View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

TWO S E C T I O N S — S E C T I O N T W O

TUf

^ f i n a n c i a l

■"fQIliromclp

flmmptria

BANK AND QUOTATION
SECT ION.
PAGES

1 TO

04

IIVCLUwlVE

IN D E X T O T H I S S E C T IO N
PAGE

R E V IE W OF F E B R U A R Y_____________

5

N E W Y O R K STOCK E X C H A N G E —
12
_ 23

RECORD O F BON D SA LE S AN D P R I C E S ..
R E C O R D O F ST O C K SA L E S A N D P R I C E S .

G E N E R A L QUOTATIONS
STE A M RAILROAD B O N D S___________ 30
STE A M RAILROAD S T O C K S ................

34

JOINT STOCK LA N D B A N K B O N D S. _ 35
JOINT STOCK LA N D B A N K STO C K S. 35
FE D E R A L LA N D B A N K B O N D S..........48
REAL ESTATE BONDS........................... 35
PUBLIC U T IL IT Y BONDS______________36
PUBLIC U T IL IT Y S T O C K S ....................41
IN D U ST R IA L & M ISCE LL. B O N D S .. 43

'W e

have

n o

extra

IN D U ST R IA L & M ISC E L L. STOCKS. . 44
E X C H A N G E SEATS_________
44
T E X T IL E M A N U F A C T U R IN G STOCKS—
N O R T H E R N M I L L S _________________
44
S O U T H E R N M I L L S ______________________ 45
C A N A D IA N M I L L S _______________________ 45
M IN IN G STOCKS_______________________ 45
INSURANCE STOCKS A N D S C R I P ... 45
REAL ESTATE TRUST & LAND S T K S . 45
TITL E G U AR. & SAFE D E P . STO C KS. 45
U . S. A N D M U N IC IP A L B O N D S______ 48
C A N A D IA N M U N IC IP A L B O N D S____ 49
FOREIGN G O V E R N M E N T B O N D S ... 49
B A N K S A N D TR U ST C O M P A N I E S ... 55
C A N A D IA N B A N K S ...............
64
c o p ie s

of

t h is

S e c t io n

IMIax’c l x 5 . 1 9 2 V

WILLIAM

B.

DANA

COMPANY,

PUBLISHERS

F ront , P ink & D epbystbr S t s ., N e w Y ork .
Copyrighted in 1927, according to Act of Congress, by WILLIAM B. DANA COMPANY, in office of Librarian of Congress, Washington, D. O.




THE MUTUAL LIFE
Insurance Company o f New York

Abstract of Statement December 31, 1926
Income during Year 1926 ..................................... $174,712,401.10
Disbursements under Policy contracts during year 1926 99,385,259.85
Reserves and L ia b ilit ie s ......................................
704,454,625.58
Contingency and Dividend Funds 93,697,508.10
A s s e t s ..................................................................
798,152,133.68
Insurance in Force ...............................................
3,515,355,080.00
Annuities in F o r c e ...............................................
2,516,407.62
CHARLES A. PEABODY, President
W IL L IA M H . T R U E S D A L E , Vice-President

G R A N V IL L E M . W H I T E ,

-

JA M E S T IM P S O N ,

-

-

-

- -

W IL L IA M A . H U T C H E S O N ,
W IL L IA M S H IE L D S ,
GEORGE K . SARGENT,

-

- -

-

-

-

-

-

-

-

-

-

W I L L I A M L . S IM R E L L ,

)

W IL L IA M F . D I X ,

\

-

-

- -

- -

- -

-

2nd Vice-President

2nd Vice-President and Financial Manager
-

-

-

-

2nd Vice-President and Actuary

2nd Vice-President and Real Estate Manager
-

2nd Vice-President and Manager of Agencies
-




Secretaries

2
^ a d U ssjJ tt, H . §

| First National Bank

Q u id i to serve

Statement at Close of Business Dec. 31 1926.

ASSETS—
Time Loans--------------------------------------- $4,751,353.85
• U. S. and Other B onds______________ 2,884,228.00
-------------------- $7,635,581.85
Cash and Balances in B anks_______ $2,564,604.34
Due from U. S. Treasurer___________
14,550.00
Demand L oans--------------------------------944,236.00
-------------------- 3,523,390.34
Banking H ouse----------------------------------------------------352,072.00
30,350.00
Safe Deposit V aults-------------------------------------------------Customers Liabilities A ccou n t o f A ccep ta n ces-74,671.72

you at al1 times

$11,616,065.91
LIABILITIES—
Capital S tock _____________________________________
Surplus F u n d ------------------------------------------------------Undivided P rofits------------------------------------------------D eposits---------------------------------------------------------------C ircu lation ---------------Dividend No. 182-185-------------------------------------------A cceptances Executed for Custom ers____________

Corn Exchange
National Bank

$600,000.00
600,000.00
200,063.00
9,805,333.69
290,997.50
45,000.00
74,671.72

$11,616,065.91
OFFICERS
W HITFIELD W. SM ITH, President ROBERT J. NELDEN, Vice-Pres.
F R E D ’K D. BOGERT, Cashier.
JOHN B. BROW N, Asst. Cashier.
W ILFRED E. R ILEY , Asst. Cashier. JOHN T . DEIGHTON, Asst.Cash.

Philadelphia

PROMPT ATTEN TIO N GIVEN TO COLLECTIONS

THE

HANOVER NATIONAL BANK
OF THE

C IT Y

OF

NEW

YORK

ESTABLISHED 18S1

SURPLUS & PROFITS. $26,000,000

CAPITAL, $5,000,000

ACTS AS

TRUSTEE, EXECUTOR, ETC.
IN Q U IR IE S IN V IT E D R E G A R D IN G
IN

E V E R Y

F I D U C I A R Y

SERVICE

C A P A C I T Y

SAFE DEPOSIT & TRUST CO.
OF BALTIMORE

Chartered 1864
Capital $1,200,000

Organized 1867
Surplus & Profits Over $4,000^000

Acts as Trustee of Corporation Mortgages, Fiscal
Agent for Corporations and Individuals, Transfer
Agent and Registrar. Depositary under plans of
reorganization.
Acts as Executor, Administrator, Guardian,
Trustee, Receiver, Attorney and Agent, being
especially organized for careful management and
settlement of estates of every character.
SECURITIES H ELD ON DEPOSIT FOR OUT-OF-TOW N
CORPORATIONS A N D PERSONS.
DIRECTORS
H. W ALTERS, Chairman o f Board
JOHN J. NELLIGAN , President
NORMAN JAMES
JOHN W . M ARSHALL. Vice-Pres.
SAMUEL M . SHOEMAKER
BLANCHARD R A N DALL
ELISHA H. PERKINS
WALDO N EW COM ER
ROBERT G A R R E TT
GEORGE O. JENKINS
HOW ARD BRUCE
M ORRIS W H ITR ID G E

SEVENTY YEARS
BANKING EXPERIENCE
T h is b a n k h a s a fo r c e o f 400 t r a in e d t o t h e e x a c t in g n e e d s
o f b a n k in g .
a

x p e r ie n c e , t h e N a tio n a l B a n k o f C o m m erce
a s tr e n g t h t h a t is n o t in d ic a t e d in its

s u r p l u s a n d P r o fit s o f m o re t h a n $14,000,000.
T o -d a y w e o p e r a t e e ig h t d is t i n c t a n d c o m p le te d e p a r tm e n ts
u n d e r t h e p r o t e c t i o n o f n a t io n a l b a n k in g la w s, c o m b in in g
in o n e b u ild in g , a n d u n d e r o n e m a n a g e m e n t, C o m m e rcia l,
B o n d , T r u s t , S a v in g s , L o a n s , F o r e ig n E x c h a n g e , S a fe ty
D e p o s it, a n d C r e d it D e p a rtm e n ts .
T h o s e s e e k in g a c c u r a t e , r a p id , s a t is fa c t o r y a n d in t e r e s te d
s e rv ice c a n g e t i t h e r e .

National Banko/Commerce
vith w hich.....................

Federal Commerce Trust Company

A N DREW P. 8PAM ER, 2d V.-Pres.
H. H. M . LEE, 3d Vice-President
JOSEPH B. K IR B Y , 4th Vice-Pres.




GEO. B. G A M M IE , Treasurer
C. R. T U C K E R, Asst. Treasurer
JOHN W. BOSLEY, Asst. Treas.
E. H. CROM W ELL, Asst. Treas.

in St-Louis

L

Tradesmens National Bank
P h ila d e lp h ia , Pa.
Report of Condition at the Close of Business Dec. 31 1926.
RESOURCES—
L o a n s a n d I n v e s tm e n ts ___________ __________________$19,091,671.14
C u s to m e rs ’ L ia b ility u n d e r L etters o f C red it a n d
A c c e p t a n c e s _______________________________________ 5,345,979.03
D u e fro m B a n k s____________________________________
3,222,236.35
E x ch a n g es fo r C le a rin g H o u s e _____________________ 1,462,358.40
C ash a n d R eserv e___________________________________
1,937,195.56
A c c r u e d I n t e r e s t ____________________________________
46,350.73
$31,105,791.21
L IA B IL IT IE S —
C a p i t a l . ._____ _________________________________________$1,000,000.00
S u rp lu s , U n d iv id e d P ro fits a n d R e se rv e s ________ 3,336,073.55
U n ea rn ed D is c o u n t _________________________________
84,343.63
C ir c u la t io n __________________________________________
492,500.00
L e tte r s o f C re d it a n d A c c e p t a n c e s ________________ 5,434,076.47
275,106.81
A c c e p t a n c e s o f O th e r B a n k s S o ld ________________
D e p o s its _____________________________________________ 20,483,690.75
$31,105,791.21
O F F IC E R S

HOW ARD A . LOEB, President
H. D . M cC a r t h y , Vice-President
E . W ILLIAMS, Vice-President & Cashier
S. E . GUGGENHEIM , Vice-President
HOW ARD E. D E IL Y , Assistant Cashier
J. M . FRIZZELL, Assistant Cashier
C LYD E F. BROW N, Assistant Cashier




2
R e p o r t o f C o n d it io n o f

The Anglo

&

London Paris National Bank

O F SA N F R A N C IS C O
At the Close of Business Dec. 31 1926.
RESOURCES—
Due from Federal Reserve Bank, CashXandlSight
Exchange______________________________________ [ $34,478,977.10
U. S. Bonds and Treasury Certificates____________
13,434,779.68
Bonds and Securities_____________________________
8,719,150.36
Stock in Federal Reserve Bank___________________
240,000.00
Banking House, Vaults and Fixtures (and other
RealEstate)____________________________________
2,528,760.80
Due from U. S. Treasurer, 5% Redemption F u n d ..
205,000.00
Customers’ Liability a|c Acceptances___________
8,009,234.21
Loans and Discounts_______________________
72,045,635-50
Other Assets______________________________________
703,417.64
$140,364,955.29
LIABILITIES—
Capital Stock_____________________________________ $5,000,000.00
Surplus and Undivided Profits____________________
4,171,897 ;50
Unearned Discount_______________________________
122,710.81
Dividend No. 35 and Extra,payable January 3, 1927
300,000.00
Circulation_______________________________________
4,020,200.00
Bills Payable with Federal Reserve Bank__________
11,350,000.00
Acceptances sold Federal Reserve Bank with our
endorsement____________________________________
422,740.25
Other Liabilities__________________________________
699,893.04
Bonds Borrowed__________________________________
700,000.00
Liability account Acceptances executed for customers
8,116,899.30
Deposits_________________________________________ 105,460,614.39
$140,364,955.29
Contingent Liability a |c Letters of Credit issued but
not yet drawn against_____________ $9,991,153.07
DIRECTORS
ROBERT DOLLAR
SIG, STERN
K. R. KINGSBURY
A. W. FOSTER
J. J. MACK
CHAS. C. MOORE
J. C. M cKINSTRY
M. FLEISHHACKER
C. F. HUNT
*s*3!
R. D. ROBBINS, Jr.
M. MEYERFIELD.SJr.
ADOLFO STAHL
HERBERT FLEISH HACKER
W ALTER E. BUCK .
WM. F. HUMPHREY
MOSES A. GUNST
W. E. W ILCOX
PAUL SHOUP
B. F. SCHLESINGER
JOSEPH O. TOBIN

THE FRANKLIN-FOURTH
STREET NATIONAL BANK
of Philadelphia has ample facilities
to meet all your requirements
and solicits your business.
Capital, Surplus and Profits over $24,000,000

Bank and Q uotation
SECTION
OF THE

C ommercial & F inancial Q hronicle.
Copyrighted in 1927, according to Act of Congress, by WILLIAM B. DANA COMPANY, in office of Librarian of Congress, Washington, D. 0.

VOL. 124.

NEW YORK MARCH 5 1927.

B ank and Q uotation S ection
The Bank and Q u otation Section, issued monthly, is furnished without
extra charge to every annual subscriber of the C hronicle.
The Railway Earnings Section, issued monthly, containing the sworn
returns o f earnings and expenses filed each month with the Inter-State
Commerce Commission, is likewise furnished without extra charge to every
annual C h ron icle subscriber.
The Bankers C onven tion Section, issued yearly, giving the detailed
proceedings o f the annual convention o f the American Bankers Association,
is also furnished without extra charge to C hronicle subscribers.
The P ublic U tility C om pendium , issued twice a year, in April and
October, is also furnished without extra charge to every annual subscriber
to the C h ron icle.
The Railway and Industrial Com pendium , issued twice a year on
the last Saturday in M ay and November, is also furnished without extra
charge to every annual C h ron icle subscriber.
The State and M unicipal Com pendium , issued semi-annually on the
ast Saturday o f June and December, is likewise furnished without extra
charge to every annual subscriber to the Comm ercial & Financial
C hronicle.
Terms for the C h ron icle, including the six supplements above named,
are $10 per annum within Continental United States, except Alaska, $11.50
in Canada and $13.50 in other foreign countries and United States Pos­
sessions and Territories.
Pile covers for the C h ron icle are sold at $1.00 each (postage 15 cents
additional). Pile covers for Supplements can be had at same price.
CHICAGO OFFICE.— 208 South La Salle Street.
LONDON OFFICE.— Edwards & Smith, 1 Drapers’ Gardens, E. C.
W ILLIAM B. DANA COMPANY, P ublishers,
Front, Pine and Depeyster Streets, New York.

REVIEW OF FEBRUARY— COMMERCIAL AND
FINANCIAL EVENTS.
Industrial activity, after two or three months of slackening,
showed signs of a gradual revival during February, at least in
the case of some basic lines of trade. Indications of quick­
ening were particularly noticeable in the case of the steel
industry, which is still looked upon as more or less of a barom­
eter of the country's industries. The steel revival, however,
was at the expense of prices, which means that prices had to
be lowered to induce purchases. And with consumers still
wedded to the policy of hand-to-mouth buying, the price
concessions proved effective to that end. At this point
it deserves to be noted that on Feb. 23 President Coolidge,
acting under the flexible provisions of the Tariff Act of 1922,
issued a proclamation increasing the import duty on iron in
pigs and iron kentledge from 75c. per ton to $1 1 2 a ton.
This action, which of course is intended to shut out importa­
tions of foreign iron, was taken as the result of a cost investi­
gation made by the United States Tariif Commission. The
Commission found that the principal competing country has
been British India, and that the old rate of duty did "not
equalize the differences in costs of production in the United
States and in said principal competing country, namely,
British India, and ascertained and determined the increased
rate of duty necessary to equalize the same” at the new figure
fixed by the President in his proclamation.
The step referred to is important chiefly in its bearing upon
the future. The immediate problem confronting iron makers
and steel producers was that the capacity of their plants
was so greatly underemployed that it was deemed wise to
cut prices so as to obtain orders. That the price conces­
sions were substantial, in both the case of steel and of iron,
is evident from the fact that the "Iron Age” made the com­
posite price of finished steel March 1 2.367c. per lb., against
2.453c. Jan. 4, and said that this was the lowest level reached
since August 1922. The composite price of pig iron dropped
to $18 96 per gross ton, as against $19 71 on Jan. 4, the
“ Iron Age” adding that no lower composite price in this in­
stance had been recorded since April 1922, though the same




NO. 3219.

price had been touched in August 1925. However, improved
demand resulted and that was of course the object aimed at.
The “ Age” reported on Feb. 24 that the steel industry now
appeared to be operating at about the previous year’s aver­
age, or close to 85% of capacity, with the Steel Corporation
at several points above that figure and leading independents
somewhat below. Outside, however, of large pipe, tin plate
and rails, the "A ge” reported the orders were almost ex­
clusively for early delivery, and it was added that "meeting
the urgent calls by increasing mill operations, results in back
logs remaining small.” The strong feature of the situation
was the large aggregate of the buying for widely diversified
uses, "the orders coming steadily into the market without
the publicity attaching to business of spectacular size.” It
was stated that the automobile industry was taking steel
more freely, but commonly only for 30 days’ needs, and
otherwise avoiding accumulations of stocks. Building work
and the railroads, it was pointed out, at the moment were
“ stronger in the promise than in the act of buying.”
In its issue of March 3 the “ Age” said that as March came
in there was further betterment in the finished steel market.
The chief contribution of the past week had been in orders
from a number of consuming lines for more extended de­
liveries than have been the rule in recent months. Returns
of pig iron production in February confirmed reports in the
month of steady gain in steel works operations. Ten steel
company blast furnaces had blown in and but two had gone
out. Merchant furnaces had a gain of one. On March 1
active furnaces numbered 217, against 208 on Feb. 1, a
net gain of 9. In the 28 days of February, iron production
was 2,938,164 tons, or 104,934 tons per day, against 3,103,820
tons in January, or 100,123 tons a day— a gain of 4.8% in
daily rate. In February 1926 the daily rate was 104,408
tons, or 526 tons less than in Feb. 1927. Estimates of steel
ingot production in February, the "A ge” said, gave it the
highest daily rate since October, these ranging from 83 to
85%, as against 81.5% in January, 74% in December and
80% in November. Shipments of the larger producers last
month had been more than new bookings, so that the in­
dustry as a whole had made an inroad upon unfilled orders.
Production, in turn, had been slightly in excess of shipments,
indicating some stocking of semi-finished steel.
As to iron, aggressive selling by Buffalo and other New
York State furnaces was reported as a feature. On a large
scale in New England as low as $16 50, base Buffalo, had been
done on foundry iron for prompt shipment. Competition
from Buffalo had also been felt as far West as eastern Michi­
gan. The possibility of a strike at the bituminous coal
mines throughout the country at the union controlled mines,
with the expiration on April 1 of the three-year contract with
the miners, began to loom large in the daily papers, but did
not prevent the decline in pig iron prices already referred to.
The “ Iron Age” in its issue of Feb. 17 noted that “ the threat
of the coal strike had resulted in heavier stocking of coal but
had not prevented further price recessions. Greater strength,
however, had been shown by Connellsville coke and this
had been reflected in the firm stand taken by Valley producers
of pig iron. On Feb. 24 the “ Iron Age” said that, as the
threatened coal strike approached, the coke market showed
further indications of strength. Reflecting a stocking move­
ment in foundry coke, Connellsville prices on that grade had
advanced 25c. a ton . The low prices for pig iron induced pur­
chases, and in its issue of March 3 the “ Age” noted that these
low prices, rather than the approaching coal strike, accounted
for current activity, which was still confined largely to the

4

MONTHLY REVIEW

Cleveland district and the Eastern seaboard. With substan­
tial backlogs for second quarter, Lake furnaces in Ohio had
advanced prices 50c. a ton. In Michigan the market showed
more life under increased activity in the automobile industry.
With reference to the impending coal strike in the soft
coal regions of the country, the conference between the
miners and the operators, which opened at Miami, Fla.,
Feb. 14, definitely broke up on Feb. 22 without having
accomplished anything. The conference was the outgrowth
of the biennial convention of the United Mine Workers held
at Indianapolis on Feb. 2, when instructions were given to
negotiate a new agreement with bituminous coal operators
on the basis of no reduction in wages, and Feb. 14 was then
set as the date for the meeting of the committee with rep­
resentatives of the operators at Miami. The miners re­
quested a new two-year agreement at the old wage scale,
fixed at Jacksonville, Fla., in 1924, and which had resulted
in so many of the unionized mines being closed up, it having
been found impossible to compete with the non-unionized
mines of West Virginia and Kentucky working at lower
wages. The operators, on the other hand, and particularly
those from Western Pennsylvania and Ohio, were insistent
that any new wage contract must be based on a continuously
competitive scale, so as to enable them to compete with the
non-union mines of Kentucky and West Virginia.
It developed after the failure of the Conference that the
suspension of mining may not be so all-inclusive as at first
supposed. The New York “ Times” in a dispatch from
Miami on Feb. 23 stated that it had been disclosed in an
authoritative quarter that the miners’ policy committee had
decided on that day that only the union mines in the Central
competitive field would be affected by any walkout on April
1. Union mines in the so-called “ outlying districts” would be
permitted to operate under the existing Jacksonville agree­
ment although no new contracts would be made in these
districts until the disagreement with the Central field opera­
tors was settled. The Central competitive field includes
Western Pennsylvania, Ohio, Indiana and Illinois. Outside
of these States there are many other unionized bituminous
mines, usually referred to as being in the “ outlying districts.”
About 150,000 union miners, it is stated, are employed
in such “ outlying districts” in Iowa, Missouri, Kansas
Arkansas, Oklahoma, Colorado, Wyoming Montana,
Michigan and Washington. A majority of these mines,
it is stated, are owned by the Northern Pacific, the
Chicago Milwaukee & St. Paul, the Rock Island, the New
York Central and other railroad systems. The fact that
these mines are not to be shut down would mean that the
coal supplies of most of the large railroad systems would be
assured in the event of a strike. With the non-union mines
of West Virginia, Kentucky, Tennessee, Alabama, Virginia,
Utah and Colorado running full time operators declare that
the public would suffer little if any coal shortage. The
Policy Committee of the miners is also reported to have
discussed the question of district settlements, feeling that
many of the districts might not be averse to a settlement on
the basis of the old wage scale.
In the case of the minor metals, after further declines the
early part of the month, the price situation the latter part of
the month seemed to improve. That is particularly true in
the case of copper. Copper Exporters Inc. advanced the
official price for export several times during the month, first
34c. to the level of 1334c. c.i.f., European ports, and sub­
sequently by successive steps to 13.45c. Lake copper at
New York declined from 1334c. Feb. 1 to 1234c. Feb. 5 and
then advanced to 1334c. Feb. 28. Electrolytic copper de­
clined from 12J4c. Feb. 1 to 12.30c. Feb. 8, and then moved
up to 13c. Feb. 28. The New York price for lead ruled at
7.40c. through the whole month. Tin after the decline in
January entered upon a sharp upward movement in Febru­
ary, the New York price touching 70.95c. Feb. 25, with the
close Feb. 25 at 70.50c., against 65.50c. Jan. 31 and 64.75c.
Jan. 28. Oil prices, however, were again cut. Oil produc­
tion substantially increased and the latter part of the month
price reductions became general and extended also to
some of the products of petroleum, more particularly gasoline.
The Joseph Seep Purchasing Agency reduced crude petroleum
prices Feb. 19 20c. a barrel on three of the Eastern crude oils
and Feb. 23 announced a 15c. cut in Pennsylvania crude.
Further reductions were made after the close of the month.
Mid-Continent prices on Feb. 23 were reduced 15 to 39c. a
barrel. On the latter day also Lima, Indiana, Illinois,
Princeton, Plymouth, Worcester and Western Kentucky
crude oil were reduced 20c. a barrel. Further slashing of
prices occurred on Feb. 24 when the Standard Oil Co. of




[V ol. 124.

Louisiana announced a cut of from 15 to 39c. a barrel. Gaso­
line prices also weakened in the gasoline market.On Feb. 23
the Standard Oil Co. of New York reduced the tank wagon
price of gasoline lc . and service station 2c. in the Rochester
district, making the new prices 19 and 22c., respectively.
Shreveport, La., reported on Feb. 25 that the Standard Oil
Co. of Louisiana had reduced tank wagon and service station
prices of gasoline lc . in Louisiana, Arkansas and Tennessee.
On Feb. 25 the Standard Oil Co. of New Jersey reduced the
tank wagon price of gasoline lc. a gallon in New Jersey,
Maryland, North and South Carolina and District of Colum­
bia, making the tank wagon price 18c. a gallon. On Feb. 28
a reduction of lc. in the price of gasoline throughout New
York State was announced by the Standard Oil Co. of New
York, making the new tank wagon price 21c. a gallon. The
same company reduced the price in New England territory lc.
a gallon last week; on Feb. 28 a cut of lc. was also announced
by the Atlantic Refining Co. in Pennsylvania and Delaware.
The new tank wagon price is 18c. and the service station
price 21c., plus the State tax of 2c. The Magnolia Petroleum
Co. lowered the price of gasoline lc. a gallon in Houston, Tex.
Other marketers met the reduction. The Gulf Refining Co.
reduced gasoline lc. a gallon in New England Feb. 28 making
the new price 21c. wholesale and 23c. retail. After the close
of the month further reductions came in rapid succession.
Kerosene prices were also further reduced, but only in a
few instances, and local prices were well maintained. At
New York the price for water white kerosene in tank cars
at local refineries was Sc. Feb. 28, against 9c. Jan. 31 and
9M c. on Dec. 31 1926. In tank cars delivered to the trade
the quotation was 10c. Feb. 28, against 10c. Jan. 31 and
l l % c . Dec. 31.
The textile trades continued to give a good account of them­
selves. One of the interesting developments was the price
advances of from 5 to 10c. per pound for various grades of
rayon yarns, which it was claimed were being sold and
shipped in excess of production with demand for the fmishde
fabrics continuing on a liberal scale. The silk goods division
was perhaps in least satisfactory shape, though a strengthen­
ing influence here was somewhat higher prices for raw silk.
Kansai double extra cracks as against $5 70@$5 75 Jan. 31
and $6 Dec. 31 advanced during February and Feb. 28
were quoted at $6 1234@$6 1734- The market for domestic
cotton goods maintained a firm undertone. Stocks of goods
having been allowed to run down unduly low, both at whole­
sale and at retail, supplies had to be replenished, on more or
less urgent orders, and this was naturally a stimulating in­
fluence, allowing mill and factory to keep facilities much
better employed than in recent previous years. Then also
the price of cotton continued to rise. Low middling upland
spot cotton in New York advanced to 14.50c. Feb. 28,
against 13.55c. Jan. 31 and only 12.80c. on Jan. 3. Print
cloths at Fall River remained unchanged throughout the
month at 534c. for 28-in. 64x64. The woolen goods division
also continued to get in better shape, even though slowly.
The American Woolen Co. on Feb. 2 had its opening of men’s
wear staple fall fabrics, consisting of lines of plain and fancy
overcoatings, piece dye staple suitings and specialty cloths
for next autumn and comprising goods in departments
3 and 7. Prices were in line with expectations and thought
to be about 8% lower than those for the autumn of the pre­
vious year, though precise comparisons were difficult owing
to the changes in the character of the fabrics. On Feb. 21
the American Woolen Co. also opened its men’s lines of fancy
woolens and worsteds for the fall. While there was a reduc­
tion of about 8 % as compared with the fall opening of the
previous year, prices were for the most part on a par with
those prevailing for the spring season, none being lower and
some from 234 to 5c. a yard higher. Crude rubber prices
sharply advanced on an active demand, strong London
cables and some special favoring influences such "as small
shipments from Malaya and reports of an uprising among
the coolie workers on the Ceylon plantations. It was argued
that in the event that the dissatisfaction should spread to
the natives in Malaya, or to other islands in the Dutch East
Indies, shipments would suffer seriously. The advance oc­
curred after some further decline early in the month during
which ribbed smoked sheets for spot delivery sold down to
373^@ 37% c. and first latex crepe dropped to 37% c. The
quotations Feb. 28 were 393^@ 39% c. for the former and
40@4034c. for the latter. In January both ribbed smoked
sheets and first latex crepe at one time were quoted as high
as 41 % c ., but the quotation Jan. 31 was 3834c. asked for
ribbed sheets and 3834c. for first latex crepe. About the
middle of February the leading tire companies cut prices to
manufacturers on original equipment orders for tires on an
average 734%> effective at once. It was stated that no cuts
to dealers were contemplated.
In grain prices declines were again in order after the rise
in January. In the case of corn and oats, the declines were
very severe, but in wheat were more moderate. The drop
was due to the likelihood that President Coolidge would veto
the McNary-Haugen Farm Relief Bill. When the veto be-

Mar., 1927.]

MONTHLY REVIEW

came an actual fact, on Friday, Feb. 25, an upward reaction
ensued. The M ay option for wheat at Chicago after rising
from $1 40% Feb. 1 to SI 433d? Feb. 4, declined to $1 38%
Feb. 25, but closed Feb. 28 at SI 38% c. The July wheat
option at Chicago moved up from SI 32 Feb. 1 to SI 35%
Feb. 5, then fell to SI 31% Feb. 24 and closed Feb. 28 at
SI 32% . The M ay option for corn at Chicago moved up
from 80c. Feb. 1 to 82% c. Feb. 5 and then tumbled to 74%c.
Feb. 24, with the close Feb. 28 at 75% c. The July corn
option at Chicago rose from 83%c. Feb. 1 to 85% c. Feb. 5,
and after tumbling to 79%c. Feb. 24 closed Feb. 28 at 80% c.
M ay oats at Chicago sold down from 47% c. Feb. 3 to 43 % c.
Feb. 24 and closed Feb. 28 at 45%e. July oats dropped
from 47% c. Feb. 3 to 43% c. Feb. 24, and closed Feb. 28
at 45% c. Sugar prices weakened somewhat as deliveries
from the new Cuban crop came to market. Cuban raw
sugar as against 3 3-16 @ 3 7-32c. at the close of January
got up to 3 % c. Feb. 7, but after that declined to 3 % c., with
the price Feb. 28 3 % @ 3 3-16c. The wholesale price of re­
fined sugar in this market at the end of February at the lead­
ing refineries ranged between 6 and 6 .2 0 c. as against 6.15@
6.40c. Jan. 31. Coffee prices weakened further, but enjoyed
a slight upward reaction at the close of the month, when
the market evidently became oversold. N o. 7 Rio after
selling down to 14%c. was quoted Feb. 28 at 14% @ 15c.
against 15 % @ 1 5 % c. Jan. 31 and 15@ 15% c. at the close
of December 1926.
The doings of Congress were more than ordinarily im­
portant. On Feb. 4 the U. S. Senate went on record as
favoring the use of the Treasury surplus, which was running
far in excess of expectations, for the purpose of reducing the
public debt rather than in cutting down taxes. A resolution
making the declaration offered by Senator Norris, Republican
of Nebraska, was adopted as a substitute for one by Senator
Harrison, Democrat of Mississippi, which would have ex­
pressed it as the sense of the Senate that a reduction in the
permanent tax schedules should be made before the March 4
adjournment. Politics played the mam part in the action,
Senator Gillette, Republican of Massachusetts, telling the
Senate, according to Associated Press accounts, that the
Harrison proposal was a “ palpable and barefaced attempt
to transfer to the Democrats some of the popularity of this
Administration resulting from tax reduction,” and Senator
Bruce, Democrat of Maryland, replying that the Repub­
licans, not the Democrats, were playing politics. Senator
Norris’s substitute was adopted by a vote of 46 to 33.
The most important action of Congress, however, was the
passage of the McNary-Haugen Farm Relief Bill and the
McFadden-Pepper Branch Banking Bill. Both bills were
pushed through the Senate as a result of a coalition between
the advocates of the farm measure and those determined to
have the banking bill adopted. There was a strong and
active minority against both measures, determined to pre­
vent a vote on the bills by resort to filibustering, and to
frustrate attempts of that kind the advocates of the two
measures decided to join forces and vote in favor of applying
the closure rule. In the case of the McFadden Banking Bill the
House of Representatives had in January completely reversed
its position of the previous year (June 24) on the Hull amend­
ment when it had instructed its conferees to insist on that
amendment by a vote of 197 to 118, and now voted to have
the amendment eliminated from the bill by 228 against 166,
and had also receded from its opposition to other changes
made in the bill during its consideration in the Senate,
the whole purpose being to get the bill back to the Senate in
such a shape that further action by the House would be
unnecessary. Therefore, all that was needed was the vote
of the Senate on the Conference Committee’s report on the
bill, and Carter Glass, the Chairman of the Senate Banking
Committee, had made sure of this. The McNary-Haugen
bill, on the other hand, had an overwhelming number of
votes in the Senate, but had to run the gauntlet of a vote
in the House. This, as events proved, was found an easy
task, the House again graciously yielding by casting aside
its own farm relief measures and swallowing the M cNaryHaugen bill whole. On Feb. 3 the farm measure was given
right of way in the Senate, that body voting on that day
(66 to 14) to make it the unfinished business. On Feb. 11
the Senate by a vote of 47 to 39 passed the bill. The M c­
Fadden bill was made the unfinished business of the Senate
on Feb. 12, the motion having been agreed to by a vote of
58 to 9. This was followed by a petition for closure signed
by 58 Senators. The New York “ Times” in referring to
this action in its Washington advices Feb. 12 toook occasion
to say:
To-day’s action tvas another evidence of the working abilitj of the power­
ful coalition formed by the advocates o f the McNary-Haugen farm relief
measure passed by the Senate yesterday and of the Branch Banking Bill.
It followed precisely the program of log-rolling agreed upon several weeks ago
except that the closure petition was not presented on the farm bill, although
it was held as a club in the background should there have been prolonged
opposition.
The presentation o f the petition to-day was a surprise and was provoked
by an exceedingly tense situation marked by a near fist-fight between
Senators Glass and Wheeler, and by a filibuster threat from Senator La
Follette, Republican of Wisconsin, which indicated that the Senate may
witness once more some filibustering tactics such as only his father, “ Fight­
ing B ob,” was a master in engineering.
The vote to take up the Branch Banking Bill was supported by 27 Demo­
crats and 31 Republicans, and opposed by four Democrats, four Republi­
cans, and Senator Shipstead, the Farmer-Labor member.
La Follette Sounds a Threat Which Leads to Closure.
Senator La Follette, objecting to some tactics that had been followed
preceding the voting, said when the roll-call was over:
“ In order to save time, I desire to state to the Senate that I shall object
to all unanimous consent agreements that may be proposed during the re­




5

mainder of this session of Congress and I shall also insist that all of the
rules with regard to parliamentary procedure affecting the consideration
of bills snail be carried out, including the first reading of each bill.”
This brought the Democratic leader, Senator Robinson, to his feet with
the suggestion that in a short time it would be a goon idea to apply closure,
and without a moment’s delay Senator Pepper, who had charge of the
banking bill, passed up to Vice-President Dawes the closure petition, re­
marking that he thought it should be presented now in view of what Senator
La Follette had said. It contained the names of 32 Repubjicans and 26
Democrats.
The Vice-President read it to the Senate instead of having the reading
clerk do it. This was the second time since Mr. Dawes inveighed in his
inaugural speech against the lack of rules in the Senate to close debate that
closure has been proposed, the other being on the World Court.

The closure motion on the McFadden bill was agreed to
on Feb. 15 by a vote of 65 to 18. Regarding the Senate
action that day the New York “ Times” said:
For the third time in its history the Senate applied the closure rule to-day
and thus restricted debate on the conference report on the Branch Banking
Bill. The closure plan was approved by a vote of 65 to 18, or about double
the margin necessary.
Half of those voting against closure included independents on both sides
of the chamber-—Senators Borah, Frazier, La Follette, McMaster, Norris,
Wheeler, Dill, Blease and Nye,
This created a peculiar situation, for while a combination of farm and
banking interests actually imposed the closure, the nine mentioned are
agrarians who have no use for the banking bill. Senator Nye said in debate
he would rather have the McNary-Haugen bill defeated than the banking
bill enacted into law.
Application of closure will bring a vote on the conference report to-morrow
it is confidently expected, for no Senator can speak more than one hour
and some time was exhausted this afternoon by the bill’s opponents.

On Feb. 16 the Senate by a vote of 71 to 17 accepted the
Branch Banking Bill as agreed to in conference with the Hull
amendment eliminated. The proceedings were followed by
charges of lobbying activities in connection with the bill
and a resolution was presented calling for an investigation
of the charges, the statement being made at the same time
that an investigation of the American Bankers Association
and its activities was contemplated. The resolution was
referred to the Committee to Audit and Control the Con­
tingent Expenses of the Senate. In response to an inquiry
by Senator Wheeler, Senator Glass indicated that it was
the purpose of the resolution to investigate the American
Bankers Association “ from top to bottom .” Before pre­
senting the resolution Senator Glass read a telegram from
Thomas B. Paton, General Counsel of the American Bankers
Association, dealing with criticisms by Senator Wheeler
regarding a circular issued by the Association’s Federal
Legislative Committee in behalf of the bill and Mr. Wheeler’s
intimations that Mr. Paton had been trying to unduly in­
fluence Representative Hull. In his telegram Mr. Paton
declared that “ any inference of undue or improper influence
is entirely unfounded.”
The McNary-Haugen Farm Relief Bill in the form in which
it passed the Senate on Feb. 11 was passed by the House of
Representatives on Feb. 17 by a vote of 214 to 178. Prior to
this vote Representative Haugen, Republican of North wood,
la., Chairman of the Committee on Agriculture of the House,
announced orally Feb. 1 2 that he had asked the Committee
on Rules to report a special rule to substitute the McNary
bill (Senate Bill No. 4808) passed by the Senate for the
Haugen bill (House No. 15474), then under consideration
by the House. A favorable report on the special report
substituting the Senate bill for the bill pending in the House
was submitted on Feb. 14 by the Committee on Rules and
on Feb. 15 the House agreed to the substitution, adopting
the rule by a standing vote of 201 to 62. On Feb. 25 Presi­
dent Coolidge, as expected, vetoed the measure and in so
doing literally tore the bill to shreds. On the same day he
gave his approval to the Branch Banking Bill. The text
of this bill was printed in the “ Chronicle” of Feb. 26, pages
1162 to 1164.
NEW SECURITY ISSUES AND DIVIDENDS.

During the early part of February new security issues con­
tinued to be offered at a rate equal to that of January, but
as the month progressed the new flotations declined in
volume. Many large issues were brought out in the foreign
and domestic field. Among the latter the largest was an
offering of $95,000,000 Missouri Pacific Ry. first and re­
funding mortgage 5% gold bonds series F, due in March 1977.
Kuhn, Loeb & Co. sold these bonds at 100 and accrued inter­
est. Other large offerings in the domestic group were:
$60,000,000 Aluminum Company of America 5% sinking
fund debenture gold bonds due March 1 1952, placed by the
LTnion Trust Co. of Pittsburgh, the Guaranty Co. of New
York, the Bankers Trust Co., Lee, Higginson & Co., and the
Mellon National Bank of Pittsburg at 100 and interest. A
syndicate headed by Harris, Forbes & Co., Lee, Higginson
& Co., and Guaranty Co. of New York, sold at 95% and
interest, to yield over 5.75% , $40,000,000 Associated Gas &
Electric Co. 5 % % convertible gold debentures, maturing in
February 1977. J. P. Morgan & Co. placed $25,000,000
General Motors Corp. 7% preferred stock at $120 per share,
giving a yield of over 5.80% . $24,000,000 Standard Power
& Light Corp. 6 % gold debentures, due Feb. 1 1957, were
sold at 99% andint., yielding over 6.30%, by H. M. Byllesby
& Co., Inc., Ladenburg, Thalmann & Co., and the Union
Trust Co. of Pittsburgh. A flotation of $20,572,000 Chicago
& North Western Ry. Co., first and ref. mtge. 4 % % gold
bonds was made by Kuhn, Loeb & C o ., and the National City
Co. at 95 and accrued interest, to yield 4.74% . $20,000,000
Interstate Power Co. first mtge. 5% gold bonds, series due
1957, were marketed by a West & Co. and Spencer Trask &
Co. syndicate at 97% and accrued interest, yielding 5.16%;
A. B. Leach & Co., Federal Securities Corp., Pearsons-Taft
Co., and Henry L. Doherty & Co. placed $15,000,000 Cities

0

MONTHLY REVIEW

Service Co. 5% refunding gold debenture bonds, due Jan. 1
1966 at 91 24 and interest. A syndicate headed by Bodell &
Co., F. L. Carlisle & Co., Inc., and Stone & Webster &
Blodget, Inc., sold 500,000 shares of Rhode Island Public
Service Co. cumulative preferred stock at $30 per share, to
yield about 6.66% . The shares have no par value and pay $2
per share per annum. $11,500,000 Milwaukee Gas & Light
1st mtge. gold bonds 434% series due 1967, were sold at
93.75 and accrued interest bv Otis & Co., Marshall Field,
Glore, Ward & Co., Lehman Brothers, and Redmond & Co.
Spencer Trask & Co., Wm. L. Ross & Co., Inc., of Chicago,
and Whitaker & Co. of St. Louis sold $11,000,000 Commun­
ity Power & Light Co. 5% 1st mtge. collateral gold bonds
due 1957 at 9534 and accrued interest, to yield. 5.30%.
L. Bamberger & Co. sold $10,000,000 634% cumulative pre­
ferred stock to Lehman Brothers, who disposed of the shares
at 104 and accrued dividends. Bond, Goodwin & Tucker,
E. H. Rollins & Sons, Harris, Forbes & Co., the Mercantile
Securities Co. of California, and Blyth, Witter & Co., sold
$10,000,000 Los Angeles Gas & Electric Corp. 1st and gen.
mtge. series of 5s due 1961, at 9834 and accrued interest.
Goldman, Sachs & Co., and E. Naumburg & Co. sold at
prices to yield from 5 to 5.02% , $10,000,000 J. L. Hudson
& Co. 5% serial notes maturing semi-annually from 1930 to
1936. $8,000,000 Fairbanks, Morse & Co. 15-vear 5%
sinking fund gold debentures were sold at 9734 and interest,
yielding 5.55% , by Lee, Higginson & Co., Clark, Dodge &
Co., First Trust & Savings Bank, and Harris, Forbes & Co.
$7,500,000 Interstate Power Co. 6% gold debentures, due
Jan. 1 1952, were offered by West & Co., Pynchon & Co.,
Federal Securities Corp., and W. S. Hammons & Co., at
9834 and accrued interest, to yield in excess of 6.10%.
A Hill Joiner & Co., Inc., and Halsey, Stuart & Co., Inc.,
syndicate sold at 97 and interest, yielding about 5.20%,
$6,500,000 Southwestern Light & Power Co. 1st mtge.
5% gold bonds, series A. $5,800,000 Northwestern Public
Service Co. 5% gold bonds, series A, were placed at 9634
by A. C. Allvn & Co., Inc., and A. B. Leach & Co., Inc.
An issue of $5,500,000 Sun-Maid Raisin Growers Association
1 st closed mtge. 6 3 4 % sinking fund bonds was disposed of
by Dillon, Read & Co., Anglo-London-Paris Co. and the
First Securities Co. of Los Angeles at 98 3^2 and interest,
to yield 6.65%. The Roosevelt, New York Hotels, Inc.,
sold $5,500,000 20-year 6 % gold sinking fund debentures
(with detachable common stock A subscription warrants)
to Bond & Goodman, Inc., E. H. Rollins & Sons and Kelley,
Drayton, Converse, who disposed of the notes at 99 and
accrued interest. $5,000,000 Seaboard Air Line Ry. Co.
1st and consol, mtge. 6 % gold bonds, series A, were offered
at 98j34 by Dillon, Read & Co. and Ladenburg, Thalmann
& Co. The company at the same time sold $2 ,000,000
Seaboard-All Florida Ry. 1st mtge. 6 % gold bonds, series B,
at 9324 and int., to yield more than 6.30% . Shawmut
Corp. of Boston sold at 100 and interest $5,000,000 Shawmut
Bank Investment Trust 434 and 5% senior debentures
with warrants.
The foreign offerings were below those of January, but
there were several issues of importance. The largest of
these was an issue of $27,500,000 Republic of Chile 6 %
external sinking fund gold bonds, due Feb. 1 1961, which
was sold at 9334 and interest, to yield 6.50% , by a Hallgarten
6 Co., Kissel, Kinnicutt & Co., Halsey, Stuart & Co., Inc.,
and Lehman Brothers syndicate. $25,000,000 State of
New South Wales (Commonwealth of Australia) external
30-year 5% sinking fund gold bonds, dated Feb. 1 1927,
were brought out by the Equitable Trust Co. of New York,
Harris, Forbes & Co., The First National Corp. of Boston
and Estabrook & Co. at 9634 and interest, to yield about
5.25% . Dillon, Read & Co. placed at 9834? yielding 7.12%
to maturity, $14,000,000 Republic of Bolivia 7% external
secured gold bonds, due in 1958. A J. Henry Schroder.
Banking Corp. syndicate offered at 92 and accrued interest,
yielding in excess of 7.25% , $7,500,000 International Rys.
of Central America 1st lien & ref. mtge. 634% gold bonds,
due Feb. 1 1947. $5,000,000 Lake St. John Power &
Paper Co., Ltd., 1st mtge. 634% sinking fund gold bonds,
series A, were placed by the Dominion Securities Corp.,
Ltd., at 9934- White, Weld & Co. and Blyth, Witter & Co.
offered at 9824 and accrued int., yielding over 7.10%,
$4,669,500 City of Cordoba, Republic of Argentine, 7%
external sinking fund gold bonds, due Aug. 1 1957. $3,000,000 Agricultural Mortgage Bank (Republic of Colombia)
7 % 20-year guaranteed sinking fund gold bonds were brought
out at 93 24, yielding 7.20% , by a Hallgarten & Co. and
Kissel, Kinnicutt & Co. syndicate. F. L. Lisman & Co.
and the First Federal Foreign Investment Trust offered at
9734 and interest, to yield over 7.20%, $1,500,000 First
Bohemian Glass Works 7% closed mtge. secured 30-year
sinking fund gold bonds with stock purchase warrants.
$1,000,000 City of Santiago de Chile 6 % external 1 -year
gold notes were placed by Hallgarten & Co. and Kissel,
Kinnicutt & Co.
Changes in dividend declarations of a favorable nature
were even more numerous in February than in the preceding
month. Some of the more noteworthy were: The placing of
Chicago Rock Island & Pacific R y. on a 5% yearly basis.
The General Motors Corp., after completing one of the most
successful years in its history, placed its common stock on an
8 % basis as compared with 7% , the previous rate.
Coca
Cola Co. declared a 100% stock dividend in addition to pay­




[V ol. 124.

ing 75c. extra in addition to its regular quarterly dividend of
$1.75 per share. E. I. du Pont de Nemours & Co., Inc.,
placed their common stock on a $2 quar. basis, an increase of
25c. over the former disbursement. An extra dividend of
75c. was declared by the Eastman Kodak Co. in addition to
the regular payment of $1 25 per share. The Case Thresh­
ing Machine Co. after six years of non-payments placed its
common stock on a 6 % yearly rate. A larger dividend of
$1 25 was declared by the Youngstown (O.) Sheet & Tube
Co. on its common stock. Fleischmann Co. placed its com.
stock on an annual basis of $3 as against the previous rate of
$2.
The oil companies showed a more favorable dividend policy
than did any other single branch of industry. The Standard
Oil Co. of N. J. declared an extra dividend of 1234c. in addi­
tion to the regular dividend of 25c. per share. The Standard
Oil Co. of California declared a quar. rate of 6234c. and
1234c. per share extra. An extra div. of 1% was declared
by the Standard Oil of Indiana in addition to the regular rate
of 234% on the capital stock of $25 p:;r value. Standard Oil
of Kentucky declared a dividend of 2% extra in addition to
its 4% quar. disbursements. An extra div. of 1% was de­
clared by the Standard Oil of Nebraska along with the regular
quar. div. of 63e. The Ohio Oil Co. and the Vacuum Oil
Co declared extras of 50c in addition to their regular quar­
terly rates. Associated Oil of California declared 40c extra
in addition to the regular 50c. rate. Continental Oil Co
made a quar. div. of 30c. per share as against the former rate
of 25c. An extra div. of $2 was declared by the Canfield
Oil Co., in addition to the regular disbursement of 6 % on
the common stock.
Two noteworthy declarations, though coming from small
companies were: A 400% stock dividend declared by the
Island Creek Coal Co., and a 300% stock dividend declared
by the Fansteel Products Co., Inc. Other increased divi­
dends declared during the month were: International Busi­
ness Machine Corp.decl. quar. div. of $1, an increase of 25c.
over the former rate. Quaker Oats Co. decl. a special div.
of $5 per share and the regular quar. rate of $1 per share.
United States Realty & Improvement Co. decl. a 10% stock
div.in addition to its regular quar. $1 per share rate. United
Fruit Co. decl. an extra of $1 50 per share along with the
regular disbursement of $1 quar. The First Federal Foreign
Investment Trust decl. its initial div. of $3 50 per share semi­
annually. American Piano Co. decl. 234% stock div. in
addition to its regular div. of 234% quar. The Maytag Co.
decl. 25c. extra with regular quar. div. of 50c. 25c. extra
was declared by the Dictaphone Corp. of N. Y . in addition
to its regular disbursement. Penn. Gas & Elec. Corp. decl.
324c. extra per share and the regular div. of 3734c. quar.
The Cleveland Stone Co. decl. 25c. extra. Douglas-Pectin
Corp. decl. 25c. extra and regular quar. div. of 50c. per
share. 1234c. extra was decl. by the Eastern Rolling Mill
Co. along with the regular quar. disbursement of 3734c. per
share. Elyria Iron & Steel Co. decl. a 10% stock div.
A
10% stock div. was decl. by the Hawaiian Pineapple Co.,
Ltd. Mergenthaler Linotype Co. decl. 25c. extra in addition
to the regular quar. payment of $1 25. Neild Mfg. Co.
made an extra payment of $ 1 per share along with the regular
disbursement of $2 quar. A 33-1-3% stock div. was decl.
by the New Bedford Storage Warehouse Co. StrombergCarlson Tel. Mfg. Co. decl. 1234c. extra per share and the
reg. quar. div. of 25c. An extra div. of 2% was made by the
United States Envelope Co. along with the usual semi
annual 4% payment. Wabasso Cotton Co., Ltd., decl. 50c.
extra in addition to the regular quar. disbursement of $ 1 .
Charlestown Gas & Electric Co. increased its rate to a $6
yearly basis. The Chesebrough Mfg. Co. increased its
annual rate on common from $3 to $4.

An increase of 2 %

was made in the yearly div. rate by the Willcox & Gibbs
Sewing Machine Co. The Congress Cigar Co. increased its
quar. div. to $1 per share. An increase of 20c. per share to
$1 20 for a yearly rate was made by the Foote Bros. Gear &
Machine Co. The International Securities Trust of America
decl. a quar. rate of 45c. per share as against 42c. Laclede
Gas Light Co. decl. a quar. div. of $3 as compared with the
former rate of $2. The Morse Twist Drill & Machine
Co. decl. a quar. div. of $ 1 25 as against 50c. paid three
months ago. A div. of 124% quar. was decl. on the common
stock of the Quebec Power Co., as compared with 134%
formerly paid. The Shreveport-El Dorado Pipe Line Co.,
Inc., decl. a 50c. per share quar. div. as against 25c. formerly
paid. The div. rate for the Simms Petroleum Co. was in­
creased from 25c. to 37 34c. Taunton-New Bedford Copper
Co. increased its quar. div. to $2 per share, from $1 50.
Waldorf System, Inc., increased its quar. div. from 3134c.
to 3734c.
Dividends of an unfavorable nature were not as numerous
as in January. Belding Heminway Co. reduced from 75c.
quar. to 50c. Budd Mfg. Co. omitted the div. usually
payable at this time. No action was taken on the com. div.
of the Clinchfield Coal Co. The last disbursement was 50c.
on Dec. 31 1926. Cuba Co. lowered its quar. rate from $l_to
75c. Connecticut Mills failed to declare the pref. div.
due at this time. The Hecla Mining Co. decl. 25c. as against
50c. Inspiration Consolidated Copper Co. decreased its
quar. rate from 50c. to 25c. N. Y . Canners, Inc., passed
the quar. div. of $1 50, due on its pref. stock at this time. A
div. of 25c. was decl. on the com. stock of the Pennok Oil
Corp. as compared with 50c. previously. “ Snia Viscosa,”

Mar.,

1927.]

MONTHLY EEYIEW

Turin, Italy, reduced its annual div. from 12% % to 10%.
The Tower Mfg. Corp. omitted the com. stock div. at this
time. The Yellow Truck & Coach Mfg. Co. failed to declare
the divs. on the class B stock; 18%c. per share was paid in
January 1927.
THE STOCK M ARKET DURING FEBRUARY.

Great activity developed on the Stock Exchange during
February and notable advances in prices occurred nearly all
through the list of stocks, many of the upward spurts being
of spectacular proportions. The tone most of the time was
positively buoyant and the volume of transactions exceeded
that of any previous February in the history of the Exchange,
with rext to the heaviest day’s business on the last day,
Feb. 28, on which day the strength of the market was per­
haps most pronounced of all. Aggregate transactions in
stocks during the month reached 44,162,496 shares, as com­
pared with 35,725,989 shares in February 1926, 32,794,456
shares in 1925 and 20,721,562 shares in 1*924. After Feb. 3
the business exceeded 2 ,00 0 ,00 0 shares a day on every day
except one (barring the Saturday half-holidays), while on
at least two days the business got close to 3,000,000 shares,
the transactions on Feb. 8 reaching 2,845,060 shares and
those on Feb. 28 2,543,290 shares. Early in the month the
railroad stocks were the dominating features, both highpriced and low-priced issues being rushed up with great
rapidity, but later in the month when it appeared that the
reaction in general trade, which had been under way for
some time, had about reached its end and was now giving
place to slow recovery, the industrial shares were brought
to the front and whirled upward with even greater speed
than the rails, while the specialties indulged in the perform­
ances always witnessed on such occasions.
Interest converged on the railroad shares because of buying
for control in the case of certain railroads occupying strategic
positions with reference to the great railroad systems or as
links in proposed new systems. Very naturally such buying
was attended by huge advances in prices. Very naturally,
also, the speculative instinct was inclined to conjure up the
possibility of buying for control in the case of other prop­
erties. In Wheeling & Lake Erie com. and pref., an actual
corner developed as a result of buying for control, and at
one time $3 to $7 a share had to be paid for borrowing the
stock for a single day. This, on the one hand, encouraged
expectations of similar sharp advances in stocks of other
roads which might be wanted for control, and, on the other
hand, made operators cautious about selling the “ rails”
short, even when prices rose to giddy heights, out of a fear
of inviting a repetition of the experience of those who had
had the temerity to sell the Wheeling & Lake Erie stocks
short. Wheeling & Lake Erie com. had in January jumped
from 27% to 65% and the preferred had risen from 47% to
69, in both cases with some reaction before the close of the
month. On Feb. 8 the common shot up to 130 and the pre­
ferred to 93. It was evident that some extraneous circum­
stance must be responsible for such a phenomenal rise in
this instance, since the company has prior lien 7% stock to
amount of $11,882,600 outstanding, carrying cumulative
dividends since Nov. 1 1916, or over 70%. The explanation
was furnished when announcement came on Feb. 7 that the
New York Central, the Baltimore & Ohio and the Nickel
Plate had been buying up the shares. The New York Cen­
tral purchased 95,000 shares of Wheeling & Lake Erie,
partly in preferred and partly in common. The Nickel
Plate acquired in excess of 95,000 shares of Wheeling & Lake
Erie com., pref. and prior lien stocks, while the Baltimore &
Ohio announced that it had acquired “ about a one-sixth
interest in the shares of the Wheeling & Lake Erie.” The
Baltimore & Ohio at the same time announced that it “ had
acquired about 144,000 shares of Western Maryland pref.
formerly held by the Rockefeller interests, which, with com­
mon stock purchased in the market some time since, gives
this company something over 35% of the shares of the
Western Maryland,” the Rockefeller interests having held con­
trol of both properties. These announcements made it plain
how the corner had developed. The Business Conduct Com­
mittee of the New York Stock Exchange made an investiga­
tion of the corner to see if it had been deliberately brought
about, but of course the announcements referred to cleared
up the matter. The Wheeling & Lake Erie prior nen 7%
stock is convertible any time after Nov. 1 1919 into common
stock, $ for $, with an adjustment of cumulative dividends,
and the non-cum. pref. stock is also convertible into common
stock, and on Feb. 9 the Wheeling & Lake Erie Co. filed its
formal application with the I.-S. C. Commission for author­
ity to issue $22,227,600 of common stock in exchange for
$11,882,600 of prior lien stock and $10,345,000 shares of
pref. stock, and later in the month the Commission gave the
necessary authority. Wheeling & Lake com ., after having
sold up to 130 Feb. 8 , broke abruptly the next day to 6 6 % ,
though selling up again on Feb. 10 to 85. On Feb. 15 it got
as low as 56. After that dealings in it became more and
more infrequent, and after Feb. 19, when 200 shares sold
at 75, no further trading in it occurred the rest of the month.
The pref. stock sold on Feb. 18 at 8 4 % @ 9 0 % and was not
again dealt in the rest of the month. Western Maryland
com. after having jumped from 13% Jan. 6 to 31% Jan. 25,
with the close Jan. 31 at 26% , reached a high of 44% Feb. 7,
but closed Feb. 28 at 29.
The action of the trunk lines in buying up Wheeling &
Lake Erie and Western Maryland was looked upon in the




7

railroad world as a retaliatory thrust at L. F. Loree of the
Delaware & Hudson in his effort to establish a fifth trunk
line system (in addition to the Pennsylvania, the New York
Central, the Nickel Plate and the Baltimore & Ohio), and
who it is thought intended to make the two roads a part of
his new system. M r. Loree made no statement regarding the
matter, but kept his counsel. That, however, he was not
inactive appeared the latter part of the month. He had
arranged a lease of the Buffalo Rochester & Pittsburgh to
the Delaware & Hudson, but on application to the I.-S. C.
Commission for authority to enter into the lease one of the
examiners of the Commission had declared against the propo­
sition on the ground that no physical connection between
the two roads existed. It now developed that the Pennsyl­
vania R R . had joined forces with him against the other trunk
lines. He brought forward a project to take trackage rights
over the Pennsylvania system on 228 miles of line from But­
tonwood to Dubois in Pennsylvania, and asked the Com­
merce Commission to sanction the arrangement. The Com­
mission evidently thought that this changed the aspect of
things and on Feb. 28 Commissioner Meyer sent a telegram
to President Noonan of the Buff. Roch. & Pittsb. requesting
that the latter extend the option contracts obtained by the
Del. & Hudson to lease the Buff. Roch. & Pittsb., which
were to expire at midnight, Feb. 28, for a further period of
90 days so that the trackage lease and the Buff. Roch. &
Pittsb. lease could be considered together, as they formed
part of one and the same plan. Unfortunately, the Buff.
Roch. & Pittsb. directors could not see their way clear to
doing this, and unanimously decided not to grant any further
extension of time. They said that the uncertainty during
the last 18 months as to whether the lease would become
effective had made it difficult to make necessary plans for
the conduct and development of the property, and it was felt
the period of uncertainty should not be prolonged.
The acquisition of the Wheeling & Lake Erie and the
Western Maryland had the effect of further stimulating
speculation in railroad stocks on the Exchange, and the
speculation became more and more pronounced as the month
advanced, though being accompanied, as already stated, the
latter part of the month by increasing activity also in the
industrial list and the general range of stocks. Some of
the railroad shares were more prominent in the upward
movement than the rest, but all shared in it. The Wabash
stocks were especially conspicuous, rumors here also being
of buying for control. It was evident that in any new trunk
line system that might be constituted the Wabash lines might
form a part. It was apparent also that there might be
buying on behalf of the other trunk lines to circumvent such
a move. At all events Wabash com., which on Jan. 4 had
sold at 40,%, on Feb. 28 got up to 75%, and the pref. A stock,
which had sold at 7b Jan. 3, touched 95 Feb. 28. Del. &
Hudson, which had sold Jan. 28 at 171%, on Feb. 18 brought
185% and closed Feb. 28 at 181. Lackawanna, which also
would be serviceable to any new trunk line system, sold up
from 140% (par $50) Jan. 27 to 154% Feb. 16 and closed
Feb. 28 at 150%. However, the whole railroad list moved
upward. Balt. & Ohio com., which Jan. 4 had sold at 106%,
touched 115% Feb. 18; N. Y . Central, as against 137%
Jan. 27, sold Feb. 18 at 147%; Pennsylvania R R ., against
56% (par $50) Jan. 3, touched 61% Feb. 18; N. Y . Chicago &
St. Louis com., as against 186 Jan. 8 , sold up to 197%
Feb. 21, though closing Feb. 28 at 192. A new development
in the proposed Nickel Plate merger was that a proposition
was now submitted to the I.-S. C. Commission for acquiring
control of the Erie and the Pere Marquette by the Chesa­
peake & Ohio through the purchase of stock ownership in
these roads. Ches. & Ohio com., which had sold down the
previous month from 162% Jan. 5 to 151% Jan. 25, got
back to 162 Feb. 18, though closing Feb. 28 at 156%. Pere
Marquette com ., as against 114% Jan. 6 , touched 126
Feb. 2, though closing at 122 Feb. 28. The upward move­
ment in the railroad stocks, however, was, as already stated,
common to the whole list. Canadian Pacific, for instance,
as against 165 Jan. 6 , sold Feb. 28 at 192%. In the South­
west Missouri Pacific com ., as against 37% Jan. 4, got up
to 55% Feb. 17, closing Feb. 28 at 51% ; Texas Pacific, as
against 53% Jan. 7, reached 67% Feb. 18 and closed Feb. 28
at 64. Rock Island com ., as against 6 8 % Jan. 4, touched
82% Feb. 28; the stock was made a dividend payer the be­
ginning of the month. St. Louis & San Francisco com ., as
against 100% Jan. 6 , advanced to 114% Feb. 28 on rumors
that the dividend would be increased from 7% per annum
to 8 % , and the reports found confirmation in the action of
the directors on March 1. M r. Loree’ s Kansas City South­
ern sold at 53% Feb. 18 for the common, though closing at
51% Feb. 28, against 41% Jan. 4. Missouri-Kansas-Texas
com. sold at 44 Feb. 18, closing Feb. 28 at 41% , against
31% Jan. 6 . Northern Pacific touched 91% Feb. 18 and
closed Feb. 28 at 8 8 % , against 78 Jan. 3; Great Northern
brought 91% Feb. 19 and closed Feb. 28 at 8 8 % , against
79% Jan. 4. Reading com. reached 113 (par $50) Feb. 9
and closed Feb. 28 at 109%, against 94 Jan. 4. New Haven
|sold up to 58% Feb. 16 and closed Feb. 28 at 56, against
|41% Jan. 4. Union Pacific com. got up to 172 Feb. 18 and
i closed Feb. 28 at 169%, against 159% Jan. 27. And these
illustrations might be multiplied indefinitely.
A sensational incident of the month, in addition to the
corner which developed in Y/heeling & Lake Erie, was a
sudden hu^e break in the maiket on Monday, Feb. 21,

8

MONTHLY BEVIEW

on a misinterpretation of a decision of the U. S. Supreme
Court in a valuation case of the Los Angeles & Salt Lake R R .
against the I.-S. C. Commission. The Commission had
fixed a very low valuation for the property and the railroad
sought to enjoin its use, out of fear that the Commerce
Commission would apply this valuation in fixing transporta­
tion rates over the lines of the road. The Supreme Court,
however, took the stand that the courts would not be justified
in assuming that this valuation would be so used and declined
to pass on the question in advance of its actual happening.
The decision was not at all on the merits of the valuation.
The ease, though, had been looked upon as a test one, and
accordingly on the bare announcement that the decision
was adverse, a very unfavorable view was taken of the
matter, stock prices tumbled in most violent fashion, the
collapse ranking as one of the most striking in Wall Street
history. News reached the Street at about 1:40 p. m. In­
stantly what had been a most buoyant market was turned
into a precipitous decline. Breaks of from 1 to 2 points
occurred between sales in the case of some of the most im­
portant share properties dealt in. Thus such a standard
stock as Reading dropped within a few minutes from 111%
(par $50) to 99; Kansas City Southern dropped from 52%
to 43; Wabash com. from 713^8 to 64%; Atchison from
170)4 to 165; Balt. & Ohio com. from 11434 to 110; Ches. &
Ohio from 15934 to 155; Chic. & North West. com. from
8 6 % to 81% ; M o. Pac. com. from 5334 to 4934) New Haven
from 5534 to 51; N . Y . Chic. & St. L. from 196 to 190, &c.,
&c. Values crumbled so fast that in many cases the quota­
tions appearing on the ticker tape were 5 points or more
above the actual market. When it appeared that the de­
cision really had little significance, as regards the I.-S. C.
Commission’s valuations, the market quickly recovered and
the greater part of the losses in prices was regained, though
of course many unfortunate speculators operating on small
margins or on stop-loss orders were wiped out.
We have spoken above of the industrial stocks and the
specialties having been no less prominent in the month’s
upward movement of prices than the rails. Baldwin Loco­
motive jumped from 15134 Feb. 2 to 201% Feb. 23; Gen.
Motors advanced from 1 5 2 5 4 Feb. 8 to 169 Feb. 28; U. S.
Steel from 15534 Feb. 1 to 162% Feb. 24; E. I. du Pont
from 172 Feb. 8 to 19434 Feb. 28; Hudson M otor from 5534
Feb. 1 to 67 Feb. 28; Amer. Tel. & Tel. from 152% Feb. 1
to 160^4 Feb. 21; M ack Truck from 9234 Feb. 5 to 10624
Feb. 28; U. S. Cast Iron Pipe from 208 Feb. 8 to 225%
Feb. 28; Collins & Aikman from 69 Feb. 1 to 8634 Feb. 28;
Union Carbide & Carbon from 101% Feb. 9 to 11734 Feb. 23;
American Smelting & Refining from 138% Feb. 8 to 151%
Feb. 28; Colo. Fuel & Iron from 52 Feb. 1 to 62 Feb. 16.
As a group oil stocks were perhaps stronger than any other
though the latter part of the month a general slashing of
prices of oil and its products changed the situation. In
Houston Oil a semi-corner developed and the price ran up
from 76 Feb. 1 to 120% Feb. 28. Atlantic Refining rose
from 110 Feb. 18 to 117% Feb. 28; Pure Oil from 28%
Feb. 10 to 3334 Feb. 28; Phillips Petroleum from 56% Feb. 1
to 6034 Feb. 16, and Producers & Refiners from 24% Feb. 1
to 32 Feb. 10. In Remington Typewriter a corner devel­
oped, in part by reason of the merger of that company with
the Rand-Kardex Bureau; the stock advanced from 132%
Feb. 2 to 160% Feb. 8 , with the close Feb. 28 at 156%.
As in the case of Wheeling & Lake Erie, the N. Y . Stock
Exchange called upon its members for full reports of their
position in all classes of Remington stock beginning Feb. 19.

1st of March payments. As a matter of fact, there was
absolutely no deviation from the 4% figure during the
whole of the first 14 days of the month, all loans having
been negotiated at that figure and that also having been
the charge for renewals of old loans. The renewal rate
also remained unchanged at 4% the rest of the month,
except that on Monday, Feb. 28, after the upward spurt
on Friday, Feb. 25, already referred to, th 6 renewal figure
was raised to 4 % % . The 5% quotation recorded Feb. 25
was the maximum charge for the month and the highest
figure since the previous Jan.
5.
Onthe day referred to
(Feb. 25) after renewals had
been arranged at 4% , there
was at noon-time first an advance to 4 % % on new loans
and later in the afternoon to 5% . The rise was rather
unexpected, as on both of the preceding days, viz. Feb. 23
and Feb. 24, with renewals continuing at 4% , there had been
on both days a dip to 3 % % in the rate on new loans, just
as had happened on Feb. 17 and Feb. 18 of the preceding
week. But the spurt to 5% on Feb. 25 was not strange
after all, considering that the previous Saturday the New
York Clearing House banks had shown a deficiency in
reserves, which was now followed by some caning of loans
and the appearance of a demand to meet 1st of March
requirements. It was estimated that the banks at this
centre had called loans on Feb. 25 to an aggregate of $25,0 0 0 ,0 0 0 , as banks and corporations made preparations for
the March 1 payments. The foregoing comprises all the
fluctuations in the call loan market during the month, except
that on Feb. 15, extensive callii g of loans in connection with
mid-month requirements led to an advance to 4 % % , the
rate, however, the next day dropping right back to 4% .
As previously pointed out, the New York Stock Exchange
now issues an official statement every day regarding the
call money situation and the following is a summary of these
daily reports for every business day during February.
The fact should not be overlooked that no call loans are
ever negotiated on the Stock Exchange on Saturdays, the
loans arranged on Fridays extending over until the following
Monday.
C A LL LOANS ON T H E N E W Y O R K STO C K E X C H A N G E .

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

V O L U M E O F B U S IN E S S O N T H E S T O C K E X C H A N G E .

1924.
20,721,562

Month o f February—
1927.
Stock sales— N o. of shares___ 44,162,496
Bond sales (par value)—$
Railroad and miscellaneous. 187,274,000
United States G overnment- 16,190,250
State, municipal & foreign. 70,726,500

1926.
35,725,989
$
174,571,000
18.131.600
46.559.600

1925.
32,794,456
$
244,076,000
26,612,300
49,952,700

146,395,000
55.418.000
31.190.000

Total bond sales___________ 274,190,750
Jan. 1 to Feb. 28—
Stock sales— N o. of shares___ 78,437,906
Bond sales (par value)—
$
Railroad and miscellaneous.420,962,200
United States G overnment- 41,817,900
State, municipal & foreign. 183,202,200

239,262,200

320,641,000

233,003,000

74,713,874

74,364,999

47,578,948

Total bond sales___________645,982,300

$

386,626.000
48,442,300
101,705,850

499,788,300
86,052,600
99,367,250

349.682.000
147.506.000
64,342,000

536,774,150

685.208,150

561,530,000

THE MONEY MARKET DURING FEBRUARY 1927.

The money market continued in a state of ease and
devoid of special features, though the circumstance that the
New York Clearing House banks, after having shown a
deficiency in the required legal reserves on the last Saturday
in January, again reported a deficiency in one of the Satur­
days in February and the occurrence of a slight upward
spurt in the call loan rate on the New York Stock Exchange
at the close of the month, indicated that, after all, there
were some underlying elements of tension. As noted fur­
ther below, brokers’ loans on the Stock Exchange, after
slight further contraction the early part of the month, in­
creased again the latter part on a revival of speculation
on the Stock Exchange. The call loan rate on the Stock
Exchange nearly the entire month ruled at 4% , with an
occasional dip to 3 % % the latter half of the month and a
spurt to 5% on Friday, Feb. 25, when loans had to be ar­
ranged until the following Monday, Feb. 28, and when
preparations had to be made at the same time for the




Feb.

$

$

[V ol. 124.

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

1— Renewal, 4% ; high, 4% ; low, 4% ; last, 4 % . Small turnover.
Money freely offered. Some transactions reported over the
counter at 3 H % •
2— Renewal, 4% : high, 4% ; low, 4% : last, 4 % . M oney in supply
all day and at close.
3— Renewal, 4% ; high, 4% ; low, 4% ; last, 4 % . M oney freely
offered at all times.
4— Renewal, 4% ; high, 4% ; low, 4% ; last, 4 % . Money in supply
all day.
7— Renewal, 4% ; high, 4% ; low, 4% ; last, 4 % . Moderate turn
over. Money in supply at close.
8— Renewal, 4% ; high, 4% ; low, 4% ; last, 4 % . A moderate turn­
over with free supply of funds.
9— Renewal, 4% ; high, 4% ; low, 4% ; last, 4 % . Moderate turn­
over. Money in supply.
10— Renewal, 4% : high, 4% ; low, 4% : last, 4% . Volume small
abundance of funds all day.
11— Renewal, 4% ; high, 4% ; low, 4% ; last, 4 % . Demand light;
supply large.
14— Renewal, 4% ; high, 4% ; low, 4% ; last, 4 % . Moderate calling
of loans for out-of-town accounts caused increased activity, but
with ample funds available throughout the day.
15— Renewal, 4% ; high, 4 A
l %; low, 4% ; last, 414%. A fair volume
of business, but further withdrawals caused an advance in rate
to 4 14% at which figure funds were in free supply.
16— Renewal, 4% ; high, 4% ; low, 4% ; last, 4% . Moderate turnover
at 4% . Money in supply at close.
17— Renewal .4% ; high, 4%; low, 3 M %; last, 3% %. A small turn­
over and an abundance of funds, necessitating a reduction in
rate from the renewal of 4%.
18— Renewal, 4% ; high, 4%: low, 3il£%; last, 3M % - Light turnover
owing to heavy offerings, rate reduced to 3M % and remained
at that rate until close.
21—-Renewal, 4% ; high, 4% ; low, 4% ; last, 4 % . A normal turn;
over with abundance of offerings and with some outside loans
reported at 3 M % •
22— Washington’s Birthday—-holiday.
23—-Renewal, 4% ; high, 4% ; low, 3M % ; last 314%. Pressure of
offerings caused decline in rate to 3 14 %.
24— Renewal, 4% ; high, 4% ; low, 4% ; last, 4 % . Small volume
ample supply all day.
25— Renewal, 4% ; high, 5% ; low, 4% ; last, 5% . Preparation for
monthly settlements caused advance to 5 % , at which rate money
was freely offered.
28— Renewal, 4 14%: high, 414%', low, 414%', last, 4 A % ■ Modern
turnover. Money in supply all day at the renewal.

In the time loan branch of the market there was a further
easing in rates the first half of the month, but a tightening
up again at the end of the month on increased inquiries and
lessened offerings. Sixty day money the early part of the
month was down to 4 % % , and 90 day money to 4 % % ,
with 4 % @ 4 % % the quotation for 4, 5 and 6 months. At
the close the range was 4 % @ 4 % % for all periods from
60 days to six months, though with the trading rate generally
4 % % . Mercantile paper rates shared in the general easing
of quotations the early part of the month, and did not
stiffen at the close, leaving the quotation 3% @ 4 % for
4 to 6 months nanus of choice character, with names not
so well known requiring 4 % % , all of which is the same as
saying that these quotations ruled throughout the entire
month. New England mill paper and the shorter choice
! names passed at 3 % % . A good demand for paper was
reported at the close, but with the volume of business small,
owing to the scarcity of offerings. Out-of-town and local
banks were in the market as buyers.

Mar .,

1927.]

MONTHLY KEVIEW

Rates for banks’ and bankers’ acceptances were marked
down J/g% early in the month to 3 % % bid and 314% asked
for 30 day maturities, and these rates held until the end
of the month. In the case of 60 and 90 day maturities the
quotation was unchanged throughout at 3 % % bid and 3 % %
asked. For 120 day maturities the rate was first reduced
% to 3% % bid and 3 % % asked and then marked up again
to 3 % % bid and 3% % asked. Similarly, in the case of 150 day
and 180 day maturities the quotation after being first reduced
y % t o 3 J^% bid and 3 ^ % asked, was marked up again the
latter part of the month to 4% bid and 3 % % asked—
these being in all cases the discount rates of the American
Acceptance Council. For call loans against bankers’ accept­
ances the posted rate of the Acceptance Council was held
unchanged throughout the month at 3 % % . There were no
changes of any kind during the month in the rates of any
of the Federal Reserve banks, these remaining at 4% for
all classes of paper and for all maturities at all the different
Reserve institutions.
RATES FOR M O N E Y A T N EW Y O R K , W E E K L Y .
Week Ending—Feb. 4.
Feb. 11. Feb. 18. Feb. 25.
Call Loans on Stock Exchange—
3M -4J4 3 M -5
4
4
Range for week (mixed & industrial coll.) _
W eek’s avge. (mixed & industrial c o ll.).4
4
4
4M
Time Loans (M ixed & Industrial Collateral)—
Sixty days______ _______________________ -4 M -4 H 4 % -4 %
4 M - 4 « 4 % -4 H
N inety days_____________________________ - W s - i 'A
4VS 4 % -4 y2 4 % - 4 y
4 % -4 y
Four months____________________________ -4 % -4 M 4 H -4 y 2 4 y s- 4 y
Five months____________________________
4H 4 « - 4 ^
4 V s - 4 y 4 % -4 'A
Six m onths_______________________________
4^ 43
A -4 X
4 % -4 y 4 % -iA
Commercial Pager—
D ouble and single names—
3 M -4
Prime 4 to 6 m onths_________________ -3 M -4 H 3 M -4
3M —4
G ood 4 to 6 m onths____________________ 4 U - 4 A 4 - 4 A
4y
4M

FEDERAL RESERVE AND CLEARING HOUSE BANKS—
BR OKE R S’ LOANS.

As already stated, brokers’ loans on the New York Stock
Exchange underwent further slight diminution the early part,
of Feb., only to be followed by renewed increase the latter
part. In the three weeks from Jan. 5 to Jan. 26 the grand aggre­
gate of loans to brokers and dealers (secured by stocks and
bonds) by the 54 reporting member banks in New York City
had been reduced from $2,818,561,000 to $2,731,940,000.
From this there was a f urther drop to $2,730,001,000 Feb. 2, to
$2,720,578,000 Feb. 9, to $2,718,634,000 Feb. 16, but with
an increase to $2,762,154,000 Feb. 23. In our review for the
month of January it was noted that the contraction had been
entirely in the loans made by these member banks for their
own account, while the loans made for the account of out-oftown banks had increased. Similarly the increase in Febru­
ary was mainly in the loans made by the banks on their own
account. The loans for own account after dropping from
$1,037,311,000 Jan. 5 to $865,183,000 Jan. 26, increased to
$885,123,000 Feb. 2, then fell to $807,571,000 Feb. 9
but were $815,422,000 Feb. 16 and $856,066,000 Feb. 23.
The loans for account of out-of-town banks during January
had risen from $1,049,246,000 J a n .5 to$ l,1 4 0 ,604,000Jan. 19,
and were $1,125,713,000 Jan. 26; during February the
amounts were $1,123,780,000 Feb. 2, $1,154,874,000 Feb. 9,
$1,123,046,000 Feb. 16 and $1,106,654,000 Feb. 23. The
loans “ for account of others” have shown a very marked
tendency to expand. They stood at $741,044,000 Jan. 26,
against $732,004,000 Jan. 5; during February there was first
a decline to $721,098,000 Feb. 2, but then an increase to
$758,133,000 Feb. 9, to $780,166,000 Feb. 16, ar.d to
$799,434,000 Feb. 23.
The New York Clearing House banks and trust companies
in one of their weekly returns, namely that of Feb. 19, again
showed reserves below legal requirements. The return for
Saturday, Jan. 29, had shown a deficiency in amount of
$15,947,250. This was converted into a surplus of $3,389,970 in the statement for Feb. 5 and the surplus was further
increased to $23,327,990 in the return for Feb. 11 (issued a
day earlier them usual as Saturday, Feb. 12, was Lincoln’s
Birthday and a holiday), but the return for Feb. 19 again
showed a deficiency, this time of $7,587,620, which, how­
ever, was replaced by excess reserve of $33,597,820 in the
statement of Feb. 26. As on previous occasions, the im­
pairment of reserves was brought about by the drawing down
of the reserves held with the Federal Reserve Bank. When
reserves at the Reserve bank were again increased by the
calling of loans or rediscounting at the Reserve bank, the
deficiency was quickly changed into a surplus. Thus on
Jan. 29, when such a considerable deficiency was shown,
total reserve with legal depositories of all kinds stood at only
$565,889,000, a decrease from the preceding week of no less
than $60,279,000. On Feb. 5 this reserve with depositories
increased to $581,749,000 and the statement for Feb. 11
showed a further increase to $600,958,000. But on Feb. 19
it fell to $564,042,000, bringing about a renewed deficiency,
only to be wiped out on Feb. 26, when the amount of reserve
on deposit ran up to $615,731,000, mainly by reason of bor­
rowing at the Reserve bank. Loans and discounts decreased
from $5,477,377,000 Jan. 29 to $5,412,263,000 Feb. 11, and
then recovered to $5,497,097,000 Feb. 26. Deposits fol­
lowed a somewhat similar course, declining from $5,076,270,000 Jan. 29 to $4,993,316,000 Feb. 19, and then recovering
to $5,069,220,000 Feb. 26. The changes in the item termed
“ bills payable, rediscounts, acceptances and other liabilities”
showed renewed resort by the banks to outside means
for re-enforcing the resources of the institutions. The
amount had dropped from $655,189,000 Jan. 15 to $614,355000 Jan. 29, and further declined to $603,344,000 Feb. 5, but
on Feb. 26 was back to $648,529,000.




9

The returns of the Federal Reserve banks reflected a re­
newed disposition on the part of the member banks to
engage the facilities of the institutions on a moderately in­
creased scale. Borrowing at the Reserve banks had been
sharply reduced with the turn of the year, so much so that
the volume of discounted bills held Jan. 26 was down to
$365,157,000 as against $710,931,000 Dec. 29. After an
upward turn again to $393,271,000 Feb. 2, there was a drop
back to $379,065,000 in the statement for Feb. 9. After
that, however, there was renewed rise, first to $396,470,000
Feb. 16, and then to $397,929,000 Feb. 23, and to $434,644,000 March 2. Open market holdings of acceptances followed
a somewhat different course, declining from $329,072,000
Feb. 2 to $302,505,000 Feb. 9, then rising to $314,985,000
Feb. 16, with the amount Feb. 23 $280,189,000, and March 2
$289,023,000. Total bill and security holdings, after con­
siderable fluctuations up and down were $985,326,000 Feb. 23
against $1,028,722,000 Feb. 2, but the amount March 2 was
much higher again at $1,036,641,000.
Gold holdings
as against $2,961,863,000 Feb. 2, were $2,983,098,000 Feb.
23, and $2,981,536,000 March 2. Part of the increase in
gold followed from the putting out of Federal Reserve notes
in payment evidently of imported gold, since the total of the
deposits declined, being $2,214,682,000 Feb. 23 and $2,289.581.000 March 2, against $2,298,211,000 Feb. 2. Fed­
eral Reserve notes in actual circulation increased from
$1,686,515,000 Feb. 2 to $1,716,956,000 over March 2.
The reports of the Federal Reserve Bank of New York
treated by itself, also showed a tendency on the part of the
member banks to borrow more freely again. The Bank’s
holdings of discounted bills, after having been reduced from
$176,059,000 Jan. 5 to $60,192,000 Jan. 26, ran up again to
$101,605,000 Feb. 16, and were $89,335,000 Feb. 23 and
$114,713,000 March 2. Open market purchases of accep­
tances, which also had been sharply reduced in January,
falling from $119,850,000 Jan. 5 to $59,852,000 Jan. 26, in­
creased again to $92,706,000 Feb. 2, but Feb. 23 were down
to $53,533,000, with the amount March 2, $79,839,000.
Deposits of the local institution, after having declined from
$978,118,000 Jan. 5 to $847,479,000 Jan. 26, were up again
to $905,871,000 Feb. 16, with the amount, however, $838,973.000
Feb. 23 and $862,870,000 March 2. Federal Reserve
notes in actual circulation, which Jan. 26 were down to
$395,571,000 (against $405,808,000 Jan. 5), were up to $412,668.000 Feb. 23, and to March 2 $416,331,000.
COURSE OF STERLING EXCHANGE DURING FEBRUARY.

Sterling exchange during February fluctuated within
narrow limits, but at low levels. Though rates were not
at figures making gold importations actually profitable,
they were low enough to admit of the engagement of larger
or smaller amounts of the metal from time to time as
special transactions, owing to the gold being obtainable
at concession in the open market or because of some other
advantage for the time being, such as lower ocean freight
rates, which made it possible to bring over the gold without
a loss. Thus, while there was no regular flow of the metal
to this side, several consignments of gold were actually
made to the United States. Usually the gold was obtained
in the outside market, protecting the gold reserve of the
Bank of England to that extent, but there were also gold
withdrawals from the Bank itself, generally, however, for
other countries, Spain taking more or less of the metal and
some quite large amounts being ear-marked for account
of the South African Reserve Bank. The Bank of England
showed a loss in gold in its return for the week ending
Feb. 2 of £312,408 and a further loss of no less than £842,860
Feb. 9, but subsequent losses were quite small, namely
£12,864 Feb. 16, £28,474 Feb. 23 and £33,863 March 2.
Offerings of sterling bills the latter part of the month were
rather light and this served to prevent a fall in rates to
figures that might have resulted in a general flow of the
metal to the United States. The Chinese situation con­
tinued critical and the latter part of the month assumed
an acute stage, as the Cantonese or Southern Chinese forces,
continued their sweep northward, approaching Shanghai
itself, but this, while a depressing influence, did not apparently
exercise any further direct effect on the exchange market.
A favorable circumstance in the Chinese situation was that
Great Britain was able to reach an agreement with the
representatives of the Cantonese forces respecting the
British concession at Hankow, though this was entirely
apart from the situation at Shanghai.
Perhaps the most important factor with reference to
sterling exchange was the relative situation of the money
market at London and at New York and this was watched
very closely by dealers in sterling bills. With sterling hovering
close to the import point, it obviously made a great deal
of difference whether the disparity in money rates between
the two markets was such as to operate as an inducement
to increase or to diminish American balances in the London
market. In the early part of the month, with growing ease
in money at New York, conditions favored the London
market, but the closing part of the month, with money at
this centre firmer again, some of this advantage disappeared,
though it is not to be forgotten that the rediscount rate of
the Federal Reserve Bank of New York has for a long
time been 4 % , while the Bank of England’s official rate of
discount has also long been ruling 1 % higher at 5% . The
range of bankers’ sight bills on London during the month

10

MONTHLY REVIEW

was between 4 84 7-16 Feb. 5 and 4 84 11-16 Feb. 25,
with the quotation Feb. 28 4 8 4 ^ .
THE CONTINENTAL AND OTHER FOREIGN EXCHANGES.

There were no striking features or developments during
February respecting the exchanges on the Continental
centres of Europe. That the French situation was improving
appeared from the reduction on Feb. 3 of the discount rate
of the Bank of France from 6 )^ to 5%. The French Govern­
ment also shipped some considerable amounts of gold to the
United States to strengthen its position here. It was
evidently part of French policy to let the franc move some­
what lower, while yet extending support; accordingly checks
on Paris were down to 3.9014 Feb. 25, against 3.92%
Feb. 1; the rate Feb. 28 was 3.9014. The tone of French
exchange, however, at all times was good and no grounds
appeared for thinking that Government support through
the Bank of France would be withdrawn. It developed that
the French Government long term bonds were being bought
for foreign account, indicating that capital was flowing into
France from other countries where money for investment is
in liberal supply and this undoubtedly was helpful in the
efforts to prevent any sharp break in current quotations for
the French franc. Premier Poincare's emphatic dec­
laration before a committee of the Chamber of Deputies
that stabilization of the franc at this time was impossible
and his express refusal to give out any information as to
when stabilization would be attempted had somewhat of a
dampening influence on market sentiment, but did not
disturb belief in the successful carrying out of any plan
that the French Premier might eventually adopt. The
French Government further strengthened its position with
the Bank of France. The Bank’s return for Feb. 2 showed
that the State had reduced its indebtedness to the Bank in
that week by 650,000,000 francs. A further reduction of
900,000,000 francs was reported Feb. 9, still another reduc­
tion of 500,000,000 francs Feb. 16, with a further reduction
of 900,000,000 francs Feb. 23, and 100,000,000 francs
March 2. The note circulation of the Bank of France
after an increase of 453,985,900 francs Feb. 2 showed a
further increase of 16,800,100 francs on Feb. 9, but a reduc­
tion of 489,367,000 francs Feb. 16 and of 456,489,850 francs
on Feb. 23, with an increase of 765,75^,420 francs March 2.
Belgium exchange showed only very minor deviations in
rates and announcement came that the Belgium Government
had removed all restrictions on the export of gold and silver.

[V ol. 124.

The National Bank of Belgium on Feb. 9 further reduced its
discount rate from 634 to 6 % after having reduced it Jan. 12
from 7 to 6 J^%. The Italian lira moved somewhat higher,
as it became increasingly apparent that the Mussolini
Government was resolutely carrying out its policy of defla­
tion. Purchases of small amounts of gold from the Bank
of England for Italian account aroused considerable interest.
No formal announcement was made respecting the matter,
but it was believed to be a Government transaction and as
such indicative of the improvement that is taking place in
Italian finances. Sight bills on Rome, after selling at
4.24;34 on Feb. 7, touched 4.4134 Feb. 21, with the close
Feb. 28 4.3634@4.3734- The German mark in the case of
bankers checks on Berlin remained at 23.69@23.70 through­
out the whole month. The note circulation of the Bank
of Germany was diminished 125,924,000 marks the first
week of the month, 224,300,000 marks the second week and
122,995,000 marks the third week, with the usual large
increase the fourth week of the month. The Austrian
schilling remained unchanged throughout the month at
1434. The Bank of Austria which on Jan. 18 had reduced
its rate from 7% to 634%, on Feb. 4 further reduced it to
6 %.
The Greek drachma again weakened, dropping from
1.3234 Feb. 1 to 1.2734 Fob- 28. A committee appointed
to investigate the country’s financial condition is understood
to have recommended the introduction of a new currency
to replace the drachma and permanent evaluation of the
latter to about current levels. The Polish zloty remained
at 11.50 until Feb. 25, when there was an advance to 11.55,
but was back again to 11.50 Feb. 28. It was reported that the
Government was seeking a large loan in this country. The
Bank of Poland on Feb. 11 reduced its discount rate from
934%
9% . The old rate had been in effect since Dec.
10 1926.
In the rates on the continental centres of the countries not
involved in the European war the feature was the fluctua­
tions in the Spanish peseta. Checks on Madrid got up to
16.89 on Feb. 1, and after reacting to 16.52 Feb. 4, sold at
16.95 Feb. 7. The range was between these two extremes
the whole month, with the close Feb. 28 at 16.78@16.8034.
Sharp up and down movements within those limits occurred
at frequent intervals. Spain continued to take gold from
the Bank of England. The great success enjoyed by the
Spanish consolidated loan was looked upon as a bullish fea­
ture and an indication of an improvement in Spanish finances.
There were no developments of any great consequence

RATES OF EXCH ANGE ON CON TIN EN TAL CENTRES.
N O T E .— T h e B elg ia n G o v e rn m e n t o n O ct. 26 1926 a d o p te d t h e “ b e lg a ” as t h e ir u n it o f c u r r e n c y .
w,
s
£

fa

Paris

Swiss

Francs

Francs

Bankers’
Checks
CaUes

Bankers’
Cables
Checks

1 3.92% a3.92%
2
3.92
3
3.92
4
3.92%
5
3.92 %
6
SUN
7
3.92
8
3.92
9
3.92
10
3.92
11
3.92
12
H OLI
13
SUN
14
3.92%
15 3.91% a3.92%
16 3.91% a3.91%
17
3.91%
18 3.90% a3.91
19
3.90%
20
SUN
21
3.90%
22
HOLI
23
3.90%
24
3.90%
25
3.90%
26
3.90%
27
SUN
28
3.90%

D enm ark

Kroner

Bankers’
Cables
Checks

A n tw e rp

Bankers'

Bankers’
Checks
Cables

Sight

39.94% a39.95
39.95
39.96 %a39.97
39.97% a.98%
39.97
SUN
39.97
39.97
39.98 a40.00
40.00a40.01%
40.00% a.01%
H OLI
SUN
40.00a40.01%
40.00
40 00%
40.00%
40.01
40.01%
SUN

39.95% a39.90
39.96
39.97% a39.98
39.98% a.99%
39.98
DAY
39.98
39.98
39.99 a40.01
40.01a40.02%
40.01% o.0 2%
DAY
DAY
40.01a40.02%
40.01
40.01%
40.01%
40.02
40.02%
DAY

40.02a40.02 %! 40.03a40.03 %

H OLI
40.02 a40.03
40.02% a.03%
40.03
40.01%
SUN
40.02

S w eden

Kroner

Bankers’
Checks
Cables

1 _________________ 26.63a23.64 26.64a26.65 26.67% a.68
2 _________________
26.65
26.66
26.68
26.64
3 ________ _________
26.65
26.68
4 __________ _____
26.64
26.65
26.68
26.64
5 _____ ___________
26.65
26.67
6 _________________
SUN
SUN D A Y
7 _____ ____________
26.64%
26.65%
26.68
8 _________________
26.64
26.65
26.67%
9 _________________
26.64%
26.65%
26.67%
10_________________
26.66
26.67%
26.65
11_________________
26.67%
26.65
26.66
HOLI
12________ _________
HOLI D A Y
13_________________
SUN D A Y
SUN
14_________________
26.66
26.65
26.69
26.66
15_________________
26.65
26.68
26.66
16_________________
26.65
26.68%
17_________________
26.64%
26.65%
26.68
26.64
26.65
26.68
18_____ ___________
26.64
19_________________
26.65
26.68
SUN
2 0 _________________
SUN D A Y
26.64
2 1 _________________
26.65
26.68
HOLI D A Y
22_________________
H OLI
26.64
26.65
26.69
2 3 _________________
2 4 _________________
26.64
26.65
26.69
26.66
26.69%
2 5 _________________
26.65
26.66
26.69
2 6 _________________
26.65
27_________________
SUN, D A Y
SUN
26.64
26.65
26.70
28_______ __________

Cables

26.63% a.69
26.69
26.69
26.69
26.68
DAY
26.69
26.68%
26.68%
28.68%
26.68%
DAY
DAY
26.70
26.69
26.69%
26.69
26.69
26.69
DAY
26.69
DAY
26.70
26.70
26.70%
26.70
DAY
26.71

DAY
40.03 a40.04
40.03% a.04%
40.04
40.02%
DAY
40.03
N orw ay

Ita lia n

Belga

Guilders

3.93% a3.93%
19.22%
19.23%
19.24
3.93%
19.23
3.93%
19.22%
19.23%
3.93%
19.22%
19.23%
3.93%
19.22%
19.23%
DAY
SUN D A Y
3.93
19.22%
19.23%
19.22%
3.93
19.23%
19.22%
3.93
19.23%
19.22%
19.23%
3.93
19.22%
19.23%
3.93
HOLI D A Y
DAY
DAY
SUN D A Y
19.24
3.93%
19.23
19.24
3.92% a3.93%
19.23
19.22%
19.23% a.33%
3.92% a3.92%
3.92%
19.22% a.22% 19.23% a.23%
3.91 %a3.92
19.22%
19.23%
3.91%
19.22%
19.23%
DAY
SUN D A Y
19.22%
3.91%
19.23%
H OLI D A Y
DAY
3.91%
19.22%
19.23%
19.22%
3.91%
19.23%
3.91%
19.22%
19.23%
3.91%
19.22%
19.23%
DAY
SUN D A Y
19.22%
3.91%
19.23%

F eb ru a ry .

A m sterdam

A b e lg a is e q u a l t o fiv e fra n c s .

13.90
13.90
13.90
13.90
13.90
SUN
13.89%
13.89%
13.89%
13.89%
13.90
HOLI
SUN
13.89%
13.90
13.89%
13.90
13.89%
13.90
SUN
13.90
H OLI
13.89%
13.89%
13.90
13.89%
SUN
13.90

13.91
13.91
13.91
13.91
13.91
DAY
13.90%
13.90%
13.90%
13.90%
13.91
DAY
DAY
13.90%
13.91
13.90%
13.91
13.90%
13.91
DAY
13.91
DAY
13.90%
13.90%
13.91
13.90%
DAY
13.91

Lire

Sight

Reichsmarks

Bankers’
Checks
Cables

Bankers'
Checks
Cables

25.83a25.88 25.84a25.89 23.69a.69% 23.70a.70%
25.81i-a.85 25.82120.86%
23.69
23.70
25.71a25.77 25.72a25.78
23.69
23.70
25.69
25.70
23.69
23.70
25.80
23.69
25.81
23.70
SUN D A Y
SUN D A Y
25.81a25.84 25.82025.85
23.69
23.70a.70%
23.69
25.73a25.75 25.74a25.76
23.70
25.73
25.74
23.69
23.70
25.73%
25.74%
23.69
23.70
23.69
25.73a25.80 25.74a25.81
23.70
HOLI D A Y
H OLI D A Y
SUN D A Y
SUN D A Y
23.69
25.70a25.73 25.71025.74
23.70
25.69
25.70
23.69
23.70
25.71
25.72
23.69
23.70
25.71
25.72
23.69
23.70
25.72
25.73
23.69
23.70
23.69
25.72
25.73
23.70
SUN D A Y
SUN D A Y
25.71 % a .74 25.72% a.75
23.69%
23.70%
H OLI D A Y
HOLI D A Y
25.89a25.94 25.90a25.95
23.70%
23.69%
25.81a25.83 25.S2a25.84
23.69%
23.70%
23.70
23.71
25.86a25.89 25.87a25.90
25.88a25.90 25.89a25.91 25.6912a70% 25.70Ua71%
SUN jD A Y
SUN D A Y
25.94a.96% 25.95a.97%
23.71
23.70

1.31% a.3 3%
1.32%
1.31
1.31
1.30%
DAY
1.29%
1.29%
1.29
1.29% a.3 0%
1.30%
DAY
DAY
1.29%
1.29%
1.30
1.29%
1.29
1.29%
DAY
1.29%
DAY
1.29
1.29%
1.29
1.29%
DAY
1.28%

* V ie n n a

S p a n ish

Bankers'
Cables
Checks

Bankers’
Checks
Cables

Schilling

14%
14%
14%
14%
14%
SUN
14%
14%
14%
14%
14%
HOLI
SUN
14%
14%
14%
14%
14%
14%
SUN
14%
H OLI
14%
14%
14%
14%
SUN
14%

*Note.—Austrian exchange since the first of the year has been quoted in cents per schilling; paper kronen no longer quoted.




Bankers’
Checks
Cables

4.27
4.28
1.30% a.32%
4.25a 4.27% 4.26 a4.28%
1.31%
4.26% a4.28 4.27% a4.29
1.30
4.26% a.2 7% 4.27% a.2 8%
1.30
4.26%
4.27%
1.29%
SUN D A Y
SUN
4.24% a4.26 4.25% a4.27
1.28%
4.25 a4.27% 4.26 a4.28%
1.28%
4.26% a4.28 4.27% a4.29
1.28
4.31% a.3 3% 4.32% a.3 4% 1.28% a.29%
4.29 a4.31 4.30 a4.32
1.29%
HOL ID A Y
HOLI
SUN D A Y
SUN
4.30 a4.31% 4.31 a4.33%
1.28%
4.29% a.3 1% 4.30% a.3 2%
1.28%
4.29% a4.32 4.30% a4.33
1.29
4.30% a4.32 4.31 % a4.33
1.28%
4.32 a4.34 4.33 a4.35
1.28
4.36 a4.38 4.37 a4.39
1.28%
SUN D A Y
SUN
4.39% a.4 1% 4.40 % a. 42%
1.28%
H OLI D A Y
H OLI
4.34 a4.37 4.35 a4.38
1.28
4.33% a.3 5% 4.34% a.3 6%
1.28%
4.36% a.3 7% 4.37% a.3 8%
1.28
4.36 a4.37% 4.37 a4.38%
1.28%
SUN D A Y
SUN
1.27%
4.3612a4.3714 4.3712a4.3814

B erlin

Kroner

Bankers’
Cables

G reek

Drachma

14%
14%
14%
14%
14%
DAY
14%
14%
14%
14%
14%
DAY
DAY
14%
14%
14%
14%
14%
14%
DAY
14%
DAY
14%
14%
14%
14%
DAY
14%

Pesetas

16.75al6.89
16.73al6.81
16.62a.74%
16.52al6.60
16.62a.73%
SUN
16.81al6.95
16.69al6.84
16.69a.77%
16.74a.78%
16.77al6.83
HOLI
SUN
18.85a.92%
16.79al6.85
16.75al6.79
16.69al6.77
16.80a.86%
16.80al6.84
SUN
16.74al6.80
H OLI
16.77al6.84
16.75al6.77
16.77al6.79
16.76al6.78
SUN
16.78a.80%

16.76al6.90
16.74al6.83
16.63a.75%
16.53al6.61
16.63a.74%
DAY
16.82al6.96
16.70al6.85
16.70a.78%
16.75a.79%
16.78al6.84
DAY
DAY
16.86a.93%
16.80al6.86
16.76al6.80
16.70al6.78
16.81a.87%
16.81al6.85
DAY
16.75al6.81
DAY
16.78al6.85
16.76al6.78
16.78al6.80
16.77al6.79
DAY
16.79a.81%

Mar., 1927.]

11

MONTHLY REVIEW

in connection with the Scandinavian exchanges. Nor were
there any wide fluctuations in rates, except in the case of the
Norwegian crown in which more or less speculation has been
in progress for quite a while. Checks on Norway fell from
25.88 Feb. 1 to 25.69 Feb. 4, recovered to 25.84 Feb. 7,
dropped to 25.69 Feb. 15, then advanced to 25.94 Feb. 23,
and were 25.94@25.96% Feb. 28. The optimistic utterances
of the President of the Norges Bank, in advocating action to
hasten a return to pre-war gold parity for the Norwegian
crown, led to a renewal of bullish demonstration the latter
part of the month. The Danish crown was quoted at 26.64
Feb. 28, against 26.63@26.64 Feb. 1, and the Swedish crown
at 26.70 Feb. 28 against 26.67% @26.68 Feb. 1. Swiss
francs were 19.22% Feb. 28 against 19.22% Feb. 1. Dutch
guilders as represented by sight bills on London moved up
from 39.94% Feb. 1 to 40.02 Feb. 28. Announcement that
negotiations had been completed for the importation of some
$400,000 gold from Holland into the United States aroused
a good deal of discussion in exchange circles, in view of the
fact that prevailing rates were so close to gold parity. It is
said that a combination of low sterling and guilder rates
made purchases of gold more profitable than buying guilders,
and it is a fact that Holland has been drawing gold from
England in small quantities for some little time.
In exchange on South America the sharp advance in the
Argentine peso was the feature, checks on Argentina having
moved up from 41.31 Feb. 1 to 42.07 Feb. 28, the highest
point reached since 1920. Brisk buying incidental to the
export movement of grain from that country seemed to be the
principal factor in the rise, although improvement in the
country’s financial outlook and talk of the nearing of the
time when stabilization and a return to the gold standard is
to be an accomplished fact, also helped. The Brazilian milreis fluctuated within narrow limits, that is, between 11.80
and 11.90, with the rate Feb. 28 11.87 against 11.85 Feb. 1.
In rates on the Far East there were some wide fluctuations
in the rates on the silver-using countries, reflecting the
erratic fluctuations in the price of silver. This has particular
reference to the Chinese currencies, and here the military
conflicts in China may also have played a part in the break
which was precipitated. Dollars on Hong Kong dropped
from 52 13-16 Feb. 3 to 49% Feb. 14, and were 50 1-16@50%
Feb. 28. The tael on Shanghai, after moving up from 65
Feb. 1 to 67% Feb. 3, dropped to 62% Feb. 14, recovered
to 65% Feb. 19 and was 62@ 63% Feb. 28. Rupees on
Bombay showed only fractional changes during February.
The Imperial Bank of India again advanced its discount rate,

this time from 6% to 7% . Japanese yen moved fractionally
higher, rising from 48.85@49.00 Feb. 1 to 48.95@49.00
Feb. 28. After the sharp upward reaction in the price of
silver during January the price further advanced early in
February, touching 28d. per ounce Feb. 3. Then, however,
came a tumble to 26% d. Feb. 11, with a recovery to 27 3-16d.
Feb. 19, but with the price down to 26%d. Feb. 28.
CC^lCiOi^CrctOi—
‘ ©OCC^JCiCNh^OOtOi—
‘ ©COOO-^C5GTrf*-COtsSh

f£k rfk. rfk £k

OOOO00

0
00
04k
00000
rfk
rfk
iJ0
k0
>£0
k

Lhk t£k ^ £k

EsfZ

4k ^ rfk4k^

oc» 0000^
aO
aO
a
a
aO
aO
^O
O
OO4k
OO
O
Or/)!-"
4^ 4k

H
H
© --ft
ftCe^
h
h rncT
1rT100C
-I

0 4k4k4k0^0
^ ^
q 4^ tfktfkrfktfk £
0x0C
0l0d00>G0 > .4k0
00^ ^ [>
00 00 00
d 00
dC
ld 4k%
k>.4kO
d0d
^C
dO00
0 00°o\£ £
G
O-T0000
a
ft
a
a
a00
a ^ g CjCj
00jC
00iC
Q
C
00
C
jC
n0
CjC0i
000000 00
-r1ce

0000 00

G
O

4k4k4k4k4k
00G
O000000
4k4k4k4k4k^

4k 4k4k
00 0000
rfk4krfk4k4k

0
OG
OG
O0
40
kG
4k
4k
4k
^0^

00 “ G
OG
O

0
00
0“el°ei“*50
00
4k
4k
4k
40
k S £ ^\o£\^\oo 00£ coci°“K
00
40
k4k

4k4k
4k4k4k4k4k4k
^ 4^0
o00
o0(Xk^ 0
©00
o00
©00
o00
©00
©0

kO©©

^

4k4k

0000

4k4k4k^ 4*.

5
50

0000co°eo5G
O00
<2
<2 SOO
o22
“ ^C
©o O^^

»«
£
aOa
aO
aO
aO
aO
C
G
0O
0G
0
0G
0
0G
0
0C
G
OOOOOO

G
OOCoo\

1® ® a

4*4k4k 4k
4^4*M<| CO
* <*o * d ^ >t-2 >*•*■cj
S

s

Z - j - j s S M-aZ

000000>•g o 0000

4k4*-4k4k4k4k 4k
0 O
00
000000000000 00 00 to
^0
©00©00©
4k4*'®®4*-4k ©©©©©©
re
OcTeT00G
O
CO>»*\ei° *7* ^ 00G
13
a
a
a
a
a
a
^a
^
^
a
®a a a a
OOGCGCGOGOOO ‘“ OO'-^GO
gcco 00 00 W
eTcb9
TO0000,^^
© © © © © © “ ©JSw©
©
M O © O
©
4k4k
0000
G
OG
O00XG
O00
4k4k ^ 4k4k 4k4k4k4k4k4k
0000mm0000
0^
oeS 0000X toa
ttao
ea
a
a
aaaaaa t o t t ? a s
C
G
C
G
O
G
O
; 0O
0
c
o
•
*
? to
4k4k
4k4*.

RATES OF E XCH AN GE ON OTH ER CENTRES.

F eb

C a n ada

C zech o­
slovakia

B u ch a r e s t

D o lla r s

K ro n en

Leu

Z lo ty

C h ecks

C h ecks

C h ecks

C h ecks

1__ “f>4%
2_ _ 632%
3_- 53j%
4_ . s32%
S -- >64%
6 -7_. 632%
8_. 632%
9_ _ 632%
1 0 .- 532%
11_. 632%
12__
1 3 ..
1 4 .. 532%
1 5 .. 632%
1 6 -. 632%
17. _ 632%
18. . 532%
1 9 .. 632%
2 0 ..
2 1 .. 632%
2 2 ..
2 3 .. 632%
2 4 .. 632%
2 5 .. 632%
2 6 .. ®32%
2 7 ..
28_. n 64%

2 .9 6 ^
2 .9 6 ^
2.96 H

.54

e

2 .9 6 %
2 .9 6 %

.5 6 % a .5 7 %

disc.
disc.
disc.
disc.
disc.

2 .9 6 %
2 .9 6 %
2 .9 6 %
2 .9 6 %
2 .9 6 %

.5 6 %
.5 6 %
. 55 %
.5 5 % @ .5 6 %
.5 6 %

11.50
11.50
11.50
11.50
11.50

17.50
17.55
17.55
17.55
17.60
SUN
17.60
17.60
17.60
17.56
17.52

disc.
disc.
disc.
disc.
disc.
disc.

2 .9 6 %
2 .9 6 %
2 .9 6 %
2 .9 6 %
2 .9 6 %
2 .9 6 %

.56

.6 0 %

11.50
11.50
11.50
11.50
11.50
11.50

SUN
17.52
17.55
17.55
17.55
17.55
17.55

disc.

2 .9 6 %

.6 0 %

11.50

17.60

disc.
disc.
disc.
disc.

2 .9 6 %
2 .9 6 %
2 .9 6 %
2 .9 6 %

.6 1 %
■ 59%
. 59 H
.5 9 %

11.50
11.50
11.55
11.50

disc.

2 .9 6 %

.60

17.55
17.55
17.55
17.50
SUN
17.50

@ .5 8
.57 H
.58 %
.58
.59 %

C h eck s
1 .7 6 @ 1 .7 6 %
1.76 %
1-76 %
1 .7 6 %
1.76 H

C h ecks

11.50
11.50
11.50
11.50
11.50

11.50

dR u ssian
C h e r - <ZBulv o n e l z garia

S erbia

H u n g a ry

disc.
disc.
disc.
disc.
disc.

■

@ .54
•54M
.55
.56 %

P o lis h

1.76
1.76
1.76
1.76
1.75@ 1.75%
HOLI
1.76
1.76
1.76
1.76
1.76
1.76
SUN
1.76
HOLI
1.76
1.76
1.76
1.76
1.76

F in ­
n ish
M ark ­
ka

A r g e n tin a

B razil

P e so

M ilr e is

C h ecks

C h ecks

C a b le s

.73
.73
.73
.73
.73

C h ecks
2 .5 2 %
2 .5 2 %
2 .5 2 %
2 .5 2 %
2 .5 2 %

C h ecks

5.15
5.15
5.15
5.15
5.15
DAY
5.15
5.15
5 .I f
5.15
5.1;
DAY
DAY
5.15
5.15
5.15
5.15
5.15
5.15
DAY
5.15
DAY
f .15
5.15
5.15
5.15
DAY
5.15

41.31
41.31
41.45
41.49
41.47

C h ecks

41.36
41.36
41.50
41.54
41.52

C a b le s

11.85
11.80
11.90
11.80
11.85

11.90
11.85
11.95
11.85
11.90

.73
.73
.73
.73
.73

2 .5 2 %
2 .5 2 %
2 .5 2 %
2 .5 2 %
2 .i2 %

41.47
41.51
41.51
41.61
41.71

41.52
41.56
41.56
41.66
41.76

11.90
11.85
11.85
11.85
11.85

11.95
11.90
11.90
11.90
11.90

.73
.73
.73
.73
.73
.73

2 .5 2 %
2 .5 2 %
2 .5 2 %
2 .5 2 %
2. 2 %
2 .5 2 %

41.75
41.83
41.90
41.86
41.77
41.81

41.80
41.88
41.95
41.91
41.82
41.86

11.82
11.90
11.90
11.85
11.87
11.80

11.87
11.95
11.95
11.90
11.92
11.85

.73

2 .5 2 %

41.86

41.91

11.85

11.90

.73
.74
.73
.73

2 .5 2 %
2 .5 2 %
2 .5 2 %
2 .5 2 %

41.98
42.00
42.04
42.05

42.03
42.05
42.09
42.10

11.80
11.85
11.85
11.85

11.85
11.90
11.90
11.90

.73

2 .5 2 %

42.07

42.12

11.87

11.92

1
C o lom ­ E c u a ­
B olivia
bia
dor
B o liv ia n o D o l l a r s

Su cre

P eso

B o liv a r

C h ecks

C h ecks

* C h ile
P e so

x
■

P ortu ­
gal

H on g
K on g

S h a n g­
hai

Y oko­
ham a

M anila

S in g a ­
pore

B om bay

Java

L ib ra

E scu d o

D o lla r s

T ael

Y en

P eso

D o lla r s

R upees

G u ild e r s

C h ecks

C h ecks

C h eck s

C h ecks

C h ecks

C h ecks

C h ecks

C h ecks

y

P eru

1

U ru gu a y

V en e­
zuela

C h eck s

1 33 M

2 33%
3 33%
4 33%
5 33%

6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28

34
34
34
34
34

34
34
34
34
34
34
34
34
34
34
34
34

C h ecks

C h ecks

C h ecks

C h ecks

97.86
97.90
97.90
97.90
97.90

185i6 101.36al02.18
185ie 101.12al01.62
100.88
185i 6
1S516 100.88al01.62
185ie 100.88al02.12

19.06
18.75
18.75
18.75
18.75

11.95al2.12
11.95al2.06
12.00al2.12
ll.9 5 a l2 .1 0
11.95al2.12

3.69a3.70
3.69a3.70
3.69a3.70
3.69a3.70
3.69a3.70

98.00
98.00
98.00
98.00
98.00

185i6
1S516
185,6
1S516
18=18

101.78al02.13
101.32al01.67
101.53al01.87
101.52al01.87
101.75al02.13

18.75
18.75
18.75
18.75
18.75

98.00
98.00
98.00
98.00
98.00
97.91

18 =16
1S=16
18=16
lS=ie
18=16
18=16

101.52al02.00
101.78al02.13
101.73al02.00
101.73al02.08
101.50al02.08
101.50al02.08

18.75
18.75
18.75
18.75
18.75
18.75

97.91

1S=16

101.60al02.0S

18.75

97.91
97.91
97.91
97.91

18=16
18=16
18=16
18=16

101.60al02.08
101.50al02.08;
101.12al02.39'
101.25al02.39

18.75
18.75
18.75
18.75

97.91

18=16

101.25al02.39

18.75

* Cents ol U . S. m oney per Chilean peso,
lent to .
marks.

1 800.000




z

5.15
65
51=16 a52
a 6 5 J 4 48.85o49.00 49.50o49.75 5 6 % a 5 6 % 3 6 % a 3 6 % 1 0 % a l O V i
5.15 5113i6fz52 H 66
a 6 6 % 48.85o49.0049.50049.7556^ a 5 6 % 36 % a 3 6 % 40.10o40.25
5.15
5 2 % 0521=16 67
067 % 48.85a49.00 49.50a49.75 56 % a 5 6 % 3 6 % a 3 6 % 40.10o40.25
5.15 52=16 a 5 2 % 67
a 6 7 % 48.85a49.00 4 9 ,50o49.60 56 % a 5 6 % 3 6 % a 3 6 % 40.10o40.25
5.15
a 6 7 % 48.85a49.0049,50a49.60 56 % a 5 6 % 3 6 % a 3 6 % 40.10o40.25
51>=i6a52M 67
SUN D A Y
11,95al2.12 3.69a3.70
5.14 519ie a 5 2
65^g 067
58.85049.00 49.50049.60 56Ig a 5 6 ^ 36 ^8 «36
40.10a40.25
11.95al2.00 3.69a3.70
5.14 51Ui6a52
65iii6066
48.85a49.0049.50a49.60 56% a 5 6 % 36 % a 3 6 % 40.10a40.25
ll.9 5 a l2 .0 0 3.69a3.70
5.16 51=16 a 5 1 % \ 6 i % a 6 5
48.85a49.0049.50a49.60 56% a 5 6 % 3 6 % a 3 6 % 40.10a40.25
11.93al?.12 3.69a3.70
5.14 507ie a515ie 63=4 a 6 1 % 48.85a49.00 49.50a49.6056% a 5 6 % 3 6 % a 3 6 % 40.10a40.25
5.14 497i6 a50
11.92al2.10 3.66a3.68
6 2 % a 6 3 % 48.85a49.0049.50a49.6J56Ig a 5 6 % 3 6 % a 3 6 % 40.10a40.25
H OLI D A Y
SUN D A Y
11.92al2.09 3.66a3.67
5.14 4 9 ^ a ! 9 % 6 2 % «63
48.85o49.0C 49.50o49.60 56tg a 5 6 % 3 6 ^g a 3 6 % 49.10o40.25
11.95al2.12 3.66a3.68
5.14 49=16 a ! 9 % 6 2 % a6 3
48.85a49.00 4 9 ,50a49.60 56
a 5 6 % 3 6 % a 3 6 % 40.10a40.25
11.92al2.12 3.64a3.66
5.14
50=16 a 5 0 % 6 2 % a 6 3 % 48.85a49.0049.50o49.60 5 6 ^ a 5 6 % 3 6 % a 3 6 % 40.10a40.25
5 . 1 1 % 50=16 a 5 0 % 6 3 % a 6 3 % 48.85a49.0049.50o49.60 56 % a 5 6 % 3 6 % a 3 6 % 40.10a40.25
11.92al2.10 3.64a3.65
5.14 501=16051
11.92al2.10 3.64a3.65
65
a 6 5 % 48.90a49.0049.50a49.6 0 5 6 H a5 6 % 3 6 % o .3 6 % 49.10a40.25
5.14 50i=iea51H 65
11.91al2.10 3.63a3.64
a 6 5 % 48.90a49.0049.75a49.88 56ki a 5 6 % 3 6 % a 3 6 % 4 0 .U 040.25
SUN D A Y
5.15
11.92al2.10 3.64a3.65
a 6 1 % 48.90a49.00 49.50a49.75 56 % a 5 6 V s 3 6 % a 3 6 % 40.10a40.25
507i 6 a51M 64
H OLI D A Y
1
11.92al2.10 3.64a3.65
5.15 507i 6 a 5 0 % 64
a 6 i % 48.90049.0049.50o49.755 6 ^ a 5 6 % 3 6 % a 3 6 % 40.10a40.25
5 . 1 1 % 50 % a 5 0 V s 6 3 % a 6 3 % 48.95a49.00 4 9 .60o49.88 56 % a 5 6 % 3 6 % a 3 6 % 40.10o40.25
11.92al2.10 3.64a3.65
5 . 1 1 % 50=16 a 5 0 % 63 >4 a 6 3 % 48.95a49.00 49.75a49.88 56Ig a 5 6 % 3 6 % a 3 6 % 40.10a40.25
11.91al2.10 3.6 i % a . 6 6
5 . 1 1 % •505ie a50>^ 6 3 % a 6 3 % 48,95a49.00 49.75a49.88 56 % a56 % 36M o367i« 40.10a40.25
11.91al2.10 3 . 6 4 % a . 6 6
SUN D A Y
1
11.91al2.03 3.65a3.67
5 . 1 1 % 50=16 a 5 0 % 62
o63M 4S.95a49.00 49.75a49.88 56M a 5 6 % 3 6 M o 3 6 7n 40.10a40.25
American m oney per Peruvian pound, y Value ol one escudo in U . . currencycl Nominal. eT h e zlotyis eauiva-

12

N e w Y o r k St o c k E x c h a n g e
M O N TH LY AND Y E A R L Y RECORD

The following tables furnish a complete record of the New York Stock Exchange transactions for the past month and
the year 1926 to date. They need no extended introduction, as they are self-explanatory. The tables embrace every
security dealt in on the Exchange. We give bonds first, using the classification adopted in the official list. The blackaced letters in the column headed “ Interest Period” indicate in each case the month when the bonds mature.
In accordance with the rule adopted by the New York Stock Exchange in 1909, all quotations for interest-paying
onds are at a price to which accrued interest must be added. The exceptions to the rule are income bonds and bonds on
ivhich interest is in default. A few other bonds, like the Holland-American Line 6s and the Anton Jurgens Works 6s, for
special reasons, are also quoted “ flat,” but where this is the case the notation “flat” will be found against the name of the
issue. This method of quoting bonds became effective January 2 1909.
F or footnotes to tables see last page o f bonds and last page o f stocks.
B O N D S — P R IC E S A N D SALES F O R F E B R U A R Y A N D R A N G E F O R T H E Y E A R T O D A T E .
BONDS
N. T . STOCK EXCHANGE.

| § Sales in
S r February.
>5a. Par Value.

Price
Jan. 3
1927.

U S G overnm ent
Bid.
Ask.
/irat Liberty Loan—
707.000 101s32Sale
First 3 M s.................... .1932-1947 J
5.000
Registered___________________ J
31,000 10016S2l001732
First 4s...........................1932-1947 J
1.000
Registered___________________ J
279 .000 1023032Sale
First 4 54s........................1932-1947 J
Registered___________________ 3
4,000 1022832Sale
First Second 454s____ 1932-1947 3
Registered___________________ J
Second Liberty Loan—
56,000 100*321001*32
Second 4s....................... 1927-1942 M N
Registered____________________ M N
Second 4 54s................. 1927-1942 M N 2 .1 5 5 .0 0 0 101132Sale
482 .000 100n 32Sale
Registered___________________ M N
Third Liberty Loan—
Third 454s-............................. 1928 M S 1 .131.000 1011732Sale
48,000 101u 32Sale
Registered___________________ M S
fourth Liberty Loan—
1.709.000
Fourth 4548--............... 1933-1938 A
138.000
Registered___________________ A
903.000 110«32Sale
Treasury 4 54s ................... 1947-1952 A
Registered______________________A
4.000 110s32Sale
Treasury 4s_____________ 1944-1954 J
327.000 1 0 6 432Sale
1.000
Registered_____________________ J
Treasury 3 Ms---------------- 1946-1956 M 8 1.718.000 103632Sale
State an d C ity Securities
ew York City— 454s________ 1960 M S
3,000 100M 10054
Registered___________________ M 8
454s Corporate stock_______ 1964 M 8
10254
1,000 102 54
4 Ms Corporate stock_______ 1966 A O
£3^8___________
1972 A O
15,000 102M
J
D
4 Ms Corporate stock IIIIU Il97 1
10654 . . .
1,000 106 M 10654
454s Corporate stock_______ 1967 J J
4Ms Corporate stock_______ 1965 J D
106 M 106 Vs
4 Ms Corporate stock_______ 1963 M 8
106 106%
7,000 9854 9954
4% Corporate stock________ 1959 M N
Registered___________________ M N
4.000
4% Corporate stock________ 1958 M N
1.000 9854 9954
4% Corporate stock________ 1957 M N
4s
------------------------------- 1956 M N
Registered
M N
4 s ..................
1955 M N
# 8 -.................... ..............Nov. 1936 M N
1,000 10554 106
4Ms Corporate stock_______ 1957 M N
11,000 105 54 106
4M % Corporate stock______ 1957 M N
Registered____________________ M N
4,000 89 M 90
*M % Corporate stock______ 1954 M N
8M s---------------------------N ov. 1954 M N
89 M 90
3M % Corporate stock______ 1955 M N
W Y SState
ta Canal
~
4s___________ 1961 J J
4s__......................
...1 9 6 0 J J
4s--------------------------------------- 1962 ____
4 Ms Canal--------------------------1964 J J
Highway Improvement 4Ms_1963 M S
F oreign Govt, and M unicipalities!
199.000 94 54 Sale
Antioquia Dept of 7s A _______ 1945 J J
139.000 94 M Sale
External s f 7s ser B ...........1945 J J
387.000 98
Sale
Argentine Govt public works 6s I960'A O
231.000 98
Argentine Nation (Gov) s f 6s. .1959 3 D
Sale
209.000 9854 Sale
Extl s f g 6sof Oct 1925_____ 1959 A O
211.000 08 M Sale
Sinking fund gold 6s ser A . . . 1957 M S
E xternal6sserB ___________ 1958!J D
189.000 98
Sale
200.000 98 Sale
Ext s f 6s o f M ay ’26 w 1_____ 1960 M N
476.000
External 6s Sanitary Works.1961 F A
46.000 8954 9054
Argentine (Rep) 5s o f 1909____ 1945 M 8
422.000 97 M Sale
Australia 5s o f 1925..July 15 1955 J J
217.000 10154 Sale
Austrian Govt s f 7s_______
1943 J D
342.000 98 Vs Sale
Bavaria (Free State) 6Ms_____1945 F A
112.000 111 M Sale
Belgium 25-year ext s f 7Ms g ..l9 4 5 J D
113.000 10854 Sale
20-year sinking fund 8s_____1941 P A
280.000 97
25-year ext 6 M s ____________1949 M S
Sale
502 .000
External 8 f 6s________
1955 J J
92 Vs Sale
687.000 102M Sale
External s f 7s______________ 1955 3 D
531.000 101 Vs Sale
Stabilization loan 7s_______ 1950 M N
Bergen (Norway) s f 8s_______ 1945 M N
81.000 11254 Sale
25-year s f 6s_______________ 1949 A O
21,000 99 M 10054
316.000 98 54 Sale
Berlin (Germany) s f 8Ms......... 1950 A O
30.000 103 M Sale
Bogota (City) ext g 8a________ 1945 A O
241.000 104 M Sale
Bolivia (Republic of) s f 8s____1947 M Ni
345.000 93 54 Sale
Bordeaux (Oityfof) 15-year 0S..1934 M K
Brazil (U 8 of) external 8s_____1941 J D 1
87.000 104 54 Sale
Ext s f g 6 Ms----------------------- 1957 A O 1.683.000 89 54 Sale
681.000 95 M Sale
Cent R y 30-year g 7s_______ 1952 3 D
54.000 104 M 106
Sink fd 7 Ms (coffee se c ).1952 flat A O
Bremen ext g 7s trust rects___ 1935 M S
168,000 102 M Sale
Buenos Aires extl 6M s________ 1955 J J
57.000 99 M Sale
130.000 92
Sale
Bulgaria (Kingdom of) s f g 7s. . 1967 J J

i

168.000 98
Caldas Dept of (Colombia) 7Msl946 J J
Sale
51.000 101M Sale
Canada, Dominion of, 5s_____1931 A O
181,000 10154 Sale
10-year gold 5 Ms___________1929 F A
161,000 104 M Sale
30-year gold 5s....................... 1952 M N
154.000 98 M Sale
4Ms------------------------------------ 1936 F A
16.000 103 Vs 104
Oarlsbad (City) 8s____________1954 J J
81,000 108 54 Sale
Chile Republic exter s f 8s_____1941 F A
209.000 10054 Sale
20-year external s f 7s______ 1942 M N
50.000 108 Sale
25-year extl s f 8s gold______ 1946 M N
External sinking fund 6s____1960 A O 1.287.000 9254 Sale
151.000
Extl sink fund gold 6s_______ 1961 F A
110.000 96 Sale
Chile M tgeBankofJune306M sl957 J D
170.000 97 54 Sale
Sinking fund gold 6Ms guar.1961 i D
45.000 25 54 Sale
Chinese. Hukuang R y 5s______ 1951 3 D
5,000 100 M 10154
Christiania (City) (Oslo) 30-yr 6s ’54 M S
318.000 97 54 Sale
Cologne (Germany) 6M s______ 1950 M 8
Colombia (Rep) extl 6 Ms_____1927 A O
13.000, 100 100M
98,000; 99 M Sale
Copenhagen 25-year s f 5 Ms__ 1944 J J
54.000 97 54 Sale
Cordoba (Prov) Argen 7s_____1942 J J
Cuba Rep o f 5s o f 1904_______ 1944 M 8
22.000 101 10154
16,000 10154 101M
5s ext debt Ser A o f 1914____ 1949 F A
4 M s external loan__________ 1949 F A
14.000, 93 54 94
30-vear s f 5 Ms__________ .1953 J .T
131.000 101 Vs Sale
28,000
Oundinamaria (Dept Col) 7s A.1946.J D
167.000 105 M Sale
Czechoslovak (Rep of) 8s____ 1951 A O
Sink fd 8s ser B _____________ 1952 A O
214,000, 105 54 Sale
External » f 7 Ws Ser A ____ 19451A O
854,000! 104 M Sale




PRICES I N FEBRUARY.
Feb. 1.
Bid.

Feb. 28.

Ask. Bid.

101u 32Sale

Ask.

101ls32Sale

1031232Sale

Highest.

Lowest.

Highest.

Sale Prices.

Sale Prices.

Sale Prices.

Sale Prices.

101l032Feb.
1011332Feb.
1002432F e b .
1001632Feb.
103332 F e b .
1 0 3 432 F e b .

100*32 1 00*3! 100 *32 1 00 *32 101 632 F e b .
1001832Feb.
1001532Feb.

100I932Sale

100 1732Sale

RANGE SINCE JAN . 1.

Lowest.

101732 Sale
101 432 Sale

101ll8iSale
101*32 Sale

101*32 F e b .
101 432 F e b .

1032632Sale
1032232Sale
1 102332Sale

1032632Sale
1032332Sale
l l l 1432Sale

1062832Sale

1 0 7 432 Sale

1032432Feb.
1032032Feb.
1 102132Feb.
1102»32Feb.
1061832Feb.
10613s2Feb.
1032532Feb.

3
25
25
25
3
14

101213!F eb.
101!332Feb.
101l832Feb.
1001632Feb.
1031332Feb.
103 432Feb.

3 101

26
25
4
25
28
14

101332 Ja n .
3 1012132Feb.
101*32 Ja n . 22 1011332Feb.
1001732Jan. 10 101
Feb.
1001632Feb. 25 100u 32Feb.
1022*32Jan.
6 1031332Jan.
1022532Jan.
6 1 0 3 432 Jan .

F e b . 23

101

10254 103
--103 10254 103
103 a 102 Vs 103
107 54 107 Vs
10654 1075 s
106 Vs 107 Vs
...
10754 106 M
99 54 9954
Sale

2 1011332Feb. 15 101*32 F e b .
1 1011032Feb. 9 1 0 1 432 F e b .
1032*32Feb.
1032432Feb.
l l l 1832Feb.
1102632Feb.
107 «32Feb.
1061332Feb.
1041632Feb.

1031332Jan.
1031032Jan.
110*32 Jan .
1 10332 Ja n .
1 0 5 432 Jan .
1061332 Feb.
103*3jJan.

10654 Feb

Feb.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

10654
10654
10654
9954
99
9954
100

Jan.
Jan.
Jan.
Feb.
Jan.
Feb.
Jan.

9,10654 Feb.

99M Feb.
995! Feb.

9854

98 Vs 99

9854 Jan. 12 9854 Jan. 12

102

97 54
10554
103 54
11254
99 M
100 54
104
104 54
97 54
107 Vs
95 54
98 M
10454
104M
100 54
93 M

95M|Feb.
95M Feb.
9754 Feb.
98 F eb.
98
Feb.
98M Feb.
98
Feb.
98 Feb.
9854 Feb.
9054 Feb.
97 54 Feb.
103)4 Feb.
9954 F e b .
11154 F e b .
108 F e b .
10054 F e b .
Sale
95 54 F e b .
Sale
10354 F e b .
102 F e b .
Sale
Sale 113
113M 11254 F e b .
100M 100H Sale 9954 F e b .
Sale
9954 F e b .
99 % Sale
Sale 103M Sale 1035s F e b .
Sale 10354 F e b .
Sale 104
Sale
9554 F e b .
95 M Sale
Sale 10654 F e b .
Sale 107
92
F eb.
Sale
93 Vs Sale
Sale
9554 F e b .
98 M Sale
105
10454 105 M 10454 F e b .
Sale 103 Vs Sale 10354 F e b .
Sale 100M Sale
99)4 F e b .
91 F e b .
Sale
9154 Sale

98 54
101 Vs
101 Vt
10454
98 M
104)4
108 M
100 54
108 %
9354

Sale
Sale
Sale
Sale
Sale
105
Sale
Sale
Sale
Sale

96 M
97 M
29 54
10054

100

99 54
10054
98
100
10154
94 M
10254
108 54
107 M
106

9 10654
10654
10654
1 99
99
9 99
9 9854

10654 106 54 106M Feb. 21 10654 Feb. 16 10554
10654 10654 10654 Feb. 16 107 Feb. “ 10554
106
9054 Feb. Ill 90M Feb. 28 8954
90 M Sale
8954
9 0 54-------

96 54
96 M
98 M
98 %
98 M
99 %
98 K
98 M
98 M
90 M
97 Vs
103 H
99 Vs

Sale
Sale
Sale
Sale
Sale
Sale
Sale
Sale
Sale
Sale
Sale
Sale
Sale
112 Sale
109M Sale
101 Sale
95 M Sale
10354 Sale
102Vs Sale

9754
97
9854
9854
9854
1 100
98J4
99
9854
28 92
3 9854
21 10554
19 10054
14 11354
5 10954
7 10254
24 9754
8 10554
8104
14 11354
10 10054
23 10054
24 10454
23 10554
7 9754
18 10854
14 9554
15 9954
9 10554
26 105
18 10054
24, 9354

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

9754 Feb. 2l! 9854 Feb.

102 Sale 101 Feb. 1 102 Feb.
101 % Sale 10154 Feb. 10 10254 Feb.

10454 Feb.
9854 Feb.
10454 Feb.
Sale
107 5s Feb.
Sale 10054 Feb.
Sale 108
Feb.
Sale
92h F e b .
9354 F e b .
Sale
Sale
9454 F e b .
95
96
Feb.
Sale
9654 Sale
Feb.
Sale
27 H 2854 26
9954 Feb.
10154 100 Sale
99 Feb.
Sale
99 % Sale
100M 100M Sale 99 54 Feb.
Sale 100 Sale
9954 Feb.
98
F eb.
9854 9854 Sale
10054 100M 101M 10054 F e b .
;10154 F d b .
10154
9454 Feb.
95 3
A 94 M '§ 5 "
Sale 103 M Sale 10154 Feb.
95
95 K , 9554 Feb.
Sale 10854 Sale 10854 Feb.
Sale 108 M Sale 10754 Feb.
Sale 106 M Sale 10554 Feb.
104M
98 M
105 M
107 Vs
10054
108 M
93 M

Sale
Sale

26
13
18
18
21

Jan.
Jan.
Jan.
Feb.
Jan.

3 9954 Feb.

97 H Sale

7
25
24
16
28
16
24

10054
100
10254
10254
10254

9954 Feb.

Sale
Sale
Sale
Sale
Sale
Sale
Sale
Sale
Sale
Sale
Sale
Sale
Sale
Sale
Sale
Sale

10 3 2*32Feb.
1032432Feb.
l l l i 832 F e b .
1102«32Feb.
107*32 F e b .
1061332Feb.
1041632Feb.

Jan.
Jan.
Feb.
Feb.

99 M 99 M 9954 Feb.
99% Feb.
99M

96 54
9554
98 H
98 M
98 54
98 M
98 M
98 54
98 K
90 54
9754
104 H
10054
113
108 Vs

2 1012132Jan.
1 101I 632 Jan.

100
10254
10254 Feb. 18 102% Feb. 18 10254
10254 Feb. 25,10254 Feb. 25 10254

99
99
9854
106 M
10654

F e b . 23

10 0 2432F e b . 29 1001832Feb. 2 1 0 1 432 Jan .
10 0 2032F e b . 4 1001632Feb. 23 10 0 3132Jan.

i0 32732Saie i04‘ 4’32Saie
100M---- 100 54 Sale 10054 Feb. 16 10054 Feb. 28 10054 Feb.
10254
102 %
102M
1065i
10654
106Vs
10654
99 M

26
25
4
25
17
19

1 10454
2 98 54
7 10554
28 10954
17 101
5 109
15 9354
10 9354
26 9654
28 9754
4 3054
5 10054
1 10054
8 10054
2 10054
41 9954
4 10154
15 101J4
2, 9454
4 10354
25 96
1 10954
1 10854
2 10854

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

Jan.
Jan.
Jan.
Feb.
Jan.

20
29
4
28
19

Jan.
9754 Feb.
Jan.
Eeb.
97
«8M Jan.
Jan.
Jan .
9854 Feb.
Jan.
9854 Jan.
100 Feb.
Jan.
Jan.
9854 Feb.
Feb.
99
Jan.
Jan.
9854 Feb.
Feb.
92
Jan.
Jan.
9854 Jan.
Jan.
10554 Feb.
Jan.
0054 Jan.
14
Jan.
Ill
Jan.
108 Jan.
10954 Feb.
9654 Jan.
0254 Jan.
Jan.
08
92 54 Jan.
10254 Jan. 3 10554 Feb.
101 54 Jan. 3 104 Feb.
11254 Feb. 14 11354 Jan.
9954 Jan. 5 100 54 Jan.
9854 Jan. 3 10054 Feb.
1 0 2 4 f -Tan. 12 10454 Feb.
10354 Feb. 23 10554 Feb.
9354 Jail. 31 9754 Jan.
104 Jan. 5 10854 Feb.
89
Jan.
Jan.
96
9454 Jan.
9954 Jan.
106
i an.
103 54 Jan.
Feb.
103
102 54 Jan.
9954 Jan. 7,10054 Feb.
91
Feb. 24j 9454 Jan.

19
18
13
1
7
4
25
5
10
4
26
8
28
18
28
31
31
1
1
17
10
2
1
1
31
3
31
29
7
1
11
31

2ll 9854 Jan.
10 102
Feb.
10,10254 Feb.
5 105 54 Jan.
3 9854 Feb.
5(10554 Feb.
28 10954 Feb.
Jan.
5'l01
51109 Jan.
3 93 M ■Tan.
10 93 54 Feb.
26 9654 Jan.
28 98 54 Jan.
10 30 54 Feb.
5 101)4 Jan.
3 10054 Feb.
31 10054 Feb.
10054 Heb.
9954 Jan.
10154 Feb.
10154 Feb.
9454 Feb.
103 54 Feb.
Feb.
96
110 Jan.
5 10854 Feb.
340854 Feb.

22
25
19
11
2
25
4
13
13
15
7
15
7
1
26
11
9
J
17
19
16
11
15
25
31
11
7

Jan.
Jan.
Jan.
Jan.
Jan.

10654
107
106
90M
8954

94
94
9754
9754
9754
9754
9754
97 54
98
9054
9754
10154
9854

9754 Feb.
10054 Jan.
10154 Feb.
104
Jan.
98 54 Jan.
103M Jan.
10754 Feb.
100 Jan.
10754 Jan.
92)4 Jan.
93 54 Feb.
9454 Feb.
96
Feb.
2454 Jan.
9954 Feb.
97 54 Jan.
9954 Jan.
9954 Jan.
9754 Jail.
10054 Jan.
10154 Jan.
94 Jan.
101 54 Jan.
95)4 Feb.
105 Jan.
10454 Jan.
10454 Jan.

M ar .,

1927.]
BONDS

7 . STOCK EXCHANGE.

£ o Sales in
■gfe February.
£ £ Par Value.

Price
Jan. 3
1927.

s
Bid.
Ask.
Foreign Governm ent (Concluded)
74,000 109)4 110
Danish Cons Munlc s t 8s A ___1946 F A
34,000 109)4 Sale
Series B sink fd 8a_________ 1946 F A
139,000 10334 10434
Denmark 20-yr extl gold 6s____1942 J J
47,000 99)4 9934
Dominican Republic 5 )4 9 _____ 1942 M S
93,000 100 )4 101
Dresden (City) ext 7s_________ 1945 M N
114,000 103)4 Sale
Dutch East Ind 25-year ext 6s. 1947 J J
128,000 103)4 Sale
40-year extl sink fd gold 6s__1962 M S
17,000 102
Sale
30-year extl g 5)4s____Mar 1953 M S
23,000 101 Vs Sale
30-year extl gold 5)4s._N ov 1953 M N
32,000 10754 Sale
El Salvador (Rep) 8s-------------- 1948 J 3
81,000 93
Sale
Finland (Rep of) exter 6s_____1945 M S
59,000 10054 Sale
External sinking fund 7s------1950 M 8
236,000 96 lA Sale
External sinking fund 6)4s--1966 M S
216,000 96 Sale
Finnish m unloanfiH s A _____l9541A O
22,000 95 Vs Sale
Extl 6)4s Ser B ................... .1954 A O
389,000 10854 Sale
French Repub 25-year ext 8 s .. 1945 M S
816,000 105)4 Sale
20-year external loan 7)4s__ 19411J D
External 7s of 1924 _________1949 iJ D 1,566,000 99M Sale
German Republic. _
7s-----------10634 Sale
- - 19491A
----M
sO 1,068,000
434,000 10134 Sale
German Cent Agric Bank 7s
1950
77,000 101 54 Sale
Graz (Municipality) 8s_______1954 M N
133,000 10454 104)4
Grt Brit & Ire., 20-year 5 )4s . 1937 F A
Registered___________________ F A
103,000 118)4 11834
10-year conv 514a__________ 1929
112,000 104 Sale
Greater Prague (City) 7)4s----- 1952 Ed N
243,000 93)4 9434
Greek Govt s f sec 7s_________ 1964 M N
58,000 99
Sale
Haiti (Rep of) Oust s f 6 s ____1952 A O
37,000 10334 Sale
Heidelberg (City) extl s f 7 ) 4 s - .1950
152,000 97% Sale
Hungarian Mun Loan 7)4s----- 1945
593,000
E xtern a ls! 7s_______ Sept 1 1941 J
110,000 100)4 Sale
Hungary (King of) s f 7H s---- 1944 F
135,000 10134 Sale
Indus Bk o f Japan 6% notes..1927jF
2,457,000 93 Sale
Italy (Kingdom) external 7s___1951 J
274,000 90
Sale
lapanese Govt sterling In 4s_1931'J
504,000 100
Sale
Ext s f 644s________________1954!F
225,000 9434 Sale
Oriental Development 6s___ 1953 M S
140,000 10034 Sale
Leipzig (City) ext l s f g 7s___ 1947 F A
299,000 93)4 Sale
Lyons (City of) 15-year 6s____1934M N
304,000 93 Vs Sale
Marseilles (City) 15-yr 6s_____1934 M N
Mexican Irrig 444s___________ 1943 ____
9,000 32
33
Assenting s f 444 s__________ 1943
2,000
Mexico (U S) extl 5s o f 1899£--1945 Q J
137,000, 48
Assenting 5s o f 1899________ 1945
Assenting 5s large______________
2434 26
Gold debt 4s o f 1904________ 1954
151,000: 2434 Sale
Assenting 4s o f 1904____________
Assent 4s o f 1910 July '24 c o u p .. J J
213,000
Assenting 4s o f 1910 large_______
503,000
Assenting 4s o f 1910 small---------122,000 4034 42
J
Treas 6s o f 1913 assent (large) ’33
142,000
Small________________________
40,000 101)4 Sale
Montevideo s f g 7s__________ 1952 J D
22,000 107 34 Sale
Netherlands s f 6s Flat________1972 M S
150,000 10354 Sale
30-yr ext s f 6s____________ 1954 A O
102,000 10134 10134
Norway 20 yr extl s f 6s______ 1943 F A
204,000 10134 Sale
20-yr extl s f 6 s ___________ 1944 F A
98,000 10134 Sale
30-yr extl s f 6s____________ 1952 A O
205,000 9854 Sale
40-year extl s f 544 s________ 1965 J D
53,000 101)4 Sale
Oslo (City) 30-yr s f 6s_______1955 M N
111,000 97)4 Sale
Sinking fund gold 544 s_____ 1946 F A
18,000 102)4 10234
Panama (Rep) extl 544s---------1953 J D
33,000 103)4 Sale
Peru (Rep) extl 8 s___________ 1944 A O
141,000 10034 Sale
External 744s-------------------- 1940 M N
91,000 7634 Sale
Poland (Rep of) g 6s__________ 1940 A O
776.000 93 % Sale
External s f 8s-------------------1950 J J
16,000 10334 Sale
Porto Alegre (City of) 8s---------1961
39,000 i i m Sale
Queensland State ext s f 7s------1941
92,000 104)4 Sale
25-year extl 6s_____________ 1947
40,000 10334 Sale
Rio Grande Do Sul extl 8s____1946
59,000 102)4 Sale
Rio de Janeiro 25-yr s f 8s_____1946
124,000 102)4 Sale
25-year extl s f 8s--------------- 1947 A O
35,000 104 Sale
Rotterdam (City) ext 6s_____ 1964 M N
24,000 10734 108)4
San Paulo (City) s f 8s_______1952 M N
56,000 105)4 Sale
San Paulo (State) ext s f 8s__ 1936 J J
58,000 105)4 Sale
External s f 8s_____________ 1950 J J
111,000 99)4 Sale
Ext 7s water loan w 1_____ 1956 LVl S
104,000 93 34 Sale
Santa Fe Prov (Arg Rep) 7s— 1942 M S
531,000 9754 Sale
Seine Dept (France) 20-yr 7s—1942 J J
155,000 97 34 Sale
Serbs, Croats & Slovenes 8s__ 1962 M N
129,000 9134 Sale
Solssons (City) extl 15-yr g6s—1936 M N
63,000 10254 103
Sweden (Kingd) 20-yr 6s--------- 1939 J D
81,000 10254 Sale
Extl g 5 4 4 s__________ _____ 1954 M N
111,000 113)4 Sale
Swiss Confederation s f 8s_____1940 J J
89,000 102 Vs Sale
Switzerland (Govt) ext 544s__ 1946 A O
95,000 7554 Sale
Tokyo City loan o f 1912 5s____1952 M S
33,000 100
Trondhjem (City) ext 644s------1944 J J
100)4
83,000 94
94)4
Upper Austria (Prov) extl 7s._1945 J D
16,000 108)4 109
Uruguay (Rep) external 8s____1946 F A
400,000 95)4 Sale
Ext s f 6s w i ---------------------- 1960 M N
533,000 93)4 Sale
Yokohama (City) ext 6s______ 1961 J D
Railroad
4,000 103
Ala Gt Sou 1st cons 5s A ______ 1943 J D
2,000 10034 102
Ala Midland 1st gu g 5s_______ 1928 M N
10,000 ; 87 Vs
Alb & Susq conv 344 s________ 1946 A O
7,000 1 8434 85)4
Allegh & West 1st g gu 4s_____1998 A O
Alleg Valley gen gu g 4s-----------1942 M S
95)4 Sale
20,000 79)4 81
Ann Arbor 1st g 4s_______July 1995 Q J
110,000 93
Sale
Atch Top & S F gen g 4s--------- 1995 A O
145,000
Registered_________________ 1995 A O
6,000 8734
Adjustment g 4s_______July 1995 N ov
Registered_________________ N ov
84)4
34,000 8734 Sale
Stamped____________ July 1995 M N
1,000 84 )4
Registered_________________ M N
17,000 87)4 88)4
Conv g 4s o f 1909--------------- 1955 J D
13,000 87 34 88)4
Conv g 4s o f 1905__________ 1955 J D
3,000 86
Conv g 48 of 1910----------------1960 „ D
87)4
23,000 9934 9954
East Okla div 1st g 4s--------- 1928 M S
2,000 8934
Rocky M t div 1st 4s A ____ 1965 J J
12,000 9034 9154
Trans-Cont Ihort Line 1st 4s gl958 J
2,000 98
Oal-Arlz 1st & ref 4 44s____ 1962 M S
8,000 10434
Atl Knox & No 1st g 5s--------- 1946 J D
9834
Atl & Char A L 1st 444s A ------1944 J J
2,000 10334 104)4
1st 30-year 5s ser B ------------ 1944 J J
Atlantic City 1st con guar g 4s. 1951' J~ J
8534 90
132,000 9434 Sale
Atl Coast L 1st cons 4s____July 1952 M S
96,000 10451 105)4
10-year secured 7s_________ 1930 M N
18,000 9734 9834
General unified 444 s------------ 1964 J D
29,000 91)4 92
L & N collat gold 4s_____Oct 1952 M N
54,000 80
Sale
Atl& Danville 1st g 4s------------ 1948 J
10,000 7254 74)4
Second 4s__________________ 1§48 J
12,000 83 34 82)4
Atl & Yadkin 1st gu g 4s--------- 1949 A O
Austin & N W 1st g 5s________ 1941 J
107
140,000 93)4 Sale
Balt & Ohio 1st g 4s_____ July 1948 A O
2,000 89)4
Registered___________________
416,000 97)4 Sale
Convert 444 s______________ 1933
316,000 100)4 Sale
Refund & gen 5s ser A ---------1995 J D
142,000 10434 Sale
1st gold 5s_________________1948 A O
187,000 10234 Sale
10-year 6s--------------------------- 1§2§ J J
314,000 10754 Sale
Rer and gen 6s, series C ------1995 J D
P L E & W Va Sys ref g 4 s . . 1941 M N
21,000 9254 Sale
161,000 101 Vs Sale
Southw Div 1st 5s__________ 1950 J J
53,000 82)4 Sale
Tol Cin Div 1st & ref 4s------1959 J J
308,000 100)4 Sale
Refunding 5s series D ______2000 M S
Battle Creek & Sturgis gu 3s..1989 J D
63)4 65
Beech Creek 1st gu 4e________ 1936 J J
95)4
9,000 94)4 9534
Registered_____________________ J J
99
Second guar gold 5s------------ 1936 J J
82
Beech Creek ext 1st g 344s____1951IA O
Big Sandy Ry 1st 4s--------------- 1944' J D
91)4 92
Sale
Boston & N Y Air Line 1st 4s..l955|F A
17,666 81
Brunsw & Western 1st gu a 4s . _’38 J J
5,000 i 9554 9634




13

BONDS-STOCK EXCHANGE RECORD

F A

J

J

J
J
J

RANGE SINCE JAN. 1.

PRICES I N FEBRUARY.
Feb. 1.

Feb. 28.

Highest.

Lowest.

Bid.
11034
11034
10434
9934
104)4
102)4
102)4
100)4
101
106)4
95)4
100)4
9834
98 )4
9834
10934
112)4
104
109
10234
102)4
105)4

Ask.
Sale
Sale
Sale
Sale
Sale
Sale
Sale
Sale
Sale
Sale
Sale
Sale
Sale
9834
Sale
Sale
Sale
Sale
Sale
Sale
Sale
Sale

Ask. Sale Prices.
Bid.
Sale Prices.
110)4 Feb. 3 111*4 Feb. 17
110)4 H I
110
Feb. 1 11134 Feb. 17
110)4 I l l
104)4 Sale 104 Feb. 26 105 Feb. 1
99 Feb. 25 100 Feb. 4
10234 Sal; 10254 Feb. 11 104)4 Feb. 1
10334 Sale 10234 Feb. 3 10334 Feb. 28
103)4 Sale 102)4 Feb. 2 103)4 Feb. 19
101)4 Sale 10034 Feb. 4 101)4 Feb. 25
Sale 10054 Feb. 4 102)4 Feb. 25
102
107
Sale 106)4 Feb. 1 107)4 Feb. 21
95 Vs Sale
95 Feb. 4 9534 Feb. 8
100)4 Sale 100 Feb. 11 100)4 Feb. 4
97)4 Feb. 23 9834 Feb. 2
98)4 Sale
Sale
98
9734 Feb. 23 98)4 Feb. 26
97)4 Feb. 17 9834 Feb. 1
98)4 Sale
109)4 Sale 108)4 Feb. 8 10934 Feb. 1
109)4 Sale 108)4 Feb. 14 112)4 Feb. 1
Feb. 24 104 Feb. 1
101)4 Sale 101
107 Sale 107 Feb. 21 109 Feb. 1
102)4 Sale 102)4 Feb. 21 10234 Feb. 1
102)4 102)4 10134 Feb. 9 10234 Feb. 1
10434 Sale 10434 Feb. 1 10534 Feb. 2

116)4
10534
95
9954
104)4
101 Vs
98)4
104)4
10034
96)4
92
10134
9754
102)4
97)4
9754

Sale
Sale
Sale
Sale
105
Sale
Sale
Sale
Sale
Sale
Sale
Sale
Sale
Sale
Sale
Sale

118)4
105
95)4
99)4
105 Vs
100
97)4
103)4
10034
9534
92
101
9734
101)4
95)4
95)4

Sale
Sale
Sale
Sale
Sale
Sale
Sale
Sale
100)4
Sale
Sale
Sale
Sale
102)4
Sale
Sale

34)4 Sale
32
4437 45 54 40
4434 Sale
41)4

42)4

34
34)4
31)4
3134
2634
46)4
48
10134
10754
10354
102
101 Vs
102)4
100)4
101)4
I 99
102)4
104)4
101
! 84
! 96)4
104)4
11234
10534
105
104)4
10434
10434
108
105
106
100)4
96)4
102)4
102
96)4
104)4
103)4
113)4
10354
1 7934
100)4
9"
108)4
95)4
97

Sale
3134
Sale
Sale
47)4
Sale
Sale
Sale
Sale
Sale
Sale
Sale
Sale
Sale
Sale
102)4
Sale
Sale
Sale
Sale
Sale
Sale
Sale
Sale
Sale
Sale
Sale
Sale
Sale
Sale
Sale
Sale
Sale
Sale
Sale
Sale
Sale
Sale
Sale
Sale
10034
Sale
Sale
Sale
Sale

116)4
104)4
9334
99
104)4
100
97)4
10234
100)4
94)4
91)4
10054
96)4
101)4
95)4
95)4

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

1
1
14
9
15
10
8
17
3
21
11
21
8
10
7
7

118)4
106)4
96)4
100
105)4
101)4
99
105
100)4
96)4
92)4
101)4
98
102)4
97)4
9754

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

11
15
24
1
28
2
1
1
3
1
5
9
1
1
1
1

Feb. 11 34)4 Feb. 1
3234 31
50 Feb. 15 50
Feb. 15
39)4 Feb. 11 4434 Feb. 1

24
2934 Sale
2854 28)4

27)4 Feb. 11 3434 Feb.

26)4
25)4 Sale
22)4
4254 44)4 42
4254
101
Sale
99)4
108*4 Sale 10754
103 54 Sale 10334
102)4 Sale 10134
102)4 Sale 10154
10134 Sale 101 Vs
Sale 100
100
101)4 Sale 10034
Sale
99
9834
102)4 10254 102*4
Sale 104)4
107
10034 Sale 10054
81)4
8334 Sale
Sale
98
94*4
10434 Sale 104*4
112)4 Sale 111*4
105)4 Sale 10434
105)4 Sale 10454
10454 Sale 104)4
104)4 Sale 103)4
104)4 Sale 10334
107)4 109 107)4
Sale 104)4
105
105)4 Sale 105)4
Sale
100
99)4
9454
9434 Sale
99*4
100)4 Sale
101)4 Sale 101)4
94
Sale
93)4
103)4 104 103*4
103)4 Sale 103)4
11334 Sale 113
103)4 Sale 103
7734
10134
10134 Sale 100)4
96
9654 Sale
10934 Sale 108)4
9534
9554 Sale
Sale
96
95

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

11 31)4
11 26 54
11 46)4
11
18 102
1 108)4
4 103)4
4 102)4
2 10254
15 10254
7 101
7 101)4
5 100
7 102)4
1 107
26 10134
26 84
17 98
1 105
16 113
15 10534
1 106
1 105
11 104)4
10 10434
25 10834
18 105
26 107)4
18 100)4
251 96)4
26 10254
2 10234
23 9634
9 10434
10 103)4
9 11334
14i 104
15 7934
2 10134
18 97
4 112
28 96
15 97M

103)4 103)4 10254
10254 Feb. 24 103)4
100)4 102 100)4 102 10034 Feb. 4 100)4
8734
87)4 88)4 8734 Feb. 18 87%
85'
87'
85'
84Vs Feb. 10 85
95*4 Feb. 28 95)4
9534 9534 95)4 Sale
7934 Feb. 2 80)4
7954 80*4 8034 Sale
93 34 Sale
93)4 Feb. 5 94)4
9354 Sale
93
Feb. 9 93
91
89)4
91M
85
8834 Sale
88)4 Feb. 26 90Vs
9054 Sale
Sale
85
85 Feb. 1 85
85
87
88)4 89
88)4 Feb. 4 88)4
8834
8834 89
88 Feb. 14 89
88)4 Sale
87
86)4 87 Vs 86
87)4 Feb. 4 8734
99*4 99*4 9934 Feb. 17 9954
9934
90
91
87 !4 90*4 89)4 Feb. 4 90
90)4 92)4 91 H 92*4 9134 Feb. 5 91)4
98 34
9534 98)4 9834 Feb. 11 98%
10434
10454
10434 Feb. 4 10434
98
97 Vs
104)4 Sale 104)4 Sale 104)4 Feb. 15 104)4
85)4 89 Vs
85)4 90
94)4 Sale
9334 Feb. 11 95)4
9434 Sale
Sale 10354 Sale 103)4 Feb. 17 105
105
98
97
9734 Feb. 25 9834
98)4 99
92 H Sale
92M Feb. 4 93
9254 Sale
81
8134 79*4 80)4 7954 Feb. 9 8134
Sale
75)4 75)4 74
73*4 Feb. 18 75)4
83)4 84
83*4 8334 8354 Feb. 4 8354
103 102)4
94)4 Sale
9354 Feb. 18 94)4
9334 Sale
91)4
92 F eb. 17 92
Sale
98
9734 Sale
9754 Feb. 17 99
101)4 Sale 100)4 Sale 100)4 Feb. 14 101)4
10534 Sale 105)4 Sale 105 Feb. 14 10534
1102)4 Sale 10234 Sale 10034 Feb. 19 103
,108)4 Sale 108)4 Sale 10734 Feb. 5 108)4
Sale
| 94
93*4 Sale
9234 Feb. 11 94
102)4 Sale 102)4 Sale 10134 Feb. 9 102)4
83*4 Sale
83)4 Feb. 1 8434
1 83)4 Sale
Sale 10034 Feb. 5 101)4
10134 Sale 101
64
68
65
67)4
96)4 96
96)4
94)4
94)4
95)4 Feb. 21 95)4
99
99
101)4
82
81)4
Feb. 9.5 91
84)4
91 ‘ 91)4 91
80*4 81 Vi 80)4 Feb. 9 81)4
80
81
97
97
9534
Feb. 23 9534
9554
9534

Lowest.

Highest.

Sale Prices.
10934 Jan. 4
109V Jan. 7
103 34 Jan. 3
99
Feb. 25
100)4 Jan. 4
10234 Feb. 3
102)4 Feb. 2
10034 Feb. 4
100 54 Feb. 4
106)4 Feb. 1
93 Jan. 3
100 Jan. 4
96
Jan. 5
96 Jan. 3
95)4 Jan. 3
108)4 Jan. 3
105 Jan. 3
99 Jan. 3
106)4 Jan. 5
101
Jan. 3
101)4 Jan. 21
104)4 Jan. 5

Sale Prices.
111)4 Feb. 17
11154 Feb. 17
105
Feb. 1
100)4 Jan. 7
104)4 Jan. 31
103 54 Jan. 3
103)4 Jan. 3
102 Jan. 3
102)4 Feb. 25
107)4 Jan. 5
9554 Feb. 8
102 Jan. 17
99)4 Jan. 14
9854 Jan. 20
99
Jan. 17
110 Jan. 24
112)4 Feb. 1
i 04)4 Jan. 31
109)4 Jan. 29
10354 Jan. 17
10254 Jan. 10
10554 Feb. 2

11634 Jan. 7 118)4 Feb. 11
103 54 Jan. 3 106)4 Feb. 15
93)4 Jan. 14 96*4 Feb. 24
99 Jan. 3 100)4 Jan. 10
103)4 Jan. 3 105 )4 Jan. 27
97 54 Jan. 3 101)4 Feb. 2
Feb. 1
95)4 Jan. 13 99
100)4 Jan. 7 105 Feb. 1
100 Jan. 5 10054 Jan. 6
9234 Jan. 3 97 JaD. 31
90 Jan. 3 92)4 Jan. 24
99)4 Jan. 3 101 54 Jan. 21
94 Jan. 5 98
Feb. 1
100)4 Jan. 3 102)4 Feb. 1
93)4 Jan. 3 97 Vs Jan. 31
93)4 Jan. 3 97 Vs Jan. 31
31
50
39*4
3954

Feb.
Feb.
Feb.
Jan.

11
15
11
11

Jan.
Feb.
Jan.
Jan.

31
15
21
11

Jan. 3 3354 Jan.
Jan. 8 27 54 Jan.
Jan. 5
Jan. 5 2654 Feb.
Jan. 11 46)4 Feb.
8 4ft
Feb.
Feb. 18 102 ” Jan.
Jan. 10 108)4 Feb.
Feb. 4 103)4 Jan.
Jan. 41102)4 Jan.
Jan. 6|10254 Feb.
Jan. 15 10254 Feb.
Jan. 4 101
Feb.
Feb. 15 101)4 Jan.
Jan. 8 100
Feb.
Feb. 7 102)4 Jan.
Jan. 3 107 Feb.
Jan. 7 10154 Jan.
Jan.
Jan. 3 85
Jan. 3 98
Feb.
Jan. 3 105
Jan.
Jan. 3 113
Feb.
Jan. 18 10554 Feb.
Jan. 4 106 Feb.
Jan. 3 106 Jan.
Jan. 3 10454 Jan.
Feb. 10 10454 Jan.
Jan. 18 10854 Jan.
Jan. 12 105)4 Jan.
Jan. 4 107)4 Feb.
Jan. 13 100)4 Jan.
Jan. 3 96)4 Jan.
Jan. 3 10254 Jan.
Jan. 3 10254 Feb.
Jan. 3 97
Jan.
Jan. 5 10454 Feb.
Jan. 3 104 Jan.
Feb. 9 113)4 Jan.
Jan. 5 104 Jan.
Jan. 3 79 V Jan.
Jan. 15 10154 Feb.
Jan. 4 97
Jan.
Jan. 29 112 Feb.
Jan. 4 96)4 Jan.
Jan. 3 97)4 Jan.

31
8
31

35)4
50
50
40)4

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Fen.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

1 2434
27)4
1 26li
3 23)4
1 42
3
4 99)4
9 107)4
5 103 34
2 101)4
25 101*4
2 101)4
2 9834
1 10054
3 97
2 102)4
25 103)4
7 10034
1 76*4
28 93*4
4 103)4
1 Ill
19 104
18 10334
4 102)4
1 102)4
1 10354
7 107*4
1 1104)4
9 1105
1 9834
1 9334
1 9754
11 97)4
1 91 )4
16 10354
1 10254
24 113
2, 10254
1' 7554
211 99)4
1 94
11 10854
14 95
1 93)4

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

2 10254 Feb. 24 1 08 Vg Feb. 2
5 10034 Feb. 4 100)4 Feb. 5
18 87% Jan. 17
‘>7
3 84)4 Feb. 10 85' Feb. 3
28 95)4 Jan. 5 96 Jan. 6
18 79*4 Jan. 5 81
Jan. 13
24 9234 Jan. 6 9454 Jan. 19
9
9
26 Q3 Feb
2 87)4 Jan. 15 91)4 Feb. 2

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

1
1
17
1
4
9
18
25
‘>1
4

Feb.
Feb.
Feb.

Feb.

1

3
8
7
9
3
6
25
2
2
5
3
5
25
14
13
28
14
1
19
18
22
29
7
25
3
9
31
24
31
11
27
16
27
11
21
31
21
15
11
13
31

Jan. 3 91
Jan. 21
Feb. 1 85 Feb. 1
Jan. 15 87)4 Feb. 17
Jan. 5 89
Jan. X
Jan. 19 87 Vs Jan. 19
Jan. 7 9954 Jan. 13
Jan. 6 90 Jan. 14
Jan. 7 91)4 Feb. 25
Jan 26
Feb. 11
Feb. 4 104% Feb. 4
5
31
i 104)4 Feb. 15 105 Jan. 18
8754
85
88)4
8734
86
99)4
89)4
90)4
9834
10434

Feb. 15 9334 Feb. 11 96 Jan. 15
Feb. 1 103)4 Feb. 17 105)4 Jan. 7
Feb. 5 9734 Jan. 7 9854 Feb. 5
Feb. 3 91 *4 Jan. 4 93
Feb. 3
Feb. 2 7954 Feb. 9 81)4 Jan. 26
Feb. 4 73)4 Jan. 4 7554 Jan. 17
Feb. 4 82)4 Jan. 8 84 Jan. 18
(j
6
Feb. 2 9354 Feb. 18 95)4 Jan. n
Feb. 17 92
Feb. 17 02 Feb. 17
F eb. 7 97
Jan. 3 99
Feb. 7
Feb. 1 10034 Jan. 3 102)4 Jan. 20
Feb. 1 10434 Jan. 3 106)4 Jan. 13
Feb. 1 10034 Feb. 19 103
Feb. 1
Feb. 4 107 54 Jan. 3 10854 Jan. 18
Feb. 1 9254 Jan. 3 95)4 Jan. 18
Feb. 1 10134 Jan. 3 10254 Jan. 14
Feb. 25 82 Jan. 3 8454 Feb. 25
Feb. 1 10034 Jan. 3 10254 Jan. 18
12
17
95)4 Jan. 3 95)4 Jan. 3
Feb. 21 95)4 Feb. 21 9.5 Jan. 1ft
22 99 Jan. 22
Feb.
Feb. 23
Feb. 23

Feb. Q6
91
Feb. 26 91
7854 Jan. 12 81)4 Feb. 23
9534 Feb. 23 9554 Feb. 23

14

[V ol. 12 L

BONDS-STOCK EXCHANGE RECORD
Sales in
February.
Par Value.

BONDS
S . Y. STO C K EXCH AN O S.

Price
Jan. 3
1927.

s
3id.
6,000, 102H
175,000 94%
88
5,666 100%
19.0001 105
78,0001 94 %
35,0001 99
104,000 115
57,000, 117%
35,000i 97 %
122,000 85
134,000,

Ask.
-- Sale
...
- _____
95%
99 H
Sale
Sale
Sale
Sale

PRICES I N FEBRUARY.
Feb. 1.
Bid.
102%
96%
88
101
106
96%
99%
115%
118%
98%
84%
96%
95%
78 V*
103
108%
90%
84%
104%
104
100 %
102%
104%
89%
100
101%
80%
98%
100
113%
112%
92%
90%
97%
89%
102%
118
100%
103%

Feb. 28.

Ask. Bid.
Ask.
Sale 102 %
Sale
94% Sale
88
. .
101
106% 105% Sale
Sale
96% Sale
Sale
99% 99%
.15% 115% Sale
Sale 1118% Sale
98% 98% Sale
Sale
83% Sale
Sale
96% Sale
95% 95%
86 U 86%
103% 102% 103%
.08% 108% 109
90%
86
82% 86
.05 104% 105
05 103% Sale
02
100% 102
Sale 102% 102%
Sale 105 105%
90% 88% 89
100
104 101% 103
Sale
82% Sale
99% 9 8 % ------.01
100
100%
Sale 113% 116
.16 112% 116
Sale
91% Sale
90% 92
97% - 90% 89% Sale
Sale 101% Sale
118
_ .
101% 100% Sale
Sale 1 0 4 % ------102 % Sale
97% Sale
97% 98
99% Sale
99% Sale
101 M m n u
101
87
88% 84% 88
87% 90
87% 88
85% 86% 85% 87%
100
100%
72% 72% 72'
72%
71%
71%
63
63% 67% Sale
62%
65% Sale
87% Sale
87% 88
85
85
94% Sale
94% 95
99% 100
99% Sale
99
99
_ ___
Sale
94
93% Sale
91%
91%
106% Sale 105% 106
106
107% 106
107%
Sale
82 Sale
83
107%
105% 106
71% Sale
70% Sale
113% 115 1 1 3 % ------103% 104% 103% 105
9 0 % _____
90%
99% Sale
100% Sale
107% 107%
106% 107
93% 93% 93
93%
97% 99
96% 97%
Sale
59
59% Sale
60
Sale
86% Sale
85% 86
83%
83% . . .
76 V,
75
97% Sale
95% 96%

RANGE SINCE JA N . 1.
Highest.

Lowest.

Highest.

Sale Prices . I Sale Prices
Sale Prices.
Sale Prices.
102% Feb. 16 103 Feb. 25 102% Feb. 16 10 % Jan. 13
94% Feb. 18| 96% Feb. 2 94% Jan. 4 96% Feb. 2

Buff Roch & Pitts gen 5s______ 1937 M S
Oonsol 4 % s-------------------------1957 M N
Registered___________________ M N
97
27
Burl Ced Rap & Nor 1st 5s____1934 A O
101 Feb. 9 101
Feb. 9
Canada Sou con gu 5s________ 1962 A O
105 Feb. 14 105% Feb. 9 105 Feb. 14 106 Jan. 2 0
Canadian Nat 4 % s__ Sept. 15 1954 M S
95% Feb. 9 96% Feb. 16 95 Jan. b 97 Jan. 18
6-year gold 4 % b____Feb. 15 1930 F A
99% Feb. 1 100 Feb. 8 99% Jan. 4 100 Feb. 8
Canadian No deb s f 7s-----------1940 J D
115% Feb. 15 115% Feb. 19 114% Jan. 5 115% Feb. 19
25-year deb s f 6% s g --------- 1946 J J
118% Feb. 15 118% Feb. 9 117% Jan. 3 118% Feb. 9
10-year gold 4 % s__ Feb. 15 1935 F A
98 Feb. 18 98% Feb. 5 97 % Jan.
98% Jan. 26
J T
Canadian Par 4% deb stock__
83% Feb. 10 84% Feb. 4 83% Feb. 10 85i4 Jan. 8
95% Feb. 11 96% Feb. 18 95% Feb. 11 96% Feb. 18
Collateral trust gold 4% s------ 1946 M S
3
Garb & Snaw 1st g 4s-------------- 1932 M 8
8
5,0001 85% 83% Feb. 19 86 Feb. 26 88% Feb. 19
Caro Cent 1st cons g 4s_______ 1949 J J
29
14,000! 102% Sale
102% Feb. 18 103 Feb. 3 102% Feb. 18 191% .Tan. 12
Caro Clinch & Ohio 1st 5s_____ 1938
60,000 108% 108 H
1st & con g 6s series A ______1952
108% Feb. 18 109 Feb. 14 108 Jan. 10 109 Feb. 14
90
... Cart St, Ad 1st gu g 4s------------ 1981
10,000 84
85 H
85 Feb. 7i 85% Feb. 2 84% Jan. 29 85% Feb. 2
Gent Br Un Pac 1st g 4s---------1948
5,666 104 H 104%
104% Feb. 15 105% Feb. 7 104 % .Tan. 10 105% Feb. 7
Cent o f Ga Ry 1st g 5s____N ov 1945
1 0 ,0 0 0 : 103% 104
103% Feb. 25 104% Feb. 16 103% Feb. 25 104% Feb. 16
Oonsol gold 5s______________ 1945 M N
100
102
Registered $1,000&$5,000-1945 M N
4 9 ,0 0 0 ! 102
Sale
102% Feb. 4 102% Feb. 25 102 Jan. 3 102% Feb. 25
10-yr 6% secured bonds------ 1929 J D
15,000; 104H Sale
Rer & gen 5 Hs series B ------- 1959 A O
104% Feb. 23 106% Feb. 11 104% Jan. 3 106% Feb. 11
1,000 87% 88H
89% Feb. 14i 89% Feb. 14 89 Jan. 21 89% Feb. 14
Chat Div pur money g 4s— 1951 J D
J 100
. .
Mac St Nor Div 1st g 5s------1946 J J
1,000 101 % _____
102% Feb. 21102% Feb. 21 102 Jan. 19 102% Feb. 21
Mobile Div 5s______________ 1946 J J
60X00 78 H Sale
Feb. 4 78% Jan.
80% Feb. 11 83
Cent N E 1st guar 4s_________ 1961 J J
83
Feb. 4
3,000l 98 % _____
99% Feb. 3- 99% Feb. 3 99% Feb. 3 99% Feb. 3
O O Reorg 1st con g 4% 8------- 1930 M S
4,000i 100H 101%
100 Feb. 5 100% Feb. 7 100
Feb. 5 100% Feb. 7
Gen RR & Bkg o f Ga col g 5 s ..1937 M N
21,000; 112% Sale
Feb. 26 Il2
113% Feb. 1114
Jan. 5 114% Jan. 15
Central o f N J gen g 5s-----------1987 J J
4,0001 110% 115
112% Feb. 15 113 Feb. 24 112% Jan. 19 113
Registered______________________ O J
Feb. 24
112,000 91 % Sale
A
91% Feb. 26 92% Feb. 2 91% Feb. 26 92% Jan. 14
Gent Pac 1st ref gu g 4s----------- 1949
6,000 89%
21 90^8 Feb. 10 qn% Fab. 91
90% Feb. 10
Registered___________________ F A
4,000 97% . . . .
97% Feb. 23 97% Feb. 17;
17 9 7 Feb. 17
M tg gu g 3 % s-------------- Aug 1929 J D
11,000 90
Sale
89% Feb. 14! 91% Feb. 8 89% Feb. 14 92% Jan. 20
Through St L 1st gu g 4s----- 1954 J J
201,000 101% Sale
101% Feb. 7; L02% Feb. 1 101% Feb. 7 103 Jan. 14
Guar 5 a ___________________ 1960 F A
____ 118 ____
__
diaries St Sav 1st g 7s------------ 1936 A O
6,0001 100% 101
100% Feb. 11 100% Feb. 28 100% Jan. 4 101 % .Tan. 25
Oi6s & O gen fnd & imp 5s___ 1929 J J
26,000 103% Sale
103% Feb. 1 104 Feb. IS 103% Jan. 3 104
Feb. 18
1st cons gold 5s___________ 1939 M N
102 % Feb. 98 109U Feb 98 102 % Jan 19
Registered______________ 1939 M N
94,0001 97% Sale
97% Feb. 7 98 ~ Feb. 2 9714 .Tan.
08% .Tan. 21
General gold 4 % s--------------- 1992 M S
254,000; 99% Sale
99% Feb. 21 99% Feb. 28 99% Feb. 21 99% Feb. 28
Convertible 4 % s___________ 1930 F A
21,000, 100%
Feb. 7 100% Feb. 16 101
100% Feb. 10 101
Craig Valley 1st g 5s---------- 1940 J J
Feb. 7
__
84
88%
Potts Creek Br 1st 4s_______1946 J J
3,000 87% 88%
87% Feb. 7 88 Feb. 23 87% Jan. 7 88
Jan. 18
R & A Div 1st con g 4s_____ 1989 J J
2,0001 85% 86%
85% Feb. 24 85% Feb. 24 85% Jan. 6 86 .Tan. 27
R & A Div 2d con gold 4s----- 1989 J J
5 ,6 0 0
99% . _ _
100% Feb. 4 100 Vo Feb. 4
27 lOOVg Feb. A
Warm Spring Val 1st g 5s— 1941 M S
35,000 71
71%
Jan. 4 73 Jan. 12
72 Feb. 19 72% Feb. 5 71
Calc St Alt RR ref g 3s________1949 A O
71
Sale
29
24
Oertif deposit stpd Apr 1926 lnt-_
322,666! 61% Sale
63% Feb. 7 68 Feb. 17 61% Jan. 14 68
Feb. 17
Ohlc & Alt Ry 1st lien g 3 % s— 1950 J
u 67
8,000'
65% Feb. 28 67 Feb. 18
Feb. 18
Ctfs dep coup Jan 1923 on ______
41,C00j 86% 87%
87 Feb.
87% Feb. 1 86% Jan. 5 88% Jan. 20
Chic Burl& Q HI Div 3 Ha.........1949
Registered___________________
- 5|
8,000 94% Sale
94% Feb. 7 95% Feb. 25 94% Feb. 7 95% Jan. 20
n in ois Division 4s_________ 1949
4,000 99% Sale
99% Feb. 8 99% Feb. 8 99% Jan. 3 100% Jan. 4
Nebraska Extension 4s______ 1927 M N
98% . .
registered----------------------------- M N
126,000 94
Sale
93% Feb. 9 94% Feb. 28 93% Feb. 9 94% Jan. 14
General 4s_________________ 1958 M S
90% _ . .
Registered___________________ M S
42,666 106% Sale
105% Feb. 21 106% Feb. 1 105% Feb. 21 106% Jan. 20
1st St ref 5s Ser A ___________ 1971 F A
1,000 106
107%
106 Feb. 25 106 Feb. 25 106 Jan. 27 106 Jan. 27
Ohio St E 111 1 st cons g 6s______ 1934 A O
506,000 80% Sale
81% Feb. 26 83% Feb. 3 80% .Tan. V 83% Jan. 18
Chic St E 111 (new co) gen 5s___1951 M N
11,000 106% Sale
105 Feb. 16 107% Feb. 2 105 Feb. 16 107 M .Tan. 7
Chic St Erie 1st gold 5s............... 1982 M N
7,083,000
69%
Sale
70% Feb. 1 72% Feb. 9 69% Jan. 3 72% Feb. 9
Chic Gt West 1st 50-yr 4s_____1959 M S
5,000 113% 115
113% Feb. 11 113% Feb. 1 1 113% Jan. 31 113% Jan. 31
Chic Ind & Lou ref g 6s-----------1947|J J
1,000 103% 103%
103% Feb. 10 103% Feb. 10 103% Jan. 6 103% Feb. 10
Refunding gold 5s----------------19471J J
9 0 % ____
Refunding 4s Series O______ 1947 J J
28,000 9 9 % _____
99% Feb. 14 100% Feb. 1 99% Feb. 14 101% Jan. 21
1st & general 5s Ser A _______ 1966 M N
20,000 106% 107
106% Feb. 8 107% Feb. 17 106% Jan. 7 107 Tan. 6
1st & gen 6s Ser B _____May 1966 J J
*j 93% Feb. 24
9,000 92% Sale
93 Feb. 7 93% Feb. 24 92 >4 .Tan
Ohlc Ind & Sou 50-yr 4s...........19561J J
1,000 96% 100%
96% Feb. 25 96% Feb. 25 96% Feb. 25 96% Feb. 15
Ohlc L S & East 1st 4 H s -.........1969 J D
8
35,000
55
60
Feb.
59
Feb.
55%
Jan.
4
1
60
Feb. 8
O M St Puget Sd 1st gen 4s------1949 J J
31,000 55
55%
59 Feb. 1 60% Feb. 17 55% Jan. 7 60% Feb. 17
Certificates o f deposit__________
11,000 85% 86
85% Feb. 26 86% Feb. 1 85% Feb. 26 88 Jan. 17
Ohlc Mil & St P gen g 4s.M ay 1989 J J
83
84%
Registered____________________
75% 76
10 76% Jan. 21
Gen g 3% s Ser B ______ M ay 1989 J J
47,000 96
96%
95% Feb 25 97% Feb. 1 95% Feb. 25 98 " Jan. 18
Gen 4% s Ser O _______ M ay 1989
Registered----------------------------242,666 57% Sale
61
Sale
60% Sale
60% Feb. 10 62 Feb. 9 57 Jan. 6 62
Feb. 9
Gen St ref Ser A 4H s__ Jan 2014
528,000 57 % Sale
61
Sale
60% Sale
60% Feb. 1 61% Feb. 9 56% Jan. 3 61% Feb. 9
Certificates o f deposit________
219,000! 56% Sale
59
59 Feb. 4 60% Feb. 9 55% Jan. 4 60% Feb. 9
59% 60 Sale
Gen ref conv Ser B 5s. _Jan 2014 F
258,000 56
Sale
60 Sale
Sale
59
59 Feb. 1 60% Feb. 9 55% Jan. 7 60% Feb. 9
Certificates o f deposit_______ !F A
38,060 104 104% 103% Sale 103% 104 103% Feb. 1 104 Feb. 1 103% Jan. 29 106% Jan. 17
1st sec gold 6 s_____________ 1934 J J
199,000 56% Sale
59% Sale
60% Sale
59% Feb. 1 61% Feb. 8 56% Jan. 3 61% Feb. 8
Convertible 4H s________ ___ 1932(J D
577,000 56% Sale
59% Sale
60% Sale
59% Feb. 1 61% Feb. 8 56 Jan. 4 61% Feb. 8
Certificates of deposit________ J D
446,000 56 % _____ 59% Sale
60% Sale
59% Feb. 1 60% Feb. 16 56% Jan. 4 60% Feb. 16
4 s ............... ......................... 1925 J D
255,000 5 6 % ------60% Sale
59% Sale
59% Feb. 1 60% Feb. 8 56% Jan. 5 60% Feb. 8
Certificates of deposit_______ !------95,000 56% 56% 59% 59% 60
60% 60 Feb. 7 60% Feb. 9 56% Jan. 4 60% Feb. 9
4s...............................................1934 J J
400,000 56% 56% 59% Sale
60
60% 59% Feb. 1 60% Feb. 9 56% Jan. 4 60% Feb. 9
Certificates of deposit_______ !J J
Oh & Mo Riv Div 5s________ 1926 J 3
C h i N W extens 4s_____1886-1926 F A
Registered_________ 1886-1926 F A
79% 81
79
80
79 Feb. 17 80 Feb. 25 78% Jan. 8 80 Jan. 20
65,000 77% 79
General gold 3H s___________1987 M N
74% Jan. 31
74%
3
78%
76% Sale
Registered____________________ M N
91% Sale
91
Feb. 24 91% Feb. 4 90% Jan. 7 91% Feb. 4
41,000 9 0 ' 91
91% 92
General 4s_________________1987 M N
89
89
Registered____________________Q F
91
1] 91% Feb. 24
91% . . . . 91% Feb. 24 91% Feb. 24
1,000 89% 91
Stamped mn-payt Inc tax. 1987 M N
28,000 105 Sale 105% Sale 1 0 7 % ------- 105% Feb. 16 106% Feb. 11 105 Jan. 3 107' Jan. 17
Stamped general 4 % s_______1987 M N
109% Sale 109 Feb. 9 109% Feb. 7 108% Jan. 3 110 Jan. 19
17,000 108% Sale 109% 110
General 5~ stamped________1987;MN
102^4 10314 103% 103%
5
102% 103
17
Sinking fund 6s_______ 1879-1929 A O
1 '
102 %
11
101
Jan. 11
102%
102%
Registered_________ 1879-1929 A O
6,000 101% 101% 101%
101% 101% 101% Feb. 16 101% Feb. 3 101% Feb. 16 101% Feb. 3
Sinking fund 5s_______ 1879-1929 A O
101% 102% Feb. 24 102% Feb. 24 102% Feb. 24 102% Feb. 24
2,000 101
101%
R egistered_________ 1879-1929 A O
Jan. 3 102 Jan. 12
2,000 101
Sale" 101% 103
101% 101% 101% Feb. 18 101% Feb. 23 101
Sinking fund deb 5s________ 1933 M N
101 % Jan. 7
7
101 % 102% 101% .
101 %
Registered___________________ M N
38,000 106% Sale 106% Sale 106% Sale 106% Feb. 7 106% Feb. 1 106 Jan. 19 106% Jan. 10
10-year secured 7s___________1930 J
112
112% 111% Feb. 3 112 Feb. 26 111% Jan. 2/ 112 Jan. 6
15,000 111% 112% 111% 112
15-year seemed 6 H s________ 1936 M
17,000 103% Sale 106% Sale 103% 104% 102% Feb. 8 106% Feb. 1 103% Jan. 4 106% Feb. 1
1st & ref g 5s_________ M ay 2037 J
88% Feb. 28 90% Feb. 17 87% Jan. 6 90% Feb. 17
89% Sale
88% Sale
40,000 87% 88
Ohlc R I & Pacific gen g 4s____1988 J
5,000 86% 87% 86% 87% 8 7 % ------- 87% Feb. 7 87% Feb. 7 86% Jan. IS 87% Feb. 7
Registered_______________ 1988 J
93% Sale
92% Feb. 5 93% Feb. 2 92% Jan. 3 93% Jan. 19
464,000 92% Sale
92% Sale
Refunding gold 4s__________ 1934 A
24
24
Registered___________________ A
4
4
89%
89% 90
90
Chic 8 L & N O Mem Div 48— 1951 T
102% . .
101 % Jan. 10 102% Jan. 24
101 % 102% 102 % 103
Ch 8t L & P cons g 5s.................1932 A
101
100
101
Registered---------------------------------A
1 0 3 % ___ 1034% Feb. 21 103% Feb. 17 163% Feb. 21 104 Jan. 22
14,666 103% Sale 103% 104
Ohlc St P M St Om cons 6s____1930 J
94 % 95 % 94% 95% 94% 95%
Cons 6s reduced to 3 H s_____1930 J
31,666 99% 100% 99% 99% 99% 99% 99% Feb. 10 99% Feb. 16 99% Jan. 11 100 Jan. 4
Debenture 5s_______________ 1930 M 8
99% Feb. 28 99% Feb. 7 99% Feb. 28 99% Jan. 26
7,000 99% 100% 99% 99% 99% Sale
Stamped-------------------------------95% Sale
95% Feb. 19 97 Feb. 2 93% Jan. 3 97 Jan. 22
353,000 93% Sale
96% Sale
Ohlc T H & S’east 1st 5s______ 1960 J D
91% Sale
92% Sale
91% Feb. 1 92% Feb. 3 87% Jan. 3 92% Feb. 6
43,000 87% Sale
Income guar 5s______ Dec 1 1960 M S
97% Sale
97% Feb. 28 98% Feb. 1 97% Jan. 6 98% Jan. 25
43,000 97
97% 97% Sale
Chic Un Sta 1st gu 4H s A ____1963 J J
39,000 104% 105% 104% Sale 104% Sale 104% Feb. 28 105% Feb. 16 104% Feb. 28 105% Jan. 13
1st 5s Series B ______________ 1963 J 3
13,000 101 % Sale 103% Sale 102% 103% 102% Feb. 14 103% Feb. 4 101 % Jan. 3 105% Jan. 26
Guaranteed gold 5s---------------1944 J D
117% Sale 117% Feb. 19 118 Feb. 6 117% Jan. 31 118% Jan. 6
27,000 118% Sale 117% 118
1st 6% s Series O ____________1963 J J
Feb. 18
105% 106
1 0 5 % _____ 105% Feb. 15 106 Feb. 18 105% Jan. 13 106
7.000II105H 106
Chic & W I gen g 6s______ Dec 1932
87% Sale
87 Feb. 5 87% Feb. 11 86% Jan. 3 88% Jan. 7
113,000 86% Sale
87% Sale
Consol 50-year 4s___________1952 H
109,000 104% Sale 104% Sale 104% Sale 103% Feb. 9 104% Feb. 26 103% Feb. 1 104% Jan. 3
1st & ref 5% s series A ______1962 M S
_____ 104% Feb. 7 104% Feb. 7 104% Jan. 1 104% Feb. 7
16,000 104% 105% 104% 105% 103
Choc Okl St G consol 5s______ 1952 M N
10
97% ___ 97% Feb. 18 97% Feb. 18 97% Feb. 18
5,000 97% .
Oln Ham St Day 2d g 4H s_____1937 J J
95% 95%
25 95% Jan. 28
95%
95
OIn I St L St O 1st 4s.........Aug 1936 Q F
95% Jan. 28
95% 96
28
94%
Registered ___________ Aug 1936 Q F
91% Feb. 10 92% Feb. 24
19 92% Feb. 24
91%
92% . . .
6,000 90% Sale
OIn L St N 1st con gu g 4s_____1942 M N
ion
Sale 100%
100 Feb. 1 100% Feb. 15 100 Feb. 1 100% Feb. 15
3,000 100
Oin S St Cl cons 1st g 5s.............1928 J J
89% Feb. 11 90% Feb. 1 89 Jan. 3 90% Feb. 1
Sale
90% Sale
90 ' 91
77,000 89
O O O St St L gen g 4s............... 1993 J D
99% 98% Feb. 9 99% Feb. 3 98% Jan. 1( 99% Jan. 17
28,000 99% 99% 98% 99% 99
20-year debenture 4H s_____1931
J
107% Feb. 26 107% Feb. 26 107% Feb. 26 107% Feb. 26
______ 106% 113
107% 111
107% 111
Gen 5s Series B _____________1993 J D
102%
Sale
102%
Sale
102%
Sale
102% Feb. 1 102% Feb. 25 102% Jan. 15 102% Jan. 3
106,000
R ef St imp 6s Series A ______ 1929|J
102% 107% 107% Feb. 24 107% Feb. 7 107% Feb. 24 107% Feb. 7
5,000 107
107% 107%
Ref Sc Imp 6s Series O_____ 1941; J
Feb. 2 103% Feb. 7 105
Jan. 21
60,000 103% Sale .103% 104% 103% 103% 103% Feb. 7,104
R ef St imp 5s Ser D ............... 1963 J
94% Sale 1 93% 94% 93% Feb. 26 94% Feb. 1 I 93% Feb. 261 94% Feb. 1
12,000
Cairo Div 1st gold 4s............. 1939 J J
Feb. 4 1 87% Jan. 25
88% ! 8 5 % ------- 1 86 Feb. 4 86 Feb. 4 1 86
2,000 86% Sale 1 88
Oin W & M Div 1st g 4s____19911J J




J

QJ

|J

J

1927.]

BONDS
N. Y . STOCK EXCHANGE.
O O O & St L— (Concluded)
Registered_________
p & Ool Div 1st g 4 s ..
</ W Val Div 1st g 4s.

BONDS—STOCK EXCHANGE RECORD
Interest
Period

Mar.,

Sales in
February.
Par Value.
S

MN
MN
1M £
1.1 J
J .1
A C
J J
MN
A C
J J

1 2 ,0 0 0

2 ,0 0 0

Price
Jan. 3
1927.
Bid.
87%
85
91 %

15

PRICES I N FEBRUARY.
Feb. 1.

Feb. 28.

Ask. Bid.
Ask Bid.
Ask.
I 88
8 8 % 8 8 35
90
! 85
8415
: 92%
92:!5
90%
1 91%
9115
107 K Sale 107% 108
Sale
108
102% Sale 101%
101 %
99 %
100
100 %
98% 99
i 98% ~99% 98% 9915
99%
10015
100 Vs
99%
87%
100 35
1001-5
86 %
8715
84%
87%
8535
101 *5
1 0 1 % 102
101J5 10115
108% 108% 109% Sale 10915 Sale
104 Sale 104% Sale 103 35 10455
88 %
8835
8855
99% Sale
99
Sale
9935 9935
96% 96 % 9715 Sale
Sale
97
91% 92
92
9235
9115 92
90%
90%
9015 92

Lowest.

| RANGE SINCE JAN. 1.
Highest,

Sale Prices.
Sale Prices
88
Feb. 14 8815 Feb.
107% Feb.

5 108

Lowest.

Highest.

Sale Prices.
Sale Prices.
87% Jan. 18 90 Jan. 25

91 35
91
Feb. 28 10735
102%

Jan. 11 9135 Jan. 11
Jan. 11 9335 Jan. 18
Jan. 3 108 Feb. 28
Jan. 3 10215 Jan. 3

9815 Jan.
100

Jan.

8

9815 Jan.

5 100

Jan.

8

5

F A
5,000
A O
10115 Feb. 26 10155 Feb. 9 0135 Jan.
101% Feb. 9
9,000
A O
10955 Feb. 1 11035 Feb. 26 10815 Jan.
11035 Feb. 26
67,000
A O
105 Jan. 10
10315 Feb. 10 10415 Feb. 3 10335 Feb,
J E
88% Jan.
8815 Jan. 8
30.000
F A
99
Feb. 1 9915 Feb. 23 9815 Jan.
9935 Jan. 3
54,000
MN
9635 Feb. 15! 9715 Feb. 4 9635 Feb. 15 99 Jan. 21
5,000
A O
91% Feb. 25 92 Feb. 25 9135 Feb. 25 92
Feb. 25
F A
86
86
;A C
86
92%
F A
9315
93 35
15,000 69
iJ T
Non-conv debenture 4 s..
71
7615 Sale
7615 7835 7635 Feb. 1 7815 Feb. 4 7035 Jan. 7 7835 Feb. 4
J D
Registered____________
6 ,0 0 0
69
J J
73
Fee. 4
77
77
Feb.
6935 Jan.
7515 7615 7615 7735 75 Feb.
A O
7635 Feb.
7635 Feb.
7735 Feb.
7735 Feb. 26
1 2 ,0 0 0
69
J J
74
77
Feb. 26
77 Feb.
75 Feb.
6935 Jan.
7615
i 7455 77
44,000 95
Sale
95M Sale
94 % Feo.
J J
96 Jan. 26
9415 95
9535 Feb.
9455 Feb.
7,000 107
J D
108% 108 Sale 10755 Sale 10755 Feb. 18 108 Feb.
107 Jan.
108% Jan. 5
6 ,0 0 0
99% 99% 1 0 0 % Sale
9915 100
Jan. 29
9935 Jan.
101
10035 Feb. 1 10035 Feb.
J D
76,000 100
Sale 10215 Sale 102 35 Sale 102 Feb. 19 103 Feb.
T J
103 Jan. 28
9915 Jan.
3,000 98% 98% i 9815 Sale
J .1
9815 Jan.
9815 9955 9815 Feb. 1 9815 Feb.
9815 Feb. J
98,000 98% Sale i 9315 Sale
MN
9315 Feb. 26 1 94 Feb.
9335 Feb.
9335 Sale
9435 Jan. 7
A O 1,190,000 116% Sale 115 Sale 121
Sale 11635 Feb. 5 122% Feb.
11435 Jan.
12215 Feb. 18
48,000 10335 Sale 10415 Sale 10435 105 10415 Feb. 2 105 Feb.
MN
103 Jan.
105 Jan. 25
2 1 ,0 0 0 1065-g 106% 10815 Sale 10635 Sale 10635 Feb.
J D
1 10735 Feb.
10615 Jan.
10735 Feb. 26
9415
F A
9435
9515
364,000 91 % Sale
J J
Den & R G 1st cons g 4s.
9115 Feb.
9135 Jan.
9235 Jan. 19
9115 Feb.
9115 Sale
9135 Sale
14,000 94% 94% 95
J J
9435 Feb.
9515 Jan. 19
9515 Feb.
9515 94
9555 9415 Feb.
40,000 99% 99% 9915 Sale
J D
100 Jan. 8
Improvement gold 589935 Jan.
100 Feb.
9915 Feb.
9955 Sale
79
F A 1,829,000 73% Sale
Sale
78
Feb.
7315 Jan.
8135 Feb. 18
8115 Feb.
8015 Sale
4.000 34
32
41
34
Feb.
J J
34 Feb.
36
Feb.
38
36
Feb. 19
3555 36
2 .0 0 0
34
Temporary ctfs o f deposit.
37% 3315 34
34
35 Feb.
35
Feb. 21
3315 Feb.
3335
Jan.
3535
Dl'noo 1 1at
A\Zcx
93%
94
M S
9435
4,000 70% 73% 7215 Sale
J D
7.335 Sale
7015 Feb. 21 7315 Feb.
7035 Jan.
7335 Feb. 26
2 ,0 0 0
65
J D
6 6 % 65
65
Feb.
65
Feb. 5
6635 65 Feb. 5 65 Feb.
6635 65
1 1 ,0 0 0
96% 97% 9715 98
MN
97
98
98
Feb. 4
9735 Jan.
9715 Feb. 11 98 Feb.
1 ,0 0 0 103%
J J
103 %
103% Feb.
10315
103% Feb. 4 103% Feb.
10315 Feb. 4
5,000 103 Sale 10115
A O
103 Jan. 3
10115 Feb.
10235 Sale 101% Feb. 11 10235 Feb.
14,000 75
J J
79% 77
82
Sale
78 Feb. 2 82 Feb.
79
82
Feb. 18
7535 Jan.
95%
A O
9315
9335 94
6 ,0 0 0 100 % 101
100%
J J
100% Jan.
102 Jan. 19
101
10015 Feb. 2 101 Feb.
7,000 106
MN
106 Jan.
106% 106
10615 106
10635 106 Feb. 2 10635 Feb.
10635 Jan. 15
3,000 102% Sale 10315 10335 102 35 10415 10335 Feb. 2 10335 Feb.
MN
102 Jan.
10355 Jan. 22
104%
A O
10415 Jan.
10515
10415 10535
10535 Jan. 28
58,000
106% 107% 10615 10715 10635 Sale 10635 Feb. 28 10735 Feb.
M S
106 35 Feb.
10735 Jan. 19
37,000 81% Sale
J J
8135 Jan.
8315 Sale
84 Jan. 25
8135 Feb. 28, 8335 Feb.
8135 Sale
J T
77% 80 J-3
79 Jan.
79 Jan. 19
Registered.
417,000 73% Sale
J J
7615 Sale
7335 Jan.
7635 Sale
7635 Feb. 23 77% Feb.
7715 Feb. 3
3,000
J J
73 Jan.
Feb. 2
75 Feb. 2' 75
Registered.
Feb.
75
1 2 ,0 0 0
F A
98 % 101
100
9835 Jan.
102 9835 99 9835 Feb. 9 10035 Feb.
10035 Feb. 2
449,000 79% Sale
A O
Feb. 4
81
Feb. 7 1 83
Feb.
50 yr conv g 4s Ser A .
83
7835 Jan.
8115 Sale
8135 Sale
225,000 79
Sale
A O
79 Jan.
Do
do
Ser B .
8035 Feb. l l ! 82 35 Feb.
8135 Sale
8115 Sale
8235 Feb. 2
A O 13,859,000 84% Sale
Sale
88
87 Feb. 15 9435 Feb.
8435 Jan.
9435 Feb. 24
9335 Sale
6 ,0 0 0 1 1 1 % Sale
113 Sale 11215 Sale 11215 Feb. 8 11315 Feb.
J J
111 35 Jan.
11355 FeD . 24
24,000 1 1 1 % 112
J 3
11115 Jan.
11115 Feb. 25 11215 Feb.
11215 Sale 111 % 112
11335 Jan. 15
88%
J J
8815
8815
8 8 % _____ 89
J J
89
536,000 95% Sale 101
MN
Sale
9815 Feb. 19 101
Feb. 1 9535 Jan.
101 35 Jan. 29
9935 Sale
1 0 0 % 1 0 0 % 10015 10015 10015
iJ J
1 ,0 0 0
J J
10115 Jan.
01 % ___ 101-15 10315 10155
10115 Feb. 11 10155 Feb.
101 35 Jan. 26
5,000
98% Sale
J D
9715 Feb.
97-15 9855 9715 Feb. 26: 9835 Feb.
9915
9835 Jan. 11
241,000 99% Sale 100 Sale
M S
9835 Feb.
9835 Feb. 8 100 Feb.
10135 Jan. 22
9935 Sale
139,000 63
Sale
Sale
63
MN
63
6135 Jan.
65 Feb. 17
6435 63 Feb. li 65 Feb.
3,000 94
_____ 9415
94 Feb.
94 Feb. .5 94 Feb.
J J
9415
9435 Jan. l9
2 ,0 0 0 10635_____ 106% Sale
106% Feb. 1 10655 Feb.
Ft Worth & Denver City 5358.1961 J D
106%
10615 Jan.
106-15 Jan. 6
1 0 ,0 0 0
97'% 98 % 98
J J
9735 Jan.
9815 97 35 9835 97 35 Feb. 25' 9835 Feb.
9835 Jan. 26
8 ,0 0 0
07% 109
A O
Frem Elk & M o V
108 Jan. 21
107 35 Jan.
10715 109
10715 Sale 10735 Feb. 9 10735 Feb.
1 0 0 % __ 10035 10115 10035 10135 10035 Feb. 26 10035 Feb.
Jan. 7
MN
101
10035 Feb.
4,000 100% 100% 10015 10035 10035 100 35 10035 Feb. 7,10035 Feb.
J J
10035 Jan.
10035 Feb. 8
28,000 96% 96% 9715 Sale
A O
98
9635 Jan.
9835 Jan. 19
9815 9715 Feb. 5 9835 Feb.
13,000 99% 98% 9915 Sale
J J
9835 Jan.
9835 9915 9955 Feb. 25 9915 Feb.
9915 Feb. 1
40,000: 99% 100
99 Jan.
J 3
100
10035 Feb. 25 10035 Feb.
10015 10035
10035 Jan. 15
3,0001 72
73% 7235 7315 7235 “7315 7235 Feb. 8 , 7215 Feb.
A O
7235 Jan.
7255 Feb. 8
6,0001 9 6 % ____
Gr R & I ex 1st gu g 435s------- 1941 J J
9735 Feb.
9735 Feb. 141 9735 Feb.
10015
9735
97 35 Feb. 23
79,0001 115% Sale 11515 Sale 115% Safe" 11535 Feb. 9116
A O
Feb.
Feb. 18
116
11535 Jan.
77,000 06 % Sale 10715 Sale 108 Sale 10715 Feb. 7:10835 Feb.
M 8
15-yr deb g s f 6s guar------10635 Jan.
10835 Feb. 25
--------- 1 9 4 % -----1 D
Grays Point Term 1st gu g 5s.
90
9635
259,000^ 14 Sale 113% Sale 114
J J
Sale 11335 Feb. 3,11435 Feb. 23 11335 Jan. 19 11435 Jan. 8
Registered-------------------J J
92,665: 9715 Sale
1st & refund 43is Ser A ------1961 J J
9735 Feb. Ill 9835 Feb.
9735 Jan.
9815 Sale
9835 Jan. 14
9715
151,000
Sale 10935 Sale 10915 Sale 10815 Feb. 14-10915 Feb.
J J
108 Jan.
10915 Feb. 10
79,000
Sale 103
Sale 103 35 103% 102% Feb. 7:10315 Feb.
J J
10315 Jan. 7
10215 Jan.
1 2 2 ,0 0 0
9415 Sale
J J
9415 Feb. 18 9535 Feb.
94 35 Jan.
9515 Jan. l9
9535 Sale
9415 Sale
14,000 83
GreeD Bay & West deb ctfs A .
Feb
83
Feb.
85 Feb. 21
83
83 35 Feb. 9, 85
8335 Feb.
209,000 2235 2215 21
Debenture ctfs B --------------21
Feb.
Feb. 1 2535 Feb.
Feb
Sale
25
2235 Jan. 8
"2535 21
92
MN
9215
9215
6 ,0 0 0
0415
A O
105% Feb. 17|105!5 Feb.
106 Jan. 12
105 % 107
10555 Jan.
10515
.1 .1
107 Jan.
10615
107 Jan. 4
106%
10615 109
42,000 98
Sale
J J
98
98% 98
9715 Feb.
9835 Jan. 19
9835 ’ 9715'Feb'. 18, ~9835"Feb~
J 3
9515 98
98
9515
3 ,6 0 6
MN
9615 9915 9835 9935
9935 Jan. 17
9835 FeD.
9935 9835 Feb. 4 9835 Feb.
3,000
Houst & Tex C 1st g 5s int gu_1937 J J
101% Feb. 25 10115 Feb.
100% Jan.
10115
10135 Feb. 25
10155
M N
102
101 %
6 ,0 0 0
J J
9915
100
Jan.
5
99 35 Jan .
9935 Feb.
9935 Feb.
9915 9915 9915 100
2 ,0 0 0
Houst E & W Tex 1st 5s--------- 1933 M N
100J5
10115 Feb.
10115 Feb.
10155 Feb.
10135 Feb. 16
10035
1st gu g 5s redeem-------------- 1933 M N
10055 Ja n .
10015 100 %
10035 Jan. 24
10015
272,000 9815 Sale
Hudson & Manhat ser A 5s------1957 F A
98 Feb.
98 Feb. 8 9935 Feb.
9935 Jan. 19
9815 Sale'
9815 Sale
F A
Registered______________
Sale
Adjust income 5 s --------- Feb 1957 A O 1,255,000 84
Jan.
8835 Feb.
8635 Feb.
8635 Sale
8835 Sale
8835 Feb. 18
94
Illinois Central 1st g 4s----------- 1951 J J
95
Jan.
____
95
95
Jan. 5
9435 ____
91
J .1
Registered______________
1st gold 3 35s..........
-1951 J J
Feb. 26 7415 Jan. 5 87
87 Feb. 26 87
8715
Feb. 26
87
Extended 1st g 335s------------- 1951 A O
87 Jan. 7 8735 Jan. 7
84
Registered___________________ A O
7415 7815 73
1st gold 3s sterling---------------1951 M S
...
75
_____
73
Jan.
7435 Jan. 10
17,000 9015 9015 9 1 35 93 35 9115 9235 9135 Feb.
Collateral trust gold 4s_____ 1952 A O
92 Feb. 25 9035 Jan.
92
Feb. 25
51,000 94
Sale
1st refunding 4s____________1955 M N
94 35 F eb. 1 93 35 Feb.
9315 Sale
95
Jan. 20
9335 9435 9335 Feb.
1 ,0 0 0
85
89
Purchased lines 3 35s----------- 1952 T J
85
Feb. 25 85
85 Feb.
Feb.
85
Feb. 25
8535 8615 8535 89
33,000 8815 Sale
Coll tr g 4s L N O & T ...........1953 M N
8815 Feb. 2 8 8
Jan.
8835 Jan. 13
8835 8815 8835 8815 8835 Feb.
Registered___________________ M N
8515
8 ,0 0 0
Sale 10835 Sale 10715 108% 10735 Feb.
Refunding 5s_______________ 1955 M N
10835 Feb.
10835 Jan.
10735 Feb.
1 1 2 ,0 0 0
Sale 10235 Sale 103 Sale 10135 Feb.
15-year secured 535s----------- 1934 J J
103 Feb.
10135 Feb.
103*5 Jan.
8 ,0 0 0
Sale 11215 11235 11235 Sale 11235 Feb.
15-year secured 635s----------- 1936 J J
112% Feb.
11235 Feb.
11335 Jan.
439,000
Sale
40-year 4 % s________________ 1966 F A
97 Sale
9735 Sale
9735 Feb.
9615 Jan.
9615 Feb.
9735 Jan.
Cairo Bridge gold 4s----------- 1950 .1 P
9215
9235 Jan.
9235 Jan.
9235 ------- 9235 _____
Litchfield Div 1st g 3s_____ 1951 J J
7615 Sale
76 35 Jan.
6 35 Jan.
7635 ------- 7635 ------8 ,6 6 6
Louisv Div & Ter g 335s------ 1953 J J
_____ 8335 8315 8335 Feb. 18 8435 Feb. 14 8335 Feb.
8215 8315 83
8435 Feb. 14
Registered___________________
8115
8 ,0 0 0
Omaha Div 1st g 3s________ 1951 F A
7515 7615 7735 -----7735 Feb. 26 77 Jan. 4 7735 Feb. 26
75% 7735 7735 Feb.
2 ,0 0 0
St. Lou Div & Term g 3s— 1951 J J
7515
7615
7 6 15------- 7655 Feb.
7615 Feb. 14 7635 Jan. 7 7635 Feb. 14
3,000
Gold 3 35s........
1951 J J
87
86
87
86
Feb. 2 8 6
86
Feb.
Jan. 19 8 6
'86'“ 8 6
Jan. 19
Springf Div 1st g 3 35s----------1951 J .1
87
_____
Western Lines 1st g 4s----------1951 F A
9015
9035 Jan. 19 9035 Jan. 26
9 0 1 5 _____
69,000
Oh St L & N O Jt 5s A ............1963 J D
10315 103% Sale 10315 Sale 10335 Feb. 9 104 Feb. 3 103 35 Feb. 9 104 Jan. 5
____
Chic St L & N O gold 5s..........1951 J D
10535 10735 10435 10735
10535 Jan. 25 10535 Jan. 25
______:
Registered_____________ 1951 J D
10335 _____ 10335 _____
Gold 3 35s__________
.1951 J D
7955
7 9 1 5 _____ 7955 ____ 1—
Ind Bloomington & W 1st 4 s .-1940 A O
9235
9235 ------- 9235 ____ ! —
Ind 111 & la 1st gold 4s_______ 1950 J 3
Sale
94
9315
Feb. 28 94 Feb. 28 9315 Jan. 7 94
Feb. 28
9355 9435 94




16

BONDS-STOCK EXCHANGE RECORD
Price
Jan. 3
1927.

BONDS
N. Y . STOCK EXCHANGE.

Bid.
86
3,000 102*4

Lehigh & N Y 1st gu g 4s__ 1945
Lex & East 1st gu 5s________ 1965
Little Miami gen 4s ser A ____1962
Long Dock cons gold 6s_____1935
Long Isl 1st cons g 5s____July 1931
1st cons gold 4s______July 1931
Gen gold 4s________________ 1938
Gold 4s_______
1932
Unified gold 4s_____________ 1949
Deb gold 5 s_...........................1934
20-year deb 5s______________ 1937
Guar ref gold 4s____________1949
N Sh Bch 1st cons gu 5s__ Oct '32
Louisiana & Ark 1st 5s_______ 1927
Lou & Jeff Bridge gu g 4s_____1945
Louisv & Nashv gold 5s______ 1937
Unified gold 4s_____________ 1940
Registered_______________ 1940
Coll trust gold 5s___________1931
10-year secured 7s___________1930
1st & ref 5 *4s series A ______ 2003
1st & ref 5s series B ________ 2003
1st & ref 4 *4s series O ______ 2003
N O & Mobile 1st g 6s__ ___ 1930
2d gold 6s______ __________ 1930
Paducah & Mem DIv 4s____1946
St Louis Div 2d gold 3s_____ 1980
M ob & M ontg 1st g 4*4s__ 1945
South R y joint Monon 4 s ..1952
Registered__________ July 1952
*tl Knox & Cln div g 4s____1955
Louis Cin & Lex div 6 4*4s-_1931

M S
A O
M N
A O
Q J
Q 3
J D
j 1)
M S
J D
MN
fit S
Q J
M 8
M s
MN
J J
J J
M N
MN
A 0
A 0
A 0
J J
.1 J
F A
fit S
M S
J .T
Q .7
MN
M N

Mahon Coal R R 1st 5s_______ 1934 J J
Manila R R South lines 4s____1939 M N
1st 4s.......................................1959 M N
Manito S W Coloniz g 5s_____ 1934 J D
Man G B ■& N W 1st gu 3*4s__1941 ,T J
M ich Cent Det & Bay City 5s. 1931 M 8
Registered________________1931 Q u
Mich Air Line 4s___________1940 J J
Registered___________________ J J
Jack L & S gold 3*4s_______ 1951 M S
1st gold 3*4s_______________ 1952 M N
20-year debenture 4s_______ 1929 A 0
Midland o f N J 1st ext 5s_____ 1940 A 0
M L S & West ext s f 5s______ 1929 F A
MU & Nor 1st ext 4*4s (blue). 1934 .1 1)
Oons ext 4*4s (brown)______ 1934 J D
M il Spar & N W 1st gu 4s____1947 M S
Milw & S L 1st gu 3*4s_______ 1941 J J
Minn & St L 1st gold 7s______ 1927 J !>
1st guar g 7s----------------------- 1927 J D
1st cons gold 5s_____________ 1934 iM N
Temp ctfs of deposit_____
1st & refund gold 4s________ 1949 fit s
Ref & ext 5s series A _______ 1962 Q F
M St P & S S M 4s stpd______ 1938 .1 J
1st cons 5s______ - _________ 1938 J J
1st cons 5s gtd______________ 1938 J J
10-yr coll tr g 6*4s_________ 1931 M S
1st & ref 6s series A ________ 1946 J J
25-year g 5*4s--------------------- 1949 M S
M St P & 8 S M & Cent Term
1st Chic Term s f 4s______ 1941 M N
Mississippi Cent 1st 5s_______ 1949 ,1 •T
Mo Kan & Tex 1st g 4s______
J D
Missouri-Kansas-Texas RR—
Prior lien 5s series A ________ 1962 J J
40-year 4s series B ___________1962 J J
10-year 6s series C ___________1932 J ,T
Cum adjust 5s series A __ Janl967 A O
Missouri Pacific R R Co—
F A
Y A
MN
fit S
M N
J ,T
Small
J J
J J
J 3
J D
Q J
;M S
F A
,T D
Mohawk & Mai 1st gu g 4s__ 1991 M 8
Mont Cent 1st gu g 6s_______ 1937 J J
Registered______________
.1 J
J J
J D
A O
F A
National Ry of Mexico—
Prior lien 50-year s f 4*4s__ 195‘
July 1914 coupon on ________ jj- j
Assent cash warr rects No 3 on




3,000: 8934 90
19,000! 10934 Sale
8634
109
~3’ 666
10,000 10034
3.000 95*4
6.000 93
94 54
21,000 8834 89*4
38,000; 99*4
53.000 98 34
33.000 80*4 90
2,000i 100 100 34
16.0001 10034 101*4
8,000 89*4 90
1,000 103
35,000 95*4 9634
2,000 101

PRICES I N FEBRUARY.
Feb. 28.

Ask. Bid.
87
86 H
103*4 102H
103*4 10234
10634 107
Sale
90*4
Sale
85
Sale
77*4
Sale
95
Sale
51
54
5134
17*4 17 H
92
9234
105*4 102*4
87
8534
100 34
10154 10134
9234 9254
9934 100
S a le
7434
Sale
110
Sale
88*4
89
88
88
8534

Indianapolis & Louisv 1st gu 4s 1956 J J
Ind Union gen & ref 5s A _____1965 J J
Gen & ref g 5s Ser B _______ 1965 J J
102
Internal & Gt Nor 1st 6s_____1952 J J
58.000 10634
Adj in 6s Ser A _____________ 1952 Ap 1 1,437,000 84 34
Stamped________________
289.000 8134
Int Rys of Cent Amer 1st 5s_1972 M N
100.000 76*4
1st col trust 6s______________ 1941 M N
127,000 95
30.000 53*4
Iowa Cent 1st gold 5s________ 1938 J D
Certificates o f deposit________
19.000 5334
1,000 17
let & ref 4 s ________________ 1951 M 8
fames P & Clear 1st 4s_______ 1959 3 1)
2,000 9134
Kal A & G R 1st gu g 5s______ 1938 J 3
10234
Ran & M 1st gu g 4s_________ 1990 A O
1,000 8534
8econd 20-year 5s___________1927 J J
5.000 10034
C Ft S & M con g 6s_______ 1928 M N
19.000 10134
'< O Ft S & M Ry ref g 4s____ 1936 A O
49.000 92*4
3.000 99*4
1 C & M R & B 1st gu g 5s___ 1929 A O
56.000 73*4
Kan City South 1st g 3s______ 1950 A O
115,000 9934
R ef & Imp 5s________ April 1950 ,T ,T
58.000 88*4
Kan City Term 1st 4j _______ 1960 J 1
Kentucky Centra! g 4s_______ 1987 J J
24,000, 87 34
Kentucky & Ind Term 4*4*___ 1961 J J
85 34
4*$s £100 pcs___________________ J J
Stamped________________________ J .1
89
21,000 87
Keok & Des M 1st 5s ctfs dep.,1923 A O
8534
Otfs dep stpd as to int__________
Lake E & W 1st gold 5s______ 1937 3 J
32.000 102*4
10.000 100*4
2d gold 5s_________
-..1941 ,T J
39.000 81*4
Lake Sh & M 9 g 3*48............... 1997 J D
17.000
Registered__________________ 1997 J D
Sale
139,000 99
Debenture gold 4s_________ 1928 M 8
25-year gold 4s_____________ 1931 M N
56.000 9734 9734
Registered____________________ M N
Leh Vail Harbor Term 1st 5S..1954 F A
13.000 104*4 Sale
Leh V (N Y) 1st gu g 4*4s___ 1940 J J
7.000 98*4 9934
17,000j 86*4 Sale
Leh Val (Pa) gen eon g 4s___ 2003 M N
1.000
Registered______________________ M N
Gen cons 4*4®______________ 2003 N M
37,000! 97
Sale
Leh Vail R R gen 5s series_____ 2003 IVS N
30.000 10534 _____
Leh V Ter Ry 1st gu g 5s_____ 1941 A O
102*4 10334
Registered_____________________ A O

6,000j

Ask. Bid.
87
86 H
102*4
10334 102*4
Sale 106
Sale
94 *4
87*4 87
Sale
76*4
Sale
95
52*4 54
54*4 51*4
17*4 1754
93*4 9234
105*4 102*4
87
86*4
100
101*i 10134
Sale
92*4
Sale 10134
Sale
73*4
Sale
9934
Sale
89*4
90
88 H
88
9234

8834 ------85*4 -------

8934 8934
85*4 -------

105 Sale 104*4____
99*4 ------- 9834 Sale
88
8834; 87
88
97*4 Sale | 99
Sale
10554 Sale jl05J4 Sale
102*4------- '10254 103*4
9034
10934
87
10834
10034
96
93
94 34
8934

92
110
90

9054
,110*4
87
10834
10034
98
96
92*4
94 H
'8934! 89 H
100
Sale | 9834
8934 90 ! 89
100
100*4 100
Sale 100*4
100
8954 9034! 8954
105
105*4
9634 Sale
9634

10134
Sale
108
10634
Sale
107
Sale
94*4

101*4 101
Sale U04 34
108*4 108
106*4 106
10054 101
107
100H
Sale 103*4
10334
67*4 67
102
100*4
88

103
____
67
67*4 68
74*4 7634
100 100*4 100 ___
85
87
85 H
101*4 10134 10154___
9534

83 34
8534
98*4
9434
10054
95*4
2,000 95*4
3,000 92*4
83
l 99*4
” 3~o5o 9S*4
12,000 53
16,000;
28,000! 1734
1,000| 13
169,000, 88*4
66 , 000 ! 9734
56.000, OSH
83,000; 10154
47.000, 100*4
17,000 89
64.000
25.000

83*4
86 H
99*4
96
101
96*4 95*4
95*4
9134
83
102
9834
100
100*4
54
54
52
54
18*4 19
Sale
13*4
Sale
88 H
9834 9754
Sale
97*4
Sale 100*4
Sale 101H
90
87*4

8634
Sale
9534

142.000
76,000j
88,000
,345,000;

101H Sale
86
Sale
102*4 Sale
96*4 Sale

335,000!
405,000:
303.000
699.000

9934
106*4
10634
76*4
93
100*4
9434
86*4

Sale
Sale
Sale
Sale

87*4
85*4
15,000 10034 101*4
100*4 10034
14,000 92*4 95*4
3.000 100*4 101
2.000 99*4 100
3,000 90*4 92
1,000, 11054 113*4

88

87

102
86*4
10234
98*4

2

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

1
17
17
2
24
18
18
3
3

8554
100
10134
92
100
73H
9934
8834
88

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

28 8554
7 100
4 10134
1 92
25 99*4
1 73*4
25 99*4
4 88
14 88

89

104*4
98*4
87
84
9734
105H

Sale

86*4
10034
101*4
9234
10034
7434
100*4
89*4
88*4

Feb. 16 90*4 Feb. 18

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

102*4
100*4
80*4
80*4
98*4
9734

Jan.
Feb.
Feb.
Feb.
Jan.
Jan.

102H
100*4
8134
80*4
99*4
98*4

Jan.
Jan.
Feb.
Jan.
Jan.
Jan.

105
98*4
88*4
84
99H
10554

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

104*4
98*4
86H
84
97
105*4
102*4

Jan.
Jan.
Jan.
Feb.
Jan.
Jan.
Jan.

105H
98*4
88*4
84
99*4
10534
102*4

Jan.
Jan.
Jan.
Feb.
Feb.
Jan.
Jan.

11
21
20
11
7
18
7

9054 Feb.
110*4 Feb.

Jan.
Jan.
Jan.
Jan.
Jan.
Feb.
Feb.

9054
110*4
90
109
10034
98
9434

Feb.
Feb.
Jan.
Jan.
Jan.
Feb.
Feb.

23
17
14
19
27
5
5

109
10034
98
9434

Feb.
Feb.
Feb.
Feb.

89*4
9934
98 34
89
100
100
8954
106*4
96*4

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

89*4
100H
99
8954
100
100*4
90*4
106*4
9634

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

89*4
99
98*4
89
100
100
8954
106*4
95*4

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Feb.
Feb.
Jan.

90
10034
99
89*4
10034
10034
90*4
106*4
97

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Feb.
Jan.

31
11
14
28
18
7
17
17
28

101*4 101*4
103*4
108*4 108
10634 106*4
Sale
100
101
105 10334
104*4 94 H
67*4
102
10034
Sale
87*4

Feb.
Feb.
Feb.
Feb.
Feb.

101*4
10534
108*4
10634
101

Feb.
Feb.
Feb.
Feb.
Feb.

10334
9434
67*4
100*4
8834

Feb.
Feb.
Feb.
Feb.
Feb.

Feb.
Feb.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Feb.
Feb.
Jan.

101*4
106
108*4
10634

Feb.
Feb.
Feb.
Feb.
Feb.

101*4
103*4
107 *2
10534
9934
103 34
103 54
93*4
67*4
10034
87 *4

Feb.
Jan.
Jan.
Jan.
Jan.
Jan.
Feb.
Feb.
Feb.
Jan.
Feb.

4
15
6
4
12
3
1
26
7
6
17

93
89*4
Sale
Sale
8954
10034
100*4
90
Sale
Sale

93*4 Feb.
100 Feb.

101

103 34
10334
9434
67*4
100*4

93*4 Feb. 26 95*4 Feb. 9
95H Feb.
100*4 Feb, 28 100 Jan. 19 100*4 Jan. 19
66 Jan.
73*4 Jan.

6834 Feb.
77*4 Feb.

10154 Jan.

95*4 Feb. 16 95*4 Feb. 16
Feb.
Feb.
Feb.

99*4 Feb.
98
Feb.
101
Feb.

Feb.
Feb.

96*4 Feb.
9234 Feb.

Feb. 18 57
55
Feb.
23
Feb.
Feb.
15*4
Feb.
8834
98*4
Feb.
98*4
Feb.
102
Feb.
102
Feb.
Feb.
88*4

6834 Feb. 14
77*4 Feb. 17
10134 Jan.

6

95*4 Feb. 16 95*4 Feb. 16
8534
9834
95
10054

Jan. 17 8634 Jan. 4
Jan. 3 99*4 Feb. 14
Jan. 7 98 Feb. 23
Feb. 28
Jan. 11 101

95*4 Jan. 29 96*4 Feb. 3
92*4 Jan. 3 9234 Feb. 14
100

F e b . 14 10034 Feb.

9654 ------96*4 Feb.
96 H Sale
87*4 8734 87 Feb.

17

88*4 Jan. 17 90*4 Feb. 18

Feb.
Feb.
Feb.
Feb.

9054 Feb.
10934 Feb.

86

10154
8554
103*4
100*4

Feb. 14 87 Jan. 26
Jan. 18 10034 Jan. 14
Feb. 4
Jan.
101*4
QQ Jan. 10
Feb.
Jan.
10034 Feb. 25
Jan.
74*2 Jan. 31
Jan.
100*4 Jail. 25
Jan.
89*4 Jan. 18
Jan.
88*4 Jan. 6

102H
10034
8134
80*4
9954
98*4

83*4

100
Sale 100
107*4 Sale 10754
10734 Sale 10754
77
77*4 Sale
9 2 * 4 ......... 92*4
100*4_____ 100*4
9 8 * 4 ------- 98*4
87
8634
82
85*4 82 *4
100*4 101*4 101
10034 100*4 I100M
93*4
93*4 94
10034 10234 10054
100
99*4
' 9 2 " I 90H
91
111*4 112*4 111154

17

Sale Prices.
86*4 Jan. 20
103*4 Jan. 25
IO2 34 Jan. 25
10734 Jan. 7
96*4 Feb. 17
88H Jan. 20
77 *4 Jan. 31
95H Jan. 5
58*4 Feb. 18
55
Feb. 18
21*4 Feb. 3
92*4 Feb. 3

2 102H Feb.

98*4 99*4 9854
96*4 97*4 96
Sale 101
101
95*4 97*4
95*4
95*4 97
92*4
9134 94
83
99
9934
101
100
10034 101
54
55
58
55
53
52*4 54*4 53
S a l e ! 19
2034 19
14
15
1454 |14
Sale
87*4
88 *4 Sale
Sale
97 34 98 H 97H
Sale
97 H 9734 97*4
Sale 10154 Sale 10034
10134 100
101*4 101*4
Sale
86
87

Sale
Sale
103*4
Sale

Highest.

Sale Prices.
86 Jan. 4
102M Feb. 2
102 34 Jan. 25
10534 Feb. 25
83 54 Jan. 4
81*4 Jan.
75*4 Jan.
95 Jan.
51*4 Feb.
51*4 Feb. 15
17*4 Jan. 11
9134 Jan. 2

Feb.
107
Feb.
96 *4
Feb.
8754
Feb.
77*4
Feb.
95*4
Feb.
58*4
Feb. 15 55
Feb. 2 213
Feb. 15 92*4

Sale
101*4
95*4
96
94

96*4 Sale
8734 Sale

Lowest.

Sale Prices.

10534
90*4
87
76*4
95
51*4
51*4
17*4
92*4

6734 Feb.
6834 69
Feb.
7 6 * 4 ------- 76
100
100*4
8 5 * 4 _____
101*4_____

3,000! 10234 105
10334 104J4!103*4
2 , 000 ! 80 81H 8054 81 | 80*4
28,000; 100*4 10034 10034 101*4 100*4
102*4 103*4,103
3,000; 102
103
53,000 ’ 14 *4 15*4

102*4 Feb.

RANGE SINCE JAN . 1.
Highest.

10834
10034
98
| 9254

Sale

9 5 * 4 _____

95*4

9634 98*4
8,000! 9534 96*4
39,000! 8654 Sale

Sale Prices.

124.

90
10934
8654
10834
10034
98
9254

112

93*4
94
Sale
94 *4 G5
94*4 95
100
100*4 100
100*4 100*4 SU e

103
61,000 66
21 ,000 , 7354

6,000

Ask.
87
10234
103*4
Sale
Sale
Sale
Sale
Sale
57
59
19*4
9234
105*4
86*4
Sale
10154
92*4
10154
Sale
Sale
Sale
8834

102 H _____102*4______ 102H Feb.
10034 104 H 100*4 104*4 100*4 Feb.
81*4 81*4 81*4 Sale
80*4 Feb.
79*4 8034 80*4 Feb.
99*4 Feb.
99 H Sale
9934 Sale
97*4 Sale
97% Feb.
98*4 Sale

101*4
96.000 105*4
104*4
22.000 10734
108 H
31,000; 10634
106*4
20 , 000 , 100
100*4
104
103*4
~2'oo6 103 34
10334
94
93*4
15,000 67*4
67 *4
9 ,0 0 0 ; 10034 101*4 100*4
32,000! 87*4 8734 87*4
24,000

[ V ol.

55
51 *4
17*4
13
87
97*4
97*4
10034
100*4

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

Feb. 14 10034
Feb. 18 57
55
Jan.
23
Jan.
Jan.
15*4
Jan.f
8834
Feb.
Jan.
102
Jan.
102
Jan.
89
Feb.

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Jan.
Jan.
Feb.
Feb.
Jan.

24
8
18
3
2
18
6
31
11
11
4

9734 Jan. 4 9734 Jan. 4
95*4 Jan. 7 97 Feb. 7
8634 Jan. 22 8734 Feb. 1

97 Feb.
8734 Feb.

Sale
Sale
Sale
Sale

10134
85*4
10234
98*4

Feb.
Feb.
Feb.
Feb.

102*4
86*4
103*4
10034

Feb.
Feb.
Feb.
Feb.

101
85*4
10254
96

Jan. 3 102*4 Feb. 1
Feb. 14 87 Jan. 5
Jan. 3 103*4 Jan. 11
Jan. 4 10034 Feb. 28

Sale
Sale
Sale
Sale

100
107
10754
76*4

Feb.
Feb.
Feb.
Feb.

100*4
108*4
108
7734

Feb.
Feb.
Feb.
Feb.

9934
106*4
106*4
76
93

Jan. 3
Jan. 3
Jan. 4
Jan. 3
Jan. 11

101
108*4
108
79*4
93

Jan.
Feb.
Feb.
Jan.
Jan.

19
1
24
19
11

100H
100M
93*4
10034
99*4
91*4
112*4 111*4

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

101
100*4
94
101*4
99*4
91*4
111*4

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

86*4
82
100*4
9934
93
10034
99*4
91*4
111*4

Jan.
Jan.
Feb.
Jan.
Jan.
Feb.
Feb.
Feb.
Feb.

86*4
82
10134
100*4
94
101*4
100*4
91*4
112

Jan.
Jan.
Jan.
Jan.
Feb.
Feb.
Jan.
Feb.
Jan.

4
4
18
10
8
15
28
17
14

Feb.
Feb.
Feb.
Feb.

103*4
8054
10034
10254

Jan.
Jan.
Feb.
Jan.

104
81
101*4
103*4

Feb. 16
Jan. 11
Feb. 7
Feb. 4

Feb.

Sale
10034
95*4
101*4

...
81
100*4
103*4

103*4
81
100*4
103

Feb.
Feb.
Feb.
Feb.

19 104
3 81
141101*4
41103*4

17*4

17

Feb,

ll 20

4

14

Jan. 11 20

Feb.

4

Mar., 1927.]

Sales in
February.
Par Value.

BONDS
N. Y . S TO C iS E X C H A N G E .

National Ry o f Mexico (Concluded)
Guar 70-year s f 4s_________ 1977
April 1914 coupon o ff______
Assent warr receipt N o 3 on
Nat RR Mex prior lien g 434S..1926
July 1914 coupon on_______
July 1914 coupon off______ .
Assent cash warr rect N ov 3 on
First cons gold 4s___________1951
April 1914 coupon on ______
April 1914 coupon off_________
Assenting cash warr rect No 3 on
Naugatuck RR 4s_____________ 1954
New England RR cons 5s_____ 1945
Cons 4s__ ________
1945
N J June R gu 1st 4s............... .1986
N O & N East ref 434s A _____1952
New Orleans Term 1st 4s_____ 1953
N O Tex & Mex non cum inc 5s A '35
First 5s series B ____________1954
First 534s series A __________1954
Npt & Oin B gen gu g 434s____1945
N Y & Bklyn & M B cons g 5s. 1935

A O
J

J

J
J

A O
A O

MN
J

J

PRICES IN FEBRUARY.
Feb. 1.

Ask

15

16 H

is’ ooo '21

24M

23

13 X

15

34,000

39,000

1134

1,000

98
87
85
96 34
87 Vs
99%
100 Vs
104 %
96
100%

5,000:

u

Price
Jan. 3
1927.
Bid.

3,000
16,000
17.000
67.000
129,000

N Y Cent RR conv deb6 s___ 1935 M N
Registered_________________ IS
N
Oonsol 4s series A __________ 1998 F A
Ref & impt 4H s series A ____2013 A O
Ref & impt 5s series O______ 2013 A O
Registered__________________A
O
N Y O & H R g mtge 334s____1997 J J
Registered_______________1997 J J
Debenture gold 4s_________ 1934 M N
Registered________________ M N
30-year deb 4s o f 1912-____ 1942 J J
Registered_________ _________ J
J|
Lake Shore coll g 334 s______ 1998 F A
Registered ---------------1998 F A
Mich Cent co llg 834s______ 1998 F A
Registered
------------------- 1998 F A
WY Chic & St Louis 1st g 4s__ 1937 A O
Registered__________________ A
O
25-year debenture 4s_„_____1931 M N
2d & impt 6 s A B & O .......... 1931 M N
Refunding 534s Series A ____1974 A O
Refunding 534 s Series B ____1975
N Y Connecting 1st gu 434s A . 1953 F A
1st gtd 5s ser B temp_______ 1953 F A
N Y & Erie 1st ext g 4s_______ 1947 M N
3d ext gold 434s_____
1923 M S
4th ext gold 5 s ._____
1930 A O
5th ext gold 4s______________ 1928 J D
N Y & Greenw L guar g 5s____1947 M N
N Y & Harlem g 334s_________ 2000 M N
Registered-------------------------- 2000 M N
N Y Lack & West 1st 5s A ___ 1973 M N
1st & ref guar 434s Ser B ___ 1973 M N
N Y Lake Erie & West ext 7 s ..1930 M S
N Y & Jersey 1st 5s___________1932 F A
N Y & Long Branch gen 4s__ 1941 M S
N Y & N E Boston Ter 1st 4 s .-1939 A O
N Y New Haven & Hartford—
Non-conv debenture 4s_____ 1947 M S
Registered___________________ M S
Non-conv debenture 334 s___1947 A O
Non-conv deben 334s_______ 1954 A O
Non-conv debenture 4 s ____ 1955 J J
Non-conv debenture 4s_____ 1956 M N
Convertible debenture 334S..1956 J J
Convertible debenture 6 s____ 1948 J J
Registered___________________ J J
Collateral trust 6 s___________1940 A O
Debenture 4s_______________ 19 5 7 M N
Harlem R & Pt Ches 1st 4s. 1954 M N
N Y & Northern 1st g 5s_____1927 A O
N Y Ont & West 1st g 4s. June 1992 M S
Reg $5,000 only______ June 1992 M S
General 4s. ...............
1955 J D
N Y Prov & Boston gen 4s____1942 A O
N Y & Putnam 1st con gu g 4s. 1998 A O
N Y & Rockaway Bch 1st g 5s. 1927 M S
N Y Susq & West 1st ref g 5S..1937 J J
Second gold 434s____________1937 F A
General gold 5s_____________ 1940 F A
Terminal 1st gold 5s________ 1943 M N
N Y Westches & Bos 1st 434s__1946 J J
Nord Rys extl s f 634s________ 1950 A O
Norfolk South 1st & ref 5s A . .1961 F A
Norfolk & South 1st g 5s______ 1941 M N
Norfolk & Western gen g 6 s__ 1931 M N
Improvement & ext g 6 s____1934 F A
New River 1st gold 6 s______ 1932 A O
Norf & West Ry 1st con g 43.1996 A O
Registered--------------1996 A O
Div 1st & gen g 4s------------ 1944 J J
10-year convertible 6 s____ 1929 M S
Pocahontas C & O joint 4 s .1941 J D
North Cent gen & ref 5s A ____ 1974 M S
Northern Ohio 1st gu g 5s_____ 1945 A O
Northern Pacific prior lien 4 s ..1997 Q J
Registered________________ .1997 Q F
Gen lien ry & Id gt 3s..Jan 2047 Q F
Registered___________Jan 2047 .T J
Ref & impt 434 s Series A __ 2047
J
Registered___________________
J
Ref & impt 6 s Series B ._I_l2047
J
Registered___________________
J
Ref & impt 5s Series C _ . 1112047
J
Ref & impt 5s Series D _____ 2047
J
North Pac Terminal 1st 6 s___ 1933
J
Northern Ry of Calif gu 5s____ 1938
O
North Wisconsin 1st 6 s_______ 1930
J
Ogden & Lake Ch 1st gu g 4 s ..1948
J
Ohio Connecting Ry 1st 4s____ 1943 M S
Ohio Ind & W 1st pref 5s..A p r 1938
Ohio River R R 1st g 5s_______ 1936
General gold 5s_____________ 1937 A O
Oregon & Calif 1st gu g 5s_____1927
J
Oregon RR & Nav con g 4s____1946
D
Oregon Short Line 1st con g 5s. 1946
J
Guaranteed con 5s_________ 1946
J
Guar refunding gold 4s_____ 1929
D
Oregon-Wash 1st & ref 4s_____ 1961
J

Bid.

32,000! 10734 Sale
64,000: 9034 Sale
120,000! 97% Sale
307,000, 105 H Sale

| Feb. 28.

Ask. Bid.

Ask.
2334 22

1434 1434 1234 Feb. 14 1634 Feb.
____
79
10034 Feb.
9934 ------ 10034 Feb.
8834 Feb.
8834 Sale
8834 Feb.

4

9734
8734
10034
10034
10534
97
10034

Sale

S8

101

Sale
Sale
98
102

Feb.

8 10034 Jan.

8 101

Jan. 25

Feb. 16 10634 Feb.

1 108

Jan.

9034 Sale
9134 92
9934 9934 9934 Sale
10734 Sale 10634 Sale

9034 Feb.
9834 Feb.
10534 Feb.

8034 Sale

8034 Sale

9634

9634 Sale

7934
7834
8034
7834
9534
9634
10234
106
10534
9734
10334
91
9834
10034
9834
9934
8134

7834
---Sale
78
Sale
Sale
106

77,000 103 34
113,000 69 34
8834
4,000 9934
42,000 77

Sale 10434
Sale
7334
8934 8834
------- 9934
Sale
7834

106,000

Sale

2,000

211,000
476,000
69.000
12.000
2,000
68,000

Sale
Sale
Sale
10034
106
110
Sale

Feb.
Feb.
Feb.
Feb.
Feb.

4
19
28
13
26
31
31
11
18

1 108

23.000 7234
32.000 70
17.000 77
59.000 77 34
114.000 70
137.000 10534

45.000

101

9734
8734
100H
10134
10534

Feb.
Feb.
Jan.
Feb.
88
Jan.
100 % •Tan.
10134 Feb.
10534 Feb.
10034
8834
8534
9734

8 101

97

7234
7134
7934
7934
70%
10834

9634
10234
105
10534
9634
104
91
9834
10034
9834
9934
8234 8134

81

10234
10234
10534
10034
9034
90
80

97
Sale
Sale
10534
9634
105

7534
7234
80
8034
7234
10834

9234
10534
9634
9134
9034
67
6334
97
9234
11334
11134
10434
10434
10934
10434
10234
8334
9234
92 34

Feb.
Feb.
Feb.
Feb.
Feb.

8234
-----___
___
Sale
92
------

97
103
106
106
9734
10434

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

Feb.
Jan.
Feb.
Feb.
Feb.

81
7834
8034
8034
96

9634
102 34
10434
104 34
9434
103 34

Jan.
Jan.
Jan.
Jan.
Feb.
Feb.

97
103
10634
10634
9734
10434

Feb. 15
Jan. 4
Jan. 8
Feb. 25
Jan. 5
Feb.
Jan.
Jan.
Jan.
Jan.
Jan.

5
13
27
24
13
6

10034 Feb. 16 10034 Feb. 16

9934 Jan.
8134 Jan.

10034 Feb. 16
8134 Jan. 28

106 Feb.
10034 Feb.

76

102 34 Jan. 28 102 34 Jan. 28
106 Feb. 11 106 Feb. 11 106
Feb. 11
10134 Feb. 8 10034 Jan. 4 10134 Jan. 27

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

74
7234
80
8034
7234
10934
10534
105
76

Feb.
Feb.

100 Feb.
7934 Feb.

7434 Feb.
8934
9934
8934
7234
7434
8134
9534
9034
10034
10534

Feb.
Feb.
Feb.
Feb.
Feb.

Feb.
Feb.
F eb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

1 7834 Feb. 25
9034
9934
9034
74
7734

Feb.
Feb.
Feb.
Feb.
Feb.

9334 Feb.

10534 10334 Feb.
105 10334 Feb.
Sale 10934 Feb.

4 114

Feb.

73

Jan. 10 8034 Feb. 7
Feb.
Feb.
Feb.
Jan.
Feb.
Feb.
Feb.
Jan.
Feb.
Jan.
100
Feb.
7934 Feb.

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Feb.
Jan.

74
7234
80
8034
7234
10934
10534
10534
76
8934

Jan.

4

9234 Feb.
9334
158
9234
10534
9434
9134
9034
655-4
6334
96

1 113
10334
10334
10934
10534

104 34 Feb.
10434 Feb.
10934 Feb.

8234 Feb. 10 8334 Feb. 23

9
25
18
26
26
10
26
20
24
17
5
2

7834 Feb. 25

8934 Feb.
9934 Jan.
87 34 Jan.
7234 Feb.
71 34 Jan.
9834 Jan.
7834 Jan.
93 3C .Tan.
9034 Feb.
10014 Feb.
10534 Feb.

Feb. 7 9334 Feb.
Feb. 9165
Feb.
Feb. 11 9534 Feb.
106 Feb.
Feb.
Feb.
9634 Feb.
93 Feb.
Feb.
91
Feb.
Feb.
6734 Feb.
Feb.
63 34 Feb.
Feb.
9734 Feb.
Feb.

11334 Feb.

74
7234
6934
76
7734
6934
10534
103
10334
6934
89 34
9934
7634

Feb. 11 8234 Feb.
9734 Feb.
Feb.
9234 Feb.
Feb.
10034 Feb.
Feb.
106 Feb.
Feb.

9234 Feb.

9334
164
9434 9234
106
Sale
9534
Sale
9134
91
92
Sale
6634
67
63 34
Sale
96 34

105
85

7934
7834
7934
7834
9434

9834 Jan. 17
10034 Jan. 25

8034 7834 Feb. 10 8034 Feb. 17

Sale

4

92
Jan. 22
9934 Jan. 20
Jan. 20
10534 Jan. 12
8134 Jan. 13
7934 Jan. 4
9734 ■Tan. 25
Feb. 9
96
9634 Jan. 21

9834 Jan.
9834 Feb.

9034 Feb.
Jan.
9134 Jan.
75
Jan.
7734 Feb.
993s Jan.
83 34 Jan.
97 34 Jan.
9234 Feb.
10134 Jan.
106 Jan.
100

28
14
26
26
26
28
19
.31
21
21
4

9 9334 Jan. 28

Jan. 15 9334
Jan. 25 165
Feb. 11 96
Jan. 5 106
Jan.
9634
Jan.
93
91
Jan.
.Tan.
6734
Feb.
6534
Jan .
9734

.Tan.
Feb.
Jan.
Feb.
Feb.
Fob.
Feb.
Feb.
Jan.
Jan.

25
8
28
2
18
1
10
4
13
25
7

Jan.

114

Jan.

Jan.
Jan.
Jan.
Jan.

10634
10634
10934
10534

Jan. 19
Jan. 24
Jan. 27
Jan. 6

8134 Jan.

4 8334 Feb. 23

104 102
10234
10034 100
9234
9234
107 34 10734 10734
108
Sale 10734
9834
9834 Sale
Sale
8734

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

102
10234
10034
93
10734
108
99
88

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

102
10134
100
9234
107
10734
9834
8634

Feb.
Jan.
Jan.
Jan.
Jan.
Feb.
Feb.
Jan.]

91

9034
102
102
9934 9834
92
Sale
Sale
9834
Sale
9834
10234 102

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

9034
102
10234
9834
9434
101
101
10234

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

9534
9534
103
Sale
Sale
Sale
Sale

9434
9434
1013s
9934
10834
10634
11134

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

9534
9534
10334
100
10934
10634
113

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

9034
9334
102
98
8734
9634
9534
102
96
94 34
9434
10134
9934
10634
10634
11134

Jan. 17
Feb. 18 93
Feb. 1
Jan. 5 102
Feb. 7:10234 Jan .3 5
Jan.
9834 Feb. 27
Jan.
95
Jan. 29
101 Jan. 29
Jan.
Jan.
10134 Jan. 29
Jan.
10234 Jan. 3
Jan.
9634 Jan. 28
Jan.
96 Jan. 15
Feb.
95 34 Jan. 25
Feb.
10334 Feb. 15
Jan. 1 1
101
Feb.
Jan.
10934 Jan. 24
Feb.
10734 Jan. 26
Feb. 9
113
Jan.

Sale

10234 Feb. 17 10334 Feb.

102

10134

102

9834
9234
99
9834
10234
96
9534 9534
9534 9534
Sale 10234
Sale
9934
Sale 109
Sale 10634
Sale 11134

96
95
9434
10234
100
10934
10634
11134
11134
10334 Sale

90 Jan.
9734 Jan.
10534 Jan.
105 34 Jan.
8034 Feb.
7834 Feb.
9634 Jan.
96 Feb.
9434 Jan.

Feb. 17

100

9234
Sale
9934
Sale
Sale
Sale
Sale

81
7934
9734
96
9534

Feb.
Feb.
Feb.
Feb.
Feb.

Feb. 17

7334
7134
8034 7934
8034 7934
7234 7034
Sale 10834
105 34
Sale 104 34 Sale 104 34
Sale
7534 Sale
7234
89
8934
Sale
100
9934
Sale
7834 7834 7834
7434
7134
Sale
Sale
Sale
Sale

44.000 92 34 9334
15.000 15934 ____
25.000 9334 9334 9534 Sale
3.000 10534 10534 10534 10734
26.000 9434 9434 9534 Sale
133.000 9134 Sale
92 34 Sale
5.000
9134 9234
114.000 6534 Sale
6734 Sale
2.000 65
6634 6334 67
134.000
96
Sale
97 M Sale
92 34
9 1 34-----180,000 11334 Sale
Sale
114
11134
9,000 103
10334 10434 10534
43,000 103 34 Sale 10434 Sale
10934
10934 110
10534 106
10234
10234 105
10234
8,000 8134
8234 86
9234
92 34
9234
9234
2,000 102 10234 102
5.000 10134 10234 10234
43.000 100
Sale 10034 Sale
15.000 9234
9234
27.000 10734 10734 10734 108
37.000 10734 10834 10734 Sale
171.000 9834 Sale
Sale
99
98.000 8734 Sale
Sale

102

9634
10234
105
10534
9434
10334

9934

7634 Sale
7434 Sale
89
8834
8934 ■§034 9034 Sale
100
9934 Sale
9034 9034
9034 Sale
7234 80
7034 79
7234 7434 9034 Sale
99
9934
Sale
82
8234' Sale
9634 Sale
9734' Sale
92 34 Sale
9134 Sale
10034
10034
106
105 34 10634
10834
10834
107
107
9334 Sale
9334 Sale
91
92 34
9334 9334
9334 Sale

9034
94
102
9834
9434
101
10034

8034
7834
9634
96
95

92
Feb.
9934 Feb.
107 Feb.

Feb. 15
80
8034 7934 Feb. 11 81
7834 79
8034 Feb.
7934 8034 7934 Feb.
7834 Feb.
8034 Feb.
95
9534 9434 Feb.
9534 Feb.

97
Sale
Sale
Sale
98
Sale

10134_____ 10234 ----4,000 106
_____ 106
___
15,000 10032 100M 10034 101;
90
92
90
----_____ 90
90
-----

8934
7334
Sale

Feb.
Feb.
Feb.
Feb.
Feb.

Jan.
Feb.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

Feb.

9534 '9434 '9534

51.000

9634
8734
10034
10034
10434

Jan. 14 2634 Feb". " 4

1234 Feb. 14 1634 Feb.
9934
8834
8534
9634
8734
100
10034
10434

4

10634 Feb.

8034
79
8134
8134
9534

73
8834
89
99 34
87
7034
72
98
7834
93
9134
9934
10534
10834
107
9334

23

Feb.

10734 Sale

10734 108

80
_____
78% 79
79J4 80 %

771

1 26

23

93 34 95 M '9534

3,000

Sale Prices.

4

39,000

95 M

Highest.

Sale Prices.

Feb. 14 2634 Feb.

8034, Sale
79
8034
£634 97

26,000 9631 9634
76.000 10234 Sale
11.5,000 10434 Sale
40.000 104 34 Sale
8,000 96 % Sale
32.000 103
104
91
.........
9 8 34_____
1,000 10034 _____
98 34------T660 9934 _____
8134 8234

Lowest.

Sale Prices.

1834 Jan. 25 26

107,000
9.000
60,000
1.000
34,000
5.000
9.000
7.000

Feb.

Highest.

4

2634 '2434 Sale"
Sale

RANGE SINCE JAN. 1.

t

Feb.

21

99 34 9934 10034
89
8734 89
86
85
98
9632 9734
Sale
8734 88
10034 10034 Sale
Sale 10034 Sale
105
10434 10534
_____ 97
98
__ 10034 102

35.000 9134 93
Pacific Coast Co 1st g 5s______ 1946
D
1.000 93 34 93 34
Pacific RR o f M o 1st ext 4s__ 1938
A
2,000 10234 10234
2d extended gold 5s________ 1938
J
10.000 9734 98
Paducah & Illinois 1st s f 434s.. 1955
J
Paris-Lyons-Med RR 6 s______ 1958
A 1,159,000 8734 Sale
Sink fund extl 7s____________1958 M S
359.000 9634 Sale
155.000 95 34 Sale
Paris-Orleans RR s f 7s_______ 1954 M S
27,000 102 34 Sale
Paulista Ry 1st & ref 7s______ 1942 M S
Penn RR consol gold 4s_______ 1943 M N
9534
13.000 9534 Sale
Consol gold 4s______________ 1948 M N
11.000 95
Stamped dollar bonds____ 1948 M N
95 34
51,000 10134 10234
Consol 434s issue o f 1915___1960 F A
286,000 9934 Sale
General 434s Series A _______ 1965 J D
137.000 107 34 Sale
General 5s Series B _________ 1968 J D
10 -year secured 7s_________ 1930 A O
205.000 10634 Sale
107.000 11234 Sale
15-year secured 634 s . ............... 1936F
Registered___________________ ;F
11134
40-year 5s--------------------------1964 M N
201,000 102 34 Sale




17

BONDS-STOCK EXCHANGE RECORD

103

1 102

Jan.

11
5
3
28
27
11
11
3

102
10234
10034
93
10734
108
99
8934

Feb.
Feb.
Feb.
Jan.
Jan.
Feb.
Jan.
Jan.

11
9
5
18
10
25
31
14

3 103 34 Jan. 29

18

[V ol. 124.

BONDS

N. 7 . STOCK EXCHANGE.

Interest
Period

BON DS- STOCK EXCHANGE KECOKD

Pennsylvania Co—
Guar 3% s coll tr reg ctfs
1937 M S
Guar 3% s coll tr ctfs B ____ 1941 F A
Guar g 3% s tr ctfs Series 0 .-1 9 4 2 J T1
Guar g 3% s tr ctfs Series D ..1 994 J D
Guar gold 15-25-year 4s------1931 A O
40-year guar tr ctfs 4s Ser E.1952 M N
Peoria & East 1st cons 4s_____ 1940 A O
Income 4s__________________ 1990 A c r
Peoria & Pekin Un 1st 5% s A . .1974 F A
Pere Marq 1st 5s Series A _____1956 J J
1st 4s Series B ______________ 1956 J J
Phila Balt & Wash 1st g 4s____1943 M N
General 5s Series B _________ 1974 F A
Philippine Ry 1st 30-yr s f 4 s ..1937 J J
Pine Creek registered gu 6s------ 1932 J D
P O O & St L gu g 4% s Series A.1940 A O
Con 4% s Series B guar_____ 1942 A O
Con 4% s Series O guar_____ 1942 M N
Con 4s Series D guar_______ 1945 M N
Con 3Ms Series E guar g___ 1949 F A
Con 4s Series P guarg______ 1953 J D
Con 4s Series G guar_______ 1957 M N
Con 4s Series H guar_______ 1960 F A
Con 4% s Series I guar______ 1963 H' A
Con 4% s Series J guar______1964 m n
Gen 5s series A _____________ 1970 J D
Registered----------------------------- J D
General g 5s ser B ___________1975 A O
Pitts & Lake Erie 2d 5s__ Jan 1928 A O
Pitts M cK & Yough 1st gu 6 s ..1932 J J
2d guar 6s_________________ 1934 J J
Pitts Shen & L E 1st g 5s------- 1940 A O
First consol gold 5s________ 1943 J J
Pitts Ya & Char 1st guar 4s__ 1943 M N
Pitts Y & Ash 1st con 5s----------1927 M N
1st gen 4s series A ___________1948 J D
1st gen 5s series B ___________1962 F A
Providence Securities deb 4s— 1957 M S
Providence Terminal 1st 4s------ 1956 M S
Reading Co gen gold 4s----------- 1997 J J
Registered__________________1997 J J
Jersey Central coll g 4s_____ 1951 A O
Gen & ref 4% a_____________ 1997 J J
Rensselaer & Saratoga 6s--------- 1941 M N
Richm & Danv deb 5s stamped. 1927 A O
Rlchm & Mecklenburg 1st 4s— 1948 M N
Richmond Terminal Ry 1st 5s. 1952 J J
Rio Grande June 1st gu g 5s— 1939 J D
Rio Grande Southern 1st g 4s—1940 J J
Guaranteed (Jan 1922 coup on )’40 J J
Rio Grande Western 1st g 4s — 1939 J J
1st con & coll trust 4s series A 1949 A O
Rock Isl’d Ark & Loui 1st 4%s_1934 M S
Rutland-Canada 1st gu g 4s— 1949 .1 .T
Rutland 1st cons g 4 % s----------- 1941 J J

Sales in
February.
Par Value.
$

Price
Jan. 3
1927.
Bid.

85
85 %
84%
84%
6,000 67%
12,000 85%
77,000’ 85%
362,000 42
8,000 103%
126,000 103%
14,000 89%
2,000 95%
---1 1)0%
26,000 42
12,000 106%
8,000 99%
15,000 99%
99%
2,000 95%
95%
18,000, 96
______ 95%
1,000 95%
14,000 99%
6 ,0 0 0
99%
33,U00 106%
1
5,000

218,000 106%
5,000
105%
103%
3,000 1 0 1 %
100%
92
100%
1 0 0 ,0 0 0
93
1 ,0 0 0 10434
15,000 65%
83%
7,666 100

Ask. Bid.
89
Sale
85%
Sale
42%
103%
Sale
Sale
110%
43
107%

Sale

87
86
85
84%
89'
89
86
41%
104%
104%
| 90
95%
,110%
1 43%
106 5-s
!100%
101
100%
95 %
95%
95%
95%
95%
100%
100%
10S

1

Feb. 28.

Ask. 'Bid.
87
86
85%
84%
Sale
97%
Sale
88%
86%
87
Sale
43%
104%
Sale 104 %
Sale
89
Sale
95%
111
110%
Sale
43
106%
102% 100%
102
100%
100%
95%
89
86%

Sale
Sale

Sale 10S% Sale
Sale
1 0 0 % 100
107%
103 3%
102% Sale
1 00 1i
I 92%
100%
1 92%
105
105%
73
I 72% 75
84
—
|1 0 0 %

27,666 99%
I 92
92%
55,000, 98
Sale 1 99% Sale
--------- 1 109%
110%
99% 100
99% 100
2 ,0 0 0
79% 80
79 % 83
2 ,0 0 0 102
103% 1 0 2 %
1 ,0 0 0 1 0 0 % 1 0 1 %
7
9
7%
1
7
12
7% 12
18,000 91% 92% 91% 92
63,000 84% Sale
85% Sale
112 ,0 0 0
94% Sale
95% Sale
5,600 82
82% 83% 83%
18,000 91% Sale
92%

17.0001 87% 89%
St Jos & Grand Island 1st g 4S..1947 J J
1,0 0 0
97%
8t Lawr & Adirondack 1st g Se.1996 ,T J
105%
A
6
2d gold 6s............................... -1996
6,0 0 0
96% 96%
8t Louis & Cairo gu g 4s--------- 1931 J J
St Louis Iron M tn & South—
45,000 1 0 0 % Sale
Gen con ry & land grant 5 s ..1931 A O
167,000 9 /% Sale
ITnif & ref gold 4s___________1929 J J
______I
Registered----------------------------- J J
237,000 93% Sale
River & Gulf Div 1st g 4s__ 1933 M N
3,000 99% 100%
St Louis Mer Bdge Ter gu g 5s. 1930 A O
St Louis-San Fran R y—
840,000 84% Sale
Prior lien 4s series A ________ 1950 J J
Registered..............
---- J J
188,000 99% Sale
Prior lien 5s series B ________ 1950 J J
12 0 ,0 0 0
Sale
1 0 1 %
Prior Hen 6s series C ------------- 1928 J J
128,000 1 0 2 % Sale
Prior lien 5 %s series D ----------1942 J J
412,060 99% Sale
Cum adj 6s series A ____July 1955 A <)
Income 6s series A _____July 1960 Oct 1,297,000 95% Sale
3,000 105
9t L & San Fran Ry gen g 6 s ..1931 J J
10 ,0 0 0
10 0 %
1 0 1 %
General gold 5s--------------------1931 J J
3,000 103% 105
St Louis Peoria & N W 1st gu 5sl948 ,1 J
1,0 0 0
96
97
St Louis Southern 1st gu g 4 s ..1931 M S
63,000 8 6 % Sale
St Louis Southwest 1st g 4s------1989 M N
9,000 80% 82
2d gold 4s income bon d.N ov 1989 J J
69,000
94% Sale
Consol gold 4s______________ 1932 J D
54,000 96% Sale
1st terminal & unif 5s----------- 1952 J J
252,000 92% 93%
St Paul & K C Sh L 1st 4% s— 1941 F A
1 0 1 %
St Paul & Duluth 1st 5s----------1931 F A
2 ,0 0 0
91
92%
1st consol gold 4s---------------- 1968 J D
94
98
St Paul E Grand Trunk 4%S-.1947 J 3
15,000 97
98
St Paul Minn & Man cons 4S..1933 J J
107% 108
1st consol gold 6s__________1933 J J
Registered----------------------------- J J
5,000 10014 Sale
6s reduced to gold 4% s--------1933 J T
Registered___________________ J J
9,000 95% 96
Montana Ext 1st gold 4s------1937 J D
Registered------------------------------ j n
5,000 90%
Pacific Ext sterling gu 4s — 1940 j j
35,000 105% Sale
St Paul Union Depot 1st 5s . . 197 3 j j
103,000j 88% Sale
flan Ant & Aran Pass 1st gu 4s. 1943 j j
102
Santa Fe Presc & Phenix 1st 5s. 1942 M S
108%
flav Fla & West 1st g 6 s --------- 1934 A O
10 2 %
104
1st g 5s_____________________1934 A O
11,0 0 0
90% 92%
Scio Vail & N E 1st gu g 4s------1989 M N
19,000 79% 80%
Seaboard Air Line g 4s________1950 A <)
83,000! 80% Sale
Stamped___________________1950 A O
P A 1,730,000 83% Sale
Adjustment 5s______________ Oct1949
372,000, 72% 73
Refunding g 4s------------------ 1959 A O
1st & cons 6s series A ______ 1945 M S 1,235,000 97% Sale
13,000| 91% Sale
Atlan-Birm Div 4s____M ay 1933 M S
540,000 97
Sale
Seaboard-All Fla 1st 5s A -------1935 F A
______ 1 1 0 0
10 0 %
Seaboard & Roanoke 1st 5s extd 1931 J J
4.000 101
10 1 %
So Caro & Ga 1st ext 5% s------- 1929 M N
2 ,0 0 0
103%
South & Nor Ala gu 5s-------------1936 F A
4,000, 1 1 0 % 1 1 1
Gen cons gu 50-year 5s------1963 A O
Southern Pacific Co—
35,000 88% Sale
4 s g Central Pac coll____ Aug 1949 J D
2 ,0 0 0
Registered--------------- ------- - - - - J D
M S
208,000 98% Sale
Convertible 4s_____________ June1929
31,000 101% Sale
Convertible 5s------------------- 1934 J D
4,000 1 0 0 % 1 0 1 %
20-year gold 5s-------------------191 M N
2 0 ,0 0 0 ,
90% Sale
San Francisco Term 1st 4s— 1950 A O
Registered---------------------- 1950 A O
2 ,0 0 0
104%
So Pac of Calif 1st cons 5s------- 1937 M N
94%
10 ,0 0 0
South Pac Coast gu 4s________ 1937 J J
191,000 93% Sale
South Pac RR 1st ref gu 4s------1955 J J
145,000 106% Sale
Southern Ry 1st cons 5s-------- 1994 .1 J
_____|
Registered__________________1994 J J
323,000 86% Sale
Devel & gen 4s series A ____ 1956 A O
336,000 113% Sale
Devel & gen 6s--------------------1956 A O
262,000 119% Sale
Devel & gen 6H s series A — 1956 A O
5,000 106% Sale
Memphis Div 1st g 5s----------1996 J J
89 3/7 Sale
St Louis Div 1st g 4s---------- 1951 J J
101 Ss, 103
East Tenn reorg lien g 5s— 1938 M S
92
94
Mobile & Ohio coll tr 4s------1938 M S
8,666 84%
Spokane Internal 1st g 5s-------- 1955 J J
82%
3taten Island Ry 1st 4% s-------- 1943 J D
92%
Sunbury & Lewis 1st g 4s--------- 1936 J J
99%
Superior 8 L 1st 5s______ June 1930 M S
98% 98%
1,0 0 0
Term Assn of St L 1st g 4% s— 1939 A O
15,000 10214 1031/7
First cons g 5s______________ 1944 F A
Sale
91,000 88
Gen ref s f gold 4s___________1953; J J
61,000 103% Sale
Texarkana & F S Ry 5% s ser A 1950 F A




PRICES I N FEBRUARY.
Feb . 1.

88%

Ask.
86%
86

Highest.

Lowest.

Highest.

Sale Prices.

Sale Prices.

Sale Prices.

Sale Prices.

86

98
89%
Sale
45%

97%
88
86
41%
104%
Sale 103%
Sale
89
96% 95%
110%
Sale
43
106%
101% 100%
101% 100%
96

107% 108
101

92%
Sale

110%

79%

100

80%

101%
100% 101%
7% 12

7%
91
91%
84% 84%
95% Sale
83% 83%
93% 93%

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

4 98
23 89%
4 87
1 47%
11 104%
18 104%
28 90%
7 97
26 110%
4 43%
2106%
9 100%
9 101%

Feb.
Feb.
Feb.
Feb.
Feb
Feb.
Feb.
Feb.
Feb.
Feb.
Feb
Feb.
Feb.

Feb.

4 96

Feb.

4

9 166% Feb.

9

5

86
85

Feb. 5 86
Feb. 5
Jan. 18 86% Jan. 21

I
12 98
.Tan.
26 88
Feb. 23 89% Feb.
15 85% Jan. 3 87
Jan.
14 41% Jan. 31 47% Feb.
10 1r\ASX . T a n
7
1 103% Jan. 3 105
Jan.
4 89
Jan. 4 90% Feb.
2 95% Jan. 10 97
Feb.
26 1i 0% Jan. 13 111
Jan.
2 ^2 Jan. 41 43% Feb.
Fob. 2 1Ofi
Feb
11
23 99% Jan. 10 101% Jan.
18 100% Feb. 9 101% Feb.
96

Jan. 25 96

Feb. 9 100%
Feb. 1 101%
Feb. 11 101%
Feb. 15 108%

Feb. 9! 1 6 6 %
Feb. 25: 99%
Feb. 21 1 00
Feb. 2 106%

Q 7'

Feb. 9 100%
Jan. 11 101%
Jan. 17 101%
110
Jan.
3

Feb. 15 102% Feb.

86

Sale

Sale
Sale
Sale
99% Sale
97% Sale
105%
1 0 1 %
1 0 1 %
10 2 %

10 0 %

103%
96
86%
82
94%
99
93%

10 1

4 166% Feb.

4 100

Jan. 27 166% Feb.

4

9 92% Feb.
5 99% Feb.

5| 92
2 98

Jan. 26 92% Feb.
Jan. 3 100% Jan.
_

5
4

21

81% Feb. 10 81% Feb. 10 80 Jan. 18 81% Feb. 10
11 1021,4 Eeh. 1 1
102% Feb. 11 102% Feb. 11
100% Feb. 24 100% Feb. 24, 100% Jan. 18 l 6 o% Jan. 13
90%
84
95%
83%
93%

Feb.
Feb.
Feb.
Feb.
Feb.

18 91% Feb. 2 90% Feb. 18 93
Jan. 13
10 85% Feb. 1 84
Feb. 1 0 85 % Jan. 28
8 96
Feb. 14’ 94% Jan. 3 96
Jan. 14
10 83% Feb. 10 82% Jan. 2 0 83% Feb. 10
10 94 Feb. 10 91 % Jan. 5 94
Feb. 10

93% Feb. 15 94
Feb. 21 93% Jan. 3 94
100% Feb. 23 100% Feb. 7 100 Jan. 14 101

85% Sale

85% Feb.

Sale
Sale
Sale
Sale
98% Sale
105%

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

99%
100
102%
99%
97
105%
10 1
10 0 %
100%
107
103% 105% 105
97
96
97% 97%
Sale
8 6 % Sale
86%
82% 81% 82% 81%
94%
95
95% Sale
Sale
97% Sale
97
93% 93% Sale
92%
10 0 %
10 1 %
10 2%
10 0

10 1%

1 0 1 %

92
92
95%
97% 98% 98%
107% 108% 107% 108%
106
106
10 0
99%
99%
98%
98% 1 0 0 %
96'
95%
96
94 %
94%
Q9
91
90% QS>
Sale 105% 105% 105%
106
92

95%
97%

! 89%

89%

102

10 2 %

j 92%
81%
81%
85%
76%
99
92%
97%

Feb. 21 92

84K Jan.

4 100

Feb.

9

Feb. 11 96

Feb.

7

TVh 1A 92
Feb. 14 106

88% Feb. 26 90

100%
105
97%
86%
81
94%
95
92%

3

86%

Jan. 17

Feb. 16 101% Jan. 31
Feb. 18 102% Feb. 23
Jan. 3 ]02% Jan. 11
Jan. 3 100% Jan. 12
Jan. 3 99% Jan. 19
A
Jan. 12 101% Feb. 10
Jan. 5 105% Jan. 5
Jan. 17 97% Jan. 17
Feb. 16 8 8 % Jan. 18
Jan. 6 83
Jan. 24
Jan. 3 96% Jan. 17
Jan. 4 99
Jan. 29
Jan. 4 93% Jan. 13

Feb. 21

Feb. 16 98% Feb. 16
Feb.

99%
100
102%
99
95%

98% Jan.
107% Jan.
99% Feb.

19 Q2 .Tan. 1 9
24
20
98% Jan. 20
2 1 108
Jan. 4
4 100^ Jan. 18
__
17

95% Jan. 1 2 95% Jan. 12
12 09
Tan 17
Feb. 15
Feb. 1 105% Jan. 3 106 Jan. 13
88% Jan.

Feb. 10

3 91

Jan. 17

102% Jan. 18 102% Jan. 18

10 2 %

5
8
S
3
4
3
3
3
26
101% Feb. 18 101% Feb. 18 10 i% Feb. 18
104 Feb. 16 104 Feb. 16 103% Jan. 18
110% Feb. 17 110% Feb. 17 100% Feb. 17
92%
83
82%
88
76%
99
94
98%

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

9
14
11
17
1
1
16
18

92%
83
83%
88%
76%
99%
94
98%
100%
101%
104
110%

F eb.
Fe->.
Jan.
Jan.
Jan.
Jan.
Feb.
Feb.
Jan.
Feb.
Feb.
Feb.

9
14
15
26
71
15
16
18
26
18
16
17

88%
87
98%
100%
101
90%
87
104%
95%
93%
106%

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

10
14
4
25
3
4
28
2
14
18
10

90
87
99%
101%
102
91
87
105
95%
94%
108%

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

86% Feb. 8
86% Sale
113% Sale 113% Feb. 8
Sale 120 Feb. 8
12 1
106% Sale 106% Feb. 16
90% 89% 90%

87
115%
121%
106%

Feb.
Feb.
Feb.
Feb.

4 88% Feb. 1 0 90
14 86
Jan. 4 87
2 98% Jan. 7 99%
19 100% Feb. 25 102
14 101
Jan. 3 102
9 90% Jan. 3 91%
28 87
Feb. 28 87
8 104% Feb. 2, 105
14 95% Jan. 25 95%
2 ! 93% Feb. 18 94%
25. 106% Feb. 1 0 108%
0 % Jan. 5 104
21 8
Jan. 3 87%
2, 11 % Jan. 4 11
l| 11 -% Jan. 3 122
28: 1( 6 i Jan. 4 108%
3

Feb.
Feb.
Jan.
Jan.
Feb.
Jan.
Feb.
Feb.
Jan.
Jan.
Feb.
Jan.
Jan.
Jan.
Jan.
Jan.

4
14
21
18
14
25
28
8
5
19
25
5
7
31
17
15

88% 89%
84% 87
Sale
99
10 2 %

91%

10 4 %

95%
Sale
94
107% Sale

10 2 %

1
23
-1
10
28
2
10
5
5
9
4
26
1
2

Feb. 21
Jan. 19

9
28
1
4
28
14
3
21

1 1 0 %

86%
115
121%
106%
90
101 %
91%
85%
82%
92%
99%
98%

2

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

Feb. 25
Jan. 10
Jan. 26

Feb.
Feb.
Feb.
F eb.
Feb.
Feb.
Feb.
Feb.

Sale
Sale
Sale
Sale
92%
Sale

1 1 0 %

99%

Feb.

Jan. 28
F<>h 11

92%
82%
81%
84 %
73%
98%
92%
97%

93

1 0 1 %

10 1
10 0 %

86%

101%
102%
102%
100%
98%
105%
101%
105%
97%
87%
81%
95%
99
93%

102

10 0
10 1

104

88% Sale

8

16
18
15
4
7
2
2
7
5
16
11
2
21
11

108%

108%

1

Feb.

88%

93% Sale
10 0 %

IQ

92
Feb.
98% Feb.

105%
97% 96%

10 1

Tan.

Feb. 9
Feb. 25
Feb. 21
Jan. 19

Feb. 24 92% Feb. 10 Q9.34 Feb. 24 Q2t4 -BVh. 10
Feb. 4 10n % Feb. 4i
Feb. 8 75 Feb. 211 72 Jan. 17 75
Feb. 21

100

93% Sale
10 0 %

31
26
22
14
9d
18
4
2
31
2
11
18
18

Jan. 25

1 101 % Jan. 14 i62 % Feb.

87% Feb. 8 8 8 % Feb. 23 87% Jan. 26 89
100 Feb. 11 100 Feb. 11 100 Feb. 11 1 no
- -1
97% 97 Feb. 9 99 Feb. 25 96% Jan. 8 99
100)4
100% Sale
10 0 %
100% Feb. 17 100% Feb. 5 100% Jan. 3 100%
98% 98% 98% Sale
98 Feb. 10 98% Feb. 2 97% Jan. 3 98%
88

99%
105%
97

87%

Feb.

107% Feb. 16 108% Feb. 1 106% Jan. 3 110
Jan. 19
100 Feb. 1 100% Feb. 24 99% Jan. 10 100% Feb. 24
105% Jan. 18 1H.a 7% .Tan, 18

107
106
103%
101% 103% 102
100%
92%
100%
92%
92%
106
106%
73
72%
84%
100
92
99

5 86

IQ

100%
100%
101%
107% 107% 107%
101% 101%
101% 101%

100

Feb.

166% Feb.

95%
95%

RANGE SINCE JAN. 1.

Lowest.

92%
82%
81%
87%
73%
98%
93
97%

Sale
82
Sale
Sale
Sale
94
Sale

10 0
1 0 1 %

1 0 1 %

110%

1 1 1

104

Sale
89
86% 89
98% Sale
1 0 1 %
10 0 %

10 2 %
10 1

90
91
87
105%
95%
93% Sale
Sale
107

Sale
Sale
Sale

92%
Sale

98%

1 0 1 %

91%
84%
82%
92%
99%
98%

10 2 %

92%
85%

92
85

99%

98%
102%
87%
103%

91
81%
81%
83%
73
97%
91 %
96%

92 Jan. 6 92% Jan. 29
84% Jan. 18 85% Jan. 25

Feb. 26 92 Feb. 26
Feb. 3 85% Feb. 2
1

88% 88% 87% 88
104% Sale 104% Sale

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

92% Jan. 11 92% Jan. 11

Feb. 18 98% Feb. 2 98% Feb. 18 98% Jan. 5
Feb. 9 102% Feb. 2 102% Feb. 9 102% Jan. 28
Feb. 11 88% Feb. 19 87% Jan. 14 88% Jan. 24
Jan. 31
Feb. 7 104% Feb. 18 103% Feb. 7105

Mar., 1927.]
BONDS
T

JTOCK EXCHANGE.

BONDS—STOCK EXCHANGE RECORD
Sales in
fe-2 February.
Par Value.

Price
Jan. 3
1927.
Bid.
99 %




u

PRICES IN FEBRUARY.
Feb. 1.

Ash. B id.

Texas & N O cons g 5s________ 1943 J J
22,000 10514 106 %
Texas & Pacific 1st g 5s_______ 2000 J D
93
105
Second gold Income 5s______ 2000 Mar
30,000 10014 Sale
Louisiana Div B L 1st g 5s._1931 J J
4.000 103 V8 10444
Tex Pac— M o Pac Term 546S--1964 M S
5.000 101
Toledo & Ohio Cent 1st g 5s__ 1935 J J
12,000|100 46
Western Div 1st g 6 s_______ 1935
2 , 000 , 10014 101)4
General gold 5s_____________1935
20
15
Toledo Peoria & West 1st 4s__ 1917
12,000 90
90)4
Tol St L & West 50-yr g 4s____1950
100
99
Tol W Va & Ohio 1st gu 446s A.1931
99
1st guar 446s series B _______ 1933
93
1st gu 4s series O ____________1942 M S
91
3.000 90
Tor Ham & Buff 1st 4s________ 1§46 J D
19,000 63
70
Ulster & Delaware 1st con g 5s. 1928 J
3.000 41 % 42 34
First refunding gold 4s______ 1952 A
179.000 95)4 Sale
Union Pac RR & land gr g 4S--1947 J
5.000 93 Vs 94)4
Registered__________________1947 J
116.000 99 )6 Sale
20-year conv 4s_____________ 1927 J
Registered____________________ J
174.000 91 % Sale
First & refunding 4s___June 2008 M
19,000 10814 109
1st lien & ref 5s________ June 2008 M S
122.000 10214 Sale
10-year secured 6 s___________1928 J J
94
___
U N J RR & Canal Co gen 4 s ..1944 M S
9646 98 %
Utah & Northern 1st ext 4s___1933 J J
92
94
Vandalla consol g 4s A ________ 1955 F A
9044 - Consol 4s, series B __________1957 M N
Vera Cruz & P 1st gu g 446s__ 1934 J J
18
23
J .T
July 1914 coupon on_______
23,000
Assenting 1st 446s___________1934
10046
Virginia Midland 5s series F — 1931 M 8
2,000 10246
General 5s_________________ 1936 M N
7.000 102
Va & Southwest 1st gu 5s_____ 2003
2.000 9546 9544
First cons 50-year 5s_______ 1958
Sale
129.000 103
Virginian Ry 1st 5s ser A _____ 1962 M N
53,000 103 Sale
Wabash 1st gold 5s____________1939 M N
Sale
106.000
101
44
F
A
Second gold 5s______________ 1939
153,000 103 46 Sale
S
Ref s f 546s ser A ___________ 1975
90
Deb B 6 s registered________ 1939
4.000 84) 4
1st lien 50-year gold term 4s. 1954
3.000 10346
Det & Ch Ex 1st g 5 s ...........1941
ji
2.000 8846 8946
J
Des Moines Div 1st g 4s____1939
1,000 83)4 Sale
o
Omaha Div 1st g 346s______ 1941
21,000 91
8
Tol & Chic Div 1st g 4s_____1941
1,000 77)4
A
Warren RR 1st ref gu 346--------2000
5.000 8546 89
M
Wash Cent Ry 1st g 4s_______ 1948
73.000 85) 6 8644
Wash Term 1st gu 3 46®______ 1945 F A
1.000 9244
1st 40-year guar 4s________ 1945 F A
25.000 9846 100
Weatherf M W & N W 1st 5s._1930 F A
West Maryland 1st g 4s______ 1952 A O 1,130,000 7646 Sale
25.000 101 )6 Sale
West N Y & Pa 1st g 5s_______ 1937 J J
9,000
8844
General gold 4s_____________ 1943 A O
N
ov
Inc g 5s_______________April 1943
47.000 9944 Sale
Western Pacific 1st 5s A ______ 1946 M
9.000 10346 104
1st g 6 s ser B _______________ 1946 M
37.000 8646 Sale
West Shore 1st 4s guar_______ 2361 J J
5.000 8644 Sale
Registered_________________ 2361 J J
Wheeling & Lake Erie
25.000 99)4 Sale
Wheeling Div 1st g 5s______ 1928 J 3
___
100
Exten & impt. gold 5s______ 1930 F A
23.000 9046 9044
Refunding 446s ser A ______ 1966 M S
68.000 87 8746
Wheel & L Erie RR 1st con g 4s 1949 M S
29.000 72 )4 Sale
Wilkes-B & East 1st gu g 5s___1942 J D
5.000 10244 ____
Wilmar & Sioux Falls 1st 5s__ 1938 J D
8.000 86)6 88
Winston-Salem S B 1st 4s------1960 J 3
48.000 8246 83
Wisconsin Cent 1st gen g 4s__ 19'9 J J
28.000 89 )4 90
Sup & Dul Div & Ter 1st 4s. 1936 M N
89
Sale
Wor & Con East Ry 4 46s__ _1§43 J J
Industrials
91
11,000 90
Adams Express coll tr g 4s____ 1948 M 8
Sale
16,000 107
Ajax Rubber 1st 8s___________1936
4
3,000
346
Alaska Gold M deb 6 s A ______ 1925
4
344
10-year conv 6 s ser B ______ 1926
71.000 92) 6Sale
Alpine-Montan Steel 7s_______ 1955
Sale
82.000 104
Amer Agric Chem 1st ref sf7^sl941
3.000 95)4 Sale
Amer Beet Sugar conv deb 6 s . . 1935
59.000 101)4 Sale
Amer Chain 10-year s f deb 6 s. 1933
23.000 95
9544
Amer Cotton Oil deb 5s______ 1931 M N
2.000 10544
Amer Dock & Impt extd 6 s____ 1936 J J
105
9.000 104
Amer Mach & Pdy s f g 6 s____1939 A O
21.000 99 9946
Amer Republic Corp s f deb 6s_l937
162,000 100)6 Sale
Amer Smeltg & R ef 5s ser A __ 1947
Sale
65.000 108
1st g 6 s ser B _______________ 1947
81.000 10446 Sale
Amer Sugar Refg 15-year 6s— 1937
322.000 98)6 Sale
Amer Tel & Tel Coll trust 4 s ..1929
9.000 93) 4 94
Convertible 4s______________ 1936
99 V
1.000
20-year convertible 446 s____ 1933
148.000 102 46 Sale
30-year coll trust 5s________ 1946
Registered____________________
575.000 10146 Sale
35-year sink fd deb 5s______ 1960
212.000 10546 Sale
20-year sink fd 546s------------- 1943 M N
25.000 10344 Sale
Amer Type Founders deb 6 s-----1940 A O
Sale
86.000 98
Amer Water Wks & Elec coll 5s . 1934 A O
78.000
Debenture gold 6 s series A . .1975 M N
92.000 6046 Sale
Amer Writing Paper s f 7-6s__ 1939 J J
18.000 6046 Sale
Temp interchang ctfs o f dep____
399,000 10446 Sale
Anaconda Copper Min 1st 6 s . . 1953 F A
Registered___________________
398,000' 10946 Sale
15-year conv deb 7s________ 1938 F A
530,000, 108 Sale
Andes Cop Min deb 7s 25% pd 1943 J J
Anglo-Chllean Nitrate 7s_____1945 M B
Sale
516,000;
Without warrants_______________ M N
Sale
71.000 95
Antilla (Comp Azuc) 1st 746S--1939 J J
4,000 10046 100 %
Ark & Memph Bdge & Term 5s_ 1964 M 8
133.000 92 Sale
Armour & Co 1st real eat 4^ 8.1939 J D
291.000 9514 Sale
Armour & Co o f Del 1st 546s —1943 J J
51.000 102% Sale
Associated Oil 6 % gold n o te s ..1935 M S
101%
Atlanta Gas Lt 1st 5s________ 1947 J D
1746 24
Atlantic Fruit 7s ctfs o f dep__ 1934 J D
C ertifof deposit stamped_______
52.000 15)6
107.000 7346 Sale
Ati Gulf & W I S S Lines coll tr 5s ’59 J J
21.000 10146 Sale
Atlantic Refining deb 5s______ 1937 T 3
15.000 10646 Sale
Baldwin Locom Wks 1st s f 5 s .1940 M N
107
Baraqua (Comp Azucar) 7468-1927 J J
13.000 106
Barnsdall Corp—
Sale
D 1.950.000 89
Debenture 6 s (with warrants) 1940
396.000 98 M Sale
Deb 6 s (without warrants)..1 940 J D
J
Belding-Heminway conv 6s___ 1936
44.000 9746 9946
Sale
J
41.000 104
Bell Telephone o f Pa 1st 5s B ..19 48
O
164.000 10446 Sale
First & ref 5s series C ______ 1960
36.000 100)6 10114
Bethlehem Steel 1st & ref 5s g A 1942 M N
Sale
63.000 99
20-year pur & imp s f 5s____1936 J
347.000 102 Sale
Cons 30-year s f 6 s ser A ____1948 F
450.000 9746 Sale
Con 30-year s f 546s B _____ 1953IF
Sale
144.000 94
Bing & Bing temp deb 646s____1950
103)6
4.000
Booth Fisheries deb 6 s________ 1926
52.000 90)6 91
Botany Cons Mills 646s______ 1934
23.000 104 Sale
Brier Hill Steel 1st 546s______ 1942
54.000 72)6 73)6
Broadway & 7th Av 1st con 5 s .1943
47.000 7246 73
Ctfs o f dep stpd June ’26 int____
Sale
30.000 95
Brooklyn City RR 1st 5s_____ 1941 J J
143.000 104 % Sale
Bklyn Edison Inc gen 5s A ____1949 J J
General 6 s series B _________ 1930 J J
56.000 10346 10446
Bk yn-M Tr R T Sec 6 s...........1968 J 3 1.265.000 9846 Sale
4.000 65
Bklyn Q Co & Sub gtd 5s_____1941 M N
6546
1st 5s stamped_____________ 1941 J J
1.000 8046
95
Brooklyn Rapid Transit g 5s. .1945
88
1st refund conv 4s g________ 2002
Sale
43.000 95
Bklyn TJn El 1st g 4-5s_______ 1950
28.000 9446 Sale
Stamped guaranteed_______ l950iF

19

101

107
10046
10444
101)4
10044
10044

Feb. 28.

Ask. Bid.
99)4
Sale 105)4
105
10044 100 44
Sale 104 46
10146
10044
10144 100
20

91

9044
99
99
9314
90
6344
40
9546
94)6
99)6

9046
63)4
41
Sale
95)4
Sale

9146
10844
101)4
94
9746
9244
9244

Sale
11044
Sale
_____
98)4
-------------

Ask.

101

Highest

Sale Prices.

Sale Prices.

10546 105)4 Feb.
105
10014 100)4 Feb.
10444 Feb.
10146 Feb.
10044 Feb.
101)4 100)6 Feb.
32
89)6 Feb.
8944 Sale
99
9946
93)4
90% Feb.
90)4 Sale
60 Feb.
6344 Sale
40 44 40)4 40)4 Feb.
9546 Feb.
95)6 Sale
94)4 Feb.
93)6 95
99)4 Feb.
9946 Sale
Cf3 Sale
9146 Feb.
109)6 110 109 Feb.
10146 Sale 101)4 Feb.
94 46
9746 98)4
93 44
93 44

2446 Sale
26)4 Sale
100)6
100) 4
10244 1024 102)6 10246
102
102
Sale
9544 954 95
103 44 Sale 103 Sale
10144 Sale 10346 Sale
102 44
101) 102
104 44
104)6 Sale
99
99
85% 87
86)6
105
104
10344 105
89 44
8844 Sale
8346 83 M
84) 6 Sale
90
9146 9046
8144
82 46
8744
8746 8846
85) 6 Sale
85)6 86)4
9114
92 44
9944 99)4 9846 99)6
Sale
80
79 46 Sale
101)4 Sale 101)6 Sale
89
88
89

6

RANGE SINCE JAN. 1.

Lowest.

23

Feb.

4 10046
1 104)4
19 10246
11 10046
14 100)6

Feb. 28 100 Jan. 5 10046
Feb. 3 10414 Feb. 1 10514
Feb. 15 10146 Feb. 19 10246
Feb. 9 10046 Feb. 11 100) 6
Feb. 14 10046 Jan. 25 101) 6
15 Jan. 21 15
89)6 Feb. 28 90%
Feb.
99
Jan. 21 99

28 90
28 90)6
4 63 46
3 40)4
H 96
25 94)6
9 100
__ !_
1 94)6
9 110
1 102

Feb. 2 102 46
Feb. 8 102
Feb. 11 95
Feb. 9|l0346
Feb. 4!104J4
Feb. 9,101)4
Feb. 7 104)4

8546
104
8846
84) 6
90
81)4
87)6
85) 6
91)4
98)4
7946
101)6
88

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

9046
106)4
3
3
96)4
104)
97 46
95 44
105) 4
104
99
10144
108)6
105
98)4
94)4
98)4
10344

Sale
Sale 106
344
344
4
346
Sale
96
Sale 4 10346
98
95
Sale 10346
96
9646
105)6
105 104
Sale
99 46
Sale 10046
Sale 10816
Sale 10446
Sale
9946
Sale
9446
Sale
9946
Sale 10346

9446 Feb. 25 96)6
104 Feb. 7 104)2
9444 Feb. 26 98
Feb. 1 10346
102
95 Feb. 4 9646
10546 Feb. 17 10546
10446 104 Sept 14 104
99
Sale
Feb. 1 99K
Sale 10046 Feb. 28 101)6
Sale 108 Feb. 1 108)6
Sale 104 Feb. 17 105
Sale
9846 Feb. 9 9914
Sale
9446 Feb. 9 9446
Sale
9846 Feb. 10 9946
Sale 102)6 Feb. 8 10346

102
10646
105
9846
102
58 M
59)6
104 %

Sale 10146
Sale 106
Sale 10446
9846
Sale
Sale 101
60
60
Sale , 61
Sale 104

Sale 10146
Sale 106
104% 104
Sale I 98%
Sale B 100M
Sale
58)6
Sale
5846
Sale 10346

102

107 % Sale
107 % Sale
90

Sale

96 46 Sale

10014 101
9214 Sale
95)6 Sale
102 % 102)4
101
10346
18 Sale
1746 24
72)6 Sale
10146 Sale
106)6 108
10746 108
Sale
Sale
Sale
Sale
Sale
Sale
101
Sale
99
10246 Sale
9916 Sale
92% 93%
105 46
93)6
97
103
104

108 46 Sale
108)6 Sale
8746
96
100%
92%
95
102 46
101

95
95

Sale

9 6 )6

Sale
Sale
Sale
Sale
10346

15%
1746 24
Sale
73
100)6 10146
106% 108
10746
106)6
92%
96
103)
10346
100)6

99ii

10146
98)6
9246
100
102
Sale
91
8846
Sale 10346
104
7846 Sale
7646
7246 7646 73
9346 Sale
9346
104)6 Sale 104) 6
10346 Sale 103%
Sale
99
99
6446 6546 63 %
79)6
7946
95
95
88

10646
34-6
346
Sale
Sale
96
Sale
Sale

Feb. 25 99 46
Feb. 9 104
Feb. 4 87)4
Feb. 7 86

99)6 Feb. 10 101
9046
87 44
75)6
104
86)6
83
9046

8
18
25
24
8
21
18
21

Jan.
94 Jan. 7
Jan. 29 9046 Jan. 27
Feb. 4 64 Jan. 5
Jan. 15 41 % Jan. 8
Jan. _3; 96 Jan. 14
Feb.
Jan. 26
Jan. 3,100 Jan. 17

3 91% Jan. 3' 94)6 Feb. 3
2 108)6 Jan. 25 110 Feb. 2
2 101 “A Jan. 15 i02)6 Jan. 5
9446 Jan. 29 9446 Jan. 29

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

23
10246
102
94)6
102)6
103
100)6
10346

92 46 Jan.

5

Jan. 19 27% Feb. 23
Jan.
Jan.
Feb.
Feb.
Jan.
Feb.
Feb.

Feb.
Feb.
Feb.
Feb.
Feb. 15

Feb.
91) Feb.
Feb.
Feb.
Feb.
77 ' Feb.
Feb. 10 104 Feb.
Feb. 23 87)6 Feb.
Feb. 14 83)4 Feb.
Feb. 4 9146 Feb.

Feb.
10646 Feb.
3 Feb.

Feb.
Feb.
Feb.
Feb.
Feb.
Feb,
Feb.
Feb.

94
90
60
39M
9446
9446
99)6

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

10246
102
96
103)6
10446
102
104M

Feb.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

2
10
11
6
20
20
14

2510046
9 10446
10, 87M
7 87

Jan.
Jan.
Jan.
Jan.

14
26
26
24

86) 4 Feb.
105 Feb.
88 46 Feb.
84) 6 Feb.
9046 Feb.
81) 4 Feb.
87) 6 Feb.
85) 6 Feb.
9246 Feb.
99)4 Feb.
82) 4 Feb.
101)4 Feb.
8844 Feb.

10044
_____
9144
88
Sale
10444
Sale
Sale
91
_____

Sale
Sale
Sale
10446
8744
83 46
91)4 92)6
92

Feb.
Feb.
Feb.

Feb. 171 27M Feb. 23

102 46
102
94)6
102)6
103
100)6
10346

9946
100
90)6
8744
7644
103)6
87) 4
83)4
9044
92

Sale

Feb. 18
Feb. 28
Feb. 3
Feb. 8
Feb. 5
Feb. 2

9246 Jan.

Sale
9944 Sale I 9944
103)6 103)4 104)4 103
Sale
8646 Sale
8646
Sale
86
8646 86
91)4
8846
77
10446
8646

Highest.

17 107

97 %
10346
87)4
86) 4

100
100

Lowest.

Sale Prices.
Sale Prices.
10146 Jan. 28 101 46 Jan. 28
1 105)6 Feb. 17 107)6 Jan. 17

10346
10646
105
99
102 %
60
61
104%

3 101

Feb. 15

9046
87%
72%
104
86)6
83
89
89

Jan.
Feb.
Jan.
Feb.
Feb.
Jan.
Jan.
Jan.

54! 93
Jan.
14 88M Jan.
3' 7846 Jan.
10 104
Feb.
23 87)6 Feb.
5 8446 Jan.
13; 9146 Feb.
3 89 Jan.

15
5
26
10
11
18
14
3

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

89
10546
3
3%
92)6
104
94%
101
95
10546
104
99
10046
107)6
104
9846
93 %
98)6
102%

Feb.
Jan.
Feb.
Jan.
Jan.
Jan.
Feb.
Jan.
Feb.
Feb.
Jan.
Jan.
Jan.
Jan.
Feb.
Jan.
Jan.
Jan.
Jan.

21' 91
8 107
4, 346
311 3%
4 97 46
3 104M
26 98
21 103)6
4 96
17 10546
22 104
4 99%
3 101 %
8 108)6
17 105
17 9946
i0 96
27 9946
7 103%

4
3
5
31
14
4
11
28
28
17
22
17
10
25
4
28
4
28
14

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

101
105%
103)6
98
100%
58)6
5846
103 46

Ja n .
Jan.
Jan .
Jan .

3 103 46 Feb. 28
3 10646 Feb.
6105
Feb.
3 99 Jan.
21 102)6 Jan.
14 6046 Jan.
10 61 Feb.
5 104% Jan.

9014 Feb.
107 Feb.
346 Feb.

7
8
14
2
21
14
10
5

99% Jan.

Feb.
Feb.
Feb.
Feb.

Jan.
Jan.
Jan.
Jan.
Jan.
Feb.
Jan.
Feb.
Jan.
Feb.
Jan.
Feb.
Jan.
Feb.
Jan.
Feb.
Jan.
Feb.
Jan.

106)6 Feb. 10 10846 Feb.
106 Feb. 15108)6 Feb.

10646 Feb.
106
keb.

87
96
100%
92
9446
100%

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

87
91 %
100M
9146
9446
100M

Feb. 14 90
Jan. 11
Jan. 4 9 7 % F e b . 1
Jan. 19 100)6 Jan. 10
Jan. 41 93 46 Jan. 13
Feb. 241 95% Jan. 7
Feb. 8103
Feb. 5

18
7246
10046
10646
107)6

Feb. 1 18 Feb.
Feb. 14 74% Feb.
Feb. 15 101)6 Feb.
Feb. 8 10746 Feb.
Feb. 23 108 Feb.

18
7046
10046
106
10646

Feb. 1 18
Jan. 26 76 46
Feb. 15 101 46
Jan. 5 10746
Jan. 11,108

Feb. 1
Jan. 12
Jan. 6
Feb. 16
Jan. 27

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

98)6
92
96
102M
10246
100
98)6
101)6
97M
9246
10146
88)6
103)6
72%
73
93 46
10346
102%
9846
63)6
7946

Jan.
Jan.
Feb.
Feb.
Feb.
Feb.
Jan.
Feb.
Jan.
Jan.
Feb.
Feb.
Feb.
Jan.
Feb.
Feb.
Jan.
Jan.
Feb.
Feb.
Feb.

Feb.
Jan.
Jan.
Jan.
Jail.
Jan.
Jan.
Jan.
Jan.
Feb.
Feb.
Jan.
Jail.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Feb.

Sale 104)6
Sale
92
Sale
96
Sale 6 102%
Sale 10246
Sale 100
Sale
98)6
Sale 101)6
Sale
98%
9346 92%
10146
Sale
8846
104
103)6
Sale
7546
73
Sale
9346
Sale 104
Sale 10346
Sale
9846
64
63)6
Sale
7946

14) 90
18i 97%
2 100%
11| 92%
24! 9546
8 103

2 l'l0 6 )6
23 9446
10 97
17 103%
17 104%
14 101%
15 99)6
14 102M
25 99)6
14 94%
9 10146
28 91
10 104)6
21 79)6
25 7546
24 93%
10 105
28 10446
8 99)6
18 65
23, 7946

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

96
95
Sale
9446 Feb. 28 9546 Feb. 10 | 94
9514 9446 9546 95 Feb. 2 9546 Feb. 18; 1 94

10946 Jan.
10846 Jan.

3 106)6
23' 9446
10 9846
17 104
17 104)6
14 102
29 100%
14 103
4 100
21 9446
9 101 46
28 92
10 105
5 7946
25 76
24 95
28 105
22 10446
8 9946
18 66
23 7946

28
31
4
3
3
3
7
11
15
25
9
25
28
27
25
3
15
11
13
13
28

Jan. 10 9546 Feb. 10
Jan. 3 9546 Jan. 27

20

[V ol. 124,

BONDS-STOCK EXCHANGE RECORD
BONDS

N. Y . STOCK EXCHANGE.

I f

Sales in
February.
Par Value.

Price
Jan. 3
1927.

Bid.
S
42.000 103 4
15.000 113 4
15.000
92 %
3.000 90 45
66,000 9545
40.000 99%
5.000 10145
1.000 10345

PRICES I N FEBRUARY.
Feb. 1.

Ask. Bid.
Sale 10345
113 55
163
15545
93
92%
9145 9045
96
96%
100
101
101% 101%
Sale 103%

Ask.
104
Sale
158%
93
91%
Sale
Sale

Feb. 28.
Bid.
10345
114%
158
92
9045
97
100

Lowest.

RANGE SINCE JAN . 1.
Higtiesi.

Lowest.

Hxghest.

Ask. Sale Prices.
Sale Prices.
Sale Prices.
Sale Prices.
Feb. 25 102 45 Jan. 5 104
104 103% Feb. 4 104
Feb. 15
Sale 11345 Feb. 1 114% Feb. 28 11345 Jan. 21 114 % Jan. 18
Jan. 8
160 158% Feb. 3 160 Feb. 4 156 Jan. 28 162
92% Jan. 12 92% Jan. 12
93
91% 9045 Feb.
9045 Feb. 2 90% Jan. 15 91% Jan. 14
Jan. 25
Feb. 28 95% JaD. 14 97
95% Feb.
Sale
97
Jan. 8
Feb. 1 99% Jan. 11 101
101
100 % 9945 Feb.
Sale 101% Feb.
1 0 1 % Feb. 15 10145 Jan. 28 1 0 2 % Jan. 10
Sale 103% Feb.
103 45 Feb. 2 103% Jan. 3 104% •Tan. 20
Sale
96% Feb.
9645 Feb. 11 96% Feb. 24 9645 Feb. 11
Sale 10045 Feb.
102 % Jan. 13
10145 Feb. 4 10045 Jan.
Sale
98% Feb.
99% Feb. 10 98% Feb. 24 100 % Jan. 14
102% Feb.
103% Feb. 15 102% Jan. 4 10345 Jan. 25
96% Jan. 17 96 % Jan. 17
96%
Jan. 7 102
Feb. 4
102
Feb. 4 101
10245 101% Feb.
Jan. 21
11945 Feb. 8 11845 Feb. 4 120
11945 11845 Feb.
Feb. 10
Sale
98% Feb.
100 Feb. 10 98% Feb. 18 100
Jan.
3 56% Feb. 24
56% Feb.
56% Feb. 24! 53
Feb. 21
103 Feb. 21 102 Jan. 6 103
102 Feb.
77% Feb. 19 74% Jan. 13 77% Feb. 19
Sale
7545 Feb.
Sale 11045 Feb.
1 1 0 % Feb. 23 10945 Jan. 12 1 1 0 % Jan. 15
102 Jan. 14 1 0 2 % Jan. 7
102 % 102 Feb. 102% Feb.
Sale 104% Feb.
104% Feb. 26 10445 Jan. 5 104 45 Jan. 26
Sale 100 Feb.
103 45 Feb. 24 9745 Jan. 6 103 45 Feb. 24

3klyn Union Gas Co 1st g 5s— 1945 M N
1st 1 & ref 6s A ..................... -1947 M N
Deb 545s____________
1936 J J
Buffalo & Susa gen s f os_____1932 J D
Bush Terminal 1st 4s________ 1952 A O
Consol 5s__________________ 1955 J J
Bush Term Bldgs 5s gu tax ex 1960 A O
Oal G & E Corp unlf & ref 5 s ..1937 M N
102
101%
California Petroleum 6 % s___ 1933 A O
10355 10345
Conv deb s f gold 5s________ 1939 F A
200,000
9655
Conv deb s f g 545s________ 1938 M N
Sale 10045
160,000 100 % Sale 101
Oamaguey Sugar sink fd 7s----- 1942 A O
82.000 99
99
9945 9945 Sale
Central Dlst Tel 1st 30-year 5s. 1943 J D
12,000 102
Central Foundry 1st sink fd 6s.l931 F A
96
96
96% 96%
Central Leather 1st 1s 6s--------- 1945 J J
23.000 101 % Sale 10145 Sale 10145
Central Steel 1st sink fd 8s — 1941 M N
13.000 11945 Sale
11845 11945 118%
Cespedes Sugar 1st gold 7%s._1939 M S
133.000
9845
Sale 102
-nicago City & Conn Ry 5s------1927 A O
1,000 53
Sale
5745
Chic Gas L & C 1st gu g 5s------1937 J J
7,000 102% Sale 102 ___ 102
r
a
Sale
Chicago Rys 1st 5s------------ ,..1927
310.000 75
67
Sale
7645
Chile Copper conv 6s ser A ____ 1932 A O
443.000 110% Sale
110% Sale 11045
102% 102
Cine Gas & El 1st & ref 5s------ 1956 A O
Sale
15.000
A
O
104 = 101 % 1 0 4 % ------ 104%
40-year prior lien 545s B Jan 1961
Cities Service Pow & Lt 6s A ..19 44 M N 1,501,000 97 3 Sale 10055 Sale 103
Clearfield Bit Coal 1st 4s_____1940 J J
Colo Fuel & Iron Co gen s f 5s_.1943 F A
97% Jan. 14 98% Jan. 21
35.000 9645
97% Sale
98 Feb.
97% 98% 97% Feb.
Colo Indus 1st coll tr 5s gu------1934 F A
93% Jan. 8 9645 Feb. 4
68.000 9345 93«
94% Sale
94% Feb.
96
Sale
9645 Feb.
Registered_____________________ F A
Col & 9th Av 1st gu g 5s-----------1993 M S
Sale
Columbus Gas 1st g 5s________ 1932 J J
97% Jan. 22
5.000 97
97 Feb.
98
9645 Feb.
97
98% 9645 Feb.
Commercial Cable 1st g 4s____2397 Q J
78
Feb.
82 Jan. 19
18,000 8145 82
80% Feb.
78 Feb.
Sale
8045 78
Commercial Credit s f 6s______ 1934 M N
Jan. 28
95% Jan.
97
14.000 95% Sale
96% Feb.
96 Feb.
96% Sale
96% Sale
Col trust 545 s Ser A ------------ 1935 J J
92 Jan. 17
3.000 90% 91
90% Jan.
92% 90% Feb.
91% Sale
9145 Feb.
9155
Oom’wealth Power 25-yr 6s---- 1947 M N
104% Jan.
56.000 10445 Sale 105
105% Feb. 24
Sale 104% Sale 104% Feb.
105% Feb.
Oomputing-Tab-Record s f 6s__1941 J J
24.000 104% Sale 105
96% Feb.
Sale 10545
105% Feb.
105 Feb.
96% Feb. 19
J
Conn Ry & Lt 1st g 445s--------- 1951
94% Jan.
1.000 94% 95
98% Feb. 1
100% Sale
96% Feb.
96% Feb.
9445
J
Stamped guar 445s-------------- 1951
98% Jan.
4.000 9445 Sale
101 % Feb. 23
98% Sale
98% Feb.
97
96
9545 Feb.
O
Consolidated Cigar s f 6s--------- 1936
78% Feb.
593.000 99% Sale 100
Sale 100% Sale
101% Feb.
99% Feb.
83% J an. 3
J
Sale 10045 Sale 100 % 10045 100 Feb.
75 Jan.
Consol Hydro-Elec 1st s f g 7s. .1956
56.000 106
101
Feb.
, 81% Feb. 9
D
Sale
Consol Coal M d 40-yr 5s----------1950
105% Feb. 9'1(6% Jan. 4
79.000 101
8 1 % Sale
8145 Feb.
78% Sale I 78% Feb.
A
Jan. 3
100 Jan. 7 101
Consol Gas (N Y ) deb 545 s----- 1945
182.000 8345 Sale
Sale 10555 Sale |105% Feb.
106
106 Feb.
A
C oot Paper & Bag Mills 645s— 1944
101% Feb. 9 102% Fep. 25
75% 76% 80
28.000 75
81% Feb.
76% Feb.
76% Sale
D
Feb. 17
Oonsum Gas Chic 1st gu g 5 s ..1936
102 Jan. 26 103
13.000 101%
101% Sale 10145 102% 101% Feb.
102% Feb.
Consumers Power 1st lien 5s— 1952 M N
99% Jan. 18 100 % Feb. 8
134.000 1024% Sale 102% Sale 10245 Sale 102% Feb.
103 Feb.
Jan. 10
Copenhagen Telep extl s f 6s— 1950 A O
3.000 9945 100
100% Feb. 8 101% Feb. 25 103
99% 100% 100% 101
100% Feb.
Corn Prod R ef 1st 25-yr s f 5s— 1934 M N
9.000 10145 1034s 102% Sale 1 0 1 % 102% 101% Feb.
102% Feb. 1 93% Jan. 3 96% Jan. 27
Crown Cork & Seal 1st s f 6s — 1942 F A
Jan. 7
101.000 93% Sale
Sale
96% Feb. 2 9945 Jan. 3 101
96 Feb.
96% Sale
9645
Crown Willamette P ap erlstsfg6 s’51 J J
Jan. 3 99% Feb. 1
66.000 9945 Sale
Sale
100 % Sale 1 0 0
10045 Feb. 3 95
99% Feb.
Jan. 17
Sale
Cuba Cane Sugar conv 7s-------- 1930 J J
65.000 95
99
Sale
99% Feb. 1 98% Jan. 3 102
Sale
98% Feb.
9945
Conv deb stamped 8 % --------1930i J J
183,000 98% Sale 101 % Sale 10045 Sale 100% Feb.
101% Feb. 1 107% Jan. 3 108% Feb. 11
Feb. 25 i 0 0 % Jan. 17
Cuban-Amer Sug 1st coll 8s— 1931 M S
38.000 10745 Sale 108% Sale 108% 108% 10745 Feb.
108% Feb. 11 99
Sale
Cuban Dom Sug 1st 745s------- 1944 M N
69.000 100
99 Feb.
10045 Feb. 14 100% Jan. 1 ? 102 % Jan. 7
99% Sale
9955 Sale
Jan. 6
Oumb T & T 1st & gen 5s------- 1937 J J
18.000 101% 102% 10145 10155 10155 Sale 10145 Feb.
102 Feb. 25 94% Jan. 6 95
Jan. 7
Cuyamel Fruit 1st s f 6s A ------1940 A O
5.000 9445 95% 94% 94% 94% Sale
95 Feb. 14 93% Jan. 5 81
94% Feb.
Davison Chemical deb g 645s..l931 J J
98 Jan. 4 9845 Feb. 1
1
21,000
94 Feb.
Sale
94% Sale
9845
Feb.
9545
Denver Gas & El 5s__________ 1951 M N
25.000 98% Sale
98 45 Feb. 11 98% Jan. 10 98% Feb. 11
98% 99
98 45 Feb.
9855 Sale
Stamped_______________________ M N
34.000 98% 99
99% Feb. 11 76% .Tan. 4 99% Feb. 11
98% 98% 98% Feb.
9845 Sale
Dery (D G) Corp 1st s f 7s------1942 M S
57.000 76% 77% 79
10145 Feb. 14 1 0 2 % Jan. 24
80 Feb.
Sale
Sale
79
7845 Feb.
Sale
Detroit Edison Co 1st 5s----------1933 J J
102% Feb. 5 103 45 Jan. 10
23.000 102
102% Feb.
1 0 1 % 102% 10145 Feb.
79
80
Sale
1st & ref 5s Series A ____July 1940 M S
102% Feb. 1 10445 Jan. 7
14.000 103
103% Feb.
102 % Sale 1 0 2 % Sale 102% Feb.
Gen & ref 5s series A ________ 1949 A O
94
Feb. 21 108% Jan. 24
46.000 102% 103
103% Feb.
Sale 10245 103 102% Feb.
10245
1st & ref 6s Series B ___ July 1940 M S
107% Jan. 3 103% Jan. 6
44.000 107% Sale 108% Sale 108
108% Feb.
Sale 107% Feb.
Gen & ref 5s Ser B -------------- 1955 J D
102% Jan. 26 95% Jan. 5
42.000 103% Sale 10245 Sale 103
103 Feb.
103% 102% Feb.
Jan. 5
95% 94% Sale
Det United 1st cons g 445s------1932 J J
93% Feb. 14 96
19.000 95
95 Feb.
93% Feb.
93
91
95% Sale
Dodge Bros s f deb 6s------------ 1941 M N
94
Feb. 21 8945 Jan. 6
94% Feb.
Sale
94
94
Feb.
94% Sale
Feb. 24
89% 91
Dold (Jacob) Pack 1st 6s--------- 1942 M N
87% Feb. 18 54
89 Feb,
87% Feb.
87% 88
89
895
Dominion Iron & Steel 5s_____ 1939i M S
48
50
48
Jan. 14 96 45 Jan. 13
84 Feb.
49% Feb.
50
53
5345 Sale
Feb. 19
Certificates o f deposit---------------49% Feb. 11 55
57!000
Feb.
55
49% Feb.
47
63
5245 56
96
97
Donner Steel 1st ref 20-year 7s. 1942 J J
95% Feb. 10 '06% •Tan. 3
Feb.
97
96% Sale
9545 Feb.
96
96%
Feb. 1
105
Jan. 18 106
du Pont ( E l ) Powder 445 s------1936 J D
106% Sale 106
106 Feb.
Sale 10555 Sale 105% Feb.
Duquesne Lt 1st & coll 6s Ser A 1949 J J
105% Sale 105
105% Feb. 4 105% Feb. 8
105% Feb.
105% 105% 105% 105% Feb.
1st coll tr 545s Ser B ________ 1949 J J
106 Jan.
108 Jan. 5
10745 107% 107% Sale 106
107 107 Feb. 15 108 Feb.
Eastern Cuba Sugar 7 45s--------- 1937 M S
95% Sale
94% Feb.
95% Jan. 3
9445 Feb. 11 9445 Feb.
94%
____
95
Ed El 111 Bkn 1st con g 4s------- 1939 J J
107
107% Jan. 18
106% Jan.
107% Feb.
1 0 8 % ____ 107% Feb.
107%
J
J
Ed El 111 N Y 1st cons g 5s------1995
99% .Tan. 29
Sale
Jan.
97
97
99% Feb.
98%
Feb.
98%
Sale
Sale
9945
Feb. 26
Elec Pow Corp (Germany) 645s 1950 M S
98
98% 99
100
98% Jan.
100 Feb.
99
Feb.
100
99% 99
Sale
Elkhorn Coal 1st & ref 645 s---- 1931 J D
Jan.
96
95
96% Feb.
96% Feb. 1
95% Feb.
95%
Sale
Sale
96%
Deb 7s notes (with war)------- 1931 J D
109% Feb. 1
105% Sale 109
105% Jan.
109% Feb.
107%
Feb.
Sale
107
45
Sale
Empire Gas & Fuel 1st & ref 7 45s '37 M N
1 12 % Feo. 9
Jan.
99% Sale 107% Sale 103% Sale 102% Feb.
98
112% Feb.
Feb. 4
1st & ref 645s (with war’nts).1941 A O
99% 1 1 0 % 99% 101
99% Jan.
101
101
Feb.
Feb.
1 0 0 % 10145 101
Equitable Gas 1st con 5s--------- 1932;M S
9 5 % •Tan.
96%
96
Feb.
96% Jan. 17
95% Feb.
95% Sale
Sale
96
Federal L & Tr 1st s f 5s--------- 1942 M S
Feb.
96 % Jan. 8
95% Sale
95
9545 Feb.
Feb.
95% 9545 94% 9545 95
103 % Jan. 31
Jan.
103% Sale 103% 10345 103% Sale 103% Feb.
First 1 s f ’s stamped________ 1942 M S
103
103% Feb.
Jan.
98% Feb. 25
1st lien s f 6s stmpd________ 1942 :M S
97% 98
97
98% Feb.
Sale
98
98% 97% Feb.
98
Jan. 14
30-year deb 6s ser B ------------ 1954 J D
Jan.
91
Sale
89
89
90% Feb.
89
Feb.
90
Sale
Sale
90
Feb. 28
Federated Metals conv 7s------- 1939) J D
104
92% Sale
92% Jan.
104 Feb.
95% Feb.
97% Sale 102% Sale
Jan. 4
.Tan.
Fiat sinking fund gold deb 7s__1946 J J
115
116%
1 116% 116% 115% 116
11545 Feb.
115% Sale 115% Feb.
Feb. 25
Without warrants_______________ 'J J
94
94 Feb.
91% Feb.
>
91% Feb.
93%
Sale
Jan. 29
Jan.
Fisk Rubber 1st s f 8s------------ 1941 M S
90%
87
%
Sale
90
Feb.
I 88
8
8
Feb.
8
8
89%
Sale
90
Ft Smith Lt & Traction 5s------1936 M S
105% Feb. 2
98% Jan.
105% Feb.
! 98% Sale 105% Sale 102% Sale 10145 Feb.
Frameric Ind & Dev 20-yr 745s 1942 J J
109% Feb. 15
106% Jan.
1,109% Feb.
106% 107% 108
108
Feb.
109%
109%
Sale
Francisco Sugar 20-yr 7 45s----- 1942 M N
100 % Jan. 31
9 4 % ■Tan.
| 94% Sale
97% Sale
9745 Feb. 24 99% Feb.
99% Sale
French Nat Mail SS Lines 7s. 1949 J D
102 % Feb.
1 0 2 % Feb. 8
102
103
_____ 10245 Feb. 5102% Feb.
102
10245
Gas & Elec (Bergen Co) 6s----- 1949 J g
106% Jan.
111% Feta. 28
108% 109% 108
Sale 110% Sale 107% Feb. 8 1 1 1 % F e b .
Feb. 11
Gen Asphalt conv s f 6s---------- 1939 A O
Jan.
92
91
9
92
Feb.
91
91 % 91
91
Feb.
92
93
General Elec deb g 3 45s---------- 1942 F
105% Jan. 25
103 Jan.
105% Feb.
103% Sale 10545 Sale 104% Sale 104% Feb.
119% Jan. 25
General Elec (Germany) 7s. .1945
113% Jan.
118% Feb.
. 114% Sale 117% Sale 114% Sale 114% Feb.
Feb. 2
Deb 645 s stock purch war— 1940
102
99% Jan.
102 Feb.
101 % 1 0 1 % Sale 101% Sale 101
101
Feb.
Jan. 18
102
Without warrants attach ed..l940
100 % Jan.
101% Feb.
Sale 101
101
Sale 100% Sale 100% Feb.
General Petroleum 1st s f os— 1940
103% Jan. 11
101 % Jan.
103% Feb.
102% Feb.
103
Sale 102% 103
103
103% .Tan. 27
Gen Refractories 1st 6s-----------1952
99% Jan.
103% Feb,
Feb.
9945 Sale 103% Sale 102% 103% 102
Good Hope Iron & Steel sec 7 s .1945
105% Jan.
107% Feb. 7
107% Feb.
1 106% Sale
106% Sale 10645 Sale 10645 Feb.
Jan. 3
122
Goodrich (B F) Co 1st 645 s ------1947
120 % Feb.
121% Feb.
1 1 2 1 % Sale I 12145 Sale 120 % 121% “ 0% Feb.
Goodyear Tire & Rub s f 8s------1941 M N
11045 Jan. 15
110% Feb.
110 % Jan.
110%
Feb.
1 1 0 % Sale
110%
Sale
Sale
1
1
0
%
10-year deb s f 8s--------- M ay 1931 F A
99% Jan.
100 % Jan. 18
100 Feb.
Sale
99% Feb.
1 100
99% Sale
99% Sale
Jan. 4
85
Gotham Silk Hosiery deb 6s— 1936 J D
83% Feb.
87 Feb.
83% Feb.
85
85% 84% 85
83% Sale
Gould Coupler 1st 15-yr sf 6 s..l9 4 0 F A
102
i 100
100 102
102
100
101
.Tan. 31
Granby Con M S & P 1st 6s— 1928 M N
101
Jan.
102
1 100
100
102
102
1
0
0
153% Feb. 14
Stamped------------------------------- - - - M N
Sale 128% Sale 147% Sale 127 Feb. 2 153% Feb. 24 127 Jan.
139
99% Jan. 11
Conv deb 7s------------------------ 1930 M N
Sale
99% Feb. 5 9945 Feb. 1 97% Feb.
98
99%
Sale
Sale
99
Gt Cons El Pow (Japan) 7s------ 1944 F A
) 103% 103 45 103% 104% 10345 104% 102% Feb. 11 106% Feb. 25 102% Feb. 11 106% Feb. 25
87% Jan. 20
Great Falls Power 1st s f 5s------1940 M N
2 87% Feb. 24 8 6 % Jan.
86
87% 87
87
8 8 % 8 6 % Feb.
Sale
Hackensack Water 1st 4s_____ 1952 J J
1 93 %
9 3 % ------93%
Hartford Street Ry 1st 4s------ 1930 M S
Feb. 28
Havana El Ry Lt & P 5s--------- 1954 M S
Feb. 28 95% Jan. 10 97
96% Feb. 23 97
Sale
j 94% 95% 96
96% 97
Havana Elec Ry cons g 5s------- 1952 F A
Feb.
9045 Jan. 18
Feb. 1 89
89
Feb. 4 90
Sale
Sale
) 90
89
Sale
90
.Tan. 10
102%
101%
Jan.
Deb 545s series o f 1926--------1951 M S
1 0 1 % Sale
1 0 2 % Sale 1 0 1 % Sale 101% Feb. 28 102% Feb. 7
Feb. 2
101
Hershey Chocolate 1st & coll 5% s’40 J J
Feb. 2 98 Jan.
99% Feb. 16 101
J 97% 9845 1 0 0 % 101
100)4 Sale
Feb. 28
91
%
Jan.
98%
Hoe (R) & Co 1st 645 s A --------- 1934 A O
98%
Feb.
28
96% Feb. 4
98% Sale
3 91% Sale
9645 Sale
Jan. 3
103
Holland Amer L 6s (Jlat) ----------1947 M N
10245 Feb. 25 10245 Feb.
10245
Feb.
25
103
103
1
0
2
%
10245
3
10245
Jan. 17
10245
102%
Jan.
Hudson County Gas 1st 5s------ 1949 M N
10245
Feb.
7
102%
Feb.
10
Sale
Sale
1
0
2
%
Sale
3 102 45
10245
Feb. 18
104%
102%
Jan.
Humble Oil & R ef 545s----------- 1932 J
3 103% Sale
10345 Sale 103% Sale 102% Feb. 7 104% Feb. 18 96% Feb.
98% Jan. 4
Illinois Bell Telep 1st & ref 5s A 1936 J D
97% Feb. 18
96%
Feb.
25
Sale
Sale
97%
3
97%
Sale
97%
Jan. 24
102
%
Illinois Steel deben 445s----------- 1940 A O
10045
Jan.
102%
Feb.
1
101%
Feb.
14
Sale 1 0 1 % Sale
3 1 0 0 % Sale
102
Jan. 5
98
Jan.
Ilseder Steel Corp s f g 7s--------1946 A O
Feb. 15 98
Feb. 15 98
98% 98
98% 98
3 98
98% 98
•Tan. 10
104%
Ind Nat Gas & Oil ref 5s--------- 1936 M N
103%
Feb.
104%
Feb.
1
103%
Feb.
2
Sale
Sale
Sale
10345
0 104
104
Feb. 17
103%
101
%
Jan.
Indiana Steel 1st 5s---------------- 1952 M N
Feb. 1 103% Feb. 17
0 1 0 1 % Sale
1 0 2 % Sale 1 0 2 % Sale 102
10145 Jan. 3
Inland Steel deb 545s---------------1945 M N
5 101% Feb. 2 10145 Feb.
Sale
1 0 1 % 101% Feb.
101
%
1
0
1
%
0
10145
1
0
1
%
Inspiration Copper 645s--------- 1931 M S
20
20
.1
8
20
Inter-Metropolitan coll 445s.-1956 A O
Jan.
79 45 Jan. 22
Feb. 25 77
7745 Feb. 16 79
Sale
78% Sale
0
78
78% Sale
79% Jan. 22
Interboro R T 1st & ref 5s------1966 J
Feb. 25 76% Jan.
77% Feb. 7 79
Sale
78% Sale
0 78
7845 Sale
82% Jan. 21
Stamped-------------------------- - - - - J
8045
Feb.
8045 Feb. 7 8245 Feb. 26
81% Sale
0
81% Sale
81% Sale
Jan. 19
99
10-year 6% notes---------------- 1932 A O
Jan.
98% FeD. 7 97
98
Feb.
28
Sale
Sale
98
Sale
98%
0
97%
Jan. 28
90
10-year 7% notes................... 1932 M S
88%
Feb.
8
8
%
Feb.
25
8
8
%
Feb.
25
8945
9245 83
89 45 8 8
0 90
.T„n. 10
83
Int Agrl Corp 1st & coll tr 5s__1932 M N
Feb.
82% Feb. 11 81
81
Feb.
18
82
77
82%
83
0
80%
81%
Feb. 2
99%
Stamped extended to _____ 1942 M N
9545
Jan.
99%
Feb.
2
98
%
Feb.
4
Sale
99
Sale
Sale
99
0 96
Jan. 28
Int Merc Marine 1st s f 6s--------1941 A O
99%
97
Feb.
97 Feb. 28 98% Feb. 1
Sale
97
9845 Sale
0 97% Sale
Intern Paper conv 5s Ser A ------ 1947! J J
102 % Jan. 29
9945 Jan.
0 99% Sale 1 0 2 % Sale 101% Sale 101% Feb. 18 102% Feb. 1 109
Feb. 21
110
%
R ef 6s ser A ---------------------------- 1955 MS
Feb.
110%
Feb.
211
109
Feb.
16
Sale
0 10945 Sale
109% Sale 10945
Internat T & T conv deb 545s .1945'M S




Interest
Period

BON DS
N. Y. STOCK EXCHANGE.

1

Sales in
February.
Par Value.

Price
Jan. 3
1927.

Bid.
Ask.
$
Italian Public Utility s f g 7 s .. 1952 J J
435,000 90% Sale
Jurgens Works 6 s (J la t)_____ 1947 J J
80,000 107% Sale
Kansas City Power & Lt 5s__ .1952 M 8
75,000 103 IS Sale
Kansas Gas & El 1st s f 6 s____ .1952 M H
53,000 105
105%
Kayser (Julius) & Co 7s______ .1942 F A
156,000 107% Sale
Keith Corp (B P) 1st ser g 6 s. .1946 M 8
13,000 98 V8 Sale
Kelly Springfield Tire 8 s ____ .1931 M N
355,000 104% Sale
93 % 93%
.1935 J J
2 1 ,0 0 0
Kings Co E L & Pow g 5s____ .1937 A O
3,000 103%
.1997 A O
1 1 ,0 0 0 124%
Sale
2 ,0 0 0
86
Kings Co Elevated 1st g 4s__ .1949 F A
42,000 86
Sale
Stamped guaranteed______ 1949 F A
6,000 101
.1954 J J
25,000 112%
.1954 J J
Sale
Kinney (G R) Co conv 7% s_. .1936 J D
42,000 104
70,000 102 Ys Sale
Kresge Foundation coll tr 6s - .1936 J D
Lackaw Steel 1st cons 5s Ser A .1950 M 8
47,000 99 Vs Sale
Laclede Gas L ref & ext 1st 5s. .1934 A O
11,000 100% Sale
Coll & ref 5% s Series C ____ 1953 F A
118,000 104 % Sale
Lehigh Coal & Nav 4 % s_____ 1954 J J
1,000 98% 100%
Lehigh Valley Coal 1st 5 s __ 1933 J J
2,000 101% 102
96% 97
.1933 J J
1934 F A
7,000 101
5,000 99% 100%
1st & ref s f g 5s___________ 1944 F A
8,000 99 %
.1954 F A
2,000 99% 100%
1st & ref 5s
______
1964 F A
1974 F A
2,000
.1993 M S
30,000 122
122%
Liggett & Myers Tobacco 7s . . 1944 A O
28,000 103 Vs Sale
5s . .
---- . __ .1951 F A
F A
2,000
Sale
559,000 104
Liquid Carbonic Corp 6s. _ _ 1941 F A
Loew’s Inc deb 6s with warr’ts .1947 A O 1,242,000 101% Sale
59,000
A O
77,000 116% 118%
Lorlllard (P) Co 7s__________ .1944 A O
114
A O
34,000 90 % 100 %
5s__________ ______ _______ .1951 F A
F A
1,000
95,000 995-13 100
Louisv Gas & El 1st & ref 5 s ._ 1952 M N
12,000 1 93 % 95%
Louisville Ry 1st cons 5s . _ .1930 .1 J
72,000 I 89Vs Sale
LowerAustrianHydro-Elec 6%sl944 F A
Manati Sugar l s t s f 7 % s _____ 1942 A O
Manhattan Ry (N Y) con g 4s .1990 A O
2d 4 s ____________________ 2013 J D
Manila El R y & Lt 1st 5s_____ .1953 M 8
Market St Ry 1st 7s_____Apr 1940 Q -J
Metropolitan Edison 1st 6s B_ .1952 F A
1st & ref 5s Series O _ . __ .1953 J J
Metropolitan Power 1st 6s A . .1953 J D
Met West Side Elev (Chicago) 4s ’38 F A
Mid-Continent Petrol 1st 614s 1940 M 8
Midvale St & Ord conv s f 5s .1936 M S
Milw El R y & Lt ref & ext 414s 1931 J J
General & refunding 5s A . . .1951 J li
1st & ref 5s ser B ._ _____ 1961 J D
.1927 M N
Montana Power 1st & ref 5s A .1943 J J
Mont Tram 1st & ref A 5s____ 1941 J J
General & refunding 5s A _ . .1955
Morris & Co 1st s f 4% s_____ .1939 J J
.1966 A O
10-20-year 5s series 3 _____ 1932 J J
Murray Body 1st 634s._ __ 1934 .1 1)
Mutual Fuel Gas 1st gu 5s__ .1947 MM
.1941 M N
Nassau Elec guar gold 4s____ .1951 J J
National Acme 1st 734s______ 1931 J D
National Dairy Prod 6% notes .1940 M N
Nat Enam & Stp 1st 20-yr 5s. .1929 J D
.1930 J J
National Tube 1st 5s________ 1952 M N
Newark Con Gas 5 s ________ .1948 J 1)
New England T & T 30-yr 5sA 1952 J D
1st g 434 s SeriesB .
_ . 1961 M N
New Orleans P 8 1st & ref 5s A 1952 A O
1st & ref 5s B _______ _____ 1952 J D
N Y Air Brake 1st conv 6s__ .1928 M N
N Y Dock 50-year gold 4 s __ .1951 F A
N Y Edison 1st & ref 634s__ .1941 A O
let lien & ref 5s B _ . .
1944 A O
Y Gas El Lt Ht & Pow 5s_ . 1948 .1 D
Purchase money coll tr g 4s 1949 F A
N Y L E & W Coal & RR 534s 1942 M N
1943 J J
.1930 F A
1Q42 J J
1942 A O
N Y Rys Corp Inc 6s______ Jan 1965 A p r
Prior lien 6s ser A ___ __ . . .1965 J J
N Y & Rich Gas 1st 6s A _____ .1952 M N
N Y State Rys 1st cons 4 34s. .1962IM N
1st con 6 34s ser B _______ _1962'M N
New York Steam 1st 6s
__ 1947 M N
N Y Tel 1st & gen s f 4 % s ... 1939 M N
30-year debenture 6s ____ 1949 F A
20-year refunding 6s g o ld .. 1941 A O
Niagara Falls Power 1st 5s _ .1932 J J
Refunding & gen 6s . -Jan 1932 A O
Niag Lock & Ont Pow 1st 5s A 1955 A O
No Amer Cement deb 634s A . .1940 M S
North Amer Edison Co 6s A . .1952 M a
.1948 M S
Sec s f g 6 34s series B_
Nor Ohio Trac & Lt gen & ref 6s 1947 M 8
North States Power 5s A . _ 1941 A O
1st & ref 6s series B ______ 1941 A O
Northwest Teleg 1st 4 3 4 s __ 1934 J J
Ohio Public Serv 1st & ref 7 34s.1946 A O
1st & ref 7s series B _______ 1947 F A
Ohio River Edison 1st 6s____ 1948 J J
Old Ben Coal 1st g 6s_______ 1944 F A
.1943 F A
Ontario Power N F 1st 5s
1945 M N
Otis Steel sec g 6s ser A . _ __ 1941 M 8
Pacific G & E gen & ref 5s . . 1942 J J
Pacific Pow & Lt 1st & ref 5s. .1930 F A
Pacific Tel & Tel 1st 5s______ 1937 J J
1952 W N
39-year 5s series A __
Pan-Am Pet & T Conv s f 6s. 1934 M N
.1930 F A
1st lien 7s
1Q40 J D
Paramount B’way 1st 534s. .1951 J J
Park-Lexington leasehold 634s 1953 .1 J
Paterson & Passaic G & E 5s_ .1949 M 8
1941 M S
1948 A O
Refunding gold 5s_________ "1947 M S
Phlla Company 1st & ref 6s__ 1944 F A
15-year conv deb 5% s_____ 1938 M 8
1973 J J
Pierce Arrow deb 8s_________ 1943 M 8
Pierce Oil Corp s f 8 s . __ __ 1931 J D
Pillsbury Flour Mills 20-yr 6s 1943 A O
1928 J J
Pocahontas Con Coll 1st s f 5s 1957 J J
Port Arthur Canal & Dock 6s. .1953 F A
1st mtge 6s Series B ._ . . .1953 F A
Portland Elec Pow 1st 6s ser B .19471M N




21

BONDS-STOCK EXCHANGE RECORD

Mar., 1927.]

80,000
173,000
2,000
2,000
110,000
•10,000
30,000
10,000
2,000
76,000
281,000
14,000
35,000
119,000
13,000
79,000
29,000
44,000
98,000
28,000
25,000
1,000
34,000
21,000
122,000
2,000
11,000
1,000
57,000
359,000
114,000
55,000
13,000
23,000
128,000
118,000
18,000
11,000

,104%
08%
57
93 %
97
107%
100%
105
76%
104%
97%
98%
99%
98
99%
101%
98%
98%
86%
81
96%
96%
101
101%
61%
1 0 %%
100%
101
99%
103%
102%
103
95%
95%
95%
101%
85%
115%
104
106
92%
101

9,000
23,000
1,000
17,000

1.

A sk. Bid.
Sale
94%
Sale 105%
Sale 103%
Sale 104%
107% 108
98% 98%
Sale 102
93
105 103%
125 125
84% 82
Sale
81
103%
116%
Sale 103
Sale 103
Sale
99%
Sale 101
Sale 104%
98% 97 %
102
101%
96%
101%
100% 99%
101
99%
100% 100%
99%

120%
102
99 V
108%
104%

122
120%
103% 103%
99%
Sale 107
Sale 103%

119

Sale

117%

Ask.
Sale
Sale
Sale
104%
108%
Sale
Sale
Sale
83%
83%
104%
Sale
99%
102%
104%
98%
102

Sale
Sale
60
95%
Sale
Sale
Sale
106%
Sale
Sale
Sale
Sale
100
Sale
Sale
Sale
98'%
Sale
86%

105%
70
62%
95%
97
108
100%
105%
78
105
98%
98%
99%
98%
99%
101%
99%
96
89%
81
97% 97
96% 97%
103
101%
101%
Sale
61%
Sale 100%
Sale 101%
102
101%
99%
101
104
103%
102%
103
103 %
Sale
96%
Sale
96
95%
96
102
101%
Sale
85%
Sale 115%
Sale 103%
Sale 106%
Sale
92%

Sale
Sale
63
96
Sale
Sale
Sale
Sale
78%
Sale
Sale
Sale
Sale
100
Sale
Sale
Sale
Sale
98
98
101%
Sale
101
Sale
101
Sale
103%
Sale
Sale
Sale
96%
101%
Sale
Sale
Sale
Sale
93

29
85
102%
54
71
105%
98%
110%
108%
101%
105
101%
94
104%
105%
96%
100%
104%
98
115
114%
105%
91
101%
100 %
93%
100%
100%
102%
101%
105
104%

10
Sale
85%
103
Sale
Sale
Sale
Sale
Sale
Sale
101%
105%
Sale
Sale
Sale
Sale
Sale
Sale
Sale
98%
Sale
115
Sale
Sale
Sale
100%
Sale
Sale
Sale
Sale
Sale
Sale
105

28%
84
102%
57%
78%
106%
98%
110%
108%
101
104%
100%
93
106%
105%
95%
100%
105%
97%
115%
115
106%
91
101%
100%
95
100
100%
102%
102%
105%
105%

8
9%
Sale
Sale
Sale
Sale
Sale
Sale
Sale
Sale
Sale
Sale
105
Sale
Sale
Sale
Sale
Sale
Sale
Sale
98%
Sale
Sale
Sale
Sale
Sale
Sale
Sale
Sale
102%
Sale
Sale
Sale

Sale 100% Sale
Sale
92
Sale
103% 102% 103%
Sale
Sale 100
113%
102% 102% Sale
Sale 103% Saxe
101% 101% Sale
101
101%
102
108% 106 Sale
100% 102
103
102% 104
104
92% 91% 92
Sale ,105
105%
104% Sale
Sale Il00% Sale

106%
69%
61
96
97%
108%
100%
105%
78
105
98%
98%
99%
98%
99%
102%
98%
99
89%
82
97%
97%
101%
101%
61%
99%
101%
101%
99%
103%
102%
103%
96%
95%
95
101%
85
115%
103 %
106%
92%
101%
101

28%
84%
103%
57
77%
105%
98%
110%
108%
101%
104%
100%
91%
106%
105%
96%
100%
105
97%
114
114%
106%
90%
101%
101%
93%
99%
100
101%
102
104%
105%
99%
99%
91
102%
100
113%
101%
103%
100%
100%
105
99
102%
99%
91%
102%
104%
101

Lowest.

RANGE SINCE JAN.

Sale Prices.
Sale Prices.
Feb. 23 96% Feb. 1
93
104% Feb. 17 106
Feb. 28
Feb. 3 105% Feb. 21
103
103% Feb. 3 105
Feb. 2
107% Feb. 3 108% Feb. 9
98% Feb. 18 99
Feb. 26
Feb. 21 105 Feb. 1
99
93
Feb. 23 93% Feb. 4
103% Feb. 11 103% Feb. 11
124% Feb. 9 1 25 Vo Feh 25
82% Feb. 9 83
Feb. 3
Feb. 17 83% Feb. 1
82
103
11 103% Feb. 15
11314 Feb. 4 117% Feb.
102 " Feb. 1 104% Feb. 19
102% Feb. 1 103% Feb. 18
99% Feb. 21 100% Feb. 8
100% Feb. 2 102% Feb. 24
104% Feb. 1 105
Feb. 1
97% Feb. 26 98% Feb. 1
101% Feb. 21 101% Feb. 2

Highest.

Sale Prices.
90% Jan. 8
104% Feb. 17
103
Feb. 3
103% Feb. 3
106% Jan. 4
98% Feb. 18
99
Feb. 21
93 Feb. 23
103% Jan. 11
124% Jan. 3
82% Feb. 9
82
Feb. 17

Sale Prices.
96% Feb. 1
109% Jan. 7
105% Feb. 21
105% Jan. 13
108% Feb. 9
99% Jan. 13
105% Jan. 20
4
103 % Jan. 11
125% Feb. 25
Jan. 3
86
Jan. 3
86
103% Feb. 15
117% Feb. 25
104% Feb. 19
103% Jan. 19
Jan. 26
101
102% Feb. 24
Jan. 3
105
98% Feb. 1
101% Jan. 13
Jan. 8
97
104
Feb. 18
100% Feb. 11
25
100% Feb. 8
24

112%
101
102
99%
100%
104%
97%
101%

Feb. 11 1041s
Feb. 14 100% Feb. 11 99%
14 100% Feb.
100% 100% Feb. 23 100% Feb. 8 99%
100% Feh 3 1 nnu
‘-f 100%
101
42
Sale 120
Feb. 4 121% Feb. 4 120
Sale 102% Feb. 9 103% Feb. 24 102%
101% Feb. 11 101 34 Ee.li 11 101%
Sale 106% Feb. 28 112
Feb. 14 104
Sale 103
Feb. 11 105% Feb. 23 101
7
97% Feb. 25 99
97%
118
117% Feb. 9 119
Feb. 1 117%

.Tan.
Jan.
Jan.
Feb.
Jan.
Jan.
Feb.
Jan.

6
25
4
21
29
19
26
20

Jan. 14

100

97%
97
99%
95%
92

Feb. 24
11
Feb. 5
Feb. 8
Feb. 16

99%
97%
100
96%
95%

107 105% Feb. 1 108
70% 68% Feb. 16 71
65
61% Feb. 23 62%
Sale
94% Feb. 5 96
Sale
96% Feb. 2 97%
Feb. 1 108%
108
Sale 100
Feb. 9 101
Sale 105% Feb. 2 106
79
78 Feb. 4 78
Sale 105 Feb. 1 105%
Sale
98% Feb. 2 98%
Sale
98% Feb. 19 98%
Sale
99% Feb. 1 99%
98% Feb. 1 98%
Sale
98%
10 100
Sale 101% Feb. 2 102%
99% 95% Feb. 4 99
Sale
96% Feb. 15 99%
Sale
89% Feb. 14 89%
98
97%
101%
103
Sale
99%
Sale
103%
101
103%
103%
Sale
Sale
Sale
95%
Sale
Sale
Sale
Sale

Feb. 18
Feb. 26
Feb. 1
Feb. 28
Feb. 1

Saie
Sale
103%
Sale
Sale
Sale
Sale
Sale
101
106%
100%
103%
92%
105%
102

Jan. 28 122% .Tan. 14
Feb. 9 103% Jan. 22
Feb. 11 101 M Feb. 11
Feb. 14
Jan. 3 1 12
Jan. 4 105% Feb. 23
Feb. 7
Feb. 25 99
Feb. 9 120 Jan. 25
Feb. 24 100% Jan. 28
Feb. 11 97% Jan. 24
Jan. 4 100% Jan. 7
Jan. 5 96% Feb. 28
Jan. 3 95% Jan. 29
Feb.
Jan.
Jan.
Jan.
Feb.
Feb.
Feb.
Feb.
Jan.
Feb.
Jan.
Jan.
Jan.
Jan.

16
20
31
11
5
25
25
V
21
14
7
13
7
18
12
14
li
15
4

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Feb.
Jan.
Feb.
Feb.
Feb.
Feb.
Jan.

3 108
5 71%
5 63
6 96
4 97*/
12 108%
5 101
17 106
4 80
4 105%
3 99
3 99
1 100%
3 100
10 100
2 102%
4 99%
15 100
5 89%

97% Feb. 15 97% Feb. 14 96%
Feb. 9 97% Feb. 19 96%
97
101% Feb. 4 101% Feb. 4 101%
101%
Feb. 9 61% Feb. 1 61 *
61
99% Feb. 25 101
Feb. 3 99%
100% Feb. 21 101% Feb. 1 100
101% Feb. 4 101% Feb. 4 101%

Jan.
Jan.
Feb.
Jan.
Jan.
Feb.
Jan.
Feb.

17
8
4
11
25
25
3
4

98 Jan. 25
9S Jan. 20
101% Feb. 4
11
62% Jan. 17
102 Jan. 5
102 Jan. 15
Jan. 7
102

103%
102%
103
95%
95%
95
100%
84%
115%
102%
106
92%

Feb.
Jan.
Jan.
Jan.
Feb.
Feb.
Feb.
Jan.
Feb.
Feb.
Jan.
Jan.

14
4
5
3
9
23
23
5
5
11
3
3

104%
103
104
96%
96%
96%
102%
85%
116
104
107%
93

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

14 103%
3 103
10 104
2 96%
9 96%
23 96
23 101%
9 85%
5 116
11 103%
10 107%
16 93

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

16
26
8
28
5
25
25
7
4
14
5
26
3
3
11
11
15
7
4

1
19
2
1
25
10
28
4
25
7
7
3

101% Jan.
101
Jan.

101%

Sale
Sale
Sale
102%
102%
Sale
105%

97%
97
99%
94
89%

Jan. 10
Jan. 24

104%
67%
60
93%
96%
105%
100
105%
76
104%
97%
98%
99%
98
98%
101%
95%
96%
86%

103%
102%
103
96%
95%
95
100%
85%
115%
102%
106%
92% 92%

9%
9%
29
Sale
Sale
57 %
Sale
Sale
Sale
Sale
Sale
101%
104%
Sale
93
Sale
Sale
Sale
Sale
Sale
98%
115%
115%
Sale
Sale
101%

-

Lowest.

Highest.

101
100% 100

99
100% 98
98%
97%
97%
Sale 100% Sale
100
95
95% 96% Sale
95% Sale
93% Sale

101%
Sale i 101
103
1
67

98
93
102%
99%
113%
102'
103%
100%
101
108
101%
102%
99%
91%
105
104%
101%

Feb 28.

Bid.
95 Vs
105
103%
104%
107%
98%
103%
93%
103%
124%
82
83 ]/2
102%
113%
102
102%
100
100%
104%
98%
101%
96%
101
99%
99%
100%
100%

101
5,000
375,000
14,000
4,000
81,000
51,000
48,000
123,000
52,000
158,000
20,000
17,000
49,000
104,000
104,000
61,000
82,000
111,000
14,000
1,000
5,000
23,000
33,000
44,000
5,000
2,000
87,000
121,000
47,000
17,000
44,000
377,000
13,000
122,000
109,000
58,000
1,000
167,000
12,000
2,000
77,000
56,000
19,000
43,000
67,000
11,000

PRICES IN FEBRUARY.
Feb

63
26%
83%
102%
56 %
77
105%
98%
110%
108%
101
104%
100%
90
105%
105%
95%
100
104%
98%
114%
114%
106%
90%
101
101%
93%
99%
100
101%
101%
104%
104%
99%
99
91
102%
99%
113%
101%
103%
100%
100%
105%
100%
102%
99 %
91%
104%
104%
100%

Feb. 14 63

Feb. 14

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

Feb.
Feb.
Feb.
Feb.
Keb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Fob.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

29%
84%
103%
58%
23 80%
21,106%
1 99%
19 111%
8 108%
1 101%
1 105
7 100%
11 93
4 106%
15 105%
1 97 %
8 101
3 106
2 98*/,
18 116
1 115%
1 106%
25 91%
15 101%
24 101 %
21 95
7 100%
11 101 %
15 102%
15 102%
26 106
21 105%
18 100%
10 100%
26 92%
19 102%
28 100%
14 113%
25 102%
28 104
28 102
8 101%
18 106%
5 101%
18 102%
28 99%
9 92%
8 105%
1 104%
1 101%
10
1
1
3

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

25
28
28
4
b
8
26
8
4
17
7
1
1
18
1
8
19
10
2
1
2
28
II)
1
24
1
2
5
2
4
4
1
10
1
11
19
4
3
1
3
11
2
2
4
11
28
11
26
8
25

Jan.
•Tan.
Jan.
Feb.

Jan.
Feb.
Feb.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Feb.
Jan.

11
19
2
17
18
19
12
3
4
3
V
27

8
3 101 % Jan.

8
7

Feb. 14 63

Feb. 14

26%
83%
102
53%
71
105%
98%
110%
108%
100%
104%
100%
90
104%
105%
95%
100
104%
98
114%
114
105%
90%
101

Feb.
Feb.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Feb.
Jan.
Feb.
Feb.
Feb.
Jan.
Jan.
Jan.
Feb.
Feo.
Jan.
Jan.
Jan.
Jan.
Feb.
Feb.

10
1
18
3
3
3
3
3
8
31
1
7
11
6
5
4
8
3
4
5
14
3
25
15

Jan.
Jan.
Feb.
Jan.
Jan.
Jan.
Jan.
FeD.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Feb.
Jan.
Jan.
Feb.
Feb.
Feb.
Feb.
Jan.
Jan.

93%
99%
99%
101%
101%
104%
104%
99%
98
90%
102%
99%
113%
101%
103%
100%
100
104%
100%
102%
99%
91%
104%
104%
100%

Jan.
Feb.
Jan.
Feb.
Feb.
Jan.
Jan.
Feb.
Jan.
Jan.
Feb.
Jan.
Feb.
Feb.
Jan.
Jan.
Jan.
Jan.
Feb.
Jan.
Feb.
Feb.
Feb.
Jan.
Jan.

3
7
7
15
15
3
4
18
3
7
19
3
14
25
11
4
6
14
5
13
28
9
8
14
11

63

30%
85%
103%
59%
82
106%
99%
111%
109
101%
105%
101%
95%
106%
106%
97%
101%
105%
98%
116
115%
106%
91%
102
101%
96%
100%
101 %
102%
103
106
105%
100%
100%
93%
102%
101
113%
102%
104%
102
102
107%
103%
103%
99%
92%
105%
104%
102

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Feb.
Jan.
Jan.
Feb.
Jan.
1 eb.
Jan.
Jan.
Feb.
Jan.
Jan.
Jan.
•Tan.
Feb
Jan.
Jan.
Jan.
Jan.

6
4
28
26
26
16
22
8
24
14
13
3
17
29
14
8
J1
4
2
1
2
28
17
25
24
19
3
17
18
11
31
17
10
18
10
19
14
3
13
4
11
2/
6
11
20
28
7
14
25
22

Ti

[Y ol. 124.

BONDte—STOCK EXCHANGE RECORD
BONDS

N. Y . STOCK EXCH ANGE.

Sales in
February.
Par Value.

Portland Gen Elec 1st 5s_____1935 J J
Portland R y 1st & ref 5s______ 1930 M N
Portland R y, L & P conv 5s__ 1942 F A
1st lien & ref 6s series B ____1947 M N
1st & ref 754s series A ______ 1946 M N
Pressed Steel Car 10-year 5s__ 1933 J J
Prod & Ref 8s with warrants..1931
Without warrants
Pub Serv Corp N J sec g 6s__ 1944
Public Serv E & G 1st 5 54 s____1959
1st & ref 544s.............
1964
Public Service Elec Lt s f g 6s._1948 A O
Punta Alegre Sugar 1st conv 7s .1937 J J
Rand Kardex Bureau 544s____ 1931 J J
Without stock purchase warrants
Remington Arms 1st s f 6s___ 1937 M N
Republic Iron & Steel s f 5s__ 1940 A O
R ef & gen 544s A ___________1953 J J
Rheinelbe Union 7s with war. .1946 J J
Without stock purch war____1946 J J
Rhlne-Main-Danube deb 7sser A '50 M S
Rhine-West ElecPower 7s_____1950 M N
Rlma Steel 1st 7s____________ 1955 F A
Robbins & Myers 1st s f 7s____1942 J D
Rochester Gas & El 7s ser B ..19 46 M S
Gen Mtge 544s series O _____1948 M S
Roch & Pitts C & I pur mon 5 s .1946 M N
Rogers-Brown Iron 7s________ 1942 M N
Stamped_______________________ M N
St Joseph R y, L H & P 1st 5s. .1937 M N
8t Joseph Stock Yards 1st 4448-1930 J J
8t L Rky M t & Pac 5s stamped.1955 J J
8t Paul City Ry Cable 5s____ 1937 J J
San Antonio Public Serv 6s__ 1952 J J
Baron Pub Wks CGermanyi 7S.1945 F A
Gen ref guar serial gold 644s_1951 M N
Schulco Co guar 644 s_________ 1946 J J
Guar sinking fund 644 s B
1946 A O
Sharon Steel Hoop 1st 8s_____1941 |M 8
Sheffield Farms 1st & ref 644S-1942 A O
Sierra & San Fran Power 1st 5s. 19491F A
Silesia-Elec Corp gold 644s____1946 F A
Silesian-Am Corp col tr g 7s___1941 F A
Simms Petroleum cons 6s_____1929 M N
Sinclair Cons Oil 1st lien 7s__ 1937 M S
1st lien 6s C with warrants. .1927 J D
1st lien coll 644s B _________ 1938 J D
Sinclair Crude Oil Purch 6s A . .1928 F A
3-year 6% notes B _.F eb. 15 1926 F A
Sinclair Pipe Line 20-year 5 s ..1942 A O
Smith (A 6 ) Corp 1st 644s____1933 M N
So Porto Rico Sugar s f 7 s ___1941 J D
South Bell T & T 1st s f 5s____1941 J
Southern Colorado Power 1st g 6s’47 J
Southw Bell Telep 1st & ref 5s. 1954 F A
Spring Valley Water g 5s_____1943 M N
Standard Milling 1st 5s_______ 1930 M N
1st & refunding 544 s_______ 1945
Stand Oil (N J) deb g 5s.D ec 15 ’46 F
Stevens Hotel 1st 6s ser A _____1945 J
Sugar Estates Oriente 7s_____1942 M S
Superior Oil 1st s f 7s________ 1929 FA15
Syracuse Lighting Co 1st g 5s. 1951 J D
Tenn Coal. Iron & RR gen 5 s ..1951 J
Tenn Copper & Chem deb 6s ser A ’41 A. O
Tenn Elec Power 1st & ref 6s_.1947 J D
Third Ave 1st ref 4 s __________1960 J
Adjustment income 5s_Jan 1960 A
Third Ave RR 1st gold 5s_____1937 J
Toho Elec Power (Ltd) 7s Ser A 1955
6% notes__________________ 1929 J " j
Tokyo Electric Light (Ltd) 6s. 1928
Toledo Edison 1st g 7s_______ 1941 M S
Toledo Tr, L & P 544% notes.,1930 J
Trenton Gas & Elec 1st 5s____1949 M
Trumbull Steel 1st s f 6s______1940 M N
Twenty-third St Ry imp & ref 5s '62 J
Tyrol Hydro-Elec Power 744s.1955
TJjigawa Elec Power 7s_______ 1945 m" s
tJndergr’d o f London 444 s_____ 1933 J
Income 6s__________________ 1948 J
Union El L & P 1st g 5s_______ 1932 M
Refunding 5s_______________ 1933 H N
1st gold 544s series A _______ 1954 J
Union Elev R y Chic 1st 5s____1945 A O
Union Oil Cal 1st 1 5s__________1931 J
30-yr6s Ser A _________ M ay 1942 F A
First lien s f 5s Ser C Feb 1 ..1935 A
United Drug g 6s_____________ 1944 A O
United Fuel Gas 1st s f 6s_____1936 J
United Rys St L 1st g 4s_____ 1934 J J
United Steamship 15-yr 6s____ 1937 M N
United Stores Realty 6s_______ 1942 A O
U S Rubber 1st & ref 5s Ser A . 1947 J J
J J
Registered______________
10-year 7 44s_______________ 1930 F A
U S Steel Oorp s f g 5s___Apr 1963 M N
Registered_____________________
Universal Pipe & Rad deb 6 s ..1936
Utah Light & Trac 1st & ref 5s.l944
Utah Power & Lt 1st 5s_______ 1944
Utica Elec Lt & Pr 1st 5s_____ 1950
Utica G & El ref & ext 5s_____1957
Vertientes Sugar 1st s f 7s____1942
Victor Fuel 1st s f 5s__________1953
Va-Car Chem 1st 7s___________1947
Stp’d as to pay’ t of 40 % 1st 7sl947
Certificates of deposit asstd
Ctfs of deposit stamped____
Va Iron, Coal & Coke 1st g 5s_1949 M
Virginia R y & Pow 1st 5s_____1934 J
Walworth Co 6 44sser A (with war)’35 A O
1st s f 6s ser A _____________ 1945 A O
Warner Sugar Ref 1st 7 s ._____ 1941 J D
Warner Sugar Corp 1st 7s_____ 1939 J J
Wash Wat Pow 1st 30-yr 5s__ 1939 J J
Westchester Light gold 5s_____ 1950 J D
West Ky Coal 1st 7s_________ 1944 M N
West Penn Pow 1st 5s Ser A __ 1946 M S
1st 5s Series E ______________ 1963 M S
1st g 544s Ser F _____________ 1953 A O
1st secured 5s series G ______ 1956 J D
West Va Coal & Coke 1st 6 s ..1950 J J
Western Electric deb 5s_______ 1944 A O
West Un Coll tr cur 5s________ 1938 J J
Fund & real est 444 s g ______ 1950 M N
15-year 6 44s g ______________ 1936 F A
5s__________________________ 1951 J D
Westinghouse E & M 5s______ 1946 M N
Westphalia Un El Pow 644s__ 1950 M S
Wheeling SteelCorp 1st 544s___ 1948 J J
White Sewing Machine deb 6s_ 1936 J J
WIckwire-Spencer Steel 1st 7s .1935 J J
Wickwire Sp Steel Co 7s..Jan 1935 M N
Willys-Overland 1st s f g ______ 1933 M S
Wilson & Co 1st s f 6s-------------1941 A O
Winchester Rep Arms 7 44®____1941 A O
Youngs'n Sheet & Tube 6s------1943 J J
a On the basis of $5 to the £ sterling,




Price
Jan. 3
1927.

Bid.
Ask.
4.000 100 54 10044
7.000 9444 9544
19.000 9144 Sale
12.000 100
10154
22,000 10644 10641
75,000 9444 96
11144
4.000 11034 I l l
150.000 104
Sale
15.000 105
106
30.000 105
Sale
43.000 10644 Sale
56.000 111
Sale
10.000 135
145
46.000
Sale
54.000 96
80.000 10144
70.000 9954 Sale
Sale
166.000 120
291.000 9944 Sale
109.000 102 44 Sale
Sale
13.000 101
31.000 9354 94
59.000 56
67
25.000 111M 11144
30.000 10544
1.000
9244
2,000 9044
52
50
13.000 50
55
13.000 9544 9644
18.000 97 34
59.000 7534 76
8,000 9554 95 H
22.000 10654 1063-4
117.000 10144 Sale
14.000
59.000 9944 100 h
71.000 100
Sale
32.000 107 44 Sale
3.000 108 Sale
16.000 95
9534
S

8.000

162.000

99

Sale

202,000 10144 Sale

450.000 9734 Sale
323.000 10044 Sale
525.000 9244 Sale
228.000 100)4 Sale
291.000
9.000
36.000
29.000
54.000
114.000

PRICES IN FEBRUARY.
Feb. 1.
Bid.
Ask.
10034 102
9544 Sale
Sale
94
10044 Sale
107
10744
9534 Sale
112
11044
10434 Sale
105 54 Sale
10544 Sale
1044s Sale
11034 Sale
Sale
157
10034 Sale
9544 Sale
1004-4 103
9934 Sale
1253-4 Sale
10234 Sale
10444 Sale
104 44 10444
9634 Sale
61
60
112
11244
10534 106
9244 Sale
5134
50
9654 9754
97 34
7844 Sale
9544 Sale
10544 107
10344 Sale
10034
100
10834
10734
9644
10034
10334
10134
10144
10134
10034

Feb. 28.

Lowest.

RANGE SINCE JAN . 1.
Highest.

Bid.
Ask. Sale Prices.
Sale Prices.
100 Feb. 11 10034 Feb. 19
10034 101
9544 9544 95 Feb. 2 9534 Feb. 10
F eb. 1
9334 9334 9344 Feb. 4 94
101
10134 10044 Feb. 1 10144 Feb. 25
10744 108
10634 Feb. 14 10744 Feb. 9
96 Sale
9444 Feb. 7 96 Feb. 1
113 _____
Feb. 7
11034 111
11034 Feb.
111
10434 Sale 10434 Feb.
10544 Feb. 4
10434 Sale 10434 Feb.
10544 Feb. 7
105 Sale 105 Feb.
10534 Feb. 3
10734 Sale 10744 Feb.
107 34 Feb. 28
10934 11044 10834 Feb.
11054 Feb. 1
153 160
15044 Feb.
165 Feb. 9
101
Sale 100 Feb.
Feb. 28
101
9634 Sale
9544 Feb.
97 Feb. 25
10044 103
10044 Feb.
101 Feb. 14
10044 Sale
9944 Feb.
10054 Feb. 28
12044 12144 12044 Feb.
12644 Feb. 4
10044 101
10034 Feb.
10234 Feb. 1
103 44 10334 10244 Feb.
104 44 Feb. 1
10344 Sale 10234 Feb.
104 34 Feb. 4
Feb. 24
9544 Feb.
9644 97
97
64 Sale
60 Feb.
65 Feb. 24
11144 11144 11144 Feb.
11244 Feb. 2
10544 Sale 105 Feb.
10534 Feb. 2
90
9244 9244 Feb.
9244 Feb. 1
4744 Sale
4634 Feb.
4734 Feb. 16
45 Sale
Feb. 8
47 Feb.
47
96 Sale
9554 Feb.
9744 Feb. 11
9734 ------- 9734 Feb.
9734 Feb. 11
8144 Sale
7744 Feb.
8144 Feb. 26
9544 ------- 9544 Feb.
9534 Feb. 17
10644 10744 10544 Feb.
10744 Feb. 18
10214 103 10214 Feb.
10234 Feb. 4
9944 Sale
98J4 Feb.
9944 Feb. 25
Sale
9944 Sale
9944 Feb.
10044 Feb. 21
Sale 10044 Sale
9944 Feb.
10034 Feb. 5
10844 9934 9934 10844 Feb.
10844 Feb. 25
108 10844 109
107 44 Feb.
108 44 Feb. 9
Sale
9544 Sale
95
Feb.
96 44 Feb. 1
97
9734 97 Feb.
9744 Feb. 25
Sale 10034 Sale 10044 Feb.
Feb. 1
101
Sale 10344 Sale 10334 Feb.
105 Feb. 15
Sale 10144 Sale 10144 Feb. 28 10234 Feb. 2
Sale 10044 Sale 10044 Feb.
102 44 Feb. 5
Sale 10044 Sale 10044 Feb.
102 44 Feb. 2
Sale 10034 Sale 10034 Feb.
10044 Feb. 4

9434 Sale
10 1 34 102 44
10744 Sale
10234 103 44
10144 Sale
103
Sale
100 10044
106
_____
103
Sale
10234 Sale
100 Sale
9944 Sale
10144------102 44 _____

Lowest.

Highest.

Sale Prices.
100 Feb. 11
9444 Jan. 26
9134 Jan. 3
10044 Jan. 5
10644 Jan. 4
9444 Feb. 7

Sale Prices.
101 Jan. 14
97 Jan. 13
94
Feb. 1
10144 Jan. 25
10744 Feb. 9
9644 Jan. 20

11044 Jan.
103 34 Jan.
10434 Feb.
105 Jan.
10634 Jan.
10834 Feb.
13044 Jan.
100 Feb.
9544 Feb.
10044 Feb.
98% Jan.
11844 Jan.
9944 Jan.
102 Jan.
10134 Jan.
93 34 Jan.
60 Jan.
11144 Jan.
105
Feb.
9244 Feb.
4634 Feb.
47
Feb.
9554 Jan.
9734 Jan.
75 54 Jan.
95 44 Jan.
10544 Jan.
101 44 Jan.
9844 Feb.
9944 Feb.
9944 Feb.
107 54 Jan.
10744 Jan.
95 Jan.
97
Feb.
9834 Jan.
10144 Jan.
9734 Jan.
10044 Jan.
9244 Jan.
10034 Jan.

11144 Jan.
10544 Jan.
106 Jan.
105 44- Jan.
10734 Feb.
11144 Jan.
Feb.
165
Feb.
101
Jan.
96
10134 Jan.
10034 Feb.
126 44 Feb.
104 44 Jan.
10444 Jan.
105 Jan.
98 Jan.
Feb.
65
11244 Jan.
106 44 Jan.
9244 Feb.
494-s Jan.
50
■Tan.
9744 Feb.
9734 Jan.
8144 Feb.
9534 Feb.
107 34 Jan.
104 Jan.
9944 Feb.
10144 Jan.
10154 Jan.
108K Jan.
10844 Feb.
96 44 Jan.
9744 Feb.
10154 Jan.
Feb.
- 105
3 102 3-8 Feb.
~ 10244 Feb.
10234 Jan.
Jan.
101

14
18
11
7
28
6
9
28
3
6
28
4
31
28
19
24
24
31
19
1
13
13
11
15
26
17
21
15
25
25
11
21
9
22
25
11
15
2
5
25
4

9544 Sale
9444 Feb.
9534 Feb.
92 44 Jan.
9534 Feb. 2
102 Feb.
10134 10134 10134 Feb.
102 34 Jan. 12
10134 Feb.
Feb.
10744 Sale 107
108 Feb.
107 Feb.
109 Jan. 3
10244 Sale 10244 Feb.
103 Feb.
10244 Feb.
10344 Jan. 14
10154 10134 10034 Feb.
10134 Feb.
102 Jan. 17
10044 Jan.
103 Sale 10234 Feb.
10334 Feb.
10234 Feb.
103 44 Jan. 3
2.000
100 10034 100 Feb.
100 Feb.
Feb. 17
100 Feb.
100
17.000
102 Feb.
10044 10034 100 Feb.
Feb. 14
100 Jan.
102
16.000
10344 Feb.
10034 10244 102 34 Feb.
10234 Jan.
10334 Jan. 5
687.000
102 Sale 10134 Feb.
10234 Feb.
10134 Jan.
10234 Jan. 25
49,000
9944 Sale
100 Feb.
9944 Feb.
99 Jan.
10044 Jan. 26
113.000
97
Sale
9944 Feb.
9944 Feb.
9944 Jan.
10044 Jan. 22
101
Sale 101 Feb.
101 Feb.
100 Jan.
101 44 Jan. 26
10344 ___
102 34 Jan. 19
10234 Jan.
1,000
103
104 Feb. 15 10544 Feb.
104 Jan.
10534 Jan. 17
21,000
100
10034 10054 Sale 100 Feb. 3 10044 Feb.
101 44 •Tan. 11
100 Jan.
81,000
10534 Sale 10534 Sale 10534 Feb. 1 10544 Feb.
10544 Jan.
105 44 Feb. 4
6534 Sale
6554 Sale
6544 Feb. 1 6644 Feb.
63 Jan.
6644 Jan. 29
299.000
64
Sale
6354 Sale
63 54 Feb. 4 6434 Feb.
62)4 Jan.
6544 Jan. 12
196.000
Feb. 8 9844 Feb,
98)4 Sale
9744 9834 98
97 Jan.
98 44 Jan. 26
286.000
99
Sale
9954 Sale
98 Feb. 7 9934 Feb.
9734 Jan.
9934 Feb. 25
122,000
Sale
Feb. 1 9944 Feb,
98
9844 Sale
98
98 Jan.
99 44 Feo. 24
228,000
9854 Sale
9954 Sale
9844 Feb. 5 9944 Feb.
9844 Jan.
9944 Feb. 1
39.000
Sale 10844 Sale 107 54 Feb. 1 10844 Feb.
108
10734 Jan.
10834 Jan. 13
99.000
9934 Sale
99 44 Sale
9954 Feb. 11 9944 Feb.
9834 Jan.
9934 Jan. 27
1023s - - - *
10234
98,000
9834 Sale
9844 Sale
98 Feb. 11 99 Feb.
9744 Jan.
9944 Jan. 19
65
69
59 44 66
67
Jan.
67 Jan. 3
31.000
10034 Sale 10044 101
99 Jan.
10134 Feb.
10044 Feb.
10134 Feb. 5
86.000
Feb.
9944 Sale
99
9944 99
9944 Feb.
100
Jan. 8
9834 Jan.
12,000
96
_____ 95 44 97 44 9534 Feb.
96 Feb.
96
Feb. 15
9534 Feb.
9734 ------- 97 54
11,000
10144 102 10244
102 Feb.
10134 Feb.
102 Jan. 21
10144 Jan.
27.000
10144 Sale 102 34
10144 Feb.
10244 Feb.
101 54 Jan.
10244 Feb. 25
58.000
10134 102
10144 Feb.
10234 Feb.
10244
10134 Jan.
10234 Feb. 25
5.000
83 44 Sale
83
Jan.
8344 Feb.
8244 8344 83 Feb.
8434 Jan. 13
6.000
Jan. 14
10144 102
10144 Sale 10154 Feb.
102
101 54 Jan.
10134 Feb.
20.000
109 Feb.
Feb. 11
10834 109 10844 109
10844 Feb.
109
10844 Feb.
58.000
9834 Sale
9944 Sale
9834 Feb.
9944 Feb.
9834 Feb.
99)4 Jan. 18
104.000
107
Sale 107 Sale 10644 Feb.
1074s Feb.
106)4 Feb.
10744 Jan. 7
34.000
1025-4 Jan.
10344 103 44 10334 104 10344 Feb.
10444 Feb.
10454 Feb. 18
1,000
Sale
76 Feb.
77 Feb.
Jan. 7
7644 7734 76
76
Feo.
77
21.000
9244 Feb.
9244 93
9144 92 3 9144 Feb.
90
Jan.
9344 Jan. 11
13.000
105
Sale 10434 Sale 10434 Feb.
10544 Feb.
10434 Jan.
1055s Feb. 18
410.000
95 Feb.
9644 Sale
9534 Sale
9644 Feb.
94 34 Jan.
9654 Jan. 14
1,000
9434 Feb.
9434 Feb.
9434 Feb.
9434 Feb. 7
73.000 106
Sale 10644 Sale 106 Sale 106 Feb. _..10634 Feb.
106
Jan.
10634 Feb. 17
3 6 6 .0 0 0 107) Sale
Feb. 4
10734 Sale 1064s Sale 10644 Feb. 28; 108 Feb.
10644 Feb.
108
15.000
10644 Feb. 14 10644 Feb.
106)4 Jan.
106 7-4 Jan. 25
92.000
8954 Sale
8934 Sale
8744 Feb.
8934 Feb.
87 44 Feb.
8934 Jan. 28
147.000 93 34 Sale
94
Sale
94 44 Sale
Jan. 20
9454 Feb,
9334 Feb.
9334 Jan.
95
89.000 9834 Sale
98
Sale
9844 Sale
9734 Feb.
9844 Feb,
9734 Feb.
99 44 Jan. 15
____ 10244___
102 44 ____ 103
3.000 10234 Sale 10234 103
10244 Sale 10244 Feb. 10 10234 Feb.
10244 Feb.
102)4 Jan. 28
114,000 100 Sale
100 Jan. 3
9934 Sale
9934 Sale
9834 Feb. 11 9944 Feb.
9834 Feb.
6.000 9944 100
5744 6244 5744 6744 5734 Feb. 14 5734 Feb.
5734 Feb. 14
5644 Jan.
107
____
107
110
10744 Jan. 19
107)4 Jan.
8,000 107
10734 Jan. 11
Feb. 21 10744 Feb.
____
107
____ 107
107 Feb.
1,000 107
____
107
____ 10744 Feb. 23110744 Feb.
10744 Feb.
10754 Feo. 23
107
____
107 ____
2,000 9444 ___
9444 ___
9444 ____
9434 Feb. 2 9434 Feb.
9434 Jan.
94 34 Jan. 5
65.000 99)4 Sale
Feb. 14
9944 Sale
9934 Sale
9934 Feb. 8 100 Feb.
100
9834 Jan.
37.000 93
94
Feb. 23
92 Jan.
93
93 44 9444 9444 93 Feb. 5| 95 Feb.
95
59,000j 95
95
Sale
95
Sale
994
95 Feb. 1 9544 Feb.
93 44 Jan.
9554 Jan. 11
644.000 91 J4 Sale 10344 Sale 10534 Sale 10234 Feb. 4l 106 Feb.
Feb. 19
106
9134 Jan.
526.000 80
Sale
9244 Sale
92 34 Sale
8844 Feb. 19! 9234 Feb.
7844 Jan.
9334 Jan. 22
1,000 10234 10344 10234 Sale 10234 10344 10234 Feb. 1 10234 Feb.
10234 Jan.
10234 Jan. 10
4,000 10234 Sale
____ 102 34 Feb. 9; 103 Feb.
10234 ____ 103
10234 Jan.
103 44 Jan. 28
39.000 10234 ___
Sale 10144 Feb. 2 10134 Feb.
Jan. 17
102
10134 101) 102
10144 Jan.
17.000 10014 Sale
101
Sale 10034 Sale 10044 Feb. 2 101
Feb.
10154 Jan. 19
10044 Jan.
38.000 10034 Sale 101
10144 10034 Sale 10044 Feb. 17jl013C Feb.
10044 Jan.
10144 Feb. 2
13.000 10514___
105
Sale 105
____ 105 Feb. 9;10554 Feb.
105 Jan.
10544 Jan. 4
69.000 10044 Sale 10044 Sale 10044 Sale 100 Feb. 3110044 Feb.
100
Feb.
10144 Jan. 18
38.000 79
Jan. 8
81
79
Sale
79
Sale
79
Feb. 2l 80 Feb.
79
Jan.
_ 80
89.000 10134 102
10244 Sale 10134 Sale 10144 Feb. 10 102 44 Feb.
10144 Feb. 10 103 Jan. 14
52.000 10144 Sale
10444 10444 Feb. 4|10534 Feb.
10154 Jan. 3110544 Feb. 17
103 34 ____ 102
38.000 9844 99
. 99
99 Feb. 2j 9954 Feb.
99
9934
9844 Jan. 7 9934 Jan. 14
49.000 111 54 11134 111 34 Sale 11144 Sale 11144 Feb. 24 11244 Feb.
11144 Feb. 24 112)4 Feb. 8
205,000:
10144 Sale 10144 Feb. 18 10144 Feb.
10144 Feb. 18 1015-4 Feb. 10
331,000,
Feb. 8 10244 Feb.
10244 Sale 10144 Sale 101
101
Feb. 8 102 34 Jan. 10
215,000; 9634 Sale
98
Sale
99
Sale
97 54 Feb. Ill 99 Feb.
9634 Jan.
99 54 Jan. 31
155.000 97
Sale
9844 Sale
9734 Feb. Ill 9844 Feb.
9844 Sale
9634 Jan.
9834 Jan. 27
175,000; 9734 Sale
99
Sale 10144 Sale
97H Jan.
98 44 Feb. 17,10144 Feb.
10144 Feb. 28
Feb. 18
13.000 5144 Sale
58
56
58
50 44 Sale
5034 Feb.
50 44 Feb. 1 58 Feb.
Feb. 17
268,000! 44
45
47
Sale
40
Feb. l! 52 Feb.
52
3944 Jan.
4054 Sale
34.000 10134 102
102
Sale 10244 Sale 102 Feb. 3 10244 Feb.
10134 Jan. _ 10254 Feb. 18
127.000 10134 Sale 10244 Sale 102
Sale 102 Feb. 17 102 44 Feb.
10144 Jan. 3 102 54 Feb. 11
26,000! 10444 Sale 10544 Sale 106
Sale 106 Feb. 4 10644 Feb.
10452 Jan. 3406 54 Feb. 4
336,000! 104 Sale 10434 Sale 10444 Sale 104 Feb. 28 10434 Feb.
10334 Jan. 3 104 34 Feb. 15
c First installment paid, d Full paid, e Part paid, s Optional sale, i Bonds “ when issued.”

210,000

9244 Sale
10134___
109 Sale
03
1033-4
10044 Sale
103 44 Sale
9944 10044
1003-4 ___
10254----10144 Sale
100
Sale
99
99 44
100
___
102 44 ___
103 4s 105
100 Sale
1054s Sale
6554 Sale
63 44 Sale
97 54 Sale
9744 Sale
9844 Sale
9844 Sale
10854 Sale
98 34 99
10244 103
9844 Sale
67
Sale
9944 Sale
99
Sale
98 34 99
9644 ___
10144 102
101 44 101 4
10244 Sale
8244 83
101 44 101 34
10734 10844
9944 Sale
10644 107 54
103
Sale
77
7734
Sale
90
101 10434
Sale
95




STOCKS—STOCK EXCHANGE RECORD
CES AND SALES FOR FEBRUARY AND RANGE FOR YEi
b a rule o f th e S to c k E x c h a n g e , e ffe c t iv e O c t . i 3 1915. all s t o c k s are n o w q u o t e d d o lla rs
lo ts .
E x ce p tio n s o f s t o c k s w h ich sell o n ly In a sm all w a y are n o t e d b y th e le tte r a .
O ptii

SALES TO MAR. 1.
In
February.

Since
Jan. 1.

Shares.

Shares.

240
10
20
2 0 6 ,7 0 0
5,400
50,800
2 9 ,5 0 0
162 ,9 0 0
4 ,7 0 0
6 0 ,9 0 0
830
5 2 ,0 0 0
2 ,0 0 0
1,300
20
200
260
104 ,1 0 0
10
160
680
4 ,6 0 0
115 ,1 0 0
200
1 0 6 ,4 0 0
9 7 ,8 0 0
9 ,8 0 0
2 7 ,7 0 0
7 2 4 ,4 0 0
2 7 3 ,4 0 0
200
2 6 5 ,2 0 0
168 ,800
1 4 3 ,5 0 0
8 3 ,4 0 0
2 1 1 ,4 0 0
900
3 7 9 ,7 0 0
3 ,9 0 0
9,0 0 0
150
100
430
160
150
3 ,3 0 0
400
100
19,200
5 5 ,3 0 0
108 ,3 0 0
4 1 ,2 0 0
4 ,5 0 0
1,200
3 3 4 ,8 0 0
1 35 ,200
19,800
158 ,100
4 2 ,6 0 0
50
123 ,5 0 0
3 ,1 0 0
1,200
730
8 6 ,9 0 0
300
3 3 ,3 0 0
1,800
120
750
5 1 ,500
100
390
5 ,5 2 0
3 0 0 ,8 0 0
1,100
8 5 ,3 0 0
15,8 0 0
900
2 5 ,6 0 0
200
400
1,3 0 0
8 2 ,4 0 0
6 ,0 0 0
10,000
1,300
290
2 6 1 ,5 0 0
2 3 ,5 0 0
6 7 7 ,8 0 0
1 92 ,400
110
1,400
5 ,6 0 0
890
4 3 6 ,3 0 0
13,9 0 0
3 ,8 0 0
150
1 ,5 2 2 ,2 0 0
2 4 0 ,4 0 0
1,700
70
200
400
3 1 ,1 0 0
1 01 ,000
500
1 87 ,600
4 ,1 0 0
200
300
2 1 4 ,5 0 0
5 1 ,0 0 0
3 5 ,9 0 0
1,3 0 0
1,4 0 0
10
4 4 ,5 0 0
4 2 5 .8 0 0
2 ,4 0 0
6 ,7 0 0
8 ,9 0 0
2 3 2 ,4 0 0
1,8 0 0
4 1 ,5 0 0
2 ,5 0 0
188 ,7 0 0
4 7 ,8 0 0

440
10
20
594 ,000
13,800
6 2 ,300
56,600
3 1 4 ,5 0 0
8,700
93,700
2,1 5 5
56,8 5 0
3 ,3 0 0
1,812
20
200
400
130,275,
30
190
680
6,8 0 0
3 09 ,900
300
148,100
140,400
11,200
3 4 ,400
7 6 3 ,5 0 0
368 ,300
210
2 9 1 ,5 0 0
190,900
2 8 0 ,4 0 0
112,600
3 0 1 ,2 0 0
2 ,2 0 0
550 ,1 0 0
8,6 0 0
14,600
260
400
535
30C
190
6,6 0 0
1,700
1,100
20,9 0 0
70,400
122 ,800
72,100
6 ,4 0 0
3 ,3 0 0
4 01 ,500
2 7 9 ,7 0 0
34,000
3 2 5 ,2 0 0
115,800
50
188,300
5 ,9 0 0
4 ,0 0 0
3 ,0 3 0
114,200
1,800
4 3 ,6 0 0
2 ,6 0 0
130
2,3 6 0
8 0 ,200
400
390
5,6 7 0
3 79 ,500
3 ,2 0 0
2 2 8 ,0 0 0
2 2 ,600
1,400
3 8 ,800
300
400
2 ,3 0 0
300
108,400
8,2 0 0
11,400
2 ,2 0 0
1,585
343 ,3 0 0
5 6 ,700
855 ,300
320 ,9 0 0
200
2 ,0 0 0
7 ,2 0 0
1,390
691 ,700
27,2 0 0
8,900
180
30
2 ,0 5 7 ,9 0 0
3 40 ,100
5,8 0 0
120
1,500
600
36,900
123,300|
1,500;
341,200;
4 ,1 0 0
230
500
3 09 ,500
64,000
54,200
2,7 0 0
10,700
351
89,600;
609 ,400 ,
3,600|
10,300,
13,000!
323 ,200 !
4 ,5 0 0
52,400,
5,3 0 0 ;
243 ,900 !
64,5001

Price
Jan. 3
1927.

Bid.

4414 48
Sale
171
Sale
101
Vs Sale
Sale
205
] 07J4 Sale
7 3 )4 Sale
4514 Sale
102
103
Sale
68
87 Vi 8S14
81
101
41
4 8 )4
4014 42
16714 Sale
59 )4 60
285
295
16214 Sale
414
554
714
7 )4
30
31
Sale
44
9
814
2414 Sale
914
914
19
1814
80
12414
6914
102
9514
248
100
52
110
71
84
70
65
7014
17214
14414

Sale
Sale
Sale
Sale
Sale
Sale
Sale
10314
Sale
275
180
58

2 14
4
3914
53
4914
80
1914

Sale
72
70
Sale
Sale
Sale
Sale
3
6
Sale
Sale
Sale
Sale
Sale

3634
104
3034
95
4054
78
123
121
7854
74
47 Vs
1814

37
106
Sale
96
Sale
SO
Sale
125
81
76
Sale
24

41 Vs

i
1 34
4314 Sale
6 5 ! 4 6614
100)4 Sale
130)4 Sale
8814 92
49 J4 52
4 Vs
514
24
26
43V? 4 4 )4
14
13
1
1%
26
49
3314
9634
38 ‘A
9154
80
4 )4
114
121
14314
189)4
103
175
103
43 54
2414
15
97
13
33
37 M
15914
S6
78
15
50
30
57
19
115
9314
8 8 )4
151
133 )4
96
41
44
43
102 )4
96
62 74
7534
37
4 1 )4

Feb. 1.

Ask. Bid.

11614 118

27
53
Sale
Sale
Sale
Sale
81 34

5H

2
126
Sale
Sale
Sale
1S2
Sale
Sale
Sale

1.

PRICES IN FEBRUARY.

118
209
4414
16454
100 M
34
18814
10914
74

51M
10614
6854
87 14
80
97
41
171
59
85
99
285
15514
152
654
10
30
4554
10
2614
6914
1014
1014
1954
1914
8054
130
75
10554
9654
265
10314
60
111
74
9014
73
68
7 1 14
173
141
49
214
4
4314
5654
5114
86
23
83
4314
106
26
9354
4314
7754
123
124
79
7654
4414
1834
6214
134
4414
66
11854
131
82
4954
4 34
20
43
12
214
__ .
29
49
61
3454
98
42
95
80
414
2
12314
14014
189
104
172
10354
48
27
1314
95
1654
37
3754
158
84
8254
15
49
35

24
38
Sale
Sale
Sale
Sale
20
70
50
Sale
57 Vs
21
22
11714 12114
9434
9514
90
9154
14814
Sale
13114
Sale
9854
Sale
41
45
4414
49
52
Sale
10314
96
9754
Sale
64
79
7714
Sale
36
Sale
40

Feb 2 8 .

Ask. Bid.
Sale
215
48
Sale
Sale
Sale
Sale
Sale
Sale
Sale
Sale
Sale
Sale
83
103
48 34
42
Sale
60
98 K
100
300
Sale

Ask.

11934
213
4534
17034
101

121
222
47
Sale
Sale

193 34
11434
76
5634
106
68 34
88
8934
10034
41 34
45
18034
59
85
100
295
15634

Sale
Sale
Sale
Sale
107
Sale
Sale
Sale
106
48
50
Sale
60

734
1034
35
4934
1634
2834
70
1434
14 V,
22 34
2 1 V,
85 34
128
81 '/,
10631
97 34
275
101
61
125
7434 73
Sale
92
72
75
69
73
Sale
73 V,
174
181
14134 15034
Sale
56
5
4
7
6
Sale
46 34
Sale
5634
52 Vs
52
Sale
88 34
Sale
2134
87 34 82
Sale
48 34
107
107 34
28
25
9654 94 34
Sale
54
81
80
Sale 12834
126
128
81
79 34
Sale
7634
46
4934
2634 25
64 54 64
3
234
Sale
51 34
67
67
Sale 11834
Sale 13534
85 54 88
Sale
54
6
5
26
18
42 34
44
12
15
Sale
234

Sale
11
Sale
Sale
Sale
Sale

Sale
Sale
32
Sale
Sale
Sale
75
Sale
Sale
Sale
Sale
Sale
Sale
Sale
Sale
Sale
305
Sale
Sale

32
52
62
Sale
Sale
Sale
Sale
81
o
Sale
12534
Sale
Sale
Sale
177

35
54 34
61
41V ,
9934
5134
101
8034
4
2
130
144
192
10234
172
10434
Sale
56
Sale
3034
15
1434
99
21
18
38
41
3934 4334
Sale 169
85
8434
Sale
8834
IS
18
52
50
45
34
Sale
58 34
Sale
30
Sale 122
Sale
93
Sale
90
151
1483-4
Sale 136
Sale 10934
Sale
41 34
Sale
48 34
53 34 58
Sale 11.334
9634 97 34
65
6934
Sale
82 34
Sale
39
41
41

103
Sale
Sale

Sale
Sale
Sale
Sale
Sale
13234
Sale
Sale
Sale
305
104
Sale
Sale
Sale
Sale
75
72
Sale
Sale
Sale
Sale
434
7
Sale
Sale
Sale
Sale
Sale
85
Sale
10834
Sale
Sale
Sale
83
Sale
Sale
7934
7734
Sale
2634
6534
334
Sale
6734
Sale
Sale
90
Sale
534
26
4234
14
Sale
37
Sale
62
Sale
Sale
Sale
Sale
8234
534
234
Sale
Sale
Sale
10 3 )4
175
107
Sale
Sale
Sale
22
45
Sale
Sale
Sale
Sale
25
55
39
Sale
Sale
Sale
9334
91
Sale
Sale
Sale
42
49
Sale
Sale
Sale
Sale
Sale
Sale
Sale

Lowest.

H ig h e s t .

Sale Prices.

Sale Prices.

Feb.
118
Feb.
220
F eb.
46
163 34 F e b .
F eb.
100
Vs F e b .
18234 F e b .
F eb.
109
F eb.
74
F eb.
51
Feb.
106
6534 F e b .
8 7 )4 F e b .
82
Feb.
103
Feb.
4834 F e b l
Feb.
41
1 6 9 )4 F e b .
5934 F e b .
85
Feb.
9 8 )4 F e b .
Feb.
290
15234 F e b .

1
11
18
2
15
5
8
1
1
9
18
7
14
3
9
9
11
2
2
2
4
3
8

122
220
46
1 6 2 )4
10134
134
196
1 1 5 )4
77
6 0 )4
109
7034
88
90
103
50
45
1 9 2 )4
5934
85 34
100
3 0 4 )4
162

F eb.
Feb.
F eb.
Feb.
Fep
F eb.
F eb.
Feb.
Feb.
Feb.
Feb.
Feb.
F eb.
Feb.
Feb.
F eb.
F eb.
Feb.
Feb.
F eh.
F eb.
F eb.
Feb.

10
11
18
18
24
2
18
18
16
8
8
25
23
28
9
9
21
28
2
19
8
9
18

6 34
10
32
4534
10
25
74
1034
10
19 V,
19M
79-3f
130
73 Vs
10534
9 6 )4
290
103 34
60
113
73
89
74
70 34
6 9 )4
174
141 )4
49
4
6
4234
5 5 )4
51
8434
21
80
4 3 )4
107
25
9 3 )4
4334
8034
122
122
79
75 V,
4 3 )4
25
63
234
4 4 )4
6614
117 34
131

1 1 0 )4
1 13 V,
2 37 V,
1 5 1 )4
1 2234
21 33 34
10 74
1 1 7 )4
1 16
2 25
2 23 V
5 87 V,
1 13434
8 8 2 )4
17 10 6 )4
1 98
23 3C2
1 10334
1 66
14 125
28 75
7| 92
9 74 Vs
17 7 0 )4
7 74 34
2 1 8 5 )4
2,15434
1 5 8 )4
2
5 )4
2
734
9 4 7 )4
10 5 9 )4
15 5434
8 9 1 )4
15 23 34
16 83
1 5434
2 10 8 )4
23 26
18 94 34
3 5634
7 82
7 12 9 )4
4 12834
11 7 9 )4
5 77
8 5 2 )4
26 25
23 65 34
2
634
1 53 34
10 68
24 126
1 139
7 90
11 54 34
2
5
10 20
7 43

Feb.
F eb.
Feb.
Feb.
Feb.
Feb.
Feb.
F eb.
Feb.
F eb.
Feb.
Feb.
Feb.
Feb.
Feb.
F eb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
F eb.
Feb.
F eb.
Feb.
Feb.
Feb.
F eb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
F eb.
F eb.
F eb.
Feb.
Feb.
Feb.
Feb.
F eb.
F eb.
F eb.
F eb.
F eb.
F eb.
F eb.
F eb.
F eb.
F eb.
Feb.
F eb.
F eb.

9
8
8
9
9
8
10
9
16
9
16
18
3!
28|
3
21
16
1
2
24
11
17
15
17
25
18
16
17
7
7
19
19
19
19
3
3
7
21
14
28
24
21
18
18
15
17
26
26
9
3
18
17
18
18
11
28
21
4
2

Feb.
Feb.
F eb.
F eb.
F eb.
F eb.
Feb.
Feb.
Feb.
Feb.
F eb.
Feb.
Feb.
Feb.
F eb.
Feb.
F eb.

2
3
4
8
14
18
28
17
18
18
3
2
9
18
21
4
18

85 Vs

4 9 )4
434
18
4 1 )4
2 )4
1
30
52
6 0 )4

34 Vs
9 7 )4
42
95
80
5
1)4
126
139
188
102 )4
172

Feb.
F eb.
F eb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
F eb.
Feb.
Feb.
Feb.
Feb.
F eb.
Feb.
Feb.
Feb.
F eb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
F eb.
Feb.
Feb.
Feb.
F eb.
Feb.
F eb.
F eb.
F eb.
F eb.
F eb.
F eb.
F eb.
F eb.
F eb.
F eb.
F eb.
F eb.
F eb.
F eb.
Febl
Feb.
Feb.
F eb.

Feb.
1
Feb. 8
F eb. 2
F eb. 2
F eb. 8
F eb.
1
Feb. 8
Feb.
1
Feb.
1
F eb. 4
F eb. 2
Feb.
1
Feb. 4
F eb.
1
Feb. 8
F eb . 26
Feb. 7

47 Vs F e b .

27
12)4
95
18
37 34
39
15 7 )4
84

82 Vs

15)4
54
37
57 34
22
118
93
90
14 8 )4
13 1 )4
9 7 )4
41
43 34
53
102 )4
9634
65
78
35 Vo
3 9 )4

Feb.
Feb.
Feb.
Feb.
Feb.
F eb.
F eb.
F eb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
F eb.
Feb.
Feb.
F eb.
Feb.
F eb.
Feb.
F eb.
F eb.
F eb.
F eb.
F eb.
F eb.
F eb.

1
1
11
21
10
2
2
1
3
1
3
2
16
9
1
21
24
17
28
1
1
1
1
2
1
2
2
11
1
15

434
2V
40
5 8 )4
6234
44
9934
5 5 )4
10434
8 1 )4
5 )4
2 )4
138
1 4 7 )4
1 9 7 Vs
1 0 4 )4
179

58 Vs F e b . 16
3 4 )4
14)4
96
22
43
47 H
173 )4
8 4 )4
9 1 )4
2 7 )4
62
3834
6 1 )4
3 3 )4
126
9 5 )4
92
14834
148
113
4234
50
59 )4
11434
9734
72 V,
83 34
4 1 )4
4 3 )4

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
F eb.
Feb.
F eb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
F eb.
Feb.
Feb.
F eb.
Feb.
Feb.
Feb.
Feb.
F eb.
Feb.
Feb.
Feb.
Feb.

18
26
19
3
19
7
18
28
18
15;
14|
15i
18
141
2
3
31
28|

81

9;
16:
16
8;
28!
25;
17!
28!
171
41 I

s.
10

11

18
18
24
2
3
18
16
8

8

20
4
28
9
9

21

28
8

10
8

9

5

22
9
8

8

9
9
8

10
9
16
9
16
18
3
28
3
21

16
24
2

24
11
15
15
15
25
18
16
17

21

7
19
19
19
19
3
3
7

21

3
17
24
21

18
18
15
17
26
15
9
3
18
17
18
18

11

28

21

4
7
24
2

3
4
8

13
18
28
17
18
18
3
2

9
18

21

27
18
31
16
18
14
24
3
19
7
18
3
18
15
14
15
18
14
2

11

31
4
8

9
16
16
8

28
15
17
28
17
4




STOCKS—STOCK EXCHANGE RECORD
SALES

TO

In

M AR.

F eb ru a ry.

S in c e
J a n . 1.

S h a r es .

S h a r es .

1 53 ,900
8 1 ,0 0 0
5,6 0 0
2 0 0 ,0 0 0
7 ,0 0 0
1,4 5 0
40
9 6 ,0 0 0
3 ,9 0 0
20
50
1 ,7 7 3 ,6 0 0
2 0 1 ,7 0 0
2 ,8 0 0
1 ,2 3 9 ,8 0 0
162 ,000
5 1 ,900
6,1 0 0
7 2 ,5 0 0
8 2 ,7 0 0
6 ,2 0 0
1,500
550
3 ,5 0 0
18,900
16,300
7 2 ,1 0 0
181 ,800
10,700
15,000
100
8 200
10
2 7 5 ,3 0 0
2 ,1 0 0
3 4 ,0 0 0
200
7 4 ,2 0 0
2 ,0 0 0
9 5 ,2 0 0
2 0 ,5 0 0
2 7 ,6 0 0
8 ,2 0 0
160
2 ,2 2 0
800
17,4 0 0
4 ,5 0 0
2 2 ,8 0 0
1,900
3 3 2 ,8 0 0
2 ,0 0 0
3 2 ,2 0 0
900
3 0 ,9 0 0
16,940
9 ,8 0 0
1,200
200
15,200
11,800
3 8 ,1 0 0
2 ,8 0 0
5 ,6 0 0
2 ,3 0 0
2 6 ,3 0 0
1 7 ,8 0 0
1,100
5 6 ,2 0 0
13,8 0 0
100
2 6 ,6 0 0
13,200
8 1 ,3 0 0
1,100
6 ,3 0 0
130
5 ,8 0 0

1

P R IC E S I N
P rice
Jan. 3
A sk.

2 4 3 ,1 0 0 1 1 0 % Sale
189,200 127
Sale
14.900
9 4 % Sale
245 ,0 0 0
Sale
55
20,5 0 0
Sale
39
2 .2 5 0
Sale
62
100
150 .700 1 6 1 % Sale
11,000
80
81
240
9 7 % 100
515
98 Vs
1,9 7 8 .4 0 0
42
Sale
253 ,3 0 0
Sale
76
3.9 0 0
60
68
2 ,0 8 4 .6 0 0
14
Sale
2 7 6 ,7 0 0
2 3 % Sale
67,3 0 0
Sale
28
15.800
7 3 % Sale
9 78 ,400
2 7 % Sale
278 ,900
4 7 % Sale
8.100
5,5 0 0
550
10,300
2 5 .6 0 0
23,2 0 0
86.6 0 0
310 ,7 0 0
18,000
17,500
100
400
10 300
70
577 ,800
4,4 0 0
4 5 ,5 0 0
3,300
81,4 0 0
2,3 0 0
189 ,700
2 5 ,500
4 1 ,1 0 0
2 8 ,8 0 0
630
5,820
1,500
33,600
6,700
200
41,1 0 0
3,3 0 0
5 53 ,000
4,9 0 0

3 ,8 0 0
3 0 ,600
10,800
60
400
5 ,0 0 0
2 1 ,2 0 0

4 7 ,2 0 0
1,600
3 8 ,600
22,740
10,700
1,400
200
151 ,300
16,800
87,4 0 0
7,500
8,0 0 0
6,400
6 6 ,2 0 0
2 6 ,3 0 0
3,8 0 0
88,4 0 0
61,2 0 0
1,000
4 5 ,2 0 0
19,300
111,200
4 ,2 0 0
14,700
230
15,200
800
3,930
6 7 ,0 0 0
2 2 ,800
80
1,500
6,5 0 0
2 4 ,9 0 0

4 ,3 0 0
140
3 5 4 ,3 0 0
900
3 ,1 0 0
800
2 7 ,6 0 0
525
2 6 ,5 0 0
2 ,7 0 0
7 3 ,0 0 0
700
3 2 ,1 0 0
1 0 ,300
1 7 ,800
3 ,8 0 0
6 ,4 0 0
430
7 9 ,6 0 0
900
10
4 9 ,5 0 0
2 4 ,1 0 0
1,400
13,000
2 2 ,2 0 0
6 5 ,1 0 0
1,200
160
4 ,0 0 0
2 7 ,2 0 0
9 ,4 0 0
500
2 ,0 0 0
10,3 0 0
200
1,000
4 4 ,8 0 0
400
400
600
11,700
2 ,0 0 0
4 2 ,5 0 0
600
600
660
1,000

12,200
150
5 42 ,100
5,300
5,300
1,855
47,0 0 0
1,525
51,200
5,1 0 0
129 ,800
1,500
8 3 ,5 0 0
17,400
39,600
8,100
12,800
960
139 ,100
3,9 0 0
210
108 ,700
36,4 0 0
2,400
27,9 0 0
42,3 0 0
123 ,500
3,700
340
8,6 0 0
51,000
25,9 0 0
2,000
10,400
12,000
200
1,800
70,5 0 0
1,300
400
1,400
2 7 ,9 0 0
4,200
80,800
2,400
2 ,3 0 0
1,095
1,500

108
123
94%
56
39
64
99
162%
81%
98%
99%
45%
79%
73
28%
31
30%
75%
63%
65%

Sale
Sale
Sale
Sale
39%
65
102
Sale
Sale
100
100%
Sale
Sale
75
Sale
Sale
Sale
Sale
Sale
Sale

Sale
107%
121%
94%
56
38%
61%
101
161%
80
98%
100%
45%
79%
73
24%
28
30%
74
56
65%

P rices.
Sale
F eb.
1 112
F eb.
8 126%
F e b . 11 9 5 %
F eb.
1 67%
F e b . 24 41
F e b . 25 6 5 %
F e b . 2 101
F eb.
1 172
F e b . 21 8 2 %
F eb.
7 98%
F e b . 3 101
F eb.
1 75%
Feb.
1 95
F eb.
9 86
F e b . 21 4 4 %
F eb. 9 4 2 %
F eb. 2 3 9 %
F e b . 15 7 6 %
F e b . 15 130
F eb.
1 93

Sale
87
85
6 4 % 67
69
1 11 % Sale
Sale
137
136
139
1 0 % 1 3 % Sale
3 6 % Sale
Sale
148
Sale
138
Sale
1 1 % Sale
4 % Sale
4%
2 % Sale
23
25
25
98
103
171
Sale
49
53
53
Sale
4 0 % Sale
121 % 1 2 0 % 1 2 1 %
9 4 % Sale
Sale
109%
111
Sale
19% Sale
Sale
103
107
Sale
3 5 % Sale
1 2 % Sale
Sale
Sale
4 1 % Sale
4 6 % Sale
Sale
58
Sale
58
2 4 % Sale
25
56
Sale
60
Sale
17% Sale
Sale
1 4 1 % 145
122
1 1 9 % 115
Sale
3 6 % Sale
Sale
9 4 % 98
Sale
5 0 % Sale
1 2 8 % 1 2 8 % 129

83%
65
110%
133%
10%
31%
137%
10%
4%
1%
23

F e b . 7 90
F eb.
F eb. 7 67% F eb.
5 112% Feb.
Feb.
F e b . 16 139
Feb.
2 15% F eb.
F eb.
2 41
F eb.
F eb.
F e b . 3 151
F eb.
F eb. 5 1 2 % F eb .
F e b . 16
4 % F eb.
Feb. 7
2 % F eb.
F e b . 19 23
F eb.

21
3
8
25
9
9
25
1
24
18
19

139%
53
131%
1 20 %
89%
109
17 %
103%
34
11%
39
46%
56%
23%
55%
13%
137
117 %
34%
95%
45%
127

F eb.
F eb.
F eb.
F eb.
F eb.
F eb.
Feb.
F eb.
F eb.
Feb.
Feb.
F eb.
F eb.
Feb.
F eb.
Feb.
F eb.
Feb.
F eb.
h’e b .
Feb.
Feb.

16 172
24 53
9 141 %
10 122
4 95%
9 109%
1 24%
21 108
23 3 7 %
2 1 14%
23 4 9 %
48%
7 5 8 14
8 25%
25 57
5 18%
9 147
7 1 17 %
4 38
4 98
1 50%
14 129

25
24
IS
16
19
11
11
1
7
14
10
2
25
21
2
28
25
7
7
1
28
11

Sale
1 0 6 % Sale
Sale 128
129%
Sale
Sale
30
Sale
4 3 % 44
Sale
3 7 % 44
85
86%
90
91 % Sale
Sale
1 0 % Sale
Sale 1 3 5 % Sale
Sale
2 0 % Sale
8 8 % 88
Sale
8 % Sale
9%
Sale
5 0 % Sale
Sale
3 3 % Sale
Sale 129
Sale
Sale
85
86%
Sale
Sale
39
Sale
8 % Sale
89
92
86
Sale
Sale
26
Sale
6 0 % 62
Sale
1 1 2 % Sale
Sale 1 2 0 % 1 2 2 %
Sale
83
80
Sale 136
145
Sale
42
Sale
112
108% n o
Sale 104
104%
Sale
5 9 % Sale
Sale
1 1 6 % Sale
1 3 4 % 1 3 3 % Sale
94
93
91
Sale
40
50
Sale
5 3 % Sale

100%
127 %
26%
37 %
37 %
90
91
10
130%
18%
86%
8%
49%
31
116%
85
37%
8%
88%
20%
54
106%
119%
78
130%
41%

F eb.
F eb.
Feb.
F eb.
F eb.
h'eb.
Feb.
Feb.
F eb.
Feb.
F eb.
F eb.
F eb.
F eb.
F eb.
F eb.
Feb.
F eb.
F eb.
F eb.
F eb.
F eb.
F eb.
F eb.
F eb.
F eb.

1 1 0 7 % F e b . 28
10 1 2 9 % F e b . 8
5 3 0 % F e b . 28
1 4 4 % F e b . 15
3 44
F e b . 28
4 92
F e b . 25
16 92
h’eb . 17
7 10% Feb. 5
1 138
F e b . 26
17 21 % F e b . 11
15 8 8 % F e b . 4
3 10% F eb. 8
1 5 2 % F eb. 8
1 33 % F e b . 28
10 129
F e b . 28
10 86
F e b . 25
1 4 0 % F eb. 8
8 % F e b . 21
1
17 8 8 % F e b . 17
4 2 9 % F e b . 11
5 65
F e b . 11
8 1 1 3 % F e b . 28
23 1 2 0 % F e b . 11
F e b . 21
15 86
F e b . 25
1 148
9 4 3 % F e b . 17

101%
55%
11 1 %
133%
92
44%
50

104%
F eb.
F e b . 18 60
F e b . 10 1 1 7 %
F eb.
133%
F eb.
94
F eb.
60%
F eb.
54

Sale
99%
Sale
122
124
97%
Sale
114
Sale
Sale
Sale
29
Sale
Sale
Sale
Sale
Sale
Sale
Sale
108

4%
80
138%
120%
122%
96
44%
113%
81
108%
43 %
28
152%
120%
119%
110%
131
107%
64
105
103%
21%
69 M
1
8%
46%
45
41
106%
95%
14
7%
85%
22%
49%
113
22%
39%
101
107%
49%
36
36

5%
84%
1 51 %
122
129%
4 99%
46%
5 115
1 86%

125
9%
32%
136%
9%
5%

126
Sale
Sale
Sale
Sale
Sale

99
145
50
136
129%
89%
110
16%

Sale

23
98

53
Sale
129%
Sale
1 10 %
Sale

32%
13%
47
41%
54%
24
60%
16%
1 36 %
117%
38%
96%
49%
128

Sale
13%
Sale
42%
57%
Sale
Sale
Sale
Sale
118%
Sale
97%
Sale
1 29 %

49
138%
120%
90%
108%
17%
106
35%
12%
47%
47%
56%
23
57
14%
136
117%
35%
98
46%
128

102
Sale
128%
2 5 % Sale
Sale
37
35
37
87
90

100%
128%
27
37%
37
88

9 % Sale
Sale
129
2 0 % Sale

10%
130%
19%
88
8%
49%
31%
120
85%
37%
8%
86
23%
61%
108%
120%
79
130%
42%

8%
50
30%
126
84%
37%
9%
90
30
71%
108
119%
73%
124%
43
104
104
61%
113%

8%
51%
Sale
Sale
Sale
Sale
Sale
95
Sale
Sale
Sale
Sale
Sale
126
Sale
112
107
Sale
Sale

88
35
55

89%
44
Sale

6
143 %
120%
126
95
44%
113
82
106
41%
28%
149%
122 %
1 22 %
110
123%
1 05 %
64
99%
32%
85%
1
8%
44%
48%
40%
106
90
15
8%
80
23%
54%
112
22
41
98
104
49%
39%
37%
113
116
61
97%
8%

A s k . Bid.

A sk.
Sale
Sale
Sale
Sale
Sale
Sale
104
Sale
Sale
99%
103
Sale
Sale
Sale
Sale
Sale
Sale
Sale
75%
89

B id .

83
67%
1 10 %
133
10%
31%
137
11%
4%

8 7 % Sale
68
70

no

103
58%
111%
133%
92
48
51%
5%
I 80
141%
121
122
96
45%

Sale
108%
Sale
Sale
Sale
Sale
Sale
110%
129
108%
Sale
106
106
Sale
86
Sale
Sale
Sale
Sale
Sale
1 07 %
90%
Sale
Sale
84
Sale
55%
114
22%
Sale
102
110
50%
Sale
Sale
Sale
116%
63
98
9%

81
108%
45%
28%
152%
122%
121%
111
131
107%
64%
105%
103%
Sale
26
7 9 % Sale
Sale
8%
9%
4 6 % Sale
4 7 % Sale
41%
40
106
107%
9 5 % Sale
1 4 % Sale
7 % Sale
8 5 % 86
23% 24%
52
50
110
114%
2 2 % 23
4 0 % Sale
102
103
106% 109%
49%
51
3 8 % Sale
3 7 % 38
111
Sale
1 1 5 % Sale
61%
61%
9 9 % 100
8%
8%

m

1

110
125
95%
64
40
64
101
169%
81
99%
100
75
95
85
29
34
34
74%
67
81%

no

Sale
Sale
133
97
Sale

6%

Highest.

F eb. 28.

1927.
B id .

FEBRUARY.

5%
84%
149%
120%
128
98%
46
114
85%
109%
50
27
158%
121%
121%
110%
144
110

5%
87
Sale
Sale
129%
Sale
Sale
115
Sale

no

Sale
27%
Sale
123
Sale
Sale
Sale
Sale
Sale
1 0 5 % Sale
108
Sale
Sale
74
1
9%
9%
4 9 % Sale
47 % Sale
41
Sale
1 0 6 % 108
9 6 % Sale
Sale
14
7 % Sale
85%
86
23
Sale
5 3 % Sale
114%
22%
23
4 1 % Sale
103
101
106
109
49
51
3 6 % Sale
36% 37%
1 17 % Sale
1 15% 1 1 6 %
59
61
99% 99%
8
Sale

77%
24% no
1%

P rices.
F e b . 18
F e b . 21
F eb. 4
F e b . 18
F eb. 8
F e b . 11
F eb. 2
F e b . 18
F e b . 11
Feb. 7
F eb. 3
F e b . 28
F e b . 28
F e b . 28
Feb. 7
Feb. 7
F eb. 9
F eb. 7
F eb. 8
F eb. 8

18
3
11

18
8

11

20

18
11
14
3
28
28
28
7
7
9
7
8

8
21

21
8

25
9
9
25
1

3
18
19
20

F eb.
F eb.
F eb.
F eb.
F eb.
F eb.
F eb.
F eb.
F eb.
F eb.
F eb.
F eb.
F eb.
F eb.
F eb.
F eb.
F eb.
F eb.
F eb.
F eb.
F eb.
F eb.
F eb.
Feb.
F eb.
Feb.
Feb.
h’e b .
F eb.
F eb.
Feb.
F eb.
F eb.
F eb.
F eb.
F eb.
F eb.
F eb.
F eb.
F eb.
F eb .
F eb.
F eb.
F eb.
115% F eb .
F eb.
61
F eb.
98
8
F eb.

no

9

3
1123
8
2
87
2
7
81no%
151
37
91no
185
4

51
29
160%
123%
10 1 2 2 %
112
146

26

78%
16 1 0 6 %
103%
27
18 8 0 %
5
1%
3 10%
1
9 48%
18 4 1 %
10 108
1 96 %
24 14%
8%
7 86
26 2 3 %
8 54
8 113
2 22%
9 44%
9 101
10 1 0 7 %
15 5 0 %
11 3 9 %
7 38%
18 1 1 7 %
1116%
9 62%
18 1 0 0 %
28
8%

51 %

1

F eb.
F eb.
F eb.
Feb.
Feb.
Feb.
F eb.
Feb.
F eb.
F eb.
F eb.
F eb.
F eb.
F eb.
F eb.
F eb.
F eb.
F eb.
F eb.
F eb.
F eb.
Feb.

25
24
18
16
19
10

11
1

7
14

10
20

22

21
3
28
25
10

5
1

28
5

28
17
28
15
28
25
17
13
26
6

13
8
12

28
28
25
8
3
6
12

3
28
21
21

25
20

F eb.
F eb.
F eb.
F eb.
F eb.
F eb.
F eb.

21
25
28'
28

24
13
3
28
27

9
28

9
3

F eb.
F eb.
F eb.
F eb.
F eb.
F eb.
F eb.
F eb.
F eb.
F eb.
Feb.
F eb.
F eb.
F eb.
F eb.
Feb.
F eb.
F eb.
F eb.
F eb.
F eb.
F eb.
Feb.
F eb.
F eb.
F eb.
F eb.
Feb.
F eb.
F eb.
h'eb.
F eb.
F eb.
F eb.
F eb.
F eb.
F eb.
F eb.
F eb.
Feb.
F eb.
F eb.
Feb.
F eb.
F eb.
F eb.
F eb.
Feb.

19
23
28

23
28

2

2

2

7

28

18

18
11
14
19
28
25
28

14
13
28
25
28

21

21

17
28

18
17
28

4
78
8
18
8
55

2
7
17
18
24
3
23
16
7
7
3
4
28
8
26
16
9
7
19
1
23
28
16
15
9
14

11

7
8
5

21
29

5

7
8

17
18
12
18

23
16
7
6

27

20
5
8

26
16
2

7
19
5
8

28
13
20

9

19

STOCKS™STOCK EXCHANGE EECORD

Mar., 1927.]

STOCKS

SALES

Par
A u stin , N ic h o ls & C o . n o p a r

x Ex dividend,




1

M AR.

F eb ru a ry.

S in ce
J a n . 1.

Shares

Shares-

P referred _______________ 100
A u to K n it H o s ie r y ___ n o pa r
A u to Sales__________________50
B a ld w in .L o co m o tiv e ____ 100
P r e fe r re d _______________ 100
Barn et L e a th e r_______ n o p a r
P r e fe r r e d _______________ 100
B arnsdail C o r p , C lass A . . 2 5
C lass B __________________25
B a yu k B r o s ________________ n o p a r
1st p re fe rr e d ___________ 100
S econ d p r e fe r r e d ______ 100
B e e c h -N u t P a ck in g _______20
P r e fe r r e d _______________ 100
B elding B r o th e r s ______ n o p a r
B ethlehem Steel C o r p ___ 100
7 % preferred __________100
B loom ln g d a le B r o s ___ n o p a r
P re fe rre d _______________ 100
B lu m en th a l & C o p r e f ___ 100
B o n A m i class A ______ n o p a r
B ooth F ish eries_______ n o p a r
1st p referred ____ _______100
B o ta n y C on s M ills A ______50
B ritish E m p ire s t e e l ....._ 100
F ir s t p r e fe rr e d _________ 100
2d p r eferred ___________ 100
B rook lyn E d is o n , I n c ___ 100
B rook ly n U n ion G as . . n o p a r
Brow n S hoe, In cw h e n Issued
P r e fe r r e d _______________ 100
Briggs M a n u fa c tu r in g n o p a r
Bruns w ic k -B a ik e -C o lL n o p a r
B run sw ’k T e r m & B y SeclOO
Burns B r o th e r s _______ n o p a r
P r e fe r re d _______________ 100
N ew C lass B c o m . . n o p a r
B u rro’s A d d M a c h ___ n o p a r
Bush T erm in al C o , n e w ;____
D e b e n t u r e ____________ ____ _
Bush T e r m B ld g s , p r e f . . 100
B u tte C o p p e r & Z in c _______ 5
B u tterick __________________100
B u tte & Sup M in in g ______10
B yers & C o ___________ n o p a r
P r e fe r re d _______________ 100
B y -P r o d C o k e C o r p _ .n o p a r
C a lif P a ck in g C o r p _ .n o p a r
C a liforn ia P e tr o le u m ______25
C allahan Z in c -L e a d _______ 10
C a lu m et & A rizon a M g . 10
C a lu m et & H e c la __________ 25
C a n a d a D r y G in g A l e .n o p a r
C ase (J I ) T h resn M a c h .1 0 0
P r e fe r r e d _______________ 100
C en tra l A llo y S teel___ n o p a r
P r e fe r re d _______________ 100
Cen tral L e a th e r______. . . 1 0 0
C e r tific a te s _____________ 100
P r e fe r re d ____ _________100
P referred c e r tific a t e s . .1 0 0
C e n tu ry R ib b o n M ilis .n o p a r
P r e fe r r e d _______________ 100
O erro a e P a sco C o p ___ n o p a r
O e ita ln -T e e d P r o d ___ n o p a r
1st p re fe rr e d ___________ 100
2d p r e f e r r e d . . '_________100
G h a n d le r -C le v e M o t o r n o p a r
P r e f e r r e d ___________ n o p a r
C h ic P n eu m a tic T o o l _____ 100
C h ca g o Y e llo w C a b - . n o p a r
C h ilds C o . ___________ n o o a r
C h ile C o p p e r ______________ 125
C h in o C o p p e r _______________ 5
C h ris tie -B ro w n _______ n o p a r
C h ry sler C o r p c t fs n ew no p a r
P referred ____________ n o p a r
C it y I n v e s tin g C o _______ 100
d u e t t , P e a b o d y & C o ___ 100
P r e fe r re d _______________ 100
C o c a C o l a . _____ ______ n o p a r
C o c a -C o la I n t e r n a t ___ n o p a r
C ollin s & A ik m a n ________
P r e fe r r e d _____________
C o lo r a d o Fu el & Iron _
100
C o lu m b ia G a s & E le c p r e f . 100
N e w --------------------------- n o p a r
P referred n e w __________ l o o
B ig h t s ______________________
C o lu m b ia n C a r b o n ___ n o p a r
C o m m e r c ia l C r e d it ______
P referred 7 % __________
P referred B ________________
F irst p r e fe rr e d __________ 25
C om I n v T r u s t _______ n o p a r
P r e fe r re d ______________ ]0 0
6 k % p re fe rr e d _________ 100
C om m ercia l S olv B ___ n o p a r
O on g oleu m C o n e w ___ n o p a r
C on gress C ig a r _______ n o p a
C o n le y T in F oil s t p d _ .n o p a r
C on solid a ted C ig a r ___ n o p a r
P referred _______________ 100
C on sol D is t r ib u t o r s _ .n o p a r
C o n s o lid a te d G a s ____ n o p a r
R i g h t s ___________ ______
P r e fe r re d r i g h t s ___________
C on sol T e x t ile ________ no p a r
C on tin en ta l B a k c l A . n o p a r
C lass B --------------------- n o p a r
P r e fe r re d _______________ 100
C on tin en ta l C a n I n c p r e f 100
C on tin en ta l C a n ______n o p a r
C on tin en tal I n s u r a n c e ____ 25
C on tin en ta l M o t o r s _ .n o p a r
C o rn P rod R e fg p r e f ____ 100
N ew w i __________________25
C o t y . I n c ______________n o p a r
C ro w n W ill P 1st p f n e w n o p a r
C ru cib le Steel or A m e r ._ 1 0 0
P r e fe r r e d _______________ 100
C u b a C o ---------------------n o p ar
C u b a C a n e S u g ar____ n o p a r
P r e fe r re d _______________ 100
C u b a n A m erica n Su g ar___ 10
P re fe rre d _______________ 100
C u b a n D om in S u g n e w n o p a r
C u d a h y P a ck in g N e w ____ 50
C u sh m an s S on s_______ n o p a r
8 % p r e fe rr e d _______ n o p a r
Q u y a m el F r u it________ n o p a r
O a vison C b e m v t o . . n o p a r
D e B eers C o n s o l M in e s _____
D eere & C o p r e f__________ 100
D e tro it E d is o n ___________ 100
D e v o e & R a y n o ld s A n o p a r
D e v o e & R e y n o ld s 1st p fd 100

TO

In

a . Y. STOCK EXCHANGE

4 .0 0 0
1,4 0 0
5 ,7 0 0
300
6 9 2 ,7 0 0
900
3 .2 0 0

20
4 4 8 ,4 0 0
2 9 ,8 0 0
18,6 0 0
380

20

6,3 0 0
30
2 3 ,6 0 0
153 ,8 0 0
6 ,8 0 0

1.200
470
130
4 ,5 0 0

6.000
500
1 .3 0 0

100
4 ,3 6 0
7 .4 0 0
8 ,7 0 0
6 .9 0 0
400
1 9 8 ,4 0 0
6 .5 0 0
8 .3 0 0
1 3 .6 0 0
700
7 .5 0 0
4,9001
3 1 ,7 0 0 :

i ,o6o;

900
7,0 0 0 !
1 5 ,8 0 0

10,000

9 7 ,3 0 0
700
4 0 .5 0 0
1 9 ,1 0 0
5 5 .6 0 0
7 .8 0 0
7 .9 0 0
5 .4 0 0
2 2 .4 0 0
3 2 .9 0 0

200
6,200

600
7 .0 0 0
5 ,1 0 0
2 7 .4 0 0
3 1 .9 0 0
4 .8 0 0
700
3 4 .5 0 0
7 6 ,2 0 0

1.000
6 .7 0 0
15.1 0 0
2 2 .7 0 0

100
9 .4 0 0
8 0 ,0 0 0

100

2 .7 0 0
5 1 2 ,4 0 0
3 ,6 0 0

10

4 .9 0 0
380
4 6 .8 0 0
40
1 0 7 .5 0 0

1,100

3 9 2 .9 0 0

100

5 5 .3 0 0
1 0 .4 0 0
7 9 4 ,0 5 7
4 1 .3 0 0
9 ,9 8 0
290
1,660

i ,200
1,100
200

1.400
5 1 .8 0 0
1 03 ,800
6 ,8 0 0
110
7 4 ,0 0 0
5C0
2 9 .1 0 0
1 5 1 ,2 0 0
1 85 ,683
139,341
2 4 .6 0 0
1 14 ,300
7 0 .7 0 0
9 .9 0 0
250
2 8 .4 0 0

2,000

4 4 ,2 0 0

1,200
153 ,450
3 4 .6 0 0
600
5 8 .5 0 0

1,000

5 4 .9 0 0
5 .3 0 0
2 7 .7 0 0
1 2 ,3 0 0
500
4 ,6 0 0
1 7 .600
600
60
1,800
2 6 .5 0 0

a Ex rights;

100

l,1 0 0 i
3,9001
9,7 0 0 !
1301

P R IC E S I N
P r ic e
Jan. 3

1927.

Bid.

7 ,9 0 0
1 0 k Sale
2 ,6 6 0
5 6 M 59
15.7 0 0
k Sale
10
300
Sale
1,1 1 9 ,4 0 0 155
1,6 0 0 115
117 M
40
43
5 .0 0 0
100 97
8 3 3 ,7 0 0 27 k Sale
25
25 k
6 9 .2 0 0
Sale
53
3 1 .5 0 0
1,2 4 0 1 0 0 k 1 0 3 K
20
Sale
10,000 58
6 i
2 6 0 4 Sale
4 5 .1 0 0
47
Sale
2 33 ,300
19.2 0 0 104 k Sale
40
Sale
5 ,2 0 0
670 1 1 0 k -----490
54
Sale
2 2 .7 0 0
7
7k
8 ,8 0 0
50
100 45
27k
28k
2 ,8 0 0
1,500

100

2k
2k
4 ,4 6 0
157
15.3 0 0 154
91 k Sale
8 .7 0 0
33
____
11.4 0 0
860
2 8 3 .0 0 0
29 k Sale
36 k Sale
3 2 .7 0 0
15
15k
3 0 .2 0 0
125)4
2 6 ,0 0 0 124
Sale
1,100 100
11.300
2 7 k Sale
Sale
10,000 121
Sale
31
5 2 .7 0 0
91 k
91k
1,8 6 0
106
1 ,550 105
4k
4k
11.900
Sale
51
2 2 .7 0 0
1 0 k Sale
13.400
Sale
122.000 42
800
67
68 k
4 3 .7 0 0
3 5 .2 0 0
130 .200
4 1 .1 0 0
10.3 0 0

10,000

4 0 .9 0 0
6 5 .4 0 0

2.000

12.100
1,600
2 2 .5 0 0
16,000
4 3 .1 0 0
4 1 .7 0 0
9,6 0 0
1,745
5 2 .7 0 0
105 ,800

2 ,1 0 0

200

69
31k
1k
65 34
14 k
36 k
149 k
116
2 8 )4
106
8k
7 k'
54k
54
12k
78 k
62 k
42 k
104
95 k
8k
21k

Sale
Sale
Sale
Sale
Sale
Sale
Sale
117
29
107
Sale
Sale
Sale
Sale
14
82 %
Sale
Sale
107k

101

Sale
Sale
Sale
122
43
45
50 k Sale
34 k Sale
1,100 22 k Sale
33
35
18.300
4 1 k Sale
1 ,0 2 3 ,3 0 0
Sale
13.800 103
3 2 .3 0 0
3 2 .300
4 9 ,0 0 0
300
2 6 ,6 0 0
178,100

10
20.100

910
9 4 .5 0 0
40
167 .5 0 0
2 .7 0 0
6 6 7 .9 0 0
400
1 29 .300
31,711
9 2 8 ,6 7 7
8 1 .2 0 0
1 7 ,1 8 0 '
1,470
2 ,1 6 0

60 k Sale
1 1 1 k 114
172
Sale
oo k
127
44
116k
89 k
101
3
67 k
17

F e b . 1.

Ask. Bid.

Sale
130
Sale
Sale
Sale
Sale
Sale
Sale
18
23 k
26k
89
Sale
99
93 k
Sale
Sale
55
k
Sale
102k
Sale
Sale

Ask Bid.

Ask.

Lowest.

Highest.

Lowest.

S a le P r i c e s .

S a le P
, r ices

Sale
55

66 k
31k
lk
67 k
16
38 k
137 k
108k
27
106k
9k
8k
57
56
I lk
73
61 k
43 M
106
86k
10 k
24
133
43
51 k
35k

66 k
30 k
2k
67 k
15k
43 k
155
111
26 k

67 k
Sale
Sale
Sale
Sale
Sale
Sale
Sale
Sale

9k
9
64 k
62
14k
74
61k
48
109k
95k
10k
22 k
137

Sale
9k
Sale
Sale
15
84
Sale
Sale
110k
101k
Sale
Sale
Sale
52
Sale
Sale
26
39k
Sale
Sale
125
62 k
Sale
Sale

40
Sale
4 0 k Sale
104 k Sale
102
150
65 k Sale
114 k Sale
170 k Sale
______174
69 k Sale
137
140
52
Sale

85 k
100 k
2k
75 k
14 k
22
20k
22 k
20 k
2,100 85 k
80
55
2 .3 0 0
54k
97
600
97 k
91
91k
2 .3 0 0
156 .300 232
243 k
19
2 3 7 .3 0 0
18
53 k
16.300
53 k
k
645
k
84
125 .700
79
700 101
100
lk
5 6 .3 0 0
1k
3 9 1 ,7 7 5 1 0 7 k
99 k
272 ,641
3k
189 ,7 1 7
k
6 5 .8 0 0
3 k Sale
3k
Sale
68
3 6 9 .9 0 0
70 k
3 2 6 ,2 0 0
9 k Sale
8k
4 0 .6 0 0
94
93 k Sale
510 12 1k 1 2 2 k 123
Sale
73
6 7 .4 0 0
71 k
139
10.5 0 0 136
137 k
Sale
13
196 .700
12 k
3 ,2 0 0 1 2 9 k Sale
128k
48 k Sale
2 8 2 ,6 5 0
48 k
56 k Sale
4 6 .6 0 0
60 k
1,100
90
Sale
80
7 6 .9 0 0
78 k
104
2.9 0 0 103
104
32
Sale
9 2 .6 0 0
31k
21.9 0 0
1 0 k Sale
9k
6 5 .5 0 0
48
49 k Sale
4 3 .4 0 0
27 k Sale
26 k
108
600 102
103 k
6.9 0 0
17k
18k
16k
3 6 ,0 0 0
52 k Sale
52 k
Sale
4 ,4 0 0 108
106k
90 1 0 6 k 110
105
4 .9 0 0
33
32 k Sale
4 9 .8 0 0
27 k Sale
29
100
33
1,6 0 0 105 k Sale
107
135
7 ,4 5 0 134
135
2 2 .4 0 0
40 k Sale
40 k
220 100
104
103

51k
36k
22 k
38k
43 k
104k
1 12
62k
115k
181
179
84 k Sale
1 2 0 k 130
58 k Sale

Sale
85 k
Sale 101
Sale
Sale
81k
19
Sale
22
22
22k
Sale
84
80
53
55 k
99
97k
Sale
90k
Sale 257 k
Sale
18 k
Sale
54 k
Sale
„ k
84
79 k
103
100k
Sale
lk
Sale 100
Sale
4k
Sale
k
Sale
3k
Sale
68 k
8
Sale
Sale
92 k
124
124
Sale
70 k
Sale 138 k
12
Sale
129k 128k
Sa e
50 k
Sale
69k
92
88
90
Sale
Sale 107
Sale
32k
Sale
9k
Sale
48
Sale
25 k
Sale 103
17
16k
51 k
Sale
105
110
1 0 8 k 104
34
32 k
Sale
31k
36
32
108
102 k
Sale 137 k
Sale
39k
'‘ 0 3 k ’ 104

Sale
Sale
Sale
19k
Sale
Sale
83
55 k
98k
91
Sale
Sale
Sale
k
Sale
101
Sale
Sale
Sale
Sale
Sale
Sale
Sale
Sale
Sale
Sale
Sale
Sale
129k
Sale
Sale
90
Sale
Sale
Sale
Sale
Sale
Sale
104
Sale
Sale
106
106
34
Sale
36
____
Sale
41
Sale

S IN C E J A N .

S a le P r i c e s .

7 k F eb.
Feb.
51
k F eb.
4k
4 k Feb.
Sale 1 5 1 k F e b .
120
1 1 7 k F eb.
56
52 k F e b .
Sale 100
Feb.
Sale
32 k F e b .
Sale
29 k F e b .
Sale
50 k F e b .
1 0 3 k 1 0 1 k F eb.
100
Feb.
Sale
57 k F e b .
118
1 1 4 k Feb.
21
Feb.
Sale
Sale
45 k Feb.
1 0 8 k 1 0 7 k Feb.
39 k
37 k F e b .
Sale 1 0 9 k F e b .
Sale
Feb.
45
Sale
53 k F e b .
Sale
6 k Feb.
50
29
2 5 k F eb.
k F eb.
21
2 0 k Feb.
3k
2 k Feb.
Sale 1 4 8 k F e b .
92 k
9 0 k F eb.
3 2 k 3 0 k Feb.
Feb.
115
109
Sale
F eb.
30
Sale
3 2 k Feb.
Sale
9 k Feb.
Sale 1 1 0 k F e b .
Sale
97 k F e b .
26
2 1 k F eb.
Sale 121
Feb.
Sale
35 k F e b .
Sale
93 k F e b .
Sale 103 k F e b .
4
3 k Feb.
53
Feb.
Sale
Sale
1 0 k Feb.
Sale
46 k F e b .
Sale 106
Feb.
Sale
68 k F e b .

Sale
Sale
Sale
Sale
Sale
Sale
138
114k
Sale
Sale
Sale
Sale
Sale
57
12k
75
Sale
Sale
Sale
101k
Sale
Sale
Sale
46
Sale
Sale

RANGE

FEBRUARY.

8 k Sale
8k
5 4 k 5 5 k 52
k Sale
4k
4k
1 5 1 k Sale 199
Sale 118
Sale
53
100
97
35 k
3 2 k Sale
32 k
2 9 k Sale
57 k
5 1 k Sale
102
Sale 1 0 3 k
Sale
100
58
114k
114k
23 k
23 k Sale
50 k
45 k Sale
1 0 7 k Sale 1 0 7 k
39^
38 k
37 k
Sale 110
50
44
70
Sale
54
54
6k
6k
40
40
26
25
1
k
13 k
15k
3
2k
152
151
92
90 k Sale
31k
32 k Sale
1 1 1 k Sale 109
Sale
34
30
33 k
3 6 k Sale
I lk
I l k Sale
112
Sale 116
99
98 k 100
25
2 2 k 25
121
Sale 126
40k
36 k Sale
94
95
92 k
1 0 7 k Sale 108 k
Sale
3k
4
57k
53 k Sale
I lk
I l k Sale
59
46 k Sale
Sale
106
106
75 k
68 k Sale

110

25

8
8k
8 54k
7
k
3
4k
2 201k
1 119
59k
28 101
35k
32k
57k
103k
100
7 60k
14 115
15 2 5 k
1 50k
7 108k
23 4 0
21 1 1 1 k
11 5 0
11 5 5 k
7
7k

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
F eb.
Feb.
Feb.
F eb.
F eb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

28
lk
20k
3k
152k
93 k
32 k
112
36k
37 k
12k
120k
99
26 k
126
40 k
95
109
4k
61k
I lk
61k
109
77

F eb.
F eb.
F eb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
F eb.
F eb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

F eb.
F eb.
F eb.
F eb.
F eb.
F eb.
Feb.
Feb.
F eb.
F eb.
F eb.
Feb.
Feb.
Feb.
F eb.
Feb.
F eb.
F eb.
F eb.

69k
31k
2k
69
16k
44k
158
113k
27
107k
10k
9k
66k
62k
15k
80
63k
48k
110

F eb.
F eb.
F eb.
F eb.
F eb.
F eb.
F eb.
Feb.
F eb.
F eb.
F eb.
F eb.
F eb.
F eb.
F eb.
F eb.
F eb.
F eb.
Feb.

9 k Feb.
2 1 k F eb.
129
F eb.
43
F eb.
50
F eb.
3 4 k Feb.
2 2 k Feb.
39
F eb.
4 0 k Feb.
L03k Feb.
L12
Feb.
6 2 k F eb.
L ll k F e b .
[69
F eb.
[74
F eb.
69
F eb.
[3 9 k F eb.
52
F eb.
1 2 k F eb.
8 2 k Feb.
00
F eb.
2 k Feb.
75
F eb.
1 4 k Feb.
2 0 k F eb.
1 9 k Feb.
80
Feb.
53
Feb.
9 7 k Feb.
90
F eb.
2 2 9 k Feb.
1 7 k F eb.
5 3 k F eb.
k Feb.
7 9 k F eb.
100
F eb.
l k Feb.
9 7 k F eb.
3 k F eb.
k F eb.
3 k F eb.
6 7 k F eb.
7 k F eb.
9 2 k F eb.
124
F eb.
68
F eb.
137
F eb.
I l k Feb.
128
Feb.
4 8 k F eb.
6 0 k Feb.
90
F eb.
7 8 k Feb.
104
Feb.
2 6 k Feb.
9 k Feb.
4 7 k F eb.
2 5 k F eb.
1 0 2 k F eb.
15
F eb.
5 1 k F eb.
0
F eb.
103
F eb.
3 2 k F eb.
2 6 k F eb.
3 2 k Feb.
1 0 5 k F eb.
135
F eb.
3 9 k F eb.
103
Feb.

10k
24
137
43
51k
36k
22k
40k
43k
105
112
65k
116k
181k
174
86k
160
62
112k
87k
101k
3k
85
20k
22
22k
9i 8 3 k
151 5 4 k
10! 9 7 k
18 9 1 k
9 257k
II 1 9 k
2 55k
9
k
2i 8 5 k
9 102k
ll
2k
16 1 0 2 k
151 4 k
18
k
51 3 k
10, 7 2 k
91 8 k
94
8 124k
9: 73
1,139
21 i 1 2 k
10 1 2 9 k
7| 5 2 k
1 70k
9 91
l| 90
1107
2! 3 3 k
21 1 0 k
25! 4 9 k
28 2 7 k
24 104
15, 18
8 52k
4 08
25 104
l l j 34
24! 3 1 k
14; 3 2 k
24 109
1 138
71 4 2 k
3 106k

F eb.
F eb.
F eb.
F eb.
F eb.
F eb.
F eb.
F eb.
Feb.
F eb.
F eb.
F eb.
Feb.
Feb.
F eb.
F eb.
F eb.
F eb.
F eb.
Feb.
F eb.
F eb.
Feb.
F eb.
F eb.
Feb.
Feb.
Feb.
Feb.
Feb.
F eb.
F eb.
F eb.
F eb.
Feb.
F eb.
F eb.
F eb.
Feb.
F eb.
F eb.
F eb.
F eb.
F eb.
F eb.
F eb.
F eb.
F eb.
F eb.
Feb.
F eb.
Feb.
Feb.
F eb.
F eb.
F eb.
F eb.
Feb.
Feb.
Feb.
F eb.
F eb.
F eb.
F eo.
F eb.
F eb.
F eb.
F eb.
F eb.
F eb.

64
30
lk
65k
15
37k
136
I ll
26
L06k
9k
8k
57
56k
12
75
60k
43k
L06

15
8
14
10
11
3
1
7
1
8
10
9
14
9
1
18
21
14
14
1
5

1
3
7
7
23
23
9
28
26
28
28
25
1
15
25
19
28
24
5
9
28
1
14

7 k Feb.
Feb.
51
k Jan.
4 k F eb.
1 4 3 k Jan.
Ja n .
116
Ja n .
40
Ja n .
97
Ja n .
27
Ja n .
25
49 k J a n .
101
Jan.
F eb.
100
56 k J a n .
1 1 4 k Jan.
Jan.
4 3 k Jan.
1 0 4 k Jan.
37
Jan.
1 0 9 k Jan.
44
Jan.
5 3 k Jan.
6 k Jan.
45
Jan.
24
2 5 k Jan.
k Jan.
10
14
2 0 M Feb.
15
2 k Jan.
9 1 4 8 k F eb.
9
89 k J a n .
8
3 0 k F eb.
1 109
F eb.
23
2 8 k Jan.
2
3 2 k F eb.
21
9 k Jan.
21 1 1 0 k F e b .
28
9 7 k Feb.
23
2 1 k F eb.
Jan.
28 118
28 I 2 9 k J a n .
26
91 k J a n .
28 1 1 0 3 k F e b .
9il 3 k F e b .
15
5 0 k Jan.
8; 1 0 k J a n .
Jan.
18! 42
Jan .
8 106
Ja n .
4
66
64
30
1k
65k
14k
36
132
111
26
106k
8k
7k
54
54
10 k
70
60k
42
106
101
8k
26
ll 2 1 k
17 1 2 0 k
43
8
3! 50
34k
28
10 2 2 k
1 34k
10 3 8 k
24 103
25 112
1 60k
28 1 1 1 k
23 1 6 7 k
15 174
63
28
26 126
42k
16
25 1 1 2 k
25
82k
99k
7
2k
25
66 k
11
21
14k
19 k
17
26
19k
80
21
53
2
10 9 6 k
90
8
28' 223
10 ' 17 k
7 51k
9
k
77 k
17
2 100
Ik
5
5
97k
3k
5
1
k
2
3k
66 k
24
7k
1
1 92
11 120
68
3
11 135
1
I lk
23 128
23
46k
56
28
90
8
77
28
28 103
26k
25
9k
10
3
47k
3
25k
7 102
15
26
50
23
14 105
25 103
32k
3
28
26k
14
32k
3 105 k
28 1 3 3 k
2
37k
21 101

F eb.
Feb.
Ja n .
Ja n .
Jan.
Jan
Ja n .
F eb.
F eb.
Jail.
Jan.
Ja n .
Jan.
Jan.
Jan.
Jan.
Ja n .
Ja n .
F eb.
Jan.
Jan.
Jan.
Jan.
F eb.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
F eb.
Jan.
Jan.
Jan.
Feb.
Jan.
Jan.
Jan.
F eb.
Feb.
Jan.
Feb.
Ja n .
Feb.
Jan.
Feb.
Feb.
Feb.
Ja n .
Feb.
Jan .
Ja n .
Ja n .
F eb.
Jan .
F eb.
Ja n .
F eb.
Ja n .
F eb.
Ja n .
Ja n .
Feb.
Ja n .
Ja n .
Feb.
Ja n .
Jan.
Jan .
Ja n .
Jan.
Jan .
Jan .
Jan .
Feb.
Feb.
Feb.
Feb.
Jan.
F eb.
Ja n .
F eb.
F eb.
Ja n .
Feb.
Feb.
Ja n .
Jan .
Jan .
Jan .

Highest.
Sale Prices. *

18
14

25
10
24
17
26
27
3
25
20
17
5
28
11
17
24
14
7
11
28
1
7
3
8
25
9
14
9
4
12
5
14
14
3
3
3
28
29
7
28
3
3
4
5
27
28
23
11
3
3
14
3
26
24
29
25
1
12
6
25
3
8
29
3
7
5
28
3
25
4
6
4
15

10k
61
k
4k
201k
119
59k
101
35k
32k
57k
103k
100
60k
115
27k
50k
108 k
41k
111k
50
55k
7k
45
28k
lk
20k
3k
154 k
93 k
34 k
112k
36k
38 k
15k
125k
100
34k
126
40k
95
109
4k
61k
I lk
61k
109
77

70
32 k
2k
69
16k
44 k
158
117
28 k
107k
10 k
9k
66 k
62 k
15k
80
63 k
48k
110
101k
11

24 k
137
44
53 k
36 k
23 k
42
43 k
105

112

66 k
116k
181k
174
86 k
160
62
117
91k
101k
3k
85
20 k
22 k
23
85 k
55 k
98 k
91k
257 k

21

55 k
k

85 k
k
k
109 k

102
2

k
4k
74 k
10k
97 k
124k
73 k
141 k
13k
129k
52 k

Jan.
Ja n .
Jan.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
F eb.
Feb.
F eb.
Feb.
Feb.
Jan.
Feb.
Jan.
Jan.
F eb.
F eb.
F eb.
Feb.
Jan.
Jan.
F eb.
Feb.
F eb.
Jan.
Jan.
Jan.
Ja n .
Feb.
Ja n .
Jan.
Jan.
Jan.
Jan.
F eb.
F eb.
F eb.
Jan.
Jan.
F eb.
Jan.
F eb.
Feb.
Feb.

Jan. 5
Jan. 18
Jan. 17
Feb. 24
Jan. 20
Feb. 25
Feb. 28
Jan. 12
Jan. 4
Jan. 14,
Jan. 7
Jan. 10
Feb. 25
Feb. 28
Feb. 26
Feb. 26
Feb. 24
Feb. 24
Feb. 25
Jan. 13
Jan. 13
Jan. 12
Feb. 17
Jan. 17
Jan. 11
Feb. 28
Jan. 6
Jan. 18
Jan. 6
Jan. 12
Feb. 25
Jan. 24
Feb. 28
Feb. 23
Feb. 15
Feb. 28
Feb. 26
Feb. 16
Jan. 18
Jan. 12
Jan. 19
Jan. 21
Feb. 11
Feb. 21
Jan. 5
Jan. 7
Jan. 12
Jan. 24
Jan. 27
Jan. 10
Feb. 28
Jan. 5
Feb. 7
Jan. 5
Feb. 17
Feb. 2
Feb. 5
Jan. 10
Jan. 25
Jan. 25
Jan. 15
Jan. 6
Jan. 5
Jan. 13
Feb. 11
Jan. 3
Jan. 19
Jan. 6
Feb. 23
Feb. 23
Feb. 28
Jan. 10
Feb. 28
Feb. 28
Jan. 8
Jan. 5
Jan. 4
Jan. 3
Feb. 7
Jan. 21
Feb. 23
Jan. 17
Jan. 5
Jan. 15
Feb. 28
Feb. 14
Feb. 3
Feb. 28
Feb. 2
Feb. 21

IVA

90
18 107
~ 34k
10k
50 k
28 k
104
18
52 k
112

109k
34
31k
32 k
3 109
211138
251 42 k
6 106k

3
5
7
7
23
23
9
28
26
28
28
25
1
15
25
7
28
18
11
9
28
1
14
11
5
10
14
15
5
8
5
7
23
10
7
20
3
27
28
28
26
18
4
15
7
18
8
4

26

[V ol. 124,

STOCKS—STOCK EXCHANGE RECORD
STOCKS

H. Y . STOCK EXCHANGE

SALES TO M AR. 1.
In
February.

Since
Jan. 1.

Price
Jan. 3
1927.

PRICES I N FEBRUARY.
Feb. 1.

Feb. 28.

Lowest.

RANGE SINCE JAN . 1.
Highest,

Lowest.

Highest

Ask. Bid.
Ask. Sale Prices.
Par Shares.
Bid.
Ask Bid.
Shares.
Sale Prices.
Sale Prices.
Sale Prices.
115
Sale 115
Feb. 28 118 Feb. 26 115
60
60
Diamond M atch________ 100
Feb. 28 118
Feb. 26
25% Sale
362.900 2656 Sale
196.700
Dodge Bros, Class A .no par
25
Feb. 5 2736 Feb. 11 2336 Jan. 18 2736 Jan. 5
2636 Sale
32.400 82 36 Sale
84
Sale
15.500
8336 Sale
Pref temp certifs__ no par
83
Feb. 23 85
Feb. 14 8136 Jan. 4 85
Feb. 14
37.200 10V2 Sale
21,600
956 Sale
Dome Mines Ltd_____no par
856 Sale
856 Feb. 28 9 56 Feb. 2
856 Feb. 28 1136 Jan. 4
52
Sale
Sale
26,800 46
5236 Sale
15.500
Douglas Pectin______no par
5156 Feb. 16 5336 Feb. 8 46
Jan. 3 5336 Jan. 24
4.200 11636 Sale 11556 11556 11436 116
1.300
Duquesne Light 1st pref. 100
11456 Feb. 16 115 56 Feb. 5 11436 Feb. 16 11636 Jan. 3
100
8
10
836 Sale
100
Durham Hosiery M ills__ 50
856 Feb. 1 836 Feb. 1
836 Feb. 1 836 Feb. 1
Sale 129 Sale 13156 Sale 12856 Feb. 3 13456 Feb. 25 12636 Jan. 28 13456 Feb. 23
35.100 133
12.900
Kastman Kodait____ no par
220 11836 122
90
11936 120 11836 120 11956 Feb. 2 12156 Feb. 25 11936 Jan.
Preferred_____________ 100
123 Jan. 12
2536 Sale
39,300 2456 Sale
2656 Sale
20,200
Baton Axle & Spring_.no par
2456 Feb. 17 2756 Feb. 24 2436 Jan.
2756 Feb. 24
119,300
132,300 175 36 Sale 173 36 Sale 19436 Sale 172 Feb. R 19456 Feb. 28 168 Jan.
EI duPdeNero &Co newnopGr
19456 Feb. 28
5,100 107
1.500
6 % cumul pref_______ 100
10936 10636 Sale 10736 10856 10556 Feb.
10836 Feb. 25 10536 Feb.
10936 Jan. 4
1236 Sale
12 Feb.
33.400 12 Sale
22.500
Elsenlobr (Otto) Bro 3 ___ 25
1456 Sale
1636 Feb. 15 1156 Jan.
1636 Feb. 15
94
96
92
Feb.
9236 Sale
93
600 89
400
Preferred_____________ 100
Jan.
9556 Feb. 16 89
9556 Feb. 16
31.700 64 % Sale
Feb.
66
66
6636 7436 Sale
29.300
Electric Auto-Lite__ no par
75
Feb. 28 6336 Jan. __ 75
Feb. 28
1436 Sale
183,000 14)4 Sale
73.700
1436 Sale
Electric Boat________ no par
16 Feb. 7 1356 Jan. 25 1636 Jan. 10
13 36 Feb.
2.400 104 105 ys 10356 10436 10636 Sale 10436 Feb.
1,200
Elec Pow & Lt pf 40% pd w i
10636 Feb. 28 103 56 Jan. 28 10636 Feb. 28
1656 Sale
148.800 18)4 Sale
95.200
Certificates___________
1856 Sale
1656 Feb.
1856 Feb. 25 1636 Jan. 27 1856 Jan. 6
8,650 96)4 Sale
4.400
9656 Feb. _ 99 36 Feb. 28 96 Jan. 14 9936 Feb. 28
9636 9656 9936 Sale
Preferred certificates . ..
36
Sale
503.900 36 56 Sale
3356 Sale
323,000
Elec Refrigeration____no par
3056 Feb. 11 3656 Feb. 2 3056 Feb. 11 37 56 Jan. 3
43.000 78 S
A Sale
12.300
Elec Storage Battery.no par
Feb. 3 7236 Jan. 31 7936 Jan. 6
73 36 Feb. 7 77
73 56 7456 76 Sale
10
9
10
9
10
700
200
Elk Horn Coal Corp______50
2
956 Feb. 19 10 Feb.
10 Jan. 8
9 Jan.
1036
23
21
Feb. 2 2236 Feb. 15 21
190 23 36 25
110
Preferred______________ 50
Feb.
2236 22
2336 Jan. 4
Bmerson-BrantingClA no par
1.200
400
8
Feb. 10 9 Feb. 9
7
12
736
9
9 Jan. 25
736 11
736 Jan.
800
600
Emporium Corp_____ no par
36
40
Feb. 21 3636 Feb. 10 36 Jan.
36
3636 36
3636 Feb. 10
10.400 67
4.800
67 56 6636 Sale
6836 Sale
ISndicott-Joh nson_______ 50
6556 Feb. 1 69 Feb. 25 6456 Jan.
69
Feb. 25
1.400 115)4 119
900
Preferred_____________ 100
11756 119
11636 11736 11836 Feb. 9 11836 Feb. 9 11656 Jan.
11836 Feb. 9
2336 Sale
31.000 22)4 Sale
15.500
2356 Sale
Engineers Pub Serv_.no par
2336 Feb. 16 2436 Feb. 5 2156 Jan.
2436 Feb. 5
Sale
6.400 94
9856 Sale
98
Feb. 5 99
2.300
Feb. 11 9356 Jan.
94)4 98
99
Feb. 11
Preferred__________ no par
22.100 120 36 128)4 11836 120 12 2
20.900
12356 11836 Feb. 5 12436 Feb. 17 11836 Feb.
Equitable Office Bldg p f. 100
12436 Feb. 17
28
Sale
105,400 24% Sale
2636 Sale
26.700
2656 Feb. 26 28 Feb. 1 2456 Jan.
Erie Steam Shovel________ 5
2956 Jan. 17
108 104 Feb. 4 107
3.900 191% 103
10456 Sale 106
Feb. 23 10136 Jan.
2,000
Preferred_____________ 100
10736 Jan. 17
151,100 66 Vs Sale
6536 Sale
74.100
6236 Sale
Eureka Vacuum Clean.no par
6156 Feb. 21 6736 Feb. 14 6056 Jan.
6736 Jan. 5
1.800
2,600 15
Exchange Buffet Cofp.no var
1536 Feb. 10 1856 Feb. 28 1536 Jan.
1536 1536 1536 1856 Sale
1856 Feb. 28
13.100 265-6 27)4 2736 Sale
6,900
Pair (The) C o___________100
2736 Feb. 1 31 36 Feb. 24 2436 Jan.
2936 30
3136 Feb. 24
4
100
100
Fairbanks C o____________ 25
336 Feb. 8 336 Feb. 8
2 56 3 36 3
336 Feb. 8
3 36 Feb. „
21.200 4256 Sale
12.200
403-8 Sale
4036 Sale
Fairbanks Morse_____no par
3836 Feb. 10 4156 Feb. 14 3836 Feb. 10 42J6 Jan. 22
800 108 1 1 1
600
Preferred_____________ 100
10836 10836 108 1 1 2
10736 Feb. 7 110 Feb. 16 10736 Feb. 7 1 1 0
re b . 16
254.200 114 Sale 11236 Sale 112 Sale 10736 Feb. 10 11456 Feb. 24 10736 Feb. 10 11456 f eb. 24
124.200
Fam Piayers-Lasky_.no par
121
12 2
12 0
121
2.300 12036 123
1,100
120 Feb. 16 122 Feb. 4' 120 Feb. 16 12456 Jan. 12
Preferred_____________ 100
72.400 4136 Sale
4336 Sale
3956 Sale
43,000
3836 Feb. 8 4436 Feb. 28j 3736 Jan. 17 4436 Feb. 28
Federal Light & Tracnew 15
94
660 92
9256 Sale
Feb. 9| 9136 Feb. 23 95
93
9336 9136 Feb. 23 95
660
Preferred_____________ 100
reb. 9
80
90
70
87
60 Feb. 9 95
4.000 80
3.300
Feb. 8 60
93
Federal Min & Smelt___ 100
neb. 8
Feb. 9 95
76 Feb. 7 8336 Feb. 9 7536 Jan. 28 8336 neb. 9
16,200 7556 Sale
Preferred_____________ 100
7636 Sale
7636 78
13.300
Sale
29
2836 Sale
61,600 2756 Sale
28.100
Federal M otor Truck.no par
2736 Feb. 10 2956 Feb. 21 2636 Jan. 4 3056 Jan. 10
195
10,200 188
3.400
Fidelity Phenix Fire Ins. .25
9436 95
9336 Feb. 23 9636 Feb. 14 9336 Feb. 23 193 Jan. 6
9436 95
13
600 1336 1636 1236 15
400
Fifth Avenue Bus____no par
neb. 25
1436 13 Feb. 8 14 Feb. 25 1236 Jan. 31 14
99
96
800
96 100
Feb. 4 98
100
Feb. 4 9736 Jan. 13 9836 Jan. 17
First Nat Piet, 1st pref. .100
9936 98
9.900 2856 Sale
5.800
2936 Sale
First National Stores_______
Feb. 7 2836 Jan. 4 30
rieb. 7
2836 2936 2836 Feb. 11 30
16 Feb. 8 1856 Feb. 28 16 Jan. 4 1856 neb. 28
171.800 1656 Sale
136.200
Fisk Rubber_________ no par
1656 Sale
1836 Sale
Feb.
10,800 80
2 ,1 0 0
85
8536 85
86
Feb. 2 81
8036 8536 Sale
First pref stamped____100
Jan. 5 8636 Jau. 27
98
100
99
800 98
400
99 10036 9836 Feb.
100 Feb. 26 97 Jan. 24 100
neb. 26
1 st pref conv ctfs_____ 100
5036 Sale
239.700 4736 Sale
160.200
4656 Sale
Fleischmann Co, new ______
5136 Feb. 23 4636 Feb. 1 5136 j- eb. 23
4656 Feb.
79
Sale
Sale
75 Feb. _ 8556 Feb. 28 75
43.000 80
27.200
8436 Sale
Foundation C o ______no par
Feb. 9 8556 neb. 28
Sale
68 36 Sale
80,600 70
17.200
Fox Film " A ” ______________
6956 Sale
6536 Feb. 10 7036 Feb. 2 65 Jan. 25 7436 Jan. 6
113
Feb. 3 11436 Feb. 14 10936 Jan. 17 11436 Feb. 14
400 10936 ------ 111
260
Franklin Simon pref___ 100
11236 11356 111
45 A Sale
41
Feb.
224.700
4156 Sale
516,500 3456 Sale
Freeport Texas C o__ no par
4656 Feb. 2* 34 36 Jan
4 4656 Feb. 24
26.500 2936 Sale
9.300
Gabriel Snubber A __ no par
3156 Sale
31 56 Sale
32
Feb. 11 2936 Jan. 3 32
Feb. 11
3056 Feb.
656 Sale
6.900 i 736
Gardner M otor______ no pai
736 Sale
4.800
736 Feb. 23
656 Feb.
8
636 Jan. 27 756 Jan. 11
30,100
45.400 I 4656 Sale
4756 Sale
4956 Sale
Gen Amer Tank Car____100
4756 Feb. 5 5056 Feb. 25 46 Jan. 3 5056 Feb. 25
100
1,70C 106
108
107 Feb. 25 107 Feb. 25 10636 Jan. 5 10836 Jan. 12
7% preferred_________ 100
10736 109 10636 107
453.800 ' 8656 Sale
245,100
General Asphalt________ 100
8236 Sale
9456 Sale
8056 Feb. 21 9556 Feb. 28 7736 Jan. 27 9556 Feb. 28
Sale 12456 Feb.
4.000 125 130
3,000
12436 Sale 142
Preferred_____________ 100
142 Feb. 28 120 Jan. 25 142
Feb. 28
350 119 11936 122 Sale 123 124 122 Feb. _ 124 Feb. 17 120 Jan. 11 125 Jan. 21
190
General Baking pref. .no par
16,200 5436 5456 5336 Sale
Gsn Cigar Inc, new w i no par
5436 Sale
7.500
5336 Feb. 19 5536 Feb. 3 52 Jan. 26 5556 Jan. 15
117 Feb. 21 118 Feb. 16 116 Jan. 5 118
900 116
500
Preferred_____________ 100
11736 1 2 1
le b . 16
11736 11636 12 0
200 11356 11736 116 11736 11656 Sale 11636 Feb. 28 11636 Feb. 28 116 Jan. 11 11636 Feb. 28
100
Debenture pref (7 %) - -100
Genera] Electric— New__
231.000 835s Sale
119,500
8336 Sale
8556 Sale
8156 Feb. 8 8736 Feb. 25 81 Jan. “27 8736 Feb. 25
50.700 1136 Sale
18.300
Special when issued____10
1156 Sale
1136 Sale
1136 Feb. 19 1156 Feb. 7 1136 Jan. 3 1156 Jan. 5
63,720 41
54,400
Gen Gas Del A ______ no par
42
42
4256 4636 Sale
4056 Feb. 10 4736 Feb. 25 4056 Feb. 10 4736 Feb. 25
39
41
900 37
500
42
Feb. 19 4236 Feb. 24 39 Jan. 28 42 36 Feb. 24
Class B ____________no par
4236 4356 41
114 117
400 112 115
100
115 Feb. 14 115 Feb. 14 115- Jan. 15 11556 Jan. 28
Preferred A (8 ) ____ no par
1.300 100 Sale 103 10536 101
02
Feb. 4 103 Feb.. 14 100 Jan. 3 10736 Jan. 24
107
300
Preferred A (7)____ no par
97
99
9836 Sale
1,200 94
500
96
9836 Feb. 1 9856 Feb. 2 96 Jan. 13 9856 Feb. 2
Preferred B (7)____ no par
3,454,000 15436 Sale 15436 Sale 169 Sale
169 Feb. 28 14536 Jan. 25 169
Gen Motors Corp new no par 1,682,700
Feb. 28
_ _
40C 10436 - ____ 104 ____ 104
105 Feb. 21 10456 Feb. 18 105 Jan. 3
400
Preferred_____________ 100
Sale 104 ____ 104
100 105
8 % debenture stock__ 100
122
Jan. 7
17.000 12036 Sale 120 12136 120
Feb. 8 120 Jan.
6,300
Preferred 7% new____100
12036 .20 Feb. 11 121
Sale
15.700 56
8,600
Gen Outdoor Adv A _.no par
57 Feb. 5 5836 Feb. 9 5536 Jan.
5836 Feb. 9
5736 5736 5756 Sale
Sale
40
Sale
71.500 39
52.700
Trust certificates__ no bar
Jan.
4636 Feb. 23
4556 Sale
3936 Feb. 9 4656 Feb. 23 37
290
490 8336 Sale 10436 Sale 10236 Sale .04 Feb. 2 10436 Feb. 1 8236 Jan.
General Ry Signal Pref. .100
10356 Feb. 24
257.200 _____104
186.500
N ew ______________ no par
105
Jan. 10
8836 Sale 10536
8756 Feb. 2 10356 Feb. 24 104 Jan.
700 36
40
43
300
40
43
General Refractories_no par
45
43
Feb. 5
42 56 Feb. 21 43
Feb. 5 38 Jan.
31.500 4256 Sale
10.400
43 36 Sale
4236 Sale
41
Feb. 10 44
Feb. 1 40 Jan.
Gimbel Brothers_____no par
44J6 Jan. 28
3,910 104
2,410
10456 10236 Sale 10236 10336
7103
Feb. 2 10236 Feb. . 104M Jan. 11
Preferred_____________ 100
Sale
20
87.900 2056 Sale
32.100
1856 Sale
Glidden & C o ________ no par
1856 Feb. 1 2136 Feb. 8 1836 Jan. 26 2156 Jan. 3
4436 Sale
35.800 43
26,000
4336 Feb. 1 4736 Feb. 9 4236 Jan. 29 47 36 Feb. 9.
Gold Dust certifs____no par
4336 4336 Sale
5456 Sale
113.400 4256 Sale
69.000
Goodrich (B F )______ no par
4856 Feb. 1 5556 Feb. 14 42 56 Jan. 3 5556 Feb. 14
4836 Sale
Sale
Sale
98
Sale 100
Preferred_____________ 100
Jan. 3_ 100
Feb. 28
3.400 95
1,600
9736 Feb. 1 100 Feb. 28 95
Sale 10636 Feb. 5 108 Feb. 28 105 Jan. 7(108
Feb. 28
2,200 10436 10536 107
Goodyear Tire pr pf w 1..100
1,200
10736 108
99 Feb. 2 10236 Feb. 28 9836 Jan. 27; 10236 Feb. 28
6,800
Preferred_____________ 100
11,600 9956 Sale
9936 Sale 10236 Sale
Gotham Silk Hosiery.no par
66
Sale
36.000 6036 Sale
22.400
67' Feb. 24
Feb. 24 57 56 Jan.
6256 Sale
6236 Feb. 4 67
16.500 6036 6036 6236 Sale
10.000
New_______________no par
66
Sale
6756 Feb. 24
6256 Feb. 7j 6756 Feb. 24 58 Jan.
5,600
10836 Feb. 2
4,600
Preferred new________ 100
10556 Sale 10756 Sale
L10836 Feb. 2 104 Jan.
% Sale
1 Feb. 1
si 6 Feb. 1! 1 Feb. 1
42,135
2,225
R ights_______________
56 Jan.
Sale
3,900
956 Jan. 13
6.000
956
936
836 Feb. 17 936 Feb. 7
Gould Coupler “ A ” _____
836 Feb.
836
936 10
Sale
114.100 35
79.700
3256 Sale
Granby Cons M S & P ..1 0 0
3836 Feb. 24
3136 Feb. 91
_ 3836 Feb. 24 3136 Jan.
3656 Sale
128.700 10936 Sale 11256 Sale 11836 Sale
Jan.
Great Western Sugar_____25
11936 Feb. 28
71.700
8 11936 Feb. 28 109
121
Sale 117
118
3,170
1,530
L1636 Feb. 26 121
Feb. 1 11636 Feb. 26 12156 Jan. 17
Great Western Sugar preflOO
Sale
33
37.100 3036 Sale
30
Feb. 2| 3356 Feb. 28 2936 Jan. 27 33 56 Feb. 28
18.100
Greene Cananea Copper. 100
2956 30
Jan. 4
8
Jan. 25 10
9
7.700
2.700
856 Feb. 2! 936 Feb. 21
Guantanamo Sugar__ no par
8 36
836
856
936
936
Sale
320 86
100
Preferred_____________ 100
96 10O
96
95
96
Feb. 28 10036 Feb. 18 95 56 Jan. 24 10036 Feb. 18
56
Sale
Feb. 28
Sale
44.100 5436 Sale
64
31,300
Gulf States Steel_______ 100
5456 Feb. 10 64 Feb. 28 53 Jan. 4 64
Feb. 19
103 Feb. 2 106 Feb. 19 9956 Jan. 7 106
370 9936 10136 102 103
200
First preferred_______ 100
10536 107
Jan. 19
Jan. 31 67
6014 Sale
56 Feb. 31 61
Feb. 21 56
2,545 5736 60
950
Hanna 1st preferred_____100
5636 60
Jan. 8
Sale
25 Feb. 19 27 Feb. 14 25
Jan. 22 27
1,520 2636 Sale
26
620
Hartman Corp Class A nopar
2556 27
16.800 2636 Sale
10,800
Class B ___________ nonpar
2436 Sale
2336 Feb. 9 2656 Feb. 28 23 36 Feb. 9 26 36 Jan. 3
2656 Sale
Sale
21 % Sale
28,066 20
15,466
Hayes Wheel________ no par
1636 Sale
1536 Feb. 15 2256 Feb. 25 1536 Feb. 15 2256 Feb. 25
104
Feb. 24
Feb.
710 10136 104
100
Sale 10136 10336
104 Feb. 24 100 Feb.
210
Preferred_____________ 100
79
Sale
Feb.
Sale
86
Feb. 28
86
Feb. 28 7636 Jan.
2.500 75
80
79
86
1.700
Helme (G W )___________ 25
Sale
80 117
127
Feb. 28
127 Feb. 28 11836 Jan.
70
------- 11736 12336 127
Preferred_____________ 100
15.000 23
Sale
22
Feb.
11,800
3356 Feb. 15
3356 Feb. 15 22 Jan.
30 36 Sale
Hoe (R) & Co Class A .no par
2136 22
Sale
60
Sale
2,100 60
62
6336 Jan. 12
60 Feb.
61
Feb. 25 60 Jan.
61
900
Homestake Mining_____100
35.900 43 36 Sale
16,100
Household Products..n o par
4756 Sale
49 36 Feb. 8
4936 Feb. 8 4336 Jan.
4736 FeD.
48% Sale
Sale
297.000 62
76 Feb. _ 12036 Feb. 28 6036 Jan. _ . 12036 Feb. 28
239.500
Houston Oil of Texas____100
7656 Sale 12036 Sale
39
Sale
40,400 40
Sale
39 ‘4 Sale
37 56 Feb. 14 4036 Feb. 2 3756 Feb. 14 4036 Feb. 2
Howe Sound________ no par
20.700
1,801.600 55
Sale
807.800
Feb. 28
Feb. 28 4836 Jan. 24 67
Hudson Motor Car__ no par
5636 Sale
5536 Feb. 1 67
6656 Sale
21
Feb. 5 22 56 Feb. 25 21
98,600 2236 Sale
Jan. 17 2356 Jan. 10
22 Vs Sale
39,600
Hupp Motor Car Corp__ 10
2136 Sale
228.700 3036 Sale
29% Feb. 23 3256 Feb. 1 29 Jan. 3 3256 Feb. 1
126.800
Tndep Oil & Gas_____no par
3236 Sale
3036 Sale
Sale
3.500 15
1,000
Indian M otocycle___ no par
17
15
16
1536 Feb. 7
15
1456 Feb. 8 1536 Feb. 7 1456 Feb.
93
Jan. 21
Preferred_____________ 100
_____ 9336
92 Jan.
93
70 92
94
8
Sale
26,800
21,700
856 Sale
756 Jan.
Indian Refining_________ 10
1056 Feb. 1
836 Feb. 28 1056 Feb. 1
836 Sale
73,200
64,200
Certificates____________10
856 Sale
956 Feb. 3
836 Feb. 28 956 Feb. 3
7: Sale
756 Jan.
Jan. 20
107
200 100
Feb. 14 107
103 102 Feb. 14 102 Feb. 14 102
100
Preferred_____________ 100
102
10836 100
1.700 9556 Sale
Jan. 10 9556 Jan. 3
Feb. 7 92
93
600
94
9336 Feb. 25 94
92 36 94
Ingersoll-Rand N ew ____100
Sale
Feb. 15 4356 Jan. 3
41
Feb. 15 43
Feb. 18 41
18.00(1 4236 Sale
7,000
43
Inland Steel_________ no par
415 Sale
Jan. 3 I l l
Sale 106
300 111
Jan. 3
Preferred_____________ 100
111
11236 11236 113
Sale
Sale
24
41.300 25
32.300
Inspiration Cons Copper. .20
2156 Feb. 28 2456 Feb. 24 21: Feb. 28 2536 Jan. 12
2156 Sale
31,089 1236 Sale
18,289
Intercontin'l Rubber.no par
1236 Feb. 14 15 Feb. 28 1136 Jan. 3 15
Feb. 28
1456 Sale
1256 Sale
10 Sale
7,100 1036 Sale
4,200
Internal Agricultural.no par
936 Jan. 25 1056 Feb. 23
936 Feb. 1 1056 Feb. 23
956 1056
Feb. 14 6036 Jan. 26 65
Feb. 14
2,200 62 36 64
1,100
Prior preferred_______ 100
62
6336 6336 6436 63 Feb. 26 65
Sale
56
Sale
56 Feb.
6136 Feb. 21 53 36 Jan. 13i 6136 Feb. 21
66.700 5456 Sale
46,700
le t Business Machines no par
60
52
Feb. 17 4536 Jan. 21’ 52
Feb. 17
Internal Cement_____no par
49.300 5136 Sale
15.300
4756 Feb.
5156 Sale
4756 Sale
4,000 104 36 105
Preferred____________
103
Sale 10656 Sale 103 Feb. 1 10656 Feb. 28 10236 Jan. 21 10656 Feb. 28
2,900
Inter Combus Eng__ no var
691.400 4956 Sale ! 4656 Sale
520,000
45 36 Feb. 8 6236 Feb. 28 4336 Jan. 28 6236 Feb. 28
6156 Sale
Sale 141
Internat Harvester_____ 100
Sale _________
204,800 143
159,300
14056 Feb. .1 163 36 ____
Feb.__17 13556 Jan. 18 16336 Feb. 17
Preferred_____________ 100
Feb. 23
-01,12656 Jan. 12 128
Jan. 3
3,950- 127 36 Sale 12736 Sale 127 12756 127Feb. 11 12756
1,750
Internal Match pref_____35
41,8001 6336 Sale i 6336 Sale l 6236 Sale
19,8001
6236 Feb. 25 6456 Feb. 7t
“ 1 6236 Jan. 17 6456 Jan. 4
d New stock Issued on basis o f 3 shares o f new for each share




of old

stock,

« E s-dividend o f 5 0% in stuck.

Mar., 1927.]
STOCKS
a . Y . STOCK EXCHANGE

SALES TO M AR. 1
In
February.

Par Shares.
Intermit Merc Marine___100
30,400
Preferred_____________ 100
253.900
International Nickel_____ 25
127.900
Preferred_____________ 100
300
International Paper_____ 100
17.700
2,400
Preferred (7 )_________
70
International Salt______ 100
400
International Shoe__ no par
Int Tel & Tel__________ 100
117,800
Intertype Corn______no par
15,300
Island Creek Coal________ 1
130
Jewel Tea Inc___________100
14.600
700
Preferred_____________ 100
Jones Bros Tea Inc_____ 100
7.800
Jones & Laugh Steel pref.100
640
Jordan Motor Car___ no par
12,200
Kansas City Lt 1st pf.no par
1.000
Kajrser (J) & <jo new.no par
42.600
5,250
Pirst preferred new.no par
6,100
(Bond) rights___________
Stock rights_______1______
6.800
23.500
Kelly-Springfield Tire____25
100
Preferred 6 % ________ 100
1.700
Preferred 8 % ________ 100
Kelsey Wheel Inc_______ 100
1.700
70
Preferred_____________ 100
Kennecott Copper__ no par
180,400
5,600
Keystone Tire & R ub.no par
1,800
Kinney (G R )_______ no par
Preferred_____________ 100
850
Kraft Cheese_____________25
11.500
Kresge (S S) Co n e w ____ 10
39.700
Preferred_____________ 10C
460
Kresge Dept Stores__ no par
300
Preferred_____________ 100
Kress (S H ) & Co new no par
1,500
90
Kuppenheimer & C o______ 5
Preferred________________
60
Laclede Gas (St L ou is).. 100
5,450
Preferred_____________ 100
240
R ights__________________
3.300
Lago Oil & Transport.no par
4.800
Lambert Co ctfs______no par
37.000
Lee Rubber & Tire__ no par
5.600
Lehn & Fink________ no par
9.300
Life Savers__________ no par
15.400
Lima Loco Works___
71,600
_______noJ par
pa:
Liggett & Myers Tob pf.100
600
New__________________ 25
8,400
B new_________________ 25
29.100
Liquid Carbonic ctfs_.no par
49.100
Loews Incorporated..no par
166,100
Loft Incorporated___ no par
19.500
Long Bell Lumber A .no par
2.300
Loose-Wiles Bis tr ctfs__ 100
5,200
First preferred_______ 100
200
2d preferred_________ 100
1,000
Lorillard (P) pref_______ 100
100
New__________________ 25
33.400
Louisiana Oil____________ nopar 75.500
i ,000
Preferred_____________ 100
Loulsv Gas & El A ctfs no par
24,200
Ludlum Steel____________ nopar 13.700

Since
Jan. 1.

Price
Jan. 3
1927.

Bid.
Shares.
38.900
6%
312.800 38
380.300 38%
1,000 104 %
54.700 5 5 %
8.800 96%
410 65
700 161
206.900 126%
16,000 19%
170
38.900 53)4
800 120
39.100 11%
1,140 117%
30.100 21
2,400, 113%
78.600 51 Vs
10,150 111
6,100

2,000

270
110

176
100

Sale
110

21%
66 %
7%.
35%
23
64%
125

Sale
Sale
Sale
Sale
Sale
Sale
126
103
Sale
Sale
Sale
Sale
Sale
Sale
120
170
Sale
Sale
Sale
96
Sale
Sale

101
101 ;

53
48
6%
42%
151%
118
150
117
32%
17
2 , 000 : 94
31,800: 23Vs
32,800. 28

Feb. 1.

Feb. 28.

Lowest.

RANGE SINCE JAN. 1.
Highest.

Lowest.

Ask. Sale Prices.
Ask. Bid.
Sale Prices.
6% Feb. 16 8 % Feb. 7
7% Sale
7%
38% Feb. 2 44% Feb. 7
38% 43% Sale
Sale
Sale
43
Feb. 21
40% Feb. 9 44
103
104% 104 Feb. 24 106% Feb. 2
Sale
Sale
54% Feb. 11 57% Feb. 23
56
99% Sale
Sale
99
Feb. 10 99% Feb. 14
Sale
66 Feb. 17 70
70
71
Feb. 4
162
165 160% Feb. 19 161% Feb. 23
161
Sale 129% Sale 124% Feb. 2 132% Feb. 21
21
Feb. 14 24% Feb. 23
Sale
23
21
Sale 234 242 215 Feb. 10 250
Feb. 17
55
Feb. 3 59% Feb. 9
55% 57% Sale
Sale 123% Feb. 4 125
124 124
Feb. 18
Sale
16% Sale
14% Feb. 8 16% Feb. 26
Sale 119% Sale 117 Feb. 2 119% Feb. 26
Sale
Sale
17% Feb. 25 20
18
Feb. 7
112
113
114 112 Feb. 10 114
Feb. 26
Sale
51
Feb. 21 56% Feb. 1
51% Sale
Sale 119% Feb. 1 121 % Feb. 10
Sale 121
1-16 Sale
1-16 Feb. 19 1-16 Feb. 14
% Feb. 19
% Sale
% Feb. 23
9% Feb. 4 11
10 % Sale
1 0 % Sale
Feb. 1
42
48% 45% Feb. 9 45% Feb. 9
48
45
Sale
43
44% 35 Feb. 2 45
39
Feb. 21
77 Feb. 15 80% Feb. 2
77
84
80
80
113% 116% 113% 116 113% Feb. 8 113% Feb. 8
63% Sale
60 Feb. 9 64% Feb. 24
61 % Sale
% Feb. 8
% Sale
Vs Sale
% Feb. 7
Sale
21% Feb. 11 30
25
26
30
Feb. 8
Sale
Sale
80
Feb. 14 85
81
84
Feb. 3
Sale
61% Sale
55
50
Feb. 10 62% Feb. 25
Sale
49
47% Feb. 7 50% Feb. 1
49% Sale
105
112% 112% Sale 110% Feb. 9 1 1 2 % Feb. 28
16
16 Feb. 23 17% Feb. 8
17
17% 19
70
80
Sale
63
60 Feb.
57
60
63
Feb. 28
38
39% 36 Feb.
34
36
37% Feb. 18
103% 108
105 Feb.
105
106
Feb. 10
Sale 177% Feb.
180 Sale 186
189% Feb. 23
Sale 111% 115
98 Feb.
98
128 Feb. 24
5% Feb.
5% Sale
5% Feb. 1
21 % Sale 21% Sale 20% Feb.
2 2 % Feb. 2
66 % Sale 70% Sale 66% Feb.
71% Feb. 10
7 Feb.
7% Sale
7% Feb. 14
7% Sale
35% Sale
Sale
35% Feb.
36
37% Feb. 14
24% Sale
22% Feb.
23% Sale
24% Feb. 17
72
Sale
Sale
63
Feb.
63
74% Feb. 11
Sale 127 Feb. 24 129
130 127
126
Feb. 18
92% Sale
87% Feb. 10 101 % Feb. 1
101)4 Sale
92
99% Sale
Sale
86% Feb. 10 100
Feb. 7
54% Sale
53% Feb. 25 59% Feb. 14
53% Sale
54% Sale
52
Sale
50% Feb.
59% Feb. 23
6 Feb.
6 % Sale
7% Sale
7% Feb. 9
Sale
40% Feb.
41% Feb. 7
40% 40% 41
159% Sale 160% Sale 158% Feb. 7 173% Feb. 26
118 Feb. 2 ;ii9
118
Feb. 24
118% 118
170 160 Feb. 4,169% Feb. 26
165 155
150
116% 117 Feb. ‘ 117
117% 114
117
Feb. 9
29% Sale
30% Sale
27% Feb.
31
Feb. 10
15% Sale
15% Feb.
16% Sale
16% Feb. 1
95% 97
95
Feb.
95% 97
97
Feb. 5
Sale
26
24% Feb.
24 Vs Sale
26% Feb. 25
26% Feb.
27% Sale
30% Sale
30% Feb. 28

Ask Bid.
7
7%
Sale
38%
Sale
41
106
Sale
56%
Sale
99%
70
70
163)4 157
Sale 125
2 1 % 19%
220
55
Sale
120
125
14%
Sale
117 Vs
120
Sale
19%s
Sale 112
Sale
56%
113
119%

6.800
41.700 10 % Sale
52
500 48
2,800 44% 48
3,500 80% 86
95 116% 121 %
275.300 61% Sale
11.100
Vs Sale
5,100 42% 46%
1,980 84 % 84%
18,000 57 Vs Sale
139.000 54% Sale
113%
560 112
21
2.300 19
85
300 80
6,250
840
12.700
7.300
56,200;
7,600’
20,000
20.500
83.800
1,900
13.500
72.700
74.100
336.800
45.600
6,800
12,200
500
1.300
700
48,200
260.700

PRICES I N FEBRUARY.

McCrory Stores______ no par
82
6 Sale 60 Feb.
880
62 % Sale
1,440- 74
63% Feb
McCrory Stores, cl B .no par
6
Sale
64
Sale
7,750 75% Sale
1,850
60 Feb.
65% Feb
Preferred_____________ 100
10
1.300
1 00% 100
Feb.
1,825|
101
Feb
5
McIntyre Por Mines______
2
Sale
10.600 25% Sale
7.800
25 % Sale
25% Feb.
27% Feb
127% 121
Mackay Companies_____100
Sale 127; Sale 120 Feb.
6,600 126
3.900
127% Feb
Preferred____________ 100
74
3.300 71
1,000
71% 71% 71- Sale
71% Feb. 81 71 % Feb
Mack Truck Inc_____ no var
95
Sale 105% Sale
648,100! 97 % Sale
273,400
92% Feb. 5 106% Feb
1st preferred_________ 100
2,200' 1 1 0 % Sale 108 109
700
109 110 109 Feb. - 109% Feb
2d preferred_________ 100
106
700 103
400
104 Sale 104% Sale 104 Feb.
104% Feb
Maey----------------------- no par
7,000
16.800 125% Sale 138
Sale 137% Feb.
Sale 140
142% Feb
Magma Copper______no par
23.500
115.900 35
35 % Sale
29% Feb.
35% Feb
35% 34% Sale
Malltnson(H R)& O o.no par
7.400 15 Sale
3.600
13% Sale
13 Feb.
15% Sale
15% Feb
Preferred_____________ 100
100
67
71
68% Feb.
100
70
72
68% Feb,
Manati Sugar___________100
Sale
700
40
45
45% Sale
45
Feb.
3.300 41
46
Feb
Preferred_____________ 100
76
Sale
75
Sale
2,600’ 72% 73
1.300
74% Feb.
77
Feb,
Manhattan El Supp_.no par
54
Sale
64% Sale
54
Feb.
55,300! 56% Sale
46.700
65
Feb
Manhattan Shirt________ 25
13.100 25% Sale
10,800
27% Sale
25% Sale
25
Feb.
28% Feb,
Manila Electric Corp.no par
1.400 38% 40
700
41
43
40
46
43
Feb.
44
F eb,
Maracaibo Oil Expl__ no par
8,700
44.100 18% 18% 20% Sale
19
19% 18% Feb.
21% Feb,
Marland Oil_________ no par
57% Sale
548,900! 57% Sale
271,700
56% Sale
56% Feb.
Marlin-Rockwell_____no par
68,800! 26
40.700
35
Sale
31
Sale
27
Feb.
30% Feb. 2 38
Martin Parry Corm__.no par
7.500 21% 21J 21
4.900
22% 23% 21
Feb. 2 24% Feb.
22
Mathieson Alkali Wks.no par
93
Sale
25.600 83% Sale
19.000
86% Sale
Feb. 7 95% Feb.
86
Preferred_____________ 100
120
Feb. 4 106
270
Feb.
100% 105 1 0 6 % ------ 103
May Dept Stores new___ 25!
70% Sale
68
Feb. 11 71
Feb.
45,500 67% 69 % 68% Sale
32.000
Preferred_____________ 100
40 124% 125% 125% 125% ,1 2 5 % ------ 125% Feb. 21 125% Feb.
Rights___________________
1% Sale 1 1% Sale
1 % Feb. 1 1% Feb.
30,564
5,880
1% Sale
Maytag C o__________ no par
27% Sale
128,100; 23% Sale
50.600
26% Sale
25% Feb. 17 28
Feb.
Metro-Golawyn Pic pref. .27
9.200 24% Sale
2.900
26
Sale
25% Sale
24% Feb. 4 26% Feb.
Mexican Seab'd Oil__ no par
7% Sale
25,100!
14,700
7% Sale
8%
8%
6% Feb. 10 9% Feb.
M
Miami Copper___________ 5
20.600
36,300’ 16% Sale
16 % Sale
15% Sale
14% Feb. 8 16% Feb.
M id-Cont’l Petrole’m.no par
168.900
464,700, 35 Vs Sale
35% Sale
38% Sale
35% Feb. 23 38% Feb.
Preferred_____________ 100
2 , 100 ! 103% 104% 103% 105
800
103,% Sale 103
Feb. 16 105
Feb.
Middle States Oil________ 10
428,0001
215.600
2% Sale
2% Sale
2% Feb.
3% Feb.
1% Sale
Certificates____________10
1% Sale
1% Sale
37.100
19.600
1% Feb. 1| 2% Feb.
1% Sale
Midland Steel Prod pref.100
112
111
Sale 115% 118 110% Feb. 10 119% Feb
5,300; 110
3.900
Miller Rubber ctfs. .1 .no par
33% Sale
34
Sale
32% Feb. 28
“ 36% Feb.
9,100 33% 36
5.300
Montana Power________ 100
82
S a le
2 4 .8 0 0
20,000
87
Sale
82% Sale
82% Feb. 1 89% Feb.
Preferred_____________ 100
3oo; 117
100
1 1 8 % ------ 120
122 119% Feb. 21 119% Feb.
Montgomery Ward & C o . 10
211,800
377.700 67% Sale
66
Sale
62% Sale
60% Feb.
68% Feb.
Moon Motor Car_____no par
Sale
31,900; 12
7.000
Sale
9 Feb.
10
1 0 % 10
10% Feb.
Mother Lode Coali__ no par
4% Sale
34,500'
17.500
4%
45 - 4% Sale
4
Feb.
4% Feb.
Motion Picture C orp..n o per
6.300
12,700, 12 % Sale
11% Sale
12% Sale
9% Feb.
12% Feb.
Moto-Meter Class A _______
16.800 34% Sale
9.900
34
Sale
36% Sale
34 Feb
37% Feb.
Mator Wheel tern ctfs.no par
7.200
22% Sale
29.000 2 0 % Sale
22% Sale
Feb
22% Feb.
Mullins Body________ no par
3.700
2,500
12
Sale
11
9 % 11 % 10
Feb.
12% Feb.
Preferred_____________ 100
450
8 8 % 78
470
80% 85
80
Feb.
80% Feb.
Munsingwear________ no par
Sale
7.900 37
800
39%
38
38% 38
Feb.
39% Feb.
Murray Body ctfs new _ _
101.500
100.600
31
Sale
38% Sale
Feb.
43
Feb.
Nash Motors C o_____no par
573,400 69% Sale
177.100
69
Sale
66% Sale
64% Feb.
69% Feb.
National Acme stam ped..10
6.300
1,800
6 % Sale
5%
6%
4%
5
5 Feb.
5% Feb.
National B iscuit________ 25
Sale
62.700 98
18.900
98% Sale
96% Sale
95% Feb.
99% Feb.
Preferred_____________ 100
Sale 131% Sale 131
1.200
2.900 132
Sale 131
Feb.
133
Feb.
Nat Cash Regis A w l.nopar
19,400
48.600 4 0% Sale
41% Sale
40
Sale
40
Feb'.
41% Feb.
Natl Cloak & Suit______ 100
62.500
65.900 2 0 % Sale
31 % Sale
20
Sale
19 Feb.
35% Feb.
Preferred_____________ 100
62
Sale
17.200 65
15.600
89
Sale
69
62
Feb.
93% Feb.
Nat Dairy tem ctf____no par
135.700 70Vs Sale
53.300
Sale
76% Sale
76
75% Feb.
78
Feb.
National Dept Stores.no par
8.200 26% 27
3,800
27
Sale
Sale
25
24% Feb.
27
Feb.
Preferred_____________ 100
300
Sale
700! 92
94%
91% 92% 92
91
Feb.
92
Feb.
Nat Distill Prod v t c.n o par
105,700
113,000 19% Sale
24% Sale
18% Sale
17 Feb.
27% Feb.
Preferred______________nopar 13.000
16.000 43
43% Sale
53% Sale
4 6%
43% Feb.
55% Feb.
Nat Enamel & StamD__ 100
30.100 24% 26
27.000
26% Sale
28% Sale
25% Feb.
30% Feb.
Preferred_____________ 100
2,800 81
2.000
84
82% 84 '4 83% Sale
81% Feb.
83% Feb.
National Lead_________ 100
15,800
22.500 165% Sale 164 Sale 176 Sale 160 Feb. 7,178% Feb.
Preferred_____________ 100
900
1,800 117% 118% 117
118
118
118% 117% Feb. 3'118% Feb.
Nat Power & Lt ctfs. .no par
72,200
144,800 2 0 % Sale
21 % Sale
20% Sale
19% Feb. 8 21% Feb.
National Supply_________ 50
54.700 82% Sale
37.100
92% Sale
94
Sale
89% Feb. I ll 95% Feb.
Preferred ____________100
190
390 114
114% 114% 114% 116
117
114% Feb. 2117
Feb.
National Surety________ 100
220
450
_____244
245
Sale 238 Feb. 19 245
Feb.
National Tea C o_____ no par
2.200 120 125 116 120 116 120 116 Feb. 9 117 Feb.
600
Nevada Consol Copper____5
81.100 14% Sale
40.300
14% Sale
14% Sale
13% Feb.
Feb.
15
N Y Air Brake______ no par
105,900! 42% Sale
89.000
43% Sale
46% Sale
42% Feb.
47; Feb.
New York Canners___no par
38,220! 21% Sale
22.500
19
20
17% Sale
13% Feb.
19% Feb.
Preferred_____________ nopar 3,200
3,600! 70
65
72
75
48% 51
48% Feb.
71
Feb.
6 After payment o f 300% stock dividend.




41

STOCKS-STOCK EXCHANGE KECOBD

Highest.

Sale Prices.
Sale Prices.
6% Jan. 4 8% Feb. 7
37% Jan. 6 44% Feb. 7
38% Jan. 3 44
Feb. 21
104
Feb. 24 106% Feb. 2
53% Jan. 3 60% Jan. 10
96% Jan. 3 99% Feb. 14
65 Jan. 5 72 Jan. 21
160 Jan. 21 161% Feb. 23
122% Jan. 25 132% Peb. 21
19% Jan. 31 24% Feb. 23
215
Feb. 10 250
Feb. 17
53% Jan. 3 59% Feb. 9
123% Jan. 28 125
Feb. 18
10% Jan. 3 16% Feb. 26
117 Feb. 2 119% Feb. 26
17% Feb. 25 22% Jan. 5
112 Feb. 10 114% Jan. 13
50 Jan. 4 57 Jan. 17
m % Jan. 12 121% Feb. 10
’ -16 Feb. 19 9-16 Feb. 14
% Feb. 19
% Feb. 23
9% Jan. 27 11% Jan. 10
44
Jan. 19 48 Jan. 10
FeD. 2 45
35
Feb. 21
77 Jan. 26 85 Jan. 4
113% Feb. 8 116% Jan. 5
Feb. 9 64% Feb. 24
60
% Jan. 3
% Feb. 7
Jan. 5
21% Feo. 11 45
80
Fob. 14 86% Jan. 14
50
Feb. 10 62% Feb. 25
45% Jan. 28 55
Jan. 7
112% Feb. 28
14% Jan.’ 29 17% Feb. 8
74
Jan. 31 80 Jan
4
59 Jan. 28 63
Feb. 28
34 Jan. 22 37% Feb. 18
105 Jan. 22 106
Feb. 10
173% Jan. 27 189% Feb. 23
95 Jan. 5 128
Feb. 24
5 Jan. 12 6 Jan. 14
20% Jan. 13 22% Feb. 2
66
Jan. 28 71% Feb. 10
7 Jan. 4 7% Feb. 14
35% Feb. 17 37% Jan. 19
22
Jan. 7 24% Feb. 17
62 Jan. 6 74% Feb. 11
124% Jan. 27 129
Feb. 18
87% Feb. 10 102% Jan. 4
86% Feb. 10 102% Jan. 18
51
Jan. 5 59% Feb. 14
46% Jan. 4 59% Feb. 23
6 Feb. 23
7% Jan. 20
40% Jan. 15 42% Jan. 7
150 Jan. 18 173% Feb. 26
118 Jan. 4 119
Feb. 24
158% Jan. 18 169% Feb. 26
117 Jan. 25 118% Jan. 13
27% Feb. 24 32% Jan. 3
15% Feb. 21 18% Jan. 5
95 Jan. 10 97
Feb. 5
23% Jan. 3 26% Feb. 25
26% Jan. 12 30% Feb. 28

60
Feb
75
Jan. 4
58 Jan,
75% Jan. 3
100 Feb
116% Jan. 4
25% Jan.
27% Feb. 28
120 Jan.
127% Feb. 25
70% Jan.
72
Jan. 27
88% Jan.
106% Feb. 28
109 Jan. 25!111
Jan. 4
26 102 Jan. 18 104% Feb. 26
17 124 Jan. 6 142% Feb. 17
24 29% Feb.
35% Feb. 24
Feb.
9 13
16
Jan. 5
11 68% Feb.
68% Feb. 11
Jan.
7 41
46
Feb. 7
Jan.
23 72
77
Feb. 23
28 53% Jan.
65
Feb. 28
26 24% Jan.
28% Feb. 26
7 40 Jan.
44
Feb. 7
5 18 Jan.
22% Jan. 18
15 55% Jan.
58% Jan. 17
9! 27 Jan.
38
Feb. 9
24! 20% Jan.
24% Feb. 24
25 82 Jan.
95% Feb. 25
8 .03 Jan. 7; 106
Feb. 8
.IT\
. . 67% Jan. 27 71
Feb. 17
21! 124% Jan. 4 0 2 5 % Feb. 21
1 Jan. 29! 1% Feb. 17
17
5 23% Jan. 15 28
Feb. 5
21 24% Jan.
26% Feb. 21
6% Feb.
16
9% Feb. 16
28 14% Feb.
16% Feb. 28
34% Jan.
39% Jan. 21
3 103 Jan.
105
Feb. 3
1% Jan.
3% Feb. 8
1% Jan.
2% Feb. 8
110 Jan.
119% Feb. 17
31% Jan.
36% Feb. 14
81 % Jan.
89% Feb. 26
118% Jan.
119% Feb. 21
60% Feb.
68% Feb. 24
8% Jan.
12% Jan. 5
4
Feb.
4% Jan. 3
9% Feb.
13 Jan. 17
33% Jan.
37% Feb. 3
20% Jan.
24% Jan. 7.
10 Jan.
12% Feb. 21
80 Jan.
80% Feb. 8
37
Jan.
39% Jan. 11
30% Jan.
43
Feb. 23
63
Jan.
73% Jan. 5
5
Feb.
6% Jan. 7
94% Jan.
101% Jan. 10
130 Jan.
133
Feb. 11
39% Jan.
42
Jan. 22
18 Jan.
35% Feb. 21
61
Jan.
93% Feb. 21
70% Jan.
78
Feb. 10
24% Feb.
27
Feb. 28
91
Feb.
94% Jan. 10
17
Feb.
27% Feb. 16
43% Feb.
55% Feb. 21
24% Jan.
30% Feb. 28
81
Jan.
83% Jan. 28
160 Jan. . 178% Feb. 25
117% Feb. 3 118% Jan. 8
19% Jan. 28 22
Jan. 6
: 82% Jan. 3 95% Feb. 18
1114% Jan. 14 117
Feb. 10
238
Feb. 19 247
Jan. 19
114% Jan. 111118 Jan. 6
13% Feb. 10 15 Jan. 3
40% Jan. 8 47% Feb. 11
13% Feo. 16 21% Jan. 3
Jan. 13
48% Feb. 14* 72
3
2

9
28
25,
16
28|




STOCKS—STOCK EXCHANGE RECCED
I
SALES TO M AR. 1.1
In
February.

Since
Jan. 1.

Shares.
7,800

Shares.

1,0 0 0
200

4,100
10

142,200
3,900
2,600
230
42,500
300
49,500
2,20 0

14,700
300
30,500
12,900
300
11,700
780
1 2 ,6 C0
2,700
4,000
100

12,300
80
18,100
26,524
10

43,600
80
40
70,200
14,800
6,700
121,500
12,300
11,900
100

11,800
39,000
20,700
52,700
7,100
31,600
200

15,300
700
300
60,400
6,800
60
2,700
1,400
200

113,700
900
300
300
6 ,10 0

320,700
6,600
60
76,500
8,000
12 ,0 0 0

800
40,500
2,083
2,900
300
500
140
60
50
700
48,200
129,200
5,000
237,900
19,440
600
900
92,000
1 ,10 0

700
2,800
1 ,1 0 0

47,400
11,300
379,300
400
12,800
27,300
300

303,600
4,100
620
6 ,10 0

61,100
1,400
500
5,300
1 1 0 ,1 0 0

1,340
2,380
18,500
87,000
3,900
3,700
47,300
400
27,800
13,500
34,900
1.700
23,900
800
3,100
99,800
11.400
20,800
1,300
93,300
300
140
6,500
61,500
28,700
400
217,800
6,600
221,900
6,000
200

26,100
140

Price
Jan. 3
1927.

Bid.
11,0 0 0
34%
2 ,10 0
76
200

PRICES I N FEBRUARY.
Feb 1 .

Feb. 28.

Ask. lid.
34% 37
73% 75
94
Sale
28%
113% .13ys
Sale
50%
Sale
50 %
Sale
97 Vs
50
50
Sale
5
14
12%
32% 35
Sale 103
Sale
13 %
88
84
59
66%
Sale
33%
10514
108 %
130
109 %
110
Sale
8%
62% 68
55
59
106
Sale
79%
116 116%
Sale
3214
%
46% 41
1%
1%
1%
135 134
111
108
34%
34% Sale
10%
1 0 % Sale
Sale
62%
64
63%
64% Sale
33%
36% Sale
15%
15% Sale
72%
72
78
24%
2 0 % 21
7%
6 % Sale
Sale
41
40
26%
24% Sale
28%
27% 28
2 1 % 2 1 % 22%
102
10 0 %
Sale
36%
36
Sale
99
99
14
12%
12
1
% Sale
128% 128% 131

Ask. Bid.
35% 33%
72
77
93%
29
28
114% 113%
Sale
47
51% 50%
Sale
98%
48
Sale
4
15
13
Sale
31
104
109
Sale
12 %
90
86
Sale
58
Sale
33%
108
106
Sale 129%
1 1 1 % 108
Sale
8
Sale
62
Sale
52
104
Sale
78%
117
115%
32%

7,200 28%
130 113
284,200 46%
7,700 51
11,0 0 0
96%
360
45,900
4%
600 13
54,400 33%
5,350 108%
27,900 13%
525 89
31,400 59%
43,300 30%
600 103
24,800 127%
1,405 108%
20,600
8
4,100 66
6,700 55%
200 106
23,300 78%
255 113%
26,500
30,424
190 40
60,100
1 % Sale
480
370
123,200 36% Sale
26,500 11% Sale
33,575 61 % Sale
286,425 63% Sale
28,600 35% Sale
37,700 14% Sale
1,0 0 0
6 8 % 75
14,100 23
Sale
53,400
6 % Sale
42,800 41
Sale
57,400
26,100 28
Sale
39,400 21% Sale
300 101
43,200 38% Sale
4,100 99% Sale
2,500 11
14
% Sale
91,500
10,600 127% Sale
60
Sale
4,700 86
4,110 49% 50
230 39
Sale
198,100 47
2,900 44% 46%
Sale
600 47
300
37,100 38% Sale
Sale
637,200 56
11,2 0 0
36
44
320 102% 103
164,700 22% Sale
31,400 102% Sale
21,900
%
%
3,300 15
17
3% Sale
75,100
36%
Sale
4,280
3,703 73
75
1,400 100
102
40
44
2,20 0
140
60
50
7,900 87
134,800 98 % Sale
40% Sale
212 ,0 0 0
7,300 78
79
367,400 17% Sale
25,465 37% 38
600
1,600 124
193,700 32% Sale
2,500 109% Sale
99% 1 0 0 %
1 ,1 0 0
8,500 1 0 2 % Sale
1,600 113% 116
168,500 188% Sale
Sale
27,500 46
548,100 27% Sale
1,300 111
113
18,600 47% Sale
34,600 41% Sale
S a le
1,0 0 0 1 02
630,100 53% Sale
8,800 51 % Sale
1,320 38% 40
9,500 15% 1 '%
Sale
95,200 45
400 93% 99
3,400 38% Sale
600 98
99%
8%
8,300
9%
75
100
80
239,100 117% Sale
114%
1,860 106
114
3,120 1 12
85,300 1 1 % Sale
Sale
148,700 57
8,700 96% Sale
4^
5
9,100
105,100 1 2 0 % Sale
80
3,030 77
42,200 52% Sale
30,100 41% Sale
52,400 52% Sale
72
4,300 71
Sale
58,900 49
120
1,0 0 0 118
5,600 13% Sale
167,600 53% Sale
2 % Sale
28,200
30,100 58% Sale
3,600 44% 4 5 %
Sale
174,400 29
Sale
1,700 108
230 106% 1 10
14,500 58 % Sale
168,900 2 0 % Sale
Sale
52,700 34
2,230 107
107%
449,100 19% Sale
15,900 96
98%
337,200 35% Sale
129
11,600 127
910 104
107
Sale
64,900 165
470 1 2 2 % 123

84
50%
40
42
41%
48
76%
37%
56%
42%
10 1%
20%
91%
%
14
3%
34
71

85
Sale

38
80

Sale
42%
49%
85
38
Sale
43
104%
Sale
Sale
Sale
17
Sale
36
73%
Sale
40
84

11%

20

82
98
41
82%
24%
45%

Sale
Sale
Sale
Sale
Sale
Sale

10 1

130
Sale
109%
99%
Sale
115
Sale
Sale
Sale
112
113
47% Sale
43% Sale
10 2 % 104
52% Sale
50% Sale
42% 42%
15
15%
45% Sale
92
99
38% 40
99
99%
Sale
8
70
75
134% Sale
116
114
Sale
114
1 1 % Sale
60% Sale
100
99
4% Sale
1 2 2 % Sale
78
80
51% Sale
Sale
41
Sale
55
67
63
48% Sale
116% 120
1 2 % Sale
52% Sale
3% Sale
58% Sale
46
45
30% Sale
108%
108
108% 108%
57% 58%
2 1 % Sale
35% Sale
Sale
108
2 1 % Sale
1 0 1 % Sale
35% Sale
124
126%
106
108
Sale
161
1 2 2 % Sale

125%
33%
109
98%
103%
114%
186
43%
28%

22

90
51%
40%
44%
44%
52
83
37%
58
45%
104
22%
93
%
14
3%
34
71
98%

98%
54
81
28%
47%
56
127%
35%

110

100
103%
114%
182%
44
33%
112
52%
53%
101

54%
52%
42%
15%
47%
92
42
97%
7
_____
156%
112%
114%
11%
72%
102%
4%
100%
80
51%

116%
12%
55
3
64%
46%
30%
107%
106
61
21%
39%
109
21
102%
36%
132
108
173
120

Ask.
Sale
Sale
_____
Sale
ii4
Sale
Sale
98
Sale
Sale
13
Sale
Sale
Sale
85
Sale
Sale
10814
Sale
Sale
Sale
7014
60
115
Sale
117
Sale
Sale
Sale
Sale
136

Lowest.

(A
RANGE S i m

Highest.

Lowest.

Sale Prices.
Sale Prices.
Sale Prices.
34 Feb. 3 38% Feb. 28 34
Jan. 14
72% Feb. 9 75
Feb. 26 72% Feb. 9
93% Feb. 9 93% Feb. 9 93% Feb. 9
28
Feb. 8 28% Feb. 21 27% Jan. 31
113% Feb. 25 113% Feb. 25 112% Jan. 4
46% Feb.
50% Feb. 25 45% Jan. 14
50% Feb. 5 51
Feb. 14 50 Jan. 10
97
Feb. 19 99% Feb. 3 96% Jan. 6
48
Feb.
50% Feb. 15 47% Jan. 15
4
Feb. 5 5% Feb. 10
4 Jan. 31
13 Feb. 15 13 Feb. 15 13 Jan. 19
33
Feb. 3 40% Feb. 7 31 % Jan. 28
102% Feb. 26 107% Feb. 7 102% FeD. 26
12 Feb. 11 13% Feb. 25 12
Feb. 11
82% Feb. 18 87 Feb. 4 81
Jan. 19
58% Feb. 8 67% Feb. 28 58% Feb. 8
32% Feb. 10 34 Feb. 15 30% Jan. 4
106% Feb. 3: 107 Feb. 10 105 Jan. 20
103
Feb. 2 108% Feb. 3 103
Feb. 2
108 Feb. 16 110 Feb. 25 108 Feb. 16
7% Feb. 10 8 % Feb. 25
7% Feb. 10
61% Feb. 8 67 Feb. 15 61% Feb. 8
55 Feb. 14 61
Feb. 23 52% Jan. 24
107% Feb. 23 107% Feb. 23 107 Jan. 27
78 Feb. 2 80% Feb. 4 75% Jan. 18
115% Feb. 7 117 Feb. 14 115 Jan. 12
31
Feb. 18 32% Feb. 28 31
Feb. 18
% Jan. 14
% Feb. 5
% Feb. 28i
41
Feb. 28 41
Feb. 28 39 Jan. 31
1% Feb. 28
1 % Feb. 5'
1% Feb. 28
135 Feb. 5 35 Feb. 5
Feb. 5
___ 108% Feb. 16 11 Feb. 19 135
107 Jan. 26
Sale
34% Feb. 2
Feb. 14! 34 Jan. 25
Sale
9% Feb. 9 10% Feb. 3
Feb. 9
Sale
62% Feb. 28 64% Feb.
60% Jan. 6
Sale
63
Feb. 28 65% Feb. _ 61
Jan. 3
Sale
31% Feb. 28 36% Feb. 5 31 % Feb. 28
15% 15% Feb. 7 17% Feb. 8 14
Jan. 5
74
74 Feb. 26 74 Feb. 26 70% Jan. 15
Sale
20
Feb. 11 25
Feb. 28 20 Jan. 27
Sale
6 % Feb. 1
7% Feb. 26
6
Jan. -3
Sale
37
Feb. 14 42% Feb. 25 37
Feo. 14
Sale
23% Feb. 10 27% Feb. 2 23% Feb. 10
27 Feb. 8 29% Feb. 7 26% Jan. 29
Sale
Sale
21% Feb. 5 24 Feb. 15 21
Jan. 17
Sale 101% Feb. 4 102 Feb. 28 101% Jan. 13
Sale
34% Feb. 14 37% Feb. 3 34% Jan. 29
99% 99 Feb. 1 99% Feb. 3 99
Jan. 4
14
12 Feb. 23 12 Feb. 23 10% Jan. 19
Sale
% Feb. 5 1% Feb. 14
% Jan. 3
Sale 128% Feb. 24 131% Feb. 28 126 Jan. 14
28
23
Feb. 23 23
Feb. 23 23
Feb. 23
86
Feb. 4 92 Feb. 24 85% Jan. 18
93
53
50% Feb. 1 53 Feb. 10 50 Jan. 6
Feb. 25 40 Jan. 12
42% 41% Feb. 25 42
41% Feb. 2 45% Feb. 28 41% Jan. 28
Sale
41% Feb. 21 44% Feb. 28 41 % Jan. 26
Sale
54
49
Feb. 10 50 Feb. 9 47 Jan. 3
Feb. 9 85
Feb. 9 85
89% 85
Feb. 9
38% 35% Feb. 24 39% Feb. 25 35% Jan. 26
Sale
56% Feb. 1 60% Feb. 16 54% Jan. 3
Feb. 7 47% Feb. 15 42 Jan. 7
46% 43
_____ 104 Feb. 15 104% Feb. 15 103 Jan. 5
Sale
19% Feb. 9 22% Feb. 14 18% Jan. 25
Sale
90
Feb.
94% Feb.
85
Jan.
Sale
% Feb. 7
% Feb.
% Jan. _
15
14% Feb. 23 15 Feb.
14% Feb. 23
3 Feb. 23 3% Feb.
3 Jan. 5
3%
33
Feb. 18 36% Feb.
35
33
Feb. 18
72
71
Feb. 7 72
Feb.
71
Feb. 7
Feb. . 98% Feb. 25
100% 98% Feb. 25 101
33% Feb. 24 35
Feb. 24 33% Feb. 24
36
81
80
Feb. 4 80% Feb. 15 80 Feb. 4
18 Feb. 2 18% Feb. 18 18
Feb. 2
18 Feb. 2 18 Feb. 2 18
Feb. 2
Feb. 1 79
79
79 Feb. 11 82
Feb. 11
97% Feb. 8 100
Feb. 10 96% Jan. 4
Sale
Sale
Feb. 16 36% Feb.
36% Feb. 5 56
76% Feb. 5 86
Feb. 17 76% Feb.
84
Feb. 10 16% Jan.
24% Feb. 1 32
Sale
Sale
43% Feb. 17 50 Feb. 9 36% Jan. _
Feb. 23 55
55
Feb. 14 57
58
Feb. 14
Sale 125% Feb. 15 127% Feb. 28 125
Jan. 10
Sale
33% Feb. 4 35% Feb. 25 32
Jan. 6
110% Feb. 16 108% Jan. 5
110% 109% Feb.
Sale
98% Feb. 19 100% Feb. 24 98% Feb. 19
Sale 102% Feb. 4 105% Feb. 24 102 Jan. 4
Sale 114% Feb. 5 115 Feb. 21 113% Jan. 18
Sale 182 Feb. 28 187% Feb. 2 181% Jan.
Sale
43% Feb. 1 45% Feb. 4 41 % Jan. 26
28% Feb. 10 33% Feb. 28 27% Jan. 3
Sale
112% Feb. 10 113 Feb. 24 111% Jan. 11
114
47% Feb. 1 54 Feb. 21 46% Jan. 20
Sale
Feb. 23 41% Jan. 3
Sale
43% Feb. 3 57
102% Feb. 14 103% Feb. 5 101 % Jan. 8
105
Sale
49% Feb. 8 56% Feb. 10 47% Jan. 24
50% Feb. 1 53
Feb. 28 50% Feo. 1
Sale
41% Feb. 24 42% Feb. 16 40
Sale
Jan. 5
14% Feb. 7 15% Feb. 25 14% Feb. 7
Sale
Sale
41% Feb. 7 48% Feb. 23 39% Jan. 25
99
91
Jan. 29
Feb. 18 38% Jan. 24
Sale
Feb. 4 43
39
Feb. 16 99 Jan. 24
97% 99% Feb. 5 100
Sale
7 Feb. 25 8 % Feb. 15
7 Feb. 25
75
73% Jan. 25
160% Feb. 8 112% Jan
Sale 132% Feb.
117% Feb. 10 110 Feb.
Sale 110 Feb.
Feb. 10 111
119
Sale 113% Feb.
Jan.
1 2 % Feb. 10 10% Jan
Sale
10% Feb.
73
Feb. 28 56% Jan.
59% Feb.
Sale
1 0 2 % Feb. 23 96% Jan.
Sale 100 Feb.
4% Feb. 11
Sale
4 Feb.
4
F e b . __
123% Feb. 17 z98% Feb. 24
Sale 298% Feb.
Feb. 9 74
78 Feb.
79
Jan. 13
83
54% Feb. 9 50% Jan. 25
Sale
50% Feb.
Feb. 28 40% Feb. 15
Sale
42
40% Feb.
Feb. 24 52% Jan. 3
Sale
55
Feb.
62
64 F eb.
68% Feb. 25 61% Jan. 28
67
Feb. 5 47
Sale
49
47
Feb.
Jan. 18
119 Feb. 7 116% Jan. 22
117% 118% Feb.
1 2 % Feb. 5 12% Feb. 10
13
12% Feb.
56% Feb. 25 51
Sale
52% Feb.
Jan. 17
2% Feb.
3% Feb. 11
2% Jan.
3%
66% Feb. 23 56% Jan.
Sale
58% Feb.
47% Feb. 10 44% Jan.
47% 45% Feb.
Sale
30% Feb.
31% Feb. 7 28% Jan.
108% Feb. 16 107% Jan. 27
108% 108% Feb.
108% Feb. 3 105% Feb. 18
107% 105% Feb.
Sale
57% Feb.
61% Feb. 28 0 6 % Jan. 12
2 2 % Feb. 16 19
Sale
21% Feb.
Jan.
Feb. 25 33% Jan.
40
35
Feb.
Sale
no Feb. 10 107% Jan.
109% 108 Feb.
2 2 % Feb. 15
Sale
20% Feb.
19 Jan.
Sale 100% Feb.
103 Feb. 4 97
Jan.
34% Feb.
37% Feb. 21 34% Jan. *
Sale
132% Feb. 24 123% Jan. 20
Sale 126% Feb.
Feb. 7; 108 Feb. 7 107 Jan. 10
Sale 108
Sale 160 Feb. 1!176% Feb. 23 154 Jan. 25
Feb. 18 119 Jan. 6
126% 122% Feb. 1 125

28
26
9
5
17
25
7
25
15
10

19
7
5
6
10

28
24
10
18
14
25
15
23
23
4
14
19
19
17
7
8
19
4
6

19

20

24
17
17
28
26
19
2
8
15
28
13
13
24
14
28
23
24
10

25
3
28
24
9
10
16
15
24
3
3
4
24
13
3
7
18
25
15
18
2
5
14
16
17
10

9
23
28
25
16
24
24
21

3
3
28
24
21
23
5
10
28
16

22

23
8
18
16
10
25
8
10

10
10
28
23
13
14
21
9
5
24
4
3
7
3
25
10
23

10

7

10

15
28
16
25
10

20

31
21

24
2
?3

J8




STOCKS- STOCK EXCHANGE RECORD
SALES TO M AR. 1.
In
February.
Shares.
22,200
46,400
29,100
60
100
1,300
51,300
400
50,100
4,900
10,000
530
63,600
289,600
14,500
103,000
3,100
7,200
38,500
5,600
400
184,400
15,100
3,900
175,500
1,600
4,200
8,200
6,400
1,900
26,200
4,300
69,100
433,100
57,500
57
183,000
4,200
500
2,600
272,900
51,300
1,900
200,300
1,000
7,400
170
23,100
150,800
50,700
1,400
29,000
50
12,500
3,300
1,000
60
14,000
50C
800
112,100
500
56,800
25,900
200
6,600
160,000
300
59,100
323,600
5,300
7,800
1,500
650,100
353,100
8,600
2,100
1,900
600
18,700
23,100
400
200
18,600
133,800
24,300
19,900
9,300
3,200
6,300
300
100
20,800
100
2,570
250
9,600
13,600

Since
Jan. 1.
Shares.
58,800
69,500
56,900
190
300
1,800
70,000
500
92,200
11,500
12,900
i ,270
134,200
895,400
44,777
269,900
9,800
17,600
64,800
10,600
600
401,600
94,400
12,200
263,000
6,100
4,600
10,300
8,000
5,000
99,900
22,600
197,800
749,100
170,300
561
203,800
6,600
15,800
4,800
713,000
164,700
8,400
294,700
1,400
15,825
365
32,600
275,000
121,700
4,700
80,500
190
31,000
6,400
1,110.
70
27,800
500,
1,000
255,200
5,200
152,600
800
118,100
200
14,400
268,000
900
95,100
455,900
12,933
19,900
3,700
1,705,000
1,030,700
21,300
2,700
2,300
1,000
23,800

Price
Jan. 3
1927.
Bid.
31%
44
19%
103
10%
75
22
104
55%
57%
70%
85%
58%
38%
115%
32%
4%
91
65
48
119%
55%
3
31%
4%
24
12
5%
13%
12%
11

Ask.
Sale
Sale
Sale
106
14
79
22%
108
Sale
Sale
71
86
Sale
Sale
Sale
Sale
Sale
91%
Sale
Sale
120
Sale
Sale
32%
Sale
Sale
13
6
14
Sale
Sale

57%
49'%
15%
1750

Sale
Sale
Sale
1950

47%
27%
89
79%
109
114%
4%
15
46
120
43%
100%
55%
94
96%
125
168%
58%
6

47%
Sale
90
Sale
Sale
Sale
Sale
15%
Sale
126
Sale
Sale
Sale
Sale
Sale

119%
17
98%
32
88%
228%
106
56%

Sale
58%
10
49
Sale
18
100
Sale
Sale
Sale
114
Sale

56
78
108%
64
58%
107%
36
46%
156%
114%
130%
65%
121
113%
27%

Sale
Sale
109%
Sale
Sale
Sale
Sale
47%
Sale
Sale
Sale
67

29,400 39%
400 13
200
93,300 48%
210,200
37,100
30,800
18,000 10
5,400 87%
11,200 35
1,200 47
100 107
59,400 35%
1,700 107
4,750 16%
450 92
21,200 22%
22,400 18%
110
79,600 32%
6,900 91%
406,200 42
14,300 65%
30
5,300 55%
2,470 96%
4,401 102%
1,100 103%
1,150 102%
14,000 146%
105,100 139
162,600 68%
800 80%
23,800 15%
5,900
30,400 25%
142,300 57
20,700 25%
22,300 56
86,700
%
607,500 22%
5,000 89
105,150 12%
99,200 28%
63,900 76%
103,500 182%
155,000 122%
30,500 22%
3,700 47%
3,400 40%
38,200 33
2,700 51%
5,400 70%
805,900 29%
11,000 99
44,100 88

40
14%

115
Sale

Sale
10%
Sale
Sale
54
107%
Sale
107%
18
Sale
19%
120
Sale
Sale
Sale
67%
110
56%
97%
107
103%
103%
Sale
Sale
Sale
83
Sale

44,900
3,600
159,200
12,000
10
2,500
480
2,011
470
350
8,500
82,400
129,500
400
17,000
1,500
20,600
Sale
92,500
Sale
12,800
26
11,700
Sale
61,100
Sale
309,300
Sale
1,800
90
76,600
Sale
67,600
Sale
46,700
Sale
1,200
Sale
98,100
Sale
22,000
Sale
1,800
Sale
2,700
44
14,300
Sale
500
Sale
2,400
Sale
387,500
Sale
4,500
Sale
27,800
Sale
e is afie distribution o f dividends
stock

PRICES IN FEBRUARY.
Feb. 1.
Bid.
32%
38
14
104
10%
77%
21
101
54%
57%
71
87
59%
38%
116
33
3
95%
63%
50
119
54%
3
34
4%
21
11%
5%
12%
12%
11%
56%
56%
52%
15%

Ask.
33
Sale
Sale
106
13
79
Sale
104
Sale
Sale
Sale
88
Sale
Sale
Sale
Sale
Sale
Sale
Sale
Sale
122
Sale
Sale
Sale
Sale
Sale
Sale
6
12%
Sale
Sale
Sale
Sale
Sale
Sale

18
48%
28
88%
90%
109%
114
4%
15
45%
121%
41
102%
54
96%
96%
126%
166
59%
6
30
114
17
100
29%
86
211%
109
54%
2%
53
79%
109
62
60
107%
35
46
157%
113 %
129%
68
123%
113%
27%

Sale
Sale
28%
Sale
Sale
Sale
115
Sale
15%
Sale
122
43
Sale
Sale
Sale
Sale
132
Sale
Sale
10
48%
Sale
17%
101
Sale
87%
Sale
114
Sale
3%
Sale
Sale
112
Sale
Sale
Sale
Sale
Sale
Sale
Sale
Sale
69
125
114
Sale

Feb. 28.
Bid.
34
36%
13
103
10
72%
25%
105
56%
59%
78
89
58
39
114%
32%
3%
95%
66%
52
120
53
2%
32%
5%
21
12
4%
9%
13%
12%
56%
57
56%
15%
2025
21%
49%
27
87%
91%
107%
112%
4%
13
48
121%
49
117%
52%
97
95
127%
166
58%
6%
45
123
16%
101
30%
84
225
111
53%
2%
53%
87
109
58%
66
111
36
47
159%
116%
129
70%
125
112
30%

Ask.
Sale
Sale
Sale
106
12
78
Sale
108
Sale
Sale
Sale
90
Sale
Sale
Sale
Sale
Sale
Sale
Sale
Sale
121%
Sale
Sale
Sale
Sale
23
12%
Sale
Sale
Sale
Sale
Sale
Sale
Sale
Sale
Sale
Sale
Sale
28
88%
Sale
Sale
Sale
Sale
Sale
Sale
Sale
Sale
Sale
Sale
97%
Sale
132
Sale
59
10
Sale
Sale
18
102%
Sale
86
Sale
114
Sale
3%
Sale
Sale
109%
Sale
Sale
Sale
Sale
49
Sale
Sale
Sale
Sale
130
114%
Sale

Lowest.

Highest.

Sale Prices.
Sale Prices.
32% Feb. 5 34% Feb. 23
33
Feb. 4 38
Feb. 7
12 Feb. 1 14% Feb. 5
103 Feb. 17 103
Feb. 17
10% Feb. 4 10% Feb. 4
73 Feb. 24 80
Feb. 14
Feb. 28
21
Feb. 1 27
104 Feb. 21 105
Feb. 26
54 Feb. 8 57% Feb. 25
57% Feb. 1 60
Feb. 16
71
Feb. 7 78% Feb. 28
88 Feb. 2 90% Feb. 9
58 Feb. 17 60% Feb. 5
38% Feb. 1 41% Feb. 5
114% Feb. 25 116% Feb. 11
32% Feb. 23 34% Feb. 5
3 Feb. 5 3% Feb. 4
93% Feb. 17 96% Feb. 3
62% Feb. 1 67% Feb. 28
48% Feb. 16 53% Feb. 28
118 Feb. 10 122
Feb. 23
50% Feb. 19 55% Feb. 7
2% Feb. 28 3% Fob. 4
32% Feb. 28 34
Feb. 7
4% Feb. 7 6% Feb. 18
Feb.
9
20
Feb. 15 21
11% Feb. 1 13% Feb. 3
4% Feb. 8 5 Feb. 7
9% Feb. 28 12% Feb. 3
12% Feb. 11 13% Feb. 28
11% Feb. 5 12% Feb. 18
56% Feb. 1 57% Feb. 16
56% Feb. 2 57 % Feb. 14
52% Feb. 9 56% Feb. 28
14% Feb. 23 15% Feb. 15
1800 Feb. 17 2100 Feb. 28
15% Feb. 14 21% Feb. 28
48% Feb. 1 50
Feb. 24
27 Feb. 23 27 % Feb. 7
87% Feb. 2 88% Feb. 1
89% Feb. 1 95% Feb. 16
107% Feb. 19 109% Feb. 1
112% Feb. 28 115% Feb. 7
4% Feb. 10 5 Feb. 14
13 Feb. 28 15 Feb. 5
45% Feb. 1 48% Feb. 28
121
Feb. 7 121 % Feb. 7
39% Feb. 11 49
Feb. 28
101% Feb. 9 117% Feb. 23
Feb. 2
52% Feb. 18 55
96% Feb. 1 98
Feb. 7
Feb. 1
93% Feb. 9 97
128% Feb. 23 128% Feb. 23
162 Feb. 10 167 Feb. 25
58% Feb. 11 60
Feb. 5
9% Feb. 7 10 Feb. 7
Feb. 23
45 Feb. 28 48
114 Feb. 1 123% Feb. 26
16% Feb. 24 17 Feb. 2
100 Feb. 2 101% Feb. 3
Feb. 7
29
Feb. 1 34
84% Feb. 24 88
Feb. 5
208 Feb. 8 225% Feb. 28
51%
2%
51%
78%
108%
58
59%
107%
34%
46
155%
112%
129
68
124%
111
27%

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

14 57%
19 2%
1 54%
9 89
23 110%
25 66%
4 67%
1 111
1 36%
1 47 %
1 162%
8 116%
23 130
10 70%
16 125
11 113%
2 30%

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

19
19
17
28
15
7
28
28
24
23
24
24
9
28
16
3
28

44% Sale
38% Feb. 1 44% Feb. 28
38% Sale
Sale
13
Sale
12
12 Feb. 25 14% Feb. 8
Feb. 11
62% 62% 60 Feb. 2 64
60
65
54 Feb. 8 58
Feb. 11
55% Sale
55% Sale
38
Sale
33% Feb. 8 38
Feb. 1
37% Sale
98
Sale
97 Feb. 5 99% Feb. 14
98% Sale
90
Sale
Sale
90 Feb. 1 91% Feb. 28'
91
9% Sale
9% Sale
9% Feb. 23 10% Feb. 14
84% 86
83% Sale
83 Feb. 25 87% Feb. 11
33% Feb. 25 36% Feb. 14
33% Sale
33
34
Feb. 11
43 Feb. 9 44
43
50
44
45
76
79
77
79% 76 Feb. 2 76 Feb. 2
Sale
33% Feb. 10 35% Feb. 2
35% Sale
35
107
108 106
109 108 Feb. 3 108 Feb. 3
Sale
Feb. 23
21
Feb. 8 27
22% Sale
26
95
102% 106% Sale 102% Feb. 4 106% Feb. 28
Feb. 7
23% 23% 24
Sale
23% Feb. 2 25
Feb. 5
20
Sale
19% Feb. 9 21
20% Sale
100
115
110
30
31
32
Sale
29% Feb. 9 33% Feb. 18 29
92% Sale
93% 94
92% Feb. 1 95% Feb. 3 91 %
Feb. 4 37%
43% Sale
40
Sale
38
Feb. 10 45
Sale
68% Feb. 1 90% Feb. 18 65
68% Sale
86
Feb. 25 107 %
107% 109
109 Feb. 25 109
58% Sale
59
59% 58% Feb. 1 60% Feb. 1 56 y2
Feb. 8 97 %
101% 101% 101% 102% 101% Feb. 3 103
Feb. 5 102
106% 108 106% Sale 105% Feb. 10 107
112% 112% 113
113% 112% Feb. 5 113% Feb. 23 111
102% 103
Feb. 4 100%
102% Sale 101% Feb. 24 103
150% Sale 152% Sale 147% Feb. 4 154% Feb. 23 14434
136
Sale 151
Sale 135% Feb. 1 155% Feb. 25 133 %
68% Sale
73% Sale
68% Feb. 1 75% Feb. 23 67%
80% 82% 81% 85% 82% Feb. 4 83% Feb. 21 8234
Sale
16% Sale
18
16 Feb. 9 18% Feb. 15 15
32% Sale
33
33% 32% Feb. 1 33 % Feb. 17 30 %
Sale
26% Sale
27
26% Feb. 1 27 % Feb. 15 25 %
55% Sale
54% Feb. 7 58% Feb. 28 53%
57% Sale
27% 27% 31 % Sale
27% Feb. 9 32% Feb. 28 26
48
Sale
49% Sale
46
Feb. 18 49% Feb. 23 46
1% Feb. 14
% Sale
% Feb. 2
1 Sale
34
21% Sale
24
Sale
20% Feb. 9 24% Feb. 28 1934
92% 92% 91
Sale
89% Feb. 17 92% Feb. 2 89 %
12% Sale
Sale
12% Feb. 1 17% Feb. 21 11 %
15
27% Sale
Sale
29
27% Feb. 1 32% Feb. 23 26 34
78% Sale
80% Sale
78% Feb. 26 84% Feb. 23 7634
182% Sale
181
Feb. 1 182% Feb. 1 17534
121% Sale 128
Sale 120% Feb. 1 129% Feb. 23 11734
21% Sale
Sale
30
21% Feb. 1 31 % Feb. 28 2034
Feb. 28 46
47
48
53
Sale
48
Feb. 7 53
Feb. 28 40
40
40% 44% Sale
40 Feb. 2 45
31% Sale
30 Feb. 7 32% Feb. 8 30
30% Sale
52
Sale
51% 52% 51% Feb. 17 52
Feb. 8 5034
72
72% 75
Feb. 23 7034
Sale
72% Feb. 2 75
27% Sale
28
Sale
25% Feb. 17 29% Feb. 3 25
95
Sale
99
Sale
94% Feb. 16 99 Feb. 28 94
86% Sale
90% Sale
86% Feb. 7 91% Feb. 24 8534
In shares o f United Olgar Stores at the rate of 38.85 shi

s.
23
13
7
19

20

14
28
10

25
16
28
9
19
5
11

18
3

12

5
28
23
7
8
17
18

21

3
14
14

22

13
17
17
28

12

28
28
24
13
19
16
5
18
14
6
28
28
28
23
6

19
6
23
10
12

7
19
26
2
3
7
11

3
5

12

19
19
28
15
7
28
28
4
4
24
24
5
28
16
4
28
28
8
11
It
21

14
20
14
11
14
4
2
31
3
23
7
7
5
18
3
6

18
25
1
8
31
13
6
23
25
25
21

15
28
15
28
28
17
14
28
11

21

23
23

21

23
28
28
28
6
21
23
5
3
24
t'Cv

"

G eneral Q uotations
OF

BONDS

AND

STOCKS

1. In the following thirty-four pages of tables quotations are given for all the more Important securities listed on any Stock Exchange in ths
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
Its the price, he must pay accrued interest in addition to the price. This, however, does not apply to Income bonds or bonds in default, in which cases
the price includes the interest, should there be any.
3. The letter
prefixed to bond prices denotes that the quotation Is a flat price— that Is, that the accrued interest forms part of the price, and
therefore the purchaser does not have to provide for it separately in making payment. As already stated in the case of income bonds ana bonds in
default, the price is always “ flat,” and no designating mark Is employed to indicate the fact.
4. Quotations for guaranteed stocks are “ and dividend” ; that is, the accrued dividend must be paid in addition to the price. 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 o f these tables that the quotations for many inactive and unlisted securities are merely nominal, but in
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 endorsed, “ cons” for con•Mated, “ 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.

all

NOTICE.—All bond prices are “and interest” except where marked “f” and income and defaulted bonds.
Bid.

Bonds.

Ask

Bonds

Bid.

xsAILROAD BONDS
Baltimore & Ohio (Concluded)—
Bonds of companies consol'd arc
Morgantown & Kingwood
often under the consolidated name.
1st mtge 5s 1935-. _____ J&,
94
Adirondack— See Del & Hudson
Ohio Riv RR— 1st g 5s '36.J&E
1 02
Akron & Barb Belt g 4s 1942-J&D
93
Gen gold 5s 1937 _____A&C
95
1 0 1 56
102
Ak Cant & Youngst 6 s 1930.-J&J 101
Staten Isl Ry 454s 1943 -J&E
82 %
Gen & ref 6 s 1945 ser A__A&G 1 00 54 10156
Toledo &Cin Div 4s 1959- J&J
83%
W Va & Pitts 1st 4s g '90-A&O
Gen & ref 5K s 1945 ser B A&O
97
96 37
8654
Bangor & Aroostook—
Ala Gt South 1st 5s Dec ’27.-J& J 100
101
____
1st M 5s g Jan 1 1943___ J&J 101
96
Gen M 5s Dec 1 1927 £ ..-J & D
1st cons g 5s 1943 ser A __ J&D
1025-6
Cons refund g 4s 1951.. J&J
79
Belt Ry of Chatt 5s 1945--J&J 1 0 0
Medford Ext 5s 1937 __ M&N
97
Ala Midland— See Atl Coast Line
Piscat Div g 5s Jan 1943 .A&O
9554
St Johns Riv Ext gu 5s ’39-F&A
Alabama N Orl T & P June—
955-4
“ A” deb 5s g ’40 red '10-M&N If 96
Van Bur Ext 5s g Jan ’43-A&0
100
95 54
Washburn Ext 1st 5s ’3 9 --F&A
“ B ” deb g 5s ’40 red ’ 10-M&N If 93
96
9554
“ O” deb g 5s Nov 1 1940-A&O If 8 8
Aroostook Nor 5s g 1947--A&O
93
88
Nor
Maine
Seaport
5s
’35-A
&
0
n
97
Alabama Tennessee & Northern—
Battle Creek & Stur— See Mich O
Prior lien 6 s 1 9 4 8 -______ J&J
90
Gen income 6 s Oct 1948______
Bedford Belt— See Chic M & St P
30
Beech Creek— See N Y C & HudR
Alabama & Vicksburg R y—
1st M g 5s 1974 series A--M &N
Bellingham Bay & British Col—
103 57 105
Albany & Susq— See Del & Hud
1st g 5s Dec 1 1932______ J&D
94
Belt RR & Stk Yds (Ind’p’lis)—
Allegheny Valley— See Penn RR
Aileg & West— See Buff R & P
1st ref gold 4s 1939______M&N
86
Belt Ry of Chatt— See Ala Gr So
Allentown Term 4s 1919
Belvidere Del— See Pennsylvania
Ext at 6 % to 1929 - - --J& J 101
Alton Bridge— See St C M & St L
Bennington & Rutl’d— See Rutl’d
Ann Arbor 1st g 4s 1955.. - Q-J
805-8
8154 Big Sandy Ry— See Ches & Ohio
86
100 K
101
Birm Term 1st g 4s 1957 gu M&S
6 % notes Mar 15 1930--M&S15
____
Eq tr 6 s 1927-35 (s-a)_-J&J 15 b 5.30 5 .10% Bolivia Ry 1st 5s 1927____.J&J
Boonville St Louis & Southern—
Ark & Mem Ry Brge & Term—
80
1st M 5s 19 51--. _____F&A
1st M 5s 1964__________ M&S
10057 101
Boston & Albany 5s Oct ’63 .J&J 106
Aroostook Nor— See Ban & Aroos
5s June 1942____________ J&D
Aroostook Valley— See Can Pac
10357
5s July 1 1938____________ J&J 10256
Asheville & Spartanburg— S U &
____
____
98%
Col 1st M g gu 4s 1955----J&J
4 54a July 1937___________ J&J
98
Atch & East’n Br— 4s 1928--J&J
99
4s May 1 1933 gu N Y C.M &N
96%
Atchison Topeka & Santa Fe—
4s M ay 1 1934 gu N Y C .M&N
96
935-8
4s M ay 1 1935 gu N Y C.M&N
Gen mtge gold 4s 1995— A&O
9356
9554
___
89 Vs
83%
Adjustment 4s July 1 '9 5 --N ov
354s Jan 1 1951__ _ J&J
8 8 54
83
Ref 3549 1952 gu N Y O-.A& O
____M&N
Stamped- 8854
Conv g 4s of ’09 due ’55 opt J&D
8 8 57
Boston & Lowell 4 54s Feb ’33-J&J
92
88%
Boston & Maine (new)—
Conv g 4s of 1905 due '55-J&D
89
86
87
9754
4s-5s April 1947 __ _______ ___
93
Trans^S L 1st g 4s 1958__ J&J
91 M
9256
97
95%
Cal-Ariz lst& rf454 s’62opM&S
4 54s-5s April 1944 _______
98 54
101
102
If 97
E Okia Div 1st g 4s '2 8 .-M&S
6s-5s Juno 1945 ______________ 101
99M
9955
101
Hutch & So 1st g 5s 1928--J&J 100
7s-5s Jan. 1946- _______ ____
97
87 Vs
454s-5s M ay 1943____- _____
9054
97
S»n Fran & San Joaquin Val—■
4s-5s Mar. 1942 _________ __ _
97
1st g 5s Oct 1 1940 __ A&O
4s-5s Jan 1943
_____ __
Santa Fe Prescott & Phoenix
4s-5s M ay 1940
.
_
9754
___ Boston & Maine (old)—
102
1st g 5s 1942- .............M&S
86
thens Terminal Ry—
454s Jan 1944..................J & J
87
85
90
4s Feb 1 1 9 3 7 ................. F&A
1 st g 5s 1937___________ J&J
82
4s Aug 1942____________ F&A
Atlanta Birm & Atlantic—
52
Income 5s Nov 1 1930 ctf dep- / 58
3s July 1950........................ J&J
60
Atl & Birm 1st g 5s 1934--J&J
6 s Jan" 1 1933
_______ J&J 1 02
Certificates of deposit-- . . / 56
59
Equip 554s 1927-1937(yr)F&A 6 6.25
Atlanta & Chari A L— See Sou Ry
Eq tr 6 s 1927-38 (year). J&D 6 5.25
Ports Gt F & Con 454s’37.J&D
85
Atl Knox & Oin— See Lou & Nash
Bos & N Y A L— See NY NH & H
Atl Knox & Nor— See Lou & Nash
Boston Rev B & L 454s ’27 J&J
Atlanta & St Andrews Bay—
___
Bridge’n & Saco R 1st 4s ’28.J&D
68
72
1st 6 s. 1938____________ A&O
Atlantic & Dan— See South RR
2d 4s 192S_______________J&D
Atlantic City— See Reading Co
Bums & W— See Atl Coast Line
Buffalo Creek 1st 5s 1941__ J&J 1 0 2
Atlantic Coast Line Co of Conn—
Certs Indebt 5s irredeem-J&D / 101
1 02
1st ref 5s 1961__________ J&J 10054
Buffalo Rochester & Pittsburgh—
Atlantic Coast Line R R —
General 5s g 1937_______ M&S
1st cons 4s July 1 1952 M&S
94 54
102 54
9454
92%
Con g 454s 1957______ M&N
Col tr g 4s Oct 1 '52 op M&N
9456
9254
9\y2
Conv deb 4s ’39 op T 6 .M &N
92
Eq 6 s ser K 1927-33 (s-a) F&A b 5 %
97
Equip 4s series G 1929
A&O b 4.80
98
Gen unif ser A 414s '64-J&D
85
A1 & West 4s g guar 1998. A&O
7% notes M ay 15 ’30 M&N 15 10354 103 56
Clear & M 1st 5s g gu 1943 J&J
Eq 654s Feb ’36 (yr)--F& A o 4 80 4 70%
9954
Bq 6 s Jan 15 ’27-’ 35-J&J 15 b 5% 4.90% Buffalo & Southwest— See Erie
Buff & Susquehanua RR Corp—
Ala Mid— 1st gu g 5s’28M&N 1 0 0 % 102
1st 4s Dec 30 1963 ______ J&J
Atlantic Coast Line of S C—
7554
Burl Ced Rap & No— See CRI&P
93
Gen 1st g 4s July '4 8 --J&J
95
__ Butte Anaconda & Pac 5s’44_F&A
95
N E of S C 6 s 1933 „ J&J 107
California N W 5s 1928 gu.-A &O
Brun & West 1st 4s '38 -J&J
97
9554
Cam & Clear— 1st 5s g 1941 J&J 101
Char & Sav gen 7s 1936-J&J 118
88
90
Gen M g 4s 1955_______ F&A
Fla So 1st g gu 4s ’45-_ J&J
Cambria & Ind— 1st 5s '36 M&N 101
Nor & Car 5s 1939 - - A&O 1 02
Gen mtge 6 s 1944 ______ F&A
Rich & Peters 454 s '40 A&O 1 0 0
10254
Sav Fla&W 1st g 6 s '34-A & 0 10854
Eq tr 554s 1927-38 (year) .M&N 6 5.20
Canada Atl— See Grand Trunk
1st M g 5s 1934. -.-A & O
102 56
Canada South 5s 1962 ser A.A& O 10556
92
Wilm & Newb 4s ’97-.F & A
Wil & Wei gen g 5s '3 5 --J&J 1 02 M 10254 Canadian National Railways—
92
454s Sept 15 1954 -..M & S 15
Gen mtge g 4s 1935__ J&J
9637
4% guar gold notes 1927 _J&J
99%
Atlantic & Yadkin— See South Ry
5-year 454s Feb 15 1930.F&A15
Aug Term— See Chari & W Car
9956
Canadian Northern—
Austin & Northw’n— See So Pac
1st con deb 4s 1930 gu..J& D 30
Balt Ches & Atlan— See Pa RR
96 56
___
11556
S F deb 7s 1940_________ J&D
Balt & Cumb Val RR 6 s '2 9 --J&J 10054
S F deb 654s 1946________ J&J 11814
Ex 1st M 6 s July 1 9 3 1 __ J&J 101
10-yr g 454s Feb 15 ’35 --F& A
Balt & Harrisb— See West M d
9856
Canadian N W 4 54s Oct 22 1943
Baltimore & Ohio—
9254
92
Manitoba S E 1st 4s £ '29 F&A
1st M 4s g July 1 1948__ A&O
9356
9354
Winnipeg Term g 4s 1939 g . J&J
91
1st M 5s July I 1948-- -A&O 10556 10554
Conv 454s 1933 red 1923 M&S
9756
97 54 Oanadian Pacific—
Cons deben 4s perpetual--J&J
Ref & gen 5s 1995 series A . J&D 10054 101
8356
20-yr col tr 454s 1946------M&S
R ef & gen 6 s 1995 series C J&D 108)7 10854
9654
Eq tr 454s 1927-1928_____J&J b 4.70
Ref & gen 5s 2000 ser D _M&S 100
10054
Eq tr 454s 1927-1938 s-a.-J& D b 4.75
10-yr 6 s July 1929 --------- J&J
102 56 10254
Eq tr 6 s Apr 26 '27-’32(s a) A&O b 4 80
Eq tr 454s 1927-40 (yr)_.M &N b 4.70 4.60%
Aroostook Val 454s 1929-F&A
94
Eq tr 5s 1927-37 (yr)____F&A b 4.75 4.65%
New Brunsw 1st g 5s 1934_F&A If 6 8
Eq tr 5s 1928 38 (yr)------F&A b 4.75 4.65%
Cons deb 4s perpetual ..J& J If 77
Eq tr 6 s '28-'35 (yr)_- J&J 15 6 6.05 4.90%
Ont & Que deb gu 5s perp.J&D If 98
Pittsb Lake Erie & W Va—
Refund gold 4s 1941 ..M & N
9334
9354 Oarb & Shaw—See Illinois Cent’li
S W Div 1st 5s 1950........J&J 1023-4 10254 Carolina Cent— See Seab Air Line
Caro Clinch & Ohio 5s 1938.-J&J 10256
Central Ohio—
1st cons 6 s 1952 Ser A..J& D 15 10856,
Reorg 1st con g 4Hs*30.M&S
—
9854

f

b Basis

/ This price includes accrued interest.




k L a st sale.

I In London,

n N om in al,

Ask.
96
104
85
88

103
81
99
9754
9754
9754
9754
90
99

90

85
____
____
__
__
____

98
1 02

____

89
____
10256
5%
5%
___
80
70
10154
94 %
4.80%
4.60%
87

96
8954
__
10354
5%
10556
9656
1 00

99M
97 54
116
119
9854
6354
84 y2
9656
4.60%
4.65%
4.70%

iro
79

Bonds

Bid.

Caro Clinchf & Ohio (Concl.)—
Equip 5s 1927-1937 s-a.,A & O b 4.8(
Eq 5s 1927-1933 s-a_____J&D b 4 .8 C
Eq tr 6 s 1928-’35 (yrly)_J&J15 b 5.1U
Carthage & Adiron— See N Y C
9254
Catawissa cons g 4s 1948.. A&O
Cent Ark & East— See St L S W
Cent Branch Ry— See M o Pac
Central of Georgia—
1st M g 5s Nov 1 1945____F&A
104 54
103M
Cons gold 5s 1945______ M&F
10-yr 6 % sec gold bds 1929 J&D 1 0 2 %
R ef & gen 554s 1959 ser B.A&O 105
Ref & gen 5s 1959 Ser O. .A&O 100 54
Eq tr 454s 1928-1940 P (yr) M&S 64.85%
Eq tr 4 54s 1927-1940 Q (yr)M&N 64 85 %
Eq tr 5s 1927-38 (year)._J&D 64.90%
Chat Div gold 4s 1951___ J&D
100 “
Macon & Nor g 5s 1946____J&J
Mid Ga & A tl 1st 5s 1947..J J 1 0 2
Mobile Div g 5s 1946 ____J&J
10154
Oconee Div 1st g 5s 1945. J&D
Cent RR & Bkg 5s 1937.-M&N 1 0 0
__ __
Chattahoochee & G 5s ’30. J&J
Chat R & South g 5s 19 4 7 ..J&J
__
Ocean S S 1st 5s 1943_____J&J
Cent of N E— See N Y N H & H
iCentral of New Jersey—
Gen M (now 1st) g 5s ’8 7 .-J&J 113 54
Eq tr 6 s ’28-’35 (yr.) ...J & J IS 6
5%
Eq tr 454s 1927-1941 (yr)_F&A 6 4.60
Amer Dock & Impt 5s 1921— ___
Ext at 6 % to 1936_____J&J
10554
Leh& W-B Coal con f4 s ’30 J& D
9754
96
Con g 4s 1935 , - ___ J&D
N Y & L Br gen 4s 1941..M &S
9054
___
General gold 5sl941___M &S
Central Ohio— See Balt & Ohio
Central Pacific— See So Pacific
Central Vermont Ry—
R ef M 5s 1930 g u a r ____M&S
9754
Eq tr 5s Apr 26 1932 s-a .A&O 6 5.25
Charles & Sav— See Atl Coast L
Chari & W Car 1st 5s 1946. .A&O 101
Aug Term 1st gu g 6 s '47 A&O 108
Chateaugay Ry— See Del & H
Chattahoochee & Gulf— See Cent of Ga
Ga Ry
Chattanooga Sta 4s 1957 gu_-J&J
86
Chesapeake & Ohio—
1st cons g 5s 1939_______ M&N 10454
9754
General 454s gold 1992.. M&S
Conv g 454s 1930 op 1915 F&A
9954
Gen fund & Impt 5s 1929. J&J 10054
E qtr454sl927 (s a )_____M&N 6 4 60
Eq tr 5s ’27-’38 (yr)___ M&S15 6 4.75
Eq tr 554s ’27-’37 (yrly). .J& D 6 4.90
Eq tr 6 s 1928-35 (yrly)..J&J15 6
5%
Eq 654s 1927-’35 (ann)—J&D 6 4 85
Craig Valley 1st 5s g 1940-J&J 100%
Potts Greek 4s 1946__
J&J
84%
R & A Div 1st con g 4s ’89. J&J
8754
2d con g 4s 1989.. . .J&J
8554
Warm Sp Val 1st 5s g ’41 M&S 10057
Coal Riv R y 1st 4s gu '45. J&D
8854
__
Elevator Co g 4s gu 1938 A&O
91
Big Sandy Ry 1st g 4s ’44 J&D
Greenb Ry 1st g gu 4s ’40 M&N
92 54
99
Kanawha Br & Ter 5a '48. A&O
88
Raleigh & S W 1st 4s '36. _J&j
92
West Poc Oorp 1st 456s '45 F&A
Chesapeake & Ohio Northern—
1st M 5s 1945 guar . _ A&O 1 0 0
50
Chesterfield & Lane 1st 5s '55F&A
Chic & Alton 1st 356s 1950 -J&J 7 6 6
Certificates of deposit
_____ 1/ 65
RR refunding g 3s 1949. A&O / 72
Certificates of deposit—
Stpd as to Apr 1926 Int . . / 71%
Equfp trust 6 s Jan 15 ’28-'35
(yearly) ____________ J&J 15 b 5.45
Chicago Burlington & Quincy—
Gen M 4s 1958
..M & S
9357
1st & ref g 5s 1971 ser A . .F&A 10554
5%
Eq tr 6 s Jan 15 ’28-’35--J&J15 b
Illinois Div 354 a’ 49 op ’29 J&J
8754
4s July 1 1949 ________ J&J
94 54
Nebraska Ext 4s 1927____M&N
9957
Chic & East 111 (new co)—
Gen M 5s M ay 1 9 5 1 . . . .M&N
8157
Chicago & Eastern Illinois—
106
1st consol 6 s gold 1934____A&O
__
Chic & I C Ry —1st 5s 1936 J&J
Chic Grt West— 1st 4s 1959.M&8
7154
Chic & I C Ry— See Chic & E 111.
Chicago Indiana & Southern Ry
Con mtge g 4s 1956 gu ar.. J&J
93
94
Ind 111 & la 1st g 4s 1950.-J&J
Chicago Indianap & Louisville—
Ref. M g 6 s 1947 series A ..J& J 11454
Ref M g 5s 1947 series B ..J& J 10354
Ref M g 4s 1947 series C ..J & J
9054
1st & gen 5s 1966_______ M&N
99 54
1st & gen 6 s M ay '6 6 ser B.J&J 10754
Equip tr 6 s ’28 '35 (yr)_.J&J15 b 5.30
Indianap & Lou 1st 4s '5 6 --J&J
8657
Monon Coal gu 5s '36 opt. J&D
55
Ch I & St L Sh L— See CCO&StL
Chicago Lake Shore & Eastern—
1st M 454a 1969 opt 1919.J&D
9654
Chic Memp & Gulf 5s 1940.-J&J
96

100

10356
109
s Sale price

Ask.
4.70%
4.70%
4.95%

105
105
10257
10554
1 0 15 4

4.70%
4.70%
4.75%
89
103
100

54

116
4.00 %
4.50%

9357
92

98'7
5%
10254

97 57
9954
10157
4.40%
4 65%
4.70%
4.90%
4.70%
88
88

87%

9137
95
101

67 54
6 6 54
72)4
5.15%
9457
106
4.90%
88

95

100

8154
10754
7154
9354
115
10037
10734
5.10%
87
60
9754

M a r ., 1927.]

NOTICE.—All bond prices are

Bonds.

Bid.

Certificates o f deposit_____
Chicago Milwaukee & St Paul—
Gen & ref 4 Ms Jan 2014Certificates o f deposit.
Conv 5s Jan 2014 ser B_
Certificates o f depositGen g 3 Ms B M ay 1 1989Gen 4 Ms M ay ’89 series C

/
/
f
f
f
f

91 X
54 X

92 M
55 X

59 M
59 M

60 X
60

85M
61
61
59 X
59 X
103 X
75
95 M
60
60
60 M
60 M
60 X
60 X

86
61 M
61 X
60
60
104

f
Certificates o f deposit. _
f
Conv deb 4Ms ’32 opt ’22-J&D f
Certificates o f deposit______ f
Gold bonds 4s 1925 opt’22.J&D f
Certificates o f depositf
m European loan 4s 1946b 5.40
Equiptr5s’27-’40 serB(yr) F&A b 5.15
Bedford Belt 1st 5s 1938 .
98
Milwaukee & Northern—
1st ext 4Ms ’34 (1880) -J&D
95M
Cons 6s 1934 ext at 4M %
to 1934 (1884)___J&~
95M
Chic & Nor M —-See Fere Marq
Chicago & North Western—
79
Gen M 3 Ms g 1987_____M&N
Gen M gold 4s 1987____ M&N
91M
Stmpd non-pay Fed inc tax
91M
Gen M 5s ’87 stpd Inc tax.M&N 109M
Gen M 4 X s '87 stpd inc taxM &N 107 M
Sinking fund deb 5s 1933-M&N 101M
Sinking fund 6s 1929_____A&O
103 M
Coll tr s f 5s 1929---'_____A&O 101 M
10-year 7s June 1 1930___ J&D
106M
15-year 6Ms Mar 1936__ M&S 112
1st & ref 5s Mav 2037___ J&D
103 Vs
1st & ref 4 Ms M ay 2037--J&D
4.75
Eq tr 5s '27- 35 ser M tyr)-J&D
5.05
Eq tr 6s Jan 15 ’28 -’38 -- J&J15
4.90
Eq tr 6Ms 1927-36 ser J..M & S
4.90
Eq 6Ms 1927-36 K (yr) — A&O
Des Plaines Yal 4 Ms 1947-M&S
94 M
Frem Elk & Mo V 6s ’3 3 --A&O 107 M
la Minn & N W 1st 3 Ms’35. J&J
90 M
ManitowGB&NW 3 Ms’41-J&J
85 X
Mllw Lake Shore & Western—
Ext & imp s f g 5s 1929--F&A 101
Mil Sparta & N W 1st 4s’47M&S
91X
83
Mil&State Line 1st 3 Ms’41 .J&J
St L Peo & N W 5s 1948--J&J 103 %
St Paul East Gr Tr 4M s’47.J&J
95M
Sioux City & Pac 3Ms’36-F&A
90
Chicago Peoria & St. Louis—
Prior lien gold 4Ms 1930--M&S / 24
Certificates o f deposit______ / 24
Chicago Rock Isl & Pac R ailwayGeneral gold 4s 1988______ J&J
88X
93
Ref g 4s 1934 opt to 1911--A& 0
5% notes 1929___________ J&J 100M
5% notes 1929__________ M&S 100 Vs
4Ms notes 1928__________ J&D
99 X
Eq tr 6s Jan 15 1928-’35-J&J15 b 5.15
Eq tr 5s 1927-’38 (s-a)____J&D b 4.80
Eq tr 5s Apr ’27-’34 (s-a)-A&O b 4.80
Eq 4Ms 1927 (s-a)____ . J&J b 4.75
Burl Cedar Rapids & North—
Con 1st & coll tr 5s g ’34. A&O 101
Choctaw Oklahoma & Gulf—
Consol gold 5s 1952____M&N 103
Choc & Rlemph 5s 1949___J&J 101 M
87 X
Peoria Ry Ter 4s ’37 gu op_J&J
R I Ar & La 4 Ms 1934___ M&S
95M
93 %
St P & K C Sh 4Ms '4 1 --F&A
Keok & Des M — 1st 5s’23.A&0
Certificates of deposit______ f 85 M
Stamped 2% loan________
Chic St L & N O— See 111 Central
Chic St L & Pitts— See Penn Co
Chic St Paul Minn & Omaha—
Cons 6s June 1 1930_____J&D
103 M
94 Vs
Cons 6s red to 3 Ms 1930--J&D
Deb gold 5s Mar 1 1930--M&S
99 X
Stamped____________ .
99 X
Eq 6s 1928-35 (ann)___ J&J15 b 5.20
Ev tr 7s 1928-31 Series B . J&J 6 5.20
North Wisconsin— 6s 1930-J&J 102M
99 %
Super Sh L 5s June 1930-M&S
Chic Terre Haute & Southeast—
1st & ref g 5s Dec 1 '60 opt.J&D
95 M
Income mtge Dec 1 1960______
92 M
South Indiana 1st g 4s '51-F&A
81 M
Chic Un Stat 1st 4Ms 1963--J&J
97 M
1st M 5s 1963 series B _____J&J 104
1st M 6Ms series O 1963--J&J 117M
Guar gold 5s 1944________ J&D 102M
Chicago & Western IndianaGen gold 6s Dec 1 1932__ Q-M
105M
Consol gold guar 4s 1952__ J&J
87 M
1st & ref 5 Ms 1962 A ____M&S
104 Vs
Chic & West Mich— See Pere M
Choc Okla & Gulf— See O R I & P
Cincinnati Hamilton & Dayton—
General 5s gold 1942_____J&D
97 X
2d mtge gold 4Ms 1937___ J&J
Dayton & Michigan 1st 5s 1911
98 M
Ext at 4M % to ’31 op’ 17. J&J
O I St L & C— See O O C & St L—
Cln Ind & West 1st 5s 1965-M&N
96M
Cin Leb & Nor— See Pennsylvania RR
Cine & Musk Vai 4s 1948__ F&A
Cin N O & Tex Pac Ry—
4.90
Eq tr 5s 1927-38 (y r )-„A & O
Cincin North 1st g 4s 1951--J&J
88M
Cin San & Clev— See C C C & St L
Clearf & Mahon— See B R & P
Cleveland Akron & Columbus—
General gold 5s 1927_____M&S 100
93
1st cons guar g 4s 1940__ F&A
Unguaranteed______________
Clev Cine Chic & St Louis—
90
General 4s gold 1993_____ J&D
Gen M 5s ser B 1993___ J&D
107M
99
Deb gold 4Ms 1931______ J&J
Ref & Imp 6s 1929 ser A --J& J 102 M
Ref & imp M 6s ’41 ser C ..J & J 102 M
Ref & imp M 5s ’63 ser D ..J & J 103M
4.80
Equip tr 5s 1927-’29 (yr)..J& J
Equip tr 6s 1927 (yr)_____ J&D
4.60

b Basis,

96M
60 X
60 M
60 X
60 X
60 X
60 M
5.10%
4.95%
99
97M
97
80
91M
101 M
103M
101 M
106M
112 M
104 M
95
4.65%
4,90%
4.75%
4.75%
92"
—

94"
105 M
91M
—

89 M
93 X
100M
100M
100M
5%
4.70%
4.70%
4.50%
—

88 M
95M
93M
— -

95M
99M
I00M
5%
5%
105
—

95 M
92 M
82 M
97X
105
117M
103M
87 Vs
104M
100
99 M
97M
4.70%
90

91

111

99 M
102 Vs
107 M
103 Vs
4.55%
4.40%

f This price Includes accrued in t.




Bonds

Ask.

Chicago Milwaukee & Pacific—
Chic Milw & Puget Sound-

RAILROAD BONDS
‘ a n d in t e r e s t ” exc ep t w h ere m ark ed “ f*

Bid.

Clev Cln Chic & St L (Concluded)
Cairo Div 1st g 4s 1939__ J&J
C W & M Div 1st 4s g '91 J&J
St L Div 1st col tr g 4s ’90 M&N
Spr & Col Div 4s 1st g '40-M&S
White W V Div 1st 4s ’40-J&J
Cine Ind & St L Sh Line Ry—
1st gold guar 4s 1953__ A&O
C I S L & C 1st 4s g Aug '36 Q-F
Cin San & Clev con g 5s ’28-J&J
Clev Colum Cin & Indianap—■
Gen cons gold 6s 1934__ J&J
Id Blm & W ext 4s 1940--A&O
O Ind & W g 5s Apr 1938-_Q-J
Peor & East cons 4s ’4 0 --A&O
2d cons inc 4s 1990__ Apr 1
Cleveland Lorain & Wheeling—
Cons now 1st 5s 1933---A & 0
Stamped subject to call_____
Gen M 5s 1936_________ J&D
Con refg g 4Ms 1930 red--J&J
Clev & Mahon Val— See Erie RR
Clev & Marietta— See Penn RR
Cleveland & Pitts— See Penn Co
Clev Short Line— See L S & M S
Cleveland Terminal & Valley—
1st 4s gold guar 1995___ M&N
Cleveland Union Terminalslst s f 5Ms 1972 series A _A&O
1st M s f 5s 1973 ser B ____A&O
Coal & Iron Ry— See Western Rid
Coal River R y— See Ches & Ohio
Colo & Sou 1st g 4s 1929___ F&A
Ref M g 4 Ms M ay 1 ’3 5 --M&N
Eq tr 6s 1928-35 (year)-.J&J 15
Ft Worth & D C 6s 1921—
Ext at 5M % to 1961-.-J& D
Colo Sou N O & Pac— See St L & S F
Col Connect & Ter— See Nor & W
Col Hock Val & T — See Hock Val
Conn & Pass— 1st g 4s ’4 3 --A&O
„ Newp & Richf 1st 5s '41 gu. J&J
Conn River— Gold 4s ’43 -- M&S
Connecting Ry (Phila)—
1st RI gu 4s Mar 15 ’51-M&S15
Connellsv & Monongahela Ry—1st s f gold 4s 1930 ou t..-M & S
Cuba Northern 6s 1966 stpd-J&J
Cuba RR — 1st g 5s 1952___ J&J
1st 1 & ref g 7Ms ’36 ser A . J&D
1st 1 & ref 6s 1936 ser B ..J & D
Imp & equip 5s 1960___ M&N
Current Riv— See K C Ft S & M
Dallas & Waco— See M o K & T
Daws Ry & C’l— See El Paso & S W
Dayton & Mich— See C H & D
Dayton Union 4s 1949_____ J&J
Del & Bound Br 3 Ms ’55__ F&A
Delaware & Hudson—
Conv 5s 1935____________A&O
1st & ref gold 4s 1943____M&N
7% sec g bonds 1930_____ J&D
15-yr g 5Ms May 1 ’3 7 --M&N
Eq 6s Jan 15 ’28-’35(yr)J&J15
Adirond 1st 4 Ms ’42 gu_-M&S
Albany & Susq 3 Ms gold 1946
(conv before 1916) gU-.A&O
Bluff Point Land Impt Co—
1st mtge guar 4s 1940---J&J
Chateaugay Ore & Iron—
Guar gold 4s 1942______ J&J
Rensselaer & Saratoga—
6% g bds Rlay 1 '41--M&N
Utica Ciin & Bing 5s '3 9 --J&J
Delaware Lack & Western—
Morris & Essex 3 Ms 2000-J&D
N Y Lack & Western—
1st & ref 5s 1973 ser A.M&N
1st & ref 4Ms ’73 ser B.M&N
Warren 1st refg 3 Ms 2000-F&A
Del Riv RR & Bridge— See PaRR
Denison & Pac Sub— See Tex & P
Denver & Rio Grande Western—
Gen income 5s Aug’5 5 ..M & N /
Denver & Rio Grande—
1st con g 4s 1936__________ J&J
1st con g 4Ms 1936_______ J&J
Improve’t gold 5s 1928---J& D
Rio Gr June 1st gu 5s '39-J&D
Rio Gr So 1st g 4s ’4 0 - -J&J
1st g 4s guar 1940_____J& J.
Rio Gr West 1st 4s ’3 9 -.-J & J !/
1st coll tr 4s 1949 op __ A&O /
Utah Fuel 1st 5s 1931--M&S
Denver & Salt Lake—
1st 5s '43 ctfs dep ass’t pd_M&N
Des M & Ft D— See Minn & St L
Des PI Val R y— See Chic & N W
Det Gr Rap & West— See Pere M
Det & RIack pr 1 4s 1995___ J&D
Rlortgage gold 4s 1995__ J&D
Detroit Riv Tun— See Mich Cen
Detroit & Toledo Shore Line—
1st gold guar 4s 1953____ J&J
Dul & Ir Range— 1st 5s '37-A & 0
Duluth Missabe & Northern—
Gen g s f 5s Jan 1 1941____J&J
Duluth South Shore & Atlantic
1st gold 5s 1937--------------- J&J
Dutchess Co— See Cent New Eng
East Tenn Va & Ga— See So Ry—
Eastern Minn— See St P M & M
Elgin Jol & East 5s 1941__ M&N
Elmira & Williamsport—
1st 6s 1910 ext at 4% 1950-J&J
Income 5s 2862__________ A&O
El Paso & R I— See El P & Sow
El Paso & Southwestern Co—
El Paso & S W R R —
1st & ref 5s 1965_______ A&O
New Mexico Ry & Coal Co—
1st col tr g 5s Oct 1 ’47.A & 0
1st & con & coll tr g 5s ’51 A&O
Dawson R & Coal 5s ’51-J&J
El Pas & R 1 1st g gu 5s ’51. J&J
Erie— N Y & E lst4s ext g ’47 M&N
4Ms 3d ext 1933________ M&N
5s 4th ext gold 1930______ A&O
4s 5th ext gold 1928______ J&D
7s 1st cons 1920 ext to '30-R1&S
Prior lien gold 4s 1996___ J&J
Gen lien gold 4s 1996____J&J

k Last sale.

/ In London,

93 M
85 M

94 %

92 %
91 %

107 M
92 M
92 M
86M
43 X

95 X
108
86 M
45 X

101 M
100M
99 X

87

88

109M
103 M

104M

99 M
97
5.20

99 M
97 M
5%

106M
86
81 "
92 M

94

97

99
103
95
108

102 M

94 M
107"
99 M
87 M

100

88 M

91
119
93 M

120 X
93 M
107
106M
104 M 105
6% 4.90%
95
87 M

88 M

86

88

86

88

110M

100

80 M

101M
81

102 M

82 M

SOM

80 %

91 M
94
99 M
100M
7M
7M
91
84 M
98

91M
95 M
99 M
101M
12
91 X
84:
100

75

80

72
65

73 M
66 M

87
102 M
81M

81 X

102 M

104 X
99M

104 M H 0 5 X

91
98 M

99 X

98 M
106M
81 M
76 M

106 M
81 X
76 M

100 M

Bid.

Erie R R (Concluded)—
Conv gold 4s 1953 ser A _A&O
81M
Series B 1953_________ A&O
81M
Series D 1953_________ A&O
93 M
6% notes Mar 1 1930___M&S 100
Eq tr 6s 1928-35(year)-J&J15 6 5.25
b
4.85
Eq 6s ser FF ’27-’28 (s-a) -M&N
Penn coll g 4s Feb 1 1951--F&A
98 M
Buffalo & Southwestern—
1st g 6s ’08 ext to 1928--J&J
2d g 5s '08 ext to 1928--J&J
Jeff RR 5s ext at 5M 1929-A&O 101
Chic & Alt Term 5s 1928--J&J
Ch & Erie 5s 1st g 1982--M&N 105M
Income 5s Oct 1982________
Cleve & Mah Val g 5s ’38-J&J 100M
Erie & Jersey s f 6s 1955.J&J 112X
111M
Genesee River 6s 1957____J&J
Goshen & Deck 1st 6s ’2 8 .J&J 100M
Long Dock 6s con g 1935-A&0 108M
Newb & N Y 1st 5s 1929--J&J
N J & N Y 5s 1950___ M&N
88"
Gen 5s Dec 31 1932___ J&J
N i & Gr Lake gu g 5s '46 M&N
99 M
N Y L E & W C & RR—
1st 6s ext 5M % 1942..M&N 101M
N Y L E & W D & I 1st 6s ’ 13
97 X
Extended at 5% to 1943-J&J
N Y Pa & O p 1 4Ms '35-M&S
98
Paterson Ext 1st 5s 1950--J&D
93
N Y Susq & Western—
1st refunding 5s 1937__ J&J
90 M
2d mtge 4Ms 1937_____F&A
72 M
Gen mtge 5s g 1940____F&A
77
Term 1st g 5s 1943___ M&N
Registered $5,000 e a c h ...
Midland of N J 1st 6s 1910
ext at 5% to 1940-.-A&O
96 M
Wilkes & E 1st g 5s ’42. J&D
75 X
Erie & Jersey— See Erie R R —•
Erie & Pittsb— See Penn R R —
Est RR of France—
External s f 7s 1954____M&N
99 X
European & N A — See Maine Cen
Fitchburg— 5s Jan 1 1 9 34-.-J&J
93
4Ms Jan 1933____________J&J
91
Flint & Pere Marq— See Pere M
Flo Cen & Pen— See Seab Air L
Florida East Coast 4 Ms ’59 J&D
97 X
1st & ref 5s 1974________ M&S
Florida South— See Atl Coast L
Florida West Shore— See Seab A L
Fonda Johnstown & Gloversv—
1st cons ref’g g 4Ms 1947--J&J
86
Gen r e fg gold 4s 1950____J&J
65
Registered______
1st cons ref 4 Ms ’52 jp tllM & N
63~
Fort Dodge Des Moines & Sou—
1st 5s 1938--------------------- J&D
60
15
Ft Smith & West 1st g 4s ’54 A&O
Fort St Un Dept Det 4 Ms’41-J&J
94 5
Ft Worth & Dn C— See Col & S
I t Worth & Rio Gr 4s 1928 J&J
97 M
Fre Elk & Rio Riv— See C & N W
Galv Har & San An— See So Pac
Galv Houston & Henderson—
1st M 5s 1933_________ A&O
98
Galveston Term 6s 19 38---M&S 102
Genesee River— See Erie RR
Gen & W yo 1st g 5s 1929-.A& 0
99
Geor & Alabama— See Seab A L
Georgia Car & N— See Seab A L
Ga & Fla 1st g 5s 1956---M & N / - Geor Midland— See Sou th'n Ry
Ga RR & Bkg ref 6s 1951-.A & 0
112
4s Jan 1 1947______
J&J
88
GiV.S£Ur&
lst S 5s 1945-J&J 101X
Deb 5s 1952________
A&O
94
Eq tr4 M s 1927-1939 s-a.M &N 6 4.80
Gila Val Globe & Nor— See S P
Goshen & Deckertown— See Erie RR
Gr Rap Bel & Sag— See Pere Mar
Grand Rap & Ind— See Penn RR
Grand Trunk Pacific—
lst M '3s 1962_____________ j& j
69 M
4s Feb 25 ’39 Alg gu.M & N
89
1st 4s Feb 15 ’42 Alg gu.M & N
87
Gen 4s 1962 Can Gov guar.J&J
85
Prairie Section 4s 19 55--.A & 0
75
Mountain Sec 4s 1955____A&O
75
Lake Sup Div 4s 19 55--.A & 0
76M
Grand Trunk R y of Canada—
Sink fund g deb 7s 1940. - -A&O 115 X
Deb g 6s Sept 1 1936____M&S
107 M
Canada A tl lst 4s 1 9 5 5 -.. J&J
76M
Grand Trunk West 4s £ 1950.J&J
76
1st g gu 4s $ July 1 1950..J&J
86M
Great Northern—
Gen M 7s 1936 series A ____J&J 113M
1st & ref g 4Ms ’61 opt ’41.J&J
97 %
Gen M 5Ms 1952 ser B ..-J & J , 109M
Gen M 5s 1973 series O____J&J 103 X
Genl 4Ms 1976 ser D _____J&J
94 X
Eq tr 4Ms 1927-1939____M&S
4.75
Eq tr 4 Ms 1928-1940 D (yr) J&J
4.75
Eq tr 5s 1927-1938 (yr)._M & S
4.80
Eq tr 6s Jan 15 ’28-’3 5 -5.05
Western Fruit Express
Eq 5s J’ne 15 ’27-’39 (yr) J&D
5%
„
? 1 r tr
1927-1940-J&D
Great Northern R y of Canada—
Cons 4s 1934 opt to 1914 A&O
90 X
Green Bay & West debt certfs A f 83
Deb ctfs B ________
/ 25
Greenbrier R y— See Ches'&foLio
Gulf Mobile & Northern—
lst 5 Ms 1950 ser B _______ A&O
105M
lst 5s 1950 Series C ______ A&O
Gulf & Ship Island R R —
lst ref & term g 5s Feb ’5 2 .J&J 106 X
Gulf Terminal of Mobile—
lst mtge g 4s 1957 gu______ J&J
84
Hocking Valley R y—
lst cons gold 4 Ms 1999. - -J&J
98
Eq tr 5s 1927-1938 (ann) .A&O b 4.75
Eq tr 5s 1927-1939 (yr)_._J&J b 4.75
Eq tr 6s ’28 ’35 (yr)____J&J 15 b 5.05
Col & H V ext 4s 1948__ A&O
92
Ool & Tol lst g 4s 1955..F& A
90M
Hollid Bed & Cumb— See Pa RR
Housatonic— See N Y N H & H
Houston Belt & Term 5s ’37 J&J
99:
Houston E & W Tex— See Sou Pac

-J& J15

103 M

89
99

Bonds.

Ask.

88 X

95M
100 M

31

and income and defaulted bonds.

m Dollars per 600 francs or £20.

n N om inal,

s Sale price,

Ask.
82 X
81H
93 X
100M
5%
4.65%
99
102

106*
113M
112
110
91"

98 M
98 M
95
90 M
80
77 M

97 M
7/

99 M

98 M
99 X
89
64 Vs
65
25
9SM
98 X

35
113M
90
102M
96
4.65%

70 M
89"
87
_____
—

116
110
78"
87
H3M
98 H
109 M
103 X
94 %
4.62%
4.62%
4.65%
4.95%
4.75%
4.70%
91 h
25 M
107
99 X
85
98 M
4.65%
4.65%
4.90%
92 M

100

u Per £200.

[V ol. 124.

RAILROAD BONDS

32

N O T I C E .— A ll b o n d p rice s are “ a n d in t e r e s t ” e x c ep t -where m ark ed “ I ” a n d in co m e a n d d e fa u lte d b o n d s .

Bid.

B onds.

Houston & Tex Cen— See Sou Pac
Hudson & Manhattan—
1st gold 5s 1957 op t--------- F&A
98%
Adj inc up to 5% Feb ’57. A&O
8814
1st M 4% s 1957 conv------F&A
88
N Y & Jer 1st g 5s ’32 opt.F & A 101 M
Huntingdon & Broad Top—
1st M ext 6s Mar 31 '40 A.A&O
2d M ext 6s 1940 ser B .-.F & A
3d M consol 5s Mar 31 '40.A&O
30“
Hutchinson & S— See A T & S F
95
Illinois Central— 1st g 4s '51-J&J
87
1st gold 314 s 1951------------ J&J
87
Main L ext 1st g 314s ’51-A & 0
75
1st M £ 3s 1951----------------M&S
88
1st M £ 4s 1951----------------A&O
77
Tr bonds £ 314s 1950------- .J&J
91%
Coll trust gold 4s 1952---- A&O
Col tr L N O & T g 4s ’53.M & N
88%
107%
R ef mtge 5s 1955----------- M&N
Ref g 4s 1955 opt 19 18..M&N
93%
Pur lines 1st g 3!4s 1952..J&J
85%
Jt 1st ref M (I C & C S L &
103%
N O) 5s 1963 ser A ___ J&D
Ser B (£100 & £200) ’63. J&D
Gold 514s Jan 1934----------- J&J 102%
Gold 614s July 1 1936---J& J 112%
40-year 4 Ms Aug 1 1966..F& A
97%
Eq tr 4% s 1927-1939 K ..F & A 6 4.6o
Eq tr 414s 1927-1940 L -.A & O 6 4.65
Eq tr 414s 1927-41 Ser N .A& O 6 4.65
Eq 5s 1927 ------------------- M&N 6 4.60
Eq tr 5s 1928-38 ser J ...M & N 6 4.65
Eq tr 6s '28 ’35 (year).-J& J 15 6 5%
Equip 614s 1928-1934 (yr).F& A 6 4.75
Equip 7s 1927-1935--------- A&O 6 4.75
92%
Cairo Bridge 4s g 1950— J&D
76%
Litch Div 1st g 3s 1951. - -J&J
83%
Louisv Div 314 s S 1953— J&J
Omaha Div 1st 3s g 1951--F&A
75%
86
St Louis Div 3J4S S 1951--J&J
St Louis Div 3s g 1.951------J&J
76%
87
Sp’field Div ext 314s '51--J& J
Western lines g 4s 1951---- F&A
90%
Chicago St Louis & N O—
Con g 5s June 15 ’ 51-J&D 15 104%
C ong 3 34s June 1 5’51 J&D 15
79%
Mem Div 1st 4s 1951--J&D
90
St Louis Alton & Ter Haute—
St L South 1st g 4s '31-M&S
96
Carb & Shaw 1st g 4s ’32.M&S
95%
Ind B1 & Wn— See O O O & St L
Indiana Harbor & Belt—Genl mtge 4s 1957-------------J&J
Indiana 111 & la— See Chic Ind So
Ind & Louisv— See Ch Ind & L So
Indianapolis Union—
102%
Gen & refg 5s 1965 ser A .-J& J
102%
Series B --------------------- - - - - Interboro-Met ISee Street & E
Inter Rap Tran/ R y Securities
Internat-Great North Ry—
1st M g 6s 1952 series A -.-J & J 10554
Adj M 6s July 1952 ser A.April / 86 M
Stamped------------------------- - = n 8554
1st M 5s 1956 series B -.- --J & J
99 M
Internat Rys (Central America)—
1st M 5s 1972 op t----------- M&N
76 M
95
1st col tr 6% notes 1941-M&N
88
6% notes 1936---------------- - - - 1st L & ref 614s 1947------F&A
Iowa Central— See M inn & St L
la Minn & N W— See C & N W
Jacksonv Ter 1st 5s gu ’3 9 --J&J 101
R ef & ext 6s 1967--------- .--J& J 110
Jamestown Frank & Clearfield—
1st g 4s 1959 guar-------------J&D
9254
Jefferson— See Erie
Joplin Union Station—
1st g 414s 1940 guar op-.M & N
9614
Kal A1 & G R R — See L 8 & M S
Kanawha Br & Ter— See C & O
Kanawha & Mich— See Tol & O C
Kanaw & W Va— See Tol & O C
K C Excel Spg & NW — See Wabash
Kan City Ft Scott & Memphis—
Ref g 4s 1936 guar-----------A&O
92 M
Cons 6s 1928________
M&N 10154
Current Riv 1st 5s 1927--A&O
99 M
K C Mem & Bir 4s 1 9 3 4 - -M&S
93 Vs
Income 5s Mar 1 9 3 4 - -Sept l f 96
Assented------------------M&S 100
Kan City & Mem R y & B—
1st 5s gold 1929----------- A&O 10154
Kansas City Mexico & Orient—
1st gold 4s 1951 (undep)--F&A
6% notes 1916 certifs-------A&O / — .
Kansas City & Pac— See M K & T
Kan City Sou— 1st g 3s 19 5 0 - A&O
73 H
Ref & impt 5s Apr 1 1950--J&J
99 %
Eq tr 6s 1928-35 (year)--J&Jl 5 b 5.30
Eq tr 5% s 1927-38 (year)-M&S 65.10%
Kansas City Terminal Ry— _
1st g 4s 1960 opt 1930------ J&J
89
97
Kan Okla & Gulf 1st 6s 1976.J&J
Inc 6s series B Jan 1949------ Jan
12
Kentucky Central— See L & N
Kentucky & Indiana Term RR
1st M 414 s 1961 (sterling)-J&J
9254
Stamped___________________
8914
Plain______________________
8514
Keokuk & Des M — See C R I & P
Knoxv & Ohio— See Southern Ry
Lake Erie & Det Riv—-See Pere M
Lake Erie & West 1st 5s ’37—J&J 102 M
2d gold 5s July 1 1941------ J&J 10014
Nor Ohio 1st gu 5s g 1945-A&0
96%
L S & Mich So— See N Y C & H R
Leh & Lake Erie— See Lehigh Val
Lehigh & New England—
1st M gold 5s 1945--...........J&J 10334
Gen mtge gold 5s 1954------J&J 103
Equip trust 414s i927-1931-Var 6 4.90
Lehigh Valley Harbor Term Ry—
1st mtge 5s 1954________ F&A 104 J4
Lehigh Valley—
.
94
1st 6s ext gold 4s 1948------J&D
Con M 6s ann reg irred------J&D 125
Con M 4J4S ann irred____J&D
96)4
87
Gen cons gold 4s 2003------M&N
98%
Gen con gold 414s 2003— M&N
Gen con gold 5s 2003------- M&N 10554
Lehigh & Lake Erie—
95
1st 414s 1957 guar------- M&S
Lehigh & N Y 1st 4s 1945-M&S
9054
Lehigh Valley Coal—
1st 5s gold guar 1933------J&J 10154
1st 40-year guar int red to
4% 1933____________J&J
1st & ref 5s 1934-.......... F&A
10134
1st & ref 5s 1944______F&A
99 M

/

6 Basis.

Ask

9914
88%

ioi%
—

__
__
93
84
92%
88%
108%
94%
89
103 =
107
103
112%
97%
4.55%
4.55%
4.55%
4.40%
4.60%
4,90%
4.65%
4.70%
83%
77%
87
—

107%

__
—

97%
95%

102%
103%
106
8714
8714
99.4
76 M
95 M
92
92

921
98

9214
10154
101
101 i

7314
100
5.10%
4.85%
8914
984

89 M

104M
97 M

Millen & Southw—5s 1955--A&O
MilLakeSh&West— See Chi&N W
104
Milw & No— See Ch Milw & St P
4.70% Milw & Spart & N W— See Chic
Min & Pac— See M St P & S S M
M inn & St. L— 1st 7s 1927--J&D
1st gu g 7s 1927---------------- J&D
1st consol gold 5s 1934__ M&N
Certificates of deposit______
127
1st refg gold 4s 1949_____ M&S
Ref & ext 5s Feb ’62 ser A .Q -F
88 “
99
Des M & Ft. D 1st 4s ’35-.J& J
Certificates of deposit______
105M
Iowa Cent 1st g 5s 1938--J&D
Certificates of deposit______
1st & ref g 4s 1951___ M&S
Minn St P & Sault Ste Marie—
102
1st cons gold 4s 1938______J&J
1st cons gold 5s 1938______J&J
1st cons 5s ’38 gu int___ J&J
2d M gold 4s guar 1949__ J&J
Coll trust 6% s 1931_____ M&S
1001

/T h i s price includes accrued Interest.




Ask.

Bonds
Lehigh Valley Coal (Concluded)—
___
1st & ref 5s 1954_______ F&A
1st & ref 5s 1964______ F&A 100 %
1st & ref 5s 1974______ F&A
9954
Lehigh Valley Ry of New York
1st 414s gold 1940_____J&J
9854
Lehigh Vail Term 5s 1941-A&0 10254
Lehigh & Wilkes— See Cent N .T
Middlesex Val 1st o s ’4 2 --M&N 100
Pa & N Y Canal con 5s ’39. A&O 10214
Cons mtge 414s 1939__ A&O
98
Cons mtge 4s 1939___ A&O
9314
Lex & East— See Louisv & Nashv
Litchfield & Mad 1st 5 s ’34.M&N
9714
Little Miami guar 4s 1962--M&N
87
Little Rock & Hot Spr West Ry—
1st gold 4s 1939 guar____ J&J
88
Long Island— Unified g 4s’49M&S 89
Refunding g gu 4s 1949__ M&S .§914
1st cons f 5s July 1 1931__ Q-J 10054
1st cons g 4s July 1 1931__ Q-J
96
Gen mtge gold 4s 1938___ J&D
9214
4s gold 1932_____________J&D
94.
Debenture gold 5s 1934__ J&D
9954
Debenture gold 5s 1937--M&N , 9854
Equip tr 5s 1927-39 (y r)..A & 0 6 5.10
Equit tr 6s 1927-32 (yr)..F & A 6 5.25
Montauk Ext 5s 1945_____J&J
9814
Brook & Mon 2d 5s 1938-J&D
L I City & F con 5s 1937-M&N
N Y Bay Ext R 1st 5s g ’43-J&J
New York Bklyn & Manh Bch
1st gold 5s 1935_______ A&O 10054
9914
N Y & R B 1st g 5s 1927--M&S
North Shore Branch—
1st cons 5s g Oct 1 1932--Q-J 100
Louisiana & Arkansas Ry—
1st s f gold 5s 1927_______ M&S 10014
Louisiana & North Western—
72
1st M gold 5s 1935_______ A&O
Louisv Cine & Lex— See Lou & N
Louisville Henderson & St Louis—
1st mtge gold 5s 1946_____J&J 102
Louisville & Jeffersonville Bridge
8954
Guaranteed gold 4s 1945.-M&S
Louisville & Nashville—
50-year gold 5s 1937_____M&N 10514
9654
Unified gold 4s 1940_____J&J
101
Coll trust gold 5s 1931__ M&N
7% g notes M ay 15 ’30-M&N15 10354
1st & ref 514s 2003 ser A . .A&O 108
1st & ref 5s 2003 ser B ____A&O 106
1st & ref 414s 2003 series C A&O ICO34
Eq tr 4J4s 1927-37 (year).J&D 6 4 65
Equip 614s 1927-36 (year).M&S 6 4.75
Eq tr 6s ’28-’35 (yr)___ J&J15 6 5%
9314
Atl K & Cin Div 4s 1955--M&N
Atl Knox & Nor 1st 5s ’46-J&D 10454
Consol gold 4s 2002___ M&S
Lou C & Lex 4)4s g 1931-M&N 10014
N O M ob 1st gold 6s 1930--J&J 103 54
2d gold 6s 1930________ J&J 10354
Pad & Mem Div 1st 4s ’46.F&A
S E & St L Div 6s 1971__ M&S
67
2d mtge 3s 1980_______ M&S
88 M
Kentucky Cent 4s g 1987--J&J
110M
Lex & East 1st 5s 1965__ A&O
L & N Mob&Mont 4!4s’45M&S 10014
Louisv & Nashv Southern joint
88
gold 4s 1952__________ J&J
8714
L & N Term 1st g 4s ’52 gu J&D
Nash F & S 1st gu g 5s ’37-F&A 103
Newport & Cincinnati Bridge—
97
1st M g 414s 1945 guar..J&J
S & N Ala cons M g 5s ’36-F&A 104
Gen cons gu g 5s 1963--A&O 110%
8534
Macon Dub & Sav 5s 1947--J&J
Macon Terminal 5s 1965____ J&J 10014
Mahoning Coal— See L S & M S
Maine Central—
9514
1st & ref 414s 1935_______ J&D
9854
1st & ref 5s Dec 1935_____ J&D
1st & ref 6s Dec 1935_____ J&D 104
93
Eur & N A gold 1933___ J&J
9314
Hereford Ry— G 4s ’3 0 --M&N
91
Upper Coos 1st gu 4s ’30-M&N
94
Upper Coos Ex 414s g ’30.M&N
Washington Co R y 1st g gu
72
3% s Jan 1954 op 1924._J&J
Manila RR Sou Lines 4s’39-M&N
4s 1939 ext to 1959
7614
Philippine Govt gu___M&N
Sinking fund g 7s 1937--M&N 108%
Manitoba & S E— See Can Nor
10014
Manitoba S W Col 5s 1934-.J&D
M d Del & Va 5s 1955 gu___ F&A
80“
Maryland & Pa 1st g 4s ’51-M&S
Mason City & Ft. Dodge—
1st M gold 4s 1955_______ J&D f 50
Memphis Union Station Co—
102
1st g gu 5s Nov 1 ’59____M&N
Merchants’ Br— See Term RR
85
Meridian Term 4s ’55 guar.M&N
Mexican International—
Prior lien 414s 1947______ M&S f — 1st con gold 4s 1977______ M&S / -----Sept. 1 1914 coup on_______
Sept 1 1914 coupon o ff_____ i -----Mexican North 1st 6s 1930-J&D f -----Mich Cent— See N Y C & H R
Middlesex Valley— See Leh Val
Middletown & Unionville—
2d M adj inc 6s 1933____M&N
Midi R R —-6% franc bds (foreign
series) red up to 1960_____ J&D h$27
Midland o f N J— See Erie
Midland Valley— 5s 1943___A&O
9714
Adj M Apr 1 ’53 ser A ___ Sept

10014

101

99
103)4
102

98)4

89 34
93
lo o "
99

4.90%
5%

102
10054
10054
100%

74

90
96)4

101 %

103%
108%
106%
101
4.55%
4.65%
4.90%

100)4
105
104%
88%

112
102

90
103)4
98
ill"*
87
101%
96)4
99%
105
95

74
69
109%
85“

$27%
98%

95'

99
10054
54
5214
39
14
f 3554
f 34'
/ 54
51%
17%

/
/
'

m i
97%
97 %
81%
10134

A Dollars per 1,000-franc bond.

99%
101
58
54%
20%

14%
36
35%
57
59
19%
98%
97%
82%

101%

Bonds.

Bid

Minn St Paul & S S M (Concl)—
ICO
1st ref 6s 1946 series A ____J&J
87
25-year 5% s 1949________ M&S
Eq tr 4% s 1927-36 (s-a) .M&N b 4 95
Eq tr 5s 1927-33 (s-a)___ M&S b 5%
Eq tr 6s 1928-35 (year)..M&S 65.20%
Eq tr 7s 1927-1930 (year)-J&D 6 5.10
M StP& SSM & Cent Term R y—
96%
1st Ch Ter sf4 s’41 op’ 16M&N
Minneapolis Term— see Wis Cent
96%
Mississippi Cent g 5s 1949__ J&J
Missouri-Kansas-Tex R R —
Prior lien 5s 1962 ser A ____J&J 101 %
85%
Prior lien 4s 1962 ser B ____J&J
103%
Prior lien 6s 1932 ser O ____J&J
99%
Adj M 5s Jan 1967 ser A . _A&O
Mo Kan & Tex (old company)—
87%
1st gold 4s 1990_________ J&D
Eq tr 6s 1928-35 (year).J&J15 6 5.30
Boonville R R . Bridge—
1st g gu s f 4s 1951____M&N
Dal & Waco 1st gu 5s ’40-M&N
Kan O & Pac 1st 4s g ’9 0 --F&A / -----Missouri Kansas & Okla—
1st g gu 5s M ay 1 ’4 2 --M&N / — .
M K & T of T 1st 5s gu ’42 M&S / 140
M o Pacific RR (new company)—
100
1st & ref 5s Jan 1965 A __ F&A
107%
1st & ref 6s 1949 ser D __ F&A
107%
1st & ref 6s 1955 Ser E -..M & N
1st & ref 5s 1977 ser F ..M & S
5% gold notes 1927----------- J&J l o o "
98
Secured 5%s 1931-1956..J&D
Equip trust 5s 1927-40 (yr)M&S 6 4.85
M o Pacific (old company)—
77
Gen M 4s Mar 1975______ M&S
5.10
E quip6% s 1928-36 (year).F&A
5.15
Eq tr 6s ’28-’35 (year)_.J&J15
3d 7s ext to July 1938 at
92%
4 % ___________________ M&N
82%
Cent Br Un Pac 1st g 4s’48 J&D
94
Pac of M o 1st ex g 4s ’38-F&A
2d ext 5s gold 1938--------- J&J 102
St L R E 1st 5s 1938--M&N
Cardelet Br 1st 4 j4s’38-A & 0
St Louis Iron M t & Sou—
Unify & ref’g g 4s ’29— J&J
Gen con ry & 1 g 5s ’31.A & 0 100%
Gen con stpd gu g 5s ’31 A&O
93%
Riv & Gulf Div 4s ’33--M &M
Mobile & Birm— See Southern Ry
Mobile & O— 1st g 6s 1927--J&D 101
100%
1st exten 6s July 1927------Q-J
93%
Gen g 4s 1938____________M&S
4 .9 0
Eq tr 5s 1927 ’38 ( s - a ) - M & S
4.90
Eq tr 5s 1928-39 (year)------J&J
Montgom Div g 5s 1947--F&A 100 %
99%
St Louis Div 5s 1927_____J&D
96%
St L & C 4s guar 1931------J&J
M o’k & Malone— See N Y C & H
Monongahela Sou 5s 1955--A&O
Mont Cent— See St P M & M
Mont W yo & So 5s 1 9 3 9 ..-M&S
Morgant & Kingwood— See B & O
North & Essex— See D L & W
Nashville Chattanooga & St L
1st consol gold 5s 1928— A&O 1 0 0 %
Eq tr 4% s 1927-37 (year)-A&O 6 4.90
Nash Flor & Sheff— See L & N
National Railways of Mexico—
Prior lien g 4% s s f 1957--J&J / — .
/
Jan 1914 coupon on ------/ ....
July 1914 coupon on ------Assent cash warr & scrip on ___
Gen mtge 4s 1977________ A&O f
April 1914 coupon o ff----------Assent cash warr & scrip o n .. f 2 l “
8% gold notes June 1915.J&D
Nat RR of Mex p i g 4 % s ’26-J&J f : : : :
July 1914 coupon on-------------Assent cash warr & scrip on J 24%
1st cons gold 4s 1951____ A&O
April 1914 coupon o ff_______
14%
Assent cash warr & scrip on . .
Nebraska— See C B & Q
New Eng R R — See N Y N H & H
New Hav & No— See N YN H & H
N J Junction— See N Y Central
New Jersey & New York— SeeErie
85
New Lon Nor 1st 4s 1940— J&J
New Mex Ry & C ’l— See El Paso
87
New Orl Gt Nor 1st 5s ’ 5 5 --F&A
New Orl & North East 6s 1915—
Extended at 5% 1940----- M&N
97%
Ref & impt 4% s ’52 ser A ..J& J
87%
New Orl Term 1st 4s 1953__ J&J
New Orleans Texas & Mexico—
Non-cum inc 5s Oct ’35 series A 100%
100%
1st 5s 1954 series B _____ A&O
1st M 5% s 1954 series A -.A & O 105%
1st 5s 1956 series C ______ F&A 103
Newp & Cin Bdge— See L & N
Newp & Rich— See Conn & Pass
N Y B & M Bch— See Long Island
N Y Bay Ext R R — See Long Isl
New York Central R R —
Conv deb 6s 1935_______ M&N 107%
90%
Cons mtge 4s 1998 series A F&A
New York Central & Hud Riv—
8 )%
Ref g 3% s July 1 1997. -J&J
96%
Deb g 4s ’34 tax-exempt.M&N
94%
Deb 4s 1942 tax-exempt_J&J
99
Ref & impt 4% s 2013 A -.A & O
Ref & Impt 5s 2013 C ____A&O 106
Eq tr 7s ’27-’35 (year)..A & 015 b 4.75
Eq tr 6s ’28-’35 (yr)____J&J15 b 4.90
NYC L eq 5s ’27-’37 (yr).J& D b 4.65
N YC L eq 5s 1927-39 (yr) J&D b 4.65
NYC Lines eq 4% s 1928- J&J 100
N YC L eq 4% s ’27-’37(yr)M&S b 4.65
NYC Lines eq 4% s Sept 15 1927
to 1939 (y ear)______ M&S15 b 4.65
NYC Lines eq 4% s ’28-’35_J&J b 4.65
N YC RR eq 4% s ’36-’32--J&J b 4.70
Bos & Alb eq 4% s 1 9 27--.A & 0 100
80
L S coll tr g 3% s 1998____F&A
79%
M C coll tr g 3% s 1998__ F&A
96
Beech Cr 1st 4s g gu 1936.-J&J
99
2d guar gold 4s 1936___ J&J
81 %
Beech Crk Ext 3% s ’51_A&O
Cart & Adir 1st 4s 1981__ J&D
90%
Clf Bit C Co 1st g 4s ’4 0 .-J&J
Gouv & Osw 1st 5s g 1942. J&D i6 o%
Lake Shore & M ich South—
Con g ref 3% s 1 9 9 7 --.-J&D
80%
99%
Deb gold 4s 1928______ M&S
98%
Gold 4s 1931_________ M&N
Oleve Short L 4 % s ’ 61 -.A & 0 101
K A & Gr R 1st 5s 1938. J&J 102 %
Kal & W Pig’n g 4s ’4 0 --J&J 105
Mahon O RR 1st 5s. 1934 J&J 103

A: Last sale.

I In London,

s Sale price,

n N om in al.

Ask
101%
88%
4.75%
4.80%
4.90%
4.90%

101 %
85%
103%

100

87%
5%

100%
108
107%
100
1 00%

99
4.75%

77%
4.90%
6%
86
95

98%
100 %
94“
101 %

1 00 %

95%
4.70%
4.70%
101%
97%
74

100 %
4.70%

17%
23%
25%
14%

88
98
88
101
101

105%
103%

108
91%
80%
97%
95%
99%
106%
4.65%
4.80%
4.60%
4.60%
100%
4.60%
4.60%
4.60%
4.65%
100%
80%
80%
96%
101 %

81%
99%
98%
101%
105%
104

Mae., 1927.]

RAILROAD BONDS

33

N O T I C E .— A ll b o n d p rice s are “ a n d i n t e r e s t ” e x c ep t w h ere m ark ed “ f ” a n d in co m e a n d d e fa u lte d b o n d s .

Bonds.

Bid.

New York Central (Concluded) —
Michigan Central—
5s coup ’31 D & B O div.M&S 10154
Deb gold 4s 1929 _____A&O
9854
Equip 5s 1927-30 (yr)_-A & 0 6 4.80
Equip 6s 1927-32 (yr)__M&S b 4.90
1st 5s Kal & S H 1939 -M &N
1st mtge M Air L 4s '40 J&J
9534
1st g 4s Jol & N Ind'57 J&J10
1st g 3 H 8 J L & Sag '51-M &S
8354
1st gold 354s 1952_____M&N
86
BayC&BC 1st M g 3s’89 J&D
Bat C & S 1st gu g 3s’89 J&D
65
Det R Tun 454s '61 gu.M&N
97
Grand Riy Vail 4s 1959-M&S
Tol Can Sou & D 4s '56-J&J
Moh & Mai 4s 1991
.-.M & S
90 54
Consol gold 3 54s 2002 -M&S
N J June 1st 4s gu 1986-- F&A
8454
N Y & Har 1st g 334 s 2000M&N
8154
N Y & Nor 1st g 5s 1927--A&O
9954
N Y & Put 1st 4s g 1993--A&O
8954
Pine Creek guar 6s 1932 -J&D 10654
Pitts & Lake Erie 6s 1928 -J&J
5s Jan 1 1928- - - _____A&O
100
Eq tr 6 54s 1927-35 (yr) .A&O b 4.90
Pitts M cK & Y 6s 1932.-J&J 106
2d 6s guar 1934
__ J&J 103 54
St Lawr & Adirond 5s '96- J&J 100
2d gold 6s 1996________ A&O
105 54
West Shore 1st 4s 2361------J&J
8654
N Y O & St L 1st g 4s 1937--A & 0
95
2d & impt 6s A B & O '31-M&N
9654
Deb 4s May 1 1931______M&N 10254
Ref 5 ^ s 1974 ser A
---A & O
105 54
R ef 5Ms 1975 series B ------J&J
105 54
New York Connecting RR —
1st M 414s 1953 series A ..F & A
9654
1st guar 5s 1953 series B F&A 104
N Y & Greenw’d Lake— See Erie
N Y & Harlem— See N Y O & H R
N Y & Jersey— See Hud & Manh
N Y Lack & West— See D L & W
N Y L E & W C R R — See Erie
N Y & Long Br— See Cent o f N J
N Y New Haven & Hartford—
/
Deb 6s Jan 15 '48 conv_-J&J15 10854
75
Deb 4s May 1 1957______ M&N
Deb 4s July 1 '55 non-conv.J&J
80
Deb 4s 1956 non-conv._ M&N
80 54
Deb 4s 1947 non-conv____M&S
80
Deb 314s March 1947____M&S
7534
Deb 354 s 1954 non-cony.-A& O
7254
Deb 314s 1956 conv — -J&J
72 54
15-year seemed 6s 1940 - A&O 104 54
6% notes Oct 31 1930 ..M & N
10154
Bos & N Y A L 1st 4s g '55.F&A
8054
Cent New Eng 4s 1961___ J&J
8234
Dutchess Co 454s 1940 J&D
86
Danb & Norwalk 4s 1955- J&D
Harl R & Portch4s 1954 M&N
88 54
Housatonic con 5s 1937. M&N
9854
Naugatuck 1st 4s 1954 - M&N
79
New Eng cons 4s 1945 gu.-J& J
8754
Consol g 5s July 1 1945 J&J
9954
N Y & NE Bos Ter 4s’39 A&O
90
N Hav & North 4s '56 gu. J&D
80
N Y Prov & Bos 4s 1942--A&O
89
N Y Westchester & Bos Ry—
1st M g 414s 1946 guar. _J&J
82
Prov Sec deb 4s 1957 gu_ M&N
73
Prov Ter 1st g 4s gu 1956-M&S
8434
N Y & Nor— See N Y C & H R
New York Ontario & Western—
R ef 1st g 4s June 1992------M&S
7854
Registered $5,000 only--------Gen M g 4s 1955 r e d __ J&D
76 34
Ea 454s Sept 1928 s-a__ M&S b 4.70
N Y Phila & Nor— 1st g 4s’39.J&J
94
Income 4s Jan 1 1939 ----M&N
87
Stock trust ctfs 4s 1948--J&D
8854
N Y Prov & B— See N Y N H & H
N Y & Putnam— See N Y C & HR
N Y & Rockaway B— See L'g Isld
N Y Susa & West— See Erie
N Y West & B— See N Y N H & H
Nord Ry s f 654s 1950 . . . A&O
97 54
Norf & Caro— See Atl Coast Line
Norfolk Southern—
1st & ref g 5s '61 opt '1 5 .-F&A
9154
Norf & South 1st 5s 1941-M&N 10034
1st gen g 5s 1954 op t----- J&J
9554
Ral & Cape Fear 1st 5s '43.M&S
92
' Ral & Southp con 5s 1965. J&D
9534
Suffolk & Car con 5s 1952.J&J
92
Norfolk Ter 1st gu 4s 1961.M&N
Norf & West gen 6s 1931— M&N 10554
Impt & exten 6s 1934------F&A
10854
New River 1st 6s 1932------A&O
107
N & W Ry 1st con 4s '9 6 --A & 0
93 54
Div 1st lien & gen g 4s July 1
1944 opt Jan 1 1929____J&J
9354
Conv 6% Sept 1929_____M&S
N & W Pocahontas 4s '41 -J&D
9254
Eq tr 4 54s 1927-32 (yr)..M & N b 4.65
Eq tr 454s 1928-31 (y r )„_ F & A b 4.65
• Ea tr 4 !4s 1929-32 (y r )..-A & 0 6 4.65
Ea tr 4 54s 1928-1935 -_ -J&J b 4.65
Scioto Val & N E 1st 4s'89M&N
9254
No & So Car— See Car Atl & West
N ’east o f S C— See Atl C L o f S O
Northern Calif Ry-—See So Pac
Northern Central—
Gen & ref 6s 1974 ser A--M &S 10554
Northern Ohio— See L E & West
Northern Pacific—
Prior lien g 4s Jan 1997.. — Q-J
9154
Gen lien g 3s Jan 2047------Q-F
67
R ef & imp 434s 2047 ser A . J&J
96 54
Ref & imp 6s 2047 ser B ----J&J 11354
Ref & imp 5s 2047 ser O — J&J 10434
Kef & imp 5s 2047 ser D ---- J&J 10454
Eq tr 454s 1927-32 (yr).F&A15 5 4.80
Eq tr 454s 1927-1940---M&S15 6 4.80
Eq tr 7s 1927-30 (yr)„M & N 15 b 4.80
St P & D Div g 4s 1 9 9 6 --.J&D
Wash Cent 4s Mar 1948--Q-M
8734
St Paul & Dul 1st 5s 1931-F&A 10154
1st consol g 4s 1968------J&D
92
Dul Union Dep 5s 1930-A&O
No Pac Ter Co— 1st 6s 1933-J&J 10954
orth Ry o f Calif— See Sou Pac
NorthPenna ext'd 4s 1936.M&N
94 54
Gen g 3 3-10s 1953-........... J&J
7654

b Basis.

Ask.

9934
4.60%
4.70%

67 54
98

8254
100 54
90
101
4.70%
107
88
9554
97
103
10554
10534
96 54
105

10854
7554
80 54
80 54
80 54
76
72 54
10454
102
81 54
8234
89
9954
89
82
8254

7854
7654
4.50%
9554
89

98 54
92 54
9654
9654
93
106 54
9354
93 54
94 54
4.55%
4.55%
4.55%
4.55%

92
6754
97
113 54
105 54
105
4.65%
4.65%
4.75%
8854
110

) This pricejincl. accrued Interest.




Bid.

B onds
North Wisconsin— See St P M & O
Northw Term g 5s 1926 gu.-J& J
Certificates of deposit _ _
Norwich & Wor— 454s 1947. M&S
Ogd’bu & L Cham— See Rutland
Ohio Connecting— See Penn RR
Ohio I & W— See C O C & St L
Ohio River— See Balt & Ohio
Old Colony RR —
4s Jan 1938 - - _________ -J&J
3 54s July 1 1932----------------J&J
1st M 554s 1 9 4 4 ..-.F & A
1st M 5s 1945 series B __ J&D
Oregon & California— See So Pac
Oregon-Wash RR & Nav—
1st & ref g gu 4s '61 opt.-J& J
Ore RR & Nav cons 4s '46- J&D
Oregon Short Line— See Un Pac
Pacific Coast Co— See Misc Bonds
Paducah & 111 1st 454s '5 5 -- -J&J
Pan American 1st 5s '34 op t. J&J
Paris-Lyons-Mediterranean R R —
Ext s f 6s 1958 _______ F&A15
S f extl 7s 1958_______ M&S15
Paris-Orleans ext’l 7s 1954--M&S
6% franc bonds (foreign series)
red to 1956-----------— J&D
Paterson Extension R R — See Erie
Paulista Ry 1st 7s’42 ser A M&S15
Pennsylvania R R —
Con M 4s gold 1943 ------M&N
do 4s gold 1948- -- M&N
do 4s gold 1948 sterling
stamped dollar bonds__
do 4 54s g 1960_______ F&A
Gen g 454s 1965_________ J&D
Gen g 5s Dec 1 1968 - - -J&D
10-year gold 7s Apr 1 '30--A&O
15-yr 6 54s Feb 1 1936____F&A
40-yr 5s 1964. _ _ ______ M&N
Con M 3 54s g £ 1945 __ -J&J
Eq tr 6s ’28-’35 (yr)------J&J15
Eq tr 5s Mar 1928 3 8 -- M&S
Gen equip 5s 1927- 39 (yr) A&O
Eq tr 454s 1927-39 (y r ).-A & 0
Alleg Val gen 4s 1942 .
M&S
Balt Ches&Atl 1st g 5s '34 M&S
Belvidere Delaware—
1st g gu 3 54s 1943 - - .J&J
Cin Leb & Nor 4s 1942— M&N
Clev & Marietta 454s '35-M&N
Cleveland & Pittsburgh—
Ser A 4 54s gen gtd 1942.J&J
Ser B 454s gen gtd '4 2 --A & 0
Int red to 3 54 % --------Ser C 3 54s gen gtd '4 8 --M&N
Ser D 3 54s gen gtd '5 0 --F&A
D Riv RR & B gu g 4s '36-F&A
Erie & Pittsburgh—
Gen gu g 354s ser B '4 0 --J&J
Series C 1940______ — J&J
Gr R & Ind ext 454® ’41--J&J
2d 4s 1936.-- _____ ..A & O
Holidaysburg Bedford & Cumb
1st M g 4s 1951 guar---- J&J
Ohio Connecting 4s 1943.M&S
Pennsylvania Company—
Gu g 4s 1931 op 1921..A & 0
Gu tr ctfs g 4s 1952— M&N
. Gu tr ctfs g 334s 1937..M &S
Gu tr ctfs g 354s 1941.-F&A
Gu tr ctfs g 3 54s 1942..J&D
Gu tr ctfs g 3 54s 1944—J&D
Ph Balt & Wash 4s '43.-M & N
Gen 5s 1974 series B __ F&A
Pitts Cin Chic & St Louis—
Con g gu 454s ser A '40-A&O
do
Ser B 1942._ A&O
do
Ser O 1942---M &N
do
Ser I 1963____F&A
do
454s ser J '64.M&N
do
4s ser D 1945 M&N
do
4s ser F 1953--J&D
do
4s ser G 1957.M&N
do
4s ser H I960-F&A
do
3 54s ser E '49 F&A
Gen M 5s 1970 ser A ..J & D
Gen M 5s 1975 ser B .-A & O
C St L & Pits 1st 5sg’32-A & 0
Pitts Va & Char gu 4s '43 M&N
Pitts Young & Ash 5s '27_M&N
1st gen 4s series A 1948-J&D
1st M 5s 1962 series B ..F & A
1st gen 5s 1974 series C . J&D
Sun & Lewis 1st g 4s 1936.-J&J
Tol Walh Valley & Ohio—
1st g gu 454s '31 ser A ..J & J
1st g gu 454s '33 ser B ..J & J
1st g gu 4s '42 ser C __ M&S
Penn & N Y Canal— See Leh Val
Pennsylvania & Northwestern—
General 5s Jan 1 1930__ -J&J
Peoria & East— See C C C & St L
Peoria & Pekin Union Ry—
1st g 5 54s 1974 series A — F&A
PeoriaT R y Term— See Ch R I & P
Pere Marquette (New C o)—
1st g 5s July '56 Ser A ___ J&J
1st g 4s July '56 ser B . ..J & J
Eq tr 6s ’28-’35 (yr)___ J&J 15
L E & Det Riv 454s '32..F & A
Perkiomen 1st 5s '18 ext to '38 Q-J
2d 5s 1918 ext to 1938____Q-J
Phila & Balt Cent 4s 1951.-M&N
Phila Balt & Wash— See Penn RR
Phila Newt & N Y 3s 1942.-A&O
Phila & Read— See Reading Co
Phila Wilm & Balt—
Debenture g 4s 1932_____A&O
Philippine Railway—
1st p 4s 1937 s "f opt gu— J&J
Pine Creek— See N Y C& H ud Riv
Pittsb Bessemer & Lake Erie—
P S & L E 1st g 5s 1 9 4 0 --.A&O
Cons 1st g 5s July 1 '43--J&J
P B & L E con g 5s 1947.-J&J
Pitts Char & Youghiogheny—
Gen mtge gtd 4s 1932— A&O
Pitts O C & St L— See Penn RR
Pitts & L E— See N Y O & Hud Riv
Pitts M cK & Yough— See N Y C

A D ollars per 1,000-franc bond.

43

45
9834

93
93 54
10754
10254

/

8754
9254

8854

9854
5

9934

9254
99
98

9254
99 54
99

m 28
10254
96
9554
9554
10254
9954
109
10654
11154
10254
If 77
b 5%
b 4.65
b 4.65
6 4 65
955a
34
8454
92 Va
9834

$2834
10254
____
9534
9554
103
9934
10954
10654
112
103
82
4.90%
4.60%
4.60%
4.55%
39

9854

10054
10054
8754
8734
85 54
9554
8854
89
9754
93
9254
9754
8834
87
86
8534
8454
9554
11034
10054
10054
10054
101 54
10134
9554
9554
9554
95 54
9554
10754
10754
10254
9254
10034
9254
106
10454
9234

94
93
98
8954
8654
86
9654
101 34
101 54
10134
101 34

10734
108

99
99 Vs
9354
101
10434

b

10454 10454
89
89 34
5.10 4.95%
98 H
9754
8934

9054

96
4254

43

101 34
10034

10334

A; Last sale.

B onds.

Ask.

Bid.

Ask.

Pitts Shaw & N— 1st g 5s '49 F&A f
Gold 4s Feb 1 1952
- F&A f
3
5
6% receivers' ctfs 1927__ F&A f 70
Pittsburgh & Shawmut—
1st s f g 5s 1959 opt______ J&D f ____
--Pitts Shen & LH— See PBess & LE
Pittsb Term RR & Coal—
1st g guar s f 5s 1942 ___ J&J
____
W Side Belt 1st g 5s '37.M &S
Pitts Va & Chas— See Penn RR
Pitts & Western— See B & O
Pittsb Youngs & Ash— See Pa RR
Portland & Ogdensburg
1st M 454s 1928 guar___ M&N
97
99
Portland & Rumford Falls—
Debenture 4s Aug 1927..F&A
100
99
Portl (Me) Term gu 4s '6 1 --J&J
84
86
Guar 5s 1961___________ J&J
9954 101
_____
Port Reading— 1st gu 5s '4 1 --J&J
Ports Gt F & Con— See Bos & Ale
Potomac Val— 1st gu 5s g '41 _J&J 101
Prov Sec Co— See N Y N H & H
Pro vidence Term— See NYNH&H
____
Prov & Wore— 1st 4s 1947--A&O
87
Ral & Cape Fear— See Norf Sou
Ral & Charles— See Seab A L
Raleigh & Gas— See Seab A L
Ral & Southp— See Norfolk South
Raleigh & S W— See Ches & Ohio
Raritan River— 1st g 5s '39--J& J
97
99
Reading Company—
Gen gold 4s Jan 1 1997__ J&J 100
Eq 5s (J&J) ’27-'32 ser J.-J& J b 4.75 4.60%
Jer Cent g 4s '51 op '06--A&O
92
92 54
Gen & ref 454s 1997 ser A.J&J
99
9954
Atlantic City gu 4s 1951--J&J
8554
89 5s
1st M gold 554s 1929--M&N 101
10154
81
W & N A tr ctfs 4s red 105- Q-M
82
Phila & R — 2d 5s g 1933--A&O 102
Imp M ext g 4s 1947--A&0
93
94
Cons ext gold 4s 1937--M&S
9354
9454
Term 5s g gu M ay 1 '41-Q-F 104 .
105
Del R Ter p m g 5s '42.M&N 101
Ex p mon g 5s 1942--J&J 100
102
Wilm & No 1st 5s 1927-J&D 10054
Gen g 5s Aug 1 1932--Q-F
9954
Phila & Read Coal & Iron—
Coll s f g 4s ext '32 gu F&A 100
Renssel & Saratoga— See Del & H
Richm & Danv— See Southern Ry
Rich Fredericksb & Potomac—
97
Cons mtge 454 s 1940-A&O
98
Equip 6s Jan 15 28-’35-J&J15 b 5.10 4.90%
Rich & Mecklenburg— See So Ry
Rich & Petersb— See Atl Coast L
Richmond Term— 1st 5s 1952 .J&J 101 54
Richmond-Washington Co—
Coll tr g gu 4s 1943 op t—J&D
95
Rio Gr June— See Denv & Rio Gr
Rio Grande Sou— See Denv & R G
Rio Grande West— See D & R G
Rock lsld Frisco Term— 5s’27 J&J 100
10054
Rock Isl Ark & La— See C R I & P
Rutland— Con 454s 1941____J&J
9354
9354
Ben & Rutl 434s g '2 7 --M&N
9 9 54
Odg & L Ch 1st g gu 4s '4 8 -J&J
8354
85
Rutl Can 1st g gu 4s 1949-J&J
83 54
8354
Eq tr 454s 1927 (yr)___ M&N b 4.75 4.50%
St Clair M ad & St Louis Belt—
77
Alton Bridge 1st g 4s '5 1 --J&J
81
___
St Clair Term 1st 5s^ 1932__ F&A
____
St Johns & L Cham— 5s '44 M&S
St J & Gr Isl— 1st g 4s 1947.-J&J
8754
8854
St Lawr & Adir— See N Y Centra!
St. Louis A1 & T H— See 111 Cent
St Louis Br— See Term RR Assn
St L & Cairo— See Mobile & Ohio
St L Iron M t & Sou— See M o Pac
St L Mer Br Co— See Term RR
St L Peo & N W— See Ch & N W
St L Rocky M t & P 5s 1955— See Misc C o s,p .44
St L South— See Illinois Central
St Louis-San Fran (reorganized)
Prior lien 4s 1950 series A J&J
85 54
8554
Prior lien 5s 1950 series B --J& J 100 54 10054
Prior lien 6s 1928 series C - J&J 10154
102
Prior lien 5 54s '42 series D J&J 102 54 10254
98 V*
C um adj6s July 1955. - .A&O
9854
Income mtge 6s July 1960- -Oct
9954
9954
Eq tr 6s '28 '34 (y r)_____J&.T15 b 5.10 4.95%
Eq tr 5s 1927-37 (y ea r)...M & S 64.80% 4.70%
Gen mtge gold 6s 1931.. J&J 10554
Gen mtge gold 5s 1931.. J&J 10054
St Louis Southwestern—
1st g 4s 1989 - - ________ M&N
86 Va
8654
2d g inc 4s N ov 1989_____J&J
8)54
82 54
1st consol g 4s 1932 _____ J&D
95
9554
1st term & unif 5s 1952-- J&J
97 54
98
Eq tr 554s 1927-1939 (s-a) M&S 6 5.15 4.95%
Cent Ark & Ea 1st 5s '40 op.J&J
96
97
Grays Pt Term g 5s 1947r.J&D
96 Vs
Shrev Bdg & Ter 5s '55 gu F&A
95
StephenvN&STex 5s’40 op.J&J
96
97
St Paul Bridge & Terminal R y—
1st M 6s 1929 - J&J 10054 102
St Paul & Duluth— See Nor Pac
St Paul East Gr Trk— See C&N W & N W
St P & K C Sh L— See C R I & P R I & Pac
St Paul Minn & Manitoba—
9754
1st consol g 4s 1933______ J&J
9954
1st consol g 6s 1933._____ J&J
107 54 10854
1st cons red to 454s g 1933 J&J 100
Montana ext 1st 4s 1937-J&D
96
Pacific Ext 1st 4s £1940--J&J
92
9054
Eastern Ry of Minnesota—
Nor Div 1st g 4s 1948 A&O
9354
94
M ont Cent 1st gd 6s 1937.J&J 111 54 11254
1st guar gold 5s 1937
J&J 103 54
Will & S F 1st 5s g 19 38---J&D 10454 10454
St Paul & Nor Pac— See Nor Pac
St Paul Union Depot—
1st & ref 5s 1972_________ J&J 10554 10554
Salt Lake City Un Dep & R R —
1st M 5s 1938___ - M&N
95
97
San Ant & Aran Pass— See SoPac
San Fr & S Jo Val— See A T & SFe
San Fran Term— See Sou Pacific
Santa Fe Pres & Ph— See AT&SFe
Sault Ste Marie Bridge—
1st M s f 5s July 1 1937—J&J

I In London,

n N om in al.

sS a le p rice .

{T a x -e x e m p t,

34

[V ol.
RAILROAD BONDS AND STOCKS
NOTICE.—All bond prices are “and interest” except where marked "f” and income and defaulted bonds.
Bonds.

Bid.

Sav Pla & W — See Atl Coast Lino
Sav & States— st g gu 5s ’53-J&J
Scioto Vail & N E— See Norf & W
Seab Air Line— 1st g 4s 1950- A&O
8214
Stamped_____________________
8114
Adj mtge 5s Oct 1 1949--F&A f 87
Ref gold 4s 1959 opt_____A&O
73 34
1st & cons 8s 1945 ser A ..M & S
98 >2
Equip trust 6s 1927 _____J&D 6 5%
Equip tr 6s (s-a) 1927-37-F&A b 5.25
Eq tr 534s 1927-1932 (s-a) A&O b 5.20
Eq tr 5s 1927-1940 (s - a )J & J b 5.05
E qtr 434sJnol5’28-40(s-a)J&D b 5%
Atlanta-Birmingham Div—
1st g 4s May 1 1933------M&S
93
Caro Cent 1st g gu. 4s ’4 9 .-J&J
85
Florida Central & Peninsula—
1st 1 g ext 5s gold 1930--J&J 10014
1st cons 5s gold 1943___ J&J
10154
Sou Bound 1st g 5° ’41-A&O
9914
Florida West Sh 5s 1934--J&J
96 H
Ga & Ala 5s Oct 1945- ..J& J
9814
Ga & Ala Term 1st g 5s’48.J&D
97
Ga Caro & N — 1st 5s g '29-J&J 100
Ral & Charleston 4s 1956-F&A
72
Consol 4s 1956 .........-F&A
62
Ral & Gaston— 1st 5s g’47 J&J 100
Seab & Roanoke—5sext'.31 J&J 100
Seab-All Florida Ry—
1st gu 5s 1935 series A ..F & A
9754
1st gu 6s 1935 ser B _____-F&A
Seacoast R R o f N J 5s ’4 8 --A&O
__
Sebast & Mooseh 1st 5s ’28-M&S
Bhamokin Sunbury & Lewisb’g—
2d 6s gold July 1 1925 ext at
5% to July 1 1945------ J&J
Sher Shrev & So— See Mo K & T
Shrev Bdg & Ter— See St L So W
Sierra Ry o f California—
1st s f 6s g Apr 12 ’37-A&O 12
Sioux City & Pac— See Ch & N W
Somerset Ky 1st & ref 4s ’55-J&J
71
1st M 4s July 2 1950______J&J
73
So Caro & Ga— See Southern Ry
South Bound— See Seaboard Air L
So Indiana— See Ch T H & S E
Southern 111 & M o Bridge Co—
1st M g 4s 1951_________ M&N
81
Southern Pacific Co—
Coll tr 4s (C P) Aug 1 ’49 J&D
89
Conv g 4s June 1 ’29 op ’ 14M&S
9814
Conv g 5s 1934----------------J&D 10154
Coll trust 5s 1944_______ M&N 10014
Equip 7s 1927-1935 (yr) J&D b 4.75
Equip 5s 1927-1939 (yr)..M & N b 4.65
Equip tr 5s 1928-38 (yr).-J& D 6 4.65
Eq tr 434s 1928-40 (yr).-J& D b 4.65
Pacific Fruit Express equip 7s
June 1 1927-1935 (yr)__J&D b 4.80
Aus & Nor 1st 5s g 1941--J&J 102 34
Central Pacific—
1st ref 4s g guar 1949--F&A
9114
1st g guar 4s Oct 1 1954-A&Q
895s
M 3 34s g gu Aug 1 1929-J&D
9754
Guar g 5s 1960-------------F&A 101 54
m European loan 4s ’4 6 --M&S
Galveston Harrisb & San An—
Mex & P Div 1st 5s ’31-M&N 10014
2d M 5s 1921 gu_____J&J 10014
Houston East & West Texas—
1st 5s g May 1 1933__ M&N
10014
1st gu g 5s Mar 1933--M &N 10054
Houston & Texas Central —
1st lien g 5s 1937--------- J&J 10154
Waco & N W Div 6s ’30 M&N 101 54
Nor Cal Ry g 5s 1929— J&D
No Ry o f Ca’ 5s g gu 1938-A&0 10414
Oregon & Cal 1st 5s 1927--J&J 100
8 A & Ar Pass g gu 4s ’43-J&J
8914
San Fran Term 1st 4s 1950 A&O
90
So Pacific Br 6s 1937____A&O 111
Southern Pacific RR Cal—
1st con g 5s gu 1937__ M&N
105 54
1st ref g 4s 1955 op 1910-J&J
93 54
Stamped Federal Tax______
So Pac Coast 1st g 4s 1937-J&J
9514
Texas & N O con 5s 1943--J&J
99 54
Dallas Div 1st g 4s ’30-F&A
9514
Southern Railway—
1st consol gold 5s 1994------J&J 10714
Develop & gen M g 4s ’56-A&0
8654
Develop & gen 6s 1956__ A&O 11314
Develop & gen 634s 1956-A&0 120 34
Eq tr 6s ’28-’35 (yr)___ J&J15 6 5.05
Eq tr 5s 1928-39 (s-a)..-M & S 6 4.80
Eq tr 434sApr )27-’39 (s-a) A&O b 4.80
10154
10654
St Louis Div 1st g 4s 1951-J&J
8954
Aiken Br 1st g 4s 1998____J&J
Atlanta & Charlotte Air Line—
1st M 434s 1944 ser A .-J& J
9714
1st M 5s 1944 ser B ____J&J 10414
Atl & Danville 1st 4s 1948-J&J
7914
2d g 4s 1948_________ J&J
7314
Atl & Yad 1st gu g 4s ’4 9 --A&O
8314
E T Ya & Ga— Div g 5s ’30 J&J 101
Consol 1st g 5s 1956__ M&N
106
Ga Mid 1st g 3s 1946_____A&O
7214
L & N So joint g 4s— See L & N
M ob & Birm pr lien 5s ’45-J&J 10014
Small______________________
9814
Gen M g 4s 1945.........-J&J
87
Small____________________
8214
Mobile & O coll tr 4s ’38-M&S
9114
Rich & Dan deb 5s stpd’27 A&O
Richmond & Mechlenburg—■
1st g 4s Nov 1 1948__ M&
7914
So Caro & Ga 1st 5 34s ’29 M&N 10114
Virginia Midland—
10054
10254
102

8414
97

Ask.

_

82
8714
74
98 54
4.60%
5%
4.95%
4.90%
4.90%
94
86
10014
98
99 54
99
10014
76
102

__

9754
9754

74
76

83
8914
99
10214
101
4.65%
4.60%
4.60%
4.55%
4.70%
9154
89 54
102
10114
10014

_

10014
90
91

9314
101
108
86 54
114
12014
4.95%
4.70%
4.65%
10714
9014
104 34
8014
74
83 54
10614
7354

9214
100
8054
10154
10254
9514
8554

Suff & Carolina— See Norf &
Sunbury Hazleton & W -B—
Sunbury & Lew— See Penn RR

b Basis.

/T h i s price includes accrued interest




B onds.

Bid.

Sup Sh Line— See C St P M & Om
Tampa & Gulf Coast—■
1st g 5s 1953 - - ...........-A&O
91 34
Tampa & Jacksonville—
1st M 5s 1949 ctf d ep -- A&O
60
Tampa North 1st 5s ’36 op-J&J
9534
Tennessee Central R y—
1st m 6s 1947 Ser A _______ A&O
97
Term RR Assn (St Louis)—
1st gold 434s 1 9 3 9 - - ____A&O
9834
1st consol gold 5s 1944__ F&A
102 %
Gen ref s f g 4s ’53 op TO J&J
87Vs
10334
St L Br 1st g 7s 1929_____A&O
St L Mer Brdge T — 5s ’30 A&O 100 T
Mer Brdge 6s ’29 op ’09 F&A 10134
Terre Haute & Peo 5s 1942-M&S 101
Texarkana & Ft Smith—
1st m 514s 1950 guar____F&A
104
Texas City Term 6s 1941-J&J26
99
Texas & New Orleans— See So Pac
Texas & Okla— See M K & T
105 %
Texas & Pac 1st 5s 2000____J&D
2d Inc g 5s Dec 2000_____Mar f - - - Louisiana'Div 1st 5s 1931-J&J 10034
Eq tr 5s 1927-1939 ______M&N b 5%
Denison & Pac Sub 1930-M&S
98
Weatherford Mln W & North—
1st guar f 5s 1930 - __ F&A
9834
Tex Pac-Mo Pac Term R R —
1st M g 514s 1964 . ...M & S
10434
Tol Can So & Det— See Mich Cen
Tol & Ohio Cent 1st 5s 1935--J&J 10134
West Div 1st 5s g 1935__ A&O
10034
100
General gold 5s 1935 ___ J&D
St M ary’s Div 4s g 1951 F&A
8734
55.10%
Eq tr 6s 1928 1935 (yr)-J&J15
Kana & Mich 1st 4s 1990 -A&O
8634
2d mtge gold 5s 1927-_ J&J 100
Eq tr 6s 1928-35 (yr)-J&J15 65.20%
96
Kanawha & W Va 5s 1955 J&J
Toledo Peoria & Western—
1st gold 4s July 1 1917___ J&J /
Toledo St Louis & Western—
89
1st gold 4s Apr 1 1950___ A&O
93
Tol Term 1st 4 34s ’57 gu__ M&N
Tol Walh Val & O— See Penn RR
Toronto Hamilton & Buffalo—
90
1st gold 4s June 1 1946-. J&D
62
Ulster & Del cons 5s 1928__ J&D
1st ref gold 4s 1952______ A&O
4034
Union Pacific—
1st ry & land gr 4s g 1947- - J&J
9534
Conv 4s 1927____________ J&J
99J4
93
1st & ref 4s June 2008____M&S
1st & ref 5s June 2 2008__ M&S 10934
10-year 6s July 1928 ___ J&J
10134
E q tr 4 34s 1928-38 (yr)--_M & N 64 65%
Eq 414s Mar 15 ’29-’39-M&S15 64.65%
Equip tr 5s 1928-’37 (yr)_-M&S 64.65%
Equip tr 7s 1927-’35 (y r)-.J& D 64.70%
Ore RR & Nav— See Ore-Wash
Ore Short Line 1st 5s 1946 J&J 10734
1st cons guar 5s 1946-- J&J 107 34
Ref g gu 4s ’29 opt ’07-.J& D
98 34
Utah & Northern—
1st 7s ’08 ext at 4% to ’33 J&J
9734
Union Terminal Co (Dallas)—
1st g 5s 1942 opt 1922___ A&O
10134
United N J RR & Canal Co—
98
General gold 4s 1929 - ..M & S
General gold 4s 1944 __ M&S
9434
Gen 1st g 3J4s Mar 1 ’51- M&S
8234
Upper Coos— See Maine Central
Utah & Northern— See Union Pac
Utica Clin & Bing— See Del & H
Vandalia R R —
Cong 4s 1955 series A ____F&A
93 34
Series B 1957- ______ M&N
93 34
Vtra Cruz & Pacific R R —
1st gold 4 J4s 1934 op t_____J&J / . . . .
July 1914 coupon on __
/ 24
1st gold 4J4s 1934 assenting.- / -----87
Vermont Vail 1st 434s 1940 A&O
Vicksburg Shreveport & Pacific—
Pr lien 6s T5 ext 5% '40--M & N 101
Gen 5s M ay 1 1941 - _ M&N
99
Ref & impt 6s 1973 ser A M&N 106 34
Virginia Midland— See South Ry
Va & Southwest— See South Ry
Virginian Railway—
1st M gold 5s 1962 opt__ M&N
103
Eq 6sAApr’27-Apr’30(s-a) A&O 6 5.10
Wabash— 1st gold 5s 1939--M&N 10334
2d gold 5s 1939__________ F&A
10134
Deb mtge 6s series B 1939 J&J / 99
1st lien term gold 4s 1954--J&J
8534
Ref & gen 534s 1975 A ____M&S 10134
Ref & gen 5s 1976 ser B ..F & A
9934
Eq tr 6s 1928-’35 (year)_J&J15 6 5.15
Det & Chic ext 1st g 5s *41 J&J 103 K
Des M Div 1st g 4s 1939 J&J
8934
K C Excelsior Spgs & N W —
1st 4s 1928 ___
- -_J&J
97
Toledo & Chic 4s g 1941--M&S
9034
Omaha Div 1st 3 34s g '41 _A&O
8334
Waco & N W— See Hous & Tex C
Warren R R — See D L & W
Wash & Colum Rlv 4s 1935--J&J
Washington Cent— See Nor Pac
Wash Co Ry— See Maine Centra]
Wash Term Co— 334s 1945--F&A
8534
1st gold 4s 1945 g u a r ___ F&A
9134
Washington & Vandemere—
1st 434s 1947 _____ . . . F&A
96
Weath’d Mln W & N— See Tex&P
West Jersey & Sea Shore—
Consol gold 4s 1936______ J&J
95 34
Cons 334s g series B 1936--J&J
92
West Maryland 4s 1952_____A&O
7934
6% gold notes 1915 op t__ J&J
Balt & Harris g 5s 1936__ M&N
1st M West Ext g 5s ’38 M&N
West N Y & Penna 5s 1937.-J&J 10134
Gen mtge gold 4s 1943____A&O
88
Income g 5s Apr 1943____Nov 1 /
Western Pacific RR Corp—
1st M 5s 1946 series A ___ M&S
99 34
1st M 6s 1946 series B ____M&S 10334
4% notes 1930- _______ A&O
95
Eq tr 534s 1927-38 (y r)-..J & D 65.10%
Western Pa— 1st g 4s 1928 -J&D
99
West Ry o f Ala— 434s 1918 ext at
6% to Oct. 1 1928_______ A&O
West Shore— See NYC & H R RR
West Side Belt— See Pitts Term
West Va & Pittsb— See B & O

k Last sale.

In London,

Ask.
92 34
70
9634
100
9934
88
104 M
101
10234
10134
10434
9934
10534
105
100 34
4.75%
9934

10134
89
4.95%
86 34
100 34
5%
9734
32
89 34
94
90 34
65
4034
96
100
9334
110
102
4.55%
4.55%
4.55%
4.65%
107 34
108
9834
9834
103

_
___
25 34

Bonds and Stocks.

87
104 34
100
5%
105

8334

8634
9734
96 34
8034

10234
89
99 34
10434
96
4.90%

Bid.

Wheeling & Lake Erie R R —
1st consol gold 4s 1949___ M&S
R ef M 4>4s series A 1966-M&S
Eq tr 4s 1927 (y e a r )_____A&O
Wheeling Div 1st g 5s ’2 8 --J&J
Exten & impt g 5s 1930__ F&A
Wheeling Term 4s 1940___ F&A
Wichita Falls & Northwestern—
1st 5s, Jan 1939__________ J&J
1st & ref g 5s 1940 opt____J&J
Wichita Union Terminal R y—
1st g gu 434s 1941 o p t __ M&N
Wilkes-B & East— See NYS & W
Williamsport & N Branch R R —
1st ref gold 4H s 1931_____J&J
Wilmar & S Falls— See St P M&M
Wil & Newbern— See Atl Coast L
Wil & Nor— See Phila & Reading
Wil & Weldon— See A tl Coast L
Winston-Salem Southbound—
1st gold guar 4s 1960_____J&J
Winston-Salem Terminal Co—
1st M gold 5s 1966_______ A&O
Wis Cent Ry— 1st M g 4s ’49 J&J
1st & ref 4s 1959_________ A&O
5% notes 1930___________ J
Marshfield & South East Div
pur mon 1st g 4s 1951--M&N
Sup & Dul Div 4s 1 9 36-.-M&N
Minneap Term 334s ’50 opt J&J
Wor Nashua & Roch 4-5s 1945- 4s Oct 11934_____
A&O
Yosemite Val s f g 5s 1936__ J&J

2d pref (guar P & R ).

140
140
95

97

8634

8714

74

100

83
91 %
72
93
90

100 100
50 d 45
50 d 4434
30 d 47
100 295
100 15634
100
100 154
100
100
734
100

1034

100 2 1 5 "
100
35 >4
100
49 4
100
1634
100
2534
100
100
70
100
144
100
1434
1011 22
100
2134
100
8534
Preferred
100 128
100
81 Vs
100 106)4
too
9734
100
60
Preferred
100 125
100
100
100 350
100 104
Jinc Sandusky & Cleve pref. 50 d 6234
100 275
100 101
50 d 74
50 d 43
100
91
72
100
100
69
Oolumbus & Xenia (guar)____ 50 d 93
Conn & Pass Riv p re f..
100
99
-<t> d 35
100
73
Oripple Creek Central .
100
334
Preferred__________
19
10(1
80
50 d 37
50 d 8634
100 160
100 18034
5(1 d 15034
25 d 4034
Denv & Rio Gr W pref.
too
5634
.100
7834
100
34
Preferred
100
55
100
4
.100
6

m Dollars per 500 francs or £20.

n N om in al.

Ask.

88
8754
90 H
92 34
4.65 4.50%
100
10014
100
91

R AILROAD STOCKS.
Par.
Ala Great Southern com ______ 50 d 124
Preferred__________________ 50 d 126
Alabama & Vicksburg_______ 100 11934
Albany & Susquehanna (guar) 100 213
Allegheny & West (guar)_____ 100
110
Ann Arbor common__________100
4514
Preferred_________________ 100
70
Atch Top & Santa Fe________ 100 17014
Preferred____________ _____ 100 100 M
Atlanta Birm & Atlantic_____100
Atlan & Char Air L (guar)____100
183 *
Atlanta & West Point_______ 100 175
Atlantic Coast L Co of Conn _ _ 50 d 235
Atlantic Coast L RR com ____100 193
Atlantic 1st leased lines rent tr__ Id 70
Augusta & Savannah (guar)--lOO 100
Balt & Ohio— Common______ 100
114
Preferred_________________ 100
7514
Bangor Aroostook common__ 50 d 56 34
Preferred_________________ 100 106
Beech Creek (guar N Y C ) ____50 d 41
Boston & Alb (guar N Y O )__ 100
179
Boston & Maine com (stpd)__100
56.14
Preferred unstamped______100
1st preferred A unstamped-100
81~~
1st preferred B unstamped. 100 125
1st preferred O unstamped-100 103
1st preferred D unstamped-100 155
1st preferred E unstamped-100
3ost & Prov (guar Old C ol)___100
196"
Boston Rev Beach & Lynn__ 100
Brunswick Ter & Ry Sec Co -.100
IT"
Buffalo Roch & Pittsburgh__ 100
8314
Preferred_________________ 100 10014
Buff & Susq RR Corp________ 100
45
Preferred_________________ 100
45
Jamden & Burl Co (guar)____25 d 29
Oanada Southern_________ „_100
59
Canadian Pacific_____________ 100 19014
Preferred_________________
100 Id g5
77
.............. - - - -

Certificates of deposit__
Preferred_______________
Certificates of deposit .

1033-s
4.85%
10334
102

124.

< Sale price,

8314
7414
10014
9254

127
128

121
222

47"
71
17014
101
185
194"
74
102

11414
76 *4
5714
107
42
56"
85"
135
197

ini

8314
106
50
48
31
60
191
79

103
4634
4534
48
301
157

734
1J "
37
51
1654
2834
1534
14-34
22 3-2
2234
85 %
132 34
82
106)4
98
6134
375
105
305
104
75
92
75
72
100
45
7334
434
21
84

18134
151
57
60
60
434
7

M ar ., 1927.]

SAILBOAT) STOCKS -L A N D BANK BONDS AND STOCKS

35

N OTICE.— All bond prices are “ and interest” except where marked ' I” and Income and defaulted bonds.
Stocks.

Par.

Bid

Ask.

B onds and S tocks.

Par.

Bid.

Ask.

98
Roch & Genesee Val R R _____100
East Penna (guar P & R )------ . 50 d 60
97
43
100
Rome & Clinton (gu D & H )..1 0 0
Elmira & W m sport (gu ar).. . 50 d 40
56
591* Rutland preferred___________ 100
58
Preferred (guar Nor Cent) . 5(1 d 58 4
119
121
46 4
461* St Louis Bridge 1st pref______100
Erie— Common_______ __ 10C
60
2d preferred________ ______ 100
Common ctfs of deposit__ .10(1
5834
57
5613
1st preferred.
.
____ 10(1
St Louls-San Francisco R y -.100 1131* 1131*
97
Prof stock series A ________ 100
1st pref ctfs of deposit. . - 10(1
9754
703*
52
6934
525* St Louis Southwestern_______ 100
2d preferred- ____ _ - 10(1
Preferred
______________100
8234
2d pref ctf of d e p o s it____ 10(1
833*
81
Srle & Kalamazoo (guar)____ 5(1 d 79
Saratoga & Schenectady (gu) .100 100
64
38 3*
39
Erie & Pitts (guar Pa E E )__ . 5(1 d 63
Seaboard Air Line common__ 100
401*
41
7
Fonda Johns & Glov com __ 70(1
6
Preferred_________________ 100
65
60
Sharon_____
________ _____ 50 d 44
Preferred _
___
10C
1091* 110
Ft Dodge Des M & So c o m .. .10(1
Southern Pacific C o_________ 100
10
Southern Ry common_______ 100 1241* 125
Preferred__________ _____ 10C
___
95
Ft Wayne & Jack pref (guar) .10(1 109
Preferred_________________ 100
953*
212
80
81
Georgia RR & Bank Co (gu) . -10(1 210
M ob & Ohio stk tr c t f s ___ 100
101
102
150
Georgia Southern & Florida . -10(1 130
Southwestern of Ga (guar)__ 100
633*
inc
93
95
64
1st preferred_________
Texas & Pacific_____ _______ 100
150
Troy & Gr’bush (gu N Y C )_ . 50 d 60
2d preferred_________ ____ 10(1 130
119
89
121
Great Northern Ry— Pref
-10(J
88 n
Tunnel RR of St Louis ____100
22
1693* 1691*
Ore certificates . ..(n o par) d 21 M
Union Pacific— Common_____100
80 4
82
84
81
Green Bay & Western______ 10(1
Preferred- ________ __ . 100
49
212
Gulf Mobile & North com ___ .10(1
48 4
United N J R R & Canal (gu).100 210
Preferred________________ 10(1 1071* 1081* Utica Chen & Susq Val (gu)-100 12134 123
42
32
30
Hartford & Conn Western__ .10(1
Utica Clinton & Binghamton. 100
44
219
Hocking Valley— C om m on.. .10(1 205
Valley RR (N Y) (guar)_____100 101
10(1
116
Certificates o f deposit
Vermont & Mass (guar)_____100 110
993*
53 4
541* Vicksb Shrevep & Pac com __ 100
Hudson & Manhattan______ 10(1
83
Preferred _________________ 100 100
103
Preferred______ _______ 10(1
80
____
Virginian Railway__________ 100
Huntlngd & Broad Top v t c . . 50 d ___
741*
50 d ____
75
943*
Preferred A _______________100
95
Illinois Central_____________ inn 128
1281*
85
130
Preferred B _______________100
89
Non-cumul 6% pref Ser A . 100 126
Leased lines (guar)_______ .100
791* Warren N J (guar D L & W )..5 0 d 70
79 4
7134
283*
Stk tr ctfs— See R R Securs C o.
Western Maryland R y c o m ..l0 0
29
___
110
Int & Great North Ry v t c . . .100
1st preferred______________100
115
331*
25
261*
Internat Rys (Cent Am) com .100
2d preferred_______________100
35
331*
65
Preferred________________ 100
34
64
Western Pacific R R Corp____100
74
Preferred_________________ 100
Iowa Central_______________ 100
3
741*
34
139
West Jersey & Sea Sh— C om ..50 d 411*
43
Joliet & Chic (guar O & A ) . . .100 135
67
Kal Allegan & Gr Rap (gu)_. -100 100
114
Wheeling & Lake Erie R y ____100
751*
K C Ft Scott & Memphis Ry
Prior lien stock 7% . _ ..1 0 0 164
170
81 Yi
Pref Cent Tr ctf dep stpd. .100
75
Preferred_________________ 100
89
K C St L & Chic— Pref (gu). -100 106
51 4
51 1*
JOINT STOCK LAND BA NK BO NDS
Kansas City Southern______ 100
67
671* Agricultural— 5s '53 op '33.M&N 100
102
Preferred______
_____ 100
821*
841* Atlanta— 5s 1952 op 1932.-J&D 1001* 1021*
Lackawanna R R o f N J____ 100
101
103
Lehigh Valley___________ _
119
5s 1955 opt 1935________ M&N
50 d 118
Preferred________________ . 50 d ___
5s 1956 opt 1936________ M&S 1011* 1031*
Little Miami original gu ar.. . 50 d 93
95
Atlantic— 5s 1953 op 1933_M&S
991* 101
99 *4 101
441*
5s 1952 opt 1932_________ M&S
Spec guar betterment stk. . 50 d 43
43
991* 191
d 411*
5s 1954 op 1934._________ J&J
991* 101
Louis & M o Riv pref (guar) _.100 105
5s 1955 opt 1935________ J&D
115
____ 10314
Louisv Hend & St L com __ .100 185
5s 1957 opt 1937—
„ -M&S
89
90
91
Bankers— 5s '53 op '2 8 .. .J&J
98
Preferred________________ 100
89
Louisville & Nashyille___ . . . 100 135 4
5s May 1952 op 1932____M&N
98
13634
80
Mahoning Coal R R ________ 50 d 900
434s 1955 opt 1935_______ J&J
93
99
52
California— 5s 1951 op 1931.M&N
101
Pref (guar L 8 & M S )____ 50 d 49
100
631*
Central 111— 5s '53 op '33 . —J&D 100
102
64
82
5s July 1 1953 op 1933.-.J& J 100
102
Preferred________________ .100 x 79
98
1600
Central Iowa— 5s 1953 op’33 A&O
Michigan Central__________ 100 1000
100
98
Mlnehill & Schuyl Hav (gu). . 50 d 53
54
5s May 1 1942 op 1927.-M&N
100
93
Minneapolis & St Louis _ . _ 100
3
41*s Nov 1 '62 op '32____M&N
96
24
35
Minneapolis S t P & S S M . . .100
37
Chicago Joint 5348 '51 op’31M&N 1001* 10234
5s 1951 op 1931_________ M&N
98
Preferred______
54
60
1001*
_______ 100
98
4% leased line c t f s . - ____ -100
62
5s 1952 op 1932................M&N
61
10034
98
1093*
Mississippi Central_________ .100
21 1*
24
5s 1963 op 1933................. M&N
971*
Mo-Kan-Tex R R co m ..(n o par) d 41
4 4 s 1952 op 1932............ M&N
415*
993*
Preferred________________ .100
99 4
4 4 s 1963 op 1933____..M & N
974
991*
99 4
Missouri Pacific com _______ . 100
51 4
4 4 s 1952 op 1932—
M&N
95
51 5*
98'4
Preferred________________ 100 101 4
95
101 1*
434a 1964 opt 1934 .........M&N
98 4
Mobile & Birm pref (guar)__ .100
95
781*
801*
434s 1965 op 1 9 3 5 . . . ___ A&O
98,4
99
Mobile & Ohio— See Southern Ry
Oolo-Wyo 5s '53 op ’33____A&O
101
82 % Columbus 5s 1955 opt 1935- J&J 1001* 102
Morris & Essex (guar)_____ 50 d 801*
Nashv Chatt & St Louis . . 100 160
180
Dallas— 5s 1953 op 1933__ M&S 10034 102
Nashv & Decatur (gu L & N) . 25 d 381*
40
5s 1954 opt 1934__________ . . .
1003* 102
5s 1963 opt 1933 ____________
National Rys o f Mex 1st pref.100
4
5
1003* 1021*
2
Second preferred_________ 100
21*
5s 1965 opt 1935................. J&J
101
103
New London Northern_____ 100 133
5s 1966 opt 1936________ J&J
136
10134 1031*
____
New Orleans Great North__ .100
5s 1966 opt 1936________ A&O 101
103
New Orl Texas & M exico___ .100 132
133
534a 1951 op 1931_______ M&N
10134 10334
N Y Bkln & Man B pref (gu) .100 120
Dayton-Agrlc 5 s '54 o p ’3 4 .. J&J 100
102
Denver— 5s 1954 opt 1934.-J&D 1003* 1023*
New York Central R R _ _ 100 1435* 144
Dividend payable in L ondon.. Ml 48
5s 1055 opt 1935________ P&A
150
100 4
102
N Y Chic & St Louis com __ .100 191
192
5s 1956 opt 1936--.._____F&A
1011* 100 l*
Common ctfs of deposit__ -100
Des Moines— 5s '52 opt '32.M &N
97
99
6% preferred________ __ 100 1021* 1031*
5s 1963 opt 1933________ M&N
97
99
__
. _ First Carolinas— 5s’52op’32.M&N 9934
0% pref ctfs of deposit____ 10(1
101
N Y & Harlem com (gu) ____ 50 d 172
991* 101
175
5s 1954 opt 1934____...A & O
Preferred___________ _ . 5(1 1681* 191
5s 1955 opt 1935_________ J&J
991* 101
N Y Lack & West (guar)__ .100 105
First of Ohey— 5s'52 op’32 M&N 100
106
102
N Y New Haven & Hartf__ -too
56
561* First of Clev— 5s '53 op '33-M&N 100
102
305*
93
N Y Ontario & Western____ 100
97
30 5* First of Minn— 5s '51 op ’31 M&N
Norfolk Southern__________ 100
431*
6s 1952 opt 1927____...M & N
93
43 5*
97
5s 1952 opt 1932— ____M&N
Norfolk & Western R y __ _ 100 1681* 169
93
97
Adjustment preferred __ 100
84
85
os 1953 opt 1933........... .M&N
93
97
No Carolina (guar So R R ) .. .100 140
5 4 s 1951 opt 1931______ M&N
95
100
Northern Cent (guar Pa RR) 50 d 811*
83
First of Montgomery 5s ’54 op ’34 10034 10234
North’n N H (guar B & M )_ .10(1 100
5s 1966 opt 1936 .
_ .A&O 101
103
First New Orl 5s ’44 op ’34 M&N 100J4 1021*
Northern Pacific R y _______ 100
881*
89
North RR o f N J (guar Erie) .100
First Texas— 5s ’42 opt ’32.M&N 1003* 102 3*
67
70
Northern Securities Co stubs
d 133
138
5s 1943 opt 1933.............M&N
1003* 1023*
North Pennsylv (gu P & R ). 50 d 82
83
5s 1965 opt 1935................M&S
1003* 1023*
N o r w ic h & W o r c e ste r p r o f_ _ .100
13 6
5s 1966 op t 1936
..A & O
101
138
103
Fletcher 44*9 1954 opt 1934 M&N
100^
-100 d 85
9 9 y>
Old Colony (gu N Y N H & H ). .100 126
434s 1955 opt 1935______ M&N
129
991* 10114
Ontario & Quebec .
. . -100 M ilo
Fremont— 5s 1953 opt ’3 3 .J&D
119
9834 1001*
Oswego & Syrac (gu D L « W) 50 d 90
5s 1952 opt 1932_______ M&N
981* 10034
Paterson & Hudson River__ 50 a 60
62
4 4 s 1965 opt 1935______ J&D
981*
9934
Greensboro(NO)5s’53 op ’33 A&O 100
Pennsylvania R R __________
50 d 585*
59
102
Greenbrier 5s 1964 opt 1934. A&O 1003* 1023*
Peoria & Bureau Val (guar). .100 126
5s 1965 opt 1935_______ - J&J 101
Peoria & E a ste rn ____ _____ 10(1
29
30
103
Ill-Midwest— 5s ’53 op ’33.A & 0 101
Pere Marquette R y com ____ 100 121
122
103
6s 1954 opt 1934......... ..J & D
Common ctfs of deposit__ .100
101
103
5s 1955 opt 1935............. .M & N
Preferred___ ____ _______ 101)
90
101
103
91
Preferred ctfs o f deposit.. .100
4 4 s 1956 opt 1936______ M&N
981* 100
Prior preferred__________ 100
93
981* 100
93 5* Iowa 434s 1955 opt 1935____A&O
Kansas City— 5s ’52 op ’32.M&N
Prior pref ctfs of deposit.. -100
98
100
Phila Germ & Norris (guar). 50 d 123
5s 1953 opt 1923......... ..M & N
98
100
5s 1954 opt 1934..............F & A
Phila & Trenton (gu Pa RR) .100 211
215
98
100
Pittsburgh Bess & Lake Erie. 50 d 311*
5s 1964 opt 1934.............M&N
33
98
100
Preferred________________
5s 1964 opt 1934 ............M &N
50 d 61
98
100
Pitts Cine Chic & St Louis. . .100 100
4 34a 1965 opt 1935______ A&O
95
98
Kentucky— 5s152 opt ’32__ M&N
Pitts Ft W & Chic com (gu). .100 142
101
145
103
Preferred (guar Penn R R ) _ .100 149
5s 1943 opt 19 28.-____...F & A
151
100
101
Pittsburgh & Lake Brie_____ 50 180
6s
1954
opt
1934...........-J&J
181
102
1033*
PIttsb M cK & Yough (guar). 50 d 52
Liberty Cent— 5s ’52 op ’32.M&N
54
981*
994
Plttsb & West Va com m on.. .100 136
6s 1953 opt 1933.........— M&N
98 3*
137
994
Lincoln— 5s 1951 opt 1931. M&N
Pitts Youngst & Asht pref_ .100 145
991* 1005*
Prov & Worcester (guar)____ .100 180
5s 1943 opt 1928.............M&N
991* 1004
5s 1942 opt 1927............. M&N
Railroad Securities Co—
991* 1004
4% 111 Cent stk ctf 1952. — 1000
434s 1965 opt 1935.............J&J
765*
771*
98
994
Reading Company_________ 50 d 1095* 1091*
434s 1966 opt 1936_______ J&J
98
994
Louisville— 5s 1952 opt 1932M&N 101
1st preferred____________
50 d 411*
42
103
Maryland-Va 5s ’55 opt ’35.M &N 1013* 103 4
2d preferred______________ 50 d 48 4
49
Rensselaer & Saratoga (guar) .100 132
5s 1956 opt 1936— .........J&D
136
10134 1034
New York 5s 1953 opt 1933. J&J 10034 1034
Rich Fred & Potom— C o m .. .100 294
Dividend obligations------- 100 294
5s 1955 opt 1935.................J&J 101
1034
5s 1956 opt 1936________ M&N
6% guaranteed__________ Kill 294
101
104
7% guaranteed .
mo 294
N Y & Pa— 6s ’53 opt ’3 3 . . . J&J 100
—
102
6 Basis, d Price per share, not per cent. /F la t price, t Last sale.
In London, a Nominal.
iii-dlvidenc!.
Ex-rlghte,




B onds and S tocks.

Bid.

Ask

N Y & N J 5a 1953 opt ’33—J&D
5s 1954 opt 1934 _____ M&N
5s 1955 opt 1935_______ J&E
5s 1956 opt 1936 . . .J & E
No Caro— 5s '53 opt ’33____M&S
5s 1952 opt 1932 ______ M&N
6s 1955 opt 1935______ F&A
5s 1956 opt 1936 . . . . _M&S
Ohio— 5s 1953 opt 1933.— M&N
Ohlo-Penna 5s 1954 opt 1934. J&J
Ore-Wash— 5s ’52 opt ’32..M & K
Pacific Coast Jt Stk Land Bk—
Portland, Ore— 5s’53od’33 J&J
5s 1954 opt 1934_____M&N
5s 1955 opt 1935______ M&N
5s 1956 opt 1936 . . ..J & J
Los Angeles— 5s '63 op ’33 J&J
San Fran— 5s ’53 opt ’33__ J&J
San Fran 5s '54 opt '34
M&S
Salt Lake O— 5s '53 op ’33. J&J
Pennsylvania 5s '55 opt ’35 - F&A
5s 1966 opt 1936
A&O
Potomac 5s 1954 opt 1934 .J&D
5s 1956 opt 1936_________ J&D
St Louis— 5s 1953 opt ’33. J&D
5s 1952 opt 1932............M&N
5s 1943 opt 1928.............J&D
5s 1955 opt 1935________ M&S
4 4 s 1956 opt 1936 . ..J & J
San Antonio 5s ’53 opt ’33.M&N
5s 1953 opt 1933_______ M&N
6s 1954 opt 1934 . . . ...M & N
5s 1956 opt 1936 .
J&J
5s 1957 opt 1937. ______J&J
Shenandoah Val 5s '45 od '35 J&D
South Minn— 5s '53 od '33.M&N
5s 1952 opt 1932
M&n
5s 1964 opt 1934............M & N
Southwest 5s 1956 opt 1936 M&N
Union (Detroit)5s '55 opt’35M&N
5s 1956 opt 1936________ J&J
4 4 s 1955 opt 1935_______ J&J
4 4 s 1956opt 1936. . . J&J
Union (Kentucky & Tennessee)—
5s 1952 opt 1932_______ M&N
Virglnla-Caro 5s '54 opt '3 4 .F&A
5s 1956 opt 1936_________ F&A
Virginian—5s '53 opt '33. „ M&N
5s Nov 1 1951 opt 1931 ..M & N
Wichita— 5s 1953 opt 1933. F&A
5s 1952 opt 1932 ...........J& D
STOCKS
Far

101

103
103 4
1034
104
102 4
1024
1024
103 ^
ioo 3

Bankers of Milwaukee.
..1 00
Chicago 6 % _________________ 100
Dallas 10% _________________ 100
Denver 8 % ______________
Des M o i n e s . . _______ ______ 100
First Carolinas 8 % ____________
Freeraont 7 % _______________
Kansas C i t y __________ _____ 100
Lincoln 8 % _________________ 100
New Y ork_______________
io
New York & N . J ________ 100
North Carolina 8 % _____ ______
San Antonio 8 % ______________
South Minnesota
_________ 100
...f
Virginia 8 % . - ___ REAL ESTATE BONDS.
Allerton Cleve Bldg 6 4 s 1945 .
Allerton 55th St C orp(N Y )54s'45
Allerton N Y Corp 5 4 s '47 J&J
Conv deb 6s 1942__
J&J
Belmont Bldg (NY) 6 4 s '44.F&A
Biltmore-Commodore 7s '34.M&S
Bing & Bing deb 6 4 s 1950 M&S
Broadway Bldg (N Y ) 5 4 s 1950.
Bway M ot Bldg (N Y) 6s’48.F&A
Bryant Pk Bldg (NY) 6 4 s ’45J&J
Busb Term Bldg 1st 5s I960.A&O
Chesebrough Bldg 6s 1948 A&O
Chic Beach Hotel 6s 1941 ..J & D
Court 8q Bldg (NY) 6s '58- M&N
Detroit Hotel 6 4 s 1929-41 M&S
Det Metrop Bldg 6 4 s 1940 M&S
Edgew Bch Hotel (Chic) 6s ’27-’40
Eppley Hotels 6 4 s 1941
.. J&J
Equit Office Bldg (N Y ) 5s 1952.
Ferry Sta P O (San Fr) 6s 1934 .
50 Bway Bldg (N Y ) 6s '46-M&S
Garrett Bldg (Chic) 5 4 s 1927-40
Greeley Sq Bldg 6s 1950___ F&A
Harrlman Bldg 6s 1958.
J&J
Jewelers Bldg (Chic) 7s '40.J&D
Lake Sh Ath Club (Chic) 6 4 s '45
La Salle Hotel 5 4 s 1940 _ ___
Loew's New Brd Prop 6s’45.J&D
Lond Gu & Acc Bldg (Chic) 6s '62
Lords Court Bldg 5 4 s 1942 J&D
Mack Trucks R E Sec 6s 1927-40
Mad Sq Garden 1st 7s 1945.M&N
Master Printers Bldg 6 4 s '46.J&J
MorrisonHotel(Chic) 6 4 s ’39 A&O
Munson Bldg (N Y) 04s'39.M &N
N a t P ress Bldg ( W a s h , 1 ) O) 6a'59
165 Broadway Bldg 5 4 s '51 F&A
one-Seventy Bway (N Y) 6 4 s '49
Palace Hotel (San Fr) 5s '45.F&A
Param Bway Corp 5 4 s ’ 51- J&J
Park Lexington Co 6 4 s '53 J&J
Park Row Bldg 6s 1943 - A&O
Pennsylvania Bldg 6s 1939- M&N
Plaza Office Bldg 1st 6 4 s '46 M&N
Postum Bldg 6 4 s 1943
M&N
Quincy Station P O (Chic) 6s 1941
Realty Assoc Sec Corp 6s '3 7 .J&J
Roosevelt Hotel 7s 1943.
J&D
St Charles Hotel (Atl Cy) 6 4 s '45
Savoy-Plaza Corp 6s 1945 J&D
Schulte R E Estate 6s 1935. J&D
Sevilla-Bilt Hotel 7 4 s'3 7 .M&N
Shelburn,lnc(AtlCy)6 4 s ’40 . J&J
Shubert Theat 7s '34 (with warr).
Sixty-One Bway 5 4 s 1950..A&O

101 x
1014
100 4
100
100
100

98
102 4
99
1004
1014
1014
1014
100 4
100 J*
1004
100 x
101 x
1014
100 X
101 x
100
100
100
100
97
98
98
98
98

1014

1024
1024

103
1034
102 4
102 4
1024

102 4
1034
103 4
1024
103%
102
102
102
102
100

99
94
94
94
101
1014
102
100
100

101
101
101
101
103
101
97
97
97
103
1034
104
1014
1014

99
1004
1014
1004
100
1004
98

101 4
IO2 4
10 34
102
1014
1024
100

120
10
73
123
98
45
95
90
63
113

130
15
78
128
102
53
100
95
67
118

no
130
106
37
d5

12.5
137
112
42
54

96 4
96 4
9S
102
92 4
984

98
97 4
98 4
974
100
103 4
934
100

100
98
98
98
98

100 4
994
100
100
100

100

101

99
97
994
98 4
98 4
96
95
974
98
101
99
100
104
97
98
101
100 X

101
98
1014
100
99 4
100
97

105
100
99
102
10J

96
98
99
99 4
91
99
964
100
99
100
98
10 34
94
99
94 X
100
994
114
994
97
1014
102
994
100
98
1024
97
98

964
100
994
100
91 4
100
98
101
101
102
100
105
100
100
944
102
1004
115
100
9 7 34
102 X
103
99 4
101
100
1034
99
100

99
103
994

Stanley Real Est 5 4 s '4 5 .-J&D
State Randolph Bid 6 4 s ’37 M&S
Stevens Hotel (Chic) 6s 1945.J&J
Taft Realty (New Hav) 6s'40A&0
Transp’n Bldg (Chic) 6 4 s ’4 1 M & N
Trinity Bldg 5 4 s 1939____ J&D
Tyler Bldg 6s 1953__ __ .A&O
Un Masonic Temp (Ch) 6 4 s 1949
Van Swerlngen Co 6s 1935 F&A
Varick St Sta P O (N Y) 6s 1941 100
102-.
Wadsworth Bldg(NY)6s '53. A&O
98
1004
Wardman Park Hotel 5 4 s 1941 .
Washington Bldg 6s 1940 .J&D
97
100
White M otor Realty 6s 1927-40.- 1004
101 4
Woodbridee Bldg 51** '41 -A&O 100
101
* Sale price. (N ew stock, u Ex-stock dividend,

36

PUBLIC UTILITIES
(Includes street and electric railways, gas, electric, power, water and telegraph and telephone companies.)

NOTIC3.—All bond prices are “and interest” except where marked “f” and income and defaulted bonds.
B onds.
Adirondack Elec Power Corp
1st M gold 5s 1962 o p t .— J&J
Adirondack P & L 1st 6s ’50 M&S
1st & ref 5 X s 1950--------- M&S
Deb 5s 1930.......................-J&J
Oonv deb 6s 1929...........-A&O
1st & ref 5s 1956_________ J&J
Alabama Power 1st 5a 1940-M&S
1st M 1& ref 6s 1951......... J&D
1st & ref 5s 1951_________ J&D
1st & ref 5s 1956________ M&N
Alabama Water 1st 6s 1932.J&J
iBt ref 6s 1947----------------J&J
Albany B y— See United Trac.
Alleg Bellev & P— See Phila Oo
Altoona & Logan Val Elec R y—
Con g 4 X s 1933 gu. ..P & A 16
Amer Commonwealth Power—
Deb g 6s 1952 ser A
F&A
American Gas deb 6s 2016..J&J
Am Gas & El coll 5s 2 0 0 7 — .F&A
Deb gold 8s 2014.............-M&N
Am Pow & L deb 6s 2010— M&S
Amer Pub Serv 6s 1942____J&T?
1st lien 5 X s 1942 — —J&D
1st 1 5s 1942 Ser O _______ J&D
Amer Rys coll tr 6s 1931------F&A
Amer Telep & Teleg 4s 1929.J&J
Cony g 4s ’36 conv aft ’09.M&S
Oonv 4H s ’33 op aft '25—M&S
Ool! trust 5s 1946_____..J & D
Deb 5 X s N ov 1 1943— M&N
Amer W W & El 5s 1934— .A&O
Deb g 6s 1975 Ser A . — M&N
Amerlcus Ltg 1st s f 6s ‘37-A&O
Ana & Pot li B R — See W Ry&El
Appalachian Elec Power—
1st & ref 5s 1956-.
— M&N
Appalachian Power 5sl941 J&D
f% gold bonds 1936____F&A
Deb gold 6s 2024—
J&J
Arizona Pow 6s ’33 opt '13 M&N
1st 1 & unif 6s 1947 ser A.M&N
Arkansas & Missouri Power—
1st mtge 6s 1953------------ J&J
Deb 6X s 1935 _________ M&N
Arkansas Power & Light—
1st & ref 5s 1956____ —A&O
Ardmore St B y— See Phila Oo
Arkansas Water Co—
■1st M 5s 1956 series A ----- A&O
Ashland (Wls) L & Pow St Ry
1st M gold 5s 1939_______ J&J
Ashtabula Water Supply Co
1st 5s 1837 ----------------.J& D
Associated Electric Co—1
Conv 6H s 1946________ A&O
Associated Gas & Elec Oo— _
Sec g 8s 1955____________ J&J
Deb 6 X s ser A perpetual._Q-J
Deb 634 s ser B perpetual—Q-J
Deb 814 s ser O perpetual. O-J
Conv deb 5 X s 1977--------- F&A
Atchison R y, Light & Power—■
1st 6s N ov 1935— . ......... M&N
Athens (Ga) Ry & Electric—
1st & ref a f g 5s ’ 50 opt T5 J&J
Athens Elec Ry 6s 1931.-A&O
Atl Cons St R R — See Ga Ry & El
Atlanta Gas L 5s g 1947------J&D
Atlanta Nor R y— See Ga R y & El
Atlantic Ave R R — See Bkn R T
Atlantic City El 5s 193S---M&S
1st & ref 5 X s 1954______ M&N
1st & ref 5s 1956
-------------Atlantic City (N J) Gas—
1st g 5s Jan 1 ’60 opt ’2 0 --J&J
Auburn & Syracuse Elec R R —
1st & ref g 5s ’42 opt ’ 1 2 .-A&O /
Augusta-Aiken Ry & El Corp—
Sink fd g 5s Dec 1 '35 opt -J&D
Aurora Elgin'& Chicago RR—
1st & ref g 5a 1946 op t. -J&J
A E & O Rv 1st g 5s ’41 .A&O 15
Balt & Ann S L— See M d El Ry
B 8d Pt & Ches— See Un Ry & El
Balt Traction— See Un Ry & El
Bangor Hydro Elec 5 X s ’49-M &S
Bangor (M e) Pow 5s 1931--M&S
Beaver Val Tr gen g 5s '53-M&N
Bell Telephone o f Canada—
1st g 5s 1955 ser A _______ M&S
Bell Telep Co o f Pennsylvania—
1st & ref 5s 1948 ser B ------J&J
1st & ref 5s 1960 Ser O . A&O
Beloit Water, Gas & Elec Co—
let g 5s 1937 ...................M&S
Benton Harbor-St Jos R y & Ltg
Ref 5s 1939. . ________ M&N
1st con 5s 1935 —
.M &N
Berlin Elec Elev & Underg Rys—
1st mtge s f 6 X s 1956____A&O
Binghamton (N Y) Gas Works
1st 5s 1938 - - - - - - A&O
Binghamton (N Y ) L H & P—
1st ref 5s Feb 1946______ A&O
Binghamt’n Ry 5s ’31 op ' l l M&N
Birmingham Elec Co—
1st & ref 6s 1954------------ A&O
Birm Knox & Atl— See Phila Oo
Birmingham R y Light & Power—
Gen ref g 4 34s ’ 54 op '0 9 --A&O
Birmingham Water Works Co—
1st M 5J4s 1954 ser A ____A&O

Bid.
100X
105
10334
97 J4
104
9934
10034
10434
99
98 X
101
101

Ask.
10134
106
104
99
105
10034
101
10534
100
9934
103
103

8634

8734

105
101
101 Vs
10034
103 34
9734
99 X
96
98 34
9434
9934
10334
101 Vs
106
9834
10134
90

10134
102
10034
10434
9834
10034
98
99
9434
100
10334
102
106'4
98 34
10134
105

9534
101
110
10034
10134
9834
9934
98

9534
10134
101
10234
9934
101
100

95 Vs

9534

9534

96

98

___

95

98

9734

98

105
10434
100
100
____

10534
10534
101
101
9534

94

96

100
10534

103
106

101

10334

101
103
983-2

102
104
9934

9734

_

9

12

9534
93

97
95

__

9934

101

114
9834
9734
10034
20

116
100
99 K

101 ys

10134

10334
103/4

10334
104

9934

9734
100
9934
58

35

101

9754
101
100

10434
93
10434
9934
10234
101

9334
105
100

B onds.

Blackstone Val G & E 5s ’39. J&J
102
Mtge & col tr 5s ’ 51 ser A . A&O
Bleecker St&FulFy— See N YRys
Blue Lakes Wat 1st 6s ’38..-M&S P ___
Boston Con Gas deb 5s ’4 7 --F&A 103
Boston Elev Ry 4s 1935— M&N
9234
95
Deb g 4X a Oct 1 1937---A & 0
Deb g 4 X s N ov 1941____M&N
9334
Deb g 5s Dec 1942--------- J&D
99
West End St 5s 1932------M&N
99
99
5s M ay 1936.................M&N
99
5s March 1944— .........M&S
7s Sept 1947...................M&S 122
4 X s July 1 1930............. J&J
9734
4s Aug 1 1932_________ F&A
9434
12
Bos & Wore St Ry 4 X s ’23— F&A
15
Bridgeport Gas Lt 4s 1952_J&J1 91
93
/T h is price includes accrued interest, k Last sale,




Bid.

Ask.

Bridgeport Hydraulic Oo—
1st M 5s 1944__________ J&D
103
105
Broad River Power Co—
1st & ref 5s 1954 Ser A — -M&S
93 34
94 X
10-yr s f 634s 1934- — _M&N 102 34 103 X
Bway & 7th Ave R R — See N Y Rys
Bway Surface R R — See N Y Rys
Bronx G & E 5s 1960 _______ J&J
100
103
Brooklyn Borough Gas Co—
__
1st M 5s Mar 6 1938.........M&S 100
Bklyn City & New R R — See O 1 & Bk RR
93
94
Bklyn City R R 1st 5s 1941--J&J
Eq tr 5s '27-’35 ser A ..J & J 16 6 5 34%
5%
Brooklyn Edison Co—
104X
105
Gen M 5s ser A 1949_____J&J
Gen M 6s ser B 1930__ —J&J
10334 103 34
Bklyn-Manhattan Transit Corp
s f 6s 1968 ser A _______ J&J
985-4
9834
___
95
Brooklyn Rap Tran 5s '4 5 .-A&O
___
103
Equ-it Trust ctfs of deposit. .
1st ref gold 4s 2002_______ J&J f 88
3-year 7% notes 1921_____J&J f 142
___
Cent Un Tr temp ctfs d e p .. f 142
• ___
Temp ctfs dep stamped__ / 138
f 110
Brooklyn Queens Co & Sub—
7934
1st M g 5s 1941 (stpd)—J&3
84 34
64
1st con 5s July ’41(stp)M&N
63 34
Bklyn Un Elev 5s 1950__ F&A
94 34
95 X
Stamped guaranteed_______
94 34
95 X
82
Kings Co El 1st 4s 1949—F&A
83 X
81
83 X
87
NassauTSlec 1st 5s 1944 -A&O
84 34
6134
1st gold 4s Jan 1 1951 J&J
61X
9534
96)4
Atlantic Av con 5s g ’3 1 --A&O
91
Bklyn Bath & WE5s ’33A&0
92 X
Bkly n Un Gas lstcon s5sg’45M&N 103 34 104
11434 11434
1st lien & ref 6s '47 ser A.M&N
160
Conv,deb 5J4s 1936______J&J 158
Brownsville Ave— See Phila Co
Buffalo City Gas g 5s 1947.A&0 / -----Buff Gen Elec 1st 5s 1939—F&A 104
104 X
104 34 104 34
1st ref 5s April 1 1839___ J&J
Gen & ref 5s 1956 Ser A .-F & A 102 34 103 X
Buff Niagara & East Pow Corp—
Conv deb 5s 1930___
-M&S
99 34 100X
Buff & Nlag Falls El L & Power—
102
1st gold 5s 1942----------- F&A 100
Buffalo Ry— See Internat Ry—
9734
Burlington (Vt) G L 5s 1955-J&J
9834
Burlington (la) Ry & Light—
____
97
1st s f gold 5s 1932 opt . M&S
____
Butler Wat Co s f 5s 1927. - -J&J 100
9634
98
5s Sept 2 1931- —
M&S1
Butte El&P 1st s f 5s ’ 27-’ 51 J&D 101
101 X
California Electric Generating—
___
1st s f g 5s ’48 op aft '12—M&S 10034
California Gas & Elec Corp—
Gen& col tr s f g 5s 1933-M&S 101
101X
Unif & ref g 5s ’37 op s f -M&N 10134 10134
102
Cal Cent Gas & El 5s ’31-F&A 101
Oallfornia-Oregon Power—
___
105
1st & ref 6s 1942 ser B . __ J&J
1st & ref 5 34s 1955 serlesC.F&A 1023-4 10234
___
____
Conv s f deb 7s 1944 ____M&N
Oal Pac R y— See Pacific Elec Ry
Calumet Gas & Elec Co—
1st & ref 5 34s 1960 ser B...J&J 102)4 103 X
Calumet & South Chicago R y—
73
1st M rehab g 5s ’27 op '12F&A
74 X
Camden & Sub R y—See P S Corp
__ __
Canadian L & P 5s '49 op '14 J&J
New bonds__
______
93 34
94 X
Canal & Clalb R R — See N O Ry & L
92
95
Canton-Akron Con Ry 5s '33 J&J
__
Canton Elec Co 5s 1937— M&N 10034
77
80
Cape Breton Elec Co 5s '32 J&J
Capital Traction (Wash, D O)—
__
101
1st g 5s June 1 1947_____J&D
__ 60
Oarbondale Ry 5s N ov ’33..J& J
96
98
Carolina M t Power 6s 1935-J&D
Carolina Power & Light—
10034 101
Catskill Power Corp—
10134 103
1st 534s 1955 Ser A _____M&N
Cedar Rap M fg & P 5s ’53- J&J 100 34
Central Ark Ry & Light Corp—
1st lien s f 5s 1928______M&S 100
__ __
Central Calif Trac 5s 1936--A&O
__
Certificates___________________
Cent Crosst'n R R — See N Y Rys
__
Cent Dist Telep 1st 5a *43 J&X5 10334
Central Gas & Electric Co—
98
100
First lien coll trust 6s '46 M&S
99
100
3-year 6% notes 1929
M&S
Cent Ga Pow— See Ga L P & Rys
Cent Hud Gas & Elec Corp—
1st & ref 5s Jan 1957
M&S 102 34 102 X
Cent Illinois Lt 1st 5s 1943-A&0 1003-4 i o i x
10534 106
1st 6s 1943______________A&O
Central Illinois Public Service—
98
1st & ref gold 5s 1952____F&A
98 X
1st & ref 6s 1944 series O . J&J 104
105
1st & ref 534s 1950 Ser D —J&D 10034 100 X
96
1st & ref 5s 1956 ser E ._ M&N
96 X
Cent Indiana Gas 5s 1931—M&S
99 34 100
Central Indiana Power Co—
1st & ref 6s 1947 ser A __ J&J nlOo
7% notes 1927__________ M&S 100
100X
Central Iowa Power & Light—
104
1st M 6s 1944 ser A _____M&H
10334
Conv M 7s 1934 ser A ...M & N
Cent Maine Pow 5s '39 op '19 M&N 10234 103 34
109
110
1st & gen 6s 1942________ &J
1st & gen 5s 1955 Ser D . .J&J 100 34 101X
1st & gen 534s 1949___ F&A
104 34 105 X
Central N Y G & E 5s 1941--J&J
9934 100X
Central Power Co—
102
1st M 6s 1944 ser O ------..J & D
103
Central Power & Light—
96
1st 5s 1956______________F&A
96X
Central Ry— See Un Ry & El (Balt)
Central Traction— See Phila Co
Central West Public Service Co—
1st 1 col 5 X s 1956 ser A ..M & N
98 X
99
Charleston Cons R y, Gas & El—
Consol gold 5s 1999_____M&8
98 X
99 X
Oh’s’t’ n City R y 1st g 5s 1923
Ext at 6% to Jan 1938—J&J 105
Chattanooga R y & Light—
96
1st & ref g 5s 1956 op ’ 16-M&N
Chatt Rys 1st cons 5s '56 M&N
9134
Ches & Pot Tel 5s '29 op ’09-J&J 100
Ches & Pot Tel of Va 5s ’43-M&N 101
10134
n Nominal,

r Canadian price.

B onds.

Bid.

Chicago Aurora & Elgin Corp—
Deben 6s April 1972______ J&J f 49
Chic Aurora & Elgin R R —
1st & ret 6s 1951
—J&J
95 X
Chicago City & Connecting Ry
coll tr s f g 5s Jan 1 1927.A&0
57 Vs
Chicago City R y 1st 5s ’ 27 -F&A
76
Chic North Shore & Milw R R —
97
1st mtge gold 5s 1936_____J&J
1st & ref 6s 1955 ser A ____J&J 100
97
1st & ref 5 X s 1956_____.A&O
____
5 X % notes 1930________ F&A
Chicago & Oak Park Elec Ry—
Lake St El 1st 5s 1928 gu_J&J
97 X
Chicago Railways Co—
1st M gold 5s 1927 opt-F&A
76 X
Ctfs of d e p o s it__ __ ______
75X
55
Cons M 5s ser A Feb ’2 7 ..A & 0
36M
Series B Feb 1927_____J&D
29
Pur men 4-5s Feb ’27 opt.J&J
14
Adj inc 4s Feb 1927 opt___May
Chicago Rapid Transit Co—
96X
1st & ref 6 X s 1944........... -J&J
1st & ref 6s 1953________ _____
88 X
36X
Chic Sou Bend & Nor Ind R R —
40
1st gold 5s Jan 1 1937___ J&J
105
Chippewa Power 6s 1947__ J&D
Chris & 10th Sts RR— See N Y Rys
Cicero Gas— See Northw G L & Co
Cincinnati Gas & Electric—

51
96)4
58
16 X
98 X
101
98
99 X
98
77
77
56
37
30
15
97)4
89X
37 X
45

102X
1C6
P r l& r e fM 5 X s Jan’61 B A&O I04X
Cin Newport & Cov L & T —
____
1st ref 6s 1947 series A ____J&J 103
____
101
So Cov & Cine 6s 1932 ...J & J
Cincin St Ry 6% notes ’28.M&N 100
100X
Cities Service Co—
____
Oonv g deb 7s ’66 ser B __ J&J 253
Series D _____ ________ _ . ] 32 % 134
___
Oonv deb 8s 1966 ser E_ .J&J 136
102
102 Vs
Ref deb 6s Jan 1966____M&N
____
91M
R ef deb 5s Jan 1966_____M&S
Cities Service Power & Light—
102^4 102X
2d s f 6s 1944 series A __ M&N
Citizens Gas (Indianapolis)—
1U3)/%
1st & ref gold 5s 1942_____J&J 103
Citizens L H & P (Johnst’n, Pa)
____
____
1st g 5s 1934 opt 1914. M&N
Citizens R y & Lt— See Muscatine Lt & T rac
Citizens St Ry— See Ind Tr & Ter
Citizens Tract— See Phila Co
___
____
City Elec San Fran 5s 1937. J&J
City & Sub Ry— See Port(Ore)Ry
City & Sub Ry— See Wash Rv & E'l
City Water (Chattanooga)—
104X
1st 5 X s 1954 series A ____J&I)
104X
97 X
1st m 5s 1954— ______
.J&D
98 X
____
Olev El 111 1st 5s '39 op '24 A&O 104 X
Gold deb 7s 1 9 4 1 _______ F&A
110K
H IM
103 Vs i04 X
Gen M 5s 1954 series A ..M & N
___
____
Gen m 5s 1961 ser B ____A&O
Cleve Pains & East Con 5s 1918—
Ext at 6% to 1933-.
A&O ; 40
100
Cleve R y 1st 5s 1931 op t____M&S
99 X
Cleve Southw Ry & Light—23
Gen & con 5s 1954______ M&S / 20
72
75
Cleve Berea & Ob 6s ’5 4 .-M&S
72
<5
Cleve & Elyria 6s ’54 _ M&S
72
75
Cleve Elyria & W 6s 1954__
72
7-5
Elyria & Oberlin 6s 1954____
95
__
Clinton (111) G & E 6s 1937--J&D
__
§5
Clinton W W 1st 5s 1939
F&A
Coast Cos L&P 1st 5s’46 op.F& A 100
99X
Colorado Power 1st 5s ’53 _M&N
0x
__ 1 0__
Columbia G & E 1st 5s ’2 7 .-J&J
—
__
Stamped___ ______
5% gold notes 1928______M&N 100X
100X
Columbia (S C) R y, Gas & El Co
96
97
1st M s f g 5s 1936___ —J&J
Ool Buck L&N— See Col Ne&Zan
Columbus Dela & Marion Elec Co
91
92
1st & ref 5s June 1937
__
1st & ref 6s (stamped) 1937
97X
98 X
Conv deb 6s 1935 ser A .—A&O
98)4
97X
Columbus (Ga) Elec & Power—
104
1st & ref 6s 1947 ser A ____J&D
106
1st & ref 5s 1954 ser B —M&N
98 X 101
96 X
Oolumbus(O)Gas 1st 5s g’32.J&J
98 X
Columbus (O) Interurban Ter Co
85
1st guar 5s 1935_________ J&D
88
Ool Lon & Spr R y— See Ind O & E
Colum & Sth Av RR— See N Y Rvs
Columbus (Ga) Pow 5s ’36 A&O 100
100X
Columbus Ry, Pow & Light—
99
1st ref & ext s f 5s 1940 —A&O
100
R ef mtge gold 6s 1941— .J&D 106 X
107X
Col Ry 1st 4s ’39 opt ’ 1 4 .-O-J
86
87
___
Col St Ry 1st 5s g 1932 - J&J
97 X
Cross St 1st 5s g 1933—J&D
95 X
96X
Com’cial Cable— 4s g 2397__ Q-J
78
79
Commonwealth-Edison Co—
1st g 5s June 1 1943_____M&S
104X
105X
1st g 6s June 1 1943_____M&S
n o x M IX
1st M 5s 1953__________ —J&J
102X
103 X
1st M col 5s 1954 ser B__ J&D 102X
103
1st M col 4 X s '56 Ser O —A&O
96
96X
Com’wealth El 5s June '43.M &S 104 X
105X
Com’w’tb L & P 6s 1947__ M&N
96
99
Commonwealth Power Corp—
8 f g 6s May 15 1947.-M&N 15 104X
__ 1(5
Gen & ref 5s 1939 __ ____ J&J
Gen & ref 6s 1972 ser B .-.J & J
100
102
Commonwealth Wat 5 X s A 1947
103
104
1st m 5s 1956 ser B _ _ ____F&A
96
97
Community Power & Light Co—
__ 95 X
Col M 5s 1957__________ M&S
Compt Hts & Mer Ter— See Un
__ __
Conestoga Trac 1st 4s 1950. -J&J
72
Coney Isl & Bklyn RR 4s ’48 J&J
77
_
Consol gold 4s 1955_______ J&J
69X
B O & N 1st cons 5s 1939.-J&J
87
90
Conn Light & Power—
1st & ref s f 7s '51 ser A ..M & N
119
117X
109
1st & ref 5 X s 1954 ser B ..F & A
110
1st & ref 4 X s 1956 Ser C__J&J
98
97X
Connecticut Power 5s ’6 3 .-A&O 103
__
1st & coll trust 5s 1956____J&J 103
Conn Ry & Lt 4 X s 1951____J&J
94 Vs
98
Stamped guaranteed optional. .
96
97
Conn Ltg & Pow 5s '39___ J&J
101
_
Conn Riv Pow 1st 5s 1937.-J&D
Connellsv Wat 5s Oct 2 ’39-A&C
92
93 X
92
Gold 5s 1951 — .................A & O
Consolidated Cities L, P & Tr—
1st lien 5s 1962 stamped__ J&J
87 X
88 X

PUBLIC UTILITY BONDS
“f” and Income

M ar ., 1927.]

NOTICE.— AH bond pricea are "an d interest” except where marked

Bonds.

Bid.

Ask.

Bonds.

Bid.

Ask.

and

37

defaulted bonds.

Bonds.

Bid.

O 01130I Gas o f Balt 5s 1939—J&J 10434 105
East Bay Water 534a 1946-.J&J
Un & ref 734s ’36 ser A _M&S
Herldmer County Light & Power
Gen g 434s Apr 1954____A&O
9934
9934
99
Un & ref 6s 1942 ser B
M&S
1st 5s 1930__________
J&J
ConsolJGas, Elec Lt & P (Balt)—
Hest Man & Fair Pass Ry— See P ilia RT
Un & ref 6s 1944 ser O
M&S
Gen g 434s Feb 14 1935— J&J
99 %
Home Telep & Teleg(Los Angeles,
Unif & ref 6s 1955 ser D ..M & S
1st ref 6s 1949 Series A___F&A 107 34 108
Cal) 1st 5s 1933_______ J&J 100
Unified & ref 5s 1956 Ser E M&S
1st ref 534s 1952 Series E .M & S 10634 107
let ref 5s 1965 Series F ___J&D 10234 ’ 0234
1st refunding 5s 1945_____ J&J 10034
534% gold notes 1928____ F&A
East Penn Elec Co—
Home Tel & Tel of Spokane—
Consol Gas N J 5s g 1936____J&J
98
100
1st M & ref 6s 1953______ J&J 106 % 107 34
99
1st M g 5s M ay 15 ’36.M&N15
1st ref 5s 19 65--..............A&O
95
E St L & Interurb Wat 5s’42 J&J
95 34
Houghton Oo (Mich) Elec Light
Consolidated Gas (N Y )—
96
1st M 6s 1942____________J&J 102
103
1st g 5s Jan 1 1927 opt____J&J
Deb 534s 1945___________F&A 10534 10534
99
Underlying cos— See N Y G E L H & P
East St Louis (111) L t & Pow—
Houghton Oo Trac 1st 5s '37-J&J f ==99”
1st 5s 1940______________ J&D -------Hous Home Telep 5s 1935--M&S
Consol Hydro-Elec Wks of Upper
Houston Lt & Pow 5s 1931--A&O 100
Wuerttemburg 1st 7s '6 6 --J&J 10034 10034 East St Louis & Suburban Co—■
91
1st lien & ref 5s 1953____ M&S
Coll trust g 5s 1932 opt ..A & O
90
76%
Con Ry (New Hav)deb 4s’54-J&J
78
9834
101
I st lien & ref 6s 1953 ser B.A&O 104
Deb 4s 1955............
J&J
76%
7734 Easton Cons El 5s 1949____M&N 100
87
1st lien & ref 534s’54 ser C.M&S 10234
76
Deb 4s 1955........
A&O
East Palm & Beth 6s 1939--J&J
____
77
Hudson Oo Gas 5s g 1949--M &N 102%
Economy Lt & Pow (Joliet, 111)—
76 %
Deb 4s 1956 guar_______ J&J
1st M s f gold 5s 1956___ J&D 10034 10134 Hunt’g ’n Wat 1st M 6s '54 A M&S 104
Cons gold 4s 1930_______ F&A
93 34
Edison Elec Ilium of Boston—
1st M 5s 1954 ser B _____M&S
Cons Ry & Pow (Salt Bake) See Ut ah L & R y
97%
Cons Tr (N J)— See Pub Ser Corp
434s% gold notes 1928--J&J 15 100
100 34 Hydraulic Power of Niag Falls—
Ed El IU(Bkn)See Kings CoEL&P
Consolidated Wat of Utica—
1st & refunding 5s 1950__ J&J 103%
1st ref 534s 1960 Ser B ___ A&O 10034 103
Edison El 111 (N Y )— See N Y G
R ef & Impt 5s 1951______ A&O 103%
Consumers El L & P (New Orl)—
Idaho Power 1st 5s 1947____J&J
Edison Elec Co (Lancaster)—
9834
Refunding 5s 1943_______ F&A 10134 10234 111 Bell Telep 1st 5s 1956— J&D 103 34
99
1st M 5s 1936_____________J&J
100
Illinois Cent Trac 5s 1933.-J&D
Eighth Ave R R — See N Y Rys
Oonsum L H & P Co (Eliz, N J)
9234
Elec & Peop— See Phila Rap Tran
Illinois El Pow 1st 6s 1943--A&O 104
5s 1938__________________ J&D 101
Electric Pow Corp (Germany)—
Illinois Northern Utilities Oo—
Consumers Power Co (M ich)—
1st & ref 5s 1957 op t_____A&O
96
98 34
1st s f 634b 1950_________ M&S
98 34
1st & ref 5s 1936 op ’ 16 --J&J 102 34 10234
1st 1 & unif 5s ser O 1952.M&N 10254 10234 Electrical Securities Corp—
Illinois Power & Light Corp—
Coll trust s f 5s 1935 opt_-F&A
97 34
99
104 %
1st & ref 6s 1953 seris A ..A & O 103
1st 1 & unif 534s 1954___ M&N
1st & ref 534s 1954 Ser B ..J & D 100
Continental Gas & Electric—
Coll tr s f 5s 1955_______ A&O
97 34
9834
Debenture 7s 1953_______ A&O 105
1st lien coll tr 5s 1 9 27.--M &N 100
Coll tr 5s 1956____________J&J
9734
9834
10034
S F deb 534s 1957............. M&S
Collat trust 5s 1956.........M&N
9734
Ref 6s 1947______________ A&O 104%
9834
114
96 %
Eliz Plalnf & Cent J 1See Public
115
Coll tr 7s 1954 ser A ____F&A
Illinois Power 1st 5s 1933__ T&D
1st 7s 1936.....................— I&D 103%
10334 Eliz & Trenton R R JServ Corp
Sec 6%s 1964 series A ____ A&O 103
Elmira Water, Light & R R —
1st 6s 1944—______
f&D 100%
Copenhagen Telephone Co—
97
1st & con g 5s 1956______ M&S
99
External s f 6s 1950____ A&015 10034 101
99 34 Iniinois Valley Ry 1st 5s ’35-M&S
El Paso El Co coll tr g 5s ’3 2 -J&J
-----Illinois Water Service Co—
Orosstown St Ry— See Col Ry & X t
94%
Gross St Ry— See Int Tr (Buff) I
1st M 5s 1950 Ser A ______ J&D
99
lOO"
1st Mtge 5s 1952 ser A ____J&J
Ouban Telephone Co—
1
Empire District Electric Co—
Indiana Columbus & E Trac—
3
112
1st Hen & ref 7 34s 1941-- M & 8' 110
Gen & ref g 5s '26 op T 1_ .M&N
1st 5s 1949______________M&N 103 34
Col Lon & Springf 5s ’20-7 &O
26
1st cov 5s 1951.........
J&J
94%
9534 Empire Gas & Electric Co—
56
Cumberland Co (Me) Pow & Lt—
Gen & ref 6s ser A 1952__ J&D 10334
Dayt Spgf & Urb 5s ’2 8 --M &N
9234 Empire Gas & Elec and Empire
1st 434s 1956 ____________J&D
92
Indiana Electric Corp—
99
Coke jt lst&ref 5s '41 opt-M&S
9834
1st M 8s 1947 series A __ M&N 102
Oumb'land T & T 5s 1937.—J&J 101% 102
Empire Gas & Fuel—
Dakota Central Telep Co—
1st M 634s 1953 series B _F&A 105
lst&ref conv734s’37 ser A M&N 10834 108 34 Indiana Gas Utilities Oo—
1st gold 6s 1935_____
J&D 105
106
95
lst& ref 634s'41 (withwar)A&0 10334 104
105
1st 5s 1946______________ J&J
Dallas Gas 1st 6s 1941______ A&O 104
103
Indiana Ltg 4s 1958 opt____ F&A
86
Dallas Pow & Lt 6s 1949____J&J 10534 106
Equit G & E Utica 5s 1942.A&0 101
Equit 111 Gas, Phila. 5s g '2 8 -J&J 10434
Indiana & Mich El 5s 1857--F&A 100%
111
1st g 734s 1949 series B __ J&J 109%
99%
95”
1st g 5s 1952 series C _____J&J,
Erie Rys— 1st 6s 1§54_____A&O
1st & ref 5s 1955________ M&S
9934 100
90
Erie El Motor s f g 5s 1941 A&O
97
Dallas R y & Terminal Co—
98 34 Ind Nat Gas & O— See Peo G L&O
102
Indiana Pr 1st 1 734s ’41, A .M & N 108%
99
Erie Ltg 1st M 5s 1967—A&O 101
9834
1st 6s 1951_______________ J&J
85
Erie & Suburban R y 5s '41-A&O
84
Indiana R y & Lt 1st 6s '4 3 --J&J
55
Danville Tr & Pow 1st 6 s ’41-J&J:
49%
Darby Med & Ches Ry— See Phila R Tr
Evansv G & E L 5s '32 op T2 J&D
99 34 100 34 Indiana Service Corp—
Dayton (O) Gas 5s’30 op’ 15-M&S 100
94%
101
Excelsior Springs Wat Gas & El—
1st & ref M 5s Jan 1 1950—J&J
97
Dayton Ltg 1st 5s ’37 op’ 12-M&S 10234 103
1st M 6s 1932 op t_______ J&D
Adjustment mortgage___
Dayton Pow & L 1st 5s '41-J&D 102 34 103
Fairmont & Clarksburg Trac—
Indiana Union Traction—
1st g 5s July 1 ’33 op ’08.A&O
5
Day Sp & Urb— See Ind Col & E
1st g 5s 1938 opt 1913— A&O
94%
9 ‘ 34
Indiana Nor 1st g 5s 1933.A&0
Defiance (O) G&E 5s 1942. .M & S
5
Fall River Elec Light Co—
9934 100
Indianap Columbus & Sou Trac—
Delaware Co & Phila— See Un P & Trans
1st M 5s 1945 series A ____J&J 10334
Deny Gas & El 1st g 5s ’49-M&N
1st M g 6s Feb 1 1948____F&A
9834
99 34 10034 Feather River Power Co—
102 Indianapolis Gas 5s 1952__ A&O 9934
1st & Ref 5s 1951________ M&N
99
1st M 6s 1929-1963______ J&J 100
9834
Indianap L & H 5s 1940____A&O 101%
Stamped as to Pa tax_______
9834 Federal Light & Traction—
9834
Denver Tramway Co—
95% Indianap & Martinsv Rap Tran—
1st s f g 5s 1942 op t_____M&S
9534
Gen & ref 5s 1950 seriesA__J&J
73
1st g 5s 1923 op t------------- J&J
67
65
94 34
Stamped___________________
9534
Denver Tramway Power Co—
1st lien g 6s 1942 stpd____M&S 10334 103% Indianap New Oastle & Eastern—
1st imp g gu 5s ’23 op '08-A&O
Debenture 6s 1954 ser B ..J & D
98
1st 6s 1932___________________
14
9834
Indianap Nor— See Un Tr of Ind
Fed St & Pleas Val— See Phil Co
Ext at 6% to 1927-________
9934
Indianapolis & Northwest Trac—
Denver Tramway Terminals Co
Federal Water Service Corp—■
1st g 5s 1923 ext to 1933—M&S
105
Conv deb 6s 1996 ser A .M & S 104
6%
70
1st M g gu 5s 1928-40__ M&S b
7%
Derby Gas & Electric Corp—Florida Pow & Lt 1st 5s ’54-J&J
94
9434 Indianapolis P & L 6s 1936--M&N 104
93
Indianapolis & Southeast Trac—
1st lien 5s 1946__________ F&A
95
Florida Public Service Co—
101
Derry (N H) Elec 8s 1951.-M&S 105
1st M g 5s 1935__________ J&J f
1st M 634s 1949_________ F&A
99%
99
7s 1932__________________ J&D
Ind Shelby & S E 5s 1932--J&J
99
98 34
1st 6s 1955 series B _______ A&O
DesJMoines & Cent la Elec Go—
100
Florida Telep 1st 6s 1945--A&O
96
Indianapolis Trac & Term Co—
S F 6s 1937 opt series A __ M&S 101
1st s f gold 5s Jan 11933--A&O
Ft Pitt Traction— See Phila Co
9434
92
S F 5s 1937 opt series B __ M&S
Ft Smith Light & Traction—
Indianap St gen 4s 1933__ J&J
6234
Des Moines El 5s 1938—M&N 10034 10134
1st M g 5s Mar 1 ’36 op t.-M & S
88
Citizens' St con 5s g '33. -M&N
89%
8334
Indianapolis Water—
Ft W Van Wert & Lima Trac—
Des Moines City R y 5s '3 6 .-J&J
58
61
90
Des Moines Elec Co—
1st M g 5s 1930 guar_____J&J f 26
1st & ref g 434b 1940 opt—J&J
9434
100 % 1st lien & ref 534s 1953.—M&S 104
1st M 5s, 1938_____
M&N 10034 10134 Ft Worth Pow & L 5s '31--F & A 100
Inter borough-Metropolitan Co—
Detroit City Gas C
42dStM&StNAv— See 3d Av Ry
1st M 6s 1947 series A ____J&J 10734 10734 Galesburg Ry Ltg & Power—
—
Coll trust g 434s 1956------A&O
Guar Trust certif of deposit—
1st M 5s 1950 series B __ A&O 100
Con 5s Oct 1934________ J&D
98
10034
Det & Sub Gas 1st 5s '28-J&D
Interborough Rapid Transit—
100
98
Galesb R y & L 5s 1934________
98
91
1st & ref g 5s '66 op tax-ex. J&J
78%
Detroit Edison 1st g 5s 1933-J&J 10134 102 % Galv Elec Co 1st 5s ’40 op.-M & N
8834
Stamped---------------------------- 1st & ref 5s July 1 1940---M&S 10234 102 34 Galveston-Houston Elec R y—
78%
74
1st & ref 6s July’40 ser B .M & S 108
1st M s f g 5s 1954 op t------A&O
70
6% notes 1932_______ — A&O
81%
10834
634 % secured notes 1931.-J&D
97
99
Gen & ref 5s 1949 series A.A & O 10234 103
Oonv g 7% notes 1932— M&S
9834
Gen & ref 5s 1955 ser B -.J & D 103
10334 Gas & El of Bergen Co 5s ’49 J&D 102 34 103 34 International Power Sec Corp—
] 02
634% sec bonds 1955 SerCJ&D
91%
Oonv deb 7s Jan 15 '28-J&J15 136
Gen 5s N ov 1 1954______ M&N 101
139
Sec 7s 1936 D (with war) _J&J
96%
Oonv deb 7s Feb 1929__ F&A
Gatineau Pow 1st 5s 1956—J&D
96 34
139
96
136
Oonv deb 7s Mar 1930__ M&S 136
139
9935
Debenture gold 6s 1941.J&D15
9934
Sec 7s 1952___________ J&J 15!
9534
139
Oonv deb 6s Dec 15 1932-J&D 136
Georgetown Gas Lt 1st 5s '61 F&A
9934 10034 International Railway(Buffalo)— ]
Buff R y 1st con M 5s g’31-F&A>
82
93
91
Det United 434s 1932 opt__J&J
Georgia-Carolina Electric Co—
29
56
Buff Trac 1st 6» 1948------J&D
1st M & coll tr 6s 1929___ J&J
100
1st M 6% notes 1929____J&D
98
28
Det R y 1st 5s 1924_______ J&D
Cross St R y 1st 5s g '3 2 .-M&N
Ga Row & Ips— See B & N St Ry
81
Det Ft Wayne & Belle Isle—
B uff Bell & Lan 5s 1927—J&D
Georgia Light Power & Rys—
9934
1st g 5s Apr 1 1928____A&O
B uff & Lock 1st g 5s 1938--J&J
63
1st lien s f g 5s 1941 op t—M&S
95 34
96 34
99
Det M on & Tol Short Line Ry
Buffalo & Niag Falls Elec R y—
Cent Ga Pr 5s ’38 op t’ 13 M&N
98 34
1st M g 5s Jan 1933____J&J
1st M 5s gold 1935______ J&J
Georgia R y & Elec 5s 1932—J&J
99 % 300 34
50
76
45
Det & Pt Huron Shore Line—
Internal R y ref 5s '62 op.M & N
300
Refg & impt g 5s ’49 s f __ J&J
9934
6i
99% International Telep & Teleg—
1st gold 5s 1950________ J&J
Atlanta Cons St 5s 1939—J&J
§8%
Det Ypsil Ann Arbor & Jack—
Oonv deb 20-year 534s '45M&S 109%
Georgia Elec Lt 5s 1930—J&J
9934 10035
99
Interstate
El
Corp
6s
1933-M&S
1st gold 5s 1926________ F&A /
Atlanta Northern R y Oo—
Dominion Pow & Transmission—
Debenture 7s 1932----------- T&D
98
1st guar 5s ’ 54 op '90__ J&J
96
96
1st 5s 1932_______________ A&O
Georgia R y & Power—
Interstate Natural Gas 6s 1936
98
97
D D E B & B R R — See Third Av R y
without warrants____________
1st & ref s f 5s 1954 op*_A&O 104 34 10534
100%
Dubuque Electric Co—
Gen M 6s 1947_________ A&O 10734 10734 Interstate Power Oo—
1st 6s, 1942_____________A&O 10534
Gen M 7s 1941_________ M&N 10434 105
1st M g 6s series A 1944—J&J 105
Duke Ikice Power Co—
Grand Rapids R y 1st 7s'39.M & N
8734
1st M g 6s series B 1944--J&J 103 34
__
1st M s f 6s 1966 Ser A ..M & N 10434 10534 Great Cons Elec Pow (Japan)—
1st M 5s 1957_____________J&J
__
Duluth-Superior Traction Co—
Deb gold 6s 1952_________ J&J
1st M 7s 1 9 4 4 --...............F&A
99
99 34
Duluth St Ry 1st g 5s ’30-M&N
97
96
General 7s 1934___________J&J 10234
95 34
1st & gen 634s 1950______ J&J
95 35
Gen M 5s 1930________ M&N
93
Gt Falls Pow 1st 5 s '40 op.-M & N 10334 10435 Interstate Public Service Oo—
91
Duquesne Light— See Phila Co
Great Lakes Power, Ltd—•
1st & ref 534s 1950 ser O _A&O 101
103
Duquesne Trac— See Phila Co
1st M 6s 1927-1944_____ M&N 101
Interstate Rys— Coll trust g 4s
Eastern Connecticut Pow Co—
Great North Pow 5s 1935___ F&A
99 34 100 35
1943 opt 1913____________F&A
50
99
1st M s f 5s 1948 series A.A& O
Great West Pow 5s 1946 o p - . J&J 100
Iowa Power & Light—
1st M 6s 1955 Ser A _____M&N 104
Eastern Mass Street R y Co—
1st & ref 6s Mar 1949____ M&S 10234 10334
1st & ref 6s 1952 ser C ____ F&A 104
105
Serial ref 6s Jan 1928-1929____
1st 534s 1956 ser B ______ M&N 101%
9834
68
Ref M 434s 1948_________ J&J
66
5-year 534 % notes 1930-M&N2 100
10034 Iowa R y & Lt (Cedar Rapids)—
Ref M 5s 1948____________J&J
1st & ref 5s 1932 opt ’ 15 --M &S
75
Green Bay Gas & Elec Co—
99
7234
Ref 6s Jan 1948 ser C --M & S15
1st & ref 5s Oct 1945_____M&N
86
1st & ref 5s 1935_______ M&N
9934
8234
Greenwich Tram 1st 5s '3 1 .-J&J
8734
Ref 6s Jan 1948 series D.A& O
1st & ref 534s Oct 1945—M&N
86
8234
Iowa Southern Utilities—
Ref 6s Jan 1948 series E .M & N
86 Gulf States Utilities Oo—
8234
Lynn & Bos 1st 5s g '2 4 --J&D
1st & ref 6s 1943________ F&A 101
1st M & ref 5s 1956 ser A .M & S
9534
9534
Hackensack Wat 4s '52 op ’ 12J&J
87
Extended to 1929__________
1st & ref 534s 1950-...........J&J
97%
88 34
9834
Eastern Mich Edison Co—
Hamburg (Germany) Elec Oo—
Ironwood & Bessemer R y & Light
102
1st g 5s 1931__________ M&N 10034 10134
1st s f g 5s '36 opt after ’ 15.F&A
98
Extl g s f deb 7s 1935-—M&N 101
Eastern N J Pow 1st 6s 1949-J&J 10334 10434 Harrisburg L & P 5s 1952—F&A 101
94%
10134 Italian Public Utilities 7s ’5 2 .J&J
Hart St R y— 1st g 4s 1930—M&S
933{
1st M 534s 1949_________ J&J 10034 101
Jackson Cons Tr— See Mich E .Ry
East’n Ore Lt & Pr 6s 1929-A&0 10134
Harwood El 5 s '39 op T 4 __ J&J 10234
Jackson (Mich) Gas 5s g’37.A & 0
Eastern Pa Rye 1st 5s 1936-J&J
1st & ref s f g 6s ’42 op
M&S 107
Jackson (Miss) Public Service—
99"
9834
Eastern Tex El Co 5% 1928-F&A
1st M 6s 1934...........
A&O 10034
9934 Havana Elec R y, Light & Power
9934
Gen M 5s 1954 series A __ M&S
____
Eastern Wisconsin Electric Co—
1st M 7s 1934________________ 103
1st & ref 5s 1947________ M&S
Havana Elec R y 5s 1952--F&A
96 34
Jacksonv(Fla)Gas s f 5s '42_J&D
97
96:34
9234
1st lien & ref 6s 1942_____ J&D 102341 10434
Deb g 534s 1951______ M&S
89
82
8934 Jacksonville Trac 1st 5s ’31.M&S
1st lien & ref 634s 1948--M &S 104 j
Jacksonv Elec 5s ’27 opt.M&Nj
98
Sheboygan Elec 5s 1946—J&J'
98
9914
/ This price includes accrued interest. k Last sale, I In London, r Canadian price
s Sale price




100

Ask
101

—

100
100
10I”
10034
9934

103
98
99
104
105
9634
10334
JP034
105 31:
9634
97
101
—

95
4
30
00
103
106
96
10134
99%
—
9534
98
—

10034
10034
102
76
—

73
10434

95
6334
85
9534
20
79
79
8234
98%
9234
9734
9634
84
70
83
68
81
6234
11034
101
99
101
10534
103%
9734
9834
103
102
—

105
102 34
100
102
98
9934
9434
10134
9?34
—

38

PUBLIC UTILITY BONDS

HOTICS.— A!! bon d
B onds.

prlcsa are

Bid.

Ask.

“ and in terest”

except where marked

Bond3.

Bid.

“ f ” and
Ask.

income and

[V ol

121.

d efau lted bon ds.

B onds.

Bid.

Madison G & El 1st 5s 1940.A&O 100
101
Jacksonv (111) By & Lt 5s '31. J&J
Nashville Railway & Light—
96
100
101
99
Jamaica W ater Supply Co—
Gen & ref 5s 1950_______ M&N
Cons g 5s 1953" opt 1908.-J&J
74
78
1st gold 5 k s series A 1955.J&J 101k 10244 vladison Rys <st g 5s 1936.M&N
95
R ef & ext gold 5s 1958 _.J&J
Jersey Central Pow & Lt Corp—
Mad RlvPowlst 5s'35 gu op.F&A 101M 102 k
M cGavock & M t Vernon—
1st & ref 5 k § 1945 series A F&A
9644
2d series 6s July 1937 - J&J 104
9744 Manchester Tr Lt & Power—
100
Jer City Hob & Pat— See P S Corp
1st ref 5s Aug 1952___________
Nashville Gas & Heating Co—
Johnstown (Pa) Telephone Co—■
7s Aug 1 9 5 2 .______________ . 112
1st M gold 5s 1937 guar..M AN
99 k
Manhattan El con 4s g '90-A&O
99
101
let & ref 5s 1 9 4 2 . . . ___ F&A
6944
70 k Nashville Water 4s 1928____J&J
Jehnstown (Pa) Traction—
61
2d gold 4s 2013__________ J&D
65
Nassau El R R — See Bklyn Rap T
1st & ref 5s July 1943____J&D
61
64
Manila Electric Corp—
Nassau Lt & Pow 1st 5s '27 .A & 0 100
79
Manila Elec R R & Ltg Corp—
Johnst Pass By 4s '31___ J&D
77
Nassau & Suff Ltg 5s 1945 -F&A
97 k
Japlin&PiitsKy 1st 5s'30 op.M&S f - - - 1st lien & coll tr 5s '53. .M&S
96
9544
Nat Electric Power Co—
Joplin W W 5s Apr 2 1940. _A&O
Manila Sub Rys 1st 5s 1946.M&S
96
Sec g 6s 1945__________ ..H & S
98 k
9544
Kankakee (111) G & E 5s '30.M & S
Manitoba Power Co Ltd—
99
Nat Pow & L deb 6s 2026 A F&A
107
99
Kansas City Gas 1st 6s 1942.F&A 106
1st M s f 544s '51 ser A ___ J&J
9 9 k Nat Public Service Corp—
Mannheim & Palatinate Elec Cos
99 k
1st M 5s 1946___
. F&A
Coll t r s f 6 k s 1955 ser A ..F & A
9944 100
Kansas City Power & Light—
1 5 -y r s f 7s 1941_________ J&D
9944 101
Nebraska Power 1st 5s '49 J&D 101 k
1st M 5s 1952 series A ____M&S 103 k
104
101
Manuf'rs Wat (Pa) 5s 1939 J&D 100
1st M 6s 1949___________ J&D 105
Kansas City Railways—
103 k
Marion (O) Water Co—
Deb 6s 2022......................M &S
66
99
104
1st M 5s July 7 1944_____J&J / 6444
1st mtge 6s 1943________ J&D
Nevada-Calif Elec—
8
93
Market St El Pass Ry— See P R T
2d M 6s July 7 1944______ J&J f
5
1st mtge 5s 1956 . . . A&O
8
2d M 5s July 7 1944______ J&J /
Market St Ry (San Francisco)—
5
Nevada-Cal Pow 6s 1927.. A&O 100
Coll notes 7s 1 9 21_BS&3S1 15 / 82
86
1st s f 7s 1940 ser A
_Q-J
97 k
97 k Newark Gas 6s Apr 1 1944 -Q-J 112
98
99
Kansas Elec Power 6s 1937-J&D 10444 105
Maryl’d El Rys 1st gu 5s '31 A&O
Newark Cons Gas con 5s '48. J&D 102k
1st & ref 6 44s 1957 ser A ..J & J
1st M 6s 1943 . .
.J& D 103
98 k
99 k Newark Pass R y— See P S Corp—
68
1st M 5s 1951_________ J&D
97
Balt & Ann S L 5s 1 9 4 6 ..F&A
96
New Brunswick (Can) Pow Co—
Kansas Gas & Elec 6s 1952.M&S 10444 10444 Massachusetts Gas 444s '29.-J& J
91
99 k
1st M 5s 1937
. . - - M&S
98
99
93
Deb gold 6s 2022 series A .M & S
99
Deb g 444s Dec 1 9 3 1 ____J&D
New Castle (City of) W 5s '41 J&D
95 44
Kentucky Traction & Terminal—
95
20-year s f 544s 1946— .J&J 103k
S f 5s 1932____________ J&D
103 k
1st & ref gu 5s '51 opt '14.F& A
New Chester (Pa) Water Co—
8444
8544 Massachusetts Lighting Cos—
___
Lexington R y 1st 5s 1949-J&D
93
Deb g 7s 1927-'28...........-J&D
1st 5s Mar 1 1943________ M&S
99 k
Kentucky Utilities Co—■
Deb g 7s 1930. - _____A&O 102
New England Elec Securities—
1st M 5s 1961 ser G ___ F&A
97
63 k
McGav & M t V— See Nash Ry&L
9544
1st coll tr 5s Jan 3 1932__ J&J3
Key System (San Fran-Oak Term)
Memphis Power & Light Co—
New Eng Pow 1st 5s 1951 ..J & J 103 k
102
96 k
1st & ref 5s 1948 ser A _ .J&J 101k
1st M 6s 1938______ _____ J&J
New Eng Tel & Tel 4s 1930--J&J
99 k
106
100 k
70
75
1st & ref 6s 1948 ser B — J&J 105
R ef 5s 1938_______ ______ J&J
5s gold Oct 1 1932_______ A&O
78
____
75
R ef 6s 1938_________
100 44
103 k
First mortgage 5 k s July 1938. .
73
Memphis St Ry con g 5s '4 5 .J&J
72 k
1st 4 k s 1961 Ser B ___ M&N
96k
___
Key SyBtem Secur coll tr 6s 1933
70
Meridian Lt & Ry 5s '44__ M&S
N J & Hud Riv R y & Ferry—
Ke” Tel 1st g 5s '35 opt '0 8 ..J&J
93
Metropolitan Edison Co—
1st gold 4s 1950 opt .
M&S
67 k
1st! & ref 5H8 1955 ser A . J&D
1st & ref 6s 1952 ser B ___ F&A
108k
N J Pow & L 1st 5s 1956 ..F & A 100 k
1st & ref 5s 1953 ser O ___ J&J 10044 100 k New London G & E 5s '27- A&O
1st 1 & ref 6s "1951 ser B __ A&O
9744
99 k
9844
Kings Co E L & P 1st 5s '37. A&O 10344 104 , Metropolitan Elec Co (Reading)
2d mtge 5s 1929 - ______ A&O 100
Purch money 6s g 1997__ A&O 125
1st s f 5s 1939. .
_____ A&O 10144 103
Consol & refg 5s 1933.J&J l o o k
95
Metropolitan Power—
Edison El 111 Bkln 4s '3 9 .-J&J
New Milford Pow 1st 5s '32_F&A l o o k
Kings Co Elev R y— See Bkln R T
1st 6s 1953 ser A __
__ J&D
106
105 k
New Orleans Pub Service Co—
103
95
Met St Ry— See N Y Rys
Kings Co Gas & 111 1st 5s’40 A&O 100
1st & ref 5s 1952 series A ..A & O
95
Kings Co Ltg 1st ref 5s '54_J&J 10344
Metropolitan West Side “ L ” —
1st & ref 5s 1955 Ser B _.J&D
78
118
1st gold 4s 1938 -------------- F&A
1st r e f e r s 1954...................J&J 116
78 k
91k
Gen M 4 k s 1935________ J&J
96
Kingsport Utilities 6s 1937.A&0 101
103
Exten gold 4s 1938
— J&J
75
Inc 6s N ov 1949 series A J&D
76 k
104
1st 7s 1937 series B
. A&O 102
Mexican El L 1st M g 5s '35 J&J r 60
Series B . . . .
.
J&D
Kisloch Long Dist Tel 5s '29. J&J
New Orleans Ry & lig h t Co—
100 k Mex Lt & Pow 1st 5s '33 s f.F&A r 67
___
Kinioch Telephone 6s 1928 .F&A 101
Miami Valley Elec 6s 1945.-J&J
Canal & Claib 1st 6s '46 M&N 110
93
Mich Elec R y 5s 1948 _____J&J / 13
15
96 k
Knoxv Gas 1st 5 s '33 o p t '13 A&O
9144
N O Cy R R — Gen g 5s '43-J&J
Jack Cons Trac 5s 1934--M&N / 20
Knoxville Railway & Light—
22
98k
N O Cy & Lake 5s 1943.J&J
Michigan Gas & Elec Co—
R ef & ext 5s 1948 opt .. .J& D
98 k
9744
NO&Carfoll con 5s Feh’33.J&J
102
1st & ref 6s 1943----- M&S
104
Knoxville Trac 5s 1§38. .A&O 100
Edison El 1st 5s 1929. .J&J
99 k
98
Michigan Home Telep Co—
Lackawanna & W yom Val R T —
N O Pow-House Co 5s '41-J&J
84
102
Cell trust 5s 1951__
...F & A
97
1st m 6s 1946 ser A ._ . M&N 100
St Charles St 1st g 4s '52 J&J
95
10 i
Newp News & Hamp R y , G & E—
Laclede Gas Lt ref 5s 1934. A&O 10)
102 k Michigan Light 1st 5s 1946-M&S 103
1st M coll tr 5 k s '53 ser C.F&A 104 M 104 441 Michigan Nor Pow 1st 5s '41 -T&J 100k
101
93 k
1st & ref 5s 1944 .
. ..J&J
Middle States W W 6s 1936-M&N 101
Newp News & Old Pt Ry & El
5 k % gold notes 1935 - F&A 10044 101
____
Lake Roland Elev— See Un Rys & Elec
Midland Util 5% notes '29.M&N
1st g 5s N ov 1 1938____M&N
98 k
99 k
____
5% notes 1930_________ M&N
Gen g 5s Mar 1 1941. - -M&S
Lake Sh Elec 1st con g 6s '33 J&J
98 k
99 k
98
5% notes 1931_____ - - M&N
Gen gold 5s Feb 1 1933. F&A
93
New Rochelle Wat 5 k s 1951
Midwest Gas 1st 7s 1936 A.M & N
98
99 k
97
Lor & Clev g 5s '27 op '17.J&J
99
100
series A . ___ _________ M&N
__ Millv Etna & Sharps— See Phil Co
N Y Cent Elec Corp—
Sand Frem & Sou 5s 1936 J&J
Milwaukee Coke & Gas Co—
Tol Frem & M o 614s 1925—
1st M Ska 1950_______ ..M & S
1 0 1k
1st M s f 744s 1933______F&A
76
New York Edison Co—
Extended to 1933 ____ J&J
7744
Lake St Elev R R — See Chic & O akPkE Iec Ry Milwaukee Elec Ry & Llgh —
1st lien & ref 6 k s 1941 .A&O 115k
____
Ref & ext 444s g '31 opt-.J& J
1st 1 & ref 5s ser B 19 44..A & 0 103 H
Lansing Fuel & Gas 5s 1927 .
98k
Gen & ref g 5s 1951 opt .J&D
Laurentian Power 6s 1936__ J&J 10244 10344
99k
99 k N Y Gas, Elec Lt, H & P Co—
1st & ref 5s 1961 ser B __ J&D
Lauren tide Power 5s 1946__ J&J 100
103
1st g 5s Dec 1 1948 ._ — J&D 106k
99
98 k
Milw Light, Heat & Trac—
Gen M 514s 1946_________ J&J r
Pur mon coll tr 4s 1949 -.F & A
92 k
1st g 5s gu 1929 op t__ M&N
Lawrence (Mass) Gas & Elec—
Ed El 111, N Y . con g 5s'95.J&J 108 k
Milwaukee G L 1st 4s '2 7 .-M&N
99 k
1st M 414s 1940 ser B ____F&A
9844
99 k
Central Un Gas 5s g 1927.-J&J
1st M 444s 1967_________ M&S
Lehigh Power Securities —
Equitable Gas 5s 1932____M&S 100k
93 k
Deb g 6s 2026 series A .
F&A
New Amster Gas 5s 1948.-J&J
98 k
9744
9744 Milwaukee Northern R y—
Lehigh Valley Transit—
1st 5s Apr 1931 - __ ..A & O
NY&ER Gas 1st g 5s '44.J&J 100
96 k
97k
68
Minn Anoka & Cayuna R'ge RR
1st M g 5s Dec 1935 opt .M & S
96
Con 5s 1945_____
- J&J
98 k
88
1st 5s 1935
. M&N / -----1st M g 4s Dec 1935 o p t..M & S
86
NY&Westch Ltg 4s 2 0 0 4 ..J&J
82 k
82
Minneap G L 5s Feb '30__ M&S
Cons gold 4s 1935________ J&D
80
99
100
Deb g 5s 1954 op guar J&J 100
R ef & impt g 5s 1960__ J&D
82
6% gold notes Feb 1930___
North Un Gas 5s 1927...M & N
99 k
10144 102k
8144
Minn Gen El 1st 5s '34 op ..J& D 10144 102 k
Leh Val L & P 5a 1943 . . A&O 10044
Standard G L 5s 1930. - -M&N
99 k
jMinn St Rys— See Twin O’y R T
Lax Aye & Pav Fy— See N Y Rys
N Y Municipal Ry Corp—
i Minnesota Power & Light Co- Lex (K y) R y— See K y Tr & Term
1st mtge 5s 1966
__ ..J & J / - - - 1st & ref 6s 1950 _______ M&N 105 k
Lexington Utilities Co—
106
N Y & Pa Telep & Teleg Co—
1st & ref 5s 1952
. .F&A
1st & ref 5s 1955_________ J&D
Gen s fd g 4sN ov 1929__ M&N
9644
98 k
99 k
Lincoln Gas & Elec 5s 1941-J&D
N Y & Queens Elec Lt & Pow—
9944 100 jMississippi Power Co—
Lindell R y— See United Rys(StL)
I 1st & ref 5s 1955 _ . _ .M & S
1st cons g 5s Aug 1 1930 .F&A 101
95k
96 k
Mississippi Riv Pow 5s '5 1 --J&J 101
Little Rock G & F 6s 1937.-M &K
102
NY&Queens Gas 1st 5s '34 .F&A
96k
9844
Sink fd deb 7s 1935_____M&N 102
Little Rock R y & El 5s '33 A&O 10144 102
103
N Y & Queens Co R y 4s ’46 A&O /
1
Missouri Edison El 5s 1927.F&A 100k 101
Steinway R y 1st 6s 1922..J & J / 20
R ef & ext g 6s 1938. . ..A & O 103
Missouri Power & Light—
Lockhart Power 514s 1950.-F&A
100
New York Railways Corp—
99
Lock port & Olcott R y— See Int Trac (B uffalo) 1 1st M 544s 1955 Ser A ____M&S
Prior lien 6s 1965 ser A . _J&J
99
101
83 k
Mobile Elec 5s '46 op '1 0 .-M&N
99
Lombard Elec Co (Italy)—
AdJ Income 6s Jan 1 1965 A pr.
Participating recta— See Stocks
!6
1st Mtge extl 7s 1952
J&D
96 k Mobile Gas imp & ref 7s '51 J&D 103
New York Railways—
Long Isl Lighting 5s 1936--M&S
101
10144 M ob Lt & RR 1st g 5s '3 7 ..J&D
Cons g 5s 1941 . .
..M & S
1st R E & ref 4s '42 op '1 6 -J&J / . . . .
1st ref 6s 1948 __
___J&J
10844 109k
1st & ref 5s 1955 ser B ...M & S
99
Guar Trust ctfs o f deposit__ / . . . .
9444
9944 Monmouth Cons Wat 5s '56. J&D
95 k
Monongahela St Ry— See Phil Co
Adj inc g 5s Jan 1942____A&O f . . . .
Secured g 6s 1945._______ J&J 10344 104
Monongahela Valley Traction—
Lorain & Cleve R R — See Lake Sb Elec R y
Bankers Trust ctfs of depos. f — —
45
Los Angeles Gas & Elec Corp—
1st M g 5s '42 opt ' 2 2 __ J&D
Bleeck St & FF 1st 4s '50. J&J
93k
91k
102 k Monongahela Valley Water—
Bway & 7th Av Cons 5s’43 J&D
1st & ref g 5s 1939 opt.-JM & S 102
76 k
73
1st M 544s 1950 series A ...J & J
105 44
C tf dep stpd June '26 int _ .
Gen & ref g 7 s '31 B & O .J& D
99 k
100k
Bway Surf RR 1st 5s '24. .J&J
Gen & ref 6s 1942 ser D ..M & 8 10844 10944 Monongahela West Penn PubServ
82 k
104 k
Gen & ref 514s 1943.. -M&S
1st lien & ref 544 s Ser B '53 F&A
Cen Crosstown 1st 6s '22.M &N /1 1 2 k
97k
98k
Col & 9th Ave 1st 5s '93.M &S f -----Gen & ref 514s '47 ser E ..J & D
10644 Montana Power—
1st & ref s f 5s '43 op '18. .J&J 101k
Eighth Ave ctf ind 6s '19 F&A / 86
Gen & ref 6s 1942 ser G .M&S 10844 109 k
102 k
Lex Ave & P Fy 1st 5s g '93 M&S / . . . .
G e n & r e f5 k s 1949 serI_.A & G 10344 104k Montreal Lt Ht & Pow Consol—
1st ref & col tr 5s 1951__ A&O
Second Ave con 5s g’48 gu.F&A / . . . .
99
Los Ang G & E 5s 1934__ J&J
99 k
10144
Montreal Lt, Ht & Pow Co—
Trust Co certifs of deposit /
Los Ang Pac Co— See Pac El Ry
Ist&coll tr g 4 44s '32op’ 12 J&J r 97
Receiver's certificates 1914.. / 30
Los Ang & Pasad—-See Pac El Ry
Gold 5s 1933 opt 1913___ A&O r ____
Sixth Av RR pur M 5s '6 5 .J&J / 7 6 k
Los Angeles Railway Corp—
Montreal Tramways—
South Ferry 1st 5s 1919.-A&O
98
84 k
I s t & r e f s f g 5 s 1940 ___ J&D
1st & ref g 5s 1941 op t___ J&J
Third Aye— See under “ T .”
Los Angeles Ry 5s 1938 .A&O
96
9544
98 k
99k
Gen & ref 5s 1955 series A . A&O
96
63
34th St Crosst 1st 5s ’9 6 ..A & 0
Los Angeles Sub Gas Corp—
Genl & ref 5s 1955 Ser B.A&Q
23d Street R y 5s 1962____J&J
96
1st lien coll trust 7s 1938 Bfi&S
69 k
Morn’side El StRy— See Phila Co
N Y & Richmond Gas Co—
Louisiana Power 1st 6s '44. J&D 103
104
Mountain Home Telep Co—
1st ref M 6s 1951 series A.M&N 103 k
Louisville Gas & Elec Co (K y)—
Gen 5s 1938 .
. ______ J&J
1st ref 6s 1952_________ M&N
1st & ref 5a 1952 ser A ..M & N
101
99 k
99 44 10044
Mountain States Power Co—
N Y State G&ECorp 5 k s '62A&0 103 k
1st & ref 544s 1954 Ser B . M&N 104
104
94
1st & ref 5s 1938.
__ J&J
96
1st 6s 1952______________ J&J
Deb s f 6s 1937 ser A ____A&O
10144
1st M 6s 1938 series B __ J&J
101
Loulsv Ltg 5s '53 unstmpd.A&O 101
101k New York State Railways—
Mt
Wash
St
Ry—
See
Phila
Co
1st
con
g
4
k
s
'62
op
'13.M
&N
57
Louisville R y con M 5s g '30 J&J
96 k
9644
__
Muncie El L 1st 5s "32 op '12 J&J
1st con 6 k s 1962________ M&N
77 k
2d mtge 444 s 1940_____ _M&S
8044
N Y Steam 6s 1947________ M&N 105 k
Gen M 5s 1950. . . __ F&A
70 k Muncie Hart & Ft Wayne Tr—
___
1st 5s g 1935 opt 1925____J&J
13
1st M 5s 1951_________ M&N
16
Louisville Water— See under Lou! sville, p. 50.
1M & U C Tr Co— See Un Tr o f Tnri
N Y & Suburban Gas— See Waste Chester
Lower Austrian Hydro-Electric—
92
Muncie
W
W
5s
Oct
2
'3
9
..A&O
N
Y
Tel
1st
4
k
§
’39
tax
ex.M&N
1st s f g 644s 1944 . ________
99
k
9344
9344
Municipal Gas (Albany, N Y )—
Deb 6s Feb 1949________ F&A
Luierne Co (Pa) Gas & Electric—
110 k
R ef M 6s Oct 1941_______ A&O
1st M 544s 1952 ser A ____A&O 105
107
108 k
1st ref&imp g 5s’48 op '13.A&O 10144 101k
Municipal Gas & Elec, Roch—
N Y Water Service Corp—
1st & ref 6s 1954 ______M&S
106 44 107
94
1st M g 444s 1942 opt '1 2 .A&O
1st m 5s 1951 ser A __ M&H
Debenture 7s 1944__ J&J 10944 1)044
Munic Service 5s 1942____M&8
94
95
N Y Westch & Bos R y— See Stea m RRs
103
Lykens Val L & P 6s 1945.-M &S 101
Col tr s f 6s 1956.
_____F&A
Niagara Falls Power 5s 1932-J&J
96
Lynn & Boston R R — See Eastern Mass S t Ry
94 k
101k
92
R ef & gen 6s Jan 1932.-A&O 104 k
Muskegon Tr & Lt 1st 5s'31 M&S
99
Macon R y & Light 1st 5s '53. J&J
Muskogee Elec Tr 5s 1934 M&N
1st & cons 6s ser AA '50.M &N
Madison Co (111) Light & Power—
105k
Mutual TeleD(Pa)lst 5s 1945A&0
101
Niagara Lockport & Ont Power—
100
1st g 5s 1936_______ _____ J&D
99k
Narragansett Co—
1st & ref 5s 1955 series A ..A & O
100k
Col tr g 5s 1957 ser A ____J&J
99
99 k
b Bads, / This price includes accrued interest, k Last sale, n Nominal, r Canadian price, s Sale price.




Ask.
101
96 k
105
100 k
100 k
98
99 k
100
101k
106
104
94
114
103 k
92 k
95
95
____
104k
____
101k
104
96 k
69
101
___ _
____

95 k
95 k
92 k

97
100
99k

94

100k
102 k
115k
103 k
92 k
100k
101k
99
99 k
83 k
101
100 k

101 k
4
84
29
66
66
9k
9k
53
76k
14
42
35

k
k

66

105
57 k
77 k
106
96
Ltg
99k
110 k
108 k
96
101k
104k
106 k
100 k

PUBLIC •UTILITY BONDS

Mar., 1927.]

NOTICE.— All bon d prices are “ and in terest” except whero marked “ f” and incom e and defau lted bonds.
B onds.

Bid.

Ask.

Norf & Atl Term— See Va R y & P
Norf & Ports Tr— See Va Ry & P
Norf Ry & Lt 1st 5s 1949-.M&N
9914
Norfolk St 1st g 5s 1 9 4 4 ---J&J
9914
North American Edison Co—
Conv deb 5s 1957 ser A . .M&S
98
North Amer Light & Power Co—
S f deb 5%s 1956 ser S____J&J
92
92%
North Carolina Elec Power—
1st s f g 5s Oct ‘40 op '1 6 --A & 0
North Carolina Pub Serv Co—
1st & ref 5s 1934 o p t ____A&O
98%
9714
1st & ref 5s 1956 ______J&J
9214
94
Sahsb & Spencer 5s '45__ M&N
North Continent Utilities Corp
Conv deb 6%s 1942 ser A.J& J 100
100%
North Rud Co Ry— See P 8 Corp
North Hudson Lt, H & P Co
(Hoboken. N J) 5s 1938--A&O 101
North Jer 8t R y— See P S Corp
North Shore Electric Co—
1st & ref g 5s ‘40 op '20__ A&O
99 % 100%
North Shore Gas Co o f Illinois—
1st gold 5s 1937 o p t _____F&A
97 %
9S%
North Calif Pow 5s 1932__ J&D
R & cons s f 5s '48 op '15--J& D
100%
Northern Conn Power Co—
1st & ref 5Ms 1946_____M&S
9814 101
___
Northern El Co Ltd 5s 1939-J&D r 98 %
Northern Electric Co (Wisconsin)
1st mtge 6s 1929 _______ J&J
9914 101
North Ind Gas & El 6s '5 2 .-M&N 105
105%
1st ref 5s 1929 _____ -.A & O
9914 100
1st & ref 5s 1966 series C-M &N
98
98%
Northern N Y Utilities. Inc—
1st M & ref 5s 1963 _____J&J
102
100
1st lien & ref 7s 1946 A .-M & N
112
115
1st lien & ref 6s 1947 3 .-M & N
105
106
1st 1 & ref 6s 1943 O ____M&N
105
107
1st i & ref 54*8 ser D '49--J& D
10214 103%
1st 1 & ref 5s 1955 ser E ..J& D
9814 100
Watertown L & P 5s 1959 J&J 100
101
Northern Ohio Power—
10-yr 7s 1935___________ F&A
92
93
Northern Ohio Telop Co—
___
1st s f 5% s 1957 ser A ___ F&A
100
Northern Ohio Trac & Light—
1st consol gold 5s 1933____J&J
97
100
92%
93
1st consol gold 4s 1933____J&J
1st lien & ref 5s 1956 ___ F&A
8 3%
8714
Gen & ref 6s 1947 ser A .-M & S
97
96%
Northern Ontario Lt & Power—
Sinking fund 6s 1946___ J&J
101% 102
Northern States Power Co—
1st & ref 5s 1941
- - .A&O 10014 100%
1st & ref 63 1941 ser B __ A&O
105%
105
113
113%
C o n v e y s 1933. - .........M&N
S% % gold notes 1933-.-M & N
103%
103
1st lien 6s 1948 ser A ____M&N
10314 105
5% % notes 1940________ J&B
6634'
98
Northern Texas Electric Co—
Ooll tr a f g 5s 1940 o p t__ J&J
82
84
Northern Texas Traction Co—
1st g 5s 1933 opt 1913____J&J
90
93
Northern Texas Utilities Co—
99% 100
1st 1 7% notesDecl5’29 J&D15
Northwestern Electric Co—
1st gold 6s 1935________ M&N
102% 103%
Northwestern Elevated (Chic)—
1st mtge 5s 1941 opt _ ..M & S
85%
85%
Union El (Looo)5s’ g '4 5 --A & 0
83%
Northwest Gas L & Coke (Chic)
99% 101
Cons g 5s Dec 1 1928____Q-M
Cicero Gas gen & ref 5s '32. J&J
99% 100%
Northwestern Pub Serv Co—
1st m 5s ser A 1957
. J&J
96%
Northw Teles— See W O Teieg
99%
Norwich(Ct)Gas & E g 5s'27.J&J
Nova Scotia Tr & Pow 5s '46 J&D
91
92
_
Gen mtge 7s 1952 ser A . .A&O
9814
Ogden Gas 5s 1945______ M&N
9914 100%
Ohio Gas & Electric—
1st sinking fund 6s 1946-M&N 10314 105
Ohio Pow 1st 7s 1951 ser A ..J& J
106% 106%
98
99
1st & ref 5s 1952 ser B ._ J&J
1st & ref 6s 1953.
..M & S 104% J05%
1st & ref 4% s 1956 ser D .J& D
90%
90
Deb g 6s 2024_____
...J & D
100% 101
■»hio Public Service Co—
1st M & ref 7 %s '46 ser A . A&O 114
115%
1st & ref 7s '47 ser B _____F&A
114% 115%
1st & ref 6s 1953 series O.M&S 108% 108%
1st & ref 5s '54 ser D ____M&8
99% 100
Ohio River Edison Co—
1st m s f 5s 1951______.J& D
98%
98%
Ohio State Telephone—
Cons & ref s f 4s-5s 1944--J&J 101%
Ohio Water 6s June 1933
J&D
97
100
97
Secured 6s 1946 - - __ J&D
100
Oklanoma Gas & Electric—
97
1st M 6s 1950___
____M&S
96%
Debenture gold 6s 1940__ M&S
98
100
Oklahoma Natural Gas 6% s 1941 101% 302
100
1st m 6s 1946 ser A
_
J&J
34%
Oklahoma Ry 1st & ref 5s '41 - J&J
37
Old Dominion Pow 5s May 15 '51
97
95%
Omaha & Council Bluffs St R y—
68%
Omaha & Coun Bluffs R y & Br
1st cons g 5s Jan 1 1928 ..J & J
Ontario Pow 5s '43 op to '13.F&A 101% 101%
Ontario Transmission Co Ltd—
1st gu g 5 s '45 op b e f'16 M&N 101%
Orange & Pas Val Ry— See P S Corp
Oregon Elec Ry 5s '33 opt..M & N
65
66
Ottawa & Hull Pow 6s 1948_____ r 103 %
Ottawa L H & P 6s 1 9 5 3 ............
Ottawa Traction—
1st M & col 514s July '55--J& D
101
Pasiflc Coast Pow 5s 1940.M&S 100% 101
Pailflc Elec Ry g 5s 1942.-.J& J
95%
Los Angeles Pacific Co—
1st ref g 4s 1950 opt '15--J& J
85%
86%
L A-Pac R R con 5s '3 1 -A&O
9o
L A Pa RR Oai 5s '43--M&S
92
Los Ang & Pas 5s g 1928.-J&J
99
93
Pasadena & M t L 4s '30-.J& D
Pacific Gas & El ref 5s '42__ J&J
99% 100%
1st & ref 7s 1940 series A . _J&D 109% 110%
1st & ref M 6s 1941 ser B_ J&D 108
1st & ref 514s 1952 ser O.J&D 103% 104%
1st & ref 5s 1955 ser D ..-J & D
99%
99%
Gen & ref 5s 1942_____ -J&J
Pacific Gas Imp 4s Sept '30.Q -M
Pacific Light & Power Corp—
1st & ref s f g 5s 1951 op.-M & S 103% 104%
Pac L & P Co 1st 5s '42__ J&J
104
105
Guaranteed______________ __
Pacific Lighting Corp—
Secured g 6s 1940 ______ F&A
Pacific Pow & L 1st 5s '3 0 --F&A 100
100%
6 Basis. /T h is price iacludes accrued interest,




B onds.
Pacific Teleph & Telegranh—
1st & col tr s f g 5s 1937--J&J 2
Ref M 5s 1952 series A __ M&N
Parr Shoals Pow 5s 1952__ A&O
Pasa & M t Lowe— See Pac El Ry
Paterson R y — See Pub Serv Corp
Paterson & Passaic Gas & Electric
consol gold 5s 1949______M&S
Pawtucket Gas 4s 1932
M&N
Peekskill Lt & RR 5s 1930 -A&O
Peninsular Telephone Co—
1st 5%s 1951____________ J&J
Conv deb 6% s '34 ser A . A&O
Penn Central Light & Power Co—
1st & ref 5s 1950________ A&O
1st & ref 6s 1953________ J&D
1st & ref 5%s 1964___________
1st & ref 5%s 1975.. - -A&O
Penn-Ohio Edison Co—
Deb g 6s 1950 ser A _____M&N
Penn Public Service 5s 1962 F&A
1st & ref 5s 1954 ser D __J&B
Pennsylvania Edison Co—
1st M 5s 1946 ser A _ _ -A&O
1st M 6s 1946__________ M&N
Pennsylvania Gas & Elec Co—
1st 1 & ref 5%s '55 Ser A .M & S
Deb 6s 1976 (with warr).M&S
Pennsylvania Ltg 5s 1940__ J&J
Pennsylvania-Ohio Pow & Lt—
1st & ref 5% s '54 ser A . _J&J
Deb g 6s 1939___________ J&J
Young-Sh Ry & L 5s '3 1 .-J&J
Pennsylvania Power Co—1
1st mtge 5s 1956 _______ J&J
Pennsylvania Power & Light—
1st & ref 7s ser A 1951__ F&A
1st & ref 5s 1952 ser B __ A&O
1st & ref 6s 1953 ser C __ M&S
1st &'ref 5s ser D 1953- .M&S
Penn Water & Power s f 5s '40J&J
1st ref 5% s 1953 ser A
A&O
Pensacola El C® 1st 5s '31 .F&A
Pedpie’s G L & Coke, Chicago—
1st cons g 6s 1943
__ A&O
Refunding gold 5s 1947 .M&S
Chic G L & O 1st 5s 1937 J&J
Consum Gas 1st g 5s '36.-J& D
Ind Nat G&O g 5s '36 gu.M&N
Mutual Fuel Gas g 5s '47 M&N
Peoples Light & Power Corp—
1st lien 5% s 1941
. . .T&J
Conv deb 6s 1962
. J&J
People’s Traction— See Phila R T
Peoria Bloom & Champ Trac—
1st gold guar 5s 1936.
M&N
Peoria W W Co pr 1 5s '4 8 -..M&N
1st con 4s 1948 ______ .M&N
1st con 5s 1948 ______ M&N
Deb 4s 1950 - - _____M&N
Philadelphia Company—
1st coll trust g 5s 1949- M&S
Cons M coll tr g 5s 1951-M&N
Stamped_
_
. .
1st ref & coll tr 6s '44 ser A F&A
Conv deb 5%s 1938_____M&S
Alleg Belle & Per 5s 1935. A&O
Ardmore Street 5s 1958 A&O
Central Trac 1st 5s 1929.-J&J
Citizens’ Trac 1st 5s '2 7 ..A&O
Duquesne Light 6s 1949--J&J
1st & coll tr 5% s '49 B J&J
Duquesne Trac 1st 5s '30. J&J
Fed St & P V 5s M ay 1 '42_ J&J
Ft Pitt Trac 1st 5s 1935 .J&D
Miliv Et & Sh 5s 1923._-M&N
Monong St Ry 5s g 1928. J&D
Wilk & E Pit 1st g 5s '29.M &S
M orn’side El St Ry 5s '35 A&O
Mount Washington St Ry—
1st & coll tr gu 5s 1933 A&O
Pitts Adleg & M gen 5s '30 A&O
Pitts & Bir Tr 5s g 1929 M&N
B K & A Trac 6s 1931- M&S
Brownsv Ave 5s 1926.-F&A
W Liberty 1st g 5s '3 0 .-J&J
Pitts & Charleroi 5s '32-.M &N
Pittsb Rys 5s 1953 - __ A&O
Pitts Trac 1st 5s 1927
A&O
So Trac 1st & coll tr g 5s '50 A& O
2d Ave Tr 1st 5s 1934____J&D
Gold 5s July 1 9 3 3 - - __ J&J
United Trac 5s 1997 ctfs-.J& J
West End Trac con 5s '38. J&J
Phila Elect 1st 5s 1966 __ A&O
1st M 4s 1966 . . . - - - A&O
1st lien & ref 6s 1941._ _J&D
1st & ref 5% s 1947 ___ J&D
1st lien & ref 5% s 1953.-M&N
First lien & ref 5s 1960__ J&J
Philadelphia Elec Power Co—
1st mtge 5% s 1972 . F&A
Phila & Garretsford St R y—
1st 5s 1955 ________ ...F & A
Philadelphia Rapid Transit—
Coll tr g 5s 1557 opt s f.-F & A

Bid.

Ask.

101%
102
98

102%
102%
98%

102%
95
96%

103%

100%
118

101%
____

101%
104%
103
98%

102%
105
104
99%

119
96%
99%

120
96%
99%

99%
103%

100%
105

97%
04
101

96
102

102
100
99

103
101
100

__

97%

98

106%
99%
105
100
102%
105
96%

107%
99%
106
luO %
103
106
98%

113%
101%
102
101 %
98
101%

102%
98%
101 %

05
98

97
98%

92%
06
73
85
45
105
99%

__

103%
100%
91
64
84
95
105%
105%
83
75
70
83
91%
86%
90
92
SO
88
87
85
83
87
90
87
65
68
80
63%
73%
105
88
107%
107
106%
103%
103%
77
84
91
101%

6s gold 1962___________ M&S
Darby Media & Ches St Ry
1st 4% s '36 opt '16 gu.-J& J
85
Hest Mantua & Fairm 5% s '34
Market Street Elev Pass Ry
1st g gu 4s 1955______M&N
87
Union Traction—
Elec & Peo 4s tr ctfs '45. A&O
57
People’s Traction Go—
P P R v t r ctfs 4s '43 -F&A
70
W Phila Pass 2d 53 '26-M&N
Extd at 5% % to 1956___
94
Philadelphia Suburban Gas & Elec
1st M & ref g 5s '60 op '15 F&A 101
Gen M 6s 1969__________ J&D 104%
1st consol 6s 1943 - - _J&D 106%
Phila & W Ohes Tr 4s 1954-.J&.T
Phila & West Ry 5s 1960------J&J
95%
Piedmont & North 1st 5s 1954 - J&J
94%
Pitts Alleg & Man— See Phila Oo
Pitts & Birm Tr— See Phila Co
Pitts & Charleroi— See Phila Co
P M cK & Con— See W Penn Rys
Pittsburgh Trac— See Phila Co
Pittsburgh Rys— See Phila Co
Pontiac Light 1st 5s 1927-.J&J
Portland (Ore) Elec Power Oo—
1st 1 & ref 6s 1947 ser B ..M & N
101
1st 1& ref 5% s 1951 ser C-M&N
97
Portland (Ore) Gas & Coke—
1st & ref g 5s '40 opt '20 _J&J
99%
1st general 7s 1940
J&J 104%
Portland Gas 1st 5s 1951-F&A
99
k Last sale. I In London, n Nominal.

113%
102

__

B onds.

Bid.

64
Portland (Me) RR 3% s 1951 J&J
84%
1st 1 & con m 5s 1945.- M&N
Portland Ry Lt & Power—
93%
1st & ref s f 5s 1942 op
F&A
1st & ref 6s 1947 series B M&N 101
107%
1st 1 & ref 7% s '46 ser A.M&N
95%
Portl'd Ry ref 5s '30 op _M&N
93%
City & Sub con 4s '3 0 .-J&D
Port Gen Elec 1st 5s '35. J&J 100%
99%
Portland (Me) Water 4s '27-F&A
Porto Rico Rys, Ltd—
1st g 5s Nov 1 1936 op .-M & N r 90
Gen & ref 5s £ 1962. __ M&N l 72
100
Porto Rico Telep 6s 1944__ J&D
Potomac Edison Oo—
1st M 6s 1949________ M&N 102%
95%
1st mtge 5s 1956 ser E ._ M&N
101
Potomac El Pow 5s '29 op .-J& D
Cons M g 5s 1936 guar __J&J 100%
Gen lien & ref 6s 19 53--. .A&O 107%
105
Power Corp” o f N Y —
1st M 6% s 1942 Ser A M&N 106
1st M s f 6s 1942 Ser B M&N 103
90
Power Secur coll tr 6s '49__ J&D
Incomes June 1949___
F&A / 85
Prov Secur— See Steam RR's—
Public Elec L Co (St Albans, Vt)
98
1st & ref 5%s 1956-.- - - A&O
Public Service Co of Colorado—
1st & ref 6s 1953 series A -M&S 102%
99
1st & ref 5 % s '54 series B M&S
Public Service Co of Nor 111—
1st & ref g 5s 1956 o p '21- A&O 100
1st ref 5%s 1962 series A J&D 105%
1st & ref 5%s 1964 series B.J&J 105%
99%
lst& ref 5s 1966 series O.M&N
99
Debenture 5s 1931______ M&S
Public Service Co of Oklahoma—
95
First & ref 5s 1966 ser O.M&N
95%
Trust certs 6 % perpet__ M&N
Secured 5 %s 1956
- - J&D
Camden Sub 1st 5s 1946.-J&J
Cons Trac 1st 5s 1933__ J&D
Eliz Plalnf & Cent Jersey Ry—
1st g 5s Dec 1 1950 - J&B
Elizabeth & Trent 5s '62-A&G
J C Hob & Pat 4s 1949.-M&N
Newark Pass con 5s '30 - J&J

106
104%
101%
87
69
56
83%
51
89
99%
91
89
50
83
60
84

Ask.
65
87
93%
101%
108
95%
101
____
77
103
104
95%
101%
101%
107
105
93
87
101
103%
100
100%
106
106
100
99%
97
96%
107
105%
101%
89
71
85
53
91
100%

N Hud Co Ry cons 5s '28. J&J
91
Nor Jer St Ry 4s 1948. M&N
& Pass Va! 1st 5s '3S--J&B
__ Or
Paterson Ry— Con 6sg’31-J&D
98
65
2d 6s '14 ext 5% to '4 4 .A&O
__ Riverside
86
Trac 5s 1960-..J&D
___
So Jersey Gas El & Trac—
Guar g 5s Mar 1 1953--M&S 101% 102%
Service Elec Pow Co—
__ Public
107% 108
1st M s f 6s 1948. - ______A&O
100% Public Service Elec & Gas Co—105%
1st & ref 5%s 1959- - - - -A&O 105
103%
104% 1C5
1st & ref 5% s 1964.
..-A & O
101% Public Utilities Evansville—
93
1st & ref 6s 1929 _______ J&J 100% 101%
67
88
100
101
1st g gu 5s 1933 op t____ J&D
Puget Sound Power & Light—
105%
1st & ref 5%s 1949______J&D ' 100% 101%
105%
99
99%
1st & ref 5s 1931 series B.F&A
86
Puget Sound Electric Ry—
78
92%
93%
1st consol g 5s '32 on .F&A
93
75
94
88
104
105
Wash Coast Util 6s 1941______
94
Quebec Power Co—
90
1st M s f 6s 1953 ser A.A& O 106%
Quebec R y Lt H & Pow—
98%
Cons g 5s 1939 o p t --------- J&D r 98%
94
103
104%
85
106% 107%
R ef 6s 1953 ______ _____ M&S
103,% 103%
90
Ref 5s 1955----------------..M & S
95
96%
97%
1st cons g 5s 1935 op *10_M&&
99%
Oulncv G & E 5s 1929 - M&S
89
93
Ouincv (111) R y 5s 1932 - F&A
95
97
93
99
96 •
67
Ran Tr St Ry— See Pub Ser Corp
73
102%
Reading Trac 6s 1933 - - _ J&J 101
Rhlne-Westphalia El Pr (Germ'y)
64%
104
Mtge g 7s 1950. _ — __M&N 103
77
Richmond (S I) Lt & RR—
105%
Rio de Janeiro Tram Lt & P—
r 95%
107%
96%
107% Riverside Trac— See Pub Ser Oorp
107
Roanoke G L 5s 1927 A&O 100
100
99
103% Roanoke Rv & El 5s 1953..F&A
98%
Roanoke Tr & Lt 5s 1958..F&A
97%
Roanoke W W 5s 1950
— J&J
92
90
104
Rochester Gas & Elec Corp—
Gen M 7s 1946 series B ..M & S 111% 111%
79
Gen M 5% s 1948 series O.M &S 105
105%
86
103%
Roch Ry & Lt 5s '54 op t------J&J 103
97%
Roch Ry cons 5s g 1930.-A&O
86
2d 5s g 1933 -J&D
86% Rochester & Syracuse R R — .
23
1st M conv 5s 1957. __ M&N
99%
Roch Telep gen 5s 1933— A&C
1st & ref 6s 1946-_ ..A & O
101%
88
Rockf Beloit & Zanesv 5s '30 A&O
58
Rockford (111) Electric Oo— __
1st & ref s f 5s '39 op '14.M&S 101%
Rome (Ga) Ry & L 5s '4 6 .-A&O
71
96%
Rome (N Y) Gas, Elec Lt & P—
100
-J&D
1st 5s 1931__________
97
1st ref 5s 1946-----------------------100
102
Rumford Falls Pow 4s 1945.A&0
90
Gen M 4% s Dec 1929-..J& D
97
105%
106% Rutland Rv Lt & P 1st 5s’46.M&S
56
Sacramento Elec Gas & Ry—
97
Cons 5s Nov 1 1927 . _ M&N
95% St Charles St R R — See N Orl Ry & Light
St Clair County (111) Gas & El—
1st cons guar 5s 1959. - -M&S
99
St Joseph Gas— 1st 5s 1937.-J&J
94
St Joseph R y , Lt Heat & Power—
1st g 5s Nov 1 1937_____M&N
96
St Joseph Water 5s 1941____A&O
95%
St Louis RR— See Un Rys (St L)
St Louis Sprlngf & Peoria R R —
102
1st & ref gu g 5s '39 opt _J&J>
93
St Louis & Springf 5s '33 J&D
98
St L & Sub Ry— See Un Rys(Sfc L)
100
St L Tran— See Un Rys (St L)
105% St Maurice Power Ltd—
101
1st M 6 %s 1953 ______ F&A 108
Canadian price, s Sale price.
’ 02

99
88
26
101
105%
97%
101
101
92
99

100
96%
96
95

108%

PUBLIC UTILITY BONDS

[V ol. 124.

NOTICE.— All b o n d prices are “ and In terest" except where marked “ f” an d incom e an d d efau lted bon ds.
B onds.

Bid.

Ask.

St Paul City Ry— See Twin City R T
St Paul Gas Light—
Gen gold 5s 1944- M&S 101
10143
Gen & ref 5% s 1954 ser B J&D 102 43 10343
Gen & ref 6s 1952
____J&J
107
106
Salisbury & Spencer— See No Car o Pub S ervice
Salmon Rlv Pow gu 5s ’52 op F&A 103
10343
Salt Lake Term 6s 1935__ J&D
Salt River Val Water Users Assn
6s 1938, - .
. F&A 101
105
San Antonio G & E 5s 1949 M&S
98
San Antonio Public Service—
1st ref 6s 1952 series A
J&J 10643 10743
San Antonio Tr 1st 5s ’49 M&S
93
95
San Diego Consol Gas & Elec—
1st g 5s 1939 opt 1914
M&S 102
10243
1st & ref 6s 1939 ser A - .M&S 10343 10443
1st & ref 5s 1947 ser B
M&S 101
10! 43
1st & ref 6s 1947 ser C . M&S 10443 10543
Sand Frem & So Ry— See Lake Sk El Ry
San Fran G & E 4% s 1933. M&N
9843
9943
98
9743
San Joaquin Lt & Power Corn—
Unif & ref 6s 1952 ser B M&S 11043 111
Unif & ref 5s 1957 ser D _ . _J&J
9843
Unif & ref 6s May 1 ’54 E M&S 10443 10544
San Joaquin Light & Power—
1st 5s 1945 opt aft 1910 J&D 101% 102%
Sao Paulo Tram Lt & Pr, Ltd—
1st g 5s June 1 1929.
. J&D r 9743
9843
Sauda Falls Co Ltd—
1st s f 5s 1955 ser A
. A&O
9843
99
Savannah Elec & Power Co—
1st & ref 7 K s 1942 ser A A&O 10743 109
Savannah Elec Co 5s g ’52. J&J
97
9843
Sayre (Pa) Elec 5s 1947
A&O
98
Schenectady Railway Co—
1st M 5s 1946 opt 1919..M&S
58
61
Schuylkill Trac 1st 5s 1943 A&O / ___
Scioto Valley Railway & Power—
1st s f 6s 1943 ... - .
J&D
Scranton Elec 5s ’37 opt ’ 12 J&J 102
103
8% gold bonds Jan 1931 A&O
Scranton R y— 1st 5s Nov ’32 J&J
71
75
1st & ref 5s 1947 . . . -F&A
78.43
7943
Scran Trac 1st 6s g 1932 M&N
95
97
Scran & Wilkes-Barre Tr Corp—
Coll trust 6s 1934.
.A&O
98
100
1st & ref 5s 1951
- F&A
83
85
Seattle Elec 1st g 5s ’30 opt F&A 102 43 10243
Con & refg s f 5s 1929
F&A 100
10044
Seattle-Everett Traction—
1st M g 5s 1939 opt 1914 M&S
94
9443
Seattle Ltgdst 5 s ’44 opt TO M&S 100
R ef g 5s 1949 opt 1914
A&O
9443
9543
..F & A
Deb s f 6s 1936__
9943 10043
Second Ave— See N Y Rys.
Second Ave Trac— See Phila Co—
Seneca Pow Corp 6s 1946 _M&S 10243
Shawinigan Water & Power—
1st cons s f 5s 1934
. J&J 10143 102
1st ref 543s Jan 1 1950. „ J&D 10443 10543
1st ref 6s 1950. _ . ___ J&J
10543 106
Sheboygan Elec— See East Wis El ec Co
Shenango Val Water 5s 1956A&Q
95
9443
Shreveport Rys 1st 5s ’27-’44 J&J
Silesian Elec Corp s f 6 %s ’46F&A
97
9743
Sierra & San Francisco Power—
1st g 5s 1949 o p t ...
F&A
9543
9443
2d M 6s 1949 series A _____J&J
93 43
9443
2d M 5s 1949 series B . . J&J
8143
82 43
Silesian-Amer 7s 1941
10043 100%
Sioux City Gas & Elec Co—
1st 6s 1947 ser A .
...M & S
105
106
1st 6s 1949 ser B . _ . F&A 105
106
1st 25-yr 5% s 1950 ser O.F&A
101
102
Sioux City Service Co—
1st M 6s Jan 2 1951 . . . J&J 101
103
Somerset Un & Middlesex Ltg—
Mtge g 4s Dec 1 1943
J&D
88
So Car Gas & El 6s 1942 M&S15
94
9543
Conv 6s Dec 15 1932. J&D15
88
South Carolina Power Co—•
1st lien & ref 5s 1957 - .J&J
94
95
South Oov & Cin St R y— See Cin New & Cov Ry
South Ferry— See N Y Rvs
South Jer G E & T— See Pub Serv Corp
South Pittsburgh Water Co—
1st lien & ref 5s 1960 ser A . J&J
97
98
1st M 5s 1955
F&A
98
99
Southeastern Power & Light—
Deb 6s 20 2 5 -.- . . .
M&S
98%
9843
Southern Bell Telep & Teleg—
1st s f g 5s 1941 opt 1916 J&J 102% 103
1st & ref 5s 1954 ser A . . F&A
Sou B ’vard— See Third Ave Rv
Southern California Edison—
Gen g 5s Nov 1939 opt . -J&J 10143 10243
Refund 6s 1 9 4 3 . .............A&O
10443 105
Gen& ref 5s 1944 _____ F&A 10043 10143
Genl & ref 5%s 1944.
F&A 10443 105
Refunding 5s 1951 . . . J&J
98%
99
Southern Cal Gas 6s 1950 .M&N
105
10543
1st & ref 6s 1958 series O J&D 104
10443
1st & ref 7s 1951 series A ..M & S
1st & ref 543s 1952 ser B ..M & S 10043 10143
Southern Calif Telephone—
1st M 5s 1947
101
Southern Canada Pr Co Ltd—
1st M 5s 1955 ser A .
A&O r 9843
99
Southern Cities Utilities Co—
1st lien 6s 1951 ser A__ J&D 10043 102
Conv deb 6s 1936 ser A A&O
98
100
Southern Colorado Power Co—
1st g 6s 1947 series A _
J&J 101% 10143
Southern Counties Gas Co of Calif
1st g 543s M ay 1936 . ..M & N 101
10143
Southern Gas Co—
1st 643s 1935 with warr _M&N
Southern Gas & Power Corp—
Conv 6% notes 1930__
J&D
9843 100
S f deb 643s 1936 ser A . __ A&O
9643
9843
Southern Illinois Lt & Power—
1st M 6s 1931 opt. - . .J&J 103
10443
Southern Indiana Gas & Elec—
Deb 7s 1934____________ J&J 10043 10143
South N E Telep 1st 5s '48..J& D 105
Southern Ohio Elec Co—
1st M 6s 1955
_ .
.J& D 100
101
Southern Pow 5s 1930 opt..M & S
9943 101
Southern Sierras Power—
1st s f gu 6s Sept '36 op T8 J&J
Southern Trac— See Phila Co—
Southern Wise Pow 5s ’38 .A&O
95
Southwestern Bell Telep—
1st & ref M 5s 1954 ser A F&A 10343 103%
Southwestern Gas & Elec Co—
1st mtge 5s 1957 ser A ________
9743
9743

B onds.
Southwestern Light & Power—
1st & col 6s 1937___ ____ M&S
Southwest Power Co—
1st M 643 s 1944 series A .M&N
Southwestern Power & Light—
1st lien 5s 1943 _________ J&D
Deb g 6s 2022 series A
M&S
Southwestern Public Service Co—
1st M s f 6s 1945 ser A . _J&J
S W Missouri RR 5s 1931.-M&S /
S W M o El Ry ref 5s ’23- M&S /
Spg Br’k Wat 1st ref 5s ’65-A&0
Spring Val Wat 1st 5s '43 M&N
Springfield (O) Lt, Ht & Power—
1st s f g 5s 1929 _ ___ F&A
General & ref 5s 1933
.A&O
Springfield & N E Tr—
1st 5s 1936_______________J&D
Springfield (O) R y 1st 5s '35 M&S
1st M 5s 1928-1934_____M&S
Standard Gas & Elec of Delaware

Bid.

103
9743
100%
9843
12
20
10043
99%
100
9943
54
__

100
98%
Debenture 6s 1951. .
.F&A
Debenture 6s 1966 J&D
98%
Standard Power & L Corp—
____
Deb g 6s 1957
. . . . F&A
Steinway Ry— See N Y & Queens Co Ry
Stettin Pub Util 7s 1946___ A&O
99
Suburban Gas Co of Philadelphia
1st s f g 5s Apr 1 ’52 op '07 A&O 102
Superior Water, Light & Power—
1st 4s May 1931__ _____ M&N
9543
Ref 5s 1929 ___________ M&S
Syracuse Gas g 5s 1948
J&J 103
Syracuse Lake Shore & North—
1st M g 5s ’47 opt T7 _M&N / 11
Syracuse Lighting 5s g 1951 .J&D 103%
1st & ref 543s 1954______F&A
10543
Syrac Rap Tr 1st g 5s 1946.M&S
79
81 •
2d mtge g 5s 1930__
..J & J
Tacoma Ry & P— See Puget Soun d Elec
Tampa Electric Co—
1st M g 5s 1933 s f op __ J&D
100%
Tenesssee Electric Power— ._ _
1st & ref 6s 1947 ser A __ J&D
10543
1st & ref 5s 1956_______ J&D
9743
Teun Pow gu 5s 1962 opt M&N
98
Tenn Water 1st 5s 1946__ M&S
Terre Haute Indianap & East—
1st & ref’s f g 5s '45 op t. A&O
83
Terre Haute Traction & Light—
1st con M g 5s 1944__ _M&N
95
Terre Haute El 5s 1929. J&J n 9943
Terre Haute W W Corp—
1st M 6s 1949 ser A . . _ J&D 102
1st M 5s 1956 ser B . ___ F&A
9543
Tex Elec R y deb 6s 1942 _ J&J
34
1st & ref 5s 1947 _____ __ .J&J
50
Tex Trac 1st 5s '37 op t__ J&J
Texas-Louisiana Power Co—
98
__ J&J
1st 6s 1946 series A
Texas Pow & Lt 1st 5s '37 J&D
99%
Deb g 6s 2022 ser A ______J&J 101%
1st & ref 5s 1956. . . . .M &N
95%
Third Avenue R y (New York)—
1st ref g 4s 1960 opt aft '14 J&J
65%
Adj inc g 5s Jan 1960 opt .A&O / 64%
Third Ave RR 1st 5s g '37.J&J
97)3
Dry Dock E Bway & Battery
1st 5s gold 1932.
_ J&D
85
Gen ref M ser O inc Jan 1960 /
7
42d St M & St N 1st 6s 1920 ext
at 5% to 1940________ M&S
93%
65
Sou Boulevard g 5s 1945. -J&J
Union Ry 1st 5s g 1942 -F&A
8343
Westchester El 1st 5s g '43 J&J
73
Yonkers R y 1st 5s 1946 -A&O
74
Thirty-fourth St Crosstown— See N YRys
Tidewater Pr 1st & ref 6s’42. A&O 10443
1st & ref 543s 1945 ser B -.A & O
9943
1st lien & ref 5s 1929 ser O.F&A
98
Tiffin (O) Water Works Co—
1st M 5s 1932__________ M&N
94
Toho Electric Power (Japan)—
1st s f 7s 1955 ser A ...M & S 15
98%
6% notes 1929_________ J&J15
9843
Tokyo Elec Light Co (Japan) —
6% 3-year gold notes 1928.F&A
99 43
Toledo Edison 1st 7s 1941 -M &S 108%
1st M 5s 1947-...M & S 10043
Tol Frem & Norw— See Lake Shor e El Ry
Tol G E & IT con 1st g 5s ’35-A & 0 102
Tol & Indiana 1st 5s 1931 ..J & J
92
Toledo Traction Light & Power-—
5 43 % notes July 15 1930-J&J15
9943
Topeka Edison 5s Sept 1930 J&J
9943
Topeka Ry 5s 1930 opt 1915-J&J
9843
Topeka R y & L 1st 5s 1933.F&A
9643
Trenton G & El g 5s 1949 M&S 10243
98
Trenton(M o)G & E 643s’35 A&O
57
Trenton Pass 6s Sent 30 ’31-A&O
87
Tri-City Ry & Light—
1st & ref g 5s 1930 opt __ J&J
97%
Tri-State Telep & Teleg—
5%s 1942 . .
. . . . . . M&N 105%
Troy City R y— See Un Tr (Alb)
Troy Gas 2d 6s '23 ext to '39 F&A 102
1st 5s 1939........................M&N
98
28th & 29th Sts— See 3d Ave Ry
23d Street Ry— See N Y Rys
Twin City Rapid Transit Co—
St Paul City 1st g 6s 1932 A&O n 103
1st cons 6s g 1934 __ A&O n 103
Cable con 5s 1937
J&J15
9543
Guaranteed __
96
Minn St & St Paul City—
Cons guar g 5s 1928 ..A & O
9743
Twin States Gas & Electric—
1st & ref 5s Oct 1953.._ A&O 101
1st i& ref 543s 1945 Ser A.M&S 104%
Tyrol Hydro-Elec Pow C o—■
1st M s f 743s 1955_____M&M
100%
Ujigawa Elec Power (Japan)—
99
1st M s f 7s 1945_______ M&S15
Underground Elec Ry of London
443s Jan 1 1933__________ J&J
9543
Income 6s Jan 1 1948.
__ / 97%
Union Depot— See United Rys St Louis
Union El Lt & Pow Co of St L—
1st g 5s Sept 1 1932 stpd.M &S 102%
Ref & ext 5s '33 op aft '18 M&N 102%
Union Elec L & Pow o f Illinois—
1st g 5 43s 1954 ser A
..J& J
10243
Union Eleg R R — See N W Elev
Union R y— See Third Ave Ry

Ask.

B onds.

i
l
a Purchaser also pays accrued dividend, b Basis, d Price per share, not per cent. /T h is price includes accrued interest,
d Per cent o f par value.
Canadian price, s Sale price. * Ex-dividend, y Ex-rights.




Bid.

Ask.

Union Trac Co of Indiana— ___
1st 5s ’ 19 ext at 6% to ’32.J&J
18%
20
Indianap North 5s 1932 .J&J
22%
23%
104
Mun & Un City 5s 19 36..J&J /
8
4
Union Water Service Co—
98
First lien 543 s 1951 ser A.M&N
96%
10143 United Elec Lt & Power Balt—
1st cons g 443s 1929 . . M&N
99%
Unit Elec Co of N J 4s ’49 .J& D
89
100
89%
United Elec Rys (Providence)—
20
Prior lien M 4s Jan 1946 ser B_
80
102
Gen ref M 5s Jan 1951 ser A __
81
Gen ref M 4s Jan 1951 ser B__
69
10043
United Electric Securities Co—
Coll tr g 5s 1933 to 1955..F&A
100% United Elec Serv (Italv)—
Extl 1st s f 7s 1956 ser A J&D
95%
96
United Fuel Gas 6s 1936
J&J 103%
104
7% s Aug 15 1931_____F&A15
56
United Fuel & Supplv—
1st M g 6s Apr 15 1941-.A & O
98
100
100%
100
9943 United Ilium Co New Haven—
1st 4s Feb 1 1940
- F&A
94%
95%
99%
United Light & Power Co—
99%
Deb g 643s 1974. _______ M&N
100%
9943
5 % % g notes 1928 .
M&S 100 43 100%
1st 1 & consol 543s 1959 A&O
98%
99%
100
95%
Deb g 6s 1975__________ M&N
96%
United Lt & Rvs 1st 5s '32. .J&D
97%
9843
1st I & cons M 6s ’ 52 ser A A&O 103
104
9643 United Power & Tran—
Del Co & Phi tr ctfs 4s ’4 9 .J&J / 40
United Rys tr ctfs 4s ’49 J&J
67
United Pub Util 6s 1943 . J&J
15
Unit Rys & Elec (Baltimore)
1st consol g 4s 1949 ____M&S
72%
73
1st con M 6s 1949.
__ M&S
105%
99
81
Income g 4s 1949 op ’2 9 .-J&D
52%
53
Inc funding g 5s 1936 - -J&D
79%
84
6% gold notes 1927____F&A
100%
100%
99%
6% g notes 1930.. _____ M&S
102
Bait Sparrows Pt & Ches—
1st g gu 4% s 1953. . .F&A
90
105%
Balt Tr Co 1st M 5s ’29 M&N 100
98
No Balt Div 1st 5s ’42 J&D 100
Cent R y con M g 5s 1932 M&N 100
98%
Ext & imp 5s 1932 ...M & S
100
Lake Ro Fl 1st 5s ’42 M&S 100
United Railways of Havana—
86
_ S 109%
Eq 7 %s Feb 15 ’36____F&A 15
Unit Rys (Phila)— See Unit P & T
96
United Rys of St Louis—
100
Gen g 4s July 1 1934_____J&J
76%
76
Gen g 5s Apr 1 1923 gu A&O / 80
82
St Louis Trans Co 5s ’2 4 --A&O / . . . .
9643
United Traction (Albany) —
38
Con g 4% s 2004
. _„.J& D
38
41
53
Albany Ry con M 5s g ’30 J&J
72%
Gen g 5s 1947________ J&D
47
Troy City Ry 5s g 1942-_A&O
49
46
99
100% Unit Tr (Pittsb)—-See Phila Co.
102% United Util 1st 6s ’43 op '18 J&J
96% Urbana & Cham R y G & E—
5s 1929______________________
95%
96%
66% Utah Gas & Coke 1st 5s ’36- J&J
96%
97%
64% Utah Lt & P cons g 4s ’30 -J&J
P 1 5s 1930. J&J 100
100%
98%
Utah Light & Traction—
94%
1st & ref 5s 1944 series A A&O
94%
90
Utah P & L 1st 5s 1944 ...F & A
98
98%
Deb 6s M ay 1 2022M&N
98%
99
1st 1 & gen M 6s 1944___ F&A
103% 104%
Utica El & P 1st 5s 1950-- J&J 102%
Utica G & El ref & ext 5s ’57-J&J 102% 102%
Gen 5% s 1949 _______ J&D15 104
105
75%
101
Gen M 5s 1956 ser D __ A&O 100
Utica & Mohawk Valley R y—
1st g 4% s 1941_________ M&S
65
60
106
82
101
80
Utica Belt L 1st g 5 s ’39 .M &N
9S% Valley Counties Pow 5s ’30 M&N 100%
Vermont Hydro-Elec Corn—
1st M 6s 1929--_ . _
A&O 100% 101%
98
Vicksburg Gas Co—
Serial 6s 1927-1945_______ J&J
98
95%
99
100
99
98% Vicksburg L & Tr 1st 5s ’3 2 .-J&J
1st M 7s 1932..
. . . _J&J 102
Debenture 6s 1930- . . M&S 100
101
99%
108% Virginia Pow 1st 5s 1942.-J&D 100% 101%
101% Virginia Elec & Power Co—
1st & ref 5s 1955..
..A & O
97
96
Virginia Public Service Co—
103
1st & ref 543s 1946 ser_.AF&A
96
95
93
Deb s f 6s 1946.
. F&A
94
96
99 43 Virginia R y & Power—
1st & ref g 5s 1934
-J&J
99%
100%
Norf & Atl Term 5s ’2 9 --M&S
99%
99%
N orf & Ports Tr 5s ’36
J&D
98
103% Wash Alexandria & M t Vernon—
__
1st g 5s 1955 opt ______ M&S / 10
100
Certificates
___ __
/
4Washington Balt & Ann El—
1st M 5s Mar 1941 o p .. M&S
73%
73%
98% Wash Coast Util— See Puget Sd P ow & L
Wash’n (D C) G L 5s I96 0--M &N 101
__
6s M 1933 series A_
. A&O 104%
10643
6s m 1936 ser B - . __ __ A&O
104% 105
Wash R y & El g 4s 1951
J&D
84%
103
Gen & ref 6s 1933_______ M&N
103%
104
100
Anacost & Pot 5s 1949 ..A & O
95%
Guaranteed___
_____
95%
City & Sub 5s g 1948-- F&A
94
Washington Water Power Co—
100%
Consol & coll tr g 5s 1929 -J&J 100
1st ref 5s 1939 op __
-J&J 102% 103%
Waterloo Ced Falls & No R v—
1st M s f g 5s 1940 op ’ 15- - J&J / 13
15
Certificates o f d eposit.. . . / 13
15
98
Watert’n L&P— See No N Y Uti!
Westchester Elec— See 3d Av Ry
102
Westchester Lt 1st g 5s ’50. J&D 103
105
__ __
N Y Sub Gas— 1st g 5s ’49 M&S
West Chester (Pa) St R y—
101
1st g 5s Aug 7 1932 _____F&A
65
75
1st collateral 6s 1939. . A&O
94
90
99%
West End St Ry— See Boston E]
97% West Liberty St Ry— See Phila Co
West Penn Power—
1st M 5s ’46 op ’21 ser A.M&S 100% 100%
1st M 5s 1963 series E ____M&S
100%
101
1st M 5% s 1953 series F -.A & O 105
1st M 5s 1956 series G __ J&D
100% 100%
West Penn Railways Co—
100% 100%
1st g 5s Jan 1 1931 .
..A& O
Pitts McKees & Connells RR
y8 %
1st cons 5s Jan 1 ’31___ J&J
98
West Penn Tr 1st 5s 1960..J& D
94
96
W Phila Pass R y— See Phila R T
k Last sale,

n Nominal,

PUBLIC UTILITY BONUS AND STOCKS

M ar., 1927.]

NOTICE.— All bond prices are

Western Power Corp—

1
1

3
Western Public Service Co1st M 6s ser A 1950___
3
Western States Gas & Electric—
3
3
3
J
Western United Gas & Elec Co3
J
1
k
3
i
J

Wheellng (W Va) Electric Co—

Ask.

Bid.

Bonds and Stocks.

3
1

9734
101
101
10334
98
101 34
10034
102
___
h im

10134

10 1 34

97 34

Wilmington (Del) Lt & Pow CoWisconsin Electric Power Co—
Wisconsin Gas & Electric—
1st g 5s 1952 opt 1919____
Wisconsin Power & Light—
1st & ref 6s 1944 ser C__T

Wise Pub Service Co—
Wisconsin Ry Light & Power—
Wisconsin Trac L H & PowerWlsconsln Valley Electric—
Worcester & Conn Eastern R y-

95
!

97
102 34
106
97
98
10034

9834
100
101

100

101

100

101

97 34
105 >3

99

10234
10134
96

10434
102J4
9634

9334

95

102
9934

10334
101
101

9934
97 34
96 34

9834
98

99
106
101

9934
102
92
92

95

8 0 34

Worcester Gas Light Co—

Yarmouth Light & Power, Ltd—
Yonkers Ry— See Third Ave Ry
York Haven Water & Power—
Youngstown & Ohio River—
1st M g 5s 1939 opt 1915--.fi

90
70

92

105
105
75
101

80
101H

89
102

105

10034
97
93

98
94

____
P & L
S Ry & L
Zanesv

PUBLIC UTILITY STOCKS.

Alabama Power 7% pref.
6% preferred__________
All America Cables Inc__
Allegheny Traction— See P!

50
106
112
109 34
d 9434
169

108
115
11034
96
17034

Misc.”

Amer DisTel o f N J com (no par) d 65
108
American & Foreign Power—
C om m on_____________ (no par) d 2034
Preferred______________(no par) cl 87%
Amer Gas & Elec com ___ (no par) d 70 H
6% preferred____________ (t) d 93 34
American Light & Traction. .
230
Preferred________________
110
Amer Power & Light com ___ ( f j d 59
99 34
99
90
7934
d 334
Common B ____________
d 3 34
Warrants_______________
d
%
Amer Superpower Corp com A ._ t d 2834
Common B _______________ (f) d 28 34
Firs tpreferred_______________ j d 95
Amer Teleg & Cable guar____ 100
27
American Telep & Teleg_____ 100 15834
Amer Water Works & Electric—
Common new______________20 d 77 34
1st preferred (7 % )________ 100 104
Appalachian Elec Power____ 100
90
7% preferred______________ 100
99
Arizona Power_______________ 100
23
Preferred (7 % )____________ 100
78
Preferred (8 % )____________100 100

70
110
20 34
8834
72 34
96 34
232
114
5934
9934
70
92
8034
334
3%
%
28%
29
96
27 %
159
7734
106
102
24
82
103

Bid.

Par

98 % Bleeck St & Ful Fy— See N Y Rys
Boston Elevated R R com ____10C
99
Preferred _________________ 10C
1st preferred______________10C
10034
2d preferred ____________ 10C
96
9334 Brazilian Tr L & P Ltd _____100
B ’way & 7th Av R R — See N Y Rys
9634 Brockton Gas Light C o______ 25
Brooklyn City R R ___________ 1C
102
Brooklyn Edison C o _______ 10C
Bklyn-Manhat Tran v t c (no par)
49
Pref v t c ser A _____(no par)
Brooklyn Union Gas
.(n o par)
Buffalo General Electric, (no par)
Buff Niagara & East Pow com (t)
96
Preferred _________________ 25
97 M California-Ore Power pref ..1 00
Calif Ry & Pow prior pref___100

98 34
97

1
9934
J 93
3
92
3 103
1st M 5s 1956,
1
9534
Tilkes-Barre G&______ opt.J& 1 10134
Wilkes-Barre & Hazleton KR—5 / 47
Wllk & E Pitts St R y100
Wilmington (Del) Gas Co—

Stocks.

Arkansas Natural Gas________ 10
Arkansas Pow & Lt $7 pref. (t)
Assoc’d Gas & El com Oi A_..(t)
Pref (original) $334 d iv ____(t)
97%
Pref $6 dividend series_____(t)
Pref $634 div series.
__(t)
Pref $7 dividend series_____(+)
102
Option warrants (full paid).
104 %
98% Augusta-Aiken R y & El *..__.100
Preferred_________________ 100
101%
Bangor Hydro Elec com .
_ 10(
7% preferred__ ____ ____ .100
100 %
104%
6% preferred.
_
10C
Baton Rouge Elec C o________ (t)
99
Preferred Series A .
.10C
111%
1 0 1 % Bell Telephone (Canada)_____10(
Birmingham Elec $7 pref____(t)
103
9834 Blackstone Val Gas & E _______ 5C

102 34

41

and Interest” except where marked “ f” and income and defaulted bonds.

d

7%
102
d 4034
d 5134
d 8734
d 95
d 100
d 10334
d 6334
27
53
125
108
95
d 60
101
r 145
d 106
dtj 98%
105
8734
100
114
106
r 11934

d 50
d 5%
151
d 6834
d 88
d 92
d ___
d 2 34
d 2534
10234
120
177
Cambridge Gas Light Co . 25 d 77
Camden & Sub R y— See P S Corp
Canadian General Electric__ 100 r 50
Preferred__________________ . r 5734
Cape Breton El Co p r e f _____100
45
Capital Trac (Wash, D O )__ 100 107
Carolina Power & Light pref. 100 10734
Central Ariz L & Pow com ___ 100
Preferred___ __ _________ 100
95
Cent Arkan R y & L Corp pref 100 101
Cent Crosst R R — See i f Y Rys
Central Ga Power com . _ . 100
90
Cent Hudson Gas & Elec new vv i d ___
Central Illinois Light 6% Df--100
Cent 111 Pub Serv ~pref__ (no par) d 89
Cent Indiana Power 7% pref. 100
88%
Cent Miss Val Elec Prop pref. 100
80
Cefit P k N & E R R — See N Y Rys
Central Pow & Light 7% pref. 100 10134
Central States Elec Corp___ (t) d 18
Preferred______ ________ 100
94
Ches & Poto Tele of Balt pref. 100
Chic Aur & Elg Corp v t c . . _(t) d ____
Chic City & Con com part ctfs. (t) d
%
Pref partle ctfs________ (no par) d 6
Chicago City R y ___________ 100
51
Chic No Sh & Milw com _____100
34
Common v t c ________ ____ 100
Preferred
. . _______
.100
69
Prior lien stock .
__
..1 00 100
Chicago Rys partic ctf s aeries 1.
34
Series 3______________________
Series 4 _____________________
Chicago Rapid Transit Co—
]i
Voting tr ctfs for com stock__
103
99
Chicago Sub Gas & E lectric..100
Preferred_________________ 100
Chris & 10th Sts R R — See N Y Rys
Cincinnati Car Co _________ (f) d 22
Cincinnati Gas & Electric____100
94
Cincinnati Gas T r a n s p _____100
112
Cine New & Cov Lt & T rac. _ 100
91
Preferred . .
. _________ 100
71
Cincinnati Street R y _________ 50 d 3834
Cincin & Suburb Bell Telep__ 50 d 95
Cities Service com ____________ 20 d 5834
Preferred ________________ 100
9134
Preferred B . ____________ 10 d 834
Preferred B B _______ __ 100
84%
Cities Service Bankers shares (t) d 2934
Citizens Gas (Indianap) com 25 d 49%
Preferred__ _____ ____ __ 100 n 10634
Citizens' Pass R y— See Phlla R T
Citizens Traction— See Phlla Co
City Pass Ry— See Reading Tr
City Ry (Dayton, Ohio)_____100
50
Preferred _ . ______________100
70
Cleve Elec Ilium common___ 100 30234
6% preferred . . _________ 100 10834
Cleve Painesv & Eastern R R .100
Cleveland R a ilw a y .._______ 100
99%
Coast Co Gas & El 1st pref__ 100
9434
2d preferred. ___________ 100
Colorado Power pref
.
.100
95
Columbia G & El new corp com (f) d 8534
Preferred
______
.100 10034
Columbia Gas & Elec____(no par) d
Preferred _______ _________ 100
Columbia (SC) R y G & El pref. 100
94
Columbus (Ga) El & Pr com _.(t) d 6 6 %
Preferred _ ._ _________ 100 107
Columbus Ry P & L c o m _____(t) d 70
First preferred____________ 100
99%
Preferred B _______ ______ 100
9734
Commercial Union Teleg (gu)_25 d 2 0
Commonwealth-Edison C o__ 100 141
Commonwealth Pr Corp. (no par) d 46%
Preferred ___________ ____ 100
93
Community P & L 1st p f 7 % . . 100 100
2nd pref 8 % ____
-.100 x 100
Coney Island & Bklyn R R __ 100
81
Connecticut Elec Serv p f ___ (t) d 68
Connecticut Ltg & Pr 7% pf_-100 112
8% preferred______________100 118
634% p referred_______ __ 100 104
Connecticut Power__________ 100 335
Preferred__________ ______ 100 105
Connecticut Ry & Lighting__ lOO
69
Preferred __ _____________100
69
Cons Gas E L & P (Balt).(no par) d 5034
8% pref series A _____ ..lOO
7% pref series B .
____100 11434
634 % cum pref series O ____100 1 1 1 %
6% cum pref series D ______ 100 107%

Ask.

Stocks.

Pat

Bid.

Ask.

Consolidated Gas (N Y )— See und er N Y Ciy
____
Consol Power & Ltg pref (7% ) 10C 109
Cons Trac o f N J— See P S Corr
24
25
Consol Water (Utica) Cl A ..10C
7% preferred______ . . __ 10C 105
Cons Trac (Pittsb)— See Phila Cc
177
Consumers Gas (Toronto)___ 50X 17oJ4
102
Consumers Pr (Maine) pf 6% 10C 101
105
106
Continental Gas & Elec c o m ., (t) d 215
7% prior preferred._______ 10C
10234 10334
6% preferred____________ IOC 105
10534
Continen Pass Rv— See Phila R T
97
Cumberland Co(M e)P & Lt pf 10C d -----Dallas Power & Light 7% pref 10C 106
107)4
Dayton Power & Light p r e f _10C
10134 103
____
—
14634 Dayton & Western,"common... 10C
___
___
107
P referred _____ ______ ____ 10C
____
____
100
Denver Tramway (new) c o m ..
30
32
10634
97 34
Derry (N H) Elec Co 7% pref. 100
88
Detroit Edison______________100 137)4 13834
2
Detroit United R y ______ ____ 100 r
25
30
116
Duluth-Superior Trac C o____10C
40
Preferred . . .
_ _ . . 10C
35
11934 Duquesne Light— See Phila Co—
107
Eastern Conn Pow 7% 1st pf 100 105
29
52
30
Eastern Mass St Ry c o m ___100
65
67
First preferred stamped . 100
534
62
Preferred B s t o c k ________ 10C
15234
6034
44
69
Adjustment stock_________ 10C
44'4
89
Eastern N J Power 8% pref__ 10C 105
107
9234 Eastern Shore G & El 8% pf 25 d 26
Eastern States Pow Corp com _f d 12
15
28
Pref without warrants _ .
. t d 95
96
26
Eastern Texas Elec Co new__ (t) d 90
108
104
Preferred____ __ _________ 100 106
___
East Bay Water (San Fr) com 100
180
Preferred A _______________100
9734
9734
Preferred B . . __________ 100 109
80
East Read’g El— See Read'g Trac
225
Edison Elec Ilium (Boston) 100 224
65
Edison Elec Ilium (B rock ton )_
6334
50
(Eighth Ave R R — See N Y Rys
____
10734 Electrical Securities, pref____100
108
Electric Bond & Share’ pref__ 100 , 107 34 10734
Elec Bond & Share Sec Corn __(t) d 70%
71
Electric Investors—
35
Com without war_________ (t) d 34%
$6 preferred_______________(t) d 93
94
100
106
$7 p referred ______________(t) d 104
Elec Power & Ltg tern ctfs____(t) d 18
1834
Allot ctfs for p f stk 40% pd__ d 10534 10734
d 106
Allot ctfs for pref full p a id ..
110
8934
9934
Preferred temp c t f ________ (t) d 99
90
Electric Ry Securities __(no par) d 634
85
634
Eiec Storage Batt— See Ind & M isc Cos
10234 Elizabethtown Consol Gas ..1 0 0 100
Eliz & Tren R R — See Pub S Corp
20
94% Elmira W, L & R R 1st p f v t c 100 101
s 116
El Paso Elec Co (Del)___(no par) d 100
108
Preferred series A ________ 100 106
108
Preferred series B _________ 100 106
34
69
71
634 Empire & Bay State Teleg___ 100
90
Empire District Elec p r e f __ 100
___
35
Empire Gas & Fuel Co pf 8 % . 100
103 34
d
____
Empire Power Corp partic stk .(t)
89
$6 preferred ___________
(+)
70
91 34
Engineers Pub Serv com ______ (f) d 23%
23%
5
Preferred ($7)______________(f) d 98 34
99
d ____
1
d ___
1
142
143
34 Essex & Hudson G a s __ __.Il00
Fairm’t Pk & Hadd Pass R y— See Phila R T
12
Fall River Elec Light C o__ ___25 d 4634
4734
Fall River Gas W o r k s _______ 25 d 59
104
61
Federal Light & Tr c o m ______15 d 4334
101
4334
Preferred ( $ 6 ) ____________ (t) d 93
9334
Florida Power & Lt $7 pref
(t) 10034 101 34
Ft Worth Pow & Lt 7% p r e f ..100 108
109
42
2234 Franklin Telegraph (g u a r )__ 100
94% Galveston-Houston Elec C o .. 100
26
28
75
114
Preferred_____________ ____ 100
78
90
92
Gas & Elec of Bergen County. 100
73
Gas & Electric Securities____100 270
85
Preferred______ ___________100
39
Gen Gas & Elec (Del) com A _(t) d 4634
97
4634
Common class B . _ ______ (f) d 4234
5934
4334
Preferred class A 7 % ______ (t) d 101
107
9234
Preferred class A 8 % ______ (f) d 114
117
Preferred class B 7 % ______ (t) d 97
99
General Pub Serv com ______ (f) d 1234
1334
$7 preferred . ___________ (+) d 106
108
51
$6 first preferred
..
(t) d 96
98
Georgia Lt Pow & Rys com . .100
90
Preferred . . .
_________ 100
95
Georgia Power $6 pf w i. _____
d 9134
9234
Georgia Ry & El co stmpd__ 100 137
55
140
Georgia Ry & Pr pf cum 7 % . 100 10634 107
75
First pref cum 8 % ________ 100 121
122
109
Gold & Stock Teleg (guar) ..1 00 11734 119
Grand Rapids Ry p r e f _____100
10
15
Great Western Power 7 % pref 100
100
____
6% preferred.
Hackensack Water________ ..2 5 ' d 20
100
Preferred
______________ 25 d 26
Preferred class A __________ 25 d _ . .
85
101
Harrisburg Lt & Power p ref.. .5 0 ,d . . .
Hartford Electric Liaht . . 100 340
345
City Gas Light com .2 5 \d 82
84
. Hartford
Preferred. . _________ ____ 25,d 53
Havana Elec R y com receipts
t d 25
68
2534
Preferred aliotme at certifs - -100 d 94
109
95
Havana Elec & Utilities _______ t. d ____
1st preferred .
___
_ . _t! d ____
100
98
Haverhill Elec Light_________ 25 d 50
23
Helena Light & Ry com _________
P referred _______ ________ 100
14134
47
Holyoke Water P o w e r ._____100 490
510
97
9334 Houston Gas & Fuel pref___ ..100
Hudson County Gas_________ 100 142
102
143
Idaho Power 7% pref________ 100 103 34 104
Illinois North Utilities pref ..1 0 0
92
Illinois Power & Light 7% p f. .100 10034 101
69
Illinois Traction com ________ 100|
114
Preferred______ __________ 100 r 9834
120
Ilium & Power Securities_____100
106
55
Preferred_________________ 100
92
345
96
Indiana Service Corp com ____100 130
108
Preferred_________________ 100
88
71
Indianapolis Gas______________50 d 59
71
60
98
5134 Indianap Pow & Lt 6% p re f.. 100
100
Indianap & Southeast Tr p f_100
128
40
11534 Indianapolis Street Ry C o____100
3934
Indianap W W Sec pref______ 100
112
100
interboro R T vot trust c tfs ..100
4934
50
Internat Ocean Teleg (gu ar).. 100 105
international Ry v t c _______ 100
26
28
International Telep & Teleg_100 12934 12934
734
103
4034
5234
90
97
103
106
66
32
60
127

a Purchaser also pays accrued dividend, d Price per share, not per cent, t New stock, h Ex-stock dividend, k Last sale. I In London. nINomina
r Canadian price, s Sale price, u Ex-warrants, v Old Stock, w Ex-cash and stock dlvs. x Ex-div. u Ex-rights, t Without par vabv,.




4:2

PUBLIC UTILITY STOCKS
S to c k s .

Par.

Bid.

Ask.

International Utilities A ____ (t) d 32
Class B ___________________ (t) d 35*
Interstate Public Serv, pr llen-100
9852
Iowa Southern Util, 7% pref-.lOO
985*
22
Jacksonville Traction, com __ 100
70
Preferred__________________ 100
99
Jersey Cent Pow & Lt pref__ 100
Kan City Pow & Lt 1st pf ser A (t) d 112
100
Kansas Elec Pow 7% pref___ 100
Kansas Gas & Elec 7% pref. .100 1035*
Kentucky Securities Corp____ 100 100
84
Preferred (6 % ) ____________100
Kentucky Utilities, pref______ 100
955*
Keystone Telephone___________50 d 45*
Preferred___________________ 50
17”
Key System Transit, p re f..
Prior preferred_______________
475*
Knoxville Pow & Light. pref_-100 1065*
Laclede Gas Light___________100 x85
Preferred__________________ 100 1115*
Lake Shore Electric, com ____100
First preferred_____________ 100
Second preferred___________100
Laurentide Power____________100 r ___
Lehigh Power Securities, (no par) d 175*
Lehigh Valley Transit, com____50 d 26
Preferred___________________ 50 d 481*
Lone Star Gas________________ 25 d 445*
Long Island Lighting com ____(t) d 140
7% preferred______________ 100 1075*
Los Angeles G & E Corp, pref. 100
995*
Louisv Gas & Elec com cl A__(|) d 26
Louisville Railway C o_______ 100
Preferred-_________________100
Lowell Electric Light_________ 25 d 68
Lowell Gas___________________ 25 d 78
Mackay Companies_________ 100 1265*
1 \A
Preferred__________________ 100
Manitoba Power C o_____(no par) dr 56
88
Manhattan Elev R y (N Y )__ 100
Modified guarantee_______ 100
52 A
Manila Electric Corp____(no par) d 40
Marion (O) Water, c o m ., (no par)
5
Market St R y (San Francisco). 100
18
Preferred__________________ 100
425*
Prior preferred____________ 100
12
Second preferred___________100
87
Massachusetts Gas Cos______ 100
735*
Preferred__________________ 100
Massachusetts Ltg Cos, c o m .-(t ) d 75
95
6% preferred______________ 100
8% preferred______________ 100 115
Memphis Pow & Lt, 7% pf.no par d 108
d 95

33
4
101
100
100
114
1045*
87
975*
5
50
107 5*
188
115
1145*
18
44 A
144
1085*
100 *
265*
3b
62
69)*
79
1275*
72
90
54
46
‘ 55*
26
425*
14
87 5s
75
77
100
120
108 5*
96

d 1C8
d 101 %
120
102
975*
107
28%
104 54
62
96
90
d 245*
d'J101
d 95 5*
d 38

1085*
11 8
1205*

Midland Utilities prior lien. ..1 0 0
Preferred class A ___________100
Milwaukee Gas Light 7% pref 100
Mtlw Elec R y & Lt, 6% p r e f ..100
Minnesota Pow & Lt 7% pf--100
Mississippi River Power____.100
Preferred__________________ 100
Mobile Electric, pref________ 100
Mohawk-Hudson Power c o m .(t)
First preferred_____________ (
Second preferred___________(
Mohawk Valley C o___________ (
Monongahela L & P— See PhilaCo
Monongahela St Ry— See PhilaCo
Monon-West Penn P S 7% pf.25 d 245*
Montana Power_____________ (00 \ 87
Preferred__________________ 100 120
Montreal L H & Pow, c o m ..(f) idr 74%
Preferred__________________ 50
r 50 A
r 176
Debenture 5 % stock__ 111. _
r 178
d IS
99
130
Mountain States Tel & Tel.
d 24

99
108
1055*
66
98
25

I 02
97
385*
94 16
87%
122

745*
....
—
102
133
265*

d 24
95%
24
70
d 215*
d 104
a 21
Class B common
d 155*
113
Preferred series A __
95
Nebraska Power, pref.
1065*
■JO
Preferred.
95
905*
d 84
New Eng Pub Serv pr lien pref__ V lo o
x 96
$7 preferred____________
New Eng Power Assn, com .
88%
Preferred______________
103
119
New Haven Water.
d 86
103
114
Newp N & Hamp Ry, G & E
Preferred__________
114
N Y Cent Elec Corp 7% pf ” 1166 1025*
New York City— Consol G as.(t) d 99%
d 4
Rights, expire Mar 17__
Preferred_______________
d 555*
Pref rights, expire Mar 17
d
%

National Elec Pow cl A .
7% preferred________

to 2d payment_______
N Y Rys Corp pref tr ctf.
New York Railways____

245*
215*
1045*
22
165*
115
97
1075*
25
97
85
97
895*
120
87 5*
104
104
100
45*
565*

d 99
d 14

15

30 5*
B ’way & 7th Ave guar.
15
13
4
126
4
Sixth Avenue. _____J
37
16
Twenty-third Sj guar.
18
Preferred_______________
41
New York Steam 7% pref ser A . (t) d 106
$6 dividend pref___________ (t) d 94
—
N Y Telephone 65* % pref.
s
Niagara Falls Power, com ..
d 285*
id . ._
7% preferred.
1135*
\d 33
\d 50 5*
d 50%

d

Is
6
6
39
19
22
45
11354
285*
114
50 5*
51

Par.

S to c k a .

[V ol. 124.

Bid.

S to c k s .

Par

Bid.

North Amer Edison pref_____(t)jd 675*
Rochester G & E 7% pref____100
£8
1C6
Nor Amer Utility Sec—
6 % Dreferred______________ l 60
1025*
Allot ctf 1st pref full p a id .. 100 da: 93
5c.
Roch & Syracuse R R com ____160
Allot ctf 1st pref 50% paid.100 clx 455*
Preferred_________________ 100
465*
54
North Boston Ltg Prop com _(t) d 102
104
St Jos R y, Lt & Pow, pref____100
71
Preferred_________________ 106 109 A
111 St Louis Pub Serv___________(t) d . . . .
Nor Indiana Pub Ser 6 % pf--100
91
935* San Joaquin Light & P ow er.. 106
50
Northern N Y Util pref______ 100 105
107
Preferred A 7 % ____________100 105
Northern Ohio Power_______ (t) s 12 A
125*
Prior preferred_________ ..1 0 0 1085 *
Nor Ohio Pow & Lt 6 % pref.,106 d 80
Savannah El & Pow deb stk_100 1 1 2
Nor Ontario Lt & Pow com __ 166
74
6 % preferred
83
Preferred_________________ 106
88
90
Scioto Val Ry & Pow, c o m ..100
6
Northern States Power______ 16 6 113
113V*
First preferred_____________ 166
58
Preferred__ _______ :______166 1025* 1035*
Preferred_________________ 166
27
Northern Tex Elec Co com __ 166
35
385* Shawinigan Water & Power . . ( t ) r 685*
Preferred_________________ l 66
70
73
Sierra Pacific Elec Co com ____166
265*
Northwest Electric__________ 106
Preferred_________________ 106
90
Preferred 7 % .____________ 100 1025*
Sioux City Gas & El 7% p f--100 1015*
Northwestern Teleg (guar)__ 50 d 50
52
72
Somerset Un & Middlesex Lt.100
Ohio Bell Telep pref_________ 106 1115* 1125* Southeast G & El 7% pfd____100
Ohio Gas & Electric pref_____ l 66 100
Southeastern Pr & Lt c o m .-(t) d 305*
Ohio Oil & Gas________________ 5 d ____
(t
Preferred ( $ 7 ) _____________ (t)
1025*
Ohio Power 6 % pref_________ 100
975*
£85* South Calif Edison new com __ 25 d 34
Ohio Public Serv pref A (7% ).100
1045* 105 A
6 % preferred new__________ 25 d 24 A
Ohio River Edison 7 % pref___100 1045* 1055*
7 % preferred new__________ 25 d 27%
Oklahoma Natural Gas_______ 25 d ___
8 % preferred_______________ 25 d 36
Certificates of deposit___
d 215*
Southern Canada Power_____ 100 r 875*
4
Omaha & Council Bluffs_____100
6
Preferred_________________ lOO r 1005*
30
Preferred_________________ 166
26
Southern Cities Utilities com_106
26
Ottawa & Hull Pow Ltd____ (t) r 28
32
82
Preferred__________________166
Preferred__________________ 106 r 97
£95* Southern Col Pow com A ______ 25 d 265*
Ottawa Light Heat & Pow__ 100 r 100
101
98
Preferred_________________ 100
Preferred_________________ 100 r 104 A
South & Atlan Teleg (guar)____ 25 d 22
Ottawa Traction_____________ l60 r 65
98
665* Southern Gas & Pow 7% pref
Pacific & Atlantic Tel (gu)__ 25 d 18
19
Class A stock______________ ft) d 2 1 %
Pacific Gas & Electric new___25 d 32
321* Southern Indiana G & E 6 % pref.
90
%
Rights expire Mar 1 __________ ds
5* Southern New Eng Telep____ 100 157
First preferred____________ 25 dt 2454
245* So Jer G El & Tr— See P S Corp
Pacific Lighting Corp_______ 100 3115* 320
Southwestern Bell Telep pref. 100 116
9854
Preferred (6 % )____________l60
99
Southwestern Gas & El 7% pf.100
92 5*
87
Preferred ( 5 % ) ___________ 100
Southwestern Lt & Pr com A __(t) d 63
103
Pacific Pow & Lt 7% pref____ 160
Common class B ___________(+) d 69
Pacific Telep & Teleg________ 106 134
I Preferred___________________ (t) d 85
136
Preferred_________________ 106 111
Southwestern Pow & L pref. .166 105
Paterson & Passaic Gas & E l. 100
90
Southwest Missouri R R ______ 166
__
Pawtucket Gas pref_________ 166
83 5*
85
Springfield (Mass.) G L C o___25 d 59
Peninsular Telep Co com _____100 132
Springf (Mass) St R y Cos pf__100
60
138
Springfield (M o) Ry & L, pref__ I 106
Preferred_________________ 166 103
105
Penn Central Lt & Pow pref_(t) d 725*
735* Spring Valley Water__________100 1035*
Penn-Ohio Edison new__________ d 275*
285* Standard Gas & Elec com (no par) d 565*
99
7 % prior pref_________________
100
I 7% cum prior pref_________106
1 C6
d 115*
115* i 8 % cum preferred___________ 56 d 585*
98
Penn-Ohio Elec Co pref______166
Standard Pr & Lt Corp pref__(t) d 98
100
Penn-Ohio Pow & Lt 8 % pref. 166 110
Staten Island Edison c o m v t c ( f ) d ____
7% preferred______________ 100 101
102 ” i $6 first preferred___________ (t) d 1005*
Sub R T St Ry—-See Phila Co I
Pennsylvania Gas & El 7% p f l60
935*
95
Superior Water L & P com ___100
____
Pennsylvania Pow & Lt p re f-.(t) d 1 C8
109
Pennsylvania Water & Pow__100 179
182
Preferred_________________ 16 6
__
People’s G L & O (Chic)_____100
1305* 1315*' Tampa Elec Co new stock____ (t) d 58 5*
Phila Co (Pittsburgh)________ 50 d 90
93
:Tennessee El Pow 1st p f (7% ) 106 1055*
5% non-cum preferred______ 50 d 415*
94
425* ! 1st preferred (6 % )_________ 100
6 % cum preferred__________ 56 d 515*
2
Terre Haute Ind & East______ 100
53
1 Preferred__________________ 166
Allegheny Traction_________ 56 d 20
22
25
Citizens Traction__________ 56 d 37
!Terre Haute Tr & Lt pref____l 6 6 n 885*
30” iTex-Louisiana Pow 7% p re f..l6 0
Consolidated Trac pref_____50 d 25
91
Duquesne Light 1st pref__ 106
Texas Power & Light 7% pref. 100 107
1145* 116
Federal St & Pleasant Val__ 25
Third Avenue R y (N Y ) _____ 100
395*
15
125*
47
Monongahela Lt & Pr______ 50
Tidewater Power 8 % pref____ 100 106
50
23
Monongahela St R y ________ 56
7% preferred______________100
965*
Pittsburgh & B ’ham T r_____ 56
25
Toledo-Edlson prior pref(8% )100 1145*
24
Sub Rap Tran St R y _______ 56
Preferred A (7 % )_________ 100 107
Tri-City Ry & Light p r6 f.__.l60
United Traction pref_______ 56
94
Philadelphia Electric________ 25 d 475*
475* Tri-State Telep & Teleg_______ 1 6 d 8
Warrants_____________________d 11%
Preferred__________________ 10 d 95*
12
Philadelphia Rapid Transit__ 50 d 5^5*
Troy (N Y ) Gas________ (no par) d 80
53
Citizens Passenger guar_____56 d 185
Turners Falls Pow & Elec____ 10 6
187
200
Continen Pass Ry ($29 pd)._50 d 70
!23d Street— See N Y Railways
Fairm’t Pk & Hadding’n ___ 50 d
64
* 355* Twin City Rapid Transit_____ 10(
1 Preferred__________________ 10(
Frandf’d & Southwark Pass. 56 d 240
101
250
Germantown Passenger_____ 56 d 70
Union St Ry (NewBed,Mass).l(M
75
Union Trac of Ind common__ 10(
Green & Coates Sts ($15 pd).56 i 60
65
26
Hestonville M & F com _____50 d 20
First preferred_____________ 10C
Second preferred___________l 6 (
Preferred________________ 56 d
* 35
111)
Un El L (Springfield,Mass.).100 470
Phila Pass Ry ($225* pd—)._5 0 d 100
Phila & Darby Pass R y _____50 d 18
United Elec Ry (Providence).10C
22
57
57
United Elec Secur pref_______ 10(
Phil & Gray’s Fy ($25 p d )__ 50 d 50
98%
Philadelphia Traction______50 d 59
•
r95* United Gas & Elec pref______ 100
k 17b
71
Ridge Ave Pass ($28 p d )____56 d
United Gas & El of NJ 5% pf.100
90
2d & 3d Sts R y guar________ 50 d
* 1675* United Gas Improvement new. 56
89
13th & 15th Sts Pass R y ____50 d 160
United 111 Co of New H aven ., (t)
170
110
13
Union Pass ($30 5-6 p d )____50 d 100
United Lt & Pr com A ___ (no par)
Union Traction ($17A p d )_.5 0 d 375*
Common Class B ____ino par.)
16
38
West Phila Pass guar_______ 56 d
Preferred Class A ____(no par)
91
Phila & Western R y com ______ 50 d 145*
Preferred Class B ____ (no par)
15~
515*
37
United Rys & El (Balt) com __ 50
20
Preferred__________________ 56 d 36
44
United Rys Investment C o__ 100
47
Piedmont & Northern R y ___ 106
Preferred_________________ 100
Pittsb & Birm Tr— See Phila Co
United Utilities______________ 100
30
Pittsburgh Utilities 7% pref___ 10 d 16
Pref vot tr ctfs__________________ 10 d16
Preferred_________________ 166
95
U S & Foreign Sec Corp—
Preferred, new________________ 16 d
d
87%
Allot ctf 1st p f full p d ________
Portland (Me) Gas Light________56d 80
28
Allot ctf 1st pf 75% p d _______ dx 81 5*
Portland Elec Power com ____ 100
30
Utah Power & Light pref_____100
£9
105
975*
Prior preferred____________100
Utica Gas & Electric pr6f ____100 1045*
1 st preferred______________ 100
83
815*
68
Utilities Power & Lt Cl A (no par) d 30 ‘4
72
2 d preferred_______________ 160
Class B ______________ (no par) ds 145*
Porto Rico Rys Ltd_________ 106 r 695*
Preferred_________________ 106
Utility Shares Corp com.(n o par) d 10
Potomac Elec Pow pref______ 100 x 1085*
Common stock option________ d 2
Power Corp of N Y com ______(t) d 40
Participating pref_____(no par) d ____
Virginia Elec & Pow 7% prer.100 1055*
Power Securities com ____(no par) d 5
9
95
31
6 % preferred______________ 106
Second preferred______ (no par) d 27
Providence Gas_______________ 56 d 85
Virginia Pub Serv 7 % pref____100
97
87
Wash Bait & Annapolis_______ 56 d 10
102
Public Service of Colo pref___100 100
97
Preferred__________________ 56 d 20
Public Serv. Co. of N.H. $7 p i.(t) d ‘>5
Public Serv Corp of N J ..(n o par) d 3554
355* Washington (D O) Gas_______ 26 d 107
Wash (D C) Ry & El com ____100 x 205
8 % preferred______________ 106
1265*
1105* Preferred_________________ 160 x 91
7% preferred______________ 106 n o
100
Washington Water Pow C o__ l 66
138
6 % preferred______________ 100
101
39
Western Power Corp________ 106
41
Consolidated Trac of N J..100
Preferred_________________ 166 1005*
Rapid Transit St Ry C o__ 100j 115
So Jersey Gas & Elec Trac.-lOOj 142
16
143” Western States Gaa & Elec__ 100
Preferred_________________ 106
95
Pub Serv El & G 6 % pref____ lOO! 1025* 104
Public Serv Elec Pow pref___ 100| 114 5* 1155* Western Union Telegraph____l 66
151
West’h’se El&Mfg— See und Mlsc
Public Service Co of Nor IU__(t)'d 134
i: 6
6 % preferred______________ 100
103
1035* West Penn Elec Co Class A . , (t) d 101 5*
7% preferred______________ 100 115
7% preferred______________ 10 6 1065*
1155*
30
Puget Sound Power & L igh t._lOO;
29
113
West Penn Power 7% pref__ 160
6 % preferred______________ 100
84
6 % preferred______________ 100
102 5*
86
7% preferred______________100!a 1055* 1075* West Virginia Utilities pref____50 d 49%
Winnipeg Electric C o________ 100 r 63
Quebec Power com __________ 10 0/ 226
227
Preferred_________________ 106 r
______
Preferred_________________ 166 r 1035*
Queensboro Gas & Elec 8 % p f. 100 j 108
99
109” Wisconsin Power & Light pref____
Rap Tran St Ry— See P 8 Corp j
Wisconsin Pub Ser Corp pref. 100 101
Reading Traction_____________50 d 22
Wisconsin Telep 7% pref_____ 100
24
1105*
City Passenger R y _________ 50 d 97
100 Worcester Elec Light C o_____25:* 150
East Reading Electric R y ___50 d 62
Worcester Gas Light_________ 25 d
65
50
Reading Transit Co class B pf__50!d 40
York (Pa) Railways com m on ..50 d
P rp fflrp fiH
Kft /f
Republic Ry & Light com ____100 123
125
Preferred_________________ l60| 120
Youngstown & Ohio Riv RR.iOOi
Rhode Isl Pub Serv pref_____ (a) d
____ 30”
Preferred ________________ l 6 6 |

t

h

k

•Purchaser also pays accrued dividend,
Price per share, not per cent,
N ew stock,
E x-stock dividend,
Last sale. 1 In L ondon ,
r Canadian price
s Sale price. I N ew stock, u Ex-warrants.
»Old stock. * Ex-dividend- v Ex-rights, t Without par value.




Ask.
108
103
15c.
1

73
185*
115
85
62
295*
69
27 5*
925*
101
305*
1035*
345*
25
285*
38
l6i ”
29
84
265*
24”
100
22 5*
92
159
117
955*
87
1055*
62
65
56 J*
106 5*
595*
100

1015*
60
1(6
95
3
25
96”
1C9
40
108
98
117
108
100
10

10

82
1£0
645*
102

86

1

10
2

485

995*
73
905*
91
135*
18
92
525*
2054

88

82
1C6
107
305*
14 5*
1 0 1*

25*

100

15

21

1075*
215
915*
140
102 ”

17
975*
152
1025*
107
1135*
103
505*
64
10 1”

103

152”
54
5§"

n N om in al,

INDUSTRIAL AND MISCELLANEOUS SECURITIES)
Under the heading "Industrial and Miscellaneous Securities” we include all issued which do not appear under the previous two headings, namely
Railroad (Steam)” and “ Public Utilities."
In the case of stocks, however, we put "Textile Manufacturing,” “ Insurance,” “ Mining,” “ RealEstate
and Land.” “ Title Guarantee and Safe Deposit Companies” under separate heads, then follow with the rest of the “ Industrial and Miscellaneous.”

NOTICE.—All bond prices are “and interest” except where marked
B onds.

Bid.

Ask.

IN D U S T R IA L & M IS C E LLA N E OU S B ONDS

Abitibi Pow & Paper 6 s 1940 J&J2
Adams Exp coll tr g 4s ’48-M&S
Coll tr g 4s 1 9 4 7 - - .........J&D
Ajax Rubber s f 8 s 1936____J&D
Alabama Cons Coal & Iron—
1st cons M 5s 1933-- . M&N
Ala Steel & Shipbldg— See Tenn
Alaska Gold Mines deb 6s’25M&S
Deb 6 s 1926 ser B . _____M&S
Allied Packers deb 6 s 1939..J&J
1st M & coll tr 8 s 1939____J&J
Alpine Montan Steel Corp—
1st s f 7s 1955 ______ ...M & S
Aluminum Co deb 7s 19 33..A & 0
American Agric Chemical—
1st ref s f 7 % s 1941______ F&A
American Beet Sugar Co—
Conv s f deb 6 s 1935_____F&A
Amer Chain deb 6 s 1933__ A&O
Amer Cot Oil g 5s 1931 opt M&N
American Ice Securities—
American Ice Co — R E 1st &
gen s f 6 s ’42 opt '13___E&A
Am Mach & Pdy s f 6 s 1939. A&O
Am Republic Corp 6 s '3 7 .-A&O
Amer Rolling Mill 6 s 1938..J&J
Amer Smelt & Ref 5s 1947.-A&O
1st M 6 s 1947 series B __ A&O
Amer Sugar Refg 6 s 1937___J&J
Amer Thread 6 s 1928
_ J&D
Amer Type Fdrs deb g 6 s '37.M&N
Deb gold 6 s 1939._. ..M & N
Deb gold 6 s 1940 . .
A&O
Amer Writ Paper s f 7-6s ’39 J&J
Temp interchangeable ctf dep.
Anaconda Copper Mining—
1st con 6 s 1953 series A ..F & A
Conv deb 7s 1938.. .
F&A
6 % gold bonds 1929 ser A . J&J

/

103%
89%
84%
106

105
8914
85 %
10634

94
97
C, 1 & RR
3%
3%
f
3%
3%
)
54
57
s 6734
94 Vs
10534

9534
10534

104

10434

95

96
10334
96

102 Vs
9b %

103%
104
99 %
103%
101 %
108
104J4

10314
104%
9914
104
10134
10834
104 34
s 10134
103
10434
10314 104 ‘4
104% 104%
f 59
6034
/ 6034
6034
104
104 34
107 % 1C8
10214
102 34
A n d e r s o n -T u lle y C o 6s 1935
9834 100
Andes Cop M in deb 7a 1943.J&J 107% 1C8
Andian National Corp Ltd—
1st M s f 6 s 1940_________M&S
Without warrant
102
Anglo-Chilean Cons Nitrate—
87
Deb 7s (& stk sub rts)’45.M&N
87%
96
Astilla Sugar 734s 1939 A ...J & J
9634
Armour & Co o f Delaware—
1st M 5%a 1943 ser A ___ J&J
94 Vs
95
Armour & Co — Real estate 1st
92%
gold 4 % s 1939 o p t . . __ J&D
9234
Associated Oil 6 % notes ’35.M & S 1 0 2 % 10234
Associated Simmons Hardw Cos
____ s 93
6 % % gold notes 1933____J&J
Atl Fruit & SS deb 7s '3 4 .-J&D
1 15 34
Ctfs dep stud stk instead of bds f 17%
24
Atl Gulf & W Indies SS Lines—
73
Coll tr g 5s Jan 1 1959 __ J&J
73 34
Atlantic Refin deb 5s 1937..J&J ICO 34 10134
Baldwin Locomotive Works—
1st s f 5s 1940 opt aft ’ 15-M&N 106% 108
Baragua Sugar (Comp Azucarera
Baraqua) 7%a 1937____J&J 15 10(34
100%
Barnsdall Corp deb 6 s 1940 J&J15 10618
92%
92%
Without warrants
__
Beacon Oil d eb 6s 1936
M&N 102
102 34
____ s 9714
Beaver Board Cos 8s 1933 _J&J
95
Beech Creek C & O 5s ’44..J & D
16
Beld’g-Hem’way 6 % notes’36 J&J
£6 34
Bethlehem Steel Corporation—
98%
Cons s f 5 % s 1953 ser B ..F & A
9834
Cons mtge 6 s Aug 1948--F&A 10134 102 34
Cons mtge 6 s 1948 ser A . F&A 101 % 10234
90% 100
Secured 5% notes 1929 J&D15
99% 100
Secured 5% notes 1930 J&D15
97%
Secured 5% notes 1931 J&D15
1834
97
38
Secured 5% notes 1932. J&D15
117
Beth St pur m 6 s Aug '98.Q -F
118
Beth St 1st 1 & ref 5s '42 M&N 100 % 101 34
99%
Purch money 5s 1936__ J&J
9914
101
Penn-Mary Steel 5s 1937.J&J ICO
19
100
Bloedel-Donovan L u m b M 6 s ’28
Booth Fisheries s f 6 s 1926 A&O 102
95%
96%
Borden Mills 1st s f 6 s 1 9 3 4 ..F&A
89
90
87%
Botany C on sol M ills 6 J^s '3 4 A & O
8834
Brier Hill Steel 534 s 1942 A&O 10334 104
99
Brown Co 1st 5 % s 1946. . A&O
100
Brunswlck-Balke-Collender Co—
6 % serial notes 1928-29.
J&J 100
92
93
Buffalo & Susq Iron 5s 1932 J&D
9014
Bush Term 1st 4s 1952_____A&O
9134
!6 %
Cons g 5s Jan 1955.
.. .J&J
9634
Bush T e r m B ld g s 1st 5s ’ 6 0 .A & O
ICO
10034
By-Products Coke Corp—
101
102
1st M 5 H s 1945 ser A ...M & N
98 %
Cady Lumber 6 %s 1939
M&N
98 34
103% 10314
Calif Petroleum 634s 1933..A & 0
10 1
101 34
Conv d eb 534 s 1938___ „M&N
Conv s f deb 5s 1939
. F&A
9034
Oamaguey Sugar 7s ’4 2 ..A & 0 15
99
9934
Canada Cement 1st 6 s ’29 op A&O r 101 % 102
Canada SS L deb 5s ’43 F&A15 r 99%
9934
1st & gen m 6s 1941 ser A . A&O
97%
98 y?.
Canadian Car & Fdy Co, Ltd—
1st s f gold 6 s 1939
__ J&D
103 34
Canad Cons Rub 6 s 1946 A&O r 10234
Canadian Cottons 5s 1940. J&J2 r 97 34
Central Foundry May 1931 F&A
96%
9614
Cent Hud St’boat 5s Apr '33 A&O
Central Leather 1st s f 6 s ’45 J&J 10114 1 0 2 %
Central Steel 1st 8 s 1941.-M &N 11SM
11934
Cespedes Sugar 1st 7 % s ’39.M&S
9814
9934
Charcoal Iron o f Am 8 s ’31 M&N f 42
46
Ohic Jet coll tr ref g 4s '4 0 .-A&O
90
Coll trust ref 5s 1940 ..A & O
10014 10134
Clearfield Bit Coal 4s 1940.-J&J
Clyde SS 1st 5s 1931 opt ..F & A
9834 100 94
98 34
Col Fuel & Iron s f 5s 1943..F & A
9734
Colo Indus 1st 5s A & B ’34 . F&A
96
9634
Comm’l Credit 6 s 1934___ M&N
96 34
9614
Coll tr s f 514s 1 9 3 5 .____J&J
9114
92 34
b Basis,

This price Includes accrued Interest,




1

B onds.

Bid.

“ t”

and income and defaulted bonds.
B onds.

Ask.

Bid.

Ask.

Commercial Invest Trust Corp—
Independent Brewing 6 s ’ 55 J&J
75
5% gold notes 1928______ iVf&N
10334 104%
5% gold notes 1929 _____M&N
Indiana Steel 1st 5s 1952.. M&N 10334 10334
5% gold notes 1930 _____M&N
Ingersoll-Rand 1st g 5s Dec 31
Computing-Tabulating-Rec Co
1935 opt Dec 31 1910___ J&J
10014
Sinking fund gold 6 s 1941 J&J 105%
Inland Steel 1st 6 s 1927-28.-A&O
Consol Cigar 6 % notes’36 A&015 10 1
Deb g 534s 1945________ M&N
10234 10434
10134
Consol Textile 1st 8 s 1941. J&D
95
95 34 Inspiration Con Cop 634s ’31 M&S 10134 10134
Consol Coal 434s 1934 opt__M&N
9234
93 34 Internat Agricultural Corp—
1st & ref s f g 5s 1950___ J&D
89%
78
1st & coll tr s f g 5s ’32 od M&N
88
79
Consumers Co 1st 6 s 1946 .J&J
Stpd ext to 1942.. . .M&N
82
77
96
98
Continental Pap & Bag Mills Corp
Internat Mercantile Marine—
1st & ref 634s 1944 Ser A.F&A
1st M coll trust 6 s 1941.-A&O
99%
77
99
7634
Ccrn Prod Ref 1st g 5s 1934. M&N 10134 10234 International Paper—
Cramp (Wm) Sons Ship & Eng Bldg
1st & ref s f 5s 1947 ser A ..J & J
98
9734
1st M g 5s 1929 op t_____M&S
R ef mtge 6 s 1955 ser A . M&S 10154 102
Crew Levick Co 1st 6 s 1931-F&A
Con deb 6s 1941_______ A&O
98
9934
9834
9934
Internat Salt g 5s 1951 op .A&O
6 % gold notes 1928 .
J&J
98
87
99
85
Crown Cork & Seal 6 s 1942 F&A
96
108
96 34 Internat Silver 1st 6 s 1948.-J&D 107
Crown Willamet Pap 6 s '51 J&J 100
Debenture 6 s 1933_______ J&J
10014
9954 101
99
Cuba Cane Sug deb 7s 1930 J&J
9934 Jeddo-Highland Coal Co —
1st m leasehold 6 s 1941
M&N 102
102
Conv deb 8 s 1930. _____ J&J 1 0 0 % 101
Cuban-Amer Sug 8 s '31. M&S15 10834 10834 Jefferson & Clearfield Coal & Iron
Indiana Co 1 st s f 5s 1950.J&J
93
95
Cuban Dominican Sugar Co —
Jones & Laughlln St 5s ’39.M&N 10334
99
1st Hen s f 734s 1944___ M&N
100
Cudahy Pack s f 5s 1946__ J&D 10 0 14 100 34 Jurgens (Anton) Un (Margarine)
97 %
Wks conv 6 s 1947 (fl a t) ..J & J f 10534 105%
Sink fund deb g 5 34s ’37 ._A&O
97 34
Kaufmann Dept Stores Corp—
94%
Cuyamel Fruit 1st 6 s 1940 A&O
95
99
Davison Chem deb 634s ’31 J&J
6 % notes ’35 with warr’ts F&A
101
95
9434
De Bardeleben Coal Corp—
Kayser (Julius) & Co—
1st M s f 7s 1942_____F&A 15 108
'08%
1st M 634s 1927-1943 - - J&J 6 7.10 634%
Dery (D G) Corp 7s 1942 M&S
99
9834
78 34 . 78 34 Keith (B F) Corp 6 s 1 9 4 6 ..M&S
99
Denver Un StkYds 5s 1946. .J& J
9934 KeUy-Sprlngfield Tire Co—
93 %
8 % g notes May 15’31 M&N 15 10134
Dodge Bros deb 6 s 1940
M&N
94
10154
Keystone St & Wire 8 s ’4 1 .-A&O 109
110
DolcT (Jac) Pack 1st os ’42 M&N
88
8734
104%
89
Kinney (GR) Co 734s 1936. J&D 103
Domin Coal 5s '40 op '10. M&N
Knight (B B & R) 7s 19 30..M&S / 17
20
Dominion Glass Co, Ltd—■
K re s g e F o u n d a tio n 6 s ’3 6 .. J&D
1st s f 6 s June 2 1933. J&D2
10234 103
73
Krupp (Fried) Ltd—
Domin Iron & Steel 5s 1929 .J&J
76
7% dollar notes D ecl5’29 J&D 10234 102 %
C o n 5s ’3 9 (c u r r e n c y s e r ie s )M & S
53 34
5334
52%
La Belle Iron Wks 1st 5s ’40 J&D
98
56
1st & ref 6 s 1940________ J&D
Donnacona Paper 6 s ' 4 0 ___J&D 101
103 34 1 0 1 %
103 34
Lackawanna Steel 5s 1950.-M&S
99%
Donner Steel 7s 1942 . . .J&J
98
9934
9634
Lake Superior Corp inc 5s ’2 4 .Oct /
107
Eastern Cuba Sug 7 34s ’3 7 .-M&S 106
/ 25
35
95%
Elk Horn Coal 1st634s 1931 .J&D
9934
9434
9934 Lehigh Coal & Nav fund 4s ’48 J&J
98%
Cons s f g 4343 1954 . . J&J
7% n o te s 1931 w ith warr._J&D
9734
9534
9634
Without warrants______ __ .
97 34 Leh & W-Barre Coal— See Cent R R of N J, P 31
s 101
Fairmont Coal 5s 1931 .
J&J
9 9 '% Libby M cN & Libby 7s ’31 M&N
Liggett & Myers g 7s 1944.-A&O 12034 120%
Farmers M fg Co 7s 1943__ M & 8
92
Gold bonds 5s 1951______ F&A
93
Federal Sug Ref 6 s 1933 ..M & N
10254 103%
89
L iq u id C a r b o n ic C o r p —
Federated Metals s f 7s ’39 J&D
90
1st c o n v 6s 1 9 4 1 .
____ F & A 5 10634 s 107%
Fiat s f deb 7s with war ’4 6 .J&J 10234 103 34
93 %
Little (A E) Co 7s 1942____A&O
61
65
94
W ith o u t w a rra n ts.
Fisk Rubb Co 1st 8 s 1941 M&S 11534 11534 Loew’s Inc deb 6 s 1941____A&O
103 54 104%
534% s f notes 1931 .
J&J
s 9734 Lorillard (P) Co g 7s 1944--A & 0 11734 118
98%
98
Lukens Steel 1st M g 8 s ’40 M&N 10334 104%
96
98
1st m tg e 6 s 1946
J&D
M a g n o lia Pet deb g 434s’28F&A15
9954
F lo u r Mills of A m e r ic a I n c —
Deb 4% s 1929______ F&A15
97
99
C o n v g 634% n o te s 1946.A&0
99 34
Deb 434s 1930 - ...F & A 1 5
99
Framerican Ind & Dev Corp—■
Deb 434s 1931-1932_____F&A b 4.95 4 80%
Deb 734s 1942..
_____J&J 101 34 10234
Deb 434s 1933-1934____F&A b 4.95 4.80%
Francisco Sug 7 34s 1942 M&N 15 10934 109 34
Mallory SS 1st s f 5s 1932. „ J&J
94
97
98
French Nat SS Lines 7s 1949.J&D
9734
Hair (Robert) Co 1st 7s '37 ..J&J
s 10634 Manati Sugar 1st 734s ’4 2 .-A&O 10634 107
Galena-Signal Oil dob 7s ’30 A&O s 92
s 9234 Manufacturers’ Finance Co—
Col tr 6 % notes 1935___ A&O
95
General Amer Tank Car Corp—
9434
M c K e e s p o r t T in PI s f 6s ’46 M &S
103
100
Equip 534s 1927________ M&N
70
Equip 534s 1928-1934...M & N 6 5.20 4.95% McMyler Interstate 7s ’4 3 .J&D
95
Gen Asphalt s f 6s 1939
.A&O 1 1 1
11134 M e r c a n t ile P r o p 534s ’46__ J&J
Mid-Continent Petrol Corp—
Gen’l Baking 1st 6 s 1936
J&D
105%
1 st s f 634s 1940.
- - -M&S 105
G eneral C ig a r serial 6 s 1935. J&D
Midvale Steel & Ordnance—
92
93
Gen’l Elec 334s 1942 opt ..F & A
98%
Conv s f 5s 1936 -----------M&S
G en E le c (G e r m a n y )7 s ’4 5 .J & J 1 5
10434 105 34
9834
102
100
Deb 634s 1940 with war J&D 11334 11434 Miller (I) & Sons 7s________ 1934
97 %
Without warrants attached
10034 10134 Miller & Lux Inc 1st M 6s’45 A&O
7% gold notes 1935_____A&O
98%
k 115
General Ice Cream 6 34s 1935 J&J
M in n e s o ta & Ont P a p e r 6 s ’48J&J
99
97
G en eral M o t o r s A c c e p t a n c e C o r p
100
S in k f d g o ld d e b 6s 1 9 3 7 ..F & A
10034 Monon Coal— See Chic Ind & L Ry
5% serial notes 1927 . . . M&S 100
10034 M o n t g o m e r y W a rd P r o p C o r p —
98 ‘
9S%
1st M 5s 1946 ser A . . M&N
5% serial notes 1928 ____M&S
99 34
____ Morris & Co 1st s f 4 % b ’39-J&J
80%
8934
5% serial notes 1929 ___ M&S
9834
7 34% gold notes 1930.-.M & S 104 34 104%
97 34
9734
5% serial notes 1930_____M&S
82
Mtge-Bond
Co
4s
ser
2
’
6
6
-A&O
96 %
5% serial notes 1931____ M&S
9634
5s series 3 1932__ _ .
J&J
98"
97 34
5% serial notes 1932 __ M&S
95 34
9534
99 y% 101
Mount E m ily L u m b 6 s 1934 ____
5% serial n o te s 1933 . . . M&S
9434
98
100
9334
97 Vs
93 34
Murray Body 1st 634s 1934.J&D
5% serial notes 1935 __ M&S
97 34
Nat Acme 734s 1931______ J&D
9934
9954
5% serial notes 1936
_ M&S
92 34
G en P e tr o l 6 % g n o t e s ’ 28 A&015
101 34 10134 Nat Dairv Pr 6 % notes’40-M&N 10154 1 0 1 %
1st 5s Aug 15 1940. .
10034 10034 Nat. D istille rs Prod. Corp—
99
99%
10 -yr 6 34% notes ’35..J&D15
Gen Refractories 6 s 1952. F&A 10234 103
Nat Enam & Stpg 5s 1929..J& D 10154 103%
Good Hope St & Ir Wks (Germ’y)
8 f g 7s Oct 15 1945--. A&015
9954 101
102J4 10234 Nat Starch deb 5s 1930 gu.-J& J
National Tube 1st 5s ’ 5 2 --M&N 10334 10354
Goodrich (B F ) 1st 634s 1947-J&J 10634 107
Goodyear T & Rub 8 s ’4 1 .-M&N 120 34 12134 Natomas Co gen 6 s 1935__ J&J
42'4
Deb s f 8 s May 1 9 3 1 ... F&A 11034 11034 N e v C o n C o p p e r d e b 5s 1941 J& J 10034 100%
3-Yr 5 % g notes 1928..J&D15
98
98 % New Eng Nav— See N Y N H & H RR
New Eng Oil&Ref 1st 8s’31 M&S
40
60
Goodyear T & R of California—
96 34 New Niquero Sugar 7s 1932-J&J
99
103
5 34s notes Feb 15 1931 F&A15
9534
Gotham Silk Hos deb 6 s ’36 J&D
9934
9934 New River Co 1st 5s 1934__ J&J
M&S 103
105*'
G o u ld C o u p le r 1st 1 6 s 1940.F&A
84
84 34 Newport Co 7s 1932-----NYAirBrakelst 6s’28 conv M&N 10134 101 %
Granby Con Min Smelt & Pow—
N Y Dock Co— 1st g 5s ’ 51-F&A
85
85%
1st conv 6 s 1928 Ser A ..M & N
100
102
N Y & Hob Fy 5s M ay ’4 6 --J&D
90
Stamped________ __ __
100
102
Hoboken Ferry 5s 1946 -M&N
95
Gulf Oil of Pa deb 5s 1937. _- J&D 100
10034
91
N Y & N J Ferry— 5s ’4 6 --J&J
Ham-Am Line 634s eq’28-’40 J&D 6 6.75 6.50%
N Y Shipbldg 1st 5s N ov 1 ’4 6 .—
Hanna (M A ) Co deb 6 s ’34.F&A
90
94
9134
North Amer C 6ment Corp—
Hershey Chocolate—■
93
Deb 634s A with warr ’40.M &S
1 st & coll tr s f 534s 1940--J&J
9134
10134 101 34
32
27
100
5% notes 1927_______ J&D15
10034 Norwalk Steel 434s 1929------J&J
54
57
5% notes 1 9 2 8 ... ___ J&D15
9934 10034 Nova Scotia S & O 5s 1959--J&J
70
O’Gara Coal 5s ’ 55 op aft’08 M&S
Hoboken Land & Impt Co—
Ogilvie Flour Mills 6 s ’32__ J&D r 10134
96
1st M g 5s Nov 1930____M&N
Series B ____________________
r 1043a
Hoe (R) & Co 1st 634s A ’34 A&O 100
10034
Holland-Amer Line 6 s ’47.M&N / 9834
Series C _____________________ r 10434
98)4
91
Old Ben Coal 1st 6 s 1944__ F&A
97
Hollingshead (RM ) Co 7s ’38 F&A
9034
O re go n L u m b e r Co 6 s 1935 - 98
100
99
Holly Sugar 7s 1937________ J&J
100
94
Otis Steel 1st 6 s 1941 ser A.M&S
Hood Rubber 7s 1936 ------- J&D
9354
10334 104
__ 91
Pacific Coast Co g 5s ’4 6 . . -J&D
97
Conv 534% g notes 1936A&015
9634
Houston Oil (Tex) 634s ’35 A&O 10334 104% Pac Fruit Exp Eq— See So Pacific Corp
94
95
Humble Oil & R 534s ’32.J&J 15 10234 102 34 Pacific Mills 534% notes ’31.F&A
Pan Amer Petrol Co (of Calif)—
Illinois Steel deb 434s 19 40..A&O
96
97
Ilseder Steel s f 7s 1946 . _A&O 10134 101 34
1st conv s f 6 s 1940___ J&D15
9934 100

%

k Last sale,

n N om inal,

r Canadian price,

s Sale price.

44

INDUSTRIAL AND MISCELLANEOUS BONDS AND STOCKS

[V ol. 124.

N O T IC E .— A ll b o n d p rice s are “ a n d in t e r e s t ” e x c e p t w h e re m a rk ed “ V ’ a n d in c o m e a n d d e fa u lte d b o n d s .

Bonds.

Bid.

Pan-Amer Petrol & Transp Co—
1st Hen equip 7s 1930___ F&A
S f 6s 1934______________M&N
Park & Tiiford s f 6s 1938—J&D
Penlck & Ford 634s 1943. .J&D
Penna C & O 1st 5s '32 op J&J
Penn Mary Steel— See Beth Steel
Pennsylvania-Dixie C e m e n t C o r p
1st in s f 6s 1941 ser A M&S15
Pennsylvania Steel—
Soan-Amer Iron 6s 1927. -J&J
Phila & Read C & I 5s 1973--J&J
Pick (A lb e r t ) & C o d e b 6s ’36 J&J
PSerce-Arr M ot Car 8s 1943-M&S
Pierce Oil 8s Dec 15 1931 J&D15
Pillsbury Flour Mills 6s 1943 A&O
Pittsb Brewing 6s Feb 4 '4 9 --J&J
Pitts Coal deb 5s July ’31--M & S
Plttsburgh-Westmoreland Coal
1st s f g 5s 1947 opt______ M&N
Pleasant Val Coal 5s 1928 J&J
Pocahontas Consol Collieries—
Port Arthur Canal & Dock —
1st 6s 1953 ser A . .............F&A
1st M 6s 1953 series B - — -F&A
Pressed Steel Car 5s 1933___ J&J
Price Bros & Co 1st 6s ’43 A .F& A
Producers & Refiners Corp—
8s 1931 (with warrants)..J&D
Without warrants attached____
Punta Alegre Sug s f 7s ’3 7 --J&J
Pure Oil Co 614 % notes '3 3 -J&D
Rand-Kardex Bureau 534% notes
1931 with pur warrants
J&J
Without warrants
..
_
Retd Ice Cream 6 % n o te s ’30 J&J
Remington Arms 6s 1937__ M&N
Republic Iron & St’l 5s '4 0 --A&O
Ref & gen 534s ’53 ser A ..J & J
Rheinelbe U n io n 7s 1946 J&J
with stock purch warrants____
Rhine-Main-Danube7s 1950 M&S
Rima Steel Corp 1st s f 7s ’55 F&A
Riordon Pulp & Paper Ltd—
l/3t 6s June 30 1942___ J&D30 r
Robbins & Myers 7s 1942__ J&D
Soch & Pitts O & I 5s ’4 6 .-M&N
1st s g 434s 1932 op t____F&A
Rocky M tn Fuel 5s 1943 __ __
Rogers-Brown Iron 5a '28-’40-J&J
Gen & Ref 7s 1942_____M&N
Stamped ___________
St Joseph Stk Yds 434s’ 30--J& J
8t Lawrence Pulp & Lumber—
1st M 6s 1927-1929______ F&A f
Certificates of deposit
/
1st M 6s 1930-1933______ F&A f
Certificates of deposit__ __ /
L
Yds 4s ’30__ J&J
St L
Mt & P
etpd-J&J

f

St Nat Stock
RkyPaper 634s
5s ’27-’29—J&D
’55
8t Regis
634s
1930-1934_________
J&D
Deb g 6s 1931.................A&O
Saks & Co s f 7s 1942______M&S
Santa
Ana Sug 8s 1931 __A&O
8axon Pub
Wks (Germany)—
1st extl s f 7s 1945________ F&A
Gen & ref 634s 1951 ...M & N
Schulco Co 634s 1946 - ..J&J
Guar s f 634s 1946 ser B A&O
Securities
Co N Y 4s cons.-M&S
Security
Mtge 6s Sept 1 '45 ser E
6% bonds Apr 1 1’946 ser F ____
Sen Sen Chic 6s June 1 4 ’29 _J&D
Hoop
_
Bhawsh Mills 7% notes '3 1 --A&O
t Basis. / This

SharonSteel

8s 1941 M&S

Ask.

10434
10534
95
102
93
100
100
10031
9834
105
99
10234
95
8634
9934

88
100

9134

9234

10234
10434
95 34
102

10534
96
104

113
11034
10934
10334

111
11034
10334

153
101

160
10134

9634
10034
100 34

9634
103
10034

12034
10034
10334
9634

12134
101
10334
97

10034
6134
90
100
40

6434
9234

46
9734
16
J.6
16
16
96
7934
9934
100
9934

50
4734
47

100

101
103
9934
100
9934

99

100

108.34

Bid.

Ask.

Bonds.

Bid.

Ask.

10834 United Steel Works (Germany)—
100
S F 634 s 1951 with warr J&D 105
10534
Without warrants___________
s 10234
s 993*
United Stores Realty 6s ’42-A & 0 1033* 105 3*
10634 10634 U S Bnv 1st 5s 1927-1934---J&D
99
10034
10034 U S Finishing con g 5s 1929--J&J
9834
10334 10334 U S Smelt Refg & Mining—•
10-year 534 % g notes 1935M&N 102 34 102}*
101 % 101 % United States Steel Corp—
100 34 10034
Col tr s f 5s Apr ’51 op T l —Yar
100 34 10034
Col tr s t 5s Apr '51 not op.Var
Col s f 2d 5s Apr’63 op'13M & N 107
107 34
10034 10034 U n iv e rs a l P ip e & R a d 6s ’36 J&D
90
8934
9434
9434 Universal Winding Oo 7s '3 7 .J&J 10134 103
Utah Fuel— See Den & Rio Gr,p32
103
10234 10234 Van Slyke & Horton 7s 1938_____ 101
102
P u rch a se re ce ip ts
99
10234 Vertlentes Sugar 1st 7s 1942.J&D
9934
Smith (A O) Corp 634s ’33-M&N 10134 10) 34 Victor-Amer Fuel 1st 6s '40-F&A
40
___ s 10434 Victor Fuel 1st s f g 5s 1953_J&J
Solvay & Cle 6s 1934 - - - A&O
57 J*
5734
South Porto Rico Sug 7s '40.J&D 10734 10734 Virginla-Carolina Chemical—
Standard Mill 1st g 5s ’3 0 .-M&N 10034 100 34
1st s f 7s 1947 ser A .
_ J&D / 107
Stamped as to payt 40% prin—
1st & ref 534s 1945______ M&S
10034 102 34
S tand Oil (N J )d e b 5s N o v 15 1946
ls t s f7 s 1947
. _________ / 107
10134 102
Stand Oil N Y 634s g deb’33-M&N 105
Ctf of dep assented _
/ 107
10534
95 34
434s 1951 - ______ - . f 107
9534
90
92
Stand PI Glass 6% notes ’30-M&S
Va Iron Coal & Coke 5s '49-M&S
9434
Stand 8teel Wks 1st 5s '28. J&J 100
95
95}*
10034 W a lw o r th C o 1st 6s 1945-—A & 0
90
92
Stan d T e x t ile P r o d 6 34s '4 2 M & S
Deb 634s’35 serA with war A&O
9434
9434
r
106
Steel Co of Can 6s 1940 __ J&J
Ward Baking 6s 1937____J&D 15 104
105
Stutz M otor Car 734s 1937- A&O
97
100
Warner Sugar Ref 7s 1941 -J&D 10534 105 34
Sugar Estates of Orlente—
Warner Sugar Corp 1st 7s ’39 J&J
9234
9234
99
100
Wayne Coal 6s 1937— __ M&S / ___
l s t s f 7s 19 42--. ______ M&S
Sun Oil deb s f 534s 1939. -M&S
90
9934 10034 Webster C&O 1st g 5s ’42 op M&S
9134
Superior Oil 1st 7s 1929-.F&A15 101
s 97
10134 Webster Mills 634s 1933—-J&D
Swift & Co 1st s f g 5s ’44___ J&J 10134 102
West Ky Coal 7s 1944 - - M&N 101 Vs 10234
5% s f g notes Oct 15 ’32__A&0
9734
79
9734 W . Va Coal & Co 1st 6s 1950-J&J
793*
T a v lo r -W h a r t o n I & S 6s ’4 2 M & S
Western Elec deb 5s 1944__ A&O
10234 10234
Westinghouse Elec & M fg—
1st & ref 734s 1946 Ser A__ J&J
20-year gold 5 s 1946___ M&S 10134 10134
Tenn Coal I & RR 5s 1951--J&J 103
10334
104 « Wheeling Steel Corp—
Ala Steel & Shlpbldg 6s '30-J&J 101
T en n Cop & Chem 6s 1941 -A&O
1st & ref s f 534s 1948 ser A . J&J
983*
10034 10034
973*
Thyssen (Aug) Iron & Steel Wks
Whltaker-Glessner Oo 5s ’41-A&O
98
s 10234
1023* 10334
Transcont Oil 7 % notes ’30 A&O
9934
9934 White Sew M 6s ’36 with w J&J 1003* 10134
99
Traylor Eng & M fg 8s 1 9 3 6 - __
Wickw Spencer Steel 7s ’3 5 - - J&J
101
45 Vi
473*
Trumbull Steel s f 6s 1940.M&N
98
9834 Wickwire Spencer Steel Co—
10-yr deb 7s 1935
.M &N 100
Pr lien & coll 7s Jan 1935-M&N
56
58
___
Tubize Artificial Silk 8s '43. J&J
Wlllys-Overland 1st 634s ’33 M&S 102
1023*
Wilson & Co 1st 6s 1941____A&O
Union Bag & Paper 6s '4 2 .-M&N
10234 10234
Union Oil Co of California—
Winch Repeat Arms 734s ’41 A&O 106
10634
883*
88
10134 10134
Youngst Sh & Tube 6s 1943--J&J 104
104 J*
6s M ay 1 1942 Ser A _____F&A 10834 109
99
S g 5s Feb 1 1935 Ser C A&O
EXCHANGE SEATS.
9834
No. LastSale
Union Steel Oo 1st 5s '52 gu.J&D 108
109
$
$
Un T ’k Car eq 434s ’27-'36-A & 0 b 4.80 4.70% N Y Stock Exch__ 1,100S185.000
107
United Drug 6s 1944___ A&015
2,750 2,555 2,800
107 34 N Y Produce E xch -1.800
United Industrial 1st 6s 1945. J&D
9434
9534 N Y Cotton E x ch .. 450 27,750 25,000 27,700
97
N Y C o f & S u g E x . 328 17,750
Deb 634s 1941
...M & N
17,625
9634
United Lead deb 5s 1943____J&J
98
N Y Curb Market- 550 25,000
Baltimore Stk Exch
87
1,400
United Oil Prod 8s 1931-J&J25
68
70
9,000 9 ,5 5 5 10,000
U S Rubber 7 34 % notes '30-F&A 10634 10634 Boston Stock Exch- 139
Chicago Bd of T r—1,592
7,000
& ref 5s
Ser
6,600
9534
250
5,000 2,500 4,000
634% serial notes 1927__ M&S 100
1003s Chicago Stock
Cincinnati Stk Ex_
5 0 10,000
10134 102
36
3,000
634% serial notes 1929.. M&S 10234 10234 Cleveland Stk Exch
38
4 000
634% serial notes 1930__ M&S
10234 10234 Detroit Stock Exch
70 15,750 17,000
634% serial notes 1931__ M&S 102
10234 Los Ang Stock Exch
29
1.200
634% serial notes 1932— _M&S 10234 10334 Louisville Stk Exch
634% serial notes 1933__ M&S 102 34 103
Minn Ch o f Comm- 566
2,700
Montreal Stock E x .
74 30.000
634% serial notes 1934—.M&S 10234 103
500
6.500
634% serial notes 1935— M&S 10234 10234 New Orl Cotton
6,000
7,000
New Orl Stock Ex_
70
6,500
634% serial notes 1936__ M&S
7,500
10234 103
Phila Stock E xch._ 206 10.000 10,000 10,500
634% serial notes 1937— M&S 10234 103
Pittsb Stock Exch- 115
2.000
634% serial notes 1938__ M&S 10234 103
St Louis Exchange50
4.50C
__
10234 103
San Fr Stk&BdExch
67 42.50C
10234 103
United
Ex
40
80C
2,000
800
9234
9134
10734
98

f

99

97
8134
100
102
10034

10234
99
99 34
9934
98
98

B onds.

Sheffield Farms 1st 634s 1942A&0
105
Shults Bread 1st 6s 1940__ M&S
10534 Siemans&HalskelO-yr7s’35— J&J
Siem ens & H a l-S ie m -S c h u c k — ■
96
D e b g s f 634s '51 w ith w a r M & S
10334
S ilesian -A m C o r p 7s 1941 F&A
95
Simms Petrol 6% n’tes ’29M&N15
S inclair Cons Oil Corp—
1st 1 coll 7s ser A 1937 M&S15
10034
1st lien coll 634s '38 ser B . J&D
1st 1 6s ’27 O with warr.-J&D
Sinclair Crude Oil Purch Co—
101
6% notes ser A 1 9 2 8 .__ F&A
9934
10634 S in clair Pipe Line s f 5 s ’42—A&O
100 34 Sloss-Sheffield Steel & Iron—
6% a f gold notes 1929____F&A
10334

100
100

109
s 10034

price includes accrued interest.

1st
1947 A__J&J
634% serial notes 1928-. M&S

Exch

Ex

2,000

634%
serial
M&S
634%Steamship
serial notes
notes6s 1939
1940—.M&S
1937--M&N
I

Washington 8tk

Last sale, n Nominal, r Canadian price,

* Sale price.

INDUSTRIAL AND MISCELLANEOUS STOCKS
Stocks.

Par

TEXTILE
MFG.
STOCKS.

Sforth. Mills.

var

B id .

P er

20
82

Acushoet Mill (NB) l
Am Linen (Fall R) 1
American M fg .100 100
82
Preferred. ...100
Amoskeag Mfg (volnotary assn)__ ( t)
5434
Preferred_____(t)
8034
Androseog M (M e).!
41
Appleton Oo (Mass)!
Arkwright M (F R ).!
15
Arlington M (Mass)!
68
M fg (F R ).i
M fg (Me) 100 123
125
Preferred_____100
Berkshire Cot M fg.
Adams, Mass 100 12234
76
Bigei-Hartf Carp’t - t
Preferred_____ 10G 100
Boone (Daniel)
Woolen M ills ..25
134
Booth Mfg (N B )._i
95
Preferred_____100 x 92
Boot Mills (Mass) _ i 101
Border O M fg (FR) i
38
Boston M fg pref. 10C
Bos D uck (M ass), c
50
Mills (F R ).!
Bristol M fg (N B )..j
Butler Mill (N B )..J
50
Oatot M fg_____100
78
Ohace Mills (F R ). i
Charlton M ills-.100 108
Chicopee Mfg (pf)_l
City Mfg Cr’p(N B) I
90
Oontln’l M (Me) 100
50
Cornell Mills ( P E ) .!

Barnard
Bates

Bourne

A sk.

sh are.

30
84
20
102
84
55

45
36
70
30
126
95
125
77

100
105
42
85
72
120
55
81
30
93
55
82

Stocks.

Par

Dartmouth Mfg
Corp (N B )__ 100
Davis Mills (F R)__ 1
Da vol Mills ( P E ) ..I
Draper Oorp___ 100
Dwight Mfg (Mass).
Edwards M fg (M e).!
Esmond M (R I ), pf l
Everett M (Mass)—!
Fairh Mills com . 100
Preferred- . 100
Farr Alpaca (Mass) l
Flint Mills (F R )—!
Franklin Co (M e)_i
Gosnold M (N B )_!
Granite Mills (F R ).!
Gt Falls M fg (N H) !
GrinnellMfg (N B ).!
Hamilt M fg (Mass) !
Hamilt W (Mass)—!
Harmony Mills pf .!
Hathaway M fg(N B)!
Hill M fg Co (M e )..!
Holmes M fg (NB) —!
Preferred_____100
Home Bleach &DW t
P re fe rr e d -__ 100
Hoosac Cot Mills .
Ipswich Mills__ 100
P re fe rr e d -__ 100
Kilburn M (N B) _!
King Philip M (FR )!
Lancas’t M (M ass).!
Preferred_____ 100
Laurel Lake com . .
Preferred________
Lincoln M fg (F R )._ !
Lockwood Oo (M e ).!

B id .
P er

85
80
67
69
16
39
97

_
159
80
8
20
14
65
50c.
30
67
104
25

37
92
8734
16
40
12
42
55

A sk.
sh a re.

90
70
30
70
20
42

Stocks.

Par

Luther M fg (F R ) „ !
Lyman Mills (M ) J

Mass Cott M ills. 100
Mechanics’ M (FR) i
Merch M fg (F R )__ !
Merrimack M fg
(M ass)_______ 100
Preferred____100
1834 Middlesex Co ( M ) „
M t V-Wood Mills
(Balt) v t r ____100
734
Preferred v t r _ 100
Narragansett Mills
(F R )------------ 100
Nashawena M __ 100
Nashua M (N H) 100
Preferred___ 100
35
Nat Fabric & Fin 100
18
Naumkeag (Mass)
Steam Cot Co .100
Netld Mills (N B)._Z
35
New Bedf’d Cot M_Z
71
108
Preferred_____ 100
New Eng Sou M - . .
28
P referred __ 100
55
Newmarket Mfg
60
Oo (N H )_____100
Nonqultt Sp (NB).Z
Osborn Mills (FR) !
65
Pac Mills (Mass) 100
Parker Mills (FR)._Z
95
Preferred________
Pemaquid M _____20
128
Pepperell M fg (Me)Z
20
Pierce M fg (N £$)__!
Pilgrim Mills
__
Pocasset M fg (F R ).!
65
45
60

A sk.

B id .
P er

sh a re.

10
75

120
73
7934
6434
50
93
30
169
14234
100
8234
234
8
k

31
39 34
20
11534
330
130
21

Par

B id .
P er

Ponemah M (P rov).!
Preferred _ —100
85
Potomska M (NB) Z 66
Qulssett Mills (NB) !
Preferred__ __ 100
92
Rich Borden Mfg
Oo (F R )_____100
36
Sagamore Mfg
124
(F R )------------ 100 145
76
Salmon Falls Mfg
70
Co (N H )_____100
734
__
Seaconnet M (F R ).!
17
5
813* Sharp M fg (N B) — Z
Preferred_____100
15
60
Shawmut Cot Mills
(F R) com ____100 129
67
51
_
Shove Mill (F R ).100
94
Skenandoah Cotton
35
Co (Utica)_______
173 Soule Mill (NB).IOO 142
M (F R)._Z
7
_ Stafford
Stevens M fg (F R)_Z 105
Taber Mills ( N B ) . .!
85
3
Thorndike (M ass).
Tremont & Suffolk
10
M (Mass)____100
25
134
Troy Cot’n & W ool’n
Mfg (F R )------500 110
34
45
Union Cot M f (FR) Z 80
Utica Knit C o__ 100
40
50
20
Preferred_____ 100
80
Utica Steam & Moh
26
Val C o t ________ Z
90
Wampanoag Mills
118
(F R )________ 100
Wamsutta M (N B) 1
51
140
Weetamoe M (FR).J
Whitman M (N B )J
26
York M fg (Me) .100
112

118
9
72
15
50

Stocks.

A sk.
sh are.

95
99

8
3
___

30
32
145
12
108

125
60
>•6
86
35
53
20
60
29

6 ’Assessment paid, c Par value $700. d Price per share, not per cen t. A Par value S I,000. A Last sale. 1 Par value S I00. rn 1st install, paid,
n N om inal, r Canadian price, s Sale price. ( N ew stock, u E x-1 00 stock d iv . i E x-d lv. v E x-rights, z E x-stock d iv. t W ith out par value,




Mae., 1927.]
Stocks. Par
Southern Mills.

INDUSTRIAL AND MISCELLANEOUS STOCKS
Bid.

Ask.

Per share.
89
95
Abbeville C M (SO) !
97
101
Anderson C M (SC) .!
Arcade Cotton Mills
60
71
Arcadia M ills...1 00 225
101
103
Preferred. ------100
Arkwright M i l l s __
10
Augusta Pac (G a )-.l
970
920
Beaumont M f g ------ 300
47
43
Belton Mills (S C )..Z
98
95
122
120
Bibb M fg_______ 100
102
100
Preferred 6% —
99
101
Brandon M , pref—
114
120
17
Cannon M fg._ -10
12
14
Ohadwick-Hoskins25
140
Chesnee Mills______ 135
300
Chiquola M fg--------- 190
99
100
136
Clifton Mfg (S C ) 100 132
Clinton Cotton Mills 290
126
Columbus Mfg (Ga) 122
110
Converse (D E)_100 106
70
65
140
Dallas Mfg (Ala). 100 130
85
Darl’g'n Mfg (S C) Z 75
____
Drayton Mills__ 100 100
100
90
Dunean M ills__ 100
92
94
140
Eagle & Phenix 100
90
Easley Cot M , pref.
Enterprise Mfg (Ga) .1 110
72
66
Gaffney M fg (S C) !
185
Gainesville Cot Mills 175
135
Glenwood Mills
80
85
Granteville Mfg 100 100
____
Greenw’d O M (SC).Z 400
____
250
Grendel Mills— . .
60
48
Preferred______ 50
115
Hamrick M ills.
120
Hartsville Cot M ills. 145
125
101
Jackson Mills______ 220
150
Judson Mills____100 145
Preferred_____ 100 101% 103
115
Ktng(J P) Mfg (Ga) Z 105
____
Laurens C M (S C ).l 150
115
120
Limestone C & M —
____
Marlon M ills. . .100 124
30
25
Marlboro O M (SC) .1
Mills Mfg Co (S 0 . 1 300
131
Monarch O M (S O) 1 125
101
75
70
Musgrove Mills____
128
Newberry C M (SO)l 125
Ninety-Six Mills____ 150
____
75
Norris Cot M ills..
96
93
O rrC otM (S 0 - 1 0 0
99
97
213
Pacolet Mfg (SO ) .1 208
102
104
P referred __ 100
81
79
Panola-O M A pf 85
20
Phillips Buttorff M 1 125
130
____
Pickens Cot Mills
130
126
Piedmont Mfg (S 0)1 123
108
Poe P W. Mfg (SC)! 100
75
70
Poinsett M ills. 100
175
Riverside & Dan Riv 170
J0%
11%
90
87
8axon Mills . — 100
45
40
Sibley Mfg (G a). 100
____
Spartan Mills (SC) ! 150
103
Thomaston Cot tr pf 100
33
35
Toxoway ------ 25
30
40
Union-Buffalo Mills.
89
91
1st pref______ 100
46
2d pref_____.IOC
101
Victor-Monag Co .1
98
111
Preferred_____IOC 109
145
140
50
91
89
1st preferred-----105
100
40
20
144
West Point Mfg 100 140
70
60
Whitney Mfg (SC) J
185
200
Williamston Mills
125
Woodruff Mills _ . 100 119
120
Woodside Cot M . 100 115
89
87
Preferred.. -.100
C anadian Mills.
Can’n Connecticut
45
50
Can Convert, Ltd. r 100
122%
Can Cottons,Ltd.lOC r 118
100
Preferred
10C t 99%
Domin Text, L td. (t) r 110% 111
120
Preferred__ -IOC r
Montreal Cottons , r _ __ 120
Preferred_____IOC r 116
215%
Penmans, L tdj--100 r 212
r 103

Stocks Par B id. A s k .
Indianapolis.
P er share.
Sterling Fire_____ 10 d ____
Louisville.
Per cent.
Liberty______— 60
200
Minneapolis.
Per share.
Nor’west F & M .100
Newark.
American_________ 5
23%
23%
219
223
New Haven.
90
93
New'Orleans,
Per
Lafayette________ 50 260
New York.
Per share.

Stocks.

Par.

Hancock Cons__ 20
Hardy Coal_____ 1
Hecla Mining__ 25c
Hollinger Mines__ 5
Homestake Min 100
Howe Sound Oov t ct
Inspiration Cons

B id .

A sk.

Per share.

Stocks. Par
INDUSTRIAL AND
MISCELLANEOUS
Abbotts Alderney

Bid.

A sk.

P er share.

75c.
16%
13%
Dairies pref___100 101% 103%
21.95
Abltibi Pow & P ap. t d 86%
62
87%
61
P referred.. ..1 0 0 r 116
39%
39
Abraham & Straus.t d 64%
67
7% preferred 100 111% 111%
21%
22
Island'Creek C o a l.l 239
Adams Express..100 137
139
241
Advance-Rumely 100
13%
14
s 48
Preferred 6 %\ 100
35%
105
36%
Isle Royale C o p ..25
10
10% Aeolian-W eber
Keweenaw_______ 25
Piano & P lan..100
29
32
2%
2%
P re fe r r e d .___100
99
102
Kennecott Copper, t
63%
63%
d 147
325
83c.
85c.
148
317
Amer R e se r v e __ 10 d 45
Lake C op per.. ..2 5
95c.
50
1 % Ajax R u b b e r _____t d 11%
11%
Bankers & Ship.100 285
La Rose M ines,Ltd.5
9c.
292
12c. Albany (N Y) Safe
City of New York 100 290
Dep & Storage 100 160
La Salle Copper. .25
75c.
170
300
1
Commonwealth_100 600
Magma Copper C o . t
35%
35% Albany P erforated
Wrap Paper . t d 23
2
138% 139
25
1%
Fidelity-Phenix. . .25 z 94%
Mass Cons ____ 25
Preferred 7% .100
35c.
98
50c.
103
95
Allied Ohem & Dye
Mayflower Old Col 25 ) 65c.
Globe & Rutgers. 100 1510
1540
1
C o r p . _ ________ | d 140% 140%
Great American 100 310
McIntyrePorcupine6
27
312
28
Preferred_____ 100 120% 121%
Miami Copper____5
Hanover_________ 50 222
16%
228
16%
Allied Pack new__ t d 25c.
1%
392
389
40
41
Prior p r e f ____100
Lincoln
--------- 20 d 70
7
14
Motherlode Coal’n . f
4%
74
4%
Senior pref___ 100
Merchants Fire Asso
Nevada Cons Cop_6
1
4
14%
14%
Common____ 25 120
New Cornelia C o p .5
22%
22% AUIs-Chalmers M fg
150
C om m on_____100
94
Preferred___.100
New Dominion A ..1
94%
5c.
15c.
105
125
P referred ____100 110
111
84
16
88
20
Preferred ___ 100
Aluminum Co com .t d 72
National Liberty.50 420
77%
63%
67
6 % preferred . . 100 102
Niagara__ ______ 50 245
102%
Newmont M ining. 10
69%
250
69%
Northern_______ 100 275
Nipissing Mines__ 5
38
9%
9% Aluminum M frs__ t d 35
P re fe r r e d .__ 100 d 110
North River_____25 130
North Butte ____15
111
2%
140
2%
North L a k e ..___ 25
Pacific Fire______25
10c.
19%
20c. Amal Leather.. _t d 19%
88
93
Ohio Copper_____10
45c.
107
Rossia Ins_______ 25
Preferred 7 % ..1 0 0 103
50c.
80
83
Amal Sugar com __ f d
2%
1%
13%
180
190
14
82
Ontario Silver M in .f
84
United States____20 180
1st preferred..100
185
Amerada Corp____f d 35%
Westchester______10
Patino Mines &
36
42
44
Enterprise com20 d 26
12'4
13
26% Am Agri O h em .. 100
Park-Utah—
41
42
P referred____100
Consol Mines .1
Alliance of Phila--10
47
49
7%
51
7% Am Bank N ote__ 10 d 46%
Fire Association.. 10
Pond Creek—
Preferred______ 50
58%
57 %
53
51%
Ins Co of N A . .10
Am Beet Sugar ..( t ) d 24%
24%
55
12
55%
11%
59
Preferred_____
56
200
15%
10
Lumbermen’s ____25 y 80
Rand Mines, L td__
135
42%
4 3 % American B o o k .. 100 130
85
18
People’s Nat Fire__
Ray Cons Copper. 10
15%
40
15% Am Bosch Magn’o .t d 17%
Am Brake Sh & F ..1 d 142
144
St Joseph Lead__ 10
Phila Life_______ 10
12
14
41%
42
St Mary's MineralPreferred.
115
122
Reliance__ ______ 50
21
23
Land__________ 25
United Firemen’s. 10
24
24% Am Brown Boveri El
San T o y _________ 1
Founders sh s.(t d 17
19
Victory__________ 50
5c.
6c.
21
23
36%
Seneca Cop M in__ t
Partic s to ck ., (t) d 35%
3
3%
94%
98
Shannon___
__10
Preferred_____ 100
30c.
40c.
Am C a n ________ 25 d 50
Prov Wash’ton__ 50 345
50%
Shattuck Arlz GoplO
So Am Gold & P la t.l
P referred ____100 128% 129
3%
3%
Am Car & F d y .. (t) d 106% 106%
5
25
129%
Virginia F & M ..2 5
Superior & Boston 10
P referred ____100 128
90%
93
25
40
____
4
Am Caramel____100
Deposited sto ck ..
Tennessee Copper
90%
93
____
& Chemical_____t z 12%
P referred ____100
40
12%
Tonopah-Belmont .1
29%
1%
1% Am Chain Class A 25 d 29%
44
Cent States Life___5
Tonopah (N ev)__ 1
3
20
22
3% Am Chicle________ t d 43%
44
Temp v t c ______ i d 43%
36
38
30
50
M o State L with wlO 103
Prior preferred. _t d 91%
94
Trinity Copper . 5
105
93
Internat Life_____50
Temp v t c ____t d 89
United Verde Ext50c
27
70
71
27%
125
Standard Life_____5
Utah-Apex.
___5
2
7
4
7% Am Cigar_______ 100 124
Preferred_____ 100 100
112
114%
54
Utah Metal & T u n .l 1 1-16
1% Am Credit Indem 25 d
s 36
St. Paul F & M __ 25 110
Victoria____________
65c.
85c. Amer Cyanamid A 20 d
Common B ____20 d 32%
34
Winona__________25
5c.
20c.
88
Preferred_____ 100
87%
6 25
Firemen’s Fund. 100
10%
20c.
90
25c. Am Drug Synd__ 10 d 10%
90% Yukon Alaska______
Home Fire & Marine
137
Yukon G old______ 5
30c.
29
60c. Am Express __ 100 135
30
104
Am Fork & Hoe 100 n 100
___
Mass.
1st preferred.. 100 107
Springfield Fire & M 520
39
Per share.
American G lu e.. 100
37
W ashington.
Preferred_____ 100
114
116
American_______ 100 200
83
85
Albany Tr (Bost)100 a _ __
Am Hardware__ 100
60
Corcoran________ 50 151
10%
Alliance Realty___ t
Am-Hawaiian SS.10 d 10%
49
53
9
Firem an's_______ 20
Bedford Tr (Bos) 100 a 58
Am Hide & LeathlOO
24
8%
49%
50%
National Union__ 5
BerkeleyHotelTr(B)! a 90
Preferred_____ 100
24
30
Amer Home P ro d .-t d 33%
33%
Bd of Tr Bid Tr (O) .1 a 48
28
Wheeling Fire 1 .100
Bos Gr’d R ’T T r (C)Z a 112
Amer H osiery....2 5 d
k 150
129%
Amer Ice C o____100 128
Bos R E T (Bos) 1000 a
950
Bos Stor VV’h'se (B) .1 a 123
86%
Preferred ___100
85
Am Intern Corn. _(t) d 38%
Boston Wharf Co ! a
38%
115
Atlantic Mutual—
Per cent.
Amer-La France
Bromf Bldg Tr (B) Za 87
d
8%
8%
1925____________ f 100
101%
a 30
92
Cent Bldg Tr (B) Z
86
1926_____________ / 100
102
Amer Laundry
Chic R E Trus's 1000 al070
Per share.
Machinery______t d 114% 114%
City R E G (O).IOOO a 530
127
Adventure C o n s ..25
P referred ____IOC 125
25c. Congress St AssociA hu m adaL eadC o.il
4%
25%
25
ates (Boston)____1 a 50
Amer Linseed__ 10C
4%
62
Alaska Juneau Gold
O'gress St Big Tr(B)i a
Preferred_____ IOC
60%
Mining________ 1C
Amer Locom otive, t d 112% 113
2
2% Copley 8q Th (Bos) J a 48
Algom ah________ 25
10c. Devonish Big Tr(B)i a
Preferred __ . IOC 120% 122%
45
Amer Zinc Lead
Amer Mach & F d y .f d 80
83
Preferred _
a
70
Smelting _____25
9%
145
Preferred new.lOC 136
9% East Bos Land (B) _
2%
2%
42%
P referred _____25
49%
Amer Metal C o____t d 41%
51
Ensley Land C o__ i 115
125
Anaconda Corp..5C
47%
Essex St Tr (Bost).i a
Preferred_____ 10C 108% 110
48
65
20
Arizona Com’cial__5
8%
9
Factory Big Tr (B) J a
Amer M ultigraph-.t d 19%
60
270
Arizona Globe C op. 1
5c.
Amer Piano_____10C 250
6c. Fifty Associates (B ). a3600
104%
Arcadian Cons__ 25 ft 55
P re fe rr e d ..._IOC 104
Hotel Tr (Boston). _i a 160
60
4
Bingham M ines.. 10
44
Kimball Bldg Tr(B)i a 82
Amer Pneu Serv__25 d 3%
45
____
50c.
Bonanza Dev C o. 1C
1st preferred__ 5C d 49
Realty Associates of
Butte O o p & Z O o _ 5
Preferred ____60 d 19%
20
3%
4
B r o o k ly n c o m ___ t
245
252
Butte & Sup. . -1C
Amer Radiator__ 25 d 116% 117
1st preferred.. 10C
90
11%
93
11%
__ _
Callahan Zinc-Lead
133%
2d preferred. 10C
Preferred_____ 10C
88
91
93
Co _ . . . 1C
2
91
Am Ry Express 10C
2% Texas Pacific Land
7%
Calumet & Arlz-.IC
Amer Rayon Prod (t) d 7%
67
68
Trust ctfs____10C 2050
STOCKS.
2150
50
Calumet & Hecla_25
15%
15%
Sub shares__ __ . 1 d 21%
—
21% Amer Repub Oorp.1 d 40
49%
Carnegie M etals—
12%
Am Rolling M ill-.25 d 49
13%
28
Central Fire new.lC
27
Carson Hill G M ..1
EE &
7 % pref (new) 10(
52%
53%
Oerro de Pasco------1
OCK
61%
Am Safety Razor 10C
510
61%
Boston ________ 10C 505
78
80
Chili Copper------- 25
American Screw.IOC
36%
36% American Surety _5C d 223
228
Colum Nat Life.10C 215
25
Am Seed Mach_5C d
26
322
282
285
326
58
Consol Copper____1
Preferred_____ 100
55
Chicago T & Tr 100 585
— See N Y
84%
87
Con Lead & Zlnc.2( d 13%
Amer Shipbldg-.IOC
14% CitySD(Alb.NY) 10(
130
Con Min & Smelt..25 r 250% 251
Preferred_____ 10C
Columbia Title
95
5%
Cop Range Con.lOC
Amer Ship & Com (t) d 5%
13%
14
(Washington)__ 5 d
67
64
Reliable ________ 20
CressonConGM&M 1
2% Fidelity & D (Md) 50
162% AmSmelt & Refg.lOC 149% 150
9c
Preferred_____ 10C
Crown Reserve____1 r
Home Title Ins (N Y) 293
303
Detroit F & M — 5C
129%
Davls-Daly Copper ]
Am Snuff com ___10C 128
Kentucky Title Co
99%
98%
3
Preferred_____10C
90
45%
De Beefs Cons M ___
32
Am Steel F ’drles.(t) d 45%
Lawyers’ Title &
510
36
Aetna (Fire)------100 500
115
Preferred_____ 10C 114
8%
8%
278
282
250
73
American Stores__ t d 72%
East Butte______ 10
Lawyers’ M C o_100 275
513
284
Hartford Fire__ 100 508
85%
85%
Engineer Gold M ..5
Sugar Refg..l0C
4
Louisville Title__10C 240
3%
Hartf Steam Boil
109%
Federal M & Sm.lOC
80
Maryland Oas C o .25 d
90
% 103
635
Insp & Ins___ 10C 625
Tob—
P referred ____10C
Mortgage Bond 10C 148
765
76%
78
155
National Fire__ 10C 755
d 49%
50
New co. v t c ___
First National
545
Nat Surety Co..10C 243% 247
(F ire).. 10C 540
4
d 3
5c.
Cop ($3.75 p d )..5
New Amsterdam
Life Insurance.
123
Franklin_________ 25 b 60c.
T obacco_____5C d
Casualty (Balt) 1C d 54
740
730
&
Common B ____5C d
Goldfield Consol
N Y Title AMtg.lOC
449
575
445
565
1625
R E T Ins(Wash) 10C 180
142
140
Granby Cons M &
Am
Tit Ins & Gu(SanFr)
1140
1155
Preferred_____ 10C
109
Power________ 10C
36%
Title & Inv M d..5C d 52
37
24
Vitrified Prod.SC d ____
Title G uTr(StL) 10C
40
92
88
30c.
Preferred___-10C
(St Louis)_____1C
35c.
325
335
Greene-Cananea. 10C
33
33% U8Fidel&Gu(Md) 5C d 234
Corp pref_____10C 108
a Purchaser also pays accrued dividend. 6 Assessment paid, d Price per share, not per cent. A Par value $1,000. * Last sale. I Par value *100
II Nominal, r Canadian price, s Sale price, t New stock, u Ex-cash and stock dividend, v Ex-stock dividend, sEx-dividend. V Enrights.
Ex-100% stock dividend, t Without par value.

INSURANCE
Baltimore
Boston—

Brooklyn
Dayton—
Detroit.

Philadelphia.

lOO

..loO

Providence.
Richmond.
St. Louis.

St. Paul, Minn.
San Francisco.

Springfield,

REAL ESTATE TR
& LAND STOCKS

Wheeling, W. Va.
MARINE INSURANCE SCRIP.

MINING STOCKS.

__

&

_

___

GUARANT
12 TITLE
11
SAFE DEPOSIT ST
22%
2% 2%

220

100

2%

2%

Phoenix
Aetna Cas'ty




2%

S
Granite-BI-Metalllc

120
10%

101

10c.
1

Sur

Travelers'_____ 100

45c.
15%
13%

45

U S Casualty___10C

110% 111
21
102% 110
120% 121%

Am
110
10C
Preferred____
Am
Sumat
(t)
Am Thread pref__6 122%
Am
121% 121%
110% 112
Type Found. 10C
110
Am
American Wholesale
110

46
S tocks.

INDUSTRIAL AND MISCELLANEOUS STOCKS
Par.

Bid.

Ask.

Per share.

im e r Wind Glass
Preferred____100
im er Wind Glass
Machine___
100 s 49 %

Am Wool (Mass).100
24
Preferred___ 100
74
Am Writ’g Pap pf 100
1
New pref w i_ _ 100
Ang-Am Oil vt stk £1 d 20%
Non voting stk. £1 d 19 %
Archer-Daniels
Mid com ______t d 4014
Preferred___-100
10654
Armour & Co of Del
Preferred___ ICO
9554
Armour & Co (111)—
Com Cl A v t c_25
14
Com Cl B v t c.25
V%
Preferred . . 100
8514
Arnold, Constable
& C o_______ ____ t d 22%
Artloom Corp . . . t d 5314
7% pref. temp 100
Art Metal Con___10 d 22 54
Arundel Corp____(t) d 34
Asbestos Corp . . . t dr 21%
Preferred . . 100 r 84
Assoc Dry G ’ds
Com new t >mp.. t d 41 54
1st pref______100 101
2d pref_____.100
106
Associated O 1___ 25 d 49
Associated Simmons
Hardware pf--100
55
Atl Fruit & Sugar. _ t d 1
Atl Gulf & W Ind
88 Lines s tp d --(f) d 36
Preferred . 100
36%
Allan Lobos Oil .1 d
1
Preferred___ .50 d 2%
Atlantic Refin’g.100
117%
11514
Preferred___..100
Atlas Plywood . . ( t ) d 5814
Atlas Portland
Cement
_____ t d 41
Atlas Powder_____t dx 59
Preferred____100
99%
Atlas Tack___ . t d 8
Austin, Nich & C o .t d 8
Preferred_____100
52
Auto Knitter
Hosiery_______ t d
Autosales Corp__ ,60 d 414
Preferred..
50 d 32
Babcock & WU..100 117
Baldw Loc VVks.100 198%
Preferred____10C
118
Baltimore Tube. 100
10
Preferred_____100
Bamberger (L) & Co
6% % pref___ 100
112
d 3.05
Barnet Leather____t d 53
Preferred___ 100 101
Barnhart Bros &
Spindler ls tp f 100 104
Barnsdall Corp
Class A voting 25 d 35%
Class B non-vot .25 d 32%
Bayuk Cigars. . .1 d 57%
7% 1st pref. ..100 d 103%
2d canv 8 % pf-100 d 101
Beatrice Cream. .50 d 59%
Preferred_____100
104
Beaver Board Co—
Com v t c C l A . . f d 3%
d 3%
1st pref v t C..106
38
Beech-Nut Pack. .20 d 58
7% pref CIB-.IOC d 11454Balding Hem'way(f) d 2314
Beth-hem Steel..100 d 50%
7% cum p re f.. 100 10754
Billings & Spen__ 25 d
Preferred____..2 6 d
Bliss (E W) C o___ t d 22
Preferred______ 60 d 57
2d preferred___10 d 10
Bloch Bros T ob--25 d
Preferred__
100
Bloomlngdale Bros, t d 37%
Pref cum 7 % 100 110
Bluenthal(8)—
Inc 7 % pref__ 100
48
Bon Ami com A (t) d 5354
Booth Fisheries . T d 654
1st preferred-.100
40
Botany Cons Mills—
Class A ______ 60'd 26
Borden Co__ __ 50 d 102
Borne, Scrymeer..25 d 65%
Bost Belting pf--100
14
Boston Woven Hose
& Rubber co m .(t) d 82
Preferred_____ 100 100
Briggs M fg______(t) d 34
Brill Corp new A . t d 44
d 20
Bristol Brass. ... 25 d 5
Brit-Amer Tobreg£l d 24
Ordinary bearer £1 d 24
British Col Fish &
Brit Empire SteellOO
1
let p r e f______ 100
13%
2d pref_______ 100
3
Brown S h o e ____(t) d 32
Preferred___.100
109
Brunswick-BalkeCollender_____ (t) d 34
Preferred_____100 104%
Buckeye Pipe L . 50 d 47
Bucyrus com ____100 200
Common new____ d 50
Preferred___.100
105
Burden Iron pref. 100
91
Burns Bros 7 %pf.l00
98%
Prior pref’ce.-lOO 115
Class A com stk .f d 114
Class B com stk .t d 25
Burr Add Machine, t d 124
BushTermCocom(t) d 40%
94
7% debenture.100
Bush Terminal
Bldgs pref____100 108
Butterick Co____100
57

S tocks.

Par.

Bid.

Ask.

Per share.
Byers (A M) c o n i-.t d 58%
59
Preferred. . 100 106
108
107%
By Prod Coke (vot) t
73
74%
California Cyanide
s 50
d 30
75
40
24% Calif Pack Corp__ t dx 66%
67%
74% Calif Petrol __ 25 d 30
30%
43
1% Cambria Iron____50 d 41
s 28% Canada Cement. 100 r 135
136
Preferred_____100 r
21%
120
20% Can Dry Ging Ale t d 43%
44
Can Fdys & Forg.100 r
22
Preferred__
100 r
41%
85
Can SS Lines new__ r 39
108
Can SS Lines v t. 109 r 36
37
Preferred new.100 r 87%
96%
87%
CanadlanCar&F. 100 r 46%
47
14%
Preferred___ 100 r 92
92%
35
754 Canad’n Canners 100 r
Preferred . . .100 r 85%
86
86
Canadian Explos.100 140
Preferred___ 1 on 108
23%
53 54 Canadian Gen El 100 r 50
r 57%
Preferred . . .
114%
Can Indus Alch___ r 26%
23
2654
Can Locom otive-100 r
50
Preferred_____100 r 87%
88
2154
Can
Woollens_
_
100
r 10
84%
15
Preferred___ 100 r 62
Canton C o ._ ..1 00 245
42
260
Trustees certif.100 245
103
260
Caracas Sugar____50 d
109
Carib Syndicate 25 d 2154
51
22
Case (J I) Threshing
Mach com
100 154
60
155%
Preferred__ 100 108% 111%
1%
Case Lockwood $•37
Brainard C o. .100 325
37% Celluloid Co___ 100
17
19
Preferred. . .100
69
65
1%
Cent Alloy Steel (t) d 26%
4
26%
117%
Preferred.. .100 d 10754
116% Central Aguirre
Sugar Cos.
.20 d 102
103
58%
Central C & O__ 100
59
63
Preferred__ .100
83
44
79
Central Leather. 100
61
9
9%
Com ctfs dep-.lOO
9
9954
954
Preferred_____100
9%
64
65
Pref ctfs dep_.100
62
8%
61
55 |Cen Teresa Sug pf 10 d
Century Ribbon
1 d 14%
Mills com __
15
Preferred. __ 100
74
84
454
Cert’n-Teed Prod, t d 47%
48
35
109% 110%
118 1 1st pref_____ 100
2d pref. _
100
199%
95% 101%
Champion Coated
120
Paper_______ 100
120
11
Preferred_____100 110
113
32
Chand-Clev M otor. t d 10
1054
Preferred_____ i d 22
104
22%
112%
280
290
105
3.10
Chesebr’gh M fg. 26 d 81
56
81%
Chic June Rys &
Un St Ydstpd-100 140
Preferred_____100
104
107
Chic Pneu Tool 100 136
137
30
35% Chic Ry Equip__ 25 d
Preferred . .
25 d 24%
32%
25%
57% Chic Wllm & Frank
Coal com
.100
22
25
103%
Preferred. . 100
90
Chic Yellow Cab t d
52
60
Childs Co com ...i d 51%
51%
106
Preferred.
.100 120
39%
4
ChrlstleBrown&Co. t d 38%
d 43%
43%
3%
Preferred . ’ ___(+' d 104 % 105
39
59% Oin Tob Wareh. . 100
12
20
Cln Un Stk Yds. 100 145
118
150
City Investing .100 114
119
24
Preferred____ 100
51
110
120
55
10854 Clev & Buff T r..1 06
Cleve-Cllffs Iron + d 74
6
Cleveland Stone .100
52
8
22% Clinchfield Coal. 100
Preferred___ 100
62%
11% Cluett, Peabody, -t d 62%
Preferred_____100
116%
k 37
115
k 94% Coca-Cola Co__ __ 1 d 18054 181
39% Coca-Cola Int__ (t) d 180
85
110% Collins & Aikman (f) d 83%
Pref (7 % )___ 100 168
Collins Co . . -10G 125
135
55
Colo Fuel & Iron. 100
59
58%
54
Preferred__
100 120% 130
7
Colt’s Patent Fire
45
Arms M fg . . 26 d 32
33
Colum Carbonvtc(t) d 8154
82%
29
Commercial Invest
104
Trust________ _t d 53
56%
66%
7% 1st pref .100
91
90%
20
6% % 1st pref with
warrants
100
98%
97%
85
Commercial Credit
Common . . _ t d 19
34%
19%
22%
7 % preferred . .25 d 22
46
d 22
21
2254
6% % 1st pref
8
with pur war 100
80
83
25
Comm Solvents B t d 257
258
25
Congoleum-Nairn.. t d 18%
18%
Preferred_______
104
87%
106
55
1% Congress Cigar___ t d 54
Conley Tin Foil—
21
Stpd as to liq d lv.
3%
%
%
47
50
32% Consol Car Heat. 100
Cons Cigar Corp t
84
84%
115
Preferred___ 100 d 100% 101
50
34% Cons Coal of St L . 100
106% Consol Distrib. . t d
1%
154
s 3
Cons Ice (Pittsb).50 d
48
Preferred
. 50 d
s 16
220
Consol Textile . . t d
55
3%
354
Cons Coal o f Md.100
34%
110
Preferred_____100
96
Consumers Co___20 d
7
100
654
73
71
Preferred__ .100
120
Cont Baking A __ t d 68%
68%
117
Class B _ _ ____f d
8
26
754
Preferred (8%)100
92%
125
9254
71
40% Continental Can__ f d 7054
Preferred_____100
124
125
95%
Continental M ot. . t d 11%
12
2054
10854 Cont’tal Oil v t c.10 d 20%
Corn Prod R efg..2 5 d 50 %
51%
58
Preferred___.100
128% 129%
Cosg-Meeh Coal__ t d 10
14

S tocks.

Par.

Bid.

Ask.

Stock*.

[V ol. 124.
Par.

Bid.

a Dureuase also pays accrued dividend,
d Price per share, not per cent. * Last sale. J Par value $100. n N om inal,
o Price p e r
r Canadian price s Sale price. (New stock , u Ex-stock div. * Assessment paid. x]Ex-dlvidend u Ex-rlghts. t Without par value.




Ask.

Per share.
Per share.
Ooty Inc temp c tf. . t d 69%
31%
6954 Gabriel Snubber A_t d 31%
Cramp (Wm) & Sons
Galena-Sig Oil 100
12
11%
Sh & E B ld g .. 100
Pref (old) . .100
14
18
52%
58
Crescent Pipe L ..2 5 d 15
Pref
(new).
.100
17
50
55
25
d 7 14
20
Crock-Wheeler _ . 100
Gen Am Tank Car t d 4954
36
38
50
Preferred_____100
1st preferred .100 106% 107
84
88
Crown-Wiliam Paper
Gen Asph com .100
94%
95
1st preferred
_t d 88
Preferred___.100
90
138
142
Crucible Steel__ 10C
Gen Baking, cl A - . j d 61%
90
61%
8954
Preferred . . 100 100% 106
Class B _ ____ -f d 6%
6%
Cuba Cane Sugar.. t d 9%
Preferred__
(f) d 123
124
954
Preferred____100
47 54
48% Gen Cigar common i d 54
54%
Cuba C o .. ___ t d 32%
Preferred___ 10C 117% 121
32%
Cuban-Am Sug ..1 0 d 2554
Deb pref__ .10f
26
116
117
Preferred__ .100
General Electric, (t) d 85%
103
104
86%
Cuban Dominican
Special 6% stk. it d 11%
11%
Sugar c o m __ __ t d 16
Gen Fireproofing .1 d 61
17
63
Cudahy Pack__ 100 d 51%
Preferred____100
106
51%
Cumberl Pipe L.100 127
General M otors. _i d 169
130
169%
Cushman’s Sons__ t d 105
Preferred____10C
106
104
7% pref . . . 100 10554 108
Deb 6% stock. 10C 104
8% pref . _ __t d 104
Deb 7% stock .100 120
106
120%
Cuyamel Fruit____1 d 32%
32% General Outdoor—
D H Holmes Ltd. 100 251
Advertising A__ 1 d 57%
255
58
Da vega, Inc_____(t) d 27%
Com v t c _____t d 44%
28
45%
Davis C & C ___ 100
Gen Petrol _____ 25 d
55
65
Davison Chem___ t d 31%
Preferred
. .25 d
31%
Devoe & Raynolds
Gen Ry Signal com t d 102
102%
Inc 1st pref__ 100 102
Preferred____10C
104
105%
Class A (non-vot) f d 39%
General Refrac___ 1 d 42
41
Deere & Co pref. 100 102%
Gen Tire & Tub .25 d 149
150
Det & Clev N av. .50 d
Preferred ._ 10C 102% 110%
15
Diamond M atch. 100 115
118% Giant Port C em ..5 ( d 65
70
Dixon (J) Cruc 100 168
Preferred..
.51 d 45
170
46
Dodge Bros com A (t) d 26%
26% Gillette Saf R az. (t) d 91%
9154
Preference____Ch d 83 Vo
84% Gimbel Bros. . . i d 42%
42%
Dodge M fg pref .100
32
Preferred- _ 100 102%
40
103%
Dominion Bdge.100 r 142
142% Glen Alden Coal . 1 d 170
170%
Dom Coal pref. 100 r 71
Glidden C o.
_ .t d 20
75
20%
Dominion Glass. 100 r 105 % 106%
7% prior pref. 100
90
P referred __ 100 r 113
Globe-Wernicke .100
82
89
Dom I & S pref. .100 r
Preferred____100
5
84
90
Dom St Corp pf.100 r 22%
Godch’x Sug Inc . t d
1
3
Donner Steel com 100
Preferred.. .100
7
10
16
19
Gold Dust Corp v t ct d 44%
1st preferred.. 100
99
101
45%
Goodrich (B F )___ 1 d 54%
2 d preferred. .100
40
54%
45
Douglas Pectin___ t d 51 %
Preferred__
10C
52%
9954 100
Douglas Shoe pf.100
Goodyear Tire &
79
83
Dow 'Chem com __ t d 71
Tubber c o m ..100
36%
73
36%
Preferred____100
Preferred___ 10C 102% 103
105
duPont (E I) de N
Prior pref__ 100 107%
109
& Co com . .
(f) d 19454 195
Goodyear T & R of
California pref.
Deben stock ..100 10714 10854
96
96%
Goodyear T & R of
Durham Hosiery. 50 d 8
10
Preferred____100
30
Canada pref. .100 r 104
55
105%
Eagle Lock .
25 d 109
Gorham
M
fg
com
(t'
d
114
36
38
Eagle-Picher Lead 20 d 26
Preferred_____100 107
28%
110
Eastern M fg. . . 5 d 514
6% Gotham Silk—
Preferred_____100
28
Hosiery (voting) _f d 65
32
66
East Roll Mill
+ d 24%
Non-voting_____ j d 65
66
25
Eastern SS Lines. 5 d 47
7 % pf (with war) 100 107% 10754
48
9
1st pref__ _ 10o
91
d 8%
94
Non partlc pref
d 35%
36
129
130%
Eastman Kodak _t dx!30% 131%
Preferred__
100 103% 104
Preferred__ .100
118% 120
Grat & Knight___ t d 15
18
Eaton Axle & Sp t d 26%
New p r e f ____106
65
68
27
Eisenlohr (Otto) &
Gray & Dudley. 100
84
86
Bro
.
____25 d 14%
Preferred . _
102
105
1454
Preferred_____100
94
117
96
Gt A & P T e a pf.100 115%
Electric Auto-lite (t) d 74%
74% Gt Lakes T ow __ 100
75
Electric Boat.
(t) d 14%
Preferred___ 100 100
14%
104
Electric Refrig___ t d 33 %
71
3354 Great Nor Pap .100 d 08%
Elec Stor Batt . t d 75%
118%
7554 Great West Sug .25 d 118
Elgin N Watch__ 25 d 74
Preferred_____100
117
118
75
Elk H Coal Corp t d 9
Grnfld Tap&D pflOO
10
98
95
Preferred___ .50 d 22
Grennan Bakeries, t d
23
Ely Walker Dry
Preferred ___100 100
102
Goods__ __ . .25 d 31%
d
32%
111
Guantanamo Sug t d 8%
1 st preferred ..1 00
9
2d preferred 100
87
Preferred__ .100
90
100
96
Emerson Brant
Guardian Invest’t
Corp cl A .........(t) d 7%
Corp units___ _t d 98
9
100
Class B__ . .
(f) d 2%
Gulf Oil Corp . .25 d 94%
94%
9
Emporium C orp.(t) d 36
36% Gulf States St’l__100
64
6354
Endicott-Johnson. 56 d 67
68
1 st preferred..100
105
107
Preferred____100
116% 117% Hale & Kilbum . .100
Eqult Office Bldg—
Preferred___.100
Preferred .
100 122
12354 Hamil-Br Shoe ..2 5 d 36%
37
Erie Steam Shovel 5 d 26%
26% Hanna (M A) 1st
7% preferred- 100 106
108
p referred ____100
61
60%
Eureka Pipe L 100
49
(t) d 12%
4954 Harbauer C o.
Eureka Vac Clean t d 65%
65% Harb-Walk Ref. 100 1 31
Preferred___ 100
Preferred .
100 108
Exch Buff C oro. _t d 18%
18% Harris Auto Press(t) d
Fair (The) Chic__ t d 29%
Hartman Corp cl A ’ t d 26
30
27
Preferred ._ 100 104
Class B
+ d 26%
107
26%
Fairbanks C o____25 d 3
Hart, Schaffner &
4
Marx______
100 110
8% non-vot pf 100
5%
8
111
Fairbanks Morse 1 d 40%
41
Hawaiian Com &
108
Sugar-------------- 26 d 48%
P referred __ 100
112
Fajardo Sugar__ 100 158
Hayes Wheel____ j d 21%
159
22
Falls Rubber__
f d 1
Preferred___ 100 101% 103%
4
Preferred____ 25 d
Hazel-Atlas Glass_25 d
15
k 48%
Famous PlayersHelme (G W) Co
Lasky Corp_ _t d 112
Common______ 25 d 86
112%
87
Preferred ._ 100 120
121
123% 130
Preferred__ .100
Famous Players—
Hercules Powder 100 180
184
Can Corp com . 100 r 29%
30
Preferred___ 100 116
117%
First pref. _ .100 r
99
Herr-H-MarSafe 100 185
195
Fay & Egan co m .100
25
40
Heywood-WakePreferred_____100
60
field C o _____100
90
55
60
Federal M ot Tr
t
28%
29
Preferred____100
92
96
Federal Sug Refg. 100
Hoe (R) & Co cl A _t d 30%
40
3054
P referred ____100
60
Hollingsli’d (RM) Co
5th Ave Bus term t d 13
14%
Common _ .'__ t d 5
10
Federated Metals t d 1254
Units .
__ _t d 80
13%
Firestone T& R ub.lO d 128
Holly Sug C o_____t d 32
129
34
6% 1st p r e f ... 100 104
82
104%
Preferred_____100
85
7% 2d pref__ 100
99%
99% Hood Rubber_____t d 42
42%
First National
Preferred_____ 100 100
102
96
Pictures Istpf-lOO
99% Hood Rub Pro pf 100
104%
First Nat S tores..(t) d 28%
29% Hooven Owens &
Fisk Rubber c o m .-t d 18%
18%
Rentschler pf.100
90
100
85
1st preferred. .100
85% Horn & Hardart(NY) d 52%
54
1st pref conv DflOO
99
100% Horn & Hard’t (Phlla) 225
250
____
2d pref 7 % ...1 0 0
Household Prod . . t d 48
48%
Fleishmann C o___ t d 50%
50% Houston Oil ctfs. 100 120% 121
Preferred 6 % . 100
Preferred ctfs .100
92%
94
Ford Mot of Can 100 478
482
Howe Scale pref. 100
72
76
Fostorla Glass__ 100 d 150
Hudson M ot C a r ..t d 66%
66%
Foundation C o____t d 84%
8454 Humble Oil & R ..2 5 d 57%
5754
Fox Film cl A __ _t d 68
68% Hupp M otor_____10 d 22%
2254
Fox Theatres A com f d 22
22% Hutch Sug P ltn ._25d 13%
14%
Franklin (H H) Mfg d 14%
Hutto Eng Corp _(t) d 7
15
7%
Preferred_____ 100
78
Hydraulic Pr Br.100
80
4%
454
Freeport Tex Co__ t d 4554
Preferred_____100
46
75
Illinois Brick_____ 25 d 5054
51

cen t

of val.

M

ar

., 1 9 2 7 . ]

Stocks.

Par■ Bid.

Ask.

S tocks.

Par.

Bid.

Ask.

Per share.
Per share.
Lord & Taylor_1001 225
Illinois Pipe L __ 100
138
137
1st preferred ..1 0 0
95
Imperial Glass..100
100
72
2d preferred.. 1001 105
Imperial Oil new____ d 44%
115
44%
Lorillard (P )_____ 25 d 29%
Imperial Tobacco
29 %
Preferred_____1001 114
of Canada c o m ..5 d 6 %
116%
Imperial Tobacco
Louisiana Oil R ef (t)'d 15K
15%
6 % % pref------100|
95%
o f Gt. Brit & Irel’d
26
97
25%
Indepen Brew’g__50
3% Ludlow M fg Assn (t) d 177
180
Preferred______ 50
5% Ludlum Steel_____t d 30%
30%
~5%
Indep Oil & Gas__ t
30% Lukens Steel_____50 d
30
MacAndrews &
Indep Pneum T o o l.t
55
53
Forbes________ (t) d 40
Indiana Pipe Line 50
41
67
65%
Preferred_____1O0 102
14
Indian M otocycle__t
15
Mackay Cos (See P ublic U tiiities)
7 % preferred - . 1O0
93%
Indian Ref com __ lO
~8 % Mack Trucks Inc. . t d 105% 106
8 %
1st preferred..100 109
Stock tr ctfs__ 10
8%
110
8%
2d preferred-.lOO 104
Preferred_____1O0 100
106
103
29% Macy (R H )______t d 138% 140
India Tire & R u b . (t) d 28
Mallison (H R )____t d 13%
94
15
Ingersoll-Rand __(t) d 92%
Preferred_____100
Preferred_____lOO 110
64
64%
Inland Steel_____(t) d 42Vs
4 3 " Manati Sugar__ lOO
40
45
Preferred_____lOO
Preferred_____1O0
113
76%
75%
112 A
Intercont Rub___ t d 14%
64
64%
14% Manhat El Sup___ t
Manhattan Shirt_25
27
115
Interlake Steamsh (f d 110
28%
Preferred_____lOO 119
Int Agr Cor com__ t d 9 H
10 %
Prior p r e f___ 100
63
54% Maple Leaf M ill. 100
64"
63%
Preferred____ 100
Int Business M ach.t
99
100
60
59 Vs
Maracaibo Oil Expl t
Inter Button Hole
19
19%
Marland Oil______ t
Sew Machine..10^d 6
565-1!
56%
Marlin-Rockwell
Int Cement C o n ) ..t d 51%
52
Corp v t c ______ t
34%
Pref (7 % )____ 100, 106
35
106%
Marmon Motor C __
Int Cigar M ach. 100 124
57
57%
22%
Int Combust E n g ..t d 62
62% Martin-Parry O or.t
23%
Mason Tire & R __ f
Int Educational
j
2%
3
Preferred_____100
Publishing co m .50 d 5c.
15c.
17
20
Preferred______ 50 d 4%
93
5% Mathi’son Alkali.50
94
Preferred________
Int Harvester___1001
163% 163 %
106%
Preferred_____ l00| 127
127% May (The) Dept
Stores Co com . . 25 d 70
Internat Holding__ \d 2.40
2.60
70%
Preferred_____100 125 %
Internat’l Match— j
63
Maytag C o_______ t d 26%
Partic pref_35 d 62 %
26%
Int Mer Marine. 100
7%
52
54
7% McCall Corp___ (t)
McCrory Stores__ t
Preferred_____ 1001
43% 44
60
61
Non vot cm cl B . t
Inter Nickel_____ 25 d 42%
58%
43
60%
Preferred (7%)1O0 100
Preferred_____ 100 l03
104 Vs
100%
Inter P aper______(+) a 55%
30
34
56% M engelCo______ lOO
Merc Stores_____100
6 % preferred. . 1001
102
105
7% pref______ 100j
99
99% Merch & Mfrs—
Secur Co p r e f..25 d 28
Internat Petrol____t|d 33 %
29
33%
Inter Salt_______ 1001
70
70% Merg Linotype.. (t) d 108
109
M errim acChem ..50 d 77
Internat Shoe_____t d 162
165
81
Preferred_____100 108
108% Metal Door & Trim
Inter Silver_____lOO 118
Units__________ 50
121
55
60
Metro-Gold Piet..2 7
Preferred_____lOO 106
25 %
26 %
Int Text Book__ 100
3%
2 9 " Mex Eagle Oil_____5
5%
25%
Intertype Corp____t
8%
23% Mex Seaboard O il-.t
22%
8%
Mexican Petroleum. 200
Iron Prod Corp___lO
225
79
Michigan Sugar.. 10 d 2 %
J R Montgomery 1O0
3
25
P referred_____lO dn 5%
Preferred_____100
6 %
50
Jewel Tea_______ (t)
58% Mld-Oont P e t .- .(t ) d 35%
57 %
35%
7% preferred.. lOO 103
Preferred_____100
127
104
124
Mid States Oil__ 10 d 2 %
Johns-Manv. Inc + d 210
235
3
Ctfs of dep_____lO d 1 V8
New common *100 d ____
1%
Midland Steel
New preferred *100 d ____
Products pref. 100 115% 118
Johnson Tin Foil
Midvale C o_______ t d ____
& Metal______ 100
23%
65
Jones Bros Tea____t d 16%.
34%
16^ Miller Rubber, comt d 33%
Preferred_____1O0 101
Jones & Laughlin
101%
Steel 7% pref. 100 119%
91%
87%
119M Mirror (The)
Jordan Motor C a r .f d 18%
17
18M Mohawk Rubb.-lOO
Preferred_____100
K O S tk Yds M e. 100 106
64%
Montgomery Ward
Preferred_____100
83
Co common____10 d 65Vs
Kanawha & Hock
66Vs
Class A ________ t d 114
Coal & Coke_100
115
Moon Motor C a r .-t d 9%
Preferred_____100
10
Morris (Philip)__ lO d 37%
Kans & Gulf C o .. 16 d . . .
38%
Kayser (Jul) & O o .t dx 515
51% Morse Twist Drill
& Machinery__ 50 d
1st preferred___ t d 121
122%
85
Keith (Geo E) Co—
Motion Pic C a p .(t) d 11
12
qq
Moto Meter Co A . . + d 36
1st preferred.. 100
101
36 %
Kelly-Springf Tire 25 d 10 ^
22%
1 0 % Mot Wheel C orp.(1) d 22 %
6% cum pref. .108
42
26
25%
48% Mountain Prod__ lu
8% 2d p r e f ...100
44% Muller Bakeries A . . t
27%
43
28 %
Pref with warr.100
Kelsey Wheel___100
77
80
115
Mullins Body_____t
Preferred_____100
113% 116
12%
li
Preferred_____100
Kendall M fg---------1 d . . . .
80%
5
85
Preferred_____100
Munsingwear In c._ t
39%
38
20
Keyst Tire & R ...1 0 d " %
38^
39
% Murray Corp n e w ..
Nash Motor (no par)
Kinney (G R )------- 1 d 25
26
68 ^
69
Nat Acme stpd__ 10
Preferred_____106
81
80%
5
4%
National Baking, (t)
Kirby Lum ber.. 100 175
210
9
9%
Preferred_____ 100
Knox Hat co m _ .(t d 100
110
86
81
Nat Biscuit______25
$7 cum pref___(t! A 97
99
98
101
Preferred_____100
Cl A partic
95
132%
131
' pf
P f-(f d 90
Kraft Cheese_____25 d 60
Nat Candy_____100
61
84
86
Kresge Dept Stores t d 16
1st preferred. .100
17
113
2d preferred..100 103'
Preferred_____1O0
71%
80
Nat Carbon pref. 100 129
Kresge (S S) Co
139%
Com (vot)------- 10 d 49
49% Nat Casket c o m .(f) d 75
80
Preferred_____lOO 112
Preferred $7___ (t) d 106
110
1 1 2 Vs
Nat Cash Reg A .(f ) d 40
Kress (S H) & Co 100
61
63
40%
Kupp'h'mer (B )---- 5 d 38
39% Nat Cloak & Suit 100
32
31%
Preferred_____100
Preferred_____100
103% 108
88
90
Laclede Steel------100 160
Nat Dairy Prod__ t
185
76 Vs
77%
Nat Dept Stores__ f
22
Lago Oil & T rans.(t) d 21 Vs
27%
26%
Lake Sup Corp. _lOO
1%
1st preferred.-100
2
92%
91
Lake of the Woods
Nat Dist Prod__ (t)
24%
24%
Milling_______ 100
Preferred_____(t)
159%
53
51
Preferred_____100 r 114% 115
Nat Enam & Stpg 1O0
28%
29%
Lambert C o_______ t d 70%
Preferred_____100
70%
83%
83%
Landers, Frary &
Nat Fire-Proofing 50
8%
Clark_________ 25 d 92
94
Preferred______50
28%
Lanst Monotype 100 x 93%
Nat Fuel Gas--------95
212
225"
Larrowe Milling__ t d ____
National Lead. .100 175
176
Preferred_____lOO 118
Laurentide Co_.100 r 101 Vs 1 0 2 "
118%
Lee Rub & Tire____t d 7%
7% National Leather. 10 d 2 Vs
3
Leh Coal & Nav__50 d 109
Nat Ref com _____25 d 37%
110
39
Lehigh Valley Coal. d 41%
Preferred_____100
42
130
Lehigh Val Coal
Nat Sugar Refg.lOO 128
132
Sales___________ 50 d 98
Nat Supply C o— 50 d 93%
99
94
Preferred_____ lOO 116
Lehn & Fink P ro d .t d 85%
36
117
Libbey-Owens
Nat Tea com ______t d 116
120
Sheet Glass____ 25
s 137
Nat'l Transit..12.60 d 14
14M
Natomas Co of Cal
____
Preferred_____1001
preferred_____100
Libby. McNeil &
50c.
Libby__________ 10 d 10
10 ^ New Bedford Cord­
24%
Life Savers______ (t )!d 23M
age com ----------- 10
42
Llg & Myers Tob.25|d 92%
Preferred_____ 1O0 104
92%
New Departure
92
Common B ____ 25 d 91 Vs
Mfg pref_____100
Preferred_____100
126% 128
110
Lima Locom W ks.tid 71 Vs
72% New Egyptian Portl
Lindsay Light____ 10 d 1%
2
Cement com_(t)
8
9%
Preferred_______10 d 7
7% pref...........100
9%
100
90
54% New England Spun
Liquid Carbonic__ t d 54
Silk pref______ 100
Lit Brothers______lO d 24
108
25
Loew’s Inc_________ t d 54 %
186
54 Vs N J Zinc_______ 100 183
Loft Inc___________t d
5%
6 Vs iN J Worsted Mills
Long Bell Lum A (t) d 41 %
8% pref-------------42
90
95
New Mexico &
Loose Wiles B is. 100 160% 164
Arizona Land___1 d 1 2 %
1st preferred..lOO 118
13
2d preferred-.100 155
170"

S tocks.

Par.

Bid.

Ask.

S tocks.

Par.

Ask.
Per share.
40%
42Vs
97%
97%

Reid Ice Cream__ t d
Preferred_____1001
Reis (Robt) & C o . . t d 7
7%
1st preferred ..1 00
75
Remington Noiseless
Typewriter A __ f d
157%
Remington Typ.100 156
112%
1 st preferred.. 100
113%
2 d preferred. .1 0 0
U4Vs 115
Reo M otor Car___10 d 2 1 %
21%
Replogle Steel_____f d 1 1 %
11%
Repub I & Steel. 100
72
72%
Preferred_____ 100
102
102%
Repub M ot Tr v t c .f d 4
4 Vs
Reynolds Spring. _ -j- d 4
4%
Reynolds T ob____25
120
B common_____25 100
25
100%
Rich & Boynton
13
Partic pref______ t
250
Richmond Rad__ (t)
21%
22
102"
Preferred________
85
Rocky Mt F u el.. 100
2%
*5
60%
Preferred_____100
3%
7%
36
Rome Brass & 0.1 00 137
143
Rome M fg_____100
103
75
13% Royal Bak Pow.100 172
180"
85
Preferred_____100
100%
101%
Royal Dutch Co N Y d 51%
52
1 0 5 " Safety Cable C o. (t) d 60%
61%
37% Safety Car H & L I00 127
130
6 6 % St L Car C o7 % p f 100
93
90
33% St L Cot Com p. .100
108% St L Nat Stk Y ..1 0 0
86"
84"
108% St L Rocky M t &
Pacific Co____100
23
110
20
8%
Preferred_____ 100
60
57
70% St Regis Pap, corn d 40
50
60
97
100
Preferred_____ 100
115
Salt Creek Cons Oll. d 7%
8
79 ^ Salt Creek P ro d ..10 d 30%
31
117
San Cecil Sug pf_100
108
Savage Arms____100
67"
65
16% Sav Riv Lum pf.100
2%
142"
■ 48% Savan’h Sug c o m ..) d 138
120
25
Preferred_____100
117
55
Schulte Retail S t ..t d 47
48
39
Preferred_____100
116% 117
66
lVs Scovill M fg______ 25 d 63
Seagrave Corp____t d 1 2 %
35
13
10 Vs Sears, Roebuck &
Co common_____ t d 55
55%
Seiberling Rubb__ f d 2 2 %
23%
63%
Preferred_____100
97% 100
96
63% Shaff O & R pf-.100
93
Sharon Steel Hp__50 d 22
23
Shattuck (Frank G) t d 63%
64
33% Shell Transp & Tr £2 d 46%
47 Vs
15% Shell Union Oil____f d 30%
30 Vs
74
107%
Preferred_____100
108J-6
Sherw-Williams __25 d 48%
130
49
1st pref A __ ..1 0 0
107 %
106
~7% Sher-Wms C a n .. 100 r 146
152
80
Preferred_____100 r 117
Shredded Wheat, (t) d 58%
59"
137
24% Shubert Theatre.(t) d 60
60%
Simmons Co______ t d 39%
42
39%
24
Preferred_____100
109%
109
29
Simms Petrol C o. 10 d 2 1 %
21%
2 2 % Simon (Franklin) &
102%
Co pref----------- 100 1 1 2 % 113%
14
Sinclair Cons O il..) d 21
21%
Preferred_____100
103
102%
36
384
99 Vs Singer M fg_____100 381
Singer M fg Ltd__ £1 d 5%
78
5%
Skelly Oil________ 25 d 36%
36%
1
131% 132
1 % Sloss-Sheff S & 1 .100
P re fe rr e d .___100
108%
108
17%
Smyth M fg C o ..100 350
Solar Refining__ 100
196"
190
Sonora Phon p fd . 100
42
126
37
Southeast E x p .. 100 102
104
63
44% South’n Bak, com _ 143
148
44%
Preferred________
South Dairies A ___f'd 35M
36%
54
Class B _________ fid 1 2 %
89%
13
58% Southern Ice Util A (t) Id 17
Class B ______ (t)'d
46%
1st preferred__ (f) d 8 7 "
95
Southern Pipe L New d 17
18%
38%
2 1 % South Penn Oil___25 d 38
93% So Porto RicoSuglOO 172K 174
Preferred_____100
126%
120
15'< S'west Pa P L__ 100
65
64
3% Spalding(AG) & Bro
106
16%
103
1 st preferred.. 100
Spanish River Pulp
& Paper M __ 100 r 100
101
115
Preferred_____ 1O0> 114%
11
12
Spear & Co, te m p ..t d 10
35
78
72
P r e f_________ 100| 72%
25 Vs
3Vs Spicer Mfg Oo____t d 25%
Preferred_____100
108
270
105
90 I 100
100 % Stafford Co pref. 100
Standard Milling 100
75
77%
90
89
,
6% n-c pf new .100
58 Vs
84
58
!
Stand Oil (C al)._(t)
Stand Oil (I n d )...2 5 d 7 0 ^
36
70 Vs
Stand Oil (Kan)__25 d 18
18%
81
119
Stand Oil (K y ) ...2 5 d 118^
48%
7 9 " Stand Oil (N eb)-.2 5 d 47%•
99M Stand Oil of N J ..2 5 d 3-9 I 39%
116
Preferred_____1001 114%
53
147 % Stand Oil of N Y . .25 d 32%
32 Vs
Stand Oil (Ohio).100i 331 i 334
90
Preferred_____100 117 I 118%
54%
Stand Plate Glass. _ t d 3
84
3Vs
20
8
Preferred_____1001
180
50
Prior pref_____lOOj
165
87
Stand Sanit M fg. .25 d 86
112
Preferred_____1001
28%
107"
47% Standard Screw .100 103
Preferred A __ 100] 101
58
~6
Stand Tank Car__ t,d
4
184
42
38
Preferred_____1001
73%
6
43% Stan Text Prod. .100
Preferred A __ 100
27%
33%
12%
14%
Preferred B __ 100
88%
1 1 4 " Stanley Co of Am __ d 88
Stanley Works__ 25 d 72
74
54
Preferred______ 25 d 27
52%
Steel Co of C a n .. 100 r 125
126"
105
Preferred_____ 100 r
135
184
Sterling Products (t) d 9 5 ^
96%
96
54M Stetson (J B )____(f) d 94%
40
Preferred______ 25 d 37
53
66 Vs
47% Stew-Warn S p eed ..t d 6 6 %
Stromberg-Carls
I
99
Telef Mfg
40
52
Stromberg Oarb__ t d 51%
16
53%
1 % 8tudebaker C o r p .- fd 53
Preferred_____
_______
100 _______
120
121%
76
n Nominal
r Can
it Last sale. I Par value $100

New Niquero SuglOO
65
N Y Air Brake
f
46%
N Y Canners I n c .- t d 17%
$6 preferred__ (t) d 48%
N Y Dock______100 d 32
74
Preferred_____100
32%
N Y Transit___ 100
Nicholson File. .100 207
19
Niles-Bem't-P'd.100
82
Preferred_____100
Nor & W Stboat.100 280
North & Judd____25 d 22
Northern Pipe L.100
79
4
Norwalk T & Rub 10
Preferred____loO
Nova Scotia Steel &
Coal pref_____100
Nunnally Co______f d 12%
Ogilvie FI Mills newf r 245 %
Preferred_____100 r 122
Ohio Brass pref. .100
_+
Class B ____
84
Ohio Oil_________ 25
60%
Oil Well Supply__ f d 35
Preferred_____100 102
Omnibus Corp v t c.| d 13%
84
Preferred A __ 100
73%
Ontario Stl ProdlOO
100
P referred____100
Onyx Hosiery__ __ f d ____
Oppenheim Collins, t d 6 6 %
Orpheum Circuit. .1 d 33 Vs
Preferred__
100 105%
Otis Elevator____50 d 108
Preferred_____100 d 109%
Otis Steel_________ -f d 8 Vs
Prior preferred.100 d 68
Outlet Co com __ (f) d 59
Preferred_____ 100
106
Owens Bottle___ 25 d 79%
Preferred_____100
116%
Oxford Paper pfd" 100 106
Pacific Coast Biscuit
16
Preferred..
48
18
Pacific Coast C ol 100
50
1 st preferred. .100
34
2 d preferred. . 1 0 0
Pacific Oil stubs ._ t
1%
Packard M otor__ 10
34%
10%
Paige-DetroitMot(t)
Pairpont C orp .. 100 190
Pan Am Petrol &
62
Transp com ____50
Com Class B __ 50
63 ^
Pan Am West Petrol
Class A com ____t
Class B com ___ f
33
Panhandle P & R . . t
15%
72%
Preferred_____100
129%
Paraffine Cos com
when issued d 53%
7
Paragon Refg____25
72
Preferred_____1O0
Parke, Davis C o..2 5
24
Park & Tilford Inc. 1
41
Pathe Exchange A .j
22
Peck, Stow & Wile 26
Peerless M ot C ar.50
Penick & Ford___ t d 2 2 %
102
Preferred_____1O0
Penn Coal & Coke 50 d 1 2 %
Pa-Dixie Cement._t d 35%
Series A pref. .100 x 99
Penn Salt M fg__ 50 d 77
Penn Seab Steel__ t
1
Penn Traffic___ 2%
17
Penn-Mex Fuel__ 26
Penney (J C) pf.100 104%
Pettibone Mull__10f
124~
Phelps-Dodge__ 100
Phila Insul Wire__ ]
Phil & Read C & 1 .1
44iNs
Ctfs of int (w 1)_■(
43%
Phillip-Jones Corp. 1
52
83
Preferred_____100
Phillips Petrol_____1
58
Phoenix Hosiery__ 5
45%
104
Preferred_____100
Pierce-Arrow Mot
Car Corp_______ 1
21%
92
Preferred_____100
Pierce Oil Corp___25
14
Preferred_____100
3%
Pierce Petrol______1
Pigg Wigg Corp__ t
15%
Preferred_____1O0 d ____
Pittsb Brewing__ 50 d 4
Preferred______ 50 d 10%
Pitts Coal (P a ).. 100
34
Preferred_____lOO
71
Pittsb Oil & Gas___5 d 3%
Pittsb PI Glass.. 100 245
Pittsb Steel pref. 100
98%
Pittsburgh Steel Fdj
com __________ (t
26
Preferred_____ 100
80
Pittsb Term Coal 100
35
Preferred_____100
79
Plimpton Mfg Co 100 105
Porto Ric A Tob.100
75
Postum Cereal____1 d 99
Prairie Oil & Gas .25 d 52%
Prairie Pipe L __ 100
147
Pratt & Whit jpf. 100
86
Pressed Steel Car 100
53%
Preferred_____100
81
Proc & Gamble__ 20 d 179
8% Preferred. 100 162
6 % preferred ..1 00 1 1 1 %
Prod & Ref C orp.50 d 28%
Preferred______50 d 47 Vs
Pro-phy-lac-tic B r(f) d 56
Pullman Co_____ 100 182%
New corp_____ (t) d ____
Punta Alegre Sug.50 d 43
Pure Oil Co______ 25 d 33
6 % preferred . . 100
97
8% preferred-.100 112
Purity Bak cl B (vot) t d 53
Cl A (non-vot).25 d 51%
7 % pf (non-vot) 100 101
Quaker Oats____(t) d 182
Preferred_____1O0 108
Radio C o r p ______t d 5 4 ^
Preferred______50 d 52%
R IS ilkH osM (v)-10 d 47%
Pref (votin g).. 100
92
Reece Button-Hole
M achine______ 10 d 15%
Reece Fold M ach.lO d
Regal Shoe pref____1 74

73
46 %
17%
51
38%
75
33
212
20
85
290
24
80
4%
60

■I Purchaser also pays accrued d lv . 5 Assessment paid, d Price per share, not per cen t,
adian price s Sale price. ( New stock, u Ex-cash and stock d iv . e E x-stock d lv. z E x-d iv. v E x-rights, t W ithout par v a lu e .




47

INDUSTRIAL AND MISCELLANEOUS STOCKS

48

INDUST. AND MISCEL. STOCKS—MUNIC. BONDS i

Stocks.

For.

Bid.

S tocks.

Par.

Bid

Stocks.

Ask.

Par.

Bid.

Ask.

Stocks.

[Vot. 124.
Par.

Bid.

Ask.

Per share.
Per share.
Per
Per share.
Stutz M otor Car_-t|d 19P
Univ Pipe & R a d -.t d 30)4
18
1954 United Cigar Stores
3054 Weston El Instru_f d 1754
of America_____25 d 9454
Preferred_____ 100
84
Submarine Boat__ t d
86
Class A ________ t d 33
33)4
2)4
95)4
2M
Sugar Estates
Preferred_____100 127)4 132
Utah-Idaho Sugar.6 d 154
2
52
Westmor’d C o a l..50 d 50
United Drug___ 100 165
Orlente pref__ 100
72
60
75
56
16654 Vacuum Oil______25 dx 100)4 100)4 W Va Pulp & Pap__t
First preferred.50 d 58)4
Vanadium Corp__ t d 44
52
Preferred_____
51
59
Sullivan M ach’y .(t )
102
44)4
96
Sun Oil_________ (f)
Van Camp Pkg com
32
7
12
Wheeling Mold &
10
3254 United Dyewood.100
6)4
Preferred_____100
Superior Oil_______ t
13
Preferred_______
5%
16
Fdy common____t
30
45
k 11)4
554
Superior Steel__ 100
Van Camp Prod pf50 d 90
Un Eng & F d y ..100 190
23
21
k 40
200
Preferred_____ 100
d r ____
Preferred_____100 113
2nd pref_______
Swan & Pinch Oil.25
17
k 37
16P
95” Wheel Steel Corp 100
Swedish-Amer Inv
United Fruit______t d 122
12
123” Van Raalte C o ___ t d ____
Preferred A __ 100
k 105)4
Partic pref___ 100 108
Unit Paper BoardlOO
109
1st preferred.. 100
k 121
16
19
62)4
Preferred B __ 100
6254
Preferred_____ 100
Vick Chem________ t d 55)4
12
Sweets Co o f Am_10
12 P
60
70
55)4 White Eagle Oil
Untd Sh Mach Co25 d 54
Swift & C o_____100 11954 120
& Refining______ t
37)4
26)4
54)4 Victor Talk M ach(f) d 37)4
2654
Preferred______ 25 d 28)4
Swift Internat’l .-1 5
7% prior pref. 100
21
20 P
29
58 M
98)4 White M otor_____50
58)4
9854
U S B o b b & Shut. 100
Swinehart T & R.100
91
Com Conv pref(f) d 90)4
White M ot Sec pflOO 106
20
25
Preferred_____ 100
Symington C o_____t
Victor Talk o ld . 100 149
'5
4p
25”
90
95
152)4 White Sew M ac com
22)4
U S Can com ______ f d 40
Class A ________ f
Victory Park Land—
10
9M
Preferred_____ (t)
49
45
49)4
Telaut’g’ph C o r p .-f
Preferred_____ 100
& Im pt__________ d 5)4
12
100
White Rk Min Spgsf
13)4
3154
31)4
Texas C om pany..25
U S Cast IP&FdylOO 225”
57
56 p
Whitman W m pf. 100
82
80
225)4 Va-Caro Chem (new co)—
Preferred_____ 100 111
10
C om m on_______ t d 954
Wick wire Spencer
57
Texas Corporation25
56 Vs
114
85
7% prior pref. 100
83
Tex Pac Coal&Oil.lO
1
15
Steel Trust ctfs.t
15)4 U S Dairy Prod—
Common A _____ + d 30
34
Texas Gulf Sulph.10
6% part p re f.. 100
33
24
Wiiiys-Overland. .25
5654
56)4
23)4
Common B ___ (t) d 9
Va Iron C & C ..1 0 0
92
11
45
Preferred_____ 100
195
91
44
Textile Banking. 100 190
U S Distrib_______ t d 53)4
Thompson-Starret _f dt 60
Preferred_____ 100
77
15
54
14)4
7954 Wilson & Co new__t
V Vivadou Inc____t d 3454
Preferred_____ 100
35
Preferred_____ 100 103
Class A _________ f
10 6 *
28)4
250
29)4
Preferred_____100 106
U 8 Envelope___ 100 180”
109
Thompson (J R)__25
Pref new_____ 100
50
81)4
4954
80)4
Preferred_____ 100 109
Tide W Assn Oil__ t
26
Winchester C o . .100
Vulcan DetinninglOO
21P
16
2154
25)4
Preferred_____ 100
Com class A _100
17
52
55”
94
1st preferred.. 100
94)4 U S Express_____ 100
3)4
254
U S Finishing___ 100
2d preferred_100
Tide Water O il.-.-.t
Preferred_____ 100 105)4 106”
28
27
69
65
20
Preferred_____ 100
Wolverine Portl Cem
87 >3
95
82
Pref (non-vot) 100
7% pref cl A . . 100
87
90
"6)4
88)4
554
Waldorf System__ t d 24
Timken-Det Axle. 10
42
12)4
38
1254 U S Glass________ 25 d 14
24)4 Woods M fg_____100
U S Gypsum_____ 20 dv 96)4
Preferred_____100
84
Preferred_____ 100
80
95 H
97)4 Waltham Watch &
Preferred_____ 100 116
43
Clock cl B ______f d 42
Timken Roll B ear.t
80
Woodward Iron. 100
77
9154
92)4
116)4
U S Hoffman Ma­
Prior pref_____100 115
90
Preferred_____ 100
87
Tobacco Prod__ 100 10754 108
chinery_________ t d 53)4
63” Woolw’th (F W)__25 127)4 128
62
Preferred_____ 100
53 Vs
Class A ______ 100 112 P
11254
Walworth C o____20 d 20
U S Ind Alcohol. 100
87
Torrlngton C o __ 25
70
69
86 J4
20)4 Worthington Pump
Preferred_____ 100 109
30
6 M ach______ 100
Transcont’l Oil____t
109)4 Ward Baking Corp—
2954
454
Com Class A ____t d 110
U S Playing Card. 10 dt 75
54
Transue & Williams
Preferred A ___100
78
5254
32
Com Class B ____t d 31)4
Steel Forging__ t
Preferred B ___100
45
13)4 U S Print & Lltho—
44)4
12M
94
C om m on_____ 100
Troy Fdy & M ach.25
Wright Aeron_____ t
Preferred_____100
31
5
75
77
93)4
30)4
Preferred_____ 100
102
Preferred_____ 100
5
97
40)4 Wrigley (Wm) J r._t
W arner BrosPiccl A 10 d 40
52)4
5154
U 8 Radiator____
Warren Bros______ f d 85
41
11
Trumbull Ste.el__ 25
86)4 Wurlitzer (Rudolph)
1054
Preferred_____ 100
1st preferred__ 50 d ____
100
Preferred_____100
7 % preferred. 100 no”
86)4
83)4
U S Realty & Imp__ t
2d preferred___50 d ___
Truscon Steel___ 10
8% preferred. 100
58)4
25)4
5854
2
U S.Rubber_____ 100
Warwick I & St__ 10 d 1
Yale & Towne____25
66
Preferred_____100 S 100)4
75)4
6554
74)4
Yellow
Truck
&
Wash Crosby pf.100 108)4 109
Underw’d Typew_25 d 48
48) 4 1st preferred..100 110)4 111
Washburn Wire .100 160
36
Preferred_____ 100 121
Coach M fg cl B . 10
28
28)4
122)4 U SSm R ef& M in.50
35)4
Washington Oil_10 d ____
Preferred_____100
99
47
97
49
49
U nB & P Corp__100
49) 4 Preferred______ 50
54
Wash Market___ 50 d 50
119
Young (J S) C o_100 115
k 110
Un Oarb & Carbon, f d 116)4 117)4 U S Stamping___ 100
109
Union Oil of C alif.25 d 52 H
Preferred_____ 100 105
59)4
52)4 U S Steel Corp--100 x 159)4 160)4 Weber & Heilbr__ t d 59
New w i______ 100 z 116)4 116)4 Wells Fargo & C o - .l
Un Oil Associates. 25
1)4
52)4
254 Youngstown Sheet
Preferred_____ 100 x 128)4 !29)4 Welsb'ch Co com 100
Un St Yds So OmlOO 130
& Tube________ t
133""
90)4
9054
50)4
West Dairy Prod At d 50)4
97
Union Tank Car. 100
Preferred_____ 100 108)4 109
97)4 U S T obacco______ f d 70)4
18
Preferred_____ 100 125
130
Class B v t c__(t) d 17)4
39
United Biscuit clA (t)
42)4
Westing Air Br’ke 50 d 151
152)4
Univ Leaf T o b .. (t) d 46
48
West’hse E] & M f.50 d 7354
Preferred_____ 100 102
73)4
105
TTnivers Pic 1st pf 100 101
1st preferred__ 50
81)4
102)4
85)4
a Purchaser also pays accrued dividend, 6 Assessment paid, d Price per share, not per cent, s With common stock bonus. * Las* sale, n Nominal.
r Canadian price. * Sale price, i New stock, u Ex-cash and stock dividend . e Ex-stock dividend, t Ex-dividend, v Ex-rights, t Without par value.

UNITED STATES AND MUNICIPAL BONDS

In reporting below prices for State and municipal securities, we give bid and asked quotations wherever they can be obtained. The custom,
however, is to quote municipal securities on the basis of the return they yield per annum. Therefore In most cases it will be found that instead o f actual
prices we have inserted in the column headed “ To Net” certain figures to indicate the interest rate at which business in the bonds is being done.
Thus 3.95% means that the particular security can be bought or sold at a price that will yield the purchaser or seller 3.95% per annum to the maturity
o f the issue. Where two figures appear, as for instance “ 3.95 to 4.00,” the rate of return varies according to the maturity— the shorter maturities yield­
ing the lowest rate, and the longer maturities yielding the highest return.
In State and municipal bonds the custom has always been to quote them “ and interest.” That is, the accrued interest must in all cases be added,
on. There are a very few which form exceptions to the rule— that is, where the prices given are flat prices, the accrued interest having been taken into
account in making them. These are indicat
To
To
To
Bid.
Ask. Net.
Bid.
Ask. Net
Bid.
Ask. Net.
Bonds.

Bonds.

Bonds.

UNITED STATES— See also pa ge 13.
2s Pan Can N ov 1938___ Q-F 10034 10146 ___
3s Panama Canal 1961__ Q-M
96 4i
07 H __
95
98
8s Conversions 1946-47__ Q-J
U S Certifs o f indebtedness___ b 3.10
3%
U S Treasury notes__________ 6 3.40 3 .25%
Instrumentalities o f U S Govt
Federal Land Bank— Farm Loan Bonds __
4 P s 1956 opt 1936---J& J 10046 10i 46
101
4 p s Jan 1957 opt ’37 J&J
4)4s 1937 opt 1922-M&N 10046 10046 __
l o o p __
446b 1938 opt 1923-M&N
4)4s 1939 opt 1924.M&N l o o p l o o p __
__
5s 1941 opt 1931- —M&N 102 % 103
4)4s 1942 opt 1932.M&N 101
101 Vs —
434s 1943 opt 1 9 3 3 -..J&J 1 0 1 Vs 101
4)4s 1953 opt 1933__ J&J 101 P 101 Vs
434s 1955 opt 1 9 3 5 ... J&J 10134 102
434s 1956 ont 1936— J&J 101 % 10234
454s 1953 opt 1933— J&J 102 P 102)4
454s 1954 opt 1934— J&J 10234 103
Fed’l Intermediate Cred Bks
43^s May 15 ’27__.M & N 6 334 3H %
434s Oct 15 1927-A&015 b 3)4 3M %
TE RRITORIES AND U. S. POSS ESSIO NS
Honolulu (City & County)—
4.30
5s Pub Impt 1956.-J&D 15
4.20
5s Jan 15 ’32-’56__ J&J 15
Hawaii.Terr,4)4s ’49.M & S 15 b 4.35 4.1.5%
4 P s Jan 1945 ____________ o 4 -35 4.15%
4s May 15 ’46 opt ’36.M&N b 4.35 4 .15%
4s Aug 1947 opt 1937.-F&A 6 4.35 4.15%
Philip Isl 534 s Sept 1950. Q-M 103)4 104)4
104
5s April 1 1955.______ A&O 102
434s July 1 & 15 1952..J&J 10034 101)4
99M 101
434s 1950-------------------------4s g L Pur '34 opt ’ 14--Q-F
99
96
4s P Wks & Imp 1935--Q-M
99
96
99
4s Impt 1936 opt 1916-F&A
96
Porto Rico 434s 1931-34 -J & J 6 4.35 4.15%
4 P s 1937-1940______ ..J & J b 4.35 4.15%
4s Jan 1 1944-1950.........J&J b 4.35 4.15%
4s gold 1927-1960..........J&J 6 4.35 4.15%
4s Road 1927-1930.........J&J b 4.35 4.15%
b 4.40 4.20%
5s July 1954_________
ALABAMA
4.15
4)4s Renewal 1950______ J&J
434s Road June 1927-1931.J&J b 4% to 4.15 %
4s renewal Class O 1956--J&J
99 4.06
4.06
834s renewal Jan 1956____J&J
Birming’m 5)4s ’27-’35-M&S2 5 4-10 to 4.30 %
4.25
5s School Apr 1 1950--A&O
5s School 1934________ J&J
5s Fund Sept 20 1941-M&S
4)4s School 1928-30__ A&O 6*4.05" to 4.15
4)4s School 1931-34— A&O
434s School 1942-48__ A&O
Jefferson County 5s 1949
4)4s July 1 1931_______ J&J
4.25
4)4s Hospital 1963___ J&J
Mobile 5s School 1943— J&D
5s Dock Nov 1 1947—M&N
4.35
5s Refunding 1949____M&S
4.35
4)4s Refunding 1937.-A&O
434s Water & Sewer '39.J&J
4.30

lOOPs

6 Basis,

f Flat price,




n Nominal.

Mobile Co 5s ref 1928— -M&S
5s Nov 1 1947

_ —M&N

5s Nov 1 1950

M&N

4H s Sch W W & Sew’44 J&J
Montgomery Co 5s 1935-A&O
Troy 6s Impt 1935______ J&J
ARIZONA
4 p s ref Apr ’38 opt '28-J&J15
Maricopa County S D No 1
6s Highway 1947-51-J&J 15
Phoenix 4 P s ’ 50 opt ’30—J&J
5s Jan 1 1954opt 1934--J&J
5s W W 1928-1950
_J&J

Tucson 5s Water 1950____J&J
4 K s W Mar 10 ’38—M&S10
ARKANSAS
Hot Springs 43is ’27-’50-M&S
Little Rock 446a ’27-30-M &N
446b Fund 1931-40__ M&N
446b Fund 1941-50— M&N
Little Rock S D 4s ’32-’55M&S
St Francis Lev D 6s 1947-J&J
546a 1945-1964_______ J&J
546a 1950-1969 . J&J
5s 1949 opt 1929
. J&J
CALIFORNIA
546s Highway 1927-37--J&J3
446a Univ Bldg Jan5’28-65J&J
446s Highway 1936-48.-J&J30
4 V s 1931-1947
F&A
4s Harb Imp 1985 opt ’60-J&J
Alameda 4s 1927 to 1941-J&D
446s Mun Imp '27-’48-A& 0
Bakersfield 5s 1927-52--A&O
Berkley 5s 1942-1951 — -J&J
5s School 1928-1955____J&J
Imperial Irrig Dist 6s ’38.J&J
Los Angeles 446b 1927-51-J&D
4s Water 1927 to 1945.M&N
346b Water 1927 to '41.A&O
4 P s Sch 1927 to 1944.J&D
446s 1927-1963 ____ A&O
5s Municipal 1927-61_F&A
546b Harb Im p.’27-’61M&N
Los A O 8 D 5 p s ’27-34 M&N
546a Nov 1935-60____M&N
5s 1927-1934
F&A
5s 1935-1964_________ F&A
Los Ang Co 446b '28-’49—F&A
Oakland 546a 1927-43..-F&A
446b Mun Imp '27-'43-F&A
446b 1928-1929............. F&A
446a 1930-1965-........... F&A
Oakland 8 D 4» 1927-44 J&J
Orange Co 5s 1928-45__ M&S
Pasadena 4s Jan 1928-42.J&J
446s Wat Pl’ t ^ -'S B .-A & O
* Tax free in Connecticut.

435
Redlands
J&J15
Riverside 5s
5s 1927-51—
1927-53___J&D
4.35
Riverside Co 5s '27-'54—M&N
4.30
Sacramento
4s
Jan
’28-’45
opt
4.20
4)4s Sew &Dr 1927-34-J&J
4.20
Sacram’to
Co
4)4s
’27-’46
J&D
4.20
San Diego 5s WW ’27-'54 A&O
4.30
5s Water 1934-53____F&A
4.35
5s Water 1927-63_____J&J b 4.40 to 4.50 %
4)49 Wh &Har ’28-’52-J&J
4.25
5s Municipal 1927-1960 J&J
4.35
5.40
5s School
1931-1966______
4.40
4)4s
Water
1927-1929.-J&J
4.25
4.40
4)4s
Water
1930-1964____
4.25
334s
g
July
1
1927-44--J&J
4.25
4.65 San Francisco (City &Countv)
b 4.35 4.25%
4.75
5s
Water
1930-1931___J&J
4.50
5s Water 1932-1951___J&J 6b 4.35
4.60
5s Water 1952-1969___J&J 4.35 4.25%
4.25%
4.50
4)48 Water '57. '58, '59.J&J b 4 .30 4.20%
4.50 San Joaquin Co 5s ’27-’49-J&J b 4% to 4.25
4.50 San Mateo Co 5s 1927-42-J&J b 4% to 4.25
4.80 Santa Barbara 5s ’28-41-JanlO b 4.45 to 4.60
4.70
4Ps
gold Aug 1943___F&A
b 4.40 to 4.45
CANADA—See
page 49.
4.50
COLORADO
to 5.60 %
99 P
Colo
SpgsWater
4s '29Mar
opt ’14.-M&S
5.30
96 P
4s Ref
1 1941__ 9854
97 46
5.30
b 4.05 to 4.15 %
4)4s
1930-1939_______
J&J
to 4.40 %
Denver
5s
Aug
15
’28—F&A16
101P 102)4
4.40 Denver (City and County)—
5.40
4)4s Water Nov 1948-M&N
4
5.30
4)4s
Water
1944______J&J
4
5.30
S
D
No
1
4)4s
1934-53-J&J
4.15
5.20
S
D
No
1
1930-1947---J&D
4.J5
MoffatTunlmpD5)4S44-68J&J
4.60
4.25
5Ms
1947-1956_______
J&J
4 60
4.05
5K
1964-1973.............J&J
4 60
4.05 PuebloCo4)48ref’31 op’21.J&J 99
100
4
Pueblo County S D No 20—
4.05
4)4s 1932___________ M&S b 4.20 to 4.25 %
4.30
CONNECTICUT
4.30 *3)48 April 1934...............A&O
3.80
4.45 *4s July 1936.....................J&J
3.80
-J&J
4.30 *5« July 1 1936........
3.80
4.30 Bridgeport—*5s 1927-49-J&D 6 4.05 to 4.15 %
102
4)4s Bridge 1927-65___J&J b 4.10 to 4.20 %
4*30
4Ps High Sch 1928-63-J&J b 4.10 to 4.20 %
*4)48 Sewer 1927-46-—A&O b 4% to 4.15 %
4.30
4.30
4 H a School 1927-49______
to 4.20 %
4.30
4.10 to 4.20 %
3)4b Improvt 1927-41-.J&J bb 4.10
4.30
b 4.05 to 4.15 %
*5s
Construc’n
1927-48
J&D
4.40 Bristol 4)4s Water 1939—J&J b 4-15 to 4.30 %
4.50
*5s July 1 1927-55___J&J b 4-15 to 4.25 4.05
%
4.45 Cheshire 4Ps 1928-45— J&J
Danbury 4s 1946 taxable,J&J
to 4.55 %
4.10
4)4s 1927-28 taxable..J&D
4
4.40
4.15
to 4.40 %
4)4s 1929-65 taxable—J&D
3) 4s Fund 1941 tax’le.A&O
4.30
4.10
4.40 East Hartford Fire District—
4.20
*5)4s
1927-1951...........M&N
to 4.50 %
48
Water
June 1933__J&D 6 4-30
4.15
4.20 Glastonbury 4)4s 1928-58-J&J
4.05
4.20 Greenwich 4ps 1931-33.-J&J
4.05
4)4s 1934-1942 tax exm’t
4.05
to 4.50 %
to 4.50 %
4.10
Groton
S
D
4)4a
27-60___
4.35
4.30
4.40
4.45
4.60
4.50
4.50
4.30
4.40
4.50
4.75

b 5.40
b 4.20

b

96

6 4.50
6 4.20
6 4.20
6 4.40
6 4.35

Mar., 1927.]
Bonds.

49

STATE AND MUNICIPAL BONDS
Bid.

Ask.

To
Net.

B onds

To
Ask. Net.

B onds.

Bid.

To
Ask. Net.

Serbs Croats & Slov (King of)
Austria (Prov of Upper Aus)—
Hartford 3 Ms Bdge '55—J&J 6 4% to 4.10
Ext 8 s 1962__________ M&N 101M 101H
Extl s f 7s 1945______J&D
*4s Water June '30-’39 J&D 6 3.85 to 4%
96 %
96M
Austrian Govt s f 7d '43-J&D 104
Swedish 6 s 1939______ J&D15 103 M 104
105
*4s Water 1940-45____J&D 6 3 85 to 4%
Bavaria (Ger’y) 6 Ms '45-F&A
5 Ms external 1954__ M&N 103 M 103 M
*4s Water 1927-1938........... ft 3 85 to 4%
99 M 99M
BelgGovt 7Ms yly to '45 J&D 112
Switzerland— 5 Ms 1929--F&A 101M 102
•4s Water 1929-1935______ 1 6 3.85 to 4%
112M
8 % Extl s f bds 1941--F&A 109
4s High Sch '28-’55____J&J
5Ms External 1946__ A&O 103 M 103 Vs
4% to 4.10 %
109 M
S F gold 8s 1940______ J&J 113M 113M
4Ms Munlc Bldg ’33--M & N
E x tl 6 Ms 1949_______ M&S 100M 100 M
4% to 4.10 %
U S of Mexico 6 s A 1933____
External s f 6 s 1955____J&J
*4M sPermIm p 1927--J&D 6 3.75 to 4.20 %
95 M 95M
Hartf’dSD *4 Ms’27-’47-M &S b 4% to 4.05 %
Extl s f 7s 1955______ J&D 103 M 104
5s g Ext L ’n 1945 £—Q-Jan / 4 0 "
Stabiliz’n loan 7s 1956M&N 102 M 102M
Assent 4s war & sc on ____ / 41M
*4Ms Northeast 1959-J&D 6 4% to 4.05 %
42 M
Bolivia(Rep)Ext 8 s '47-M&N 103M 104
4s gold 1954___________J&D / 24
•4Ms 2d North 1944---J&J 5 4% to 4.05 %
Assent 4s war & sc on__ / 29 M 29 H
3Ms South Sept 1955-M&S i>4% to 4.05 %
Extl 7s 1958___________J&J
98 M
Brazil 8 % ext 1941_____J&D 106M 106 %
4s Ext 1910 war No 3 o n ..
4Ms Southwest 1944- -M&N 6 4% to 4.05 %
7s Cent Ry elec 1952--J&D
Treasury notes 6 s ext 1933—
*4Ms Wash’t'n ’28-’47-J&J 6 4% to 4.05 %
98
98%
Cash warr No 3 on __ J&J / 42 M 44 M
4s West Middle 1937--F&A 6 4% to 4.05 %
8 f 7Ms (coff.sec.’22) 1952— /104M 105M
Upper Austria (Prov) 7s’45J&D
6 Ms External s f 1957-A&0
Killingly(Town)4Ms’27-56J&J
93 %
4.10
94
97
96M
4
Manchester 4Ms ’27-'28-M&N
5s o f 1895-............................- / 6 6 M 67 M
Uruguay 8 s ext 1946__ F&A 109M 109 M
4.10
5s o f 1913— ..........................- /68
Extl s f 6 s 1960______M&N
4Ms 1929-1933_______ M&N
95 M 95 %
69
FOREIGN CITIES, &c.
4.10
4Ms o f 1883-................. ........ /68
4K s 1934-1944_______ M&N
69
Meriden (T) 4s ’27-’35--M &N
Baden Extl s f 7s 1951__ J&J 100 H 100M
4Ms o f 1888-......................... /65
66
96M
Bergen, Norway, 6 s 1949-A&0 100 H 100 M
Middletown 4s 1927-35-M&N &4.15 to 4.25 /o „
4s of 1900-............................. f5 7
58
4.10
Berlin 6 Ms 1950________ A&O 99 M 99%
Middletown (T)«4s 1930-F&A
4s o f 1910.......................
/54M
55 M
Bogota (City) extl 8 s '45-A & 0 103 Vs 104
New Britain (C) 3 Ms '32-J&J b 4% to 4.05 %
4s of 1889_________________ /57
58
Bordeaux (City) 6 s '3 4 --M&N
Bremen (State) 7s 1935--M&S 103 % 104
48 Munlc Bldg 1948___ J&J b 4% to 4.05 %
95 M 95 M
Buenos Aires, Argentine R ep.
4Ms School 1927-'40--F&A b 4% to 4.05 %
British— Cons 2 Ms op '23 Q-J 155
4 Ms School 1940-’52—F&A 6 4% to 4.05 %
4 Ms War Loan ’27-’45 J&D m
Guar 5s of 1909-1946 £.J&J P/88
90
4 Ms Water Aug 1941_F&A b 4% to 4.05 %
5Ms f Feb 1 1937_____F&A 104M 104 M
Exten 6 Ms 1955_______ J&J 1 0 0 M 100M
5Ms g conv Aug 1929—A&A 118M 118M
Carlsbad (City) s f 8 s '54. J&J 105 M
4 Ms Sch Aug ’27-’43--F & A b 4% to 4.05 %
Christiania (Norway)—
4.15 Buenos Aires (Prov) 7s '36J&J
4Ms Sch Aug 1929____F&A
97 M 98 M
•5s Park 1927-1943---F&A b 4.20 to 4.25 %
30-yr s f 6 s 1954______ M&S
Extl 7s 1957_________
S100
95
95 M
New Hav (O) 3 Ms '27- 35A&0 b 4.05 to 4.10 %
Extl s f 7s 1952_______ A&O
30-year s f 6 s 1955-—M&N i 0 1 M 101 M
94%
95 Vs
4s Sewerage 1927-’29 --A & 0 b 4.05 to 4.10 %
Extl 7 Ms 1947_______
99
CologneGerm’y 6 Ms '50M&S15 99 M 99%
99 M
•4s Apr 2 1940 tax-expt-A&O b 4.05 to 4.10
Bulgaria (Kingd) s f 7s '67-J&J 91%
Copenhagen 4s of 1901-M &N l 86
90
g i­
4Ms Paving Mar 1936-M&S b 4 .05 to 4.10
Caldas (Dept of) Colombia
5 Ms Munic Ext '4 4 --J&J 100
100M
External s f 7 Ms 1946-J&J
Cordoba (City) Argentine Rep
97 %
gs
4Ms 1943-1952----------------- b 4.05 to 4.10 %
Chill (Republic) 8 s 1941-F&A 108
•4Ms Paving Aug '37__ F&A b 4.05 to 4.10 %
7s extl s f 1957_______ F&A
98%
108M
Danish Cons Municipal Loan
Ext s f 7s 1942_______ M&N 100M 100M
•4Ms Mch 15 '27-’35-M&S15 b 4.05
_ . to 4.10 %
S f 8 s Nov 1 1946_____M&N 108M 108 M
•6 s ’36-’37-‘39-’40-’41—A&Oj& 4.05 to 4.10 %
8 % s f ext '46 ser A _F&A 110M 111
Extl s f 6 s 1960_____A&O
Series B ___________ F&A 110M 111
93
•5s 1927-1951_________ J&J ,6 4.05 to 4.10 %
93 %
4
Extl s f 6 s 1961_______ F&A
New Hav (T) *3Ms’ 27-29 J & J _____
5Ms 1955_________________
99
95 %
Dresden (Ger) extl 7s '45 M&N 102
New London 4s 1933____A&O 16 4.05 to 4.10 %
Chili Mtge Bk 6 Ms '57 J&D31
94 M 95
103M
Duisburg (Ger) 7s 1927-M&N
4Ms Imp 1931-1935__ M&S ’ 6 4.05 to 4.10 %
S f gu 6 Ms Jne 30’61 .J&D 31
6.10
96 M
Chinese Government—
7s 1928______________M&N
4Ms Park July 1942— -J&J, &4.05 to 4.10 %
6.65
7s 1929______________ M&N
Hukuang Rys 5s £_.J&D15 /27M
4Ms Water 1950______ F&A b 4.05 to 4.10 %
28 %
6.70
7s 1930______________M&N
5s of 1896 £ red 1933—A&O/ 181
Norwalk (O) 3Ms 1929--J&J
4.10
6.70
83
4 Ms of '98 £ red '4 4 .-M&S 162
4
4s Kef Sewer ‘27-’28__ J&J
Extl g 7s 1931-’45___ M&N
64
6.80
4.05
4s Sch Mch 1954-1964_____
Frankfort (Germany)—
4s (of 1895) 1931______ J&J
4.05
English stamped___
Extl 7s 1927-45______A&O 100 M 102M
4 Ms Sch Mch 1929-1953—
wf78
83
09
French stamped___
GermanCons Munic 7s’47F&A 100M 101
4.05
•4 Ms Improv t ’27-’39--J& J
wf77
Norwalk (T) 4 Ms 1942--J&D
4.15 Colombia Rep) 6 Ms '27-A & 0 1 0 0 % 100M
Havana— 1st 6 s 1939____Q-J 100
Cordoba (Prov) Argentina—
2d 6 s__________________ Q-J 98
Norwich— G & E 1931-.A& 0 b 4.10 to 4-30
4Ms Water Mar ‘39___M&S 6 4.10 to 4.25 1
Extl s f 7s 1942_______ J&J 98 M 98 %
Heidelberg (Germ)7Ms’50 J&J 105
105M
Costa Rica (Rep) ext 7s'51M&N
Hungarian Cons Munic Loan
4Ms 1931-1964_____ M&S15 b 4.10 to 4-25 %
95%
95M
4 Ms Refunding 1938--A&O b 4.10 to 4.25 %
Cuban 5s 1944 opt 1911—M&S 100M 101M
s f g 7Ms 1945________ J&J 100
100 %
4
Putnam (T) 4 Ms ’27-’46-A & 0
“ Extl” g 4Ms '49 op t—F&A
Extl s f 7s Sept 1946— J&J 97 H
97%
94 M 95
4Ms Water 1927 & ‘30-F&A
Leipzig(City of) 7s 1947 — F-A 101M 102 M
“ Extl” g 5s 1949_____F&A 101M
4
Stamford (C) 4s 1942-.-M & N 5 4.10 to 4.20 %
“ E xtl" s f 5Ms '53--J&J15 103
Lyons (City) 6s 1934—M&N
95 M 95M
Cundinamarca Dep (Colombia)
Marseilles (City) 6 s '34.M &N
Stamford (T) 4 Ms '28-’45 J&J 6 4.05 to 4.15 %
95%
95 %
*4M Sch 1927-1965---M&N b 4.05 to 4.15 %
Ser s f 7s 1946 ser A __ J&D
Medellin (Munic) (Columbia)
95 %
95
Czechoslovak Republic—
Stonlngton 4Ms ’28&’33-A & 0
4
External 8 s 1948______A&O 104 % 104%
•Stratford 6 s 1927-’31--M & S b 4.05 to 4- 20
Ext s f 8 s '22 due '51—A&O 108 M 109
7s extl Dec 1 1951________
95%
95%
Ext s f 8 s '22 due '52—A&O 108M 108 Vs
Torrington *5 Ms ’30-’35-J&J b 4.05 to 4 -20
M ontev’o(City) s f 7s '52. J&D 1 0 0 M 10 1 %
Extl 7Ms 1945 Ser A —A&O 106M 106 %
•5Ms Fund 1936-’41 ---J & J b 4.05 to 4.20
99 %
Oslo 5Ms 1946_______________
Denmark ext 6 s 1942_____J&J 104
•Wallingford (Town) 4Ms
Porto Alegre (City), Brazil—
104 M
Ext’l 5Ms 1955_______ F&A 101M 102
Sinking fund 8s 1961__ J&D 104M 104M
1933. '38. '43, '48. '53_____
Water bury 3Ms Sch'28-32 J&J b 4.15 4 .05%
Dominican Rep 5 Ms '42-M&S
99 %
S f 40-yr 7Ms 1966 — J&J 9 9% 101
99
5Ms Cust Adm 1940—A&O
4s Park July ’27-’58__ J&J 6 4.15 4.05%
Prague (Greater) City—
100
4s Water 1927-1939--J&J15 b 4.15 4.05%
Dutch E Indies 6s 1947--J&J 103 M 103
7 Ms loan of 1927-52.-M&N 105% 106M
4s Water 1940-1965--J&J15 b 4.15 4 .0 * *
E x t s f 6 s 1962________ M&S 103 M 103 M
Rio de Janeiro 8 s 1946_A&O 104M 104M
4Ms City Hall ’27-'63--J&J b 4.15 4.05%
Ext s f 8 s 1947_______ A&O 104 M 104M
Extl 5Ms Mar 1953—M&8 10 1 % 102 M
Extl 5 Ms Nov 1953--M&N 10 1 % 102 M
*4Ms Water ’49-’93__ J&J b 4.15 4.05%
7s 1960 (per 1000 milreis) „ $80 $100
Finland (Repub) 6 s '4 5 --M&S
5s s f loan of 1909-34. £J&D
4Ms 1934-1964-................... b 4.15 4 .05%
91
89
94 M 95 M
4Ms Water 1930-44--J&J15 b 4 . i 5 4 .05%
6 Ms Mun loan '54 cl A A&O
5s of 1904_________________
98
70
73
98 M
Class B ____________A&O
Rotterdam (C) ext 6s '64.M&N 104
98 M
4M Bdge,St.&c,’40-64J&J15 b 4 J 5 4.05%
98
104M
Saarbrucken (C ity), Germany
E xt’l s f 7s 1950______M&S 100
4Ms 1946-1953_____J&J 15 b 4.15 4 .05%
100M
Extl s f 6 Ms 1956____M&S
4 Ms Water 1935-'64---J&J b 4.15 4 .05%
Ext 7s Mar 31 1935— A&O 101
98
985
France (Republic of) 4s 191722
*4 Ms 1927-1934_____J&J15 b 4.15 4.05%
Sao Paulo Brazil 8s 1952M&N 107M 109
21
West Hartf’d 4Ms 1943--J&D 102
5% National Loan not red
Soissons (City), France—
before Jan 1931__ Q-F 16 ®$25
94
$26
W HavU S D t Ms’27-'56.M&N
Ext g 6 s N ov 14 '36-.M & N
94M
DELAWARE.
5s premium 1920__________ i432
$33
Tokyo (City of) 5s of 1912—
3s Dec 1 1927 opt 1902---J&D
6 % National loan of 1920— r$29
77%
Red ann s f beg '17-52.M &S
3.75
$30
4Ms ’60 opt any date 105-J&J 104 M 105%
7s ext of 1924-1949__ J&D 101
Trondhjem (City), Norway—
101M
4Ms 1961 opt '22 at 105--J&J 104 M 105%
7Ms External 1941__ J&D 109 M 109 M
S f ext 6 Ms 1944______ J&J 101 Vs
Dover Spec S D 5s '27-’46 A&O 6 4.25 to 4.50 %
95%
8 % ext g loan '45—M&S 15 109M 109M
Yokohama extl 6s 1961.-J&D
96
Kent Go 4Ms 1945-1950-M&S
4.35 German extl 7s 1949—A&Q15 107
107 a
CANADA (New York Prices)
NewOastleOo 4 Ms ’27-’34J&D b 4.10 to 4.20 %
Ger Cent Agri Bk7s’50M&Sl5 102 M 102 M
Dominion of Canada—
98%
4.10 Graz (Mun) Austria 8s’54 M&N 102 M 102 M
4Ms Feb 1 1936______ F&A
5Ms 1927-1928________ J&J
98M
4.35 Greek Govt s f 7s 1964--M&N
5Ms 1936-1944________ J&J
5s refdg Oct 15 '43 .A & 0 15 102% 102M
95 M 96 M
Sussex Co 5s ’31-’70______ J&J b 4.30 to 4.35 %
Haiti (Rep) 6 % Ex’52 A .A & O
5s refdg Oct 15 '28.A & C 15 1 0 0 % 100M
99 M 100
4Ms 1934-1953_______ A&O
4.25 Hungary (Kingd) 7M s’44 F&A 102 M 103M
5s 1931_______________ A&O 101% 103 M
Ind Bk of Japan 6 s '27-F&A 1 100M 100M
5s Mar 1937— ......... -M&S 103 M 103M
6 4.05 to 4.15 %
4.15 Industrial Mtge Bk of Finland
5s Oct 1931___________A&O 101 % 101 %
5s 1947-’49__________ A&O
1st M coll 7s July 1 1944
5s M ay 1952________ M&N 104M 104M
4.25
100M 100M
FLORIDA.
Italy (Kingd) extl 7s '51-J&D
5M % gold notes 1929-F&A 102
95 M 95 M
10 2 M
5% Int Consol________ J&J u$ 34% $35 %
5Ms Viet Loan Dec '27 J&D 100M 101
b 6.25
6%
5 Ms Viet Ln N ov '33-M&NI 104
u ____ $38 .62
Prestito Littorio 5s___
100
95
104M
5
Dade Go 5s Oct 1947-'54 A&O
5Ms Viet Ln N ov '3 4.M & N 103M 104
Japanese Government—
Duval Go 5Ms’32 op’ 12 M&N
5 Ms Viet Ln D e c '3 7 .-J&D 107
4.75
107%
4s £ '54 opt '10--J30 & D31
67
69
5s Armory 1944_______ J&J
5Ms renew N ov 1927.M&N 100M 101
4.75
91 Vs
4s £ Jan '31 op ta ft’21— J&J 91M
Everglades D rD 6s ’33-’41-J&J
6
101%
5 f 6 Ms 1954________ F&A 101
5Ms renew N ov 1932.M&N 102 % 103%
4.80
Alberta (Prov of) 6 s '30.M &N
6
5Ms 1931-1948________ J&J
Oriental Dev Co 6 s '53-M&S
97
97 M
4.85
5s Refund 1935, '36, '37,
Mendoza (Prov) Argentina
5s Apr 15 1950_____A&OIS
4.8 0
98%
7Ms extl s f 1951_____J&D
'38, '53, '54, '55.........J&J
4Ms Jan 15 1957______ J&J
98
95
4 .8 0
Hamilton Go 5s Feb 7’48 F&A
5.15 Mtge Bk of Ohile6sDec31’314Ms Jan 15 1942____ J&J15
97 M 98
4.85
Hernando Co 5s 1944___ J&J
5.25 M tg Bk of Denm'k 6 s '70 M&S 100M 100M
Brit Col (.Prov) 5s ‘48-J&J 15
Jacksonville 5s Jan 1 '36-J&J
4.40
4.60 Newfound 6 Ms 1936—J&D30 106 M 107 M
4 Ms June 29 1928— -J&D29
4.50
4.60
4Ms Feb 1937-..........--F & A
5Ms 1939____________
4 Ms June 29 1929— J&D29
102 M 103 %
Jacksonv S D No 1 5s Apr '45
4.65
4M s 1930-1932_____ J&D29 b 4.60 ,to 4.75 %
5Ms 1942 & 1943_____
102 M 103 %
4.80
Key West 5s 1942_______ J&J
5.25 Netherl’ds 6s '72 (flat) —M&S /108M 109
4Ms 1933-1946_____ J&D29
4.80
Miami 5s 1927-1944_____J&J
5
6 s 1972 series B ______
S108M
4M s 1947-1956_____ J&D29
5 25
5s 1929-1956_________ M&S 99 % 100M
Ext 6 s 1954___________A&O 103 % 103 Vs
Calgary 5s 1933_________ J&J
5 25
5
4Ms Munic Im p’28-’55M&S
New South Wales (Australia)—
5s June 15 1935____J&D 15
5.25
6 s School 1940_______ J&D
5.50
5s extl s f 1957________ F&A
96 %
5s July 1 1945_________ J&J
5
5
102 %
Orange County 5s 1944--J&J
Norway ext 6 s 1943 —F&A 15 102
Galt 4Ms Apr 18 1931-A&0 8
5
Pensacola 4 Ms ref 1941—A&O
5
Extl s f 6 s 1944 _______ F&A 102M 102 M
4 Ms El Pow June 5 '31 J&D5
4.85
5
6 % School 1928-1951--J&J
Halifax N S 4s July 1945_____
6 s Ext Oct 15 1952.A&015 101% 102
4 90
Polk Go 5s Road '27-’40--J& J
5
40-yr s f 5Ms 1965____J&D 100M 100M
5s Jan 1951____________J&J
4-75
5
St Augustine 5s 1955_____J&J
Hamilton— 4s Apr 1 '32.A & 0
Panama Rep) ext5Ms’53_ J&D 102 M 102 %
6 Ms External s f 1961--J&D
4.75
St Petersburg 5Ms 1949-.J&J
5
4s Elec L & P 1941— A&O
5Ms June 1954_______ J&D
Peru (Ropub) 8s 1944__ A&O 105M 107"'
5
5
Lachine P Q 5s 1954____J&D
4.80
Tampa 5s June '55 op '25 J&J
Extl s f 7 M s 1940--M&N 100M 101M
Maisonneuve Q 5 Ms '30-M&N
4.40
4.85
5s Mun Imp '62 op’32 J&D
4.40
100M
E x tls f7 M s 1956_____M&S 100
5 Ms M ay 1 1936_____M&N
5 s W W Purch ’27-’72-F&A
4.85
4.40 Poland (Rep of) 6 s 1940-A&O
Manitoba (Prov) 6 s '30F&A2
83
83 M
4.80
4 Ms Impt 1927-37_____J&J
Extl s f & 1950_______ J&J 97
5s 1944______________ J&D2
4.40
97 M
4.75
FOREIGN GOVTS.
Prussia (Free State)—
4 Ms M ay 1 1945____M&N
Antioquia Col (Dept of)—
E x t s f 6M sSepl5’51M & Sl5
96 4.75
4Ms Dec 15 1956____J&D15
99 M 99 %
Extl s f 7s ser A 1945__ J&J
4.60
Queensland (State) 7s '41 A&G 112M U2Vs
4s gold 1930_________ M&N
96%
96M
4.75
Extl s f 7s Ser B 1945.-J&J
Ext g 6s Feb 15 1947 F&A15 105 M 105 %
4s drainage July 1 '29_J&J
96M
96M
4.75
Extl s f 7s ser O 1945__ J&J
Rio Grande Do Sul (State)
Montreal 5s Dec 1 1945-J&D
96 M
Argentine Repub—
4.75
Brazil ext s f 8s 1946—A&G 105M
5s s f N ov 1 1956____M&N
Internal 5s of '09-’4 5 --M & S
7s extl s f 1966-.........M&N
98
4Ms M ay 1954....................
90 %
91M
4s £ loan o f 1897...........A&O l/$74M $75 M
Russian 6 Ms June 18 '19.J&J s 13M
4Ms Jan 1944— .........-J&J
Ext 6 s o f '23 1957 A _M&S
5M % Fxt Ln Dec '21—J&D
4s M ay 1 1933 £_____ M&N
99
99 %
! 14M
1st g 6 s 1958 Ser B ____J&D
Salvador (Repub) 8 s 1948J&J 106 % 107M
4s M ay 1 1944_______ M&N
98 M
98M
Sink fund gold 6 s 1959-J&D
San Paulo (Brazil) State of—
3 Ms refdg May 1939.M&N
98 M 98%
Extl s f 6 s Oct 1959__ A&O
8 % external loan 1936-J&J 104 % 105
New Brunswick 3 Ms '3 3 .J&J
98%
98 %
Extl s f 6 s 1960___ :___M&N
E xt’l 8 s 1950___________J&J 105% 106
4s July 3 1 9 3 0 ---........... J&J
98 M 98 M
Extl s f 6 s 1960............A& O
Extl water 7s 1956__ M&S
4s 1932 opt 1902_______ J&J
98
99 M 100
98 M
Extl 6 s sanit wks 1961 -F&A
North Vancouver 5s ’ 60—J&J
7s 1946 (per 1,000 milreis) — $90 $110
98 %
98 H
Australia (Commonwealth)—
4.75
94%
94 %
Santa Fe (Prov) 7s 1942.M&S
Nova Scotia (Prov)5s 1934F&A
Ext 5s July 15 1955-J&J15 98
Seine (Dept of) 7s 1942__ J&J 100
6s N ov 15 1930____ M&N16
98 %
100M
k Baals, c Basis $5 to the £ . f Flat price. I In London, r Canadian price, n Nominal, p Per £20. m Dollars per rabies, flat. (S a le price.
( Per 1.000 guild m s . u Dollars per 1.000 lire flat. • Dollars per 1,000 francs, te Dollars per 500 franca, u Per £200. * Tax-free in C onn. s Per£300 bond




4.70
4.70
4.70
4 70
4.75
4.70
4.60
4 65
5.60
4.75

50

STATE AND MUNICIPAL BONDS
Bonds.

Bid.

Ontario (Prov) 6s '27-M&N15
6s Sept 15 1943_M & S 15__________
43*s 1944___________ M & S ______
43*s Jan 15 ’28-’30—J&J15 b 4.50
43*s Jan 15 ’31-’47—J& J15_____
434s Jan 15 ’48-’57—J& J15_____
4s 1941______________ M&Ni_____
334s 1936____________ J&J!...........
Ottawa City 5s’27-’45___ J&J b 4.40
6s Munic Imp ’27-’50—J&J b 4.50
5s July 1 1928__________J& J|_____
5s July 1 1929_________ J & J ______
5s July 1 1930__________J& J -------5s July 1 1931-1956__ J&J.6 4.75
434s ’34. ’35. ’44_____ J&J
334s Sew Sep 27 '28-.M & S 6 4.40
Quebec (Prov) 434s ’50-M&S2
Quebec City 334s g ’3 0 --J&J
334s July 1 1933______ J&J
Eegina 5s 1929_________ J&J
St Boniface, Man, 5s '31-J&J2
Saskatchewan (Province)—
5s 1943 (non-call)-_J&D15
434s July 2 1945..........J&J2
South Vancouver, B O—
5s 1927-1946_______ J&D30 b 5.25
Toronto 5s 1927-1938------J&J 6 4.50
6s 1927-1929__________ J&J b 4.50
6s 1930-1940_________ J&J b 4 80
6s 1940-1950-............... J&J
4 34s Jan 11949-------------J&J
434s Jan 1 1955______ J&J
4s £ July 1 1948______ J&J
3 34s July 1 1944-45------J&J
Vancouver, B C, 534s ’39 A&O
534s 1952_____________ F&A
4s St Imp Sept 9 '27-M &S9
4s St Imp Sept 9 ’32.M&S9
Winnipeg, Man, 5s ’44 --A & 0
6s Dec 1930__________ J&D
434s non-call 1944____M&N
434s June 1 1946---------J&D
434s June 15 1950— J&D15
4s Aug 1 1946--------- F&A15
GEO R G IA
434s ref 1935-1945_______ J&J
3 34s Jan 1928-1935----------J&J 6¥.75'
Albany— 5s 1945_______J&D
Athens— 434s June 30 1943—
Atlanta— 4 34s Tan 1 1940-J&J
5s Water 1928-37_____ J&J
5s Water 1938-51--------J&J
434 s Sewer 1928-1940--J&J b 3.85
334s July 1 ’31 & ’33--J& J
Augusta— 4 34s Flood '42M&N
4s refunding 1934------- J&J —
334s April 1930--------- A&O
Bibb Co 434s 1948-49—M&N
Olarke Co 5s 1928-41------J&J b 4.10
Columbus— 5s 1927-44— J&J b 4.05
434s Refunding 1939.-J&J
Dougherty Co 5s ’28-'48 M&S 6¥.10
Macon 4 34s W W 1927-36-J&J b 4%
4s Pav & Sew '27 to '3 9 .J&J b 4°>
Pulaski Co 5s 1932-48------J&J b 4.40
Rome4sMunicbldg’27-'39A&0 b 4.15
Savannah— 4 34s ref 1943-J&J
434 s Drainage 1944— F&A
434s Refunding 1959--F&A
Spalding Co— 5s 1927-30-J&D b 4.15
Swainsboro 6s 1927-50--A&O b 4.75
Valdosta 5s 1928-42--------- Jan b 4 10
Ware Co 5s Sch 1927-31--J&J b 4.15
5s Road 1932-1949___ J&J
Watkins S D 6s 1931-50-M&N 6 5 20
Woodbury 6s 1927-49__ J&D
IDAHO
5 34a Impt 1941________ A&O
5s Highway 1941-------------J&J
4 « s Cap Bldg 19 30-3 9-..J&J
434s M ay 1 1932 opt 1921. J&J
4 l*s Highway '35 opt '25-.J&J
434s Highw '37 op ’27------J&J
4 34s Ref 1929-1945_____A&O
4s Jan 1 1934 op 1924____J&J
Blaine Co 5s Feb '?8 -’31-J&J
Boise City S D 6s 1940— J&J
ILLINOIS
434s Serv Comp 1927-43-F&A 6 4 %
434s Aug 1 1930-38_____F&A
4s May 1 1927-1935___ M&N
4s Highway 1929-1940.-May
4s Highway 1927-1928..May
4s Highway 1941-1943.-May
4a Highway 1945-1954.-M&S
Champaign County—■
5s Road 1927-1943.-M&N 6 4%
Chicago 4s ’28 to - ’35------J&J
4s Jan 1930 & 1931------J&J
4s Jan 1937-1939_____ J&J
4s Jan 1928 1941_____J&J
No W Pk 434s 1927-27-J&J
No W Pk 434s 1927-28.J&J
W Chic Pk 4s 1927-27-J&J
W Chic Pk 5s 1927 ____J&J
Chicago Sanitary District—
4s Sept 1927-1931____M&S
4s 1927-1945. _________ J&J
Chic So Park 4s ’30-’39 var._ 64.10
64.10
Cook Co 434s ’27-’40----A&O 6 4%
434s For Pres ’27-'43.J&Jl5 6 4%
4s Ser K 1927-1931--.J&D 9934
4s Ser M 1927-1933... J&D 9934
4s Forest Pres ’27-’34 A&O 9934
East St Louis 434s ref ’28-Sept
Elgin Sanitary Dist—
5s 1927-1944________ M&N 6 4.20
Moline 434s 1927-1932.-.J&J 6 4.05
Springfield Sanitary District—
434s 1927-1944...........-J&D 6 4.15
INDIANA (see footnote o)
Cass Co o48 '27-’33.M & N 15 o_____
East Chicago—
o 6s W W i927-'29__ M&N 6 4-60
Elkhart 434s W W ’30-75 A&O
oEvansville— 4s Ref 1932.J&J
048 Ref 1942---------------- J&J
oFloyd Co 4s 1928-30__ J&J ob____
oFort Wayne Sch D 5s 1933—
oFranklin Co 4s '27-'30--J& D ob____
oGary Sch City 434s Oct 1943.
oHendricks County—
4s O H Jan 15 ’ 28-’32. J&J15 ob____
Indianapolis—
05 34s Track Kiev '31-’47 J&J b 4%
o _____
0434s 1927-1955-........._J&J|__
o33*s Hospital 1936 -J&J o.
6334s City Hall 1939 -J & J o .

To
Ask. Net.

to 4.65

to 4.80
to 4.90
to 4.80
to 4 50

4.40
4.85
4 70j
%
4.70
4.65
46)
4.6)
%
%
4 50
4 60
4.70
%
4.75
%
4.60
4 70,
4 70]
5
5.75

Bonds.

Bid.

a Indianapolis S D —
o4s Bldg Sept 1 1946--.J&J
03 34s July 11941______ J&J 0 _____
o5s Oct 20 1928-39-A&O20
iKokomo' 4s 1928-1931_M&S ob____
<La Porte Co 5s ’27- 28--J& D
(Loganspt —
o434s Sch H ’27-’37. J&D15
Marlon Co— 4s Ref ’2 7 --J&D
'South Bend—
o45*s W W Nov '43--M & N
0434s W W Dec '43__ J&D
o534s 1931____________M&S
o534s 1941____________M&S
South Bend School District—
o4s Apr 17 1927______ F&A
Terre Haute— 4s 1927__ A&O
o4s Sewer 1930_______ F&A
oTerre H Sch C 4s ’27-’31 M&S
0VigoCo434 Dec 16’1927-J&D

INDIAN T E R R IT O R Y (See Oklah
4.80
IOWA
4.75 434s 1927-1929_________ J&D
434s 1932-1933_________ J&D
to 5 50 %
434s 1934-1940_________ J&D
to 4.85| %
Boone 434s 1927-31____M&N
to 4 70 %
Burlington 434s ’27-’33-M&N
Council Bluffs—
to 4.90 ::
4.90
434s Wat Wks ’27-’30-M&N
4.75 Crawford Co 5s ’27-’29.M &N
4.75 Cushing 5s School 1939.M&N
4.80 Davenport 4s 1927-29--M&N
4.75 Des Moines—
4.90
5s Munlclp 1927-1957--J&J 6 4.25
4.90
434s 1927-1931_______ M&N
4.60
434s W W 1932-42____J&D
485
6s Gen Oblig 1931-40--J&J
4.85 Des M Ind S D 434s '32--J&J
4.90
434s Sept 1 1945_____M&S
4.80
434s 1944............................
4.75
4s Sept 1 1945________ M&S
4.80 Dubuque Co 434s ’27-'31-J&J
1.70 Fort Dodge 5s Fund '3 9 --A&O
Fremont Co 5s 1927-35--J&J 6*4.25
3.90 Jackson Co 5s 1927-30--A&O 5 4-25
to 3.90 %
Marshalltown Ind S D —
1 25
5s City Hall 1927-39—M&N 1 4 20
1.2u Marshalltown—
4
434s Water 1929-42__ A&O 6 4.20
4.00
434s Water 1943&’44—A&0 6 4-25
4.05 Ottumwa 434s June 1936
to 4%
Polk Co 434s '27- 32--A & 015
3.95
5s Funding 1927-35____J&J 6*4.26
4 10 Sioux City 6s ’35 -45—F&A15
—
i 05
6s Ref Aug 15 1940—F&A15
4 05
5s Fire Fund 1927-33--J&J 6 *4*.15
4.15
5s Police Fund ’27-'33-M&N 6 4.15
to 4.30 %
Sioux City S D 5s 1941— J&J
to 4.20 %
Waterloo—■
4.15
4 34s W W Jan 15 ’30— J&J
to ¥.30 %
Woodbury Co 5s '28-’32—J&J 6 4.20
to 4.10 %
KANSAS.
to 4 05 %
434s 1927-1933---............. J&J 6 4%
to 4.50 %
434 s Soldiers Compen ’34-'52
to 4.25 %
Atchison Co—
4.10
4s Refund ’29 op '14__ J&J
4.10 Emporia—
4.10
434s Dec ’29 op ’ 19_____
to 4.25 %
Emporia SD 43*s'32op’22 J&J
to 4.80 %
Ft Scott 434s '35 op ’ 10—M&S
to 4 30 %
Galena—
to 4.30 %
js W W 1927-1943____J&D 6 4%
4 35
to 5.30 %
4.85

to 4.10

4.25
4.25
4.25
4.50
4.50
Board or Education4.25
4.20
1548
4.50
Schi Di;
41* Leavenworth—4.75
Sedgwick County—
%
4.10
4
4 34s Elec Light 1929---J&J
4
Wichita 434s 1932-36________
4
Wyandotte County—
4
434s Bridge ’32 to ’41-.F & A
4
Ashland—
5s Sew Impt '32 & ’3 7 --M&S
%
4
434s S I ’42. '47. ’5 2 - - -M&S
4
Bell Co 6s Ct H ’38____J&D15
4
Covington—
4
6s WW Janl5 ’28-’36 J&J15
4 10
6s WW Janl5 ’28-'31 J&J15
4.10
6s WW Janl5 ’32-’61 J&J15
4
434s Funding 1927-48-F&A
4
4 34s W W 1927-1951--J&J
434? 1929-1967______
4
4s Fundg 1952 op '4 2 --F&A
4
Frankfort 434s ’27 opt '17-J&J
Harlan County—
5s Rd & Bridge ’49-’52 M&N
Lexington 4s 1945______ F&A
%
Lexington S D 5s 1938__ J&D
%
Louisville 5s Sch 1962__ A&O
%
434s Hospital 1951___ M&S
%
434s School Impt 1954.A&O
%
4s Municlmp D ecl ’28 Q-M
4.25
4s Park 1930_________ J&J
4s Refdg July 1 1937__ J&J
4s Sewer 1947________ F&A
4s Loulsv W Co 1946--J&J
4s Loulsv W Co 1950--F&A
4s Sewer 1965________ F&A
4s Feb 1 1965................-F&A
334s gold refg 1940--M&N
%
3 34s Refunding 1943—J&J
3s Sewer & Park 1941—J&J
4.30
McCracken County—
4
4
5s Ref 1933 opt 1913--M&S
4
5s Ref 1933 opt 1923--M&S
Owensboro— 4s 31 op ’ l l J&J
4
4
4s Street 1930 op 1915--J&J
4
5s Port Comm'n '27-’64-A & 0
5s Port Comm'n '27-’59—J&J
5s Port Comm’n ’27-’ 55--J& D
434 s Ref 1927-1964_____F&A
4
434s Port Comm’n '28-'57M&S
4
Alexandria 5s 1927-52__ F&A
Atchafalaya Levee Dist—
4
5s Sept 1932-1972--M&S15
3.90
3.90
5s Dist ref & Imp '49--M & S

64.10

KENTUCKY.

to 4.15

4%
4%
to .405
to 4.10
100
100
100
to 4.25
to 4.15
to 4.25
to 4.80

LOUISIANA.

to 4,05

To
Ask. Net,
4
4
4
4
4
4
4
4
4
4.05
4.05
4
4
4
4
4
oma)
4
4
4
4.15
4.15
4
4.30
4 35
4.10
to 4.30 %
4.15
4.15
4.35
4.15
4.15
4.15
4.10
41 5
4.25
to 4.30 %
to 4.30 %
to 4.25 %
to 4.25 %
to 4 -30 %
4.15
4.15
to ¥.30 %
4.50
4.5<
to 4*25 %
to 4.25 %
4.20
4.20
to 4.25 %
to 4.05 %
4.05
4.20
4.20
4.50
4.50

[V

Bonds.

ol

Bid.

Baton Rouge 5s 1928__ M&S
5s Mar 1 1929________ M&S
5s 1930-1935.................. M&S
5s 1936-1940__________ M&S
5s 1934-1954__________ M&S
Bossier Dist Levee 5s ’54-A & 0
Caddo District Levee—
5s 1951 opt 1941.........-J&J
Caddo Parish 8 D No 1—
5s School 1929-1943___J&J
Fifth District Levee—
5s 1950 opt 1940........... J&J
5s 1952 opt 1942______ J&J
5s Oct 15 1962 op ’ 5 2 --A&O
5s Oct 15 1963______ A&015
5s 1957-1967_______ A&015
5s 1959-1969_______ F&A15
Lafourche Basin Levee—
5s Jan 1954 opt 1944__ J&J
Lake Borgne Dist Levee—
5s Dec 1952 opt 1942--J&D
New Orleans 5s Oct’27 '32A&0
5s Pub Belt RR ’39-'49-J&J
5s Pub Belt 1950-59---J&D
43*s Paving 1928-1936-J&J
434s 1956-1966________ J&J
4s Floating debt 1948-A&0
4s Constitutional 1942-J&J
4s Public Impt 1950 opt
1942 (old issue)_____J&J
4s Pub Impt '42 opt ’28.J&J
Orleans District—
5s July 1930-1939.........J&J
5s July 1940-1949.........J&J
5s July 1950-1959_____J&J
Plaquemine Parish E Bank—
5s Oct 1952 opt 1942—A&O
Pontchartrain District—
D 6s 1944__________ M&N
5s July 1968__________ J&J
Red River A & B B District—
5s 1950 Series B ______ A&O
5s Mar 1953 opt 1943-M&S
5s 1965 Series D ______F&A
Shreveport os 1929-1931 F&A
5s 1932-1936__________F&A
5s 1937-1961__________F&A
45* s W W & Sew'27-’54-J&J
Tensas Basin Levee District—
5s Jan 1957...........
J&J

124,

.

Ask. Net

6 4.40 4 45%
100
100

______

4.30
4.40
4.50
4.50
___

6 4 35 to 4 .45 %
99
99
99
99
99
99

—

—

102

......

...

100
99

—

...

100

4 45
4.25

88
96 X
94
95

96 54 - - —

100
103
104

104
105

111
100

115

...
...

...

102
__
102
100
6 4.35 to 4.40 %
4.40
4.45
6 4.15 to 4.40 %
100

—

MAINE
534s Bonus Fund ’27-'30-J&D 6 4% to 4.10
5s Hway & Bdge ’27-’54-A&0 5 4.05 to 43*
99 34 1003*
4s Sept 1 1927-1953____M&S
993* 100 3*
4s Highway 1928-1936__ M&S
99 3* 1003*
4s April 1928-31 tax-ex..A&O
993* 1003*
48 State Pier 1933-1942.-M&S
Auburn—
4s 1935 & 1940 tax-ex. .J&J
99
100
Augusta 4s Oct 151927-55A&0
Bangor—
4s Ref Wat '35 (taxable).J&J
99
4s Fund 1927-30 tax-ex. J&J
98
Bath 4s Ref 1941 tax-ex. J&D
983*
Blddeford 4s 1927-35— M&N
Brewer High Sch Dist—
4 34s 1927-1945______M&N
Gardiner Water District—
______
97
4s 1934 (taxable) _______ J&J
Kennebec Water District—
98 M
4s Ref M ay 1 1959—-M&N
9954
Kittery Water District—

to 4.30 %
4.20
99
42 0
—
4.20 Portland—
99 3* 100
4s Aug 1 1929 tax-ex .
4.15
99 3* 100
4s C H ’27-'45 tax-ex
4.15
993* 100
4s High Sch 1936 tax-exem.
4.15
4.15 Portland Bridge Dist (taxable)
334s July 1927 to 1939-M, ~ 6 4% to 4.15
4.15
Portland Water District—
99 5* 100
4.15
—
98
4.15
4.15 South Portland Sewer Dist—
4s 1931-1950________ M&N
9954
98
4.25 Washington Co 4s 1928--J&J
Waterville— 4s g July 1 1927— 9854
334s Sent 1935____________
4.50
to 4.20 %
6 4% to 4.10
4.15 434s Aug 15 1927-33—F
6 4% to 4.10
4.15 434s Rd & Bdge ’28-’40 J
6 4% to 4.10
4s 1927 to 1928...............
6 4% to 4.10
4.15
6 4% to 4.10
6 4% to 4.10
6 4% to 4.10
4 50
4.50 434s Roads J'nelS '27to’28J&D 6 4% to 4.10
6 4.10 to 4.20
AnnapoIiB 434s W W '42
6 4.05 to 4.15
Baltimore— 5s 1928-194C
6 4.05 to 4.15
4.50
5s Gen. Imp. 1943-45--M&S
4.50
4.50
5s Water 1961________ A&O
4.50
*103 3* *104 3*
434s Mar 1 1928-55-- "
107
106
4.50
106
105
4.10
99
993*
4s Annex 1954________ J&D
4.50
99
993*
4.60
993*
4s Mar 1 1961-............. M&S 99
99
4 50
993*
4s Aug 1 1961 — .........
99
993*
4.25
4s School 1933-1939__ M&N
99
100
45*
334s July 1 1930..........-J&J
97
99
334s Impt 1940............J&J
99
334s Mar 1945_______ M&S 97
96
98
334s Refunding 1952— -J&J
86 . 87
334s Sewage Impt '80-A&O
Cumber’d 434s W W ’41-A & 0 6 4.10 to 4.20
Hagerstown—
5s Water 1938-1987___A&O
434s 1936-1986----------- A&O
Washington Sub San Dist
6 4.35 to 4.50
434s Sewer 1973_____
6 4.35 to 4.50
5s 19 69........................
101

MARYLAND

—
%
%
_

4.24
4.3V

4.10
—
4.30
__
--%
—
__
4.35
%
%
%
%
%
%
%
%
%
%
%
43*
43*

-F&A

111
107 34
104 34
98
98
98
99
97 34
97
9934
90
90
76

b 4.25
6 4.25
6 4.25
b 4%
b 4.25
b 4 .30
100
102

g

MASSACHUSETTS

to
to
to
to
to
to

J&J

4s 1927-52 (tax-exempt)-.Var 1013*
953*
334s gold July 1 1935____J&J
334s 1956 ref (tax-exem)_J&J
945* __ ___
5
97
334s 1937 reg (tax-exem).J&J
5
4.40 334s Water 1942________ J&J 935* ...........
...
4.40 334s gold July 1944_____M&S
3s April 1 1929................-A&O
973*
973* ______
3s gold May 1929______M&N
4.40 %
91 X
4.40 %
89 54
4.40 %
885* ______
4.20 %
6 3.75 to 3.80
4 .40 %
Attleborough—
4.65 %
943*
6 3 75 to 3.80
4s 1927-1945 ftax ex) M&N f6 3 75 to 3 85

__

%
4.15
4.16
%
%

___
__
—
__
__
__
%
%
%

b Basis. / Flat price, n N om inal, c Tax-exem pt; under a law approved M arch 9 1903 and which went Into effect April 23 1903. bonds issued after
that date b y State or municipal corporations are tax-exem pt, and tnese sell on a better basis, j Sale price.




Mar., 1927.]
Bonds

51

STATE AND MUNICIPAL BONDS
Bid.

To
Ask. Net.

B onds.

Bid.

To
Ask. Net.

Bonds.

Bid.

To
Ask. Net.

MICHIGAN (.Concluded)—
St Joseph—
Muskegon 414s 1928-’44..J& J 64.10 to 4.20 %
4.10
4.20 St Joseph School District— ,
4s May 1 1934_______ M&N
41*s, 1930 and 1935. .
4.25
—
vluskegon S D 5s 1942__ July
Vluskegon Co 414s 1 9 3 2 ..J&J
4.20 St Louis 41*s Bridge ’35-A & 0 ft 4% to 4.10 % '
41*s Public Bldg & Imp
Pontiac— 414s ’31-’4 7 .—M&S 6 4.25 to 4.30 %
51*s Sewer 1927-1942 F&A b 4.30 to 4.40 %
1928-1943___________ J&J 6 4% to 4.10 %
4J*s W W 1932-1945.-A&O
6s Wat Impt 1927-28.J&D
4.15
4.30
4s Insane Asylum '28-A & 0
993* 100
6s Wat Impt 1929-35.-J&D 6 4 .30 to 4.40 %
6s Wat Impt 1936-50—J&D
4.50
99 3* 100
4s Public Impt 1928____J&J
4.15
4s Public Bldg 1 9 2 9 ..-A&O
Jort Huron 4s 1932______J&J
993* 100
Saginaw 414s sew ’27-’33.J&J 6 4.10 to 4.15 %
4s W W Renew '31__ M&N
99 3* 100
4%
414s Sewer 1927-1949.F&A 6 4.10 to 4.15|%
4s School 1937.............J&J 6 4.15
4%
4
4Ms Sewer 1927______ J&D
4s School 1938— ______J&J 6 4.15
407
4
41*s Sewer 1928-1929..J&D
4s 1931-1946__________A&O 6 4 10
43*s Sewer 1930-1932..J&D
4.05
3.65s Ren June 1927__ J&D 6 4.25 3.25%
4i*s Sewer 1933-1951.. J&D 6 4.10 to 4.20 %
Springfield 5s -S2 op '17.J&D
4.20
Sault Ste Marie 4s 1932.-J&J
MONTANA
Wayne County—
51*s Educational 1941. .J&J 6 4.20 to 4.35 %
4 J*s bldg&bdge '27-'39M&N 6 4.10 to 4.15 %
4?*s Educational 1944. .J&J 6 4.15 to 4.30 %
Wyandotte 4V*s 1934__ J&D
4.75
4.20 Billings 5s 1934 op 1929 .J&J
MINNESOTA
Butte 5s 1928-1936______ J&J 6 4.90 to 5%
4.10
4.80
is 1941_______________ J&J
414s July 15 1943______ J&J15
41*s Dec 1 1939.............. J&D 1001* 1011*
6 5% to 5.25 %
Daniels Co 6s 1933-1942
Beltrami County—
Great Falls—
4.85
5.50
514s Ditch 1927-34__ J&D
53*s Sewer '35 to ’3 9 .-J&J
5
5.25 Helena 5s 1931 opt 1916.J&J
6s Road 1930__________
4.75 Kalispell 5s 1933________ J&J
5
Brainerd 5s Nov 1927-1929
5
Duluth—
Lincoln Co 5s '32 op '27._J&J
4.10
5.10
4s g Water & Light ’28.A & 0
5s Fund Mar '31 op ’2 1 .J&J
4.10 Phillips Co—
4s Water & Light 1936-A&G
3.50
5s Ref Dec '35 op '33_J&;J
4s 1927_______________ J&J
3.90
4s 1928_______________ J&J
NEBRASKA
4.15
3.95 Douglas Co— 4s ’27-’28.A & 0
4s 1929________
J&J
4.20
4
5s Highway 1942_____A&O
4s 1930-1946__________ J&J
4.20
Duluth Ind School Dist—
5s Highway 1943_____A&O
4.20 Kearney 43*s 1928-1945-M&S 6 4.30 to 4.50 %
514s 1936, 1938. 19 4 0 -A&O
4.15 Lincoln— 43*s ’28 to ’29-F&A
4.15
414s Feb 1 ’40 op ’30 ..F & A
4.15
4.30
4s 1934 opt 1924..........A&O
51*8 Hospital July ’35-'44—
Hennepin County—
Lincoln S D —
4.20 to 4.35 %
6s Bridge 1927-40.-..M & N
4 !*s 1929-1953______ M&N 6 4.10 to 4.20
4.20 to 4.35 %
514s Bridge 1927-40--M&N
Omaha 5J*s 1941______M&N 6 4.25 to 4.30
4.25
4.20 to 4.35 %
4?*s Sanitorium ’28-’42-J&J
5s 1930, ’35, ’40, ’45, ’ 50—4.15
4 1 to 4.25 %
414s Hospital '27-'41 -M&N
43*s Refunding 1933..J&J
4.15
43*s W W Dec 15 ’41—J&J
Koochiching Co 5s '28-'33 J&J 6% to 61* %
4.15
Omaha S D 4)*s 1 9 2 8 ...J&J
6% to 61* %
514s Ditch 1928-1935--J&J
4.15
Minneapolis—
4H s July 1931________ J&J
4.15
5s 1927-1928_________ J&D 6 4% to 4.25 %
4 3*s M ay 1 1955_____ M&N
4.15
5s 1929-1932_________ J&D b 4% to 4.2o %
43*s M ay 1 1956_____ M&N
4.25
5s 1948_______________J&D
5s 1935. ’36, ’40, ’43. ’45
4.35
5 3*s M ay 2 1951
_.M&^
’46. ’47, '48. ’49. ’50-J&D b 4.05 to 4.15 %
4.25
5sStIm pM ay2’37-’4lM&N2 ft 4.05 to 4 15 %
So Omaha S D 5s 1929__ J&D
b 4% to 4.10 %
4J*s 1927-1935______
NEVADA
.......... 4.60
414s Mar 1928-1937—M&? b 4% 00 4.10 %
WashoeCoSD5s’28 to’29 M&S
43*s School 1941__________ b 4% to 4 .10 %
NEW HAMPSHIRE
4s M ay 1 1927_______ M&N b 3.75 to 4.25 %
Concord 3 3*s 1927 to 1929 J&J 981*
4% to 4 10 %
43*s 1942_____________J&D 101
4s School Jan 1 1935. - -J&J
4% to 4 10 %
4s Improvement 1942. J&D
41*s '38, ’40, ’42, '44.M&N 1001*
4s 1944_______________ A&O
Dover 31*s 1928-1931...J&D
97
4% to 4.10 %
Manchester—
4% to 4.15 %
314s School Jan 1 '2 9 ..J&J
99
4% ,0 4.20 %
314s Water Wks 1932.-J&J
4s 1927-1940 (tax-ex)..F&A
Ramsey County—
99
4s 1927-1942 (tax-ex) . .J&J
414s Rd&Bdge ’38-’44 M&N b 4.10 to 4 20 %
4s Sewer 1927-1943 (tax99
exempt)----------------- M&N
45*s Rd&Bdge ’33-’37 M&N b 4.10 to 4 20 %
99
4s 1927-1945_________ J&D
991*
4?*s Rd&Bdge '27-'43 J&D b 4.10 to 4.20 %
4.25 Pembroke 4s ’28-’34____F&A
981*
991*
St Louis Co 5s 1927-29...J& J
4.30 Portsmouth—
5s Road 1931_________ J&J
981*
4s Ref Water 1932____J&J
St Paul—
Stratford 5s M ay 1933-1954
1081*
6s School July 1 1951_J&J b 4.15 to 4.30 %
NEW JERSEY
5s Refg July 2 ’27-’31—J&J b 4% to 4.20 %
4
4% to 4.15 %
41*s W W 1927-42...A & O
4!*s Road & bdge 1933..J&J
4
4% to 4.20 %
41*s Road & bdge 19 3 8 ..J&J
5s School July 1 1951.-J&J
4% to 4.15 %
41*s 1940------------J&J
4
414s July 1935________ J&J
4
414s Park June 1 ’43—J&D
4 !*s Highway 1954______ J&J
4% to 4.15 %
4 l*s 1955_______________ J&J
4
MEXICO
414s Sewer July 1 ’43—J&J
4% to 4.15 %
4.35
414s Water Aug 1 ’43.F&A
Asbury Park 4?*s Sch ’43. J&J
4% to 4.15 %
See Foreign Govts page 49.
4.35
4% to 4.15 %
414s Refg July 2 ’27-’31.J&J
41*s 1936-1946______ M&S
4.35
MICHIGAN (See footnote o
4% to 4.15 %
43*s Nov 1 1931__________
41*s 1951-1960______ M&S
4.25
4.20
4% to 4.15 %
614s July 15 1941_____ J&J15
Atlantic City— 6s 1927.-A&O
4 l*s July 1 1955______ J&J
4.20
4J*s 1927-1937________ J&J
4.20
4% to 4.10 %
614s Oct 15 1941_____ A&015
4s Ref Mar 1 1939____ M&S
4.20
4.20
514s Highway 1941_____ J&D
4% to 4.10 %
4s Sewerage July 1 1939 J&J
4J*s 1938-1958________ J&J
4.15
6s Highway 1940_______ J&D
4.20
4>*s Paving 1938______ J&J
4% to 410 %
4s March 1 1940______ M&S
4.10
414s Highway 1943------- F&A
4.20
4}*s Jan 1 1945.............J&J
4% to 4.10 %
4s July 1 1927-55______ J&J
4.10 South St Paul 514s ref '33.J&J
4.60
4s Water 1930_________ J&J
414s Highway Impt 1937 A&O
4.20
4.05
Atlantic Co—
4s Highway Impt 19 42..A & 0
M ISSISSIPPI
4 20
Ann Arbor School District—
41*s Bridge 1928-’30_.A&O
514s Impt 1928-1930____ M&S 6 4.10 to 4.30 %
4.20 514s Impt 1931-1946____ M&S
4.20
4s Sept 1935_________ A&O
4.35
41*s Bridge 1931-35—A&O
Battle Creek—
4.20
4 l*s Bridge 1936-57..A & O
51*s April 1929-1934____ A&O b 4 .20 to 4 30 %
4s City Hall 1928-36..F&A b 4.10 to 4.20 %
b 4.15 to 4.20 %
Atlantic Highlands—
41*s 1930-1950________
4.50
4.15 414s 1927-1934__________ J&J b 4% to 4.15
Bay City 4s 1934_______ J&J
4s g Sewer July 1 1928.J&J
4.80
514s W W 1927-1951.-M &S b 4.25 to 4.40 %
Aubud S D 6s’ 27-’40__ A&O
43*s July 1 1927-1935____J&J 6 4% to 4.15
4.15
Bay City Union S D—
4 15 Bayonne— 5s Fund 1928-J&J
41*s July 1 1936_________ J&J
4.15
o6s 1927, 1931, 1936.. .J&J b 4 y< to 4-40 %
5s Jan 1 1928-1949____J&J
41*
314s State 1934 opt 1914—J&J
4 15
Bessemer 514s 1927-49—F&A b 4.65 to 5% %
41*s Funding 1931____J&D
Biloxi 51*s 1927-1948__ A&O 6 4-50 to 4.75 %
4.15
Detroit—
4i*s Jan 1 1933............J&J
4.90
Greenville 5s 1927______M&S
4 .’ 5
4.30 Harrison Co 5!*s 1940-50 F&A
o6s Pub Serv 1928-29..J&J
5
4!*s 1927-1953_______ F&A
4.15
4s Floating Debt 1928.J&J
o6s Pub Serv 1930-51.-J&J b 4.25 to 4.40 %
455
Jackson 514s July 1 1933-J&J
4.25
4.40 Belleville 5s 1934 & ’44-M&N
4.30
0514s Nov 1 1945___ M&N
5s Water Aug 1 1 9 2 8 ..F&A
4.25
43*s Funding 19454.45
4-10
0514s Pub Util '28-’29_J&J
5s Water 1930________ F&A
4.50 Belleville
ille v "S
---------------4.25
D 5s
’27-’44 M&N
o514s Pub Util ’30-’51.J&J b 4.20 to 4.25 %
5s June 1 1932________ J&D
410
o514s Pub Util ’ 27-'48.A&0 b 4.10 to 4.25 %
4.45 Bergen Co 51*8 ’31-'34—J&D
45*s 1933-1952___________
5s Pub Impt 1928-29__ J&J
4.10 Jones Co 5s 1927-42_____M&N 6 4.60 to 4.65 %
4.10
5 3*s Dec 1 1935-1942..J&D
410
5s Pub Impt 1930-51__ J&J b 4.10 to 4.25 %
5s Dec 1944__________ J&D
4.50
Meridian 5s Dec 1 1939—J&D
4.45
4.10
o5s Jan 15 1936-42..J&J15 b 4.20 to 4.25 %
414 s School House 1941 J&J
5s Dec 15 1927-1955. J&D 15
4 .2 0 Mississippi Levee District—
4 10
o414s Pub Lib 1948-J&J15
4J*s 1927-1939_______ A&O
4.20
o4t4s 1932. 1935-42. J&J15
410
4.70
5s May 2 1944-..........M&N
41*s Aug 1927-1938__ F&A
4.10
414s Jan 1 1929-’30____J&J b 4% to 4.05 %
4s Court Hse '27-'38_A&O
4.70
5s July 1 1953...............-J&J
4.6 Bloomfield—
414s Jan 1 1931-’57____J&J b 4.10 to 4.15 %
414s Sept 1934_______ M&S
4 25
41*s Dec 15 19 27-3 1...J&D
4.15 Vicksburg 5s St 1932____F&A
4 k s 1942-1952_______ J&D
4.55
4 25
4 l*s Dec 15 1932-64...J&D
414s Jan 1 1957_______ J&J
5s Pub Imp 19 27 -4 8 ...F&A b 4.35 to 4.60 %
414
4.10
4
4.35 Camden 5i*s 1927-61__ F&A
04s Aug 15 '27-'28— F&A15
414s Sewer Dec 1 1928-Dec
4.10
o4s School 1946______ M&N
41*s School 1943_____A&O
4.10 Yazoo-Miss Delta Levee Dist
41*s Water ’27 to '60.M&N
4.70
4.10
4.10
314s Park 1930_______ M&S
6s 1947 optional 1917.-J&J
4s Paving 1929______ M&N
410
oEscanaba 414s 1927-30—J&J ft 4.15 to 4.25 %
5s 1927-1954_________ M&N b 4.50 to 4.70 %
4.10
OFlint 414s 1927-39_____F&A 6 4-15 to 4.25 %
4.65 Camden Co 43*s 1933..F&A
414s July 1949________ J&J
41*8 1935-1957..............J & J
4.65
4.25
4.10
414s 1938-1953_______ J&D
4s 1952 optional 19 22..J&J
41*s 1927-1964............F&A
4.10
414s 1927-1954____ M&S15 6 4 -20 to 4.30
MISSOURI
4s 1944_______________ J&J
4.10
45*s 1927-1937_______ J&D 6 4.15 to 4.25 %
5s March 1930-1936____
4.10
4
4 65
Cape M ay— 5s 1934____J&D
o5s (Mar 15 & Apr 1) ’31-’50 6 4.20 to 4.30 %
4}*s 1933-1937_________ A&O
465
4J*s School 1928-1951.M&S
4
Flint Union School Dist—
43*s 1938 & 1939_______ A&O
41*s 1928-1952_______ M&S
4
4 65
5s 1928-1954_________ M&S 6 4.20 to 4.25 %
4>*s 1943-1946_________ M&S
oGenesee Co 6s 1927-31 .M&N
East Orange 41*s ’27-'45.F&A
100
415
4-25 4s Road 1933-34 Ser D —M&S
99
5s Sewer 1928-1960____J&J
4.15
Grand Rapids 5s 1927-34. A&O 6 4.10 4.15%
4.05
Kansas City 5s W W 1939 J&J
4s 1934----------A&O
4.05
4 15
414s Flood Protec'3 3 .M&S 6 4.05 4.15%
414s Sept 1 1930______ M&S
4s Water 1933________ J&D
4
41*s 1927-1928..........F & A
4.15
4.05
414s Mar 1 1933______ M&S
3 l*s Water 1933______ A&O
4
41*s 1929-1930...........F&A
4 15
4.05
414s Water Works 1942. J&J
Elizabeth— 41*s 1955____J&J
4.10
4 l*s 1931-1953______ F&A b 4% 4.05%
414s 1928-34...........
J&J 6 4.10 4%
51*s Dec 1 1927-1946.J&D 6 4.10 to 4.15 %
4“
4s Water N ov 15 ’2 9 .-M &N
414s 1935-45—..............J & J 6 4.10 4%
6s June 1 1927________ J&D
4.15
4 .10
Highland Park 5s 1928.-J&J
4.05
4s Sept 1 1930_______ M&S
Englewood— 4s Sept '35.M &S
4.20 Kansas City S D 5s 1941.-J&J 1071*
4.30
0414s Sept 15 1934__ M&S
Essex Co 43*s Road '3 5 .-F&A b 4.05 to 4.15'%
4.20
Jackson 43*8 1930-47.A&016
414s July 1 1933_______ J&J 101
4 14s Gen Impt ’30-'54 M&N 6 4.15 to 4.20 %
41*s L'd Purch ’28-'46.J&J b 4.05 to 4.15|%
414s July 1 1937............. J&J 1 0 1 1 *
41*s Hospital '27-'49__F&A b 4.05 to 4 15 %
4.15
JacksonUnSD4 3*s’28-30M&N
414s Jan 1943_________ J&J 103
4?*s Road 1932-1936 —F&A b 4.05 to 4.15 %
4.10
4.15
414s 1931-1936..........M & N
414s Sewer 1928-'34_M&S
4s Hospital 1946_____ F&A b 4% to 4 10 %
414s 1937-1945_____ M&N
414s Sewer 1935-’45—-M&S
4.10
4.15
3.65s Park ’28 to ’35—F&A b 4.05 to 4.20 %
Kalamazoo S D No 1—
4.10
4J*s 1929-1932..............J & J
o5s School ’27-’30.-M & S15
4.10 Essex Fells (Boro) 5s July 28
4.10
41*s 1933-1943________ J&J
1927-1960______ ______ ____
Lansing o5s 1927-32___J-J15 6 4.10 to 4.15
4.60
4s July 1 1927. ............... J&J 99
Fairview— 5s 1944__________
o5s Jan 3 1928-1932.-J&J3 6 4.10 to 4.151
4s Building 1932_______ J&J 98
4.60
.4.15 Little River Drainage Dist—
Garfield 51*s 1929______ M&S
o4 J*s Jan 3 1930-36.. J&J3
4.50
414s 1937-1946_______ J&D
514s Oct 1927-1944... A&O ft 6 20 te R 4f1 <7,
'4 .1 5
6 Baals. / Flat price, n Nominal, o Tax-exempt; under a law approved March 13 1909. and which went into effect Sept. 1 1909. bonds issued after
Chat date by municipal corporations are tax-exempt and these, accordingly sell on a better basis.
Boston—
43*s Tun 1960 tax-ex.A&O 1051*
4s July 1936__________ J&J 9814
4s Apr '27-'37 (tax-ex).A&O 6 3.75 to 3.90
4s 1927-1939 (tax-ex)..J& J ft 3.75 to 3.90
4s Tunnel & Sub 1948-J&D
971*
4s Sub 1957 tax-ex____A&O 1001*
4s Sub 1958 tax-ex____J&J 1001*
4s Tub & Sub’59 tax-ex. J&J 1001*
314s June 1 1932_____ J&D
9614
314s June 1 1934_____ J&D 9514
314s July 1 1935.........-J&J 9414
314s June 1 1943_____ J&D 911*
314s June 1 1944_____ J&D
9114
314s July 1 1945......... -J&J 9114
Brockton 4s M ay 1927_M&N
991*
314s Water 1932_____M&N
9614
Cambridge—
314s May 1 ’45 (reg).M&N
9114
3s Bridge 1941_______ F&A 87 3*
Chelsea—4s Park 19 36..A & 0
9814
4s Sept 1 1958_______ M&S 9614
Essex Co 4s '27-’31 tax ex M&N b 3.75 to 3.80
Everett— 4s Sewer 1929—M&S
Fall River—
3.80
43*s ’27-’29 (tex-ex)__A&0
414s '27-’34 (tax-ex)_M&N b 3.80 to 3.90 %
4s 1927-'55 (tax-ex)___M&N b 3.80 to 4%
4s 1927 (tax ex)______ J&D 100
314s Water 1930 tax ex F&A
98
Gardner 4s wat ’27-’34—M&N 981*
Gloucester—
314s Water ’ 27 to ’3 1 ..A&O
991*
Haverhill— 4s 1927______ J&D
Holyoke—
3.85
414 s ’28-'50 (tax-ex)_F&A
3.85
414s ’27-'41 (tax-ex)...J& J
314s Dec 1927-1932— J&D 68
3.80
L ow ell! 14s '27-'29 tax-ex M&N
3.85
414s 1930-34 (tax-ex) .M&N
414s 1937 (tax e x ) ____F&A 1041*
991*
Lynn— 4s July 1927_____J&J
98
4s May 1935-39______ M&N
4s May 1940-51______ M&N I 9714
314s April 1 1932_____A&o! 9614
Malden 4s ’27-’44 (tax-ex) F&A 5 3.75 to 3.85 %
Medford 4s Feb 1930____F&A
99
3.80
5s Apr 1 1927-28 tax-exempt
Milton 3 14s 1927 to 1932.F&A 98
3.85
Needham 414s 1927-43.-A&O
New Bedford—
4s Sewer 1927-41 (taxexempt)____________M&N 6 3.75 to 3.85
4s 1928-'35 (tax-ex)..M&S 6 3.75 to 3 85
Newburyport—
314s Water '27 to ’34 ._J&D
9714
Newton 4s 1935________ F&A 981*
North Andover—
5s 1927-’34 (tax-ex)__ J&J 6 3 75 to 3.80
Pittsfield 414s 1927-30 (tax-ex) 1001*
tjulncy 314s '27 to ’39__ A&O 6 3.75 to3"85
Tax exempt_______________
Salem 4s Jan 1 '32-’54 tax-ex. 1001*
Springfield 314s 1935____J&J
9414
3s Sewer 1930________ J&D
961*
3 80
4s 1935-’44 (tax-ex)__ F&A
Taunton— 4s 1927______J&D
991*
314s Sewer Dec 1 ’30..J& D
9714
Wakefield 4s 1927-33...A & O
99
Warren Wat Dist ’28-’53.F&A
Watertown— 4s 1927-34—J&J 9814
314s 1928 to 1929_____J&J
9814
Winchester 4s 1938-1943 A&O
99




STATE AND MUNICIPAL BONDS

52
B onds.

Bid.

G]oucesterCity4}*s’30-66 J&D
Gloucester Co—
4}*s Bldg&Rd'27-'45 J&D20 b 4.20
Hackensack— 4}*s 1942.F&A
4Ms Imp 1928-1942____J&.I
Harrison— 4s 1930----------- J&J
Hoboken— 4}* s 1940_____J&J
3}*s 1931___________ M&N
5s School 1928-1954..-J&J
Hudson Co— 43*8 1948.-A&O
4348 May 1 1950_____M&N
4s g Park 1959 & ’5 4 .-M&N
4s gold refunding 1935.F&A
434s July 15 27-’34—J&J15
434a July 15 ’3 5 -7 4 .-J&J15
Irvington 5s School '6 3 .-J&D
Jersey City—
534s School 1942-1953.A&O
634s Dec 1 1931-1933..J&D
43is School 1927-58.—J&D
434s Refunding 1928__ J&J
434s School 1945______ J&J
434s Water 1961______ A&O
434s Park Mar 1961__ M&S
434a 1927-30................ J&D
434s 1931-1963...........-J&D
4s Water 1932________ A&O
4s Refunding 1949____F&A
Keansburg 534s--------------------Kearny 434s 1936............. F&A
434s April 1962_______ A&O
434s Water 1931-1962.M&N
43*s Sch Impt ’27-’ 52 .J&D
Lodi— 5s 1928-1947______ J&J
Long Branch 5s 1943____M&N
4s June 1 1935-------------J&D
Lyndhurst 6s 1927-1957.-J&J
Mercer Co—434s 1933__ J&J
3s Road 1933_________ J&D
334s April 1941_______ A&O
6s Road&Bdge ’28-’34-F&A
Middlesex Co 434s '28-’34.J&J
6s Road 1927-1931____J&D
434s Fund July 1927-1939—
434s Road 1928-44...F & A 2
43*s Impt 1927-32____A&O
334s Bridge '28 to ’31..J& J ...........
Monmouth Co—
434s 1927-1954____M&S 15
43*f Rd&Bdg ’29-51F&A15
Montclair 434s Sch 1941-A&O
4 34s High Sch Bldg ’44. J&D
334s School 1932______ J&J
Morris Co— 4s '35 opt '0 5 -J&J
434s 1942 opt 1922____J&J
Morristown 434s ’27-’42_J&D
Newark— 434s 1944_____F&A b 4.05
534s Oct 15 '27 to '59 A&015 b 4.10
6s 1927-1958...............J & J b 4.10
434s Dock 1959______ F&A 6 4.05
434s Apr 15 '27-61-A & 015 6 4.05
43*s School Dec 1 '4 5 .-J&D b 4.05
4s Sch House 1959 opt 1949 b 4%
4s Pas Val Sew’61 op’51 J&D b 4%
334s 1929..........
.J&D b 4%
334s Track Elev 1954.F&A b 4%
Vallsburg 434s 1934— J&J
New Brunswick—
43*s Aug 1 1927-57— F&A
North Bergen 5s 1941__ J&D
6s School 1927-29___ M&S
6s School 1930-58___ M&S
North Plainfield 5s 27-54. A&O
Nutley 5s 1933_____
J&D
Ocean City— 5s 1944___ F&A
Orange— 6s 1928 to 1932.J&J
5s Water 1938________ F&A
434s School 1943______ J&D
434s Sewer 1928-1964.A&O
4s School House 1934.-J&D
Passaic 434s 1928-40___ M&S ...........
534s Gen Imp '27-’28_J&D
534s Gen Imp ’29-'44_.J&D
534s Gen Imp '45-’51..J& D
5s Imp 1927-1948____M&N
434s Refunding 1944. _M&N
Passaic Co 4}*s ’27-’28-.J& J
4}*s 1929-1930________ J&J
4J*s 1931-1936________ J&J
43*s 1937-1946________ J&J
Paterson—
634s 1927-1934...........M&N
534s 1935-1959______M&N
434 s 1933 to 1944____M&N
434s Feb 1 1945______ F&A
4s N C Hall 1927 to '3 2 .J&J
Perth Amboy 434 s Apr 1944
43*s Water 1928-29—M&S2
43*s Water 1930-34..M&S2
43*s Water 1935-64..M&S2
434 s School 1938__________
434 s Funding 1927 __ A&O
Plainfield— 4s 1927 to’34.J&D
4s School 1959_______ M&N
434s 1927-1962 various__
Ramsey 5s Water 1927-1940
Red Bank (Borough)—
434s 1927-1953______ M&N
Ridgefield 5s July ’27-’31.J&J
Riverside 5s 1927-1933..A&O
Sea Isle City 5s 1943___ F&A
Sou Orange— 4s '27 to '4 4 .J&J
Summit 434 s Sch 1941__ F&A
4s 1933______________M&N
Trenton 534s 1927-1951.A&0
434s Water 1943______A&O
43*s School 1930-60— M&S
4s City Hall 1939_____J&D
334s Sch N ov 1 1929..M &N
Union Co 434s 1937_____M&S
4346 1 9 4 2 .............
M&S
43*s Road&Bdge’28-47 F&A
43*s Park 1927-'35._J&D15
43*s Park 1936-'37--J&D15
4s Oct 1 1 9 4 2 ..............A&O
Vallsburg— See Newark.
Weehawken 434s '27-’28.J&D
Westfield —
5s June 15 1927-'60— J&D
West New York 5s 1936.-M&S
Wildwood 4 34s 1928 '57-F&A
NEW MEXICO
43*s Ref 1953 opt 1933.-J&J
434s Dec 16 1952 opt '22.J&D
4s Fund 1939 opt 19 19..M&S
4a Highway 1927-1944...J&J 6 4%
Albuquerque 434s 1929.-M&S
5s W W Dec 1962_____J&D
6 Basis,

To
Ask. Net.

Ask.

To
Net

4.50 Bernalillo County—
5s 1931 opt 1921.........
locorro Co 6s '41 op '2 1 ..A&O

to 4.30 %
4 35
4.35
4.25
4.20
4.20
4.25
4.15
4.15
4.15
4.15
4.15
4.15
4.30
4.20
4.20
4.15
4.10
4.10
4.10
4.10
4.10
4.10
4 05
4.05
4.75
4.50
4.50
4.50
4.50
4.60
4.60
4.60
4.60
4.10
4.10
4.10
4.10
4.10
4.10
4.10
4.10
4.10
...........

to
to
to
to
to
to
to
to
to
to

4.20
4.25
4.25
4.15
4.15
4.15
4.10
4.10
4.20
4.15

4.15
4 15
4 25
4.25
425
410
4.10
4.10
%
%
%
%
%
%
%
%
%
4.25
4.50
4.65
4.65
4.65
465
4 40
4.15
4.15
4.15
4.15
4.15
4.15
4 15
4.15
4.15
4.15
415
4.15
4.15
4.15
4.15
4.20
4.20
4.15
4.15
4.15
4.40
4.40
440
4.40
4.40
4.40
4.25
4.25
4.25
4.50

NEW Y O R K .
5s Mar 1 1928-1971.........M&S b 4% 3 .90%
5s Jan 1 1928-1971_______ J&J b 4% 3 .90%
1133*
4}*s Highway 1963_____M&S 111
113}*
4>*s Canal 1964................J & J 111
109
43*s Canal 1965...............-J&J 107
109
43*s Highway 1965_____M&S 107
1053*
43*s Barge Canal 1 9 4 5 ..-J&J 104
43*s Bonus 1927-1930..-A&O b 3.90
43*s Bonus 1931-1939— A&O b 3.90 3 .80 %
43*s Bonus 1940-1949...A&O b 3.90 3.80%
102}*
4s Canal Term 1942_____J&J 101
1023*
4s Canal Term Jan 1946.-J&J 101
4s g High Imp Mar '5 8 .-M&S 1021* 104
4s g High Imp Sept '5 8 .-M &S 102)* 104
4s High Imp Mar 1960__ M&S 102}* 104
4s Canal Imp July 1960..J&J 102}* 104
4s Canal Imp Jan 1§61__ J&J 102}* 104
4s Canal Imp July 1961.-J&J 102}* 104
4s Hlghw Imp Mar '6 1 .-M&S 102 M 104
4s Palisade Park 1961___M&S 102}* 104
4s Canal Jan 1962_______ J&J 102 J* 104
4s Highw Imp Mar '6 2 ..M&S 102J* 104
4s Canal Imp Jan 1967__ J&J 10234 104
4s Highw Imp Mar '6 7 .-M&S 102J* 104
__
4s Palisades Park 1967.-M&S 1023* 104
4s Bldg constr '27-’30__ M&S b 3.90
4s Bldg constr '31-’39__ M&S b 3.90 3.80
4s Bldg constr ’40-'49__ M&S b 3.90 3.80
4s Grade Cross &c '27-28.M&S b 3.80 to 3.90 %
4s Grade Cross &c '29-33.M&S b 3.80 to 3.90 %
3.80
4s Grade Cross &c '34-36.M&S
3s g Jan 1 1956__________ J&J
3s g July 1 1958_________ J&J
3s g Canal Jan 1 1959___ J&J
3.70
Albany— 43*s ’27-'28____J&D
43*s Water 1927-34..M&N b 3.60 to 3.95 %
3.95
43*8 Oct 1963________ A&O
3.95
43*8 Water 1932_____M&N
43*s 1927-1954_______ J&D b 3.60 to 3.95 %
4a Munlc & Sch ’28-’63_J&J b 3.60 to 3.90 %
4s Park 1927 to '3 0 ...M&N b 3 60 to 3 85 %
33*s Pub Imp '28-’34.-F& A b 3.60 to 3.90 %
Albany Co 43*s 1936-38.M&N
3 95
4.05
Allegany Co 43*s'32-'36.M&S
Amherst—43*s 1928-29..M&S b 4.10 to 4.20 /C
43*s 1930-1955_______ M&S b 4.20 to 4.25 %
Amsterdam 5s Wat 1927-37.. b 3.80 to 4.10 %
Auburn 43*s Dec 6 ’27-’31J&D b 3.70 to 4%
43*8 1927-1934_______ J&J b 3.75 to 4.10 %
Binghamton 4s '28 & '29.F&A b 3.65 to 3 .80 %
4s Sew Disp ’28-'36__ F&A b 3.65 to 3-90 %
43*8 1927-1956............... — b 3.70 to 3.95 %
43*a 1927-1971________ var. b 3.70 to 3.95 %
43*8 Park 1927-’37____J&J b 3.70 to 3.95 %
3.90
33*8 Bridge 1935_____F&A
Brooklyn— a—
33*8 g 1928 to 1937____J&J b 3.70 to 4.05 %
4.05
33*s gold 1936________ J&J
Broome Co 5s ’28-'33__ M&S b 3.80 to 4.05 %
3.95
Buffalo 4 3*s 1944.____ J&D15
3.95
43*s June 15 1964— J&D15
43*8 1927-1968_______ J&D b 3.60 to 3.95 %
3.95
43*8 Feb 15 '62 op '3 2 .F&A
4s June 15 1927-<10— J&D b 3.60 to 3.90 %
3.90
4s June 15 1960______J&D
33*s Water 1927-35..-M&S b 3.60 to 3.90 %
Cohoes 6s Ref Wat ’27-’45 J&J b 4.10 to 4.40 %
Corning 53* b 1928-’60...M & S b 4.0o to 4.30 %
Cortland Co 43*s '27-’51-J&J b 3.80 to 4.05 %
Delaware Co 4.20s’27-’ 52 A&O b 3.80 to 4.05 %
3.95
Elmira— 4s 1935________ M&S
43*s Water 1927-’4 5 ..A & 0 b 3.85 to 4%
4
4 3*s Apr 1 1933-1935.
Erie Co 43*s '27-’36 tax-ex J&J b 3.60 to ?.95 %
3.90
4s 1945-1953_________ M&S
Franklin Co 4 3*s '31-'40-M&S b 4.05 to 4.10 %
4.10
Freeport 4.20 Ser'31-45M&N
4.20 sewer 1946-1960-M&N
4.10
Fulton— 3.40s '27 to '29.J&D b 3.85 to 4.05 %
Garden City 43*s 1927-52.J&J b 3.80 to 4.10 %
Glens Fails— 43*s ref sewer
Aug 31 1927-1928_____F&A b 3.85 to 3.95 %
Groton 6s Wat ’27-’ 50-.M &N b 4.20 to 4.50 %
Haverstraw 4.12s '27-’37 M&S b 3.95 to4 .15 %
Hempstead Un F S D No 1—
53*s 1927-1929............... J&J b 3.95 to 4.15 %
6s 1928-1930 _________ M&S b 3.95 to 4.20 %
6s 1931-1954 _________ M&S b 4.20 to 4.30 %
3.95
Herkimer— 43*s 1927__ M&N
Hudson—
43*8 High Sch '27-’32.A & 0 b 3.80 to 4.10 %
Irondequolt 5s '29-’53__ J&J b 4.25 to 4.30 %
Irvington 4.10s ’27-'36—A&O 6 3.85 to 4.15 %
3.SO
Ithaca 4.30s '27 op var__ J&J
4.05
43*s Ref Water 1942__ J&J
3.95
Jamest'n 4s Mar 20 '43—A&O
Jamestown S D 5s 1927-'29__ b 3.85 to 4.05 %
5s 1930-1939_________ J&D b 4.10 to 4.15 %
Johnstown 43*s Dec 1927-’37. b 3.80 to 4.15 %
dKings Co 4s M ay 1 ’27-'44__ b 3.80 to 4.05 %
Kingston 33*s g '27-’3 6 ..A & 0 b 3.80 to 4%
Lockport 43*s 1927-1944_____ b 3 85 to 4.10 %
43*s Sch 1927-1944________ b 3.85 to 4.10 %
4
Madison Co 43*a 1929..F eb 1
4.10

4.35
4.50
4.70
43*
4.30
53*s M ay 1 '27-'28— M&N
53*s May 1 '29-'52____M&N
4.30
4.30 Middleport 4.35s '27-’42.J&D
4.35s Sewer ’27-'39___ J&D
4.10
4.10 Middletown 33*s 1931— F&A
4-10 Monroe Co 4s 1931-44__ F&A
4.10
4.10
4.10
4.10
43*b 1927-1943.
4.10
4.10
4.10
4.10
4.50
4.50
4.50
4.50

5s Aug 1 1928 ............... F&A

4.50
4.50
33*s Court House '30
4.30
Newburgh 43*a ’28-'34.
to 4.25 %
43*8 Wat Imp 1927-4
4.40
4s Wat Imp 1942-63.
4.55

d N ow part o f N ew Y ork C ity .




Bid.

B onds.

/F l a t price,

n N om inal.

b
b
b
b

3.95
4.15
4.05
4.05

to
to
to
to

b 3.85 to
b 3.70 to

6 3.70 to
b 4% to
b 3.70 to
b 3.70 to
b 3.70 to
b 3.80 to
b 3.80 to

4.05
4.25
4.30
4.30

%
%
%
%
4
390
4
4.10 %
4.15
4
4%
4
3.95
3.80
4.10
3.90 %
3.75
4.05 %
3.75 %
3.95
3.95 %
3.95
3.95 %
3.90
4.05 %
4.05 %
4

[V ol. 124.
B onds.

Bid.

To
Ask. Net.

New Rochelle 5s 1927-29. M&N b 3.80 to 3.95
5s 1930-1950_________ M&N b 4% to 4.10
43*s Mun Imp '27-’35.M&N b 3.75 to 4%
4s 1927-1930. ...............M&N 6 3.70 to 3.95
33*s 1927 to 1933.........J&D b 3.75 to 3-95
New York City—
43*8 June 1965_______ J&D 1063*
43*8 June 1927-30____J&D b 4.10 4.05%
43*s 1963_____________M&S 106 3* 1073*
43*s (old) May 19 57..M&N 1063* 1063*
43*8 (new) Nov 1957-M &N 10634 1063*
43*s Corp stock 1967..J&J 1063* 107 3*
43*s Corp stock '27-’32.J&J b 4.10 4 .05%
43*s Corp stk 1971. -J&D 15 107 3* 1073*
43*s Sch & Var '27-’39.J&D b 4.15 4.05%
43*s 1960 opt 1930____M&S 1003* 1003*
43*s 1960____________M&S 102 3* 103
43*8 Mar 1 1962........... M&S 1023* 103
43*s Mar 1 1964.......... M&S 1023* 103
43*s April 1965............. A&O 1023* 103
43*8 April 1 1966_____ A&O 1023* 103
43*s Apr 15 1972___A&015 1025* 103
43*s Ran Tr & Wat '74 J&D 1023* 103 3*
43*s Feb 15 192S-'66 F&A15 6 4.15 4 .05%
43*s Feb 15 1976— F&A15 1023* 1033*
4s Various 1936______ M&N
983*
99
4s Nov 1955_________ M&N
983*
4s Various 1956______ M&N
98 3*
4s Various M ay 1957.M&N
993*
993*
993*
4s Nov 1958............ ..M & N
99 3* 99 34
4s May 1959_________ M&N
33*s Dock 1927 e x ...M & N b 4.50 3 .95%
33*s g exempt 19 41..M&N b 4.15 4 05%
05%
33*s exempt 1942____M&N b 4.15
33*s R T 1948-1950—M&N b 4.15 4.05%
91
33*s g exempt 1952..M &N
893*
91
33*s g exempt 1953—M&N
893*
33*s g exempt 1954.-M&N
903*
33*s g Water ex '5 4 .-M&N
903*
90
33*s exempt 1955____M&N
903*
33*s stock Apr 1 1954.A&O
90
903*
33*8 Nov 1 1929_____M&N 6 4.50 3 .95%
3s g R T 1950 exempt.M&N
4.15
Niag Falls— 53*8 '41-48 M&N
4
4.10% Sewer 1935-50.-J&J
4.10
43*s Wat M a y l’41-’48 M&N
43*8 Repav ’29-'33 reg M&N b 4.05 to 4.15 %
4.15
43*s Sew ’39-’46 reg. .M&N
4
33*s 1942-1945_______ M&N
North Tarrytown (5)
43*s Water 1927-45— A&O b 3.90 to 4.15 %
...1 4 .1 6
43*s Water 1946-64—.A&O
___ 4.05
Oneida— 4s Water ’40-’45. J&J
— 4.10
43*s Water 1930-39___ J&J
. . . 3.65
Oneida Co 33*s 1928____F&A
Onondaga Co 3s ’27-’29—J&J b 3.60 to 3.75,%
53*s 1927-1930—.........M&N b 3.65 to 4%
4s March 1 1929______ M&S
. . . 3.86
Ossining 43*s 1927-42— M&S 6 3.85 to 4.15
Oswego— 43*s 1927-29..M&N b 3.85 to 4% %
53*8 School 1927-46.-M&N 6 3.95 to 4.15!%
Penn Yan 4.35s '27 to '31-O ct b 3.95 to 4.15 %
Poughkeepsie—
33*8 1927 to 1930____M&S 6 3.75 to 4%
43*8 Water 19 27-5 2...J&D b 3.80 to 4.05 %
Port of N Y Authority— N Y N J Bdge 43*a '32-'39-M&S 1003* 1013*
43*s 1940-1946 _______ M&S 1013* 1021*
Putnam Co 43*s *27-’29.F&A b 3.85 to 4.05
3Y5
Queens County 4s 1927._ J&D
Rochester 5s '27 31 (coup)F&A b 3.75 to 4%
4.05
5s 1932-1951 (coupon).F&A
3.95
43*s Jan 15 1933______ J&J
3.95
43*s Municipal 1945—M&S
43*s Pub Imp ’27-’48—F&A 6 3.60 to 2.95 %
43*s School 1928-45__ J&J b 3.60 to 3.95
43*8 1928-1936________ J&J b 3.60 to 3.95 %
4s Imp Sch &c '28-'47—J&J b 3.60 to 3.90 %
3.90
33*s Ref 1933 opt 1913-J&J
Rockland Co— 4s ^27-’34_M&S b 3.75 to 4% %
43*s '27-'38 (reg)---- F&A15 6 3.85 to 4.10 %
4.05
Rome— 43*s Sept 15 1931-J&J
4.20
53*s 1931-1941_______ A&O
Rye (V) 5s Mar 10 '28-’38 M&S b 3.85 to 4.20 %
Saranac Lake 4.45s’28-'39F&A b 4% to 4 .30 %
Saratoga Co 5s 1927-1941____ b 4% to 4.15 %
Saratoga Springs—
43*s Paris 1927-40____A&O b 3.80 to 4.05 %
Scarsdale 43*s 1927-’45—J&D b 3.80 to 4.10 %
Schenectady 5s 1927-'33—J&J b 3.75 to 4.05 %
43*b 1927-1931............A&O b 3.75 to 3.95 %
43*s 1927-1934________ J&J b 3.75 to 3.95 %
4s Oct 15 1927-’44__ A&O 15 b 3.70 to 3.90 %
3.95
Schenec Co 43*s ’42-'58—J&J
Solvay 43*s 1927-’40____F&A b 4% to 4.25 %
8omers (T) 45*s ’27-’53.M&N b 4% to 4.25 %
Steuben Co 43*8 ’28-’37—F&A b 3.90 to 4%
Suffolk Co 43*s 1927-'32—J&J b 3.70 to 3.95 %
43*a Oct 1927-1939__ A&O 6 3.70 to 3.95 %
Sullivan Co— 43*s '27-'29 A&O b 3.90 to 4.05 %
43*s Highway 1930-45-A&O
4.10
Syracuse 43*s 1927-35 Various b 3.70 to 3.95 %
5s May 15 1927-1938______ b 3.75 to 4%
53*8 1927-1960............M & S b 3.75 to 4-05 %
43*s June 15 '27-34-J&D15 b 3.70 to 3.95 %
43*s 1927-1944_______ M&N b 3.70 to 3.95 %
4s June 15 1927-’44—J&D15 b 3.70 to 3.90 %
4s Refunding 1929____J&D
3.85
4s 1927-1930— ........... .F&A b 3.70 to 3.90 %
4s 1931-1946_________ F&A
3.90
33*s Water 1928______ J&J
3.60
Tioga Co 5s 1928-1930__ M&S b 3.90 to 4.15 %
Tonawanda (City of) 43*s
1928-1942_____________ J&J b 4.10 to 4.25 %
4?*s Sewer 1927-1953.-J&J b 4% to 4.30 %
5s Water 1927-1950____J&J b 4% to 4.30 %
53*8 Water 1927-1950—J&J b 4.05 to 4.35 %
53*8 Street impt 1931.-J&J
4.30
Troy 6s 1927-1940 reg..A & O b 4% to 4.30 %
43*s School 1927-31— F&A b 3.80 to 4%
43*8 Feb 15 1928-1957_____ b 3.85 to 4%
43*b 1927-1965..............-J&J b 3.80 to 4.05 %
33*8 Water 1927-36___ J&J b 3.75 to 4%
Utica— 43*s 1927-35____M&N b 3.75 to 4%
43*s Pub Imp ’27-'42—A&O 6 3.75 to 4%
43*s Pub Imp ’27-'45.J&Jl5 b 3.76 to 4%
4.10s 1927-1931.........- A&O 6 3.75 to 4%
4.10a 1932-1946______ A&O
33*8 N ov 1 1927-’35__ Nov b 3.70 to 3.95
Warsaw Union Fr S D No 10—
43*8 1927-1942...............Oct b 4% to 4.20 %
Watertown 43*s 1942____J&J
43*s 1927-1953............... J&J b 3.80 to 4.05 %
5s 1927-1945.................. J&J b 3.85 to 4.10
4s May 1938................. M&N
S
33*a Sewer 1927 ......... M&N

4.05
3.75

M ar .,

1927.]
Bid.

Bonds

To
Ask. Net.

B onds

Bid.

Cincinnati (Concluded)—
Watervliet 6s 1927-30____Vai b 4% to 4.25 %
*4 Ms Sew Sept 3 '37.M&S1
4.30
b 3.65 to 3.75 %
3.65s g Feb 1937
F&A
5Ms 1927-32 reg
J&D b 3.75 to 4.10 %
4.05
5s 1939-76 _ ~ _
J&D
5s June 1 1929-54
J&D 6 3.90 to 4.05 %
Oinc S D *4Ms 1934 A&OIS
b 3.95 to 4%
4s 1936 opt 1906______ M&S ...........
4.05
3 Ms 1940 opt 1912
A&O __
iM s Go B id s'/927-44~ A&.fl b 3.70
Cleveland *5Ms 1940-70 J&D
%
*6s 1932-1933
J&D
4s’ Co Bldg 1928 59* M&S 6 3.70 to 3.90 %
4s 1930 to 1935 ”
F&A
3.90
*5Ms Pub Hall 1970 J&D _
White Plains— 4s ’ S>7-’98 FA A b 3.25
*5s"W W 1936-1968
J&D
%
4 Vis 1935-1959 fregl MAS _
4.05
*4Ms Grad Cros ’30-’54 A&O ______
4.15
*4Ms Paving 1929-34—J&D ______
5Ms Sch 1931-1936
A&O
4
3 Ms Water 1931
A&O
*4Ms Sewer 1930-49
J&D ______
Wolcott 4V$s Jlv 15 ’27-’42.T&.l b 4% to 4.30 %
*4Ms St Imp Feb 1 '34 F&A
6Ms Jan 1928-1961
A&O
4 Vis July 1 1927-62
A&O
4 Vis Mar 1 ’~28-’56
A&O
5s April 1 1927
. A&O
5s 1927-1938
A&O
NORTH CAROLINA
4Ms School 1928-46
4 Ms 1928-1962 -

53

STATE AOT) MUNICIPAL BONDS

b 3.75 to 4.10 %
b 3.75 to 4% ;
b 3.75 to 4% ,
3.75
b 3.80 toJ4.05 %

6s Bridge 1928-37 ~
A&O b 4.30
Charlotte— 5s St&Sew'9Q .TAJ
5s School 1928-46 .
F&A 6 4.05
5 Ms Fund 1928-29
FA A 6 4.10
6Ms 1927-1930
” M&N 6 4.10
5Ms 1931-1948
M&N
4 Ms Water Mar 1935 .TA.T
4 Ms Wat & Sew 1942" .TA.T
Durham-4 Ms SewAT.t’4i .tat
4 Ms F u n d '27 to 1949 ".TA.T b 4.15
5s Water 1928 to 1945 .TAT b 4.20
5s Fd & Sewer ’27-’3Q” f a A b 4.20
Granville Oo 4 Ms '39 Mat?
Greensboro— 5s W w " ’.3n .TA.T
5s A uk 1 1942 W
w a
4Ms 1928-1963..
J&J 6 4.25
4 Ms 1928-’30___
F&A b 4.15
4M s_1931-’65_________ F&A b 4.30
4s Water Works 1Q54 .tat
Greenville 5s W w "’58*""wa A
Iredell Oo 5s Aug 1 "'4 2 " p a A
4Ms 1929-1939______ lA&O b 4.30
4Ms 1940-19.50
a AO
Lee Co 5s Road 1952
MA'N’
Lincoln Co 6s 1943 A ’48 .TA.T
5s Bridge 1937-1961
FA A
Mecklenburg Oo—
6s Ref Nov I960
M AN
Pitt Oo 5s 1927-36..
M&N b 4.30
4Ms 1943-1947
MAS
5s Fund June 1959
.TA.T
Raleigh 5s 1927. . .
A AO

______
4Ms Park 1938 _____A&O ______
*4 Ms 1927-1935_____ M&S
*4Ms 1936-1950______ M&S
4s Park 1929-1931
A&O

4.20
%
%
Cleveland S D *4Ms 1927-28
4.10
*4Ms 1929 to 1935 _
4.10
4s July 1 1932______
J&J
to 5%
*6s 1927-1928- —
J&D
4.45
*6s 1929 to 1935
J&D
4.45
to 4.50 %
*6s 1927-1959
— - A&O b 4.25
Columbus *6s 1949-57 M&S
%
to 4.30 %
*5s St Impt 1928-1932M&S 6 4.15
to 4.40 %
*4 Ms 1929-1935--.
M&S
to 4.50 %
*4Ms 1936-1938
M&S
4.40
to 4.60 %
4.20
3 Ms 1932 opt 1912
J&J
Columbus S D"—
to 4.25 %
to 4.25 %
•5s 1943-1952
J&D19
to 4.35 %
6 4.15
4.35
*5s Bridge 1927
A&O
4.20
*5s Ref 1927-1932
A&O
4.20
*5s Ref 1932-1939
A&O
4.20
4s 1927-1941
A&O b 3.80
4.40 •Dayton— 5s 1927-32
M&N b 4.15
to 4.40 %
to 4.45 %
to 4.45 %
4.50
*4Ms Bdge 1927-1951 M&S b 4.20
4.35
*4Ms W W Imp 1940 J&D
4.45
*4Ms Bdge 1933 39 A&O
to 4.40 %
Dayton S D 5Ms '41-'61 M&S
to 4.30 %
*5s Mar 16 f27-'46 M&S16
to 4.35 %
East Cleve *5s 1927-29 A&O b 4.15
*5s St Impt 1930-35
A&O
4.70
4.50 Elyria 4s 1927 to 1938 ” J&D b 3.80
to 4.45 %
*5s W W 1929-1946___J&J
•Findlay CityS D 5s 1927 J&J
4.60
4.60 Franklin Co *5s ’28~-’29” MAS
4.60
b 4.15
*6s Rd M ay 2 ’27’-31M&N2 b 4.15
4.60 Hamilton Co *4 Ms 194.8 FA.A
to 4.50 %
*4 Ms Oct 1 1939
A&O
4.45
*4Ms Sewer 1927-’28
4.50
4.20
4s O H June’36 op '16 .TAD
4.45 Ironton *4 Ms W W63fi .TAT)
4.45
to 4.50 %
*4 Ms 1927-1939_______ A&O b 4.25
to 4.85 %
*4Ms Oct 1945
A&O
to 4.85 %
*5s Park & Imp '27-’41-A & 0 b 4.25
4.76 •Lawrence Co 5s 1934
MAS
4.45 Lima—
to 5.15 %
*5Ms Sewer 1927-1947______ b 4%
*5s Sewer Feb 15 ’28-'51
4.50 *4 Vis Oct '27-Oct ’3f) AAO b 4.15
to 4.45 %
3 Ms R e f'30 opt ’25” A&O
4.40 Lorain 5s 1927 to 1932
J&J b 4.15
4.40 * 5 s W W R ef 1927
M&S b 4.15
4.30 *6s Fd Sep 15 '27-’28M &8l6 b 4.15
to 4.65 %
Lucas Co 4s C-H 1944
M&S
4MsW&SSeplO '27-30M&S10 b 4%
to 4.35 %
*4MsW&SSepl0’31-35M&Sl0
4.45
4.45
to 4.45 %
5s 1932 opt 1922 —
J&J
4.40 Marietta— *4Ms '27-'33 J&D
4.40
3Ms 1931 opt 1911
F&A
to 4.30 %
Martin’s Fy *5s ’27-’44 M&S
4.40
to 4.45 %
5Ms (1 to 5 yr mat’y) J&D b 4.25

J&j b 4 % to 4M
J&J 6 4 % to 4M

4s Building 1951
j& j
Albemarle 6s 1928-38
FA, A b 4.60
Asheville 5s Ref 1941
.TAJ
5s School 1943
J&J
6 Ms 1927-1957 _
J&J b 4.15
5 Ms Street 1928-36
FA A b 4.15
4Ms 1927-1929
M&N b 4.15
4 Ms 1930H965
M&N b 4.35
BuncombeOo 5a’27-’46 .TATI b 4.20

____

Ask. Net.
4.15
3 80
3 80
3.80
4 ?n
3.80
3.80
4.20
4 ?n
4.20
4.15
4.15
4 15
4 15
4 in
4 10
4 10
4.10
3.80
3.80
4.10
4 10
3.80
3.80
4.15
4.20
3 80
4 96
4.25
to 4.40 %
4.30
to 4.20 %
4.10
4.15
3.80
3.80
3.80
4.25
to 4.25 %
4
4.20
4.20
to 4%
to 4.25 %
4.15
4.20
4.20
to 4.20 %
4.20
4.20
4.30
4.25
to 4.30 %
4.30
3.80
to 4%
4.35
4.50
4.50
4.15
to 4.30 %
to 4.30 %
4.20
4.20
4.10
4.15
3.80
4.40

Bid.

Bonds

To
Ask. Net.

OKLAHOMA
4Ms Oct 15 1927-33.-A&016 b 4% to 4.25 %
4s Funding 1927.
..F & A b 4%
%
4.50
5
______
4.60
Oklahoma City—
6s 1037 npt 1999
FA A
4.40
______
4.40
4Ms Sewer 1936______ F&A
4.40
4.40
Okla City 8 D 4s 1933 . J&J
4.40
5s 1926, 1930. 1931____Vat
4.50
Okla Co 4Ms ’2 7 -'3 3 .. .J&D 6 4-25
%
4.60
6 4%
%
4.60
Tulsa 5 Ms 1928-32____.F&A
5Ms July 1946
. . . F&A
4.60
5 Ms Wat & Park ’30-’49 F&A
4.60
5s 1933-1947 _______ F&A 6 4.40
%
OREGON
4 Ms Highway ’27-Apr'44 A&O 6 4.10 to 4.25 %
4 Ms 1927-1944 (s-a)____A&O 6 4.10 to 4.25 %
4-15
_
4 15
410
4s Highway 1927-41____A&O
4.10
4s Aug 1 1928-1933_____F&A
4.10
5
4.96
5 Ms 1927-1949 . . .
J&J
5
Baker City 5s 1 9 3 4 ... .M&S
4.80
4.80
5
4.60
6 4.20 to 4.25 %
4Ms Bridge 1931-1944 J&D 6 4.20 to 4.25 %
100
4Ms 1949-1956______ F&A
101
4s Bridge 1945-1955
J&D b 4.20 to 4 25 %
5s Road 1927-1939__ M&N b 4.20 to 4.30 %
4Ms July 15 ’28-'39 J&J15
4s July 15 '40-’45 . -J&J15
Portland 5 Ms 1928
F&A
5s Harb Dev 1927-50 M&N
4Ms Dock 1943.. . M&N
4 Ms Oct 1097-47
AAO
4s Water 1937
M&N
4s Water 1936-1955
M&N
5s Refg 1955

J&J

6 4.10
b 4 .25
6 4.25
6 4.25
6 4.20
b 4.20

4.20
4.20
to 4.30 %
%
to 4.35 %
to 4.35 %
to 4 30 %
to 4.30 %
5
4.90
5
4.50
4.70

PENNSYLVANIA
5s July 1 1951 Series O ..J & J 115M 117M
4Ms Dec 1 1951.
J&D
106M
4Ms Julv 1929, 1934, 1939
1944, 1949. .
J&J 6 4% to 3.97
4s Highway 1930, 1932, 1935,
'37,'40, 4 2 ,'4 5 ,'4 7 ,'5 0 '52 99 M 100M
'4 8 ,'5 1 ,'5 3 _______

M&S b 4% to 3.97 %

4s Street Impt 1937.-M&N
99 H 100 M
3 M» 1927 to 1931____A&O b 4.15 to 4.25 %
98
Allegheny Co 4 Ms '4 3 -.M&N
99
4 Ms 1927-1956_______ A&O 6 4% t o 4.10 %
98
99
4s Road 1939 _______ A&O
98
99
98
99
3 Ms 1932 opt 1922
M&N
5s ImDt Juno 1 1944 " jatt
98
99
Rutherford Co 5s ’~27-’52~~'j&j b 4.35
to 4.30 %
4s R ef 1936 opt 1916 . J&J 98
99
Salisbury 6s ImDt ’27-'3.5 .TA.T b 4.50
4.30
98
99
68 1927-1941_________ M&N b 4.50
99
Altoona S D 4s '27 to '35. A&O 98
to 4.30 %
Surrey Oo 6s M av 1933-1958
4.35 Bethlehem S D 5Ms '30, '35,
Wake Oo 5s Fund 1948
JAT
'40, '45, '5 0 .............. J&D 6 4.10 to 4.20 %
Braddock 4 Ms '27-'44._M &N 6 4.10 to 4.20 %
Weldon 6s Jan 1928-194*2*"
b 4.75
to 4.50 %
Wilmington—
------4.40
4s 1927 to 1935
..M & N 6 4.10 to 4.20 %
6 4 10 to 4.20 %
to 4.40 %
4
Chester— 3 Ms 1929___
J&J 6 4.10 to 4.20 %
4Ms 1927-1962-."A&O b 4.20
4Ms g Wat & Sew'48 AAO
b 4.10 to 4.20 %
to 4.40 %
4 Ms Wat & Sew 1952 .TA.T
to 4.40 %
4 Ms 1935-1940
J&J 6 4.10 to 4.20 %
4s g R ef Julv 1 1929~ " ta ,t
Chester S D 4 Ms ’32-’47-'42
b 4.10 to 4.20 %
to 4.40 %
Wilson— 4M sl928-’57 ~F&.A b 4.30
3-80
b 4.10 to 4.20 %
Winston-Salem—
to 3.80 % , Erie— 4 Ms Sch 1927-'39.A&0 6 4.10 to 4.20 %
4.15
5s 1927-1932.............
J&J b 4.20
4Ms R ef 1935 opt '24 J&J 6 4.10 to 4.20 %
FA A 6 4.10 to 4.20 %
4.15 Erie S D 4s 1927-’38
5s 1933-1936______
J&J
6s gen ImDt 1944
.TAJ
4Ms 1927-1937
A&O b 4.10 to 4.20 %
3.90
6 4.10 to 4.20 %
5s Sept 1927-1947____M&S b 4.20
4Ms Jan 1 1936-1946 . . .
4Ms July 1 1942—.........J&J
4.30 F a y e t t e Co 4 s r o a d 1 9 3 6 A & O 6 4.10 to 4.20 %
3.90
6 4.10 to 4-20 %
4Ms July 1 1952—
J&J
4Ws 1927-1932
JAJ b 4.15
6 4.10 to 4-20 %
4.50
6 4.10 to 4 20 %
4Ms 1933-1973 . .
J&J
4s M ay 15 1927-1953..
b 4.10 to 4.20 %
to 4.50 %
Johnstown 4 Ms 1930__
esim p Aug 15 ’27-'30F&Al5 b 4.25
4.56
b 4.10 to 4.20 %
NORTH DAKOTA
4.50
b 4.10 to 4.20 %
5s Farm Loan 1935,1940 1945
______
J&J b 4.40
and 1950
%
3.80 Lancaster 3s '38 opt '28 A&O 6 4.10 to 4.20 %
Middletown 4s '30 op '20 F&A
5 Mb 1945 & 1948 ser O __ J&J b 4.40 to 4.75 %
3 Ms Sewer 1934______M&S 6 4.10 to 4.20 %
Montgomery Countv—
5Ms July 1928-1933 — J&J 6 4.40 to 4.60 %
•5s FI Emerg '27-4 2--J& D b 4.15 to 4.20 %
Lancaster S D 4s M ay 1945 6 4.10 to 4.20 °7,
Grand Forks 5s M ay ’27-'38
4.65 Newark * 4 Ms 1 9 2 7 -4 1
AA O
4 30
6 4.10 to 4-20 %
3.80 M cK ’p 't S D 4Ms '27-'43M&N 6 4.10 to 4.20 %
Norwood 4s 1930 A&O
4.25
4
6 4.10 to 4.20 %
4Ms 1927-1932A&O
4.50
•Akron 6s 1927-1940
A&O b 4.20 to 4.35 %
*6s Sewer 1928-36
J&J
6 4.10 to 4.20 %
4.20 Springfield *5s 1927-1934
b 4.15 to 4.30 %
98
•5s 1928-........
Var
98 M
•5s W a t e r 1927-1953--A&O 6 4.20 t o 4 . 3 5 %
5s Jan 1951
____ J&J 104
105
4Ms 1927-1930
MAS b 3.90 to 4%
*5Ms 1928-1929______ J&J b 4.20 to 4.25 %
3.80
4 Ms M ay 1948 ____ J&J 104
105
4Ms 1931-1935 M&S
1.30 Springf’d S D *5s '27 '39 J&J2
4 M s N a v 11Q 48
TAT 104
4.30
*5Ms 1930-1937
J&J
105
1.30 Steubenville *5s 1928-35 M&S
4 Ms Sept 1ft 1975
TAT 100
4.30
*5Ms 1938-1951
J&J
100M
4.20
4Ms 1927-1947 —
A&O b 4.15 to 4.30 %
Summit C o *5s 1927-30 A&O
4 M s 1956
101M
4.30
4.20
*4 Ms 1936-1955
A&O
4s July 1939._ .
J&J 98
99
4 s J u l y 1 Q 49
TA.T
4.30
98
99
4.20
*4M W WDec31’27 37.JD31
4.25 * 4 Ms 1927-1937 1.20
99
98
*4Ms 1929-1946-. .
4 s Water Works 1 9 4 2
AAO
3.80
4.15
99
4s Feb 16 1955______ J&J 98
4s Nov 1 1Qfifi
.TA.T 98
1.15
99
*5s Sept 1927-1942
M&S
Alliance 4Ms 1927-1932 J&D b 3.80 to 4%
4 s .Tnlv 9fi 1 0 7 2
.TAT
•5s Water Dec 15 1927-1950 b 4.30 to 4.50 %
4.15
99
98
Ashland—
3 Vis .Tillv 1932
.TA.T b 4-10 to 4 -20 %
4.20
* 6 s Pub Wharf I960 M&S
•5 Ms WW Imp ’27-’44 A&O
1.50
4.20
3Ms July 1 1934______ J&J 6 4.10 » 4.20 %
Butler Co—
*4Ms Sept 1 1928
M&S
4.15 Phila S D 4 Ms ’27-’43____J&J b 4 1 0 ;o 4.20 %
1.25
•4 Vis Wat 1932 34
.TA.T
•4Ms Fl-Elmer ’27-’31 M&N
4.15
4s 1927-1942
J&J 98
99 M
4 Ms B d g '28.'33 A '38 FA A
Cambridge— 4 Ms '27-'34 J&J
4.50
3.80 Pittsburgh— 4Ms ’27-’50 J&D 6 4 10 to 4.20 %
4 V/s .Tune 1 i 0 2 7
" .TATI
*5s Sewer 1953 _____M&S
4-50
3.80
3.75
*5s Sewer 1931-37— M&S
4.50
3 Vis Refund'g 1930 MAN
3.85
3.90
4
Oanton— *5s Sew 1953 M&S
4.30
4Ms 1929-1940
J&D
*6Ms Fund 1927-37_J&D b 4.15 to 4.30 %
4
4s 1927-1929 .............
4 M s 1 9 4 1 -1 9 5 6 ____ __ J&D
4.05
4.30
•6s Water 1944-1959- A&O
4s 1927___________ .M&N b 4.10 to 4.20 %
*4 Ms 1927-1930____ A&O 6 4.20 to 4.25 %
3-80
4Ms Water-Wks '30--M & S
4s 1928 to 1939 _
J&J b 4.10 to 4.20 %
*4Ms 1931-1950 A&O b 4.20 to 4.25 %
4s 1927___
________ F&A 6 3.90 to 4.10 %
*6s 1927-1930________ M&N b 4% to 4.25 %
4Ms ’27-'38 taxable..M &N b 4.10 to 4.20 %
•Oanton S D 5s 1954— A&08
;o 4.20 %
4.30 *6s 1931-1960
M&N } 4.20 ;o 4.30 %
> 4.10
4
•5s Dec 10 1927
J&D10
Pittsb S D 4 Ms 1927
J&J b 4 10 to 4-20 %
b 4.15 to 4.30 %
to 4 20 %
4.30
6 4.10
•4Ms Dec 5 1939-42
J&D
4s 1927-1928
MAS b 4.10 to 4-20 %
•4.40s 1956__________
1.30
*6s"Fund 1928________ A&O
4.20
Cincinnati—
4s 1927 and 1931
6 4.10 te 4.20 %
•6s Bdge 1932-41. ...A & O
4-30
•6s Funding 1928_____F&A
1 .1 0
b 4 .2 5
to 4.30 %
5s Impt. 1943-1949
J&J
4.05
1 .2 0
*4 Ms 1927-1957
A&O b 4.20
4.10
%
%
*5Ms Imp Feb '46, '51 F&A
1 .2 0
5s 1927-19*50
F&A b 4.10 to 4.20 %
*4 Ms 1944-1Q47
MAS
1 .2 0
•5Ms Mar 10 '31— -M&S10
4.30
4s 1927-1937______ __ M&S 4.10 to 4.20 %
•5s July 1 1965________ J&J
1.15
*5s 1927-1944.......... M&S 4.15 jo 4.30 % i 4s 1930 & 1935
A&O 4.10
%
•4 Ms July 1943........
J&J
1 .1 0
4.10 to 4.20 %
•4Ms Sewer 1955
A&O
1.1 0
Market 1927-39 .
M&S 4.15
3 Ms 1927-1932
F&A >4.10
%
%
’
1
Zanesville S D *5s '27-’43A&0 4.15 0 4.50 %
Uniontown 4s '28 ex-tax M&N 4-10 to 4.20 %
* Subject to taxation. By an amendment to the constitution of Ohio adopted Sept. 3 1912, bonds issued after Jan. 1 1913 by municipalities 1U lhat
State are subject to taxation. Bonds issued prior to Jan. 1 1913 are exempt from taxation, 6 Basis. /P la t price, n Nominal.




54

[V ol. 124.

STATE AND MUNICIPAL BONDS
Bonds

Bid.

Wash’ll Co 4 ^ s '27-'34—M&S 6 4-10
4sl927-1933_________ M&N b4.10
Wilkes-Barre 3J*s’28-’29-F&A b 4.10
4a 1928 to 1935________ J&J b 4.10
4J*s Imp ser I ’27-’38-A & 0 b 4.10
4H s 1931-1940________ J&J b 4.10
4H s Impt 1940-1945--J&J 5 4.10
Wmsport 3H s ’29op’09-M &S b 4.10
Fork 4H s 1927-1943____F&A b 4.10
Fork Co 3 ^ 8 '27-’32— M&N b 4.10
RHODE ISLAND
(a Oharlt Inst 1965.........M&S 100
3Ha gold S H 1934______ J&J 96 H
Bristol— 3 Ha g 1930___ M&S 969*
Cent Falls 4s ^27-’30____F&A 99
Cranston 4 Sch 1928-1966 J&J 96 X
N Prov’ce 4s J-ne 15 '47-J&D 96
Johnston 4}*s 1930, 1935,
1940_________ - ............M&N 101
Lincoln— 4a 1928_______ A&O 99J*
Newport— 4 Ha ’28-’3 9 --M&S 101
5J*s June 1 1927-1958____ 114
4 J*s May 1927-42_____M&N 100
4H s Mar 1928-35______M&S 100
4s M ay 15 1948-.........M&N 973*
33*s g High Sch 1954-J&D 883*
Pawtucket— 4H s 1950__ J&J 103
43*s Sewer 1952...........-J&D 103J*
4 Ha School 1954.......... M&N 999*
4s Water 1937--.........M&N 973*
Providence 4s 1927_____A&O 99H
4s Water Jan 2 1936______
99
4s Jan 1 1945.................J & J 99
4s Oct 1 1954-................A& O 99
4s July 1956-..............._.J&J 99
4s M ay 1962__________ M&N 99
4a Water 1962.............J & D
99
4a Oct 1 1964_________ A&O
99
33*s Sch & Br 1929-— M&N 98
3s Sew & Impt 1929. .M&N
97
Westerly— 4s 1927______ M&S 993*
3 3*s Water Feb 1929.-F&A
98
Aoonsocket 4H s Fd ’41-J&D 102
6s Fund 1927-1935— M&N 1053*
6s Fund 1936-1961__ M&N 119 k
43*a Funding 1944— M&N 1023*
43*s June 1927-1957--J&D
993*
6s Funded 1927-1959-.A&O 107
4s Funding 1947______ A&O 96
3H s Wat May 1 '31 M&N
963*
SOUTH CAROLINA
43*s Blue 1928__________ J&J
4s Refund 1952 opt 1932.-J&J
Charleston— 43*s 1928--A& 0
43*s Jan 1962— ......... .J&J
4s Sewer 1929________ A&O
4s Refg ’38 (tax-exem)-J&J
Charleston Co 6s 1937— J&J
Oheraw 5s ’ 52 opt ’32__July 1
Clarendon Co—
6s May 15 ’36-’40--M&N15
Columbia 5s R ef 1941__ M&S
43*s Water 1945______ J&J
Greenville— 5s St 1942__ J&J
5s Water 1958opt '38-F&A
Greenville Co 43*s’40-’55-J&J
Lancaster S D — 6s 1941--J&J
6s July 1946__________ J&J
Richland Co 5s 1933_____J&J
Bock Hill 5s'1951 opt '31-J&J
Spartanburg 43*s 1935--A&O
43*s Water 1930-1939--J&J
43*s Water 1940-1965-J&J
5s Sept 1 1939____________
5s N ov 1 1943____________
Spartanburg Co 43*s ’27.M & N ___
Sumter Co 5a ’28-’52____J&J b 4.30
Fork Co 4j*s 1928-50____J&J b 4.35
SOUTH DAKOTA
5s Rural Credit ’33-'40_-A& 0
5s Sept 1941____________M&S
5s Mar 15 1931-35— M&Slg
5s June 1 1927-39_______ J&D
5s Highway 1927-28_____A&O
5s Jan 15 1934-40____ J&J15
53*s Jan 15 1943_____ J&J15
49*s Rural Credit 1939--J&J
Aberdeen 43*s Sewer '32.J&J
Sioux Falls 5s 1931______ J&D
Sioux Falls S D 5s 1935--A&O
53*s Dec 1 1940_______ J&D
TENNESSEE
43*s July 1 1927-67_____J&J
43*s Ref 1927-55.........—J&J
43*s 1938-55_____________J&J
4s Ref 1927-55— ............. J&J
4s 1932-53_______________ J&J
Blount Co 5s 1931, 1936.
1941, 1951........
J&J
Chattanooga 4J*s 1937__ J&J
53*s Ref Apr 15 ’51-A&015
5s Audit 1927-32___ M&N
43*s May 1952_______ M&N
4 3*sPark 1942_______ M&N
43*s Dec 30 1941— J&D30
Oocke Co Rd & Bdge—
1929, ’34, ’3 9 _______ M&N
Cumberland Co 5s 1956--J&J
Davidson Co 43*s '37 op.F& A
Dyer County 43*s 1955______
Grainger Co 5s 1940____ F&A
Hamilton Co 5s 1935____A&O
5s April 1945_________ A&O
43*s O H & Jail 1942—A&O
43*s Bdge & Sch 1947-A&O
Knox Co 5s 1930-45_________
Knoxville 5s 1940______M&N
6s Wat Ref 1928-46— -M&S
63*s Fund 1950-.........M&S
5s Dec 1930___________
43*s July 1 1933-48___
43*s Funded, &c., 1937 J&D
43*s Water-wks 1949—J&J
43*s June 1 1929______ J&D
43*s 1928_____________ J&D
43*s 1929_____________ J&D
43*s 1930_____________ J&D
4 3*s 1931-1936_______ J&D
4 3*s 1937-1963_______ J&D
4s June 1 1929________ J& d !-.
Memphis 5s July 1954__ J&J —
5s River Term ’27-’48-A & 0 b 4%
6s Audit M kt ’28-’49—J&J b 4%
43*s Refunding 1939__ J&Ji —
43*s St Impt &c 1940—F&A —
43*s Park 1947........... -J&J -43*s Street 1947........... M&S -.
43*s 1950_____
—J&J 43*s Park 1959.........—A&O -.
4s Water 1933_______ M&N —
Memphis S D 43*s 1959—J&J —

Ask.
to 4.20
to 4.20
to 4.20
to 4.20
to 4.20
to 4.20
to 4.20
to 4.20
to 4.20
to 4.20

bBasis. Flat price, n Nominal




To
Net

Bonds.

Bid.

To
Ask. Net.

Bonds.

Bid.

Ask.

To
Net

Nashville 6s 1927-1942.. A&O b 4.25 to 4.50 %
Newport News 43*s '48-J&D
4.45
5s March 1928-1960—M&S b 4.30 to 4.40 %
4 3*s Feb 1953________ F&A
4.45
5s March 1933_______ M&S
4s Street Nov 1 1941--M&N
4.40
4.45
Norfolk— 6s Oct 1 1950--A&O
5s School 1927-1945__ J&D b 4.25 to 4.50 %
4.60
4.30
53*s School Oct 1 '51—A&O
43*s Street 1935______ J&J
4.50
43*s High Sch 1940____J&J
4.30
5s Municipal 1949____F&A
4.40
4.45
4s Water 1928________ J&J
5s Municipal 1969____F&A
4.20
Polk Co 5s 1927-46______ J&D
43*s Munlc Impt ’42-M &S
4.60
4.35
Putnam Co 43*s 1941--July 1
43*s Renew Apr 1 ’41-A & 0
4.60
4.35
Robertson Co 4s’41op’31-J&J
4.50
4J*s Imp July 1940__ J&J
4.35
Shelby Co— 43*s Sch ’41-J&J
4s Impt March 1936—M&S
4.30
4.35
43*s Munlc 1933-’57—J&D
4.35
4.40 Petersburg 4}*s 1952__ A&O
4s Court House 1955--J&J
4.30 Portsmouth—43* s 1940-F&A
4.40
5s School 1929, 1939. 1949— b 4.25 to 4.40 %
53*s Aug 1 1951______ F&A
4.55
TEXAS.
43*s Imp Oct 1 1942—A&O
4.40
Austin 5s 1927-1942_____J&J b 4.50 to 4.70 %
4.40
43*s Sch & Sew 1938--J&J
5s SchBlg&Hos ’52op’32J&J
4.70
43*s 1930-1940________ J&J
4.40
43*s 1941-1954________ J&J
4.70
43*% Ref 1927-1946---J&J
4.40
5s Water 1948________ J&D
Beaumont 5s ’52 op '3 2 .-A&O
4.45
4 60
5s Water Works 1954-M&S
4 69
6s Refunding 1928_____J&J
4.40
4 60 Richmond— 6s 1927-29__ J&J b 4.15 to 4.20
5s 1927 ..........
A&O
115
4 60
6s July 1 1930_________ J&J
5s 1928-1930-...............A&O
4%25
5s 1931-1939.......... — A&O
4.60
101
43*s Pub Imp 1949____J&J
4.20
4.60
1003*
5s 1940-1965_________ A&O
4 3*s St & Pk Rd Sept '2 9 -J&J
4.15
4s 1942 opt 1922______J&D
4 60
983*
43*s 1958 _____________J&J
4.20
Cisco 6s Fund 1949-62—F&A5
6
4s 1927 to 1930..............J&J b 4 J 0 to 4.15 %
893*
4.90
Cleburne 5s W W ’52op’32 J&J
4s 1938 to 1943________ J&J
4.20
4.30
Dallas— 5s 1931________ J&D
4s 1 9 41_______________J&J
4.20
5s g Aug 1928________ F&A
4s Elec Light 1942.........J&J
4.30
4.20
5s 1927-1960________ M&N b 4.25 to 4.35 %
4s 1943 _______________J&J
4.20
4J*s Sch 1927-1952__ M&N b 4.25 to 4.35 %
Roanoke 43*s Ref 1936__ J&J
4%
100
43*s 1928, 1938, 1939, 1942,
43*s Street Impt M ay 1940
4%
100
1943, 1944, 1945____J&J b 4.25 to 4.35 %
43*s Pub Bldg 1941—M&N
4%
43*s 1927-’30________ M&N b 4.25 to 4.35 %
43*s Pub Bldg 1944--M&N
100
4%
43*s Apr 1952________ A&O
4 3*s 1931-’45________ M&N b 4.25 to 4.35 %
100
4%
100
43*s 1946-'65________ M&N b 4.25 to 4.35 %
4s Street Impt 1936____J&J
4%
Stafford Co 5s 1942______ J&J
4s School 1927-1951 — -J&J b 4.25 to 4.35 %
100
4.70
Dallas Co4J*sSeptl0’51 AprlO
4.40 Staunton 5s 1929-58____M&S b 4 35 to 4 55
100
5s Vlad’t & Bridge Feb 10
Tazewell Co 5s 1927-46__ J&J b 4.25 |to 4.60,%
W ASHINGTON
1954 opt 1924___ Apr 10
5
ElPaso 5s WWPurch’ 50-A&O
4.60 6s Gen Fund 1927-1940--J&J i 4% to 4.15 %
5s Fund 1951 opt '31—M&S
4.60 53*s Feb 1 1931________ F&A 104W 105
6s School 1955 opt '3 5 --J&J
4.60 Aberdeen 53*s ’27-’31__ J&D
5s Impt Aug 1 1948__ F&A
4.60 Clarke Co 5s ’35 opt '25-Jan 1
Fort Worth 5s 1951_____A&O
4.50 Everett 5s July 15 1931—J&J
5
5s 1929-1934_________ J&D
4.50
5s June 1936_________ J&D
5
5s 1935-1959_________ J&D
4.50
53*s Water 1934-1938-M&S
5
4.35 King Oo— 5s 1928______M&S
4.50
43*s Stlm p’48 op aft’28 J&J
43*s Sch’49 op aft ’29-J&D
4.35
5s Court House ’33 opt May
4.76
4.60
4s Refunding 1941____J&J
4.35
5s Road 1935_________ F&A
Galveston— 5s 1932-1936-J&J
5
4J*s Harb opt ’27-’30 N ovi b 4.65 to 4.80 %
3.85
5s Grade Rais 1944__ A&O
Lewis Co 5s 1928-32____M&S b 4.85 to 5%
5
4.10
5s School 1927-1954--M&S
Pacific Co 43*s July 1 ’28-’36
5
4.15
4.20
5s 1927-1956_________ A&O
Pierce Co
5
4.40
5s Sept 1 1928-37___ Sept b 4.60 to 4.70
43*s Grad, &c, ’48op'28 J&J
5
4.2.-,! 43*8 Grad,&c,’49 op’29A&0
4s Rer 1927 opt 1916--M&S
t.75
5
4 35 Galveston County—
Port of Seattle 5s '27-’55 M&S
4%
4 60
5s Bd Apr 10 ’51op’31 A&O
4.80
4.90
43*s Jan 1928-1955____J&J
4.75) GrlmesCo 53*sl927_—A&O10
5
Seattle— 5s 1927-1930____J&J
4.50
6s L & P Sys 1927-41—A&O
5
53*s Road ’28-’29—-A&O10
5
4 75
53*s Road 1930-’54-A&010
53*s L & P 1929-43__ M&N
5
5
5s Light & Pow 1942-56A&0
4.50
4-80
4-50 Harris Co 4s ’47 op '17 A&O
4-40 Houston— 5s Sewl939— M&N
4.40
43*s Sewer 1931_______ J&J
4.50
4-50
5s Ref Oct 18 ’41op’31-A & 0
4J*s Light ext 1932____J&J
4.50
4.40
4 50
43*s 1928-1932...........-A&O b 4.20 to 4.40 %
5s Mun Imp ’28-’36__ F&A b 4.45 to 4.65 %
4.40
43*s Sept 1927-1952--M&N b 4.45 to 4.65 %
43*s 1933-1940-..........A&O
4.40
4.50
4 85
43*s Oct 26 ’38 op ’28-A & 0
43*s 1941-1955............A&O
4.40
5
4s April 1 1929_______ A&O
Palestine 5s Sch Aug 1 1929
4.35
4.85 Seattle School Dlst N o. 1—
4.45
'34, ’39, ’44, ’49, ’54, ’59, ‘64
4.70 Port Arthur 5s 1927-56--M&S
43*s Mar ’28 to ’3 1 -—M&S
4.70
4.60
4.45
4s 1946-1950 ________ M&N
4.70
5s Water Aug 2.5 ’28-’65
4.40
4.45 San Antonio— 5s ’27-’53-M&S b 4.70 to 4.80 %
Snohomish Co 5s '31 opt aft '21
5
4.45
Spokane 5s Park 1927__ J&D
4.30
53*s W W 1927-’35__ M&N b 4.70 to 4.80 %
4.25
43*s Bridge Const 1931-J&J
4.50
53*s W W 1936-’65— M&N b 4.70 to 4.80 %
43*s Park 1962________ J&J
4.25
4.50
5s Sept 1927-1953___ M&S b 4.70 to 4.80 %
4.10
43*s Bridge 1927-36---J&J
5s Sept 1931-1959_________ b 4.70 to 4.80 %
4.26
to 4.60 %
Spokane S D No 8143*8 ’29 J&J
5s St Im p DIst No 2 1943__ b 4.75 to 4.85 %
4.40
4.25
ro 4 55 % | 43*s 1928-1967________ J&J
43*s M ay 1 1931_____M&N
4.40
4.60 Stevens Co— 43*s '29 opt '19
San Antonio S D 5s ’56—F&A
6
4.60 Waco— 5s Nov 1 1934—M&N
4.40 Tacoma— 5s 1927-33___ J&D
4.76
4.60
4.40
49*s Water ’39-’43(s-a)-J&J
5s Sewer 1937________ J&J
4.50
4.50
4.40
4}*s Lt & Pow 1929____J&J
5s Water-Works 1942.-J&J
4.76
4.50
43*s Refunding 1931—A&O
4.40
4s Jan 1 1931_____________
4.75
4.50 Wichita Falls 6s 1950— M&N
33*s Jan 1 1939_______ J&J
4.75 to 5%
4.76
4.30
WEST V IR G IN IA
4.75 to 5%
53*s 1927-1940______M&N
4.35
5s Highway 1927-1946---J&J b 4% to 4.15 %
4.6'i to 4.75
5s Feb 10 1960____ F&A10
4.60
33*s Jan 1 1939_________ J&J
3.95
4?*s 1927-1955______ M&N
43* to 4.60
4.65
4 Ms 1927-1960_______ J&D
Charleston 43*s ’41 opt ’27J&J
4.o0
43* to 4.60
4.50
Charleston S D 5s ’27-’52-J&J b 4.15 to 4.40 %
UNITED STATES— See
16 &48
4.65
UTAH.
Clarksburg 5s ’27-'53__ A&O b 4.20 to 4.45 %
4.80 53*s April 1 1941________ J&J
4.20 Clarksbg S D 5s ’41 op '21M&S
455
4.15 Hancock County— 5s Grant
5s Capitol Bldg 1934_____J&J
4.15 43*s Capitol Bldg 1934.-A&O
14.10
Road Dist ’46 opt ’32-M&N
4.75
4.15 43*s Road 1939_________ J&J
|4.10 Huntington 5s 1944_____Oct
4 30
4.15 43*s July 1 1939________ J&J
14.10
5s Ind Sch D ’28-’34__ J&J b 4.25 to 4.35
4.15 4s Capitol Bldg 1934___ J&J
14 05 Martinsburg 5s '43 op '29 D ecl
4/C55
4.15 Box Elder Co 43*sSch’32 F&A
4 30 Mercer Co 5s '44 op *24 A&OX5
4 60
4.25 Morgantown 5s 1927-48--J&J b 4.25 to 4.50 %
Ogden— 43*s 1929_______ J&J
4.75
4.25 Parkersburg 4s Wat ’29-Junt
4 30
4M % 1927-1945__________
4 .3 0
4 .2 5
43*s Refunding 1932—J&D
43*s June 1 1933------- J&D
4.40
4.60
4.25 Wheeling 5s W W ’32-’52-J&J
43*8 Ref Wat 1933-..M & N
4.20
4.40 Salt Lake City 5s 1927-28M&S b 4.20 to 4.30 %
4s R ef 1927 to 1936— July b 4% to 4 1 5 %
4-35
W ISCONSIN
5s Refunding 1941_____J&J o 4.25 to 4.35 %
4.35
Appleton 4H s 1928-32--F&A
4>*s M ay 1 1934_____M&N b 4.25 to 4.35 %
4.15
4.35
Eau Claire 43*s W W ’33-’44
4J*s refunding 1934—M&N b 4.25 to 4.35 %
4.15
Fond du Lac 43*s ’28-’35-Mar b 4.05 to 4.15 %
4s Ref 1927-1929_____A&O b 4.05 to 4.1 5 %
4.80
Green Bay 43*s ’28-'33__ J&J b 4.05 to 4.15 %
4s Ref 1930-1935_____A&O b 4.05 to 4.15 %
4.80
4s Ref 1936-1945_____A&O b 4.05 to 4.15 %
6s W W 1927-1935___M&N
4.80
4.55
6s W W 1936-1960__ M&N
4s Ref 1946-1965_____A&O b 4.05 to 4.15 %
4.80
4.60 Sait Lake City S D 4s ’30-J&J
4.30 Jefferson Co 5s ’28-’32—A&O b 4.10 to 4.20 %
4-70
4.30 La Crosse 43*s ’32 op ’22-F&A
43*s Feb 1 1932______ F&A
4.26
4.40
4.30
4 Ms Aug 1 1933______ F&A
4s Water '31 op ’21__ J&D
4.25
4.40 Salt L Oo 4 Ms ’27 op '16 F&A
4.35 Madison— 4s Oct 1931—A&O
4.10
4.30
VERMONT.
Marshfield 43*s ’ 28-’32— J&J
4.20
4.30 43*s Oct 1 1927-1949---- A&O 1033*
Milwaukee 5s 1928-1939—J&J
4% to 4.05 %
4.45 Middiebury 4s ’41op’21_M&N
98
5s 1927-1939__________ J&J
4% to 4 05 %
4.45 Rutland 4 3*s 1946-48____J&J 101
5s Jan 1928-1940.........-J&J
4% to 4 05 %
4.45
VIRGIN IA
5s July 1927-1940______ J&J
4% to 4 05 %
4.45 6s deferred ctfs 1871_____J&J
43*s 1928-1939________ J&J
4% to 4.05 %
4.45
Brown Bros certificates
43*s Park 1928-1935---J&J
4% to 4 05 %
4.45 3s "Riddieberger” 1932__ J&J
94
95
43*s 1928-1931________ J&J
4
4.45 3s Funded debt 1991____J&J
79 H
80
43*s 1932-1945________ J&J
4 05
4.45 4**s ctf indebt 1930-31__ J&J
4 - j Milwaukee County—•
4.20 43*s ctfs indebt 1932_____J&J
4 I 4J*s Sew Mar 18 ’36-’45
4.10
4 10 4 J*s ctf indebt 1933-37__ J&J
Oshkosh 43*s 1928-34— F&A b 4.10 to 4.15 %
4
4.20 Albemarle Co 5s 1948____J&J
4.50 Racine 43*s Ref ’28-’30_F&A
405
4.25 Arlington Co 53*s ’32-’ 54.F&A b 4.55 to 4.60 %
6s 1927-1941_________ F&A b 4.10 to 4.20 %
4.35 Bristol 5J*s Sch '34-’53
4.75: Racine Co 6s 1930-1940--J&J
4.20
4.35 Charlottesville 5s 1962—M&S
4.55 Superior 43*s Sch ’27-’44-J&J b 4.10 to 4.20 %
4.10
4.55 Wausau 43*s '27-’33____A&O b 4.10 to 4.20 %
5s Water Impt 1958__ J&J
4. I 1! Danville— 4s Refg 1931—J&J
4.35 Wood Co— 5s ’28-’29-’31 A&O b 4.10 to 4.20 %
to 4.35 %
43*s Ref Aug 1942____F&A
4.40
5s 1934_______________ A&O
4.16
to 4.35 %
4.30
4J*s July 1 1939-1950--J&J
5s 1937 and 1938______ A&O
4.16
W YOMING
4.30
5s Wat In
Imp 1927-28__ J&D
4.254 60 6s Pub Bldg 1927-28____July
4.30 Fairfax Co 4 Ms 1945—F&A2
4.50
4.30 Henrico Co Sch 5s '30-'50 J&J b 4.45 to 4.50 % I Cheyenne 5s '31 op ' l l _F&A
5
4.30 Lee County 5s 1927-41__ J&J b 4.35 to 4.70,% I Natrona Co S D No 2—
4.30 Lynchburg 4J*s 1927____J&D
4 15 , 5s 1928-1944 ...............
4.80
4.30
4.35 .Sheridan—
4J*s Pub Impt 1939___J&J
4.30
43*a Pub Impt 1946___J&J
4 35
6s Fund Mar 15 1952.M&S
4.80
4.60
43*s Water 1951______ J&J
4.35,
4s Ref Oct 1934_______ J&J
4.35.1

55

BANKS AND TRUST COMPANIES.
Quotations in this department are given per share, not per cent, except for stocks of Canadian institutions, and are
as near as possible for the closing day of the month preceding date of iesue, 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 insti­
tutions they are the latest obtainable, direct returns being procured by us where no periodic statements are required. For
the Clearing House banks of New York, Philadelphia and Boston, deposits are taken from the latest weekly statement.

CALIFORNIA—(Concluded)

ALABAMA—National banks Dec. 31; State institutions Dec. 31.
Birmingham—

Capital.

Surplus &
Profits.

Gross
Deposits.

Par.

Bid.

Ask.

Per
$
$
$
Amer Tr & Sav Bank 1,000,000 1,010,306 14,073,462 100 300
Blrmlng’m Tr & Sav 1.000.000 1,130,854 20,927,095 100 375
Broth of L Eng B & T
1,261,802 100 115
500.000
69.559
First National Bank. 1,500.000 3,811,049 40,935,070 100 600
Traders Nat B an k..
250.000
194,370 3,936,287 100 200
Per

share.
325
450
125
625
225
share.

First National Bank.
Merchants' Bank__
People’s Bank______

575
310

Mobile—

Montgomery—
Fourth

300,000 1,620,413 17,738,205 100 565
500,000
685,578 11,823,452 100 300
400,000
172,418 4,055,807 100 150

First National Bank
1,000,000
Nat B ank..
500.000
Alabama National Bk
300,000
Union Bank & Tr Co
100,000

ARIZONA—National
Phoenix-

Citizens State Bank.
Commercial Nat B k.
First Nat Bk of Ariz.
Nat BaDk o f Arizona
Phoenix Nat B an k..
Phoenix Sav Bk & Tr
Valley Bank____ . .

637,539
331,380
68,631
161,003

9,117,815
5,969, J 73
2,162,653
1,082,1 i4

5,300
610,000
545,354
34,877
39,451
4,594,395
124,491
4,094,760
170.486 5,523,419
295,299 3,774,878
301,671 13,665,019

share.
225
140
108
230

31.

banks Dec. 31; State institutions Dec.
100,000
100.000
200,000
200,000
200,000
100,000
1.050.600

Per
215
135
105
220

100
100
100
100

100
100
100
100
100
100

San

Little R ock—
Per share.
Amer South Tr Oo._ 1,000,000
366,344 15,508,990 25
Bank ______
200,000
1,079,042 100 110
50,216
115
England Nat B an k.. |Merged w ith Excha nge Nat Bk Sept 14 ’26.
Exehange Nat Bank.
300.000 h228,450 5,665,339 100
Federal Bk & Tr C o.
27,452 2,009,442
200.000
People’s Sav B an k..
91,643 3,075,592 25
200,000
Twin City Bank____
1,304,649
100,000
27,651
Bankers Trust C o__
156,487 8,518,392 100
300.000
Exchange Trust C o_.
100.000 71136,974 1,791,239 100
Union Trust C o ____
356,782 8,528,344 100
500.000
W B Worthen Co__
381,269 3,349,169 100
200.000
Pine B lu ff—
Per share.
Cotton Belt Bk&TCo
100,000
748,413 25 160 165
11,276
Nat Bank of Ark
100,000
204,780 3,190,991 ion 280 285
Merch & Plant Bank
175.000
241,780 3,024,317 25 225 235
Peoples S B & Tr C o.
63,477
678,358 25 145
100.000
150
Simmons Nat Bank.
491,472
6,143,254 100 1310
200,000

SanBernardino—
California State Bk. .
San Bernardino N Bk
San Bern Co Sav Bk.

150,000
100,000
100,000
150,000

Dec. 31; State institutions Dec, 31.
j
1
79,871 1 4,528,45( 100______
Per
1,349,585 I 23,428,127 i or 195
39,784 1 3,560,657 100
126,736 ! 1,349,691 100
2,309,946 50,155,590 100 420
1,909,340 21,444,198 100 230
7,545,501 48,103,217 Kill 510
1139,155 4,096,352 IOC 150
r65,000
2,626,00C 10C
4,511,991 91,878,271 100 485
2.158,426 88,968,617 100 417 K
216,183 617,962,521 100 417
4,696,781 127,720,643 100 385
117,224 11,977,653 10(1 150
5,734,779 33,658,909 100 44 5
2,194,811 52,219,851 100
268,210 7,700,655 100 136
7,288.242 200,956,599 100
1.000,000 3,963,343
54,363 3,520,700 io5
1124,412 3,863,015 100
238,580 8,705,645 100 197)41
964,213 16,419,200 Kill 193
353,245 1,131,271 100
Per
1,937,048 31,368,822 100 265
1,963,027 25,637,437 100 265
51,779 4,130,346 100 115
165,486 5.215,615 100 135
3,169,542 61,433,842 100

1,092,145 22,960,149
478,299 11,126,325
605,734 12,997,768
405,370 8,484,580
150,598 2,513,454
289,962 7,984,315
93,811
168,312
363,370
365,106

2,190,8’ 5
1,377,564
2,116,151
3,106,175

100 200
100 270
100
100
100
100
100
Per
100
100
100
100
100 175
100 125
100
100
100
100

—

San Diego—
First National Bank. 1.000,000 1,025,724 17,107,046 100 300
First Trust & Sav Bk
500,000
252,778 5,390,690 100 175
San Diego Tr & S Bk
400,000 1,234,997 10,266,143 100 400
Secur Comm & S B k.
300,000
124,827 2,971,548 100 175
Union National Bank g 300,000
80,670 2,485,484 10(1 150
United States Nat Bk
100.000
40,771
1,888,150 100 150
University Ave Bank Succeeded by Bank of Italy.
southern Trust & 1
Commerce Bank.6 1,200,000
520,065 22,432,597 100 200

165
share.

160

210
share.

360
250
300

share.
250

. . . . .

—

325
200
425
200
175
215

Surplus &
Profits.

Gross
Deposits.

$
$
%
5,000.000 (1,843,399 70,490,582

Anglo London-Paris
National Bank__ 5,000,000
Bank of Oalif, N A .. 8,500.000
Bank of Italy_______ 20,000,000
Banca Popolare Fugazl--------------------- 1,057,000
Brit-American Bank- 1,000,000
1500 000
750.000
6,000.000
650,000
French-Amer Bank.
1,250,000
The San Fran Bank
1,000,000
Humboldt Bank___ 1,200,000
Itallan-Amer Bank.
1,500.000
Liberty Bank of Am . al5000000
Mission Sav B an k..
600,000
200,000
1,000,000
Mercantile Trust Go.
Crocker First F
Tr C o______

1Central

40,592
1,896,475
246,091
3,583.089
114,938
351,999
309,856 5,846,112
25,529
1,560.931
158,517 3,155,932
681,736 11,889,308

San Francisco—
Amer Bank of San Fi

Per share.

ARKANSAS— National banks Dec. 31: State institutions Dec. 31.

CALIFORNIA— National banks
Fresno—
First National Bank200,00C
Los Angeles.
Bank o f America___ 62,500,006
Bank of San P edro..
350,00C
325,00C
Citizens’ Nat B an k.. 4,000.000
Oom'INat Tr&SavBk 62.000.00C
Farmers & MerchNat 2.000.00C
Fed Tr & Sav Bank. .
500,000
First Nat Bk, San P .
200,000
First National Bank. 3,500,000
California Bank____ 3,000,000
California Trust C o.
500,000
MerchNatTr&SavBk 4,000,000
Nat City Bk of L A__ 1,000,000
Security Tr & Sav Bk 11,275.000
2,000,000
Pacific National Bk. 1.000,000
Pacific-S W T & S B . 6,900,000
2,000,000
Peoples Nat B ank..
500,000
1,000,000
U S National B ank..
750,009
Union Bank & Trust. 3,000,000
Wilshlre Nat B ank..
200,000
Oakland—
Central Sav Bank__ 1,200,000
Central Nat Bank__ 1.200,000
First National Bank.
500,000
Farmers & Mer Sav
300,000
1,500,000
Pasadena—
100,000
Central Nat Bank__
Citizens Savings Bk.
300,000
100,000
First National Bank.
450,000
100,000
Security Nat B ank..
300.000
First Trust & Sav Bk
900,000
Sacram ento—
California Nat Bank. 1,500,000
500.000
California Tr & S Bk
450,000
Farm & Mech Bank
350,000
Merchants Nat Bank
200,000
People’s Bank______
800,000

Capital.

Par.

Bid.

Ask.

Per share.
100 198 200

4,171,897 105,460,614 100 227 230
9,186,360 85,261,638 100 263 265
13,918,288 416,656,511 100 662 y2 664
186,874
101,691
115 228
d824.072
3,378,170
220,349
1.011,314
3,550,000
1,421,265
r666,348
1,744,173
210,328
218,984
272,772

19,064,328
2,464,047
1 837.289
6,528.849
72,101,486
1,841,810
20.879,528
107,226,567
28,295,705
21,089,785
41,255,087
9,203,135
2,257,373
5,383,260

100
100
100
100
100
100
100
1000
100
100
100
100
100
100

125
130
310'
265
10000
350 450
206
110
135
120

9,000,000 8,289,574 117,598,598 ion 270
1,500,000 2,174,728 65,520,653 100
5,500,000 5,298,738 177,474,822 100 300'

11500
260
115
145

380

1,500,000 1,091,985 28,617,212 6ft
4,500,000 1,138,499 42,672,225 100 149

Jose—
Bank of San Jose___
First National Bank
Growers Bank_____
Security Sav B an k..
Security State Bank

300,000
600,000
300,000
100,000
100.000

518,804
814,179
40,382
325,333
325,701

5,022,915 100
7,426,412 100
1,588,440 100
3,092,416 100
1,967,523 100

S tock ton —
City Bank________
500,000
Comm'l& Sav Bank g
750,000
200,000
First National Bank.
Stockton S & L Bank 1,000,000
Union Safe Dep Bank
310,000

302,000
(613,022
(524,056
642,977
r48,546

80
4,070,000
6,362,051 100
2,082,983 100
7,321,998 100
1,645,640 100

Per share

CANADA— See last page.
COLORADO— National
C olorado Spgs.—
Colorado Sav B an k..
Colorado Spgs Nat B
Exchange Nat Bank.
First National Bank.
Colo Title & Tr C o ..

banks Dec. 31; State institutions Dec. 31.
50.000
100,000
300.000
300.000
150.000

218,652
111,616
207,360
34S.009
92,545

2.086.388 100
1,706,659 100
5.563.389 100
6,206,886 100
1,712,918 100

Per share

Per share
Denver—
9,778,032 100
American Nat Bank581,861
500.000
Central Sav Bk & Tr
127,159 3,890,652 100 : : : : : :
500.000
Colorado Nat Bank. 1,000.000 1,607,169 40,790,280 100
Denver Nat Bank__ / 1 ,250.000 1,143,379 32,584,735 100
First National Bank. 1,500.000 1,865,740 43,632,571 100
Pioneer State B an k..
15.500
659.396 100
100.000
—
309,489
22.500
180.000
South B ’way Nat Bk
—
Stock Yards Nat Bk.
250.000
59,744
1,637,340 '166
U S National B an k..
550.000 1,353,732 20,754,329 100
Guardian Trust C o ..
611,987 100
24,261
240.000
International Tr C o.
500.000 1,427,704 17,151,402 100
Leadviilo—
Carbonate AmerN B

100.000

P ueblo—
First National Bank.
Minnecjua Bank___
Western Nat B an k..
Pueblo Sav & Tr C o.

600,000 1,115,078 16,740,624 100
(102,387 2,325,572 100
30.000
154,390 2,261,261 100
100,000
231,934 4,981,447 100
100,000

34,198

1,619,786

100

Per share.

CONNECTICUT— National banks Dec. 31; State institutions Dec. 31.
Per share.
B ridgeport—
City National Bank. 1,000,000 1,537,752 12,512,559 100 260
First National Bank. 1.000,000 1,885,065 18,134,618 (no 300
Bridgeport Trust C o. 1,000,000
918,279 10,568,817 100 240 250
Amer Bank & Tr C o.
226,634
6,036,461 100 195 200
200,000
Comm’l Bk & Tr C o.
300,000
110,558 2,166,138 100 145
150
100.000
116,404
1,796,208
North End Bk & Tr
1,287,092 100 175
128,983
100.000
West Side B a n k ____
200.000
137,667 3,149,547 100 148
150
Per share
H artford—
City Bank & Tr C o ..
900,000 1,205,287 20,194,325 100 645 670
Conn River Bkg C o.
30 30(1
150,000
863,215 6,416,778
First National Bank. 1,150,000 1,294,388 10,468,302 100 245
Glastonbury Bk & Tr
50 80
100,000
1,164,532
95,515
Hartford-Aetna N B . 2,000,000 3,690,160 19,512,372 100 445
Merchants Bk & T r.
47,363
734,159 100 100
100,000
Mutual Bk & Tr C o.
300,000
132,149 3,334,058 100 .120 140
Phoenix Bank & Tr
C o ..
. ____
1.600,000 2,666,458 26,019,115 100 400
United States Sec Tr 2,000,000 2,086,113 12,830.199 100 445 460
East Hartf Trust Co
150,000
189,048 2,352,377 10!) 300
Hartford-Conn Tr Co 2.500,000 3,351,687 24,789,646 100 590
Park Street Trust Co
100,000
152,969 3,330,377 100 460
Riverside Trust C o ..
559,543
2,753,710 100 450
300,000
Simsbury Bk & Tr Co
50
50,000
70,545
1,187,463
5,843,975 100
100.000
474,806
Per share.
New Haven—
Amer Bank & Tr C o.
100,000
193,906 2,770,5S0 100 175
Bway Bk & Tr C o__
300,000
117,333 3,249,033 100 117
First National Bank. 1,050,000 1,469,033 17,071,250 100 250
Mechanics’ Bank _
60 330
300,000 1.165,000 17,127,055
Merchants Nat Bank
500,000
531,955
8,068,348 50 100
New Haven Bk NBA 1,200,000 2,262,529
8,482,302 100 240
Nat Tradesm Bk&Tr
500,000
633,865
3,197,855 100 170
173
Second Nat Bank__
750,000 1,373,647 11,264,431 100 235
Un & N Haven Tr Co
650,000 1,240.794 11,122,038 100 300
N orw ich—
Per share
Merchants’ Nat Bk.
100,000
547,313 100 100
87.060
110
Thames Nat B an k.. 1,000,000
816,893
3,006,404 100 145
150
Uncas National Bank
100,000
69,000
720.000, 100 100
105
Bankers Trust Co__
100,000
46,083
100
861,651| 100

* Sale price, a Paid in capital. 6 Branch of Liberty Bank of America, c Oct. 15 1926. d April 6 1925. e N ov. 18 1926. / Capital increase.
g Now a branch of the Bank of Italy, San Francisco, h Feb. 1 1927. i Began business Dec. 18 1926. I Last sale price, r April 12 1926. s Merged
Feb. 17 1927 with Bank of Itaiy. t June 30 1926. x Ex-div.




56

BAJSKS AND TRUST COMPANIES
CONNECTICUT—(Concluded)
Capital.

Waterbury—

Surplus &
Profits.

Cross
Deposits.

[ V o l . 124.

IDAHO— National banks Dec. 31.
Par.

Bid.

Ask.

Capital.

Surplus
& Profits.

Gross
Deposits.

Par.

Bid.

Ask.

$
Per share.
$
$
671,211 11,338,738 100 350
600,000
516,109 4,594,841
50 82
500.000
500.000 1,515,000 7,452,541 100 eoo
509,127 5,926,307 100 325
400.000
365,013 3,929,009 100 225 —
300.000

Boise City—
$
$
$
Citiz & M frs’ Nat Bk
Boise City Nat Bank
110,031 4,264.608 100
375.000
Waterbury Nat Bank
First Nat of Idaho_
300.000
345,794 8,130,082 100
Pacific Nat Bank__
300.000
103,291
3,402,887 100
ILLINOIS— National Banks Dec. 31; State institutions Dec. 31.
Waterbury Trust Co.
Aurora—
— National tanks Dec. 31; State institutions Dec. 31.
100
295,792
Aurora Nat Bank___
300.000
350
100 335
249,132
National Sank.
100.000
Per share. First
400
American
Nat
Bank.
100 375
r200,000
306,395
258,550
1,915,012 100 125
130
Central Nat Bank__
210.000
225
100 200
Merchants Nat Bank
300.000
284,085
50 140
150
Farmers’ Bank __
500,000 1,565,962 17,528,887
100 150
Old
Second
Nat
Bank
200.000
328,788
365,288 2,392,020 50 61 K 63
Industrial Trust C o. 1,250.000
225
100 215
Aurora
Tr
&
Sav
B
k.
200,000
215.000
195,243
Nat Bk o f Delaware
1,669,405 100 190
200
110,000
Per share
C hicago—
140
Union National Bank
877,138 4,303,839 25 134
203.175
150
200,000
100 145
Adams State B an k..
56,263
315,379 8,723,949 100 118 125
Delaware Trust C o.
1,000,000
100 190
Aetna State Bank__
200,000
176.401
Equitable Trust C o. s i ,000.000 1,562,889 5,256,479 100 305 315
190
104.821
100
Albany
Park
Nat
Bk
200,000
300
Security T & S D Co
7,435,358 100 290
997,825 1,480,781
100 234
200,000
179.321
Alliance Nat B an k..
Wilmington Trust Co 2,000,000 1,653,511 16,881,852
50 133
136
250.000
140
Ashland State Bank.
128,078
1,770,011 100 130
100 150
160
93.772
Atlas
Exch
Nat
Bank
200.000
— Nat. banks Dec. 31; State institutions Dec. 31. Austin National B k.
100 190 200
200,000
135,391
100 275
300.000
345,548
Per share. Austin State B an k ..
100 182
100.000
49.119
Beverly State Sav Bk
479,795 3,954,629 100 380
Columbia Nat Bank.
250,000
100 225
500.000
350.000
Boulevard Bridge Bk
531,353 14,366,740 100 246 248
Commercial Nat B k. 1,000,000
100
200.000
39,919
Boulevard State S Bk
10 255
149,939
1,604,358
Bank of Comm & Sav
100.000
100 175
BowmanvilleNat'lBk
84,925
200,000
619,204
38,364
10
6
106,040
Departmental Bank.
100 103
106
74.119
Broadway Nat Bank
200,000
909,395 8,751,321 100 243 249
District Nat Bank_ 1,000,000
200,000
100 (135
Bryn Mawr State Bk
54,700
Farm & Mech N a t ..
400,763 3,332,991 100 280 310
252,000
200.000
60,106
100
Binga
State
Bank
Fed’l Amer Nat Bank 1,600.000 1,084,236 12,500,924 100 318 319
100 215 225
200,000
133,489
Build & Merch St Bk
Franklin Nat Bank_
125,029 4,250.582 100 140
225.000
276,702
100 300 320
300.000
Calumet Nat B an k..
244,610 3,170.277 100 205 208
Liberty Nat Bank___
500,000
190
100 180
125,881
300.000
Capital State Sav Bk
Lincoln Nat Bank___
551,261
6,375.535 100 375 400
400,000
866,834
Central M fg Dist Bk
100 400 410
500.000
Merch Bk & Tr C o_ 1,000,000
321,244 9,534,552 100 155
235
100
245
400.000
355,934
Chic
Lawn
State
B
k.
160.000 6144,207 4,237,408 100
Mt Vernon Sav Bank
Citizens State Bank.
500.000
505.991
100 345 355
Nat Bank o f Wash’n 1,050.000 1,075,600 8,395,968 100 275 295
100 340
400.000
223,476
City State Bk of Chic
1,558,260 100 275
311,968
Nat Capital Bank__
200,000
24,704,343
100 492 494
Cont
&
Com
Nat
Bk
25.000.
000
Nat Metropol Bank.
800,000 1,297,284 15,597,451 100 400 410
200.000
68,386
100 160 _____
Columbia State S Bk
Riggs National Bank 2.500,000 2,156,053 38,499,081 100 458 465
200.000
Community
State
Bk
100
57,565
Second Nat Bank__
361,570
5,333,287
500.000
100 275
556.722
Cosmopolitan St B k.
750.000
100 235
Secur Sav & Com Bk
332,308 4,786,391 100 365
300,000
200.000
Cottage Grove St Bk
126.759
100 160
31,972
639,859
10 285
Wash‘ton Sav’s Bk._
100,000
100,000
21.313
Cragin
State
Bank_
100
Amer Secur & Tr C o . 3,400,000 3,370,838 29,273,037 100 375 380
195
275.000
350.000
100 191
Depositors State B k.
Continental Trust Co 1,000,000
177,169 2,812,227 100 107
100
200.000
201.487
Division State Bank.
Nat'l Sav & Tr C o .. 1,000,000 2,580,107 11,921,893 100 510
525
135
43.121
200,000
100 105
Douglass Nat Bank.
5,129,751 100 140
Munsey Trust C o___ 2,000.000 1,078,142
418,213
350.000
Drexel State Bank.
100 245
Union Trust C o_____ 2,000,000
963,125 7,311,128 10(1 255 257
225
579.613
1,000,000
100
Drovers
Nat
Bank.
228,423
United States Sav Bk
2,141,495
500
100.000
10(1
136.488
200.000
First Englew State Bk
100 185
Wash Loan & Tr C o . 1.000.000 2,213,849 13,625,405 100 470
55,681
100,000
First Italian State Bk
655
19,419,765
15.000.
000
166 651
First
National
Bank
— National banks Dec. 31; State institutions June 30.
644,911
200,000
1 100 415 425
First Nat Englewood
520
5,237,621
000
1 100 510
Per share. Foreman Nat Bank. 4.000.
180
919,237 44,454,213 100 250
Fullerton State Bank
139,873
Atlantic Nat B an k.. 2,000,000
250.000
100 170
263.822
Barnett N B o f Jack. 1,000.000 1,351,492 25,070,561 100 300 300
500.000
Garfield Park St S Bk
100 180 190
1 100
93,004 2,271,087 100 300
Guardian Nat Bank. 1.000.
250.000
Citizens Bank______
000
100.000
257.262
200.000
Florida Nat Bank__ 1,000,000 1,205,749 27,951,368 100 210 225
Halsted St State B k.
100 290 300
200,000
55,102
People's Bank______
125
Hamilton State B k_.
100 115
87,639 2,950,548 100 200 225
100
Harbor State B an k..
29,585
100,000
71,191
Hill State Bank_____
200,000
100
192,677 2,422,873 100 350
92,241
300.000
First National Bank
100,000
Humboldt State B k.
100 180
____
386.263
300.000
State Bk o f Lakeland
Hyde Park State B k.
128,060 2,176,523 100 200 250
150,000
100 300
200.000
143
60,897
100 136
Immel State B an k..
71,582
200,000
Immigrant State Bk.
100
Bav Biscayne 1,000,000 1,289,807 29,141,723 100
200.854
400.000
Independence St B k.
100 195 205
City Nat. Bk& Tr
200.000
188,100
Irving Park Nat B k.
100 290 300
2,000,000 (566,448 10,835,687 100
200,000
100
51,993
First National Bank. 1,200,000 1,467,846 27,308,608 100
Irving State Savs Bk
200,000
First Tr & Sav Bank.
Jackson Park Nat Bk
100
297,946 4,045,591 100
25,468
300.000
156,141
Miami Beach First
250.000
Jefferson Park N a t ..
100 250
989,794
National Bank__
248,176 3,172,097 100
300.000
Kaspar Amer St B k. 1.600,000
; ioo 210 220
110,207 6,262,224 100
300.000
Southern Bk & Tr Co
368.687
Kenwood Nat Bank.
100 280
100.000
500.000
119
300.000
80,000
159,694
Lake State Bank___
l 100
Third Nat'l Bank__
400.000
3,509.986 100
241,411
600.000
Biscayne Trust C o .
Lake View State B k.
150.000
330,901
100 230
3 100
356,986
250.000
374.000 100
204.605
Trust Co of Florida .
Lawndale Nat Bank.
200.000
221,423
500.000
Lawndale State Bk__
1 100 410
150
1,912,349 100
92,095
a78,879
400.000
o f Orange & Tr Co
Lincoln State Bank.
3 100 140
200,000
165,154 3,177,187 100
First Nat Bk in Orlan
84,503
1275
200.000
Logan Sq St & SavBk
100 165
100,000
192,062 4,711,619 100
Orlando Bk & Tr C o .
Mad & Ked State Bk 1,000,000
100 245 255
100,000
578,040
155
300.000
St Bk o f Orl & Tr Co
3 100 150
209,907 6,239,894 100
81.782
Mad Sq State Bank
100,000
145
400.000
Market Trad St Bk
l 100 140
126,340
300.000
First National Bank.
3 100 255 275
204,606 3,170,197
185,524
Marquette Pk St Bk
130.000
200.000
131,118 1,630,652 100
Marshall Sq State Bk
100
25.000
People’s Bk for Sav. .
61,851
62,288 2,551,332 100
200,000
St Augustine Nat Bk
Metrop State Bank.
50.000
181,096
100 165
300.000
1,194,245 100
Mutual Nat Bk of Oh
33,207
Commercial Bank__
3 100 295 300
231.865
30.000
2,715,244
000
5 100 298 302
Nat Bk of Republic 4.000.
c74,890 2,394,015 100
300.000
Alexander Nat Bank
Nat Bk of Woodlawn
200.000
167,860
3 100 210 220
800.000
548,266 5,150,255 100
200,000
303.321
American Bk & Tr Co
5 100 185
Nat Bk of Com m 'ce.
706,779 7,250,612 100
rSOO.OOO
Cent Nat Bk & Tr C©
300.000
1 100 180
North Ave State B k.
313,640
605,277 11,615,852 100 250
000
First National Bank.
Noel State Bank___ 1.000.
9 100 245 257
600.000
407,445
100
200.000
Ogden National Bank
44,427
3 100 92
Citizens Bank & T r . . 1.000,000 1,607,580 22,821,835
People’sStkY’dsStBk 1,000,000
7 100 265 271
551,628
432,310 14,859,420
400.000
Exchange Nat Bank. 1,000,000
192
Phillip State Bk & Tr
3 100 188
190,086
First National Bank. 1,200,000 1,150,642 17,050,961
1
750.000
Pioneer Tr & Sav Bk
368,012
3 100 260
200.000
First Sav & Trust Co
308,469 2,403,077
Portage Park Nat Bk
1 100
500.000
42,650
4,251,123
200.000
Nat City Bk, Tampa
357,851
Prudential St Savs Bk
500.000
3 100 215
199,465
200.000
55.731
W est Palm B each
Public S tate B a n k __
? 100
400
750.000
The Citizens B an k .. ~ 100,000
265
174,359 2,365,853
479,199
Reliance State Bank
1 100 260
2000 2500
200.000
Farmers Bk & Tr Co .
100.000 1,121,429 11,454,252
244,972
Roseland State S B k.
2 100 300 320
500.000
Schiff Tr & Sav Bank
334,000 4,000,000
201.332
First Am Bk & Tr Co
300.000
3 100 290 300
200.000
180
Second Citizens St Bk
3 100 165
71.963
200,000
2d N W State Bank.
129,? 53
L 100 145
350.000
341.402
Second Security B k .
3 100
— National banks Dec. 31; Slate institutions Dec. 27.
700.000
Security Bank
4 100 370
568.855
t
30,002
100.000
Service State Bank. .
Per share
200.000
Skala State Bank___
4 100
64,017
351,309 100 125
87,631
American Sav Bank.
200,000
800,000
310
So Chicago Sav B k_
464.000
5 100 300
Atl & Lowry Nat B k. 4,000.000 3,716,789 48,578,340 100 315 320
750.000
South Side Tr & Sav
345,351
7 100 232
236
Citizens & South Bk 3,000,000 3,178,600 61,107,983 t
255 265
200.000
106.772
Southwest State Bk
155
) 100 148
Fourth Nat Bank__ 1,200,000 2,611,376 35,679,629 100 335 345
795
State Bk of Chicago 2.500.000 7,595,684
7 100 788
140
385,432
9,882,234 100 135
Fulton Nat Bank__
750,000
1.350.000
Stock Yards Nat Bk
279
671,357
7 100 275
Ga Sav Bk & Tr C o ._
500,000
470,627 3,395,173 100 225 235
337,500
455
Stk Yds Tr & Sav Bk
352,748
S 100
Atlanta Trust C o __ 1,500,000
135
661,939 5,142,745 100 130
400.000
Stony Isl State S Bk
7 100 210
258,916
220
2,000,000 1,892,127 7,424,245 100
250.000
Transportation Bank
34,997
2 100
200.000
62,206
Per share. 26th St State Bank_
3 100 165
Union Bank of Chic. 1,000.000 1,072,276
2 100 270
1,000,000
533,879 10,535,936 100
200,000
148.121
Union State Bkof S Ch
5 100 185 200
255 265
Citizens & South B k. 3,000,000 3,178,600 61,107,983 t
200.000
United State Bank_
231,288
5 100 240
250
105
Nat Exchange Bank
400,000
212,261 3,056,879 100 100
300.000
Univ
St
Bk
of
C
h
ic
..
160
153,091
7
100 150
155
Union Savings Bank.
1,705,200 100 140
100.000 0111,823
Washington Pk N Bk
800.000
362,277
Per share
) 100 257
260
200.000
W Englewood Nat Bk
9 100 210 220
64,270
Col Sav Bk & Tr C o.
250.000
112,231 2,985,586 100 135 140
500.000
West Engl’wTr&S Bk
445.759
7 100 325 335
300,000
125
Fourth Nat Bank__
155,550
1,396,581 100 120
200.000
W Highland State Bk
3 10C
122.904
145
Home Savings Bank
100.000
1,435,000 100 140
98,000
300.000
West Madison St Bk
90,630 2,28 ',471S 100
1,713,592 100 190
195
Merch & Mech Bank
200,000 0310,121
200.000
West Side Nat Bank
8 100 130
70.659
140
First Nat Bk of C ol.
200.000
218,502
1,382,348 100 125
500.000
West Town State Bk
374,819
3 10C 275
Third National Bank
140
500,000
553,929 2,226,515 100 125
200.000
Amalg Tr & Savs Bk
Per share
4 10C
159,645
300.000
Auburn Pk Tr & S Bk
260 262
125.313
3 100
Citizens & Sou Bank 3,000,000 3,178,600 61,107,983 t
200.000
Bway Tr & Savs B k.
6 100 160
47,944
170
Fourth Nat Bank__
500,000
160
502,875 11,351,069 100 HO
200,000
Calumet Tr & Sav Bk
9 100 205
46.732
Macon Nat Bank__
200,000
257,024 4,053,397 100 195 200
Central Tr Co of Ill- 6,000,000 4,624,992
2 10( 310 314
Macon Savings B k.
600,000 100 265 300
50,000
141,000
Per share
Chic City Bk & Tr Co 1,000,000 1,138,638
S 10( 3 55 342
Chicago Trust C o __ 2,000,000 1,678,181
4 10( 306 311
Citizens’ & Sou Bank 3,000.000 3,178,600 61,107,983 100 255 260
. . ..
Citizens Tr & Sav Bk
200,000
5 10(
55,407
Exchange Bank.
250.000
136,000 2,314,000 100 115 130
200,000
Commerce Tr & S Bk
47,568
Liberty Bk & Tr Co
5 100 ______
300.000
650,818 5,292,753 100 190 200
200,000
2 100 160
Commonw T & S Bk
92.934
Savannah Bk & TrCo
700,000
165
777,102 5,337,678 100
Cont & Com Tr & SB 5,000,000 11,707,559
Citizens’ Bk & Tr Co
6 10C ______
300,000
95,111
105
1,560,960 100 100
200,000
Devon Tr & Savs Bk
2 lor 1 120
130
66,136

DELAWARE
Wilmington—

DISTRICT OS' COLUMBIA
Washington—

FLORIDA
Jacksonville—

300,000

Lakeland—

Miami—
Bk of

400

Co

Orlando—
Bk

St. Augustine—

St. Petersburg—
Tampa—

160

GEORGIA
Atlanta—

Augusta—

Columbus—

Macon—

Savannah—

* Sale price, t Branch o f Savannah, a Oct. 11 1926. b .Tunc 30 1926. c April 12 1926. d Dec. 31 1925. e Consolidated on Dec. 29 1926 with
First Nat. Bank o f St. Petersburg, g Partial payments. I Last sale, r Capital increase, s Capital increase of $500,000 through sale of 5,000 shares
o f new stock pending, t New stock, x Ex-dividend.




Mar., 1927.]

ILLIN OIS— (C on clu d ed ).
Capital.
C hicago (Concl.)
Drovers Tr & Sav Bk
East Side Tr & S B k.
Equitable Trust C o.
Fidelity Tr & Sav Bk
First Tr & Sav Bank.
Foreman Tr & S B k.
Franklin Tr & S B k.
Greenebaum Sons’
Bank & Trust C o.
Guarantee Tr & Sav.
Harris Tr & Sav B k.
Home Bank & Tr Co
Howard Ave T & S Bk
Illinois Merch Tr C o.
Inland Tr & Sav B k.
Italian Tr & Savs Bk
Keystone Tr & Sav__
Kimbell Tr & Sav Bk
Lake Shore Tr & S B
Lakeview Tr & S B
Liberty Tr & Sav Bk
Lincoln Tr & Sav Bk
Mercantile Tr & Sav.
Mid-City Tr & S B k.
Northcenter Tr & S B
Northern Trust C o ..
Northw’n Tr & S Bk
Peoples’ Tr & Sav Bk
Pullman Tr & Sav Bk
Sheridan Tr & SavBk
South West Tr & Sav
Standard Tr&Sav Bk
Stockmen’s Tr & S B
Onion Trust C o ..
W Side Tr & Sav Bk
Woodlawn Tr & S Bk
E lgin—
Elgin National Bank
First National Bank.
Home National Bank
Onion National Bank
Elgin City B ’k’g Co
Home Tr & Sav Bk
Peoria—
Central Nat Bank
Commercial Nat B k.
Dime Sav & Trust Co
First National Bank.
Home Sav & State. .
State Trust & Sav Bk
Merch & 111 Nat B k.
First Trust & Sav Bk
Q uincy—
Illinois State B an k..
Quincy R N Bk & Tr
State St Bk & Tr C o.
Mercantile Tr & S B
State Sav L & Tr Co
R ock ford —
Commercial Nat B k.
Forest City Nat B k.
Manufac’rs Nat Bank
Peoples Bk & Tr C o.
Rockford Nat Bank.
Security Nat B an k..
8wedish-Am Nat Bk.
Third National Bank
Springfield—
First National Bank.
Illinois Nat Bank___
Ridgely-Farm’s S Bk
Sp’gfield Marine___
First State Tr & S Bk
INDIANA—National
Evansville—Citizens’ Nat Bank
Lamasco Bank__
National City Bank
Mercantile Com'! Bk
North Side Bank
Old Nat B a n k __
West Side Bank
Am Tr & Sav Bank
Citizens Tr & S Bk
F ort W ayne—
First National Bank.
Lincoln Nat Bank
Old National Bank _
Citizens’ Trust C o_.
Dime Savs & Tr C o.
Farmers Trust Co .
Lincoln Trust C o__
People’s Tr & Sav Co
Tri-State L & Tr Co
Indian apolis—
Citizens State Bank.
Continental Nat Bk
Fletcher-Am Nat Bk
Indiana Nat B an k..
Live Stock Ex Bank.
Marion Co State Bk_
Merchants' Nat Bk
Meyer-Kiser B an k ..
People's State Bank.
Aetna Tr & Sav Co .
Bankers Trust Co
City Trust Co
__
Farmers Trust C o ..
Fidelity Trust Co . .
Fletcher Sav& T r__
Indiana Trust C o__
State Sav & Tr Co .
Security Trust Co _ .
Union Trust C o. ._
Wash Bank & Tr C o.
Wild & Co State B k.
Terre H aute—
First National Bank
McKeen Nat Bank.
Terre Haute Nat Bk
Citizens Trust Co . .
Terre Haute T ru st..
United States Tr C o.

57

BANKS AND TRUST COMPANIES
IO W A — (C on clu ded )

Gross
Surplus. &
Deposits.
Profits

250.000
663,639 7,851,059
1.380.737
150,602
200.000
250.000
89,534 3,337,038
6,369.021
400.000
166,241
7.500.000 11.494,972 121,028,049
1,000,000 1,447,001 15.156,219
5,416,373
622,381
300.000

Per share
100 (350
100
150
100 140
100 190 200
100
100
100 300

Cedar R apids—
Ced Rapids Nat Bk
Ced Rap SBk&Tr Co
Iowa State Sav B k ..
Merchants’ Nat B k.
Peopie's Sav B an k..
Security Sav B an k..
Amer Tr & Sav B k ..
C ou n cil B luffs—
City National Bank.
Coun Bluff Sav B k ..
First National Bank.
State Savings Bank-

1.500.000 1,586,110
300.000
423,652
4.000.
000
5,259,405
1.000. 000
729,109
200.000
45,898
30,256,066
15.000.
000
125,952
300.000
200.000
34,206
200,000
82,369
200.000
190,019
500.000
302,091
500.000
861,169
700.000
310,676
253,883
200.000
600.000
382,357
750.000
376,069
34,194
100.000
2,000,000 5,820,763
1,000.000 1,067,703
837,087
1,000,000
500.000
511,966
1,000,000
424,145
147,613
350.000
1,000,000 1,122,376
227,090
200.000
3.000. 000 4,407,846
350,105
700.000
395,553
500.000

30,088,172
3,281,284
76,774,065
9,110,654
1,113,251
373,654,179
2,389,044
1,524,294
1.668.738
4,720,968
8,887,903
12,379,091
10,521,560
4,041,122
10,987,218
14,423,289
1,355,317
54,939,119
19,603,261
23,608,260
5,690,922
11,053,204
5,152,472
18,806,860
2.774.079
77,029,633
14,086,946
9.415.785

100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100

242,971
200,000
326,364
100,000
353,157
229,715

2.254.171
2.364.172
2,535,528
1,000,000
2,711,948
1,884,735

100
100
100
100
100
100

757,878
300.000
1.125.000 1,126,219
250.000
281,989
550.000 1,147,051
178,459
250.000
178,232
400.000
84) ,269
500.000
450,784
200.000

5,324,573
9,148,113
3,030,049
6,461,821
3,079,919
1,700,516
6,400,905
3.203,691

100
100
100
100
100
100
100
100

300.000
500.000
600.000
200,000
1.000. 000

202,192
151,006
89,490
135,000
633,820

3,219,257
4,752,620
3,766,432
2.415,000
7,675.536

100
100
100
100
100

200,000
300.000
400.000
250.000
750.000
200.000
125.000
500.000

89,316
319,764
525,476
232,514
890,834
122,502
268,705
403,957

1.145.079
3,594,245
5,093,183
3,505,407
9,153,186
2.275.786
3,321,265
4,961,063

100
100
100
100
100
100
100
100

500.000
300.000
600.000
500.000
500.000

263,492
153,799
329,161
551,061
375,316

5,634,143
4,789,030
7,196,926
7,379,896
5,099,124
am

100
100
100
100
100

200.000
200,000
150.000
100.000
150.000
100.000

Capital.

Bid.

695
300
500
292

291

680
136

685
143

135
175
270
375
225
260
225
255

145

530
315
360
260
305
150
255
195
453
268
250

350
375
360
375
180
125
300
375
Per
190
130
135
160
185

380"

260
457'

360
390
375
385
185
127
310
3S5
share
200
135
150
170
200

____l 130
____l 225
____l 200
____l 200
____l 275
____l 150
___ l 300
..
1 190
Per share.

banks Dec. 31; State institutions Dec. 31;
500,00(
100,00(
500,00(
200,00C
100.ooc
500,00C
250,OOC
250,OOC
100,OOC
1,000,OOC
300,OOC
500,OOC
300,OOC
225,OOC
200,OOC
500,OOC
200.00C
500,000

Per
497,702 11,396,692 10( 240
60,OOC 1.526.77C 101 170
313,116 6,950.595 1()( 200
50,141
2,078,637 1<)< 115
38,462
1,681,248 10< 100
350.82C
8,102,333 1()( 200
230,273
5,013,275 1<>( 180
2C4.20C 2,989.995 1()( 200
1,292,818 10C 240
104,177
Per
568,362 13,795,315 100 220
465,611 6,863,900 10< 275
650.797 8,724,950 101 350
276,75C 4,919,452 10< 210
80,OOC 1,288,613 101 145
60.33S
1,685,032 101 140
374,071
5,298,083 1Of 225
523,230
5,500,299 10C 330
938,004 14,080,038 100 350

100,000
400,000
4,000,000
2,000,000
200,000
50,000
1,250,000
200,000
125,000
250,000
250,000
250,000
300,000
100,000
1,500,000
1,000,000
375,000
200,000
600,000
100,000
100,000

75,123
150,283
1,187,824
2,743,685
114,000
30,538
1,925,098
611,471
141,577
62,056
173,365
95,823
231,458
125,000
1,535,661
1,278,928
53,571
339,446
1,888,155
61,293
128,335

1,064,941
5,570,682
34,263,322
28,008,864
1.075,446
1,353,380
12,304,656
5,796,745
3,215,726
2,038,903
3,648,154
2,270,994
1.629,252
2,103,394
23,209,269
11,541,504
1,816,580
4,616,643
11,391,606
2,213,594
5,077,456

700,000
500,000
300,000
400,000
500,000
500.000

434,507
565,362
345,272
163,459
858,791
357,114

4,306,505
3,669,559
3,378,062
2.431,053
8,456,761
4,271,748

100
100 116
10(1 170
100 269
100 162
100 195
10(1 325
100
100 186
100 115
100 132
100 140
100 240
100 162
100 261
100 230
100 84
100 275
100 410
100 158
100
No minal
100 17C
100 21C
100 235
100 135
100 285
100 160

share.
250
175
225
120
100
225
200
225
share.
235
280
360
220
155
150
235
350
360

273
t ------

250
94
t ____
prices
185
215
250
150
300
165

Surplus &
Profits.

Gross
Deposits.

P ar. Bid.

500,OOC
200,OOC
200,000
500,OOC
100,OOC
200,OOC
200,000

%
$
454,577 11,733,489
196,572 3,856,303
52.657 2,861,537
620.417 13,357,427
70,923
1 .622,276
165,000 2,950,000
181,209 3,359,845

100
100
100
100
100
100
100

120,000
150,000
300,OOC
100,000

99,987
214,967
50,766
152,763

100
100
100
100

2,337,969
3,774,466
3,405,644
4,278,573

Per
250
190
180
230
_____ l
225
267

200
200
180
250
275

Per share.

D avenport—
Per
Amer Com & Sav Bk 1,000,000 1,189,617 22,859,476 100
First National Bank400,OOC
362,631
5,457,860 100
Home Savings Bank.
50,OOC
1,291,292 100
64,301
Iowa National Bank
150,OOC
193,277 4,226,442 100
American Trust O o.
100,OOC
145,625
57.3,877 100
Union Sav Bk &TrCo 1,250,OOC 61,362,234 18,553,921 100
Citizens’ Tr & S B k.
150,000
86,597
1,572,691 100
Des M oines—No minal
Bankers Trust C o__ 1,000,000
262,168 4,000,531 100
Cap City State Bank
150,000
102,122 3,115,251 100
Central State B an k..
250,000
290,335
7,624,553 100
Des Moines Nat Bk. 1,000,000
413,046 14,302,511 100
Des Moines S B & Tr
400,000
215,004
6,353,784 100
Home Savings Bank.
100,000
61,546
2,062,272 100
Iowa Trust & Sav Bk
100,000
50,378
1,681,954 100
Iowa National Bank. 1,200,000
837,164 14,412,916 100
People’s Sav B an k..
100,000
287,347
3,844,242 100
University State B k.
50,000
25,601
403,316 100
Valley Nat Bank___
500,000
203,142
5,638,945 100
Valley Sav Bank___
150,000
235,169 3,158,141 100
Central Trust C o__
500,000 1168,878
698,670 100
D u bu q u e—
Per
Consol Nat Bank__
500,000
100,000 6,249,946 100 150
First National Bank200,000
307,387 4,796,860 100 260
Pioneer Tr & Sav Bk / ] 50,000
697,354
1,297,284 100
Union Tr & Sav Bank
150,000
288,383 3,645,460 100 200
Iowa Trust & Sav Bk
300,000
220,000 2,802,556 100 175
Sioux C ity—
Per
First National Bank. 1,000,000
172,877 9,343,489 100
Live Stock Nat Bank
200,000
124,494 4,999,515 100
Toy Nat Bank______
200,000
98,030 4,076,284 100
Sioux Nat Bank____
400,000
102.196 4,525,455 100
Security Nat B an k..
250,000
313,467 4.451,332 100
Woodbury Co Sav Bk
100,000
209,345
3,436,101 100
Farmers’ L & Tr C o.
100,000
636,785 3,917,324 100
First Trust & S B k_.
25,622
100,000
922,346 100

KANSAS— National banks Dec. 31; State institutions Dec.
Kansas C ity—
Commercial Nat B k.
600,000
9,036,286
245,861
Exchange State Bank
200,000
102,203 2,377,177
Commerc’l State Bk
100,000
1,557,002
106,187
People’s Nat Bank.
74,898 2,634,519
200,000
Riverview State Bk
100,000 (7203,665
2,235,095
T opeka—
Central Nat B an k..
500.000
147,522 6,054 ,785
Farmers’ Nat Bank100.000
30,114
1,129 ,366
Fidelity Sav State Bk
200,000
14.315 2,167 ,566
Kaw Valley Nat B k.
100,000
652 ,302
29,325
Merchants’ Nat B k.
200,000
4,638 ,772
133,431
Nat Bank of Topeka.
7,684 ,661
326,867
500.000
Shawnee State Bank21,656
60,000,
731 851
State Savings Bank.
88.315 2,053 239
100.000
Topeka State B an k..
1,782 547
50,000
92,265
Central Trust C o__
1,891 ,335
400,000
209,128
W ich ita—
First National Bank. 1,000,000 1,000,000 17,815 ,591
First Trust C o______
100,000 6121,000
728 ,000
Fourth Nat Bank__ 1,000,000
433,609 12,092 ,601
Merch State B an k ..
100,000
83,272
1,686 ,044
State Reserve Bank250.000
105,186
1,981 ,036
Southwest Nat Bank
45,923
1,459 ,008
200.000
Union Nat Bank___
33,846
1,337 ,061
200,000
Union Stock Yds Nat
100,000
28,498
667 ,820,
Wichita State Bank.
100,000
1,768 ,016
33,609

Ask.
share.

share.

share.
160
175"
225
200
share.

27.
100
100
100
100
100

p er share
180 195
200
160
210

175

276

290

100
100
100
100
100
100
100
100
100
100
175
125
100
125
225

200
90
125
150
110

KENTUCKY— National banks Dec. 31; State institutions Dec. 31.
C ovington—
Per share.
Cent Savs Bk & TrCo
60,OOC
107,667
1,886,272
Citizens’ Nat B an k..
200,000
314,157
2,841,173 100 230 250
First Nat B k& T rC o
500,OOC
501.90C
5,309,OOC 10( 210 225
Liberty Nat Bank__
350,001
186,000 4.956.53C 100 127 H 130
CovingtonTr&BkgCo
100,OOC C166.211
2,002,136 10C 175 180
People’s S Bk & T r ..
100,OOC C171.081
1,818,366 10C 115 120
Lexington—
Per share
Bank of Comm erce..
300,OOC
3,136,211 IOC 164 166
270,370
Fayette Nat B an k..
300,OOC
346,541
3,304,461 10(1 198
First & City Nat B k.
800,OOC
450,OOC 3,473,962 1Of) 191H 195
Guaranty Bank & Tr
300,000
13,001
2,640,310 1(M!
105
Phoenix Nat Bk & Tr 1,000,OOC
590,000
5,750,000 10(1 18234 185
Second Nat Bank
150,OOC
260 011
1 .180.989 100 225 250
Union Bank & Tr Co
150,OOC
87,300 2,019,175 100 300 315
Security Trust C o__
500,OOC
150,000 3,081,788 100 425
Louisville—
Per share
Citizens’ Union N B
1,000,000 2,020,846 25,851,641 100 480 485
First National Bank
500,000
699,557 13,219,528 KM) 610
Liberty Ins Bank__
500,000 d\,373,402 19,114,462 100
Security Bank
300,000
349,604 2,061,021 100 275 290
KentuckyTitle Tr Co 1250,0001 d l,260,311
4,306,527 1100
1100,000/
1100
90
Lincoln Bank & Tr
750,000 d365,965
7,316,669 100 164
Louisv Nat Bank__
500,000
519,558
9,269,419 100 252
Nat Bk of Kentucky. 2,500,000 4,700,580 45,696,997 100 450
Stock Yards Bank .
160,000
78,831
821,393 100 187 200
Bankers Trust Co
250,000
d34,094
738,305 100
114
Fidelity & Colum Tr 2,000,000 d l,489,310
5,000,154 100
215
Louisville Trust C o. . 1,000,000
663,152
5,794,234 100 262
United States Tr C o.
350,000 d204,971
1,271,887 100 156
N ewport—
Per share
American Nat Bank
100,000
196,284
1,553,191 100 220 225
Newport Nat Bank. .
100,000
345,000 2,983,150 100 200

LOUISIANA— National Banks Dec. 31; State institutions Dec. 31.
New Orleans—
Per share
American Bank & Tr
340,171
500,000
7,110,469 100 171 180
Canal
Bank
&
Trust
IOW A— National banks Dec. 31: State institutions Dec. 31.
C o_______________ 4,750,000 3,315,708 76,463,073 100 253 255
B urlington—
Nom inal
Int-State Tr & B C o.
750,000 1,078,923 13,719,888 100 335
Amer S Bk & Tr C o.
300,000
650,000 4,800,000 100 300 315
New Orl Bk & Tr C o. 1,200,000
406,486
7,004,022 100 157
158
Burlington Sav B k ..
100,000 el33,727
1,30’ 430 100 200 210
Marine Bk & Tr C o. 2,000,000 1,256,254 26,192,911 100 190
Farmers & Merch S B
50,000
40,637
1,317,243 100 200
Whitney-Cent N B__ 2,800,000 5,200,721 61,518,448 100 325
First Iowa State Tr
Hibernia Bk & Tr Co 2,000,000 2,720,443 52,032,194 100 340
Sav Bank . . . .
600,000
671,313 9,701,245 100 200 210
Whitney-Cent Tr &
Merchants’ Nat B k.
100,000
103,761
1,992,101 100 200 210
Savings Bank___ 1,000,000 5,200,721 61,518,448 100
* Sale price, t Private banks, stocks closely held, a Oct. 11 1926. 6 June 30 1926. c Oct. 15 1926. d Dec. 31 1926. e Sept. 8 1925. /M erged
with Consolidated National Bank Jan. 1 1927. g Jan. 8 1927. k Dec. 31 1925. (Last sale, r Consolidated statement, z Ex-dividend.




58

LOUISIANA (C oncluded)

Shreveport—

Capital.

American Bk & T Co
150.000
American Nat Bank.
300.000
First National Bank- 1,000,000
City Sav Bk & Tr Co
500.000
Commercial Nat B k. 1.000,000
Exchange Nat Bank.
200.000
Exchange Bk * Tr Co
100,000
Oontin’l B & Tr C o ..
300,000

Surplus &
Profits.

Cross
Deposits.

Par.

Bid.

Canal Nat Bank____
Chapman Nat Bank.
First National Bank.
Portland Nat Bank.
Fidelity Trust C o__
Casco-Mercantile Tr
Forest City Tr C o__
Union S D & Tr C o._

601,114
600,000
300,000
171,696
581,376
600,000
945,878
300,000
400,000 1,056,850
577,045
500,000
150,000
45.719
480.721
250,000

Portland—

460,495
244,045
939,895
484,711

100
100
100
100
100
10ft
100
100

321,000 4,600.000
6223,093 8,606,723
155,655
1,935,095
487,986 cl0,835,627

500
320

Lawrence—
Bay State Nat Bank.
Arlington Trust C o ..
Lawrence Trust C o ..
Merchants’ Trust Co

600,000
200,000
200,000
300,000

266,905 5,299 269 100
213,249 8,202,651 100
409,732 11,013,766 100
502,641 c8,628,562 100

135
150
140
350
360
180
100
350

Lowell—
Appleton Nat Bank.
Ola Lowell Nat Bank
Union National Bank
Wamesit Nat Bank.
Lowell Trust C o ___
Middlesex Nat Bank

300,000
200,000
350.000
250,000
240,000
200,000

329,883
275,055
946,767
181,943
163,076
125,752

share
85

300,000
100,000

423,562
47,881

3,405,495 100 155
160
cl,34S,836 100 13513

Home Nat Bank. _.
Plymouth Co Tr C o.

600,000
500,000
200,000

680,382
575,702
125,198

Per share
9,512,569 100 200
8,694,841 100 *181
c3,706,839 100
125

Central Trust C o__
Harvard Trust C o__

East Cambridge
Lechmere Nat Bank.
Fall River—

Fall River Nat Bank
Massasolt-Pocasse
National Bank__
Metacomet Nat B k.
Durfee Trust Co____
Fall River i’r u st.. _

5,386,716 100
100,000
305.761
500,000 1,647,323 cl3,557,353 100
977,245 cl6.900.696 100
500,000
187,357

Per share
2,067,228 100 l_____ 225

400,000

598,864

Per share
5,825,960 100 185 200

650,000
500,000
800,000
200,000

567,016 4,766,733 100 150
376,597 4,180,898 100 120
869,148 c5,134,760 100 210
91,000 2,913,162 100

Safety Fund Nat Bk

500,000
500.000

512,817
650,005

Cape Ann Nat Bank
Gloucester Nat Bank
Glouces S D T r C o ..

150,000
100,000
200,000

210,520
101,182
214,551

Gloucester—

Per share

100,000

F itchburg—

152

Lynn—

Central Nat Bank__
Manufac’rs Nat B k.
National City BankState National Bank
Essex Trust C o_____
Lynn S Dep & Tr Co
Sagamore Trust C o_
Security Trust Co___

200,000
200,000
300,000
200.000
250,000
100,000
125,000
200,000

626,816
324,644
322,013
63,466
507,725
518,980
40,363
633,736

160
(120
200

Bid.

100
100
100
100

150
150
135
170
Per share
225
170
225
206

Per
1,609,937 100 138
5,327,134 100 135
5,196,297 100 275
918,564 100 120
c3,528,742 100 110
4,432,925 100 130
5,899,162
4,674,751
5,483,322
1,704,148
3,081,174
4,074,583
cl ,665,466
c8,030,875

As*.

Per share
100 150 150
100
100
100 150
115
100

100
100
100
100
100
100
10!)
100

share
142
140
280
115
135

Per share
270
157
175
90
227 'A
405
95
235

share

New B edford—
Per
First National Bank.
500,000
964,885 10,946,821 100 286
Merchants’ Nat B k. 1,000,000 1,882,250
9,751,815 100 355 375
Safe Deposit Nat Bk
500,000
7,229,617 100 285 295
846,431
Per share
Peabody—
120
Warren Nat Bank___
200,000
256,207 2,714,641 100 120
Salem—
Merchants Nat Bank
Naumkeag Trust C o.
Salem Trust C o_____
Springfield—
Chapin Nat Bank___
Springfield Nat Bank
Third NatBk& TrCo
Commercial Tr C o.
Sprlngfield S D & Tr
Union Trust C o____
West Springfield T r.
T au n ton —■
Machinists' Nat B k.
Bristol County T r _
W orcester—
Mechanics’ Nat Bk__
Merchants’ Nat Bk.
Bancroft Trust C o ..
WorcesterBk&TrOo.

200,000
250,000
200.000

319,163
469,509
10,690

Per share
87
4,110,860 50 87
6,081,718 100 241
10C
1,909,051 100

500,000
579,866 7,086,729 100 180
1,090,000 2,004,919 18,332,283 100 300
mi 420,000 1,905,018 18,332,280 100 490
166,740 3.865,227 101)
350.000
1,000,000 1.278,265 10,593,287 100 350
1,000,000 1,879,946 14,810,231 !()<> 450
2,4S0,327 100
150.000
160,511
200,000
300,000

201,000
238,459

301
500

Per share
2,137,000 100
c5,235,719 100 133*

805.497 16,454,161
400,000
675,004 26,747,469
1,500.000
300.000
176,015 4,200,283
1.500,000 2,000,000 33,032,422

100
100
100
100

Per share
275
195*'
191
110
290

MICHIGAN— National banks Dec. 31: State institutions Dec. 31
Per shart.
Bay C ity—
Bay City B a n k .__
4,939,240 100 170 200
350,000
302,255
6,323,689 100
400,000
300 448
Farmers' St Sav B k.
e.50,000
100,000
1,400,000 100 Closed
492,412
400,000
5,862,623 100
People’s Commercial
& Savings B an k ..
850,133
8,299,529 100 225 300
400,000
D etroit—
American State Bank
Bank o f Detroit____
Central Savgs Bank.
Commercial St S B k.
Com’wealth Federal
Savings Bank____
Detroit Savings Bank
Dime Savings Bank.
First National Bank.
First State Bank____
Griswold Nat Bank.
Highland Pk StateBk

Per
100
_
100
100 300
100 120

shan
235
175
305
126

cl2,494,529
c38,238,814
c60,657,140
99,166,521
c21,080,064
16,203,352
c25.641.471
22,764,743
2,826,502
58,970.891
c46.656.027
c l3 4 148536
14,254,100
cl04 734 614
<71,142,035
96,890
g21,259,452
(<7,704,317
<712,280,165
(<884,606
<79,262,436
(725,071,635

100
100
1(H)
100
100
1(H)
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100

142

Industrial B a n k __
50,000
Grand Rap Nat Bank 1,000,000
Grand Rap Sav Bank
500,000
Home State Bk for 8 .
250,000
Kent State Bank____ 1,000.000
Old National Bank .
800,000
Grand Rapids Tr C o.
600,000

90,822 c l ,601,221
605,097 18,331,582
858,492 c21.679,87S
102,712 c4,825,399
1,056,852 c20,624,230
1.116,591 13,237,627
<7965,944
670,478

100
100
100
100
100
100
100

Bank o f Saginaw___ 1,000,000
American State Bank
200,000
People’s Sav B an k..
100,000
Second Nat Bank__ 1,250,000

Per share
1,285,153 <716,844.584 100 225
227,549 4,449,398 100 z200
138,589 2,352,516 100 240
1,720,090 13,790,773 100 250

Nat Bk of Commerce
Peninsular State B k.
People’s State Bank
United Savings Bank
Wayne Co Ho SavBk
American Trust C o ..
Bankers Trust C o__
Detroit Trust Oo____
Fidelity Trust Oo__
Guardian Trust C o . .
Guaranty Trust C o ..
Security Trust Oo___
Union Trust C o_____

Grand Rapids—

Saginaw—

890,684 31,496,181
2,000,000
4,000,000 1,451,627 c40,831,709
2,000,000 2,132,297 38,925,127
238,499 c8,071,248
1,000,000
750,000
1,500,000
1,500,000
7,500,000
2,500,000
2,000,000
1,000,000
2,000,000
250,000
2,000,000
2,500,000
6,000,000
1,000,000
5.000,000
500,000
1,000.000
2,000,000
500,000
1,000,000
750,000
1,000,000
2,000,000

311,269
2,731,237
3,558,954
7,239,112
924,522
1,070,096
1,795,662
1,892,644
61,614
3,202,477
2,054,649
14,165,596
461,779
10,511,620
121,167
742,709
6,184,841
625,258
1,124,847
789,016
2,713,092
2,824,807

MINNESOTA— National banks Dec. 31; State institutions Dec

Per share
4,260,328 100
150
6,385,584 100 175
180
3,001,772 100
1,605,852 100
c5,203,060 100

Par.

500,000
400,000
100,000
500,000

200

Beverly Nat B an k..
8everly Trust C o__

Cambridge—

s

H olyoke—
City National Bank.
Holyoke Nat Bank_
Park National Bank.
Hadley Falls Tr C o ..

185

Baltimore—
Per share.
Balt Comm'l Bank_ 1,000.000
486,491 11,086,790 100 139
Calvert Bank_______
200.000
50 155
357,307 7,892,006
Canton Nat Bank__
100,000
125,000 3.000,000 101) 210
Citizens’ Nat B an k.. 3,000,000 5,504,023 32,823,334
10 50
50 K
Chesapeake B of Balt
50,000
185.879 2,8Q0 .000 25 70
Commonw’lth Bank.
300.000
9,082,003 50 142
274,861
D iov & Mechanics’
National Bank__
600.000 1,100,482 16,691,500 100 410 425
Farm & Mer N Bank.
650,000
456 891
8.037,448 40 67
Mercantile Bank____
200,000
136 161 3,653,418 25 56
Merchants Nat Bank 4,000.000 3,002,421 50,5,86,645
10 27'A 27 M
Nat Bank of Balt__ 1,500,000 1.401.738 19.703,990 100 277 27992
Nat Cent Bk of Balt.
400,000
501.067 4 315.121 100 245^
Nat Marine Bank__
400,000
361.195 5,947 360 30 60
Nat Un Bank o f Md 1.000,000 1,004.704 10.557.605 100 205
Old Town Nat Bank800,000
10
10
218,246 3,841,303
Park Bank_________
500,000
401,169 4,605,939 10 29
30
West Baltimore Bank
100,000
1,880,340 25 69
140,817
Western Nat B an k ..
750.000
782,612 6,627.914 20 37
40
Baltimore Trust C o. 3,500.000 4.170,822 49,949 767 50 130
131
Century Trust C o__ 1,000,000 1,846,322
7,269,113 100
195
Colonial Trust C o__
1,937,806 25 65
300.000
252,017
Commerce Trust C o.
750,000
56
317,885 3,052,885 50
Continental Tr C o .. 1,350.000 1,997,060 12,984,652 100 240 242K
Equitable Trust C o . 1,250,000 1,627,119 20,231,167 25 72
74
Fldelity Trust C o __ 1,000,000 2,^39,015 24.116.639 25 161
Maryland Trust C o. 1,000,000
792,397 11.234,113 100 197 205
Mercantile Tr & Dep 1.500,000 3,842,943 18,253,572 50 400
Safe Dep & Trust Oo 1,200,000 4,2.6 265 10,275.165 100 1200
Security Storage &Tr
1,523,143 100 320 359
200,000
265,186
Title Guar & Tr C o._
400,000
928,818 9,284,637 100
Union Trust Co_____ 1.000,000 1,619,996 25,436,388 50 243 250
Frederick—
Citizens’ Nat B an k..
6,352,354 100 1000
100.000
798,406
Comm’l State Bank2,608,291
4ft 62
160,000
95,000
Farm & Mech N Bk.
125,000
333,064 3,258,140 25 75
Frederick Oo Nat Bk
15 22
150,000
64,979 2,267,579
Fr’k Town Sav Inst.
150,000
282,610
3,100,527 100 250
Central Trust C o__
8,080,712 50 200 _____
400,000
933,246
MASSACHUSETTS— Nat. banks (exci■Boston) Dec. 31; Stateinsts. Dec. 31.
B oston—
Dsvosits of Nat. banks date Feb 23:1927
Per share.
Atlantic Nat Bank_ 6,000,000 4,518,888 111,229,000 100 260 26213
/ 115
400.000
100,037 3,673,000 100
Engineers N at’l Bk
500,000
76,108 a3,550,143 100 100 110
Citizens’ Nat Bank.
750.000
485,016 8.022.000 100 136
Oemm Sec Nat Bank
500,000
381,076 5762.000 100 165 175
Federal Nat Bank. .
509,714 27.323.000 100 155 165
1,500.000
First National Bank. 20,000,000 24,307,188 281.583.000 100 363 366
Merchants’ Nat Bk. 3,000.000 6,160,513 52,937,000 100 395 400
Nat Rock Bk o f Bos 1,000,000 2,622,725 19.187.000 100 470
Nat Shawmut Bank. 10,000,000 7,867,345 157 720,000 100 260 263
Second Nat Bank . . 2,000,000 4,338,494 38.601,000 100 390
Web & Atlas N B k .. 1,000,000 1,228,617 12,602,000 100 223 226
American Trust Co . 1.500,000 2,808,332 26,951,307 100 440
Bk o f Comm & Tr Co
750,000
226,603 c5,668,847 100 *250 260
Beacon Trust C o____ 1,500,000 2,215,754 c25,560,613 100 262 265
Boston S Dep & T r .. 1,000.000 3,977,110 18,279,650 100 475
Charlestown Tr C o._
25,720 c3,396,643 100 165 175
200,000
Columbia Trust C o . .
128,223 c2,939,390 100 175 185
100,000
Exchange Trust Co . . 1,000,000 1,037,294 cl7,094,397 100 200
200 000
72 fV73 c\ 60S 480 100 125
7.50 TOOO
761 |fi21 r 11 46") 4f>8 100 214
New Eng Trust C o_. 1,000.000 2,879,746 22,314,382 100
Old Colony Tr Co.m 15,000,000 13,296,886 165,472,803 100 0305 315
Roxbury T r u s t ____
44,224
1,872,998 100
200,000
105
State Street Tr C o .. 3,000,000 3,962,217 c64.432.205 100 280
U S Trust C o_______ 1,000,000 1,533.052 cl5.912,843 100 500
Winthrop Trust C o_
d85,659 c2,550,105 100
100.000

Brockton—

Cross
Deposits.

•?
313,602 3,230,147
226,939 3,667,509
773,439 2,802,489
1,946,306
348,750
153,344 c3,651,225

MARYLAND— National banks Dec. 31; State institutions Dec. 31.

Beverly—

Surplus &
Profits.

S
100,000
200,000
200,000
240.000
200,000

225
210

130
140
135
300
300
160
95
300

Capital.
Haverhill—
Essex National Bank
First National Bank.
Haverhill Nat Bank.
Merrlmack Nat Bank
Haverhill Trust C o ..

215
200

Per
6,923,139 100
2,979,590 100 280
6,622,122 too _____1
11,788,132 100 280
3,887,495
6,729,442
9,240,693
9,632,472
17,866,555
13,559,677
1,747.064
919,000

Ask.

Per share
80
85
170
160
335 340

MAINE— National banks Dec. 31; State institutions Dec. 31.
Bangor—
$
400,000
100,000
175,000
500,000

124.

MASSACHUSETTS— (C oncluded)

$
$
49,258
1,194,415 50
92,172 2,497,242 100
536,457 12,521,195 1001
585,116 8,545,829 100/
588,770 18,149,912 100
56,149 3,152,804 1001
22,935 1,386,870 50/
205,602 4,951,235 100

First National Bank.
Merchants’ Nat Bk.
Eastern Tr & Bkg Oo
Merrill Trust C o____

[V ol .

AND TRUST COMPANIES

BANKS

D u lu th—
Amer Exch Nat Bank 2.000.000 1,427,994 13,007,863
200,000
56,469
930,490
526,654
City National Bank.
5,184,674
500,000
Duiuth Nat Bank. .
200.000
97,665
1,916,215
First National Bank. 2.000,000 2,265,972 18,433,530
Minnesota Nat Bank
165,233 4,111,461
600,000
Northern Nat Bank. 1,000,000
467,223
6,717,536

100
100
100
100
100

140
480
500
385
245
260
362

__
495
250
285

425
315
650
250
600
93
328
550
575

440

372
600
500

382

Per
500
204
400
t/200
305
288
228

700
335
___

share.
212
210
315
295
235

31.
Per shan
195
225
150
275

100 130
100 200

* Sale price, a Dec. 31 1926. b June 30 1926. c Includes savings deposits, d Oct. 30 1926. e Absorbed by Bay City Bank, g Includes trust
deposits. (Last sale, m Capital increase, n Nominal, o Ex-div. and ex-rights, r Sept. 30 1926. s April 12 1926. (Name changed Jan. [20, 1917.
x Ex-divldend. y New stock, z Increasing capital stock, offering stockholders new stock at $185 per share.




Mar., 1927.]

MINNESOTA (Concl .)— N a t io n a l b a n k s D e c .
M inneapolis—
First National Bank.
Hennepin Co Sav Bk
Marquette Nat Bank
Metropol Nat Bank.
Midland Nat Bk & Tr
Minneapolis Trust Co
Northwest Nat Bank
2d Northwest State.
4th Northwest State.
Marquette Trust C o.
Minn Loan & Tr Oo.

31;

S tate in s ti t u t io n s D e c .

Capital.

Surplus &
Profits.

Cross
Deposits.

$
5.500,000
500,000
200,000
500,000
1,000,000
1,000,000
4,000,000
50,000
100,000
200.000
1,000,000

$
5,516,037
354,952
38,000
307,6r4
C669.472
1,200,000
2,611,786
31,260
91,417
62,027
1,755,955

$
82,581,535
10,422,163
1,500,000
11,129,117
21,393,511
14,606,712
78,042,329
1,181,485
3,418,067
2,108,716
20,107,149

8t. Paul—
308,785 11,856,264
American Nat Bank.
400,000
185,099 2,678,6 >2
Commercial State Bk
50,000
3,543,929
64,256,228
First National Bank. 3.000.
000
2,124,013
41,098,751
Merchants’ Nat Bk. 2.000.
000
116,513 4,019,077
Nat Exchange Bank.
250,000
58,210 1,289,705
8t Paul State B an k..
100.000
44,278
866,487
Payne Ave State Bk.
120,000
5,064,441
140,811
Stock Yards Nat B k.
350,000
41,263 1,003,691
Twin Cities Nat B k.
200,000
410,864 7,200,313
Merch Trust C o __
500,000
Central Trust C o___
18,500
200,000

MISSISSIPPI— N a t io n a l b a n k s D e c .
Jackson—

Capital Nat Bank__
Citizens Sav Bk & Tr
First National Bank.
Jackson-State N Bk
Merch Bank & Tr Co

Vicksburg—

Amer Bank & Tr C o.
Citizens’ Nat B an k..
First National Bank.
Merchants’ Nat B k.
Nat City S B & Tr Co
Nat Peop S Bk & T r.

MISSOURI— N a t io n a l

31:

St. Louis—
Boatmen’s Nat Bank
Bremen Bank
Cass Avenue Bank
Cherokee Nat Bank.
First National Bank.
Franklin Bank____
Grand Nat’l B k __
Internat Bank St L ._
Jefferson Bank.
Jeff-Gravois Bank .
Lafayette So Side Bk
Lowell Bank
Manchester Bank
Merch Laclede N a t..
Nat Bank o f Comm
Natural Bridge Bank
National City Bank
Scruggs, Vandervoort
Barney Bank____
Sec N B S & TrOo
South'n Com & Sav
St Louis Nat Bank
8tate National Bank
Tower Grove Bank
Twelfth St Nat Bank
United States Bank
Water Tower Bank
American Trust C o.
Broadway Tr Co__
Chouteau Trust C o ..
City Trust C o __
Easton-Taylor Tr Co
Farm & Merch Tr Oc
Laclede Trust C o. .
Liberty Cent Tr Co
Lindeli Trust C o__
Mercantile Trust Co
Miss Vail Trust C o ..
Mound City Tr C o ..
North St Louis Tr Co
Northwest’n Tr C o ..
Savings Trust C o__
South Side Trust C o.
Webster Groves T r ..
West St Louis Tr Co

P ar. Bid.

___ __ _
100
100

S tate in s tit u t io n s D e c .

P er

100
100
100
100
100 315

150.000
100,000
300,000
250,000
100,000
100.000

29,348
C56.000
255,169
315,513
125,249
140,804

1,129,831
350,000
2,376,339;
1,695,169|
3,124,194
2,402,9741

25
100
100
100
100
100

31;

S ta te in s tit u t io n s D e c .

P er

25
105
165
250
210
225

10C
100
10C
10(
100
lot
10(
101
10C
lot
100
100
lot
lot
100
100
lot
lot
100
lot
10C
10C
IOC
10C
100
10C
100
100

300
97
160
140
675
200
360
125
150
200
175
1000
no
140
300
200
240
150
200
200
200
170
175
375
125
250

200,000
200,000
500,000
350.000
200.000
200,000
100,000
100,000

325,390
173,371
494,898
dl81,058
235,700
84,850
157,083
dl00.669

200,000
2,000,000
200,000
200.000
200,000
10,000,000
1,200,000
700,000
1,000,000
200,000
200,000
2,000,000
200,000
500,000
1.700.000
10,000,000
200,000
1.000.000

(2178,786
1,042,616
864,359
337,395
40,215
7,154,037
616,195
304,929
320,738
295,865
201,540
1,369,173
222,078
224,413
2,053,118
4,123,000
(275,746
427,854

7,845,993 100 350
3,870,389 100
6,529,285 100 175
3,895,928 100
6,114,670 ’ 00
2,227,769 100 155
2,468,189 100 175
1,530,404 100 175
2,507,873
23,018,812
6,270,086
4,939,849
1,285,246
131,105,126
13,478,595
5,448,588
7,277,327
4,524,380
4,270,849
25,387,576
3,882,980
5,460,285
28,870,118
69,716,892
1,883,569
16,945,749

100
100
100
100
100
100
100
100
100
100
lilt)
100
100
100
lot)
100
100
100

sh are.

185
150
420
265
140
265
170

C a p it a l.

31;

sh are.

25
165
250
210
240

sh are

166
700
225
395

.

160
225
203
175

156
200
200
152 X
150
280

125
267
200
280
175
200
280
155
130
125

135
275
210
290
185

200,000
71,891
3,059,286 100 113
250,000
175,790 6,673,189 100 170
200.000
171,974 3,473,577 100 190
200,000
45,048 2,370,923 100 110
2.000.000 1,032,198 18,873,671 100 165
400,000
303,717 7,661,417 100 225
300.000
48.165
1,959,030 100 125
1,000.000
571.615 7,520,811 100 120
200,000
117,030
1,496,196 100 140
1,000,000
609,626 13,540,096 100 165
200,000
(231,791
1,723.852 100
200,000
109,095
1,740,809 100 145
200,000
58,000 2,000,000 10(1 105
200,000
95,123 1,755.737 100 150
400,000
357,339 5,224,477 100 235
300,000
146,498 2,094,235 100 140
3,000.000
921,647 30,696,550 100 124
200,000
(252,929 1,482,469 100 128
3,000.000 8,274,097 60,664,206 100 428
3,000,000 4,849,722 40,007,804 100 286
200,000
62,616 2,210,497 100 130
200,000
66,278 2,607,600 100 160
500,000
962,973 8,882,047 100 225
200,000
121,541
3,260,561 100 200
200,000
120,564 3,042,869 100 170
100,000
119,713 1,457,714 100 170
200,000 dl60,731 3,235,791 100 165

114

156
140
130

115
250
135
125
150
150
115
150
126
130
430
295
140
250
175
180
175

B id .

S
s
799,677 12,211.440 100
1,502,838 100
69,820
320,726 14,468,125 100 —

Helena—
American Nat Bank.
Nat Bk of Montana.
Montana Tr & S B k.
Union Bank & Tr Co

200.000
250.000
150.000
250.000

249,108
139,389
127,829
265,485

L in coln —
Central Nat Bank__
City Nat Bk in Line.
First National Bank.
Nat Bk of Commerce
Nebraska State Bank

Omaha—

31;

A sk.

P er

sh a r e

—

4,626,458 100
3.599,134 100 ........... .........
2,218,151 100
3,237,294 100

S ta te i n s ti t u t io n s D e c .

31.
P er

200,000
300.000
100.000
525.000
300.000
100.000
200,000

134,643
101,227
145,739
588,392
197,868
65,000
60,396

3,027,705
3,243,644
3,241,486
8,669,856
4,739,610
2,500,000
2,438,961

D ec.

31;

sh a re

100
100
10ft
100
100
100
100

First National Bank. 1,250.000
985,582 23,556,811 100
Live Stock Nat Bank
450,000
63,600 3,800,348 100
Omaha Nat Bank__ 1,000.000 1,212,813 34,305,682 100
Packers Nat B an k..
200,000
139,426 2,205,396 100
Peters Nat Bank___
200,000
122,401 2,591,788 lot)
Stock Yards Nat B k.
643,564 7,539,108 100
750,000
State Bank_____
201,2i9
300.000
6.326,068 100
U S National Bank
855,269 18.724,856 100
1.100,000
Union State Bank__
200,000
54,766 2,103,490 100

190 200
95
110
305
130
150
150
135
127 14 135
185 200
195 206
110 115

S ta te in s titu tio n s N o v .

1.

M anchester—
Amoskeag Nat Bank
First National Bank.
Manchester Nat Bk.
Merchants Nat Bank

200,000
150,000
150,000
150,000

739,368
311,392
408,331
66,167

3,987,905 100 300
1,817,790 100 200
2,595,359 100 250
2.318,020 100 135

Nashua—
Old Guar Sav Bank
Indian Head Nat Bk
Nashua Trust C o__
Second Nat ofNashua

S200.000
100,000
200,000
150,000

187,223
335,875
360,384
184,259

3,403,677
3.351,037
4,931,514
3.535,066

100
100
100
100

118
300
180
200

—

Portsm outh—
First National Bank
Nat Mech & Trad Bk
New Hamp Nat B k.

150,000
100,000
100 000

128,603
43,672
152,106

2,094,245
1,021.536
1.104,487

100 150
100 n o
100 200

—

NEW JERSEY

—N a t io n a l b a n k s D e c . 31;

Asbury Park—

A tla n tic C ity—
Chelsea Nat Bank..
Atlantic S D & Tr Co

Bayonne—

1200
200

P a r.

8
300.000
200.000
400.000

255

sh are.

Gross
Deposits.

B utte—
First National Bank.
Miners S Bk & Tr Co
Metals Bank & Tr Co

225
__
125
150

31.

S tate in s ti t u t io n s D e c .

S u r p lu s <&
P r o fits .

NEW HAMPSHIRE— N a t io n a l b a n k s
325

150
P er

banks D e c .

NEBRASKA — N a t io n a l b a n k s D e c .

31,
P er

6,082.22o!
3,837.501
7,514,221
8,739,86049.577.91C
4,367,301
10,054,035
775,68^
1,709,725
2,194,33c
2,755,027
4,037,40c
794,02-1
13,360,788
2,211,866
5,496,291
3,467,162
1,612,561
3,087,051
1,422,862
99,651,202
27,506,452
6,048,099
2,192,458
6,089,326
3,923,753
5,087,803
1,068,763

_____
200

31;

4,099,481
1,309,558
3,111,439!
3 ,3 1 0 ,0 09 ;
7,854,516

MONTANA.— N a t io n a l

Ask.

Per share.
100 175 200
too 450
100
100 250 260
100
165
lot) 150
155
100 150
100 150
175
100 100
110
100
100 75
90

283,926
56,918
290,182
94,761
713,437

banks D e c .

31;

Per share.
100 245 250
100
100
250
100 135
142
100 180 190
100
100 230 240

200.000
50,000
200,000
200,000
450,000

Kansas City—
100,000
City Bank o f K O__
568,675'
Columbia Nat Bank.
500,00(
62,600:
Liberty Nat Bank__
500.00C
234,54C
Drovers’ Nat B an k..
246,94(
600,00(
First National Bank. 1,000,00( 3,519,918
Gate City Nat Bank
220,00C
104,437
Interstate Nat Bank
500,000
954,923
100,000
Linwood State Bank.
29,267
Main St State Bank.
100,OOC
70,311
Merchants' Bank
200,000
110,155
100,000
Metropolitan Bank.
152,758
Missouri Sav Assn Bk
100.0CC
150,00C
Mutual Bank__ __
100,000
75,06-1
New Eng N Bk & Tr 1,000,OOC
659,103
Produce Exch Bank
100,000
114,347
Traders’ Nat B an k..
200,000
122,165
Stock Yards Nat Bk.
300,000
204,811
Union State Bank__
200.OOC
19,052
Western Exch Bank
250.OOC
133.138
Westport Ave Bank
100,OOC
96,291
Commerce Trust C o. 6,000,OOC 2,865,771
Fidelity Nat Bk & Tr 2,000,OOC 1,005,727
Home Trust C o___
201,062
300,OOC
Mercantile Trust C o.
150,000
124,590
Peoples Trust C o__
57,812
500,OOC
Pioneer Trust C o__
393,441
267,50C
Fidelity Savs Tr Go.
250.000
289,163
Walton Trust C o____
250.000
137,909
St. Joseph—
American Nat Bank
Burnes Nat Bank__
First National Bank
St Jos Stock Yds B k.
Tootle-Lacy Nat Bk
Empire Trust C o___
First Trust C o______
Missouri Vail Tr C o.

59

BANKS AND TRUST COMPANIES

Bayonne Trust C o ..
Mechanics' Trust Co

Bridgeton—

Bridgeton Nat Bank
Cumberland Nat B k.
Farm & Mer Nat B k.
Cumberland Tr C o_

P er

S ta te in s ti t u t io n s D e c .

31.
P er

767,118
137,094
220,881
514,984

6,573,222
2,284,894
2,935,244
4,822,698

10C
100
100
100

200,00( 1,155,087
762,278
400,000
200,000
655,717
250, OOC
420.84C
100,000
347,749
200,000
431,441
300,000
617,346
100,OOC C170.192
100,000
131,965
600,000
867,925
200,000
371,648
200,000
708,000

9,553,882
2,511,231
7,040,379
5,282,392
2,393,825
3,032,676
7,1 6,511
2,535.01C
2,110,430
6,830,681
4,250,749
4,752.094

10C
100
100 800
10C
100
100
100
lot
100
100
100
100

300,OOC
600.000

540,826
660,577

8,389,232
9,934,083

10C 315
50 145

100.000
150,000
150,000
150,000

280,114
573,597
191,126
228,025

2,395,737
3,086,213
1,463,970
1,878,935

10C
10(1
mu
100

400,00(
400.00C
150,000
350,000

Camden—

410
550
226
310
P er

Camden Nat B an k..
100,000
6,981,987 100 *764
626,793
First Nat State Bank 1,000,000 1,594,413 21,898,703 100 *327
Camden S D & Tr Co
750,000 2,110,523 14,943,942
25 n so
B ’way Merch Tr Co
500,000 1,076,657
5,718,927 100 *252
Central Trust C o__
25 *106
100,000
567,691
4,049,715
100,000
140,838 2,246,531 100 1275
Merchants’ Trust Co
250,000
379,132 4.304,100 100 *250
Parkside Title Tr Co
200,000
380,241
3,294,385 100 *250
Security Trust Co
200,000
567,213 4,919,369 100 *400
South Camden Trust
100,000
1,354,726 mo 1250
150,953
West Jersey Trust Co
200,000
683,429 4,719,219 m o 250

East Orange—

East Orange B an k..
Essex Co Trust Co
Sav Inv & Trust C o.

Elizabeth—

Elizabethport Bk Co
National State Bank
Peoples Nat Bank__
Central Home Tr Co
Elizabeth Trust Co__
Union County Tr Co

Hoboken—

First National Bank.
Second Bk & Tr C o.
Columbia Trust C o ..
Hoboken Trust C o._
Jefferson Trust C o ..
Steneck Trust C o__

Jersey City—

Journal Sq Nat Bank
Claremont Bank___
First National Bank.
Franklin Nat Bank. .
Labor National Bank
Merchants' Nat Bk.
Commercial Tr N J . .
Greenv Bk & Tr C o.
Lincoln Trust C o__
Mercantile Trust C o.
N J T Guar & Tr C o.
Trust Co of N J___
Un Tr & Hud Co N B
West Bergen Tr Co .

100,000
250,000
500,000
750,000

250,000
200,000
1,000,000
200,000
200,000
250,000
2,000,000
200,000
600,000
200,000
1.300,000
3,000,000
750.000
200.000

sh a re

560
310
sh a re

—

58,964
1,450,656 100 200
198,857 5,008,566 100 200
495,580 10,451,109 lot) 400
786,764 16,786.036 100 400

250,000
6,362,738
460,196
700.000 1,184,637 11,738,822
300.000
246,842 3,449,964
500,000
211,675 3,59J ,2 j2
500,000
371,375 4,715,587
400,000
950,854 11,950,491
500.000
350,000
100,000
200,000
400.000
600,000

sh a re

100
50
100
100
mo
100

25
953,381 13,666,274
5,797,637 100
360,000
106,249 2,059,409 mo
5,241,986 mo
294,940
329,583 7,417,736 mo
668,264 13,833,965 100
107,475
459,761
1,696,279
129,105
65,807
250,228
2,670,183
537,977
666,549
350,000
1,440,938
3,708,276
1,003,278
95,706

3,266,041
10,327,796
22,258,661
2,349,900
1,183,637
5,544,169
55,659.446
7,716,255
6,667,004
10,313,930
26,478,362
58,605,002
23,238,067
1,855,071

P er

400
170
220
175
275
350

sh a r e

300

P er

sh a re

P er

s h a re.

102 ^
300
175
295
215
275 300

100
mo
100
100

175
250
215
175

KID
100
mo
mo
mo
mo
mo
100
100

250
550
350
230
500
530
460
390
150

225

555
.....

* Sale price, a A p ril 12 1926. & Sept. 30 1926. c June 30 1926. i N o v . 22 1926. e D ec. 31 1925. g L iquidation o f C ity N ational Bank of
Lincoln, effective F eb. 1 1927; succeeded b y the C ity N ational Bank in L incoln. I Last sale, s Guaranty F und, t N ew stock, x E x-dividend.




60

NEW YORK—(Continued).

N EW J E R S E Y — (C o n c lu d e d )

C a p ita l.

L o n ? B ranch—
Citizens’ Nat Bank_
Lon? Branch Bkg Co
M orristown—
First National Bank.
National Iron Bank.
American Trust C o ..
Morristown Trust Co
Mt. H olly—
M t Holly Nat Bank.
Union Nat Bank____
Farmers’ Trust C o._
Mt Holly S D & T r_.
Newark—
American Nat Bank.
Broad & Market N B
Cit N Bk & Tr Oo__
Lincoln Nat Bank__
Mer & Mfrs N Bk__
Mutual Bk of Rosev.
Nat Newark & Essex
Banking C o______
National State Bank
North Ward Nat Bk
City Trust C o______
Clinton Trust C o__
Federal Trust C o__
Fidelity Union Tr Co
Guardian Trust Co
Guaranty Trust C o. .
Iron Bound Trust Co
Liberty Trust Oo__
Newark Trust Ce
North End Trust C o.
So Side N B & T C o .
8pringfield Av Tr Co
Vallsburgh Trust C o.
Washington Trust Co
Weequahic Trust Co
West Side Trust C o.
New Brunsw ick
Cits Nat Bk of N Br
Nat Bank o fN J____
Peoples Nat Bank . .
Middlesex TG&T Oo
New Brunsw Tr O o ..
N orth tis W est Hu
First Nat Bank of
Union City .
First N Bk, West N Y
Oommonw’lth Tr Oo
Guttenberg B & T Co
WeehawkenT&TitCo
Highland Trust C o._
Hudson Trust Co _
Passaic—
Amer National Bank
Merchants Bank
Passaic N Bk&Tr Oo
City Trust C o______
Hobart Trust C©
People’s Bk & Tr C o .
Service Trust Co
Paterson—
First National Bank.
Paterson Nat B an k ..
Second Nat Bank__
Nat Bank o f Amer
Paterson Sav Inst__
Citizens’ Trust C o ..
Franklin Trust Co _
Hamilton Trust C o .
U S Trust Co _
P lainfield—
First National Bank.
Mid-City Trust Co__
Plainfield Trust Co__
State Trust C o____
Title Guar & Tr Oo
T ren ton —
Broad St Nat Bank.
Capital City Tr C o._
First National Bank.
Hanovor Trust C o ..
Mechanics’ Nat B k.
Trenton Banking Co
Colonial Trust C o__
Mercer Trust C o____
Trenton Trust C o__
Wilbur Trust Oo____
W oodbu ry—
Farm & Mechanics’
National Bank__
First Nat’l B a n k ...
Wnndburv Trn^t Oo

&

%
100,000
150.000

S u r p lu s
P r o f it s .

$
233,000
206,152

G ro s s
D ep o sits .

2,540,318

Par

B id .

10f
6(

sh a r e

P er

sh are.

325
200

200.000
200,000
150.000
800.000

383,537 5,469,101 10C 275
5( 110
183,426 4,508,531
126,858
1,830,764 l()( _____
998,290 10,755,582 lot 250

100,000
100,000
200,000
100,000

100,166
230,235
152,268
184,219

P er

912,250 25 40
1,829,632
5( 150
1,171,434 101 135
668,593 100 125

500.000 1,268,688 16,233,497
200.000
621,267 8,970.875 10(1
200,000
143,587 2,103,211 10(1
3,714,992 1(Ml
370,711
600,000
1.350.000 2,074,813 19,633,056 1(Ml
229,122 2,979,519 100
200,000

745
300
200
255
490
300

36,052 ,599
6,973 ,197
13,400 684
5,668 ,639
7,754 ,747
24,722 ,465
92.164 897
11,342 354
1,579 ,501
15,771 ,881
2.684 578
2,410 311
1,107 ,719
1,060 986
8,236 334
2,342 429
4,202 960
3,002 113
9,534 492

100
l(M)
109
KM)
100
1(M)
100
—

390
500
600
550
435
485
700
158

66,292 2,042.489
250.000
500.000 1,065,644 14,597,417
200.000
318,216 4,223,113
150,210 2,247,578
100.000
484,074 7,112,945
300.000

100
100
100
100
100

2.500.000
500.000
400.000
300.000
500.000
3.500.000
5.250.000
5.000.
500.000
500.000
200.000
500.000
200.000
200,000
200,000
200,000
300.000
200.000
600,000

1,625,647
1,103,241
1,030,945
411,555
749,928
3,500,000
4,790,453
000
2,612,444
211,789
765,932
128,099
592,201
11)3,130
70,921
517,405
128,396
487,222
236,819
775,431

daon—

600
100 1,80
100 425
200
100 230
100 »320
100 350
100 280
100 325
100 825
P er

150
350
280
175
280

250.000
4,336,080 100 180
95,051
223,633 5,139,478 100 260
100.000
701,071
600,000
8,172,635 100 300
100,000
200,035 3,543.547 1(H) 350
800,000
525.000 8,676,032 100 250
300.000
248,757 5,085,408 KM) 225
1.000. 000 3,003,424 33,637,287 100 600
P er

560,849 100 125
52,685
200.000
100.000
1,814,030 100 225
116,314
1.500.000 2,237,265 24,933,500 100 300
200,000
274,639 4,950,423 KM) 300
300.000
401,723 5,363.661 100 300
8,901,722 100 325
600.000 1,073,861
400.000
1,659,929 100 170
262.206
600.000
1.200.000
750.000
500.000
1,000,000
500.000
600.000
600,000
350.000

9,805 ,333
14,116 ,161
12.477 907
4,039 232
24.477 403
10,973 126
4,649 389
12,303 142
20,397 928

100
100
50
KM)
25
100
100
100
100

200.000 6389,941
6,296,370
680.000 1,003,818
200.000
616,300 1,036,840 19,665,023
235,472 3,789,065
150.000
60,061
250.000
1,098,055

100
100
100
100
100

250.000
150.000
1,000,000
200.000
1.000,000
750.000
100.000
300.000
750.000
100.000

800,063
1,189,568
1,230,049
371,151
1,945,674
725.000
554,086
570,427
1,550,148

992,681
161,426
2,078,350
231,343
1,597,579
1,450,769
231,004
650,431
1,127,222
125,274

100,000
100,000
m o non

12,633 018
1,213 068
13,570 168
4,821 398
19.533 432
14.533 089
4,560 604
10,110 ,970
18,037 357
1,791 892

100
100
100
100
50
50
100
100
100
100

P er

415
285
230
167
195
400
185
315
685

* Sale price,

300,000
151.000 1,937,700
200.000
206,800 5,276,500
100,000
75,800 2,323,300
200.000
125,000 2,843,200
200,000
97,863
1,272,363
1,000.000 1,446,800 17,636,400
400,000
282,200 4,354,100
100,000
50,000
1,502,200
400.000
151,300
1,331,400
2,150,000 3,508,376 57,941,240
1,000,000 1,558,766
5,269,938
2,000.000 1,009,112 28,864,712
1,000.000 1,710.230 18,495,199
200.000
579,600 8,378,100
100 000
64.900
1,562.700
500,000
274,500 1,429,300
2,000.000 5,315,664 54,303,443
500.000 05,172,372 34,513,873
10.000,000 14,782,338 208,844,432
1.000,000
546,824 9,616,976

a D ec. 31 1926.

Bank
-rfghtsmerSed ° n Feb 1 1927
y Ex-rights.




15.

Too
100
100
100

sh are.

43
160
137
135

260
500
400

161

285
sh a r e

400
300

275
sh are

150
275
325

350
sh a r e

170
190
320

420
200
400
210
265
230
225
275
260
185

P er

100
100 290
100
100
100
100
100
100
50
100
100
100
100
100

200

1225
1215

Binghamton—

Atlantic State Bank.
Bank o f Coney Island
Bank o f Sheeps’d Bay
Bushwick Nat BankCitizens Bk o f Bklyn
First National Bank.
Globe Exchange B k.
Kensington Bank__
Lafayette Nat BankMechanics’ Bank__
Montauk Bank_____
Municipal Bank____
Nassau Nat Bank__
People’s Nat B an k ..
Security State Bank
Traders Nat B an k..
Brooklyn Trust C o_
Kings Co Trust Co _ _
Manufacturers’ TrCo
Midwood Trust C o . .

220

1230

345,914
246,473
266,1561

B a n k & T r u st C o . r e tu r n s da te N o v .
N a t . b a n k s D e c . 31.

A sk.

P er

2,162,880 100 400
2,452,659
50 185
1,395,578 mn 350
NSW Y O B S —National b a n k s ( e x c e p t N e w Y o r k C i t y ) , D e c . 31; S ta te
t u t io n s , N o v . 15 1926.
A lban y —
Per
Central Bank______
100,000
158,346 3,216,530 100 165
Mech & Farmers____
250,000 1,368,086 4,018,972 100 500
Nat Com Bk & Tr O o. 1,500,000 4,090,794 33,542,604 100 440
N Y State Nat Bank. 1.250.000 2,460,599 30,195,680 100 280
First Trust C o____ 1,000,000 ffll,926,534 25,415,300 100 350
A uburn—
P er
Cayuga Co Nat B k ..
200,000
388,418
3,762,416 100
Nat Bank o f Auburn
200,000
237,221 4,563,654 100
Auburn Trust C o__
150,000
427,206 6,512,925 100 375
P er
Citizens Bank______
150.000
106,821 2,653,717 100 140
City National Bank.
200,000
551,393
7,743,905 100 325
First National Bank.
400,000
639,619 9,130,259 100 220
People’s Trust C o__
500.000
610,486 7,962,103 100 175
Brooklyn— S ta te

[V ol. 124.

BANKS AND TRUST COMPANIES

385

450
200
400
in s ti­
sh a r e

550
450
290
370
sh a re
1210
1125

400

sh a r e

150
350
230
200

sh a re

310

395

140
288
360
317
310
750

292
375
323
325

825
2150
580
360

835
2300
590
375

S u r p lu s <£
P r o fits .

C a p ita l.

B uffalo—
Liberty Bank.
People’s Bank______
Community Nat B k.
M an'f’rs&Trad Tr Oo
Marine Trust C o____
Elmira—
Merchants’ Nat B k.
Second Nat Bank__
Chemung Can T C o .
Jam estown—
American Nat Bank.
Bank of Jamestown.
Farmers & Mech B k.
The First Nat Bank.
Liberty Nat B an k ..
Nat Chautauq Co Bk
Union Trust, C o____
New Y ork C ity—
are of date Feb. 26 1927.
for National and
of banks and trust
found in our “ Rai

G ro ss
D ep o sits.

$
$
) 5,960,742 58,424,124
1,271,40^ 28,216,066
3
744,786 14,349,148
) 04,959,478 87,163,578
015783984 201.171,872
1

1

Par

10C
IIM
1<)<
1()(
5t

As*.

B id .
P er

share

408
265
275
465
260

415
275

475
270

P er sh are

285,152
982,472
a l,031.814

3,042,518
8,517,047
9,141,391

lOf 225
KM 345
100 280

310

238,732
655,481
551,212
619,921
60,021
826,45c
640,266

4,284,387
5,968,62C
6,634,797
4,320,085
1,0)7,963
8.606.47C
2,523,710

100
KM
1()(
1()(
101
10C
10(

300
450
250
500
100
300
400

ew Y o r k C i
S u r p lu s a n
26 f o r Stat
in N e w Y o
n d u s t r i a l"

275
425
230
475
250
375

ty b a n k s a r e r e p o rted we
d p r o f it s a r e o f da te D e c .
e ban ks.
A d iv i d e n d r
rk C ity a n d B ro o k ly n ni
S e c tio n , p a y e257
P er
%

$
Amalg Bank of N Y_
i
224,007 e7,731 914
Amer Union B an k..
647,662 013,414,095
Bank of America___
| 5,286,607 88,097,000
Bank of Manhat C o.
al5713171 150,274,000
Bank o fU S_______
3,053,676 e84,079,035
Bank of Wash Hgts.
al,030.96C
9,916,000
Bank of Y orktow n..
240,480 el ,709,889
Berardini State Bank
774,000 el .820 000
Bowery &East River
Nat B an kofN Y__
3,507,010 66,821,000
Broadway Cent Bank
215,900 e6,974,700
Bronx Borough Bank
897,453 e9,217.770
Bronx National Bank
384,300 o8,656,200
Bryant Park B an k..
205,000 e2,615,400
Capitol Nat Bank__
1,003,400 026,788,000
Chase National Bank
38,221,275 546,095,000
Cent Mercantile Bk
& Trust Co
1,910,198 e35,389,286
Central Nat Bank__
500,800! a6,787,400
32.422
0729.494
Century Bank (The)
Chatham Phenix Nat
Bk & Tr O o______
13,329,408 208,793,000
Chelsea Exch B an k ..
909,939 el8,491,490
Chemical Nat Bank.
19,061,293 130,847,000
Colonial Bank_____
3,305,275 34,400,000
Columbus Bank__
81,364 e l,050,156
Oomm’lE x B k of NY
1,240,013 el4,018,310
Commonwealth Bank
739,946 13,376,000
Continental Bank__
1,269,500
6,569,000
Corn Exchange Bank
15,269,769 202,502,000
Cosmopolitan Bank.
380,000 e9,810,400
Eastern Exch Bank.
30,000 el ,471,500
Fifth Avenue B an k..
2,985,000 25,094.000
First National Bank.
77,448,700 195,596,000
Fordham Nat Bank
75,000 a3,244,500
Franklin Nat Bank.
481,508 05,762,731
Garfield Nat B an k..
1,830,150 18,563,000
Gimbel Bros Bank__
125,200 e l,364.800
Grace Nat Bk of N Y
1,950,948 11,459,000
Greenwich Bank____
2,645,049 26,487,000
Hamilton Nat Bank.
591,100 a l5 ,924,200
Hanover Nat B an k..
26,605,077 105,518,000
Harlem Bk of Comm
150,300 e2,585,200
Harriman Nat Bank.
1,593,580 o41,303,006
Internat Union Bank
210,028 e3,825,418
Lebanon Nat B an k ..
181,000 a l,656,400
Liberty Nat Bank__
848,900 a l4 ,205,000
Longacre Bank
388,747 09,058,906
Madison State Bank.
80,964 e2,880,035
Melrose Nat Bank
115,500 a2,045,200
Mutual Bank_____ _
910,573 el8,266,564
Nat Bk of Commerce
42,479,300 326,764,000
Nat Bk of Yorkville.
187,800 o l ,362,800
National City B k ._ c
66,287,091 893,669,000
National Park Bank. 10,000,000 24,319,000 129,523,000
New Netherland B k.
507,165 el4,555,831
Penn Exchange Bank
161,872 e3,543,147
Port Morris Bank___
147,700 e3,891,200
Prisco State B ank__
208,900 e2,659,800
Public Nat Bank____
7,924,475 0115269727
Seaboard Nat Bank
11,007,032 123,129,000
Seventh Nat B k___
327,200 a9,285,700
Standard Bank____
439,300 e7,444,400
State Bank________
5,761,586 101,980,000
Trade Bank o f N Y . .
278,219 e4,034,941
United Nat Bk in N Y
484.300 013,894.900
200,000
World Exch B an k ..
115,800 e2,495,400
Trust Co. returns da te Nov. 15 1926.
Am Ex Irving Tr Co 32.000.
000
028815383
584,164,121
American Trust C o .. 4.000.
000
3,415,409
44,673,139
Anglo South Am T r. 1.000.
000
646,358 9,083,165
Bk of Athens Tr C o.
500.000
506,772
1,247,553
Banca Com It Tr Oo 1,000.000
766,934 8,615,727
Bank ofEurope Tr Co 1,000.000
685,831 12.679,401
600.000
Banco di Sicilia Tr Co
197,708 5,735,478
Bank of N Y & Tr Oo 4.000.
000
013173726
103,158,155
Bankers Trust C o__ 20.000.
000
35,540,753
380,050,522
Bronx County Tr Co 1.000. 000 0806,308 15,965,029
Central Union Tr Oo 12,500.000 O32756101 270,713,224
County Trust Co__ 1,000,000
564,600 9,195,500
Empire Trust C o__ 4.000.
000
04,175,564
76,476,156
Equitable Trust O o. 30.000.
000
022425
651 430,972,350
Farmers’ L & Tr O o. 10.000.000 O20119457 151,136,468:
Federation Bk&Tr Co
760.000
972,047 16,250,065
Fidelity Tr C o______ 4.000.
000
3,235,401
44,797,012
Fulton Trust C o____ 1.000.000 1,428,984 14,893,635
Guaranty Trust C o .. 25.000.
000
025958981
504,960,206
Int Accept Sec & T r.
500.000
535,000 3,766,000
Interstate Trust C o. 3.000.
000
900,000 4,089,213
Italian Disc & Tr Oo 1.000.
000
(7659,021
8,215,912
Lawyers’ Trust C o_. 3.000.
000
3,429,519
19,821,043
Murray Hill Trust Co 1.000.
000
1,022,597
2,949,671
New York Trust O o. 10.000.
000
021669
617 232,705,637
Terminal Trust C o ..
700.000
292,320 5,434,933
Title Guar & Tr C o_ 10.000,000 018661943 42,986,757
Trust Oo of Nor A m .
500.000
205,998 3,193,816
U S Mtge & Tr C o .. 3.000.
000
04,804,616
73,083,538
U S Trust Co of N Y 2.000.
000
O20001084
51,483,405
Jamaica, L. I .—
Jamaica Nat Bank_.
200.000
145,400 3,163,400
R ochester—
Lincoln-Alliance B k. 2,000,000 3,331,449 54,171,977
Nat Bank of R och._ 1.200,000
419,993 17,275,752
Central Trust C o__
600,000 0712,802 18,384,356
Genesee Vail Tr C o_.
400.000 0945,501 18,222,055
Roch Trust & S D Co 1,000,000 02,202,614 41,625,277
Security Trust Oo__
300.000 01,936,608 28,850,134
Union Trust C o_____ 2,200,000 01,850,598 48,175.402
S chenectady—
Mohawk Nat B an k..
400.000
380.263 4,661,669
Union National Bank
300.000
836,613 9,730,611
Citizens Trust C o__
300.000
452,356 8,677,581
Schenectady Tr C o.
500.000 1,242,000 16,756,000

t and

31 ’26
ecord
a y be
sh a r e

10C
100
100
50
100
160
100

198
300
238
320
700
135

205
310
243
330
900
142

100
100
100
100
100
100
100

415
1375
490
210
216
438

425
65
1450
510
225
223
442

__

100 287
100 140
100

291
145

100
100
100
100
100

394
265
845
930

398
273
855
1000

100
100
100
100
100
100
100
100
100
1(M)
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100

295
265
535
300

305
280
540

2200
2775

2300
2820

160
365

166
380

350
525
198
1175

550
203
1200

635

655

650
441

444

100
100
100
100
100
100
100
100
100
100
100
100
100
100

532
512
317
145
x350

536
517
324
155
365

543
710
163
670
590
190
185

548
720
168
685
600
200
200

100
100
100
100
100
100
100
100
100
too
100
100
100
100
100
100
loo
100
100
100
100
100
100
100
100
100
100
100
100
100

325

328

765
704
335
995
325
371
304
562

775
711
350
1005
335
376
307
567

300
450
474

312
475
478

205

210

217
553
200
685

223
557
210
390

405
1950

412
1975

100
100
100
100
100
100
KM)
100

P er sh are

293
125
235
400
360
1000
195

201

25 75
KM) 400
100 325
100 400

80
425
350
425

300
245

6 June 30 1926. c C apital increase, d A pril 12 1926. e N o v . 15 1926
n Name ebamred to rtk m n n t N ational
■B o” rery & East R Wer N ational B ank. I Last sale, t N ew stock, v E x 100% stock dividend
x E x-d ivid end .

Mar., 1927.]

OHIO—(Concluded)

NEW YORK (Concluded)
Syracuse—
City Bank Trust Co

Liberty Nat B an k..
Merch Nat Bk & Tr

Trov—

Capital.

Surplus
& Profits.

Cross
Deposits.

Par.

$
$
$
2.500.00C cl ,389,854 30,599.408 100
182,20S 4,500,589 10(1
300,00C
500,00C
612,04C 6,156,858 100
800.00C
453,026 6,947,150 1O0
300.00C
252,184 4,133,574 10(1
2,500,00C c2,760,806 50,350,218 100
1,500,000 1,477,734 36,694,991 100

Bid.

Ask

Per
203
196
205
260
175
302
287

share
208
215
275
307
293

Manufac’rs Nat Bk.
National City Bank.
Nat St Bk o f T roy..
Union Nat B an k...
United Nat B an k...
Trust Oo____

Per
1,000,000 1,602,293 28,097,410 100 410
300,000
7,117,775 100 230
517,873
250.000
465,735 4,420/68 100 240
50 200
300,000
510,236 6,577,753
240,000
466,791
948,314 100 300
200.000 C227.608 4.321,671 100 200

share.
425

Oneida Nat B an k...
Citizens’ Trust C o..
Utica Tr & Dep C o..
Utica Nat Bk & T r..

Per
9245
248
240
240
98

share.
250
250
245
245
100

Troy
Utica—
First Bk <fc T r_____
Watertown—

Jefferson Co Nat BL
Watertown Nat B k.
North'n N Y Tr C o.

1,500,000 2,419,712 19,309,197 100
600,000 1,092,224 5,817,043 100
1,000,000 1,207.641 17,243,796 100
949,719 14,866,060 100
1,000,000
5,368,362 100
376,666
1.000,000
500,000
543,173
200,000
248.370
400,000 1,040,513

Vernon— 1st N__
200,000 1,087,750
M t Vernon Tr C o .
783,181
500,000
New Rochelle—
Central Nat Bank
127,295
200,000
Nat City Bank__
400,000
603,986
North Ave Bank_
149,948
150.000
Huguenot Tr C o._
218,493
250,000
N Rochelle Tr C o .
200,000 C773.009
Ossining— 1st Nat &
125 non
Trust C o ________
217,972
Ossining Trust Co.
200,000 C210.027
Peekskill—
Westches Oo N at.
668,420
100,000
Pleasanlville—
Mt Pleasant B k ..
100,000 c209,108
Port Chester— 1st N .
Bk. & Tr Oo.........
250,000
310,991
Mutual Trust C o .
300,000 C283.214
Rye— Rye Nat B k__
100,000
172,781
Tarrytown N B&TrCo
200,000
282,238
While Plains—
Citizens Bank____
250,000 C420.148
West Title & Tr Co 1,000,000 c l , 170,227
300,000
885,832
County Trust C o.
569,932
Vonkers— First N at.
300,000
Yonkers Nat Bank
200.000
284,253
& Trust C o___
Westches’r Tr C o.
300,000 1,154,498
Yonkers Trust C o.
350,000 c l 89,793
M l.

NORTH CAROLINA—Nat. banks Dec. 31;
Charlotte—
Charlotte Nat Bank.

500,000
Commercial Nat B k.
500.000
First National Bank.
300,000
Mer & Farm N Bk_
200,000
200,000
Union Nat Bank___
American Trust C o .. 1,200,000
Independ’ce Tr C o .. 1,000,000

723,889
683,345
710,078
551,148
402,336
912,396
843.667

First National Bank
Home Savings BankMerchants’ Bank__

100,000
100,000
600,000
100,000
100,000

130,000
980,579
587,816
100,000
160,620

Atlantic Bk & Tr Co
Greensboro Bk & Tr

1,250,000
800,000

950,533
441,036

Citizens Nat B an k..
Comm’l Nat Bank
Raleigh Bkg & Tr Co
Raleigh S B & Tr C o.

300.000
600,000
100,000
100,000

204,655
267,668
128,748
197,207

Durham—

Citizens’ Nat Bank.

Greensboro—
Raleigh—

Wilmington—

Murchison Nat B k ..
People's Sav B an k..
Wllrn Sav & Tr C o ..

Winston-Salem—

1,000,000 1,136,664
202,012
65,000
480.025
300,000

NORTH DAKOTA—N a t . b a n k s D e c . SI
B an k ..
Fargo National Bk_
First National Bank.
Merchants Nat B k._
Security Nat Bank—
Northern Trust Oo_

OHIO—N a t io n a l b a n k s
Akron—
Central Sav & T r__

150.000
50.000
300.000
100.000
100.000
100.000
D ec.

31; S ta te

325

Per share.
100 550
100 400

9,717,519
17,598,572

1,579,776 100
12,719,081 100
3,062,976 100 250
5,591,414 too 140
10,363,924 100

145
600

1,179,365 100
2,571,050 100

400

7,506,718

50 400

3,127,047

100 Z300
340
250

600
230

100 350
100 550
100 170

175

31.

Slate institutions Dec.
Per
4,692,433 100 200
3,586,398 101, 225
2,123,648 100 325
2,972,372 100 300
3,253,273 100 340
15.859,665 100 185
5,145,958 100 186
1,700,000 100 180
25 225
6,543,492
6,295,780 100 185
25 48
1,330,000
1,971,568 50 110
10,053,518 100 180
4,089,332 100 155
Per
4,526,159 100 170
8,439,943 100 141
1,947,770 100 1350
2,070,843
240
Per
13,342,737 100 198
2,162,823 25 105
4,569,267
50 200

1,604,869 100
781,031 100
6.694,692 100
2,303.073 100
1,190,068 100
739,585 100

in s ti t u t io n s D e c .

share
225
240
360
200
190
185
190
50
120
180
160
share.

share.
200
125
220
125
210

29.

sh are.

225
205
185
100
180

Cent Sav B & T C o.
Dime Savings Bank.
First National Bank.

190

Cincinnati—

85,312 3,811,399
200,000
250.648 5,019,738
500,000
500,000 1,268,769 10,707,811

Cleveland—
Amer Sav Bank O o.

100,000

Lorain St Sav & T r.
Midland Bank_____
National City Bank
Pearl St S & Tr C o.
United Bk & Tr C o.
Cleveland Trust Oo
Guardian Trust C o.
Lake Erie Trust O o_
Union Sav & L C o.
Union Trust Oo___

1,000,000
1.800.00C
250,000
400,000
2,000.000
2,000,000
1,500,000
1.500,000
8,600,000
4,000,000
1,000,000
900,000
22,850,000

Columbus—

Brunson Sav BankCitizens Bank_____
CityNatBk of Colum
Columbus Nat Ban]
Columbus Sav Bank
Commer’l Nat Bank
Fifth Ave Sav Bank.
First Nat'Bank_____
Huntington Nat Bk.
Market Exch Bank.
Northern Sav Bk C<
Ohio National Bank
City National
Merchants' IS
& Trust C o.
Third Nat B
Trust C o ..

Toledo—

City Savings B an k..
Com Sav B & Tr C o.
Dime S Bk & Tr C o.
First National Bank.
Com Guard Tr & Sav
Home Bank & Tr Co
Ohio S Bk & Tr C o Peoples Bk & Tr C o.
Secur S B & Tr C o ..
Snitzer-R T & S B k ..
Toledo Trust C o____
Union Tr & Sav B k_.

200,000
1.500,000
500,000

500.000
50,000
600,000
ioo.ooo
500,000
1,800,000
100,000
100,000
1,500.000

100 165
100
100 375

—

281,217

18,246
753,661
1,011,510
101,774
91,025
1,164,050
125,661
721,706
2,154,081
337,440
48,532
1,963,609




1,248,884
26,981,676
13,158.547
3,800,295
1,203,976
10,965.439
1,824,540
11.591,793
26,262.898
3,331,110
1,224,239
18,288,903

500,000

449,258 12,102,917
222,000

400,000
1,000,000
250,000
600,000

Par.

100,000
200,000
300,000
500,000
1,400,000
1.000,000
1,000,000
200.000
800.009
600,000
5,000,000
250,000

Bid.

Per sh a re
260
40
42
220
225
165
300 325
250
308

320

Per
100 360 500
100
10(1 290
100 _____l 132J*
100 250
280
100
100 175
100 285 3^ 295
100 265
100 307
100 285
loo ______
100 155 H
100 224
100
100
100
100
100
100
100
100
100
100
100
100

Per share
186
329
105 Ji
250
340
400
311
311
480
317

321

Per
100 300

4,783,000 100 195

200

300

29,087
611,732
452,655
1,787,475
1,431,629
582,675
2,860,919
144,556
1,207,591
258,386
3,518,915
407,671

1,104,904
15,032,981
10,006,061
9,378,157
25,447,567
9,899,136
41,727,963
2,423,477
13,245,771
2,941,862
35,191,715
1,670,665

100
100
50
100
100
ion
100
100
100
100
100
100

Per
130
340
275
350
200
170
400
150
250
220
190
250

Youngstown—

Per
Central Bank C o____
150,000
8,188
620,307 100
City Tr & Sav Bank. 1,000,000 1,357,392 10.550,732 100 238
Commer’l Nat Bank.
775,031
500,000
7,398.670 100 235
Dollar Sav & Tr C o .. 2,500.000 2,189,050 19,932.487 100 196
First National Bank. 2,500,000 2,007,988 16,840,479 100 196
Mahonlng Nat Bank 1,000.000
437,817 3,882,855 100 175
Mahoning Sav & Tr
150.000
166,846 2,945,096 100
Second Nat Bank__
76,422
1,123,285 100 120
200.000
South Side Sav Bank
63,182
100,000
893,815 100 135

OKLAHOMA—N a t io n a l b a n k s D e c . 31.
Guthrie—
First National Bank.
First State Bank____

100,000
50,000

77,962
18.205

3,203,746 10C
1,606,200 100

First Nat Bk of M cA
McAlester Trust Co

100,000
1:100.000

16,538
41,405

1.821,137 10C
2,222,560 25

Commercial N a tB k .
First National Bank.

300,000
500,000

112,565
153,519

McAlester—

A sk.

391,398 5,819,212 100 200
513,483 12,125,521 100 165
173,335 7,157,439 1(M)
754,334 18,049,757 100 275

P er

sh a re

s

65
2
2
1
1
128

sh a re

P e r sh a r e

P er

sh a r e

P er

sh a re

4,121,160 100 150
7,228,809 100 225

385,106 19,138,075 100 200
50,001
4,441.164 100 175
61.077 4.716.705 100 200
138,574 10,164,217 100 200
305,079 13,296,227 100
100.000 4,791,733 100 225

200
250

250
250

Tulsa—

Central Nat Bank__ 1,000,000
400,819 9,474,554 100
Exchange Nat Bank. 2,000,000 1,269,229 41,496.875 100
First National Bank. /2.000.000
229,602 22,868,099 100
Nat Bk of Com’erce
200,000
100,000 4,632,081 100
Producers Nat Bank
70,132 4,736,060 100
250.000
Security Nat B an k..
500.000 6183,302
7,051,192 100
Exchange Trust C o ..
650,000
593,416
1,913,950 100

OREGON— N a t io n a l b a n k s D e c . 31; S ta te in s tit u t io n s D e c . 31.
Portland—

Broth’d Co-Opre N B
200,000
54,582
P er sh a re.
•
G W Bates & C o____
100,000
Atlas Nat Bank____
26,304
400,000 1,221,032 8,549,284 100 430
Can Bk of
300.000 6117,946
Bk of Comm & Tr Co
160
500,000
154,507 3,917,278 100 150
Citizens B a n k _____
200,000
Brighton Bk & Tr Co
91.135
367,448 15,078.167 100 550
500,000
First National Bank. 2,500.000 1,253,067
Brotherhood of Ry
Hibernia O & Sav Bk
200.000
248,221
Clerks Nat B k__
200,000
52,182 3,788,100 100 110
Live Stock State Bk.
50,000
Olnn Bk & Tr Co . .
10,641
296,958 3,861,364 100 250
150,000
N ’western Nat Bank 2,000,000
Columbia B & S Co
65
452,570
100.000
284,441 2,271,431 100 50
Peninsular Nat Bank
165
200,000
Cosmop Bk & Tr C o .
302,507 8,437,281 joo 150
54,016
350,000
Portland Nat’l Bank
200.000
First National Bank. 6.000,000 6,101.343 43,471,280 100 337 345
53,059
United States N B k. 2.400,000 2,941,212
Hyde Park Sav Bank
13] .864 1,974,300 JOO 225 235
100,000
West Coast Nat B k.
Lincoln Nat Bank_
300.000
135,379
500,000 1,180,086 9,303,118 100 350 425
Security Sav
North Side Bank__
175
600,000
511.553
100,000
282,414 2,931,970 50 140
Lbrmen’s Tr
B k.
Oakley Bank. ____
125
200,000
100,000
130,823 2,876,652 50 120
84,888
400.000
555,990 9,058,000 100 350
* Sale price, a Includes City Trust & Savings Bank. 6 June 30 1926. c Dec. 31 1926. d N ov. 4 1926. e Oct. 4
stock, h Absorbed First Nat. Bk. of Oklahoma City, i Declared 100% stock dividend; $175 per share bid for new stock,
consolidated with Fourth & Central Tr. Co. as of Jan. 31 1927. k Failed on Feb. 4 1927. I Last sale, x Ex-dividend

Pearl Market Bank.

3,809,450

398,274 23,174,452
3,406,031 43,628,046
e332,897 2,800,16C
544,552 8,537,567
1,102,291 24,840,724
1,121,527 24,415,176
1,070,05C 27,885,003
1,094,739 23,619,000
5.081,519 205,201,083
5,861.841 118,925.139
265,173
5,873,040
868,452 3,807,867
14,013,642 286,595,254

200,000

Am First Nat Bank . hi ,000,000
Farmers’ Nat Bank.
200,000
Fidelity Nat B an k..
300,000
Liberty Nat Bank _.
600,000
Security Nat Bank
750,000
Tradesmen’s Nat Bk
500,000
P er

Gross
Deposits.

$
$
$
323,052 4.918,662 100
200,000
I(.
1,620,00( 2,005,368 31,795,148
914,78(
8.82M 28 10(1
1,000,00(
361,881
5,228,685 10(1
3
250,00(
1 18,645 2,702,941 IOC
250,00(
3 1.000,00( 1,513,26( 16.806.017 10(1
Central Trust Co__ 14,000,000 2,526,815 21,080,737 —
Fifth - Third - Unlo:
Trust C o_______
5,000,000 7,027,761 76,379,593 —

Oklahoma City—

31.

Surplus &
Profits.

3

Muskogee—

Per share.

770.469 14,932,470 100 250
1,000,000
Commercial S & T r.
358,849 5,138,784 10(1 200
300,006
Depositors Sav & T r.
500,000
607,694 7,544.726 10(1 200
Dime Savings Bank.
261,938 3,483,241 101) 195
200.000
Ohio State Bk & Tr
646.594 9,504,744 100 175
500,000
Standard Sav Bank
31,009
532.090 100 90
100.000
Firestone Pk Tr & SB
223,165 4,997,824 100 160
200,000
First Trust & S B k_ 1,500,000 2,551,227 28,640,949 100 275

Canton—

Cincinnati (Con.

City Tr & Sav BankI

7,501,537 100
4,640,875 100 550
9,749,343 100
50 225
9,905,495
7,167,194
11,004,134
8,391,117

Capital

Dayton—

5,969,228 100 325
4,305,000 100 225
3,560,682 100 300
2,064,529 100 200

S tate in s ti t u t io n s J u n e

92.108
58,328
299.232
115.567
16,353
85.876

250

Nom. prices
7,096,416 100 240
4,240,722 100 225 235
9,211,752 100 325 350

48,000
1,812.000 100 95
People’s Nat B an k..
150,000
Wachovia Bk & T r_ 2,175,000 1,834,406 40,175,602 100 200

Fargo—
Dakota Nat

61

BANKS AND TBTJST COMPANIES

Oom’ce__

A Tr Co
Co

2,211,477
1,226.698
3,981,195
4,334,374
38,825,948
7,341,287
632,730
20,029,185
2,039,220
2,546,648
54,542,082
4,515,567
4,276,398
2,420.920

100
100
100
100
100
100
100
100
100
100
100
100
100
100

P er

120

sh a r e

125

227
185
217
190

195
222
200

110
125
140
380
170

120
135
150
390
185

110

120

1926. /N e w capital, g New
j Citizens Nat. Bk. & Tr. Co.

63

PENNSYLVANIA— Nat. banks (except Phila.) Dec. 31; State inst. Dec. 31Capital.
A llentow n—
$
Allentown Nat Bank 1.000.000
Merchants Nat Bank
400.000
Ridge Ave Dep B k.
60.000
Second Nat Bank
300,000
Allentown Trust C o .
364.000
Citizens Trust Go
250.000
299,420
Dime Sav & Tr Co
Lohlgh Vail Trust Co
600.000
300.000
A ltoon a—
160,000
100,000
200,000
250.000
246,800
162,962
Mountain City Tr Co
Erie—
125,000
300.000
300,000
200,000
600,000
175,700
500,000
200,000
Secur Sav & Tr Co_ _
H arrisburg—
200.000
East End Trust Oo__
300,000
Harrisburg Nat Bank
400.000
125,000
750,200
300,000
400,000
Harrisburg Trust Co
286,010
250.000

Guaranty Trust C o ..
Lancaster Trust C o.

[V ol. 124.

BANKS AND TEUST COMPANIES
Surplus &
Profits.
$
1,371,987
1,400,012
] 01,411
1,196,964
492,610
355,411
159,016
1,005,394
274,016
526,593
600,729
248,000
642 896
356.884
302,238
dl91,684
1 380 737
* ’702’592
309,158
974,848
c88,322
1,181,613
692,269
84,380
719,740
755,363
e96,292
1,855,129
661,638
866,727
233,006
267,657

200.000
800,724
200,000
400,567
300.000
729,364
263,125
152,411
225,000 1,337,156
300,000
210,653
250,000 1,771,521
200,000
644,717
400,000
932,292
300.000
262,589

Gross
Deposits.

Par.

Bid.

_________

PENNSYLVANIA— (C on clu d ed ).

Ask.

Per share
S
8,987,838 10(1 415 430
6,361,341 10(1 750 800
1,413,128
50 180 220
6,249,749 100 10)5
1060
166
2,423,957
3(1 140
3,038,581
50 185 200
30
1,485,938
26
6,725,091
5(1 575 600
150
2,724,534 50 140
Per share
J 300
4,574,594 100
1500
3,285,706 100
1 200
2,300,000 100
2,385,867 100 300
; 210
2,4)9,553 100
60
2,235,826 30 67
Per share
Z175
2,051,100 100
8 Qfi.3 99,1 100 *400
z 215
7,739)862 100
4,508,371 100 . . . . 1 205
11,843,988 100 250
1 130
1,923,580 100
9,606,160 100 ____1 325
6,123,422 100 _____ 1 337 H
Per share
150
50 130
1,832,357
25 72
77
2,894,271
25
182
3,341,163
1,090,862
50 90
9,006,458 100 415 420
4,706,363 100
4,834,246 100 375 375
10 13
1,286,023
3.488,252 100 180
k*er share
5,066,685 100 _____z 500
3,670,403 100 _____z 320
3,329,818 50 ____ 1 16214
z 47M
1,706,214 25
7,819,150 50 _____z 450
19624
1,133,276 100
60 ___ 1 631
9,935,109
60 ____ z 245)4
4,306,600
5,019,314 50 _____z 280
2,388,810 100 ____ z 220

Capital.
P hila.— (Con.)
Northeastern T & Tr
Nor Phila Trust C o ..
Northwestern Tr Co
Oak Lane Trust C o.
Parkway Trust C o.
Pelham Trust C o __
Penn Co for Insur on
Lives & Grant Ann
Penn W ’h ’g & S D Co

Gross
Surplus &
Deposits.
Profits.

Real Estate T T A Tr 2,000,000 4,152,993 12,282,758
750.060
650,819 4,987,902
33,916 1,779,472
145,400
255,158 2,677,613
150,000
150.666
550,726
17,955
217 019 1,780,509
305,340 2,202,636
150,000
2,507,724
284,531
125,000
1 .666 066 1,369 537 6,415,903
2 000 000 2,749,487 18,010,931
West Phila T & T Co
996,107 8,720,327
500,000

AmSt’eRk.VTrnfPitts
Bank of Pittsb, N A .

Ask.
share,
70
350
610
250
198
337

.........1 886
.... -.1 100
_____ j 763
_____z 110
1100 _____z 235
z 550
100
50 _____z
100 _____1 10(1
i>0 .........1 255
5U _____ 1
100 _____z
100 _____z 299
50 _____1 125
100 _____1
100 .........1 385 H
50 .........i 245

4,000,000 17,296,164 71,546,730 100
759,72i
50
1.000,000
471,606
2.000,06(1 9,073,336 15,986,187 100
|3,131,200 1.472,616 7,248,946 1100

Richmond Trust C o.
Roxborough Tr C o ..

P ittsbu rg h —

Par. Bid.

Per
$
$
$
2,178,617
50 _____Z
82,479
200,000
500,000 1,058,568 9,414,529 rtf) .........i
150,000 1,262,624 11,122,130 50 _____z
376,509 2,267,266 100 _____z
500,000
1,866,109 100 ......... i
178,730
250,000
305,706 2,421,326 100 ......... 1
150,000

100,000
76 OOO
200 000
100,000
3,000,000
125,666
566,666
150,000
500,000
666.666
600,000

267,000
88,258
87,733
307,724
5,243,332
237,010
665,512
875,815
1,580,999
1,531,731
2,248,255
2,450,774
1,020,406
1,060,108
5,293,177
1,236,104
224,934
284,625
7,182,910
330,790
1,103,610
242,448
165,505
619,588
1,283.125
293,319
8,301,221

Duquesne Nat Bank
500,000
Exchange Nat Bank
750,000
Farmers Deposit Nat 6.000,000
Farmers Deposit Sav
500,000
100,000
100,000
First National Bank. 6,000,000
Fourteenth St Bank.
200,000
200,000
200,000
Homewood Peop Bk
100,000
Iron & Glass Dol Sav
172,700
Keystone Nat Bank.
600,000
300,000
7.500,000
Metropolitan Sav’gs
200.000
(?87 135
1,000,000 2,466)655
200,000
595,483
100.000
Ohio Valley Bank__
216,216
370 449
200,000
100.000
245,585
100,000
47,384
2d Nat Bk of A ll’gh’y
300,000 1,276,278
500,000
475,649
2,000,000 5,667,735
1,000,000 2,102,576
Western S & D Bank
250,000
562,724
700,000
957,017
Bessemer Trust Co
250,000 6259,912
125,000
65,114
Colonial Trust Co
2,600.000 4,276,783
1,500,000 1,707,652
450,000
325,910
Dollar Sav & Tr C o .. 1,000,000 1,956,373
Dormont S & Tr C o.
125.000
83,353
250,000
430,090
1,320,000
728,500
Fidel Title & Tr Co
2,000,000 6,718,811
175,000
312,143
Hazlewood S & T Co
165,400
383,534
Hill Top S & T Co .
150,000
289,566
Manchester Savings
250,000
361,274
Bank & Trust C o.
Merch Sav & Tr C o.
125.000
97,522
200.000
91,219
300.000
436,751
Penn Trust Co
400,000
537,119
322 228
250.000
2,000,000 2,645,659
500,000
692,584
150,000
240,000
Real Est Sav & Tr Co
400,000
162,500
125,000
236,968
67,904
125,000
1,500,000 50,019,340
Union Trust Co . .
Washington Tr C o .. /J ,000.000 1,504,718
West End S B & T r ..
125,000
680,396
125,000
175,920
Workingman's Saves
Bank & Trust C o.
50,000 1,870,230

3,597,164
1,950,686
1,314,420
1,633,606
54,199,588
2,592,766
13,347,552
9,201,520
16,166,885
12,433,419
21,351,971
38,450,903
8,394,228
8,440,957
47,021.768
12,992,225
2,688,230
2,242,000
71,146,761
4,970,259
1,706,467
3,889,232
4,016,701
3,847,487
8,903,399
3,025,279
145,414,409

50
60
100
50 175
50
60 95
100 355
50
50
100
100 395
100
50
100
100
50
100
100
50
100
100
50
100
100
100
100

200

225
88
170
160
110
155

300
135
Philadelphia— De posits of N ational ban ks date Feb. 28 1 927
Per share
______
500,000
50
188
644,991 3,684,786
American Bk & T r . .
272
Bk o f No Amer & T r. 5,000,000 6,603,510 49,466,750 100 ____ Z 385
600,000
240
523,794 <77,742,910 50 ____ Z 331
Broad St Nat B an k..
1,500,000 5,572,715 36,147,000 100 ____ ? 681
125
2,700,000 8,833,491 70,879,000 100 ........ z 751
Drovers &Mer Nat Bk 1,000,000
327,647 6-3,041,616 100 ....... z 216
J 1001
275,000 1,713,365
2,474,111
50
6,858,000 100
72
1.950,000 4,989,606 57,865,000 100 ........ z 465
21,025,403 100 325
125.000
50
6,054,474 100 375
366,825 2,300,751
12714
2,245,961 100 200
Franklin 4th St N tBk 6.000.000 18,511,444 127,393,000 100 . . . . z 600
125.000
1,596,014 100 175
123,934 3,434,846
350.000
2,296,224
50
874,261 8,000,000 50 ____ z 211
200,000
1,381,340 50
929,918
8614
40,000
500,000 1,455,690 6-8,653,400 100
6,320,791 100
. . z 500
1,000,000 3,248,145 23,560,000 100 ____ z 500
3,801,305 100 110
500.000
22,912,945 100 400
781,624 13,621,423 100 ____ z 250
300.000 1,487,953 6-10,526.283 50 ........ z 425
33,226,911 100
500.000
3,480,963
50 107
309,701 64,179,573 100 ____ z 261
250,000 2,180,294 9,178,000 100 ____ z 1016
6,228,875 100 218
Nat Security Bank .
400.000
2,290,825
Northern Nat Bank.
757,480 8,535,000 100 ____ i 320
200.000 1,266,823 6,904,000 100 ____ z 751
1,962,748 io5
Northwestern Nat Bk
300,000
23,378,694
50
Overbrook Nat B k_.
193,837 63,600,446 100 ____ z 171
260
250,000
13,160,522 100
2255
447,542 7,015,665 50
300
50 ........ z 15314
500,000
1,550,947 100
522,080 6,097,072
1,000,000 3,761,635 15,973,000 100 ____ z 631
13,000.190 100 325
Penn National Bank
50
1,710,001
Peoples Bk & Tr C o. i l , 000,000
448,537 18,633,064 50 ____ Z200
8,000,000 20,337,022 184,693,000 100 ........ Z665
10,176,662 HID
500,000
381,517 100
879,789 5,755,000 100 ........ Z317
280.000 1,213,980 611,253,070 100 ____ Zi605
16,175,001 100 440
Second Nat Bank__
300.000
3,308,068 25
709,177 6,849,000 100 . ... J3O0
500.000 1,003,368 12,381,000 100 ____ Z380
Southwark Nat Bank
3,055,378 100 190
200.000
Southwestern Nat Bk
50
225,522 2,267,000 100 ___ Z217
2,903,901
500.000
Tenth Nat Bank____
748,236 7,441 .000 100 ___ Z346
400,000
3,502,385 50 83
Textile Nat Bank__
568,101
5,452.000 100 ____ Z302
1,545,544
50 70
Tradesmen's Nat B k. 1,000.000 3,138,675 20,273.000 100 ____ Z 505
1,000.000 1,518,735 19,012,000 100 . . . . 1 260
1,563,352 100
200,000
5,810,989 100
1,603,578 50 . .
111,736
Aldine Trust C o____ 1,000.000 1.085,615 4,038,244 100 ........ z 250
6,107,540 100
337,001
55,942
1,179,993
3,745,748 100 275
1,000,000
90
256,989 2,487,236
18,527,929 100 230
250,000
Belmont Trust C o__
300,994 3,408,467 50 ____ Z 122
7,696,427 100
500,000
Broad Street Trust .
1,463,917 100
328,604 2,273,227 50 ____ Z 79 M
4,746,622 100 100
Brotherhood Loc Eng
500,000
257,495
1,247,000
1,829,017 100
750,000 1,434,573 12,298,933 50
674.968 mo
z 19914
400,000
128,639,172 100 6450
Ohelten Trust C o __
345,554 4,663,785 100 ____ z 235
_____
125,000
8,534,386 100 215
Chestnut Hill T & Tr
48,428 1,202,548 ___
125,000
50 250
4,538,202
Cobb's Crk T & T Co
1,279,502 50 ____ z 75
51,245
1.000,000 1,275,288 13,463,650 50 _____z 240
1,626,386 50
500.000 1,001,587 6,670,145 100 ------- 1 331
Columbia Av Tr C o .
125,000
110,995 1,794,998
12,380,345 60 750
1000
Oom’lth T Ins & T r. 1,500,000 4,600,909 10,780,601 100 ____ z 56014
Cont-Eq T & T C o_. 1,000.000 2,246,860 17,026,776 50 _____z 26314
50
240,600
1,049,562
_____z 46
Empire Tit & Tr C o .
132,134
300,000
593,949 4,660,446 50 _____z 201
200,000
Federal Trust C o__
Farmers' Nat Bank.
413,177 5,865,947 100 ....... z 526
500.010 1,911,636 9,521,116 30 185
170
Fidelity Phila Tr Co 6,700.000 24,262,512 82,242,478 100 ....... z 699
National Union B k ..
200,000 1,046,143
2,822,320 25 170
175
Finance Co, 1st pref. 1,470,000 4,776,995
Penn Nat B a n k __
1,220,983 1100 _____z 317
862,444
5,934,266 100 390
300,000
400
1,630.000
1100 _____z 301
500,000 1,651,827 12,599,103 100 510
250.000
50 ___ z 232
Frankford Trust C o.
882,984 9,171,661
300.000 1,083,927 3,286,183 100 510 525
Second Nat Bank . .
10 39
Franklin Trust C o .. 1.500.000 2,937,865 32,742,838 100 ____ z 500
Berks Co Trust C o .. 1,000.000 1,341,582
6,812.964
40
Germantown Tr C o. 1,000,000 2,159,885 18,471,114 100 _____z 552)4 Colonial Trust C o__
10 22
600,000
4,802,346
371,277
23
200.000
50 _____1 310
Girard Av T & T C o.
459,562 4,090,361
Northeastern Tr C o.
299,510 2,756,955 ___
20
500,000
22
Girard Trust C o------ 3,000,000 11,743,935 59,271,637 100 . . . . . 2 1351
Pennsylvania Tr C o. 1.000.000 2,607,542 13,352.120 100 620 625
Guar Tr & S D C o... 1,000.000 1,277,051 13,416,548 100 _____z 310
Reading Trust C o ..
500,000 1,364,554 2,727.024 100 520 525
125,000
Haddington T & T Co
203,121 3,376,904 100 ____ z 17714
200,000
Hamilton Trust C o ..
337,919 4,357,851 100 ____ 1 205)4
125,000
Holmesburg Tr C o ..
173,227
1,949,064 50 _____z 8514
600.000 2,011,048 10,812,830 60 _____2 405
Indus’l Tr, T & Sav.
Per
S cra n ton —
750,000 4,070,508 17,466,835 50 ____z 556
50 284
Integrity Trust C o ..
Bosak State Bank__
500.000
754,101
5,603,766
200,000
Jefferson T & Tr C o.
76,155
1,582,006 50 ____ z 7114 County Nat’l B an k..
/500.000
729,920 7,133,894 100 600
Kensington Trust Co
600.000 1,405,533 12,993,515 50 _____2 355
50 170
Electric City Bank .
80,000
146,874 1.364,867
Lancaster Ave T & T
200,000
59,716
1,502,700 50 _____Z 90
First National Bank. 2,000,000 3,702,226 37,733,233 100 1025
Land Title & Tr Co
3,000,000 13,660,132 22,854,425 100 _____i 78514 Green Ridge B an k..
866 914 50 225
113,921
50,000
Liberty Title & Tr Co
700,000 1,117,437 8,002,137 50 _____z 300
Keystone Bank_____
1.447 622 50 162
125,000
216,665
Market St T & Tr Co 1,000,000 2,179,041 13,288,583 50 .........1 410
North Scranton B k.
200,000
284,676 3)090)522 50 250
Manayunk Trust Co
250,000
564,360 3,211,318 25 _____z 115
Providence Bank__
75,000
208,786
1,640 699 50 150
Metropolitan Tr C o .
500,000
227,209 3,482,815 50 ......... z 120
Peoples Sav & Dime
Mitten Men & M gt
Bank Tr C o ____
1,000.000 1,416,414 15,550,233 100 517
800,000
_____l 125
Bank & Trust C o.
246,968 10,187,957
339 553 A 094 207 50 225
200.000
Mutual Trust Co . . 1,000,000
779,369 9,410,257 50 .........z 159
400,000 1,399)866 10145* 685 100 545
Ninth Bank & Tr Co
750.000 2,057,265 16,516,541 100 _____z 525
500,000 1,172,822 9 652 381 100 715
Northern Cent Trust
50 _____z 116)4 Union Nat Bank____
400,000
183,317 3,767,761
500,000
378,845 3)683 769 100 245
Northern Trust Co__
500,000 3,406,984 13,698,769 100 _____1 830
120,000
341,577 2 975 Q15 50 197
Northeast-Tacony
50 234 238
Anthracite Tr C o__
500.000
493,119 4,660,452
Bank & Trust C o.
250.000
148,753
1,489,270 50 _____ z 94
Lincoln Trust C o___
500.000
276,31 2 3.525,751 100 232 2.35
* Sale price, a Phoenix Trust Co. merged on Jan. 31 1927 with Northern Central Tr. Co. b June 30 1926. c Absorbed by Peoples Bank & Tr. Co.
o f Erie, d Sept. 27 1926. e Sept. 19 1924. /C ap ita l increase, g Dec. 31 1931. i Merged with Colonial Trust Co. ofPhila. Feb. 14 1927. j Formerly
County Sayings Bank. 1 Last Sale, x Ex-dividend.




M ar .,

1927.]

TENNESSEE—(Concluded)

PENNSYLVANIA (Concluded).—
Capital.

Surplus
& Profits.

Gross
Deposits.

Par.

Bid.

Ask.

Wilkes-Barre—

Per
$
S
S
50 185
684,015 3,639,387
Dime Bk Tit & Tr Co
400.000
First National Bank.
375.000 1,201,945 7,545,313 100 325
Hanover Bk & Tr . .
366,466
1,696,843 50 140
250,000
60 225
1,642,522
Heights Deposit B k.
211,758
50,000
108,922
60 90
Liberty St Bk & T Co
1,354,818
150,000
50 210
Miners’ Bk o f W -B .. 2,000,000 4,821,304 19,421,577
352,022 2,431,276 100 295
Penn Bk & Tr Co ...
200,000
Second Nat Bank__ 1,000.000 2,999,306 11,151,711 100 475
1,726,273 50 120
160,877
So Side Bk & Tr C o .
125.000
1,775,741 t 25 50
Union Sav Bk & Tr
359,154
475,775
W-B Dep & Sav Bk
740,569 5,211,890 50 400
300.000
50 154
Wyoming Nat Bank.
985,711
5,393,989
500.000
Wyoming Val Tr C o .
350,000 1,458,445 5,862,897 50 250

Williamsport—

First National Bank.
300,000
250.000
Williamsport N B k ..
Lycoming Trust C o. 2,000,000
Susq Trust C o______
500.000

York—
Drov

Central Nat Bank_
& Mech N B k.
First National Bank.
Industrial Nat Bank.
Western Nat B an k..
York Co Nat Bank_
York Nat’l Bank__
Oitiz Savs & Tr O o_.
Guar Tr Co of York
York Trust C o_____

250,000
100,000
500,000
100,0 0
225.000
300.000
500.000
500,000
500,000
500,000

Per
530,076 4,281,921 100 275
351,132
1,210,345 100 240
550,000 13,875,000 100 205
720,530 3,991,611
50 120
257,363
346,785
578,995
173.698
390,115
903,534
573,907
249,958
596,150
753,240

RHODE ISLAND— National banks Dec. 31;
Newport—

Aquidneck Nat Exch
Newport Nat Bank.
Newport Trust C o_

Providence—

300.000
120.000
300,000

352,160
108,743
372,948

Citizens’ Nat B an k..
National Globe B k.
Woonsocket Trust Co

State institutions Dec.

Spartanburg—

100,000
100,000
75,000

66,222
101,360
221,618

Chattanooga S Bk &

Per share.
1,134,316 100 110
873,652 25 45
47
3,298,070 100

State institutions Dec. 31.
Per
150
271
225
120
140
200

share.
280
250
125
150
210

40,967
53,749
293,062
422,319
89,088
71,836

1,307,384
291,418
2,022.866
3,512,280
1,996,020
2,631,178

100 105
50

110
50

100
e
100 119

121

150.000
100,000
200.000
400.000
100,000
500,000
100,000
60,000

142,177
66,032
68,139
317.596
11,333
194,187
127,797
33,251

716,861
781,023
1,359,443
2,971,252
538,471
3,111.731
959,950
422,606

100
100
100
100
100
100
100
100

165
146
101
165
80
145
221
145

500,000

State institutions Nov.

673,010

3,920,914 100

160
140
95
160
75
140
215
140

22.
Per share

1,000.000
795,336 6,259,397 100
11250,000 1,344,053 19,703.043 100
1,500,000
928,199 15,852,693 100
250,000 W230.800 3,903,566 100

Knoxville—
600,000
City National Bank.
East Tenn Nat Bank 1,000,000
200,000
600,000
Holston Nat B an k..
500,000
Union Nat Bank____
Memphis—
Bank of Com & TrOo
Columbia Sav Bank.
First National Bank
Fidelity Bk & Tr C o.
Liberty S Bk & T r_
Man Sav Bk & T r__
Solvent 8 Bk & T r ..
State Savings Bank.
Union & Planters’
Bank & Trust C o.

405

225,000
25,000
200.000
200,000
50,000
250,000

TENNESSEE— National banks Dec, 31:
C hattanooga—

2111
93
165

Per share.
71

200.000
Atlantic Nat B an k..
140,000 3,346,182 100
200,000
Atlantic Sav B an k..
388,192 3,808,281 100
200,000
Carolina Sav B an k..
188,712 3,252,341 100
50,000
Miners & Merch B k.
416,402 100
37,507
People’s-First Nat Bk 1,000,000
550,221
8,496,949 100
So Carolina Nat B k. 1,100,000 1,053,168 23,924,516 100

American Nat B k __
Bank of Commerce _.
Carolina Nat Bank.
Central Nat B an k..
Dollar Sav Bank____
First National Bank.
Mer & Farm B an k..
Southern Trust Co__

share.
275
240
225
120

Per share.

Charleston—■

Greenville—

125
425
158
260

31.

6,526,588 50
607,824 60 91
3,278,043 100 160

SOUTH CAROLINA— National banks Dec. 31:

Amer Bk & Tr C o _
Farmers & Mer B k ..
First National Bank
Peoples Nat B k ___
Piedmont Sav & T r.
Woodside Nat Bk__

share
335
145
240
95

Per share.
1,990,518 100 180
2,081,040 100 250
6,032,259 100 220
1,150.172
2,702,632 100 180
20 64
3,003,003
25 55
3,474,176
3934
2,435,760 25 38
25 62
3,077,410
60 120
3,245,619

500,000
Blackstone Can N at.
861,601 4,071,878 25
200.000
Columbus Exch B k.
144,714 2,644,486 50
120,000
High Street Bank__
218,175 2,407,496 50 100
Mechanics’ Nat Bk.
500,000
376,661
6,565,365 50 60
Nat Bank of Comm.
850,000 1,285,468 8,929,294 50 104
450.000 1,262,218 3,123,844 50 27S
Phenix Nat B a n k _
Providence Nat Bk. 1,500,000 2,861,241 13,056,068 100 278
Industrial Trust C o. 4,000,000 9,309,108 138,793,276 100 390
125,000
Lincoln Trust C o__
150,380 1,228,189 25
Rhode I Hos Tr Co 3,000,000 6,775,829 97,464,832 1000 5000
Union Trust C o___ 1,000,000 1,006,752 22,612,413 100 178

Woonsocket—

63

BANKS AND TRUST COMPANIES

514,349 13,775,407
C737.844 8,321,819
167,446 4,163,680
760.786
6.417,646
136,819 6,160,393

3,000,000 2,535,995 29,908,991
100,000
65,324
750,324
1,000.000
963,512 18,857,386
1,000,000
129,161 5.250,966
300,000
228,026 4,322,585
150,000
234,556 4,327,628
100,000
al,531
711,521
60,000
73,982
1,399,209
2,500,000

100
100
100
100
100

Per share
300 325
240 250
225
165

175

Per share
100 372 375
100
1F.0
100 285 290
100 90
92
100 152
155
100
510
10
4
5
100 303

425,679 28,589,210 100 124

128

Capital.

Surplus
c% Profits.

Cross
Deposits.

Par.

Bid.

Nashville—

Per
S
S
S
American Nat Bank 1,500,000 1,448,899 19,411,634 100 355
American Trust____
500,000 71294,088 4,854,240 100 355
Broadway Nat Bank
300,000
316,339 4,396.240 100 290
Central Nat Bank .
300,000
101,978 2.298,395 100 170
Commerce-Union Bk
500,000
6,385,342 100 220
402,096
Fourth & 1st B&TCo
500,000 71306,227 7,493,013 100 350
Fourth & First N B_ 1,500,000 1,642,236 20,419,687 100 350
Tennessee Hermitage
National Bank . .
300,000
1,502.153 100 ICO
75,533
Liberty Bk & Tr C o.
100,000
30,439
656,082 100 127
350,000
Nashville Trust C o_
484,144 4,477,959 100 340

Ask
share
365
365
300
175
235
360
360
101
130
360

TEXAS— National banks, Dec. 31: State institutions, Dec. 31.
Austin—

American Nat Bank.
Austin Nat Bank__
Citizens State Bank.
Texas Bank & Trust.

Beaumont—

American Nat Bank.
City Nat’l Bank____
First National Bank.
Secur St Bk & Trust.
Texas National Bank
Dallas—
Am Exch Nat Bank.
City National Bank.
Mercantile Nat Bank
Mercantile Tr & 8 Bk
Dallas Nat Bank____
Republic Nat Bank.
Nat Bk of Comm’ce.
North Texas N B k ..
Dallas Tr & Sav Bk.
Republic Tr&Sav Bk

El

Per share
100 265
100 250
100
100 120 125

300,000
300,000
125,000
200,000

537,262
742,657
27,033
55,431

5,436,623
6,997,932
2,259,405
1,650,652

250,000
250,000
400,000
100,000
250,000

511,963
110,220
451.904
17,074
118,361

Per share
5,650,249 100 300
2,541,814 100 125
8,600,895 100 225
909,771 100 115
125
3,620,268 100
(110

Per
5.000.000 4,050,000 42,128,403 100 290
3,000.000 1,672,188 28,265.438 100 290
750,000
175.982 9,757,816 100 113
68.518 2,290.876 100 113
250,000
500.000
190,358 4.147.142 100 140
2,500.000 1,750,000 22,560,848 100 215
150,000
386,101
4,856,960 100 270
1,000,000
403,172 10,350,892 100 130
1,000,000
387,025 5,408,382 100 150
2,892,160 100 115
500,000
127,071
2,798
100,000
889,300 100

Paso—
First National Bank
1,000,000
State Nat Bank_____
300.000
Amer Tr & Sav Bk h 300,000

251,240
353,591
89,244

10,441,399 100 100
10,610,365 100 275
3,151,984 100

shar»
292
300
115
115
145
155
125

120

Fort W orth—
Per
Continental Nat Bk.
750,000
275,157 10,316,342 100 130
First National Bank. 1,000,000
900,000 20,975,421 100 250
Ft Worth State Bank
13,000
100,000
850,000 100
Ft Worth Nat Bank. 2.000,000 / l , 546,449 32,269,324 100 300
Stockyards Nat B k ..
200,000
130,000 3,179,683 100 250
Texas Nat’l Bank__
500.000
250,567
5,520,218 100 200

share

Galveston—
City National Bank.
First National Bank.
South Texas Nat B k.
U S National B an k..
H ou ston—
Citizens State Bank.
First National Bank.
Guaranty N at Bank.
Gulf State Bank .
Houston Nat B an k..
Seaport Nat Bank__
Second Nat Bank__
Nat Bank of Comm.
Public Nat Bank____
State Nat Bank_____
Union Nat Bank____
South Texas Comm'l
Nat Bank________
Guardian Trust Co
Houston Land & Tr
Marine Bank & Trust
San Jacinto Trust___

300
325
300
210

200,000
200,000
750,000
1,000,000

252,491
261,051
282,151
164,021

7,644,730
3,786,580
6,043,297
11,183,347

Per
100 175
100 195
100
100 100

share
185
205
!/----110

100,000
2,500,000
200,000
100,000
800,000
250,000
1,000,000
500,000
300,000
500,000
1,000,000

6,971
943,335
152,417
19,696
507,315
12,378
915,000
756,595
60,601
127,128
1,013,434

639,376
35,882,465
2,019,413
1.347,260
12,864,394
918,345
16,421,410
10,609,418
3,290,580
5,865,229
16,577,467

No
100
100
100
100
100
100
100
100
100
100
100

prices
100

minal
95
300
175
90
200
90
255
270
122
170
250

1.500.000 1,000,000 25,993,560 100 270
300,000
513,654 3,711,900 100 390
1,000,000
491,490 4,514,772 100 150
300,000
106,298 2,074,163 100 115
300,000
232,624 3.197,472 100 160

San A n ton io—
Alamo Nat Bank___ 1,000,000
City National Bank. 1,000,000
Commercial Nat Bk.
200,000
Frost National Bank 1,000,000
Groos Nat Bank
250.000
Guar Bond State Bk.
200.000
Lockwood Nat Bank
200,000
Nat Bk of Oomm’ce
600,000
Sam Houston State
Bank & Trust____
100,000
San Antonio Nat Bk.
500,000
Central Trust C o__
200,000
Com'wealth B & TCo
300,000
Texas State Bk & T r.
300,000
W aco—
Citizens’ Nat Bank .
250,000
First National Bank 1,000,000
First State B & T Co
200.000
Liberty Nat Bank__
300,000
National City Bank.
100,000
Provident Nat Bank.
300,000

391,863
8,947,427
299,292
9,977,617
36,988
3,349,352
648,900 11,762,244
162,797
1,909,703
199,313
5,095,294
390,655 2,543,380
333,795
5,670,653
25,000
182,588
51,594
142,527
44,656
217.774
339,752
81.471
166,945
C37.642
1166,682

300
405
120
170

Per share

100
100
100
100
100
100
100
100

444,847 100
2,076,425 100
3,498,050 100
2,984,255 100
2,859,478 100 —
3,291,597 100
7.647,909 100
905,525 100
3,038,670 100
537,193 100
1,890,591 100

190
100
215
95
200
300
128
190
275

Per
200
205
100
200
90
130

—
<hart
112
105
>05
100
150

UTAH— National banks Dec. 31; State institutions Dec. 31.
Ogden—
Commercial Sec Bk _
Nat Bank of Comm.
First Sav Bank .
Ogden State B an k..
First Nat B a n k ___

Lake

%
200,000
250,000
250,000
100,000
500,000

Salt
City—
Continental Nat Bk600,000
Deseret Nat Bank__
500,000
Deseret Sav Bank__
500,000
National Copper Bk.
500,000
Utah State Nat Bank
500,000
Utah Sav & Tr C o ..
300,000
Walker Bros, B ’kers. 1,000,000
Zion Sav Bk & Tr Co 1,000,000

143,599
66,797
170,108
314,435
113,506

2,364,710
2,739,980
3,707,419
7,810,492
5,925,522

Per share,
100 150
160
100 100
110
100 260
100
100 152

Per
227,412 13,452,218 100 125
612,083
6,055,825 100 270
252,731
6,505,353 100 195
110,250 6,723,281 100 120
442,533
8,563,326 100 240
194,613
1.950.089 100 155
621,437 23,612,185 100 180
733,808 11,078,505 100 320

share.
140
275
200
140
260
170
190
340

* Sale price, a A pril 12 1926. b Sept. 28 1925. c June 30 1926. d Sept. 27 1926. e Sold with First N ational B ank. /F a rm e rs & M echanics’
N at. B k. consolidated on F eb. 2 1927 with F t. W orth N a t. B k . g Sept. 8 1926. h C losed Jan. 27 1927. i C onsolidated with First N ational Bank.
(Last sale, n D ec. 31 1926. (N e w stock , x E x-d ivid end . y C losely held.




64

WEST V IR G IN IA — National banks Dec. 31; State Institutions Dec. 31.

VERMONT— National banks Dec. 31; State Institutions Jan. 1.
Capital.
Barre—

$
75,000
100.000
100.000

Surplus
& Profits.
$
96,946
223,030
54,870

Gross
Deposits.

Par.

Bid.
Per

$
2,8^6,576 100
4,490,569 100
1,844,496 100

Ask.
share

B u rlin gton —
Chittenden Co Trust
Howard Nat Bank
Merchants Nat Bank
Burlington Trust C o.

200,000
500,000
150,000
250.000

267,777
328,799
222,150
580.126

4,370,719 180
4,025,669 100
40
696,780
6.053,503 100

Per share.
150
135
65
—
150

M ontpelier—
Capital S B & Tr Co
First National Bank
Montpelier Nat Bank
M ontp’r S B & Tr Co

100,000
150,000
150.000
100,000

162,935
74,695
160,962
219,725

3,018,057
2,680,834
1,978.775
4,540,489

100
101)
100
100

Per share.
165
125
125
135
350

100,000
100r000
100,000
100.000
50,000

106,415
230.310
154 935
153,284
310.941

549,275
2 889 226
358,835
1,891,647
2,170,554

100
100
100
100
100

R u tlan d —

Rutland Trust C o__

Per share.

V IR G IN IA — National banks Dec. 31; State institutions Dec. 31.
L y n ch bu rg —
First National Bank. 1,000,000 1,134,471
Lynchburg Nat Bank 1,000,000
870,639
Pk?ple’s Nat B an k..
500,000
605,440
10.109
Com'l Tr & Sav Bank
150,000
Mutual Sav Bk & Tr
200,000
5,220
Lynchburg Tr & S B .
300,000
397,897

6,161,016
3,918,145
3,351.055
952,614
569.106
2,976,081

Per share.
100 ______ 255
212
100
100
23714
27
ion
100
100 400 425

Per
N orfolk—
5,938,862 100 232
Citizens B a n k .. — 1,000,000
770,289
35,000
Mer & Mec Sav B k. .
319,705 2,819,652 100 1750
Merch & Planters Bk
50,000
1,730,347 100 875
394,256
Norfolk Nat Bank of
e2,500,000 r3,408,804 34.078,564 100 n290
Com & Tr Co
Seaboard Nat Bank
1,000,000
761,806 8,845,543 100 200
Virginia Nat B a n k ..
500,000
258,080 2,747,149 100 175

share.
235
2250
950
300
205
180

Virginia Nat B an k ..

750,000
400 000
1,000,000

304,131
15Q 677
226,338

Per share.
115
4,517,005 100 100
3 134,11 1 100
4,898,790 100 125

P ortsm outh—
American Nat Bank.
Bank o f Tidewater..
Citizens Trust C o---First National Bank.
Merch & Farmers Bk

500,000
250,000
250,000
300,000
500,000

130,255
122,373
51,042
196,598
245,484

3,347,481
1,060.755
553,090
1,592.577
2,912,777

P etersburg—
Petersburg Sav & T r.

R ichm ond —
American Nat Bank.
Bank o f Comm & T r.
Broadway Nat Bank
Central Nat Bank—
First & Mer Nat B k.
Mech & Mer B an k ..
State-Planters Bank
& Trust C o . .
Sav Bank o f Richm’d
Un Bk & Fed Tr C o .
West End B a n k __
Richmond Trust C o .
Virginia Trust C o—
R oan oke—
American Nat Bank.
Colonial Nat B an k ..
State & City B an k ..
First Nat Exch Bank
Mountain Trust B k.

100
100
100
100
100

120
140
115
190
175

Per
2,000,000 1,520.416 16,813,371 100 200
500.000
709,981 4,457,320 100 239
300,000
80.516 2,028,960 100 118
1,000,000
883,270 8,629,733 100 250
3.000.000 3,420.892 44,893,709 100 262
200,000
1,805,027 100 235
204,955
2,500,000 2,681.174 35,733,807
1,656,869
200,000
439,875
778,468 3,635.405
750,000
1.534,182
100,000
187.249
1,000,000
198,979 3,524,481
5.211,108
1,000,000 1,657,913

25 53
25 100
25 43
25
100 85
100 550

300,000
216,000 2,100,000 100
600,000
319,603 3,279.659 100
200,000
22,403
930,816 100
1,000,000 d l,253,667 20,040.821 100
760.000
270.686 1,885,432 100

205
200
101
500
130

125
160
120
200
200
share.
210
245
125
265
266
5414
105
45
80
93
575

Per
Seattle—
Amer Exchange Bank
600,000
2,085 ,579 100
62,271
1,012 562 100
Bank for Savings____
400.000
42,161
905 020
250.000
Brotherhood Bk & Tr
41,410
5,802 169 100
Canadian Bk o f Com
200.000
Dexter-Horton N ’Bk 2,200,000 1,509,928 36,531 302 100 270
950,194 15,317 082 100 430
First National Bank.
500.000
1,911 657 100
Japanese Conal Bank
117,887
100.000
46,498
1,032 698
200,000
Marine Central Bank
M a r in e N a t B a n k ___
144.086 5,201 143 100 210
300.000
Metropolitan Nat Bk
432,098 9,450 133 100 290
500.000
Nat Bk of Commerce 1,000,000 1,083,693 22,639 407 100 357
314,192 5,181 397 100 180
500.000
Nat City Bk o f Seatt
149.776 6,362 329 100
250.000
People’s Sav B an k ..
Seattle Nat Bank__ 1,000,000 1,175,058 25,257 758 100 315
1,136 953
40,544
200.000
SumitomoB ofSeattle
120,093 2,521 535 100
200,000
University Nat Bank
100,000
200.000
,000,000
500.000
,500,000
25,000
,000,000
200.000

86,645 2,478,
65,919 2,823,
308,074 10,504,
124,292 4,432,
643,010 19,252,
1,147,
77,508
306,537 10,249,
1,812,
164,737

W heeling—
Centre Wheeling Sav
Citizens’-M utual

$
100,000

Gross
Deposits.

Par.

WISCONSIN—National banks Dec. 31; State institutions
La Crosse—
Batavian Nat Bank
432,902 4,438,290
400,000
Exchange State Bank
50,000
897,349
46,460
Nat Bk of La Crosse,
500,000
500,418 5,580,527
Security Savs Bank
60,000
28,731
1,228,404
State Bk of La Crosse
100.000
120,573 2.165,048
M ilwaukee—
American Nat Bank. 1,000,000
Badger State B an k..
200,000
Bay View Com & S B
100,000
Central State Bank . .
100.000
300,000
East Side Bank
150,000
First Wisconsin N Bk 6,000,000
200,000
100,000
100,000
50,000
50,000
Liberty State B an k ..
100,000
Lincoln State B an k ..
100,000
Marine Nat Bank .
1,000,000
Marshal] & Ilsley Bk 1,250,000
Merch & Farm State
200.000
Merch & Manuf Bk
400.000
Milw Comm’l Bank
100,000
200.000
Nat Bk of Commerce 1,000,000
Nat Exchange Bank.
500,000
North Ave State B k.
200,000
Northwestern Nat Bk
200,000
Park Savings B an k ..
200.000
i nnn ooo
Security Bk of Milw
100,000
Teutonia A veStateBk
100,000
Vliet St State Bank _
200,000
400,000
Wisconsin State Bk
100.000
North Avenue State.
200,000
First Wise Trust C o. 1,000,000

Bid.

Ask.

Per share.
100 250

$
1,928,506

$
102,964

600,000
6,018,811 100
420,000
Half Dollar Sav Bank
251,644 2,391,371 100
100,000
Nat Bank of W V a ..
580,022 4,843,928 100
500,000
Nat Exchange Bank.
500,000
612,748 5.232,830 100
Cent Union Tr Co
500,000
269,398 2,031,505 100
So Side Bk & Tr Co
1,599.682 100
100,000
206.629
Dollar Sav & Tr C o. 1,165,100 2,651,803 11,963,260 100
Security Trust Co .
410.304 3,377,268 100
300,000
Wheeling Bank &
Trust C o________
710,502 7,424,337 100
500,000

180
265
165
230
110
250
320
250

120
325

275

Dec. 31.
Per share.
100 220
100 150
10(1 225
100 150
100 210

Per share.
__
11,648.043 100 120
7,056,937 100 150
2,330,947 100 175
1,377,425 100 140
2,719.606 100 124
1,809,782 100 121
92.588,975 100 222
650,296 100
2,110,488 100
1,218 553 100 120
1,’581,829
1,137,628
1,204,965 100 120
1.328.908 100 130
13,033,891 100 268
26,351,408 100 222
3,201.247 100 113
2,924,261 100 157
1,999,525 100 130
3,478,655 100
8,999,905 100 148
8,608,187 100 210
3,542,345 100 170
1,146,452 100 160
3,072,986 100 162
36 950 041 100
1.539,178 100 135
2.575,250 100 325
1,381.739 mo 126
3,777,166 100 175
3,911,095 100 350
3,463,280 100 170
3,624,370 100

403,144
283,920
60,461
23,899
69,930
85.775
4,995.444
50 000
44 056
32,770
89,960
41,626
51,473
40,992
902,244
1.701.159
163.894
334,244
61,079
196 366
479,300
906,075
116,361
69,056
167.947
3,071 275
77.556
212,150
87,600
593,566
425,515
6123,439
1.213,410

WYOMING— National banks Dec. 31.
Cheyenne—
American Nat Bank.
Stock Growers N B k.

250,000
400,000

242,603
130,170

2,876,617
4,609,723

100
100

Per share.

CANADA.

135

Capital
Paid in.

Reserve
Fund.

Deposits.

Par.

Prices are per cent, not per shar e.
$
Halifax—
8
Bank of Nova Scotia 10,000,000 19,500,000 189,706,790 100
share.

275
215

Bid.

Ask.

per cent.
300

ONTARIO.
T o ro n to —
Bank of Toronto___
Can Bank o f Comm .
Dominion Bank____
Imperial Bank of Can
Standard B an k ..

5,000,000
20,000,000
6,000,000
7,000,000
4.823,400

7,000,000
20,000,000
7,000,000
7,500,000
2.900,000

89,712,372
396,586,043
99,707,300
97,166,16)
73,309,832

100
100
100
100
50

Per
230
241
229
221
203

cent.
232
242 A
230
222
205

651,468,815
107,184,709
37,331,568
580.783,250

100
100
100
100

Per
288'A
164
259A
V257

cent.

360
185
QUEBEC.

325

Per share.
100 185
100
122
100 117
100 100 102
100 135
150
100
102
100 98
100

M ontreal—
Bank of Montreal__
Banque Canadienne.
Provincial Bk o f Can
Royal Bk o f Canada.

29,916,700
5.500,000
4,000,000
24,400,000

29,916,700
5,500,000
1,500,000
24,400,000

165
26014
258

SASKATCHEW AN.
W eyburn—
Weyburn Secur Bank

T acom a—
180
Nat Bank o f Tacoma 1,000.000
419,626 15,208,837 100 175
Puget Sound Nat Bk
300.000
108,027 3,106,815 100 110 130
* Sale price, a N ov. 8 1926. 6 June 30 1926. c Oct. 28 1926. d June 30 1926.
statement, x Ex-dividend, v Ex-rights.




Surplus &
Profits.

Capital.

Returns are all of date Dec. 31. 1926.
NOVA SCOTIA.

W ASHINGTON— National banks Dec. 31; State Institutions Dec. 31.

Spokane—
American Bank_____
Brotherhood Nat Bk
Exchange Nat Bank.
Fidelity Nat B a n k ..
OldNatBk&UnTrCo
Security State Bank.
Spok & East Tr C o._
Washington Trust Co

[V ol. 124,

BANKS AND TRUST COMPANIES

524,560

e New Capital.

225,000
I Last sale,

4,867.858 100
n Nominal,

r Consolidated

J. G. W h it e & C o m p a n y
IN C O R P O R A T E D

37 W ALL STREET

-

-

-

-

NEW YORK

Distributors of municipal, railroad, industrial
and public utility investments. Current lists of
recommended offerings submitted upon request

Bonds for Investment
We own end offer e comprehensive list of carefully seleotsi
Government, Municipal, Railroad and Publlo Utility
Bonds whioh we reoommend for investment. We shall he
pleased to send descriptive circulars to investors ca
request.

H a r r is , Fo r b e s & C o
P in a S t r e e t , C o r n e r W i l l i a m
NEW

YORK

Half the Cost
of a Waterworks is Pipe
O n th e average, a b o u t h a lf o f th e co st o f a w aterw orks is in th e distributing
system— th e pipe lin e s w h ich traverse th e to w n . In a d d itio n to th is is th e
su p p ly lin e , w h ich varies accord in g to th e lo c a tio n o f th e w ater sources.
W h e n b o n d s are issued for su ch im p rovem en ts, th e fir st q u e stio n th e in ­
v e stm en t b an k er a sks, sh o u ld b e, “ are th e y permanent im p ro v em e n ts?”
C a s t Iron Pipe is permanent— th a t is to sa y, n o C a st Iron Pipe h as ever
worn o u t . Its th in film o f ru st is a protection a n d d oes n o t p e n e tr a te .
W h e n its c a p a city is o u tg r o w n , it m ay be relaid in o u tly in g p arts o f th e
system .

Write us for a copy of “Pipe and the Public Welfare” (25c. postpaid)
or for “Planning a Waterworks System” (sent free).
T H E C A S T I R O N P IP E P U B L I C I T Y B U R E A U , 5 66 P e o p le s G a s B l d g ., C h ic a g o

C A S T IR O N P IP E



J. P. MORGAN & CO.
WALL STREET, CORNER OF BROAD
N ew Y o r k

DREXEL & CO., PHILADELPHIA
FIFTH A N D C H ESTN U T STREETS

MORGAN GRENFELL & CO., LONDON
23 G R E A T W INCH ESTER STREET

MORGAN & CO., PARIS
14 P L A C E VEN D O M E

Securities Bought and Sold on Commission
Foreign Exchange, Commercial Credits
Cable Transfers
Circular Letters for Travelers, available in all parts
of the world