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