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1 g Paterson, First National Bank Quick to serve Statement at Close of Business April 12 1926. ASSETS— Time Loans__________...________ ...$5,006,925.60 U S and Other Bonds_____________ 2.692,357.00 you at all times ----------------- $7,699,282.60 Cash and Balances In Banks_______ $1,958,618.09 Due from II S. Treasurer___________ 14,550.00 Demand Loans_______ 1,060,317.00 Banking House--------------------------------349,072.00 Safe Deposit Vaults____ _____ _ ____ _____ Customers Liabilities Account of Acceptances. _ 3,382,557.09 30,350.00 96,000.00 $11,208,189.69 LIABILITIES— Capital Stock_______________________ Corn Exchange Surplus fund_________________________ Undivided ProMts..___________________ Deposits--------------------------------------------- Circulation............. ....... National Bank — -------------- Acceptances Executed for Customers. $600,000.00 600,000.00 200.026.46 9,421,165.73 290,997.50 96,000.00 $1 .208,189.69 OFFICERS. WHITFIELD W. SMITH, President. ROBERT J. NELDEN, Vlce-Pres. FREDK D. BOGERT, Cashier. JOHN B. BROWN. Asst. Cashier. WILFRED E. RILEY, Asst.Cashier. JOHN T. DEIGHTON, Asst.Oash Philadelphia PROMPT ATTENTION GIVEN TO COLLECTIONS THE HANOVER NATIONAL BANK OF THE CITY OF NEW YORK ESTABLISHED 1851 CAPITAL, $5,000,000 SURPLUS & PROFITS, $25,500,000 ACTS AS TRUSTEE, EXECUTOR, ETC. INQUIRIES INVITED REGARDING SERVICE IN EVERY FIDUCIARY CAPACITY THE SAFE DEPOSIT & TRUST CO. Merchants National Bank OF BALTIMORE PROVIDENCE R. I. Chartered 1864 Organized 1867 Capital $1,200,000 Surplus & Profits Over $4,000,000 Established 1818 Statement at Close of Business April 12 1926. RESOURCES— Loans and Discounts..__ ...__ ...___ _____ $6,932,014.23 U, S. Bonds............................................................. 1.399,312.00 Other Bonds and Securities_______________________ 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 HELD ON DEPOSIT FOR OUT-OF-TOWN CORPORATIONS AND PERSONS. DIRECTORS H. WALTERS, Chairman of Board JOHN J. NELLIGAN, President NORMAN JAMES JOHN W. MARSHALL, Vice-Pres. 8AMUEL M. SHOEMAKER BLANCHARD RANDALL. ELISHA H. PERKINS. WALDO NEWCOMER, ROBERT GARRETT. GEORGE O. JENKINS, HOWARD BRUCE, MORRIS WHITRIDGE ANDREW P. SPAMER, 2d V.-Pres. H. H. M. LEE, 3d Vice-President JOSEPH B. KIRBY. 4th Vice-Pres. GEO. B. GAMMIE, Treasurer C. R. TUCKER. Asst. Treasurer JOHN W. BOSLEY, Asst. Treas 3,271,676.77 Banking House and Vaults_______________ 158,956.02 Due from Banks and Exchanges...._________ 605,553.74 Due from U. S. Treasurer_________________ 50,000.00 Cash and due from Federal Reserve Bank_____ ___ 666,476.01 $13,083,988.77 LIABILITIES— Capital................................................................................ $1,000,000.00 Surplus____________________ ............. 1,000,000.00 Undivided Profits_________________ __ .... 707,627-72 Reserved for Taxes and Interest_____ ...------- 37,000.00 Reserved for Depreciation of Securities_____ _ 118,000.00 Reserved for Depreciation of Building and Vaults 73,108.24 National Bank Notes Outstanding.--- - ---------971,300.00 Deposits _____________________________ 9,071,594.87 Discount Unearned_____________________ 105,357.94 $13,083,988.77 ROBERT W. TAFT, Chairman of Board MOSES J. BARBER. President CHARLES H NEWELL, Vice-President FRANK A. GREENE. Cashier WILLARD I. ANGELL, Assistant Cashier GEORGE A. FREEMAN, Assistant Cashier HENRY H. EDDY. Assistant Cashier Collections on points in this State made direct and remitted for promptly at low rates. 2 Tradesmens National Bank Philadelphia, Pa. Report of Condition at the Close of Business April 12 1926. RESOURCES— Loans and Investments------------------------ -------- - $19,904,478.43 Customers’ Liability under Letters of Credit and 4,928,545.40 Acceptances_________________________ Due from Banks________________________ 3,200.250.96 424,296.33 Exchanges for Clearing House_____________ Cash and Reserve------------------------------------------- 1,986,753.64 29,489.33 Accrued Interest------------------------------------------- fn Detroit $30,470,811.09 LIABILITIES— Capital -____ $1,000,000.00 Surplus, Undivided Profits and Reserves----------- 3,176,657.87 Unearned Discount_____________________ 100,180.85 Circulation____________________________ 500,000.00 Letters of Credit and Acceptances___ -______ 4,967,800.39 Bills Payable—Federal Reserve Bank--------------------- 1,150,000.00 Acceptances of Other Banks Sold___________ 328,216.89 Deposits. .....____ ...___________________ 19.247,955.09 $30,470,811.09 The name of this institution has been closely associated with financial and industrial Detroit for over half a century. Our intimate knowledge and complete banking facilities are always at your service. OFFICERS Resources over $150,000,000 HOWARD A. LOEB. President H. D. McCarthy, Vice-President E. WILLIAMS. Vice-President & Cashier S. E. GUGGENHEIM, Vice-President HOWARD E. DEILY, Assistant Cashier J. M. FRIZZELL, Assistant Cashier CLYDE F. BROWN. Assistant Cashier rHE PEOPLES STATE BANK MEMBER FEDERAL RESERVE BANK Detroit, Michigan ORGANIZED 1803 The Philadelphia-Girard National Bank PHILADELPHIA, PA. STATEMENT AT CLOSE OF BUSINESS APRIL 12. 1926. RESOURCES LIABILITIES U. S. Bonds & Certificates of Indebtedness. $7,689,628.12 Loans, Discounts and Investments---------- 156,969,040.22 Accrued Interest Receivable------------------362,247.63 Customers’ Liability under Letters of Credit and Acceptances------------------------------ 16,178,657.64 Due from Banks^-------------------------------- 31,285,790.20 Exchanges for Clearing House---------------- 20,168,551.22 Cash and Reserve_____________________ 14,069,735.72 Total______________________________ $246,723,650.75 Capital Stock________________________ $8,000,000.00 Surplus and Net Profits________________ 19,683,354.44 Unearned Discount____________________ 767,829.09 Reserved for Taxes and Interest_________ 598,910.11 Circulation___________________________ 1,071,497.50 Letters of Credit and Acceptances________ 16,634,109.48 Domestic and Foreign Acceptances Sold___ 2,905,227.30 Customers’ Foreign Balances___________ 154,689.16 Deposits____________________________ 196,908,033.67 Total______________________________ $246,723,650.75 OFFICERS JOSEPH WAYNE. JR.. President CHARLES P. BLINN, JR., Vice-President O. HOWARD WOLFE, Cashier EVAN RANDOLPH, Vice-President DAVID W. STEWART, Assistant Cashier HOWARD W. LEWIS, Vice-President FRANK P. STEPHENS, Assistant Cashier CHARLES M. ASHTON, Asst. Vice-President DAVID J. MYERS, Assistant Cashier Accounts of Banks, Bankers, Corporations, Firms and Individuals Received CORRESPONDENCE SOLICITED J. G. White & Company INCORPORATED 37 WALL STREET .... NEW YORK Distributors of municipal, railroad, industrial and public utility investments. Current lists of recommended offerings submitted upon request. 3 Merchants National Bank WORCESTER. MASS. Statement at Close of Business April 12 1926. Loans and Discounts___________________ $17,861,209.61 United States Government Securities________ 2,059,470.10 Bonds and Securities_________________•----- 5,634,998.08 Banking House and Vaults________________ 906,485.42 Other Real Estate Owned______ 165,000.00 Cash on Hand, in Banks and Due from United States Treasurer_____________________ 3,448,287.36 LIABILITIES— Capital___ ....________________________ $1,500,000.00 Surplus and Undivided Profits_____________ 699,747.25 Reserves, j____________________________ 300,067.36 Circulating Notes Outstanding_____________ 1,429,400.00 Rediscounts and Foreign Bills of Exchange or Drafts Sold______________ _____ -........ 552,227.62 Deposits_____ ________________________ 25,594,008.34 $30,075,450.57 The Largest National Bank in Massachusetts, Outside of Boston. WALTER TUFTS. President O. S. PUTNAM, Cashier C. A. Evans, Vice-President H. T. TILLSON, Asst. Cashier A. R. BRIGHAM, Vice-President J. A. FITZGERALD, Asst. Cashier W. j. CONLON, Vice-President R. W. DAVIS, Asst. Cashier H. S. BOWKKR, Vice-President N. B. POTTER, Asst. Cashier JOHN J. FLYNN, Vice-President H. R. McINTOSH, Assistant to President C. R. LANDRY, Credit Manager SIXTY EIGHT YEARS BANKING EXPERIENCE This bank has a force of 400 trained to the exacting needs of banking. With 68 years’ experience, the National Bank of Commerce in St. Louis has a strength that is not indicated in its Capital, Surplus and Profits of more than $14,000,000. To-day we operate eight distinct and complete departments under the protection of national banking laws, combining in one building, and under one management. Commercial, Bond, Trust, Savings, Loans, Foreign Exchange, Safety Deposit, and Credit Departments. Those seeking accurate, rapid, satisfactory and interested service can get it here. National BankgcCommerce with which i> affiliated W lit 9t*l<OUlS Federal Commerce Trust Company Collections on all New England Received on Favorable Terms. Franklin-Fourth Street National Bank CHESTNUT STREET WEST OF BROAD, PHILADELPHIA STATEMENT AT CLOSE OF BUSINESS APRIL 12. 1926 RESOURCES LIABILITIES Loans and Investments_______________ $98,555,538.98 United States Bonds and Certificates____ 16,322,897.53 Customers’ Liability under Letters of Credit and Acceptances_______ u____________ 1,692,810.68 Interest Earned Uncollected------------------439,606.50 Due from Banks______________________ 27,491,790.06 Cash and Reserve_____________________ 10,392,166.15 Exchanges for Clearing House___________ 4,610,793.85 Capital--------------------------------------------- $6,000,000.00 Surplus--------------------------------------------- 15,000,000.00 Undivided Profits_____________________ 3,352,153.52 Reserved for Taxes, etc________________ 208,638.03 Discount and Interest Unearned_________ 197,519.89 Letters of Credit issued to Customers and Acceptances________________________ 2,501,310.54 Acceptances of Other Banks sold_________ 317,097.37 Deposits____________________________ 131,028,884.40 $159,505,603.75 $15y,505,603.75 E. T. SHANBACKER, President W. K. HARDT, Vice-President W. R. HUMPHREYS, Vice-President G. E. STAUFFER, Vice-President J. A. HARRIS, JR., Vice-President J. WM. HARDT, Vice-President R. J. CLARK, Cashier DIRECTORS W. W. ATTERBURY JOHN HAMPTON BARNES EDWARD F. BEALE HARRY A. BERWIND SAMUEL T. BODINE ISAAC H. CLOTHIER, JR. MORRIS L. CLOTHIER JAY COOKE CHARLES A. DANIEL WILLIAM DE KRAFFT WILLIAM AGNEW T. DICE WILLIAM A. DICK GEORGE DALLAS DIXON IRENEE DU PONT EDGAR C. FELTON . KINGSLEY GEO. H. FRAZIER FRANCIS I. GO WEN J. ANDREWS HARRIS, JR. ROBERT P. HOOPER SYDNEY E. HUTCHINSON TRAVELERS’ LETTERS OF CREDIT ISSUED FOREIGN E {CHANGE IN ALL ITS BRANCHES Invites the Accounts of Banks, Bankers, Corporations, Mercantile Firms and Individuals THE Report of Condition of Citizens National Bank The Anglo & London Paris National Bank OF LOS ANGELES, CAL. At the Close of Business April 12 1926. Statement at Close of Business April 12 1926. RESOURCES__ Loans and Discounts------------------------------$28,529,866.13 156,000.00 Stock in Commercial Fireproof Buiding Co.— Bank Building------------------------------------255,000.00 Other Real Estate Owned----------------------41,747.79 Furniture and Fixtures--------------------------225,000.00 Customers’ Liability on Letters of Credit605,737.98 Customers’ Liability on Account of Acceptances 692,645.58 Customers’ Liability Account Foreign Exchange Commitments--------------------------------------32,715.25 Five Per Cent Fund--------------------------------37,500.00 Other Assets.-------------------- ------------ -...................... 24,313,689,03 $54,889,901.76 Federal Reserve Bank Stock------------------------------- LIABILITIES— Capital Stock---------------------- --------- -.............. ..........$4,000,000.00 Surplus and Undivided Profits------------------------- 2,249,588.27 Reserved for Taxes, Interest, etc---------------------106,329.83 Discount Collected—Unearned-------------------------139,149.55 Circulation------------------------------------------------------737,000.00 Letters of Credit------------------------------- -.................. 626,757.98 Acceptances-----------------------------------------------------692,645.58 Commitments to Purchase & Sell Foreign Exchange 32,715.25 Deposits..................... ........................ .............................. - 46,305,715.30 $54,889,901.76 C. A. RUDE, Vice-President J. DABNEY DAY, President E. T. PETTIGREW, Vice-President H. C. VOGELSANG, Asst. V.-Pres. SAM S. PARSONS, Asst. Vice-Pres. J. M. RUGG, Vice-President GEO. w. WALKER, Vice-President F. R. ALVORD, Cashier GEO. E. F. DUFFET, Asst. Cashier J. ROSS CLARK, Vice-President F. E. PRIOR, Asst. Cashier H. D. IVEY, Vice-President C. C. WHITE, Asst. Cashier L. O. IVEY, Vice-President FRANK C. MORTIMER, V.-Pres. C. E. CASE, Asst. Cashier E. P. CHEVERTON, Asst. Cashier JOHN BURBAW, Vice-President C. SUMNER JONES, Vlce-Pres. C. D. HUDSON, Asst. Cashier VAL J. GRUND, Vice-President and Comptroller OF SAN FRANCISCO RESOURCES— Due from Federal Reserve Bank, Cash and Sight Exchange_________ $22,179,390.49 U. S. Bonds and Treasury Certificates___________ 12.943,279.68 Bonds and Securities___________________________ 8,241,016.71 Stock In Federal Reserve Bank__________________ 240,000.00 Banking House, Vaults and Fixtures______________ 2,226,282.26 Due from U. S. Treasurer, 5% Redemption Fund.. 205,000.00 Customers* Liability a|c Acceptances_____________ 5,986,839.93 Loans and Discounts___________________________ 71,247,705.45 Interest Accrued—and other Assets______________ 1,164,332.66 $124,433,847.18 LIABILITIES— Capital Stock__________________________________ $5,000,000.00 Surplus and Undivided Profits___________________ 4,064,523.73 Unearned Discount_____________________________ 280,134.12 Circulation.................................... 4,043,600.00 Bills Payable with Federal Reserve Bank_________ 6,100,000.00 Acceptances sold Federal Reserve Bank with our endorsement_________________________________ 462,121.20 Other Liabilities_______________________________ 184,575.40 Liability a|c Acceptances executed for customers . 6.542,514.58 Deposits....__________________________________ 97,756,378.15 $124,433,847.18 Contingent Liability a |c Letters of Credit Issued but not yet drawn against____________$8,742,487.16 DIRECTORS ROBERT DOLLAR SIG .STERN K. R. KINGSBURY A. W. FOSTER CHAS. C. MOORE J. J. MACK M. FLEISHHACKER J. C. McKINSTRY R. D. ROBBINS, Jr. C. F. HUNT ADOLFO STAHL M. MEYERFELD, Jr. HERBERT FLEISHHACKER WALTER E. BUCK WM. F. HUMPHREY PAUL SHOUP MOSES A. GUNST W. E. WILCOX 4 AUGUST BELMONT & CO. 45 Cedar Street NEW YORK Draw Bill* of Exchange and Make Cable Transfers Issue Letters of Credit for Travelers, Available In All Parts of tbe World ' COLLECTIONS IN ALL COUNTRIES Receive deposits of corporations and individuals, subject to check or by special arrangemsat and allow interest. Securities and other, real and personal, property received and managed. Coupons, dividends and interest collected and remitted, or invested, under careful advice. Special attention given to investments of all kinds. Execute orders for purchase and sals sf bonds and stocks in all markets, domestic and foreign Bonds for Investment We own and offer a oomprehenslve list of oarefully seleoted Qovernment, Municipal, Railroad and Publlo Utility Bonds whloh we reoommend for investment. We shall fee pleased to send descriptive circulars to Investors •» request Harris, Forbes &. Co Pina Street, Corner William NEW YORK Bank and Quotation SECTION OF THE Commercial & Financial (^hronicle. Copyrighted in 1926, according to Act ot Congress, by WILLIAM B. DANA COMPANY, In office of Librarian of Congress, Washington, D. VOL. 122. NEW YORK MAY 8 1926. Bank and Quotation Section Tbe Bank and Quotation Section, issued monthly, is furnished without txtra charge to every annual subscriber of the Chronicle. The Railway Earnings Section, issued monthly, containing the sworn returns of earnings and expenses filed each month with the Inter-State Commerce Commission, is likewise furnished without extra charge to every annua] Chronicle subscriber. . The Bankers Convention Section, issued yearly, giving the detailed proceedings of the annual convention of the American Bankers Association, is also furnished without extra charge to Chronicle subscribers. The Public Utility Compendium, issued twice a year, in April and October, is also furnished without extra charge to every annual subscriber to the Chronicle. The Railway and Industrial Compendium, issued twice a year on the last Saturday in May and November, is also furnished without extra eharge to every annual Chronicle subscriber. The State and Municipal Compendium, Issued semi-annually on the last Saturday of June and December, is likewise furnished without extra charge to every annual subscriber to the Commercial & Financial Chronicle. Terras for the Chronicle, Including the six supplements above named, are $10 per annum within Continental United States, except Alaska. $11.50 is Canada and $13.50 in other foreign countries and United States Posaesslons and Territories, Pile covers for the Chronicle 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 OPPIOE.—Edwards & Smith, 1 Drapers’ Gardens. E. O. WILLIAM B. DANA COMPANY. Publishers. Front. Pine and Depeyster Streets. New York. REVIEW OF APRIL—COMMERCIAL AND FINANCIAL EVENTS. From a broad standpoint the most important happenings during April were undoubtedly the agreement reached be tween France and the United States for the adjustment of the indebtedness of the former to the latter and the ratifi cation by the American Congress of the terms of settlement of the Italian indebtedness to this country arranged by the Washington Administration with Count Volpi last Novem ber and the ratification one after another of the settlements made with a number of other countries. The adjustment agreed upon with Italy encountered the strongest opposi tion and at one time, before the Senate actually began dis cussion of the measure, there seemed to be a possibility that there might be lacking sufficient votes in that body to ratify it. When, however, after much delay and prolonged discus sion, the vote was taken on April 21, 54 votes were recorded in favor of the bill and only 33 against it. Senator James A. Reed, Democrat of Missouri, one of the most violent op ponents, then changed his vote to the affirmative, in order to be able to move for a reconsideration, making the num ber in favor 55 and the number against 32. The Senate, however, on April 23 refused to reconsider and on April 28 President Coolidge signed the bill, completing the last step in the transaction. The House of Representatives had rati fied the agreement as early as Jan. 15. There was much rejoicing in Italy over the definite Congressional ratifica tion of the settlement. On April 26 the United States Senate, by a vote of 55 to 20, also approved the bill authorizing the arrangements agreed to the previous August for the funding of the Belgian w’ar debt to this country. The vote of the Senate completed legislative action in both countries, the same as in the case of the Senate vote on the Italian settlement. The House of Representatives at Washington had ratified the Belgian agreement on Jan. 16 by the overwhelming vote of 314 to 24 and the Belgian Senate and Chamber of Deputies had voted approval in February. On April 27 the Senate also ratified the agreement for the settlement of the indebtedness of Rumania to the United States reached in December. The vote was 51 to 16. In this case, also, the House had passed OL NO. 3176. the bill the previous Jan. 16, the vote there being 285 to 38. On April 27, likewise, the United States Senate by a vote of 50 to 18 signified its approval of the bill providing for the settlement reached the previous September of Latvia’s war debt to the United States. Here also approval by the House of Representatives had been recorded Jan. 16, the vote being 240 to 6. In addition, the Senate on April 27 by a vote of 51 to 16 passed the bill authorizing the settlement of the indebtedness of the Republic of Esthonia to the United States in accordance with the agreement signed at Washing ton the previous October. Here, likewise, the bill ratifying the agreement had passed the House on Jan. 16. On April 28 the Senate gave its endorsement to still another debt settlement, namely, that with Czechoslovakia. The vote was 53 to 17. In this instance the agreement for the funding of the debt had been concluded in Washington on Oct. 9 1925 and the House had ratified it on Jan. 16 by a vote of 287 to 32. Of course the arrangements come to for the adjustment of the French indebtedness between the American War Debt Commission and the French Ambassador, M. Berenger, and approved by the President, but yet to be sent to Congress for ratification, overshadowed all these others. Cable dis patches as early as April 9 stated that a settlement in prin ciple of the French debt to the United States might be ex pected within the next eight days. It was said that Am bassador Berenger had so advised M. Peret, the French Finance Minister. M. Peret, however, added a very significaht remark, namely, that France would not consider any settlement with the United States which did not take into consideration a safeguarding clause, basing France’s obliga tion to pay entirely on the extent to which she received rep arations payments from Germany under the Dawes plan. Definite beginning of negotiations with the United States World War Debt Commission was, however, delayed until final action by the Senate on the Italian settle ment. The vote in the Senate, as already stated, was taken on April 21 and Washington newspaper dispatches that eve ning stated that ‘,‘with the Senate’s acceptance of Italy’s debt payment terms another effort to adjust France’s na tional war indebtedness to the United States will be under taken without delay. Immediately upon being informed of the Senate’s ratification, Secretary Mellon, Chairman of the United States World War Debt Commission, announced that a meeting of the Commission would be held shortly.” It was made plain in Paris cable dispatches the same evening that the French Government was taking active steps to the same end. But the point was also emphasized that the French Government would insist upon a so-called safety clause. For instance, the New York “Times” correspondent in his cablegram said: With emphasis and vigor former President Poincare and the whole of the Senate Foreign Affairs Commission tied up the French Government this afternoon with promises that any debt settlement with the United States shall carry on the French side an absolutely unequivocal safeguard in a clause that France will not feel herself responsible or be responsible for any further debt repayment if Germany defaults or is let off the payment of reparations under the Dawes plan. Both Finance Minister Peret and Premier Briand gave their word that there would be no final settlement made with out this safeguard. Announcement was made definitely in Washington Thurs day afternoon, April 22, that a meeting of the American War Debt Commission would be held Friday, April 23. The Commission met with Henri Berenger, the French Ambas sador, and newspaper accounts then stated that Mr. Mellon and M. Berenger were in substantial accord concerning the essentials of an acceptable agreement to the United States. Ambassador Berenger’s proposals were submitted to the Debt Commission on that day, but the Commission remained in session only about twenty minutes, as there was a Cabi net meeting scheduled for the same morning which Secre tary Mellon had to hurry to attend. The Commission was again in session on April 24 for about an hour and a half, 6 MONTHLY REVIEW then adjourning until Monday, April 26. On the latter day an effort to secure from France better terms than those con tained in its offer, which called for the payment of $25,000,000 annually during the first five years, was made. Just when an accord was reached between the representatives of the two Governments did not transpire, but the agreement was actually signed in Washington Thursday afternoon, April 29. The War Debt Commission, however, in making the announcement on that day, took occasion to say that the “safeguard clause” had been eliminated. Trade in this country continued to give evidence of a slackening in certain lines, though little indication of this appeared in the accounts regarding the iron and steel trade. And yet, even the reports concerning iron and steel trade were more satisfactory in the testimony they afforded of present activity rather than in assurances of the continu ance of this activity in the near future. The monthly re turn of unfilled orders on the books of the subsidiaries of the United States Steel Corporation, issued on April 10, showed that there had been a further reduction in these orders during the month of March and that the Mar. 31 total was down to 4,379,935 tons, as against 5,033,364 tons on Dec. 31 1925. The indications were, too, that there would be a further reduction during April. Steel production con tinued very large, the output for March having been the highest in the history of the steel industry. A break of $1 50 a ton in foundry pig iron and $1 a ton in other grades of iron in Pittsburgh and the valleys was a feature in the early part of the month. The “Iron Age” in its issue of April 22 stated that at 28,500 tons a day the Steel Corpora tion’s new bookings were about 55% of its capacity. Ship ments, meanwhile, reported at 48,140 tons a day, were at 93% of capacity, while production was at a slightly higher rate than shipments. In its issue of April 29 the “Age” re ported that April had ended with the rate of steel mill op erations and of incoming new business measurably below those of the month before. As a whole the industry was probably running at 80 to 85% of capacity, it said, showing that in consumption there had been no abrupt falling off from that in March. Apart from seasonal inroads being made on rail and tin plate bookings, the gap between incom ing business and shipments was less marked than in late April of the previous year when mill operations were be tween 70 and 75%. The composite price for pig iron during April dropped from $2138 per gross ton to $20 46, but the composite price of finished steel did not change from 2.439c. per pound during the month. In the minor or non-ferrous metals some sharp reductions in prices occurred. The price of lead at New York was repeatedly reduced and the quota tion April 19 got down to 7.85c., which also was the price April 30, against 8.25c. April 1. The course of copper prices was somewhat variable, the tendency at first being down ward, then upward, then downward and then upward again, with the result that Lake copper at New York April 30 was 14c., against 14%c. on Mar. 31. Similarly, electrolytic cop per varied considerably from time to time, with the quota tion April 30 13%c., against 13.70 Mar. 31. Tin at New York also fluctuated widely, with the trend towards lower levels. The high figure of the month was 64%c. April 15 and the low figure 62.50c. April 20, with the close April 30 at 62%c. Petroleum and its products continued to improve in price. The upward movement was particularly pronounced the latter part of the month, when numerous upward revisions in the price lists of crude oil as well as in gasoline and kero sene occurred. In crude oil, as one instance, the Joseph Seep purchasing agency on April 27 announced an advance of 15c. a barrel to $3 10 in the Gaines (Pa.) grade of crude oil. Another instance occurred on April 28, when the Hum ble Oil & Refining Co. i>osted increases ranging from 10c. to 40c. a barrel on Grade B Gulf Coast crude oil and estab lished a new gravity scale up to 35 degrees and above. The advances in kerosene and gasoline prices are too numerous for detailed mention, but on April 30 the Standard Oil Co. of New York advanced tank wagon gasoline and kerosene lc. a gallon throughout its territory, effective May 1. On the same date the Standard Oil Co. of New Jersey raised the price of gasoline lc. a gallon throughout its territory with the exception of North and South Carolina, where the price R'as advanced l%c. In the textile industry further depression appeared in the silk industry and the state of the cotton goods trade was far from satisfactory. Raw silks declined to new low levels and Kansai double extra cracks April 30 were quoted at $5 85@$5 90, against $6 40 Mar. 31, $6 95@$7 00 Feb. 27, $7 05 Jan. 30 and $7 10@$7 15 Dec. 31 1925. In the cotton goods trade the continued large consumption of cotton was a surprise. The Census figures for the month of March, for instance, showed 634,593 bales of lint cotton consumed in the month this year, against 583,407 bales in March 1925 and (,379,008 bales consumed for the eight months of the season igainst 4,087,199 bales in the corresponding period the pre vious season, besides which the consumption of linters was 501,983 bales in the eight months of the present season against 414,823 bales in the same period of the preceding Season. Out of this situation, however, there came recogni tion of the need of curtailment of production and at the close of the month the movement to curtail became quite general, particularly in the Southern States, advices coming from many points in the South saying that curtailment was [Vol. 122. gradually increasing. The price of upland spot cotton in New York, which was 19.25c. Mar. 31, got up to 19.45c. April 12 and stayed at that figure for the two following days, but dropped to 18.75c. April 26 despite unfavorable weather con ditions for the new crop, but recovered to 18.90c. April 30. Print cloths at Fall River for 28-in., 64 x 64, were reduced from 6c. a yard to 5%c. April 12 and then to 5%c. April 17. Rubber prices moved still lower and word came from London that the Colonial office might cut the export allowance under the Stevenson restriction scheme from 100% to 80% during the quarter beginning Aug. 1, provided the average spot price fell below 21d. The advisability of such action, it was stated, was under consideration. The allowance for the quarter beginning May 1 was left unchanged at 100%. Ribbed smoked sheets for spot delivery were 48@49c. April 30, against 57%@58c. Mar. 31, 50@51%c. Feb. 27, 68@69c. Jan. 30 and 90@91c. Dec. 31 1925. First latex crepe April 30 was 49@50c., against 58@59c. Mar. 31, 51%@52%c. Feb. 27, 69@70c. Jan. 30 and 91@92%c. Dec. 31. Prices for future option were only slightly lower than for spot delivery. Wheat prices, following the drop in February and March, recovered during April, with somewhat of a downward reac tion, however, at the close. The outlook for the new winter wheat crop continued very favorable and the export demand in the United States was poor, but available supplies were small. The May option for wheat at Chicago advanced from $1 54% April 3 to $1 70% April 19, with the close April 30 at $163%. The July option moved up from $132% April 1 to $146% April 19, and closed at $143 April 30. Corn and oats prices continued their downward course, and May corn in Chicago closed at 71%c. April 30, against an opening price April 1 of 73%c., and the July option closed at 76%c. April 30, against the opening price of 77%c. April 1. May oats at Chicago closed April 30 at 40%c., after having opened April 1 at 41c. and sold up to 43c. April 19. July oats after opening at 41%c. April 1 and selling down to 40%c. April 3, touched 43%c. April 19, but closed at 41%c. April 30. Sugar prices sharply recovered, both for raw sugar and the refined product, on the steps taken to reduce Cuban sugar production for the immediate future. Cuban Government officials announced April 15 that steps would be taken to restrict production the next two years by 10%, and the Cuban Congress promptly en acted legislation placing a prohibitive tax on all sugar pro duced above 90% of the average of the recognized crop esti mates. President Machado signed the reduction bill early in May and it went into immediate effect. Cuban raw sugar in this market, which had sold at 2 9-32c. at the close of March, advanced to 2%c. on April 27, but closed April 30 at 2 13-32c. The wholesale price of refined sugar by the lead ing refineries, except the Federal Sugar Refining Co., at the close of the month ranged between 5.45 and 5.60c., against 5.10@5.25c. at the close of March. The Federal quoted 5.30c., against 5c. Coffee prices varied irregularly but moved higher for the Brazil grades, No. 7 Rio being quoted at 19%c. April 30, against 17%c. Mar. 31 and 18%@ 19c. Feb. 27. The outlook for the new crop did not appear to be particularly good. Offerings of new securities in April were again very large. Tile most conspicuous financing of the month among the domestic issues was the sale of $65,000,000 5%% conv. bonds of Associated Electric Co. by a group of bankers headed by Harris, Forbes & Co. at 95% and int., yielding over 5.90%. Another banking group headed by the above mentioned banking firm and Bonbright & Co., Inc., brought out $35,000,000 Appalachian Electric Power Co. 1st & ref. mtge. 5% bonds at 97 and accrued int., an approx, yield of 5.20%. Kuhn, Loeb & Co. and The National City Co. disposed of $18,632,000 Chicago & North Western Ry. Co. gen. mtge. 4%% gold bonds at 102% and accrued int., yielding over 4%%. $17,030,000 Pennsylvania RR. gen. equip, trust 4%% ctfs. of series “D” were sold by Kuhn, Loeb & Co. at prices ranging from 98.13% to 99.72% and accrued divs., to yield between 4.60% and 4.70%. Dillon. Read & Co. and The National City Co. placed $15,000,000 Loew’s Incorporated 15-year 6% sink, fund deb. (with stock purchase warrants) at 99% and int., to yield about 6.05%. J. P. Morgan & Co. headed a syndicate which brought out $11,172,000 New York Central Lines Equipment Trust of 1925, 4%% equip, trust ctfs. at prices to yield 4.65%. $10,000,000 6% gold deb. bonds of American Power & Light Co. were offered by Bon bright & Co., Inc., at 98 and accrued int., to yield over 6.10%. The National City Co., E. II. Rollins & Sons, Mercantile Securities Co. of Cal., and Blyth, Witter & Co. sold $10,000.000 Pacific Gas & Electric Co. 1st & ref. mtge. 5% bonds of “D” series at 98% and int., yielding approximately 5.10%. $10,000,000'Pittsburgh Utilities Corp. 2-year 5% notes were offered by Ladenburg, Thalmann & Co., H. M. Byllesby & Co., First National Bank of Pittsburgh and Hayden, Stone & Co., at 100 and int. Bonbright & Co. offered 80,000 shares 7% cum. pref. stock of the Southeastern Power & Light Co. at 98.50 and accrued divs., to yield about 7.10%. $6,900,000 4%% equip, trust ctfs., series “AA” of the Southern Ry. Co. were disposed of by Drexel & Co. at prices to yield 4.75% for all maturities plus accrued int. Federal Securities Corp., II. M. Byllesby & Co., Inc., West & Co., Pearsons, Taft & Co. and Thompson, Ross & Co., Inc., placed $6,500,000 Central Gas & Electric Co. 1st lien coll. sink, fund 6% bonds, series of 1926, at 98% and accrued int., to yield 6.15%. $6,500,000 May, 1926.] MONTHLY REVIEW Saks Realty Corp, leasehold mtge. 6% serial bonds were brought out by Goldman, Sachs & Co., Lehman Bros., Law rence Stern & Co., and J. & AV. Seligman & Co., at prices ranging from 99.43 to 101.57 and accrued int., yielding be tween 5.30 and 6.05%. $6,000,000 Chicago, Rock Island & Pacific Ry. Co. 2-year 4%% sec. notes were sold by Speyer & Co. and Dillon, Read & Co. at 99.32 and accrued int., to yield 4.86%: Trust Co. of Georgia disposed of $6,000,000 Continental Gin Co., Inc., 7% cum. conv. pref. stock at $100 per share and accrued divs. $5,000,000 Cities Service Power & Light Co. 20-year 6% bonds of series “A” were brought out by Dillon, Read & Co., Federal Securities Corp., A. B. Leach & Co. and H. L. Doherty & Co. at 96 and accrued int., to yield over 6.35%. Lee, Higginson & Co. and J. Henry Schroder Banking Corp, offered $5,000,000 European Mort gage & Investment Corp. 1st lien gold farm land sink, fund 7%% bonds of series “B” at 96 and accrued int., yielding over 7.80%. American Founders Trust offered $5,000,000 International Securities Trust of America 5% sec. serial bonds at 97 and int., yielding 5.50% for “D” series, maturing June 1 1933 and at 93.50 and int., yielding 5.609© for “E” series, maturing June 1 1943. $5,000,000 Puget Sound Power & Light Co. 1st & ref. mtge. 5% bonds of series “B” were placed by Lee, Higginson & Co., Harris, Forbes & Co. and Estabrook & Co. at 99%% and int., to yield over 5.10%. Among the foreign corporate and municipal offerings in April the largest undertaking was the $37,000,000 DukePrice Power Co., Ltd., 1st mtge. 6% bonds of “A” series. These were sold by The Union Trust Co. of Pittsburgh at 100 and accrued int., to yield 6%. A group of bankers headed by Hallgarten & Co. and Lehman Bros., brought out $30,000,000 Republic of Uruguay 6% extern, sink, fund bonds at 96% and int., with an approx, yield of 6.25%. $20,000,000 Government of the Argentine Nation extern. 6% bonds were disposed of by J. P. Morgan & Co. and The National City Co. at 98% and accrued int., to yield over 6%%. A group of bankers led by Blair & Co., Inc., and Chase Securities Corp, placed two bond offerings of the Province of Buenos Aires (Argentine Republic); the issues were: $10,600,000 extern. 7% sink, fund bonds sold at 96% and int., affording an approx, yield of 7.30%, and 4,200,000 extern. 10-year 7% sec. sink, fund notes at 99 and int., with an approx, yield of 7.15%. $7,500,000 Ilseder Steel Corp. (Ilseder Ilutte), Gross-Elsede (Germany) 20-year mtge. 7% bonds were of fered by The National City Co. at 94 and int., to yield over 7.65%. Blair & Co. and E. II. Rollins & Sons brought out $6,000,000 Dept. of Antioquia (Republic of Colombia) 7% 20-year extern, sec. sink, fund bonds of series “B” at 91 % and accrued int. $5,000,000 St. Regis Paper Co. (Canada) 5-year 6% debentures (closed issue) were brought out by a syndicate headed by F. L. Carlisle & Co., Inc., and E. H. Rollins & Sons at 99% and int., with a yield of over 6.10%. International Acceptance Bank, Inc., sold $5,000,000 one-year Treasury notes of the State of Hamburg (Germany) at prices to yield 5%%. $4,000,000 City of Porto Alegre (United States of Brazil) 40-year 7%% bonds were placed by Lee, Higginson & Co. and Ladenburg, Thalmann & Co. at 96 and accrued int.,- to yield over 7.80%. Peabody, Hougliteling & Co. offered $4,000,000 1st mtge. 6%% serial bonds of the Manitoba Paper Co., Ltd. (Winnipeg, Man.), at prices to yield 6.50% and 6.80%. Lee, Higginson & Co., Dillon, Read & Co. and Brown Bros., Inc., disposed of $3,300,000 Dominican Republic Customs Administration 5%% sink, fund bonds, 2d series, at 98 and int., yielding over 5.70%. A. J. Mitchell & Co. and Dominion Securities Corp., Ltd., sold $2,500,000 Western Canada Flour Mills Co., Ltd., 6%% cum. pref. stock (par 100) at 99 and divs. $2,000,000 Canada Rail & Harbour Terminals, Ltd. (Toronto), Can.), 7% sink, fund (closed) mtge. bonds were brought out by a syndicate headed by Edmund Seymour & Co., Inc., and Mackie, Ilentz & Co., at 100 and accrued int., to yield 7%. Changes in corporate dividends in April were not as nu merous as in previous months. Among the companies re porting larger dividends may be mentioned: Charlestown (Mass.) Gas & Elec. Co. deci, a quar. div. of $1 50, as against $1 25 paid previously. Columbia Gas & Elec. Co. raised its div. rate on com. from $2 60 to $5 per annum. Interstate Rys. deci. 30c. quar. on com., which compares with the last quar. div. of 25c. National Biscuit Co. raised the div. on com. from 3% to 4%. A quar. div. of $1 on com. was deci, by National Supply Co. of Del., as against 75c. previously New Cornelia Copper Co. increased the quar. div. of 30c. to 40c. A change in the quar. distribution of $1 to $1 25 was announced by Sterling Products, Inc. Extra distributions were made by the following companies: American Light & Trac. Co. deci, an extra of 2% on com. in addition to the usual quar. 2% div. Conley Tank & Car Co. made a stock div. of 200% on com. 12.85c. extra and the reg. quar. div. of 62%c. on pref. was deci, by Richard Heilman, Inc. Mel ville Shoe Corp. (N. Y.) deci. 2% quar. on pref. and 50c. on com. in addition to an extra com. div. of 50c. Quar. div. of 75c. and an extra of 50c. were reported by New Bedford Gas & Edison Light Co. The Outlet Co. deci. 50c. extra and an initial quar. div. of 75c. on com. Pacific Fire Insurance Co. deci. 75c. extra. United States Hoffman Machinery Corp, made an extra distribution of 25c. on com. in addition to the usual quar. 75c. div. American Can Co. deci, an initial quar. div. of 50c. on new com. Christie, Brown & Co., Ltd., deci, an initial div. of 30c. on com. Initial quar. div. of 50c. on 7 com. was deci, by Consolidated Laundries Corp. (Md.) Electric Household Utilities Corp. deci. 50c. initial quar. div. An initial quar. div. of 50c. was also made by Electric Refrigeration Corp. Intercontinental Rubber Co. of Del. announced an initial div. of $1 on com. Pathe Exchange, Inc., deci, an initial quar. div. of 75c. on com. class A and B stocks and also a 5% stock div. on both. An initial div. of 50c. on com. was made by Tampa Electric Co. Waltham Watch Co. deci, an initial quar. div. of 1%% on 7% cum. prior pref. stock issued in 1923. American Chicle Co. deci. 25%% on 6% pref., clearing up all accumulations on the same. Deere & Co. of Moline, Ill., deci. % of 1% on account of accruals on pref. 3%% back div. on pref. and the usual quar. div. of 1%% was deci, by Interstate Iron & Steel Co. Geo. B. Newton Coal Co. (Phila.) deci, a semi-annual div. of 3%% on pref., being the first distribution made since divs. were deferred in May 1925. Ray Consolidated Copper Co. resumed divs. of 25c. suspended in December 1920. 1%% quar. on 6% pref. stock was deci, by Republic Ry. & Light Co., the first distribution on this issue since April 1920. On account of accumulations, Swan-Finch Oil Corp. deci. 7% on pref. stock. There were just a few dividend declarations of an un favorable character. All American Radio Corp, deferred payment of the quar. 50c. div. on pref. American Beet Sugar Co. omitted the quar. div. of $1 on com. Bourne Mills of Fall River reduced its quar. div. from 1%% to 1%. The 50c. quar. div. on com. was omitted by Century Ribbon^ Mills, Inc. The quar. div. of 1%% on 7% cum. pref. was passed by Lancaster Mills. North & Judd Mfg. Co. deci, only 1%% quar., as against the previous quar. div. of 3%. St. Mary's Mineral Land Co. reduced its div. from $3 to $2. Tri-City Ry. & Light Co. deci. 1% quar. on com., as against 2%% paid previously. In the Stock market there was a further manifestation of weakness the early part of April, during which many new low records were established, the further losses in not a few instances being of considerable size, but the latter part of the month a much better tone developed and there were then indications that, as far as the general market was con cerned—that is, leaving out individual stocks here and there —the downward movement had run its course and liquidaiton been completed. The market may be said to have con tinued depressed during the whole of the first half of the month, and in the case of certain stocks, for a few days beyond that period. There were, however, repeated rallies even then, and more than one occasion when the upward reactions reached large proportions, but on each of such occasions it quickly appeared that the recovery was not of an enduring character. This is tantamount to saying that there were alternate periods of strength and of weakness and this is true of the latter part of the month, when grow ing firmness developed, as well as of the early part, when the market was still in the doldrums. Operators for a de cline made frequent demonstrations against the market and succeeded during the first half of the month in shaking out many weak accounts with severe declines in prices. As the month advanced these demonstrations were attended with diminishing success and finally proved futile. On the other hand, each renewed period of strength was evidently availed of, in the case at least of the active specialties, to feed out stocks which at the time of the acute depression the previous month had to be taken over by banking and brokerage houses. The latter part of the month it appeared that a considerable short interest had been created, some of which was getting apprehensive and inclined to run quickly to cover. It was this buying rather than purchases for the long account that was chiefly responsible for the repeated upward spurts. There was, nevertheless, more or less buy ing for investment induced in no inconsiderable measure by the growing ease in money, though there were also pur chases by those who felt that prices were down to bargain levels. The ease in money greatly revived the hopes of those in clined to operate for higher prices. The action of the Fed eral Reserve Bank of New York in marking down its redis count rate from 4% to 3%% after the closing of the Stock Exchange on Thursday, April 22, was public proclamation of the prevailing ease and brought accessions to the ranks of the bull contingent. Prices had been moving rapidly higher for a couple of days when this step was taken and it had a thrilling effect the following day when transactions on the Stock Exchange reached 2,329,000 shares, being the largest day’s business during the month, and when prices moved sharply further upward. Previously business on the Exchange had been gradually shrinking to an average of not much above a million shares a day and on some days dropping below that figure. This last was the case on Tues day, April 20, when the number of shares dealt in was only 941,530, but from this there came rapid increase, the trans actions on April 21 reaching 1,446,357 shares, on April 22 1,706,610 shares and on Friday, April 23, as already stated, 2,329,000 shares. The activity, however, did not continue the rest of the month, nor did prices rise any higher, speak ing of the market as a whole. The following Monday, April 26. the number of shares dealt in was 1,487,680 shares and on Tuesday, April 27, the total fell to 1,040,118 shares; for Friday, April 30, the business was 1,213,000 shares. It be came evident that the pace had been too fast. The renewed 8 MONTHLY REVIEW shrinkage in business was the more significant inasmuch as there were quite a number of favorable developments the latter part of the month. United States Steel Corporation, after the close of business on Tuesday, April 27, submitted a highly favorable statement of earnings for the March quarter and changed its dividend declaration from a basis of 5% per annum with 2% extra to a regular basis of 7% per annum, indicating confidence in a continuance of the prevailing prosperity. The action was taken at the instance of J. P. Morgan. The General Electric Co. issued a notice saying that stockholders would vote May 11 on splitting up the common stock for new shares of no par value to be ex changed for the present shares of a par value of $100 on the basis of four shares for one, and also announcing that it was contemplated to pay 75c. a share in cash quarterly on the new stock and an annual dividend of $1 a share in special 6% stock. Early in the month (April 15) this stock sold down to 285, against 386% in February, but closed April 30 at 322%. The General Motors Corporation gave out a statement of earnings showing net for the first three months of 1926 of $40,644,576, as against $18,903,489 in the corresponding quarter of 1925. After deducting dividends on the preferred stock there remained $38,733,942, equal to $7 50 per share on the common stock, compared with $3 29 per share in the first three months of 1925. It was stated that these earnings established a new high record of earn ings for any quarter of any year in the history of the corporation. The result was that General Motors common sold up to 135% April 29, a new high figure for the year, against a low figure of 113% reached Mar. 29. In January the pre vious year the stock sold as low as 64%, while the high for that year was 149%, recorded in November. The early part of April the motor stocks all continued weak and Hudson Motor April 15 got down to 61, this com paring with 123% Jan. 4; it closed April 30 at 69. Jordan Motor Car on April 12 touched 31%, against 66 Feb. 19; the close April 30 being 35. Moon Motors sold down to 24% April 30, against 37% Feb. 10. Pierce-Arrow common touched 21% April 15, as against 43% Jan. 9, and closed April 30 at 25%. Dodge Bros, class A sold down to 26% April 15, against 47% Jan. 2; it closed April 30 at 29, and White Motor got down to 51% April 15, against 90 Feb. 13, with the close April 30 at 56. U. S. Steel common is another stock which reached a new low level for the year in April, touching 117 April 15, against 138% Jan. 4, but it closed April 30 at 123%. F. W. Wool worth sold at 139% April 12, against 222 Jan. 6; it closed April 30 at 148. The strong groups during the month were the local traction shares, like Interborough Rapid Transit, Manhattan Elevated and Third Avenue, all of which in April made new high records for the year. This was on the improved outlook for these proper ties under the change in the city administration. The oil stocks also were strong the latter part of the month on the improved state of the oil industry, with higher prices for both crude petroleum and the refined products like gasoline and kerosene. Skelly Oil touched 36% April 29, against 26% Mar. 30 and Panhandle Prod. & Ref. sold at 14% April 30, against 4% Jan. 21. Yet these oil shares were under pres sure the early part of the month and several of them touched their lowest figures of the year at that time. Sinclair Oil, Pure Oil, Tidewater Oil (this later selling at 30% April 12, against 39% Jan. 25) and several others all belong in this class. The railroad shares also showed a revival of strength the latter part of the month on the strikingly good reports of earnings which came to hand for the month of March. The sugar stocks were weak most of the month but re covered at the close on the steps taken to restrict Cuban sugar production. American Sugar common got down to 65% April 14, against 82% Feb. 5, but closed April 30 at 69. American Beet Sugar common declined to 23% April 8, against 38% Feb. 5; Cuba Co. common to 39% April 15, against 53 Feb. 4; Great Western common to 89 April 14, against 106% Feb. 2, and South Porto Rico common 92 April 15, against 147% Feb. 2. The Baking stocks all continued weak early in the month, on the fiasco with the plans for a grand baking combination, and Ward Baking class A touched 100 April 23, against 195 Jan. 2 and class B 25% April 20, against 85% Feb. 1. The rubber stocks were weak on the lower price for crude rubber and United States Rubber sold down to 58% April 20, against 88% Jan. 23, though closing at 62% April 30. American Woolen shares were also a weak feature, the preferred dropping to 66 April 30, against 89% Jan. 4. One of the striking features of the month was the sharp advance in bond prices, all the more noteworthy because of the weakness of certain classes of bonds in March at the time of the collapse in stocks. The rise seemed to be the twin result of the ease in money, with superabundant sup plies of available funds, and the sad experience that in vestors had suffered with their holdings of stocks under the collapse of the stock market, thereby creating a disposition to turn to more conservative forms of investment. Many also saw possibilities of speculative gains in buying railroad bonds which had not yet advanced commensurate with the improvement in the condition and prospects of the com panies that had issued them. The result altogether was that transactions in bonds on certain days of the month reached really phenomenal proportions. For the magnitude of the rise in bond prices which all this brought about, Stock Ex [Vol. 122. change history has few if any parallels. A few illustrations here must suffice. St. Louis-San Francisco prior lien 4s, which closed Mar. 31 at 79%, sold up to 84 April 22. Mis souri Pacific gen. 4s, which closed at 65% Mar. 31, sold up to 70% April 23. Seaboard Air Line ref. 4s, which the latter part of March had sold at 78%, on April 23 got up to 83, and Western Maryland 1st 4s, which Mar. 31 sold at 67, on April 23 touched 71. The upward movement came to an end after the great splurge upward on Friday, April 23. There then appeared to come a sort of general realization that the pace was proceeding too fast. Accordingly, fractional re cessions from the best figures of the month occurred before the close. The sudden springing up of an extra demand for bonds also had its counterpart in large investment buying of preferred stocks, which as a rule do not fluctuate widely. A long list of these—not only of railroad companies, but of industrial properties—established new high records for 1926 in April. The list includes among others: Atchison pref., Bangor & Aroostook pref., Chicago & North West pref., Col orado & Southern 1st pref., Reading 1st and 2d pref., St. Louis Southwestern pref., American Car & Foundry pref., American Ice pref., American Tobacco pref., Atlas Powder pref., Corn Products pref., International Harvester pref., International Nickel pref., Kansas City Light & Power 1st pref., Liggett & Myers Tobacco pref., Lorillard pref., Na tional Biscuit pref., National Lead pref., Orpheum Circuit pref., Public Service Corporation of New Jersey 7% and 8% pref., Shell Union Oil pref., Standard Oil of New Jersey pref., United States Steel pref. and numerous others. VOLUME OF BUSINESS ON THE STOCK EXCHANGE. 1924. 1923. 1925.. Month of April— 1926. 20,091,986 18.116,828 24,844,207 Stock sales—No. of shares 30,326,714 $ S Bonds sales (par value)— S $ Railroad & miscell___ 219,572,150 187,599,500 127,719,000 141,074,900 60,043,075 31,808,000 57,330,700 30,102,200 United States Govt__ 42,438,500 87,893,000 31,137,410 State, munic. & foreign 54,840,500 Total bond sales___ Jan. 1 to April 30— Stock sales—No. of shares Bond sales (par value)— Railroad & miscell.__ United States Govt— State, munic. & foreign 304,514,850 276,067,610 247,420,000 243,556,475 157,312,280 $ 791,298,200 108,455,300 211,076,350 137,503,599 5 912,900,300 176,744,900 181,571,660 74,011,688 $ 652,688,000 254,410,000 181,866,000 88,950,968 $ 615,861,400 265,549,845 178,473,400 Total bond sales___ 1,110,829,850 1,271,216,860 1,088,964,000 1,059,884,645 The money market during April turned into a state of ease, and on Thursday, April 22, to the surprise of the whole financial community, hardly any portion of which was pre pared for such an event, the Federal Reserve Bank of New York reduced its rediscount rate from 4% to 3%%. After the great liquidation on the Stock Exchange during Feb ruary and March, the demand for Stock Exchange accom modation was naturally small. As a matter of fact, the liquidation in the stock market had the effect of releasing large amounts of money previously tied up in that way. This appears very clearly from the statistics regarding brokers’ loans as compiled by both the Stock Exchange and the Federal Reserve Board, which we treat in detail further below. The distribution of the huge 1st of April interest and dividend disbursements also served to promote ease in money. Nor was there any urgent inquiry for funds for mercantile purposes, accounts being quite uniform in stat ing that business continued to slacken in certain lines of trade. In these circumstances it was natural that the money market should display an easier tendency, but the rapidity with which ease developed came pretty much as a surprise and, as already stated, the action of the Reserve bank in reducing its rate was unexpected by nearly every one. It was inexplicable, too, on any theory except that the Reserve officials desired again to revive the speculative spirit which the events of February and March had done so much to put under restraint and such a view was wholly untenable. In the call loan branch of the market the course of rates may be said to have been steadily downward ex cept for a flurry on April 12 occasioned by large shipments of gold and currency to Cuba in connection with the run on the Cuban branches of the Canadian and American banks at Cuban points. It is understood that altogether $40,000,000 to $50,000,000 was rushed to Cuba in this way over Sunday, April 11, to relieve the pressure on banks referred to and thereby promote a return of confidence. Later in the month, when normal conditions had been restored, some of this money came back. It might be added right here that con siderable amounts of gold had also to be shipped to Canada during the month, Canadian exchange here all the latter part of April having ruled at a premium, but that was simply the return of a portion of the large amounts of gold sent to the United States earlier in the year, when Cana dian exchange at New York was at a discount. The receipts of gold from Canada during the first quarter of 1926 aggre gated $66,943,132 and $10,000,000 more came the first few days in April; the return flow the latter part of April amounted to $16,250,000. The 5% call loan rate on the Stock Exchange ruling at the close of March ex tended over into the 1st day of April, but even on that day some loans were made as low as 4%. The next day was Good Friday, when the Stock Exchange was closed. The following Monday, April 5, the range was 4@4%% and ■m Tuesday, April 6, it was 4@4%%. On the succeeding 3 days all loans were at the single figure of 4%. On Monday, April 12, under the influence of the Cuban gold shipments already referred to, some loans were negotiated on call as high as May, 1926.} MONTHLY REVIEW 5)^%. On Tuesday, April 13, the range was from 5 down month notwithstanding strenuous efforts on the part of the to 4% and on April 14 it was down from 4% to 4. On April Baldwin Ministry to prevent it, hung like a pall over the 22, when after the close of business the Federal Reserve British financial world throughout the month and caused Bank reduced its discount rate, the call loan rate on the sterling rates to sag slightly the first half of the month. Stock Exchange was down to 3%% and that was the only The growing ease in money at New York, however, proved figure for that day. The next day some money was loaned a much more potent influence as a factor in exchange the at as low as 3%, the range for the day being 3@3%%; latter part of the month, especially after the action of the that also was the range the following Monday, April 26; on Federal Reserve Bank of New York in marking down its April 27 and April 28 all loans were at 3)^%; on April 29 rediscount rate from 4% to 3)4%, effective Friday morning, the range was 3)£@4%, and on April 30 4@4)£%. The rise April 23, which was looked upon as evidence that in the at the close of the month was in connection with the prep view of the Federal Reserve officials the easing of the arations for the 1st of May payments. The renewal rate monetary situation here was not regarded as being of a was 5% April 1; 4)4% April 5; 4)4% April 6, then 4% up merely ephemeral nature. With money rates ruling lower to and including April 12; 5% April 13; 4)4% April 14; then in New York than at London, there was a return flow of 4)4% up to and including April 19; 4% April 20 and April capital and of bankers’ balances from this country to the 21; then SV2% up to and including April 29 (the 3)4% rate British centre, and this had the effect of causing fractional having been the lowest renewal rate since the previous Sep advances again in the rates for sterling bills. There was no pressure of commercial bills at any time, notwith tember), and 4)4% April 30. In the time loan branch of the market there was also standing that arrangements must have been under way for growing ease. At the close of March rates were 4%% for large grain exports fromCanada, the Dominion having ample all periods from sixty days to six months. On April 2 money supplies of wheat available for export, while the United was obtainable at 4)4% for 60 and 90 days and at 4)4 @4% % States had little or none, and these Canadian supplies being for four months, while the rate for five and six months re in process of being engaged for shipment. The Canadian mained at 4%%. Before the close of the next week the wheat exports were evidently a prime factor in causing quotation for 60 and 90 days was 4)4 @4% % and the rate Canadian exchange to rise to a premium at New York, for 4, 5 and 6 months 4% @4)4%. After the Federal Re thereby leading to a considerable outflow of gold from New serve Bank reduced its rate, quotations dropped to 4@4)4% York to the Dominion, to which reference has already been for all maturities from 60 days to 6 months, and by the end made further above. Bankers’ sight bills on London were of the month the ruling rate was only 4% for all periods. quoted at 4 85 27-32@4 85 29-32 on April 1 and a gradual All through April time money was in plentiful supply, but sagging brought the quotation down to 4 85 9-16 on April 15 the demand was light. Rates for commercial paper, as as the low figure of the month. From the latter, however, against 4)4% at the close of March for four to six months’ there was a gradual rise to 4 86 7-32 on April 29, in face of names of choice character, during April were marked down the growing approach of the day set for the British coal to 4@4)4%, but 4)4% was still required for names not so miners’ strike, namely May 1; on April 30, with the strike well known. New England mill paper and the shorter choice a virtual certainty, some weakening in rates occurred, with names were dealt in at 4% at the close of the month, the range for that day 4 85 31-32@4 86 5-32. The Bank of against 4)4% previously. The demand for commercial England continued to lose small amounts of gold through paper was good, but the offerings light. Rates for banks out the month, the return for the first week showing a de and bankers’ acceptances also moved towards lower levels. crease of £113,349, that for the second wegk a decrease of Some reduction in a few of the maturities was made before £164,282, that for the third week £81,433 and that for the the Reserve Bank lowered its rate, but the general reduc fourth week £37,227. But comment was general on the tion did not occur until after that event. At the close of favorable way in which Great Britain had passed through April the American Acceptance Council made the discount the first year since her re-establishment of the gold stand rate on prime bankers’ acceptances eligible for purchase ard at the close of April 1925. In rates on the Continental centres the French franc con by the Federal Reserve banks 3)4% bid and 3)4% asked for bills running 39 to 90 days, 3%% bid and 3)4% asked for tinued its downward course and repeatedly established new 120 days, 3)4% bid and 3%% asked for 150 days and 3%% low records, notwithstanding that M. Briand was success bid and 3)4% asked for 180 days. For call loans against ful in retaining his position as head of the Government, bankers’ acceptances the posted rate of the American Ac notwithstanding also that his Finance Minister succeeded ceptance Council ranged at first down from 4% to 3%, but at length, towards the close of April, in having the French later in the month again advanced to 3)4%, which was the budget passed, and notwithstanding, likewise, that a defi nite settlement of the French indebtedness to the United rate at the close. As far as the rediscount rates of the Federal Reserve States was reached at the end of the month. These were banks are concerned, the Federal Reserve Bank of New all unquestionably favorable circumstances, but the trouble York, as already pointed out, on Thursday afternoon, April seemed to be that the flight of French capital, seeking safety 22, reduced its rate for all classes of paper from 4% to abroad, continued (certain drastic provisions in the new 3)4%, the change becoming effective the next day. The 4% income tax measures serving to accentuate the flight), and rate had prevailed only since Jan. 8, at which time it had that a feeling prevailed that much remained to be done to been raised from 3)4%. In advancing its rate at that time re-establish French finances on a sound basis and to bring the New York Bank made its rates uniform with those of about a stabilization of the French franc. There were inti the other eleven Reserve banks, which had been quoting 4% mations, too, that the extreme weakness of the franc had for some time. In now reducing again to 3)4% none of the been in part inspired with the view to aiding the French negotiators at Washington in gaining more advantageous other Reserve banks saw fit to follow in its footsteps. Brokers’ loans, representing borrowings on behalf of the terms in the settlement of the French indebtedness to the Stock Exchange, continued to shrink during the early part United States. There appeared to be some prospect of of April, but the movement was arrested the latter part of bringing the military campaign in Morocco to a close and the month as ease in money became more pronounced. Ac some conferences with representatives of the Riffian leader, cording to the records kept by the Federal Reserve Board, Abd-el-Krim, actually took place with that end in view, but loans to brokers and dealers secured by stock and bond the terms of settlement offered by the French and Spanish collateral by 59 reporting member banks in New York Citv, Governments, which latter had joined in the movement, were after falling from $3,141,125,000 Jan. 6 to $2,573,051,000 Mar. not satisfactory to the Riffians and the conferences were 31, were further reduced during the first two weeks of still pending at the close of April and failed early in May, April, carrying them down to $2,451,339,000 April 14, after The French franc had in March (29tli) touched 3.39, which which they increased to $2,464,679,000 Anril 21 and were was lower even than at the time of the famous collapse in the spring of 1924, when the franc touched 3.43c. During $2,463,697,000 April 28. The Stock Exchange figures, which are on a somewhat April, after some recovery at the end of March, which ex different basis, reveal closely similar results. These tended into the early part of April, new low points were showed “net loans by New York Stock Exchange members reached repeatedly, as already stated. On April 5 checks on on collateral contracted for and carried in New York” of Paris were quoted as high as 3.50)4. But April 15 saw a $3,000,096,167 at the end of March, compared with $3,535,- low of 3.35)4, April 16 of 3.34)4, April 17 of 3.33, April 19 of 590,321 at the end of February and $3,513,174,154 at the 3.30)4 and April 20 of 3.29)4. After recovery of a Sew end of January. The figures for April, issued May 5, points, the downward course was resumed and on April 28 showed that at the close of business in April the amount had a low of 3.27 was established; the range April 30 was 3.27% @3.30)4. As has been the case for so long, the fluctuations at been further reduced to $2,835,718,509. New York were merely a reflex of what was occurring RATES FOR MONEY AT NEW YORK WEEKLY. Week Ending— abroad and local dealers took very little part in the trans Apr. 2. Apr. 9. Apr. 16. Apr.23. Apr.30. Call Loans on Stock Exchange— actions. The condition of the Bank of France did not Range for week (mixed & indus coll.) 4-5X 3-4 A 4-5 A 3-4 A 4-4 X change any for the better. Note circulation the first week Week’s average (mixed & indus. coll.) 5 4X AA 3A 3A Time Loans (Mixed, & Indus. Coll.)— of the month showed a further expansion of 723,932,000 Sixty days____ _____ - . ------- AA-AA 4X-4X AA-AA A 4-4 X francs, bringing the total up to the new high record of 52,Ninety days_____ . ______ ----- 4X-4X 4A~4A 4X-4X A A-AA Four months-, __ _ A-AA 4 ____ 4X-4X 4X-4X 4X-4X 851,286,490 francs. This was followed by a reduction of Five months . - - ------ 4X-4X 4^-4H AA-AA 4-4 A 4-4 X Six months__________ . ------ 4X-4 A 4X-4X aa-aa A-AA 4-4 X 407,930,000 francs the second week and of 428,742,000 francs Commercial Paper-— the third week, but the last week again saw an increase, Double and single names— Prime 4 to 6 months -----4X AA 4-4 X 4-4 X namely, of 193,809,000 francs. Advances to the State showed 4X Good 4 to 6 months___ ___ -----4X AA 4.A AA AA-AA no change the first week, but the second week the French In the foreign exchange market the fluctuations in ster Government was able to repay 600,000,000 francs of its bor ling bills were encompassed within a narrow range. The rowings; the third week it repaid 350,000,000 francs more, prospective general strike of the coal miners throughout and the fourth week a further sum of 150,000,000 francs, Great Britain which actually eventuated at the close of the showing at least one favorable development. 10 [Vol. 122. MONTHLY REVIEW Tlie Belgian franc also again tumbled badly the last half of the month after some improvement the first half, not withstanding that the American Congress ratified the agree ment between the Belgian Government and our own for the settlement of Belgian indebtedness to the United States. However, the exchange credits extended the previous year by J. 1\ Morgan & Co. and an Anglo-American banking group, had expired on Mar. 31 1926, while the bankers did not see their way clear to floating successfully a new bond issue and the Belgian Finance Minister looked with disfavor upon a suggested three-year credit operation of .$100,000,00 or else felt disinclined to meet the conditions imposed by the bankers. In these circumstances, the further collapse of the Belgian franc followed as a matter of course. Never theless. the Bank of Belgium on April 23 reduced its dis count rate from 7%% to 7%. There were rumors two or three times during the early part of the month that nego tiations with the hankers for a stabilization loan or credit had been resumed, and this acted to bring about temporary recoveries in rates, but the reports were evidently without foundation, and it became apparent that the Bank of Bel gium was unable or unwilling to extend further support to the Belgian unit. Checks on Antwerp at the beginning of the month, before it was known how serious the rupture with the bankers was, or when it appeared that negotia tions with them might still occur, showed marked recovery, the rate rising from 3.62 April 1 to 3.91 April 7. hut there after renewed weakness developed and gradually became intensified, so that on the last day of the month (April 30) the quotation got down to 3.36%. Better success attended the attempts to maintain the level of the Italian lire, though it was claimed that this was not accomplished without considerable effort on the part of the Italian Institute of Exchange, which was said to have been compelled to come to the support of the lire at frequent in tervals. At all events, the fluctuations were kept within narrow limits and even no decline of consequence was allowed to occur when the attempt on the life of Premier Mussolini was made early in the month—that is, on April 7 —on the eve of his spectacular departure for Tripoli. Sight bills on Rome the whole of that week did not deviate from 4.01%. The following Monday the rate touched 4.00%, which was the low figure of the month. The high figure was 4.01% April 21, and the range April 30 4.01@4.01%. The German mark only twice during the month deviated the slightest fraction from 23.81, while the Austrian schil ling did not vary at all from 14%. The Bank of Germany in its weekly returns showed the usual changes in note cir culation—a decline in each of the first three weeks and a heavy increase the last week in connection with the ensuing first-of-the-month payments. The decrease the first week was 98,202,000 marks; the second week 271,124,000 marks, and the third week 144,381,000 marks. The last week there was an increase of 439,932,000 marks. Greek exchange again dropped badly, mainly as the result of foreign sell ing, it was claimed, said to be induced by apprehensions regarding Greece's political and economic future. From 1.33% April 3 the drachma dropped to 1.23 April 20, with the range April 30 1.23%@1.23%. The Polish zloty also took a further tumble, falling from 12.50 to 10.40, there be ing a lack of confidence in both tlie political and the finan cial outlook of the country. The former neutral exchanges again came into prominence because of a resumption of strength and activity by the Norwegian crown. Checks on Norway rose from 21.39 April 1 to 21.93 April 19, and were 21.65@21.74 April 30. The rise appeared to meet with no serious opposition from the Bank of Norway. The Danish and Swedish exchanges were steady but not essentially changed. Checks on Denmark were 26.14 April 30, against 26.14% @26.16 April 1, and checks on Sweden 26.75, against 26.78%. Spanish pesetas moved sharply upward, evidently on hopes that the negotia tions which France and Spain jointly were conducting with the Riffian tribes in North Africa would reach a favorable conclusion. Checks on Spain advanced from 14.09 April 1 to 14.49% April 28. with the range April 30 14.42%@14.45. The Swiss franc and Dutch guilders continued to manifest a slowly rising tendency and evidently the flight of capital from France was one factor in the advance. Sight bills on Amsterdam were 40.19@40.20 April 30, against 40.07%@ 40.09 April 1. and checks on Switzerland were 19.32% April 30, against 19.26@19.26% April 1. In the case of rates on South American points, the Argen tine peso showed a rising tendency and the Brazilian milreis RATES OF EXCHANGE ON CONTINENTAL CENTRES. NOTE.—Method of quoting French, Swiss and Belgian francs and Italian lire changed on Dec. 1 1920 to show the value of all these different units in cents per unit. The previous method of quoting was to give the number of francs or lire to the dollar. Greek Now quoted in Italian Paris Swiss Antwerp msterdam Gents per Drachma Francs Lire Francs Francs Guilders •—K Bankers’ Rankers' Bankers' Bankers' Bankers' Bankers' Q, Cables Checks 1 3.4234a3.47 23.435io3.445i 3.45 3 SUN 4 5 3.45 a3.50)4 6 3.46 o3.47)4 7 3.47 04.48)4 8 3.455io3.47 9 3.39)4 a.3.43 54 10 3.43 03.44 q SUN 11 12 3.41 )4a3.43)-4 13 3.43)4 03.4654 14 3.4114 a3.42 15 3.355io3.39 163.3414 o3.36 li 17,3.33 03.3414 SUN 18 19 3.3054 o3.36)4 20 3.291ia3.32 21 3.321403.3414 22 3.32 34 o3.35 23 3.3254o3.3754 24 3.353403.36 SUN 25 26 3.3314 o3.35?4 27 3.33 }<03.3214 283.27 03.3114 29 3.2754o3.32)4 30 3.27 5403.3014 Checks 3.4334a3.48 19.26019.26J4 3.4414 03.4514 19.2614 3.46 19.2614 DAY SUN 3.46 03.5114 19.2614 3.47 03.4814 19.26 019.27 3.48 03.4914 19.2814al9.29 3.46 3-4a3.48 19.30 19.3014 3.4014O3.4414 3.44 o3.45 q 19.2954 DAY SUN 3.425403.4414 19.2914 3.441403.4714 19.28 54ol9.30 3.4214o3.43 19.29ol9.2914 3.3614a3.40 19.29ol9.30 19.2914 3.351403.3714 3.34 03.3514 19.29 DAY SUN 3.3114a3.3754 19.28al9.30 3.3014 a3.33 19.30 3.331403.3514 19.30al9.3014 3.331403.36 19.30ol9.31 19.31 3.3354a3.3854 3.361403.37 19.31 SUN DAY 19.3114 3.3414o3.3654 3.331403.3414 19.3114 a.3414 3.28 03.3214 19.3214ol9.34 3.281403.3314 19.32al9.3214 19 3214 3.2854 o3.3114 Denmark Kroner April. Bankers’ Checks Cables Cables Sight Cables 19.27ol9.2714 40.075ia40.09 19.2714 40.0714 40.08 19.2714 DYa SUN 40.0714o40.09 19.2714 19.27 019.28 40.07 54 a.0814 19.2914ol9.3(] 40.09o40.0914 19.31 40.0914 a.0914 19.3114 40.10 40.1054 19.3054 DAY SUN 19.30)4 4O.O954a4O.ll 19.295iol9.31 40.081-ia40.09 19.30ol9.3014 40.0814 040.09 19.30ol9.31 40.08a40.0914 19.30)4 4O.O9a4O.O954 19.30 40.09o40.0954 DAY SUN 19.29al9.31 40.0814 040.09 19.31 40.09 19.31ol9.3114 40.08a40.10)4 19.31ol9.32 40.0914a.1054 19.32 40.10o40.1214 19.32 40.14o40.15 DAY SUN 19.3214 40.1554040.16 19.32140.3514 40.17 040.19 19.3314ol9.35 40.19a40.2154 19.33ol9.3314 4O.1954a4O.2O 19.33 40.19 O40.20 Sweden Kroner Bankers' Checks Cables Cables Checks 40.0954O40.113.62 a.66 3.64 40.09 >4 3.64 o3.75 40.10 ■ SUN DAY 40.09l4a40.il 3.74 O.8014 40.095io.1014 3.67 a.72 40.1 lo40.1114 3.83 a.91 40.11 lio.1114 3.81 0.8614 3.74140.79 40.12 3.83 a.8714 40.1254 DAY SUN 40.1154 a40.13 3.7814a.81 40.101ia40.11 3.79 a.8254 40.101ia40.11 3.75140.7714 40.10o40.1114 3.6914a.72 40.11040.1154 3.68 O.70 40.lla40.ll 54 3.67540.6814 DAY SUN 40.1014o40.ll 3.65 a.70 3 59140.64 40.11 40.10o40.1214 3.57 0.5814 40.11 J4O.12 54 3.55140.58 40.12o40.1414 3.53540.5614 3.55 40.16a40.17 SUN DAY 40.175ia40.18 3.5814 a.6714 40.19 040.21 3.595ia.6O54 40.21040.23 54 3.49 0.5714 40.211io40.22 3.46 a.50)4 40.21 040.22 3.36540.4154 * 4.02 4.02 4.02 Cables Checks 1.32140.3314 1.3254 1.3354 DAY 1.3314 1.32 1.295ia.311i 1.3014 1.3054 1.2954 DAY 1.2914 1.27 a.2754 1.2814 1.27140.2814 1.2614 1.2714 DAY 1.26 1.2314 1.23140.2514 1.25 1.2454 1.2414 DAY 1.2614 ♦* 1.2414 1.24 a.02 54 1.2354 a 2414 1.24140.2454 1.24 1.2314 O.0214 O.0214 1.23140.2314 1.23 54 a.24 4.0254 4.0254 4.0214 DAY 4.0254 4.02 54 4.02 54 4.0254 4.0254 4.02 54 DAY 4.01140.0254 4.0214 O.02 54 4.02 540.0214 4.0214 4.0254 4.0254 DAY 4.02’n 4.0254 4.0254O.02 54 4.0214 4.02 54 4.0254 DAY 4.02 i so .02 54 1.3154 a .32 54 1.3214 1.3314 SUN 1.33 1.3214 1.29 lio .3054 1.2954 1.3054 1.2914 SUN 1.28540.2714 1.26)4 0.27)4 1.27 54 1.26540.2754 1.26 1.2654 SUN 1.2514 1.23 1.23 0.25 1.2414 1.2414 1.2354 SUN 1.26 Spanish Reichsmarks Vienna Kroner * Shilling Pesetas Bankers’ Checks Cables Bankers' Checks Cables Bankers’ Cables Checks Bankers’ Cables Checks Norway Berlin 26.1454o.16 26.1854o.20 26.7854 23.81 26.8254 21.39021.42 21.43a21.46 23.81 26.15 26.19 23.81 26.8254 21.39 23.81 21.43 26.7854 26.19 26.78)4 26.82 54 23.81 26.15 23.81 21.43 54 21.3954 SUN DAY SUN DAY SUN DAY SUN DAY 26.14o.1514 26.180.1954 26.78)4 26.82)4 21.39021.42 21.43021.46 23.81 23.81 26.81 54 ■ 21.410.46 )4 21 .450.5054 23.81 26.14026.1C 26.18026.20 26.7754 23.81 26.18 26.14 26.78 21.43o.4454 21.470.48)4 23.81 23.81 26.82 26.18 26.78 26.14 26.82 23.81 21.44o.46 54 21,48a .£0)4 23.81 26.18 26.14 26.77 26.81 23.81 21.44 540.46 21.4854a.SO 23.81 26.18 26.14 21.45 26.76 26.80 21.49 23.81 23.81 SUN DAY SUN DAY SUN DAY SUN DAY 26.22 26.77 26.81 21.51o. 74)4 21.550.78)4 23.81 26.18 23.81 26.21 26.76 21.67021.74 21.7U21.78 23.81 26.17 26.80 23.81 26.14 26.18 26,74o26,7f 26.78026.79 21.60540.63 21.64 540.67 23.81 23.81 26.79 26.11026.15 26.15026.19 26.75 21.66a21.76 21.70021.80 23.80)4 23.80)4 26.20 26.75 26.16 26.79 21.82a21.92 21.86021.96 23.81 23.81 26.74 26.14 21.83021.88 21.87021.92 23.81 26.18 26.78 23.81 SUN DAY SUN DAY SUN DAY SUN DAY 18______ ________ 19............ ........... 26.13026.14 26.17026.18 26.74o26.7f 26.78o26.79 21.89021.93 21.93021.97 23.81 23.81 26.17 26.73)4 23.81 26.13 20______ ________ 26.7754 21.830.8654 21.870.9054 23.81 26.74 21.63021.74 21.69a21.78 23.81 26.78 23.81 26.17 21_______ _______ 26.13 23.81 28.73 26.77 21.60021.68 21.64a21.72 23.81 26.16)4 22______ ________ 26.12‘-4 26.78 23.81 26.74 26.17 21.4754a.5C. 21.5154a.C0 23.81 26.13 23_______________ 26.74 26.78 21.44021.46 21,48a21.50 23.81 23.81 26.13 26.17 24.............................. SUN DAY SUN DAY SUN DAY SUN DAY 25_______ _______ 26.74)4 26.78)4 21.52a21.61 21.56021.65 23.81 23.81 26.18 26.14 26_______________ 26.78 23.80 54 26.74 21.54021.73 21.58a21.77 23.80)4 26.14 26.18 27_______________ 21.62a21.68 21.66021.72 23.81 23.81 26.78 28_______ ________ 26.12026.14 26.16026.18 26.74 26.78 23.81 21.51a21.57 21.55a21.61 23.81 29_______________ 26.10026.13 26.14026.17 26.74 21.65021.74 21.69a21.78 23.81 26.79 26.75 23.81 26.18 26.14 * Note.—Austrian exchange since the first of the year has been quoted in cents per schilling; paper kronen no longer 1______ ________ 2............................ 3_______________ 4______________ 5_______________ 6_______ _______ 7______________ 8.............................. 9______________ 10............ ................ 11_______ _______ 12______________ 13______________ 14_______ ________ 15______________ 16............... - ___ Cables Sight 3.63 a.67 4.015* 3.65 4.0154 3.65 o3.76 4.0114 DAY SUN 4.0154 3.75 0.8I J4 3.68 0.73 4.0154 3.84 a.92 4.0154 3.82 a.8714 4.0154 3.7514O.80 4.0154 3.84 0.8814 4.0154 DAY SUN 3.79140.82 4.00 lio.015s 3.80 a.83 54 4.01140.0154 3.76140.7714 4.015ia.O114 3.70140.73 4.01)4 3.69 0.71 4.0154 3.68540.6914 4.0154 DAY SUN 3.66 0.71 4.01’h 3.6014O.65 4.0154 3.58 a.5914 4.01540.0154 3.56140.59 4.011-4 3.54540.5714 4.0154 3.56 4.0154 DAY SUN 3.68140.5914 4.0Pi«o.0154 3.60 )4 a. 6154 4.00 540.0154 3.50 0.58J4 4.01 a.0154 3.47 0.5114 4.01 a.0114 3.37540.4254 4.01 a.0114 14)4 14)4 14)4 SUN 14)4 14)4 14)4 14)4 14)4 145s SUN 14)4 14)4 14)4 14)4 1454 1454 SUN 14)4 14)4 1454 14)4 14)4 14)4 SUN 14)4 14)4 14)4 14)4 14)4 quoted. 14)4 14)4 14)4 DAY 14)4 14)4 14)4 14)4 14)4 14)4 DAY 14)4 14)4 14)4 14)4 14)4 14)4 DAY 14)4 14)4 14)4 14)4 14)4 14)4 DAY 14)4 14)4 14)4 14)4 14)4 14.09a.l4)4 14.1354 14.11014.12 SUN 14.11)40.54 14.110.12)4 14.1254 14.12)4 14.12)4 14.1294 SUN 14.13a .21)4 14.250.32)4 14.22014.25 14,19a .20 54 14.27)40.)4 14.350.3854 SUN 14,40ol4.45 14.36 540.38 14.38al4.41 14.39a .43 54 14.33al4.3fi 14.41014.43 SUN 14.39 5(0.41 14.40014.45 14.470.49)4 14.45 540.46 14.42% a.45 14.11a. 16)4 14.1554 14.13al4.14 DAY 14.1354a. 54 14.130.14)4 14.14)4 14.14)4 14.14)4 14.14)4 DAY 14.15a .2354 14.270.34)4 14.24al4.27 14.2 In.22 )i 14.2954a.)4 14.37a.4054 DAY I4.42ol4.47 14.38 54 a.40 14.40al4.43 14.41a.45 54 14.35al4.37 14.43al4.45 DAY 14.41)40.43 14.42014.47 14.490.51 54 14.4754a.48 14.445fa.47 May, 1926.] 11 MONTHLY REVIEW WtOtOtOtOtOtOtOtOtOtOH-h-h-t—h-b-h-t-i— hrfk 4k hfk after decided weakness the first half of the month made sharp recovery the latter part. There was again discussion of the early bringing out of a loan- for. the Brazilian Gov ernment either in this country or abroad.-The floating in this country of $20,000,000 Government of the Argentine Nation 6% gold bonds no doubt played its part on the course of Argentine exchange. Two offerings of bonds of the prov ince of Buenos Aires (Argentine Republic) totaling $14,800,000 were also brought out here on April 1. From a low of 39.52 April 6, checks on Argentina advanced to 40.55 April 22, with the close April 30 40.20. Checks on Brazil dropped from 14.12^ April 1 to 13.61 April 7, but April 29 got up to 14.45, with the rate April 30 14.33. There were reports early in the month that the Bank of Brazil was try ing to stabilize the milreis. A $30,000,000 loan for the Re public of Uruguay was also placed in the United States dur ing the month and the Uruguayan peso moved up from 101.50 April 1 to 103.63 April 22 and was 103.00@103.30 April 30. The Peruvian libra took a sharp downward turn, declining from 3.84 to 3.65, said to be due to an adverse trade balance occasioned by diminished exports following catastrophic storms in 1925 which swept the Pacific Slope of the Andes, bringing widespread ruin to crops and interrup tion to industry and mining. The Chilean peso advanced from 12.10 April 1 to 12.25 April 16, but later in the month weakened, and April 30 ranged between 12.01 and 12.10. In rates on the Far East, the feature was the further rise in the Japanese yen and the decline in rates on the silver using countries, the latter caused by the lower level for the price of the metal. The Japanese Government on April 13 shipped $2,000,000 gold to the United States, resuming the gold movement to this Government, and cable advices stated that Japan would send altogether $36,000,000 gold here for the fiscal year beginning April 1 in payment of Government obligations and for the support of exchange. From 46@ 46% April 1, the yen advanced to 47% April 29, with the range April 30 47%@47%. Dollars on Hong Kong for checks moved down from 56 @56% April 1 to 53.45@53.55 April 22, with a subsequent recovery, however, which left the range April 30 54%@55%. The tael on Shanghai de clined from 72% April 1 to 69%@70 April 22, but was 71%@ 71% April 30. Rupees on Bombay were 36% @36% April 30, against 36.50@36.60 April 1. The price of silver in London ruled below 30d. per ounce the whole of the month after April 9, and April 22 touched 29 3-16d., but recovered to 29 15-16d. April 30. April 00 00 00 00 00 00 to to to to to to i a o » to *• KWs*** S * oooo aaaaaa a a a a to to “ 00 00 00 00 M oo ooxoo oooo to to to to to to 2 05 Cn Cn Oi i 05 Oi to to • to Q B to to to to to to Cn Ox Ov Czv 2 Oi CM Z g Z “ ik if* k ik k k Q k£j ^3 ooooL^ X2 UOUOZi a a a_ a © a a aM aOt cn u-4 a ao-'MMaaOOO a a a a >—< 4XXXXXX-AXqi © cn oi o, n cn M oooooooo ©©©© K* Oi Cn Cn © oo oo oo oo“xS oo oo oo oo oo oo tl 14 W W £s eT kS" cJ1 cJ’1 *-\ oo\ 05 05 © © 05 05 05 05 h* t? 05 05 Ul cn 05 05 4k tfk 00 00 05 05 X:=.ss; 00 00 a4k Jk a a4k a4k C5 00ax a Ma •a 05 05 a 4k a 4k a 4k a kkkk^^ a4k a4k 4k 00 00 00 00 00 00 05 05 05 05 05 05 4k 4k 4k 4k 4k oooooooo 4x 4k 4^ 4k 4k 4k 00 00 00 00 00 00 Oi Oi fJl Oi Oi Oi 4x oooooooo Oi Oi Cn Oi Ol Oi Ol Ol a a a a oi * E 4k 4k a a ___ a a 0000 oiw kkkkw g 5 a *XO5C5 XX 00 00 00 00 © 05 05 © ,=s"« Sa a 05 05 05 05 05 05 00 06 00 00 05 O' 05 05 ai co dOi oo\ 4* 4^ 4k 4*- 4*- 4^ 00 X 00 00 00 00 Ol Oj 4* Ol Ol Ol s=s5== a aanaa 4k 4k 4k. 4k 4k 4k 00 00 00 00 00 00 Ol Oi Ol Ol Ol Ol oooooooo Ol Ol Ol Ol - SXX 4k 4k 4k 4k 4k 4k 00 00*^00 00 00 to to X to ♦*» to a a aaaaaa 4* 4- *^XX to to oooooooo to to to to 4* 4* 4^ 4^ XXXX ©OOH- 4k 4k 4^ 4* —OOOOOOOO 4^ 4* 4* 4* 4* 4* 4^4^ __ X X X X X X „ QO b-h-b-H-b-h- .. XX SO ►->- g “ » 2oo oo 00X0000 &:<» » s5ftaap2oftaaHH2fiftaafie HSpppHH2Hae 4*4*4*4*\-O^4*4*4*^ “C>^^4^4^4^O 4* 4* xxxxM Kjh-b-H-b^XXXX* g bd ^XXXXXX^** » » » w'H* > w''oo oo OO©*-h- h- b- b- b- H- b< b-b•-35 .?,?&£ sfx to to to to £ hF 4k 4k M 00 S * xx a a a a to to 4*- 4>- 4* 4* \f» £ oooooooo" 3 to to hi to = =-" £ 4k 4k 4k 4k 4k XXXXXX to to to to to to 5 sVx aaaaaa 4k 4k XX to to 4k 4k 4k 4k 4* 4k XXXXXX to to to to to to 13§ w'OOX to to to to to to U)to 4k 4k 4k 4k xxxx 4k 4k 4k 4k 4k 4k 4k 4k 4k 4k a a a o 4k 4k 4k 4k 4* 4k\^« xxxx"g 4k 4k £k 4k = s S« 4k Oi 4k lk Ik Xs sfSJ aaaaaa 5 4k 4* 4- 4k 4k 4k 4k 4k 4k 4k 4k 4k 22 a a •^xx 4k 4k 3 fa RATES OF EXCHANGE ON OTHER CENTRES. Apr. Canada Dollars Checks 1.. 3-4.. 5.. 6.. 7.. 8.. 9.. 10.. 11.. 12.. 13.. 14.. 15.. 16.. 17.. 18.. 19.. 20.. 21.. 22.. 23.. 24.. 25.. 26.. 27__ 28-29.. 30-. ^k 31»% ’82% ’82% disc’t disc’t dis’ct ’82% ’82% ■ia% disc’t disc’t disc’t ’««% Kronen Bucharest Leu Checks Hungary Serbia Checks Checks Zlotv Checks .41% .41% .41% 2.96% 2.96% 2.96% Polish Checks 12.50 12.50 12.50 .0014% .0014% .0014% prem. 2.96% 2.96% 2.96% 2 96H 2.96% 2.96% .41% .41% .41% 41% .41% .41% 12.50 12.50 12.55 12.50 12.50 11.70 .0014% .0014% .0014% 0014% .0014% .0014% >82% %% ‘32% ‘32% _____ prem. prem. prem. prem. prem. 2.96% 2.96% 2.96% 2.96% 2.96% 2.96% .41% .41% .41% .41 .40% .40% 11.50 11.25 11.20 11.20 11.00 11.10 .0014% .0014% .0014% .0014% .0014% .0014% ‘32% ‘82% ‘32% ‘83% ’‘88% "«8% prem. prem. prem. prem. prem. prem. 2.96% 2.96% 2.96% 2.96% 2.96% 2.96% •40% .39% .39 .39 .39 .39 11.00 10.50 10.50 10.50 10.50 10.50 .0014% .0014% .0014% .0014% .0014% .0014% "•8% »1.% ’18% «32% *.1% prem. prem. prem. prem. prem. 2.96% 2.96% 2.96% 2.96% 2.96% 10.50 10.50 10.40 10.40 10.40 .0014% .0014% .0014% .0014% .0014% Bolivia Colom Ecua bia dor Rollvlano Dollars 1 2 3 4 5 6 7 8 9 10 Czecho slovakia Sucre Checks Cheeks Checks .39% .39% .39% .38% @ .39 .37% Uruguay Vene zuela Peso Bolivar Checks Checks 1.76% 1.76% 1.76% SUNDAV 1.76% 1.76% 1.76% 1.76% 1.76% SUNDAY 1.76% 1.76,% 1.76% 1.76% 1.76% 1.76% SUNDAY 1.76% 1.76% 1.65% 1.76% 1.76% 1.76% SUNDAY 1.76% 1.76% 1.76% 1.76% 1.76% (/Rus sian Cher vonets Bui garia Fin nish Brazil Argentina Mark ka MUrels Peso Cables. Cables. Checks. Checks Checks. Checks Checks. 5.15 .13 2.52 39,60a .62% 39.65a .67% 13.89al4.12% 13.89al4.17% 39,60a .62% 39,65a.67% 13.89al4.12% 14.94al4.17% 39,60a .62% 39.65a.67% 13.89al4.07% 13.94al4.12% 5.15 5.15 .73 .73 5.15 5.15 5.15 5 1.5 5.15 .73 2.52 .73 2.52 .73 2.52% 73 *72 % 2 52 If .73 2.52 ' 39.62% a.64 39.52a .62% 39.57a.62% 39 7.5 39.75a.82 39.75 39.67% a.69 39.57a.67% 39.62a.67% 39 80 39.80a87. 39.80 13.93al4.07 13.93al4.00 13.61al3.75 13 87al4 07 13 81al4.00 13.81 13.98al4.12 13.98al4.05 13.66al3.80 13 92al4.12 l3.86al4.05 13.86 5.15 5.15 5.15 5.15 5.15 5.15 .73 .73 .73 .73 .73 .73 2.52 2.52 2.52 2.52% 2.52% 2.52% 39.80a.86 39.80a.86 39.71a.75 39,68a .75 39.93a40.00 40.00a40.07 39,85a.91 13.74al3.80 39,85a .91 13.68al3.80 39.76a .80 13.76 39.73a.80 13.77 39.98a40.05 13.74al3.77 40.05a40.12 13.74 13.79al3.85 13.73al3.85 13.81 13.82 13.79al3.82 13.79 5.15 5.15 5.15 5.15 5.15 5.15 .73 .73 .73 .73 .73 .73 13.95 2.52 40.18 40.23 40.24 40.29 13.87 2.52% 2.52% 40.40 40.45 13.87 13.85al4.00 2.52% 40.55 40.60 2.52% 40.37a40.50 40.42a40.55 13.93al4.05 2.52% 40.20a40.37 40.25a40.42 14.10al4.15 14.00 13.92 14.00 13.90al4.05 13.98al4.10 14.15al4.20 5.15 5.15 5.15 5.15 5.15 .73 .73 .73 .73 .73 2.52% 40.33 14.28al4.35 40.38 2.52 40.25 14.27 40.26 2.52% 39.75a39.96 39.80a40.01 14.10al4.25 14.45 2.52% 40.00a40.05 40.05a40.10 2.52% 40.20 40.25 14.33 14.33al4.40 14.32 14.15al4.30 14.50 14.38 2.52 2.52 ♦Chile rPeru y Portu gal Escudo Dollars Hong Kong Shang hai Yoko hama Manila Peso pore Dollars Bombay Rupees Java Guilders Checks Checks Checks Checks Checks Checks Checks Checks Checks Checks Peso Libra Tael Yen Singa 46 a 46% 49% a 49% 57 a 57X 36J4 a 36’t 40% a 40% 5.22 56 a 56% 72% 5.22 56 a 56% 46 a 46% 49% a 49% a 57X 36^ a 36«» 40% a 40% 72% 5.22 56 a 56% 46 a 46% 49% a 49% a 57K 36 Vs a 36’s 40% a 40% 72% SUN DAY 34% 12.10 46 a 46% 49% a 49% a 57% 36« o 36H 40% a 40% 98% 22% 101.73al02.00 19.40 3.84 5.20 56 a 56% 72% 34% 3.84 a 57% 36^ n 36M 40% a 40% 98% 22% 102.25 a. 37 19.40 12.13al2.25 5.20 55.70a55.90 72 a 72% 46% a 46% 49% a 49% 34% 3.84 5.20 55.50a55.75 71% a 72% 46% a 46% 49% a 49% a 57% 36JS a 36^ 40% a 40% 98% 22% 101.75al02.25 19.40 12.09al2.25 34% 3.84 a SIX 36M a 36H 403u a 40% 98% 22% 102.25 a.50 19.40 12.25al2.13 5.20 55.60a55.75 71% a 72% 46% a 46% 49% a 49% 34% 3.84 a 57% 36X a 36^ 403u a 40% 98% 22% 102.25 a.75 19.40 12.13al2.25 5.20 55.60a55.75 71“i«a 72% 46% a 46% 49% a 49% 34% 22% 102.25 a.75 19.40 12.13al2.25 3.83%a3.84 5.20 55.40a55.55 71% a 72% 46.40a46.50 49% a 49% 57 a 57)4 36H a 36^ 408i« a 40% 98% 11 SUN DAY 12 34% 3.83 98% 22% 102% al03% 19.40 12.13al2.25 5.20 55% a 55% 71% a 72% 46.45a46.7549% a 49% 57 a 57% 3i6'a a 36% 40’h a 40% 13 34% 98% 3.83 22% 103.00 a.10 19.40 12.13al2.25 5.20 55% a 55% 71% a 72% 46.45a46.7549% a 49% 57 a 57% 361a a 3623 403ia a 40% 14 34% 3.83 a 57% 36% a 36%(4(:Osie a 40% 98% 22% 103.00 a.10 19.40 12.13al2.25 5.20 55% a 71% a 72% 46.45a46.7549% a 49% 15 34% 3.83 46.60a46.7549% a 49% a 57% 36% a 36% 40 ' ’iea 40% 98% 22% 102.80al03.10 19.40 12.06al2.25 5.19 55% a 55% 71% 34% 10 3.83 5.19 54% a 54% 71>,«a 71% 46.70a47.00 49% a 49% 98% 22% 103.00 a. 10 19.40 12.09al2.25 a £7% 36% a 36% 40’ie a 40% 17 34% a 57% 3i ‘6% a 36% 403i« a 40% 98% 22% 103.00 a.10 19.40 12.25al2.10 3.79%a3.83 5.19 54.30a54.50 70% a 71 47.00a47.25 49% a 49% 18i SUN DAY 12.07 19 22% 103.12 19.40 3.83 a 57% 36% a 36% 4O3i« a 40% 34% 98% 5.19 54 a 54% 70 a 71% 47% a 47% 49% a 49% 34% a 57% 36% a 36% 403i6 a 40% 20 98% 22% 103.10 a.25 19.40 12.07al2.18 3.79%a3'83 5.19 54.30a54.50 70 a 70% 47.05a47.2549% a 49% 34% 21 98% 22% 103.50 a.60 19.40 12.04al2.21 3.74%a3.83 5.19 53.95a54.10 70 a 70% 47.15a47.2549% a 49%i 56% a 57 36% a 36% 403is a 40% 22 34% 98% 22% 103.63 19.40 12.01al2.12 3.74%a3.76 5.19 53.45a53.55 69% a 70 47.35a47.75 49% a 49%i 56% a 57 36% a 36% 403iea40% 23 34% 98% 22% 103.50 a.63 19.40 12.01a.12% 3.70 a3.74 5.18 54 a 54% 70 a 70% 47.35a47.7549% a 49% 56% a 57 36% a 36% 403ie a 40% 12.04 24 34% 98% 22% 103.50 a.63 19.40 3.70 5.18 54% a 54% 70% a 71 47.35c47.7549% a 49%i 56% a 57% 36% a 36% 403u a 40% 25| SUN DAY 34% 26 98% 22% 103.25 a.63 19.40 12.01al2.12 3.69 a3.70 5.18 54.80a55.10 70% a 71% 47.35a47.7549% a 49% 56% a 57 36% a 36% 406iea40% 34% 27 98% 22% 103.25 a.30 19.40 12.04al2.12 3.65 a3.68 5.18 54.50a54.6fl 70% a 71 47.35047.7549% a 49% 56% a 57 36% a 36% 40sieo40% 34% 22% 103.00 a.30 19.40 12.01al2.1C 3.68 28 98% 5.18 54% a 54% 70% a 70% 47% a 47% 49% a 49% 56% a 57 36% a 36% 4Osi6 a 40% 29 34% 22% 102.80al03.30 19.40 12.01al2.1C 3.65 5.18 54.55a54.75 71 a 71% 47% a 47% 49% a 49% 56% a 57 36% a 36% 40‘iea40% 98% 3.65 34% 98% 22% 103.00 a.30 19.40 12.01al2.10 5.18 54% a 55% 71% a 71% 47% a 47% 49% a 49% 56% a 57 >36% a 36% 40% a 40% 30 * Cents of U. S. money per Chilean peso. z American money per Peruvian pound. v Value of one escudo in U. S. currency, d Nominal, e Effective May 12 1924; commenced the quotation of Polish exchange in zloty instead of marks, which had formerly been the medium of exchange. The zloty is equivalent to 1,800,000 marks. 34% 34% 34% 98% 98% 98% 22% 22% 12% 101.50 101.50 101.50 19.40 19.40 19.40 12.10 12.10 12.10 3.84 3.84 3.84 12 New York Stock Exchange MONTHLY AND YEARLY RECORD The following tables furnish a complete record of the New York Stook Exchange transactions for the past month and the year 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 blackfaced letters in the column headed “Interest Period" indicate in each case the month when the bonds mature. In accordance with the rule adopted by the New York Stock Exchange in 1909, all quotations for interest-paying bonds are at a price to which accrued interest must be added. The exceptions to the rule are income bonds and bonds oo which 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 ssue. This method of quoting bonds became effective January 2 1909. For footnotes to tables see last page of bonds and last page of stocks. BONDS—PRICES AND SALES FOR APRIL AND RANGE FOR THE YEAR TO DATE BONDS N. 7. STOCK EXCHANGE Sales in April Par Value. Canada, Dominion of, 5s_____ 1931 A O 10-year gold 534s._.r______ 1929 F A 30-year gold 5s____________ 1952 M N 414s1936 F A Carlsbad (City) 8s___________ 1954 J J Ohlle Republic exter s f 8s_____ 1941 F A External 5-year s f 8s_______ 1926 A O 20-year external s f 7s______ 1942 MN 25-year extl s f 8s gold______ 1946 M N Chile Mtge Bank ofJune306J4sl957 J D Chinese. Hukuang Ry 5s____ 1951 J D Christiania (City) (Oslo) 30-yr 6s ’54 M 8 Colombia (Rep) extl 614s_____ 1927 A O Copenhagen 25-year s f 514s... 1944 Cordoba (Prov) Argen 7s_____ 1942 Cuba Rep of 5s of 1904_______ 1944 5s ext debt Ser A of 1914....1949 414s externa] loan__________ 1949 30-year s f 514s____________ 1953 Czechoslovak (Rep of) 8s ____ 1951 Sink fd 8s ser B___ ________ 1952 External s f 714s Ser A______ 1945 Danish Cons Munic s f 8s A__ 1946 Series B sink fd 8s____ _ _..1946 Denmark 20-yr extl gold 6s____ 1942 Dominican Republic sink fd 5s. 1958 Custom admlnlstr 514s____ 1942 M 8 Dresden (City) ext 7s. ________ 1945 M N 1926. Bid. U S Government First Liberty Loan— First 3 34s............................ 1932-1947J D Registered__________________ J D First 4s.............................1932 1947 J D Registered__________________ J D First 4 34s.......... 1932-1947 J D Registered__ ________________ J D First Second 4 34s______ 1932-1947J D Second Liberty Loan— Second 4s___________ 1927-1942 M N Registered_________________ M N Second 4 34s...................1927-1942 MN Registered___________t______ M N Third Liberty Loan— Third 434s................................1928 M S Registered_________ ___ M 8 Fourth Liberty Loan— Fourth 4 34s................... 1933-1938 A O Registered__________________ A O Treasury 4 Us__________ 1947-1952 A O Registered_____ _________ A O Treasury 4s____________ 1944-1954 J D Registered___________ J D Treasury 354s---------------- 1946-1956 M S Panama Canal 3s registered _ .1961 Q M State and City Securities Hew York City—434 s________ 1960 M S Registered____________________ M 8 4 34s Corporate stock._____ 1964 M 8 434 s Corporate stock_______ 1966 A O 4 34s................... 1972 A O 434s Corporate stock_______ 1971 J D 414 s Corporate stock_______ 1967 J J Registered__ _______________ J J IMs Corporate stock_______ 1965 3 D 434s Corporate stock.______ 1963 M 8 Registered___________________ M 8 4% Corporate stock ________ 1959 M N Registered________________ MN 4% Corporate stock________ 1958 M N 4% Corporate stock________ 1957 M N 4s......................... ’.................... 1956 M N 4s .........................................1956 M N Registered__________________ MN 4s................................... .Nov 1936 M N 434s Corporate stock______ 1957 M N Corporate stock_____ 1957 M N MN 334% Corporate stock! ZZZZZ1954 M N 3 34s........... ...................... Nov. 1954 M N 334.% Corporate stock______ 1955 M N N Y State Canal 4s___________ 1961 J J 4s.................................. 1962 J J 4s............. ................................... 1942 J J 434s Canal________________ 1964 3 J 414s Highway Impt________ 1963 M 8 4s Highway registered.____ 1958 M S Virginia funded debt 2-3s_____ 1991 J J Foreign Govt, and Municipalities Argentine Nation (Gov) 5-yr 7s 1927 F A 5 f 6s of June 1925_________ 1959 J D Extl s f g 6s of Oct 1925 temp 1959 A O Sinking fund gold 6s ser A... 1957 M 8 External 6s ser B _________ 1958 J D Ext sf 6s of May ’26 w i____ I960 M N Argentine (Rep) 5s of 1909____1945 M 8 Australia 5s of 1925.-July 15 1955 J J Austrian Govt s f 7s__________ 1943 J D Belgium 25-year ext s f 734 s g. .1945 J D 20-year sinking fund 8s____ 1941 F A 25-year ext 6 }4s___________ 1949 M 8 External sf 6s_____ 1955 J J External s f 7s_____________ 1955 J D Bergen (Norway) s f 8s_______ 1945 M N 25-year s f 6s______________ 1949 A O Berlin (Germany) sf634s__ ..1950 A O Berne (City of) s f 8s_________ 1945 M N Bogota (City) ext g 8s............. 1945 A O Bolivia (Republic of) s f 8s___ 1947 M N Bordeaux (City of) 15-year 6s_.1934 MN Brazil (U S of) external 8s____ 1941 J D Cent Ry 30-year g 7s_______ 1952 J D Sink fd 714s (coffee sec). 1952 flat A O Bremen ext g 7s trust rects___ 1935 M S Buenos Aires extl 614s________ 1955 J J Price Jan. 2 PRICES IN APRIL. April 1. Ask. | April 30. Asifc. Bid. Ask. ,154,000 9920aj Sale 1002832SaIe 1002332Sale 19,000 9913ai Sale 10 0 2232Sale 1,000 100 101'«ai 100 lOC-aa’lOO ioi” 32,000 .503,000 1O1’«3J Sale 1022«32Sale 41,000 101“a« Sale 1011 «32102 > «32 101 103 RANGE SINCE JAN 1. Lowest. Highest. Lowest. Highest. Sale Prices Sale Prices. Sale Prices. Sale Prices 1002032Apr. 30 10031s2Apr. 1002232Apr. 1 1002»32Apr. 993132Apr. 12 993132Apr. 993032Apr. 12 9 9 3032Apr, 102*32 Apr. 1 1 023032Apr. 101*32 Apr. 7 102**3jApr. 6 991,ssJaa. 7 99u32Jan. 12 993482Apr. 12 993«3sApr. 23 101193sJan. 27 101163sJan. 101<3j Jan. 4 2 12 12 15 2 20 IOI’ji Mar. 24 IOH32 Mar. 25 101163iMar. 15 9 9 3032Apr. 12 10 2 3032Apr. 23 1021732Apr. 17 101,4siMar. 9 131,000 100 100Bai 86,000 582,OOO: lOOi’aa Sale 1002432Sale 92,000 100wn Sale 1003132Salc 1002S32Sale 1002«32Sale 993032Apr. 5 1001632Apr. 20 99313sJan. 11 1001632Apr. 100 Apr. 10 100 Apr. 10 99283jJan. 20 100 Apr. 10 0 2332Apr. 1 10 0 3132Apr. 8 100ls3sJan. 4 101 Feb. 10 0 2132Apr. 1 1002632Apr. 7 100l*3sJan. 4 100!7sjMar. ,781,000 1002B?t Sale 101,000 100’ba Sale 101B32 Sale 1O1232 Sale 1011032Sale 101*32 Sale 101s32 Apr. 10026s2Apr. ,014,000 102 Sale 49,000 ,291,000 10610a> Sale 52,000 ,529,000 l62’»3> Sale' 1021332Sale 102n32Sale 1072732Sale 1O3s32 Sale 1,642,000 60,000 10034 Sale 101 Sale 2,000 10454 Sale 9,000 10434 Sale 8,000 10434 Sale 10,000 11,000 1033°s2Sale 1021232Apr. 102**32Apr. 1072732Apr. 1072432Apr. 104I232Sale jlO3‘ 632Apr. 100l6s2Sale 101 432 Sale ilOO1632Apr. 10054 10054 101 10534 105 6,000 101 54 10154 10134 10634 10554 10154 10154 10134 10654 10634 105 10554 10634 10454 10534 10534 9754 9854 98541 9854' ------------- 9834 9834 9734 9734 8834 ------8834 ------8834 ------- 1,000 1 1011732Apr. 23 100l,3iMar. 26 1 011732Apr. 23 3 10054 Apr. 23 100 100 10254__________ 10034 10254 ..................10034 10254 __________ 10054 107 10554 Apr. 16 10554 Apr. 16 10534 10634 __________ 10434 105 10634 ___ 10454 _____ 10554 Apr . 22 10654 Apr. 23 10434 10434 9734 Apr. 16 9834 Apr. 22 9714 9754 9754 Apr. 3 9834 Apr. 22 9754 98 Apr. 6 98 Apr. 6 97 34 97 34 9734 Apr. 3 9734 Apr. 3 9734 99 Sale 8954 9734 ------- 10554 10454 ------- 10554 99 Apr. 10454 Apr. 10454 Apr. 89 89 8854 4 101I432Apr. 23 Til024»i Mar. 6 101S93tJan. 4 103*31 Apr. 27 1012B»«Jan. 25T03532 Apr. 27 2,10 8 2232Apr. 23 1O6’s2 Jan. 107 Jan. 25il0 8 532 Apr. 30 102283>Jan. 211042»32Apr. 23 103*32 Apr. 103632 Apr. 1082232Apr. 10 8 632 Apr. 1042°32Apr. 10034 _____ 10034 ------- '10034 Apr. 9754 9754 9734 9734 4,000 11,000 5,000 103*32 Sale 1081132Sale 1 1011432Apr. 23 100s‘3jJan. 7 101I032Apr. 23 1002632Apr. 20 10 29 17 1| 99 Apr. 1 Jan. Mar. Jan. Jan. Jan. Jan. Mar. Feb. Jan. Jan. Jan. Feb. Mar. Apr. Mar. Mar. Apr. 23 13 19 15 28 16 2 4 27 23 2 22 30 26 10 2 3 6 1 23 13 Jan. Jan. Apr. 10154 Jan. 10154 Apr. 21 21 6 19 29 4il05 2 10534 2 40654 2 10434 1 30 3 12 2 97 34 Jan. 98 Jan. Mar. Mar. Feb. Jan. Apr. M-ar. Feb. Jan. Apr. Jan. Jan. Mar. Mar. Feb. Mar. Apr. Jan. Apr. Apr. Feb. 111101 13 100 54 6 10154 7110154 9 101 34 13'l0554 10 10554 Mar. 8 10554 Apr. 23 10434 Mar. 3 10554 Apr. 27 10434 Mar. 10534 Jan. 8754 Jan. 8834 Mar. 9854 9754 9834 98 9734 9734 97 34 99 10554 10534 10534 8854 8854 89 Jan. 4 3,000 89 Apr. 6 89 Apr. 6 8854 Jan. 101 54 .Tan. 10154 Apr. 29 10154 Apr. 29 10154 Apr. i',666 102 Apr. 26.162 "Apr! 26 102 10134 9734 9734 9834 9734 9834 87 9734 100 106 10554 89 83 92 34 113 9954 86 10634 9854 9854 8254 10054 9054 10354 93 9834 Apr. 1 10154 Apr. Apr. 6 9854 Apr. Apr. 9854 Apr. 9954 Apr. Apr. Apr. 9854 Apr. Apr. 9834 Apr. Apr. 8834 Apr. 99 Apr. Apr. Apr. 10134 Apr. Apr. 1 10934 Apr. Apr. I 10734 Apr. Apr. II 9254 Apr. Apr. ll 8554 Apr. Apr. 11 9534 Apr. Apr. 7 11454 Apr. Apr. 10, 99 34 Apr. Apr. 11 8854 Apr. Apr. 15 10734 Apr. Apr. 5 100 Apr. Apr. 1 10034 Apr. Apr. 3! 87 Apr. Apr. T103 34 Apr. Apr. 1! 9434 Apr. Apr. 1 106 Apr. Apr. 3 9534 Apr. Apr. 19 10034 Apr. Mar. Jan. Jan. Jan. Jan. Apr. Mar. Jan. 100 Mar. 105 Mar. 10554 Mar. 88 Mar. 92 113 98 8534 106 34 9654 9634 8134 10034 89 34 10354 9234 Mar. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 10134 10134 10254 9854 10154 10734 10034 100 107 9454 Mar. 30 10234 Jan. 22 Jan. 4 10314 Jan. 25 Mar. 4 10534 Apr. 21 Mar. 12 983* Mar. 12 Apr. 26 10334 Mar. 8 Mar. 3 10954 Feb. 6 Apr. 3 10254 Jan. 14 Mar. 22 10234 Feb. 9 Apr. 3 109 Feb. 3 Jan. 4 9834 Apr. 30 Apr. 12 48 Ts Feb. 20 Mar. 30 10134 Apr. 30 Mar. 10 10054 Apr. 6 Mar. 3,10034 Jan. 26, Jan. 18 99 Feb. 11 Jan. 14!l0134 Mar. 27 Apr. 7:100 Jan. 23 Jan. 6 9134 Apr. 24 Jan. 2 103 Feb. 15 Mar. 31110254 Feb. 24 Mar. 30T0234 Feb. 10 Jan. 2 9934 Feb. 19 Jan. 2 112 Jan. 18 Jan. 2 112 Jan. 6 Mar. 30,104 Apr. 23 Jan. 2 103 Jan. 26 Jan. 4 9954 Feb. 11 Apr. 81 94 Apr. 23 Apr. 26 11034 Jan. 18 6434 501,000 1,784,000 1,077,000 697,000 1,201,000 179,000 59,000 1,064,000 219,000 143,000 131,000 176,000 400,000 424,000 29,000 36,000 242,000 34,000 115,000 301,000 285,000 293,000 702,000 205,000 137,000 96,000 232,000 301,000 936,000 19,000 88,000: 98,000 134,000 119,000 341,000 404,000 44,000 29,000 35,000 139,000 58,000 34,000 13,0001 62,000 83,000 135,000 142,000 686,000 46,000: 41,000: 189,000i 2,000! 108,000 120,000 10134 9634 9634 9634 9634 Sale Sale Sale Sale Sale 10154 9754 9754 9854 9754 Sale Sale Sale Sale Sale 10154 9854 9834 9854 87 9634 10054 110 10734 93 86 9534 11334 9834 87 10734 9634 9654 8254 102 90 10734 9834 Sale Sale Sale Sale Sale Sale 8734 9734 100 106 106 89 8334 92 34 11354 9834 86 107 9834 9854 83 10054 9054 10354 9334 Sale Sale Sale Sale Sale Sale 9834 8754 9854 101 109 107 9254 102 102 103 Sale Sale Sale Sale Sale 11334 9934 8734 Sale 97 54 Sale Sale Sale Sale Sale Sale Sale 9854 Sale 9634 97 100 Sale 9734 9834 8854 8934 10054 Sale 10054 10134 10034 101 9634 Sale 11034 Sale Sale 110 10254 Sale 10134 Sale 93 9334 Sale 8534 Sale 9534 Sale 11354 11354 Sale 9934 Sale 10734 Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale 10334 Sale Sale Sale 109 Sale 4434 Sale 9934 100 100 10054 Sale 99 9734 98 99 54 10034 9634 99 9034 Sale 103 100 Sale Sale 100 9634 Sale 11054 Sale 11034 Sale 10254 Sale 10134 98 Sale 10234 102 103 34 9854 103 103 34 10234 108 10854 Sale 10154 102 34 10134 10034 Sale 10034 10754 109 107 34 9454 9434 9634 4534 46 9954 100 100 10034 Sale 98 34 Sale Sale Sale Sale Sale Sale 88 Sale Sale Sale Sale Sale 9934 88 106 34 100 100 8634 103; 93j 106 95 10034 Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale 10154 Sale 10234 10434 9854 10154 10854 10134 10134 109 9834 4254 10134 10054 9954 98 9034 96 34 9034 10154 10134 10154 9834 11034 110 10334 10234 9834 9354 10134 102 10354 9854 103 10134 Sale 10734 Sale 10034 Sale 10034 Sale 107 Sale 9634 4354 4234 Sale 9934 Sale 100 Sale 99 Sale 9634 9154 9954 97 98 9154 89 Sale 101 Sale 100 Sale 100 Sale 9634 Sale 11034 Sale 110 Sale 102 34 10134 Sale' 9734 Sale 9234 Sale Sale Sale Apr. 6 10234 I 10234 5 10534 lj 9834 26 103 3 109 3 10234 3 10134 3 10934 II 9834 12 4434 8 10134 3 10054 11100 23j 98 21 10134 7 9934 9134 103 102 10154 9854 112 30 112 6 104 5 10234 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 8 94 Apr. 12 9854 Apr. 10034 96 9534 9634 9554 9834 85 9634 8134 Mar. Feb. Mar. Apr. Jan. Jan. Mar. Mar. Jan. Apr. Mar. 9734 Jan. 4234 99 9954 9834 9554 9954 98 8854 10054 9954 9954 9534 11034 110 102 10134 93 34 9234 1 2 4 11 5 10234 Jan. 4 Feb. 19 99 99 Feb. 19 100 Mar. 16 Feb. 4 99 27 9834 Apr. 30 15 8834 Apr. 24 6 99 Apr. 23 24 10254 Jan. 25 30 11054 Feb. 11 31 10854 Feb. 10 31 95 “• Feb. 8 31 87 34 Feb. 18 31 9754 Feb. 15 7 115 Jan. 22 9 10014 Feb. 19 31 Apr. 27 IS 108 Jan. 5 Feb. 23 7 100 4 10134 Feb. 19 Apr. 30 31! 87 Feb. 9 30 104 8 9434 Apr. 23 1 10754 Mar. 29 30 9634 Mar. 1 9jl01 Feb. 19 May, 1926.} BONDS a. Y. STOCK EXCHANGE. Foreign Government (Concluded) — Dutch East -Ind 25-year ext ext 68.1947 ___ 3 Sales in April Par Value. S 388,000 341,000 130,000 123,000 24,000 52,000 276,000 27,000 25,000 1,156,000 1,287,000 3,049,000i 1,936,000 1,418,000 6,000 633,000 Price Jan. 2 1926. Bid. PRICES IN APRIL. April 1. Ask. Bid. J 1044 Sale 40-year extl sink fd gold 8s.. 1962 M S 1044 Sale 30-year extl g 54s___ Mar 1953 M 8 1024 Sale 102 Sale 30-year extl gold 54s-.Nov 1953 MN El Salvador (Rep) 8s________ 1948 J J 1054 107 88 Sale Finland (Rep of) exter 6s.....1945 M 8 External sinking fund 7s.__ 1950 M 3 954 Sale Finnish mun loan 64s A____ 1954 A O 904 Sale Extl 64s Ser B......................1954 A O 904 Sale Sale French Repub 25-year ext 8s..1945 M 3 101 20-year external loan 7 4s__ 1941 J D 974 Sale External 7s of 1924................ 1949 J D 884 Sale German Republic 7s----------- 1949 A O 1014 Sale German Dent Agrlc Bank 7s__ 1950 M S 944 Sale Gratz (Municipality) 8s-------- 1954.M N Grt Brit & Ire., 20-year 548-1937 F A 1044 Sale Registered__________________ F A 186,000 1174 Sale 10-year conv 5 4s. _ --------- 1929;F A 147,000 94 Sale Greater Prague (Oity) 7 4s----- 1952 M N 112,000 854 864 Greek Govt s f sec 7s________ 1964 M N 132,000 954 Sale Haiti (Rep of) Oust s f 6s -...1952!A O 17,000 Heidelberg (City) extl s f 7 4s- .1950 J -T 507,000 Hungarian Mun Loan 74s----- 1945 J J 476,000 964 Sale Hungary (King of) s f 7 4s—1944,F 449,000 100 Sale Indus Bk of Japan 6% notes_ 1927 F Italy (Kingdom) external 7s — 1951J D 1,475,000 944 Sale 467,000 944 944 Japanese Govt sterling In 4s..1931 J J Ext sf 64s______________ 1954 F A 1,321,000 924 Sale 820.000 85 Sale Oriental Development 6s.__ 1953 BI 8 228,000 83 Sale Lyons (City of) 15-year 6s.__ 1934 MN 202,000 824 Sale Marseilles (City) 15-yr 6s------ 1934 M N 32 Mexican Irrlg 4 4s__________ 1943 324 25,000 324 Sale Assenting s f 4 48_________ 1943 70 Mexico (US) extl 5s of 1899£..1945 Q J 45 24,000 424 Sale Assenting 5s of 1899_______ 1945 2,000 Asseutlng 5s large_____________ Assenting 5s small_____________ Gold debt 4s of 1904----------- 1954 J D 27 4 27 4 132,000 274 Sale Assenting 4s of 1904___________ Assenting 4s of 1904 large---------Assenting 4s of 1904 small--------Assenting 4s of 1910___________ J J 314 324 279,000 324 Sale Assenting 4s of 1910 large. 411,000, 284 Sale Assenting 4s of 1910 small ___ 112,000 464 Sale Treas 6s of 1913 assent (large) '33 J J 80,000, 45 4 Sale Small........................................... 261,000 96 Sale 1952 ,T D Montevideo s f g 7s_________ 1952 114,000 1084 Sale 1972 M 8 Netherlands s f 6s Flat________ 1972 205,000 1044 Sale 30-yr ext s f 6s----------------- 1954 1954 A 0 232,000 1004 Sale 1943 F A Norway 20 yr extl s f 6s_____ 1943 301,000 1004 Sale 20-yr extl s f 6s__________ 1944 1944 F A 143,000 1014 Sale 1952 A C 30-yr extl s f 6s----------------- 1952 703,000 954 Sale 1965 J D 40-year extl s f 54s_______ 1965 207,000 98 4 Sale Oslo (City) 30-yr s f 6s--------- 1955 BI N 42,000 100 1004 Panama (Rep) extl 54®-------- 1953 J D 151,000 1024 Sale Peru (Rep) extl 8s___________ 1944 A O 333,000 984 Sale External 74s.____________ 1940 M N 120,000 674 684 Poland (Rep of) g 6s--------------- 1940 A O 461.000 88 4 Sale External s f 8s____________ 1950 J J 190,000 994 Sale Porto Alegre (City of) 8s______ 1962 J D 171,000 1114 Sale Queensland State ext sf7s.__ 1941 1941 A O 62,000 Sale 25-year extl 6s_____________ 1947 F A 92.000 984 99 1946 A O Rio Grande Do Sul extl 8s----- 1946 127,000 97 4 Sale Rio de Janeiro 25-yr s f 8s____ 1946 A O 146,000 974 Sale 25-year extl s f 8s__________ 1947 A O 106,000 104 Sale Rotterdam (City) ext 6s______1964 M N 46,000 101 Sale San Paulo (City) s f 8s_______ 1952 BI N 66,000 103 Sale San Paulo (State) ext s f 8s__ 1936 1936 3 J 200,000 1024 Sale External s f 8s_____________ 1950 J J 185.000 Ext 7s water loan w i_____ 1956 M S 302,000 86 Seine Dept (France) 20-yr 7s.. 1942 J J 864 417,000 91 4 Sale Serbs. Croats & Slovenes 8s__ 1962 BI N 90,000 82 Solssons (City) extl 15-yr g6s..l936 M N 83 201,000 1044 Sale Sweden (Kingd) 20-yr 6s_____ 1939 J D 177,000 1014 Sale Extl g 54s ............................ 1954 MN 65,000 1164 Sale Swiss Confederation 8 f 8s____ 1940 J J 336,000 103 4 Sale Switzerland (Govt) ext 54s__ 1946 A O 76,000 66 4 67 4 Tokyo City loan of 1912 5s___ 1952 M S 64,000 984 994 Trondhjem (City) ext 64s —1944 J J 277,000 Upper Austria (Prav) extl 7s..l945 J D 222,000 110 Sale Uruguay (Rep) external 8s___ 1946 F A 112,000 Ext s f 6s w i______________1960 M N 30,000 108 1104 Enrich (City of) s f 8s______ 1945 A O Railroad 19,000 1014 102 Ala Gt Sou 1st cons 5s A_____ 1943 J D Ala Midland 1st gu g 5s............. 1928 M N 1004 1014 19,000 84 Alb & Susq conv 3 4s_______ 1946 A O 844 2,000 83 84 Allegh & West 1st g gu 4s____ 1998 A O Alleg Valley gen gu g 4s______ 1942 BI S 20,000, 924 93 4 27,000 754 764 Ann Arbor 1st g 4s______ July 1995 Q J Atch Top ASF gen g 4s_____ 1995 A O 1,157,000 90 Sale 3,000 Registered________________ 1995 A O 74,000 854 Sale Adjustment g 4s______ July 1995 Nov Registered________________ Nov 814 834 71,000, 854 854 Stamped___________ July 1995 M N Registered _______________ M N 814 ’ i’.ooo 854 Conv g 4s of 1909_________ 1955 J D D 18,000 854 Conv g 4s of 1905_________ 1955 16.000 834 834 Conv g 4s of 1910.................. 1960 _ D 6,000 984 East Okla dlv 1st g 4s_____ 1928 H 8 Rocky Mt dlv 1st 4s A____ 1965 J J 14,000, 864 87 19,000 88 Short Line 1st 4s gold-------- 1958 J 3 884 Cal-Arlz 1st A ref 44s......... 1962 n s 4,000 94 4 26,000 102 4 Atl Knox & No 1st g 5s_____ 1946 J D Atl A Char A L 1st 4 4s A....1944 J 964 984 1st 30-year 5s ser B_______ 1944 J 80,000 103 Sale Atlantic City 1st cons g 4s___ 1951 J J 844 Atl Coast L 1st cons 4s. July 1952 M S 51,000 09 924 10-year secured 7s.__ --___ 1930 M N 82,000 1064 Sale General unified 4 4s________ 1964 J D 123,000 944 954 L & N co Hat gold 4s------ Oct 1952 MN 205,000 944 944 Atl& Danville 1st g 4s_______ 1948 J 3 47,000 774 78 Second 4s-------------------------- 1948 J 19,000 664 684 Atl & Yadkin 1st gu g 4s-------- 1949 O 203,000 754 77 Austin & N W 1st g 58________ 1941 J 82,000 994 101 o 82.000 90 Sale Balt A Ohio 1st g 4s____ July 1948 Registered__________________ J 142,000 874 884 s 1,252,000 94 Sale Convert 4 4s--------------------- 1933 M S Registered______ 3,000 Refund A gen 5s ser A_____ 1995 , J D 763,000 934 Sale 1st gold 5s________________ 1948 A O 1,214,000 104 Sale 10-year 6s_________________ 1929 J J 467,000 103 Sale Ref and gen 6s, series O.—1995 J D 785,000 1044 Sale PLE & W Va Sys ref g 4s..1941 M N 243,000 894 Sale Southw Dlv 1st 5s-------------- 1950IJ 1,084,000 98 Sale Tol Oin Dlv 1st & ref 4s..-.1959 J 448,000 744 Sale Battle Creek & Sturgis gu 3s.. 1989 J 604 62 Beech Creek 1st gu 4s________ 1936 J 2,000 92 4 944 Registered------------------------------ J 95 93 2d guaranteed 5s___________1936 J 97 4 994 Beech Creek ext 1st g 34®.___ 1951 A 13.000 774 Big Sandy Ry 1st 4s---------------1944 3 189,000 894 Boston ANY Air Line 1st 4S..1955 F 20,000i 74 744 Brunsw A Western 1st gu g 4s .'38 J 924 94 Buff Roch A Pitts gen 5s_____ 1937 M S 4,000 1014 M N Sale Consol 4 4s............................. 1957 315,000 874 Registered_________________ BI N Burl Ced Rap A Nor 1st 5s___ 1934 A O 5,000 1004 1014 Canada Sou con gu 5s_______ 1962 A O 29,000 102 4 ____ Canadian Nat 4 4s__ Sept. 15 1954 M S 20,000 93 4 93 4 5-year gold 4 4s----- Feb. 15 1930 F A 76,000 ' 98 4 984 13 BONDS-STOCK EXCHANGE RECORD i April 30. Ask. Bid. Sale 1104 4 Sale 1044 Sale |102 4 Sale 11024 W-t 1064 1064 Sale 864 Sale 97 Sale 904 Sale 904 Sale 103 Sale 984 Sale 91 Sale 1034 Sale 984 97 1044 Sale 1044 I____ 1184 Sale 1184 944 Sale 964 85 854 Sale 97 4 Sale 974 984 89 86 Sale 98 934 Sale 1004 Sale 1004 944 Sale 944 87 854 Sale 954 93 4 Sale Sale 894 884 83 Sale 864 83 Sale 864 284 30 334 30 Sale 334 40 40 66 384 Sale 414 1034 104 1024 1024 106 844 944 894 894 100 944 87 1014 954 21 224 22 4 25 4 1014 1004 85 824 924 774 904 854 82 4 854 824 844 854 844 994 87 4 89 4 954 1024 97 103 85 934 106 954 92 75 654 764 100 904 884 964 954 102 4 1024 1054 904 99 4 764 60 4 934 92 4 974 80 904 73 944 102 88 4 88 1004 103 4 94 984 Lowest. Highest. Sale Prices I Sale Prices 105 Apr. 27 105 Apr. 27 103 Apr. 10 1024 Apr. 23 1064 Apr. 17 874 Apr. 98 Apr. 16 91 Apr. 5 91 Apr. 1034 Apr. 30 99 4 Apr. 24 914 Apr. 30 1034 Apr. 30 984 Apr. 30 98 Apr. 27 105 Apr. 10 Sale Prices Sale Prices. 1034 1034 102 1204 106 844 944 894 894 100 944 87 101 4 954 97 Sale 97 854 Sale 984 Sale Sale Sale Sale Sale Sale Sale Sale Sale 33 4 Sale 66 Sale 1184 Apr. 15 1184 98 944 Apr. 85 Apr. 864 Apr. 98 Apr. 984 Apr. 894 934 Apr. 964 100 Apr. 1004 944 Apr. 944 854 Apr. 874 93 4 Apr. 954 874 Apr. §94 82 Apr. 87 87 824 Apr. 264 Sale Sale 46 Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale 664 Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale 115 Sale Sale 100 Sale Sale Sale RANGE SINCE JAN. 1. Highest. Sale Sale Sale 103 1064 864 Sale Sale Sale Sale Sale Sale Sale Sale 984 Sale 24 ______ 264 Sale 264 284 264 454 46 97 Sale 100 1064 1074 1074 103 4 Sale 1044 1004 Sale 1014 1014 Sale 101 1004 Sale 1014 97 954 Sale 99 4 Sale 101 1024 Sale 1024 1034 Sale 1034 984 984 Sale 66 Sale 664 87 Sale 864 99 4 Sale 101 1104 Sale 1114 1044 Sale 102 1014 Sale 1024 99 4 Sale 1004 994 Sale 101 1044 105 104 4 1004 Sale 1044 1044 Sale 104 102 Sale 103 964 964 Sale 87 Sale 894 92 90 Sale 82 Sale 854 1044 Sale 104 4 1024 Sale 1024 1164 Sale 1144 1044 Sale 1044 714 694 70 1004 1004 994 90 Sale 924 107 1074 109 4 964 224 Sale 46 Ask. I Lowest. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Aprl Apr. Apr. Apr. 1044 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 7 5 9 1 29 23 26 24 26 29 30 26 304 Apr. 13 334 Apr. 30 384 Apr. 41 Apr. 43 Apr. 30 41 4 Apr. 22 224 Apr. 5 264 Apr. 30 25 224 434 404 96 4 1064 1034 1004 1004 1004 954 994 102 1024 974 66 86 994 1104 104 4 1004 994 994 1034 1004 1034 1014 964 86 894 82 1044 1024 115 1024 684 994 90 1074 964 1064 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 284 264 454 46 100 1074 1044 1014 1014 1014 97 1014 1024 104 994 68 89 1014 113 1054 102 4 1014 1014 105 1044 105 104 974 894 92 854 1054 1034 1164 1044 714 1004 924 110 97 107 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr Apr. Apr. Apr. 1034 Mar. 31 1054 Jan. 1034 Mar. 18 1054 Jan. 1014 Mar. 4 1034 Jan. 102 Jan. 2 103 4 Jan. 103 Mar. 3 1064 Jan. 844 Apr. II 90 Feb. 944 Mar. 311 98 Jan. 894 Apr. 3 924 Jan. 894 Mar. 30 92 4 Jan. 984 Mar. 31 1034 Apr. 924 Mar. 30 99 4 Feb. 864 Mar. 31' 914 Apr. 1014 Jan. 9 1034 Apr. 94 Jan. 5 984 Apr. 97 Apr. 171 98 Apr. 1044 Mar. 6 1064 Jan. 1054 Jan. 29 105 4 Feb. 1174 Jan. 6 119 Feb. 924 Mar. 30 99 Feb. 84 Mar. 31 874 Feb. 954 Jan. 2 98 4 Feb. 98 Apr. 29 98 4 Apr. 844 Mar. 31 894 Apr. 934 Mar. 31 98 Feb. 994 Jan. 4 1004 Jan. 94 Feb. 3 944 Apr. 834 Jan. 4 874 Apr. 924 Jan. 2 954 Apr. 85 Jan. 2 894 Feb. 814 Mar. 31 87 Apr. 814 Mar. 31 87 Apr. 30 Feb. 27 31 Jan. 284 Mar. 4 344 Jan. 424 Feb. 4 454 Jan. 43 Jan 344 Mar 38 Mar. 30 414 Apr. 18 18 21 21 5 17 21 22 22 30 — 18 30 30 30 27 29 10 18 20 11 16 29 23 5 26 5 24 26 16 30 26 25 4 7 2 22 27 4 Jan. 29 274 Jan. 29 204 Mar. 31 294 Jan. 4 234 22 414 40 96 1064 1034 994 100 1004 95 984 1004 1014 97 66 86 984 1104 1044 984 974 97 1034 1004 7 1102 101 874 82 1044 1014 115 1024 67 994 90 1074 964 1064 1024 Apr. 9 103 Apr. 19 1014 1024 1024 101 101 ------1004 101 844 86 Apr. 864 ------ 854 Apr. 83 ____ 824 Apr. 824 824 Apr. 95 Sale 94 Apr. 95 Apr. 94 924 Sale 77 Apr. 754 804 Sale 814 Apr. Sale 89 4 924 Sale 904 Apr 934 Apr. 884 894 Apr. 904 Apr. 844 884 Apr. 854i 874 884 85 Apr. -------1 824 854 874 90" 85 Apr. 6 874 Apr. 28 844 . - . I 83 4 ------- 824 864 Apr. 19 84 4 844 864 864 Apr. 86 Apr. 88 Apr. 15 ' 84 4 87 86 854 Apr. 854 Apr, 2 , 834 854 87 100 99 994 Apr 20 98 4 994 984 Apr. 884 Apr. 894 Apr, 26H 864 894 894 90 92 Apr. 30 88 90 92 Sale 894 Apr. 96 Apr. 20 I 944 994 954 Apr. 954 96 1034 Apr. 1034 Apr 5 1034 1034 ... I 96*4 98 984 97 1024 Apr. 3 104 Apr. 29 1024 1034 1034 85 92 4 95 934 Apr. 944 Apr. 944 Sale 106 1064 106 Apr. 107 Apr. 1054 954 Apr. 984 Apr. 944 984 Sale 91 9l Apr. 934 Apr. 924 93 Sale 76 77 76 Apr. 794 Apr. 794 Sale 65 Sale 69 Sale 65 Apr. 69 Apr. 764 Sale 80 Sale 80 Apr. 764 Apr. 1004 1004 Apr. 1014 Apr. 1004 1004 Sale 92 Sale 904 Apr. 894 924 Apr 88 904 Apr. 904 Apr. 884 94 Sale 97 Sale 964 Apr. 974 Apr. 884 884 Apr. 884 Apr. 93 4 Sale 95 Apr. 984 Apr. 974 Sale Sale 104 1044 1024 Apr. 1024 105 Apr. Sale 103 Sale 1024 Apr. 1024 1034 Apr. 104 Sale 1074 Sale 1054 Apr. 1084 Apr. 91 894 914 924 904 Apr. 92 4 Apr. 98 Sale 1014 Sale 994 Apr. 1014 Apr. Sale 744 764 Apr. 804 Apr. 794 Sale 61 614 65 96 944 Apr. 13 944 Apr. 13 93 954 95 95 924 98 814 814 814 Apr. 814 Apr. 89 ■'* 914 Apr. 914 89 4 914 91 Apr. 724 724 Apr. 744 Apr. 734 74 Sale 93^4 944 ___ 1024 1014 1024 Apr. 1024 Apr. 87 4 92 Apr. 89 914 Sale I 884 Apr. ___ 87 4 ____ 1004 ____ '101 Apr. 23 101 Apr. 1004 Sale 1044 Sale 1034 Apr. 3 1044 Apr. 102 4 93 4 94 4 94 4 914 94 Apr. 14 944 Apr. Sale 984 99 1 984 Apr. 6 99 Apr. 984 Mar. 1 32 4 Mar. 31 294 Mar. 25| 47 Mar. 30 47 Jan. 2 100 Mar. l!l094 Feb. 15 1044 Mar. 30 102 Mar. 311024 Mar. 30,102 4 Jan. 41 97 4 Mar. 30 1014 Jan. 5 1024 Mar. 3 105 Mar. 9 994 Mar. 311 684 Apr. ll 91 Jan. 8 1014 Mar. 9 114 Mar. 31 106 Jan. 2 102 4 Jan. 2 1024 Jan. 7U01 4 Apr. 22 105 4 Mar. 31 1044 Jan. 2|1064 Jan 4 104 4 Mar. 31 974 Mar. 30, 90 4 Mar. 30 94 Mar. 31 854 Apr. 6 1054 Jan. 4 1034 Apr. 16 1174 Apr. 8 106 Jan. 6 714 Jan. 4 101 Mar. 13 94 Mar. 31 111 ADr. 22 97 Mar. 29 1104 24^103 Feb. Jan. 4 1014 Jan. 12, 86 Apr. 13, 824 Jan. 8 95 Jan. 5 814 Jan. 4 93 4 Mar. l' 904 Mar. 8 884 Mar. 3 87 4 Jan. 22l 834 Jan. 15 87 Jan. 23! 88 Jan. 4' 864 Jan. 18 100 Jan. 41 894 Jan. 4 92 Jan. 5 96 Apr. 5 1034 Jan. 23 974 Mar. 3 104 Jan. Mar. Jan. Apr. Apr. Mar. Apr. Mar. Mar. Jan. Jan. Apr. Jan. Mar. Mar. Mar. Jan. Jan. Jan. Feb. Jan. Apr. Jan. Apr. Jan. Mar. Jan. Feb. Jan. Feb. Jan. Jan. Jan. Jan. Jan. Jan. Feb. 15 Feb. 24 Jan. 2 Feb. Feb. Feb. 11 Jan. 30 Apr. 30 Mar. 16 Feb. 19 Apr. 6 Feb. 26 Feb. 20 Mar. 3 Jan. 22 Jan. 6 Apr. 30 Mar. 1 Feb. 24 Feb. 25 Apr. 30 Feb. 16 Feb. 16 Apr. 16 Feb. 1 Feb. 15 Apr. 30 Mar. 1 Feb. 20 Jan. 9 Mar. 23 Apr. 30 Jan. 26 Mar. 31 Jan. 4 Apr. 21 Jan. 6 Apr. Jan. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 19 4 23 19 15 30 12 8 29 Apr. Jan. Feb. Mar. 28 22 24 15 Mar. 4 Mar. 17 Apr. 26 Apr. 30 Apr. 20 Apr, 5 Jan. 26 Apr. 29 41 944 5 107 4 984 8 944 10 794 31( 694 1 80 2 1014 4 924 11 904 2 974 5 88 4 2' 984 3 105 24 103 4 3 1084 71 924 2 1014 804 62 4 95 Mar. 8 Jan. 5 Apr. 30 Jan. 15 Apr. 30 Jan. 11 Apr. 30 Apr. 15 Apr. 23 Apr. 14 Apr. 23 Apr. 5 Apr. 23 Apr. 24 Jan. 21 Apr. 24 Apr. 23 Apr. 23 Apr. 27 Feb. 20 Mar. 17 26 814 30! 914 9. 764 27 93 4 16 102 4 4 92 19 87 4 23 101 4 17 1044 30 944 41 99 4 Apr. 15 Apr. 6 Feb. 24 Jan. 29 Feb. 15 Feb. 19 Apr. 23 F«b. 24 Apr. 30 Mar. 3 Feb 2 14 BONDS-STOCK EXCHANGE RECORD BONDS 7. STOCK EXCHANGE. Canadian No deb 8 f 7s______ 1940 J 25-year deb sf6)$8 g_____ 1946'J 10-year gold 4>$s__ Feb. 15 1935 F Canadian Pac 4% deb stock______ |J darn <* Shaw 1st g 4s________ 1932 M Caro Cent 1st cons g 4s______ 19491J Caro Clinch & Ohio 1st 5s____ 1938 J 1st & con g 68 series A_____ 19521J Cart & Ad 1st gu g 4s----------- 1981 J Cent Br Un Pac 1st g 4s_____ 1948 J Cent of Ga Ry 1st g 5s___ Nov 1945 Consol gold 5s_____________ 1945 Registered______________ 1945 10-yr 6% secured bonds------ 1929 Rer& gen 5 Josserles B_____ 1959 Chat Div pur money g 4s—1951 Mac & Nor Div 1st g 5s------ 1946 Mobile Div 5s......................... 1946 Oent N E 1st guar 4s_________ 1961 0 O Reorg 1st con g 414 s------- 1930 Jen RR & Bkg of Ga col g 5s. .1937 Central of N J gen g 5s---------- 1987 Registered____________________ Oent Pac 1st ref gu g 4s______ 1949 Mtg gu g 334s________ Aug 1929 Through St L 1st gu g 4s.... 1954 Guar 5s_________________ I960 Charles & Sav 1st g 7s----------- 1936 Ohes & O gen fnd & Imp 5s.—1929 1st cons gold 5s----------------1939M N Registered________________ 1939 MN General gold 414s__________ 1992 “* Registered___________________ Convertible 414s___________ 1930 Conv secured 5s___________ 1946 Registered___________________ Craig Valley 1st g 5s_______ 1940 Potts Creek Br 1st 4s_______ 1946 R & A Div 1st con g 4s______ 1989 J R & A Div 2d con gold 4s------ 1989 J Warm Spring Val 1st g 5s—1941 M Ohlc & Alt RR ref g 3s_______ 1949 Registered__________ ___ Oertlf deposit stpd Apr 1926 Int Ctfs dep coup Jan 1923 on. Registered. Registered Registered 1st & ref 5s Ser A___________1971 Ohlc & E Ill (new co) gen 5s__ 1951 Ohlc & Erie 1st gold 5s_______ 1982 Ohlc Gt West 1st 50-yr 4s......... 1959 Refunding gold 5s__________ 1947 Refunding 4s Series C______ 1947 1st & general 5s Ser A_______ 1966 1st & gen 6s Ser B____ May 1966 Ohlc Ind & Sou 50-yr 4s_____ 1956 Ohlc LS & East 1st 4Hs_____ 1969 O M & Puget Sd 1st gen 4s.__ 1949 Certificates of deposit Ohlc Mil & St P gen g 4s.May 1989 Gen g 334s Ser B_____ May 1989 Gen 434s Ser O______ May 1989 Registered_______ Gen & ref Ser A 434s__ Jan 2014 Certificates of deposit_______ Gen ref conv Ser B 5s.-Jan 2014 Certificates of deposit 1st sec gold 6s____________ 1934 Convertible 4 J4 s______ __ 1932 Certificates of deposit 4s...............................................1925 Certificates of deposit 4s............................................... 1934 Certificates of deposit_______ Oh & Mo Riv Div 5s................ 1926 Oh & N W extens 4s_____ 1886-1926 Registered_________ 1886-1926 General gold 334s__________ 1987 Registered_________________ General 4s________________ 1987 Stamped non-payt Inc tax .1987 General 5s stamped________ 1987 Sinking fund 6s_______ 1879-1929 Registered................. 1879-1929 Sinking fund 5s______ 1879-1929'A O Registered.................. 1879-1929 A O Sinking fund deb 5s________ 1933 M N Registered__________________ 10-year secured 7s__________ 1930 15-year secured 614s________ 1936 1st & ref g 5s________ May 2037 Ohlc R I & Pacific gen g 4s____ 1988 Registered______________ 1988 Refunding gold 4s__________ 1934 Registered _____ . ______ Chic S L & N O Mem Div 4s__ 1951 Registered_______________________ Oh St L & P cons g 5s________ 1932 Registered______________ Ohlc St P M & Om cons 6s.__ 1930 Cons 6s reduced to 334s......... 1930 Debenture 5s_____________ 1930 Stamped_________ Ohlc T H & S'east 1st 5s........... 1960 Income guar 5s........... Dec 1 1960 Ohlc Un Sta 1st gu 434sA___ 1963 1st 5s Series B_____________ 1963 Guaranteed gold 5s....... ........... 1944 1st 634? Series O___________ 1963 Ohlc & W I gen g 6s_____ Dec 1932 Consol 50-year 4s__________ 1952 1st & ref 534s series A______ 1962 □hoc Okl & G consol 5s_______ 1952 Oln Ham & Day 2d g 434s......... 1937 Oln I St L & O 1st 4s--__ Aug 1936 Registered ................... -Aug 1936 Oln L & N 1st con gu g 4s____ 1942 Oln S & Cl cons 1st g 5s______ 1928 0 O O fc St L gen g 4s_______ 1993 20-year debenture 434a____ 1931 Gen 58 Series B____________ 1993 Ref k Imp 6s Series A_______ 1929 Ref fc Imp 6s Series O______ 1941 Ref & Imp 5s Ser D_______ 1963 Cairo Div 1st gold 4s______ 1939 Oln W fc M Div 1st g 4s___ 1991 St 1* Div 1st coll trust g 4S..1990 T> aoK si*,ai*aH ftp & Col DlvTstg" 4i”"";i946 W W Val Div 1st g 4s........... 1940 Olev Col O & Ind 6s............... 1934 J [Vol. 122. RANGE SINCE JAN. 1. May, 1926.] Sales in April Par Value, BONDS N. Y. STOCK EXCHANGE. Clev Lor & W con 1st g 5s.__ 1933 A O Olev & Mahon Val g 5s........... 1938 J J Olev & Mar 1st gu 454a_____ .1935 M N Olev & Pitts Series A 454a.... 1942 J J Series C 3 54s............................ 1948 M N Series D________ _ ________ 1950 P A Clev Short Line 1st gu 454s—1961 A O Olev Un Term’ls 1st sf 554S--1972 A O 1st s f g 58 Ser B__________ 1973 A O Ooal RIv Ry 1st gu 4s----------- 1945 J D Oolo & Southern 1st g 4s------- 1929 F A Refunding &. ext 4 54s---------- 1935 M N Ool & Hock Val 1st ext g 4s.__ 1948 A O Ool & Tol 1st ext 4s_________ 1955 P A Conn & Pas Rivs 1st g 4s-------- 1943 A O Consolidated Ry non-conv 4a—1930 F A Non-conv debenturs 4s------- 1954 J J Non-conv debenture 4s------- 1955 J Non-conv debenture 4s------- 1955 A Non-conv debenture 4s------- 1956 J Cuba RR 1st 50-yr 5s g---------- 1952 1st & refund 754s Ser A----- 1936 Cuba North Rys 6s stmpd------ 1966 Day & Mich 1st con 4 54a--------- 1931 Del* Hud 4s................................. 1943 M N 10-year convertible 5s--------- 1935 A O 15-year 554s.............................1937 M N 10-year secured 7s__________ 1930 J D D R R & Bdge 1st gu 4s g-------1936 Den & R G 1st cons g 4s-------- 1936 Consol gold 4 54a-----------------1936 Improvement gold 5s---------- 1928 Denv & Rio Gr West 5s-----------1955 Des M & Pt D 1st gu g 4s------- 1935 Temporary ctfs of deposit__ ___ Des Pities Val 1st gu 414s----- 1947 M S Det & Mack 1st lien g 4s------- 1995 J D Gold 4s...................................... 1995 J D Detroit River Tunnel 454s—1961 M N Dul Missabe & Nor gen 5s.---- 1941 J J Dul & Iron Range 1st 5s---------1937 A O Dul So Shore & Atl g 5s.......... 1937 J 3 1,000 5,000 6,000 52,000 63,000 2,000 87,000 110,000 27,000 4,000 4,000 114,000 19,000 231,000! 95,000 461,000 34,000 29,000 1,000 550,000 144,000 382,000 707,000 3,000 8,000 98,000 2,000 14,000 10,000, Price Jan. 2 1926. Bid. 10154 99 96 M 99 54 8154 8154 98 105 54 100 M 86 M 98 M 95 54 10254 85 54 80 59 65 65 65 8854 105 54 92 M 97 M 109 M 112)4 10354 109 93 M 8554 89 98 6554 44 41M 93 54 70 65 94 54 102 10154 85 PRICES IN APRIL. April X. April 30. Ask. Bid. Ask. Bid. 102 ilOlM Sale 102 9954 9954 97 M 97 54 9614 9954 10154 84 8454 8554 84 85 85 54 8554 99 98 M 98 54 10654 106 10654 10754 100 M 10354 Sale 103 M 87 54 87 % 8854 99 98 54 Sale 9854 Sale 97 95M Sale 103 M 87 8854 90 8654 82 M 80 M 85 M 82 M 90 87 '70"' 6754 69 6754 67 M 71 6754 6754 70 6754 Q3 92 Sale 89 Sale 106 M 107)4 10654 92 54 96 Sale 9654 98)4 9854 Sale 92 M 92 54 9354 Sale 110 Sale 11154 Sale 104 M Sale 10454 100 107 M 10754 10754 94 95 M 93 54 95 Sale 91 87 M Sale 89 M 91M Sale 9254 98 54 9854 Sale 9954 Sale 63 M Sale 65 M 49 44 47 M 44 42 Sale 40 45 95 93 54 95)4 93 54 72 7154 70 7154 70 70 71M 65 95*4 9554 9654 104 10254 102 54 10154 10254 10154 8754 87 85 M 87 Lowest. Ask, Sale Prices 10254 10154 Apr. 9954 86 84)4 Apr. 103 Sale Sale Sale Sale 99 10554 103 8754 9854 9554 Apr. Apr. Apr. Apr. Apr. Apr. 8754 Apr. J J J J A A M A MN MN J J J J MN MN MN J J J 5,000 3',666 9,000 142",666 52,000 35,000 113,000 9,000 J 2,000 ¥,666 255,000 1,000 8.000 4,000 9154 87)4 8234 79 M 8234 78 76 8754 83 9034 81M 79 85)4 9654 9154 96 M 8354 Sale 83 8354 83 66 8954 84)4 8754 91 9254 8254 89 79 )4 86 Sale 8254 10554 Sale 10554 107 103 Sale 10254 103 M 112 Sale 11254 Sale 90 M 9154 73 M 73 54 8034 8154 83 7854 Sale 8054 73 54 73 M 73 54 74 73 54 81M 82 8254 7954 82 M 86 M 90 8954 89 M 100)4 Sale 104 107 M 10154____ 7954 ------89 95 90-54 ____ 8954 9154 93 102 M____ 10054 10054 ......... 100M 102 M 91 84 83 M 8354 71 88 M 87 M 92 82 82 M Sale 86 Lowest. Highest. Sale Prices. Sale Prices. Sale Prices. 101M Apr. 1 10154 Jan. 4 102M Mar. 29 6 86 10054 108 10454 8854 99 9754 7 90 9654 Mar. 4 9654 Mar. 4 10154 Mar. 15 101M Mar. 15 8354 Mar. 23 86 Apr. 8 Apr. 9754 Jan. 10054 Apr. 9 Apr. 108 Jan. 15 105M Peb. Apr. 100)4 Jan. 104)4 Apr. 30 Apr. 8654 Peb. 8654 Apr. 28 Apr. 98)4 Jan. 9954 Mar. 5 Apr. 9554 Jan. 9754 Mar. 13 87 M .Tan. 87 M Jan. 6 Apr. 29 8754 Apr. 90 Apr. 29 81 Jan. 82 M Jan. 29 82 Mar. 20 75M Jan. Apr. 73 Apr. 28 6554 Jan. Apr. 73 Apr. 28 65M Jan. Apr. 8 10554 110 95 91 94 100 7054 47 M 47 Feb. 16 Apr. 29 Peb. 11 Apr. 12 Peb. 17 Apr. 23 Mar. 12 Mar. 15 Jan. 2 Apr. 8 Apr. 30 Apr. 24 Apr. 27 Feb. 11 Jan. 28 Jan. 12 Jan. Feb. Jan. Apr. Mar. Feb. 5, 72 1 65 5| 9654 6 10354 4 10254 13 8754 Mar. 19 Feb. 1 Apr. 24 Apr. 7 Apr. 14 Mar. 19 Mar. Jan. Jan. Jan. Jan, Apr. Jan. 23 22 4 27 6 91 101 10454 103 104 10854 7954 Mar. 23 Mar. 5 Apr. 17 Apr. 21 Apr. 28 Jan. 9 Apr. 23 65M Jan. 8854 Jan. 105 Jan. Sale 91M Apr. 10654 Apr. 96 Apr. Sale Sale Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 9454 11254 10554 108 95 91 94 100 6654 44 42 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 108 54 10254 107 9454 8554 89 95 54 62 44 39 Mar. Mar. Mar. Feb. 17 Jan. 2 Jan. 5 Mar. 2 Mar. 31 Feb. 16 Apr. 29 Apr. Apr. Apr. Apr. 96M 10354 10254 8754 Apr. Apr. Apr. Apr. 70 65 94 103)4 10154 85 10054 10454 103 104 107M 7954 Apr. Apr. Apr. Apr. Apr. Apr. 91 10054 10254 10154 10254 10754 74M Sale Sale 92M 10954 10354 108 10754 96 95 Sale 8754 9354 91)4 Sale 9854 Sale 6254 44 49 39 42 9554 72 Sale 9554 ! 10354 103 110154 Sale ' 85 96 9354 Apr. 107 Apr. 9754 Apr. 1 71 Apr. 23 9654 7254 72 M 8054 10854 10854 Apr. Apr. Apr. Apr. Apr. Apr. 8454 9954 10054 9754 9954 61 Apr. Apr. Apr. Apr. Apr. Apr. 92M Jan. 975t Peb. 9054 Jan. 70 9354 107 97 54 9854 94 M 11654 7154 Peb. 13 6854 Feb. 19 Peb. 9 Feb. 24 Peb. 24 Jan. 4 10854 Apr. 28 10854 Apr. 24 92 Mar. 22 8954 Mar. 24 8454 Apr. 30 100 Peb. 26 10054 Feb. 6 9754 Mar. 2 9954 Jan. 29 6454 Jan. 21 64 Mar. 65 Feb. 9654 Mar. 6754 Mar. 6754 Mar. 7354 Mar. 104 Jan. 10454 Jan. 86 Jan. 89 Mar. 83 J Apr. 98 Mar. 9854 Jan. 9554 Jan. 97 Mar. 5954 Jan. liy‘ Jan. 5 10554 Jan. 27 [Apr. 6 98 Mar. 8 Jan. 12 10854 Feb. 1 100 Apr. 10054 Apr. 10054 Feb. 20 Jan. 26 101 10054 Apr. 10054 Jan. 9754 Apr. 93M Jan. 97 54 Mar. 17 96 Jan. 9854 Apr. 9854 Apr. 30 100 54 Jan. 23 10054 Apr. 100M Jan. Feb. 16 72 Apr. 63 Feb. I?* 97 Feb. 24 9554 Jan. 116 Feb. 15 115 Apr, 11454 Apr. 10754 Peb. 2 106M Jau. 10754 Apr. 10954 Jan. 11454 Apr. 23 11454 Apr. 11254IPeb. 11354 Apr. 19 11354 Apr. 97 Apr. 27 97 Apr. 93 Mar. 10254 Jan. 10654 Apr. 23 10654 Apr. 97 54 Jan. 102 54 Apr. 23 5 10254 Apr. 7954 Feb. 1 78M Peb. 1954 Jan. 30 6 17 Apr. 12 1354 Mar. 8854 Jan. 5 8854 Jan. 101 Mar. 17 10454 Apr. 10454 Apr. 6 105 Jan. 27 105 Apr. 10354 Mar. 9154 Jan. 81 9554 Apr. 9554 Apr. 22 19 9854 Apr. 27 9554 Jan. 5 98)4 Mar. 17 27 10254 Apr. 27 100 Mar. 9 102 54 Apr. 27 -- (10154 Mar. 22 10154 Mar. 22 3 99 54 Apr. 27i 9654 Jan. 9954 Apr. 27 101 Mar. 22 __ '101 Mar. -JlOO Peb. 10154 Mar. 27 98 Apr. 22 98 Apr. 92 54 Jan. 97 Apr. 27 97 Apr. 97 Apr. 82 Feb. 11 8154 Apr. 26 7554 Jan. 9654 Apr. 10854 Apr. 103 96 107 9754 Apr. 15 9754 Apr. 12, 9254 93 85 Apr. 13 83)4 Apr. 8354 8354 8554 83 54 8554 8354 67 8954 9154 8954 91 54 93 8254 8554 8754 Sale 107 10354 11254 9154 7654 82 54 RANGE SINCE JAN. 1. Highest. 6754 Apr. 6754 Apr. Bast Ry M No Dlv 1st g 4s...1948 A O 9154 92)4_________ 90M......... 9154 92 5,000 10054____ 10054 ------ 10054 ____ 10054 Apr. Bast Tenn Va & Ga dlv 5s----- 1930 J J 11,000 102)4......... 10354 Sale 10554 10554 10354 Apr. Cons 1st gold 5s---------------- 1956 M N 10,000 10154 102 M 10254 105 103 105 103 Apr. Blgln Jol & Bast 1st g 5s---- ---1941 M N 8,000 10254 103 BI Paso & S W 1st A ref 5s..-.1965 A O 10354 ------ 104 ____ 10354 Apr. 16,000 108 10834 10754 Sale 10754 107 54 10754 Apr. Erie 1st con extended at 7% to 1930 M 8 524,000 7454 Sale Brie 1st con & prior 4s------------1996 J J 7654 Sale 7954 Sale 1 76)4 Apr. Registered________________ — J 7154 74 7254 -----1,297,000 68 Sale 1st consol gen lien g 4s------- 1996 J 6554 Sale 6954 Sale 6554 Apr. Registered______________ ____ J 2,000 9654------- 9654 Sale Penn coll trust g 4s. ---------- 1951 F 9654 Apr. 9754 50 yr conv g 4s Ser A-------- 1953 A 599,000 6954 Sale 69 Apr. 69 Sale 7254 Sale 705,000 69 M Sale Do do Ser B............ 1953 A 70 Sale 6954 Apr. 7254 Sale Gen conv 4s Series D-----------1953 A 771,000 84 Sale 75 Apr. 7954 Sale 7554 Sale (trie & Jersey 1st s f 6s--------- 1955 J 39,000. 103 M 10454 10654 Sale 10854 Sale 106M Apr. Genesee Rlv RR 1st s f 6s—1957 J 54.0001 106 10654 10754 Sale 106M Apr. Erie & P gen gu g 354a B-------- 1940 J 85 % 88 M 89 M 8854 Series C 354s-------------------- 1940 J 8554 88 M 89 M 8854 Est Railroad extl s f 7s----------- 1954 MN 69.000 83 Apr. 8454 Sale Pla Cent & Pen ext g 5s-------- 1930 J J 34,000 10054___ 100 9954 Apr. 10054 Consol gold 5s------------------- 1943 J J 9.000 99 54 100 10054 10154 10054 102 100)4 Apr. Pla East Coast 1st 454s..------ 1959 J D 35,000 9554 Sale 97 9654 Apr. 9654 Sale 1st & ref 5s ser A---------------1974 M S 2,367,000 98 Sale 9754 Apr. 9754 Sale 9954 Sale Ponda Johnst & Glov 454a.---- 1952 MN 23,000 5934 Sale 59M Apr. 6054 60 M 60 Sale Port St U D Co 1st g 454a----- 1941 J J 91 90M-----9254 Pt Worth & Denver City 5548-1961 J D 105 10554 10554 Ft W & Rio Gr 1st g 4s.............1928 J J 6,000 96 97 96 M 9654 Sale 97M 96 Apr. Prem Elk A Mo V 1st 6s........ 1933 A O 47,000 107 10854 Sale 10854 110 10854 Apr. Gal H A San Ant M A P 1st 5s. 1931 M N 7,000 10054 101M 100 Apr. 10054 101M 101 2d guar exten 5s---------------- 1931 J J 17.000! 10054 10054 100 10054 10054 10054 10054 Apr. Galv Hous A Hend 1st 5s------- 1933 34,000 93 M 9454 96 9654 Sale 9554 Apr. Ga A Ala 1st cons 5s----- Oct. 1945 35,000 95 M "96" 9654 Sale 9654 Apr. 9854 Sale Ga Car A Nor 1st gu g 5s---------1920 4,000 100 M 10054 10054 100 10054 10054 Apr. Georgia Midland 1st 3s........... 1946 9,000 65 69 71 68 71 72 6954 Apr Gr R A I ex 1st gu g 4 Ms------- 1941 96 M 9954 9454 96 Grand Trunk of Can a f 7s.---- 1940 54,000 115 115)4 11454 11554 11554 Sale 11454 Apr. 15-yr deb g s f 6s guar........... 1936 M 8 78,000 106 54 Sale 107 Sale 107*4 Sale 106 54 Apr. Grt Nor—Gen 7s Series A.---- 1939 J J 1,059,000 11054 Sale 11154 Sale 114 Sale 11154 Apr. Registered------------- ■------- - ---1,000 11354 Apr. 1st A refund 4 Ms Ser A.—1991 43,000 94 M Sale 95 M 9654 9454 Apr. 9554 Sale Gen mtge 554s Ser B-------- 1952 418,000 103 Sale 103 54 Sale 10654 Sale 10354 Apr. Gen mtge 5s Ser O....----1973 177,000 97 M Sale 9954 Apr. 99 54 Sale 101M Sale Geen Bay A West deb ctfs A Peb 78 54 85 75 7954 7654 82 Debenture ctfs B-------- ... ___ Peb 89,000 1754 Sale 16 1354 Apr. 1354 1354 14 Greenbrier Ry 1st gu g 4s------- 1940 MN 88 M Sale 89 8854 Gulf Mob A Nor 1st 554S-----1950 A O 44,000 102 54 10354 104 10454 105 10454 Apr. Gulf A 8h Isld ref 5s......... -Feb 1952 J J 12,000 105 Sale 10454 10554 10454 10454 Apr. Hock Val 1st con g 4548--------- 1999 J J 93,000 9154 Sale 9354 Apr. 9554 Sale 93 M 94 Registered ----------------------- 1999 J J 86 M Housatonic RR con g 5s--------- 1937 MN 8,000 95 M 96 97 I 9754 9854 9654 Apr. 96 Houst A Tex O 1st g 5s Int gU-1937 J J 16,000 101M 10154 102 103 10254 ------ 10254 Apr. (Vaco A N W Dlv 1st 6s----- 1930 M N 10154 10154____ 10154----Hous Belt A Ter 1st 5s----------1937i J J 9’,666! 96 M 98 Apr. 9854 100 97 M 98 Houst E A W Tex 1st 5s........... 1933 M N 100 ____ 10054 -----1st gu g 5s redeem-------------1933 m N 100 101 100 ____ 101 ___ Hudson A Manhat ser A 5s----- 1957 F A 1,266,000 92)4 9254 9454 Sale 97 Sale 94 54 Apr. Registered__________________ F A 2,000 97 Apr. Adjust income 5s-------- Peb 1957 A O 1,880,000 75)4 Sale 7754 Apr. 7754 Sale 8054 Sale Registered______________ .__ A O Illinois Central 1st g 4s---------- 1951 Registered__________________ 1st gold 3 Ms........................... 1951 Registered________________ ____ Extended 1st g 3 Ms----------- 1951 Registered______________ ___ 1st gold 3s sterling-------------1951 Collateral trust gold 4s------ 1952 Registered_____________ ____ 1st refunding 4s----------------1955 Purchased lines 3M8______ 1952 Registered______________ . Coll tr g 4s L N O A T.......... 1953 Registered______________ ____ Refunding 5s_____________ 1955 15-year secured 5Ms______ 1934 15-year secured 654s--------- 1936 Cairo Bridge gold 4s--------- 1950 Litchfield Dlv 1st g 3s------ 1951 Loulsv Dlv A Ter g 3 Ms.—1953 Registered______________ Omaha Dlv 1st g 3s------------1951 St. Lou Dlv A Term g 3s__ 1951 Gold 3 Ms-----------------------1951 Springf Dlv 1st g 354s---------1951 Western Lines 1st g 4s_____ 1951 Registerea__________________ Ch St L A N O jt 5s A_____ 1963 Chic St L A N O gold 5s____ 1951 Registered____________ 1951 Gold 3 Ms---------------------- 1951 Ind Bloomington A W1st 4s__ 1940 Ind Ill A la 1st gold 4s______ 1950 Indianapolis A Loulsv 1st gu 4s 1956 Ind Union gen A ref 5s A____ 1965 Gen A ref g 5s Ser B-1965 15 BONDS-STOCK EXCHANGE RECORD Apr. 26 Apr. 5 91 Apr. 3 9354 Apr. 13 Jan. Mar. Jan. Jan. 11 9754 Apr. 12 10 93 Mar. 10 Apr. 13 8 85 21 8354 Mar. 29 Feb. 16 Apr. 26 71 Feb. 16 8854 Jan. 6 93 54 Apr. 13 8454 Mar. 27 9054 Jan. 8154 Jan. 8754 Apr. 26 85 Jan. 12 8754 107 107 Apr. 19 10554 Jan. 104 10354 Apr. 8 102)4 Jan. 11354 11254 Apr. 1 11154 Jan. 9054 Jan. 9054 74 74 Jan. 8054 Jan. 8154 7854 7854 Jan. 7354 7354 Apr. 15 7354 Apr. 15 7354 Mar. 7454 74)4 Feb. 8554 85 Apr. 22 8554 Apr. 29 81 54 Mar. 8254 8254 Feb. 8954 Jan. 8954 Apr. 26 2 9 7 3 10254 10514 10254 7854 Apr. 12 Jan. 19 Apr. 7 Peb. 3 Jan. 5 Mar. 30 Jan. 6 Jan. 9154 7954 10354 102)4 Feb. Feb. Apr. Mar. Apr. 10754 10654 Apr. Sale 10254 Apr. 114 11254 Apr. 92 7354 73)4 8554 83 54 9054 10254 Sale 104)4 10754 10154------7954 ------91 ____ 92 ____ 8054 ------103 54 Sale 103 10054 Apr. 1 102 54 Apr. 12 9954 10454 Apr. 24 10454 Apr. 24 104 102)4 Apr. 7 10254 Apr. 7 102)4 7854 103 8954 7954 Apr. 28,10354 Apr. 30 10054 100t4 Mar. Peb. Apr. Peb. Apr. Jan. Feb. Jan. Jan. Feb. Jan. Apr. Jan. Apr. Feb. Jan. 19 26 16 8 8 27 2 15 11 29 8 12 19 25 30 16 [Vol. ■pAxrna—OTAPK EXCHANGE RECORD BONDS N. T STOCK EXCHANGE. Internat & Gt Nor 1st 6a____ 1952 Adj m 6s Ser A_________ .-1952 Stamped___________________ I-i Rys of Cent Amer 1st 5s_ 1972 Iowa Cent 1st gold 5s.__ ....1938 Certificates of deposit__ 1st & ref 4s_______________1951 fames F & Clear 1st 4s.......1959 Kai A & G R 1st gu g 5s____ Kan & M 1st gu g 4s.._..---- h J 3 Ap 1 MN 3 D M R 3 D .1 J A O J J M N K C Ft 8 & M con g ' A O A 0 A O Kan City South 1st g 3s. J J J ,1 Kan City Term 1st 4s. J J Kentucky & Ind Term 4%b._ 1961 J J J J 4%s £100 pcs.----.’________ J .1 Stamped _____________ A O Keok & Des M 1st 5s ctfs dep. Ctfs dep stpd as to Int------- Lake E & W 1st gold 5s.___ ..1937 2d gold 5s_________________ 1941 Lake Sh & M 8 g 3 Ms................ 1997 Registered__________ ..1997 Debenture gold 4s_________ 1928 26-year gold 4s__________ ..1931 Registered________________ Leh Vail Harbor Term 1st 5s..1954 Leh V (N Y) 1st gu g 414s----- 1940 Leh Val (Pa) gen con g 4s----- 2003 Registered____________________ Gen cons 4%s____________ 2003 Leh Vail RR gen 5s series____ 2003 Leh V Ter Ry 1st gu g 5s-------1941 Registered____________________ Lehigh 4 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 Is! 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 5s.....................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 Loulsv & Nashv gold 5s______ 1937 Unified gold 4s........................ 1940 Registered________ 1940 Coll trust gold 5s__________ 1931 10-year secured 7s__________ 1930 1st & ref 514s series A______2003 1st & ref 5s series B_______ 2003 1st & ref 444s 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 Mcb & Montg 1st g 414s---- 1945 South Ry joint Monon4s. .1952 Registered _______ July 19. 2 4tl Knox & Cin div g 4s----- 1955 Louis Cin & Lex div 6 4%s.-1931 Sales in 8 fe ParApril value, April 1. 1926. Ask. Asfc Bid. « Bid. 115,000 104 Sale 104% Sale 66% Sale 447,000 73 Sale 58,000 78 76% Sale 79 14,000 63% Sale 60% Sale 2,000 60% 60% 61 19% 6,000 19% 20% 18 2,000 88% 89% 88% 89% 1,000 100 % 100% 7,000 8214 83 5,000 100% 100% 30,000 102% 102% 102 102% 267,000 89% Sale 91% Sale 6,000 99% 99% 222,000 74 Sale 74% Sale 1,015,000 93% Sale 95% Sale 656,000 85% Sale 85% Sale 85% 88 120,000 85% 90 12,000 77% 85% 86% 86% 84%------- 85% 45,000 100%____ 6,000 98% 100 18,000 78% 79 3,000 76% 79 143,000 98% 98% 135,000 96% Sale 12,000 103% 104 3,000 78,000 82% 82% 78 47,000 91% 92% 38,000 101 101% 2,000 102% 100 102 13,000 87% 89 27,000 105% 106% 1,000 Sale 1,000 109% _____ I 100% 2,000 94% 7,000 90 1,000 93% 3,000 84 85 18,000 97% 98 31,000, 96 Sale 60,000 84% 85% 10,000 99% 100% 14,000 99% 100% 10,000 86% 87% 3,000 102% 104 58,000 93% Sale 90% 10,666 100% 101 96,000, 105% Sale 34,000: 107 Sale 52,000 104% 104% 117,000 95% 98 105 103% 105 90% 91% 1,000 65% 1,000 100 72,000 84% 101% 100 79% 78% 98% 96% 102 100% 81% 80 Sale Sale 102% 82% 83% 80 82% 92% 93% 102% 105 103%------- Bid. Ask. 104% 106 68% Sale 75 76% Sale Sale 61 60% 17% 19 89% 91% 102 85% 102 102% Sale 92 Sale 99% 75% 75% 98% Sale Sale 87 83 104% Apr. 66 Apr. 76% 60% 60% 17% 89% 101 83% 100 102% 91 100 74% 95% 85% 86 81 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 104% 105% 103% Apr. 21 104% Apr. 98 ____ 98% Apr. 23 98% Apr. 82% Apr. 14 85 Apr. 95 Sale 102 95% 82% 80 Q9 100% 102% 90% 88% 105% 84% 109 92% Apr. 94% 95 104% Sale 102% Apr. 103% 103% 102% Apr. 6 95% Apr. 3 104% Apr. 9,103% Apr. 100% 106 106% 105% 97% 106% 104 91% 66 99 86 101% Sale 107% 106% 97% 107 105 102% 107% 109 107 Sale 107 105 92% 68 101 Sale 91% 94 99% 100 Mahon Coal RR 1st 5s_______ 1934 101% 103 50,000 59 Manila RR South lines 4s.___ 1939 64% 6,000 64 1st 4s......................................... 1959 66% Manito S W Coloniz g 5s_____ 1934 7,000 81% Man G B A NW 1st gu 314s.. 1941 2,000 100% Mich Cent Det & Bay City 5s.l931 Registered . 99% .1931 8,000 92% Mich Air Line 4s___ ______ 1940 Registered__________________ 91 Jack LAS gold 314s.............. 1951 78% 116,000 81 83% 1st gold 314s______________ 1952 17,000 97% 98 20-year debenture 4s_______ 1929 16,000 90 Idland of N J 1st ext 5s_____ 1940 91% 2,000 100% 101 M L 8 & West ext s f 5s_____ 1929 93% Mil A Nor 1st ext 414s (blue).1934 94% 95 Cons ext 414s (brown)_____ 1934 _ _ 53,000 88% 89% Mil Spar A N W 1st gu 4s....l947|M 8 82% Milw A S L 1st gu 314s............. 194llj J Minn A St L 1st gold 7s_____ 1927 J D 99% 100% 1st cons gold 5s___________ 1934,M N 8,000 63 65 Temp ctfs of deposit_________ I.__ 6,000 60 61% 1st A refund gold 4s________ 1949 M S 27,000 21% 22 Ref A ext 5s series A_______ 1962 Q F 1,000 15 17 1st guar g 7s______ ,_______ 1927 J D 100 102 M St P A S S M 4s stpd.............. 1938 J J 235,000 87% 88 1st cons 5s____________ 1938 47,000 97% Sale 1st cons 5s gtd_____________ 1938 286,000 10-yr coll tr g 614s.................. 1931 M S 49,000 103% 103% 1st A ref 6s series A________ 1946 J J 46,000 99% 101% 25-year g 514s_____________ 1949 M S 57,000 89% 90 MStPASSMA Cent Term 1st Chic Term s f 4s______ 1941 MN 92%------Mississippi Cent 1st 5s............. 1949 J J 6,000 93 Mo Kan A Tex 1st g 4s______ 1990 J D 143,000 84% 85 Missouri-Kansas-Texas RR— Prior lien 5s series A________ 1962 452,000 96% Sale 40-year 4s series B__________ 1962 131,000 80% 81 10-year 6s series O__________ 1932 128,000 103% 103% Cum adjust 5s series A__ J an 1967 A O 2,293,000 92% Sale Missouri Pacific RR Co— 1st A refund 5s series A____ 1965 r a 573,000 89% Sale 1st A refund 5s series C____ 1926 F A 1st A refund 6s series D.__ 1949 r a 410,000 102 Sale 1st A refund 6s ser E int____ 1955 M N 499,000 102 Sale General 4s________________ 1975 M S 3,512.000 66% Sale Mo Pacific 3d 7s ext at 4%__ 1938 M N 5,000 87% 88 Mobile A Birm prior lien g 5s_ 1945 J J 98% Small______________________ 93% Mortgage gold 4s_________ 1945 4,000 80 82 Small______________________ 2,000 76% 79 Mobile A Ohio 1st g 6s______ 1927 16.000 101 % 1st extension g 6s_____ July 1927 2,000| 101 % General gold 4s____________ 1938 M S 89% 51,666 98 Montgomery Div 1st g 5s__ 1947 F A 101 St Louis Division 5s________ 1927 J D 8,000 100 100% Mohawk A Mai 1st gu g 4s__ 1991 M 8 23,000, 86% 88% Mont Cent 1st gu g 6s_______ 1937 J J 109 112 1st guar gold 5s____________ 1937 J J "2",000 101% 103 Morris A Essex 1st gu 314s___ 2000 J D 80% 22.000 79 Nashville Chat A St L 1st 5s..1928 A O Sale 40,000 101 Nash Fla A Sheff 1st gu g 5s_ 1937 F A 101% 103 National Ry of Mexico— Prior lien 50-year s f 4%s__ 1957 July 1914 coupon on________ J J July 1914 coupon off------------- J J Assent cash warr rects No 3 on 51,000 • 17% 18% 102 61 63 65 Sale 100 81% 100% 102 ___ 63% 64 67 Sale 100 ___ 81%----100% 102 95% 96 19% 15 88% 97% 97% 103% 101% 89% 83% 85% 98 93% 100% 94% 95 94% 89% 91% 87 82% 102% 60* 62 58% 56 20 20 15% 13% 102 99 Sale 90% 98 99% Sale 99% Sale 103 101% 102 91 92 84 85% Sale 93% 101% Sale Sale 103% Sale 100% 86 103 92% 97 Sale 106 Sale 106% Sale 89% 91 100 94 81% 81% 78 102% 101% 101 %|101 92 1 90% ____ 1100 100% 99% 88%l 89 112% 110% 104% 102% 80 I 78 101% 101 101% 103 I 15 Apr. Apr. Apr. Apr. Apr. 101% 108 109 3 107 5 99% 66% Apr. 99% Apr. 88% Apr. 91% Apr. 99% Apr. 93% Apr. 99% Apr, 65 85 102 14 1 '67 Apr. Apr. 14 85 Apr. 26 102 Apr. Apr. Apr. 93% Apr. 89% Apr. 85% 98% 95 100% 3 91 Sale Sale Sale Sale Sale Sale Sale Sale Jan. Jan. Mar. Jan. Jan. Mar. Feb. Feb. Feb. Jan. Jan. 104 108 110% 108% 99% 107 103% 91% 66% 2 23 17 26 23 8 90% Jan. 13 93% 99% Jan. 26 99% 101% Jan. 13 101% 60% Feb. 51 64 62% Feb. 23 67 100 Mar, 19 100% 85 Apr. 14 85 100% Mar, 6 102 Apr. 10 Jan. 28 9 Apr. Apr. Apr. Apr. 60 58% 20 14 Apr. Apr. Apr. Apr. 60 56 19 14 88% 98 97% 103% 101% 90% Apr. Apr. Apr. Apr. Apr. Apr. 91% 99% 99% 104 103 92% Apr. Apr. Apr. Apr. Apr. Apr. 85% 97% 97% 102% 100% 89% 93 98% 82 102% 91% 101% 86 103% 93% Apr. Apr. Apr. Apr. 93% Apr. 104% 103% 65% 89% 98 Apr. Apr. Apr. Apr. 79% Apr. 79% Apr. 101% Apr. 101% 102% Apr. 91 %l-------------____ 99% Apr. 100% 99% Apr. 90 88% Apr. 110%'_________ ____ 102% Apr. 78% 78% Apr. Sale 101 Apr. 29 24 24 16 Apr. Apr. Apr. Apr. Apr. 29 106% 106% 70% 90 Apr. Apr. Apr. Apr. 79% 79% 103% 106% Apr. Apr. Apr. Apr. Apr. Jan. Jan. Apr. Feb. Apr. Apr. 11 21 19 13 26 30 11 14 26 Jan. 8 80% Feb. 16 Jan. 12 85% Apr. 19 Jan. 11 98% Apr. 28 Jan. 21 95 Feb. 25 Jan. 6 100% Mar. 10 13 29 19 24 64 63% 23 16% Feb. Jan. Mar. Feb. Feb. Jan. Mar. 1 91% 99% 99% 104 103% 92% 93% Apr, Apr. Apr, Apr, Jan. Feb. Mar. Jan. 4 2 5 14 Apr. 20 Feb. 19 Apr. 23 Jan. 4 Jan. 5 Feb. 25 Mar. 1 93% Jan. 30 87% Apr. 22 93% Jan. 84% Jan. 101% 86 104% 95% Apr. 24 Apr. 21 Jan. 28 Feb. 5 89% Jan. 11 98 Jan. 4 106% Jan. 6 106% Mar. 30 70% Feb. 2 90 Apr. 29 96% 80% 102% 90% Mar. Jan. Mar. Mar. 31 101% 101% 65% 88 Apr. Apr. Apr. Apr. 23 27 23 14 101% Feb 24 12 101 Apr. 20 100 Apr. 7| 88% Apr. 5 102% Apr. 15 79% Apr. 8 101% Apr. 101 15%, 17% 17% 15 Feb. Apr. Feb. Feb. Apr. Feb. Feb. Feb. Feb. Apr. 88% Apr. 93% Jan. 6,98% Jan. 89 Mar. 8 L91 Apr. 60 56 19 14 93% Apr. 87% Apr. 4 2 26 5 12 2 8 8 92% Mar. 17| 95% Apr. 15 79 83 97% 90% 100% Apr. Apr. Apr. Apr. Apr. 101 105% 106% 104% 96 104% 103% 91% 65% 98% 85% 90% 9 95% Apr. 15 83% Apr. 98% 97% Apr. 95 93% Apr. 101% 100% Apr. 95 91% £7 102 62 59% Sale 14% 102 90% Sale Sale 103% Sale 92% 87% Mar. 30 97 84% 97% 94 85 99% 99% 86% 102% 93% 94% Apr, Apr. Apr, Apr. Apr. Jan. 4 Feb. 9 Jan. 29 Feb. 26 Mar. 19 Apr. 3 Apr. 27 Jan. 18 Jan. 29 Apr. 23 Apr. 8 Mar. 1 Apr. 26 Apr. 23 Apr. 17 Mar. 17 Jan. 5 102 Apr. 9 ... Mar. 12 Jan. 30 101 Jan. 21 81% Feb. 20 Jan. 4 80 Feb. 18 Jan. 4 99 Jan. 15 Jan. 4 97% Feb. 17 Jan. 27 104% Apr. 28 Jan. 26, 98% Feb. 11 Jan. 4 85 Apr. 23 Feb. 19 80% Jan. 30 Jan. 4! 95% Apr. 23 Jan. 6 104% Apr. 30 Jan. 22 104 Feb. 15 Feb. I] 90% Feb. 1 Jan. 22 90% Feb. 25 Jan. 5 HO Apr. 24 Jan. 21 87% Jan. 16 Feb. 13 109% Feb. 13 Jan. 28,100% Feb. 23 Feb. 26 95 Jan. 19 Jan. 201 91% Apr. 27 Apr. 28 97 Apr. 28 Jan. 51 87% Apr. 26 Jan. 5 99% Apr. 13 Mar. 9 98 Apr. 26 Jan. 20: 88 Apr. 27 Mar. 24 100% heb. 25 Apr. 7 101 Jan. 11 89% Jan. 23 Jan. 104 Jan. 21 Mar. 95% Apr. 5 Jan. 100% Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 66% Apr. 99% Apr. 87 Apr. 94% 93%------- 93 Apr. 85% 86% 87% 85% Apr. 93% Sale 104% 104 65% 88% 99% 93% 81 76% 102 100% 90% 100 99% 88% 110% 102% 79% 101 101% 106 108 105% 97% Apr. Apr. Apr. Apr. 92% 92% 93% 85% 98% 82 102% 91% 76% 60% 60% 17% 88% 101 83 100 100% 89% 98% 100% 98% 78% 77 98% 96% 88% Apr. 19, 89% 89% 88% 89 108% 108 110 107% Apr. 3 110 Sale 85% Apr. 1, 85% 85 110 109 Apr. 29 109 110 100% Sale 94% Apr. 94% 94% 90% Apr. 91% 91% 97 Apr. 97 92% Sale 85% Apr. 87% 86% 99% Apr. 99% 99% 95 Apr. 98 96 97% 98 Sale 88 85% Apr. 88 Sale 99% Sale 99% 100% 99% Apr. 100 100% 100 100% 99% Apr. Sale 89 89%; 87% Apr. 88% 104 104 ------- jl03% Apr. 94% Apr. 95% 95% 95% 96 55 Apr. 14' 78% Apr. 19, 65% Mar. 13 65 Apr. 19 23% Jan. 6 91% Apr. 3 101 Jan. 5 85% Apr. 24 101% Feb. 25 103% Jan. 2 92% Mar. 3 100 Jan. 76 99% 93% Jan. 88 85 Jan. 86 Jan. 87% 89% 81 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 101%____ 101% Apr. 13 102 Apr. 100%____ 100 Apr. 3 100% Apr. 80 Apr. 81% Apr. 81% Sale 79% Apr. 79% Apr. 99 Apr. 99 Sale 98% Apr. 97% Apr. 97% 97% 96% Apr. 100% 107% 108% 105% 99% 106% 104 92 66% 66% 99% 86% 87% Mar. 5 106% Apr. 28 Apr. li 73% Feb. 1 85% Jan. 87 107% 85% 109% 100% 94% 90% 82% 85% 98% 94% 85% 99% 100 88 104 94% 80% 83% 98% 92% 100% 94% 94% 89% 82 Sale Prices. I Sale Prices 1 106% Apr. 28 103 li 69 Apr. 23 66 14j 76% 29! 63 5 60% 19i 18% 29' 89% 3 101 8 85% 24 100% 15 102% 1 92% 8 100 76 99% 88 87% 85 Highest. Lowest. Sale Prices. I Sale Prices. 85% 89 85% 91% Sale 99%------ Highest. Lowest. April 30. 90% 90 99% 26,000 10,000 RANGE SINCE JAN. 1. PRICES IN APRIL. Price Jan. 2 122. 5, 17% Apr. 19 15 Apr. 5( 19% Feb. 16 May, 1926.] 17 BONDS-STOCK EXCHANGE RECORD I BONDS RANGE SINCE JAN. 1. N. Y. STOCK EXCHANGE. National Ry of Mexico (Concluded) Guar 70-year s f 4s________ 197? April 1914 coupon off_____ Assent warr receipt No 3 on Nat RR Mex prior lien g 4Ms_ 1926 July 1914 coupon on. July 1914 coupon off. Assent cash warr rect Nov 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 4a.._________________ 1945 N J June R gu 1st 4s_________ 1986 N O 4 N East ref 4Ms A____ 1952 New Orleans Term 1st 4s_____ 1953 N O Tex & Mex non cum inc 5s A ’35 First 5s series B___________ 1954 First 5Ms series A...__ .__1954 Npt & Cln B gen gu g 4Ms___ 1945 NY A Bklyn A M B cons g 5s. 1935 N Y Cent RR conv deb 6s.__ 1935 Registered Consol 4s series A_________ 1998 Ref & lmpt 4 Ms series A.__ 2013 Ref & lmpt 5s series O_____ 2013 Registered_________________ N Y C & H R g mtge 3 Ms____ 1997 Registered______________ 1997 Debenture gold 4s_________ 1934 Registered 30-year deb 4s of 1912_____ 1942 Registered ______________ .. Lake Shore coll g 3Ms______ 1998 Registered______________ 1998 Mich Cent coll g 3Ms______ 1998 Registered __________ 1998 N Y Chic A St Louis 1st g 4s...1937 Registered__________________ 25-year debenture 4s_______ 1931 2d & lmpt 6a A B 4 C______ 1931 Refunding 5Ms Series A.___ 1974 Refunding 5Ms Series B____1975 N Y Connecting 1st gu 4 Ms A. 1953 1st gtd 5s ser B temp______ 1953 N Y A Erie 1st ext g 4s_______ 1947 3d ext gold 4 Ms___________ 1923 4th ext gold 5s_____________ 1930 5th ext gold 4s_____________ 1928 N Y A Green w L guar g 5s____ 1947 N Y & Harlem g 3 Ms_________ 2000 Registered________________ 2000 N Y Lack A West 1st 5s A____ 1973 1st A ref guar 4 Ms Ser B___ 1973 N Y Lake Erie A West ext 7s..1930 N Y A Jersey 1st 5s__________1932 N Y A Long Branch gen 4s__ 1941 N Y New Haven A Hartford— Non-conv debenture 4s____ 1947 Registered__________________ Non-conv debenture 3Ms___ 1947 Non-conv deben 3 Ms_______ 1954 Non-conv debenture 4s ____ 1955 Non-conv debenture 4s_____ 1956 Convertible debenture 3Ms.-1956 Convertible debenture 6s___ 1948 Registered__________________ Collateral trust 6s__________ 1940 Debenture 4s______________ 1957 Harlem R A Pt Ches 1st 4s. 1954 N Y A Northern 1st g 5s____ 1927 N Y Ont A West 1st g 4s. June 1992 Reg 35,000 only_____ June 1992 General 4s________________ 1955 N Y Prov A Boston gen 4s___ 1942 N Y A Putnam 1st con gu g 4s. 1998 N Y A Rockaway Bch 1st g 5s. 1927 N Y Susq A West 1st ref g 5s_ 1937 Second gold 4Ms___________ 1937 General gold 5s____________ 1940 Terminal 1st gold 5s________ 1943 N Y Westches A Bos 1st 4MS--1946 Nord Rys extl s f 6 Ms________ 1950 Norfolk South 1st A ref 5s A.. 1961 Norfolk A South 1st g 5s_____ 1941 Norfolk A Western gen g 6s__ 1931 Improvement A ext g 6s___ 1934 New River 1st gold 6s_____ 1932 Norf A West Ry 1st con g 4s. 1996 Registered..............1996 Div 1st A gen g 4s______ 1944 10-year convertible 6s.__ 1929 _ Pocahontas O A C joint 43.1941 J North Cent gen A ref 5s A___ 1974 M Northern Ohio 1st gu g 5s____ 1945 Northern Pacific prior lien 4s..1997 Registered_______________ 1997 Gen lien ry A Id gt 3s..Jan 2047 Registered__________ Jan 2047 Ref A lmpt 4 Ms Series A 2047 R flo’i ai*.av«a/1 Ref A impt 6s Series 6111112047 Registered__________________ Ref A lmpt 5s Series O____ 2047 Ref A impt 5s Series D____ 2047 X North Pac Terminal 1st 6s___ 1933 J Northern Ry of Calif gu 5s.__ 1938 A North Wisconsin 1st 6s__ ____ 1930 Ogden A Lake Ch 1st gu g 4s..1948 Onio Connecting Ry 1st 4s___ 1943 Ohio Ind A W 1st pref 5s..Apr 1938 Ohio River RR 1st g 5s______ 1936 General gold 5s____ _______ 1937 Oregon A Calif 1st gu g 5s____ 1927 Oregon RR A Nav con g 4s___ 1946 Oregon Short Line 1st con g 5s. 1946 Guaranteed con 5s_________ 1946 Guar refunding gold 4s____ 1929 Oregon-Wash 1st A ref 4s____ 1961 Pacific Coast Co 1st g 5s______ 1946 Pacific RR of Mo 1st ext 4s___1938 2d extended gold 5s________ 1938 Paducah A Illinois 1st s f 4MS..1955 Paris-Lyons-Med RR 6s______ 1958 Sink fund extl 7s___________ 1958 M S Paris-Orleans RR s f 7s_______ 1954 M S Paulista Ry 1st A ref 7s______ 1942 M S Penn RR consol gold 4s_______ 1943 M N Consol gold 4s_____________ 1948 M N Stamped dollar bonds.___ 1948 M N Consol 4Ms issue of 1915___ 1960 P A General 4 Ms Series A_______ 1965 J D General 5s Series B_________ 1968 J D 10-year secured 7s_________ 1930 A O 15-year secured 6Ms_______ 1936 V A Registered__________________ P A 40-year 5s________________ 1964 M N 23 98M Jan. 2 102M Apr. 23 18 [Vol. 122. BONDS- STOCK EXCHANGE RECORD BONDS H. Y. STOCK EXCHANGE. 11 Sales in April K.0, Par Value. Price Jan. 2 1926. Bid. Pennsylvania Co— Guar 3)4s coll tr reg ctfs__ 1937 M S Guar 354s coll tr ctfs B____ 1941 T A Guar g 314s tr ctfs Series 0.-1942 J D Guar g 3)4s tr ctfs Series D..1994 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 Apr Peoria & Pekin Un 1st 5)4s A..1974 A O 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 T A Philippine Ry 1st 30-yr s f 4s..1937 J J Pine Greek registered gu 6s____ 1932 POO&StLgug 4)4s Series A. 1940 Oon 4J4s Series B guar_____ 1942 Oon 4)4s Series C guar_____ 1942 M N Con 4s Series Dguar_______ 1945 M N Oon 3)4s Series E guar g___ 1949 F A Oon 4s Series P guarg______ 1953 J D Con 4s Series G guar_______ 1957 M N Oon 4s Series H guar_______ 1960 F A Con 4)4s Series I guar______ 1963 F A Oon 4)4 s Series J guar_____ 1964 M N Gen 5s series A____________ 1970 J D Registered__________________ D General g 5s ser B__________ 1975 O Pitts & Lake Erie 2d 5s__ Jan 1928 O Pitts McK & Yough 1st gu 6s..1932 J 2d guar 6s_______________ 1934 J Pitts Shen & L E 1st g 5s......... 1940 O First consol gold 5s_______ 1943 J Pitts Va & Char 1st guar 4s__ 1943 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 8 Providence Terminal 1st 4s____ 1956 M S Reading Co gen gold 4s_______ 1997 J Registered________________ 1997 J Jersey Central coll g 4s_____ 1951 A O Gen & ref 4)4s____________ 1997 J Rensselaer & Saratoga 6s______ 1941 M N Rlchm & Danv deb 5s stamped. 1927 A O Rlchm & Mecklenburg 1st 4s___1948 M N Richmond Terminal Ry 1st 5s. 1952 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)4s.l934 M S Rutland-Canada 1st gu g 4s__ 1949 J J Rutland 1st cons g 4)4s______ 1941 J J St Jos & Grand Island 1st g 4s.. 1947 J St Lawr & Adirondack 1st g 5s. 1996 J 2d gold 6s.................1996 A O St Louis & Cairo gu g 4s_____ 1931 J J St Louis Iron Mtn 4 South— Gen con ry & land grant 5s..1931 A O Unif & rer gold 4s_________ 1929 J J Registered_____________ J J River & Gulf Div 1st g 4s__ 1933 M N St Louis Mer Bdge Ter gu g 5s. 1930 A O St Louis-San Fran Ry— Prior lien 4s series A_______ 1950 J Registered_____________ J Prior lien 5s series B_______ 1950 J Prior lien 6s series O_______ 1928 J Prior lien 554s series D_____ 1942 J J Cum adj 6s series A.__ July 1955 A O Income 6s series A____ July i960 Oct St L A San Fran Ry gen g 6s.. 1931 J J General gold 5s__ _________ 1931 J J St Louis Peoria & N W 1st gu 5s 1948 J J St Louis Southern 1st gu g 4s..1931 M S St Louis Southwest 1st g 4s___ 1989 M N 2d gold 4s Income bond.Nov 1989 J Consol gold 4s____________ 1932 J D 1st terminal & unif 5s______ 1952 J J St Paul & K C Sh L 1st 4)4s__.1941 F A St Paul & Duluth 1st 5s_____ 1931 F A 1st consol gold 4s_________ 1968 J D St Paul E Grand Trunk 4)4s..l947 J J St Paul Minn & Man cons 4s..1933 J Registered____________________ J 1st consol gold 6s_________ 1933 J Registered ...____________ ____ J 6s reduced to gold 4)4s____ 1933 T J J Montana Ext 1st gold 4sZZZZl937 J D Registered__________________ J D PAiffc Ext sterling gu 4s 1V40 J J St Paul Union Depot 1st 5s 19" 3 J J San Ant & Aran Pass 1st gu 4s. 1943 J J Santa Fe Presc & Phenix 1st 5s. 1942 M S Sav Fla & West 1st g 6s_____ 1934 A O 1st g 5s......................................1934 A O Scio Vail & N E 1st gu g 4s___ 1989 M N Seaboard Air Line g 4s________ 1950 A O Stamped__________________ 1950 A O Adjustment 5s________ Oct 1949 F A Refunding g 4s____________ 1959 A O 1st & cons 6s series A_______ 1945 M S Atlan-Blrm Div 4s___ May 1933 H S Seaboard-All Fla 1st 5s A_____ 1935 F A Seaboard & Roanoke 1st 5s____ 1926 J 3 So Caro & Ga 1st ext 5)48_____ 1929 M N South A Nor Ala gu 5s______ 1936 F A Gen cons gu 50-year 5s.. 1963 A O Southern Pacific Co— 4s g Central Pac coll___ Aus 1«49 J D Registered............. J D Convertible 4s_______ June 192V M S Convertible 5s____________ 19 <4 J D 20-year gold 5s____________ 191 M N San Francisco Term 1st 4s__ 1950 A O Registered______________ 1950 A O So Pac of Calif 1st cons 5s____ 1937 M N South Pac Coast gu 4s_______ 1937 J J South Pac RR 1st ref gu 4s.__ 1955 Southern Ry 1st cons 5s_____ 1994 Registered________________ 1994 Devel & gen 4s series A____ 1956 Devel & gen 6s____________ 1956 Devel & gen 6)4s series A__ 1956 Memphis Div 1st g 5s_____ 1996 St Louis Div 1st g 4s______ 1951 East Tenn reorg lien g 5s__ 1938 M S Mobile & Ohio coll tr 4s.__ 1938 M S Spokane Internat 1st g 5s____ 1955 J J Staten Island Ry 1st 4)4s____ 1943 3 D 8,000 86)4 82 % 1,000 81X 33,000 81X 10,000 65,000 86 155,000 79)4 10,000 37 313,000 9954 20,000 101 3,000 36,000 1,000 25,000 1,000 Ask. Bid. 83 K 9654 87 79)4 37 5-4 100) 4 101) 4 8554 86 92)4 93 106 106)4 42 42)4 106 108 96)4 9654 95)4 92)4 92 92 92)4 6,000 92)4 92)4 95)4 99 2,000 95 ... 58,000 101)4 — 281,000 9954 Sale ____ 101 10554 ____ 103 ____ 1,000 100)4____ 9854 -----88)4-----5,000 99)4____ 9054 93 77 79 95)4 101 103)4 6,000 95)4 96 81,000 100)4 Sale 167,000 9554 Sale 470,000 89)4 Sale 1,000 3,310,000 1,000 495,000 263,000 365,000 1,274.000, 1,923,000 78 Sale 93)4 103 9954 93 87)4 104)4 Sale Sale Sale Sale Sale 10554 100)4 102)4 Sale 75 Sale 89)4 8654 16,000 10054 287,000 102 100,000 93)4 125,000 84)4 62,000 74)4 229,000 92 96,000 89)4 241,000 86)4 10054 84)4 85)4 90 3,000 9554 ’9654 84)4 83 83)4 82 Sale 96)4 9654 87)4 8254 84 36)4 Sale 10054 103 10254 Sale 87 9354 107)4 10854 42 54 43)4 10554 97)4 98)4 92 9854 93)4 93 93)4 93)4 94 96)4 9654 97)4 101)4 Sale Highest Lowest. Highest. Sale Prices. Sale Prices Sale Prices Sale Prices 85 8354 83)4 Sale 96)4 8754 87)4 85 83 39)4 35)4 101 Sale 10254 Sale 8654 Apr. 27 85 Apr. 27 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 9754 Apr. 97)4 Apr. 9754 Apr. 7,000 88)4 8954 26,000 101)4 102)4 102)4 76,000 8354 8454 86)4 68,000 qq 100)4 102) 4 107 10954 102 101)4 2,000 8754 88)4 89 7,000 7854 7954 78)4 225,000 79 Sale 78)4 580,000 8754 Sale 77)4 267,000 7154 Sale 70 959,000 95)4 Sale 9154 53,000 8854 Sale 90)4 263,000 93)4 2,000 100 Sale 100 6,000 10154 101)4 101)4 16,000 10254 —. 103) 4 4,000 105)4 ... 10654 86 89,000 87)4 Sale Sale 86)4 81)4 Sale Sale Sale Sale Sale Sale Sale 104)4 Sale 537,000 97 Sale 97)4 Sale 29,000 9954 100)4 101 Sale 82,000 100)4____ 9954 10054 119,000 86)4 87 88)4 Sale 3,000 4,000 10254 ----- 10354 ___ 94)4----94)4----1,049,000 90)4 Sale 9154 Sale 329,000 104)4 Sale 104)4 Sale 83 82 96)4 86)4 7954 35 100) 4 101) 4 8554 93)4 106)4 40)4 108)4 Apr. 15 108)4 Apr. 4254 Apr. 14 44 Apr. Jan. 27 85 Apr. 27 Mar. Jan. Jan. Jan. Mar. Jan. Jan. Jan. Feb. Jan. Jan. Apr. Jan. Jan. Apr. Jan. Apr. Apr. Apr. Mar. Apr. Feb. 83)4 96)4 88 87)4 _ 41)4 25 102)4 4 103)4 5 87)4 8! 9354 7 108)4 22 44)4 13 22 14 16 14 23 23 14 3 15 11 96)4 Jan. 26 9754 Apr. 13 96‘4 Jan. 5 9754 Apr. 12 9754 Apr. f 9754 Apr. 7 9754 Apr. 97 5-4 Apr. 9754 Apr. 9354 Apr. 14 9354 Apr. 14 9754 9754 97)4 Apr. 8 97)4 Apr. 108 101 Apr. 12 10254 Apr. Sale 100)4 Apr. 101 106 ____ 101 -----102 Apr. 101 100)4 92 I 99)4 ZZZZZ *9954 A*p*r 9154--------------- -----100)4---------------------60)4 63 _________ 84)4---------------------97)4 9054 97)4 109 100)4 76 102)4 99)4 ___ 83)4 9654 8754 87)4 38)4 102) 4 103) 4 87)4 3,103)4 Apr. 30 92)4 Jan. 30 92)? JanZ*30 92)4 Feb. 4 93 Jan. 6 93 Feb. 4 93 54 Apr. 14 95)4 Jan. 96 Jan. 100 Jan. 5 96)4 Jan. 18 8 97)4 Apr. 28 7,10254 Apr. 23 99)4 Jan. 5 103)4 Apr. 30 7.102 Apr. 7 101 Jan. 27 103)4 Mar. 27 1 100 Apr. 9 Mar. 30 Jan. 28 Jan. 5 Mar. 23 91 Xj 90)4 Apr. 91)4 Apr. Sale 95)4 Apr. 97)4 Apr. ......... .................... 100)4 100)4 Apr. 22 100)4 Apr. 80 _________ ------- 10154 Apr. 6 10154 Apr. 100 9754 Apr. 7 99)4 Apr. 7 10 15 9954 91 102)4 64 95)4 Jan. 91)4 92 8254 Sale 9354 Sale 7754 ----88)4----- 8954 Apr. 79 Apr. 91)4 Apr. 88)4 Apr. 27 90 90 Jan. 94)4 Jan. 100 91)4 102)4 64 Apr. Mar. Jan. Mar. 9 23 8 23 2 97)4 Feb. 9 9154 Feb. 24 97)4 Apr. 15 22 9954 Mac. 12 100)4 Apr. 22 6 10154 Feb. 5 102)4 Mar. 29 23 95)4 Jan. 16 99)4 Apr. 23 9154 Apr. 83 Apr. 94)4 Apr. 83 82)4 83)4 81 Apr. 97)4 Apr. 97)4 98)4 102 102)4 96)4 Apr. 23 96)4 96)4 97 10054 Sale 100)4 10054 100)4 Apr. 5 101 96)4 Apr. 3; 97)4 96)4 97)4 9754 Sale 93 Sale 91)4 Apr. 5 94 9154 Sale 100 101)4 9954 101)4 100 Apr. 6 100 83)4 Sale 7954 Apr. 1| 84 7954 Sale 80 Apr. 9, 80 95)4 Apr. l! 99)4 9854 Sale 95)4 Sale 102 102)4 102)4 Sale 102)4 Apr. 1 103 102) 4 Sale 102 Sale 102 Apr. 14 103)4 93 Apr. 1, 97)4 93 Sale 96)4 Sale 8554 Apr. lj 90)4 90)4 Sale 85)4 Sale 10554 10554 101 Sale 100)4 Apr. 23 101)4 100) 4 103)4 Apr. 3 10354 103) 4 104)4 10354 95 97)4 94)4 Apr. 1 94)4 94)4 Sale 8454 Apr. 1! 8754 8654 Sale 8454 Sale 79)4 Apr. 22 80)4 76 7754 81)4 Sale 92)4 Apr. 1 95 9454 Sale 92)4 Sale 91 Apr. 1 9754 96 Sale 9154 Sale 87)4 87)4 90)4 90)4 8754 Apr. 5 9054 10154 101) 4 87)4 90)4 88)4 91 92)4 97)4 Apr. 28 97)4 97)4 1,000 10754 10854 10854 ____ 9954 ......... 99 100 93 95 93)4 *95* 65,000 7,000 86) 4 84 8354 83 96)4 87) 4 83 38)4 102 103)4 87)4 9454 110)4 4254 106)4 9754 9754 97 54 93)4 93)4 93)4 93) 4 94) 4 96) 4 97) 4 10254 103)4 Ask. Lowest. 81 80 97)4------101)4 103)4 ......... 96)4 10,000 12,000 3,000 1,229,000 82 Sale 311,000 108)4 Sale 487,000 112 Sale 5,000 10154____ 8,000 8854 ------ April 30. Ask Bid. 100)4 Sale ____ 101 106 ____ 9954 ____ 10154____ 102 ___ 92 9954 Sale 91)4-----10254 ____ 100)4___ 61 ____ ____ 63 84)4-----84)4-----96 95)4 Sale 26,000 90 9054 9054 Sale 92,000 94)4 Sale 95)4 Sale 1,000 9954 100)4 9954 80 76 73) 4 79 1,000 100)4 102)4 102 102)4 16,000 9554 ------- 96)4 98 4 7 5 7 4 5 ____ 133,000 84)4 87)4 79 Sale 128,000 74) 4 74)4 78)4 7954 290,000 89 8954 91)4 91)4 75) 4 75)4 76 90 4,000 86 8754 88 19,000 1,000 RANGE SINCE JAN. 1. PRICES IN APRIL. April 1. Apr. 12 86)4 74)4 89 7554 87 Apr. Apr. 78)4 Jan. 97)4 Apr. Apr. 27 9554 Jan. Apr. Apr. Apr. Apr. 100)4 9554 89 100 Apr. Apr. Apr. Apr. Apr. Apr. Apr. 7754 80 93 102 99)4 92)4 8454 101 100)4 102 >4 94)4 84)4 75 9154 89)4 86 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Mar. Jan. Apr. Jan. Mar. Jan. Mar. Mar. Mar. Feb. Jan. Apr. Jan. Jan. Jan. Jan. Jan. 9154 83 94)4 77 90 Apr. Apr. Apr. Feb. Apr. 24 27 28 9 12 Apr. 97)4 Mar. 6 96)4 Jan. 25 101 Apr. 23 97)4 Apr. 30 94 Apr. 22 100)4 Mar. 9 84 Apr. 22 80 Apr. 9 99)4 Apr. 21 103 Jan. 2 103)4 Apr. 9 97)4 Apr. 23 90)4 Apr. 23 105)4 Jan. 26 101)4 Apr. 27 10354 Mar. 31 94)4 Jan. 30 8754 Apr. 26 80)4 Apr. 23 95 Apr. 22 9754 Apr. 24 9054 Apr. 23 87 Feb. 13 89 Feb. 18 90)4 Jan. 8 91 Jan. 27 96 Jan. 19 97)4 Apr. 28 108)4 10954 108)4 Apr. 12 id9*"*Apr". 26 107)4 Jan. 13 109 Feb. 26 107 Mar. 26 107 Mar. 26 9954 Apr. 30 100 Apr. 9954 Sale 9954 Jan. 12 100 Apr. 16 99 Apr. 23 99 Apr. 98)4 Feb. 231 99 Apr. 23 Jan. 9 94)4 95)4 94 Apr. 15 94)4 Apr. 93 Mar. 31 9254 Mar. 25 92)4 Mar. 1 8954 90)4 8954 Apr. 13 8954 Apr. 89)4 Mar. lgl 8954 Apr. 13 104)4 Sale 102)4 Apr. 1 10454 Apr. 101 )4 Jan. 8 10454 Apr. 30 5I 8854 Apr. 24 88) 4 Sale 86)4 Apr. 5 8854 Apr. 84 Jan. 102)4------- 10254 Apr. 5 10254 Apr. 100)4 Jan. 15 10254 Apr. 9 110 Jan. 23 HO Jan. 23 LO754 ------r02 ____ 89) 4 90)4 89) 4 Apr. 6 89)4 Apr. 87) 4 Jan. 2lj 89)4 Mar. 21 80)4 8154 7854 Apr. 71 81)4 Apr. 78)4 Mar 19 82 Feb. 3 78)4 Apr. 1 81 Apr. 81 Sale 78)4 Mar 27i 82 Jan. 23 77)4 Apr. I 81)4 Apr. 76 Mar 30 87)4 Jan. 2 8054 Sale 70 Apr. II 73 Apr. 73 Sale 69)4 Mar 30, 74 Jan. 20 9154 Apr. lj 9654 Apr. 95 Sale 9654 Feb. 23 91 Mar 92 9254 Apr. 26 92 54 90) 4 Apr. I1 9254 Apr. 88) 4 Jan. 93 Apr. 5 96)4 Apr. 9854 Feb. 11 95)4 Sale 92)4 Mar 100 ____ 100 Apr. 1 100 Apr. 10054 Jan. 7 100 Jan. 101 )4 Jan. 10154 Jan. 29 101)4 10154 101)4 Apr. 3 10154 Apr. 10354 ____ 10354 Apr. 5 104)4 Apr. 10354 Apr. 5 104)4 Apr. 26 108)4____ 10854 Apr. 15 10854 Apr. 10554 Jan. 6 10854 Apr. 15 89 98 101 101 90)4 89)4 Sale 102)4 10154 Sale 86 9754 100 100)4 88)4 8554 10454 ......... 10354 94)4------9254 92)4 91)4 106)4 Sale 10454 85)4 Sale 8254 Sale 107)4 Sale 111)4 Sale 11354 Sale 117 Sale ____ 103)4 gg ------- 104 8854 Sale 100 102)4 100)4 102)4 90)4 91)4 91)4 92 84)4 8354 81)4 8354 86 80 ......... 8254 107)4 11354 10454 86 Apr. 1 90)4 Apr. 30 Apr. ll 98)4 Apr. 6 101 )4 Apr. 5 101)4 Apr. ll 9054 Apr. 19 8554 Apr. 9 10354 Apr. Apr. 93 107 Apr. 1 85)4 Apr. 1 11154 Apr. 1 117 Apr. 14 105)4 Apr. 9 8854 91 Apr. 82)4 Apr. Apr. 28 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 91)4 Apr. 8354 Apr. 85)4 Mar. 15 90)4 Apr. 30 98)4 Apr. 28 10254 Mar. 23 101)4 Feb. 5 9054 Apr. 26 8554 Apr. 19 104 Mar. 1 94)4 Jan. 22 93 Apr. 24 107 Apr. 24 103 Mar. 13 85)4 Apr. 23 11154 Apr. 27 117 Apr. 22 105)4 Apr. 29 89)4 Mar. 2 100 Feb. 16 92 Jan. 25 8354 Mar. 13 Mat, 1926.1 BONDS 8. Y STOCK EXCHANGE. Sunbury & Lewis 1st g 4s_____ 1936 Superior 8 L 1st 5s_____ June 1930 Term Assn of St L 1st g 444s__ 1939 First cons g 5s____________ 1944 Gen ref s f gold 4s_________ 1953 Texas & NO cons g 5s_______ 1943 Texas & Pacific 1st g 4s______ 2000 Second gold Income 5s_____ 2000 Louisiana Dlv B L 1st g 5s__l93l Tex Pac—Mo Pac Term 5448..1964 Toledo & Ohio Cent 1st g 5s__ 1935 Western Div 1st g 5s______ 1935 General gold 5s_________ 7-1935 Toledo Peoria & West 1st 4s__ 1917 Tol St L & West 50-yr g 4s----- 1950 Tol W Va & Ohio 1st gu 4 Hs A. 1931 1st guar 444s series B______ 1933 1st gu 4s series C__________ 1942 Tor Ham & Buff 1st 4s_______ 1946 J J M S A O F A J J J J J D Mar J J M S J J A O Sales in April Par Value. 4,000 4,000 146,000 5,000 65,000 36,000 118,000 3,000 19,000 52", odd M S J D Ulster & Delaware 1st con g 5s. 1928 J D First refunding gold 4s_____ 1952 A O Union Pac RR & land gr g 4s..1947 J J Registered________________ 1947 J J 20-year conv 4s___________ 1927 J J Registered__________________ J J First & refunding 4s__ June 2098 M S 1st lien & ref 5s_______ June 2008 M S 10-year secured 6s_________ 1928 J J U N J RR & Canal Co gen 4s._1944 M S Utah & Northern gold 5s_____ 1926 J J 1st extended 4s___________ 1933 J J Vandalia consol g 4s A________1955 F A Consol 4s, series B________ 1967 M N Vera Cruz & P 1st gu g 444s__ 1934 J J July 1914 coupon on____________ J J Assenting 1st 414s_________ 1934 __ Virginia Midland 5s series F__ 1931 M S General 5s________________1936 M N Va & Southwest 1st gu 5s____ 2003 Q J First cons 50-year 5s______ 1958 A O Virginian Ry 1st 5s ser A____ 1962 M N Wabash 1st gold 5s___________ 1939 M N Second gold 5s_____________ 1939IF A Ref s f 544s ser A__ -______ 1975 M S Deb B 6s registered_______ 1939 J J 1st lien 50-year gold term 4S.19541 J J Det & Ch Ex 1st g 5s______ 194LJ J Des Moines Div 1st g 4s.__ 1939 J J Omaha Div 1st g 314s_____ 1941; A O Tol & Chic Dlv 1st g 4s......... 1941 lM S Warren RR 1st ref gu 314_____ 2000 F A Wash Cent Ry 1st g 4s______ 1948 Wash Term 1st gu 314s_____ 1945 1st 40-yearguar 4s_______ 1945 Weatherf M W & N W 1st 5s._1930 West Maryland 1st g 4s_____ 1952 West N Y * Pa 1st g 5s............. 1937 General gold 4s____________1943 Inc g 5s______________ April 1943 Nov Western Pacific 1st 5s A______ 1946 M S 1st g 6s ser B______________ 1946 M S West Shore 1st 4s guar_______ 2361 J J Registered________________ 2361 J J Wheeling & Lake Erie 1st g 5s_ 1926 A O Wheeling Div 1st g 5s______ 1928 J J Exten & impt. gold 5s______ 1930 r a Refunding 414s ser A______ 1966 M S Wheel A L Erie RR 1st con g 4s 1949 M S Wllkes-B & East 1st gu g 5s__ 1942 J D Wilmar & Sioux Falls 1st 5s__ 1938 J D Winston-Salem S B 1st 4s.__ i960 J J Wisconsin Cent 1st gen g <s_..19 '9 J J Sup & Dul Dlv & Ter 1st 4s. 1936 M N Wor & Con East Ry 444s... 1943 3 J Industrials Adams Express coll tr g 4s___ 1948 M S Ajax Rubber 1st 8s__________ 1026 J D M S Alaska Gold M deb 6s A_____ 1 10-year conv 6s ser B______ 1926 M S Alpine-Montan Steel 7s_______ 1955 M S Amer Agric Chem 1st conv 5s..l928 A O 1st ref sink fund 7 44s_______ 1941 F A Amer Beet Sugar conv deb 6s..1935 F A Amer Chain 10-year s f deb 6s.l933 A O Amer Cotton Oil deb 5s_____ 1931 M N Amer Dock & Impt extd 6s.__ 1936 J J American Ice deb 7s July 15_ 1939 Amer Mach & Fdy s f g 6s___ 1939 Amer Republic Corp s f deb 6s. 1937 Amer Smeltg & Rer 5s ser A__ 1947 1st g 6s ser B______________1947 Amer Sugar Refg 15-year 6s__ 1937 32 Amer Tel & Tel Coll trust 4s_ 1929 J 3 Convertible 4s_____________ 1936 M S 20-year convertible 444 s____ 1935 M S 30-year coll trust 5s________ 1946 J D 35-year sink fd deb 5s______ I960 J J 20-year sink fd 544s________ 1943 MN Amer Type Founders deb 6s__ 1940 A O Amer Water Wks & Elec coll 5s. 1934 A O Amer Writing Paper 8 f 7-6s---- 1959 3 J Temp Interchang ctfs of dep___ Anaconda Copper Min 1st 6s..1953 F A 15-year conv deb 7s_____ ..1938 F A Andes Cop Min deb 7s 25% pd 1943 J J Anglo-Chilean Nitrate 7s____ 1945 M B Antilla (Comp Azuc) 1st 744S--1939 J J Ark & Memph Bdge & Term 5s. 1964 M S Armour & Co 1st real est 4 44s. 1939 J 1) Armour & Co of Del 1st 544s_ 1945 J J Associated 011 6% gold notes..1936 M S Atlanta Gas Lt 1st 5s_______ 1947 ,T D Atlantic Fruit 7s ctfs of dep__ 1934 J D Certif of deposit stamped Atlantic Refining deb 5s_____ 1937 J 3 Baldwin Locom Wks 1st s f 5s. 1940 M Baraqua (Comp Azucar) 744s. 1927 J Barnsdall Corp conv 8s_____ 1931 J Debenture 6s trust ctfs____ 1940 J Belding-Heminway conv 6s___ 1936 J Bell Telephone of Pa 1st 5s B..1948 3 First & ref 5s series C_____ 1960 Bethlehem Steel 1st & ref 5s g A 1942 M 20-year pur & imp s f 5s___ 1936 J Oons 30-year s f 6s ser A.__ 1948 F Con 30-year s f 544s B_____ 1953 F Bing & Bing temp deb 644&-__ 1950 M Booth Fisheries deb 6s________ 1926 A. Botany Cons Mills 644s______ 1934 A Brier Hill Steel 1st 544s............ 1942 A Broadway & 7th Av 1st con 58.1943 J Ctfs of dep stpd Dec '24 Int____ Brooklyn City RR 1st 5s____ 1941 J Bklyn Edison Inc gen 6s A.._ 1949 J General 6s series B________ 1930 19 BONDS-STOCK EXCHANGE RECORD i? fe N 3 .1 D .1 .) O N J A A S O G O D J J J PRICES IN APRIL. Price Jan. 2 April 1. 1926. Bid. 9144 9944 96 54 10144 8444 97 103 9044 9944 9944 10044 10044 9754 30 87 44 9744 9644 9044 8644 Ask. Bid. 9144 9954 9744 97 44 Sale 10244 8544 8544 9954 10354 104 87 9944 10044 10144 10054 100 9944 10144 101 98 35 90 98 98 8844 98 9844 91 4,000 8754 40,000 76 Sale 76 41 31,000 43 47 205,000 9254 Sale 9344 39,000 9144 131,000 9944 9944 9954 8644 288,000 86 }4 Sale 8844 90,000 106 107 107 113,000 103 Sale 10254 92 ___ 91 100 ___ 9954 94 9454 88 89 8954 86 8744 3,000 25,000 2544 _____ 100 , 100 102 1,000, 10044 27,000 389,000 104,0001 179,000 668,000; 4,000 5,000 20,000 2,000 1,000 19,000 2,000 516,000 1,000 27,000 469,000 7,000 67,000 51,000 2,000 2,000 3,000 23,000 37,000 9,000 1,000 31,000 68,000 43,000 April 30. Ask Bid. 9154 9944 97 44 103 102 8644 8654 100 104 10544 104 9544 10044 10044 103 101 Sale 10154 10054 Sale 10054 35 Sale 8954 88 Sale 45 Sale 94 Sale Sale 108 Sale 74 25,000 85 42,000 103 4 4 101,000 9144 13,000 10254 311,000 10344 143,000 9844 95,000 W'/i 17,000 97 10544 125 13,000 10044 123.000 98 420,000 9944 133,000 10844 287,000 ]03 679,000 97 31,000 9154 20,000 9754 „ 570,000 10144 1,464,000 9744 675,000 10354 147,000 10354 162,000 96 54,000 4844 53,000 4854 886,000 101 44 377.000 10554 787,000 9644 417,000 9844 137,000 86 63,000 9344 292,000 9044 507,000 9454 219,000 10254 9944 1744 1444 76,000 9944 7,000 10554 24,000 10444 10544 604,000 102,000 10044 144,000 10054 517,000 10054 151,000 96 213,000 9344 680,000 9554 691,000 88 32,000 94 31,000 78 127,000 9454 113.000 10144 51,000 7344 9,000 41,000 9344 173,000 10254 30,000 104 8444 10244 8454 80 8754 7744 82 8344 9054 97 67 10244 8554 4144 9744 10354 8444 83 54 100 10044 9854 8554 85 6644 10244 8554 82 8944 7544 83 Sale 8344 84 9754 Sale 10154 Sale Sale 10344 Sale 84 101 10044 8154 85 6554 87 8054 Sale 103 8744 10154 10554 98 10054 Sale Sale 101 35 98 9844 91 8844 Sale Prices. I Sale Prices. 9944 Apr. 9754 Apr. 9944 Apr. 9754 Apr. 8554 Apr. 101 Apr. 10344 Apr. 5 8754 Apr. 7 102 Apr. 3 106 Apr. 10044 Apr. 23 10044 Apr. 10044 Apr. 5 10344 Apr. 10144 Apr. 1 10154 Apr. 9944 Apr. 88 Apr. 69 4044 9344 9354 9944 Apr. 28; 76 Apr. Apr. 16 4454 Apr. Apr. 11 95 Apr. Apr. 8 9354 Apr. Apr. 3 9954 Apr. 8844 ------- 8454 87 82 8244 9044 82 84 8354 91 9744 Sale 7054 Sale 101 8644 8644 Sale 10054 103 44 Sale 8554 84 8554 10044 9944 10044 9954 Sale 8644 8744 87 68 6844 103 44 10244 86 88 82 44 8354 8954 8944 80 Sale Sale 24 23 Apr. Apr. 102 Apr. 103 9344 9154 Apr. Sale 101 Apr. 3 102 5 1 10254 10244 Apr. 26 10154 100 Apr. 1 Sale 10044 Apr. 1 8444 Sale 83 ----88 85 ____ -----Sale Sale 87 8454 87 8054 8844 9344 10344 104 10144 10444 Apr. 30 8454 Apr. 87 Apr. 8244 90 Apr. 10244 ________ ___________ 84 8344 9054 67 101 8644 Apr. Apr. Apr. Apr. Apr. Apr. 84 8344 9054 71 10244 8654 Sale 9744 Apr. 1 Sale 10344 Apr. 30 8654 8444 Apr. 6 86 8354 Apr. 6 10044 100 Apr. 5 ____ 101 Apr. 27 ____ 99 Apr. 7 87 8554 Apr. 1 Sale 8644 Apr. 20 6944 6644 Apr. 3 10444 10244 Apr. 19 8844 86 Apr. 6 Sale 82 Apr. 5 90 8944 Apr. 10 82 Sale 9754 Apr. Sale 9254 Apr. 101 10044 Apr. Sale 10044 Apr. Sale 9944 Apr. Sale 10354 Apr. Sale 10354 Apr. Sale 9654 Apr. Sale 4244 Apr. Sale 42 Apr. Sale 10244 Apr. Sale 10344 Apr. Sale 97 Apr. Sale 9554 Apr. Sale 87 Apr. Sale 9544 Apr. Sale 9044 Apr. Sale 9344 Apr. Sale 10244 Apr. _______________ 3954 —.......... Sale ! 10044 Apr. 104 110254 Apr. 10444 103 Apr. Sale Sale Sale Sale Sale Sale Sale Sale 9454 84 Sale Sale Sale 74 Sale Sale 1. Highest. Sale Prices. Sale Prices. 9944 964s 101 8454 9854 103 Apr. Jau. Mar. Jan. Mar. Mar. 0944 9754 106 8754 402 106 Apr. 16 Apr. 16 Mar. 5 Apr. 23 Apr. 8 Apr. 26 9954 99(4 10044 10044 9754 34 8754 9754 Mar. Jau. Feb. Jan. Jan. Jan. Jan. Jan. 101 10244 10154 10144 10044 3754 8944 Jan. Apr. Apr. Mar. Apr. Jan. Apr. Jan. 22 22 17 23 28 28 26 6 Mar. 2 8844 Apr. St Mar. Apr. 48 Jan. Apr. 05 Apr. Jan. 9354 Apr. Mar. 108 Feb. Jan. Jan. 2 9044 Apr. Jan. 6 10944 Apr. Apr. 21 10354 Jan. 19 5 98 27 19 8 1 24 23 30 9954 Mar 13 10044 Mar. 19 9544 Mai. 27 9S44 Mar. 27 88 Jan. 30 *844 Mar. 11 9454 ____ 8954 ......... 9644 94 10044 103 10044 10544 103 54 9754 4644 46 10354 10554 9944 9844 87 9854 9254 93 10254 9954 2654 ------- 2654 20 3944 2344 3944 2344 9944 101 Sale 101 10254 103 10344 10544 104 Sale 104 Sale 98 Sale 9954 Sale 9744 9844 98 Sale 10244 10244 103 Sale 102 Sale 10344 9844 Sale 100 Sale 98 9554 Sale Sale 99 Sale 9744 Sale 92 Sale 9254 Sale 9244 9244 9544 92 78 90 9144 Sale 9044 Sale 10144 102 103 102 7654 7144 7244, 7254 74 7054 7444 71 Sale 9344 9354 9444 10344 10344 Sale ; 103 44 Sale '10354 10544 105 il Lowest. 7i 8844 Apr. 19 9354 ------9954 100 9754 Sale 9254 99 54 10154 Sale 9954 Sale 104 Sale 103 44 104 97 Sale 4244 Sale 42 Sale 10244 Sale 103 54 Sale 97 Sale 96 Sale 9144 92 96 9044 Sale 95 Sale 10244 Sale Sale 9244 5 10044 Apr. i_ 3, 8944'Apr. 8844 Apr. 86 8544 87 85 Apr. 85 10344 10444 10344 10444 10344 Apr. 444 5 I....... ........... 5 444 444 6 -------------444 6 Sale 9044 Apr. 9044 9044 91 103 10344 103 ____ '103 Apr. 104 Sale 10444 Sale ;104 Apr. 9544 Apr. 104 10444 9644 Sale Sale 10144 Sale 100 Apr. 10044 os 9344 Apr. 9554 9644 Sale 10554 10654 10554 10644 -------------110 113 110 125 I_________ Sale 101 10244 101 Apr. 101 9954 Sale 1 9944 Apr. 9944 Sale 10044 Sale 10044 Sale 1100 Apr. 10754 Sale 10744 Sale 10754 Apr. 103 Sale 10444 Sale 103 Apr. 86 Sale 444 Sale 103 Sale 99 9844 Sale 10654 13644 10144 99 Sale Sale Sale Highest. 87 44 69 4044 92 Vs 9154 9954 Sale 9944 9044 Sale 8844 Apr. H 9044 Apr. 24 86 10844 10954 107 Apr. 5 10944 Apr. 23 10644 102 54 10254 10244 Apr. 21 103 Apr. 5 10244 69 Sale 41 43 9444 Sale 24 23 24 ------- 100 ____ 102 100 103 10044 9844 9054 9144 9144 9244 9154 10154 Sale 101 Sale 103 10244 Sale 10254 Sale 10244 100 Sale 101 9844 99 9844 Sale 10044 Sale 10344 8254 101 8444 7744 8544 7544 82 8354 9044 9654 67 44 10144 8354 40 9644 10254 8444 8344 100 100 9844 8054 8154 6444 102 86 Ask. RANGE SINCE JAN. Lowest. 9754 97 102 102 9844 95 9754 92 9044 79 90 102 7144 71 9344 103 10454 10354 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 10054 10644 8654 8544 ldO 101 9954 8854 8744 6954 10244 88 84 44 8954 Apr. 30 Apr. 30 Apr. 30 Jan. 9 Apr. Jan. Feb. Jan. Mar. 3 101 9944 Apr. 161 9054 Apr. 22 9954 Apr. 9 10144 Apr.l 2 9844 Apr. 23 9844 Apr. 30 84 101 Apr. 30 8444 Apr. 9 7744 Apr. 27 87 Apr. Apr. Apr. 9654 Apr. 66 54 Apr. 10054 Apr. 8354 Apr. 9554 Apr. 10054 Apr. 8354 Apr. 83 Apr. 9954 Apr. 10044 Apr. 9854 Apr. 8054 Apr. 81 Apr. 6444 Apr. 10254 Apr. 8544 Apr. 8044 Apr. 8644 7644 Apr. 30 Jan. 4 13 10 16 22 9 12 23 Jan. Jan. Jan. 102 100 9344 10344 104 1015» 10444 Feb. Mar. Apr. Apr. Apr. Apr. Apr. Jan. Jan. Jan. Jan. Jan. 102$ 87 S3 00 Mar. 8 Apr. 30 Mar. 1 Apr. 27 Apr. Mar. Jan. Jan Mar. Feb. Jan. 2 *854 Jan. 5 10054 Apr. 26 Feb. 10644 Apr. 8 Jan. *654 Apr. 28 Jan. •544 Apr. 28 100 Feb. 23 Mar. Jan. 10244 Feb. 23 Mar. 9954 Apr. 28 Jan. *354 Apr. 12 Apr. 9 Jan. Apr. 5 Jan. Jan. 20 Jan. Apr. 22 Mar. Jan. •444 Apr. 23 Feb. •954 Jan. 27 Mar. 7644 Mar. 15 SS 8744 Apr. 104 Apr. 9144 10444 10454 98 10144 9654 Apr. Apr. Apr. Apr. Apr. Apr. 10154 100 101 10844 10544 Apr. Apr. Apr. Apr. Apr. Apr. 30 Apr. 30 Apr. 8 Apr. 23 Apr. 21 Apr. 23 Apr. 14 Apr. 24 Apr. 23 Apr .7 Apr. 23 Apr. 30 Apr. 23 Apr. 30 Apr. 8 Apr. 26 Apr. 28 Apr. 3 Apr. 3 9844 94 10244 10344 101 10654 10444 98 47 46 10354 10554 9944 9854 92 9254 95 103 9844 Apr. 30 Apr. 30 61 04 S 10244 Apr. 8 8 10344 Mar. 24 Apr. 21 2 101 10654 Apr. 23 10454 Feb. 18 98 Apr. 24 56 Jan. 14 6444 Jan. 14 10444 Feb. 16 10754 Feb. 11 Feb. 15 102 10044 Jan. 13 9244 Feb. 9 0854 Apr. 26 0244 Feb. 8 0644 Mar. 29 10344 Jan. 14 20 Jan. 7 28 2044 Jan. 7 2044 10144 Apr. 12 9954 Jan. 4 10144 6 104 Apr. 102 44 Mar. 6 10554 16 104 Apr. 103 Apr. 16 10644 105 Jan. 15 107 100 Apr. 97 Mar. 31 101 9844 Apr. 97 Apr. 6 10054 10354 Apr. 10054 Jan. 2 10354 10354 Apr. 100 Feb. 5 103 54 100 Apr. 9554 Jan. 5 10054 9844 Apr. 93 Jan. 5 9654 9944 Apr. 9544 Jan. 4 9954 9354 Apr. 8744 Jan. 6 9354 94 Apr. 9044 Apr. 3 95 • 8344 Apr. 70 Mar. 29 97 9541 Apr. 90 Apr. 6 95 44 103 Apr. 101 4 103 7444 Apr. 71 Mar. 4 7654 73 Apr. 7044 Jan. 19 73 95 Apr. 9344 Jan. 2 95 105 Apr. 103 Jan. 2 10554 10544 Apr. ' 10354 Apr. 28 10644 Jan. 28 Jan. 7 Mar. 24 Jan. Jan. Jan. Feb. Jan. Apr. Apr. Jan. Feb. Feb. Apr. Jan. Jan. Jan. Feb. Jan. Apr. Feb. Feb. Feb. 7 13 6 11 16 19 16 30 11 5 24 5 14 11 19 5 22 27 8 24 30 [Vol. 122. BONDS-STOCK EXCHANGE RECORD BONDS N. T. STOCK EXCHANGE. h 5 a. Sales in April Par Value. Price Jan. 2 1926. RANQE SINCE JAN. 1. PRICES IN APRIL. April 1. April 30. Lowest. Highest Lowest. Highest. S Bid. Ask. ltd Ask. Sale Prices. Sale Prices Sale Prices. Ask. Bid. Sale Prices. Bklyn-M Tr R T Sec 6s........... 1968 J -> 2,293,000 9254 92% 93 Sale 96 Sale I 93 Apr. l! 9654 Apr. 23 9254 Jan. 2 9654 Apr. 23 Bklyn Q Oo4 Sub gtd 5s____ 1941 M N 378.0001 61 6354 62 Apr. 26 61 Jan. 28 64 Mar. 18 6254 6254 6354 6154 Apr. 3 64 1st 5s stamped___________ 1941 J J 1,000 77 % 79 7554 Apr. 14 7554 Apr. 14 72 Mar. 11 7754 Jan. 5 7554 7754 7554 79 Brooklyn Rapid Transit g 5s_ 1945 A O 95 ------- 95 __ Trust co ctfs deposit__________ 1st refund conv 4s g_______ 2002 88 88 3-year secured notes 7s____ 1921 Trust Co ctfs deposit_ ._____ do stamped________________ 51,000 8814 89 9254 Sale 92 Apr. 3 9254 Apr. Bklyn Un El 1st g 4-6s............. 1950 P A 9154 92 8854 Jan. 6 9254 Apr. 17 20,000 8814 90 Stamped guaranteed______ 1950 P A 9154 9254 9254 _____ 92 Apr. 6 9254 Apr. 8854 Jan. 6 9254 Apr. 7 64,000 101 % .... 10154 Sale 103 Sale 10154 Apr. 3 103 54 Apr. Bklyn Union Gas Co 1st g 5s..1945 M N 10254 Mar. 23 103 54 Apr. 17 1st 1 A ref 6s A......... .............. 1947 M N 36,000 10514----- 11154 Sale 11254 _____ 11154 Apr. 1 11254 Apr. 110 Jan. “ 11254 Apr. 21 562,000 126 Mar. 12754 Sale 13354 Sale 12754 Apr. 1,134 Apr. Deb 554s.................................. 1936 J J 135 Jan. 27 Sub receipts 40% paid----------- J J 133 Feb. 20 12854 Mar. 92 93 91 ____ 91 ___ 92 Mar. 92 Mar. 1 Buffalo & Susa gen s f 5s____ 1932 J D 9,000 8814 Sale Bush Terminal 1st 4s_______ 1952 A O 8854 Apr. 10 9054 Apr. 8754 89 9054 ----9054 Apr. 21 8754 Feb. 90 Apr. 33,000, 9114 9214 8654 9054 9554 98 Consol 5s -- ------------------ 1955 J J 9454 Apr. 90 Mar. 9454 Apr. 191 99 Sale 137,0001 9614 Sale 99 Apr. Bush Term Bldgs 5s gu tax ex 1960 A O 9654 Sale 9654 Apr. 100 Jan. 6 9554 Mar. 96 Sale 96 Apr. 11 9754 Apr. Temporary____________________ A O 34,000 96 Apr. 97 % Feb. 15 Cal G & E Corp unit & ref 6s.. 1937 M N 10154 10054 Apr. 6 10154 Apr. 24,000 10054 101 10054 10054 101 10054 Mar. 10154 Apr. 19 ~ ' 10354 Apr. 17 10454 Apr. 117,000 10354 Sale 103 54 Sale 104 Sale California Petroleum 654s-__ 1933 A O 10554 Mar. 1 10354 Jan. Oamaguey Sugar sink fd 7s —1942. A O 129,000 9154 Sale 9754 Apr. 29 9954 Apr. 9954 Sale 9754 Sale 9054 Jan. 9954 Mar. 2 Canada Steamship Lines 7s ..1942 M N 35,000 10154 102 10354 Sale 10454 Sale 10354 Apr. 5 10454 Apr. 10154 Jan. 10454 Apr. 30 Canadian General Electric 6s_ 1942 A G 6,000 101 102 10254 Apr. 7 103 Apr. 13 10154 Jan. Central Diet Tel 1st 30-year 58.1943 J D 10254 10254 103 54 Mar. 25 Central Foundry 1st sink fd 6s. 1931 F A 1,000 9714 9914 9354 96 9454 9654 9554 Apr. 28 9554 Apr. 28; 9354 Mar. 9954 Jan. 22 Sale lOO Apr. 9 101 Apr. 24; 100 Mar. Central Ijeather 1st 1 s 6s____ 1945 J J 482,000 10054 Sale 10054 10054 101 10154 Jan. 27 Central Steel 1st sink fd 8s.__ 1941 M N 31,000 115 11514 11754 Sale 11754 11754 11754 Apr. 1 118 Apr. 118 Mar. 30 11554 Jan. 11,000 10114 Chic Gas LAC 1st gu g 5s.__ 1937 J J 10154 102 110154 Sale 10154 Apr. 13 10254 Apr. 10154 Mar. 10254 Feb. 3 68 Apr. 1 7254 Apr. 68 Sale Chicago Rys 1st 5s________ l927iP A 396,000 7914 Sale 81 Jan. 13 7254 Sale 6554 Mar. Chile Copper conv 6s ser A 1932. A O 652,000 10714 10814 10654 Sale 10754 Sale 10654 Apr. 1 10854 Apr. 10554 Mar. 10954 Feb. 9 44,000 103 Sale 102 103 '10254 10254 10254 Apr. 12 10254 Apr. Cine Gas A El 1st A ref 5s 1956 A G 102 Mar. 10354 Feb. 23 31,000, 10214 Sale 10454 10454 10454 Sale 10454 Apr. 3 105 Apr. 40-year prior lien 554 s B Jan 19611A O 105 Apr. 24 10254 Jan. 78 Clearfield Bit Coal 1st 4s........ 1940 J J 8254 Feb. 7614 8254 Feb. 26 92 Apr. 16",666 88 92 93 91 Jan. Colo Fuel A Iron Co gen s f 5s . . 1943 P A 91 9354 Apr. 9354 Sale 9354 Apr. 30 8454 Apr. Colo Indus 1st coll tr 5s gu.__ 1934 F A 90,000 8414 Sale 85 Sale 8754 Apr. 8754 Sale 8354 Feb. 8754 Apr. 28 80 Registered___________________ F A 5 ’ o ",666 Columbia Gas A El 1st 6s____ 1927 J J 10014 Sale 10054 Sale 10054 Sale 100 Apr. 1 10054 Apr. 19 100 Feb. 10154 Jan. 20 49,000 10014 Sale 100 10054 10054 Sale 100 Apr. 1 10054 Apr. 9. 100 Mar. Stamped _____ _______ J J 101 Jan. 13 Ool A 9th Av 1st gu g 6s______ 1993 M S Columbus Gas 1st g 5s__ _____ 1932 J J 11,000 99 99 9954 Apr. 19 10054 Apr. 9954 100 9954 100 99 54 Jan. 10054 Apr. 22 44,000 74 Commercial Cable 1st g 4s___ 2397|Q J 75 75 Jan. 7454 7454 80 8054 75 Apr. 12 8054 Apr. 8054 Apr. 26 99 Apr. 6 9954 Apr. 99 Commercial Credit s f 6s_____ 1934 M N 35,000 10054 Sale 99 Mar. 9954 9954 Sale 100 54 Jan. 2 94 97 93 Sale 9254 Apr. 26 9954 Apr. 48,000 Col trust 5 54s Ser A----------- 1935 J J Apr. 23 9254 Apr. 9954 Sale 103 Apr. 1 10454 Apr. Com’wealth Power 25-yr 6s__ 1947 M N 121,000 102 54 10354 103 Sale i 10254 Jan. 105 Feb. 10 Oomputing-Tab-Record s f 6s. .1941 J J 37,000 10454 10454 10554 10554 10454 Apr. 3 10554 Apr. 10454 Jan. 106 Jan. 4 87 90 Conn Ry A I.t 1st g 454s_____ 1951 J J 8754 9154 92 9054 Mar. 92 Jan. 4 90 Apr. 6 9254 Apr. 4,000 9154 92 90 Mar. Stamped guar 4 54 s------------- 1951 J J 8954 93 | 9054 92 9254 Jan. 14 82 Sale 79 Sale 7854 Apr. 24 82 Apr. Consol Coal Md 40-yr 5s-------- 1950 J D 146,000 81 % Sale 86 Jan. 26 7854 Apr. 825,000 10454 Sale 10554 Sale | 106 Sale 10554 Apr. 1 10654 Apr. Consol Gas (N Y) deb 554s- ---1945 F A 10454 Jan. 10654 Apr. 22 Cons Pr A Lt 1st A refers A..1943 M S .1 104 Sale 104 Jan. 10554 Feb. 16 75 Apr. 16 7754 Apr. 47,000 75 Sale Cont Paper A Bag Mills 6 54s--1944 F A 7954 7754 80 Feb. 27 82 7354 Jan. ------- '10154 10154 Apr. 8 10154 Apr. 18,000 10054 10054 101 Oonsum Gas Chic 1st gu g 5s.. 1936 J D 9854 Jan. 10154 Apr. 20 99 Apr. 1 10254 Apr. 99 Sale ,10054 Sale Consumers Power 1st lien 5s_ 1952 M N 304,000 9754 Sale 9754 Jan. 102 54 Apr. 23 ____ 99 100 9954 Apr. 23 100 Apr. Copenhagen Telep extl s f 6s.. 1950 A O 6,000 99 Jan. 10054 Jan. 25 i 99 99 Corn Prod Ref gold s f 5s______ 1931 M N 100 54 1st 25-year s f 5s ___________ 1934 M N 2,000 10054 101 % 10154 Sale’ 10154 10254 101 Apr. 110154 Apr. 10054 Jan. 10154 Feb. 11 86 Sale 8354 Apr. 10 86 Apr. Crown Cork A Seal 1st s f 6s__ 1942 F A 116,000 8254 Sale 8454 Sale 8254 Jan. 80 Apr. 30 92 9354 Apr. 15 9854 Apr. Cuba Co conv s f 6s__________ 1935 J J 940,000 96 Sale 93 Mar. 9354 98 Sale 9854 Apr. 28 9254 Apr. 15 9454 Apr. 71,000 9354 Sale Cuba Cane Sugar conv 7s_____ 1930 J J 9354 Sale 9354 Sale 92 54 Apr. 96 Jan. 28 97 54 Apr. 5' 99 Apr. 206,000 9754 Sale 9354 94 9754 Sale Conv deb stamped 8%____ 1930: J J 9654 Mar. 100 Feb. 6 249,000 10854 Sale 10854 Sale 10854 Sale 10654 Apr. 23 109 Apr. Ouban-Amer Sug 1st coll 8s__ 1931'M S 10654 Apr. 10954 Feb. 13 94 Apr. 9 9954 Apr. 742,000 9254 Sale Cuban Dom Sug 1st 754s____ 1944 M N 9654 97 9854 Sale 9154 Jan. 9954 Apr. 23 60,000 100 10054 97 Sale 10154 Sale 10154 Apr. 5 102 Apr. Cumb TAT 1st A gen 5s____ 1937 J J 10054 Jan. 102 Mar. 19 11,000 95 Sale Cuyamel Fruit 1st s f 6s A___ 1940 A O 9454 Sale 9354 9454 9354 Apr. 1 9454 Apr. 93 54 Apr. 9554 Feb. 18 Denver City Tramw 1st gold 5s 1933'A O Sale 9454 Apr. 97 Sale 97 Apr. Denver Gas A El 5s................... 1951 M N 7,000 94 94 Jan. 94 54 97 Apr. 29 95 Apr. 96 Apr. 80,000 94 Stamped. ___________________ M N 9654 Sale 96 Mar. 12 9454 9554 Sale 9354 Jan. 84 Apr. 84 Sale 36,000 8554 87 Dery (D G) Corp 1st s f 7s___ 1942 M S 8754 Apr. 8754 88 84 Apr. 91 Feb. 25 20,000 101 Detroit Edison Co 1st 5s_____ 1933 J J 101 Jan. Feb. 23 10154 10154 10254 10154 102 10154 Apr. 8 10254 Apr. 10254 46,000 10254 10254 10254 Sale 10154 Sale 10154 Apr. “ 102 54 Apr. 1st A ref 5s Series A.__ July 1940 M S 10054 Feb. 10254 Jan. 29 10054 Apr. Sale 101 Sale 10154 61,000 10254 Apr. Gen A ref 5s Reries A_______ 1949 A O 100 Jan. 10054 Sale Feb. 2 10254 10854 Apr. 49,000 10754 10754 10754 10754 10754 Sale 10754 Apr. 1st A ref 6s Series B___ July 1940 M S 106 Mar. 10854 Apr. 23 102 10154 Apr. 10154 Apr. 69,000; 10054 10054 10154 Sale 101 Gen A ref 5s Ser B________ 19.55 J D Apr. 23 10054 Jan. 10154 91 Apr. 9454 Apr. 21,000 8954 9054 9254 9354 9254 93 Det United 1st cons g 454s-__ 1932 J J 90 Jan. 96 Mar. 17 Apr. 963,000 9654 Sale 9554 Apr. 9354 Sale Dodge Bros s f deb 6s_______ 1941 MN 9454 Sale Jan. 27 93 Mar. 9754 Apr. 75 Sale 77 Apr. 77 Sale 23,000 7354 Sale Dold (Jacob) Pack 1st 6s_____ 1942 M N 72 Jan. 83 Feb. 5 4854 Apr. 57 Apr. 48 49 24,000 6154 6154 5254 59 Dominion Iron A Steel 5s____ 1939 M S 4854 Apr. 6254 Feb. 6 93 Apr. 94 Sale 95 Apr. 75,000 94 Donner Steel 1st ref 20-year 7s. 1942: J J 9454 Sale 92 54 Jan. 97 54 Jan. 19 106 8,000 9854 10954 110 106 Apr. 13 10954 Apr. du Pont (E I) Powder 454s___ 1936 J D Apr. 16 9954 Jan. 10954 240,000 10554 10654 10654 Sale 10554 Sale 10554 Apr. 7 10654 Apr. Duquesne Lt 1st A coll 6s Ser A 1949'J J Jan. 107 Jan. 18 10554 106 Apr. 76,000 105 Sale 105 10554 10554 Sale 105 Apr. 1st coll tr 6 % s Ser B______ 11949 J J 105 Jan. 10654 Jan. 18 Sale 10554 Apr. Sale 10554 202,000 105 Sale 10554 10654 Apr. Eastern Cuba Sugar 754s_____ 1937IM 8 10454 Jan. 10854 Feb. 3 94 Apr. 9454 Apr. 7,000 9254 9354 9354 94 i 9454 Ed El Ill Bkn 1st con g 4s____ 1939 3 J 93 Jan. 9954 Feb. 4 10554 ____ 10554 Ed El Til N Y 1st cons g 5s___ 1995 J 3 102*4 103 Jan. 105 Mar. 10 Sale 8854 8654 Apr. 1 8854 Apr. 121,000 8554 8554 8754 Sale Elec Pow Corp (Germany! 6 54s 1950 M S 85 54 Jan. 8954 Feb. 27 9954 Apr. 29 100 Apr. 66,000 9954 Sale 100 Sale Elkhorn Coal 1st A ref 654s---1931 !J D 99 Feb. 2 100 Apr. 6 Empire Gas A Fuel 1st A ref 7 54s ’37 M N 253,000 10254 Sale 10254 Sale 102 Sale 10154 Apr. 5:10254 Apr. Apr. 5 104 Mar. 22 10154 9754 Apr. 9754 Apr. 83,000 1st A refOJ^s (with war’nts).1941IA O 9754 Sale 9754 Sale 9754 Mar. 311 98 Mar. 26 10054 Apr. 110,000 9954 100 10054 101 100 101 100 Apr. Equitable Gas 1st con 5s______ 1932 M S 9954 Feb. 2:10054 Feb. 13 96 Apr. 5,000 93 54 Sale 9354 Sale 9554 9554 9354 Apr. Federal L A Tr 1st s f 5s______ 1942 M S 9254 Mar. 3D 9754 Feb. 25 167,000 1015s Sale 10054 Sale 10254 Sale 100 Apr. 10354 Apr. 1st lien s f 6s stmpd________ 1942 M S 100 Apr. 1 10454 Mar. 5 9354 Apr. 94 Sale I 94 Sale 57,000 93 Sale 9454 Apr. 30-year deb 6s ser B________ 1954 J D 93 Jan. 2 96 Mar. 5 91 Apr. Sale 91 93 93 Apr. 26,000 9354 Federated Metals conv 7s____ 1939 J D 97 91 Apr. 16 97 Jan. 6 115 Sale 11554 Sale 11354 Apr. 116 Apr. 41,000 11354 114 Fisk Rubber 1st s f 8s_______ 1941 M 8 11354 Jan. 4 11654 Jan. 28 80 Apr. 82 Apr. 80 82 Sale 67,000 78 Ft Smith Lt A Traction 5s___ 1936 M S 7854 77 Jan. 26 82 Apr. 28 7554 8954 Apr. 89 60,000 8854 Sale 9154 Apr. 9254 9054 Sale Frameric Ind & Dev 20-yr 754s 1942 J J 88 Mar. 93 Feb. 18 Sale 10454 Apr. Francisco Sugar 20-yr 75<r___ 1942 M N 63,000 10454 106 10554 Apr. 10454 Sale 104 Mar. 10754 Feb. 1 Sale 7954 Apr. 83>4 Apr. French Nat Mail SS Lines 7s__ 1949 J D 188,000 82)4 Apr. 83 54 Apr. 30 7954 10054 Gas A Elec (Bergen Co, 5s___ 1949 J D 10254 99 54 10054 Jan. 10054 Mar. 19 105 107 105 Apr. 106 10654 Apr. Gen Asphalt conv s f 6s______ 1939 A O 26,000 104 54 106 54 Jan. 21 10454 Jan. 87 Apr. 88 89 90 90 12,000 8954 Apr. Sale General Elec deb g 3 54s .. —1942 P A 87 Feb. 8854 89 >4 Apr. 20 96 Apr. 98 Sale 225,000 95 Sale , 96 Sale 9854 Apr. General Elec (Germany) 7s..1945 J J 95 Jan. 9854 Feb. 9 102 Apr. Gen Refractories 1st 6s______ 1952 F A 17,000 101 10354 101 Sale 101 10254 101 Apr. 10054 Jan. 10254 Jan. 4 Sale 105 Apr. Sale 107 Apr. 375,000 10354 10454 10554 10654 Goodrich (B F) Co 1st 6148.... 1947 J J 104 Jan. 107 Apr. 24 12154 Apr. 150,000 12154 Sale 12054 Sale 12154 Sale 12054 Apr. Goodyear Tire A Rub s r 8s___ 1941 M N 122 Jan. 29 12054 Apr. 110 Sale 11054 Sale 110 Apr. 11054 Apr. 10-year deb s f 8s_____ May 1931 F A 397,000 10954 100 10954 Jan. 11254 Feb. 19 91 Apr. 90 41,000 91 9054 90 Apr. Gould Coupler 1st l6-yr sf 6s..1940 P A 9154 85 90 Mar. 9354 Mar. 2 100 Apr. 1,000 100 10154 100 10054 100 Sale 100 Apr. Granby Con M 8 A P 1st 6s__ 1928 M N 100 Feb. 101 Jan. 7 100 100 Stamped______________________ M N 100 102 Jan. 101 Jan. 7 10054 101 Apr. 104 Apr. Conv deb 7s__________ .. 1930 M N 174,000 10354 Sale 102 Sale 104 Sale 100 Mar. 10954 Feb. 5 109 Apr. 71,000 9654 9754 10354 Sale 10454 Sale 10354 Apr. Gray A Davis 1st conv s r 7s..1932 F A 109 Apr. 6 9654 Jan. 9054 Apr. 93 Apr. 233,000 91 Gt Cons El Pow (Japan) 7s.__ 1944 F A 9254 Sale Apr. 9154 9054 Sale 9054 9354 Feb. 24 104 Apr. Great Falls Power IstsfAa.__ 1940 M N 10,000 10154 10254 10254 104 104 Sale 10254 Apr. 10154 Jan. 10454 Mar. 19 8754 Apr. 28,000 8654 87 8754 Apr. Hackensack Water 1st 4s____ 1952 J J 8754 8754 88 Feb. 15 8654 Jan. Hartford Street Ry 1st 4s___ 1930 M 8 8654 8654 8554 94 Apr. 95 Apr. 95 Sale 44,000 9154 93 9454 Sale Havana El Ry Lt A P 5s........... 1954 M 8 9254 Jan. 95 Apr. 19 94 54 Apr. 8,000 9454 9554 9654 9654 Apr. Havana Elec Ry cons g 5s. 1952 P A 9454 9454 Mar. 9654 Apr. 16 Sale 101 Sale 10054 Apr. 372,000 9954 Sale 10054 10154 Apr. Hershey Chocolate 1st A coll 5 54s’4O J J 102 Feb. 19 9954 Jan. 94 Apr. 16, 96 Apr. 94 Sale 96 Sale 32,000 9854 Sale Hoe (R) A Co 1st 654s A.......... 1934 A O 94 Apr. 9954 Jan. 6 83 Sale 8154 Apr. 1 83 Apr. 68,000 8554 8554 8154 Sale Holland Amer L 6s (flat) .....1947 M N 79 Feb. 8554 Jan. 26 108,000 10054 10154 102 10254 10354 10154 Apr. 5 103 Apr. Hudson County Gas 1st 5s___ 1949 M N Apr. 13 10054 Jan. 103 180,000 10154 Sale 10254 Sale 10254 Sale 102 Apr. 14 10254 Apr. Humble Oil A Ref 5148.............1932 J J 10154 Feb. 103 Feb. 27 Sale Sale 10254 Apr. 151,000 10054 Sale 10254 10254 1)10354 Apr. Illinois Bell Telep 1st A ref 5s A 1936 J D 10054 Jan. Apr. 16 10354 95 Apr. 1| 97 Apr. 95 Sale 84,000 9454 Sale Illinois Steel deben 414s______ 1940 A O 9654 Sale 9454 Jan. 97 Apr. 15 9454 Apr. 15! 94 54Apr. 95 8,000 9054 9154 94 Ind Nat Gas A Oil ref 5s.......... 1936 M N 9154 Feb. Apr. 15 9454 10354 Apr. 5404 Apr. 40,000 10354 Sale 10354 103 54 103 54 Indiana Steel 1st 5s.._______ 1952 M N 10254 Feb. 10454 Feb. 12 100 100 Ingersoll Rand 1st 5s.__ Dec 1035 J J 9954 Sale 100 9854 Apr. 322,000 1540054 Apr. Inland Steel deb 514s________ 1945 M N 9854 Apr. 15 10054 Apr. 27 46,000 10154 Sale 10154 Apr. 3040154 Apr. Inspiration Copper 614s_____ 1931 M S 10154 Apr. 30 10154 Apr. 15 13 -Inter-Metropolitan -oil 414s.. 1956 A O 20 coll 414s..1966 15 Trust Co ctfs of deposit________ 13 16% stamped_______________ 74 Sale 6554 Apr. 6554 Sale Interboro R T 1st A ref 5s.__ 1966 J J 3,507,000 6754 Sale 7454 Apr. 30 6254 Jan. 74 54 Apr. 30 66 Apr. 66 Sale 74 Apr. 30 62 Jan. 7354 Sale Stamped____________ ________ J J 5,535,000 6554 Sale 74 Apr. 30 77 Sale 6854 Apr. 6854 Sale 10-year 6% notes_________ 1932 A O 1,541,000 7054 Sale 7754 Apr. 64 Jan. 7754 Apr. 30 94 Sale 8954 Apr. 10-year 7% notes___________ 1932 M S 1,153,000 89 Sale 8954 Sale 9454 Apr. 8554 Jan. 9454 Apr. 23 90 94 Int Agri Corp 1st A coll tr 5s_ 1932 M N 75,000 8854 8854 9454 Apr. 9054 9454 9354 Apr. 8854 Jan. 9554 Jan. 28 645,000 8254 Sale Stamped extended to____ l942,M N 86 8954 83 8754! 86 Apr. 8954 Apr. 82 54 Jan. 2 90 Feb. 15 Int Merc Marine 1st s f 6s 1941 A O 5,233,000 8654 Sale 8554 Sale 9254 Sale ' 85 Apr. 98 Apr. 8454 Mar. 23 98 Apr. 27 May, 1926.] 21 BONDS—STOCK EXCHANGE RECORD RANGE SINCE JAN. 1. BONDS N. Y. STOCK EXCHANGE. Tntern Paper conv 5s Ser A.__ 1947 J J 1st & ref s f 5s Ser B............... 1947 J J Ref 6s ser A______________ 1955 M S Internet T & T conv deb 5)4s -1945 M S Jurgens Works 6s (flat)_______ 1947iJ J Kansas City Power & Lt 5s__ .1952IM S Kansas Gas & El 1st s f 6s____ 1952 M S Kayser (Julius) & Co 7s______ 1942F A Kei?y Springfield Tire 8s........... 1931"' Keystone Telephone 1st 5s___ 1935 Kings Co E L & Pow g 5s____ 1937 Purchase money 6s *______ 1997 Kings to Elevated 1st g 4s.__ 1949 Stamped guaranteed______ 1949 Kings Co Lighting 1st ref 5s__ 1954 lst&ref6)4s_____________ 1954 Kinney (G R) Co conv 7)68__ 1936 Lackaw Steel 1st cons 5s Ser A. 1950 M S Laclede Gas L ref & ext 1st 5s.. 1934 A O Coll & ref 5)4s Series O____ 1953 Lehigh Coal & Nav 4)4s_____ 1954 Lehigh Valley Coal 1st 5s____ 1933 1st 40-yr gu int red to 4 %__ 1933 Lex Av & Pav F’y 1st gu g 5s..1993 Liggett & Myers tobacco 7s__ 1944 Registered__________________ 5s................ ...............................1951 Registered_________________ Lorillard (P) Co 7s.................. 1944 Registered _______________ 6s.. ________........................... 1951 Loulsv^as & El 1st & ref 5s__ 1952 Louisville Ry 1st cons 5s_____ 1930 Lower Austrian Hydro-Elec Co— 1st s f 6)4s.................. 1944 Manati Sugar 1st « f7t$s _____1942 Manhattan Ry (N Y) con g 48.1990 2d 4s____________ ..2013 Manila Electric 1st ref 7s______ 1942 Manila El Ry & Lt 1st 5s_____ 1953 Market St Ry 1st 7s____ Apr 1940 Metropolitan Edison 1st 6s B..1952 1st & ref 5s Series O____ ... 1953 Metropolitan Power 1st 6s A 1953 Met West Side Elev (Chicago) 4s ’38 Mid-Continent Petrol 1st 6)48.1940 Midvale St & Ord conv s f 5s. _ 1936 MilwEl Ry & Lt ref & ext4)4s_1931 General & refunding 5s A__ 1951 1st & ref 5s ser B_________ 1961 1st <& ref g 6s series O______ 1953 MU waukee Gss ft 1st 4s 1927 Montana Power 1st & ref 5s A. 1943 Mont Tram isi & ref A 5s____ 1941 General & refunding 5s A__ 1955 Morris & Co 1st s f _____ 1939 Mortgage-Bond Co 4s ser 2.. 1966 10-20-year 5s series 3_____ 1932 Murray Body 1st 6)4s________ 1934 Mutual Fuel Gas 1st gu 5s___ 1947 Mutual Union Tel 5s_________ 1941 Nassau Elec guar gold 4s____ 1951 National Acme 1st 7)4s______ 1931 National Dairy Prod 6s temp .1940 Nat Enam & Stp 1st 20-yr 5s_ 1929 Nat Starch 20-year deb 5s.__ 1930 National Tube 1st 5s_____ __ 1952 Newark Con Gas 5s_________ 1948 New England T & T 30-yr 5s.. 1952 N Y Air Brake 1st conv 6s___ 1928 New Orleans P S 1st & ref 5s A. 1962 1st* ref 5s B____ _________ 1952 N Y Dock 50-year gold 4s___ 1951 N Y Edison 1st & ref 6)4s___ 1941 1st Hen & ref 5s B_________ 1944 Y Gas El Lt Ht & Pow 5s...1948 Purchase money coll tr g 4s. 1949 N Y L E & W Coal & RR 5)4s.l942 Dock & Impt ext 5s______ 1943 N Y Queens E L & P 5s.......... 1930 New York Rys 1st & ref 4s___ 1942 Trust Co certfs of deposit______ Adjustment income 5s, Jan 1942 Trust Co certfs of deposit____ N Y Rys Corp Inc 6s_____ Jan 1965 Prior lien 6s ser A_________ 1965 J J N ¥ & Rich Gas 1st 6s A........... 1952 M N N Y State Rys 1st cons 4)4s_ 1962 M N Registered__________________ |MN 1st con 6)4s ser B_________ 1962 M N New York Steam 1st 6s______ 1947 M N N Y Tel 1st & gen s f 4)4s._..1939 M N 30-year debenture 6s______ 1949 F A 20-year refunding 6s gold 1941,A O Niagara Falls Power 1st 5s___ 1932 J J Refunding & gen 6s___ Jan 1932 A O Nlag Lock & Ont Pow 1st 5s A .1955 No Amer Cement deb 6 )4s A..1940 North Amer Edison Co 6s A.. 1952 Sec s f g 6J4s series B______ 1948 Nor Ohio Trac & Lt gen & ref 6s 1947 North States Power 5s A____ 1941 Registered________________ 1st & ref 6s series B_______ 1941 Northwest Teleg 1st 4)4s____ 1934 Ohio Public Serv 1st & ref 7)48-1946 1st & ref 7s series B_______ 1947 Ohio River Edison 1st 6s____ 1948 Old Ben Coal 1st g 6s_______ 1944 Ontario Power N F 1st 5s____ 1943 Ontario Transmission 1st 5s__ 1945 Otis Steel 1st 20-year 8s_____ 1941 1st 25-year s f 7)48 series B..1947 Pacific G & E gen & ref 5s___ 1942 Pacific Pow & Lt 1st & ref 5s..1930 Pacific Tel & Tel 1st 5s............. 1937 30-year 5s series A_________ 1952 Pan-Am Pet & T Conv s f 6s.. 1934 1st lien 7s_________________ 1930 Paramount B’way 1st 5)4s____ 1951 Park-Lexington leasehold 6)4s.l953 Paterson & Passaic G & E 5s.. 1949 People's Gas & Coke 1st 6s___ 1943 Refunding gold 5s__________ 1947 Phlla Company 1st & ref 6s__ 1944 15-year conv deb 5)4s______ 1938 Phlla & Read C & I ref 5s.......... 1973 Pierce Arrow deb 8s__________ 1943 Pierce Oil Corp s f 8s________ 1931 PlUsbury Flour Mills 20-yr 6s. 1943 Pleasant VaUey Coal 1st 5s__ 1928 Pocahontas Con CoU 1st s f 5s.l957 Port Arthur Canal & Dock 6s.. 1953 1st mtge 6s Series B_______ 1953 Portland Elec Pow 1st 6s ser B.1947 Portland Gen Elec 1st 6s.____ 1935 Portland Ry 1st & ref 5s 1930 28! 6! 23 29i 26 16, 103)4 101 x 98)4 90)4 102 101)4 ll 99 271 9934 30 9254 Jan. 19 96 Jan. 4 101)4 Mar. 12 111 Jan. 20 102 Jan. 6110534 Jan. 2 101 Mar. 3 102)4 Mar. 3llO8X Jan. 6 107)4 Apr. 24 10434 Jan. 4 9834 Jan. 16 93 Jan. 15 104)4 Feb. 26 103)4 Jan. 2 Jan. 23 Jan. 6 Vi [Vol. 122. Portland Ry, LAP conv 5s__ 1942 1st lien & ref 6s series B.__ 1947 1st & ref 7 Xs series A_____ 1946 Porto Rico Amer Tobacco 8s..1931 Pressed Steel Car 10-year 5s__ 1933 Prod & Ref 8s with warrants.. 1931 Without warrants______________ Pub Serv Oo»p M J sec g 6s__ 1944 Public Serv E & G 1st 5Xa.__ 1959 1st & ref 5Xs_____________ 1964 Public Service Elec Lt s f g 6s - -1948 Punta Alegre Sugar 1st conv 7s. 1937 Remington Arms 1st s f 6s.__ 1937 Republic Iron & Steel s f 5s__ 1940 Ref & gen 514s A_________ 1953 Rlma Steel 1st 7s....................... 1955 Robbins & Myers 1st s f 7s___ 1942 Rochester Gas & El 7s ser B..1946 Gen Mtge 5Xs series O____ 1948 Rogers-Brown Iron 7s_______ 1942 Stamped__________________ 1 BONDS H. V. STOCK EXCHANGE. Inte rest Per iod BONDS-STOCK EXCHANGE RECORD r M M M J J J F A A A a N N N J D D A O O O .1 J M N A O J J F A J 1) M 8 M 8 M N MN Sales in April Par Value. Price Jan. 2 1926. Bid. S 82,000 89 X 55.000 99 29,000 106 4,000 105X 127,000 94 M 110M 8,000 110M 379,000 100 X 105,000 103X 171,000 103X 111,000 106M 175,000 106 65,000 85 M 114,000 98 78,000 92 X 29,000 90 X 10,000 61 X 32,000 112M 5,000 105M 2,000 71M 2,000 Ask Sale 99X 106 M 106 95 Ctfs of deposit stamped_____ 7Ms with A without warts..1937 Ctfs of dep without warrants.. Ctfs of dep with warrants____ Va Iron, Coal A Coke 1st g 5s. 1949 Virginia Ry A Pow 1st 5s____ 1934 J J J M J WalworthCo6MssepA (with war)’35 ■ 1st 8 f 6s ser A_____________1945 Warner Sugar Ref 1st 7s_____ 1941 Warner Sugar Corp 1st 7s____ 1939 Wash Wat Pow 1st 30-yr 5s__ 1939 Westchester Light gold 5s_____ 1950 West Ky Coal 1st 7s_________ 1944 West Penn Pow 1st 5s Ser A__ 1946 1st 30-year 7s Ser D_______ 1946 1st 5s Series E_____________ 1963 1st g 5Ms Ser F........................1953 West Va Coal A Coke 1st 6s.. 1950 Western Electric deb 5s______ 1944 West Un Coll tr cur 5s_______ 1938 Fund A real est 4M« g_____ 1950 15-year 6MsK • —............. ...1936 Westinghouse E A M 7s_____ 1931 White Sewing Machine deb 6s. 1936 Wlckwire-Spencer Steel 1st 7s . 1935 Certificates of deposit_______ Certificates of deposit stamped . Wickwire Sp Steel Co 7b..Jan 1935 Willys-Overland 1st s f g_____ 1933 Wilson A Co 1st s f 6s_______ 1941 Registered________________ lO-year conv s f 6s________ 1928 Certificates of deposit_______ 10-year conv 8 f 7 Ms______ 1931 Certificates of deposit_______ Winchester Rep Arms 7 Ms.__ 1941 A O A O j n J J J 3 J T) MN M S F A M S A O J J A O J J M N F A M N .1 J J .1 MN MN MN M 8 A O A O J D J J J S J F A A O 183,000 16,000 138,000 34,000 34,000 86,000 148,000 3,000 1,000 25,000 71,000 75,000 71,000 42,000 75,000 207,000 16,000 66,000 148,000 516,000 90,000 27,000 36,000 96,000 342,000 3,000 15,000 2,000 21,000 46,000 91X 93 98 Sale 95 81 M 101 X 102X 100X 100 106 100 104 X 83 M 100X 102 96 M 111X 106 X Bid. 90 X 100X 107 M 105 X 1?4M 112X 110 Sale 101X 105 104 Sale 105 Sale 107 X Sale 104 X Sale 84 X 98 X 98 X Sale 93 X 90 % 88 X 66 62 112M 105 J s 73 67 M St Joseph Ry, L H & P 1st 5s..1937 M N 20,000 91 91 X St Joseph Stock Yards 1st 4 Xs_ 1930 3 J 96 35,000 78 St L Rky Mt & Pac 5s stamped. 1955 J J 79X 6,000 70 M St Louis Tran gu imp 5s_____ 1924 A O 2,000 95 X Ido St Paul City Ry Cable 5s____ 1937 J .1 217,000 107 107X Saks ft Cosf 7s_______ _____ 1942 M S 254,000 92 X Sale Saxon Pub Wks (Germany) 7s. 1945 F A 18,000 101 M 101X San Antonio Public Serv 6s__ 1952 J J 63,000 106 X 107 M Sharon Steel Hoop 1st 8s____ 1941 M S 128,000 106M 106X Sheffield Farms 1st & ref 6)48.1942 A O 85.000 91 M Sale Sierra & San Fran Power 1st 5s. 1949 F A 168,000 93 X Sale Sinclair Cons Oil 1st lien 7s__ 1937 M S 1st lien 6s C with warrants.. 1927 J D 1,502,000 113X Sale 241,000 87 Sale 1st lien coll 6)4s B....... .......... 1938 J D 333,000 100M Sale Sinclair Crude Oil Purch 6s A..1928 F A 68,000 3-year 6% notes B..Feb. 15 1926 F A 817,000 87 Sale Sinclair Pipe Line 20-year 5s..1942 A O Skelly Oil 6% notes............. ...1927 A O 2,148,000 129 Sale 23,000 101 Smith (A O) Corp 1st 6Xs___ 1933 M N 101 X 125,000 107X Sale So Porto Rico Sugar s f 7s__ 1941 J D 46,000 101 X Sale South Bell T & T 1st s f 5s___ 1941 J J 116,000 Southern Colorado Power 1st g 6s'47 J J 98 X Sale 557,000 100X Sale Southw Bell Teiep 1st & ref 5s. 1954 F A 1,000 98 M 99 X Spring Valley Water g 5s_____ 1948 M N 33,000 100 X 100M Standard Milling 1st 5s_______ 1930 MN 39.000 98 M 1st & refunding 5 Ms_______ 1945 76,000 107 X Sale Steel & Tube gen s f 7s ser G..= l951 3 .1 140,000 89 M 90 M Sugar Estates Orlente 7s_____ 1942 M 8 8,000 92 M 95 Superior Oil 1st s f 7s_______ 1929 FA 15 4,000 100M Syracuse Lighting Co 1st g 5s. 1951 3 D 2,000 102M 103M Tenn Coal, Iron A RR gen 5s.. 1951 J 3 202,000 102 X Sale Tenn Elee Power 1st A ref 6s.. 1947 3 n 648,000 55 X Sale Third Ave 1st ref 4s________ 1960 j j Adjustment income 5s..Jan i960 A O 3,975,000 41 X Sale 40,000 94 Third Ave RR 1st gold 5s......... 1937 J J 94 X 264,000 Toho Elec Power (Ltd) 7s Ser A 1955 540,000 Tokyo Electric Eight (Ltd) 6s. 1928 113,000 109 Sale Toledo Edisen 1st g 7s______ 1941 M 8 182,000 98 Sale Toledo Tr, LAP 5X % notes..1930 J ,1 50,000 99M 103M Trenton Gas A Elec 1st 5s.__ 1949 M S 218,000 TrumbnB Steel 1st s f 6s_____ 1940 F A 144,000 Twenty-third St Ry imp A ref 5s '62 J J 65 72,000 Tyrol Hydre-Etsc Tower 7 Ms. 1955 1,000 92 X Undergr d of London 4X«_____ 1933 3 J J J Income 6s_________________ 1948 91X 3,000 104 X Sale Union Bag A Pap 1st 6s______ 1942 M N 45,000 100X Sale Union El L A P 1st g 5s..____ 1932 M 8 61,000 Refunding 5s______________ 1933 M N 100 X Sale 56,000 100 M Sale 1st gold 5Ms series A_______ 1954 J J 12,000 78 Union Elev Ry Chic 1st 5s....1945 A O 79 X 20,000 100M 101 Union Oil Cal 1st 1 5s.................. 1931 3 J 54,000 104 104 M 30-yr 6s Ser A________ May 1942 F A 210,000 First lien s f 5s Ser C............... 1935 A O 95 X Sale 68,000 103 M Sale United Drug g 6s____________1944 A O 29,000 101 X Sale United Fuel Gas 1st s f 6s____ 1936 J .1 2,000 Un Rys Inv 5s Pitts iss______ 1926 M N X 99 % 5,000 99 Stamped______________________ 99 X 100 30,000 74 United Rys St L 1st g 4s.......... 1934 J J 74 X 52,000 94 United Steamship 15-yr 6s.___ 1937 M N 94 M 107,000 103 103 M United Stores Realty 6s_______ 1942 A O 908,000 91X Sale U 8 Rubber 1st A ref 5s Ser A. 1947 J J 273,000 107 Sale 10-year 7Xs______________ 1930 F A 758,000 105M Sale U 8 Steel Corp s f g 5s__ Apr 1963 M N 1,000 Registered____________________ 236,000 87 M Sale Utah Light A Trac 1st A ref 5s. 1944 A O 286,000 95 X Sale Utah Power A Lt 1st 5s______ 1944 F A 6,000 100X 101X Utica Elec Lt A Pr 1st 5s____ 1950 J J 43,000 100M Sale Utica G A El ref A ext 5s____ 1957 J J 191,000 90 M 91 X Vertlentes Sugar 1st s f 7s.__ 1942 j n 6,000 53 X 62 M Victor Fuel 1st s f 5s________ 1953 J J 5,000 104 X Va-Car Chem 1st 7s__________1947 J D 2,000 105 X 106 Certificates of deposit_________ Stamped as to payment of 40 % 42,000 105X Sale 1st 7s............ .................... .1947 665,000 105 Sale Certificates of deposit_____ Sale Sale 103 101 Sale 106X Sale 105 X Sale Sale Sale 97 X Sale Sale RANGE SINCE JAN. 1. PRICES IN APRIL. April X. April 30. Ask. Bid. Sale Sale Ask 30 10 5 16 22 110X 101 104 X 104X 107 X 104X 80X 97 X 92X 88 58 112 105X 67 65X 95 X 94 Sale 80X 76X 98 95X Sale 110X Sale 94 Sale 102X 107 X 107X 107 X 107X Sale 92X Sale 95 Sale 105 Sale 89X Sale 100X Sale 100X Sale 88X Sale 116 101 100X 108X 107 102X 102X Sale 98 Sale 102X 99X Sale 100X Sale 99 Sale 107X Sale 98X 95 96 100X Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 14 112X 104 X 105 X 105 X 107 X 107 X 85 X 100 X 94 X 89 63 113X 105 X 70 65 X 94X Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 26 23 21 12 1 30 17 27 29 1 9 5 24 28 30 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 81X 76X 95X 110X 96 104 108 108 94X 96X 109 91 100X 100X 90X 142X 101X 109X 103 X 98X 103X 99X 101X 100X 108 99X 95X 101X Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 103 X 104X 58X 54X 95 91X 97X 108 98X 102X g5X 67X 95X 96 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 103X 105X 64 X 64 X 96 X 92X 98X 108X 99 X 102 X 95 X 73 X 96X 96 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 104X 100X 100X 100X 78X 100X 104 95X 104X 101X 99X Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 77X 90 103X 92X 107X 105X 106 86X 95X 101X 101X Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 111X Sale 105 X Sale Sale Sale Sale Sale Sale 88 X 63 112X 105 71 Sale 102 X 105 X 62 61X 96 92 X 98 108X 98 X 102 X 95 X 72 X 96 95 X 95 X 105 104 X 101X 101X Sale 100 X Sale 101 79 101 105 X 105 X Sale .97 X Sale 105 X Sale 101X 100 99 X 100 99 X 78 77 X 94 X 90 Sale 104 Sale 94X Sale 108 Sale 107 Sale 90 X Sale 97X 102 X 102 Sale 58 108 Sale 97 X Sale 97X 58 64 X 58 106 X 108 105 105 X 105 105 Sale Sale 105X 107 106 X Sale 100 106X 106X 94 Sale 98 X Sale 94 Sale 93 X Sale 92 X Sale 77 X Sale 101 x 102 103 101X Sale 101 Sale 105 X 106 X 100X 101X 105 X 105 X 84 Sale 101X Sale 102 X 103 97 97 X 112X Sale 105 X Sale 95 95 X 60X 65 73 X 90 ------- 74X 73 63 X 63 X 57 Sale 102X 102X 102 X Sale 99 X Sale 99 M Sale 52 53 70 X 40 49 X 67 X 74 53 69 X _____ 52 ......... 52 ------- 71 102 Sale 101X 102 Sale Sale Sale 96 X Sale Sale Sale 98 X Sale 73 X Sale Sale 101X 101X Sale 103 Sale Sale Sale Sale Sale 100 78 Sale Sale Sale Sale Sale Sale Sale Sale 91X 94 98 X Sale 94 Sale 94 X 95 X 93 Sale 79X Sale 102 Sale 102 X 103 101 101X Sale 105 X 106 X 102 Sale 105 105X 83 X Sale 102 X Sale 103 Sale 97 X 97 X 113X 113X 105 X Sale 95 95 X 60 Sale 51X 102 X 99 X 41 44 40 41 102 Sale Prices. Apr. Apr. Apr. Apr. Apr. 101 x 105 59 X 54 X 95 91X 97 X 108 X 98 X 101 95 X 64 X 96 X 95 X 95 X 104 X 100 x 100 x 101 x 79 X 100X 104 X 95 X 105 X 103 X 99 X 99 X 77 94 103 X 92 X 107 X 105 X 87 96 101X 101X 99 X 52 75 105X Sale Sale Sale 95 X Sale Sale 108 X 98 X Sale 67 X Sale Highest. Sale Prices. 88X Jan. 99 Jan. 4 106X Apr. 29 105X Jan. 6 94X Mar. 30 110X Mar. 21 109X Jan. 26 lOO Jan. 103X Jan. 103X Jan. 106 Jan. 104 Mar. 31 80X Apr. 30 97X Jan. 19 92M Feb. 26 88 Apr. 1 58 Apr. 19 112 Mar. 20 105X Apr. 10 67 Apr. 27 65X Apr. 30 92 X 102 107X 105 X 96X 94 X 97 X 80 X 76 X 100 95 X Sale 110X Sale 95 X 103 104 Sale 107 X 108 107 X Sale 94 X Sale 96 X Sale 108 X Sale 91 Sale 100 X Sale 100 X Sale 90 X Sale 140 X Sale 100 X Sale 107 Sale 102 X Sale 98 X Sale 103 98 X 101X 101X Sale 100 X 107 X 108 Sale 98 X 97 95 X Sale 101 x 94 X Lowest. Sale Prices. Prices. Apr. 5 Apr. 5 Apr. 29 Apr. 9 Apr. 1 94 97 X 78 X 70 X 95 X 110X 94 101X 107X 107 X 93 95 X 108 89 X 100 X 100X 88 X 116 101X 107 X 102 X 98 X 102 X 97 X 100X 99 X 107X 98 QK X 100X "so” Highest. Sale 90X 100X 106X 105X 94X 92 X Sale 100X 101 107 Sale 105 X ill* Sale 110X 111 Sale 104 X 104 X Sale 105 X Sale 107 X Sale 107 X Sale 80 X 98 X 98 X Sale 94 X Sale 88 Sale 58 113X 112 105 M 104 X 71 67 65 X Lowest. 105 Apr. 104X Apr. 93 Apr. 28 93 Apr. 98X Apr. 93X 94 91 77X 101 X 102X 101 100X 105X 101X 105X 83X 101X 102X 97 Ill 105X 94X 60 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 88 Sale 50X Apr. 102 X 102 Apr. Sale 99X Apr. 47 Sale 50 44 Sale 45 X 44 45 41 102 Apr. Apr. Apr. Apr. Apr. 13 30 14 29 1 Apr. 13 91 X 95 X 78 70 X 95 X 107 X 92 X 101X 107 X 106X 91X 93 X 105 87 100X 100X 87 112X 100X 107 101X 97 X 100X 99 X 98 X 97 X 107 X »89M 95 100 Jan. Jan. Jan. Jan. Feb. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Apr. Jan. Apr. Mar. Jan. Mar. Apr. Jan. Jan. Jan. Jan. Apr. Feb. Jan. Apr. Jan. Jan. Mar. 93 102 X 108X 106X 98 X 112X 112X 104X 105 X 105 X 108 111 88 100X 94 X 90 X 68 X 114 106 73 X 65 X 97 96 81X 76 X 95 X 110X 96X 104 109 108 X 95 97 X 113X 91 101 101 91 131 102X 109X 103 X 99 X 103 X 99 X 101X 100 X 109 100 97 X 101X Jan. 28 Jan. 12 Feb. 5 Apr. 12 Apr. 26 Apr. 28 Mar. 12 Apr. 30 Mar. 17 Jan. 27 Feb. 3 Feb. 15 Jan. 2 Apr. 23 Jan. 26 Jan. 26 Jan. 30 Jan. 25 Jan. 22 Apr. 23 Apr. 16 Feb. 20 Apr. 16 Apr. 8 Apr. 28 Apr. 27 Jan. 16 Mar. 12 Feb. 15 Apr. 29 103 X Mar. 22 103 X Apr. 105 X Mar. 8 102X Jan. 65 X Feb. 5 55 X Jan. 65 X Feb. 5 41X Jan. 93 X Jan. 96X Apr. 29 92 X Feb. 18 90 X Jan. 97 Mar. 98 X Feb. 27 108 Apr. 109 X Jan. 98 Jan. 99 X Apr. 100X Jan. 102 X Apr. 22 97 Feb. 27 95 X Apr. 61 Jan. 73 X Apr. 29 97 X Jan. 28 95 X Apr. 96 Apr. 15 94 Feb. 94 Mar. 23 90 Mar. 104 X Apr. 105 X Jan. 16 104 X Jan. 101X Apr. 102 X Feb. 10 100X Feb. 101X Apr. 100 X Jan. 101X Mar. 9 102X Apr. 102 X Apr. 24 100X Jan. 80 Apr. 80 Feb. 17 77 X Jan. 100X Apr. 101X Jan. 20 100 X Apr. 105 X Apr. 105X Mar. 12 100X Mar. 97 X Apr. 98 Mar. 12 95 X Jan. 106 Apr. 106X Feb. 20 103 X Jan. 103X Apr. 104 Mar. 4 101X Jan. 99X Apr. 100X Feb. 10 99 X Jan. 100 Jan. 27 99 X Jan. 79 Apr. 79 Apr. 10 74 M Jan. 94 Apr. 95 Feb. 6 90 Apr. 104X Apr. 105 Mar. 22 103 Jan. 95 Apr. 95 Apr. 26 91X Jan. 108X Apr. 108 X Feb. 6 106X Jan. 107 Apr. 107 Apr. 15 105 Mar. 106 Apr. 106 Apr. 13 105X Jan. 90X Apr. 90 X Apr. 30 86 X Jan. ns 97X Apr. Jan. 97 X Apr. 16 102X Apr. 102 X Apr. 14 100X Jan. 102X Apr. 102 X Apr. 14 100X Jan. 99X Apr. 90M Jan. 9 99X Mar. 23 64X Apr. 53X Feb. 4 64X Apr. 29 106 Apr. 105 Mar. 27 107X Feb. 2 106 Apr. 105X Mar. 17 106 Mar. 15 107 Apr. 108 Jan. 7 105 Mar. 107X Apr. 109X Jan. 5 104X Mar. 108X Jan. 5 106X Jan. 107 Jan. 111X Feb. 3 97X Apr. 17 93 Mar. 113X Feb. 5 107 Jan. 2 107 Jan. 98 Apr. 98 Apr. 29 91X Jan. 99X Apr. 99X Apr. 28 97 X Mai . 95 Apr. 95 Apr. 19 93X Apr. 95X Apr. 91 X Mar. 95 X Apr. 7 93 Apr. 91 Apr. 100 Feb. 5 81 Apr. 76 Mar. 88X Feb. 11 101X Apr. 101X Jan. 102 X Feb. 16 102X Apr. 102X Jan. 103 X Jan. 15 102X Apr. 100 Jan. 102 X Apr. 15 102X Apr. 99X Jan. 102 X Mar. 4 106X Apr. 105X Jan. 108X Feb. 26 102 X Apr. 99X Jan. 102 X Apr. 29 105 X Apr. 106 Jan. 13 104X Mar. 85 Apr. 81 Jan. 91 Feb. 13 103 Apr. 100X Jan. 103 Apr. 29 103 Apr. 102 Jan. 103X Feb. 16 97X Apr. 96X Jan. 97 X Jan. 4 113 X Apr. Ill Jan. 113X Apr. 10 106 X Apr. 105X Mar. 106 X Jan. 2 95X Apr. 96 Mar. 25 94X Apr. 60X Apr. 60 Apr. 70 X Jan. 21 60X Mar. 60 X Mar. 23 70X Jan. 70 X Jan. 14 58 Apr. 50X Apr. 68 X Jan. 20 103 Apr. 102 Mai. 103 X Feb. 16 100X Apr. 98X Jan. 101 Feb. 16 45X Apr. 13 45X Apr. 13 Jan. 50 Apr. 3 44 Apr. 30 Jan. 45 Apr. 14 45 Apr. 14 Mar. 50 Apr. 5 Apr. 29 Jan. 6 102 X Apr. 5 101X Jan. 6 102 X Feb. 11 Voungs’n Sheet A Tube 6s.1943 J J 3 458,000 102X Sale 102 X Sale 102 Apr. 1 103X Apr. 30 a On the basis of $5 to the £ sterling, c First Installment paid d Full paid, e Part paid, j Optional sale, i Bonds “when issued." Jan. 30 Mar. 11 Mar. 19 Feb. 2 Jan. 30 Feb. 3 Apr. 26 Apr. 23 Apr. 21 Mar. 23 Feb. 17 Feb. 5 Jan. 27 Mar. 22 Apr. 29 Jan. 6 Mar. 15 Jan. 27 Jan. 13 Mar. 9 Apr. 30 23 STOCKS-STOCK EXCHANGE EECORD Mat, 1926.] STOCKS—PRICES AND SALES FOR APRIL AND THE YEAR TO DATE. In accordance with a rule of the Stock Exchange, effective Oct. 13 1915, all stocks are now quoted dollars per share. • Prices are on basis of 100-share lots. Exceptions of stocks which sell only In a small way are noted by the letter a. Option sales are disregarded. STOCKS R. T. STOCK EZCHANQE Alabama & Vicksburg___ 100 Albany & Susquehanna Ann Arbor_____________ 100 Preferred____________ 100 Atchison Top & S Fe____100 Preferred____________ 100 Atlanta Birm & Atl_____100 Atlan Coast Line RR.___ 100 Baltimore & Ohio_______ 100 Preferred____________ 100 Bangor & Aroostook____ 50 Preferred____________ 100 Bkln-Manhat tr ctfs_.no par Trust ctfs pref____ no par Buffalo Roch & Pitts.___ 100 Preferred____________ 100 Buffalo & Susaueh______ 100 Preferred____________ 100 Canadian Pacific_______ 100 Canada Southern_______ ICO Central RR of N J______100 Chesapeake & Ohio_____ 100 Certificates__________ 100 Preferred____________ 100 Preferred ctfs________ 100 Chicago & Alton________ 100 Certificates__________ 100 Preferred____________ 100 Chic & East Ill RR (new) 100 Preferred (new)______ 100 Chicago Great Western..100 Preferred____________ 100 Chic Milw & St Paul.___ 100 Certificates__________ 100 Preferred____________ 100 Preferred certificates.. 100 Chicago & North West. .100 Preferred____________ 100 Chic Rock Isl & Pac_____ 100 7% preferred_________ 100 6% preferred_________ 100 Chic St P Minn & Om___ 100 Certificates. ________ 100 Preferred____________ 100 O O O Sc St Louis_______ 100 Preferred____________ 100 Colorado & Southern.___100 1st preferred_________ 100 2d preferred_________ 100 Delaware & Hudson_____ 100 Del Lack & Western_____50 Denver Rio Gr & W pref.150 Detroit & Mackinac____ 100 Preferred____________100 Duluth 8 8* Atlantic... 100 Duluth SS * Atl Prd---100 Erie100 Certificates ..........100 First preferred_______100 1st pref certificates.__ 100 Second preferred____ 100 Great Northern pref___ 100 Iron ore propertles.no par Gulf Mobile * Northern. 100 Preferred____________ 100 HockingValley_________ 100 Hudson * Manhattan__ 100 Preferred____________ 100 Illinois Central_________ 100 6% pref series A_____ 100 Leased line stock____ 100 RR sec stock ctfs___ 1000 Iuterboro Rapid Transit. 100 Int Rys of Cent Amer__ 100 Preferred____________ 100 Iowa Central___________ 100 Kansas City Southern__ 100 Preferred____________ 100 Lehigh Valley___________50 Louisville & Nashville__ 100 Manhattan Ry guar.... 100 Mod guar___________ 100 Market Street Ry_____ 100 Preferred____________ 100 Prior preferred_______ 100 Second preferred____ 100 Michigan Central_______ 100 Minneapolis & St Louis.. 100 Certificates__________ 100 Minn St Paul * S S M..100 Preferred____________ 100 Leased line__________ 100 Mo Kan * Texas Co. .no par Preferred____________100 Missouri Pacific com.__ 100 Preterred____________1 (X) Morris & Essex__________ 50 Nashv Chatt * St Louis. 100 Nat Rys Mex 1st pref. Second preferred____ 100 New Orl Texas & Mexico. 100 New York Central_____ 100 N Y Chicago * St Louis. 100 Certificates__________ 100 Preferred____________ 100 Preferred ctfs________ 100 New York & Harlem____ 50 N Y Lack * Western__ 100 N Y N H * Hartford...100 N Y Ontario & Western. 100 N Y Rys partlc ctfs. .no par Pref trust certifs__ no par Ctfs stamped_____ no New York State Rys___ Preferred____________ 100 Norfolk Southern_______ 100 Norfolk & Western_____ 100 Preferred____________ 100 Northern Central________50 Northern Pacific_______ 100 Pacific Coast___________ 100 First preferred_______ 100 Second preferred_____ 100 Pennsylvania___________ 50 Peoria * Eastern_______ 100 Pere Marquette________ 100 Certificates__________ 100 Prior preterred_______ 100 Preterred____________ 100 Pitts Ft Worth & Chic- .. 100 Pitts Ft Wavne * Chicpf 100 SALES TO MAY 1. In April Since Jan. 1. Shares. Shares. 200 100 98,900 9,200 28.30C 40,900 151,900 3,700 5,200 300 126,400 19,600 110 200 21,000 70 1,000 158,700 500 17,600 15,100 1,500 3,400 13,900 39,500 30,200 18,100 39,400 26,100 32,800 1,800 139,200 2,600 3,600 100 1,980 800 3,900 400 18,600 18,300 2,500 300 100 207,000 100 94,000 8,900 35,550 24,900 8,900 4,900 100 48,400 2,000 13,500 1,900 160 289,100 700 200 100 77,700 2,200 15.700 17,700 400 70,600 900 600 3,700 700 47 2,600 1,700 1,800 600 57,200 12,600 70,600 63,700 90 250 1,400 3,900 1,200 152,200 17,250 3,700 100 365 70 126,000 15,800 464 15,640 554 900 100 • 1.200 23,200 400 326 46,250 400 77,150 2,100 30,000 1.800 3,600 33 440 40 800 800 385,700 35,130 378,900 157,800 809,100 17,400 29,000 2,300 1,156,450 37,300 1,001 206 500 100 144,200 367 7,160 1,541,000 900 31,000 700 217,900 650 227,900 8,900 35,700 88,200 188,800 299,900 154,100 200,800 139,400 203,000 9,000 718,200 16,000 19,800 600 200 800 2,480 1,020 24,600 3,300 100 195,700 197,300 18,400 200 50 2,400 3,400 795,300 1,000 447,300 799 43,300 204,550 32,500 32,700 16,200 300 148,200 5,700 77,200 9,700 185 1,350 637,100 4,000 500 1,000 316,900 10,500 113,800 86,000 3,500 223,800 9,600 2,200 20,800 3,600 47 35,600 2,000 14,400 4,200 2,400 502,600 117,900 304,500 269,900 270 1,450 8,000 57,300 3,400 903,500 54,950 200 17,200 600 1,045 151 804,300 83,500 4,410 67,840 554 3,500 500 9,400 385,800 3,710 625 230,650 37,400 200 2,800 576,500 26,300 318,300 700 6,515 19,500 150 420 RANGE SINCE JAN. 1. PRICES IN APRIL. Price about Jan. 2 1925. Bid. April 1. Ask. Bid. 106 % 109 Ask. 199% 209 % 199% 209% 45 fifiU 138 % 94% 9% 260 94 % 67 li 45 99 61 83 78 02 65% 44% 48 68 69% Sale 125% Sale 95% Sale Sale 1 % Sale Sale Sale 194% Sale 87 Sale Sale 68 68% 68 38% 39% Sale 99 101 % 100 58% Sale Sale 79 80 Sale 60 75 83 90 95 100 74 li 61% 70 48 46 Sale 155% Sale 58% 62% Sale 245 280 Sale 121% Sale 148 50 304% 126 li 124 125li 128 128% Sale 7 5 13% 10% 31 35 38% 50 8% Sale 18 Sale 10% Sale 9% Sale 16% Sale 15% Sale 68 Sale Sale 119 43% Sale 96 Sale 85 Sale 47% 58 47% 100 122 155 200 119 55 65 66 67 50 59 Sale 160% Sale 136 41% Sale 34 55 4 7% Sale 8 5 13 li 34 li 48 li 11 li 28 10% 10 19% 19 81 li 119% 57 li 100 87 li 56 119 190 64 65 57 160 145 47 39 38 >4 45 44% 42 li 78 26 li 34 li 100 li 44% 69% 130% 98% 1% 202% 88% 69% 40% 100% 64% 84 65% 90 50% 25 Sale 36% Sale Sale Sale Sale Sale 102 33 71% 22% 27% 98 Sale Sale Sale Sale Sale Lowest. Highest. Sale Prices. Sale Prices. Apr. 6 108% Apr. 44% Apr. 6 44% Apr. 108 124% 95% 1 181% 84% 67% 38% 100 58% Sale 84% 79% 70 75 95 61 80 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Sale Sale Sale Sale Sale Sale Sale 158% 60 265 126% 128 124% Apr. 13 129 8 10 Sale 30% Sale 9% Sale Sale Sale Sale Sale Sale Sale Sale 99% Sale 55 no Sale 130 59 68 60 161 Sale Sale Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 6 61% Apr. 123 15 23 13 19 Apr. Apr. Apr. Apr. Apr. 7 Apr. 1 9% 30% 38% 8% 17% 9% 8% 15 14 66% 120% 42% 96% 84 48 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 12 27 1 1 1 12 20 3 20 13 8 13 3 15 5 12% 32 % 41 9% 21% 11 % 10% 17% 17% 72% 126% 52% 100 87 48 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr Apr. Apr. Apr. Apr. Apr. 185 118 54% 66% Apr. 23 227 Apr. 23 125 Apr. 14 59% Apr. 7 68 Apr. Apr. Apr. Apr. 8% Apr. 155% Apr. 12 163% Apr. 132% Apr. 16 139% Apr. 40 Apr. 3 42% Apr. 9 107% 203 44 64% 26 122 28 94% 1 1 26 181% 26 83% 29 67% 30 33 29 97% 29 54% 29 78 14 69% 92 8 61 50 30 146% 9 58 30 240 10 112 119% 8 119 125 16 6 6 16 9% 7 30% 7 36% 7 7% 26 16% 27 9 26 8% 28 14% 27 14 29 65% 30 !18% 23 40% 23 96 23 83% 5 48 50% 100 29 173% 27 118 21 52 27 62 59 26 150% 24 129 23 38 60 54% 22 4 22 5% 24 22% 14 27% 24 33% 41% 22 30 5 68% 6 21 23 25 Ji 23 95 Mar. 24 Ill Feb. 25 203 Jan. 19 45 Jan. 21 69% Mar. 30 139 Mar. 5 99% Apr. 7 10 Mar. 30 262% Mar. 3 95% Jan. b 69% Mar. 2 46 Feb. 8 100% Mar. 31 69% Mar. 31 86% Mar. 26 84 Mar. 15 95% Mar. 23 65 Mar. 2 50 Jan. 9 162 Jan. 15 60 Mar. 30 305 Mar. 2 136% Jan. 14 131 Jan. 20 136 Mar. 11 131% Feb. 24 11% Jan. 20 10 Feb. 25 18% Apr. 37 Mar. 31 51% Mar. 31 12 Mar. 30 28 Mar. 29 14% Apr. 20 14 Mar. 31 22% Apr. 20 21% Mar. 30 81% Jan. 4 126% Mar. 3 60% Mar. 4 100 Mar. 31 90 Apr. 5 Mar. 12 50% Mar. 16 114 Mar. 29 227 Apr. 23 125 Mar. 3 65 Mar. 2 68 Jan. 11 59 Mar. 30 174% Mar. 30 153% Mar. 31 47 Mar. 3 60 Mar. 17 54% Mar. 29 5% Apr. 22 8% Mar. 29 40 Apr. 14 38% Mar. 30 45% Feb. 5 44% Mar. 30 43 Mar. 30 78% Apr. 1 27% Apr. 20 35% Mar. 29 102% Mar. J Feb. 25 Jan. ( Jan. 27 Jan. 5 Apr. 28 Jan. 2 Jan. 2 Jan. 11 Feb. 10 Feb. 1 Apr. 21 Feb. 5 Jan. 30 Jan. 4 Feb. 5 Feb. 26 Mar. 2 Feb. 3 Apr. { Jan. 11 Mar. 12 Mar. lb Mar. 12 Mar. 16 Feb. 2( Feb. IS Feb. 23 Feb. It Feb. 1C Feb. 20 Jan. 2 Jan. C Jan. { Jan. £ Jan. 5 Jan. 2 Apr. 3C Jan. 15 Jan. 2 Jan. 2£ Jan. 26 Mar. 12 Jan. £ Apr. 29 Mar. 13 Jan. 13 Apr. 27 Jan. 11 Mar. 12 Jan. 12 Jan. 2 Mar. 3 Mar. 17 Jan. 23 Jan. £ Jan. 2 Jan. 2 Jan. 4 Feb. 11 Jan. 2 Jan. 4 Feb. 15 Jan. 7 Jan. 28 Mar. 27 Jan. 22 Mar. 31 Mar. 3 Mar. 30 Feb. 1 Jan. 6 Jan. 15 Mar. 30 Mar. 30 Apr. 20 Mar. 3 Mar. 31 Mar. 3 Mar. 30 Mar. 3 Jan. 26 Feb. 1 Jan. 5 Mar. 31 Jan. 18 Apr I Mar. 3 Mar. 29 164 40 75% 124 123% 78% 75 46% 31 65 3% 49% 64 87 143 92% 57% 10 40 51% 22% 1050 3% 2% ?A 52% Mar. 20 79 Jan. 4 66% Mar. 3 47% Mar. 2 95 Mar. 3 40% Mar. 3 89% Jan. 5 81 Apr. 3 188 Apr. 10 8% Mar. 18 4% Mar. 30 132% Mar. 30 135% Mar. 3 181% Apr. 27 Apr. 8 Feb. 20 Jan. 2 Jan. 2 Mar. 27 Feb. 15 Apr. 22 Feb. 13 Apr. 9 Jan. 15 Jan. 13 Mar. 11 Feb. 13 Jan. 4 Apr. 20 Apr. 23 Feb. 9 Feb. 9 Feb. 1C Feb. 1C Apr. 24 Jan. 11 Feb. 11 Feb. 3 Feb. 3 Feb. 24 Feb. 9 Jan. 4 Jan. 14 Jan. 4 Mar. 23 Jan. 4 Jan. 7 Jan. 7 Jan. 9 Jan. 2 Jan. 11 Mar. 11 99% Jan. 26 98 Apr. 23 205 Peb. 18 104% Mar. 30 45% Mar. 30 28% Jan. 4 365 Jan. 25 ‘M Apr. 12 280 Mar. 24 28% Mar. 23 365 Apr. 15 37 Mar. 30 157% Jan. 7 85 Mar. 8 81% Mar. 30 76% Mar. 31 48 Feb. 19 73 Mar. 15 57% Mar. 30 55% Mar. 4 26% Mar. 3 88% Jan. 26 85 Mar. 3 8714 Mar. 29 80% Feb. 24| 136 Jan. 2 145 Feb. 11 Apr. 26 Jan. 11 Apr. 7 Jan. 2 Feb. 13 Apr. 29 Feb. 5 Apr. 29 Jan. 14 Apr. 29 Jan. 13 Jan. 19 Jan. 7 Apr. 30 Jan. 2 Jan. 6 Feb. 20 Feb. 18 Jan. 2 Jan. 14 Mar. 11 Mar. 12 Feb. 24 Jan. 13 Mar. 17 Mar. 30 6 4% 4 6% 5% 24% Sale 27% 35% 39% Sale 33 36 Sale 70% 73% Sale 21 21% Sale 28% 25% 28 96 100 Sale Apr. 22 4 Apr. 22 5% Apr. 3 33 Apr. 14 27% Apr. 1 41% 164 35% 70 116 116% Apr. 27 164 Apr. 1 40 Apr. 1 74 Apr. 1 120% Apr. 1 121 Apr. Apr. Apr. Apr. Apr. 71% 30 25% 64 1% 38 61% 79% 120% 90 44 7 27% 42 18 703 2 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 14 1 9 23 20 1 21 1 19 20 1 23 30 17 5 1 1 73 46% 27 65 1% 44% 63% 83% 127% 92% 57% 8 30% 45% 19 1050 2% Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 34 55% 63% 34% 88% 29 75 80 175 150 6% 4% 2% 2% 124 120% Sale 119% Sale 152 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 21 3 1 13 12 15 1 3 3 10 20 12 15 1 37% 60 65% 39% 91 % 33% 82% 80 163 6 2% 122% 126% 162% Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 27 147 8 34% 27 67% 23 113% 23 115% 77 19 71% 22 24% 28 25% 9 62 20 1% 23 34% 30 60% 23 75% 26 118 20 84 23 38% 1 7 6 25% 8 40% 6 13% 24 703 6 2 % 7 34 7 55 21 62% 26 32 23 82 23 27 24 71% 3 79% 26 150 24 4% 2 23 24 120 26 117 27 130 97 98 175 104% 33% 20% 338 13 255 25 47 27% 140% 84% 79% 68 26% Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 5 99% 26 98 23 190 27 104% 15 39% 14 23% 5 365 13 17% 12 280 1 25% 3 47 15 32 15 148% 15 85 15 81 % 1 71% 7 30 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 29 26 27 7 26 26 29 21 29 5 3 28 27 1 30 24 29 38 60 Sale Sale Sale Sale Sale 81 165 5% 2% Sale Sale Sale 35 59 63% 37% 90% 32% 81 80% 150 5% 2% 120% 124 159% 36 Sale 66 Sale Sale Sale Sale 98 98 99% 95 187 105 36% 22 % 365 14 269 24 40 30% 147 83 81% 71% 29 58 47 51% 19% 81% Sale 200 Sale 74% Sale Sale 81 Sale Sale 27% 66 2% Sale Sale 83 Sale 90 Sale 8 Sale 44 18 1050 2% Sale 50 li 72 62 li 41 92 li 39 K 88% 78 li 188 6% 2% 131% 134% 179 167 97 93 li 196 100 45 li 28 li 295 7% 36% 56 63% 35% 89% 31 77% •79% 145 192 4% 7% 3 2% 132% 121 Sale 121% 154 180 16Q Sale 95% 96% 92 208 104 Sale 34% 21% Sale 336 305 Sale 11 26 li 45 36 148 li 80 78 76% 31 65 47 55 18% 84 78 87 78 133 142 li Sale 25 Sale 50 47 55 33 Sale 28 Sale 144% Sale 85 Sale 90 80 79 85 Sale 68 Sale 32 26 33 60 75 75 45 60 51 50 Sale 50% Sale 19% 24 20% 17 80 Sale 82% Sale 89 83% 85% Sale 90 • 81 72 76% Sale 72 Sale 80 135 135 Sale 142% ____ 143% ......... 143% Sale Sale 340 15 134% 99% 1% 206 90% 69% 41% 100% 66% 84% 70 153% 59% 245 120% 158 38% 74 120 120% 79 72% 44% 25% 63 1% 41% 63% 82% 125 80% 56 7 27% 42 16 52 76 62% Sale Sale Sale Sale Apr. 12 1 7 15 16 19 13 24 1 3 14 Sale 62% Sale Sale 145 200 36% 35% Sale 70 Sale 72 Sale 116 Sale Sale 116% Sale 80 78 li 80 72 73 70 li 73 Sale Sale 31 31 29 li 30% 25% 26% 60 66 63% 2% 3 1% 2% 38% Sale 48 Sale 63 61 62 Sale 79% Sale 85 li Sale 124% Sale 142 li 144 84 94 88 95 44% Sale 42 li Sale 8 Sale 7 8% 31 25 30% 28 42% Sale 43 li Sale 17% 19 18 15 700 1 000 703 2% Sale 3% Sale 35 li 70 123 li 123 li Highest. Sale Prices. 157 59 265 124% Sale 7% 5 10 Sale 11 30% 33 Sale 40 Sale 8% Sale 19% Sale 10 10 9% Sale 16 Sale 16 Sale 71% 123 126% Sale 49 98% 97 87 87 45 48 52 98 105 180 225 122 121 Sale 57 67% 68 60 57 Sale 159 Sale 136% Sale 41 34 55 4% 4 6% 5% Sale 32 Sale Lowest. Sale Prices. April 30. Ask. Bid. 195 106 Sale Sale 370 16% Sale 25 48 30% Sale 85 Sale Sale 35 75 62 Sale Sale Sale Apr. Apr. Apr. Apr. Apr. Apr. 1 37 Apr. Apr. 13 74% Apr. Apr. 1 24% Apr. Apr. 20 29 % Apr. Apr. 20 101 Apr. Apr. 1 52% Apr. 22 Apr. 30 21% Apr. 23 Apr. 19 84% Apr. 9 Apr. 15 85% Apr. 30 Apr. 1 76% Apr. 29 Apr. 12 144 Apr. 7l 93 93% 175 102% 30% 19% 296 6 255 22 45 27% 139% 84 79 65% 24% 72% 50 48% 19 67 81 79 70% 134% 142% [Vol. 122. STOCKS-STOCK EXCHANGE RECORD 24 STOCKS SALES TO MAY 1. S 7. 8TOCK EXCHANGE In April Par Plttsb & West Viralnla_. 100 Reading Company__ ....50 First preferred___ ----- 50 Second preferred-. ___ 50 Rights Rutland RR pref_____ 100 St Louis-San Francisco .-100 Preferred A___ __ -.100 St Louis Southwest.. ...100 Preferred _ . ______ ...100 Seaboard Air Line__ ...100 Preferred________ ...100 Rights__ _____ Southern Pacific Co.. ...100 Southern Railway__ ...100 Preferred............... . .. 100 Texas & Pacific____ ...100 Third Avenue ____ ...100 Twin City Rapid Transit . 100 Preferred 100 Union Pacific______ ...100 Preferred_____ ___ --100 United Rys Investment. 100 Preferred________ ...100 Vicks Shrev & Pacific 100 Preferred _ _ 100 Virginia Ry & Power ...100 Wabash. ._________ ...100 Preferred A ____ ---100 Preferred B_____ ... 100 W estern Maryland__ 100 Second preferred . ---100 Western Pacific. New ---100 Preferred new____ ...100 West Penn Co 7 % preferred _ 100 Wheeling & LB Ry.. ...100 Preferred ________ ---100 Industrial and Miscell. Abitibi Power A P no par Abraham & Straus__ Preferred__ ___ .. ioo Adams Express ___ ...100 Advance Rumely__ ..-100 Preferred________ ---100 A*r Reduction Inc___ no par Ajax Rubber Tnc____ no par Ahumada Lead.. .. ---..1 Alaska Juneau Gold Min. 10 All American Cables. .. 100 Alliance Realty new. Allied Chem & Dye.. no par Preferred____ ____ ...100 Allis Chalmers Mfg._ ...100 Preferred_____ __ --.100 Ameranda Corp Amer Agricul Chemical. .100 Preferred__ -- 100 American Bank Note new 10 Preferred___ 50 American Beet Sugar ...100 PrefeiTed__ ______ ..-100 Amer Bosch Magneto. no par Am Brake Shoe & F._ no par Preferred________ ---100 Am Brown Bov El 2 1. no par Preferred _ . __ ...ior American Can ...100 When issued_____ Amer Can Pref_____ -- 100 Amer Car & Fdry new no pur Preferred ________ .--100 American Chain w i.. ___ 25 American Chicle____ no par Certificates______ no par Prior preferred____ no var Prior pref ctfs no nar Amer Druggists’ Synd .10 American Express__ -..100 Am Foreign & Rower no par Preferred ______ no par Am For Pr ctfs 25 nd in Amer Hide & Leather ...100 Prefen-ed. --.100 Amer Home Products American Ice ------ ---100 Preferred________ ---100 Amer Internat Corp. no par Am La France Fire Eng. _ 10 Preferred _______ -.-100 American Linseed__ ---100 Preferred. . ____ ---100 Am Locomotive new. no par Preferred .. .. . _ ---100 American Metal____ no pa? Preferred______ __ ...100 American Piano, pref. .--100 American Radiator . ___ 25 inn Preferred Amer Railways Express. 100 Amer Republics_____ no par American Safety Razor.. TOO Am Ship & Comm___ no par Amer Smelt & Refin.. .--100 Preferred___ ____ ...100 American Snuff____ -.-100 Preferred________ - -_100 A m Steel Fdries ctfs newnopar Preferred________ ...100 American Sugar Refin ...100 Preferred________ 100 Am Sumatra Tobacco .. 100 inn Preferred__________ Optional A ctfs . _ -ioo Am Teleg & Cable__ ...100 Amer Teleph & Teleg ...100 American Tobacco__ ----- 50 B------------------------ ----- 50 Preferred____ ____ ...100 Amer Type Foundries ...100 Preferred __ _ -100 Amer Wat Works & Elec. .20 First preferred (7%)-.100 Am Wholesale pref_____ 10U American Woolen___ ...100 Preferred________ ...100 Am Writing Paper, pref. 100 Preferred certificates..100 Amer Zinc, Lead & Sm__ 25 Preferred . ________ ___ 25 Anaconda Copper .. -—50 Archer Daniels Mid.. no par Preferred_________ ...100 Armour (Del) pref__ —100 Armour of Illinois (/lass A.25 25 ClassB___________ Preferred_____ ... ...100 Arnold Constable New no par Shares. 14,200 77,000 2,200 3,100 7,316 2.400 40,800 2,600 50,800 1,700 30,000 9,500 15,300 56,500 116,700 13,300 151,100 104,180 100 200 25,600 7,100 12,200 13,800 10 219,000 38,200 300 15,500 4,900 9,000 2,900 32,400 4,700 3,700 500 500 12,800 4,900 4,200 40,600 25.900 18,500 4,000 1,000 100 463,100 3,900 10,600 2,000 34,700 31,200 56,500 8,300 400 12,300 500 15,400 8,300 500 43,200 5,500 518,700 5,100 25,600 1,600 8,100 4,000 2,400 300 200 8,000 4,900 90,100 6,100 200 3,600 4,600 1,300 18.200 2,800 48,800 5,000 100 11,000 3,300 84,000 1,900 16,000 200 200 14,100 1,400 1,300 23,600 44,600 193,400 2,200 1,300 100 14,800 890 30,500 3,350 16,200 i* Since Jan. 1. Shares. 62,600 356,500 8,400 21,100 98,616 2.900 301.100 10,000 303,400 8,500 329,600 70,100 327.100 326,200 463,300 46,000 458,600 453,680 5,400 1,700 157,500 26,600 16,100 27,100 400 100 110 1,158,200 272,500 4,400 123,000 28,000 86,200 24,900 3,000 1,800 219,600 51,900 48,900 3,500 1,400 26,800 33,900 26,700 173,000 679,900 85.600 23,900 2,750 200 1,977,300 15,000 141,100 4,900 51,400 252,030 219,400 38,600 2,200 74,400 4,300 160,200 224,510 8,600 227,900 14,700 540,500 1,958,100 16,400 182,500 5,100 30,700 31,300 15,200 500 200 83,600 32,500 298,200 25,100 1,100 58,30J 32,100 1,300 75,600 9,900 311,200 66,800 2,700 44,100 9,700 468,000 7,000 115,900 5,600 1,300 86,800 100 3,900 7,700 154,000 176,100 999,200 14,400 29,000 1,900 143,625 4,000 274,300 16,850 73,700 61,500 600 200 76,700 13,700 5,500 1,100 4,800 3,200 100 1,900 157,000 85,500 148,800 13,400 9,300 1,200 350,700 5,000 500 324,300 53,100 35,8 Oj 6,80u 61,300 66,800 1,400 200 3,000 208,200 80.200 1,240 3,600 27,300 1,600 23,400 567,900 419,300 9,440 20,200 100 300 28,900 10,900 24,300 4,400 800 Price about Jan. 2 1925 Rid 114X 89 40 40 X 20 Yg 59 100X 87 Yi 68 74 X 50 X 47 X 103’X 118X 92 X 58 13 X 78 Vi 96% 150 75)4 24)4 81X 90 73)4 58 16)4 23 X 39)4 79)4 123 95 31 % 50)4 114 120X 93 109 27 X 80 X 39 55 X 33 77 32 X 150 114 48 X 97 295 49 X 121 109 122 24 X 47 47 89)4 4X 136 42 X 91X 131 14X 61 134 83 45 15X 100 52 X 86 X 118X 118 54 115 95 115 76 X 71 56 X 5X 144 X 113X 141 100 46 X 112X 75 X 103 11 88 39 142X 115X 114X 106 X 117 71 101 98 41 X 87 X 8X 37 % 49 X 44 X 103 97 23 X 16X 90 X 20 X April 1. Bid. Sale 90 Sale 82 X 41 40X 41 40X 17X 40 62 89 Sale Sale 83 X 65 Sale 76 X 73 Sale 30 X Sale 33X X 98 Sale Sale 110X Sale 87X Sale 46 X Sale 34 X 79 X 101 101X Sale 144 X Sale 77 23 25 Sale 74 91X 88 88 X Ask. Sale Sale Sale Sale Sale 50 Sale Sale Sale 75 Sale Sale Sale Sale Sale Sale Sale Sale 71X Sale Sale Sale 77 94 95 Sale Sale 63 Sale Sale Sale Sale 1 24 96 Sale Sale 38 X 70X 58 11X 18 34 78 X 21X 39 X 76 44 108X 102X nx 50 X 113X 10 8X IX 131X 48 X 115X 120 81X 105 X 25 22 X 71 34 X 57 29X 78 21 116X 111X 32 86 X A sit 72 X 74 108 17)4 57 X 110 10)4 9 IX 129 PRICES IN APRIL. Ash. Sale Sale 41X 42 46 91X 87 68 X 78 31 35X 50 Sale Sale Sale Sale Sale Sale 100X 111X 91 52 38 X 68 X 101 147 78 26X 84 89X 91 Sale Sale Sale Sale Sale Sale Sale Sale 62 Sale Sale Sale Sale 40X 71X 61 12 18 35 79 X Sale Sale 65 Sale Sale Sale Sale Sale Sale 20 X Sale 41X Sale Sale 46 109 Sale Sale Sale Sale Sale Sale Sale 141 Sale Sale Sale Sale 109 Sale Sale Sale Sale 73 X 43 107 X 109 111X iox 19X 51 60 Sale 114X Sale 9X Sale 8X IX IX 136 135 48 X Sale 117X Sale 120X 82 93 X Sale 108X 26 Sale 16X Sale 58 X 38 40 53 X 57 X Sale 25 34 78 X 79 X 76X 21 Sale Sale Sale 118X 153 114 f12 114X 37 Sale Sale Sale 94 X 98 X 46 44 Safe 121X 125 Sale 125 94 Sale 97 X Sale 126 120 128 128 Sale 23 X Sale 24 X Sale 42 38 X Sale 35 Sale 38 50 95 85 89 95 88 X 6 Sale 5'X 4X Sale 117X 138X 111 Sale 21 Sale 18X Sale 90 Sale 90 X Sale 10 Sale 9X 42 62 47 Sale 26X Sale 117X Sale 124 X 85 84 83 X 83 Sale 36 X Sale 36 X Sale 13 13 X Sale Sale 98 X 96 X Sale Sale 30 32 X Sale 87 78 77X Sale Sale 96 X 96 X Sale 120 118X Sale 117X 55 50 X 49X Sale 116 113 115X 113X 95 96 X 93 X Sale 112X Sale 111 127 126X 80 77 X 77 X 78 74 65 68 64 X Sale 45 Sale 47 X Sale 9X Sale 8X Sale 119X Sale 120X 114 113X Sale 116X 142 139X Sale 140X 105 97 100 99 Sale 41X Sale 41X 113 111 113 Sale 69 Sale 69 Sale 101 X Sale 102 Sale 11X Sale 8X 120 130 14X 41 40 Sale 143 X Sale 146 Sale 113 Sale 115X Sale 112 Sale 115 107 109X Sale 110 120 118 125 117X 113 102% 1 If) 103 % Sale 52 Sale 50 104 104 107 102 X 106 99 99 X 106 42 34 Sale 24 Sale 81X Sale 70X 2 IX 2X 3 1 IX 2X IX 9 7X Sale 7X 38 29 Sale 31 Sale Sale Sale 36 X Sale 38 X 105 100 102 100 97 X 95 X Sale 91 X Sale 21 X Sale 15X 7% 19 90 90 X 89 80 X 25 21X S.Ie 18X Sale Sale Sale Sale 93 94 Sale 90 81X 40 40X 16X 42 87X 83X 63 75 28X 31X 1-64 97X 105X 87X 45X 33 68X 101X 143X 77 23 77 Prices. Apr. 1 Apr. 15 Apr. 1 Apr. 1 Apr. 13 Apr. 8 Apr. 3 Apr. 1 Apr. 3 Apr. 3 Apr. 13 Apr. 13 Apr. 7 Apr. 15 Apr. 12 Apr. 6 Apr. 3 Apr. 1 Apr. 30 Apr. 14 Apr. 1 Apr. 1 Apr. 1 Apr. 3 165 37X 69X 60 11X 17X 33X 7SX Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 73X 44 106X 100X 10X 49 X 108X 9X 8X IX 136X 48X 107X 119X SOX 105 24X 16X 58X 34X 57 23X 27 79X 75 Sale 19X Sale U5X 115 112 Sale 31X 94 X 86X 41 125X 123X 92 Sale Sale 123X Sale 23X Sale 38X 35 Sale Sale 90 Sale 87 Sale 5X Sale 411 Sale 17 Sale 89 110 Sale 9X 41 Sale Sale 26X Sale 116X 83 Sale Sale 35X Sale 12X 96X 102 Sale 28X 77 80 92 Sale 119X 118X Sale 49X 116X 113X 111X 78 67 Sale Sale Sale Sale Sale 107 Sale 114 Sale Sale Sale 16X Sale Sale Sale 112 121 110 Sale 105 106 Sale Sale 3X 3 Sale Sale Sale 39 104X Sale Sale Sale Sale 20 X 28 1 17 16 12 12 20 1 20X Apr. 30 39X Apr. 1 74 X 45 X 108 Sale 12 53 Sale Sale Sale Sale 141 51 Sale Sale Sale 109 Saie Sale Sale Sale 107 Apr. Apr. Apr. Apr. Apr. Aprl Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 19 3 12 3 17 1 16 20 1 12 28 1 15 8 23 7 3 30 29 1 1 8 16 21 5 20 13 1 Apr. Apr. Apr. Apr. Apr. Apr. Apr. ADr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 12 10 9 7 1 12 1 30 30 23 1 14 17 21 28 28 30 3 3 15 1 1 21 10 1 1 14 15 Apr. 10 77X Apr. 64X Apr. 42 Apr. 8X Apr. 109X Apr. 113 Apr. 139 Apr. 100 Apr. 40X Apr. 111 Apr. 65X Apr. 100X Apr. 8X Apr. Lowest. Highest Lowest. April 30. Bid. 104 86 41 41 RANGE SINCE JAN. 1. 5 28 14 30 21 7 23 10 21 9 14 8 30 14X Apr. 28 14X 40 Apr. 12 146X Apr. 5 116 Apr. 15 115X Apr. 1 111X Apr. 13 125 Apr. Apr. Apr. Apr. Apr. Apr. Apr. 28 1 28 29 29 26 23 52X 104X 99X 34 81 X 4X 2X 8 31 48X 38 100 96 22X 11 X Apr. 30 89 X Apr. 12 21X Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr Apr. Apr. 23 27 12 1 1 23 23 1 5 7X 6 26 X 30 41X 29 36 9 100 1 91X 3 15X 3 6X 7 80 1 18 143X 112X 111 109X 118 43X Apr. 102X Apr. 99X Apr. 23X Apr. 66 Apr. 2X Apr. 2X Apr. 7XApr. 28X Apr. 42 Apr. 36 Apr. 100 Apr. 91X Apr. 15X Apr. 80 18 14 9 12 30 30 3 6 1 12 16 21 9 30 29 Highest. Sale Prices. Sale Prices Sale Prices 105X Apr. 24 85 Mar. 30 119X Jan. 11 87X Apr. 26 79 Mar. 30 90 X Jan. 11 42 Apr. 26 40 Jan. 5 42 Apr. 26 42X Apr. 26 40 Mar. 30 42 X Apr. 26 19 Apr. 24 16X Mar 30 22 X Feb. 11 50X Apr. 22 42 Apr. 8 57 Jan. 7 94X Apr. 26 85 Mar. 30 101 X Jan. 21 87 Apr. 14 83 X Apr. 1 88 X Jan. 22 70X Apr. 23 57 X Mar. 19 74 Feb. 9 78 Apr. 30 72 Mar. 19 78 Apr. 30 Jan. 2 32X Apr. 23 27 X Mar. 31 51 36 Apr. 7 31 X Mar. 31 48 X Feb. 18 X Apr. 1 1-64 Mar. 9 3X Feb. 23 102X Apr. 26 96 X Mar. 30 104X Jan. 2 113X Apr. 26 103 X Mar. 30 119X Jan. 4 91 Apr. 29 87 X Apr. 6 92 X Jan. 2 55X Apr. 23 42 X Mar. 30 61 X Jan. 13 43 Apr. 23 13X Jan. 18 43 Apr. 23 68X Apr. 30 68X Apr. 30 78 X Jan. 4 Jan. 5 102X Feb. 20 102 Apr. 14 101 148X Apr. 26 141X Mar. 30 150 Jan. 2 78X Apr. 29 74 X Jan. 6 78 X Feb. 23 27X Apr. 7 19X Mar. 3 27 X Apr. 7 86X Apr. 6 65 Mar. 2 86X Apr. 6 90 Jan. 13 92 Feb. 25 Mar. 18 91 Mar. 18 91 165 Apr. 28 150 Mar. 16 165 Apr. 28 43X Apr. 26 33 X Mar. 30 52 Jan. 12 73 Apr. 23 68 Mar. 30 78 X Jan. 13 60 Apr. 16 57 Mar. 29 72 Jan. 29 12X Apr. 24 11 Mar. 3 16 X Jan. 4 19X Apr. 24 16X Mar. 30 24 Jan. 4 35X Apr. 23 33 X Mar. 30 39 X Jan. 2 79X Apr. 30 77 X Jan. 15 81 Mar. 12 118 Mar. 2 130 Jan. 27 95 X Mar. 3 101 Mar. 11 23X Apr. 22 18 Mar. 30 32 Jan. 2 44 Apr. 23 37 Mar. 30 50X Jan. 4 78X Apr. 7 71 X Jan. 12 84 X Feb. 1 45 Apr. 5 44 Mar. 30 50 Feb. 27 107X Apr. 29 104 X Mar. 19 108 Mar. 30 116 Apr. 26 99 X Mar. 18 116 Apr. 26 12X Apr. 24 10 Mar. 19 18X Jan. 29 52X Apr. 24 49X Apr. 1 63 X Jan. 28 114X Apr. 1 107X Jan. 16 119 X Mar. 11 11 Apr. 8 9X Mar. 30 16 Feb. 10 9 Apr. 5 7X Jan. 23 9X Jan. 4 IX Apr. 5 2 Jan. 4 IX Feb. 1 142 Apr. 20 131 Jan. 6 142 Apr. 20 48X Apr. 1 48 X Apr. 1 50 Mar. 15 121 Apr. 24 106 Mar. 30 142 Feb. 13 121X Apr. 28 118X Mar. 20 121 X Feb. 15 84X Apr. 5 78 X Mar. 26 94 X Jan. 14 109 Apr. 23 105 Apr. 7 no Jan. 4 26X Apr. 23 24 X Mar. 29 26 X Apr. 23 23X Apr. 7 16 X Apr. 30 34 X Jan. 14 73X Apr. 7 58 X Apr. 29 96 X Jan. 14 38X Apr. 29 34 X Mar. 31 43 X Jan. 8 57 Apr. 1 55 Jan. 15 57 Jan. 9 29X Apr. 1 23X Apr. 8 38 X Feb. 5 79 Apr. 3 75 Apr. 16 83 Feb. 24 22X Apr. 7 19 X Mar. 30 34 X Jan. 4 123 Apr. 27 113X Alar. 30 180 Feb. 2 115 Apr. 28 110X Mar. 24 128 X Feb.18 37X Apr. 30 30 X Mar. 29 48 X Jan. 4 95 Apr. 23 86 X Mar. 31 97 X Jan. 16 247 Mar. 24 344 X Feb. 20 47X Apr. 29 38 X Mar. 30 58 Feb. 20 Jan. 4 125X Feb. 26 125X Apr. 27 121 99 Apr. 23 91X Mar. 31 114 X Jan. 12 129 Apr. 24 123X Apr. 7 129 Apr. 24 24X Apr. 21 23 X Mar. 30 25 Jan. 2 42 Apr. 30 37 X Mar. 31 51 Jan. 4 38 Apr. 7 34 X Mar. 31 47 X Jan. 7 95 Apr. 30 89 X Mar. 9 95 Anr. 30 88X Apr. 30 87 Apr. 30 88 Vo. Axx. 30 5 6 X Mar. 12 6X Apr. 7 4X Jan 121 Apr. 23 105 X Mar. 31 140 Jan. 6 22 Apr. 5 17 Apr. 14 42 X Jan. 2 92X Apr. 5 89 Mar. 27 98 Feb. 13 Jan. 2 111 Apr. 16 108 Mar. 30 131 11X Apr. 5 9 Mar. 30 17X Feb. 9 Apr. 28 67 X Feb. 9 47X Apr. 6 41 26X Apr. 29 26X Apr. 30 26X Apr. 29 125X Apr. 30 109 Mar. 31 135X Jan. 7 86X Apr. 27 82 X Jan. 13 86X Apr. 27 39X Apr. 26 34 X Mar. 30 46 X Feb. 16 13X Apr. 7 12X Mar. 31 15 X Jan. 4 Feb. 15 96X Apr. 1 95 X Mar. 1 101 34X Apr. 9 28 X Apr. 28 52 X Jan. 4 81 Apr. 24 75 Mar. 31 87 Jan. 4 100X Apr. 23 90 X Mar. 31 119X Jan. 4 119X Apr. 29 117X Mar. 31 120X Feb. 11 51 X Apr. 7 47 Mar. 30 57 X Feb. 16 113X Apr. 15 113X Apr. 15 120 Feb. 6 95 Apr. 30 93 X Mar. 15 98 Jan. 14 112X Apr. 1 106X Mar. 30 120X Feb. 13 129 Feb. 23 129 Feb. 23 78 Apr. 8 77 X Mar. 31 78 X Mar. 10 68X Apr. 22 63 Mar. 13 74 Jan. 5 50X Apr. 24 42 Apr. 14 63 Jan. 8 11X Apr. 7 5X Jan. 2 11 X Mar. 12 120X Apr. 30 109X Apr. 21 144X Jan. 7 116X Apr. 30 112X Mar. 31 117 X Jan. 30 141 Apr. 7 137X Mar. 30 165 Feb. 9 100 Apr. 10 100 Jan. 23 102 X Mar. 10 42X Apr. 8 40X Mar. 30 46 X Feb. 1 Anr. 9 115 Feb. 23 113X Apr. 10 111 70X Apr. 30 65 X Apr. 14 82 X Feb. 5 102X Apr. 23 100 X Mar. 30 105 Feb. 26 8X Apr. 30 14% Jan. 11 12X Apr. 7 14X 39 141 111X 110X 106X 114 105 43 X 101 X 99X 23X 66 IX Apr. 28 Apr. 23 Mar. 29 Mar. 31 Mar. 31 Jan. 4 Jan. 22 Mar. 25 Apr. 13 Mar. 3 Apr. 12 Apr. 30 Apr. 30 Jan. 4 Jan. 4 Mar. 31 Mar. 25 Mar. 30 Apr. 21 Mar. 4 Apr. 30 Apr. 29 Apr. 19 Apr. 30 Apr. 12 14 X 41X 150X 121 X 120X HIX 135 107 74 108 X 100 42 X 89 X 5X 4X 12 X 48 X 51 44 X 105 97 X 25 X 17 93 31X Apr. Feb. Feb. Feb. Feb. Apr. Feb. Feb. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Feb. Feb. 28 10 15 6 6 26 13 1 4 27 20 13 4 13 13 4 4 Jan. 2 Jan. 4 Jan. 13 Feb. 13 Jan. 4 Feb. 11 Jan. 6 May, 1926.] SALES TO MAY 1. STOCKS a. Y. STOCK EXCHANGE Par Artloom__________ Preferred_________ ...100 Art Metal Construction. 10 Associated DryGdsnewno par 1st preferred_____ ...100 2d preferred_____ ...100 Associated Oil______ ___ 25 Atl Oulf & W I SS Lines. 100 Preferred _ _______ ...100 Atlantic Refining___ ...100 Preferred__ ____ ...100 Atlas Powder, new.. no par Preferred _______ . 100 Atlas Tack Corp. .. no par Austin. Nichols & Co .no par Preferred..... ............ ...100 Auto Knit Hosiery.. no par Auto Sales 50 Baldwin Locomotive. ...100 Preferred____ ...100 Barnet Leather_____ no par Preferred 100 Barnsdall Coro, Class A..25 Class B._ _____ ___ 25 Bnyuk Bros________ no par Preferred. . _____ ...100 Beech-Nut. Packing.. ___ 20 Preferred B 100 Belding Brothers. . no par Bethlehem Steel Corp ...100 7 % preferred ____ ...100 Cum conv 8% pref. ...100 Booth Fisheries_____ no par 1st preferred. .. _ ...100 Botany Cons Mills A. ___ 50 British Empire Steel 100 1st preferred_____ ...100 2d preferred___ ...100 Brooklyn Edison. Inc ...100 Brooklyn Union Gas .no par Brown Shoe, Incwhen Issued PrAfftrrftrl inn ttriggs Manufacturing no par Brunsw ick-Balke-Coll .no par Brunsw'k Term & Ry SeclOO Burns Brothers_____ no par Preferred___ _____ ...100 Prior preferred inn New Class Brom.. no par Burro's Add Mach.. no par 8ush Terminal Co. new;.__ Butte Copper & Zinc. ____ 5 Butterick__ ______ . ...100 Butte & Sup Mining. ___ 10 Byers & Co_______ Preferred_________ __ §00 Since Jan. 1. Price about Jan. 2 1925. Shares. 900 100 600 24,300 300 Shares. 26,600 1,710 15,900 144,600 2,500 2,0 10 1,060,200 194,600 20,400 169,700 2,500 3,800 800 17,400 618,000 4,300 20,400 200 Bid 57 X 110 1914. 53 100 107 46 7< 6374 53 ks 10814 116 57 9314 17 W 27 92 54 414 Ask. 61 113 Sale Sale 103 108 Sale Sale Sale 109 117 59 9554 Sale 2714 94 Sale 614 Bid. 52 107 1954 4054 96 105 5054 3754 40 10254 11554 55 9654 1054 1954 87 1 454 991,000 6,000 5,600 250 398,500 39,100 17,600 1.000 158,000 200 86,000 328,500 49,400 16,700 56,800 2,400 10,800 2,300 600 3,700 51,400 122,500 59,400 700 176,800 48,000 36,300 38,300 4,900 100 47,700 40,600 33,600 5,525 900 32,800 41,300 69,900 17,700 350 130 11014 4654 101 33 2914 4654 98 6814 Sale 113 53 110 Sale Sale Sale 102 Sale 3914 4874 10014 115 554 4514 42 2 2514 9 135 77 4614 100 35 2854 1054 132 9814 111 14 38 9014 2154 8616 9914 514 22 1454 34 9914 Sale Sale Sale Sale 614 49 44 214 29 914 Sale Sale Sale 110 Sale Sale Sale Sale 100 10154 105 45 102 26 2454 3954 9854 57 11354 34 4154 100 11554 454 31 3374 154 24 7 136 7054 3454 108 2954 2554 1054 12574 9874 116 3174 8776 1874 83 9774 5 2154 1154 644,500 1,220,100 48,100 35,360 38,300 159,400 12,000 136,400 208,500 46,000 1,400 348,600 93,400 2,400 300 24,300 56,261 80,000 92,600 1,400 83,600 192,700 7,700 32,700 1,536,000 34,900 9,000 2,200 441,000 700 100 174,500 100 833,100 12,000 12914 3414 154 61 1454 6514 97 1854 6554 32 92 63 4714 102^ 8314 3,500 30,000 4,600 100,400 600 500 300 600 11,100 600 3,800 189,600 1,400 700 200 36,800 2,000 2,300 100 11,800 200 8,900 90,900 13,200 1,600 3,900 300 2,800 1,200 300 1,500 6,400 17,800 10,800 38,200 10,400 5,100 8,400 600 8,166 18,600 20,900 1,700 100 5,800 20,400 6,600 800 Chile Pneumatic Tool ...100 Chcago Yellow flab Childs Co ______ 7 .no par Chile Copper_______ ....25 Chino CopDer______ ____ 5 Christie-Brown____ no par Chrysler Corp ctfs new no par Preferred __ -no par Cluett, Peabody & Co ...100 Preferred _ 100 Coca Cola_________ Preferred 100 Coca-Cola Internal Colorado Fuel & Iron. ---100 Preferred___ .. .100 Columbia Gas & Elec .no par Preferred.._____ ...100 Columbian Carbon.. .no par Commercial Credit Preferred 7%-._______ Preferred B . 25 Oom Inv Trust____ .no par ioo 13,900 34,100 3,500 3,700 416,500 11,400 1,500 100 131,200 100 90,000 100 282,100 2,400 21,600 8,200 300 400 1,750 900 . .100 .no par no par no par no par no par .no par ...100 1,000 8,100 10,800 25,900 4,000 200 57,500 300 no par .no par .no par 31,100 88,000 18,500 1,000 60,100 2,225 48,500 1,800 111,200 6,500 100 23,900 1,300 46,900 9,400 31,600 20,200 1,300 21,700 8,800 9,500 13,600 Continental Can__ .no par Continental Insurance ....25 Continental Motors. .no par Corn Prod Refg pref. ...100 New w 1________ ___ 25 Ooty, Inc__________ no par Orex Carpet____ __ ..100 Crucible Steel of Amer .100 Preferred____ ■.___ ...100 Cuba Co.. _____ .no par Cuba Cane Sugar__ .no par Preferred___ __ . ...100 Cuban American Sugar__ 10 Preferred________ ...100 Cuban Domln Sugar. no par Preferred ________ ...100 Cudahy Packing____ ...100 Cushmans Sons____ no par 7 % preferred ...100 Rights . Ouyamel Fruit____ no par Daniel Boone Wool Mills.2ft 50,100 10.400 500 153,100 105,000 1,900 1,900 11,050 62,300 12,700 1,900 8,000 53,100 54,250 290,900 4,000 4,800 328,200 18,900 58,100 134,700 839,500 90,400 2,500 257,900 42,625 348,200 5,205 509,100 35,700 4,000 102,405 7,000 194,000 100,800 221,320 212,900 7,900 140,400 21,300 22,700 62,700 500' 12,1021 48,360 14,2001 48 119 April 1. Sale 103 Sale 42 *4 50 51 Sale 5254 Sale Sale 3254 Sale 17 19 20 Sale 4154 Sale 35 Sale Sale Sale 9854 Sale 6854 6274 Sale 108 120 107 Sale 13974 Sale 10074 10274 3614 Sale 2874 Sale 103 110 105 110 70 74 Sale 8314 Sale 114 11474 11354 Sale 65 3514 1974 208 52 108 67 103 153 54 9654 63 95 54 4 9454 214 9214 131 1154 123 4254 58 63 80 99 49 74 914 43 54 2474 98 3 14 1714 96 100 4654 Sale 1 54 Sale Sale 25 2574 Sale Bid. 50 107 1954 42 9574 104 5274 2974 4174 11874 115 5554 95 1054 17 85 Sale 99 Sale Sale Sale Sale Lowest. Highest. Lowest. Sale Prices. Sale Prices 5254 Apr. 6 50 Mar. 30 108 Apr. 14 108 Mar. 18 2074 Apr. 5 197s Jan. 2 4354 Apr. 7 37 74 Mar. 30 9754 Apr. 29 96 Mar. 25 10774 Jan. 4 5374 Apr. 23 44-74 Jan. 6 4074 Apr. 30 33 74 Mar. 31 4154 Apr. 5 3574 Apr. 16 12074 Apr. 30 97 Mar. 3 116 Apr. 14 11574 Apr. 21 56 Apr. 21 54 Mar. 4 97 Apr. 13 94 ■Tan. 8 1054 Apr. 5 10 Mar. 27 2074 Apr. 10 16 Apr. 30 88 Apr. 27 8474 Apr. 30 174 Apr. 5 74 Apr. 30 474 Jan. 6 Sale 50 108 19 74 3854 9654 Prices. Apr. 30 Apr. 14 Apr. 29 Apr. 13 Apr. 6 4754 3354 3554 10254 11554 555-8 9554 1054 16 8454 54 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 13 21 16 1 21 16 20 1 30 30 30 9754 105 45 102 2554 2354 39 9854 53 5-s 11454 3154 3854 100 11554 454 35 54 3154 174 14 254 135 70 32 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 1 1 28 3 20 15 15 16 13 21 19 12 1 3 1 15 29 26 21 21 16 1 12 26 54 2554 954 122 9754 Apr. 19 2974 Apr. 7 Apr. 13 2974 Apr. 27 Apr. 17 1254 Apr. 26 Apr. 5 13874 Apr. 29 Apr. 6 100 Apr. 28 108 108 50 102 28 2574 42 74 9874 61 11454 3454 42 7? 10054 11554 574 3574 3574 2 20 6 139 74 36 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 23 27 3 3 23 24 26 16 23 22 1 7 10 20 6 9 3 12 15 14, 26/ 6 3 Apr. I 3974 Apr. Apr. 13 87 74 Apr. Apr. 5 2954 Apr. Apr. 6 89 74 Apr. 101 Apr. Apr. 16 574 Apr. Apr. 21 26 Apr. Apr. 1 12 74 Apr. Apr. 23 3054 Apr. 23 1 23 23 21 6 26 7 23 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 6 3 1 30 10 23 2.. 1 6 1 3 30 6 15 Anr. 12 1674 Apr. 3174 Apr. 15 3574 Apr. 1 6 3154 7754 1874 86 474 2054 1174 2874 129 3354 174 61 1474 8274 10354 87-, 4674 1374 85 6574 41 74 98 8874 1654 3354 111 Sale Sale 2 Sale Sale 83 10454 Sale Sale 1454 86 Sale Sale 10354 96 Sale Sale Sale 9474 Apr. 4974 33 74 21 4474 33 99 61 108 14654 100 14654 3654 105 77 11254 Sale Sale 22 Sale Sale 100 63 48 3174 20 4174 3074 97 6274 Sale Sale 112 Sale Sale 135 137 2874 110 70 112 6454 2954 2354 24 92 Sale Sale 24 28 Sale 62 74 2954 23 25 92 Apr. Apr. Apr. Apr. Apr. 55 90 12674 125 1554 42 54 4574 98 Apr. 12 56 Apr. 1 91 Apr. 30 137H Apr. 20 13554 Apr. 30 1774 Apr. 15 4354 54 Apr. 22 Apr. 15 56 Apr. 7 99 254 89 74 174 11874 7174 122 1054 124 37 46 25 64 96 3974 9 3974 24 100 174 1654 76 87 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 56 Sale 94 100 92 89 12654 Sale 128 Sale 1574 Sale 42 74 43 74 54 Sale Sale 55 Sale 9974 98 10054 Sale 374 Sale Sale 93 Sale Sale 2 Sale 119 126 Sale Sale 7574 Sale Sale 128 Sale Sale 1054 Sale 128 120 132 Sale 3854 Sale 50 Sale 49 40 42 32 Sale 68 Sale 9874 10274 104 Sale 4774 Sale Sale 974 Sale Sale 4174 Sale Sale 2554 Sale Sale 10074 104 Sale 1 74 Sale Sale 1954 Sale Sale 80 Sale Sale 94 97 10274 106 4474 Sale 4454 45 74 Sale 54 54 56 98 90 128 125 121 12754 Sale 1654 54 7-8 Sale 5354 9554 92 3 454 Sale 9174 Sale 254 11554 Sale 7454 126 134 Sale 1074 125 12554 Sale 3774 60 47 Sale 30 Sale 69 Sale 96 Sale 4454 Sale 974 42 Sale Sale 2554 Sale 100 Sale 254 Sale 1754 Sale 85 101 9054 100 717-2 Sale mm2 W2 3Z 121 118 18 6274 30 24 2554 94 April 30. As* Sale 110 20 Sale 98 107 Sale Sale Sale Sale 11654 56 98 ll Sale Sale 54 Sale 454 8 Sale 105 Sale Sale 108 10874 50 43 74 50 110 101 Sale 275-s Sale Sale 2474 26 Sale 42 41 99 98 9854 Sale 57 74 Sale 114 Sale 3374 Sale Sale 4074 Sale Sale 100 Sale 116 11574 116 Sale 5 574 42 35 44 36 3174 Sale 254 174 27 12 25 3 9 2-54 Sale 138 Sale Sale 12 Sale Sale 33 74 3474 115 106 74 110 Sale 2774 Sale 2874 Sale 27 1074 1274 Sale Sale 136 Sale Sale 9954 Sale 116 Sale 3654 Sale Sale 87 Sale 21 2674 Sale 90 87 89 10054 102 Sale 5 Sale Sale 2474 Sale Sale 1274 Sale 30 31 29 9974 Ask. Sale 110 207-s Sale 97 74 108 Sale Sale 42 Sale 117 5674 Sale Sale 93 Sale 774 Sale 92 Sale 8414 6 2314 Sale 36 100 Sale 12654 Saie Sale 3454 Sale 2 154 Sale Sale 57 Sale Sale 1454 Sale Sale 74 Sale Sale 100 Sale Sale 12 74 Sale Sale 4854 Sale 33 1554 Sale 95 95 86 Sale 6254 Sale Sale 41 Sale Q7U IflQU S8U Q6 100 1654 Sale 34 7s Sale 59 Sale 47 Sale 2614 27 2714 Sale RANGE SINCE JAN. 1. PRICES IN APRIL. In April 33,400 Calif Packing Corp.. no par 199,300 California Petroleum. ....25 5,100 Callahan Zinc-Lead.. _...10 9,700 Calumet & Arizona Mg . 10 10,400 Calumet & Hecla ___ 25 27,400 Case (J I) Thresh Mach. 100 2,800 Preferred________ ...100 Central Leather____ ...100 - 35,200 41,700 Preferred.. _____ ...100 7,100 Century Ribbon Mills .no par 200 Preferred__ ___ ...100 37,300 Oerro de Pasco Cop__ .no par 12,500 Oertaln-Teed Prod__ no par 1st preferred 100 2d nr eferred inn 6,600 18,400 6 74 % preferred___ Commercial Solv A.. B-. ____________ Congoleum Co new.. Congress Cigar.___ Conley Tin Foil stpd. Consolidated Cigar.. Preferred________ Rights __ Consol Distributors Consolidated Gas__ Oonsol Textile_____ «S STOCKS—STOOK EXCHANGE RECORD 12574 3254 154 5654 1354 7254 100 854 4354 13 86 6074 3954 15 5 10 12 1 5 1 28 28 8 3 12 15 13374 3774 154 61 15 86 10454 1354 50 74 155-4 87 6574 4254 8 117 Apr. 21 54 Apr. 1 33 74 Apr. 7 2174 Apr. 1 4474 Apr. 15 3574 Apr. 3 1037-s Apr. 1 6454 Apr.23 Apr. 3 Apr. 30 Apr. 19 Apr. 22! Apr. 6 Apr. 6 Apr. 7 Apr. 3 14854 Apr. 23 Anr. 15 137 Anr. 15 Apr. 1 3754 Apr. 27 Apr. 28 110 Apr. 28 Apr. 1 79 Apr. 23 Apr. 7 11474 Apr. 28 1 28 20 19 28 3 13 19 3 14 20 14 12 1 3 9 15 3 15 19 14 14 1 29 7 21 13 6654 3254 24 2574 9474 Apr. 8 Apr. 7 Apr. 26 Apr. 3 Apr. 5 Apr. I Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 10 6 6 24 24 22 29 22 474 Apr. 22 94 54 Apr. 29 254 Apr. 6 126 Apr. 28 7774 Apr. 24 130 Apr. 23 1 1 74 Apr. 6 1297-s Apr. 28 4074 Apr. 7 5174 Apr. 28 25 Apr. 9 71 Apr. 7 99 Apr. 30 4854 Apr. 23 9 54 Apr. 1 43 74 Apr. 6 26 74 Apr. 6 103 Apr. 29 254 Apr. 5 20 Apr. 23 85 Apr. 1 9954 Apr. 24 4274 Apr. 15 47 Apr. 74 Apr. 54 Apr. 29 6 1 9274 Mar. 31 105 Mar. 31 45 Apr. 28 102 Apr. 3 2454 Mar. 30 2374 Apr. 15 39 Mar. 31 9874 Apr. 16 53 74 Apr. 1,3 11474 Apr. 21 3174 Apr. 19 3874 Apr. 12 100 Mar. 5 114 Mar. 8 47-8 Mar. 24 35*/, Apr. 15 31 74 Apr. 29 174 Apr. 26 14 Apr. 21 254 Apr. 21 133 Mar. 31 68 Mar. 30 30 Mar. 29 109 Jan. 18 2674 Apr. 19 2454 Mar. 30 874 Mar. 4 121 Mar. 31 97 Mar. 30 1175^ Jan. 14 2974 Mar. 31 7774 Apr. 13 1654 Mar. 18 86 Apr. 6 9974 Jan. 20 474 Apr. 16 1754 Mar. 3 11 Mar. 30 28 Mar. 29 9874 Mar. 20 12174 Mar. 30 30 K Jan. 30 1 74 Mar. 26 5574 Mar. 29 1354 Mar. 31 6274 Jan. 4 96 Jan. 5 874 Apr. 28 43 74 Apr. 28 13 Apr. 8 85 74 Mar. 2 57 74 Jan. 22 37 74 Mar. 30 10274 Jan. 2 9074 Jan. 7 15 Apr. 12 3174 Apr. 15 4354 Feb. 18 9474 Apr. 8 45 Mar. 29 48 Apr. 21 30 Mar. 3 16 Mar. 3 40 Mar. 30 28 74 Mar. 30 93 Mar. 30 60 74 Mar. 31 10374 Jan 13 128 Mar. 24 Jan. 14 99 137 Apr. 15 2754 Mar. 3 Apr. 28 no 63 74 Mar. 29 112 Mar. 30 Jan. 26 Mar. 3 Apr. 20 Apr. 19 Apr. 28 Jan. 22 Apr. 12 Mar. 31 Apr. 1 Jan. 4 Jan. 4 Apr. 30 Apr. 15 Mar. 18 Apr. 15 Mar. 31 Jan. 22 Mar. 3 Mar. 30 Apr. 19 Mar. 3 Mar. 30 Mar. 31 Mar. 3 Jan. 6 Mar. 30 Mar. 29 Apr. 9 Apr. 15 Mar. 30 Apr. 15 8^1 Mar. 11 3974 Apr. 14 24 Mar. 29 9754 Jan. 5 174 Apr. 29 1674 M.ar. 8 76 Apr. 21 77 74 Mar. 1 9954 Feb. 16 1 32 Feb. 1 4274 Apr. 15 54 Apr. 29 5554 2974 23 25 92 74 55 98 90 12054 11874 1554 42 54 4574 91 1 254 87 154 117 70 122 10Vs 12274 3554 44 74 25 64 96 3974 Highest. Sale Prices. 6374 Jan. 21 11154 Feb. 1 2374 Jan. 26 54 74iJan. 9 10274 Jan. 6 108 Jan. 28 60 Mar. 4 6854 Jan. 6 56*4 Jan. 13 12074 Apr. 30 117 74 Mar. 3 59 Jan. 6 97 Apr. 13 1774 Jan. 30 28 Jan. 29 93 Jan. 6 274 Feb. 11 474 Jan. 6 136 74 Jan. 4 114 Feb. 6 57 74 Feb. 23 102 Apr. 3 33 74 Jan. 2 29 74 Jan. 2 49 54 •Tan. 4 10074 Feb. 19 7154 Feb. 4 11454 Anr. 22 3954 Jan. 4 50 74 Jan. 7 105 Feb. 2 120 Jan. 26 954 Jan. 11 5174 Jan. 7 41 74 Jan. 4 3 Jan. 18 27 Jan. 28 1074 Jan 11 14674 Feb. 1 7814 Jan. 11 4854 Jan. 7 Mar. 10 111 37 74 Jan. 4 30 5, Jan. 4 1454 Mar. 18 141 74 Feb. 13 10074 Jan. 11 11754 Jan. 14 44 Feb. 13 93 Jan. 4 2954 Apr. 23 90 Feb. 10 10174 Jan. 30 67i Feb. 10 26 Apr. 26 1674 Jan. 11 38 74 Feb. 2 9954 Feb. 18 17974 38 74 254 64 74 1574 9054 10554 2074 68 34 3254 90 69 74 49 74 10574 9574 26 45 *4 4974 120 49 6654 3654 21 74 6354 5474 108 6874 no 161 74 '01 74 137 38 74 110 90 115 Feb. 4 Feb. 10 Jan. 15 Jan. 8 Jan. • 6 Feb. 13 Feb. 23 Jan. 5 Jan. 5 Jan. 8 Jan. 21 Feb. 11 Jan. 5 ■Tan. 21 Feb. 17 Feb. 11 Feb. 15 Feb. 10 Jan. 2 Feb. 8 Jan. 4 Jan. 6 Feb. 17 Jan. 4 Jan. 9 Jan. 2 Jan. 7 Feb. 25 Feb. 4 Mar. 24 Apr. 15 Feb. 11 Apr. 28 Jan. 9 Jan. 12 6954 47 74 26 74 2754 9974 54 72 104 100 15274 146 21 54 4354 I 67 10274 3 674 10474 354 126 0274 14454 13 12974 4354 6054 63 81.74 10054 53 11 74 4954 3054 104 3% 2254 97 100 101 74 51 1 Feb. 23 Jan. 6 Jan. 6 Jan. 11 Feb. 26 Jan. 16 Jan. 11 Jan. 28 Jan. 13 Feb. 13 Feb. 13 Feb. 4 Apr. 24 Mar. 12 Feb. 20 Feb. 11 Feb. 5 Jan. 7 Feb. 23 Jan. 18 Apr. 28 Jan. 2 Jan. 9 Jan. 5 Apr. 28 Jan. 13 Jan. 4 Jan. 2 Jan. 4 Feb. 20 Feb. 4 Jan. 29 Feb. 4 Jan. 28 Fob. 5 Feb. 8 Feb. 6 Jan. 4 Mar. 4 Feb. 25 Jan. 18 Jan. 14 Jan. 4 *46 [Vol. 122. STOCKS-STOCK EXCHANGE RECORD STOCKS MAY 1. H. 7. STOCK EXCHANGE In April Since Jan. 1. Par Davison Chem v t c_.no par DeBoers Cons Mines.no par Shares. Shares. Deere & Co pref________ 100 Detroit Edison_________ 100 Devoe & Raynolda A.no par Preferred____________ 100 Dodge Bros, Class A .no par Pref temp certifs__ no par Dome Mines Ltd____ no par Douglas Pectin_____ no par Duquesne Light 1st pref. 100 Durham Hosiery________ 50 Preferred____________ 100 152,300 300 1,400 9,200 11,000 450,900 24,600 37,400 900 2,600 600 16,800 200 26,800 118,500 4.800 7.400 300 3.200 12,200 1.500 98,800 200 6.700 13.300 16,000 2.300 500 2,100 1.800 4.700 1,100 300 1,100 700 3.500 300 2.200 100 168,800 3.400 16.300 100 2.700 7.300 1,800 200 1,200 12,200 126,400 77,700 1925. 10.400 1,000 176,100 30,500 31.400 100 543,000 18,300 Gabriel Snubber A__ no par 7,600 Gardner Motor.__ ..no par 17,800 Gen Amer Tank Oar.__ 100 1,300 7% preferred_________ 100 General Asphalt________ 100 202,900 6,100 Preferred.___________ 100 General Baking pref. .no par General Cigar Inc_______ 100 New w i_________ no par 15,100 100 Preferred____ _______ 100 200 Debenture pref (7%)..100 481,300 General Electric________ 100 20,400 Special when Issued____ 10 Gen Gas Del A..^__ no par 7,900 Preferred A (8)____ no par 200 200 Preferred A (7)____ no par, 900 Preferred B (7)____ no par »en Motors Corp new no par 1,335,600 Preferred____________ 100 300 5% debenture stock___ 100 8,600 Pre'erred 7% new____100 Gen Outdoor Adv A..no par 3,200 11.300 Trust certificates__ no par 157,200 Genetal Petroleum______ 25 200 General Ry Signal Pref.. 100 New---------------------no par 34.100 200 General Refractories..no par 26,600 Glmbel Brothers____ no par 2,000 Preferred____________ 100. Glldden Sc, Co________no par 24.100 170,300 33,100 114,800 2,500 1,152,100 46,500 100 39,000 32,500 1,200 2,100 1,612,700 105,400 86,900 1,600 2,600 1,700 4,983,800 500 1,400 29,400 51,500 115,450 1,877,200 700 235,200 7,000 162.100 4,630 192,500 April 30. Bid. 107% 113 26% 206 102% 13% 93 63% 5 103 19% 105 91% Sale -----Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale 75% 10 ____ 3 3% 1% 22% 24% 12 67 68% Sale 112% 117 114% Sale Sale 21 Sale Sale Sale 116 109% 114 26% 217% 102% 13% 91% 66 5 103 19% 102 93 % 66% 78% 9 106% Sale 32% Sale 92% Sale 73% Sale 12 52% 16% 33% 2% 51% 107% 108 116 36% 102 96 99% 176 14% 102 39% 98% 23% 114% 55% 158 83% 106 20% 39% 9% 55% 101 67% 105% 115 106 112 326% 11% 58% 110 99 118 99 99 115% 53% 31% 59 103 78% 49 77% 108 23% 22,400 Gold Dust certifs___ no par 270,500 47% Goodrich (B F)_____ no par 80,700 412,500 63 Preferred............. ........ 100 610 5,010 97 650 Goodyear Tire pr pf w 1. . 100 5,250 105% Preferred____________ 100 9.100 38,500 104% 4.100 Gotham Silk Hosiery.no par 60,100 39% Preferred____________ 100 1,400 11,800 102% 3,000 Gould Coupler "A”_______ 21,500 20% 11.100 Granby Cons M S & P..100 111,900 20% Great Western Sugar____ 25 21.300 131,400 95% Great Western Sugar preflOO 500 2,200 113% 6,300 Greene Cananea Copper. 100 21,900 12 Guantanamo Sugar__ no par 5 2,000 53,200 Preferred....... .................100 40 80 Gulf States Steel_______ 100 14.700 117,000 92% 1st preferred_________ 100 100 400 107 Hanna 1st preferred____ 100 100 1,100 54 Hartman Corporation__ 100 11,600 68,700 34 Hayes Wheel________ no par 20,800 91 ,900 45% Helme (G W)___________ 25 1,100 7,400 68 Hoe (R) Sc Co Class A.no par 1,100 12,800 30% Homes take Mining____ 100 900 12,000 48 Household Products, .no par 4,500 52,700 46% Houston Oil of Texas___ 100 14.600 61,900 71 Howe Sound________ no par 8,200 176,000 27% Hudson Motor Car...no par 1,770,000 3,305,300 113 Hupp Motor Car Corp__ 10 54.100 336,500 27% Indep Oil & Gas____ no par 120,600 506,600 32% Indian Motocycle___ no par 2.900 32,700 18% Indian Refining_________ 10 15,500 108,600 12% Certificates___________ 10 7.100 27,800 12 Preferred____________ 100 100 600 104 Ingersoll-Rand New.__ 100 3,000 15,700 99 Inland Steel_________ no par 11.700 54,800 43 Preferred____________ 100 700 3,200 112 Inspiration Cons Copper, ,20 8,800 63,300 25% Intercontin’l Rubber.no par 79.100 180,300 Internat Agricultural.no par 161,600 20 6,200 Prior preferred_______ 100 2,200 16,100 75 Int Business Machines no par 22.700 112,200 147% Internat Cement_____ no par 9.900 78,800 67% Preferred ............... 900 5,500 100 Inter Combus Eng___ no par 554,100 1 .889,000 62% 447.300 129% Internat Harvester_____ inn 40.600 Preferred__________ 100 4.100 10,600 118 d New stock issued on basis of 3 shares April 1. Ask. Bid. Sale 29 no Sale Sale 90% Sale Sale Sale 20 113% 20 80 Sale 111 110 116 29% Sale 232 Sale 101% Sale RANGE SINCE JAN. 1. PRICES IN APRIL. Ask. 30% Sale 27 % 29% 106 107 y» 125 Sale 36 Sale Bid. 440,610 41% 1,800 27% 3,200 108 77,400 135% 240,045 90% 600 89% 1,953,700 45% 145,900 87 173,200 16% 19,700 19% 11,300 112% 3,400 1,300 61 63,100 600 266,000 449,200 31,000 67,800 300 56,700 87,500 14,100 949,700 900 46,200 13,300 128,400 3,900 800 14,100 15,700 59,400 3,400 300 34,700 1,900 39,700 1,800 105,100 1,500 989,300 16,000 246,600 800 23,000 75,700 11,700 13,800 4,800 206,100 338,500 675,100 18,000 29,600 3,500 1,802,300 747,500 220,400 .300 1,298,500 Kastman Kodak____ no par Preferred.___________100 Baton Azle & Spring..no par B I du Pont de Nem & Co 100 6% cumul pref_______ 100 Eisenlohr (Otto) Bros___ 25 Preferred____________ 100 Electric Auto-Lite__ no par Electric Boat_______ no par Elec Pow & Lt pf 40% pd w i Certificates__________ Pull paid w i________ _ Preferred certificates____ Elec Refrigeration___ no par Bilec Storage 8attery.no par Elk Horn Coal Corp_____ 50 Preferred____________ 50 Bmerson-Brantingham _ _ 100 Preferred100 Endicott-Johnson______ 50 Preferred __________ 100 Equitable Office Bldg pf. 100 Eureka Vacuum Clean .no par Exchange Buffet Corp.no par Pair (The) Co-------------- 100 Fairbanks Co (The)_____ 25 Fairbanks Morse____ no par Preferred___________ 100 Fam Players-Lasky_ no par Preferred___________ 100 Federal Light & Trac new 15 Preferred..................... 100. Federal Min & Smelt.__ 100 Preferred___________ 100 Fidelity Phenix Fire Ins..25 Fifth Avenue Bus___ no par First Nat Piet, 1st pref--100 First National Stores______ Fisher Body Corp, New..25 Fisk Rubber________ no par First preferred_______ 100 First pref stamped.___100 1st pref conv ctfs_____ 100 Flelschmann Co, new_____ Foundation Co_____ no par Fox Film “A"................... .. Franklin Simon pref.__ 100 Freeport Texas Co__ no par Price about Jan. 2 37% 27% 106% 130 37 99 32% Sale 29 83% Sale 82% 13 15% Sale 20 20% 19% 113% Sale 115 13% 5% 58% 60 Sale “1% 12 67% 116% 101 Sale 46 45 46 Sale 15% Sale 15% Sale 29 28% Sale 2 3% 2 3 Sale 50% Sale 49 108% 110 116 110% Sale 119% Sale 121% 117 117 Sale 118 Sale 31 30% Sale 105 85 87 85 Sale 65 84 Sale Sale 71 Sale 76 Sale 165 Sale 163 Sale 16 15 20 105 98% 100 99 Sale 33% Sale 33 Sale 90 Sale 88 Sale 17% Sale 17% Sale 106 113% 96 80% Sale 80% 96 97 Sale Sale 37% Sale 41% Sale 101% Sale 100% Sale 58 Sale 64 109% 106 108% 106 Sale 23% Sale 31% Sale 33% 33% Sale Sale 7% Sale 7% Sale 42 Sale 46% 102% 100 102 103 Sale 61% Sale 65% 108% 102 Sale 106% 109 125% Sale 49 Sale 50% 114% 111% 115% 111% 116 109% 113% 109 Sale 305 Sale 322% Sale 11% Sale 11% Sale 39% Sale 36% 111 105% 107% 105 99% 95% 96% 95% 93% 93% 92% Sale 120% Sale 133 100 99 98% 100 99 100 98% Sale 115 115% 114 Sale 51 Sale 52% Sale 29 Sale 29 Sale 59% Sale 60 105% 101% 105 103 Sale 66% Sale 72 51 42% 44 Sale 49% Sale 52 112 1C4% Sale 104 Sale 20% Sale 19% Sale 44% Sale 44% Sale 53% 56% Sale 97% 98% 99% 98 106% 106 108 107 Sale 102 Sale 101% Sale 34% Sale 35% Sale 98% 98 Sale Sale 18% Sale 17% Sale 19% Sale 96 Sale 95% 118 108 111% 110 13 10% Sale 10% 5% 7% Sale 6% 85 ____ 85 Sale 71% Sale 68% 106 107 108% 61% 50 58 42 Sale 26 % Sale 27% Sale 38 Sale 34 70% Sale 69 Sale 26 25% Sale 54 55 Sale Sale 43 73 Sale 59% Sale 33% Sale 31% Sale 78 Sale 69 Sale 21% Sale 21 Sale 24% Sale 25% 20 20% 21 19% 12% 10 Sale 10% Sale 9% Sale 9% 107 90% Sale 85 105 84% Sale 90% Sale 37% Sale 37% 113 109 111 109% Sale 22 Sale 24% 16% Sale 15% Sale 16% 16% Sale 85 87% Sale 85% Sale 43% Sale 44 Sale 60% Sale 60 104 102 105 103% Sale 38 Sale 45% Sale 117% Sale 118 119% 121% Sale_ 121 old stock. Ask Lowest. Highest Lowest. Highest. Sale Prices. Sale Prices Sale Prices. Sale Prices Sale 29% 108 Sale Sale 102% Sale Sale Sale 20 116 11% 61 Apr. 5 40 Apr. 29 27% Mar. 30 46% Apr. 20 27% Apr. 27% Apr. 20 29 Apr 108% Apr. 104% Mar. 27 109 Apr 133% Apr. 123% Mar. 30 141% Apr. 15 41% Apr. 33% Apr. 15 104% 99 Mar. 19 109 26% Apr. 15 33% Apr. 26% Apr. 15 47% 81 Apr. 15 83% Apr. 81 Apr. 15 88% 12% Apr. 3C 17% Apr. 12% Apr. 30 20 19% Apr. 19 20% Apr. 19 Mar. 30 25% 113 Apr. 1 116% Apr. 111% Mar. 3l 116% 12 Mar. 22 19 59 Apr. 26 60 Apr. 1 59 Apr. 20 67 Sale 107% 115 25% 194 100% 12% 92 63% 4% 100% 17% 103 91 % 65% 75 9 21 1% 9% 66 115% 100 46 15% 28% 2 48% 110 114 115% 28% 87 69 71 160 19 97% 32% 84% 16% Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 110 115 29 221 % 102% 14 93 66% 5% 103 21 105 94 67% 78% 12% 25 68% 118 101 48% 17 30% 2% 50% 110 123% 119% 32 87 90 78 167 19 100 35% 92% 18% Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 100 Sale Sale Sale 108% Sale 76% 95 36% 95% 59 106% 22% Apr. Apr. Apr. Apr. Apr. Apr. Apr. 82% 98% 42% 106% 65% 106% 33% Apr. Apr. Apr. Apr. Apr. Apr. Apr. Sale 7% Sale Sale Sale Sale 32 6% 41 % 100% 56% 100% Apr. Apr. Apr. Apr. Apr. Apr. 35 7% 47% 103% 67% 106% Apr. Apr. Apr. Apr. Apr. Apr. Sale 115% 113 Sale 11% Sale 107 96% 94 Sale 49 112 109% 285 11% 35% 105% 95% 92% 115% Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 51% 112 111% 329% 11% 39% 107 96 93% 135% Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Aprl Apr. Sale 46 54 107 Sale 98% 113% 51 28% 57% 103 65% 42 48% 103% 19% Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 98% 115 54 30% 60% 103 74% 42 57% 107 22 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Sale Sale Sale 108 102% 36 99% Sale Sale Sale 113% Sale Sale 42% 51% 99% 106 99 34% 98 16% 17 89 111% 9% 6% Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 48 59% 99% 108 102% 36% 99% 18% 19% 97% 112% 10% 7% Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Sale 66% 107% 50 26% 34% 69 25 53% 40% 51% 31 % 61 19% 21 % 19% 9 8 90% 84% 37 109 21 % 14% 15% 85% 40 57% 102% 36% 114% 120% Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 27 73 107% 50 28% 39% 71% 27 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Sale Sale Sale 13% 92 Sale Sale 106 Sale Sale Sale Sale Sale 12 25 2 13 Sale 117% Sale 48 17 Sale 3 49% 115 Sale 119% Sale 87 75 Sale 168 19 99% Sale Sale Sale 113% Sale 53% 29% Sale 50 Sale 34% 71 Sale 54% Sale Sale Sale Sale Sale Sale Sale Sale Sale 101 92% Sale 110% Sale Sale 17 Sale Sale 61 Sale Sale Sale Sale 29 27% 106 125 33% 59% 33% 79% 22% 27% 21 % 11% 10% 90% 93 39% Ill 24% 18% 18% 87% 45 63 103% 49 120% 122% Feb. Jan. Jan. Feb. Feb. Jan. Jan. Jan. Mar. Jan. Apr. Feb. Feb. 17 10 30 2 28 13 30 27 3 9 Mar. Apr. Mar. Mar. Api Aj Ma.. Apr. Mar. Mar. Mar. Mar. Apr. Mar. Apr. Mar. Feb. Mar. Mar. Apr. Mar. Jan. Apr. Mar. Apr. Mar. Apr. Mar. Jan. Jan. Mar. Mar. Feb. Apr. Mar. Apr. Jan. Apr. Mar. Apr. Mar. Mar. Apr. Apr. Mar. Mar. Mar. Jan. Jan. 112% 116 32% 238% 104% 20% 93 82 8% 1)5 34% 110% 97% 67% 79% 12% 25 4 24% 72% 118 101 53% 17 34 3% 59% 115 126% 124 39% 89 111% 105 200% 21% 107 49% 105% 26% 115 84% 107 56% 179% 85 109% 33% Jan. 5 Jan. 26 Feb. 13 Jan. 4 Jan. 18 Feb. 1 Apr. Feb. Feb. Feb. 11 Feb. 10 Feb. 26 Feb. 1) Apr. 30 Mar. 12 Feb. 4 Apr. 8 Feb. 1 Jan. 29 Feb. 8 Feb. 2 Apr. 30 Jan. 8 Apr. 22 Jan. 14 Feb. 25 Feb. 10 Feb. 9 Mar. 12 Mar. 11 Feb. 3 Jan. Jan. Jan. Jan. Feb. Feb. 13 Feb. 5 Jan. Jan. Jan. Mar. 16 Mar. 1 Feb. 1 Jan. 25 Jan. 2 Mar. 29 Apr. 27 Mar. Apr. Mar. Apr. Mar. Mar. Mar. Mar. Mar. Jan. Apr. Apr. Jan Mar. Apr. Apr. Apr. Mar. Feb. Apr. Jan. Mar. Mar. Mar. Apr. Mar. Apr. Mar. Apr. Mar. 42 9% 55% 104 120 118% 59% 115% 118% 386% 11% 59 110% 99% 96 135% 99% 100 115% 55% 33 65% 104 84% 49 78% 111% 25% Feb. 11 Jan. 4 Jan. 2 Jan. 15 Jan. 11 Jan. 11 Mar. 2 Feb. 10 Feb. 11 Feb. 18 Feb. 10 Feb. 19 Mar. 22 Jan. 2 Jan. 15 Jan. 4 Jan. 4 Apr. 29 Feb. 20 Jan. 11 Jan. 11 Feb. 4 Jan. 6 Mar. 16 Jan. 18 Jan. Jan. Jan. Jan. 19 Jan. 7 41% Mar. 56% 51 % Apr. 70% 96% Jan. 100 105% Jan. 108 98% Mar. 109% 33% Mar. 41% 98 Apr. 103% 16% Apr. 16% Mar. 23% 89 Apr. 106% 108% Mar. 116 9% Apr. 14% 5% Jan. 10% 90 Mar. 90 66% Apr. 93% 105% Jan. 107% 50 Apr. 57 26 Mar. 35 34% Mar. 46 68 Mar. 74% 25 Mar. 35 47% Jan. 62 40 Mar. 48% 50% Mar. 71 27 Jan. 35% 61 Apr. 123% 17 Mar. 28% 19% Mar. 34 18 Jan. 24% 9 Mar. 13% 8 -Apr. 12% 90% Apr.' 104 80% Mar. 104 37 Mar. 43% 108% Mar. 115 20% Mar. 26% 14% Mar. 21% 15% Mar. 26% 83% Jan. 95 d38% Mar. d47 57 Mar. 71% 102 Mar. 106 33% Mar. 64% 112% Mar. 29 134% 5 122% Feb. 4 Feb. 3 Feb. 9 Mar. 9 Feb. 4 Jan. 11 Jan. 14 Jan. 23 Feb. 5 Feb. 2 Jan. 14 Feb. 10 Feb. 1 Mar. 8 Jan. 4 Apr. 5 Feb. 26 Jan. 6 Jan. 14 Feb. 11 Jan. 6 Feb. 23 Jan. 8 Jan. 5 Mar. 10 Jan. 4 Jan. Jan. Feb. Feb. 11 Feb. 13 Jan. Jan. Jan. Feb. Feb. 10 Feb. 11 Jan. 22 Jan. 27 Mar. 2 Jan. 27 Jan. 26 Jan. 5 Feb. 10 Apr. 9 106% 115 24% 193% 100% 92 61% 4 99% 17% 03 89% 65% 71 % 9 21 1% 9% 65% 114 100 45 15% 27% 2 46 108% 103% 115 28 87 69 61 „„ 160 14% 97% 30 84% 14% 105% 76% 95 32% 93% 55% 106 19% 29 6% 39 100% 50 94% 120 105 46 109 109% 285 105% 95% 92% 113% 99 98% 113% 51 26% 49% 103 60% 42 45% 103% 18 73 113% May, 1926.] STOCKS SALES TO MAY 1 a. T. STOCK EZCHANOE In April Since Jan. 1. Par Internal Match pref____ 35 Internal Merc Marine___ 100 Preferred____________ 100 International Nickel_____25 Preferred____________ 100 International Paper_____ 100 Preferred (6)________ 100 Preferred (7)____ 2d paid_________ International Shoe__ no var Int Tel & Tel.................... 100 Intertype Corp_____ no par Jewel Tea Inc__________ 100 Preferred____________ 100 Jones Bros Tea Inc____ 100 Jones & Laugh Steel pref. 100 Jordan Motor Car___ no par Kansas City Lt 1st pf.no par Kansas & Gulf__________ 10 Kayser (J) & Co new.no par First preferred new.no par Kelly-Springfield Tire___ 25 Preferred 6%................ 100 Preferred 8%________ 100 Kelsey Wheel Inc_______ 100 Preferred____________ 100 Kennecott Copper__ no par Keystone Tire & Rub.no par Kinney (G R)______ no Preferred_______________ Kresge (8 8) Co new ____ 10 Preferred____________ 100 Kresge Dept Stores__ no par Preferred____________ 100 Kui B preferred__________ 100 Shares Shares. 16,300 26.900 319,100 154,500 900 38,600 2,500 500 1,800 40,900 1,800 5,800 5,000 100 160,800 1,100 1,000 8,700 16,600 300 1,000 3,600 76,400 12,900 1,000 600 322,900 6,100 100 600 200 Laclede Gas (St Louis)..100 8,000 Lambert Co ctfs_____ no par 9,200 Lee Rubber & Tire__ no par 9,200 Lehn & Fink_______ no par 4,400 Life Savers_________ no par 5.900 Lima Loco Works___ no par 1,000 Liggett & Myers Tob pf-100 3,600 New_________________ 25 24.400 B new________________ 25 57.600 Loews Incorporated, .no par 11.600 Loft Incorporated.__ no par 1.900 Long Bell Lumber A .no par 5,300 oose-Wiles Bis tr ctfs__ 100 200 First preferred_______ 100 1,100 2d preferred_________ 100 1,100 Lorillard (P) pref_______ 100 16,200 New_________________ 25 Louisiana Oil___________ nopar 22,600 8,800 Loulsv Gas A El A ctfs no par Ludlum Steel___________ nopar 21,000 300 McCrory Stores_____ no par 5,300 McCrory Stores, cl B.no par 300 Preferred____________ 100 3.100 McIntyre Por Mines_____ 5 100 Mackay Companies____ 100 700 Preferred_____ ______ 100 329,300 Mack Truck Inc____ no var 900 1st paid 700 2d paid. 2,000 1st preferred_________ 100 1,000 2d preferred_________ 100 18.400 Macy______________ no par 500 Preferred____________ 100 15,100 Magma Copper_____ no par 4,000 Malllnson(H R)A Co.no par 100 Preferred____________ 100 Manati Sugar__________ 100 4.100 Preferred____ _______ 100 Manhattan El Supp. .no par 36,900 Manhattan Shirt________25 2,800 Preferred____________ 100 Manila Electric Corp.no por 1,800 Maracaibo Oil Expl__ no par 15,700 Marland Oil_________no par 287,000 Marlin-Rockwell____ no por 2.500 Martin Parry Corp...no par 5.500 Mathieson Alkali Wks.no par 16,900 May Dept Stores________ 50 36,400 Preferred____________ 100 Maytag Ce__________no par Metro-Golawyn Pie pref. .27 Mexican Seab'd Oil__ no par Miami Copper___________ 5 Mid-Conf IPetrole’m.no par Preferred____________ 100 Middle States Oil________ 10 Certificates___________ 10 Midland Steel Prod nref.100 Miller Rubber ctfs___ no par Montana Power________ 100 Preferred____________ 100 Montgomery Ward A Co. 10 Moon Motor Car____ no par Mother Lode Coal!__ no par Motion Picture Corp, .no par Moto-Meter Class A______ Motor Wheel tem ctfs.no par Mullins Body________no par Preferred____________ 100 Munslngwear_______ no par Murray Body ctfs .. no par Nash Motors Co____ no par National Acme stamped..10 National Biscuit________ 25 Preferred____________ 100 Nat Cash Regis A w l.nopar Natl Cloak A Suit_____ 100 Preferred____________ 100 Nat Dairy tem ctf.__ no par National Dept Stores.no par Preferred___________ il00 Nat Distill Prod ▼ t c.no par Preferred_________ no par Nat Enamel A Stamn__ 100 Preferred____________ 100 National Lead_________ 100 Preferred____________ 100 Nat Power A Lt ctfs. _no par National Supply_________ 50 Preferred____________ 100 National Surety________ 100 National Tea Co____ no par Nevada Consol Copper.__ 5 Newp N A H Ry G A E..100 N Y Air Brake_____ no par Class A...........no par New Vork Canners__ no par 3,200 2,600 24,900 18.700 85,100 500 33.600 3,600 5,100 5,700 18.600 300 225,200 39.700 13,200 14.600 17.700 14.700 1,900 1,700 25,400 291,400 3,500 141,200 900 50,000 7,900 1.400 150,500 11,500 300 8,000 1,300 2.400 300 16,600 800 186,800 7,000 100 5,300 10,000 9,600 7,900 46,400 600 Preferred_________no par 1st preferred_________ 100 New York Dock________ 100 6,800 Preferred ...........100 900 6 After payment of 30t% stock dividend. 21 STOCKS—STOCK EXCHANGE KECOBD Price about Jan. 2 1925. Bid. 5754 1054 4154 4554 98 6214 86 9814 Ask Sale Sale Sale Sale Sale 89 Sale April 1. Bid 5654 9% 3154 3414 103 4954 80 8914 17014 121 26 24 116 1554 11314 4854 10714 54 3914 10114 18)4 6854 69)4 116 113 55 2 82 9854 ... 28% 90 25 100 Sale Sale 2814 25 120 Sale 11354 Sale 109 Sale 41 104 Sale 72 75 119 157 160 151)4 13 4054 .. . 6954 123 87 87 3814 7)4 49 13954 112 137 113 3554 1954 23 5314 ____ 11614 108 2254 136 7114 15314 Sale Sale 117 110 Sale 138 74 Sale 1014 3214 1814 56% 121)4 7514 75)4 38 754 47% 93 114 110 112% 39 14% 22% 35 81 79% 105 24 130)4 67 11154 104 10954 104% 103 11614 4254 2514 . .. 38 70 5614 3254 ____ 32 2614 5954 2714 1914 10514 13714 123 11054 110% Sale 104% 94% 105 11914 116 37% Sale 20% Sale 74 37% 43 70 80 69 57 Sale 25% 113 30 36 22% Sale Sale 5354 28 28 18% Sale 75 Sale Sale 112% 123 124 22 22 1114 1254 37 94 114 ____ 128 ____ 8054 112 8054 3514 2014 714 43% 3014 17 87 38 1114 46454 1254 7814 125J£ Sale 2214 Sale Sale Sale 94)4 Sale 150)4 117 2114 3154 113 1454 114 45 10814 14 38% 98 16 65 61 104 115 Sale 5114 Sale 114 8714 62 10254 94 49 108 Sale 17% 72 97 29)4 30 10114 6914 125 90 8754 Sale 754 Sale Sale 115 143% 116 Sale Sale Sale 54)4 2054 22% 754 11% 30% 92 154 % Sale no 36 72% Sale 114% 63% Sale 31 Sale 20 Sale 6% Sale 39% Sale 26 Sale 14% Sale 89^ 35% Sale 9% Sale 55% Sale 9% Sale 77% Sale 128% 43 28 5354 Sale 82 89 93 62% 80 Sale 29 42 Sale 97 98 91% 20 3154 Sale 73 27% 3954 Sale 84 88 90 167 Sale 146% 11614 Sale 116 20% 61% 5514 57 106 110)4 108 214 222 132 232 238 12 13 Sale 110 105 39% 3614 Sale 58% 5614 Sale 34 7954 Sale 1,127 17,700 66,200 1,000 108,900 22,600 487,100 600 100 1195^ lift 37 48,300 36 78 4,400 73 RANGE SINCE JAN. I. PRICES IN APRIL. Sale Sale Sale Sale Sale Sale 85 95 160 Sale 24 Sale 123 Sale 116% Sale Sale 54 Sale 103 Sale Sale 64 105 Sale Sale Sale 35 Sale 69% 73 Ask. Highest. Sale Prices 62% Sale Sale Sale 3614 Sale 103J4 Sale 4714 Sale 5614 714 3114 3314 102 44It Apr. Apr. Apr. Apr. Apr. Apr. Sale 91 4614 149 11414 2114 31 91 4614 Sale 150 12314 22 % 3314 115 15% 115 35 108% % 3514 9914 1414 63 55 9914 115% Sale 5414 Sale % 61 68 Sale 95 Sale 47 114% 110 Sale 19 80 7214 36 30 101J4 155 153 42 1054 10 Sale 34 Sale 18 Sale 5614 Sale 12114 Sale 7514 Sale 7914 Sale 3714 Sale 714 Sale 4614 Sale 103 Sale 114 130 120 Sale 112 Sale 38% Sale 15 Sale 2354 Sale 37 Sale 75 Sale 79 Sale 106 25 2554 133% 129% 70 70% Sale 117% 109 112 Sale no 105 105 Sale 95% 117 116% Sale 3854 Sale 19 79 73 Sale 32 81 70 Sale 71 Sale 24 120 113 30% 32 Sale 24 Sale 55% Sale 28% Sale 18% Sale 73 Sale 115% 130 123 Sale 20% Sale 22% Sale 8% Sale 11% Sale 32% 95 96 Sale 1% 1 % Sale 115 Sale 35 Sale 77% 118 117 Sale 64 Sale 26% Sale 20% Sale 6% Sale 39% Sale 26 15 Sale 3554 Sale 5% Sale 54% Sale 9 Sale 84 Sale 130% Sale 42% Sale 25% 87% 75 Sale 6354 Sale 26 93 91 21% 16% 42 57 28 28 85 83 147 147 117 117 Sale 20 Sale 62 Sale Sale Sale Lowest. Sale Prices. April 30. Ask. Bid. Sale Sale 2314 Sale 123 Sale 117 Sale 109 Sale Sale 103 Sale 71 59 101 Sale Sale 68 96 Sale 11314 Sale 80 36 6214 1014 4214 3714 10414 5114 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 9214 46% 151 12354 24 3414 Apr. Apr. Apr. Apr. Apr. Apr. 1454 11514 31% 108 14 34% Apr. Apr. Apr. Apr. Apr. Apr. 1614 11514 45 111 1414 64% 57 98 Apr. Apr. Apr. Apr. 1614 64)4 65 107 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 1614 Apr. 78 Apr. 30 Apr. 54% 1% 66 94 4914 __ 19 78 33 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 155 4254 1114 3414 19 - 5814 1 125 81)4 80 3914 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr Apr Apr 3854 Apr. 5014 % 6214 94 43% 15214 4114 10 3114 1714 54% 121)4 75 7414 36 7 46% 93 114 12214 11114 3714 1314 2214 3314 81 75 no 105 24 26 133% 13014 70% 6814 Sale 105 101)4 118 102 111 10914 108 104 Sale 8814 116 Sale 34 19% 1814 80 74% 37 27 83 Sale 6414 24% 24 120 Sale 3014 Sale 2054 Sale 50)4 28% 2714 Sale 18 74% 6914 Sale 10814 125 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Feb. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 34 25 57 2954 20 7954 11614 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Sale 23 Sale Sale Sale 97 Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale 2054 2254 754 1154 2814 92 1)4 % 110 3414 7154 114)4 5814 2454 19 6)4 3714 2514 14 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 2114 23 10)4 12)4 33 11814 3714 .79 117 6514 3254 22 654 41 28 15 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 36 Sale Sale 9% Sale 132 Sale 26 80 Sale 26% 94% Sale 43 Sale 85 Sale 119 Sale Sale 3454 514 52)4 854 7654 12814 3914 23 7514 53 2514 91 1614 4414 26)4 84 138 116 18% 5914 108 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 3514 1014 60)4 9)4 87% 131)4 44 2854 81)4 6314 30 93)4 20% 52 28 84 150 11814 2254 6414 108 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 120 12 Apr. Apr. 139 13 Apr. Apr. 15514 Sale Sale 34% Sale Sale 123 76 Sale Sale Sale Sale 10714 116 130 117 Sale Sale Sale 37% 85 80 128 133 1254 Sale 4014 6054 37 84 1 30 1 15 24 15 4154 Sale Sale Sale 3814 58)4 32 84 Apr. Apr. Apr. Apr. Apr. Apr. 34 Apr. 3514 Sale 6914 7114 6914 Apr. 1 1 27 5 ‘ 1 6 19 8 14 12 13 6 17 13 16 Lowest. Sale 30 53)4 20 2r20 23 3254 21 10114 7 If*, 19 9014 : 30 46% 22 149 30 111 23 2114 26 25 11514 7 1414 20 114 3154 10714 14 10 34% 102 8 14)4 29 64)4 1 57 7 98 113 30 4954 6 6 61 4 1 9314 23 4254 __ 113 3 1514 27 7014 : 21 2914 • 100 8)4 Apr. 48% 107 11514 12814 117 39 15) 235 38) 81 8214 108 2654 13014 7054 11954 10614 10314 110)4 106 9614 117 3914 21)4 74% 3754 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Feb. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 7314 Apr. 2514 Apr. 42 6054 4054 85 Apr. Apr. Apr. Apr. 39 Apr. 7014 Apr. 34 56 2214 11614 27)4 2054 49)4 27 18 691 1075 1225 Jan. Mar. Mar. Mar. Mar. Mar. Mar. Apr. Apr. Mar. i Feb. 19 22)4 6 11 28 90 114 107* 34 6954 11214 58 2454 19 614 36 24 14 88 3454 5)4 652 854 74 126 39)4 23 7514 53 2514 91 16% 44% 2614 84 138 116 1654 5514 104% 208 120 1114 109 3614 5514 32 84 11214 3214 6914 Mar. Jan. Feb. Mar. Mar. Mar. Jan. Jan. Mar. Mar. Mar. Jan. Mar. Apr. Jan. Mar. Mar. Mar. Apr. Jan. Apr. Apr. Mar. Apr. Jan. Feb. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Jan. Mar. Jan. Mar. Mar. Apr. Mar. Jan. Jan. Jan. Apr. Apr. Jan. Mar. Mar. Highest. Sale Prices. 6654 1254 4654 4614 104% 6354 86 Feb. Feb. Feb. Jan. Apr. Jan. Jan. Jan. Apr. I 175 Jan. I 133 Jan. 29 Jan. 36% Feb. 125 Feb. 1914 Feb. 117 Feb. 66 Feb. 111 Apr. 54 Jan. 4754 Jan. 105 Jan. 2114 Feb. 7314 Feb. 7454 Feb. 126 Feb. 118 Feb. 5814 Feb. 2)4 Jan. 8214 Jan. 99% fan 82 fan. 11454 *eb. 3354 Jan. 9314 Feb. 168 4254 14 4114 2154 6954 126 94% 94 41 1114 5014 14014 11614 14314 117 4214 1954 2614 5814 117 121 lit 39 138 73)4 159 124 1*3% 112 107 106 11854 44% 2814 7814 5014 82 76)4 3214 28 60)4 33 2154 10614 13714 12414 , ■ ■ ■ 1 . ■ . . ■ : ■ : ■ • : 1 1 . ■ • 44% 83% 11954 82 3754 23)4 7% 5354 33% 1954 9114 38 1614 666 12% 9314 13114 64 57 9214 80 4254 97 34 7314 4014 8954 174% 118% 3854 65)4 110 227 238 14 111 44% 6054 84% 85 112% 4514 74 . . ■ . • . ■ , , 23 17 16 5 21 9 6 2 30 11 25 7 10 9 5 24 19 3 3 14 15 6 5 5 4 8 10 2 7 25 29 26 14 1 28 [Vol. 122. STOCKS—STOCK EXCHANGE RECORD STOCKS ». Y. STOCK EXCHANGE SALES TO MAY 1 In April Par Shares. 1,000 N Y Steam 1st pref__ no par 2,700 Wag Falls Fw Pfd, new. .25 NIagL.cKpA: Out row pf 100 235,300 North Amer’n when Iss__ 10 7.300 Preferred__ »_________ 50 North Amer Edison pt.no par 2.300 26,200 Norwalk T & Rub_____ Preferred_______________ 100 Nunnally Co (The)__ no par Oil Well Supply_________ 25 5,400 100 Preferred____________ 100 Omnibus Corp____________ nopar 55.400 400 Preferred____________ 100 500 Onyx Hosiery__________ nopar 1,100 Preferred____ _______ 100 4,300 Oppen’m, Coll & Co.no par 10.400 Orpheum Circuit Inc______ 1 400 Preferred_____________ 10 8,200 Otis Elevator___________ 50 300 Preferred____________ 100 Otis Steel______________ nopar 17,800 3,200 Preferred____________ 100 Outlet Co______________nopar 2,000 500 Preferred___________ 100 8,900 Owens Bottle___________ 25 300 Preferred.............. 100 2.800 Pacific Gas & Electric__ 100 Rights_________________ Pacific Mail SS...................... 5 83,500 Pacific Oil_________ no par Pacific Teleph & Teleg.,100 104,100 Packard... ____________ 10 29,500 Paige Det Mot Car_.no par 15,280 Pan-Amer Pet &Tr_____ 50 201,500 Class B stock_________ 50 46,100 Pan-Am West P B__ no par 62,300 Panhan Prod & Ref_.no par 2,200 Panhandle P & R, pref_.100 Parish & Bing, stpa_.no par 5.100 Park & Tilford_____ no par 10,000 Park Utah Cons Mines___ 1 25,600 Pathe Exchange "A”______ 13,200 Penick & Ford______no par 100 Preferred___ ._______ 100 100 Penney (J C) pref_____ 100 1.100 Penn Coal & Coke_______ 50 42.300 Penn-Seab Stvtc___ no par 4.700 People’s Gas L & Coke. .100 275,800 Philadelphia Co (Pitts)__ 50 700 Philadelphia Co pref____ 50 51.300 Phila & Read C & I. .no par 100 Certificates___________ nopar Phillips Jones Corp__ no par Preferred ____________ 100 11,100 Philip Morris & Co_____ 10 258,000 Phillips Petroleum__ no par 500 Phoenix Hosiery__ ..._____5 300 Preferred.___________ 100 162,500 Pierce-Arrow Mot C_.no par 39,500 Preferred.___________ 100 8,600 Pierce Oil Corp__________ 25 1.400 Preferred____________ 100 21,000 Pierce Petroleum____ no par 3.900 Pittsburgh Coal (ofPa)__100 2.400 Preferred..._________ 100 200 Pittsburgh Steel pref___ 100 2,500 Pitts Term Coal Receipts. 100 500 Preferred____________ 100 66,700 Pittsburgh Utilities, pref.. 10 7,300 Preferred certifs_______ 10 3,700 Preferred certifs, new___ 400 Porto Rico Am Tob____ 100 138,300 Postum Cereal New_.no par 2,100 Pressed Steel Car__ ____ 100 1.900 New------------------------- 100 1,000 Preferred .___________ 100 11,800 Producers & Ref Corp.__ 50 1,100 Preferred ; j.....______50 1,600 Pub Serv Corp of N J pf.100 45,400 New.,------------------- no par 7%..'____________ 100 3,800 200 6% preferred_________ 100 Rights .________________ 2,000, Pub Serv E & G, pref___100 800 Pub Serv Elec Pow, pf___ICO 194,100 Pullman Company______ 100 19.500 Punta Alegre Sugar______50 42,900 Pure Oll.n..:__ _________ 25 1,500 8% preferred_________ 100 Radio Corp of Amer. .no par Preferred ...._______ 50 Railway Steel Spring new 100 Preferred____________100 Rand Mines_____________ Ray Consol Copper____ 10 Reid Ice Cream____ no par Preferred___________ 10C Reis (Robt) & Co.__ no par 1st preferred_________ 100 Remington Typewriter ..100 1st preferred.................. 100 1st pref Series S______ 100 2d preferred_________ 100 Replogle Steel______ no par Republic Iron & Steel__ 100 Preferred____________ 100 Reynolds Spring Co. .no par Reynolds (R J) Rob Cl B.25 Rossia Insurance_______ 25 Royal Dutch Co N Y shs.100 St Joseph Lead___________ 10 Safety Cable___________ Savage Arms Corp______ 100 Schulte Retail Stores.no par Preferred____________ 100 Rights_________________ Seagrave___________ no par Sears Roebuck & Co____ 100 New____________ no par Seneca Copper new..no par ShattuckG (F )_____ no par Shell Transport & Trad. .£2 Shell Union Oil_____ mo par Preferred ................. ..100 Sherwin Williams pref__ 100 Shubert Theatre____ no par Simms Petroleum______ 10 Simmons Co________ no par Preferred___________ 100 Sinclair Con Oil Corp.no par Preferred____________ 100 Skelly Oil Co....................... 25 Sloss-Sheffield St'l & I.. 100 Preferred____________ 100 So Porto Rico Sugar.__ 100 Preferred . _______ . 100 Southern Dairies cl A.no par Class B no par a Ex-rights. 100,000 3,300 45.800 1,500 100 59,000 4,800 . 900 19.800 100 32.500 200 300 100 13.200 39.500 900 11,000 23,300 600 14.200 19.500 5,100 29.800 45,100 300 8,800 10,000 187,200 5,700 11.700 1,300 48,800 2,800 200 28.400 86.700 38.400 200 220,900 2,100 411,000 29.500 200 45,100 100 10,200 91.500 Since Jan. 1. Shares. Bid. 101 2814 107 65 4914 9514 1294 78 1614 3314 104 35 96 4994 29 100 12794 10394 1194 9014 5114 10014 63 94 ] 15 12914 1(144 4614 35 98 3614 94 114 26 514 4094 83 9794 15,600 59 2,900 85 1514 15 15 5,646 53 10614 6814 14.600 91 52,100 1714 4,800 34 5,200 10394 521,400 80 8,900 115 600 360,967 13.600 9714 10614 16794 109,400 39 3014 10614 4314 45 11814 3314 1214 5514 98 17 78 11614 10814 108 1514 5994 9294 914 9494 90 5614 4514 4894 9014 131 11394 1314 237 914 69 4814 2714 10214 5314 2894 54 107 24 92 3214 136 103 10814 106 April 1. Ash. Bid. 9914 Sale 2794 109 109 48 Sale Sale 49 94 Sale 9114 Sale 10 75 89 Sale 13 Sale 30 10494 105 16 9114 34 40 97 97 Sale 52 2914 2794 10294 102 Sale 11414 106 106 Sale 914 Sale 8814 52 4994 101 9714 5814 Sale 112 117 12914 120 20 7514 Sale 4114 26 7614 7794 46 594 55 2 2714 77 1894 100 10514 1414 2 119 6814 4794 4594 45 53 8214 500 239.800 26,100 . 1,600 32,900 1,000 238.800 1,700 800 3.800 77,300 245.600 7.800 60,100 206.800 28,500 120.900 101.500 69,000 289.600 558,390 4,500 3,001 42,000 320.600 243.600 29,100 68,810 5,900 453.800 8.800 300 84.200 478.800 213.800 700 1,508,000 17.200 769.500 122,300 1,000 119.900 900 15,800 174,700 RANGE SINCE JAN. I. PRICES IN APRIL. Jan 2 1925 As*. Sale 28 94 Sale Sale 92 Sale 86 14 31 10794 Sale Sale 36 Sale 54 Sale Sale Sale Sale Sale Sale Sale Sale 123 10 5314 Sale April 30. Bid. 102 28 109 48 94 50 9494 10 78 1394 30 94 10394 1494 90 33 94 95 5094 2994 104 11594 104 994 91 47 94 97 94 6094 115 12394 3394 1914 6194 6294 3694 894 68 Sale Sale Sale Sale Sale Sale 73 3594 1894 65 94 6694 39 94 14 8494 Sale 2094 7 5594 1814 101 10694 1114 194 120 66 4914 3794 37 45 8114 1614 4214 33 94 27 8814 1 94 22 414 3214 7114 94 4414 85 16 16 1594 6814 83 54 3614 83 1214 31 11714 7614 10514 96 Sale Sale Sale Sale 104 20 94 694 50 94 2094 102 94 10694 1094 1 94 120 74 94 4894 39 94 38 48 7994 1794 45 94 32 98 25 94 8894 1 94 19 494 33 73 94 94 43 82'94 1994 1994 19 94 69 8494 16 214 Sale Sale 4894 Sale 46 59 87 Sale 3614 9914 Sale Sale Sale Sale Sale Sale 84 Sale 60 88 Sale 1514 1514 63 Sale Sale Sale 38 105 Sale 116 9814 9794 107 109 Sale 15294 Sale 37 Sale 2694 107 10794 Sale 35 46 4514 6214 12014 11614 3414 3314 Sale 1114 58 47 100 9514 Sale 1094 88 76 Sale 102 Sale 10514 10594 Sale 105 Sale 994 Sale 5114 Sale 9194 Sale 614 Sale 92 9494 88 Sale 5194 Sale 4014 Sale 4494 Sale 81 Sale 4514 Sale 112 Sale Sale Sale Sale Sale Sale Sale Highest. Lowest. Lowest. Sale Prices. Sale Prices 9994 Apr. 13 103 Apr. 28 2794 Apr. 6 2894 Apr. 13 45 4994 9194 994 1394 3094 10494 1494 9094 34 95 5194 2794 103 112 104 9 8894 4694 9794 58 115 12394 11994 5694 Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale As*. 10294 2894 Sale Sale 95 Sale 83 1494 Sale 10694 Sale 93 3594 Sale 5294 Sale 105 11794 10594 Sale 9294 49 9894 Sale Apr. 13 5094 Apr. 1 50 Apr. 5 95 Apr. 13 12 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 5294 Apr. 33 1894 6094 61 36 794 70 Apr. Apr. Apr. Apr. Apr. Apr. Apr. 12 26 28 30 14 13 17 21 1 3 15 22 12 1 21 1 13 21 12 1394 32 10494 1894 9194 34 94 97 54 94 3094 105 11794 106 1094 9894 52 9894 6194 115 12394 Apr. 26 Apr. 5 Apr. 24 Apr. 8 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 12 24 28 6 1 8 1 6 9 21 29 1 6 7 5 10 6 21 28 1 5694 Apr. 30 15 30 15 15 9 6 29 3794 2194 6694 6794 4094 1494 8594 Apr. Apr. Apr. Apr. Apr. Apr. Apr. 7 7 24 30 23 30 30 2194 1994 Apr. 13 22 694 6 Apr. 24 7 Sale 47 Apr. 20 56 94 Sale 1894 Apr. 1 2194 102 97 Anr. 22 10214 10694 Apr. 22 10694 12 Sale 1094 Apr. 7 1094 Sale Sale 194 Apr. 1 194 Sale 121 118 Apr. 12 12294 Sale Sale 65 Apr. 1 7694 5094 4994 4894 Apr. 17 50 Sale Sale 3694 Apr. 14 4294 40 41 41 Apr. 24 41 52 5394 85 88 1894 16 Apr. 3 1994 Sale Sale 41 94 Apr. 15 4594 36 33 Apr. 12 35 36 98 95 Apr. 8 95 100 Sale Sale 2194 Apr. 15 2794 Sale Sale 7694 Apr. 15 9294 Sale Sale 1 Apr. 23 194 Sale 19 Apr. 30 2194 2494 Sale Sale 494 Apr. 21 4 94 Sale Sale 32 Apr. 12 3394 Sale 7194 Apr. 1 7294 76 98 98 96 Apr. 15 9694 Sale 46 4094 Apr. 13 4794 Sale 8694 83 Apr. 14 85 Sale Sale 16 Apr. 1 1994 Sale Sale 16 Apr. 1 1994 17 17 Apr. 3 1994 20 74 6994 Apr. 15 71 68J4 Sale Sale 7994 Apr. 12 87 94 55 56 94 3894 38 94 Sale 3894 85 87 88 8494 Apr. 19 8794 Sale 1194 Apr. 14 14 1394 Sale 32 32 Sale 31 Apr. 26 33 Sale 120 Sale 117 Apr. 5 120 Sale 7394 Apr. 15 81 8094 Sale Sale 106 Sale 104 94 Apr. 6 10894 9694 97 9994 9694 Apr. 7 98 98 100 10094 9794 Apr. 7 9994 111 10994 11094 108 Apr. 12 110 Sale 170 Sale 14994 Apr. 1 17494 Sale 33 Apr. 14 3794 3694 Sale Sale 2794 Sale 2594 Apr. 13 28 Sale 107 108 106 Apr. 14 108 Apr. Apr. Apr. Apr. A nr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 7 1 6 29 22 22 29 1 6 8 8 24 24 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 7 30 6 8 7 26 1 12 1 29 9 24 1 1 8 8 28 27 6 3 23 29 30 30 30 30 19 7 Apr. Apr. Apr. Apr. Apr. Apr. 27 21 29 3 29 8 12 3894 Apr. 5 4694 Apr. 6694 Apr. 9 11794 Apr. 30 3294 Apr. 1 12 94 Apr. 16 5194 Apr. 5 99 Apr. 1 14 94 Apr. 23 83 Apr, 20 102 Apr. 21 108 Apr. 21 108 Apr. 1 105 Apr. 16 1094 Apr. 15 5294 Apr. 1 9494 Apr. 23 694 Apr. 15 9494 Apr. 28 89 94 Apr. 20 5294 Apr. 13 4094 Apr. 1 49 Apr. 9 82 Apr. 29 49 Apr. 16 116 Apr. 23 7 23 23 30 13 7 10 23 23 1 23 23 1 3 7 24 28 27 9 24 7 28 24 30 24 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr, Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr Apr. 29 1 26 7 23 1 23 22 9 29 24 5 9 23 26 29 29 28 6 16 10 7 Sale 4594 Sale Sale 34 Sale 48 9794 Sale 85 Sale 110 108 Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale 11694 Sale 1314 Sale Sale 190 49 Sale 5 Sale 994 70 52 Sale 4914 4394 Sale Sale 2414 Sale 105 10394 Sale 105 Sale 54 Sale Sale 2194 Sale Sale 4514 Sale 110 10814 110 Sale 21 Sale 94 9294 Sale Sale 2914 Sale Sale 111 Sale 105 100 105 Sale 117 Sale 11414 110 11794 4614 47 94 27 Sale 3594 45 94 6494 11694 3294 1294 48 94 9894 1394 80 96 108 107 107 994 49 9? 93 694 94 94 87 5294 38 94 49 7794 48 94 11594 Sale 3394 Apr. 4694 45 Apr. 11794 115 Apr. Sale 3294 Apr. Sale 1194 Apr. Sale 4794 Apr. 99 9794 Apr. Sale 10 Apr. 88 83 Apr. Sale 8394 Apr. 109 106 Apr. 10794 Apr. 109 105 Apr. Sale 9 Apr. Sale 4794 Apr. 94 9194 Apr. 7 6 Apr. Sale 9194 Apr. 90 8694 Apr. Sale 5094 Apr. Sale 37 94 Apr. Sale 44 94 Apr. 7994 74 Apr. Sale 4294 Apr. 11794 11494 Apr. 1394 Sale 4894 5 94 5694 4294 2594 10594 10694 6194 21 4194 10894 22 93 3594 114 100 10394 112 47 1294 Apr. Sale 5 Apr. Sale 5194 Apr. 4394 4294 Apr. Sale 2494 Apr. Sale 10394 Apr. 107 Apr. Sale 5394 Apr. Sale 2094 Apr. Sale 3994 Apr. 110 10894 Apr. Sale 1994 Apr. 95 91 Apr. Sale 2994 Apr. Sale 103 Apr. 105 103 94 Apr. Sale 92 Apr. 114 114 Apr. 3094 Sale 2594 Apr. 3 1494 19294 4994 1 6 5 5894 22 4394 1 2594 3 107 27 108 13 63 13 23 28 4594 9 10894 13 2294 5 94 94 1 3694 12 11594 16 104 15 128 16 114 52 1 3194 Highest. Sale Prices. Sale Prices. 9994 Apr. IS 103 Apr. 28 2794 Mar. 31 2894 Jan. 22 109 Jan. 21 10917 Mar. 30 42 Mar. 30 67 " Jan. 14 -49 Jan.. 2 5094 Jan. 11 9194 Mar. 31 95 94 Jan. 2 994 Mar. 3C 15 94 Jan. 14 80 89 1394 Mar. 1 1794 Jan. 11 3094 Apr. 26 36 Feb. 5 10494 Apr. 28 107 Feb. 19 14 97 Mar. 3C 22 94 Feb. 23 9094 Apr. 14 9894 Feb. 6 3194 Peb. 2 36 Jan. 12 95 Apr. 17 99 Jan. 12 47 Jan. 12 6094 Mar. 11 27 94 Mar. 25 3094 Apr. 9 105 Apr. 21 101 11094 Mar. 30,12994 Feb. 5 10294 Jan. 13 107 Feb. 8 9 Mar. 29 1494 Jan. 19 8794 Mar. 30 10794 Feb. 17 46 94 Apr. 21 52 Apr. 5 97 94 Apr. 1 10194 Jan. 16 5394 Mar. 29 6894 Feb. 8 112 Mar. 30 11594 Feb. 8 118 Mar. 31 132 94 Jan. 29 194 Mar. 30 294 Feb. 18 10 Mar. 17 10 Mar. 17 x5194 Mar. 31 8394 Feb. 13 117 Jan. 16 117 Jan. 16 3194 Mar. 31 4394 Jan. 4 1894 Mar. 31 2894 Jan. 4 56 94 Mar. 31 76 94 Jan. 2 5694 Mar. 31 7894 Jan. 4 2 34 Mar. 1 46 Jan 494 Jan. 21 1494 Apr. 30 51 Jan. 19 8594 Apr. 30 2 Jan. 4 1994 Apr. 13 2894 Jan. 4 6 Apr. 24 894 Feb. 5 47 Apr. 20 83 Jan. 7 1694 Jan. 28 2194 Apr. 29 100 Jan. 6 10294 Apr. 22 105 Jan. 8 10697 Anr. 22 , 1094 Mar. 30 17 Feb. 8 • 194 Apr. 1 294 Jan. 4 117 Jan. 4 130 Feb. 11 5994 Mar. 2 7694 Apr. 8 4794 Jan. 4 5094 Mar. 30 3694 Apr. 14 4894 Feb. 13 3894 Mar. 8 4694 Jan. 11 50 Mar. 30 559-4 Jan. 29 82 Feb. 3 83 Mar. 29 16 Apr. 3 2094 Feb. 23 40 Mar. 30 49 94 Feb. 13 31 Mar. 30 4494 Jan. 9 94 Mar. 25 99 94 Jan. 21 2194 Apr. 15 43 94 Jan. 9 7694 Apr. 15 10894 Jan. 11 1 Mar. 30 194 Jan. 30 19 Apr. 30 27 94 Jan. 30 494 Apr. 21 7 Jan. 30 3194 Mar. 20 4294 Jan. 5 71 Mar. 25 85 Jan. 5 94 Mar. 29 98 Feb. 1 40 Mar. 29 63 94 Jan. 9 83 Mar. 26 92 94 Feb. 5 1494 Mar. 3 19 94 Apr. 8 15 Mar. 20 1994 Apr. 8 15 Jan. 22 1994 Apr. 28 60 Jan. 5 8194 Jan. 15 7594 Mar. 30 12494 Feb. 3 5194 Mar. 24 7994 Jan. 7 3494 Apr. 15 4194 Mar. 19 82 Mar. 4 9594 Jan. 7 11 Mar. 29 17 94 Jan. 2 31 Mar. 29 35 Feb. 11 115 Mar. 2 120 Apr. 30 72 Mar. 2 9294 Jan. 19 103 94 Jan. 12 10894 Apr. 19 9694 Apr. 7 100 94 Jan. 25 Jan. 28 1-64 Mar. 24 1 97 Jan. 22 9994 Mar. 3 106 Jan. 18 no Mar. 29 14594 Mar. 31 17494 Apr. 29 33 Apr. 14 47 Feb. 4 Jan. 4 2594 Apr. 13 31 106 Apr. 14 11194 Feb. 27 32 44 94 53 94 115 32 94 1094 4694 9594 994 77 8394 106 10594 105 9 4594 91 94 594 90 86 50 37 '94 42 94 73 a4294 11294 7294 1294 17694 44 94 5 47 42 94 24 103 107 52 19 94 39 94 107)4 1994 90 2694 103 10094 92 113 43 22 Mar. 30 4694 Mar. 31 4794 Mar. 1 6894 Apr. 9 123 Apr. 30 3494 Mar. 3 12)4 Mar. 30 56 Mar. 30 100 Mar. 31 1894 Mar. 20 83 Apr. 20 127 Apr. 21 10894 Mar. 29 108 Apr. 1 111 Mar. 31 15 94 Mar. 30 6394 Mar. 30 95 Feb. 24 1094 Mar. 30 98 94 Mar. 2 100 Mar. 3 5794 Apr. 13 4894 Mar. 31 54 Mar. 31 10294 Mar. 30 13894 Jan. 6 118 Mar. 6 81 Mar. 3 1494 Mar. 29 241 94 Mar. 29 4994 Mar. 31 10)4 Mar. 30 6954 Apr. 22 4894 Mar. 3 2894 Mar. 3 107 Mar. 18 108 Mar. 4 63 Mar. 30 2894 Apr. 28 5494 Jan. 29 109 Apr. 13 24 94 Mar. 30 95 Mar. 30 3694 Apr. 12 13694 Jan. 18 104 Apr. 15 147 94 Jan. 811794 52 Mar. 31 3594 Jan. 12 Feb. 1 Mar. 10 Feb. 20 Feb. 5 Feb. 9 Jan. 4 Jan. 4 Feb. 23 Apr. 23 Feb. 3 Mar. 10 Apr. 23 Jan. 5 Jan. 4 Jan. 7 Feb. 3 Jan. 5 Jan. 5 Jan. 20 Jan. 9 Feb. 10 Jan. 14 Feb. 10 Jan. 23 Jan. 12 Jan. 28 Mar. 12 Jan. 4 Anr. 26 Jan. 4 Jan. 4 Jan. 4 Jan. 4 Apr. 22 Apr. 9 Apr. 29 Jan. 2 Jan. 4 Jan. 14 Feb. 23 Jan. 29 Apr. 29 Jan. 4 Apr. 28 Feb. 2 Feb. 8 Apr. 10 Mar. 11 May, 1926.] STOCKS—STOCK EXCHANGE RECORD SALES TO MAY 29 PRICES IN APRIL. RANGE SINCE JAN. 1. Price about Jan. 2 Lowest. April 1. Lowest. Hiohest. Highest. April 30. 1925. Shares. Ask. Rid Ask Sale Prices. Sale Prices Sale Prices. Par Shares. Ask. Rid. Bid. Sale Prices 900 101 200 101% 105 103% 103% Apr. 15 103% Apr. 15 101 Spalding 1st pref_ 105 Mar. 3 100 105 3,800 200 12% Apr. 14 14 Apr. 3 12% Anr. 14 17% Feb. 19 Spear & Go 13 13% 14% 12 5,700 81% 82% 73% 74 700 72 Sale 72 Apr. 30 74% Apr. 10 72 Anr. 30 82% Jan. 13 " Preferred _______ ...loe 198,500 27% Sale 39,900 22% Sale 18% Apr. 19 23% Apr. 8 18% Apr. 19 31% Feb. 6 22 Sale Spicer Mfg Co______ no par ________ __ 700 96 Preferred 101 Jan. 12 105 100 99% 100% 100 % 102 103 175,100 715,600 55 % Sale 51% Apr. 19 58 Apr. 5 51 Mar. 2 69 Feb. 8 54% Sale 54% Sale Standard Gas & Elec. no par 9,100 19,100 53% 54 Apr. 1 56 Apr. 6 53% Mar. 30 57% Feb. 9 54 Sale Preferred________ ___ 50 55% Saie 4,900 72,800 85 Sale 72 70 Apr. 19 74% Apr. 6 68% Mar. 30 92% Feb. 4 70 Standard Milling.__ ...100 71% Sale 10,200 85 100 82 83% Apr. 13 83% Apr. 13 80 Mar. 2 90 Feb. 5 85 86 86 Preferred________ ...100 87 712,000 62 Sale 76,500 52% Apr. 15 56% Apr. 29 52% Mar. 31 62% Jan. 2 54 Sale 55% Sale Standard Oil of Calif. 25 282,400 1,115,300 46% Sale 42% Sale 45 Sale 40% Apr. 13 45% Apr. 30 40% Mar. 3 46 % Jan. 2 Standard Oil of N J._ ....25 49,487 116% Sale 117% Sale 118% Sale 117% Apr. 6 118% Apr. 29 116% Feb. 25 118% Apr. 29 11,587 Preferred _____ ___ ...100 60,400 4,300 6% 7 6% Apr. 20 7% Apr. 1 6% Jan. 2 10% Fob. 10 Stand Plate Glass ctfs. no par 7% Sale 7 Sale 200 Preferred 45 Feb. 9 45 Feh Q 100 30 50 20 50 11,600 50,600 83 Sale 77% Apr. 1 84% Apr. 10 75 Mar. 27 88% Jan. 7 Sterling Products___ no par 77% Sale 79% 80 370,900 91% Sale 106,100 72% Apr. 20 79 Apr. 26 70% Mar. 30 92% Jan. 2 86% Sale 75% Sale Stewart Warn Corp.. no par 3,400 20,300 74% 78% 66 Sale 64 Apr. 22 68% Apr. 66 64 Apr. 22 77% Jan. 4 65 Sale Stromberg Carburet.. no par 800,210 120 124 2’0 115 118 117 123 115 Apr. 6 119 Apr. 28 114% Feb. 23 121 Studebaker Corp, prei ...100 Feb. 1 248,100 1,185,600 57% Sale 49% Apr. 15 54% Apr. 7 49% Apr. 15 61% Feb. 23 53% Sale 52 % Sale New________ ___ no par 22,400 98,40^ 2 Sale 2% Sale 1% Apr. 13 2% Apr. 30 1% Apr. 13 3% Feb. 1 Submar Boat Corp__ no par 3% Sale 8,300 47,900 40% 41 30% Apr. 15 33% Apr. 8 30% Mar. 30 41% Jan. 4 32 Sale 33% Sale Sun Oil____________ no par 85,900 12,100 2% Sale 2% Apr. 14 3 Apr. 1 2% Apr. 14 4% Jan. 8 Superior Oil________ no par 2% Sale 3% Sale Sunerior Steel 3,800 24 19% Apr. 12 27 Apr. 29 19% Anr. 12 27 Apr. 29 2,400 25% Sale 19% 21 28 2,000 4,700 13 8% 9% 9 9% 8% Apr. 13 12% Apr. 27 Sweets Co of America new 50 14% 8% Apr. 13 13 Jan. 7 56,500 13% Sale 12 7,300 11 8% Apr. 1 9% Apr. 28 Symington temp ctfs. no par 8% Sale 7% Mar. 3 14% Jan. 4 31,700 20% Sale 3,600 16% Apr. 1 19% Apr. 1 16% Mar. 31 20% Feb. 4 16% Sale 17% Sale Class A__ __ ___ no par 6,500 13% 14 12% 11 12% 11 Apr. 5 11% Apr. 23 11 Apr. 5 14% Jan. 19 1,100 11 Telautogr Corp ctfs. no par 11% Apr. 15 12% Apr. 7 10% Mar. 31 16 Feb. 5 18,400 189,600 14% Sale 12% Sale Tenn Cop & Chem__ no par 11% Sale 647,300 54% Sale 100,100 49% Saie Texas Company (The)__ 25 51% Sale 49% Apr. 15 52% Apr. 26 48 Mar. 30 54% Jan. 2 619,300 122% Sale 132 Sale 135% Sale 128 Apr. 15 137% Apr. 29 119% Jan. 12 142% Feb. 19 86,400 Texas Gulf Sulphur. _ ___ 10 48,000 369,000 17% Sale 12H Apr. 15 15% Apr. 30 12% Mar. 2 19% Jan. 7 14 Sale Tex Pacific Coal & Oil ___ 10 14% Sale 526 2,177 600 650 525 640 770 Sale 601 Apr. 9 780 Apr. 30 510 Mar. 19 785 Jan. 12 Texas Pacific Land Tr.-lOO 42>£ Apr. 16 44 Apr. 6 42% Mar. 30 47% Feb. 25 2,400 8,400 43% Sale 45 Thompson (JR).__ ... 25 43 32 Sale 30% Apr. 12 32% Apr. 23 30% Apr. 12 39% Jan. 25 10,800 439,700 35% Sale 31% Sale Tidewater Oil New__ no par 91% Apr. 1 94 Apr. 26 90 Mar. 31 103 Jan. 25 1,600 63,800 99% Saie 91% Sale 92 93 Preferred________ ...100 207,600 54% Sale 48 Apr. 13 51% Apr. 24 44% Mar. 3 56% Feb. 10 20,900 49% Sale Timken Roller Bear.. no par 50% Sale 95% Apr. 12 101% Apr. 6 95% Apr. 12 110% Feb. 23 102,700 763,500 96% Sale Tobacco Prod Corp.. ...100 99 Saie 99% Sale 68,500 107 10,000 Temp ctfs Class A. ...100 108% 106% Sale 107% 108% 105 Apr. 15 108% Apr .26 103 Mar. 3 113 Feb. 20 345,900 3% Apr. 1 4% Apr. 22 3 Mar. 4 4% Jan. 4 217,700 Transcon Oii ctfs___ no par 4% Sale 3% Sale 3% Sale 25% Mar. 23 27 1,300 25% 27 24 Tran & Williams Steel.no par 25% 23 23 53% Apr. 15 55% Apr. 5 51% Mar. 30 63% Jan. 7 96,400 56% Sale 55 Sale 53% Sale 5,500 Underwood Typewriter__ 25 121 Preferred 400 121 Mar. 16 123 100 119% 119% 123 38% Sale 36 Apr. 15 41 Apr. 7 36 Mar. 30 71 % Jan. 5 221,400 66 Sale 38 Sale Union Bag & Paper. . ...100 12,400 81% Sale 79% Apr. 3 83% Apr. 6 77% Mar. 29 86% 153,785 79% Sale Union Carbide & Car 46,500 860,200 41% Sale 45% Sale 43% Sale 40% Apr. 8 46% Apr. 1 37% Jan. 20 49% Mar. 27 Union Oil, California. ___ 25 192,000 90% Sale 86% Apr. 15 90% Apr. 30 84% Mar. 31 94 Jan. 15 Union Tank Car____ — .100 8.600 26,445 92 Sale 87 Sale 3,400 115 116 115% Sale 115% 115% 115% Apr. 27 115% Apr. 27 113% Feb. 24 116% Feb. 8 Preferred ______ ...100 1,100 139,200 28% 28% 29% Sale 29 % Sale 29 Apr. 20 30% Apr. 14 25% Jan. 21 31 % Mar. 17 United Alloy Steel___ no par 14,800 90% Sale 85% Apr. 12 94 Apr. 6 83% Feb. 4 99% Mar. 12 615,000 93% Sale 91% Sale 50,300 United Cigar Stores.. ----- 25 2,700 115 116% 120 120 Sale 119 Apr. 14 120 Apr. 22 114% Mar. 4 121 Preferred _ .___ . ...IOO 1,100 270,600 157% Sale 141% Sale 146 Sale 135% Apr. 12 147% Apr. 29 134 Mar. 30 167 Feb. 4 United Drug_______ ...10 39,400 56% Apr. 20 57% Apr. 27 55% Mar. 5 57% Mar. 22 58 1,800 55% 56 56% 57 1,600 57 1st preferred_____ ___ 5 United Dvewood 12 12 10 Mar. J7 12 Jan. 11 700 12 10 13 9Q7 TPeh 1 A United Fruit 257 10 624,200 235 238 236 6 900 Nftw 108 Sale 98 Apr. 15 114% Apr. 23 98 Apr. 15 114% Ad/ 23 13,800 13,800 26% 25 Apr. 3 26% Aprl 6 23 Mar. 30 38% Mar. 2 1,400 12,900 31% 32% 23% 25% 22 United Paperboard Co.. 100 91 Apr. 8 91% Apr. 28 90 Mar. 8 95 Jan. 6 95 95 91 91 400 2,200 93 Universal Pic, 1st rel ...100 95 14 Apr. 3 20 Apr. 26 13% Mar. 31 28% Jan. 5 17 Sale 17% Sale 282,100 28 Sale 50,200 Universal Pipe______ no par 62% Sale 60% 63% 56 Apr. 15 64% Apr. 3 52 Mar. 30 78% Jan. 5 8,600 30,200 77 Sale Preferred ________ ...100 32,500 135,200 207% Sale 168% Sale 170 Sale 159 Apr. 15 177% Apr. 23 158% Mar. 30 210% Jan. 4 U S Cast Iron Pipe & F. .100 102 102 Sale 101 Apr. 15 102 Apr. 23 100% Mar. 8 104 Feb. 2 101 1,500 12,000 100% 101 Preferred________ ...100 42% Sale 52% Sale 42% Apr. 1 54% Apr. 19 39 Mar. 30 61% Feb. 13 U S Distrib Corp____ no par 122,400 390,500 56% Sale 3% Apr. 19 3% Apr. 19 3% Mar. 6 4 Jan. 12 3% 4% 3% 4 1,500 U S Express________ ...100 1,100 4 4% 49% Apr. 1 54% Apr. 28 45% Jan. 2 59% Feb. 4 49% Sale 54% Sale 110,700 46% Sale U 8 Hoffman Mach _. no par 17,000 47% Apr. 16 55% Apr. 23 45% Mar. 30 75% Jan. 13 48 Sale 52 Sale 229,500 74 Sale U S Indus Alcohol__ ...100 36,700 99% 101% 100 101% 99% Apr. 22 101% Apr. 23 99% Apr. 22 104% Jan. 13 5,000 101% 105 Preferred . _ ___ ...100 1,300 52% Apr. 13 57 Apr. 23 48% Mar. 29 71% Jan. 4 53% Sale 193,300 68% Sale 56% Sale 26,600 U S Realty & Improvt new 62% Sale 58% Apr. 20 70% Apr. 7 58% Apr. 20 88% Jan. 23 66% Sale U 8 Rubber. ______ ...100 364,500 1,778,500 80% Sale 103% Sale 104% 105 102% Apr. 20 106% Apr. 24 101% Mar. 30 109 Jan. 19 26,915 107 108 1st preferred.___ ...100 7,315 Sale 36% Apr. 21 43% Apr. 6 36% Apr. 21 49% Jan. 2 41 39% Sale U S Smelt Refg & Mg ___ 50 14,200 73,400 49% Sale 48% Sale 10,700 49% Sale 48% Sale 47% Apr. 9 48% Apr. 20 47% Apr. 9 50 Jan. 4 Preferred________ ___ 50 2,500 United States Steel.. ...100 884,200 2,999,800 136% Sale 121% Sale 123% Sale 117 Apr. 15 124% Apr. 29 117 Apr. 15 138% Jan. 4 15,400 126% Sale 125% Sale 128 Sale 125% Apr. 1 129 Apr. 28 124% Mar. 3 129 Apr. 28 Preferred________ ...100 12,200 57% Apr. 23 60 Apr. 22 56% Jan. 4 63 Feb. 19 58 59% 57 % 61 9,800 56% 58 U S Tobacco_______ no par 700 112% Apr. 1 112% Apr. 1 112 Mar. 19 114% Feb. 26 Preferred 900 114 112% Sale 114 100 100 93 Apr. 1 99% Apr. 23 93 Apr. 1 105 Feb. 11 Utah Copper 93 Sale io 3,300 98 110 1,300 28% Apr. 20 32% Apr. 26 28% Mar. 31 37 Feh. 15 31% Sale 29 Sale Utilities P & LA___ no par 77,700 34% Sale 8,400 29% Apr. 1 27% Apr. 14 29 Mar. 3 37% Apr. 14 29% Sale 35% Sale Vanadium Corp____ no par 61,300 118,050 31% Sale 12% Apr. 20 15% Apr. 13 12% Apr. 20 22 Feb. 8 15% 17 13% 15 2,900 18% 20 VanRaalte.. _____ no par 600 68% Apr .24 68% Apr. 24 68% Mar. 4 75 Feb. 11 69 68 700 70% 75% 68% 73 1st preferred..__ ...100 100 44% Apr. 15 47% Apr. 6 44% Apr. 15 51 % Feb. 11 45 46 23,800 45% 46 Vick Chemical ctfs 3,000 1 % Apr. 28 1% Apr. 7 4,800 1% Va-Caro Chemical.. no par 1,500 1% % % Feb. 26 1% Jan. 15 1% Sale 15% Apr. 30 19% Apr. 7 15% Apr. 30 25% Feb. 3 15% Sale New w i____ __ no par 153,400 19% Sale 14,000 17% Sale 1 Apr. 15 1 % Apr. 7 1 1 Mar. 24 1% Feb. 19 8,600 1 % 1% Certificates_______ 1,400 1% 1% inn 11 8 Feh. 3 500 7% 9 7% 8% 10 Jan. 30 11 Preferred certificates 7% 9 7% 8% 8 Apr. 29 9 Apr. 6; 6% Mar. 24 11% Jan. 7 10,100 9% Sale 2,500 1 Apr. 13 1 Apr. 13 1 1 1 Apr. 13 1% Jan. 8 Class B_ _______ 1 300 200 1% 1% % R certificates 1 1 1 Mar. 22 1% 1,400 1% 1% 1% % 94 94% 93% Apr. 5 96% Apr. 6 92% Mar. 18 98% Jan. 6 93% Sale 29,600 95% Sale 7% preferred new w i .100 6,700 54 Apr. 28 60% Apr. 7 52% Mar. 31 69 Jan. 4 54 Sale 55 Sale 80,900 63% Sale 13,100 6 % preferred w i . ...100 50 45 Sale 45 Apr. 29 47% Apr. 16 41 Jan. 12 49% Mar. 23 45 Va Iron Coal & Coke. ...100 45 900 4,600 42 Preferred inn 80 85 75 73% Mar. 3 75 100 73 79% 73 27 Apr. 20 29% Apr. 1 26 Mar. 30 32% Feb. 10 28% Sale 29 Sale 108,900 19 900 inn 97 Apr. 1 100 Apr. 7 94 3% Jan. 29 103 % F^h. 10 97 Sale 97 101 5,965 900 88 Apr. 16 88 Apr. 16 88 Apr. 16 95 Mar. 23 85 95 88% 95 200 96 104 Vulcan Detlnning. pref. .100 100 17% Apr. 13 18% Apr. 28 17 Jan. 12 19% Feb. 11 18% Sale Waldorf System___ no par 92,800 17% 17% 17% Sale 8,000 16 Apr. 21 20% Apr. 3 16 Apr. 21 23% Jan. 27 19% Sale 17% Sale Walworth Co. ___ .no par 4,500 38,100 21% 23 2,100 12,300 195 Sale 108 Sale 100 110 100 Apr. 23 112 Apr. 6 100 Apr. 23 195 Jan. 2 Ward Baking Class A .no par 25% Apr. 20 36% Apr. 3 25% Apr. 20 85% Feb. 1 33% Sale 29% Sale Class B. _______ .no par 101,400 1,621,400 84% Sale 90 Apr. 15 95% Apr. 5 90 Apr. 15 110% Jan. 15 93 Sale Preferred . . . __ ...100 29,800 108% 110% 94 Sale 12,400 14% Sale 12% Apr. 12 15% Apr. 29 12% Apr. 12 18% Jan. 6 14 Sale 86,900 18 Sale Warner Bros Pic A__ ----- 10 18,300 43% Apr. 15 46 Apr. 14 43% Apr. 15 50% Feb. 18 44 47 45% 48 Warren Broj_______ -no par 11,440 46% 48 500 58 Sale 53 53% 53 Apr. 20 59 Apr. 6 53 Apr. 20 85% Jan. 13 Weber & Heilbron'r .aewnovar 13,200 74,160 80% Sale 4 5 4% 4% 4% Apr. 12 4% Apr. 12 Wells Fargo & Co.__ ____ 1 700 3% 4% 3H Jan. 22 4% Apr. 12 200 90 Apr. 3 92 Apr. 27 88% Jan. 6 97 90 91 91% 92 West Penn El Co A ctfs no par 13,300 Feb. 11 1 600 Preferred certificates 1 HO 97 97% 95% 97% 96% Apr. 27 98 Apr. 20 9614 Anr. 27 100% Feb. 19 4,700 ’300 108 112 108 109 108 Apr. 6 109% Apr. 27 108 Mar. 25 112 Jan. 16 West Penn Pow pref. ...100 2,100 107 112 300 96 Apr. 7 96 Apr. 7 95 95 97 94 96 6% preferred 500 100 97 Mar. 17 200 Western Union Teleg. ...100 75,000 135% Sale 135% Sale 143 Sale 135% Apr. 1 143% Apr. 30 134% Mar. 30 147% Feb. 4 10,800 Westinghouse Air Brake..50 17,200 141,100 123% Sale 110% Sale 113% Sale 107% Apr. 15 115% Apr. 24 105% Mar. 31 128% Feb. 9 66% Apr. 15 70 Apr. 7 65% Mar. 31 79% Feb. 10 67 % Sale 68 Sale 490,450 74% Sale Westinghouse El & Mfg. .50 54,900 81 80 AO 100 1 100 80 80 Feh 5 84 15% Sale 15 Apr. 5 16% Apr. 7 13% Mar. 31 19 Feb. 16 15% Sale Westing’se Elec Instr no par 71,500 17% Sale 6,400 29 30 28% Apr. 5 29% Apr. 21 27% Jan. 4 31 % Feb. 24 29% Sale Class A. .no par 800 20,500 28 Sale 25% Apr. 20 27% Apr. 29 25% Apr. 20 29% Feb, 10 26% Sale 27% Sale White Eagle Oil & R. no par 21,200 94,800 28% Sale 64% Sale 51% Apr. 15 66% Apr. 1 51% Apr. 15 90 Feb. 13 56 Sale White Motor_______ ___ 50 160,600 680,700 83 Sale % Apr. 9 2% Apr. 1 Rights 2 Sale 60 305 162 830 % Apr. 9 6% Feb. 11 29 29% 27% Apr. 17 31% Apr. 7 26 Mar. 27 38% Feb. 7 6^00 4L000 35% 36% 28% Sale White Rk M Spr.ctfs. no par 2 Sale 1 % Apr. 29 2 Apr. 1 2% Sale 1% Sale Wickwire-Spen Stl Ctf no par 10,000 55,200 1% Apr. 29 3% Jan. 3 22% Apr. 5 26 Apr. 10 21 Mar. 25 34 Jan. 6 23% Sale 23% Sale Wiilys-Overland____ ____ 5 505,200 2,360,000 31% Sale 94% Apr. 28 96% Apr. 5 91% Jan. 19 99 Feb. 4 95% Sale 95 Sale New preferred____ ...100 6,500 87,100 94% Sale fiU Feh 14 Wilson & Co nc v to 3 Apr. 21 300 2 400 3% 4 4% 5 3% 4 2% 4% 3 Apr. 21 4% Apr. 17 3 Apr. 21 5% Feb. 20 4% 5 3^000 Wilson & Co ctfs___ .no par 200 Preferred inn 20 9 21 10 8% 16 Mar. 24 17 Vg Feb. 7 400 18 Ta n 99 Certificates preferred 1 OP. 17 12 1 800 16% 19 12 Mar. 25 1 "NTew nn nnr 9 Anr. 29 9 Apr. 29 9 Apr. 29 100 ioo 8% 9 9 15% Apr. 29 16% Apr. 29 155% Anr. 29 lfiU 16% 17 300 300 45% Apr. 30 45% Apr. 30 45% Apr. 30 455? 45% Sale Preferred new 100 400 40 Woolworth (F W)__ ___ 25 1452,600 214% Sale 154% Sale 148 Sale 139% Apr. 12 155% Apr. 1 139% Apr. 12 222 Jan. 6 674,500 21% Apr. 13 26% Apr. 1 20% Mar. 30 44% Jan. 4 24 Sale 24 23 Worthington P & M. ...100 7,600 63,900 44 Sale 80 75% 73 Apr. 14 73 Apr. 14 73 Apr. 14 80 Feb. 6 70 73 78 Preferred A---------- ...100 500 2,000 77 58 54 56% 54 Apr. 13 56 Apr. 24 53 Mar. 29 65 Feb. 24 54 Preferred B______ ...100 600 4,600 60% Sale 27% Sale 29% Sale 26 Apr. 13 30 Apr. 19 24% Mar. 30 33 Feb. 11 Wright Aeronautic__ no par 18,100 105,800 27% Sale 51 51% 47 Apr. 3 52 Apr. 22 47. Apr. 3 59% Feb. 18 Wrigley (Wm Jr).__ no par 31,100 54% 55% 50% Sale 19,100 64 % 62 Apr. 5 64 Apr. 29 60% Mar. 4 64% Jan. 1 63 64 61 Yale & Towne______ ...125 2,400 10,200 61% 65 23% Apr. 12 27 Apr. 1 23% Mar. 30 32% Feb. 5 25% Sale 27 Sale Yellow Truck & Coach. .10 33,500 239,500 30% Sale 96% 98 91% Apr. 3 96% Apr. 28 91% Apr. 3 96% Feb. 29 93% Sale Preferred. _____ ...100 2,400 13,900 93% Sale 72 Sale Youngstown Sheet & Tube 72% 73% 70% Apr. 20 73% Apr. 1 69% Mar. 30 89% Jan. 4 145.500 86% Sale 23,300 *Rx-dividend a Thia price Is after distribution of dividends In shares of United Olgar Storrs at the rate of 38-86 shares for 100 shares of United Retail Stores c Ex-300% In stock ...... STOCKS R. Y. STOCK EXCHANGE In April Since Jan. 1. l.i General Quotations 30 OF BONDS AND STOCKS L. Xa the following thirty-four pages of tables quotations are given for all the more Important securities listed on any Stock Exchange In thi 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 Io 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 "f" prefixed to bond prices denotes that the quotation Is a flat price—that Is, that the accrued Interest forms part of the price, and therefore the purchaser does not have to provide for it separately In making payment. As already stated in the case of Income bonds and bonds In default, the price Is always “flat,” and no designating mark is employed to Indicate the fact. 4. Stock prices marked thus (d) are per share. All others are per cent except bank stock prices, which are quoted per share unless otherwise stated. 5. It should be borne in mind in the use of these tables that the quotations for many inactive and unlisted securities are merely nominal, but In all cases the figures are obtained from sources which are considered reliable. 6. The following abbreviations are often used, viz.: “M” for mortgage, “g” for gold, “gu” for guaranteed, "end” for endorsed, “eons” for eonolldated. “conv’, for convertible, “s f” for sinking fund, “1 g” for land grant, "op for optional. 7. The black-faced type in the letters showing the Interest period indicates the month when the bonds mature. NOTICE.—All bond prices are “and interest” except where marked "f” and Income and defaulted bonds. Bonds. BAILBOAD BONDS Bonds of companies consol'd are often under the consolidated name. Adirondack—See Del & Hudson Akron & Barb Belt g 4s 1942. J&D Ak Cant & Youngst 6s 1930..J&J Gen & ref 6s 1945 ser A..A&O Ala Gt South 1st 5s Dec *27..J&J Gen M 5s Dec 1 1927 £__ J&D 1st cons g 5s 1943 ser A__ J&D Belt Ry of Ohatt 5s 1945..J&J Ala Midland—See Atl Coast Line Alabama N Orl T & P June— “A” deb 5s g ’40 red ’10.M&N “B” deb g 5s '40 red ’10.M&N ”O” deb g 5s Nov 1 1940.A&O Alabama Tennessee & Northern— Prior lien 6s 1948............... J&J Gen Income 6s Oct 1948___ Alabama & Vicksburg Ry— 1st M g 5s 1974 series A..M&N Albany & Susq—See Del & Hud Allegheny Valley—See Penn RR Alleg & West—See Buff R & P Allentown Term 4s 1919 Ext at 6% to 1929___ ..J&J Alton Bridge—See St C M & St L Ann Arbor 1st g 4s 1955____ Q-J 6% notes Mar 15 1930..M&S15 Eq tr 6s July 15 ’26-’35.J&J 15 Ark & Mem Ry Brge & Term— 1st M 5s 1964................... -M&S Aroostook Nor—See Ban & Aroos Aroostook Valley—See Can Pac Asheville & Spartanburg—8 U & Col 1st M g gu 4s 1955__ J&J Atch & East’n Br—4s 1928.-J&J Atchison Topeka & Santa Fe— Gen mtge gold 4s 1995__ A&O Adjustment 4s July 1 '95.-Nov Stamped____________ M&N Conv g 4s of'09 due’55 opt J&D Conv g 4s of 1905 due '55. J&D Conv g 4s of 1960_______ J&D Trans S L 1st g 4s 1958__ J&J Cal-Ariz 1st&rf 4^s'62 opU&S Series B__________________ E Okla Div 1st g 4s ’28..M&S Hutch & So 1st g 5s 1928..J&J Rocky Mt Div 4s 1965__ J&J San Fran & San Joaquin Val 1st g 5s Oct 1 1940....A&O Santa Fe Prescott & Phoenix 1st g 5s 1942.................... M&S Athens Terminal Ry— 1st g 5s 1937______ J&J Atlanta Birm & Atlantic— Income 5s Nov 1 1930_______ Atl & Birm 1st g 5s 1934.-J&J f Certificates of deposit_____ f Atlanta & Chari A L—See Sou Ry Atl Knox & Cln—See Lou & Nash Atl Knox & Nor—See Lou & Nash Atlanta & St Andrews Bay— 1st 6s, 1938....................... A&O Atlantic & Dan—See South RR Atlantic City—See Reading Co Atlantic Coast Line Co of Conn— Certs Indebt 5s Irredeem.J&D f Atlantic Coast Line RR— I 1st cons 4s July 1 1952.M&S Col tr g 4s Oct 1 ’52 op.M&N Conv deb 4s '39 op '16.M&N Gen unif ser A 414s '64.J&D 7% notes May 15 o0 M&N 15 Eq 6Hs Feb '36 (yr)..F&A 6 Eq 6s Jan 15 ’27-’35. J&J 15 6 Ala Mid—1st gu g 5s’28M&N Atlantic Coast Line of S O— Gen 1st g 4s July ’48.-J&J N E of S C 6s 1933...J&J Bran & West 1st 4s '38..J&J Char & Sav gen 7s 1936.J&J Fla So 1st g gu 4s '45__ J&J Nor & Car 5s 1939___ A&O Pet’b’g—Class B 6s g ’26A&O Rich & Peters 4HS *40. A&O Sav Fla&W 1st g 6s ’34.A&O 1st M g 5s 1934____ A&O Wilm & Newb 4s ’97..F&A Wll & Wei gen g 5s ’35.-J&J Gen mtge g 4s 1935__ J&J Atlantic & Yadkin—See South Ry Aug Term—See Chari & W Car Austin & Northw’n—See So Pac Balt Ches & Atlan—See Pa RR Balt & Cumb Val RR 6s *29.-J&J Ex 1st M 6s July 1931___ J&J Balt & Harrisb—See West Md Baltimore & Ohio— 1st M 4s g July 1 1948...A&O 1st M 6s July 1 1948____ A&O Conv 4H® 1933 red 1923.M&S Ref & gen 5s 1995 series A. J&D Ref & gen 6s 1995 series O.J&D 10-yr 6s July 1929............... J&J Bq tr 41927-40 (yr)..M&N b Eq tr 6s 1926-37 (yr)___ F&A b Eq tr 6s 1927-38 (yr)___ F&A 6 Eq tr 6s ’27-’35 (yr) ...J&J 15 6 Pittsb Lake Erie & W Va— Refund gold 4s 1941..M&N 8 W Div 1st 5s 1950......... J&J Central Ohio— Reorg lstcong4Hs*30.M&8 b Bid. Ask 100 H 97 H 100 96 102 H 101H 98 H 100’< 97 M 94 92 90 98 95 94 83 28 87 32 101 103 101 80 % 81 5.40 5.10% 98 H 98 H 98” .... 92 H 87 H 87 'A 84 H 86 85 H 91« 96 93 99 92 H 88 H 90 86H 87” 92 H 99 H 98 99 % 89H 103 90” — — .... 82 86 45 45 45 50 50 50 65 71 98 94 H 93” 92 H 89 91 97 H 98 H 106 106H 4.85 4.75% 5.05 4.90% 100 H 101 92 109 ___ 94 H ---117H 90 ____ 100 100 _” 95 .... 107 « 102 .... 91 ____ 102 H 92 ----- .... 92 104 96H 97H 108 103H 4.80 4.85 4.85 5.10 92 H 104H 97 97 H 108 X 103 H 91 Vs 101H 92 H 101H Bonds 101 % 101 80 79 H 85 ioiji 86 80 H 87 101 77 95 95 94 94 94 88 95 103 78 97 97 96 96 96 92 97 93 96 86 —- 85 30 — 75 78 107 104 H 103 H 98 H ___ 95 H 95 H 95 83 H 83 H 82 81 80 77 90 88 H 93 H 83 73 49 H 98 98 H 95 H 95H 95 H 95 H 95 H 100 98 100 98 5.45 5.20% 5.50 5.20% 82 .... 98 H —- Bonds Ask. 93 83 -__ 102 H 09 91H 5.10 4.90% 4.80 4.60% 83 98 H 103” 80 79 94 93 99 H 100H 102 100 86 101 101H 102 H 5.25 6.10% 103H 104H 94 H 99 H 98 H 94 H 99 H 99 95 H 115 118 96 H 92 96H 115H 118H 97 H 94 88H 89H 83 H 83 4.75 4.50% 4.95 4.75% 95 93 100 98 78 76 99 97 102H 103 H 109 Vt, 109 H 4.85 4.70% 4.85 4.70% 5% 5.10 k Last sale. I In London, n Nominal, Bid. Carolina & Yadkin River— 1st s f 5s 1962..................... J&D Carthage & Adiron—See NYC 91 Catawissa cons g 4s 1948.__ A&O Central Argentine Ry Ltd— Conv g 6% notes 1927.__ F&A 100 Cent Ark & East—See St L 8 W Cent Branch Ry—See Mo Pac Central of Georgia— 1st M g 5s Nov 1 1945.__ F&A 104 H Oons gold 5s 1945........... M&N 103 H 10-yr 6% sec gold bds 1929 J&D 103 Rer & gen 5Hs 1959 ser B.A&O 105 Ref & en 5 )959 Ser O..A&O Eq tr 4Hs 1927-1940 P (yr) M&S 54.85% Eq tr 4H's 1926-1940 Q(yr)M&N 64.85% Chat 87 “ gold 4s 1951___ J&D Macon & Nor g 5s 1946___ J&J MJ Mid Ga& Atl 1st 5s 1947.-J J 99 H Mobile Div g 5s 1946____ J&J 101H Oconee Div 1st g 5s 1945.-J&D Cent RR & Bkg 5s 1937.-M&N Mi” Chattahoochee & G 5s ’30. .J&J Chat R & South g 5s 1947..J&J Eatonton Br 5s g 1926__ J&D Ocean S S 1st 5s 1943____ J&J Cent of N E—See N Y N H & H Central of New Jersey— Gen M (now 1st) g 5s '87.-J&J Eq tr 6s Jan 15 ’27-’35..J&J15 Amer Dock & Impt 5s 1921— Ext at 6% to 1936........ J&J 105 H 97 Leh & W-B Coal con f 4s'30J&D Con g 4s 1935________ J&D 93 H NY & L Br gen 4s 1941..M&S 90H General gold 5s 1941...MAS Central Ohio—See Balt & Ohio Central Pacific—See So Pacific Central Vermont Ry— Ref M 5s 1930 guar____ M&S 93 H Eq tr 5s Apr 26 1932 s-a..A&O 6.15( Charles & Sav—See Atl Coast L Chari & W Car 1st 5s 1946..A&O 99 H Aug Term 1st gu g 6s ’47..A&O 105 H. Chateaugay Ry—See Del & H Chattahoochee & Gulf—See Cent of Ga Chat Rome & Sou—See Cent of Qa Ry Chattanooga Sta 4s 1957 gu..J&J 84 Chesapeake & Ohio— 1st cons g 5s 1939............. M&N 105H General 4Hs gold 1992__ M&S 99 Conv g 4Hs 1930 op 1915 F&A Gen fund & impt 5s 1929..J&J i(«H Conv g 5s 1946________ A&O 126 Eq tr 4Hs Nov’26-’27(s a)M&N 4.75 4.65 Eq tr 4Hs Dec 1926____ J&D Eq tr 5s ^27-'38 (yr)....M&S15 4.85 4.95 Eq tr 5Hs ’26-’37 (yrly)..J&D 5.10 Eq tr 6s 1927-35 (yrly)..J&J15 Eq 6Hs 1926-’35 (ann).-J&D 5% Craig VaUey 1st 5s g 1940.J&J 100 H Potts Creek 4s 1946.___ J&J 87 H R & A Div 1st con g 4s '89.J&J 88)4 2d con g 4s 1989______ J&J 82 H Warm Sp Val 1st 5s g *41.M&S 99 H Coal Riv Ry 1st 4s gu '45. J&D 88)4 Elevator Co g 4s gu 1938.A&O Big Sandy Ry 1st g 4s '44. J&D 89H Greenb Ry 1st g gu 4s ’40 M&N 89 Kanawha Br & Ter 5s '48. A&O 98 Raleigh & S W 1st 4s '36..J&J 92 West Poc Corp 1st 4 Hs '45 F&A 90 Chesapeake & Ohio Northern— 1st M 5s 1945 guar____ A&O 100 Chesterfield & Lane 1st 5s '55F&A 50 Chic & Alton 1st 3H» 1950..J&J f 57 H Certificates of deposit________ 1/ RR refunding g 3s 1949.-A&O)/ 69” Certificates of deposit— Stpd as to Apr 1926 int____ If 69 Equip trust 6s Jan 15 '21-35' (yearly) ____________J&J15 6 5.60 Chicago Burlington & Quincy— I Gen M 4s 1958................. M&S 91H 1st & ref g 5s 1971 ser A..F&AI 105H Eq tr 6s Jan 15 ’27-’35..J&J15 6 5 10 Illinois Div 3H8’ 49 op '29 J&J 86 4s July 1 1949.............. J&J »4H Nebraska Ext 4s 1927___ M&N 99 H Chic & East IU (new co)— Gen M 5s May 1951 . ..M&N 77 H Chicago & Eastern Illinois— 1st consol 6s gold 1934___ A&O 107 Chic & I C Ry—1st 5s 1936 J&J Chic Grt West—1st 4s 1959.M&S 6854 Chic Ham & West 1st 6s '27-J&J 10054 Chic & I C Ry—See Chic & E Ill. Chicago Indiana & Southern Ry Con mtge g 4s 1956 guar.. J&J Ind IU & la 1st g 4s 1950.-J&J Chicago Indianap & Louisville— Ref. M g 6s 1947 series A. .J&J Ref M g 5s 1947 series B..J&J Ref M g 4s 1947 series O..J&J 1st & gen 5s 1966............ M&N 1st & gen 6s May’66 ser B.J&J Equip tr 6s ’27-’35 (yr)..J&J15 6 Indianap & Lou 1st 4s ’56. .J&J, Monon Coal gu 5s '36 opt.J&D, Ch I & St L Sh L—See COC&StL Chicago Lake Shore & Eastern— 94 H 1st M 4Hs 1969 opt 1919.J&D 90 Chic Memp & Gulf 5s 1940.-J&J 98 H f This price Includes accrued interest, Bid. Baltimore & Ohio (.Concluded)— Ohio Riv RR—1st g 5s '36.J&D Gen gold 5s 1937_____ A&O Staten Isl Ry 4Hs 1943--J&D Toledo & Cin Div 4s 1959..J&J W Va & Pitts 1st 4s g ’90. A&O Bangor & Aroostook— 1st M 5s g Jan 1 1943___ J&J Cons refund g 4s 1951___ J&J Medford Ext 5s 1937___ M&N Plscat Dlv g 5s Jan 1943..A&O St Johns Riv Ext gu 5s '39.F&A Van Bur Ext 5s g Jan '43.A&O Washburn Ext 1st 5s '39..F&A Aroostook Nor 5s g 1947.-A&O Nor Maine Seaport 5s '35.A&O Battle Creek & Stur—See Micb C Bedford Belt—See Chic M & St P Beech Creek—See N Y O & HudR Bellingham Bay & British Col— 1st g 5s Dec 1 1932_____ J&D Belt RR & Stk Yds (Ind’p’lis)— 1st ref gold 4s 1939_____ M&N Belt Ry of Cbatt—See Ala Gr So Belvidere Del—See Pennsylvania Bennington & Rutl’d—See Rutl’d Big Sandy Ry—See Ches & Ohio Birm Term 1st g 4s 1957 gu.M&S Bolivia Ry 1st 5s 1927___ .J&J BoonvUle St Louis & Southern— 1st M 5s 1951__________ F&A Boston & Albany 5s Oct '63.-J&J 5s June 1942____________ J&D 5s July 1 1938____________J&J 4Hs July 1937-----------------J&J 4s May 1 1933 gu N Y O.M&N 4s May 1 1934 gu N Y O.M&N 4s May 1 1935 gu N Y O.M&N 3Hs Jan 1 1951_________ J&J Ref 3 Hs 1952 gu N Y O..A&O Boston & Lowell 4Hs Feb '33.J&J 4s April 1932 ..................... A&O Boston & Maine—4Hs g ’44.J&J 4Hs April 1 1929............... A&O 4s Sept 1 1926.................... M&S 4s Feb 1 1937...................... F&A 4s Aug 1942____________ F&A 3s July 1950_____________ J&J 6s Jan 1 1933........... ........... J&J 1st & ref M 6s ser O 1929..J&J Series D 6s 1929_______ J&J Series F 6s 1930.____ ..J&D Series G 6s 1929__________J&J Series H 6s 1930.............M&N Series I 7s 1931.................. .J&J Series J 7s 1931_________ A&O Equip 5 Hs 1926-1937 (yr)F&A b Eq tr 6s 1926-38 (year)..J&D b Ports Gt F & Con 4Hs’37.J&D Bos & N Y A L—See NY NH & H Boston Rev B & L 4Hs ’27..J&J Bridge’n & Saco R 1st 4s ’28.J&D 2d 4s 1928............................J&D Burns & W—See Atl Coast Line Buffalo Creek 1st 5s 1941__ J&J 1st ref 5s 1961................ ..J&J Buffalo Rochester & Pittsburgh— General 5s g 1937_______M&S Con g 4Hs 1957............. M&N Eq 6s ser K 1926-33 (s-a).F&A Equip 4s series G 1929__ A&O b Al & West 4s g guar 1998. A&O Clear & M 1st 5s g gu 1943. J&J Buffalo & Southwest—See Erie Buff & Susquehanna RR Corp— 1st 4s Dec 30 1963............... J&J Burl Ced Rap & No—See CRI&P Butte Anaconda & Pac 5s'44.F&A California N W 5s 1928 gu.-A&O Cam & Clear—1st 5s g 1941.J&J Gen M g 4s 1955____ __ F&A Cambria & Ind—1st 5s '36.M&N Gen mtge 6s 1944_______ F&A Eq tr 5Hs 1927-38 (year).M&N b Canada Atl—See Grand Trunk Canada South 5s 1962 ser A.A&O Canadian National RaUways— 4Hs Sept 15 1954 ...M&S15 4% guar gold notes 1927.-J&J 5-year 4Ks Feb 15 1930.F&A15 Canadian Northern— 1st con deb 4s 1930 gu..J&D30 S F deb 7s 1940................ J&D S F deb 6Hs 1946............ J&J 10-yr g 4Hs Feb 15 '35 ..F&A Canadian N W 4Hs Oct 22 1943 Manitoba S E 1st 4s £ *29.F&A Winnipeg Term g 4s 1939 g. J&J Canadian Pacific— Cons deben 4s perpetual..J&J Eq tr 4Hs 1926-1928......... J&J Eq tr 6s Oct 26 '26-’32(s a) A&O Aroostook Val 4Hs 1929.F&A New Brunsw 1st g 5s 1934.F&A Cons deb 4s perpetual..J&J Ont & Que deb gu 5s perp. J&D Carb & Shaw—See Illinois Cent'l Carolina Cent—See 8eab Air Line Caro Clinch & Ohio 5s 1938..J&J 1st cons 6s 1952 Ser A..J&D15 Equip 5s 1926-1937 s-a..A&O b Eq 5s 1926-1933 s-a......... J&D b Eq tr 6s 1927-’35 (yrly).J&J15 b s Sale price. Ask. 100 H 10354 103 H 105 )i 97 4.70% 4.70% 104” 4.90% 106 % 94 H 101 9554 99 H 101H 4.50% 4.50% 4.70% 4.75% 5% 4.80% 86 H 100 • 9154 99” 92 54 93 101 57 H 56 5.30% 92 H 105 H 5‘7o 87 99H 78 69 H 101H 92 103 98H 107 Vt 5.05% 81H 60 96 92 May, 1826.] 31 RAILROAD BONDS NOTICE.—All bond prices are “and interest” except where marked “f” and income and defaulted bonds. Bonds. Bid. Chic Milw & Puget Sound— 1st M g 4s 1949 guar.-J&J-Q-J 48% Certificates of deposit____ 48% Chicago Milwaukee & St Paul— 83% Gen g 4s A May 1 1989__ J&J Gen & ref 4%s Jan 2014--A&O 50% 50% Certificates of deposit_____ Conv 5s Jan 2014 ser B-.F&A 49% Certificates of deposit__ .•__ 49 1st sec 6s 1934__________ J&J 104% 72% Gen g3)isB May 1 1989.-J&J Gen 4%s May ’89 series C.J&J 94% Deb gold 4s July 1 1934__ J&J 49% Certificates of deposit______ 49 Conv deb 4%s ’32 opt ’22-J&D 50 Certificates of deposit_____ 49% Gold bonds 4s 1925 opt’22.J&D 49% Certificates of deposit______ 49% m European loan 4s 1946--M&S 5*.55 Equip tr 6s 1927-35 (yr).J&J15 5.20 Equiptr5s’26-'4O serB(yr) P&A 95 Bedford Belt 1st 5s 1938 ..J&J 99% Chic & Mo Riv 1st 5s 1926-J&J Milwaukee & Northern— . 1st ext 4%s ’34 (blue)..J&D 94% Cons 6s 1934 ext at 4%% 94% to 1934 (brown)__ J&D Chic & Nor M—See Pere Marq Chicago & North Western— Gen M 3%s g 1987......... M&N 76% 88 Gen M gold 4s 1987......... M&N 88 Stmpd non-pay Fed inc tax Gen M 5s ’87 stpd inc tax.M&N 107 Gen M 4%s 1987_______ M&N Sinking fund deb 5s 1933-M&N 101 % Sinking fund 6s 1929____ A&O 103% Coll tr s f 5s 1929_______ A&O 101% 99% Exten bonds 4s 1926__ F&A15 10-year 7s June 1 1930___ J&D 107% 15-year 6%s Mar 1936---M&S 113% 1st & ref 5s May 2037___ J&D 103% 4.85 Eq tr 5s ’26-’35 ser M (yr) .J&D 5.10 Eq tr 6s Jan 15 ’27-38--J&J15 Eq tr 6%s 1927-36 ser J. .M&S 5% 5% Eq 6%s 1927-36 K (yr).-A&O Des Plaines Val 4%s 1947-M&S 93% Frem Elk & Mo V 6s ’33-.A&O 108% 90% la Minn & N W 1st 3%s’35.J&J 81% ManitowGB&NW 3%s’41-J&J Milw Lake Shore & Western— Ext & imp s f g 5s 1929--F&A 100% Mil Sparta & NW 1st 4s’47M&S 91% 82% Mil&State Line 1st 3 %s’41 .J&J St L Peo & N W 5s 1948--J&J 103% 92% St Paul East Gr Tr 4%s’47.J&J 89% Sioux City & Pac 3%s’36-F&A Chicago Peoria & St. Louts— 20 Prior lien gold 4%s 1930.-M&S 20 Certificates of deposit______ Chicago Rock Isl & Pac Railway85 General gold 4s 1988_____ J&J 91% Ref g 4s 1934 opt to 1911 ..A&O 5%% notes 1926________ J&D 100 99% 5% notes 1929___________ J&J 99% 5% notes 1929.............. ..M&S 4%s notes 1928__________ J&D y.2o Eq tr 6s Jan 15 1927-’35-J&J15 4.90 Eq tr 5s 1926*38 (s-a)___ J&D 4.90 Eq tr 5s Oct ‘26-’34 (s-a)-A&O 4.80 Eq 4%s 1926-July’27 (s-a)-J&J Burl Cedar Rapids & North— Con 1st & coll tr 5s g ’34. A&O 100% Choctaw Oklahoma & Gulf— Consol gold 5s 1952___ M&N 103% Choc & Memph 5s 1949__ J&J 102% 85 Peoria Ry Ter 4s ’37 gu op. J&J 93% R I Ar & La 4%s 1934___ M&S 90% St P & K C Sh 4%s ’41--F&A Keok & Des M—1st 5s’23.A&O 85% Certificates of deposit_____ 8tamped 2% loan______ Chic St L & N O—See Ill Central Chic St L & Pitts—See Penn Co Chic St Paul Minn & Omaha— Cons 6s June 1 1930____ J&D 103% 93% Cons 6s red to 3%s 1930--J&D Deb gold 5s Mar 1 1930--M&S 100 Stamped___ ,______________ 100 5.30 Eq 6s 1927-35 (ann)___ J&J15 5.15 Ev tr 7s 1927-31 Series B. J&J North Wisconsin—6s 1930-J&J 103 99% Super Sh L 5s June 1930-M&S Chic Terre Haute & Southeast— 87 1st & ref g 5s Dec 1 ’60 opt .J&D 78% Income mtge Dec 1 1960_____ 75% South Indiana 1st g 4s ’51-F&A 96% Chic Un Stat 1st 4%s 1963--J&J 1st M 5s 1963 series B____ J&J 104 1st M 6%s series C 1963--J&J 118% Guar gold 5s 1944.......... --J&D 102 Chicago & Western Indiana— Gen gold 6s Dec 1 1932__ Q-M 105% 86% Consol gold guar 4s 1952__ J&J 1st & ref 5%s 1962 A___ M&S 104% Chic & West Mich—See Pere M Choc Okla & Gulf—See C R I & P Cincinnati Hamilton & Dayton— 96% General 5s gold 1942____ J&D 97% 2d mtge gold 4%s 1937__ J&J Dayton & Michigan 1st 5s 1911 98% Ext at 4% % to ’31 op’17.J&J O I St L & C—See C C C & St L— 87% Cin Ind & West 1st 5s 1965-M&N Cin Leb & Nor—See Pennsylvania RR Cine & Musk Val 4s 1948__ F&A Cin N O & Tex Pac Ry— 4.85 Eq tr 5s 1927-38 (yr) .—A&O 86% Cincin North 1st g 4s 1951--J&J Cin San & Clev—See C C C & St L Clearfield & Jeff—See Pa & N W Clearf & Mahon—See B R & P Cleveland Akron & Columbus— General gold 5s 1927____ M&S 100 90 1st cons guar g 4s 1940__ F&A Unguaranteed_____________ Clev Cine Chic & St Louis— 87 General 4s gold 1993____ J&D Gen M 5s ser B 1993___ J&D 103 98% Deb gold 4%s 1931......... J&J Ref & imp 6s 1929 ser A..J&J 103% Ref & imp M 6s ’41 ser C-.J&J 105% Ref & imp M 5s ’63 ser D..J&J 102% 4.75 Equip tr 5s 1926-’29 (yr)..J&J 4.75 Equip tr 6s 1926-’27 (yr).-J&D 6 Basis. Ask. 49 49% 85 51 50% 50% 50 104% 94% 50% 50 50% 50 50 50 5.20% 5% 97 99% 95 77 88% 88% 108 102% 104" 166" 107% 114 103% 4.70% 5% 4.80% 4.80% 95% 110 91% 101% 91% 87 90% 87% 91% 100% 100% 99.32 5% 4.75% 4.75% 4.50% 86 93% 90% 104 100% 101 5.05% 4.90% 87% 79% 76% 96% 104% 103" 86% 104% 97% 98 89 4.70% 100% 92 103% 106% 103 4.55% 4.50% /This price Includes accrued int. Bid. Bonds Clev Cin 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 1 st 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 ’40.-A&O 2d cons inc 4s 1990. .-Apr 1 Cleveland Lorain & Wheeling— Cons now 1st 5s 1933..-A&O Stamped subject to call____ Gen M 5s 1936....... ............ J&D Con refg g 4%s 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 Terminals— 1st s f 5%s 1972 series A..A&O 1st M s f 5s 1973 ser B___ A&O Coal & Iron Ry—See Western Md Coal River Ry—See Ches & Ohio Colo & Sou 1st g 4s 1929___ F&A Ref M g 4%s May 1 ’35--M&N Eq tr 6s 1927-35 (year)..J&J 15 Ft Worth & D C 6s 1921— Ext at 5% % to 1961 .—J&D Colo Sou N O & Pac—See St L & S F Colo Spr & Cripple Crk D Ry— 1st gold s f 5s 1930_______ J&J Cent Tr Co ctfs of dep_____ 1st cons 5s Oct 1942____ A&O Col Connect & Ter—See Nor & W Col Hock Val & T—See Hock Val Conn & Pass—1st g 5s ’43.-A&O „ Newp & Richf 1st 5s ’41 gu. J&J Conn River—Gold 4s ’43---M&S Connecting Ry (Phila)— 1st M gu 4s Mar 15 ’51-M&S15 Connellsv & Monongahela Ry— 1st s f gold 4s 1930 opt-.-M&S Cuba Northern 6s 1966 stpd-J&J 1st mtge 6s 1966 plain_______ Cuba RR—1st g 5s 1952___ J&J 1st 1 & ref g 7%s ’36 ser A. J&D Imp & equip 5s 1960___ M&N Current Riv—See K C Ft S & M Dallas & Waco—See Mo 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%s ’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 5%s May 1 ’37--M&N Eq tr 6s Jan 15 ’27-’35.J&J15 Adirond 1st 4%s ’42 gu.-M&S Albany & Susq 3%s 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 May 1 ’41.-M&N Utica Clin & Bing 5s ’39-.J&J Delaware Lack & Western— Morris & Essex 3%s 2000.J&D N Y Lack & Western— 1st & ref 5s 1973 ser A.M&N 1st & ref 4%s ’73 ser B.M&N Warren 1st refg 3%s 2000.F&A Del Riv RR & Bridge—See PaRR Denison & Pac Sub—See Tex & P Denver & Rio Grande Western— Gen Income 5s Aug’55—M&N Denver & Rio Grande—■ 1st con g 4s 1936_______ -.J&J 1st con g 4%s 1936______ J&J Improve’t gold 5s 1928-—J&D Rio Gr June 1st gu 5s ’39. J&D f Rio Gr So 1st g 4s ’40--J&J " 1st g 4s guar 1940____ J&J Rio Gr West 1st 4s ’39-—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 Pl Val Ry—See Chic & N W Det Gr Rap & West—See Pere M Det & Mack pr 1 4s 1995___ J&D Mortgage 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&O 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 RR— 1st & ref 5s 1965______ A&O New Mexico Ry & Coal Co— 1st col tr g 5s Oct 1 ’47.AAO 1st & con & coll tr g 5s ’51 A&O Dawson R & Coal 5s ’51-J&J ElPas&RIlstggu5s’51.J&J Erie—NY & E lst4s ext g’47 M&N 4%s 3d ext 1933-............ M&N 5s 4th ext gold 1930____ A&O 4s 5th ext gold 1928__ i__ J&D 7s 1st cons 1920 ext to ’30.M&S Prior lien gold 4s 1996___ J&J Gen lien gold 4s 1996___ J&J k Last sale. I In London, 91% 84% 86% 90% 88 93% 101% 107 91 92% 83 38% 102 Ask. 85% 91% 92% 94% — 85 39% 102% 101% 86% 108 103% 108% 104% 98% 96% 5.15 97 5% 105% —- ___ ---- 85% 80 96 96% — 98 97 92% 106% 82 93 106% 85 86 86% 89 88 91% 111% 112 94 93% 107% 108 ___ 104% 5.05 4.90% — 86% —— ---- 86% 83 —— 109 97 — 78 78% 99 99% 65% 65% 89% 92% 99% 99% 4 4 91% 81% 95 89% 93% 99% 100 7 39 92 82% 98 42 71% 70 72 85% 101 % 104 103 87 88 103 105 88 97% 104 101 101 101 101 90 97% 100% 98% 107% 79 69% 90 99 .... ___ __ _ 107% 79% 69% Bonds. Bid. Erie RR (Concluded)— Conv gold 4s 1953 ser A.-A&O 72 > Series B 1953________ A&O ____ 72 j Series D 1953.................A&O 79% Eq tr 6s 1927-35 (year).J&J15 b 5.30 Eq 6s ser FF ’26-’28 (s-a) _M&N b 4.85 Penn coll g 4s Feb 1 1951--F&A 97% 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 5% 1929-A&O MX)% Chic & Alt Term 5s 1928--J&J Ch & Erie 5s 1st g 1982.-M&N 104% Income 5s Oct 1982_______ Cleve & Mah Val g 5s ’38-J&J 99% Erie & Jersey s f 6s 1955.J&J 107% Genesee River 6s 1957___ J&J 102% Goshen & Deck 1st 6s ’28-J&J 100 Long Dock 6s con g 1935-A&O Newb & N Y 1st 5s 1929.-J&J N J & N Y 5s 1950___ M&N 86 N Y & Gr Lake gu g 5s ’46 M&N 97% NYLE&WC & RR— 1st 6s ext 5%% 1942--M&N Ml NYLE&WD&I 1st 6s ’13 Extended at 5% to 1943-J&J N YPa&Ojil 4%s ’35-M&S N Y Susq & 1st refunding 5s 1937__ J&J 2d mtge 4%s 1937____ F&A Gen mtge 5s g 1940___ F&A Term 1st g 5s 1943___ M&N Registered $5,000 each__ Midland of N J 1st 6s 1910 ext at 5% to 1940__ A&O Wilkes & E 1st g 5s ’42. J&D Erie & Jersey—See Erie RR— Erie & Pittsb—See Penn RR— Est RR of France— External s f 7s 1954____ M&N »4% European & N A—See Maine Cen Fitchburg—5s Jan 1 1934__ J&J 86 4%s ref 1928.......... M&N *8 4%s Jan 1933__________ _J&J <4 4s refunding March 1927.-M&S 87 4s refunding 1927_______ A&O 87 4s Jan 1928______________ J&J 87 4s May 1925____________ M&N 86 Flint & Pere Marq—See Pere M Flo Cen & Pen—See Seab Air L Florida East Coast 4%s ’59-J&D 97 1st & ref 5s 1974________ M&S 99% Florida South—See Atl Coast L Florida West Shore 5s 1934--J&J 95% Fonda Johnstown & Gloversv— 1st cons ref’g g 4%s 1947..J&J 84 Gen ref’g gold 4s 1950___ J&J 60 Registered_______ 55 1st cons ref 4%s ’52 opt--M&N 59% Fort Dodge Des Moines & Sou— 1st 5s 1938______________ J&D 64 Ft Smith & West 1st g 4s ’54 A&O 22 Fort St Un Dept Det 4%s’41 J&J 92% Ft Worth & Dn C—See Col & S Ft Worth & Rio Gr 4s 1928-J&J 97 Fre Elk & Mo Riv—See C & N W Galv Har & San An—See So Pac Galv Houston & Henderson— 1st M 5s 1933__________ A&O 96% Galveston Term 6s 1938__ M&S 102 Genesee River—See Erie RR Gen & Wyo 1st g 5s 1929--A&O 99% Geor & Alabama—See Seab A L Georgia Car & N—See Seab A L Ga & Fla 1st g 5s 1956---M&N f 50 Geor Midland—See South’n Ry Ga RR & Bkg ref 6s 1951--A&O 110 4s Jan 1 1947_________ J&J 84 Ga Sou & Fla 1st g 5s 1945-J&J 100% Deb 5s 1952--......... .......... A&O 87 Eq tr 4%s 1926-1939 s-a.M&N 4.90 Gettysburg & Har 5s gu ’26-A&O 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— 1st M 3s 1962.................... .J&J 69 1st 4s Feb 25 ’39 Alg gu.M&N 89% 1st 4s Feb 15 ’42 Alg gu.M&N 86 Gen 4s 1962 Can Gov guar. J&J 85% Prairie Section 4s 1955-..A&O 71 Mountain Sec 4s 1955___ A&O 71 Lake Sup Div 4s 1955 A&O 72 Grand Trunk Ry of Canada— Sink fund g deb 7s 1940__ A&O 115% Deb g 6s Sept 1 1936___ M&S Canada Atl 1st 4s 1955___ J&J 1|% Grand Trunk West 4s £ 1950-J&J 77 1st g gu 4s $ July 1 1950--J&J 82 Great Northern— Gen M 7s 1936 series A___ J&J 113% 1st & ref g4%s ’61 opt ’41-J&J 95% Gen M 5%s 1952 ser B...J&J 106% Gen M 5s 1973 series O--.-J&J 101% Eq tr 4%s 1926-1939___ M&S 4.75 Eq tr 4%s 1927-1940 D (yr) J&J 4.75 Eq tr 5s 1926-1938 (yr)..M&S 4.85 Eq tr 6s Jan 15 ’27-’35--J&J 15 5.10 Western Fruit Express______ Eq 5s Jne 15 ’26-’39 (yr) J&D 4.95 Eq tr 4%s 1926-1940-J&D 4.90 Great Northern Ry of Canada— Cons 4s 1934 opt to 1914. - A&O 89 Green Bay & West debt certfs A.. 76% Deb ctfs B___________ __ 14 Greenbrier Ry—See Ches & Ohio Gulf Mobile & Northern— 1st 5%s 1950 ser B........... .A&O 105 Gulf & Ship Island RR— ist 1st rer ref & term g 5s Feb ’5. 52-J&J 104% Gulf Terminal of ’Mobile— 1st mtge g 4s 1957 gu........... J&J 81 Hocking Valley Ry— 1st cons gold 4%s 1999-.-J&J 94% Eq tr 5s 1927-1938 (ann) .A&O 4.85 Eq tr 5s 1926-1939 (yr).„J&J 4.85 Eq tr 6s ’27-’35 (yr)___ J&J 15 6.15 Col & H V ext 4s 1948.--A&O 88% Col & Tol 1st g 4s 1955--F&A 88% Hollid Bed & Cumb—See Pa RR Housatonic—See N Y N H & H Houston Belt & Term 5s ’37.J&J 98% Houston E & W Tex—See Sou Pac m Dollars per 500 francs or £20. Nominal, s Sale price. Ask. 72% 72% 79% 5.10% 4.60% 101% 108% 108% 102 110 88 98 85 69% 74% 95 69% s 84% 99% 97 87 65 65 59% 68 32 97% 97 104 100% 58 91 4.75% 69% 90% 86% 73 73 75 115% 77" 83” 113% 96% 106% 101% 4.65% 4.65% 4.70% 5% 4.80% 4.70% 90 82 16 83 4.70% 90" 100 M Per £200. 32 RAILROAD BONDS [Vol. 122. NOTICE.—All bond priceB are “and interest” except where marked “I” and income and defaulted bonds. Bonds. Bid. Houston & Tex Cen—See Sou Pac Hudson & Manhattan— 1st gold 5s 1957 opt_____ F&A 96% 80% Adj inc up to 5% Teb '57. A&O 1st M 4%s 1957 conv___ F&A 86 N Y & Jer 1st g 5s '32 opt-F&A 101 Huntingdon & Broad Top— 80 1st Mext 6s Mar 31 '40 A-A&O 75 2d M ext 6s 1940 ser B__ F&A 30 3d M consol 5s Mar 31 '40-A&O Hutchinson & S—See A T & S F 86 Illinois Central—1st g 4s '51-J&J 85 % 1st gold 3%s 1951_______ J&J Main L ext 1st g 3%s '51-A&O 67 IstM £ 3s 1951---------------M&S IstM £4s 1951_________ A&O V Tr bonds £ 3%s 1950____ J&J If 76 89% Coll trust gold 4s 1952—A&O Col tr L N O & T g 4s '53-M&N 87% Ref mtge 5s 1955-- .M&N 107 Ref g 4s 1955 opt 1918--M&N 93 82% Pur lines 1st g S%s 1952--J&J Jt 1st ref M (I C & C S L & N O) 5s 1963 ser A___ J&D 102% Ser B (£100 & £200) '63-J&D if 101 Gold 5%s Jan 1934-------- J&J 102% Gold 6%s July 1 1936-.-J&J 112% Eq tr 4%s 1926-1939 K-.F&A 6 4.75 Eq tr 4%s 1926-1940 L--A&O 5 4.75 Eq 5s Nov '26-Nov '27--M&N 6 4.70 Eq tr 5s 1928-38 ser J__ M&N b 4.80 Eq tr 6s ’27-’35 (year)--J&J 15 6 5.05 Equip 6 %s 1926-1934 (yr)-F&A b 4.90 Equip 7s 1926-1935-------- A&O 6 4.90 Cairo Bridge 4s g 1950__ J&D 91% 76% Litch Div 1st g 3s 1951--.J&J 82% Louisv Div 3%s g 1953__ J&J Omaha Div 1st 3s g 1951--F&A 73% 85% St Louis Div 3%s g 1951--J&J St Louis Div 3s g 1951----- J&J 73% Sp’field Div ext 3%s '51--J&J 83% 90% Western lines g 4s 1951—F&A Chicago St Louis & N O— Con g 5s June 15 '51-J&D 15 104% 79% Cong3%s June 15 '51 J&D15 88% Mem Div 1st 4s 1951--J&D St Louis Alton & Ter Haute— 95 St L South 1st g 4s '31-M&S Carb & Shaw 1st g 4s '32 _ M&S 94 Ind BI & Wn—See C C C & St L Indiana Ill & Ia—See Chic Ind So Ind & Louisv—See Ch Ind & L So Indianapolis Union—■ Gen & refg 5s 1965 ser A__J&J 103% 103 Interboro-Met {See Street & E Inter Rap Tran) Ry Securities Internat-Great North Ry— 1st M g 6s 1952 series A__ J&J 104% Adj M 6s 1952 series A__ April f 68% 6% gold notes 1930- -- M&S Internat Rys (Central America)— 1st M 5s 1972 opt. ____ M&N 6% notes 1927-----____ -___ 6% notes 1936 __ -IowaCentral—See Minn & St L Ia Minn & N W—See C & N W Jacksonv Ter 1st 5s gu '39-J&J Ref & ext 6s 1967-- -- -.J&J Jamestown Frank & Clearfield— 1st g 4s 1959 guar______ J&D Jefferson—See Erie Joplin Union Station— 1st g 4%s 1940 guar op-_M&N Kai Al & G RR—See L S & 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 Cons 6s 1928__________ M&N Current Riv 1st 5s 1927--A&O K C Mem & Bir 4s 1934.-M&S Income 5s Mar 1934--Sept 1 f Assented__________ M&S Kan City & Mem Ry & B— 1st 5s gold 1929--__ A&O Kansas City Mexico & Orient— 1st gold 4s 1951 (undep).-F&A 6% notes 1916 certifs _ .A&O f Kansas City & Pac—See M K & T Kan City Sou—1st g 3s 1950-A&O Ref & impt 5s Apr 1 1950- - J&J Eq tr 6s 1927-35 (year)..J&J 15 b Kansas City Terminal Ry— 1st g 4s 1960 opt 1930----- J&J Kan Okla & Gulf ser A 6s '37. J&J Inc 6s series B Jan 1949___ Jan Inc 6s series C Jan 1949___ Jan Kentucky Central—See L & N Kentucky & Indiana Term RR 1st M 4%s 1961 (sterling).J&J Stamped -_ _____________ Plain! ___ __________ Keokuk & Des M—See C R I & P Knoxv & Ohio—-See Southern Ry Lake Erie & Det Riv—See Pere M Lake Erie & Western— 1st gold 5s Jan 1 1937____ J&J 2d gold 5s July 1 1941___ J&J Nor Ohio 1st gu 5s g 1945.A&O 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 Gen mtge gold 5s 1954__ .J&J Equip trust 4 %sl 926-1931-Var 6 Lehigh Valley Harbor Term Ry— 1st mtge 5s 1954_______ F&A Lehigh Valley— 1st 6s ext gold 4s 1948 - -J&D Con M 6s ann reg irred___ J&D Con M 4%s ann irred___ J&D Gen cons gold 4s 2003___ M&N Gen con gold 4%s 2003__ M&N Gen con gold 5s 2003____ M&N Lehigh & Lake Erie— 1st 4%s 1957 guar.. ..M&S Lehigh & N Y 1st 4s 1945.M&S Lehigh Valley Coal— 1st 5s gold guar 1933___ J&J 1st 40-year guar int red to 4% 1933__________ J&J 1st & ref 5s 1934 ..F&A 1st & ref 5s 1944___ F&A 1st & ref 5s 1954 . ___F&A 1st & ref 5s 1964___F&A 1st & ref 5s 1974........... -F&A 100 76% 98 84 Ask. 97% 80% 88 102 ___ 40 96 ___ ___ 89% 81 91% 88 107% 93% 103 106 103 114 4.65% 4.65% 4.50% 4.70% 4.90% 4.75% 4.75% 92 ’___ __ ___ ___ 107% 97% ___ ___ 106 69% 75 100 77 100 88 100 109% ___ ___ 89% 91% 95% 97 92 102% 99% 94 95 98% 99% ___ — 92% 102% 94% 99% ___ 75% 75% 98% 98% 5.30 5.10% 87% 30 13 8 87% ---___ 92% 85% 81% ___ 89 85% 101% 100% 96% ___ ___ 100 102 101 5.40 101% 5% 104% 105% 92% 126 97 84% 94% 104% • -_ 128 98% 93 88% 95 105 89 101 102 92% 99% 99% 99 98% 101 ___ ___ 100 99% — Bonds Lehigh Valley (Concluded)— Lohigh Valley Ry of New York 1st 4%s gold 1940____ J&J Lehigh Vail Term 5s 1941-A&O Middlesex Val 1st 5s '42.. M&N Pa & N Y Canal con 5s '39. A&O Cons mtge 4%s 1939 ..A&O Cons mtge 4s" 1939 A&O Lehigh & Wilkes—-See Cent N J Lex & East—See Louisv & Nashv Litchfield & Mad 1st 5s '34.M&N Little Miami guar 4s 1962.-M&N Little Rock & Hot Spr West Ry— 1st gold 4s 1939 guar......... J&J Long Island—Unified g 4s’49M&S Refunding g gu 4s 1949. --M&S 1st cons f 5s July 1 1931__ Q-J 1st cons g 4s July 1 1931.. Q-J Gen mtge gold 4s 1938___ J&D 4s gold 1932. ________ J&D Debenture gold 5s 1934-. J&D Debenture gold 5s 1937. _M&N Equip tr 5s 1927-39 (yr)..A&O Equit tr 6s 1926-32 (yr).-F&A Montauk Ext 5s 1945 .J&J 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 N Y & R B 1st g 5s 1927--M&S North Shore Branch— 1st cons 5s g Oct 1 1932.-Q-J Louisiana & Arkansas Ry— 1st sf gold 5s 1927______ M&S Louisiana & North Western— 1st M gold 5s 1935______ A&O Louisv Cine & Lex—See Lou & N Louisville Henderson & St Louis— 1st mtge gold 5s 1946... .J&J Louisville & Jeffersonville Bridge Guaranteed gold 4s 1945- M&S Louisville & Nashville—• 50-year gold 5s 1937 ___ M&N Unified gold 4s 1940 - J&J Coll trust gold 5s 1931.-.M&N 7% g notes May 15 '30.M&N15 1st & ref 5%s 2003 ser A. A&O 1 st & ref 5s 2003 ser B. . .A&O 1st & ref 4%s 2003 series C A&O Eq tr 4%s 1926-37 (year).J&D Equip 6%s 1927-36 (year).M&S Eq tr 6s ’27-’35 (yr)___ J&J15 Atl K & Cin Div 4s 1955--M&N Atl Knox & Nir 1st Es '4« .T&D Consol gold 4s 2002 __ M&S Lou C & Lex 4%s g 1931-M&N NO Mob 1st gold 6s 1930 J&J 2d gold 6s 1930_______ J&J Pad & Mem Div 1st 4s '46-F&A S E & St T, Div fis 1071 MXrS 2d mtge 3s 1980 ____ M&S Kentucky Cent 4s g 1987. .J&J Lex & East 1st 5s 1965__ A&O L & N MnhA Mnnt 4 lZs’451VTXrS I In London, 98 103% 99 102 97 92% 103% 101 102% 98 93% 92% 85 95% 101% 100% 102 100% 99% 100% 100 100% 50 55 101 89 89% 104 95% 96 100% 102% 107% 107% 108% 109 105% 107 98% 99 b 4.75 4.65% b 4.85 4.75% 6 5.05 4.90 91% 94 103% 99% 106% 104 92 100 107 105 92% 66% 87 108 99% 110 101 87% 87 101 % Gen cons gu g 5s 1963..A&O Macon Dub & Sav 5s 1947.-J&J Macon Terminal 5s iQfifi .T&.T Mahoning Coal—See L S & M S Maine Central— 1st & ref 4%s 1935--___ J&D 1 st & ref 5s Dec 1935 .T&D 1st & ref 6s Dec 1935____ J&D Eur & N A gold 1933- ..J&J Hereford Ry—G 4s ’SO M&N Upper Coos" 1st gu 4s '30 M&N Upper Coos Ex 4 %s g '30 M&N Washington Co Rv 1st g gu 3%s Jan 1954 op 1924. .J&J Manila RR Sou Lines 4s’39-M&N 4s '39 ext 1959 (U S guar)____ Sinking fund g 7s 1937- M&N Manitoba & 8 E—See Can Nor Manitoba 8 W Col 5s 1934-.J&D Marq Houghton & Ont 6s’35 A&O Extended to 1935____________ Md Del & Va 5s 1955 gu___ F&A f Maryland & Pa 1st g 4s '51-M&S Mason City & Ft. Dodge— 1st M gold 4s 1955______ J&D f Memphis Union Station Co— 1st g gu 5s Nov 1 '59__ M&N Merchants’ Br—See Term RR Meridian Term 4s '55 guar M&N Mexican International— Prior lien 4%s 1947_____ M&S f 1st con gold 4s 1977-.__ M&S f f f 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 Midland of N J—See Erie Midland Valley—5s 1943 --A&O Adj M Apr 1 '53 ser A__ Sept Series B ______ _______ Millen & Southw—5s 1955 A&O MilLakeSh&West—See Chi&N W Milw & No—See Ch Milw & St P Milw & Spart & N W—See Chic Min & Pac—See M St P & S S M Minn & St. L—1st 7s 1927 J&D f 1st consol gold 5s 1934 - M&N f Certificates of deposit_____ f 1st refg gold 4s 1949. M&S f Ref & ext 5s Feb '62 ser A.Q-F f 1st gu g 7s 1927.----.J&D Des M & Ft. D 1st 4s '35.-J&J f Certificates of deposit______ f Iowa Cent 1st g 5s 1938 J&D f Certificates of deposit______ f 1st & ref g 4s 1951___ M&S f Minn St P & Sault Ste Marie— 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 1st ref 6s 1946 series A -J&J 25-year 5%s 1949. ______ M&S Eq tr 7s 1926-1930 (year) .J&D 6 Jt Last sale, Bonds. Ask. 82% 83% 86% 87% 88 100% 94% 91% 92% 99% 97% 98 b 5.10 4.90% b 5.25 5% 97 gold 4s 1952 ________ J&J L & N Term 1 st g 4s '52 gu J&D Nash F & S 1st gu g 5s '37.F&A Newport & Cincinnati Bridge— b Basis. /This price includes accrued interest. Bid. 96% 103% 108% 100% Mont Cent—See St P M & M Mont Wyo & So 5s 1939--.M&S North & Essex—See D L & W 68 88% 85 101% 93% 97% 103 92% 91 90% 93 94% 98% 104 65 63% 65 106 68 64 67 108 91% 100 99 .... 76 102 79 60 102 103% 82% .... .... ___ .... .... ___ 94% ___ 70 90 - 60 56 19% 13% 99 44 40 60 ... 17% 102 62 59% 20 14% 102 49 42 61 60% 19 90% 99% 99% 81 103 102 92 5.20 90% 99% 99% 82% 103% 102% 92% 4.90 s Sale price, Minn St Paul & S S M (Concl)— M S Ste M & Atl 4s 1926--J&J Minn & Pac 1st 4s 1936. - J&J M St P & S S M & Cent Term Ry— lstChTersf4s’41op’16M&N Minneapolis Term—see Wis Cent Mississippi Cent g 5s 1949. -J&J Missouri-’Kansas-Tex RR— Prior lien 5s 1962 ser A. . .J&J Prior lien 4s 1962 ser B___ J&J Prior lien 6s 1932 ser C .J&J Adj M 5s Jan 1967 ser A. .A&O Mo Kan & Tex (old company)— 1st gold 4s 1990 -- ___ J&D Eq tr 6s 1927-35 (year).J&J15 6 Boonville RR. Bridge— 1st g gu s f 4s 1951___ M&N Dal & Waco 1st gu 5s '40-M&N f Kan C & Pac 1st 4s g '90--F&A f Mo Kan & E 5s 1942 gu.-A&O f Missouri Kansas & Okla— 1st g gu 5s May 1 '42.-M&N f M K & T of T 1st 5s gu '42 M&S f Sherman Shreveport & S— 1st M gu gold 5s 1943 J&D f S W Coal & Imp 1st 6s '29-J&J f Texas & Okla—5s 1943 .M&S f Mo Pacific RR (new company)— 1st & ref 5s Jan 1965 A__ F&A 1st & ref 6s 1949 ser D . F&A 1st & ref 6s 1955 Ser E.-.M&N 5% gold notes 1927 ____ J&J 6% secured notes 1930-- M&S Equip trust 5s 1927-40 (yr)M&S b Mo Pacific (old company)— Gen M 4s Mar 1975____ M&S Equip 6%s 1927-36 (year) F&A b Eq tr 6s ’27-’35 (year)-.J&J15 6 3d 7s ext to July 1938 at 4%_________________ M&N Cent Br Un Pac 1st g 4s’48 J&D Pac of Mo 1st ex g 4s '38.F&A 2d ext 5s gold 1938.-__ J&J St L R E 1st 5s 1938.-M&N Cardelet Br 1st 4%s’38.A&O St Louis Iron Mt & Sou— Unify & refg g 4s '29__ J&J Gen con ry & 1 g 5s '31-A&O Gen con stpd gu g 5s '31 A&O Riv & Gulf Div 4s'33. M&M Mobile & Birm—See Southern Ry Mobile & O—1st g 6s 1927.-J&D 1st exten 6s July 1927___ Q-J Gen g 4s 1938__________ M&S Eq tr 5s 1927 '38 (s-a) M&S b Eq tr 5s 1927-39 (year)__ J&J 6 Montgom Div g 5s 1947--F&A St Louis Div 5s 1927......... J&D St L & C 4s guar 1931___ J&J Mo’k & Malone—See N Y C & H Bid ___ ___ 92% 93% 100% 85% 103 92% 100% 86% 103% 92% 86% 87% 5.25 5.05% .... .... .... .... 135 ----.... .... 97 % 98 106 106% 106 106% 100% 100% 101 100 4.95 4.75% 70% 70% 5.10 4.90% 5.25 5% 91 82% 92% 101 ___ 97% 100% 93 97% 100% ___ 93% 101% 101 101% 90% 91% 4.90 4.70% 4.90 4.70% 100 99% 100% 96% 97 70 1st consol gold 5s 1928 A&O 101 Eq tr 4%s 1926-37 (year) A&O b 4.85 Nash Flor & Sheff—See L & N National Railways of Mexico— Prior lien g 4%s s f 1957--J&J f .... Jan 1914 coupon on_______ f --July 1914 coupon on_______ f ___ Assent cash warr & scrip on___ f 17% Gen mtge 4s 1977_______ A&O f .... April 1914 coupon off___ __ f ___ Assent cash warr & scrip on. f 20 % 8% gold notes June 1915 J&D f .... Nat RR of Mex p 1 g 4%s '26. J&J f .... July 1914 coupon on_________ f ■ .... Assent cash warr & scrip on f 29% 1st cons gold 4s 1951-_A&O f .... April 1914 coupon off.___ f ___ Assent cash warr & scrip on _ f 15% Nebraska—See C B & Q New Eng RR—See N Y N n & H New Hav & No—See NYNH & H N J Junction—See N Y Central New Jersey & New York—SeeErie New Lon Nor 1st 4s 1940-- J&J 85 New Mex Ry & C’l—See El Paso New Orl Gt Nor 1st 5s '55.-F&A 67 New Orl & North East 6s 1915— Extended at 5% 1940 .M&N Ref & impt 4%s '52 ser A.. J&J 96% New Orl Term 1st 4s 1953. _J&J 86 New Orleans Texas & Mexico— Non-cum inc 5s Oct '35 series A 100% 1st 5s 1954 series B-. _ A&O 100% 1st M 5%s 1954 series A .A&O 105 Newp & Cin Bdge—See L & N Newp & Rich—See Conn & Pass N Y B & M Bch—See Long Island N Y Bay Ext RR—See Long Isl New York Central RR— 107% 88% New York Central & Hud Riv— 80% Ref g 3%s July 1 1997.-J&J 95% Deb g 4s '34 tax-exempt M&N Deb 4s 1942 tax-exempt-_J&J 95% Ref & impt 4%s 2013 A.-A&O 96% Ref & impt 5s 2013 C . A&O 105% Eq tr 7s '27-’35 (year)..A&O15 6 4.90 Eq tr 6s ’27-’35 (yr)___ J&J15 6 5.05 NYC L eq 5s ’26-’37 (yr)-J&D b 4.75 NYC Lines eq 5s 1926-39-J&D 6 4.75 NYC Lines eq 4%s ’27-’28 J&J b 4.65 NYC L eq 4%s ’26-’37(yr)M&S b 4.70 NYC Lines eq 4 % s Sept 15 1926 to 1939 (year) ........... M&S 15 b 4.70 NYC Lines eq 4%s ’28-’35 J&J b 4.70 NYC RR eq 4%s ’36-’32. J&J 6 4.70 Bos & Alb eq 4%s ’26-’27.A&O b 4.70 L S coll tr g 3%s 1998___ F&A 79 M C coll tr g 3%s 1998...F&A 80% Beech Cr 1st 4s g gu 1936 .J&J 98 95 2d guar gold 4s 1936 .. J&J Beech Crk Ext 3%s '51 -A&O 81% Cart & Adir 1st 4s 1981 ..J&D 86% Clf Bit C Co 1st g 4s '40.-J&J 78 Gouv & Osw 1st 5s g 1942 J&D 99% Lake Shore & Mich South— Con g ref 3%s 1997___ J&D 81% Deb gold 4s 1928_____ M&S 98% Gold 4s 1931________ M&N 97% Cleve Short L 4 %s '61 A&O 99 K A & Gr R 1st 5s 1938-J&J 102 Kai & W Pig'n g 4s '40 _J&J 105 Mahon C RR 1st 5s, 1934. J&J 102 n Nominal. Ask 101% 4.70% 17% 21% 30% 16% 68 87 100% 100% 105% 108 89% 80% 95% 96 97% 105% 4.75% 4.90% 4.65% 4.65% 4.50% 4.60% 4.60% 4.60% 4.60% 4.60% 79% 96 98% 97% 103 RAILROAD BONDS May, 1926.] 33 NOTICE—All bond prices are “and Interest” except where marked “I” and income and defaulted bonds. Bid. Bonds. New York Central (.Concluded.)— Merch Dispatch Transp Co— Eq tr 446 s 1926_______ J&J Michigan Central— 5s coup ’31 D & B C div.M&S Deb gold 4s 1929_____ A&O Equip 5s 1926-30 (yr) _-A&O Equip 6s 1926-32 (yr).-M&S 1st 5s Ifal & S 11 1939- -M&N 1st mtge M Air L 4s '40-J&J 1st g 4s Jol & N Ind ’57J&J10 1st g 3Ms J L & Sag '51-M&S 1st gold 346s 1952 -- M&N BayC&BC 1st M g 3s’89J&D Bat C & S 1st gu g 3s’89 J&D Det lt Tun 4 46s '61 gU-M&N Grand Itiv Vail 4s ’59.-M&S Tol Can Sou & D 4s ’5S-J&.I Moh & Mai 4s 1991 - - -M&S Consol gold 3 46s 2002--M&S N J June 1st 4s gu 1986__ F&A NY & Har 1st g 346s 2000 M&N N Y & Nor 1st g 5s 1927--A&O N Y & Put 1st 4s g 1993--A&O Pine Creek gu 6s 1932___ J&D Pitts & Lake Erie 6s 1928--J&J 5s Jan 1 1928 . _ -A&O Eq tr 6 46 s 1926-’35 (yr) .A&O Pitts McL & Y 6s 1932-.J&J 2d 6s guar 1934 - - J&J St Lawr & Adirond 5s ’96.-J&J 2d gold 6s 1996_______ A&O West Shore 1st 4s 2361___ J&J N Y C & St L 1st g 4s 1937.-A&O 2d & impt 6s A B & C ’31-M&N Deb 4s May 1 1931. ___ M&N Ref 546s 1974 ser A__ A&O Ref 546s 1975 series B___ J&J New York Connecting RR— 1st M 446s 1953 series A__F&A 1st guar 5s 1953 series B.-F&A N Y & Gr’w’d Lake—See Erie N Y & Har—See N Y C & H R N Y & Jersey—See Hud & Manh N Y Lack & West—See D L & W N Y LE & W C RR—See Erie N Y & Long Br—See Cent of N J N Y New Haven & Hartford— Deb 6s Jan 15 ’48 conv..J&J15 Deb 4s May 1 1957--. M&N Ask. b 4.75 4.50% 10046 102 98 9846 6 4.75 4.65% b 4.95 4.75% ___ __ 96 95 M ___ 83 M ___ 85 46 ___ 65 97 9646 89 90 ___ 8546 7946 10046 10046 85 92 ___ 10646 ___ 101 5 5% 4.75% ___ 106 ___ 101 ___ 9846 102 10246 8646 8546 9446 9546 10346 10346 9544 9646 103 46 10346 103 46 10346 95 9446 10146 102 Deb 4s 1956 non-conv___ M&N Deb 4s 1947 non-conv___ M&S Deb 346s March 1947___ M&S Deb 3 46s 1954 non-conv.-A&O Deb 346s 1956 conv_____ J&J 15-yr secured 6s 1940----- A&O Bos & N Y A L 1st 4s g ’55 F&A Cent New Eng 4s 1961___ J&J Dutchess Co 446s 1940-J&D Danb & Norwalk 4s 1955--J&D Harl R & Portch 4s '54.-M&N Housatonic con 5s 1937--M&N Naugatuck 1st 4s 1954--M&N New Eng cons 4s '45 gu.-J&J Consol g 5s July 1 1945. J&J NY & NE Bos Ter 4s'29 A&O N Hav & North 4s '56 gu.J&D N Y Prov & Bos 4s ’42----A&O N Y Westchester & Bos Ry— 1st M g 446s 1946 gu.-J&J Prov Sec deb 4s 1957 gu._M&N Prov Ter 1st g 4s gu ’56.-M&S N Y & Nor—See N Y C & H R New York Ontario & Western— Ref 1st g 4s June 1992----- M&S Registered $>5,000 only_____ Gen M g 4s 1955 red.-Z J&D Eq 4 46sSept’26-Sept’28s-aM&S b N Y Phila & Nor—1st g 4s ’39J&J Income 4s Jan 1 1939___ M&N Stock trust ctfs 4s 1948.-J&D N Y Prov & B—See N Y N H & H N Y & Putman—See N Y C & HR N Y & Rockaway B—See L’g Isld N Y Susq & W—See Erie N Y West & B—See N Y N H & H Nord Ry s f 646s 1950. . A&O Norf & Caro—See Atl Coast Line Norfolk Southern— 1st & ref g 5s ’61 op ’15—F&A Norf & Sou 1st 5s 1941—M&N 1st gen g 5s 1954 opt__ J&J Rai & Cape F 1st 5s ’43..M&S Rai & Southp con 5s ’65--J&D Suffolk & Car con 5s ’52.-J&J Norfolk Ter 1st gu 4s ’61__ M&N Norf & West gen 6s 1931--M&N Imp & exten 6s 1934 ___ F&A New River 1st 6s 1932___ A&O N & W Ry 1st con 4s '96. - A&O Div 1st lien & gen g 4s July 1 1944 opt Jan 1 1929___ J&J Conv 6% Sept 1929____ M&S N & W Pocahontas 4s ’41-J&D Eq tr 446s 1927-32 (yr) .M&N b Eq tr 446s 1927-31 (yr)..F&A b Eq tr 4 46® 1929-32 (yr).-A&O b Eq tr 4 46s 1928-1935____ J&J b Scioto Val & N E 1st 4s’89M&N No & So Car—‘See Car At] & West N’east of S C—See Atl C L of S C Northern Cal Ry—See So Pac Northern Central— Gen & ref 5s 1974 ser A..M&S Northern Ohio—See L E & West Northern Pacific— Prior lien g 4s Jan 1997___ Q-J Gen lien g 3s Jan 2047—Q-F Ref & imp 446s 2047 ser A.J&J Ref & imp 6s 2047 ser B__ J&J Ref & imp 5s 2047 ser C..J&J Ref & imp 5s 2047 ser D-.J&J Eq tr 446s ’26-’32 (yr)..F&A15 b Eq tr446s 1927-1940---M&S15 b Eq tr 7s 1926-30 (yr)_M&N15 b St P & D Div g 4s 1996--J&D Wash Cent 4s Mar 1948--Q-M St Paul & Dul 1st 5s '31--F&A 1st consol g 4s 1968__ J&D Dul Union Dep 5s ’30--A&O No Pac Ter Co—1st 6s ’33--J&J North Ry- of Cal—See Sou Pac North Penna ext’d 4s ’36__ M&N Gen g 3 3-10s 1953______ J&J 100 6246 71 7146 7446 6646 64 64 99 7344 7146 8646 ___ 8846 9744 7446 8346 9546 8546 76 8546 10046 62 46 7446 6046 8446 75 63 7246 73 7246 6946 6646 6546 9946 74 72 89 __ 89 9846 ___ ___ ___ 78 6446 6446 4.90 4.50‘z, 9146 9346 88 88 87 7946 7946 8546 100 9146 9246 90 9146 ___ 106 10946 107 46 9246 8646 10046 93 ___ 92 ___ 9146 147 9246 4.70 4.70 4.70 4.70 8946 9246 149 ___ 4.55% 4.55% 4.55% 4.55% 9046 107 110 109 9246 104 90 91 6546 6546 93 46 11346 11346 10146 10246 10146 10246 4.85 4.70% 4.85 4.70% 5% 4.75% 82 88 10146 8846 Bonds Ask. 40 8646 92 46 77 44 86 8454 10144 9444 95 10146 9844 10744 113 M 10246 84 4.90% 4.65% 4.65% 4.60% 9556 55 100 9944 86 96 97 93 9346 9644 8744 8344 Bonds. Pitts Shaw & N—1st g 5s '49.F&A f Gold 4s Fob 1 1952_____ F&A f 6% receivers’ ctfs 1927___ F&A / Pittsburgh & Shawmut— 1st s f g 5s 1959 opt____ J&D / Pitts Shen & L E—See P Bess & L E 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 l’enn RR Pitts & Western—See B & O Pittsb Youngs & Ash—See Pa RR Portland & Ogdensburg 1st M 4 46s 1928 guar___ M&N Port & R Falls—1st g 4s '26-M&N Debenture 4s Aug 1927--F&A Portl (Me) Term gu 4s '61--J&J Guar 5s 1961___________ J&J Port Reading—1st gu 5s ’41 - J&J Ports Gt F & Con—See Bos & Me Potomac Val—1st gu 5s g ’41 .J&J Prov Sec Co—See N Y N H & H Providence Term—See NYNH&I1 Prov & Wore—1st 4s 1947 A&O Rai & Cape Fear—See Norf Sou Rai & Charles—See Seab A L Raleigh & Gas—See Seab A L Rai & Southp—Soe Norfolk South Raleigh & S "W—See Ches & Ohio Raritan River—1st g 5s '39. J&J Reading Company— Gen gold 4s Jah 1 1997- _J&J Eq 4 46s July ’26-Jan ’27 s-a J&J 6 Eq 5s (J&J) ’26-’32 ser J..J&J b Jer Cent g 4s '51 op '06. A&O Gen & ref 446s 1997 ser A.J&J Atlantic City gu 4s 1951 - J&J 1st M gold 546s 1929. M&N W & N A tr ctfs 4s red 105 Q-M Phila & R—2d 5s g 1933 A&O Imp M ext g 4s 1947 A&O Cons ext gold 4s 1937 M&S Term 5s g gu May 1 ’41 - Q-F Del R Ter p m g 5s '42 M&N Ex p mon g 5s 1942..J&J Wilm & No 1st 5s1927-J&D Gen g 5s Aug 1 1932..Q-F Phila & Read Coal & Iron— Coll s f g 4s ext ’32 gu F&A Renssel & Saratoga—See Del & H Rich Fredericksb & Potomac— Cons mtge 446 s 1940. - - A&O Rquip 6s Jan 15 ’28-’35 J&J15 6 Rich & Mecklenburg—See So Ry Rich & Petersb—See Atl Coast L Richmond Term—1st 5s 1952.J&J Richmond-Washington Co— Coll tr g gu 4s 1943 opt-.J&D Rio Gr June—See Denv & Rio Gr Rio Grande Sou—See Denv & R G Rio Grande West—See D & R G Rock IsldFrisco Term—5s '27 J&J Rock Isl Ark & La—See C R I & P Rutland—Con 446s 1941. _.J&J Ben & Rutl 446s g '27--M&N Ogd & L Ch 1st g gu 4s '48-J&J Rut! Can 1st g gu 4s 1949-J&J Eq tr 446s 1927 (yr)___ M&N b St Clair Mad & St Louis Belt— Alton Bridge 1st g 4s '51--J&J 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 St Lawr & Adir—See N Y Central St Louis A1 & T H—See Ill Cent 9346 75 k Last sale, 1 In London, Bid. .... 2 70 Ask. 5 80 .... 94 99 98 80 97 96 100 100 81 98 101 102 89 93 9746 4.75 4.50% 4.75 4.65% 9034 9146 98 9746 85 101 79 10146 92 93 9246 9346 10346 10446 10046 10046 9946 101 10146 92 5.15 102 5% 102J6 93 100 10046 8846 78 7746 7746 5% 4.65% 7346 8246 8346 9744 St L & Cairo—See Mobile & Ohio St L Iron Mt & Sou—See Mo Pac St L Mer Br Co—See Term RR st L Peo & N W—See Ch & N W N W St L Rocky Mt & P .5s 1955—See Misc C os,p.41 St L South—See Illinois Central St Louis-San Fran (reorganized) 108 Prior lien 4s 1950 series A J&J 8346 8346 10346 Prior lien 5s 1950 series B_ J&J 99 9846 Prior lien 6s 1928 series C _J&J 10246 10246 Prior lien 546 s '42 series D J&J 102 10246 Cum adj 6s July 1955____ A&O 9646 9646 Income mtge 6s July I960--Oct / 9046 9046 Eq tr 6s ’27-’34 (yr)____ J&J15 b 5.15 5% Gen mtge gold 6s 1931. .J&J 10546 Gen mtge gold 5s 1931-- J&J 10046 101 St Louis Southwestern— 87 1st g 4s 1989__________ M&N 8646 80 81 2d g inc 4s Nov 1989 __ J&J 1st consol g 4s 1932 J&D 9446 9446 96 1st term & unif 5s 1952.. J&J 9746 Eq tr 546s 1926-1939 (s-a) M&S b 5.10 4.90% Cent Ark & Ea 1st 5s ’40 op.J&J 9.3 46 10046 9446 94 Grays Pt Term g 5s 1947-J&D Shrev Bdg & Ter 5s ’55 gu F&A 9246 StephenvN&STex 5s’4O op.J&J 9346 9446 St Paul Bridge & Terminal Ry— 1st M 6s 1929 ___ __ ..J&J 10344 St Paul & Duluth—See Nor Pac 8844 St Paul East Gr Trk—See C&N W & N W 5% St P & K C Sh L—See C R I & P R I & Pac 9846 St Paul Minn & Manitoba— 1st consol g 4s 1933.-__ J&J 96 46 1st consol g 6s 1933..J&J 108 46 10946 1st cons red to 446s g 1933-J&J 9946 100 Montana ext 1st 4s 1937-J&D 9446 9546 Pacific Ext 1st 4s T1940--J&J 8946 9046 Eastern Ry of Minnesota— Nor Div 1st g 4s 1948--A&O 9146 9246 Mont Cent 1st gd 6s 1937-J&J 11046 11046 1st guar gold 5s 1937 __ J&J 10246 Wil & S F 1st 5s g 1938..-J&D 10246 10446 4346 St Paul & Nor Pac—See Nor Pac St Paul Union Depot— 1st & ref 5s 1972.._____ J&J 10446 Salt Lake City Un Dep & RR— 94 1st .vf 5s 1938 - M&N 9546 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 10946 & Basis. /This price includes accrued interest, Bid. North Wisconsin—See St P M & O Northw Term g 5s 1926 gu.-J&J 35 Norwich & Wor—4s 1927.-M&S 9946 Ogd’bu & L Cham—See Rutland Ohio Connecting—See Penn RR Ohio I & W—See C C C & St L Ohio River—See Balt & Ohio Old Colony RR— 4s Jan 1938__ _____ J&J 9146 3 46s July 1 1932________ J&J 9154 1st M 546s 1944 -. F&A 10646 1st M 5s 1945 series B__ J&D 10046 Oregon & California—See So Pac Oregon-Wash RR & Nav— 1st & ref g gu 4s '61 opt__ J&J 8644 Ore RR & Nav cons 4s ’46 J&D 9144 Oregon Short Line—See Un Pac Pacific Coast Co—See Misc Bonds Paducah & Ill 1st 446 s ’55__ J&J 96 46 Pan American 1st 5s ’34 opt.J&J / ___ Paris-Lyons-Mediterranean RR— Ext s f 6s 1958--____ F&A15 7646 S f extl 7s 1958______ M&S15 85 Paris-Orleans ext’l 7s 1954--M&S 84 Paulista Ry lst7s’42 ser A M&S15 10044 Pennsylvania RR— Con M 4s gold 1943__ .M&N 9346 do 4s gold 1948 M&N 94 do 4s gold 1948 sterling stamped dollar bonds— 94 do 446s g 1960----- --- F&A 10144 Gen g 446s 1965----------- J&D 9846 Gen g 5s Dec 1 1968____ J&D 10646 10-year gold 7s Apr 1 ’30--A&O 107 46 15-yr 646s Feb 1 1936___ F&A 11346 40-yr 5s 1964.. _____ M&N 10244 Con M 346s g £ 1945___ -J&J If 79 Eq tr 6s ’27-’35 (yr)___ J&J15 b 5.05 Eq tr 5s Mar 1927-38---M&S b 4.75 Gen equip 5s 1926-’39 (yr) A&O b 4.75 Eq tr 446s 1926-39 (yr)..A&O b 4.70 Aleg Val gen 4s 1942 __ M&S 95 Balt Ches & Atl 1st g5s’34 M&S 50 Belvidere Del gu 4s 1927..F&A 99 44 1st g gu 346s 1943 - - J&J 83 44 Cin Leb & Nor 4s 1942-- .M&N 90 Clev & Marietta 446s ’35 M&N 9644 Cleveland & Pittsburgh— Ser A 446s gen gtd 1942-J&J 10146 Ser B 446s gen gtd ’42--A&O 9946 Int red. to 314 %________ Ser C 3 46s gen gtd ’48--M&N 8546 Ser D 346s gen gtd ’50--F&A 8546 D Riv RR & B gu g 4s '36-F&A 94 Erie & Pittsburgh— Gen gu g 3 46s ser B '40--J&J 8846 Series C 1940_______ J&J 8846 Gr R & Ind ext 446s ’41--J&J 95 2d 4s 1936___________ A&O 92 Muskegon Div g 5s ’26--J&J 100 Holidaysburg Bedford & Cuinb 1st M g 4s 1951 guar—J&J 91 Ohio Connecting 4s 1943-M&S 92 Pennsylvania Company— Gu g 4s 1931 op 1921..A&O 9646 Gu tr ctfs g 4s 1952—M&N 8746 Gu tr ctfs g 346s 1937--M&S 8646 Gu tr ctfs g 346s 1941.-F&A 84 Gu tr ctfs g 346s 1942..J&D 8346 Gu tr ctfs g 346s 1944.-J&D 83 Ph Balt & Wash 4s ’43.-M&N 9444 Gen 5s 1974 series B__ F&A 11044 Pitts Cin Chic & St Louis— Con g gu 4 46s ser A ’40-A&O 9746 do Ser B 1942__ A&O 9746 do Ser C 1942...M&N 9746 96 u do Ser I 1963___ F&A do 446s ser J ’64.M&N 9746 do 4s ser D 1945.M&N 9346 do 4s ser F 1953--J&D 9346 do 4s ser G 1957-M&N 9346 do 4s ser II 1960-F&A .446 do 346s ser E '49-F&A 9346 Gen M 5s 1970 ser A-.J&D 10244 Gen M 5s 1975 ser B..A&O 103 C St L & Pits 1st 5s g’32.A&O 101 46 Pitts Va & Char gu 4s ’43-M&N 92 Pitts Young & Ash 5s ’27-M&N 9946 1st gen 4s series A 1948-J&D 9144 1st M 5s 1962 series B-.F&A 10046 1st gen 5s 1974 series C. J&D 10146 Sun & Lew 1st g 4s 1936--J&J 91 46 Tol Walh Valley & Ohio— 1st g gu 446s '31 ser A..J&J 98 1st g gu 446s '33 ser B...J&J 9846 1st g gu 4s ’42 ser C__ M&S 91 Penn & N Y Canal—See Leh Val Pennsylvania & Northwestern— General 5s Jan 1 1930 - J&J 10046 Clearfield & Jeff 1st 6s '27. J&J 10046 Peoria & East—See C C C & St L Peoria & Pekin Union Ry— 1st g 546s 1974 series A__ F&A 102 Peoria Ry Term—See Ch R I & P Peru Marquette (New Co)— 1st g 5s July '56 ser A___ J&J 10346 1st g 4s July '56 ser B___ J&J 8744 Eq tr 6s ’27-’35 (yr)___ J&J 15 6 5.20 LB & Det Riv 446s ’32.-F&A 9744 Perkiomen 1st 5s '18 ext to ’38 Q-J 2d 5s 1918 ext to 1938___ Q-J Petersburg—See Atl Coast Line 1’hila & Balt Cent 4s 1951--M&N 90 Phila Balt & Wash—See Penn RR Phila Newt & N Y 3s 1942..A&O Phila & Read—-Soe Reading Co Phila Wilm & Balt— Debenture g 4s 1932 ___ A&O 93 Phillippine Railway— 1st p 4s 1937 s f opt gu__ J&J 4244 Pine Creek—See N Y C& Hud Riv Pittsb Bessemer & Lake Erie— P S & L E 1st g 5s 19-10- -.A&O 101 Cons 1st g 5s July 1 ’43-.J&J klOO44 P B & L E eon g 5s 1947--J&J Pitts Char & Youghiogheny— Gen mtge gtd 4s 1932__ A&O Pitts C C & St L—See Penn RR Pitts & L E—See N Y C & Hud Riv Pitts McK & Yough—See NYC n Nominal, s Sale price, t Tax-exempt. RAILROAD BONDS AND STOCKS 34 [Vol. 122 NOTICE.—All bond prices are “and interest” except where marked “I" and income and defaulted bonds. Bonds. Sav Fla & W—See Atl Coast I.ine Sav & States—1st g gu 5s ’53-J&J Scioto Vail & N E—See Norf & W Scab Air Line—1st g 4s 1950-A&O Bid. Ask. .... 80% 81% Stamped_____________________ 81 80% Adj mtge 5s Oct 1 1949.-F&A f 80% 80% 72 Ref gold 4s 1959 opt____ A&O 72% 1st & cons 6s 1945 ser A..M&S 95 95% Equip trust 6s 1926-27__ J&D 6 5.10 4.75% Equip tr 6s (s-a) 1926-37-F&A 6 5.40 5.15% Atlanta-Birmingham Div— 92 1st g 4s May 1 1933___ M&S 92% Caro Cent 1st g gu 4s ’49--J&J 82% Florida Central & Peninsula— 1st 1 g ext 5s gold 1930--J&J 100% 1st cons 5s gold 1943___ J&J 100% 102 Sou Bound 1st g 5s '41-A&O 98 98% 98% Ga & Ala 5s Oct 1945- ..J&J 99% Ga & Ala Term 1st g 5s’48.J&D 97 98 Ga Caro & N—1st 5s g ’29_J&J 100 100% Rai & Charleston 4s 1956-F&A 60 Consol 4s 1956_______ F&A 60 __ Rai & Gaston—1st 5s g’47.J&J 98% Seab & Roanoke—1st 5s’26.J&J 100 .... 8eab-All Florida Ry— 1st gu 5s 1935 series A. .F&A 95% 95% Seacoast RR of N J 5s ’48--A&O — — Sebast & Mooseh 1st 5s ’28.M&S — — Shamokin Sundry & Lewisb’g— 2d 6s gold July 1 1925 ext at 5% to July 1 1945_____ J&J .... .... Sher Shrev & So—See M,i K & T Shrev Bdg & Ter—See St L So W Sierra Ry of California— 1st s f 6s g Apr 12 ’37-A&O12 82 Sioux City & Pac—See Ch & N W 67 72 Somerset Ry 1st & ref 4s ’55-J&J 1st M 4s Julv 2 1950_____ J&J 70 75 So Caro & Ga—See Southern Ry South Bound—See Seaboard Air L So Indiana—-See Ch T H & S E Southern Ill & Mo Bridge Co—1st M g 4s 1951---........... M&N 80 77 Southern Pacific Co— Coll tr 4s (C P) Aug 1 '49 J&D 89 89% Conv g 4s June 1 ’29 op ’14M&S 98 98% Conv g 5s 1934__________ J&D 101 102% 101% Coll trust 5s 1944_______ M&N 101 Equip 7s 1926-1935 (yr) J&D 6 4.90 4.75% Equip 5s 1926-1939 (yr)..M&N b 4.75 4.65% Equip tr 5s 1928-38 (yr)..J&D b 4.75 4.65% Eq tr 4%s 1928-40 (yr).-J&D b 4.75 4.60% Pacific Fruit Express equip 7s June 1 1926-1935 (yr) _ -J&D b 4.95 4.75% Aus & Nor 1st 5s g 1941.-J&J 100% Central Pacific ist ref 4s g guar 1949--F&A 91 1st g guar 4s Oct 1 1954. A&O 89 X 90 M 3%s g gu Aug 1 1929. J&D 97% Guar g 5s 1960_______ F&A 101% 101% m European loan 4s ’46--M&S 71 73 Galveston Harrisb & San An—■ Mex & P Div 1st 5s ’31-M&N 101 101% 2d M 5s 1921 gu____ J&J 100% 100% Houston East & West Texas— 1st 5s g May 1 1933..-M&N 100% 1st gu g 5s Mar 1933--M&N 101 Houston & Texas Central— 1st lien g 5s 1937_____ J&J 102 X Waco & N W Div 6s ’30 M&N 101% Nor Cal Ry g 5s 1929__ J&D 100 % No Ry of Ca’ 5s g gu 1938. A&O 104 ys Oregon & Cal 1st 5s 1927--J&J 10Qs/s 100% S A & Ar Pass g gu 4s ’43-J&J 88% 88% San Fran Term 1st 4s 1950 A&O 90% 90 So Pacific Br 6s 1937___ A&O 110% Southern Pacific RR Cal— 1st con g 5s gu 1937__ M&N 104% 92% 1st refg 4s 1955 op 1910-J&J 92% Stamped Federal Tax_____ So Pac Coast 1st g 4s 1937-J&J 94% Texas & N O con 5s 1943--J&J 100 101% Dallas Div 1st g 4s '30.F&A 95 Southern Railway— 1st consol gold 5s 1994___ J&J 106% 106% Develop & gen M g 4s ’56-A&O 85 85% Develop & gen 6s 1956__ A&O 110% 111 Develop & gen 6%s 1956-A&O 116% 116% Eq tr 6s ’27-’35 (yr)___ J&J15 b 5.10 5% Eq tr 5s 1926-39 (s-a)..-M&S b 4.85 4.70% Eq 4%s Nov 15 1926--M&N15 b 4.75 4.50% Eqtr 4%sOct ’26-’39 (s-a) A&O b 4.80 4.65% E Term reorg lien 5s 1938-M&S 100% 102% 1st Mem Div g 5s 1996-..J&J 104 89" St Louis Div 1st g 4s 1951-J&J Aiken Br 1st g 4s 1998___ J&J Atlanta & Charlotte Air Line— 1st M 4%s 1944 ser A..J&J 98 97 1st M 5s 1944 ser B___ J&J 103% Atl & Danville 1st 4s 1948-J&J 78% 78% 2d g 4s 1948_________ J&J 69 68 Atl & Yad 1st gu g 4s '49.-A&O 79 81 E T Va & Ga—Div g 5s ’30 J&J 100% Consol 1st g 5s 1956__ M&N 105% 105% Ga Mid 1st g 3s 1946____ A&O 72 71 L & N So joint g 4s—See L & N Mob & Birm pr lien 5s '45-J&J 100 Small____________________ 94 Gen M g 4s 1945_____ J&J 81% Small__________________ 78 Mobile & O coll tr 4s ’38-M&S 92 91% Rich & Dan deb 5s stpd’27 A&O 100% 100% Richmond & Mechlenburg— 1st g 4s Nov 1 1948---M&N 76 80 So Caro & Ga 1st 5%s ’29 M&N 101% 101% Virginia Midland— Series F 5s 1931........... .M&S 100 General 5s 1936_______ M&N 102 Va & Southwest 5s 2003.-J&J 100% 103 1st cons g 5s 1958____ A&O 93% 91% S & N Ala—See Louisv & Nashv South Pac Coast—See South Pac Spartan U & Col—See Ash & Spar Spokane Falls & Nor 6s ’39--J&J Spok Intemat 1st g 5s 1955.J&J 80 84% State L & Sulliv 4%s 1929.J&J 97% Staten Island Ry—See Balt&Ohio Stephen N & S Tex—See St L S W Surf & Carolina—See Norf & So Sunbury Hazleton & W-B— 1st 5s May 1 1928............ M&N 2d mtge inc 6s 1938 coup.M&N Sunbury & Lew—See Penn RR b Basis. /This price Includes accrued Interest, 200% stock dividend. Bonds. Bid. Sup Sh Line—See C St P M & Om Tampa & Gulf Coast— 89 1st g 5s 1953______ _____ A&O Tampa & Jacksonville— 15 1st M 5s 1949 ctf dep___ A&O 95 Tampa North 1st 5s ’36 op-J&J Tennessee Central Ry— 99 1st m 6s 1947 Ser A______ A&O Term RR Assn (St Louis)— 97% 1st gold 4%s 1939______ A&O 1st consol gold 5s 1944 F&A 102 86% Gen ref s f g 4s ’53 op TO-J&J St L Br 1st g 7s 1929____ A&O 105 99% St L Mer Brdge T—5s *30 A&O Mer Brdge 6s ’29 op '09 F&A 102 Terre Haute & Peo 5s 1942-M&S Texarkana & Ft Smith— 1st m 5%s 1950 guar____ F&A 102% 78 Texas City Term 6s 1941-J&J26 Texas & New Orleans—See So Pac Texas & Okla—See M K & T Texas & Pac 1st 5s 2000___ J&D 105% 2d inc g 5s Dec 2000____ Mar f 95% LouisianalDiv 1st 5s 1931-J&J 100% 5% Eq tr 5s 1926-’39_______ M&N 96% Denison & Pac Sub 1930-M&S Weatherford Min W & North— 97% 1st guar f 5s 1930_____ F&A Tex Pac-Mo Pac Term RR— 1st M g 5%s 1964______ M&S 102% Tol Can So & Det—See Mich Cen Tol & Ohio Cent 1st 5s 1935--J&J 101% West Div 1st 5s g 1935__ A&O 100% General gold 5s 1935____ J&D 100% 86% St Mary’s Div 4s g 1951-F&A 5% Eq tr 4%s 1927 (yr)____ J&J 5.20 Eq tr 6s 1927-1935 (yr)-J&J15 85% Kana & Mich 1st 4s 1990..A&O 2d mtge gold 5s 1927__ J&J 5.20 Eq tr 6s 1927-35 (yr).J&J15 94% 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 91 Tol Term 1st 4%s ’57 gu__ M&N Tol Walh Val & O—See Penn RR Toronto Hamilton & Buffalo— 88% 1st gold 4s June 1 1946__ J&D 69 Ulster & Del cons 5s 1928__ J&D 41 1st ref gold 4s 1952_____ A&O Union Pacific— 94% 1st ry & land gr 4s g 1947.-J&J 99% Conv 4s 1927.___________ J&J 90% 1st & ref 4s June 2008___ M&S 1st & ref 5s June 2 2008__ M&S 108% 10-year 6s July 1928_____ J&J 102% Eqtr4%s 1928-38 (yr)..-M&N & 4.70 Eq 4%s Mar 15 ’29-’39_M&S15 & 4.70 Equip tr 5s 1927-37 (yr)-.M&S 6 4.75 Equip tr 7s 1926-’35 (yr).-J&D b 4.90 Ore RR & Nav—See Ore-Wash Ore Short Line 1st 5s 1946-J&J 106% 1st cons guar 5s 1946__ J&J 106% 98 Ref g gu 4s ’29 opt ’07-.J&D Utah & Northern— 94% 1st 7s ’08 ext at 4 % to ’33 J&J 99% Consol gold 5s 1926___ J&J Union Terminal Co (Dallas)— 1st g 5s 1942 opt 1922___ A&O 100 United N J RR & Canal Co— 98 General gold 4s 1929____ M&S 93% General gold 4s 1944____ M&S 83% Gen lstg3%sMar 1 ’51-.M&S Upper Coos—See Maine Central Utah & Northern—See Union Pac Utica Clin & Bing—See Del & H Vandalia RR— 89% Cong 4s 1955 series A____F&A Series B 1957_________ M&N 88% Vera Cruz & Pacific RR— 1st gold 4%s 1934 opt____ J&J 23 July 1914 coupon on______ ___ 1st gold 4%s 1934 assenting__ 81 Vermont Vail 1st 4%s 1940-.A&O Vicksburg Shreveport & Pacific— Pr lien 6s T5 ext 5% ’40-.M&N 100% Gen 5s May 1 1941_____ M&N 98% Ref & impt 6s 1973 ser A-M&N 106 Virginia Midland—See South Ry Va & Southwest—See South Ry Virginian Railway— 1st M gold 5s 1962 opt__ M&N 102% Eq 6sAOct’26-Apr’30(s-a) A&O 6 4.90 Wabash—1st gold 5s 1939.-M&N 102% 2d gold 5s 1939---------------F&A 101 Deb mtge 6s series B 1939-J&J f 1st lien term gold 4s 1954_-J&J 84% Ref & gen 5%s 1975 A___ M&S 103% 6% notes 1930---------------M&S 100 5.20 Eq tr 6s 1927-’35 (year)-J&J15 Det & Chic ext 1st g 5s '41-J&J 102% Des M Div 1st g 4s 1939--J&J 86% K C Excelsior Spgs & N W— 1st 4s 1928___________ J&J 93 Toledo & Chic 4s g 1941--M&S 90% Omaha Div 1st 3%s g ’41-A&O 82% Waco & N W—See Hous & Tex C Warren RR—See D L & W Wash & Colum Riv 4s 1935--J&J .... Washington Cent—See Nor Pac Wash Co Ry—See Maine Central Wash Term Co—3%s 1945..F&A 83% 1st gold 4s 1945 guar____ F&A 91 Washington & Vandemere— lst4%s 1947___________ F&A 96 Weath’d Min W & N—See Tex&P West Jersey & Sea Shore— Consol gold 4s 1936____ J&J 94% Cons 3 %s g series B 1936.-J&J 90 West Maryland 4s 1952____ A&O 70% 5% gold notes 1915 opt__ 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 100% Gen mtge gold 4s 1943___ A&O 86% Income g 5s Apr 1943.__ Nov 1 —Western Pacific RR Corp— 1st M 5s 1946 series A___ M&S 100% 1st M 6s 1946 series B___ M&S 103% 4% notes 1930_________ A&O 94 Eq tr 5%s 1926-38 (yr)...J&D 5.10 Western Pa—1st g 4s 1928.-J&D 97% West Ry of Ala—4%s 1918 ext at 6% to Oct. 1 1928.......... .A&O West Shore—See NYC & H R RR k Last sale, tin London, Ask. 91 96 100% 103 87% 106 101% 103 — 102% — 105% 98 100% 4.80% 98% — 103 ’01 Bid. Bonds and Stocks. West Side Belt—See Pitts Term West Va & Pittsb—See B & O Wheeling & Lake Erie RR— 1st consol gold 4s 1949___ M&S Ref M 4%s series A 1966-M&S Eq tr 4s 1927 (year) _____ A&O: L Erie Div 1st g 5s 1926-.A&O Wheeling Div 1st g 5s ’28--J&J Exten & impt g 5s 1930__ F&A 6% notes Jan 1933__________ 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 Ry— 1st g gu 4%s 1941 opt__ M&N Wilkes-B & East—See NYS & W Williamsport & N Branch RR— 1st ref gold 4%s 1931____ J&J Wilmar & S Falls—See St P M&M Wil & Newbern—See Atl Coast I Wil & Nor—See Phila & Reading ‘ Wil & Weldon—See Atl Coast L Winston-Salem Southbound— 1st gold guar 4s 1960____ J&J Winston-Salem Terminal Co— 1st M gold 5s 1966______ A&r Wis Cent Ry—1st M g 4s ’49 J&J 1st & ref 4s 1959________ A&i 5%s g notes Apr 15 ’27-A&O1,' Marshfield & South East Div pur mon 1st g 4s 1951--M&N Sup & Dul Div 4s 1936__ M&N Minneap Term 3 %s ’50 opt J&J WorNach&Roch—4s Jan ’30 J&J 4s Oct 1 1934____________A&O Yosemite Val s f g 5s 1936__ J&J ) Ask. 87 87% 86% 87 4.9i 4.60% 99% 100% 100% 99% 99% 88 91 /' 135 /' 125 .... .... .... f ___ .... 88 88% 83% 75 100% 85% 76 100% 82 89% 65 85 80 .... 90 4.80% 5% 70 102 RAILROAD STOCKS. Par 5% Ala Great Southern com_____ 51 1 100 s 102 Preferred_________________ 5( I iOO s 105 95% Alabama & Vicksburg_______ 10( 108 35 Albany & Susquehanna (guar) 10( 203 207 Allegheny & West (guar)____ w< lb8 ill inn Arbor common_________ 10< 44% Preferred________________ I0< 92 69% Itch Top & Santa Fe________ 101 jc 130 130% Preferred________________ 10< 99 99% Atlanta Birm & Atlantic____ 10( 1% 1% 72 ttlan & Char Air L (guar)___ 10( 179 182 43 Atlanta & West Point_______ 100 175 185 Atlantic Coast L Co of Conn - . 51 210 220 Atlantic Coast L RR com___ 10< d 202 95 203 99% Atlantic 1st leased lines rent tr. - Id 73 77 90% kugusta & Savannah (guar)_.10< 99 101 109% Jalt & Ohio—Common_____ 10( 88% 88'4 Preferred________________ 101 102% 69 4 69% 4.60 /, (angor Aroostook common__ 51 1 40% 41% Preferred________________ 100 100 4 4.60% 4.657, leech Creek (guar NYC).__ 51 1 10% 41% 169% 170 4.75% loston & Alb (gmr N Y O)__ 100 Boston & Maine com (stpd)..10( 44 44% 107% 39 Preferred unstamped___ -.100 107% 1st preferred A unstamped. 100. 64% 65 98% 1st preferred B unstamped. 100' 90 95 1st preferred C unstamped .100 80 85 1st preferred D unstamped-100 118 122 100 1st preferred E unstamped-100 35 lost & Prov (guar Old Col)__ 101 178 — 100% loston Rev Beach & Lynn__ 100 Srunswick Ter & Ry Sec Co..100 12% 98% tuffalo Roch & Pittsburgh__ 100 65% Preferred________________ 100 90 95 — luff & Susq RR Corp________ 100 80 45^ Preferred________________ 100 48 lamden & Burl Co (guar).__ 25 30% lanada Southern___________ 100 59% 61 lanadian Pacific____________ 101 ■ 157 158% Preferred________________ 100 Id 74 76 .... O iroClinchfield &Ohio com3% 100 82 84 Common 5%_____________ 100 97 98% latawissa RR—1st pref (guar) 50 : 43 44% 2d pref (guar P&R)________ 50 : 43 24 44% 23% Cayuga & Susq (gu D L & W). 80 44 48 Central of New Jeisey_______ loo 260 270 Chesapeake & Ohio common..100 124% 124% Common ctfs of deposit___ 100 102 6% % cum pref Ser A_____ 100 123" 128" 100 6% % pref ctfs of deposit__ 100 107 Chicago & Alton RR________ 100 '7% "8" Certificates of deposit_______ 5 10 Preferred________________ 100 10% 11 Certificates of deposit _____ 103 4.70% Chicago Burl & Quincy______ 100 177 182" 102% Chic & East Illinois common. 100 30% 30% Preferred________________ 100 101% 40 41% Chicago Great West com_____ 100 8% 9% Preferred________________ 100 84% 19% 20 103% Chic Ind & Louisv common___ 100 86 90 Preferred________________ 100 101 67 70 5% Chicago Milw & St Paul com .100 10 10% Common ctfs of deposit____ 100 9% 10% Preferred________________ 100 87 15% 16% Preferred ctfs of deposit____ 100 15% 16% Chicago & North Western___ 100 71% 72 Preferred________________ 100 126% 127 Chic R I & Pacific common___ 100 49 83 49% 7% preferred_____________ 100 98% 99% 6% preferred_____________ 100 86% 55^ St Paul Minn & O___ 100 45 —- Chicago Preferred________________ 100 98 110 Cine Indianap & Western____ 100 Preferred________________ 100 85 .... Cine New Orl & Texas Pacific. 100 « 273 280 Preferred________________ 100 101 102 .... Cine Sandusky & Oleve pref.. 50 d 61 63 Cleve Cine Chicago &StL___ 100 223 226 Preferred________________ 100 122 130 96% Cleve & Pitts (guar Pa RR).. 50 d 70% 71% Betterm’t stk (guar Pa RR) 50 40% 41% 70% Colorado & Southern________ 100 57 59 1st preferred_____________ 100 — 68 2d preferred______________ 100 — 60 Columbus & Xenia (guar).____ 50 91 94 Conn & Pass Riv pref_______ 100 102 88 90 Cripple Creek Central_______ 100 87 3 4% Preferred______________ — 20 22 Cuba RR preferred__________ 100 76 100% Dayton & Mich com (guar)____50 39" 36 Preferred (guar C H& D)._ 50 103% 81 83 Delaware & Bound Br (guar) .100 159 95 162 4.90% Delaware & Hudson_________ 100 159 161 98% Delaware Lack & Western__ 50 d 136% 137% Delaware________________ 25 d 40 41% Denv & Rio Gr W pre!_______100 40 41% m Dollars per 500 francs or £20. n Nominal, t Sale price. tEx- Mat, 1928.] BAILBOAD STOCKS—LAND BANK BONDS AND STOCKS NOTICE.—All bond prices are "and Interest" except where marked *-f" and Income and defaulted bonds. Par. Bid. Stocks. 78 Detroit Hills & S W (guar)___ 100 34 Detroit & Mackinac_________ 100 55 Preferred________________ 100 4 Duluth South Shore & Atl____ 100 Preferredl________________ 100 5X East Penna (guar P & R)______50 d 59 Elmira & W’msport (guar)____50 d 40 Preferred (guar Nor Cent). 50 d 54 Erie—Common___________ 31X Common ctfs of deposit-. 39X 35" eposit__ d 77" Erie & Kalamazoo (guar).. d 63 Erie & Pitts (guar Pa RR). 10 60 Pt Dodge Des M & So com__ 100 30 Preferred ______________ 105 Pt Wayne & Jack pref (guar: 208 Georgia RR & Bank Co (gu). ___ 94^ ___ Great Northern Ry—Pref. _ 73 X Ore certificates_____ (no par) d 21X 77 28 Gulf Mobile & North com.__ 100 100 Preferred______________ 25 160 Preferred____ (untingd & Broai Preferred v t c. Stk tr ctfs—See RR Securs Co 38X 74 d .... d ___ 119X 120 79 ___ 25M xd 63 IX 128 104 Preferred Iowa Central. K 6 Ft Scott & Memphis Ry— Pref Cent Tr ctf dep stpd..10 K O St L & Chic—Pref (gu)—10 Preferred____________ Lackawanna RR of N J. Preferred ______________ Little Miami original guar__ Spec guar betterment stk_. Lit Schuyl Nav RR & Coal (gul Louis & Mo Riv pref (guar).. Louisv Hend & St L com.__ Preferred________________ Mahoning Coal RR. Preferred . Preferred. Mobile & Ohio- 75 101 41X 62 81X d 82X d 100 d 92 d 41 d 40 100 170 85 125 d 850 d 52 56 78 X 1000 d 51 X 2X 35" 56 63X i 24X d 37 X 90X i 32 X i 80 X 75 d 80X i 150 >d 39 5X i 2X 1 130 12 120X i 120 124 New York Central RR_____ 10 Dividend payable In London. Zdl27 158 N Y Chic & St Louis com___ 10 Common ctfs of deposit-__ 10 99~ 1 95 6% d 187 NY& 105 36X 22X N Y Ontario & Western0 30X ) 146 X ) xd 83 ) 142 Northern Cent (guar Pa RR). ) d 80X 82 North’n N H (guar B & M)_. ) 0 71X 3 64 d 117 3 d 82 3d 83 3 114 ) Zdl20 ) d 89 Pennsylvania RR)z 51X ) 114 ) 19 0 81X Preferred Preferred Prior prei 0 ) 76X 85 0 d 122 Phila Germ & Norris (guar)_ Phila & Trenton (gu Pa RR).l ) 267 ) d 30 ) d 60 Preferred . ) 90 ) 136 ) 144 ) d 148 Pittsburgh & Lake Erie. Od 51 Ask. | Bonds and Stocks. Par. 79XlF —— F ----- F 4X F 4% 111 Cent stk ctf 1952—1000 6X 62 F 43 Rights (expire July 1)_______ 1st preferred_____________ 50 32 2d preferred______________ 50 ———— A 39X I Dividend obligations______ 100 37" 6% guaranteed___________ 100 7% guaranteed___________ 100 80" I 65 J 13 I 65 fi t Louis Bridge 1st pref_____ 100 15 2d preferred_____________ 100 40 g 107 Pref stock series A_______ 1O0 210 g 155 Preferred________________ 100 97 g 170 g Preferred________________ 100 73 X 22 g g 83 28X S lOOX, Preferred________________ 100 — Mob & Ohio stk tr ctfs___ 100 170 g Bid. 103 141X 153 AsA:. Bonds and Stocks. 104 143 Lincoln—5s 1951 opt 1931. M&N 5s 1943 opt 1928.............. M&N 5s 1942 opt 1927.............. M&N 4Xs 1965 opt 1935_______J&J Louisville—5s 1952opt 1932M&N New York 5s 1953 opt 1933. J&J 5s 1955 opt 1935.......... J&J N Y & N J 5s 1953 opt '33.-J&D 5s 1954 opt 1934............ ..M&N 5s 1955 opt 1935________ J&D N Y & Pa—5s '53 opt '33—.J&J No Caro—5s '53 opt '33___ M&S 6s 1952 opt 1932.............. M&N 5s 1955 opt 1935_______ F&A Ohio—5s 1953 opt 1933—.M&N Ohio-Penna 5s 1954 opt 1934.J&J Ore-Wash—5s '52 opt '32. .M&N Pacific Coast Jt Stk Land Bk— Portland, Ore—5s’53op’33 J&J 5s 1954 opt 1934____ M&N 5s 1955 opt 1935_____ M&N Los Angeles—5s ‘53 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 Potomac 5s 1954 opt 1934..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 San Antonio 5s '53 opt '33-M&N 5s 1953 opt 1933............ M&N 5s 1954 opt 1934 ........... M&N Shenandoah Val 5s '45 op '35 J&D Sioux City—5)4s '51 op '31 M&N 4Xs 1955 opt 1935____ F&A South Minn—5s '53 op '33.M&N 5s 1952 opt 1932............ M&N 5s 1964 opt 1934.......................... Union (Detroit) 5s 1955 opt 19354 Xs 1955 opt 1935 J&J Union (Kentucky & Tennessee)— 5s 1952 opt 1932_______ M&N Virginia-Caro 5s '54 opt '34.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 Par STOCKS 36 Bid. Ask 100 X 100 99 X 100 101) 4 100)4 101 100)4 100 X 101 100)4 JOOX 100)4 100 X 99 X 102) 4 100 102 101 100X 101X 103 X 102)4 103 102)4 102 X 103 102 X 102 X 102 X 102 X 100X 103 X 101 x 73 72 X 86 85J4 17 18)4 41 41)4 42 41 124 126 283 '286" 283 283 283 101 99 96 100 50 46 116 114 58 101 56 102 X 92 101 102 X 91X 87 86 101 103 X 100)4 102 X 69 6854 101 78 78)4 102X 102 101 98 102 X 31 100)4 102 X 3054 101 35 103 35)4 42 45 100)4 102X 100 x 102 X 100)4 100)4 100)4 102 X 111)4 11154 91 100 9054 101X 81 101 103 79 102 100 102 99 52 100 102 5254 63 100 102 60 39 I q 116 100 x 102 X 74X 0 .100 114 148 ----- I .100 147 78 .100 78 X Preferred . 206 204 99 X 101X 120X I 121 119 125 1 99 X 101)J 40 43 100 101 81 I 101 99 102)4 104 A .100 100 100 102 100) 4 93 89)4 27X i 94 66 91 Preferred_______________ 100 101X 103 X 105 101 95 102X 2X A irginian Railway_________ 100 135 i 40 X 4054 101)4 103 X 100)4 102X 107 .100 71X 7154 Preferred A. 100 102 65 61 .100 Preferred B. 71 ioox .... A 69)4 102X 12 100 102 105 A 1154 42 72 65 1st preferred_____________ 100 64 1854 2d preferred______________ 100 1754 83 A restern Pacific RR Corp___ 100 35 34 X 80 135 83 Atlantic 8%__________________ 125 79)4 Preferred________________ 100 Bankers of Milwaukee 4%_ 100 100 115 ! 44 45 ----- A 21 Chicago 10%............................... 100 130 138 95 ’ 20)4 43 42)4 Dallas 10%................................. 100 135 41)4 .100 Preferred__________ 42 135" Denver 8%.__ -______________ I 125 106 110 JOINT STOCK LAND BA NK B ONDS Des Moines 4%_____________ 100 100 Equitable Macon Mo 6%______ — 200 130" 92 100 X 102 X First Carolinas 8%_____________ 120 127 125 tlanta—5s 1952 op 1932.-J&D 100)4 10254 Freemont 9%_________________ 1 115 140 Kansas City 10%____________ 100 133 900 5s 1955 opt 1935.............. MAN 101X 103 138 ----- J tlantlc—5s 1953 op 1933—M&S 100)4 102 X Lincoln 9%................................. 100 130 102 New York & N. J..................... 100 HO 125 5s 1952 opt 1932________ M&S 100 142 80 5s 1954 op 1934................... J&J 100 X 102 X North Carolina 4%_____________ I 135 1050 5s 1955 opt 1935________J&D 10054 10254 Oregon-Washington 6%________ ; __ 120" 100 101 San Antonio 8%_______________ 1 110 52X ] ankers—5s '53 op '28___ J&J 102 South Minnesota____________ 100 100 110 5s May 1352 op 1932___ M&N 100 2X 99 X 101) 4 Virginia 10%____________ 5 d 7 7X 414s 1955 opt 1935______ J&J 36" lalifornia—5s 1951 op 1931.M&N 100 REAL ESTATE BONDS. 59 'entral Ill—5s '53 op '33__ J&D 100)4 102 X 66 5s July 1 1953 op 1933...J&J 100)4 102) 4 Allerton Cleve Bldg 6Xs 1945—1 94 x 96 25X ' lentral Iowa—5s 1953 op'33 A&O 100 X 102 95 97 5s May 1 1942 op 1927—M&N 9954 10054 'Allerton 55th St Corp(NY)5)4s’45 38 X Amer Furniture Mart 7s 1933J&D 101 100 102 91 1 4Xs Nov 1 '52 op '32___ M&N 99 lstsf6Xs 1943_________ J&D 103 104 32 X < Ihicago Joint—514s '61 op '31.. 102 X 104 98 )4 6s 1951 of 1931............... .M&N 100)4 102 X Belmont Bldg (NY) 6Xs '44.F&A 99 X 81 X 77 99 X 100X 102 X Biltmore-Commodore 7s '34.M&S 5s 1952 op 1932................M&N 101 92)4 5s 1963 op 1933............... M&N 101X 10254 Bing & Bing deb 6Xs 1950.M&S 94 X 99 X 100 x 414s 1952 op 1932..............M&N 100)4 101)4 Broadway Bldg (N Y) 5Xs 1950. 81X 175 98)4 4Xs 1963 op 1933............M&N 100 X 101) 4 Bway Mot Bldg (N Y) 6s’48.F&A 99 X 92 Bryant Pk Bldg (NY) 6)4s ’ 45J&J 95 41 99 100 X 414s 1952 op 1932..........M&N 98 6X 414s 1964 opt 1934______ M&N 99 X MO 54 Bush Term Bldg 1st 5s 1960.A&O 94 97 4Xsl965op 1935________ A&O 9954 10054 Court Sq Bldg (NY) 6s '58—M&N 2X 133 , 101 10254 Detroit Hotel 6Xs 1929-41.M&S 6 5)4 to 6X Det Metrop Bldg 6Xs 1940-M&S 103 97 17 101 100 124 102 X Edgew Bch Hotel I Chic) 6s ’26-’4O (alias—5s 1953 op 1933—.M&S 101 125 101 102) 4 Ferry Sta P O (San Fr) 6s 1934— iod" 102" 5s 1954 opt 1934. 125 101 102 X 50 Bway Bldg (N Y) 6s '46.M&S 5s 1963 opt 1933. 99 X 99" 100 129 101 102) 4 Garrett Bldg (Chic) 5Xs 1926-40 5s 1965 opt 1935................. J&J 514s 1951 op 1931........... .M&N 10154 103 X Greeley Sq Bldg 6s 1950___ F&A 159X 99" 97)4 10054 10254 Harriman Bldg 6s 1958__ J&J 100 98 100 101X Jewelers Bldg (Chic) 7s '40.J&D 99 X 99 — 101 10154 103 X Jewelers Bldg (N Y) 6Xs '44 M&S 93 195 10154 103) 4 Lake Sh Ath Club (Chic) 6)4s '45 5s 1955 opt 1935............. 1*F&A 96 106 5s 1956 opt 1936_______ F&A 10154 103)4 La Salle Hotel 5Xs 1940_______ _ 97)4 94 95" 37 100)4 Loew’s New Brd Prop 6s’45.J&D, »es Moines—5s '52 opt '32.M&N 100 5s 1963 opt 1933.......... ...M&N 100)4 102 X Lond Gu & Acc Bldg (Chic) 6s '62 100 X 101X 22 X Mack Trucks R E Sec 6s 1926-40. 100 101 30 X irst Carolinas—5s'52op'32.M&N 100) 4 102 147 104 5s 1954 opt 1934.............. A&O 10054 102 X Mad Sq Garden 1st 7s 1945.M&N 101 10-year 7s 1936_________ J&J 110 85 10254 5s 1955 opt 1935_________ J&J 101 IOO" 146 99 Irst of Chey—5s’52 op'32 M&N 10054 102)4 MorrisonHotel(Chic) 6Xs’39 A&O 102 Munson Bldg (N Y) 6Xs’39.M&N 99 X 100 x 82 X Irst of Clev—5s '53 op ‘33-M&N 100 'irst of Minn—5s '51 op '31 M&N 9954 101) 4 Nat Press Bldg (Wash, D C) 6s’59 99 X 100X Nat Union Mtge 6s 1945___ M&S, 98 100 6s 1952opt 1927............... M&N 9954 101 71X QO 67 6s 1952opt 1932........... ..M&N 100 10154 One-Seventy Bway (NY) 6Xs '49' 97 Palace Hotel (San Fr) 5s '45-F&A n 100 120 5s 1953 opt 1933............. .M&N 100 X 102 100X 83 96 X 5Xs 1951 opt 1931______ M&N 101) 4 103 X Param Bway Corp 5Xs’51—J&J 96 X 93 86 94 op '34 100)4 102) 4 Park Lexington Co 6Xs ’53..J&J 98 M &N " 101 100 102 X Park Row Bldg 6s 1943____ A&O Pennsylvania Bldg 6s 1939.-M&N 95 124 irst Texas—5s '42 opt '32.M&N 100)4 102 98 96 91 98 6s 1943 opt 1933............ M&N 100)4 102) 4 Postum Bldg 6Xs 1943___ M&N Quincy Station P O (Chic) 6s 1941 100 5s 1965 opt 1935_______ M&S 101X 103 51X 98 ioo" 117 1 opt 100)4 101)4 Realty Assoc Sec Corp 6s '37. J&J Roosevelt Hotel 7s 1943___ J&D 102 21 .M&N 100 96 X 4Xs 1955 opt 1 935. 98 X 102 St Charles Hotel (Atl Cy) 6Xs '45 100 82 96 100 6s 1952 opt 1932.......... .M&N 100 10154 Savoy-Plaza Corp 6s 1945. -J&D 99X 100 Schulte R E Estate ys 1935-J&D 93 99) 4 101X 4Xs 1965 opt 1935_____ J&D 94 76X Sevilla-Bilt Hotel 7Xs’37—M&N 99 101 reensboro(NO)5s’53 op '33 A&O 100) 4 102 98 85X"Greenbrier 5s 1964 opt 1934. A&O 101) 4 103) 4 Shelburn, Inc (AtlCy) 6 X s’40 - J& J 100 115 5s 1965 opt 1935................. J&J 101)4 103 X Shubert Theat 7s '34 (with warr). 113 Sixty-One Bway 5Xs 1950.-A&O 103 124” Ill-Midwest—5s '53 op '33.A&O 101 99)4 100X Gen mtge 7s 1945___________ 97)4 101 5s 1954 opt 1934............. J&D 101X 103 X 31 5s 1955 opt 1935................M&N 101X 103 X Stanley Real Est 5Xs '45..J&D 100 X 101X Kansas City—5s '52 op '32.M&N 100 100)4 State Randolph Bid 6)4s’37 M&S 102)4 103X 61 100)4 Stevens Hotel (Chic) 1st 6s 1945.. 100 5s 1953 opt 1923.............. M&N 100 101X 97 139 6s 1954 opt 1934.................. F&A 100) 4 102)4 Taft Realty (New Hav) 6s’40A&0 100 98 146 100 5s 1964 opt 1934.............. M&N 100 X 102 X Transp’n Bldg (Chic) 1941.M&N 151 101)4 103 6s 1964 opt 1934................ M&N 100 X 102)4 Trinity Bldg 5Xs 1939........ J&D 94 99 96 54 10054 Tylor Bldg 6s 1953_______ A&O 4X« 1965 opt 1935........... A&O 99 Kentucky—6s 752 opt '32__ M&N 102 103 X Un Masonic Temp (Ch) 6Xs 1949 100X 98 100 5s 1943 opt 1928.................. F&A 100 101X Van Sweringen Co 6s 1935.-F&A Varick St Sta P O (N Y) 6s 1941, 99)4 101 6s 1954 opt 1934......... -J&J 10254 104 Wab-Monroe Bldg (Chic) 6Xs '45 102 100 98 Liberty Cent—5s '52 op '32.M&N 100 Wadsworth Bldg(NY)6s '53.A&O 102 97 5s 1953 opt 1933.................M&N 100 99 Wardman Park Hotel 5Xs 1941 _ 99 X 100 Washington Bldg 6s 1940__ J&D 99 101 White Motor Realty 6s 1926-40_ 99 X 101 Woodbridge Bldg 5Xs '41..A&O 99 100 6 Baals, d Price per share, not per cent. J Flat price, k Last sale. I In London, n Nominal. • Sale price, t New stock. « Ex-stock dividend, s Kz-dlvldend. y Bx-rlgbts. 36 PUBLIC UTILITIES (Includes street and electric railways, gas. electric, power, water and telegraph and telephone companies.) NOTICE.—All bond prices are “and interest” except where marked “f” and income and defaulted bonds. Bonds. Adirondack Elec Power Corp 1st M gold 5s 1962 opt___ J&J Adirondack P & L 1st 6s '50 M&S 1st & ref 514s 1950............M&S Deb 5s 1930--...................... J&J Conv deb 6s 1929_______A&O 1st & ref 5s 1956................ -J&J Alabama Power 1st 5s 1946-M&S 1st M 1 & ref 6s 1951......... J&D 1st & ref 5s 1951-................ J&D Alabama Tr L & P 1st 5s *62 M&S Alabama Water 1st 6s 1932-J&J 1st ref 6s 1947__________J&J Albany Ry—See United Trac. Alleg Bellev & P—See Phlla Co Altoona & Logan Val Elec Ry— Con g 414s 1933 gu----- F&A15 American Gas deb 6s 2016--J&J Conv g 7s Jan 15 1928--T&J15 10-year 7s 1934-................. J&J Am Gas & El coll 5s 2007—-F&A Deb gold 6s 2014-----------M&N Am Pow & L deb 6s 2016—M&S Amer Pub Serv 6s 1942----- J&D 1st 1 5s 1942 Ser C............. J&D Amer Rys coll tr 5s 1931----- F&A Amer Telep & Teleg 4s 1929-J&J Conv g 4s '36 conv aft '09-M&8 Conv 414s '33 op aft '25—M&S Ooll trust 5s 1946______ J&D Deb s f 5s 1960.................. J&J Deb 514s Nov 1 1943—M&N Amer W W & El 5s 1934---A&O Deb g 6s 1975 Ser A____ M&N Americus Ltg 1st s f 6s '37-A&O Ana & Pot R RR—See W Ry&El Appalachian Power 5s 1941-J&D i% gold bonds Aug 1 '36-F&A Deb gold 6s 2024______ J&J 1st & ref 5s 1956_______ M&N Arizona Pow 6s '33 opt '13-M&N 1st 1 & unlf 6s 1947 ser A.M&N Arkansas L & P 1st 6s '45--A&O 1st lien & ref 6s 1954____ M&S Arkansas & Missouri Power— 1st mtge 6s 1953________ J&J Deb 614s 1935__________ M&N Ardmore St Ry—See Phila Co Ashland (Wls) L & Pow St Ry 1st M gold 5s 1939............. J&J Ashtabula Water Supply Co 1st 5s 1937 ................. J&D Associated Electric Co— Conv 514s 1946_________ A&O Associated Gas & Elec Co— Sec g 614s conv ser 1954-..J&J Sec g 6s 1955-...................... J&J Deb 614s ser A perpetual--Q-J Deb 6)4s ser B perpetual--Q-J Deb 614 s ser C perpetual ..Q-J Atchison Ry, Light & Power— 1st 5s Nov 1935--......... -M&N Athens (Ga) Ry & Electric— isfc & ref s f g 5s '50 opt '15 J&J Athens Elec Ry 6s 1931--A&O Atl Cons St RR—See Ga Ry & El Atlanta Gas L 5s g 1947___ J&D Atlanta Nor Ry—See Ga Ry & El Atlantic Ave RR—See Bkn R T Atlantic City El 5s 1938__ M&S 1st & ref 514s 1954......... -M&N Atlantic City (N J) Gas— 1st g 5s Jan 1 '60 opt '20--J&J Auburn & Syracuse Elec RR— 1st & ref g 5s '42 opt '12--A&O Augusta-Aiken Ry & El Corp— Sink fd g 5s Dec 1 '35 opt - J&D Augusta Ry & El 5s '40--J&D Aurora Elgin & Chicago RR— 1st & ref g 5s 1946 opt___ J&J A E & C Ry 1st g 5s '41 - A&O 15 Balt & Ann 8 L—See Md El Ry Balt Elec 1st g 5s 1947 gu.-J&D B Sp Pt & Ches—See Un Ry & El Balt Traction—See Un Ry & El Bangor Hydro Elec 514s '49.M&S Bangor (Me) Pow 5s 1931--M&B Bangor Ry & El 1st 5s '35—J&J Bar Harbor & Un River Pr Co— 1st & ref g 5s 1935______ M&S Bay Counties Pow 5s 1930--M&S Beaumont G L 6s 1944____ J&D Beaver Val Tr gen g 5s '53-M&N Beil Telephone of Canada— 1st ft 5s 1955 ser A______ M&S Bell Telep Co of Pennsylvania— .St & ref 5s 1948 ser B___ J&J 1st & ref 5s 1960 Ser C___ A&O Beloit Water, Gas & Elec Co— -st g 5s 1937.......... .......... M&S 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 '11 M&N Birmingham Elec Co— ;st & ref 6s 1954-............. A&O Birm Knox & Atl—See Phila Co Birmingham Ry Light & Power' Jen ref g 414s '54 op '09.-A&O Birmingham Water Works Co— -St M 614s 1954 ser A___ A&O Blackstone Val G & E 5s '39-J&J 5% gold notes 1926____ M&N Bleec^er St&FulFy—See NYRys Bloom Dec & Champaign— 1st & ref 5s 1940-............. M&N Bloomington & Normal Ry & L— »t * gen m 5s 1928_____ J&J 81 & N RyEl & H 5s '27--J&D Blue Lakes Wat 1st 6s '38--M&S Boston Elev Ry 4s 1935__ M&N Deb g 4148 Oct 1 1937__ A&O Deb g 414s Nov 1941- — .M&N Deb g 5s Dec 1942______ J&D West End St 5s 1932- —-M&N 5s May 1936.................. M&N 5s March 1944..............M&SIs Sept 1947.................... M&S 414s July 1 1930.............. J&J 4s Aug 1 1932.................. F&A 614s Feb 1927................ F&A Bos & Wore St Ry 4 >4 s '23 - - F&A Brevard Co (Md) Power— 1st s f 6s 1943___________J&J Bid. 101 106 103 9614 102 9814 100 10414 98 97 * 9414 8314 102 120 105 93 99 9714 99)4 9214 96 98 9314 10014 103 10014 10514 9714 94 98 100 107 9414 10014 96 104 10014 94 93 95 94 9514 101 9314 95 90 90 92 85 100 9914 10014 10214 9514 10 91 -— 99* 10214 112 98 95 100*' 100 45 10014 10014 102 J4 99 99 9914 35 10314 92 10114 101 100 9914 9114 93 % 9214 9714 9854 9814 97?4 120 9714 9314 10014 17 99 89 t *hle price includes accrued interest idgenort Gas Lt 4s 1052—J&J I Ask Bonds. Bid. Ask. Bonds. Bridgeport Hydraulic Co— Chicago City Ry 1st 5s '27_ F&A 10114 1st M 5s 1944....................J&D 103 Chic North Shore & Milw RR— 105 107 Broad River Power Co— 1st mtge gold 5s 1936____ J&J 1st & ref 5s 1954 Ser A—M&S 92 104 91 1st & ref 6s 1955 ser A.__ J&J 10-yr s f 614s 1934______ M&N 10014 10154 Chicago & Oak Park Elec Ry98 Bway & 7th Ave RR—See N Y Rys 103 Lake St El 1st 5s 1928 gu.-J&J Chicago Railways Co— 9914 Bway Surface RR—See N Y Rys 1st M gold 5s 1927 opt-F&A 10014 Bronx G & E 5s 1960 -__ .__ J&J 9954 101 105 Brooklyn Borough Gas Co— Cons M 5s ser A Feb '27_ A&O 99 1st M 5s Mar 6 1938......... M&S Series B Feb 1927____ J&D 9814 Gen & ref M 6s 1963____ A&O 107 Pur mon 4-5s Feb '27 opt-J&J 108 100*' Bklyn City & New RR—See O I & Bk RR Adj inc 4s Feb 1927 opt__ May 95 Chicago Rapid Transit Co— 9454 9714 Bklyn City RR 1st 5s 1941--J&J Eq tr 5s '27-'35 ser A..J&J 15 b 1st & ref 654s 1944............. J&J Brooklyn Edison Co— 1st & ref 6s 1953___________ Gen M 5s ser A 1949------ J&J Adjust deb 6s July 1953___ 10354 104 85 Gen M 6s ser B 1930------ J&J 10354 10454 Chic Sou Bend & Nor Ind RR 10214 Bklyn-Manhattan Transit Corp 1st gold 5s Jan 1 1937___ J&J 96 s f 6s 1968 ser A________ J&J) 9654 Chippewa Power 6s 1947__ J&D 106** Brooklyn Rap Tran 5s '45--A&O / 95 Chris & 10th Sts RR—See N Y Rys 94 Cicero Gas—See Northw G L & Co Equit Trust ctfs of deposit--1/ 100 Cincinnati Gas & Electric— 1st ref gold 4s 2002--------- J& J f 88* 3-year 1921ctfs ------J&J / 137 1st & ref 5s 1956 ser A__ A&O 9814 'Cent7Unnotes ‘ Tr temp dep._j 137 Pr 1 &ref M 554s Jan’61 B.A&O 10014 93 Temp ctfs dep stamped__ / 132 Cin Newport & Cov L & T— 1st ref 6s 1947 series A-__ J&J Bklyn Hts 1st 5s 1941----A&O/ 107 9714 Brooklyn Queens Co & Sub So Cov & Cine 6s 1932___ J&J 9814 79 Cincin St Ry 6% notes '28-M&N let M g 5s 1941 (stpd).-J&J 7554 lOl" 1st con 5s July '41(stp)M&N 6254 6354 Cities Service Co— Bklyn Un Elev 5s 1950—F&A 94 Conv g deb 7s '66 ser B__ J&J 10314 9254 Series C_______________ 10014 Stamped guaranteed---------9254 80** Series D __________ _ __ Kings Co El 1st 4s 1949—F&A 10514 7954 Conv deb 8s 1966 ser E__ J&J 80 Stamped guaranteed______ 7954 11% 85 88 Kef deb 6s Jan 1966____ M&N Nassau Elec 1st 5s 1944.-A&O 62 105 1st gold 4s Jan 1 1951 J&J 6254 Cities Service Power & Light— 96 95 2d s f 6s 1944 series A__ M&N Atlantic Av con 5s g *31—A&O 101 Citizens Gas (Indianapolis)— 93 Bklyn Bath & WE5s '33A&O BklynUnGas lstcons5sg’45 M&N' 10054 10354 1st & ref gold 5s 1942____ J&J Citizens L H & P (Johnst’n, Pa) 95* 1st lien & ref 6s '47 ser A.M&N) 112 97 1st g 5s 1934 opt 1914---M&N Conv,deb 554s 1936-------- J&J 133 13354 Citizens Ry & Lt—See Muscatine 10114 Sub rets 40% pd___________ 97 Citizens St Ry—See Ind Tr & Ter Brownsville Ave—See Phila Co I Citizens Tract—See Phila Co 10514 Buffalo City Gas g 5s 1947-A&O / 102 City Elec San Fran 5s 1937.-J&J Buff Gen Elec 1st 5s 1939--F&A 102 103 1st ref 5s April 1 1939___ J&J 10254 10354 City & Sub Ry—See Port(Ore)Ry 97 Gen & ref 5s 1956 Ser A-.F&A 10254 10254 City & Sub Ry—See Wash Ry & El 96 City Water (Chattanooga)— Buff Niagara & East Pow Corp— 1st 5 54s 1954 series A___ J&D Conv deb 5s 1930______ M&S 9954 100 Clev El Ill 1st 5s '39 op '24-A&O Buff & Niag Falls El L & Power— 96 99 Gold deb 7s 1941 ............... F&A 1st gold 5s 1942------------ F&A 101 Gen M 5s 1954 series A__ M&N Buffalo Ry—See Internat Ry— 97 Burlington (Vt) G L 5s 1955-J&J, 9454 9554 Cleve Pains & East Con 5s 1918-— Ext at 6% to 1933............. A&O Burlington (la) Ry & Light— I 9514 1st s f gold 5s 1932 opt__ M&S 9654 9754 Cleve Ry 1st 5s 1931 opt___ M&S Butte El&P 1st s f 5s ’26-’51 J&Di 101 10154 Cleve Southw Ry & Light— 102 Gen & con 5s 1954_____ M&S California Electric Generating— I 94 Cleve Berea & Ob 6s '54--M&S 1st s f g 5s '48 op aft '12.-M&S 10054 98 Cleve & Elyria 6s '54___ M&S California Gas & Elec Corp— i 93 Cleve Elyria & W 6s 1954— Sink fund g 5s 1933 opt-.M&S 10454 93. Elyria & Oberlin 6s 1954__ Unif & ref g 5s '37 op s f _ -M&N, 101 10154 Clinton (Ill) G & E 6s 1937.-J&D Cal Cent Gas & El 5s '31-F&A 10014 94 Coast Cos L&P 1st 5s'46 op-F&A California-Oregon Power— Colorado Power 1st 5s '53--M&N 1st & ref 6s 1942 ser B___ J&Ji 10414 Columbia G & E 1st 5s '27—J&J 8614 lst&ref 5548 1955 serlesC-F&Al 10114 — Stamped______ .__________ Conv s f deb 7s 1944____ M&N I Debenture 5s 1927______ J&J Cal Pac Ry—See Pacific Elec Ry — Calumet Gas & Elec Co— 5% gold notes 1928_____ M&N 1st & ref 554s 1960 ser B—J&J; 9914 10014 Columbia (S C) Ry, Gas & El Co 1st M s f g 5s 1936-........... J&J Calumet & South Chicago Ry— Col Buck L&N—See Col Ne&Zan 67 10114 70 1st M rehab g 5s '27 op '12F&A Columbus Dela & Marion Elec Co 10314 Camden & Sub Ry—See P S Corn 1st & ref 5s June 1937_______ 58 97 1st & ref 6s (stamped) 1937-__ Canal & Clalb RR—See NO Ry & L Conv deb 6s 1935 ser A__ A&O 87 90 Canton-Akron Con Ry 5s '33 J&J 18 Columbus (Ga) Elec & Power— Canton Elec Co 5s 1937-__ M&N 100 1st & ref 6s 1947 ser A___ J&D 82 Cape Breton Elec Co 5s '32.J&J 8614 93 1st & ref 5s 1954 ser B..M&N Capital Traction (Wash, D C)— 95 Oolumbus(O)Gas 1st 5s g'32-J&Jj 99 1st g 5s June 1 1947____ J&D 100 Columbus (O) Interurban Ter Co Carbondale Ry 5s Nov '33--J&J 6314 67 — Carolina Power & Light— 1st guar 5s 1935________ J&D) 1st & ref 5s 1956________ A&O 9814 9814 Col Lon & Spr Ry—See Ind C & E Colum&9thAv RR—See NY Rys Catskill Power Corp— Columbus (Ga) Pow 5s '36--A&O) — . 1st 554s 1955 Ser A____ M&N1 9914 101 iColumbus Ry, Pow & Light— | Cedar Rap Mfg & P 5s '53--J&J r 101 1st ref & ext s f 5s 1940—. A&O Central Ark Ry & Light Corp— 117 Ref mtge gold 6s 1941___ J&D 1st lien s f 5s 1928_____ M&S 9954 100 100 Col Ry 1st 4s '39 opt '14—Q-J Central Calif Trac 5s 1936--A&O 96 Col St Ry 1st 5s g 1932__ J&J Certificates_____________ Cross St 1st 5s g 1933.-J&D Cent Crosst'n RR—See N Y Rys Com’cial Cable—4s g 2397__ Q-J Dist Telep 1st 5s '43—J&D 10254 "" Cent Commonwealth-Edison Co— Central Gas & Electric Co— ___ ioi" First lien coll trust 6s '46-M&S 1st g 5s June 1 1943____ M&S 9814 55 1st g 6s June 1 1943____ M&S 3-year 6% notes 1929___ M&S 9914 1st M 5s 1953____________J&J Cent Ga Pow—See Ga L P & Rys 1st M col 5s 1954 ser B__ J&D 10014 Cent Hud G & E 5s 1941---J&D 97 98 1st M col 414s '56 Ser C—A&O Cent Illinois Lt 1st 5s 1943.A&O 10014 30114 10214 Com'wealth El 5s June '43-M&S 1st 6s 1943______ ______ A&O 10514 106 Com’w’th L & P 6s 1947—-M&N 10314 Central Illinois Public Service— Sec 6s July 1926_________ J& J 1st & ref gold 5s 1952___ F&A 9314 9414 100 614% notes 1926-......... —A&O 1st & ref 6s 1944 series O._J&J 10114 10214 lst&ref 554s 1950 Ser D__ J&D 98 9814 Commonwealth Power Corp— 100 S f g 6s May 15 1947—M&N 15 Cent Indiana Gas 5s 1931—M&S 9814 9914 Gen & ref 5s 1939________ J&J Central Indiana Power Co— 100 Gen & ref 6s 1972 ser B__ J&J 99 1st & ref 6s 1947 ser A___ J&J 9914 Community Power & Light— 40 7% notes 1927_________M&S 100 101 1st coll tr 6s 1950 Ser A.__ J&J Central Iowa Power & Light— First mtge coll 514s 1955--J&D 10414 1st M 6s 1944 ser A____ M&N 9914 100 Compt Hts & Mer Ter—See Un Conv M 7s 1934 ser A__ M&N Cent Maine Pow 5s '39 op '19 M&N 9914 lOl" Conestoga Trac 1st 4s 1950--J&J 10614 10714 Coney Isl & Bklyn RR 4s '48.J&J 1st & gen M 7s 1941........ J&D Consol gold 4s 1955______ J&J 1st & gen 6s 1942______ J&J 102 104 10214 B C & N 1st cons 5s 1939—J&J 1st & gen 5s 1955 Ser D__ J&J 96 98 Conn Light & Power— 1st & gen 554s 1949____ F&A 9914 101 1st & ref s f 7s '51 ser A..M&N Central N Y G & E 5s 1941--J&J 9754 9854 1st & ref 514s 1954 ser B..F&A Central Power Co— Connecticut Power 5s '63--A&O 1st M 6s 1944 ser C_____ J&D 9954 102 Central Pow er & Light— 1st & coll trust 5s 1956___ J&J 7% notes Dec 1926______ J&D 1st 1 & ref 654s 1952____ M&S 105 106 100 Conn Ry & Lt 414s 1951___ J&J Central Ry—See Un Ry & El (Balt) Stamped guaranteed optional-. Central Traction—See Phila Co Charleston Cons Ry, Gas & El— Conn Ltg & Pow 5s '39-__ J&J Conn Riv Pow 1st 5s 1937--J&D Consol gold 5s 1999____ M&S 92 95 Ch's’t'n City Ry 1st g 5s 1923 Consolidated Cities L, P & Tr— 1st lien 5s 1962 stamped__ J&J Ext at 6% to Jan 1938.-J&J 100 Chattanooga Ry & Light— 1st & ref g 5s 1956 op '16-M&N 90 Chatt Rys 1st cons 5s '56 M&N 86 Ches & Pot Tel 5s '29 op '09-J&J 9954 Ches & Pot Tel of Va 5s 43.M&N 10054 Chicago Aurora & Elgin Corp— Deben 6s April 1972_____ JYJ / 52 56 Chicago City & Connecting Ry 20 49 coll tr s f g 5s Jan 1 1927-A&O 48 105 93 k Last sale, n Nominal, r Canadian price. Bid. Ask. 72 9614 9914 73 9714 101 96 98 7114 4914 32 25 15 7214 50 33 30 18 9414 8314 2714 96 85 29 40 10314 44 10414 10214 10414 10514 10014 101 100 10114 10014 186 12914 103 109 9114 92 9514 9514 9714 9814 Lt & Tjrac 100 10014 10114 103 111 103 103 10314 11114 10314 50 99 16 60 60 60 60 94 9814 98 100,z 100 >4 100 10014 9914 20 62 62 62 62 99*" 9914 10014 10014 10014 94 85 94 96 103 87 97 98 97 98 100 85 90 101 9714 105 >4 82 >4 95 94 80 9814 83 9514 96 8014 10214 11014 10114 101)4 93 z4 10014 92 98 90 10214 11114 10114 10114 94 102 95 100 100 10314 9214 98 10414 9314 100 — 101 9514 6914 6614 8214 72*14 8514 115 109 113 108 104 104 101 8714 9014 102 99 100 8014 81 10114 92" Mat, 1926.] ,, 3? PUBLIC UTILITY BONDS . NOTICE.—All bond prices are "and Interest” except where marked “t" and Income and defaulted bonds. Bonds. Bid. 96% Cumb'land T & T 5s 1937—.J&J 101% Cuyahoga Telep 1st 7s 1941.J&D 103% Dakota Central Telep Co— 103% 1st gold 6s 1935............... J&D Dallas Gas 1st 6s 1941_____ A&O 102 Dallas Pow & Lt 6s 1949___ J&J 104 1st g 7%s 1949 series B__ J&J 1st g 5s 1952 series C____ J&J 97% Danville Tr & Pow 1st 5s '41. J&J Darby Med & Ches Ry—See Phila R Tr" Dayton (O) Gas 5s’3O op’15.M&S 100 Dayton Ltg 1st 5s '37 op’12.M&S 100% Dayton Pow & L 1st 5s '41-J&D 102 Day Sp & Urb—See Ind Col & E 98% Defiance (O) G&E 5s 1942..M&S Delaware Co & Phila—See Un P & Trans 99 Denv Gas & El 1st g 5s '49.M&N 96% 1st & Ref 5s 1951......... ...M&N 96% Stamped as to Pa tax______ Denver Tramway Co— Gen & ref 5s 1950 seriesA..J&J 66% Denver Tramway Power Co— 1st imp g gu 5s '23 od '08.A&O 97 Ext at 6% to 1927................ Denver Tramway Terminals Co 1st M g gu 5s 1927-40—-M&S b 6%% Derry (N H) Elec 8s 1951—M&S 102 98 7s 1933-------------------------- J&D Des Moines & Cent la Elec Co— 8 P 6s 1937 opt series A„.M&S 101 91 S P 5s 1937 opt series B__ M&S 99 Des Moines El 5s 1938_ M&N 57 Des Moines City Ry 5s '36.-J&J Des Moines Elec Co— 1st M 5s. 1938............... ..M&N 100 Detroit City Gas Co— 1st M 6s 1947 series A___ J&J 106% Det & Sub Gas 1st 5s '28.J&D 100 Detroit Edison 1st g 5s 1933. J&J 101% 1st & ref 5s July 1 1940...M&S 101% 1st & ref 6s July’40 ser B.M&S 107% Gen & ref 5s 1949 series A. A&O 101% Gen & ref 5s 1955 ser B..J&D 101 Conv deb 7s Jan 15 '28.J&J15 128 Conv deb 7s Peb 1929__ F&A 128 Conv deb 7s Mar 1930__ M&S 128 Conv deb 6s Dec 15 1932.J&D 128 92% Det United 4%s 1932 opt.-J&J 1st M & coll tr 6s 1929___ J&J 35 Det Ry 1st 5s 1924______ J&D Det Pt Wayne & Belle Isle— 1st g 5s Apr 1 1928___ A&O Det Mon & Tol Short Line Ry 1st M g 5s Jan 1933___ J&J 45 Det & Pt Huron Shore Line— 1st gold 5s 1950_______ J&J Det Ypsil Ann Arbor & Jack— 1st gold 5s 1926_______ F&A Dominion Pow & Transmission— 1st 5s 1932— ____ ______ A&O 96 D D E B & B RR—See Third Av Ry Duke Price Power Co— 1st M 6s 1949____ _____J&J 106% ’ 1st M s f 6s 1966 Ser A..M&N 101% Duluth-Superior Traction Co— 96% Duluth St Ry 1st g 5s '30-M&N Gen M 5s 1930_______ M&N 90% Duquesne Light—See Phila Co Duquesne Trae—See Phila Co Eastern Connecticut Pow Co— 98 1st M s f 5s 1948 series A. A&O E kstern Mass Street Ry Co— 99% Serial ref 6s Jan 1927-1929___ 62 Ref M 4)(8 1948.................. J&J 66% Ref M 5s 1948...................... J&J 76% Ref 6s Jan 1948 ser O—M&S15 76% Ref 6s Jan 1948 series D.A&O Ref 6s Jan 1948 series E.M&N 76% Lynn & Bos 1st 5s g '24..J&D 98 Extended to 1929_________ Eastern Mich Edison Co— 1st g 5s 1931____ _____ M&N 101 Eastern N J Power Co— 1st M 6s 1949...................... J&J 101 1st M 5%s 1949_________ J&J E astern Oregen Light & Pow Co— 1st M 6s 1929.................... .A&O 100 /This price includes accrued interest, Bonds. Ask. Consol Gas of Balt 5s 1939..J&J Gen g 4%s Apr 1954.__ A&O 95% Consol Gas, Elec Lt & P (Balt)— Gen g 4%s Peb 14 1935—-J&J 1st ref 6s 1949 Series A__ F&A 107% 1st ref 5%s 1952 Series E.M&S 105% 106 1st ref 5s 1965 Series P__ J&D 100 Vi Consol Gas N J 5s g 1936___ J&J 98 1st ref 5s 1965—............. A&O 90 Consolidated Gas (N Y)— Deb 5%s 1945.................. P&A 105 % 105% Underlying cos—See N Y G E L I & P Consol Pow & Ltg— 1st & ref 1 6%s 1943......... M&S Consol Pow & Light (W Va) 1st M & ref 6s 1943____ M&S Con Ry (New Hav)deb 4s'54.J&J 67% Deb 4s 1955........................ J&J 67 y» Deb 4s 1955........ A&O 67 67 y» Deb 4s 1956 guar_______ J&J 87 Cons gold 4s 1930_______ F&A Cons Ry & Pow (Salt Lake)See Ut ah L & Ry Cons Tr (N J)—See Pub Ser Corp Consolidated Wat of Utica— 99 1st ref 5%s 1960 Ser B___ A&O 101 Consumers El L & P (New Orl)— 98 99 1st M 5s 1936__________ J&J Consum L H & P Co (Eliz, N J) 5s 1938................. ................ J&D 100 Consumers Power Co (Mich)— 101% 1st & ref 5s 1936 op '16.-J&J 101 1st 1 & unif 5s ser C 1952.M&N 100% 101% 1st 1 & unif 5%s 1954___ M&N 104% 105 Continental Gas & Electric— 99% 100% 1st lien coll tr 5s 1927—M&N Ref 6s 1947........... .............. A&O 101'% 102% 107% Coll tr 7s 1954 ser A.__ F&A 107 Sec 6%s 1964 series A___ A&O 99% 99% Copenhagen Telephone Co— 99 External s f 6s 1950___ A&O15 100 Orosstown St Ry—See Col Ry & Lt Cross St Ry—See Int Tr (Buff) Cuban Telephone Co— 112 1st lien & ref 7%s 1941__ M&S 111 102" 104% 105 105% 98% 102" 103 99% 100 96% .... 68 100 6% — 102% — 101 107 102" 102 108 102% 102 132 132 132 132 93 45 50 60 97 102 97% 93 100 62) 67) 102 97% 101 Bid. 94 Eastern Pa Rys 1st 5s 1936.-J&J Eastern Tex El Co 5s '42__ M&N 99% 5% 3-year notes 1928___ P&A Eastern Wisconsin Electric Co— 1st & ref 5s 1947............... M&S 93% 1st lien & ref 6s 1942____ J&D 100% 1st lien & ref 6%s 1948—M&S 103 97% Sheboygan Elec 5s 1946.-J&J East Bay Water 5%s 1946--J&J 103% Un & ref 7%s '36 ser A..M&S n 106 Un & ref 6s 1942 ser B M&S 103% 103% Un & ref 6s 1944 ser O M& Unif & ref 6s 1955 ser D..M& n 102% 5%% gold notes 1928—-F&A East Penn Elec Co— 1st M & ref 6s 1953 —...... J&J 104% East St Louis (Ill) Lt & Pow— 1st 5s 1940—..................... J&D East St Louis & Suburban Co 84 Coll trust g 5s 1932 opt ..A&O Easton Cons El 5s 1949___ M&N 100 East Palm & Beth 6s 1939.-J&J Economy Lt & Pow (Joliet, Ill) 98% 1st M s f gold 5s 1956___ J&D Edison Elec Ilium of Boston— 99% 4%s% gold notes 1928—J&J 15 Ed El ni(Bkn)See Kings OoEL&P Edison El Ill (N Y)—See N Y G Edison Elec Co (Lancaster)Refunding 5s 1943______ F&A Eighth Ave RR—See N Y Rys Elec & Peop—See Phila Rap Tran Electric Pow Corp (Germany)— 87% lstsf6%s 1950________ M&S Electrical Securities Corp— 97 Coll trust s f 5s 1935 opt..F&A 96 Coll tr s f 5s 1955............. A&O 96% Coll tr 5s 1956___________J&J Eliz Plainf & Cent JlSee Public Eliz & Trenton RR JServ Corp Elmira Water . Light & RR— 96% 1st & con g ,5s 1956_____ M&S El Paso El Co coll tr g 5s '32-J&J 102 97% 1st M 5s 1950 Ser A_____ J&D Empire District Electric Co94 lst 5s 1949_____________M&N Empire Gas & Electric Co— Gen & ref 6s ser A 1952__ J&D 101 Empire Gas & Elec and Empire 96% Coke Jt lst&ref 5s '41 opt.M&S Empire Gas & Fuel— lst&ref conv7%s'37 ser A M&N 101 97% lst&ref6%s'41 (withwar)A&O Equit G&E Utica 5s 1942.A&O 100 Equit Ill Gas, Phila, 5s g '28-J&J 104% Erie Railways— 92 1st & ref 6s 1954............... A&O Erie El Motor s f g 5s 1941A&O Erie Ltg 1st M 5s 1967.-A&O 100‘ 82% Erie & Suburban Ry 5s '41.A&O 99 Evansv G & E L 5s '32 op '12 J&D Excelsior Springs Wat Gas & El— 1st M 6s 1932 opt............ J&D Fairmont & Clarksburg Trac— 92% 1st g 5s 1938 opt 1913—.A&O Pall River Elec Light Co— 1st M 5s 1945 series A.__ J&J 104 Feather River Power Co— 1st M 6s 1929-1963.......... J&J Federal Light & Traction— 1st s f g 5s 1942 op____ M&S 95% 1st lien g 6s 1942 stpd-__ M&S 102% 93% Debenture 6s 1954 ser B..J&D Fed St & Pleas Val—See Phil Co Florida Power & Light— 93% 1st 5s 1954_____________ J&J Florida Public Service Co— 1st M 6%s 1949................. F&A 100 97 1st 6s 1955 series B_______A&O 96 Florida Telep 1st 6s 1945--A&O Ft Pitt Traction—See Phila Co Ft Smith Light & Traction— 80% 1st M g 5s Mar 1 '36 opt.-M&S Ft W Van Wert & Lima Trac— 23 1st M g 5s 1930 guar____ J&J Ft Worth Pow & L 5s '31—F&A 100 42dStM&StNAv—See 3d Av Ry Galesburg Ry Ltg & Power— 97 Con 5s Oct 1934_______ J&D 97% Galesb Ry & L 5s 1934_______ 83 Galv Elec Co 1st 5s '40 op..M&N Galveston-Houston Elec Ry— 68 1st M s f g 5s 1954 opt___ A&O Gas & El of Bergen Co 5s '49 J&D 102% 99 Gen 5s Nov 1 1954_____ M&N German General Elec— 97% 20-yr 7s 1945............... -J&J 15 Ga Row & Ids—See B & N St Ry G eorgia Light Power & Rys— 88% 1st lien s f g 5s 1941 opt-.M&S 96 Cent Ga Pr 5s '38 opt’13 M&N 99% Georgia Ry & Elec 5s 1932_ J&J 95% Refg & impt g 5s '49 s f__ J&J 97% Atlanta Cons St 5s 1939.-J&J 99% Georgia Elec Lt 5s 1930.-J&J Atlanta Northern Ry Co— 96% 1st guar 5s '54 op '90__ J&J Georgia Ry & Power— 98% 1st & ref s f 5s 1954 opt.-A&O 104 Gen M 6s 1947. —...... -A&O Gen M 7s 1941............. ..M&N 105 Grand Rap Gr Hav & Musk Ry— 15 1st g 5s July 1 1926_____ J&J Grand Rapids Ry— 63 lstsf 7s 1939-.................. -M&N Great Cons Elec Pow (Japan)— 91% 1st M 7s 1944................. F&A 1st & gen 6,%s 1950_____ J&J Gt Falls Pow 1st 5s '40 op..M&N 102 jt Great Lakes Power, Ltd—• 1st M 6s 1927-1944......... M&N 101 Great North Pow 5s 1935__ F&A 100 Great West Pow 5s 1946 op. _J&J 1st & ref 6s Mar 1949.__ M&S 102% 1st & ref 6s 1952 ser O___ F&A 102% 99% 5-year 5% % notes 1930-M&N2 Green Bay Gas & Elec Co— 99% 1st & ref 5s 1935............. M&N 86 Greenwich Tram 1st 5s '31.-J&J 87% Hackensack Wat 4s '52 op'12J&J Hagerstown & Frederick Ry— 99% 1st & ref 6s 1944_______ A&O Hamburg (Germany) Elec Co— 97 Extl g s f deb 7s 1935. — M&N Harrisburg L & P 5s 1952.-F&A 100% 86% Hart St Ry—1st g 4s 1930_ M&S Harwood El 5s '39 op '14.__ J&J 102 1st & ref s f g 6s '42 op__ M&S 107 Havana Elec Ry, Light & Power 94% Gen M 5s 1954 series A...M&S Havana Elec Ry 5s 1952..F&A 94% k Last sale. 96 J In London, r Canadian price, Ask. Bonds. Bid. 95% Helena Lt&Ry 1st 5s *25 op.M&S f 91 Herkimer County Light & Power 100 1st 5s 1930______________J&J 100 Hest Man & Fair Pass Ry—See P hliaRT Home Telep & Teleg(Los Angeles, 99% Cal) 1st 5s 1933........... .J&J 98 1st refunding 5s 1945___ J&J Home Tel & Tel of Spokane— 99% 1st M g 5s May 15'36-M&N15 40 Hortonia Power 5s 1945___ F&A 62 8% notes 1926_________ F&A 104 Houghton Co (Mich) Elec Light 99 1st g 5s Jan 1 1927 opt___ J&J Houghton Co Trac 1st 5s '37-J&J / ----99 Hous Home Telep 5s 1935..M&S 99% 106% Houston Lt & Pow 5s 1931--A&O 97 1st lien & ref 5s 1953....... M&S 1st lien & ref 6s 1953 ser B.A&O 103 1st lien & ref 6%s’54 ser C.M&S 100% 84% Hudson Co Gas 5s g 1949.-M&N 102% 101 Hydraulic Power of Niag Falls— 86 1st & refunding 5s 1950__ J&J 102 Ref & impt 5s 1951_____ A&O 102 97% 99% Idaho Power 1st 5s 1947___ J&J .... 1st lien gen M 8s 1930.__ J&J 100 First lien gen M 7s 1947—.J&J Hl Bell Telep 1st 5s 1956. — J&D 102% 91% Illinois Cent Trac 5s 1933—J&D Illinois El Pow 1st 6s 1943..A&O 103 Illinois Power & Light Corp— 1st & ref 6s 1953 serfs A..A&O 102% 98% 1st & ref 5%s 1954 Ser B—J&D Debenture 7s 1953_______A&O 102% 95% 88 Illinois Power 1st 5s 1933__ J&D 1st 7s 1936............................ J&D 103% 98% 99 1st 6s 1944........................... J&D 97% Illinois Northern Utilities Co— 93% 98 1st & ref 5s 1957 opt_____A&O 96 Illinois Valley Ry 1st 5s '35. M&S Indiana Columbus & E Trac— Gen & ref g 5s '26 op '11. .M&N f 2 98 Col Lon & Springf 5s '20.A&O f 15 56 Dayt Spgf & Urb 5s '28..M&N 98% Indiana Electric Corp— 99 1st M 6s 1947 series A__ M&N 95 1st M 6%s 1953 series B—F&A 102 84 Indiana Ltg 4s 1958 opt___ F&A 99 103 Indiana & Mich El 5s 1957—F&A 98 1st & ref 5s 1955............M&S 98 Ind Nat Gas & O—See Peo G L&C Indiana Power 6s 1944__ M&N 102% ----1st lien 7%s 1941 ser A..M&N 97% 1st lien&gen 6 %s’41 ser B .M&N 99% 103 5%% notes 1928_______ F&A 92 Indiana Ry & Lt 1st 5s '43_ J&J Indiana Service Cori)— 95 93% 1st & ref M 5s Jan 1 1950..J&J f 86 Adjustment mortgage.... Indiana Union Traction— 8 1st g 5s July 1 '33 op '08.A&O 100 " 8 Indiana Nor 1st g 5s 1933.A&O Indianap Columbus & Sou Trac— 98 1st Mg 6s Feb 1 1948___ F&A 98% Indianapolis Gas 5s 1952__ A&O 93% Indianap L & H 5s 1940___ A&O 101% Indianap & Martinsv Rap Tran— 66 1st g 5s 1923 opt________ J&J Indianap New Castle & Eastern— 10 1st 6s 1932.................................... Indianap Nor—See Un Tr of Ind 95% Indianapolis & Northwest Trac— 103 69 1st g 5s 1923 ext to 1933--M&S 94 Indianapolis & Southeast Trac— 1st Mg 5s 1935-......... ........ J&J f .... Ind Shelby & S E 5s 1932—J&J f .... 94% Indianapolis Trac & Term Co— 93% 1st s fgold 5s Jan 1 1933—A&O 65% 101 Indianap St gen 4s 1933__ J&J 98 86 Citizens^ St con 5s g '33—M&N Indianapolis Water— 100 92% 1st & ref g 4%s 1940 opt.-J&J 1st lien & ref 5%s 1953__ M&S 103% 82 Interborough-Metropolitan Co— Coll trust g 4%s 1956----- A&O f .... —.. Guar Trust certif of deposit. . f .... Stpd ass’t'd & 16% subs_ f .... Stpd as del of 16% sub----- f .... Stpd as to del on surrender 98% f .... of 60% of bonds____ 98% Interborough Rapid Transit— 74 86 1st & ref g 5s '66 op tax-ex.J&J 73% Stamped________________ ■ 72 76% 6% notes 1932_________ A&O 94 Conv g 7% notes 1932 M&S International Power Sec Corp— 93 6%% sec bonds 1955 SerCJ&D 98 Sec 7s 1936 D (with war),.J&J 99% International Railway(Buffalo)— 85 Buff Ry 1st con M 5s g’31.F&A 72 89% Buff Trac 1st 5s 1948___ J&D 84% Cross St Ry 1st 5s g '32.-M&N 100% 95 Buff Bell & Lan 5s 1927—J&D 96% Buff & Lock 1st g 5s 1938--J&J 71% 98% Buffalo & Niag Falls Elec Ry— 78 1st M 5s gold 1935_____ J&J 69% Internat Ry ref 5s '62 op.M&N International Telep & Teleg— Conv deb 20-year 5%s '45M&S 111% 99 96% Interstate El Corp 6s 1933.M&S 104% 97 Debenture 7s 1932______ J&D 105% aterstate Power Co— 99% 1st M g 6s series A 1944_ J&J 99% 25 1st M g 6s series B 1944—J&J General 7s 1934_________ J&J 99% 70 aterstate Public Service Co— 1st & ref 5%s 1950 ser O—A&O 95 92% aterstate Rys—Coil trust g 4s 86 55 1943 opt 1913—................. F&A 103 )wa Power & Light— 1st M 6s 1955 Ser A......... M&N 101% )wa Ry & Lt (Cedar Rapids)— 103 101 1st & ref 5s 1932 opt '15.-M&S 99 1st & ref 5s Oct 1945____ M&N 100% 103% 1st & ref 5%s Oct 1945—M&N 99 103% >wa Southern Utilities— 1st & ref 6s 1943............... F&A 99% 100% 93% 1st & ref 5%s 1950............. J&J ■onwood & Bessemer Ry & Light 94% 1st s f g 5s '36 opt after '15.F&A 94% .... 103 — 100% 50 72 100 100 100% 98 ___ 103% 98% ... 103 104% 103 99% 103% 96 104% 101 94 4 63 100 10d 99 100 .... 94 87% .... 100 99 102% 68 — 72 — 95 66% 88 94 104% 13 13 .... — 74% 74 76% 94% 93% 100 86 75 85% 100 72% 81 70% 112% 98 99 100 100 101 97 56 103 100 .... 102 94% 96 98 100 97% 101 104" 109 Ask. 1st M 6s 1934.................. .A&O 1st M 7s 1934..................... ........ Jacksonv Elec 5s '27 opt.M&N icksonv (Ill) Ry & Lt 5s '31.J&J amalca Water Supply Co— 1st gold 5%s series A 1955. J&J s Sale price. 99 102 90% 80 93 94 101 104 92 99% 100 — ' PUBLIC UTILITY BONDS 38 [Vol. 122. NOTICE.—All bond prices are “and interest” except where marked “f” and Income and defaulted bonds. Bid. Ask. Bonds. Bonds. Central Pow & Lt Corp— Manila Elec Co 7s 1942__ M&N ; ref 5Xs 1945 series A F&A 96)4 97 X Manila Electric Corp— Jer City Hob & Pat—See P S Corp Manila Elec RR & Ltg Corp— Johnstown (Pa) Telephone Co— 1st lien & coll tr 5s ’53--M&S 1st & ref 5s 19421______ F&A 99)4 101 Manila Sub Rys 1st 5s 1946-M&S Johnstown (Pa) Traction— Manitoba Power Co Ltd— 1st & ref 5s July 1943___ J&D 1st s f 7s 1941 ser A____ M&N Joplln&PlttsBy 1st 5s’3O op.M&S 1st M s f 5Xs ’51 ser A.__ J&J Kankakee (Ill) G & E 5s ’30-M&S 93 99 Manuf’rs Wat (Pa) 5s 1939-J&D Kansas City Gas 1st 6s 1942.F&A 104 106 Marion (O) Water Co— 1st M 5s 1946________ F&A 95 1st mtge 6s 1943_______ J&D Kansas City Power & Light— Market St El Pass Ry—See P R T 1st M 5s 1952 series A.__ M&S 102)4 103 Market St Ry (San Francisco)— Kansas City Railways— 1st s f 7s 1940 ser A_____ Q-J 63 1st M 5s July 7 1944.......... J&J f 61 Maryl’d El Rys 1st gu 5s ’31 A&O 2d M 6s July 7 1944............ J&J f 6 8 1st & ref 6Xs 1957 ser A.-J&J 2d M 5s July 7 1944........... J&J f 6 8 Balt & Ann S L 5s 1946--F&A Coll gold notes 7s May 15 i Massachusetts Gas 4Xs ’29.-J&J 1921........................... M&N 15/ 72 76 Deb g 4Xs Dec 1931______J&J Kansas Elec Power 6s 1937-J&D 102 20-year s f 5Xs 1946------- J&J 1st M 6s 1943_________ J&D 102 Massachusetts Lighting Cos— Kansas Gas & Elec 6s 1952-M&S 104)4 105 Deb g 7s 1926-’28_______ J&D Deb gold 6s 2022 series A.M&S 93)4 94 X Deb g 7s 1930--........... ..A&O Kentucky Traction & Terminal— McGav & Mt V—See Nash Ry&L 1st & ref gu 5s ’51 opt ’14.F&A 71 74 Memphis Power & Light Co— Lexington Ry 1st 5s 1949-J&D 91 1st & ref 5s 1948 ser A___ J&J Kentucky Utilities Co— 1st & ref 6s 1948 ser B-----J&J 1st lien 6s 1949 series B__ J&J Memphis L & P 5s 1931 —-J&J 1st M 5s 1961 ser G_____F&A 93 X 94 X Memphis St Ry con g 5s ’45-J&J Key System (San Fran-Oak Term) Meridian Lt & Ry 5s ’44—M&S 99 1st M 6s 1938...................... J&J Metropolitan Edison Co— ___ Ref 5s 1938......................... J&J 1st & ref 6s 1952 ser B----- F&A 77 X 84 Ref 6s 1938.................................. 1st & ref 5s 1953 ser O----- J&J ___ First mortgage 5Xs July 1938-. 97X Metropolitan Elec Co (Reading) Key System Secur coll tr 6s 1933 87 1st s f 5s 1939................... A&O 83 X 92 Key Tel 1st g 5s ’35 opt ’08--J&J 93 X Metropolitan Power— .... 6% gold notes 1927-___ M&N 1st 6s 1953 ser A------------J&D 99 X 89 1st 1 & ref 5)4s 1935 ser A. J&D 88 Met St Ry—See N Y Rys ____ Metropolitan West Side “L”— Kings Co E L & P 1st 5s ’37-A&O 102 X ____ Purch money 6s g 1997__ A&O 123 X 1st gold 4s 1938....... ............ F&A Edison El Ill Bkln 4s ’39.-J&J — Exten gold 4s 1938------- J&J 94 X Kings Co Elev Ry—See Bkln R T Mexican El L 1st M g 5s ’35-J&J Kings Co Gas & Ill 1st 5s’40-A&0 99 Mex Lt & Pow 1st 5s ’33 s f-F&A Kings CoLtg 1st ref 5s ’54-.J&J 100 Miami Valley Elec 6s 1945--J&J 1st ref 6)48 1954................ ..J&J 108X 109 Mich Elec Ry 5s 1948------- -J&J / 97 Kingsport Utilities 6s 1937-A&O 99 Jack Cons Trac 5s 1934--M&N 102 1st 7s 1937 series B_____ A&O 100 Michigan Gas & Elec Co— Kinloch Long Dlst Tel 5s *29. J&J 100 1st & ref 6s 1943_______ M&S Kinloch Telephone 6s 1928--F&A 101X 102X Michigan Light 1st 5s 1946-M&S Knoxv Gas 1st 5s’33 opt *13-A&O 83 Michigan Nor Pow 1st 5s ’41 J&J Knoxville Railway & Light— Middlesex Water Co (N J)—■ Ref & ext 5s 1946 opt- J&D 97)4 Consol M 5s 1950______ F&A 98)4 Knoxville Trac 5s 1938 A&O 97 Middle West Utilities— Lackawanna & Wyom Val R T— 8% gold notes 1941---------------97 Millv Etna & Sharps—See Phil Co Coll trust 5s 1951-........... -F&A 95 Laclede Gas Lt ref 5s 1934.-A&O 100X 100 X Milwaukee Coke & Gas Oo—■_ 1st M colltr 5Xs ’53 ser O.F&A 103 X 103X 1st M s f 7Xs 1933.......... F&A Milwaukee Elec Ry & Ligh — 100 5X% gold notes 1935___ F&A 99 X Lake Roland Elev—See Un Rys & Elec Ref & ext 4Xs g ’31 opt-.J&J Lake Sh Elec 1st con g 6s ’33-J&J Gen & ref g 5s 1951 opt.-J&D 1st & ref 5s 1961 ser B..-J&D Gen gold 5s Feb 1 1933—F&A 60 X Lor & Clev g 5s ’27 op ’17.J&J 1st & ref 6s 1953 ser O—M&S Sand Frem & Sou 5s 1936--J&J Milw Light, Heat & Trac— Tol Frem & Mo 6Xs 1925— 1st g 5s gu 1929 opt—M&N 80 Milwaukee G L 1st 4s ^27.-M&N Extended to 1933______ J&J 77 Lake St Elev RR—See Chic & O akPkEl ec Rv Milwaukee Northern Ry— 1st 5s Apr 1931_________ A&O Lansing Fuel & Gas 5s 1927_____ 99 X 100 Laurentian Power 6s 1936__ J&J r 100)4 Minn Anoka & Cayuna R’ge RR Lauren tide Power 5s 1946__ J&J r 100 1st 5s 1935................ M&N ~ --------- - 101X 102X Minneap G L 5s Feb ’30__ M&S Gen M 5)4s-------1946......... ........ J&J Lawrence (Mass) Gas & Elec— 6% gold notes Feb 1930_____ 1st M 4)4s 1940 ser B___ F&A 99 Minn Gen El 1st 5s ’34 op.-J&D Lehigh Power Securities — Minn St Rys—See Twin C’y R T Deb g 6s 2026 series A___ F&A 95 Minnesota Power & Light Co— 94 X Lehigh Valley Transit— 1st & ref 6s 1950.............. M&N 1st M g 5s Dec 1935 opt-.M&S 1st & ref 5s 1955________ J&D 95)4 1st M g 4s Dec 1935 opt--M&S 85 X 86 X Mississippi Power Co— 81 Cons gold 4s 1935_______ J&D 1st & ref 5s 1955________ M&S 75" Mississippi Power & Light— Ref & Impt g 5s 1960___ J&D 74 X Leh Val L & P 5s 1943___ A&O 99 X 1st & ref 6 Xs 1943 ser A.-J&D Lex Ave & Pav Fy—See N Y Rys Mississippi Riv Pow 5s ’51--J&J Lex (Ky) Ry—See Ky Tr & Term Sink fif deb 7s 1935____ M&N Lincoln Gas & Elec 5s 1941-J&D 94 95 Missouri Edison El 5s 1927-F&A Llndell Ry—See United Rys(StL) Missouri Power & Light— Little Rock G & F 6s 1937--M&N 98 100 1st M 5Xs 1955 Ser A___ M&S Little Rock Ry & El 5s ’33-A&O 100 Mobile Elec 5s ’46 op ’10--M&N Mobile Gas imp & ref 7s ’51 J&D Ref & ext g 6s 1938_____ A&O 101X Lockhart Power 5)4s 1950--F&A 97 98 X Mob Lt & RR 1st g 5s ’37--J&D Lockport & Olcott Ry—See Int iTrac(B uffalo) Cons g 5s 1941_________ M&S Monongahela St Ry—See Phil Co Long Isl Lighting 5s 1936_ M&Si 98)4 99 lstref 6s 1948-.-............... _J&j| 107)4 108 X Monongahela Valley Traction— 102 1st M g 5s ’42 opt ’22___ J&D Secured g 6s 1945______ J&J 101)4 Lorain & Cleve RR—See Lake Sh Elec R Monongahela Valley Water— Los Angelep Gas & Elec Corp— j 1st M 5Xs 1950 series A__ J&J 1st & ref g 58 1939 opt__ M&S 100X 101X Monongahela West Penn PubServ Gen & ref g 7s ’31 B & C..J&D 105 106 1st lien & ref 5Xs Ser B ’53 F&A 107 Montpelier & Barre L & P Co— Gen & ref 6s 1942 ser D..M&S 106 1st ref 5s 1944_________ A&O Gen & ref 5)4s 1943......... M&S 101X 102 X Gen & ref 5Xs ’47 ser E..J&D 101X 102X Montana Power— Gen & ref 6s 1942 ser G..M&S 106 1st & ref s f 5s ’43 op ’18--J&J idix Montreal Lt, Ht & Pow Co— Gen&ref5)4s 1949 ser I..A&O Los Ang G & E 5s 1934___ J&J 166’ lst&coll tr g 4Xs ’32op’12 J&J Los Ang Pac Co—See Pac El Ry Gold 5s 1933 opt 1913___ A&O Los Ang & Pasad—See Pac El Ry Montreal Tramways— Los Angeles Railway Corp— 1st & ref g 5s 1941 opt___ J&J Gen & ref 5s 1955 series A.A&O 1st & ref s f g 5s 1940____ J&D 84 X 85X Los Angeles Ry 5s 1938__ A&O Genl & ref 5s 1955 Ser N_A&O 94 X 95 X Los Angeles Sub Gas Corp— Morn’side El StRy—See Phila Co 1st lien coll trust 7s 1938-M&S Mountain Home Telep Co— Louisiana Power 1st 6s ’44--J&D Gen 5s 1938_____________ J&J 99 X 100X Louisville Gas & Electric Co— Mountain States Power Co— 1st & ref 5s 1952 ser A..M&N 1st & ref 5s 1938--........... J&J 99 X 100 1st M 6s 1938 series B__ J&J 1st & ref 5)4s 1954 Ser B.M&N 103 X 104 X Louisv Ltg 5s ’53 unstmpd-A&O 100 Mt Wash St Ry—See Phila Co Louisville Ry con M 5s g ’30-J&J 89 X 91X Muncie El L 1st 5s ’32 op ’12 J&J Muncie Hart & Ft Wayne Tr— 2d mtge 4)4s 1940______ M&S Gen M 5s 1950_________ F&A 1st 5s g 1935 opt 1925___ J&J Louisville Water—See under Loul sville, p. 50. M & U C Tr Co—See Un Tr of Ind Lower Austrian Hydro-Electric Municipal Gas (Albany, N Y)— 1st s f g 6Xs 1944___________ 1st M 5Xs 1952 ser A___ A&O 83 X 84 X Municipal Gas & Elec, Roch— Luzerne Co (Pa) Gas & Electric— 1st ref&imp g 5s’48 op ’13.A&O 100 X 101 1st M g 4Xs 1942 opt ’12.A&O 1st & ref 6s 1954. *______ M&S 104 104 X Munic Service 5s 1942_____M&S Debenture 6s 1928______J&D Debenture 7s 1944_____ J&J 105X 106 Col tr sf 6s 1956_________ F&A Lykens Val L & P 6s 1945--M&S 102 104 Lynn & Boston RR—See Eastern Mass S t Ry Muskegon Tr & Lt 1st 5s’31 M&S Muskogee Elec Tr 5s 1934-M&N Macon Ry & Light 1st 5s ’53-J&J 90 X Mutual Telep 1st 5s 1945--A&O Madison Co (Ill) Light & Power— 99 Nashville Railway & Light— 1st g 5s 1936____________ J&D Madison Gas & Electric Co— Cons g 5s 1953 opt 1908--J&J 1st ref 5s 1940.................... A&O 100 Ref & ext gold 5s 1958__ J&J McGavock & Mt Vernon— Gen & ref 5s 1950.............. M&N 99X Summer St 1st M 6s ’26 J&J Madison Railways Oo— 72 75 2d series 6s July 1937__ J&J 1st g 5s 1936........................ M&N Nashville Gas & Heating Co— Mad RivPowlst 5s’35 gu op-F&A 101 1st M gold 5s 1937 guar.-M&N Manchester Tr Lt & Power— 1st ref 5s Aug 1952...................... 97 98 X Manhattan El con 4s g ’90-A&O 66)4 66 X 63 2d gold 4s 2013................... J&D 60)4 b Basis. /This price includes accrued Interest, k Last sale, n Nominal. 114X As*. Bonds. 115 Nashville Water 4s 1928___ J&J Nassau El RR—See Bklyn Rap T 91 X 94 X — 97X 100 — 97 X 101 97 98 95 X 63* 99 97 X 102 X 100 100 99X 105 100 73 X 95 108 100 100 X 104 72 X 70X 60 68 98 X 12 10 102 98 X 96 96 X 66 102X 100X 107 73X 100 X 102 104X 73 72 69 X 100 18 20 100 99 X 99 X .... 102 100X 100X 107 X 108 103 — ____ 98 99 X 95 X 104 X 100 99 X 97 99 100 95 X 104 X 99 101 x 101 x 100 102 X 102X 105 97 X 93 106 98 X 94 102 100 102 100 104 100 X 97 98 X 101 98 X 99 103 76" 78* 99 X 97 X 93 97 98 96 92 96 X 95 101 ioix 97 99 X 97 X 92 X 92 X 97 X 94 94 99 X 92 101 100X 99 X 11 100X .... 94 X 102 106 107 93" 100 x __ 83X 50 99 X 98 91 X 100 103 95" 101 X 96 .... 100X 100 93 99 X 92 X Sec g 6s 1945-............. ........ M&S Coll trsf 6XS 1955 ser A—F&A lebraska Power 1st 5s ’49--J&D 1st M 6s 1949....................J&D Deb 6s 2022......... .............. M&S revada-Calif Elec 6s 1946--J&J 1st lien 6s 1950 series B__ A&O 92 X 100X 95 101 105 97 X 100 X 100 X 112" 102X 1st M 5s 1937--........... -.-M&S 83X ew Chester (Pa) Water Co— 91 1st 5s Mar 1 1943_______ M&S New England Elec Securities— 1st coll tr 5s Jan 3 1932—J&J3 69 X New Eng Pow 1st 5s 1951—J&J 103 X 96 New Eng Tel & Tel 4s 1930--J&J 5s gold Oct 1 1932..............A&O 101X 1st 5s 1952 series A_____ J&D 102 X N J & Hud Riv Ry & Ferry— 60 1st gold 4s 1950 opt____ M&S N J Pow & Lt 5s 1936-......... F&A 98 X New London G & E 5s ’27--A&O 100 2d mtge 5s 1929________ A&O 100 Consol & refg 5s 1933___ J&J 101X New Milford Pow 1st 5s ’32-F&A 100 New Orleans Pub Service Co— 1st & ref 5s 1952 series A.. A&O 95 X 1st & ref 5s 1955 Ser B__ J&D 95 X 89 X Gen M 4Xs 1935--............J&J Inc 6s Nov 1949 series A_ J&D 91X Series B______________ J&D New Orleans Ry & Light Co— Canal & Claib 1st 6s ’46--M&N 106 96 N O Cy RR—Gen g 5s ’43-J&J 97 X N O Cy & Lake 5s 1943-J&J 98 NO&Carroll con 5s Feb’33-J&J Edison El 1st 5s 1929__ J&J 99 X 98 N O Pow-House Co 5s ’41-J&J 83 St Charles St 1st g 4s ’52.-J&J Newp News & Hamp Ry, G & E— 90 1st & ref 5s 1944_________J&J Newp News & Old Pt Ry & El 1st g 5s Nov 1 1938-__ M&N 99 Gen g 5s Mar 1 1941____ M&S N Y Cent Elec Corp— 100 1st M 5XS 1950-.-........... M&S New York Edison Co— 1st lien & ref 6Xs 1941—A&O 116 1st 1 & ref 5s ser B 1944--A&O 103 X N Y Gas, Elec Lt, H & P Co— 1st g 5s Dec 1 1948______ J&D 104 X Pur mon coll tr 4s 1949__ F&A 90 X Ed El Ill, N Y, con g 5s’95-J&J 105 ‘ 99 Central Un Gas 5s g 1927--J&J Equitable Gas 5s 1932.—M&S 100 96 New Amster Gas 5s 1948--J&J 99 NY&ER Gas 1st g 5s ’44-J&J 96X Con 5s 1945..................—J&J NY&Westch Ltg 4s 2004--J&J 98 Deb g 5s 1954 op guar.-J&J North Un Gas 5s 1927__ M&N 99 X Standard G L 5s 1930—-M&N 100 N Y Municipal Ry Corp— 1st mtge 5s 1966_________J&J / —_ N Y & Pa Telep & Teleg Co— Gen s fd g 4s Nov 1929 M&N N Y & Queens Elec Lt & Pow— 1st cons g 5s Aug 1 1930—F&A 101 x 96 NY&Queens Gas 1st 5s ’34—F&A 1 N Y & Queens Co Ry 4s ’46-A&O 16 Steinway Ry 1st 6s 1922_ J&J New York Railways Corp— 87 Pur m 40-yr 6s ser A 1965-J&J Adj income 6s Jan 1 1965 Apr. 35X Participating rects—See Stocks New York Railways— 52 1st R E & ref 4s ’42 op ’16-J&J 52 Guar Trust ctfs of deposit— Adj inc g 5s Jan 1942___ A&O 6X 6 Bankers Trust ctfs of depos. Bleeck St & FF 1st 4s ’50-J&J Bway & 7th Av Cons 5s’43 J&D 72 X Ctf dep stpd Dec. ’25 int__ 70 X 80 Bway Surf RR 1st 5s ’24.-J&J Cen Crosstown 1st 6s ’22-M&N / 105 Col & Oth Ave 1st 5s ’93-M&S ‘ 11 85 Eighth Ave ctf Ind 6s ’19-F&A 40 Lex Ave & P Fy 1st 5s g ’93 M&S Second Ave con 5s g’48 gu.F&A Trust Co certifs of deposit— 37 Receiver’s certificates 1914-96 South Ferry 1st 5s 1919—A&O Third Ave—See under “T.” 60 34th St Crosst 1st 5s ’96.-A&O 23d Street Ry 5s 1962___ J&J 72 X N Y & Richmond Gas Co— 1st ref M 6s 1951 series A.M&N 102 1st ref 6s 1952.............. —M&N N Y State G&ECorp 5Xs ’62A&O 101" 1st 6s 1952......... .................. J&J 102 New York State Railways— 1st con g 4Xs ’62 op ’13-M&N 56X lstcon6Xs 1962________ M&N N Y Steam 6s 1947............... M&N 104 1st M 5s 1951_________ M&N N Y & Suburban Gas—See Westc hester N Y Tel 1st 4Xs’39 tax ex.M&N 98 X Deb 6s Feb 1949-.............. F&A 110X Ref M 6s Oct 1941..............A&O 108 % N Y Westch & Bos Ry—See Stea m RRs Niagara Falls Power 5s 1932-J&J 102 X Ref & gen 6s Jan 1932--A&O 105 X 1st & cons 6s ser AA ’50-M&N 105X Niagara Falls Water 5s 1927____ Niagara Lockport & Ont Power— 1st & ref 5s 1955 series A..A&O 101 Norf & Atl Term—See Va Ry & P 101 105 99 X rCtanadlan price, Bid. a Sale price. Ask. 100 X 93 X 94 101 X 95 X 102 106 98 X 101X J01X 115" 84 X 93 63 105 96 X 101X 102 X 65 99 X 102 95 X 95 X 90 X 92X 98X 91X 101 116X 103 X 105 90 X 100X 101 97 99 X 98 81 X 99 100X 102X 97 X 5 23 87 X 35 X 8X 9 73 74 40X 65 73 X 102 57 X 73 X 107 09 Light’g 98 X 112 109 102 X 106 107 102 39 PUBLIC UTILITY BONDS May, 1926.] NOTICE.—All bond prices are “and Interest” except where marked “f” and Income and defaulted bonds. - Bonds. Norf & Ports Tr—See Va Ry & P Norf Ry & Lt 1st 5s 1949--M&N Norfolk St 1st g 5s 1944__ J&J North American Edison Co— 8fg6s Mar 15'52 ser A.M&S15 8 f g 6Xs 1948 ser B____ M&S North Carolina Elec Power— 1st s f g 5s Oct '40 op '16--A&O North Carolina Pub Serv Co— 1st & ref 5s 1934 opt____ A&O 1st & ref 6Xs 1944_____ F&A Salisb & Spencer 5s '45__ M&N North Hud Co Ry—See P S Corp North Hudson Lt, H & P Co (Hoboken, N J) 5s 1938--A&O North Jer St Ry—See P S Corp North Shore Electric Co— 1st & ref g 5s '40 op '20__ A&O North Shore Gas Co of Illinois— 1st gold 5s 1937 opt_____ F&A North Calif Pow 5s 1932--.J&D R & cons s f 5s '48 op '15--J&D Northern Conn Power Co— 1st & ref 5Xs 1946____ M&S North Ind Gas & El 6s '52-.M&N 1st ref 5s 1929....... .............. A&O Northern N Y Utilities, Inc— 1st M & ref 5s 1963_____ J&J lBt Hen & ref 7s 1946 A..M&N 1st lien & ref 6s 1947 B..M&N 1st 1 & ref 6s 1943 C___ M&N 1st 1 & ref 5X« ser D '49..J&D 1st 1 & ref 5s 1955 ser E..J&D Watertown L & P 5s 1959. J&J Northern Ohio Power— 10-yr 7s 1935............ — F&A Northern Ohio Trac & Light— 1st consol gold 5s 1933.__ J&J 1st consol gold 4s 1933___ J&J 1st lien & ref 5s 1956____ F&A Secured 6s 1926---_____ J&D Gen & ref 6s 1947 ser A..M&S North Ont L & P 6s Apr '31.J&J Northern States Power Co— 1st & ref 5s 1941................ A&O 1st & ref 6s 1941 ser B__ A&O Conv 6Xs 1933................. M&N 614% gold notes 1933...M&N 1st lien 6s 1948 ser A____M&N 514% notes 1940________J&D Northern Texas Electric Co— Coll tr 8 f g 5s 1940 opt__ J&J Northern Texas Traction Co— 1st g 5s 1933 opt 1913___ J&J Nor Westch Ltg 5s 1955___ J&D Northwestern Electric Co— 1st gold 6s 1935________ M&N Northwestern Elevated (Chic)— 1st mtge 53 1941 opt____ M&S Union El (Loop)5s g ’45.-A&O Northwest Gas L & Coke (Chic) Cons g 5s Dec 1 1928___ Q-M Cicero Gas gen & ref 5s '32. J&J Northw Teleg—See W U Teleg Norwich(Ct)Gas & E g 5s’27.J&J Nova Scotia Tr & Pow 5s 1946__ 7s 1952 Ogden' Gas"5s' 19451” L”"-‘-M&N Ohio Pow 1st 7s 1951 ser A..J&J 1st & ref 5s 1952 ser B__ J&J 1st & ref 6s 1953_______ M&S Deb g 6s 2024__________ J&D Ohio Public Service Co— 1st M & ref 7 Xs '46 ser A. A&O 1st & ref 7s '47 ser B____ F&A 1st & ref 6s 1953 series C.M&S 1st & ref 5s '54 ser D___ M&S Ohio River Edison Co— 1st m s f 8s 1948_________J&J Ohio Service 1st 6s 1937__ M&N Ohio State Telephone— Cons & ref s r 4s-5s 1944_ J&J Ohio Water 6s June 1933________ Oklahoma Gas & Electric— 1st M 5s 1950.....................M&S Debenture gold 6s 1940__ M&S Oklahoma Ry 1st & ref 5s *41 - J&J Omaha & Council Bluffs St Ry— 1st consol g 5s 1928______ J&J Omaha & Coun Bluffs Ry & Br 1st cons g 5s Jan 1 1928__ J&J Ontario Pow 5s '43 op to ’J3.F&A Ontario Transmission Co Ltd— 1st gu g 5s '45 op bef '16.-M&N Orange & Pas Val Ry—See P 8 Corp Oregon Elec Ry 5s '33 opt.-M&N Ottawa Elec 1st g 5s 1933__ J&D Ottawa Traction— 1st M & col 5Xs July '55.-J&D Pacific Coast Pow 5s 1940.M&S Pacific Elec Ry g 5s 1942—J&J Los Angeles Pacific Co— 1st ref g 4s 1950 opt '15.-J&J L A-Pac RR con 5s '31-A&O L A Pa RR Cal 5s '43.-M&S Los Ang & Pas 5s g 1928.-J&J ras&dena & Mt L 4s '30--J&D Pacific Gas & El ref 5s '42----J&J 1st & ref 7s 1940 series A. -J&D 1st & ref M 6s 1941 ser B.J&D 1st & ref 5Xs 1952 ser C.J&D 1st & ref 5s 1955 ser D__ J&D Gen & ref 5s 1942---------- J&J Pacific Gas & Elec (Arizona)— 1st M 6s Jan 1931_______ J&J Pacific Gas Imp 4s Sept '30-Q-M Pacific Light & Power Corp— 1st & ref s f g 5s 1951 op.-M&S Pac L & P Co l"t 5s '42---J&J Guaranteed_______________ Pacific Lighting Corp— Secured g 6s 1940---------- F&A Pacific Pow & L 1st 5s '30--F&A 1st lien & gen M 8s 1930--F&A Pacific Teleph & Telegraph— 1st & col tr s f g 5b 1937-.J&J 2 Ref M 5s 1952 series A__ M&N Parr Shoals Pow 5s 1952__ A&O Paea & Mt Lowe—See Pac El Ry Paterson Ry—See Pub Serv Corp b Basis Bid. Ask. 95 98 96 99 104 X 105 Vt 10494 106 93 X 99 85 9454 100 88 100 100 101 ioox 10154 96 104X 9914 100 110 104 104 100 97 100 9754 10554 100 9314 94 95 90 84 X 99 X 95 99X 99 Vi 106 112X 10314 103 X 95 92 8554 10054 9554 10054 100 10654 113 10394 96" 101 112 105 105 101 X 99 101 65 82 86 103 104 81X 79 ♦ 81X 99 X 100 86 97 99 X 106 X 97 X 100X 98 87" 98 100 107 97 X 105 . 9894 11254 112 11354 113 9594 102 94 10054 9654 104 102 10154 97 100 105 10194 94 X 9654 40 95 9854 45 80 83 10054 10154 9994 65 100 100 X 92 81 95 86 97 91 99X 107 X 103 X 98 X I06X — — 100 x 102X 100 104 ioix 101 97 67 101 92X 84 100 93 99X 110X People’s Traction Co— P P Ry tr ctfs 4s '43 -F&A W Phila Pass 2d 5s '26-M&N 98 X Philadelphia Suburban Gas & Elec 1st M & ref g 5s '60 op '15 F&A Gen M 6s 1969_________ J&D 1st consol 6s 1943---------- J&D Phila & W Ches Tr 4s 1954.-J&J Phila & West Ry 5s1960___ J&J 101 Pisdmont & Northern— 101 1st 5s 1954_____________ J&J — Pine Bluff Co 5s 1942_____ J&J 1st 6s 1942______________ J&J 102 X Pitts Alleg & Man—See Phila Co 100.X Pitts & Birm Tr—See Phila Co 105 Pitts & Charleroi—See Pliila Co P McK & Con—See W Penn Rys 102 X Pittsburgh Trac—See Phila Co 101X Pittsburgh Rys—See Phila Co 98 X Pittsburgh Utilities Corp.— 2-yr 5% notes Aprl5’28-A&O15 Pontiac Light 1st 5s 1927.-J&J Portland (Me) El 5s '26 opt F&A Portland (Ore) Elec Power Co— 1st 1 & ref 6s 1947 ser B..M&N Portland (Ore) Gas & Coke— 1st & ref g 5s '40 opt '20--J&J 1st general 7s 1940______ J&J Portland Gas 1st 5s 1951-F&A /This price ncludes accrued interest, Bid. Bonds. 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 554s 1951.__________ J&J Conv deb 654s '34 ser A.-A&O Penn Central Light & Power Co— 1st & ref 5s 1950............ A&O 1st & ref 6s 1953.............. J&D 1st & ref 554s 1964............... .. 1st & ref 5 54s 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&D 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 54s '55 Ser A.M&S Deb 6s 1976 (with warr).M&S Pennsylvania Ltg 5s 1940__ J&J Pennsylvania-Ohio Pow & Lt— 1st & ref 554s '54 ser A__ J&J Deb g 6s 1939__________ J&J Penn-Ohio Edison 654s '27 J&J Young-Sh Ry & L 5s '31-.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 Pennsylvania Util 6s 1946______ Penn Water & Power s f 5s '40J&J 1st ref 5Xs 1953 ser A__ A&O Pensacola El Co 1st 5s '31.-F&A People’s G L & Coke, Chicago— 1st cons g 6s 1943______ A&O Refunding gold 5s 1947.-M&S Chic G L & C 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 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 '48--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 554s 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 '27.-A&O Duquesne Light 6s 1949--J&J 1st & coll tr 514s '49 B.J&J Duquesne Trac 1st 5s '30.-J&J Fed St & P V 5s May 1 '42. J&J Ft Pitt Trac 1st 5s 1935.-J&D Millv Et & Sh 5s 1923---M&N Monong St Ry 5s g 1928.J&D Wilk & E Pit 1st g 5s '29 - M& S Morn’side El St Ry 5s '33 A&O Mount Washington St Ry— 1st & coll tr gu 5s 1933-A&O Pitts Alleg & 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 '30.-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 1933......... -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 514s 1947-------- J&D 1st lien & ref 5 Xs 1953--M&N First lien & ref 5s 1960—J&J Philadelphia Elec Power Co— 1st mtge 5Xs 1972------- F&A Phila & Garretsford St Ry— 1st 5s 1955_____________F&A Philadelphia Rapid Transit— Coll tr g 5s 1957 opt s f.-F&A S f guar 5s '62 opt '17----- M&S 6s gold 1962.......... M&S Eq tr 5 Xs '26-’33 (s-a)..F&A Eq 5Xs ’26-’34 (yr).-J&D 15 Darby Media & Ches St Ry 1st 414s '36 opt '16 gu.-J&J Hest Mantua & Fairm 5Xs '34 Market Street Elev Pass Ry 1st g gu 4s 1955______ M&N Union Traction— Elec & Peo 4s tr ctfs '45. A&O fc Last sale. 1 In London, 102 93 X 95 100 109 100X 104 102 95 X 101 98 97 Ask. 95 — 101 114 104 X 102 X 96 X 101 X 99 98 X 102 99X 104 94 Vi 92X 100 97 94 101 100X 98 X 101 95 100X 99 102 97 107 99 X 106X 99 X 104X ___ ---- 106 X 99 X 105 X 99 X 103X 102 103 X 94 110X 101X 101 x 101 x 95 102X 91 95 70 80 40 102 X 98 X 98 X 105 X 100X 85 64 82 93 106 105X 84 76 76 87 86 85 83 87 85 86 90 85 81 84 85 83 66 76 80 63 77 103 X 85 10714 107 X 107 X 102 X 102 111X 101X 102 ___ 103 98 72 85 45 99 X 105 X 100X 87 67 85 96 106 X 105X 87 79 79 90 89 88 86 87 85 69 78X 85 | 65 81 103)4 87 108 107)4 107 X, 102 X 102)4 82 84 85 85 100X 87 90 101 83 X 85)4 97 86 87 61X 62 64 X 66 101 104 X 104 93" 102 105)4 104 X 65 95 91 X 95 103 96)4 105 100 99 X 100'' 101X 99 104)4 101)4 100J 105) n Nominal, Bid. Bonds. 64 Portland (Me) RR 3Xs 1951 80 1st 1 & con m 5s 1945__ M&N Portland Ry Lt & Power— 1st & ref s f 5s 1942 op__ F&A 91X 1st & ref 6s 1947 series B.M&N 100X 1st 1 & ref 7Xs '46 ser A.M&N 107 Portl’d Ry ref 5s '30 op.-M&N 94 X City & Sub con 4s '30.-J&D 91 X Port Gen Elec 1st 5s '35_ J&J 101X Portland (Me) Water 4s '27-F&A 99 X Porto Rico Rys, Ltd— 1st g 5s Nov 1 1936 op.-M&N r 89X Gen & ref 5s £ 1962_____ M&N r TAV, 97 Porto Rico Telep 6s 1944__ J&D Potomac Edison Co— 1st M 6)4s 1948...............M&N 103 X 100 1st M 6s 1949_________ M&N Potomac El Pow 5s '29 op.-J&D 100 Cons M g 5s 1936 guar__ J&J 100X Gen lien & ref 6s 1953___ A&O 106X 106 Refunding 7s 1941______ A&O Power Corp of N Y—• 1st M 6)4s 1942 Ser A.M&N 104X 1st M s f 6s 1942 Ser B..M&N 101 Deb g 6)4s 1927________ F&A 100 88 Power Secur coll tr 6s '49__ J&D Incomes June 1949______F&A f 77 Prov Secur—See Steam RR’s— Public Service Co of Colorado— Conv s f deb 7s 1933____ A&O 101 1st & ref 6s 1953 series A..M&S 100X 96 1st & ref 5)4s '54 series B.M&S Public Service Co of Nor Ill— 99 1st & ref g 5s 1956 op '21 - -A&O 1st ref 5J4s 1962 series A.J&D 104X 1st & ref 5 Xs 1964 series B.J&J 104X lst& ref 5s 1966 series C.M&N 98 X Public Service Co of Oklahoma— First & ref 5s 1966 ser C.M&N 98 X 1st M 6s series B 1949__ M&S 101X Public Service Corp of N J— Trust certs 6% perpet—M&N 102 Secured 6s 1944_________ F&A 103 X 76 Camden Sub 1st 5s 1946--J&J 53 Cons Trac 1st 5s 1933__ J&D Eliz Plainf & Cent Jersey Ry— 55 1st g 5s Dec 1 1950___ J&D 77 EUzabeth & Trent 5s '62-A&O 43 J C Hob & Pat 4s 1949.-M&N 72 Newark Pass con 5s '30__ J&J 99 Newark Term Ry 5s '55--J&D 85 N Hud Co Ry cons 5s '28. ..J&J 93 Nor Jer St Ry 4s 1948.-M&N 55 Or & Pass Val 1st 5s '38--J&D 75 Paterson Ry—Con 6sg’31.J&D 55 2d 6s '14 ext 5% to '44.A&O 77 Riverside Trac 5s I960--J&D So Jersey Gas El & Trac— Guar g 5s Mar 1 1953.-M&S 101X Public Service Elec Pow Co— 1st M sf6s 1948................. A&O 107X Public Service Elec & Gas Co— 1st & ref 5 Xs 1959........... .A&O 104 X 1st & ref 5Xs 1964______ A&O 105 X Public Utilities Evansville— 1st & ref 6s 1929________ J&J 100 Puget Sound Power Co— 1st g gu 5s 1933 opt----- iJ&D 101 Puget Sound Power & Light— 1st & ref 5Xs 1949-------- J&D 101 — 1st & ref 5s 1931 series B-F&A Puget Sound Electric Ry—• 91X 1st consol g 5s '32 op.-F&A 95 Tacoma Ry & P 5s '29-A&O Wash Coast Util 6s 1941......... - 102 X Quebec Power Co— 1st M s f 6s 1953 ser A.A&O r 103X Quebec Ry Lt H & Pow— I Cons g 5s 1939 opt-------J&D r 94 99 X Queens Bor Gas & El 5s 52-J&J Ref 6s 1953---------M&S 105 Quincy (Ill) Gas Elec & Heat— 94 1st cons g 5s 1935 op '10.M&S 99 Quincy G & E 5s 1929—M&S 86 Quincy (Hl) Ry 5s 1932..-F&A 96 X Racine (Wis) Water 5s 31-M&N 93 Railway & Light Sec 5s var------Rap Tr St Ry—See Pub Ser Corp 99 X Reading Trac 6s 1933----------J&J Rhine-Westphalia El Pr (Germ'y) Mtge g 7s 1950------M&N — Rhode Island Sub 4s 1950.-J&J Richmond (S I) Lt & RR— ---1st coll tr g 4s 1952------- .J&J Rio de Janeiro Tram Lt & P— 95 1st g 5s 1935----. ...J&J Riverside Trac— See Pub Ser Corp 99 X Roanoke G L 5s 1927-------- A&O 97 Roanoke Ry & El 5s 1953.-F&A 94 X Roanoke Tr & Lt 5s 1958--F&A 94 1st g 5s 1950 ser A----------- J&J Rochester Gas & Elec Corp— Gen M 7s 1946 series B..M&S 112 Gen M 5Xs 1948 series C.M&S 104X Roch Ry & Lt 5s '54 opt.---- J&J 101 Tax exempt---------- --------95 Roch Ry cons 5s g 1930. - A&O 84 2d 5s g 1933............. ...J&D Rochester & Syracuse RR— 42 1st M conv 5s 1957------- M&N 99 X Roch Telep gen 5s 1933—A&O 1st & ref 6s 1946------------- A&O 105 Rockford (Ill) Electric Co— 1st & ref s f 5s '39 op 14.M&S 100X 81 Rome (Ga) Ry & L 5s '46.-A&O Rome (N Y) Gas, Elec Lt & P— 98 1st 5s 1931......... -.............. J&D 98 X 1st ref 5s 1946------------88 Rumford Falls Pow 4s 1945-A&O 96 Gen M 4Xs Dec 1929---J&D Rutland Ry Lt & P 1st 5s'46.M&S Sacramento Elec Gas & Ry— Cons 5s Nov 1 1927-------M&N St Charles St RR—See N Orl Ry & Lt St Clair County (Ill) Gas & El— 1st cons guar 5s 1959----- M&S 96 X St Joseph Gas—1st 5s 1937.-J&J 93 X St Joseph Ry, Lt Heat & Power— 1st g 5s Nov 1 1937------- M&N 94 X St Louis RR—See Un Rys (St L) St Louis Springf & Peoria RR— 88 1st & ref gu g 5s '39 opt..J&D St Louis & Springf 5s '33.J&D St L & Sub Ry—See Un Rys(8t L) St L Tran—See Un Rys (St L) St Maurice Power Ltd— _ 1st M 6Xs 1953--............ F&A 108 X r Canadian price, s Sale price. Ask. 66 82 92 X 101 95 .... 101 104 X 101 100X 106X 105X 103 100 X 91 80 102 101 X 96 X 99X 104X 104X 98 X 98 X 102 X 103 104 80 55 45 76 99 X 95 .... 107 X 105X 105 X 101 101 x 102 99 X 92 X 97 104 — 101 106 X 95 100 X 88 97 X —- .... ---96 98 95 X 98 112X 105 101X 96 X 88 45 100 x 106 81X 100 100 91 98 97 X 95 X 95 X 91 109 40 [Vol. 122. PUBLIC UTILITV BONDS NOTICE.—All bond prices are “and Interest’’ except where marked “f” and Income and defaulted bonds. Bonds. Bid. St Paul City Ry. -See Twin City R T -----Paul St ---- Gasi Light — Ask. 102 101 Gen gold 5s 1944_______ M&S 102% Gen & ref 5%s 1954 ser B- J&D 102 104 Gen & ref 6s 1952............. -J&J 106 Salisbury & Spencer—See No Car o Pub S erv Salmon Riv Pow gu 5s '52 op F&A 101 — Salt Lake Term 6s 1935___ J&D Salt River Val Water Users Assn 104 6s 1938________ _______ -F&A 101 99 97 San Antonio G & E 5s 1949-M&S San Antonio Public Service— 1st ref 6s 1952 series A__ J&J 104 San Diego Consol Gas & Elec101% 101 103% 104 97 96% 103% 104 El Ry 98 97 San Fran G & E 4%s 1933--A 98 97 Not callable_____________ San Joaquin Lt & Power Corp ___ 103 1st & ref g 6s '50 ser A._] 103% Series B______________ Series C__________________ 104% 105% Unif & ref 7s 1951______ M&S 107 105' Unif & ref 6s 1952 ser B..M&S 104 Unif & ref 6s May 1 ’54 E-M&S San Joaquin Light & Power— 1st 5s 1945 opt aft '10--J&D 103 Santiago (Cuba) Elec Lt & Tr— 97 100 1st g 6s 1959 opt 1919___ J&J Sao Paulo Tram Lt & Pr, Ltd— ---1st g 5s June 1 1929____ J&D r 96% Sauda Falls Co Ltd— 95% 96 1st s f 5s 1955 ser A__ A&O Savannah Elec & Power Co— 1st & ref 7%s 1942 ser A. A&O 106% 108% 95 97 Savannah Elec Co 5s g '52-J&J Saxon Public Works, Inc— 95% 95% 1st M sink fund 7s 1945--F&A 95 96% Sayre (.Pa) Elec 5s 1947__ -_A&O Schenectady Railway Co— 60 63 1st M 5s 1946 opt 1919--..M&S 8chuylk Trac—1st 5s 1943--A&O Scranton Elec 5s '37 opt '12.J&J 102” 8% gold bonds Jan '31--A&O 81% 83% Scranton Ry—1st 5s Nov '32-J&J 71 71% 1st & ref 5s 1947_______ F&A 95 — Scran Trac 1st 6s g '32.-M&N Scran & Wilkes-Barre Tr Corp— 97 98 Coll trust 6s 1934.__ -___ A&O 82% 83% 1st & ref 5s 1951..................F&A Seattle Elec 1st g 5s '30 opt-F&A 100 —Con & refg s f 5s 1929___ F&A 101 Seattle-Everett Traction— 91 94 1st M g 5s 1939 opt 1914.-M&S 99% Seattle Ltg 1st 5s '44 opt '10-M&S 95'" 94 Ref g 5s 1949 opt 1914 --A&O 101 101% Gen Mtge 7s 1929...............T&J ---98 Deb s f 6s 1936_______ F&A Second Ave—See N Y Rys_____ Second Ave Trac—See Phila Co— Seneca Pow Corp 6s 1946--M&S Shawinigan Water & Power— 1st cons s f 5s 1934______ J&J 10tf% 105” 1st ref 5%s Jan 1 1950__ J&D 104 106 1st ref 6s 1950................. —J&J 105 Sheboygan Elec—See East Wis El ec Co Shrevep Rys—1st 5s ’26-’44-J&J Sierra & San Francisco Power— 94% 95 1st g 5s 1949 opt_______ F&A 90 91 2d M 6s 1949 series A____ J&J 76% 77% 2d M 5s 1949 series B___ J&J Sioux City Gas & Electric Co— 1st 25-yr 5%s 1950 ser C-F&A 100% 101 Sioux City Service Co— 1st M 6s Jan 2 1951......... -J&J 102% ___ Somerset Un & Middlesex Ltg— 85 Mtge g 4s Dec 1 1943___ J&D 93% So Car Gas & El 6s '42—M&S15 94% 77 81 Conv 6s Dec 15 '32—J&D15 South Cov & Cin St Ry—See Cin New & CovRy South Ferry—See N Y Rys— South Jer G E & T—See Pub Serv Corp South Pittsburgh Water Co— 94% 95% 1st lien & ref 5s 1960 ser A.J&J Southeastern Power & Light— ... Deb 6s (20 warr) 2025___ M&S With 10 warrants____________ 93% Without warrants____________ 93% Southern Bell Telep & Teltg— 1st s f g 5s 1941 opt 1916—J&J 102% 102% ---_ 1st & ref 5s 1954 Ser A___ F&A — Sou B’vard—See Third Ave Ry— Southern California Edison— Gen g 5s Nov 1939 opt__ J&J 100% Gen & ref g 6s 1944____ F&A 104% Refund 6s 1943_________ A&O 104 104% Gen & ref 5s 1944______ F&A 98 Southern Cal Gas 6s 1950—M&N 104% 105% 1st & ref 6s 1958 series C..J&D 101% 102 1st & ref 7s 1951 series A..M&S 99% 100% 1st & ref 5%s 1952 ser B.M&S Southern Calif Telephone— 99 1st M 5s 1947____________ 100 Southern Canada Pr Co Ltd96 1st M 5s 1955 series A.A&O 97 Southern Cities Utilities Co— 96 Secured 6%s 1940________ 100 8% notes 1931-------------- J&D 102 Southern Colorado Power Co98% 1st g 6s 1947 series A____ J&J 98% Southern Counties Gas Co of Calif 99% 100% 1st g 5%s May 1936___ M&N Southern Gas Co— 1st 6%s 1935 with war..M&N 97% 99% Southern Gas & Power Corp— 98 Conv 6% notes 1930___ J&D 100 1st 7s 1939 series A_____ J&J Southern Illinois Lt & Power— 1st M 6s 1931 opt_______ J&J 102% 104 Southern Indiana Gas & Elec99% 100% Deb 7s 1934____ _____ ...J&J South N E Telep 1st 5s '48.-J&D 105% Southern Ohio Elec Co— 1st M 6s 1955__________ J&D 98 100 Southern Pow 5s 1930 opt--M&S 99% Southern Sierras Power— 1st s f gu 6s Sept '36 op '18-J&J 103% 104% Southern Trac—See Phila Co— Southern Wisconsin Elec Co— 1st g 6s 1936____________ J&J 100 101 Southern Wise Pow 5s '38—A&O 92 94 Southwestern Bell Telep— 1st & ref M 5s 1954 ser A.F&A 102% 102% Bonds. Bid. iouthwest G & E 5s 1932—F&A i 97% Gen M 6s 1957_________ M&N 98% iouthwestern Light & Power— 1st & col 6s 1937_______ M&S 99% iouthwest Power Co— 1st M 6%s 1944 series A.M&N 99 Southwestern Power & Light— 96 1st lien 5s 1943_________ J&D 94% Deb g 6s 2022 series A___ M&S Southwestern Public Service Co— 94% 1st M s f 6s 1945 ser A___ J&J S W Missouri RR 5s 1931--M&S f 18 S W Mo ElEyref 5s '23--M&S Spg Br’k Wat 1st ref 5s '65-A&O 100 Spring Val Wat 1st 5s '43—M&N 99% Springfield (O) Lt, Ht & Power— 1st s f g 5s 1929________ F&A 100 99 General & ref 5s 1933___ A&O Springfield & N E Tr— 83 1st 5s 1936........ J&D ---Spriugfield (O) Ry 1st 5s '35 M&S 1st M 5s 1926-1935____ M&S Standard Gas & Elec of Delaware 6% g notes 1935________ A&O 100 97% Debenture 6s 1951_______ F&A Staten Island Edison Corp— Ref & impt 6%s '53 ser A.J&J 105% Steinway Ry—See N Y & Queens Co Ry Suburban Gas Co of Philadelphia 1st s f g 5s Apr 1 '52 op '07 A&O 101% Superior Water, Light & Power— 94% 1st 4s May 1931________ M&N Ref 5s 1929____________ M&S Syracuse Gas g 5s 1946____ J&J n 102 Syracuse Lake Shore & North— 1st M g 5s '47 opt '17__ M&N Syracuse Lighting as g 1951-J&D 101% 71 Syrac Rap Tr 1st g 5s 1946-M&S 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 — Tampa Gas 5s 1937 opt__ M&N Tennessee Electric Power— 1st & ref 6s 1947 ser A__ J&D 105% 96% Tenn Pow gu 5s 1962 opt--M&N Tenn Water 1st 5s 1946---M&S Terre Haute Indianap & East— 79 1st & ref s f g 5s '45 opt.-A&O Terre Haute Trac & Light— 94 1st con M g 5s 19 4____ M&N 99% Terre Haute El 5s 1929__ J&J Terre Haute W W Corp— 1st M 6s 1949 ser A_____ J&D 99 Texarkana G & E 5s 1930__ J&J 59 Tex Elec Ry deb 6s 1942----- J&J 55 1st & ref 5s 1947________ J&J — Tex Trac 1st 5s '37 opt__ J&J Texas-Louisiana Power Co— 1st 6s 1946 series A______ J&J n 98 98% Texas Pow & Lt 1st 5s '37—J&D 97% Deb g 6s 2022 ser A_____ J&J Third Avenue Ry (New York)— 61 1st ref g 4s 1960 opt aft '14 J&J' Adj inc g 5s Jan 1960 opt.A&O f 61% 96 Third Ave RR 1st 5s g <57-J&J Dry Dock E Bway & Battery 80 1st 5s gold 1932______ J&D New ref M ser C income___ 42d St M & St N 1st 6s 1920 ext 91 at 5% to 1940--.......... M&S 62% Sou Boulevard g 5s 1945--J&J 80% Union Ry 1st 5s g 1942.-F&A 69% Westchester El 1st 5s g '43 J&J 72 Yonkers Ry 1st 5s 1946.-A&O Thirty-fourth St Crosstown—See NYRys Tidewater Pr 1st & ref 6s’42-A&O 102 98 1st & ref 5%s 1945 ser B..A&O Tiffin (O) Water Works Co— 92 1st M 5s 1932_________ M&N Toho Electric Power (Japan)— 92% 1st s f 7s 1955 ser A__ M&S15 Tokyo Elec Light Co (Japan)— 98 6% 3-year gold notes 1928.F&A Toledo Bowl Green & Southern 75 1st M 6s 1941_________ M&N Toledo Edison 1st 7s 1941—M&S 108% 99% 1st M 5s 1947_________ M&S Tol Frem & Norw—See Lake Shor e El Ry Tol G E & H con 1st g 5s '35 A&O n 99 88 Tol & Indiana 1st 5s 1931__ J&J Toledo Traction Light & Power— 98% 5% % notes July 15 1930-J&J15 Topeka Edison 5s Sept 1930-J&J 96 Topeka Ry 5s 1930 opt 1915-J&J ?5._ Topeka Ry & L 1st 5s 1933-F&A Trenton G & El g 5s 1949--M&S lf)2% 93 Trenton(Mo)G & E 6%s'35-A&O 55 Trenton St Ry con g 5s '38--J&J 80 Trenton Pass 6s Sept 30 '8l A&O Tri-City Ry & Light— 98 1st & ref g 5s 1930 opt— J&J Tri-State Telep & Teleg— 5%s 1942____ _________ M&N 104% Troy City Ry—See Un Tr (Alb) Troy Gas 2d 6s '23 ext to '39 F&A 102 98 1st 5s 1939____________ M&N 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 103 1st cons 6s g 1934____ A&O 103 95% Cable con 5s 1937___ J&J15 Minn St & St Paul City— 97% Cons guar g 5s 1928__ A&O Twin City Telep 5s 1926___ J&J 100 Twin States Gas & Electric— 96 1st & ref 5s Oct 1953___ A&O 98% 1st 1 & ref 5%s 1945 Ser A.M&S Tyrol Hydro-Elec Pow Co— 96 1st M s f 7%s 1955................ jigawa Elec Power (Japan)— 1st M s f 7s 1945......... M&S 15 91 % Underground Elec Ry of London 95% 4%s Jan 1 1933............. ..J&J Income 6s Jan 1 1948_______ f 95% Union Depot—See United Rys St Louis Union El Lt & Pow Co of St L— 1st g 5s Sept 1 1932 stpd.M&S 101 % Ref & ext 5s '33 op aft '18 M&N 100% Union Elev RR—See N W Elev Union Ry—See Third Ave Ry Union Trac Co of Indiana— 1st 5s '19 ext at 6% to '32.J&J 23% Indianap North 5s 1932--J&J 28 Mun & Un City 5s 1936--J&J 5 Ask. j Bonds. 99 98% 1st cons g 4%s 1929____ M&N 88 89 Unit Elec Co of N J 4s 49--J&D 100% United Elec Rys (Providence)— 72 Prior lien M 4s Jan 1946 ser B. 70 Gen ref M 5s Jan 1951 ser A__ 101 59 Gen ref M 4s Jan. 1951 ser B— 96% United Electric Securities Co— Coll tr g 5s 1933 to 1955—F&A b 5.40 5.20% 95% United Fuel Gas 6s 1936___ J&J 101% 102% 96 7%s Aug 15 1931......... F&A15 — United Fuel & Supply— 100 1st M g 6s Apr 15 1941--A&O 100% United Gas & El (S F) 5s '32-J&J 100 100 United Ilium Co New Haven— 93% 95 1st 4s Feb 1 1940________ F&A 100% United Light & Power Co— 97 96% Debg6%s 1974--........... -M&N 100% 99% 100 5%% g notes 1928......... -M&S 97% 96% 1st 1 & consol 5%s 1959--A&O -- -Deb g 6s 1975--.............. .M&N 97 96 United Lt & Rys 1st 5s '32--J&D 99% 100% Conv deb 6s 1936_______ M&N 101 101 1st 1 & cons M 6s '52 ser A. A&O 100 99 United Power & Tran— 40 Del Co & Phi tr ctfs 4s '49-J&J 61” 58 United Rys tr ctfs 4s '49--J&J — United Pub Util 6s 1943----- J&J Unit Rys & Elec (Baltimore)— 72 71 ---1st consol g 4s 1949------- M&S 94% 95 1st con M 6s 1949---------- M&S 49% 50 95% Income g 4s 1949 op '29—J&D 72 71% Inc funding g 5s 1936-----J&D 99 98% 103 6% gold notes 1927.......... F&A Balt Sparrows Pt & Ches— 82 83 1st g gu 4%s 1953----- F&A ___ 10O 99 Balt Tr Co 1st M 5s '29-M&N 99 100 73 No Balt Div 1st 5s '42--J&D 99 100 Cent Ry con M g 5s 1932-M&N 72 100 99 Ext & imp 5s 1932----- M&S 100 99 Lake Ro El 1st 5s '42-M&S ----' United Railways of Havana— 112 Eq 7%s Feb 15 '36___ F&A 15 110 Unit Rys (Phila)—See Unit P & T 105% United Rys of St Louis— 78 77% Gen g 4s July 1 1934------- J&J 80 81 Gen g 5s Apr 1 1923 gu—A&O 76% St Louis Trans Co 5s '24—A&O 80 United Rys Investment Co— 99% 100% 1st lien coll tr s f g 5s '26- -M&N 99% 100 95 Stamped_____________________ 100% United Traction (Albany)— 45 47 Con g 4%s 2004_______ J&D ___ 73% Albany Ry con M 5s g '30-J&J 48 50 Gen g 5s 1947________ J&D 46 49 61 Troy City Ry 5s g 1942.-A&O 57 Unit Tr (Pittsb)—See Phila Co United Util 1st 6s '43 op '18-J&J U S Pub Serv 1st 6s '27----F&A 99 U S Telephone 1st 7s 1921 ext to 99% 1941- — ---............... .......... J&D 103% 104% 98% Urbana & Cham Ry G & E— 5s 1929_____ -----___ ------95” 94” 62 Utah Gas & Coke 1st 5s '36--J&J 95 61% Utah Lt & P cons g 4s '30--J&J 96% P 1 5s 1930______ ______ -J&J Utah Light & Traction— 90 90% 85 1st & ref 5s 1944 series A..A&O 96% 97% Utah P & L 1st 5s 1944___ F&A 94% 94 Deb 6s May 1 2022____ M&N 1st 1 & gen M 6s 1944.__ F&A 103% 104% 66 Utica El & P 1st 5s 1950---J&J 102% Utica G & El ref & ext 5s '57-J&J 101% 102% 85 105 72 Gen 5%s 1949_______ J&D15 104 Utica & Mohawk Valley Ry— 76 60 70 lstg4%s 1941__________M&S 90 Utica Belt L lse g 5s '39.-M&N 103% Valley Counties Pow 5s '30-M&N lOO" 100 Vermont Hydro-Elec Corp— 1st M 6s 1929______ -___ A&O 100% 96 97 100 Vermont Pow & Ltg 5s '27_ M&S Vicksburg Gas Co— 95 Serial 6s 1927-1945............ J&J 96'' 94% 98% Vicksburg L & Tr 1st 5s '32.-J&J 99 1st M 7s 1932--................... J&J 97” 95 80 Debenture 6s 1930_______M&S 93% 99 108% Virginian Pow 1st 5s 1942.-J&D 100% Virginia Elec & Power Co— 94% 96 1st & ref 5s 1955________ A&O 100 Virginia Public Service Co96% 90 Deb s f 6s 1946__________ F&A Virginia Ry & Power— 98% 99% 98% • 1st & ref g 5s 1934_______ J&J 99 Norf & Atl Term 5s '29_ M&S 96 96% 98 Norf & Ports Tr 5s '36---J&D 96% Wash Alexandria & Mt Vernon— 12 1st g 5s 1955 opt_______ M&S 7 96 Certificates_____________ Washington Balt & Ann El— 67% 69 1st M 5s Mar 1941 op__ M&S ow & L Wash Coast Util—See Puget Sd P 98% Wash'n (D C) G L 5s 1960--M&N 100 103% 6s M 1933 series A______ A&O 103 81% 82 105% Wash Ry & El g 4s 1951___ J&D 103 Gen & ref 6s 1933.......... M&N 96'" 94 103 Anacost & Pot 5s 1949__ A&O 94 96 100 Guaranteed____________ . 85 86% City & Sub 5s g 1948___ F&A Washington Water Power Co— Consol & coll tr g 5s 1929--J&J 102% 1st ref 5s 1939 op_______ J&J 102 Waterloo Ced Falls & No Ry— 95% 10 1st M s f g 5s 1940 op '15--J&J Certificates of deposit_____ 10 98 Watert'n L&P—See No N Y Util Westchester Elec—See 3d Av Ry Westchester Lt 1st g 5s '50.-J&D 102% 103 96% N Y Sub Gas—1st g 5s '49-M&8 100 West Chester (Pa) St Ry—• 83 86 1st g 5s Aug 7 1932_____ F&A 96% West End St Ry—See Boston El West Kentucky Elec Power— 98% 93% 99% 1st M 5%s 1955 series A.M&S West Liberty St Ry—See Phila Co West Penn Power— 1st M 5s '46 op '21 ser A.M&S 100% 101% 102% 1st M 5s 1963 series E.__ M&S 102 105% 1st M 5%s 1953 series F .A&O 105 101% 1st M 7s 1946 series D___ M&S 105% 106% 101% West Penn Railways Co— 96% 97 1st g 5s Jan 1 1931_____ A&O 100% Deb g 6%s 1927-......... ..A&O 100 Pitts McKees & Connells RR 96% 26% 1st cons 5s Jan 1 '31___ J&J 85% West Penn Tr 1st 5s 1960--J&D 86% 30 W Phila Pass Ry—See Phila R T o Purchaser also pays accrued dividend, b Basis, d Price per share not per cent. J This price Includes accrued interest, k Last sale, oPer cent of par value, r Canadian price, s Sale price, a: Ex-dividend. « Ex-rights. z Ex-Apr 1 and Oct 1 1924 interest. Ask 98% 99% n Nomina’. May, 1926.] PUBLIC UTILITY BONDS AND STOCKS 11 NOTICE.—AU bond prices are "and interest” except where marked "f” and income and defaulted bonds. Ask. Bid. Par. Bid. Par Bid. Ask Bonds and Stocks. Ask. Stocks. Stocks. 20 26 West Va L H & P 6s 1929..J&D 101 M Arizona Power______________ 100 178 Consumers Gas (Toronto)____ 50 177 76 97 100 78 West Va Utilities 6s 1935—J&J Preferred (7%)___________ 100 Consumers Pow (Mich) pf6% 100 98 M 97 M Westerly L & P 5s 1937___ J&D Arkansas Cent Power, $7 pref (t) d 102 6.6% preferred__________ 100 102 M 104 103 M Western N Y Utilities 5s ’46. J&D 150 Continental Gas & Elec com..100 100 97M 98M Arkansas Light & Pow com__ 100 120 Western Power Corp— 97 99 Preferred________________ 100 7% prior preferred_______ 100 94 M 93 M Deb s f 6Ms 1954.............. J&D 100M 101M Arkansas Natural Gas______ 10 d 6M 6% preferred________________ «M 98 M 97 M Western Public Service Co— Asheville Pr & Lt $7 pref— d 103M 104M Continen Pass Ry—S^e Phila R T ___ 1st M 6s ser A 1950____ A&O 99 d 29M 30M Cumberland Co (Me) P & Lt—50 99 M Assoc’d Gas & El com Cl A 52 Western States Gas & Electric— 49 Pref (original) $3M div „ Preferred________________ 100 d 92 105 1st & ref 5s 1941 opt____ J&D 100 101 Pref $6 dividend series____ (f) 82M 85 M Dallas Power & Llgnt 7 % pref 100 104 1st & unif 6s 1947 ser A..M&S 100 94 99 98 Pref $7 dividend series____ (t) Dayton Power & Light pref__ 100 100 100M 44 48 6% gold notes 1937____ A&O Option warrants ($35 paid)___ Dayton & Western, common_ 100 97 M 95 Western T & T coll tr g 5s ’32 J&J 100 M 101 Option warrants (full paid)___ 90 Preferred________________ 100 Western United Gas & Elec Co— Augusta-Aiken Ry &E1______ 100 Denver Tramway (new) com___ Preferred________________ 100 71 73 32 37 1st 5Ms 1955 Ser A____ J&D 99 M 99 M 94 West Un Teleg coll tr 5s 1938. J&J 102 M Baltimore Electric pref_______ 50 46 M 47 M Derry (N H) Elec Co 7% pref. 100 Pdg & R EM 4Ms g ’50—M&N 131 Detroit Edison_____________ 100 129 97 M Bangor Hydro Elec com______ 100 116 97 M 6Ms Aug 1 1936............... .F&A 113M 113M Preferred________________ 100 102 Detroit United Ry__________ 100 2M 1M Mut Un6s ext at 5%to’41 .M&N 99 Bangor Ky & El common_____ 100 115 120 Duluth Edison Electric_____ 100 Northw’n gu g 4Ms 1934..J&J Preferred________ ...100 102 Preferred________________ 100 98 M Westphalia United El Pr (Germ) Baton Rouge Elec Co________ (+) d 51 33 36 Duluth-Superior Trac Co___ 100 1st M s f 6 Ms 1950_____ J&D Bell Telephone (Canada)_____ 100 137 35 87 Preferred________________ 100 86 M 104 Whatcom Co Ry&Lt 5s '35.M&N 94 Birmingham Elec $7 pref.___ (+) d 102 Duquesne Light—See Phila Co—• 96 106 Wheeling (W Va) Electric Co— Blackstone Val Gas & E_______ 50 d 90 94 Eastern Conn Pow 7% 1st pf.100 104 53 1st M 5s 1941 opt............ M&N Preferred________________ 100 102M Eastern Mass St Ry com____ 100 52 M 99M 100 Wheeling Public Service Co— Bleeck St & Ful Fy—See N Y R.vs First preferred stamped.__ 100 62 M 58 Cons 1st 68 Oct 1952________ 77 , 82 Boston Consol Gas 6M%pref 100 109 Preferred B stock_________ 100 43 Wheeling Trac 5s g 1931___ J&J 88 Boston Elevated RR com___ 100 78 Adjustment stock_________ 100 77 M 40M 97 103 Wichita RR & Lt ref 5s ’32.A&O Preferred________________ 100 Eastern N J Power 8% pref__ 100 101 87 85 M 73 Wilkes-Barre G&E 5s’55 opt. J&J 101M 102M 1st preferred_____________ 100 x 117 Eastern N Y Utilities com.__ 100 75 83 Wilkes-Barre & Hazleton RR— 2d preferred______________ 100 102 M 105 Preferred_________________100 90 92 1st coll tr g 5s 1951___ M&N15 45 26 Eastern Shore G & El 8% pf.25 «Z25M 91M 48 M Brazilian Tr L & P Ltd_______ 100 22 Wilk & E Pitts St Ry—SeePhil Co B’way & 7th Av RR—See N Y Rys Eastern States Corp com_______ t d 16 92 W’msport Gas—1st g 5s ’39.F&A Brooklyn City RR___________ 10 7M Pref without warrant________ f d 88 7M 1 Wilmington & Chester Traction— Brooklyn Edison Co_________ 100 137 Warrants______________________ d 3 138M 66 Coll trust 6s ext 1933.__ A&O Eastern Texas Elec Co new__ (t) d „ 92 M 65 M 93 M Bklyn-Manhat Tran v t c (no par) 104" Wilmington (Del) Gas Co— Pref tern v t c_______ (no par) 84 Preferred________________ 100 102 84M 72 1st & ref s f 5s 1949_____ M&S East Bay Water (San Fr) com. 100 995 95 M 71M 96 M Brooklyn Union Gas___ (no par) 1st & ref 6s 1949................ M&S 101 Buffalo General Electric, (no par) Preferred A______________ 100 103 94 M 24M 1st & ref 7s 1949________ M&S Buff Niagara & East Pow com (t) 110 Preferred B______________ 100 103 25M Wilmington (Del) Lt & Pow Co— Preferred_________________ 25 25 East Penn Electric Co__ (no par) d 24M 1st M 5s 1960................. A&O 95 1st preferred (7%)___ (no par) d 102M 96 M Califtrnia-Ore Power pref___ 100 Winnipeg El Co 1st ref 5s ’35 J&J r ____ Calif Ry & Pow prior pref__ 100 105 2d preferred (8%)____ (no par) d Ref M 6s 1954_________ A&O East Read’g El—See Read’g Trac 97 97 M Camden & Sub Ry—See P S Corp Winnipeg E L St Ry 5s ’27—J&J r nlOO Canadian General Electric__ 100 rn — East St Louis & Suburban___ 100 Wisconsin Electric Power Co—■ Preferred Preferred________________ 1001 56 M 56M 45 60 215 1st M 5s 1954 ser A____ F&A Cape Breton El Co pref_____ 100 99 100 Edison Elec Ilium (Boston).. 100 Eighth Ave RR—See N Y Rys Wisconsin Gas & Electric— Capital Trac (Wash, D C)__ 100 103M 105 106 Electrical Securities, pref___ 100 1st g 5s 1952 opt 1919___ J&D 99 M 100M Carolina Power & Light pref.100 104 Central Arlz L & Pow com 100 Electric Bond & Share pref__ 100 107 Wisconsin Minn Light & Power— 107 M 102* 1st & ref 5s 1944 opt ’19..M&N 97 % Preferred_______________ 100 Elec Bond & Share Sec Corp____ d 68M 69 M 98 M Cent Arkan Ry & L Corp pref. 100 100 Gen & ref 7s 1947_______ J&J 104M 103 Electric Investment Corp___ 100 Cent Crosst RR—See N Y Rys Preferred________________ 100 Wisconsin Power & Light— Central Ga Power com______ 100 Electric Investors— 1st & ref 6s 1944 ser C—M&N 101 103 125 Cent Hudson Gas & Elec____ 100 135 Com without war_________ (t) d 37M 38 M 1st & ref 5Ms 1955 ser D.J&D 99 100 96 99 100 Central Illinois Light 6% pf—100 7%Preferred______________ (t) d 95 Wisconsin Pow, Light & Heat— 89 Elec Power & Ltg tem ctfs.__ (|) d 19 1st & ref 5s 1946_____ J&D 88 M 19M 94 M 95 M Cent Ill Pub Serv pref__ (no par) 89 90 Cent Indiana Power pref____ 100 Allot ctfs for pf stk 40% pd__ d 101 Wisconsin Public Service Corp— 102 M 92 106 103 Gent Miss Val Elec Prop pref.100 Allot ctfs for pref full paid___ d 103 1st 1 & ref 8s 1952 ser A__ A&O 102 Cent Pk N & E RR—See N Y Rys Preferred temp ctf________ (t) 1st & ref ds 1942....... .......... J&J 99 100 93 M 93 M 97 Central Pow & Light 7% pref.100 Wisconsin R r Light & Power— 6M 98 M Electric Ry Securities__ (no par) d 5 22 96 26 Elec Storage Batt—See Ind & M isc Cos 97 Central States Elec Corp____ (t) 1st & ref 5s 1933____ ____ F&A 94 94 95 Wiscon Riv P. >w 1st 5s ’41_ M&N Preferred________________ 100 96 Elizabethtown Consol Gas__ 100! 85 Eliz & Tren RR—See Pub S Corpl Wisconsin Tra e L H & Power— Ches & Poto Tele of Balt pref.100 113 100 Chic Aur & Elg Corp vtc______ d 18 99 1st M 5s July 1931............. J&J 100 24 Elmira W, L & RR 1st pf v t C.IOO' 98 Chic City & Con com part ctfs.(t) d 1st M 7 Ms July 1931____ J&J 105 M M M El Paso Elec Co (Del)__ (no par)'d 70 104" Pref partic ctfs_______ (no par) « 3« Preferred series A_________ 100! 102 Wisconsin Valley Electric— 4M 104 99 100 Chicago City Ry____________100 Preferred series B_________ 1001 102 1st & ref 5s 1942........... .M&N 7 72 io" Empire & Bay State Teleg____ 100* 68 103 102 Chicago Rys partic ctfs series 1 — 1st mtge 5Mk 1942____ M&N 85 1 Series 2_________________ 2 Empire District Elec pref.!__ 100 Worcester & Conn Eastern Ry—• 82 Series 3_________________ 80 1st s f g 4Ms 1943........... ..J&J 96 M 1M Empire Gas & Fuel Co pf 8%.100' 95 M Series 4_________________ Empire Power Corp com_____ (t)!d 22 M 23 M Wore Con St Ry 6Ms 1930.F&A 93 M 85*” $6 preferred_______________ (+)|d 93 Chicago Rapid Transit Co— 1st & ref g 4Ms 1930____ F&A 93 M 22 10 90 Voting tr ctfs for com stock__ 92 Deb gold 5s ) 927_______ M&N 10M Engineers Pub Serv com_____ (f) d 21 92 98 Prior preferred______________ 95 70 Preferred________________ (t) d 97 M Wore & Clint 7s 1930......... J&J Erie Lighting pref______ (no par) d 29 30 Chicago Sub Gas & Electric_ 100 Worcester Gas Light CoPreferred________________ 100 Essex & Hudson Gas_______ 100, 131 133 1st M 5Ms 1939 series A—J&J 105 Chris & 10th Sts RR—See NY Rys Fairm’t Pk & Hadd Pass Ry—See Phila R T 1st M 6s 1939___________J&J 105 47 85 Cincinnati Gas & Electric___ 100 45 Wore & So St Ry 7s 1928—M&S 90M Fall River Elec Light Co____ 100, 60 Fall River Gas Works______ 25 d 57 Yadkin River Pow 1st 5s ’41.A&O 100M 100M Cincinnati Gas Transp _ —___ 100 115 118 Federal Light & Tr com new_ (f) d 31 Cine New & Cov Lt & Trac__ 100 Yarmouch Light & Power, Ltd— 31M 85 M 67 " 83 66 87 86 Preferred________________ 100 Preferred________________ 100 d 85 1st M 5s 1937 ................... A&O 33 106 105 Cincinnati Street Ry_________ 50 1st refunding 8 ■ 1951___ M&N 102 33 M Ft Worth Pow & Lt 7% pref_ 100 43 Cincin & Suburb Bell Telep__ 50 Franklin Telegraph (guar)___ 100 Yonkers Ry—See Third Ave Ry 82 M IT* Galveston-Houston Elec Go—lOO Cities Service com____________ 20 16 York Haven Water & Power— 41M Preferred________________ 100 Preferred________________ 100 50 1st 5s June 1 1951............. J&D 99 M 100 M 84 M 7M Preferred B_______________ 10 Gas & Elec of Bergen County. 100 88 Cons M 5s May 1 1957.-M&N 93 M 94 M 74 Preferred BB_____________ 100 York Rys 1st M g ’37 opt.J&D Gas & Electric Securities.__ lOO 95 M 96M Preferred________________ 100 n Youngstown & Ohio River— Cities Service Bankers shares, (t) 20 M 44 Citizens Gas (Indianap) com..25 Gen Gas & Elec (Del) com A _(t) 37 1st M g 5s 1939 opt 1915.-A&O Preferred________________ 100 n 105 Common class B.________ (t) 33 Youngs-Shar Ry & Lt—See Pa-O P & L ____ ________Ry _____ Preferred class A 7%______(T) Citizens’ Pass Ry—See Phila R T Youngs-Shar & Lt___________ —See Mah&S Ry & 96 M Citizens Traction—See Phila Co 107 Zanesv Ry L & P—Se Col New & Zanesv Preferred class A 8%______ (t) City Pass Ry—See Reading Tr Preferred class B 7%_____ (T) 94 39 42 City Ry (Dayton, Ohio) ____ 100 General Public Serv $7 pref __ (+),«■ 102 PUBLIC UTILITY STOCKS. 65 92 Par Preferred________________ 100 70 $6 first preferred_______ *..(t)|d 89 Cleve Elec Ilium common.__ 100 290 Georgia Lt Pow & Rys com_ 100 d 72 Adirondack Power & Light__ 100 50 76 6% preferred_____________ 100 106 Preferred________________ 100 82 105 78 7% preferred_____________ 100 102 106 M 110 Cleve Painesv & Eastern RR.100 132 Georgia Ry & El co stmpd__ 100 130 8% preferred_____________ 100 107 93 Preferred________________ 100 85 Alabama Power pref________ 100 105M 87 106M Cleveland Railway__________ 100 96M 92 141 Coast Co Gas & El 1st pref__ 100 Georgia Ry & Power com___ .100 125 All America Cables Inc______ 100 136 130 102 2d preferred.__ '__________ 100 n 92 First pref cum 7%________ 100 101 Allegheny Traction—See Phila Co 96 Colorado Power pref_________ 100 100 First pref cum 8%________ 100 112 113 Amer Brown Boveri Electric— Geld & Stock Teleg (guar)___ 100 115 Participating stock (temp).(t) d 37 37 M Columbia Gas & Elec.__ (no par) dx 76 M 77 117 94 M Preferred________________ 100 dxll2M 113M Grand Rapids Ry prer_______ 100 15 Preferred (temp ctfs)_____ 100 94 M Columbia (SC) Ry Gas & El. .100 Great Western Power pref____ 100 lfilM American District Telegraph— 23" 95 Hackensack Water___________ 25 d 20 Preferred________________ 100 Common____________ (no par) d 65 70 Columbus (Ga) El & Pr com. 100 210 i’referred________________100 107 110 225 Preferred_________________ 25 d 25 28 2d preferred__________________ 100 102 104 Harrisburg Lt & Power pref___ 50 d .... Amer Elec Power 7% pref___ 100 1HM 111M Columbus Ry P & L com____ 100 65 Hartford Electric Light_____ 100 270 280" American & Foreign Power— 19 Preferred A______________ 100 98 Common____________ (no par) d 18 M Hartford City Gas Light com..25 d .... 100 62 M 95 Preferred_________________ 25 d 43 Preferred____________ (no par) d 90 91 Preferred B______________ 100 97 44 Havana Elec Light & Power.. 100 74 Commercial Union Teleg (gu)_.25 d 18 20 Amer Gas & Elec com__ (no par) d 72 M Preferred________________ lOO 6% preferred (new)________ (f) d 90 91M Commonwealth-Edison Co__ 100 139M 139M Commonwealth Pr Corp.(no par) d 34M Havana Elec & Utilities________ t ds 38M 35 41 America n Light & Traction__ 100 205 210 Common stock options_______ 40 Preferred__________________ t ds 69 42 Preferred_________________ 100 106 108 69 M Preferred________________ 100 Amer Power & Light com___ (+) d 54M< 55 M 84 M 84M Helena Light & Ry com________ Preferred________________ 100 Community P & L 1st pf 7 % _ _ 100 95 94 Preferred_____________ 10093 98 Holyoke Water Power_______ 100 450 Optional warrants 1931______ d -- ---2nd pref 8%_____________ 100 95" Coney Island & Bklyn RR__ 100 Houston Gas & Fuel pref____ 100 97 100 Amer Public Service 7% pref.100 — 48 M Hudson County Gas_________ 100 130 80 Connecticut Elec Serv pf____ (t) d 63 133 65 American Public Utilities. 100 77 Idaho Power 7% pref________ 100 103 M 105 Connecticut Ltg & Pr 7% pf—100 107. 89 7% prior preferred_______ 100 86 110 Illinois North Utilities pref__ 100 92 8% preferred_____________ 100 117* 7 % participating preferred. 100 — -120 86 99* Illinois Power & Light 7% pf—100 Amer States Sec, com A_____ t d 2M 6 M % preferred___________ 100: 100 3 102 97 M Illinois Traction com________ 100 Connecticut Power__________ 100 245 2 Common B________________ t d 1 M 260 Preferred________________ 100 96" Preferred________________ 100 104 Warrants___________________ d M M Ilium & Power Securities____ 100 Connecticut Ry & Lighting__ 100 40 92 62 Amer Superpower Corp 1st pf (t) d ___ 64 Preferred________________ lOO Preferred________________ 100 63 85 Amer Teleg & Cable guar.__ 100 38M 65 39 M American Telep & Teleg...'_ 100 146 146 M Cons Gas EL&P (Balt) _ (no par) d ___ 50M Indiana Lighting____________ 100 Indiana Service Corp com.__ 100 130*' 8% preferred_____________ 1O0 126 Amer Water Works & Electric— Preferred________________ 100 7% preferred_____________ 100 112 95 Common new_____________ 20 d 49 M 49 M Indiana Union Traction...__ 100 6M % cum pref series C____ 100 110 1st preferred (7%)_________100 zd 102m 105 Indianapolis Gas_____________ 50 d 55*' 6% cum pref series D______ 100 103 60 Apr>alachlan Power__________ 100 81 Indianap & Southeast Tr pf_ 100 ___ Consolidated Gas (N Y)—See und er N Y City 7% preferred______________ 100 101 M Indtanapo) is Street Ry Co___ 100 43 M Consol Power & Ltg pref (7 %)__ 104 108 48 M Indianap W W Sec pref_____ 100 95 Cons Trac of N J—See P S Corp 97 Indianapolis Water Co pref—100 Consol Water (Utica) Cl A_ 100 24 25 Iuterboro R T vot trust ctfs..100 44M 7% preferred__________ :..100 102 45 105 Internat Ocean Teleg (guar)._100 99 Cons Trac (Pittsb)—See Phila Co 102 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, n Nominal. Canadian price, s Sale price, u Ex-warrants. ® Old Stock, w Ex-cash and stock d'vs. x Ex-div. u Ex-rlghts. t Without par value. V2 PUBLI(^UTILITY STOCKS [Vou 122. Par. Bid. Par Bid. As*. Ask. Par. Bid. As*. Stocks. Stocks. Stocks 69 International Ry v t c_______100 29% 30 X Norfolk Railway & Light_____ 25 d 26X 27 X St Jos Ry, Lt & Pow, pref___ 100. 43 San Joaquin Light & Power.. 100 International Telep & Teleg..100 123% 123)4 Northampton (Mass) St Ry_ 100 49" International Utilities A____ (1) d32 32)4 North American Co com_____ 1C Preferred A 7%...................... 100 48 X 99 X 49% 6% preferred______________ 50 50 5% Prior preferred___________ 100 103% 104 Class B__________________ (t) d5X 100 North Amer Edison pref____ (1) Savannah El & Pow deb atk_.100 107 95 Interstate Public Serv, pr lien.100 98 "9" Nor Amer Utility Sec— Scioto Valley Trac common.. 100 Iowa Southern Util. 7% pref..iOO 96 92 65 Allot ctf 1st pref full paid . .100 First preferred____________ 100 Jacksonville Traction, com__ 100 15 94 X 19 28 Allot ctf 1st oref 25% paid. 100 20% Preferred________________ 100 Preferred________________ 100 50 98 91 180% North Boston "Ltg Prop com.(t) 95 Shawinigan Water & Power..100 Jersey Cent Pow & Lt pref__ 100 96 26 Preferred________________ 100 100 103 Sierra Pacific Elec Co com----- 100 Kan City Pow <5rLt 1st pf ser A (t) d 108 X 109 24 X 83 85 Northern N Y Util pref_____ 100 103 105 Kansas City Power Secur____ (t) d -----Preferred________________ 100 15 99 Northern Ohio Power_______ (t) 16 101 Preferred____________ (no par) d -----Sioux City Gas & El 7% pf--100 76 65 North Ohio Tr & L pref 6%-.100 Kansas Elec Pow 7% pref____ 100 97 76% Somerset Un & Middlesex Lt.100 72 X Nor Ontario Lt & Pow com__ 100 Kansas Gas & Elec 7% pref. .100 100 73 X Southeastern Gas & Elec 7% pfd. 77 82 28 27% Preferred________________ 100 Kentucky Securities Corp.___ 100 85 Southeastern Pr & Lt com..(t) Northern States Power_____ 100 103 105 80 98 X 101 Preferred (6%)___________ 100 77 Preferred..____ __________ (t"> 8% Preferred________________ 100 101 x 102 Kentucky Utilities, pref______ 100 92)4 Option warrants____________ 93)4 6 25 119 Northern Tex Elec Co com__ 100 South Calif Edison common..100 118 Keystone Telephone_________ 50\d 5)4 40 30 50“ Preferred________________ 100 New common____________ -25 29 X Preferred_________________ 50 d _. 98% 50 99% 49 55 Northwest Electric__________ 100 Ke 6% preferred_____________ 100 •ey System Transit, pref. 112 81 86 Preferred 7%.____________ 100 101 7% preferred_______________ 100 110X Prior preferred_______ 39 140 105 42 Northwestern Teleg (guar)___ -50 Knoxville Pow & Light, pref.-lOO 103 8% preferred_____________ 100 130 Laclede Gas Light__________ 100 153 155)4 Ohio Bell Telep pref_________ 100 108 X 109 X Southern Canada Power------- 100 ry 89 d‘2 Rights___________________________________ r 34 Ohio Fuel Corp___________ 25 Preferred_________________1001 85 34% Ohio Gas & Electric pref____ 100 100 Preferred________________ 100 r 100% Lake Shore Electric, com___ 1001 ----35“ 94 30 Ohio Power 6% pref-------- ..100 96“ Southern Cities Utilities com----First preferred____________ 100! ----83 87 99 Ohio Public Serv pref A (7 %). 100 100 Second preferred__________ 1001 ----Preferred___________________ 24 . 104 Ohio River Edison 7% pref—100 Laurentide Power___________ 100 r 99 X Southern Col Pow com A---------25 d 23 92 5 '7% 13% Ohio Trac—Com deposited—100 Lehigh Power Securities, (no par) d 13 Preferred__________________ 6 Lehigh Valley Transit, com___ 50 d 26 Com (undeposited)--------22% 7% South & Atlan Teleg (guar).—25 d 2’ ___ Preferred_____ ____________ 50 d 48 d Preferred deposited----- 76 Southern Gas & Pow 7% pref __ 24 32 79 Preferred (undeposited). _ Lone Star Gas______________ 25'd 31 Ciass A stock_____________ (t) d 23 29 135 149 Oklahoma Natural Gas---------- 25 Long Island Lighting ctm___ (t)id 125 29 X Southern New Eng Telep----- 100 146 4 106 8 Omaha & Council Bluffs____ 100 So Jer G El & Tr—See P S Corp 7% preferred_____________100: 105 32 36 Los Angeles G&E Corp, pref. 1001 96 Preferred________________ 100 Southwestern Bell Telep pref. 100 112% 113% 97)4 95 98 99 . 96 24 Ottawa Light Heat & Pow—100 Loulsv Gas & Elec com cl A._(t) d 23 K Southwestern Gas & El 7% pf.100 Preferred________________ 100 102% 103 Southwestern Lt & Pr com A..(t) d 55 Louisville Railway Co_______ 100 35)4 33)4 63 56 57 66 Ottawa Traction____________ 100 Common class B_________ (t) d 55 Preferred_________________100 17 85 60% Pacific & Atlantic Tel (gu)----- 25 18% Lowell Electric Light_________ 25 d 60 Preferred______________ - - - (1) d 81 62 99 100% Lowell Gas__________________25 d 59 Pacific Gas & Electric_______ 100 123% 123% Southwestern Pow & L pref. .100 ____ k 22% 98 First preferred____________ 100 Mackay Companies_________ 1001 129 X 133)4 99 55 58 70% Pacific Lighting Corp-----------100 312 Preferred_________________100) 70 X 98 35% 101 Manitoba Power Co____ (no par) r 35 Preferred (6%)___________ 100 95)4 95X Springfield (Mo) Ry & L, pref 86 80% 90 Manhattan Elev Ry (N Y)__ 100, Preferred (5%)___________ 100 Spring Valley Water--------------100 104% 54% Modified guarantee_______ 100 55)4 Pacific Pow & Lt 7% pref----- 100 100 I Standard Gas & Elec com (no par) 54 X 54 X Manila Electric Corp___ (no par) d 31 33 Pacific Telep & Teleg________ 100 119)4 120 7% cum prior pref------------ 100 100X 101% 60 Marion (O) Water, com...(no par) d 55 Preferred________________ 100 100 X 101X 55 X 8% cum preferred--------------- 50 55 X 7 86 90 93 8 Paterson & Passaic Gas & El. 100 Market St Ry (San Fran cisco ).100 88 Standard Pr & Lt Corp pref .(t) 84 95 105 30 Staten Island Edison comvtc(t) Preferred_________________ 1001 27% Pawtucket Gas pref_________ 100 120“ 95 44 Peninsular Telep Co com------- 100 117 100 Prior preferred___________ 100, 42 $7 preferred______________ (1) 16 92 94 18 104 Second preferred__________ 100 Preferred________________ 100 102 $6 first preferred--------------- (t) 80 X Penn Central Lt & Pow pref..(t) d 72 73 Massachusetts Gas Cos_____ 100 x 80)4 Sub R T St Ry—See Phila Co 95 68 99 Preferred_________________ 100 Penn-Ohio Elec Co pref_____ 100 Superior Water L & P com—100 67)4 75 107 Massachusetts Ltg Cos, com..(t) d 73 Penn-Ohio Pow & Lt 8% pref-100 105 Preferred _________________100 95 290 100 95 97 6% preferred_____________ 100 7% preferred_____________ 100 Tampa Electric Co__________ 100 280 120 106 60 Pennsylvania Pow & Lt pref.-(t) d 105 8% preferred_____________ 100 New stock_______________ -(t) d 57 99 104 145 99% Memphis Pow & Lt, 7% pf.no par d 103 Pennsylvania Water & Pow..100 Tennessee Elec Pow 1st pref (7%) 82 12l" Metrop Edison pref seiies C. (t) d 91)4 92)4 People’s G L & C (Chic)____ 100 j 120 1st preferred (6%)------------ 100 “5“ 3 Mexican Telep & Teleg______ 10 d -----Phila Co (Pittsburgh)________ 50 d 74 74 X Terre Haute Ind & East-------- 100 35 25 Preferred_________________ 10 d ____ 5% non-cum preferred_____ 50 d 38 Preferred________________ 100 38 X 92 100 Mexico Tramway___________100 r -----6% cum preferred__________ 50 d 48 X 49 X Terre Haute Tr & Lt pref----- 100 105 110 Middle West Utilities___ (no par) d 109 25 Allegheny Traction_________ 50 d 20 Texas Power & Light 7 % pref. 100 104 38 38 X 104 Preferred_________________100 103 39 Citizens Traction__________ 50 d 37 Third Avenue Ry (N Y)------- 100 103 Prior lien stock___________ 100. 113)4 114% Consolidated Trac pref-------50 d 20 Tidewater Power 8% pref----- 100 101 116" Tol Bowl Gr & Sou Tr com. Midland Utilities prior lien ..100' 98)4 99 Duquesne Light 1st pref—1001 115 Milwaukee Gas Light 7% pref 100' 107)4 109 Federal St & Pleasant Val__ 25 d 12% 15 Preferred 5%_________ Milw Elec Ry & Lt, 6% pref..100' 91 47 Monongahela Lt & Pr_____ 50 d 44 Toledo-Edison prior pref(8%)100 115 Minnesota Pow & Lt 7% pf--100 100)4 101)4 Monongahela St Ry________50 d 23 Preferred A (7%)--------------100 101 X 102% Mississippi Pr & Lt, 8% pref._(t) d 101 105 Pittsburgh & B’ham Tr____ 50 d 25 Tri-City Ry & Light pref..-.100 89)4 92 X 10 Mississippi River Power____ 100 ___ Sub Rap Tran St Ry_______50 d 22% Tri-State Telep & Teleg---------- 10 d 8 94“ 11 Preferred_________________100. 92 Preferred_________________ 10 d 9 United Traction pref_______50 d 47 82 Mobile Electric, pref________ 100 92 Troy (N Y) Gas_______ (no par).d 80 Philadelphia Electric_________ 25 d 46% 23% Philadelphia Rapid Transit___ 50 d 54 Mohawk-Hudson Power com.(t) d 23 23d Street—See N Y Railways I 55 First preferred_____________(t) d 104 200 105 Citizens Passenger guar-------50 d 190 Twin City Rapid Transit......... 100 r 69 69 X Second preferred__________ (T) d 94 96 75 Continen Pass Ry ($29 pd)..5O d 65 Preferred________________100 101 1I0" Mohawk Valley Co new____ .(f) d 35)4 36 40 Union St Ry (NewBed,Mass)_100 x Fairm’t Pk & Hadding’n----- 50 d 30 1 Monongahela L & P—See PhilaCo 255 Union Trac of Ind common—100 Frandf’d & Southwark Pass.50 d 10 Monongahela St Ry—See PhilaCo 76 Germantown Passenger-------50 d 70 First preferred___________ 100 2 Monon-West Penn P S 7% pf-25 d 20)4 Green & Coates Sts ($15 pd).5O d 60 Second preferred_________ 100 Mo ntana Power___________ 1001 77 40 77)4 Hestonville M & F com____ 50 d ------ k 22 X United Elec Ry (Providence). 100 d 36 Preferred_________________100 116 118 Preferred_______________ 50 d ------ k 36 United Elec Secur pref---------- 100 100 93 95 Montreal Lt, Ht & Power___ 100r 222)4 223 110 Phila Pass Ry (322X pd..)..5O d 100 United Gas & Elec pref_____ 100 70 Montreal Telegraph__________40 r 48)4 74 24 Phila & Darby Pass Ry____ 50 d 20 United Gas & El of NJ 5% pf.100 48)4 Montreal Tramways, com___ 100 r 162 57 170 Phil & Gray’s Fy ($25 pd)---- 50 d 53 United Gas Improvement------- 50 d 99X 70 Debenture 5% stock_________ r -____ 60 Philadelphia Traction_____ 50 d 58X United Ill Co of New Haven.. (1) d 67 14% Montreal Tramway & Power. 100 r ----United Lt & Pr com A__ (no par) d t 14 Ridge Ave Pass ($28 pd)___ 50 d 160 170 Mountain States Power, com. (T) d 20 20 Common Class B_____ (no par) d t 18 2d & 3d Sts Ry guar_______ 50 d 160 170 Preferred_________________100 96 100 86% 13th & 15th Sts Pass Ry___ 50 d 160 Preferred Class A_____ (no par) d 84 X 170 Mountain States Tel & Tel__ 100 112 45 110 Preferred Class B_____ (no par) d 44 Union Pass ($30 5-6 pd)___ 50 d 104 79" Narragansett Electric________ 50 d 77 20c Union Traction ($17)4 pd)..50d 39% 40 United Rys of St Louis com__ 100 10c. National Elec Pow cl A_____ (1) d 21)4 k 141 22)4 West Phila Pass guar________ 50d Preferred________________ 100 7 7X 95 7% preferred......................... 1001 94 Phila & Western Ry com______50 d 12% 13X United Rys & El(Balt) com—50 d 18 National Light, Heat & Power. 100 30 27 36 Preferred__________________ 50d 35 United Rys Investment Co__ 100 26 Preferred_________________ 100 72 45 Piedmont & Northern Ry____ 1001 42 Preferred________________ 100 84 84 X National Power & Light com.-(f) d 19)4 20 97 99 Pine Bluff Co pref......... ............. 100 United Utilities ...................... -.100 25 Preferred____________ (no par) d 99 101 Pittsb & Birm Tr—See Phila Co Preferred________________ 100 90 Nat Public Serv Corp A com..(f) d 20 20)4 Pittsburgh Utilities 7% pref___10 d 19)4 19 X U S & Foreign Sec Corp— Class B common_________ (f) d 11 12 dzllO 114 20 Pref vot tr ctfs_______________10d 19)4 Allot ctf 1st pf full pd— 7 % participating pref_____ 100 97X 99)4 d 86 87 20 Preferred, new 19 X Allot ctf 1st pf 75% pd.. 102 Pref ser A with warrants___ 92)4 95 80 85 Utah Power & Light pref____ 100 101 Portland (Me) Gas Light_____ 50 Nebraska Power, pref______ 100 103 37 104 39 Portland Elec Power com.__ 100 Utica Gas & Electric pref___ 100 104% 106 Nevada-CalifElectric.com__ 100 20 25 97% 99 Utilities Power & Lt Cl A (no par) d 31 Prior preferred___________ 100 31X Preferred________________ 100 91 93 76 14% 77 Class B______ _____ ..(no par) d 14 1st preferred_____________ 100 Newark Consolidated Gas___ 100 87 89 70 10 Utility Shares Corp com------------ d 8 2d preferred____ '_________ 100 New Bedford Gas & Ed Lt Co.25 d 77)4 41 79 3 Porto Rico Rys Ltd_________ 100 Com stock option___________ d 2X New Eng Power Assn, com_____ 55 d 17 58 18 Preferred________________ 100 101X Virginia iFlec A: Pow 7% pret.lOO Preferred______ _____________ 85 107 102 86)4 Potomac Elec Pow pref_____ 100 10-1 New England Power, pref___ 100 101 40 102)4 Power Corp of N Y com____ (t) Virginia Ry & Power com___ 100 New England Telep & Teleg..100 112% 112% Power Securities com___ (no par) 5 10 Preferred________________ 100 New Haven Gas Light_______ 25 d 59)4 14 67 20 70 60)4 Second preferred_____ (no par) Virginian Power Co common_ 100 New Haven Water__________ 50 d 84 85 74 Providence Gas______________ 50 76 Wash Balt & Annapolis_______ 50 d 8 New Jersey Pow & Lt, pref.-lOO 102 24" 108 96 98 Public Service of Colo pref__ 100 Preferred_________________ 50 d 23 New Orl Pub Serv, 7% pref... 100 100 80 68 X 101)4 Public Serv Corp of N J. .(no par) 81 Washington (D C) Gas_______20 d 68 X Newp N & Hamp Ry, G & E.100 108 115 190 8% preferred_____________ 100 117% 121 Wash (D C) Ry & El com.__ 100 175 Preferred________________ 100 108 115 90 91 7% preferred_____________ 100 106 Preferred________________ 100 106)4 N Y Cent Elec Corp 7 % pf__ 100 ----98 129 Camden & Sub ($5 paid)___ 25 ds 12X 12X Washington Water Pow Co—100 126 New York City—Consol Gas_(t)d 93 27 94 97 Consolidated Trac of N J..I00 31 93)4 Western Mo Pow 7 % pref______ Preferred_________________ 50 d 57 58 Rapid Transit St Ry Co__ 100 115 Western Power Corp________ 100 N Y Rys Partic Corp stk tr ctf. (f) d365 95 133“ 96“ 370 So Jersey Gas & Elec Trac. .100 131 Preferred________________ 100 N Y Rys Corp com stk tr ctf. . (f) d365 370 17 Pub Serv El & G'6% pref___ 100 100 25 100X Western States Gas & Elec___ 100 N Y Rys Partic stk tr ctf stpd. (f) d273 280 Public Serv Elec Pow pref___ 100 109% J10X 90 Preferred________________ 100 N Y Rys Corp stk tr ctf stpd. _ (f) d273 280 135 Public Service Co of Nor Ill..(t) d 128 Western Union Telegraph____ 100 143 X 143X N Y Rys Corp pref tr ctf_____ (f) dl4 6% preferred_____________ 100 100 105 16)4 West’h’se El&Mfg—See und Misc New York Railways___________ ___ 7% preferred_____________ 100 114 116 West Penn Co common..(no par) d 125 Bleecker St & Fulton Ferry. 100 30 99 Puget Sound Power & Light.. 100 49 51 103% 7 % preferred_____________ 100 B’way & 7th Ave guar_____ 100 12 84 92 6% preferred_____________ 100: 86 91% West Penn Elec Co Class A.. (1) Central Crosstown 7%____ 100 __ 97% 7% preferred_____________ 100 106X 108X 7% preferred_____________ 100 g 95X Christopher & Tenth Sts___ 100 13 Quebec Power com______________ 100 r120 109 West Penn Power pref_______ 100 108 Eighth Avenue___________ 100 18 22 Preferred_______________ 100 r 110 94 96 6% preferred_____________ 100 4 2d St & Grand St Ferry__ 100, 120 91 Queensboro Gas & Elec8% pf.100 106 108 West Penn Railways pref____ 100 Ninth Avenue guar 6%____ 100, 5 id" Rap Tran St Ry—See P S Corp 42% 44“ West Virginia Utilities pref____ 50 Second Avenue___________ 100 __ Reading Traction____________ 50 d 22 24 49 Winnipeg Electric Co_________ 100r 48 Sixth Avenue_____________ 100^ 37 City Passenger Ry_________ 50 d 97 100 Preferred____________________ 100, r.. 98 Twenty-third St guar______ 100 14 East Reading Electric Ry__ 50,d 62 65 Wisconsin Power & Light pref___ 97 NewYorkStateRys.com____ 100 24 25 Reading Transit & Lt cl B pref.50 d 36 102" 40 Wisconsin Pub Ser Corp pref. 100 100 Preferred_________________ 100 40 48 Republic Ry & Light com___ 100 80 85 Wisconsin Telep 7% pref____ 100 110% New York Steam pref_________ (t) d 102 102)4 Preferred_______________ 100 101 Yadkin River Power 7% pref. 1001 103% 105“ 105 N Y Telephone 6)4% pref... 100 d 112)4 112X Rochester G & E 7% pref___ 100 60 105 108 York (Pa) Railways common_ 50 d 52 X Niagara Falls Power, com___ (f) a 49 Roch & Syracuse RR com___ 100 Preferred_________________ 50 d 35 38 Preferred new_____________ 25 d 28 28% Preferred_______________ lOd Youngstown & Ohio Riv RR.lOOi 2 Niag Lock & Ont Pow com.no par d .__ Preferred ______________ lOOi 15 7% preferred.............. .... 100 109 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, n Nomina rCanadian price, s Sale price, u Ex-warrants. Old stock, w Ex 20% cash dividend, x Ex-dividend, y Ex-rights, t Without par value. 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 “f” and income and defaulted bonds. Bonds. Bid. Ask. INDUSTRIAL & MISCELLANE OUS B ONDS Abltibl Pow & Paper 6s 1940 J&J2 101 103 Acme White Lead & Color Works 1st 6s July 1926 to ’28 op. J&J 37 " Adams Exp coll tr g 4s ’48.M&S 85% Coll tr g 4s 1947_______ J&D f 80 82 Ajax Rubber s f 8s 1936___ J&D 103% 104% Alabama Cons Coal & Iron— 1st cons M 5s 1933_____ M&N 95 Ala Steel & Shipbldg—See Tenn C 1 & I1R. Alaska Gold Mines deb 6s’25M&S f 4% 5 Deb 6s 1926 ser B_______ M&S f 4% 6 s 65 Allied Packers deb 6s 1939.-J&J 1st M & coll tr 8s 1939___ J&J s 79 s 80 Alpine Montan Steel Corp— 91 91% lstsf 7s 1955____________ M&S Aluminum Co deb 7s 1933.-A&O 106% 106% am Agric Chem 1st 5s 1928-A&O 103 1st ref s f 7%s 1941_____ F&A 104% 104% American Beet Sugar Co— 96% 98 Conv s f deb 6s 1935____ F&A 102% Amer Chain deb 6s 1933__ A&O 101 94 Amer Cot Oil g 5s 1931 opt M&N 96% American Ice Securities— American Ice Co—R E 1st & gen s f 6s '42 opt ’13__ F&A 103% 104 125 Conv 7% notes 1939____ J&J 110 102% Am Mach & Fdy s f 6s 1939-A&O 101 99% 100 Am Republic Corp 6s ’37--A&O Amer Rolling Mill 6s 1938-.J&J 103 Amer Smelt & Ref 5s 1947--A&O 100% 100% 1st M 6s 1947 series B__ A&O 107% 107% Amer Sugar Refg 6s 1937__ J&J 103% 104% s 102% Amer Thread 6s 1928______ J&D Amer Type Fdrs deb g 6s '37.M&N 101% 103% Deb gold 6s 1939_______ M&N 101% 103% Deb gold 6s 1940—..........A&O 103% 104 46% Amer Writ Paper s f 7-6s '39. J&J f 46% Temp Interchangeable ctf dep. f 45% 46 Anaconda Copper Mining— 1st con 6s 1953 series A..F&A 103% 103% Conv deb 7s 1938______ F&A 104% 105 6% gold bonds 1929 ser A.J&J 102 % 103 99 % Andes Cop Min deb 7s 1943-J&J 99% Andian National Corp Ltd— 150 1st M s f 6s 1940 with war.M&S 135 98% 100 Without warrant_________ Anglo-Chilean Cons Nitrate— 98 98% Deb 7s (& stk sub rts)’45-M&N 87% 87% Antilla Sugar 7 Us 1939 A___ J&J Armour & Co or Delaware— 93% 93% 1st M 5%s 1943 ser A___ J&J Armour & Co—Real estate 1st 92% 93 gold 4%s 1939 opt_____ J&D Associated Oil 6% notes '35-M&S 102% 103 Associated Simmons Hardw Cos 6%% gold notes 1933___ J&J s 95 s 96 Atl Fruit & SS deb 7s ’34--J&D 26% Certificates of deposit_______ 23% 39% Ctfs dep stpd stk instead of bds Atl Gulf & W Indies SS Lines— 70% 71 Coll tr g 5s Jan 1 1959___ J&J Atlantic Refin deb 5s 1937--J&J 100% 101 Baldwin Locomotive Works— 1st s f 5s 1940 opt aft ‘15-M&N 103% 104 Baragua Sugar (Comp Azucarera 104% Baraqua) 7%s 1937----J&J 15 104 99% 99% Barnsdall Corp deb 6s 1940 J&J15 94% 9o Beaver Board Cos 8s 1933--J&J 95% Beech Creek O & C 5s ’44--J&D Belding-Ileminway’Co— 97% 98 Cons 6% notes 1936_____ J&J Bethlehem Steel Corporation— 92% 93 Cons s f 5%s 1953 ser B--F&A 99 Cons mtge 6s Aug 1948--F&A 99% 99 99% Cons mtge 6s 1948 ser A.F&A 116 Beth St pur m 6s Aug ’98-Q-F 115 99% 99% Beth St 1st 1 & ref 5s '42-M&N 97% 98 Purch money 5s 1936__ J&J Beth Steel eq tr 7s 1935--A&O 104% 104% 98 98% Penn-Mary Steel 5s 1937-J&J 92% 94% Bing & Bing deb 6%s ’50--M&S 84 Booth Fisheries s f 6s 1926-A&O Borden Mills, Inc— 99% 99% First mtge s f 6s 1934___ F&A 87% Boston Term Co 3%s 1947-F&A Botany Consolidated Mills— 91 10-year sec s f 6%s 1934..A&O 91% Brier Hill Steel 5%s 1942--A&O 102% 96% 97 Brown Co 1st 5%s 1946___ A&O Brunswick-Balke-Collender Co— 6% serial notes 1927-29__ J&J 91 Buffalo & Susq Iron 5s 1932 J&D 90% Bush Term 1st 4s 1952____ A&O 95% 98 Cons g 5s Jan 1955______ J&J Bush Terminal Buildings Co— 98 99% 1st s f gold guar 5s 1960--A&O By-Products Coke Corp— 96% 97% 1st M 5%s 1945 ser A___ M&N Calif Petroleum 6%s 1933--A&O 103% 104 97% 98% Oamaguey Sugar 7s '42--A&O 15 Canada Cement 1st 6s ’29 op A&O r 101% 101% Canada SS Lines 7s 1942--M&N 103% 104% Deb 5s Aug 15 1943---F&A 15 r 88% Canadian Car & Fdy Co, Ltd— 1st s f gold 6s 1939_____ J&D r 102% 103 Canadian Cons Rubber, Ltd— Gold 6s 1946 opt 1911---A&O fnlOl, 98 ' 94% Canadian Cottons 5s 1940--J&J2 Canad Gen Elec 6s 1942 A&O 94% 96% Central Foundry 6s 1931 F&A Cent Hud St’boat 5s Apr '33 A&O Central Leather 1st s f 6s ’45-J&J 100% 101% Central Steel 1st 8s 1941--M&N 117% 117% 40 43 Charcoal Iron of Am 8s '31 - M&N Chic Jet coll tr ref g 4s ’40.-A&O 87 Coll trust ref 5s 1940___ A&O 100 Chic Un Sta—See Steam RR bds Chicoutimi Pulp 6s 1943___ J&J 107% Cities Service Ref 7s 1933___ J&J 106 Clearfield Bit Coal 4s 1940--J&J 78 Clev Un Term—See Steam RRs , Clyde SS 1st 5s 1931 opt—-F&A 99 100 Col Fuel & Iron s f 5s 1943—F&A 93% 94 5 "Basis. /This price Includes accrued Interest, Bonds. Bid. Bonds. Bid. Ask. Colorado Industrial— Hollingshead (The R M) Co99 1st g gu 5s ser A & B '34 opt F&A 87% 88% 101 lst 7s 1938______________ F&A 99 Comm’l Credit 6s 1934___ M&N 100 99% 99% Holly Sugar 7s 1937-.............. J&J Coll tr s f 5%s 1935_______J&J 93% Hood Rubber 7s 1936______J&D 105% 105% 93 Houston Oil Co of Texas— Commercial Invest Trust Cori)— Basis 99 99% 5% gold notes 1927______ M&N 5%% 6% % s f notes 1933______ A&O Basis 5.62% Hudson Na v g 6s 1938 opt—F&A f 5% gold notes 1928______ M&N Basis 5% gold notes 1929______ M&N 6% Humble Oil & R 5%s ’32.J&J 15 102% 102% 95% 96% Basis 5% gold notes 1930______M&N 6% Illinois Steel deb 4%s 1940—A&O 91 94 Computing-Tabulating-Rec Co Independent Brewing 6s '55 J&J 95 97 Sinking fund gold 6s 1941-J&J 105% 105% Indiana Coke & Gas 6s '46--A&O Consol Textile 1st 8s 1941—J&D 83 85 Indiana Steel 1st 5s 1952__ M&N 103% Consol Coal 4%s 1934 opt—M&N 92% 93% Ingersoll-Rand 1st g 5s Dec 31 1st & ref s f g 5s 1950---.J&D SO 80% 1935 opt Dec 31 1910___ J&J 100 ioi‘" 96 98 Inland Steel 1st 6s 1927-28—A&O 100 Consumers Co 1st 6s 1946__ J&J 99% 99% Continental Pap & Bag Mills Corp Deb g 5%s 1945.......... -.M&N 1st & ref 6%s 1944 Ser A.F&A 75 77% Inspiration Cons Copper Co— Corn Prod Refs f 5s 1931 —M&N 99 6%% notes 1931_______ M&S 101% 101% 1st g 5s 1934 s f_______ M&N 101% 102% Internat Agricultural Corp— 90% 94% Cramp (Wm) Sons Ship & Eng Bldg 1st & coll tr s f g 5s ’32 op M&N 83 100 87% 97 1st M g 5s 1929 opt____ M&S Stpd ext to 1942_____ M&N Crew Levick Co 1st 6s 1931-F&A 99% 100% Internat Mercantile Marine— 94 94% 97% 96 6% gold notes 1928_____ J&J 1st M coll trust 6s 1941—A&O 85% International Paper— 85 Crown Cork & Seal 6s 1942.F&A 94 93% 1st & ref s f 5s 1947 ser A.-J&J Cuba Cane Sug deb 7s 1930—J&J 94% 94% 98% Conv deb 8s 1930_______ J&J 98% 1st & ref 5s 1947 ser B___ J&J 98% 99 Cuba (The) Company—• Ref mtge 6s 1955 ser A—M&S 80 82 98 97 Conv sec s f 6s 1935_____ J&J Internat Salt g 5s 1951 op—A&O 108 Internat Silver 1st 6s 1948—J&D 107 Cuban-American Sugar— 99% Debenture 6s 1933_______ J&J 1st, M coll 8s Mar 15 '31 M&S15 108% 108% Jefferson & Clearfield Coal & Iron Cuban Dominican Sugar Co— 92 95 98% 98% Indiana Co 1st s f 5s 1950-J&J 1st lien s f 7%s 1944___ M&N 95% Jones & Laughlin St 5s '39-M&N 102% 103 Cudahy Pack s f 5s 1946---J&D 95 93% Jurgens (Anton) Un (Margarine) 93% Sink fund deb g 5%s '37—A&O Wks conv 6s 1947 (jf/at)—J&J f 105% Cuyamel Fruit Co— 94% Kaufmann Dept Stores Corp— 93% 1st mtge 6s 1940________ A&O 96 97 99% 95 6% notes ’35 with warr'ts.F&A Davison Chem deb 6%s ’31.J&J Kayser (Julius) & Co— De Bardeleben Coal Corp— 107% 7.10 6% % 1st M s f 7s 1942____ F&A 15 107 1st M 6%s 1926-1943___ J&J 85 84% Kelly-Springfield Tire Co— Dery (D G) Corp 7s 1942—M&S 8% g notes May 15’31 M&N 15 104% 105% Denver Union Stock Yards— 98% Keystone St & Wire 8s ’41—A&O 104% 97% 1st 5s 1946_____________ J&J 107" 95 Kinney (GR) Co 7%s 1936-J&D 103 94% Dodge Bros deb 6s 1940___ M&N 30 75 77 Knight (B B & R) 7s 1930--M&S ) 28 Dold (Jac) Pack 1st 6s ’42-M&N 88 Krupp (Fried) Ltd— Domin Coal 5s ’40 op ’10--M&N 95% 95% 7% dollar notes Decl5'29 J&D Dominion Glass Co, Ltd— 95 La Belle Iron Wks 1st 5s '40 J&D 1st s f 6s June 2 1933__ J&D2 r 101% 104”"" 1st & ref 6s 1940............... J&D 103 Domin Iron & Steel 5s 1929--J&J r .... 98 98% 48 49 Lackawanna Steel 5s 1950--M&S Consol 5s 1939................... M&S Lake Superior Corp inc 5s ’24-Oct f 41Donnacona Paper 6s '40___ J&D 100 45" 94% 1st & coll tr gold 5s 1944--J&D 94% Donner Steel 7s 1942_______ J&J Lehigh Coal & Navigation— du Pont (E I) de Nem Powder— 94 Funding 4s g July 1 1948—J&J Gold 4%s June 1 1936—-J&D 109% 110 98% Cons s f g 4%s 1954____ J&J Eastern Cuba Sug7%s ’37—M&S 105% 106% 44 40 Leh & W-Barre Coal—See Cent R RR of NJ,p31 Eastern Steel 5s 1931_____ F&A 99% 99% Libby McN & Libby 7s ’31 M&N 104% 105 Elk Horn Coal lst6%s 1931-J&D Liggett & Myers g 7s 1944.-A&O 120% 121% Empire Refg 1st, 6s 1927___ F&A 107% 98% Gold bonds 5s 1951........... F&A 102% Fairmont Coal 5s 1931____ J&J 75 96 Little (A E) Co 7s 1942___ A&O 94 ' Farmers Mfg Co 7s 1943__ M&S 99% 92 96 Loew’s Inc deb 6s 1941----- A&O Federal Sug Ref 6s 1933__ M&N 93 Lorillard (P) Co g 7s 1944—A&O 120% 120% 91 Federated Metals s f 7s '39—J&D Gold bonds 5s 1951_____ F&A 101% 101% Fisk Rubb Co 1st 8s 1941.-M&S 116% 116 103 97 Lukens Steel 1st M g 8s '40 M&N 102 96% 5%% s f notes 1931_____ J&J 99% 100 Magnolia Pet deb 4%s’27F&A15 Flour Mills of America Inc— 99% 99% 99% Deb g 4%s 1928......... -F&A15 Conv g 6%% notes 1946.A&O 99% Deb 4%s 1929- — -’___ F&A15 t 98% Framerlcan Ind & Dev Corp— 89% 90 Deb 4%s 1930_______ F&A15& 4.95 Deb 7%s 1942................... J&J 5% Deb 4%s 1931-1932____ F&a 0 Francisco Sug 7%s 1942.M&N 15 104% 105 5% Deb 1933-1934. ----- 4%^s _ ___ ______ F&a French Nat S S Lines— 88 93 82 Mallory &8 1st s f 5s 1932—J&J Extl 2 f 7s 1949................. J&D 99% 100 Gair (Robert) Co 1st 7s '37--J&J s 104 s 105% Manati Sugar 1st 7%s '42—A&O Manufacturers’ Finance Co— Galena-Signal Oil deb 7s '30-A&O s 102% s 103 97 99 Col tr 6% notes 1935-__ A&O General Amer Tank Car Corp— 75 McMyler interstate 7s '43-J&D Equip 5%s 1926 & 1927--M&N 100 Equip 5%s 1928-1934—-M&N b 5.35 5.20% Mid-Continent Petrol Cori)— 1st s f 6%s 1940_______ M&S 103% 103% General Asphalt Co— 107 Midvale Steel & Ordnance— Conv s f 6s 1939_______ A&O 105 95% 96 Conv s f 5s 1936-............. M&S Gen’l Baking 1st 6s 1936__ J&D General Cigar serial 6s 1935-J&D 101 % 102% Miller (I) & Sons 7s —........... 1934 100 99%, 89 90 Miller & Lux Inc 1st M 6s’45 A&O Gen’l Elec 3%s 1942 opt__ F&A 98 1st M 7s 1930_________ J&D Gen Elec (Germany) 7s’45_ J&J15 98% s 120 98% 7% gold notes 1935____ A&O General Ice Cream 6%s 1930___ Monon Coal—See Chic Ind & L General Motors Acceptance Corp 100% Morris & Co 1st s f 4%s '39-J&J 87% 5% serial notes 1927______M&S 100 98% 99% 7%% gold notes 1930---M&S 105% 105% 5% serial notes 1928______M&S 80 97% 98% Mtge-Bond Co 4s ser 2 '66-A&O 81 5% serial notes 1929______M&S 96% 97 5%% 5s series 3 1932__________ J&J 5% serial notes 1930_____ M&S b 6% 88% 90 5% % Murray Body 1st 6%s 1934-J&D 5% serial notes 1931______ M&S b 6% 98% 6% 5%% Nat Acme 7%s 1931_______ J&D 99% 5% serial notes 1932______M&S b o% 97 97% 5%% Nat Dairy Pr 6% notes’40-M&N 5% serial notes 1933______M&S b 6% 5%% Nat. Distillers Prod. Corp— 5% serial notes 1934______ M&S b 67c 96% 97% 5%% 10-yr 6%% notes '35—J&D15 5% serial notes 1935______ M&S b 67c 103 5%% Nat Enam & Stpg 5s 1929--J&D 101 5% serial notes 1936______M&S b 67c 99% 101 Nat Starch deb 5s 1930 gu._J&J General Petroleum Corp— National Tube 1st 5s '52—M&N 103% 103% 7% s f g notes Feb 15 *31 F&A15 56% 6% g notes Apr 15 '28—A&O15 s 101% s 101% Natomas Co gen 6s 1935__ J&J 98% New Eng Nav—See N Y N H & H H RR 98% 1st 5s Aug 15 1940___________ 65 72 102% New Eng Oil&Ref 1st 8s’31 M&S Gen Refractories 6s 1952__ F&A 101 N J Zinc 1st 4s 1926______ A&O 100 Good Hope St & Ir Wks (Germ’y) 103 * 93 91 New Niquero Sugar 7s 1932-J&J 100 S f g 7s Oct 15 1945—-A&O15 Goodrich (B F) lst6%s 1947-J&J 105% 106% New River Co 1st 5s 1934__ J&J 94" 96* 121% Newport Co 7s 1932______ M&S Goodyear T & Rub 8s '41--M&N 121 110% 110% NYAirBrakelst 6s’28 conv M&N 101% 102 Deb s f 8s May 1931____ F&A 85% 85% 3-Yr 5% g notes 1928—J&D15 s 98% s 98% N Y Dock Co—1st g 5s '51 -F&A 86 N Y & Hob Fy 5s May ’46--J&D 98% 5%s notes Feb 15 1931 F&A15 92 Hoboken Ferry 5s 1946 M&N Gould Coupler 1st 1 6s 1940.F&A 90% 89 N Y & N J Ferry—5s ’46--J&J Granby Con Min Smelt & Pow— 85 99% 100% N Y Shipbldg 1st 5s Nov 1 ’46__ 88 1st conv 6s 1928 Ser A..M&N North Amer Cement Corp— Stamped__________________ 100 98 98% Deb 6%s A with warr ’40-M&S Gray & Davis conv 7s ’32__ F&A 104% 105" 28 32 Norwalk Steel 4%s 1929___ J&J Gulf Oil of Pa deb 5s 1937---J&D 99% 100 65 70 Hamburg-American Line— Nova Scotia S & C 5s 1959.-J&J 67 70 1st 6%s eq 1928-1940___ J&D 6 7% to 6.50% O’Gara Coal 5s '55 op aft’08 M&S 94 Ogilvie Flour Mills 6s '32-—J&D ’f»105 92 Hanna (M A) Co deb 6s "34-F&A 105% Hershey Chocolate—• Series B 105 Series O____________________ 1st & coll tr s f 5%s 1940--J&J 100% 101 95 100% Old Ben Coal 1st 6s 1944-—F&A 95% 5% notes1926________ J&D15 100 99% 100% Oswego Falls Corp 8s 1942—F&A 102% 5% notes1927________J&D15 Otis Steel s f 8s 1941______ F&A 107% 108 " 99% 100 5% notes1928________ J&D15 Hoboken Land & Impt Co— 1st s f 7%s 1947 ser B__ F&A 102% 103 98% 1st m s f 6s 1941 Ser A—M&S 98% 1st M g 5s Nov 1930___ M&N 96 95 Pacific Coast Co g 5s '46__ J&D Hock Val Prod 5s 1961 opt.-J&J 91% 94” 94% Pac Fruit Exp Eq—See So Pacific'Corp Hoe (R) & Co 1st 6%s A <54 A&G Hnlland-Amer Line 6s '47 M&N 82% Pacific Mills 5% notes 1931-F&A 95 96% 83 k Last sale, n Nominal, r Canadian price s Sale price. 44 INDUSTRIAL AND MISCELLANEOUS BONDS AND STOCKS [Vol. 122. NOTICE.—All bond prices are "and interest” except where marked “f” and income and defaulted bonds. Bonds. Bid. Pan Amer Petrol Co (of Calif)— 1st conv s f 6s 1940___ J&D15 Pan-Amer Petrol & Transp Co— 1st lien equip 7s 1930___ F&A 8 f 6s 1934..................... ..M&N Park Lexington— 1st leaseholds f 654s '53..J&J Park & Tilford s f 6s 1936..J&D Penelec Coal 654 s 1944___ F&A Penick & Ford 654s 1943__ J&D Penmans Ltd—1st 5s’26op M&N Penna C & C 1st 5s ’32 op..J&J Penn Mary Steel—See Beth Steel Pennsylvania Steel— Span-Amer Iron 6s 1927..J&J Phila & Read C & I 5s 1973--J&J Pick Albert & Co— 10-yr s f deb 6s 1936_____ J&J Pierce-Arr Mot Car 8s 1943-M&S Pierce Oil 8s Dec 15 1931..J&D15 Pillsbury Flour Mills Co— 1st M 6s 1943.................. A&O Pittsb Brewing 6s Feb 4 ’49.-J&J Pitts Coal deb 5s July '31.-M&S Pittsburgh-Westmoreland Coal 1st s f g 5s 1947 opt_____ M&N Pleasant Val Coal 5s 1928.-J&J Pocahontas Consol Collieries— 1st gold 5s 1957 op______ J&J Port Arthur Canal & Dock— 1st 6s 1953 ser A....... .......... F&A 1st M 6s 1953 series B___ F&A Porto Rican-Amer Tobacco Co— 8% g bds May 15 '31..M&N15 Pressed Steel Car 5s 1933___ J&J Price Bros & Co Ltd— 1st M 6s 1943 Ser A_____ F&A Producers & Refiners Corp— 8s 1931 (with warrants)..J&D Without warrants attached___ Punta Alegre Sug s f 7s ’37.-J&J Pure Oil Co 654% notes ’33-J&D Reid Ice Cream Corp— 6% g 5-yr notes 1930____ J&J Remington Arms 6s 1937__ M&N Republic Iron & St’l 5s '40--A&O Ref & gen 554s '53 ser A..J&J Rima Steel Corp 1st s f 7s '55 F&A RIordon Pulp & Paper Ltd— 1st 6s June 30 1942___ J&D30 Robbins & Myers 7s 1942..-J&D Roch & Pitts O & I 5s '46.-M&N 1st sfjs4Hs 1932 opt___ F&A Rocky Mtn Fuel 5s 1943........... .. Rogers-Brown Iron 5s ’27-’40-J&J Gen & Ref 7s 1942_____ M&N Stamped__________________ ■it Joseph Stk Yds 4 54s'30. .J&J 9t Lawrence Pulp & Lumber— 1st M 6s 1927-1929........... F&A 1st M 6s 1930-1933........... F&A St Regis Paper 654s 26-’29..J&D 654s 1930-1934__________ J&D Deb g 6s 1931__________ A&O St L Nat Stock Yds 4s '30__ J&J St L Rky Mt & P 5s '55 stpd. J&J Saks & Co s f 7s 1942______ M&S Saxon Pub Wks (Germany)— 1st extl s f 7s 1945_______ F&A Securities Co N Y 4s cons._M&S Sen Sen Chic 6s June 14 '29.. J&D Sharon Steel Hoop 8s 1941.-M&S Shawsh Mills 7% notes '31--A&O Sheffield Farms Co— 1st & ref 854s 1942............. A&O Shults Bread 1st 6s 1940. - M&S Siemans & Halske 3-yr 7s '28.J&J 10-year sec s f 7s 1935___ J&J 6 Basis, f This price Includes AsJt. 1005-fc 10554 1075t 93 96 10154 100 89 10054 106 10754 94 9654 __ 104 93 99 10254 98 105 10654 101 103 10254 __ 9754 88 9854 103 ___ 9154 104 10354 9254 105 104 ___ 9554 10254 10554 95 10154 111 111 10754 10354 99 80 9954 94 88 9954 58 90 9754 65 67 ___ 9754 27 27 100 101 9954 95 81 11054 9554 ___ 9554 107 54 101 10754 9854 99 54 97 accrued 9854 106 107 91 11154 10754 10354 100 8154 9954 9154 8854 Bid. Bonds. Sinclair Cons Oil Corp— 1st 1 coll 7s ser A 1937 M&S15 1st lien coll 654s '38 ser B.J&D 1st 1 6s '27 C with warr.-J&D Sinclair Crude Oil Purch Co— 6% notes ser A 1928 ___ F&A Sinclair Pipe Line s f 5s '42.-A&O Skelly Oil 654% notes '27..A&O Sloss-Sheffield Steel & Iron— 6% s f gold notes 1929.__ F&A Purchase receipts__________ Smith (A O) Corp 654s '33.M&N Solvay & Cie 6s 1934____ .A&O South Porto Rico Sug 7s '40. J&D Standard Mill 1st g 5s '30.-M&N 1st & ref 554s 1945_____ M&S Stand Oil NY 654s g deb'33 -M&N Stand Pl Glass 6% notes '30.M&S Stand Steel Wks 1st 5s '28.-J&J Standard Textile Products— 1st sf 654s 1942________ M&S Steel Co of Can 6s 1940____ J&J Steel & Tube Co of Amer— Gen M s f 7s 1951 Ser C... J&J Stutz Motor Car 754s 1937. A&O Sugar Estates of Oriente— lstsf 7s 1942__________ M&S Sun Oil deb s f 554s 1939..-M&S Superior Oil 1st 7s 1929..F&A15 Swift & Co 1st s f g 5s '44___ J&J 5% s f g notes Oct 15 '32..A&O Taylor-Wharton 1 & S— 1st 6s 1942--. _______ .M&S 1st & ref 754s 1946 Ser A..J&J Tenn Coal I & RR 5s 1951--J&J Ala Steel & Shlpbldg 6s '30-J&J Thyssen (Aug) Iron & Steel Wks 5-year s f 7s 1930_______ J&J Tidal Osage Oil s f 7s 1931. .-F&A Transcont Oi, 7% notes '30.A&O Ask. 9654 9054 10754 9654 9054 108 10054 9054 142 100 54 9054 14254 10254 10354 s 103 s 10354 10054 101 s 104 107 10854 101 10154 10054 10554 106 98 100 94 r 10654 108 s 105 9854 9954 9554 10054 98)4 Bid BoudB. 96 10754 10854 s 107 99 9954 96 10054 9854 9254 10254 96 9554 10354 10454 s 94 s 9454 9354 9554 9554 9554 97 100 107 no 10454 10554 101 103 10554 105 54 9654 9754 107 108 10454 10554 84 8254 99 96 United States Steel Corp— Col tr s f 5s Apr '51 op 'll.. Var 110 Col tr s f 5s Apr '51 not op. Var 110 Col s f 2d 58 Apr’63 op'13 M&N 10654 Utah Fuel—See Den & Rio Gr ,p32 Vandalia Coal 1st 6s '30 op ..J&J 98 Van Slyke & Horton 7s 1938____ Vertientes Sugar 1st 7s 1942.J&D 9754 Victor-Amer Fuel 1st 6s '40-F&A 68" Victor Fuel 1st s f g 5s 1953--J&J Virginia-Carolina Chemical— 1st s f 7s 1947 ser A_____ J&D / 10614 Certificates of deposit_____ Stamped as to payt 40% prin— 1st sf 7s 1947-.......................... i 10554 Ctf of dep assented______ f 10554 Ctf of dep stamped______ f 106 h 8 f conv 754s 1937 ser A__ J&J With & without warr attach. ff 9354 Certif of deposit assented. _ Va Iron Coal & Coke 5s '49-M&S 9114 Walworth Co 1st 6s 1945 .A&O 9414 94 Deb 654s’35 serA with war A&O Ward Baking 6s 1937___ J&D15 10314 9214 Warner Sugar Ref 7s 1941.-J&D 78 Warner Sugar Corp 1st 7s '39 J&J Wayne Coal 6s 1937______ M&S 87" Webster C&C 1st g 5s '42 op M&S Webster Mills 654 s 1933..-J&D 9654 West Ky Coal 7s 1944____ M&N 101 8314 W Va Coal & Co 1st 6s 1950. J&J Western Elec deb 5s 1944__ A&O 10254 Westinghouse Elec & Mfg— 7% gold bonds 1931____ M&N 10514 Whitaker-Glessner Co 5s '41-A&O 9454 lstsfg6s 1941 —.............. .A&O 102 White Sew Mach 6s '36____ J&J 95 Wickw Spencer Steel 7s '35_ J&J 60 Certificates of deposit_______ Stamped May 1st Inst pd.__ Wickwire Spencer Steel Co— Pr lien & coll 7s Jan 1935.M&N 5054 Willys-Overland 1st 654 s '33 M&S 10214 Wilson & Co 1st 6s 1941. —-A&O 9954 41 Conv s f g 6s 1928______ J&D 42 Certificates of deposit_____ Conv 8 f g 754s Dec. 1931-F&A 40 Certificates of deposit_____ 41 Winch Repeat Arms 754 s '41 A& O 102 Woodward Iron 5s 1952____ J&J 87 Youngst Sh & Tube 6s 1943--J&J 102 54 EXCHANGE SEATS. No. LnstSale N Y Stock Exch. ..1,1008135 000 N Y Con Stk Exch. 425 500 N Y Produce Exch. 1,800 1.300 1,300 28.000 25,500 N Y Cotton Exch_ 450 NYCof & Sug Ex. 327“ 17 000 15,000 N Y Curb Market. 541 25.500 Baltlmore Stk Exch 87 1,850 8.500 8,500 Boston Stock Exch. 139 Chicago Bd of Tr .1,592 8,300 Chicago Stock Exch 250 5,700 Cincinnati Stk Ex_. 40 10,000 Cleveland Stk Exch 36 3,000 Detroit Stock Exch 39 4,000 Los Ang Stock Exch 67 8,975 9,000 Louisville Stk Exch 29 1,200 Minn Ch of Comm. 567 3.500 Montreal Stock Ex. 72 30.000 New Orl Cotton Ex 500 6.400 6,200 New Orl Stock Ex. 70 5,000 4,000 Phila Stock Exch_ 206 5.500 Pittsb Stock Exch. 115 2,000 1,800 St Louis Exchange- 50 4.500 San Fr Stk&BdExch 63 30,000 Washington Stk Ex 40 "550 550 Trumbull Steel s f 6s 1940.M&N 10-yr deb 7s 1935______ M&N Tublze Artificial Silk 8s '43..J&J Union Bag & Paper 6s '42-.M&N Union Oil Co of California— First lien s f 5s 1931 opt__ J&J 6s May 1 1942 Ser A____ F&A S f g 5s Feb 1 1935_____ A&O 10054 Union Steel Co 1st 5s '52 gu.J&D 63 United Drug 6s 1944____ A&O15 - -- United Industrial 1st 6s 1945. J&D 100 United Lead deb 5s 1943. _.J&J 60 United OU Producers Corp— 1st 8s July 25 1931--. J&J25 s 3054 71 92 United Steamship 6s 1937. ..M&N 90 6754 United Stores Realty 6s '42.A&O 104 10454 U 8 Env 1st 5s 1925-1934. ..J&D 98 U S Finishing con g 5s 1929. J&J 9654 33 U S Rubber 754 % notes ’30.F&A 108 10854 33 1st & ref 5s 1947 Ser A__ J&J 95 9454 101 654% serial notes 1927 ..M&S 10154 10154 103 654% serial notes 1928__ M&S 10154 102 100 654% serial notes 1929., M&S 10-54 103 96 654% serial notes 1930__ M&S 10254 102 54 8154 654% serial notes 1931__ M&S s 102 s 10254 654% serial notes 1932__ M&S 102 11054 102 54 654% serial notes 1933__ M&S 10154 10254 654% serial notes 1934__ M&S 102 9554 10254 654% serial notes 1935__ M&S 102 102 54 654% serial notes 1936__ M&S 102 9654 102 54 654% serial notes 1937—-M&S 102 10754 10254 654% serial notes 1938 ..M&S 102 10154 10254 654% serial notes 1939__ M&S 102 10254 654% serial notes 1940__ M&S 102 10754 10254 101 U 8 Smelt Refg & Mining— 10-year 5 V4 •/< g notes 1935M & N 10154 102 99 54 103 9754 Universal Winding Co 7s '37-J&J 101 interest, Jt Last sale, n Nominal, r Canadian price, s Sale price. Ask. 112 112 10654 100 98 6414 108 107 10814 10654 96 94 9554 95 10414 93 7914 90 97 8354 10254 106 9514 103 9554 61 88 63 52 10254 9914 47 4454 50 44 10214 89 10254 1,400 33,000 19,000 10.000 7,800 5.500 10,000 7,000 6,000 6,000 750 INDUSTRIAL AND MISCELLANEOUS STOCKS Stocks. Per share. 20 30 82 85 25 98 10254 79 83 American Mfg-.100 Preferred____ 100 tmoskeag Mfg (vol untary assn)__ (+) Preferred____ (t) Androscog M (Me).l Appleton Co (Mass)Z Arkwright M (FR)./ Boone (Daniel) Woolen Mills Booth Mfg (N 1 Preferred___ -100 Stocks. Par Bid. AsJfc Per share. lm Linen (Fall R)_Z Preferred____ 100 Berkshire Cot Mfg. Adams, Mass. 100 Ask. Bid. Par TEXTIIE MFC STOCKS. Sorth. Mills. pat Arcadia M________ icushnet Mill (NB) I 5254 75 15 80 52 150 125 8254 160 100 145 x 8454 x 100 Bos Duck (Mass)-.c Bourne Mills (U- ' Bristol Mfg (N„.__ Butler Mill (NB).J Chicopee Mfg (pf).l City Mfg Or'p(NB) Gontui 1 M (Me) 10( Cornell Mills (F R). 105 100 100 5354 k 50 390 54 150 86 — 1 115 105 60 85 k 60 98 160 8254 8754 80 90 .... 39 122 100 80 - --90 94 Corp (N B)„_ 100 Preferred____ 100 Davis Mills (Ffi).J Davol Mills (F R)—Z Draper Corp___ 100 Dwight Mfg (Mass) _ Edwards Mfg (Me)./ Esmond M (RI),pf/ EverettM (Mass)../ Fairh Mills com. 100 Preferred____ 100 Farr Alpaca (Mass) I Flint Mills (F R)„/ Franklin Co (Me).-/ Gosnold M (N B)—Z Preferred_____ Granite Mills (FR).Z Gt Falls Mfg (N H) / Grinnell Mfg (NB).Z Hamilt Mfg (Mass) I Hamilt W (Mass)../ Harmony Mills pf..Z Hathaway Mfg(NB)/ HUI Mfg Oo (Me)—I Holmes Mfg (NB)../ Preferred____ 100 Home Bleach &DW t Preferred____ 100 Ipswich MUls__ 100 Preferred____ 100 Kilburn M (N B)../ King Philip M (FR)/ Lancas’t M (Mass)./ Preferred____ 100 Laurel Lake com__ Preferred________ Lawrence Mfg (M).Z Lincoln Mfg (FR)../ Lockwood Co (Me)./ 120 85 147 14 65 99 169 206" 13 87 90 23 85' 68' 115" 50 7 48" 40 80 125 88 85 40 151 17 70 30" 10 25 172 87 65' 67 70 17 "5* 53 85 94 26 105 90 63 101 125' 33 55 14 65 54 45 90 Stocks. Luther Mfg (F R)„ Z Lyman Mills (M)__Z Manomet M (N B)./ Mass Cott Mills_100 Mechanics’ M (FR) / Merch Mfg (FR).../ Merrimack Mfg (Mass)______ 100 Preferred____ 100 Middlesex Co (M)._ Mt V-Wood MUls (Balt) vtr.__ 100 Preferred v t r.100 Narragansett Mills (F R)------------100 Nashawena M__ 100 Nashua M (N H) 100 Preferred____ 100 Nat Fabric & Fin 100 Preferred____ l00 Naumkeag (Mass) Steam Cot Co .100 Neild MUls (N B)__Z New Bedf’d Cot M. I Preferred____ 100 New Eng Sou M___ Preferred____ 100 Newmarket Mfg Co (NH)____ 100 Nonquitt Sp (NB)./ Osborn Mills (FR)./ Pac Mills (Mass) 100 Parker Mills (FR)_.Z Preferred_______ Pemaquid M____ 20 Pepperell Mfg (Me)/ Pierce Mfg (N B)._Z Pilgrim M new... Pocasset Mfg (FR)./ Bid. Ask. 98 70 1154 92 97 50 97 148 185 100 92 40 40" 119 25' Ponemah M (Prov)./ Preferred____ 100 Potomska M (NB)./ Quissett Mills (NB) / Preferred____ 100 Rich Borden Mfg Co (F R)____ 100 102 Sagamore Mfg (F R)------------ 100 74 Salmon Falls Mfg Co (N H)......... 100 1354 Seaconnet M (FR)./ Sharp Mfg (N B)—Z 75 Preferred____ 100 Shawmut Cot Mills 65 (F R) com___ 100 95 Preferred____ 100 62 Shove Mill (FR).100 98 Shenandoah Cotton 65 Co (Utica)____ 100 Soule Mill (N B).100 Stafford M (F R)__Z 153 Stevens Mfg (F R)./ 195 Taber MiUs (N B)__Z Thorndike (Mass).. Tremont & Suffolk 4 M (Mass)___ 100 20 Troy Cot’n & Wool’n Mfg (F R)___ 500 134 Union Cot Mf (FR) / 45 Utica Knit Co.„100 40 Preferred____ 100 42 Utica Steam & Moh 10 Val Cot_______ / 20 Wampanoag Mills 26 (F R)______ .100 121 Wamsutta M (N B) / 400 Weetamoe M (FR)./ 155 Whitman M (NB)./ Winnsboro M pf.100 Vork Mfg (Me).100 b Assessment paid, c Par value $700. d Price per share, not per cent, h Par value $1,000. Jt Last sale. / Par value $100. Nominal r Canadian price, s Sale price. /New stock. xEx-div. v Ex-rights, z Ex-stock div. t Without par value. Bid. Stocks. Per share. 120 116' 112 18 20 45 53 30 37 45 Per share 62 105 90 110 62 170 20 40 k 18 6 22 44 140 30 17754 117 90 35 18254 42 122 95 37 J15 50 75 100 60 85 85 92 10054 37 40 80 25 7754 40* ' m 1st instaU. paid INDUSTRIAL AND MISCELLANEOUS STOCKS May, 1926.] Stocks. Par Southern Mills. Abbeville C M (SC) 1 Amer Spinning Co.. Anderson C M (SC) .1 Arcade Cotton Mills Arcadia Mills...100 Preferred_______ Arkwright Mills___ Augusta Fac (Ga)..l Avondale Mills____ Beaumont Mfg____ Belton Mills (SC)..1 Preferred_______ Bibb Mfg.......... .100 Preferred 8% .100 Preferred 6%----Brandon M, pref__ Bid Ask. Per share. 100 104 240 230 100 104 80 100 245 105' 102 100 30" 20 950 900 320 59 ei' 100 97 185 195 106 104 98 101 99 101 120 16)4 17 15 145 135 299 305 95 93)4 132 137 250 137' 132 108 110 62 60 140 130 85 90 100 90* 88 94 92 140 36'" 92 105 115 84 81 187 191 133 90" 87 135 400 250 48 50 128 123 160 149 155 145 102 200 174 180 105 102 115 125 150 130 " 125 140 40" 35 75 80 300 290 105 102 132 135 101 78" 73 115 119 150 84" 99* 101 98 100 212 210 103 84" 82 18 15 107 115 126 120 138 135 112 110 80 75 175 185 10 10)4 90 87 45 60 152 160 33 34)4 50 92" 94)4 49 51 99 101 110 162*' 150 50 87” 90 110 100 40 20 145 149 80 70 200 140 135 123 119 89 91 Stocks Par Bid. Ask Stocks. Par. Bid. Ask. 45 Stocks. Par Bid. Ask Per share. Per short 60c 12 1 Hancock Cons__ 20 INDUSTRIAL AND Hollinger Mines__ 5 18)4 MISCELLANEOUS £* Per Louisville. Homestake Min. 100 54)4 Abbotts Alderney Liberty_________ 50 200 Howe Sound Co Dairies pref__ 100 101 101)4 Newvtc...__ -t 32 Abitibl Pow & Pap. t d 73)4 31) 4 74)4 Per share. Inspiration Cons Minneapolis. Preferred____ 1O0 r 110 Nor’west F & M.100 170 Copper_______ 20 25 Abraham & Straus, t d 43 24) 4 45)4 Island Creek Coal.l 159)4 160 7 % preferred -.100 107) 4 108 t Newark. Preferred_____ 1 100 102 Adams Express..lOO 111 112)4 American_____ ...5 21 23 Isle Royale Cop. .25 Advance-Rumely 100 11 10) 4 12 10)4 Firemen’s_______ 50 230 235 Kennecott Copper, t 54 ?4 54)4 Preferred 6%. 100 51 53 Kerr Lake______ 5 1)4 1) 4 Aeolian-Weber New Haven. Lake Copper____25 Piano & Plan. _ 100 20 30 1& Security Ins__ .25 80 83 12c. La Rose Mines,Ltd.5 Preferred_____ 100 90 100 La Salle Copper..25 Du Air Reduction_____ t d 113)4 114 38^ Per share. Magma Copper Co. t New Orleans. Ajax Rubber_______ f d 38)4 9)4 10 Calhoun M ills______ Lafayette_______ 50 240 Mason Val Mines..5 2 Alabama Co____ lOO 1 )4 Cannon Mfg____ 10 Mass Cons______ 25 35c. 40c. Albany Oom____ 100 95" 105” New York. Per share. Mayflower Old Col 25 Chadwick-Hoskins25 95c. 1 Albany (N Y) Safe Amer Alliance__ 100 300 Chesnee Mills.__ 315 McIntyrePorcupine5 26 Dep & Storage 100 160 25) 4 170 Bankers & Ship. 100 300 Ohiquola Mfg___ 325 Miami Copper___ 5 Albany Perforated 12 11) 4 Preferred.__ L. City of New York 100 300 315 Michigan_______ 25 Wrap Paper___ + d 27)4 28 Clifton Mfg (8 C)100 Commonwealth.. 100 600 Mohawk________ 25 Preferred____ 1O0 32) 4 32)4 98 100 Clinton Cotton Mills Continental_____ 25 128 130)4 Motherlode Coal’n. t 6)4 6)4 Allied Chem & Dye Columbus Mfg (Ga) Fidelity-Phenix. _ .25 162 168 Nevada Cons Cop.5 Corp___________ f d 117)4 118)4 12) 4 12)4 Converse (D E)_100 Globe & Rutgers. 100 1350 1450 New Cornelia Cop.5 20 Preferred____ 100 120)4 121 20)4 Cowpens Mills____ Great American 100 287 292 New Dominion A..1 10c. 18c. Allied Pack new__ f 1)4 Dallas Mfg (Ala) .100 Hanover_________50 d 180 190 New River Co__ 100 Prior pref ____ 100 25 10 20 Home__________ 100 334 Darl’g’n Mfg (S C).Z 336 Preferred ___100 52 Senior pref___ lOo 4 9 Lincoln__________20 d 72 Drayton Mills__ 100 78 Nipissing Mines__ 5 5)4 Allis-Chalmers Mfg Dunean Mills 100 Met Casualty Ins__ 87 92 North Butte____ 15 2%> Common____ 100 2) 4 82)4 83)4 Preferred_____ National Liberty.50 d 305 North Lake.. ____ 25 15c. 35c. Preferred____ 100 108) 4 109 Niagara_________ 50 d 225 235" Ohio Copper____ 10 Eagle & Phenix. 100 55c. 65c. Aluminum Co com t 64 65 Northern_______ 100 275 Easley Cot M, pref. 285 Old Dominion Co.25 16 17 6 % preferred . _ 100 99)4 100)4 Enterprise Mfg(Ga) .1 North River____ 25 d 100 115 Ontario Silver Min. t Warrants_____ 93)4 . 94 Gaffney Mfg (SC).I Pacific Fire_____ 25 d 100 no Park-Utah— Aluminum Mfrs__ 1 32)4 33 Gainesville Cot Mills Rossia Ins_______25 d 87 Consol Mines__ 1 90 6)s 6)4 Preferred____ 100 d 110)4 111)4 Stuyvesant____ 100 205 Glenwood Mills___ 215 Pit & Mt Shasta Cop 1)4 Amal Sugar com__ i d 2 Gluck___________ ,. United States___ 20 d 135 145 Pond Creek— 1st preferred.. 100 90 92 Westchester_____ 10 d 44)4 Granteville Mfg. 100 46 Pocahontas____ 11 12 Amerada Corp___ f 25) 4 26 Greenw’d C M (SC).I Quincy_________ 25 21 20)4 Am Agri Chem.. 100 17 16)4 Philadelphia. Grendel Mills_____ Rand Mines, Ltd— 34 3254 Preferred____ 100 58)4 58)4 Preferred. ____ 50 Alliance of Phila. .10 47 50 Ray Cons Copper. 10 12)4 12)4 xlm Bank Note__ 10 37)4 38)4 Hamrick Mills____ Fire Association.. 10 57 60 St Joseph Lead—10 38)4 38)4 Preferred_____ 50 2^ Hartsville Cot Mills. Ins Co of N A___ 10 52 St Mary’s Mineral54 Am Beet Sugar.. 100 27” Ins Co State of Pa 100 160 Inman Mills______ Land_________ 25 30 31 Preferred____ 100 79)4 Lumbermen’s----- 25 100 Preferred________ 3c. American Book.. 100 137^ 140 San Toy________ 1 People’s Nat Fire.. Jackson Mills_____ "5)4 Seneca Cop Min—t 35 5)4 Am Bosch Magn'o.t 20)4 21)4 Phila Life.............. 10 Judson Mills.__ 100 12 50c. 15 Shannon________ 10 6.0c. Am Brake Sh & F. . 1 d 118)4 120)4 Reliance_________50 Preferred____ 100 20 26 Shattuck Ariz CoplO 9 8)4 Preferred____ 100 d 112 115 King(J P) Mfg (Ga) I United Firemen’s. 10 South Lake_____ 25 10c. Am Can new___ 25 xd 45)4 46 20" Laurens C M (S O).Z Victory_________ 50 Superior & Boston 10 26 52c. 55c. Preferred____ 100 125 125)4 Limestone C & M— Tennessee Copper Am Car & Fdy..l00 d 93)4 94)4 Providence. Marion Mills___ 100 & Chemical____ t 12 12)4 Preferred____ 100 127)4 128)4 Prov Wash’ton__ 50 Marlboro C M (SC).l 345 Tonopah-Belmont .1 3 2)4 Am Caramel___ 100 o 6 Mass Mills (Ga)___ Tonopah (Nev)__ 1 5)4 5)4 Preferred____ 100 55 63 Richmond. Mills Mfg Co (SC).l Tonopah Ext Min.l 45c. Am Chain Class A zo 25 24)4 Virginia F & M..25 Mollohon Mfg____ 90 93 Trinity Copper----- 5 Am Chicle______ 40)4 Monarch CM (SC) I Deposited stock.. 90 93 United Verde Ext50c 28)4 Tempv t c____ 28)4 39 41 Preferred_______ Utah-Apex_______ 5 8)4 8)4 Prior preferred 88 97 St. Louis. Musgrove Mills----Utah Copper Co.. 10 95 Temp vtc.___ t 85 89 Cent States Life__ 5 Newberry C M (SC)1 15 17 Utah Metal & Tun.l 2 "2)4 Am Cigar______ 100 114 117 Continental Life..10 Ninety-Six Mills___ 30 32 Victoria___________ 50c. 60c. Preferred____ 100 97 100 Missouri State L.lO Norris Cot Mills___ 74 76 17c. Winona_________ 25 25c. Am Credit Indem.25 51 54 Internat Life____ 50 OrrCotM (S 0-100 60 65 40c. Wyandot________ 25 50c. Amer Cyanamid A.. 40 44 Standard Life____ 5 Preferred________ 2 4 35c Yukon Gold_____ 5 45c. Common B_____ Pacolet Mfg (SC). J Preferred____ 100 90 95 St. Paul, Minn. Preferred____ 100 REAL ESTATE TR Am Drug Synd__ 10 5)4 5)4 St. Paul F & M__ 25 100 Panola C M A pf.85 105 & LAND STOCKS Per share. Am Express____ 100 117 118 Pelham Mills-------Am Fork & Hoe. 100 97) 4 San Francisco. Phillips Buttorff M . I Albany Tr (Bost) 100 a 58 103 1st preferred.100 Firemen's Fund. 100 Pickens Cot Mills__ 92)4 Alliance Realty. .100 48)4 51 American Glue.-lOO 40 43 Home Fire & Marine Piedmont Mfg (S C)1 35)4 35)4 Bedford Tr (Bos) 100 a 58 Preferred____ 100 111 115 Poe, F W. Mfg (SC)1 BerkeleyHotelTr(B)/ a 87 Am Hardware__ 100 79 81 Springfield,Mass. Poinsett Mills__ 100 Bd ofTr Bid Tr (C).Z a 50 Am-Hawaiian SS.lO 9)4 Springfield Fire & M 450 Riverside & Dan Riv Bos Gr’d_R’T Tr (C)l a 111 460 Am Hide & LeathlOO Riverside M__ 12.50 Bos R E T (Bos) 1000 a 950 970 42 Preferred____ 100 Washington. Saxon Mills____ 100 Bos Stor W’h’se(B). .la 127 Amer Home Prod--J 26) 4 26)4 American_______ 100 200 Sibley Mfg (Ga).100 Boston Wharf Co..I o 114 Amer Hosiery.__ 25 25 Corcoran________ 50 130 Spartan Mills (SC).Z Bromf Bldg Tr (B) .1 85 Amer Ice Co.__ 100 123)4 124)4 Fireman’s______ 20 Toxoway________ 25 21)4 Business R E Tr(B) .1 30 35 84 Preferred____ 100 85 National Union__ 5 Union-Buffalo Mills. 20)4 Cent Bldg Tr (B)..l a Am Intern Corp. 100 36 36)4 1st pref______ 100 Chic R E Trus’s 1000 O1060 Amer-La France Wheeling, W. Va 2d pref_______ 100 City RE 0(0.1000 a 500 Fire Eng Inc__ 10 13)4 Wheeling Fire 1.100 Victor-Mo nag C®..1 Congress St Associ k 150 Preferred____ 100 98)4 102 Preferred____ 100 ates (Boston).__ I 50 Amer Laundry MARINE INSUR Ware Shoals Mfg.100 O’gress St Big Tr(B)I Machinery_____ t 116 ANCE SCRIP. Watt Mills_____ Copley Sq Th (Bos) .1 ii" Preferred_____ 100 124 Atlantic Mutual— Per cent. 1st preferred... Devonish Big Tr(B)l 50 29 30" Amer Linseed___100 1924 ..................... . i 101 2d preferred... 102)4 Preferred_______ 72 78 Preferred_____ 100 80 Webb Mfg (Nash)../ 1925 ....................... i id 102)4 East Bos Land (B)_ 3 Amer Locomotive, t 96)4 125 115 Preferred____ 100 117)4 MINING STOCKS. Per share. Whitney Mfg (SC).l 62 67 Am Meh & Fdy.100 ly.iini 180 200 Adventure Cons..25 6c. Williamston Mills.. 20c. 81 New stock dt 67 69 Ahumada Lead Co.l Woodruff Mills.. 100 8)4 8)4 Fffty Assoclates (B). o3700 Amer Metal Co d 50)4 50)4 Alaska Juneau Gold Woodside Cot M.100 Hotel Tr (Boston)..! a 140 -ZLido 113)4 116) 4 Preferred Mining________ 10 Preferred. 100 154 1)4 Kimball Bldg Tr(B)l 80 Amer Multigraph..} d 20 20)4 Algomah________ 25 5c. Canadian Mills. 20c. Realty Associates of Amer Piano_ _ ..100 135 Amer Zinc Lead & Can'n Connecticut Brooklyn com__ t 199 202 Preferred . . .. 100 98" 93)4 Smelting_____ 25 42 45 8 Cum pref. . . 100 7)4 1st preferred.. 100 87 92 Amer Pneu Serv__25 d 3)4 Preferred_____ 25 31 Can Convert, Ltd. -1 r 90)4 30)4 2d preferred ..lOO 85 90 1st preferred__ 50 60 d 47)4 50 Anaconda Corp.. 50 Can Cottons,Ltd.100 r 115 48)4 48)4 Texas Pacific Land Preferred____ 50 d 23)4 24)4 Arizona Com’cial..5 96 10 Preferred____ 100 r 95 Trust ctfs.__ 100 770 10)4 785 Amer Radiator__ 25 d 111 111)4 Arcadian Cons__ 25 Domin Text, Ltd.(t) r ____ 75 91 90 Preferred____ 100 xd 126)4 Bingham Mines.. 10 Preferred____ 100 rn — 116 32 TITLE GUARANT EE & 31)4 Am Ry Express. 100 78" 77)4 Bonanza Dev Co.lO Montreal Cottons..1 rnl04 1 SAFE DEPOSIT ST OCK Amer Rayon Prod (t) d 30 31 Butte Cop & Z Co.5 Preferred____ 100 r ____ 114 5 America » Surety. 50 d 174 5)4 179 Amer Repub Corp.! 67 64)4 Butte & Sup____ 10 Penmans, Ltd -.100 r 177 12)4 12)4 Bond & M Guar.lOO 315 325 Am Rolling Mill..25 d 49)4 50 Callahan Zinz-Lead Preferred 100 n 103 Chicago T & Tr.100 550 7% pref (new). 100 109) 4 110 Co....................... 10 INSURANCE 2 CitySD(Alb.NY) 100 120 1)4 130 Km Safety RazorlOO d 47 47)4 Calumet & Ariz--10 STOCKS. 61 61)4 Columbia Title American Screw. lOO 94 98 Calumet & Hecla.25 Baltimore— 14)4 (Washington)__ 5 d 9 15 Km Seed Mach__ 50 d 29 35 Carnegie Metals — Central Fire new .10 27 18 Fidelity & D (Md) 50 d 118 26)4 17)4 Preferred____ 100 70 80 Carson Hill G M..1 35c 45c. Kentucky Title Co Boston— Kmer Shipbldg-.lOO 70 69)4 Cerro de Pasco.__ t Boston ____ -.100 Preferred____ 100 65)4 90 65)4 Preferred____ 100 103 105 Chili Copper ____ 25 Colum Nat Life.100 J 75 34 Lawyers’ Title & 33)4 Kmer Ship & Com . + d 8)4 9)4 Chino Copper___ 5 Conveyancers’ 21 22 Guar________ 280 290 KuiSmelt A Refg.100 120 120)4 - -- Consol Copper___ 1 Title________ 100 3 Lawyers’ M Co..100 265 270 Preferred____ 100 116)4 117) 4 Con Lead A Zinc. 20 260 Maas Bonding____ 255 d 24)4 25 Louisville Title. .100 230 Km Snuff com__ 100 139 141 Con Min & Smelt..25 r 198 Brooklyn—See N Y 199 Maryland Cas Co.25 d ... 97" Preferred____ 100 99 107 Cop Range Con. 100 x 15)4 Dayton— 145 15)4 Mortgage Bond. 100 140 un Steel F’dries.(t) d 41 41)4 Crown Reserve.__ 1 in 15c 90 Liberty_________ 50 100 Nat Surety Co_ 100 210 215 Preferred____ 100 113 114 Davis-Daly Copper 1 Reliable _________ 20 67 64 New Amsterdam American Stores__ f d 64 6c Detroit. Casualty (Balt) 10 d 50 50)4 Km Sugar Refg._lOO 69 70 ___ De Beers Cons M. Detroit F & M__ 50 27 X 29)4 NY Title & Mtg. 100 460 470 Preferred____ 100 101)4 102)4 Dome Mines______ t Michigan F & M.50 13 13)4 RET Ins(Wash) 100 175 Km Sumat Tob.. 100 J 8)4 9 East Butte______ 10 Hartford. 345" 3)4 3)4 Tit Ins & Gu(SanFr) 340 Ctf dep opt A. 100 d 14)4 16)4 560 Federal M & Sm.100 Aetna (Fire)----- 100 550 65 75 Title & Inv Md..50 d 52 60 Preferred____ 100 130 275 Preferred_____ 100 Automobile Ins.. 100 250 75 76 Title Gu Tr(StL) 100 52 New company vtc d 14)4 16 First National 575 Hartford Fire—100 500 U S Casualty___ 100 325" 375 Km Thread pref__ 6 d 3' 3)4 Cop ($3.75 pd)..5 16c Hartf Steam Boil 17c. USFidelAGu(Md) 50 d 195 197 Km Tob stmpd__ 50 d 115 116 Franklin ________ 25 700 50c 75c Insp & Ins___ 100 625 Oom B stmpd..50 d 114)4 115 Goldfield Consol 725 National Fire__ 100 700 Preferred____ 100 d 110 112 Mines_________ 5c Phoenix (Fire). . 100 520 10c. Km Type Found. 100 117)4 121 Granby Cons M S & Life Insurance. Preferred____ 100 110 103)4 Power_______ 100 Aetna Cas'ty & Sur 540 19)4 19)4 Km1.Vitrified Prod .50 d 30)4 Granite-Bl-Metallic 495 Aetna Life_____ 100 485 Preferred____ 100 95 1350 (St Louis)___ 10 25c. 30c Conn Gen_____ 100 1300 Greene-Cananea. 100 1020 Travelers’_____ 100 1000 10)4 10)4 Rights . 240 230 a Purchaser also pays accrued dividend, b Assessment paid, d Price pei Bhare, not per cent, h Par value $1,000. * Last sale. 1 Par value $100 n Nominal, r Oanac fan price, s Sale price. 1 New stock, u Ex-cash and stock dividend, e Ex-stock dividend, z Ex-dividend, v Ex-rights. " t Without par value. Indianapolis. Sterling Fire..__ 10 Per share. 46 Stocks. INDUSTRIAL AND MISCELLANEOUS STOCKS Par. Bid. Ask. Per share. 1 Stocks. Par. Bid. Ask. Per share. Butterick Co___ 100 23% 24% American Wholesale Byers (AM) com.. t d 29 31 Corp pref. . --10C 99 106 Preferred . .. 100 98 Amer Wind Glass California Cyanide s 109 Preferred.. -.106 50 60 Units_________ Amer Wind Glass 69% Calif Pack Corp__ i 128% 129% Machine_____ 10C 33% 88% Calif Petrol_____ 25 d 33% Preferred__ ..IOC 39% 24 24% Cambria Iron___ 50 d 39 Am W'ool (Mass).10C 70 70% Cambria Steel__ 50 d ------Preferred- __ 10C 102% Canada Cement. 100 r 102 Am Writ’g Paper.10C 3 Preferred___ 10C r 112% Preferred__ -10C 3% __ Certifs of depos. Can Fdys & Forg.100 r ___ 3 1% 50 Ang-Am Oil vt stk £1 d 17% Preferred___ 10C rn___ 17% ___ Non voting stk- £1 d 17 Yu 17% Can 88 Lines v t. 10C r 19 69 Archer-Daniels Preferred. . .100 r 68% 41 Mid com. ____ 1 d 38% 39 CanadlanCar&F.lOC r ___ 81 104% Preferred___ 10C 100 Preferred____ 10C r 79 14 Canad'n Canners lOf r 12 Armour & Co of Del 64 92% Preferred___ 10C Preferred-.... 100 r 62 91% ___ Can Con Rubb..100 r ___ Armour & Co (Ill)— Com Class A ..25 d 15% 15% Preferred____ 10C r 87% ___ Com Class B__ 25 d 7H 7% Canadian Explos.lOC 150 104 108 81 Preferred__ .100 Preferred .. 100I 80 4 17% Can Indus Alch___ r 17% Armour Leath coml 5 d 3% ___ 85 ,Can Locomotive-100 r ___ Preferred____ IOC i ----85 | Preferred____ 100 r ___ Arnold. Constable ___ 20% jCan Woollens__ 100 r ___ A Co v t c_____ t'd 18% 52 1 Preferred____ 100 r 48 50 Artloom Corp____ tirf 49% ___ ___ 110 jCantonCo.-__ 10C 7% pref. temp IGOl 107 ___ ___ 20 I Trustees certif. 10C Art Metal Con__ 10|d 19Y 3% Arundel Corp '+>|d 32% iCaracas Sugar___ 50 d 1% 12% Asbestos Corp__ 100!?' 102 103 Carib Syndicate. .26 d 12% Case (J I) Plow Wks Preferred.100^ 123 % 124 ___ Asbestos Corp (new)! dr 23% Com____ (no par) d ___ 23% ___ ___ 69 | 1st pref _ .. 10C Preferred . - 100,r 68% ___ ___ 1 2d pref__ ..100 Assoc Dry G’ds 42% Case (J I) Threshing Com new temp. _ id 42 82% 83 98 1 Mach com___ 10C 1st pref___ _ lOOl^d 95% 103% 104% 107 1 Preferred____ 100 2d pref. . I Of zdl04 Case Lockwood f’ 53 Associated Oil... _25 d 52% ___ | Brainard Co.. 100 • 285 Associated Simmons 22 25 69 73 Celluloid Co 100 Hardware pf_-10C 70 65 Atl Fruit & Sugar.. 1 d 1 1% 1 Preferred____ 1 Of Central Aguirre Atl Gulf & W Ind 82 39%' 40 i Sugar Cos___ .20 d 80 8S Lines ... _10C ___ 60% 39% 41% Central C & C .. 100 Preferred__ .100 ___ 63% A tian Lobos Oil__ 1 d 1% 1% | Preferred____ 100 8% 8% 4 Central Leather. 100 Preferred__ -5( d 3% 47 46 Atlantic Refin'g. 10C 118% 118% | Preferred____ 100 63 115 116% Central Steel____ 1 d 62% Preferred__ _10C 107% 108 60 | Preferred___ 10C Atlas Plywood . (!) d 55% Cent Teresa Sugar 10 d ___ Atlas Portland ---90c. 50 1 Preferred___ .10 d ___ Cement new.. .1 d 47 Century Ribbon 56 Atlas Powder___ 1 d 55% d 13 14% 95 Mills com_____ 1 98 Preferred____ 10C 86 85 10 11 Preferred__ .100 Atlas Tack ___ . 1 Austin. Nich & Co. ! d 17 17% Cert’n-Teed Prod. 1 d 41% I 41% 85 90 1st pref_____ 100 101% 104 Preferred____ 10C 88% 96 2d p’ref______ 100 Auto Knitter 1 .Champion Coated Hosiery_______ 1 d % 190 • 8 1 Paper___ ..100 177 Autosales Corp__ 6C 4% 22 1 Preferred___ 100 110% Preferred..__ 5C d 16 119 ,Chand-Clev Motor.! d 15% Babcock & Wil „10C 117 33% f d 33 Baldw Loc Wks.lOC 104% 105 I Preferred____ 245 108 108% Chapman Valve.100 225 Preferred__ .100 ___ 103 15 15% | Preferred______ Baltimore Tube. 100 68 40 Chesebr'gh Mfg .25 d 67 Preferred____ 10C Chic June Rys & Barnet Leather___ ) d 43% 50 __ | Un St Yd stpd .100 139 ___ Preferred__ .100 d 101 98% 99% | Preferred____ 100 Barnhart Bros & 111 Chic Pneu Tool. .100 110 Spindler lstpf 10C 104 106 36 Barnsdall Corp Chic Ry Equip__ 25 d 34 25% 27% | Preferred . .__ 25 d 25 Class A voting 25 d 27 26 ,Chic Wilm & Frank Class B non-vot .25 d 24 % 25 22 Bayuk Cigars __ t;d 41 42 | Coal com___ 100 ___ 90 7% 1st pf(new) 100, d 98 98% 1 Preferred____ 100 45% Chic Yellow Cab._! d 45 2d conv 8% pf.100// 91% 49% Beatrice Cream 50 d 65 67 Childs Co com___ ) d 49% 116 114 108 I Preferred-__ 100 Preferred- .. 100 106 44% Beaver Board Co— ChristieBrown&Co. ! d 43 33% Com v t c Cl A.. 1 d 4 4% Chrysler Corp__ (!) d 33 100 Com v t c Cl B_ fd 3% 4 1 Preferred. __ (!) d 99 14 10 36% Cin Tob Wareh.. 100 1st pref v t c_ _ 1001 36 130 Cin Un Stk Yds 100 125 Beech-Nut Pack 20 d 57% 58 125 7% pref Cl B_ 100 d 114 City Investing.. 100 115 115 106 Belding Bros & Co. 1 d 33 33% Preferred___ 100 ___ ___ 40% Cieve Automobile.! 40% Beth-hem Steel.. 100 ___ ___ 100% 1 Preferred___ 100 7% cum pref. . 100 100 ___ 90 Clev & Buff Tr.. 100 8% conv pref. 100 115% 116 78 8 Cleve-Cliffs Iron, ! d 74 Billings & Spen -. 25 d ___ ___ 170 Preferred__ . 25 d __ 10 Cleveland Stone. 100 35 32 Clinchfield Coal. 100 Bird & Son nrpf.lOOi 109% ___ 100 20 Preferred____ 100 Bliss (E W) Co... t d 19 63 Cluett, Peabody.. ! d 61 60 Preferred____ 50 d 55 115 105 10% Preferred____ 100 2d preferred__ 10 d 9% 147 k 33% Coca-Cola Co____ i d 146% Bloch Bros Tob- 25 d 100 k 96 Preferred____ 100 Preferred___ 100 160 150 'Collins Co___ .100 Bluenthal (S)— 36 50 ] |Colo Fuel & Iron. 100 35% 32% Inc 7% pref.-.100 112 Booth Fisheries .id 5 Preferred____ 100 105 5% Colt's Patent Fire 1st preferred 100 35 44 29 Botany Cons Mills— Arms Mfg____ 25 d 27% 65 CoJuin Carbonvtc d 64 Class A______ 50 d 31% 32 94% Commercial Invest Borden Co mew) .50 d 93 57 Trust_________ id 53 Borne. Scrymser lOl) 230 250 100 94 7% 1st pref. .100 Bost Belting pf. 100 Boston Woven Bose 6% % 1st pref with 92 warrants 89 85 & Rubber com.100 100 Preferred____ 100 Commercial Credit 30 Briggs Mfg_____ (!) d 27% Common . ____ ! d 29% 27% 24 Brill Corp new A.. ! d 38 39% 7% preferred__ 25 d 23% 28 Class B_______ + d 17% 19 8% pref cl B__ 25 d 24 Bristol Brass... __25 d ___ 6% first preferred 9 92 93% Brit-Amer Tob reg£l d 27% 28 with pur war 100 130 Ordinary bearer £1 d 27% 28% Com Solvents A__ ! d 127 129 Class B . i d 127 British Col Fish & 15% 15% Packing........... 100 r 63% Congoleum-Nairn.. i British Empire Preferred _ __ 97% 100 43 Steel com__ .100 1% Congress Cigar _. t d 42% Conley Tin Foil . . ) d ___ 1st pref_____ 100 12 25 % Stpd as to liq div. d 2d pref______ 100 % 3 2% 49 Brown Shoe (new)*| d 33% 34% Consol Car Heat. 100 , 47^ 55 Cons Cigar Corp. 1 d 54% Preferred__ .100 106% 110 100% Preferred____ 1001 98 Brunswick-Balke45 ConsCoal ofStL. 100 Collender_____ (!) d 28% 29 3% Consol Distrib. ..fa 3% Preferred____ 100 98 101 ___ Buckeye Pipe L..50 d 52 53% Cons Ice (Pittsb).50 d .. 22% Bucyrus com___ 100 202 Preferred____ 50 d 20 210 2% Preferred__ .100 Consol Textile__ ! d 2 105 ___ Cons Coal of Md. 100 37% Burden Iron pref. 100 100 105 s 93% Burns Bros 7% pf. 100 Preferred__ .100 98% 100 7 Consumers Co__ 20 d 6% Prior pref'ce__100 116 78 76 Class A com stk.! rdl35% 136% Prtferred.. _ 100 84 Cont Baking A__ ! d 82% Class B com stk.i, d 36% 37 12% Class B__ __ ! d 12% Burr Add Machine, i d 86% 87% 92% 90% Bush Term Co com (i) d 25% 26 Preferred (8%) 100 75% 90 Continental Can... ! d 75Ys 89 7% debenture-100 126 Bush Terminal Preferred.__ 100 120 10% Bldgs pref___ 100 100% 102 Continental Mot_ ! d 10% Stocks. Par. Bid. Ask. Per share. Continental Oil vtc d 21% 21% Corn Prod Refg..25 38% 38% Preferred____ 100 129 132 Cosg-Meeh Coal__ ! d 13 15 Coty Inc temp ctf. . 1 d 50 52 Cramp (Wm) & Sons Sh & E Bldg. .100 39 Crescent Pipe L..25 d 13% 15 Crex Carpet___ 100 32 40 Crock-Wheeler . _ 100 13 16 Preferred____ 100 60 80 Crucible Steel__ 100 68 69 Preferred____ 100 98 99 Cuba Cane Sugar.. ! d 9 9% Preferred__ .100 41 41% Cuba Co . .. ! d 47% 47% Cuban-Am Sug 10 d 25% 25% Preferred. . .100 102% 104 Cuban Dominican Sugar com____ _ 1 <Z 1% 1% Preferred__ 100 19% 20 Cudahy Pack__ 100 79 82 Cumberl Pipe L.100 110% 114 Cushman's Sons__ 1 d 94 97 7% pref_____ 100 102% 106 8% pref.. -------1 d 101 106 Cuyamel Fruit___ ! d 44% 45 D H Holmes Ltd. 100 n 245 Dan Boone Woolen Mills_________ 26 d % % Davis C & C___ 100 68 75 Davison Chem .. 1 d 37% 37% Devoe & Raynolds 99 Inc 1st pref__ 100 102% Class A (non-vot)! d 36 36% Deere & Co pref. 100 106% 108 D L & W Coal ..50 d 130 135 Det & Clev Nav .50 d 17% Diamond Match. 100 d 120 125 Dixon (J) Cruc_.100 139 143 Dodge Bros com A (!) 28% 29 82% Preference___ (fi d 82% 40 Dodge M fg pref .100 45 Dominion Edge. 100 r 94 96 Dom Coal pref.. 100 r 45 Dominion Glass. 100 r ___ 98 Preferred____ 100 r 106 Dom I & S pref. . 100 r ___ 8 Dom St Corp pf. 100 r ___ 24 Donner Steel com 100 5 8 80 82 1st preferred.. 100 2d preferred _ . 100 35 Douglas Pectin___ ! d 19% 20 Douglas Shoe pref. 82 86 Dow Chem com _. 1 d 73 90 Preferred____ 100 100 105 duPont (E I) de N & Co com. ..100 217 219 Deben stock. .100 102% 102% Durham Hosiery .50 d 5% 11% Preferred__ 100 58% 61 Eagle Lock. _ 26 d 85 95 Eagle-Picher Lead 20 d 28% 28% Eastern Mfg__ ..6 d 3% 4 26 28 Preferred____ 100 East Roll Mill new. i s 34% s 34% Preferred____ 100 Eastern SS Lines. 62% 64 92 1st pref . . 10( 95 d 42 Non partic pref. 43 Eastman Kodak __! d 109 109% 114 Preferred__ .100 Eaton Axle & Sd ! d 26% 26% Edm's & Jones Cor i d 29% 30 99% 100% Preferred__ 100 Eisenlohr (Otto) & 13% Bro. . .. ..100 13% 92 Preferred.. 91% 66 Electric Auto-lite (!) d 64 Electric Boat .. (+s d 4% 5% Elec Bond & Sh pf— See Pub Util 67 Electric Refrig.. .1 d 66% Elec Stor Batt__ 1 d 78 78% Elgin N Watch .25 d 78 80 12 Elk H Coal Corp.50 d 9 Preferred____ 50 d ___ 25 Ely Walker Dry 30 Goods.._____ 25 d 29% 1st preferred.. 100 107 87 2d preferred ..100 2 Emerson-Brant.. 100 1% 12 13 Preferred__ .100 68 Endicott-Johnson. 50 d 67 Preferred__ 100 116% 117% Equit Office Bldg— Preferred 100 100% 101 50 49 Eureka Pipe L..100 48 Eureka Vac Clean, t d 46 Exch Buff Corp ..! d 15% 17 Fair (The) Chic...i d 29 29% 108 Preferred__ 100 106 3 Fairbanks Co . .26 d 1 10 15 1st preferred ..100 8 5 2d preferred. .100 49% Fairbanks Morse 1 d 49 Preferred____ 100 110% 115 Fa lardo Sugar _ .100 138 140 Falls Rubber. f d ___ 10 18% Preferred- ___ 25 d ___ Famous PlayersLasky Corp____ 1 d 121% 121% 119% 118 Preferred___ 100 40 Fay & Egan com. 100 25 . 65 Preferred___ 100 55 42 Federal Mot Tr._io d 41 Federal Sug Refg. 100 50 55 60 75 Preferred__ .100 5th Ave Bus term. ! d 15 19 Federated Metals. . i d. 16 17% FirestoneT&Rub.lO d 105% 113 6% 1st pref...100 101 7% 2d pref__ 100 99 97% Firs! National 99% 99 Pictures 1st pf-100 First Nat Stores.. (!) d 33 33% Fisher Body. . _ 25 d 88 88% Preferred__ 100 Fisk Rubber com ! d 17% 17% 113% 1st preferred ..100 96 100 First pref stpd. 100 96 1st pref conv pf 100 2d pref 7%__ 100 Fleishmann Co___ ! d 41% 42 Preferred- ..100 113 Ford Mot of Canada 462 480 Fostoria Glass__ 100 d ___ k 150 Foundation Co___ fid 100 101 64% Fox Film cl A.. _.t|d 64 Fox Theatres A corned 23% 24 [Vol. 122. Stocks. Par. Bid. Ask. Per share. Franklin (H H)/Mfg 24% 26% Preferred____ 106 82 85 Freeport Tex Co. _! d 31 31% Gabriel Snubber A . ! d 33% 34% Galena-Sig Oil .100 20% 21 Pref (old)____ 100 81 85 Pref (new) . 100 83 85 Gardner Motors__ ! d TYs 7% Gen Am Tank Car. ) d 46% 46% 104 1st preferred. _ 100 102 Gen Asph com .100 65% 65% Preferred___ 100 105% 106% Gen Baking, ci A..t ds 52% s 52% Class B _ . | ds 6% s 6% Gen Cigar common f d 50% 51 Preferred____ 100 111% 115% Deb pref____ 100 109 113 General Electric. 100 322% 323 Special 6% stk. 10 d 11% 11 % Gen Fireproofing..! d 44 47 Preferred.__ 100 105 General Motors __! d 132% 133 Preferred . _ 100 98% Deb 6% stock. 100 98% Deb 7% stock. 100 413% 114 General Outdoor— Advertising A__ ! d 52% 53% Com vtc______ 1 d 29 29% Gen Petrol______ 25 d 59% 60 Preferred__ -.25 d 24% Gen Ry Signal com ! d 72 72% Preferred____ 100 103 42% General Refrac__ ! d 42% 160 Gen Tire & Tub. 25 d 150 no Preferred __ 100 39 Giant Port Cem .50 d 33 46% Preferred___ .50 d ___ 94% Gillette Saf Raz. (!) d 93% 54 Gimbel Bros_____ ! d 52 Preferred____ 100 104 107 162 Glen Alden Coal ! d 161 Glidden Co___ .! d 19% 20 88% 91 Preferred____ 100 Globe-Wernicke .100 93% Undeposited stk... 95% ___ 93 Pref undep stk 100 Godch’x Sug Inc.. 1 d 2% 4% 15 20 Preferred__ 100 d 44% 44% Gold Dust Corp 54% Goodrich (B F) _ . ! d. 53% 98 99% Preferred__ __ 100 Goodyear Tire & 31 33 Tubber com. 100 108 Preferred__ 100 107 Prior pref__ 100 101% 102% Goodyear T & R of 96 California pref. Goodyear T & R of 94 Canada pref 100 r 90% Gorham Mfg cem(f) d ___ .. Preferred . _. 100 Gotham Silk— 36 Hosiery vtc.. .f d. 35% 98% 99% Preferred _ .100 18% GouMOoudA____ 125 Grasselli Chem .100 124 Preferred____ ISO 102% 103 11 Grat & Knigrht _ . t < 8 65 New pref____ <1*0 t 60 30 35 Old pref.___ 100 85 86 Gray & Dudley. 100 102 100 Preferred..___ 118 Gt A & P Tea pf. 100 116 70 Gt Lakes Tow. . 100 95% 97% Preferred_. ..100 265 Great Nor Pan 100 255 96 Great West Sug__25® 95 Preferred 100 d 110 113% 93 96 Grnfld Tap&D pflOO Grennan Bakeries t d 16 102 Preferred __ 100 100 d 60 Warrants .. 7 Guantanamo Sug..! d 6% 85 Preferred____ 100 Guardian Invest’t 98 100 Corp units____ __ 86 Gulf Oil Corp___ 25 d 85 68 69 Gulf States St’i .100 1st preferred.. 100 108% 10c. 15c. Hale & Kilburn. 100 14 18 Preferred... 100 Hamil-Br Shoe__ 25 d 45 Hanna (M A) 1st 42 50 preferred_____100 18% Harbauer Co___ (!) (1 ___ 144 Harb-Walk Ref.. 100 Preferred__ 100 105 32 Harris Auto Press(l) d 29% 28 Hartman Corp . t d 27 Hart, Schaffner & 116 115 Marx------------ 100 Hawaiian Com & Sugar. ______ 25 d 44% 34% Hayes Wheel.. . 1 d 34 107 Preferred__ 100 101 Hazel-Atlas Glass.25 (1 ___ k 41 Helme (G W) Co 71 Common______25 d 69 ___ 112% Preferred_____ 100 145 Hercules Powder 100 142 115 Preferred____ 100 113 200 Herr-H-Mar Safe 100 195 Heywood-Wake70 65 field Co_____ 100 102 98 Preferred.. ..100 200 Hock Val Prod__ 16 d 158 26% Hoe (R) & Co cl A.! d 25% Hollingsh'd(RM)Co 19 17 Common .... 102 99 Units . . ___ 36 Holly Sug Co___ ! d 34 82 80 Preferred__ 100 ___ Holyoke Wat Po. 100 450 60 Hood Rubber___ ! d 50 104% 101% Preferred____ 100 Hood Rub Pro pf 100 101% 103 Hooven Owens & ___ Rentschler pf.100 43 Household Prod ..1 d 42% 58 59 Houston Oil ctfs 100 82% 83 Preferred ctfs. 100 71 67 Howe Scale pref. 100 69% Hudson Mot Car..! d 69 67% Humble Oil & R..25 d 67 d 67 67% New stock___ 21% Hupp Motor____ 10 d 21% Hutch Sug Pltn__25 d 10 4 Hydraulic Pr Br.100 3% — Preferred____ 100 86% a Purchaser also pays accrued dividend, d Price per share, not per cent, k Last sale. I Par value $100. n Nominal, o Price per cent ot va . Canadian price, s Sale price. ( New stock. « Ex-stock div. i Assessment paid x fix-dividend p Ex-rights, t Without par value. Mat, Stocks. Par. 47 INDUSTRIAL AND MISCELLANEOUS STOCKS 19264 Bid. Ask. Per share. Hydraulic Steel., t d .... Preferred____ 100| _ . 45% Illinois Brick____ 25'd 45 Illinois Pipe L...1O0 143 K 144% Imperial Glass.. 100 fc 72 Imperial Oil new.. . a 34% 35 Imperial Tobacco 5% of Canada com .5 d 5% Imperial Tobacco 25 of Gt. Brit & Irel'd d 24 Indepen Brew'g..5O d ___ 4% 8 Preferred_____ 50 d ___ 26% Indep Oil & Gas__ t d 25% Indeb Pneum Tool, t d ___ 60 64 % 66 Indian Motocycle t d 19% 20 92 7% preferred..IOC Indian Ref com__ 10 d 10% 11 Stock tr ctfs—If d 9% 10 85 Preferred.__ IOC 101 India Tire & Rub 100 160 164 95 Preferred______ 100 90% Ingersoll-Rand .100 92% 103 Preferred____ 100 Inland Steel____ 25 d 37% 38 Preferred__ .100 109% 110% 15% Intercont Rub.. 100 15% Int Agr Cor com—t d 16% 17 Prior pref ctfs. _t d 85 90 Int Business Mach i d 43% 44 Inter Button Hole Sew Machine. 10 d 7 Int Cement Corp . t d 60 61 Pref (7%). 100 103% 104 90 Int Cigar Mach. 100 100 Int Combust Eng.. t d 45% 46 Int Educational Publishing com.50 d 10c. 25c. Preferred ____ 50 d 3 % 4% 117% 118% Int Harvester__ 100 Preferred ...... 100 120 121% Internat'l Match— ParticDref.___ 35 (I 62 63 8% Int Mer Marine.100 8% 34% ' 35 Preferred___ 100 36% Preferred.__ 100 103% Inter Paper-------(t) « 47 48 6% preferred. .100 d 7% pref.. 100; 90% 91% Internat Petrol. . t d 33 '/■& 33% 75% Inter Salt. ---- 100 80% Internat Shoe____ t d 148 150% Preferred____ 100 109% 110% 93% Inter Silver____ 100 94% Preferred____ 100 102 34 Int. Text Book__ 100 39 Intertvne Corp... t dx 22% 23% Iron Prod Corp. 10 71 J R Montgomery 100 100 Preferred__ 100 110 32% Jewel Tea_____ 100 33% Preferred____ 100 115 123 Johns-Manv. Inc..t d 138% 139% Johnson Tin Foil 60 & Metal_____ 100 15% Jones Bros Tea----- 1 16 Jones & Laughlin Steel 7% pref. 100 115 117 Jordan Motor Car.t d 34% 35% Juncos Cent Sug.100 K C Stk Yds Me. 100 101 103 80 82 Preferred___ 100 Kanawha & Hock 1 Coal & Coke..100 4 35 Preferred____ 100 40 % Kans & Gulf Co.. 10 d % 35% 1st preferred----- 1 d 99% 103 Keith (Geo K) Co— 99 1st preferred-.100 15 Kell v-Springf Tire 25 d 14% 63 6% cum pref. .100 71 55 59 8% 2d pref...100 99% 101 Kelsey Wbeel----100 115% Preferred__ .100 15 Kendall Mfg____ _ t d 5 Preferred- —100 50 % Keyst Tire & R —10 d % 68 Kinnev (G R)____ t d 61 95 96 Preferred____ 100 Kirby Lu inber .100 140 2 4 Knight (B B & R) pf Kresge Oept Stores t d 18% 19 72% 80 Preferred......... 100 Kresge (S S) Go— 47% New com (vot). 10 d 47% 113% Preferred. . .100 110 600 Kress (S H) & Go 100 340 Preferred - .. ~100 124 36 Kupp’h’mer (B)__ 5 d 30 Preferred____ 100 101% 153 Laclede Steel___ 100 151 2% Tiake Sup Corp--100 3 I.alrn of" the Woods 147 Milling______ 100 r Preferred____ 100 r 115 42 Lambert Co _ _ t d 41% lenders. Frar.v & 86 Clark________ 25 d 83% 85 86 Lanst Monotype 100 28 Tiarrowe Milling__ t d 25 106 Preferred____ 100 84% I Aiirentide Go - _ 100 r 84% 10% Lee Rub & Tire___ t d 10 Leh Coal & Nav__60 d 108% 109 I^ehigh Val Goal 86 Sales ____ 50 d 83 Leh & W-BCoal. .50 d ___ 34% I.ohn & Fink l’rod.t d 34 IJ bbey-O w ena 148 Sheet Glass___ 25 d 142 Preferred _ . . 100 114 L’bbv McNeil & 8% Libby ......... 10 d 7% 19 Life Savers____ (t^ d 17% 81 Lig & Mvers Tob-25 d 78 Common B__ ..25 d 78 79% Preferred -- - 100 125% 128 d 56% 58 2 3 Lindsay Light___ 10 d 8 Preferred_____ 10 d 7 26 Lit Brothers____ 10 d 25% d 37% 37% Loew’s Inc -_ 7U d 7t< 4^7 Long Bell Lum A (t) d 46% 107% Loose Wiles Bis 100 103 116 1st preferred. .100 114 130 2d preferred-.100 120 Stocks. Par. Bid. Ask. Stocks. Par 1 Bid. Ask. Stocks. a Purchaser also pays accrued dlv - Assessment paid, d Price per share, not per cent, fc Last sale. I Par value $100. adlan price. s Sale price. < New stock. a Ex cash and stock dlv. » Ex-stock dlv. x Bx-dlv. u Ex-rights. t Without par valu*. Par. Bid. Asfc. Per share. Per share. Per share. N Y Canners Inc..1 d 37 Lord & Taylor.. 100 n 300 38 Remington Typ.100 96 95 325 1st preferred. .100 n 95 6% preferred-. 100 d 83 84 1st preferred. _ 100 108 109 100 N Y Dock_____ 100 35 1st pf Ser S__ 100 2d preferred-.100 n 105 36 107 115 Preferred____ 1 Of Lorillard (P)____ 25 d 38% 2d preferred . . 100 107 69% 71% 109 38% N Y Transit___ 10( Preferred____ 100 Reo Motor Gar__ 10 d 20 112 45 47 20% 117 Replogle Steel. . td 9% Louisiana Oil Ref (t) d 15 9% 15% Nicholson File.-lOf 196 Ludlow Mfg Assn (f) d 170 Niles-Bem’t-P’d .100 49% 20 23 IRepub I & Steel-100 175 49% Preferred____ 10( Ludlum Steel____ id 37 .94 37% 75 80 | Preferred- . .100 93 Nor & W Stboat.lOC 270 Lukens Steel____ 50 d 20 ! Reynolds Spring _td 6% 7 30 North & Judd___ 25 d 23 MacAndrews & 25 |Reynolds Tob _ .25 d 124 Northern Pipe L.10C 1 72% Forbes _____ (t) dt 40 74 I B common. _ .25 d 93% 94 42 Norwalk T & RublO d 10 Preferred____ l00| 100 10% Rich & Boynton 103 Preferred . _ . . 1001 78 PartJc pref____ t d Mackay Cos (See P ublic U tilities) s 38% 83 Nova Scotia St & C 1 r ___ Mack Trucks Inc. t d 117% 118 Richmond Rad . (t) d 16% 17% 1st preferred.. 10(1 110 38 14% | Preferred. . __ _ 40 111 Ogilvie FI Mills newt \r 170% 2d preferred-.100 105 iRocky Mt Fuel—100 2% 5 108 Preferred____ 100 r 118% | Preferred___ 100 Macy (R H)_____ t d 95 3% 7% 96 Preferred .. .100 135 116% Ohio Brass pref_. 10C 101% 102 |Rome Brass & C.100 125 Class B______ Tld .100 100 Mallison (UR)___ t 76% Rome Mfg__ 19 19% Preferred-__ 100 Ohio Oil ______ 25 d 61 Royal Bak Pow_100| 155 80 165 73 62 Manati Sugar__ 100 Oil Well Supply., .t'd 30% Preferred____ 100! 100 102 32 31% 37 Preferred - _ _ _ 1 Of i 103% 103% Royal Dutch Co N Y d 51 % Preferred- . 100 52 70 83 Manhat El Sup___ t d 71 4 14% Saco-Lowell Shops.. Z 71% Omnibus Corp vtc.f.d 14% Preferred A__ 10C Preferred____ 100 Manhattan Shirt.25 d 24 15 24% 93 90 Ontario Stl Prod 100 ,r 62 Preferred____ 100 j 113 2d preferred..100 8 64 120 Preferred___ 100 r ___ Safety Cable Co_.(t) d 48 Maple Leaf Mill. 100 r 60% 49 100 Onyx Hosiery____ t'd 33% Preferred____ 100.r 127 35% Safety Car H & LI00 125 95 Maracaibo Oil Preferred____ 100 [ 95 St L Car Co7%pf 100 92% 97 Exploration____ t d 23% Oppenheim Collins.+ d 50% 52% St L Cot Comp.. 100 24 73 Orpheum Circuit. _1 d 29% Marland Oil.- —id 55% 85 89 56 29% St L Nat Stk Y..100 Preferred____ 100 Marlin-Rockwell St L Rocky Mt & 104 105 Pacific Co___ 100 d 19% Corp v t c-------- t'd 28% 22 28% Otis Elevator___ 50 d 115% 117% Preferred____ 100| 50 Martin-Parry Cor.td 18% Preferred____ 100 d 104 57 18% 105% St Regis Pap, com t d 50 Otis Steel ____ — t>d 9% Mason Tire & R.. i d % 55 9% 1% 1st preferred.. 100 Preferred____ 300 Preferred100; 8 96 100 12 91 92% Mathi’son Alkali .50 d 73 Salt Creek Cons Oil. d '8% 8% 74% Outlet Go com—(t) d 47 49 Preferred____ IOC Preferred.__ 100 32% 98% Salt Greek Prod-. 10 d 32 97% Owens Bottle___ 25 d 60% San Cecil Sug pf.100 iMay (The) Dept 61 Preferred ___ 100 SavageArms___ 100 | Stores Co com. _ 50 d 115 77% 79% 115% 115 Oxiord Paper pfd 100 103% Sav Riv Lum pf.100 2>£ | Preferred___ 100| 123 3% 125 Pacific Coast Co. 100 Savan’h Sug com. _ t d 140 Maytag Co--- —t d 20% 150 35 21 29 Preferred____ 100 112 1st preferred. .100 McCall Corp___ (t) d 37% 120 40 58 75 2d preferred -.100 Schulte Retail St-. t d 48 McCrory Stores—t'd 75 48% 85 62 47 Preferred__ _100 Pacific Oil______ t d 56% Non vot cm cl B. t'd 79 115% 117% 56% 80 Packard Motor__ 10 d 35% 1 Preferred (7%) 100 106 232 110 35% Scovill Mfg____ 100 225 Paige-DetroitMot(t) d 18% MeugelCo_____ 100 14 36 38 18% Seagrave Corp___ td 13^6 Sears, Roebuck & Merc Stores__ .100 d 110 Pairpont Corp. .100 190 120 Pan Am Petrol & Co common__ 100 48% Merch & Mfrs— 48 Seiberling Rubb__ fa 20M Transpcom___ 50 d 65% 21 Secur Co com-.25 d 31 66 33 Preferred____ 100 Merg Linotype., (t) dtl09% 110 Com Class B__ 50 d 66% 93% 95 67 Pan Am Vvest Petrol Shaff O & R pf_-100 iMerrimacChem...50 d 76 88 92 80 Sharon Steel Hp__50 d 22 Class A com___ t'd _ Metro-Gold Piet pref d 22% 23 23 Shattuck (Frank G)t d 56% Mex Eagle Oil. —5d 4% Class B com___ t d 39% 57 40 6 Shell Transp & Tr £2 d 42 % Mex Sea board Oil.-td 8% 43% 83% Panhandle P & R--t d 13% 14 Shell Union Oil___ t d 25 Preferred____ 100 Michigan Sugar..l0d 3% 25% 3% 80% 85 Preferred 100 xdl03% 107 Paraffine Cos com.. Preferred___ 100 n _ _ 94% 94 Preferred.. ------- 116% 116% Sherw-Williams -.25 d 391^ Mld-Cont Pet...(t) d 32% 41 32% Preferred - . _100 106% 107% 7% preferred.-100i 96 97 1 Paragon Refg___ 25 d 7 7% Preferred__ .100 Sher-Wms Can. ..100 r 127 Mid States Oil... 10 d 1% 60 1% Parish & Bing stpd. t d Preferred____ 100 113 Ctfsofdep-------10 d % 1 Shredded Wheat-100 d 170 Davis Co. .25 d 109% 110 Midland Steel 200 116 1 Parke, Products pref. 100 115 New _ . (|) td 44 48 Park & Tilford Inc. tid 20 % 21% Shubert Theatre.(t) d 61% Midvale Co----------1 d 22 61% 24% Pathe Exchange A . t!d 50 52 Miller Rubber, com. d 35 Simmons Co___ .td 41% 42 Peck, Stow & W ilc 25; d 23 36 25 Preferred-. 100 108% 110 Peerless Mot Car_50 d 28 Preferred-------100 101% 102 28% Penick & Ford----- 1 d 20% Mohawk Rubb-.lOO 21% 37 21% Simms Petrol Co_10 d 21 Simon (Franklin) & Preferred____ 100 Preferred____ 100 102% 75 Co pref. 100 106 Penn Coal & Coke 50 d 10% Moline Plow 1st 108% 11% Penn Salt Mfg----50 d 74 pref__ _______ 100 22% 76% Sinclair Cons Oil-.f d 22 Montgomery Ward Penn Seab Steel__ t d 1% Preferred____ 100 xd 93 95 1% Singer Mfg__ .100 Co common___ 10 d 63% Penn Traffic___ 2% d 1% 324 320 64 2 Penn-Mex Fuel__ 25 d 18 Singer Mfg Ltd----£1 d 6 Preferred . . . -100 115% 116 7 20 Penney (J C) pf.100 106% Skelly Oil_______ 25 d 35% Class A . ------- 1 d 35% 110 Sloss-Sheff S & 1.100 113% 114% Moon Motor Car_.t d 26% 26% Pettibone Mull.-100 Preferred _____ 100 100 Morris (Philip) —10 d 17% 105 127 18%j Phelps-Dodge__ 100 122 Phila Insul Wire__ t d 51 Smyth Mfg Co..100 370 Morse Twist Drill 52 & Machinery—50 d ___ Phil & Read C & I_t d 39% 202 70 39% Solar Refining ...100 201 Ctfs of Int (w i)_ t Sonora Phon pfd. 100 Motion Pic Cap.(t> d 20% 25 30 20% 38 41 Southeast Exp. .100 Moto Meter Co A_ _T'd 39 98 101 39%, Phillip-Jones Corp.f 48 52 South Dairies A__ t d 47 Preferred__ .190 Mot Wheel Corp.(t) d 25% 47% 26 79% 88 Class B . _ . . t Mountain Prod__ 10 d 25% d 30% 30% 25%, Phillips Petrol. . . . t d 45% 45% Southern I ce U til A (t) d 24 Phoenix Hosiery__ 5 d 32 Muller Bakeries A .. t dx 28% 26% 30 36 Glass B________ Preferred . . - i 00 Pref with warr.100 102 29% 30 98 100 Preferred _ _ Mullins Body. —t d 14 90 15% Pierce-Arrow Mot Car Corp____ -t d 25 Preferred____ 100 65% 67 25% Southern Pipe L.100 Preferred____ 100 South Penn Oil. .100 159 Munsingwear lnc—1 d 35% 162 88 36 89 New stock___ ___ d 39% Murray Body-------1 d 53% 40% 5%' Pierce Oil Corp__ 25 d 1 1% Nash Motor (no par) d 53% So Porto RicoSuglOO 102% 103% Preferred____ 100 54% 17 19 Preferred.. -.100 112 Nat Acme stpd—.JO d 9 114 4% 9% Pierce Petrol______t d 4% S'west Pa P L__ 100 Pigg Wlgg Corp..-t d 40 National Baking, (f) d 9 52 53 11 45 IVeferred____ 100 Preferred____ JOOd 90 105 ' Spalding (AG) & Bro 100 Pittsb Brewing__ 50 d ___ 1st preferred--100 103% Nat Biscuit......... . lOd 83% 84 5% River Pulp Preferred_____ 50 d ___ Preferred-------100 130% 132 14 1 Spanish & Paper M__ 100 r 99% 101 Pitts Coal (Pa).. 100 Nat Candy------ 100 74 75 33 33% Preferred____ 100 Preferred____ 100 r 110 1st preferred.. 100 108% 76 73% 111% 5 1 Spear & Co. temp. - f d 12 2d preferred 100 102 13 106% Pittsb Oil & Gas__ 5 d ___ Pittsb Pl Glass-.100 s 280 s 281 Pref____ . .100 74 Nat Carbon pref. 100 126 70 130 Spicer Mfg Co___ t d 22 22% Nat Cash Rog A.(|) d 42% 42% Pittsb Steel pref. 100 94 98 ITeferred___ 100 Pittsburgh Steel Fdy Nat Cloak & Suit 100 100% 102 25% 26 Stafford Co pref. 100 com---------------(t) d 29 90 100 Preferred____ 100 75 80 Standard Milling 100 Preferred___ 1 Of d ___ 72 70 63 75 Nat Dairy Prod.— t 63% Preferred __ .100 85 86 Nat Dept Stores. - . t d 26 46 43 26% Pittsb Term Coal 100 Preferred____ 100 55% 1st preferred. .100 82% 91 94% 86% Stand Oil (Cal)...25 d 55% New stock____ d 55% 55% Nat Dist Prod—.(t) d 16 16% Plimpton Mfg Co 100 100 Stand Oil (Ind)...25 d 64% Porto Ric A Tob. 100 64% Preferred-------(t) d 42 68 72 43 Postum Cereal___ t d 84% Stand Oil (Kan)..25 d 27% 28 Nat Enam & Stpg 100 28 85 29 Prairie Oil & Gas .25 d 56% 120 Preferred____ 100 82 56% Stand Oil (Ky)__ 25 d 118 85 Prairie Pipe L__ 100 123% 124% Stand Oil (Neb).100 204 265 Nat Fire-Proofing 50 13 15 New stock 25 td 44 44% Pratt & Whit pf.100 Preferred-------- 50 d 34% 80 Pressed Steel Car 100 Stand Oil of N J..25 d 44% 45 Nat Fuel Gas-----138 145 37 38 Preferred.__ 100 118 Preferred__ .100 118% National Lead. .100 146 87 88 148 Stand Oil of N Y..25 d 31 Proc A Gamble__ 20 d 151% 155 31% Preferred . . -.100 117 119 Stand Oil (Ohio) .100 313 Preferred (8) -.100 160 317 National Leather. 10 3 170 3% Preferred ____ 100 117% 120 6% preferred.. 100 114 Nat Ref com____ 25 d 38% 40 Prod & Ref Corp.50 d 13 7 Preferred__ .100 128 13% Stand Plate Glass.. t d 6% 135 Preferred-__ 100 Preferred.___ 50 d 32 20 50 Nat Sugar Refg.lOO 110 112 33 ___ s 78 Prior pref__ .100 Pullman Co .100 170 Nat Supply Co—50 d 61% 62 171 Stand Sanit Mfg_. 25 d 103 Punta Alegre Sug.50 d 36 104 ITeferred____ 100 107% 112 37 ___ Preferred____ 100 115 Pure Oil Co____ 25 d 27% Nat Tea com--------t d 128 27% 133 Standard Screw. 100 106 108 6% preferred-.100 Nat’l Transit-. 12.50 d 16 94 16% ___ Preferred A__ 100 101 8% preferred ..100 107 Natomas Co of Cal 108 Stand Tank Car__ t d 7% Quaker Oats___ (t) 8 preferred____ 100 1 138 2 137 Preferred— 100 52 56 Preferred— .100 105 New Bedford Cord107% ___ 9 Radio Corp_____ t d 35% age com__ - .10 d ___ 36% Stan Text Prod.. 100 44 Preferred A__ 100 39% Preferred __ —50 ,d 45% 37 Preferred. -.100 105 46% Preferred B__ lOO ___ Ry Steel-Spring— 22 New Departure New common50 d 64% 77 64% Stanley Works___25 6Z 75 Mfg pref-------100 105 Preferred_____ 25 d 27 Preferred— ,100 116% 117% New Egyptian Portl ti „ ___ Reece Button-Hole Steel Co of Can..100 r 100 Cement com.. (|) d 18 20 Preferred ___ 100 r __ 116% Machine_____ 10 d 16 16% 95 7% pref_____ 100 100 Reece Fold Mach. 10 d 1% 80 New England Spun 1% Sterling Products (t) d 79% ___ Stetson (J B)___ (t) d 90 93 Regal Shoe pref----72 Silk pref_____ 100 105 110 Preferred_____ 25 d 37 Reid Ice Cream__ t d 48 49 40 N J Zmc______ 100 193 195 Stew-Warn Speed..'' d 74% 75% Preferred____ 100 98% 99 N J Worsted Mills 38 Reis (Robt) & Co..t d 13% 8 % nref 100 13% Stromberg-Carls__ • dt 35 Stromberg Carb__ " d 65 66 1st preferred. . 100 New Mexico & 88 80 Studebaker Corp.. dt 52% Remington Noiseless 53 11 Arizona Land—1 d 10% Preferred . .100 117 Typewriter A__ t d 31% 122 35 New Niquero SuglOO 50 75 Preferred— -10C 1 ----- s 100 41% ,N Y Air Brake----- 1 d 40% 1 1 Class A stock__ t d 60% 60% n Nominal. r Can 48 Stocks. INDUST. AND MISCEL. STOCKS—MUNIC. BONDS Bid. Par. 1 Ask. Oer share. Stutz Motor Car.-t a 23 2314 Submarine Boat__ 2% 21* Sugar Estates Oriente pref__ 100| 75 78 3 2V Superior Oil ___ jd Sullivan Mach'y.(t) d 53 55 Sun Oil . (f) d 33 33|* Superior Steel__ 100j 25 27 Swan & Finch___ 25 d 17 18 Swedish-Amer Inv | Partic pref. - _ 1001 99 % 1001* Sweets Co of Am-10 d 11 12 Swift & Co - - 100 112 113 Swift Internat’l—15‘d 151* 16 Swinehart T & R.100| Symington Co____ f d 9 92* Class A_______ fd 17>4 18 Telaut’g'ph Corp—td 11 121* Texas Company. _ 25 d 512* 5124 Tex Pac Coal&Oil.lO d 141* 1424 Texas Gulf Sulph-10 d 1351* 13524 Textile Banking lOOi 170 185 Thompson-Starret t dnl20 Preferred-. —lOOdnloO 43 45 Tide W Assc Oil pf \xd 92 93 Tide Water Oil t d 311* 32 Pref (non-vot) lOO'x 92 93 Timken-Det Axle. 10,d 9K 92* Preferred ___ 100| 951* Timken Roll Bear.fd 502* 51 Tobacco Prod__ 1001 98 2* 9914 Class A—__ 100| 107 Yi 1081* Torrington Co__ 25 d 60 62 Transcont’l Oil___ t,d 31* 32* Transue & Williams | Steel Forging__ t'd 23 24 Troy Fdy & Mach.25 d 5 Preferred____ 1O0 d 5 Trumbull Steel__ 25 d 102* 1024 Preferred ___ lOOj 66 68 Truscon Steel__ 10 d 2324 2414 Preferred____ 100 dn 98 Underw’d TypeW-25 d 53 54 Preferred____ 1001 11914 39|* Un B & P Corp.. 100| 39 82 Un Oarb & Carbon, t d 81 1* Union Oil of Calif-25 d 431k 43 24 Un Oil Associates. 25 ,d 452* 46 Un St Yds So OmlOO| 118 122 Union Tank Car.lOOl 901* 9024 Preferred . - 100! 1 1514 11524 United Alloy Steel _t,d 291* 291* United Cigar Stores I 901* of America____ 25 d 9014 Preferred____ 100j 11714 121 Stocks. “or. Bid. Stocks. Ask. Per share. United Drug.— 100 1451* 146 First preferrec 50 d 57 58 United Dyewood 100 12 Preferred_____ 100 40 88 TTn TCnff & Fdv 100 140 145 Preferred____ 100 115 United Fruit t d 108 1081* Unit Paper Board 100 22 26|* Preferred __ 100 65 Untd Sh Mach Co25 d 47|* 4724 Preferred ----- -25 d 2834 28|* USBobb& Shut.100 30 Preferred___ 100 100 U S Can com__ - -t d 50 75 Preferred ______ 100 n 102|* U S Cast IP&FdylOO d 170 171 Preferred____ 100 101 102 U S Dairy ProdCommon A. — t d 35 38 Common B__ -t d 151* 1824 U S Distrib____ -. t d 52|* 53 Preferred__ - 100 155 U S Envelope__ 100 152 157 Preferred _____ 100 106 110 U S Express____ 100 4 32* U S Finishing... 100 57 60 Preferred____ 100 90 87 U S Glass______ 25 d ----- s 17 U S Gypsum___ 20 d 140 143 Preferred____ 100 1131* 115 U S Hoffman Machinery. ____ — t d 53|* 54 U S Ind Alcohol. 100 52 511* Preferred_____ 100 100 10114 U S Playing Cart .20 d 1381* 140 U S Print & Litho— Common____ 100 87 89 Preferred____ 100 98 100 U S Radiator___ 38 Preferred. . . - 100 99|* 102 USRealty&Imp- 100 ' 56 561* U S Rubber.. ._ 100 622* 622* 1st preferred.. 100 10424 105 USSm Ref & Min 50 d 392* 40 Preferred__ __ 50 d 48 482* U 8 Stamping__ 100 k 110 U S Steel Corp.. 100 1231* 1232* Preferred____ 100 128 12814 U 8 Tobacco___ -t d 57|* 61 Preferred___ 100 114 Univ Leaf Tob— 100 62 65 Preferred___ 100 100 97 Universal Piet pref. _ 91 95 Univ Pipe & Rac t d 171* 18 Preferred____ 100 631* 602* Par. Bid. Ask. Per share. 2 124 10014 1001* 34|* 3514 20 25 21 23 ___ 98 90 95 131* 15 68 69 451* 46 80 81 Utah-Idaho Sugar .6 d Vacuum Oil__ —25 d Vanadium Corp__ t d Van Camp Pkg com. d Preferred _ Van Camp Prod pf50 d 2nd pref_______ d Van Raalte Co__ t d 1st preferred..100 Vick Chem_______ t d Victor Talk M..100 Victory Park Land— & Impt_________ d 624 7 Va-Caro Chem___ t d 24 11* Ctfs of deposit__ d 24 11* Non-vot class B.t d 1 24 Ctfs of deposit. d 24 11* 71* Preferred____ 100 81* Ctfs of dep____ 7|* 81* Va-Caro Chem (new co)— Common ------ t d 151* 1524 94 7% prior pref. 100 94|* 52 54 6% part pref. .100 Va Iron C & C—100 45 47 75 Preferred . . —100 85 V Vivadou Inc___ + d 29 292* Preferred__ 100 97 101 Vulcan DetinninglOO 10 15 Com class A.-100 51* Preferred___ 100 85 95 45 7% pref cl A—100 Waldorf Svstem .. t d 1814 181* Waltham Watch & Clock cl B _ t d 3914 40 106 Prior pref____ 100 X ----Preferred____ 100 d 56 571* Walworth Co___ 20 d 17 171* Ward Baking Corp— Com Class A_ t d 100 110 291* Com Class B . _ t fZ 291* 94 Preferred ___ 100 92 2* Warner BrosPicclA 10 d 141* 15 Warren Bros___ t d 451* 48 1st preferred__ 50 d ___ Warwick I & St__ 10 d 2 21* Wash Crosbv pf 100 110 112 Washburn Wire. 100 145 d ___ s ___ Washington Oil.. 10 Wash Market .50 d 52 55 Weber & Heilbr__ t d 53 5324 41* Wells Fargo & Co.. 1 d 414 ___ Welsb’ch Co com 100 47 ___ Western Dairies com Westing Air Br’ke 50 d 1121* 114 West’hse El & Mf.50 d &7X 6724 1st preferred__ 50 d 80 Stocks. [Vol. 122. Par. Weston El Instru—t d Class A_______ f d Westmor’d Coal —50 d W Va Pulp & Pap..t d Preferred _ __ Wheeling Mold & Fdy common _ . .. t Preferred-__ 100 Wheel Steel Corp 100 Preferred A__ lOO Preferred B__ lOO White Eagle Oil & Refining_____ t d White Motor____ 50 d White Mot Sec pflOO White Rk Min Spgsf d Whitman Wm pf. 100 Wickwire-Spencer Steel Trust ctfs . f d 1st preferred--100 Wiilys-Overland . . 25 d Preferred__ 100 Wilson & Co new__ Class A -_ -. — t Pref new______ Wilson & Co_____ t d Com ctfs dep___ d Preferred . - 100 Pref ctfs dep—100 Winchester Co .100 1st preferred- 100 2d preferred -.100 Woods Mfg____ 100 r Preferred. —100 r Woodward Iron.loO Preferred. _ . . 100 Woolw’th (F W) 25 d Worthington Pump & Mach_____ 100 Preferred A__ 100 Preferred B_ _100 Wright Aeron — + d Wrigley (Wm) Jr. t d Wurlitzer (Rudolph) 7% preferred-100 8% preferred .100 Yale & Towne__ 25 d Yellow Truck & Coach Mfg cl B. 10 d Preferred _ 100 Young (J S) Co..100 Preferred- -.100 Youngstown Sheet & Tube _____ -t d Preferred . —100 Bid. Ask. Per share. 16 1524 29 30 50 51 49 46 991* 101 k 12 k 40 ___ k 301* k 1001* k 111 271* 56 1061* 29 90 272* 5614 1071* 2914 93 11* 12* 231* 94 814 1614 4514 21* 21* 2324 95 9 17 46 41* 41* Id 34 16 45 851* 65 90 148 23 70 54 29 51 1091* 106 64 252* 9614 125 105 721* 108 16 20 36 20 47 ___ 70 95 149 24 751* 561* 291* 511* ___ ___ 641* 26 98 130 110 731* ___ a Purchaser also pays accrued dividend. 6 Assessment paid d Price per share, not per cent. e With common stock bonus, it Last sale. « Nominal. r Canadian price, s Sale price, t New stock. u Ex-cash and stock dividend. e Ex-stock dividend. z Ex-dividend, i/ Ex-rights. Without par value. UNITED STATES AND MUNICIPAL BONDS In reporting below prices for State and municipal securities, we give bo,' 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 of 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 of 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 al leases be added •n. 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 indicated by a special mark, thus ff) To To To Ask. Net. Bid. Bonds. Bid. Bonds. Ask. Bid. Ask. Net. Bonds. UNITED STATES—See also pa ge 13. 1021* 28 Pan Can Nov 1938.__ Q-P 101 3s Panama Canal 1961__ Q-M 95 961* 3s Conversions 1946-47__ Q-J 95 96 I* U 8 Certife of indebtedness__ & 3% 2.52% U 8 Treasury notes_________ 6 3.50 3% Instrumentalities of U 8 Govt Federal Land Bank—Farm Loan Bonds— 4|*s 1937 opt 1922.M&N 100 Id 100 % 41*s 1938 opt 1923.M&N 100 Id 100 5s 1941 opt 1931 .—M&N 103 Jd 103 % 4l*s 1942 opt 1932.M&N 101 % 101 % 4l*s 1943 opt 1933—J&J 1012* 101 Id 4J*s 1955 opt 1935—J&J 1021* 102 Id 41*8 1956 opt 1936. .. J&J 102 % 102 % 4l*s 1939 opt 1924..M&N 100 Id 100 % 42*s 1953 opt 1933—.J&J 103 H 103 2 42*s 1954 opt 1934...J&J 103 Id 1032 Fed’l Intermediate Cred Bks 41*s Feb 1 1927___ F&A 6 4% 3.75% 4l*s May 15 '27 —M&N ft 41* 3 75% 41*s Oct 15 1927.A&O15 ft 4% 3.75% TERRITORIES AND U. S. POSS ESSIO NS 4.50 4.55 4.60 4.75 4.60 4.60 4.50 4.55 4.65 4.75 4.75 opt. Sumter Co 5s 1950 Opt any int date at 101 1* — ARIZONA .Ids ref Apr '38 opt '28.J&J1 Maricopa County S D No 1 98 5s School March 1933. Tucson 5s Water 1950.. il*s W Mar 10 '38..» ARKANSAS 4|*s Sept 15 1949—M&S15 ft 4.40 4 .20% Hot Springs 41*8 '27-'50-M&S ft 5.40 4Ids Jan 1945____________ 6 440 4.20% Little Rock 41*s '26-'30-M&N 4s May 15 ’46 opt '36.M&N 6 4.40 4 .20% 41*s Fund 1931-10—.M&N 4s Aug 1947 opt 1937—F&A ft 4.40 4.20% 41*s Fund 1941-50—-M&N 6 4.25 Philip Isl 51*8 Sept 1950.Q-M 102 104 St Francis Lev D 6s 1947.J&J 6s April 1 1955._____ A&O 102 Id 104 51*s 1945-1964.............. J&J 42*s July 1 & 15 1952..J&J 99 I* 100 5 Ids 1950-1969............... J&J 991* 100 4l*s 1950.................... ....... 5s 19^?AiS]Fo^NIA""‘J&J 4s g L Pur '34 opt ’14--Q-F ft 4.80 4.50% 4s P Wks & Imp 1935. .Q-M 6 4.80 4.50% 52*8 Highway 1927-37..J&J3 4s Impt 1936 opt 1916.F&A 95 100 4 Ids Unlv Bldg Jan5'27-65J&J 6 4.20 4.25 4 Ids Highway 1936-48 — J&J30 ft 4.20 Porto Rico 4|*s 1931-34..J&J 4.25 4s Harb Imp 1985 opt '50.J&J 4Hs 1937-1940................ J&J 4.20 4s Highway July 3 1926__ J&J 6 4.10 4s Jan 1 1944-1950____ J&J 4s gold 1926-1960.......... J&J ft 4.40 4.25% Alameda 4s 1926 to 1941. J&D ft 4.40 4s Road 1927-1930......... J&J 6 4.40 4.25% 4 Ids Mun Imp ’27-’48.A&O ft 4.40 4.30 Bakersfield 5s 1926-52..A&O 5s July 1954....................... Berkley 5s 1942-1951......... J&J ALABAMA 5s School 1927-1955___ J&J 4.25 Imperial Irrig Dist 6s '38-J&J 100 41*8 Renewal 1950_____ J&J 42*s Road June 1926-1931-J kJ ft 4% to 4 -20 % Los Angeles 4Ids 1926-51 .J&D 4.25 4s renewal Class O 1956.-J&J 4s Water 1926 to 1945.M&N 4.25 3Ids renewal Jan 1956___ J&J 3 Ids Water 1926 to '41.A&O Birmingham— 4 Ids Sch 1926 to 1944.J&D 62*s 1926-1935........... M&S2 ft 4 25 to 4.50 % 4’ds 1926-1963............ A&O 4.40 5s School Apr 1 1950.-A&O 5s Municipal 1926-61 —F&A 4.35 5s School 1934................J&J 5 Ids Harb Imp.’26-’61M&N 5s Fund Sept 20 1941.M&S 4.40 Los A C S D 5Ids '26-34 M&N 4.30 41*s School 1928-30—A&O 5!*sNov 1935-60___ M&N 6 150 4l*s School 1931-34—A&O 4.30 5s 1926-1934_________ F&A 42*s School 1942-48—.A&O 4.35 5s 1935-1954_________ F&A 6 4.20 Jefferson County 5s 1949____ 4.50 Los Ang Co 4 Ids '27-’49_.F&A 4.40 Oakland 5Ids 1926-43.—F&A 41*8 July 1 1931............. J&J 4.45 4 Ids Mun Imp '26-’43.F&A 4 >d 8 Hospital 1963___ J&J Mobile 5s School 1943—.J&D 4.45 4 Ids 1927-1929 —......... F&A 6 4 20 5s Sewer Nov 1 1942..M&N 4.45 4!ds 1930-1965 —......... F&A ft 4.25 5s Dock Nov 1 1947..M&N 4.45 Oakland S D 4s 1926-44--J&J 5s Refunding 1949___ M&S 4.45 Orange Co 5s 1927-45__ M&S 41*s Refunding 1937—A&O 4.40 Pasadena 4s Jan 1927-42.J&J 41*8 Water & Sewer *39.J&J 4Ids Wat Pl’t '26-'36—A&O 4.40 ft Basis. /Flat price, n Nominal. ♦ Tax free in Connecticut. Hawaii. Territory of— 101 4.40 Redlands 5s 1926-51 „.J&Jl5 Riverside 5s 1926-53___ J&D Riverside Co 5s ’27-'54—M&N Sacramento 4s Jan ’27-'45 opt 4Ids Sew & Dr 1927-34-J&J Sacram’to Co 4Ids '26-'46 J&D 6 4.25 San Diego 5s WW ’27-’54 A&O 5s Water 1934-53......... F&A 5s Water 1926-63_____ J&J ft 4.40 4|ds Wh & Har '27-52-J&J 5s Municipal 1926-1960-J&J 5s School 1931 1966-.......... 4lds Water 1926-1929..J&J 4Ids Water 1930-1964____ 3 Ids g July 1 1926-44.-J&J San Francisco (City & County) 5s Water 1930-1969--—J&J 4Ids Water '57. '58, '59.J&J ft 4 35 San Joaquin Co 5s ’26-’49. J&J 6 4.40 San Mateo Co 5s 1926-42-J&J 6 4.40 Santa Barbara 5s '27-41-JanlO ft 4.45 41* s gold Aug 1943----- F&A ft 4.40 ADA—See page 49 4.40 4.40 4.40 4.35 4.35 to 4.35 % W 4.50 1 4.50 to 4.50 % 4.40 4.45 4.45 4.45 4.45 4.45 4.30 4.65 to 4-45 % 4.75 4.50 to 4.50 % 4.60 to 4.50 % 4.50 to 4.65 % 4.50 to 4.60 % 4.50 4.80 4.70 COLORADO 4.50 Colo Spgs 4s '29 opt *14.-M&S 981* 99 4s Ref Water Mar 1 1941 —- 952* 962* to 5.60 % 41*8 1930-1939-........... .J&J 6 42* to 41* % 5.30 Denver 5s Aug 15 '28—F&A15 100 101 5.30 Denver (City and County)— to 4.35 % 4.10 ‘''s Water Nov 1948-M&N 5.4 s Water 1944______ J&J 4.10 5.30 4.15 No 1 4|*e 1934-53-J&J 5.30 8 D No 1 1930 1947---J&D 4.15 5.20 PuebloCo4)dsref’31 op’21.J&J 99 100 Pueblo County S D No 20— 4.25 41*8 1932........................ M&S 4.30 to 4.25 % CONNECTICUT to 4.25 % ♦3 Ids April 1934................ A&O 3.95 4.20 ♦4s July 1936...................... J&J 3.96 to 4.20 ♦5s July 1 1936. ... .............. J&J 3.95 to 4.50 Bridgeport—*5s 1926-49-J&D 6 4.10 to 4.25 % to 4.50 % 4 Ids Bridge 1926-65___ J&J ft 4.10 to 4.25 % 4.45 4 Ids High Sch 1927-63-J&J 6 4.10 to 4.25 4.3, *4Ids Sewer 1927-46..-A&O 6 4.10 to 4.25 4.3 41*8 School 1927-49______ Ift 4.10 to 4.25 105 3Ids Improvt 1926-41—J&J,ft 4.10 to 4.25 4*35 ♦5s Construc'n 1926-48 J&D ft 4.10 to 4.25 4.35 Bristol 4 Ids Water 1939.-J&J 6 4 15 to 4.30 4.35 ♦5s July 1 1926-55____ J&J ft 415 to 4.25 % 4.35 Cheshire 4 Ids 1927-45. . .J&J 4.10 4.35 Danbury 4s Water 1946.-J&J 4.20 4 Ids 1926-28.................. J&D ft 4% to 4.10 I 4)d" 1929-65........... ...J&D ft 4.10 to 4.20 3 Ids Funding Oct 1941.A&O 420 to 4.55 East Hartford Fire District— *51ds 1927-1951_____ M&N ft 4 30 to 4.40 4s Water June 1933__ J&D 4.40 Glastonbury 4 Ids 1927-58. J&J 4.10 Greenwich 4Ids 1931-33.-J&J 4.10 4 Ids 1934-1942 tax exm’t_ 4.10 to 4.30 Groton School District— to 4.35 4lds 1927-1960 ......... ..........4.20 Hartford 3 Ids Bdge '55—J&J 6 4.05 ,to 4.15 *4s Water June ’30-’39 J&D ft 4.15 'to 4% *4s Water 1940-45___ J&D,6 415 to 4% ♦4s Water 1926-1938 Ift 4.15 to 4% I I May, 1926.] Bonds. 49 STATE AND MUNICIPAL BONDS Bid. To Ask. Net. Bonds Bid. To Ask. Net. Bonds. Bid. To Ask. Net. Berlin 616s 1950.............. A&O BelgGovt 716s yly to '45 J&D 10916 10936 88 8816 --8% Extl s f bds 1941—F&A 10616 10716 --- Berne (City) Switzerland— 1 S f 8s 1945____ _____ M&N 10636 10716 Ext 1616 s 1949_______ M&S 9216 9216 ... __ Bogota (City) extl 8s '45.A&O 9916 100 External s f 6s 1955___ J&J 8416 85 — Extl s f 7s 1955........... J&D 9516 9536 --- Bordeaux (City) 6s '34.-M&N 8616 87 __ Bolivia(Rep)Ext 8s *47.M&N 9936 100 Brazil 8% ext 1941____ J&D 10316 10536 __ P/8816 9016 7s Cent Ry elec 1952..J&D 9316 94 to 4.15 116s 1955—......... J&J 100 10016 __ Carlsbad (City) s f 8s '54.J&J 10136 103 --to 4.15 8 f 716s (coff.sec.’22) 1952— fl 05 106 to 4.15 5s of 1895................................ f 6216 6316 __ Christiania (Norway)— __ 30-yrsf6s 1954_____ M&S 10116 to 4.15 6s of 1913................................ 6116 6216 to 4.15 64 30-year s f 6s 1955 M&N 10036 10116 ... 416s of 1883............................ / 63 __ Cologne (City) Germany— 62 to 4.15 416s of 1888............................ f 61 __ Extsf616sMarl5'50M&S15 8716 8716 to 4.15 4s of 1900................................ / 52 53 __ Copenhagen 4s of 1901-M&N I 86 4 90 4s of 1910................................ / 55 56 __ 4.05 4s of 1898 54 516s Munic Ext '44.-J&J 9916 9916 --/ 53 Danish Cons Municipal Loan 4.10 Bremen (State) 7s 1935—M&S 9516 9516 8% s f ext '46 ser A—F&A 11036 11036 British—Cons 216s op '23 Q-J I 5416 __ Series B_________ F&A 11016 111 416s War Loan '26-’45 J&D I 94 to 4 25 % to 4.25 % 516s f Feb 1 1937......... F&A 10436 10416 __ Dresden (Ger) extl 7s '45 M&N 9316 9336 --to 4 25 % n 516s g conv Aug 1929..A&A 1185^6 11836 __ Duisburg (Germany)— Extl g 7s 1926-'28___ M&Nl6 6% to 716 % 4.10 Buenos Aires (Prov) 7s '36J&J 9916 9916 7.50 Extl g 7s 1929-'3O___ M&N Extl s f 7s 1952______ A&O 9636 9616 __ to 4.20 % 7.65 to 4.20 % Extl g 7s 1931-’45___ M&N Extl 716s 1947___________ 9936 10016 Chili (Republic) 8s 1941.F&A 109 Frankfort (Germany)— to 4.20 % 10916 Extl 7s 1926-’45_____ A&O b 616 to 7.60 to 4.20 % Ext 8s Oct 1 1926......... A&O 102 10216 to 4.20 % German Consol Munic Loan Ext s f 7s 1942............ M&N 10116 10116 to 4.20 % 8 f 8s Nov 1 1946____ M&N 108 7s 1947________________ 109 9516 9516 420 Chili Mtge Bk 616s '57 J&D31 98 110 9816 ... Havana—1st 6s 1939___ Q-J 100 to 4.25 % 2d 6s_____ ___________ Q-T Chinese Government— 100 90 to 4.05 % Heidelberg (Germ)716s’50 J&J 9816 9836 Hukuang Rys 5s £._J&D15 / 4236 4336 to 4.05 % Hungarian Cons Munic Loan 5sof 1896 £red 1933..A&OI I 93 95 to 4.05 % s f g 716s 1945.......... ..J&J 8856 89 416s of '98 £ red '44--M&S I 76 — 78 Lyons (City) 6s 1934.-M&N 8616 8716 to 4.05| % 4s (of 1895) 1931........... J&J English stamped_______ w/83 Marseilles (City) 6s '34.M&N 8656 8716 to 4.05 % 88 __ Medellin (Munic) (Columbia) to 4.05;% French stamped-------88 wf83 External 8s 1948_____ A&O s 9956 S99J6 to 4.05 % Colombia Rep) 616s '27-A&O 10016 10036 ... Montev’o(Citv) sf 7s'52. J&D 9956 100 to 4.05:% Cordoba (Prov) Argentina— to 4.05;% Extl s f 7s 1942........... -J&J 97 Oslo 516s 1946______________ 9556 9556 9816 Cuban 5s 1944 opt 1911_ M&S 100 102 Porto Alegre (City), Brazil— Sinking fund 8s 1961__ J&D 101 .4.10, “Extl” g 416s '49 opt..F&A 9016 9136 10116 to 4.20 % I “Extl” g 5s 1949......... F&A ... S f 40-yr 716s-1966 ...J&J 96 9616 97 to 4.20 % “External" s f 516s Jan 15 Prague (Greater) City— to 4.20 % 716s loan of 1926-52..M&N 9616! 97 1953_____________ J&J15 10116 to 4.20 % Czechoslovak Republic— Rio de Janeiro 8s 1946.-A&O 10056 101 Ext s f 8s '22 due '51--A&O 101 4H Ext s f 8s 1947______ A&O 10056 101 10116 41-8 Ext s f 8s '22 due '52.. A&O 10216 7s 1960 (per 1000 milreis)-. $80 $115 Extl 716s 1945 Ser A..A&O 98 5s s f loan of 1909-34. £J&D 90 92 41-8 9816 41-8 Denmark ext 6s 1942___ J&J 5s of 1904________________ 70 72 10316 103 56 Ext’l 516s 1955______ F&A Rotterdam (C) ext 6s '64-M&N 10416 105 4H 99 9916 Dominican Rep 5s '58.-F&A 10216 Saarbrucken (City), Germany to 4 25 Oust Adm s f 516s '42.M&S 9816 Ext 7s Mar 31 1935. - A&O 96 Dutch E Indies 6s 1947.-J&J 10416 10456 San Juan (City of) Porto Rico to 4.30 Extsf 6s 1962_______ M&S 10416 5s ref & imp 1927-36__ J&J to 4.30| % Extl 516s Mar 1953.-M&S 10256 103 Sao Paulo (City), Brazil— 41-8 Extl 5168 Nov 1953.-M&N 10216 103 6% external s f 1943..M&N 416 Finland (Repub) 6s '45.-M&S 8616 8616 __ External s f 8s 1952..M&N 104 to 4.20 % 616s Mun loan '54 cl A A&O 9016 91 Soissons (City), France— to 4.20 % Class B__________ A&O to 4.20 % Ext g 6s Nov 14 '36. - M&N 8516 8556 9016 91 to 4.20 % Ext'l s f 7s 1950_____ M&S 97 9716 __ Tokyo (City of) 5s of 1912— to 4.20 % Red ann s f beg '17-52.M&S 71 France (Republic of) 4s 1917. - 15 72 16 —5% National Loan not red Trondhjem (City), Norway— 4X before Jan 1931__ Q-F 16 »$19 S f ext 6)6s temp 1944 J&J 9956 100 to 4 30 % $20 5s premium 1920_________ »$2416 $2516 __ CANADA (New York Prices} to 4 30 % 6% National loan of 1920. . »$2116 $2216 __ Dominion of Canada— to 4.30 % 7s ext of 1924-1949.—J&D 9116 9136 416s Feb 1 1936-......... F&A 9816 9856 716s External 1941__ J&D 5s refdg Oct 15 '43.A&O 15 10116 102 416 98 56 9816 __ 4.10% 8% ext g loan '45--M&S 15 10216 10236 __ 5s refdg Oct 15 '28.A&O 15 10016 10056 4.10% German extl 7s 1949--A&O15 10316 10336 ... 5s 1931--------------------- A&O 10116 102 ' German Cent Agri Bank— 4.10% 5s Mar 1937.................. M&S 10316 10416 7s 1950__________ M&S15 9716 98 5s Oct 1931.................... A&O 10116 10216 4.10% 5s May 1952________ M&N 10416 105 Graz(Mun)Austria 8s’54 M&N 97 4.10% 9816 __ Greek Govt s f 7s 1964- .M&N 85 4.10% 516% gold notes 1929. F&A 10216 103 8536 __ Haiti (Rep) 6% Ex’52 A.A&O 9616 9716 516s Viet Loan Dec '27 J&D 10116 10116 4.10% Hungary (Kingd) 716s’44 F&A 96 516s Viet Ln Nov '33.M&N 10516 10536 4.10% 9616 ... Industrial Bank of Japan— 516s Viet Ln Nov '34.M&N 10316 10356 4.10% 6% notes 1927____ F&A15 10016 10036 ... 516s Viet Ln Dec '37—J&D 10816 10856 4.10% Industrial Mtge Bk of Finland 516s renew Nov 1927.M&N 10016 10116 4 .10% 516s renew Nov 1932.M&N 10256 103 1st M coll 7s July 1 1944 . . 4.10% 9616 97 5 Italy (Kingd) .extl 7s '51-J&D 9416 9436 __ Alberta (Prov of) 6s '30.M&N 4.10% 4.90 5% Int Consol________J&J it$3736 $38 5s Apr 15 1950____ A&O15 5% Treasury notes 1925__ f 3916 4016 ... British Columbia (Prov of)— 4 40 4.10 Japanese Government— 6s July 15 1926----- J&J 15 4 95 4s £ '54 opt '10-.J30 & D31 I 65 67 5s Jan 15 1948......... J&J 15 4 65 3s Dec 1 1927 opt 1902. .-J&D 4s £ Jan '31 optaft’21._ J&J c 8656 87 416s Feb 2 1928......... F&A 2 5.35 414s '60 opt any date 105. J&J 10414 10516 S f 616s 1954_______ F&A 9516 9516 ... Calgary 5s 1933.__ ,____ J&J 5.35 414s 1961 opt *22 at 105—J&J 10414 105 16 Oriental Devel Co, Ltd— 5s June 15 1935___ J&D 15 5.35 4.50 Dover Spec S D 5s '27-*46 A&O Ext 6s 1953______ M&S 89 5s July 1 1945............. ..J&J 8916 5.15 Kent Oo 414s 1945-1950.M&S 4.35 Mtg Bk of Denm’k 6s '70 M&S 10016 10036 __ Galt 416s Apr 18 1931-A&O 8 5.15 NewCastleCo 414 s *26-’34J&D 6 4% to 4 25 4 14s El Pow June 5 '31 J&D5 Newfound 616s '36—J&D30 108 109 4 95 514s 1926-1928................ J&J 6 4% to 4.25 % 516s 1939___________ 10216 10316 __ Halifax N S 4s July 1945____ !5.00 514s 1936-1944................ J&J 4.45 5s Jan 1951________ -.J&J 5Xs 1924 & 1943____ 10256 10316 ... 4.90 Sussex County— Hamilton—4s Apr 1 '32.A&O Netherl’ds 6s '72 (/Zat)..M&S /10716 4.95 5s '31-’70 opt '32 at 105 J& T 6 4.40 to 4.45 % 6s 1972 series B__.________ 10716 10756 4s Elec L & P 1941. — A&O 5.05 4.30 Wilm’gton—416s *28-*37.A&O Ext 6s 1954....................A&O 104 Lachine P Q 5s 1954___ J&P 10416 4.95 414sBldg—Oon’53-‘62 M&S 4.30 Norway ext 6s 1943.-F&A 15 101 Maisonneuve Q 516s'30.'" 5s 1947-/49................... A&O 4.40 5 516s May 1 1936____ M&N Extlsf6sl944 ......... ..F&A 101 10116 FLORIDA. Manitoba (Province of)— 6s Ext Oct 15 1952.A&O15 10136 10156 4.95 Dade Oo 5s Oct 1947-*54 A&O 40-yr s f 516s 1965— -J&D 9636 97 6s gold Feb 2 1930—-F&A2 4.90 Duval Co 514s’32 op’12 M&N 100 Panama Rep) ext5l6s’53.J&D 10316 10316 5s 1944_____________ J&D2 4.50 58 Armory 1944_______J&J 4.75 Peru (Repub) 8s 1944__ A&O 10316 10316 416% gold notes 1927.M&N 4.85 Everglades Drainage Dist— Extl s f 716s I940..M&N 98 416s May 1 1945___ M&N 9816 4.85 6s 1933 to 1941................ J&J 5.25 Poland (Rep of) 6s 1940-A&O 6616 6616 4s gold 1930...............M&N 5.20 5.25 614s 1931-1948................ J&J 4s drainage July 1 '29.-J&J Extl s f 8s 1950—......... J&J 88 8856 4.90 5s Refund 1935, ’36, *37, Montreal 5s Dec 1 1945.J&D Queensland (State) 7s '41 A&O 11056 11216 490 *38. ’53, *54, *55____ J&J 5.25 5s s f Nov 1 1956----M&N Ext g 6s Feb 15 1947 F&A 15 10456 10516 4.85 Hamilton Co 5s Feb 7*48 F&A 98 Rio Grande Do Sul (Statel 416s May 1954—......... ........ 4.85 Hernando Co 5s 1944-__ J&J 98 Brazil ext s f 8s 1946.-A&O 10216 10256 416s Jan 1944.................. J&J 4.50 Jacksonville 5s Jan 1 *36. J&J 4.45 Russian 616s June 18 '19.J&J 4s May 1927................. M&N > 1516 4.85 4.45 414s Feb 1937.............. .F&A 4s May 1 1933 £......... M&N 516% Ext Ln Dec '21 - -J&D t 14 4.85 Jackspnv S D No 1 5s Apr *45 4.75 Saar Basin Cons C e tl 7s 1935 4s May 1 1944.......... ..M&N 4.85 Key West 5s 1942............... J&J 5.25 [Salvador (Repub) 8s 948.J&J 10616 10656 316s refdg May 1939.M&N 4.80 Miami 5s 1926-1944......... J&J 5.25 San Paulo (Brazil) State of— New Brunswick 316s '33-J&J 4.80 414s Munic Imp’27-’55M&S 5.25 8% external loan 1936. J&J 10316 10416 4s July 3 1930..................J&J 4.80 6s School 1940.............. J&D 4s 1932 opt 1902........... .J&J 5 Ext’l 8s 1950................. J& J 10316 10356 5.75 Orange County 5s 1944—J&J 100 Extl water 7s 1956 M&S 9616 97 North Vancouver 5s '60..J&J Pensacola 414s ref 1941—A&O Nova Scotia (Prov)— 4.80 7s '46 (per 1,000 milreis). $130 $155 4.25 416s Aug 1 1926........... F&A 6% School 1927-1951—J&J 5 Santa Fe (Prov) 7s 1942.M&S 9316 9316 4.85 Polk Co 5s Road '26-*40--J&J 5 5s 1934............. F&A Seine (Dept of) 7s 1942__ J&J 8816 89 5 St Augustine 5s 1955____ J&J 6s Nov 15 1930____M&N15 4J6 Serbs Croats & Slov (King of) 4 65 Ontario (Prov) 6s '27-M&N15 St Petersburg 514s 1949.-J&J 5 Ext 8s 1962....... .......... -M&N 92 9116 4.90 514s June 1954............J&D Swedish 6s 1939_____ J&D15 10416 10456 6s Sept 15 1943—--M&S15 5 4.25 Tampa 5s June '55 op *25 J&J 4.55! 516s.external 1954__ M&N 10256 5s Dec 1 1926................ J&D 4.75 416s 1944...................... M&S 5s Mun Imp '62 op*32 J&D 4.55 Switzerland—516s 1929..F&A 10156 102 4.75 5s W W Purch '26-’72.F&A 4s 1941.......................... M&N 4.55* 516s External 1946__ A&O 104 10456 FOREIGN GOVTS. 4.75 S F gold 8s 1940........... J&J 11456 115 316s 1936........................ J&J Ottawa City 5s ’26-’45__ J&J 6 4.25 to 4.90 % Antioquia Col (Dept of)— U S of Mexico 6s A 1933___ /......... Extl s f 7s Ser B 1945.-J&J 6s Munic Imp ’26-’5O—J&J ft 4.30 to 4.95 % 5s g Ext L’n 1945 £..Q-Jan / 40 66 i 9136 4.85 Argentine Repub—7s '27 F&A 10116 10116 Assenting____________ 416s '34, '35. '44_____ J&J / 4156 42 316s Sew Sep 26 '28—M&S b 4.25 to 4.70 % Internal 5s of '09-'45.-M&S 8736 88 4s gold 1954_________ J&D./ 4.25 Quebec (Prov) 5s 1926__ J&D 4s £ loan of 1897........... A&O 1/372 K #7316 Assent 4s June 24 coup on'/ 2616 2636 4.70 416s s f 1950________ M&S2 Ext 6s of '23 1957 A..M&S 99 4s Ext 1910 July 24 coup on/ 2816 2816 9916 4 85 Quebec City 316s g '30..J&J 1st g 6s 1958 Ser B___ J&D 9814 Treasury notes 6s ext 1933— 4 85 Sink fund gold 6s 1959. J&D 9816 316s July 1 1933........... -J&J July 1924 coup on.-J&J / 4516 46 Regina 5s 1929__________J&J Extl s f 6s Oct 1959...A&O 98 K «8 X 5-lo Uruguay 8s ext 1946 F&A 10816 10916 St Boniface, Man, 5s '31.J&J2 5.60 Extl sf 6s 1960______ M&N 98 Extl s f 6s 1960_____ M&N 98 X 9616 9636 Saskatchewan (Province)— Australia (Commonwealth)— FOREIGN CITIES, &c. 4.90 5s 1943 (non-call)..J&D15 Ext 5s July 15 1955.J&J15 9814 Baden (Cons’d Munic)— Austria (Prov of Upper Aus)— 416s July 2 1945_____ J&J2 416 93 9316 Extl sf 7s 1951______ J&J South Vancouver. B C— Extl 8 f 7s 1945_____ J&D 9216 9216 Bergen, Norway. 8s '45-M&N 11356 114 to 5.65 5s 1927-1946.T&D30 h 5.35 Austrian Govt s f 7d '43.J&D 100 X 10036 25-yr s f 6s 1949 A&O 99 9916 b Basis, c Basis $5 to the £. /Flat price. I In London, r Canadian price, n Nominal, p Per £20. m Dollars per rubles, flat a Sale price( Per 1,000 guilders, u Dollars per 1.000 lire flat, » Dollars per 1,000 francs, w Dollars per 500 francs. y Per £200. • Tax-free In Conn. z Per £300 bond* Hartford (Concluded}— *4s Water 1929-1930........... 6 4% •4s Water 1931-1935........... 6 4% 4s High Sch T27-'55——J&J 6 4.05 416s Munlc Bldg *33..M&N 6 4.10 •4148 Perm Imp '2 (>-’27 J&D 6 4% Hartford School Districts— •416s Arsenal '26-’47.M&S 6 4.05 •414s Northeast 1959.J&D 6 4.05 •416s 2d North 1944—-J&J 6 4.05 314s South Sept 1955-M&S 6 4.05 414s Southwest 1944--M&N 6 4.05 ♦414s Wash't'n *27-'47.J&J 6 4.05 4s West Middle 1937..F&A 6 4.05 Manchester 414s ’27-’28.M&N 414 s 1929-1933.............M&N 416 s 1934-1944______ M&N Meriden (T) 4s *27-*35.-M&N t 9616 Middletown 4s 1927 ....M&N 6 4-15 4s Fund 1928-29_____M&N 6 4.15 4s Fund 1930-35____ M&N 6 415 Middletown (T)*4s 1930.F&A New Britain (C) 314s *32.J&J 6 4.05 4s Munlc Bldg 1948___ J&J 6 4.05 414s School 1926-'4O—F&A 6 4.05 414s School 1940-’52—F&A 6 4.05 414s Water Aug 1941..F&A 6 4.05 414s Sch Aug '26-’43-.F&A 6 4.05 436s Sch Aug 1929___ F&A •5s Park 1926-1943...F&A New Hav (C) 314s *26- 35A&O 4s Sewerage 1927-'29..A&O •4s Apr 2 1940 tax-expt.A&O 414s Paving Mar 1936.M&S 416s 1943-1952___________ •414s Paving Aug ’37__ F&A ♦414s Meh 15 '27-'35.M&S15 ♦5s '36-37-‘39-’40-'41—A&O ♦5s 1926-1951................. J&J New Haven (Town)— ♦314s Air L RR '26-'29..J&J New London 4s 1933___ A&O 6 _4.10 414s Imp 1931-1935—-M&S 6 4.10 414s Park July 1942...J&J 6 4.10 414s Water 1950........... F&A 6 4.10 Norwalk (O) 3J4s 1929—J&J 4s Ref Sewer ‘27-’28__ J&J 4s Sch Meh 1954-1964____ 414s Sch Mcb 1929-1953—*4148 Improv t ’26-’39—J&J Norwalk (T) 414s 1942..J&D 94 Norwich—G & E 1931.-A&O 6 4-10 414s Water Mar ’39—M&S 6 4.15 414s Refunding 1938—A&O 6 4.15 PutnamJT) 414s 27-’46.A&O........... 4J4s Water 1927 & ‘30.F&AI........... Stamford (O) 4s 1942—-M&N 6 4.10 Stamford (T) 414s ’27-'45 J&J 6 4.10 •414s School 1927-29.M&N 6' 4.10 ‘ •414s School 1930-39.M&N 6 4.10 •414s School 1940-65.M&N 6 4.10 Stonington 414s 28& 33-A&O •Stratford 6s 1926- 31— M&S 6 4.15 Torrington *514s *30-'35-J&J 6 4.15 •514s Fund 1936-’41 —_J&J 6 4.15 •Wallingford (Town) 414s 1933. *38. *43. *48, *53— Waterbury 314s Sch*27-32 J&J 6 4.20 4s Park July *26-'58—J&J 6 4.20 4s Water 1926-1939.-J&J15 6 4.20 4s Water 1940-1965—J&J15 6 4.20 414s City Hall *26-*63—J&J 6 4.20 ♦414s Water ’49-*93—J&J.6 4.20 414s 1934-1964__________ 6 4.20 414s Water 1930-44 . J&J15I6 4.20 414sBdge,St,&c,'30-39J&J15:6 4.20 414 Bdge,St,&c,’4O-64J&J15 6 4.20 414s 1946-1953____ J&J 15 6 4.20 416s Water 1935-*64.—J&JI6 4.20 •436s 1926-1934____ J&J15 6 4.20 West Hartf’d 416s 1943.-J&D 101 West Haven Union 8 D— \ to4-15 to4-15 to 4-20 to 4,25 to 4 25 .50 [Vol. 122. STATE AND MUNICIPAL BONDS Bonds. Bid. j Ask To Net. Toronto 5s 1926-1936-__ J&J!& 4 25 to 4.90 % 6s 1926-1929--............. J&Jjft 4.30 to 4.85 % 6s 1930-1940.................. J&J,b 4.90 to 4.95 % 4.95 6s 1940-1950.................. J&J1-.......... 4MsJanl 1949-------- „_J&J 4M 4 Ms Jan 1 1955______ J&J 4% 4.95 4s £ July 1 1948______ J&J 4.85 3 Ms July 1 1944-45----- J&J Vancouver. B O, 5Ms '39 A&O 5 5 5Ms 1952____________ F&A 4s St Imp Sept 9 '27-M&S9 4.75 4s St Imp Sept 9 '32-M&S9 495 Winnipeg, Man, 5s '44--A&O 4.95 6s Dec 1930.................. -J&D 4.95 4.90 4 M s non-call 1944___ M&N 4.90 4MsJunel5 1950__ J&D15 4.90 4s Aug 1 1946 ------- F&A15 GEORGIA tMs ref 1935-1945---------- J&J 4s July 1 1926--.......... J&J 3Ms Jan 1927-1935_____ J&J Albany—5s 1945_______ J&D Athens—4 Ms June 30 1943-. Atlanta—4 Ms Jan 1 1940-J&J 4Ms Sewer 1927 1940--J&J b 3 Ms July 1 '31 & '33--J&J Augusta—4 Ms Flood ’42M&N 4s refunding 1934------- J&J 3 Ms April 1930_____ A&O Bibb Co 4 Ms 1948-49--M&N Clarke Co 5s 1926-41----- J&J Columbus—5s 1926-44—J&J b 4 Ms Refunding 1939--J&J Dougherty Co— 5s School 1927-1948--M&S Macon—4 His Oct 1926--- Q-J 4Ms W W 1926-1936--J&J 4s Pav & Sew '26 to '39-J&J Pulaski Co 5s 1932-48----- J&J Rome 4 Ms 1926. - -------J&J 4s Munic bldg 1927-39-A&O b savannah—4 Ms ref 1943-J&J 4 Ms Drainage 1944 — F&A 4Ms Refunding 1959--F&A 4i(aiding Co—5s 1926-30-J&D I wains boro 6s 1926-50--A&O Valdosta 5s 1927-42-------- Jan 6 Ware Co 5s Sch 1926-31--J&J 5s Road 1932-1949----- J&J Watkins S D 6s 1931-50-M&N Woodbury 6s 1927-49—J&D Bonds. Bid. To Ask. Net. South Bend School District— o4s Apr 17 1926-1927—F&A Terre Haute—4s 1927 A&O o4s Sewer 1930______ F&A oTerre H Sch C 4s ’26-’31 M&S 0VigoCo4MDecl6’26-’27J&D INDIAN TERRITORY (See oma) IOWA 4 Ms 1927-1929_________ J&D 4 10 4Ms 1932-1933---............ J&D 4 10 4 Ms 1934-1940_________ J&D 4 10 Boone 4Ms 1927-31____M&N 4.25 Burlington 4Ms '26-’33-M&N 4.20 Council Bluffs— 4 Ms Wat Wks '27-’30-M&N 4.10 Crawford Co 5s ’26-’29-M&N 4.30 I Cushing 5s School 1939.M&N 4.35 4 Davenport 4s 1926-29—M&N 4.15 Des Moines— 4 4 5s Municip 1926-1957--J&J b 4.25 to 4.30 4.30 4Ms 1927-1931_______M&N 4 20 4.25 4Ms W W 1932-42___ J&D 4.15 4.10 4s City Hall 1926_____ J&J 4.15 4% to 4.10 % 6s Gen Oblig 1931-40--J&J 4.50 4.05 Des M Ind S D 4 Ms '32--J&J 4-20 4.20 4 Ms Sept 1 1945____ M&S 4.20 4.15 4 Ms 1944................................ 4.20 4s Sept 1 1945________ M&S 4.15 4.15 4.20 Dubuque Co 4Ms '26-'31.J&J 4 20 4.30 4.25 4.20 to 4.25 % 6 4.25 to 4.30 % 4.30 b 4 25 to 4.30 % Marshalltown Ind S D— 4.35 5s City Hall 1926-39--» 6 4 20 to 4.25 % 4 Marshalltown— 4% to 4M % 4 Ms Water 1929-42__ 6 4.20 to 4.25 % 4% to 4.10 % 4Ms Water 1943&’44 — b 4 .25 to 4 30 % 4.50 Ottumwa 4 Ms June 19364.20 4.20 Polk Co 4Ms 26- 32—A4 4.20 4.20 to 4.30 % 5s Funding 1926-35___ 6 4.25 to ¥.30 % 4.15 Sioux City— 4.15 4.50 4.15 4.50 4.30 b 4.15 to 4.25 % 4.80, b 4.15 to 4.25 % __ 4.25 to 4.35 % Sioux City S D 5s 19414.25 4 30 Waterloo— 4.35 4.20 4.90 b 4.20 to 4.25 % 4.90: KANSAS. b 4.05 to 4.10 % 4.25 4.10 4.25 Atchison Co— 4.25 4s Refund ’2( 4.20 4.50 Emporia— 4.50 4.20 4.25 4.50 _____ 4.20 4.50 4.20 Galena— 4.50 5s W W 1926-1943—to 4.30 % 4% Hutchinson—5s 1931__ 4.25 4.25 4Ms Pub Bldg ’61 op ’! 4.75 Kansas City— 5s Feb 1 1942________ F&A 4.40 4 Ms Wat & Light 1944-J&J 4.35 4% to 4 10 4Ms Sch Bldg 1929___J&J 4.35 4.05 to4.10 4Ms Wat Plant Pur '39 J&J 435 4% to 4.10 4Ms Refg Feb 1 '29__ F&A 4.35 4% to 4.10 % 4Ms Imp July 18 '49—J&J 4.35 4% to 4.10 % Board or Education— 4.10 4.30 4Ms 1927-1953........ F&A 4.10 4.30 4 Ms 1926-1953____ J&J Sch Dist 4 Ms 1929-54--J&J 4.35 Sedgwick County— 4% to 4.15 % 4 5 5s Fund 1926 op 1915—J&J 4.05 4.50 4Ms Brge Oct ’27op’17-J&J 4,05 Topeka— 4.10 5s Top Wat Sept ’26__ J&J 4 4% to 4.10 % 4Ms 1926-1933______ F&A 6 4.10 to 4.20 % 4.20 4.10 4Ms Elec Light 1929__ J&J 4.10 Wichita 5s 1929 op 1919—J&J 5 4 Wyandotte County— 4 4Ms Bridge '32 to '41--F&A 4.25 Bonds. To Bid. Fifth District Levee— 5s 1950 opt 1940........... J&J 99 5s 1952 opt 1942_____ J&J 99 5s Oct 15 1962 op ’52—A&O 99 5s Oct 15 1963............ A&O15 99 5s 1957-1967............ .A&O15 99 5s 1959-1969.............. F&A15 99 Lafourche Basin Levee— 5s Jan 1954 opt 1944__ J&J 102 Lake Borgne Dist Levee— 5s Dec 1952 opt 1942--J&D New Orleans 5s Oct'27 '32A tO 99 5s Pub Belt RR ’39-’49-J&J 101 5s Pub Belt 1950-59---J&D 101 4Ms Paving 1927-1936-J&J 97 4Ms 1956 1966_______ J&J 4s Floating debt 1948-A&O 88 4s Constitutional 1942-J&J 96 M • 4s Public Impt 1950 opt 1942 (old issue)____ J&J 94 M 4s Pub Impt '42 opt '28. J&J 94 Orleans District— 5s July 1930-1939____ J&J 100M 5s July 1940-1949......... J&J 101 5s July 1950-1959____ J&J 102' Plaquemine Parish E Bank— 5s Oct 1952 opt 1942--A&O 87 M Pontchartrain District— D 6s 1944---.............. M&N 110 5s July 1968__________ J&J 100 Red River A & B B District— 5s 1950 Series B_____ A&O 100 5s Mar 1953 opt 1943-M&S 100 5s 1965 Series D_____ F&A 100 Shreveport 5s 1929-1931 F&A 5s 1932-1936_________ F&A 5s 1937-1961........ F&A 4Ms W W & Sew’26-’54-J&J 6 4.10 Tensas Basin Levee District— 5s Jan 1957--................. J&J 100 Ask. Net. ........... 'ido" 4.35 97 — — —- 4.45 4.50 4.50 to 4.45 % MAINE 5Ms Bonus Fund '26-’30-J&D b 4% to 4.15 % 5s Hway & Bdge ’27-’54-A&O b 3.95 to 4% I 100} 4s Sept 1 1926-1953___ M&S 99 M ------4s Highway 1927-1936---M&S 99M 100} 4s April 1928-31 tax-ex__A&O 99 M 100M —4s State Pier 1933-1942-.M&S 99M 100M --Auburn— 4.26 4s 1935 & 1940 tax-ex_ J&J 99 100 Augusta 4s 1926-45____ Bangor— 4.30 IDAHO 4s Ref Wat '35 (taxable) .J&J 5 Ms Impt 1941----------- A&O 4s Fund 1926-30 tax-ex-J&J 99 Bath 4s Ref 1941 tax-ex.J&D 98 6s Highway 1941_______J&J 4Ms Cap Bldg 1930-39---J&J Biddeford 4s 1927-35---M&N 98 M Brewer High Sch Dist— 4Ms May 1 1932 opt 1921-J&J 4.10 4 Ms 1926-1945_____ M&N 4Ms Highway '35 opt '25-.J&J 4Ms Highw '37 op '27-—J&J Gardiner Water District— 4Ms Ref 1927-1928..........A&O 4s 1934 (taxable)______ J&J 97 Kennebec Water District— 4Ms Ref 1929-1945------- A&O 98M 4s Refunding May 1 1953_ 99 M 4s Jan 1 1934 op 1924------J&J Kittery Water District— Blaine Co 5s Feb '27-'31-J&J 4.30 Boise City S D 6s July 1 5s Jan 1927 to 1938___ J&J Lewiston 4s g Oct 1927--A&O 99 1940.................................. J&J Portland—• 100 ILLINOIS 4s Aug 1 1929 tax-ex.-F&A 99 100 4 Ms Serv Comp 1926-43-F&A b 4s O H ’27-'45 tax-ex.A&O 99 100 4s High Sch 1936 tax-exem_ 99 4 Ms Aug 1 1930-38------F&A b Portland Bridge Dist (taxable) 4s May 1 192T-1935___ M&N b 4s Highway 1929-1940--May b 3Ms July 1926 to 1939-M&S b 4% to 4.15 % 48 Highway 1927-1928--May b Portland Water District— 4s Highway 1941-1943--May 4s Funding 1928_____ J&D 99 M 100 4s Highway 1945-1954.-M&S Saco 4s April 1939_____ A&O 98 South Portland Sewer Dist— Champaign County— 99} 5s Road 1927-1943--M&N 6 4s 1931-1950________ M&N Chicago 4s 1927_________ J&J Washington Co 4s 1928--J&J 98 Waterville—4s g July 1 1927-- 98 M 4s 1928 to 1935_______ J&J 4.35 4s Jan 1930 & 1931----- J&J 3Ms Sept 1935_______ M&S MARYLAND 4s Jan 1937-1939____ J&J 4% to 4.15 % 4s Jan 1927-1941......... J&J b 4Ms Aug 15 1926-33--F&A15 4% to 4.15 % 4Ms Rd & Bdge '28-’4O J&D15 No W Pk 4Ms 1926-27-J&J 4% to 4.15 % No W Pk 4 Ms 1926-28.J&J 4s 1926 to 1928--................ --W Chic Pk 4s 1926-27.J&J 4s 1928 opt 1923.............. -J&J, 4% to 4.15 % W Chic Pk 5s 1926-27..J&J 4s Jan 1 1929...................... J&J,* 4% to 4.15 % 4% to 4.15 Chicago Sanitary District— 3Ms 1926-1928................. F&A 4 KENTUCKY. 4s Roads 1927-1930____ F&A b 4% to4.15 4 Ms July 1 1926 ------- J&J 4s Sept 1926-1931-.--M&S b 4% to 4.05 % Ashland— 4Ms Roads J'nel5 ’26to’28J&D b 4% to 4.15 % 4.50 Annapolis 4Ms W W '42-A&O b 4.15 to 4.25 % 4s 1926-1945................. J&J b 4% to 4.10 % 5s Sew Impt ’32 & '37--M&S Cook County— 4.50 Baltimore—5s 1927-1946 M&S b 4.15 to 4.25 % 4 Ms S I ’42, ’47, ’52-—M&S 4 Ms 1927-1940........... A&O b 4% to 4.10 % Bell County— 5s 1927-1961....... .......... A&O b 4.15 to 4.25 % 4.15 5s Gen. Imp. 1943-45--M&S 4 Ms For Pres '26-'43_J&J15 b 4% to 4.10 % 6s Ct H Dec 15 ’38--J&D15 4.15 4s Ser K 1926-1931-—J&D b 4% to 4-05 % 5s Water 1961_______ A&O Covington— 4.50 4Ms Mar 1 1927-55—M&S 103 4s Ser M 1926-1933- — J&D b 4% to 4 05 % 104M 6s WW Jan 15 '27-’36 J&J15 4s Forest Pres '27-'34_A&O b 4% to 4.05 % 4.50 4Ms Mar 1 1955......... M&S 105 106 M 6s WW Jan 15 ’27-’31 J&J15 4.50 4s Water 1926_______ M&N 98 Bast St Louis— 98 M 6s WW Janl5 ’32-’61 J&J15 4.50 4Ms ref Sept 1 '28----- Sept 4Ms Funding 1926-48-F&A 4s Aug 1 1951.............. -F&A 98 4.25 98 M 4s Annex 1954________ J&D 98 Elgin Sanitary Dist— 4.50 98 M 4Ms W W 1926-1951—J&J 4.50 5s 1927-1944............ ..M&N b 4.20 to 4.30 % 4s Water 1927_______ J&J 4s Parks 1955________ M&N 98 98 M 98 4.50 4s Mar 1 1961................ M&S Moline 4Ms 1926-1932.--J&J b 4.05 to 4.15 % 4s Fundg 1952 op '42--F&A 98 M 8pringfield Sanitary District— 4.60 4s Aug 1 1961________ F&A 98 Frankfort 4 Ms ’27 opt '17-J&J 98 M 4.05 Harlan County— 4s School 1933-1939---M&N 4Ms 1926-1944_______ J&D 6 4.15 to 4 25 4 50 5s Rd & Bridge ’49-’52 M&N 3Ms July 1 1930_______J&J 98 M 100 INDIANA (see footnote o) Lexington 4s 1945_____ F&A 4.25 3 Ms Impt 1940_______ J&J 98 M 100 Cass County— Lexington S D 5s 1938__ J&D 3 Ms Mar 1945_______ M&S 98 M 100 4M o4s Bridge 1926-33-M&N15 ob 4% to 4.10 Louisville— 3 Ms Refunding 1952__ J&J 98 M 100 87 East Chicago— 5s School 1962________ A&O 111 3 Ms Sewage Impt '80-A&O 86 o 6s W W 1926-’29-._M&N b 4.60 to 4.70 4Ms Hospital 1951___ M&S 107 M 3 Ms Jan 1 1927_______ J&J 92 Elkhart— 4Ms School Impt 1954-A&O 105 Cumber'd 4Ms W W '41-A&O b 4.15 to 4.30 % 4Ms W W 1930-’75-„A&0 4s Municlmp Deci '28 Q-M 97 Hagerstown— 4.30 oEvansville—4s Ref 1932.J&J 4 4s Park 1930_________ J&J 97 5s Water 1938-1987__ A&O 6 4.20 to 4.40 o4s Ref 1942-................. J&J 4 4s Refdg July 1 1937—-J&J 97 4 Ms 1936-1986----------- A&O b 4.20 to 4.40 oFloyd Co 4s 1927-30---J&J ob__ 4 4s Sewer 1947---____ F&A 99 Washington Sub San Dist— oFort Wayne Sch D 5s 1933 — 4 4s Loulsv W Co 1946--J&J 97 4Ms Sewer g 1973____ J&J b 4.20 to 4.30 b 4.30 to 4.40 oFranklin Co 4s ’26-’30—J&D 4s Loulsv W Co 1950—F&A 97 4 5s 1969______________ oGary Sch City 4 Ms Oct 19434.10 MASSACHUSETTS 4s Sewer 1965________ F&A 101M o Hendricks County— 4s 1926-52 (tax-exempt).-Var 100M 3Ms gold refg 1940--M&N 90 4s C II Jan 15 '27-’32.J&J15 ob___ 3 Ms Refunding 1943—J&J 90 3Msgold July 1 1935___ J&J 95 M Indianapolis— 3s Sewer & Park 1941—J&J 76 3 Ms 1956 ref (tax-exem)-J&J 93 o5 Ms Track Elev ’31-’47 J&J 3Ms 1937 reg (tax-exem).J&J 96 M 4.05 McCracken County— 92 % 4s Park Imp Jan 1 '27--J&J 4 5s Ref 1933 opt 1913—M&S 5 3Ms Water 1942_______J&J o4s Fire Dept J’ne 1 '41 J&J 4 5 92 M 5s Ref 1933 opt 1923--M&S 3Ms gold July 1944____ M&S o4M® Sch J’ne 15 '40J&D15 4.40 3s April 1 1929..................A&O 96 M Owensboro—4s 31 op 'll J&J 4 4.40 3s gold May 1929_____ M&N 96 M o4Ms 1926-1955______ J&J 4 4s Street 1930 op 1915--J&J o3Ms Hospital 1936 J&.J 4 3s Met Sewerage 1936__ M&S 90 M (.3 Ms City Hall 1939--J&J LOUISIANA. 4 3s gold July 1 1939_____ J&J 88 M olndianap S D 4s 1926 J&J 4 5s Port Comm’n ’27-’54-A&O 6 4.25 to 4.50 3s gold Water Jan 1 1941-J&J 87 M o4s Bldg Sept 1 1946—-J&J o____ ........... 4 Arlington 4s'26-’42(tax ex)J&J b 3.50 to 3.85 % 5s Port Comm’n '26-’59—J&J b 4.25 to 4.50 o3MsJuly 1 1941_____ I&J o____ 4 5s Port Comm’n ’26-'55—J&D b 4.25 to 4 .50 Attleborough— o5s Oct 20 1926-39-A&O20 4 4Ms Ref 1926-1964____ F&A b 4.10 to 4.25 3 Ms March 1935......... M&S 94 M oKokomo 4s 1927-1931 —M&S 4.05 4Ms Port Comm’n ’27-’57M&S b 4.25 to 4 50 Beverley 4s' 26-'36(tax ex) A&O 6 3.50 to 3,80 oLa Porte Co 5s ’26-’28—J&D 4.05 Alexandria 5s 1926-52__ F&A 6 4.40 to 4.75 4s 1927-1945 (tax ex)-M&N b 3.50 to 3.85 oLoganspt — Atchafalaya Levee Dist— Boston— o4Ms Sch H ’26-’37-J&D15 O&4.05 to4.10 % 4 Ms Tun 1960 tax-ex.A&O 106 M 5s Sept 1932-1972.-M&S15 100M Marion Co—4s Ref '27.-J&D 4 5s Dist ref & imp *49.-M&S 100M 4s July 1936---------------J&J 98 M oRichmond—4s 1927M&S 4s Apr ’27-’37 (tax-ex).A&O 100 Bossier District Levee— 4 oSouth Bend— 4s 1926-1939 (tax-ex)..J&J 100 M 5s 1954............................ A&O 100 M o4Ms W W Nov ’43--M&N 4s Tunnel & Sub 1948-J&D 97 M 4 Caddo District Levee— o4Ms W W Dec '43__ J&D 4s Sub 1957 tax-ex.__ A&O 102 4 5s 1951 opt 1941-......... J&J 100 o5Ms 1931...................... M&S 4s Sub 1958 tax-ex.__ J&J 102 4.05 Caddo Parish S D No 1— o5Ms 1941................ ...M&S 4s Tub & Sub’59 tax-ex-J&J 102 4- 50 4.05 5s School 1929-1943—J&J 6 Basis, f Flat price, n Nominal, e Tax-exempt; under a law approved March 9 1903 and which went Into effect April 23 1903. bonds Issued after that date by State or municipal corporations are tax-exempt, and these sell on a better basis, s Sale price. « May, 1926.f Bonds 51 STATE AND MUNICIPAL BONDS Bid. Boston (.Concluded)— 3Ms June 1 1932........ J&D 9634 3Ms June 1 1934........ J&D 95 314s July 1 1935-........J&J 9434 3)48 June 1 1943____ J&D 91 M 3)4sJune 1 1944____ J&D 9154 3 Ma July 1 1945_____ J&J 9134 Brockton 4a May 1927--M&N 99 34 3 Ms Water 1932......... M&N Cambridge— 3 Ms May 1 ’45 (reg).M&N 91)4 3s Bridge 1941_______ F&A 8654 Chelsea—4s Park 1936--A&O 98 M 4s Sept 1 1958_______M&S Essex Co 4s '27-'31 tax ex M&N Everett—4s Sewer 1929--M&S 99 M Fall River— 434 s '27-’29 (tex-ex)_.A&O 4 34s '27-’34 (.tax-ex).-M&N b 3.75 4s 1927-'55 (tax-ex) M&N b 3 .75 4s 1927 (tax ex)_____ J&D 100 3 34s Water 1930 tax ex F&A 98 Fitchburg 334s Water’26 J&J 99 Gardner 4s wat ’27-'34--M&N 9934 Gloucester— 3 Ms Water '26 to ’31_ A&O 98 M Haverhill—4s 1927_____ J&D 9954 Holyoke—4s gold 1927__ J&J 99 M 4 Ms '27-'50 (tax-ex)_ F&A 4Ms '26-’41 (tax-ex)__ J&J 3 34s Dec 1926-1932—-J&D 97)4 Lynn—4s July 1927___ J&J 99 34 3 Ms April 1 1932____ A&O 96)4 Malden 4s ’26-’44(tax-ex) F&A 6 3-50 Marlboro 4s July 1926 __ J&J 9954 Medford 4s Feb 1930___ F&A 99)4 5s Apr 1 1927-28 tax-exempt 101 Milton 3 J4s 1926 to 1932-F&A New Bedford— 4s Sewer 1927-41 (taxexempt)__________ M&N 6 3.50 4s 1927-’35 (tax-ex)—M&S 6 3.50 N e wbur ypor t— 3) 4s Water '26 to '34--J&D 97 M Newton 4s 1935_______ F&A 98)4 3Ms Water Dec 1926—J&D 9934 North Andover— 5s 1926-’34 (tax-ex)__ J&J 6 3.50 Pittsfield— 4 Ms 1926-30 (tax-exempt) - - 10054 Quincy 3 34s '27 to ’39__ A&O Tax exempt______________ 9734 Salem 4s Jan 1 ’32-’54 tax-ex_ 101 Springfield 3 34s 1935___ J&J 94 M 3s Sewer 1930________ J&D 95 M 4s 1935-’44 (tax-ex)__ F&A Taunton—4s 1927_____ J&D 99)4 3Ms Sewer Dec 1 '30—J&D 97)4 Wakefield 4s 1926-33.-.A&O 9934 Watertown—4s 1926-34--J&J 9934 314s 1927 to 1029 ___ J&J 98 M Winchester 4s 1938-1943 A&O To Ask. Net. Bonds. Bid. To Ask. Net. MICHIGAN (Concluded)— Saginaw 4Ms sew ’26-’33.J&J 6 4.10 to 4.15 4Ms Sewer 1926-1949-F&A 6 4.10 to 4.15 Sault Ste Marie 4s 1932—J&J Wayne County— 4 Ms bldg&bdge ’26-’39M&N 6 4.10 to 4.15 Wyandotte 4Ms 1934__ J&D MINNESOTA 3.80 3.90 to 3.85 to 3.90 100)4 3 85 3 85 3.85 to 3.85 to 3.90 to 3.90 to 3.80 4Ms July 15 1943........... J&J15 4 Ms Dec 1 1939_______ J&D 100 Beltrami County— 5Ms Ditch 1926-34---J&D 6s Road 1930_____________ Brainerd 5s Nov 1926-1929__ Duluth— 4)$sg July 1 1926____ J&J 4s g Water & Light '28- A&O 4s Water & Light 1936-A&O Duluth Ind School Dist— 5Ms 1936, 1938, 1940-A&O 4Ms Feb 1 ’40 op ’30—F&A 4s 1934 opt 1924......... -A&O Hennepin County— 6s Bridge 1927-40___ M&N 6 4.20 5Ms Bridge 1927-40—M&N 6 4.20 4Ms Sanitorium ’28-’42-J&J 6 4.20 4Ms Hospital ’27-’41_M&N6 4.15 Koochiching Co 5s ’27-’33 J&J 6 6% 5Ms Ditch 1927-1935--J&J 6 6% Minneapolis— 5s 1926-1928......... ........ J&D 6 4% 5s 1929-1932....... .......... J&D 6 4.10 5s 1935, ’36, ’40, ’43, '45, '46, ’47, ’48, '49, ’50-J&D 6 4.15 5sStImpMay2’36-’4lM&N2 6 4.15 4Ms 1926-1935___________ 6 4.10 4Ms Mar 1927-1937--M&S 6 4 10 4Ms School 1941__________ 6 4.10 4s School Jan 1927____ J&J 6 4.00 4s May 1 1927______ M&N 6 4.00 4s School Jan 1 1935—-J&J|6 4-05 4s Improvement 1942-J&D|6 4.05 4s 1944_____ ________ A&O 6 4.05 3 Ms School Jan 1 '29—J&J|6 4.05 3 Ms Water Wks 1932--J&J 6 4.05 Ramsey County— 4Ms Rd&Bdge '38-’44 M&N 6 4.15 4 Ms Rd&Bdge ’33-’37 M&N 6 4.15 4 Ms Rd&Bdge ’26-’43 J&D ft 4.15 St Louis Co 5s 1926-29--.J&J........... 5s Road 1931..................J&J-------St Paul— 6s School July 1 1951—J&J 6 4.20 5s Refg July 2 ’26-’31—J&J 6 4.10 4Ms W W 1926-42--.A&O 6 4.10 5s School July 1 1951—J&J b 4.10 4 Ms July 1935_______ J&J 6 4.05 4Ms Park June 1 ’43—J&D 6 4.05 4Ms Sewer July 1 ’43—J&J 6 4.05 4Ms Water Aug 1 ’43-F&A ft 4.05 4Ms Refg July 2 ’26-’31-J&J b 4.05 4 Ms Nov 1 1931_________ 6 4.05 4 Ms July 1 1955.......... J&J 6 4.05 4s Ref Mar 1 1939___ M&S 6 4% 4s Sewerage July 1 1939 J&J 6 4% 4s March 1 1940......... .M&S 6 4 4s July 1 1927-55_____ J&J 6 4 South St Paul 5 Ms ref '33-J&J 101 to to to to to to 4.35 4 35 4 35 4-25 6M 6M to 4.25 to 4.30 to 4.30 to 130 to 4.25 to 4.25 to 4.25 to 4.25 to 4.25 to 4 20 to 4.20 to 4.20 to 4.25 to 4.25 Bonds. Bid. To Ask. Net. St Louis (Concluded)— 100 4s Public Bldg 1929—-A&O 99 4s W W Renew '31__ M&N 99 100 4s School 1937________ J&J b 4% to 4.15 4s School 1938________ J&J b 4% to 4.15 % 3.65s Ren June ’26-’27.J&D b 4% to 4.20 4.20 Springfield 5s '32 op ’17-J&D % % 4.25 MONTANA 5Ms Educational 1941 —-J&J 4.10 4Ms Educational 1944__ J&J Billings 5s 1934 op 1929--J&J Butte 5s 1927-1936......... .J&J 5.50 6s 1941..................... ...J&J 5.25 Daniels Co 6s 1933-1942____ 4.75 Great Falls— 5Ms Sewer '35 to ’39—J&J 4.10 Helena 5s 1931 opt 1916.J&J 4.10 Kalispell 5s 1933_______ J&J 4.10 Lincoln Co 5s '32 op ’27..J&J 5s Fund Mar '31 op '21-J&J 4.20 Phillips Co— 4.15 5s Ref Dec ’35 op '33.-J&J 4.15 NEBRASKA b 4.25 to 4.40 % b 4.20 to 4.35 % 4.75 6 4.90 to 5% 4.80 b "5% to 5.25 % 4.86 5 5 5 5.10 4.16 Douglas Co—4s '26-’28.A&O 4.25 5s Highway 1942____ A&O % • % 4.25 5s Highway 1943......... A&O Kearney 4Ms 1927-1945-M&S b 4 30 to 4.50 % % 4.20 Lincoln—4Ms '27 to '29.F&A % 4.20 5s Hospital July ’35-'44___ Lincoln S D— % 4Ms 1929-1953......... .M&N ft 4.20 to 4.25 % % Omaha 5 Ms 1941_____ M&N ft 4.35 t9 4.25 % 4.25 % 5s 1930, '35, '40, '45, '50—. 4.15 % 4Ms Refunding 1933..J&J 4.15 % 4Ms W W Dec 15 '41..J&J 4.15 % Omaha S D 4Ms 1928.. .J&J 4.20 % 4MS July 1931________ J&J 4.20 % 4Ms May 1 1955____ M&N 5s 1948_____ J&D 4.25 I 4.35 5Ms May 2 1951____ M&N % So Omaha S D— 4 25 5s Dec 1929__________ J&D % % NEVADA % 4.60 WashoeCoS D5s'27to’29.M&S to 4.35 % to 4.35 NEW HAMPSHIRE to 4.35 % Concord— 4.25 3 Ms 1926 to 1929......... J&J 98 M 4.30 4.10 4Ms 1912___________ J&D Dover 3 Ms 1928-1931— J&D 97 to 4.40 % Manchester — 3.80 to 4.25 4s 1926-1940 (tax-ex)F&A 98 M to 4.25 4s 1926-1942 (tax-ex) . _J&J 98 M to 4.25 4s Sewer 1926-1943 (taxto 4.20 exempt)----------------M&N 98 M to 4.20 I 99 4s 1926-1945________ J&D 98 to 4.20 Pembroke 4s '27-'34 F&A 98 M 3.80 to 4.20 I Portsmouth— to 4.20 4s Ref Water 1932___ J&J 98 M MEXICO to 4.20 Stratford 5s May 1933-1954.. 10SM See Foreign Govts page 49. to 4.20 to 4.15 « NEW JERSEY MICHIGAN (See footnote o 4.05 to 4.15 % 4Ms Road & bdge 1933..J&J 4.25 6Ms July 15 1941_____ J&J15 4.05 to 4.15 % 4Ms Road & bdge 1938—J&J 4.20 534s Oct 15 1941____ A&O15 4.05 to 4.20 % 4 Ms 1940--------------------- J&J 5)4s Highway 1941____ J&D 4.20 4.60 4Ms Highway 1954_____ J&J 4.05 os Highway 1940_______J&D 4.15 4.05 4 Ms 1955______________ J&J 4 Ms Highway 1943____ F&A 4.10 Asbury Park— MISSISSIPPI 4.05 4 Ms Highway tmpt 1937 A&O 4.30 4Ms School Jan 1943—J&J 4s Highway Impt 1942--A&O 4.05 5Ms Impt 1927-1930___ M&S 6 4.10 to 4.30 % 4.30 Atlantic City—6s 1927—A&O Ann Arbor School District— 4.30 4.35 4 Ms 1926-1937................ J&J 5Ms Impt 1931-1946___ M&S 4s Sept 1935_________ A&O 4.15 5Ms April 1929-1934___ A&O ft 4.25 to 4.35 % 4.30 4 Ms 1938-1958................ J&J Battle Creek— 4.30 ft 4.20 to 4.25 % 4Ms Paving 1938_____ J&J 4Ms 1930-1950......... ........... 4s City Hall 1927-36—F&A 6 4.05 to 4.15 % 4.30 4Ms Jan 1 1945_______J&J 4Ms 1926-1934_____ J&J 6 4% to 4.15 Bay City 4s 1934______ J&J 4-15 4 Ms July 1 1926-1935——J&J 6 4% to 4.15 4.30 4s Water 1930_________J&J 5Ms W W 1926-1951—M&S 6 4 25 to 4.40 % 4Ms July 1 1936_________ J&J 4.15 Atlantic Co— Bay City Union S D— 4.10 4.05 4Ms Bridge 1928- .30-.A&O 3Ms Refund Jan 1 1927--J&J o6s 1926, 1931, 1936—-J&J 4.15 4.10 4)4 to 4 -40 % 3 Ms State 1934 opt 1914--J&J 4Ms Bridge 1931-35—A&O Bessemer 5)4s 1926-49--F&A 4.65 to 5% % 4.20 Biloxi 5 Ms 1927-1948—-A&O 6 4.40 to 4.80 % 4Ms Bridge 1936-57 —A&O Detroit— 4.30 Atlantic Highlands— Greenville 5s 1927_____ M&S o6s Pub Serv 1927-29.-J&J 4.30 Harrison County— 4.40 4s g Sewer July 1 1928.J&J o6s Pub Serv 1930-51—J&J 6 4.25 to 4.40 % 4.90 Aubud S D 6s' 26-'4O__ A&O 4.75 5Ms Road 1940-50___ F&A 05348 Nov 1 1945___ M&N 4.30 Jackson 5Ms July 1 1933-J&J 4.55 Bayonne—5s Fund 1928-J&J 4M o5J4s Pub Util ’27-29-J&J 4.25 4.40 4M 5s Jan 1 1927-1949___ J&J 5s Water Aug 1 1928--F&A o5)4s Pub Util ’3O-’51.J&J 6 4)4 to 4.30 % 4.50 4M 4Ms Funding 1931___ J&D 5s Water 1930________ F&A o534s Pub Util ’26-'48.A&O 6 4)4 to 4.30 % 4.50 4M 4Ms Jan 1 1933........... _J&J 5s June 1 1932________ J&D 5s Pub Impt 1927-29 J&J 4.25 Jones Co 5s 1927-42_____M&N 6 4.50 to4.70 % 4M 4Ms 1926-1953.............. F&A 5s Pub Impt 1930-51 J&J 4.30 Meridian— 4s Floating Debt 1928-J&J 4M 4.50 Belleville 5s 1934 & '44-M&N o5s Jan 15 1936-42--J&J 15 4.30 4M 5s Dec 1 1939.......... —J&D o4Ms Pub Lib 1948-J&J15 4.20 4.45 4 Ms Funding 1945______ 4M 4Ms School House 1941 J&J o4 34s 1932, 1935-42. J&J15 4.20 Mississippi Levee District— Belleville S D 5s '27-'44.M&N 4M 4.15 4Ms 1942-1952......... —J&D 4.75 Bergen Co 5Ms ’31-’34—J&D 4.15 5s May 2 1944_______ M&N 4.15 o4s Aug 15 '26-’28-.F&A15 4.15 4.75 5 Ms Dec 1 1935-1942.-J&D 5s July 1 1953_________ J&J o4s School 1946_____ M&N 4.15 4.70 4.15 5s Dec 1944................... J&D 4Ms Sept 1934_______ M&S 334s Park 1930- —___ M&S 4.15 4.10 Vicksburg—• 5s Dec 15 1926-1955.J&D 15 4.15 oEscanaba 4 34s 1926-30.-J&J 6 4.15 to 4.25 % 4 Ms 1927-1939............. A&O 5s St Impt 1926-32__ F&A 6 4.25 to 4.60 % oFlint 4 Ms 1926-39____ F&A 6 4-15 to 4.25 % 4.15 4.50 4Ms Aug 1926-1938-.-F&A 4Ms Sewer Dec 1 1928-Dec 434s 1938-1953—......... J&D 4.15 4.25 Yazoo-Miss Delta Levee Dist4s Court Hse '27-’38—A&O 4 34s 1926-1954____M&S15 6 4-20 to 4.25 I 4.70 Bloomfield— 6s 1947 optional 1917.-J&J 4 Ms 1926-1937_______ J&D 6 4 20 to 4.25 4.10 4Ms Dec 15 1927-31 .—J&D 5s 1926-1954________ M&N ft 4.40 to 4.70 % o5s (Mar 15 & Apr 1) ’31-’5O 4.65 4.10 4.30 4Ms Dec 15 1932-64--.J&D 4Ms July 1949________ J&J Flint Union School Dist— 4.65 Camden— 4s 1952 optional 1922—J&J 4.10 5s 1927-1954............ ...M&S 6 4.20 to 4.30 % 5MsAugl 1926-1961..F&A 4.10 oGenesee Co 6s 1927-31.M&N 4- 25 4Ms School 1943____ A&O MISSOURI 4.10 Grand Rapids— 4 Ms Water '27 to '60-M&N 4.10 5s 1927-1934.................. A&O 6 4% to 4.15 % 4.10 4s Paving 1929_____ M&N 5s March 1930-1936-............... 4.10 4) 4s Flood Protec ’33.M&S 4.10 4 Ms 1933-1937________ A&O 6 4.10 4% Camden-Co 4 Ms 1933..F&A 4.10 4 Ms 1926-1928............ F&A 4 4 Ms 1935-1957................ J&J 4% 4 Ms 1938 & 1939______ A&O ft 4.10 4.10 4 Ms 1929-1930______ F&A 4.05 4s Road 1933-34 Ser D—M&S 98 M 100 4 Ms 1926-1964.............. F&A 4.10 4 Ms 1931-1953______ F&A .10 Kansas City— 4s 1944.......... J&J 4.60 4s Water Nov 15’29. .M&N 4.05 Cape May—5s 1934___ J&D 5s Water Works 1939--J&J 106.04 4.60 Highland Park 5s 1928.-J&J 4.25 4Ms School 1927-1951.M&S 4MsSept 1 1930_____ M&S 99.57 4.60 o4)4s Sept 15 1934--.M&S 4.20 4 Ms 1927-1952.............. M&S 4 Ms Mar 1 1933_____ M&S 100.23 4.15 4.10 East Orange 4 Ms ’26-’45-F&A Jackson 4 34s 1930-47-A&O16 4.15 4Ms Water Works 1942-J&J 4.15 4 Ms Gen Impt '30-'54-M&N 5s Sewer 1927-1960___ J&J 4.15 4 Ms 1928-34.................... J&J ft 4.05 4.15 Kalamazoo S D No 1 — 4s 1934............................ A&O 4Ms 1935-45-.............. ..J&J 64 15 4.1C % 4.15 4s Water 1933............... J&D 4.20 o5s School '26-'3O—M&S15 4s Sept 1 1930.............. M&S 97.33 Lansing— 4.15 3 Ms Water 1933_____ A&O Kansas City School Dist— o5s lmpJulyl5’26-32 J&J15 6 4.10 to 4.15 % 4.20 Elizabeth—4 Ms 1955___ J&J 445 5s July 1941__________ J&J o5s Sewer 1926______ J&D 100 5Ms Dec 1 1926-1946-J&D 6 4% to 4.20 % 4Ms July 1 1933..............J&J 100 4.05 6s June 1 1927________J&D o5s Jan 3 1927-1932.-J&J3 6 4.10 to 4.20 % 4 Ms July 1 1937.............. J&J 102.25 Englewood—4s Sept '35-M&S 4.25 o4Ms Jan 3 1930-36—J&J3 4.15 4Ms Jan 1943_________ J&J 102M 103.62 Essex Co 4 M s Road '35 - - F&A 6 4.15 to 4.25 % »-4Ms 1937-1946............. J&D 4.15 4Ms Sewer 1928-’34—M&S ft 4-20 4 05% Marquette 3J4s 1926___ J&J 4Ms L’d Purch '27-'46-J&J 6 4.15 to 4.25 % 4.25 4 Ms Sewer 1935-’45—-M&S 6 415 4.05% Muskegon— 4Ms Hospital '26-'49._F&A 6 4.15 to 4.25 % 4s July 1 1927.................. J&J 97.40 4 Ms W-W 1927-44----J&J 6 4.15 to 4.20 % 4Ms Road 1932-1936—F&A 6 4.15 to 4.25 % 4s Building 1932_______ J&J 97.00 4s May 1 1934______ M&N 4s Hospital 1946_____F&A 6 4.05 to 4 20 % 4.15 Little River Drainage Dist— Muskegon S D 5s 1942__ July 3.65s Park '27 to '35—F&A 6 4.05 to 4.20 % 4.20 5Ms Oct 1926-1944—-A&O 6 5.20 to 5.40 % Essex Fells (Boro) 5s July 28 Muskegon Co 4)4s 1932.-J&J 4.20 St Joseph 4s 1926_____ M&N 99 M 100 4.60 Pontiac—4Ms ’31-’47—M&S 1926-1960................... .. 4.20 St Joseph School District— 4.60 554s Sewer 1926-1942 F&A 6 4.30 to 4.40 % 99M 4 20 Fairview—5s 1944____ 4Ms. 1930 and 1935.............. 4.40 6s Wat Impt 1926-28-J&D Garfield 5M» 1929........... M&S 4.30 St Louis— Gloucester Co— 6s Wat Impt 1929-35--J&D 6 4 -30 to 4.40 % 4Ms Bridge-Compl ’35 A&O 6 4% to 4.10 6s Wat Impt 1936-50—J&D 4 Ms Bldg&Rd'26-’45 J&D20 6 4.20 to 4.30 % 4.50 4Ms Public Bldg & Imp 4.25 (ackensack—4 Ms 1942-F&A Port Huron 4s 1932_____ J&J 4.15 1928-1943--------------- J&J 6 4% to 4.10 % """ 4.25 100 4Ms Imp 1927-1942--—J&J 4s Insane Asylum '28-A&O 99 100 4s Public Impt 1928-__ J&J 99 ft Basis. J 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 •hat date by municipal corporations are tax-exempt and these, accordingly sell on a better basts. 52 [Vol. 122. STATE AND MUNICIPAL BONDS Bonds. Bid. To Ask. Net. Bonds. Bid. Ask. To Net 4.25 NEW YOBS. (See n ote bel ow) 4.25 4.25 5s Mar 1 1927-1971......... M&S b 4.05 3.95% 4.25 5s Jan 1 1927-1971............. J&J b 4.05 3.95% 4.25 436s Highway 1963____ M&S 110 11136 4.25 436s Canal 1964.................. J&J 110 11136 108 4.15 436s Canal 1965—........... -J&J 106 108 4.15 436s Highway 1965____ M&S 106 4.15 436s Barge Canal 1945__ J&J 103 105 4.15 436s Bonus 1927-1930—A&O b 3.95 4.15 436s Bonus 1931-1939.—A&O 6 3.95 3.85% 4.15 436s Bonus 1940-1949__ A&O b 3.95 3.85% 4.30 4s Canal Term 1942____ J&J 10036 102 4.15 4s Canal Term Jan 1946--J&J 10036 102 4.15 4s g High Imp Mar ’58--M&S 10136 103 4.15 4s g High Imp Sept ’58--M&S 10136 103 4.15 4s High Imp Mar 1960__ M&S 10136 103 4.15 4s Canal Imp July 1960--J&J 10136 103 4.15 4s Canal Imp Jan 1961__ J&J 10136 103 4.15 4s Canal Imp July 1961--J&J 10136 103 4.15 4s Highw Imp Mar ’61—M&S 10136 103 4.15 4s Palisade Park 1961__ M&S 10136 103 4.15 4S Canal Jan 1962_______ J&J 10136 103 4.15 4s Highw Imp Mar ’62.-M&S 10136 103 4J5 4s Canal Imp Jan 1967__ J&J 10136 103 4.15 4s Highw Imp Mar ’67—M&S 10136 103 4.75 4s Palisades Park 1967--M&S 10136 103 4.50 4s Bldg constr 1926____ M&S b 3.95 4.50 4s Bldg constr ’27-’3O__ M&S b 3.95 4.30 4s Bldg constr ’31-’39—M&S b 3.95 3.85% 4.50 4s Bldg constr ’40-’49__ M&S b 3.95 3.85% 4.50 3s g Jan 1 1956-.............. —J&J 4.50 3s g July 1 1958--............ J&J 4.50 3s g Canal Jan 1 1959-__ J&J 4.60 Albany—496s ’26-’28___ J&D 4.60 436s Water 1926-34—M&N 4.15 436s Oct 1963.............. -A&O 436s Water 1932......... M&N 4.15 4.15 436 s 1926-1954_______ J&D 4.15 4s Munic & Sch ’27-’63-J&J 4.15 4s Park 1927 to ’30—-M&N 4.15 336s Pub Imp ’27-’34—F&A 4.15 Albany Co— 4.15 436s 1936-1937-1938--M&N 4.15 Allegany Co 436s’32-’36-M&S 4.15 Amherst—436s 1927-29—M&S 4 436s 1930-1935.......... .M&S 4.15 436s 1936-1955______ M&S 4.20 Amsterdam 5s Wat 1926-37 — b 4% to 4.10 4.20 Auburn 436s Dec 6 ’26-’31J&D b 4% to 4.05 4.20 496s 1926-1934______ J&J b 4% to 4.05 4.20 Binghamton 4s ’28 & ’29.F&A 4.20 4s Sew Disp ’27-36---F&A 4.20 436s 1926-1956............. ........ 4.10 to 4.20 % 436s 1926-1971--............ var. 4.15 to 4.35 % 436s Park 1926-’37— —J&J .......... — 4.15 to 4.30 % 336s Bridge 1935____ F&A Brooklyn—a— 4.10 to 4 20 % 4s Bridge 1926________ J&J 4.10 to 4.20 % 4.10 to 4.20 % 336s g 1927 to 1937——J&J b 4% to 4.10 4% to 4.15 % 336s gold 1936--......... -J&J Broome Co 5s ’27-’33__ M&S b 4% to 4.05 4% to 4.15 % Buffalo— 410 to 4.35 % 436s June 15 1944—J&D15 4% to 4.15 % 436s June 15 1964—-J&D15 436s 1926-1968........... -J&D 4.20 436s Feb 15 ’62 op ’32.F&A 4.40 4s June 15 1926-*30—-J&D 4.40 4s June 15 1960_____ J&D 4.40 336 s Park Reg 1927 F&A 4.40 336s Water 1926-35---M&S 4.40 Cohoes 6s Ref Wat ’26-’45 J&J b 4.20 to 4.50 4.40 Corning 536s 1927-’6O—-M&S b 4.15 to 4.40 4.20 Cortland Co 436s ’26-’51-J&J b 4% to 4.05 4.20 Delaware Co 4.20s’27-’52 A&O b 4% to 4.10 4.20 Elmira—4s 1935_______ M&S 4.20 436s Water 1926-’45—A&O b 4% to 4.05 4.20 436s Apr 1 1933-1935_____ 4.20 Erie Co 436s ’26-’36 tax-ex J&J 4.20 4s 1945-1953......... ........ M&S 4.20 Franklin Co 436s ’31-40-M&S 4.20 Fulton—3.40s ’26 to ’29-J&D 6 4.05 to 4.10 4.20 Garden City— 4 436s 1926 to 1952......... J&J b 4 05 to 4.15 4 20 Geneva—4s Water *26—-A&O 4.20 Glens Falls—436 s ref sewer 4-20 Aug 31 1926-1928____ F&A b 4% to 4 05 4.20 Groton 6s Wat ’27-’50--M&N b 4.20 to 4.60 4.15 Haverstraw 4.12s ’26-’37 M&S b 4.05 to 4.15 4.40 Hempstead Un F S D No 1— 536 s 1926-1929................ J&J b 4-10 to 4.20 4% to 4.15 % 4.50 6s 1927-1930.................. M&S 5 4.10 to 4.20 4.50 6s 1931-1954 .................. M&S 4.40 Herkimer—436s ’26-’27-M&N b 4.05 to 4.10 4.40 Hudson— 4.20 436s High Sch ’26-’32-A&O b 4.05 to 4.20 4.20 Irondequoit 5s ’29-’53__ J&J Irvington 4.10s ’26-’36—A&O b 4.10 to 4.15 3.50 to 4.20 % 4.50 Ithaca 4.30s ’27 op var__ J&J 436s Ref Water 1942. —J&J Jamest’n 4s Mar 20 ’43--A&O 4% to 4.25 4.50 Jamestown S D 5s 1926-’29__ 6 405 to 4.10 4.50 5s 1930-1939........... —-J&D 4.50 Johnstown 436s Dec 1926-’37- b 4.05 to 4.15 436 dKings Co 4s May 1 ’27-’44__ b 4 05 to 4.10 4.25 Kingston 336s g ’27-’36—A&O b 4% to 4.05 4.25 Lockport 436s 1926-1944____ b 4 .05 to 4.10 4 436s Sch 1926-1944............... b 4 05 to 4.10 Madison Co 436s ‘27-’29 Feb 1 b 4 05 to 4.10 4.10 Mamaroneck (T)4 36s’30-64J&J 4.15 4.10 Mamaroneck Un F S D No 1— 4.10 536s May 1 ’27-’28—M&N 6 4-10 to 4.15 4%30 4.10 536s May 1 ’29-’52___ M&N 4.10 Middleport 4.35s ’26-’42.J&D b 4.15 to 4.35 4.15 4.35s Sewer ’26-’39-__ J&D b 4.15 to 4.35 4.15 Middletown 336s 1931—F&A 4.10 4 15 Monroe County— 4s 1931-1944.................. F&A 4 4.15 4-15 Mt Vernon 436s ’31-’43—A&O 4.10 4.15 536s 1927-1934..............A&O ........... ......... 4.20 4-25 4.15 536s 1935-1941.............. A&O 436s Water 1942______J&J 4.10 4.50 436s 1926-1943.................... b 4% to 4.10 % 436s School 1962-’73—M&N 4.10 4.50 4s Sewerage 1950-55--M&N 4.05 5s Jan 2 1927-1928—-J&J2 b 4.05 to 4.15 % 4.40 4.50 5b Jan 2 1938________ J&J2 4.20 Nassau Co—436s ’26-’29-J&J 4 NEW MEXICO 5s Aug 1 1928 .............. -F&A 4 4.50 434s Ref 1953 opt 1933- -J&J 5s 1931-1939.......... M&N 4.05 436s Dec 16 1952 opt ’22. J&D 4.50 436s Ref 1926-1928—M&S 4 4s Fund 1939 opt 1919— M&S 4.30 436s 1938-1943..............J&D 4 4s Highway 1926-1944— -J&J b 4% to 4.25 % 4 436s 1926-1946..............M&S Albuquerque 436s 1929- M&S 4.40 4 436s 1935-1946................J&J 5s W W Dec 1962___ J&D 4.55 336s Court House ’30-M&S 4 Bernalillo County— Newburgh 436s '27-’34--F&A 6 4.05 to 4.10 % 6s 1931 opt 1921................. .. 436s Wat Imp 1926-41-J&J b 4.05 to 4.15 % Socorro Co 5s ’41 op ’21--A&O 4s Wat Imp 1942-63 J&J 4.10 . b Basis, d Now part of New York City, f Flat price, n Nominal. Harrison—4s 1930_______J&J Hoboken—436s 1940......... J&J 336s 1931.......... M&N 6s School 1927-1954—-J&J 6s Sewer June 1 1926—J&D 6s Pav & Sewer 1926—F&A Hudson Co—-436s 1948—A&O 436s May 1 1950____ M&N 4s g Park 1959 & ’54.-M&N 4s gold refunding 1935-F&A 436s July 15 ’26-’34„ J&J15 436s July 15 ’35-74—J&J15 Irvington 5s School ’63--J&D Jersey City—6s 1928___ J&D 536s School 1942-1953-A&O 536s Dec 1 1931-1933--J&D 4J6s School 1926-58—J&D 436s Refunding 1928__ J&J 436s School 1945........... J&J 436s Water 1961_____ A&O 436s Park Mar 1961— M&S 436s 1926-...................... J&D 436s 1927-30—..............J&D 436s 1931-1963..............J&D 4s Water 1932________ A&O 4s Refunding 1949___ F&A Keansburg 536 s_____________ Kearny 436s 1936_______ F&A 436s April 1962........... -A&O 436s Water 1931-1962.M&N 43i's Sch Impt ’26-’52-J&D Lodi—5s 1927-1947_____ J&J Long Branch 5s 1943___ M&N 4s June 1 1935________ J&D Lyndhurst 5s 1926-1957--J&J 6s Impt 1926_________ J&D Mercer Co-—436s 1933__ J&J 3s Road 1933.................. J&D 336s April 1941_______A&O 6s Road&Bdge *26-’34-F&A Middlesex Co 436s '27-’34.J&J 6s Road 1926-1931___ J&D 436s Fund July 1926-1939— 436s Road 1927-44—-F&A2 43is Impt 1927-32___ A&O 336s Bridge ’27 to ’31--J&J Monmouth Co 6s 1926- .M&S 436s 1927-1954___ M&S 15 Montclair 436s Sch 1941-A&O 436s High Sch Bldg ’44-J&D 336s School 1932_____ J&J Morris Co—4s ’35 opt ’05-J&J 436s 1942 opt 1922___ J&J Morristown 436s ’26-’42—J&D Newark—436 s 1944____ F&A b 536s Oct 15 ’26 to ’59 A&O15 6 5s 1926-1958................... J&J b 436 s Dock 1959_____ F&A b 436 s Apr 15 ’27-’61_A&O15 b 436s Scnool Dec 1 ’45—J&D 6 4s Sch House 1959 opt 1949 b 4s Pas Val Sew’61 op’51 J&D b 336s 1929........................ J&D b 336s Track Elev 1954-F&A b VaUsburg 436s 1934---J&J New Brunswick— 436s Aug 1 1926-57—F&A North Bergen 5s 1941__ J&D 6s School 1926-29___ M&S 6s School 1930-58___ M&S North Plainfield 5s 1926-1954 Nutley 5s 1933__________ J&D Ocean City—52 1944___ F&A Orange—5s 1927 to 1932-J&J 6s Water 1938________ F&A 436s School 1943_____ J&D 4s School House 1934—J&D Passaic 436s 1927-40___ M&S 536 s Gen Imp ’27-’28—J&F 536s Gen Imp ’29-’44_ J&D 536s Gen Imp ’45-’51—J&D 5s Imp 1927-1948___ M&N 436s Refunding 1944—M&N Paterson 6s 1926______ M&N 536s 1927-1934........... M&N 536s 1935-1959........... M&N 436s 1933 to 1944——M&N 436 s Feb 1 1945......... -F&A 4s N C Hall 1926 to ’32-J&J Perth Amboy 436s Apr 1944— 434s Water 1927-29—M&S2 b 434s Water 1930-34—M&S2 454s Water 1935-64—M&S2 436s School 1938 436s Funding 1926-27-A&O Plainfield—4s 1926 to’34-J&D 4s School 1959............. M&N 436s 1926-1962 various__ b Ramsey 5s Water 1926-1940 Red Bank (Borough)— 436s 1926-1953.......... M&N b Ridgefield 5s July ’26-’31-J&J Ridgewood 5s 1926 _____ F&A Riverside 5s 1926-1933.-A&O Sea Isle City 5s 1943-__ F&A Sou Orange—4s ’26 to ’44-J&J Summit 436s Sch 1941__ F&A 4s 1933................—M&N Trenton 536s Oct 1926-1951—A&O 436s Water 1943_____ A&O 434s School 1930-60---M&S 4s City Hall 1939____ J&D 336s Sch Nov 1 1929.-M&N Union Co 436s 1937......... M&S 436s 1942........................ M&S 434s Road&Bdge’27-47 F&A 434s Park 1927-35—J&D15 434s Park 1936-’37—J&D15 4s Oct 1 1942..................A&O 534s June 1 1926......... J&D VaUsburg—See Newark. Weehawken 436s ’26-’28-J&D Westfield— 5s June 15 1926-’6O__ J&D West New York 5s 1936--M&S Wildwood 436s 1927-57-F&A Bonds. Bid. To Ask. Net New Rochelle— 5s 1927-1929.................. M&N 6 4% to 4.10 4.2D 5s 1930-1950.................. M&N to 4.10 436s Mun Imp ’27-’35.M&N 6 4s 1927-1930.................. M&N b 4% to 4 05 336s 1926 to 1933......... J&Dj b 4% to 4.05 % New York City— ‘ 436s June 1965_______J&D 10636 10636 436s June 1926-30—J&D1 b 4.20 436s 1963...................... -M&S 10536 436s (old) May 1957—M&N 10536 436s (new) Nov 1957-M&N 10536 436s Corp stock 1967.-J&J 10636 10636 436s Corp stock ’26-’32-J&J b 4.20 436s Corp stk 1971--J&D15 10tt36 107" 436s Sch & Var ’26-’39-J&D 6 4 25 4.16% 436s 1960 opt 1930——M&S 10036 436s 1960_____ .M&S 10136 '10236 436s Mar 1 1962........... M&S 10136 10236 436s Mar 1 1964........... M&S 10136 10236 436s April 1965.............. A&O 10136 10236 436s April 1 1966......... A&O 10136 10236 436s Apr 15 1972—A&O15 10136 10236 436s RaD Tr & Wat ’74 J&D 101 36 10236 436s Feb 15 1927-66 F&A15 b 4.20 4.15% 9836 4s Various 1936............ M&N 98 4s Nov 1955................ .M&N 97 36 4s Various 1956______M&N 9736 4s Various May 1957-M&N 9836 4s Nov 1958.................. M&N 9936 4s May 1959_________ M&N 9836 336s Bklyn M Sew ’27-J&J 6 4.20 336s Dock 1927 ex...M&N b 4.20 336s g exempt 1941.-M&N b 4.25 to 4.15 336s exempt 1942___ M&N b 4.25 to 4.15 336s R T 1948-1950—M&N b 4.25 to 4.15 336s g exempt 1952—M&N 89 8936 336s g exempt 1953.-M&N 89 8936 336s g exempt 1954--M&N 89 336s g Water ex ’54..M&N 89 336s exempt 1955___ M&N 8836 3 36s stock Apr 1 1954-A&O 89 8936 336s Nov 1 1929......... M&N 6 4.20 3s g R T 1950 exempt-M&N 4.20 Niag Falls—536s ’41-48 M&N 4.15 4.10% Sewer 1935-50--J&J 4.15 436s Wat Mayl’41-’48 M&N 4.15 436s Repav ’29-’33 reg M&N 4.20 4368 Sew ’39-’46 reg—M&N 410 336s 1942-1945______ M&N North Tarrytown (6) 436s Water 1926-45—A&O b 4% to 4 -10 % 4.15 436s Water 1946-64__ A&O 4.05 Oneida—4s Water ’40-’45-J&J 4.10 436s Water 1930-39___ J&J 4 Oneida Co 336 s ’27-’28--F&A 4 Onondaga Co 3s ’26-’29-.J&J 6___ 536s 1926-1930........... -M&N b 4% to 4.05 % 4 4s March 1 1929........... M&S Ossining 436s 1926-42-_-M&S b 4.15 to 4.30 % Oswego—436s 1927-29.-M&Ni Ufa to 4 10 % to 4.20 % 536s School 1927-46--M&N 4.25 Penn Yan 4.35s ’26 to ’31-Oct Poughkeeps ie— 336s 1926 to 1930___ M&S b 4 00 to 4 05 % 436s Water 1926-52__ J&D b 4% to 4.10 % Port of N Y Authority—N YN J Bdge 436 s ’32-’39-M&S 10036 101 436s 1940-1946 ______ MfeS 101 10136 4.10 Putnam Co 436s '26-’29.F&A 4 Queens County 4s 1927--J&D Rochester— 4 5s 1927 1931 (coupon)-F&A 4.05 5s 1932-1951 (coupon) .F&A 4 436s Jan 15 1933-......... J&J 4 436s Municipal 1945--M&S 4 436s Pub Imp ’26-’48--F&A 4 436s School 1927-45—J&J 4 436s 1927-1936................ J&J 4 4s 1927 .......... J&J 4 4s Imp Sch &c ’27-’47--J&J 4 336s Ref 1933 opt 1913-J&J Rockland Co—4s *26-’34-M&S b 4% to 4.05 436s ’26-’38 (reg)...F&A15 b 4% to 4 20 4.15 Rome—4J6s Sept 15 1931 - J&J 536s 1931-1941_______ A&O b 4.15 to 4.25 I Rye 5s Mar 10 ’27-’38—M&S 6 4.10 to 4.30 4.26 Saranac Lake 436s 1926- M&S 4.45s Fire House ’27-’39F&A b 4 25 to 4.35 4%10 Saratoga Co 5s 1926-1941___ Saratoga Springs— .'4.10 436s Paris 1927-40___ A&O Scarsdale 436s 1926-’45—J&D 6 4.10 to 4.20 Schenectady 5s 1926-’33--J&J b 4% to 4-05 436s 1927-1931............. A&O 436s 1926-1934______ J&J 4s Oct 15 1926-’44—A&O15 Schenec Co 436s ’42-’58--J&J Solvay 436s 1926-’4O___ F&A 6415 to 4.50 Somers (T) 436s ’26-’53-M&N 6 4-10 to 4.35 Steuben Co 436s ’28-’37--F&A Suffolk Co 436s 192fr-’32.-J&J 436s Oct 1926-1939---A&O Sullivan Co—436 s ’27-’29 A&O 436 s Highway 1930-45-A&O Syracuse 436s 1926-’35 Various 5s May 15 1926-1938........... b 4% to 4 05 536s 1926-1960-......... -M&S b 4% to 410 436s June 15 ’26-34-J&D15 436s 1926-1944_______M&N 4s June 15 1926-’44--J&D15 4s Refunding 1929-__ J&D 336s Water 1928_____ J&J Tioga Co 5s 1927-1930---M&S 6 4% to 4 10 Tonawanda 436s 1927-42-J&J b 4.10 to 4.30 436s Sewer 1926-1953--J&J 6 4.10 to 4.35 5s Water 1926-1950___ J&J b 4.10 to 4.45 536s Water 1926-1950—J&J b 4.10 to 4.60 536s Street impt 1931—J&J Troy 6s ’26-’40 reg___ A&O b 4.10 to 4.30 436s School 1926-31 —-F&A b 4% to 4.05 436s Feb 15 1926-1957 6 4% to 4.10 436s 1926-1965................ J&J b 3.95 to 4% 4s Sept 1 1926....................... 336s Water 1926-36___ J&J b 4% to 4 05 Utica—436s 1927-35___ M&N b 4% to 4 05 436s Pub Imp ’27-’42—A&O b 4% to 4 05 436s Pub Imp ’27-’45-J&Jl5 6 4% to 4-05 4.10s 1927-1931_____ AM b 3.75 to 3.96 4.10s 1932-1946_____ A&O 336s Nov 1 1926-’35_—Nov Warsaw Union Fr S D No 10— 436s 1926-1942............... Oct b 4.10 to 4.35 Watertown 436s 1942___ J&J 436s 1926-1953................ J&J b 4% to 4.10 5s 1926-1945.................. -J&J b 4% to 4.15 4s May 1938........ M&N 336s Sewer ’27-’27—M&N b 4% to4.05 I May, 1926.] Bonds 53 STATE AND MUNICIPAL BONDS Bid. To Ash. Net. Bonds Bid. 3et. Bonds Bid. n Ask. Net OKLAHOMA 4.30 Cincinnati (Concluded)— 4.15 454s Oct 15 1926-33—A&O15 6 4% to 4.25 ♦454 s Sew Sept 3 ’37.M&S3 4.50 3.80 4s Funding 1926-27___ F&A 6 4% to 4.25 % 3.65s g Feb 1937____ F&A 4 4.50 3.80 Canadian Co 4s ’27-’31_ F&A 415 314s Water '45 op '25--F&A 5 3.80 Guthrie 6s W W 1943__ A&O 3s Water 1939 op '19-F&A 4.10 460 4.20 Muskogee 5s Sew 1936--M&S 4.10 Cine S D *4J4s 1934—A&O13 3.80 Oklahoma City— 4.05 4s 1936 opt 1906_____ M&S 4.46 5s 1937 opt 1922-......... F&A 3.80 314s 1940 opt 1912---A&O 4.10 4.20 5s Water 1936________ M&S 4.40 4 Cleveland *514s 1940-70-J&D 4 4 >4s Sewer 1936_____ F&A 4.40 4.20 6s 1932-1933-......... -.-J&D 4 •514s Pub Hall 1970--J&D 444s Water Works 1941-J&J 4.40 4.20 4 •5s W W 1936-1968—-J&D 4.15 Okla City S D 4s 1933---J&J 440 4.05 4.15 4.50 *4 54 s Grad Cros ’30-’54 A&O 5s 1926, 1930, 1931___ Var 4.20 4.15 Okla Co 444s '26-’33___ J&D 6 4 25 to 4 40 % *4 54 s Paving 1929-34—J&D 4.60 4.10 4.15 Okmulgee 5s Mar 15 1943___ •454 s Sewer 1930-49__ J&D 4.50 *414s St Imp Feb 1 '34-F&A 4.10 Payne Co 444s’26 to’29-A&0 6 4% to 4.50 % 4.10 Tulsa 544s 1927-32........... F&A 4.60 *414s March 1949___ M&S 4 20 4.10 544s July 1946--.......... F&A 4.60 •414s Fire Dep ’27-’30-A&0 4.60 to 4.10 4.10 ♦414s Fire Dep ’31-'55.A&O 5 44s Wat & Park '30-’49 F&A to CIO I 414s Clark Av Bdg '42-A&O 5s 1933-1947_________ F&A 6 4.40 to 4 50 % 3.80 OREGON 4 3.80 4Ks Park 1938..............A&O 4 20 % to4.15 % 414s 1926-1935_______M&S 4.10 444s Highway ’27-Apr’44 ill to to 4.20 % 414 s 1936-1950_______M&S 4.10 444 s 1926-1944 (s-a) — 4-10 4.35 4s Park 1929-1931___ A&O 3.80 to 4.30 % 4 10 4s Grade Cross’g ’30--A&O 3.80 to 4.30 % b 4% to 4.20 4.15 4s Highway 1927-42Cleveland S D *414s 1926-28. 4.25 6 4% to 4 20 *414s 1929 to 1935_______ 4.20 4s Highway 1927-41. 4.25 4s July 1 1932_________ J&J 3.80 6 4% to 4.10 Albemarle 6s 1927-38___ F&A b 4.50 to 5-15 % *6s 1926-1928-..............J&D 4.25 Albany 5s ref '31 opt '21-A&O 4.55 Asheville 5s Ref 1941___ J&J *6s 1929 to 1935____ J&D 4.25 4.55 Cleveland Heights S D—___ 5s School 1943_______ J&J b 4.15 to 4.60 % Baker City 5s 1934____ M&S *6s 1926-1959________A&O b 4.25 to 4.40 % 514s Street 1927-36---F&A b 4.15 to 4.60 % Columbus *6s 1949-57—M&S 454 Clatsop County 5s 1934-A&O Columbia Co 5s ’29-’34.A&O b 4.15 to 4.35 % 5s St Impt 1927-1932-M&S 6 4.15 to 4.20 % 4-50 to 5% 5% 4.70 to 414s 1930-1965_____ M&N 3.80 Dalles City 5s 1926 ___ M&N 66 4.70 4s Sewer '33 opt '13--M&S Buncombe Co 5s ’26-’46- - J&D 6 4.20 to 4.55 % 4s Wat W '45 opt ’20_ M&S 3.80 Eugene 5s 1942_______ M&S . ................... — 4.60 4.45 4J4s Funding 1939__ M&S 3.80 Multnomah Co 454s '32-J&D 6 4 25 to 4.30 314s 1932 opt 1912___ J&J 4.70 Columbus S D— 4-25 to 4 -30 6s Bridge 1928-37___ A&O 454s Bridge 1931-1944-J&D6____ 4s Bridge 1945-1955—-J&D 6 4 25 to 4 30 4.25 Charlotte—5s St&Sew’29 J&J 4.25 *5s 1943-1952______J&D19 5s School 1927-46____ F&A b 4.10 to 4.35 5s Road 1927-1939---M&N 6 4.25 to 4.30 Cuyahoga Co *6s ’26-’39-A&0 b 4.15 to 4.25 % 5?4s Fund 1927-29.—F&A b 4-10 to 4.30 I Multnomah Co S D No 1— *5s Bridge 1926-27—.A&O b 4.15 to 4.25 % b 4.10 to 4.30 % 4.25 *5s Ref 1927-1932—..A&O 454s July 15 ’28-’39—J&J15 4.40 4s July 15 ’40-’45——J&J15 *5s Ref 1932-1939___ A&O 4.25 4.30 Portland— 4s Ref 1926_____ A&O 4 4.30 4)4s Water Oct 1 ’41—A&O 554s Aug 1928________ F&A 6 4 20 4s 1926-1941_________ A&O b 3.80 to 4% 4.30 •Dayton—5s 1927-32—-M&N b 4.15 to 4.25 % 5s Harb Dev 1926-50-M&N 6 4 39 4 J4s Wat & Sew 1942--J&J 4.45 4.15 Durham-4 J4s Sew&Lt’4: *6s Gen fund 1928---A&O 454s Dock 1943_____ M&N 6 4.25 414s Fund ’26 to 1940_____ 6 4% to 4.45 454s Oct 1926-47......... A&O 6 4.25 *514s W W Imp 1944-J&D 4.20 4s Water 1937______ M&N 6 4 25 4.20 5s Water 1927 to 1945-J&J b 4.25 to 4.55 % *5s W W Imp 1945-..F&A 4s Water 1936-1955.--M&N 6 4.25 5s Fd & Sewer ’26-’39-F&A b 4-15 to 4.50 454 s Bdge 1927-1951.-M&S b 4.20 to 4.20 % L50 Granville Co 414s ’39--M&N •414s W Wimp 1940--J&D 4.20 Pt of Astoria 5s Har '26-29J&J 4.50 5s Refg 1955_________J&J Greensboro—5s W W ’30 J&J •414s Bdge 1933-39.-A&O 4.20 4.50 Dayton S D 514s ’41-’61 M&S 5s Aug 1 1942 W____ F&A 4.25 Pt of Coos Bay Harbor 5s Port of Portland— 414s 1928-1963.............. -J&J b 4.30 to 4.75 % *5s Mar 16 ’27-’46—M&S16 b 4 15 to 4.30 % 4s Dry Dock 1934____ J&J____________ 4.50 414s 1927-'3O—........... -F&A 6 4.20 to 4.30 % East Cieve *5s 1927-29--A&O b 4.15 to 4.30 % 4.45 *5s St Impt 1930-35-.-A&O 4.30 Salem—5s Sewer '27-’33 M&N.........................4.70 4.40 East Liverpool—4s 1940-J&J 3.80 4.70 Elyria 4s 1926 to 1938—J&D b 3.80 to 4% PENNSYLVANIA 4.50 Iredell Co 5s Aug 1 '42. F&A 4.35 5s July 1 1951 Series C—J&J 115 11654 5s W W 1929-1946___ J&J 414s 1929-1939______ A&O 5 4.35 to 4.45 4%50 •Findlay CitvS D 5s’26-’27J&J 4.50 454s Dec 1 1951_______ J&D............ 10654 4.60 454s July 1929, 1934, 1939, 414s 1940-1950______ A&O Fostoria *5s W W ’27-'4O M&S 4.65 Franklin Co *5s ’27-’29-M&S to 3.97 ... Lee Co 5s Road 1952. --M&N 4.25 1944, 1949__________ J&J 4.65 Lincoln Co 5s 1943 & ’48-I&J 4s Highway 1930, 1932, 1935. *514 s Hos&Bge ’27-’35 F&A b 4.15 to 4.30 % 5s Bridge 1937-1951—-F&A ........... ........... 4.65 6s Rd May 2 ’27-31 M&N2 b 4.15 to 4.30 % '37, '40, '42, '45. '47, '50, '52 9954 10054__ Mecklenburg Co— Hamilton Co *4 54s 1943.F&A 4.25 4s Highway 1941, '43, '46, 4.65 6s Ref Nov 1950......... M&N 4.25 ’48, '51, '53.................... M&S 414s Oct 1 1939_____ A&O Pitt Co 5s 1927-36_____ M&N 6 4.25 to 4.50 4%50 4.15 Allegheny—4s 1927_____ J&J 414 s Sewer 1926-’28____ 4s Street Impt 1937--M&N 414s 1943 1947_______M&S 4.15 414 s Sewer 1929-’45____ 4.55 6s Fund June 1959___ J&J 354s 1926 to 1931___ A&O % 4s C H June’36 op '16. J&D 3.80 4.20 Ironton *4 54 s W W '36--J&D Raleigh 5s 1927—............ A&O 4.50 Allegheny Co 454s '43--M&N 4.55 Lakewood 4J4s 1926-__ A&O 5s Munic Bldg 1939___ J&J 4s Road 1939________A&O 4 4.55 5s Impt June 1 1944__ J&D 4s Bridge 1942........... -F&A 414s 1926-1939-........... A&O b 4 15 to 4.35 % 314s 1932 opt 1922-..M&N Rutherford Co 5s ’26-’52—J&J 6 4% to 4.55 % •414s Oct 1945_______ A&O 4.35 Salisbury 6s Impt ’26-’35 J&J 6 4.30 to 4.90 % Altoona—4s '34 opt '14--J&J *5s Park & Imp ’26-’41_A&O 6 4.15 to 4.40 % 6s 1927-1941............... _M&N 6 4.30 to 4.90 ?80 ♦Lawrence Co 5s 1934__ M&S 4s Ref 1936 opt 1916—-J&J 4.40 Lima— Surrey Co 6s May 1933-1958— 4s Highway '37 opt '32-J&J 4.50 Wake Co 5s Fund 1948---J&J Altoona S D 4s '27 to '35. A&O 5J4s Sewer 1926-1947— b 4% to 4.50 % Weldon 6s Jan 1927-1942 6 4.50 to 5.25 % *5s Sewer Feb. 15 ’27-’51___ 4.40 Bethlehem S D 554s '30, '35, Wilmington— *414s Oct ’26-Oct '30--A&O 6 4.15 to 4.40 % '40, '45, '50__________ J&D 4.50 5s Ref & Impt 1955—A&O Braddock 454 s '26-’44—M&N 4 314s Ref’30 opt '25-—A&O 414 s 1926-1962______ A&O 6 4.15 to 4.45 % Lorain 5s 1926 to 1932__ J&J 6 4.15 to 4.40 % 4s 1927 to 1935_____ M&N 4.45 *5s W W Ref ’26-’27—M&S 6 4.15 to 4.40 % 414sgWat & Sew ’48-. A&O Cambria Co 414 s ’26-’45____ 4.45 ♦6s Fd Sep 15 ’26-’28M&Sl5 6 4.15 to 4.40 % Chester—314s 1929_____ J&J 414s Wat & Sew 1952—J&J 4.30 Lucas Co 4s C-H 1944__ M&S 4s e Ref July 1 1929___ J&J 4s '37 op '17 tax-exempt J&J 3.80 Wilson—414s 1927-’57—F&A 6 4 25 to 4.70 % 4J4sW&SSepl0’26-30M&Sl0 6 4% to 3.80 4%25 454s 1935-1940________ J&J W luston-Salem— Chester S D 414 s ’32-’47-’42— 414s W&SSepl0’31-35M&Sl0 5s 1927-1932-.................. J&J 6 4.15 to 4.40 % 4.25 Easton—314s 1928_____ A&O ♦514s Wat Sup ’27-’30--M&S 4.45 Madisonville (in Cincinnati)— Erie—414s Sch 1927-39-A&O 5s 1933-1936__________ J&J 4.45 5s gen impt 1944______J&J 414s Ref 1935 opt '24--J&J 3.90 5s 1932 opt 1922______ J&J 4.50 Erie S D 4s 1926-’38____ F&A 5s Sept 1926-1947-.--M&S 6 4% to 4.45 % Marietta—*414s ’26-’33-J&D 4.40 414s July 1 1942.............J&J 314s 1931 opt 1911___ F&A 3.90 414 s 1926-1937_______ A&O 4.40 Martin’s Fy 5s '2(V’44 M&S 414s July 1 1952.............J&J 4.60 414s Jan 1 1936-1946_____ Fayette Co — 6 445 to 4.35 % Miami Conservancy Dist— 4.40 414s 1933-1973-............. J&J 4s Road 1936............... .A&O b 4.15 to 4.25 514s (1 to 5 yr mat’y)_.J&D 6 4.25 to 4.50 % 455 Harrisburg— 6s imp Aug 15 ’26-’30F&A15 6 4% to 4.40 % 514s (5 to 10 yr mat’y).J&D 4.50 4s Aug 31 1926-'32——M&S b 4.15 NORTH DAKOTA 514s (after l0 years)__ J&D 4s Pub Imp '27 to ’36-M&S 6 4.15 3.80 Middletown 4s ’30 op ’20-F&A 4s May 15 1927-1953........... b 4.15 6 4 40 to 4-60 % Montgomery County— 4.25 Johnstown 414s 1930______ 6 4.15 *5s FI Emerg ’26-’42--J&D 6 4.40 to 4.75 % 4-50 4s Building 1930 opt..M&S b 4.15 is July 1928-1933____ J&J 6 4.40 to 4.60 % Newark *4 54s 1927-41—A&O 4.65 Norwood 4s 1930______ A&O 3.80 Lackawanna Co 4s 1944.F&A b 4.15 Lancaster 3s '38 opt '28-A&O 6 4.15 4 OHIO (See footnote *) Portsmouth 4s 1926-24.-J&D 4.15 4.50 314s Sewer 1934_____ M&S b 4.15 414s 1927-1932..................A&O 6s Sewer 1927-36,___ J&J 4 Lancaster S D 4s May 1945— b 4.15 •Akron 6s 1926-1940——A&O 6 4.15 to 4.30 % Sandusky 5s 1926_______ F&A 4.15 Springfield *5s 1926-1934___ 6 4.15 to 4.30 % •5s 1926 and 1928_____ Var LowerMerionTwp4s,454s,454s b 4-15 McK’p’t S D 454s ’27-’43M&N 6 4.15 •5s Water 1926-1953--A&O b _4.85" to 4.30 % 414s 1926-1930_______M&S 6 3.90 to 4% 4.15 3.90 Mercer Co 514s ’26-’47..F&A 6 4.15 ♦514s 1927-1929............. J&J 414s 1931-1935_______M&S 4.30 Springf’d S D *5s ’26-’39-J&J2 4.30 Norristown S D 4Ks 1943.J&J b 4.15 •514s 1930-1937—..........J&J 4 30 Steubenville *5s 1927-35-M&S 4.50 Philadelphia 4s 1937_____ J&J 98 ♦514s 1938-1951.............. J&J 4.25 5s Jan 1951___________ J&J 104 414s 1926-1947............ A&O 6 4.15 to 4.30 % Summit Co 5s 1927-30__ A&O 4.25 4.30 414s May 1948................. J&J 104 ♦414s 1936-1955______A&O 5s Road Imp 26 & ’27-A&O 4.25 414s Nov 1 1948-........... -J&J 104 4.30 5s Road Imp ’28-’35_ A&O •414 WWDec31'26-37.JD31 4.30 4s Water Works 1942--A&O b 4.15 to 4.30 % 414 s Sept 16 1975........... J&J 100 454s 1926-1937 ___________ 4.20 4s July 1939__________ J&J 97 Alliance 414s 1927-1932- .J&D b 3.80 to 4% Toledo *5s W W '37-’44.F&A 4.20 4s July 1942_____ J&J 97 •5s Water Dec 15 1926-1950 b 4.30 to 4.50 % 5s Sept 1926-1942___ M&S Ashland— 4s Jan 1 1946_________ J&J 97 4.20 *6s Gen Fund 1929__ F&A *614s WW Imp ’26-'44 A&O b 4.30 to 4.60 % 4.20 4s Feb 16 1955—........... J&J 97 *6s Pub Wharf 1960--M&S Butler Co— 4s Nov 1 1966................... J&J 97 4.20 *5s Sewer 1949_____ M&S *414 s Fl-Elmer ’27-’31 M&N 4.25 4.20 4s July 26 1972-—.—-J&J 97 •414s Sept 1 1928___ M&S 314s July 1932..... J&J b 4.10 Cambridge—414 s ’27-’34 - J&J 4.60 4.20 *414s Wat 1932-34___ J&J •5s Sewer 1953______ M&S 3.80 314s July 1 1934--.J&J b 4-10 4.60 414s Bdg ’28, ’33 & '38.F&A 4.60 •5s Sewer 1931-37___ M&S 3.80 Phila S D 4Ks ’26-’43—-J&J 6 410 4s Park July 1 1942__ J&J Canton—*5s Sew 1953—M&S 4s 1926-1942....... ............ J&J 98 4.30 314s Refund’g 1930--M&N 3.80 ♦514s Fund 1926-37. --J&D b 4.15 to 4.30 r?3o Toledo Sch Dist— Pittsburgh—414s ’26-'50 J&D b 4-15 4s 1927______ M&N 6 4.15 •6s Water 1944-1959--A&O 4 4s 1926-1929......... ........... 4s 1927 to 1939............ ..J&J b 4.15 414s Water-Wks '30--M&S 3.80 •414s 1926-1930_____ A&O 6 4.20 to 4.25 % 414s ’27-’38 taxable.-M&N b 4.15 4s 1926 & 1927........... —F&A b 3.90 to 4.10 % *414s 1931-1950........... A&O 6 4.20 to 4.25 % 314s Apr '27 to '30__ A&O b 4.15 4.35 •Canton S D 5s 1954—A&O8 6s 1926-1930---......... M&N 6 4% to 4.25 % Pittsb S D 414s ’26-'27—-J&J 6 4 15 4 •5s Dec 10 1926___ J&D10 6s 1931-1960________ M&N 6 4.30 to 4.30 % Reading—4s ’27 to '28__ A&O b 4.15 ♦4Ms Dec 5 1939-42—J&D 4.35 Warren Co 5s 1929-34--M&S 6 4.15 to 4.30 % 4s 1926-1928............... .M&S b 4.15 •4.40s 1956................ 4.35 Youngstown— Cincinnati— 4.20 4s 1926 and 1931--------------- 6 4.1£ *6s Fund 1928................ A&O ♦6s Funding 1928____ F&A 4.10 6s Bdge 1932-41_____ A&O 4.40 Scranton 414s ’26-’41__ F&A b 4.15 •514s Imp Mar 1941—M&S 4.20 5s 1926-1950.................. F&A 6 4.15 *5s Police Bdg & St '26-’32 6 4.25 to 4.30 4s 1927-1937............... -M&S b 4.15 •514s Imp Feb '46, '51 F&A 4.20 *414 s 1926-1957_____ A&O 6 4.25 to 4.30 % 4s 1930 & 1935_______A&O b 4.15 4.20 Youngstown School Dist— ♦514s Mar 10 '31—-M&S10 •5s July 1 1965................J&J 4.40 Scranton8D4s 1928 & 33A&O b 4.15 4.15 ♦414s 1944-1947_____ M&S 314s 1926-1932............ F&A b 4.15 *414s July 1943 ............ J&J 4.10 •5s 1926-1944................ M&S 6 4.15 to 4.40 % Uniontown 4s '28 ex-tax M&N b 4 15 •414s Sewer 1955____ A&O 4.10 Zanesville—*5s City Hall & Wash’n Co 4Ks ’27-’34—M&S b 4-15 Market 1926-39-......... M&S 6 4.20 to 4.40 % Zanesville S D 5s ’26-'43.A&O 6 4.15 to 4.50 % 4s 1927-1933 ............. .. .M&N b 4.15 • Subject to taxation. By an amendment to the constitution of Ohio adopted Sept. 3 1912, bonds issued after Jan. 1 1913 by municipalities in that State are subject to taxation. Bonds issued prior to Jan. 1 1913 are exempt from taxation, b Basis, f Flat price, n Nominal. Watervliet 6s 1926-30-__ Var West Seneca 5s '26-'38__ A&O Westch’r Co 3)4s ’27&’28 J&D 5Hs 1926-32 reg-........ J&D 5s 1939-76......... ............ J&D 5s June 1 1929-54----J&D 414s San Sew ’33-’82.-J&J 4?4s Parkway 1962-86-J&D 41is Co Bldg 1927-44--A&O 4s Co Bldg 1927-59—-M&S 4s 1930 to 1935_____ P&A White Plains—4s ’26-’28-F&A 4 J4s 1935-1959 (reg)„M&S 514s Sch 1931-1936—A&O 314s Water 1931____ A&O Wolcott 414s Jly 15 ’26-'42J&J Yonkers— 514s Jan 1927-1961—. 414 s July 1 1926-62— b ll b 41is Mar 1 ’27-’56—A&O 5s April 11927_______ A&O 6s 1926-1938________ A&O b 4% NORTH CAROLINA 6s July 1961........................ b 4.15 b 4.15 54 [Vol. 122. STATE AND MUNICIPAL BONDS Bonds Wilkes-Barre 3 Xs’27-'29 .T&A'b 4a 1926 to 1935_____ ..J&J 6 4Xs Imp ser I '26-‘38 A&O b 4Xs 1931-1940_____ .J&J b 4Xs Tmpt 1940-1945 -J&J b Wmsport 3Xs ’29op’09 M&S b York 4Xs 1926-1943- — -F&A b York Co 3Xs ’26-’32... M&N b RHODE ISLAND 4s Charlt Inst 1965____ M&S 3Xs gold S H 1934.......... -J&J Bristol—314s g 1930___ M&S. Cent Falls 4s '26-’30____F&A Cranston 4 Sch 1927-1966 J&J N Prov’ce 4s J-ne 15 '47-J&D Johnston 4Xs 1930. 1935, 1940 ----------------------M&N Lincoln—4s 1928_____ A&O Newport—414s ’27-’39--M&S 6Xs June 1 1926-1958____ 4Xs May 1927-42___ M&N 4Xs Mar 1927-35_____M&S 4s gold 1927........ F&A 4s May 15 1948.......... .M&N 314s g High Sch 1954-J&D Pawtucket—414s 1950__ J&J 414s Sewer 1952______J&D 4Xs School 1954..........M&N 4s Water 1937_______ M&N Providence 4s 1927____ A&O 4s Water Jan 2 1936_____ 48 Jan 1 1945_________ J&J 4s Octi 1954_________A&O 4s July 1956__________ J&J 4s May 1962--............. M&N 4s Water 1962___......... J&D 4s Oct 1 1964_________A&O 314s Sch & Br 1929-.-M&N 3s Sew & Impt 1929--M&N Westerly—4s 1927_____ M&S 314s Water Feb 1929--F&A Woonsocket 414s Fd ’41 J&D 6s Fund 1927-1935—-M&N 6a Fund 1936-1961-..M&N 4148 Funding 1944---M&N 414s June 1926-1957--J&D 5s Funded 1927-1959..A&O 4s Funding 1947_____ A&O 314s Wat May 1 '31--M&N Bid. 4.15 4.15 4.15 4.15 4.15 4.15 4.15 4.15 To Ask. Net to 4 25 % to 4 25 % to 4 .25 % to 4 .25 % to 4 .25 % to 4 .25, % to 4 •25 % to 4 .25,% 10014 96 X 9614 9814 96 9514 10014 98 X 101 X 114X 100 99 X 99 X 97 X 88 X 103 103 100 97 X 99 X 98 X 98 X 98 X 98 X 98 X 98 X 97 X 96 99 X 97 X I01X 106 120 101 100 98 106 94 X 96 SOUTH CABOLINA 414s Blue 1928__________ J&J 4s Refund 1952 opt 1932.-J&J Charleston—414s 1928--A&O 4148 Jan 1962_________ J&J 4s Sewer 1929________ A&O 4s Refg '38 (tax-exem)_J&J Charleston Co 6S 1937---J&J Cheraw 5s '52 opt '32--July 1 Clarendon Co— 6s May 15 '36-'40--M&N15 Columbia 5s Ref 1941..-M&S 414s Water 1945_____ J&J Greenville—5s St 1942-.-J&J 5s Water 1958opt '38-F&A Greenville Co 4Xs'40-'55-J&J Lancaster S D—5s 1941--J&J 6s July 1946_________ J&J Richland Co 5s 1933____ J&J Rock Hill 5s 1951 opt '31-J&J Spartanburg 414s 1935--A&O 414s Water 1930-1939.-J&J 414s Water 1949-1965-J&J 58 Sept 1 1939________ 5s Nov 1 1943_____ Spartanburg County— 414s 1927___________M&N Sumter Co— 5s Road & Bdge '28-’52- J&J ft 4.50 to 4.75 York Co— 4Xs Rd & Bdge ’27-'50.J&J ft 4.25 to 4.55 SOUTH DAKOTA 5s Rural Credit '33-’40--A&0 6s Sept 1941---------------- M&S 5s Mar 15 1931-35---M&S15 5s June 1 1926-39_______J&D 5s Highway 1926-28____ A&O 5s Jan 15 1934-40____J&J15 6Xs Jan 15 1943_____J&J15 4Xs Rural Credit 1939--J&J Aberdeen 414s Sewer '32-J&J Sioux Falls 5s 1931_____ J&D Sioux Falls S D 5s 1935.-A&O 514s Dec 1 1940 ....J&D TENNESSEE 414s July 1 1926-67____ J&J 414s Ref 1926-55.......... _.J&J 414 s 1938-55.......... J&J 4s Ref 1926-55____________ J&J 4s 1932-53............ .J&J Blount Co 5s 1926. 1931, „ 1936, 1941, 1951_____ J&j Chattanooga 414s 1937__ J&J 5Xs Ref Apr 15 '51-A&O15 5s Audit 1927-32____M&N 4Xs May 1952_______ M&N 414 s Park 1942_______ M&N 414s Dec 30 1941.—J&D30 Cocke Co Rd & Bdge— 1929, '34, '39______ M&N Cumberland Co 5s 1956.-J&J Davidson Co 414s '37 op.F&A Dyer County 4Xs 1955_____ Grainger Co 5s 1940___ F&A Hamilton Co 5s 1935___ A&O 5s April 1945------------- A&O 414s O H & Jail 1942--A&O 414s Bdge & Sch 1947-A&O Knox Co 5s 1930-45_________ Knoxville 5s 1940_____ M&N 8s Wat Ref 1927-46---M&S 514s Fund 1950_____ M&S 5s Dec 1930______________ 4Xs July 1 1936-48............. 414s Funded, &c., 1937 J&D 414s Water-wks 1949--J&J 4X3 June 1 1929_____ J&D 4s June 1 1929--.......... J&D Memphis 5s July 1954__ J&J 5s River Term '27-'48-A&O b 4.10 to 4.40 5s Audit Mkt ’27-'49—J&J 6 4.10 to 4.40 414s Ref July 1926_______ 414s Refunding 1939__ J&J 414s St Impt &c 1946--F&A 414s Park 1947.......... --J&J 4Xs Street 1947_____ M&S 414s 1950............ J&J 414s Park 1959.............. A&O 4s Water 1933_______ M&N Memphis S D 414s 1959-.J&J ft Basis, f Flatjprlce. n Nominal. 4.10 4.10 4.35 4.40 4.35 4.35 4.60 4.75 4.80 4.55 4.50 4.55 4.55 4.45 4 75 5 4.4.r 4.75 4.45 4.40 4.45 4.45 4.50 4.15 % % 4.60 460 4.50 4.50 4.50 4.50 4.60 4.60 4.65 4.75 4.75 4.80 4.20 4.20 4.20 4.20 4.20 4.70 4.40 4-70 4.60 4.50 4.40 4.40 4.80 4.80 4.40 4.65 4.60 4.50 4.50 4.40 4.40 4.45 4.45 4.45 4.45 4.45 4.45 4.45 4.45 420 4.10 4.40 % % 4.30 4.30 4.30 4.30 4.30 430 4.30 4 35 Bonds. Nashville— 6s April 1927-1942___ A&O 6 5s March 1927-1960--M&S ft 5s March 1933_______M&S 5s School-1926-1945---J&D 6 4Xs Street 1935_____ J&J 4Xs High Sch 1940___ J&J 4s Water 1928________ J&J Polk Co 5s 1927-46......... -J&D Putnam Co 4Xs 1941-.July 1 Robertson Co 4s’41op’31-J&J Shelby Co—4Xs Sch '41-J&J 4Xs Munic 1933-'57—J&D 4s Court House 1955--J&J 5s School 1929. 1939, 1949 ft TEXAS. Austin 5s 1926-1942____ J&J ft 5s SchBlg&Hos ’52op’32J&J 4X% Ref 1926-1946—-J&J Beaumont 5s '52 op '32--A&O 5s Water Works 1954-M&S 5s 1927 .. .A&O 5s 1928-1930_________ A&O 5s 1931-1939.--.......... .A&O 5s 1940-1965_________ A&O 4s 1942 opt 1922_____ J&D Cisco 6s Fund 1949-62--F&A5 Cleburne 5s WW’52op’32 J&J Dallas—5s 1931________ J&D 5s g Aug 1928________ F&A 5s 1927-1960............ _.M&N ft 4Xs Sch 1927-1952--.M&N 6 4Xs 1928, 1938. 1939, 1942. 1943, 1944, 1945___ J&J ft 4Xs 1927-’30________M&N 6 4Xs 1931-’45________M&N ft 4Xs 1946-’65_______ M&N 6 4s School 1926-1951--.J&J ft Dallas Co4XsSeptl0’51 AprlO 5s Viad’t & Bridge Feb 10 1954 opt 1924___ Apr 10 ElPaso 5s WWPurch’50-A&0 5s Fund 1951 opt '31--M&S 5s School 1955 opt '35--J&J 5s Impt Aug 1 1948___ F&A Fort Worth 5s 1951_____A&O 5s 1929-1934_________J&D 5s 1935-1959_________J&D 4Xs Stlmp’48 op aft’28 J&J 4Xs Sch’49 op aft '29-J&D 4s Refunding 1941____J&J Galveston—5s 1932-1936-J&J 5s Grade Rais 1944__ A&O 5s School 1926-1954—M&S 5s 1927-1956_________ A&O 4Xs Grad, &c, '48op'28 J&J 4Xs Grad,&c,'49 op’29A&O Galveston County— 5s Bd Apr 10 ’51op’31 A&O GrimesCo 5Xsl927__ A&O10 5Xs Road '28-’29.—A&O10 5Xs Road 1930-'54-A&010 Harris Co 4s '47 op '17 A&O Houston—5s Sewl939--M&N 5s Ref Oct 16 '41op'31-A&O 5s Mun Imp '27-’36---F&A 6 4Xs Sept 1926-1952--M&N 6 4Xs Oct 26 '28 op '28-A&O Palestine 5s Sch Aug 1 1929, '34, '39, '44, '49, '54, '59, '64 Port Arthur 5s 1926-56--M&S 5s Water Aug 25 ’28-'65___ San Antonio—5s '26-’53-M&S ft 5Xs W W 1927-’35--.M&N ft 5Xs W W 1936-'65-.-M&N 6 5s Sept 1926-1953___ M&S ft 5s Sept 1931-1959________ ft 5s St Imp Dist No 2 1943__ ft San Antonio S D 5s '56--F&A Waco—5s Nov 1 1934--M&N 5s Sewer 1937_______ J&J 5s Water-Works 1942-.J&J Bid. Ask. To Bonds. Bid. To Ask. Net. Newport News 4Xs '48-J&D 4.60 4Xs Feb 1953............... F&A 4.60 4.25 to 4.30 % 4s Street Nov 1 1941--M&N 4.60 4.30 to 4.50 % 4.70 4.50 Norfolk—6s Oct 1 1950_ A&O 5Xs School Oct 1 '51—A&O 4.60 4.25 to 4.50 % 5s Municipal 1949F&A 4.50 4.40 4.40 5s Municipal 1969___ F&A 4.50 4Xs Munic Impt '42-M&S 4.45 4.20 4Xs Renew Apr 1 '41-A&O 4.60 4.45 4Xs Imp July 1940__ J&J 4.45 4.60 4s Impt March 1936--M&S 4.50 4.40 4.40 4.50 Petersburg 4Xs 1952__ A&O 4.55 4-45 Portsmou th—4 X s 1940- F&A 5Xs Aug 1 1951_____ F&A 4.70 4.40 4Xs Imp Oct 1 1942--A&O 4.25 to 4.40 % 4.55 4Xs Sch & Sew 1938--J&J 4.55 4.50 to 4.70 % 4Xs 1930-1940.............. -J&J 4.55 4.70 4Xs 1941-1954________ J&J 4.55 5s Water 1948________J&D 4.70 4.60 6s Refunding 1928____ J&J 4.50 4.80 4.80 Richmond—6s 1926-29__ J&J ft 4 30 .25'3 4.80 6s July 1 1930_________ J&J 6 4.25 20% 4Xs Pub Imp 1949___ J&J 6 4.25 4.80 4.80 4XsSt&PkRdSept’29-J&J ft 4.25 4.80 4Xs 1958 ........................ J&J ft 4.25 20"/, 4.80 4s 1926 to 1930................ J&J ft 4 25 5.50 4s 1938 to 1943................ J&J ft 4.25 • 20% 4.90 4s 1941_______ J&J ft 4.25 ,4.20% ----4.30 4s Elec Light 1942____ J&J ft 4.25 420% 4.30 4s 1943 ______________ J&J ft 4.25 4 20% 4.45 Roanoke 4Xs Ref 1936__ J&J 4.25 to 4.35 % 4Xs Street Impt May 1940 4.25 to 4.35 % 4.45 4Xs Pub Bldg 1941—M&N 4.45 4Xs Pub Bldg 1944--M&N 4.25 to 4.35 % 4.45 4Xs Apr 1952________ A&O 4.45 4.25 to 4.35 % 4.25 to 4.35 % 4s Street Impt 1936___ J&J 4.40 4.25 to 4.35 % Stafford Co 5s 1942_____ J&J 4.80 Staunton— 4.25 to 4.35 % 4.40 5s W W 1929-58_____ M&S 4.65 Tazewell Co 5s 1926-46__ J&J ft 4 .25 to 4.70 % 5 WASHINGTON 4.60 4.60 6s Gen Fund 1926-1940--J&J 6 4.10 to 4.25 % 106 4.60 5Xs Feb 1 1931_______ F&A 105 s” 4.60 Aberdeen 5Xs '26-’31 J&D 4.60 Bellingham 5s 1926____ A&O 4.76 4.40 Clarke Co 5s '35 opt '25-Jan 1 5 4.50 Everett 5s July 15 1931--J&J 5 4.75 5s June 1936________ J&D 5 5Xs Water 1934-1938-M&S 4.75 5 4.50 4.40 King Co—5s 1928_____ M&S 5s Court House '33 opt May 4.75 5 5s Road 1935________ F&A 4.50 5 4Xs Harb opt ’26-'3O Novi 6 4.65 to 4.80 % 5 Lewis Co 5s 1927-32___ M&S ft 4.85 to 5% 5 Pacific Co 4Xs July 1 ’28-'36 4.86 5 Pierce Co 5 5s Sept 1 1928-37___ Sept ft 4.60 to 4.70 4s Ref 1926 opt 1916--M&S 4.76 4.90 5 Port of Seattle 5s ’26-’55 M&S 4X 5 4.80 4Xs Jan 1927-1955___ J&J 4.50 Seattle—5s 1926-1930——J&J 5 6s L & P Sys 1927-41—A&O 4.80 5 5Xs L & P 1929-43- —M&N 5 4.40 4.50 4Xs Sewer 1927______ M&S 4.40 4.45 to 4.65 % 4.50 4Xs Sewer 1931_______ J&J 4Xs Light ext 1932___ J&J 4.50 4.45 to 4.65 % 4.50 4Xs 1928-1932..............A&O 6 4.20 to 4.40 % 4Xs 1933-1940-.......... -A&O 4.40 4.40 4Xs 1941-1955_______A&O 4.85 4s April 1 1929______ A&O 4.75 4.35 4.75 Seattle School Dist No. 1— 4Xs Mar '27 to '31—-M&S 4.70 to 4,80 % 4.50 4.70 to 4.80 4s 1946-1950 ......... ...M&N 4.40 Snohomish Co 5s '31 opt aft '21 4.70 to 4.80 5 Spokane 5s Park 1927__ J&D 4.70 to 4.80 4.30 4.70 to 4.80 % 4Xs Bridge Const 1931-J&J 4.25 4.75 to 4.85 % 4Xs Park 1962_______ J&J 4.25 4Xs Bridge 1926-36---J&J 4.75 4.25 4.40 Spokane S D No 814 X s ’29 J&J 4.40 4.40 4Xs May 1 1931____ M&N 4.40 4.10 Stevens Co—4Xs '29 opt *19 5 Tan 1 1QQ1 4.40 Tacoma—5s 1926-33___ J&D 4.76 Wichita Falls 6s'i950ZZZM&N ft 4.75 to 5% 4Xs Water ’39-’43(s-a).J&J 4.50 4Xs Lt & Pow 1929___ J&J 4.75 5Xs 1926-1940_____ M&N ft 4.75 to 5% 4X3 Refunding 1931--A&O 5s Feb 10 1960___ F&A10 ft 4 60 to 4.75 4.75 4.76 3Xs Jan 1 1939-......... -J&J 4Xs 1926-1955_____ M&N 6 4X to 4.60 4 Xs 1926-1960 _____ J&D ft 4X to 4 60 WEST VIRGINIA UNITED STATES—See pages 16 &48 5s Highway 1927-1946---J&J 6 4.10 to 4.20 % UTAH. 4.10 4.25 3Xs Jan 1 1939________ J&J 5Xs April 1 1941 —......... -J&J 4.50 4.15 Charleston 4Xs '41 opt '27J&J ,5s Capitol Bldg 1934____ J&J 4.10 Charleston S D 5s ’26-’52-J&J 4.50 4Xs Capitol Bldg 1934--A&O 4.10 Clarksburg 5s ’26-'53__ A&O 4.55 ,4Xs Road 1939............ ...J&J 4.10 Clarksbg S D 5s '41 op *2lM&S 4Xs July 1 1939________J&J 4.65 Hancock County—5s Grant 4s Capitol Bldg 1934___ J&J 4 4.90 4.40 Road Dist '46 opt '32-M&N Box Elder Co 4XsSch’32 F&A Ogden—4Xs 1929_______J&J 4.25 Huntington 5s 1944____ Oct 4.35 5s Ind Sch D '28-'34-„J&J 4.40 4.25 4X% 1926-1945_________ 4.25 Martinsburg 5s '43 op '29 Deci 4.66 4Xs Refunding 1932--J&D 4.25 Mercer Co 5s '44 op *24 A&O 15 4.75 4Xs Ref Wat 1933---M&N Parkersburg 4s Wat '29-June Salt Lake City— 4.40 4Xs June 1 1933____ J&D 4.50 5s Ref 1926-1928____ M&S b 4.20 to 4.30 % Wheeling 5s W W '32-’52-J&J 4.25 5s Refunding 1941____ J&J b 4.25 to 4.35 % 4Xs May 1 1934____ M&N b 4.25 to 4.35 % fc 4.10 to 4.20 % WISCONSIN 4Xs refunding 1934—M&N 6 4.25 to 4.35 % Appleton 4Xs 1927-32--F&A 4s Ref 1927-1929____ A&O b 4.15 to 4.25 % 440 Eau Claire 4Xs W W ’33-'44 4.15 4s Ref 1930-1935____ A&O b 4.15 to 4.25 % Fond du Lac 4Xs '27-’35-Mar ft 4.05 to 4.15 % 4s Ref 1936-1945____ A&O b 4.15 to 4.25 % Green Bay 4Xs ’27-’33__ J&J ft 4.05 to 4.15 % 4s Ref 1946-1965____ A&O 6 4-15 to 4.25 % 6s W W 1926-1935—-M&N 4.35 4.80 Salt Lake City S D 4s '30-J&J 6s W W 1936-1960—-M&N 4.35 4.80 4Xs Feb 1 1932_____ F&A 4.35 Jefferson Co 5s '28-’32.-A&O 6 4.10 to 4.20 % 4Xs Aug 1 1933_____ F&A 4.40 La Crosse 4Xs '32 op '22-F&A Salt L Co 4Xs '26 op '16 F&A 4.26 VERMONT. 4s Water 31 op *21__ J&D 4.26 Madison—4s Oct 1931--A&O 4Xs Oct 1 1926-1949 —-A&O 4.10 Middlebury 4s '41op’21-M&N 97 Marshfield 4Xs '26-’32---J&J 4.20 VIRGINIA Milwaukee 5s 1927-1939—J&J 4% to 4.10 % 6s deferred ctfs 1871____ J&J 5s 1926-1939....... ............ J&J 4% to 4.10 % Brown Bros certificates___ 5s Jan 1927-1940-......... J&J ft 4% to 4.10 % 3s “Riddleberger” 1932 opt 5s July 1926-1940-......... J&J ft 4% to 4.10|% 3.90 1900 ________________ J&J 4Xs 1926-1939________ J&J 6 4% to 4,10i% 3.90 3s Funded debt 1991___ J&J 4Xs Park 1927-1935—-J&J 6 4% to 4.10 % Albemarle Co 5s 1948___ J&J 4.60 4s Viaduct 1926_______ J&J 4 Arlington Co— Milwaukee County— 5Xs Sch Bldg ’32-’54-F&A 4.70 4Xs Sew Mar 18 ’36-’45__ 4.20 Bristol 5Xs Sch '34-’53_____ 4.85 Oshkosh 4Xs 1927-34---F&A ft 4.10 to 4.15 % Charlottesville 5s 1962.-M&S 4.60 Racine 4Xs Ref '27-'3O—F&A 4.06 4.60 5s Water Impt 1958__ J&J 6s 1926-1941--------------F&A ft 4.10 to 4.20 % Danville—4s Refg 1931--J&J 4.45 Racine Co 6s 1930-1940--J&J 4.20 4Xs Ref Aug 1942___ F&A 4.50 Superior 4Xs Sch '26-’44-J&J ft 4.10 to 4.20 % 4.40 Wausau 4Xs '27-’33___ A&O ft 4.10;to4.20 % 4Xs July 1 1939-1950--J&J 5s Wat Imp 1926-28__ J&D ft'4.20 to 4'.30 % Wood Co—5s ’28-’29-’31 A&O ft 4.10 to 4.20 % Fairfax Co 4Xs 1945--F&A2 465 5s 1934________ A&O 4.15 Henrico Co Sch 5s '30-’50 J&J ft" 4.40 to 4.50 % 5s 1937 and 1938_____ A&O 4.16 WYOMING Lee County 5s 1927-41__ J&J 4.85 Lynchburg—5s 1926 opt-J&J 4 6s Pub Bldg 1926-28___ July 4.60 4Xs Ref June 1 1927--J&D 4.10 Cheyenne 5s '31 op '11.-F&A 6 4Xs Pub Impt 1939__ J&J 4.35 Natrona Co S D No 2— 4.85 4Xs Pub Impt 1946__ J&J 4.35 5s 1928-1944 .............. 4Xs Water 1951_____ J&J 4.35; i Sheridan— 4s Ref Oct 1934 J&t — — 4.35 ' 6s Fund Mar 15 1952.M&S ........................ 4 SS an 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 issue, though often are nominal. An asterisk (*) denotes sales. Figures of deposits, capital and profits for the national banks are from the Comptroller’s last 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 April 12; State institutions March 12. Capital. Surplus & Gross Deposits. Par. Profits. Birmingham— $ $ $ Amer Tr & Sav Bank 1,000.000 914,718 14,591,992 100 Birmlnir'm Tr & Sav 1,000.000 1,123,450 25,052,245 100 Broth of L Eng B & T 500.000 72,576 1,419,873 100 First National Bank. 1.500.000 3,680.604 37,335,389 100 Traders Nat Bank.. 250.000 180,085 4,029,653 100 Mobile— First National Bank. 300.000 1,533,642 17,024,301 100 Merchants' Bank__ 500.000 645,977 11,879,859 100 People’s Bank_____ 300.000 286,732 4,315,896 100 Montgomery— Exchange Nat Bank. 300,000 al05,669 2,424,895 100 First National Bank. 1.000.000 609,796 7,362,995 100 Fourth Nat Bank__ 500.000 a303,089 6,280,397 100 Alabama Bk & Tr Co 300.000 54,600 2,141.000 100 Union Bank & Tr Co 100.000 160.360 1,040,406 100 Bid. Ask. Per 290 310 115 600 200 Per share. 310 330 125 625 225 share. 565 300 145 Per Liquid 195 132 105 220 575 310 150 share. ation 210 140 108 230 ARIZONA—National banks April 12; State institutions April 12. Phoenix— Citizens State Bank. 100.000 Commercial Nat Bk. 150.000 Nat Bank of Arizona 200.000 Phoenix Nat Bank.. 200.000 Phoenix Sav Bk & Tr 100.000 Valley Bank_______ 1,050,000 a7,125 700,000 a5,479 518,167 al07.525 4,397,481 198,772 5,641,547 303,200 3,718,800 260.242 12,705,245 100 100 100 100 100 100 Per share. ARKANSAS—National banks April 12: State institutions April 12. Little Rock— Amer South Tr Co.. 1.000,000 Gentral Bank______ 200,000 England Nat Bank., 300,000 Exchange Nat Bank. 300.000 Federal Bk & Tr Co. 200,000 People's Sav Bank.. 200,000 Bankers Trust Co__ 300,000 Exchange Trust Co. 100,000 Union Trust Co____ 500,000 W B Worthen Co__ 200,000 371,292 15,924,526 25 46,240 936,260 92,409 2,524,260 100 232,041 4,210,025 100 a21,261 1,341,506 76.516 3,238,534 25 147,722 7.014,937 100 118,803 1,482,873 478,419 7,693,119 100 390,313 3,123,071 Pine Bluff— Cotton Belt S & T Co Nat Bank of Ark.__ Merch & Plant Bank Peoples S B & Tr Oo. Slmmons Nat Bank. a78,574 175,077 241,568 069,030 517,570 100.000 100,000 175,000 100,000 200,000 Per share. Per 1,056,393 25 160 2,517,560 100 280 2,946,918 25 225 637,429 25 145 5,949,944 100 265 Capital. San Francisco— Amer Bank of San Fr Anglo London-Paris National Bank__ Bank of Calif, NA.. Bank of Italy______ Banca Popolare Fugazi------------------Brit-American Bank. Canadian Bk of Com Canton Bank____ Crocker First Nat Bk Donohoe-Kelly B Co. French-Amer Bank.. The San Fran Bank. Humboldt Bank___ Italian-Amer Bank.. Liberty Bank______ Mission Sav Bank__ The Mission Bank.. Pacific Nat Bank__ Wells Fargo Bank & Union Trust Co__ Anglo-Calif Trust Co Mercantile Trust Co. Crocker First Federal Tr Co_____ __ United Bank & Tr Co San Jose— Bank of San Jose___ First National BankGrowers Bank_____ Security Sav Bank.. Security State Bank. $ $ 5,000,000 rl ,820,006 71,730,482 5,000,000 r4,064,523 97,756,378 8,500.000 fd, 140,298 83,151,248 17,500.000 10.789.255 389,433,241 162,470 18.417,440 1,057.000 90,463 3.734.075 1,000,000 750,000 <1824,072 6,528,849 105.857 3,921 148 600,000 6,000,000 r3,445,327 64,642,335 217 357 2,498 381 650.000 900,198 19.753,576 1.250,000 1,000,000 3,250,000 102.982,609 1,200,000 1.380.901 27.871.287 666 348 21 089.485 1.500.000 767.557 33 688.705 1,850.000 169,624 8,900.289 500.000 200,000 r211,283 2,559,055 1,000,000 r260,006 4,958,376 9.000.000 8,038,273 116,889,154 1.500,000 2,024,605 61.709.409 5,500,000 5,098,087 154,725,946 1,500.000 4,500,000 300.000 600,000 300,000 100.000 100,000 Stockton— City Bank________ 500,000 750,000 Comm’l & Sav Bank. First National Bank. 200.000 Stockton S & L Bank' 1,000.000 Union Safe Dep Bankj 310,000 Bid. Ask. Per share. 100 162 163 200 100 100 246 100 437 439 100 125 100 100 100 100 100 100 230 1000 9100 1(M) 350 100 206 100 100 110 100 135 100 130 100 250 100 340 100 297 310 260 1OO00 370 260 115 145 365 300 r981,690 28,747,088 50 r817,848 41,820,580 100 143 157X Per share 458.070 4.842,690 100 r767,611 6,780,989 100 40.166 1.484 556 100 290.628 3,043.946 100 310,900 2.012,848 100 4.214.381 80 5,990,151 100 2,082,983 100 7,082,842 100 1.663,509 100 242,132 r571,958 Z524.056 r565,997 73,425 CANADA—See last page. share. 165 285 235 150 275 CALIFORNIA—National banks April 12; State institutions Dec. 31. Fresno— First National Bank r66,234 3,537,493 100 __ - _ ZJ55 200,000 Los Angeles. Per share. 253,329 16,996,024 Bank of America-... 1.500,000 195 Bank of San Pedro.135,493 3,223,547 250.000 _____ ......... Cent Corn ! & Sav Bk 25,462 1,295,717 325,000 Citizens' State Bank Sawtelie___ j... 50 ,768 2 267,331 200,000 Citizens' Nat Bank.. 4,000,000 r2,249 ,588 46 ,305,715 375 390 Com’INat Tr&SavBk 1,000.000 850. ,853 19 ,614,088 230 Farmers & MerchNat 2,000,000 r2,536 ,573 47 ,701,388 100 450 Fed Tr & Sav Bank. . 31 ,194 3 ,314,150 100 150 300,000 55 ,858 2 787,112 100 First Nat Bk, San P. 200,000 First National Bank. 3,500.000 z"4,246 ,715 87 ^647,209 100 450 465 California Bank____ 3.000,000 r2,033 ,000 81 ,126,709 100 330 Merchants’ Nat Bk. 1.500.000 rl ,930 ,045 49 382,702 100 317 325 218. ,857 12 225,176 100 154 160 Nat City Bk of L A_ 1.000.000 California Trust Co. 500.000 Z154, 345 614 ,733,219 100 Security Tr & Sav Bk 1,250.000 5,622, 988 222 ,315,315 100 380 390 Heilman Com T & S. 2,500,000 rl,517, 098 81 077,760 100 255 Citizens Tr & Sav Bk 2,000,000 z'1,962, 805 49 ,774,753 100 277, 921 5 ,818,991 100 135 Pacific National Bk. 1.000.000 Pacific-S’W T & S B. 6,900.000 r7,222, 405 188 ,823,980 100 Peoples Nat Bank— 71, 683 2 ,627,964 100 500,000 Seaboard Nat Bank. 1,000,000 115, 560 2 ,844,589 100 224, 081 6 ,464,044 100 198 U S National Bank.. 750.000 491, 982 15 ,415,193 100 192 >5 195 Union Bank & Trust. 1.500,000 48, 511 1 ,007,191 100 Wilshire Nat Bank.. 200.000 Oakland— Per share. Central Sav Bank---- 1,000,000 rl ,527,004 29,222,734 100 225 250 Central Nat Bank— 1,000,000 rl ,643,650 21,949,797 100 260 39,564 3,051,128 100 New First Nat Bank. 500,000 Farmers & Mer Sav. 153,588 5,050,672 100 300,000 Oakland Bank_____ 1,500.000 2,990,045 56,577,140 100 294 Pasadena— 42,246 1,772,676 100 Central Nat Bank— 100,000 201,458 3,737,451 100 Citizens Savings Bk. 300,000 15,509 Comm’l Bk of Pasad 100,000 364,826 100 First National Bank. 400,000 r217,107 5,693,945 100 r43,984 1,515,013 100 Pasadena Nat Bank100,000 Security Nat Bank.. 300.000 rl27,014 3,285,888 100 First Trust & Sav Bk 800.000 r378,826 10,944,378 100 Per share.' Sacramento— California Nat Bank. 1,500,000 rl,163,008 20,906,217 100 250 Capital Nat Bank — 500,000 r579,335 10,191,239 100 California Tr & S Bk 450,000 r458,422 11,894,407 100 Farm & Meeh Bank. 370,437 7,938,706 100 350,000 Merchants Nat Bank 200,000 rl76,325 2,629,786 100 175 People’s Bank_____ 800,000 r360,729 7,798,092 100 125 SanBernai dino— 74,173 1,931,007 100 American Nat Bank. 150,000 141,767 1,297,652 100 California State Bk.. 100.000 1,867,305 100 San Bernardino N Bk 100,000 r341,621 San Bern Co Sav Bk. 150,000 r370,305 2,98 , ’6 100 San Diego— First National Bank. 1,000,000 r926,879 17,868,109 10b 75 300 First Trust & Sav Bk 500,000 r243,451 5,539,930 100 175 200 San Diego Tr & S Bk 300,000 1,116,612 9,289,635 100 400 425 Secur Comm & S Bk. 85,166 2,339,603 100 160 175 250,000 101,131 2,642,941 100 150 175 Union National Bank 300,000 United States Nat Bk 100,000 z'32,939 1,979,398 100 150 r34,579 1,670,243 100 180 200” University Ave Bank 125,000 Southern Trust & Commerce Bank.. 1,000,000 r423,341 22,609,072 100 200 215 COLORADO—National banks April 12; State Colorado Spgs.— 242,316 Colorado Sav Bank.. 50.000 Colorado Spgs Nat B 119,543 100.000 256,857 Exchange Nat Bank. 300.000 First National Bank. 366,361 300,000 102,191 Colo Title & Tr Co.. 150,000 institutions April 12. Per share. 2,052,357 100 1,890,006 100 5,328,553 100 5,631,143 100 1,742,489 100 Per share Denver— 632,582 American Nat Bank. 500,000 ~~~~Cto sea. »53,258 2,835,425 Broadway Nat Bank 200,000 112,972 3,892,098 'ioo Central Sav Bk & Tr 500,000 Colorado Nat Bank. 1,000,000 1,587,010 36,580,137 100 Denver Nat Bank__ 1,000,000 1,155,648 32,173,574 100 ~~"cio sed. Drovers Nat Bank.. »47,609 1,203,857 200.000 First National Bank. 1,500,000 1,694,093 41,697,002 'ioo 629,822 Pioneer State Bank.. 15,500 100.000 Stock Yards Nat Bk. 49,035 1,498,762 100 250,000 550.000 1,230,494 19,796,129 100 U S National Bank. _ 621,564 Guardian Trust Co.. 23,712 240.000 International Tr Co. 500,000 1,332,642 16,235,047 100 Per shareLeadville— Carbonate Amer N B 100.000 20,057 1,465,922 100 Pueblo— First National Bank. 500,000 1,144,567 13,711,874 100 Mlnnequa Bank___ 30,000 al02,541 2,259,218 162,748 1,763,911 Western Nat Bank.. 100,000 262,201 4,491,225 Pueblo Sav & Tr Co. 100.000 CONNECTICUT—National banks April 12; Bridgeport— City National Bank 1,000,000 1,406,698 First National Bank 1.000,000 1,784,847 835,443 Bridgeport Trust Co. 1,000,000 220,647 Amer Bank & Tr Co 200,000 Comm’l Bk & Tr Co 105,297 300,000 116,373 North End Bk & Tr. 100,000 147,028 West Side Bank____ 200,000 Hartford— City Bank & Tr Co.. 900,000 1,217,647 845,001 Conn River Bkg Co. 150,000 First National Bank. 1,150.000 1,298.421 85,459 Glastonbury Bk & Tr 100.000 Hartford-Aetna N B. 2,000.000 3,911,218 Merchants Bk & Tr. 46,125 100.000 125,008 Mutual Bk & Tr Co. 300,000 Phoenix Nat Bank.. 1.000,000 1,601,853 State Bank & Tr Co. 400.000 1,048,040 United States Sec Tr 2,000,000 1,949,210 178,517 150,000 East Hartf Trust Co. Hartford-Conn Tr Co 2,000,000 3,255,722 179,555 Park Street Trust Co 100.000 Riverside Trust Co. . 550,600 300,000 Simsbury Bk & Tr Co a60,158 50,000 414,802 Travelers Bk & Tr Co 100,000 New Haven— Amer Bank & Tr Co. 100,000 0169,161 Bway Bk & Tr Co. 300,000 0118,112 Citizens Bk & Tr Co. <>9,931 130.000 First National Bank- 1,050.000 1,428,438 Mechanics’ Bank.. 300,000 1,140,717 Merchants Nat Bank 538,857 500,000 New Haven Bk NBA 1,200,000 2,213,910 Nat Tradesm Bk&Tr 637,446 500,000 Second Nat Bank.. 750.000 1,354,904 Un & N Haven Tr Co 650,000 1,281,629 Norwich— Merchants’ Nat Bk. 085,776 100,000 Thames Nat Bank.. 1,000,000 0780,917 Uncas National Bank 064,626 100,000 036,218 Bankers Trust Co__ 100.000 • Sale price, a Dec. 31 1925. b Trust assets, c Includes First Federal Trus price, r April 12 1926- t June 30 1925. v Sept. 28 1925. x Ex-dividend. Gross Deposits. Par. Surplus & Profits. o. stock, d April 6 1925. State institutions April 12, Per share. 12,079,486 100 225 230 18,828,733 100 270 275 11,726,113 100 195 200 5,568,594 100 195 200 1,772,084 100 145 150 1,020,163 100 160 2,445,032 100 148 150 Per share 19,879,216 100 600 5,601,534 30 200 9,643,712 100 225 ......... 1,149,638 50 21,537,982 100 360 713,962 100 3,114,028 100 115 14,761,237 100 310 8,251,213 100 475 13,055,798 100 390 2,247,870 100 22,527,336 100 525 3,204,360 100 475 2,889,027 100 450 1,074,770 50 5,792,556 100 Per share. 2,762,664 100 175 2,999,016 100 115J4 555,435 100 105 16,863,582 100 245 17,762,758 60 310 8,048,142 50 83 85 8,643,964 100 220 3,340,665 100 170 173" 10,174,242 100 2?0 11,475,392 100 300 Per share. 582,444 100 100 110 3,222,564 100 135 140 739,220 100 100 105 767,647 125 125 130 h Includes trust funds. I Dash Sale 56 [Vol. 122. BANKS AND TRUST COMPANIES CONNECTICUT—(Concluded) Capital. Surplus & Profits. Gross Deposits. Par. Bid. Waterbury— Cltiz & Mfrs’ Nat Bk Waterbury Nat Bank Colonial Trust Co__ Merchants Trust Co. Waterbury Trust Co. Per $ $ $ 600,000 617,253 10,778,875 100 215 534,294 4,416,326 50 79 500.000 500,000 1,438,591 8,873,215 100 500 460,186 5,086,329 100 300 400,000 300,000 317,550 4,040,158 100 195 DELAWARE—National banks Ap-il 12; State institutions April 12. Wilmington— Per Central Nat Bank.. 245,987 1,660,119 100 128 210.000 Farmers’ Bank___ 500,000 1,450,304 15,650,488 50 140 Industrial Trust Co 1,250,000 315,900 2,361,067 50 61J^ Nat Bk of Delaware 110,000 207,876 1,370,834 100 200 Union National Bank 203,175 910,676 4,180.080 25 130 Delaware Trust Co.. 1,000.000 408,314 6,565,971 100 118 Equitable Trust Co 1.000,000 1,409,396 4,707,874 100 310 Security T & S D Co 1.000,000 1,301,889 7,718,954 100 265 Wilmington Trust Co 2,000,000 1,550,958 15,180,492 50 130 IDAHO—National banks April 12. share. share. 135 64 210 140 125 310 275 135 DISTRICT OF COLUMBIA—Nat. banks Apr. 12; State institutions Apr. 12. WashingtonPer share. Columbia Nat Bank. 250,000 449,437 3,842,286 100 350 Commercial Nat Bk. 1,000.000 519,435 15,426,454 100 230 H 232 Bank of Comm & Sav 100,000 0133,493 1,645,772 10 255 — Departmental Bank. 49,511 105,710 488,825 10 District Nat Bank.. 1,000,000 924,708 8,644,018 100 210 Farm & Meeh Nat.. 252,000 407,360 3,554,585 100 300 Fed’l Amer Nat Bank 1,600,000 1,018,406 12,248,507 100 z320 330 Franklin Nat Bank.. 122,328 4.370,440 100 225,000 Liberty Nat Bank__ 500,000 <2211,096 3,111,934 100 205 213 Lincoln Nat Bank__ 400,000 575,212 7,188,955 100 295 Merch Bk & Tr Co.. 1,000,000 447,126 8,581,081 100 150 158 Mt Vernon Sav Bank 160,000 145,279 3,792,413 100 Nat Bank of Wash'n 1,050,000 1,076,910 9,044,046 100 275 Nat Capital Bank__ 200,000 <2305,918 1,793,192 100 290 Nat Metropol Bank. 800,000 1,151,982 16,147,400 100 400 Riggs National Bank 2,500,000 1,917,964 38,147,927 100 449 460 Second Nat Bank__ 500,000 392,023 5,561,097 100 265 Secur Sav & Com Bk 200,000 264,668 4,843,521 100 325 Wash’ton Sav's Bk 100,000 39,121 721,204 10 260 Amer Secur & Tr Co. 3,400,000 3,289,273 30,977,601 100 384 Continental Trust Go 1,000.000 174,938 2,859,714 100 95 Nat'l Sav & Tr Co.. 1.000,000 <22,465,682 10,880,446 100 496 502 Munsey Trust Co__ 2,000,000 854,766 5,056,272 100 Union Trust Co____ 2,000,000 965,340 7,184,671 100 224 230 United States Sav Bk 100,000 226,017 2,269,083 ioo 500 Wash Ijoan & Tr Co. 1.000.000 2,141,464 14,335,590 100 497 550 FLORIDA—National banks April 12; State institutions Dec. 31. Jacksonville— Per Atlantic Nat Bank.. 2,000.000 777,572 50,125,996 100 200 Barnett N B of Jack . 1.000.000 1,324,576 32,759,982 100 300 Citizens Bank_____ 50.000 125,710 2,921,723 100 300 Florida Nat Bank__ 1.000.000 1,040,691 34,190,295 100 210 People’s Bank_____ 100,000 86,057 7,122,641 100 200 Lakeland— First National Bank100,000 dl 12,324 3,212,898 100 300 State Bk of Lakeland 150,000 103,843 3,457,227 100 200 Miami— Bk of Bay Biscayne. 1,000,000 754,043 54,517,610 100 Comm- Bk & Tr Co. 200,000 156,446 12,268,739 100 First National Bank600,000 dl,105,589 63,089,867 100 First Tr & Sav Bank. 100,000 222,928 3,942,223 100 Miami Beach First National Bank__ 100,000 <189,523 6.379.880 100 Miami Bk & Tr Co 2. 500,000 266,706 23,579,437 100 Southern Bk & Tr Co 100,000 136,428 14,714,079 100 Biscayne Trust Co_. 150,000 131,566 3,748,117 100 Trust Co of Florida. . 200,000 378,682 42,684 100 Orlando— Bk of Orange & Tr Co 200,000 277,235 2,636,013 First Nat Bk in Orlan 100,000 dl08,875 4,243,499 100 Orlando Bk & Tr Co 132,094 7,768,115 100,000 st Bk of Orl & Tr Co 100,000 140,555 8.954.378 St. Augustine— First National Bank130,000 196,283 4.821.379 100 People’s Bk for Sav. . 25,000 C98.450 1,716,198 100 st Augustine Nat Bk 50,000 76,923 3,098,327 100 The Commercial Bk. 23,034 cl ,572,937 100 30,000 St. Petersburg— Alexander Nat Bank 200,000 <172,113 3,237,785 100 American Bk & Tr Co 200,000 393,705 8,384,410 100 Cent Nat Bk & Tr Co 300,000 d554,955 12,436,563 100 First National Bank. 600,000 <2404,412 14,700,445 100 Tampa— Citizens Bank & Tr . . 1,000,000 1,285,064 33,677,799 100 Bank of Commerce.. 200.000 56,505 3.526.880 100 Exchange Nat Bank. 500,000 <2772,144 20,718,580 100 First National Bank. 1,200,000 1,322,187 20,552,008 100 First Sav & Trust Co 500,000 250,000 2,242,303 100 Nat City Bk. Tampa 500,000 <2284,964 6,107,817 100 West Palm Beach The Citizens Bank.. 100,000 143,127 5,768,431 ........... Comm- Bk & TrCo. 100,000 77,821 3,319,042 Farmers Bk & Tr Co. 100,000 914,611 16,275,319 100 2000 First Am Bk & Tr Co 300,000 303,470 12,436,176 PalmBeachBk fcTrCo 75,000 117,978 11,041,186 GEORGIA—National banks Ap'il 12; State institutions April 12. Atlanta— Per American Sav Bank. 200,000 <173,239 390,000 100 116 Atl & Lowry Nat Bk. 4,000,000 3,734,622 52,394,267 100 310 Citizens & South Bk 3,000,000 3,050,098 65,791,844 t 255 Fourth Nat Bank__ 1,200,000 2,650,255 34,277,033 100 335 Fulton Nat Bank__ 750,000 <1364,458 10,941,764 100 133 Ga Sav Bk & Tr Co.. 500,000 <1410,000 3,200,000 100 225 Atlanta Trust Co__ 1,500,000 <1653,939 5,925,273 100 140 Trust Co of Georgia. 2.000,000 1,765,879 5,174,120 100 Augusta— Per Georgia RR Bank__ 1,000,000 369,204 9,558,904 100 Citizens & South Bk. 3,000,000 3,050,098 65,791,844 t 235 Nat Exchange Bank. 400.000 232,942 3,138,020 100 103 Union Savings Bank. 100,000 <197,564 1,513,617 100 140 Columbus— Per Col Sav Bk & Tr Co. 250,000 <1230,377 3,311,294 100 150 Fourth Nat Bank__ 300,000 <1155,976 1,343,156 100 130 Home Savings Bank. 100,000 <191,000 1,507,000 100 145 Merch & Meeh Bank 200,000 <1265,000 1,750,000 100 195 First Nat Bk of Col 200.000 240,403 1,072,102 100 145 Third National Bank 500,000 566,484 2,082,406 100 150 Macon— Per Citizens & Sou Bank 3,000,000 3,050,098 65,791,844 t 245 Fourth Nat Bank 500,000 616,804 11,632,808 100 198 Macon Nat Bank__ 150,000 <1197,262 4,405,349 100 200 Macon Savings Bk 50,000 <1148,000 600,000 100 265 Savannah— Per Citizens’ & Sou Bank 3,000,000 3,050,098 65,791.844 100 255 Exchange Bank____ 250,000 <2144,934 2,165,827 100 115 Liberty Bk & Tr Co 300,000 <1600,544 4,941,957 100 180 Savannah Bk & TrCo 700,000 <1832,915 5,347,448 100 Citizens’ Trust Co_ 300,000 <191,333 1,520,289 100 ioo stock, x Ex-div. Capital. Ask. share. 250 300 225 225 350 250 1250 1225 1350 1160 ......... 2500 share. 315 260 337 138 235 145 share. 245 106 155 share. 160 13214 150 200 150 155 share. 250 200 210 300 share. 265 130 200 165 105 Boise City— Boise City Nat Bank First Nat of Idaho_ Pacific Nat Bank Surplus Gross & Profits. Deposits. S 250,000 300,000 300.000 ILLINOIS—National Banks April Aurora— Aurora Nat Bank__ 100,000 First National Bank. 100,000 American Nat Bank. 100,000 Merchants Nat Bank 300,000 Old Second Nat Bank 200,000 Aurora Tr & Sav Bk. 200,000 Chicago— Adams State Bank.. Aetna State Bank__ Albany Park Nat Bk Alliance Nat Bank.. Ashland State BankAtlas Exch Nat Bank Austin National Bk. Austin State Bank.. Beverly State Sav Bk Boulevard Bridge Bk Boulevard State S Bk BowmanvilleNat’IBk Broadway Nat Bank Bryn Mawr State Bk $ 233,237 335,002 110,289 Par. S 4,100,827 100 7,460,931 100 3,065,036 100 Bid. Ask. Nom inal 12; State institutions April 12. 317,622 233,080 310,522 257,043 316,755 206,669 2,648,746 3,875,978 2,519,596 3,219,466 2,158,167 2,519,366 100 100 100 100 100 100 435 450 335 350 375 400 200 225 150 215 226" Per share 58,662 2,266,394 200. .000 IbZ.byo 4,000,284 100 180 190 200 ,000 118,93b 3,324,631 100 165 200 ,000 205,oaz 4,234,992 100 160 200 ,000 55,657 125 135" 1,726,370 250 ,000 88,514 2,501,079 ioo 150 200 ,000 118,114 3.482.880 140 iso" 200 ,000 294,584 6,334,644 iod 225 300 ,000 43,236 1,133,621 100. 000 265,835 12.158.649 ioo 195"" ----500 ,000 33,258 1,282,084 200 .000 70,222 4,556,793 100 160 176 200 ,000 58.504 1,455,450 103 106 200 ,000 46,0e3 1,289,270 135 200 ,000 53.389 1,418,625 Binga State Bank___ ,000 200 104,731 2,678,943 175 Build & Merch St Bk 200 ,000 190,151 8,590,322 ioo 290 Calumet Nat Bank.. 300 000 118,474 4,674,725 100 180 ioo" Capital State Sav Bk 300 ,000 782,175 10,008,138 100 400 410 Central Mfg Dist Bk 500 ,000 350,371 2,079,470 235 245 Chic Lawn State Bk. 400, 000 Citizens State Bank. 500. ,000 <2435,362 8,780,820 ioo 325 335 City State Bk of Chic 400. ,000 U191,613 1,588,039 Cont & Com Nat Bk. 25,000 ,000 22,483,459 398,856,681 100 450 452 65,563 2.670.178 Columbia State S Bk 200 ,000 53,642 1,651,027 Community State Bk 200 000 467,233 11,448,751 100 200 210 Cosmopolitan St Bk. 750 ,000 91.668 4,089,858 Cottage Grove St Bk 200 ,000 17,082 1,176,504 Cragin State Bank.. 100 ,000 266,810 5,621,449 100 190 Depositors State Bk. 350 ,000 166,052 2,455,418 100 Division State Bank. 200 ,000 50,918 1,202,896 100 105 136 Douglass Nat Bank. 200 ,000 407,724 9,017,530 100 235 245 Drexel State Bank.. 350 000 538,021 15,358,304 100 214 Drovers Nat Bank . 1,000 .000 FirstEnglew State Bk 200 ,000 (7116,666 3,496,853 100 175 First National Bank- 15,000 ,000 18,880,335 246,026,647 100 537 541 660,552 7,004,453 100 415 425 First Nat Englewood 200 ,000 Foreman Nat Bank 4,000 ,000 5,084,586 73,718,722 100 450 457 131,795 3,298,81( 100 175 Fullerton State Bant. 250 ,000 236.571 6,360,075 100 190 ioo"’ Garfield Park St S Bk 500 ,000 Guardian Nat B nk 1,000 ,000 <1250,000 4,288,67( 232.195 3,612,460 ioo '235" 200 000 Halsted St State Bk 50,369 1,233,160 105 110 Hamilton State Bk. . 200 ,000 28,354 Harbor State Bank. . 100. ,000 1,110,554 58,530 2,406,316 100 Hill State Bank____ 200 ,000 Humboldt State Bk 200 .000 <2102,452 3,762,842 100 205 365,923 5,345,457 100 235 300 ,000 Hyde Park State Bk 135 145" 50,357 1,944,001 Immel State Bank.. 200, 000 56,674 1,060,466 Immigrant State Bk. 150 000 171,188 5,395,044 100 190 210 Independence St Bk. 400 000 180.195 4,543,023 100 260 Irving Park Nat Bk 200 000 35,726 1,485,292 Irving State Savs Bk 200, ,000 34,587 1,298,282 Jackson Park Nat Bk 200. 000 215 114,515 4,089,977 Jefferson Park Nat.. 250, 000 984.627 17,318,770 ioo 202 209 Kaspar Amer St Bk. 1.600 000 260 275 374,720 Kenwood Nat Bank100 300 000 5,537,245 130 135 143,022 3,875,958 500, 000 Lake State Bank___ 356,636 8,393,473 ioo 225 Lake View State Bk. 500, 000 210,178 ■ 6,102,922 100 Lawndale Nat Bank250, 000 231,904 4,869,305 100 400 Lawndale State Bk.. 500 000 81,620 3,251,104 100 135 140 Lincoln State Bank. 400, 000 81,461 3,067,631 100 Logan Sq St & SavBk 200, 000 Mad & Ked State Bk 1,000, 000 508,245 12,575,137 100 205 210 150 160 71,678 2,799,902 Mad Sq State Bank300 000 Market Trad St Bk. 400, 000 107,433 2.776.881 iod 127 132 210 156,211 2,642,606 200, 000 Marquette Pk St Bk 200. 000 Marshall Sq State Bk 56,279 1,516,875 Metrop State Bank. 200, 000 155,054 2,873,141 100 160 295 200. 000 <2133,084 4,664,909 Mutual Nat Bk of Ch Nat Bk of Republic _ 4,000 000 1,920,315 88,439,807 ioo 260 266 Nat Bk of Woodlawn 300 000 148,594 3.870.178 100 205 600 000 Nat Bk of Comm’ce. 252.759 6,472,802 100 180 187 North Ave State Bk. 300 ,000 138,182 8.967.882 100 150 Noel State Bank___ 1,000 ,000 373,824 9,179,417 100 230 200. ,000 Ogden National Bank 47,491 1,313,436 100 92 ion People’sStkY’dsStBk 1,000 000 547,437 15,380,408 100 262 270 Phillip State Bk & Tr 400 000 <2176,779 3,608,680 100 175 185 Pioneer Tr & Sav Bk 500, ,000 240,080 9,529,014 100 250 200, 000 Portage Park Nat Bk 61,789 1,244,526 190 200 ,000 Prudential St Savs Bk 208,315 3,825,886 200 ,000 Public State Bank__ 58,879 1,271,063 Reliance State Bank. 750 ,000 433.571 9,508,956 100 215 200 ,000 Roseland State S Bk. 162,869 4,670,788 100 290 Schiff Tr & Sav Bank 500 ,000 154,487 6,001,709 100 275 300 200 ,000 170 Second Citizens St Bk 55.159 2,496,769 2d N W State Bank. 200 ,000 107,685 2,746,291 ioo 170 350 .000 Second Security Bk. 311,626 5,610,099 100 ......... Security Bank-------700 ,000 535,863 8,624,470 100 *350" 200 ,000 Skala State Bank__ 43,700 1,313,444 1800 ,000 So Chicago Sav Bk_ 423,000 7,305,158 100 260 South Side Tr & Sav. 750 ,000 314.572 10,722,096 100 228 Southwest State Bk. 200 ,000 121,335 3,249,930 100 143 150 State Bk of Chicago. 2,500, 000 7,179,558 52,089,616 100 745 755 Stock Yards Nat Bk. 1,350 000 655.760 13,732,931 100 280 290 337, 500 Stk Yds Tr & Sav Bk 455 299,603 10,220,547 100 400, 000 <7236,106 3,035,686 210 220 Stony Isl State S Bk Transportation Bank 250, 000 29.504 1,954,828 ioo 26th St State Bank.. 200, 000 61.389 2,157,339 100 Union Bank of Chic. 1,000, 000 1,023,206 10.037,565 100 226 228 Union State Bkof S Ch 200, 000 122,819 3,463,605 United State Bank.. 200, 000 220,815 3,120,623 100 235 Univ St Bk of Chic.. 300, 000 137,917 2,773,497 100 150 160 Washington Pk N Bk 800. 000 356,697 12.537.649 100 226 228 W Englewood Nat Bk 200, 000 205 210 909,811 65,819 West Engl’wTr&S Bk 500, 000 376,799 5,787,136 100 325 335 W Highland State Bk 200, 000 123,510 1,191,088 West Madison St Bk 300. 000 65,417 2,105,258 West Side Nat Bank 200. 000 127 86,174 2,732,334 West Town State Bk 300, 000 206,834 5,634,678 ioo 260 ......... Amalg Tr & Savs Bk 200, 000 147,398 2,932,502 Auburn Pk Tr & S Bk 300, 000 121,849 1.141.179 Bway Tr & Savs Bk. 200. 000 150 46,382 2,115,715 Calumet Tr & Sav Bk 200, 000 175 43,044 1,498,707 Central Tr Co of Ill. 6,000, 000 4,614,442 85,831,839 ioo 320 325 Chic City Bk & Tr Co 1.090. 000 <71,349,616 8,745,664 100 390 400 Chicago Trust Oo__ 2,000, 000 1,420,876 25,166,394 100 230 235 Citizens Tr & Sav Bk 200, 000 55,094 2,651,184 100 Commerce Tr & S Bk 100, 000 3,878 1,356,041 Commonw T & S Bk 200. 000 160 84,137 2,072,381 Cont & Com Tr & SB 5,000, 000 11,945,285 99,183,514 ioo Devon Tr & Savs Bk 200, 000 120 126 58,133 1,415.594 c April 12 1926. d Dec. 31 1925. e Oct. 10 1924. g Book value. Jt New May, 1926.] IOWA—(Concluded) ILLINOIS— (Concluded). Capital. Chicago (Cancl.) Drovers Tr & Sav Bk East Side Tr & S Bk Equitable Trust Co Fidelity Tr & Sav Bk First Tr & Sav Bank Foreman Tr & S Bk Franklin Tr & S Bk Greenebaum Sons’ Bank & Trust Co_ Guarantee Tr & Sav. Harris Tr & Sav Bk. Home Bk & Tr Co.. Howard Ave T & S Bk Illinois Merch Tr Co Inland Tr & Sav Bk. Italian Tr & Savs Bk Keystone Tr & Sav. _ Kimbell Tr & S B__ Lake Shore Tr & S B Lakeview Tr & 8 B Liberty Tr & Sav Bk Lincoln Tr & Sav Bk Mercantile Tr & Sav. Mid-City Tr & S Bk. Northcenter Tr & S B Northern Trust Co.. No Shore Tr & Sav B Northw’n Tr & S Bk Peoples’ Tr & Sav Bk Pullman Tr & Sav Bk Sheridan Tr A Sav Bk South West Tr & Sav Standard Tr&Sav Bk Stockmen’s Tr&S Bk Union Trust Co___ W Sidr Tr & Sav Bk Woodlawn Tr & S Bk Elgin— Elgin Nat Bank... First National Bank Home National Bank Union Nat Bank___ Elgin City B’k’g Co. Surplus & Profits. Gross Deposits. Par. Bid. S $ 250,000 603,576 7,470,554 100 200,000 121,636 1,616,836 100 250,000 79,031 3,717,588 100 400,000 *110,573 4,764,777 100 7,500,000 10,599,686 113,088,934 100 1,000,000 1,038,369 13,133,642 100 601,024 5,471,469 100 300.000 1,500,000 1,425, 972 ,405,238 100 368, 729 ,315,436 100 300,000 4,000,000 4,523 ,470 ,725,935 100 1,000,000 693 ,440 ,260,555 100 100,000 ,072,479 32, 329 15,000,000 30,635 ,713 526,728 100 300,000 104, 346 494,244 200,000 34, ,577 ,429,007 200,000 722,466 100 67, ,691 200,000 158. 138 267,527 100 500,000 266, 448 ,735,577 100 500.000 ,488,345 100 831, 346 500,000 209, 535 ,159,377 100 219, 863 200,000 ,821,350 100 382, 591 600,000 ,669,110 100 750.000 ,548,441 100 340, 517 100,000 25, 958 265,626 2,000.000 5,612, 687 ,442,793 100 200,000 16, 671 ,402,884 1,000,000 969, 689 324,383 100 1,000,000 729, 767 ,186,685 100 500,000 432, 306 ,827,472 100 1,000.000 485, 083 512,224 100 350,000 106, 599 130.367 100 1,000,000 1,057, 236 407,937 100 200,000 205, 698 717,613 100 3.000,000 4,057, 659 155,598 100 700,000 294, 070 ,648,579 100 500.000 397, 877 574.367 100 100,000 *83,664 1,664,513 100 200,000 *183,990 2,365,145 100 150.000 314,316 2.434.511 100 100,000 *80,000 flOO.OOO 100 150,000 *252,639 2,646,468 100 Home Tr & Sav Bk. 100,000 215,250 1,885,500 100 Peoria— Central Nat Bank.. 300,000 741,387 5,301,798 100 Oommercial Nat Bk. 1,125,000 1,076,095 9,095,911 100 Dime Sav & Tr Co._ 250.000 *279,556 2,954,055 100 First National Bank 255,000 999.789 6,707,994 100 Home Sav & State.. 250.000 182,100 3,261,459 100 State Tr & Sav Bk.. 400,000 *177,498 1,935,051 100 Merchants A Ill N B 500.000 793,502 6,630,884 100 First Tr & Sav Bk.. 200.000 427,967 3,411,367 100 Quincy— (llinois State Bank_ 300.000 184,288 3,137,263 100 Quincy-R N B & Tr 500.000 *129,469 5,102,980 100 State St Bk & Tr Co 600,000 113,234 3,674,427 100 Mercantile Tr & 8 B 200,000 *133,530 2,393,609 100 State Sav L & Tr Co 1,000,000 660,879 7,525,422 100 Rockford— Commercial Nat Bk. 200,000 83,819 1,068,938 100 Forest City Nat Bk. 300.000 314,467 3,439,445 100 Manuf'rs Nat Bank400,000 502,740 3.975.512 100 Peoples Bk & Tr Co. 250,000 219,999 2,924,419 100 Rockford Nat Bank859,649 10,285,420 100 750,000 Security Nat Bank.. 200,000 101.790 2,275,003 100 Swedish-Am Nat Bk 125,000 252,276 3,115,189 100 Third National Bank 500.000 384,209 4,242,916 100 Springfield— First Nat Bank____ 500,000 *230,779 5,920,162 100 Illinois Nat Bank__ 300,000 136,021 4,796,784 100 Ridgely-Farm’s SB. 316,174 6,992,465 100 600.000 Sp'gfield Marine Bk 500,000 532,060 7,633,099 100 First State Tr & Sav 500,000 *352,124 4,971,031 100 INDIANA—-National Evansville— Citizens’ Nat Bank. Lamasco Bank____ National City Bank. Mercantile Com’l Bk North Side Bank__ Old Nat Bank ____ West Side Bank___ Am Tr & Sav Bank.. Citizens Tr & S Bk_ Farmers Trust Co.. Fort Wayne— First National Bank.. Lincoln Nat Bank.. Old National Bank_ Citizens' Trust Co__ Dime Savs & Tr Co. Farmers Trust Co.. Lincoln Trust Co__ People’s Tr & Sav Co Tri-State L & Tr Co. Indianapolis— Citizens State BankContinental Nat Bk. Fletcher-Am Nat Bk Indiana Nat Bank _ Live stock Ex Bank Marion Co State Bk. Merchants’ Nat Bk. Meyer-Kiser Bank.. People’s State Bank. Aetna Tr & Sav Co.. Bankers Trust Co_ City Trust Co.___ Farmers Trust Co__ Fidelity Trust Co__ Fletcher Sav & Tr.. Indiana Trust Co__ State Sav & Tr Co_ Security Trust Co_ Union Trust Co___ Wash Bank & Tr Co. Wild & Co State Bk Terre Haute— First National Bank. McKeen Nat Bank. Terre Haute Nat Bk Citizens Trust Co.. Terre Haute Trust.. United States Tr Co. 51 BANKS AND TRUST COMPANIES Ask. Per share. 405 135 160 145 170 250 540 265 425 270 275 595 135 601 145 140 185 225 350 218 200 200 235 150 275 225 225 240 473 335 300 250 240 140 223 190 386 255 255 350 350 350 355 195 130 300 355 Per 175 135 135 170 190 ......... 1 ......... 1 ......... 1 ____ I ____ I ......... 1 345 ____ 250 230 200 390 260 265 360 355 355 360 200 135 310 360 share. 200 140 150 175 200 125 225 210 200 275 140 250 ......... 1 185 Per share. banks April 12; State institutions April 12. Per 500.000 r524,449 11,671,355 100 240 100,000 60,000 1,346,649 100 170 500,000 271,967 7,013,736 100 200 200,000 63,780 1,932,856 100 115 100,000 37,760 1,641,545 100 100 500.000 298,320 7,667,534 100 200 250,000 226,120 4,704,673 100 180 250,000 189,498 2,869,353 100 200 100,000 r524,449 11,671,355 100 240 100,000 8,112 383,404 100 75 Per 1,000,000 572,071 13,236,056 100 220 300.000 *408,154 6,850,309 100 280 500,000 673,770 8,169,736 100 310 300,000 *245,103 4,833,449 100 200 225,000 64,530 2,114,859 100 140 200,000 51,191 1,587,579 100 140 500,000 276,994 5,284,720 100 190 200,000 *466,836 5,255,207 100 3<0 500,000 *827,622 13,772,566 100 350 share. 175 225 120 100 225 200 225 Capital. Cedar Rapids— Oed Rapids Nat Bk Ced Rap SBk&Tr Co Iowa State Sav Bk.. Merchants’ Nat Bk. People’s Sav Bank.. Security Sav Bank.. Amer Tr & Sav Bk.. 500,000 200.000 200,000 500,000 100.000 200,000 200.000 Council Bluffs— City National Bank. Commercial Nat Bk. Coun Bluff Sav Bk._ First National Bank. State Savings Bank. 120,000 100,000 150,000 200,000 50,000 Davenport— Amer Com & Sav Bk First National Bank. Home Savings Bank. Iowa National Bank Scott Co Sav Bank. . American Trust Co. CTnion Dav T & 8__ Citizens’ Tr & S Bk. Des Moines— Bankers Trust Co__ Cap City State Bank Central State Bank.. Des Moines Nat Bk. Des Moines S B & Tr Home Savings Bank. Iowa Trust & Sav Bk Iowa National Bank. Mechanics’ Sav Bank People’s Sav Bank.. University State Bk. Valley Nat Bank.__ Valley Sav Bank___ Central Trust Co__ Iowa Loan & Tr Co_ Dubuque— Consol Nat Bank__ First National BankPioneer Tr & Sav Bk Union Tr & Sav Bank Iowa Trust & Sav Bk Sioux City— First National BankLive Stock Nat Bank Toy Nat Bank_____ Sioux Nat Bank____ Security Nat Bank.. Woodbury Co Sav Bk Farmers’ L & Tr Co. First Trust & S Bk.. 1,000,000 400,000 50,000 150,000 500.000 100.000 800,000 150,000 1,000.000 150.000 250.000 1,000.000 400.000 100.000 100,000 1,200,000 100,000 100,000 50,000 500.000 150.000 500.000 500,000 500,000 200.000 150,000 150,000 300.000 1,000,000 200,000 200,000 400,000 250,000 100,000 100,000 100,000 Surplus & Profits. Gross I Deposits. Par. Per share. $ *393,557 12,330,243 100 235 250 243,870 3,482,869 100 190 200 *67,846 2,858,591 100 180 200 *588,774 12,746,027 100 300 350 *44,630 2,005,362 100 125 150 *162,062 3,193,884 100 225 250 175,517 3,303,979 100 267 275 Per share. 107,181 2,242,134 100 8,362 923,356 100 225,547 3,945,934 100 130,247 3,727,597 100 170,400 3,562,908 100 Per share. 1,109,108 22,634,904 100 393,720 5,528,327 100 73,182 1,229,167 100 210,435 4,619,234 100 *140,735 6,416,514 100 461,411 100 147.235 *880,203 12,716,491 100 *105,404 1,445,113 100 No minal prices 300,888 4,859,002 100 126.235 3,211,298 100 276,280 8,094,511 100 423,629 17,032.456 100 221,092 8,514,312 100 66,945 2,193,964 100 47,835 1,774,441 100 1,036,672 16,680,303 100 ®38,423 1.589,577 100 Clos ed 304,521 4,561,045 100 *17,522 442.173 100 277,306 5,177,935 100 234,238 3,194,628 100 698,670 *168,878 553,233 8,135,590 100 Per share 132,102 5,628,584 100 150 160 307,812 4,667,082 100 250 260 *95,000 1,250,000 100 ____ I 175 307,026 3,580,245 100 200 225 C257.094 2,757,022 100 175 200 Per share 283,540 10,320,128 100 120.209 3,681,308 100 132,611 4,727,046 100 164.210 4,916,829 100 310,913 5,089,123 100 224,712 3,533,838 100 *274,637 3,898,798 100 29,317 1,068,170 100 KANSAS—National banks April 12: State institutions April 12. per Kansas City— 255,140 7,421,550 190 Commercial Nat Bk. 600,000 200.000 : 103,299 2,565,537 100 200 Exchange State Bank 115,504 1,379,041 100 Commerc’l State Bk. 100.000 77,852 2,944,052 100 160 People’s Nat Bank.. 200,000 Riverview State Bk. 100,000 : 157,287 2,621,650 100 210 Topeka— 149,543 5,329,585 100 500.000 Central Nat Bank__ 21,874 1,190,885 100 Farmers’ Nat Bank. 100.000 13,391 1,978,593 100 Fidelity Sav State Bk 200,000 516,313 100 28,475 Kaw Valley Nat Bk. 100.000 149,249 4,142,407 100 ........... Merchants Nat Bk. 200,000 292,252 6,276,321 100 500,000 Nat Bank of Topeka . 728,988 100 60,000 35,435 Shawnee State Bank. 166,353 2,030.857 100 State Savings Bank. 100.000 Topeka State Bank_ 50,000 50,529 1,797,039 100 Central Trust Co__ 400.000 163,959 1,740,627 100 Wichita— First National Bank. 1,000.000 1,037,173 16,353,390 100 275 300,000 100 First Trust Co_____ 100.000 95,000 Fourth Nat Bank__ 1,000,000 417,395 11,373,221 100 160 100,000 75,000 1,660,000 100 125 Merch State Bk___ State Reserve Bank. 500,000 104,457 3,668,954 100 200,000 Southwest Nat Bank 46,173 1,355,481 100 loo" 40,004 1,121,329 100 125 200,000 Union Nat Bank.__ Union Stock Yds Nat 100,000 606,850 100 17,980 100,000 Wichita State Bank. d33,599 2.192,296 100 225 sha 200 175 ........ 290 175 200 90 125 150 110 100 KENTUCKY—National banks April 12; State institutions March 29. share. 230 Per shaie Covington— 285 284,338 2,593.991 100 190 250 Citizens’ Nat Bank . 200,000 320 581,267 5,901,924 100 185 210 First Nat Bk & Tr Co 500,000 210 Liberty Nat Bank__ 350,000 254,876 4,437.806 100 126 130 150 1,871,962 100 175 180 Covington S B & Tr. 165,511 100,000 150 People’s S Bk & Tr.. 160,684 1,817,527 100 115 120 100,000 Per share 200 Lexington— 340 299,769 2,874,191 100 160 165 Bank of Commerce.. 300,000 360 Fayette Nat Bank300,000 *325,001 2,739,837 100 190 200 First & City Nat Bk. 800,000 *450,000 3,258,778 100 190 192 100,000 69,766 1,011,008 300.000 50,000 3,000,000 100 130 135 Guaranty Bank & Tr 400.000 219,338 4,698,821 100 110 Phoenix Nat Bk & Tr 1,000,000 *512,678 4.576.080 100 160 165 3,000,000 751,851 30,338,819 100 155 Second Nat Bank 150,000 *249,803 1,218,213 100 225 230 2,000,000 2,368,356 26,079,055 100 259 267 Union Bank & Tr Co 150,000 89,817 1.881,135 100 270 275 200,000 896,528 100 160 170 113,448 Security Trust Co__ 500,000 168,013 2,682,512 100 400 50,000 Per share 36,141 1,331,464 Louisville— 1.250,000 1,882,280 11,302,561 100 315 Citizens’ Union N B. 1,000,000 2,029,401 27,089,247 100 418 200.000 t----- First National Bank 478,166 6,624,200 100 500,000 680,295 11,610,690 too 550 125,000 167,835 3,022,894 100 245 Liberty Ins Bank__ •500.000 1,140,316 16.668,752 100 520 625 250,000 58,869 1,929,248 100 112 Security Bank _ 300,000 336,214 2,252,924 100 240 250,000 154,574 3,197,267 100 129 Kent Tit B & T Co. . f/250.0001 832,601 4,782,976 1100 250.000 71,424 2,099,675 100 141 1100 90 tolOO.OOOJ 300,000 232,854 1,484,767 100 245 Lincoln Bank & Tr_. 750,000 305,566 7,121,398 100 159 100.000 110,000 2,041,799 100 154 Louisv Nat Bank. _ 500,000 520,860 8,515,204 100 220 1,500.000 *1,448,409 18,641,475 100 242 Nat Bk of Kentucky. 2,500,000 4,824,293 43,384,648 100 357 366 1,000,000 1,145,234 11,042,858 100 225 Stock Yards Bank__ 100,000 932,501 100 187 200 *77,703 375,000 22,172 1,772,144 100 100 103 Bankers Trust Co _ . 250,000 28,030 678,231 100 114 200.000 327,584 4,350,040 100 235 215 Fidelity & Colum Tr. 2,000,000 *1,320,020 4,949,924 100 600.000 1,755,673 7,387,825 100 347 390 Louisville Trust Co. . 806,100 436,334 5,246,123 100 240 100,000 71,710 2,218,140 100 150 United States Tr Co. 350,000 *195,483 1,390,534 100 150 Per share 100,000 t—136,156 5,730,084 100 Newport— No minal prices American Nat Bank. 100,000 *183,402 1,490,127 100 220 225 700.000 457,008 3,767,948 100 170 185 Newport Nat Bank. . 100,000 347,989 2,241,406 100 200 ......... 500,000 609,610 3,005,345 100 210 215 300,000 328,689 2,876,542 100 210 225 LOUISIANA—National banks Ap~il 12; State institutions April 12. 400,000 *157,293 2,046,231 100 135 150 500,000 775,239 7,928,294 100 285 Per share New Orleans— 500,000 363,319 4,513,037 100 165 171 American Bank & Tr 500,000 *338,175 7,845,713 Canal Bank & Trust IOWA—National banks April 12; State institutions April 12. Co______________ 4,750,000 *3,252,115 77,869,731 100 267 275 Burlington— Int-State Tr & B Co. 750,000 *1,070,556 15,859,396 100 327 ----N'i'uin 144 New Orl Bk & Tr Co. 1.200,000 *380,520 7,864,656 Amer S Bk & Tr Co. 300.000 *622,281 4,505,990 100 300 315 Burlington Sav Bk__ Marine Bk & Tr Co. 2,000,000 1,241,196 24,665,452 100 192 193 100,000 €133,727 2,459,385 100 200 210 Whitney-Cent NB... 2,800,000 5,206,878 63,117,929 100 337 Farmers & Merch S B 50,000 *47,074 1,281,775 100 150 Hibernia Bk & Tr Co 2,000.000 *2,705,828 62,169,658 106 353 ----First Iowa State Tr Whitney-Cent Tr & Sav Bk_________ 600,000 656,621 9,602,565 100 200 210 ____ Merchants' Nat Bk . Savings Bank. 100.000 1,000.000 5,206,878 63,117,929 107,254 2,215,990 100 200 210 ♦ Sale price. J Private banks, stocks closely held, a Includes one-half share of Kent Title S. B. A Tr. com. stock, r Unified includes CitizensUnion Fid. & Col. Tr. d Sept. 28 1925. e Sept. 8 1925. * Dec. 31 1925. r Consolidated statement. sDec.101926. t Includes trust deposits, v April 6 1925. x Ex-div. y Last sale. t 58 LOUISIANA (Concluded) Capital. Surplus & Gross Profits. Deposits. Shreveport— American Bk & T Co 150.000 American Nat Bank300,000 City Sav Bk & Tr Co 500.000 Commercial Nat Bk. 1,000,000 Exchange Nat Bank300.000 First National Bank. 1,000,000 Contin’l B & Tr Co.. 300.000 MAINE—National banks April 12; Bangor— $ First National Bank400.000 Merchants’ Nat Bk. 100,000 Eastern Tr & Bkg Co 175,000 Merrill Trust Co.__ 500,000 Portland— Canal Nat Bank___ 600,000 Chapman Nat Bank300,000 First National Bank. 600,000 Portland Nat Bank.300,000 Fidelity Trust Co__ 400,000 Casco-Mercantile Tr 500.000 Forest City Tr Co__ 150,000 Union 8 D & Tr Co.. 250,000 U 8 Trust Co 200,000 , MASSACHUSETTS—(Concluded) Par. $ J ■ $ 52,292 1,172,861 100 96,954 2,517,055 100 556,705 7,913,533 100 613,545 16,145,120 100 60,244 3,356,248 100 565,958 11.602,901 100 210,432 4.754,014 100 Bid. Ask. Per share 155 160 150 160 320 325 220 230 90 100 320 325 225 235 State institutions Dec. 31 • 436,568 6,879,733 255,783 2,780,696 939,895 7,182,321 469,835 10,953,960 631,205 3,919,227 265,489 5,859,706 606,817 8,812,826 915,510 9,838,035 980,699 14,724,479 500,000 12,428,715 49,229 1,433,437 420,137 756,678 200,000 3,412,946 MARYLAND—National banks April 12; State institutions Baltimore— Balt Comm’l Bank.. 750.000 370,281 10,560,172 Calvert Bank______ 200,000 r.327,701 7,433,567 Canton Nat Bank__ 1)5,000 3,000,000 100,000 Citizens' Nat Bank.. 3,000,000 5,566,043 30,301,784 Chesapeake B of Balt 50,000 146,763 2,587,129 Commonw’lth Bank. 300,000 251,629 7,898,503 Drov & Mechanics’ National Bank__ 600,000 1,106,144 15,852,366 Farm & Mer N Bank. 446,998 7,179,539 650,000 Mercantile Bank___ 200,000 (T19.270 3,745,849 Merchants Nat Bank 4,000,000 2,881,226 47,979,250 Nat Bank of Balt__ 1,500.000 rl,.341,614 19,672,231 Nat Cent Bk of Balt. 400,000 579,263 4,088,813 Nat Marine Bank__ 400,000 ("325,709 5,115,818 Nat Un Bank of Md 1,000,000 r984,670 10,639,663 Old Town Nat Bank. 800,000 ("363,787 3,777,478 Park Bank________ 500,000 383,838 4,068,116 West Baltimore Bank 100,000 132,542 1,760.142 Western Nat Bank_ 750,000 819,063 5,734,826 Baltimore Trust Co. 3,500,000 4,159,280 51,479,152 Century Trust Co__ 500,000 709,813 5,572,619 Colonial Trust Co__ 300.000 231,694 2.104,502 Commerce Trust Co. 750,000 325,053 2,204,550 Continental Tr Co.. 1.350.000 1.901,798 12,728,535 Equitable Trust Co. 1.250.000 1.455,595 18,987,600 Fidelity Trust Co__ 1.000.000 2,353,502 16,924,880 Maryland Trust Co. 1,000,000 737,568 9,174,756 Mercantile Tr & Dep 1,500,000 3,848,511 19,690,079 Safe Dep & Trust Co 1,200.000 4,180,603 21,180,522 Security Storage &Tr 200.000 259,154 1,234,808 Titie Guar & Tr Co.. 400.000 638,882 8,074,840 Union Trust Co____ 1,000.000 1,521,028 22,299,757 Frederick— Citizens’ Nat Bank.. 100,000 787,730 6,133,959 Comm’l State Bank. 160,000 89,887 2,552,183 Farm & Meeh N Bk. 125.000 336,579 3,183,503 Frederick Co Nat Bk 150,000 80,109 2,040,493 Fr’k Town Sav Inst. 150,000 250,238 3,094,586 Central Trust Co 275.000 575,991 7,759,306 100 100 100 100 Per share 85 280 400 280 320 100 100 100 100 100 100 100 100 100 125 140 132 300 240 160 90 300 155 130 150 138 350 260 180 100 350 165 Mar. 4 100 50 100 10 25 50 100 40 25 10 100 100 30 100 10 10 25 20 50 100 25 50 100 25 50 100 50 100 100 100 50 Per share 140 145 145 200 47 48 50 110 400 64 50 26 235 247 54 200 13 27 50 40 136 155 46 58 235 62 135 195 400 1030 300 n 400 220 27 14 30 42 138 157 60 240 72 200 415 1040 100 900 40 62 25 75 15 2114 100 200 50 175 MASSACHUSETTS—Nat. banks (exet ■ Boston) Apr. 12; State insts Apr. 12. Boston— Deposits of Nat. banks date Apr. 28 1926 Per share Atlantic Nat Bank.. 6.000.000 4,909,591 111,801,000 100 251 255 Boston Nat Bank__ 400.000 133,652 2,929,000 100 140 Brotherhood of Loco Engin Nat Bank.. 500 .000 110 880 ,413,498 100 100 110 Citizens' Nat Bank. 750 .000 040,000 100 120 130 613 340 Oomm Sec Nat Bank 500 .000 ,274,000 100 170 175 403 560 Federal Nat Bank__ 1.500 ,000 ___ 186 814 710,000 100 105 108 First National Bank. 20,000 ,000 24,215 568 ,638,000 100 355 360 Merchants’ Nat Bk_ 3.000 ,000 6.237 495 ,067,000 100 365 370 Nat Rock Bk of B OS | 1 000 ,000 2,654 070 ,482,000 100 430 Nat Shawmut Bank. 10.000 .000 8.237 626 ,128,000 100 260 265 Second Nat Bank__ 2,000 ,000 4.397 490 ,528,000 100 400 Web & Atlas N Bk_ 1,000 .000 1.397 802 202,000 100 245 250 American Trust Co.. 1.500 ,000 >"2,768 681 094,445 100 415 Bk of Comm & Tr Co 600 ,000 151 699 ,949,011 100 *250 260 Beacon Trust Co___ 1.500 ,000 2,388 669 ,569,595 100 290 Boston S Dep & Tr.. 1,000 ,000 3,996 250 609,323 100 460 Charlestown Tr Co.. 200 ,000 24, 711 370,133 100 165 175 Columbia Trust Co .. 100 ,000 rll8 733 ,944,932 100 175 185 Exchange Trust Co . . 1,000 .000 1,030 625 ,805.912 100 195 Jamaica Plain Trust 200 .000 73 324 ,282,700 100 125 Liberty Trust Co__ 750 .000 769 581 ,222,939 100 214 New Eng Trust Co.. 1,000 ,000 3,045 817 ,100,819 100 Old Colony Trust Co 12,000 ,000 14,317 125 ,939,429 100 320 325 Roxbury Trust____ 200 .000 r24 574 105 ,409,392 100 State Street Tr Co_ 3,000 ,000 3,737 255 ,953,456 100 280 U 8 Trust Co______ 1.000 ,000 ol,267 053 ,277,892 100 500 Winthrop Trust Co .. 100 ,000 rl04 333 224,719 100 Beverly— Beverly Nat Bank_ 300,000 415,817 3,302,974 100 155 160 Beverly Trust Co__ 100,000 49,150 1,248,669 100 130 140 Brockton— Per share Brockton Nat Bank. 600,000 694,590 8,'519,974 100 200 Home Nat Bank___ 500,000 567,201 8,698,212 100 *181 Plymouth Co Tr Co. 200,000 100,114 c3,695,045 100 125 Cambridge— Per share Cambridge Trust Co 100,000 ("280,283 5,473,849 100 Central Trust Co__ 500,000 1,693,674 13,450,730 100 Harvard Trust Co__ 500,000 990,584 11,613,026 100 East Cambridge Per share Ijechmere Nat Bank100,000 171,229 1,995,340 100 225 rail RiverPer share Fall River Nat Bank 400,000 467,854 6,295,001 100 185 Massa soit-Pocasse National Bank__ 650.000 654,919 5,515,459 100 150 155 Metacomet Nat Bk. 500.000 480,341 3,057,277 100 122 Durfee Trust Co___ 800.000 858,073 6,035,861 100 210 Fall River Trust___ 200,000 104,793 3,002,680 100 105 Fitchburg— Per share Fitchburg Bk&Tr Co 500,000 592,325 4,650,080 100 160 165 Safety Fund Nat Bk 500,000 634,267 6,201,561 100 170 175 Gloucester— Cnpe Ann Nat Bank Gloucester Nat Bank Giouces S D TrCo.. [Vol. 122 BANKS AND TRUST COMPANIES 150,000 100.000 200,000 223,545 121,536 239,017 2,983,013 100 1,616,121 100 4,730,466 100 160 A120 225 Capital. Surplus & Gross Profits. Deposits. Par. Haverhill— Essex National Bank First National Bank. Haverhill Nat Bank. Merrimack Nat Bank Haverhill Trust Co_ $ 100.000 200.000 200.000 240,000 200,000 $ 8 346,682 3,301,373 270,852 3,652,050 781,616 2,982,888 343,599 2,146,452 142,144 c3,683,749 Holyoke— City National Bank. Holyoke Nat Bank.. Park National Bank. Hadley Falls Tr Co_ 500.000 400,000 100,000 500,000 ("327,000 4,600,000 ("204,621 8,297,130 ("144,970 1,930,079 432,356 c9,772,533 Lawrence— Bay State Nat Bank. Arlington Trust Co.. Lawrence Trust Co._ Merchants’ Trust Co 600.000 200.000 200.000 300,000 Lowell— Appleton Nat Bank. Ola Lowell Nat Bank Union National Bank Wamesit Nat Bank. Lowell Trust Co___ Middlesex Nat Bank 300,000 200.000 350.000 250.000 240,000 200,000 Lynn— Central Nat Bank__ Manufac’rs Nat Bk. National City BankState National Bank Essex Trust Co____ Lynn S Dep & Tr Co Sagamore Trust Co. Security Trust Co__ 200.000 200,000 300,000 200.000 250,000 100.000 125,000 200.000 New Bedford— First National Bank. 500.000 Merchants’ Nat Bk. 1,000,000 Safe Deposit Nat Bk 500,000 Peabody— Warren Nat Bank__ 200,000 Salem— Merchants Nat____ 200,000 Naumkeag Trust Co. 250,000 Salem Trust Co 200,000 Springfield— Chapin Nat Bank__ 500,000 Chicopee Nat Bank. 500,000 Springfield Nat 500.000 Third National Bank 1,000,000 Commercial Tr Co 350.000 Springfield S D & ’_. 500,000 Union Trust Co___ 500,000 West Springfield Tr. 150,000 Taunton— Machinists’ Nat Bk. 200,000 Brlston County Tr.. 300.000 Worcester— Mechanics’ Nat Bk.. 400,000 Merchants’ Nat Bk. 1,500,000 Bancroft Trust Co.. 300,000 Worcester Bk& Tr Co. 1,500,000 100 100 100 100 140 150 132 165 Per 300,900 5,075,463 100 ("202,792 7,522,639 100 379,745 10,737,675 100 486,254 8.079,859 100 200 Per 322,304 2,025,943 100 140 328,472 5,146,057 100 120 990,965 4,946,540 100 275 758,326 100 120 191,975 171,858 3,637,512 100 110 167,286 4,468,155 100 130 Per 642,108 5,870,080 100 255 316,544 4,798,560 100 150 330,108 5,472,402 1(H) 165 41,964 1,532,372 100 90 505,205 3,111,593 100 197)4 508.364 4,191,411 100 370 33,889 cl ,724,680 100 95 395,170 c8,278,083 100 22734 Per 954,680 11,620,889 100 290 1,907,337 9,362,646 100 350 844,336 7,622,399 100 290 256,429 316,447 467,611 ("53,196 571,227 1,026,553 1,167,036 1,939,071 167,829 1,682,820 1,789,396 rl50,639 ("201,038 220,859 794,577 699,747 110,244 2,068,312 Per 2,459,733 100 120 Per 4,355,145 50 87 5,779,484 100 175 2,060.055 100 7,398,630 11,840,528 13.038,160 17,490,842 3,788,635 10,006,850 14,250,694 1.858,240 Ask. Per share. 100 150 150 100 100 100 150 115" 100 100 100 100 100 100 100 100 100 158 258 275 390 100 450 600 148 Per 155 share. 200 150 180 — share 145 130 280 125 115 145 share. share. 305 375 305 share. 120 share. 87 175 100 160 280 400 550 share. 1,435,254 100 4,738,745 100 120 120 Per share. 16,541,077 100 250 25,594,008 100 185 3,593,522 100 110 33,931,410 100 280 ......... MICHIGAN—National banks April 12; State institutions April Bay City— Bay City Bank____ 286,334 4,618,278 100 350,000 Bay County Sav Bk. 292,594 6,220,919 100 400.000 Farmers’ St Sav Bk. ("72,381 1,420,289 100 100.000 First National Bank. 426,184 5,365,878 400,000 People's Commercial & Savings Bank.. 840,204 9,729,824 100 400,000 Detroit— American State Bank Bank of Detroit.__ Central Savgs Bank. Commercial St S Bk. Com’wealth Federal Savings Bank___ Detroit Savings Bank Dime Savings Bank. First National Bank. First State Bank.__ Griswold Nat Bank. Highland Pk StateBk Merchants’ Nat Bk. Mich St Bk of Detr.. Nat Bk of Commerce Peninsular State Bk. People’s State Bank. United Savings Bank Wayne Co Ho SavBk American Trust Co.. Bankers Trust Co__ Detroit Trust Co___ Fidelity Trust Co__ Guardian Trust Co.. Guaranty Trust Co_ Security Trust Co__ Union Trust Co____ Bid. 821,706 31,588,039 2,000,000 880,159 c44,393,350 2,000,000 1,000,000 «7,368,497 0136173125 1,000,000 ("236,812 c7,715,403 750 000 ("279 ,361 cl 1,179,625 1,500 000 2,526 ,242 e38,826,917 1.500 000 3,394 ,047 58,875.790 5,000 000 a7,368 497 0136,173125 909 350 21,126,674 2.500 000 2,000 000 1,047 ,981 9,471,173 1,000 000 1,650 ,580 c28,708,116 2,000 000 1,820 ,033 26,105,731 64 ,909 3,267,369 250 000 2,000 000 3,085 ,316 56,342,941 2,500 000 1,985 ,520 c49,111.755 5.000 000 11,856 ,394 cl50177,503 1.000 ,000 ("287 ,877 cl3,328,967 4.000 ,000 8,906 ,655 cl 11035,998 98 ,062 gl ,404,763 500 ,000 605 ,118 (760,838 500 000 2,000 ,000 5,793 ,442 (717,474,265 500 000 481 ,131 (77,117,913 1,000 ,000 1,000 ,000 (76,645.915 357 ,645 (71,217,508 300 ,000 1,000 ,000 2,424 ,939 (79,147,136 2,000 000 2,273 ,389 (727,774.744 100 100 100 100 100 108 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 Grand Rapids— Industrial Bank___ 70,618 2,445,898 100 50,000 Grand Rap Nat Bank 1,000,000 769,150 17,633,702 100 Grand Rap Sav Bank 802,604 c22,787,293 100 500,000 Home State Bk for S. 112,408 c4,590,435 100 250,000 Kent State Bank___ 1,000,000 1,003,727 c20,942,388 100 Old National Bank.. 800.000 1,275,729 14,205,522 100 644,732 Grand Rapids Tr Co. (7879.166 100 600,000 Saginaw— Bank of Saginaw___ 1.000,000 1,187,921 17,157,370 100 254,924 5,228,539 100 American State Bank 200,000 People's Sav Bank_ 114,654 3,007,559 100 100.000 Second Nat Bank 1.250.000 1,553,741 12,308,186 100 12 Per share. 170 200 150 175 225 Per 200 148 300 120 300 140 335 385 325 150 142 400 300 233 315 share. 202 150 305 125 335 155 400 265 550 235 500 104 402 335 200 400 475 500 Per share. 5C0 200 375 200 300 285 215 230 Per share. 225 250 240 250 MINNESOTA—National banks April 12; State institutions Apr. 12. Per share. Duluth— Amer Exch Nat Bank 2,000,000 1,422,478 13,183,408 100 190 Bank of Comm & Sav ("53,200 900,000 100 200,000 City National Bank. 526,738 5,094,765 100 210 500,000 Duluth Nat Bank__ ("87,140 1,826,068 100 150 200,000 First National Bank. 2,000,000 2,204,699 17,886,087 100 225 Minnesota Nat Bank of Duluth__ 166,116 3,376,211 100 130 600,000 496,636 5,837,131 100 200 Northern Nat Bank. 1,000.000 ♦ Sale price, t Ex-rights. J Defalcation $70,000. a Consoidated statement, c Includes savings deposits. d State Street Trust Co. paying 267 34 per share for National Union Bank stock. g Includes trust deposits. i Stock practically all held by Union Safe Deposit Trust Co. ” & " m " I Last sale. n Nominal. • Sept. 28 1925. r Dec. 31 1925 s April 12 1926. x Ex-dividend May, MINNESOTA (Concl.)—National banks Apr. 12; State institutions Apr. 12. Capital. Minneapolis— Bankers Nat Bank.. First National Bank. Hennepin Co Sav Bk Marquette Nat Bank Mercb & Mfrs St Bk. Metropol Nat Bank. Midland Nat Bank . Minneapolis Trust Co Northwest Nat Bank Union State Bank__ Marquette Trust Co. Minn Loan & Tr Co. $ 250,000 5.500,000 500,000 200,000 100,000 500.000 1,000,000 1,000,000 4,000,000 100,000 200,000 1.000,000 Surplus & Profits. ® dl74,033 5,453,169 328,681 e34,000 e25,000 253,275 697,082 1,188,713 2,570,641 e56,282 e72,810 1,743,201 Gross Deposits. Par. Bid. $ 1,784,304 86,925,988 10,623,049 1,500,000 1,433,990 11,396,716 19,258,518 16,112,432 76,164,264 1,912,593 2,095,747 16,730,239 100 100 100 100 100 100 100 100 100 100 100 100 245 250 135 178 250 175 142 185 230 240 200 200 share. 200 260 125 175 175 150 110 90 MISSISSIPPI—National banks April 12; State institutions April 12. Per share. Jackson— 352,539 4,732,398 100 200,000 Capital Nat Bank__ 68,560 1,257,314 50,000 Citizens Sav Bk & Tr 351,949 3,366,565 100 First National Bank. 200,000 102,399 3,447,008 100 200,000 Jackson-State N Bk. 794,893 7,705,304 Merch Bank & Tr Co 450,000 150,000 100,000 300,000 250,000 100,000 100,000 e32,425 e56,000 263,608 309,711 110,021 129,738 MISSOURI—National banks April 12; State Kansas City— 471,385 100.000 City Bank of K O__ 61,447 500,000 Columbia Nat Bank 218,919 500,000 Liberty Nat Bank__ 220,845 600,000 Drovers' Nat Bank.. First National Bank 1,000,000 3,636,735 107,024 200,000 Gate City Nat Bank. 959,794 500.000 Interstate Nat Bank. 23,954 100,000 Linwood State Bank. 69,766 100.000 Main St State Bank. 115,277 200.000 Merchants’ Bank__ 143,049 100,000 Metropolitan Bank. . 150,000 100,000 Missouri Sav Assn Bk 59,070 100,000 Mutual Bank____ 655,744 New Eng N Bk & Tr 1,000.000 125,077 100,000 Produce Exch Bank 133,552 200,000 Traders' Nat Bank.. 194,797 300.000 Stock Yards Nat Bk. 17,180 200,000 Union State Bank__ 172,360 250,000 Western Exch Bank. 77,224 100,000 Westport Ave Bank. Commerce Trust Co. 6,000.000 2,429,115 47,420 200,000 Federal Trust Co__ 974,648 Fidelity Nat Bk & Tr 2,000,000 181,272 300,000 Home Trust Co__ 134,787 200.000 Mercantile Trust Co. 78,381 500,000 Peoples Trust Co__ 393,404 267,500 Pioneer Trust Co__ 278,971 250,000 Fidelity Savs Tr Co. 208,408 250,000 Walton Trust Co.__ St. Joseph— American Nat Bank. Burnes Nat Bank__ First National Bank. St Jos Stock Yds Bk. Tootle-Lacy Nat Bk. Bartlett Trust Co.. Buchanan Co Tr Co. Empire Trust Co.__ First Trust Co___ Missouri Vail Tr Co. St. Louis— Baden Bank_____ Boatmen’s Nat Bank Bremen Bank___ Cass Avenue Bank.. Cherokee Nat Bank. First National Bank. Franklin Bank_____ Grand Ave Nat’l Bk. Internat Bank St L_ Jefferson Bank... Jeff-Gravois Bank.. Lafayette So Side Bk Lowell Bank____ Manchester Bank__ Merch Laclede Nat.. Nat Bank of Comm. Natural Bridge Bank National City Bank. Scruggs, Vandervoort Barney Bank__ Sec N B S Trust Co. South'n Com & Sav. St Louis Nat Bank.. State National Bank Tower Grove Bank.. Twelfth St Nat Bank United States Bank Water Tower Bank.. American Trust Co. Broadway Sav Tr Co Chouteau Trust Co.. City Trust Co_____ Easton-Taylor Tr Co Farm & Merch Tr Co Laclede Trust Co__ Liberty Cent Tr Co. Lindell Trust Co___ Mercantile Trust Co. Miss Vail Trust Co_ Mound City Tr Co.. North St Louis Tr Co Northwest’n Tr Co. Savings Trust Co.. South Side Trust Co Webster Groves Tr_ 200.000 200,000 500,000 350,000 200.000 100,000 100.000 200.000 100,000 100,000 e321,022 183,085 523,562 el65,897 215,624 el95,781 e3,416 e80,912 157,567 el46,346 1,022,533 360,000 2,558,860 1,820,149 2,926,179 2,438.302 tPer 25 105 165 250 210 225 institutions April 12. Per 7,221,930 100 500 3,687,760 100 95 5,893,329 100 150 8,720,203 100 133 47,514,874 100 675 4,254,398 100 200 9,006,606 100 350 1,074,378 100 125 2,022,347 100 140 2,675,239 100 225 3,551,107 100 175 4,396,145 100 1000 1,929,133 100 125 13,495,179 100 150 2.264,827 100 300 5,312,990 100 200 3,635,737 100 225 1,978,618 100 160 2.838.281 100 200 1,703,099 100 200 97,427,836 100 198 1,989,271 100 90 28,615,227 100 185 6,723,686 100 175 2,370,069 100 350 5,724,178 100 175 3,623,775 100 250 5.253.281 100 180 1,168,546 100 200 Per 8,169,835 100 350 4,048,620 100 5,637,328 100 175 4,037,343 100 6,436,078 100 2,948,285 100 200 823,971 100 110 2,288,2’7 100 150 2,495,622 100 175 1,55’ ,722 100 175 el49,665 2,107,893 961,239 24,997,903 o830,555 9,240,497 e281,099 4,637,333 e24,268 819,000 7,172,323 139,462,806 e510,401 12,775,867 c40,197 5,153,460 287,953 8,012,021 276,386 4,537,585 el75,086 4,057,378 el ,252,128 26,289,852 el56,611 3,688,732 257,148 5,584,129 1,958,254 23,385,610 4,251,793 77,264,957 e60,512 1,683,910 e341,181 18,200,416 e85,000 2,500,000 200,000 168,660 6,183,710 250.000 142,459 3,421,1.32 200.000 e47,418 2,248,787 200,000 2,000,000 1,035,609 18,554,531 400,000 6205,827 7,774,025 e52,447 1,701,632 300,000 1,000,000 e566,261 8,621,097 200,000 el01,683 1,452,283 598,341 15,450,486 1,000.000 e92,741 2,185.533 200,000 200,000 el 07.100 1,709,909 <192,957 1,947,780 200,000 200,000 e64,936 1,727,063 400,000 6302,325 5,409,731 200,000 115,404 2,015,723 3.000,000 e676,514 29,861,697 200.000 el 17,584 1,325,628 3,000.000 e7,789,296 65,274,426 3,000,000 4,785,228 40,723,266 200,000 e62,038 2,470,061 200,000 o86,291 2,842,961 500,000 6839,743 8,581,690 200,000 e96,615 2,872,449 200.000 el07,784 3,443,242 100,000 e95,049 1,277,683 Wpst Of T.Anio Tr PO 200.000 el35,669 2,986,016 * Sale p i -e. + Includes Merch. Tr. & Sav. Bank, d Sept. 28 1925. « Dec. 31 1925. k New stock. I Last to be increased, s Do no commercial banking. 200.000 2,000.000 200.000 200.000 200.000 10,000,000 1,200.000 500.000 1,000,000 200,000 200.000 1.000.000 200.000 500,000 1.700.000 10,000.000 200,000 1,000,000 25 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 185 155 420 260 140 232 157 150 135 265 200 250 160 192 275 165 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 inn 113 155 175 110 167 210 125 125 140 165 125 150 115 135 210 140 106 120 418 290 135 150 125 185 200 175 175 150 MONTANA.—National banks April 12; State institutions April 12. AsJfc. Per share. Per St. Paul— 245,613 11,168,391 100 175 400,000 American Nat Bank 50,000 el30,897 2,750,148 100 450 Commercial State Bk First National Bank- 3,000,000 3,770,013 58,657,306 100 Merchants' Nat Bk. 2,000.000 2,248,410 43,643,732 100 250 174,341 6,543,731 100 120 300,000 Nat Exchange Bank. e45,360 1,627,555 100 150 100,000 St Paul State Bank.. c44,748 1,131,814 100 150 120,000 1 ayne Ave State Bk. 350,000 clOO.153 5,180,230 100 125 Stock Yards Nat Bk. e47,461 904,859 100 100 Twin Cities Nat Bk. 200,000 455,016 7,269,089 100 Merch Trust Co___ 500,000 el6,896 200,000 Central Trust Co__ 100 75 None 100 Northwestern Trust. 1.000,000 e373,680 Vicksburg— Amer Bank & Tr Co. Oitlzens’ Nat Bank.. First National Bank. Merchants' Nat Bk. Nat City 8 B & Tr Co Nat Peop 8 Bk & Tr 59 BANKS AND TEUST COMPANIES 1926.} share 25 165 250 210 240 Capital. Surplus & Gross Deposits. Par. Profits. Bid. $ 300,000 200.000 400.000 Per share. $ $ 781,621 11,897,483 100 e73,514 1,348,131 100 ........... ......... c316,385 13,904,097 100 Helena— American Nat Bank. Nat Bk of Montana. Montana Tr & S Bk. Union Bank & Tr Co 200,000 250.000 150,000 250,000 251,826 el35,215 ell3,416 275,137 4,225,286 3,218,762 2,112T,387 3,022,155 100 100 100 100 — ......... NEBRASKA—National banks Ap-il 12; State institutions Dec. Lincoln— Central Nat Bank__ 171,952 3,191,550 100 200,000 City National Bank. 500,000 130,697 3,373,143 100 First National Bank. 617,300 9,328,816 100 525,000 Nat Bk of Commerce 248,577 4,713,910 100 300,000 Lincoln State Nat Bk 47,726 2,495,920 100 200.000 Omaha— First National Bank. 1,250,000 320,714 22,276,716 100 Live Stock Nat Bank 72,532 ,872,567 100 650,000 Merchants’ Nat Bk 1,000,000 662,731 10,208,397 100 Omaha Nat Bank__ 1,000,000 1,047,765 26,920,087 100 Packers Nat Bank.. 200.000 141,688 3,691,095 100 Peters Nat Bank___ 110,541 2,985,498 100 200,000 Stock Yards Nat Bk. 750,000 598,551 9,565,343 100 State Bank. _____ 300,000 0153,327 6,488,484 100 U S National Bank.. 1,100,000 862,592 18,894,168 100 Union State Bank__ 061,226 1,9429,78 100 200,000 31. Per share. 200 210 135 200 140 285 165 125 150 185 210 95 S200.000 100,000 200,000 150,000 50,000 314,987 330,440 241,052 3,329,570 3,305,216 4,775,981 3,866,236 *98"” Portsmouth— First National Bank. Nat Meeh & Trad Bk New Hamp Nat Bk. 150.000 100.000 100,000 115,797 044,637 138,968 2,320,532 100 918,638 10) 980,476 100 700 225 400 NEW JERSEY—National banks April 12; State institutions Ap-U 12. Asbury Park— Asb Pk & Oc’n Gr Bk Merchants Nat Bank Asbury Park Tr Co.. Seacoast Trust Co.. 400,000 100,000 150,000 280,500 260 Atlantic City— Atlantic City Nat Bk Boardwalk Nat Bank Chelsea Nat Bank.. Second Nat Bank__ Union National Bank Atlantic Co Trust Co Atlantic S D & Tr Co Bankers Trust Co__ Chelsea Safe D & Tr. Guarantee Trust Co. Equitable Trust Co. Marine Trust Co___ 200,000 1,062,827 400,000 e736,254 659,919 200,000 250.000 e216,095 100,000 0231,722 430,020 200,000 300,000 e559,873 100.000 el56,420 112,962 100,000 818,033 600.000 200,000 0340,915 200,000 0672,856 share. Bayonne— Bayonne Trust Co.. Mechanics’ Trust Co 300,000 500,000 o526,904 615,116 Bridgeton— Bridgeton Nat Bank Cumberland Nat Bk. Farm & Mer Nat Bk Cumberland Tr Co.. 100,000 150,000 150,000 150.000 297,776 614,849 201,448 228,775 235 185 130 155 325 225 250 175 225 200 100 195 185 1200 200 350 115 160 200 200 159 150 235 161 145 260 170 166 130* 114 185 115 175 135 130 150 170 135 125 155 150 108 420 140 160 200 180 215 100 305 175 135 175 200 225 110 NEW HAMPSHIRE—National banks April 12; State institutions Nov. 2. Manchester— Per share. Amoskeag Nat Bank 200,000 717,111 4,203,874 100 300 First National Bank. 150,000 294,733 1,628,224 100 200 Manchester Nat Bk. 150,000 413,101 2,296,193 100 250 _ ,__ Merchants Nat Bank 62,836 2,029,677 100 150 — 150,000 Nashua— Old Guar Sav Bank. Indian Head Nat Bk Nashua Trust Co__ Second Nat ofNashua share. Ask. Butte— First National Bank. Miners S Bk & Tr Co Metals Bank & Tr Co 727,650 96,300 219,897 446,929 100 100 100 100 6,187,107 2,055,754 2,900,432 4,337,716 — 9,599,399 2,184,584 7,334,158 5,629,768 2,392,078 2,605,258 7,278,729 3,751,282 2,101,228 7,414,124 4,417,712 5,200,159 118 309 175 200 Per share. 100 100 100 <00 100 100 100 11M) KM? 100 100 263 1«« 10« 7,937,529 100 215 9,737,867 50 135 2,247,504 3,081,659 1,385,876 1,700.529 100 100 100 100 250.000 200,000 1,000,000 200,000 250,000 2,000,000 200,000 600,000 200,000 1,300,000 2,500.000 750.000 200,000 083,136 e422,175 1,712,437 O101.009 C217.472 2,594,284 e404,435 0601,270 343,000 el ,278,190 e2,695,477 1,087,665 e83,485 2,480,095 9,615,349 18,858,578 1,980,294 5,272,496 46,179,227 7,368,640 5,979,453 9,966,766 25,964,143 54,144,307 22,078,416 1,514,579 100 100 100 100 100 100 100 KM) 100 100 100 100 100 145 410 550 560 226 310 310 Per share. *40© *318 *122^ ♦252 *106 *200 *250 *250 *400 *425 Camden— 627,163 6,197,736 100 Camden Nat Bank.. 100,000 First Nat State Bank 1,000,000 1,506,241 18,911.389 100 Camden S D & Tr Co 500.000 1.509,394 12,712,831 25 425,157 5,60b,b47 100 Broadway Trust Co 250,000 Central Trust Co__ 100,000 0541,911 3,609,039 25 East End Trust Co . 100,000 el.30,711 2,417,557 100 Merchants’ Trust Co 200.000 e231,287 4,740.801 100 Parkside Title Tr Co 200,000 d338,254 2,877.695 100 526,648 4,766,707 100 Security Trust Co__ 200,000 West Jersey Trust Co 200,000 e340,690 5,214,075 109 East Orange— Ampprp Bank_____ 042,967 1,288,088 100 100,000 East Orange Bank.. 250,000 el84,601 3,863,944 100 200 Sav Inv & Trust Co. 750,000 e704,832 15,873,319 100 325 479,825 9,402,147 100 ■100 Essex County Tr Co. 500,000 Per Elizabeth— Elizabethport Bk Co 250.000 0461,044 5,718,412 100 .300 National State Bank 700,000 1,094,391 11,139,615 50 165 228,603 3,087,387 100 185 Peoples Nat Bank. . 300,000 e97,451 3,252,616 100 160 Central Home Tr Co 200,000 Elizabeth Trust Co.. 500,000 0354,489 4,684,853 100 200 813,446 12,312,994 100 450 Union County Tr Co 400,000 Per Hoboken— First National Bank. 500,000 1,157,750 12,698,367 25 95 X 278,304 6,192,680 100 150 Second Nat Bank__ 700,000 Columbia Trust Co.. 100.000 0101,661 1,854.264 100 170 Hoboken Trust Co.. 200,000 0286,744 4,982,914 100 250 Hudson Trust Co__ 1,000,000 o2,467,817 32,533,429 100 4?0 Jefferson Trust Co.. 329,755 7,091,894 100 200 400,000 Steneck Trust Co__ 600.000 0573,324 12,105,179 100 225 Jersey City— Journal Sq Nat Bank Claremont Bank__ First National Bank. Franklin Nat Bank.. Merchants’ Nat Bk. Commercial Tr N J . Greenv Bk & Tr Co. Lincoln Trust Co. . Mercantile Trust Co. N J T Guar & Tr Co Trust Co of N J___ Un Tr & Hud Co N B West Bergen Tr Co_ ♦350 share. share. 200”” 300"” 250 Per share. 175 300 215 225 135 245 425 350 400 380 425 410 140 a Includes Minn. L. & Tr. stock, b Includes Minneapolis Trust Co. c Nominal quotations. sale, n Including Fidelity Sav. & Tr. stock, s Guaranty Fund. z Ex-dividend. v Capita) 60 [Vol. 122. BANKS AND TRUST COMPANIES NEW YORK—(Continued). NEW JERSEY—(Concluded) Surplus & Profits. Capital. Long Branch— Citizens’ Nat Bank-Long Branch Bkg Co S ion,ooc 150,000 S a250,00C 202,309 Morristown— First National Bank National Iron Bank. American Trust Co.. Morristown Trust Co 200,OOC 200,OOC 150.OOC 800,000 401,264 238,404 130,585 968,541 Mt. Holly— Mt Holly Nat BankUnion Nat Bank.__ Farmers’ Trust Co._ Mt Holly S D & Tr.. 100,000 100,OOC 200,OOC 100.000 99,694 229,577 137,631 al 71,082 Newark— American Nat Bank500,OOC 1,242,375 Broad & Market N B 620,916 200, OOC 135,819 CitNBk&Tr Co... 200,000 Lincoln Nat Bank.. 349,127 600,000 Mer & Mfrs N Bk. _ 1,350,000 2,019,490 228,629 Mutual Bk of Rosev200.000 Nat Newark & Essex Banking Co_____ 2,500,000 1,415,828 National State Bank 500,000 1,075,395 North Ward Nat Bk 400,000 1,043,660 407,729 City Trust Co. 300,000 Clinton Trust Co.. 556,277 400,000 Federal Trust Co__ 3,500,000 3,506,776 Fidelity Union Tr Co 5,250,000 5,034,873 825,709 Ironbound Trust Co. 500,000 Liberty Trust Co__ 200,000 all2,913 Newark Trust Co__ 116,680 200,000 a60,382 So Side N B & T Co. 200.000 443,622 Springfield Av Tr Co 200,000 Vailsburg Trust Co.. 200,000 al00,451 Washington Trust Co 437,474 300,000 Weequahic Trust Co 210,787 200,000 West Side Trust Co. 600,000 a757,963 New Brunswick Cits Nat Bk ofNBr. <150,000 250,000 Nat Bank of N J_ _ 500,000 a985,057 Peoples Nat Bank__ 200,000 a284,886 Middlesex TG&T Co 100,000 al12,004 New Brunsw Tr Co-. 418,614 300,000 North & West Hu dson— First Nat Bk, Town of Union______ a90,225 250,000 First N Bk, West NY 100,000 al67,846 Commonw’lth Tr Co 600,000 a654,263 Guttenberg B & T Co 207,395 100,000 Weehawken Tr Co 600,000 a225,000 Highland Trust Co__ 300.000 a214,201 Hudson Trust Co__ 1,000,000 a2,467,817 Passaic— Amer National Bank 51,561 Merchants Bank.. 104,956 100,000 Passaic N Bk&Tr Co 1,500,000 a2,005,679 City Trust Co 200,000 a245,071 Hobart Trust Co___ 358,040 300,000 People’s Bk & Tr Co. 600,000 1,063,266 8ervlce Trust Co.__ 400,000 a254,481 Paterson— First National Bank. 600,000 800,026 Paterson Nat Bank- - 1,200,000 1,166,533 Second Nat Bank__ 750,000 1,106,552 Nat Bank of Amer_ 500,000 c332,129 Paterson Sav Inst__ 1,000,000 al,755,596 Citizens’ Trust Co... 500,000 a700,000 Franklin Trust Co.. 300,000 a813,138 Hamilton Trust Co.600.000 a560,017 U S Trust Co______ 350,000 1,452,305 Plainfield— City National Bank150,000 518,308 First National Bank. 200,000 388,355 Plainfield Trust Co.. 609,300 866,728 State Trust Co____ 100.000 al68,714 Trenton— Broad St Nat Bank. 250,000 1,020,536 Capital City TrCo.. 150,000 153,724 First National Bank500,000 1,313,813 Hanover Trust Co.. 200,000 190,496 Mechanics' Nat Bk. 1,000.000 1,613,286 Trenton Banking Co 750,000 1,457,184 Colonial Trust Co__ 100.000 196,914 Mercer Trust Co___ 300,000 626,985 Trenton Trust Co__ 750,000 1,126,757 Wilbur Trust Co.__ 100,000 58,505 Woodbury— Farm & Mechanics’ National Bank. 100,000 330,000 First Nat’l Bank . 100,000 230,000 Woodbury Trust Co. 100,000 230,000 Gross Deposits. Par. Bid. Per S 2,490,OOC 10C 325 2,271,375 60 200 Per 5,239,156 10C 1240 5,680,934 5( 1100 1,723,303 10C 1140 9,540,514 100 1240 Per 764,174 25 38 1,656,621 61 135 1,174,277 10C 120 678,839 100 125 share 220 share. . _‘ share. 40 150 125 135 15,994,849 8,798,922 1,674,218 2,782,102 15,264,948 2,712,938 10C 10C 10C IOC 10(1 100 500 500 160 240 345 190 31,592,246 6,733,596 12,687,807 5,627,137 8,055,986 27,376,894 79,225,288 14,850,528 3,414,101 2,394,671 656,859 8,178.172 2,030,955 3,679,211 2,829,744 9,041,116 10C 100 109 10U 100 100 100 100 100 100 100 100 100 100 100 100 1,681,541 13,961,569 3,746,390 2,214,522 5,674,760 100 100 100 100 100 323 450 500 350 355 500 625 500 160 330 150 500 270 330 325 520 Per 125 325 290 175 270 3,834,859 4,412,812 7,700,218 3,557,695 8,766,264 4,718,910 32,533,429 100 100 100 100 100 100 100 552,003 1,837,638 24,187,379 4,806,561 3,998,820 9,165.895 1,699,573 165 240 300 350 225 225 495 Per shaft 100 100 100 100 100 100 9,421,165 14,240,809 13,849.195 3,709,408 23,518,115 10,767,334 3,792,022 11,562,314 20,771,885 100 100 50 100 25 100 100 100 100 225 350 300 340 375 170 Per share 415 280 290 225 170 160 360 360 305 625 6,653,494 5,959.127 13,093,850 3,581,160 100 100 100 100 1200 1230 1225 1200 11,520,226 1,092,693 13,584,795 4,905.901 18,098,741 11,400,731 3,559,475 6,221,718 11,564.559 1,711,856 100 100 100 100 50 50 100 100 100 100 355 330 640 share 350 300 195 420 200 475 210 265 220 225 275 240 185 2,250.000 100 400 2,350,000 50 165 1.400,000 100 350 450 185 400 NEW YORK—National banks (except New York City), Apr. 12; State insti tutions, Mar. 25 1925. AlbanyPer share Central Bank__ . 100.000 all 7,705 ,432,573 100 165 180 First National Bank600.000 1,100,382 ,110,901 100 300 Meeh & Farmers___ 250,000 1,329,404 ,892,733 100 500 550 Nat Com Bk & Tr Co. 1,500,000 3,694,556 ,673,126 100 375 380 N Y State Nat Bank. 1,250,000 2,393,553 ,134,668 100 270 Albany Trust Co___ 400,000 703,587 ,566,327 100 265 275 Auburn— Per share Cayuga Co Nat Bk._ 200,000 386,468 548,950 100 1210 Nat Bank of Auburn 200,000 222,620 422,197 100 1125 Auburn Trust Co__ 150.000 405,137 801,491 100 350 400 Binghamton— Per share Citizens Bank_____ 150.000 85,165 444,655 100 140 150 City National Bank200,000 521,117 854,521 100 325 350 First National Bank400,000 587,884 065,585 100 230 250 People's Trust Co__ 500,000 556.755 931,577 100 175 200 Brooklyn—State B ank & Tru Nat. banks Bank of Coney Island 200,000 Bushwick Nat Bank. 200,000 First National Bank. 500.000 Flatbush State Bank 100,000 Globe Exchange Bk. 400,000 Greenpoint Nat Bk. 200.000 Lafayette Nat Bank. 200,000 Mechanics’ Bank . 2,000.000 Montauk Bank____ 1,000,000 Municipal Bank___ 2,000,000 Nassau Nat Bank__ 1,000,000 People’s Nat Bank.. 200.000 Security State Bank 100,000 Brooklyn Trust Co_. 2,000,000 Kings Co Trust Co. . 500.000 Manufacturers’ TrCo 10,000.000 Midwood Trust Co.. 700,000 People’s Trust Co__ 2,000,000 st Co. relur April 12. 195.699 127.700 1.221.900 a87,207 242,500 472.300 73,100 3,416,379 1,493,195 878,208 1,680,200 488.300 45,733 4.516.900 4,823,500 13,405,382 378,951 5,397,910 ns date Mar 25. 5,937,212 2,754,900 14.881.400 2,507,691 3,816,600 3.601.700 517,100 48,412,406 4,533,799 23,414,000 19,188,900 8.894.700 1,001,117 53,465,600 32.154.400 195,219,157 8,472,563 65,749,753 Per share 100 250 300 100 m350 375 200 240 275 285 290 350 580 300 360 700' 1900 495 w260 815 710 50 100 100 100 100 ioo 100 100 100 100 m305 Capital. Ask. 500 275 830 Buffalo— Liberty Bank______ People’s Bank_____ Com-So Side N Bk._ Man’f’rs&Trad TrCo Marine Trust Co.__ Elmira— Merchants’ Nat Bk. Second Nat Bank__ Chemung Can T Co. New York City— are of date May for National and of banks and trust found in our "Rai Bid. Ask. Per share 3,500,000 100 390 400 100 275 1,000.000 750.000 100 250 260 100 400 3,000,000 50 258 263 11,250,000 Per share 250,000 a259,200 100 225 100 305 948,243 400.000 972.399 100 275 600,000 repo rted ne t and Deposits N ew York Ci of da te Apr. 12 ’26 Surplus an „ — 1 1926 divi dena r ecord Mar. 25 19 ’26 for stat e banks, companies in New Yo rk City and Broo klyn m ay be c244 Iway and 1 ndustriaV « Per share $ 202,606 300,000 100 435 440 7.500,000 12,963,000 100 208 218 727.100 1,500,000 100 320 330 6.500,000 5,258,749 50 220 225 10.000,000 14,965,863 100 295 300 4,000,000 2,784,998 100 650 800 616,493 200,000 .. 743,000 150,000 S 5,973,624 2,144,283 587,789 4,418,096 16,657,885 Amalg Bank of N Y. Amer Ex-Pac Nat Bk Amer Union Bank__ Bank of America___ Bank of Manhat Co_ Bank ofU 8_______ Bank of Wash Hgts. Berardini State Bank Bowery & East River ___ 360 3,000,000 4,043,282 Nat Bank of N Y 211,707 100 335 300,000 Broadway Cent Bank 100 1300 762,917 150,000 Bronx Borough Bank 100 400 336.100 300,000 Bronx National Bank 100 210 208,527 200,000 Bryant Park Bank.. 100 1/215 931.400 Capitol Nat Bank__ 2,000,000 100 M424 Chase National Bank 40,000,000 39,237,204 100 275 Cent Mercantile Bk_ 1,500,000 1,148,279 552,500 Central Nat Bank__ 2,000,000 Chatham Phenix Nat . ___ 100 330 Bk & Tr Co_____ 13,500.000 12,905,068 730,727 516,671,391 100 227 Chelsea Exch Bank. _ 1,500,000 Chemical Nat Bank- 4.500.000 18,310,000 --------------- 100 755 100 550 Colonial Bank..___ 1,200,000 2,967,252 100 300 600,000 1,320,363 Commonwealth Bank 100 270 Continental Bank__ 1.000,000 1,198,200 100 x555 Corn Exchange Bank 10,000,000 14,799,658 ' 600,000 100 210 273.700 Cosmopolitan Bank 1___ 100,000 29,000 Eastern Exch Bank 750,000 924.700 Federation Bk of N Y 500.000 3,031,294 -------------- . 100 2100 Fifth Avenue Bank.. First National Bank 10,000,000 72,737,600 197,260,000 | 100 2575 800.000 484.400 ""---- !___ 175 Franklin Nat Bank100 350 Garfield Nat Bank_ 1,000.000 1,796,181 100,000 115.100 Gimbel Bros Bank__ 100 ‘325 Grace Nat Bk of N Y 1.000.000 2,013,705 1,000,000 2,600,735 100 525 Greenwich Bank. 572,098 <112,730,771 100 180 Hamilton Nat Bank. 1.500.000 100 1040 Hanover Nat Bank.. 5.000,000 100,000 Harlem Bk of Comm 100 550 Harriman Nat Bank- 1,000,000 250,000 ,ooSi yo.ooo, Internat Union Bank 5)0,000 181,800! <11,441, Lebanon Nat Bank.. 821,484 <17,797, Liberty Nat Bank__ 1,500,000 200.000 310,500 55,949, Longacre Bank 200,000 54,409! 52,397,368 Madison State Bank500,000 Mutual Bank____ _ 818,615 519,591,970 100 500 742,600 <110,808,756 100 180 Nat American Bank 1,000,000 Nat Butch & Drov. 1,000.000 25 170 Nat Bk of Commerce 25,000,000 100 365 National City Bank- 50,000,000 100 602 National Park Bank- 10.000,000 24,114,200 100 497 600.000 New Netherland Bk. 432,600 512,831,800 100 270 200,000 51,762 52,551,653 100 124 Penn Exchange Bank 100,000 Peoples Comm’l Bk. 61,269 52,497,034 100 100.000 Port Morris Bank. 110,950 52,670,960 215 150,000 Prisco State Bank . 103,800 51,818,800 Public Nat Bank___ 5,000.000 7,642,142 <2111725384 166 540 Seaboard Nat Bank 6.000,000 10,138,036 115,454,000 100 600 Seventh Nat Bk___ 1,000.000 392,056i dd.656,855 100 175 200.000 Standard Bank___ 239,700 56,137,100 100 600 5.000,000 5,324,912 104,126,000 100 585 State Bank_______ 500.000 Trade Bank of N Y. 258,964! 52,759,140 157 United Nat Bk in NY 1,000.000 731,846 <115,106,551 215 100,000 World Exch Bank.. 100,333 51,983,410 Trust Co. returns da le Mar. 25 1926 American Trust Co.. 4,000,000 3,201,200 46,834,300 100 Anglo South Am Tr. 1,000,000 594,400 12,558,200 Banca Com It Tr Co 1.000.000 571,859 9,696,572 Bank of Europe Tr Co 1,000 000 612,500 11,419,900 600,000 Banco di Sicilia Tr Co 64,955 4,069,454 Bank of N Y & Tr Co 4,000,000 12,905,083 104,172,751 100 600 Bankers Trust Co__ 20,000,000 31,707,187 368,189,752 100 610 825,000 Bronx County Tr Co 443,950, 12,952,737 100[ 300 Brotherhood Locom 700.000 Eng Co-Op Tr Co. 263,600 6,528,500 Central Union Tr Co 12,500,000 28,180,900 272,103,160 100 840 . ___ County Trust Co__ 1,000,000 508,200 3,666,400 Empire Trust Co__ 4,000,000 3,993,400 72.745.900 100 345 Equitable Trust Co. 23,000.000 14,439,070 356,293,104 100 268 Farmers’ L & Tr Co. 10.000,000 18,963,423 143,973,681 100 502 Fidelity Tr Co_____ 4,000,000 3,174,500 ,46,138,600 100 280 Fulton Trust Co___ 1,000.000 1,366,122 15,909,049 100 385 Guaranty Trust Co.. 25,000,000 22,588,158 486,999,479 100 357 500,000 Int Accept Sec & Tr. 500,000 2,497,800 Irving Bk Colum Tr_ 17,500,000 14,017,660 314,710,241 100 313 Italian Disc & Tr Co 1,000.000 594,993 10,955,364 100 Lawyers’ Trust Co.. 3,000,000 3,231,279 22,714,622 100 New York Trust Co. 10,000.000 20,312,333 233,291,958 100 505 Title Guar & Tr Co_ 10,000,000 18,105,365 44,570,827 100 650 500,000 Trust Co of Nor Am. 223,000 2,497,000 U S Mtge & Tr Co_. 3,000,000 4,915,700 70.366.900 ioo 380 U S Trust Co of N Y 2.000,000 19,140,861 55,511,224 100 1675 Jamaica, L. I.— 260.000 First National Bank. 472,279 8,257,818 100 200,000 Jamaica Nat Bank.. 131,400 3,131,000 Rochester— Per Lincoln-Alliance Bk_ 2,000 000 3,327,220 45,903,743 100 293 Merchants’ Bank__ 500 000 a659,407 14,082,643 100 224 Nat Bank of Roch.. 1.200 000 410,724 16,513,309 100 125 Oentral Trust Co__ 600 000 628,251 17,398,712 100 235 Genesee Vail Tr Co.. 400 000 a834,891 17,612,467 100 400 Roch Trust & S D Co 1,000 000 al ,947,429 41,019,536 100 360 300 000 1,828,011 28,323,337 100 900 Security Trust Co__ Union Trust Co____ 1.500, 000 1,031.585 30,529,955 100 195 Schenectady— Mohawk Nat Bank.. 400.000 a325,571 5,051,117 25 48 Union National Bank 300,000 a738,175 10,033,333 100 425 Citizens Trust Co__ 300,000 424,386 8,016,140 100 275 Schenectady Tr Co.. 500,000 1,150,000 16,000,000 100 400 Syracuse— Per City Bank Trust Co. 2,500.000 1,350,139 27,636,543 100 198 Liberty Nat Bank__ 300,000 158.540 3,402,983 100 160 Merchants’ Nat Bk. 500.000 648,092 5,810,142 100 200 Salt Springs Nat Bk. 800.000 480,776 7,025,090 100 235 Third National Bank 300,000 242,543 3,604.558 100, 160 First Trust & Dep Co 2,500.000 2,282,356 46,501,034 100 277 Syracuse Trust Co_ 1,500,000 1,385,970 35,208,536 100 265 * Sale price. a Dec. 31 1925. b Paid in. c Sept. 28 1925, d Apr. 12 1926. increased. 1 Last sale, s In process of liquidation, u New stock, x Ex-dividend. Surplus & Cross Profits. Deposits. Par. e Sept. 30 1925. y Ex-rights. g March 25 1926. I Ex-rights, 370 375 1400 450 230 230 429 285 340 232 765 310 290 560 240 2400 2625 185 375 560" ' 190 1060 575 200 180 370 608 505 280 134 550 610 185 650 600 162 230 610 615 850 352 273 508 290 410 362 316 510 655 395 1725 share 300 245 201 50 share 203 210 285'“ 275 k Capital May, 1926.] OHIO—(Concluded) NEW YORK (Concluded) Surplus Cross Capital. & Profits. Deposits. Troy— Manurac’rs Nat Bk. National City Bank. Nat St Bk or Troy_. Union Nat Bank__ United Nat Bank... Troy Trust Co____ Utica— First Nat Bk & Tr.. Oneida Nat Bank... Citizens’ Trust Co.. Oneida Co Trust Co. Utica Tr & Dep Co.. Utica Nat Bk & Tr.. Watertown— Jefferson Co Nat Bk Watertown Nat Bk. North’n N Y Tr Co. Par. Bid. Per $ # » 1.000.000 1,540,082 28,305,771 100 400 300.000 5600,887 6,963,768 100 190 250,000 5458,368 4,638,165 100 250 300,000 483,229 6,669,119 50 65 240,000 5459,269 1,223,443 100 300 200,000 212,083 4,038,112 100 150 Per 1.250,000 2,022,451 14,685,346 100 275 600.000 1,133,167 5,259,122 100 240 1.000.000 1,202,278 16,650,565 100 240 250,000 /545,395 3,761,987 100 934,798 14,659,261 100 265 1.000,000 397,311 5,363,090 100 100 1.000,000 Nom. 500,000 609,575 7,267,443 100 240 200.000 249,262 4,276,747 100 225 400.000 1,009,301 9,464,239 100 325 Per 200.000 5866,022 10,141,465 100 751,621 16,327,748 100 500.000 100,000 525,453 1,126,754 100 400,000 5491,802 12,187,163 100 150,000 102,045 2,508,708 100 1250 250,000 204,950 5,053,964 1(M) 140 200,000 608,020 9,370,710 100 340 Westchester Co— Mt. Vernon—1st N.. Mt Vernon Tr Co. New Rochelle— Central Nat Bank. Nat City Bank.. North Ave Bank_ Huguenot Tr Co.. N Rochelle Tr Co. Ossining—1st Nat & Trust Co______ 1,086,541 125,000 5175,301 Ossining Nat Bk. 100.000 263,217 2,477,312 Peekskill—■ Westches Co Nat. 100,000 572,117 7,295,338 Pleasantville— Mt Pleasant Bk.. 188,277 2,828,933 100,000 Port Chester—'1st N. Bk. & Tr Co.__ 250,000 5311,519 5,662,539 Mutual Trust Co 300,000 5231,124 4,128,078 Rye—Rye Nat Bk__ 100,000 5165,978 3,153,525 Tarrytown Nat Bk_ 100,000 5256,440 2,024,172 White Plains— Citizens Bank.__ 394,090 7,073,272 250,000 West Title & Tr Co 1,000.000 1,286,174 4,133,980 County Trust Co 200,000 n489,418 8,948,833 Yonkers—First Nat 300,000 625,503 8,886,763 Yonkers Nat Bank 200,000 5238,182 6,438,605 & Trust Co.__ 300.000 1,016,945 10,095,491 Westches’r Tr Co. 142,873 8,116,677 Yonkers Trust Co. 350,000 Ask. share. 425 200 260 70 315 160 share. 285 250 245 275 102 5th-3rd Nat Bank.. Union Trust Co. Cleveland— prices 235 " 350 share. 145 Midland Bank. Union Trust Co. Columbus— 100 100 50 100 100 190 100 100 210 100 100 450 100 50 475 100 100 400 100 170 175 Columbus Sav Bank. Commer’l Nat Bank. Fifth Ave Sav Bank. Huntington Nat Bk. Market Exch Bank.. Nat Bk of Com'ce. .. Northern Sav Bk C< First Nat Bank____ Ohio National Bank. Dayton— & Trust Co____ Third Nat Bank Trust Co_____ NORTH CAROLINA—Nat. banks April 12; State institutions Ap-il 12. Charlotte—■ Charlotte Nat Bank. 500,000 Commercial Nat Bk. 500,000 First National Bank. 300.000 Mer & Farm N Bk.. 200,000 200,000 Union Nat Bank___ American Trust Co._ 1,200.000 Independ’ce Tr Co.. 1,000,000 701,321 4,753,894 100 706,169 3,561,570 100 781,716 2,170,457 100 534,683 3,034,436 100 71396,672 3,241,025 100 975,370 14,656,873 100 7i852,908 4,846,138 100 Durham— Citizens’ Nat Bank. fidelity Bank_____ First National Bank. Home Savings Bank. Merchants' Bank__ Til25,000 930,405 572,796 e90,000 153,289 100,000 100,000 600,000 100,000 100,000 Greensboro— Atlantic Bk & Tr Co 1,250,000 563,000 Greensboro Bk & Tr Raleigh— Citizens Nat Bank.. Comm’l Nat Bank.. Raleigh Bkg & Tr Co 300,000 600,000 100,000 Per share. 200 225 250 250 300 300 325 180 185 182 . 184 1,891,000 100 180 6,993,903 25 215 6,211,321 100 180 1,200,000 25 48 1,930,324 50 105 903,500 10,772,882 100 180 Ti314,000 3,312,000 100 155 Per el77,547 5,251,948 100 160 240,036 8,485,010 100 140 Til87,867 1,865,339 100 225 Per Wilmington— Murchison Nat Bk_. 1,000.000 Til,135,382 15,338,086 100 198 People’s Sav Bank.. 65.000 Til 92,005 2,095,885 25 105 622,400 4,579,907 50 190 Wilm Sav & Tr Co_ 300,000 Winston-Salem— People’s Nat Bank-150,000 7i43,360 1,607,280 100 I 75 Wachovia Bk & Tr_ 2,175,000 1,785,841 40,495,596 100 200 185 185 50 110 180 160 share. 165 250 share. 200 125 200 210 NORTH DAKOTA—Nat. banks April 12 State institutions Dec. 31. Fargo— Dakota Nat Bank_ Fargo National Bk_ First National Bank. Merchants Nat Bk.. Security Nat Bank.. Northern Trust Co_ 61 BANKS AND TRUST COMPANIES 150.000 50.000 300.000 100,000 100.000 100,000 86,879 66,197 313,060 116,132 35,711 Ti58,806 1,679,966 947,681 7,301,583 2,380,772 1,334,866 733,947 OHIO—National banks April 12; State institutions April Akron— 745,143 14,827,373 Central Sav & Tr---- 1,000,000 Commercial S & Tr. 300,00C 360,075 5,265,565 Depositors Sav & Tr. 500.000 609,196 8,432,356 Dime Savings Bank. 200.000 258,017 3,703,863 Ohio State Bk & Tr. 500,000 671,805 10,017,762 518,062 Standard Sav Bank. 100.000 29,004 Firestone Pk Tr & SB 200.000 211,471 4,572,684 First Trust & S Bk.. 1,500,000 2,225,256 27,510,903 Canton— Cent Sav B & T Co. 200,000 79,147 4,007,450 Dime Savings Bank. 253,661 4,979,796 500.000 First National Bank. 500,000 1,218,259 11,313,653 Cincinnati— Atlas Nat Bank----400,000 1,305,559 7,910,315 Bk of Comm & Tr Co 500,000 78,114 3,479,049 Brighton Bk & Tr Co 437,690 14,925,442 500.000 Brotherhood of Ry Clerks Nat Bk__ 200.000 50,000 3,862,430 Cinn Bk & Tr Co__ 150,000 288,164 3,456,677 Citzns' N Bk & Tr Co 2.000.000 2,467,237 14,373,476 100,000 289,189 2,146,729 Columbia B & S Co 303,491 7,645,803 Cosmop Bk & Tr Co. 350,000 First National Bank. 6,000,000 5,785,347 43,308,519 100.000 Hyde Park Sav Bank 125,719 1,837,578 Lincoln Nat Bank.. 500.000 1,238,544 7,134,692 North Side Bank— 100,000 282,277 2,656,308 Oakley Bank----- --100.000 121,492 2,480,090 Pearl Market Bank. 400.000 519,229 8,830,839 share. 100 100 100 100 100 100 8, 106 10(1 10(1 10(1 100 100 100 100 Per 225 200 200 195 175 90 165 250 share. 225 205 185 95 180 255 100 150 100 200 100 325 Per share. 100 400 100 150 160 100 525 100 100 100 100 100 100 too 100 50 50 100 110 250 220 45 150 330 225 310 140 120 160 240 50 165 340 235 175 125 Capital Surplus & Gross Profits. Deposits. $ 3,000,000 200,00C 1,500,001 1.000.00C 250.00C 250.00C 1.000.00C 2.000,000 1,000,000 t 2,782,865 302,911 7il,774,52S 1,028,835 369,088 125,657 1,472,492 2,446,102 5,044,180 100,000 251,189 1,000,000 1,800,000 250,000 400,000 2,000,000 2,000,000 1,500.000 1,500,000 8,600,000 4,000.000 1,000.000 900,000 22,250,000 h 282,271 3,381,760 311,116 556,538 982,032 1,077,267 1,231,284 1,084,434 4,612,657 5,555,756 275,936 848,281 13,979,803 100,000 53,859 1,500,000 752,197 300,000 590,249 500,000 105,995 50,000 104,378 600.000 1,130,139 100,000 115,960 1,800.000 2,084,410 100,000 302,200 300,000 753,915 100,000 36,964 500.000 703,257 1.500,000 1,928,154 10(1 10(1 10 10(1 100 100 100 100 Per 324 250 40 200 225 160 290 235 Per 3,592,287 100 340 24,488,174 100 46,143,998 100 286 3,111,186 100 ____ i 8,381,638 100 270 24,507,179 100 24,476,358 100 175 27,586,176 100 260 23,147,781 100 285 219,054,245 100 291 111,142,698 100 252 4,479,653 100 3,659,064 100 170 271,876,294 100 219 Per 1,305,476 100 25,168,325 100 172 6,812,649 100 320 3,360,612 100 109 1,244,121 100 250 10,101,676 100 320 1,818,867 100 325 24,714,387 100 280 3,221,900 100 375 6,346,402 100 375 1,194,881 100 10,151,091 100 280 21,139,384 100 305 Ask. share 330 300 45 ..... 320 250 share 13244 ......... 285 300 293 175 220 share 180 350 115 335 290 400 500,000 290 310 Per share 7i449,258 11,572,490 100 a295 300 200,000 A203.536 400,000 1,000,000 250,000 600,000 Toledo— City Savings Bank. Com Sav B & Tr Co_ Dime S Bk & Tr Co. First National Bank. 100.000 200.000 300,000 500.000 1,400,000 1,000.000 Ohio S Bk & Tr Co. 1,000.000 Peoples State S Bk.. 150.000 Secur S B & Tr Co.. 600.000 Spitzer-R T & S Bk.. 600.000 Toledo Trust Co___ 5,000.000 Union Tr & Sav Bk_ 250,000 Youngstown— Central Bank Co___ City Tr & Sav Bank. Coinmer’l Nat Bank. Dollar Sav & Tr Co_ First National Bank. Mahoning Nat Bank Mahoning Sav & Tr. Second Nat Bank__ South Side Sav Bank $ 41,778,956 5,029,685 27,005,821 7,757,613 5,077,661 2,872,755 16,310,536 19,959,554 32,380,820 Par. Bid. 3,563,158 100 195 200 7i368,864 5,000,000 100 200 491,670 10,897,844 100 150 Til 69,245 7,192,883 100 870,676 16,936,775 100 265 205 160 24,871 537,297 Tl407,647 1,688,845 1,346,511 521,752 2,656,069 Ti88,620 834,979 244,022 3,512,306 414,920 1,002,590 13,595,430 9,103,920 9,756,956 23,938,221 7,814,811 37,092,844 2,372,859 13,537,278 3,338,027 36,791,044 1,656,619 100 100 50 100 100 100 100 100 100 100 100 100 275 Per share 120 _____ 330 275 330 185 160 360 150 240 220 173 250 Per 654,919 100 7,463 150.000 1,000.000 1,345,487 10,283,313 100 235 812,806 6,899,372 100 227 500.000 2,500.000 2,094,108 17,337,278 100 200 2,500.000 2,241,760 15,505,962 100 200 437,576 4,088,208 100 180 1,000,000 165,718 1,983,867 100 145 150,000 42,434 1,075,056 1IM) 115 200.000 924,799 100 135 63,052 100,000 share 65 240 202 202 185 130 OKLAHOMA—National banks April 12; Guthrie— First National Bank. First State Bank___ Security State Bank. 100,000 50,000 25,000 108,028 28,329 n3,374 McAlester— American Nat Bank. City National Bank. First Nat Bk of McA 100,000 50,000 100,000 Til5,222 <711,987 Ti26,624 Muskogee— Commercial Nat Bk. First National Bank. 300,000 500,000 Til62,060 125,000 Oklahoma City— American Nat Bank. 1,000.000 200,000 Farmers’ Nat Bank300,000 Fidelity Nat Bank.. First National Bank. 1,000,000 Liberty Nat Bank__ 600.000 Oklahoma Nat Bank 250.000 Security Nat Bank.. 500,000 500,000 Tradesmen’s Nat Bk 363,338 62,750 67,031 318,736 180,594 38,955 608,919 116,829 3,303,719 100 1,370,949 100 306,073 100 2,125,643 100 339,705 100 1.827,377 100 Per share Clo sed. Per share Clo sed Per 3,953,916 100 200 6,631,900 100 300 Per 15,758,540 100 200 4,196,730 100 175 4,287,711 100 200 18,608,953 100 250 6,913,673 100 200 3,047,561 100 200 12,661,353 100 4,476,775 100 225 share 225 326 share 250 250' Tulsa— 555,313 10,052,682 100 Central Nat Bank__ 1,000,000 Exchange Nat Bank. 2,000.000 1,419,494 41,927,830 100 232,237 22,274,070 100 First National Bank. 1,000.000 120,187 4,718,328 100 250 200.000 Nat Bk of Com'erce. 70,257 4,050,174 100 Producers Nat Bank 250.000 7,636,580 100 282,579 500.000 Security Nat Bank.. 450,317 1,884,466 100 650.000 Exchange Trust Co . OREGON—National banks April 12; State institutions April 12. Per Portland— 50,000 1,887,732 200,000 Broth’d Co-Opre N B 23,336 1,429,437 100 100,000 G W Bates & Co___ 122,951 3,567,384 100 215 300.000 Can Bk of Com’ce__ 200.000 94,817 4,085,652 100 200 Citizens Bank_____ First National Bank- 2,500.000 1,276,791 38,139,092 100 210 212,594 6,942,206 100 175 200.000 Hibernia C & Sav Bk 570,744 100 14,494 50.000 Live Stock State Bk519,148 20,211,737 100 135 N’western Nat Bank 2,000.000 62,081 2,024,434 100 130 200.000 Peninsular Nat Bank 200.000 Portland Nat'l Bank 48,473 2,491,854 100 150 United States N Bk, 2,400.000 2,816,790 55,891,659 100 375 300.000 117,013 4,178,204 100 170 West Coast Nat Bk. 500.000 498,790 4,137,900 100 d____ Securlty Sav & Tr Co 72,667 2,271,435 100 125 200,000 Lbrmen’s Tr Co Bk. share 220 210 215 190 135 150 140 175 400 185 * Sale price, t Includes trust deposits, t Includes Union Savings Bank & Trust, a Includes City Trust & Savings Bank. 6 Stock Yards Bank absorbed by the Fourth & Central Trust Co. c Includes Oneida County Trust Co. d Sold with First Nat. Bank, e Sept. 28 1925. f March 25 1926, g April 6 1925. h Dec. 31 1925. k Capital increased. I Last Sale, n June 30 1925. u New stock, x Ex-dividend. 62 PENNSYLVANIA—Nat. banks (.except Phila.) April 12; State inst. April 12. Capital. Surplus & Gross Deposits. Profits. Allentown— $ Allentown Nat Bank 1,000,000 1,280,951 Merchants Nat Bank 400,000 1,356,320 089,203 50,000 Ridge Ave Dep Bk. 300.000 1,203,460 Second Nat Bank— 236,613 Allentown Trust Co. 250,000 328,372 250.000 Citizens Trust Co__ Lehigh Vail Trust Co 500,000 0841,153 300.000 0248,312 Penn Trust Co___ Altoona— First National Bank Second Nat Bank.. Union Bank______ Altoona Trust Co.. Central Trust Co__ Mountain City Tr Co Erie— Bank of Erie Tr Co. . First National Bank Marine Nat Bank.. People’s Bk & Tr Co. Second Nat Bank. Cent Bank & Tr Co. Erie Trust Co___ Secur Sav & Tr Co Harrisburg— East End Trust Co. Harrisburg Nat Bank Central Trust Co. Commercial Tr Co Commonwealth Tr Co Dauphin Dep Tr Co Harrisburg Trust Co Security Trust Co. _ Union Trust Co___ Lancaster— Conestoga Nat Bk.. Fulton Nat Bank__ Lancaster Co Nat Bk Agricul Tr & Sav___ Farmers' Trust Co.. Guaranty Trust Co. . Lancaster Trust Co. Northern Tr & S Co. People’s Trust Co__ Union Trust Co____ [Vol. 122. BANKS AND TRUST COMPANIES 150.000 100,000 200.000 250.000 246,800 162,962 479,959 0555,687 O230.000 622,424 0334,349 0268,113 125,000 0157,528 300.000 1,351,790 300,000 760,201 200,000 320,533 600,000 1,134,537 173,400 087,642 500,000 ol ,050,411 200,000 0657,181 200,000 078,466 300.000 741,398 400,000 o713,878 125,000 e96,292 750,200 ol.803.626 300,000 607,710 400.000 923,599 286,010 4164,511 250,000 268,846 Par. Bid. Per $ 8,689,600 100 365 6,733,577 100 620 1,533,906 50 150 6,572,453 100 750 2,430,109 30 130 3,011,657 25 135 6,072,422 50 490 2,373,416 50 no Per 4,368,840 100 ____ I 3,120,852 100 ____ I 2,200,000 100 .. .1 2,511,663 100 300 2 2,039,543 100 2,234,329 30 57 Per 1,895,319 100 ____ I 8,810,454 100 *400 7,424,390 100 4,465,277 100 12,214,721 100 250 1,800,199 100 9,606,058 100 5,706,777 100 1,725 678 2,754 615 3,356 735 1,090 862 8,339 433 5,492 714 3,895 ,056 1,331 738 3,298 340 50 25 25 50 100 100 100 10 100 200,000 778,923 4,694 325 200,000 0380,572 3,302 379 300.000 724,068 3,413 429 263,125 139,259 1,757 520 225,000 1,278,980 7,245 673 300.000 202,088 1,277 327 250,000 1,809,856 9,879 555 200,000 0588,473 3,913 450 400,000 898,430 5,267 688 300,000 0303,877 3,247 561 Philadelphia—De posits of N alional ban ks date May 500.000 627 986 ,929,577 American Bk & Tr.. ,000,000 6,377 919 073,364 Bk of No Amer & Tr. 250,000 172 473 ,328,731 Bk & Tr Co of W Phil 500,000 566 483 ,478,665 Broad St Nat Bank. . .500,000 5,488 273 757,000 Central Nat Bank__ 961,000 Corn Exch Nat Bank .200.000 6,728 273 389 173 ,927,703 Drovers & Mer Nat B k ,000,000 125,000 134 678 ,027,419 East Falls Bk & Tr.. 275,000 1,791 256 ,965,000 Eighth Nat Bank.. .950.000 4,839 037 764,000 First National Bank 125,000 ;243,152 328 875 Fox Chase Bk &TrCo ,099,000 Franklin 4th St Nt Bk .000.000 18,352 153 125.000 101 515 230,169 Gimbel Bros Bk & Tr 350.000 879 145 497,000 Kensington Nat Bk 125,000 963,522 63 939 Lawndale Bk & TrCo 200,000 1,072 809 478.665 Manayunk Nat Bk.. ,000,000 3,042 760 130,000 Market St Nat Bk.. 500,000 607 601 ,517,562 Nat Bank of Comm. 300,000 1,417. 133 831.666 Nat Bk of Germant’n 500,000 318 922 958,370 Nat Bk of No Phila ._ 250,000 2,247 442 011,000 Nat Security Bank.. 400,000 833 638 ,296,000 Northern Nat Bank. 200.000 1,347 110 Northwestern Nat Bk 336,000 300,000 124 157 282,864 Overbrook Nat Bk.. 250,000 387 459 731,014 Olney Bank & Trust. 500,000 398 861 ,491,266 Oxford Bank & Trust ,000,000 3,556 797 Penn National Bank. ,726,000 ,000,000 445 ,729 Peoples Bk & Tr Co. ,675,949 ,000,000 19,683 354 Phila-Girard Nat Bk 505,000 500,000 911 562 Quaker City Nat Bk. ,290,000 280.000 1,274 841 ,200,261 Second Nat Bank__ 300,000 688 398 Sixth Nat Bank____ 823,000 500.000 1,125 ,177 Southwark Nat Bank 246,000 200,000 Southwestern Nat Bk 259 115 250,000 500,000 782 034 Tenth Nat Bank.__ ,970,000 400,000 544 137 Textile Nat Bank.. ,466,000 .000,000 1,513 809 Third Nat Bank___ ,147,000 ,000.000 3,176 657 Tradesmen’s Nat Bk. 717,000 ,000,000 1,435 724 Union Nat Bank___ ,145,000 200,000 Wyoming Bk & Tr.. 105 311 ,529,111 .000,000 1,104 255 Aldine Trust Co___ ,441,760 219,900 Belmont Trust Co__ 251 259 ,355,169 500,000 306 392 Broad Street Trust. _ 266,535 750,000 1,438 069 Cent Tr & Sav Co__ 219,718 300.000 Chelten Trust Co__ 306 526 ,465,960 125,000 Cobb’s Crk T & T Co 28 086 ,238,969 ,000.000 1,265 904 Colonial Trust Co__ .722,825 500.000 Columbia Av Tr Co. 988 121 340,294 .500,000 4,390 712 Com’lth T Ins & Tr. ,995,603 ,000,000 2,112 945 Cont-Eq T & T Co.. 263,829 239,225 Empire Tit & Tr Co. 119 940 ,645,467 300,000 Excelsior Trust____ 571 123 ,160,047 200,000 Federal Trust Co__ 406 854 732,935 ,200.000 18,210 248 Fidelity Trust Co__ ,766,449 ,470,000 4,388 560 Finance Co, 1st pref. ,649,613 ,530.000 2d preferred_____ 250,000 Frankford Trust Co. 846,051 8,970,521 ,500.000 2,692,005 31,796,498 Franklin Trust Co.. ,000,000 1,988,436 18,691,285 Germantown Tr Co. 200.000 Girard Av T & T Co. 391,224 4,168,318 ,000.000 11,429,209 61,879,078 Girard Trust Co.__ ,000,000 1,190,466 11,524,876 Guar Tr & S D Co.. Haddington T & T Co 125.000 189,929 3,272,426 200,000 Hamilton Trust Co.. 324,189 4,495,572 125.000 Holmesburg Tr Oo_ 167,706 1,757,699 Indus’l Tr, T & Sav. 600.000 1,979,565 10,218,857 Integrity Trust Co.. 750.000 3,936,656 17,198,179 Jefferson T & Tr Co. 200.000 78,341 1,385,544 Kensington Trust Co 500.000 1,511,601 13,483,505 200.000 Lancaster Ave T & T 42,571 1,327,422 Land Title & Tr Co. ,000,000 13,334,790 25,347,365 Liberty Title & Tr Co 700,000 1,103,629 6,332,529 Market St T & Tr Oo 981.400 1,992,030 12,628,989 Manayunk Trust Co 250.000 517,326 3,302,887 Metropolitan rir Co. 500,000 237,437 3,221,784 ,000,000 Mutual Trust Co__ 743,997 9,008,248 Ninth Bank & Tr Co 750.000 1,958,550 16,152,403 Northern Cent Trust 400.000 210,310 3,620,726 Northern Trust Co.. 500,000 3,238,075 12,368,035 Northeast-Tacony Bank & Trust Co250.000 145,855 1,392,135 100 100 50 25 50 100 50 50 50 100 50 50 100 100 100 50 100 100 100 100 100 50 50 100 50 100 100 100 100 100 100 100 100 100 100 100 50 100 50 50 50 100 50 50 100 100 50 50 50 100 100 100 .100 50 100 100 50 100 100 100 100 50 50 50 50 50 50 100 50 50 25 50 50 100 50 100 share 375 650 165 800-* 140 150 500 115 share 300 500 200 210 60 share 175 215 205 130 325 33714 share 161 348 85 X 255 666 626 216 100 975 460 3271i 524 198 H 2 416 ......... 1 387 ____ I 226 ____ I 396 I 220 ____ I 880 ____ I 275 ......... 1 703 ____ I 112 ____ I 173 I 1801i ......... 1 565 2 14514 ____ I 525 ____ I 268 I 573 ____ I 296 ... 1 350 ___ I 186 ____ I 331 ____ I 220 2 325 2 426 ......... 1 275 ____ 2 250 y2 121 ____ 2 71 ____ 2 200 ____ 2 180 ____ 2 165 ____ 2 330 ____ 2 500 ..... 2 233 2 45 li 2 150 ____ 2 526 ......... 2 660 Vi ____ 2 201 ____ I 206 ......... 1 232 ... 1 451 I 400 . .. 1 310 .... 2 1300 ......... 2 227 ____ 2 177 li 1 20514 ____ 2 85 Ji ____ 2 405 I 501 l 62 ____ I 355 ____ 2 775 ____ 2 183 ____ 2 432 _ 2 88 ......... 2 118 125K 2 450 2 110 ......... 1 741 50 ____ 2 Capital. Ask. Per share 175 72 172 85 >4 425 280 325 18 155 Per share 500 320 165 52 400 195Ji 540 231 290 220 3 19 26. Per 50 100 50 50 100 100 100 50 100 100 50 100 PENNS YLVANIA—(Concluded). 80 Phila.—(Con.) Northeastern T & Tr Nor Phila Trust Co.. Northwestern Tr Co Oak Lane Trust Co_. Parkway Trust Co_ Pelham Trust Co__ Penn Co for Insur on Lives & Grant Ann Tr & Safe Dep Co. Penn W’h’g & S D Co Philadelphia Tr Co.. Phoenix Trust Co__ Provident Trust___ Real Est Tr Co, com do do pref Real Estate T I & Tr Republic Trust Co.. Richmond Trust Co. Roxborough Tr Co.. Susq Title & Tr Co.. Southwark Title & Tr Tacony Trust Oo__ Tioga Trust Co____ United Sec L I & Tr. West End Trust Co. West Phila T & T Co Pittsburgh— Allegheny Val Bank. All Nations Dep Bk. AmSt’eBk&TrofPitts Arsenal Bank______ Bank of Pittsb, N A. Bank of Secured Savs Braddock Nat Bank. Citizens Sav Bank.. City Deposit Bank.. Columbia Nat Bank. Diamond Nat Bank. Dollar Savings Bank Duquesne Nat Bank. Exchange Nat Bank. Farmers Deposit Nat Farmers Deposit Sav Fifth Avenue Bank. First Nat Bk of Birm First National Bank. Fourteenth St Bank. Freehold Bank____ Highland Nat Bank. Homewood Peop Bk. Iron & Glass Dol Sav Keystone Nat Bank. Marine Nat Bank__ Mellon Nat Bank__ Metropolitan Sav’gs Bank & Trust Co. Monongahela Nat Bk Nat Bank of America Ohio Valley Bank, Pennsylvania Nat Bk Penn Savings Bank. Pittsburgh State Bk 2d Nat Bk of All’gh’y Third National Bank Union National Bank Union Savings Bank Western S & D Bank Allegheny Trust Co. Bloomfield Trust Co. Colonial Trust Co. Com’wealth Trust Co Continental Trust Co Dollar Sav & Tr Co.. Dormont S & Tr Co. East End Sav & Tr.. Farmers Deposit Tr. Fidel Title & Tr Co. . Franklin Sav & Trust Hazlewood S & T Co Hill Top S & T Co.. Manchester Savings Bank & Trust Co. Merch Sav &.Tr Co. Metr Sav Bk& TrCo Oakland Sav & Tr Co Peoples Sav & T-ust Co of Pittsburgh __ People's Trust Co__ Pittsburgh Dep Title & Trust Co_____ Pittsburgh Trust Co. Potter Title & Tr Co. Provident Trust Co. Real Est Sav & Tr Co South Hills Trust Co Penn Trust Co___ Terminal Trust Co._ Union Trust Co____ Washington Tr Co.. West End S B & Tr._ William Penn Tr Co. Workingman’s Savgs Bank & Trust Co. Reading— Farmers’ Nat BankKeystone Nat’l Bank National Union Bk.. Penn Nat Bank___ Reading Nat Bank.. Second Nat Bank__ Berks Co Trust Co.. Colonial Trust Co__ Pennsylvania Tr Co. Reading Trust Co.. Surplus & Gross Profits. Deposits. Par. Bid. $ 200,000 76,471 2,095,106 50 991,892 8,924,809 50 500,000 150.000 1,180,532 11,440,232 50 141,534 1,140,895 100 250,000 99,498 1,660,263 100 125,000 150.000 278,027 2,353,948 100 150 337 4,000, ,000 17 ,325,816 66,489,451 100 696,234 50 1,000, 000 400,000 1,000, 000 ,280,856 26,105,663 100 81,678 1,530,048 50 300, 000 2,000, ,000 ,957,546 16,210,566 100 13,131, ,200 ,510,298 7,058,917 ,100 r ioo J2,000 ,000 ,071,841 9,856,327 100 399,374 5,018,542 50 500, ,000 143 ,700 37,784 1,600,339 100 229,661 2,844,053 50 150 ,000 150 ,000 18,838 483,354 50 125 ,000 214,230 1,549,168 100 150 ,000 289,635 2,189,742 100 125 ,000 161,895 2,570,878 50 1.000 ,000 ,356,457 5,960,701 100 2,000 ,000 ,566,346 18,580,072 100 500, ,000 ,017,886 8,300,802 50 500.000 750,000 6,000,000 500,000 100.000 100,000 6,000.000 200,000 200,000 200.000 100,000 172.700 600.000 300.000 7,500.000 242 261 106 908 78 925 318 344 4,929 700 232 028 871. 948 858 073 1,503 704 1,507 852 2,225 867 3,077 768 980 687 1,045 698 5,189 486 1,151 353 223 ,722 278 340 7,025 759 301. 930 1,162 781 216, 935 147 920 572 323 1,239 018 287. 031 7,659 442 449,441 989,235 239,158 490,883 091,192 ,626,974 624,439 762,086 274,476 364,913 179,929 560,765 158,424 ^425,067 630,576 950,221 487,743 242,081 ,719,400 ,957,089 ,777,482 541,679 976,042 ,736,325 151,147 ,628,924 ,051,635 200,000 1,000,000 200,000 100,000 200,000 100,000 100.000 300,000 500.000 2,000.000 1,000,000 125,000 700,000 125,000 2,600,000 1,500.000 450.000 1,000,000 125.000 250,000 1,320,000 2,000,000 175,000 165,400 150,000 67,630 2,379,403 595,603 208,514 343,561 227,907 36,832 1,219,517 409,637 5,666,787 1,970,227 577,828 927,017 107,915 4,289,854 1,665,842 319,760 1,860,674 <73,678 376,482 699,743 6,445,923 312,378 367,135 267,959 2.412.281 17,248,914 5,983,677 2,321,861 1,596,759 2,597,756 1,241,732 6,301,495 3,522,604 23,259,967 28,997,648 3,378,515 6,225,570 1,779,343 18,471,138 12,578,891 1,465,005 12,570,253 1,462,003 10,240,988 664,204 17,149,227 3,203,734 3,040,685 3,044,736 250,000 125,000 200.000 300,000 359,889 86,543 67,630 418,145 100,000 75,000 200,000 100,000 3,000,000 125,000 500,000 150,000 500,000 600,000 600,000 861 105 990 57 698 no 260 198 100 151 62 H 220 276 162 187 331 240 50 60 100 50 50 50 95 100 356 50 50 100 100 378 100 50 100 100 50 100 100 50 100 100 50 100 100 100 100 100 100 100 100 100 50 50 100 100 100 100 50 100 100 50 100 100 100 225 150" 155 88 100 300 285 230 125 315 72 170" 370 225" 130 120" 251 300 330 100 25 100 190 50 3,388,640 50 1,481,773 50 2.412.282 100 5,620.244 100 Ask. Per share. 65 300 450 440 300" 83 69 4,000,000 8,331,094 26,175,744 100 250.000 321,144 3,737,008 100 275 125 000 16,672 1,067,759 100 2,000 000 2,636,260 16,003,086 100 200 500 000 690,462 6,912,739 100 150 000 247,520 1,444,423 100 400 000 167,688 4,461,595 100 ioo" 125 000 235,811 1,718,812 100 400 000 538,273 5,938,687 100 125 000 66,909 507,487 1,500 000 18,024,866 127,293,496 100 4000 350 000 1,411,678 7,593,172 100 555 125 000 674,227 4,528,969 50 125 000 162,243 1,425,896 100,000 1,710,982 12,516,158 50 Per 500, 010 1,812,827 9,248,285 30 165 100, 000 0588,166 1,270,393 30 200, 000 1,022,753 2,491,742 25 160 300, 000 895,597 6,035,657 100 400 500, 000 10,088,449 100 495 300, 000 1,095,222 3,002,571 100 500 750 ,000 0805,116 6,814,993 10 39 500, 000 305,604 3,839,647 10 22 1,000, 000 02,422,366 12,907.687 100 595 500, 000 1,208,052 2,775,313 100 395 Per Scranton— Bosak State Bank__ 500,000 0685,579 5,360,553 50 County Sav Bank_ 600.000 0669,487 7,383,221 100 440 Electric City Bank.. 80,000 <126,568 1,457,813 50 135 First National Bank- 2,000.000 03,350,421 34,262,089 100 725 Green Ridge Bank_ 50.000 091,861 775,888 50 210 Keystone Bank____ 125,000 208,342 1,387,890 50 150 North Scranton Bk 200.000 <235,141 2,970,563 50 235 Providence Bank__ 75,000 0185,851 1,434,165 50 215 Peoples Sav & Dime Bank Tr Co___ 1,000,000 1,470,700 13,746,948 100 475 200.000 0299,576 2,895,947 50 212 South Side Bank__ 400,000 1,313,977 9,317,733 100 515 Third Nat Bank___ Traders’ Nat Bank 500.000 1,134,369 9,229,940 100 680 Union Nat Bank___ 500,000 383,539 3,586,654 100 227 West Side Bank___ 120.000 0358,938 2,794,911 50 185 500.000 Anthracite Tr Co__ 485,703 4,241,504 60 Lincoln Trust Co__ 500,000 0233,406 3,424,749 100 210 372 Vj, 1000 share. 170 165 405 500 505 40 23 600 400 share 285 445 495 233 234 215 ♦Sale price, a Capital paid in; authorized amount is larger, ft Capital to be increased, e Sept. 19 1924. ft Merged with People’s Trust Company, h New stock. I Last sale a year ago. n Nominal, o Dec. 31 1925. r Sold with Ninth Nat. Bank, s Includes Ninth T. & T. Co. t Sept. 28 1925 v April 12 1926. x Ex-dividend. May, 1926.] 63 BANKS AND TRUST COMPANIES TENNESSEE—(Concluded) PENNSYLVANIA (Concluded).— Capital. Surplus & Profits. Gross Deposits. Par. Bid. Per Wilkes-Barre— $ $ Dime Bk Tit & Tr Co 200 000 «374,513 3,482 ,651 50 175 First National Bank. 375 000 1,124,192 7,593 ,130 100 280 Hanover Bk & Tr__ 125 000 nl53,182 1,523 ,387 50 105 Heights Deposit Bk. 50 000 W149.098 1,517 ,148 50 225 Liberty St Bk & T Co 150 000 nI00,071 1,162 ,968 50 85 Miners’ Bk of W-B_ 2.000 000 n4,474,890 21,039 406 50 172 n42,852 2,048 698 50 130 Miners Trust Co___ 275 000 Penn Bk & Tr Oo__ 200 000 n313,218 2,235 ,233 100 275 Second Nat Bank__ 1.000 000 2,819,597 10,066 ,289 100 380 So Side Bk & Tr Co. 125 000 nl32,550 1,805 ,029 50 105 Union Sav Bk & Tr. 250 000 nl]6,138 1,743 ,221 c 25 50 W-B Dep & Sav Bk. 718,355 4,017 ,025 50 325 300 000 Wyoming Nat Bank. 600 000 1,030,344 5,402 ,137 50 145 Wyoming Val Tr Oo. 350 000 1,436,069 5,233 357 50 215 Williamsport— Per First National Bank. 574,589 4,010,541 100 275 300,000 Lycoming Nat Bk.. 443,519 1,692,163 100 295 200,000 West Branch N Bk.. 500.000 1,985,184 5,844,381 100 520 Williamsport N Bk.. 250.000 n344,814 1,237,358 100 240 Northern Central Tr Co______ _______ 500.000 n465,832 4,212 ,795 100 275 Susq Trust Co_____ 702,976 3,734 434 50 120 500.000 York— Per Central Nat Bank.. 221,706 2,023 006 100 160 200.000 Drov & Meeh N Bk. 361,331 2,138 556 100 250 100,000 First National Bank5,427 ,685 100 180 500,000 620,111 Western Nat Bank_ 375,867 2,906 ,167 100 177 225,000 York Co Nat Bank_ 300.000 234,256 2,870 ,511 20 61 York Nat’l Bank__ 500.000 615,789 3,441 ,349 25 49)4 Citiz Savs & Tr Co.. 500.000 ral38,661 2,617 ,611 25 35 Guar Tr Co of York 568,322 3,225 ,516 25 35 500,000 York Trust Co 300.000 539,728 3,337 ,909 50 120 Ask. share 300 110 250 175* 135 400 108 350‘ ' 150 224 300,000 120,000 300.000 329,997 n98,404 339,639 Providence— Blackstone Can Nat. Columbus Exch Bk. High Street Bank__ Mechanics’ Nat Bk. Merchants’ Nat Bk. Nat Bank of Comm. Nat Exchange Bank. Phenix Nat Bank__ Providence Nat Bk. Industrial Trust Co. Lincoln Trust Co__ Rhode I Hos Tr Oo. Union Trust Co___ 500,000 200,000 120,000 500,000 1,000,000 850,000 ol,250,000 450,000 500,000 4,000,000 125,000 3,000,000 1,000,000 871,852 145,000 193.672 488,302 1,707,627 1,180,597 1,353,122 1,262,838 1,401,726 9,309,705 137,742 6,690,532 928,848 Woonsocket— Citizens’ Nat Bank.. National Globe Bk . Woonsocket Trust Co 100,000 100,000 75,000 57,402 96,061 163,540 3,824,908 2,658,000 2,036,322 6,194,629 9,071,594 6,986,775 17,683,803 2,664,264 3,067,776 119,201,838 1,108,468 96,194,658 21,333,500 25 50 50 50 50 50 100 50 100 100 25 1000 100 275 300,000 300,000 125,000 200,000 100,000 562,992 754,529 U41.635 n54,873 n51,535 6,541,585 7,180,124 2,583,119 2,606,556 1,456,747 100 265 100 250 100 100 100 200 Beaumont— American Nat Bank. City Nat’l Bank___ First National Bank Texas National Bank 250,000 250,000 400,000 250,000 506,318 92,370 433,648 97,163 5,910,248 2,312,965 7,269,983 3,131,796 100 100 100 100 120 share. 93 150 Per share. 95 60 115 95 200 109 230 440 5000 165 Per share. 47 SOUTH CAROLINA—National banks April 12; State institutions April 12. Charleston— 200,000 Atlantic Nat Bank_ 200,000 Atlantic Sav Bank.. 200,000 Carolina Sav Bank.. Miners & Merch Bk. 50,000 People’s-First Nat Bk 1,000,000 So Carolina Nat Bk. 1,100.000 So Car L’n & Tr Co. 100,000 Greenville— 225,000 Amer Bk & Tr Co__ 150,000 Bank of Commerce. 25,000 Farmers & Mer Bk.. First National Bank 200.000 Peoples irst Nat Bk 1,000,000 50,000 Piedmont Sav & Tr. Woodside Nat Bk__ 250.000 Spartanburg— American Nat Bk__ Bank of Commerce.. Carolina Nat Bank. Central Nat Bank.. Dollar Sav Bank___ First National Bank. Mer & Farm Bank.. Southern Trust Co.. 150,000 100,000 200,000 400,000 100,000 500,000 100,000 60,000 126,389 3,365,616 100 442,955 4,109,033 100 208,409 2,469,076 100 423,642 100 40,103 564,788 8,716,278 100 945,199 19,833,504 41,528 1,952,979 100 26,046 64,418 «3,749 291,682 «554,407 87,348 n85,612 1,677,897 1,028,346 291,418 1,917,345 9,570,363 1,860,722 3,162,341 163,434 63,476 72,625 334,949 4,417 233,537 127,374 33,180 875,356 918,931 1,460,453 2,683,150 538,919 3,152,438 1,147,310 476,833 Per share. 150 271 225 120 140 200 100 280 250 125 150 210 120 100 105 110 100 112 115 50 m____ 50 100 100 119 121 100 100 100 100 100 100 100 100 175 155 112 168 80 153 235 150 170 150 108 164 75 149 225 140 TENNESSEE—National banks April 12; State institutions April 12. Chattanooga— Amer Tr & Bkg Co_ 500,000 (7601,094 3,602,701 100 Chattanooga S Bk & 652,557 6,068,832 100 Trust Co_______ 1.000,000 First National Bank. 1,250,000 1,310,962 18,026,663 100 Hamilton Nat Bank. 1,500,000 790,419 14,606,496 100 Hamilton Tr & S Bk 250,000 215,545 3,708,801 100 Per share Knoxville— 600,000 City National Bank. East Tenn Nat Bank 1,000,000 200,000 East Tenn Sav Bank 500,000 Holston Nat Bank.. 300,000 Third Nat Bank___ 500,000 Union Nat Bank.__ Per share 575,241 13,510,974 100 250 n745,800 8,075,000 100 240 ... n113,100 3,870,000 100 n219,273 4,123,172 100 180 270,427 2,689,921 100 170 nl63,877 5,968,601 100 165 Per Memphis— Bank of Com & TrCo 3,000,000 2,357,402 31,505,800 100 400 600,000 755.979 10,048,531 100 274 Cent State Nat Bank 100,000 60,795 Columbia Sav Bank. 890,283 100 165 300,000 <726,720 2,023,008 100 114 Exchange Bk & Tr.. 500,000 756,700 8,033,500 100 275 First National Bank 100,000 (7103,089 2,072,226 100 290 Amer S B & Trust__ 124,284 4,010,453 100 95 Fidelity Bk & Tr Co. 1,000,000 300,000 233,517 4,374,416 100 200 Liberty S Bk & Tr_ 150,000 187,712 4,435,544 100 545 Man Sav Bk & Tr__ 100,000 1,553 Solvent S Bk & Tr.. 711,521 10 8 50,000 State Savings Bank. 69,722 1.422,653 100 300 Union & Planters’ 354,094 31,304,821 100 133 Bank & Trust Co. 2.500,000 Bid. Par. Nashville— Per $ $ $ American Nat Bank. 1,500,000 1,363,250 20,365,741 100 320 American Trust____ 500.000 254,008 3,956,362 100 3?0 Broadway Nat Bank 300,000 320,853 4,287,728 100 290 Central Nat Bank__ 300.000 nll0,705 2,169.191 100 150 Commerce-Union Bk 500,000 <7379,657 6,144,061 1(M) 205 Fourth & 1st B&TCo 500,000 147,430 8,000,589 1(M) 325 Fourth & First N B. 1.500,000 1,566,898 21,260,044 100 325 Tennessee Hermitage National Bank__ 300,000 n76,243 1,448,106 100 .101 Liberty Bk & Tr Co. 100,000 25,756 679,188 100 127 Nashville Trust Co_ 350,000 484,144 4,477,959 100 245 Austin— American Nat Bank. Austin Nat Bank__ Citizens State Bank. Texas Bank & Trust. State National Bank 65 1,178,763 100 110 926,075 25 45 3,092,620 100 Gross Deposits. TEXAS—National banks, April 12; State institutions, April 12. 275 300 525 240 Per share. 5,886,256 50 ♦93 594,252 60 91 2,699,854 100 135 Surplus & Profits. share. RHODE ISLAND—National banks April 12; State institutions Feb. 26. Newport— Aquidneck Nat Exch Bk Sav Co. Newport Nat Bank. Newport Trust Co_ Capital. 300 250 _ 200 200 175 share 405 170 116 300 98 575 10 ____ Dallas— Am Exch Nat Bank. Central Nat’l Bank. City National Bank Mercantile Nat Bank Mercantile Tr & S Bk Dallas Nat Bank___ Republic Nat Bank. Nat Bk of Comm’ce. North Texas N Bk.. Central Tr & Sav Bk Dallas Tr & Sav Bk. Republic Tr&Sav Bk State Trust & Sav Bk Atk share 325 325 300 155 210 330 330 102 130 260 Per share Per share 300 ,125 225 120 125 Per share 5,000,000 4,010,109 40,410,516 100 290 205,767 3,137,887 100 95 500,000 3,000,000 1,659,972 28,598,393 100 300 151,376 9,396,578 100 106 750,000 41,078 2,223,035 100 106 250,000 204,124 3,851,657 100 140 500,000 2,000,000 1,655,327 24,075,746 100 205 400,194 4,936,105 100 270 150,000 328,625 9,221,785 100 1,000,000 80,985 1,152,817 100 90 200,000 407,753 4,459,420 1<M) 145 1,000,000 100,940 4,229,501 100 115 500,000 862 755,113 100 100,000 El Paso— 245,832 12,045,350 100 150 First National Bank. 1,000,000 297,283 10,733,462 100 250 State Nat Bank____ 300,000 57,303 3,403,521 100 50 Amer Tr & Sav Bk. . 300,000 Fort Worth— Per Continental Nat Bk. 750,000 n205,986 9,092,326 100 100 Farm & Meeh N Bk. 1,000,000 318,389 13,325,753 100 140 846,798 21,104,399 100 250 First National Bank. 1,000,000 n24,000 Ft Worth State Bank 714,000 100 100,000 Ft Worth Nat Bank. 1 000,000 1,304,399 18,919,762 100 300 130,000 3,288,997 100 250 Stockyards Nat Bk.. 200,000 252,237 5,630,246 100 200 Texas Nat’l Bank__ 500.000 Galveston— Per 242,840 7,293,890 100 175 City National Bank. 200,000 269,902 3,538,740 100 195 First National Bank. 200,000 240,704 5,933,953 100 South Texas Nat Bk. 400,000 161,817 10,284,587 100 ioo U S National Bank_ ul ,000,000 Houston— No minal 7,917 Citizens State Bank. 557,019 100 95 100,000 914,144 32,809,600 1(M) 235 First National Bank. 2,500,000 138,478. 1,698,238 100 175 Guaranty Nat Bank. 200.000 14,548 Gulf State Bank__ 1,155,320 100 90 100,000 524,430 10,806,963 100 175 Houston Nat Bank.. 600,000 11,701 Seaport Nat Bank. 900,562 250,000 915,236 14,744,437 100 235 Second Nat Bank . 1,000,000 698,417 10,044,268 100 270 Nat Bank of Comm. 500,000 56,393 2,465,681 100 125 Public Nat Bank___ 300,000 110,312 5,557,312 100 170 State Nat Bank____ 500,000 Union Nat Bank__ 1,000,000 1,066,175 16.940,345 100 250 South Texas Comm’l Nat Bank_______ 1,500,000 1,023,992 22,254,269 100 260 484,354 3,173,035 100 390 Guardian Trust Co.. 300,000 509,766 4.828,466 100 150 Houston Land & Tr. 1,000,000 95,282 2,209,966 100 110 Marine Bank & Trust 300,000 201,891 2,624,075 100 160 San Jacinto Trust__ 300,000 San Antonio— 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 Comm’ce 600,000 Sam Houston State Bank & Trust__ 100,000 San Antonio Nat Bk. 500,000 Central Trust Co 200,000 Com’wealth B & TCo 300,000 Texas State Bk & Tr_ 300,000 459,860 8,134,704 100 242,782 11,727,835 100 39,965 2,881,801 100 623,365 10,373,376 100 147,794 1,988,919 100 189,750 4,709,326 100 397,347 2,421,228 100 342,985 5,054,320 100 21,251 431,560 100 201,739 2,434,313 100 63,388 3,231,094 100 143,544 3,007,567 100 51,206 3,115,921 100 Waco— Citizens’ Nat Bank 250,000 First National Bank. 1,000,000 200.000 First State B & T Co 300.000 Liberty Nat Bank__ 100,000 National City Bank. Provident Nat Bank. 300.000 263,881 439,251 71,918 211,666 42,518 212,645 3,344,481 7,592,325 1,110,366 2,740,304 585,697 1.955,438 100 100 100 100 100 100 295 100 305 110 110 145 210 120 95 150 125 170 305 75 share 110 150 300 325 300 210 share 185 205 V------ 110 prices 100 250 200 100 250 300 135 190 275 125 170 Per share Per share 200 215 130 200 90 175 220 140 205 100 190 UTAH—National banks April 12 ; State institutions Mar. 27. Ogden— Commercial Sec Bk . Nat Bank of Comm. First Sav Bank Ogden State Bank.. First Nat Bank # 200.000 250,000 250,000 100.000 500,000 Salt Lake City— 600,000 Continental Nat Bk. 500,000 Deseret Nat Bank__ 500,000 Deseret Sav Bank__ 500.000 National Copper Bk 500,000 Utah State Nat Bank 300.000 Utah Sav & Tr Co.. Walker Bros, B’kers 1,000,000 Zion Sav Bk & Tr Co 1,000,000 nl 15,808 71,087 187,386 332,846 139,829 2,620,957 2,519,328 3,522,210 6,717,592 4,170,095 100 100 100 100 100 Per share. 155 95 255 600 150 165 100 255 155 Per share. 203,784 11,873,717 100 115 638,818 5,208,800 100 268 266,170 6,212,584 100 194 183,523 6,065,119 KM) 125 337,747 8,947,995 100 195 185,772 1,801.013 100 150 610,429 20,554,488 .100 230 597,599 11,357,846 100 305 125 272 198 127 205 160 238 315 138 * Sale price, t Ex-dividend, t Includes American Trust Co. a Sept. 28 1925. b June 30 1925. e New stock. d Now Central National Bank. e Sold with First National Bank, g Oct. 26 1925. {Last sale. m Present stock represents anticipation in one-half original capital. n Dec. 31 1925o Merged with Industrial Tr. Co. April 26, 1926. p Amount paid in. u Succeeding Texas Bank & Trust Co. x Ex-dividend, ff Closely held. 64 WEST VIRGINIA—National banks April 12: State institutions April 12. VERMONT—National banks April 12. Capital. Surplus eft Profits. Barre— Granite S B & Tr Co People's Nat Bank.. Quarry S Bk & Tr Co Burlington— Chittenden Co Trust Howard Nat Bank.. Merchants Nat Bank Burlington Trust Co. $ 75,000 100,000 100,000 S 82,287 6166,019 50,828 125,000 500,000 150,000 250,000 196,144 337,761 222,571 595,415 Montpeller— Capital 8 B Sc. Tr Co. First National Bank. Montpelier Nat Bank Montp’r S B & Tr Co 100,000 150,000 150,000 100,000 147,337 102,089 185,761 226,318 Rutland— Baxter Nat Bank— Clement Nat Bank.. Klllington Nat Bank Rutland Co Nat Bk. Rutland Trust Co— 100,000 100,000 100,000 100,000 50,000 698,000 268,087 6144,605 131,724 289,417 Gross Deposits. Par. $ 2,713,652 100 3,923,091 100 1,675,514 100 Bid. Per share Per share. 4,185,056 180 150 2,6.54,173 100 135 566,190 40 65 5,722,099 100 150 Per share. 2,798.810 100 165 2,246,633 100 125 1,853,750 100 125 135 4,587,317 100 350 604,000 3,051,178 444,564 1,408,071 2,326,502 100 100 100 100 100 Per share. Per 6,303,340 100 265 4,306,444 100 208 3,409,993 100 235 738,241 100 2,816,323 100 340 share. 263 215 240 100 Per 1,000,000 817,525 5,821,360 100 235 1,200,000 1,773,512 17,504,801 100 300 1,000,000 924,883 6.724,432 100 195 326,495 2,855,764 25,000 382,299 1,670,222 100 50.000 1,000,000 1,427,762 11,423,788 100 240 1,000,000 857,244 7,926,868 100 195 500,000 260,028 4,413,916 100 175 Per Petersburg— 500,000 a685,000 3,351,000 100 100 Petersburg Sav & Tr. 600,000 152,093 3,045,513 100 Nat Bank of Petersb. Vlrginla Nat Bank.. 1,000,000 6205,472 4,041,890 100 115 share. 240 305 200 Lynchburg— First National Bank. 1,000,000 1,340,884 Lynchburg Nat Bank 1,000.000 963,794 500.000 660,613 People's Nat Bank. . 200,000 Mutual 8av Bk & Tr 2,503 300,000 Lynchburg Tr & 8 B. 390,132 Norfolk— Citizens Bank-------Nat Bk of Commerce Trust Co of Norfolk. Mer & Mec Sav Bk _ . Merch & Planters Bk Norfolk Nat Bank.. Seaboard Nat Bank. Virginia Nat Bank.. Richmond— American Nat Bank. Bank of Comm & Tr . Broadway Nat Bank Central Nat Bank— Fst & Merch Nat Bk. Meeh & Merch Bank State-1 lantirs Bank & Trust Co-------Sav Bank of Richm’d Un Bk & Fed Tr Co. West End Bank----Richmond Trust Co. Virginia Trust Co— Roanoke— American Nat Bank. Colonial Nat Bank.. State & City Bank First Nat lixch Bank Mountain Trust Bk. 500,000 250,000 250,000 300,000 500,000 143,278 118,777 49,857 225,449 230,835 2,936,566 1,237,228 580,361 2,736,524 2,731,839 100 100 100 100 100 2,000,000 1,520,470 15,353,832 100 500,000 657,349 4,392,785 100 300.000 110,188 1,787,950 100 1,000,000 882,137 7,665,149 100 3,000,000 3,355,894 42,872,668 100 200,000 208,265 1,631,300 100 120 140 115 190 175 Per 202 230 129 250 274 230 2.500.000 2,231,375 35,966,972 25 60 200,000 463,326 1,814,069 25 112 750.000 792,011 3,872,670 25 51 100.000 199,358 1,678,191 ift 75 1,000.000 266,453 3,474,653 93 1,000,000 1,595,260 5,857,042 100 585 300,000 6210,000 1,900,000 600.000 6310.580 3,157,198 200,000 617,465 1,021,326 400,000 61,169,416 18,748,054 760,000 6220,670 1,631,154 100 100 100 100 20 185 185 100 425 23 243 200 180 share. 115 120 125 160 120 200 200 share. 225 241 131 265 280 62 116 54 81 96 610 Surplus & Gross Deposits. Profits. Capital. Ask. VIRGINIA—National banks April 12; State institutions April 12. Portsmouth— American Nat Bank. Bank of Tidewater.. Citizens Trust Co— First National Bank. Merch & Farmers Bk [Vol. 122. BANKS AND TRUST COMPANIES Par. La Crosse— Batavian Nat Bank. Exchange State Bank Nat Bk of La Crosse. Security Savs Bank. State Bk of La Crosse 400,000 50,000 500.000 60,000 100,000 437,377 44,115 524,674 38,076 137,220 Milwaukee— American Nat Bank. Badger State Bank.. Bay View Com & S B Central State Bank.. City Bank________ First Wisconsin N Bk Grand A Sixth N Bk Home Savings Bank. Holton St State Bk. Marine Nat Bank__ Marshall & Ilsley Bk Merch & Farm State Merch & Manuf Bk. Milw Comm'l Bank. Mitchell St State Bk. Nat Bk of Commerce Nat Exchange Bank. Northwestern Nat Bk Park Savings Bank.. Second Ward Sav Bk Security Bk of Milw. Vliet St State Bank.. West Side Bank___ Wisconsin State Bk. North Avenue State. First Wise Trust Co. 1,000.000 200.000 100.000 100.000 300,000 6.000.000 200.000 100.000 100.000 500.000 1,000.000 200.000 400.000 100,000 200.000 1,000.000 500,000 200,000 200.000 1,000,000 100.000 200.000 400,000 100,000 200,000 1.000,000 403.971 6331,156 646,660 623,599 660,429 4,929.227 650,000 641.000 625,830 1,377,241 1,824,811 154,594 308.631 52,656 6180.207 503,956 883,650 23,924 6142,311 2,882,780 e64,902 93,718 6556,283 6354,148 6150,264 1,097,837 Per share 218 150 225 150 210 Per share 12,119,152 100 116 6,195,881 100 150 2,407,166 100 176 180 1.'43.352 100 2,743.793 100 "113" 92,864,232 100 216 617,340 100 2,075.000 100 1,142,180 100 121 ......... 12.111,472 100 268 27,701,599 100 216 3,231,415 100 112 3,099,514 100 157 2,009,859 100 3,339,503 100 11,196,314 100 142 145 9,418,047 100 210 933,167 100 105 3,3 12,549 100 16214 167 M 36,779,654 100 1,260,039 100 1,245,713 100 126 3,976,364 100 175 ......... 3,762.199 100 350 3,439,049 170 2,345,641 4.181,014 871,674 5,470,385 1,127,956 2,183,659 100 100 100 100 100 2,789,379 875,119 1,776.118 5,768,489 4,222,093 Per 100 ___ _ Clo 100 1 Faile 100 /July 9 100 WYOMING—National banks April 12. Cheyenne— American Nat Bank. Cheyenne State Bank Citizens Nat Bank.. First National Bank. Stock Growers N Bk. 154,958 23,975 168,937 211.621 83,784 250,000 100,000 100.000 200,000 400,000 CANADA. NOVA SCOTIA. 105 450 26 Per share. 223 265 410 275 425 170 270 340 17714 180 275 345 185 315 330 Spokane— 100,000 American Bank------200,000 Brotherhood Nat Bk Exchange Nat Bank. 1,000.000 500.000 Fidelity Nat Bank.. OldNatBk&UnTrCo 1,500,000 25,000 Security State Bank. Spok & East Tr Co.. 1,000,000 200,000 Washington Trust Co Per 84,709 2,374,710 100 63,464 2,6^7,987 100 303,148 10,919,505 100 122 122,907 4,566,709 100 100 644,278 19,697,609 100 135 79,094 1,076,251 100 440,528 10,636,399 100 105 144,055 1.723,901 100 share. Tacoma— Nat Bank of Tacoma 1,000,000 300.000 Puget. Sound Nat, Bk 527,545 16,478,169 100 140 94,698 3,206,752 100 110 180 126 6Dec. 31, 1925. share ____ ed d 1924 Returns are all of date Feb. 27 1926. Reserve Fund. Capital Paid in. WASHINGTON—National banks April 12; State institutions April 12. • Sale price. a Sept. 28 1925. I Last sale, x Ex-div. Ask. WISCONSIN—Nat banks April 12; Slate institutions April 12. Deposits. Par. Prices are per cent, not per shar e. $ Halifax— $ Bank of Nova Scotia 10.000,000 19,500,000 179,195,125 100 Seattle— 400.000 37,720 921,269 100 Bank for Savings.---200,000 Canadian Bk of Com 5,162,003 100 Dexter-Horton N Bk 2.200,000 925,736 39,604,326 100 500.000 883,974 15,442,499 100 Plrst National Bank. 100,000 102,961 1,548,997 100 Japanese Coml Bank 300,000 135,391 6,184,637 100 Marine Nat Bank— 500,000 Metropolitan Nat Bk 284,325 8,283,689 100 Nat Bk of Commerce 1,000,000 1,009,281 23,641,215 100 500.000 5,127,170 100 Nat City Bk of Seatt 286,887 100.000 139,602 5,068,293 100 People's Sav Bank.. Seattle Nat Bank---- 1,000,000 1,155,166 31,143,417 100 600,000 80,160 2,051,310 100 Am Sav Bk & Tr Co. 200,000 University Nat Bank 71,177 2,592,993 100 Bid. Per share. Wheeling— $ $ S Centre Wheeling Sav 104,000 1,898,000 100 225 100.000 Citlzens’-Mutual Trust Co______ 399,000 5,852,567 100 17614 600,000 Half Dollar 8av Bank 260,263 2,477.513 100 265 100.000 Nat Bank of W Va.. 559,685 4,484,511 100 165 500.000 Nat Exchange Bank. 648,695 5,282,683 100 225 500,000 Cent Union & Tr Co. 275,000 2,041,000 100 135 500.000 So Side Bk & Tr Co.. 100.000 5199,903 1.703,247 100 250 Dollar Sav & Tr Co. 1,162,000 2,608.095 16,608,479 100 300 325 Security Trust Co__ 406,009 3,554.508 100 245 300.000 Wheeling Bank & 688,259 7,063.808 100 275 Trust Ce_______ 500,000 Bid. Ask Per cent 290 ONTARIO. Toronto— Bank of Toronto___ Can Bank of Comm. Dominion Bank___ Imperial Bank of Can Standard Bank___ 175,000,000 20.000.000 6.000,000 (77,000,000 4.823.400 7,000.000 20,000.000 7.000,000 7,500.000 2,900,000 82.679,062 370,297,640 87.813,473 91,177,121 68,055,803 Per cent. 100 216 100 221H 215 100 100 204 50 196 580,919,585 100,210,183 34,644,742 578,645,084 Per 100 259 100 100 100 252 J4 QUEBEC. Montreal— Bank of Montreal__ Banque Canadienne. Provwcial Bk of Can Royal Bk of Canada. 29,916,700 5,500,000 3,000.000 24,400,000 29,916,700 5,500,000 1.500,000 24,400,000 cent. 261 158 253 125 105 140 SASKATCHEWAN. 107 e June 30 1925. Weyburn— Weyburn Secur Bank 524,560 225,000 3,716.100 100 g This is capital paid in; authorized amount is larger. h New stock