Ry & Light— 1st & ref g 5s 1956 op '16.M&N Chatt Rys 1st con 5s '56. M&N / 90 55 '90" "75"" c J&J 85 ( "88"" /This price Includes accrued Interest, Col tr 166" 100 s f g 5s Jan 1 1927.A&0 ( hlcago City Ry— 1st g 5s 1927 op up t Last sale, n Nominal, to '12.FAA r 83 35 32 63 60M Canadian price. ~79M 5s'46op FAA Stamped Deb. 5s 1927 _JAJ 65 75 841 841 86 77 82 1st guar 5s 1935 70 JAD Col Lond A Sprlngf Ry—See Ind Col A Columbus Newark A Zanesv— 85 M $ 80 East 1st gold 5s 1924 MAS Gen A ref gold 5s 1926.MAN Col Buck Lake A New Trac Columbus (Ga) Pow 5a'36_AAO Columbus Ry, Pow A Llghtlst ref A ext s f 5s 1940. A A O Col Ry 1st 4s '39 opt '14.Q-J Col St Ry 1st 5s g 1932..JAJ Cross St 1st 5s g 1933. JAD Com'clal Cable—4s g 2397.Q-J Commonwealth-Edison Co— 1st g 3s June 1 1943 MAS Com'wealth El 5s J'ne '43.MAS Commonwealth Light A Power 1st 6s 1947MAN Commonwealth Power (Mich)— 1st g 5s Dec 1 1924 Commonwealth Power Cons ( 66^ 78 1st gen con 6a 1927 opt.. A AO ClevASW 1st 5s '23op'13.FAA CI BerElyAOberSs g '19. MAS Clev Ely A W 5s 1920...FAA 1st gold 5s 1921 MAN Zanesvllle Ry, Lt A Power 5s 1912 ext to Mar'24_AAO Colum A 9th Ay RR—See N Y ( 50 55 5s 1952 85 Columbia (8 C) Ry Gas A El Co 1 1st M s f g 5s 1938 60 70 JAJ 85 Col Buckeye L A New—See Col Newark AZanef 85 Columbus Dela A Marlon Elec Co 1st A ref 5s, June 1937 65 72 Columbus (Ga) EI Co 5s '33AAO 70 75 8334 Columbus(0)Gas 1st 5s g'32JA J 85 70 Columbus (O)Interurban Ter Co. 75 1st & ref g 80 Lt A Trac 49 L Y Rys Telephone— ~90M 80 Clev Pains A East Con 5s'18Ext at 7% to 1923—_AAO 52 80 apltal Trac (Wash, D C)— 1st g 3s June 1 1947 JAD 85 92M 72 „ CoastCos LAP 1st '27op'12FAA 90M ( 90 91 Elec Ban Fran 5s 1937.JAJ 74M A Sub Rv—See Port (Ore) Ry A Sub—See Un Ry A El (B alt) A Sub Ry—See Wash Ry A El Clev El 111 1st 5s '39 op'24_AAO 80 82"" 1st 1 s f 5s 1928 M&S entral California Traction— 1st 8 f g 5s, 1936, opt...A&O 91 Ter 90% 83M 80 F&A ne 80 Can-N Phlla g 5a '23 opt. FAA (O) El 8s'37 op G2MAN BInghamt Ry 3s '31 op '11 M&N Birm Knox A A1—See Phlla Co BIrm Ry, Light & Power— 85 70 r ^ 98 98 M 90 JAJ ColoradoPower-lst 5s 1933M AN Columbia G A E 1st 5s '27. JAJ ...... 97M 89 1st I f g 5s '48 opt aft'12MAS California Gas A Elec Corp— Sink fund g 5s 1933 opt.MAS UnlfAref g 5s '37 op s f.MAN 65 Bangor (Me) Po 4-4^-5s'31M&S Bangor Ry A Electric— 81H 99 Clev Rv 1st 5s 1931 opt...MAS Cleve Southwest A Colura Ry 1st M g 5s 1938 70 75 FAA ( ass Ay A F'r Gr'ds Ry—See nlted R jr (St L) ( entral Ark Ry & Lt Corp 80 — 93 93 70 ( 5s '47 gu JAD ialtSpPAChes—See Un Ry& El — 94 93 Conv g deb 7s 1966 Ser C. J A J CitlzensrGas (Indianapolis)— 10 anton 10 —— '13—JAJ 65 Service 40 — Double guarantee Cln New A Coy Ry 5s 1922.JAJ Citizens St Ry—See Ind Tr A 9634 Citizens' Tract—See Phlla Co. 5 33 *33" Apr 11918JAJ 1st a f gold 5s 1932 opt —MAS Butte E1AP lstsf 5s'21-'51 JAD klifornla Electric Generating— fc Bait Elec 1st g 91 43 f~~88M 96M Clev Painesv A Ashtab Elec— 1st gold 5s July 1 1922—_JAJ / 55 Austin (Tex) Gas Lt 6s '31_Q&J Bait A Ann 8 L—8ee Md El Ry F&A F&S M&S 65 "80" 84 57M 20 2d g 5s July 1922 JAJ 80 Coy A Cln 6s g 1932..JAJ Cities Service Co— 23 90 57 40 "30" 93M 1st M rehab g 8s Aurora Elgin A Chicago BR— 1st A ref g 5s 1946 opt J&J / A E A C Rv 1st g 5s '41 AA015 4^8 Jan 1 1923 7s Aug 1920 60 Cal Cent Gas A El 5s'31.FAA Auburn A Syracuse Elec RR 1st A ref g 5s '42 opt '12. A&O Aagusta-Alken Ry A El Corp— Dink fd g 5a Dec 1 '35 opt .J&D 7s Aug 1924..x 7s Sept 1947 60 50 75 South Ohio Trac 5s '20-MAN Cln A H 6s g lit 5s 1933 guar op 54 46 Atlan Coast El 1st 5s '45..M&N M&S 50% 70 Cincinnati Gas Transportation- Burlington (la) Ry A Light— St RR-See Ga R y A E" Atlanta Gas Lt 5s g 1947..J&D Atlanta Nor Ry—See Ga Ry & El Atlantic Aye RR—See Bklyn R ap Tr Atlantic City (N J) Gas- ..M&S 61 Hamburg Ry 4s 1926..MAN Nlag Falls El L A Pow Atlanta Cons 5s March 1922 61 58 52 95 65 (Ga) Ry & Electric— 1st A ref s f g 5s '80 op'15 J&J ** VN»* Cincinnati Gas A Electric— 30 F&A Atchison Ry, Light & Power— lit 8s Noy 1933 M&N May 1936 58 Buff & Lack Tr 1st 3s'28op J&D / Buffalo A Lake Erie Traction— 1st A ref g 58 '36 op 8 f-.M&N / Athens 5s I April 1 1939...JAJ 1st g 58 1942. FAA Burl'ton (Vt) G L 5s 1955—J&J 5s March 1944 41 35 82 5s 40% 35% 15 78 St 30 7% gold notes 1922 JAD 6% notes Mar 15 1922.M&S15 Deb »v Chicago Telep 5s '23 op '13.JAD 89M Chris A 10th Sts RR—See N Y Rys Cicero Gas—See Northwest Gas Light A Coke Cln DAT Trac gold 5s '22.JAJ 24 21* JAJ 50 Buff A End 1st g 5s Jan 1 1937 30 85 Boston Elev Ry 4s 1935..M&N Deb g 4Ma Oct 1 1937..A&0 72 1st A ref 3s 1956 Ser A..AAO 80 Gen ref g 4 Ma '54 op '09_ A&O Ref A ext g 6s 1957 M&N Birm Ry A El 1st g 5s '24.J&J RR 35 Brownsyllle Aye—See Pbila Co Buffalo City Gas g 5s 1947. A AO / Buff Gen Elec 1st 5s 1939.FAA Ry Lt A Pow 1946 85 25 1st ref 5a . Ask, 30 Series C Feb 1927 FAA Pur mon 4-5s Feb '27 op.JAJ Adj Inc 4s Feb 1927 op..May Chic Sou Bend A Nor Ind RR— 65 notes 1920 J&D Askevllle (N C) Pow & Lightlit s f gfls 1942 opt A&O Ashland (Wls)JL Pow A 8t Ry— 1st M gold 5i 1939 J&J 5s 70 40% 35M Nassau Elec—1st 5s '44.A&0 Ardmore St Ry—Bee Phlla Co Arizona Pow 6s '33 op '13.M&N ref Con M 5s Ser A Feb '27.AAO Series B Feb 1927 JAD 60 80% 65 Chicago A Oak Park Elec Ry— Lake St El 1st 5s 1928 gu.JAJ Chicago Railways Co— 1st m g 5s 1927 opt—...FAA Bklyn City—1st 5a 1941.J&J Bklyn Hgts 1st 5s 1941. A&O / Brooklyn Queens Co & Sub— 1st M g 5s 1941 opt '16.J&J / 1st con gu 3s July '41.M&N / Bklyn Un Eley 5s 1950.. F&A 76 62 1st 75 32 Stamped guaranteed A El y Bid. / Temp ctfs dep stpd Kings Co El 1st 4s 1949.FAA Stamped guaranteed Appalachian Pow 8s 1941.J&D Blnghamton Gas 5s 1938..A&O Bingham ton (NY) L, H & P— 92 1st g 4s Jan 1 1931 93j^ JAJ J 93 M Atlantic Ay con 5s g '31.A&O f ~60" 94 H Bkln Bath&WE 5s'33.AAO f 40 48% BklynUnGaslst con5s g'43MAN 71M Amer W W & El 3s 1934J.A&0 Anacos & Pot Rlyer RR—See W ash Ry 4s 2002 J&J Cent Un Tr temp ctfs dep. / 67 Conv4^s'33op aft 1923.M&S 87 67 Kings Co Elec L & P—See un der K 21 Brooklyn Rap Tran—8s'45 A&O 90 81 v 5% notes 1916 ext 1919.JAJ Chic June RR 4s 1945 MAS Chic North Shore'A Milw RR 1st M g 5s 1936 JAJ 68 J&J 1949 94 60 7% A 1st ref gold 75 8% notes Feb 1 1924...F&A 6% notes Oct 1 1922—A&O sr 65 50 Arkansas Valley Gen M 5s 62 74% J&D F&A 4s 1932 .J&J 60 American Teleph & Teleg Co— Coll tr g 4s 1929 J&J Cony 6s Aug 1923 6% gold notesNoyl'22_M&N 58 Cony g 4s '36 cony af'09.M&8 75 60 38 **• Bonds. 65 Bway Surface RR—See N Y Rys Bronx G&E 3s '60 op aft'20_J&J 60 75 Bklyn Boro Gas 5s 1945 op J&D Bklyn City & New RR—See CI A Bk Brooklyn Edison Co— American Railways— Coll trust cony g 8s 1931.F&A Coll tr 88 1946 A* *. » Brldgeton & MlllyTr 5s '30. J&J Bristol G & E 5s 1939 J&J Bway&7th Aye RR—See NY Rys 39 - Chicago Elevated Rya— 80 0 Alton Qran & 8t Tr—See East 8t L A Su b Aitoona & Logan Val Elec Ry Am Gas 4^3 July 1 1930 J&J 4s Aug 1 1932 F&A Bost&Worc St Ry 4>*s '23 F&A Brazilian Tr Lt & Power— Bridgeport Gas Lt Con g 4Mb 1933 gu..FAA 13 isaerlcan Cities Co— Bid. Bost Eley—West End St. (Cone 0 73 w*— w f except where marked "t" and Income and defaulted bond*. Ail. Alabama Power— — JAD Rys 75 81 57 65 50 60 61 63 58 65 64M 78 78M 75M 78 75 85 80 89 (Neb)— gold 6s 1944 MAS 4— Compt Hts A Mer Ter—See Un ited Ry Conestoga Trac 1st 4s '50—JAJ 30 Coney Isl A Bklyn RR 4s '48JAJ Consol gold 4s 1955...JAJ 15 1st B C A N 1st cons 5s 1939.JAJ 30 Conn L A Pow 1st 5s. 1939. JAJ Connecticut Power 5s '63.AAO 87 1st A coll tr 82 JAJ 83 8% notes Dec 1921 Cum Ry & Lt 4^s 1951...JAJ Stamped guaranteed opt'l 96 Sale price. 5s 1956 50 "88*" *98"" 70 61" 66 M - ENERAL Bid. Bonds. Ait. 92 Sliz Plalnf A Cent J\See 55 Slmira 411z A Trenton RR/Serv 48 83 76 74*$ "96"" 93 80 75 99 H HAP. / 90 43 48 53 "43"" Utah L A Ry 90 96 85 90 73 63 Interborough-Motropol Co— Coll trust g 4 Ha 1933..AAO Guar Tr ctf dep.—, ... Interborough Rapid Transit— 91 1st A ref g 5a '60 op taz-exJAJ 84 X Intermountain Ry Lt A Pow— 1st g 6s 1942 FAA 101" Mo-Tex 6s Jan 1937 JAJ 90 83 "99"" lat g Gaa A E! JAD Fairmont A Clarksburg Tract'n 1st g 5a 1938 op 1913 AAO Federal Light A Traction— lat a f g 3a 1942 opt ....MAS Excelsior Springs Wat, lat M 6a 1932 op "77" 92 94 Buff Ry lat con M 3ag'31.FAN Croaa St Ry lat 5a g '32.MAN Buff Bel! A Lan 5a 1927.JAD 92 95 Buff A Lock 1st g 3s 91 Buff A Ntag Falla lat M 5s g 1935 85 75 Lt Ft 85 la; M g 09 Mar 1 '36 opt MAS Ft W Van Wort A Lima Tr*o— Smith 78 88 65 67 Traction A Light nv* 95 100 85 25 — 1930 guar J A J Ft Wayae A Wabash Val Trao ,. 35 32 1st ootia g 5a 1934 ...... M AS 77 ;l' 83 85 Ft Worth Pow A L 5 a '31. FA A Ave Ry 42d Si M A St N Av—See Third 81J* Frank! Taoony A Holmeab Ry— 60 50 let g oa July 1940. J A J 70 •/'• 76 100 Qalv Eiec Co lst3a'40 op MAN Galveston-Houston Eiec Ry— 70 65 "92"" 1st M a f g 58 1934 opt.. A AO 75 GaaAEl of Bergen Co Sa'49 JAD '70 92 Gen 53 Nor 1 1934 MAN 05 60 General G A Ei 1st 3a '32 J&J St iiy Geor Row A Ipa—-See BoaANor 88 Georgia Light, Power A Ryu — 75 65 lat lien a f g 3s 1941 opt MAS 85 72J4 85 CeutGaPowSa '38 op 13MAN 83 Georgia Ry A Eiec 3s 1932. JAJ Refg A lmpt g 5a '49 a f. JAJ 90 ««• 88 — 84 Tr ia R 80 78 82 . 70 82 "78" Atlauta Cons St 3s 1939 .JAJ 85 Georgia Eiec Lt 33 1930.JAJ Atlanta Northern Ry Co— A Trau 1st guar 50 45 "80"" "85" ref a 80 83 88 72 77 6a 1921 1st g lat M g 3a 1933 op..-.-.FAA Great West Pow 3a 1948 op.JAJ 90 90 78 Hamburg Ry—See Buff A Lake Harrisburg (Pa) Light A Powerl8t A ref g 5a 1932 opt._FAA Hart Man A Rock 3s 1924.AAO 81*$ oiy Harwood El 3a '39 85 90 93 96 86 98 78 100 - 85 op'14..-JAJ' 1st A ref a f g 6a "95" "83"" '42 op.MA3 84 Havana Eiec Ry 5s 1952. FAA 70 Helena LARy tat 3a '23 op MAS Puiia R T Heat Man A Fair Paaa Ry—See Paiia R Home Telep A Teleg (Los An¬ „ 85 Hortonia Power 5a 82 l3t 3s 1933. JAJ 80 75 Houghton County Traction 86 K 100 By ft 1949 6S 73 Ceutral 90 40 96 44 80 36 85 87 98 94^ 90H 80 85 80 90 25 28 80 80 75 95 75 67' 87 Indianapolis A Southeast Trac lat M g 3s 1933.. JAJ Ind'p Shelbyy A Southeast 1st 1 f g 3a Jan 1 1932 JAJ price. 95 81; 85" 90 BO 75 87 88 90 A Eiec 65 75 50 60 Pi*. 5cl< 77 79 64 65 78 80 60 65 63 65 -.-JAJ 95 P 5a '43..AAO 75 85 1923. Ry—Seo United Rya 20 N Y R A Term (St Lo 1937 MAN 85 AAO AAO Trac (B 44 Louisville Gaa A Electric— 1st A ref 7s 1923 JAD 95 100 75 80 Ind 90 " alo R 60 "80~" i) Little Rock Gas A Fuel— Gas A El Corp— 72 1st A ref g 5a 1939 opt._MAS Loa Ang G A E 5s'34 JA J Los Aug Ltg 5a Aprll'24 AAO Loa Ang Fac Co—See Pac El Ry Ei Loa Angeles A Pasadena—See Pac Loa Angelea Ry Corp— 55 lat A T8f a f g 5a, 1940..JAD Loa Ang Ry 5a g 1938--AAO Loa Aug Trac 1st g 5a'38 JAD 72 0 f 60 57 90 Lockport A Olcott Ry—See Int Tr lOO 71 Lorain A Clev RR—See Lake Sh Eiec 88 on Sale tin Ry? co« g Eiec— 1933 op 1908 Ref A ext g 6s 1938 30 20 JAJ s 65 Little Rock Ry A 90 Nominal. AAO 29-FAA f g 5s 1946 op 1920. JAJ lat g 5a 3a July I *33 op '08.AAO Indiana Nor 1st g 3s *33.AAO Indianap Columbus A Sou Tr— 1st M g 5a Feb 1 1923...FAA n 1951 Ref 6a Nov 80 75 lat g k Last sale, 9 Lmdell A Coke 96 85 60 90 3s Lexington Ave A Pav Fer—See lea G L 97 18 20 ....FAA tr Lewistou Augusta A Waterv— 1st A ref g 5s, 1937 op..AAO 53 93 35 85 "60"" Litington (Ky) Ry—Seo JKy Tr ~50"~ JAJ 5a Jan 1 1929 89 82 Leh Val L A — Indiana Ltg 4s 1958 op FAA Indiana A Mich El 3s 1957. FAA 1st g 81 81 85 Coll tr 6a 100 98 98 JAJ Val R T— 1933 I Lehigh Power Securities Corp— 6% gold notes 1927 FAA Lehigh Valley Transit— 1st M g 5a Dec '35 opt ..MAS lat M g 4a Dec '35 opt M AS Cons g 4a 1935 JAD Ref A lmpt g 5a I960 JAD GO 50 Gen A ref g 5a '26 op '11.MAN / Col Lou A Sprlugf 5s '20.AAO Indiana Union Traction— 82 80 75 1937 opt.. AAO Cllinoia Valley Ry— 1st a f g guar 3a 1935...MAS Indiana Rvs A Light— 1st A ref 5s 1943 75 92 ."77" 1st A ref g 5s 35 88 j 70 Ext at Q'4% to 1925...JAJ Laka St Eler RR—See Cole & O ak Utilities Co— 50 84 Laurentide Power, Ltd— 85 JAD Indiana Nat Gas A O—See I 70 . 83 90 AAO Indiana Columbus A E Trac 33 98 92 5a '23JAJ Gen g 3s Feb 1 1933 FA A Lor A Clev g 5s '27 op '17.JAJ Sand Frem A 80 5s 1936.JAJ To! FremANor5s'2Con'05 Traction— Illinois Northern 89 80 1st JAJ lat M g 53 1933 op guar 70 60 Lacombe E! 1st M 5a '21 ..MAN 75 Idaho Power lat 5a 1947... JAJ Illinois 88 rp JAD Lake Roland Eler—See 90 75 Hydraulic Pow of Niag Falls— Ref A Irupt 5s 1951 n "83"" MAN lat A ref 5a 1950. B Laclede Gas— 70 JAJ Hou3 El 5a 1925 op 1910..FAA Houston L A Pow 3s 1931 AAO Hudson Co Qaa 5a 82 >- 91 70 op'13 AAO Railway A Light— Lake 3n Eiec lat 1945..FAA 3s 1937 82 65 AAO Ref A ext g 5a 1934-. 1st col A refg 7a Jan 99 g 85 30 . A ext 5a 1940 op Coil 75 81 con 80 „ „ lat refg 3s 19 43 tat 93" 1922opt*14__AAO lat g 3a July 73 75 83 JAJ Lackawanna A Wyo 85 70 78 82 Snoxvllle Trac 3a 1933...AAO Kokomo Marlon A W Trac— Ref 83 92 87 70 95 21 18 1938.JAJ 5s 1925 Knoxville JAJ HoughtonCo(Mlch) El Light— lat g 3a Jan 1 1927 opt...JAJ 97 75 Knoxv Gaa lat 3a'33 ..... Havana Eiec Ry, LA Pow— Geul M 5a 1954 ser A..MAS geles Cal) 83 93"" 53; 65 Kansas GAE 1st 3s '22 op.MAS 96 Hart A 3priugf Sa g 1921 JAJ / Hart St Ry —lat g 4s 1930.MAS 60 y% 53 ' MAN A ref 6s Mar 1949 lat 16 Kentucky Trac A Terminal— 70 Baaia 7% 1st A ref gu 3a '31 op '14. FA A Lexington Ry lat 5a '49. J AD 65 si m 76 Key. Tel lat g 5a'33 op'08.JAJ 78 72 Kinga Co E L A P lat 5a '37AAO '87' 83 85 Purch money 6a g 1997.AAO 80 90 81 Conv deb 0a 1923.. MA3 70 GO Edison E! 111 Bklyn 4a*39 JAJ 73 Kiugs Co Eier Ry—See Bklyn R ap Tr Trac Erie Kinga Co GaaAIii lat 3a '40A&O Kinloch Lg Dlat Tel 53 '29 JAJ Ktulocii Telephone 6a 1923. FA A 1944... MAN Cony deb 6a 1923 16; 15 Kansas Etectric Utilities— Uackenaack Wat 4s'52op'12.FAJ 95 m ~ 87 Greenwich Tram lat 3s '31 .JAJ 96 - 63 65 f 5a 1934 op..AAO Hay A Musk Ry L 1920 JAJ Gt Fafla Pow lat 3s '40 op MAN Great Lakes Power, Ltd — M 16 opt. MAN Service Jer City Hob A Pat—See Public Johnstown (Pa) Pass Ry— 65 Rfg g 4s 1931 ......JAD JopltnAPittsRy lat3s'30 opMAS "90" Kankakee(Ill)GAE 5s'30_MAS 81 Kana City(Mo)Gas 5e *22. AAO S7K Kan C Home Telep 5a 1923 JAJ Kan City KawVal A West Ry— 1st M 6a Aug 1924 FAA Kansas City Light A Power— 77 lat M 5a July 7 1944 JAJ 77 2d M 0a July 7 1944 JAJ 84 K C Long DIa Tel 5s 1923..JAJ Kansas City Railways— 30 1st M 3a July 7 1944—..JAJ 12 2d M 6a July 7 1944 JAJ 10 2d M 5a July 7 1944 JAJ Grand Rap G L 3a 1939...FAA lat 96 90 75 Eiec Ry— Jacksonv El 5s '27 3a '34 op '09 ..JAJ Great Northern Power— 93 lstaf g 5s 83 76 Grand Rap Gr lat g 5a July 75 80 70 Jack3onv(FIa)Ga3 a f 3s '42 JAD Jacksonville Traction— 1st con 3a Mch '31 opt__MAS 80 Georgia Ry A Power— lat A "e5 74 87 3s'62op MAN Lockp A Oic 1st g 5s '20.. J A t 75 Interstate Eiec Corp 6a 1933 MAS Interstate Rys—Col tr g 4k 1943 op 1913 ... .FAA (o wa Ry A Lt (Cedar Rapids),— 80 1st A ref g 3s 1932 op '15 MAS Ironwood A Bessemer Ry A Lt 78 1st s fg5a '36 op aft '15-FAA Jackson A Battle Creek Trac\ SeeMiC Unite u Jackaon Consolidated Traction/ Jacksoc(Micb)Gas 53 g '37 AAO Jackaon (Miaa) Light A Tr— 53 1st M g 5s 75 56 Internal Ry ref Ft Pitt Trac—See Phila Co 83 (Buffalo)— ..JAA / Coll tr 4a 1949 ctfs dep Fed St A Pleas Val -See PhiiCo 80 80 Traction Internat'l 75 72 4a '21 .MAN Erausr A Prlnc 1st 5a '23AAO El 64 Indianap Wat—3a '26op'll.JAJ 1st A ref g 4>$s 1940 op..JAJ 80 75 Evanav A Sou Ind Traction— 48 55 Water Light A Evanav lit Bonds. Ait. Indianapolis Trac A Term Co— 1st a f g 38 Jan 1 1933 AAO Indianap St gen 4a 1933.. JAJ Citizens St con. 3s g '33-MAN Public Corp. RR — 88 1st A con g 5s 19,56 MAS El Paso El Co coll tr g 5a'32JAJ 78 Empire Dlat Eiec Co— 75 1st 6a 1949 MAN 95 Empire Gaa A Eiec and Empire 97 (Joke Jt latAref 5a'41 op iVlA3 95 Empire Gaa A Fuel— 1st M a f 63 1926 MAN 6% notes June 15 1924-—JAJ Eqult G A E Utlca 5a 1942 AAO 9d7A Eqult IU Gas, Phlia, 3s g'28 JAJ Erie El Motor a f g 5a 1941 AAO Erie Ltg 1st M 3a 1967.... A&O 95 Evanav GAE L 3a'32op'12 J AD 85 0 and defaulted bon except where marked "f" and income Bid. IJ V QUOTATIONS-PUBLIC UTILITIES prices are "and interest" nd Los Angelea 7% gold notes 1920 MAS Louisv Home Telep 5s '22..JAJ Louisville Ltg 5a '53 unatpd AAO Hj 71 95 98 97 LOO 90 "72" JUNE, 1920 ] GENERAL QUOTATIONS—PUBLIC UTILITIES NOTICE.—All bond prices Bonds. "66 1930 Bonds. refAlinp • g 5s'48op'13 AAC 67 Coll tr 4-4 %-5 Mis 1940 Nebraska Power Co— 70 A/kens ValLAP 0s 1943.MAS Lynn A Boat ft It—See Eastei Mass S taacon 1st Ry 0 Railway A Light Co— 3s '33 opt '08—JA liadlson Co (Ills) Lt A Power1st g 39 1936 ___JA 92 Penn A Mah Val 5s *22. MAN 4s Jan 3 tamped tax-exempt "55"" 52 Jdg is 2013 JAI Manila Elec RR A Ltg Corp— 1st lien A col tr g 5s '53. MAS 53 ' 40 N J Pow A L 5s 1936 FAA New London GAE 3s '27..AAO 2d M 5s 1929 AAO Tran United RRs 80 85 25 35 83 85 Mercn Ht A Lt (Indianapolis)— Ref g 5s Oct 1 1922 optAAo autropoltt&n RR—See Wash Ry &£et St Ry—See N Y Rys SUehifau Light 1st 3s 1946.M&S Michigan Nor Pow 1st 5s'41JAJ Michigan RR— 1st 0s May 1924. MAN Mich State Telep—5s 1924.FAA Michigan United Rys— 59% 64 90 94 43 I 25 30 I 37 41 "85" "75"" 89 93 82 83 1st g 8s gu 1929 opt..MAN Milwaukee G L 1st 4s '27.MAN Minn Anoka A Cayuna R'ge RR lit 50 1935 ..MAN Minneapolis Gas Light— lit gen 3s Feb '30 op '14 MAS Minn Gen El 1st 5s '34 op__JAD Minneap St Rys—See TwlnCity Mississippi Rir Pow 5s '51. JAJ Mississippi Valley Gas A Elec— Coll tr 6s May 1922 opt.MAN Missouri Edison El 3s '27.FAA ^?,ELLt 00 May 1921..Q-M Mobile Elec fls '46 op '10.MAN 1st g 3s 92 53% 55 70 ~68 72 79 82 80 83 88 92 N Y 44^ 75 op'12 JAJ 85 90 85 90 70 73 78% Co 1 90 93 93 97 2d series 6a July 1937—JAJ 93 97 Basis 62 Pacific Coast Power— 89 1st M g 5s 1940 op 1915.MAS Pacific Elec Ry g 5s 1942.. JAJ Los Angeles' Pacific Co— 55 60 70 75 70 65 75 5% "85" 65 80 90 70 80 64 61 1st ref g 4s 1950 opt'13. JAJ L A-Pac RR con 5a'31 AAO 57 L A Pa RR Cal 3s '43.MAS "5s" 75 Los Ang A Pas 5s g 1928..JAJ Pacific Gas A El ref 5s '42. JAJ '73% Pacific Gas A Elec (Arizona)— 1st M 6s Jan 1931 ..JAJ 1st A ref s f g 5s 1951 74 95 85 71 Pacific Gas Imp 4s Sept '30 Q-M Pacific Light A Power Corp— 25 82 77 op.MAS 79 81 79% 85% Pac L A P Co 1st 5fl '42..JAJ 75 Guaranteed 77 Pacific Pow A L 1st 3s '30 .FA A 78% Pacific Teleph A Telegraph— 60 IstAcol tr s f g 5s'37 op'22.JAJ Paducah TAL col tr gSa'35 MAN , 25 24 Passaic Gas A Elec Consol g 5s 75 .MAS 1949 1932..MAN 70 75 5% Peekskill Lt A RR—5s '30.AAO 40 Penn Central Light A Power Co 95 99 6 20 73 Ry—See Pub Ser Corp Paterson A % 70 "68 1952..AAO Parr Shoals Pow 5s Paterson 40 44 35 50 Pawtucket Gas 1st A ref 5s 1st A cons 4s AAO 84 1963..... FAA 83 1950 6s Penn Public Serv 21 "30" 21 "40" 5s h 87 y 80%- 1962.FAA "86" Pennsylvania Ltg 5s 1940..JAJ Penn A Mah Vail—See Mah A Shen Pensacola El Co 1st 5s '31. FA A 1 R y 76 Penn Wat A Pow s f 3s '40. JAJ 1 90 A Lt 1 • 55 50 Consum Gas 1st g 5s'30 JAD Ind Nat GAO g 5s '3Ggu MAN 70 Ry. 5s 1962 JAJ 55" 87% 1st Feb 6s 1949 FAA Sallsb A Spencer 3s '45..MAN North Cal Pow 5s 1932 JAD ijNor 86 „ earn 87% R Rs— 90 "75" 76 cons s f 3s '48 op '15 JAD Illinois Lt A Trac— jlNorthern 1st M gold 5s 1923 guar..JAJ Ohio Trac A 1st consol g 5s 1933 4s 1933 6s 1926 JAD JAJ con 3s 4s 1948 1948 MAN 75 MAN 45 Philadelphia Company— 1st coll trust g 5s 1949.-MAS 77% 86 opt.MAN Alleg Belle A Per 5s '35 AAO 1958 AAO Central Trac 1st 5s 1929.JAJ 75 83% Citizens' Trac 1st 5s 1927AAO / Ardmore St 85 92 62 70 Pitts 70 Pitts A Blr Tr 5sg 1929.MAN / B K A a Trac 6s 1931.MAS / 70 82" 86 Alleg A M gen Pitts A Charlerol 3s '32. MAN 1920 AAO 7% notes 1923 FAA15 Northern Texas Electric Co— CoH tr 8 f g 3s 1940 opt..JAJ 89 92 Pitts 98 100 70 75 / This price Includes accrued Interest, k La>t sale, n Nominal. '89%. 5s'30AAO / 75 notes — — 70% 75 0% "ml /III- 88 Duquesno Light 6s 1949.JAJ Duquesue Trac 1st 5s '30.JAJ / Fed St A P V 5s May 1 '42JAJ / Ft Pitt Trac 1st 3s 1935.JAD / MHIv EtASh 3s'23 MAN / Monong 8t Ry 5s g 1928. JAD / WilkAEPit 1st gSs'29 MAS /--Morn'side ElStRy 5s '33.AAO / 62 Mount Washington St Ry— 1st A Coll tr gu 5s 1933.AAO / 62 74 1941 80' 55 — 85 Brownsv Ave 5s 1926.FAA / W I In Loudon, - 5s 65 5s - 62 86 AAO ref - 86 95 Consmtg colltrg 3s'51.MAN Conv deb g 3s 1922 North Ont LA P6s Apr '31. JAJ States Power Co— A • mmm-mwr 81 JAJ FAA 1st 82 Light— Ut consol g 1st 1 A ref 5s 1956 Prior lien Petersburg Gas 5s 1931—AAO 90 85 80 96 81 Peoria Water Works Co— 97 Canada Pow 6s 1928.-JAJ !lNorthern .. % Peoria Bloom A Champ f g 3s Oct '40 op '16 AAO 8 64 60 g4s'58op af'14guMAN 1North Carolina Pub Serv Co— 1st A ref 5s 1934 opt AAO 1st "70" 88 84 jlNorthern 90 60 Ottum Tr A L 1st 5s '21.AAO "55" 65 74 Corp Chic G L A C 1st 5s '37.-JAJ R A Tr "76" ! 98 55 Norfolk St 1st g 5s 1944—JAJ 92 83% . 40 North Carolina Elec Power— 80 "66"" 82 People's G L A Coke, Chicago— 1st con g 0s 1943 AAO Refunding gold 3s 1947.MAS 55 lft M g 4%b 1942 op '12. A AO 72% 62% 94 25 70 Municipal Gas A Elec, Roch— Municipal Service Co— flinhvllie Railway A Light— Cons g 5s 1953 opt 1908—JAJ Ref and ext gold 8s 1958.JAJ Nashville St Ry 5s 1925—JAJ McGavock A Mt Vernon— Summer 8t IstM 6s'20.JAJ Ontario Pow 5s '43 op to '13FAA Deb g 6s 1921 76 con St Niagara Falls Pow 5s 1932. JAJ Refg A gen 6a Jan 1932. AAO 1Niagara Lookport A Ont Pow 1st s f g 5s '54 tax-exernpMAN Norf A Atl Term—See VaRyAP Norf A Ports Tr—See Va Ry AP Norf Ry A Lt 1st 5s'49..MAN 85 75 Mutual Fuel Gas g 3s '47 MAN People's Trac—See Phlla R T Trac— 1st con g 4%a '62 op '13MAN 50% 1st g guar 3s 1936 51% MAN N Y A Suburban Gas—See West Chester Light'g Peoria G A E 3s '23 op '08. JAJ N if Tel 1st 43^s'39 taxex.MAN 75 73% Peoria Ry 5s '21 to '26 gu.FAA ' MAN 75 68 60 72 g 5a Aug 1 1930 .FAA N Y Westch A Bos Ry—See 88 70 1928 75% New York State Rys— lit g 3b 1935 opt 1925...JAJ Muncle AUnCTr—See Ind Un Tr Aaskogee Electric Traction— lft s f gold 5s 1934 MAN Mttfkogee(OkJa) Gas A Elec— lft A ref 3s 1920 op '09..JAD Nashville Gas A Heating Co— JAJ Omaba A Coun Bluffs Ry A Br 1st cons g 5s Jan 1 1928.. JAJ 15 Deb 72 85 80 N Y A Rich Gas 6s 1921 ..MAN NYAStamf—1st g 5a '31..AAO rJfc 93 trjr 5sMar'42op'15M AS Msfkegon Tr.A Lg. 1st 1931MAS SO aft '14. AAO Ferry 1st 3s 1919. AAO IstAref Sf col 100 Third Ave—See under "T." 34th St Crosst 1st 5s '96.AAO 8outh Tramways— Phila" 75 97 Cons A 70 5a g'48 gu.FAA Trust Co ctfs of deposit... 23d St. i»t A ref g 3s 1941 op*...JAJ Montreal St Ry 4Hs'22.FAA 70 Conv 7s Dec 10 1922...JAD Ltd— 65 1st gu g 5s '43 op bef'16_MAN Orange A Passaic Val Ry—SeaP ab Serv Oregon Electric Ry— 40 1st g 3s 1933 opt ...MAN Ottawa Elec 1st g 5s 1933—JAD Ottumwa (Iowa) Ry A Light— 80 1st A ref g 3s 1924. JAJ 75 BwayA7th At Cons58'43JAD Bway Surf RR 1st 5s '24.JAJ CenCrosstown 1st 0s'22.MAN Col A 9th Av 1st 3s '93..MAS / Eighth Av cert Ind 6s'19.FAA LexAvAP Fy 1st 5sg'93.MAS 80 67 Telephone— ref s f 4s-5s *44— JAJ 80 50 Bleeck St A FF 1st 4s '50. JAJ "96% 5s '31. JAJ 70 50 NYAQueensGas 1st 58 '34 FAA NY A Queens CoRy 4s'46..AAO "9l"" 88" " "45" Stelnway Ry—1st g 6s'22.JAJ Rapid Transit New York Railways— 71 21 71% 1st R E A ref 4s '42 op'16_ JAJ Gua. Tr. ctf dep 21 90 85 AdJ fnc g 5s Jan 1942...AAC / 5% 86 83% Bankers Tr ctf dep.. *% "94" con g 70 85 Second A v 85 60 N Y A Pa Telep A Teleg Co 1st gold 3s Feb 1 1926... FAA Gen S Fd g 4s Nov '29..MAN "52" mmmmmT 90 g opt 1910...JAJ N Y A Queens Elec Lt A Pow ~50~" 46 - Ontario Transmission Co, 15 cons 61 41 Oklahoma Ry— 1st A ref g 3s '41 opt '21. ..JAJ Omaha A Council Bluffs StRy— 83 JAJ 1st 95 59 5s'27 JAJ 1st consol g 5s 3s'95JAJ I960... 90 Norwich St Ry 1st g 5s '23 AAO Oak Tran 1st Municipal Ry Corp— 1st M 3s AAQ Ogden Gas 5s 1943. MAN Ohio Service 1st 6s 1937..MAN "85 North Un Gas 5s 1927.MAN Standard G L 58 1930..MAN 90 Gold 5a 1933 op 1913... A AO 87 87 65 "5o"" 1921-1932 1st M g 3s '29 op JAD con g 6s Northwestern Elevated (Chic)— 1st M 5s 1941 opt MAS Union El (Loop) 5s g'45_AAO Northwestern Pennsylvania Ry 1st g 5s 1941 ..MAS, Northwest Gas nACoke (Chic); Traction Co— Gen con 5s Jan 18 '35..JAJ18 Oakl Trac cons 5s 1933.. JAJ Oak Tran 1st con s f 5s'32 JAJ 83 col tr 4s 1949..FAA 111, N Y, 85 FAA. Norwich(Ct)GasAE 87 Con 5a 1943 ..JAJ NYA Westch Ltg is 2004 JAJ Deb g 5a 1954 op guar.JA J Montana Power— 1ft A ref s f 3s 1943 op'18. JAJ Montreal Lt, Ht A Power Co— lftAcol tr g i%a'32 b Basis. Dec 1 1948 mon 95' 80 Oklahoma Gas A Electric JAJ — 90 Oakland 80 97 Nassau A 8uff Ltg 5s '45..FAA Nat. Light, Heat A Power Coll trust 3s 1920 Ser C_.JAD Cent Ind Ltg 5s 1927...MAN CityGAE (Paris, Ill)5s'35 AAO Jerseyvllle 111 5s, 1935..FAA 60 70 95 Ry 1st 6s '23. MAN Monongahela St Ry—See Phila Co Mcnongahela Valley Traction— ffftfhville Water 4a 1928... JAJ Naasau El RR—See Bklyn Rap Nassau Lt A Pow 1st 5s '27 AAO 55 90 80 Mobile St 1937. 1944 80 Corp Cons g 3s Dec 1 1928—_Q-M Cicero Gas genAref 5s '32 JAJ 75~ 82 5s 88 m. Ed El 80 g mm Central Un Gas 9s g 1927JAJ Equitable Gas 5a 1932.. MAS Ngw Amster Gas 5s 1948. JAJ NYAER Gas 1st g 58 '44. JAJ 86 M "79" 87 80 1st I 45 75 Morningside Elec St Ry—See Ml Wash St Ry—See Phlla Co Msmcle El L 1st 5s'32 op '12JAJ Mencle Hart A Ft Wayne Tr— 1 40 83 Montreal I 1st 89% 80 "85~~ Mobile Gas 1st 5s 1924... JAJ Mob Lt A RR—1st g5s'37. JAD Cons g 3s 1941 MAS 1ft M g 5s 1942 opt '22.. JAD Gen mtge 7s 1923 JAJ 84 35% 1st g 5s Not 1 1938—MAN Gen g 5b Mar I 1941..MAS N Y Gas Elec L H A P Co— Pur Militate Etna A Sharp®—See P hila Co Mil E! Ry A Lt—fig 1926..FAA 87 Ref A ext i%9g '31 opt.. JAJ Gen A ref g 5s 1951 opt—JAD MUw Light, Heat A Trac— ref 5s 1st g 5s 1922 op 1912...AAO, 1st A ref g 58 '40 op '20.AAO North Shore Gas Co of Illinois— 87 Corp" North Texas Gas Co— 70 Newp'tNewsAOld Pt Ry A El 85 Mich Traction 1st 3s '21. JAJ Mich Trac Ext 1st 5s '23. JAJ Middlesex A Boston St Ry— let A ret g i%a 1932 opt. JAJ middle West U 6s Jan 1 '25AAO A lft g 3s 1933 opt 1913—JAJ 80 Nor Westch Ltg 3s 1955 JAD, North Hud Co Ry—See Public Service North Hudson Lt, H A P Co. 1st g 5s 1937 opt Newp News A Harap Ry, G A E 1st Ask. Ohio State Edison El 1st 5s 1929.. JAJ Certificates of deposit.__ NO Pow-House Co 5s '41 JAJ 8t Charles 8t 1st g 4s'32__ JAJ 47 ~i5~" 75 65 Certificates of deposit N O Cy A Lake 3s 1943. JAJ Certificates of deposit NOACarroll con5sFeb'33.JAJ Certificates of deposit. A Elec 1st A ref gold 5s 1930...MAN Jack A Bat Crk 1st 5s '23. JAJ Jack Cons Tr 5s 1934..MAN 87% Deb g gu 6a 1918 opt___JAD Canal A Claib 1st 6s '46.MAN Certifates of deposit N O Cy RR—Gen g 5s '43JAJ Metropolitan Wast Side "L" lit gold 4s 1938 —FAA Erten gold 4s 1938 JAJ Mexican El L 1st M g fls '33 JAJ If ex Lt A Pow 1st 5s'33 of PA A ktlch City GAE 5s '37 op'lOJAJ Corp rv RefAgen5s'49op'19serA MAN Certificates of deposit Deb a: i%a Dec 1931——JAJ 80 75 Mt Vernon—See Nash R y A Lt Bid. (Hoboken, N J) 5s 1938.AAO North Jer St Ry—See Pub Serv North Shore Electric Co— Certificates of deposit iicGavock A con g 5s '43. J A J 80 Consol A refg 5s 1933 JAJ N9w Miiford Pow 1st 5s '32 FA A New Orleans Ry A Light CoGen M 4^8 g 1935 JAJ Bait A Ann S L 5s 1946.FAA iUssacbusetts Electric Cos— Memphis St Ry 75 90 44 Phlla li Col tr 5% notes 1918--. A AO / Massachusetts Gas 4^s'29_JAJ 98 106 N H A Centrev 1st 5s g'33.MAS New Haven Wat 4Mb 1962.JAJ N J A Hud RIv Ry A Ferry— 1st gold 4s 1950 opt MAS 96 95 11> 100 45 70 Market St Elev Pass RyBEirket St Ry (San Fran)—See Maryland Electric Rys— 1st efg guar 3s 1931 red.AAO 95 JAJ gold Oct 1 1932 77 100 AAO 5s 8% 51% 1930 10% 8 73 1st coll tr 5s Jan 3 1932.. JAJ3 New England Power— 1st m s f 5s 1951 JAJ New Eng Tel A Tel— Yotmgst Shar RyAL5s'31 JA tfanchester(NH) Tr L A Powb JAJ New Brunswick (Can) Pow Co— 1st M 5s 1937. MAS New England Elec Securities— 86 80 , - Newark Gas 6s Apr 1 1944.Q-J Newark Cons Gas con 5s '48JAD Newark Pass Ry—See Public 8e New Bedf A Onset 1st 5s'22.JAJ cons g Bonds. Northern Texas Traction Co— gold 5s 1949 JAD Nevada-Calif Elec 6s 1940. JAJ Nevada-Cal Pow 6a 1927. AAO 80 Ask. Properties Co— 1st M 78 75 Bid. N atlonal 61 FA.A 41 where marked "f" and Income and defaulted bonds. 81 Aoulsville Water—See under Lc ulsville p. 50 bow Law A Hav—See Eastern Mass S t Ry fcixerne Co (Pa) Gas A Elec— lit "and Interest" except Ask. Bid. . Gen M 3s are Liberty 1st g 5s '30.JAJ /--- Trac 1st 5s 1927..AAO SoTraclstAcoll tr g 5s'50AAO / The 2d Ave Tr 5s 1934—JAD / rCanadian price, s Sale price. 50 60 United Traction 5s 1997.J&J / West End Trac con 5s'38.J&J 1st cons guar — 5s 1966 M 4s 1966, 1st 95)4 69 65 St L Tran—See Un Rys 65 55 M&N 65 70 5734 58 85 90 SalmonRivPow gu 5s'52opF&A Salt Lake Term 6s 1935...J&D People's Traction Co— P P Ry tr ctfs 4s '43 F&A 63 68 W Phil Pass 2d 5s '26.M&N 85 90 Philadelphia Suburban Gas & El 1st M &ref g 5s'60op'15.F&A 65 70 San Diego Chester Tr— & West 1st 6s 1942 Pitts 80" J&J J&J Pine Bluff Co 5s 1942. Sand Frem & So 85 SanFran G & E 434s 94 90 Not Pitts & Charlerol—See Phila Co P McK&Con—See W Penn Rys Pitts Trac—See Phila Co— lst & ref g 82 77 5s '40 opt '20. J&J 5s 1945..M&N 72 Portland Ry Lt & Power— 1st & ref s f 5s 1942 op_.F&A 52 con m Portl'd Ry ref 5s '30 op_M&N City & Sub con 4s 60" '30. J&D Series C_ 80 90" r 95 Scranton Elec 5s '37 opt 91 94 83 % 85 93"" 9534 87 95 70 80 op'21.A&0 6% notes 1922 ..M&S Public Service Corp of N JTrust certs 6% perpet._M&N 7% gold notes 1922 M&S Gen g 5s Oct 1 1959 op__A&0 65 70 95 98 65 70 Camden Sub 1st 5s 1946.J&J 1st & ref g 5s 1956 83 85 61 62 70 80 Cons Trac 1st 5s 1933L.J&D 65 70 Eliz Plainf & Cent Jer Ry— 1st g 5s Dec 1 1950...J&D 65 70 Elizabeth & Trent 5s'62 A&O 55 70 J C Hob & Pat 4s 1949.M&N 45 50 Newark Pass 70 76 5s '30..J&J 70 M&N 70 Ry 4s 1948. M&N 45 Or & Pass Val 1st 5s '38.J&D 70 Paterson Ry—Con6sg'31J&D 2d 6s '14 ext 5% to '44A&0 80 R Tr St Ry 1st M 5s g'21A&0 Riverside Trac 5s I960.J&D 95 '-mm 99 1933 opt J&D Puget Sound Power & Light— 7% s f g notes 1921 J&D Puget Sound Electric Ry— 1st consol g 58 '32 op. F&A Tacoma Ry&P 5s '29 A&O Quebec Ry «L H & Pow— Cons g 5s 1939 opt_____J&D Qulncy (111) Gas Elec & Heat— 1st cons g 5s 1935 op '10.M&S Qulncy G & E 5s 1929._M&S Racine (Wis) Water 5s '31.M&N Rap Tr St Ry—See Pub Ser Cor Reading Trac 6s 1933 J&J 78 83 96 98 75 M&N 95 Co— f 5s '39 op '14 M&S Inter-Urban Ry— 1st g 5s 1922 op 1907 A&O Rockford & Freeport 1st g gy l 1 11 t1 1Oi1l 1 53 1920-1935 "55" \ Conv s f g 6s 1926 opt 7% gold notes 1921 J& M& k Last sale. I In London, 80 60 80 91 70 75 100 101 95 101 80 90 80 90 82 "70" '95"" 90 70 76 60 70 50 96)* b 55 / Depot—See United Rys Co of St L— M&S g 5s Sept 1 1932 1st St Lou is 86 89J£ Elev 65 37 41 82 1 63 80 75 85 H ~ "95" 90 90 87 84 80 eoria— 62 83 99 "96" > 8134 88 » 97 99 Nominal, 86 — 65 1 75 70 75 94 97 J&J » 34 40 United Rys tr ctfs 4s '49.J&J United Public Utilities (Del) » 38 40 85 90 24 33?$ 22% 25% 6234 United Powr.r & Tran— Del Co & Phi tr ctfs 4s'49 1st 6s 1943 . — .J&J United RRs of San Fran— S f g 4s April 1 1927 A&O Un Tr Co N Y ctfs dep.— InterchctfsUnTr SF&EqTr Market St con g 5s 1924. M&S rCanadian price. ' 2234 "6034 (Baltimore)— 4s 1949 M&S Incomes g 4s 1949 op '29 J&D Inc funding g 5s 1936.-J&D 1st consol g ~8834 89)4 Haven— F&A United Light & Rys— 1st & ref g 5s 1932 op._J&D Conv deb 6s 1926— M&N 7% notes Apr 1 1923—... United Ilium Co New 1st 4s Feb 1 1940 67 J&J United G & F 6s 1923 68 63 n 70 55 78 United G&EofNJlst5s'22_J&J United Gas & El(SF)5s'32.J&J 1 i 60 United Fuel Gas 6s 1936..J&J 8134 United Gas & Elec Corp— 75 Coll tr s f g 6s 1945-—A&O ----- /This price includes accrued interest 77 Twin States Gas & Elec— 1st & ref 5s Oct 1953—A&O Underground Elec Ry of London 4)4s Jan 1 1933 J&J Saginaw-Bay City Ry— b Basis. 63 20 '24M&S 1928—A&O 1926—.J&J 8934 —... Ry Paul City- Cons guar g 5s Twin City Telep 5s Sacramento Gas 6s '20-40.A&0 1st & ref g 5a 1935 M&S St Charles St RR—See N Or Ry 100 93M J&J Union Standard Gas & Elec of Delaw- 1 75 "90" 8634 Union Ry—See Third Ave Ry 102 100 Union Ry Gas & Elec Co (111)— 96 94 Col tr g 5s 1939 conv op.J&J Union Trac Co of Indiana— 1st g 5s July 1919 J&J Indianap North'n 5s 1932 J&J 98 8734 Union Utilities 5s 1944 op.J&J 100 United Elec Lt & Power, Bait— TolTra ct 1st cons g 4)4s 1929—M&N 86 82 Unit Elec Co of N J 4s '49. J&D United Electric Securities Co— 98 95 Coll tr g 5s 1933 to 1943.F&A A&C M& 60 Rys. 85 J&E -pring Val Wat ref g 4s '23. J& » 1 1 M 70 60 1937—J&J15 5s Unit Rys & Elec 1st 60 Sh El e Ref&ext 5s'33 op aft'18. M&N Union Elev RR—See Northwest .pringf & N E Tr—See St L Spr ngf & P Springfield (111) Ry & Lt CoColl tr g 5s 1933 opt J&I Springfield (Mo) Ry & Lt Co— 78 1st s f g 5s 1926 opt M&b 97 7% notes 1921 50 60 - 97)4 Income 6s Jan 1 1948 82 81 Spring Br'kWater—5s g'26. A&C Springfield (O) Lt, Ht & Powlst s f g 5s 1929 opt 1914. F&/ Gen & ref 5s 1933 24 Union El Lt & Pow - & Rumford Falls Pow 4s Octl 1945 Rutland RyL&P lst5s'46 M&S Sacramento Elec Gas & Ry— Cons 5s Nov 1 1927 M&N 65 100 Southwest Missouri RR— 60 55 A&O 5s 1923 op aft Feb '10 M&N Rock B & J 1st g 5s '30guA&0 85 Cov Ry Corp 6334 i 1933 80 "80" Rochester Telep— con Guar g 5s 1937.. Minn & St P Sub 5s opt—F&£ Southwestern Power & Light— 80 43 23)4 Ry—See N Y Rys. Minn St & St 68 70 42H M&N Ave Ry 23d St Southern Wise Pow 5s '38.A&C 85 100 Ry—con g 5s '38._J&J 6s Sept30'31 A&O Twin City Rapid Transit Co— St Paul Cy— 1st g 6s '32. A&O 1st cons 6s g 1934....A&O Southern Utilities 6s 1933. A&C 80 / 1st g5s'3o A&O 75 95 75 con 70 90 75 79 97 ...F&A 1920 85 72 r 6s 28th & 29th Sts—See 3d Ltg- 6sSep'36op '18J&J 1943 75 Pass Cable 534s May 1936—M&N 1st lien 5s 82 "95" 1st 6s '10 95 75 50 75 "88" 1940._M&S to 95 97 35 Ser C income. 85 70 lstsf ggu 80 Tri-City Ry & LightColl tr s f g 5s 1923 A&O 1st & ref g 5s 1930 opt. .J&J Troy City Ry—See Un Tr (Alb) Troy Gas 2d 6s 1923 F&A 1st & ref s f 5s 1932 Tax exempt Roch Ry cons 5s g 1930. A&O 2d 5s g 1933 J&D Rochester & Syracuse RR— Electric 75 70 95 Riverside Trac—See Pub Serv C orp P Roanoke W W 6s 1936 J&J Roch Ry & Lt 5s '54 opt.-J&J "75" s 72 65 "87" 70 81 5s May 1 1921 Trent St Trent Southern Illinois Lt & Power— 1st M ts 1931 opt J&J uth N E Telep 1st 5s '48.J&D South Ohio Tr—See Cin Day & 63 '46" 50 Toledo Home Telep 5s 99 96 1943—J&l 1st g 83 '43' '37.J&J 1922.J&J 80 Tol & Indiana 1st 5s 1931.J&J 85 Tol & West Ry 1st g 5s '26.J&J 93 Topeka Edison 5s Sept '30.J&J 95 Topeka Ry—5s '30 op '15—J&J Toronto Ry 4)4s '20-'21__F&A "§3" Trenton G & El g 5s 1949._M&S Southwestern Gas & Electric— 1952 J&J Rio de Janeiro Tram L & P— (111) 78 85 Southern Trac—See Phila Co lst coll tr g 4s 1st & ref 80 Third Ave Southern California EdisonGen g 5s Nov 1939 opt. .J Deb 7s Jan 15 '21 '28 J&J 88 _ Rockford 90 Southern Pow 5s 1930 opt. M&S Southern Sierras Power— 85 m 5% Tol G E & H Sou B'vard—See 75 Read&Wom—1st 5s g '25 J&J Rhode Isld Sub 4s '50 J&J Richmond (S I) Lt & RR- 5s "87" Ferry—See N Y Rys South Jer GE & T—See Pub i So Side El 434s 1924 op '10. J Sou Yuba Wat—Con 6s '23.J Southern Bell Telep & Teleglst sf g 53 1941 opt 1916. J 75 78 J&J A&O M&N rTol Frem & Nor St Ry—See Lak 1st g 90" "85" Gas— 1926 opt 1908..J& South Carolina Lt Pow & Ry— 75 6234 at Gen M So Bend & Mishawaka Puget Sound Power Co— Gen 75 Sioux City Service Co— 1st & ref s f g 5s 1928 opt.J& 0 m Toledo Bowl Green & Southern Shrevep Rys—1st 5s '20-'44J& Sierra & San Francisco Power- 70 m, Elec 5s'37opt J&J f g Consol 5s 1939 • m Tide Water Power— Second Ave—See N Y Rys Mtge g 4s Dec 1 75 nd" 1945—J&J 60 1942. _F&A Westchester El 1st 5s g'43J&J *50" Yonkers Ry 1st 5s 1946. A&O Thirty-fourth St Crosstown—S ee N Y ~80" 70 93 Rockford 75 New & m m m s 42nd St M & St N South A&O 5s 1957 n '32.M&N Somerset Un & Middlesex 72 , Sou Boulev g 5s Union Ry 1st 5s g 39 6s'23.. Seattle Elec 1st g 5s '30 op. F&A Con & refg s f 5s 1929—1 Seattle Ry 5s 1921 opt..M&N Seattle-Everett Traction— 1st M g 5s 1939 op 1914.1 50 80 conv 79 Scranton Ry—1st 5s Nov'32J&J Gen p 5s 1920 opt. M&N «*.*>.*• 70 J&J 76 Cons g 5s 55 1st g gu 5s r 80 75 75 So Jersey Gas El & Trac— Guar g 5s Mch 1 1953 M&S Pueblo & Sub Tr & Ltg— 1st M 93 70 80 85 75 Newark Term Ry 5s '55. J&D N Hud Co Ry cons 5s'28. J&J 1st g 5s 1935 New ref Ext Scran & Carb Tr 1st Public Service Co of Nor 111— lstsf 58 1922 93 8334 '12.J&J Scran Trac 1st 6s g 80 M - 67 Dry Dock E Bway & Batt'y 1st 5s gold 1932 J&D 9334 "88" Schuylk Trac—1st 5s 1943. A&O 1923.M&S 94 Public L & Pow 1st 5s 1945 F&A Nor Jer St Tex Trac—1st Third Av RR 1st 5s g 88 90" Ry & P—See Puget Sou Adj inc g 5s Jan 1960 op. —- Scioto Vail Tr 1st 5s 59 52 Third Avenue Ry (N Y)— 1st ref g 4s 1960 op aft '14 Pow Corp— Ser A op.F&A 72 k 76 ^ Tampa Electric Co— 1st M g 5s 1933 s f op. _J&D Tampa Gas 5s 1937 opt—_ M&N Tenn Pow gu 5s 1962 opt.M&N Tenn Water 1st 5s 1946..M&S Terre Haute Indianap & East — 1st & ref s f g 5s '45 op. A&O Terre Haute Trac & Light— 1st con M g 5s 1944 M&N Terre Haute El—5s '29—J&J Texarkana G & E 5s '30—J&J Texas Pow & Lt 1st 5s '37. J&D Texas Public Service 6s '33.J&J "83" 70 Prov. Secur.—see Steam RR's. 2d 5s ext to 1924 98 By "79"" 9134 —— Prescott G & El 1st 6s '40._J&J con 85 95 Sh El Sayre (N Y) Elec 5s 1947..A&O Schenectady Railway Co— 94 Portland (Me) Water 4s '27F&A Porto Rico Rys, Ltd— 58 Nov 1 1936 op.M&N Porto Rico Telep 6s 1942..J&D Potomac El Pow 5s '29 op.J&D Cons M g 5s 1936 guar..J&J Deb gold 6s 1925 ..J&J Gen mtge 6s 1923 ..J&J ~85~" 80 1914—M&£ Joaquin Light & Power aft '10..J&D 53 Santiago (Cuba) Elec L & Tr75 1st g 6s 1959 opt 1919...J&J Sao Paulo Tram, L & P, Ltd— 55 1st g 5s June 1 1929 J&D 7234 Savannah Elec Co 5s g '52._ J&J Port Gen Elec 1st 5s '35.J&J 1st g 85 1st 5s 1945 op 52 1 & erv San (Me) RR— 334s 1951 op '31.J&J 1st 85 "80" Series B__. Portland Gas 1st 5s 1951 F&A 1st con 80 75 75 callable. San Joaquin Lt & lst&ref g 6s '50 92 90 Portland (Me) EI 5s '26 optF&A Portland (Ore) Gas & Coke- Portland 75 San Fran Oak & San Jose Con Cons 5s May 19 1938. M&N 19 S F O & S J Ry 1st 5s '33..J&J 2d M g 5s 1933 s f J&J Alleg & Man—See PhilaCo Pitts & Bfrm Tr—See Phila Co 90 72 ' Syracuse Light g 5s g 1951. J&D Syrac L & P coll tr 5s '54. _J&J Syrac Rap Tr 1st g 5s 1946. M&S 2d mtge g 5s 1930. ——J&J Tacoma Pub S r J&D Ry—See Lake 1933.M&N 80 80 Tacoma Wat Sup 1st 5s '25 .J&J, » Consol Gas & Elec— 1st g 5s 1939 opt Deb 6s 1922... J&J Philadelphia & Western Ry— 1st g 5s July 1 1960. J&J Mtge gold 4s 1954. 63 RT St Paul Elec & Peo 4s tr ctfs'45A&0 78 (St L) City Ry—See Twin City St Paul Gas Light— Gen gold 5s 1944.. M&S St Petersb (Fla) Ltg 6s'45.J&D Salisbury & Spencer—See No Ca Ry 5sApr l'52op'07_ A&O Superior Water Light & Pow— 1st 4s May 1931 M&N Syracuse Gas g 5s 1946 J&J Syracuse Lake Shore & Nor— 1st M g 5s '47 opt '17. M&N 1st s f g M&N St Louis RR—See Un Rys (St L) 68 St Louis 9634 Springf & Peoria RR— 58 1st & ref gu g 5s '39 op.-J&D 72 St Louis & Springf 5s 33 J&D 70 Spring & N ETr 5S 1936.J&D St L & Sub Ry—See Un Rys (St L) 64 6% gold notes 1922 F&A Philadelphia Rapid Transit— Coll trg 5s 1957 opt sf—F&A Sf guar 5s '62 opt '17. M&S Darby Media & Cbes St Ry 1st 4^8 '36 opt '16 gu.J&J Market Street Elev Pass Ry 1st g gu 4s 1955 M&N Union Traction— Phila Steinway Ry—See N Y & Qu Co Suburban Gas Co of Phila— 65 1 1937 1st g 58 Nov 84 34 84 A&O A&O Hest Man & F 5s 1924 60 St Joseph Gas—1st 5s 1937.J&J St Joseph Ry, Lt, Heat & Pow— Philadelphia Electric— 1st. M (111) Gas & El 5s 1959... M&S St Clair County (Concluded)— Philadelphia Co. Ask. Bid. Bonds. A sk. Bid. Bonds. Ask. Bid. bonds. except where marked **t" and income and defaulted NOTICE.—All bond prices are "and interest" Bonds. [VOL. 110. QUOTATIONS-PUBLIC UTILITIES GENERAL 42 8 Sale price. 61 4434 58 6134 GENERAL QUOTATIONS—PUBLIC UTILITIES June, 1920.] NOTICE.- -All bond prices are "and Bid. Bonds. Unit Ryi <k Elec (Bait) (Concl) 5% conv notes 1922 FAA 6% conr notes 1922 FAA Bait Sparrows Pt A Ches— 85 O 84 lit g 58 1952 opt 1919... JAD Wisconsin Minn Light A Pow No Bait Dlr 1st 5s '42. J AD 83 "93 CtntRyconMf 5al932. MAN Ext A Imp 6s 1932-MAS Oily A Sub 1st 5a 1922. J AD 86 90 86 90 Lake Ho El 1st 5s '42 MAS 83 86 93 "55" 44 Ext at 424% to 1922..JAJ fclndell Ry 1st g 5s 1911 •xten at 424% to '21.FAA Oompt HUDAM Ter 6s '13 8024 Ext at 5% to 1923 JAJ it Louis RR (B'way) 5s •xt at 424% to 1920.MAN 87 88 9524 8924 4224 97 32 36 65 67 90 ft L A Sub 1st 5s g 1921 PAA Gen g 5s Apr 1 1923 gu A AO ■ILoulsTrans Co5al924 AAO United Rys Investment Co— lit lien coll tr s f g 5s '26 MAN S Pub Serv 1st 8s '27—FAA U S 46" 65 75 95 100 Telephone— 1st 7b Dec 1 1921 ...JAD United Traction (Albany)— Oon g 4>*a 2004 JAD Tax-exempt Albany Ry con M 5» g Utah Lt A Ry (Salt L City)— Cons Ry A P 1st 5s '21..JAJ Utah P A L 1st 5s 1944... FAA Utah Securities Corp— 94 8924 Ventura CoPow 1st 0s'30_MAN Vermont Pow A Ltg 5s '27.MAS flrglnlan Pow 1st flu 1942. JAD '55" MAS Power— 5s 1934 JAJ Norf A Atl Term 5s '29 MAS. Norf A Ports Tr 5« '36.. JAD Wash Alexandria A Mt Vernon g 5s 1955 opt 1941 92 98 m. 63 ' 79" 81 66 110 7% preferred 100 Consumers'Gas (Toronto)...50 Consumers Pow (Mich) pref.100 Amer Gas of New 50 70 76" 78 95 110 Jersey "52" 90 137"" 100 Light 80 83 100 45 50 100 60 65 d d Utilities Telep A Teleg.-.- 4 Detroit United Ry 100 Dominion Teleg (Canada)—50 8 Duluth Edison Electric 8 Preferred..-. 20 d Arkansas Light A Pow com. 100 Preferred 100 Gas 10 Preferred. pf 10 d 3 common.. Bay State Gas - Bell Telephone (Canada) Birm Ry Light A Power Westchester Elec—See 3d AtRv Wsstchester Lt 1st g 5s '50.JAD N Y Sub Gas—1st g5s'49MAS West Chester (Pa) St Ry— 1st g 5s Aug 7 1932 FAA 85 80 85 20 30 70 76 Preferred West End St—See Boston El West End 8t Ry—See Boston El Preferred 90 Westerly LAPfle 1937...JAD Western Light A Power— 95 75 12 85 50 10 rl02 I j 104 "15" "20* 55 61 80 85 75 85 100 63 64 100 82 100 r 8 3 34 deposit 10 d 100 Falrra't Pk A Had Pass Fall River Gas Works 94 "5" 9734 lit g 6s 1940 JAD W Ohio Ry—1st 5s 1921.-MAN Western States Gas A Electric— 1st A ref 5s 1941 opt JAD Calif Elec Generating, pref. 100 Calif Ry A Pow prior pref... 100 60 75 12 18 Calif St Cable RR(San Fran) 100 60 G% notes Feb 1927 FAA Western TAT Col tr g 5a'32. JAJ West Un Teleg Coll tr 5s '38. JAJ Fdg a R E M 424s g '50.MAN 80 CamdenASubRy—See P S Corp 82 80 Canadian General Electric—100 79 7524 79" r 100 R T 43 160 9 0 4) 124 100 -100 5 50 35 Nor Ind Trao .-100 100 (guar)—100 Galveston-Houston El Co.--100 Preferred 100 Gas A Elec of Bergen County 100 Gas A Electric Securities.—100 — 25 35 "55' "q5" 65 310" 250 62 100 General Electric—See Ind. A M lsc. Cos General Gas A Electric 100 Cumulative preferred 100 Convertible preferred 100 Preferred 67 75 80 104 100 72 75 Gold A Stock Teleg (guar)—100 90 98 Grand Rapids Ry preferred .100 Hackensack Water——-.-25 "23" 100 Preferred Georgia Ry A Power com—100 1 103 8424 95 92 150 First preferred.--- 100 preferred 100 Second Capital Trac (Wash, D C)—100 60 95 434 Georgia L Pow A Rys pref--100 Georgia Ry A El Co atmpd.100 56 96 75 100 Franklin Telegraph 4 824 72 70 50 Phlla Ry—See Preferred "il" 68 Federal Light A Trac com .-100 Preferred 100 Ft Wayne A Preferred 92 87 100 Federal Utilities 50 77 Corp -100 Preferred Essex A Hudson Gas Buffalo General Electric.-.-100 5s 1957 op '12. JAJ 60 Empire Gas A Fuel Co pf Equitable 111 G L (Phlla) pf.100 "*24 4824 B'way A 7th Ave RR—See NY Rys Brooklyn Edison 100 87 Certificates of 10 n — 40j 523 75 70 n Preferred-.., 100 Empire A Bay State Teleg.-100 Empire DistrictElectrlo.—-100 20 100 d d d ..(no par) d Elec. (no par) d (no par) d Brooklyn City RR Brooklyn Union Gas 147 Elec Storage Bat—See Ind. A M lsc. Co a, Elizabeth Gas Light 20 d 50 Western N Y Utilities— 1st a ref g 100 Elmlra W LARRlst pf v t c.100 El Paso Elec Co common—.100 100 8 134 Ellz A Tren RR—See Pub Serv Brooklyn Rapid Transit.—100 ' 65 MAN Western N Y A Pa Trac— 10 15 Ry A ..100 Brazilian Tr L A P Ltd 32 70 25 7 West End Street Ry com. 50 Preferred 8% 50 Boston Suburban Elec .(no par) Boston A Worcest «73 91 12 61 15 100 100 Boston Elevated RR com Preferred 10 10024 100 Preferred Bleeck St A Ful Fy—SeeNYRys 80 81 Duluth-Superior Trac Co. —100 15 50 Normal 80 46 7824 5 5 100 Bloomington A L pref guar "55 . 40 r Eighth Ave RR—See N Y Rys 20 Electrical Securities pref 100 95 Electric Invest Corp 100 1834 Preferred 100 13034 100 Preferred 76 90 100 100 Preferred... 72 8 Edison Elec Ilium (Boston). 100 Elgin A Chicago—.100 Preferred • 100 Bangor Ry A El 144 Eastern Penn Rys com 100 East Read'g El—See R'd'g Trac East St Louis A Suburban..100 8 100 Preferred 140 40 85 1834 ..100 Arkansas Vai Ry L A P 50 94 15 13 4 30 100 100 Arkansas Natural 80 105 Duquesne Light—See Phlla Qo. 46 93 34 1 100 Preferred 75 100 9924 100 —100 Preferred 100 -100 Arizona Power 36 Y~~Citi 100 Preferred. 1 10 —-100 5 ~34~" Dayton A Western common. 100 Denver A Northwestern Ry. 100 Detroit Edison 100 3 I 100 .100 Preferred 18 40 12 pref—-100 Dayton Power A Light——100 159" 100 Optional warrants 1921 Optional warrants 1931 Blackstoue Val Gas AE 1948...FAA 21 75 Danv Champ A Dec 38 37 100 Preferred 5124 42 103 52 - ...50 d Preferred Amer Public 4 35 Amer Light A Traction A 154 324 r Contln Pass Ry—See Phlla R T Cumb'l'd Co (Me) P A Lt-100 Preferred 100 Aurora op—MAS f 5s 1925 105 25 Augusta-Aiken Ry A Ei 40 MAS Consol A coll tr g 5s 1929.JAJ 1st refg g 5s 1939 op JAJ Waterloo Ced Falls A No Ry— 1st M s f g 5s 1940 op '15. JAJ S 100 100 Preferred "95" Metropolitan 1st 5s 1925 FAA Washington Water Power Co— 1st 18 50 d Appalachian Power Guaranteed g 14 Amer 85 m Wash'n (DC) Gas 5s 1960.MAN Washington-Idaho Wat L A P— 1st g 6s 1941 MAN Wash Ry A El g 4s 1951... JAD General 6s 1923 JAJ Anacost A Pot 5s 1949..AAO City A Sub 5s inn 70 Washington Bait A Ann El— lit M 5s Mch 6 90 o. 1st A ref g 1st 80 4 American Railways Co 30 Preferred 100 Amer Teleg A Caole guar--100 70 70 Preferred B - fallay CountlesPow 5s'30.MAN 20 100 - 100 Preferred lit g 4Hs 1941 MAS Utlca Belt L 1st g 5* '39 MAN 16 60 Preferred 100 com.--- Preferred ~8§" 5624 Columbia (SC) Ry Gas A El 100 Allegheny Trac—See Phlla Co Amer Power Utlca EI L A P 1st 5a 1950. JAJ Utlca GaaAEl /efAext 5s '57 JAJ Utlca A Mohawk Valley Ry— ±iy Preferred All American Cables lnc Amer Cities Co 86 55J4 Columbia Gas A Electric—.100 Albany Southern RR com.-100 Preferred Amer Dist Teleg (N J) Amer Gas A Electric Preferred 84 12 88 10234 ; so 15 Com'lth Pow By A L com. .100 1 1924 MAN 55 "e5"~ 38 Preferred.. -100 May 1 1957. MAN 76 York Rya-lst M g 5s 19 37 op J A D ; so Coney Island A Bklyn RR—100 "81"" Connecticut Power pref Youngstown A Ohio River— 100 85 90 1st M g 5s 1935 opt '15. AAO 32 Connecticut Ry A Lighting. 100 33 Preferred 100 Youngs-Sharon Ry A L—See M ah A 8 RyAL 98 24 Zaneav Ry LAP—See Col New A Zane avilie Cons Gas, E L A P (Bait)—100 Consolidated Gas (N Y) See under N PUBLIC UTIL STOCKS Par Consolidated Gas (Pitts) pf-50 d Cons Trac of N J—See Pub Serr Corp 9 13 Adirondack Elec Power 65 100 Consol Water (Utlca) com—100 68 72 Preferred 100 70 5% preferred— 100 78 6% notes 8ept 15 1922. MAS 9 80 2d 0s May Cons M 5a 60 "76" 7% 100 —100 15 74 "75" Preferred 39 50 71 74 9624 -—100 100 80 65 Preferred Colorado Power 80 Commercial Union Teleg (gu).25 Commonwealth-Edison Co. 100 42 ~80" 80 73 Preferred 100 Clev Palnesv A Eastern RR.100 Cleveland Ry 100 Cleve Southw A Col Ry 100 Columbus Ry Pow A L com. 100 Preferred A 100 42 67 75 Ask. Bid. Par. Yonkers Ry—See Third Ave Ry York Haven Water A Power— 1st fls June 1 1951 JAD 76 55 80 Stocks. bonds. WorcASouthbStRy4348.22MAS 37 "70"" United Utll 1st 6s '43 op '18 JAJ Utah Gas ACoke lstfls' 30 opt JAJ Utah Lt A P cons g 4s '30. JAJ Virginia MAN 85 75 13 defaulted City Pass Ry—See Reading Tr City Ry (Dayton, Ohio) 100 1st A ref g 4348 1930 FAA Deb g 5s 1927 MAN Wore A Clint 1st g 5s '19Ext at 7% to Jan 1921 37 JAD Troy City Ry 5s g 1942.AAO Unit Tr (Plttab)—See Phlla Co United Tr A El (Pro?) 5s '33 MAS 7% gold notes 1924 1st A ref 5s 1944 op '19. income and Atk. 80 Worcester A Conn Eastern Ry— 1st 8 f g 4 348 1943 —JAJ Wore Con St Ry 424s 1920.MAS _ '30 JAJ Gen g 5s 1947 Bid. Bonds. 90 80 marked "f" and where Wisconsin Edison Co— Conv deb 6s 1924 MAN Wisconsin Gas A Electric— 1953.-.FAA BaltTracColstM6s'29.MAN Unit Rya (Phlla)—-See Unit PAT United Rys of St Louis— Oen g 4s July 1 1834 JAJ Class At a F Gdi 1st 5s 1912 I ill. 8524 1st k fu 424s interest" except 86 Carolina Pow A Light, com. 100 30 34 7634 Cent Arkan RyALCorp pref 100 Cent Crosst RR—See N Y Rys 85 92 Northw'n gu g 424s 1934. JAJ Western United Gas A Ei— Cent Hudson Gas A Elec—100 98 103 lstAref 5s g 1921 to '50 PAA West Liberty St Ry—See Phlla Co West Penn Power— 72 1st M 5s '48 op '21 SerA MAS 87 1st M 0s 1958 Ser C.-..JAD Central States Elec Corp—100 Preferred -.100 8 12 Hartford City Gas Lt com.-.25 Preferred -.-25 57 Havana Elec Lt A Power.-.100 90 95 100 95 100 724 Holyoke 8treet Ry— 100 Houghton County Elec Lt—-25 38 75 M«tUn0s ext at 5%to'41MAN 97 Cent PkNAER RR—See N Y R yi 90 Conv deb 6s 1924 JAD West Penn Railways Co— 1st g 5s Jan 1 1931 AAO Pitts McKees A Connells RR 1st cons g 5s Jan 1 '31. _ 70 Profcirrftd Chicago Rys 70 JAJ Wsst Penn Tr 1st 5s I960.JAD W Phlla Pass Ry—See Phia RT Whatcom Co RyALt 5s'35MAN 53 Chic City A Concom part ctfs(t) d Pref partlc ctfa (no par) d 90 Chicago City Ry 9334 Chicago Elevated Rys Series 2 Series 3.. Series 100 —... —m 80 lit M 5s 1941 opt Wheeling Trac 5s g 1931 "2"" 324 <*> 3 ... 1 24 4 Preferred 100 70 9734 100 84 Cincinnati A Hamilton Trac. 100 Preferred --.-100 30 40 Cln New A Cov Lt A Trac..100 Wilkes A 85 90 90 P referred —100 Cincinnati Street Ry_<._ 50 d Clncln A Subur Bell Telep—50 d 80 Cities Service Wllllamspt Gas—1st g5s'39FAA Wilmington (Del) Gas Co— f g 5s 1949 68 op.MAS Winnipeg El—1st ref 5s r35 JAJ r 100 70 56 — — — 100 Preferred 100 Cities Service Bankers shares(t) d 8434 Citizens' Pass Ry—See Phil R T Citizens Trac—See Phlla Co 71 Rights, when issued Preferred-— 39 40 68 69 330 333 Indiana • Purchaser also pays accrued dir. par value r Canadian price. 1024 30 33 34 38 18 20 60 a an 100 common.-100 100 Indiana Union Traction——100 Indianapolis Gas 50 d Indlanap A Southeast Tr pf. 100 St Ry Co—---100 Indlanap W W Sec, pref 100 Interboro Consol Corp v t C— tt) 80 88 85 95 14 10 Lighting— Indiana Rys A Lt Preferred 60 04 10 20 88 95 "55" 95 ~53~~ 48 75 63 Indianapolis 80 90 324 324 24 04 65 100 12 12 3524 3524 Internat Ocean Teleg (guar). 100 80 90 Preferred International Trac (Buffalo) 100 4 b Basis, d Price per sbare, not per cent f This price tSale tprice. Ex-dtv Ex-rights, ft) Without par. 100 100 % preferred 7% preferred •f d ' 10 25 Preferred 100 Ilium A Power Secur.ties—-100 Preferred 100 __ 78 Wyo Val—5s '21 AAO 43 156 Preferred Wilkes-Bar re A Hazieton RR— 1st coll tr g 5s 1951..MAN 15 Wllklnsb A E Pitts St Ry—See Phlla C 83 Wlllapa Elec 6s 1923 JAJ 40 424 Houghton County Tr com.-100 Preferred ,-100 4 Houston Gas A Fuel pref.,, 100 124 Hudson County Gas—-—100 24 Illinois Traction common—100 Chris A 10th Sts RR—See N Y Rys Cincinnati Gas A Electric-.100 6934 Cincinnati Gas Transp 23 152 Preferred 20 10 ser 1 MAN JAJ Wllkee-BarreGAE 5s'55opt.JAJ s 1 Chicago Sub Gas A Electric. 100 Wheeling (W Va) Elec Co— 1st A ref 24 7 com partlc ctfa ——-—25 Harrlsburg Lt A Pow pref—.50 Electric Light 100 Hartford — Includes accrued Int. k Last sate ** Nominal o Per cent GENERAL QUOTATIONS-PUBLIC UTILITIES 44 com.(t) -.100 25 Northern Ohio Tr A L pref .100 Nor Ontario Lt A Pow com. 100 15 Preferred100 75 10 Northern States Power 100 Preferred.. 100 103% Northern Tex Elec Co com.. 100 North Ohio Elec Corp, Inter-State Rye preferred... - 1C d Jacksonville Traction com.. 10( Preferred IOC 10 Kentucky Securities Corp...101 65 10( Preferred 80 Keystone Telephone—— 5 Klnloch Long Diet Telep— Laclede Gas Light Preferred . 100 100 37 IOC 65 Second preferred Lancaster Co(Pa)Ry&Lt Laarentlde Power 4 lCf r Lehigh Power Securities (V Lehigh Valley Transit com., fir 4 fir - .... 5 4 d —... Lincoln (Neb) Gas A El Lt-ior 26% Lone Star Gas, new 25 d Louisville Home Telephone. 100 Louisville Railway Co 100 Preferred lOi 145 Lowell Electric light 100 145 Lowell Gas... 100 Mahon A ShenRy A L, pref. 100 Hanhat Elev Ry (N Y) IOC Manufac Lt A HI., Plttsb—CO d ~ Preferred 30 Massachusetts Ltg Cos com.(t) 4 Preferred 77 Mexican TelepATeieg Ottawa Light, 43 54 53% $2 Preferred 10 d Tramway.. 100 I Michigan Light pref 100 Michigan State Telep pref—10< Middle West Utilities 100 Mexico Preferred 100 Milw Elec Ry A Lt pref Mississippi River Power Preferred Mobile Electric pref. Mohawk Valley Co MonongahelaVal Tr_— Preferred Montana Power Prefeired 10 10 70c" 1% 3)4 18 22 70 75 46 53 34 36 18 45 100 100 tn 60 50 70 48 60 100 25 d A 8 95 Montreal Telegraph —.40 Montreal Tramways com...100 r 115 r 125 Montreal Tram A Pow 100 Mountain States Tel A Tel.. 100 r 15 a 2 5 100 30 Wawark Consolidated Gas.. 100 Naw Bedford Gas A Eiec— .100 72 15 preferre-i .100 Becond preferred. 100 New England Power, pref. 100 Nsw England Tel A Tel....100 Naw Haven Gas Light.. 25 A 80 85 Jfaw Haven Water fiO d ffsw Orl Rys A Light Co.—100 63 50 57 87 93 86 86% 23% 5 70 ! 12)4 15)4 26 81 82 80 95 New York Railways 100 Bleecker St A Fult'n F'y_.100 Baay A 7th Ave guar 100 Central Crosstown 7%—.100 Christopher A Tenth Sts.100 lighth Ave 100 42a St A Grand St Ferry.-100 Ninth Ave guar 6% Second Ave Sixth Ave 100 Twenty-third St 100 guar 100 11 100 ~22~ 100 B Y State Rys common 100 32% 34 100 48 50 com... 100 95 100 Niagara Falls Power Preferred 104 loo Norfolk Railway A Light... 25 d Northampton (Mass) St Ry.100 Northern Calif Power Cons.100 90 85 II—I 25 "35" 36 65 100 70 Tampa Elec Co 100 Tennessee Ry L A F cora___1C0 109 80 10" 3 100 1% 0%; .100 Tri-Citv 30 23d Street—See N 85 Union Trac of Tnd 50jd 504 50;d 71 — 10 dv. 125 100 •».— 32 123)4 - ~ 106 -'«# 1 <aLm 10 51 Phila Cy Pass Rv ($23% pd)50 50 d s a 30)4 Preferred _ 13th A 15th Sts Pass Rv..' 50 d k 100 , I Virginia Ry A Power 31 30)4 87 Pine Bluff Co pref 100 Pittsb A Blrm Trac—See Phlla CoI. ' 1 k 165% 95 ■' .100 100 com... Preferred 13 13% 40 45 30 63 18 38 45 Rapid Transit St Ry Co__ 100 80 Jersey Gas Elec A Trac 100 150 175 90 100 10 9)4' 19% 20 10 20 5 15 80 90 12 d 44 45)4 )4 "l7" 100 43 100 100 6 Washington Water Power Co 100 Western Ohio RR 1st pref..100 67 Western Power Preferred 30 .... 2 com IS" 12 "18)4 45 73 100 13 id' ..100 57 59 50 68 70 5 15 85 87 Western Rys A Light pref.. 100 Western States Gas A Elec.. 100 Preferred 100 40 Public Service Co of Nor 111.100 Preferred 100 70 76 Puget Sound Light A Power. 100 15 17 Western Union 82)4' 83 Preferred Telegraph.. 100 West'house Elec A Mfg—See un der Misc 90 85 26)4 West Penn Power pref 100 79West Penn Rys preferred... 100 53 ...100 Ji 8 7% 50 d Preferred Preferred ..... iy% 6% 13% 100 Wash-Virginia Ry 100 58 100 com Preferred Preferred Consolidated Trac of N J. 100 tn 100 100 20 d Wash-Idaho Wat LAP pf__100 Wash (D C) Ry A El com.. 100 4 8 n Washington (D C) Gas 33)4 21 55 100 Virginian Power Co Wash Bait A Annap - 42)4 190 18 5)4! 100 187% United Utilities k 192)4 Preferred ; k 187)4 Utah Securities Corp 1 14)4 ...... 53% United Trac A Elec (Prov).lOO k 100 3 1 Preferred .100 United Rys A Elec (Bait) com 50 d United Rys Investment Co. 100 53 52 2 186 United Light A Rys com First preferred k 106 Philadelphia Traction., l. 50|d Ridge Ave Pass ($28 paid) 50jd 2d A 3d Sts Ry guar 50 d ' k 50 . 95 10o com.... 100 37% IOC 32% United Rys of St Lou—Com. 100 k •»-» 130"" 30 ~ United 111 Co of New Haven. 100 79 — .. Railway? k 50 Green A Coates Sts ($15 pd)50 Hestonville M A F com.. 50 50 d * 10i 1.00 "so"" United Elec of New Jersey.. 100 oo United Electric Secur pref. .100 United Gas A Elec Corp 2154 100 21 % First 20% preferred 100 20)4 k 222 8eccnd preferred.. 100 k United Gas A Elec of N J pf. 100 74 42 k United Gas Improvement 45 50 d 8 Pittsburgh Oil A Gas... 100 Portland (Me) Gas Light 50 Portland (Ore) Ry Lt A Pow— New stock (76% paid)... 100 Porto Rico Rys Ltd 100 45 )4 65 W - preferred Second preferred k 270 Union Pass ($30 5-6 pa)— 50|d Union Traction ($17% pd).50,d West Phlla Pass guar 50 d 43 r First Frankf'd A Southwark Pass 50 50jd 88 A (I UnlonStRy(New Bed,Mass) IfX — 60 d 12 80 Twin City Rapid Transit—.10( Preferred 10' 100 31)4 Union Natural Gas — 25jd 2)4 12% 31 31 504 Y "37" % 25 50 d 10 36)4 Troy (N Y) Gas 36 36 Ry A Light pref... 100 5 j "u~i 100 Trl-State Telep A Teleg Preferred 80 ...... )4 Tidewater Power pief Toledo Bowline Green A So. 10' Toledo Home Telephone 100 Toledo Rys A Lfght Co 100 Toronto Railway 100 ..... Public Service Corp of N J—100 Camden A Sub ($5 paid).. 25 d It Y A Richmond Gas Preferred 80 Germsntown Preferred Providence Gas 100 34 50 Preferred 62)4 75 50 d 50 d Phila A Darby Pass Ry— Phil A Gray's Fy ($25 pd) 14)4: 50 100 Third Ave Ry (N Y): Duquesne Light pre'.....100 Federal St A Pleasant Val. 254 Preferred com. *92"" % 13)4 Terre Haute Tr A Lt pref... 100 50jd Passenger.. "85 63 Terre Haute Ind A East Prfferred 39 % 100 Citizens Traction 76 55 New York City—ConsoGaslOO N Y Mutual Gas Light...100 "85~~ 62 People's G L A C (Chic) 100 People's Nat Gas A Plpeage..25, d Phlla Co (Pittsburgh) 50,d 5% noncum preferred 50!d preferred Servic eCorp 80 Preferred 80 15 30 c 100 Preferred 129 97 100 Standard Gas A Elec (Del)..50 Superior Water, LAP 77 150 45 ..100 16 48)4 Pennsylvania Water A Pow. 100 Pensacola Elec Co, com....100 Pittsburgh A B'ham Tr... United Traction preferred 15% Phlla Electric (full paid) 89 Phila Rap Tran Vot Tr Ctfs. 95 Citizens'Passenger guar.. Continen Pass By ($29 pd) Fairin't Pk A HaddJng'n— 25 Preferred 12 77)4 20 95 P.preflOO 3pringfield(0.)L.H.A Spring Valley Water 48 15 5 Springfield (Mo.)Ry. A L. pref "39% 82 96 100 Southwest Missouri RR 80 ~80" 80 100 com Preferred 42 85% 90 First Southern Utilities 70 60 93 South A Atlan Teleg (guar)..25 Southern New Eng Telep—100 80 Jer Gas El A Tr—See Publl r 106" 100 100 Preferred 35 /35 140 87 Ntw Bedford A Onset Ry...100 ffiw England Co com 100 South Calif Edison com 80 30" 98 34% Montreal LEAP Cone.-.100 Preferred 20 40 "63% 65 98 33)4 100 Allegheny Traction 63 100 Preferred 15 preferred—100 cum 17 90 92 Penn Central Light A P pref 100 Pennsylvania Lighting com. 100 Pre f erred 100 6% 15 80 55 Scranton Elec, pref 100 Shawlnlgan Water A Power. 100 Somerset Un A Middlesex LtlOO 29 100 Preferred 100 100 Scioto Valley Trac com....100 First preferred .... 100 "33% 75 75 0% 60 65~ 100 50 Light com...100 Pawtucket Gas 95 3854 73)4 4954 7 100 Padueah Tr k Q 100 ...100 100 42 ..... 100 ~"99c Paterson A Passaic Gas A El. 100 11 Jfanagansett Electric CO d Nashville Ry A Light pref. .100 Natlonal Light, Heat A Pow .100 — Telep A Teleg ~60*' 90 50 100 Pow pref. 100 A Pow—100 Savannah Electric Co Preferred 67 Preferred r Preferred 15 70 Maniclpal Gas (Albany) 100 Mask ogee Gas A Electric—.100 preferred "56" preferred Preferred 70 37 44- 7% 100 Preferred 9 25 65 40 St Job Ry Lt Ht A San Joaquin Light 12 Second preferred (old pref) 100 77% 50% Pacific Gas A Elec (Ariz) pf.100 12 Pacific Light Corporation—100 78 Preferred 100 59 65 100 100 pref Heat A Pow—100 Ottawa Traction 100 Otturnwa(Ia)Ry A Lt pref.. 100 Pacific A Atlantic Teleg (gu).25 Pacific Gas A Electric 100 Pacific 10 d 80 60 14 100 Preferred Richmond Light A RR 100 Roch Ry A Light 5% pref—100 100 Ore Electric Corp, 150 Memphis Street Ry com..-.100 Preferred.. 100 Mexican Light A Power com 100 I Mexican Northern Power... 100 77 As*-. Republic Ry A Lt com....100 100 Preferred 150 84 73 100 45 62 25 Omaha A Council Bluffs 50 77 x 15 57 30 Bid. Par 11 % ... Oklahoma Natural Gas 100 100 11 51 "65% Northwestern Teleg First 100 Electric Preferred (guar)—.50 Ohio Cities Gas— 25 Preferred 100 Ohio Fuel Supply 25 6 Ohio Gas A Electric pref 100 10 Ohio State Telephone 100 20 Preferred 100 Ohio Traction—Common... 100 Preferred 100 26% Mass Electric Companies—100 Preferred, stamped Massachusetts Gas Cos 35 85 80 100 100 100 Preferred Northwest 15 10( pref 50 Preferred 40 2% lake Shore Elec common—. 100 First preferred IOC 13 Preferred — 4 SO d Preferred 9~ d Stocks. Ash. Bid. Par. Stocks. Ask. Bid. Par Stocks. [VOL. 110. 55 Quebec Ry Lt Heat A Pow..100 r 25% Railways Company General. 10 Rap Tran St Ry—See Pub Serv Corp 22 Reading Traction 50 d 95 City Passenger Ry 50 d 65 East Reading Electric Ry. 50 d Reading Transit A Lt, pref..50 dn 80 23 West Penn Tr A Wat Pow.. 100 10 12 100 57 62 Preferred 100 Winnipeg Electric Ry J 00 73 Wisconsin Edison common..100 90 Wisconsin-Minn LAP, pf.100 Yoric (Pa) Rys common 50 Preferred 50 ... 0 Purchaser also pays accrued dividend. d Price per share, not per cent, e New stock, ti Ex-stock dividend, k Last sale. Nominal, r Canadian price. • Sale price, u Ex-warrants. e Old stock, x Ex-dividend, y Ex-rights, t Without par 34 '30 34 80 85 10 11 30% 31 I London.^ value. INDUSTRIAL AND MISCELLANEOUS SECURITIES In the rearrangement of our quotation lists we classify under the designation "Industrial and Miscellaneous Securities. * *11 Issues which do not appear under the previous two headings, namely "Railroad (Steam)" and "Public Utilities." In the ease of stocks, however, we put Antee and Safe • "Textile Manufacturing," "Insurance," "Mining," "Real Estate and Land," "TitleGuar* Deposit Companies" under separate heads, then follow with the rest of the "Industrial and Miscellaneous" NOTICE.—All bond prices are "and interest" except Bonds. Bid. Ask. where marked "f" INDUSTRIAL & MISCEL'NE OUS B ONDS. Allied Packers, Inc— Acme White Lead A Color WksConv s f deb 6s 1939 1st 6s July 1920 to '28 op. JAJ 98 100 55 56 Adams Exp col tr g 4s '48.MA8 Col tr g 4s 1947 55 JAD / 53 90 94 Advance-Rumely deb6s'25 MAF Ala Steel A Shlpbldg—See Term CIA RR. AlaskaGold Mluesdeb 6s'25 MAS 11% 17% Deb 6s 1926 Ser B MAS 11% 14% ft Basis. bonds. Bonds. Ask. American 68 63% 85 79 89 gen s f 6s '42 opt '13..FAA JAD 96% Amer Malting 5s 1926 Amer Pipe A Constr Securities— 91 82 Coll tr g 6s 1922 opt—_FAA 6% notes Sept 2 1924.MAS2 Graphopnone 6s '30. JAD 91 93 89 Amer k Last sale, n Nominal. » Sale price, , American Ice Co—R E 1st A JAJ 00% Ask. Bid. Ice Securities— 1st 5s 1928AAO Conv g deb 5s 1924 FAA American Can—deb 5s 1928 PAA Amer Cot Oil g 5s 1931 optMAN Am Agric Cher /This price Includes accrued Interest, and Income and defaulted Bid. Bonds. t New stock. 90 94 87 92 99 100 . JUNE, 1920 ] INDUSTRIAL AND MISCELLANEOUS SECURITIES NOTICE.—All bond Aoier Smelt A Refining— 1st M fis 1947 190 198 190 198 190 198 190 198 190 198 99% 99% 99 % 99 % 7% 7% 7% 7% gold notes 1920 MAN gold notes 1921 MAN gold notes 1922 MAN gold notes 1923—MAN American Type Founders— Deb gold 6s 1926 MAN Deb gold 6s 1937 MAN Deb gold 6s 1939. MAN American Writing Paper— JAJ Debg 5s '52 tax-ex NY.MAS Deb 6s Feb 1 1940 FAA Qirard Pt Storage 3%s '40. AAO Goodrich (B F) Co— 1st s f g 0s 1927 opt 100 100 Co.—Real est 101 98 95 98 78 Stamped 79% Grand River Coal 87 88 6% 100 94 97 94 97 94 97 96 100 85 lit s f 5s 1940 op aft '15 MAN Barney A Smith Car 5s 1936JAJ 94 Bsech Creek C A C 5s '44__JAD Bethlehem Steel Corporation 87 - «. mm 98% 97% 90% Beth St 1st 1A ref 5s'42.MAN 79% 78% Pur M 38 1936 —JAJ Penn Mary Steel 5s 1937.JAJ Booth Fisheries ■ f 6s 1926. AAO Boston Term Co—3%s '47 FAA 93 Cons g 5s Jan 1 1955 JAJ Bauh Terminal Buildings Co— Independent Brewing 0s'55 JAJ 50 Indiana Steel 1st 5s 1952. 80 _ 90 'Iron Steamboat 1st 5s 1932 AAO Deb 6s 1933 i 69 70 72 71 73 k ' 1st a f g 0s 1931 opt 90 93 84 Leh A W-Barro Coal—See Cent Liggett A Myers 92% 63 83 85 6% gold notes 1921 Lima Locomotive 1st sfg 08 1932 1 Conv s f 5s 1936 90 Union Oil Co of California— 90 94 Union Steal Co 1st 5a'52gu.JAD Un Transpor 1st 5s 1923..FAA 92% 93 Uulon 85 Bait Fruit—Deb 4%s 1923.JAJ 48 "5l" 55 60 Monon Riv Con GAC6s'49 AAO 1st g gu 5s ser AAB '34opFAA 72 j 81 83% 78% i "74" s f 4%s '39..JAJ Mtge Bond 4s Ser 2 '66 op.AAO 3s Ser 3 1932 op *22 JAJ Nat Conduit A Cable Inc— 1st Msf 6s 1927 _AAO Nat Enam A Stpg 5s '29 JAD Nat Starch deb 5s 1930 gu._JAJ "89" Gen A ref 0s 101 89 1935 JAJ Ciamp(Wm)SonsShlpAEn Bid NYAlrBrakelst 6s'28conv MAN N Y Dock Co—1st g 40 '51 FAA 85 87 97 97% Sugar Corp— Cuban-Am.Sugar—1st 10s notes 92 99 "98~" RR of NJ p 33 105 103% 79 80 97% 1st M s f 5s Nov 1 1948 Ogilvie Flour Mills 6s '32.JAD 98% 89 ~90" "55" 82 92 96 10 79 79 Park A Tilford 80 83 Parsons (W Va) k 96 f 6s '36...J&D 80 90 93 Empire Refg 1st 6s 1927..FAA 79 83 90 70 s f A 6s .. r 1 65 70 91 94 92 93% 79 "79% 79% 100% 80% U S Rubber- 11 S Smelt Refg A Mining— Conv 6% notes 1920 F United States Steel Corp— Utah Fuel—SeeDenv 94 95 95 97 95 97 90% 34. 91 ARJoGr, p. 90 Vancouver Lumber 6s'21 *25 J A J Vandalia Coal 1st 6s '30 op.JAJ ~60" Victor-Amer Fuel 1st 6s 40FA A Victor Fuel 1st s f g 5s 1953.JAJ 95 "65" 62 Virginia-Carolina Chemical— 92 93% 94 97 82 85 Baking Co- Welabach Co col tr 5s '30. « , 85 88 92 85 90 98% r ■ r mmmrnrn Western Electric Co— 70 68% Wilson A Co 75 EXCHANOE 1941. No. Last 8aU. 70 80 65 67 Co N Y Produce Ex. 1,800 N Y Cotton Ex.. 450 3,500 3,700 23.800 79 5,000 16,500 9,750 7. 4,000 98 3,500 1,200 50 46 23,000 Ex. 500 221 Pittsb Stock Ex.. 115 98 St Louis Stk Ex.. (SanF)StkABdEx Wash'ton Stk Ex. JAJ » Sale price. 40 141566 6,900 16~506 71805 mm*mm m "1I266 9,000 36,000 15,300 3,300 5,250 1,000 Phila Stock Exch. 99 Ca:;a iiau Price. 29 75 $ 19,000 6,500 87 74% Chic Bd of Trade. 1,614 Chicago Stk Exch 250 Clncinnati Stk Ex 35 Cleveland Stk Ex 35 $ 3 150 96 85% 22 Boston Stock Ex. 98 88 3*,a56 7,_.l Orl Cot 99 87% 85% 2,000 3 323 New 90 98 |91 N Y Coff ASug Ex Baltimore Stk Ex Louisville Stk Ex. 93% SEATS. N Y Stock Exch.1,100 N Y Con Stk Ex. 480 60 100 76 6b 91% 59% "55" Pac 1st 06 r 82 Heat 1935 91 Nominal, T ypewrft 100 60 Light Peomans.Ltd—lst3s'20op MAN j! Peunsyly C A C 1st 5s '32 opJAJ » 95 ) 8 MlnueapCh of Com 593 i Last sale. 102 95 Montreal Stk Ex. /This price Includes accruedlnterest. 99 94 90 92 Pierce Oil Corp.— Conv deb 6s 1924 89 84 90 Steel — PaAMd Steel con g 6a'23 MAS Span-Amer Iron 0s 1927.JAJ 98% 80 I 80~" Pennsylvania JAD mm 90 89 _ * mmm. 95 105 77 Ward jjPenn Mary Steel—See Beth Steel . 92 82 Pulp A Lumber 68 '20-'24 opt mm 104% 98% '20-'34op'19JAD 89 g 87 97 United Lead deb 5s 1943.-JAJ 92 m ioo" 97 U 8 Env 1st 5s MAN let 98 100 -PeerlessTrk A Mot6s'23 MAN 10 83% r s 0 85 97% 83% p 34 rilOO Pacific Coast Co—G 3s '40 JAD Pac Trust Express eq—See So 78 3 83 "97" 94 "79" 100 Series B "88"" "97" 103%' 75 Series C 95% 83 80 r f 82 97 80 Shipbuilding Co— O'Gara CoalSs 35 op aft'08.MAS 80 cv g 77 N Y A N J Ferry—5a '46. JAJ 99% 1 97% Typewriter—See Remin gton 93% 94 N Y A Hob F'y 5s May '46 JAD Hoboken Ferry 5s '40..MAN N Y 88 1 JAJ 1st New Eng Nav—See N Y N H A H RR 90 N J Zinc 1st 4» 1920 AAO 98 1 00 tec f 5s 1931 opt. JAJ2 Debg 4%a 1925 sf_ U | National Tube 1st 5s 1952 MAN 75% Natomas Co of Cal— 92 86 1 U S Mtg A Tr— 77 73% a 99% Ry Morris A Co 1st 98 U S Finishing— MAS I Morion Coal—See Chic Ind A L 72% 97% ... 88 "III 02 93 7% gd notes '23.MAS Stamped First lien Mallory SS 1st 3 f 3s 1932...JAJ Maryland Steel 1st 5s 1922. FAA Mexican C A C 3s 1928 op.MAS / 75% Mldvale Steel A Ordnance— 87 Sink fd 101 74% 80 71 58 Cahaba C M Co 1st 6a'22 JAD Tenn Cop Co conv 0s '25.M AN Texas Co deb 6s '31 op '15.JAJ 82 "95" "68% Union B A P 1st g 5s '30 op JAJ 76 78 100 85% 6Batlfl. 45 86 .MAN 78 Elk Horn Coal 6s 1925 102 35 JAD 76 Banlop Tire A Rub Goods, Ltdlst s f g 6e 1927 opt. ....MAS du Pont (E I) de Nem Powd— Gold 4%a June 1 1936..JAD EagleAPbenix Mfg 5s 1926. JAJ Eastern Steel lst5s'31op'16FAA _98" 85 78 1st M sfg 5s 1928. JAJ 78% Steel Co of Can. 6s 1940 JAJ Sun Cr Co col tr s f g 5s *44.JAJ 86% Swift A Co 1st 8 f g 5s '44._JAJ 6% gold notes 1921 F A A 15 T H Symington conv 6s'20 JAJ 86% Temple Coal a. f. 5a 1924.JAJ 72% Tenn CIA RR gen 5s '51..JAJ 90 Ala SteelAShipbdg 0s'3O.JAJ 87 Loriliard (P) Co g 7a 1944.AAO Gold bonds 3s 1931 —...FAA op..JAJ 5a '27 op '08.AAO Domln Coal 5s '40 op M0..MAN Dominion Iron A St 5s 1929. JA J I62" mmm mm 90 Corp— 80 Col tr * mmmm 65 n'tes May 15'25.MAN15 Standard Mill—1st g 5s30MAN Standard Steel Works Co— 88 g 7s 1944. A AO Gold bonds 53 1951 FAA 60 g 6% sfg notes 1929....FAA Somerset Hotel Tr 4s 1921. JAD JAD 70 90% 7% 90 ~70"~ Lehigh Coal A Nav— Gen M g 4%s May 1924..Q-F Funding 4s g July 1 1948.JAJ Col tr power 4%s '21 op.JAD Con a f g 4%s 1954 JAJ Clyde 88 1st 3s 1931 opt.. FAA Styles (Wm) Co 1st 6s '26.JAJ Dewees (W) Wood Co 5s'30 M AN ©lstlilers' Securities Corp— 100 "69" St L Rocky Mt A P 3s'53 stpJAJ Securities Co N Y 4% cons MAS Sioux City Stk Yds 1st 5s'30 JAJ Sloss-Sheffield Steel A Iron— Latrobe-ConaellsTlUe C A C— JAJ 87 60 St Louis Brew Assn 6s 1939.JAJ St Louis Car Co 6s '21-'23 MAN St L Nat Stock Yds 4s '30..JAJ1 74% 100% JAD Lackaw St 5s '23 op to '06 .AAO 1 1st 3s 1950 op after 1913.MAS Eq 5a 1921-1920 MA815 6 Lake Superior Corp inc 5s'24 Oct I 1st A doll tr gold 38 1944. JAD Lake of the Woods Mill Co, Ltd I 1st M 0s June 1923 JAD r 100 91% 93% Oudahy Packing Co— lit s f gold 5s 1946 JAD 7% g notes July 15 '23.JAJ15 95% 79% L§4" 86 1st A ref 5s 1940 I A RR JAJ 95% 1922. Sibley Mfg Co 1st 5s 1922..JAJ Sinclair Cons Oil Corp— j JAJ y©i Fuel A Iron e f 5s 1943. FAA Colorado Industrial— 1921.. "52" 74 MAN : Clearfield Bit Coal 4s 1940. JAJ Dleve A Sandusky Brewing— Jan 1 "48" Gen'l 4s 1932.. .AAO Jefferson A Clearf C A I— 2d gold 58 1920 JAD 86 Indiana Co 1st s f 3s '50..JAJ Jones A Laugblin St 5s'39.MAN 7%% Knickerb Ice 1st 5s '41 opt.JAJ Chic Pneu Tool 5s Dec 31'21JAJ 1st 6s 1920-1923.. AAO Ohio Un Sta—See Steam RR bds Conv deb 7s 1930 55 40 81% 66 1st I f g 6s 1939 JAD Canadian Cons Rubber, Ltd Gold 6s 1946 opt 1011..AAO Canadian Cottons 5s 1940 JAJ2 Cent Foundry 6s 1931 FAA Guba Cane 84% FAA 6s St Joseph Stk Yds 4%s '30JAJ 98% St Lawrence Pulp A Lumber— 1st M 0s 1920-1933 FAA 90 Huebner-Toledo Brew 6sT30JAJ Huntington Land A Impt— Coll tr g gu 0s 1920-1927 JAD Illinois Steel—Deb 4%s'40.AAO 1st A ref s f 5s 1947 Ser A. JAJ Internat Salt g 5s'51 op AAO 80% Internat Silver 1st 6s r48..JAD JAJ 1st M t 5s 1929 opt MAI Crew Levlck Co 1st 6s 1931 FAA 80 "57" La Belle Iron Wks— ..MAN 100 Republic Ir A Steel 5s '40.AAO Reynolds (R J) Tobacco Co— St Clair Furnace 5s '20-'39 FAA International Merc Marine— '75" 1952 ...AAO 1st g 5s 1934 Sf 95 "82" 91 8% 6% serial notes 1921-29__JAJ BuffaloASusq Iron 5s 1932J AD Deb g 5s Jan '26 op '10..MAS lums(P)ACo 68'24op af'14AAO Cony 6% g '23 op aft '10.FAA Corn Prod Ref s f 5s '81 MAN loo"" JAJ Rocky Mtn Fuel 5s 1941..AAO Rogers-Brown Iron 5s '21-40JAJ 90% ; Stons Tobac coll tr 4s '51..FAA CcnsolCoal 4%s 1934opt.MAN lit A ref a f g 5s 1050.._JAD 100 100% 98 99% 100 85 Oomputing-Tabulatlng-Rec CoSink fund gold 6s 1641...JAJ 100 98% 98% International Paper— Con conv g s f 5s'35op'09 JAJ Iraden Copper Mines Co— B f g 6s 1931 FAA Brunswick-Balke-Collender Co 1st s f g 6» J'ne 1 '48 99% 99% 99% "82" Ingersoll-Rand—1st g 5s Dec 31 1933 opt Dec 31 1910 80 JAJ Inland Steel 1st 6s 1921-28. AAO b ExtAref 0s '42 op'16 serA.JAJ 100 96% Internat Agrlcul Corp— 65 IstAcoll tr s f g 5s 32op MAN 77 96 Chlcoutlml Pulp 6s '43 JAJ Cfciil Copper cony 7» 1923.MAN Cony 6s 1932 Ser A AAO 100 Rocn A Pitts CAI 5s 1940.MAN 1st a f g 4%s 1932 opt...FAA 72% mm 7% g notes July 15r22.JAJ15 F% g notes July 15 '23.JAJ13 Beth St 1st ex g 3s '26 gu.JAJ Beth St pur m 6i Aug '98.Q-F Cent Hud St'boat 3s Apr'33 AAO Central Leather 5s 1925..AAO Chic Jet coll tr ref g 4sl940 AAO Co 11 tr ref «s 1940 AAO 82 "95" 95 92 1st M coll tr 08 1941.._AAO Uanada Cem't 1st 6s'29 op AAO Canadian Car A Fdy Co, Ltd— lst gold 5s 1057 opt JAJ Powell Riv Co 6s '21-'27—JAJ Procter A Gamble Co— A Iron op.FAA 100 71% Cababa Coal Mln—See Tenn C, California Wine Association— Cony g5sSepl0'25 op s f MAS 84 98 70 7% gold notes 1921 MAS 7% gold notes 1922 MAS 7% gold notes 1923 MAS Producers Transp 5s 1921.JAJ 6.20% Provid't Loan Soc 4%s '21 MAS Remington Typewriter— 92 80 95 Co Fuel 1st M g 5s Nov 1930 MAN Hock Val Products 5s'61 op.JAJ / Hoster-Columbus Co 6s'40. AAO Hudson Nay g 6s 1938 98 MillsAD— JAJ 5s 1960. AAO lst a f g 5s 1947 opt MAN PittsA WeetmC5s'23op.MAN Pleasant Vail Coal 5s 1928.JAJ Pocahontas Consol'd Collierles- 1st M 6s 1921-1926 J'ne '21.Q-M conv g notes 70 97 95* 100% jHavana Tobacco—5s 1922 JAD / "55" 96 jHecker-Jones-Jewell 6s '22 MAS 76% Hoboken Land A Impt Co— 97 Col tr g 5s Jan 1 1959 JAJ Atlas Port Cement 1st 6s'25MAS ©aldwln Locomotive Works— guar 94% r A»k. 1st ref g 5s Nov 1 1936..MAN1 Pittsburgh-Westmoreland Coal- 82% 96* 65 90 A Coke—See Great Atlantic A Pacific Tea— 76% 99% Atlantic Fruit A S. S.— deb 6s, Jan 1943 JAJ Ail Gulf A W Indies SS Lines— gold 82 FAA '21-'24._FAA 66.75% 95 1st s f g 6s 1941 opt 1st • f Pittsb Term Warehouse A Trans Brew Co—1st 4a 1951—MAS 2d Income 5s Sep 1951 .MAN / Granby Con Min Smelt A Pow— 1st cony 6s 1928 ser A_MAN 98 99% Associated Oil Co—5s 1922FAA lit A ref « f 6« 1931. 93 99% Gottlieb-Bauerschinldt-Straua 1st g 1939 op JAD Convgdeb6sJ'nel5'20JAD15 Convgdeb6sJ'nel5'21JAD15 Convgdeb 6s J'ne lfl'22 JAD 15 Conygdeb6sJ'nel5'23JAD15 Conygdeb6sJ'nel3'24JAD15 Bush Term 1st 4s 7s Bid. _ 4%s Astoria(NY)Veneer Bonds. 91% Harris Abbatoir 6s 1928..FAA Anglo-Amer Oil, Ltd—s f gold 7%s 1925 -AAO Armour A M 1st bonds Pittsb Brewlag 6s Feb 4 '49. JAJ Pitts Coal deb 5r July 1931MA8 GorhamMfgCo— Copper Mining— 6% gold bonds 1929 Ser A JAJ JAJ 45 defaulted 81 96% 7 % cony g note 1925 AAO GordonlronsidesAFares Co,Ltd, 100% and A 8k Port St Union Depot—See Steam RR Bo nda General Amer Tank Car Corp— Equip 7s (sa) 1920-1923. MAN 3 7%% 7% General Baking 1st 6s 1936 JAD 89 39% General Elec 3%s 1942 op.FAA 67 66% 94% 75 FA A MAS MAS MAS MAS MAS 8 f 7-6s Jan 1 1939- 102 92% MAN income 78% % Federal Sugar Refining— 6% notes 1924 98 Guaranty TruBt ctfs of dep. Anaconda Bid. and ' 117 DIt ctfs 1921 Ser E 77 76 116 4b g Aug 1 1931 Bonds, 95 Deb 4b 1923 FA A Aner Tobacco 6s g 1944..-AAO DIt ctfs 1921 Ser B DIt ctfs 1921 Ser C Div ctfs 1921 Ser D where marked "f rTafrraonl Coal 3s 1931...._JAJ AAO Amer Spirits Mfg g 61 1920MAS Amer SSofWVafiB 1920 MAN Airier Steel Foundries— DIt ctfs 1921 Ser A Interest" except Ask. Bid. Bonds. "and prices are 500 m m mmm ¥,666 ¥,700 "'060 V.655 Stocks. Ask. Bid. Par Stocks. Par. Bid. TEXTILE MFG. Troy Cot'n & Wool'n Mfg (F R) —500 STOCKS. Per share Par. North. Mills. Acadia M 120 yllO 172 AcushnetMlll (NB) a Am Linen (Fall R) o b merlcan Mfg 100 Preferred 100 Amoskeag Mfg (vol¬ (t) Preferred (t) Androscog M(Me)o AppletonCo(M ass) a Arkwrlght M(FR)o ArllngtonM (M ass) a untary assn). 153" 145 80 85 Utlca Steam & MohVal CotM.a 83 84 Wampanoag Mills (F R) 100 75 78 Wamsutta M(NB)o 165 160 r TJnionCotMf (FR) .0 Utlca Knitting .100 Preferred 100 Weetamoe M(FR)a k 395)4 Whitman M (NB) a York Mfg (Me)--a 280 290 Southern Mills. AbbevllIeCM (SC)a loo" Amer 160 100 Berkshire Cot Mfg, Adams, Mass.-a Bigel-HartfCarp't 200 215 Spinning Co. AndersonCM(SC) a Arkwrlght M (SC)a a 100 BoottMllls(Mass) a Border CMfe(FR)o Boston Mfg (Mass) a 104 106 Atl & Gulf C (Ga).a M 200 Chesnee BourneMills(FR) a Bristol Mfg (N B) o Butler Mill (NB).a Preferred. 100 Cbace Mills (F R) a Charlton Mills.100 Chicopee Mfg (pf)o City MfgC'rp (N B) a ContinfM (Me).o Cornell Mills(FR) a Dartmouth Mfg 200 Clifton Mfg (SC)_a Clinton CotM (8C)o 190 200 250 235 260 « 225" 154 ----- 325 340 82)4 86 250 215 135 90 96 255 (Me).a k GosnoldM (NB)„a Preferred Granite Mills(FR)a Gt Falls Mfg(NH)o Grinnell Mfg(NB)o 127 HamiltMfg (Mass) a Hamilt W (Mass) a Hargraves M(FR) a Harmony Mills pf a Hill Mfg Co (MeJ.o Holmes Mfg (N B;a 180 180" Lo wellBleach (M).a 121 (Bait) Narragansett (F R) 76 Mills 100 40 260 M.100 125 Osborn Mllls(FR).o Pac Mills (Mas8).o Page Mfg (N B)__oi Parker Mills (FR) .a Pepperell Mfg (Me) a Pierce Mfg(NB)-a Pocasset Mfg(FR)o Ponemah M(Prov)a 158 164" 100 (F R) com.._100 Preferred 100 .ShoveMills (FR) 100 Skenandoah Cot Co (Utlca) 100 Soule Mill (N B)_o Stafford M (F It).a Stevens Mfg(FR)_a Taber Mill (N B)_a TecumsehM (F R)o Thorndike (Mass) Tremont & Suffolk M (Mass) a 50 286 Woodslde Cot M_o 395 Canadia Can Convert, Ltd.o Can Cottons, Ltd.a 68 Preferred prices 68)4 95 "79 a Preferred n 129' 128 101)4 80 _ Fire "65" 121)4 123)4 Per 200 185 25 share. _ 50 50 55 n Per Providence. Per 114 520 StPaul F <fc M-.100 Per Home & Fire (335 Ma¬ 41 rine Vulcan Fire Ins Per Corcoran- 70 National Union.-5 118 share. 100 "23" Per / Ahmeek Alaska Gold M—10 122 Alaska Juneau 83 86 105 115 Allouez share. Anaconda Arnold Per (Fire)---100 470 Automobile Ins 100 260 Fire.-100 share. Batopilas Min_.20 Bingnam Mines. 10 Bonanza DevCo 280 2M 8)4 22U V 2M 8M [455 470 Canada 490 505 75 85 12 45 16)4 32)4 5 14)4 465 Con Mln <fcSmel 100 550 560 8115 Cop Range Con 100 Cresson Con G—1 x d 110 100 425 Indianapolis— Sterling Tire 10 Per T3 share. Crown Reserve—1 2-10c. c Per n cent. 125 120 Par value J7 00. Nominal, 23.C r 4)4 2Kc. 9K 1 Dante b Assessment paid, 26 40 1.62)4 9M Daly-West—— 20 00 280 50 1-16 1 r 100 Davis-Daly Cop. 10 r 36 De Beers Con M__ Canadian price. a55 ! 62 75 85 s Sale Boston 40 -j a ! a Wharf Co J a BldgTr(B) I a i ! I t i 850 a 1 a 50 a 30 a Prefrred 25 a Devonsh 45)4 East Bos Land (B). 16)4! East St R E Tr(B) I 32M Ensley Land Co—I Essex St Tr (Bos).l • 25 a a 5 a 80 a 14M Factory Big Tr(B)i a3000 " Fifty Assoc (Bos) "40 M Haymarket Tr (B)i a 1.75 HotlTr,T'raine(B) I a 4-lOc. Huntington Cham Tr 27c. (Boston)—J a a 20 4M Kimball Big Tr(B)l — 3)4c. Lovejoy'sWhTr(B)! MerchRETr(Bos) h 10 36)4 Muuicip'l RETr(B)/ a a a Par value *500. a Par value* 1,000. price, t New stock,. * Ex-dividend. d Price per share, not per cent. 1M 75c. -55" a Fire.-100 Consol Interstate— Callahan 10 18)4 1 Barristers' Hall Tr Big Tr(B)/ Preferreed 1)4 Dwelling House Assoc (Boston) .h 13 (Fire). 100 Gen Albany Tr (Bost)J Realty. .1 a Phoenix Chino Copper k8 Per share. Delta Bldg Tr (B)J 23 62 Rights REAL ESTATETR & LAND STOCKS 10 9M ButteCop & Z vtc.5 Butte & Sup....10 570 3 50c. 5 58)4 City Assoc (Bos)--e 11 City RET (C)-h Congress St Associ¬ ates (Boston) ..I "vA 333 Travelers' 25 0 58 Conn 25 a 331 475 Wolverine Wyandot a Calumet & Hecla 25 Per share. 75c. a Calumet & Ariz. 10 540 30c. 55c. Business RETr(B) I 335 100 20c. 15)4 Cent BldgTr (B)J 585 Insurance 1 25 884 580 Cas'ty & Sui 7M 71)4 25 Copper Co. 10 93 1320 Aetna Life 31 6)4 70)4 2)4 a Ins... 100 Aetna 1)4 lVs 1M ll)4e. - 10 Copper 5 Centennial 25 Cerro de PasCo(t) Chili Copper 25 2 lie. 49 Mi Chic R E Trustees h 10K 10M 30 IK Bd of Tr Big Tr(C)l BosGr'd R, tTr(C)/ 2K Bost RET (Bos) 35c. BosStorW'h'se(B) I I lisp & National 50 25 15 58 4)4 5M 1M 1M 1M 1)4 48 ... 2 10 UnitedGoldMines 1 Un Verde Ext—50c Utah Cons 5 Bromf 25 10 5)4 a 33 6c. 14)4 1)4 4 a 31 Cop. .50 Arizona Com'cial_5 MichlganF&M 50 Hartford. 25 5c. 16 1M 9)4 61M Berkeley HotlTr(B)i 2)4 1754 •• 14 95c AmGoldM (StL) 10 Amer Zinc Lead & Detroit F & M-.50 — 65 25c. 25 m (Boston) I Bedford Tr (Bost).i 3c 1M 25 — share. 80c. Smelting __—25 Preferred 25 Per 97 62 25 Algomah Bonding 92 2c. Gold Mining—10 Mass F & M 98 Per 1 500 100 100 94 m "5 c". Alliance 19 117 95 29 15M 10 Gold 55 28 . m Joseph Lead. 10 SantaFe(GACop) 10 San Toy 1 Seneca Cop Corp (t) Yukon 65c. 53 17)4 Ray Cons Cop..10 Ross M A M 1 Vindicator cent. 17 60c. 1 Victoria 9c. 39c. 16 St Utah 7)4 44 8c. Cop 1 Pit & MtShastaCop Winona MINING STOCKS 475 7 40 Superior <k Bost.10 Superior 25 Tennessee Copper share. <fc Chem temp.(t) Tonopah Belmont 1 46 Tonopah (Nev).-1 17M Tonopah Ext Min 1 share. 28 25 South Lake 1 30c. 15c. Ontario Sil Min 100 Shannon 9)4 27 550 5)4 Cripple C'k Cons 1 260 share. 7)4 -.50 Acacia share. 19 50c. Trinity Washington. Arlington 10 38 Per 9M 18M Butte North Lake Shattuek Ariz Cop 10 Per Minn. Paul, share. 144 Prov Wash'ton_-50 Adventure Cons. 25 S 15 25 North Pond Creek Coal.10 Atlantic Mutual— cent. 85 Qulncy 25 Rand Mines, Ltd_. 50 U ni ted American St 83 Portland ,._50 MARINE INSUR. ANCE SCRIP. Boston. 150 k1465" 75 7 27 _._100 Pltts-Jer 50 n 17 6 Co. 100 Osceola 90 13)4 River Ohio Copper 10 Dominion..25 .BenFranklin50,n 63 13)4 16 K Preferred Old o 10 Title "80X\ 50 22 Per Fire iLast sale m First installment paid, Ex-stock dividend (f) Without par vaJne. *50. s 50 6)4 62 28 Nipissing Mines. .5 50 225 STOCKS. Baltiinore-Ajner share, 21 5)4 New Cornelia Cop.5 11 126)4 New Idria Quicks.5 New Per 20 a Liberty Par value$100. a Fireman's INSURANCE 200 186" k 50 German'Amer. -100 200 175 182' UnitedFiremen's .10 Victory a Hartf Steam Boll 150 Nevada Cons Cod 5 Firemen's Fund 100 Canadian Mills. Life 142 Mohawk San Prancisco. Louisville. z 75 100 o Standard Fire-- 180" 10 61 7 20M 25 8 Virginia F AM—25 95 25 k Richmond. o Val 50 Western Fire a 2)4 3)4 98)4 M ayflowerOldCol 25 Miami Copper...5 20 Michigan 25 Union Fire a 5c. 1M 3H 66 M Mass Cons .10 3 4c. Mines5 29 Life 3)4 2)4 k 8 4 45c. Copper. 25 Mary McKlnney.l Mason 25 "28M 35c. La Salle s Teutonia 106 Hartford 150 20 79)4 31 1 k 330 140 275 Detroit. Shawmut Cot Mills share, 29)4 ■| Cop.25 Alliance of Phila.10 600" Brooklyn— See N 110 v Per Pittsb (Nash) Aetna 105 3M 3)4 350 145 Sharp Mfg(N B)__a 5 National Union. 100 Whitney Mfg(SC) Mass 160 Lake Lake Copper 25 LaRose Cons M..5 170 100 162)4 Colum Nat Life. 100 Conveyancers' 425 Kerr 39 36 Nat 103 Boston 230 50 40 10 d 580" 90 2115 "27M 400 187 loo" a Cop.(t) German Fire.--.50 250 160 485" Kennecott Globe Fire 135 175 214 440 75 20 d 48 78 1 50 new 4c. 3)4c. 47)4 100 412 130 1 Preferred 53 X 53 20 Isle Royale Jack Pot City Fire.. 400 185 165" 150 Island Cr'k Coal-.l 60 450 800" CommercelnsCo 25 180 Isabella Superior Fire 130 275 113 185" Humboldt Fire—50i 165 52 Cons "50" BirmlnghamFire .50 130 k 175"" 102 375 a Central PotomskaM(NB) o Rich Borden Mfg Co (F R) 100 Sagamore Mf (F R)——100 Salmon Falls Mfg Co (N H) 100 Seaconnet M (FR) a a 430" Albkny. Par. Albany InsCo__ 50 k 220 19280 Inspiration Copper Pittsburgh. Baltimore. H)—100 Preferred 50 530 45 Allemanla 250 Mfg (SC).a H Penmans, Ltd 88)4 NonqulttSp(N B).o Preferred §16" 8 5.80 M—1 40 Reliance a Preferred.. 60 Naumkeag (Mass) Steam Cot Co-.o Newmarket Mfg (N 296 370" 5 Homestake Min 100 Horn Silver 510 Philadelphia. 500 7c. Cons. .25 Hancock 25 d States Westchester 40c. 30K Louis) Granite 25 River. Stuyvesant 10 Greene-Cananea 100 95 50 dy 125 220 175 d 100 Pacific Fire United Domln Text, Ltd.o Preferred a 124 t rlOO NashuaM (Nil)-.o a Co North Mill* v Nashawena 155" 195 t r—10L v Preferred 190" 185 190 Preferred. .-.100 Middlesex Co(M) » Mt V-Wood 110 9c. 37 Hollinger Mines.-5 267" 100 Liberty 50 251 230 Montreal Cottons.a (Mass) Niagara Woodruff M 158M 150 400 100 Northern -. Preferred 210 k 230" National 500 (S C) 1st pref—_ Victor-Monag Co.a Webb Mfg 140 Merch Mfg(FR)o Merrimack Mfg 345" 200 a Preferred 250 165" Mass Cot Mills-.-o Mechanics'M (FR)o Home Mercantile MfgCo(SC)a Warren 230 115 250~ (SlC)a ' Preferred 90 Manomet M (NB)a 225 Union-Buffalo M 260 200 Hanover 255 Sibley Mfg (Ga)..o Spartan Mills(SC) a Tucapaun M (S C)a 60 dx gok 10 100 Granite-Bi- Metalic 85 Phila Saxon Mills 120" 257 50 d People's Nat Fire— a 158 1000 Great American 100 350 o 97 lio" Luther Mfg (FR).a Lyman Mills (M)_a 266" 575 Klng,JP,Mfg(Ga)a Poe,FW,Mfg(SC) Roanoke M (N C) 285 Lincoln Mfg (FR).o Lockwood Co(Me)a 160" 550 Fidellty-Phenix 100 GlobeA Rutgers 100 « 165" PhillipsButtorffM 150 Laurel Lake (FR).o Lawrence Mfg (M) o 232" 375" 75 k 110 (SC) 2)4 90c. <fc P (St 325" 70 25 d Continental 290 Lumbermen's Pelzer 115 x 300 InsCoState ofPalOO NewberryCM (SC)o 187)4 a 100 20,5 200 Piedmont Mfg 160 BJ.a KlngPhillpM (Fit) a Lancas'rM (Mass) a 275 100 Commonwealth 100 share. 300 Orr CotM (SC)-.o Pacolet Mfg (SC)o 92 Kilburn M (N Amer-Alliance .100 City of NY Per 450 195J4 90c. 25 Cycle Goldfield Consol Mines share. 350 250 132 Per York. 250 Mills Mfg Co(SQ .a Monarch CM(SC)o 165" Per share. 210 50 420 212" Mayo Mills (NCJ.o 200 100 lie. 10 36)4 Golden New Orleans- Cj.a FarrAlpaca (Mass) a Flint Mills (F R).o 2Mc. Cop ($3 75 pd)_5 Franklin 37 25 Greenw'd CM (SC)o Grendel Mills(SC)a Henrietta M (NC)o Marlboro CM Gold Grahby Cons M S Mfg(SC)a LancasterCM (SC) o G Preferred _o *1442)4 Laurens CM(SC C).a 130 Louise Mills (NC 95 210 Ins Fire Association.50 Ins Co of N A 10 140 Cons Paso Federal M<fcSm-100 Preferred 100 Per Lafayette 225 .a — El ; 232)4 Enterprise Mf (Ga) a Expos'n C M (Ga) a Gaffney Mfg (SC) a Granitev Draper Corp—100 DwightMfg (Mass) e Edwards Mfg(Me)a EsmondM(RI),pf o Everett M (Mass) a Fairh Mills com 100 Preferred 200 - Elk ton 450 Haven. Security 126 «. — Mills (Ga). k 100 Inter Cot M J 18)4 First National New 200. 120 East 13M 5 Butte Per 220 Prudential Life..50 185 Darl'g'n Mfg(SC).a Eagle & Phenlx 275 Corp (N B)-100 Preferred .50 Newark Fire. Courtenay Mf (SC) a Dallas Mfg (Ala).a 215 115 Davis Mills (FRU Davol Mills (FR).a Franklin Co 5 Firemen's 97 c Preferred American 100 Augusta Fac (Ga).a 112 j4 Belton Mills (SC).o Bibb Mfg Co (Ga) a 160 CabarrusCM (NC) a 105 95 Preferred Preferred 112 95 New Preferred (Mass), 105 215 Barnard Mfg(FR) o Bates Mfg (Me)..a Beacon Mfg (NB) a Bos Duck Newark. 275 2)4c. 10 10 1 5 Dome Mines 108" 105 Per Jackpot-1 Doctor 100 800 k 225 300 share. 175 Bid. Minneapolis. Nor'westFA M „ Par. Stocks. Stocks. Ask. Per [Vol. 110 securities industrial and miscellaneous 46 h Par value y Ex-rights. JUNE, 1920.] Stocks. INDUSTRIAL AND MISCELLANEOUS SECURITIES Bid. Par. Ask. Stocks. Par. Bid. Stocks. Ask. Par Bid. Ask. Stocks. Par. >- Old South Big As J Oliver Bid Tr (B) .1 55 Per share. Am Pneu 85 Paddock Bid Tr(B)i Pem'tonBldTr (B)J First 70 Post Of Sq Tr (B).f R E Assoc (Bos)__1 40 Preferred 450" Am 83" Amer 95 Ship A Com¬ (no par) Amer 315 — Smelt 60 100 40 I 115 WinthropBldTr(B)! 50 _ Per 73 77 242 250 Chicago T A Tr.100 196 205 CitySD(AlbNY)100 150 160 88 Preferred —.100 85 Am Thread pref..5 d 334 Am Tobacco... 100 226 Preferred ...100 87 Am Tob Sec ...(f) d Title Columbia (Washington) ..5 Fidelity AD (Md)50 IstMg Gu N Y.100 Kentucky Title Co 4 34 Am 5 Type Foun.100 Preferred 124 128 100 100 103 Lawyers' M Co. 100 118 125 First Louisvlllle Title. 100 120 125 Partic Maryland CasCo25 Mortgage Bond. 100 Nat Surety Co. 100 92 192 198 Am Wind Glass TitleAMtg-100 127 134 RE Tins (Wash) 100 Tit InsAGu(SanFr) 80 90 Preferred 100 Am Wind Glass Mach —.100 Preferred 100 AmVitrified Prod 50 d Preferred 100 n ~97" 137 USTGuAIndem "82" Preferred 100 Am Wool( Mass) 100 Preferred 100 Am Wringer.. 100 170 Am 100, 75 Preferred Mtg Guar. 100 150 Com Assets 33 36 .100 64 66 Piano A Plan. 100 20 30 Preferred 80 90 Explosives (no paT) d Preferred 100 Rubber...50 Ajax d Co. .100 Alabama 9% 52 57 93 9734 734 95 Cin Un Stk Yds.100 27 City 80 95 68 Preferred 100 Cleveland Stone 100 Atlan LobosOil.(t) d 34 Preferred 50 d 100 Atlantic Refln.100 1200 38 Cluett, PeabodylOO 115 45 Babcock A Wil.100 107 112 92 Baldw Loc Wks 100 UAH 11434 ...100 Fdry 100 100 Chicle Preferred 100 100 Cigar Preferred 65 70 100 128 131 100 78 84 45 Cyanamid.100 25 Preferred ...100 52 Amer Drug Synd 10 d 11% Am Express... 100 12334 AmFruitProd pflOO American Glue. 100 Preferred ...100 Am HideALeathlOO A B 70 95 d IIIII 100 102 208 100 98 Mot(t) d 101 Preferred 90 95 8% conv pref.100 105 Billings A Spen—25 d "30"" Bliss (E W) Co..50 d 390 109 100 d 50 d Fisheries, (t) d 1st pref..... 100 Borden Co 100 x 96 94 Borne, Scrymser 100 Bost Belting pf.100 450 Preferred Brill (J 65 91 Am Locomotive 100 Preferred ...100 Am Mch A Fdy 100 Am Malt A Grain (t) d Amer Piano... 100 100 Purchaser also $100, n 34 d 100 140 37 45 85 90 7934 83 Burns Bros 100 Preferred 100 a 834 96 89 Preferred 100 uba CaneSugar(t) 90 97 49,. 7934 4934 Preferred 100 Price t Without par d Price per cent value per 1 of par 98 98 48 80 100 300 355"" 395 415 113 115 105 59 62 9334 .(t) Long A Eye 'e Hart, A 120 ..... Marx.. 100 83 80 100 56 _askABarkCar.(t) 128 135 Havana Tob.-.100 Preferred 100 d 106 110 6834 1 6834 124 6 10 Hawaiian Com 252 "53" A Sugar 25 d Helme (GW) Co 100 Preferred 100 3734 93 97 d 158 165 Sendee Mfg... 100 100 160 95 36 94 98 Hercules Powder 100 214 Preferred 100 97 30 85 325 350 Heywood Bros A 98 101 r e Par value $500. Canadian price. 1 Wakefield Co 100 9734 Preferred A Par value $1,000. Sale price, t New 97 100 Herr-H-MarSafelOO 15 168 34 Preferred Hook 70 115 70 155" 75 105 13 8 80 Schaffner Preferred 80 n 100 Corp. 100 103 47 Corp Preferred Hartman 115 68~~ r 93 Guantanamo Sug50 d 103 100 5531 n 113 11234 value, 100 834 89 86 Bush Terminal. 100 Butterick Co.. .100 Preferred uban-Am Sug_. 10 Preferred 100 102 « 90 135 97 98 2434 117 1st pref tr ctf.100 87 Preferred 105 9334 97J4 Buckeye Pipe L.50 97 SonsShAEBld 100 Vot trust ctfs 97 2334 115 ..... Gulf States Steel 100 56 ]4 54,34 101 100 « 94 pays accrued int. Ex-righti 100 Brunswick Term A Ry Sec 100 85 130 Nominal, r Brunswick-BalkeCollender pf.100 75 110 ~84% (Wm) A 90 British Col Fish 100 Preferred 134 15M Machinery ..100 6 34 3% 3434 100 15 Amer Linseed—100 Preferred 10C : 5 rucible Steel.. 100 15 Preferred ramp 104 49 1434 Brown Shoe Great LakesTowlOO Preferred 100 Gt. Nor. Paper. 100 Great West bug. 100 9334 150 6 Brit-Amer Tob £1 d Ordin bearer..£1 d 90 150 orn 100 12534 20 84% 80 ontinental Oil. 100 Gt AA P Tea pf 100 18 ..... 10 83M Laundry 96 102 96 d Gray A Dudley. 100 100 9334 98 Preferred 100 Harbison-Walker Refractories .l»u 30 Packing... 100 Gray A Davis...25 35 63 "25"" A 375 32 25 d 11H 365 53 Bristol Brass 10% 91 com. 100 30 60 Intern Corp Full paid 100 France Fire Eng Inc.. 10 d Preferred ...100 Rubber 10% (f) 6524 90 40 58 Am-La 102 65 475 ...100 Amer ..... 3 45 k 210 100 HallSwitchASlg 100 44 100 ..... 150 100 Preferred 70 60 100 99 103 "45 100 895 Preferred 100 Grasselli Chem. 100 Preferred 100 6 90 134 84 180 174 100 78 73^4 130 105 G) 27 34 75 82 com. 245 73^ 81 Goodrich (B F)_100 Preferred—..100 ■ 1934 Brier Hill Steel. 100 s 100 Prod Refg.100 Preferred 100 83 147 14534 ontinental Can 100 Preferred 100 Preferred New stock 92 63 100 17 Preferred 95 62 93 Preferred 35 93 92 Gorton- Pew Fish .50 d 80 65 70 115 Preferred 100 Gorham Mfg pf 100 415 63 68 100 63 9 834 93 94 Preferred 90 80 100 _... Globe-Wernicke 50 87 79 osden A Co 100 Preferred 4934 12 24 49 "92~" Temp ctfs (nopar) a Preferred 100 Deb 6% stk. .100 Preferred 100 Gen Ry Signal .100 95 12 155 100 32 98 90 Cig com. 100 Preferred 100 Deb Pref 100 General ElectriclOO Gen Motors 100 Deb 7% stk—100 Gen Petrol 100 55 90 30 Gen Preferred 2124 105 Goodyear Tire A d 88 70 Booth 131 130 Preferred. Preferred d 50 d 2134 Cont Candy (f) Continental Mot. 10 2024 9034 • Preferred 100 Gen Chemical. .100 52 115"" 93 Co. 100 onsumers 10534 100 9034 12 78 247 79 38 126 Class B com.. 100 139 100 "43" 41 125 Beth'hem Steel. 100 57 20 preferred. 100 Gen Asph.com. 100 Preferred 100 Gen Baking 100 6734 Preferred - 1st 8034 New stock (t) omput-Tabulat A Recording Co 100 Pref (old) ...100 Pref (new)... 100 — 10024 50 3034 mm a Gaston Williams A Wigmore (t) d Patent Fire Arms M..25 d ol Graph Mfg. Preferred 100 Preferred ..... Preferred Galena-SIg Oil. 34 23 89 135 Colt's 89 32 104 10134 3034 a 100 50 100 Gair(Robt)Copf 100 100 20 89 90 pref 100 2d pref 115" .100 Foundation Co ( d 105 d 21 Freeport Tex Co(,,« 7634 255 50 55 5 70 1st 6634 100 Bethlehem 126 245 83 95 Co v Class Class d 115 34 Fuel A Ir.l Preferred 99 88 120 \8o% 93 100 Hosiery. .25 Preferred Corp..25 Preferred 135" 125 100 100 Beatrice Cream 234 u Hardware-100 Preferred 97 ..... 80 AmCreditlndemlOO Preferred Preferred ~*~o% 100 )lo 23 ..... 100 d Barrett Co 25 40 25 88 19 Leath'r..(f) d Barnsdall 110 97 Collins Co 85 (f ) 33 Bar A Smith CarlOO 92 39 % 24 82 ■ 100 Preferred 13634 Am Cotton Oil. 100 Preferred Barnet 88 135 55 Preferred . 10 ...100 Baltimore Tube 100 . 83 d 50 d Preferred 91 11934 90 Corp..50 Preferred 106 }4 Am Coal of N J. 25 d Preferred Autosales . 74 84 100 Body 86 95 245"' 7334 Preferred 85 80 61 111 2234 100 * 98 105 70 n 102 20 d 11424 GenAmTankCar(f) d 75 100 98 100 bO 24234 d 170" 81 100 Preferred 1350 162 x 100 Preferred 39H 15 Powder.. 100 Preferred Austin,NichACo (t) 115 9134 100 165 89 105 Preferred Clev Cliffs Iron. 100 96 45 99 65 90 111 "89"" 110 80 8834 105" 113 Investing. 100 30 75 "38" 131 . 20 Preferred 100 Federal SugRefg 100 - .. 102 83 "56"" 104 . 2034 40 Far A 100 . 1924 33 240 ~lsk Rubbercom. 25 d 25 . Sugar. .100 133" 93 10324 d 230 97 170 oe «/ 132 87 160 OOJ-fc 215 Childs Co .....100 Preferred 100 Cin Tob Wareh. 100 88 112 290 48 8434 88 11134 Ship Tob Warehouse —100 1st preferred. 100 2d preferred .100 Fay A Egan com 100 101 100 23 Famous-Play ers- 6634 YdstpdlOO 106 15 Manuf act'ng .100 Preferred 100 Un St 78 86 640 "25"" Preferred Fisher 63 100 100 100 Lasky Corp ._(t) d Preferred 100 hie Pneu Tool. 100 _hic Ry Equip. 100 40 Am aividend. 60 50 d Caramel. .100 Preferred 100 3 52 ham Preferred 95 Preferred 109 195 Eureka Pipe L.100 Fairbanks Co...25 d Preferred 100 126 ..... 40 Preferred r» 33 38 Am Par value 3124 Note.50 d 39 . 2334 9534 434 87 Can. 100 * 2234 9534 85 Preferred Amer 41 95 155"" • 100 164 ...100 Preferred 80 207 Ice 40 86% 100 96 165 ClevASandBrewlOO Ind S3 Lines. 100 200 Am 8 d 50 d Preferred 100 Endicott-J ohnson Common Preferred 100 .100 Preferred Corp.50 Empire St A Ir. 100 28 50 80 6 634 Preferred American Brass 100 Amer 9834 8. S_. 70 220 Am 9734 86 Preferred 21 ..... Atlas 34 8734 76 250 83 50 , 80 ..100 1st preferred. 100 r hampion Coated Paper .100 89 96 6 Holding... 100 85 Am Bosch Magn(t) d 11834 Am BrakeSbAF 100 85 Preferred 100 20414 Am 115 95 92 „ 103 ert'n-teedProd (f) 1st pref 100 2d pref 100 310 80 48 72 2d preferred .100 Emerson-BrantIng¬ 80 Leather.. 100 Preferred 100 100 300 Goods 88 92 6424 Ely Walker Dry 160 ent 36% American Book. 100 Am 95 36 Sugar. 100 Am Car A 87 23 Preferred American Sugar Cos(new). 18 ...100 87 6434 r 100 Preferred 82 90 r 89 Eastm Kod N J 100 530 Preferred 100 104 Edm's A Jones Cor d 20 Preferred 100 83 Elec Bd A Sh pf 100 83 Elec Stor Batt—100 Elk H Coal 150 78 8534 r 100 ElginNat Watch u 63"" r 25 d 100 1st pref Fajado entral C A C—100 65 34 7534 "98 r Co... 100 8 160 Am Agri Chem.100 Preferred 100 Am Beet 334 Atl Gulf A W 82 "83"" 49 Aguirre 45 60 100 elluloid entral 6 140 Com Pref Bank Atl 100 40 4 Oil. 100 Ati Fruit A "55" Allied Packers-.(t) d Alli8 Chalmers Mfg Am d 9*4 Atlantic Fruit. .100 "69"" 67 1st pref 100 pref 100 Albany Com. .100 Albany (N Y) Safe Dep A Storage 100 100 Hardware ....10 d Preferred 100 75 79 2nd 92"" Associat'd Simmons Aetna „ Lockwood A Brainard Co. 100 ... . Eastern Steel ..100 110 Realiza. 100 Associated New stk Preferred ase . 7334 8234 100 Locomotive 100 Preferred 100 asein Co of Am 100 ..... Dry G'ds.lOO 1st pref 100 2nd pref 100 Aeolian-Weber— Explos.100 Preferred 90 . Eagle Lock 91 an 45 . Assoc 34 100 anad'n 85 112 65 93 215 100 40 s . - _ r6234 100 com. share. r87 Debent stk.. 100 •urham Hosiery.50 d Preferred 100 Con Rub.. 100 Preferred 5734 100 Anglo-Amer Oil_£l Armour A Co pf 100 share. 3034 100 — Pref Per an 100 5734 234 Writing PaplOO Preferred INDUSTRIAL & MISCELLANEOU S Adams Express. 100 Ad vance-Rumely— Preferred Preferred "68" Westch A Bronx Tit r r 89 1434 Corp, pref... 100 TitleGuTr(StL)100 U S Casualty-.100 150" USFidelAGu(M) 50 d 118 160 Lines.. 100 r Amer Wholesale 72 SS 190 100 229 80 pref... 100 pref.. 100 r r ase(J I) Thresh Mach pref...100 Am W WAElec 100 r6434 r 100 Preferred 87 Am Sumat Tob. 100 share. 50 Surety ICO ico 100 4434 Canton Co 100 "75" 12734 Carbon Steel 1st pref 110 100 98 2d pref 100 71 8924 Carib Syndicate. 25 d 91 20 25 3% Carriage Fact. .100 10934 Bond A M GuarlOO d"38"~ Canad ianCarAF100 3934 86 * 100 Preferred 87 39 American Stores (f) d 44 Am Sugar Refg.100 127 Preferred 100 SAFE Preferred 110 7834 Am St F'dries 331-3 d Pref erred. ...100 GUARAN¬ & DEPOSIT STOCKS A % 8934 68 CanFdysAForg 100 7734 6024 9034 60 Associ¬ (Cambr). I 50 2134 75 ~80" . Cambria Steel Canada Cement 100 Sec Astpd-100 Am SmeltARefglOO 66% N A Co 50 Can 20% 30 100 Iron 78 Pf Ser 400 Cambria 78 d 29 Dom IAS pref. 100 DomStCorpcom 100 duPont (E I) de Can A Dock. 100 97 100 Corp. 100 Preferred 97 "95"" 117 Calumet A Chic 160 ...100 merce... 70 Petrl'm 15 14% Shipbldg_.100 Preferred 60 Trust certfs I Trem't Bid Tr (B) I Trimtn Tr (Bos) I University 100 150 35 I Western R E Tr 100 99 100 aliforaia 51 99 Am Seed Mach. 100 Texas Pacific Land NY "5034 "75" Summer St Tr (B)J Term Hotel Tr(B).l "78"" 110 d State St Ex (Bos).I Suffolk R E Tr(B)A Amer 75 7% deb pref 112 3outh Term Tr (B)l TEE 25 d 100 Preferred 106 Som'set H Tt (B) J South St Tr (Bos) J TITLE Radiator Preferred 6 Ask. Per 17% Dom Coal pref. 100 7034 Dominion Glass 100 126 Preferred 100 70 Preferred Bid. share. ..... 30 d Am Rolling Mill 25 d 60 Realty Associates of Brooklyn —I ates 134 d Am 15" Pray Bids Tr (Bos) I Preferred Serv—50 d pref... Preferred 35 Per 47 stock 1 Par « 100 220 100 240 255 93 98 v ilue $10. k Last sale. Ex-stock dividend. * Ex- INDUSTRIAL AND MISCELLANEOUS 48 Stocks. Ask. Bid. Par. Per k Holly Sug Co.--(t) d Preferred 100 "52" HolyokeWatPo.100 375 100 72 73 Manhattan Elec 30 49 95 25 Preferred 7% 100 100 45 Maple Leaf Mill 100 75 77 Marlin-Rockwell 160 5 22 87 90 Indian Ref com 100 180 210 100 95 102 1st 7% 195 pref 2d 100 pref 100 20 22 Preferred.... 100 89 81 84 Merg Linotype. 100 Truck..(t) pref 100 2d pref 100 Int Mot Mich LimestACh25 21 25 d New 146 32% 95 "23"" Nash WarehAEllOO 20 Nat Acme Co 34% JRMontgomery 100 Preferred A 95 71 74 Chemical comlOO 47 Preferred 100 84 86 Nat Biscuit 100 106 112 105 100 103 Preferred Nat 10 9% 100 Nat ConduitAC.(t) NatEnamAStpg 100 Nat Preferred Kayser(Jul)AColOO 1st preferred. 100 Kelly-Springfield Tire 65 69 90 100 100 115 8% preferred. 100 6% cum pref. 100 Keloey Wheel. .100 Preferred 100 Nat'l Transit Natomas Co of Cal 60 65 92 Preferred 100 95 102 80 85 145 160 n 101 (SH)A ColOO Preferred 40 80% 100 . ■ La Belle IrWks.100 100 124 Lackawanna St .100 70 Lake Sup Corp. 100 Lake Torn Boat. 10 Preferred 14 Land—1 d 105 N Y Air Brake. 100 100 N Y Dock Y N 11 15 98 101 203 206 Y Transit 1 99 100 d 100 165 175 200 103 99 102% N. A. Pulp A Pap.t North A Judd Lee Rub A Tire (t) Lehigh Coal A Navigation ...50 Lehigh Val Coal Sales Leh 79 Nova Sc St A C.100 28 30 59 60 50 d 86 89 Preferred Preferred 105 103" 108 Common B..100 Preferred 100 Lima 73 76 88 91 Locom... 100 Preferred 100 Lindsay Light... 10 Preferred Brothers Owens Bottie.. 10[<2 10 d 1st pref 100 2d pref 100 Lord A Taylor. 100 1st pref 100 2d pref 100 Lorillard (P) 100 8 _ 25 d 1st pref 100 2d pref 100 Pacific Develop 50 d Preferred .... "29% 29% 14%, 46% 96% 105% "10% 235 Pairpont 15% Pan Am A 50 d 125 Preferred 365 380 475 Oil of NJ100 690 710 26 Preferred 100 102% 103 Stand Oil of NY 100 393 398 98 Stand Oil (Ohio) 100 425 450 100 100 103 Preferred 45 60 Mfg com 100 60 65 Preferred 100 31 31% Standard Screw 100 345 355 A. 100 108 110 25 d 52 54 25 d 24% 77% 26 Preferred 203* "89"* Stanley Works Preferred Steel Co of Can. 100 .50 104%' 98% s k r Preferred 100 r 104% 9SM Steel A Tube pf. lOOj Stern Bros _.T100| pref.lOOj 96 ParishABingham _t\d "32"" PeckStowAWilc 25\d 43 46 70 80 PennCoalACoke 50 d 36 40 139 140 70 108 Speedom new (t) d 26% Stromberg-Calrs 25 d 'Stromberg Carb(f) d 45 StudebakerCorp 100, 40 95 Salt Mfg..50:d PennSeab'sSteel (t)\d Preferred —100 Stutz Motor Car(f) d Submarine Boat (t) d 92 ' Penn 24% Traffic..2% d ___II 33% Stetson (J B) —100 100 165 175 100 80 86 Penney (JC)pref 100 90 93 64 66 Pettib Mulliken 100 30 40 100 60 1st Fuel.25 d preferred. 100 42 97 60 260 4 | 325 31%! _10C 1st 96 2nd 47% 34 I 100 "55"" 53 65% 95% 108 107 60 60% 43 "94% 94% 106 107 345 355 75 74% 5 10 IOC- Preferred 100 Wheeling Mold A Fdy new com.. New preferred— Wheeling St A HOC White Motor 50 Willys-Overland 25 New pref—100 WilsonACo vtc.100 Preferred —100 Winchester, Co. 100 1st preferred. 100 2d preferred. 100 Woods Mfg—100 114 107 315% Worthington Pump 150 ! AMachvtc.lOO ! Pref A v 1100 I 1150 74 108 110 18% 22 50 33% 75 Pref B v t c._ 100 42 j Yale A Towne.100 77 I Young (J S) Co. 100 68% Preferred 100 76 68% ___ 8 97 I 460 I 13% Youngstown A Tube Preferred - 466"" 108% 33 "51% 5 45 108 49% 70 220"" 170 94 97 36 37 87 88 193 194 53 53% 18% 79% 18 78 64 63% 80 90 425 475 90 94 66 62 110 r 48 45 80 90 125 135 106 110 67 67% t C..100 40% 39 '12% 86 100 90 "68% 69% 275 285 120 130 95 87 Sheet 100 inn 360 ? 104% dividend. ^Assessment paid, d Price per share, not per cent, it Last sale. n Nominal r Canadian Ex-Stock dividend, t New stock, u Ex-cash and st >ck dividend. • 3x-dlvidend. y Ex-rlghta. t Without par value pays « 62 Penn-Mex —100 Stewart-Warner 72 Preferred s Preferred 64% U S Play Card.IOC U S Print A Lltho 77% Woodward Iron.100 97 Preferred 87 Woolw'th(FW)_100 98 Preferred 100 85 95 64% "85% 93 Preferred Sanitary Standard 35 Penn sSalepr'ce. Stand 540 54 Forbes price. 78 318 25 100 also 100 425 Mackay Cos.-.100 oPurchaser Preferred Stand Oil (Cal). 100 Stand Oil (Ind).lOO 85 MacAndrews A Preferred 80 125 90 87 B._50'd 10 ...100 Milling. 100 40 170 com 99% 25 100 Trans 27 .60 Corp. 100 Com class Preferred "64"" L.100 91 ... 4% Stand Oil (Kan) 100 85 132% Stand Oil (Ky).lOO Stand Oil (Neb) 100 101 Petrol 103 P 95 85 32% Va-Caro Chem.lOC 73%; 104 Preferred 100 105 I 3 Va Iron.C A C.IOC d 63 V Vivadou 18% 15 89 Vulcan Detiu—IOC 70 190 Preferred ...IOC 33 370 Walthain Watch 100 115 Preferred IOC 8 297 Warwick I A St.lC 350 300 Washburn Wire IOC 106 108 Preferred 100 27 69 Washington Oil. 10 29' Wash Market ..50 17% 51 100 WellsFargoACo 100 15 Welsb'chCo comlOO "106"" 90 WestingAirBr'ke 50 49 150 Weat'hse E1AML50 60 85 1st pref 50 322 Westmor'd Coal.50 200 705 W Va PulpAPaplOO 165 570 Weym-Brut Co.100 690 101 50 Pa Stand 103 25 S'west 6% 8,5 125 100 52% Spicer Mfg Co.-(f) t 1st 105 pref 100 17% Stand Coupler. 100 100' Preferred 6% Pacific Mail SS. 100 9% Packard Motor.. 10 6 _ Loew's Inc (t)'d Loft Inc (t) J Loose-WllesBls. 100 Preferred Steel Preferred 51% 100 Pac Coast Co. .100 103 205 80 123 (f) d 1st preferred. 100 160 101 5% SoPortoRicoSug 100 103 6% Vandalia Coal—100 112 100 75 Elevator.. 100 Preferred Otis 155 100 LigAMyersTob. 100 290 "53% Fuel Oil.. Old Domin SS—100 23% 100 345 95 r r 85 75 r d 60 100 17% 49 loo"' IOC common 55"" 2 SAI.100 Preferred 77% 44% 24% IOC Preferred —100 South Penn Oil. 100 1 ds 26% s 27 25 d 308 313 Okla Prod A Ilef__5 d 4% 225 23 100 53% 5% Sloss-Slief? 69 77% 44% 24% 225 100 Glass 26 63 16% U S Food Prod. IOC S 23 45 Victor Talk M. 100 Smyth Mfg Co. 100 Solar Refining. 100 Southern Pipe L100 Ohio Oil Otis d 100 Nunnally Co (t) Ogllvie F1 Mills. 100 A Llbby, McNeil A Libby 10 Liberty Mills.. 100 Library Bureau. 100 Pipe LI00 Preferred Ohio WilkesBarre Coal... .50 dn200 Lit Northern d d 25 d 65 100 100 Secur Corp Gen. 100 Preferred 100 41 TOO r 215 40 Preferred 76% 99% 9 122 d Preferred "oo"" 203"" 100 10( U S Envelope. _10( Preferred 10( 5% 390 Co com—100 Preferred Preferred 52 130% 49% 145 IOC pref IOC pref 10( 9% U S Realty A ImlOC 410 U S Rubber—_10f 1st preferred.IOC 218 USSmRefAMin 5( 112% Preferred ... 5t 5 US Steel Corp .IOC 40 Preferred IOC 75 Vacuum Oil—100 Vanadium Corp. (t) 5 48 "32% 100 Lanst Monotype 100 Laurentide Co. 100 20 80 Singer Mfg 100 Singer Mfg Ltd—£1 Milling 62 18% 75 Sinclair Cons Oil(t) 95 25 65 34 101 Landers, Frary 55 50 210 Clark 166 " Preferred USCastlPAFdy 10( U 35 33 Preferred... .100 A % U S Bob A Shut IOC ; 83 45 48 North Amer Co. 100 8 100 107 202 100 114% 1U S Express.._10( JU S Finishing.. 10( 210 Shell Transp A Tr £2 d 74% ' 1% Shredded Wheat 100 r 140 Preferred 100 94 15 Silversmiths Co 100 45 File. 100 191 100 100 94 U S Ind Alcohol IOC Sapulpa Refg.. .5 Savage A nns ..100 Saxon Mot Cor .(f) Scovill Mfg 100 Sears, Roebuck A Preferred 29 100 Nor A W StboatlOO r 102 100 the Woods Lake of 28 20 Shipbldg—(f) Nicholson 630 495 SantaCeciiiaSug (t) 14% Nlles-Bem-P'd .100 "71% 42% 62 166"" 100 95% Untd Ret Stors.(t) d UntdShMachCor 25 d 43 Preferred 25 d 99 Preferred Preferred 94 610 Co.-.100 175 128% Drug. .100 pref 50 d 49 100 2d pref 100 55 United DyewoodlOO 91 205 I65"" 100 43% 130 1st Fruit—100 22% United 86% Untd PaperB'd.lOOl 475 Preferred com..100 85 Saco-Lowell Co. 100 "15" 43 90% 59 6% 14% 77% Am Preferred 64%' 100 Pacific of 112"" United 9% Safety CarHALlOO 69% St L Cot Comp.100 St L Rocky Mt A 98 5 100 N 83 100 Preferred New Orl Brew. .100 148 77 9% 68% 26 100 Preferred 19 96 New Mexico A 101 mm 3% 90 163 preferred 100 Departure Mfg pref 100 Preferred 4 17 78 New Arizona 99 114 400 12.50 28% N J Zinc. 35 100 100 Il5"" Sugar Refg. 100 96 85 98 97 United Alloy Steel t Untd Cig Stores 100 101 100 90 90 Kresge (S S) Co. 100 Kress Nat 106 Preferred UnStYdsSoOmlOO 100 Preferred 28% 16 loo"" Royal DutchCoNY 68 40 100 B Com 67% 35 15 Tobacco Preferred 66%i Ferry (NY A 90 "22% 100' Preferred 82% 108 98 100 com 90 "28% 100 Kolb Bakery pf._10 100 84 Kentucky Wag. 100 Keyst Tire A R.10 d Klrby Lumber.100 Preferred .100 Preferred 25 d 102 com Nat Ref Union "98% Car. 10 81% Union Tank CarlOO 94 90 50 d Preferred Motor 117 107 A Carbon.no par d "96"" Replogle Steel —(t) id Repub I A Steel.lOOl 100 Corp. 100 Union Carbide 96 100 Preferred 97% 63% Fire-Proofg 50 d Nat Lead 67 100 100 Preferred 88 pref BAP Un Union Oil of Cal... 140 115 85 1st 14 70 185 42 64 100 pref 100 pf ser S__100 55 103 150 290 100 100 1st 15 14% Oil—(t) d 40 120 100 100 29 96 127 pref 68% 26 28% 182% BrassAClOO Candy pref 66 25 d Preferred 69 68% Brooklyn). 100 96% Union Oil of Del(t) Rome 1st 89 Co..25 d 90 Royal BakPow 100 105 Common 10 d 150 87 102% 126 260 K C Stk Yds of Me Reece Fold Mach 10]d I 130 Preferred | 235 110 100 23% 148 "114% 125 2d Preferred Machine Hole 33% 32%; 100 ■ 100 100 35 Steel Forg (f) d 54 9 98%, Trenton Pott..100 Preferred 100 60 I Underw Typew. 100 172 127%; 100 Johns-Pratt Co. 100 Jones Bros Tea. 100 23 Preferred 41% 220 200 99 Co...100 Rainier Mot Corp (t) Preferred 100. "48"" 100 100 Preferred.... 100 Johnson Tin Foil A Metal 66% Nat .CloakASuitlOO 34 33 130 96 34% Repub Motor Tr(t) d Reynolds (R J) 90 100 100 100 Jewel Tea Preferred 50 d 45 3% 6% 110 100 6% pref— Reo 39 38 30 Aniline 32% 217% .TOO 58 Nat Preferred Pullman 2d Inter Silver % 1% 5% 110 Proc A Gamble..20 d 125 Comraon Inter Salt 100 100 Preferred 100 Int Text Book. .100 Iron Prod Con>.(t) d Iron Steambt Co. 10 d Isl'd Oil A Trans 10 93 100 96 30% Reis(Robt)ACo (t) d 1st preferred .100 88 Remington Typew102 100 common_(t) Preferred 37 35 42% 29% 71% Morse Twist Drill A Machinery..50 100 72% Mullins Body ..(t) 72 42% 85 84 Preferred Torrington ...100 43 Tobacco Prod..100 Preferred —100 87 s 37% 41 38 47% Supply coin—(f) d 160 83 111 37 87%( TexP'cCoalAOil. 10 d 41 I 18 j Thomas Iron 50d__. Reece Button- 50 77 80 stamped... 21% 26 pref 100 67 Montgomery Ward A Co, pref 100 18% 84 18 20 25% 144 57% 81% 71% Internal Petrol..£1 d 25 Midwest Refg 50 Mitchell Motors (t) Moline Plow 1st 32 66 100 Preferred 23 Mid vale Steel A Ordnance 74 Inter Paper....100 Preferred 100 Pref 94 125% Mid States OU..10 dv 56 1st Inter Nickel Preferred 100 10 85 97% 112% Punta Alegre Sug50 d-100% 129 225 Oats. .100 16% Quaker Preferred 100 177 89% 95 97 Ry Stl-Spring. 100 92 15% 176% (f) d TexasCompany .25 d 98 32 127 10 d Mexican Petrol. 100 Class B Pressed Steel Car 100 102 29 100 A —(t) d Transue A Williams 115 McCrory Stores 100 15 d Transcontl 113 13 — 215 100% 61 11 107 Pipe Iatemat 580 Preferred 100 59 Intercont 3 Prairie A Swift 58%; Tide Water 011.100 86% Times Square Auto 57 50 "95" Co...100 d 110 Swift Prod 17 " Ask. share. % Temtor Corn A Fru 208 StoresCocom 100 90 Inland 1 Publish'g com.50 d Preferred 50 d 8 Int Harvester. .100 124 Pref -100 106 Inter Merc Marine Common 100 31% Preferred 100 83% 61 565 May (The) Dept Preferred Prairie 100 OilAGaslOO Preferred Oil 39 L.100 "27*" PrattAWbit pf.100 "40" 40 Certificates dep Merritt 100 Tobacco. Certificates dep 87 85 92 58% Pittsb Steel pf.100 Plant (TG) pref 100 24 40 PiimptonMfgColOO 24% Porto-Rican Am 23 48 99 Swan A Finch—100 90 16% 85 6% 17 Preferred Certificates dep "14% 185 Mot.. 100 Superior Steel. 100 First pref 100 200 I Per 57 Phelps-Dodge ..100 175 Phillip.-J Corp (t) d 50 j Preferred ....100 83% Phillips Petrol d 38% iPierce-Arrow Mot ! Car Corp (no par) d 51 Preferred ...100 i Pierce Oil Corp 25 d 53 j Preferred 100 97 I Pittsb Brewing 50 d 27% Preferred 50 d Pitts Coal (Pa). 100 Bid. share. Pittsb PI Glass. 100 31 Maxwell Per j ^ar Stocks. Ask. Bid. 2%> 157 7% Mathi's'n Alkali.50 d d Preferred 100 Steel—25 d Rub. 100 Int Agr Cor com 100 Preferred 100 Inter Button Hole Sew Machine. 10 d Int Educational r Corp v c t—(t) d MartinParryCorp(f d d d 100 n — preferred. 100 155 50 d Ingersoll-Rand 1st Manhat 95 % Shirt—.25 cf Supply 16% 3% 13% 7% Preferred 93 Preferred..-.100 com.--5 d Preferred 80 131 Manh Beach ColOO Imperial Tob of Jndiahoma Refg._5 Indiana Pipe L..50 70 85 105 30 25 124 100 44% Illinois Brick.-100 Illinois Pipe L..100 (t) d 100 75 6 380 Sugar.. 100 Preferred 90 Hydraulic Pr Br 100 Indepen Brew'g-60 A Co 99 Div obllg—FAA d 100 JHupp Motor 10 d 16% Hutch Bug Pltn_25 29% Per 360 , Manatl GouatonOil ctfs 100 Preferred ctfs 100 Canada 1 18% MagnoliaPetrnl .lOOj Mallinson (H R) 56 96 Hooven Owens A Ilent8chler pf 100 Preferred j share, Hock Va! Prod. 100. share, Par Stocks. Ask. Bid. Stocks. Par. |i (VOL. 110. SECURITIES accrued 49 UNITED STATES AND MUNICIPAL BONDS In State and must In all municipal bonds the custom has always been to quote them, "and interest." be added There That is the accrued interest few instances which form exceptions to the rule—that Is, where the prioes given are flat prioes, the accrued Interest having been taken into account In making them. These are Indicated by a special mark, thus (/). ' v "■ cases on. are a very ■ 71ie figures in the column "to net" Indicate the basis which the securities sell on the Interest rate which the securities or is held to maturity will net to the purchaser at the present market price. To Bonds Bid. UNITED STATES—Se 2s Pan Can Nov 1938-.Q-F 3s Conversions 1946-47__Q-J 3s Treasury notes A-J Instrumentalities of U 8 Gov Fed F'm L 4%s '37.M&N Fed F'm Loan 5s '38_ M&N Fed F'm L bonds issued by First Jt Stk Ld Bk. Chic 5s 1937 M&N Aai. also pagel9 e 101 75 75 75 101% 79 4%s Renewal 1950 48 renewal CI C 1956—J&J 75 ign Go 100 91 5.50j 5.50| 5.50 . July 15 1920 5.50 5.50 5.50 5.50; 5s Refunding 1949 4%s Refunding 1937.A&0 4%s Water & Sew '39_ J&J Mobile Co 5s ref 1928— M&S 5s Refunding 1931—J&D 58 Road Feb 58 Nov 1 1932—F&A 1947 M&N 4s C H & Jail 1926—J&J Montgomery—6s 1924. 5s Street Pav _ 1923 J&J 5.50 J&J 5.50 Funding 1940 J&J 4%s Water 1928 A&O 4%s Scb WW&Sew'44J&J Montgom'y Co—5s '35-A&0 Selma—5s '27 opt '10.M&N 6s 5.50 5.50 j 5.50 4%sref Apr '38 op '28 J&J15 Maricopa County 8 D No 1 5s March Phoenix 1933 6.35 5.35 4%s 1950 op '30J&J 5s School March 1933— 5.35 5s Jan 1 1954 opt 1934J&J 6.35 5s W W 1921-1950—J&J 5.35 J&J 5.30 Tucson—5s Water 1950.J&J 5.35 4%s W Mar I0'38 M&S10 5.35 ARKANSAS 5,75 Ft Smit —5s 1926 A&O 5s W W 1921-1»26__M«N 5.75 8t Francis Levee Dist—6s Oct 1 1943 opt '33.J&J 5.75 6s 1947 opt 1937 5%S 1945-1964 J&J J&J 1950-1969 58 1949 5.75 J&J 5%s opt 1929 J&J CALIFORNIA 5% 4%s Highw 1936-41..J&J 3 Imp 1985 op'60. J&J Highw July 3 '2Q-'61_J&J Alameda—4s '20 to '41.J&D 4s Harb IS 4s 4%s Mun Imp '21-'48A&0 Bakersfleld 5s 1920-52.A&O Berkley 6s 1942-1951...J&J 5s School 1921-1955..J&J Los Ang—4%s '20 to '35 J&J 4%sORDec31'20-37.J&D 4%s Harb Imp '21-'51 J&D 4%s El plant '21-'51. J&D 4%s Aug 1 1923-42..F&A 4s W ann 1920 to '45 M&N 1920 to 1930 J&J s s Water '20 to '41.A&O Sch 1921 to '44. J&D Co 4%s'21-'49 F&A Oakland—5 %s »20-'43.F&A 4%s Mun Imp '20-'43F&A 4%s Jan 15 1921-47..J&J 4%sSch&cJne'21-'51.J&D Oakland S D 4s '20-'44_J&J Orange Co 5s 1921-45..M&S Pasaaena—4s Jan'21-'42J&J 4%s Wat Pl't '20-'36_A&0 Pasad 8 D 4%s'20-'22 Sep 15 Redlands—5s 1922-51.. J&J Riverside 5s 1921-53... J&D Riverside Co 5s '25-'54 M&N Sacramento 4s Jan'21-'45 opt 4%s Sew & Dr '27-'34 J&J Sacram'to Co 4%s'20-46J&D BanDiego 5s WW'21-'54A&0 4%s 1920-1941 J&J 4%s Wh & Har '21-'52J&J SanFrancisco 5s g'20-'55 J&J 5s Munic 1926-1960. J&J _ 5s 1921-1939.. ■ :c: 5.40 5.40 6.40 6.40 5.40 5.40 5.40 5.40 5.40 5.40 5.40 5.40 5.40 5.40 5.40 5.40 5.40 5.40 5.40 5.40 5.40 5.40 5.40 5.40 5.40 5.40 5.40 5.40 5.40 5.40 5.50 5.50 5.50 5.50 5.50 M&N 5.50 4%s April 1922 A&O 3%sg July 1 '2Q-'44__J&J 5.50 b Baals, Nominal. 4%s gold Aug 1943. _F&A 5.40 Stockton S D 5s '20-'21_J&J CANADA—See page 50. NewCastleCo4%s'26-34J&D 5.25 5.40 4s Ref Dec '20 to '24-J&D 5.25 3%s 5.25 48 1922 opt 1912 M&S Boulder 5s Sept 1 1926. M&S 92 95 89 95 Canon 89 95 C'y 5s '31 Spgs 4s '29 op op '21 M&N '14. M&S 1941- Delta Co 5s ref30 op'20 J&D Denver— 90 95 53 Aug 15 1928.-F&A 15 100 101 5.25 5.25 5.20 4%s St & Sew 1934—A&O 4%S 1928-1937 A&O 4%sBldg-Con '53-62 M&S 4s St & Sew Apr '25. A&O 5.20 DIST 92 County— refdg May 1933 opt '23- Las Animas Co 4%s '31_ J&J Ouiav Co—4s '21 op '11 F&A > i M&S 5 92% 96 100 95 96 '22-A&O 95 97 85 95 5.50 85 95 6s 5.75 5.50% 5.75 5.50% M&N 5.75 5.50% 89 95 Miami 53 1920-1944 5.30 95 Pensacola 5% 5 I I 1940-45—J&D 4.65 4%s Munic Bldg '33M&N *4%s Permlmp °20-27J&D 4.65 j 5 4.751 5 5 I 5 I 5 4s West Middle 1937.F&A 5%' 4%s Water 1920-25—J&J ! 5% 4s iti I 5 4.75 I New Britain before 1933 5 *3%s AirLRR '20-'29 J&J New London— 3%s Water July 1926.J&J 4s Munic ♦4%s Improvt '20-'39 J&J Norwalk (Town)— 4%s Bridge June '42. J&D optional M&N 1 t 1 1 1 • » t t 1 1 1 — "91% 77 80 73% 80% 96 85 4s Imp 80 00 4s 80 90 80 90 s f 5s '58-F&A France (Republic of)— 5% National Loan not red before Jan 1931—Q-F16 v Hawaii. Territory of— 80 90 80 90 «... 93 93% ... « 75% 75% c 74% 74% - Italian Government— 6%s series A 1925 ..F&A 5%% 10-yrgbd8(Sept'16) 5% Int 1926-1941 J&J 4s u 1 A » *58% m. mm ----- 90 80 90 80 90 80 90 Steam RRs Porto Rico—4s 1921-33.J&J 5 4%s Pub Imp '31-'34_J&J 4s Jan 1 1937 opt '22. J&J 80 90 1944-1950—J&J 80 90 80 90 4S <M 1 Oil OOI ----- L Pur '34 opt '14.Q-F P Wks & Imp 1935 .Q-M Impt 1936 opt '16. F&A gold Dec 1 1946—Q-M 48 Jan 1 4.75^ « 83% 4s 4%s Water Mar '39 M&S 6 5.60 5.10% 4%s Refunding 1938 A&O b 5.60 5.10% Putnam (Town)— 5.30 4%s Water '22-'46—A&O Stamford (City)— 5% 4s Park May 1942—M&N Stamford (Town)— 5% 4%s School 1921-45—J&J 5% Waterbury 3 %sSch'21-32J&J 5% 4s Park July '20-'58—J&J 5% s Citv City Hall '24-'63_J&J 4%s — --- 28 Philippine Ry—see under 4s Gas & Elec 1931..A&O 6 90% 94 90% Treasury 6s 1929.J&D 30 Republic— Cust's adm 5 5.60 5.10% 5.60 5.10% 84 90 93% Dominican 4s 5% 79 94% 73% 82% 96% 5% 5% Norwich— 77 «J4% 83% 1 4s g . 4s Ref Sewer '27-'28„J&J - "41% "Ext'l" g4%s '49 op.F&A "Ext'l" g5s 1949 F&A Japanese Government— 4%s £ '25 opt '10—F&A15 ,4%s£ 1925 opt 1910 (2d 4.75 series) J&J 10 4s £ '54 opt '10.J30 & D31 6% 4s £ Jan '31 opt after 1921. 6% Netb'd Govt 5s '20-'30_F&A 5% Philippine Islands— New Haven (Town)— - 48 M&S 4.75 M&S15 I I Cuban 5s 1944 op 1911. M&S "Internal" 6s Nov 28 1913 41 opt '31 F&A Imp Sep3'42op'32.M&S 4s May 15 '46 op '36.M&N 4s.Aug 1947 opt '37.-F&A 3%s Imp'21 opt 1911.J&J 4.75 — 91 ___A&0 !8 5 98 4%s of 1898 £ red on or 4%s Sept 15 1949-M&S15 6% 71% 97% 90% M&N Hukuang Rys 5s £_J&D15 5% 4.75 4.75 71 6% Treasury notes Nov before 1944 | Meriden (Town)— 98% 5s of 1896 £ red on or 4.75 Meriden (City)— 98% Chinese Government— 1921 I OX2 GOVTS Anglo-French 5s '20.A&O 15 Argentine Republic— Internal g 5s of '09 s f M&S Belgian Government— 6% notes Ext'l 1921.J&J 6% notes Ext'l 1925-J&J British—Cons2%s op'23.Q-J 4%s War Loan '25-'45J&D 5%% g notes 1921—M&N 5%sg Feb 1 1937— F&A 5%8gconvNovl922_F&A 5 %s g conv Aug 1929.F&A 4.75 4.75 4%s Water Aug '41.-F&A 4%sScb Aug '22-'43.F&A 4%s Sch Aug 1929. _F&A New Haven (City)— 3%s Funding '25-'35_A&0 4s Sewerage 1921-29-A&0 4%s Paving Mar 1936M&S ♦4%s Paving Aug '37 F&A ♦4%s ImptMch 15 5% 5% 5% 5% 5% 5% 5% 4%sref 1941.A&0 FOREIGN 5 5 ♦4s RR Aid Ref 1930.F&A 5 J&J Petersburg 5% 1949-J&J Tampa 5s June'55 op'25.J&J 5s Mun Imp '62 op'32 J&D 5% (City)— 3%s Sewer July 1932.J&J 4s Munic Bldg 1948- -J&J 5% 5Vs 5% St 4s Water June '30-'39 J&D ♦4%s Arsenal '20-'47 M&S ♦4%s Northeast 1959 J&D 4%s Northwest 1945 M&S ♦4%s 2d North 1944.-J&J 3%s South Sept '55-M&S 4%s Southwest 1944 M&N ♦4 %s Wash't'n '26-'47 J&J 5% Polk Co 5s Road 1921-40— 3%s ConnRivBdge'55 J&J Hartford School Districts— 97 Orange County 5s 1944.J&J 5% b 5%% 5s April 1945 Key West 5s 1942—J&J 4s Water June 1933—J&D -« 6% Jacksonville S D No 1— 5 Bldg 1933—A&O 4%s Park July 1942..J&J Norwalk (Citv)— 3%s Water July 1929.J&J 6 _ Hartford Fire District ♦4%s 1923-1935 Fund&Highw 1944. J&J Jacksonv 5B May 15'24.M&N 5s Improvt Jan 1 '36- J&J 4%s Imp Nov 1936-M&N 4%sFeb 1937 F&A 5 gold 1920-1956 J&J 1927-1930—J&J 48 Road 80 90 4s 1927-1930 reg 80 90 J&J Russian 4s of 1902 opt Q-M Wladikawkas 4s Jan 13 '57 optional 1916 J&J14 6%% credit Jnel7'19J&J 0 a~25_~ «"28~~ 5% % Int Loan '26. F&A14 0%% Ext Ln Dec'21_J&D 4% Hit Loan 1924.Q-M 14 Swedish— 0s June 15 1939-J&D15 t ----- 84 84% ... ... On basis of $5 to the £. A On the basis of 4 marks to the dollar. / Flat price. h On the basis of 14.80 2-3 to the £. I In London, Sals price, t Dollars per 1,000 rubles, flat, u Dollars per 1,000 lire, flat, t Dollars per 1,000 francs. ♦ Tax free in Connecticut. e , » 100 5% 5% 5% 5% 5s ♦4%s School '27-'46 M&N ater '49-'93..J&J Wa 95 Hamilton Co 5s Feb 7 '48.. Hernando County— EastHartford— 3%s Funding 1925—J&D 5.25 1924—F&A 5s Armory 1944 J&J Everglades Drainage Dist— CONNECTICUT '27-'35 curr Duval Co 5%s'32 op'12M&N 5s Road 1939 J&D Pueblo Co S D No 20 4%s Water 5.25 OF COLUMBIA FLORIDA Grand Jet 5s '26 opt '21-J&J Lake Co 4sNov'21op'llA&0 East 5.25 Dade Co 5s Oct 1947-54 Garfield 6s '32 opt —J&J Wilmington—4%s '22.A&O (City and County)— 4%s Water Nov '48.M&N 5s 1920 3.65s Fund Funding 1921-35. M&N 5.75 Middletown (City)— 5.75 3%s Impt July 1921—J&J 6.75 4s Water July 1922-—J&J I Middletown (Town)— 5% ♦3%s RR Aid Ref '24. J&J 4%sUnivbldgJan5'21-65J&J . 5.10 ♦4s Mar Prescott—5s 1948 1927 opt '02—J&D 5.50! Hartford— ARIZONA 5% DELAWARE 89% •3%s Apr 1934 A&O 5.50 *4s July 1936 J&J 95% "97% 5.50 Bridgeport— 5.50 4%s Bridge 1920-65—J&J b 5.50 5.10% 5.50 4%s Hgh Sch '21-'63._ J&J b 5.50 5.10% 5.50 *4%s Sewer 1922-46-A&O b 5.25 4.70% 6.50 3%s Improvt 1920-41-J&J 6 5.50 5.10% 5.50 *5s Constr'n '24-'48_J&D b 5.25 4.70% 5.50 Bristol 4%s Water 1939-J&J 5.50: Danbury 4s Water 1946- J&J 5.50 3%s Funding Oct '41 A&O M&S Hartford— 4%s Ref & Imp 1943.J&D 5.50 5s Dock Nov 1 1947.M&N Nof.- 3s Dec 1 5.50 Mobile—5s Sewer 1942M&N 6s School 1943 _J&D ill. 5.40 5.50; 1932 5.501 Trinidad J&J J&J West Bid. Jan 10 Pueblo 6s Sept 1 1921_ M&S 5.50; PuebloCo4%sref'31op 21J&J J&J . 4%8 July 1 1931 4%s Hospital 1963 5.40 Denver 5.50 Jefferson Co—6s 1921.-A&O 5S 1949 5.40 4s Ref Water Mar 1 49 4.80 ,,. 5s 90 94 Bonds COLORADO 90 88 To Net San Mateo Co 5s '20-'42.J&J Santa Barbara—5s gold Sch 90 vt. p Aek. Bid. SanJoaquinCo 5s '20-'49 J&J Colo 3%s renewal Jan 1956. _J&J Birmingham 6s ref '23. F&A 5%s March 11927... M&S 5s ImprovSep 15'21 M&S 5s School 1934 J&J 5s Sewer 1938 Jfrj 5s Fund Sep 20 "41 MA S 30 ... Bonds 1921 to 1941 Liberty Jt Stk Land Bk Balina, K, 5s '38M&N tJ. 8. Possessions—See Fore ALABAMA To Net. Bid. At i. Switzerland 4s optional J&D 6%s Aug I 1929,_ F&A United States of Mexico— 82 84 Bid. Bonds Net. 6s g Ext Ln Ref '45-Q-Jan 48 gold 1954———J&D 33% 30 Copenhagen 4s of 1901.M&N; 5%8 Munic. Ext. '44.J&J, Havana—1st 6s 1939—Q-J I Q-J 87 69 73 75 102 101 85% Lyons (Cltv) 6s 1934.M&N 85% Marseilles (City) 6s*34M&N 92 Paris (City of) 6s '21.A&O 15 Rio de Janeiro— 7% 6s-Ext'l ser 1922-31 M&N6 San Juan (City of) Porto Rico— 5s Ref & Imp 1922-36. J&J 65%% Sao Paulo (City), Brazil— 6 8% 6% Ext g bds 1921-28 J&J , . 87 93 , 6% Ext s f 1943— M&N Tokyo (City of) 5s of 1912-Red ann s f beg'17-52M&S 6%% 7% 95% 6% 5 M&N 5 97 90% A&O A&O A&O M&S A&O 97 5%s Vict Ln Dec '22.J&D 5%s Vict Ln Nov '23M&N 8%sVict Ln Nov'24 M&N 58 Dec 1925 J&D 5%s Vict Ln Dec '27.J&D 5%s Vict Ln Nov '33M&N 8%s Vict LnNov'34 M&N 5%s Vict Ln Dec '37.J&D 1937 1931 5s Mar 1 87% 87% 84 86% 80% 84 86 88 86 85% 88 90 4s 4s Elec L & 7% 7% 1945 —-J&D 5ssf Nov 1 1956.—M&N 5s Dec 1 — J&J -M&N May 1927 M&N 4s May 1 1933 £ M&N 4s May 1 1944 M&N 3%s Rfg May 1939— M&N New Brunswick, Prov of 3%s Jan 1933 J&J 4s April 16 1921—A&O 16 4s July 3 1930 J&J 4s 1932 opt 1902 J&J 4s 1932 opt 1902.. F&A 15 4%s Dec 1 1925 J&D North Vancouver 5s '60.J&J Nova Scotia, Prov— 5s Jan 1 1926— J&J Ontario, Prov of— 5s May 28 1922.M&N 28 5s Dec 1 1926 J&D 4%s May 1925 M&Nj 43 1 941 MAN 4s March 1 1926 M&S 4.90% Waterloo— 4%s Drainage 1944._ F&A 4 %s refunding 1959. F&A Spalding County— 5s Dec 1 1923-1930—J&D Valdosta 5s 1921-'42 Jan 4.90% 4.90% 4%s W W Jan 15 '30. J&J Woodbury Co 5s '25-'32_ J&J 7.25 7.25 7.25 7 7 7 7 7 7 7.75 VictorlaBC4%8Jan21'24 J&J Winnipeg, Man, 5s '44. A&O 7.75 Aug 1 19 46 6 Basis. . . 7.75 5.30 4 to 5.25 5.25 Redemption 1922.F&A 5.25 J&J 5.25 4s Fundg 1952 op '42 F&A Fayette County— 4 %s g Fund *21 to '24 J&J Frankfort 4%s'27opt'17 J&J 5.25 4s Water 1927 —L 5% 5% 6% 5% 5s Rd & Bldg '22-'46_ M&S Lexington— 4s Feb 1945 F&A o 25 - 5 25 o Louisville— 0 25 0 25 4%s Hospital 1951..M&S 4%s School impt '54-A&O 4s Mun Imp 1923 J&J 4s do Dec 1 '28—Q-M 4s Park 1930 J&J 0 25 4s 0 25 4s 0 25 4s 25 0 «... 25 5.25 oLa Porte Co 5s *21- 28. J&D «... 5.25 oLoganspt 3 %s '26 op '16 J&J o4%s Sch H'20-'37 J&D 15 «.... 5.25 • 5.25 o 5 25 Paducah— o 5 25 4s Oct - Michigan City—L o4%s School 1920-24.J&J oRichmond—4s 1927 M&S oSt Jos Co 3%s '22-'24_A&0 0.--. o3%s 1921-1926 F&ASooSouth Bend—4s 1925—J&J o 101 94 90 98 96% 97 97% 92 95 95 79 3%s g Refg 1940 M&N 3%s Refunding 1943.J&J 3s Sewer & Park 1941. J&J McCracken County— 5s Ref 1933 op 1913. M&S 5s Ref 1933 op 1923. M&S Owensboro—4s f31 op'HJ&J 5 25 J&J J&D 98 Refg July 1 1937--J&J Sewer 1947 F&A Louisv W Co 1946.J&J Louisv Wat Co '50 F&A •— ... 5% 5% Lexington S D 4s 1938. J&D 5 25 oLafayette 4%s'20op'15J&D 4s Street 1930 op 79 80 5% 5% 5% 5% '15--J&J A&O 5% 5.25 53 Port Comrn'n '21-'54 A&O 5.25 5s Port Comrn'n '24-'59 J&J 5.50 5.25 Port Comra '23-'55-J&D 5.50 4%s Ref 1920-1964--—F&A 4%s Pt Comm '25-'57.M&S Atchafalaya Levee Dist— 5.25 5s Ref 1949 op 1939.M&S Bossier District Levee— 5.50 1 1920 LOUISIANA 5s 5.50 5.25 — I Haute— 5.25 6s 1922 opt 1912 M&N 5.25 Caddo District Levee— 5.25 5s 1951 op 1941 J&J « o4s 0— 5.50 5.25 Apr 17 '21-'27.„F&A'o 103% 98 100 100 5.25 Fifth District Levee— ... 5.25 1940 J&J opt 1942. —-.J&J 5s Oct 15 1962 op '52 A&O 5s Oct 15 1963 A&O 15 5% Lafourche Basin Levee— 5% ! 5s Jan 1954 opt 1944.J&J i Lake Borgne Dist Levee— 5s Dec 1952opt 1942.J&D 5% 5s 1950 opt 98 Oklah oma) 100% 104 5S 1952 Tax-exempt; under 5% Harlan Co— 5.25 IOWA 5% 5% Franklin Co 5s '20 to '24 J&J 5.25 INDIAN TERRITORY (See 30 th 4%s W W 1920-1951. J&J 5.25 after that date by State or municipal corporations are 5.30 6s CtH Dec 15'38 J&D 15 < . o 5.30 5~.50 Covington— t 8 Nominal, 5.30 5.30 ion» provides that all bonds of muni cipal c orporat th all be t oxnow issued or hereafter to be iss ued • —J&J 5.30 5.30 Const ituTax-exempt: an amendmen tion of Kentucky passed at the Nov. 19 15 elec tion oKokomo 43 '21-'26-'3l M&S Bridge 1923 5.30 t 4s 7.50[Boone 4%s 1921-31...M&N 7.50 Burlington 4%s '20-'33M&N 7 IjCedar Rapids School Dist— 7 l| 4%9 Tune 1 19?i J&r» n opt 1919 1923 oKnox Co—4s o4s 5.30 5.30 KENTUCKY S D 4s '20-'23A&O opt '17.A&O 5.30 5.30 4%s July 1 1923 J&J Wyandotte County— 4%s Bridge '32 to '41 F&A 5.50 Indianar>—4s Mar 1 '24.J&J 4s Park Imp Jan 1 '27. J&J o4s Fire Dept J'nel '41 J&J < 5% 5.50 exempt. 5.50 Bell Co— 6% 5.25% 7.75 F& 4 1 /Flat price, 4%s oCrawfordpv 4s 1920 J&J oEvansville—4s Ref '32. J&J o4s Ref 1942 J&J Terr 5% 5.30 Wichita School District— 4s o4s 5.30 J&J A&O 5s 1929 Sewer 1930 F&A o_„ 7.75 oTerre H SchC4s'20-'31M&S'o 7.75 oVigoCo4%Decl6'20-27J&D o J&D %s Wat&ElL '20-22 A&O 4%s Sch Bldg 1929—J&J 4%s Wat Plant Pur'39J&J 4%s Refg Feb 1 '29—F&A 4%slmp July 18'49__J&J INDIANA (seefoot note o) 7.25 SouthBendSchool District— 5% 5% 1921-1925--F&A Wichita— 5%% 5%% 5%% 5%% 5%% 5%% 5%% 5%% 7% Marion Co—4s Ref '27.J&D 1934 1 Morris Co 4%s 5.75 o3%s Refund 1925..M&N 1920 J&D 5s Oct 1926 5s Feb Leavenw—4%s Louis— o4 tOct 1 '27 1926 65%to 65 %to 65% to 65 %to 65 %to 65% to 65%to 7.20 Jeffersonville— 7.20 5%s April 1 1939- -A&O 4%s Nov 30 1924.. .M&N 4s St Imp Sept 9'22 M&S9 48 St Imp Sept 9*27 M&S9 48 St Imp Sept 9'32_M&S9 4s ILLINOIS o3%s Bridge 1924 o3%s Refund 1925 5.30 4 6.30 o3%s Hospital 1936..J&J o3%s City Hall 1939.J&J 7.20; olndianap S D 4s '20-'26 J&J 7.20: o4s Bldg Sept 1 1946..J&J o3%s July 1 1941 J&J 7 5.30 5.30 5.30 7% 7%% 5.30 5.30 oFloyd Co 4s 1921-'30..J&J L 5.30 4%s Pub Bldg'61op'31J&J 5.30 Kansas City— 7.20! oFranklin Co 4s '21-'30_ J&D 7.20; oHend ricks Co— 7 I 4s C H Jan 15'23-'32J&J15 7.20 oHunt'ton Co 3 %s'20 '24J&J '8% 5.30 5.30 7% Cass County— 7% o4s Bridge 1920-33M&N15 7 5 5.25 Galena— 5.25 5s W W 1921-1943 J&D 5.25 Hutchinson—5s 1931—A&O Topeka— 5s Top Wat Sept '20—J&J 4%s Elec Light 1929-J&J 4s Water April 1 '24. A&O Topeka S D 4s Jan 1925. J&J 7 5% 4s Refund '29 op '14—J&J Emporia— 4%s Dec'29 op '19—F&A 5.25 EmporiaSD 4 %s'32op'22 J&J 5.25 Ft Scott 4%s '35 op *10. M&S 5%% 5%% 5%% 5%% 5%% 5%% 7.20 5 Atchison Co— Cap Bldg '30-'39—J&J May 1 '31 op '21—J&J Highway '35 op '25 J&J Highw '37 op '27—J&J Jan 1 1934 op 1924—-J&J 7.20, oFt Wayne 5 Funding 1920-35—J&J Shawnee Co—4s 1924. M&N 8'.j 5 KANSAS Springfield 3%s ref '20 Sept 3%s July 1 1944-'45__J&J 1 5s 5%% 7.30 5% __ 1922-1935-J&J 4s Jan 1930 & 1931 -.J&J 4s Jan 1937-1939 J&J So Park 4s '21 to '24. J&D Lincoln Park 4s 1923.J&J No W Pk 4%s '21-34 J&J W Chic Pk 4s '20-'31_J&J Vancouver, B C— 4s June 5s '20-'21_J&J '20-'23„J&J Sedgwick County— 5s Fund 1925 op 1915 J&J 4 %s B'ge Oct '27op'17 J&J Vi 5 5.10 J&J City Hall 1925-39.M&N 1922 Savannah—4%s ref '43.J&J Moline 4%s 1920-'32—J&J Peoria 4%s '21-'24__June 1 b Rock Island 5s 1920-1923... Quebec City 4%s 1922 J&J 3%s gold July 1930—J&J 3%s July 1 1931 J&J 3%s Jan 1 1931 J&J 3%s July 1 1933 J&J Reglna 5s 1929 J&J St Boniface,Man,5s '31 J&J2 Saskatchewan, Prov 4s'23— 6 Three Rivers 5 %s '20 M&N2 Toronto 5s 1920-1936.-J&J 4%s 1923 J&J 4%s July 1 1924 J&J 4%S July 1 1925 J&J 4%s July 1 1948 J&J 4%s Jan 1 1949— J&J 4%s July 1 1953 J&J 4%S Jan 1 1955 J&J 4s St Imp July 1922..J&J 4s £ July 1 1948 J&J 5s June 1 4%s July 4.85% 4%s ref Sept 1 '28.-Sept I Joliet—5s 1920-1925...M&S 4%S '25, '34, '35, '44.J&J 3%s Sew Sep 26 '28.M&S Quebec, Province of— 6s gold March 11925.M&S 5s June 1 1926 J&D 5 5 East St 3%S 1936 J&J Ottawa City 5s '20-'45__ J&J 5 5%% 5%% 5%% 5%% 5%% 5%% 48 reg 5% A&O Funding 1939 Fremont Co 5s '20-'35__J&J 5% 7% 7% Chicago Sanitary District— 7% 4%s July 1 1923-1926. J&J 65%to 7% 4s Dec 1 1920 to 1923.J&D 65 %to 4s Sept 1920-1931...M&S 65%to Cook Co—4s 1920-'25.M&S 65% to 4s Ser K 1921-1931..J&D 65%to 4s Ser M 1921-1933..J&D 65%to 4s Forest Pres '21-'34 A&O 65%to 3%s g 1921 to 1923..J&J 65%to Montreal— 5 Greene Co 5s 1920-25.-A&O Chicago 4s 1921 to 1924.J&J 65%to 8 4s World's Fair 1921—J&J 65%tO 7% 4s g 1921-1925 -J&J 65%t0 7% 4s g Judg 1921 to '24—J&J 65% to 7% 4s g Gen Corp '22-'25_ J&J 65 %tO 7* 4s 1921-1931 -J&J 65% to 6%% 6%% 5.10 Dodge— Ottumwa 4%s June 1936 Polk Co 4%s '22-'32 A&O 15 4s Court H'se '20-'24 A&O 4s Ref Wat 5%S May 1 1930—M&N 5%s May 1 1936 M&N Manitoba, Province of— 6s gold Apr 1 1925.-A&O 6s gold Feb 2 1930-F&A2 48 gold 1930 —M&N 4s Drainage July 1 '29 J&J 5% 5% 5% 5% O'Brien Co 5s 1921-25. F&A 4s 7 5.10 Jackson Co 5s 1920-30.A&0 Marshalltown Ind S D— 4.90% 4.90% 4.85% 8 Lachine P Q 5s 1954—J&D Maieonneuve Q— 4s 1925 5s 4755% 4%s 4%s 4%s 4%s P 1941.-A&O 4%s May 1954 4%8 Jan 1944 Fort 8 A&O Apr 1 1932 5% 5.10 4.85% 8 J&J A&O 5s Jan 1951Hamilton 4s 1922 5 City Hall 1920-26.J&J 4%s '32.J&J Dubuque Co 4%s r21-'31J&J 100 Boise City 5s '22 op '12.J&J 7% BolseC'ySD 5s' 25op' 15M&N 7% Shoshone County— 8 5s 1920 to 1924 op '15-J&J Calgary 5s 1933 J&J 5s June 15 1935—J&D 15 6s July 1 1945 J&J Gait 4 %s Apr 18'31. A&O 08 4%s ElPowJ'ne5'31 J&D5 Halifax N S 4s July 1945—- 5.10 4s 4.85% 4.85% 4.85% Blaine Co 5s Feb '22-'31.J&J . Cushing 5s School 1939M&N Davenport 4s 1920-'29 M&N Davenports D 4 %s 1921 J&D 4%s Sch Bldg 1925-—J&J Des M Ind S D 4.85% _ 88% 88% 85% 5.10 5s Municlp 1920-1957 J&J 4%s 1921-1931 M&N 4.75% 4.85% IDAHO 87% 82% 86% 86% 83% 4s ref July2 '20 op '15-J&J Crawford Co 5s '22-29-M&N 4.85% 88 86 5% Des Molne9 5s '20-'21 4.75y0 4.75% Rome 4 %s 1926 J&J 4s Munic bldg '25-'39 A&O 97% 91% 97% 88% of— 5% deb May 1 1925. M&N 4%% s f deb 1924.-F&A Alberta, Province 4.75 4%s Refunding 1939.J&J July 1923—_Q-J 4%s Oct 1926. Q-J 4%s W W 1920-'36._-J&J 4s Pav & Sew *20to'39.J&J 66% CANADA—(New YorkPrx ces.) 5%% gold notes 1921F&A fl%% gold notes 1929 F&A 5s 1921— 4.75% Macon—5s 51 Dominion of Canada— 58 1926 / 58 1931 4.75 J&D 3%s July 1 '31 & '33_.J&J Augusta—5s 1921— — M&N 4%s Red May 1 '24. M&N 4%s Flood Prot '42.M&N 4s refunding 1934 J&J 3%s April 1930 A&O Brunswick—5s Jan '21—J&J Clarke Co 5s 1923-'41—J&J Columbus 5s 1920-'22—J&J 53 W W 1920-1944--J&J 87 Net. 4.75 Council Bluffs School Dist— 4%s 1922 J&J 4%s Jan 1 1940 J&J 4%s Sewer 1921-'40—J&J 4s Water May 31 '23.J&J 75% 98 97 Atk. 4%s wat-wks '21-'30 M&N 4%s Fire Eng H'se '21 J&J 4.75 Atlanta— 85% Bid. Bond* Council Bluffs— Athens—5s 1922 FOREIGN CITIES, &c. Amsterdam 4s 1900-01.A&O Bordeaux (City) 6s '34.M&Nj - Net. 4.75 t%8 1922 J&J 4%s ref 1935-1945—J&J 4s July 1 1926.. J&J 3%s Jan 1921-1935 J&J Albany—5s 1945 2d 6s At I. GEORGIA c33% 25% To To To Bond* 5s Oct [VOL. 110. STATE AND MUNICIPAL BONDS 50 '"98" 98 98 98 law approved March 9 1903 and which went into effect April 23 1903, bonds issueo tax-exempt, and tut-se sell on a better basis, t Sale price. 1 a June, 1920.] STATE AND MUNICIPAL BONDS To Bid. Bonds Ask. Net. New Orleans— 7s g G S & D S July '22 J-Q 4s Floating debt '48_A&0 75 4s Constitutional '42.J&J 85 8734 823* 8234 85 Impt 1950 opt (old issue) J&J 4s Pub Imp *42 op '28 J&J 97 Pontchartrain District— D 6s 1944 M&N Red River A & B B Dist— 100 A&O 5s Mar 1953 op 5s 33*s Water 1926 Gardner— 95 103 3 3*s Water '20 to '31. A&O Haverhill—4s 1927 J&D Holyoke—4s gold 1927.J&J 33*s Dec 1920-1932..J&D '43—M&S 95 102 *_F&A 96 Shreveport— 43*8 WW&Sew'20-'54 J&J 6 5.75 5.50% MAINE 5sH'way&Bge'21-'54—A&O 48 Sept 1 1920-1953 M&S 48 Highway 1921-1936. M&S 4s Apr '28-'31 tax ex._A&0 Auburn—33*s 1925--.. J&J 8934 40 tax ex'pt J&J 5.75 Bangor—4s RefWater 35J&J 8434 4s Fund '20-'30 tax ex J&J 5.75 Bath 4s Ref 1941 tax ex J&D 7834 873* 953* 4s 1935 & Biddeford 4s '21-'35—M&N Cumberland Co 3 3*s J'ne '21 Gardiner Water District— 4s Jan 1934 J&J 903* 923* 92^ 4s 5.50 5.20' 5.505.20' 933* 4s Medford— 4s Feb 1930 903* F&A Apr 1 1921-'28 tax-expt 99 Melrose 4s June 1924._J&D Methuen 4s 1925 F&A Middlesex County— 94 J&D 96 Milton 33*s 1920 to '32 F&A 90 5s 4s 1920 to 1924 933* 4s Water 91 943* 89 4s Water Aug 1935..F&A 33*3 Water Dec 1926.J&D Northampton— 33*3 g 1920 to 1926... J&J Quincy 4s Sep 3 '20-'22 M&S 3 3*s April r21 to'39—A&O 883* 89 Taunton—4s 1927 J&D 87 84 833* 923* 863*1 923* _J&J ..F&A F&A Watertown—4s 92 J&J 91 4s Sewer Dec 1 '20-'24J&D Worcester—4s 434% 434% 1922 96 (tax-exmpt) J&J 33*8 April 1 1922 A&O 96 MEXICO 4s Nov 1 1920 M&N 4s Water 1926 M&N Aug 1 1951 See Foreign Gov'ts 85 85 Battle Creek— M&S 85 85 4s City Hall 1927-'36 F&A Bay City— 53* 4s Aug 1 1961 F&A 3343 July 1 1030 J&J 3348 Imp 1940 J&J 334s Mar 1945 M&S 33*s Refunding 1952..J&J 334 Sew'age Imp '80.A&O 3 3£s Jan 1 1927 __J&J Cumberi'd 43* WW '41 A&O 51* 51* 4.3 Mar 1961 1 1920 M&S 4s 1934 J&J Ss water 1938-1987._A&O 434 3s g May 1929. 3s Met Sewerage July 1 1939 M&N 1936..M&S J&J Water Jan 1 1941..J&J Arlington—^4s Water '22 J&J Attleborough—4s 1924.J&J 3 3*8 March 1935 M&S Beverly— 4s Sewer 1921-36. A&O 43*8 Road 1921-'26_.A&O 8434 34s Tun 196(1 tax ex A&O July 1936 J&J Apr'21-'37(tax-ex) A&O 4s 1920-1939 (tax-ex).J&J 74 & 84 4s Sub 84 J&J 83 1923 J&D 1924....J&D 1932 J&D 1934 J&D 1935 J&J 1943 J&D 1944 J&D 1945 -J&J 94 Tun&Sub'59 tax June June June June July June June July 3s Jan 1 1 1 1 1 1 1 1 1 1921 ex J&J Brockton 4s May 1927 M&N 3 3*8 Water 1932 M&N 34 973* 6 Basis- 53* 53* 53* 53* 53* T XrJ 965^ 5.50 5.50 5s June 1 1932 J&D 5.50 '24 May 5.50 J&D 5.50 43*8 Sch House 1941.J&J Mississippi Levee Dist— 5s May 2 1944 M&N 5s July 1 1953 J&J 4 3*s Sept 1934 M&S VIcksburg 5s St Impt 1920-'32_.F&A 4 3*s Sewer Dec 1 '28. Dec 5.50 1939 5.75 5.75 5.75 5.50 6s 1947 5.50 53 1924-1954 option 1917..J&J 5.75 M&N 5.75 43*s July 1949 J&J 4s 1952 option 1922—.J&J 5.75 5.75 MISSOURI Kansas City 43*s Sept 1 1930 43*3 Mar 1 1933 43*s July 1 1924 M&S M&S J&J 92 90 89 Market House '24. J&J 95 4s Water 1924 J&J 95 4s Park & Boul 1924-J&J 95 4s 4s 1926- M&N 6% 99 97 97 96 97 43*8 Bdge-Compl '35 A&O 4s Insane Asy'm '28. A&O 4s Public Impt 1928..J&J 4s Public Bldg 1929..A&O 93 973* 923* 94 4s W W Renew '31.M&N 913* 93 883 903* 903* 933* St Joseph School District— 43*8 1925, 1930 & 1935—, St Louis— 4s School 1937 J&J 48 School 1938 J&J 33*8 April 1 1925 A&O 33*8 g Apr 1 1922—.A&O Springfield 5s '32 op '17 J&D 94 94 883 923* 93 943* 96 97 33*a Park July 1 '20—J&J Saginaw— 43*8 Wat May 1'25.M&N 53* Butte School Dist No 1— 53i 43*s 1924 opt 1914—J&J Cascade Co 4s '21 op '11 J&J 53* 53* 53* July I '20 J&J MINNESOTA AitkenCo4 3*sDec'20-'24 Aug Beltrami Co 4 3*3 '20-'24J&D 5^3 Ditch 5.50 Butte— gold July 1 1932...J&J Wyandotte—43*81934. J&D 975^ 5.50 F&A 53* 1932 1923-34—J&D 53* _. — Brainerd—5s Nov 1920-1929.. TQ23 5.50 1930 J&J 1 4s 85 5.50 MONTANA 43*s Bridge 9234 5.50 5s Water Billings 5s 1934 op '29. _J&J Sault Ste Marie— 793* 783* 5.50 5.50 3.65s Ren June 25 '27 J&D 43*8 W W Imp '31-*47M&S 653*% Brookllne— VVHfer J&J 4s Jan 5.50 Sept 1927. M&S Jackson 53*s July 1 '33.J&J 5s Water Aug 1 1928.F&A Pontiac— 93 77 1920-'25 Port Huron— 86 Si* IV J&J Water 5.30 5.50 Apr 1929-1934—_A&0 1920-1934 J&J July 1 1921-1935—J&J July 1 1936 J&J Refund Jan 1 1927_J&J State 1934 op '14—J&J 84 July 1 1924 J&J 92 Sept 1 1930 M&S 53* Kansas City School Dist 90 4 3*8 July 1 1933. J&J 53* 89 43*3 July 1 1937 J&J 53* 4s July 1 1927 91 J&J 53* 4s July 1 1930 91 J&J 53* 4s Bldg 1932 88 J&J 53* 87 33*s Jan 1923 J&J 53* 91 33*8 July 1925 J&J 53* Little River Drainage Dist 53* 53*8 Oct 1920-1933— A&O 6 7% Pettis County 53* 4s 1921 opt 1908 97 M&N 53* St Joseph 4s 1923——-F&A 96 53* 4s 1924 M&S 96 53* 53* 53* 53* J&J J&J 43*8 W-W 1921-'44._J&J 4s May 1 1934 M&N Muskegon School District— 5s 1942 July Muskegon County— 43*3 Jan 1 1932 J&J 913* 85 1920 Marquette 33*s 1926 Muskegon— 5s 90 4s Tunnel & Sub '48. J&D Imp 1920-'25 4s Water 53* IP, Lansing—5s 1920 to '23 J&D 753* 91 4s Sub 1957 tax ex...A&O M&S M&N Kalamazoo—0 43*8 Sewer 8134 88 4s 1944 Holland—4s Ref '21-'23. Feb 94 92 J&J 1 4s Water Nov 15'29_M&N 963* 4s 1958 tax-ex Mar 33*8 Park 1930 —M&S oEscanaba 43*8 1920-30 J&J oFlint 43*s 1920-'39—F&A Grand Rapids 4 3*s Flood Protec '33 M&S Highland Park 5s 1928..J&J o43*3 Sept 15 1934—M&S 7934 8534 8534 783* 753* 49 3343 334s 3)48 334s 334s 3343 33*3 3 3*s I o4s School 1946 993* 923* 843* 8234 793* 8534 Boston— 4 5.50 5.10 M&S, 6 1940 4s o43*s Pub Lib 1948 J&J151 o4s Aug 15 '20-'28.F&A15.' 4s Sewers Apr 1 '22..A&0' o4s MASSACHUSETTS 3s g F&A Detroit— Hagerstown— 3s g ■—T" Bessemer- 53* s 1920-1949 Calhoun Co— 434 53* Ref Dec 15 1923.J&D.... 7b J&J 43*8 '21-'22 (tax ex.) M&N 4s 1920-52 (tax-exmpt)-.Var 334s gold Nov 1923._.M&N 33*9 g July 1 1935 J&J 3 3*s 1956 reg (tax ex) ..J&J 33*8 1937 reg (tax ex) ..J&J 33*3 Water 1942 J&J 33*s g July 1944 M&S 3s April 1 1929 A&O Mar 1 4s 90 434 434 1920 opt 1903 4s 33*3 Cap Big '20-'25 op.J&J 5s o4s Frederick— 4s 5.50 5.10 53* A&O Bay Co— F&A 4s Water 1923 5.50 Sew'age July 1 '39.J&J 53* .... 85 Sept 1935 5.505.10 4s Ref Mar 1 1939.— M&S Ann Arbor School District— 4s 5.50 5.10' 5.50 5.10 4s MICHIGAN (See foot noteo) Alger Co—5s Road '22. F&A F&A J&D 1954 1955 5.10% 5.10% 5.505.10% 5.50 5.10' Yazoo-Mlss Delta Levee Dist page 49. M&N 4s Annex 4s Parks 5.50 5.10' 5.50 5s Dec 1 963* 963* A&O 4s Jan '23 434% 434% 43*s Mar 1 1921-55..M&S 434s Mar 1 1955 M&S 5.50 5.50 43*8 Nov 1 1931 Meridian—6s May Winchester— Baltimore— 4s '20-'34_J&J 33*8 1921 to 1929 74. 70 33*3 July 1920 opt 1914.J&J 33*s Roads 1923 to 1928 Annapolis 4^sWW '42A&0 993* J&J 1920 5.20 5s Refund Waltham— 33*8 July 20% Greenville— Wakefield— 434% 434% 434% 434% 434% 5.50 5 5s Refg July 2 '22-'31 J&J 43*3 July 1935 J&J 43*s Park June 1 '43.J&D 43*3 Sewer July 1 '43.J&J 43*s Water Aug 1 '43 F&A 43*8 Ref J'ly 2 '22-'31 J&J 53*8 43*8 43*6 43*8 33*8 33*8 863* 3>*s Sewer Dec 1 '30.J&D 76 5.50 5.20 MISSISSIPPI 97 J&J J&D 5.50 5.20 33*s School Jan 1 '29. J&J 33*3 Water Wks '32..J&J Ramsey County— 33*8 May 6 1921 M&N Red Lake Co—53*3 '20 A&O 33*8 1922—.M&N 6 5.50 5.10 3*8 Apr 30 1922 M&NJ& S'th St Paul 5 3*8 ref '33 J&J . 3s Sewer 1930 5.505.20' A&O 93M tax-exmpt Springfield— 33*3 School 1935 8734 ...J&J 4s Roads 1921-1930 893* 90 Salem— 4s Jan 1 '32-'54 1944 St Paul- 92M Apr 1 1926. A&O 4s Sewer 1921-41 (taxexempt) M&N 33*s 1923 ....F&A MARYLAND 48 1920-1929 953* 943* Improvement 1937 J&J Improvement 1942 J&D St Louis Co 5s 1923-29.J&J 4s Water 1920-1933.. A&O opt 1923 48 Jan 1 19*29.. 5.505.20( 4s School Jan 1 1935.. J&J 95 43 1926 to 1928 5.50 5.20' 5.50 5.20' 4s 88 43*8 Aug 15 1921-33.F&A15 ..M&N 4s 8334 823* 8734 783* 5.50 5.20% 5.505.20( 93 1924 New Bedford— Funding 1928.—J&D Saco 4s Apr 1939 _A&0 Washington County— 48 1928 opt 1923 J&J Water ville—4s gJuly 1 1927 3 3*3 Sept 1935 M&S May 1 1927 5.50 5.50 33*8 Water July 1 '24.J&J Marlborough 4s July '26 J&J Portland Bridge District— 48 1928 943* 5.50 4.80 Portland— 4s Impt 85 8234 82 53* 95 4.80 33*s July '20 to '39..M&S Portland Water District— 5.50 42*8 42*8 42*3 43*8 43*3 43*8 90 33*3 Water '20 to '34.J&D ex.. 5.50 53*3 Ditch 1921-1935.J&J 99 Newton— High Sch 1937 tax Hennepin County— 43*s Ct H Apr 1924.A&O KoocntchingCo 5s'21-'33J&J 93 9034 33*s g Ref July 1922.. J&J 53* Minneapolis— 92 H J&J A&O 53* 53? A&O M&N Lewiston— 4s 92 opt 1924 Lynn—4s July 1927 33*s April 1 1932 Newburyport— Aug 1 1929 tax ex.F&A 43 1934 Leominster—4s g 1925.A&O Lowell—4s Water 1920 M&N 6% 4s ll'i 943* 973* 933* 4s C H 1926-'45 tax exA&O May 1 1923—..M&N 43*3 Feb 1 '40 op '30. F&A Lawrence 4s 1924 J&J 4s Mar 1 1921-1922..M&S 5s Jan 1921 to 1938... J&J A&O 53* 5s 1920-1920.J&J 1921-1925 J&D 1926-1935. g July 1920 J&J Mar 1921-'37—M&S School 1941 4s School Jan 1927...J&J 33*sg 1921 & 1925..M&N Kittery Water District— Oct 1927 I Maiden—4s 4.80 Not. Water & Lt 1926. J&J 4.80 Kennebec Water District— 4s g Ash. g July 1 1926 J&J 4s g Water & Lt '28..A&O 4s Water & Lt 1936..A&O J&J Gloucester— Ser D 1965 43*3 96M A&O 100 5s 1950 Series B 5s g 723* 913* 4s Water 1921-1934. M&N 1942.A&O 5S Oct 1952 opt Bid. Duluth Ind School Dist— Fitchburg 4s 1922 104 Bonds 913* 87 Municipal 1922 F&A 33*s Water Feb 1930. F&A Orleans Dist— To Net. Duluth— 4s 5s July 1959 opt 1929. J&J Plaquemine Parish E Bank— Ask. Fall River— 4s Public 1942 Bid. Bond* Cambridge— 3 3*s Water May '25 M&N 3s Bridge 1941 F&A Chelsea—4s Park 1936. A&O Everett—4s Sew 1929— M&S 100 Premium ; J&J /335 5s Premium (dr num)_J&J /355 5s 51 To Pflqq rv, _*.• rp fTqp *09 A x-n 5s Funding 1922-1936 J&J Custer Co 6s '25 op Great Falls— '15. J&J 5 J*9 Sewer 1935to'39.J&J 4s 1923 option 1914—J&J Great Falls Sch Di3t No 1— 4s 1925 option 1915. M&S Helena 5s 1931 opt 53* 1916 J&J Helena S D No 1 4 3*9 '22J&J Kalis pell 5s 1933 ..J&J Lincoln Co 5s '32 op '27. J&J 5 '4 5s Fund Vfnr'Sl on"M M..| 53* 5/2 5.50 5.50 5.50 5.50 5.50 5.50 5.50 5.50 5.50 5.50 5.50 * rO / Flat price, n Nominal. 0 Tax-exempt; under a law approved May 13 1909, and which went into effect Sept. 1 1909, bonds issued after that date bj municipal corporations are tax-exempt and these, accordingly, sell on a better basis. - To To i Bid. Bonds. Ask. Missoula 4*4s *24 op '14 J St J Missoula County.— 4s Ref 1921 opt 1911-F&A 5.50 Long Branch 5s 5.50; Lyndhurst— 5s 5.50 1935 op '33J&J Yellowstone County— 5s Ref 1920 op 1908._J&J 5s Ref Dec 5.50 Douglas Co—4s '20-'28 A&O 3**s 1922 J&J Grand Isl 4*is '25 op '10J&J —U. 534 5 *4 5*4 Lincoln— 534 4*4sRef'21to'29op'20F&A Lincoln School District— 534 534 534 534 534 534 534 534 534 534 534 534 4Xa 1924 opt 1909— M&N Omana 4*4s 1921 Mar 4*4s Renewal 1924—-J&J s Mar 1 1932 MAS s Refunding 1934.J&J s W W Dec 15 '41.J&J S D 4*4s 1928—J&J J&J 1948 J&D So Omaha 4 Xs'24 op'09 J& D 5s SoutbOmahaSD—5s '23 J&J 5S Dec 1929 J&D NEVADA 5.75 Reno—6s 1924 op 1909. J&J 6 WashoeCoSD58'21to'29M&S NEW HAMPSHIRE Hospital 1920-'25-J&J Berlin—4s Ref 1920-35 M&N Concord—4s 1923 J&J 3*48 1924 to 1929 J&J 4.75 8X8 3*4s '28-'31—J&D Laconla-—4S 1924_-_ A&O Dover Nashua—3s 1923——A&O Pembroke 4s '24~'34—F&A Portsmouth 4s g Sch '23J&D 4s Ref Water 1932 J&J Rochester—4s 1922 J&D NEW JERSEY Mercer — 5.15 5.15 3*48 April 1941A&O MhMlesex Co 4 *4s'24-'34 J&J 4Xa Fund July 1920-1939. 5.15 4*4s Imp 1921-'32—A&O 3*4s Bridge '22 to '31-J&J Montclair 4*4s Sch '41-A&O 5.15 4*48 H Sch Bldg '44-J&D 3*4s School 1932 J&J Morris Co—4s '35 op '05J & J 4*4s 1942 opt 1922—J&J Mornstown 4*48 '20-42 J&D Newark—4*4s 1944—F&A 5.15 1920-1958 J&J 5s Street 1920-1944—J&J 5s 4*4s Dock 1959—F&A 4*4s June 1 1960 4*4s Sch Dec 1 '45—-J&D 4s Refunding 1923—-M&S 4s Sch House 1959 op 1949 4s PasVaiSew'61op'5U&D 3*4s 1929 J&D 3*4s Track Elev '54-F&A Yallsburg 4*4s 1934—J&J New Brunswick 4s '22.M&N 4 Ha Aug 1 1920-57—F&A North Bergen 5s 1941--J&D 5.15 5.15 5.15 5.15 5.15 5.15 5.15 5.15 5.40 4.90% — 5.40;4.90% 5.40 4.90' 5.40 5.40 94 92 88 Passaic 4*4s Imp '21-'48 M&N 4*4s School 1942 J&J 4*4s Ref 1944—— M&N 3*4s 1920 F&A Passaic Co—4s '20-'24—J&J Paterson—5s 1921-'22_A&0 5.50 414s School Jan 1943. J&J Atlantic City—5s 1925-J&D 5*4 5*4 5*4 5*4 5*4 5*4 4*4s g Water 1926.—J&J 4*4s Water 1945 J&J s Paving 1938 J&J s Water 1944 J&J s Jan 1 1945 J&J ater 1930 J&J Atlantic Highlands— 4s g Sewer July 1 1928 J&J Bayonne—5s Fund 1928 J&J 5*4s Water 1921 A&O 5s Water 1921-1943.J&D 5s Jan 1 1921-1949—J&J 4X8 Funding 1931-—J&D 4*|s Jan 1 1933 J&J 4s Floating Debt 1928 J&J Belleville—5s Fund 1924-1934-1944—M&N 5.40 4.90' 5.40 4.90^ 5.40 4.90^ 4s School 4s June 15 5% 4.65 3*4s Park Reg 1927— F&A 3*4s Water 1920-35-M&S 5% 4.65 5.40 4*4s Water 1920-'45-A&0 4*4s Apr 1 1933-1935-— 5.40 3*|s Redemp '20 to '21J&J 5.40 - J&J dFarRockaway 5b '20~'21J&J Franklin Co 4*4s'31-'40 M&S Fulton—3.40s'21 to '29 J&D Geneva—4s Water '26-A&0 Glens Falls—4*4s ref sewer Aug 31 1920-1928 F&A Haverstraw4.12s'20-'37M&S M&N Jamest'n 4s Mar 20 '43. A&O Johnstown 4*4s Dec *23-'37 dKings Co 4s May 1 '21-'44 Kingston 3*4sg '21-'36.A&0 4*48 1921-1925 A&O Long Island City—d 4*4sll920 to 1923.—M&S 4s Water Sep 1 1920.M&N Madison Co 4*4s'2l-'29Feb1 Middleport 4.35s'20-*42J&D Riverside 5s 1925-'32„A&O Sea Isle City 5s 1943-—F&A So Orange—4s'20 to '44.J&J Summit 4*5 Sch 1941—F&A 4s 1933 M&N Trenton 4*4s May '24. M&N 5.15 West New York 5s '36-M&S 5.15 Wlldwood— 4*58 Water 1943 A&O 5.25 4s Fund A&O 5.25 1934 5.25 Union Co 4*48 5.25 4*5s 1942 M&S M&S 4s Oct 1 1942. A&O 5.25 6 5.15 4 Ms Sch 1962-'73—M&N 1937 4s Sewerage J&J 2 Nassau Co—4Xa '20-'29J&J 5s Jan 2 1938— 4*4s Ref 1922-'28—M&S Weehawken4Xa 5*4 Funding 1920-28J&D Westrield— 5.15 5s June 15 '20-'60 6 5*4 5*4 J&D 6 4.90' NEW 4*48 1933-1943 J&D 3*48 Court House'30 M&S Newburgh 4*4s '21-'34_F&A NewRochelle4 *4s'21-2? M&N 4*4s Mun Imp '21-35M&N 48 4*5s Sew 1921-1957— F&A 6 '50-'55—M&N 5s Jan 2 1921-1928—J&J 2 Vailsburg—See Newark. 5.15 5.15 4.358 sewer '20-'39—-J&D Middletown—3*4s '31-F&A 4*4s'31-'43.A&0 Mt Vernon 48 City Hall 1939 J&D 3*4s Sch Nov 1 1929 M&N 5.25 MEXICO 5.15 M&N 1921-1930 3*48 1921 to 1933 J&D New York City— 4*48 June 1965 s June '21-'30 J&D 4.90< 5.15 s —A&O J&D 4.90' 4s Ref June '33 s (old) May 1957. M&N 4.90^ 4s 3*4a Water 1933 A&O Elizabeth 4Xa 1953--A&O Ja 4*4s Sch Jan 1 1955..J&J 4.90' (new) Nov '57.M&N Corp stock 1967.J&J Corp stock'20-'32J&J 1960 opt 1930—M&S 1960 M&S Mar 1 1962 M&S Mar 1 1964 M&S April 1 1966 A&O 1934 4s Water 1933 J&J Englewood—4s Sep '35 M&S Essex Co4*4s Road'53.F& A & 5.40 4s 5.25 5.25 '23. M&S 5.15 Bldg 1929 op 1919— M&N 4s Fund 1939 op 1919—M&S 5.15 s 5.15 s 4s 5.15 s 5.35 4*4s 4*4s 4*4s 4*4s 4*4s Highway 1921-1944.-J&J Albuquerque 4*5s '29--M&S 5.25 1922 op 6 4.85' 4*48L'dPurch'21-'46J&Jb 5.40j4.85< op 5s W W Dec 1962 5.35 Bernalillo Co 6s' 22op'12J&J 5.35 5s 1931 op 1921 SocorroCoSs '41 op '21.A&0 5.35 Hospital '20-'49.F&A6 5.40|4.85' 4Mb Road '20-'3d F&A6 5.404.85' 5.35 4s NEW F&Aft 5.404.85' 1926 4s g Park 1938 4s Hospital 1946 3.65s Park '21 to '35-F&A6 5.404.85' Falrview—5s 1944 Gloucester Co4*4s'20-'26 varl. Hackensack—4*4s 1942F&A. Harrison—4s 1930 J&J, 5.50 5.50 4X8 May 1 1950 M&N. 48 gPark 1959 & '54. M&N. 4s County Bldgs '46.F&A. 4s gold Ref 1935 F&A. 3348 Bridge 1921 A&O. Irvington 5s School '63.J&D. Jersey City— 5s gold assess 1924..M&N 6s Water June 1 '21. J&D 4*<S School 1920-58.J&D. 4Xa Refunding 1928.J&J 434s School 1945 J&J 4*4s Water 1961 A&O, 4Xa Sch Mar 1961-M&S 434s Park Mar 1961.M&S. 4s Water 1932 4s 1935 A&O J&D 4s Refunding 1949—F&A. 3*4 Refunding 1920.J&D Kearny 434s 1936 ..F&A. 4Xa April 1962 A&O, Lodi—5s 1921-1947 b Baalf. J&J. M&S 48 94 4a 3*4s Exempt 1922—M&N 6 May 1959. 4s 4*48 Barge Canal 1945—J&J 4s Canal Term 1942 95 J&J s 4s Canal Term Jan 1946. J&J 92 s 4s g 4s g 90 s 90 s 4s High Imp Mar '58. M&S High Imp Sep '58.M&S High Imp Mar I960. M&S Canal Imp July 1960.J&J Canal Imp Jan 1961-J&J Canal Imp July 1961.J&J 95*4 95*4 s 90 s Highw Imp Mar '61-M&S 90 Park 1961.-M&S 92 5.50 5.50 4s 5.50 4s 5*4 5*4 5*4 5*4 5*4 5*4 5*4 4s 5.40 4s 4s 4s Palisade Canal Jan 1962 5.40 5.40 5.40 5.40 5.40 5.40 5.40 J&J *91 4s Palisades Park 1967. M&S 92 4s 4s gold Jan 1 1923 J&J Jan 1 1956 _J&J 3a g July 1 1958 J&J 3s g Canal Jan 1 1959—J&J Albany— 4*4b June 1 '21-'28—J&D 4*5s Water 1920-34-M&N 4*5s Oct 1963 A&O 4*4s Water 1932 M&N 3s g 5.40 4*4s 5.40 4s Park 1921 to '30— M&N 5.40 4s 5.40 6 6 6 90 Highw Imp Mar '62-M&S Canal Imp Jan 1967.J&J Highw Imp Mar '67. M&S 4s 3s 5.40 88*4 1921-1954 J&D High Sch 1921-31. F&A 3*5s Pub Imp '21-'34 F&A Albany Co—3 Ms'20-25 F&A 3 *58 Aug 1 1925 F&A 4 *481936-1937-1938. M&N /Flat price, n Nominal. 92 92 s M&N 83 83 81 83 81 83 5.25 6 5.25 R T 1948-1950.M&N 6 6 g Exempt 1952.M&N 6 g Exempt 1953.M&N 5.25 Exempt 1954-M&N sg Water Ex '54-M&N s Exempt 1955—M&N 3*4s Stk April 1 '54.-A&O 3*4s Nov 1 1929 M&N s g .. 83 6 1927 - 80 81 Ex.M&N D'k - 80 Exempt 1941-M&N Exempt 1942—M&N 6 «.«• 91*4 6 g 5% 87 87 88 6% 6% 6% Bklyn M Sew'27 J&J 93 94 87*4 90 94' 4s 100 5.50 d Now part of New York City. 1965;. 100 5.50 Hoboken— 4*4s 1940 J&J. 3*4s 1931 M&N 58 School 1921-1954-J&J. Hudson Co—4*4s 1948-A&O. 4X8 Road 1923— J&J. 4*Js Highway 4s M&S J&J J&J 93 92*4 91*4 91*4 91*4 6% 83*4 85*4 94 YORK 4*5s Highway 1963 4 *5s Canal 1964 4**s Canal 1965 F&A b 5.404.85' F&A6 5.404.85' % 91k Various 1936 M&N Nov 1955 M&N Various 1956 M&N Various May '57. M&N Nov 1958 —M&N 4s 4MB 5% 6 M&S 1963 93 91*4 J&D 4*fsre£ 1953 op 1933—-J&J 4 Ms Dec 16 '52 op '22„J&D 4s 5 5.40 Erie Co4*4s'20-36tax-ex Rahway—4s Adj'22 op M&N Ramsey 5s Water 1921-'40_ Ridgefield 5s July '20-'31 J&J Ridgewood 58 1920-'26-F&A 5.25 5%'4.65( M&S Elmira—4s 1935 Plamfield—4s'21 to '34. J&D J&J Cape May—5s 1934—J&D 4*4s School 1921-51-M&S 4*4s 1921-1952 M&S East Orange 4*4s'25-45 F&A 5s Sewer 1921-1960--J&J J&D 5*4 5*4 5*4 5*4 5*4 5*4 6 5%'4.65 1921-'30_.J&D 4s June 15 1960 Apr 1944. 4*4s School 1938 4 Xs Funding '20-'27_A&0 5.75 5%l4.65% 5% 4.65% 5%4.65 " Aug 1 1929.F&A 6 5.75 5% 4.65% 4*4s Feb 15'62 op'32. F&A Perth Amboy 4 *48 fUs Funding 1945 Belleville S D 5s '27-44 M&N Bergen Co 5s Dec 1 '19.J&D 5s Dec 1944 J&D 5s Dec 15 1920-1955J&D15 4*4s 1921-1939 A&O 4*48 Aug 1920-1938.F&A 4s Bridge '20 to '24--F&A 4s Court Hse '21-'38_A&0 Bloomfield 5s '21-'23-M&N Camden—4*4s Wat '23.J&J 4*4s Dock 1930 A&O 4Xa School 1943 A&O 4s Paving 1929 M&N Camden Co 4*4s 1933-F&A 5% 4.70% 48 Serial 1920 to '29—F&A 1921-'40—M&S 1959 65*4% 5.20 65*4% 5.20% 5%'4.65% 5% 4.65% 5%4.65% 5%'4.65% 4*4s 1933 to 1944—M&N 4*4s Feb 1 1945 F&A 4s N C Hall '23 to '32.J&J 4s School 65*4%|5.20 4*4s Nov 15 1933—M&N 4 *4sSchNo v 15 '20-33M&N 4*4sJune 15 1944-J&D 15 4*4s June 15 1964. J&D 15 4*48 1921-1968 J&D Hempstead-d-4s g 1923.J& J Herkimer—4*4s'20-'27M&N Hornersville—3*4s '21.F&A Hudson—4s Wat 20-'22 July 4*4s High Sch '25-'32 A&O Irvington 4.10s '20-'36.A&0 Ithaca 4.30s '27 op var_J&J 4*48 Ref Water 1942--J&J _ 65*4%5.20 -/o 65*4% 5.20% 65*4% 5.20% 4.90% 5.40 4.90% 5.40 4.90' 58 5.50 3*4sg 1921 to 1937—J&J 3*4fcg July 10 1925—J&J 3*4sgold 1927 J&J 3*4s g July 10 1934--J&J 3*4s gold 1936 J&J 3s Bridge 1925 J&J Broome County— 5s Hospital 1921-33.-M&S Buffalo—7s 1924 & 1925 J&J 4.90% 5.40,4.90% 1920-1954. 9634 J&J 65*4% 5.20 4s School 1921 5%4.65% 5% 4.65% 48 Sch House 1934.— J&D 95*4 4s Water May'21-'25 M&N 4*48 1925-1934 Binghamton 4s '28&'29-F&A 4s Sew Disp '22-'36_.F&A 4*4s Park 1920-'37—.J&J 3*4s Bridge 1935 F&A Brooklyn—d—6s 1924. .J&J 65*4% 5.20% 4s Bridge 1926 J&J 65*4% 5.20% 6s Parks Jan 1 1924—J&J 5.404.90' - Asbury Park—5s 1924.J&D 1944 5*4% —J&D 1933 Nutley 5s 1933 J&D Ocean City—5s 1944--- F&A Orange—5s 1923 to '32. J&J 5s Water 1938 F&A 4*4s Sewer '20 to '21-A&0 4*4s School 1943 J&D 90 Ask. (Concluded) Aubu'n-4*4s Dec6'20-31J&D No Plainfield 5s % YORK Amsterdam 6s Wat -1920-37 J&D 1920-1957-J&J 65*5% Co—4*4s 1933-_ J&J S3K 86 Bid. Bonds. Nst 1943--M&N 96 89 Ask. NEW Sewer 4s Road NEBRASKA 43^8 July 1931 Bid. Bonds. Nst.; 4s June 1 1935 Phillips Co— 4s [VOL. 110. STATE AND MUNICIPAL BONDS 52 5.29 5.25 5% 5% 5% 5% 5% 5% 5% 5% 74 76 74 76 74 76 Y4 6 6% 6% 3.30s Co 1921 Ex J&J 6 6% 3s g Dock 1924 Ex—M&N 6 6 5.50 38 g R T 1950 Exem_M&N 76 5% 5% 5% Niagara Fallen—4s Nov 1921 4.10% Sewer 1935-40. J&J 4 *4s School 1921-26. - F&A 4*4sWatM'yl'41-48M&N 4*4aRepav'29-33 regM&N 4 *4s Sew'39-'46reg_ M&N 3*4s 1942-1945-i—M&N - North Tonawanda 4a'24A&0 4X8 1920-1925 J&D Oneida Co—3*4s '21-'28F&A Onondaga Co 3s '20-'29-J&J 6 5.40 4*4s 1921-26 J&J 6 5.40 Orange Co 3*48 '2l-'24.F«b1 OsSSng—4*48 '20-'42_M&S 5 5 7(0 STATE AND MUNICIPAL BONDS June, 1920.] To Bid. Bonds. Ask. 5 Penn Yan 4.35s '20 to' 31 Oct 5 Po'keepsle 4M& 1922 5 To To Net. Oswego 4Ma 1921-29—MAN 3Ms 1921-22 AAO 53 Bid. Bonds Aak. Winston-Salem—5s '24 MAS 5s gen impt 1944. JAJ 5s Sept 1920-1947— .MAS 4 Ms July 1 1942 JAJ 4Ms July 1 1952 JAJ Net 5.50 5.50 5.50 Bid. Bonds. FAA 5 5 Queens Co—4s 1927 JAD Richmond Co—d4s g' 21 JA J Rochester—4 Ma Fdg Apr '44 4Ks Jan 15 1933 _JAJ 5 4s Fund'g Mar 20 '21—MAN Springf'd SD*53'20-'39.JAJ2 5 Steubenville *5a '21-'35 MAS 4Mb Municipal 1945. MAS 4MsPub Imp 1925-48FAA 4 Ms School 1921-45—JAJ 4 Ms 1921-1936 JAJ JAJ 4s 1922 to 1927 4s Imp Sch Ac '2l-'47. JAJ 4s Jan JAJ 1946 4s W W Imp 1947—JAJ 3>4s Imp July 1 1924.JAJ 3 Ms Ref 1933 opt '13.JAJ 3Ms Bridge Sept 1 '21.JAJ NORTH 4.70% OHIO (See foot-note *) •Akron—5s 1923 MAS 5.10 4.70% 5.10 4.70% *5s 1920-'24 A '28 Var *5s Water 1920-1953. AAO 5.10 *5Ms W W 1924 MAS •4MWWDec31'20 37J-D31 5.10 4.70% 4Ms Big Sep 1 4.70% 5.10 4.70% 5.10 4.70% 4a W W 1942 AAO Alliance 4Ms 1927-32 .JAD Ashland Co—*5 Ms Bridge Oct 15 '20-Oct 1 '23.AAO 5.10 Butler Co 4Ms '21 A '24.JAJ 4.70% 4.70% Rockland Co—4s'20-34 MAS 4s 1923 4.80 5M 5M 5M Saratoga Springs— 4#s Park 1921-40—.AAO *5Ms Fund 1921-37—JAD 4Mb Water-Wks '30.MAS 4s '21, '22, '26 A '27.FAA Scarsdale 4Mb '21-'45—JAD 8chenectady 5s '20-'33—JAJ 4J48 1921-1931 ..AAO 4 Ms Pub Mkt'21-*30 AAO 4 MS 1920-1934 JAJ 4.80 4.80 JAJ *53 Sewer 1953 MAS *53 Sewer 1931-37...MAS Canton—*58 Sew 1953.MAS dOfl 5.25 ICKfi 4.70% 5 5 5 Troy—434s 1920-1925—JAD School 1920-31—FAA 4Ms Feb 15 1921-1957— 5 4s Water 1921-1925—JAD 5 4s 5 4 Ms 5 Sept 1 1926 3Ms Water 1920-36—JAJ 1921-35. .MAN 3Ms Nov 1 1920 to '35 Nov 5 4.70 IJtica—4 Ms 4.70 Warsaw Union Fr S D No 10 4Mb 1920-1942 Oct Watertown 4Ms 1942..-JAJ 4s May 1 1938 MAN 3Ms Sewer '21 to '27 MAN 5 West Seneca 5s '20-'38_AAO 5 5 5 5 5s NOV 1 1924 5s 5.00 5s Sewer 1936 Westch'rCo3Ms'27A'28JAD 4.70% 1929-54—JAD 4.70% 4.70% 5s June 1 4MsParkwayl962-86JAD 4Mb Co Bldg 1927-44.AAO 4s Co Bldg 1921-59—MAS 4.70% 4.70% FAA 4.70 Ms San Sew '33-'82.JAJ White Plains-4s '20-'28 FAA 334s Water 1931 AAO 4Mb Fund '21 A '22—JAD 5s Refunding 1922._AAO Wolcott4MsJly 15'20-42 JAJ 4.70 4s 1930 to 1935 4 5s Fund Oct 9 5.00 5s Fire 4.75 1938 4.75 Okla 4.75 Okmulgee— 4.75 5.20 *4Ms St imp Feb 1 '34FAA *4Ms St Imp Febl'32.FAA ♦4Mb March 1949— MAS •4Mb Fire dep;21-'55.AAO 4Mb ClarkAvBdg'42_AAO 4Mb Bridge 1931 AAO 4Mb Park 1938 AAO 4.10s Paving 1930—-AAO 5.20 5.20 5.20 Columbia Co 5s Road Apr 1 1924-'29-'34 AAO Dallas City 5s '20-'26-MAN Eugene 5s 1942 MAS 4.75 4.10s Sew Const '30.AAO 4.75 AAO 4.75 -AAO 43 Sewer 1925 JAD 4s Refunding .1927..AAO 4s Park 1929 AAO 4s Park 1931 AAO 4s Park 1924 AAO 4s Grade Cross'g '30. AAO Cleveland S D *4^s '21-'35 43 1922 AAO 4.75 5 Ma 4.75 5s Water 1923 4.75 5s 4.75 4.75 4.75 4.75 Pt ofAstoria5sHar'24-'29JAJ 4.75 Pt of Coos Bay Harbor 5s. Port of Portland 5s '22..JAJ 4.75 Salem—5s Sewer'21-'33MAN JAD 4.75 PENNSYLVANIA 4.75 4Mb July 1924, 1929, 1934 1939, 1944, 1949 JAJ Allegheny—4s '22 A '27.JAJ 48 Street Impt 1937. MAN 3Ms 1920 to 1931—AAO Allegheny Co 4 Ms '43.MAN 3Ms 1932 opt 1912—.JAJ 4.75 3Ms March 1 1923..MAS Cuyahoga Co—5s 1921. AAO *58 Bridge 1920-27—AAO •5s Ref 1921-1939—AAO 48 Ref 1920 to 1926—AAO 4s 1920-1941 AAO 4.75 Albemarle 6s 1921-38.. FAA Asheville 5s Ref 1941 JAJ 5s School 1943......JAJ 100 94 94 5.50 5.50 5.50 •Dayton—53 1923-'32_MAN *5Ms W W Imp 1944.JAD ♦53 W W Imp 1945—FAA ♦4Mb W W Imp 1940.JAD •4Mb Bdge 1933-39.AAO b East Liverpool—4s 1940.JAJ Elyria 43 1920 to 1923.FAA 4s Water 1924 to '38.JAD 5s W W 1929-1946 —JAJ 5.50 Findlay City S D— 5.50 1920-1927 Foatoria—4s 1925 5.50 JAJ 5.50 5Ma Street 1921-36—FAA 5.50 AAO 5.50 JAD 5.50 4Mb Funding 1939—MAS 6s Bridge 1928-37...AAO 5.50 5 Ms 1920-1957 4Ms April 1922 BuncombeCo5s'20-'46. _ Charlotte-5sStASew'29.JAJ 5s School 1921-46 FAA 4Mb Water Mar 1935.JAJ 4Ms Water Oct 1 '41. AAO 4Ms School Oct 1 '41.JAJ 4M8 July 1 1942 JAJ Durham-4 MsSewALt '41JA J 434s Fund 1921 to 1940.__ 5s Water 1921 to 1945. JAJ 5s Fd A Sewer '20-'39 FAA Granville Co—4Ms '39 MAN Greensboro—5s W W '30 JAJ 58 Aug 11942 W FAA 4s Water-Works 1954.JAJ Greenville 5s W W '58.FAA 6s Water July 1920-24JAJ Iredell Co 5s Aug 1 '42. FAA Lee Co 5s Road 1952..MAN Lincoln Co 5s 1943 A '48 JAJ 5s Bridge 1937-1951. FAA Mecklenburg Co-6s'20.M A N 5.50 5.50 5.50 5s Impt June 1 1944. JAD Rutherford Co 5s '23-'52 JAJ Surrey Co 6s May 1933-58 Wake Co 5s Fund '48—.JAJ Weldon 6s Jan 1924-1942. __ Wilmington—5a F'd '22. JAJ 58 ref A Impt 1955.. AAO 4Mb gWat A Sew '48 AAO 4Mb Wat A Sew 1952.JAJ 4b g Ref July 1 1929..JAJ Braddock 4 Ms '20-'44.MAN 4s 1921 to 1935 MAN 4.80 Chester—3 Ms d Now part of 4Ms'32-'37-'42_ 1928 AAO '21-'40 MAS 5.50 4.75 *53 Fl-Emerg '2l-'29.MAS 5.25 Erie 8 D 4s 1920-38 *5M3HospABge'21-35FAA 5.25 Ms 1920-1937 AAO 4Mb Jan 1 1930-1946 Fayette Co 4b Road '26.AAO 43 Road 1936 AAO b 5.50 5.50 5.50 5.50 5.50 5.50 5.50 5.50 5.50 Hamilton Co *4Ms '43.FAA 4M% Oct 1 1939—AAO 4s C H J'ne '36 op '16 JAD Ironton *4M W Lakewood 4Ms W 1936 JAD '21-'39.AAO ♦4Mb Oct 1945 AAO *53 ParkAImp '20-'41AAO •Lawrence Co 53 1934. MAS Harri8burg—4s 1920.._JAJ 4s Aug 31 1926-32...MASb 4s Pub Imp '21 to '36 MAS 6 5.50 Johnstown—5s '21 op.MANft 5.50 4.80 4.80 Lorain 53 1920 to 1932._JAJ 4.80 *5s W W Ref '20-'27_MAS 5.50 4.80 58 1932 1921-41.AAO 5.50j Norwood—4Mb 1925—JAD 5.50; 5.50 5.50 5.50 3Mb Ref'30 opt'25..AAO Newark *4Ms 4s 1930 AAO Portsmouth—4s '20-'24.JADl FAA b 4 4.80 ♦4Mb Oct '20-Oct'30.AAO 5.50! Montgomery County—, 5.50 *5s Fl-Emerg '23-'42 JAD 5.50j MuskingumCo*5sOctl '20-23 5.50 5.10 4.75 Lima 4s Sewer '20 to '25AAO opt 1922 JAJ 5.50' Marietta—*4Ms'21-'33 JAD 5.50 3Ms 1931 opt 1911—FAA 5.50, Marlon 5s 1921 to '23..MAS 5.50, Martin's Fy 5s '26-'44_MAS 5.50 Mercer Co—5b '21 to '24 FAA 5.5Q Middietown4s'30op'20. FAA 5.50 5.10 4Mb Ref 1934 op '24..JAJ 5.25 4.80 5.50 4.80 5.50 4.80 4.80 4.80 4Ms Sept 1 1923 MAS 6 4Mb 1920, 1925 A 1930.._ b Building 1930 opt MAS b Lackawanna Co 4s 1944FAA6 Lancaster-—4a Jul 1920 _QAJb 4s Street Im '38op'28 AAQift 3 Ms Sewer 1934 MAS 6 Lancaster S D 4s May 1945. b LowerMerlonTp48,4 M8,4 Ms 5 McKeesport S D 4Ms 19211943 MAN Norristown 8 D 4Mb 43 JAJ; Philadelphia—4s 1937..JAJ 4Mb May 1948 JAJ 4Mb Nov 1 1948 JAJ 4 Ms March 1949 4s July 1939 JAJ 4s July 1940 July 1942 JAJ JAJ 4s Nov 1943 JAJ —JAJ JAJ 5.25 4s 25 4s 5.50. 5.25 4s Nov 1944 4.801 4s Jan . 1945 4s Jan 4.80 New York City. /Flat price, n Nominal. * Subject to taxation. By an amendment to the constitution of Ohio adopted Sept. 3 1912, bonds that State are subject to taxation. Bonds Issued prior to Jan. 1 1913 are exempt from taxation; 6 Basis, JAJ 1929 4s '37 opt 17 tax-exm.JAJ 4Mb 1930-35-40 JAJ 4.80 5.50 Franklin Co 4s '21-'25.MAS Madlsonvllle (in Cincinnati) AAO 4.80 5.75 5.25% 5.50 5.50 5.50 5.50 5.50 5.50 5.50 5.50 Bldg 1939. _JAJ 4a Highway '37 op '32 JAJ Altoona S D 48 '21 to '35AAO 5.25-/9 5.50 5.50 5s 1927 Bridge 1942. FAA b Ms 1932 opt 1922.. MAN 6 Altoona—4s '34 opt '14.JAJ 4s Ref 1936 opt 1916..JAJ 5.75 5.25% 5.75 5.25 5.75 3 FAA AAO Easton—3 Ms 5.50 5s Water Wks 1943..JAD 4.75 5.755.25% Cheater S D MAS 5s Munlc 1939 4s Easton S D 4s'24 op '24 FAA Erie—4a Street '21 op'11 JAJ Raleigh 6s 1921 JAJ 1938 4s Road 4.75 4.80 Pitt Co 58 Fund June'59 JAJ 4MS 1943-1947 4s Road 5.25 5.25 JAJ Dry Dock 1934 5.50 Lucas Co 4s C-H 1944.MAS *5 Ms WatSup'22-'30_ MAS 5s Fund 1921-1936—MAN 48 JAJ MAS *58 *53 W W Imp 4.75 5.40 5.25 5.40 5.25 MAN 4s Water 1937 5.25 Columbus S D 4s 1926. MAS 5.40 " " 5.25 Aug 1928 FAA JAJ gold Bridge 1925..AAO MAN 4Mb Dock 1943 4Ms Oct 1920-47 AAO 4s gold Bridge 1934—JAJ 4.75 AAO 5.40 5.25% Multonomah Co 4Ms'32JAD 5s Road 1921-1929—MAN Portland—5s g C H '22.JAJ 4.80 4s Wat-W '45 op 5.50 AAO Columbus—4MsSew'21MAS 1 1927 5.50 . 4Mb Water 2d ser '22 AAO 4s Sewer '33 opt 99M 4Mb Hway '24-Apr'44.AAO& 4s Highway 1923-42.-AAO * 4s Highway 1922-41—.AAO 4s Aug 11928-1933 FAA Albany 5s ref '31 op '21.AAO Astoria 5s 1953. JAD Baker City 5s 1934 MAS Clatsop Co 5s 1934 4.75 5.50 Mar 15 1943. 4.75 4.75 4.75 JAJ JAJ 5M« 5.20 4.75 .MAS 5M< 5.50 OREGON '13.MAS '20. MAS 4Ms Refund 1921 4s Refunding 1950 4s Building 1951 5.50 Payne Co 4 Ma'20 to '29 AAO *5s W W 1935-1968—JAD 4a Dec NORTH CAROLINA 5.50 5M5M< 5M' 5M« 4.75 4Mb Mar 1 '27-'56..AAO 3Ms May'21 to '24..FAA 5s April 1 1923-27 5s 1920-1938 5M< 5.50 4.75 4.75 JAJ 5.50 Co—4Ms '24-'33_JAD 5s W W Ext 4.75 Cincinnati)— 5.50 —MAS '36„AAO 9 4.75 4.75 5M( 5M< op'22 FAA Dept 1934—.JAD 4Mb Sewer 1936 FAA 4Mb W W 1941 JAJ Okla City S D 4s 1933..JAJ 5s 1926, 1930, 1931—Var. 5.00 Water July 1 1932 MAS MAS 5.00 Cleveland— 4s 97 MAN 1929 Okla City—5s '37 5s Water 1936 3 Clifton (in Yonkers—4s '21 to '25. MAS 4s Water '21 to '22..AAO 5.00 Funding 8 4s Infirmary 1921 48 Water 1921 MAN Muskogee—4Mb 1925-MAN 5.00 *4M3 Sewer 1955 AAO •4Mb Sew Sep 3'37.MAS3 43 Aug 1 1934 FAA 43 8f 1941 opt 1921...JAJ 4s Sept 15 1949 MAS 3.653 g Feb 1937 FAA 3Ms Ref '56 opt *36. MAN opt 1918—FAA *45 op '25 FAA s Ref 1952 opt '32.JAJ Water 1939 op '19.FAA Cine S D *4 Mb 1934. AAO 13 43 1936 opt 1906 MAS 3Mb 1940 opt 1912—AAO FAA Funding 1920-27 5.25 Solvay 4Ms 1920-40.—FAA Buffoik Co 4 Ms '24-'32__JAJ 434s Oct r20-'S9 AAO 4.70% OKLAHOMA Canadian Co 4s '22-'31_FAA 5.00 4.70% A Market 1920-39—MAS Ardmore—5s 1922 MAN 334s Water 1928 JAJ 3s Water July 1 1920.JAJ Tioga Co 5s 1921-30—.MAS Tona wanda 4348 '21-'42_ JAJ Warren Co 5s 1929-34.MAS Youngstown *5s '20-'25 AAO *5s Police BdgA St '20-'32 •4 Ms 1920-1957 AAO Youngstown School Dlst— •4Mb 1944-1947 MAS| Zanesville—*5a City Hall 5.15 4.90% 5.15 4.90% *4 Ma Park 1953 4.70% 4.70% Toledo Sch Dist-4s '23 to '29 4s Schenec Co 4Mb '42-'58_JAJ 4.70% 4.70% Ms Refund'g 1930. MAN 4MB Oct 15 1924-33—AAO 15 .JAJ Syracuse—4s Wat 1920.JAJ 434s 1920-35 Various 5s May 15 1920-1938 4s Refunding 1929_—JAD 4s WaterJuly 1 1920.JAJ AAO July 1 1942. _JAJ 3 5.50 *4Ms July 1943 4.70% 1926 4s Park 4s 5.50 Cincinnati—*4 Ms St732.JAJ 4.70% MAS *4Ms Gen Imp Sept 15 '20 *4 Ms Sept 1 1928 MAS 4Mb Bdg '28,'33A'38 FAA 5.75 5.30% 5.75 5.30% •Canton S D 5s 1954 -AAO8 *4 MAS *5a Sewer 1949 5M 5M 5M 5M 5M *4MsFl-Emer'21-31 MAN Cambridge—4Ms'21-'34 JAJ 3Ms Fund '21 to '24.JAD Rome 4Mb Sept 15 '31..JAJ Rye—5s Mar 10 '21-38. MAS 8aranacLake4Ms'20-26 MAS 4.458FlreHouse '20-'39JAJ '20-'21MAS| 1921-1925 Toledo *5sWW '37-'44 FAA _ 5.10 4.70% 5.10 4.70% 5.10, ♦58 1931-1934 5.50 4a 5.10 4.70% 5.10 4.70% 5.10 5.5Q DAKOTA Grand Forks 5s May '24-38 Renville Co 6s March 1922. Ward Co 4Ms July 1925.JAJ Net. Port8m'thSD3 Ms'21-22 AAO Sandusky 53 '20 to '26.FAA Springfield 5s '20 to '21 MAS 3Ms 1920 to 1930...MAS Putnam Co 4Ms '20-'29 FAA 5 A»i. . . JAJ 1 1946 . 4.85% T._ , Issued after Jan. 11913 by municipalities in To To Bid. Bonds Alt. 3Mb Water 1931 J&J 3 Ms July 1932 J&J 3 Ms July 1 1934 J&J Phifa S D 4Mb '24~'43-_J&J 48 1923-1942 J&J 58 87 5a River 87 5s Audit 86 4 M&N J&J J&J 4.85% 4.85% 4Mb '21-'38 taxable. M&N 4.85% 4.85% 4.85% 4.85% 4.85% 4 85% 4a 1921 to 1927 48 1921 to 1939 1936 48 1920 to PIttsb 8D4Ks '22-'27_.J&J 48 4s 21 to '28. A&O M&S 1923-1928 1921,1926, 1931... Schuylkill Co 3s '21 opt J&J Scranton 4Ms '20~'41._F&A 4.85 M&S 48 1921-'25-'30-'35._A&0 Scranton Sch District 4s 1923-'28-'33 A&O 5 3 Ms F&A 1920-1932 Uniontown 4s'28 tax-ex M&N Wash'n Co 4Mb 4s 1924-1933 '21-'34 M&S 4Mb Imp Ser I »23-'38A&0 4MB 1931-1940 J&J 4Mb Imp 1940-1945.-J&J Wmsport 3^8 '29op'09M&S York 4Mb 1924-1943—F&A York Co 3 Mb1920-'32.M&N 5M% 6% M&N 88 A&O 1928 91M 90M 80 H 71H 84 M 82 M M&N 85 J&D 1921. _J&J 95 4s Water 1937 3 Ma 1922 Providence—4s g 48 gold April 1927—A&O 4s May 1 1944 J&J 4s Jan 1 1945 4s ._J&J July 1956-. 5.50: Co—4MsScn'41_J&J 5.50 4s Court House 1955.J&J 1929, 1939, 1949- 5.50; 5.50! 5.50 5.50! 5.50 5.50; 5.50 5.50 5.50 5.50 5s Grade Rals 5s Road 5.50 5.601 5.60' 1944.-A&O 5s School 1920-1954.M&S 53 Wat & Sew 1921-34M&S 58 1921-1956 A&O 4Ms Grad &c'48op'28 J&J 4 MsGrad &c'49op'29 A&O 4M8 Funding 1944-_ M&N Galveston County— 58 Funded 1921-1959. A&O 90M 78M 75 M Apr 10'51op'31A&0 Harris Co 4s '47 op '17.A&O 5.60 5.60 5.50 5.60 5.60 5.60 5s Bd 5.60 15 1939-M&N RefOctl6'41 op'31 A&O 5s Mun Imp '26- 36—F&A 5s Sew Nov J&J 5.25 5.25 J&J 5.25 Greenville—5s 1940 J&J 5s Street 1942 .J&J 58 Water 1958 F&A Greenville Co4Ms'40-'55J&J Richland Co 5s 1933.__J&J Rock Hill 5s 1951 op '31. J&J 5.25 4Ms Water 1945 1923-1927 SOUTH 5.25 M&N J&D 4Ms Sewer Jan 1932—J&J Sioux Falls 5S 1931 J&D Sioux Falls S D 5s 1935-A&O TENNESSEE 1938-1955 tef 1920-1955 J&J 5.50 J&J 5.50 J&J ..J&J 5.50 5.50 1932-1953— J&J Blount Co 5s 1921, 1926, 5.50 1931, 1936, 1941, '51.J&J Chattanooga 5s 1921.A&015 4Ms Public Imp 1937.J&J 4M9 Rfg Apr 15 '39A&015 4M8 Sew,&cDec30'41 J&D 4Ma Park 1942 M&N 3Ms Jan 1 1922 J&J Cocke Co Rd & Brge— UNITED STATES—Se 58 49 5.50 VIRGINIA 5.50 6s deferred ctfs 1871 5.50: Brown Bros ctfs Lee Co—5s 5.50 Lynchburg—5s '26 op„J&J 4Ms Ref June 1 1927.J&D 4 Ms Pub Impt 1939—J&J 4M3 Pub Impt 1946..J&J 5.50 4Ms Water-wks 1949-J&J 5.50 5.50 n Nominal. 1900 op'27J&J 4s Ref 1920 to 1936.-July Appleton 4Ms 1921-32. F&A Fond du Lac 4Ms'2l-'35 Mar Green Bay 4Ms '21-'33_J&J 4s Refdg 1920 J&J Kenosha—3Ms'20op'09 J&J LaCrosse4Ms'32op'22 F&A 4s Water '31 op '21..J&D Langlade Co 4s'21 to'23Jun1 5.35 5.35 5.35 5.35 5.35 5.35 5.35 Madison—4s Oct 1931.A&O 5.35 Marshfield 4 Ms '22-'32.J&J 5.35 Milwaukee 5sl921-1939 J&J 1920-1939. J&J 4Ms 1921-1939 J&J 4MB 1920-1939 J&J 4Ms W W Jan '21-'32_ J&J 4 Ms Park 1921-1935.-J&J 4s Viaduct 1921 to '26 J&J 95 M 80 M 93M 3Ms July 1920 to '21.J&J Milwaukee Co 4s'20-'25M&S 52M Oshkosh J&J 82 85 1991—J&J 70 72 Danville—4s Refg 1931.J&J 4s June 1 1929 WhatcomCo4 Ms'22op'12J&J WEST VIRGINIA WISCONSIN 1932 opt 5.50 4Ms Funded &c 1937 J&D J&D "Riddleberger" 3s Funded debt 5.50 5s Refunding '21-'33_J&D 4Ms Lt & Pow 1929--J&J 4M3 Refdg 1931 A&O 5.35 5.35 50 5.50 Refunding 1940—M&N Tacoma— 5.35 _J&J 5.50 5.50 4Ms May 1 1931 M&N 48 Aug 1 1920-1922—F&A Spokane Co 4s '21 op '11J&D Stevens Co—4 Ms '29 op '19_ 5s Knox Co 5a 1930-1945 Knoxville—5s g 1921..A&O 3s A&O M&N '31-.M&S '20-'53_A&0 ClarksbgSD 5s'41 op'21M&S 5.30 Hancock County—5s Grant 5.30 Road Dist '46 op '32. M&N 5.30! Huntington 5s 1944 Oct 5.30 Martlnsburg 5s '43op'29 Decl 5.30 MercerCo5s'44op'24A&0 15 5.30 Parkersburg 4s Wat '29 June 5.30 4Ms June 1 1933 J&D 5.35 Wheeling—6s 1924 op__Nov 5.35 5s City 1920 op 1906.July 5.35 4Ms Bdge '24 op '06.July 5.35 4Ms Oct 1 1920-1949.-A&O Barre—3Ms'22op 1918.J&J 5.50! Middlebury 4s'4 lop'21 M&N 5.50 Rutland—4s g 1924—_ M&N >.50! April 1 1929 Clarksburg 5s VERMONT 5.50, page Capitol Bldg 1934—-J&J April 1 1935 A&O 58 April 1 1945— A&O 4MB 1941 J&D 4MS C H & Jail'42—A&O 4Mb Bdge & Sch 1947A&O / Flat price, e UTAH 5.30 5s Lib Oct 4s Charleston 4Ms'41 5.30 Davidson Co 4M8 '37opF&A Grainger Co 5s 1940...F&A Hamilton Co 5s 1944—A&O b Basis. 5.50 4 Ms Capitol Bldg 1934. A&O 4Ms Road 1939 J&J 4s Capitol Bldg 1934—J&J 5M 43 Capitol Bldg 1924 J&J 5M 3 Ms Refunding 1920. __J&J 5M Box ElderCo4 M sSch' 32 F&A 5.50 Ogden—4 Ms 1929 J&J 5.50 4Ms Refunding 1932.J&D 5.50 4Ms Ref Wat 1933..M&N 5.50 4s Ref 1921 opt 1911.J&D Ogden S D 4s '22 op '12.J&J Salt Lake City 4Ms '24.J&J 5.20% 5s Ref 1920-1928—M&S 5.20% 4 Ms May 1 1934 5.20% M&N J&J 4s Refund Jan 1921 5.20% 4 Ms ref 1934 5.20% M&N 4s Water'20 opt '10.A&O 5M 4sS & W'25 opt '15. A&O 5.30 Salt Lake City S D 4s'30J&J 5.30 4Ms Feb 1 1932 F&A 5.30 4Ms Aug 1 1933 F&A 5.30 Salt L Co 4Ms '26op'16 F&A '24, '29, '34, '39 M&N Cumberland Co 5s 1956. J&J 5s 5.50 5.25 4 Ms Rural Credit 1939.J&J Aberdeen—5s '20-'21__A&O j8 5.50 1937 J&J 5s Water-Wks 1942—J&J 4s Jan 1 1931— 5.25 DAKOTA jS July 1 1920-67 £s Ref 1920-1955 5.50 5s Sewer 5.25 58 Mar 15 1931-35- M&S 15 5a June 1 1924-'39 5.50 5.50 5.25 Spartanburg 4 Ms r35—A&O 58 Sept 1 1939 Spartanburg County— 4 Ms 5.40 Apr 10 '52 op '22—Apr 10 Waco 5s Impt 1920 M&S 5s Nov 1 1934 M&N 5.25 15 '22-A&O 15 4s Seattle SD Nol 4Ms'24 SpokaneSDNoSl 4Mb'29J&J _ Sept 1920-'63 M&S b Sept 1931-1959 b 5s St Imp Dist No 2 1943. b San Antonio S D 5s '56. F&A Tarrant Co—5s Road & Bdg 5.29 1920-1930--J&J Sewer 1927 M&S Water 1931 J&J Park 1931 J&D Light ext 1932. _J&J 6%5.50% San Antonio—5s'23-'53M&S 5.25 Ms 4Ms 4 Ms 4Ms 6% 5.50% 5.60 1921 Ms Jan 1921-1955. -J&J 4 6%5.50% 6% 5.50% 5.60 5s Ref Mar 1 1941... M&S 4 Seattle—5s 5s 4Ms Sept 1920-1952 M&N 4Ms Oct 26 '38 op'28 A&O Port Arthur 5s 1920-56 M&S Columbia—6s Port of Seattle 5s'20-'55M&S 5s 5.60 92 100 5.50 '25op'15A&0 Sept 1 1928-37 Sept opt 1916.M&S 4s Ref 1926 Snohomish Co 5s '31 op aft '21 87 '38 (tax-exm)_J&J Cheraw 5s '52 op '32. .July 1 Ms Ref July 1 '28-'36_„ 5s Spokane 5s Park 1927._J&D 4 Ms Bdge Const 1931 J&J 4Ms Water 1935 J&J 4Ms Park 1962 J&J 4 Ms Bridge 1920-36—J&J 4s Water July 1 1925.J&J 98 4s Rerg 4 Pierce Co 5s ref 5.60 5.60 1932. J&J 5M 5M 5H 5M F&A 5.60 Charleston—5a Oct '22. A&O A&O A&O opt May 1935 4Ms Mar '21 to Houston— 5s 1928 M&S 5.50 5.50 1932-1936 J&J 5s Lim debt 81 July '37 (tax-exm)_J&J J&D 1936 Refunding 1941—J&J 83 4s Sewer 1929 June 5s C't House '33 5.50 84 4s 5s King Co—5s 1928 5.50 Pacific Co— Woonsocket 4 Ms Fd '41 J&D 4MB '22-'31 J&D Bellingham 5s 1926 A&O Clallam Co—4Mb 1921 M&N Clarke Co 5s '35 op '25 Jan 1 Everett 5s July 15 1931.J&J 5.50! Apr 1951 opt '31—A&O 83M 97 WASHINGTON Aberdeen 5Ms 4MsStImp'48opaft.'28J&J 4Ms Sch '48 op aft '28 J&J 4Ms Sch'49 op aft'29. J&D 90M J&J 4Ms Pub Imp 1949—J&J 4Ms St&PkRdSep'29.J&J 48 1920 to 1930 J&J 48 1938 to 1943 J&J 48 1924 J&J 4s Jan 1 1926 J&J 48 1938 J&J 4s 1941 J&J 48 Jan 1 1942 J&J 4s 1943 J&J 5.50 5.50 Galveston— CAROLINA 5s Water 4MsHarb opt '22-'30 Novl Westerly—4a 1927 M&S 3Ma Water Feb 1929. F&A SOUTH 4s Impt March 1936- M&S Petersburg 4Mb 1952—A&O Portsmouth—4Mb 1940 F&A Lewis Co 5s 1923-32—M&S 83 M 4s Refund 1952 op — 5s 5.50 Imp 1929-M&N 4M8 Blue 1928. Municipal 1921 —F&A Municipal 1949 F&A Municipal 1969-.F&A 4 Ms Munic Impt '42 M&S 4Ms Renewal 1941--A&O 4Mb Imp July 1940._J&J 4s July 1 1932 J&J 4s Water Oct 1 1934.A&0 5s 5s 5.50! 4s 81 F&A M&N 1923.J&D 5.501 Roanoke 4 Ms Ref 1936.J&J 5.50 4 Ms St Impt May 1940— 5.50 4Ms Pub Bldg 1941. M&N 5.50 4Mb Pub Bldg 1944.M&N 5.50 4s St Impt 1936 J&J 5.50 Stafford Co 5s 1942. J&J 5.50 Tazewell Co 5s 1923-46.J&J Cleburne5sWW'52op'32.J&J Dallas—5s 1931__ J&D 5s g Aug 1928— F&A 4Ms Sch 1921-1952. M&N 4a water '47 op '17—A&O 4s Water '21 to '49—M&N 48 School 1920-'51—-J&J DallasCo4MsSep 10'5iAprl0 5s Viad & Bdge Feb 10 1954 op 1924 Apr 10 ElPaso5s WWPurch '50. A& O 5s Fund 1951 opt '31.M&S 5s School 1955 op '35-J&J 58 Imp Aug 1 1948.-F&A Fort Worth—6s 1922.-F&A 3s Sew & Funding 1941....J&D Funding 1947 A&O 3MsWat May 1'31. M&N 5,50, 5.50! 58 Sch 87 M 4s 5.50! 5.50 3M8Scb & Br 1929-M&N 4s 1953 4Ms Imp Oct 1 1942.A&O J&J 85 Feb 4Ms Sch & Sew 1938.J&J 1948 J&D 6s Ref 1928 J&J Richmond 5s '21 to '22.J&J 5.50 48 Water 5s 84 M&N 4 Ms 4s Street Nov 11941 Norfolk—5s Ren 5.50 5sSchBg&Hos'52op'32J&J 4M% Refe 1920-1946. J&J Beaumont 5s '52 op '32-A&O 5s Water Works 1954.M&S 48 1942 Opt 1922 J&D 97M 92M Newport News 4Ms '48 J&D 5.50 TEXAS 72M Newport—4Ms '21-39 M&S 4s gold 1927 F&A 4s May 15 1948 M&N 3Msg High Sch 1954 J&D Pawtucket—4 Ms 1950-J&J 4Mb Sewer 1952 J&D 5.50 5.50 4s Sewer Austin 5s 1920-1942 Johnston Lincoln—48 5.50 1921-1945 5.50: 5.50 48 7c 3s State H 83M 5.50 Ms Sewer 1923 A&O 4M8 Street 1935 J&J 4 Ms Trunk Sew 1940. J&J 4Ms High Sch 1940.-J&J 4.70 90 5.50 4 Shelby Cent Falls 4s721-'30_. F&A E Prov'ce 4s J'ne 15 '47 J&D 5.50: M&S J&D 58 Sch 6 3Ms gold SH 1934 J&J July 1938-.. A&O 1930—M&S 5.50 5.50 RobertsonCo 4s '4 lop'31. J & J Bristol—3 Msg 5.50 5.50 b M&S 4Ms 1925, 1930, 1935, 1940 1959-—A&O 1933 5S 1921-1935 ISLAND RHODE 4s Charit Inst 1965 Park 88S 5% 5% 5% b5 M% 55 M% 55M% 65M% 55M% b 5% b 5% b 5% 5.50 5.50 5.50 M&N M&N b Wilkes-Barre3 Ms'21-'29 F&A 4s 1921 to 1935 J&J -J&J (Tenn C RR) '24. M&N 1927 J&J 1928 J&J Putnam Co4Ms 1941. July 1 5 5.50 5.50 Refunding 1926.J&J Refunding 1939.J&J St Impt &c '46-F&A Park 1947 -J&J Street 1947 M&fc 4a Water 5 1921-1937 4s 5.50! Lynchburg (Concluded) 4Mb Water 1951 J&J 65M% 4s Ref Oct 1934 J&J b5 M% 1954.-J&J '23-'48A&0 Mkt'25-'49_0&J 1950 Bid. Bonds Net Memphis S D 4 Ms '59. J&J Nashville—5s Wat 1921 J&D 5s March 1933 M&S 4.85% Apr '21 to '30—A&O Reading—4a Ms 4Mb 4Ms 4 Ms 4 Ms 4Ms 4 M» 4.85% Atk 1920-1927 Term 91 4.85% 4.85% 4.85% Pittsburgh—4Ms'21-'50J&D 49 May '25 op '10-'22 M&N Bid Bonds Net. Memphis 58 July Philadelphia (Concluded) 4s Nov 1 1966 J&J 3Ms [Vol. 110. STATE ANDIMUNICIPAL BONDS 54 5 4M8 Ref Aug 1942. _F&A 1921-'41—J&J 6 b 5M 5M 5M 6 5M UHvc b 4Ms 1921-34—F&A Racine 4Ms Ref '21-'30_ F&A 4s School 1921-1923. F&A 5x2 3Ms Sch '20 op '09_July 1 Racine Co 4s '21 to '23. F&A 5M Wausau—4Ms '21-'33_A&0 WYOMING 68 Insane Asy 1921 Jan 6s Pub Bldg 1920-28—July Cheyenne 5s '31 op '11. F&A 55 BANKS as AND TRUST COMPANIES. Quotations in this department are given per share, not per cent, except for stocks of Canadian institutions, and are near as possible for the closing day of the month preceding the date of issuet though often are nominal. An asterisk (*) denotes sales. Figures of deposits, capital and profits for the national banks are from the Comptroller's last call; for all other instb they are the latest obtainable, direct returns being procured by us where no periodic statements are required. For Clearing House banks of New York, Philadelphia and Boston, deposits are taken from the latest weekly statement. tutions the ALABAMA—Nat. banks May 4; Stats institutions latest returns. Capital. Surplus dk Profits. S $ Birmingham— Amer Tr & Sav Bk Birmlng'm Tr & 8 First National Bank Traders' Nat Bank. Par. Deposits. 250,000 Bid. As I. Per 388,079 9,965,779 720,017 14,225,796 1,954,024 28,294,908 88,947 3,328,970 800,000 500,000 1,800,000 CALIFORNIA—(Concluded) Gross share. 100 155 180 275 295 Merchants' Nat Bk 100 280 300 100 145 San Diego Sav Bk. Secur Comm & S B 150 Per People's Bank 300,000 200,000 200,000 Union Com'l Bank. 200,000 822,771 12,651,772 386,301 6,831,908 304,449 5,632,703 19,897 1,315.325 San Diego— First National Bank 100 share. Mobile— First National Bank Merchants' Bank.. Capital. . 100 418 100 392- 400 100 260 265 San Francisco— 100 112 115 American Nat Bank 420 Surplus Profits. Gross Deposits. Par. Y $ Union Nat Bank. United States N Bk SouthernTr & Com¬ merce Bank—... . A 1,000,000 250,000 200,000 137,000 200,000 100,000 <149,204 <9,408,609 604,479 3,190,798 418,569 6,124,334 24,500 1,500,000 <57,907 <1,046,493 <12,517 1,000,000 2,000,000 Bid. * Ash Per share 100 120 150 100 400 410 100 300 325 150 100 140 100 100 125 100 100 105 289,294 12,035,744 100 170 185 720,333 17,354,612 100 100 3,045,427 100 8,863,777 100 164 2,955,948 122694181 250 191,277 100 4,875,397 100 215,000 100 2,332,244 114 100 571,143 12,040,701 2,907,793 61,272,152 1000 3825 100 120 493,775 13,984,929 120 248,17? 10,596,489 1,382,877 13,250,206 100 230 75 340,194 9,344,397 100 97,021 5,663,774 100 2,543,274 43,533,415 100 238 310,520 3,238,029 100 361,128 4,498,200 250 5,731,227 56,576,987 100 176 852,844 23,035,652 100 50 617,324 20,261,790 2,272,767 32,777,075 800 167 125 Anglo London-Paris Montgomery— Per Capital Nat BaDk. Exchange Nat Bank First National Bank Fourth Nat Bank— Alabama Bk&Tr Co Union Bk & Tr Co. 63,777 1,608,021 ®124,177 t)l,908,407 <484,707 »4,614,725 t>76,997 <4,534,440 41,000 700,000 101,677 1,201,777 200,000 300,000 1,000,000 800,000 300,000 100,000 100 share. 116 120 100 135 140 100 147 150 100 108 105 185 115 100 100 107 First National Bank Valley Bank share, 100 4,945,792 5,767,740 2,236,101 7,072,979 100 ARKANSAS—Nat, banks May 4; Stale institutions latest returns. Little Rock— Am Bk of Com & Tr Central Bank England Nat Bank. Exchange Nat Bank Commercial Trust. People's Sar Bank. Bankers Trust Co. . Southern Trust Co. Union <fe Merc TrCo W B Worthen Co— Pine BluffCitizens' Bank CottonBelt S&T Co Merch & Plant Bk. Simmons Nat Bank 324,347 10,046,265 16,977 890,221 72,129 2,114,766 300,109 4,867,771 38,292 763,119 82,101 2,321,272 83,214 4,398,913 180,761 4,534,787 281,444 5,752,664 292,769 1,758,204 300,000 100,000 175,000 212,000 2,093,774 66,370 '963,171 223,324 3,042,471 <243,797 <3,292,737 share. Anglo-Calif Tr Co. 100 First Federal Tr Co Union Trust Co.— San Jose— Bank of San Jose- 100 Security Sav Bank. Security State Bank 100 25 Gard C Bk & Tr Co Stockton— 100 share. First National Bank 25 Farmers Nat Bank. First National Bank Growers Nat Bank. Union Nat BankLos Angeles— Cal Sav & Com Bk. Citizens' Nat Bank Commercial Nat Bk Continental Nat... Farmers & Mer Nat First National Bank Guar Tr & Say Bk Home Sav Bank Hibernian Sav Bk. Merchants' Nat Bk Security Tr & S Bk Hellman Com T & S Citizens Tr & S Bk Los Ang Tr & S Bk. U S National Bank. Union Bank & Tr— 125,310 332,904 765,944 20,997 230,194 share. First National Bank Colo Title &Tr Co I Denver— 100 Central S Bk & Tr. 100 City Bank 100 8,432,467 1,101,057 4,218,199 Colorado Nat Bank Denver Nat Bank 165 Stock Yards NatBk Per 500,000 1,500,000 300,000 300,000 1,500,000 3,000,000 1,500,000 750,000 500,000 1,800,000 3,150,000 890,000 750,000 3,000,000 200,000 750,000 31,891 1,046,292 192,499 62,840 2,184,999 3,222,020 1,537,367 163,690 5,090,936 25,465,071 7,076,972 2,953,219 23,642,192 48,533,078 31,525,171 13,829,035 125,007' 12,869,490 624,072 25,500,481 1,973,714 74,427,230 454,667 21,221,910 325,705 12,228,735 2,067,004 41,548,928 137,788 2,569,373 141,574 5,262,968 —--316" 190 200 Drovers State Bank First National Bank Hamilton Nat Bank Merchants' Bank.. - — 326,527 5,635,877 o389,174 a7,358,705 159,142 2,633,941 113,797 1,888,277 630,110 6.778.992 400,000 500,000 166,399 3,435,747 259,574 5.729.993 <383,527 <1,294,629 Amer Bk & Tr Co— Hibernla Bk&Tr Co 'loo "3lo" 100 465 480 100 285 300 Guardian Trust Co. Home Sav & Trust. 205 100 100 190" 220 100 195 200 100 285 300 International Tr Co Interstate Trust Co Leadville— Dftfkhi A 500,000 120,000 500,000 1,000,000 250,000 200,000 1,250,000 350,000 258,217 100,000 100,000 Carbonate Nat Bk. 100 164,704 119,904 248,077 571,029 Per 500,000 100,000 Pueblo Sav & Tr Co 150 share. 210"" First Bridgeport N B 210 100 Bridgeport Tr Co— 205" Amer Bank & Tr Co West Side Bank... 100 Security Nat Bank. Union Nat Bank.. Nat Bank & Tr Co. . First Tr & Sav Bk. Union Tr & Sav Bk Sacramento— California Nat Bk. Caiifornia Tr & S B Farm & Mech S Bk N B D O Mills & Co People's Sav BankSacramento Bank. . 300,000 100,000 100,000 300,000 500,000 425,000 129,762 37,579 153,537 138,714 152,277 291,901 100 Colonial Nat Bank 100 Conn River Bkg Co First National Bank Hartford-Aetna NB Phoenix Nat Bank Farmers' Exch Nat • April 20 1920. t Dec. 31 1919. 150 210 225 rnmrnmm 100 225 100 230 80 Nov. 17 1919. 100 100 Security Trust Co. 100 Travelers B & TrCo - . ... ...... mm mm mm* mmm • * "166 109,909 39,841 1,983,797 1,794,071 <83,229 33,309 1,073,740 <152,112 20,314 <788,207 332,749 28,149 26,168 128,970 100 8,609,916 752,745 25,196,913 23,355,247 2,310,776 1.024.211 29,300,003 <5,026,008 1,134,694 <14218,057 7,072,755 1.552.212 100 Mechanics' Bank.. 100 s « share. Per share. 100 100 100 100 "loo 100 100 "loo 100 '165 100 100 869,086 4,214,745 954,707 11,644,238 43,494 3,200,065 100 790,790 1,504,008 100 1,002,211 11,406,799 164,070 3,709,671 100 29,929 31,674 share. 100 215 100 130 393,000 600,000 500,000 150,000 1,150,000 2,000,000 162,449 3,557,268 350,895 10,133,496 198,327 2,295,213 559,920 2,817,190 1,133,894 8,439,041 100 160 share. 180 100 245 260 2,815.070 14,262,980 1,198,884 18,292,918 771,774 6,450,107 406,797 3,351,273 189,870 2,558,643 1,250,000 150,000 300,000 100,000 2,009,070 14,741,248 242,709 2,262,295 450,393 3,443,893 93,942 2,683,129 150,000 1,000,000 72,097 2,593,732 1,143,709 9,646,633 654,779 8,613,540 598,702 6,796,299 1,679,427 6,463,421 <625,977 <2,767,140 185,344 4,864,726 t>946,447 t>7,454,718 772.275 3,812,744 Second Nat Bank— Un & N Hav Tr Co 650.000 h Ex-rights, April 18 1919. e share. 100 300,000 500,000 1,200,000 500,000 300,000 750,000 Ex-diildend. Feb. 19 1919. Per 100 160 100 130 Includes First Fed. Tr. Co. stk. 160 100 155 30 150 100 225 240" 100 225 240 100 295 310 100 440 100 500 100 290 305 100 475 490 100 280 100 430 100 Per First National Bank r . 250 100 loo t Capital is to be increased* n share. 175 200,000 People's Bk & TrCo •Sale price. ■ 2,750 219 Fidelity Trust Co.. Hartfond-Conn Tr Co Riverside Trust Co. Merchants' Nat Bk New Hav Bk N B A Nat Tradesm's Bk. <Feb. 28 1920. ..... 100 100 share. Bway Bk & Tr Co. 876,767 42,648 <63,877 <1,630,760 137H 400 692,474 9,178,689 439,198 5,560,626 1,360>1S7 10,957,369 465,972 8,621,636 93,717 4,351,799 34,977 1,179,636 State Bank & Tr Co United States Bank Per 100,000 100,000 ...... 252H 100 New Haven— San Bernardino California State Bk mm 500,000 664,200 1,000,000 1,000,000 100,000 100,000 1,000,000 400,000 100,000 100 372,577 10,529,779 1,000,000 380,507 6,066,795 300,000 134,397 3,395,719 350,000 800,000 <1,114,761 <7,576,504 293,174 6,482,893 500,000 861,880 12,319,452 1,000,000 —— — 140 Per City Bank & Tr Co 3,785,917 1,611,330 5,292,924 6,217,177 3,899,979 5,154,715 — 260 200 Hartford— Am Indus B & T Co Pasadena— First National Bank m 100 Per Connecticut Nat Bk 100 "75 m CONNECTICUT—Nat. banks May 4; Slate institutions latest returns. Bridgeport— City National Bank 30 100 mmmm 4000 I First National Bank 160 140 641,927 19,547,791 600,000 1,000,000 ol,245,000 al6250 000 21,779 3,233,099 238,000 155,000 7,506,000 600,000 75,000 8,000,768 600,000 1,250,000 1,135,367 39,299,097 204,412 1,172,176 100,000 » mmmmm m 100 2,166,196 1,744,277 2,062,431 5,828,143 1,779,633 100 100 — - Per American Nat Bank 100 50,000 100,000 300,000 300,000 300,000 125,000 400,000 500,000 100,000 240,000 200,000 350,000 200,000 U S National Bank Oakland— Central Sav BankCentral Nat BankFarmers & Mer Bk First National Bank First Savings Bank. Oakland Bk of Sav. State Savings Bank share. 100 100 100 m — mmm. 7 Colorado Spgs— Colorado Sav Bank Colorado Spgs NB. Exchange Nat Bank 5,950,915 7,739,764 — CANADA—See last page. 591,809 10,466,979 286,710 5,495,719 300,000 300,000 800,000 200,000 150,000 — COLORADO—Nat. banks May 4; State institutions latest returns. Fresno— Bk & Tr CoCentCal W 300,000 500,000 100,000 100,000 500,000 200.000 100 Per 465,900 300,000 City Bank Comm'l & Sav Bk. First National Bank 25 197 H .......... Per First National Bank "25 CALIFORNIA—Nat. banks May 4; State institutions latest returns. Berkeley— Berkeley Bk of S&T Wells Far Nev Nat 25 Per 200.000 3,000,000 1,000,000 1,000,000 1,000,000 1,000,000 2,000,000 1,500,000 438,200 1,500,000 500,000 500,000 6,000,000 1,500,000 1,500,000 1,200,000 French-AmBkofSav San Fran S & L Soc Humboldt Sav Bk. It&lian-Amer Bank. Mercantile Nat Bk. Merchants' Nat Bk Mission Sav Bank. Sav Un Bk & Tr Co Seaboard Nat Bank Security Sav Bank. Per 750,000 100,000 200,000 300,000 100,000 100,000 300,000 500,000 400,000 200,000 650,000 Don'hoe-Kelly BCo 200 Per 296,417 249,188 150,077 210,879 200,000 200,000 100,000 800,000 5,000,000 8,500,000 7,000,000 130,000 2,000,000 Bank of Italy Columbus S & LSoc Crocker Nat Bank. ARIZONA—Nat, banks Feb. 28; State institutions latest returns. Phoenix— Nat Bk of ArizonaPhoenix Nat Bank. Phoenix S Bk & Tr. National Bank— Bank of Calif, N A. share. 100 100 60 50 100 100 100 100 100 s Sept. 12 1919, BANKS AND TRUST COMPANIES 56 [VOL. 110. ILLINOIS—Nat. banks May 4; State institutions latest returns. »«. CONNECTICUT—(Concluded) Surplus Capital» Norwich— <3b Deposits. $ S Merchants' Nat Bk 46,920 628,717 42,707 554,537 3,386,277 747,684 Merchants Tr Co.. 300,000 200,000 800,000 400,000 100.000 Waterbury Tr Co.. 200.0001 270,884 251,677 498,017 755,174 176,677 111,742 4,820.486 5,474,967 3,395,395 6,647,135 3,047,727 3,508,629 Uncas Nat Bank I Waterbury— Par, Bid. Per Manufac's' Nat Bk Waterbuiy Nat Bk Colonial Trust Co. share, % Aurora Nat Bank.. 100 115 First National Bank 100 150 American Nat Bank 100 108 Merchants Nat Bk. 100 150 100 175 Per Citizens' Nat Bank share. Old Second Nat Bk Aurora Tr & Sav Bk 80 79 280 Amer State Bank- 100 185 Atlas Exch Nat Bk. Austin State Bank 110 Calumet Nat Bank Capital StateSavBk DELAWARE— Nat. banks May 4; State institutions latest returns. 100 125 130 Central Mfg DIs Bk Citizens State Bk. Cont & Comm N B 50 125 130 Cora Exch Nat Bk. 100 200 215 Wilmington— Per Central Nat Bank. Farmers' 210,000 500,000 Bank Nat Bk of Delaware 110,000 Union Nat Bank—. 203,175 773,000 Delaware Trust Co Equitable Trust Co Security T&S D Co Wilmington Tr Co. 142,232 1,719,462 856,993 9,248,627 184,701 1,605,771 817,579 4,691,562 323,635 5,150,204 877,970 4,202,093 886,899 5,649,995 1,023,374 +15235894 500,000 600,000 1,000,000 share. 25 90 95 Cosmopolitan St Bk Depositors State Bk 100 150 160 Drexel State Bank- 100 275 300 Drovers Nat Bank. 100 250 270 Englewood State Bk 50 122 126 First National Bank ' share. First Nat Englew'd Foreman Bros Bg Co Ft Dearborn N Bk Garfield Pk St S Bk 185 Halsted St State Bk DIST. OF COLUMBIA—Nat. banks May 4; other insts. latest returns. Washington- Per American Nat Bank Columbia Nat Bank Commercial Nat Bk Bank of Com & Sav District Nat Bank Dupont Nat BankFarm & Mech NatFederal Nat Bank Franklin Nat Bank Lincoln Nat Bank. Merchants' Bank.. Nat Bank of Wash. Nat Capital Bank. Nat Metrpo Bank. Rlggs Nat Bank Second Nat Bank— Secur Sav&Com Bk Amer Secur & TrCo 600,000 280,000 1,000,000 100,000 880,000 200,000 252,000 800,000 223,000 300,000 300,000 1,080,000 200,000 800,000 1,000,000 800,000 200,000 Continental Tr Co. Nat Sav & Tr Co.. 3,400,000 1,000,000 1,000,000 Munsey Trust Co.. 2,000,000 Union Sav Bank... Union Trust Co.— 2,000,000 United States S Bk Wash Loan <fc Tr Co 100,000 1,000,000 200,000 303,799 4,922,266 328,977 2,872,432 496,301 12,078,793 57,479 1,173,493 400,897 7,839,161 42,977 1,542,268 398,111 1,891,998 352,723 66,077 317,411 104,309 733,494 4,213,876 3,178,581 5,103,144 1,516,984 7,993,447 1,602,394 10,466,275 23,785,937 3,407,774 3,658,823 25,47o,920 3,317,172 10,673,627 4,582,607 e256,992 771,099 2,304,470 e265,710 90,937 2,404,320 220,404 1,688,327 345,497 53,699 1,627,064 596,207 6,309,492 84,679 2,142,043 1,484,901 11,740,999 100 171 100 175 100 175 10 14 100 174 180 ** — m, m » Hyde Pk State Bk. Independ'e State Bk Irving Park Nat Bk Kaspar State Bank. Krause StateSav Bk 100 100 ~240" 255" 185 100 100 — - mm m mm mmmm m Lake View State Bk Lawndale State Bk. Lincoln State Bank Live Stk Exch N Bk 165 Mad & KedStateBk 145 100 Mech <fc Trad St Bk Nat Bk of Republic 100 215 National 100 •450 100 100 195 200 City Bank Nat Produce Bank 150 165 100 205 230 100 225 100 108 111 100 265 280 North Ave State Bk NoSIdeState Sav Bk Noel State Bank. Ogden Ave StateBk People's Stock Y'ds «. - 100 "lis" 118" 200 240 245 255 Nat. banks May 4; State institutions latest returns. 380,000 el,066,179 «20575,734 750,000 662,120 12,959,775 600,000 ■: 372,330 14,392,144 Florida Nat Bank Tampa— Citizens Am Bk&Tr Bank of Commerce Exchange Nat Bank First National Bank 409,171 8,753,212 15,386 733,729 <392,100 <5,521,000 e701,549 e7,426,743 ehare. Bk 200,000 400,000 300,000 200,000 1,500,000 300,000 600,000 200,000 300,000 145,747 370,299 320,000 153,429 4,817,777 354,419 169,799 56,879 135,972 4,291,071 3,839,867 6,382,956 6,665,667 5,200,189 39,445,270 5,701,905 4,090,938 1,205,773 5,862,706 89,279 Chicago Sav Bk. State Bk of Chicago Stock Yds Sav Bk. 100 400 100 200 Union Bank of Chic 100 200 United State Bank. 500 Bk Englewood— 100 West 155 West TownStateBk Central Tr Co of 111 Trust & Sav Bk. 100 Chicago Trust Co.. Cont & Com T&S B QEORQIA—Nat. banks May 4; State institutions latest returns. Drovers Tr&Sav Bk First Tr & Sav Bk. Atlanta— Per Atlanta Nat BankCentral Bk&Tr Cor Citizens & Sou Bk. Fourth Nat Bank— Fulton Nat Bank— Ga Sav Bk & Tr Co Lowry Nat Bank— Atlanta Trust Co.. Trust Co of Georgia Augusta— Augusta Sav Bank. Georgia RR Bank. Merchants' Bank— Citizens & Sou Bk. Nat Exchange Bank Planters' L & S Bk. Union Sav Bank Columbus— 200,000 38,101 279,036 1,000,000 €1,632,140 e29337,790 1,000,000 586.867 12,155.794 2,000,000 2,726,149 46,044,404 1,200,000 2,218,074 21,208,777 750,000 €200,921 €6,040,415 500,000 141,000 1,065,000 1,000,000 1,481,114 15,300,175 1,000,000 167,377 2,262,176 1,000,000 1,658,967 1,753,286 200,000 2,000,000 400,000 50,000 100,000 30,000 414,074 318,747 2,726,149 334,002 300,000 50,000 200,000 300,000 50,000 200,000 200,000 250,000 Fourth Nat Bank— Home Savings Bank Merch & Mech Bk. First Nat BkofCol. ThlrdN atlonalBank 300 Great Lakes Tr Co. 100 155 t 285 Greenebaum Sons' Bank & Trust Co 100 8275 145 100 125 Exchange Bank Liberty Bk & Tr Co 150" 1,100,000 7,958,742 2,744,910 46,044,404 2,829,326 2,000,000 1,800,000 180,000 2,245,000 ®154,017 ®1,131,051 12,017 206,797 248,337 421,124 Illinois Tr & Sav Bk 120 Kenw'd Tr&Sav Bk Kimbell Tr&SB- 100 350 100 160 100 200 100 225 *145" 40 100 160 50 75 100 150 1,059,770 100 120 1,397,174 1,141,217 1,886,727 100 100 100 "180" share. •no" Elgin— Elgin Nat Bank First National Bank 100 •175 Home Nat Bank 100 •175 Union Nat Bank— Citizens' Trust Co. Chatham Bk&TrCo 800.000 Amer Bk & Tr Co. SavannahBk&Tr Co Elgin City B'k'g Co •175 •107 100 ♦100 100 •140 100 •95 100 ♦200 100 137^ 100 *128 IDAHO—National banks Feb. 28. 250,000 300,000 300,000 277,249 350,944 94,771 5,787,060 5,515,151 2,389,619 100 Pacific Nat Bank.. Overland Nat Bank 100,000 85,947 2,091,783 100 First Nat of Idaho. 8ale price. Aug. 31 1919. • Feb. 28 Savannah. m m m 125 m 6o| 317" 322" 00 375 385 00 130 00 200 00 173 180 237 m m m m m m m m 00 230 0G| 175 180 00 500 510 °% 370 oq 220" 230" 0<J 150 170 Ooj 130 140 00. 148 00 160 or 280 300" 00 120" 00' 110" 00 250 00 115 oc 260 270~ oc^ 200 250 140 152 oq 180 m m mmm 187 00 170 175 00^ 158 162 oc 120 127 00 0Q 190 155 mmmtm 00 00 325 mmmmm ooj oc; oo; 140 160 001 00 275" 300" 001 335" oc 325" oo; 260 00 175 00 500 517 00 425 450 001 135 150 00 118 m — oc 250 2,464,926 00 190 86,477 2,901,988 2,735,417 60,844,138 0Q 190 205 0( 240 280 00 145 700,299 5,902,186! 504,197 11,629,2491 5,621,302 72,593,197' 384,479' 5,871,796' 7,517,677,79,993,442, 363,091 8,759,877! 00 m m mm _ • 160 mmmm m mm mm mm 00 oo' "345" 00 00 "226" Ill 290,647, 4,458,726 00 195 mm' 607,704 10,149,078 00 117 120 1,500,000 1,220,986 103,777 200,000 2,000,OOC 3,967,027 185,629 300,000 5,000,000 11,058,477 260,377 200,000 20,979 100,000 335,870 500,000 137,370 250,000 69,697 200,000 55,077 200,000 162,679 250,000 5,000,000 10,519,889 92,277 200,000 299,864 500,000 2,000,000 3,931,374 338,417 600,000 475,837 500,000 00 1,299,552 30,667,177 5,160,729 oo 170 175 00, 525 550 u 323,570 224,599 00 300 235 — mm' 20,642,385 107397795 m 310 m mm 380 390 280 305 m m 00 00 195" 00 185 00 120 oc 112 or 195 $ 380 390 140 155 00 247 00 330 00 285 00 205" m m m m m 116 — mm 255 300" 265 280 00 180 200 00 200 00 155 00 155 mmmmm 165 165 140 150 300 325 300 m mm ~ ~ 258 Pet 00 snare. Hl'J 00 oc? Peoria— Central Nat Bank. Commercial Nat Bk Dime Sav & Tr Co. First National Bank Home Sav & StateState Tr & Sav Bk. Merchants & 111 NB First Tr & Sav Bk. 280,744 659,447 309,926 170,784 447,989 00 4 00 001 Quincy— Boise City— Boise City Nat Bk. Home Tr & Sav Bk 180 260 100,000 500,000 200,000 1,000,000 250 100 200 118 Quincy Nat Bank.. Rlker Nat Bank... Mercantile Tr & S B State Sav L & TrCo 100 190 225" 250" 248 2.532.271 1,456,906 4,461,926 2,100,000 7,413,036 WoodlawnTr &S Bk 145 120 00, 50,173 103,099 396,514 100,000 635,924 290 140 .... 130 0C 300,000 310 285 100 100 00, oq Illinois State Bank. 305 100 125 — share. 00 459,911 : Union Trust Co.— W Side Tr & Sav Bk 100 00 00 Stand'd Tr&Sav Bk share. 00 oc Sou West Tr & Sav. 2,726,149 46,044,404 6,343,724 1,091,823 1,370,664 1,929,473 722,117 5,985,729 955,322 3,029,641 150 5,935,449 3,009,978 1,784,794 5,371,193 3,256,063 185 2,000,000 100,000 125,000 300,000 29,864 233,167 83,440 28,298 905,120 93,024 114,829 12H 00, Sheridan Tr Sav Bk Stockmen'sTr&SBk 402,766 0C 00 9,589,919 3,146,794 Pullman Tr&SavBk 105 200,000 200,000 250,000 100,000 200,000 700,000 200,000 325 4,767,870 People's Tr&SavBk 125 170 share. Oglethorpe Sav &Tr People's Bank 300 300,000 750,000 250,00C 550,000 120,000 400,000 500,000 150,000 152H 102 128,629 472,997 0C 464,499 1,328,979 Northern Tr Co Bk Northwn Tr & S Bk 205 Per 350 1,055,778 1,606,040 1,697,166 600,000 1.878.270 1,288,276 Michigan Av Tr Co Mid-City Tr & S Bk 100 1,150,000 2,138,086 2,514,587 295 300 38,942 167,970 203,729 35,000 269,221 97,049 Merchants L&TrCo 45 e57,571 €1,280,890 2,726,149 46,044,404 721,377 14,353,790 107,249 2,414,795 60,000 275 100,000 200,000 150,000 100,000 100,000 100,000 Market Tr & Sav.. Mercantlle Tr & Sav 10 450 21,277 630,394 101,691 2,858,749 253,677 221,499 Lincoln Tr & Sav B 250 250,000 200,000 6,000,000 500,000 1,000,000 5,000,000 250,000 5,000,000 500,000 80u,uuu 3,000,000 500 0C 0C 300,000 500,000 200,000 1,000,000 200,000 2,000,000 400,000 250,000 Lakevlew T & S Bk Liberty Tr & S Bk. : 100 Ask. 0( 4,202,604 1,651,499 6,972,043 5,732,380 1,979,179 1,484,497 4,621,409 90,227,025 3,675,719 8,969,962 41,449,838 17,426,934 13,139,771 4,468,432 6,581,087 2,453,292 10,462,727 1,660,737 45,774,794 10,157,245 4,766,702 200,000 2,000,000 500,000 150,000 Savannah Merc'tileBk&TrCo J Home Bk & Tr Co. 250 Hibernia Bank of • Guarantee Tr & Sav Harris Tr & Sav Bk 100 Per Citizens' & Sou Bk. Commercial Bank. 300 100 Macon— Fourth Nat Bank.. Macon Nat Bank.. Savannah— Franklin Tr & S Bk 100 Per Citizens & Sou Bk Ft Dearb Tr&S Bk 105 100 Per share. 100,000 1,000,000 Columbus Sav Bk. Bibb National Bank: share. 100 100 200,00C 42,919 1,923,920 400,00C 394,242 4,540,000 200,000 36,894 1,016,709 200,000 43,547 4,622,963 300,000 »152,200 »4,221,700 200,000 43,901 1,979,968 500,000 289,458 5,301,999 250,000 93,512 3,296,404 21,500,000 17,590,221 321431939 5,000,000 10,561,217 105994236 200,000 56,007 1,672,390 300,000 197,429 4,049,743 350,000 225,701 6,006,731 1,000,000 556,277 16,532,936 200,000 72,144 3,708,174 10,000,000 15,477,120 196310297 150,000 334,994 6,053,067 1,500,000 1,996,449 28,415,596 5,000,000 2,801,924 61.770.766 200,000 85,244 3,299.774 200,000 64,547 1,647,919 200,000 113,172 2,830,170 200,000 40,275 2,796,942 100,000 53.214 2,783,721 500,000 350,114 11,134,063 200,000 137,228 2,748,274 200,000 26,950 2,491,100 200,000 119,224 3,182,667 200,000 37,379 1,801,037 1,250,000 1,213,639 18,751,424 200,000 128,776 3,531,719 200,000 89,241 2,324,922 2,000,000 1,541,074 30.380.767 2,000,000 1,659,204 33,320,174 600,000 228,322 6,006,017 200,000 88,220 6,048,096 200,000 58,444 2,681,273 500,000 154,991 4,519,691 200,000 25,472 1,130,753 138,107 ChicCity Bk&TrCo. American Sav Bank €2,056,019 €2,209,729 al,893,949 640,092 200,000 W ashington Pk N 1,000,000 100,000 250,000 400,000 2,5.62,290 €3,004,703 Roseland State S B Reliance State Bank South Side State— Baraett N B of Jack 310,247 el80,477 e203.744 €200,937 al35,724 65,241 Schiff State Bank.. Security Bank Per 100,000 100,00C 100.00C 100,00( 200,00C 100.00C 433,922 13,356,774 66,349 1,536,094 60,714 2,091,109 39,547 4,665,122 80,104 2,039,382 So I©— Jacksonville Atlantic Nat Bt 5ank. Bid. Par Norn inal. 500,000 200,000 200,000 200,000 200,000. Phillips State Bank Pioneer State Sav Bk Second Security FLORIDA . State 100 Deposts. % Per 100 .... Profits. ChicagoAetna State Bank.. 100 dk Ask. Aurora— $ 100,000 1,000,000 100,000 Thames Nat Bank Capital. Cross 8urplus Pro/its. 6 Oross 1920. n 100 100 b. Capital to be increased, Apr. 16 1920. » 88:::: 00 0Q 00 Capital paid in: authorized amount is larger, j Ex-dlvidend. New stock. < Feb. 21 1920. • Dec. 31 1919. t Includes trust deposits. g lie. I. t Branch of BANKS AND TRUST COMPANIES June, 1920.] ILLINOIS—(Concluded) Capital. Rockford— Commercial N at Bk Forest City Nat Bk Manuf'rs Nat Bank <t Surplus Profits, IOWA—(Concluded) Cross Deposits, Capital. Par. Bid. S Per 100,000 Began bus inesa June 1 19 20 b 100 2,654,736 254,277 310,000 100 104,027 3,501,670 200,000 2,705,784 100 ~bl in 218,971 250,000 694,117 11,567,976 100 750,000 100,000 Began bus iness May 29 1 920 100 134,492 2,382,026 125,000 100 319,877 4,008i801 500,000 Peoples Bk <fc Tr Co Rockford Nat Bank Security Nat Bank. Swedish-Am NatBk ThirdN ationalB ank 57 <3k Surpiur Profits. Urv«i> Deposits. Par. Ash. Bid. Ash. share. Sioux City— Continental Nat Bk First National Bank y200 Iowa State Sav Bk. 156 »200 Live Stock Nat BkNat Bank of Comm Sioux Nat Bk y y200 1/160 $ $ 250,000 600,000 100,000 200,000 100,000 250,000 250,000 80,000 250,000 Security Nat Bank. Woodbury Co S Bk Farmers' L & Tr Co No minal <60,496 <247,733 23,184 <169,000 <89,377 <283,230 <167,877 126,917 22,449 <2,006,945 <14933,677 3,386,233 100 <5,344,706 <4,607,906 <3,726,021 <8,757,136 3,276,700 1,788,704 100 priest 100 100 100 100 100 100 100 S Per Springfield— First National Bank Illinois Nat Bank— 500,000 300,000 600,000 300,000 Ridgely-Farm's S B Sp'gfield Marine Bk Sangamon L<fcTr Co <187,917 <4,043,111 130,097 3,158,97.1 181,477 6,849,211 685,109 5,673,693 100 3.479,693 100 48,162 300.000 share. KANSAS—Nat. banks May 4; State institutions latest returns. 100 100 Kansas CityCommercial Nat Bk 100 Per 300,000 200,000 200,000 100,009 125,000 Exchange State Bk. People's Nat Bank- Banking Trust Co_ INDIANA—Nat. banks May 4; State institutions latest returns. Kansas Trust Co— Evansville— Per Citizens' Nat Bank; City National Bank MercantileCom'lBk North Side BankOld State Nat Bank West Side Bank— 6,975,746 5,717,910 2,114,700 500,000 350,000 200,000 100,000 500,000 100,000 200,000 100,000 244,395 459.490 122,168 49,899 372,410 158,941 144,237 900,000 300,000 350,000 200,000 200,000 500,000 225,000 10,742,277 4,589,725 264,592 287,047 6,426,465 52,500 2,600,000 150,000 2,326,922 219.491 9,103,438 300,000 400,000 2,000,000 2,000,000 100,000 1,000,000 1,000,000 100,000 250,000 250,000 200,000 100,000 1,500,000 1,000,000 750,000 200,000 600,000 11,104 1,837,749 119,339 5,002,779 1,326,247 25,817,601 1,939,914 22,326,094 176,874 1,403,616 1,180,709 10,133,689 296,094 5,020,649 26,107 1,566,717 1,810,077 88,624 87,477 908,947 135,079 2,460,922 45,000 1,822,443 612,794 13,247,783 806,965 8,821,723 95,976 2.397.684 73,474 2,134,019 871,947 6,197,847 40,279 1.395.685 62,700 4,072,586 Am Tr & Say Bank Citizens Tr & S Bk_ Fort Wayne— First & Ham NatBk Lincoln Nat BankOld National BankCitizens' Trust Co. 48,447 1,012,417 6,074,951 2,948,774 2,069,072 1,009,037 100 People'sTr &Sav Co Tri-State L & Tr Co People's State Bank Aetna Tr <fe Save Co Bankers Trust Co._ Farmers Trust Co_ Fidelity Trust Co— Fletcher Say <fe Tr_ Indiana Trust Co— State Sav & Tr Co. Security Trust Co. Union Trust Co Wash Bank & Tr Co Wild & Co State Bk 100,000 100,000 Terre Haute— First National Bank <730,971 <3,288,933 494,632 3,392,092 225,497 2,228,938 599,071 5,792,765 205,409 3,914,768 500,000 500,000 300,000 500.000 500,000 McKeen Nat Bank Terre Haute Nat Bk Terre Haute Trust. United States Tr Co 100 Central Nat Bank- 100 Farmers' Nat Bank Kaw Valley Nat Bk Merchants' Nat Bk Shawnee State Bk State Savings Bank Central Trust Co- 100 100 100 100 share. 100 Wichita— Amer State BankFirst National Bank First Trust Co Fourth Nat Bank— Merch Res State Bk Ranch'ns State Bk & Trust Co Southwest State Bk Union Nat Bank-.. Union Stk Yds Nat 100 100 100 100 65 100 112 100 257 100 269 100 382 100 265 100 114 100 176 100 100 100 118 75 287" 310 100 Ced Rapids Nat Bk Merchants' Nat Bk People's Sav Bank- Security Sav Bank. Amer Tr & Sav Bk. 500,000 200,000 100,000 300,000 50,000 200,000 200,000 *400,000 *16000,000 3,531,711 132,747 53,049 2,923,391 <665,217 <16192,923 49,237 1,749,175 140,000 2,700,000 120,000 3,600,000 100 163 100 195 100 84 100 120 100 350 100 140 275 300 100 290 300 100 215 220 100 175 1200 80,000 900,000 65,000 2,200,000 <4,522 <1,253,127 <31,479 1,035,992 100 100 105 100 200 225 100 100 150 100 130 165 600,000 200,000 200,000 100,000 1,891,064 88,337 <31,097 <1,435,259 198,310 3,532,748 <246,579 <4,948,768 149,219 2,295,296 Commercial Nat Bk Coun Bluff Sav Bk. First National Bank 200,000 State Savings Bank 50,000 370" 100 300 325 100 190 200 100 190 200 100 240 250 101 155 160 Davenport Sav Bk_ First National Bank Home Sav Bank Iowa National Bank Security Sav BankScott Co Sav Bank Union Savings Bk_ Citizens' Tr & S Bk Des Moines— Bankers Trust Co— 1,151,592 15,158,738 501,058 5,324,014 <261,471 <5,560,675 39,700 1,169,000 307,977 4,541,138 975,000 127,000 354,744 5,706,380 485,000 5,000,000 42,100 1.023.743 . prices 300,000 800,000 800,000 City Nat Bk Phoenix <fc Third N B Second Nat Bank- 1,000,000 150,000 250,000 50,000 Central State Bank Commercial Sav Bk Des Moines Nat Bk Des Moines S B & T Des Moines Tr Co_ First Trust <fe S Bk Home Savings Bank Iowa Tr & Sav Bk Iowa National Bank Mechanics' Sav Bk t People's Sav BankUniversity State Bk Valley Nat Bank— Valley Sav BankIowa Loan & Tr Co 1,000,000 400,000 75,000 200,000 50,000 50,000 1,200,000 100,000 100,000 50,000 300,000 50,000 500,000 341,571 41,972 250,000 44,079 *366,829 200,690 7,377 22,439 76,839 37,410 <1,100,077 48,207 269,880 32,147 397,276 233,992 568,074 , 150,000 share 10C 100 Stock Yards Bank. 100 Fidelity & ColumTr 100 Louisville Trust Co United States Tr Co 100 100 1,000,000 500,000 500,000 200,000 <172,994 <1,482,730 <149,779 <3,738,705 <115,000 <2,303,961 60,667 55.907 365,579 470,944 212,714 190,774 125,000 First National Bank Pioneer Tr&Say Bk Union Tr & Sav Bk Iowa Tr <fc Sav Bk? Second Nat Bank. J * tale 1919 Stock price. . 75,000 200,000 150,000 150,000 300,000 200,000 275,964 5,321,419 794,933 12,842,425 258,711 2,134,896 144,702 2,394,147 <119,509 <1,077,349 6140,000 61,891,726 100 130 100 125 141 share, 175 135 135 115"" share. 100 225 230 100 195 200 100 150 100 220 225 c290 a270 100 100 500 100 250 525 /100 \ioo 165"* 100 100 160** 100 299 100 178 100 300 100 110 135 170 190'" 157** 100 " 110 Per Newport Nat Bank 100 185 100 217 115 share. 200 100 100 LOUISIANA—Nat. banks May 4; State institutions latest returns. 100 % share. 100 Per New Orleans— 100 American Bk & Tr. 200,000 400,000 500,000 100 100 share. Canal-Commercial Trust <fe Sav Bk. Int-State Tr & B Co 40,414 250,647 1,016,877 2,504,622 763,281 "loo 8,656,621 100 53,168,014 12,389,766 1,076,449 14 941,300 6,504,268 36,713,701 46,279,905 100 Whitney-Cent N B 100 Hibernia Bk&Tr Co 100 Whitney-Cent Tr & Savings Bank— 200,000 917,060 20,003,898 59,699 1,186,989 <110,941 <4,127,388 748,120 16,344,471 <944,936 <15,669 <355,919 <12075,819 105,946 2,062,710 100 Liberty Bank & Tr 100 Marine Bk & Tr Co 100 Pan-Amer Bk & Tr 100 29,240 710,197 551,530 2,612,192 2,721,964 share. 135 809,067 7,557,715 4,000,000 750,000 200,000 1,330,700 800,000 2,800,000 2,000,000 100 282 100 252 100 300 "100 200 100 200 10C 340 ICO 440 132H 142 247H 349"" mrnrn* 100 share. Shreveport— 140 144 100 180 185 100 325 330 100 308 318 *14524 073 Exchange Nat Bank 100 245 250 First National Bank 100,000 150,000 500,000 100,000 1,000,000 5,100,417 100 280 Contin'l B & Tr Co 300,000 American Bk&T Co American Nat Bank Commercial Nat Bk 140 145"" 137 142 100 100 350 355 0 250 255 100 280 300 100 165 175 485 500 1 100 100 275"" 280" 230 230 share. Per share. 10C ~ loc 10f Bangor— First National Bank Merchants' Nat Bk Eastern Tr&Bkg Co 100 100 Per 10Gj 10C MAINE—Nat. banks May 4; State institutions latest returns. 100 Merrill Trust Co.— 400,000 100,000 175,000 400,000 504,997 281,547 803,247 498,200 5,769,416 10C 150 1,369,236 7,792,769 7,032,171 IOC 280 10C 350 10C 270 160 280 240 240 Portland— Canal Nat Bank... 100 First National Bank 100 Portland Nat Bank Marine Sav Bank-. 100 Per 600,000 100,000 600,000 300,000 100 Fidelity Trust Co.. 4ob",o66 100 Casco-Merc'tile Tr. Union S D & Tr Co U S Trust Co— 500,000 250,000 100,000 100 100 debentures. * April 15 u*20 v eUnified Includes Fid. & Col. Tr. < Feb. 28 1920. * 100 ImladM one-lull dure ot Kent. Tit. 3. B. <h Tr. oom. stock. * lor I tides 165 100 1,903,966 17,885,031 100,000 100,000 American Nat Bank 100 1,814,694 1,151,714 3,246,361 1,100,000 2,938,674 2,402,295 1,300,936 i mm 100 2,858,969 3,389,966 3,425,276 1,569,371 114,677 2,251,204 128,597 4,526,939 2,863,977 33,748,173 87,367 1,028,974 890,742 3,143,774 192,696 2,180,707 928,175 131,309 Chapman Nat Bank 50,012 80,701 249,870 85,000 227,777 210,515 85,027 i 100 100 912,443 914,933 500,000 250,000 2,500,000 100,000 2,000,000 806,100 350,000 2,975,908 7.476.744 2,444,041 18,088,901 • i i 11 100 Newport— 100 100 Per share. Dubuque— Dubuque Nat Bank: Dubuque Sav Bank m ** •» Ton Louisville— Citizens' Union N B First National Bank f2,992,268 706,976 1,336,721 2,244,249 2,063,709 <21548,774 2,522,273 5,495,741 690,040 4,088,717 1,919,966 * Per share. Louisv Nat Bkg Co Nat Bk of Kentucky Per Cap City State Bk_ m 100 Lexington— Kent Tit S B & TCo //250,000l Per 700,000 300,000 200,000 50,000 150,000 150,000 250,000 400,000 100.000 * 100 Per Fayette Nat Bank. minal Davenport— Amer Com Sav Bk ...... loo Per 200,000 600,000 350,000 100,000 100,000 Liberty Nat Bank. Covington S B & Tr People's SBk&Tr. 88 ~N~o Per 120,000 100,000 150,000 100 100 Covington— First & Council Bluffs- City National Bank ' 100 Citizens' Nat Bank First National Bank 120 Lincoln Sav B & Tr Ced Rapids Sav Bk Iowa State Sav Bk. 250 KENTUCKY—Nat. banks May 4; State institutions latest returns. 100 *200 Per Merchants' Nat Bk Cedar Rapids— 100 182,900 5,830,733 150,000 1,000,000 <1,007,538 <16667,571 136,992 482,374 100,000 1,000,000 j <238,769 <10378,074 63,147 1,316,176 100,000 Prudential Trust Co 100 Burlington— 580,000 4,100,000 2,125,000 40,000 <175,229 <2,928,717 4,539,793 335,769 1,708,123 10,294 178 100 320,404 Uioo.ooo; 150,000 100,000 300,000 200,000 100,000 mm, 100 100 Liberty Ins Bank- First National Bank Iowa State Sav Bk 200 5,230,928 el59,039 «4,069,192 <30,591 <997,912 41,677 402,244 158,307 3,953,194 63,000 1,250,000 41,000 2,350,000 152,604 1,264,706 122,490 880,787 310,000 200,000 100,000 100,000 200,000 60,000 100,000 400,000 100,000 Security Bank—. Amer S Bk & Tr Co mmmmm 100 100 IOWA—Nat. banks May 4; State institutions latest returns. Burlington Sav Bk_ 400 t 100 Topeka— Bank of Topeka Indianapolis— Commercial Nat Bk Continental Nat Bk Fletcher-Am NatBk Indiana Nat BankLive Stock Exch Bk Merchants' Nat Bk National City Bank shars. 100 share *230 Per <811,271 <8,402,713 64,447 2,555,294 <83,341 <2,113,996 10,000 180,000 127,869 * , Bx-dlTldond. Dec. 31 1919 » 545,677 3,285,472 64,414 3,101,145 499,204 6,246,577 629,047 8,508,919 1,493,634 17,060,739] 634,517 13,150,211 352,118 8,610,940 936,433 367,017 165,557 2,091,732 share. 100] 100! 10C1 100 *100 10C 100] 10C Aug. 3119X8. r Not. 1 1918. .Apr. 18 (/Preferred, d Dec. 21 1918. 6 New /Common i MASSACHUSETTS—(Concluded) MAR YLAND— Nat. banks May 4; Stats institutions latest returns. Capital. Baltimore— American % Bank Bait Comm'l Bank. Calvert Bank - Canton Nat BankCitizens' Nat Bank Commonw'lth Bank 8urplu$ Profits <fc Gross Deposits. Ask. Bid. Par Per % 300,001 SOO.OOC 100,000 100,000 1.000,000 200,000 234,794 3,235,936 500,000 5,500,207 128,709 5,950,000 860,000 81,800,000 2,862,399 18,780,462 157,524 4,574,389 600,000 650,000 100,000 2,300,000 642,537 336,397 160,902 2,250,720 8769,942 1,174,209 383,241 1,232,237 <257,197 <766,474 8203,974 70,079 1,416,299 569,590 2,360,344 81,734 269,473 1,607,377 1,669,477 433,770 3,555,977 570,774 3,021,110 150,241 314,972 444,342 share. 100 •111 100 4. mm m 100 10 ♦ 41 50 « 90 National Bank.. Farm & Mer N Bk Mercantile Bank_. Merch-Mech 1st N. Nat Bank of Baltim Bank of Comm Cent Bk of Bait 1,210,700 750,000 400,000 1,500,00( Marine Bank.. Un Bk of Md_. 400,000 i,ooo,oor 350,000 150,000 500,000 500,000 1,000,000 300,000 750,000 1,350,000 1,000,000 1,000,000 1,500,000 1,000,000 1,200,000 200,000 200,000 500,000 Town Nat Bk. . Second Nat Bank-. Western Nat Bank Baltimore Trust Co Colonial Trust Co. Commerce Tr Co.. Continental Tr Co. Fidelity Trust CoMaryland Trust Co Merc Trust & Dep. Equitable Trust Co Bare Dep & Tr Co. Security Stor'ge & Tr Title Guar & Tr Co Union Trust Co—. 100 ♦200 ♦47 40 813119746 10c *180 11,204,919 2,907,244 100 *133# 11,647,933 <3.924,409 <11029,523 82,466,653 $2,119,385 3,182,958 4,902,969 17,277,709 1,666,267 922,976 5,528.770 15,089,202 7,705,739 20,514,577 12,798,782 8,075,633 769,272 7,035,088 8,318,677 - —- * 10 *38 15 Boston— Boylston Nat Bank Citizens' Nat Bank Commercial Nat Bk First National Bank 30 •41 10 m « - «• 50 *170 * 25 100 100,000 160,000 125,OOP £90,000 150,000 £150,001 200,000 424,370 72,000 182,634 55,982 61,987 183,397 269,177 5,135,606 1,768,123 2,509,419 836,315 1,301.774 2,448,446 2,363,840 30Vs 167,077 398,889 540,944 355,167 145,420 2,467,338 4,885,418 3,904,773 2,066,387 3,116,787 Old Lowell Nat Bk. Unlon Nat Bank... Wamesit Nat Bank Lowell Trust Co... Mid'sex S D & T Co *42 25 100 *510 100 *170# 100 *205 *93 50 share. 100 145 15 21 100 190 100 Per share. 2,025,834 815,721 First National Bank Merchants' Nat Bk N Bed S D & Tr Co "125"" 135"" 153 150 160 335 m Naumkeag Tr Co.. 340 Salem Trust Co.— 100 255 275 100 280 285 100 305 325 Springfield— Chapin Nat Bank.. Chicopee Nat Bank 100 425 450 Springfield Nat Bk. 100 280 285 100 210 220 100 *160 170 100 335 340 100 225 230 100 400 405 100 317 325 100 m m Commercial Tr Co. Springfield S D & T Union Trust Co.— Machinists' Nat Bk Briston County Tr. 105 170 180 100 Mechanics' Nat Bk Merchants' Nat Bk Park Trust Co—.. Worcester Bk Tr Co — 100 rnmmm 100 mm «• — m mm mf- m 100 140 ~ 100 — m — m m mm m ~ m mm Per 200,000 200,000 240,000 200,000 100 100 mmmmmm 'mmmmmm 100 100 100,000 500,000 ©267,299 3,063,904 ©383,977 ©8,383,922 1,419,217 «137,274 330,700 5,308,134 212,990 56,099 67,972 309,197 2,606,004 3,344,733 9,448,797 6,820,968 -* mm share. ———. ----- ----- 100 i 10c 115 100 200 100 110 100 160 100 *185 100 90 100 170 share ----- Per 375,000 200,000 100,000 300,000 mm ----- mmmmmmmmmrnrn ^er 500,000 200,000 mmm mm. *160 share. ~ mm mm mm mm mmm mm mm mm mm mm 100 *175 Per 100,000 ©298,394 e2,157,429 sl31,776 3,302,092 634,714 4,234,700 '600 186 sl42,222 163,000 2,600,000 75,000 3,800,000 200,000 200,000 200,000 200,000 250,000 100,000 200,000 5565,765 4,833,120 147,175 4,393,349 ©199,747 ©4,397,700 50,000 2,000,000 325,000 2,800,000 300,114 4,569 881 428,911 8,244,932 300,000 200,000 350,000 250,000 240,000 ehars 120 100 159"" 100 105 100 226 100 100 100 100 100 150 100 230 100 140 100 150 100 100 mm-mm mm 100 175 rnmmrnm rnrnmmm mmm Per 100 320 100 220 mm share. Li mmm mm mm mmm Per * share 5757,874 500,000 1,000,000 sl,487,749 472,674 300,000 8,570,053 7,778,047 4,734,943 100 300 100 207# mm 100 275 300" 200,000 164,177 2.533,755 100 120# 200,000 250,000 200,000 s306,029 240,674 45,372 2,675,339 4,062,472 1,093,869 50 90 100 175 100 100 Per Per 500,000 500,000 500,000 500,000 350,000 500,000 500,000 405,274 4,132,412 655,719 7,223,703 987,904 8,620,708 918,004 13,063,066 161,417 2,980,170 1,208,672 7,775,714 1,362,771 12,332,219 <162,911 191,999 <897,843 3,350,052 100 220 250 100 2250 m mm 529,274 10,089,707 1,196,344 16,896,799 170,497 c6,933,794 1.322,717 27,723,771 share. share. mmm 200"" 240 mm 100 300 m mmm 130 250 mmmmmm share. mm mmm — Per 200,000 1,000,000 300,000 1,500,000 m mmrnmm m mm 100 100 mm mm mmm Per 200,000 300,000 mmm 140 100 100 100 mm 100 I 100 share. 275 mmm 220 225 100 165 mmm 100 208 215 ' m mm mm 145 MICHIGAN—Nat. banks May 4; State institutions latest returns. m m mm m m mmm m mmm -. m - w 115 — 100 230,000 311,729 4,343,129 100 125 cial & Sav Bank- 400,000 629,822 9,129,585 100 210 Detroit— " 280 285 mm-mm- ~ m - m ~ • m ••• - — -- - — Amer State BankBank of Detroit Central Sav Bank.. Savings Bank Detroit Sav Bank.. 100 Dime Savings Bank 100 First & Old Nat Bk 100 First State Bank- 100 Merchants' Nat Bk Nat Bk of Comm'ce 100 147 100 115 share. - mm . Peninsular State Bk People's State Bank United Savings Bk. 100 share. 150 Detroit Trust Co— Security Trust Co. Union Trust Co.— 100 *164 120 Per 1,000.000 1,000,000 1,000,000 507,490 16,334,199 618,274 19,376,006 388,779 19,501,912 City Tr & Sav Bank 325 375 100 375 425 100 210 225 Com'cial Sav Bank Fourth Nat Bank. Gr Rap Nat C'y Bk Gr Rapids Sav Bk. Kent State Bank— Old National Bank. 100 180 100 215 190 share. 225 Per share. People's Sav Bank- 160 Grand Rap Tr Co- 379,140 466,417 5,123,933 3,306,564 100 155 100 210 National Bank.. Metacomet Nat Bk Durfee Trust Co 650,000 750,000 400,000 614,399 467,702 661,397 7,354,628 5,623,867 3,836,736 100 100 210 Fitchburg— Fitchb'g Bk&Tr Co Safety Fund N Bk_ 500,000 200,000 417,796 488,877 4,272,107 5,015,768 100 145 130 People's Sav Bank 100 285 300 Second Nat Bank— Michigan Trust Co. Massasoit-Pocasset 100 162# m — — m — m rnmmrnm — m m mmmm 100 750,000 1,402,000 1,000,000 5,000,000 1,000,000 2,000,000 1,500,000 2,500,000 5,000,000 500,000 3,000,000 1,000,000 500,000 1,000,000 130,172 10,611,100 25,577,802 36,046,917 79,777,331 13,720,360 2,123,291 1,806,141 4,403,777 506,704 1,190,974 1,880,672 1,339,490 8,517,247 216,1J2 100 100 260 280 100 100 100 m mm mm 12,242,719 28,132,329 34,371,791 100 100 218 103240491 100 325 5,962,967 4,875,977 78,991,493 2,891,507 (77,897,031 1,168,522 (73,195,248 880,292 05,717,764 100 200,000 300,000 300,000 1,000,000 400,000 500,000 800,000 200,000 300,000 200,000 130,132 2,607,505 86,927 3,072,934 303,325 4,272,004 531,977 7,879,701 424,909 10,874,196 844,747 11,357,201 1,207,424 11,104,832 126,947 2,338,645 183,417 0382,909 1,086,387 01,539,033 xuu 1,000,000 100,000 200,000 100,000 500,000 436,877 17,315,575 117,379 1,571,334 167,277 3,712,986 125,997 2,935,720 840,971 9,511,637 100 100 160 100 m m 250 . . _ 100 100 340 mmm rnm'mm 340 — mm m m 370 mm m m m m m m 100 mmm mm m 199 125 share. 100 210 100 100 share. Com'wealth Federal 100 5,503,203 ----- 1"; 100 100 .mmmrnm share. —— 200 100 Per Bay City— Bay City Bank— People's Commer¬ - mm 290 100 100 100 340 330 100 100 mm 400,000 400,000 mm Per • mm ' 100 100 <140,499 <1,302,449 mm 120 116 100 100 Per 100,000 mm 100 Per Grand Rapids— Central Trust Co.. Charles Riv Tr Co Harvard Trust Co B. Cambridge— Lechmere Nat Bank Fall River— Fall Riv Nat Bank. First National Bank mm m m mm 155 145 100 5,252,672 5,849,239 190,000 3,181,100 634,779 c6,935,301 229,599 2,635,725 353,575 4,638,322 mm mm Worcester— 155 100 Per 100,000 200,000 200,000 200,000 mm 130 100 Cam bridge— Cambridge Tr Co— mm mm Taunton— m 125 100 Third Nat Bank- WayneCoHoSavBk 444,276 479,402 253,401 mm mm mm mm Salem— Merchants Nat Bk. — Per 300,000 500,000 200,000 mm mm Peabody— Warren Nat Bank. Per 224,771 41,679 100 mm mm New Bedford— 100 Beverly— 300,000 100,000 City Bank Lynn S Dep & T Co Security Trust Co. 50 100 Manufac'rs Nat Bk State National Bank Essex Trust Co '"58"" 25 Central Nat Bank. National 100 banks date 37,001 356,010 70,174 1,316,707 3,403,793 34,639.548 188,191 t3,710,015 1,222,974 10,973,378 36,277 561,192 mm mm mm Lynn— 500 100 200,000 700,000 750,000 250,000 200,000 200,000 2,000,000 200,000 1,000,000 100,000 100 mm - Appleton Nat Bank 50 *215 Roxbury Trust , Lowell— 100 *315 100 ♦116 100 Plym'th Co Tr Co. 100,000 Merchants' Tr Co. Ask mmmmmm May 29 19 50 44,109 »1,106,501 100 481,027 7,588,000 436,717 n2,477,558 100 100 330,038 2,819,000 15,000,000 20,749,667 169743000 100 Oepomlo aj ... Brockton— Brockton Nat Bank Home Nat Bank... 308,277 Lawrence Trust Co 100 *190 Bank 2,000,000 3,021,749 27,871,000 21,724 /il,161,335 200,000 Merchants' Nat Bk 3,000,000 4,403,341 51,587,000 Nat RockBk of Rox 300,000 688,940 »5,956,218 Nat Security Bank 250,000 1,047,979 2,663,000 Nat Shawmut Bank 10,000,000 11,037,934 130790000 Nat Union Bank—. 1,000,000 1,673,839 12,421,000 428,632 710,065,836 People's Nat, Roxb 300,000 Second Nat Bank2,000,000 3,878,799 34,180,000 Web & Atlas N Bk. 1,000,000 1,595,727 10,917,000 American Trust Co 1,000,000 2,790,909 23,704,787 Beacon Trust Co. 600,000 1,459,702 17,083,431 Boston S Dep & Tr 1,000,000 3,225,072 14,611,969 Charlestown Tr Co 57,707 1,214,537 200,000 Columbia Trust Co 69,877 1,088,944 100,000 Comm'w'th Tr Co. 979,077 23,628,602 1,000,000 607,717 8,053,944 Cosmopolitan Tr Co 600,000 Dorchester Tr Co 121,967 f2,814,347 300,000 Equitable Trust Co 500,000 222,079 2,941,261 639,695 f6,186,079 Exchange Trust Co 1,000,000 Federal Trust Co— 398,179 f8,965,946 1,000,000 Fidelity Trust Co- 2,874,000 786,858 8,727,423 Hanover Trust Co. 78,171 200,000 1,388,196 Hub Trust Co 200,000 466,749 72,077 Hyde Park Tr Co. 60,747 1,363,370 200,000 Internajional Tr Co 1,500,000 2,638,494 23.487,290 Jamaica Plain Tr.. 33,571 200,000 +828,691 Liberty Trust Co— 412,000 404,069 5,112,376 Market Trust Co— 153,797 400,000 1,836,906 MasSachus'ts Tr Co 1,000,000 770,400 t9,255,468 574,324 7,879,479 Metropolitan Tr Co 500,000 New Eng Trust Co. 1,000,000 3,147,179 25,665,316 Old Colony Tr Co— 7,000,000 10,191,494 122743720 Prudential Tr Co— 95,549 200,000 1,648.840 Revere Trust 21,074 100,000 387,287 Beverly Nat Bank. Beverly Trust Co— 200,000 Bay State Nat Bk Arlington Trust Co *30 20 Bid. Lawrence— «. Per Mattapan Nat Bk. Wlnthrop Trust Co Glouces S D Tr Co- Hadley Falls Tr Co *13 10 100 *300 Fourth-AtlanticN at South Boston Tr Co State St Trust Co.. Tremont Trust Co. U S Trust Co loo'ooo Holyoke Nat Bank Park National Bank MASSACHUSETTS—Nat.bite.{etc.Boston) May 4; State inst.latest returns Back Bay National Gloucester Nat Bk 1,751,314 3,632.369 1,364,794 3,144,721 Holyoke— City National Bank 100 ♦152 Frederick— Citizens' Nat Bank Comm'l State Bank Farm & Mech N Bk Franklin Sav Bank Fred'k Co Nat Bk Fr'k Town Sav Inst Central Trust Co.. 165,772 407,721 158,479 Haverhill Nat Bank Merrimack Nat Bk Haverhill Trust Co 29 •161 Par $ 150,000 First National Bank mmm 100 Deposits. Haverhill— 12,569,977 4,353 168 3 113,478 32,348,245 25 Gross Surplus Profits. A % Gloucester— Essex Nat Bank... Exchange Bank Park Bank Capital. Cape Ann Nat Bk. Cape Ann Sav Bank *r • 50 •125 Drov & Mechanics' Nat Nat Nat Nat Nat Old [VOL. 110. BANKS AND TRUST COMPANIES 58 100 100 share. Bank of Saginaw— Commercial Nat Bk Amer State Bank- "215" 220"" 210 100 140 100 250 100 235 100 200 100 220 150 mmm mm 245 105 100 150 100 800 Per Saginaw— 130 share. inn 155 share. 100 100 100 100 Sale Price, a Capital to be increased, b New stock, k This (8 the so-called "weekly deposits," now forming capital on which dividends paid. % Ex-dividend. I Last sale, n May 4 1920. © April 22 1920. d May 10 1918. 0 Includes trust deposits. « Nov 17 1919. fSaving deposits not included in trust company returns. 0 Includes savings deposits. < Dec. 311919. sjTeb. 23 1920 are BANKS AND TRUST COMPANIES June, 1920.] MONTANA—Nat. MINNESOTA—Nat. banks May 4; State institutions latest returns. A Duluth— Profits. Amer Exch Nat Bk City National Bank First National Bank Northern Nat Bank Deposits. Par. Bid. $ % S North Amer Bank. Hennepin Co Sav Bk Mercantile State Bk Merch & Mfg St Bk Metrop Nat Bank. Midland Nat Bank Minneapolis Tr Co. Northwest Nat Bk. St Anth'y Falls Bk. South Side State Bk Union State Bank. Minn L'n & Tr Co. Bank First National Bank Merchants' Nat Bk Metropolitan Bank Miners S Bk&Tr Co Silver Bow Nat Bk. 300,000 200,000 200,000 760,092 83,299 350 100 175 Daly Bank & Tr Co 100,000 430,904 800,000 5,000,000 200,000 250,000 300,000 100,000 500,000 1,000,000 1,000,000 4,000,000 300,000 100,000 250,000 1,000,000 1,648,774 205,869 6,017,504 68,767,733 5,568,225 281,127 8,700,079 372,507 2,292,999 79,107 1,906,229 80,167 162,607 3,917,976 563,974 17,325,938 3,327,977 655,917 3,252,771 49,153,989 4,996,427 134,980 2,701,711 84,397 9 228,731 391,741 100 125 130 American Nat Bank 281 Nat Bk of Montana 3,290„403 2,139,364 100 100 6276 247,274 155,449 101,747 1,606,092 100 101,441 424,944 1,981,293 3,269,710 100 400,000 500,000 200,000 3,000,000 2,000,000 100,000 4,951,768 194,097 7,658,763 304,041 2,184,117 70,322 3,114,472 44,627,150 2,393,730 31,570,963 42,000 1,200,000 165,747 4,053,994 2,168,071 117,029 258,607 5,168,725 3,030,217 191,234 319,022 2,273,735 Nat Bank of Comm Nat Exchange First National Bank 200 100 1,001,279 275'" Conrad Tr & S Bk. 110 116 Union Bk & Tr Co. 250.000 195 200 133 140 ' Montana Tr & S Bk 100 265 100 100 100 J 00 215 225 170 175 First National Bank 250 _____ First 100 140 — — — — — — 400,000 300,000 Bank Stock Yards Nat Bk 350,000 250,000 Capital Tr <fc SavBk 500,000 Merch Tr & Sav Bk mm mm Corn Exch Nat Bk share. First National Bank 100 *165 Live Stock Nat Bk. 100 *300 Merchants' Nat Bk 100 Nebraska Nat Bank — 255" 265" 100 100 *165 — 100 *175 — — mm — Omaha Nat Bank.. Packers Nat Bank. 200,000 Stock Yds Nat Bk. 750,000 300,000 1,100,000 Bank Per Jackson— Capital Nat Bank First National Bank Jackson-State N Bk Merch Bk & Tr Co_ 219,144 84,827 175,377 U S National Bank. 150,000 100,000 300,000 100,000 First National Bank Merchants' Nat Bk 813,974 1,004,976 8350,000 s60,000 8240,000 82,300,000 8500,000 82,000,000 MISSOURI—Nat. banks Feb. 28; Asbury Park— Asb Pk & Oc Gr Bk 25 100 100 Merchants Nat Bk. 100 Asbury Park Tr Co Seacoast Trust Co. Atlantic City— State institutions latest returns. Per Bk 200,000 100,000 500,000 City Bank of KC.. Columbia Nat Bank Com'wealth Nat Bk Security Nat Bank- 250,000 1,000,000 1,000,000 1,000,000 200,000 500,000 200,000 100,000 250,000 1,000,000 1,000,000 1,000,000 100,000 200,000 Nat Bank of Comm 4,000,000 Continental Nat Bk Drovers' Nat Bank First National Bank Gate City Nat Bk. Int-State Nat Bank Live Stock State Bk Merchants' Bank.. Metropolitan Bank. Midwest N B & Tr. Nat Reserve Bank- New Eng Nat Bank Produce Exch Bank Traders' Nat Bank. State Bank Stock Yds Nat Bk. Western Exch Bank Westport Ave Bank Commerce Tr Co.. Fidelity N Bk & Tr Guaranty Trust Co Liberty Trust Co.. 200,000 100,000 300,000 250,000 100,000 1,000,000 2,000.000 500,000 250,000 200,000 250,000 267,500 250,000 Mercantile Tr Co_. Peoples Trust Co.. Pioneer Trust Co.. Fidelity Savs Tr Co St. Joseph— 1,432,051 44,692 1,806,232 38,109 2,872,889 85,679 643,547 13,137,932 2,804,776 116,546 198,793 14,997,710 100 45,975,998 4,871,063 13,401,233 1,841,006 1,519,772 938,390 8,681,120 10,219,022 24,143,595 1,890,426 2,287,129 3,110,732 123,390 1,450,964 63,635 35,709 44,347 301,887 244,733 1,061,574 102,297 109,579 dl,965,714 79,204 81,704 133,247 110,000 93,277 100 mm mm mm 100 155 100 700 100 119 100 200 100 780 100 215 100 770 100 175 Boatmen's Bank Bremen Bank Cass Avenue Bank. Central Nat Bank. Chippewa Bank... First National Bank Bank Grand Ave Bank.. Internal Bank St L Jefferson Bank Jeff-Grajvois Bank. Lafayette So Side Bk Liberty Bk of St L. Lowell Bank mm mm Atlantic S D — — — 180 1 mm Mechanics' Tr Co.. 140 160 170 100 252 258 Farm & Mer NatBk 100 300 185 Cumberland Tr Co. 200 210 100 310 315 100 225 mm 100 250 3,838,092 3,686,404 100 290 100 250 100 100 225 100 220 100 300 100 400 mm — mm 100 290 100 170 100 160 100 300 100 mm tm mm, mm National State Bk. mm mm Camden S D&T Co mm m mm mm mm mm mm mm mm mm mm mm 'mm mm mm —mm mm mm mm mm Mercantile Tr Co_. Miss Vail Trust Co 3.000.000 Nor St L Sav Tr Co 100,000 St L Union Tr Co.. Does no Savings Trust Co.. 100,000 South Side Tr Co.. 200.000 Union Station Tr._ 200,000 West St L Trust Co 200,000 * Sale price, e 100 Elizabeth Trust Co 100 mmmm mm 100 100 —————— 100 100 150 mm mm 250 100 100 mm mm mm mm Mi First National Bank mm 2523^ 100 ------ 100 297^ 100 £200 260 — — 110 200 — Hoboken Trust Co. — — mt, Jefferson Trust Co. — — — — — — — - - — — — — — — — — — —— ~ 100 170 190 mm'mm mm 100 £150 — — — 145 150 100 106 115 100 140 150 100 150 100 160 284 2,067,029 100 210 business 100 58,039 31,590 1,325,387 1,909,464 1,378,263 100 26,217 1,441,175 100 100 — - — Long BranchNat Bank Citizens' ~ — — 160 100 200 225 100 300 325 100 220 100 150 100 300 100 178 100 265 100 150 100 285 150,000 532,309 183,433 307,000 71,447 mm 185 — - mm - mm 350 - - - share. 100 3,421,639 1,752,517 2,418 757 1,219,457 100 100 100 ------ latest returns. share. Per 200,000 100,000 100,000 100,000 50,000 200,000 100,000 ; loo.ooo 100,000 150,000 600,000 200,000 100,000 411,707 3,492,967 $34,160 $1,045,270 1,012,022 55,074 1,780,197 87,376 3,738,223 100 $1,312,187 163,840 2,455,064 2,788,047 335,941 $182,990 $1,725,470 4 212,794 570,570 459,707 4,009,026 152,727 2,015,748 211.171 2,449,005 100 601,747 $144,827 100 100 100 — - National Iron Bank American — — Trust Co Morristown Tr Co. Mt. 100 - — 125 mm —— — — — — 100,000 200,000 500,000 500,000 100,000 100,000 100,000 100,000 100,000 100,000 e283,822 e507,961 e812,751 915,471 187,001 358,627 90,647 97,299 157,393 100 *251 150,000 500,000 200,000 44,349 352,988 100 267,707 250,000 350,000 100,000 300,000 134,717 6906,877 64,753 416,109 100 130 50 140 160 50 — — — ii iii "100 i i i i i i — • i i 100 250 — — rn—m share. — 100 *226 — mm — ----m 100 ♦240 -mmmm 25 *105 100 *276 25 *90 100 175 mm' 200 "ioo *§6o" §66"" 233,579 —— 135 150 100 185 200 100 250 100 mm 782,520 9,117,949 303,793 7,606,296 1,022,363 69,847 3,879,819 207,679 1,356,697 23,558,986 148,177 4,205,046 154,902 4,113,882 831,229 30,199,927 3,594,000 9,979,719 share. _ — — 150 100 320 25 105 106 100 390 ---mm _ share. 105 100 150 100 250 100 350 400 100 175 -m-mms 100 250 100 375 w ---mm 400 Per share, 100 185 100 350 100 390 100 110 100 420 435 100 230 275 100 £215 230 100,000 400,000 250,000 200,000 1,000,000 100,000 300,000 100,000 1,000,000 300,000 104,430 1,353,014 8825,000 855„320 2,645,991 109,547 538,667 99,000 1,260,697 121,902 100,000 100,000 *202,000 100 168,994 50 200,000 200,000 150,000 600,000 249,579 112,697 47,343 414,992 100 100,000 100,000 200,000 87,299 148,774 71,014 241,477 400 400 100 200 100 320 360 100 95 105 __ di a Per 50 — share. 1 220 150 125 1130 100 200 100 Per share. 41 25 40 1,219,160 50 120 125 976,844 100 110 120 9,780,351 4,669,663 4,176 430 9,284,677 100 125 100 200 100 250 260 100 235 245 755,239 Per 350,000 m i mm — — Per 220,000 250,000 100,000 100,000 1,000,000 200,000 100,000 600,000 Mfrs' Nat Bank... Merchants' Nat Bk — —— Per Br'd & Market N B "iio" 150"" g 270,544 589,847 98,789 168,070 — 185 Capita paid In; authorized amount Is larger, 100,000 150,000 150,000 150,000 300,000 200,000 240 - 437,772 Newark— American Nat Bank — — 100 4,922,705 8,511,449 Holly— Mt Holly Nat Bank Union Nat Bank 365 — 166,464 200,000 200,000 Morristown— First National Bank Farmers' Trust Co. - mm Jersey City— Claremont Bank— First National Bank Hudson Co Nat Bk Merchants' Nat Bk Commercial Tr N J Greenv Bk & Tr Co Lincoln Trust Co.. Mercantile Tr Co.. NJTGu&Tr Co. Union Trust Co_. Long Branch Bkg Co ~ 132 100 100 — 400 — — 100 — — 176H — — — 115 100 — — —— — 205 100 100 Steneck Trust Co.. Trust Co of N J— — - — 350 100 Iludson Trust Co._ — — — 100 Second Nat Bank.. Columbia Trust Co 262M — 100 — 206 114 280 — 165 140 200 — 126 100 100 — share. 100 100 mm— mm 255 mm 100 100 Union Co Trust Co Hoboken— — 160 ------ rnm mm mm ----- — share. -mmmm 1,000,000 110,194 475,274 1,373,782 2,500,000 2,170,077 33,846,794 100 310 320 5,667,464 7,331,103 100 220 --- 100 f260 -m Nat Newark & Essex Banking Co National State Bk. North Ward Nat B Amount paid in. 500,000 200,000 I; New stock. May 12 1919 d May 4 1920. e Feb. 23 1920. nlncludin? Fidelity Sav. <fc Tr. itock. i Last sale, r Minn. L. & Tr. stock. * Dec. 16 1919. tEx-rights. 6 Includes Minneapolis Trust TrCo 100 7,327,767)46,854,232 5,574,697 27,825,770, banking 37,547 100 Elizabeth— Elizabethport B Co National State Bk. 1 108,377 Essex County — mm — mm share. 134 Laclede Trust Co_. Security Trust Co West Jersey Tr Co East Orange— East Orange Bank. Sav Inv & Trust Co mm 300 250 Farm & Mer Tr Co. mm mm mm 132 City Trust Co Easton-TaylorTrCo Broadway Trust Co Central Trust Co.. Merchants' Tr CoParkside Trust Co. mm 295 100 Chouteau Trust Co * Per mm mt 226" 240 B'way Sav Tr Co. rnmrnmm 100 Camden— Camden Nat Bank. First National Bank m — mm mm 100 United States Bank American Trust Co Bayonne Trust Co. mm 193 100 South'n Com & Sav 220 — Bayonne— tm 100 Northwest'n Bank. Marine Trust Co.. " 57,244 2.273.773 7,132,342 616,677 2,437,744 164,647 1,091,477 15,233,206 700,000 9,295,708 309,279 10,191,143 2,030,843 114,129 52,700 1,150,000 1,716,299 21,500 721,623 45,547 3,096,716 44,404 1,322,783 76,370 State Nat ional Bank TrCo Equitable Trust Co 1,700,000 <11,968,719 <216683117 Night & Day Bank. - Guarantee Trust Co mm mm Nat Bank of Comm 10,000,000 <$4,183,776 <262940309 150,000 200,000 100,000 2,000,000 1,000,000 1,000,000 200,000 100,000 100,000 100,000 200,000 100,000 3,000,000 Union Nat Bank 790 Per Bank m 100 100 St. Louis— Franklin mm 100 Merch Laclede Nat Missouri Val Tr Co Second Nat Bank.. mm Bridgeton— Bridgeton Nat Bk. Cumberland NatBk Manchester Bank.. Tootle-Lacy N Bk. Chelsea Nat Bank. 5,743,167 1,996,177 2,634,607 2,725,954 1.105.772 1,170,744 35,602,139 1,176,977 34,749,749 717,772 56,491 2,957,090 55,990 112,270 2,6321,374 4,601,791 95,971 120,399 Boardwalk Nat Bk. mm 121 , 100 St Jos Stk Yds Bk. mm 158 184 55,900 1,400,000 100,000 2,000,000 1,024,199 19,213,422 4,750,000 610,000 200,000 179,147 2,818,956 100,000 455,227 19,529,776 1,000,000 2,035,342 117,761 100,000 10,000,000 d6,174,967 <2117160687 9,145,636 928,557 000,000 2,330,000 75,000 200,000 6,706,239 692,712 500,000 2,947,969 76,894 200,000 1,323,425 95,697 200,000 510,244 15,817,785 800,000 1,500,000 1,362,717 17,566,797 1,647,935 38,884 100,000 3,415,905 155,000 250,000 American Nat Bank — — Per First National Bank mm mm 215 138 100 200,000 500,000 200,000 250,000 200,000 100,000 AtlantlcCityNat Bk share, mm 100 5,116,701 182,697 <1524,140 <26,231,725 .306,322 10,697,774 4,287,048 273,499 9,887,103 255,427 1,136,900 36,602 Burnes Nat Bank.. Baden mm 200 <$49185049 395,881 mm Per 200,000 150,000 150,000 NEW JERSEY—Nat. Kansas City— Central Ex Nat — 100 164,029 3,049,719 748,092, 18,683,373 288,127 8,207,071 851,399, 12,167,799 205,944! 2,994,966 1,407,304 25,646,974 el71,014 e4,567,942 el,148,397 e9,721,794 84,714 4,893,344 1,074,209 20,157 918 I Vicksburg— Amer Bank <fc Tr Co Citizens' Nat Bank share. ■ HAMPSHIRE—National banks May 4. Amoskeag Nat Bk. First National Bank Manchester Nat Bk Merchants Nat Bk. share. »->* o o I 100 mm 200 Manchester- 2,174,982 1,510,048 1,769,380 4,071,410 t ii I l i •• 100 300 NEW 251,994 100 2,638,735 4,714,787 6,230,477 1,910,794 3,688,883 ' •• MISSISSIPPI—Nat. banks May 4; State institutions latest rteurns. 200,000 100,000 200,000 250,000 300,000 1,250,000 500,000 1,000,000 500,000 1,000,000 State mm mm 220 — — « mm mm 200 100 100 mm ----- 100 *140 •I m — 126,077 142,722 538,239 82,189 287,119 Omaha— mm mm 150,000 300,000 525,000 105,000 200,000 Savings Bank Nat Bk of Comm'ce 100 *150 *• 100 Per City National Bank 100 — 100 Lincoln— Central Nat Bank. 270" 100 100 7,658,763 100 NEBRASKA—Nat, banks May 4; State institutions latest returns. 100 100 a268 7,082,974 1,378,763 2,498,999 5,506,773 shai 4. Helena— share. 200,000 250,000 150,000 200,000 220 48,033 All. I Per 100 100 Bid. Par. $ 11' 100 Per Capital Nat Bank. Butte Cross Deposits. 1,919,674 13,027,021 5,024,776 456,192 St. Paul- American Nat Bank Surplus Profits. A Capital. 2,333,020. 18,772,331 338,179 4,159,278 1,000,000 500,000 1,000,000 500,000 Per First National Bank Central Asi. Per share. 300 Minneapolis— Bankers Nat Bank. banks_Mayjl;_Stale institutions latest returns. Cross Surplus Capital. 59 Co. m , 723.172 412,937 Ex-dividend. s April 23 1920. p Capital t Dec. 31 to be Increased, 1919. o Includes 60 BANKS AND TRUST COMPANIES NEW JERSEY*—(Concluded) Capital. Newark (Con.)— Union Nat Bank City Trust Co Clinton Trust Co-Federal Trust Co__ Fidelity Trust Co_Ironbound Tr Co__ Liberty Trust CoNewark Trust Co.. Spr'gf'ld Ave Tr Co Washington Tr Co West Side Trust Co New Brunswick NEW 1,COO,000 200,000 100,000 1,000,000 3,000,000 200,000 100,000 200,000 100,000 200,000 200,000 Deposits. Par. Ask. Bit. 2,551,279 27,613,711 148.579 2.910.675 129,743 3.496.079 1,100,270 11,022,294 2,867,694 26,041,371 255,644 8,883,796 43,411 1,432,890 20,000 1,772,526 65,941 3,330,645 142,297 2,406,109 416,334 6,968,971 ■ 150,000 .100,000 230,000 680,177 207,797 158,599 8,715,199 2.531.080 3,675,719 175 Chatham <fe Phenlx National Bank- 150 Chelsea Exch Bank 100 220 Chemical Nat Bank 100 300 100 250 Passalc T & 8 D Co People's Bk&Tr Co. 115 Coal & Iron Nat Bk Colonial Bank 100 110 Columbia 100 130 Com'ce, Nat Bk of. 185 100 300 share. 100 295 300 100 285 295 J 100 share. Bank... CommerT Exch Bk. Commonwealth Bk Continental BankCorn Exchange Bk. Cosmopolitan Bank East River Nat Bk_ Fifth Avenue Bank 500,000 100,000 200,000 307,981 594,347 191,112 369.580 442,631 4,913,390 2.687.676 8,543,393 5,414,733 500,000 300,000 250,000 1,000,000 250,000 160,000 600,000 300,000 350,000 725,987 »593,000 375,998 654,717 457,447 144,670 477,822 418,672 530,776 5,500 092 »5,400,000 8,969,211 18,623,793 6,048,711 2,324,774 10,570,010 5 632,703 11,831,743 100 Irving National Bk Liberty Nat Bank- 100 Lincoln Nat Bank. 150,000 200,000 800,000 100,000 256,707 4,572,556 5,260,140 8,919,190 1,901,728 100 100 Fifth National Bk. 100 First National Bank Garfield Nat Bank- 100 100 Paterson— Per First National Bank Paterson Nat Bank Second Nat Bank.. Paterson Sav Inst__ Citizens' Trust CoFranklln Trust Co. Hamllton Trust Co Paterson SD&Tr Co U 8 Trust Co City Bank,National 100 100 share. 100 100 50 Gotham Nat Bank. W R Grace & Co Bk Greenwich Bank— Hanover Nat Bank Harriman Nat Bk. 100 Import & Trad Nat 100 Industrial Bank... International Bank 100 100 ManhattanCo.Bk of Plainfield— Mechan City National Bank First National Bank Plainfield Trust Co State Trust Co 192,984 466,777 100,007 200 Mechanics' Nat Bk Trenton Bank'g Co Mercer Trust Co-Trenton Trust Co_- 250,000 500,000 1,000,000 800,000 100,000 500,000 485,390 6,924,723 710,979 7,958,130 1,550,774 15,440,388 847,277 7,453,493 219,211 4,889,921 332,097 6,863,974 <fc Metals National Bank- 100 175 Metropolitan Bank 100 250 Mutual 100 165 Nat American Bk— 200 Nemeth State Bank New Neth'land Bk_ N Y Co Nat Bank. N Y N B A, Bk of. Trenton— Broad St Nat Bank First National Bank 100 Bank 100 230 50 300 Paciflc Bank, 50 112 Park Bank, Nat— NY Produce Ex Nat 225 100 200 100 Progress Bank Public Nat Bank. NEW YORK—Nat. hks. (except N. Y. City) May 4; Slate inst. latest ret'ns. Republic Bank... Seaboard Nat Bank Second Nat Bank- Albany— Per First National Bank Mech <fc FarmersNat ComrBk&TrCo N Y State Nat Bk. Albany Trust Co— «352,100!n8,301,007 100 190 250,000 1,066,377 1.832.939 2,949,572 41,880,746 o738,330 a21709470 324,693 9.252.940 100 500 100 330 340 100 210 220 Wash H'ts, Bank of 100 160 165 Yorkville Bank 1,250,000 500,000 400,000 Nat Bk of Auburn 200,000 200,000 150,000 326,214 122,144 264,902 City National Bank First National Bank People's Trust Co. 100,000 200,000 400,000 500,000 78,682 348,537 304,120 120,998 Greenpolnt Nat Bk Hillside Bank Homestead BankMechanics' Bank. Montauk Bank Municipal Bank Nassau Nat BankNorth Side Bank- People's Nat Bank Ridgewood Nat Bk Brooklyn Trust Co. Hamllton Trust Co Kings Co Trust Co. Manufact'rs' Tr Co People's Trust Co— 2,000,000 1,500,000 130,700 2,568,100 764,300 11,455,400 274,549 3,969,900 71,800 1,763,000 107,200 2,889,900 1,008,700 36,029,000 56,600 2,090,100 89,000 1,645,700 1,345,900 16,432,700 268,900 7,781,000 262,500 5,897,700 240,100 6,833,900 2,504,200 36,755,900 1,023,900 8,852,000 2,774,400 22,091,100 2,014,900 30,911,700 1,900,100 36,585,300 Liberty Bank Manuf <fc Trad Nat Marine Trust Co— People's Bank South Side Bank Buffalo Trust Co.. Citiz Com'l Tr Co. Fidelity Trust Co— Chemung Can T Co 250,000 400,000 600,000 138,839 614,977 531,790 New York City- Deposits of N. Y. of date May 29 1920. 1920 for Nation al and Feb. of banks and trust comp may be found in our tlRy. America, Bank of— 5,500,000 Am Exch Nat Bank 5,000,000 Atlantic Nat Bank. 1,000,000 Bank of Cuba 100,000 Bank of U S 1,000,000 Battery Pk Nat Bk 1,500,000 Bowery Bank 250,000 Broadway Cent Bk 100,000 Bronx Borough Bk150,000 Bronx Nat Bank— 200,000 Bryant Park Bank200,000 Butch & Drov Nat300,000 Chase Nat Bank..15000000 Cent Mercantile Bk1 100,000 are s t De« 31^919 Nov* 17 City are Surplus an d profits ar 28 for State banks. A anies in N ew 6,051,000 6,483,700 1,069,700 101,600 476.700 1,615,800 839,800 50,600 61,300 249,971 146,100 162,500 22,227,249 68,200 page 54,811,000 250 100 350 100 180 200 266332000 100 212 216 7,938,000 9,259,000 100 425 100 210 6,749,000 75 120 157782000 100 435 n2,675,900 12,320,000 20,889,000 13,835,000 100 112 100 160 . - - --—— ----- 440 125 ----- 940 100 163 173 181599 000 100 920 940 15,113,000 100 234 240 *12663 700 100 4,527,000 20,303,000 100 195 190 — — • mm 129280000 100 1/270 815 100 e32381900 100 365 380 27,732,000 n3,427,900 6,934,000 100 530 550 100 210 199395000 100 262 79,111,000 17,722,000 100 390 100 280 ----- •WWW • 100 www WWW 268 ~ - ww m 290 111074000 50 1/220 230 9,000,000 13,679,400 161921000 2,000,000 2,910,400 36,848,000 100 1/310 318 691,700 200,000 501,000 254,400 200,000 417,200 675,700 600,000 384,200 1,000,000 2,000,000 7,040,700 1,000,000 1,697,400 5,000,000 21,582,900 13,137,000 e839,100 nl,801,300 7,567,000 14,088,000 40,481,000 25,022,000 100 164589000 100 720 1,456,800, 29,352,000 32,800 n235,000 100 355 100 2,835,100; e71713000 100 216,700jn5,253,300 100 4,395,800 47,243,000 4,450,400 19,555,000 151,200 »871,000 1,508,000 67,460,000 161,100 n5,985,400 1,571,800 20,926,000 444,000 3,566,000 670,800 13,834,000 327,700110,490,100 18,547,700 273816000 100 690 100 450 1,000,000 200,000 2,000,000 150,000 1,000,000 1,000,000 100,000 2,000,000 200,000 1,000,000 100,000 200,000 1,000,000 20,000,000 100 ----- 490 ----- w.w~w>w] 100 * — - 100 145 100 460 200 475 135 50 150 ----- m 185 100 - —— 740 i ----- ' S "355" -—— ----- —— i 100 100 "190 " 200 100 160 100 180 185 100 35u 450 100 375 ----- 100 222 232 100 270 290 100 350 356 100 160 share. 1,000,000 1,367,300 12,281,700 649,900 8,630,000 500,000 Guaranty Trust Co 25,000,000 31,607,700 646798300 Hudson Trust Co.. 500,000 695,000 7,785,100 Italian Discount 100 140 155 100 205 215 100 150 165 100 110 120 100 80 50 88 100 100 500,000 Co Trust Co Mercantile Trust— no Metropolitan Tr Co N Y L Ins & Tr Co 100 195 205 145 160 "505" 515" 100 262 100 650 700 100 195 206 272 100 y270 100 295 100 225 100 170 100 275 100 275 100 350 100 250 100 150 100 305 100 250 100 225 New York Trust Co Title Guar & Tr Co U S Mtge & Tr Co. U S Tr Co of N Y. Jamaica, L. I.— First National Bank 235" Central Bank Citizens Bank Merchants' BankLincoln Nat Bank- Securlty Trust Co. Unlon Trust Co.— > ' 360 375 382 100 332 340 100 145 100 300 ----- 100 290 295 100 385 395 ----- 100 5,994,700 21,041,700 4,000,00' 2,000,000 925,700 29,232,700 1,000,000 952,400 16,665,700 2,000,000 3,355,700'31,383,800 1,000,000 4,115,900 22,878,700 3,000,000 11,256,700 67,779,900 5,000,000 12,906,700 33,693,900 2,000,000 4,803,900 56,408,000 2,000,000 14,726,900 45,057,700 100 138 100 175 100 300 100 260 268 700 100 100 140 ----- ----- "615" 620 100 395 405 100 405 415 100 830 850 100,000 84,700 4,147,900 100 1,000,000 300,000 15,021,792 9,019,219 2,867,938 9,353,790 18,713,225 100 185 100 220 100 150 155 500,000 1,000,000 750,000 500,000 400,000 1.000,000 300,000 1,000,000 891,222 382,172 169,277 498,117 2,149,797 nl,051,314 426,970 530,877 1.144,722 704,010 601,907 100 185 200 100 235 250 nlO790843 100 2,000,000 300,000 500,000 300,000 2,500,000 1,500,000 «328,977 n348,000 el81,076 1,655,812 915,141 9,702,037 7,178,734 30,991,764 14,919,411 14,249,672 165 share. 200 230 170 100 160 WWW WW 100 115 ---WW 100 A235 250 100 400 500 100 160 165 230 share. Per Syracuse— 100 160 100 City Bank Trust Co 250 Merchants' Nat Bk 100 215 repo rted net (-■ 100 430,000 15,615,000 250.000 Nat Bank of Comm Traders' Nat Bank. Genesee Vail Tr Co Roch Tr & S D Co. 160 — 350 Per Rochester— Alliance Bank share. — Lawyers' Title & Lincoln Trust Co.. 205" 215"" — 100 & ~92~~ 100 100 Trust —— 220 920 100 - - Fulton Trust Co— Salt Springs Nat Bk and of 244 First Tr & Dep Co. Syracuse Trust Co 270 280 18,251,000 nl,386,100 100 215 100 180 n24358000 100 175 185 Union Nat Bank— 11,588,000 5,538,000 n2,820,000 100 190 200 United Nat Bank— 100 425 100 145 155"' 100 105 125 100 150 160 100 145 155 25 38 42 317366000 100 415 425 »2,613,000 150 220 Manurac'rs Nat Bk National City Bank Nat St Bk of Troy- People's Bank Security Trust Co Troy Trust Co * Capital to be increased. » Ex-dividend. * May 12 v Ex-rights, r April 111918. d April 24 1918. 1919. n 300,000 300,000 250,000 100,000 300,000 240,000 200,000 200,000 0 May 4 Feb. 28 1920. 655,392 n272,477 n417,471 155,394 n96,224 1)437,144 192,799 77,973 1920. s 15,391,700 n5,041,908 n3,823,749 1,225,062 n3,488,386 ®1,030,260 3,714,105 2,450,919 I Last sale, share. 100 205 210 100 207 210 100 200 210 100 150 100 227 230 100 240 250 Per 220 100 190"' 881,276 15,427,198 ®2,508,048 n4,755,727 ®2,698,594 33,691,391 24,816,671 Troy— 100 h210 103759000 n3,543,700 «3,418,900 n2,667,700 4,091,000 100 Fidelity Trust Co.. share. dale M ay 4 dm dend re cord York Ci ty an d Broo klyn and 7nd." Sec., 15,838,000 16,319,000 22,603,000 135 1210 1125 100 e 393 175 — Third Nat Bank— banks 387 125 100 1,527,440 7,728,400 8,113,422 100 165 — Per Second Nat Bank. *669458000 100 Elmira— Merchants' Nat Bk 585 100 — — Per Broadway Nat Bk. Lafayette Nat Bk. 143 565 225 — ------ 100 2,500,000 2,654,127 32,756,123 200,000 83,970 3,817,369 750,000 n265,327 n4,401,041 1,500,000 1,140,147 29,306,398 2,000,000 n2,155,694 n41265967 7,500,000 9,965,417 64,369,793 1,000,000 947.699 16,184,791 100,000 34,911 1,101,770 500,000 500,000 14,506,239 1,250,000 1,486,992 21,198,921 1,000,000 1,159,920 17,454,734 137 100 220 Buffalo— — 100 100 — Per 200,000 500,000 200,000 100,000 200,000 1,600,000 100,000 .200,000 1,000,000 200,000 200,000 100,000 1,500,000 500,000 500,000 100 158 Brooklyn Bank of or Cone coney Xsl'd First National Bank 3,000,000 1,000,000 1,500,000 1,000,000 500,000 9,000,000 5,000,000 1,000,000 5,000,000 285 275 120982000 n6,174,000 80,707,000 100 share. 100 1,834,135 3,242,991 5,039,871 4,834,229 Union Exch Nat Bk 500,000 500,000 800,000 7,272,400 120,700 10,004,400 58,876,200 1,580,100 1,332,000 1,560,000 31,040,300 967,900 795,700 731,900 8,776,900 38,400 796,400 2,348,500 620,500 35,505,700 1,478,200 545,900 1,017,800 1,878,000 19,529,700 1,925,100 8,651,900 506,300 337,400 10,340,400 7,161,100 2,089,300 16,146,500 155 100 Per Citizens Bank Bank Twenty-third W Bk 7,000,000 400,000 4,500,000 25,000,000 1,500,000 600,000 2,000,000 25,000,000 200,000 400,000 1,000,000 4,620,000 100,000 1,000,000 500,000 1 000,000 10,000,000 1,000,000 100 100 2,320,137 2,184,919 4,740,776 State share. American Trust Co Bankers Trust Co.. Central Union Tr Co 12,500,000 17,871,500 196885100 Columbia Trust Co 5,000,000 7,453,100! 89,108,000 Commercial Tr Co. 233,900 7,479,700 500,000 Empire Trust Co.. 2,000,000 2,008,000 50,926,400 Equitable Trust Co 12,000,000 15,662,700 221345100 Farmers' L & Tr Co 5,000,000 10,633,900 155959400 Binghamton— Bank of Buffalo. 200 Per Auburn Trust Co— Standard Bank 600,000, Auburn— Cayuga Co Nat Bk share. ill. Bid. 'or. Per 340 310 Gross Deposits. City (Con.) 100 "'Per Hobart Trust Co_- N. Y. 100 Passaic— Passaic Nat Bank-. share. Surplus Profits. Capital. 100 Per People's Nat Bank. YORK—(Continued) Gross Per Nat Bank of N J_. New Brunsw Tr Co Surplus <ft Profits. [VOL. 110. 100 A350 170 share. - -WW — 100 170 172 100 220 225 100 214 216 50 110 115 100 295 300 100 170 172 100 100 105 t June 30 1919. Includes Foreign Branch Deposits. BANKS AND TRUST COMPANIES June, 1920.) NEW YORK—(Concluded) Capital. 8urplu» <& Profits. Oneida Nat Bank.. Utica City Nat Bk. Citizens' Trust Co. 1,250,000 600,000 1,000,000 500,000 250,000 800,000 Oneida Co Trust Co Utica Tr & Dep Co OHIO—(Concluded) Oross Deposits. Utica— First National Bank 1,614,114 9,416,929 3,281,749 921,741 318,857 3,523,989 659,314 12,030,786 409,124 2,248,747 879,998 10,745,174 Par Bid. 270 100 223 228 100 112 118 100 share. 290 300 100 ~335~" 100 Per 100,000 250*000 200,000 400,000 Watertown Nat Bk North'n N Y Tr Co Westchester Astt. Per 100 «260 Watertown— City National Bank Jefferson Co NatBk 130,429 1,574,439 c392,320 c3,594,968 r324,147 02,850,709 612,124 7,312,137 200,000 200,000 6,425,453 5,828,707 139,324 283,014 200,000 50,000 150,000 200,000 100,000 100,000 Huguenot Tr Co N Rochelle Tr Co Ossining—1st Nat. Osaining Nat Bk. National 100 Nat Commercial Bk Pearl St S&TCo. share. dl58,790 d5,479,770 866,967 30,977 92,799 2,128,495 153,127 4,548,209 <1678,773 d97,022 34,927 1,215,207 100 Westches Co Nat 100,000 Mt Pleasant Bk. 50,000 100,000 300,000 50,000 100,000 Chester—1st N Mutual Trust Co Port Rye—Rye Nat Bk._ Tarry town Nat Bk 351,720 4,798,526 46,947 1,239,774 dl95,577 dl,302,909 89,290 2,221,941 0125,000 »1,153,590 130,034 1,629,219 Citizens Bank... 100,000 100,000 100,000 300,000 200,000 300,000 150,000 Cent Bk West Co County Trust Co Yonkers—First Nat Yonkers Nat Bk. Westches'r Tr Co Yonkers TrustCo 75,012 2,512,769 84,093 957,133 153,537 3,106,376 124,647 4,470,979 r52,299 rl,583,710 211,078 5,240,143 44,740 1,293,666 100 100 100 103 105 Independ'ce Tr Co. c354,967 c4,494,978 c491,997 c2,740,141 570,569 1,332,762 373,307 2,695,946 5,000 310,000 178,270 3,066,709 560,701 10,589,100 241,909 2,401,711 50 100 Hayden-Clin N Bk Huntington Nat Bk 100 200 100 190 100 225 100 100 400,000 200,000 100,000 25,000 183,772 5,614,994 64,004 3,305,348 dl21,174 d2,173,990 68,977 789,564 100 800,000 300,000 100,000 100,000 118,559 3,071,769 d212,928 d5,644,486 r209,022 r8,359,329 43,740 1,184,167 200,000 1,000,000 65,000 100,000 47,929 3,528,177 1,071,674 13,620,195 153,177 2,057,832 330,699 3,888,269 First National Bank Home Savings Bank Merchants' Bank.. Greensboro— Amer Exch Nat Bk Greensboro L & Tr. Greensboro Nat Bk Textile Bank Amer Bk& Tr Co.. Murchison Nat Bk. People's Sav Bank. Wilm Sav & Tr Co. Winston-Salem People's Nat Bank. Wachovia Bk & Tr. —- •11 1 11 t 1111 11 1 1 1 1 1 1 Nat Bk of Com'ce 100 135 100 110 100 200 100 150 mmmmm 100 100 100 170 25 80 50 310 Fargo National Bk. First National Bank Merchants Nat Bk. Northern Sav Bank Scand-Amer Bank. Security Nat Bank. 26,577 14,764 275,907 144,014 36,224 10,000 20,929 0 hare. 105 175 85 share. 100 100 100 rn ,000 City National Bank Dime Savings Bank 240,000 500,000 000,000 First National Bank 56,192 3,266,992 372,347 3,297,103 209,009 4,507,472 d921,707 dl0712700 Guthrie— First National Bank Guthrie Sav Bank. Oklahoma State Bk Cinn Bk & Tr Co.. Citizens' Nat Bank City Hall Bank Columbia B & S Co Cosmop Bk & Tr Co Court House SavBk! East End Bank j Fifth-Third Nat Bk First National Bank; Fourth Nat Bank.. Lincoln Nat Bank.! Home Sav Bank Co North Side Bank. Pearl Market Bank People's Bk & SvCo Prov S Bk & Tr Co Second Nat Bank.. South Ohio Sav Bk. Stk Yds Bk A Tr Co Union S B & Tr Co. Unity Bkg & Sv Co Western Bk <fc TrCo Central Trust Co¬ 400,000 215,000 125,000 2,000,000 100,000 100,000 250,000 100,000 50,000 3.000,000 6.000,000 500,000 500,000 50,000 75,000 200,000 200,000 1,400,000 1,000,000 100,000 100,000 1,000,000 75,000 1.000,000 1.000,000 942,137 429.000 4,771,174 7,668,000 2,356,737 6,909,890 2,377,714 2,048,413 4,965,381 917,369 416,739 32,294,278 36,591,287 10,695,676 6,523,278 932,783 1,174,874 3,727,729 2,597,704 15,208,966 6,351,736 3,394,879 First Nat b of McA Exchange Nat Bank 100 First National Bank 100 Muskogee Nat Bk. Oklahoma City- 100 100 104,349 2,012,766 300,733 258.001 176,077 43,471 27,144 1,969,587 3,739,988 1,057,639 915,339 23,974 98,000 166,497 150,077 1,220,799 471,371 167,371 147,927 973,797 3,067,000 19,465,721 78,110 2,448,467 666,234 12,148,410 1,299,877 6,661,190 100 300 355"" 100 177 180 100 180 190 100 350 380 38 90 105 110 115 100 140 100 <260 100 200 100 280 230 270 100 105 110 100 150 100 110 120 10 22 23 100 130 140 100 210 250 100 175 *175" 100 320 100 220 First Nat Bank 247'" 100 100 165"" 100 180 100 320"" 100 260 100 100 100 100 495 a 100 260 263 100 295" 100 100 245 100 321 100 207 225 100 100 150 300 100 100 share. 110 100 115 100 200 250 100 100 300"" 350~~ 100 275 350 100 215 240 100 100 195"" 226tt 100 200 225 100 260 280 100 h290 325 100 120 130 dl61,079 1,308,396 386,427 4,743,553 180,429 2,428,516 dl48,017 2,573,845 d347,412 2,387,727 d701,172 6,192,156 71,107 2,237,718 779,917 14,802,702 200,000 400,000 300,000 200,000 400,000 1,000,000 200,000 587,000 100 share, 135 145 100 a250 100 160 100 150 100 185 100 170 160 i74'" 100 100 200,000 225,000 500,000 200,000 250,000 150,000 1,000,000 1,000,000 1,000,000 1,000,000 250,000 300,000 300,000 250,000 145,274 219,340 1,433,200 350,071 450,344 308,494 683,391 947,169 962,274 2,495,227 300,000 500,000 1,500,000 1,500,000 500,000 371,991 5,312,723 612,373 5,131,874 1,766,697 17,040,989 2,251,474 15,372,337 464,297! 4,141,299 111,770 1,574,106 7,664,159 6,508,914 10,364,043 5,194,266 5,411,976 2,710,404 14,159,103 9,863,939 23,206,486 14,623,697 299,907 5,474,795 158,474 2,714,306 591,040 3,690,041 355,590 1,314,383 215" 225" 100 168 50 160 100 share. 340 100 100 "365" 305 100 305 320 100 160 180 100 204 100 200 100 320 100 220 100 100 140 '285" 100 238 Per 100,000 100 100 100 100 1 100 State institutions latest returns. Per 100,000 25,000 50,000 25,000 d55,000 d2,500,000 21,500 915,000 25,772 1,234,100 3,741 613,993 100,000 50,000 100,000 2,185,199 100 120 n76 0,000 nl6,000 t42,000 02,100,000 100 115 100 120 dl22,722 d4,627,915 116,989 2,950,026 239,534 6,142,936 84,402 3,078,963 100 115 100 110 25 125 27,039 100 130 100 110 100 110 100 105 Per 250,000 300,000 500,000 200,000 100 115 100 120 100 110 Per 500,000 d494,110 dl6041004 100,000 dl09,890 d3,533,405 500,000 618,097 12,627,069 100,000 35,717 2,364,479 100,000 22,207 1,652,916 d89,672 d2,852,966 300,000 250,000 324,179 2,918,770 300,000 j d213,710 d7,189,889 250,000 d46,979 d3,366,949 250,000 d56,417 dl,679,705 1,250,000 d 651,227 d27766 374 500,000 d 293,547 dll701 271 share. looj 100 share. share, share. share. 130 100 105 100 105 100 100 100 110 100 120 100 115 100 105 100 " Portland— g w Bates & Co.. Can Bk of Com'ce. Citizens Bank First National Bank Hartm'n <fc t'mps'n HiberniaC & SavB Ladd «fc Tilton Bk. Live Stock State Bk n'western Nat Bk. Peninsula Nat Bank 225 175 100 OREGON—National banks May 4; State institutions May 4. _ 100 100 Liberty Nat Bank. Tulsa— 275"" 50 100 Guaranty Bank Exchange Nat Bank 205 100 American Nat Bank Farmers' Nat Bank First National Bank First State Bank Okla Stk Yds, n b Security Nat Bank. Southwest Nat Bk. Tradesmens Nat Bk 40 50 100 i Sale price, 0 April 28 share. 310 100 10 3,000,000 470 8 100 Per City National Bank Per Brighton Bk&Tr Co 1,250,000 OKLAHOMA—National banks May 4; American Nat Bank Cincinnati— Atlas Nat Bank * YoungstownCity Tr & Sav Bank Muskogee— Commercial Nat Bk Central Sav Bank.. 3,741,000 2lo'" 50 100 McAlester— Canton— On. Com. ctfs. Tol Sav Bk & Tr Co Union Savs Bank.. Security State Bank 100 OHIO—National banks May 4; State institutions latest returns. 1920. Spitzer-Ror T & Bk Commer'l Nat Bk. Dollar Sav & Tr Co First National Bank State institutions latest returns. 828,192 565,727 5,708,772 2,134,172 1,862,195 879,042 381,119 Northern Nat Bank Ohio S Bk & Tr Co Second Nat Bank.. Secur S B & Tr Co- Mahoning Nat Bk. Mahoning S&Tr Co Per 100,000 50,000 300,000 100,000 100,000 50,000 100,000 share. 100 100 4,000,000 300,000 4,000,000 100 Per Com Sav B & Tr Co Dime Sav Bank Co First National Bank Guardian Tr & Sav Home Sav Bank Mer & Cl'k Sav Bk Fargo— Dakota Sav Bank.. • 100 100 NORTH DAKOTA—Nat. banks May 4; 1 100 c48,000 c2,080,000 1,000,000 T oledo— 100 1,433,604 20,755,892 Winters Nat Bank- City Tr jfe Sav Bank Dayton Sav & T Co Per 150,000 1,250,000 600,000 226"" 100 Per Merchants' Nat Bk Third Nat Bank 183 175 Per Raleigh Bkg &TrCo Wilmington— New First Nat Bk. Ohio National Bank State S Bk <fe Tr Co City National Bank Dayton Nat Bank. 275 Raleigh— Citizens Nat Bank. Comm'l Nat Bank. Merchants' Nat Bk Market Exch Bank Nat Bk of Com'ce American Nat Bank 275 100 dl41,677 dl,793,221 615,227 5,102,707 504,473 3,518,240 54,927 1,076,776 70,000 1,000,000 200,000 2,000,000 1,500,000 50 100 Dayton— . Ask. f&ari. Per Columbus Sav Bk. Commer'l Nat Bk. Fifth Ave Sav Bank 100 100,000 100,000 600,000 50,000 100,000 Fidelity Bank 500,000 40,000 675,000 39,977 2,744,155 182,394 6,309,286 300,880 5,750,613 79,299 1,134,264 623,097 6,920,790 72,627 1,161,728 861,027 6,884,903 292,040 7,992,091 168,574 3,110,008 433,719 4,685,109 639,220 8,708,528 733,494 10,355,032 222,367 2,835,247 City National Bank 100 Durham— Citizens' Nat Bank 250,000 100,000 200,000 700,000 300,000 50,000 300,000 50,000 700,000 500,000 100,000 300,000 500,000 600,000 400,000 Central Nat Bank. Citizens' Tr & Sav. 100 100 183,171 2,880,420 1,349,409 16,681,964 90,000 3,500,000 208,327 1,915,783 189,441 4,018,770 4,173,779 74,213,701 329,977 5,424,070 512,472 14,634,467 202,141 5,275,092 784,947 13,041,192 1,479,800 8,288,218 609,904 13,422,726 647,997 16,256,277 350,000 500,000 860,000 350,000 Capital City Bank- 100 100 Bid. Columbus— 100 100 50,000 1,000,000 200,000 250,000 100,000 2,500,000 Union Sav & L Co. 125 100 Par. Per 125,000 800,000 Woodl'd Av S & Tr 100 Oross Deposits. L Sh Bkg & Tr Co. State Bkg & Tr Co. Superior S & Tr Co. 50 Surplus Profits 4,217,039 53,588,544 660,920 12,909,117 5,765,967 62,863,686 4,234,240 82,467,975 1,245,949 32,619,777 3,824,544 65,107,728 107,709 2,639,179 469,707 25,502,993 209,544 8,125,907 1,440,194 14,962,035 484,807 1,878,390 594,692 14,101,477 Guardian Sav & Tr Home Sav & Trust. NORTH CAROLINA—Nat. bks. May 4; Stale institutions latest returns. 375,000 500,000 300,000 200,000 75,000 200,000 1,203,900 500,000 Bank Citizens' S & Tr Co Cleveland Trust Co First Tr & Sav Bk. White Plains— American Trust Co. . B'way Sav & Tr Co c Pleasantville— Union Nat Bank City Bank United Bk& Sav Co Union Commerce 100 Peekskill— Security Savs Bank First National Bank Forest C'y S & T Co 100 100 <fc i Clark Ave Sav Bk. Clev Sav & Loan Co Columbia S & L Co National Nat City Bank.. North Ave Bank. Commercial Nat Bk' First National Bank Mer <fc Farm N Bk.j Cleveland— Amer Sav Bank Co Central Nat Bank. Garfield Sav Bk Co Lorain St Sav BkCo New Charlotte— ( Charlotte Nat Bank Capital. 100 Per Mt Vernon Tr Co Rochelle— 345 share. 100 Ca Mt. Vernon—1st N. (il State Bank United States n Bk Security Sav <fe Tr. Per 100,000 300,000 100,000 2,500,000 100,000 200,000 1,000,000 100,000 1,000,000 200,000 200,000 1,500,000 250,000 d17,434 dl,276,474 dl28,799 d5,127,703 69,770 2,099,369 1,364,271 32,582,270 dl7,317 d483,729 165,177 5,478,732 2,062,477 22,606,707 37,717 1,183,972 503,837 26,439,070 51,114 1,713,704 79,474 3,644,200 1,824,490 29,057,911 333,240 2,880,711 share, 100 100 198h 100 130 135 100 200 210 100 100 175 100 300 100 150 100 135 100 130 100 200 100 300 175 150" 100 h New stock, k Capital to be increased, p Amount paid In. a Ex-dividend, y Last sale, d These figures date Feb. 28 r Dec. 31 1919. s Endorsed stock includes 1st Tr. & Sav. Bk. e Nor 17 1919. 0 Includes Onelds Co.Tr. Co. a Clt. t Includes Union S B & Tr. n April 17 1920. 1920. t Includes trust deposits, [Vol. 110, BANKS AND TRUST COMPANIES 63 PENNSYLVANIA—Nai. bhs. (exc. Phila.) May 4; PENNSYLVANIA—(Concluded) Stale inst. latest ret'ns. Urots aurplue Capital. Surplue dk Profite. Capital. Greet Depoeite. A Depoeitt. Profit» Allentown Nat Bk- 1,000,000 Merchants Nat Bk. 400,000 80,000 300,000 180,000 128,000 128,000 300,000 Ridge Avenue Bank Second Nat Bank— Allentown Trust Co Citizens Trust Co— Lehigh Vail Tr Co. Penn Counties Tr.. 885,797 6,229,773 <37,399 *4,763,133 677,013 55,437 746,409 5,058,711 1,575,947 203,992 211,570 2,459,885 730,670 3,122,249 153,174 1,618,600 Union Bank _Altoona Trust Co— Central Trust CoMountain C'y T Co 450,239 330,399 75,377 399,711 251,907 138,919 First National Bank Marine Nat Bank.. People's Bank 200,000 Second Nat BankCent Tr A Title Co. Erle Trust Co Secur Sav A Tr Co. 300,000 125,OOp 800,000 200,000 52,000 943,497 456,794 202,797 735,601 14,000 539,114 434,637 First National Bank 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- 30 81 85 25 85 95 50 350 375 50 80 85 Northern Nat Bank People's Nat Bank. Agrfcult'l Trust Co Farmers' Trust Co. thare. 100 325 350 Market St TAT Co 100 200 210 Manayunk Tr Co. 100 150 160 2,081,110 100 200 210 Merch Un Trust Co Mutual Trust Co.. 100 200 210 30 45 47 1,698,925 1,505,166 590,000 100 6,653,115 5,083,794 3,359,707 9,041,076 1,100,000 6,703,946 5,748,943 100 100 • _ m mm — mm mm - 98b,374 71,892 *505,000 *2,300,000 534,809 2,427,841 *304,974 *1,077,890 382,287 1,942,208 77,714 725,998 733,000 3,668,900 376,473 3,542,986 646,942 3,103,700 1,252,087 50,577 120,609 1,967,692 Northern Tr A S Co People's Trust Co. Union Trust Co.. Northern Cent Tr. Northern Trust Co. No Phila Trust Co. Nor Western Tr Co thare. m » mm mm m m mm mm mm mm mm mm mm • r mm mm mm Penn mm mm mm mm Penn 100 mm mm mm mm mm mm mm mm mm mum » mmm mm m m mm m mm - mm mm mm ------ nha*e Co for Insur Lives A Gr An Provident Life A Tr Real Est Tr Co,com do do pref 2,000,000 1,319,600 2,015,900 1,301,070 101; *625 Republic Trust Co. *62 Rittenhouse Tr Co. *405 180 Roxborough Tr Co. Tacony Trust Co.. Tioga Trust Co *415 United Sec LI A T. mm mmmm 21 m • r1 ^ m 1105 25 50 100 10C 300 Wayne June Tr Co. 100 330 West End Trust Co West Phila TAT Co 132H 25 100 372 375 531,616 10( 200 205 227,921 lOf 222 225 300,000 125,000 200,000 250,000 531,659 122,837 256,426 50,000 835,003 86,912 1,108,279 201,129 512,670 190,909 2,470,272 1,605,779 748,977 1,682,441 2,000,000 4,079,785 837,962 6,970,238 1,904,795 2,854,825 2,043,131 125 126 50 bankt date 196,227 253,291 2,404,032 78,053 697,267 4,319,170 Bank of Nor Amer. 1,000,000 Broad St Nat Bank Centennial Nat Bk. 250,000 300,000 Central Nat Bank. 1,000,000 Citizen's Bank 172,500 __ Corn Exch Nat Bk. 2,000,000 — 157 160 Allegheny Val Bank All Nations Dep Bk 100 210 215 Anchor Sav Bank.. 100 170 171 Arsenal 50 250 255 100 101 102 Bank of Pittsb, N A Bk of Secured Savs. 100 600 002 Citizens Sav Bank. 50 135 140 City Deposit Bank. 50 270 275 50 ) 15 118 Columbla Nat Bank Diamond Nat Bank Dollar Sav Bank. May 22 1920 do 82,749,377 100 83,446,021 10( 23,558,000 s 1,407,833 50 10« 5,115,000 10< 21,951,000 50 676,400 10( 4,316,577 50,013,000 Eighth Nat Bank. First National Bank Fourth St Nat Bank Franklin Nat Bank Girard Nat Bank- Kensington Nat Bk Manayunk Nat Bk Market St Nat Bk. Middle City Bank. Nat Bk of Germ't'n Nat Security Bank. Ninth Nat Bank.— Northern Nat Bank Northwestern N Bk Oxford Bank Penn National Bk. Philadelphia NatBk Quaker City Nat B Second Nat Bank.. Sixth Nat Bank... Southwark Nat Bk S'western Nat Bank Tenth Nat Bank... Textile Nat Bank.. Third Nat Bank. Tradesmens Nat Bk Union Nat Bank... 71,369 81,311,046 200,000 275,000 1,281,800 6,291,060 1,500,000 2,455,901 37,432,000 3,000,000 7.660.707 54,653,000 1,000,000 4,996,447 59,909,000 2,000.000 7,030,174 63,890,000 523,127 4,653,000 250,000 657,177 84,414,884 200,000 15,259,000 1,807,275 1,000,000 112,244 82,731,644 300,000 86,002,701 726,904 200,00( 1,503,307 8,149,000 250,000 ,500,000 1,274,407 10,388,000 392,924 6,048,000 400,000 884,929 5,925,000 200,000 91,291 81,551.739 250,000 1,000,000 2,425,599 13.013,000 5,000,000 10,676,109 107,700000 616,079 4,000,000 500,000 796,249 87,163,446 280,000 367,044 3,675,000 150,000 446,949 8,636,000 250,000 181,022 1,677,000 200,000 230,992 3,060,000 300,000 240,927 3,938,000 400,000 1,000,000 1,348 900 9,053,000 1,000,000 2.036.708 14,606,000 743,577 15,315,000 500,000 tha*t Per 154 Bank ... '60 First National Bank I 275 Fourteenth St Bank * 535 Freehold Bank— Homew'd Peop Bk. I ron & G1 ass Dol Sav 385 " West Phila Bank- 100, OOf 484 O X, Aid ine Trust Co... Belmont Trust Co. CentTr & Sav Co.. Chelten Trust Co.. Colonial Trust Co. Colurnbia Av Tr Co Commercial Tr Co. Com'lth T Ins A Tr Cont-EqT & T Co. Empire Tit A Tr Co Excelsior Tr A S Fd Federal Trust Co. Fidelity Trust Co.. Finance Co, 1st pref 2d preferred Frankrord Trust Co Franklin Trust Co. Germantown Tr Co Glr'd Av T & T Co. • 125,00C 780,001. 200,000 300.000 400,00( 2,000,00( 1,000,000 1,000,OOf 156,175 • }2,496.000 552 250 Manufac'rs Bank- III 111 310 Marine Nat Bank- lOf I 600 Mellon Nat Bank- 10f i 400 5< —-* 145 Metropolitan N Bk Monongahela N Bk 405 Nat Bank of Amer. I 225 Ohio Valley Bank.. .50 Pennsylvania N Bk Penn Savings Bank People's Nat Bank. People's Sav ATr Co 10( io< III— 5f 5' lOf i 150 I 483 - 10< i io« ... io< i / 375 130^ 401X Second Nat Bank— Union Savings Bk. Western Nat Bank. Western S & D Bk. Third Nat Bank Union Nat Bank— 50 100 i 298" 100 I 360 100 ... 100 — 100 I 125 i 317J4 Allegheny Trust Co 207 Colonial Trust Co. I 255 t tot I 160 lot I 101 I 225 lot 248 Com'wealth Tr Co. Continental Tr Co. Dollar Sav A Tr Co Fidel Title A Tr Co Franklin Sav A Tr. Hazlew'd SATCo 235 Hill Top 145 160 Manchester Savings Bank A Trust Co 50 *50 H Merch 5" 185 X 10< ... 100 ... < 100 50 125 125 100 10ft 50 » « 100 3,059,747 22,160,498 10C 1,745,772 8,416,011 lot 1,260,599 10,773,744 50 893.177 80,691 25 150,344 3,116,004 300.001 5< 167,572 3,501,819 lOt 200.000 10( 5,000,001 16,733,200 27,005,983 /100 <11,470,001 1,881,602 \100 al,530,OOf 516,579 5,318,795 5( 250.001 681,179 10,029,781 100 1,000,OOf 1,140,712 lOf 9,261,375 I,OOO,OOf 156,177 200,00< 50 2,348,566 Sale price, ILastsale. 35,776 *1,490,198 389,364] 2,035,691 82,039 1,301,070 702,237 10.844,373 168,140 3,113,646 385,899 4,932,209 607,297 4,480,993 t lot First N Bk of Birm Keystone Nat Bank Liberty Nat Bank Liberty Sav Bank— *60 lot Duquesne Nat Bk. Exchange Nat Bk._ Farmers Dep NatFifth Avenue Bank '.I'll Say A Tr Co Metropolitan Tr Co Oakl'd Sav A Tr Co 112 People's Trust Co.. Pittsburgh Tr Co.. t 200 X Potter TitleA Tr Co I 229" Provident Trust Co *110 Real Est S A Tr Co 23 Real Estate Tr Co. . / X South Hills Tr Co. South Side Tr Co.. Terminal Trust Co. Union Trust Co.— 65 . 125 / 475 104 mil S A T Co. * 14'J I * 104 i 174 * 155 X i 200 i BOX Washington Tr Co. West End S B A Tr William Penn Tr Co Workingman's 50,001 75,000 100,000 100,000 2,400,000 125,000 150,000 200,000 600,000 600,000 . y2 150H 300X 51 10< mm f 130 * 121 1 160 50 * 65X 50 1 190% 50 i 246 * 50 00X 100 1 428 50 I 104 100 * 100 50 ? 190 2,412,373 25 * 2,069,796 10c 1 60 2,860,207 50 1 38 900,690 9,413,946 50 1 52X 5,914,940 8,052,193 866,501 1,328,299 1,552,044 5,485,790 33,298,270 768,288 95,302 96 1 501 100 50 ? 201 50 * 326 100 * 121 100 1 129 50 * 550 100 i 100 50 50 2,896,609 5,095,770 19,195,492 100 50 554,933 36,444 100 0,379,542 11,761,191 7,688,905 /100 \100 100 5,785,802 2,852,669 5f 3,405,745 262,307 100 2,374,196 164,998 50 1,252,497 29,701 100 189,927 2,236,099 1 600 11 im 426 * 35 i 99 ^ 692,697 74,373 1,466,464 50 1,104,043 84,063 1,951,237 697,103 1,756,095 1,580,667 9,074.436 6,360,879 I Of 70,000 73,240 425,921 233,734 1,771,470 1,769,788 50 3,203,354 "~50 lOf i 45 / 124,541 — i 403 U— 1 . 62H ——1 *121 ------ , III— mm mm mm mm mm 240 100 \ mil 101 80 / 00 159 50 1 150 "500", 660 750,000 6,000,000 100,000 100,000 4,000,000 200,000 200,000 50 1,243,745 50 4,772,791 47,366,017 50 1,821,421 154,741 8,393,624 734,712 1,001,804 9,752,590 "50 1,163,599 12,212,710 100 1,184,774 14,543,662 1,696,370 37,327,221 604,040 8,128,015 7,529,075 924,477 2.354,492 46,401,335 1,853,126 125,929 1,621,159 128,829 2,210,590 29,897.993 4,583,791 237,633 60,902 2,140,917 3,006,238 50,000 352,722 172,700 7,122,487 715,771 500,000 *154,291 *2,068,093 200,000 1,908,968 74,479 100,000 1,207,273 245,847 100,000 *176,174 *2,136,233 300,000 6,000,000 4,870,203 95,303,966 1,817,419 66,510 200,000 1,000,000 *1,993,974 <11683,092 *433,171 <5,519,702 200,000 1,273,691 78,697 100,000 <228,491 *1,417,191 200,000 1,327,341 81,117 100,000 1,000,000 2,586,579 25,927,940 3,000,000 6,387,667 11,419,763 300,000 *1,001,020 *5,738,951 <353,194 *3,160,790 500,000 4,763,470 29,131,410 2,000,000 1,178,747 19,818,460 1,000,000 7,011,793 <585,439 1,000,000 415,137 3.133,942 250,000 4,032,723 579,473 700,000 3,717.097 21,404,770 2,000,000 9,295,569 1,494,071 1,500,000 1,427,478 251,297 450,000 1 221,579 7,532,026 1.000.00C 2,000,000 4,486,892 14,115,799 2,314,203 120,909 175,000 105,400 150,000 250,000 125,000 125,000 200,000 250,000 2,000,000 500,000 150,000 400,000 2,000,000 125,000 300,000 125,000 1,500,000 350,000 125,000 125,000 100 — — . mm mm mm mm mm mm mm ------ mm mm mm m m m. mm »>m' m mm mm mm mm mm ~ m mm mm m mmmmrnm m mm mm mm m m mm mt'-mm mm mm mm 50 100 100 100 100 100 100 mm mm m mm mm mm mmm ommmmm mm mm mm mmm'mmmm ------ mmmmmm mm mm m mm mm ------ rn'mmmemmm <m mm m* -mm. mmmmm mmm. mm mm mk m mm m mm mm mm rn.rn.rn. -mem ------ ------ m mm mm mm m. 100 100 mm-m mm m mm m mm m 100 m-rn mm mm mm 100 mm 100 mm mm mm rnmmmmmm 100 ------ 100 ------ 60 m ------ 100 100 ~ m mm mm-m mm 100 100 m ------ 100 50 n mi ------ 100 100 mm mm ------ 50 ------ mrmmmmm* m m mm m mm mm mm ^ mm mm ------ ------ mm mm m • mm mm mm mm m 100 m 100 mm + rnm 100 m mm mm 100 25 50 125,797 37,933 38,710 310,977 2,531,713 50 270,729 40,509 36,737,144 87,464,697 407,499 6,833,720 3,012,801 398,232 933,146 45,272 mm mm 100 2,168,401 79,377 mm 100 108,937 1,870,749 — mm mm mm mm mm -----. "50 100 170,577 102,049 82,174 — mm mm mm mm m mm 950,000 157,094 mm m, mm mm mm mm mm mm 50 1 2,090,733 m mm mm mm —————— "166 166,000 917,925 1,019,638 4,552,993 2,281,959 14,225,727 3.150.076 1,035,078 3,057,612 4,449,937 1,319,495 3,045,709 512,070 price —————— -MM. 763,966 "166 1,056,042 50 100 100 ■ • • mmmm •'mm. • mmmmmm — — — — . — — — — - • mmrnrn-mmm • mm mm *• mm- mm mm mm rm «————» • ------ • ~ • m>m mm mm mm mm. 100 100 mm mm mm mm m m. --—- 100 100 mm • • mm 100 . mm mm. ^ mm mmmm. 100 ------ 10c -----. m^ mm. . mmmm—mm m mm 100 mm —mm -m-m. • "100 mrnm — m. -mrn-m 100 • 5C m. m mm mm mmmm. Sav Bank A Trust Co 100,000 1,250,939 a Capital paid in; autnorbsed amount »a 1* ex. h Capital to be Increased, d June 28 1919. Nov. 17 1919 s May 4 1920. * Feb. 28 1920. A New stock. »Nov. 1 1918. m mm mm mm ffom'l 100 Drovers A Mer Nat Bank 100 100 100 Pittsburgh— . Depoeite o/ 300,000 Nat Bank of Comm 500,000 400,000 500,000 150,000 150,000 125,000 1,000,00C 160,00( 2,000,00C 500,OOf 802H than. 1,761,544 Philadelphia- 542,244 696,092 1 100 *135 100 558,897 230,709 American Bk A Tr. 2,243,917 56,399 300,000 Real Est T I & Tr._ 282,772 183,107 127,301 4,421 150,860 Phoenix Trust Co.. *120 1,779,172 8,306,383 9,200,913 365,444 9,155,114 16,956,273 3,064,744 561,941 6,242,928 197,491 7,150,742 411,076 29,777 111,639 2,000,000 1,000,000 634,450 1,000.000 50 100 S'' 9,007,294 44.771.193 600,890 8,996,262 2,471,083 88,949 266,227 3,007,769 879,138 103,421 1,345,917 7,671,890 150.000 W'h'gASD Co People's Trust Co.. Philadelphia TrCo. on 100 100 Pelham Trust Co.. Penn Bank & Trust mm 100 100 Parkway Trust Co. .mm 200,000 210,000 200,000 225,000 294,000 280,000 125,000 125,000 150,000 Guaranty Trust Co Lancaster Trust Co Indus'l Tr, T A Sav 2,444,281 2,364,087 1,132,799 Per Lancaster Co N Bk Holmesburg Tr Co. 1 Integrity Trust Co. Kensington Tr Co. Land Title A Tr Co Liberty T & Tr Co_ Logan Trust Co... Lancaster— Conestoga Nat Bk. First National Bank Fulton Nat Bank.. 125,000 200,000 125,000 500,000 500,000 200,000 3,000,000 500,000 1,000,000 249,950 250,000 1,000,000 438,038 150,000 500,000 250,000 150,000 125,000 460 Per 80,000 200,000 300,000 100,000 128,000 128,000 375,000 300,000 400,000 125,000 250,000 Hamilton Trust Co 100 Harrisburg— East End Bank 490 110 Per 100,000 300,000 300,000 Haudingt'n TATCo 350 50 ErieBank of Erie 2,500,000 1,000,000 125 100 Per 180,000 100,000 128,000 280,000 243,000 102,962 375 10C 205 thart ' s Girard Trust Co Guar Tr & S D Co. 201 Altoona— First National Bank Second Nat Bank- Atk Bid. Per PhiJa.—{Con.) thare. Per $ Allentown— Par. Atk. Bid. Por • 8,181,695 Dec, 31 1919. 5t * - • mm mm — Ex-dividend. June, 1920.] PENNSYLVANIA—(Concluded) Capital. Reading— Surplus A Profits S Farmers' Nat Bank First National Bank 400,020 Keystone Nat Bank 100.000 National Union Bk Neversink Bank 200,000 100,000 100,000 200,000 100,000 300,000 250,000 Perm Nat Bank Reading Nat Bank. Schuylkill Vail Bk. Second Nat Bank.. Berks Co Trust CoColonlal Trust Co- 250,000 250,000 250,000 500,000 Pennsylvania Tr Co Reading Trust Co. TENNESSEE :Nat, Deposits. For. Bid. Capital. Ask. 100 165 170 Chattanooga— Amer Tr & Bkg Co. Chattanooga S Bk. *308,097 *1,239,737 *954,867 *1,887,481 530,729 91,270 100 290 300 First National Bank 25 120 125 Hamilton Nat Bank 50 75 80 Hamilton Tr& SB. *362,997 *3,391,179 *584,304 *4,944,984 975,722 265,677 *840,974 *1,457,217 210,007 3,220,590 154,917 1,191,700 1,278,470 8,245,213 701,211 1,679,037 100 335 350 100 300 318 % Per *952,222 *5,054,737 *249,727 *2,492,156 30 share. 105 110 140 150 American Nat Bank 300 305 City National Bank 17 18 East Tenn Nat Bk. 10 14 15 Holston Nat Bank. 100 600 625 Knox Co Bank A Tr 100 235 240 Mech Bk & Tr Co. 10 Per 300,000 County Sav Bank.. 400,000 80,000 1,500,000 50,000 50,000 60,000 75,000 700,000 60,000 400,000 500,000 500,000 60,000 250,000 200,000 Keystone Bank.... North Scranton Bk Providence Bank.. Peoples S ADimeBk South Side Bank.. Third Nat Bank... Traders' Nat Bank Union Nat Bank West Side Bank... Anthracite Tr Co.. Lincoln Trust Co.. 684,767 60,000 405,779 4,805,889 859,230 57,247 1,814,972 22,766,016 25 867 323,734 66,147 904,901 1,432,199 117,766 898,147 66,392 592,017 10,151,199 118,217 1,715,722 1,266,777 7,444,278 *707,141 *5,412,787 *231,441 *2,607,087 1,910.928 165,457 149,477 2,116,042 87,397 1,380,923 f share. 50 40 45 100 202 206 63 28; State institutions latest Surplus <fc Pro/its, leturns. Gross Deposits. $ Par, Bid. 8 500,000 750,000 309,279 2,411,126 333,147 5,541,191 e965,449 el4521,261 645,197 12,719,609 221,477 3,390,782 1,000,000 1,500,000 250,000 Union Nat Bank... 150,000 500,000 400,000 600,000 100,000 300,000 300,000 200,000 46,727 260,937 596,244 130,914 5,912 85,104 209,097 92,919 100 586,268 5,990,167 5,724,772 2,761,716 322,482 1,830,444 1,404,093 3,557,895 Bank of Com&T Co 50 80 90 360 370 50 67 70 50 106 110 Amer S B & Trust 50 190 197 Guaranty Bk & Tr Liberty S Bk & Tr. Cent State Nat Bk First National Bank 50 90 95 100 305 315 Man Sav Bk A Tr.. 50 165 175 National 100 430 440 100 260 265 100 120 124 50 210 215 50 84 88 100 126 130 City Bank No Memphis S Bk. People's Bk A Trust Security Bk:A TrCo State Savings Bank & Union shart ISO 2lb" 100 200 100 225 100 170 175 100 190 200 250 Per shart. Per shart. 100 100 100 100 100 100 100 100 Memphis— 100 it), Per Knoxville— 50 100 Scranton— Amer Bk of Comm. banks Feb. Gross Third Nat Bank... Electric City Bank. First National Banp Green Ridge Bank- 1 BANKS AND TRUST COMPANIES 1,500,000 600,000 500,000 50,000 500,000 152,000 100,000 300,000 150,000 183,000 300,000 50,000 2,123,014 20,230,177 501,419 7,402,919 787,727 7,083,049 72,647 2,152,312 70,891 5,508,764 106,797 2,305,913 153,409 3,882,795 108,914 4,464,901 117,170 5,312,730 21,717 1,366,393 11,959 1,020,094 1,110,292 66,197 1,800,000 680,542 28,344,102 100 235 250 1,223,069 6,421,766 100 300 310 100 260 1,000,000 e559,876 el3691,200 200,000 248,20l| 3,070,724 100,000 39,7941.1,108,193 500,000 e210,299 e4,894,938 100,000 35,947 1,057,792 220,000 201,709 3.804,915 1,100,000 el.190,979 el8158,072 100 225 235 210 220 100 315 320 100 195 200 100 290 295 100 450 475 100 190 200 100 225 250 25 125 150 100 190 200 100 240 250 130 100 125 100 75 80 100 350 400 Planters' Bank A Trust Co Union Sav Bank A Wilkes-Barre— Per Dime Deposit Bank First National Bank 200,000 375,000 400,000 750,000 500,000 Luzerne Co Nat Bk Miners' Bk of W B Second Nat Bank. Slavonic Depos Bk. South Side Bk 100,000 100,000 150,000 150,000 350,000 W B Dep A Sav Bk Wyoming Nat Bank Wyoming Val Tr Co 169,770 618,237 249,299 2,496,990 1,396,309 105,794 67,362 529,277 808,714 856,822 1,596,005 4,537,939 share. Trust Comm Tr A Sav Bk 50 90 95 100 255 265 100 142 145 American Nat Bank 187 192 Broadway Nat Bk 350 360 Central Bk & Tr Co 225 Cumberl'd Val N B 80 83 Farm & Merch Bk. 50 "300 305 50 175 180 3,134,110 8,638,738 7,377,985 1,975,378 1,211,333 50 100 100 220 50 4,283,922 60 3,430,649 4,732,948 Williamsport- First S Bk A Tr Co. Per 300,000 100,000 400,000 250,000 Lycoming Nat Bk. West Branch N Bk. Williamsport N Bk. Northern CentralTr Co. 515,671 199,779 1,496,597 340,919 3,199,199 100 808,991 260 " Fourth A First N B Tennessee Nat Bank short Nasnville Trust Co 270 State Bank & Tr Co 100.000 100 255 265 100 540 560 917,934 100 225 230 Susq Tr A 8 Dep Co 400,000 231,917 415,729 3,134,101 2,118,323 100 50 York- 140 150 105 100 Per Central Nat Bank. 200,000 250,000 100,000 500,000 225,000 300,000 500,000 300,000 250,000 City Bank Drov A Mech N Bk First National Bank Western Nat BankYork Co Nat BankYork Nat'l Bank.. Guardian Trust Co Secur Title & Tr Co York Trust Co_. 300,000 864,198 «926,336 234,767 2,898,931 *142,177 *1,182,990 *200,577 *3,205,469 117,401 1,853,981 *607,327 *1,984,442 *384,677 *2,267,103 193,236 1.580,106 84,914 1,040,297 128,417 1,970,020 100 share 112 114 50 88 90 100 205 100 124 100 118 20 50 25 38 125" State National Bk American Nat Bank 300,000 300,000 100,000 "36"" 50 61*4 - 250,000 Newport— e Aquidneck Nat Bk. Exchange Bank Newport Nat Bank Newport Trust Co. Per 200,000 100,000 120,000 300,000 *170,472 *2,204,483 725.932 95,507 <65,000 217,441 <445,000 60 2,121,228 100 Nat Bk of Comm'ce 000,000 1,675,125 18,420,427 Mechanics' Nat Bk Marchants' Nat Bk Nat Bank of Comm Nat Exchange Bank 500,000 450,000 Providence Nat Bk 500,000 Westminster Bank. Rhode I Hos Tr Co Union Trust Co... 300,000 3,000,000 3,000,000 1,000,000 735,709 52,497 156,374 340,477 1,373,427 1,071,372 1,197,337 936,909 2,672,807 1,465,113 1,476,096 5,357,736 9,441,279 6,425,663 12,416,480 2,224,295 3,340,933 25 60 57^ 92 75 107 230 Producers' Nat Bk- 200,000 100,000 46,339 60,404 875,251 267,872 2,575.481 791.532 Ft Worth State Bk Ft Worth Nat Bank Nat Bank of Comm Stockyards Nat Bk Texas State Bank.. City National Bank First National Bank Texas Bank A TrCo shart. 25 Atlantic Sav Bank. 200,000 200,000 1,000,000 200,000 72,720, 1.938,979 First National Bank Guaranty State Bk Lumber'ns Nat Bk 20' Nat Bank of Comm SOUTH CAROLINA—Nat. banks May 4;,State institutions latest returns. Atlantic Nat Bank. Peoples State Bank Union Nat Bank. share Sou Texas Commer¬ cial Nat Bank... 100 4,011,246 100 "290" 300 State Bk A Tr Co.. 905,676' 7,814,313 100 y230 250 Bankers Trust Co.. 262,127) 92,370' 2,493,175 1,076,096 100 225 250 100 385 400 Alamo Nat Bank.. 75,000 87.117 135 140 City National Bank 100 150 175 Frost Nat'l Bank. 200,000 W.000 loo.ooo 99,747 72,149 27,881 111,544 1.206,490 1.747,936 1,745,870 100 ?no,ooo 100 y\00 175 Groos Nat Bank.. 1,420,571 100) 125 Lock wood Nat Bk- First National Bank' Miners & Merch Bk *00,000 516.017 1,167,901 2,366.234 100 y215 360 100 365 50,000 30,062 560.770 100 120 125 People's Nat Bank. Security Sav Bank. 600,000 392.710 5.532,740 100 200 210 50,000 46,407 2,531,141 100 225 250 So Car L'ri A Tr Co 100,000 68,594 1,487,705 100 150 155 Bk of Charl'n.NBA Carolina Sav Bank. Charl Sav Instit'n. 100,000 Citizens Bank Commercial Nat Bk Dime Bk & Tr Enterprise Bank Exch Bkg A Tr Co., 312,276 115 225 Spartanburg— 100.000 100,000 Bk of Spartanburg. Central Nat Bank. Dollar Sav Bank 178,000 First National Bank Mer & Farm Bank. Southern Trust Co. • •ale. San 400,000 50,000 500,000 100,000 60,000 82,019 170 180 150 100 250 265 100 198 200 100 155 160 110 175 200 100 235 260 100 500 mm ~ 302.000 2,258,000 712,977 13,607,392 744,479 18,037,338 35,140 1,005,175 1,526,991 16,283,477 587,072 5,580,613 249,967 3,959,703 107,083 4,683,490 110 130 267,723 251,004 650,694 4,877,771 1,850,976 5,971,340 2,000,000 100,000 800,000 600,000 500,000 150,000 1,000,000 803,409 21,987,471 38,529 920,302 788.209 13,352.261 551,472 8,509,912 298,597 4,623,227 12,747 1,136,373 912,771 14,936,909 1,000,000 200,000 2,000,000 1,252,979 19,688,742 1,777 2,188,977 447,897 C254.206 150 165 285 300 100 250 100 135 150*" 100 375 400 100 200 210 100 250 300 100 325 350 100 160 100 150 100 250 thart. 185 160 100 100 ISO ■ m "385"" 425" 100 200 215 100 220 240 100 125 150 100 200 220 315 100 300 100 140 100 86 160 91 100 ..... 65.927 1.685.356 1.929.197 100 58.199 2,349,700 Commerce State Bk Com'w'lth BAT Co priett 100 8,386,302 110,293 597,434 119.110 363.771 262,719 62,107 7,314,270 2,072,103 5,462,699 100 1,683,127 2,488,149 4,391,349 100 thart. 100 100 10' 10' mm mm ..... 100 m mm 500,00' 185,037 3,160.608 100 190 Bank 183,952 1.970.006 100 190 First National Bank 250,00' 600,00' 234,517 First State B A TCo 200,00' Liberty Nat Bank. 300,00'' National City Bank Bk. 100,00' 4,700.272 1,376,578 2,035,694 391,797 2,179,859 300,000 34,479 237,479 mm m, mm m thart. 200 mm 100 215 223 100 175 190 100 175 190 lot 95 105 100 240 260 New stock. May 4 1920. 9 mm mm mmmmm m Per 54,571 123,214 mm mrnmm ..... — National.. Provident Nat short. 100 100 Per 369,274 m ' 100 Per 200,000 200,000 200,000 ' m 130 250 175,967 Central 165" mm 115 200 .... . 125 *100 Per 500,000 500,000 1,000,000 100,000 600,000 1,000,000 200,000 200,000 Sale price, a Capital and surplus to be increased, k Capital to be increased, p Amount paid In. x Ex-dividend. d Apr. 19 1920 nMar. 17 1920 t Dec 31 1919. « Apr. 30 1920. a Including First 8 Bank ATr. Co. »tock. 0 c Includes Trust Funds. * Feb. 28 1920 19 1919. 115 1,000.00< 150,000 300,00' 150,000 170 160 400 110 Central Trust Co.. *253.029 *2,318,744 260 395 ...... Citizens' Nat 100 share. 100 100 155 100 mrnmm mm mm 100 100 125 *142,879 *2,797,788 115,000 1,100,000 mrnmm 410 2,300,069 150 100 400 100 5,394.325 100 411,741 100 mm mmmmmm'rn 155.073 100 38,474 2,268,049 29,093,921 202,077 5,204,736 2,610,242 28,187,172 118,684 1,823,771 249,227 3,607,707 673,991 25,764,780 290,791 10,147,103 mi mm mm mm m 100 236.437 700,000 165 mm mm mt share, 100 500,000 1,39-5,809 150 mm 100 Bank... Nat Bk of Comm'ce 25,677 100 mm'm mm n458,487 n5,132,026 341,207 6,709,063 171,077 3,548,876 San Antonio NatBk 111,348 100 mrnmm' 100 Waco— 200 thart, mmmm+- + State Nat 100 652,017 100 100 500.000 100,000 500,000 250,000 200,000 600,000 500,00( 698.874 21,535 891,804 8,474,996 *747,797 *7,297,132 d60,000 dl,650,000 Antonio- Guaranty State Bk. American Nat Bank Bank of Commerce 155 No minal Houston Nat Ex Bk Per 250 150 State institutions latest returns. Houston— 100 Charleston— 110 240 Galveston— 56 Per loo.ooo First National Bank 255 50 100 1,124,867 146,477 30 3,459,568 100 5,440,277 73,233,889 4,220,171 56,504,919 1000 624,270 14,006,793 100 100 100 100 Worth- Farm A Mech N Bk 50 100 Fort Continental BkATr G9 60 Woonsocket— Citizens' Nat Bank National Globe Bk. shart. 50 50 50 Security Bk A Tr.. Texas Bk A Tr Co. Per 000,000 100,000 120,000 000,000 1,000,000 850,000 Phenix Nat Bank.. Industrial Trust Co State Nat Bank share. 2,799,987 *38,240 *1,386,414 61,019 6,639,949 259,270 14,757,744 188,922 3,291,072 73,374 2,729,392 15,309 2,164,991 23,963 2,140,369 25,904 4,174,707 Amer Tr A Sav Bk. 100 Providence— High Street Bank.. Border Nat Bank.. First Nat Bank— 130 028O~" §66"" 100 Paso— City National Bank Per Slater Trust Co Blackstone Can Nat Dallas Tr A Sav Bk El Paso Bk A Trust Pawtucket— Columbus Exch Bk shart. 50 50 100 Per City National Bank Guaranty Bk & Tr El Nat 150 Dallas— Security Nat Bank. RHODE ISLAND—Nat. banks May 4; Slate institutions latest returns. 145 Per First National Bank Central State Bank 35 225 100 Beaumont— Am Exch Nat Bank 34 140 220 100 385,745' 3,106,271 33.312 135 100 Per Austin Nat Bank.. 40 50 275 shart* 100 Austin— 51J4 25 100 e71,793'€1,712,969 TEXAS—National banks May 4; Texas Bank & TrCo H ^ 139,934 Per 300,000 350,000 5,371,010 53,497 Hermit¬ American Nat Bank 500,000 50,000 593,000 Nashville— age First National Bank Co I Last Apri) r BANKS AND TRUST 64 Capital. Ogden— Commercial Nat Bk First National Bank Ogden Sav Bank... Ogden State Bank. PIngree Nat Bank. Utah Nat BankSalt Lake City— Continental Nat Bk Deseret Nat Bank. Deseret Sav Bank. McCornick <fe CoBk Nat Bk of Republic National City Bank National Copper Bk Utah State Nat Bk. Utah Sav <fc Tr Co. Walker Bros, B'kers Zions S Bk & Tr Co WEST VIRGINIA—Nat. banks May 4; State Stat* institutions latest returns. UTAH—National banks May 4; Gross Surplus Profit*. <ft Deposits. 150,000 100,000 175,000 150,000 Bid. Par. 1,806,661 2,787,360 1,791,181 4,405,465 2,013,261 2,274,234 161,301 100 Gross Surplus Profits, Deposits. Ash Bid. Par share Wheeling— Bank of Ohio Valley Centre Wheel's Sav 60,617 65,927 1,765,745 70 84 1,383,478 100 200 136,017 140,730 369,992 579,741 107,166 100 140 277,467 2,282,433 1,575,702 4,295,196 4,660,001 884,202 1,400,000 9,763,452 2,214,776 400,000 4,500,000 175,000 100,000 Citizens'-Peopies' 100 Trust Co....... Half-Dollar Sav Bk Nat Bank of W Va. loo share. *172,081 *3,729,369 100 175 180 4,138,911 4,841,790 12,107,796 *5,947,412 3,022,381 *4,056,526 *6,376,636 1,587,740 9,905,295 9,023,542 100 302 303 Quarter Savs Bank. 100 236 237 South Side Bank 100 275 280 Dollar Sav <fc Tr Co 100 270 287 100 170 175 Security Trust Col Wheeling Bank <fc 100 140 150 704,300 485,032 342,901 *455,690 72,234 *140,791 *249,307 53,758 269,907 287,114 A Capital. Per Per 250,000 500,000 500,000 600,000, 300,000 250,000 300,000 1,000,000 300,000 500,000 500,000 Ask. institutions latest returns. % I 212,620 230,691 162,297 251,379 80,742 t 100,000 150,000 [VOL. 110. COMPANIES Trust Co 100,000 500,000 500,000 190,201 25,000 750,000 300,000 125,000 1,305,777 300,000 227 100 100 160 100 216 100 131 50 256 100 254 100 176 100 225 170 199 100 198 100 107 108 255 260 100 Nat Exchange Bank 300,000 84 100 WISCONSIN—National banks May 4; State institutions latest returns. VERMONT—Nat. banks May 4; State institutions latest returns. . Per La Cfosse— Per Barre— Barre S Bk & Tr Co Granite S B <fc TrCo People's Nat Bank. Quarry S Bk&T Co. 50,000 75,000 100,000 100,000 65,314 2,024,143 40,792 2,076,132 <50,914 <1,473,396 22,074 1,422,734 300,000 150,000 50,000 382,077 Merchants Nat Bk. Burlington Tr Co.. 210,232 270,000 100 Security Savs Bank 100 State Bk of LaCr'se First National Bank 100,000' Montpeller Nat Bk 150,000 100,000 Montp'r S B & T Co Rutland— Baxter Nat Bank.. Clement Nat Bank. Klllington Nat Bk. Rutland Co Nat Bk Rutland Trust Co. 113,739 2,586,730 <37,297 <1,537,830 <142,233 <1,647,523 213,804 4,248,212 100 100,000 100,000 100,000 100,000 80,027 201,770 101,072 70,077 100 100 flo.noo 196,000 VIRGINIA—National banks May 4; share. 100 1,145,748 2,337,718 100 400,000 100,000 1.000,000 500,000 1,000,000 200,000 200,000 800,000 Nat Bk of Comm'ce 100 100 442,643 Mer & Manufac Bk Milw Comm'l Bank Marine Nat Bank.. 100 376,241 2,102,379 Marshall <fc Ilsley Bk Mer & Farm State. Amer Exch Bank.. share. 100 Per 100 mrnmmmm 732,207 100 mmmmmm rnmm 4,812,027 742,004 100 mmmm-m mm 100 mmmmrnrn mmmm* 2,169,717 100 mrnmmmm mmmm* 32,972 2,901,000 2,809,919 91,520,067 419,047 7,955,166 100 115 117 100 200 202 140 142 949,627 10,945,319 100 245 250 1,244,277 22,177,094 37,013 1,731,744 142,862 2,898,390 884,201 3,276 372,947 7,127,727 681,974 8,872,798 1,211,444 33,102,902 390,723 3,500,729 15,104 2,505,306 645,204 3,692,552 100 200 201 100 150 100 120 16,147j 340,473 11,427 72,294 Per 200,000 6,000,000 1,000,000 500,000 1,000,000 130,000 First Wisconsin NB Nat Exchange Bank Second Ward Sav B West Side Bank North Ave State 100 First Wise Trust Co shar* 3,620,511 263,399 400,000 25,000 500,000 30,000 100,000 Milwaukee— Badger State Bank. 100 Per 100,000, share. 100 Montpeller— Capitals B&Tr Co Exchange State Bk Nat Bk of LaCrosse Per 1,696,323 454,316 3,805,687 share. 100 Burlington— Howard Nat Bank. Batavian Nat Bank 100 mmt m mm* shar. 130 "loo "I25" 130"" 100 205 100 210 mm* 100 173 165 100 150 160 100 State institutions latest returns. WYOMING—National banks Feb. 28. Lynchburg— First NationalBank Lynchburg Nat Bk People's Nat Bank. Lynchburg Tr & SB United Loan&Tr Co 675,000 500,000 500,000 300,000 300,000 683,839 577,919 622,207 353,132 292,553 5,828,127 4,024,737 2,946,641 2,611,237 759,667 225 235 1001 245 250 Citizens Nat Bank- 100 325 330 First National Bank Nat Bk of Comm'ce Trust Co of Norfolk Norfolk Nat Bank. Seaboard Nat Bank Virginia Nat Bank. 732,534 6,458,904 193,577 2,011,464 1,375,044 15,297,695 712,769 5,050,981 1,168,224 11,627,999 337,576 5,269,102 232,497 3,838,354 100 100 200 mmmmm 100 260 rnmm 100 200 mm** mm 100 230 m mmmmm 100 205 mmmmm' 100 170 1,000,000 600,000 1,000,000 Virginia Trust Co_. l.oon.ooo Church Hill Bank.. Mech <fc Merch Bk. Merchants Nat Bk. Nat State <fc CityBk Planters Nat Bank. Sav Bank of Richm Union Bk of Richm West End Bank... Old DominionTr Co 4,077,000 100 mi m m m m mm 100 mm me* *232,901 *4,300,724 100 mmmm*. 824,397 14,829,263 539,677 3,603,066 176,299 3,254,970 «50,000 «1,500,000 228,077 3,102,313 95,320 1,459,492 1,679,044 28,231.909 164,237 1,521,071 1,804,707 18,816,944 1,055,599 14,584,165 2,112,297 13,876,123 331,077 1,744,785 658,979 2,049,378 843,711 101,717 100 1,181,100 259,637 808,989 WASHINGTON—Nat. banks May 4; 4,309,775 974,039 3,429,266 Wyom Tr & Sav Bk 60.000 42.909 230 NOVA mmmmm 260 ' ' ' ' ' ■' " ' . - " 1 ■ 60 109 112 150 100 142 100 165 185 100 240 245 100 255 265 100 670 750 100 205 210 100 425 445 25 90 92 Canad'n Bk of Com Dexter-Horton N B First National Bank Marine Bank Metropolitan Bank. Nat Bk of Comm'ce Nat Cy Bk of Seatt People's Sav Bank Scand-Amer Bank Seaboard Nat Ban Seattle Nat Bank.. State Bk of Seattle. Am Sav Bk & Tr Co Union Nat Bank.. Northw Tr & S Bk. Dex-Hort T & S Bk Guardian Tr <fc Sav 400,000 200,000 1,200,000 500,000 200,000 200,000 1,000,000 500,000 100,000 1,000,000 200,000 1,000,000 200,000 600,000 600,000 100,000 400,000 100,000 49 54 100 200 210 100 100 110 100 312 320 100 100 100 350 375 612,691 100 125 135 4,961,095 19,645,746 6,486,699 5,193,792 17,711,472 100 285 295 100 320 330 100 190 206 2,662,728 25,395,353 3,437,718 3,673,011 10,897,702 3,150,710 6,666,101 836,990 100 200 210 100 325 4250" Exchange Nat Bk. Fidelity Nat BankOld National Bank. Scandinav-Amer Bk Spok & East Tr Co. Union Trust Co Washington Tr Co per eentt % not per sh Aek Bid. are. % 174429788 Per cent Per cem 100 ONTARIO. Hamilton— 4,000,000 4,200,000 58,599,492, 100 05,000,000 6,000,000 74,603,104 100 Can Bank of Comm 15,000,000 15,000,000 321834367 Dominion Bank— 6,000,000 7,000,000 92,739,648 100 Bank of Hamilton. Toronto— 255 Imperial Bk of Can 07,000,000 Standard Bank 3,500,000 Sterling Bk of Can. 1,228,395 400,000 16,768,267 7,500,000 88,185,876 4,500,000 64,922,871 400,000 15,728,854 *189" 100 100! > 50 1 100 100 QUEBEC. 100 100 loo" 108 100 175 182 _ Banqued'Hochelega 100 Merch Bank of Can 100 100 Per Montreal— Bank of Montreal. 120 125 Molson's Bank Provinc'l Bk of Can 12,094 1,375,077 354,114 10,402,777 169,797 4,984,374 390,602 18,795,440 55,077 1,434,067 322,707 11,869,794 129,970 285,273 66,177 1,362,772 are t Halifax— Par. Deposits. 100 Per 100,000 1,000,000 400,000 1,200,000 100,000 1,000,000 200,000 200,000 Prices Fund. Home Bk of Canada 01,959,073 100 Spokane— Bank of Montreal.. share. 1,071,903 5,517,354 17,478,042 13,524,421 100 in. 195 25 Slate institutoins latest returns. 32,399 72,902 601,093 515,727 54,299 150,474 794,776 347,014 239,194 254,944 60,779 719,049 45,440 99,777 91,199 24,907 217,669 17,309 Paid Bk of Nova Scotia. 09,700,000 13,000,000 Bank of Toronto Bank for Savings.. SCOTIA. Beseree Capital 220 55 Per all of date Apr. 30 1920. share. 215 180 are m 25 Seattle— I5o mmmmm 100 50 100 CANADA. Returns • 100 shar» 100 2,399,021 8,199,976 5,600,701 750,201 ' share. mm Per Richmond Trust Co Central Nat Bk ofR First National Bank Stock Growers N B 105,869 216,322 262,787 mm mmmmm *294,079 *4,665,470 207,719 share. 100,000 200,000 100,000 mm Per 1,000,000 498,725 200,000 200,000 500,000 150,000 2,000,000 100,000 400,000 1,000,000 1,000,000 200,000 219,750 100,000 1,000,000 1,000,000 Broadway Nat Bk. 160 150 230 Petersburg— Petersburg Sav& Tr Nat Bk of Petersb. Vircinia Nat Bank. Richmond— American Nat Bank Bank of Com & Tr. Broad Street Bank. Cheyenne— 100 Per 1,000,000 220,000 1,000,000 1,000,000 1,000,000 500,000 500,000 Per 100 Norfolk— Citizens Bank Marine Bank 290 275 100 share. Royal Bk of Canada 20,000,000 20,000,000 427196822 04,000,000 3,900,000 49,418,391 08,400,000 7,000,000 145279783 04,000,000 5,000,000 59,244,300 2,000,000 1,000,000 26,878,985 17,000,000 17,000,000 420117101 cem. 100 100 100 100 *192 *194 100 100 "II" *233* 100 100 150" 160" looi 135 150 100 150 160 100 110 120 100 150 175 100 120 130 100 120 Quebec— Banque Nationale. 2,000,000 Union Bank of Can 07,997,980 2,200,000 48,247,049 5,600,000 114376572 100 100 135 SASKATCHEWAN. Per Tacoma— Nat Bk of Tacoma. Scandinav-Amer Bk 1,000,000 300,000 1,030,000 Tacoma SB<fc Tr Co 200.000 Puget Sd Bk&Tr Co r 386,272 14,928,764 45,244 3,071,799 248,529 6,535,741 50,767 1,700,194 share. 100 100 100 Weyburn— Weyburn Secur Bk. 478,661 * Sale price. • Ex-rights, a Aug. 31 1918. 0Thls Is capital paid In; authorized amount May 1 1917. <Dec. 31 1919. eApr. 13 1920. n Dec. 18 1919. t Includes one-third of a share d March 5 1917. c May 10 1918. h New stock, r Feb 28 1920. •lock, 225,000 2,449,944 100 100 Is larger, a Ex-dividend, a Sept. 4 1919 In Dexter-Horton Trust <b Savings Bank JOHN BURNHAM & COMPANY Bank Shares Unlisted Stocksand • , ■ ■ Bonds . • ~ Investment _ i Securities ■ ' ii ■ ■ . . , •, . LA SALLE AND MONROE STREETS CHICAGO - ENGINEERINGMANAGEMENT* CONSTRUCTION 611 CHESTNUT ST. . PHILADELPHIA. V. J. G. White & Company INCORPORATED 37 WALL STREET Distributors of and .. .. NEW YORK municipal, railroad, industrial public utility investments. Current lists of recommended offerings submitted upon request. Bonds We own and offer Government, Bonds which pleased to for a comprehensive list of oarefally selected Municipal, we Investment Railroad and Publio reoommend for Investment. send desoriptive circulars to Utility We shall be Investors on request. urn* Harris, Forbes Co Pins Street, Corner William NEW YORK J wall street, corner of broad New York DREXEL & CO., PHILADELPHIA CORNER OF 5TH AND CHESTNUT STREETS t MORGAN, GRENFELL & CO., LONDON NO. 22 OLD BROAD STREET MORGAN, HARJES & CO., PARIS 14 PLACE VENDOME - . v Securities Bought and Sold on \ Commission. Foreign Exchange, Commercial Credits. Cable Transfers. Circular Letters for Travelers, available in ail parts of the world. . / \