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Bank Q uotation and SECTIO N OP TH E C ommercial & [T I~ an c ial ^ hronicle. n Ooprrlghtwl in IW26 , aecuriling to Act of Congrena by W ILLIAM B. DANA COMPANY, In office of Librarian of Congress, Washington, D. VOL. 120. B ank and NEW YORK MAY 9 1925. Q uotation S ection The Bank and Q u o ta tio n Section, issued monthly. Is furnished wilhovt extra charge to every annual subscriber of the C h ron ic le. Th e R a ilw ay Raruings Section, issued monthly, containing the sworn returns o f earnings and expenses filed each month with the Inter-State Commerce Commission, Is likewise furnished without extra charge to every annual C h ro n ic le sutcscriher. Th e Bankers C o n v en tion Section. Issued yearly, giving the detailed proceedings o f the annual coilvetillou o f the American Bankers Association, la also furnished without extra charge to C h ron icle subscribers. The P u b lic U tility C om pendium . Issued twice a year, in April and October. Is also furnished without extra charge to every annual subscriber to the C h ro n ic le. The R a ilw a y and In d u stria l Com pendium . Issued twice a year on the last Saturday in M ay and November, is also furnished withaut extra tharge to every annual C h n nl le subscriber. The S tate and M u nicipal C » npendium . Issued semi-annually on the last Saturday o f June and December, Is likewise furnished wit'orul extra Charge to every annual subscriber to the Com m ercial & F in a n cia l C h ron icle. Terms for the C h ro n ic le. Including the six supplements above named, are $10 per annum within Continental United States, except Alaska. $11.50 In Canada and $13.50 in other foreign countries and United States Pos sessions and Territories. File covers for the C h ro n ic le are sold at $1 00 each (postage 15 cents additional). File covers for Supplements can be had at same price. C H IC A G O O F F IC E .— 203 Houth l.a Salle Street. L O N D O N O F F IC E .— Edwards * Smith, 1 Drapers' Gardens, E. O. W IL L IA M B. D A N A C O M P A N Y . Pu blish ers. Front. Pine and Depeyster Streets. New York. REVIEW OF APRIL— COMMERCIAL AND FINANCIAL EVENTS. During April foreign events in their significance and im portance completely overshadowed domestic ones. They included in the order of their occurrence, (1 ) the overthrow of the Herriot Ministry in France, with some decidedly un pleasant disclosures regarding French Government financing in dealing with the Bank of France, (2 ) the election of Field Marshal von Hindenburg as President of Germany, and. most important of all, (3 ) the return of Great Britain, and, in fact, the whole British Empire, to the gold standard, as well as similar action by a number of other countries, more particularly Holland and the Dutch East Indies. For many months it had been rumored that some such step was in contemplation and financial and trade circles in Great Britain seemed to feel more than the ordinary con cern regarding the matter. The previous month the London Chamber of Commerce Council had passed a resolution say ing an announcement of a return to the gold standard by Great Britain at the earliest possible moment would be ad vantageous, while the Federation of British Industry had addressed a letter to Winston Churchill, the British Chancel lor o f the Exchequer, asking for a statement regarding the Government’s currency policy on the idea that a restoration to the gold standard would be undertaken as a matter of course. A t that time Mr. Churchill appeared to be still uncertain as to when the British Government would be able to present its conclusions in the premises. Asked for a state ment on the subject in the House of Commons on March 2G , he replied that he was anxious to announce the Govern ment’s decision regarding the removal of the embargo on the exports of gold at the earliest moment, but that it was im possible to deal with the question before Easter. H e thought it in the public interest that the Government should have a free initiative in the matter and that it should exercise the utmost care and vigilance in arriving at a decision. Asso ciated Press accounts from London in commenting on this statement expressed the opinion that as Parliament was about to rise fo r three weeks fo r the Easter recess, Mr. O. NO. 3124. Churchill’s reply indicated that it would be May and pos sibly even June before the decision would be announced. In this state of things it came decidedly as a matter o f surprise to have the British Chancellor announce a definite decision regarding this all-important question immediately upon the reassembling of Parliament after the Easter re cess on Tuesday, April 28. Not only that, but no one had counted upon heaving anything more than an outline of the Government’s plan to be put into effect at some date in the future, possibly as early as the 1st of July, but probably not before the autumn, and maybe not until the end of 11)25. In stead, Mr. Churchill electrified Parliament and the public by presenting not merely a definite and complete plan for dealing with the subject, but made the announcement that arrangements had already been perfected for carrying it into immediate effect— as of that vety day. Mr. Churchill chose the occasion of the submission of his budget for the ensuing year, which had been awaited with equal anxiety and interest, as the time for unfolding also the Government's policy concerning the reintroduetion of the gold standard in Great Britain's financial and industrial affairs. The British Chancellor’s plan proved comprehensive and all-embracing, and apparently infinite care had been taken in working it out. A fter discussing the problem in all its aspects and bearings, Mr. Churchill announced the decision of the Government by saying: “ W e therefore have decided that, although prohibition on the export of gold w ill con tinue in form on the statute book until Dee. 31 (1925) a gen eral license will be given to the Bank o f England for the export of gold and bullion from to-day. W e thus resume our international position as a gold standard country from the moment of the declaration that I have made.” Mr. Churchill was careful to add the qualification that return ing to the international gold standard did not mean that Great Britain was going to adopt gold coinage for internal circulation. “ That is quite unnecessary for the purpose of the international gold standard, and it is out of the question in the present circumstances. It would be unwarrantable extravagance which our present financial stringency by no means allows us to indulge in.” On this point Mr. Churchill made the following further observations: “ Indeed, I must appeal to all classes, in the public interest, to continue to use notes and to make no change in the habits and practices they have used for the last ten years. Tho practice of the last ten years has protected the Bank of Eng land and other banks against any appreciable demand fo r sovereigns or half sovereigns, but now that we are returning publicly to the gold standard in international matters, and with free export of gold, I feel it will be better for us to regularize what has been our practice by legislation. I shall therefore propose to introduce a bill which, among other things, will provide (1 ) that until otherwise provided by proclamation, the Bank of England notes and Treasury notes will be convertible into coin only at the option of the Bank of England, and (2 ) that the right to tender bullion to the mint to be coined shall be confined in the future by law, as it has long been confined in practice, to the Bank of England. “ Simultaneously with these two provisions the Bank of England will be put under obligations to sell gold bullion in amount not less than 400 fine ounces in exchange for legal tender at the price of £317 10% per standard ounce. F or any considerable sum of legal tender presented to the Bank of England, the bank w ill be under obligation to meet by bullion at that price.” 6 MONTHLY REVIEW Mr. Churchill also pointed out that exceptional precautions had been taken to fo rtify and strengthen the position of the Bank of England and the United Kingdom against the possi bility of a drain o f gold for export The British Treasury was holding £27,000,000 o f gold in the redemption account as security for its currency note issues (the outstanding amount of which on April 15 was £297,591,000) and he had arranged to transfer this to the Bank of England in exchange for Bank of England notes, and the effect would be to raise the gold holdings of the Bank of England to above £150,000,000. the amount which the Cunliffe Committee in its report made in March 1920 had considered necessary. I t may be noted here that this transfer was immediately made and the Bank of England return fo r the close of business the next day showed an addition of no less than £27,008,901 to its gold holdings, raising the amount to £155,742,064. An increase of £28,107,000 in Bank of England note circulation was re ported at the same time. Mr. Churchill made the further important announcement that the British Government had already accumulated the fu ll amount required to pay the next two semi-annual install ments payable on the debt owing to the United States, and calling for $166,000,000. The statement on this point he put in these words: “ Further, when we made up our minds to take this course, now many months ago, the Treasury began discreetly to accumulate dollars, and we have already accu mulated the whole of the $166,000,000 which are required not only for the June but also for the December payments of our American debt and for all our other American debt obliga tions this year. Therefore— and it is important— the Treas ury w ill not have any need to come on the market in the autumn, when large seasonal purchases of raw material are taking place, as a competitor for the purchase of dollars.” Finally, as a still further precaution, and “ to make assur ance doubly sure,” he had concluded arrangements to obtain, if required, credits in the United States of not less than $300,000,000, w-ith the possibility of expansion, if need be. These credits would only be used if, as and when they are required. “ W e do not expect to have to use them, and we shall freely use other measures in priority.” As to the rea sons fo r all this, the British Chancellor said : “ These great credits across the Atlantic Ocean have been obtained and built up as a solemn warning to speculators of every kind and of every hue, and in every country, of the resistance which they w ill encounter and of the reserves with which they w ill be confronted if they attempt to disturb the gold parity which Great Britain has now established.” Announcements made simultaneously in this country showed the nature and character of the credits established in this country in favor of the United Kingdom. J. P. Mor gan & Co. issued a statement saying that “ in connection with the re-establishment o f a free gold market in London the British Government has arranged a credit of $100,000,000 with J. P. Morgan & Co.,” and the Federal Reserve Bank of New York gave out a statement which read as fo llo w s: “ In connection with the re-establishment of a free gold market in London the Federal Reserve Bank of New York has com pleted an arrangement, in which other Reserve banks w ill participate, to place $200,000,000 gold at the disposal of the Bank of England, i f desired. It is believed that this w ill be an effective aid toward general resumption of gold pay ments.” In its “ Monthly R eview ” for May 1 the Federal Reserve Bank of New York took occasion to refer to the essential differences between the two arrangements. A fter quoting its own statement and that of J. P. Morgan & Co., the bank went on to s a y : A s in d ic a te d b y th e sta tem en ts, th ese tw o arra n gem en ts a re q u ite d iffe r en t. T h e la t t e r is a G o v e rn m e n t b a n k in g c r e d it, w h ile th e fo r m e r is an a rra n g em en t b etw een th e banks o f issue o f the tw o cou n tries. U n d e r th e a rra n g e m e n t b e tw e e n th e R e s e rv e bank and th e B an k o f E n g la n d th e c r e d it cou ld be m ad e o p e r a tiv e in th e v a rio u s w a ys p r o v id e d b y S ectio n 14 o f the F e d e ra l R e s e rv e A c t. S t e r lin g b ills co u ld be pu rchased b y th e R eserve banks, a d ep o sit b a la n ce co u ld b e cre a te d and m a in ta in e d w it h th e B an k o f E n g la n d , o r g o ld cou ld be e a rm a rk ed o r exp orted . T h e p re c is e fo r m o f use, i f an y, w o u ld d epen d u p on th e needs o f the situ ation . In his speech leading up to the decision of the Government fo r the resumption of gold payments, Mr. Churchill dealt with the subject in an interesting and illuminating fashion. H e declared that “ ever since the spring of 1919, first under the W ar Powers Act and later under the Gold and Silver Export Control Act o f 1920, the export of gold coin and bul lion from this country, except under license, has been pro hibited. By express decision o f Parliament the 1920 Act. which prohibits export, was made of temporary character. That Act expires on Dec. 31 of the present year and Great Britain then automatically reverts to the pre-war free mar ket of gold. Now, his M ajesty’s Government have been obliged to decide whether to renew or prolong that Act an the one hand, or to let it lapse on the other, and that is the issue which has presented itself to us. W e have decided to allow it to lapse. “A return to an effective gold standard has long been a settled and declared policy of the country. Every expert; con ference since the war, from Brussels to Geneva— every expert committee in this country— has urged the principle of a re turn to the gold standard. No responsible authority has ad vocated any other policy. No British Government— and every party has held office— no political party, no previous holder of the office o f Chancellor of the Exchequer, has chal lenged. or, so fa r as I am aware, is now challenging the prin [V ol.U 0 . ciple of reversion to the gold standard in international mat ters at the earliest possible moment. It always has been taken as a matter of course that we should return to it, and the only question open has been the difficult and very deli cate question of how and when. “ During the late Administration the late Chancellor of the Exchequer appointed a committee of experts and lugh authorities to examine into the question of amalgamation of the Treasury and Bank of England note issues, and other matters. This inquiry resolved itself mainly into an exam ination of whether, and in what manner, should we return to the gold standard. The committee was presided over by my right honorable friend who is now Secretary of State for Foreign Affairs, Mr. Austen Chamberlain, and then by a private member, and its other members were Lord Bradbury, Mr. Gaspard Farrer, Professor Pigou and the Controller of Finance at the Treasury, Sir O. E. Niemeyer. “ The committee heard evidence from a great number of witnesses, representing every interest. Financial and trad ing interests, manufacturing interests, the Federation of British Industries and others, all were heard. It presented a unanimous report, in which it expressed a decided opinion upon the question of the gold standard, and it sets forth its recommendations as to the manner in which the return to that standard should be effected. I have had the report of this committee printed, and it w ill be available as I finish my remarks this afternoon. “ It contains a reasoned marshaling of arguments which convinced the Government, and it sets forth a series of rec ommendations in which Mr. Chamberlain, though he ceased to be Chairman on becoming Foreign Secretary, has form ally concurred and which his M ajesty’s Government are intend ing to follow in every respect.” In dealing with the merits of the policy of returning to the gold standard. Mr. Churchill indicated that virtually no other policy was open to the British Government. W hat he says in that respect constitutes not the least interesting of his many interesting and enlightening statements. He s a id : “ W e do not move alone. Indeed, I think we could not have afforded to remain stationary while so many others moved. Tw o of the greatest manufacturing countries in the world on either side of us, the United States and Germany, are, in different ways, either on or related to the international gold exchange. Sweden is on gold exchange. Austria and Hun gary are already based on gold or else on sterling, which is now the equivalent of gold, and I have reason to know that Holland and the Dutch East Indies— very important fac tors in world finance— w ill act simultaneously with us to-day. “ so fa r as the British Empire is concerned, the self-govern ing Dominions, there w ill be complete unity of action. The Dominion of Canada is already on a gold standard. The Dominion of South A frica has given notice of her intention to revert to the gold standard as from July 1. I am author ized to state that the Commonwealth of Australia, synchron izing its action with ours, proposes from to-day to abolish the existing restrictions on the free export of gold, and that the Dominion of New Zealand w ill from to-day adopt the same course as ourselves in freely licensing the export of gold. 'Thus, over the whole o f the British Empire,” Mr. Church ill was continuing, when Sir F. W ise interjected a question about India, and Mr. Churchill in reply said India was on her own basis. “ I am speaking of the self-governing Dominions o f the Crown, and I exclude India, certainly, but that in no way affects the argument,” he said, continuing: “ Thus, over the whole area of the British Empire and over a very wide and important area of the world there has been established at once one uniform standard o f value, to which all international transactions are related and can be referred. The standard may, of course, vary in itself from time to time, but the position of all countries related to it w ill vary together, like ships in harbor whose gangways are joined and who rise and fa ll together with the tide. “ I believe that the establishment of this great area of com mon arrangement w ill facilitate a revival of international trade and of interimperial trade. Such revival and such foundations are important to all countries, and to no country is it more important than to this island, whose population is larger than its agriculture or its industry can sustain, which is the centre of a wide empire, and which, in spite of all its burdens, has still retained, if not the primacy, at any rate the central position in the financial system of the world.” Simultaneously with the delivery of fhe British Chancel lor's speech on April 28 cable advices from Melbourne, Aus tralia, stated that Prem ier Bruce had announced on that day that Australia would x ’eturn immediately to the policy of the free export of gold, though the Australian Common wealth Government did not intend to substitute gold for notes as internal currency. From The Hague April 28 ad vices also came to the effect that the Netherlands Finance Minister had announced on that day that prohibition upon the export of gold had been rescinded as from April 29 and that measures had been taken to stabilize the financial situ ation created by the change of policy. H e added that the Dutch East Indies had taken the same course. Gold would not be put into internal circulation, the Minister stated, and export of gold would be allowed only if the rate of exchange was above the gold level. May, 1925.] MONTHLY REVIEW With reference to the .change of Ministry in France that involved many disturbing features and incidents, some of them calculated to impair confidence in the integrity of French Government financing. The Herriot Ministry was not definitely overthrown until April 10, but its position was extremely critical from the very beginning of the month. Its difficulties grew mainly out of the necessity of increasing the lim it of circulation of the Bank of France and a propo sition to make an indirect levy on capital through a forced loan. On April 2 Finance Minister Etienne Clementel ten dered his resignation and a crisis then developed which threatened the withdrawal of the entire Herriot Cabinet. The resignation was an aftermath of an address which M Clementel had delivered on that day and in which the finan cial plans of the Government were discussed. H is remarks dealt with the budget and contained an announcement to the effect that the Government intended to increase the lim it of note circulation of the Bank of France. M. Clementel’s resignation came after Premier Herriot had in the Senate dis avowed the Finance Minister’s policy of extending the limit of bank note issues. Apparently M. Clementel spoke without the authority of the Herriot Government and his resignation followed with his failure to accede to a request to amend his remarks. I t was stated that only the day before M. Cle mentel’s address to the Senate a communique had been is sued, following a Cabinet meeting said to have lasted fa r into the night, indicating the intention to keep within the existing maximum of note circulation and to refrain from seeking authority to increase the limit. Cable advices said that it had long been manifest that M. Clementel was in clined to act on his own responsibility, taking steps without acquainting his colleagues in the Cabinet of what he was planning and thereby embarrassing the Government. Pre viously these incidents had been passed over, but the manner in which he announced to the Senate his new financial measures to increase the note circulation put the Govern ment in such a position that the Premier was obliged to rush to the Upper House and make a reassuring statement. On April 3 President Doumergue announced the appointment of Senator Anatole de Monzie as Finance Minister to succeed M. Clementel— Senator de Monzie accepting on the express condition that the Herriot Government would alter its pol icy regarding an Embassy at the Vatican, for the reason that the religious controversy was destroying the unity of the country and that Catholic support of public finance was essential. The Government accordingly changed its policy towards the Catholic Church in France and determined to withdraw its insistence on the suppression of French diplo matic representation at the Vatican. But that proved of little avail. The Herriot Government had adopted as part of its financial program a forced loan, embracing a 10% contribution by capital; the rate of inter est on the loan was at first planned at 4%, but later fixed at 3%. This program of financial legislation was intro duced in the Chamber of Deputies on April 7 and on the 8th it was announced that the Chamber had determined upon April 10 as the time for its discussion. It also developed that part of the financial program was an increase in the legal maximum of circulation of the Bank of France from 41,000,000,000 francs to 45,000,000,000 francs. The Finance Committee of the Chamber of Deputies eventually, that is on A pril 10, insisted on separating the provision for an in crease in bank note circulation from that making a levy on capital through a forced loan. Associated Press advices from Paris April 7 stated that the Chamber was reported rather nonplussed by the announcement on that day that the increase in the issue of bank notes was to “ regularize exist ing situation.” It was stated that this was the first public disclosure of the fact that the authorized lim it of 41,000,000,000 francs in paper money had been exceeded, although ru mors to that effect had been current on the Bourse for sev eral weeks. The French Parliament, however, it was stated, was placed in the face of an accomplished fact. The money was in circulation to an amount o f about 2,000,000,000 francs more than authorized by law and there was no alter native but to make the situation regular. On April 8 Pre mier Herriot, after receiving from Governor Robineau of the Bank of France a letter recalling the Government’s promise to straighten out the bank’s shortage in its account before that day (the day of publication of the Bank of France’s weekly statement), issued a decree authorizing the bank to increase its circulation immediately by 3,330,000,000 francs, the amount of issue necessary to straighten out the bank’s account. The true figures accordingly appeared in the bank’s return made public on Thursday, April 9. They showed that the legal lim it had been exceeded by 2,030,000,000 francs. It appeared that the Herriot Government had been using about 600,000,000 francs monthly over the legal limit of ad vances fo r the previous three months, largely to meet matur ing Government short-term paper which for various reasons could not be renewed. The accounts stated that for some weeks the Regents of the Bank of France had been chafing under this procedure, fearing for the bank’s credit, as more and more people learned o f the makeshift arrangement, and the previous week had notified M. Herriot that if something was not done to correct the situation they would refuse to sign the bank statement to be issued on April 9. Governor Robineau is said to have received on April 3 a written prom ise from M. H erriot that a measure would be introduced on Monday, April 6, providing fo r the increase in bank note cir culation. Due to Finance Minister Clementel’s resignation, the Government was unable to introduce the measure until Tuesday, April 7. That night’s refusal by the Government to disjoin the bank increase provision from the rest of the financial bill, occasioned further delay, and M. Robineau called M. H erriot’s attention to the situation and his prom ise. The result was the issuance of M. H erriot’s decree authorizing an increase to the extent of 3,330,000,000 francs. Later in the night, however, his legal advisers told him his action was not legal, and accordingly, the decree did not appear in the next morning’s “ Journale O fficiel,” and there fore really had no legal force. Nevertheless, the Regents of the Bank of France took the bull by the horns, and in their return published A pril 9 made it plain, as already stated, that there was actually 43,000,000,000 francs of notes in cir culation. In appearing before the Chamber on April 9 M. Herriot undertook to lay the blame for the financial irregu larities on the preceding French Governments, saying that before he came into office the Poincare Government had bor rowed irregularly from the Bank of France, a statement which brought I’etorts that never had M. Poincare approved a fictitious increase in circulation. These developments, along with the proposal for a forced loan, brought about the defeat of the Herriot Ministry on April 10. In the Senate M. Poincare was very active in his opposition, and the result was that the Senate defeated a motion of confidence by a vote of 156 to 132. The Herriot Cabinet then tendered its resignation. President Doumergue on April 11 then asked M. Painleve, President of the Cham ber of Deputies, to undertake the formation of a new Cabi net. M. Painleve, after tentatively accepting the commis sion, definitely declined on April 12 after a survey of the situation, a statement issued by him showing that the a tti tude of the Senate was the determining factor in his deci sion. Following this, Aristide Briand was on April 12 asked by President Doumergue to form a Cabinet, but was obliged on April 14 to announce that he had failed in the endeavor. M. Painleve was then called upon a second time and this time succeeded in the task. He proceeded along new lines and on April 16 was able to announce the membership of the new Cabinet, the leading names in which were Paul Painleve himself as Premier and Minister of War, Joseph Caillaux as Minister of Finance, Aristide Briand as Foreign Minister, and Anatole de Monzie as Minister of Public Instruction. A t tention centred chiefly upon the appointment of M. Caillaux. He is considered one of the ablest financiers in France, but had been convicted of treason by the French Senate (on chargse, to be sure, that were regarded as decidedly flim sy) five years before and had only recently been restored to his full rights. It was doubtless felt by M. Painleve that M. Caillaux could lift France out of her financial troubles if anyone could. It was announced that the idea of a levy on capital had been abandoned, and the policy of complete sep aration of Church and State would be allowed to lapse. At a meeting of the radical Socialist group on April 16 M. Cail laux made a declaration on the fu tility of “ improvised meas ures” in order to place the Treasury on a sound footing and it was made evident that he meant to resort to thorough going measures for restoring financial stability, even though there would be no resort to a capital levy. The new Ministry made its appearance before the French Parliament on April 21. Joseph Caillaux’s reception in the Chamber of Deputies was fa r from friendly, as was natural, considering the offense with which he had been charged, but notwithstanding all opposition, the Chamber the same evening (A p ril 21) by 304 votes against 218 registered its approval of the program of the Painleve Government. The Associated Press correspondent said that “ the ultimate im position of'drastic financial measures, maintenance of the Embassy at the Vatican and pacification of internal dissen sion. but, above all, real security for France, were the prime points in the Ministerial declaration of the Painleve-Caillaux-Briand Cabinet, read before the Chamber of Deputies and the Senate.” In the French Senate former Prem ier Edouard Herriot was elected President of that body on April 22. Later both the Senate and Chamber voted the provi sional credits fo r May and June requested by Finance Min ister Caillaux, and this paved the way fo r the adjournment of Parliament. It should be stated that on A pril 15, after the Herriot Ministry had resigned and while the new Min istry was being formed, the French Parliament passed a special bill authorizing an increase in the legal limit of the note circulation of the Bank of France from 41,000 000,000 francs to 45,000.000,000, and raising the lim it of advances to the Government from 22,000,000,000 francs to 26 000,000,000 francs, thus disposing of that matter. W ith the return of Great Britain to the gold standard on April 28 the ques tion naturally arose as to whether the French Government might be inclined to take a similar step. In domestic affairs the distinctive feature was further evidence of a slackening in trade. The remark applies with especial force to the iron and steel industry. The “ Iron Age,” in its issue of April 30, pointed out that the uniform report from iron and steel centres was that the lull in buying observed for some time continued. Consumers regarded the weakening of prices and the further efforts of selling forces to get business by concessions, as the natural sequel to more than three months of over-production, and hence had not 8 MONTHLY REVIEW [Y o u 120. abated their caution. A t the same time signs of curtailment ning from 5% to 15% in the prices o f tires, effective May 1, in secondary metal working industries, said the “ Age,” were and the B. F. Goodrich Co., the Goodyear T ire & Rubber Co., lacking and steel producers pointed to the frequency with the Kelly-Springfield and the United States Rubber Co. an which some buyers were ordering as proof that overstocking nounced similar advances. Raw silk recovei'ed somewhat, had not been excessive or as general as some estimates had being quoted here on April 30 at $6 37%@$6 42% for Kansai made it appear. “ There was no such deliberate accumula double extra cracks, against $6 30@$6 35 a pound on March tion of semi-finished steel this year as the Steel Corporation 31, $6 65@$6 75 Feb. 28, $6 70(^$6 80 Jan. 31 and $6 90@$7 00 carried out in the first quarter of 1924, though a number of a pound Dec. 31. steel companies, and here and there a merchant pig iron in Grain prices fluctuated widely and erratically, going up, terest, have large stocks of iron. Rather, the policy of the then down, then up again— all in response to influences of steel companies is to bring production in line with consump one kind or another. The net result, at least in the case of tion. Progress has been made to the point of putting opera wheat, was a substantial advance. The May option for tions for the whole country at 70 to 75% of capacity this wheat at Chicago after selling down from $1 49% April 1 to week.” The significance of this latter statement will appear $1 36% April 3, was up to $1 62% April 11 and down again to when it is said that as recently as January the steel indus $1 44 April 16. Thereafter it see-sawed within narrower lim try was working to the extent of 90@95% of capacity. It its, and the close April 30 was at $153%, against the open may be noted, too, that the U. S. Steel Corporation reported ing price of 148 April 1. The July option, after passing for March 31 unfilled orders on the books of its subsidiary through similar sharp fluctuations, closed April 30 at $1 42, companies of only 4,803,504 tons, as against 5,281.771 tons against $1 39% at the opening April 1. The May option for on Feb. 28 and 5.037,323 tons for Jan. 31. Prices tended corn at Chicago, after tumbling from $107 April 1 to 91 %c. lower, and the “ A ge” made the composite price of finished April 4, touched $111% April 11 and moved irregularly up steel April 28 2.474c. per pound, as against 2.531c. March 31 and down the rest of the month, with the close $104% A pril 1925 and 2.653c. April 29 1924. The composite price of pig 30, against $105% at the opening April 1. The July corn iron April 28 was $20 71 per gross ton, against $2154 on option at Chicago, after going through similar gyrations, Mar. 31 and $21 88 Apr. 29 1924. The first 1925 sales of Lake closed April 30 at $109%, against the opening price of iron ore were made on April 4 and were a surprise, said the $109% April 1. Oats also suffered a bad break at the be “ Age,” outside the ore trade itself, being the lowest since 1910. ginning of the month, with subsequent recovery. The May Non-Bessemer ores, it was stated, went at $4 25 for Mesabi option in Chicago sold down from 42% April 1 to 35% A p ril c-re, a 50c. reduction from the 1924 price, which was SOc. be 3, and recovered to 42%c. April 13, with the closing price low that of 1923. Bessemer ores, the “ Age” said, would sell April 30 40%c., against 42c. the opening April 1. The July at 61c. to 71c. less than the 1924 basis. The decline in ore oats option at Chicago closed April 30 at 41%e., against an was one of the factors in the further decline in the price of opening price April 1 of 43%C. Sugar prices moved still iron. It was noted that French cast iron pipe makers had lower, and Cuban raw sugar got down to 2%c. April 30, against 2 27-32(7/ 2%e. March 31. The wholesale price of re captured some further contracts in this country. The course of prices of the minor metals continued down fined sugar as quoted by the leading refineries ranged be ward during April, though with a marked recovery toward tween 5.60c. and 5.80c. April 30, against 5.80@6.00c. March the close. Lake copper at New York got down to 13%c. April 31. Coffee prices also tended downward, a disposition de 17, but was 13%c. April 30. Electrolytic copper April 17 was veloping to refrain from buying, owing to the high level of down to 13c., but up to 13%c. April 30; in January the price prices maintained, which were regarded as artificial, influ was as high as 14%c. Lead at New York tumbled further, enced by the policy of the Brazilian Government. Futures from 8.40c. to 7.75c. April 20. but was 7.85c. April 30. In declined sharply on severe liquidation with the Brazilian January it had sold as high as 10.60c. Tin at New York also market falling. No. 7 Rio for spot delivery was 19%(^19%c. moved still lower, going from 52 %c. April 1 to SOc. April 14, April 30, against 20c. March 31. New security offerings during April were overshadowed then rising to 55 %c.. and closing April 30 at 54.62%c. Some further reductions in petroleum and gasoline prices occurred by the purchase of Dodge Bros, automobile properties during April. The reductions in petroleum were mainly in by Dillon, Read & Co. and the subsequent offering to inves the heavy grades of oil and particularly in Smac-kover crude, tors of securities of the newly organized successor, Dodge the production of which was very heavy. On April 25, for Bros., Inc., by two separate syndicates headed in each case instance, the Standard Oil Co. of La., after previous reduc by Dillon, Read & Co. One group sold 850.000 shares Dodge tion, made a further reduction of 20c. a barrel in Smackover Bros., Inc., preference stock at $100 per share( each share crude below 24 degrees, making the new price 40c. for cur of preference stock carrying as a bonus one share of com. rent shipment. Reports on April 30 stated that producers of stock, Class A ). The other group offered $75,090,000 Dodge heavy crude in deep sand at Smackover were putting oil in Bros., Inc., 6%c deb. (with certain conversion privileges) at storage as far as possible, refusing to sell at the 40c. pet- 99 & int., to yield over 6.10%. $45,000,000 The Baltimore & barrel price. As a result, it was stated, premium paying was Ohio RR. Co. Southwestern Div. 1st mtge. 5% bonds, due developing and contracts were being made at 60c. a barrel. July 1 1950, were offered by Kuhn. Loeb & Co., Speyer & There were reductions also in Pennsylvania crude during the Co. and the National City Co. at 98 less int., at the accruing month. The best grade of Pennsylvania was reduced from rate from date of payment to July 1 1925. to yield 5.14% to $3 55 to $3 30 and Corning from $2 10 to $1.95. In gasoline maturity, and an oversubscription was reported. Kuhn, there were some reductions outside of this district, hut the Loeb & Co. placed $25,000,000 Missouri Pacific RR. Co. 1st & Standard Oil Co. of New York made no further change in its ref. mtge. 6% bonds, Ser. “ E,” at 99% & int. to date of deliv territory, which includes New York and the New England ery. Bankers sold $10,000,060 Columbia Gas & Elec. Co. States, leaving the tank wagon price here at 20c. and the 3-year 5% notes at 100 & int. Union Trust Co., Pittsburgh, brought out $10 000.000 Union Gulf Holding Co. 5% secured retail price at 24c. There was no improvement in the dry goods market, serial notes at prices ranging from 100 & int. to 100.72 & int., though an urgent demand for silks and certain of the nov to yield from 4%%> to-5%, according to maturity. $10,000,elty rayon and cotton mixtures was noted. The wool mar 000 Commercial Trust Corp. 5% serial notes were disposed ket was very much depressed owing to a further decline in of by Dillon. Read & Co. at prices to yield from 4.50% to foreign raw wool prices. The condition of the cotton goods in 5.75%. according to maturity. A banking syndicate brought dustry was shown in the fact that some Fall River mill shares out 180,000 Class A shares Stern Bros, (carrying voting sold at the lowest prices on record and that several of the trust certifs. for 60 000 com. shares) at $55 50 per Class A mills were obliged to suspend dividends for the first time in share. $8,145,000 Baltimore & Ohio RR. 4% % equip, trust 30 or 40 years. In cotton a favorable feature was the break certifs, Ser. “ B,” were placed by Kuhn, Loeb & Co., Speyer & ing of the prolonged drought in Texas. Oklahoma and other Co. and the National City Co. at prices to yield from 4.20% parts of the Southwest. The season elsewhere in the South to 4.807o, according to maturity, being an average price for was well advanced, permitting planting operations to go for equal amounts of all maturities of 98.43% and an average ward without hindrance. All this was reflected in lower yield of 4.75%). Greenbaum & Sons Investment Co., Chicago, prices for the slaple. There was some extremely hot brought out $7,250,000 Eitel Central Block 1st mtge. 6% se weather in the Southwest at times, the mercury being re rial bonds at prices ranging from 100 & int. to 101 & int., ac ported at 100 degrees and above in parts of Texas, only to be cording to maturity. Kuhn, Loeb & Co. and the National followed by severe drops in temperatures, which gave rise to City Co. offered successfully $7.224 000 Chicago & North fears of frost, but these had only a temporary effect on Western Ry. Co. 5%e equip, oust certifs. in equal amounts of prices and the all-coil! rolling factor was the relief from the all maturities, at an average price of 101.05%o & int., to date drought in the Southwest. Middling upland spot cotton in of delivery and an average yield of approx. 4.80%. Halsey, New York sold down from 24.90c. April 1 and 24.95c. April 17 Stuart & Co. headed a syndicate which offered $6,500,000 and April 20 to 24c. April 2S and was 24.30 April 30. Print West Penn Power Co. 1st mtge. 5% bonds, Ser. E, at 97% & cloths at Fall River for 28 inch, 64 x 64s, were marked int., yielding 5.18%. $5,000,000 Equitable Office Building down April 14 from 7%c. to 7%c. Crude rubber advanced , Corp. 7% convertible cum pref. stock was sold by a syndi to the highest figures reached in nearly five years owing to cated headed by Dillon. Read & Co. at 100 & div. In addi the large consumption in the United States, particularly in tion to the above mentioned domestic offerings there were the automobile trade, and aided, of course, by the British several flotations of large foreign loans. Speyer & Co. headed policy of arbitrary restriction of exports. Advices from a syndicate which placed $15,000,000 State of San Paulo > London at the very close of the month stated that rubber (United States of B razil) 25-year S% secured bonds, exter exports from the British controlled plantations beginning nal loan of 1925. at 99% & int., to yield 8.10%. $8,000,000 with May 1 would be increased from 55% of the total output City of Oslo (capital of Norw ay) 30-year 6% bonds, due to 65%. Smoked ribbed sheets for spot delivery April 30 May 1 1955. were sold by Kuhn. Loeb & Co., at 99% & int. were quoted at 4514 @45%c.. against 42%(5>43c. on March 31. Bankers offered $5,500,000 Province of Manitoba, Canada, and first latex crep at 45%@46%c., against 43%@43%c. 2-year 4%%> notes and 20-year 4% % bonds; $3,000,000 notes The Firestone T ire & Rubber Co. announced increases run j being offered at 100% & int., to yield 4.43%, and $2,500,000 M ay , 1925.] MONTHLY REVIEW bonds at 95% & int., to yield over 4.85%. Foreign corporate issues floated here were as follow s: $14,000 000 Ujigawa Electric Power Co., Ltd. (U jigaw a Denki Kabushiki Kaisha) 1st mtge. 7% bonds were brought out by a syndicate headed by Lee, Higginson & Co., at 91 & int., yielding over 7.90%. Jesup & Lamont placed $10,000,000 Andian National Corp., Ltd., 1st mtge. 15-year G% bonds at 100 & int. Announcements of dividend changes during April were not quite so numerous as in previous months. A few com panies increased their dividend disbursements, among them being Allis-Chalmers Mfg. Co., which raised its quar. div. on com. from 1% to 1%%. Montreal Light, Heat & Power Consolidated increased its quar. div. from 1% % to 2%. American Light & Traction Co. raised the quar. cash div. on com. from 1% to 1% % , but omitted the stock div. of 1% paid regularly from Feb. 1921 to Feb. 1925, incl. Mahoning Coal RIt. decl. a div. of $12 50 on com., as compared with previous divs. of $10 per share. The quar. div. on National Brick Co. of Laprairie, Ltd., 7% cum. pref. was raised from 1% to 1%%. Deere & Co. of Moline, 111 increased the quar. ., div. on its 7% cum. pref. from 1% paid last quarter to 1%%. Middle West Utilities Co. resumed divs. on com. W illysOverland Co. resumed on its 7% cum. pref. Magma Copper Co. made its first distribution since Jan. 1919. American Linseed Co. resumed on its 7Vo non-cum. pref. stock. Com. divs. were resumed by G. R. Kinney & Co., Inc. Elgin Watch Co. decl. an extra of 25c. per share. An extra of 50c. per share was deck on Chicago M ill & Lumber Co. com. Two extra divs. of 4% ($1 each) were deck by American Hard ware Corp., Hartford. Hudson & Manhattan RR. deck an initial semi-ann. div. of 1% % on its com. stock. Producers Oil Corp. of America deck an initial div. of 5c. a share on com. A stock div. of 33 1-3% was deck on Harbison-Walker Refractories Co. com. On the other hand, a small number of companies reduced or omitted their div. payments. Miami Copper Co. reduced its quar. div. from 50c. to 25c. per share. The quar. div. on Exchange Buffet Corn, was cut from 50c. to 37%c. per share. York Mfg. Co. deck a semi-ann. div. of 2%, as against 3% paid last December. American Coal Co. of Alleghany County reduced its quar. div. from $1 to 50c. per share. F. M. Hoyt Shoe Co. deferred payment of divs. on its 7% cum. pref. Consolidation Coal Co. omitted its div. on com. The quar. div. on Doehler Die Casting Co. com. was passed. Hazeltine Corn, suspended payment of divs. St. Lawrence Flour M ills Co., Ltd., omitted the usual quar. div. on com. Lincoln Mfg. Co. failed to pay its usual quar. div. The semi-ann. div. on Everett Mills was passed. The stock market, after its severe break in March, enjoyed substantial recovery in April. Liquidation had evidently been thorough and complete, and drives against the market no longer succeeded in dislodging much stock. The result was that attempts of bear operators to cover such of their outstanding short commitments as they had not pre viously been able to close out led to sharp upward reactions in the cases of those properties which had suffered espe cially pronounced losses. The room traders, in turn, finding it impossible any longer to scalp profits on the short side commenced to operate on the long side of the market. With no major movements under way transactions began to dwindle and the volume of transactions dropped below a million shares a day on many days during the first half of the mouth. Meantime the tone of the market steadily improved under the influence of renewed advances in special groups of stocks and particularly the motor shares, as well as some of the railroad stocks, and the latter part of the month increasing activity again developed and the course of the market once'more tended strongly upward, notwithstanding weakness in a number of special stocks. The motor shares were the strong feature from the very beginning of the month. The situation in the automobile trade was evidently the reverse of that which existed in the early months of the previous year. Then the output of cars was in excess of the demand, making subsequent curtailment imperative. This is evident from the fact that while in January 1924 the make of passenger cars in the United States and Canada was 293.823. in Feb. 343,445, in Mar. 357.003 and in April 340.35(5. in May the output proved only 280.273 cars and in June but 225.034 cars. The present year, on the other hand. January started with a production of 212.909 cars, and this was in creased to 252.185 cars in February, and further increased to 332,108 cars in March. The April figures, of course, are not yet available. A ll accounts agree, too, in saying that the automobile manufacturers wCre meeting with an excellent demand. Accordingly, there appeared a good basis for op erations for higher prices in the motor shares. At all events, the motor shares were the features of the market, and many o f them established sensational advances in prices. Not only that, but in the case of some of them concerning which glow ing accounts of prosperity were published, new high records of prices fo r the year were established over and over again as the month progressed. Maxwell Motor class B shares touched 89% April 18, against 55% April 2. and only 33 !4 Jan. 27. General Motors common, which after selling up from 64% Jan. 5 to 79 Feb. 10 had dropped to 68% March 30. on April 18 was back again to 75%. Nash Motors common, which had distinguished itself for a new high even in March, at the time of the great collapse in the market and got up to 298 March 26 against 193% Jan. 5, moved forward still higher in April, touching 368% April 18, with the close April 30, 358. Packard Motor common touched 23% April 8, against only 15 Jan. 16, though the close April 30 was at 20%. The speculation in the motor shares was, of course, aided by the announcement which came March 31 that a syndicate of New' York bankers headed by Dillon, Read & Co. had acquired the automobile properties of the Dodge Bros, in an all cash transaction, the p.ice being $146,000,000, fol lowed by an offering of 850.000 shares of the preference stock (carrying an equal amount of common shares) of Dodge Bros., Inc., at $100 per share and $75,000,000 of 6% gold debentures of Dodge Bros., Inc., at 99. The activity and strength of some of the railroad shares was a no less conspicuous feature and served perhaps even more than the rise in the motor shares to restore the tone of the market after the staggering blow it received the previous month. The strength here, however, was not common to the whole railroad list, but was confined largely to Southern and Southwestern stocks and particularly the latter. Elsewhere there was a manifestation of weakness, especially in the case of the Northwestern properties, that is in the northern half of the territory lying between Chicago and the Pacific Coast. Current returns of earnings for these roads, con trary to the reports of business revival which had been cur rent for so many months, were poor, and this proved a sad disappointment and led to extensive selling of the stocks of these roads, carrying the prices of many of them to the low est figures of the year. Among such may be mentioned Chicago & North West common, where the falling o ff in earnings gave rise to fears that there might have to be a fur ther reduction even in the dividends at the declaration in May or June. This stock sold down to 47 April 14, against 75% Jan. 12. St. Paul & Omaha touched 33% April 22, against 59% Jan. 13. Union Pacific com. dropped to 133% April 24, against 153% Jan. 10. Northern Pacific sold down to 58% April 25, against 71% March 6; Great Northern pref. to 60 April 24, against 71% Jan. 8; Milwaukee & St. Paul com. and pref. also dropped still low er; even Pennsylvania shares made their low record for the year in April, the an nual report for the calendar year 1924 not having been up to expectations. Erie first pref. and Erie second pref. and Chicago & Alton ccm. and pref. also distinguished themselves by a low record for the year to date. On the other hand, Southwestern roads and most of the Southern roads moved in the contrary direction and made for themselves new high records. Conditions here appeared to be wholly different from those prevailing in the Northwest. Texas. Oklahoma and Arkansas had in 1924 raised cotton crops of unusual size and they also had abundant grain crops, as did Kansas and some other States in the same territory, and were able to dispose of them at high prices. This in turn seems to have led to a considerable revival of trade in that section. At all events, returns of railroad earnings here were satisfactory in gross as well as net, while in the case of the Southern roads, even where losses appeared in the gross, these were wholly or largely overcome by reductions in expenses. The stock market reflected this by further advances in the prices of these shares, which in numerous instances reached new high figures for the year. This is true of Southern Railway com., which April 30 sold up to 93%, against 77% Jan. 2, of St. Louis-San Francisco, which got up to 74% April 24, against 57% Jan. 16, of Seaboard A ir Line com. and pref., of Colorado Southern com., of Reading Co. 1st preferred, and of several others. In all of these the rise was steady and persistent and evidently due to good buying. A few railroad stocks in other parts of the country also beat their best pre vious figures to date. Thus Delaware & Hudson sold up to 155 April 6. against 133% March 30. and later in the month it appeared that the Company had arranged to lease the Buffalo Rochester & Pittsburgh for (5% per annum on the com. and pref. stocks of that company. Buffalo Rochester & Pittsburgh com., which on April 2 had sold at 48. accord ingly rose to 85 April 30. Norfolk & Southern com., after selling at 21% April 22. the low figure of the year, advanced to 30% April 30 on a change in -the individual control of the property. The Norfolk & Western arranged for a lease of the Virginia Railway at 6% on the two classes of stock of the latter and Norfolk & Western com. rose from 125% April 3 to 133% April 23: it had sold March 20 as high as 134%. The industrial shares followed a course of their own and showed considerable irregularity from day to day, now mov ing up and now down. There was apparently more or less manipulation in the case of the specialties, which had broken so badly in March. The fluctuations in some of these cov ered a wide range, and while there was gene-al recovery, it was far from equal to the previous loss. U. S. Cast Iron Pipe & Foundry com. sold down to 131% April 22. but closed at 146, against 165 March 31: this stock had sold at 250 Feb. 11. The rubber stocks were strong on the advance in the price of crude rubber and the marking up of the price of rubber tires. The sugar stocks were weak on the downward ten dency of the price of rubber; American Susrar com. touched 71% April 14, the high figure of the year, but later declined and it closed April 30 at 61%. It should be stated that the radio stocks also showed an advancing tendency on the con tinuous growth of the radio industry and the light and power properties were likewise in demand at advancing prices. Anaconda Copper and many of the other copper stocks recorded their lowest figures of the year during April and many of the steel shares passed through the same expe- MONTHLY REVIEW 10 rience on account of the slackening of activity in the steel trade. The whole stock market showed greatly improved tone with a revival of public interest the latter part of the month. The news that Field Marshal von Hindenburg had on Sunday, April 26, been elected President of Germany had a temporary weakening effect on Monday, April 27, but this was completely overcome when the announcement came on Tuesday, April 28, that Great Britain had decided to return to the gold standard and to return at once. Bond prices showed moderate improvement for the list as a whole, with sharp advances in the case of bonds of Southwestern roads and others which were giving such a good account of them selves in their income returns. On the German election, the German Government external loan 7s sold down to 91% on April 27, against 95 April 4, but closed April 30 at 93%. French external 7s of 1924 on April 13 sold down to S6 on the French political complications, but recovered to 89% April 21; then a relapse occurred and the close April 30 was at 88. V O L U M E O F B U S IN E S S O N T H E S T O C K E X C H A N G E . M onth of A p ril— 1925. 1924. 1923. 1922. Stock sales— N o . sh3. 24,844,207 18,116,828 20,091,986 30,634,353 B on d sales (p ar va lu e )— R a ilro a d & m is c e ll. §187,599,500 §127,719,000 $141,074,900 §224,910,250 U . S. G overn m en t 57,330,700 31,808,000 60,043,075 183,804,500 S tate, m unicipal 31,137,410 87,893,000 42,438,500 62,567,500 and fo re ig n _____ T o t a l bond s a le s .. $276,067,610 Jan. 1 to A p ril 30— Stock sales— N o . shs. 137,503,599 B on d sales (par va lu e )— R a ilro a d & m ls c e ll. S912,900,300 U . S. G overn m en t 176,744,900 S tate, m unicipal and foreign _____ 181,571,660 $247,420,000 §243,556,475 74,011,688 88,950,968 §471,282,250 83,102,049 §652,688,000 254,410,000 §615,861,400 265,549,845 $683,195,600 715,691,700 181,866,000 178,473,400 221,713,500 T o t a l bond s a le s ..§1,271,216,860 §1,088,964,000 §1,059,884,645 §1,620,600,800 The money market during April became easier again and the trend of rates was downward. Particularly was this true regarding rates for time loans, which often reflect the trend of the money market more accurately than do the fluc tuations in call loans, which latter are governed more or less by local and transitory causes. Slackening of trade became still more pronounced, curtailing mercantile needs for money, while the big break in the stock market during March diminished the demand for Stock Exchange purposes. A t the same time, however, the fact that the Clearing House banks in their statement for April 4 showed surplus reserve nearly exhausted and in their return two weeks later, on April 18, revealed an actual deficiency of $14,596,130 below legal requirements, led to more or less calling of loans on the part of banks in order to restore impaired reserves, and on such occasions call loan rates naturally spurted temporarily upward. The requirements to meet the State income tax due April 15 acted in much the same way, as also did the financial negotiations connected with the carrying through of certain undertakings of unusual size. Among these latter should be mentioned particularly the purchase by a syndi cate headed by Dillon, Read & Co. of the Dodge Brothers automobile properties. In the process of financing the un dertaking the syndicate, as already noted, offered 850,000 shares of preference stock allotment certificates at $100 petshare, calling for $85,000,000, and $75,000,000 Dodge Bros., Inc., 6% gold debentures at 99, involving 74,250,000, the two together therefore requiring $159,250,000 of cash. The o ffer ings were heavily oversubscribed, though at the close of the month, after payment for the purchase had been made, they both sold at a discount below offering prices. The payments connected with such huge financial transactions, both those involved in the public subscriptions and those involved in making payments to the Dodge Brothers estates, were nat urally not without some influence upon the money market, even though the effect in each instance was slight and tran sient. According to the “ W all Street Journal” of April 22, the proceeds of the two issues, aggregating, as already stated, close to $160,000,000, were deposited equally with two New York financial institutions, the Central Union Trust Co. and the National Park Bank. One of them, said that newspaper, promptly bought $40,000,000 of short-term bills from the New York Discount Corporation and other discount houses as a temporary investment pending final payment of the funds to the original Dodge owners. Newspaper accounts state that altogether $146,000,000 was paid the Dodge Brothers fo r their plants and business. Payment was made after the close of the month, that is on May 1, in a single check for the fu ll amount, drawn on the Central Union Trust Co., and this check in turn was deposited to the credit of the account of the Dodge Brothers in the Hanover National Bank of this city, where it remained until transferred to Detroit the fo l lowing week. The clearings at the New York Clearing House on May 1 totaled $1,697,000,000, the highest on record, though the Dillon Read & Co. check did not pass through the Clear ing House until the next day. These matters are mentioned here, in the summary fo r the month of April, because they mark the completion of an important financial transaction of that month. In the flow of money during April there were a number o f cross-currents, such as withdrawal of funds from New York by institutions in the interior and transmittances to New York from other cities, all of which had some transient influence on the call loan branch of the market, but were otherwise without effect. Stock Exchange loans, it is believed, were further reduced, as some further heavy sell ing occurred on the Stock Exchange, though the stock mar ket the latter part of April, as already noted, manifested renewed strength. (V ol.U 0 . Call loans on the Stock Exchange on April 1, follow ing the upward spurt at the close of March on the preparations for the 1st of April payments, still ruled as high as 4% % , but two days later, on April 3, were down to 3% % . On A pril 6 there was another spurt to 4% % on the calling of loans, in duced by the almost complete wiping out of surplus reserves in the return of the New York Clearing House banks and trust companies for the preceding Saturday, April 4. By the middle of the month, however, the quotation was down again to 3% % and it remained at that figure for a whole week. Then came the Clearing House statement for April 18 showing legal reserves impaired to the extent of $14,596,130, with the result that the following Tuesday, April 21, the call loan rate again spurted upward to 4% % . By A pril 25 the deficiency in reserves had once more been eliminated, and on April 28 and April 29 the quotation was back to 3% % , but April 30 the preparations for the 1st of May payments occasioned a rise to 4% % . The renewal rate was 4% % A pril 1, 4% % April 2, then 3% %to April 7, when there was a change tc 4%, and this remained the renewal charge until April 14, when there was again a drop to 3%%. No further change occurred until April 22, when there was au advance to 4% ; April 29 saw the rate once more down to 3% % , fo l lowed, however, by a return to 4% April 30. Time loans were in liberal supply all through April, except that o ffe r ings at the very close of the month were somewhat smaller, owing to the extra demands incidental to the May 1 settle ments. Rates were fractionally lower, being April 30 3 3% % per annum for 60-day loans and 3% @ 4% for 90 days and for 4, 5 and 6 months, against 4% for 60 days, 4@ 4 % % for 90 days and for 4 and 5 months and 4% % for 6 months on March 31. Rates for commercial paper were lowered to 3% @ 4% for 4 to 6 months’ names of choice character, with names less well known requiring 4@ 4% % . New England mill paper and the shorter choice names were negotiated at 3% % the latter part of the month. Rates on bankers’ ac ceptances were also fractionally lower. For call loans against bankers’ acceptances the posted rate of the American Acceptance Council fluctuated be tween 3% and 3 % % during the month, the rate moving up or down accordingly as the call loan rate on the Stock Exchange moved up or down, with the quotation at the close 3%. On April 30 the Acceptance Council quoted rates cn prime bankers' acceptances eligible for purchase at the Federal Reserve banks as follow s: 3% bid and 3% asked for bills running 30 days, 3% % bid and 3% % asked for bills running 60 and 90 days, 3% % bid and 3% % asked for bills running 120 days, and 3% % bid and 3% % asked for bills running 150 and 180 days. There were no changes dur ing April in the rates of discount by any of the Federal Re serve banks. RATES FOR M O N E Y A T N E W YO R K , W E E K LY . A p r. 3. A pr. 10 A p r. 17 A p r. 24 Week Ending — Call Loans on Stock Exchange— 3 X -4 R an ge fo r w eek (m ixed & indus. co ll.) -3 M -5 3 X -4 X 3 X -4 4 W e e k ’s a verage (m ixed & indus. co ll.) - 4 X 3X 3M Time Loans (Mixed & Industrial Collateral) — 3 ^ -4 4 4 3 X -3 % S ix ty d ays-------------------- . -— N in e ty d a y s________ _____ . . ______ - 4-4 H 4-4 X 4-4 X 3 X -4 4-4% - 4-4M 4-4 X 3 X -4 F o u r m onths. .. — 4-4 X 4-4 X 3 X -4 F iv e m onths____ ______ - 4-4 X 3 X -4 Six m o n t h s ___ __ _______ - 4X 4X 4X Commercial Paper— D o u b le and single names— 3% -4 4 4 . 4 P rim e 4 to 6 m onths _ G o o d 4 to 6 m onths. . .. ___ . 4 X 4-4 X 4X 4X M ay 1 3 X -4 4 3 X -3 X 3 X -4 3 X -4 3 X -4 3 X -4 3 X -4 4-4 X In the foreign exchange market the distinctive feature during April was the further sharp rise in sterling bills on London, to close to actual parity on the decision of the B rit ish Government for the immediate restoration of the gold standard. The pound sterling in the exchange- market had been steadily rising for some weeks in expectation of some such step, and an announcement regarding the British Gov ernment’s policy in that respect had been looked for with the reassembling of Parliament after the Easter recess, but vir tually no one had counted upon the Government going so fa r as to decide upon the immediate return to the gold basis. Accordingly, everyone may be said to have been taken by surprise when Winston Churchill, Chancellor of the British Exchequer, in presenting his budget in the House of Com mons on April 2S, announced that the restrictions on the ex portation of gold bullion would be immediately lifted— in fact would be removed on that very day— and a full return to the gold basis effected at once. That was a brilliant stroke of policy that sent a thrill through the world. Sight bills on London had advanced almost without interruption from $4 77% April 1 to $4 82% April 27, and on April 29 (the day after Mr. Churchill’s announcement) got up to $4 84% and ruled at the same figure the next day, April 30. The rate for cable transfers advanced to $4 84%c. The actual par of sterling is $4 86.65, but foreign exchange dealers calculate that it would not pay to import gold unless the pound should fall below $4,829, nor to export it from New York unless it rises above $4,904, and within these limits, therefore, ster ling will be at practical parity. The rise brought sterling to the highest figures reached in ten years, or since shortly after the outbreak of the Great War, and the action of the British Government in arranging a credit of $100,000,000 in its favor in this country with J. P. Morgan & Co. and the further action of the Federal Reserve Bank of New York in arranging to place $200,000,000 gold at the disposal of the Bank of England affords assurance, of course, that fluctua tions in sterling rates w ill be confined within the limits indi cated. Aside from this event of all-controlling importance May, 1925.] MONTHLY KEVIEW \ there were no features of any great consequence during the month in sterling exchange. The wide and erratic fluctua tions in the price of wheat had the effect, it is believed, of checking somewhat the exports of that commodity, thereby lessening the supply of bills from that source; as a matter of fact, however, commodity shipments at this season are al ways light and offerings of commercial bills somewhat scant. This made the rise in sterling correspondingly easier, while another favoring circumstance was the fact that money rates here ruled much easier than in London, making it an inducement to transfer balances from this side to the other and to retain there the balances previously transferred. In rates on the Continental centres the return of Great Britain to the gold basis wms, of course, also a favoring in fluence the latter part of the month, though in much smallei degree, and in the case of the French franc it was preceded by the disturbing incidents growing out of the change in the French Ministry and the German Presidential election, which eventuated in the choice of Field Marshal von Hindenburg. The first mentioned event was complicated by the necessity of enlarging the legal lim it of bank note circulation allowed the Bank of France and the fear of a levy on capital. The election of von Hindenburg, while fa r from being a reassur ing event, w-as of consequence chiefly because of his monarchial leanings and the apprehensions thereby aroused in France. The market value of the French franc, however, was surprisingly well maintained. It may be that French Government support was extended to prevent a bad break, but doubtless, also, selling pressure was held under restraint by recollection of the sad experience which bear operators had the previous year when they tried the experiment of short selling on an extensive scale. From 5.24 April 1 checks on Paris declined to 5.10% April 3, owing to fears that the legal limit of the note circulation of the Bank of France would have to be extended, assurances to the contrary by Premier Herriot not receiving credence. A feature of the trading at this time, indicative of the unsettled feeling pre vailing, was the unwonted activity in franc futures, which caused the spread per month under prevailing spot levels to widen appreciably. End of April delivery dropped to 2 points under spot delivery, against 1% points, while 3 months’ delivery fell to 6 points under spot and 6 months’ delivery to 10@12 points under. However, the quotation 11 of 5.10% reached on April 3 proved the low figure of the month, and rates thereafter improved, notwithstanding M. H erriot’s proposal to put out a forced capital loan and his further proposal to raise the lim it of advances by the Bank of France to the French Government with the- subsequent discovery that the Bank of France had already exceeded the legal maximum of its -circulation in order to provide funds’ for the Government. Renewed collapse was perhaps pre vented by the placing of restrictions around dealings in francs. It became known that spot remittances could no longer be sold against purchase of dollars or other foreign currencies, although trading in futures was unaffected. The move, it was believed, had been instituted to keep capital from leaving the country. A fte r the advent of the Painleve Ministry to control of the Government, a measure was quickly passed, as set out above, legalizing the increase in Bank of France note circulation surreptitiously made, and fixing the new limit at 45,000 000,000 francs, against the previous maximum of 41,000,000,000, and much satisfaction was expressed in financial circles over the selection of M. G'aillaux as Finance Minister in the newr Cabinet. A new source of disquietude developed with the election of Field Marshal von Hindenburg as President of Germany on Sun day, April 26. This led to a drop of four points on April 27 in checks on Paris, but quick recovery ensued the next day with the announcement that Great Britain was instantly to return to the gold basis, this exercising a beneficial influence on French exchange the same as in all other branches of for eign exchange. By April 29 the rate fo r French checks was up once more to 5.24, with the range April 30 5.20% @5.22. Belgian exchange was not influenced by the erratic fluctua tions in the French fra n c ; instead, variations in the i*ates for checks on Antwerp were compassed within narrow limits, the low for the month being 5.02% and the high 5.09. The Italian lire also fluctuated within narrow limits. Greek ex change was benefited by rumors that Greece had secured a large loan from American and English bankers and rates continued to move up, even though the rumor was denied. A t the beginning of the month the drachma declined from 1.60 April 1 to 1.58% A pril 3, but by April 27 the quotation was up to 1.89% and the close April 30 was 1.89. The Ger man gold reichsmark continued unchanged the whole month at 23.81 and the Austrian crown did not deviate from .0014%. R A T E S OF E X C H A N G E O N C O N T IN E N T A L C E N T R E S . Note.—Method o f quoting French, Swiss and Belgian francs and Italian lire changed on Dec. 1 1920 to shew the value o f all these different units In cents per unit. Th e previous method o f quoting was to give the number o f fraves or lire to the dollar. P a r is S w iss Francs < Bankers' Checks 1 5.16H a5.24 2 5.16 a5.195* 3 5.10M a5.165* 4 5.14 05.185* 6 SUN 6 5.119*a5.155* 7 5.11}*a5.145* 8 5.125*05.175* 9 5.1 1 }*a5 .1 4 10 5.111*05.12 11 5 .1 5 }* 05.17 SUN 12 13 5.165* a 5 .175* 14 5 .1 2 }*a 5 .1 3 }* 15 5 .1 2 }* a5.21 16 5 .1 6 }*a 5 .2 1 }* 17 5.24 a 5 .2 8 }* 18 5.195*05.22}* SUN 19 20 5 .1 9 }* 0 5.22}* 21 5 .2 0 }* 05.23}* 22 5 .16?*a5.19}* 23 5.175*05.21}* 24 5 .1 8 }* a 5 .20 25 5 .1 9 }*0 5 .2 0 }* SUN 26 27 5 .1 6 }* 05.19}* 28 5.185*05.215* 29 5.22 }*a5 .2 4 30 5 .20}*a5.22 A n tw e rp Quilders Bankers’ Cables Checks 5.17}*a5.25 5.17 05.20}* 5.115*05.17}* 5.15 a5 .1 9 }* DAY 5.125*05.16}* 5 .1 2 }* a5 .1 5 }* 5.135*a5.185* 5.125*05.15 5.125*a5.13 •5.165*05.18 DAY >.175*a5.185* 5 .1 3 }*a 5 .1 4 }* 5 .1 3 }* 05.22 5 .1 7 }* a 5 .2 2 }* 5.25 05.29,}* 5.205*05.233* DAY 5 .2 0 }* 05.235* 5 .2 1 }*o 5 .2 4 }* 5.175*05.20}* 5.185*05.225* 5.195*05.21 5.20}*a5.215* DAY 5.175*a5.205* 5.195*05.225* 5.23>^ a5.25 5.211*05.23 19.275*0.28}* 19.28 19.285* 19.285* SUN 19.30 19.31 019.32 19.31}* 19.31}* 19.31}* 19.31}* SUN 19.31 'A 19.31al9.31 ■* 19.31}* 19.31}* 19.315* 19.32 SUN 19.325*019.35 19.34 a l9.35 19.35al9.35}* 19.35 19.36 19.365*0.37}* SUN 19.375*019.39 1 9 .3 7 }*a l9 .3 9 19.37 al9 .3 8 19.37 3* Cables Sight Cables 19.285*0.29}* 39.815*039.8: 19.29 39.82 19.29 3* 39.82 o39.8 19.295* 39.86a39.87 }* DAY SUN 19.31 39.94039.96 }* 19.32 019.33 39.915*039.9 19.325* 39.91039.925* 19.325* 39.87}*a39.9€ 19.325* 39.88 039.89 19.32}* 39.87 039.88 DAY SUN 19.325* 39.88 039.90 19.32a39.32}* 39.88 039.92 19.32}* 39.915*0.935* 19.325* 39.92 39.89 o39.91 19.325* 19.33 39.86 039.88 DAY SU N 19.335*019.34 39.88 19.35 019.36 39.89 039.9 19.36019.36 }* 39.93 039.9 19.36 39.95 039.98 19.37 39.9854a40.02 19.375*0.38}* 40.02a40.08 }* DAY SU N 19.385*019.40 40.01 O40.07 1 9 .3 8 }*o l9 .4 0 40.04 040.13 19.38 a l9 .39 40.10 a40.12 19.385* 40.105*040.12 Ita lia n Francs A m s te rd a m Francs Lire Bankers' Cables Checks 19.835*039.85 5 .0 6 }*a .0 9 5.07 a.08 39.84 59.84 039.88 5.05 a .075* 39.88o39.89 5* 5.085*0.07}* SUN DAY 39.96a39.98 5* 5.025*a.05 39.935*039.96 5 .0 2 5*a.04}* 19.93039.94 }* ■5.035*a.05 19.895*039.92 5.02 }* a. 03 X 19.90 039.91 5.025*a.03 19.89 039.90 5.04 a .04 }* SUN DAY 39.90 039.92 5.035*0.04}* 39.90 039.94 5 .0 2 }*o.0 3 M 19.935*0.955* 5 .0 2 }*a .0 5 5.03 a .04 }* 39.94 19.91 o39.93 5.04 5*a.07}* 59.88 039.90 5.025*a.04 SUN DAY 5.03 a .04 }* 39.90 39.91 039.96 5.035*0.04}* 59.95 039.98 5.03 a .04 19.97 O40.00 5.03 5*0.045* 40.00 5*a40.04 .5.04 a .05 }* i0.04a40.085* 5.035*0.05 DAY SU N 10.03 O40.09 5.04 a.05 H 10.06 040.15 5.045*0.06 5* 10.12 a40.14 5.06 5*0.075* <0.125*040.1 5.06 a.07 Sight Bankers’ Cables 5 .0 7 }* a .l0 4.105*0.11}, 5.08 a.09 4.095*0.105; 5.06 a .08 5* 4.08 5*o.10M 5.07 5* a.OS 5* 4.095*0.105 DAY SU N 5.035*a.06 4.085*0.10 5.035*a.055* 4.08 a.09 5.045*0.06 4 .0 95*0.10}* 5.03 5 *0.04}* 4.095*0.10 5.035*0.04 4.085* 5.05 a.055* 4.085*0.085* DAY SUN 5.04}*a.055* 4.09 a .0955.035*0.045* 4.085*0.09}* 5.035*a.06 4.085*a.095* 5.04 a.055* 4.095*0.105* 5.055*0.085* 4.095*0.11 5.035*a.05 4.08 a. 0 8 K DAY SUN 5.04 a.055* 4 .0 85*0.09}* 5.04 }* a.05 }* 4.095*0.10 5.04 a.05 4 .0 8 5 *a .l0 5.04 }* a .05 }* 4.095*a.095* 5.05 a .06 }* 4.09 5*a. 105* 5 .0 4 ^ a .0 6 4.095*0.10 DAY SUN 5.05 a .03 5* 4.075*0.085* 5.055*0.075*4.08 a.OOV 5 .0 7 }*a.085* 4 .08}*a.0954 5.07 O.08 4.09 a . 105* 1.115*0.125* 1.105*0.11}* 1.095*0.11}* 1.105*0.11}* DAY 1.095*0.11 1.09 c.10 1.105*0.115* l.l0 5 * a .ll 4.095* 1.095*0.095* DAY 1.10 a .105* 1.095*0.105* 1.095*0.105* 4.105*0.115* 1 .1 0 }*a .l2 1.09 a.09 5* DAY 4.095*0.105* 1 .10 5 * 0 .1 1 t .0 9 5 * a .ll 4.105*0.1055 4.105*0.11}* 4 .1 0 5 * a .ll DAY 4.085*0.095* 1.09 a .105* 4.095*0.105* 4 10 a.115* o reek N o w qu oted in C en ts per D rach m a Bankers' Cables Checks 1.60 1.60 1.585* 1.60 SUN 1.66 1.665* 1.71 1.705* 1.69 1.715* SUN 1.765*0.785* 1.7954 1.80' 1.835* 1.865*0.89 1.885* SUN 1.845*0.895* 1.84 a.86 1.805*0.845* 1.835* 1.845* 1.885* SUN 1.895* 1.875* 1.88 1.89 1.605* 1.605* . 1.595* 1.605* DAY 1.66 5* 1.67 1.715* . 1.705* 1.695* • 1.72 DAY 1.77 a.79 1.80 1.805* 1.86 1.875*0.89}* 1.895* DAY 1.855*0.90 1.84}*a .8 6 5* 1.81 a.85 1.84 1.855* 1.89 DAY 1.905* 1.885* 1.885* 1.895* S p a n is h D e n m a rk 1 . ___________ . . . ___ _____- 2 4 I I ____ 5 ___ _______________ 6 . _ _ _ _ _ _ 7 ._ _ _ 8 . ___ __ -_____ __ _ _ 9 10 ___ ________ - ii _ __________ 12 13 __ ____________ ___________ _____ ______ ___ ______ _ _____ - _______ _____ __ 15 16 17 18 19 ___ ________ ___ 20 __ ________ - 21 _____________ 22 ________________ 23 ____ - _____ 24 ________ - _ 25 __ ________ 26 _____________ 2 7 __________________ 2 8 __________________ 2 9 ____________ __ 3 0 __________________ S w eden N orw a y B e r lin Kroner April. V ie n n a Kroner Kroner f Reichsmarks Kronen Pesetas Ban}ters' Checks Cables Ban ters’ Checks Cables Ban ters’ Cables Checks Ban ters’ Cables Checks Bankers* Cables Checks Ban ’ ers’ ■ Checks Cables 26.92 26.96 26.915* 26.955* 18.33al8.4G 26.915* 26.955* 18.36al8.38 26.915* 26.955* DAY SUN D A Y 18.3854a.40 26.955* 26.915* 18.37al8.41 26.915* 26.955* 18.35al8.42 26.92 26.96 18.39 26.92 26.96 18.38al8.40 26.915*0.92 26.955*0.96 18.38 26.955* 26.915* DAY SUN D A Y 18.39 26.955* 26.915* 18.38al8.40 26.955* 26.915* 18.43al8.45 26.915* 26.955* 18.48al8.53 26.91 26J05 18.48al8.53 26.915* 26.955* 26.955* 18.49ol8.50 26.915* SUN D A Y DAY 26.955* 18.32al8.37 26.915* 26.955* 18.38a.39 5* 26.915* 26.955* 18.43al8.47 26.91}* 26.955* 18.44al8.53 26.915* 26.955* 18.55a.58 5* 26.915* 26.955* 18.54al8.55 26.915* SUN D A Y DAY 26.955* 18.495*0.55 26.915* 2 6 .9 5 }* 26.9154 18.48a.605* 18.54a.605* 26.78a26.91 26.82a26.95 18.«2al8.70 2 «. 73tf2«.74 2fi.77o26.78 13.26i2 a.23*2 13.30i2 a.32i2 L8.29al8.3l i8 .3 2 a l8 .3 i SUN 18.34 54a.36 I8.33al8.37 18.31al8.38 18.35 18.34al8.3t 18.34 SUN 18.35 18.34al8.3t 18.39ol8.41 18.44al8.4E 18.44al8.4S 18.45al8.4t SUN 18.28al8.33 l8.34o.35 }* 18.39al8.43 18.40al8.4S 18.51a.54 }* 18.50al8.51 SUN 18.455*0.51 18.44o.56 5* 18.50a.56 5* 18.58ol8.6fi f G o ld o r ren ten m ark equ iva len t to one trillio n paper m arks. 15.70al5.7C 15.735*0.80 15.81015.8'; 15.83ol5.8 SUK 15.87al5.96 I5.96a.99 5* 15.9512 a.97i2 15.94al5.9t 15.96 15.96 SUN 15.96 15.96al6.01 16.10al6.15 16.14al6.1f 16.22ol6.2E 16.30al6.3f SUN 16.26al6.3E 16.20a.285* 16.27al6.31 16.25alb.28 16.30al6.3, 16.28o.28 5* SUN 16.21al6.25 16.22ol6.37 16.32al6.38 16.3fiH o.51 15.74al5.8C 15.775*0 84 I5.85al5.91 !5.87O15.S0 DAY 15.91al6.00 16.00a.0 5* 15.9912 a.OU2 15.98ol6.C0 16.00 16.00 DAY 16.00 16.00al6.05 16.14al6.19 16.18al6.20 16.26al6.33 16.34al6.3E DAY 16.30ol6.3f 16.24a.32}* 16.31ol6.35 I6.29al6.32 16.34al6.36 15.320.325* DAY 16.25ol6.29 16.26al6.41 1 6 .3 8 ol6 .42 16.40 H a.55 23.81 23.81 21.81 23.81 SUN 23.81 23.81 23.81 23.81 23.81 23.81 SUN 23.81 23.81 23.81 23.81 23.81 23.81 SUN 23.81 23.81 23.81 23.81 23.81 23.81 SUN 23.81 23.81 23.81 2.3.81 23.81 23.81 23.81 23.81 DAY 23.81 23.81 23.81 23.81 23.81 23.81 DAY 23.81 23.81 _ . 14 23.81 23.81 23.81 23.81 DAY • 23.81 23.81 23.81 23.81 23.81 23.81 DAY 23.81 23.81 23.81 23.81 .00145* .0014}* .00145* .0014}* SUN .0014}* .0014}* .0014}* .0014}* .00145* .00145* SUN .00145* .0014}* .0014}* .0014}* .00145* .00145* SUN .0014}* .00145* .00145* .00145* .00145* .0014}* SUN .00145* .00145* .0014}* .00145* .0 0 145* .0 0 145* .0 0 14 5 * .0014}* DAY .00145* .00145* .00145* .00145* .00145* .00145* DAY .00145* .00145* .00145* .00145* .0014 5* .00145* DAY .00145* .00145* .00145* .00145* .00145* .00145* DAY .00145* .0014}* .00145* .00145* 14.24a.25 5* 14.17a.2 4 H 14.16al4.21 14.21al4.2l SUN 14.18al4.21 14.18a.195* 14.215* 14.225* 14.225* 14.225* SUN 14.22i2 a.23»2 14.22al4.27 14.23al4.2-< 14.25al4.27 14.29al4.3? 14.28a.30 5f SU N 14.27 }*a.2E 14.2754a.31 14.28al4.30 14.28a .29 5* 14.29a.30 }* 14.30a.315* SUN 14.305*0.33 14.33a.36 54 14.38H a.42 14.45al4.62 14.26o.275* 14.19a.26 }* I4 .18al4.23 I4 .23al4.25 DAY 14.20al4.23 14.20a.215* 14.235* 14.245* 14.24 5* 14.24}* DAY 14.2412 0.251a 14.2 4al4.25 14.25al4.26 14.27al4.29 14.31al4.35 14.30a.32H DAY 14.295*0.31 14.295*a.33 14.30al4.32 14.30a.315* 14.31a.32 5* 14.32a.33 5* DAY 14.325*0.35 14.35a.385* 14.40H o.44 14.47al4.64 MONTHLY REVIEW 13 [V ol. 120. The Bank o f A u stria.reduced its discount rate on April 25 to 31 l-16d. April 29 arid closed A pril 30 at 313-16d., against from 13% to 1 1 % . The Bank o f Germany showed a reduc 31 %d. April 1. tion in note circulation the first week in April of 21,339,000 marks, a reduction the second week of 105,610,000 marks ^ b. b. b-b- b. « x x ©o * e * x x x ^ h t .X0 0 0 30 . > h 0 0 00 0 Q 8 Q§ ^ C Ct3«Qu and the third week of 165.556.000 marks, but the fourth week S QQQQC3Q 0 0 0 0 ^ ° 4? 9 *2 2 * = (as usually happens in that week because of preparations for s.s.jr xb b r^ tsOsO © co x s x O s O iO •-•w b bb* - -. bb » - bbbbbOO 0 GGO O O O -x 0 OOC CCC O DO O NbNNNS the end-of-the-month settlements) recorded expansion of T Tf ry ty T< }« t ^ ^ ^ T Tf * 429,654.000 marks. XX -^X XXX= .C = =X=X T * ©b X Exchange on the form er neutral centres shared in the CNNT Nh b h V h XS N NN XjrXXX X X©©© OO N C j* T T - =N j<J 4 O y b b »b b b GO C * » X fXOC 1 s b » ** * S *« general improvement which came with the announcement oooo oo o o - # j O o o o o o o o o o o o o oooo i =I o f Great Britain’s return to the gold standard. As stated 3 o x x x x ry -yX X c -y ryryr ry-yo * ©b b-X©© oy r 0 t«t^r^b>r^b> bbbbbb b-r»t^x bNKb further above, Holland and the Dutch East Indies took Q < yyt • ^ ryry ryryT T ry ryry>y*Ty » y yy <-y»y ■ ryryryryry •yT T T simultaneous action with Great Britain in this matter. The _ = Dutch guilder, as represented by sight bills on Amsterdam, » NNflO XXXX X x-x-.bx-bx* Xryry©©b b ©b © M bbbbyjb b b x-bx-b bbbbbb b b ©b »3 3 bbb --o was quoted April 30 at 40.10%@40.12, against 39.81 %@39.83 3* » » a a 8888 888 e{3 « o c e « e c 888888 CC« C Q April 1. Swiss francs also improved somewhat, moving up X (N(NC CCC C C CCCCC C ^ *o O Ct -©© ssXl OOO 4 OOOOOO O O> (N from 19.27% April 1 to 19.39 April 27, with the close A pril 30 19.37%. Spanish pesetas after declining from & * 14.25% April 1 to 14.16 April 3, advanced to 14.62 April 30. < © CCC^ b*b>bb»3^b» Crf T OO*S b # O C O t * ^ «r »b *Nb»b» ryto©©b b b C©C b5 C b NoO T o T Co oO b -b o o o b b b b b b X 0O o - b The Scandinavian currencies likewise advanced with the o o o o o o oo o oo o o oo exception of the Swedish crown, which was quoted at 26.73@ £*2 £ ryv -ytSO ",b b oa y < Tb b \ C C C 'N .^ O C b < cococo^^ < b b b b C©^ b b b b OOO ^ C ^ O 26.74 for checks April 30, against 26.92 April 1. The Danish bbb bbb bbbb-<bbbbf f ■yiy iy iy ^ iy P T ryT < y y y T *0 mryr t < crown on checks rose from 18.26 April 2 to 18.66 April 30 and =x§ the Norwegian crown from 15.70 April 1 to 16.51 April 30. X?£ x b b b b r o b b b bXw»bEr b x x x x x *b b b-b x x cico^^y xooxor b b b x j r x x x ^ s b ® b b bbb Norwegian exchange was benefited by the placing in this O o o o t OO OOOOOO o o o o oooo oooor^o country of a loan of $8,000,000 for the city of Oslo, the cap SSKR HO ^t XX©© 0-4 HxC x bbb® C C O S N b b X COC ital o f Norway and form erly the city o f Christiania. A loan x x bbb ry«y ^ -y> ^ y^ « y y was also placed here of $2,000,000 for the Copenhagen Tele phone Co. = 0 0f00 f00 X f x x x x X=XX b b XX XS*.? X Xb b=0bx0 x©©©r-e* wx xyx 0f bbbbjwb b 0 0 b 0 b h - b b x x x x -y-< b b b XXXX Bates on South America showed no general trend, moving o 2 ^ ° OOOOOO OOOOOO 0000^8 oo o o now up and now down and then up again. Bates at the close S3 X O o t^bbX = =XX^X XXrXXX X©©©©~* XX^-»y xx o f the month on Brazil and Chile were slightly higher than bbbb ,,bb x x x x b b b b x x ^<N bbbb *y-«yry>yry<y ■y««y ry -»y iy ry < * < ^^^^ at the beginning, and rates on Argentina exactly the same. A loan of $15 000 000 for the State of San Paulo. Brazil, was XsXX X X X X X X = £ X .r .rX jrX ^ b b XX XXXXwb x x x x x x X©©©^--M oix x x »»» bbbb bbbb^b b bbbb b b b b XXX x o o o placed in this country on March 31. In exchange on the Ear OOOO OOOOOO OOOOOO OOOOOO o East the feature was the further rise in the Japanese yen. X-j? „ „ x ^ x X j? X X X ” 2x i 5 •-« b b 0 X XXXb^b x x x x x x XXO 0 © 5 which April 30 was quoted at 42%@42%, against 41%@42 bbbb bbbb b b b b b b b < < y< < yy y ^ ”y^ -y ^y ry iy iy ny «y< < T <y< y» y ^ April 1. The Bank of Japan lowered its discount rate fo r the first time since 1919 from 2.2 sen to 2 sen (per day S 1 *2 *0s.? C C b-b-b-X lO 2 *0C O O *0 O © xxxx per 100 yen ). Bates on the silver using countries were S S S S SSStSijfb^ bibibib^Sb^ ° S ° ° ^ 2 °°»0 ° 308'38'J 00002^ OOOO generally a fraction higher, notwithstanding the decline in »0 bbbbbb CO©©©b-X X JH 00000 O rH the price of silver. The dollar on Hong Kong April 30 was b 1 ^ 1 1 1 *0 bbbbbb bb»XX 54%@55. against 54%@54% April 1; the tael on Shanghai 73%@74%, against 73%@73%, and rupees on Bombay HNW i"OCONXO)OH^W -<uflCObX05 0HNM*yiO®bXC5 0 P-H^r^H^rHpH^^tNCKNClClINClClClClM 36%@36%, against 36%@30%. Silver in London was down R ATES OF E X C H A N G E Canada Czecho slovakia Dollars Kronen Leu e Polish Zloty CAecki Apr Checks Checks Checks 2.96 2.96 H .4654 .4554 .47 54 .48 1954 1954 1954 1954 .0014 .0014 .0014 .0014 .4754 .47*4 .47 54 .46 54 .4654 .4654 1954 1954 1954 1954 1954 1954 .0014 .0014 .0014 .0014 .0014 .0014 Checks Checks 2.96H 2.96 yi disc' 2.9BH disc' i dlsc’ t dlsc’ t dlsc't disc'i 2 .9 6 H 2 .9 6 ^ 2.965< 2.96 % 2.96 % .46 54 .4554 .45 54 .45 54 .45 5 4 .45 54 1954 1954 1954 1954 1954 1954 .0014 .0014 .0014 .0014 .0014 .0014 dlsc't 2.96 H 2.96M 2.96 H 2.96 54 2.96 54 2.9654 .45 54 .4554 .4554 •4554 .45 -45 1954 1954 1954 19 54 1954 1954 .0014 .0014 .0014 .0014 .0014 .0014 2 3 -2 4 -2526- _ 2 7 -262 Q- an. 2.96.*4 2.96 54 2.9654 ° y/ .4454 .4454 .45 1954 1954 19 M .0014 .0014 .0014 0G1 4 '» % Par Par Par Par Par Par *64% >31% 1 .^ -4 2 .9 6 H 2 .9 6 ^ 2.96M 2.96 X dlsc't disc'. C o lo m b ia ♦ C h ile zP eru B olivia no Dollars Sucre Peso Bolivar Peso Libra Checks Checks 19 a Checks Checks Checks Checks 33 33 33 33 1-3 1-3 1-3 1-3 97.30 97.30 97.30 97.30 21.83 21.83 21.83 21.83 94.34 94.34 94.33 94.42 6 1-3 1-3 1-3 1-3 1-3 1-3 97.30 97.30 97.30 97.30 97.30 97.30 21.83 21.83 21.83 21.83 21.83 21.83 94.33 94.33 94.33 94.33 94.33 94.33 19H 10 1 1 --- 33 33 33 33 33 33 13 . . 14 -15 10 17 1 8 --- 33 33 33 33 33 33 1-3 1-3 1-3 1-3 1-3 1-3 97.30 97.30 97.30 97.30 97.30 97.30 21.83 21.83 21.83 21.83 21.83 21.83 20 - . 2 1 --2 2 --2 3 ... 2 4 --. 2 5 - .2 0 ___ 33 33 33 33 33 33 1-3 1-3 1-3 1-3 1-3 1-3 97.30 97.30 97.30 97.30 97.30 97.30 97.30 97.30 . 97.30 27--. 33 1-3 28... 33 1-3 33 1-3 29... **o t n 3 n r- n vv q 11.20 11.28 11.21 11.19 4.17 4.15 4.15 4.15 19« 19H 19 *4 19 M 19>£ 11.12 11.22 11.09 11.09 11.09 11.09 4.16 4.16 4.16 4.16 4.16 4.16 94.35 94.33 94.52 94.61 : 94.97 , 94.52 19* 19* 19* 19* 19* 19* 11.19 11.16 11.20 11.01 11.28 11.25 4 15 4.15 4.15 4.15 4.17 4.17 21.83 21.83 21.83 21.83 21.83 21.83 94.52 94.70 94.70 . 94.87 94.79 94.70 19* 19* 19* 19* 19* 19* 11.25 11.31 11.31 11.21 11.18 11.26 4.16 4.16 4.15 4.15 4.15 4.15 21.83 21.83 21.83 94.70 94.07 93.90 19* 19* 19* 11.26 11.27 11.30 4.15 4.15 4.15 a n ov O "* 0*1' 19 K 19 H 1 ’/ ° 11 *R ? Checks Cables Checks Cables 2.53 2.53 2.53 2.53 33.39 33.46 33.42 33.26 33.44 33.51 33.47 33.31 10 .6 6 10.76 10.81 10.81 10.71 10.81 10.8 6 10.8 6 .74 .74 .74 .74 .74 .74 2.53 2.53 2.53 2.53 2.53 2.53 37.87 37.52 37.96 33.32 33.32 33.32 37.92 37.57 33.01 3 3.37 33.37 33.37 10.80 10.81 10.66 10.66 10 .6 6 10.73 10.85 10 .8 6 10.71 10.71 10.71 10.78 .74 .74 .74 .74 .74 .74 2.53 2.53 2.53 2.53 2.53 2.53 33.36 3 3.02 33.19 33.26 3 3.36 33.13 33.41 33.07 3 3.24 33.31 33.41 33.18 10.76 10.77 10.75 10.70 10.63 10.59 10.81 10.82 10.80 10.75 10 .6 8 10.64 5.16 5.16 5.00 5.16 5.16 5.16 .74 .74 .74 .74 .74 .74 2.53 2.53 2.53 2.53 2.53 2.53 33.00 37.87 3 1.06 3 3.26 3 3.26 3 3.23 33.05 37.92 33.11 33.31 33.31 33.28 10.50 10.50 10.58 10.68 10.53 10.63 10.55 10.55 10.63 10.73 10.63 10 .6 8 5.16 5.16 5.10 R 1R .74 .74 .74 2.53 2.53 2.53 o -3 33.29 S33.36 3 3.43 7 l' 33.34 33.41 3 3.48 7' «« 10.66 10.65 10.65 in 70 10.71 10.70 10.70 in 7 R 70 .. . H ong Kong Shang hai Yoko ham a M a n ila S in g a pore B om bay Dollar T u rk ey ____ 5.00 ____ 5.00 ____ 5.00 5.00 SUN d a y " ____ 5.00 ____ 5.00 ____ 5 00 ____ 5.00 ___ 5.00 5.00 SUN d a y " ____ 5.00 ____ 5.00 ____ 5.00 ____ 5.00 ____ 5.00 5.00 SUN D A Y * ____ 5.00 ____ 5.00 5.00 5.00 5.00 5.00 SUN d a y " 5.00 5.00 ____ 5.10 R.m Checks .74 .74 .74 .74 5.16 5.16 5.16 5.16 5.16 5.16 Checks Checks 1 ___ 2 --3__ _ 4— - M Ureis 5.16 5.16 5.16 6.16 5.16 5.16 Escudo E cu ad or U ru g u a y Brazil Peso 5.16 5.16 5.16 5.16 1.62 1.6153 1.615$ 1.6154 SUNDAY 1.6154 1.6254 1.62 1.62 1.62 1.62 8U N D A Y 1.62 54 1.62 1.6154 1.6154 1.6154 1.6154 SUNDAY 1.61 54 1.6154 1.6154 1.6154 1.6054 1.6054 SUNDAY 1.60 54 1.6154 1.62 54 1 «<> j/Portu gal B o liv ia Vene z u e la Argentina Checks dlsc't dlsc’ t dlsc't dlsc't dlsc’ t dlsc't 10-- 2 0 -21 -- 7 g 9 Checks *16% *16% *16% *16% *16% *36% 9 -1 0 -1 1 -1 2 -1 3 .14- 15- 16-17-1« — ’ d Bulgaria Finnish Markka d Russian Chervonets >16% >16% *31% >16% ‘ 66% ‘ 66% 8-- 2.96H 2.9BX C E N TR E S. Serbia diac't dlsc't disc’ 1 disc't O TH E R Hungary *n % >16% *16% *66% 1 .. 2 -. 3 -4 -. 5 .. 6 -7 -- A p r il Bucharest ON Yen Peso J a va Tael Dollars Rupees Guilders Checks Checks Checks 5 l% a 5 i% 7 3 * a 7 3 * 4 1 *3 4 2 Checks Checks Checks Checks 54‘* a 5 4 ^ 7 3 * 3 7 4 * 4 1 *3 4 2 5 1 « a 5 4 ^ 7 3 * 3 7 4 * 1 1 *3 4 2 7 3 * a 7 4 * 1 1 *3 4 2 1 9 *3 4 9 * 9 *3 4 9 * 1 9 *3 4 9 * 1 9 *0 4 9 * 1 5 *0 5 6 * 5 *o5 6 * •■ 5 *o 5 6 * i5 * o 5 6 * 1 8 *a3 6 * 1 5 *o 3 6 * 1 8 *o 3 6 * 1 6 *0 3 6 * 19*3 4 0 0 340* 0 a40* 1 9 *a 4 0 5 4 *a 5 4 * 5 4 *a 5 4 * 5 4 *a 5 4 ^ 54H a54*g 5 4 * a54 % 5 4 *a 5 4 ^ 7 3 *a 7 4 * 7 3 *a 7 4 * 7 3 *3 7 4 * 7 3 *a 7 4 * 7 3 *3 7 4 * 7 3 *a 7 4 * 1 1 *8 4 2 * 1 1 *3 4 2 4 1 *8 4 2 1 1 *3 4 2 4 1 *3 4 2 1 1 *8 4 2 1 9 * 3 4 9 * "> 6 1 9 * 3 4 9 * ‘>6 1 9 * 3 4 9 * >6 1 9 * 3 4 9 * >5 1 9 * 0 4 9 * >5 1 9 * 0 4 9 * >6 54^a54^ 5 4 *a 5 3 * 5 4 •* i5 4 * 544^545* 5 4 *n 5 4 : * 5 4 i* a 5 4 ^ 7 3 *3 7 4 * 7 3 *3 7 4 * 7 3 *a 7 4 * 7 3 *3 7 4 * 7 3 *3 7 4 * 7 3 *a 7 4 * 4 1 *8 4 2 42 a42 * 42 * 3 4 2 * 4 2 *8 4 2 * 4 2 *3 4 2 * 42 * 8 4 2 * 1 9 *0 4 9 * 1 9 *3 4 9 * 1 2 *3 4 9 * 1 9 *0 4 9 * 1 9 *3 4 9 * 1 9 *0 4 9 * 5 4 *a 5 4 ?i 7 3 * 3 7 4 * f,l% a o iy s 7 3 * 3 7 4 * • 5 4 *a 5 4 ^ 7 3 * 3 7 4 * 5 4 * 3 5 4 :* 7 3 * 3 7 4 * 54 * 3 5 4 ; * 7 3 * 3 7 4 * 5 4 *3 5 4 * 7 3 *3 7 4 * 4 2 *3 4 2 * 1 9 *0 4 9 * 42 * 8 4 2 * 1 9 * 3 4 9 * 4 2 *8 4 2 * 1 9 *3 4 9 * 42 * a 4 2 * 1 9 * 8 4 9 * 4 2 *3 4 2 * 1 9 *0 4 9 * 42 * 8 4 2 * 1 9 * o 4 9 * 4 a55 V 1 6 * o 3 6 * 1 9 *3 4 0 a55 V 1 6 * 0 3 6 * 1 9 *o 4 0 i, a5i V 1 5 *0 ,3 6 * 1 9 *0 4 0 , a55 V 1 3 * 0 3 6 * 1 9 *3 4 0 a5*5 V 1 3 * 0 3 6 * 1 9 *a 4 0 a a55 H 1 6 * 8 3 6 * 1 0 * 3 4 0 * >6 a56 Vi "> * o56 * 3 >5* 3 5 8 * 1 8 *3 5 6 * > 3 *o 5 6 * i5 * 356 * 1 5 *0 3 6 * 16 a 3 6 * 16 a36 * 56 a36 Vi 16 a36 * 16 a36 * 1 0 *3 4 0 * !0 * a 4 0 * 1 0 *3 4 0 * 1 0 *a 4 0 * 1 0 *3 4 0 * 1 0 *a4 0 * i 6 * o 5 6 * 16 a 3 6 * 1 0 * 3 4 0 * > 6 * 8 5 6 * 16 o36 * 1 0 * 3 4 0 * 1 6 *o5 6 * 1 5 *o3 6 * 1 0 *3 4 0 * '> 5 * 3 5 8 * 1 5 *a 3 6 * 1 0 * 3 4 0 * > S *o5 6 k 1 5 *0 3 6 * 1 0 * 3 4 0 * YdYiaddYi 1 5 * 0 3 6 * 10 * 3 4 0 * 5 4 *3 5 4 * 7 3 *8 7 4 * 4 2 *8 4 2 * 5 4 *3 5 4 * 7 3 *3 7 4 * 4 2 *0 4 2 * 5 4 *3 5 5 * 7 3 *3 7 4 * 4 2 *8 4 2 * R V rR 1n R !9 * a 4 9 * > 6 *a 5 6 * 1 6 *0 3 6 * 1 0 *a 4 0 * 1 9 * 0 4 9 * ■>6*o57 1 6 *0 3 6 * 1 0 *3 4 0 * 1 9 * 0 4 9 * > 6 *o 5 7 1 6 *a 3 6 * 1 0 *3 4 0 * \o. \K / a.\o.'< 'O rrv/r't7 *R 3 1 0 *3 4 1 * C en ts o f U . S . m oney p e r (J.iilo^n peso, i Am erican m oney per P eru via n pound. / Value o f one escudo in U. S. currency, / d N o m in a l. e E ffe c tiv e M a y 12 1924; C om m en ced tb e q u o ta tio n o f P o lish exchange In zlo ty Instead o i m arks, w hloh had fo rm e rly been th e m edium o l exchange. T h e z lo t y Is equ iva len t t o 1.800,000 m arks. 13 N ew York Stock Exchange M O N TH LY AND Y E A R L Y RECORD T h e f o llo w in g t a b le s fu r n is h a c o m p le t e r e c o r d o f th e N e w Y o r k S t o c k E x c h a n g e tr a n s a c tio n s f o r t h e p a s t m o n t h a n d th e y e a r 1 9 2 5 to d a t e . T h e y need n o e x te n d e d in tr o d u c tio n , a s th e y a re s e lf-e x p la n a to r y . T h e t a b le s e m b r a c e e v e r y s e c u r i t y d e a l t in o n t h e E x c h a n g e . W e g i v e b o n d s f i r s t , u s i n g t h e c l a s s i f i c a t i o n a d o p t e d Iin t h e o f f ic ia l: l i s t . T h e b la c k f a c e d l e t t e r s in t h e c o l u m n h e a d e d ” i n d i c a t e in e a c h c a s e t h e m o n t h w h e n t h e b o n d s m a t u r e . I n a c c o r d a n c e w it h t h e r u le a d o p t e d b y t h e N e w Y o r k S t o c k E x c h a n g e in 1 9 0 9 , a l b q u o t a t i o n s f o r d n t e r e s t - p a y i n g b o n d s a r e a t a p r ic e t o w h ic h a c c r u e d i n t e r e s t m u s t b e a d d e d . T h e e x c e p tio n s t o t h e ru le ^ r e in c o m e b o n d s a n d b o n d s o n w h ic h i n t e r e s t is in d e f a u l t . A f e w o t h e r b o n d s , li k e t h e H o l l a n d - A m e r i c a n L in e 6 s a n d : t h e A n t o n J u r g e n s W o r k s 6 s , f o r s p e c ia l r e a s o n s , a r e a l s o q u o t e d “ f l a t , ” b u t w h e r e t h i s is t h e c a s e t h e n o t a t i o n “ f l a t ” w i l l b e f o u n d a g a i n s t t h e n a m e o f t h e jo gn e . T h i s m e t h o d o f q u o t in g b o n d s b e c a m e e f f e c t i v e J a n u a r y 2 1 9 0 9 . ’ '. * “Interest Period '• 1 i tA M * # nee la s t p a g e o f b o n d s n v d la s t p a g e o f s to ck s . — i' iiiL , us BONDS N. Y. STO CK EXCH ANG E. SALES FOR APRIL AND RANGE FOR THE YEAR TO DATE. A N D Sales in A p ril. Par Value, U S G overn m en t S ecu rities First Liberty Loan— , First 3 Ms..................... 1932-1047 J Dl 2,758,000 >8,000 R egistered______________________ J D First 4s.......................... 1932-1947 J D R egistered______________________ J D 705.000 First 4 k s ...................... 1932-1947. J D R egistered________________ 'JD 6.000 1 , 000, First Second 4 k s _____ 1932-1947 J D R egistered______________________ J D Second Liberty Loan— Second 4s...................... 1927-1942 M N 601,000 5.000 R egistered_____________________ M N Second 4 Ms.................. 1927-1942 M N 6.411.000 R egistered________________________ M N 280,000 Third Liberty Loan— Third 4 Ms..............................1928 M S 7.842.000 R egistered________________________ M S 149,000| Fourth Liberty LoanFourth 4 Ms.................. 1933-1938 A O 7.973.000 R egistered_________________________ AO 141.000 894.000 Treasury 4 M s ____________1947-1952 A O 1.000 A O R egistered______________ Treasury 4s______________ 1944-1954 J D 4.853.000 8,000 R egistered________________________ J D 2s cons reg ______________A pril 1930 Q J Panama Canal 3s______________ 1961 O M R egistered______________________ 1961.QU S ta te a n d C ity S e cu rities N ew Y ork C ity — * M s .............. 1960 M S Registered___________________ . M 8 4 M » Corporate stock________ 1964 M S 4 Ms Corporate stock________ 1966 A O 4M s..................................-L ..1 9 7 2 A O 4 Ms Corporate stock________ 1971 J D 4M s Corporate stock________ 1907 J J 4 Ms Corporate stock________ 1965 J D 4 Ms Corporate stock________ 1963 M S 4% Corporate stock____________ 1959IMN Registered_________________ _ _ M N 4% Corporate stock_________ 1958 M N 4% Corporate stock_________ 1957 M N 4 s ........................................... 1956 M N ~ ‘ M N Registered 4 s ........................................... 1955 M N R egistered_____________________ M N 4 Ms Corporate stock________ 1957 M N 4M % Corporate stock_______1957 M N Registered___ - ________________ M N 8 M % Corporate stock_______1954 M N 3 M s............................... N o v . 1954iM N N Y State Canal 4s____________ 1942 ___ 4s............................................ 19611 — 4 Ms C anal.............................1964J J 4M s Highway Tmpt________ 1963 M 8 4s Highway registered______ 1958 ____ Virginia funded debt 2-3s______ 1991 J J F o r e ig n G o v ern m en t S e cu rities Argentine (G o v t) 5-year 7s____ 1927 F A Argentine (R e p ) 5s o f 19 09....1945 M 8 Sinking fund gold 6s ser A ___1957 M 8 E sternal 6s ser B tem p i 1958 J D Austrian G ovt s f 7s___________ 1943 J D Belgium 25-year ext s f7 M s g --1 9 4 5 J D 20-year sinking fund 8s_____ 194 I F A 25-year ext 6 Ms int c t f______ 1949 M 8 _ External s f 6s inter rets..:_ 1955 J J Bergen (N orw a y) 8 f 8s________1945 M N 25-year s f 6s________________ 1949 A O Berne (C ity o f) s f 8s-------------1945 M N Bolivia (Republic o f) s f 8s____1947,M N Bordeaux (C ity o f) 15-year 6 s ..19.34 M N Brazil (U 8 o f) external 8s_____ 194-1! J D Cent R y 30-year g 7s________ 1952 Sink fd 7 Ms (coffee s e c ).1952 Tlat Buenos Aires extl 6 Ms_________ 1955 Canada, Dominion of, 5s_______1926 do do 5 8 ________ 1931 10-year gold 5 M s---------------1929 30-year gold 5 s .---------------- 1952 M N Carlsbad (C ity ) 8s...... ............. 1954 J J C hile Republic exter s f 8s______1941 F A External 5-year s f 8s________ 1926 A O 20-year external s f 7s___^..1942 M N 25-year extl s f 8s gold______ 1946 M N Chinese, Hukuang R y 5s-------- 1951 J D Christiania (C ity ) Oslo 8s______1945 A O 30-year s f 6 s ________________ 1954 M S Colom bia (R e p ) extl 6 Ms_____ 1927 A O Copenhagen 25-year s f 5 Ms___1944 J J Cuba Rep o f 5s o f 1904_______ 1944 M S 5s ext debt Ser A o f 1914----- 1949 F A 4 Ms external loan____________1949 F 30-year s f 5 M s_________ _____1953 J Czechoslovak (R ep o f) 8s______1951 A Sink fd 8s ser B int c t f........... 1952 A Danish Cons M unlc s f 8s A ___1946 F Series B sink fd 8s__________ 1946 F Denmark external sink fd 8s— 1945 A 20-year external gold 6s_____ 1942 J Dominican Republic sink fd 5s. 1958 F Custom admlnistr 5 Ms______1942 M S Dutch East Ind 25-year ext 6s. 1947 J J 40-year extl sink fd gold 6s..l9 6 2 M S 30-year extl g 5 M s----- M a r 1953 M S 30-year extl gold 5 M s .-N o v 1953 M N French Repub 25-year ext 8s. .1945 M S 20-year external loan 7M s___ 1941 J D External 7s o f 1924 tem p------1949 J D Finnish mun loan 6M s A _____ 1954 A O E xtl 6Ms Ser B _____ _______ 1954 A O Finland (R ep o f) exter 6s______1945 M 8 External sinking fund ,7s------1950 M German ext’l loan 7s in t rets— 1949 A O Price Jan. 2 1925. Bid. P R IC E S I N A P R IL . A p r il 1. Ask. B id . Ask. Bid. Ask. R A N G E S IN C E J A N . Lmcest. Highest. Lowest. Sale Prices. Sale Prices. Sale Pfices. A p r il 30. H XFLiApr. 30 101>8 3iApr. 3 100**aiApr. HXF'aiApr. 29 lO D 'aiApr. 14 100*W a n . 101>>iiMar. 10123 10233 8j s 101*3i M ar. ® 102>3 8ale lO H 'siApr. 1 102*32 Apr. 14' 101 > 3iM a r. 2 101J »32Sale 101'*aiApr. 2 1 0 1 283iA pr. 30 lO l'a i Jan. Jan. 101 102>»32 101>»32Apr. 23,101>*32Apr. 23 101 IO H 32 Sale 101»3i Sale 101«*»il0l‘0jj 101>»3ll02 100,0«8 a le 100*®lll003>ll 101*32 Sale 100»«nSale 100«u8ale 100J »32Sale 1 0 0 **3iSale 101*32 Sale 101*31 Sale 25 20 28 5 14 10 2 2 101>*aiApr. 15 1003 »32Apr. 14 IO P 32 Apr. 14 100?’ iiA p r. 1 101'MiApr. 16 HXF’ iiA p r. 1 1 0 1 » 3i A pr. 16 ]flO**if.Tan. 2 101>*itApr. 100»aiMar. 17 in o «„.h .n . 10 ()*W an . 5 1 0 1 '««A p r. 100"»iJan. 5,101*1! A pr. 15 31 18 16 101 • « 8ale 101 >n Sale 1 0 1 'L iS ale 1 0 1 »3 jSale 1 0 1 *>3»Sale 1 0 ’ »*ai8 ale 101>*3iApr. 101>83«Apr. 101««S ale 100“ nSale 104»siSale 1 0 1 «»S a le 1 0 1 « . « 8 ale 1042‘ nSale 102*31 Sale 102*31 8 ale 105‘83i8ale 100” uSale 100‘LtSale 1 0 1 »*3iSale 101J83iApr. lll0 2 »s iA p r . 30 1012‘ siApr. 1 102*,, Apr. 24 104J83iApr. 1 105'83iApr. 30 »aiApr. 23 10t*»jiApr. 23 1042 100'LiApr. 1 101'biApr. 30 100S 3iApr. 17 100” «iApr. 18 7 ‘31 1 52 1 1 ">«--------- 101> 2023 0 101 1 1“ jjSale 101*>«Sale 0 95 M 95 M 16,000 100M 101 101 1 0 0 ” s2A pr. A pr. 27 l!l0 2 A pr. 27 101‘ .i Jan. 14 102 lil0 1 8 *»*Apr. 30 100*‘ iiJan. 13.101,#nA pr. 30 101'W a n . 101'W a n . 104'8 siM ar. 101 “ aiMar. 1 0 0 'V M a r. 100*’ j»Apr. 101M 101 101 % 9 100M 100M 20 102M A pr. 22 101 M 102M Apr, 1 102 M A pr. 1 101 M 102M Apr, L102M A pr. 1 102 106 M 107 M 107 M 107 105M 107 M 106M 107 M 106M Apr, 16 106k A p t. 16 106M A pr. 10 106M 106M Sale 106k Apr. 28,107 98 9<M 98M 99 M ------ 99M 100 98 98 M 28,000 105 105 M 99M A pr. 1 100 A pr. 22 98 99M Sale 99k 99 ____ 98M 98 M 97 M 98 M 99 99 98 M 99 97 M 106M 105 105M 106 k 107 M 106M 1061 5,000 105 105 % 106 k 107 M 106 M 1063 106M A pr. 13 106M A pr. 13 105M . . . I ........................................ 105 2,000 89 90 " 90>i A pr. 20 90M A pr. 22 89M 89 % 90 M 90 90 90 M 101 M T666 102M A p r. 6 102M A pr. 6 102M 112M 111M 103 64 M 64 M 76M 64 M 421.000 26.000 899.000 1.392.000 508.000 470.000 215.000 421.000 925.000 32.000 170.000 53.000 271.000 341.000 446.000 177.000 6 6 .000 , 164.000 173.000 112.000 402.000 699.000 30.000 171.000 42.000 429.000 97.000 84.000 92.000 621.000 34.000 277.000 27.000 13.000 11.000 853.000 172.000 209.000 47.000 24.000 285.000 388.000 29.000 229.000 276.000 423.000 194.000 351.000 2.577.000 2.834.000 3.804.000 27.000 21.000 120.000 352,000 7.371.000 102 81 M 95 M 95 M 90 k 109 107M 92 M 87 M 111 Sale Sale Sale Sale Sale Sale 8ale Sale Sale 111k 111 92 M 84 96 M 82 M 104 k 96 100 % 101k 102 102 98 M 106 k 103 99 107 42 k 110 Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale 43 111 99 M 94 M 96 M 97 86 M 96 k 98 k 98 M 109k 109k 109 99 M 101 92 98 V s 99 92 % 93 103 k 98 M 91M 91 91 85 M Sale Sale Sale 98 k Sale Sale Sale Sale 110 110 Sale Sale 102 M Sale Sale Sale 93 Sale Sale Sale Sale Sale Sale Sale 93 % Sale 102M Sale 83 96 M 96 94 M 107 M 107 M 92 M 84 M 110M 95 M 108 M 92 M 83 95 k 81M 103M 96 H 100M 102 M 102 M 103 M 97 k 106 M 102 M 99 M 106 k 43 % 110 96 k 100 96 97 86 97 M 99 k 99 % 109 109M 110M 101M 101M 92 M 100M 100 97 M 97 M 100 M 95 M 87 M 87 86 M 84 M 94 94 H 101 A pr. 17,101 M A pr. 102M Sale 102H 102M 102% 102 M Sale 82 M Sale 96 M Sale 96 H Sale 93 M Sale 108 M Sale 106M Sale Sale 93 84 M Sale 112 112 M 96 M 97 M Sale Sale 108 Sale Sale Sale 93 Sale 82 M Sale Sale Sale 96 Sale 81 M Sale Sale 105 M Sale Sale 95 M Sale Sale 100% Sale Sale 102 8 ale Sale 103 Sale Sale 103 M Sale Sale Sale 97 Sale 108 Sale Sale 102 H Sale Sale 101M Sale Sale 107 M Sale Sale 44 M Sale 111 110M Sale 97 M 99 M 99 H 100 M 100M Sale Sale 97 M Sale 97 M 99 96 95 97 Sale 84 k 86 Sale 98 M Sale Sale Sale 99 qq Sale Sale 109M 109 K Sale Sale 109 M Sale Sale 110k Sale Sale 100k Sale 103 102 M 102 93 93 93 H Sale 101M Sale Sale 101M Sale Sale 98 M Sale Sale 98 M Sale Sale 100M Sale Sale Sale 97 Sale 88 Sale Sale 86 M Sale Sale 86 M 87k Sale 85 M Sale Q. Sale 4 Sale Sale 93 H' Sale 84 M Sale Sale Sale Sale Sale Sale Sale 2 0 I0 2 »«A p r . 5 102*31 A pr. 13 1 > > «A p r . 8 31 104*»«Apr. 16 101>»iiApr. 17 100«»iA p r. 30 24 30 23 30 16 97 97 98 M 43.000 101 M 101k 102 M Sale 35.000 101 M ........ 102 H Sale 30.000 101 M 101M 102 M Sale 107 M 107 M ........ 10 >M --106 M 107 M 105 M 106 18,000 105M 106 106 M 107 M 1,000 105M 105M 106 M 107 M 98 Sale 99 M Sale Prices. 30 101»3*Feb. 2 1 0 1 «„F e b . 18 in i«,^ ia n . 5 101‘ si M a r. 10 1028 A pr. « 14 l01 **«Feb. 1 4 il0 1 «n F eb . 100J,ajSale 100»°»tSale lOO’ biSale 1. H ig h e s t. 102 M 81 M 96 96 93M 107 106 M 92 M 83M 111M 96 M 108 M 92M 80 95 80 M 103 M 95 M 100M 101 H 102M 103 M 96 M 106M 102 M 99M 106 M 43 109 k 98 99 M 95 k 97 96 84 % 97 M 98k 99 109 108M 110M 100M 102M 92 100 99M 97 M 97 M 98 k 93 86 86 M 86 M 83M 94 91M A pr. A pr. A pr. A pr. A pr. A pr. A pr. A pr. A pr. Apr. A pr. Apr. Apr. Apr. Apr. A pr. A pr. A pr. A pr. A pr. Apr. A pr. A pr. A pr. A pr. A pr. A pr. Apr. Apr. A pr. Apr. A pr. A pr. A pr. A pr. Apr. A pr. A pr. A pr. A pr. Apr. Apr. A pr. A pr. A pr. A pr. A pr. A pr. A pr. A pr; A pr, A pr. A pr. A pr. A pr; A pr, 6 102M A pr. 23, 82M 3 96 M ll 96M 29 95 M 2 109 30 108 li 93H ll 86 3 6 1 ‘ 113 97 M 109M 93 M 83 M 96M 82 105 M 96 Si -,100M 4 102 M 1 103M 104 97 M 108M 103 2 15 3 2 101M 108 M 44 M 110M 99 M 20 100M 97 H 97 M 96 , 86 99 H 100 100 110 110 111 102 102 % 93 M 101M 101 M 98 M 98 H 102 98 X 89 % 87 M 87 M 86 M 95 A pr. A pr. A pr. A pr. A pr. A pr. A pr. A pr. A pr. A pr. A pr. A pr. A pr. A pr. A pr. A pr. A pr. A pr. A pr. A pr. A pr. A pr. A pr. A pr. A pr. A pr. A pr. A pr. A pr. Apr. A pr. A pr. A pr. A pr. A pr. A pr. A p r. A p r. A pr. A p r. A pr. A pr. A pr. A pr. A pr. A pr. A pr. A prl A pr. A pr. A pr. A pr. A pr; A p r; A p r. 6 9 9 9 4 20 13 7 18 16 23 16 8 1 14 1 30 2 24 1 13 14 1 16 23 27 14 22 17 11 24 21 27 25 1 11 23 15 20 23 6 17 22 21 28 29 29 29 20 20 21 B 24 18 11 4 Jan. Jan. Jan. Jan. Feb. Feb. Jan. Feb. Jan. Jan. Jan. Jan. Jan. Jan. Feb. M ar. Jan. Feb. Jan. Jan. Jan. Feb. M a r. Apr. M ar. M a r. Feb. Feb. M a r. 20 98 *4 B» 98 107 106M 105 90 M 90 101 M 6 103 M 20 112M 10 112M 25 103 11 76M 10 103M 85 k 98 84 M 107 M 97 M 102M 103 103 M 104 98 M 108 M 103 M 101 X 108M 45 111M Apr'. I l l Feb. 16 A pr. 21 Feb. 2if A pr. 25' M a r 9A pr. 11 Feb. & Feb. KF 110M Feb. 13> 110M M a r 2r 9 111 Jan Feb 3 103 102 H A pr. 22 94 M Jan 291 Feb. 24 103 102M Feb. 24* 99 H Feb. 24 99 H Feb. 24 104M Jan. : 7 101M Jan. 14 92M Jan. 2 Jan. 2 91 Jan. 2 m 87 M Jan. 20* 9 4 k M a r. 28 271 95 M Jan. 23 99 M 100 M 97 M 98 96 87 99 k 101M 100 H 1 14 BONDS—STOCK EXCHANGE RECORD BONDS N. 7. STOCK EXCHANGE. *> « «a Sales in A p ril. Par Value. A p r il 30. Lowest. ol. 120. R A N G E S IN C E J A N . 1. P R IC E S I N A P R IL . A p r il 1. [V Highest. Lowest. Highest. F o r e ig n G o v ’t S e cu rities— (Concl. Sale Prices. \ Sale Prices. Bid. Ask. Bid. Ask. Bid. Ask. Sale Prices.. Sale Prices. G rt Brit & Ireland. Un K in g o f— 20-year gold bond 534s_____ 1937 1,089,000 105 Sale 10554 Sale 10754 Sale 10634 A pr. 9 107)4 A p r. 28 10434 Jan. 2 10754 A pr. 28 R egistered_____________________ M ir . 9 105 M a r. 9 105 10-year conv 534*____________1929 675,666 U634 Sale” U 5 * Sale” 117^g Sale” 1155^ A p r .” 11117 34 A p r .'29, 11534 M ar. 3 11734 A pr. 29 R egistered_____ _ ______________ 11534 M a r. 24 11534 M a r. 26 Greater Prague 7 34s o f 1922__ 1952 89 Sale 89 A p r. 1 91 A pr. 211 89 M a r. 31, 92% Feb. 2 Greek G ovt 7s interim rets___ 1964 A pr. 9 8834 Jan. 13 84 Sale 83 A p r. 9 85 A pr. 22 83 H aiti (R ep o f) Cust s f 6s_____ 1952 93 * Sale 93 A p r. 21 9434 A pr. 2 9134 Jan. 8 94 3 Feb. 7 4 Hungary (K in g o f) 8 f 7 34s — 1944 A pr. 21 i 90 3 T-»n. 3 4 87 A p r. 21 8834 A pr. 7 87 | 8834 Sale Indus Bk o f Japan 6% n o te s .. 1927 99 Sale 99 A p r. 1 9934 A pr. ll 9854 Jan. 5 9954 M *r. 17 Japanese G ovt sterling In 4 s .. 1931 8134 A pr. 3 83 A p r. 24 81 M a r. 27! 8334 heb. 25 81*4 Sale E x t s f 6 ) 4 s ........................... 1954 _ 90 Sale M a r. 311 92 Feb. 19 A pr. 30 90 9034 A pr. 1 92 Oriental Developm ent 6s____ 1953 M Jan. 2 1 8434 A p r. 1 8634 A pr. 6 8334 M ar. 30 Lyons (C ity o f) 15-year 6s____ 1934 M N Jan. 6 80H A pr. 13 83*4 A pr. 14 803 A pr. 13; 8 6 Marseilles (C ity ) 15-yr 6s......... 1934 M N 80 A pr. 13 8334 A pr. 1 8254 A pr. 13 853 Jan. 7 Mexican Irrig 4 34s----------------1943 Jan. 2 0 1914 A p r. 29 2034 A pr. 17 1934 A pr. 29 24 Assenting s f 434s___________ 1943 23 Jau. 19 24 Jan. 2 1 M exico (U S) extl 5 s o f 1 8 9 9 £ ..1945 Q J 39 45 Feb 4 4534 Jan. 20 40 3 3 -----i Assenting 5s o f 1899_________ 1945 215,000 33 Vi Sale Jan. 22 3434 A pr. 6 3834 A pr. 30 32 34 Jan. 5 41 3534 3734 3834 Sale A p r. 15. 36 Assenting 5s large. Jan. 22 A pr. 15 40 5,000 36 A p r. 15 36 Assenting 5s sm all____ 35 Jan. 10 3534 Jan. 10 G old debt 4s o f 1904_________1954 Jan. 19 5,000 20 21 1934 A pr. 24 1934 "Apr” 24' 1934 A pr. 24 25 Assenting 4s o f 1904. 194,000 19 A p r. 11 2134 A pr. 30 1834 M ar. 6 24 54 Jan. 30 1934 22 34 Sale Assenting 4s o f 1904 large. 263$ Jan. 12 26)4 Jan. 12 Assenting 4s o f 1904 small ____ 6,000 A p r. 17 2034 A p r." 17 20 Jan. 22 A pr. 17 24 Assenting 4s o f 1910_____________ J J 23 Jan 23 24 22 Feb. 26 23 J4 2434 28 A pr. 30 2 34 ’an. 1 2 3014 Jan. 21 Assenting 4s o f 1910 large. 24 A pr. 6 29 Assenting 4s o f 1910 sm all---------------2034 A pr. 13 2554 A pr. 30 2334 A pr 13 2814 Jan. 22 Treas 6s o f 1913 assent (large) '33 J J 3854 A pr. 15 3854 A pr. 15 3634 Jau. 8 43 Jan. 21 38 A pr. 2 3934 A pr. 30 36 Small______ ..____________ ______ Jan. 21 Jan 3 43 93 A pr. 17 8 8 Jan. 10 M ontevideo s f g 7s__________-1952 89 Sale 8934 A pr. Feb. 25 105 A p r. 30 10254 M ar. 6 107 Netherlands s f 6s Flat________ 1972 Feb. 28 10334 A pr. 104 Sale 10234 A pr. 30-yr ext s f 6s_____________ 1§54 10034 Sale 10354 A pr. 29 10034 Jan. 2 101 Feb. 25 N orw ay ext s f 8s___________ ..1940 Sale 112 11134 A pr. 23 11034 M ar. 17 11334 Jan. 13 11034 A pr. 99 A pr. 13 99 34 A pr. 3 97 3 Jau. 3 100 >4 Feb. 17 20 yr extl s f 6s______________1943 4 9834 Sale 98 Sale 9834 A pr. 1 9954 A p r. 3 97 34 Jan. 2 10054 Jan. 30 20-yr extl s f 6 a _____________1944 9934 A pr. 1 30-yr extl s f 6a______________1952 6 ---- -1 0 0 * Feb. 14 97 34 Sale A pr. 29 10034 Feb. 14 101 10054 A pr. 7 1 0 2 Panama (R ep) 30-yr s f 534 s— 1953 1001-6 Sale Feb. 28 A pr. 17 973l A pr. 2 10234 Jan. 30 10 0 97 34 A pr. 995* Sale Peru (R ep ) ext) 8s____________ 1944 A pr. 1 6 6 * Apr. 18 79 6654 A pr. 18 69 Poland (R ep o f) g 6s_________ -.1940 Feb. 7 73 Sale 95 A pr. 1 96 A p r. 2 1 95 Feb. 16 9554 F eb . 16 External s f 8s interim ctfs_1950 94 A pr. 24 9534 A pr. 3 91 A pr. 24 96 (4 Feb. 18 Porto Alegre (C ity o f) 8s-------- 1962 J D 10954 A pr. 4 1 1 0 * A r r . 29 109 Jau. 8 11034 Apr. 29 Queensland State ext s f 7s____ 1941 A O 10334 A pr. 8 25 10134 Jan. 2 1 1 2 M ar. 5 25-year extl 6s______________ 1947iF A 94 A p r. 16 9634 A pr. 1 91 A pr. 16 10534 M a r. 6 R io Grande Do Sul extl 8s----- 1946 A O 93 A pr. 28 95 A pr. 1 R io de Janeiro 25-yr s f 8s------ 19461A O 93 A pr. 28 98 M ar. 3 92 A pr. 1 Anr. 1 96 25-year extl s f 8 s . . _____1947 A O 15 92 Feb. 2 100 34 A pr. 14 30 10 0 M ar. 30 103 Rotterdam (C ity ) ext 6s______ 191 4 M K Feb. 9 10334 A p r. 2 10434 A pr. 9 1 0 1 Jan. 16 105 Feb. 14 E l Salvador (R ep ) 8s----------- ..1948 J J 97 A pr. 1 99)4 A pr. 15 97 M a r. 30 10 1 Jan. 5 San Paulo (C ity ) s f 8s________1952 M N 100 A p r. 1 10034 A pr. 6 10 0 M ar. 27 103 34 Feb. 2 San Paulo (State) ext s f 8s— 1936 A pr. 9914 Apr. 1 100 A pr. 1 9934 Apr. 1 10 0 External s f 8 s w i ___________ 1950 A p r. 8234 A pr. 13 87 Jan. 31 8234 A pr. 13 91 Seine D ept (France) 20-yr 7s_.1942 84 A pr. 25 8 8 A p r. 81 A pr. 25 9 ' M ar. 16 Serbs. Croats & Slovenes 8s— 1962 M N 82 A p r. 22 8314 A p r. 82 A pr. 22 8634 M a r. 1 2 Soissons (C ity ) 15-yr g 6 s-------1936 M N 103 A pr. 13 103 3 A pr. 1 101 A pr. 13 1 0 4 * Jan. 4 4 Sweden (K in gd ) 20-yr 6 s-----..1939 J D 9934 A pr. 2 9954 A p r. 9834 Jan. 5 10054 Jan. 2 E xtl g 5)4s interim c t f-------- 1951 MN 113 A pr. 8 115 A pr. 6 113 M ar. 27 117 Swiss Confederation s f 8 s-------1940 J J Jan. 5 10134 A pr. 22 102)4 A p r. 9 9834 Jan. 2 103 Feb. 16 Switzerland (G ov t) ext 534s— 1946 A O 64 34 A pr. 13 6734 A pr. 30 6134 A pr. 13 67 34 Feb. 10 T o k y o C ity loan o f 1912 5 s . -------M S 9834 A pr. 1 100 34 A pr. 14 97 Jan. 2 100)4 A pr. 14 Trondhjem (C ity ) ext 6 His----- 1944 J J 103 A pr. 1 11034 A p r. 22 10634 Jan. Uruguay (R ep ) external 8s----1946 11034 A pr. 22 10854 A p r. 1 110 A p r. 14 10854 A pr. Zurich (C ity o f) s f 8s_________1945 11134 Feb. 3 I R a ilr o a d B onds 101 A pr. 15 101 A pr. 15 10054 Feb. 4 101 34 Jan. 14 2,000 100)4 --A la G t Sou 1st cons 5s A . . . -----1943 J D 12,000 Jan. 26 10154 A pr. 17 100 5 10134 10134 1 0 1 ; 10154 A pr. 17 10154 A p r. 17 101 4 A la M idland 1st gu g 5s----------1928 M N 8254 A p r. 14 83 Feb. 21 8334 M a r. 30 A p r. 2 82 | 10,000 8234 ____ A lb & Susq conv 3 )4 s________-1946 8134 Feb. 18 8154 M a r. 23 8134 83 Alleghl& West 1st g gu 4s____ .1998 A p r. 211 91 9234 A pr. 7 94 Jan. 27 94 92 9234 A pr. 21 A lleg Valley gen gu g 4s----------1942 6334 A pr. 28 6734 A pr. 15 64 Jan. 8 6734 A pr. 15 6434 Sale Ann Arbor 1st g 4s----------July 1995 89 A pr. 1 91 34 A pr. 24 8 8 34 Jan. 8934 Sale 9134 A pr. 24 Atch T op & S F gen g 4s-------- 1995 8634 A pr. 3 8954 A p r. 25 8 6 34 A pr. Registered_____________.--.-1 9 9 5 88 3 Feb. 9 4 8234 A p r. 4 8454 A pr. 18j 81 3 Jan. 8334 Sale 4 Adjustment g 4s________July 1995 N o v 8334 Feb. 27 8234 A pr. 1 8434 A pr. 29 8254 Jan. 82 34 Sale Stamped_____________ July 1995M N 8434 A pr. 29 79 34 A pr. 20 80)4 A pr. 22 7934 A pr. 20 8034 A pr. 22 79 3 82 3 4 4 R egistered________ - - - - _____ N 83 A pr. 6 8354 A pr. 8 : 8154 Jan. 13 8434 Jan. 31 8234 84)4 ' C onv g 4s o f 1909____________ 1955 J D 8334 A pr. 16 83 34 A pr. 15; 8134 Jan. 2 83 3 A pr. 15 82 34 8334 C onv g 4s o f 1905________ — 1955 J D 4 8334 ----8134 Jan. 8 8334 Feb. 17 C onv g 4s o f 1910----------------1960 J D 100 A p r. 28 98 120,000 Jan. 12 100 9834 99 A pr. 29 East Okla d iv 1st g 4s-------- 1928 M S 86 A p r. 30 84 12,000 8434 Sale Feb. 26 86 A pr. 30 Rocky M t d iv 1st 4s A . . . -.1965 J J 72,000 Jan. 30 8834 Apr. 28 8834 A p r. 28 8 6 8634 8834 Short Line 1st 4s g o ld --_..-1 9 5 8 'J J 95 A p r. 6 , 92 52,000! 92 9334 M ar. 31 95 C al-A riz 1st & ref 4)48--------1962 M S A pr. 6 8834 ---■ 9154 Jan. 1 2 9154 Jan. 12 Registered------- ------------------ M S A pr. 25 8854 Jan. 17 92 8954 A pr. 1 92 34 8934 8934 93 A pr. 25 A tl K nox & Cin d iv g 4s-- .--1955 M N 103 A pr. 23 103 A pr. 23 102)4 M a r. 25 103 3 4 ------- 10134 ---• A pr. 23 A tl K n ox & N o 1st g 5s------- 1946 J D 9634 A pr. 7 9634 A pr. 7 95 | FeD. 26 9634 Jan. 12 34 9634 9434 9634 A tl & Char A L 1st 414s A . . ..1944 J 10234 A pr. 10254 A pr. 13 102 Jan. 28 10254 M a r. 10 1st 30-year 5s ser B ___.. .. .1 9 4 4 J 10234 10234 10234 Sale 92 A pr. Sale 9434 A p r. 28 89 Jan. 27 9434 A pr. 28 8934 8934 92 A tl Coast L 1st cons 4s____ July 1952 M S 106 A pr. 108 A p r. 2 10554 M ar. 19 108 106 Sale 10734 Sale Feb. 11 10-year secured 7s___________1930 M N 9154 A pr. 93 A p r. 24; 90 3 Jan. 8 73 4 91 9134 9134 Sale A pr. 25 General unified 4 34s----------- 1964 J D 88 A p r. 11| 8634 Jan. 8654 A pr. 86 8634 8634 Sale 8834 M ar. 4 L & N collat gold 4s_____ Oct 1952 M N 78 Sale 80 A p r. 22 7634 Jan. 7734 A pr. 7634 77 80 A pr. 22 A tl & D anville 1st g 4s— ------- 1948 J 68 A p r. 69 A p r. 19 6 2 * Jan. 6834 Sale 6234 63 7034 M a r. 19 Second 4s-----------1948 J 7654 A p r. 27 7734 A p r. 1 4 ! 75 Jan. 74 7734 7534 7734 A tl & Yadkin 1st gu g 4s-------- 1949 A O 7754 Feb. 25 99 A p r. 25 99 A pr. 251 9854 M ar. 27 9934 M a r. 14 9834 99 9834 ----Austin & N W 1st g 5s_________ 1941 J 99 * Sale 99 34 A p r. 1 9934 A pr. 1 99 >4 Jan. 2 10034 Feb. 11 B alt & Ohio p 1 g 314s...............1925 J 9934 A pr. 21 9934 A p r. 21 9954 Jan. 24 9934 A pr. 21 9PJ4 R egistered ____________________ - Q 8954 Sale 90 A pr. 23 8554 Jan. 8 8 x8 Sale 8834 A pr. 90 A pr. 23 1st g 4s_________________ July 1948 A O 88 8734 A pr. 8834 A p r. 24 8534 Jan. 8634 ----Registered_____________________ 8834 A pr. 24 9234 Sale' 9134 Sale 9134 A pr. 9334 A pr. 23 8934 Jan. 9334 A pr. 23 Convert 414 s_________________ 1933 89 Sale 88 Sale 89 A p r. 25 8554 Jan. 8754 A pr. 90 Feb. 14 Refund & gen 5s ser A -------- 1995 10034 Sale 10154 Sale 10034 A pr. 10254 A p r. 14 100 Jan. 1st gold 5s int ctfs---------------1948 10254 A pr. 17 10334 Sale 10334 Sale 102 34 A pr. 10334 A p r. 6 10254 Jan. 10-year 6s_____________________ 1929 10,334 Jan. 13 10134 Sale 102 54 Sale 10154 A pr. 10334 A p r. 24 10054 Jan. R e f and gen 6s, series C ____ 1995 10334 Feb. 3 9834 9934 9954 A pr. 29 9954 A p r. 29 9934 Jan. 9734 ----Pitts Jet & M D 1st g 3 34s. .1925 9 9 * Jan. 14 88 Sale 8734 Sale 8634 A p r. 6 8834 A p r. 21 8354 Jan. P L E & W Va Sys re f g 4S..1941 8834 A pr. 21 Sale 100 A p r. 3 10034 A p r. 1 9954 M ar 10034 Sale 100 S W D iv 1st g 334s------------1925 10034 Apr. 1 7434 Sale A p r. 23 6834 Jan. )54 A p r. 1 75 6934 6934 Sale T o l Cin D iv 1st & r e f 4s----- 1959 75 A pr. 23 6034 6134 6054 6234 6054 Jan. B attle Creek & Sturgis gu 3 s ..l9 8 9 61 Feb. 9 2,000 9334 A pr. 21 93)4 A p r. 21 9234 Jan. 9334 ----'9334 9334 Beech Creek 1st gu 4s------------- 1936 9334 Feb. 5 80 81 8134 7734 7834 Feb. 13 8134 M ar. 11 Beech Creek ext 1st g 314s----- 1951 86 86 86 85 Jan. 9 87 M ar. 14 B ig Sandy R y 1st 4s----------------1944 6934 A pr. 6954 71 6734 6754 69 Jan. 10 7334 Apr. 21 7334 A pr. 21 67 Boston 4 N Y A ir I ine 1st 4 s . . 1955 93 A pr. 93 9234 93 9334 ----93 A p r. 4 93 Brunsw & Western 1st gu g 4s... 38 . A pr. 4 93 A pr. 4 102 A p r. 29 10234 A p r. 29 10134 Feb. 27 10234 Apr. 29 10134 103 10134 10 2 B u ff Roch & P itts gen 5s--------1937 M S 8454 Sale 8454 Sale 8054 A p r. 22 84 5 A p r. 1 8054 A pr. 22 8834 Jan. 2 4 Consol 414s----------------------- 1957M N 82 A pr. 30 82)4 A p r. 30 82 82 34 Sale A pr. 30 8534 M a r. 9 R egistered_____________________M N 100 A pr. 11 100)4 A pr. 24 9954 Jan. 19 10034 M ar. 4 10034 1 0 1 9954 10034 Burl C ed Rap & N o r 1st 5s____ 1934 102 34 Sale 10134 A p r. 1 102 34 A p r. 24 10034 Jan. 10034 10054 Canada Sou con gu 5s-------------1962 102 34 A pr. 24 11634 Sale 11654 A pr. 1 117 A p r. 22 115 11554 Sale Jan. Canadian N o deb s f 7s----------1940 11754 Feb. 14 11754 Sale 11654 A p r. 9 118 11634 Sale A p r. 27 116 Jan. 25-year deb s f 614s g -------- 1946 11854 M ar. 21 79 A p r. 1 8054 A p r. 24 79 8034 Sale 7934 Sale Jan. Canadian Pac 4% deb stock---------8054 A pr. 24 20 93)4 A p r. 20 93 92 94 9334 ----Jan. 20 93 34 Apr. 20 C arb & Shaw 1st g 4s..................1932 78 A pr. 15 78 82 84 A p r. 15 78 7854 ----M ar. 18 8334 Jan. 29 Caro Cent 1st cons g 4s----------- 1949 100 A pr. 4 10134 A pr. 24 100 10054 10154 A pr. 4 10154 Jan. 5 10034 10134 Caro Clinch & Ohio 1st 5s----- .1938 A pr. 2 108 10754 Sale 107 A p r. 8 10534 Jan. 9 108 10654 Sale 1st & con g 6s series A ______ 1952 Apr. 8 8434 87 84 Jan. 9 84 8254 8534 Jan. 9 C art & A d 1st gu g 4s----------- 1981 A pr. 7 7834 A p r. 22 74 54 Jan. 30 7934 M ar. 6 4.000 7454 7554 76 7854 76 C en t B r Un Pac 1st g 4s______ 1948 A pr. 8 66)4 A pr. 2 6434 Jan. 6 69 65 6534 Sale 26,000 64 6434 C ent N E 1st guar 4s------------- 1961 Feb. 5 2.000 9654 9934 9854 9934 9734 A pr. 15 9834 A p r. 21 9734 Jan. 30 9834 A pr. 21 O O Reorg 1st con g 4 )4 «-------1930 10134 10134-----C en t o f Ga R y 1st g 5s---- N o v 1945 10154 Jan. 27 10254 Feb. 4 101 125',666 99)4 100 10034 A pr. 1 10134 A p r. 2 9934 Jan. 5 10154 A pr. 2 Consol gold 5s------------------- 1945 98 A pr. 23 99)4 A p r. 24 98 5,000 9634 99 9754 Registered_________________1945 A pr. 23 9934 A pr. 24 67.000 103 ./Sale 102 34 10334 10334 A pr. 1 10334 A pr. 10-yr 6% secured bonds------1929 103 Jan. 2 10454 M a r. 16 A pr. 17 10134 A pr. 10134 Sale 101 71.000 99 Sale R e f & gen 514 s series B tem p. 1959 99 Jan. 2 10234 Feb. 11 83 ........ 8354 ----Chat D iv pur money g 4s— 1951 84 Feb. 18 84)4 M ar. 21 ” 1.666 9954 A p r. 7 9954 A pr. 7 9954 Jan. 5 100 9954 ----9854 -----M a c & N o r D iv 1st g 5s----- 1946 Jan. 12 10034 ----100 ...... M obile D iv 1st g 5s........ ...1 9 4 6 ' 3 ,6 6 6 95 9654 9754 96 98 A p r. 7 95 Oen R R & Bkg o f Ga ool g 5s. .1937 Jan. 12 98 M a r. 30 109 ____ , _ _ _ . 18,000, 108 Sale 109 A p r. 29 10734 Jan. 27 109 C entral o f N J gen g 5 s .---------1987 M a r. 30 20 , 000 ! 10634 -----10754 1083410734 A pr. 10834 A pr. 21 10634 Feb 10 10834 A pr. 21 Registered---------- — 2 --- --- May, 1925.] BONDS—STOCK EXCHANGE RECOKD BONDS N. Y. STOCK EXCHANGE. ''.ft. Sales in A p ril. Par Value. Price Jan. 2 1925. R A N G E S IN C E J A N . 1. P R IC E S I N A P R IL . A p r il 1. * A p r il 30. Lowest. 15 Highest. Lowest. Highest. Ask. Bid Ask. Sale Prices. Sale Prices Sale Prices. Sale Prices B il. Ask B’ fl. 283.000 8 7 4 8ale 87 4 88 8 9 4 Sale 8 7 4 A pr. 2 8 9 4 A pr. 24 8 6 4 Feb. 26 8 9 4 A pr. 24 Cent Pac 1st r e f gu g 4s________1949 F A 96 A pr. 29 9 6 4 A pr. 24 95 4 Jan. 23 9 6 4 A pr. 24 45.000 9 5 4 Sale Sale 96 4 ........ 96 M t g g u g S W s ................Aug 1929 J D A pr. 25 8 ' 4 A pr. 3 87 Jan. 14 8 5 4 A pr. 3 87 65.000 86 4 8 6 4 8 5 4 8 6 4 8 6 4 Sale Through St L 1st gu g 4s____]954,J Charles & Sav 1st g 7s_________1936 A O 1124 Feb. 4 1174 Jan. 30 1184 ------- 1164 ----1164 100 Sale 1100 101 99 4 A pr. 15.000 1004 A pr. 25 9 8 4 M ar. 11 1004 Jan. 5 Ohes & O gen fnd & Imp 5s____ 1929|J J 1014 Sale. '1 02 4 Sale 1014 A pr. 10 34 A pr. 20 1014 A pr. 1 1 0 34 Jan. 19 1st cons gold 5s____________ 1939 M N 51.000 1024 ~ ‘ _____ 1 0 1 4 ______ 1014 R e g i s t e r e d _____ ________ ] 939 M N 90 Sale 8 8 4 Sale “ ~ ’ 8 8 4 A pr. 1 9 0 4 A pr. 24 8 7 4 Jan. 3 9 0 4 Feb. 19 182.000 8 8 4 Sale M General gold 4 4 s ___________1992 M 8 85 4 Jan. 2 8 7 4 Jan. 2 F FA 8 6 4 87 Registered___________________ 86 4 8 7 4 8 5 4 Sale 97 Sale A pr. 7 9 4 4 Jan. 6 9 7 4 M a r. 26 9 6 4 A pr. 1 97 9 6 4 Sale Sale 304,003 95 Convert!ble 4 4 s____________ 1930 F A 1024 Sale 1034 Sale 101 4 A pr. 4 1034 A pr. 29 1014 A pr. 4 1094 Jan. 10 Conv secured 5s____________ 1946 A O 1,134,000 1064 Sale 1034 Feb. 18 1064 Feb. Registered______________________ A O -----98 Craig Valley 1 st g 5s_______ 1940 J J 9 7 4 Jan. 2 9 9 4 Jan. 98 4 _____ 9 7 4 Sale Jan. 81 82 82 4 Jan. 29 83 83 4 ........ Potts Creek Br 1 st 4s_______ 1946 J J 8 3 4 -----1,000 8 3 4 84 8 4 4 -----8 4 4 ------- 8 4 4 A pr. 20 8 4 4 A pr. 20 83 4 Jan. 14 8 4 4 A pr. R & A D iv 1 st con g 4s______ 1989 J J 80 _____ 80 ____ Jan. 7 9 4 M ar. 11 80 R & A D lv 2d con gold 4s___ 1989 J J 78 824 Warm Spring Val 1 st g 5s__ 1941 M S 9 7 4 Jan. 16 9 7 4 Jan. 9 3 4 ------ 9 3 4 9 8 4 96 4 98 4 63 A pr. 1 6 5 4 A pr. 14 62 63 Sale Feb. 69,000 6 2 4 Sale 6 3 4 Sale Jan. 8 6 6 Chic & A lt RR ref g 3s____ ____ 1949 A O R egistered______________________ A O 6 0 4 Jan. 30 6 0 4 Jan. . . 60 4 6 2 4 A pr. 29 5 8 4 Jan. 6 6 2 4 Feb. 25 7,000 5 8 4 C tfs o f dep stn pd Oct 24 in t____ 60 4 6 2 4 6 0 4 6 2 4 6 0 4 A pr. 25 61 53 5 3 4 59 4 6 0 4 Jan. 27 6 2 4 Feb. 3 C tfs o f dep stmpd Apr '25 in t____ 5 1 4 A pr. 24 55 350.000 4 5 4 Sale A pr. 16 4 4 4 Jan. 19 58 4 Feb. 6 5 3 4 Sale 5 3 4 Sale Chic & Alt Ry 1 st Tien g 3 >58 __ 1950 J J Sale 50 4 A pr. 2 5 2 4 A pr. 14 45 164.000 4 5 4 Sale Jan. 16 55 4 Feb. 13 50 5 1 4 52 Ctfs dep coup Jan 1923 on______ _____ Sale A pr. 22 81 4 Jan. 6 8 6 83 4 A pr. 2 86 207.000 81 4 Sale A pr. 22 Chic Burl & Q 111 D iv 3 4 s ........ 1949J J 83 4 83 4 85 8 4 4 A pr. 24 8 4 4 A pr. 24 8 4 4 Apr. 24 8 4 4 A pr. 24 3.000 8 0 4 8 1 4 R egistered________________1949 J J 8 0 4 ------- 8 4 4 ____ 70.000 8 8 4 Sale 9 1 4 94 92 4 A pr. 9 9 4 4 A pr. 28 8 8 4 Jan. 2 9 4 4 A pr. 28 9 1 4 93 Illinois Division 4s__________1949 J J 9 9 4 A pr. 8 9 9 4 A pr. 7 99 54.000 9 9 4 Sale Jan. 14 100 9 9 4 101 Feb. 2 9 9 4 10 0 Nebraska Extension 4s______ 1927 M N 90 A pr. 4 9 1 4 A pr. 25 8 8 4 Jan. 7 9 1 4 A pr. 25 170.000 87 4 88 4 General 4s__________________ 1958 M S 9 0 4 Sale 9 1 4 ----R egistered___________________ M8 8 9 4 Feb. 27 8 9 4 Feb. 27 203.000 1014 Sale 1st & ref 5s Ser A ____________ 1 9 7 1 F A 1014 Sale 1014 Sale 1004 A p r. 8 1014 A pr. 1 1014 A pr. 8 1024 Jan. 27 46 4 6 4 46 137.000 55 A pr. 7 5 5 4 A pr. 1 54 I 5 5 4 Sale 56 Feb. 171 63 M Chicago C ity & Conn R y 5s____ 1927 A O “ " ar 4 Sale 107 4 107 4 107 A pr. 1 107 1,000 1064 _____ 107 A pr. 1 1054 Jan. 23 107 4 Feb. 4 Chic & E 1 1 1st cons g 6 s _______ 1934 A O 1 897.000 7 5 4 Sale 7 5 4 Sale 74 4 A pr. 13 7 6 4 A pr. 24 7 4 4 A pr. 13 7 9 4 Feb. 5 Chic & E 1 1 (new co) gen 5s___1951 M N 1 7 5 4 Sale 23.000 9 9 4 -----A pr. 7 9 9 4 Jan. 3 U 0 0 4 Feb. 11 Chic & Erie 1st gold 5s_________1982 M N 9 9 4 100 99 4 100 4 9 9 4 A pr. 2 100 Sale 61 4 A pr. 21 6 2 4 A pr. 17 5 9 4 Jan 62 Sale 6 1 4 Sale Chic G t West 1st 50 yr 4s_____ 1959 M S 1.032.000 66 ' 5‘| 6 5 4 Feb. 7 4.000 1094 111 Chic lnd & Lou ref g 6 s_______ 1947 J J Sale 109 4 A pr. 7 109 4 A pr. 7 1094 A pr. 7 111 Jan. 29 1094 _____ 110 100 ____ 1004 A pr. 14 1004 A pr. 14 9 9 4 Jan. 9 1004 M ar. 4 5.000 9 9 4 100 Refunding gold 5s........ ......... 1947 J J 99 4 27.000 85 4 87 _____ 8 6 4 A p r. 2 87 A pr. 3 8 5 4 Jan. . Refunding 4s Series C ______ 1947 1 J M ar. 31 8 6 4 ------- 87 14 87 8 9 4 90 26.000 87 4 Sale 90 _____ 8 8 4 A pr. 7 9 0 4 A pr. 29 87 1st & general 5s Ser A _______ 1966 M N Feb. 10 9 0 4 M ar. 21 A pr. 11 1 0 34 A pr. 24 101 4 Jan. 14 103 4 Apr. 24 47.000 1014 1024 1034 Sale 1024 1034 103 1 st & gen 6 s Ser B _____ M ay 1966 J J Sale A pr. 30 7 7 4 Jan. 23 7 9 4 M ar. 6 11.000 77 78 7 8 4 A pr. 6 79 lnd & Louisv 1 st gu 4s_______ 1956 J J 78 7 8 4 79 88 A p r. 28 88 A pr. 28 8 6 4 Jan. 7 88 1.000 8 6 4 -----Chic lnd & Sou 50-yr 4s........... 1956 J J A pr. 28 8 6 4 ------- 87 4 ____ 2,000 9 2 4 95 D 9 3 4 A pr. 7 93 4 A pr. 7 93 4 Feb. 6 9 3 4 Feb. 28 Chic L S & East 1st 4 4 s . ......... 1969 93 4 _____ 9 2 4 ____ 287.000 54 4 56 4 44 Sale J 43 4 A pr. 7, 4 5 4 A pr. 1 43 4 A pr. 7 5 8 4 M a r. 6 4 5 4 Sale O M & Puget Sd 1st gen 4s____1949 74 Sale 388.000 73 4 Sale 74 A pr. 1 7 6 4 A pr. 29 7 0 4 M ar. 18 7 6 4 A pr. 29 J Chic M il & St P gen g 4 s .M a v 1989 77 4 Sale J 25.000 63 4 64 Gen g 3 4 s Ser B ______ M a v 1989 6 5 4 A p r. 15 6 6 4 A pr. 8 62 4 M ar. 13 6 6 4 A pr. 8 6 4 4 6 6 4 6 6 4 ----377.000 8 2 4 Sale A pr. 30 7 7 4 M ar. 11 84 J 8 2 4 A pr. 1 84 Gen 4 4 s Ser O ............M a y 1989 84 Sale 8 2 4 Sale A pr. 31 Sale O 42.000 53 Gen & ref Ser A 4 4 s ...J a n 2014 Jan. 8 4 4 4 A pr. 21 4 6 4 A pr. 8 4 3 4 M ar. 20 54 4 5 4 Sale 44 4 Sale Sale A 46 Sale 958.000 57 4 > A pr. 20 4 6 4 A pr. 81 4 4 4 M ar. 20 5 8 4 Feb. 28 Gen ref conv Ser B 5s._Jan 2014 4 5 4 Sale 442.000 99 4 Sale 1934 101 Sale 102 1 st sec gold 6 s________ Sale 10 4 A pr. 2 102 4 A pr. 251 9 6 4 M ar. 12|1024 A pr. 25 J 6 Sale D 891.000 5 9 4 Sale Convertible 4 4 s_____________1932 4 4 4 A o r . 17 ^ 6 4 A or. 7 44 5 4 Sale M ar. 19l 6 0 4 Jan. 7 46 A pr. 20 4 8 4 A pr. 4 46 4 s ------------------- _------------- 1925 D 2.113.000 7 6 4 Sale 4 7 4 Sale 46 4 Sale A pr. 20! 7 8 4 Jan. 7 4s................. 1934 4 4 4 A pr. 29 4 6 4 A pr. 8 44 J 688.000 54 4 Sale 44 4 Sale 4 5 4 Sale M a r. 19 5 6 4 Jan. 9 160,000 95 4 9 6 4 9 6 4 A pr. 7 99 J Ch & M o R iv D iv 5s_________1926 A pr. 20 9 4 4 M a r. 18! 99 A pr. 20 96 4 9 7 4 9 7 4 Sale 49.000 99 4 9 9 4 A 99 Sale Oh & N W extens 4s_____ 1886-1926 9 8 4 A pr. 27 9 9 4 A pr. 7 9 9 4 10 0 A pr. 20 1004 Jan. 22 A 106,000 97 4 9 8 4 99 Sale 9 8 4 A pr. 25 9 8 4 A pr. 27j 9 8 4 A pr. 25 9 9 4 Feb. 26 R e g istered -------------1886-1926 98 4 --Genera] gold 3 4 s ..... 1987 M N 74.000 73 4 75 4 7 3 4 A pr. 24 7 4 4 A pr. 7 7 3 4 A pr. 24 1 8 4 A p r. 25 73 4 Sale 1 7 4 4 75 M N R egistered_______________ _ 72 Feb. 26 7 2 4 Feb. 13 7 0 4 -----General 4s___________________ 1987 M N 207,000 83 4 83 4 Jan. 29 83 4 84 82 4 85 4 8 1 4 A pr. 20 8 4 4 A pr. 2 8 1 4 A pr. 20 86 82 A p r. 27 83 4 A pr. 22 82 19.000 8 3 4 85 Stamped non-payt inc ta x . 1987 M N Jan. 6 A pr. 27 85 804 --General 5s stamped_______ 1987 A pr. 3 1014 A pr. 25 1044 Jan. 8 M N 59.000 103 4 104 4 83 83 82 4 8 5 4 1014 A pr. 25 104 Sinking fund 6 s_______ 1879-1929 A O 4,000 104 4 ........ 104 4 105 4 1044 105 Feb. 10 1044 M a r. 4 1044 A p r. 11 1044 A pr. 3 104 104 Jan. 31 104 105 R e g is te re d _____ ____ 1879-1929 A O Jan. 31 103 4 _____ 1034 _____ 103 5,000 1004 ........ 1004 1004 100 4 1004 1004 A p r. 11 1004 A pr. 11 1004 A pr. 11 1004 Jan. 30 Sinking fund 5s_______ 1879-1929 A O 99 ______ 100 ____ R e g istered ........ ....... 1879-1929 A O 9 9 4 -----1004 Jan. 30 1004 Jan. 30 2,000 1004 Sale Sinking fund deb 5s...............1933 M N 1014 A p r. 17 1024 A pr. 9 1004 Jan. 2 103 Feb. 6 1 0 1 4 ------- 100 101 R egistered________________ 1 9 3 3 M N ____ 9 9 4 _____ 101 Feb. 25 101 99 4 ------ 100 Feb. 25 305.000 107 4 108 10-year secured 7s__________1930 J D Sale 1054 A pr. 14 1084 A pr. 1 105 Jan. 22 1124 M ar. 5 1084 Sale 107 15-year secured 6 4 s_______ 1936 M S 224.000 1114 112 A pr. 22 1114 A pr. 107 A pr. 22 112yh Jan. 10 1114 1124 1084 Sale 107 1st & re f g 5s------------- M a y 2037 J D 581.000 1004 Sale 91 4 A pr. 20 102 100 4 Sale M ar. 16 90 4 9 2 4 9 1 4 A pr. 20 1004 A pr. Chic R I & Pacific gen g 4s____ 1988 J J 178.000 83 84 A pr. 24 8 2 4 M a r. 31 8 4 4 M ar. 18 83 4 83 4 A pr. 8 3 4 Sale 83 4 Sale 6,000 8 1 4 84 R egistered________________ 1988 J J 82 A pr. Feb. 18 8 2 4 A pr. 29 8 2 4 A pr. 29 82 82 4 8 2 4 82 Refunding gold 4s____________1934 A O ,593,000 83 4 Sale 88 A pr. 22 8 3 4 Jan. 2 8 8 4 M ar. 13 8 6 4 S a le" 8 7 4 Sale 8 6 4 A pr. 1,000 R egistered_____________________ A O 8 6 4 A pr. 11 8 6 4 A pr. 21 8 6 4 A pr. 21 8 6 4 A pr. 21 3,000 1004 Chic St L & N O gold 5 s________ 1951 J D 1024 A pr. 18 1024 A pr. 18 1014 Jan. 20 103 Jan. 27 0 2 4 ------- 1024 D R egistered________________1951 1014 Jan. 5 1014 Jan. 5 1014 102 1014 Gold 3 4 s . . ________ 1951 D 794 7 9 4 Jan. 7 7 9 4 J. n. 7 7 8 4 ------- 7 9 4 3.000 84 D Mem phis D iv 1st g 4s_______1951 854 84 4 8 5 4 84 4 8 5 4 8 5 4 A pr. 28 8 5 4 A pr. 28 8 3 4 M a r. 16 8 5 4 Feb. 10 Ch St L & P cons g 5s_________1932 2.000 1014 O 103 A pr. 18 103 A pr. 18 1014 M a r. 11 103 1014 103 A pr. 18 1014 R egistered_______________________ O 101 4 1014 1014 103 1004 Jan. 31 1004 Jan. 31 D Chic St P M & Om cons 6 s____ 1930 9 9 ,6 6 0 105 1054 105 4 ------- 102 4 102 4 1024 A pr. 25 105 4 A pr. 8 103 A pr. 18 1084 Jan. 19 _____ Cons 6 s reduced to 3 4 s ......... 1930 4.000 92 D 9 2 4 A pr. 24 9 2 4 A pr. 24 9 2 4 Feb. 5 9 2 4 Feb. 26 9 2 4 ------- 92 4 94 Debenture 5s________________ 1930 M S 129.000 96 96 A pr. 29 105 4 A pr. 96 A pr. 29 1054 Apr. 3 974 98 4 99 9 6 4 Sale Stamped _____________________ 37.000 98 A pr. 13 9 8 4 A pr. 16 98 Feb. 6 9 9 4 M ar. 21 98 9 8 4 ----- 98 994 Chic T H & S’east 1st 5s_______I960 307.000 D 79 7 6 4 A pr. ‘ 8 0 4 A pr. 29 75 M ar. 18 8 0 4 A pr. 27 7 7 4 78 8 0 4 Sale Income guar 5s______ Dec 1 1960 M S 314.000 58 A pr. 67 Sale M a r. 16 6 8 4 A pr. 24 6 8 4 A pr. 24 55 5 8 4 Sale 60 4 Chic UnrSta 1st gu 4 4 s A ____ 1963 J J 131.000 91 4 Sale 9 2 4 Sale A pr. 93 A pr. 20 9 1 4 Jan. 2 93 Feb. 16 92 4 9 2 4 92 1st 5s Series B _______________ 1963 J J 71.000 1014 Sale Jan. 30 1024 Jan. 20 1004 A pr. 1024 A pr. 16 100 10 1 1 0 1 4 1024 Sale Guaranteed gold 5s_________1944 J D 621.000 99 A pr. 28 9 7 4 M ar. 20 99 ' Apr. 28 99 Sale 9 7 4 Sale 9 7 4 A pr. 1st 6 4 s Series C _____________ 1963 J J 13.000 1164 1174 1164 117 1 1 6 4 _____ 1164 A pr. 27 1174 A pr. 17 1164 Jan. 21'1174 Jan. 3 Chic & W I gen g 6 s.......... Dec 1932 Q M 1.000 1054 _____ 105 4 ------- 105 4 _____ 1054 A pr. 20 1054 A pr. 20 1054 A pr. 20 1054 A pr. 20 Consol 50-year 4s__________ 1952 J J 489.000 7 6 4 Sale A pr. 16 7 6 4 Jan. 5l 80 7 7 4 Sale 7 8 4 Sale 77 4 A pr. ~ 80 Feb. 5 1st & r e f 5 4 s series A _______ 1962 M S 612.000 98 A pr. 24 9 7 4 Feb. 2 9 8 4 Feb. 21 97 4 Sale 9 7 4 A pr. 9 8 4 Sale Choc Okl & G consol 5s______ 1952 M N 12.000 9 9 4 101 101 100 A pr. 13 1004 A pr. 16 9 9 4 Jan. 8 1004 Jan. 30 99 4 100 4 100 Cin Ham & D a y 2d g 4 4 s _____ 1937 J J 2,000 9 3 4 94 92 9 3 4 A pr. 27 9 3 4 A pr. 27 9 3 4 A pr. 27 9 4 4 Jan. 6 924 Cin I St L & C 1st 4s_____ Aug 1936 Q F 90 4 92 4 9 1 4 93 9 1 4 M ar. 30 9 1 4 Feb. 17 914 7.000 8 6 4 ----Registered ---------------- Aug 1936 Q F A pr. 91 A pr. 6 9 0 4 Feb. 25 96 91 9 1 4 91 A pr. 6 9 1 4 91 1.000 8 7 4 Sale Cin L & N 1st con gu g 4s_____ 1942 M N 8 7 4 A pr. 20 8 9 4 A pr. 17 87 4 Jan. 874 874 8 9 4 Feb. Cin S & Cl cons 1st g 5s________1928 J 1,000 9 9 4 ----9 9 4 A pr. 28 99 4 A pr. 28 9 9 4 M a r. 20 9 9 4 Feb. 99 4 994 Clearfield & M ah 1 st gu 5s____ 1943 J 9 8 4 ----984 O C C & St L gen g 4s_________ 1993 J 4 2 .0 0 0 82 8 3 4 S a le Sale 83 A pr. 16 8 1 4 Feb. 24 8 4 4 Jan. 22 8 2 4 A pr. 8 2 4 83 57.000 96 2 0 -year debenture 4 4 s ____ 1931 J S a le 98 A pr. 24 96 9 7 4 A pr. 97 4 Sale Jan. 9 7 4 98 98 M a r. 19 Gen 5s Series B ____________ 1 9 9 3 J 4.000 9 8 4 101 101 A pr. 15 1014 A pr. 20 9 9 4 Jan. 101 ---- 1014 1014 Jan. 23 113.000 103 R e f & imp 6 s Series A ________ 1929 J Sale Jan. 2 104 1034 Sale 1034 Sale 103 4 A pr. 11 1034 A pr. 3 103 Feb. 10 R e f & imp 6 s Series C ________ 1941 J 2.000 1074 Sale 1044 A pr. 2 1034 M a r. 30 1074 Feb. 16 104 1054 104 4 105 4 1044 Apr. R e f & imp 5s Ser D _________ 1963 J Sale 882.000 95 9 6 4 Sale 9 6 4 A pr. 9 8 4 A pr. 24 9 4 4 Jan. 3 9 8 4 A pr. 24 9 8 4 Sale Cairo D iv 1st gold 4s_______1939 J 4,000 8 9 4 9 0 4 91 A pr. ____ 90 91 A pr. 7 8 9 4 Jan. 12 91 90 4 91 A pr. 7 Cin W & M D iv 1st g 4s____ 1991 J 65.000 7 9 4 8 0 4 Jan. 13 82 82 A pr. 11 80 8 0 4 A pr. 75 8 0 4 8 0 4 Sale A pr. 11 St L D iv 1st coll trust g 4 s ..1990 M N 17.000 8 1 4 83 8 1 4 A pr. ____ 8 4 4 A pr. 28 8 1 4 M a r. 23 8 4 4 A pr. 28 8 1 4 8 2 4 83 Sp & Col D iv 1st g 4s________ 1940 M S 11.000 8 8 4 9 1 4 8 8 4 8 8 4 A pr. 8 9 4 A pr. 16 8 8 4 Jan. 8 8 4 ----8 9 4 A pr. 16 w W Val D iv 1st g 4s_______1940 J J 8 6 4 88 874 884 8 7 4 Jan. 23 87 4 Jan. 8 864 C lev Col O & ln d 6 s.................... 1934 J J 3.000 107 4 A pr. 24 1074 Jan. 12 108 107 4 ____ 1074 A pr. 3 108 A pr. 24 1074 C lev L or & W con 1st g 5s____ 1933 A O 14.000 1014 A pr. 27 1004 A pr. 15 1024 Feb. 4 1004 A pr. 15 102 100 1004 102 C lev & M a r 1st gu 4 4 s ________ 1935 M N 3.000 9 6 4 9 6 4 A pr. 22 9 6 4 A pr. 22 9 6 4 Jan. 20 9 6 4 Jan. 9 9 6 4 ----C lev & Mahon Val g 5s________ 1938 J J 11.000 98 4 ___ 9 8 4 A pr. ' 9 9 4 A pr. 28 9 8 4 A pr. 1 9 9 4 Feb. 3 9 8 4 Sale 100 C lev & P itts gu 4 4 s Sot B ____ 1942 A O 97 4 99 4 995 9 9 4 ----Series A 4 4 s ____________________1942 J J 1,000 9 7 4 ____ 9 9 4 A pr. 9 9 4 A pr. 16 9 9 4 A pr. 16 9 9 4 Apr. 16 99 9 9 4 99 Series C 3 4 s ________________ 1948 M N 87 6,000 82 8 5 4 A pr. 8 6 4 A pr. 24 8 5 4 A pr. 24 8 6 4 A pr. 24 84 ----8 5 4 ----Series D ------------------19 50 F A 83 91 81 ____ 84 M a r. 16 8 5 4 M ar. 18 85 ----C lev Short Line 1st gu 4 4 s __1961 A O 13.000 9 7 4 97 4 >4 A pr. 9 5 4 Sale 9 8 4 A pr. 1 9 5 4 A pr. 8 9 8 4 A pr. 1 97 4 9 8 4 C lev Un Term ’ls 1st s f 54s._1972 A O Sale 79.000 106 106 A pr. 9 1044 M ar. 24 1064 Feb. 19 1054 Sale 1054 A pr. 105 4 106 1st s f g 5s Ser B ___________ 1973 A O 150.000 9 9 4 Sale 1004 A pr. 6 9 9 4 Jan. 28 1014 M ar. 5 1004 Sale 100 4 100 4 1004 A pr. Coal R iv R y 1st gu 4s.............. 1945 J D 61.000 83 4 83 4 8 4 4 A pr. 16 8 3 4 Jan. 16 8 6 4 Feb. 11 8 4 4 A pr. 8 4 4 85 8 4 4 86 Colo & Southern 1st g 4s_______1929 F A 98 A pr. 194.000 9 6 4 Sale 9 8 4 Sale 9 8 4 A pr. 16 9 6 4 Jan. 7 9 8 4 M ar. 26 984 Refunding & ext 4 4 s _______ 1935 M N 90.000 9 0 4 Sale 95 A pr. 15 9 0 4 Jan. 5 95 9 2 4 A pr. 92 4 9 3 4 9 4 4 Sale A pr. 15 C ol & Hock Val 1st ext g 4s___ 1948 A O 36.000 8 6 4 _____ 8 6 4 A p r. 16 86 4 Feb. 18 8 6 4 A pr. 16 8 6 4 8 7 4 8 6 4 A pr. 864 C ol & T o l 1st ext 4s__________ 1955 F A 2,000 8 4 4 90 8 4 4 A pr. 27 8 4 4 A pr. 27 8 4 4 A pr. 27 8 3 4 ------- 8 4 4 A pr. 854 Conn & Pas R lvs 1st g 4s_____ 1943 A O 84 7 8 4 ------- 8 7 4 8 7 4 78 8 1 4 Jan. 21 8 1 4 Jan. 21 Cuba B R 1st 50-yr 5s g _______1952 J J 77.000 8 3 4 Sale 8 6 4 A pr. 29 8 7 4 A p r. 2 8 3 4 Jan. 2 8 7 4 M ar. 2 104 8 6 4 Sale 103 1st & refund 7 4 s Ser A ___ 1936 J D A pr. 2 104 Sale 103 56.000 1024 Sale A p r. 16 1024 Jan. 2 106 9 1 4 9 1 4 104 Jan. 2 Cuba N orth R ys 6 s stm pd___ 1966 J J 91 A pr. 30 9 2 4 A p r. 6 89 168,000 8 9 4 Sale 9 1 4 Sale Jan. 6 9 3 4 Feb. 10 9 1 4 Sale D a y & M ich 1st con 4 4 s ______1931 J J 6,000 9 6 4 Sale A pr. 9 97 A p r. 9 96 Jan. 13 9 7 4 Jan. 20 96 4 9 7 4 96 4 97 4 97 D e l * H u d 4 s............. 1943 M N 421.000 8 9 4 8 9 4 A pr. 16 8 8 4 Jan. 20 92 89 4 Sale 9 0 4 9 1 4 8 9 4 A pr. 1 92 A pr. 16 10-year convertible 5s______1935 A O 1 ,885,000 103 Sale 1024 Sale 1064 Sale 1014 A pr. 2 1084 A pr. 21 1014 Jan. 5 1084 A p r. 21 15-year 5 4 s ........................ 1937 M N A pr. 9 101 A p r. 14 102 60.000 1014 Sale Jan. 3 103 1014 Sale 1014 1014 101 Feb. 24 10-year secured 7s___________1930 J D 108 A pr. 1 108 4 A p r. 14 107 109 108 Sale 1084 109 Feb. 14 110 Jan. 21 28,000 108 Den & R G 1 st cons g 4s______ 1936 J J Sale A p r. 23 82 82 4 A p r. 2 84 408.000 83 Jan. 2 8 5 4 F eb . 5 82 4 82 4 8 3 4 Sale Consol gold 4 4 s ____________ 1936 J J 85 4 A p r. 2 8 6 4 A pr. 21 8 5 4 A pr. 2 8 9 4 M a r. 9 12,000 86 8 6 4 Sale 864 8 6 4 Sale Im provem ent gold 5s_______ 1928 J D 458.000 9 5 4 Sale 9 7 4 A pr. 22 9 8 4 A p r. 3 95 Jan. 9 99 9 8 4 Sale 9 7 4 Sale Feb. 9 Farmers Ln & T r dep recta for 1st & r e f 5s due___Aug 1 1955 ____ 60 Sale 59 Jan. 6| 70 Jan. 12 ___ ---- BONDS—STOCK EXCHANGE RECOKD 16 Sub's in BONDS A p ril. Pur Value N. y . STOCK EXCH ANG E Denver * Rio Grande tC mrnul.-th— Bankers Trust Co rtfs dep Assnt. to J'tie 15 '23 agreem’t. Stamped...... .................. . Am Ex N at Bk rtfs Feb 1922 Denv & Bid Or W est 5s_______ 1955 Des M A Ft I) 1st gu « 4 s . ___ 1935 Tem porary etfs o f d e p o s it.._____ Des PI lies Val 1st gu 4 4 » ____1947 Det & Mack 1st lien g 4s_____ 1995 Gold 4s...................................1095 Det River Tunnel 1st 4 4 8____ 1961 Dul Missahe & N or gen 5s____ 1941 Dul & Iron Range 1st 5s______ 1937 Dul So Shore & A ll g 5s______ 1937 Price Jan. 2 1925. M J J M J \ J S D i' N J O J A sk. Ask. Bid. 47 57 47 63 60 Sale 47 63 58 4 Sale 56 60 4 60 55 7 Sale « Sale 45 4 Sale 41 Sale East Ry M N o D iv 1st g 4s___194X A 1 a~i Tenn reorg lien g 5 s .____193b M East Tenn Va & Ga div 5s____1930 .1 Cons 1st gold 5s____________ 1950 M Elgin Jol & East 1st g 5s______ 1941 M El Paso & S W 1st & ref 5s____1965 A Erie 1st con extended at 7% to 1930 M Erie 1st con & prior 4s_________1996 J R egistered______ _____________ _ . 1st consol gen Hen g 4s_____ 1996 Registered_____________________ Penn coll trust g 4s_________1951 50 yr conv g 4s Ser A ______ 1953 A Do do Ser B ______ 1953 A Gen conv 4s Series D _______ 1953 Erie & Jersey 1st s f 6s_________1955 Erie & P gen gu g 3 4 * B ______ 1940 Series G ___________________..1940 Fla Cent & P< n ext g 5s______ 1930 Consol gold os_______________ 1943 Fla East Coast 1st 4 H s 1959 1st & ref 5s ser A ___________ 1974 M Fla Western & N or 1st 7s_____ 1934 M Fonda Johnst & G lov 4 4 8____1952 M F ort St U D Co 1st g 4 H s____194 1 J F t Worth & Denver C ity 5 4 s 19 1 j F t W & Rio Gr 1 g 4s............ 1928 j st Frem Elk & M o V 1st 6s______ 1933 A O R J N N O S J J J J A O O S N N J n j O Gal H & San Ant M & P 1st 5s. 1931 M N 2d guar exten 5s....................19311 J J Galv Hous & Bend 1st 5s______ 1933 A O Genesee R iv R R 1st s f 6s_____ 1957 J J Ga & Ala 1st cons 5s Oct. 1945 J J Ga Car & N or 1st gu g 5s_______ 1920 J J Georgia Midland 1st 3s_______ 1946 A O Gouv & Oswegatch 1st gu 5 s .. 1942 J D Gr R & I ex 1st gu g 4 H s _____ 104 1!J J Grand Trunk o f ('a n s f 7s____ 1940 A O 15-yr deb g s f 6s guar______ 1936 M S Grt N or— Gen 7s Series A ____ 1936,J J 1st & refund 4 4 s Ser A _____ 1961 l J Registered__________________ .. jJ J Gen m tge 5 4 s Ser B ______ 1952|J J Gen m tge 5s Ser C _________ 1973.J J Geen Bay & West deb ctfs A ______ Feb Debenture ctfs B ________________ I Feb Greenbrier Ry 1st gu g 4s_____ 1940 M N G u lf & Sh Isld ref 5s.......... Feb I952|J J 93 4 72 66 4 91 4 10 000 102 4 100 4 19.000 20.000 8 7 4 " Todd 3,000 57.000 87 4 994 lb".666 99 4 100 4 21.000 13.000 101 100.000 99*4 345,000 107 4 704 504.000 64 27 000 266 000 95 H 252 000 65 215.000 65 51.000 73 4 102H 84 84 100 21.000 4.000 98 4 363 000 92 4 406.000 93 4 71.000 103 1.000 64 3 000 89 14.000 1044 13.000 92 H 108 13.000 100 5.000 99*4 41.000 91 H 41.000 38.000 100 4 3.000 92 H 9.000 99 H .......... I 64 H 22.000 99 H 91.000 94 H 168.000 1154 681.000 1064 135.000 1094 .......... I 9 2 4 221 .000 167.000 1004 1.000 92 4 815.000 69 1.000 144 19.000 86 I 97 4 14.000 80 18.000 894 3.000 83 4 20.000 9 8 4 95 994 4.000 99 4 92 1.394.000 87 4 1.562.000 68 3.000 89 30.000 Harlem R & P t Ches 1st 4s____1954 M N H ock Val 1st con g 4 4 s _______ 1999 J J R egistered___________________ 1999 J J Houst & Tex C 1st g 5s Int gu. 1937iJ J Hous B elt & Ter 1st 5s________ 1937 J J Houst E & W Tex 1st 5s_______ 1933 M N 1st gu g 5s redeem___________1933 M N Housatonic R R con g 5s_______ 1937 M N Hudson & M anhatser A 5s____1957jF A Adjust Income 5 s ______ Feb 1957|A Illinois Central 1st g 4s_______ 1951 J 1.000 Registered 8.000 81 1st gold 3 H s .......................... 1951 78 R egistered _____________________ 81 Extended 1st g 3 4 s _________ 1951 78 Registered_____________________ 1st gold 3s sterling__________ 1951 33.000 57 4 Collateral trust gold 4s_____ 1952 A O 114.000 8 6 4 R egi-itcrw i_____________________ M N 1.000 1st refunding 4s_____________ 1955 M N 17.000 8 8 4 78 Purchased lines 3 H s ______ -.1952 J 3 3.000 Registered_______________________ J J 186.000 8 3 4 Coll tr g 4s L N O & T 1953 M N R egistered____________ M N 19.000 Refunding 5s_________________1955 M N 131.000 103 4 15-year secured 5 H s _________1934 J J 33.000 103 4 15-year secured 6 H s _________ 1936J J 1,800 1094 Cairo Bridge gold 4s________ 1950 J D .......... I I 8 8 4 Litchfield D iv 1st g 3s______ 1951 J J 704 12.000 1 7 6 4 Louisv D iv & T er g 3 H s _____1953 J J 1,000 Omaha D iv 1st g 3s__________ 1951 F A 5.000 6 9 4 St. Lou D iv & Term g 3s___1951 .J J 29.000 7 1 4 79 Gold 3 H s ..............................19511 J J 3.000 7 8 4 Springf D iv 1st g 3 H s _______ 1951 3 J Western Lines 1st g 4s_______ 1951 iF A 1,000 8 6 4 84 R egistered______________________ F A 277.000 9 6 4 Oh St L & N O jt 5s A ............1963 J D 10,000 87 4 Ind 1 1 & la 1st gold 4s________ 1950 J J 1 6,000 1004 Ind Union gen & ref 5s A ______ 1965 J J Gen & ref g 5s Ser B ________ 1965 J J 100 230" odd 101 Internet & Gt N or 1st 6s______ 1952 J J A d j m 6s Ser A _____________ 1952,Ap 1 1,454.000 68 147.000 Stamped_______________________ I____ 1.000 7 6 4 In t R ys o f C ent Amer 1st 5 s .. 1972 M N 40.000 57 Iow a Cent 1st gold 5s_________1938 J D 11.000 Certificates o f deposit_________ I----- 46.000 1 9 4 1st & ref 5 4s...........................1951 M S James F & Clear 1st 4s________ 1959 J K a l A & G R 1st gu g 5s_______ 1938 J K an & M 1st gu g 4s___________1990 A Second 20-year 5s____________ 1927 J K C Ft S & M con g 6s............. 1928 M K C F t S & M R y ref g 4s_____1936 A K O & M R & B 1st gu g 5s___1929iA K an C ity South 1st g 3s______ 1950 A R e f & Im p 5s_________ A pril 19.50! J Kan C ity Term 1st 4s_________1960 J Kentucky Central g 4s________ 1987 K eok & Des M 1st 5s ctfs dep. .1923 C tfs dep stpd as to in t___________ Knox & Ohio 1st g 6s_________ 1925 Lake E & W 1st gold 5s_______1937 2d gold 5s--------------------------1941 Lake Sh & M S g 3 H s _________ 1997 Registered___________________ 1997 Debenture gold 4s__________ 1928 25-year gold 4s______________ 1931 Registered . . . _________________ Leh Vail Harbor Term 1st 5 s .. 1954 Leh V (N Y ) 1st gu g 4 H s ____ 1940 Registered___ ____________________ Leh Val (P a ) gen con g 4s____ 2003 Registered_______________________ Gen cons 4 H s ____ __________ 2003 D J O J N O O O J 14.000 10.000 3.000 62.000 462.000 1.000 132.000 333.000 206.000 17.000 5.000 17.000 1.000 107,000 305.000 368.000 81,000 19,000 81,000 1,000 34,000 84 4 994 80 1004 1024 80 4 98 4 704 89 84 834 884 814 1004 994 95 784 76 4 97 4 954 914 1004 96 4 944 79 77 874 Sale 75 70 4 Sale 101 Sale _ 954 Sale 64 Sale 64 4 Sale 72 104 H 104 84 4 84 4 994 99 H 99 93 H 92 4 Sale 94 Sale 111 64 4 714 894 1044 Sale 95 108 1094 nifi 45 4 45 H 454 814 90 90' 96 101 Sale Sale 824 804 824 81 804 62 72 Sale 874 804 Safe 1894 82 814 754 84 Sale 804 1034 105 Sale 1024 Sale 1104 894 82 714 82 804 72 724 Sale 714 82 67 4 81 82 87 864 84 98 Sale 90 884 100 Sale 61 20 Jan. Jan. Jan. Jan. A pr. A pr. le u . Jan. Feb. F »b. A pr. M a r. Jan. 10 12 8 15 3 25 4 27 14 17 14 19 27 88 9 0 4 9 1 4 9 0 4 Apr. 4 90 4 Apr. 994 98 H A pr. 20 1004 Apr. 004 100 99 4 101 1004 A pr. 1004 Apr. 1004 1004 102 102 101 101 4 Apr. 102 4 A pr. 1024 101 100 A pr. 1004 A pr. 994 1004 101 Safe 1084 Sale 108 Apr. 107 1084 Apr. 70 Sale 7 1 4 A pr. 70 4 A pr. 7 0 4 71 674 6 9 4 67 4 6 9 4 Sale 61 4 A pr. 1 63 .Apr. 7 6 1 4 62 4 Sale 63 624 9 5 4 Apr. Sale 954 9 5 4 A pr. 9 5 4 96 66 A p r. Sale Sale 65 6 2 4 Apr. 624 Sale 60 Apr. 6 6 4 Apr. 64 4 6 5 4 60 72 4 Apr. Sale 6 9 4 A pr. 694 6 9 4 70 A pr. 101H 105 1064 A pr. 1024 104 4 105 84 84 4 84 4 100 100 Apr. 9 9 4 Apr. 984 9 9 4 99 4 9 9 4 99 9 3 4 Apr. 9 2 4 Apr. 924 934 934 Sale 9 5 4 Sale 93 9 5 4 Apr. 9 3 4 Apr. Sale 113 4 Sale 1104 Apr. 1134 Apr. 102 4 61 H 8ale 71 4 Apr. 6 7 4 Apr. 6 7 4 Sale Sale 8 9 4 Apr. 8 9 4 Apr. i f 8 9 4 894 104 4 Apr. 104 4 Apr. 20 104 4 104 4 Apr. 2 9 2 4 95 4 94 4 9 5 4 93 4 A p r . 20, 95 1104 107 4 1084 1084 Apr. 3|1094 Apr. 15, 108 Jan. Jan. M ar. Jan. Jan. Ian. Jan. M ar. Apr. Feb. Jan. Apr. Apr. Apr. Jan. Jan. 16 9 0 4 A p r. 17 1004 A pr. 2 101 M a r. Jan. 6 101 2 1024 A pr. 5 1004 A pr. 26 108 y8 Feb. 21 1 72 H Feb. 19 6 8 4 M a r. 6 6 4 Feb. Jan. 67 98 Feb. Feb. 69 Feb. 69 7 5 4 Jan. 1064 A pr. Jan. 84 4 21 2 9 21 24 26 13 28 24 17 13 18 17 10 17 12 Jan. Jan. Jan. M ar. Jan. Jan. M ar. Jan. Jan. Jan. 15 100 13i 99 4 20 9 4 4 28 9 5 4 2 1154 3 73 26 8 9 4 9 104 4 2 964 | 26:1094 Jan. Feb. M a r. A pr. Feb. M a r. M a r. Jan. Jan. A p r. 15 4 4 24 9 9 26 31 30 15 58 Sale 44 4 Sale 43 4 8 2 4 83 ------- 1 90 4 9 0 4 88 89 4 100 ------- 1 98 9 8 4 1004 _____ 1004 96 934 91 Sale Sale 734 92 824 72 Sale 83 82 Sale Sale Sale Sale 814 894 Sale 91 1004 100 1004 104 4 Sale 6 6 4 Sale 78 79 594 604 584 594 Sale 21 88 Sale 1004 8 1 4 Sale 82 4 1004 1004 100 103 4 102 4 103 Sale 8 3 4 Sale 984 7 1 4 Sale 704 Sale 8 8 4 Sale Sale 8 4 4 Sale 8 4 4 84 4 84 4 82 1014 1004 9 9 4 Sale 1004 954 954 96 4 Sale 79 794 77 76 4 9 8 4 Sale 984 Sale 96 4 Sale 964 98 4 101 100 9 6 4 98 Sale 94 4 -----7 9 4 Sale 80 794 8 8 4 89 4 884 874 Sale Prices. 12 6 9 4 111 7 0 4 19 6 0 4 30 * 6 4 lb 47 25 4 5 4 2 934 27 i 73 16 67 4 1, 92 5 104 13 1024 9, 90 814 81 Sale Sale Highest. Sale Prices. Jan. Feb. Feb. M ar. Jan. Apr. Jan. Jail. A pr. A pr. Feb. Jan. Apr. .......... 5 9 4 A pr. 28 47 A pr. 3 4 5 4 A pr. 25, 5 5 4 Apr. 45 A pr. 4 5 4 Apr. _____ 73 4 66 Sale _____ 1014 101 4 824 84 Apr. 8 73 Apr. 16 65 Apr. 1 92 Apr. 14 lO i Apr. 27,1014 Apr, 9 83 4 A pr. A pr. A pr. A pr. A pr. A pr. 8 16 20 14 7 29 1004 100 99 4 94 4 9 3 4 Sale 1024 94 4 9 3 4 994 100 Sale 644 A pr. 2 7 ll0 0 4 Apr. 14l!100 A pr. 22 1004 Apr. 9 , 9 9 4 Apr. 2 9 0 4 A pr. 17 95 Apr. 30 100 4 A pr. 2 104 93 A pr. 6 94 4 Apr. Apr. 2 9 9 4 Apr. 99 4 | Apr. 64 4 A pr. 1 66 Sale Sale Sale Sale Sale A pr. A pr. A pr. A pr. A pr. 100 94 1164 1064 109 91 1004 Sale 1004 Sale 1004 A pr. A pr. 92 93 9 3 4 9 3 4 Sale A pr. 70 80 I 70 76 80 15 Sale | 13 A pr. Sale 13 8 6 4 8 8 4 , 8 6 4 _____ 8 6 4 A pr. 9 9 4 Sale 99 4 A pr. 9 9 4 101 814 774 89 4 88 994 964 1004 94 874 694 914 I.incest. Sale Prices. sk 63 68 68 a 594 56 4 604 55 39H 454 93 4 73 65 91 102 1004 824 1004 1004 1004 100 100 100 _____ , 9 9 4 92 94 4 95 I 9 3 4 100H 1014 103 4 104 9 3 4 94 4 93 4 t o o " 9 9 4 1004 99 Sale 654 64 4 Sale 994 994 96 94 4 95 95 4 Sale 1164 Sale 116 4 Sale 107 4 Sale 1074 Sale 1094 Sale 1094 93 91 9 1 4 Sale 100 Highest. A p r il 30. 95 - - - - - 95 72 74 72 4 65 65 67 H 91 Sale 914 1024 _____ 104 1 0 1 4 _____ 1014 82 864 834 90 _ 1 9> 4 _ 99 4 101 100H Sale 1014 994 Sale 10SH Sale 70 H 67 4 Sale 62 H Sale Sale 75 Sale R A N G E S IN C E J A N . 1. P R IC E S I N A P R IL . A p r il 1. Bid. 616 000 150.000 1,000 r [ V ol. 120, 8 2 4 A pr. A pr. Sale" 90 89 4 100 A pr. 102 Sale 97 A pr. _____ _____ 93 4 A pr. 96 Sale 87 4 A pr. 69 A pr. Sale A pr. ........ 92 9 0 4 A pr. 83 A pr. 8 3 4 -----80 4 _____ 8 3 4 _____ 8 0 4 _____ 64 72 8 7 4 A pr. 87 4 Sale 8 0 4 _____ 8 5 4 Apr. 8 9 4 A pr. 8 9 4 92 8 2 4 ------ 82 4 A pr. 78 4 ------ 7 9 4 Apr. 84 A pr. 8 4 4 Sale 8 0 4 -----105 A pr. 105 4 108 A pr. 1024 Sale 102 111 112 1104 A pr. 8 9 4 A pr. 894 714 80 Apr. 8 0 4 82 73 A pr. 73 7 2 4 A pr. 72 4 A pr. 8 0 4 8 1 4 80 81 _____ 7 9 4 A pr. 8 6 4 ------Apr. 84 _____ 84 99 Sale 9 7 4 A pr. 9 0 4 Sale 8 9 4 A pr. 100 100 4 _____ 100 104 4 Sale 1034 A pr. 66 A p r. 7 1 4 Sale A pr. 6 8 4 _____ 67 A pr. 7 8 4 7 8 4 78 59 4 A pr. 6 0 4 Sale 59 4 A pr. 57 4 60 19 4 2 0 4 1 9 4 A pr. Jan. Jan. 21'1004 Feb. 5 M ar. 27 100 4 Jan. 23 Jan. 8 95 A pr. 2 5 1044 Feb. 25 Jan Jan. 13 1024 M a r. 3 Jan. 9 9 9 4 Feb. 11 Jan. 6 6 6 4 Jan. 8 Apr. Apr. 9 94 Apr. 111 1154 Jan. Apr. 15 1064 Jan. Apr. Apr. 20 109 A pr. 9 1 4 Feb. ! 5i 9 1 4 Jan. A pr. 1 1 0 0 4 Jan. 4 101 A pr. 18 94 A pr. 7 92 14 76 A pr. 14 72 M ar. 30 1 6 4 A pr. 7 124 Jan. 86 Jan. 7 8 6 4 A pr. ljlOO A pr. 9 8 4 M ar. 2 20 30 14 30 954 117 107 4 1104 92 3' 83 4 Apr. 9 9 0 4 A pr. 3 100 Apr. 20 9 8 4 A pr. 94 914 73 4 92 904 83 88 854 924 83 794 854 A pr. Apr. A pr. A pr. Apr. A pr. 1054 103 4 1114 894 A pr. A pr. A pr. A pr. 804 73 724 81 4 80 1 14 1 13 A pr. A pr. A pr. A pr. Apr. A pr. A pr. A pr. A pr. A pr. A pr. 84 A pr. 9 9 4 A pr. 90 4 A pr. 3 1 27 3 20 2 25 1044 704 67 79 60 4 604 21 A pr. A pr. A pr. A pr. A p r. A pr. A p r. 80 89 4 88 994 96 994 99 4 924 864 674 914 904 814 804 81 62 86 4 854 88 784 79 83 81 1034 ld2 109 4 884 70 774 704 71 4 79 79 4 864 84 96 4 874 100 100 3 100 27i 66 271 67 3 764 2| 57 30 5 9 4 1 194 9 5 4 M a r. A pr. 117 1074 Feb. Feb. 111 9 2 4 Feb. 9 1 4 Jan. 102 4 Feb. Feb. 8 * Jan. 1 6 4 A pr. 8 6 4 A pr. 3 1 1 Jan. 0 13 21 21 5 17 3 13 13 19 7 7 10 Jan. 8 8 3 4 M a r. 5 Jan. 6190 4 Feb. 11 M ar. 1 88 M a r. 19 9 Jan. 1 1004 Feb. 11 5 Jan. 101 9 8 4 M a r. 11 Jan. 5'1U0 Jan. 20 Jan. 994 Jan. 16 Jan. A pr. 2 94 Jan. 914 A pr. 29 Jan. 73 4 Jnn. 30 M ar. 924 M a r. 18 Apr. 90 4 A pr. 22 ‘ Api Jan. 83 4 Ma 23 ar. Jan. M a r. 10 83 Jan. 824 Feb. 3 Feb. Jan. Apr. Jan. Jan. Jan. Jan. Feb. Jan. Jan. Jan. Feb. Feb. Jan. Feb. Jan. Jan. A pr. M ar. A pr. Jan. Jan. Jan. Feb. Feb. A pr. A pr. Jan. Jan. A pr. Jan. 62 88 854 924 83 4 794 854 26 106 20 1034 2 1114 4i 894 5 704 161 804 21 73 724 82 80 88 87 994 904 101 1004 1044 78 67 804 65 604 264 Feb. A pr. A pr. A pr. M ar. A pr. A pr. M a r. M a r. Jan. M a r. A pr. Feb. M a r. A pr. A pr. Jan. A pr. M a r. Feb. A pr. A p r. Jan. Jan. A pr. Feb. A pr. Feb. Feb. A pr. Feb. 11 17 7 20 11 22 22 20 28 2 28 13 25 20 29 13 14 21 19 10 17 30 x6 3 3 2 27 26 6 30 26 88 A p r. 1 8 8 4 A pr. 25 8 6 4 M a r. 18 8 8 4 A pr. 25 884 1004 8 1 4 A pr. 1 8 1 4 A pr. 30 80 Jan. 84 M a r. 4 8 1 4 Sale 100 1004 A pr. 8 10d4 A pr. 8 9 9 4 Jan. 1004 Feb. 24 A pr. 2 1034 A pr. 24 1024 Jan. 103 1034 103 1034 Jan. 3 83 4 A pr. 2 8 5 4 A pr. 30 8 0 4 Jan. 85 Feb. 26 8 5 4 Sale Jan. 9 8 4 9 9 4 98 4 A pr. 23 9 8 4 A pr. 23 98 9 9 4 Feb. 25 71 4 A pr. 1 73 A pr. 23 70 4 Jan. 73 A pr. 23 72 4 Sale A p r. 24' 88 4 M ar, 8 8 4 A p r. 2 91 91 Jan. 7 9 0 4 Sale 84 4 A pr. 1 8 6 4 A pr. 25 8 3 4 M ar. 8 5 4 Sale 864 A pr. 25 8 4 4 A pr. 2 8 5 4 A p r. 24 84 Feb. 8 5 4 86 854 M ar. 26 84 4 82 O 1004 Jan. 3 100 A pr. 1004 T O A pr. 21 1004 A pr. 13 100 9 9 4 A pr. 1 100 A pr. 8 9 9 4 Jan. 100 100 M ar. 4 95 4 9 5 4 9 5 4 A pr. 13 9 5 4 A pr. 13 9 5 4 Feb. 96 4 Feb. 11 7 8 4 A pr. 8 8 0 4 A pr. 24 78 4 Jan. 7 9 4 80 804 A pr. 24 784 764 Jan. 10 76 4 Jan. 9 8 4 A pr. 1 9 8 4 A pr. 24 97 4 Feb. 9 8 4 Sale 984 Feb. 21 Sale 97 9 6 4 A pr. 4 9 7 4 A pr. 23 9 5 4 Jan. 974 A pr. 23 9 6 4 97 95 4 Jan. 95 4 Jan. 23 102 Sale 102 A pr. 4 1 0 24 A pr. 24 1004 Jan. 1024 Feb. 24 A pr. 23 96 9 6 4 A pr. 18 98 M ar. 97 4 98 98 A pr. 23 Jan. 93 93 Jan. 13 954 7 9 4 A pr. 1 8 1 4 A pr. 27 79 Jan. 8 1 4 Sale 814 A pr. 27 78 4 A pr. 9 78 4 A p r. 9 7 8 4 Jan. 78 4 A p r. 9 8 9 4 A p r. 15 9 0 4 A pr. 21J 88 Jan. 90 Sale 904 Feb. 11 May, 1925.] BONDS—STOCK EXCHANGE RECORD BONDS N. Y. STOCK EXCHANGE. Leh Vail R R gen 5s series_____2003 \l jued V Ter Ky 1st gu g 5s_____1941! A Lehigh & N Y 1st gu x 4s___1915 M Lex & East 1st gu 5s________ 1955 A L ittle Miami gen 4s ser A ____1952 M Long Dock cons gold 6s........ 1935.A Long isl 1st cons g 5s____July 1931 Q 1st cons gold 4 s . . . ___July 193110 Gen gold 4s__________ _______I938IJ Gold 4s........................... ...... 19321 J Unified gold 4s_____________ 1949 M Deb gold 5s______ . . . _______193 1 20-year deb 5s______________ 1937 Guar ref gold I s . ___________ 1919 N Sh Beh 1st cons gu 5s___Oct '32 Louisiana & Ark 1st 5s_______ 1927 Lou & Jeff Bridge gu g is _____ 1915 Louisv & Nash v gold 5s______ 1937 Unified gold is_____________ 1910 Registered . . . ___________ 1910 C oll trust gold 5s___________ 1931 10-year secured 7s___________ 1930 1st & ref 5 t£s series A ______ 2003 1st & ref 5s series B _________2003 1st & ref I ms series O ______ 2003 N O & M obile 1st g tis______ 1930 2d gold 6s........................... 1930 Paducah & Mem D iv 4s____1910 St Louis Div 2d gold 3s_____ 19X0 L & N M o b & M I st g I ms_ 1915 _ M L S & West ext s f 5s______ 1929 F Ashland D iv 1st g 6s............1925IM M il & N o r 1st ext 4 ms (blu e). 1934 J Cons ext 4ms (brow n)______ 1934 J M il Spar & N W 1st gu is ____ 1947 M ilw & S L 1st gu 3 ms............1941 Minn & St L 1st gold 7s______ 1927 1st cons gold 5s_____________ 1934 1st & refund gold 4s_________ 1949 R e f & ext 5s series A ________1962 1st guar g 7 s ............... ......... 1927 M St P & S S M 4s stpd.......... 1938 1st cons 5s__________________ 1938 10-yr coll tr g 6 ms................ 1931 1st & ref 6s series A ........ ..... 1946 J 25-year g 5 ^ s ................ ....... 1949.M M St P & S 8 M & Cent Term 1st Chic Term s f 4s______ 1941 M M S S M & A tl 4s stpd_____1926 J Mississippi Cent 1st 5s_______ 1949 J M o Kan & Tex 1st g 4s_______ 1990.J Missouri- Kansas-Texas R R— Prior lien 5s series A ________ 1962'J 40-year 4s series B ___________1962 J 10-year 6s series O ___________ 1932 J Cum adjust 5s series A ___Jan 1967 A Missouri Pacific R R Co— 1st & refund 5s series A _____ 1965 1st & refund 5s series C _____ 1926 . 1st & refund 6s series D ____1949,F General 4s__________________ 1975 M M o Pacific 3d 7s ext at 4 % . — 1938!M M obile & Birm prior lien g 5s. . 1945 J M ortgage gold 4s___________1945 J M obile & Ohio 1st g 6s_______ 1927|j 1st extension g 6s.......... July 1927 Q General gold 4s_______ ______1938 M M ontgom ery D iv 1st g 5s_ 1947 F _ St Louis Division 5s________ 1927 M ohaw k & M a i 1st gu g 4s___1991 M o n t Cent 1st gu g 6s________1937 1st guar gold 5s..................... 1937. M orris & Essex 1st gu 3 m s____ 2000 J N ashville Chat & St L 1st 5 s ..l9 2 8 A N O S O N . D D N J J D J J J .. N J J D J 3 A . D O Nash Fla & Sheff 1st gu g 5 s ..1937,F N ational R y o f M exico— Prior lien 50-year s f 4 ms___1957, January 1914 coupon on ______ J July 1914 coupon on__________ J July 1914 coupon o f f__________ J Assenting s f red June cou p on ._ Guar 70-year s f 4s__________1977 A pril 1914 coupon on _________ A pril 1914 coupon o f f_________ Gen s f 4s assent redeemable___ N a t R R M ex pr lien g 4m s___1926 July 1914 coupon on ___________ July 1914 coupon o f f___________ Assenting with July ’24 coup. First cons gold 4s___________1951 A p ril 1914 coupon on__________ A pril 1914 coupon o f f_________ Assenting with Apr 1924 coup Naugatuck R R 4s_____________ 1954 N ew England R R cons 5s_____1945 Cons 4s_____________________ 1945 N J June R gu 1st 4s__________ 1986 N O & N East ref 4 ms A ........ 1952 N ew Orleans Term 1st 4s_____1953 N O Tex & M ex 1st 6s series A . 1925 Non-cum income 5s series A . 1935 First 5s series B ____________ 1954 First 5ms series A _________ 1954 Tem porary______ ________________ N p t & Cin B gen gu g 4m s____ 1945 N Y & Bklyn & M B cons g 5s. 1935 N Y Cent R R conv deb 6s____ 1935 R eg istered _____________________ Consol 4s series A ___________1998 R e f & im pt 4 ms series A ___ 2013 R e f & impt 5s series C ______ 2013 R egistered _____________________ N Y C & H R g m tge 3m s____ 1997 Registered . . ^ ____________ 1997 Debenture gold 4s_________ 1934 R egistered _____________________ M N 30-year deb 4s o f 1912-------1942;J J R egistered_________________ .. iJ J Lake Shore coll g 3 m s------- 1998 F A R egistered_______________ 1998 F A BONDS—STOCK EXCHANGE RECORD 18 BONDS N. 7 . S TO C K EXCH ANG E. Sales in I f A ril. e ® Par pValue. N Y Cent & Hud R iver (Concl)— M icb Cent coll g 3 % s_______ 1998 P Registered_________________ 1998 P N Y Chic & St Louis 1st g 4s. . . 1937 A Registered_____________________ A 25-year debenture 4s________ 1931 M 2d & im pt 6s A B & C _______ 1931 M Refunding 5% s Series A ____ 1974 A N Y Connecting 1st gu 4 %s A . 1953 F N Y 4 Erie 1st ext g 4s________ 1947 M 3d ext gold 4 % s_____________ 1923 M 4th ext gold 5s_______________ 1930 A 5th ext gold 4s_______________ 1928 J N Y & Greenw L guar g 5s____ 1947 M N Y & Harlem g 3 % s ................2000 M R egistered___________________ 2000 M N Y Lack & West 1st 5s A ____ 1973 M 1st & ref guar 4% s Ser B ____ 1973 M N Y Lake Erie & W est ext 7s. .1930 M Dock & im pt ext 5s_________ 1943 J N Y & Jersey 1st 5s____________1932 F N Y & Long Branch gen 4s___1941 M N Y N ew lla ven & H artford— N on-conv debenture 4s_____ 1947 M M R egistered _______________ Non-conv debenture 3 % s___ 1947 A Non-conv deten 3 %s________ 19"4 A J Non-conv debenture 4 s ____ 1955 ■ Non-conv debenture 4s_____ 19.56 M Convertible debenture 3 %8-.1956 J Convertible debenture 6s____ 1948 Registered________________ Collateral trust 6s___________ 1940 78 European loan dollars____ 1925 7s European loan francs_____1925 Debenture 4s________________ 1957 M Consolidated R y non-conv 4s 1930 F Non-conv debenture 4s___ 1954 Non-conv debenture 4s___ 1955 Non-conv debenture 4s___ 1955 Non-conv debenture 4s___ 1956 N Y & Northern 1st g 5s_____ 1927 N Y Ont & West 1st g 4s. June 1992 M R eg $5,000 on ly______ June 1992 M General 4s___________________ 1955 J R egistered_____________________ J N Y Prov & Boston gen 4s____ 1942 A N Y & Putnam 1st con gu g 4s. 1998 A N Y & Rockaway Bch 1st g 5s. 1927 M N Y Susq & West 1st ref g 5 s .. 1937 J Second gold 4 M s_____________ 1937 F General gold 5s_______________ 1940F Terminal 1st gold 5s__________ 1943M N Y Westches & Bos 1st 4 M s ..1946 J N ord Rys s f fi^ s int rects____ 1950 A N orfolk South 1st & ref 5s A . . 1961 F N orfolk & South 1st g 5s_______1941 M N orfolk & Western gen g 6s___1931 M Im provem ent & ext g 6s____ 1934 F N ew R iver 1st gold 6s_______1932 A N o r f & West R y 1st con g 4s. ] 996 A Registered_________________1996 A D iv 1st & gen g 4s_________ 1944J 10-year convertible 6s_____ 1929M Pocahontas C & C joint 4s. 1941 .1 N orth Cent gen & ref 5s A ____ 1974 M Northern Ohio 1st gu g 5s_____ 1945 Northern Pacific prior lien 4 s .. 1997 Registered____________________ 1 997 Gen lien ry & Id g t 3s__Jan 2047 Registered___________ Jan 2047 R e f & im pt 4 Ms Series A ___2047 R egistered_____________________ R e f & im pt 6s Series B _______2047 Registered______________ ,._____ R e f & im pt 5s Series C ______ 2047 R e f & im pt 5s Series D _______2047 St Paul & Duluth 1st 5s____ 1931 1st consol gold 4s__________ 1968 N orth Pac Terminal 1st 6s____ 1933 Northern R y o f C a lif gu 5s____ 1938 N orth Wisconsin 1st 6s_________ 1930 Ogden & Lake Ch 1st gu g 4 s .. 1948 J M Ohio Connecting R y 1st 4s_____ 1943 Ohio Ind & W 1st pref 5 s ..A p r 1938 Ohio R iver R R 1st g 5s_________ 1936 A General gold 5s_______________ 1937 J Oregon & C alif 1st gu g 5s_______1927 Oregon R R & N a v con g 4s____ 1946 J Oregon Short Line 1st con g 5s. 1946 J J Guaranteed con 5s___________ 1946 J Guar refunding gold 4s_______1929 Oregon-Wash 1st & r e f 4s_______ 1961J A A O O N N O A N S O D N N N N N S J A S S S O O J N J 80,000 120,000 695,000 93,000 9,000 5,000 1.000 30.000 10.000 11,000 57.000 27.000 213,000 9,000 61% Sale 56 56 % 59 M 60 86 87 Sale Sale 61% Sale Sale Sale S S D D O O S J A A N J O A N N A O O O J S D S 87.000 97 Sale 96 Sale 54 M Sale ' 2',06o N A P R IC E S I N A P R IL . A p r il 1. 26,000 10,000 17.000 33",000 23,000 5,000 307.000 696.000 304.000 10,000 9,000 182,000 54 M 67 % 67 % 64 M 63 60 M 85>-s 81% 99 M 67 59 61 M 92 61 M 82 M 71% 91% 107 M 107 M 106% 88 M 485.000 89 M 525.000 131M 17.000 90 M 7.000 101 6.000 87 M 361.000 84 M 44.000 83 % 210.000 60% 6,000 37.000 85 M 67 60 M 58 M 56 51M 62 M 40 88 85 54 63 63 63 63 68 100M Sale 66 M 65 M 63 M 63% 65 56 M 86 % 82% 84 100 Sale 69 % 62 59 M Sale 61 94 93 M Sale 63 % Sale 80 M Sale 72 96 M 108 M 106M 107% 107 M Sale 90 % 107 J D O J D J J D J 11,000 2,000 2,000 196.000 24.000 23.000 102.000 301.000 529.000 Sale 75 M Sale 72 63 M Sale Sale 95 70% 73 M 71% 73M 9 0 % ------- 9 0 % _____ 8 5 % ------- 87 % ------9 9 % ------- 9 9 % ------98 _____ 100% Sale 100 % Sale 88 M 88 M 88 M Sale 105% Sale 104 Sale 105% 106 105 Sale 96 M Sale 96 % Sale 82 M Sale 82 Sale 99.000 80 1,000 89% 7.000 98 M JJ 15.000 93 % 771.000 79 M FA 725.000 87% MS 359.000 88 MS 36.000 97 % MS 26.000 91 M 70 000 91 M MN 7.000 90 M 99,000 98% FA 464.000 93 M JD 250.000 101% JD 364.000 108% AO 245.000 110 FA 780.000 98 M MN 1,000 1,000 2,000 39.000 6,000 5,000 1,000 5.000 5.000 46,000 121*666 96 Sale Sale Sale 98 Sale Sale Sale Sale Sale Sale Sale Sale 84% 85 M 83 84 82 84 82 94 % *95 % 85 Sale 76 M 78 M 35 M Sale 77.000 82.000 A cr 2,000 303.000 98 M 106.000 82 10,000 92 M 74.000 103 FA 37.000 11,000 82 90% Sale Sale 100 103M 96 97 M 96 97 96 96 M 89 % Sale 89 M ........ 89 M ........ 89 M ........ 8 9 % ------9% ------94 M ------100% 100 % 90% 90 M 99% 95% 75 83 M 83 M 98 92 92 92 99% 94 A pr. 13 75% A pr. 7 A pr. 1 94% A pr. 27 A pr. 2 94% A pr. 1 103% A p r. 1 96 A pr. 7 93 A p r. 20 89 A pr. A pr. A pr. A pr. A pr. 30 24 24 22 20 A p r. A pr. 6 Sale 75 75% 91 89 92% 102% 93% 90 89 99 6 91 100% 106 99% 99% 107% A pr. 8 99% Apr. 1 67 54% Sale 54% A pr. 30 56% A pr. 17 63% A pr. 17 63% A pr. 17 55 62 63% 64 100% 100% Apr. 65% A pr. 67% Sale 63% 7 5 % -------------63% 63 A pr. 63 65 Apr. 56% 86% 84% A pr. 85% 100% 100 Sale 106 Sale 66% 60 97% Sale Sale 74 69% A pr. 60 93% 63 % 79% 71% A pr. A pr. A pr. A pr. A pr. A pr. 108% 107 108% A pr. A pr. Sale Sale 92 102% 87% Sale 84% Sale 84% Sale 88% 125% 91% 102 86 83% 82% 60 59% 85 A pr. A pr. A pr. A pr. A p r. A pr. A pr. A pr. A pr. A p r. 105% A pr. 96% 95% A pr. 96 96 A pr. Sale 96 100% 84% 87 109% A pr. 109% 103% 105 103 % 'Apr" 100 72% Sale 90% 87% 72% A pr. 58% 56e 63% 63% 55% 88% 87% 93% A p r. 1 A pr. Apr. Apr. A pr. A pr. Apr. Apr. A pr. 100% A pr. 67% A pr. 62 100 65 63% A pr. 65 Apr. 63 65 Sale 77% 75% 94% 89 96% 104% 96% 93 89 Prices. M a r. 28 A pr. 7 A p r. 27 Jan. 19 M a r. 30 M a r. 19 Feb. 25 A pr. 22 M a r. 12 M a r. 14 99% M a r. 21 Jan. 19 100% Jan. 20 M ar. 19 107% Jan. 19 A pr. 8 99% M a r. 13 Feb. 5 100% M a r. 6 Jan. Jan. Jan Apr. Jan. Jan. A pr. Jan. Jan. Apr. Jan. Jan. Jan. Jan. Feb. 68 60 60% 60 65 65% 59% 92 90 93% 100% 100% 60% 8 64 9 64 Feb. Jan. Feb. Feb. Feb. Feb. Feb. Feb. Feb. A pr. Feb. Feb. Feb. 25 30 27 26 24 28 25 25 25 22 18 26 24 Feb. 27 M a r. 4 Jan. 10 64 M a r. 13 Jan. 18,100% A pr. 21 Feb. 24 69% Feb. 7 A pr. A pr. 86 % Jan. Jan. Feb. Jan. Ja n. 61 A pr. M ar. Feb. 93% A pr. Jan. 66 A pr. 82 A pr. Apr. 74 A pr. Jan. M ar. Jail. 108 A pr. A pr. 108% A pr. Feb. 17 91% A pr. 23 88 Jan. 86 Jan. 92 A pr. 88% Jan. 132% A pr. 125% Apr. 92 A pr. 91 Jan. 102% A pr. 101% Jan. Apr. 87 A pr. 86 83%. Apr. 84% A pr. 82% Apr. 83% A pr. 61 A pr. 60 A pr. 59% A pr. 59% Apr. A pr. 85 86% A pr. 85% Feb. 23 107% A pr. 6 105% Apr. 85% A pr . 27 70% A p r Highest. Prices. Jan. 6 A pr. 13 Jan. 6 Jan. 19 Jan. 9 Jan. 2 Jan. 2 Jan. 2 M a r. 12 91 A pr. 6 92% Feb. 26 75% Feb. 16 78% Feb. 3 61 60 55% 55 60 56 51% 87 83% 91 97 96 53% 82% 100 66% 61% 60 93 59% 79 % 70% 94% 106% 108% 106 69% 65 86 % 85% 100 76 68 66 94 70% 84% 74 96% 108 108% 108 91% 86 92 134 93% 102 % 94 86% 84% 62 60 87% 85% 108% Feb. A pr. Feb. A pr. Feb. Feb. Feb. Feb. Jan. F eb . Jan. A pr. M ar. A pr. A pr. M ar. A pr. Jan. A pr. M a r. Feb. Feb. M a r. Feb. Jan. Feb. M a r. Jan. Feb. Feb. 21 27 18 27 26 11 19 20 24 24 13 28 14 15 11 20 23 30 18 19 4 28 19 20 22 13 19 21 18 11 97 A p r. 97% A pr. 95% A pr. 14 97% Feb. 24 95% Jan. 7 98 M a r. 7 109% A pr. 109% Jan. 21 109% Jan. 14 102 Feb. 21 103% M ar. 27 103% A pr. 23 104% M ar. 20 104% A pr. 73% A pr. 71 % Jan. 22 73% A pr. 7 98% 99 100% 89% 88% 89 106% 104% 106 Sale 105 106 96% Sale 97 82 83% Sale A pr. A pr. A pr. A pr. A pr. A pr. A pr. A pr. 98% 99 101% 89% 106% 106 97% 83% A pr. A pr. A pr. A pr. A pr. A pr. A pr. A pr. 98% 99 100% 88% 103% 103% 96% 81% Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 90% 91 99% 95% 70% 80% 80 98 92% 93 % 92 92% 95 99% Sale 92% Sale Sale 101% Sale 107% 110 % 110% Sale 97% Apr. Apr. Apr. Apr. Apr. Apr. A pr. A pr. A pr. Apr. A pr. A pr. A pr. Apr. A pr. A pr. A pr. 93 91 99% 95% 77 85% 84% 99 94 93% 92% 100 94% 103% 109% 110% 97% A p r. A pr. A pr. A pr. A pr. A pr. A pr. A pr. A pr. A pr. A pr. A pr. A pr. A pr. A pr. A pr. A pr. 82 90% 98% 94% 70% 80% 80 97 91 % 86% 90% 98% 92% 101% 107% 109% 98% Jan. 6' 94 Feb. 26 Jan. 28 98% Jan. 7 Jan. 5 99% A pr. 2 Jan. 95% A pr. 3 A pr. 80% Jan. 12 Jan. 5 A pr. 89 Jan. 16 Apr. 90 Jan. 21 Jan. 100 Feb. Jan. 20 95 Feb. 93% A pr. 27 Jan. M ar. 28 93 Jan. Jan. 14 100 A pr. Jan. 13 95 Jan. 103% Feb. 20 A pr. Feb. 13 110 Jan. 111% M ar. 19 Jan. 98% Jan. 22 83% A pr. 82% A pr. 82% Apr. 95% Apr. 85% Apr. 77% Apr. 31% Apr. 99 Apr. 98% Apr. 82% Apr. 93% Apr. 105% Apr. 40 A pr. 83% 82% 82% 95% 86% 79% 32% 99% 100 85 94% 106% 41% A pr. A pr. A pr. A pr. A pr. A pr. A pr. A pr. A pr. A p r. A pr. A pr. A pr. 83 82% 82 94% 85 77% 31% 99 97% 81% 92% 104 40 105% 96 96 96% 89% 7 90% Jan. 24 83% Jan. 29 A pr. 82% A pr. 8 Feb. 82% M ar. 19 Jan. 95% M ar. 27 Jan. 86% M ar. 7 Apr. 79% A pr. 20 A pr. 36% Jan. 12 A pr. 100% M ar. 13 Jan. A pr. 4 100 Jan. A pr. 25 85 M ar. 16 94% A pr. 14 Jan. 28 106% A pr. 22 M ar. 44% Feb. 20 M ar. 105% M a r. 14 Jan. 99% A pr. 28 Jan. 96% A pr. 25 M ar. 96% M a r. 30 Jan. 91% M a r. 5 Jan. 91% A pr. 7 100 98% 101% Sale 90% 92% 91% 90 99% 95% 98% 74% Sale 83% Sale 82% Sale 98% 99 109% 110M 97% 98% Sale Sale Sale 99 92% 94 92% Sale 94% 92% Sale 99% 93% Sale Sale 102% Sale 107% Sale 110% Sale 97% 84% 83 82 82 95% 85% 77 M 31% 99 99% 82% 92% 105M 40 105M 96 96% 95% 91% 91% 91% 91% 91% 95% 94% 98 M 86 83% 85 82% 84 82% 82 95% 95% Sale 85% 79 78 33% 31% 99% 99% 99% Sale 83% 83% 92% 106% 41% 41% 105% 97% 96% 96% 96% 94% 92 91% 91% 91% 91% 95% 96 94% "99% 99% 102 % Lowest. Sale Prices. 63% 63% 56 96 M 96 % Sale 96 M 96 % Sale 1 0 0 M ------80 M ------- 84 M 87 7.000 109M 109% 1 0 9 % ____ ______ 1 0 0 M ------- 103 M ____ 6.000 1 0 4 M ____ J S R A N G E S IN C E J A N . 1. Highest. Prices. A pr. Sale 65 6 6 % 67 ------ 67 67 ------- 5 8 % ------- 58% A pr. 55 A pr. 58 % 54% 56 62% A pr. 61 64 64 61 % A pr. Sale 62 M 63 55% A pr. 55 M 55% 56 Sale 87% Apr. 87% Sale 85% A pr. 90 91 Apr. 90 93 70 59% 53 95% Sale 65 Sale 73% 73% Sale 96% 108M 107% 107% 107 M 91% Sale 87% 91 88% Sale 89% Sale 130 125 M 128 91 91% 91 % Sale 102 % 101M 102 102% 86 87 M 86 M 86 % Sale 84% 84 M Sale Sale 83 Sale 60% 60 % Sale 59% 86% " 8 7 " 83 Sale 384,000 106% Sale 58,000 185,000 Lowest. 100% . _____ 106% 107M 107M A pr. 106 100 _____ 100 ____ 99% A pr. 99 M 100% 99% 100 9 0 % ........ 9 0 % ----- 55M -54M -- 1.000 73,000 A p r il 30. Ask Bid Ask Bid. Ask. Sale Bid. 75 M 76 M 75% 76M 75% 80 74 81 75% 73 M 80 92 Sale 92% Sale 92 90 M 92 8 9 % ------88% 89 89 M 94% 93 93 M 94 M 94 % 94% Sale Sale 103% Sale 103 103 102 M Sale 8ale Sale 95 95% Sale 95 94 Sale 90 92 M 92% 91 91M Sale 89 89 89 92 92 92 89 91% 93 93% 99 100% 99 M 95% 97 % 98 92 91 84% 91 78 M 83M 79 M 80 M 79% 78% 78% 5,000 103M 109 9 9 % ____ 3.000 99% 101 8 9 % ----- 11.000 Pacific Coast Co 1st g 5s_______ 1946 J D Pacific R R o f M o 1st ext 4s___ 1938 F A 2d extended gold 5s__________ 1938 Paducah & Illinois 1st s f 4 M s .. 1955 J J Paris-Lyons-Med R R 6s________ 1958 Sink fund extl 7s______________ 1958 Paris-Orleans R R s f 7s_________ 1954 Paulista R y 1st & re f 7s________ 1942 Penn R R consol gold 4s________ 1943 M N Consol gold 4s________________ 1948 Stamped dollar bonds____ 1948 M N Consol 4 Ms issue o f 1915____ 1960 General 4% s Series A _________ 1965 General 5s Series B ____________1968 10-year secured 7s___________ 1930 15-year secured 6 M s------------1936 40-year 5 s ____________________ 1964 Pennsylvania Co— ___ Guar 3 Ms coll tr reg ctfs___1937 M S Guar 3M s coll tr ctfs B _____ 1941 F A Guar g 3 M s tr ctfs Series C ..1 9 4 2 J D Guar g 3 Ms 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 Incom e4s_____________________ 1990 Peoria & Pekin Un 1st 5Ms A _ . 1974 A O Pere M a rq 1st 5s Series A ------ 1956;J J 1st 4s Series B -------------------1956, J J Phila Btilt & Wash 1st g 4s----- 1943jM N General 5s Series B ____________1974 Philippine R y 1st 30-yr s f 4s. . 1937 J J Pine Creek registered gu 6s------ 1932 J D P C C & St L gu g 4 % s Series A . 1940 A O Con 4% s Series B guar______ 1942 A O Con 4 Ms Series C guar------- 1942 M N Con 4s Series D guar-----------1945 M N Con 3 Ms Series E guar g -----1949F A Con 4s Series F guar g ---------1953 J D Con 4s Series G guar---------- 1957 M N Con 4s Series I I guar---------- 1960 F A Con 4M s Series I guar_______1963 F A Con 4M s Series J guar______ 1964 M N Gen 5s series A _____________ 1970 J D R egistered---------------- ---------- J D General g 5s ser B tem p-------1975 A O 2,000 35,000 Price Jan. 2 1925. [ V ol . 120. 99% 84% 84 96 87 80 Sale Sale 99 Sale Sale 99% A pr. 96% A pr. 7 91% A pr. 92 A p r. 95% Apr. 100 96% Apr. 96% Apr. 91% A pr. 97% 97% 92 A pr. 95% A pr. 98% A pr. 20 100 99 A pr. 15 Apr. 27 "99% Apr" 27 5 99% 30 100 2 101% 6 89% 29 106% 29 106 2! 97% 29, 83% M ar. M a r. Feb. M ar. A pr. A pr. Feb. A pr. 19 9 12 11 29 21 9 28 90% 91 95 94% 98% Feb. 17 90% Feb. 3 92 Feb. 9 96% M ar. 5 94% M a r. 25 101 99 A pr. 27 99% Apr. 27 Feb. 17 A pr. 2 M ar. 3 M ar. 20 Jan. 6 1925.] BONDS N . Y. S T O C K E X C H A N G E . BONDS—STOCK EXCHANGE RECORD Interest Period May, Sales in A p ril. Par Value Price Jan. 2 1925. P R IC E S I N A p r il 1. A P R IL . Lowest. A p r il 30. 19 1 1 Lowest. A J J A J M M J r M M O J J O J N N D S S Bid. Ask. Bid. Ask. Sale Prices. Sale Prices ■ 100% 100% 100% 100 104% 10454 i 103 10254 10054 10054 98 10154 100)4 10154 87 8754 87)4 100)4 10054 89 H 86 88 88 Apr. 25 47,000 10054 101)4 10054 Sale 10054 101 10054 A pr. 1 101 5254 17,000 5054 5154 57 5354 A pr. 8 5554 A pr. 17 81J4 8154 8154 Beading C o gen gold 4 s .. 19 9: J Registered___________________ J Certificates o f deposit______ A Jersey Central coll g 4s_____ J Gen & ref 454 s ______________ M Rensselaer & Saratoga 6s______ Richru & Danv deb 5s stamped. 192: A Richm & Mecklenburg 1st 4s___ M J Richmond Terminal R y 1st 5s. R io Grande June 1st gu g 5s___ J iJ R io Grande Southern 1st g 4s. . ir Guaranteed_________________ R io Grande Western 1st g 4s___ j lA 1st con & coll trust 4s series A M Rock Isl'd Ark & Loui 1st 4 %s_ 1J Rutland-Canada 1st gu g 4s___ Rutland 1st cons g 4 ^ s _______ J J J 55,000 6,000 9554 O J N O N J D J J J O S J J 91,000 115,000 89 93 54 11054 9954 7454 10054 9254 5 6 83 54 7254 8554 73 54 8554 J J A J J J O J 6,000 A J r M A O J J N O 224,000 426,000 5,000 562,000 3,000 Pitts Shen & L E 1st g 5s. St Louis Iron M tn & South— TJnif & ref gold 4s_ _ R egistered _______ St Louis-San Fran ( Reorg Co)— Prior lien 4s series A _________ 1 1 R egistered_________ ________ Prior lien 5s series B _________1 a r J T J r j r j J j A O Oct .1 J r j ; r j South W est D iv g 5s______ 194: A 0 i j M S M N I J T D 1st terminal & unif 5s_______ 1951 ' T J ■ St Paul & K C Sh L 1st 4 ^ s . . . 194 (< A St Paul E Grand Trunk 4 54s_.194 J .) St Paul Minn & Man cons 4 s ..193:- r j i J 1st consol gold 6s_________ I T r j R egistered_____________ _ M ontana E x t 1st gold 4s____ 193: J D I D Registered_______________ 1 J Pacific E xt sterling gu 4 s ... T J T .1 VI S A 0 A O VI N A O A O F A Refunding g 4s_____ ........ 19" A 0 M S 1st & cons 6s series A ' M S Atlan-Birm D iv 4 s .. T J F A Gen c o n s gu 50-year 5s_____ 196: A O Southern Pacific Co— 1 D / D Registered. M S i n X N A 0 1A O So Pac o f C a lif 1st cons 5s_____ 193: M N South Pac Coast gu 4s_________ 193: r j .J J J J 1J J 3A O 3A O 3A O J J J J 3M S 1M N 5J J 3J D i .T .T 3M S Texas & Pacific 1st g 4s_ Registered. July 1914 eoupon on. 3A O lF A 3J J lJ J 3J D J J iM S .T .T 5A O 5J D 7J J 5J J )A O lJ J 3J J 2M S RJ D 8J D 2A 0 7J J 7J J 7J J J J 8M S 8M S 8J J IM S RJ J 3T J i r a 7MN 4-1 J ' .T j 4 ____ S 2,000 11,000 37,000 5,000 24,000 62,000 181,000 30,000 1,000 Bid. Ask. l oo % i n i % 104 102 101 9454 93 88 93 54 11054 10054 77 75 10154 10054 9454 5 7 6 Sale 84 54 Sale 73 54 Sale 8654 73 54 72 8554 8954 Sale 525,000 3,000 24,000 94,000 ___ . . 1 _____ 89 8954 88 Sale 94 9254 111 54 10054 10054 10054 7754 79 101 10054 10054 101 93)4 94)4 94)4 Sale 7 7 6 8 6 85 85 5 Sale 4 8454 73 73 % 73 5 Sale 4 Sale 86 87 5 Sale 4 74 72 74 Sale 84 54 86)4 8554 8854 9354 4 7554 7654 7554 7754 77 5 93 5 4 93 54 9554 73'4 102 99 5 102 4 102 9354 9454 9454 9454 9454 Apr. A pr. 2 8954 A pr. 25 7 9454 Apr. 15 A pr. A pr. A pr. A pr. A pr. 8 8654 A pr. 2 7854 9554 76 A pr. 6 7754 Apr. 9554 94)4 A pr. 6 9454 A pr. 8454 Sale 9954 995s 86 5 Sale 4 99 5 10054 4 7454 Sale 76)4 Sale 84 54 7854 101 93 Vi 841,000 8854 266,000 10054 1,000 1,357,000 73 54 282,000 103 412,000 10754 4 2.000 99 5 9,000 86 50,000 82)4 4,000 102 34,000 8354 68 8954 9954 38,000 9554 23,000 100 82,000 8254 10,000 48,000 9954 88 6,000 9854 35,000 9954 2 000 100 18,000 9954 2,000 96 9,000 30 3,000 9954 79,000 82)4 9554 9554 8954 16,000 8354 13,000 8654 25,000 57 388,000 9154 5,000 8954 285,000 9954 86)4 79 103 54 95 93 54 Sale 9054 Sale 10154 9854 Sale 76 Sale 10454 Sale 10854 100 10054 Sale 8654 83 54 84)4 102 5 10154 4 Sale 84 5 4 8654 9154 8454 96 83 Sale 95 Sale Sale 9954 9654 3854 Sale Sale 97 8554 92 62 Sale 93 Sale 9654 100 M 83 9654 10054 90 98 54 9854 9954 100 96 30 9954 84)4 96)4 9654 8954 84)4 9054 51 92 54 91 9954 99)4 10054 95)4 Sale Sale 90 5 Sale 4 Sale 10254 103 Sale 98 5 Sale 4 Sale 8854 Sale Sale 83 54 Sale 10554 10454 105)4 10054 9054 99 5 4 Sale 103 103)4 93 54 94)4 8054 81)4 82 74 74 % 73 Sale 8954 Sale 8554 8654 Sale Sale 83 54 Sale 9354 95 96)4 109 10954 108 Sale 98)4 100 99 98 99 5 4 94 92)4 94 90 88 8654 88 Sale 10154 Sale Sale 8354 Sale 10054 10854 111 10154 91 8854 90 78 7654 7854 7754 7754 Sale Sale 79 Sale Sale 6954 Sale Sale 9254 Sale Sale Sale 100 102% 104.% 104 Sale 106)4 106 Sale 84 Sale 86 7954 82 h. 9854 Sale 9654 Sale 9954 100 10054 101 86)4 Sale 8114 83 97 Sale 10054 102 Sale 20 76)4 74% 91 10354 9954 8954 84)4 10554 101 Apr. Apr. Apr. Apr. Apr. Feb. A pr. Jan. Jan. 24 20 22 3 15 4 27 23 21 1 102 22 9254 20 80 24 7254 17 8554 22 8154 22 80 13 9154 20 945* 3 10754 i 9554 3 9754 14 9254 22 2 19 24 2 7 2 13 21 4 20 18 12 103 54 93)4 81)4 74 90 8754 86 Feb. Feb. Feb. Jan. M ar. A pr. M ar. 9654 109)4 100 98 9554 Apr. M a r. M ar M a r. A pr. A pr. 21 8954 Feb Jan. 2 102 Jan. Jan. 2 84 54 Feb. Fph. Feb. 16 101 M a r. Jan. 5 I l l 13 17 6 29 9 22 14 13 20 10 27 24 14 7 17 12 6 10 19 Feb. Jan. Jan. M a r. Jan. Jan. Jan. Jan. Jan. Jan. 4 19 6 31 6 2 10 29 20 23 13 20 24 29 28 29 17 31 26 25 Jan. 2 87 Apr. 4 20 2 9754 M a r. 23 3 10254 Feb. 10 28 5 87)4 A pr. 3 16 8554 Feb. 27 28 103)4 Feb. 14 15 22 2 92 ” Apr. 24 15 103 54 Apr. 27 15 4 3 78)4 Apr. 24 2 106)4 Feb. 6 6 11054 A pr. 29 5 100% M a r. 24 19 87)4 M a r. 14 7 85 Feb. 10 6 102 Jan. 5 28 8754 Feb. 10 89 77 7654 74 66 8854 8654 10054 A pr. 3 8954 A pr. 7 A pr. 2 A pr. 17 78 A pr. V 77)4 A pr. 29 A pr. 6 80 A pr. 29 A pr. 28 A pr. 1 70 A pr. 29 A pr. 1 93 A pr. 11 8754 A pr. 21 A pr. 4 A pr. 27 101 A pr. A pr. A pr. A pr. A pr. A pr. A pr. A pr. A pr. A pr. A pr. A pr. 8754 74 74 73 5954 8454 83)4 9954 10254 A pr. 25 103 A pr. 4 1 97)4 A pr. 16 7 10054 A pr. 7 14 28 8654 A pr. 16 87)4 A pr. 3 9654 A pr. 10054 A pr. Sale Sale Sale Sale 75)4 103)4 108 97 5 4 101 Sale 9854 Sale 100 99)4 9854 100 Sale 100 Sale 99 5 4 Sale 9654 A pr. 3 9754 A pr. 10054 Apr. 21 8254 A pr. 1 8354 A pr. 84 98 A pr. 25 98 A pr. 99 Sale 100)4 A pr. 1 10154 A pr. 100 Apr. 11 99 A pr. 9954 98 9954 98)4 A pr. 7 9954 A pr. 17 A pr. 100 9954 A pr. 14 100 99 54 98)4 A pr. 23 9954 A pr. A pr. 1 30 A pr. 31)4 30 99)4 9954 A pr. 15 9954 A pr. A pr. 85)4 8454 A pr. 1 86 3 11 25 25 22 A pr. A pr. 8 86 A pr. A pr. 29 92 A pr. 29 5254 A pr. A pr. 2 9454 A pr. 9 A pr. 9 9954 A pr. 15 18 14 24 24 22 8554 84)4 83)4 10154 103 83)4 83)4 91 5154 Sale 8454 89)4 5154 9254 Sale 99 A pr. 4 A pr. 1 1 5 A pr. 1 A pr. 7 A pr. 1 7 A pr. 29 A pr. 7 A pr. 16 A pr. 28 2054 2054 Apr. 9 Feb. 26 Jan. 20 Feb. 28 20 2C 2 2 2 20 21 11 17 A p r . 21 8954 A pr. 27 88 A pr. 1 10154 A pr. 20 100 A pr. 3 81 A pr. 22 84 10054 10754 4 106 7754 95)4 101 9554 Jan. A pr. 24 71 20 7454 Apr. 22 85)4 Jan. % 3 101 V Jan. la 9354 Jan. 24 8454 Jan. 27 76)4 Jan. 22 10454 A pr. 6 10054 M a r. 88 101 83 8554 A pr. 15 87 Jan. 7 Feb. 4 Jan. 20 Jan. 9 6 10054 Feb. 2 A pr. 20 2 96 16 83)4 Jan. 2 88 Apr. 24 9954 Jan. 23 10054 Jan. 23 A pr A pr. A pr. A pr. A pr. A pr. A pr. ADr. A pr. A pr. A pr. A pr. A pr. 101)4 A pr. Apr. 16 Feb. 14 Apr. 6 Feb. 20 A pr. 8 9954 Jan. 9154 Jan. 102 93 54 8054 7254 8754 8454 8254 9154 96 108)4 99)4 97)4 93 22 10254 22 9354 2 82 13 74 1 8954 2 8754 1 8454 13 13 9654 3 108 54 1 99)4 3 9754 16 95)4 100)4 7554 101 ‘ 9654 7 8254 M a r. 31 88 Feb. 2 7154 Jan. 8 75 Feb. 11 85 Jan. 16 8854 Feb. 20 3 8554 Jan. 6 8654 M a r. 19 A pr. A pr. A pr. A pr. A pr. A pr. Anr. 90 101 Sale Jan. 10 88 M a r. 31 95 9254 Feb. 11 9454 A pr. 25 1 7654 20 A pr. 2 91 A pr. 1 103 54 A pr. 1 99% A pr. 1 89)4 A pr. 1 84)4 A pr. 11 105 A pr. 15 100% 7454 A pr. Jan. 21 M a r. 5 Jan. 29 7 93)4 M a r. 25 30 94)4 A pr. 18 9554 A pr. 15 88)4 10254 9754 86)4 78 54 10454 100)4 Sale Sale 491,000 8454 8454 86 89 8554 A pr. 3 A pr. 3 95,000 10454 Sale 106 106)4 10654 Sale 106 132,000 103 54 Sale 103 54 Sale 103)4 Sale 103 54 A pr. 1 91 92 5 4 92 % 92)4 9354 10054 101 ion % io i 100)4 9354 93 54 9354 88% 8654 8854 8654 2,000 8654 8854 8654 8654 A pr. 30 8654 Sale 2154 100)4 A pr. 20 96 A pr. 20 16 88 A pr. 24 100)4 A pr. 3 Sale Sale 85 91 52 Sale 8754 Jan. 21 100 87 1 102 2 10054 A pr. 53 54 Jan. 7554 94 101 6 94 8654 78)4 10354 93)4 Sale 9154 Sale 103 98% 101 Sale 7854 Sale 10554 Sale 109)4 855iC 8554 8454 84 102 102 85 8354 69 9154 9654 101 83 54 98 102 90 98)4 99 100)4 9954 9854 27)4 9954 8554 96)4 96)4 8954 8554 89 5154 9,3 5 4 92)4 99)4 100 9 9454 Sale 101 83 54 99 107 54 10154 8854 77 76 54 7454 63 89 8354 10054 102 5 4 10454 10054 Feb. 3 101 54 Jan. 27 101 Jan. 27 101 Jan. 27 9954 Feb. 3 74)4 Jan. 21 A pr. 6 100)4 M ar. 6 Apr. 17 9254 Jan. 6 Apr. 8 5 Jan. 30 6 8554 A pr. 22 2 73 54 Apr. 30 7 87 54 Apr. 22 9154 Sale 88'4 10254 9754 7854 83 5 4 10154 100)4 90 5 4 99 10254 9154 8054 7254 88 85 82 54 9054 95 108 5 4 9954 97 92 54 90 Highes'. Sale Prices. Sale Prices. Feb. 7 99)4 M ar. 21 101 4 10054 A pr. 16 A pr. 3 101 A pr. 13 95 A pr. 8 7 28 9454 A pr. 2 16 Sale 8654 A pr. 1 88 9954 100)4 100)4 A pr. 3 1,835,000 7154 Sale 1,000 709,00) 8554 Sale 229,000 10154 Sale Sale 550,000 94 1,566,000 8554 Sale 2,133,000 7854 Sale 3,000 10554 4,000 100 54 9054 9654 13,000 10154 10354 Sale 2,000 93 177,000 8054 Sale 74 3,000 73 472,000 8554 Sale Sale 184,000 82 262,000 8054 Sale 16,000 90 6,000 93 5 9454 4 4,000 108 5 109 4 Sale 3,000 99 1,000 18,000 9154 93 54 90 5 92 4 2,000 89 Sale 53,000 100 Sale 119,000 81 98 54 107 54 101 13,000 87 54 89 77 8,000 74 97,000 7454 Sale 2,032,000 7454 Sale Sale 801,000 60 1,545,000 8454 Sale 52,000 83 54 84 14,000 100 10054 102 104 21,000 10354 10454 93,000 29 3 94)4 A pr. 18 95M Apr. 15 95 54 9454 R A N G E S IN C E J A N . 1 Highest. 92 A pr. 24 103 54 A pr. 27 4 7854 A pr. 24 106 Apr. 22 11054 A pr. 29 10054 A pr. 29 86)4 A pr. 23 85 A pr. 18 102 A pr. 17 84)4 A pr. 13 84 A pr. Jan. Jan. M a r. Jan. Jan. Jan. A pr. Jan. M a r. M ar. Feb. Jan. 9654 Jan. 9954 Jan. 84 )4 83 103 9454 8854 100)4 99 7354 103 10654 9954 8554 8254 100)4 83)4 Jan Feb. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. A pr. 9554 Jan. 12 9754 101 1 84)4 9 98 2 10154 82)4 A pr. 9654 M a r. 99)4 Jan. 23 98)4 Jan. 23 9854 M a r. 17 9954 Feb. 1 9954 Jan. 6 9654 Jan. 1 30 M a r. 15 9954 Jan. 21 8254 Jan. 8954 84)4 89 5054 9054 8954 98)4 90 A pr. 24 84)4 107 A pr. 22 10454 10454 A pr. 25 10354 92)4 10154 8654 A pr. 30 90 80 80 80 70 93 8854 101 10254 106 2 31 26 27 7 31 3 2 Jan. Feb. Jan. Apr. Apr. A pr. M a r. M a r. Jan. A pr. A pr. Feb. Feb. Apr. M ar. 3 13 24 25 16 9954 Jan. 29 100)4 Feb. 18 17 100 Apr. i 9954 Apr. 6 30 M ar. 31 99)4 Jan. 13 86 Apr. 21 9 Jan. 28 8954 Jan. 28 Apr. 8 8654 Jan. 30 M ar. 6 r9254 Jan. 23 Jan. 8 Feb. 22 62 Jan. 6 9454 A pr. 24 Jan. 6 24 Jan. 7 9954 Jan. 28 22 A p r . 24 Jan. 7 90 Jan. 5 107 A pr. 22 M ar. 9 10454 Jan. 27 Feb. 2 13 Jan. 27 10154 Jan. 27 8654 Jan. 21 8654 Jan. 26 8654 A pr. 30 8654 A pr. 30 2454 Jan. 20 24)4 Jan. 20 BONDS-STOCK EXCHANGE RECORD 20 Salts 11 1 A p ril. Par Value. BONDS N. Y. STO CK EXCH ANG E. Price Jan. 2 1925. P R IC E S I N A P R IL . A p r il 1. A p r il 30. Bid. Ask. 1004 101 1004 1004 97 4 1004 1014 Sale 101 8 6 4 89 99 4 Sale 1004 1014 96 4 Sale 9 5 4 Sale BH . ‘ A k 9 9 4 ........ 1004 1004 9 9 4 ........ 100 _____ 9 5 4 96 4 81 >4 Sale 95 4 Sale 100-Ps 100 4 9 4 4 Sale Virdigr'sVaJ Ind A West 1st 5s 1926 M S Virginia M id laud 5s ser E 1926 1926 M S 5.00C 5s series F ___________________ 1931 M S General 5s__________________ 1936 M N 3.000 Va & Southwest 1st gu 5s_____ 2003 Q J 49.000 First cons 50-year 5s_______ 19 5 s A O 427.000 Virginian Ry 1st 5s ser A _____ 1962 M N 1,435,000 40.000 Wabash 1st gold 5s....................1939 M N 255.000 Second gold 5s_______________1939 F A 834.000 R e f s f 5 4 s ser A tem p_____ 1975IM S Deb B 6s registered________ 1939I.J J 1st lien 50-year gold term 4s 1951 jJ .1 8.000 77 4 78 % D et & Ch Ex 1st g 5s............194 11 J J 10.000 99 4 Des Moines D iv 1st g 4s____1939, J J 5.000 8 0 4 81 % 2.000 72 4 74 Omaha Div 1st g 3 4 8______ 1911 A O 1,000 82 4 T o l & Chic Div 1st g 4s........ 194 1M S Waco & N W Div 1st 6s..........1930 M N 102 2000 F A Warren RR 1st ref gu 3 4 77 4 Wash Cent Ry 1st g 4s---------- 10 IS Q M 81 4 85 26.000 82 4 83 Wash Term 1st gu 3 H r-------- 1915 80 82 1st 40-year guar 4s.......... . . 1915 _ 88% W ea tb e rfM W & N W 1st 5 s .. 19X0 F 320.000 63 4 Sale West M aryland 1st g 4s______ 1952, A O 13,000 99 % 100'4 West N Y & I’a 1st g 5s--------- 1937'J J 124.000 80 H 81 4 General gold 4s_____________ 1943 A O In c g 5s________________ April 1943 N o v 34 4 485.000 90 4 Sale Western Pacific 1st 5s A ______ 1916iM S 41.000 101 H Sale 1st g 6s ser B ________________ 1916'M S 161.000 82 4 Sale 2361 J W est Shore 1st 4s guar_______ 2361 ,J .1 32.000 80 4 Sale R eg istered __________________ 2361 J J 30.000 101 Wheeling & Lake Erie 1st g 5s. . 1926 A O 2,000 99 % 100'4 W heeling D iv 1st g 5s..........1928 .1 J 97 Exten & impt. gold 5s--------1930 F A 99 4 75.000 68 68 4 Refunding 4 4 s 8er A ______ 1966 M S 55.000 70 Wheel & L Erie RR 1st con g 4s 1919 M S 72 4 49.000 63 4 Sale Wilkes-B & East 1st gu g 5 s ... 1912 J D W lim ar & Sioux Falls 1st 5s— 1938 J D 1004 83 Winston-Salem S B 1st 1s — 1960.J J 83 % 86.000 7 9 4 80 4 Wisconsin Cent 1st gen g — 1919 .1 J 48,000 85 87 Sup & Dul D iv A T e r 1st 4s. 1936 M N W or & Con East R y 4 4 s _____ 1943 J J ! ,{VOL. 120, R A N G E S IN C E J A N . 1. Sale Prices. 1004 A pr. 1004 100 87 97 4 1004 95 944 3 1004 A pr. A pr. 21 1004 A pr. A pr. 20 101 A pr. A pr. 17 89 A pr. A pr. 1 1004 A pr. A pr. 1 101 A pr. A pr. 7 9 6 4 A pr. A p r. 8 9 6 4 A pr. A pr. 7 83 4 A pr. 83 4 80 A pr. 13 1004 A pr. 100 4 100 _____ 83 4 A pr. 8 85 A pr. 7 5 4 75 4 A pr. 29 7 6 4 A pr. A pr. 11 85 A pr. 8 6 4 85 Sale , 85 98 4 Sale 5 4 Sale 64 54 Sale 101 9 7 4 Sale 9 6 4 Sale 93 93 4 1064 1084 99 98 93 4 Sale 9 6 4 Sale 1064 Sale Sale 102 9 6 4 Sale 904 914 Sale Sale 74 74 ___ 8 1 4 A pr. 27 8 5 4 A p r. Sale 63 4 A pr. 1 64 4 9 9 4 Apr. 16 1004 A p r. 16 81 4 8 0 4 80 46 Sale 92 4 A p r. 8 9 4 4 1034 1024 A pr. 8 103 Sale 82 4 A pr. 1 8 3 4 80 A pr. 28 8 1 4 82 Sale 1004 A pr. 27 1014 A pr. 7 101 99 4 101 Highest. 3 Sale 994 1004 99 4 100 93 4 84 4 95 Prices. I Sale Jan. 12 1004 Feb. 24 100 4 Jan. 151 9 9 4 Jan. 14 1004 Jan. 10 101 Jan. 2 91 Jan 5 1004 Jan. 6 101 4 Jan. 2| 96 4 Apr. 8 9 6 4 Feb. 20, 93 4 Jan. 161 83 4 Jan. 9 1004 Jan. 6 8 5 4 Jan. 26 764 Feb. 4 854 84 4 814 894 95 4 63 994 80 45 90 4 100 4 814 794 1004 994 994 68 72 6.3 4 102 824 78 4 824 Jan. 84 4 Jan. 30 Feb. 8 5 4 A p r. 1 M ar. 8 9 4 M a r. 5 Jan. 9 6 4 Feb. 7 Jan. 67 4 Feb. 5 A pr. 16 100 4 Jan. 7 M ar. 82 4 Jan. 5 Feb. 14 Feb. 45 Jan. 95 4 M a r. 2(5 Jan. 1014 M a r. 14 M ar. 83 4 Apr. 25 Jan. 8 1 4 M a r. 11 M ar. 17.1014 A pr. 3 Jan. 28 Jan. 15 101 M ar. 9 9 4 M a r. 25 Jan. 7 1 4 Feb. 6 Jan. 74 4 Feb. 6 Jan. 67 4 Feb. 25 Feb. 102 4 Feb. 28 Feb. 87 4 Feb. 3 Feb. 20 81 Apr. Feb. 8 7 4 Jan. 8 85 94 4 34 4 984 94 4 964 91 4 1064 98 914 95 4 1034 99 4 96 4 894 954 Sule Prices. 80 7 9 4 83 100 1014 100 4 82 4 8 4 4 84 754 754 85 854 854 102 102 774 804 844 814 83 4 Sale 814 894 964 964 63 4 63 4 Sale 100 1004 80 8 0 4 80 3 5 4 46 354 94 93 4 Sale 9 6 4 Sale 1024 82 4 Sale 834 Sale 81 814 1014 1004 9 9 4 100 994 974 97 4 69 67 4 70 73 4 7 4 4 74 Sale 64 65 102 4 104 1024 82 4 83 4 9 3 4 80 80 4 79 844 854 844 754 814 754 ------84 82 4 Lowest. Highest- Jan. Jan. Feb. M ar. Jan. Jan. Jan. Jan. M ar. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Apr. Feb. M ar. Jan. Feb. Jan. A pr. A pr. Jan. M ar. Apr. Jan. A pr. Jan. A pr. Jan. Jan. Feb. Jan. Jan. 21 24 4 22 6 100 4 30 94 4 3 944 9 tH 25 77 4 6 99 4 23 8 1 4 11 74 11 8 4 4 1 A pr. 17 A pr. 21 A pr. 23 A pr. 29 A pr. 3 A pr. 25 Apr. 9 A pr. 3 A pr. 7 Sale Sale 654 104 6 8 4 A pr. 9 6 9 4 A pr. 30 A pr. 30 73 4 A pr. 15 74 A pr. 24 63 4 A pr. 3 66 Sale Sale 85 78 4 A pr. 27 8 0 4 A pr. 2 8 4 4 A pr. 7 8 5 4 A pr. 20 Prices. M a r. 31 M a r. 18Jan. 15 Feb. 5* A pr. 24 Feb. 6« A pr. 22> Feb. 17 Feb. 17 M a r. 18' Feb. 20; A pr. 25 A pr. 6 > M a r. 2 A pr. 11 Feb. 18 In d u s tr ia ls Sale 85.000 85 Adams Express coll tr g 4s____ 1948 M 8 88.000 96 4 Sale A jax Rubber 1st 8s................. 19361J D 5.000 5 Alaska Gold M deb 6s A ..........1925,M S 34 12,000 10-year conv 6s ser B --------1926 M S 34 34 36.000 98 4 9 8 4 Am er Agric Chem 1st conv 5s_. 1028, A O 503.000 95 4 Sale 1st ref sink fund 7 4 8--------- 194 I F A 128.000 97 4 Sale Am er Chain 10-year s f deb 6s. 1933 A O 29.000 91 4 92 Am er Cotton Oil deb .5s______ 1931 M N 2.000 106 Am er Dock & Im pt extd 6s-----19361.1 J Sale 23.000 98 Amer Mach & Fcfy s f g 6s-----1939 A O 179.000 9 1 4 Sale Amer Republic C orp s f deb 6s. 1937 A O Sale 441.000 96 Amer Smeltg & R e f 6s ser A — 194 7 A O 68.000 1044 Sale l 8 t g 6 s s e r B ________________ 1947'A O Sale 319.000 100 Amer Sugar Refg 15-year 6s— 1937 J J 660.000 9 6 4 Sale Amer T e l & T e l Coll trust 4 s .. 1929 .1 J 19.000 9 0 4 Sale Convertible 4s_______________1936,M S 3.000 1064 20-year convertible 4 4 8----- 1933 M 8 572.000 1004 Sale 30-year coll trust 5s----------- 1946 .1 D 35-year sink fd deb 5s terrp. 1960 J J 3.697.000 1.122.000 1014 Sale 23-year sink fd 5 4 8----------- 1943 M N Sale 140.000 126 /-year convertible 6s_______ 1925 F A 159.000 9 2 4 Sale Am er W ater Wks A Elec coll 5s. 1934 A O 71.000 4 5 4 Sale Amer W riting Paper s f 7-6s — 1939 J J Sale 186.000 46 Tem p Interchang ctfs o f dep . . I .. Anaconda Copper M in 1st 6 s .. 1953 F A 1,001,000 9 9 4 Sale 769.000 1024 Sale 15-year conv deb 7 s .______ 1938 F A 666.000 100 Sale Andes C op M in deb 7s 26^ pd 1943 J J 56.000 Antilla (Com p Azucl 1st 7 4 8- . 1939 J J 26.000 Ark A Mem ph Bdge A Term 5s. 1964 M 8 Sale 403.000 85 Armour & C o 1st real est 4 4R-1939 J D 429.000 9 1 4 Sale Armour & Co o f Del 1st 5 4 8- - 1943 J J 74,000 1014 Sale Associattd Oil 6% gold n otes..l935 M S 97 ----Atlanta Gas Lt 1st 5s----------- 1947 J D 20 Sale A tlantic Fruit 7s rtfs o f dep— 1934 J D 22 Sale C e rtif o f deposit stamped---------107.000 9 7 4 Sale A tlan tic Refining deb 5s-------- 1937 J J 45.000 Baldwin Locom W ks 1st s f 5s. 1910 M N 34.000 Baraqua (Com p Azucar) 7 4 s . 1927 J J 124.000 Barnsdall Corp conv 8s-------- 1931 J J 136.000 Bell Telephone o f I ’a 1st 5s B — 1948 J J 93.000 Bethlehem Steel 1st ext s f 5 s .. 1926 J 73.000 1st & refund 5s gu ser A ----- 1912 M N 240.000 20-year pur & imp s f 5s____ 1936 J J 417.000 Cons 30-year s f 6s ser A ____ 1918F A 130.000 Con 30-year s f 5 4 s B -------- 1953 F A 42.000 Booth Fisheries deb 6s_________1926 A O 196.000 Brier Hill Steel 1st 5 4 8-------- 1942 A O 51.000 Broadway & 7th A v 1st con 5s. 1943 J D 8,000 C tfs o f dep stpd Dec '24 in t------ 1 -----16.000 Brooklyn C ity R R 1st 5s_____ 1941 J J 471.000 Bklyn Edison Inc gen 5s A -----1949 J 37,000 General 6s series B __________1930 J General 7s, series C _________1930.J 2,312,000 B klyn-M T r R T Sec 6s______ 1968’J 13,000 Bklyn Q Co A Sub gtd 5s_____ 1941 M N 1st 5s stamped_____________ 1941 J J Brooklyn Rapid Transit g 5 s ..1945 A O Trust co ctfs deposit____________ 1st refund conv 4s g ________ 2002 3-year secured notes 7s_____1921 Trust Co. ctfs deposit_________ 3,000 do stam ped________________ 39.000 Bklyn Un El 1st g 4-5s--------- 1950 F 502,000 Stamped guaranteed_______ 1950 F 42.000 Bklyn Union Gas Co 1st g 5 s .. 1945 M N 10-year conv deb 7s________ 1932 M N 11,000 1st 1 & r e f 6s A _____________ 1947 M N 5,000 Buffalo & Susq gen s f 5s------ 1932 J D 21,000 Bush Terminal 1st 4s-----------1952 A O 74.000 Consol 5s___________________ 1955 J J 71.000 Buildings 5s gu tax ex ------- 1960 A O Cal G & E Corp unif & r e f 5s. . 193 7 M California Petroleum 6 4 8---- 1933 A Camaguey Sugar sink fd 7s---- 1942 A Canada Steamship Lines 7s__ 1942 M Canadian General Electric 6 s ..1942 A Central Dist T e l 1st 30-year 5s. 1943 J Central Foundry 1st sink fd 6s. 1931 F Central Leather 20-year gold 5s 1925 A A Registered___________________ 1st lien sink fund 6 s _________ 1945 J Central ,Steel 1st sink fd 8s----- 1941 M Chic Gas L A C 1st gu g 5s----- 1937 I Chicago R ys 1st 5s___________ 1927 F Chile Copper conv 6s ser A ____ 1932 A Cine Gas A El 1st A r e f 5s____ 1956 A 40-year prior lien 5 4 s B Jan 1961 A Clearfield B it Coal 1st 4s------- 1940 J Colo Fuel A Iron Co gen s f 5s. . 1943 F Colo Indus 1st coll tr 5s gu----- 1934 F 1927 J Columbia Gas A E l 1st 5s J Stamped______________ 1993 M Col A 9th A v 1st gu g 5s. . 1932 J Columbus Gas 1st g 5s— Commercial Cable 1st g 4s----- 2397 Q N O O N O D A O O N J S J J 102 1004 1024 1024 1004 934 904 94 85 4 804 97 4 734 72 87 4 99 4 1034 105 824 664 Sale 1034 Sale Sale 1004 Sale Sale Sale Sale 824 Sale Sale 734 914 Sale 104 4 1084 Sale 67 102 1264 954 95 434 994 1004 954 93 4 914 874 92 4 102 4 984 19 984 105 1014 1004 964 904 94 4 86 77 4 994 68 67 4 934 100 1044 Sale Sale Sale Sale Sale Sale Sale 80 Sale Sale 714 Sale Sale Sale Sale 105 Sale 101 1004 1004 954 Sale 91 93 4 Sale Sale 85 Sale 72 9 8 4 Sale 704 714 72 70 Q9 Sale 1004 Sale 1C5 1054 8 4 4 Sale 62 644 70 ......... 8 6 4 Sale 64 65 70 4 85 4 ------ 12 ____ 73 85 A pr. l ! 8 5 4 A pr. A pr. 98 A pr. 2, 99 5 4 A p r. 1 6 4 A pr. 6 4 A pr. 161 6 4 Apr. 1004 A pr. 28 1014 A pr. 100 Apr. 97 4 A pr. 98 A pr. 9 6 4 A pr. 94 Apr. 93 A pr. 1064 A pr. 1064 Apr. 98 A pr. 9 8 4 A pr. 97 A pr. 93 4 A pr. 98 A pr. 9 6 4 A pr. 1064 A pr. 107 4 A pr. 1014 A pr. 1034 A pr. 9 6 4 A pr. 97 4 Apr. 91 A pr. 9 0 4 A pr. 9 5 4 A pr. 9 5 4 A pr. 102 A pr. 1004 A pr. 9 6 4 A pr. 9 4 4 A pr. 103 A pr. 1014 A pr. 130 A pr. 1264 Apr. 96 A pr. 9 4 4 A pr. 44 A pr. 54 4 A pr. 43 A pr. 5 5 4 A pr. 9 9 4 A pr. 1004 A pr. 101 A pr. 100 A pr. 94 A pr. 96 A pr. 92 A pr. 9 3 4 A pr. 91 A pr. 9 1 4 A pr. 88 A pr. 8 6 4 A pr. 91 A pr. 9 2 4 A pr. 103 A pr. 1024 Apr. 9 8 4 A pr. 102 4 104 1044 101 1004 95 90 4 93 4 85 70 4 984 68 67 4 93 100 1044 Apr. Apr. Apr. Apr. Apr. Apr. Apr, Apr. Apr, Apr. Apr. Apr. Apr. Apr, Apr, Apr, 8 4 4 A pr. 6 1 4 A pr. 3 9 9 4 A p r. 105 1064 1054 102 1004 97 914 95 864 78 99 4 714 704 93 4 1014 1054 A pr. Apr. Apr. A pr. A pr. A pr. A pr. A pr. A pr. A pr. A pr. A pr. A pr. A pr. A pr. A pr. 8 6 4 A pr. 64 A p r. 100 944 101 125 924 44 43 994 994 94 914 91 85 91 1014 974 18 7 22 874 102 103 102 4 1004 100 4 93 4 90 4 934 704 82 4 97 68 674 904 99 4 1044 Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Apr. Jan. Jan. M ar. Apr. Jan. Jan. Jan. 87 4 Jan. 9 9 9 4 Feb. 20 6 4 A pr. 16 6 4 A pr. 16 1014 A pr. 2 101 Feb. 10 9 9 4 Feb. 13 94 M ar. 10 1084 M a r. 23 2jl00 Jan. 7 2 97 A pr. 21 5 98 1 A pr. 24 9 1084 Feb. 10 2,1034 wApr.22 14 9 7 4 A pr. 17 241 9 2 4 M a r. 17 22 115 Jan. 5 2,102 A pr. 17 30| 9 7 4 Jan. 20 20 103 A pr. 22 29 1304 Jan. 5 2 9 6 4 Feb. 14 11 55 F eb . 9 3 5 0 4 Feb. 6 2 1014 Jan. 12 Jan. 12 ____ 31 104 18 1004 Jan. 2 94 4 M a r. 11 92 4 M a r. 11 90 M a r. 3 94 Feb. 13 1034 M a r. 19 9 7 4 Jan. 20 26 M a r. 21 22 Jan. 2 9 9 4 M a r. 5 2 105 A pr. 21 27 29 9 27 20 29 3 16 5 26 Jan. 20 Jan. 28 A pr. 1 A pr. 29 A pr. 9 9 1064 A pr. 2 1054 A pr. 3 102 A pr. 1014 Jan. 97 M a r. 92 4 Jan. 97 4 Feb. 894 Feb. 85 Feb. 100 Feb. 75 4 75 4 934 2 1014 5 1054 82 4 Jan. 2 8 8 4 Feb. 19 Jan. 10 6 1 4 A pr. 23 71 80 Jan. 27 80 Jan. 27 564 121 A pr. 82 4 8 2 4 83 4 81 4 A pr. 8 3 4 83 4 8 3 4 81 4 Apr. Sale 1004 Sale 1004 A pr. ------- 1354 Sale 1094 A pr. ------- 110 9 1 4 A pr. Sale 914 8 6 4 A pr. ------- 87 4 8 6 4 A pr. Sale 8 8 4 Sale 9 7 4 9 5 4 A p r. 9 7 4 96 121 83 4 844 101 A pr. A pr. A pr. A p r. 1104 92 4 87 4 88 974 A pr. A pr. A pr. A pr. A pr. 9 9 4 A pr. Sale 9 9 4 Sale 101 1034 Sale 102 4 Sale 102 4 A pr. 9 2 4 9 4 4 92 4 93 4 9 2 4 A pr. 98 Sale 9 7 4 A pr. 9 8 4 Sale 101 103 4 93 984 A pr. A pr. A pr. A pr. 82 83 4 Sale 814 83 4 8 3 4 9 9 4 1004 1004 1354 1094 9 1 4 ------- 92 4 84 Sale 854 87 86 4 86 4 95 Sale 96 4 8 27 39 4 994 56 80 99 72 Sale Sale Sale 108 994 964 Sale 107 Sale Sale Sale 954 Sale 8ale Sale Sale Sale Sale 54 Sale Sale Sale Sale , 914 Sale Sale Sale 1024 105 102 4 95 114.000 9 9 4 9 9 4 165.000 1004 Sale 22.000 93 93 4 64,000 9 6 4 97 4 107 4 107 4 14,000 100 4 100 4 954 964 1004 Sale 9 9 4 1004 794.000 16.000 1 1 0 4 ----24.000 99 4 Sale 1,352,000 83 4 Sale 753.000 1104 Sale 63.000 9 9 4 -----45.000 1014 Sale 77 4 87 92 97.000 90 64.000 8 0 4 Sale 64.000 1004 Sale 81.000 1004 Sale 1,000 34,000 1004 944 85 984 4 4 994 994 97 4 93 4 107 984 964 98 1064 1014 97 904 944 Sale 1014 Sale 954 Sale 102 4 Sale 1284 Sale 95 954 514 Sale 51 Sale 994 Sale 1004 Sale 944 Sale 92 9 1 4 91 Sale 88 Sale 914 Sale 102 4 984 19 27 394 99 994 1004 954 9 9 4 1004 1004 98 4 Sale 1104 1104 9 9 4 100 8 1 4 Sale 1054 Sale 100 Sale Sale 103 8 0 4 87 4 89 904 8 1 4 83 4 1004 Sale Sale 101 8 4 14 9 8 4 100 7 1 4 73 1 0 1 4 ------- 1004 A p r. 924 954 99 4 100 4 98 110 111 1004 9 9 4 Sale 75 4 Sale 105 994 103 4 103 87 4 9 2 4 89 Sale 814 Sale 1004 Sale 1004 14 994 994 72 73 Sale 1104 1004 77 1054 1004 103 . 804 91 814 1004 1004 9 99 72 A pr. A pr. A p r. A pr. A pr. A pr. A pr. A pr. A pr. Apr. A pr. A pr. A pr. A pr. 121 8 1 4 Apr. 814 A pr. 99 4 Jan. M ar. 155 107 4 Jan. 9 1 4 A pr. Jan. 84 86 4 Jan. 93 4 Jan. 984 1004 924 964 1074 7 1014 A p r. 29 100 4 95 4 994 99 4 1004 A pr. 974 Ill A pr. 110 1004 A pr. 98 4 8 1 4 A pr. 754 105 106 4 A pr. 101 4 ’A pr. 984 1034 A pr. 1004 80 92 A pr. 89 82 A p r. 80 101 A p r. 1004 100 101 A p r. 94 22 99 4 A p r. 984 2 76 A pr. 724 121 A p r. 85 1034 1634 1104 934 874 89 4 994 Feb. 19 Jan. 1 Jan. 19 Apr. ' 6 Feb. 16 Apr. 25 Feb. 18 M a r. 13 8 844 Feb. 16 M a r. 101 A pr. 23 Jan. 1034 Feb. 10 Apr. 92 4 Apr. 6 Jan. 9 9 4 Jan. 31 M a r. 107 4 Feb. 3 Jan. 1014 A pr. 29 Jan. Feb. 27 97 M ar. 1004 Jan. 15 Jan. 99 4 Jan. 14 M ar. 1004 A pr. 24 A pr. 9 114 Jan. 22 Jan. 3 1 1 0 0 4 A pr. 29 M a r. 4 Apr. 88 M ar. 1114 Feb. 9 Feb. 1014 A pr. 25 Jan. 1034 A pr. 9 Jan. Jan. 15 80 Feb. 16 A pr. 93 Feb. 9/ Jan. 83 Jan. 1014 Jan. 2 Jan. 1014 Jan. 12 Jan. 29 12 Jan. Jan. 9 9 4 A p r. 22, Apr- 31 Jan. 76 May, 1925.] Sates in A p r il. Par Value. BONDS N. Y. S T O C K E X C H A N G E . ■Commercial Credit s f 6 s______ 1934 Com'wealth Power 25-yr 6 s 1947 Computing-Tab-Record s f 6 s. .1941 Conn Ry & Lt 1st g 4 34s______ 1951 Stamped guar 4 34s__________1951 Consol Coal M d 40-yr 5s______ 1950 Consol Gas (N Y ) deb 534s____ 1945 Cons Pr & L t 1st & ref 634 s A . .1943 Cont Paper & Bag M ills 6 34s- -1944 Consum Gas Chic 1st gu g 5 s .. 1936 Consumers Power 1st lien 5s___1952 Corn Prod R e f gold s f 5s______ 1931 1st 25-year s f 5s____________ 1931 Crown Cork & Seal 1st s f 6 s___1912 Cuba Cane Sugar conv 7s_____ 1930 Conv deb stamped 8 % _____ 1930 Ouban-Amer Sug 1st coll 8 s___1931 Cuban Dom Sug 1st 7 34s_____ 1914 Cumh T & T 1st < gen 5s_____ 1937 fc Cuyamel Fruit 1st 6 s init ctfs ..l9 4 0 A p r il 1. B !,l. Ask $ M N 146.000 9934 Sale M N Sale 218.000 98 J J 558.000 10134 Sale 5954 9134 Sale 16,000 92 Sale 226.000, 87 2,722,000 112,000 100 3 Sale 4 80.000, 89 9034 10.000 9834 9934 M N Sale 390.000, 91 M N 10 0 M N 12,000 1 0 1 F A Sale 21,000 77 J J 70.000, 91 94 3 4 J J 247.000 99 4 Sale M S 61.000 10754 Sale M N 391.000 9654 Sale J .1 95.000, 97 3 Sale 4 A O 31.000, n o D A S A J J N A N N V A A N Hackensack W ater 1st 4s_____ 1952 J Hartford Street R y 4s_________1930 ®* Havana El R y L t & P 5s______ 195 1 Havana Elec R y cons g 5s_____ 1952 ” Hershey Chocolate 1st s f 6 s___1912“ H oe (R ) & Co 1st 644s A ..........1931 * Holland Amer L 6 s (flat) ______ 1917 ®* Hudson County Gas 1st 5s____1949 7 1 Humble Oil & R e f 5 Ms............1932,1 J 2 » A ? g ** ^ J 14.000 98 10.000 10134 18,000 1 81 159.000 105 3 4 10.000 j 10034 297.000 469.000 10054 342.000 11934 (110834 I 92 98 152.000 ! 95 14,000!I 92 351.000 91 4,000ij 10134 2,000 83,000 3,000 9834 A p r il 30. Ask. Sale Sale 102M 9054 9134 9024 Sale Sale 83 Sale Sale 9034 Sale 99 9934 Sale ...... ___ Gas & Elec (Bergen C o) 5s____ 1919 J Gen Asphalt conv s f 6 s _______ 1939 a Gen Baking 1st 25-yr 6 s______ 1936 J General Elec deb g334s_______ 1912 F Debenture 5s________________ 1952 M Gen Refractories 1st 6 s _______ 1952 F German General Elec 7s t imp 1915 J Goodrich (B F ) Co 1st 6 34s____1917 J Goodyear T ire & Rub s f 8 s ____1911 M 10-year deb s f 8 s ______ M a y 1931 F Granby Con M S & P 1st 6 s ___1928 M Stamped_________________________ M Conv deben 8 s _______________1925 M Gray & Davis 1st conv 7s_____ 1932 F G t Cons El Pow (Japan) 7s____ 1911 F Great Falls Power 1st s f 5s____ 1910^ M R A N G E S IN C E J A N . 1. P R IC E S I N A P R IL . Price Jan. 2 1925. Denver Gas & El 5s___________ 1951®* N 126.000 92 3 9254 4 Sale D ery (D G ) Corp 1st 7s_______ 1912 M S 21.003! 75 49.000 10034 101 D etroit Edison Co 1st 5s______ 1933 J J Sale 121.000 10 0 1st & ref 5s Series A ____ July 19IOjM jj 141,000 Gen & ref 5s series A _________1949| O 1st & ref 6 s Series B ____ July 1910 M S 76.000 10754 Sale 109.090 9134 92 D et United 1st cons g 4 34s -----1932 J J 1 ,429.000' Dodge Bros d ib 6 s int n e ts ___1941 - - -Dold (Jacob) Pack 1st 6 s ______ 1 9 1 2 M N 36.000 ‘ 81 3 '8 2 ' ' 4 69 Dominion Iron & Steel 5s_____ 1939 M S 52.000 66 66.000 89 3 Sale Donner Steel 20-year 7s_______ 1912 J 4 du Pont (E I ) Powder 4 34s____1936 J D 4 8.000 89 3 90 3 4 Sale 287.000, 108 du P o n td e Nem & Co 734s____1931 ,®* N 4 Registered ........ .................. . , 10754 107 5 Sale 317.000’ 106 Duquesne Lt 1st & coll 6 s Ser A 1919 -J > * 1st coll tr 5 34s Ser B ............ 1919 J J 98.000 10154 Sale Eastern Cuba Sugar 7 34s ______ 1937,54 S 518.000 10534 Sale Ed El 1 1 Bkn 1st con g 4s_____ 1939 J 1 1 100.000 89 34 92 Ed El 1 1 N Y 1st cons g 5s____1995 J J 1 10234 29.000 Elec Po w Corp (Germany) 6 34s 19 50 8 119.000 Elec Pow Corp (Germ any) 6.34s 1950 7 * 8 Sale Elkhorn Coal conv 6 % notes .1925 4 D 22.000 10 0 Empire Gas & Fuel 1st & ref 7 34s '37 ®* N 1,660.000 9754 Sale Equitable Gas 1st con 5s______ 1932 ™ 8 1,000 99 3 4 407.000 99 3 Sale 4 Federal L & T r 1st s f 5s.......... 1912®* 8 75,000 99>4 Sale 1 st lien s f 6 s stm pd_________1912 J* 8 C onv deb 7s A ..................... 1953 5* 8 11534 118 Sale 131,000 1 0 1 Federated M etals conv 7s_____ 19'10iJ D Fisk Rubber 1st s f 8 s.............. 1 9 1 1 '5* S Sale 60,000 108 F t Smith L t & Traction 5s____1936 ®* 8 78 3 4 4 214.000 92 3 Sale Frameric Ind & D ev 20-yr 7 Ms 1912 J J 7.000 10454 105 Francisco Sugar 20-yr 714s____ 1942 ®* N 7834 96 3 4 97 H 9934 99 9254 78 LO 5 O4 9954 98 107 54 90 3 4 Bid. 9854 10054 10134 90 3 4 90 3 4 82 102 54 10334 88 5 4 10254 9554 100 102 101 80 77 9754 9554 Sale 9934 Sale 10754 Sale 97 9954 9934 Sale 99 Sale 80 94 76 101 Prices. Sate Prices. Sale Prices. A pr. 9 A pr. 9 9934 A pr. 21 98 A pr. 1 10134 A pr. 21 97-54 Jan. 5 A pr. 13 10254 Apr. 3 101 34 Jan. 2 9034 Feb. 2 Jan. 10 9054 A pr. 11 9054 Apr. 18 89 8154 A pr. 3 1 8134 Apr. 24| 8154 Apr. 29 10134 A pr. 7,101 Apr. 22, 101 34 Feb. 27 10034 A pr. 1 10154 Apr. 29 10)34 Jan. 6 8 8 2 Apr. 20, 9054 Apr. 4 ll 87 3 Jan. 26 4 4 99 34 A pr. 8 99 34 Apr. 30 92 5 Feb. 2 9434 A pr. 3 96 Apr. 28, 9054 Jan. 3 Sale Prices. 99 3 Jan. 3 4 10134 A p r. 23 10134 Feb. 10 90 3 Feb. 2 4 92 3 Feb. 18 4 Feb. 17 90 Feb. 14 103 10354 A pr. 29 92 3 M a r. 26 4 9934 M ar. 6 A pr. 28 96 10254 78 Sale Sale Sale Sale Sale 99 3 4 102 77 34 95 34 9954 10754 9854 9934 99 A pr. Apr. A pr. A pr. A pr. A or. A pr. Apr. 4 10254 16| 78 30 97 34 22 101 27 110 13 98 34 3 9934 1 99 Apr. Apr. Apr. Apr. Apr. Apr. A or. Apr. 10254 80 98 10254 110 9854 9934 99 94 34 Sale 10154 Sale Sale Sale 91 Sale 87 Sale 9034 9234 A pr. 76 Apr. 10034 Apr. 99 34 A pr. 9754 Apr. 107 34 Apr. 90 3 Apr. 4 9434 Apr. 85 2 A pr. 4 50 A pr. 8954 A pr. 9154 Apr. 107 34 A pr. 91 22 76 11 10234 14 10154 6 9934 2 108 15 9154 30 99 34 211 87 3! 5334 4 91 211 9154 1 10834 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 4 A pr. 2 105 5 Apr. 15 10324 Apr. 1 105 54 Apr. 8 | 91 Apr. Apr. Apr. Apr. Sale 98 10034 10134 Sale 10534 Sale 10534 Sale 10434 Sale 10124 Sale 10 554 Sale 10134 9154 9134 9154 9154 9934 9934 99 87 34 99 3 8754 4 87 34 8754 Sale 8734 88 99 98 3 98 54 4 9934 Sale 10154 Sale 10034 101 9954 99 5 4 9934 91 93 34 9154 9434 91 10054 10034 10134 102 1 Sale 102 34 112 11154 7834 _____ _____ 91 8934 Sale 105 10334 10134 111 Highest. Ask. 99 Sale 10234 93 34 9134 Sale Sale Sale Sale 102 3 4 Sale 10034 10034 Sale 99 Sale 10754 Sale 9054 98 8554 '8 7 " ' 85 5634 50 90 91 9034 9154 9154 9454 Sale 10754 Sale 103 Lowest. I /iyhast. Lowest. Apr. 18 8734 Apr. Apr. 3 87 54 Apr. Apr. 3 99 Apr. Apr. Apr. 1 101 Apr. 28 9354 Apr. Apr. 15 93 Apr. Apr. Apr. 6 102 __ 1___________ Apr. 22 10134 Apr. Sale 102 Apr. 14 11154 Apr. Sale 109 78 Apr. 2, 79 Apr. 79 Sale 8934 Apr. ll 9154 Apr. Apr. 14 10334 Apr. 103 3 105 4 9854 9934 9934 9954 102 105 10254 102 10534 Sale 10534 10534 Sale 1 8134 8154 Sale Sale 110134 Sale 105 Sale 100 10054 10034 Sale 9154 Sale 9154 Sale Sale 10434 Sale 10334 Sale Sale Sale 120 3 Sale 120 4 Sale 10854 Sale 108 34 Sale 98 99 100 9934 98 Sale 99 10034 Sale 10034 9134 9134 95 9134 95 Sale 90 Sale 8834 Sale 10 2 10034 10154 10134 10154 100 3 Feb. 4 74 3 Feb. 4 9154 Jan. 90'4 Jan. 107 3 Feb. 4 9854 Jan. 97 Jan. 99 Apr. 98 3 Jan. 4 Apr. 101 Jan. Apr. 29 101 1015$ Jan. A pr. 1 10534 Apr, Apr. 81 Jan. A pr. 11 81 101 34 Jan 4 A pr. 1 105 3 Apr. A pr. 3 10934 Apr. 109 Apr. 93 3 Apr. 4 Apr. 28 9134 Apr. A pr. 9 10354 Apr. __ 10054 Jan. A pr. 1 120 2 Apr. 29 119 Jau. 4 Apr. 7,10934 Apr. 11 10854 Jan. 9134 Ian. 91 3 Jan. 4 100 Apr. 18 10934 Apr. 95 Jan. 92 .Tan. 9134 Apr. 7| 9124 Apr. 4 87 34 Apr. 87 34 Apr. I l l 93 3 Apr. 10034 Apr. 4 10934 Apr. 171 100 3 Jan. 4 54 84 8434 85 8 1 54_____ 84 34 A pr. 7 8134 A pr. 7 1 82 3 4 8 1 3 4 ------- 8 1 5 4 ........ 8554 Sale 86 Apr. I I 8 734 Apr. 87 Sale 8354 Sale Apr. 91 A pr. 29 91 9134 94 91 Sale 92 54 94 10 1 Sale Apr. A pr. 9 101 104 Sale 10154 Sale 101 10154 Sale 10134 Sale 101 54 A pr. 4 10254 Apr. 18 10054 Sale Apr. 86 Sale 7934 Sale 8134 A pr. 3, 83 8154 82 98 9854 9854 9934 9954 ........ 9934 A pr. 7 9954 Apr. Apr. 101 Sale 102 Sale 100>4 A pr. 1 102 9954 Sale 88 1*10334 2 9154 I I I 9234 9 101 8154 8254 85 M 92 3 4 101 10954 79 98 3 4 99 3 4 Apr. Apr. Apr. Apr. 28, l l 97 9 24 87 4 10134 9 13 4 Apr. 28 10 4| Ill I1 4| 14 2l 20 21 Apr. Apr. Apr. Apr. Aor. Apr. Apr. Apr. 65 34 6154 6 ) 8334 71 67 34 8) 8J34 4 97 1 98 4 1 10134 I I 10134 1, 99 2 87 15 10154 1 117 3 4 I I I 78 I I 78 4 I I I 95 3 4 3 10334 6 107 34 11 9134 1 10934 1 10334 6 9 7 34 3 101 F 100 3 Apr. 4 15 11634 Apr. 97 54 Apr. 9554 Apr. 29 8 6 22 12034 100 6054 51 10234 92 99 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 4 10434 Apr. 2; 9634 Apr. 21 104 Apr. A pr. 13 M a r. 28 M a r. 3 M a r. 6 A pr. 6 M a r. 2 A pr. 4 A pr. 1 9 ! 98 3 Feb. 4 M a r. 15 103 I I 10554 Feb. Jan. 191 84 28 10574 A pr. < 3 102 3 M a r. 4 28 9134 Jan. 2 10554 A pr. 6 120 3 Feb. 4 2 109 < Feb. 4 21 10934 M ar. 24i 9834 M ar. 2 10934 M ar. Jan. 6, 95 II I 9134 Jan. 21,10134 Feb. Jan. 8 100 34 A pr. Feb. Jan. 51 95 Jan. 13] 9234 A pr. A pr. Feb. 4,101 Jan 311 9934 Jan. Jan. Feb. 9 11 '10 3 Mar, ‘ 13 " 16 34 4 59 3 Mar 23 74 M 4 59 M ir 23; 7334 6154 M ir . 23,i 8134 85 A or. 4) 95 67 Mar. 2 73 61 J ill. 2 1 7154 88 lm. 6 9134 87 34 Mar. 23 9054 85 4 ,1» n. 97 4 85 9734 105 10134 9134 10054 6 16 2 24 25 27 28 5 13 17 31 17 30 2 19 Apr. Jan. Apr. Mar. Jau. Jan. Apr. I h i. Feb. Jan. Jan. 9 18 22 28 31 19 M ar ."l3 Feb. 9 Feb. 9 Feb. 9 Feb. 9 Feb. 17 Jan. 27 Feb. 4 Feb. 16 97 Anr. 24 9854 M ar. l l Fen. 13 6 10354 M ar. 14 24 1 00 A Feb. 14 20 87 A pr. 28 • 10154 Feb. 14 > 26 11734 Apr. 30 6 78 1 Apr. 20 7 78 34 A pr. 21 21 96 54 Apr. 28 8 10334 A pr. 14 25 103 4 Jan. 16 2 9454 M a r. 10 12 100 34 Apr. 29 3 100 3 A pr. 23 4 9 100 >4 Feb. 25 Jan. 7 5 101 10 1 4 Feb. 3934 Anr. 1 43 116 M ar. 19 120 M ar. 117*4 M ir . 11|11754 M ar. 97 54 Jan. 5 1007 Apr. -4 114'4 l m. 2 11754 M a r. M ar. 115 M ir. 11 115 9 >34 M ar. 21 9754 A pr. no J ,11 2 9554 A pr. M a r. 93 M ar. 18 93 113 99 57 34 51 19 Jan. 3 85 Jan. 19 Jan. 10 82 54 Jan. 10 Jan. 13 8734 A pr. 3 Jin. 3 94 1 Feb. 2 Apr. 9 101*4 Jan. 6 Jan. 2 103 34 M ar. 18 Jan. 5| 87 4. Feb. 25 Jan. 6 1 9954 Apr. 24 A pr. 24 Jan. 2 102 Jan. Apr. 88 95 5 Jan. 4 Apr. 98 4 Jan. Apr. I 9 1 M I in. Apr. M ar Apr. 93 Jail. Apr. 82 Apr. 28 10 0 M J in I 1 1 M Feb. Apr. J in . Apr. 75 Apr. 7114 Jan. Ian 89 Apr. Apr. 111 10tH I m Apr. 7 10634 M ar. .1 .111. Apr. 2 98 4 J a il. Apr. 95 '4 Jan. Apr. Apr. 0.5 4 Jan. 10 0 Jan. Apr. 1 4134 Apr. 28 120 Apr. 11 26 21 2 9 12 13 1 92 3 Jan. 6 9434 Feb. 13 4 Feb. 6 2 82 Jin. 75 99 3 M ar. 19 10234 Feb. 4 4 9934 e'eb. 27 101 % Feb. 7 99 3 A pr. 24 4 , 97 > M ir . 4 Jan. 23 7i 10D4 I >n. 10S 87 3 M ar. 4 93 54 M ar. 7 99 3 A pr. 11 4 9134 A p r . 88 3 Feb. 14 4 Jan. 82 Apr. 50 6854 Feb. 16 9154 Jan. 20 88 3 Jan. 4 90 M J m. 9154 Apr. 24 4 10554 Feb. .1 0 8 3 Jan. 30 107 3 Jan. 11 107 3 Jan. 13 4 4 M ar. 5 Jan. 17 107 11"105 Jan. 23 28 1 0 1 Jan. 5 106 4 Jan. 27 106 3 Feb. 9 11 101 Anr. 10 20 90 > Feb. 17 91 4 1 0 1 34 Feb 19 102 54 M ar. 18 8734 A p r . 18, 8734 A pr. 18 M a r. 18 87 3 M i r 18 88 4 Jan. 2 9854 Apr. 3 100 A pr. 24 97 3 Jan. 2 101 4 98 ‘4 Jan. 23,10934 Jan. 2 ) 88 Jan. 7 96 A pr. 3 Jan. 31 96 3 Jan. 6 102 4 Jan. 17 116 Jan. 6 116 Feb. 28 Apr. 22 107 2 102 30 108 Jan. 2 11234 M ar. 10 76 3 Jan. 21 79 4 M a r. 21 8934 Apr. 1 95 % Feb. 11 Feb 16 10334 A pr. 28 104 10234 10534 8134 10134 100 9134 10154 120 10834 Illinois Bell T elep ls t & r e f 5 s A 1936 4 R 9934 Apr. 97 3 Sale 4 9934 Sale 9934 Sale Sale 9134 Sale Illinois Steel deben 4 M s_______ 1940 & If 94 9134 Apr. 9454 Sale Ind N at Gas & Oil ref 5s______ 1936 u £r 8854 Sale 90 3 9154 90 3 9154 9034 Apr. 4 4 Indiana Steel 1st 5s___________ 1952 , N 102 101 3 Sale 4 102 3 102 54 Sale 10154 Apr. 4 Ingersoll Rand 1st 5s____ Dec 1935'* 9854 99 3 4 9954 ------4,000 11 Inter-M etropolitan coil 4 4 4 s ..1956 " 11 A pr. 11 13 11 13 6 10 Trust Co ctfs o f deposit__________ -434 1834 16% stamped_________________'• * - ? 1034 634 6 34 U Sale 68 Interboro R T 1st & ref 5s___ 1966 j 5 65 Sale 6234 Apr. 63 34 Sale 64 Sale 6134 Apr. 67 3 Sale 4 Stamped_______________________ « 62 54 Sale Sale 73 66 Sale 10-year 6 % notes.......... ....... 1932 A * 69 Sale 6154 Apr. 93 Sale 10-year 7% notes-------------- 1932 « .J 87 Sale 88 Sale 85 A pr. 67 70 In t Agri Corp 1st & coll tr 5s_1932 M N 62 70 71 7134 6 8 A pr. 61 Sale S ampe extended to _____ 9 4i' * 6534 67 ‘ 6234 Apr. 62 3 61 4 8 8 54 Sale In t M erc Mar ine 1st s f 6 s_____1911 ? 8 8 34 Sale 8334 Apr. 8 8 3 Sale 4 Intern Paper conv 5s Ser A ____ 1917 * 8 8 3 Sale 4 8354 Apr. 8854 Sale 8824 Sale 1st & ref s f 5s Ser B ..............1917 " J Sale Jurgens Works 6 s (fla t)_______ 1917 o 1,073,000 88 9134 Apr. 9134 Sale 96 3 Sale 4 441.000 96 1 Sale Kansas C ity Power & L t 5s____1952 *» S 4 9734 Apr. 98 3 Sale 4 97 54 Sale 4 141.000 98 !4 Sale Kansas Gas & El 1st s f 6 s_____ 1952 t? 101 Sale 100 5 Sale 100 3 Apr. 4 Sale 40.000 10 2 Kayser (Julius) & Co 7s_______ 1912 M m 102 3 10134 10234 10134 10254 Apr. 4 350.000 97 3 Sale K e lly Springfield T ire 8 s . ........1931 , N 99 Sale 9434 Apr. 4 94 34 Sale I 81 20.000 82 Keystone Telephone 1st 5s___ 1935 . 85 85 Apr. 4 85 3 83 3 8 8 4 Kings Co E L & Pow g 5s_____ 1937 ^ O 4.000 100’4 Sale 101 Apr. 10134 10154 O Apr. 27.000 1 1634 Purchase money 6 s__________ 1997 116 Sale 11734 Sale 116 A 126.000 75 Kings Co Elevated 1st g 4s____ 1919 p A 7534 Apr. 75 3 4 7434 77 7634 905.000 75 Stamped guaranteed________ 1949 V J 78 75 3 4 74 3 76 3 75 75 34 Apr. 4 4 44,090j 88 14 90 Kings Co Lighting 1st re f 5s_ 1954 , _ 9434 Apr. 10134 Sale 9634 Sale J Sale 10534 12.000 101 *4 1st 6 4 4 s_____ 1954 '! D 103 105 5 A pr. 4 4 Kinney (G R) Co conv 7t4s. .. 1936 w S 14.000 1 05 3 10634 10754 107 10734 103 34 Apr. Sale Lackaw Steel 1st cons 5s Ser A . 1950 » o 30.000 8924 9134 Sale 92 34 Apr. 9134 Sale Sale 65.000 98 '4 Sale Laclede Gas L ref & ext 1st 5s. .1931 S A 9934 Apr. 9934 Sale 100 551.000 95 5 Sale Coll & ref 544 s Series C _____ 1953 5 J 98 54 Apr. 4 98 5 Sale 10034 Sale 4 96 3.0001 95 Lehigh Coal & N av 4 44s______ 1954 ' 97 34 Apr. 97-54 9734 101 101 Sale 101 Sale 10034 Apr. 23,000' 10 0 Lehigh Valley Coal 1st 5s_____ 1933 % '{ 91 1st 40-yr gu int red to 4 % 1933 iyj < 3 10054 101 8.000 39 3 5524 37 Lex A v & Pav F ’y 1st gu g 5s__1993 * ^ 40 “ ‘ r. 4 4 1 3 4 _____ 3934 Apr. Apr. 99,000, 117 3 Sale _ L ig g ett A M yers Tobacco 7s_ 1914,^ O 4 11934 Sale 11934 11954 119 R egistered ________________ _ .ip A Sale 5s 1951 9934 Sale 100 Apr. 85.000 98 10034 Sale O Lorillard (P ) Co 7s____________ 1944 IA O 11554 115 Apr. 41.000 1 1434 Sale 11634 11754 115 R egistered _____________________IV A J 96 Sale 5 s .,........................................ 1951 { N 129.000 9654 Sale 95 34 Apr. 9634 Sale M Sale Louisv Gas & El 1st & ref 5s_ 1952,5 J _ 389.000 91 9454 Sale 93 34 Apr. 93 34 Sale 91 93 Louisville R.v 1st cons 5s______1930r 91 94 Low er Austrian Hydro-Elec Co— Ip. 4 8554 8 6 121, 000! 85 3 Sale I s t s f 644s............................. 1944 J 8534 Apr. 8534 Sale Sale Apr. 250.000 132 M agm a Copper conv 7s_______ 1932 * 115 34 Sale 11454 Sale 113 99 Apr. 100 Sale 96,000; 99 3 Sale 4 M anati Sugar 1st s f 734s______1912 * 9934 Sale Sale 5734 Apr. 207.000 63 3 Sale M anhattan R y (N Y ) con g 4s. 1990 2 4 2 60 5934 Sale 4 52 51 Sale 5134 Apr. 54 6,000 54 54 Sale 2d 4s________________________ 2013 ” Sale 99 34 Sale 102 108.000 98 M anila E lectric 1st r e f 7s______1942 N 102 5 9934 Apr. 4 85 8 6 3 Apr. 4 92.000 84 M anila El R y & L t 1st 5s______ 1953 “ 85 54 8 6 8934 Sale Sale 97 34 Apr. M arket S_t_Ry 1st 7 s.^___A pr 19J0 ^ 98 54 Sale 301,000 99 97 5 Sale 4 M axw ell M otors conv 7s______ 1931 105 34 Sale 4 105 47.000 1 02 3 Sale M etropolitan Edison 1 st 6 s B ..1952 F A 10234 Apr. 10254 10234 104 4 92 34 Apr. 45.000 91 3 92 1st & ref 5s Series C _________1953 J 9334 Sale 92 34 93 24.000 10054 1 0 1 10254 Sale 10254 10334 10234 Apr. M etropolitan Pow er 1st 6 s A ..1 95 3iJ D 21 BONDS—STOCK EXCHANGE RECOKD 2 86 3 4 22 132 3 4 2 10 2 I ll 64 24 56 6 102 34 0 92 | 22 100 20 105 3 4 3 10434 5 9634 21 104 Feb. Jan. Feb. Feb. Feb. A pr. A pr. M a r. J n. A pr. A pr. A pr. 13 25 11 22 25 11 16 27 18 11 2 10 9 9 29 14 6 2 21 27 24 2 BONDS—STOCK EXCHANGE KECORD BONDS N. Y . S T O C K E X C H A N G E . Price Jan. 2 1925. Sales in A p ril. c« ■•*0. Par Value. II $ Bid. 1 M et W est Side E lev (Chicago) 4s ’38 F A 12,000 70% M id-Continent Petrol 1st 6 3 s_ 1940 M S -4 576.000 M idvale St & Ord conv s f 5s__1936 M S 409.000 87% Milwaukee El R y & L t cons 5s_ 1926 F A 61,000 100% Refunding & ext 4 % s______ 1931 J J 30.000 95 General & refunding 5s A ___ 1951 J D 53.000 96 1st & ref 5s ser B ___________ 1961'J D 109.000 84% 1st & ref g 6s series C _______ 1953 M S 74.000 99 Milwaukee Gas Lt 1st 4s______ 1927 M N 45.000 97% Montana Power 1st & ref 5s A . 1943 J J 307.000 98 M ont Tram 1st & ref A 5s_____ 1941 J J 89.000 94% Morris & Co 1st s f 4 % s______ 1939 J J 81.000 78 % Mortgage-Bond Co 4s ser 2___1966 A O 76% 10-20-year 5s series 3 ______ 1932 J J 6,000 95% M urray Body lst-6% s_________ 1934I.T D 108,000 Mutual Fuel Gas 1st gu 5s____ 1947 M N 1,000 94 Mutual Union T e l 5 s _________1941 M N 2,000 95% Nassau Elec guar gold 4s_____ 195llJ J A 20,000 60 6 N a t Enam & Stp 1st 20-yr 5s__1929 J D 10,000 98 National Acme 1st 7% s________1931 J D 52,000 93% N a t Starch 20-year deb 5s____ 1930 J J 97% National Tube 1st 5s__________ 1952|M N 43.000 100% Newark Con Gas 5s___________ 1948 J D 7.000 98 " ew ~ ------------N England T & T 30-yr 5S..1952 J D 241.000 100 N Y Air Brake 1st conv 6s___ 1928 M N 28.000 104 N Y Dock 50-year gold 4 s ___ 1951 A 20,000 77% N Y Edison 1st & ref 6 % s____ 1941 O 230.000 113 % 1st lien A ref 5s B tem p______1944 O 1,158,000 N Y Gas El L t H t & Pow 5s___ 1948 D 121.000 102 Purchase money coll tr g 4s_1949 F A 374,000 86% N Y L E & W Coal & R R 5%s_1942 M N 5.000 101% N Y Munic R y 1st s f 5s_______1966 J J 80% N Y Queens E L & P 5s_______1930 P A 9.000 99% N ew Y ork Rys 1st & ref 4s____ 1942 J J 11,000 45 Trust Co certfs o f deposit_______ 383.000 44% 4% Adjustment income 5s, Jan 1942 A O 3.000 Trust Co certfs o f deposit_____ 4 295.000 N Y & Rich Gas 1st 6s A ______ 1952 M N 115.000 100 N Y State Rys 1st cons 4%s__1962 M N 173.000 67 R egistered _____________________ M N 1st con 6% s ser B ___________ 1962 M N 9,000 N ew Y ork Steam 1st 6s_______ 1947 M N 80,000 97% N Y T e l 1st & gen s f 4% s____ 1939 M N 342.000 96% 30-year debenture 6s________ 1949 F A 115.000 108 20-year refunding 6s gold___ 1941 A O 302.000 106% Niagara Palls Power 1st 5s____ 1932 J J 122.000 105 Refunding & gen 6s____ Jan 1932 A O 49.000 101% Niagara L ock & Ont Pow 1st 5s 1954 M N 23,000, 104% 1st & ref 5s ser A w i ________1955 A O 85,000! Refunding 6s series A _______1958 F A 60.000 104% N orth Am er Edison C o 6s A . .1952 M S 293.000 97% Sec s f g 6 %s series B ________1948 M S 240.000 101 225.000 92% N or Ohio Trac & L t gen & ref 6s 1947 M S 258.000 93% N orth States Power 5s A ______1941 165.000 104 1st & ref 6s series B _________ 1941 Registered___ _ 5.000 94% Northwest T eleg 1st 4% s______1934 110% Ohio Public Serv 1st & re f 7%s_1946 60,000 107% 1st & re f 7s series B _________1947 152.000 97% Ohio River Edison 1st 6s______1948 119.000 97% Old Ben Coal 1st g 6s_________1944 31.000 98% Ontario Power N P 1st 5s______1943 19.000 96% Ontario Transmission 1st 5s___ 1945 M N A 121.000 99 Otis Steel 1st 20-year 8s_______1941 A 202,000! 91% 1st 25-year s f 7 %s series B-.1947 244,000: 93% J Pacific G & E gen & ref 5s____ 1942 57.000 98% A Pacific Pow & L t 1st & r e f 5 s ..1930 208,000! 99% Pacific T e l & T e l 1st 5s_______ 1937 J J 692.000 93 30-year 5s series A __________ 1952 M N 669,000, 104% Pan-Am Pet & T 1st lien 7s___1930 F A ,135,000 103 C onv sinking fund 6s________ 1934 M N 14.000 96% Park-Lexington leasehold 6 %s_ 1953 I J 3.000 97 Paterson & Passaic G & E 5s. .1949 M S 102.000 107 People’s Gas & Coke 1st 6s___ 1943 A O 49.000 94% Refunding gold 5s____________1947 M S 164,000: 101% Phila Company 1st & ref 6s___1944 185.000 93% 15-year conv deb 5% s_______1938 243.000 100% Phila & Read C & I ref 5s_____ 1973 466.000 96% Pierce Arrow deb 8s___________ 1943 70.000 103% Pierce Oil Corp s f 8s__________ 1931 43.000 99% Pillsbury Flour M ills 20-yr 6s. 1943 22.000 97 Pleasant Valley Coal 1st 5s___1928 18,000 93% Pocahontas Con C oll 1st s f 5s. 1957 64.000 99% P o rt Arthur Canal & Dock 6 s .. 1953 43.000 Portland Eloc P o w 1st 6s ser B.1947 M N 43.000 98% Portland Gen Elec 1st 5s______1935 J J 12.000 92% Portland R y 1st & re f 5s______ 1930 M N 58.000 84% Portland R y, L & P conv 5s___1942 F A 115.000 94 1st lien & r e f 6s series B ____ 1947 M N 40.000 105% 1st & ref 7% s series A _______ 1946 M N 106 Porto Rico Am er Tobacco 8s. .1931 M N 100,000 94% Pressed Steel Car 10-year 5s___1933 J J 112 Prod & R e f 8s with w arrants..1931 15.000 110 W ithout warrants 108,000 104% Public Serv Corp N J gen 50-yr 5s’59 772.000 Secured gold 6s________________ 1944P 92.000 99 Public Serv E & G 1st 5 % s_______1959A 157.000 1st & ref 5 % s_______________ 1964 A 103.000 iOi/s Public Service Elec L t s f g 6s. . 1948 A 144.000 103 Punta Alegre Sugar 1st conv 7s. 1937 122.000 90% Remington Arms 1st s f 6s____ 1937 M N 80.000 94% Republic Iron & Steel s f 5s___1940 A O 143,000 92% R e f & gen 5% s A ____________1953 J J 95.000 Rim a Steel 1st 7s______________ 1955 F A 26.000 66 Robbins & M yers 1st s f 7s____ 1942 J D 18,000 Rochester Gas & El 7s ser B ..194 6 M S 27.000 Gen M tg e 544 s series C ______1948 M S 18.000 81% Rogers-Brown Iron 7s_________ 1942 M N 22,000 St Joseph R y , L H & P 1st 5 s .. 1937 M N St Joseph Stock Yards 1st 4 44s. 1930 J J S t L R k y M t & Pac 5s stamped. 1955 J J St Louis Tran gu imp 5s______ 1924 A O St Paul C ity R y Cable 5s_____ 1937 J J Saxon Pub W ks (Germ any) 7s. 1945 F A Saks & C o 7s. ................... ....... 1942 M S San Antonio Public Serv 6s___1952!J J Sharon Steel H oop 1st 8s_____ 1941 jM S Sheffield Farms 1st & re f 6 % s.l9 4 2 jA O Sierra & San Fran Power 1st 5s_ 1949'F A Sinclair Cons Oil 1st lien 7s___1937 M S 1st lien 6s C with warrants..1927 J D 1st lien coll 644s B __________ 1938 J D Sinclair Crude Oil Purch 5 44s..19251A O 6% notes series A ___________ 1928 F A 6 % notes series B ____ Feb 15 1926 F A Sinclair Pipe Line 20-year 5S..1942 A O Skelly Oil 6% notes___________ 1927 A O So Porto Rico Sugar s f 7 s 1941 J D South Bell T & T 1st s f 5s____ 1941 J J Southw Bell T elep 1st & r e f 5s. 1954 F A Southern Colorado Power 1st g 6s’47 J J Spring Valley Water g 5s_____ 1948 M N Stand Gas & El conv deb 6%s_1933 M S Standard M illin g 1st 5s________1930 M N Steel <c Tube gen s f 7s ser C ..1951 J J 5 Sugar Estates Oriente 7s_____ 1942 M S Superior Oil 1st s f 7s_________ 1929 FA15 Syracuse Lighting Co 1st g 5s. 1951 J D Tenn Coal. Iron & R R gen 5 s _ .1951 J J Tennessee Copper 1st conv 6s. 1925 M Ni 37,000 179.000 274.000 430.000 91.000 258.000 856.000 114.000 5.000 64.000 20.000 99,000 9.000 5.000 6.000 1,000 2,000 89 88% Sale 100% Sale 96% Sale 109% Sale 107% Sale 101% Sale 104% -------! 109% 98% 1 98% Sale 100% Sale I 103 92% 95% Sale 95% 105 103 Sale Sale Sale Sale Sale Sale Sale 110 99% 99% Sale Sale Sale Sale 104% 88 100% 97% 109% 107% 101 105% 109% 98% 98% 101 104 95% 96% 104% 95 110% 110% 108 109 97% 101 Sale 98 Sale i 99% 1 98% Sale 96% Sale 90% Sale I 95 Sale 98% Sale | 100% Sale ! 95% Sale ' 105% Sale 112% Sale | 96% 99 108 108% 95% 95% Sale | 104% Sale 95% Sale 100% Sale 93 Sale 103% Sale 101 % 98 97% 94 92% 100 100% S a fe ' Sale Sale Sale 99% Sale Sale 90% Sale Sale Sale Sale 105% Sale Sale Sale 110 96 Sale Sale Sale Sale Sale Sale 99 93% Sale - Sale 93% Sale 94 % ! Sale , 95% 86% 97 105% 102% Sale 95% 112 114 111 110% 104%; 104% 95% Sale ! 99% 95% Sale Sale 106 104 Sale 115 111 Sale Sale 100% 104% 104% 88% 94% 90% 88% 66 10 103% 1----- Sale 105% 89 Sale 91 90 Sale 110 % 104 72% 83 Prices. A pr. 13 A pr. 3 A pr. A pr. A pr. A pr. A pr. A pr. A pr. A pr. A pr. A pr. Sale 71 96% 90% 100% 95% 97% 88% 101 99% 100 96% 83 Sale Prices. A pr. 13 70% A pr. 25 95% A p r. 22 87% A pr. 11 100 A p r. 16 95 A pr. 30 94 A pr. 30 84% A pr. 23 98% A pr. 13 96% A pr. 25 97% A p r. 9 94 A pr. 1 78% 77 95% A pr. 97 A pr. A pr. 22 95% A pr. 20 99 A pr. 6 57% A pr. 28 97% A pr. 9 80 98 A pr. 27 100% A pr. 21 98% A pr. 7 99% A pr. 6 104 A pr. 17 77% A pr. 13 112 A pr. 2 99% A pr. 18 100% A pr. 29 86 A pr. 22 100% 96 97% 95% 99 57% 99% 80 A pr. A pr. A pr. A pr. A pr. A pr. A pr. 3 29 22 20 28 28 27 101 99 99% 104 79% 112% 99% 102% 87% 100% Apr. A pr. A pr. Apr. A pr. A pr. A pr. A pr. A pr. A pr. 1 102% 15 100 1 100% 6 104 17 81 1 114% 13 100% 6 102% 4 88% 22 100% 100% 48 48% 4% 4 99% 64 A pr. 15 100% A pr. 1 54 A pr. 3 50 5 A pr. 29 4% A pr. 8 A pr. 7 99% A pr. 1 65% A pr. A pr. A pr. A pr. A pr. A pr. A pr. 90 100% Sale Sale Sale 101% Sale 110 98% 98% Sale Sale Sale Sale Sale 88% 100% 96% 109% 106% 100% 104% 109% 98% 109% 100% 103 95% 95 103 A pr. 24 90 A pr. 1 101 % A pr. 6 97% A pr. 1 109% 108 A pr. A pr. 15 101% A pr. 13 105% | A pr. 6 1 0 A pr. 4i 98% A pr. 2 109% A pr. 11101% A pr. 1 104% 96% A pr. A pr. 97 104% A pr. A pr. A pr. A pr. A pr. A pr. A pr. A pr. Apr. A pr. A pr. A pr. Apr. A pr. A pr. A p r. 9 5 % ------110% 111% 108% Sale 102 Sale 97 Sale 99% 100 9 9 % ------97% Sale 92% 93 96% Sale 99 99% 100% Sale 96% Sale 105% Sale 109 Sale 95 95% 99% Sale 108% 109 96% Sale 104% Sale 97 Sale 100% Sale 96% Sale 105% Sale 101 102 97% Sale _____ 92% 100% 101 97% Sale 9 9 % ----94% 96 88% 90 96% Sale 106 Sale _____ 102% 95% Sale 112 114 110 111 104% 105 97% Sale 102% Sale 100% Sale 104% Sale 104% Sale 87 Sale 94% 95% 91% 91% Sale 89 66 65 110% 110 104% 104% 68 95 110% 107% 101 96% 98% 99% 96% 90 94% 98% 99% 95% 105 107% 95 99 108% 95% 104% 95% 100 93 103% 100% 97% 92% 100% 96% 98% 94% 86% 96% 105% A pr. A pr. A pr. A pr. A pr. A pr. A pr. A pr. A pr. A pr. A pr. A pr. A pr. A pr. A pr. A pr. ApY. A pr. A pr. A pr. A pr. A pr. Apr. A pr. A pr. Apr. A pr. A pr. Apr. A pr. A pr. A pr. A pr. A pr. A pr. A pr. A pr. Apr. Apr. Apr. Apr. Apr. A pr. Apr. A pr. A pr. A pr. A pr. A pr. A pr. A pr. A pr. A pr. A pr. A pr. A pr. Apr. A pr. A pr. A pr. A pr. A pr. Apr. A pr. A pr. Apr. A pr. A pr. 95 A pr. 6 96 Apr. 110 104% 95% 99% 99% 104% 104% 86% 94% 90% 89 65 110 104 65 A pr. A pr. A pr. A pr. A pr. Apr. A pr. A pr. A pr. A pr. A pr. A pr. A pr. A pr. A pr. 25 110% 11105 1 98 2 102% 22 101 11 105% 22 105% 18 89 2 95% 2 92 2 89% 8 66% 3 110% 4 104% 23 70 A pr. Apr. Apr. A pr. A pr. A pr. A pr. A pr. A pr. A pr. Apr. A pr. A pr. Apr. A pr. 91 Sale 9 5 % ----80% Sale 7 0 % ----95 96 92 Sale 106% Sale 101% Sale 107% 107% 106 107 92 Sale 91% Sale 106 Sale 86 Sale ------ . 96% 98% 95% 99 60 99% 85% j 15 95 1 111% 22 109 1 102% 3 98 1 100 14 99% 1 99% 4 93 2 97% X 99% 9 100% 1 97 29 105% 13 113% 3 96% 1 99% 2,3 108% 6 96% 3 104% 14 97 1 100% 1 98% 1 105% 14 102 16 97% 16 93% 1 101% 6 97% 7 99% 18 96% 1 88% 8 97% 7 106 95 92 105% 101 % 106% 106 91 91% 104% 85% Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 14 96% 1 92% 1 106% 1 101% 22 107 1107 2, 91% 22! 93% 22 109% 29 88% A pr. A pr. A pr. A pr. A pr. A pr. A pr. A pr. A pr. A pr. Highest. Sale Prices. Jan. 16 80 A pr. 3 97% Jan. 2 91% Jan. 8 101% Jan. 2 95% M a r. 11 98% Jan. 2 89% A p r. 1 100% Jan. 16 99% A pr. 1 100 Jan. 3 96% Jan. 2 84% M ar. 26 77% Jan. 8 96% Jan. 22 98% Jan. 22 96% Feb. 11 99 A p r. 28 63 Feb. 25 99% A pr. 27 94 Jan. 19 99% Jan. 2 102% M ar. 20 lOO M ar. 24:100% Jan. 2 104% Jan. 7 81 1 M ar. 19U15 A p r. 13 100% Jan. 8 102% Jan. 5 88% A p r. 22 100% Prices. M a r. 5M a r. 13 Feb. 13 Feb. 28 Feb. 25 Jan. 23 Feb. 26 Feb. 26 Feb. 27 A p r. 15 M a r. 3 Feb. 21 M a r. 24 Feb. 19 Feb. 19 Feb.’ 16 Feb. 11 Jan. 8 A p r. 28 Jan. 8 Feb. 3 A p r. 27 A p r. 21 Jan. 5 M a r. 13 A p r. 17 Feb. 16 A pr. 2 A p r. 18 A p r. 29 A p r. 22 22 24 24 8 30 11 17 99% Feb. 26 100% A p r. 22 48 A p r . 1 54% Feb. 14 42% Jan. 6 54 Feb. 11 4% Jan. 2 6 Feb . 11 3% Jan. 10 5% Feb. 13 99% Jan. 9 100 Jan. 2 64 M a r. 24 68% Jan. 6 63 M ar. 25 63 M a r. 25 Feb. 10 90% Jan. 8 15 88 4 97% Jan. 6 101% A p r. 4 28 95 Feb. 10 97% A p r. 28 21 107% Jan. 5 110 M a r. 2 A pr. 29 29 106% Jan. 24 108 1 100% Feb. 4 102% Jan. 10 30 103% Jan. 21 105% A p r. 30 104% Jan. 7 110 M a r. 27 98% Apr. 6 98% A pr. 2 104% Jan. 110 M a r. 5 101% M ar. 13 22 96% Jan. 104% Feb. 11 11 100% Jan. 17 92% Jan. 96% Feb. 28 Jan. 97 A pr. 24 24 93 24 103 A pr. 107% M a r. 23 93% Jan. 22 93 % Jan. 95 Jan. 16 15 94% Jan. Jan. 8 108 112% M a r. 2 110% Jan. 9 1 107% Jan. 3 98% Jan. 103 Feb. 20 99 Feb. 29 1 96% A pr. Feb. 22 98 100 A p r. 22 Jan. 99% Feb. 5 14 97 9 95% M ar. 23 109% Feb. 11 22 89% M ar. 25 95% Feb. 13 27 93% Jan. 7 97% A p r. 22 Jan. 21 98 99% A p r. 21 100% A pr. 29 29 99% Jan. 9 92% Jan. 97 A pr. 9 3 104% Jan. 106% M a r. 24 118% M a r. 3 1 ] 0 3 . Jan. 97 M a r. 7 A pr. 1 95 Feb. 99% A p r. 17 17 95 2 107 108% A p r. 2 Jan. 16 94 % Jan. 97 Feb. 18 8 101% Jan. 105 F eb . 16 24 93% Jan. 97 M a r. 7 101 % Jan. 6 9; 99% Feb. M ar. 23 98% A pr. 21 21 90 20 102% Jan. 9 105% A p r. 20 Jan. 12 25 99% Jan. 2 102 Jan. 15 98% M a r. 7 7 97 1 8 92% A pr. 16 94 Jan. 9 17i 99% Jan. 5 101% A pr. 17 97% A pr. 22 22 96% Apr. 22 98% Jan. 99% A p r. 22 96% A pr. 17 17, 92% Jan. 29 84% Jan. 90% M a r. 3 Jan. 23 94 99% Feb. 16 107 M a r. 9 9 105% Jan. Feb. 9 103% M ar. 24 106 M a r. 2 i! 93% Jan. 9j 97 _ J 104 Jan. 12!115% Jan. 15 8 110 Jan. 5 111 Feb. 11 21! 104% M ar. 11 105 A p r. 21 23 95 Jan. 12 98 Feb. 10 30 98% Jan. 2 102% A p r. 20 Apr. 24 24 99% A pr. 22 101 24 102% Jan. 7 106% M a r. 26 15 102% Jan. 6 107% Feb. 26 Jan. 28 3 86% A pr. 18 92 7 93 % Jan. 5 95% Jan. 23 15 90% A pr. 2 94 Feb. 25 M a r. 11 15 88% M a r. 2 90 21 65 A pr. 8 73% Jan. 29 11 110 M a r. 27 110% A p r. 11 13 103% M a r. 12 104% A pr. 13 9 65 A pr. 23 83% Jan. 19 89% Apr. 2 91 d p r. 17 95% A pr. 3 95% A pr. 3 80% A pr. 23 81% A pr. 17 99% Apr. 1 100% A pr. Sale 99% A pr. 2 100% A pr. Sale 84% Apr. 1 85% Apr. Sale Sale 107% Apr. 17 I l l A pr. 104% 103% Apr. 1 105% A pr. 99% A pr. 1 101% A pr. Sale Sale 98% Apr. 2 100% A pr. 95 A pr. Sale 1 95% A pr. 97% Apr. 17 97% A pr. 975 Sale 112% A pr. 1 117% A pr. 99% Apr. 6 100 A pr. 100 Apr. 107% Apr. 1 108 Sale 96 Apr. 23| 96% Apr. 96 Sale 97 Apr. 30! 97 Apr. 97 99% Apr. 25! 99% Apr. 99% Sale 102% A pr. 3 102% A pr. 102 Sale 100 Apr. 21100 A pr. 101 100% 100% 84% 108 104 100% 99% 96 97% 114 99% Lowest. Highest. Lowest. Sale 71 95% 90% 100% 95 96% 86 98% 99 97% 95% 82% 86% "89% 90% 98 9 4 % ------79% 80% 81% Sale 5 6 % ------94% 96 96% 92 Sale Sale 05% Sale 107 99% Sale 101% Sale Sale 106% 107 106 1 06 Sale Sale 105 Sale 191 91% 90 Sale 91% Sale 88 06% Sale Sale 187% Sale 83 99 Vs Sale 99% Sale 00 Sale 99% Sale 184 Safe Sale 82 08% Sale 108% Sale 102% 103% Sale 102 199% Sale 96% Sale 98% Sale 96% Sale 95 Sale Sale 94 96% 97% 97 97% 112% Sale 106% Sale 100 100% 9 9 % ____ 105% 107% Sale 105 96% 965 96% Sale 97 99% 99% 98 99% 99% I 96% 98 101% 102% 102% 101 103% 100 I1 0 1 85 95 78 74 95 A p r il 30. lid. Ask 71 75 96 Sale 90% Sale 100% 100% 95% Sale 97% Sale 88% Sale 100% Sale 98% Sale 99% Sale 96% Sale 83 Sale 7 7 % ------96 Sale 97% 97% 95% 96% 99% 101 60% Sale 9 9 % ------80 81% 9 8 % ------102 Sale 99% 100 100 Sale 104 104% 80 81 114 Sale 100% Sale 102% Sale 88 Sale 100% _____ 8 0 % ------100% 100% 49% 58% 49% Sale 4% 4% 4% Sale 99% Sale 65% Safe 70 R A N G E S IN C E J A N . 1. P R IC E S I N A P R IL . A p r il 1. Ask. Bid. Ask. 74 ]4 75% 96 Sale Sale 90% Sale 100% 100% 100% Sale 95% Sale Sale 96 % Sale Sale 86 Sale Sale 98% Sale 98% 99 Sale Sale 97% Sale Sale 95% Sale Sale 83 Sale 77 _____ 97% 97 % 96 Sale 98 97 96% 96% 99 Sale 60 59 99 98 Sale 84% Sale 9 8 % ------101 101 Sale 100 98% 99 Sale 100 Sale 104% 104 104% 78% 78% 80 Sale 112% Sale 100 Sale Sale 102% Sale Sale 87% 87% 96 ........ 8 0 % ------100% Sale Sale 48 Sale 49% 48 Sale 5% 4 4% 4% 3% Sale 99% 99% Sale Sale 64 Sale Sale Sale Sale [V ol. 120. 85% Jan. 91 % M a r. 21 95% A p r. 95% A pr. 3 77 % Jan. 81% Feb. 7 74 Jan. 81% Feb. 3 Jan. 6 95 96% A pr. 6 M ar. 92% M ar. 2 17 92 Feb. 71 30 104 107% Jan. 28 29 99% Jan. 6; 101% A pr. 29 2 105% Jan. 31107% Feb. 26 A pr. 14 Jan. 2 107 14 105 Jan. 2 92% Feb. 18 7 90 Jan, 15 88 2 95% Feb. 2 | 7 104% A pr. 22 120 Feb. 3 82% Jan. 5| 90% Feb. 99% Jan. 6:100% Jan. 18 99% Jan. 19 101 Reb. 15 99% Jan. 311101% Jan. 8 82 Jan. 2 86% Feb. | 7 106% Jan. 5,120% Feb. 11 102 Jan. 7 105% A pr. 22 99 Jan. 8:101% A pr. 24 96% Jan. 2 100% A pr. 24 8 93% Jan. 7 97% Feb. 2 22 94% Feb. 2 97% A p r. 22 15! 106% Jan. 21 124% M a r. 3 8 99% Jan. 13 100% Jan. 3 16 105 Jan. 6 108 A pr. 16 16 95% M ar. 271 97% Jan. 15 A p r. 33 99 Feb. 16 30 97 14 97% Jan. 22 99% A p r. 14 3 100% Feb. 24 102% Jan. 12 Jan. 20* 21 100% F eb . 6102 may , 1925.] BONDS AND STOCKS-STOCK EXCHANGE KECORD Sales in A p ril. Par Value. BONDS N. Y . STO C K EXCH ANG E. Term Elec Power 1st & r e f 6 s ..1947 J Third A v e 1st ref 4s___________ 1960 J Adjustment income 5s_______1960 A Third A v e R R 1st gold 5s_____ 1937 J T id e W ater Oil 10-yr g 6% s___1931 F Toledo Edison 1st g 7s________1941 M Toledo Trac L & P 6% notes..1925 F Trenton Gas & Elec 1st 5s____ 1949 M Twenty-third St R y imp & ref 5s '62 J Undergr’d o f London 4 H s _____ 1933 J Income 6s____________________ 1948 J Union Bag & Pap 1st 6s______ 1942 M Union El L & P 1st g 5 s ............1932 M Refunding 5s________________ 1933 M 1st gold 5%s series A ________ 1954 J Union Elev R y Chic 1st 5s____ 1945 A Union Oil Cal 1st 1 5s__________ 1931 J 3 0 -y r6 sS e rA __________ M a y 1942 F Union Tank Car equip 7s______1930 F United Drug g 6s______________ 1944 A United Fuel Gas 1st s f 6s_____ 1936 J Un Rys In v 5s Pitts iss________ 1926 M Stamped_________________________ United Rys St L 1st g 4s_____ 1934 J United Steamship 15-yr 6s____ 1937 M United Stores R ealty 6s________ 1942 A U S Rubber 1st & re f 5s Ser A .1 9 4 " J 10-year 7 % s ._ ....................1930 F U S Smelt R e f & M conv 6s___1926 F U S Steel Corp s f g 5s___Apr 1963 M Utah Light & Trac 1st & ref 5s. 1944 Utah Power & L t 1st 5s_______ 1944 U tica Elec L & P 1st s f 5s g.._195 0 Utica G & El ref & ext 5s_____ 1957 Victor Fuel 1st s f 5s__________ 1953 Va-Car Chem 1st 7s____________1947 Certificates o f deposit___________ Certfs o f dep stamped___________ 7% s with & without war’ts _ 1937 C tfs o f dep without warrants.. C tfs o f dep with warrants_____ Va Iron, Coal & Coke 1st g 5s. 1949 Virginia R y & Pow 1st 5s_____ 1934 Vertientes Sugar 1st s f 7s____1942 Warner Sugar R ef 1st 7s_______1941 Warner Sugar Corp 1st 7s......... 1939 Wash W at Pow 1st 30-yr 5s___1939 Westchester Light gold 5s______1 9 5 0 West K y Coal 1st 7s__________ 1944 West Penn Pow 1st 5s Ser A ___194 1st 40-year 6s Ser C _________ 1958 1st 30-year 7s Ser D ________ 194* 1st 5s Series E _______________ 1963 1st g 5% s Ser F ______________ 1953 W est Va Coal & Coke 1st 6s. .1950 Western Electric deb 5s________ 1944 W est Un Coll tr cur 5s_________ 1938 Fund & real est 4% s g ______ 1950 15-year 6 % s g . ___________ 193 Westinghouse E & M 7s_______1931 Wickwire-Spencer St 7s________ 193 " Certificates o f deposit__________ Willys-Overland 1st s f g _______ 1933 Wilson & Co 1st s f 6s_________ 1941 R egistered___________________ 10-year conv s f 6s__________ 1923 Certificates o f deposit_______ 10-year conv s f 7% s________ 1931 Certificates o f deposit_________ Winchester Rep Arms 7% s____ 1941 Youngs’n Sheet & Tube 6s____ 1943 D J O J A S A S J J J N S N J O J A A O J N J N O J A A N A O F A J J J J J J J D J J J S J D D J J M M I ? M A T D N D A S O J A O I J MN '* A M N J J VI S A O A O r D F 'A A O J J Price Jan. 2 1925. Bid. 100% 52% 38% 93% 103% 109% 100% 98% 59 1,000 90% 1,000 87% 45.000 93% 38.000 100% 115.000 99% 191.000 100% 10.000 . . . . 75% 75% 18,000 99% . . ‘100% 27.000 102% 102% 104% 10.000 103% Sale 104% 214.000 100% Sale 102% 100 127.000 98 Sale 61,000 100 100% 99% 99% 28,000 100 Sale 69% 22,000 74% Sale 94% 112.000 91% Sale 104% 95.000 103 Sale 85% 412.000 85% Sale 168.000 104% Sale ,104% 101 43.000 101 % Sale 2,052,000 104% Sale 105% 4,000 142.000 83% Sale 84% 93% 368.000 91 Sale 99% 9 9 % _____ 60,000 9 8 % -----99 1,000 50 55% 53 85% 2,614,000 74 Sale 84 149.000 _____ 71 120.000 44% Sale 80% 532.000 43% 45 46% 185.000 46% 45 _____ 43 49',666 91% 93 95 88,000 94 % Sale 94% 93.000 91% 92% 92% 92% 145.000 89% 91 89.000 89% Sale 78 1 0 0 % _____ 100% 99% 21,000 100 ' _____ 102% 82,000 78.000 96% Sale j 96% 127.000 104% Sale ' 106 107% 37.000 106 Sale 79.000 93% Sale 96% 102% 151.000 100% Sale 95% 260.000 99% 533.000 98% Sale 72.000 99% 100% 100% 70.000 99% 100% 93 110% 140.000 110% Sale 107% 143.000 107% Sale 85 50.000 77 Sale 48.000 75% 76% 84 440.000 100 Sale 100 95% 595.000 91 % Sale 73% 74 728.000 55% Sale 72% 311.000 56% Sale 74% 643.000 54% Sale 71% 50,000 54 Sale 103.000 101 % Sale 101% 402.000 95% Sale 98 S 355.000 107.000 531.000 90.000 113.000 128.000 75.000 4.000 R A N G E S IN C E J A N . 1, P R IC E S I N A P R IL . A p r il 1. Bid. Ask. 99 % Sale 55 Sale 48 % Sale 95 Sale 102% Sale 108% Sale 100% 100% 97% . . . 67 % Sale 8 8 % ------85 _____ 95% 96 100% Sale 98% Sale A p r il 30. Ask. Sale 52% Sale 95 Sale Sale 100% Bid. 101 53 38 93% 103% 109% 100% 98% 61% 59% 90% 92 89 95% 95% Sale 100% 99% 99% Sale 101% 77% 100% 103% 105 104% Sale 102% 100% 99% Sale 99 3 % 100 99% Sale 69% Sale 93 104% 103 Sale 86% Sale 105% Sale 101 % Sale 105% Sale Sale Sale 80 Sale 85 81% Sale 47 47 Sale 95% Sale Sale Sale 100% Sale Sale 107% Sale Sale Sale Sale 94% Sale Sale Sale 84% Sale Sale 74 Sale 74 Sale 102 Sale Ask. Sale Sale Sale 95% Sale Sale Sale Prices. A pr. 2 A pr. 13 A pr. 14 Apr. 20 Apr. 16 Apr. 17 Apr. 11 A m . 27 Sale 101% 54 39% 93% 103% 109% 100% 9814 25 24 25 25 23 1 76% 75 76% 74% 102 98% 61 Sale 90% A pr. 30 90% Sale A pr. 30 89 89 Sale 94% A pr. 15 97 100% 100% A pr. 4 100% 100 99% A pr. 2 99% Sale 100% A pr. I 102% 17 76 V. 77% 76% 27 100% 100 Sale 103% A pr. 17 104% Sale 104% A pr. 9 105 A pr. 3 103 Sale 102 Sale 99% A pr. 30 101 100 99% A pr. 2 100 99% 99% A pr. 2 99% 1 70% Sale 69% A pr. Sale 92% A pr. 18 94% A pr. 29 105 103% 103 Sale 85% A pr. 1 86% Sale 104% A pr. 3 106 101% 100% A pr. 2 101 % A pr. 1 105% Sale 105 24 104% 104% 86% Sale 83% A pr. 3 87 94% Sale 92% A pr. 8 95 99% A pr. 1 99% 99% 100 99 55% 60 55% A pr. 22 55^i Sale 92 85% A pr. 1 93 A pr. 2 92 89% 92 84 84% 87% 81% A pr. 3 88% 62 Sale 46% A pr. 1 62 A pr. 9 58 58 Sale 47 58 59% 90 91% 90% A pr. 22 91 A pr. 2 97% 97% Sale 95 92% 94 92% A pr. 1 93% Sale 91 % A pr. 9 94% 94 A pr. 1 81% Sale 89 78 100% 100% 99% 7 100% 102% 102% 21 102% 97% 98% 96% A pr. 1 98% 107% Sale 105% A pr. 4 107% 106% Sale 106% A pr. 27 107% 97% Sale 96% A pr. 3 98% 103% 102% A pr. 1 103% A pr. 24 95% 91 91% Sale Sale 100 99% Apr. 1 100% 101% Sale 100% A pr. 1 102 Sale 95 94% A pr. 27 96 Sale 110 A pr. I 111% 111 107% Sale 107% Apr. 1 108 82% Sale 82% A pr. 21 86 A pr. 20 84% 79% Sale 79 100% 100% 99% A pr. 21 100% A pr. 1 98% 97% Sale 95 72% 73 72 72% 101% 98% Sale Sale Sale Sale Sale Sale 68% 69 68 68% 101% 98 A pr. A pr. A pr. A pr. A pr. A pr. Lowest. Highest. Lowest. Sale 100 51 34% 93% 103 109 100% 98% 23 Highest. Sale Prices. Sale Prices. Prices. M a r. 2 A pr. 9 99% Jan. 2'102 Apr. 13, 58% Feb. 9 A pr. 4 51 A pr. 20 34% A pr. 14 50% Feb. 9 Feb. 11 Apr. 7 93% Apr. 20 96 A pr. 2 102% Jan. 2 104% Jan. 12 Feb. 27 Apr. 1 108% Jan. 2 110 A pr. 3 100% Jan. 10 100% Jan. 23 Anr. 27 98 Feb. 1/ 98% A pr. 27 Jan. 13 65% Feb. 9 70 A pr. 30 89 Jan. 6 90% A pr. 30 A pr. 30 A pr. 31) 86% Feb. 3 89 Jan. 29 A pr. 24 94% Jan. 23 97 A pr. 17 99% Jan. 3 101% M ar. 4 A pr. 24 98% Jan. 5 99% A pr. 24 A pr. 11 100 M ar. 14 102% Apr. 11 Feb. 10 76% Feb. 26 17 75 14 99% Feb. 3 100% A pr. 14 A pr. 2 102% Jan. 8 104% M a r. 25 A pr. 9 103% Jan. 2 105% Feb. 18 Feb. 10 Apr. 6 100% Jan. 5 104 A pr. 14 98 A pr. 14 Jan. 2 101 M a r. 24 101 % Feb. 27 Apr. 29 99 A pr. 7 69H A pr. 1 100% Feb. 3 M ar. 14 74% Jan. 2 A pr 23 70 Jan. 5 95% Jan. 16 A pr. 1 91 A pr. 2 Apr. 2 102% Feb. 6 105 A pr. 29 85 Jan. 2 87% Feb. 18 A pr. 14 104% A pr. 3 107% Jan. 29 A pr. 21 !00% Feb. 6 102 Jan. 13 Feb. 3 A pr. 24 104% Jan. 13 106 12 105% Feb. 24 24 Feb. 11 A pr. 20 83% Jan. 7 88 Jan. 2 95% M a r. 5 A pr. 25 91 98% Feb. 6 98% Feb. 6 A pr. 27 98% Jan. 5 99% A pr. 27 Jan. 5 55% A pr. 22 A pr. 22 53 A pr. 28 Jan. 7 93 A pr. 28 73 A pr. 24 A pr. 24 71% Jan. 6 92 A pr. 25 68 Jan. 8 88% A pr. 25 A pr. 30 A pr. 30 43 M a r. 31 62 A pr. 30 A pr. 30 42% M ar. 4 58 41 Jan. 13 46% Jan. 23 M ar. 2 A pr. 22 90% A pr. 22 93 A pr. 29 93% Jan. 9 97% Apr. 29 A pr. 6 91% Jan. 3 94% M ar. 3 A pr. 28 89% Jan. 2 99% Feb. 6 A pr. 27 77% Jan. 6 87% Feb. 9 99 47 Feb. 13 100% Jan. 8 M ar. 27 102 Jan. 6 24 98 16 99% Feb. 26 102% Apr. 16 A pr. 23 95 Jan. 9 97% M ar. 18 A pr. 20 104% Jan. 13 107% Apr. 20 A pr. 6 105% Jan. 3 107% M ar. 10 A pr. 22 93% Jan. 5 98% A pr. 22 A pr. 27 100% Jan. 2 103% Apr. 22 M ar. 13 Apr. 24 96 A pr. 2 91 A pr. 17 98 M ar. 9 100% Apr. 17 Feb. 19 A pr. 22 99% Jan 29 102 A pr. 11 A pr. 11 92% Jan 13 96 A pr. 6 109% M ar. 21 111% Apr. 6 A pr. 4 107% Feb. 11 108% Jan. 21 Jan. 20 A pr. 6 76 Jan. 7 91 M a r. 22 A pr. 7 76% Jan. 5 88 Apr. 7 99% Jan. 2 100% A pr. 7 A pr. 14 91 % Jan. 2 98% Apr. 14 Feb. 4 93 Feb. 4 93 A pr. 2 55 Jan. 6 76% A pr. 2 A pr. 7 A pr. 7 53 Jan. 2 75 A pr. 2 53% Jan. 9 76% A pr. 2 Apr. 8 59% Jan. 19 74% A pr. 8 Apr. 10 101% Apr. 23 102% M ar. 10 A pr. 9 95% Jan. 2 99% Feb. 6 a On the basis o f $5 to the £ sterling. b On the basis o f four marks to one 4 >llar. c First installment naid < Full paid. 1 t Bonds "when issued.” z Flat price. Cash sales as follows: l Cash sale A pril 8. 58 % ; m M ar. 20, 101% rJ a n .2 7 s Optional sale, e Fart paid. 96%. STOCKS—PRICES AND SALES FOR APRIL AND THE YEAR TO DATE. In accordance with a rule o f the Stock Exchange, effective Oct. 13 1915, all stocks are now quoted dollars per share. Prices are on basis o f 100-share lots. Exceptions o f stocks which sell only in a small way are noted by the letter a. Option sales are disregarded. STOCKS S A LE S TO M A Y 1. N. Y. S TO C K EXCH ANG E In A p ril. Par .100 Ann A rb or_____________ 100 Preferred_______ 100 Atchison T op & S F e___ .100 Preferred____ ____ 100 Atlanta Birm & A t l ___ 100 Atlan Coast Line R R ___ .100 Baltimore & O h i o _____ 100 100 Preferred. . _ ___ Bangor & Aroostook___ 50 Preferred _ _ .100 Bkln-Manhat tr ctfs_ .n o par Trust ctfs p r e f ____no par Buffalo Koch & P itts___ .100 Preferred____________ 100 100 100 Canadian Pacific______ 100 Canada Southern______ ICO Caro Clinchfield & Ohio .100 Central R R o f N J _____ 100 Chesapeake & Ohio____ 100 Preferred____________ 100 Chicago & A l t o n ______ iik ) Preferred_ _ _____ 100 .100 Chic & East 1 1 R R (new)100 1 Preferred (n ew )_____ 100 Chicago Great W estern. .100 Preferred___ ____ 100 Chic M ilw & St Pau l___ .100 _____ 100 Preferred Chicago & N orth W est. .100 Preferred. . . ______ 100 Chic Rock Isl & P a c ___ 100 7% preferred_________ 100 6 % preferred _ . 100 Chic St P M inn & Om__ .100 Preferred____ __ _ 100 C C C & St Louis. _____ 100 Cleveland & Pittsburgh. ..5 0 Special odd l o t . ____ ..5 0 Colorado & Southern___ .100 1st preferred_________ 100 2d preferred_________ 100 Cuba R R p r e f.. _ . . . 100 Delaware & Hudson____ 100 Dei Lack & Western . 50 Denver Rio Gr & W pref .150 D etroit & M ackinac____ .100 P referred .. . . . ___ 100 Shares. 2,700 9,500 59,700 9,040 26,600 14,000 97,100 2,900 15,100 200 69,100 .3,100 1,417 660 400 44,300 27 500 2,417 12,400 2,600 48,200 91,500 5,300 3,700 29,700 50,500 96,600 136,400 169,300 6,600 147,600 2,600 4,300 900 900 145 10 10 19,800 1,000 1,300 41,400 6,600 4,100 Since Jan. 1 Shares. 7,300 18,500 569,900 31,540 242,500 92,200 689,780 27,700 39,200 600 411,600 21,400 2,708 810 2,700 100 178,538 204 500 17,017 328,900 8,500 128,600 315,207 700 37,200 49,600 284,300 411,800 748,200 1,330,420 395,500 15,100 999,200 23,400 35,300 7,800 9,600 2,845 86 10 75,400 2,051 3,500 300 111,200 71,400 83,800 100 200 Price about Jan. 2 1925. Bid. 198 22% 43 119 93% 4 149% 79% 65 39% 88 37% 72% 64 87% ____ R A N G E S IN C E J A N . 1. P R IC E S I N A P R IL . A p r il 1. Ask. - ___ Sale Sale Sale Sale Sale Sale Sale Sale Sale 95% Sale Sale 70 92 88 A p r il 30. 150 56 Bid. 200 22 40% 118% 95 5% 151% 74% 63% 36% 90 38% 75 48 89% 87 50% Sale 141% ------- 57% Ask. Bid. 202 24 22 44 48% Sale 119% Sale 94% Sale 4% Sale 157 Sale 74% Sale 63% 36% 40 93 90 Sale 41 77 77% 51% 85 Sale 92 90 54 50 Sale 143% Sale 57% 293 95% 107% 8% 15% Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale 35% 56% 9 27 15% 27 71 111% 44% 93 83 53 91% 141 69% Sale 30% Sale Sale 42% Sale Sale 10 Sale Sale 21% Sale Sale 6 Sale Sale 9% Sale Sale Sale 55 Sale 110% Sale Sale 42% Sale Sale 93% 94 Sale 83% 85 Sale 43 39 94 863^ Sale 148 145 165 70% 69% 45 61 56 89 137% 144 42% 51 71 Sale Sale 57 Sale Sale Sale Sale _____ 90 267 91% 106% 6% 12 56 60 55 85 135% 130% 39 40 60 Sale 63 57 87 Sale Sale Sale 280 91% 106% 4% 8% 2 31% 44% 9% 21 % 4% 8% 49 104% 43% 95 86 33 • 71 • 148 70 63 60% 58% 149% 130 37 40 60 Ask. Lowest. Highest. Lowest. Highest. Sale Prices. Sale Prices. Sale Prices. Sale Prices. 22% 22% Apr. 6 25 Apr. 13 22 Feb. 17 27% Apr. 7 55% Apr. 15 40 M ar. 24 55 50% 44 A pr. 15 116% Jan. 16 127% Sale 117% Apr. 4 122 Apr. 20 92% Feb. 17 96 Sale 94% Apr. 7 96 7% 4 Apr. 24 3 Jan. 14 Sale 6% Apr. 7 Sale 149% Apr. 4 157% A pr. 17 147% Jan. 16 166 73 Apr. 2 77 Apr. 16 71 M ar. 30 84% Sale Sale 62% A pr. 21 64% Apr. 4 62% Apr. 3 66 H 36% Apr. 3 41% Apr. 23 35% M ar. 23 42% 41 93% 91 Apr. 28 91 Apr. 28 90 Feb. 19 94% Sale 37% Apr. 3 42% Apr. 29 35% Jan. 5 45 Sale 75% Apr. 4 77% Apr. 24 72% Jan. 2 81% Sale 48 A p r . 2 85 Apr. 30 48 A pr. 2 85 86 A p r . 9 93 Apr. 30 86 A pr. 9 93 Sale 87% 85 105 A pr. 18 R7 3X Anr 11 52 52% Feb. 16 52% Sale 139 Apr. 2 144% Apr. 17 136% M a r. 30 152% Jan. 10 58 Sale 57% A pr. 1 57% Apr. 1 56 75% A pr. 14 77 U Anr. 6 75% A pr. 14 77% Sale 265 Apr. 6 265 Apr. 3 290 M a r. 30 321 90% Apr. 13 93 Sale Apr. 16 89% M a r. 30 98% 107% 105% Apr. 14 106% Apr. 1 105% A pr. 14 109 3% A pr. 24 3% A pr. 24 10% Sale Apr. 14 9 Sale 5% A pr. 23 19% 5% A pr. 23 15 Apr. 16 9 10 32% 30 A pr. 4 32% Apr. 15 29% M a r. 30 36% M ar. 30 57% 45% 42% Apr. 1 45% Apr. 17 40 9 J a n .' 2 15 Sale 9% A pr. 27 11% Apr. 18 21 A pr. 2 24% Apr. 18 19% M ar. 30 32% Sale 3% A pr. 20 Apr. 1 3% A pr. 20 16% Sale 6 Sale 7 Apr. 20 7 A pr. 20 28% 9% Apr. 1 Sale 47 A pr. 14 55% Apr. 6 47 A pr. 14 75% 107% 101% A pr. 14 110% Apr. 1 101% A pr. 14 117 41 Apr. 9 46 Sale Apr. 18 40% M ar. 30 54% Jan. 2 99% Sale 93% A pr. 8 95% Apr. 18 92 Sale 83 Apr. 13 86% Apr. 18 82 M ar. 30 89% 33% Apr. 22 40 Apr. 2 33% A pr. 22 59% 37 73% A pr. 21 86% Apr. 1 73% A pr. 21 108 84 Apr. 7 164% 146 Apr. 7 155 Apr. 22 146 155 Sale 70 A pr. 30 71% A pr. 11 70 A pr. 30 71% 16 39% 16 39% A pr. 16 54% Apr. 11 65% Apr. 18 44% Jan. 6 65% Sale 61 Apr. 15 62% Apr. 16 60 61 M ar. 26 64 57 Apr. 7 59% Apr. 17 54 Sale Jan. 21 59% 91 86 Feh. 10 8U Sale 135% Apr. I 155 Apr. 6 133% M ar. 30 155 Sale 129 Apr. 6 125 Apr. 2 133 M ar. 30 144% 38% 36% Apr. 27 41 Apr. 2 36% M ar. 24 60 1 70 Feb. 2 72 \ Jan. A pr. M ar. A pr. M ar. M ar. M ar. Jho . Jan. Jan. Feb. M a r. A pr. A pr. Jan. Feb. Jan. Feb. A pr. Jan. Jan. Feb. Feb. Feb. Feh. M a r. Jan. Feb. Feb. Jan. Jan. Jan. M ar. M ar. Feb. M ar. Jan. Jan. Feb. A pr. 1 2 15 2 20 6 3 6 tt 15 h 10 13 30 30 15 16 8 10 6 3 15 24 9 21 10 13 2 7 6 7 7 1 2 5 3 2 1 3 13 13 1 1 11 16 A pr. 18 Feb. 9 A pr. 17 2 A pr. 6 Jan. 13 Jan. 20 Jan. 8 1 2 24 (V ol. 120. STOCKS—STOCK EXCHANGE RECORD S A LE S TO M A Y 1. STOCKS Price about Jan. 2 1925. N. Y . S T O C K E X C H A N G E In A p r il. Since Jan. 1. Par Duluth S S & A tlantic___1UO Preferred______________100 E rie____ _______ _________ 100 First preferred_______ 100 Second preferred___.100 Erie & Pittsburgh _ ____ 5" _ Great Northern pref____100 Iron ore properties.no par G u lf M obile & N orthern. 100 Preferred .............. ....... 100 Hudson & Manhattan___100 P re ferred .. __________ KM) Illinois Central__________ 100 6% pref series A ______ 100 Shares. 1,000 700 23,300 34,500 2,700 Shures 1,600 1,400 245,600 332.300 28.700 71 319,700 516.090 65.000 18.100 283.209 10.200 69.400 7,200; 177 2,270 215.400, 22,800 5.400 2,700 370.500 9.600 301.300 63,000 4.200 45.000 7,000 1,500 12,300 3.900 26 73.800 5,000 3,000 700 1,134,600 261,900 542,820 565,400 982i Did. Ask. 4 Sale 7 75 $ 31 Sale 46 Sale 43 Sale 90 V 62 s 70 Sale 365$ Sale 26 3 Sale $ 92 3 94 $ 25 % Sale 64 V8 Sale 1163$ Sale 115 117 74 76 Sale 71 315$ 323$ 175$ 185$ 60 Sale 25$ 13 $ 34 Sale 57 58 "9 3 Sale $ 108 Sale 85 Sale 47 3 Sale $ 103$ Sale 25 255$ 52 54 22 23 3 $ 3,700 6.100 26.275 37.600 1,354.990 41,400 27,900 1.130 460 1,098.200 78.100 3.100 62,400 463.050 3,400 612 347.200 2,800 300 5,400 317,750 6,600 47.410 5,000 6,800 10 50 395 75.900 140 4 23 $ 114 117 5 $ 125 89 3 $ R R sec stock ctfs____ 1 0 oc Interboro Rapid Transit. 100 Lnt Rys o f Cent Am er___100 Preferred______________1 0 Iowa Central____________ KM) Kansas C ity Southern___100 Preferred.............. ....... 100 Lehigh Valley____________ 6u Louisville & Nashville___100 Manhattan R y guar____ 100 M od guar____________ 100 Market Street R y ____ .100 lY eferred______ _______100 Prior preferred_______ 100 Second preferred........ 100 Michigan C e n T 'l .. __1'* Minneapolis & St L o u is.. 100 Minn St Paul & S S M ..1 0 0 Preferred______________100 Leased line .............. . 1 0 M o Kan & Texas C o . .no par Preferred____ _________ 100 Missouri Pacific com____100 Preferred ____________ 100 Morris & Essex___________ SO Nashv Chatt & St Louis. 100 N a t R ys M ex 1st pref___100 Second preferred_____ 100 N ew Orl Texas & Mexico. 100 N ew Y ork Central______ 100 N Y Chicago St Louis. 100 Preferred. __________ 100 N Y N H & H a rtfo rd ...1 00 N Y Ontario & Western- ion N ew Y ork State R y s ____ 100 Norfolk Southern ______ 1(M) N orfolk & W estern______100 Preferred_____________ 100 N or* hem Pacific_______ 100 Pacific Coast____________ 100 68,800 73.260 17.300 1.400 152.100 2.200 5,700 400 177 460 33.900 9,100 1,700 43.800 1.000 38,600 10,700 1,200 6,200 3,500 1.300 4.600 2,300 10 4,700 700 1,600 300 117,600 35.400 59,900 73,300, 77 200 3.400 4.600 11.800 139,100 4.800 3,000 10 97.400 10.400 3.100 27,200 108.700 1,200 600 92,500 200 Second preferred_____ 100 Pennsylvania_____________ 50 Peoria & Eastern_______ 100 Pere M arquette________ 100 Prior preferred_______ 100 Preferred_____________ 100 Pitts Cin Chic & St L ____100 500 105,100 1,100 4,700 600 1.000 Preferred T ____________ 10 ) Pittsb & West V irgin ia.. 100 59 15.500 Reading Com pany_______ 50 First preferred_________50 Second preferred______ 50 Rights____________________ 164,200 8,900 6.700 7,200 Rutland R R pref_______ 100 800 St Louis-San Francisco. .100 Preferred A __________ 100 St Louis Southwest_____ 100 Preferred_____________ 100 Seaboard A ir L i n e _____ 100 Preferred_____________ 100 Southern Pacific C o _____ 100 Southern Railw ay_______100 1“referred_____________ 100 Texas & Pacific_________100 Third A v e n u e ................100 Tw in C ity Rapid Transit.100 Union P a c if ic . .......... ..100 Preferred_____________ 100 United R.vs Investment. 100 lYeferred_____________ 100 Virginia R y & Pow er____K>0 Wabash_________________ 100 Preferred A ___________ 100 Preferred B ___________ 100 W astern M ar yland-------- 100 Second preferred_____ 100 Western Pacific________ 100 Preferred____________ .100 West Penn C o no pa ' 7 * ? preferred__________10' > 5 Wheeling & L E R y _____ 10 l Preferred . ................... 100 In d u stria l and Miscell. Abilibi Power & P _ no p a r _ Adams Express_________ 100 Advance Rumely_______ 100 Preferred_____________ 100 A r Reduction Inc no pa' A jax Rubber In c _____ no pa- ___ __ 240,200 2,800 16.6 iO 3,800 93,300 70.600 161.800 168.000 18.600 80.800 16,000 1,300 10J 95,800 4,800 7,000 13,900 27.100 79.90J 114,500 900 23,600 5.500 31.6)0 3,400 6.000 2.10J 13.700 2,600 700 3.60J 3.000 2.80J 49,500 80.300 8.700 Alaska Juneau Gold M in.10 All American Cables____100 Allied Che-n & D y e ..n o p'n P re ferred .____________ 10'1 Allis Chalmers M g _____ 100 Preferred_____ _____10(1 Amer Agricul C h em ical. 100 Preferred_____________ 100 American Bank N o t e ___50 . American Beet Sugar_ 100 _ Preferred.............. 100 Am er Bosch M agneto.no p a r Am Brake Shoe & F ..n o pa’ ..... American C an ___________ 100 Preferred______________100 Amer Car & Foundry___100 N e w ___ _______________ Preferred______________10'» American Chain w i ______ 25 21,900 887 50.200 4.000 61,300 2,500 40.800 43,700 100 100 8,000 500 26,800 8.500 300 628.700 3.700 15.300 1.300 1.000 2,700 A p r il 1. Bid. 3 5 28 3 $ 37 5 $ 353$ 60 62 7 $ 335$ 235$ 90 255$ 66 112 112 74 72 18 183$ 583$ 2 305$ 58 3 $ 713$ 108 66 40 3 $ 73$ 29 44 223$ 500 25$ 2*4 Sale 50 Sale 31 58 5 625$ 45 $ 58 % $ 62 3 $ 60 3 313$ 2814 Sale 74 5 Sale $ 77 7 $ 32 7 $ 31 3$ Sale 72 3 8ale . 74 5$ $ 77 5$ Sa e 783$ ^ 140 6 Sale 115 Sale Sale 90 100 305$ Sale 253$ Sale 24 V t. 1303$ 76 75 3 2 695$ 25 54 54 48 183$ 68 81 73 3 $ 141 3 2 1163$ 1153$ 127 3 $ 833$ ion 293$ 21 3$ Sale Sale 77 223$ 127 78 3 $ 775$ Sale 613$ 27 30 70 65 70 44 Sale 45 Sale 133$ 64 Sale 83 80 74 5 $ 68 85 1263$ 139 1393$ 141 65 72 3 Sale $ 12 Q U 141 1 763.200 75 32,400 38 34.000 40*$ 96,700 22 3 $ 9 1J 5 3,900 593$ Sale Sale Sale Sale 62 725$ Sale 36 37 Sale 38 119 463$ Sale Rid Ask. 3 54 $ 285$ Sale 37 62 Sale Sale Sale 93 Sale Sale Sale Sale 75 Sale Sale Sale 65 4 $ 3 Sale 58 Sale Sale 75 383$ 93$ 33 49 23 77 7 $ 39 4 $ 414$ 175$ 120 43 Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale 98 3$ Sale Sale Sale Sale Sale Sale Sale 42 Sale Sale Sale Sale 1145$ Sale Sale 24 733$ 81 45 7 $ 71 26 43 4 $ 1037$ 92!$ 87 4 $ 515$ 94$ 62 4 $ 954$ 1363$ 73 7 $ 25 62 3 $ 102 21 3 $ 62 4 $ 40 117$ 173$ 41 88 112 96 3 $ 12 5$ 23 Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale 10 635$ 98 3 $ Sale Sale 27 66 Sale Sale Sale 42 Sale 18 Sale 90 Sale Sale 123$ 24 7,900 63 65 25.600 915$ Sale 18.300 15 3 Sale $ 16.500, 50 Sale 2 58.50 01 89 Sale 371.030, 13 3 Sale $ 60 803 8,700 13.100 92.903; l 3 Sale $ 3.58/1 113 122 414,503 814 Sale 17.550, 1174 Sale 339.300 72 3 Sale $ 7,700 1013$ Sale 162.000 153$ Sate 173,450 44 3 Sale $ 3.200 162 Sale 1,800 5S 55 46,500, 403$ Sale 2,100 86 90 233,300 33 Sale 35,700 99 Sale 1.600 100 1 10 ^ 3,078.900 160 3 Sale $ 14.600 1155$ Sale 154.700 198 Sale 1,300 4,700, 124 Sale 56,144 225$ Sale Sale Sale 14 50 Sale Sale 63 90 4 $ 153$ 52 5 $ 1003$ 133$ 67 91 Sale Sale Sale Sale 63 92 133$ 49 97 3 $ 113$ Highest. Lowest. Highest. Lowest. A p r il 30. Sale Prices. Sale Prices. Sale Prices. Apr. 1 25$ Apr. 14 25$ Apr. 14 3 25$ Apr. 17 35$ Apr. 14 43$ 35$ Apr. 14 5 Apr. 16 27 s M ar. 30 28 1 $ 27 3$ Apr. 24 30 37 353$ Apr. 27 385$ Apr. 16 353$ Apr. 27 Apr. 24 Apr. 24 37 3$ Apr. 16, 35 35 35 1 5t .1 11 . 28 60 Apr. 24 Apr. 24 63 4$ Apr. 7 60 62 60 275$ Apr. 22 335$ Apr. 1 275$ Apr. 22 283$ M a r . 30 27 23 3$ Apr. 2 27 7 Apr. 6 23 $ Apr. 1 94 Apr. 4 893$ M ar. 30 91 90 30 253$ Apr. 2 305$ Apr. 241 215$ M ar. 18 Apr. 3 67 Spr. 30 64 3 Feb. 18 $ 67 65 M ar. 31 Apr. 11! 111 112 1113$ Apr. 30 114 Apr. 8 112 3$ A pr. 23 113 1123$ Apr. 23 113 74 72 3$ Apr. 29 75 29 Apr. 17! 705$ Jan. 6 725$ 71 3 Apr. 6 74 $ Apr. 29 133$ M ar. 23 155$ Apr. 3 21 203$ Jan. 8 235$ 18 3 Apr. 3 253$ Apr. 28 18 $ Apr. 251 59 3 Jan. 2 $ 62 3 $ 59 7$ Apr. 16 65 1 V. 15$ Apr. 1 353$ Apr. 16 285$ M ar. 30 30 33 3$ Jan 15 57 57 4 Apr. 2 59 3 Apr. 2 57 $ $ 70 4 Apr. 2 793$ Apr. 16 69 $ M ar. 3l> 77 Jan. 16 1095$ 107 4 Apr. 2 1115$ Apr. 18 106 $ Apr. 1 80 Apr. 3 M ar. 21 1 68 67 3 $ Apr. 23 40 3 Apr. 1 32 3$ M ar. 23 38 > $ 37 $ Apr. 24 7 3 M ar. 11 $ 83$ 75$ Apr. 18 10 Apr. 16 315$ Apr. 24 20 Jan. 13 30 28 Apr. 1 52 Spr. 24 43 3$ M ar. 20 47 44 M a r. 19 Apr. 20 243$ Apr. 25 16 21 18 18 510 Feb. 7 500 510 18 510 Apr. 1 51 2 <4 J»n. 5 3 23$ Sale 24$ Apr. 23 27$ Apr. 23 305$ A pr. 4 Sale 323$ 34 305$ Apr. 4 35 M ar. 30 Apr. 1 47 Apr. 29 40 Sale 45 55 45 A pr. 25 Apr. 25 603$ Apr. 2 59 59 61 58 61 34 3 Sale $ Apr. 3 35 3$ Apr. 16 283$ Jan. 2 Sale 30 Apr. 3 815$ Apr. 30 74 Vt Jan. 2 Sale 76 815$ Sale Apr. 15 305$ Jan. 345$ Sale Sale 5 317$ Apr. 2 36 73 4 Apr. 3 793$ Apr. 17 71 $ M a r. 30 Sale 77 3 Sale $ Apr. 30 77 3 Jan 28 Sale Sale 79 787$ Apr. 1 79 $ Apr. 15 144 A pr. 9 143 Apr. 15 143 141 150 150 3 4 Apr. 3 $ 3 3 Apr. 3 $ 5 4 Sale $ 5 55$ Apr. 30 13$ A pr. 3 25$ Sale Sale 25$ Apr. 30 17$ Apr. 3 4 Apr. 30 113 k le u . 21 A pr. 2 122 122 Sale 119 117 Sale 113 7 Apr. 3 1173$ Apr. 20 113 3$ A pr. 3 Sale 116 $ M ar. 30 Sale 123 Apr. 15 1295$ Apr. 16 120 Sale 126 $ 90 903$ Sale 897$ Apr. 9 90 3 Apr. 30 883$ Jan. 6 160 30 101 ADr. 30 100 Jan. 8 101 101 M ar. 24 Apr: 9 325$ Apr. 18 28 31 Sale 29 Sale 21 Sale 205$ Apr. 4 23 5$ Apr. 1/ 205$ A pr. 4 Sale Anr. 22 44 3$ Apr. 15 40 Anr. 22 Sale 40 40 217$ Apr. 22 305$ Apr. 30 21 3$ A pr. 22 Sale 305$ Sale $ Sale 130 3 Sale 1255$ Apr. 3 1335$ Apr. 23 1233$ M ar. 30 Apr. 3 753$ Jan. 8 764$ Apr. 30 79 797$ 763$ Sale 4 Jan. 21 783$ 27 78 3 Anr. 27 Apr. 7 583$ Apr. 25 Sale 5 3$ Apr. 25 63 Sale 60 Apr. 23 27 Apr. 15 26 Jan. 6 21 24 26 31 64 Jan. 13 69 70 Apr. 21 34 H Jan. 10 Apr. 21 44 42 44 49 50 Sale 44 423$ Apr. 9 453$ Apr. 6 423$ A pr. 9 Sale $ 135$ Sale 13 5$ Apr. 30 16 3 Apr. 17 135$ A pr. 30 15 Apr. 2 663$ Apr. 17 62 M a r. 30 653$ 64 657$ 64 Apr. 1 783$ A pr. 15 78 3$ Apr. 15 80 Sale 77 3 80 $ Apr. 23 683$ A pr. 16 70 675$ 693$ 683$ Apr. 16 70 __ 1 90 126 4 $ 14014 M a r. 4 Jan. 20 1417$ 1395$ Sale 1395$ Apr. 28 1395$ Apr. 28 139 M a r. 19 Sale 655$ Sale 635$ Apr. 22 705$ Apr. 13 63 Ask. Sale 63$ Sale Sale 365$ 62 Sale Sale Sale Sale Sale Sale 1123$ 117 76 73 Sale Sale 603$ 33$ Sale 593$ Sale Sale 75 Sale 9 34 Sale Sale 903,500 603$ Sale 64 7 $ 31,000 79 3 Sale $ 793$ 191.250 505$ Sale 46 31.600 71 703$ Sale 323,080 215$ Sale 22 5 $ 231.100 39 3 365$ $ 1,072.000 102 3 103 3 $ $ 939.000 77 9$ Sale 8i5$ 79.000 8t3$ .3 Sale 63,3.800 44 3 Sale 505$ $ 36.100 12 3 10 $ 11 11,300 633$ Sale 60 400 05 M 459,600 1493$ Sale " 139 24,500 74 V Sale 75 \ 15,200 26 »$ Sale 203$ 27,400 60 3 Sale 52 $ 53,100 67 3 Sale 77 $ 741.300 21 3 205$ 4 1,031,503 57 623$ Sale 12.803 39 40 3 $ 41 292.703 14 7$ Sale 11 7 $ 70.500 213$ Sale 173$ 547.7.50 34 3 Sale 39 $ 65.703 85 4 Sale 89 34.700 1184 Sale 111 17.033 95 953$ Sale 10 i,503 15 11 Sale 32,500 27 4 23 . R A N G E S IN C E J A N . 1, P R IC E S I N A P R IL . 10 23$ 124 3 $ 823$ 118 78 3 $ 101 145$ 40 175 543$ 40 3 $ 81 29 923$ 1033$ 163 3 $ 1175$ 199 Sale Sale Sale Sale Sale Sale 15 3 $ 40 3 $ 185 553$ Sale 84 Sale 943$ n o t/ Sale Sale Sale 119 23 123 Sale 2 126 815$ 1193$ 76 5 $ 103 19 493$ 161 553$ 39 80 4 $ 29 104 110 1715$ 1184$ 196 3 $ 99 1225$ 23 _ _ __ : 71 37 38 175$ i_______________ i Apr. 22 79 3 Apr. 28 $ A pr. 2 39 4 Apr. 29 $ Apr. 1 41 5$ Apr. 29 Anr. 30 19!^ A di\ 16 42 Apr. 24 463$ A pr. 625$ 79 4 $ 44 3 $ 70 3 $ 213$ 36 1003$ 81 833$ 48 73 $ 60 95 1333$ 73 '4 203$ 52 75 20 615$ 41 5 $ 115$ 17 353$ 87 3 a 1093$ 94 11 22 625$ 90 13 493$ 97 107$ Sale Sale 133 Sale 1197$ Sale 106 Sale Sale 171 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. $ 2 74 3 2 81 V $ 9 47 5$ 1 71,4$ 3 27 3 $ 1 45 2 101.4$ 2 933$ 2 87 3$ 2 545$ 6 103$ 1 64 >$ lb 95 24 142 22 75 1 29 1 71 2 1025$ 2 225$ 2 645$ 8 42 3$ 1 135$ 2 18 11 413$ 14 92 5 $ 8 1163$ 3 965$ 1 135$ 2 245$ 1 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 23 66 Apr. Apr. 16 93 Apr. 11 153$ Apr. Apr. 2 53 Apr. Apr. 1 105 3 Apr. $ Apr. 1 13ys Apr. 95$ Apr. 21 15$ 122 815$ 118 753$ 103 3 $ 145$ 385$ 175 55 39 Sale 84 805$ Sale 273$ Sale 92 3 $ 1095$ Sale 1593$ 1187$ 1175$ $ Sale 196 4 97 3$ 124 1203$ Sale 22 5 $ Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 12 Apr. 24 23 $ Apr. 6 128 Apr. 2 8/ Apr. 1 1193$ Apr. 21 81 Apr. 7 1033$ Apr. 2 215$ Apr. 6 513$ Apr. S 175 2 55 Apr. 20 42 Apr. 17 825$ Apr. 3 333$ Apr. 2 101 7 110 Apr. 2 176 5 $ A pr. 1 1183$ Apr. 27 201 Apr. 27 100 Apr. 2il245$ Apr. 2 2 <3$ Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. A pr. Apr. Anr. 695$ 353$ 36 3 $ 173$ 1'8 i[ 42 M a r. M ar. M a r. M ar. Jan A pr. Sale Prices. 4 Jan. 2 63$ Jan. 23 34 Feb. 24 463$ Jan. 2 435$ Jan. 5 61 3 Feb. 4 $ 71 5$ Jan. 8 405$ Jan. 19 283$ Jan. 7 101 V Jan. 10 $ 305$ A pr. 24 67 A pr. 30 1195$ Jan. 7 119 Jan. 7 74 34 t$ 253$ 65 3 3$ 403$ 595$ 825$ 1173$ 100 51 3$ 10V$ 315$ 52 243$ A p r. Feb. A pr. A pr. M a r. Feb. Feb. Jan. M a r. Jan. Feb. Jan. A pr. Jan. A pr. 17 9 28 25 6 21 24 10 2 14 9 2 24 3 25 4 M a r. 563$ Jan. 71 Jan. 63 Feb. 40 3$ M a r. 87 5$ Feb. 41 Feb. 83 3$ Feb. 79 A p r. 6 12 9 9 4 5 6 9 30 155 M a r. 55$ Jan. 25$ Jan. 122 A pr. 1245$ Jan. 137 3$ Feb. 92 3$ M a r. 175 Feb. 10i Feb. 365$ M a r. 271$ Jan. 443$ A pr. 305$ A pr. 134 5$ M a r. 79 A pr. 783$ A pr. 7154 M a r. 38 M a r. 6 15 12 30 13 24 3 7 6 2 7 15 30 20 3 27 6 7 503$ M a r. 483$ Jan. 203$ Jan. 72 Feb. 84 Jan. 755$ Jan. 90 M a r. 1401$ M a r. 1405$ Feb. 73 3$ Jan. 7 5 12 25 15 10 23 4 28 2 30 18 18 28 12 24 821$ Jan. 6 39 3$ A pr. 29 4354 Jan. 6 24 3$ Jan. 9 120 M a r. 7 623$ Jan. 9 24' 571$ Jan 24 41 U M ar. 15 44 3 Apr. $ * Jan 3 7< 28 705$ Jan. 28 35 M ar. 21 98 5 M ar. $ 30 77 5$ Jan. 29 83 Jan. 17 4‘« ^ Jan. 1 7 3 $ Apr. Jan. 15 56 .1 •11. 15 7 133 3$ A pr. Jan. I t 72 24 183$ M ar. 24 483$ M ar. 29 64 ki Jan 18 1 9 3 $ M ar. 16 55 \ Jan Jan 24 M ar. 16 11 M ar. 211 16 28 32 3 Jan. $ 28 84 3 Jan. $ 31) 105 M a r. A pr. 31) 94 18 105$ M a r. A pr. 21, 22 16 743$ A pr. 24 30 84 M a r. 3 9 535$ M ar. 2 19 75*$ M ar. 11 16 273$ Apr. 28 30 45 A pr. 28 30 108*-$ Jan. 9 2 93M A pr. 30 2 92 >4 Feb. 25 20 585$ M a r. 13 6 1454 Jan. 12 22 663$ M a r. 7 21 971$ M a r. 13 24 153 3 Jan. 10 $ bO 76 Feb. 26 19 29 A pr. 24 23 71 Apr. 24 14 1025$ A pr. 29 30 26 3$ M a r. 12 20 67 M a r. 21 21 46 M a r. 12 24 175$ Jan. 9 27 263$ Jan. 9 5 55 M a r. 11 6 100 M a r. 11 2 120 Feb. 7 3 97 Feb. 11 31 163$ Jan. 7 2 31 5$ Jan. 7 Jan. 1 62 Apr. 14 90 A pr. 1/1 13 18 le u . 4/ 16 865$ Jan. M ar. 28 10 \% •• / ill 95$ A pr. .| 1 Jan. 30 29, 119 Jan. 14 80 M ar. Jan. 28 117 3' ,1 H Jan. 20 103 3 Jan. $ 16 133$ M ar. 29 36 3 M ar. $ 8 161 Jan. 2 53 3 Jan. 1 $ 14 365$ M ar. 20 80 3 Jan. 4 6! 26 3 M ar. $ 30 90 3 M ar. $ 9 I 07 Y. 20'11583$ Jan. IK 115 Jan. Jan. 1 192 -5 24 97 3 A pr. $ 28 ,1205$ A pr. 15H 225$ Apr. 6 16 11 18 30 19 67 Jan. 10 1033$ Jan. 9 17 M ar. 13 54 3$ M ar. 13 1113$ Feb. 26 14 Jan. 3 V, Feb. 6 21 12 A pr. 11 5$ Jan. 14 6 2 3 M a r. 28 $ A pr. 29 5 128 30 933$ M a r. 3 9 120 Feb. 26 5 863$ M ar. 13 3 107 Jan. 20 1 213$ Feb. 11 5 23 553is Feb. 10 13 206 Feb. 11 10 56 Feb. 13 1 43 5 Jan. 7 19 873$ Jan. 6 24 54 3 Jan. S $ 30 106 Feb. 26 110 3$ M a r. 7 16 1853$ M a r. 6 29 11954 M a r. 9 5 232 3$ M a r. 6 27 100 A pr. 24 2 1253$ Feb. 18 2 27 Feb. 4 1 STOCKS K. Y. STO CK EXCHANGE S A LE S TO M A Y 1. In A p ril. Par Shares. American Chicle_____ no par 12,300 Preferred______________ 100 1.C00 C ertifica te s____________ nopar 2.8J0 Preferred certificates-. 1Oft 200 Amer Druggists’ Synd___10 7,900 American Express______ 100 9,200 Am Foreign & Power.no par 45,300 P re fe rre d ___ . . . .n o par 8,300 Am For Pr ctfs 2.5 % pd in . . 1,600 Certificates full p a id .. Amer Hide & L ea th er... 100 5,800 Preferred______________ 100 17,100 American I c e ____________100 20,300 Preferred______________ 100 2.500 Amer Internal C orp_.no par 18.400 Am La France Fire E n g.. 10 25,100 P r e fe r r e d .................... 100 300 American Linseed______ ] 00 17,900 Preferred ............. 100 24,700 Am Locom otive new_.no par 85,700 Preferred______________ 100 500 American M e ta l_____ no par 3,700 Preferred ______________ 10C 400 American Piano pref____ 100 300 American Radiator______ 5,009 Preferred________ 100 100 Amer Railways Express. 100 500 Amer Republics______ no par 100 Amer Rolling M ill, pref w i American Safety Razor. .100 31.400 Am Ship & Com m ____no par 12,700 Amer Smelt & Refin_____ 100 51,300 Preferred_____________ 1 00 2,200 American Snuff_________ 100 400 Preferred______________ 100 400 Am Steel Foundries ctfs 'l l 18,800 Preferred............. 100 400 American Sugar R efin___100 178,400 Preferred______________ 100 7.700 Am Sumatra Tobacco___100 38.600 P r e fe r r e d .......... . 100 9.400 Am Teleg & C ab !e_..__.1 00 1.050 Amer Teleph & T e le g .. ino 42,400 American Tobacco________50 27.400 B .......... .......... 50 62,800 Preferred______________ ]00 2,700 Am er T y p e Foundries.. . 100 1,700 Preferred______________ 100 Amer W at Works & Elec. .20 74,800 First preferred (7 % )..1 0 0 1,200 Partic pref (6 % )_______100 2,000 Amer Wholesale, pref___100 100 American W oolen________ 100 150,820 Preferred........ ............. 1 Of) 11.900 Am W riting Paper, pref. 100 3.100 Certificates............. 100 Amer Zinc, Lead & Sm___25 4,200 Preferred_______________ 25 3,800 Anaconda Copper________ 50 65,400 Archer Daniels M id_.no par 2.200 Preferred______________ 100 1.100 Armour (D ell pref..........100 1,800 Armour o f Illinois Class A . 25 27.700 Arnold Constable v tc.n o par 2,400 A rt M etal Construction.. 10 Assets Realization________ 10 Associated Dry Goods___100 12,200 1st. preferred__________ 100 2,275 2d preferred__________ 100 600 Associated O il____________. . . 25 43,800 A tl Gulf & W I SS Lines. 100 100.200 Preferred______________ 100 18.800 Atlantic Refining________ 100 11,000 Preferred _______ 100 500 Atlas Powder, new___no par 400 Preferred______________ 100 Atlas Tack Corp_____ no par 14,800 Austin. Nichols & C o.no par 5.300 Preferred______________ 100 800 Auto K n it Hosiery___no par 1,400 A uto Sales________________ 50 200 Preferred______ ________ 50 1,000 Baldwin Locom otive____100 639,600 Preferred______________ 100 1,520 Barnet Leather_______no par 200 Preferred____________..100 Bamsdall Corp. Class A . .25 37.500 Class B ____ ____________ 25 1 800 R igh ts____________________ 4.900 Ba.vuk Bros______________ nopar 5,900 Preferred______________ 100 100 Beech-Nut Packing_____ .20 19.000 Bethlehem Steel Corp___100 95,200 7% preferred__________ 100 2.300 Cum conv 8 pref____100 1,40-0 Blumenthal. p re f________ 100 Booth Fisheries___________nopar 3,800 1st preferred__________ 100 British Empire Steel____100 300 1st preferred__________ 100 2d p referred ..________ 100 500 Brooklyn Edison, In c ... 100 9.100 Brooklyn Union Gas_.no par 45 000 Brown Shoe, Inc_________ 100 20.900 Preferred______________ 100 500 Briggs Manufacturing no par 111.700 Bnjnswick-Balke-Coll no par 26.800 Brunsw’k Term & Ry Seel 00 100 Burns Brothers______ no par 6,700 Preferred______________ 100 200 I ’rior preferred______ _ 100 N ew Class B com_.no par 8,600 Burro’s Add M ach ___no par 2,800 Bush Terminal C o ..........100 10,000 Bush Term Bldgs, pref. .100 400 B utte Copper & Zinc_____ 5 35,800 Butterick_________________100 5,800 Butte & Sup M in in g _____10 39.700 Caddo Cent Oil <4 Kef.no par 1 3,300 C a lif Packing C o rp ..n o par 5.800 California Petroleum _____ 25 195,900 IY eferred______________ 100 9,400 Callahan Zinc-Lead______ 10 10,500 Calumet & Arizona M g . 10 6,000 Calumet & H ecla _________ 25 2,300 Case (J I) Thresh M a c h .io o 1,900 Preferred______________ 100 2,700 Central Leather_________ UK) 16,000 Preferred ............. 100 49.900 Century Ribbon M ills.no par 7,900 Preferred .. . . . 100 1.200 Oerro de Pasco C o p ___no par 46.700 Certain-Teed P rod ___no par 17,800 1st preferred__________ 100 900 Second nrefer-ed____l'K) 600 Chandler M Car (The)no par 70,000 Chic Pneumatic T o o l____100 6,500 Chicago Y ellow C a b ..n o par 300 Childs C o _________________ nopar 17 800 35 KTOOKS-STOCK EXCHANGE REOOTH) M ay , 1925.] Since Jan. 1. Price about Jan. 2 1925. Bid. Shares. 44,300 39% 2,100 94 16,700 37 600 90 5% 105.520 81,800 162 144,200 96,200 20,900 126% 1.900 127 20.800 12% 66,200 69% 49,500 91 % 6,400 70% 188,400 31 % 73,700 11 % 1,300 94 68.400 28% 55.800 53 920 800 107 % 5.600 118 86.400)1 53% 1,400 1 15 800 94% 48,774 90 300 126 5.900 80 5,300' 47 210 107 % 226.2751 36% 124,400i 11% 6 26.9001 98 12,200 107 % 4,200, 115 800' 95 329,826 47% 5,700 107 % 600,325' 52 % 28.575, 93 127,7001 12 13.500 34 % 4,360 41 346,000 130% 161.600 87% 261,000 86 16.700 101 % 4,700 112% 350 105 % 295,500 39 % 5,500 100% 21.600, 96 550 92% 894,6201 61 61,600 95% 5 16.200, 4 800 19.800 11 % 29.300, 35 428.500 47% 21.900 27% 3.400, 89 21.010! 90 ■ 48.100 8% 70.700, 1,700| 15 133% 94 101 33 % 22% 31 % 05% 111 50 92 10% .3 1 87% 2% 3% 15 131 % 1 16 35 92 637,900 23% 40 700 17 % 4.900 35. tOO, 47 800| <l(i 129,400l 71 % 516.000 50% 22,900 l 05% 13,900, 110 77.400 4,975! 2,966 337,100, 412.5001 107.7001 126,900 3.400 3,000, 500 37.000 75.000 4.100 12.400 2,300, .3,400; 2,220,250 5.620 8,1001 R A N G E S IN C E J A N . 1. P R IC E S I N A P R IL . A p r il 1. Sale 53 98 51 97 5% 125 27% 88 114% Prices. Sale A pr. 8 62 A p r. 14 100 A pr ,13| 58% A pr. 9 97 A pr. 6 5% A pr. 27 144 A pr. 7 35 A pr. 15 90% A pr. 7 120 9% 67% Sale 82 35 Sale 97% Sale Sale Sale Sale 47% 111 114% 90% 93% 92 Sale 130 125 77% 78% Sale 49 9% 61% 89% 76 33% 11 % 95% 21% 59 119 118% 45% 113 92 92 130% 77% 49 Apr. A pr. Apr. Apr. A pr. A pr. Apr. Apr. Apr. Apr. Apr. Apr. A pr. Apr. A p r. Apr. Apr. Apr. 82 36% 13% 97 28% 70% 125% 119 . 47% 8 113% 291 94% 28 96% 2 130% 27 78 30 49 52% Sale Sale 11 92% Sale Sale 107 142 145 97 100 48% Sale 109 62% Sale 97% Sale 13% Sale 42 Sale 41% 42% 133% Sale 87% Sale 87% Sale 105% Sale 102 108 105% 109 46% Sale 101 Sale 100 101% 96% 97% 39% Sale 82% Sale 3% 3% 1 5 7% Sale 26% Sale Sale 36 Sale 31 94 96 90% 91% 2 0 % Sale Sale 8% 9 15% 15% 16 53% 10% 92% 106% 140 100 48% 110 61% 96 9% 36% 41 136% 91% 91 105% 104 105% 52% 101% 103% 95 38% 78% 4% 1% 7% 25 36% 33% 97% 90% 54 Sale Sale Sale 143% 102 Sale 110% Sale 97 Sale Sale Sale Sale Sale Sale Sale 107% 107% Sale 102% Sale 52 10% 91 106% 138% 99% 47% 110% 60% 95% 7 28 41 132% 87% 87 105 103 A pr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. A pr. Apr. 57% 11% 96% 30 108% 22)143% 16 100 30 50% 28 112 71% 99% 15% 52 41% 1,136% 1 93 2l 92% 2 106% 22,108 44% 100 101 96% 35% 77 2% Apr. 141 53% Apr. 9 101% Apr. 1 101% Apr. ~ 96% 42% Apr. 82% Apr. Apr. 4% Sale Sale Sale Sale Sale Sale Sale 115 52 94 Sale Sale 89% Sale 5 16% Sale Sale 37% 96 Sale Sale 184 98% 105% 35% 42% 44% 102% 113% 47 92 Sale Sale Sale Sale Sale Sale Sale 115% 49% 93% 12 % Sale 92 2% 5 16 Sale Sale 36 104 Sale 18% Sale Sate 96% Sale Sale 95 110% 75% 5 30 Sale Sale 5% Sale 5% 5k 140 Sale 131% Sale 29% Sale 34% Sale 89 Sale 89% Sale 120 123 Sale Sale 13% 9% Sale Sale 63% Sale Sale 90% Sale 80% Sale 76 Sale 34 Sale Sale 11 % Sale 100 93% 96 Sale 21% Sale Sale 59 Sale Sale 123% Sale 120 120 122 Rale Sale 46 119 114% 111 95 % 92 94% Sale 96 % Sale 127 130% Sale 78 80% 50 46 56 Sale Sale Sale Sale 1 17 100 Sale 108 Sale Sale Sale 38 Sale Sale Sale Sale 101 % Sale 109 Sale 101 Sale 96 Sale Sale Sale Sale 11% Sale Sale 28 94 92 Sale 97 Sale Sale Sale 112 79 5% Sale 35.9)6, 5001 28 32 1.800 2% 3 1,300. 9% Sale 4.3001 81.000 121 Sale 245,500! 79% Sale 76.400| 72% Sale 4.600! 97 99 255.100 68,500 4 4,900j 5 34,400; 96% Sale 4,300) 97 600 118 23 26,300! 22 32.100 61 % 65 21,300! 65% 98 1.000! 96 93,600, 8% Sale Sale 43,000i 24 163,3001 2.3 % Sale 37.500 1% 1% Sale 36.000, 104 1,390.800) 23 % Sale Sale 57.000 100 4% Sale 94,000 33,600 57% Sale 20,000 18% Sale 10.600 29 Sale 66 7,000 62 101,000 19% Sale 218.600 56% Sale 90 890 29% 33% 06 3.400 04 275,700 55 Sale Sale 195.300 44 3.500 1.800 265.200 36% Sale 46.4001 97% Sale 7.700 54 55 46.900 Sale Sale 107 Sale Sale Sale Sate 116 49 92% 11% Sale 91 2% 5 14% 112 Sale 110 111 35% Sale 94 104 22% Sale 17% Sale 176 98% 104 33 35% 40% 100 % 114 48 92 10% 25 87% 2% 3% 42 95 63 41 93 110 4% 25 2 9% 128 79% 64% 96 37% 35% 3% 96% 95% 114 17% 78% 98% 96% 5% 18% 15% 1 103% 29% 110% 3 48 13% 27% 65 15 52 41 95% 43% 42% 94% 80 34% 83% 48 50% 9% 66% 100% 80 34% 13% 95% 27% 70% 120 118% 46% 100 Sale Sale Sale 3 Sale Sale Sale Sale Sale 91% 20% Sale Sale 9 16 14 11% 21% 89 2% 3% 13 110% 110% 32% 94 22% 17% % Sale 39% 94 98 Sale 66% Sale 39% 95% 94 110% 109% 75% Sale 4 35 25 2% 1% 29 27 Sale 7 Sale 129 Sale 81% Sale 78% 100 100 Sale 37% Sale 33 4 5 Sale 102 97% 94% 117% 112% Sale 21% Sale 80 Sale 105 99 97% Sale 5% Sale 17 Sale 10 1% % Sale 104% Sale 29 Sale 112 Sale 2% Sale 47% 14 13 Sale 29 67 70% Sale 15% Sale 53 Sale 39 96% 96 Sale 45% Sale 43% 95 95% 84 80% Sale 34% Sale 83% 49 48% Sale 50% 2% 30 9 Sale 82 Sale 101 Sale Sale 5 Sale 97 117% Sale Sale Sale Lowest. Highest. A p r il 30. Ask. Bid. Ask Ask. Bid. Sale 54% Sale 54 Sale 97 100 99 107 53 Sale 53% Sale 7% 25 35% 30% 96 90% 20% 8% 10% 67% 101% 8% 28% 39% .33% 97% 91 21 9% Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 175 97 104 32% 35% .38 100% 113% 47 Apr. 1 192 Apr. 98% 106 Apr. Apr. 36% 44% Apr. 46% Apr. Apr. 1 107 Apr. 17 115 A p r . 14 48 10% 24% 87% 2% 4% 13 108% 109% 35% 13 Apr. Apr. 27 Apr. Apr. 87% Apr. Apr. Apr. 2% Apr. Apr. 4% Apr. Apr. 15 15 Apr. Apr. 27 117% Apr. Apr. Apr. 11 111 Apr. 1 35% Apr. | 21 % 16% % 39 95 62 38% 94 109% Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 17 23 29 28 25 2 30 28 28 5% Apr. 25 1% Apr. 20 7% 127% 78% 64% 97 36% 32% 3% 95 Sale 17% Sale 10 Sale Sale Sale 113 Sale Sale 45 Sale Sale 71 Sale Sale Sale 99 Sale Sale Sale 83 82 Sale Sale 53 49 Sale 25% 18 '-4 5-16 43 95 67% 43% 95% 1113/8 ___ Highest. Sale Prices. Sale Prices. Prices ■ A pr. 18 Jan. 27 62 A pr. 18 37 A pr. 21 Jan. 5 100 A p r. 25 94 Jan. 7, 58% A pr. 18 A pr. 18 37 Apr. 9 Jan. 19 97 Apr. 9 94 5% M ar 17l 6% Jan. 22 A pr. 3 Apr. 7 125 " A pr. 27 166 " Jan. 2 A pr. 30 Apr. 30 27% A pr. 7i 35 I n «l 94 Feb. 19 Apr. 30 Apr. 29 114% Apr. 7 127% Jan. ’ 7 Jan. 6,128 Jan. 7 125 Jan. 14 8 % M ar. 31 14 Apr. 1 M a r. 311 75% Jan. 14 Apr. 21 59 M a r..18 101% A pr. 29 Apr. 29 83 A pr. 29 A pr. 29 74% M ar. .17 82 Feb. 5 Apr. 18 32% M ar. 30 41 Jan. 15 Apr. 30 11% Jan. 2 14 Jan. 15 Apr. 22 95% Feb. 27 97 M ar. 25 29% Feb. 3 Apr. 30 20 Jan. 2 70% A pr. 30 Apr. 30 53 M a r. 6 A pr. 7 101% Jan. 5144 Feb. 10 Apr. 2 118% M ar. 201124 Apr. 14 45% M ar. 301 53% Jan. 2 M ar. 30116% Jan. 8 Apr. 16 111 Jan. 7 A pr. 29, 95 Apr. 4 92 Jan. 17 Apr. 1 89% Jan. 3105 Apr. 2 126% Jan. 13130% A pr. 2 Jan. 13 Apr. 14 77% A pr. 27i 81 Jan. 8 1 66% Jan. 17 Apr. 30 48 Jan. 5 106% Jan. 13 108 | Apr. 14 .46 % Jan. 2 59% M a r. 12 Apr. 14 10% A pr. 28 14% Feb. 28 Apr. 15 90% M ar. 30 106% Feb. 10 5 110% Feb. 5 Apr. 15 105% •Ian Apr. 8 138% A pr. 22 1 6 0 % Feb. 19 Apr. 21 Apr. 24 9 •% M ar. 2 100 Jan. 30 54% M ar. 4 Apr. 16 46 A pr. 18 Jan. 7(112 Apr. 18 108 Apr. 14 47% Jan. 16' 71% Apr. 14 Apr. 20 91 % Jan. 16 101 % Feb. 28 A pr. 23 24% Feb. 14 7 Apr. 6 Feb. 13 A pr. 27j 56 Apr. 17 28 in % Jan. 8 47 Feb. 25 Apr. 22 Apr. 21 130% Jan. 2 136% A pr. 21 A pr. 20 Feb. 171 93 Apr. 20 is 5 Apr. 21 81 % Feb. 17l 92% A pr. 21 A pr. 28 101% Jan. 5106 % A pr. 28 A pr. 22 112% Jan. 2 Apr. 11 103 106 Feb. 26 1 10 Jan. 8 Apr. 30 34% Jan. 13 53% A pr. 30 Jan. 9101 Feb 18 Apr. 7 100 Apr. 30 • 5% Jan. 2 103% A pr. 30 Jan. 8 97% Jan. 20 Apr. 2 96 Apr. 14 35% Apr. 2 64% Jan. 0 Apr. 2 96% Jan. 20 Apr. 1 77 2 % Apr. 2| 7% Jan. 3 Apr. 18 2 ^ M ar. 21 4 Jan. 2 Apr. 16 7% Apr. 30 12% Jan. 9 Apr 30 39 Jan. 9 Apr. 16 25 Jan. 3 Apr. 14 35% Apr. 2 L 48 | Jan. 7 35% Feb. 13 Apr. 27 26 Apr. 20 90% Jan. 5 97% A pr. 20 Apr. 4 90% M ar. 31 97 Feb. 14 Apr. 4 20 M ar. 19 22% M a r. 18 Jan. 5 1 2 % Jan. 28 8 Apr. 6 Jan. 7 15% Jan. 14 15 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 101 7 7 30 2, 25 14 15 17l 15 5% Apr. 11 2% Apr. Jan. 5 193% Feb. 28 99% M ar. 12 Jan. Jan. 108% Feb. 7 39 % Feb.s 2 32 M ar. 44% A pr. 23 20 Jan. 31 Jan. 47% M ar. 3 117% Feb. 5 95% Jan. 113% Jan. 6 115% M a r. 19 Apr. 14i 52% F'eb. 24 47 Jan. 9 92 Jan. 94 0 % Feb. A pr. 28 13 32% Jan. 12 23% Apr. 87% Jan. 92% M a r. 4 3% Feb. 2 1% Jan. 4 M ar. 4% Feb. 10 16% Feb. 3 A pr. 13 107 M ar. 30 146 Feb. 26 109% Apr. 11 116% Jan. 31 Jan. 35 5 49% M a r. 4 93% J a n . 96 Jan. 24 Mar. M a r. 3 21 30 23 Feb. 6 16% Apr. 5-16 A pr. 30 % Apr. Apr. 39 53% Feb. 14 Apr. 98% Feb. 16 95 M ar. 74% Jan. 10 60 38% Mar. 53% Jan. 13 Apr. 28 102 94 Jan. 31 109 M ar. 18,116% Feb. 9 128 94 8 Apr. Apr. Apr. A pr. A p r. Apr. Apr. Apr. Apr. Apr. 251 9% 2 130% 2 84 1 11 78 % 8 100 30) 38% 30, 39% 6 7 102% 17 97% Apr. Apr. 24 Apr. Apr. Apr. Apr. Apr. ’ Apr. 29 Apr. 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 A pr. 1 21% 1 81% 1 110 21 99 1 6 28 18% 28 16% 1 25 8 106 2 31 % 2 116% 23 3% 22 50 27 14 1 30 3 72% 1 17% 1 58% 18 43 4 96 1 47 3 45% 20 95% 9 82% 21 37 % 7 88% 23 49% 3 53% 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. 29 14 18 24 11 2 6 2 2'3 7 8 4 3 8 29 2/ 15 3 1 4 15 20 30 14 6 14 23 20 4% 28 1% .30 7% 120% 5% 64% 96 33% 32% 3 92% 93% 113 17 65 86 96% 4 % 17% 10 % 100% 23% 100 2% 45 12% 24 60 14% 49% 31% 95% 43% 40% 89% 80% 28% 80% 48 49% Apr. 25| 7** Jan. 16 Jan 5 34% Jan. 9 Apr. 20 3% Jan. 26 Jail 33% Feb. 25 Apr. 25 1 1 % Feb. 24 Jan. 2 133 Jan. 7 A pr. 8 Feb. 171 84 M ar. 31' 78% A pr. 30 M ar. 25 100% Jan. 19 Mar. 171 40% Jan. 31 Apr. 30 40% Jan. 21 Feb. 17l 5% M a r. 7 Feb. 1 1 1 0 3 % Jan. 12 Jan. 10 97% A pr. 16 Jan. Jan. 22 9 117 M ar. 311 23% Jan. 14 Jan. 3- 82% M ar. 14 A pr. 18 Feb. 26 110 Jan. A pr. 24 6 99 1 M ar. 31 8% Jan. 2 Apr. 28 28% Jan. 3 Apr. 28 24% Jan. 9 Apr. 25 2% Jail. 12 Jan. 27,110 Feb. 21 Jan. 21 32% M a r. 7 Jan. 2 116% A pr. 8 Apr. 23 4% Feb. 19 Apr. 22 58 Jan. 7 Apr. 18% Jan. 5 .30% Jan. 23 M ar. M ar. 72% A pr. 27 M ar. 21% Feb. 7 66 M ar. Feb. 7 Jan. 47% M a r. 7 98% Jan. 14 Jan. M ar. 55% Jan. 2 M ar. 48% M a r. 2 Jan . 95% M a r. 4 Feb. 13 85% M a r. 9 Jan. 22 37% A pr. 6 M ar. 19 98% Jan. 3 M ar. 18 55 Jan. 3 M ar. 31 56% M a r. 12 26 STOCKS-STOCK EXCHANGE RECORD STOCKS N. T. STOCK EXCHANGE S A L E S TO M A Y 1. In A p ril. Par Shares. Chile Copper______________ 25 55.100 Chino Copper______________ 5 3,800 Cluett. Peabody & C o ___100 1,100 Preferred______________ 100 100 Coca C ola_________________nopar 106,200 Preferred______________ 100 300 Colorado Fuel & Iro n ____ 100 35.500 Columbia Gas & Elec.no par 99,400 Preferred______________ 100 47.500 Columbian Carbon___no par 5,600 Com In v Tru st_______no par 1,400 Preferred______________ 100 Commercial Solv A ___no par 15,550 B _______________________ nopar 21,950 R igh ts_________________ Congoleum Co new ___no par 178.300 Conley T in F oil stpd_.no par 2,100 Consolidated C igar___no par 10.400 Preferred______________ 100 900 Consol Distributors..no par 57.400 Consolidated Gas____ no par 130,000 Consol Textile________no par 20,800 R ig h t s _________________ Continental Can Inc pref 100 100 Continental C an_____ no par 57,200 R ig h ts ___________________ Continental Insurance____ 25 5.200 Continental M otors_.no par 76,200 1.300 Corn Prod R efg pref____ 100 N ew w 1 ________________ 25 77.300 Cosden & C o _________ no par 21,900 Preferred______________ 100 200 Orex Carpet_____________100 500 71.300 Crucible Steel o f Amer__100 Preferred______________ 100 400 Cuba Cane Sugar____ no par 22.400 Preferred______________ 100 102,800 Cuban American Sugar___10 26,000 Preferred______________ 100 300 Cuban Dom in Sugar..n o par 10.400 Preferred______________ 100 1.200 Cushmans Sons______ no par 1.300 Preferred______________ 100 Cuyam el F ru it________no par 31.600 R igh ts_________________ 32,840 9.000 Darnel Boone Wool M ills.25 Davison Chem v t c ..n o par 50,900 DeBeers Cons M ines.no par 300 Deere & Co pref_________ 100 1,100 D etroit Edison__________ 100 4,800 Devoe & Raynolds 1st p f. 100 Diamond M atch_________ lOO D odge Bros, pref, w i.n o par 201,950 Dom e Mines L td _____ no par 15,500 Douglas Pectin______ no par 5,800 Duquesne Light 1st p ref. 100 2,900 Durham Hosiery_________ 50 Preferred______________ 100 Eastman K od a k _____ no par 10,900 Eaton A xle & Spring, .no par 16,100 E I du Pont de N em & ColOO 41,400 2.700 6% cumul pref________ 100 9.700 Elec Pow & L t p f 40% pd w i C ertificates____________ 241,900 600 Full paid w i __________ 14,600 Elec Storage B attery.no par Elk Horn Coal Corp______ 50 400 Preferred_______________ 50 2,400 Emerson-Brantingham . _100 Preferred______________ 100 700 5,200 Endieott-Johnson________ 50 Preferred______________ 100 2.000 300 Essex Cot M , 1st pref___100 Exchange Buffet, Corp.no par 2,800 Fairbanks C o (T h e )______ 25 5,800 Fairbanks M orse_____ no par Fam Players-Lasky_.no pat 147,700 2.700 Preferred______________ 100 Federal L igh t & Trac.n o par 4,600 100 Preferred______________ 100 600 Federal M in & Smelt____ 100 2.700 Preferred______________ 100 2,140 F idelity Phenix Fire I n s . . 25 Fifth Avenue Bus____ no par 1,400 Fisher Body Corp____ no par I^©w 25 58.700 Fisher B ody Ohio pref___100 800 Fisk Rubber__________ no par 295,900 13.700 First preferred________ 100 Fleischmann C o _____ no pau 32,000 Foundation C o ______ no par 58.700 R ig h ts ________________ 800 Franklin Simon pref____ 100 Freeport, Texas C o ___no par 45,000 Gardner M o to r_______no par 19.800 Gen Am er Tank C ar____ 100 4,200 7 % preferred__________ 100 500 General Asphalt_________ 100 45,900 Preferred______________ 100 1,500 Gen Baking C o ______ no par 1,800 Preferred__________ no par 400 General Cigar In c________ 100 10.800 Preferred______________ 100 Debenture pref (7 % ). . 100 100 General Electric_________ 100 126,400 Special when issued____10 18,900 Gen Motors Corp new no par 327,800 Preferred______________ 100 6% debenture stock___100 700 Preferred 7% new____ 100 14,700 General Petroleum ________25 182,800 General Refractories_.no par 1,400 7.100 Gim bel Brothers_____ no par 1,600 Preferred______________ 100 Ginter C o ____________ no par 25,000 Glidden & C o _________ no par 176,000 Gold Dust certifs____ no par 14,200 112,500 Goodrich (B F ) ______ no par Preferred______________ 100 3,800 Goodyear T ire pr p f w 1..100 4.100 34,400 Preferred______________ 100 Granby Cons M S & P ..1 0 0 4,000 Gray & Davis In c____ no par Great Western Sugar_____ 25 20,800 1,400 Great Western Sugar pref 100 Greene Cananea Copper. 100 4,800 Guantanamo Sugar___no par 2,500 P referred ______________ 100 G u lf States Steel________ 100 14,600 First preferred________ 100 100 Hanna 1st preferred_____ 100 2,100 Harhison Walker R ef____100 Hartman Corporation___100 11,600 Hayes Wheel_________ no par 19,300 Preferred______________ 100 i,400 Helm e (G W )______ ______ 25 100 Preferred______________ 100 H oe (R ) & Co Class A .no par 2,200 Homestake M in in g_____ 100 3,700 Household Products, .no par 6,100 Since Jan. 1. Shares. 401.900 18,450 23,900 1,000 361,800 1.500 446.900 495.700 64,300 27,200 10,400 1.500 77,850 100,850 13,000 464,200 33,100 78,600 8,700 1,025,922 618.700 223,650 Price about Jan. 2 1925. A p r il 1. 1,200 112** 115 316,300 69 Sale 56.800 105 Sale 639.100 8** Sale 7,905 121 Sale 378.100 40** Sale 843,600 26** Sale 4.400 83 Sale 1,500 41 50 588,490 74** Sale 6,600 93** Sale 134,000 13 Sale 365.100 59 Sale 193,220 29?* Sale 2.400 96** 98** 59,468 6 Sale 12,500 43** Sale 6,000 66 67 300 100 102.200 54 Sale 32,840 58,400 7** Sale 396,400 45** Sale 1,900 23** Sale 3,300 81** 83** 37.010 112** Sale 500 96** 100 200 201,950 75.800 13** Sale 31,000 16 Sale 13.010 105** Sale 600 2 8 40 50 167,800 111 Sale 60.500 15 Sale 425.900 139** Sale 10.250 94** Sale 17.200 241.900 1,100 238.700 62** Sale 1.300 11** 12** 200 21 25 9.300 2** Sale 3.300 15 Sale 44,400 69 Sale 3.900 300 8,200 19** Sale 1,000 2** 3 77.500 32** Sale 687.700 97** Sale 24.700 107 Sale 56.200 116 Sale 1,420 84 87 9.000 21** 24 38.900 61** Sale 13,560 9.300 11 ** 12 11.700 239 Sale 97.700 2,600 103 106 548,000 13** Sale 45.100 85 Sale 185.200 85** Sale 255,680 91 Sale 74.251 2,600 104*4 Sale 210.300 101* Sale 214.400 4** Sale 44,800 2,600 305.400 63 Sale Sale 14.000 100 Sale 8,500 145 500 119 121 53.200 96** Sale 1.400 103 108 1.000 105 110 Sale 665,810 317 98.900 11 ** Sale Sale 4,023,700 66 1.400 92 94 1,600 92 94 68,250 102** Sale 1,315,500 42** Sale Sale 32,180 53 134.400 55** Sale Sale 6,800 105 Sale 61.000 24 Sale 456.300 14 44.500 42** Sale 464.900 37** Sale 92 12,600 90 Sale 27.100 104 137.200 89** Sale 46.200 20*4 Sale 17.700 4** Sale 111.300 92?* Sale 5,000 I l l * * Sale 17,600 19** Sale 9,800 5** Sale 92 100 257.400 87** Sale 103 345 102 3,950 87 89 130 125,300 345* Sale Sale 168,400 38 Sale 6,600 100 80 8,700 112 ** 8,400 47** 49** Sale 13,400 43 81,000 34** Sale A p r il 30. Ask. Bid. Sale 32?* Sale 19*4 63** 63** 107 107 Sale 1025* 101 100*4 Sale 34*4 Sale 58*4 Sale 105 Sale 47 56?* 63 106** 102 Sale 92 Sale 95 Sale 3 Sale Sale Sale Sale Sale 26 3 27*4 83 5?* 78?* 3** Lowest. Highest. Ask. Sale Prices. Sale Sale 30** A pr. 1 32 H A pr. 23 21*4 2 0 ** 19 Sale A pr. 21 66** 63 A pr. 30 107 Sale 107 Sale 91?* A pr. 2 103?* 99*4 A pr. 7 101 Sale 32** A pr. 21 36 A pr. 1 58*4 Sale 54 Sale 104*4 A pr. 3 106?* A pr. 1 50 Sale 46 A pr. 2 63 61 56 103 Sale 81** A pr. 27 141 A pr. 27 143*4 Sale 81 Sale Sale 28*4 88 Sale Sale Sale 25 2?* 27*4 82?* 4*4 75** 2** o l. 120. R A N G E S IN C E J A N . 1. P R IC E S I N A P R IL . Ask. Bid. Bid. 30** 37** Sale 20 27 X Sale 62 60 X Sale 100 104 102 92 80** Sale 99*4 99 95 33?* 43** Sale 54** 47** Sale 105** Sale 46 49 Sale 56** 50 103** 101 103 Sale 134 121 130 122** Sale 6** Sale 365* 42** Sale 2** 14** Sale 28?* 26** Sale 82** 79** Sale 5 3?* Sale 75** 76** Sale 2*4 4** Sale [V A pr. 29 365* A pr. 6 3 A pr. 22 29*4 A pr. 1 88 A pr. 6 6** A pr. 2 79*4 A pr. 1 3?* Lowest. Highest. Sale Prices. Sale Prices. Prices A pr. 13 30*4 M a r. 30 375* Jan. 2 A pr. 4 19 A p r. 23 28?* Feb. 9 A pr. 8 58*4 M a r. 17 71 ?4 Jan. 12 Feb. 21 A pr. 30 103*4 Jan. 16 108 A pr. 29 80 Jan. 6 103?* A p r. 29 A pr. 20 99 Jan. 27 101*4 M a r . 2 A pr. 24 32** A p r. 21 48*i Jan. 13 Feb. 28 A pr. 30 45?* Jan. 21 59 Jan. 26 A pr. 28 104** Jan. 3 107 A pr. 17 45 M a r. 24 51 ?4 Jan. 8 Feb. 16 A pr. 18 50 Jan. 2 67 102 M a r. 19 106*4 Jan. 19 Jan. 29 A pr. 15 81 ** A pr. 27 190 Jan. 29 A pr. 14 81 A pr. 27 189 4 Jan. 9 6*4 Jan. 3 A pr. 1 25 A pr. 29 43*4 Jan. 2 Feb. 10 A pr. 27 2?* Feb. 16 17 A pr. 7 26*4 Jan. 2 32?* Feb. 19 A pr. 22 79?* Jan. 2 89** Feb. 14 A pr. 20 9?* Feb. 19 3** Jan. 7 A pr. 24 74** M ar. 30 79** A p r. 24 A pr. 13 5*4 Jan. 7 2** M a r. 19 A pr. 27 114 114** 114 A pr. 27 114 114** 116** 114 Feb. 6 116*4 Feb. 18 61** A pr. 8 64** A pr. 28 60*4 M ar. 29 69** Jan. 2 64** Sale 63** Sale 107 9 122 ?* 38** 27** 83** 33 67** 92 13 57?* 29** 96 5 38 63 101 55 108** 110*4 Sale 106?* A pr. Sale 8** A pr. 9** Sale 123 Sale 121 120*4 A pr. 355* A pr. Sale 35?* Sale 27 A pr. Sale 87** 40 Apr. Sale 46 40 64?* A pr. Sale 65*4 Sale 92*4 Apr. 93 93** 92 10?* Apr. Sale Sale 11 47?* A pr. Sale 48?* Sale Sale 28 A pr. Sale 28 96*4 98 98 4?* A pr. 4?* Sale Sale 39** 38*4 38?* 37?* Apr. 63 Apr. Sale 64*4 67 Sale 101 54** Sale Sale 3 2*4 28** 32** Sale 205* 205* 22 91** 96*4 90 Sale 116 114 97 97 115 115 975* 135* 13?* Sale 15?* 15** Sale 106*4 107** 107** 5** 15 5*4 43 50 43*4 109?* Sale 108?* 15 14** Sale 141** Sale 143*4 97 96 97 100*4 Sale 101*4 22*4 101 100** 62 61*4 Sale 8 9 10 22 2 1*4 1** 9 1 1 ** Sale 64?* 65 65?* 113?* 113 114 Sale Sale 2 2 ?* Sale Sale Sale Sale 16*4 Sale 15 50 Sale Sale Sale Sale Sale Sale 103 Sale 8*4 22 Sale Sale Sale 114 111?* 95* 123 395* 28?* A pr. A pr. A pr A pr. A pr. 46 69** 93 13?* 59 J* 30** A pr. Apr. A pr. A pr. Apr. A pr. 5** Apr. 39?* Apr. 66 A pr. 51?* 5* 1*4 27*4 20?* 91** 114 Apr. Apr. Apr. Apr. Apr. A pr. A pr. 58 1?* 3 36*4 205* 97 116** A pr. A pr. A pr. A pr. A pr. A pr. A pr. 97*4 12?* 15 106*4 A pr. 30 103*4 A pr. 14** A pr. 17 Apr. 107*4 A pr. A pr. A pr. A pr. 108** 14** 139** 95 100 17?* 100*4 61*4 8*4 A pr. 110*4 A pr. A pr. 16 A pr. A pr. 148?* A pr. A pr. 97 A pr. A pr. 101?* A pr. A pr. 25 1 23 J* A pr. 101?* A pr. A pr. 64?* Apr. A pr. 9 A pr. A pr. 1 ** 9 63?* 112*4 97 15*4 A pr. A pr. A pr. Apr. A pr. A pr. 16** 1?* 35** 94** 106 137 85*4 16 51?* 152 13?* 16?* 16** Sale 2*4 1*4 3*4 Sale 35** A pr. 35** Sale A pr. Sale 975* Sale ' 93 Sale 106*4 108 104?* A pr. Sale 136 A pr. 149 141 87 A pr. 88 85*4 87 15 17 16*4 15?* A pr. Sale 52 54 51** A pr. Sale 152 A pr. 162 154 14 14*4 14?* 13?* Apr. 62** 105*4 11 80?* 77** 108?* Sale Sale Sale Sale Sale Sale 102*4 10? * 12*4 46** 95?* 46*4 87*4 124 108 93 104** 106*4 264 103?* 1 103** Sale 11 10 ? * 13 Sale 44*4 97 97 Sale 50 90 90?* 129 130 109 115 Sale 88?* 104?* 110 106 110 Sale 265?* Sale 11** Sale 73** 90 90*4 90 91*4 Sale 106?* Sale 505* Sale 42?* Sale 49 104 103 Sale 29** Sale 21** 38*4 38!* Sale 53*4 Sale 97 M Sale 103*4 Sale 955* Sale 14*4 2 11 ** 66** 114 97*4 17?* Apr. A pr. A pr. A pr. A pr. A pr. 36*4 99?* 107 149 87 16*4 54J* 164 15 A pr. A pr. A pr. A pr. A pr. A pr. A pr. A pr. A pr Sale 109 Sale Sale Sale Sale 62 105*4 11 80?* 76 107 A pr. A pr. A pr. A pr. A pr. A pr. 70 109 15}* 87*4 84** 111*4 A pr. Apr. A pr. A pr. A pr. A pr. 103?* Sale Sale 46 98** Sale 91 130 120 Sale 109 109 Sale Sale Sale 92 Sale Sale Sale 43 Sale 104 Sale Sale Sale Sale 97?* Sale Sale Sale 102*4 95* 75* 44?* 96?* 45 90 128*4 119 88?* A pr. 8 103 5* Apr. 8 1 1 * * Apr. 7 13** Apr. 48?* A pr. 98** A pr. 52*4 Apr. 91 ** Apr. 139*4 A pr. 15 120*4 Apr. 30 93?* Apr. A pr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 106*4 257 11 69*4 Apr. A pr. Apr. Apr. 106*4 275** 11** 75** Apr. A pr. A pr. Apr. 88*4 103?* 48** 43 48*4 103** 27** 13 5* 37** 50** 95 103 91 ** 13*4 A pr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 91*4 107 52?* 46 50*4 104** 30** 20?* 40** 55*4 99 104** 97*4 15** A pr. A pr. A pr. A pr. A pr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. A pr. A pr. Sale 94 Sale 93** Sale 108?* 109 107 Sale 11** 12*4 Sale 4 Vs Sale 4** 5** 85** 77*4 85** Sale 67*4 Sale 67*4 105 106 101 105 62?* Sale 58 75 Apr. Apr. Apr. Apr. 96** 109 13 5* 5?* A pr. A pr. Apr. A pr. A pr. A pr. A pr. 71 ** A pr. 105 A pr. 69 A pr. Sale Sale Sale 69 27*4 Sale 34*4 Sale 103*4 Sale 67 70 A pr. A pr. 24 29 Apr. 1 36*4 Apr. A pr. 1 103?* A pr. A pr. A pr. 20, 69 45 Sale 43?* Sale 35*4 Sale 46*4 47 44?* 46 35** Sale 11 ** 69?* 88*4 88*4 103?* 48 5* 46 50?* 103 27*4 13** 37*4 53** 95 103*4 92*4 14 94 108 12 ** 5 77 ?8 71 99** 70 146 28?* 31*4 103 60 655* 103 14?* 87*4 83?* 109*4 25?* 3 ■*4 103 69 45 A pr. 43*4 A pr. 35*4 Apr. 1 46*4 Apr. 2 44*4 A pr. 1 36** A pr. Jan. Jan. Jan. A pr. M ar. Jan. M ar. M ar. A pr. A pr. A pr. A pr. M ar. A pr. M ar. M a r. M a r. Feb. A pr. A pr. Apr. M ar. Jan. 110 Jan. 97** Jan. Feb. 116 97*4 A pr. 12 ?4 A pr. Feb. 14 Jan. 105 8 Jan. 103 8** 1185* 355* 26** 83 36 64*4 92*4 105* 47?* 28 96** 4?* 37?* 62 103 50 5* 1** 27** 20** 82*4 120*4 Jan. 105* Jan. 123*4 M a r. 415* Feb. 35?* Feb. 90?* Feb. A p r. 46 7954 Jan. Jan. 96 14?* Feb. 625* Feb. 30 33*4 M a r. M a r. 28,101 3; 6?* Feb. 27 44*4 Jan. Jan. 301 73 M a r. 18 103 A pr. 17 j 58 9: 1?4 A pr. 23 7 ‘ s Jan. / 30. 49?* Jan. 18 24*4 Jan. A p r. 6 97 M a r. 5 lll9 Feb. 29'100 Feb. 1111 ’ 8 30 103*4 A pr. 16*4 Jan. A p r. 17 107*4 A p r. Jan. 9 26 13 25 25 2 10 30 17 15 9 26 3 13 27 6 19 18 14 30 9 23 28 29 7 16 5 9 19 15 11 31 Jan. 19 118 108** M ar. Jan. 3 16 10*4 Feb. M a r. 4 154 134*4 Jan. 94 Jan 23 97*4 M a r. 4 M a r. 18 100 M ar. 18 102 17?* A pr. 25 23** A pr. 30 100*4 M ar. 28 101?* A pr. 28 60?* M a r. 70% Jan. 3 7** Feb. 10*4 Jan. 22 19 M a r. 20*4 Jan. 19 1*4 A p r. 2*4 Jan. 3 Jan. 2 9 A pr. 15 Jan. 9 72 63?4 A pr. 1165* Feb. 16 112*4 Jan. 97 A pr. 97*4 A pr. 9 19 ■* Jan. 3 / 15*4 A pr. Jan. 5 3 2*4 M a r. 32 J* Jan. 38?* M a r. 12 90*4 Feb. 103*4 M a r. 2 Jan. 8 103** Feb. 17110 A pr. 30 114*4 Jan. 3:149 M a r. 9 85 Jan. 141 87 Jan. 19 15** M ar. 13 25 49*4 M a r. 111 64** Jan. 15 147*4 Jan. 6166** Jan. 12 A pr. 7 12 Jan. 8 15 Jan. 12 239 Jan. 2 280 A pr. 21 60** Feb. 17| 70 A pr. 6 104** M ar. 23 109 10*4 M ar. 241 15** A pr. 20 75*4 Jan. 16' 87*4 A pr. 30 75 M ar. 19i 86*4 Jan. 2 90 Jan. 6 111*4 A p r. 6 9 ** M ar. 0 4 F e b . 24 101?* M ar. 9 104?* Jan. 8 8 M ar. 18; 12** M a r. 23 4*4 Jan. 2 16** M a r. 2 44?* A pr. 58*4 Jan. 10 Jan. 19 93 5 Feb. 4 99 42*4 M ar. 63?* Jan. 2 Jan. 2 100 86*4 M ar. 1475* Jan. 2 121 M ar. 119 Jau. 120*4 A p r. 29 !?* A pr. 101?* M a r. 4 105 Jan. I l l * * M a r. 12 106*4 A pr. 109*4 Feb. 25 Jan. 2 320 227*4 Feb. 11 Jan. 11** Jan. 3 Feb. 10 79 645* Jan. 90 Feb. 94*4 Jan. 21 Jan. 13 94 88*4 A pr. 102 Jan. 108*4 Feb. 2 42 Jan. 57*4 M ar. 3 43 A pr. 58*4 Jan. 14 Jan. 13 47 M ar. 57 105** Jan. 20 102** M ar. 22?* Feb. 30*4 A pr. 16 2054 A pr. 29 12*4 M ar. 37 M ar. 42 ?4 Jan. 2 36?* Jan. 55*4 A pr. 6 92 Jan. A pr. 16 99 103 A pr. 107** M a r. 6 86** Jan. 101** M a r. 6 13 M ar. 2 1 ** Jan. 14 4 }* Jan. 7*4 Jan. 3 91 Jan. 99** M a r. 3 107 Apr. 111*4 Jan. 3 11?* M ar. 19** Jan. 2 4 % Apr. 6*4 Jan. 5 80 80 .Ian Jan. 23 67** M ar. 94*4 Feb. 5 105*4 Jan. 20 104*4 M ar. 58 A pr. Feb. 11 89 25?* 30 100 69 A pr. 24 37*4 Jan. 7 M a r. 14 43** Jan. 3 Jan. 7104 *4 Feb. 26 M a r. 301 77?* Jan. 21 45 A p r. 43 Jan. 34*4 Jan. 1 48*4 Jan. 9 2 50 Jan. 12 5 37*4 Jan. 20 May, 1925.] STOCKS H..Y. s t o c k exchange S A L E S TO M A Y 1. In A p r il. Since Jan. 1 Price about Jan. 2 1925. Par Shares. Houston Oil o f Texas____ 100 21.900 Hudson M otor C ar___no par 266,400 Hupp M otor Car C orp___10 54,700 Hydraulic Steel_______no par Preferred______________ 100 700 Indep Oil & Gas_____ no par 188.900 Indian M otocycle____ no par 3,300 Preferred______________ 100 200 Indian Refining__________ 10 5,800 Preferred______________ 100 Ingersoll-Rand__________100 144 Inland Steel______________ no par 8.40C Preferred______________ 100 70C Inspiration Cons C o p p e r ..20 19,200 Internat Agricultural.no par 7,300 Prior preferred________ 100 300 In t Business Machines no par 6,400 Internat Cement_____ no par 18,000 Inter Combus Eng___ no par 122,500 Rights____________________ Internat H arvester______100 27,500 Preferred______________ 100 1,700 Internat M erc M arine___100 7,600 Preferred______________ 100 70,200 International N ick el_____ 25 340,300 Preferred______________ 100 300 International Paper_____ 100 56,000 Preferred______________ 100 Preferred stamped____100 4,200 International Salt______ 100 33 International Shoe___no par 2,200 Preferred______________ 100 200 In t Tel & T e l____________100 20,700 Rights 3,100 intertype Corp 400 Invincible Oil C orp ___no par Iron Products C orp______ 10 Preferred______________ 100 Jewel Tea Inc___________ 100 2,500 Preferred______________ 100 500 4,700 Jones Bros Tea In c _____ 100 600 Jones & Laugh Steel p ref. 100 Jordan M otor C ar____ no par 45,700 Kansas C ity L t 1st p f.no par 200 Kansas & G u lf____________10 1,400 10,400 Kayser (J) & Co new.no par First preferred new.no par 100 46,600 Kelly-Springfield T ire____ 25 900 Preferred 6 % _________ 100 6,800 Preferred 8 % _________ 100 2,100 Kelsey Wheel In c________ 100 300 Preferred______________ 100 100,600 Kennecott Copper___no par 8,700 Keystone T ire & Rub.no par 1,200 Kinney (G R ) ____________ no par 800 Preferred. . __________ 10(1 3,133 Kresge (S S) C o _________ 100 100 Preferred______________ 100 3,400 Kresge Dept Stores___no par 400 Preferred______________ 100 100 Ku uppenheimer .5 400 B preferred. .100 Shares. 247,700 737,700 159,500 13,300 1,500 1,841,349 16,800 200 94,200 1,300 864 78,000 3,400 100,200 58,900 400 34,500 59,739 767,600 25,200 7,600 29,000 2,300 164,500 3,100 30,000 46,100 1.200 150,000 2,100 10,200 9,500 1,200 908,800 71,500 11,600 1,500 7,908 200 33,000 2,100 300 800 20 103 20% 111% 49 99 % 26 86 17 52% 45 97% 109 56% 2 85% 96 475 21 Sale Sale 113 Sale Sale Sale 27% 89% Sale 53% 51 Sale 110 Sale Sale Sale 98 490 44 90 26 96 44% 90% 28 100 6,800 Laclede Gas (St Lou is)..10 0 Preferred______________ 100 7,100 Lee Rubber & T ir e ___no par 8,000 Lima Loco Works____ no par 652 Liggett & M yers Tob pf.lOO 5,200 N ew ____________________ 25 13,300 B new___________________25 R ig h ts ____________________ 190,100 Loews Incorporated..no par 61,500 Loft Incorporated____ no par 19,400 Long Bell Lumber A . .no par 6,700 Loose-Wiles Bis tr ctfs___100 100 First preferred________ 100 100 2d preferred__________ 100 300 Lorillard (P ) pref________ 100 14,300 N e w ____________________ 25 68,900 Louisiana O il_________ no par 61,600 Ludlum Steel_________ no par 1,100 M cC rory Stores, cl B .n o par 300 Preferred______________ 100 M clnture Por M ines______ 5 3,300 800 M ackay Companies_____ 100 500 Preferred______________ 100 678,300 M ack Truck In c_____ no par 1st preferred__________ 100 1,400 Second installment paid 800 2d preferred__________ 100 8,500 M a c y _________________ no par 300 Preferred______________ 100 35,700 Magm a Copper______ no par R ig h ts ____________________ 46,200 Maltinson(H R )& C o.n o par 3,300 Preferred______________ 100 1,300 Manati Sugar___________ 100 100 Preferred______________ 100 5,600 Manhattan El Supp_.no par Manhattan Shirt_________ 25 7,300 Preferred______________ 100 97,900 Manila Electric Corp.no par 22,100 Maracaibo Oil E xpl___no par Marland O il______________ nopar 285,300 2,700 M arlin-Rockw eli_____ no par 5,200 M artin Parry C orp___ no par R ig h ts __________________ 23,000 Mathieson Alkali Wks.no par Preferred______________ 100 Rights _____ ___________ 227,650 M axw ell M o t W Y cl A . .100 Class B ____________ no par 1,245,700 3,300 B certificates____________ 21,800 M a y Dept Stores_________ 50 198 Preferred______________ 100 Mergenthaler L in o ty p e .. 100 200 M etropol Edison pref.no par 8,300 M etro-Goldw yn Pic pref..27 Mexican Petroleum_____ 100 89,800 Mexican Seab’d O il___no par 40,400 M iam i Copper____________ 5 63,200 M id -C on t'l P etrole’m.no pa500 Preferred______________ 100 45,200 M iddle States O il_________ 10 Certificates . ____ to 1,600 Midland Steel Prod p ref. 100 M id vale Steel & Ord_____ 50 4,900 M ontana Pow er_________ 100 600 Preferred______________ 101 203,500 M ontgom ery W ard & C o . 10 49,100 M oon M o tor C ar_____ no par 22,900 M other T,ode C oali. .no par 16,400 M o tor W heel tern ctfs.no par 6,700 Mullins B ody_________ no par 100 Preferred______________ 100 2,200 Munsingwear_________ no par M u rray Body ctfs___no par 7,300 16,900 Nash Motors C o _____ no par 600 Preferred______________ 101 2,800 N ational Acm e stam ped..10 38,300 100 31,800 144,500 10,252 29,900 80,400 100.600 522,200 162,700 33,400 57,700 750 500 3,300 193,700 631,100 426,300 6,400 1,000 21,875 3,000 3,100 1,463,500 6,000 3,700 3,300 92,300 1,500 163.400 68,340 226,900 4,400 6,900 1,700 67,100 86,800 200 115,300 252,500 1,724,900 16,000 55,600 32,700 115,400 60 45,951 567,750 2,266,030 3,300 149,100 898 111 76 12% 70% 116% 66 66% 27 STOCKS-STOCK EXCHANGE RECOKD 140,600 6,300 120,600 552,900 904,020 4,605 295,800 300 18,950 433 6,100 600 61,500 50,400 10,100 25,070 4,100 Bid. 81 35 % 18 1H 6 1614 16 A p r il 1. Ask. Bid. Sale 63% Sale 43% Sale 15% Sale _____ 5 Sale 24% 17 13% 9 Sale 13% 255 Sale 107 Sale Sale 6% 70 230 41 103% 22% 9 117% Sale 52% Sale 37% Sale 112% 54% 36% 107% 112 13% 45% 27 95 59 102 114% 11% 41 27 97% 50% 102 73% 70 117 117% 88 2% 23 Sale Sale Sale Sale Sale 98% Sale 108 Sale 77% Sale 125 Sale Sale 25 107% 115% 11% 41% 29% 96 56 103 73% 70 125 117% 89% 80 90 72 18% 107 17% 113 46% 99% % 20 80 14 41 43% 85 109 47% 2% 75 95 375 Sale 109% Sale 114 Sale 100% % Sale 90 Sale 44 50 90 110 Sale 2% 76 105 Sale 5% Sale 73 Sale 115 Sale Sale Sale Sale Sale 75 115 Sale 117% 120 92 Sale 26 Sale 15% Sale 90 92 35 Sale 90 92 26% 29 98 99 23 176% Sale 160 85 85 13 13% 11% 12 Sale 63 Sale 64 119% 118% Sale 116% Sale 57% 58% 60 Sale 59 57% Sale 23 Sale 6% Sale Prices. A pr. 7 A pr. 15 A pr. 15 7% A pr. 2 7% 9 Sale 21% A pr. 17 26% 13 A pr. 3 17% 16 9 92 8% 6% A pr. 8 8 85% 227% A pr. 21 236 243 39 A pr. 29 42% Sale 104% A pr. 13 105% 107 22% 22% A pr. 22 24 Sale 93 i A pr. 3 12% 14 A pr. 1 122% Sale 112 Sale 54% A pr. 2 62% 32% A pr. 27 38% Sale Apr. 20 A pr. 7 Apr. 25 29 A pr. 24 5% Jan. 77 M a r. Apr. 24 219% M a r. Apr. 6 39 A pr. Apr. 28 104% A pr. A pr. 9 22% A pr. Apr. 16 7% Jan. 30 Apr. 28 110 M a r. A pr. 29 52 Jan. Apr. V 31% Jan. Sale 101% A pr. 1 A pr. 16 Sale 114 10% A pr. 13 12 40 A pr. 2 Sale (1 26% A pr. 2 Sale 97% 97% A pr. 17 48% A pr. 3 Sale Apr. Apr. Apr. Apr. A pr. Apr. A pr. Sale 59 43 15% 72 71 117 119% 119 87% Sale 2 22 25 Sale 77 110% 115% 11% 44% 30% 98% 56 A pr. 9 74% A pr. 6 A pr. 6 71 Apr. 6 Apr. 23 A pr. 1 125 A pr. 18 119% Apr. 21 Apr. 3 90% Apr. 15 1 A pr. 1 A pr. 9 24 Apr. 6 Sale 148 91 12 14 62 Sale 116% 120 58 Sale 59% 57% Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. A pr. Apr. A pr. A pr. A pr. A pr. A pr. A pr. A pr. Apr. A pr. A pr. A pr. 4 19% 3 107% 13 19 24 113% 3 52% 21 99% % 24 4 26% 13 85 1 17% 6 51% 3 51% 2 96 2 109 21 49% 15 2% 27 80 11 100 28 397 27 113% 20 35% 18 91 11 26% 4 98% Apr. 23 177 Apr. Apr. A pr. A pr. A pr. Apr. A pr. Apr. Apr. Apr. A pr. Apr. Apr. A pr. Apr. A pr. A pr. 99 68 115 44 Sale 100% 102 101 69% 76% Sale 78 118 1 1 5 % _____ 115 Sale 37 Sale 38% Sale 101 Sale 75% 115% 116 36 Sale A pr. A pr. 16 102 A pr. 1 78% Apr. Apr. 8 116% Apr. Apr. 1 39% Apr. Sale Sale Sale 13 Sale Sale Sale Sale 12 Sale 26% 90% 48 79% 47 23% 106 35 26 37 11% 29% Sale Sale 50 82 Sale 24% 24 82 50 80 51 21% A pr. 1 29 A pr. 1 92 Apr. 18 51 Apr. 3 80 Apr. 29 55% A pr. 2 26% A pr. A pr. Apr. Apr. Apr. Apr. Sale Sale Sale Sale 31% 25% 34% 11% 26% A pr. 2 49% A pr. 2 27% A pr. 2 38% A pr. 27 12% A pr. 21 29% Apr. Apr. Apr. Apr. A pr. A pr. 56% Sale 94 100 61 Sale . . . . 98 67% 69 61 81% Sale 36 Ssle 107% 85% 85 102% Sale 105% 119 _____ 122 Sale Sale 87 55% 77% 102 120 110% Sale 121% 124 ____172 97% 98 18 Sale 192 ... . 21 Sale 23 Sale 2,400 74,400 110 403,300 240,600 63,200 500 1% Sale 152,800 300 Sale 10,900 96 1,300 28% 29% 42,300 71 72 1,300 107% 110% Sale 1,153,600 47 158,500 23% Sale 152,800 9 Sale 16,400 24,400 16% 17 87 400 80 Sale 6,200 33 16,500 Sale 55,300 198 15,100' 104% Sale 18,100 6% 6% 88% Sale 56% Sale 98% 100% 19 Sale 260 12% Sale 11 Sale Sale 125 97% 98% Sale 20 260 16% Sale 9 Sale 28 Ml Sale 84 1 98 65% 108% 44% 24% 6% 16% _____ 31 37% 292% 105% 4% Sale 102 % Sale 1 74 100 A pr. 2 101% 17 67% 4 110% 1 49% 1 27% 7% 30 9 1 20 13 82 23 31% 17 37% 1 368% 22 106 1 6 Jan. A pr. Feb. Feb. A pr. Feb. Jan. Feb. Feb. Jan. A pr. Feb. Feb. 23 30 5 5 24 6 13 27 11 10 23 28 19 25 3 13 18 18 6 19 26 9 17 2 18 3 23 9 2 27 18% 102% 16% 111% 42 99 % 18% 83 12% 43 41 88 107% 46% 1% 74 95 355 110% 31% 88 26% 98% 20 74% 18 33% 30 77% 13 101 24 116% 97% A pr. 21 98% A pr. 3 19 A pr. 1 20% A pr. 14 66 64 A pr. 67 Sale 111 110% 112 109% Apr. Sale 44 Apr. 47% Sale Sale Sale 24% A pr. 25 6% Apr. Sale ’ 6% Sale 18% Sale Sale 18% Sale 16% Apr. 82 A p r. 82% 88 88 32 31 Sale 30% Apr. Sale 32% Apr. Sale 36 Sale 358 Sale 292% A pr. Sale 104% 105 ,104% Apr. Sale 1 4% A pr. Sale 5 100% Sale A pr. A pr. 3 I l l Apr. A pr. 2 89% A pr. A pr. 24 85% A pr. A pr. 27 107% A pr. A pr. A pr. 7 123 12% A pr. 2 19% 9 A pr. 29 11% 17 83% Apr. 15 1 % Apr. 16 110% 115% 14% 52% 30% 99% 62 110% 76% 77 125 120% 97% M a r. M ar. A pr. M a r. M a r. Jan. M a r. 103 Feb. 71 M a r. 67 M a r. 108 Feb. 119 A pr. 87% A pr. 2 M a r. 22 A p r. 15% Jan. 82 Jan. 26% Jan. 5 22% Jan. 9 105 Feb. 10 M a r. 31 Feb. 20 Feb. 5 Jan. 14 M ar. 3 Feb. 6 Feb. 6 Feb. 6 A pr. 28 A pr. 6 A pr. 21 M ar. 7 M a r. 12 M a r. 16 Jan. 12 Jan. 13 Feb. 3 M a r. 4 Jan. 13 A pr. 22 Feb. 24 Feb. 4 Feb. 26 A pr. 18 Feb. 18 Feb. 9 Feb. 27 Jan. 10 A pr. 20 Jan. 2 Feb. 9 Jan. 23 A pr. 15 Feb. 26 Feb. 9 M ar. 10 Jan. 3 M a r. 12 A pr. 24 Jan. 31 Jan. 31 M a r. 20 Jan. 7 Feb. 6 A pr. 18 36% 92% 102% 16 115% 68 118% 106 29% 28% 38% 12% 35% 9 2 22 12 5 16 9 29 6 1 110% Jan. 5 178 81 Feb. 20 81 18 11% Feb. 20 15 15 61 % M a r. 31 74% 1 116% Jan. 16 120 20 57 M a r. 25 71% 20 55% M a r. 27 70% l \ i Jan. 27 9% 28 22 Feb. 17 29% 6 9% 6 Jan. 28 21 45% M a r. 20 52% 15 77 Feb. 17 97% 15 104% Feb. 13 109 2 104 Feb. 11 111 14 108% Feb. 27 112 20 30% Jan. 24 37% 7 14% M a r. 31 23% 23 31% Feb. 17 55 6 79 M a r. 17 94% 22 102% Feb. 16 107 2 16 Jan. 2 18% 30 114 M a r. 20 117% 2 66 M a r. 12 78% 18 117 Jan. 16 152% 21 104 Jan. 27jl09% '116 Jan. 5 137 21 1 99 Jan. 2,104 7 69% Jan. 3 84% 20 114% Jan. 20 116% 16 34 M ar. 31 44% % Feb. 24 1% 21 21% M ar. 30 37% 15 81 M ar. 16 92 14 50 Jan. 5 53% 3 79% M a r. 30 82 15 32 M ar. 21 59 9 20% M a r. 16 30% 105 M ar. 12 105 24 28% M ar. 5 49% 7 25% A pr. 2 35% 8 32% M a r. 30 46% 6 10% M a r. 13 13 15 25% M a r. 24 37% % Feb. 2i % 18 51 Jan. 6 74 A pr. A pr. A pr. A pr. A pr. A pr. A pr. A pr. A pr. Apr. A pr. A pr. A pr. A pr. Apr. A pr. A pr. Sale Sale 52 80 Sale 22 6 Jan. Feb. Jan. Jan. Feb. Jan. Feb. A pr. M a r. Apr. 24% 6% 46% 81% 105 109 HO 109% 34 Sale 15% Sale 32% Sale 83% 82% Sale 106 16% Sale Sale 116 67% Sale Sale 128% 108% 107% 24 82 50 79% 52% 21% 105 33 26% 34% 11 27% 10% Feb. 249 50 110 32% 13% 52% 30 125 5 62% 21 44 Feb. 26 Feb. 25 Feb. 3 M a r. 23 M a r. 3 M ar. 12 Jan. 28 Jan. 5 Jan. 13 Jan. 3 Feb. 4 A pr. 20 Jan. 13 M a r. 25 Jan. 13 Feb. 5 Jan. 3 Feb. 3 M a r. 24 A pr. 27 Jan. 7 Jan. 31 Feb. 11 M a r. 13 Sale Sale Sale Sale 107 115 339^ Sale 85 90 48 53 80 83 43% Sale 30% Sale 7% A pr. 20 33% M a r. 6 20 Jan. 3 30 21% 19 110 31 21 % 9 115 27 59% 2 101% 24 1% 17 27% 30 90 24 17% 25 53 25 51 % 26 101 27 110 30 57% 9 3% 25 87 11 100 28 532 23 113% 21 45% 16 93 19 27 4 100 28% 8 49 82% 102 *108 10 <% 34% 16 37% 82 106 16% 117 67% 144% 107% 77% 102% 102% 108 34% Prices. Jan. 29 A pr. 15 Jan. 5 6 20 24 3 16 21 2 29 13 18 7 20 28 2 15 6 6 4 2 27 1 2 11 4 Apr. 2 14% Apr. Apr. 2 65 Apr. A pr. 24 118% Apr. A pr. 4 60% Apr. Apr. 6 59% Apr. 1 29% 1 9% 1 52% 8 85% 15 105 2 109 22 110% 1 34% 2 17% 22 40 27 85% 30 107 13 17 6 117 22 67% 1 152% 3 108% 2 24 17 29 13 22 7 Sale 85 54% 19% A pr. Apr. A pr. Apr. Apr. A pr. A pr. A pr. Apr. A pr. A pr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. A prl 24% 6% 46% Sale 82 106 105 106 109 111 108% Sale 34 15% Sale 37% 94 82 107 102% Sale 17 117 114% 68% 67% Sale 129% 107 107% Sale Sale Sale Sale 107 _____ 111 Sale Sale Sale 85 105% 17% 120 Sale Sale Sale Sale Prices. 59 A pr. 22 33% Jan. 5 14% M ar. 18 1 % Jan. 8 6 Jan. 5 13% Jan. 5 13 M a r. 24 18 96% 30 114 29 10% 18 39% 24 24% 15 94 30 48% 75 18% 107 16% 113 45 99% % 19% 85 14 48 43 88% 109 46% 2% 75 95 355 113% 32 89% 26% 98% Highest. Lowest. Sale Prices. A pr. 22 65 A pr. 2 54% A pr. 1 17% 18 19 107% Sale 17 17% 113 113% Sale 47 100 % Sale 25% Sale 86% 91 17 Sale 47 52 50% Sale 88 96 107 112 47% Sale 2% Sale 73% 74% 95 97 375 380 113 115 32% 34 88 90 25 27 98% 100 Sale Highest. Lowest. A p r il 30. Ask. Bid. Ask. Sale 59 Sale Sale Sale 51 Sale 16% Sale 7% 25 15% 81 7% 7 85% 75 237 240 Sale 39 108 105% Sale 22% 9% 11% 50 Sale 120% 62 Sale Sale 35% 246 47% 105 % 32% 7 Vs R A N G E S IN C E J A N . 1. P R IC E S I N A P R IL . 97% 18 225 Apr. 13 11% A pr. 1 9 7 26% 15 83% A pr. 1 % 1 % Feb. 13 A pr. 21 96 29 A pr. 28 64 A pr. 18 109 Apr. 13 41 A pr. 17 22% A pr. 3 6% 11 18 Apr. 15 14% Apr. 13 82 Apr. 15 30% Apr. 1 32% A pr. 18 193% A pr. 9 103% Apr. 231 4% M a r. Jan. M a r. Feb. Jan. Jan. A pr. M ar. M a r. M a r. M ar. M ar. M ar. Jan, M ar. Jan. M ar. A pr. A pr. M ar. Jan. Jan. M a r. A pr. 6 111 89% 85% 111% 123% Feb. A pr. A pr. A pr. Jan. Jan. 10 20 18 30 2 16 101 22% 250 22% 24% 29% 85 " 1% 1% 2 105% 2 17 72 20 111 30 55% 19 27% 30 9% 9 19% 2 21% 13 87 23 34 17 42% 5 368% 2L106 24 7% M ar. Feb. M ar. Jan. Jan. A pr. A pr. Jan. Feb. M a r. 17 5 20 6 13 7 15 13 13 3 Jan. Jan. Jan. A pr. Jan. A pr. Feb. Jan. Jan. M a r. A pr. Feb. Jan. 3 23 13 17 2 11 20 9 23 7 18 28 13 Jan. Jan. A pr. M a r. M a r. 27 27 24 23 6 A pr. Jan. Feb. M a r. A pr. A pr. A pr. A pr. 21 3 5 17 29 17 15 16 Jan. Feb. A pr. M ar. M ar. M ar. A pr. A pr. Feb. A pr. A pr. A pr. Jan. Jan. M ar. STOCKS STOCK EXCHANGE RECORD S A LE S TO M A Y 1. In A p r il. Since Jan. 1. Shares. 15,800 1,200 7.600 300 44.300 8.000 2.600 60.200 11.400 4,400 300 11.700 1.500 9.200 300 13.900 1.400 900 7.100 1.500 24.500 100 2.951 13.650 3,300 900 5.300 83.200 6,000 300 900 600 800 7.200 100 26,000 200 40.900 2.700 16.600 100 4.200 5.800 500 203.700 500 282.500 2 "0 0 7.800 67.700 465,300 400 700 4 8.800 600 200 47.700 250 6.000 17.500 1.000 35.100 400 200 15.200 180.100 400 200 168.700 10 5,300 5.700 8.900 1.800 62,500 19.200 4.100 100 17.300 700 3,075 900 56.000 300 4.300 300 17.200 500 650 33,700 700 7,900 2.200 400 20.800 27,300 60.400 600 632.200 2,300 5,900 300 400 42,900 22,500 100 500 29.700 48.000 300 97.000 20.600 700 4.300 100 .33.200 30.900 85.600 10.200 1.000 63,700 3,400 27,200 Shares. 126,800 3.700 29.900 5.600 106,800 56.300, 10.9801 69.200 51.2001 58.600 3.800 80.500 4.100 69.0001 Price about Jan. 2 1925. Bid. 73 126 5 4 67 5 4 99 42 3854 102 ___ 20 110 69 X 99 25 X 101 X 148 39 X 29 X 105 69 50 138 116 33 16X 11 64 52 X 100 100 108 21 62 X 6,000 93 X 219,200 15 X 200 140.900 75 X 3.900 119 X 8,500 92 100 A p r il 1. A p r il 30 Ask. Bid. Sale 6654 124 69 67 100 100 Sale 45 Sale 4154 Sale 97 53 Sale 33 Sale 80 84 160 5 Sale 4 116 117 61 X Sale 1.200 104 Vs Sale 1001 1; I Sale 68.400 16 56 3.600 52 93 1.400 Kt Sale 65.500 56 57 10.900 55 38.700 34 X 35X 200 6.1 5 7 30" 27.950 '29 Sale 10.800 55 2.700 20 4.500 96 5 98 4 1.400 4354 4554 Sale 13.100 29 400 797.500 42 5 Sale 4 38.300 46 X Sale 7 54 8 5 4 4.300 4.000 6 6X 7.500 1854 22 2 .0 0 0 79 83 X 60.800 27 54 Sale 100 1 .2 0 0 ; 97 Sale 81.225 90 1.2001 102 10754 Sale 205,200 10 15,7001 60 X 62 143.800 47 X Sale 200 Sale 21.900 103 Sale 9 12.900 500 1,682,100 54 X Sale 5.550 *7 54 ' 4 96 1.400 93 1.100 781.000 1554 Sale 103 9 800 102 7.800 Sale 619,you 05 2.992.400 64 X Sale 2X 3 30.700 2.400 38 X 44 5,900 76 " ‘>0 34 X Sale 8.800 Sale 13.400 26 200 2 Sale 832.800 ........ 650 104 115 41.000 114 75.200 56 X Sale 4.281 45 X 46 418.800 48 X Sale 49 X 600 49 Sale 9.200 85 88 17.500 82 74.700 14 X Sale 1.398.400 36 X Sale 23 2.400 20 92 1.100 85 242.700 14 X Sale 198,400 50 X Sale Sale 11.600 89 1 X Sale 128.800 33.100 25 X Sale 5 X Sale 559.800 Sale 59.300 49 8.100 98 X Sale 3,500 101 X Sale 62 38.700 61 4.100 86X Sale Sale 52.775 15 5.200 Sale 900 53 243.600 103 X Sale 117 1.100 116 96.150 61 X Sale 7.400 87 X Sale Sale 140.300 29 43 X 8.200 43 3,650 209.700 3,800 42.300 51.700 5.700 2.200 165.900 1 14.600 481.800 5,300 2,877,010 21,550 73,600 2.900 1,600 348,300 100 400 214.700 700 300 1.400 272.600 249.800 P R IC E S I N A P R IL . ----- Ask. Bid. 65 Sale _____ 125X 69 69 X 100 102 Sale 51 X Sale 41 X 97 54 96 X 33 X 62 61 65 X 27 31 X Sale 80 80 85 146 Sale 141 Sale 116X 116 I 61 X 64 62 X 105X 10854 106 200 200 12 1354 Sale 55 59 X 61 X 90 8754 93 43 4554 Sale Sale 52 52 X 36 X 32 5 Sale 4 94 95 X 96 X X Sale 20 24 X 26 X 58 54 63 X 21 21 54 27 9854 99 98 X 50 57 2854 Sale 28 X 104X 104 X Sale 45 45 48 X 48X Sale 9 9 9X 554 Sale 5X 23 23 21 80 77 X 79 27 X 27 54 Sale 100 98 99 X Sale 112 99 101X 9 Sale 10 56 53 X Sale 46 4454 Sale 110 ____ 110 .105 X Sale 105X 7 X Sale OX 59 57 54 X Sale 100 105 100 94 X 97 94 X 19X Sale 109 Sale 84 11X 44 I 88 I 2 31 6X 48 85 95 43 81 X 13 X 13X 41 107 116 53 X 82 23 45 ........ Sale Sale Sale 105 X Sale Sale Sale 119 35 Sale 12X 73 Sale Sale 105 120 Sale Sale Sale Sale 104X 132 41 X 26 X 104 51 X 50 X 124 114 33 X 12X 93 X 105 Sale Sale Sale Sale Sale Sale Sale 117 35 Sale 50 X 46 X 69 X 111 112 153 X Apr. 6 28X A pr. 17 28X Apr. 2 98X A pr. 44 X 48 9X 5X 21 79X 27X 99X 99 103X i 9 | 53X 44X 110X 104X 5X 59 54X 100 6 99 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 46 X 48 X 9X 6X 23 81 28 X 99 X 118X 104 10X 60 X 47 X 110X 106 9X 59 58 X 100 93 X 104 131 X 42 X 26 X 101 60 X 50 X 123 116X 38 X 12 12 2 68 X 63 Sale 66 101 101 111 110 Sale 13 X Sale 42 X Sale 85 X Sale 14 X 150 Sale 74 X 121 X 97 X 93 X 4X Sale 48 X Sale 47 Sale 65 X Sale 109X 115 111X Sale 162X Sale 105 Sale Sale Sale 10 3X Sale 51 Sale Sale 40 Sale 11 70 Sale 105 105 113 Sale Sale 86 X Sale 150 Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. A pr. Apr. A pr. 7 28 4 11 30 11, 15 13 17 16 1 3 7 18 24 29 30 30 7 3 2 7 26 29 29 12 2 30 21 21 12 9 4 29 22 2l 7 24 27 3 7 18 30 25 1 4 1 3 1 7 28 24 2 1 7 4 4 30 11 2 27 22 9 17 1 4 31 2 3 3 11 5 30 3 1 28 1 6 10 110X 108X Apr. 1 110 64X Apr. 28i 67X S ile 100 X 99X Apr. 14 101 X Sale 20X Apr. 29 23X Sale Sale Sale Sale 349.700 5.3 X Sale Sale 217,710 45 571.800 84 X Sale Sale 101.950 114 112X 5.400 110 563,110 153 X Sale 1 X Sale 98.700 7X 7X 10.700 35,900l 57 Sale 110 Sale Sale 9X 6X Sale 83 28 100X 114 104X Sale Sale Sale 112 Sale Sale Sale Sale 115 96 X Apr. 27 13 X Apr. 6 Apr. 24 63 X Apr. 24 Apr. 3 95 Apr. 27 Apr. 30 46 X Apr. 4 Apr. 1 5 I X Apr. 8 Apr. 1 39 X Apr. 18 Apr. 4 96 X Apr. 30 Apr. 6 X Apr. 3 Apr. 4 31 X Apr. 14 Apr. 6 67 Apr. 13 110 68 X 100 23 108 X 66 X 100 23 Sale 73 X 120X 120 X 94 94 Sale 66 25 11 X 59 X 90 43 52 32 95 X X 22 X 57 X Sale Sale 46 Sale 415 64 X 94 Sale Sale 23 90 Sale Sale 90 2X 33 Sale Sale Sale 97 Sale 84 Sale 13 X 50 Sale 116X Sale 82 Sale 45 X 111 Sale 100X Sale 63 68 X 100 101 108 15X 46X 88 13X Sale 67 94 Sale Sale Sale Sale Sale 111 Sale Sale Sale 4X 57 IX Sale Sale 1 X 106 Sale Sale Sale Sale 47 Sale 40 63 93 14 X Sale 20 92 Sale Sale Sale Sale Sale Sale Sale Sale 97 38 Sale Sale 13X 50 Sale 117X Sale 83 Sale 45 14X Sale 102 I X Sale i 20 Highest. 20 X 109 X 17 X 74 74 3X 43 IX 27'^ 24 X 12 104 X IX 105 115 X 54 X 46 39 38 X 60 X 85 13 X 39 X 18 84 14 51 X 95 l.X 32 X 6X 39X 83 X 95 32 81 13 X 13 41X 113 X 116X 51 82 23 X 44 X 77 X Sale 78X Sale 2X 4X 59 X 60 IX IX 29 X 30 115 52 X 44 39 X 40X 60 84 13 X 37 X Lowest. Ask. Sale Prices. Sale Prices. A pr. 29 67 X A pr. 1 Sale 65 A pr. 16 126 . . . . [24 A pr. 23 1 Sale A pr. 23 66 X A pr. 9 71 A pr. 21 101 101 102 Apr. 21 Apr. 1 54 X Apr. 29 Sale 45 Apr. 9 Sale 41 X A pr. 1 42 A pr. 15 98 X Apr. 14 97 X 96 A pr. 9 35 X Apr. 2 ! Sale 30 Apr. 22 67 X Apr. 24 60 Sale Apr. 30 31 X Apr. 1 25 Sale Apr. 30 81 80 Sale Apr. 15 Apr. 27 148 X Apr. 6 1 Sale Apr. 1 117 X Apr. 4 1 119 Sale 61 X Apr. 2 65 X Apr. 24 Apr. 17 110 Apr. 22 110 18X 109 17 X 71 X 71 X 3 1X 27 >4 24 X 1 i 104X In 105 113 51 X 46 38X Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 15 I X Apr. 30' 31 Apr. 28 28 Apr. 21 105X 1 1X 13 105 22 117X 55X 46 X 42 X Apr. Apr. Apr. Apr. Apr. Apr. Apr. 60 83 X 13X 36X 18 81 11X 44 90 1X 31 X 6X 39 8 3X 96 X 30 81 13 13 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 3 63 15 84 231 15 X 2 40 X 28 18 271 84 1 17X I! 60X 3 99 271 2 X 27 35X 13 7 30 48 30 88 3 96 X 27 43X 30 81 X 16 14X 16 14 8 Apr. 1 23X Apr. Apr. I 109 <, A p r. / Apr. 29 18 X Apr. 7S 8 Apr. A p r. Apr. 79X Apr. Apr. 3 X Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 102 X 116X 52X 83 22X 44X 93 104 129X 41 X 25X 103 49X 50X 123 116X 35X 11X i 1 t X Apr. 1 1 Apr. A pr. Apr. Apr. Apr. A pr. Apr. Apr. Apr. A pr. Apr. Apr. 3 93X Apr. 23 104X Apr. 13 138 Apr. 45X Apr. 27X Apr. 105X Apr. 64 Apr. 51 X Apr. 127 Apr. 30 116X Apr. 22 37X Apr. 22 13X Apr. 65X Apr. 105 Apr. 72 105 Apr. A pr. 110 13X 42X 88 13 Apr. Apr. Apr. Apr. Apr. 113X 16 47X 88 16X Apr. Apr. Apr. Apr. Apr. 73 X 120X 91 4X 48X 44X 62 X 108X 110 150X Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. A pr. 75X 122 96 X 4X 51 X 47X 72 X 112 114 165 A pr. A pr. A or. A pr. A pr. A pr. A pr. A pr. Apr. A pr. 5 X A pr. 22 7 A pr. 1 6 6X 50 X Sale I 41X A pr. 4 54X A pr. 23 11 7 3 9 23 12 1 5 5 2 23 1 8 20 20 20 5 26 5 1 3 5 8 1 7 6 2 1 5 2 1 7 1 3 23 3 3 Apr. 3 118X Apr. Apr. 2 116X Apr. Apr. 2 57X Apr. Apr. 11 8 i X Apr. Apr. 17 24X Apr. Apr. 22 45 X Apr. Apr. Apr. Apr. Apr. 29 23 3 3 26 26 11 10 1 4 2 1 6 9 1 3 7 1 '28 1 2 27 26 22 1 1 11 12 3 7 4 2 2 4 5 1 6 24 9 8 3 6 2 1 3 29 1 3 3 1 3 5 9 10 29 20 30 3 1 1 4 3 9 1 9 1 3 5 3 2 3 STOCKS N. Y. STOCK EXCHANGE 29 STOCKS-STOCK EXCHANGE RECORD M a y , 1925.] S A L E S TO M A Y 1. /n A p ril. Since Jan. 2- Price about Jan. 2 1925. R A N G E S IN C E J A N . 1. P R IC E S I N A P R IL . A p r il 1. A p r il 30. Lowest. Highest. Highest. Lowest. Sale Prices. Ask. Bid. Sale Prices. Sale Prices. Ask. Sale Prices. 4 4144 4 0 4 42 4 0 4 A pr. 27 4154 A pr. 7 40 4 M ar. 31 45*4 Jan. 30 Sale 4 23 44 A pr. 17 2454 Apr. 7 22 4 Jan. 16 2854 Feb. 4 2354 Sale 4 101 101 10144 1004 A pr. 9 101 4 Apr. 24 nnu Jan. 2 1(R 4 Jan. 24 A pr. 11 10654 Apr. 7 106 Apr. 11 10654 A pr. 7 106 1054 A pr. 7 1944 M ar. 17 26*4 Jan. 12 Sale 2254 Sale 2154 A pr. 2 24 Apr. 7 31 4 M ar. 17 3844 Feb. 6 Sale A pr. 1 36 Sale 35 33 4 Apr. 2 I 1 4 Jan. 7 103 M a r. 27 ,1 4 102 4 10444 102 54 A pr. 27 103 Sale Sale 17 Jan. 6 24 5 Feb. 2 19 4 18 4 A pr. 21 20*4 Apr. 6 Apr Sale A pr. 2 89 87 8 8 4 85 4 78*4 Jan. 2 94 44 Feb. 3 A pr. 7 21*4 M ar. 30 30 4 Feb. 3 Sale 4 2354 Sale 22*4 Apr. 17 26 Apr. 18 80'4 M ar. 30 97 A pr. 27 85 Feb. 5 Sale 8154 Sale 81 96 4 4 92 4 9 5 4 92 4 A pr. 8 92 5 A pr. 15 92 4 Apr. 8 9854 Feb. 2 Apr. 14 62 Sale A pr. 20 71 M a r. 2 Jau. 6 73 64 70 66 Apr. 28 99*4 Jan. 9 108 A pr. 28 103 M a r. 4 101 101 107 108 103 4 M ar. 2 { 9944 Apr. 28 { 98 97 101 10044 99 5 A pr. 28 99 4 Apr. 28 4 4 Sale 19 1544 Sale 1544 A pr. 2 19*4 Apr. 30 I 5 54 Feb. 17 19 . Jan. 7 Sale A pr. 1 97 4 Apr. 30 92 Apr. 1 97 4 Apr. 30 92 92 4 4 97 44 Sale A pr. 2 46*4 Apr. 24 4(1 4 Jan. 2 4754 M ar. 3 43 4354 Sale 45*4 Sale Sale A pr. 7 52 4 Ap-. 28 50'4 M ar. 27 5.3 K Feb. 11 52 51 53 51 4 Apr. 9 6 6 4 Feb. 17 74 44 M ar. 2 A pr. 15 70 68 69 4 67 4 6)44 68 4 A pr. 9 84 Apr. 25 81 Jan. 20 84 78 83 Feb. 16 81 8444 81 58 4 Sale 4 58 4 Sale 4 57*4 A pr. 16 60*4 Apr. 7 5654 M ar. 30 67 4 Feb. 2 A pr. 1 42 54 Apr. 6 38 5 M ar. 30 4744 Feb. 3 40 40 4 Sale 4144 Sale 4 Apr. 13 116*4 Jan. 31 119 A pr. 9 118 Feb. 24 11754 Sale 117 5s Sale 117 12 Sale 1054 Sale 1054 A i r . 30 ’ 3 54 Ap-. 17 10 Feb. 11 16 Jan. 16 Apr. 29 70 A pr. 29 70 Apr. 29 70 A pr. 29 69 71 70 Jau. 23 6244 Sale 62 5 A pr. 1 63 5 Apr. 15 62 4 M ar. 25 65 4 63 4 Sale 4 4 4 .Ian 2 1 13 100 I 12 ____ 115 111 Jan. 28 1 >3 59 A pr. 2 65 54 Apr. 29 55 438.800 70*4 Sale M ar. 18 77 5 Jan. 3 59 >4 Sale 4 6444 Sale Apr. 16 61 Sale 62 A pr. 3 6 8 26 10 0 70 64 66 M ar. 18 79*4 Jan. 3 64 4 Sale 3.700| HO 112 112 115 112 A pr. 3 114 Apr. 15 112 M ar. 13 I 1 1*4 Jan. 19 1I I 4 110 4 Sale Sale 43 1,221.400 46 4254 A pr. 1 4644 Apr. 23 41 '< Jan 281 46*4 Jan. 2 4 4 4 Sale Apr. 30 Sale 152 500 10 Sale 8 4 A pr. 27 10 10 Jan. 13 944 Sale 844 Apr. 27 11 5 Apr. 6 Sale 4 A pr. 27 8 a le M ar. 18 9 190 020 4 4 5 4*4 Sale 6 4 Feb Apr. 6 2.3 4 M ar. 24 41 4 Jan. 10 Sale 17.890 35 4 23 5 25 4 4 20 4 22 4 23 44 Apr. 11 24 7 Apr. 9.544 6 8 6 654 Apr. 22 744 554 M ar. 19 11*4 Jan. 7 11*4 Sale I o % J ’in I Apr. 190 500 M a r. 12 19 16 54 A pr. 27 19 1744 Sale 1744 Sale Sale 21 A pr. 1 22 5 Apr. 15 20'4 M ar. 19 23 4 Jan. 17 65 000 21 4 2154 22 41.500 1344 Sale Feb. 7 15 11 *4 13 4 13 1344 11 4 A pr. 9 1374 Apr. 21 1 ' *4 M a r . 754 Apr. 1 954 Apr. 23 9 Sale 82.000 7 5 Sale 4 754 Apr. 1 9-4 Jan. 31 9 4 Sale 43 A pr. 27 45 4 Apr. 7 42*4 Jau. 5 49 Feb. 2 537 567 43 4 Sale Sale 44 43 4 Sale 4 1.012 900 108*4 Sale 4 102 4 Sale 105 5 Sale 100*4 Apr. 2 11144 Apr. 18 07 4 Feb. 17 113*4 M ar. 13 4 Sale 4 1,000.010 1 2 Sa le 12 5 Apr. 16 15 5 Apr. 7 II 4 Jan. 4 13 4 Sale , 14 4 23*4 Feb. 6 Sale 255 250 315 270 310 300 295 Apr. 9 310 Jan. 6 295 255 Sale 130 Sale 125)4 Apr. 2 134*4 Apr. 0 3 , 122 6 8 700 130 M ar. 30 152 Feb. 27 Sale i 126 455 000 38*4 Sale 40 )4 Sale 38*4 Sale 38)3 Apr. 1 4213 Apr. 16 37*4 M ar. 18 44 4 Feb. 13 433.200 70*4 Sale I 73)4 Sale Jan. 2 80 U M ar. 4 74)3 Sale 72 *4 Apr. 2 76)4 Apr. 15 70 55.800 93)4 Sale I 97 4 Sale 99)4 Sale 97)4 Apr. 1 99)3 Apr. 24 93 4 Jan. 2 9 9 4 Apr. 24 4 Sale 478 700 4 4)3 A pr. 14 4 Sale 3 4 Jan. 2 3 7 Sale 4 3 7 Apr. 2 -4 5 4 Jan 12 11.600 31 3214 25 'A 26)3 25)3 Sale 25)3 Apr. 3 26)4 Apr. 27 2 5 4 M ar. 31 .35 Jan 10 32.310 40 Apr. 3 41)4 Apr. 8 33 4 M ar. 26 42 39 Jan. 15 Sale , 38 39)4 Sale 387 -4 200 114 115 12 0 1 I 5 M r. 25 115 M ar. 25 Apr. 1 45*4 Apr. 24 36 Apr. 1 45*4 Apr. 24 Sale 32 967 43*4 Sale | 36 40 42 36 U Apr. 30 3 21 Jan 140.200 Feb. 28 *3 Apr. 7 1 y» y< *4 *4 “ Sale 4 607.200 37 >4 Sale 37 *4 Sale 36 *s Apr. 27 38)4 Apr. 3 36 4 Apr. 27 43*4 Feb. 5 / 36)4 Sale Apr. 3 11*4 Jan. 17 128 4 Feb. 27 11.700 122 (3 Sale 4 123)3 Sale 123 7 Sale 1 2 1 )3 Apr. 28 127 Apr. 9 116)3 Apr. 30 113 *3 Feb 18 1164 A pr. 30 2 700 113 '4 115 115)4 117*4 116)3 Sale 116 Apr. 15 24 4 M ar. 31 36 4 M ar. 4 Sale 147 400 28U Sale 25 1 27 24)3 Sale 24)3 Apr. 4 Sale 64 H Apr. 27 69 1 Apr. 20 60 4 Jan. 6 8 1 4 M ar. 3 209.900 61 4 61 !4 67 6 ;> )3 Sale Apr. 14 Apr. 14 117 Feb. 4 1 119 650 1 18 Sale 114 118 117 115 '< Jan. 13 113.900 12 0 Sale 115*3 Apr. 2 123)3 Apr 16 1 1 054 Feb. 4 1234 Apr. 18 Sale 116)3 Sale 1 19 Jan. 16 54 4 Jan. 12 Apr. 1 \ 52 12 900 52*4 53 53 *4 54)4 52)4 Apr. 3 54 52)3 53 Apr. 2 12 Apr. 2 M a r. 1 12 12 1 .1 0 0 28 20 12 21 M a r. 14 10)3 20 20 Apr. 2 217)3 Apr. 9 201 4 M ar .30 231 36.000 218 Sale 206 Sale 208 Jan. 3 214 205 Apr. 6 300 Jan. 9 19)4 21)3 IS 21)3 18)4 Apr. 11 19 184 Apr. 11 23 M b to 2 1 .2 0 0 H Apr. 2 )4 4 M a r. 6 Apr. 14 26 4 Apr. 27 50 4 Feb 11 776 600 46 Sale 35)3 Sale 28)4 Sale 26)3 Apr. 27 37 69 Feb. 11 183 300 79 Sale Sale 76)3 Sale 66)3 Apr. 27 79)3 Apr. 8 66 4 Apr. 27 04 Feb. 11 569.000 169 166 Sale 146 Sale 131 H Apr. 2 2 175)3 Apr. 7 I3 l 4 Apr. 22 250 Sale Apr. 9 10044 Apr. 29 1124 Feb. 27 104 10 0 1 0 0 1 3 Apr. 29 104 7.500 10 2 103 105 103 32 Sale 122 500 38*4 Sale 30 Vs Sale 30 '/ Apr. 30 34 % Apr. 16 30 4 Feb. 17 3 9 4 Jan. 17 « A pr. 1 132 Apr. 1 130 32 Sale 130 M ar. 9 154 150 132 Jan. 8 600 148)4 Apr. 11 Apr. 1 1 A pr. 11 4 4 4 4 5.400 6 4 4 M a r. 2 4*4 4)4 4*4 43 200 23 '4 Sa le Sale 30 23 Jan. 3 3 0 4 Apr. 21 24*4 Sale 24*4 Apr. 1 30)4 Apr. 21 Sale M ar. 19 88 697.400 86 80)4 Sale Jan 2 85)4 Sale 80)4 Apr. 1 86)3 Apr. 29 76 Apr. 29 105 Apr. 9 107 Jan 29 107 105 Apr. 99 1 300j 103)4 107 107 108 108)3 106 Apr. 1 139)4 Apr. 25 114 4 M ar. 30 1394 A pr. 25 276.730 124 Sale 118)3 Sale 138)3 Sale 118 Apr. 27 122 4 Jan. 2 138 128 3 200, 12 2 * 4 7 13S A pr. 27 Sale 41 500 400 40*4 Sale 36)3 Sale 35 7 Apr. 2 41 J3 Apr. 17 33 4 M ar. 30 44 4 Feb. 5 4 Apr. 14 92*4 M ar. 30 97 4 Jan. 13 Apr. 2 97 52.500 95)3 Sale 95 93*4 Sale 95)4 93 30 Apr. 2 2 37)4 Apr. 2 1 Feb. 17 39 Sale 33 33 34 Jan. 7 81 400 38 35)4 Sale Apr. 3 Apr. 16 46 A pr. 16 46 4 Jan. 5 9 800 46 44 47 44)3 Sale 45)3 46 3.968.930 120)4 Sale 115)3 Sale 113)4 Sale 112)4 Apr. 30 118)4 Apr. 18 1124 M ar. 30'1294 Jan. 23 Sale 124)3 Sale 122)4 Apr. 14 124)3 Apr. 30 122 4 Feb. 16 1264 Jan. 26 52.900 122*4 Sale ,123 Apr. 7 52)3 Apr. 24 51 4 M ar. 24 56 3.700 54 Feb. 7 55 51)3 53)4 52)4 54 'A 52 Apr. 1 1054 Apr. 21 1104 M ar. 9 Sale 105)3 108)4 105)4 Apr. 2 1 108 8 .2 0 0 1 0 1 ^ 109 108 Apr. 1 85)3 Apr. 13 82 83 Sale M ar. 19 92 19.100 87 !4 Sale 83 Jan. 15 83)4 85 Apr. 30 41 4 Feb. 17 102 712.900 43*4 Sale Sale Apr. 30 65)4 Sale 10 0 64)4 Apr. 3 102 97.500 30 H Sale M ar. 18 31 4 Jau. 3 J* 26)4 Sale 26)4 Apr. 30 27)4 Apr. 15 26 26)4 Sale __ _____ 19)3 174 M ar. 19 21 4 Jan. 3 500 2 0 14 2 2 15 20 16 Apr. 1 60)4 Apr. 27 60 Apr. 1 65 4 Jan. 5 900 65 Sale 60 62 60 69)4 60 69 700 Apr. 1/1 2 4 M ar. 23 2 2)4 Apr. 7 5 A pr. 17 2)4 Sale 4)3 Sale 5 2)4 1)3 Apr. 18 2*3 Apr. 1 < 3 3 1 300 1< 4 1)4 *4 1 !4 1 4 Feb. 25 2 4 A pr. 18 Sale 10>3 Apr. 3 20*4 Apr. 17 124.200 10 10)4 10 Vs 1714 Sale 8 4 Jan. .6 2 0 4 Apr. 17 Apr. 2 1 ' 4 1.000 10 4 10 20 15 10)4 Apr. 1 1 18 M ar. 25 18 A pr. 21 5,000 1)4 A pr. 8 2)3 Apr. 18, Jan. 17 2)4 1)4 1 )3 1)4 1 y 1)4 2 4 A pr. 18 1 1 10 0 2 2)4 M 4 M ar. 4 4 M a r. 4 Apr. 23 35 Apr. 23 35 35 800 40 45 40 33 37 35 A pr. 23 4 3 4 Jan. 6 80 400 79 73 79 79 73 M ar. 7 79 4 Jan. 12 --I 75 224.300 12)4 Apr. 1 15)4 Apr. 15 8)4 Sale 12)4 Sale 12)4 Sale 7 4 Jan. 13 15)4 Apr. 15 . 1 8 7 100 6 10 10 M ar. 20 M a r. 30 Sale Apr. 1 88)3 Apr. 14 80 342 67 80 A pr. 1 8 8 4 A pr. 14 73 80 80 90 87.400 18 J3 Sale 16)4 A pr. 25 17)4 Apr. 13 154 M ar. 23 19*, Jau. 3 16*4 Sale 16)4 Sale Sale 116 A pr. 30 119 Apr. 16 116 3.975 116 A pr. 30 126 115)4 118 Feb. 25 Sale 6 8 ,0 0 0 38 Sale 38 37)4 Apr. 1 41)4 A pt. 7 37 4 M a r. 30 15*4 Feb 26 18.150 96)4 Sale 99)3 100)4 96)4 A pr. 1 100)3 Apr. 18 94 4 Feb. 11 1004 A pr. 18 109 112 109 112 109 26.500 18 17 4 Jan. 194 Jan. 31 A pr. 17 51 Apr. 17 51 3.200 M ar. 51)3 53)4 51)4 54)3 51 57 4 Feb. 9 1.800 12*4 12)4 12)3 Sale 1 12)3 Apr. 1 13 12)3 12)4 12)3 A pr. 124 Jan. Jan. 31 Sale 116)4 Sale 116 Apr. 7.690 111)4 114*4 116 1 116)4 Apr. 2 2 1134 Jan. ,1164 A pr. 22 103 104 2 1 105)3 Anr. 1.700 104 105 8 104 Jan. 2711064 M a r. 24 Sale 130)4 Sale 118 Apr. 1 135 Apr. 23 116 4 Jan. 2135 118 183.700 116)4 Sale A p r. 23 Apr. 9 100)3 Apr. 14 97 43.200 107)4 Sale 99)4 Sale 97 A pr 98)4 Sale 9 1134 Jan. 7 Sale 67 Sale 706.400 IX Vs Sale 67 66)3 Apr. 2 69)4 Apr. 15 6 6 4 M ar. 28 84 Jan. 3 Apr. 16 83 Apr. 23 79 4 M ar. 30 8 6 78 85 2 .2 0 0 83 81 81)4 85 Jan. 5 19.300 9)3 Sale 9)4 Apr. 1 11 )4 Apr. 17 9 4 A pr. 1 14 Jan. 29 10)4 10)4 20)3 Sale 1 22)4 Apr. 17 21.600 21)4 Sale 20)3 Apr. 1 9 4 M ar. 31 23 Jan. 29 Aprl 7 2 5 4 M ar. 31 3 1 4 Feb. 2 25 H Sale Sale 26)4 Sale 174.500 28 25)4 A pr. 1 28 Sale A pr. 1 63)3 Apr. 15 57 4 M ar. 30 76 Sale 59 Sale 316.400 71 61 59 Jan. 13 )3 Sale 90.010 )3 A pr. 1 V. Apr. 3 a 1)4 Sale 4 Jan. 30 )3 % 1 4 Jan. 10 1.0 0 0 Jan. l9 18 4 Feb. 24 32 174.967 Jan. 19 4 Jan. 13 2 5 Jan. 13 17 29.525 Jan. 17 Sale 12)3 Sale 16 12)4 A pr. 1 16)4 Apr. 17 1.391.400 10*4 Sale 9 4 Jan. 26 16*4 A pr. 17 Sale Apr. 2 94 % Apr. 16 72 4 Jan. 28 9414 Apr. 16 86 404.100 76)4 Sale 89)4 Sale 85 10)4 Sale 6)3 Sale 5)4 A pr. 28 10)4 Apr. 1 152.200 7)4 Sale 5 4 Apr. 28 13*4 M ar 7 Apr. 24 34)3 Apr. 1 18 34)3 Sale 21)3 Sale 18 Apr. 24 60 107.800 18 20 M ar 7 Sale 28 30 20 22)3 Apr. 3 26)3 Apr. 2 10 300 18 Mar • 4 42 M ar. 7 Sale 116)4 Apr. 9 122)4 Apr. 29 1124 Jan. 28 125)4 Jan. 7 118)3 Sale 1 2 2 379.700 124)4 Sale Sale 48 42)4 Apr. 27 51)4 Apr. 15 4 2 4 Apr. 27 79)4 Jan. 2 43)3 Sale 672.900 78)4 Sale 82 A pr. 6 84 A pr. 24 79 79 Apr. 6 88 3.900 85 88 81 )3 84)3 79 Jan. 9 A pr. 7 71 Apr. 15 65 70)4 Sale A pr. 7 76)4 Feb. 1 1 8.700 72)4 75 67)3 68 % 65 99.700 22)4 Sale 16)4 Sale 18)3 Sale 16)3 A pr. 1 20)4 Apr. 15, 16 M ar . 30 23*3 Jan. 2 Apr. 1 50 Sale Apr. 16 47 40.000 45)4 Sale . 30 52)4 Feb. 7 48)3 48)4 47 35 36 34)4 Apr. 13 35)4 A pr. 15' 33 4 Feb 18 42 Jan. 3 21,900 39*4 Sale 35)3 37 A pr. 181 63 Sale 63)4 A pr. 30 67 M ar..27 76*3 Feb. 13 Sale 65 63)4 Sale 32,600 70 * Ex-dividend, a This price is after distribution o f dividends in shares o f U nited Cigar Store at the rate o f 38.85 shares for 100 shares o f United Retail Stores, c Ex-300% in stock! Par Shares. Shell Transport & Trad _. £2 400 Shell Union O il_______no par 88.380 1,400 Preferred______________ 100 Sherwin-Williams p ref___10 0 200 Simms Petroleum_________ 10 81.500 Simmons C o______________ nopar 13.500 Preferrd_____________ 100 200 Sinclair Con Oil Corp.no par 132.200 Preferred_____________ 10 1 2.000 Skelly Oil C o ______________25 54,100 Sloss-Sheffield St’l & I . . 100 9.700 Preferred______________ 10 0 400 So Porto Rico Sugar____ 100 2,100 Preferred_____________ 100 100 Spalding 1st pref________ 10 0 100 Spicer M fg C o ____________nopar 57,400 Preferred______________ 100 700 Standard Gas & Elec.no par 59.900 Preferred __________ 5 1.300 Standard M illin g________ 100 1.500 Preferred______________ 100 600 Standard Oil o f C a lif_____ 2.' 55.600 Standard Oil of N J _____ . 25 148.000 Preferred.................... 100 7.100 Stand PlateG lassctfs.no P" 8.700 Preferred______________ 10 0 200 Sterling Products____ no par 4.300 Stern Bros pref___________1 0 : Stewart Warn C orp__no par 6 8 800 Stromberg Carburet, .no par 3.000 Studchaker Corp. pref_ 100 _ 1.000 N e w _______________ no par 391 .500 Submar Boat Corp___no pa 27.900 Superior O il__________no par 16.100 S ii perior Steel.................. 100 1.108 Sweets Co o f America new 50 744 Symington temp ctfs.no pa 34.000 Class A ________ ___ no pa 10.700 Telautogr Corp ctfs._no pa 3.500 Tenn Cop & ('h em ___no pur 30.200 Texas Company (T h e )___25 49.600 Texas Gulf Sulphur_______10 209.100 Tex Pacific Coal & O il____ 10 102 300 Texas Pacific Land Tr_.100 105 Tidewater Oil___________ 100 6.600 Timken Roller Bear..no par 77.600 Tobacco Prod Corp_____ 100 36.700 Tem p ctfs Class A _.1 0 0 6.300 Transcon Oil ctfs_____ no par 61.500 Tran A Williams Steel.no par 1.300 Underwood Typ ew riter___25 7.600 Preferred___________ 100 Union Bag & Paper_____ 100 15.000 Union O il_____ _______ no par 13.100 Union Oil. California_____ 2 ' 37.100 Union Tank C ar________ 100 2 .2 0 0 Preferred___________ 100 200 United Alloy Steel___ no par 10 700 United Cigar Stores______ 25 20.400 Preferred______________ 10i 10 0 United D rug____________ 100 42 600 1st preferred___________ 50 3.400 United D.vewood________100 10 0 United Fruit____________ 100 6.800 United Paperboard C o . .100 200 R ights_________________ 10 0 Universal P ip e____________ nopar 83 800 I Teferred___________ 10 0 1 C 200 f U S Cast iron Pipe & F . .100 163.900 Preferred_____ _________ 100 1.300 U S Distrib C orp_____ no par 27.400 Preferred___________ 100 10 0 U S Express___________ 100 20 0 U S Hoffman M ach____ nopar 24.800 U S Indus Alcohol..........100 208 400 400 Preferred______________ 100 115.400 U S Realty & Im provt-.lO O 700 Preferred___________ 100 U 8 Rubber.................. 10 0 104.200 1 st preferred________10 0 11.400 7.400 U 8 Smelt Refg & M g ____ 50 Preferred_______________ 50 1 .600 United States Steel_____ 100 581.630 1 0 .1 0 0 Preferred______________ 100 U S Tobacco_________ no par 700 Preferred___________ 100 500 Utah Copper______________ 10 11.500 Utah Securities__________ 100 113.400 Vanadium C orp______ no par 10 ,0 0 0 Van Raalte_________ .. n o par 1 st preferred________10 0 600 43.300 Va-Caro Chemical___no par C ertificates_______________ 300 70.100 Preferred______________ 100 Preferred certificates_____ 900 ■Class B __________________ 2.400 B certificates_____________ V a iron Coal & C oke____ 100 10 0 Preferred______________ 100 Vlvaudou (V ) Inc____ no par 88.600 Vulcan Detinning________ 100 342 Vulcan Detinning. pref. .100 15.700 W aldorf System_____ no par 900 W ard Baking Class A .no par 12.800 Class B ____________ no par P re ferred ______________ 10 0 5,000 Washburn Crosby, pref. .100 Weber & Heilbroner..n o par N e w . ____ . ____no par 100 100 W ells Fargo Express______ 1 1,800 W est Elec 7% cum p r e f..100 West Penn Pow pref____100 200 Western Union T e leg____100 60.400 Westinghouse Air B ra k e..50 5.200 33.800 Westinghouse El & M f g . . 50 200 1st preferred___________ 50 8.800 W esting’se Elec Instr.no par 8.400 Class A _____________no par 14.200 W hite Eagle Oil & R ..n o par 36.800 W hite M o to r______________ 50 6.600 Wickwire-Spen S teel..n o par Preferred______________ 100 R ig h t s ________________ Preferred rights______ 757,300 W illys-Overland______ ____ 5 131,100 N ew preferred_________ 10 0 39.200 Wilson & Co nc v t C-.no par 22.700 Preferred______________ 100 3.100 Certificates p referred .. 100 121,200 W oolworth (F W ) ________ 25 67,100 W orthington P & M ____ 100 900 Preferred A ____________100 1.400 Preferred B ____________100 16.000 W right Aeronautic___no par 3,400 W rigley (W m J r )____ no par 800 Y ello w C ab_______________ 10 Youngstown Sheet & Tu be. 3,200 Ask Shares Bid. Sale 16.200 43 1.988.080 22 % Sale 11,900 9914 Sale 300 104 Sale 660 800 23 Sale 89.700 33 900 270.970 1744 Sale 14.450 78’4 Sale 696.600 24 5 Sale 4 104.320 82 4 Sale 4 3.100 95 4 Sale 13.000 62 65 700 98 4 100 4 300 9 *4 100 115.200 17 4 Sale 4 2.200 96 97 256,100 40 4 Sale 4 5 500 8 700 71 4 '72 4 1.250 81 4 86 4 3 594.700 62 7 Sale 1,229.300 40 4 Sale 33.100 11744 Sale 39 300 154* Sale 200 Sale 26.100 63 Bid. 4054 2354 1004 1044 2144 33 102 44 1854 8544 23 8144 91 70*4 5 3 0 11 7 4 4 4 " G eneral Quotations OF B O N D S A N D STOCKS 1. In the following thirty-four pages o f tables quotations are given for all the more important securities listed on any Stock Exchange In th® 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 o f issue. As the N ew Y o rk Stock Exchange began with Jan. 2 1909 to quote all bond prices f‘and interest,” we have adopted the same method and no longer em ploy a designating mark to indicate the fact except where there is a deviation from this rule, The reader w ill understand, therefore, that unless the letter is prefixed to the price, he must pay accrued interest in addition to the price. This, however, does not apply to income bonds or bonds in default, in which cases the price includes the interest, should there be any. 3. The letter “/” prefixed to bond prices denotes that the quotation is a flat price— that is, that the accrued interest forms part o f the price, and therefore the purchaser does not have to provide for it separately in making payment. As already stated in the case o f income bonds ana bonds in default, the price is always “ fla t ,” and no designating mark is employed to indicate the fact. 4. Stock prices marked thus (d) are per share. A ll others are per cent except bank stock prices, which are quoted p r share unless otherwise stated. 5. I t should be borne in mind in the use o f these tables that the quotations for many inactive and unlisted securities are merely nominal, but in 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 endorsel, “ cons” for con solidated, “ conv’ , for convertible, “ s f ” for sinking fund, “ 1 g ” for land grant, “ op” for optional. 7. T h e black-faced typ e in the letters showing the interest period indicates the month when the bonds mature. N O T IC E .— A ll b o n d prices are “ and in te r e s t” ex cep t w h ere m ark ed “ f ” a n d incom e a n d d e fa u lte d bonds. B onds. Bid. R A IL R O A D B O N D S Bonds of companies consol’d are often under the consolidated name. Adirondack— See D el & Hudson Akron & Barb B elt g 4s 1942. J& D A k Cant & Youngst 6s 1930..J&J 99 A la G t South 1st 5s Dec ’27. .J&J 100 34 Gen M 5s Dec 1 1927 £___J&D 9534 1st cons g 5s 1943 ser A ___J&D 101 B elt R y o f Chatt 5s 1945..J&J 95 Ala Midland— See A tl Coast Line Alabama N Orl T & P June— “ A ” deb 5s g '40 red T O .M & N 96 " B ” deb g 5s ’40 red T O .M & N . 95 “ C ” deb g 5s N o v 1 1940.A&O If 93 Alabama Tennessee & Northern— Prior lien 6s 1948_________J&J 79 34 Gen income 6s Oct 1948.. 26 Alabama & Vicksburg R y — BBlst M g 5s 1974 series A ..M & N 10034 Albany & Susq— See Del & Hud Allegheny Valley— See Penn R R Alleg & W est— See B u ff R & P Allentown Term s 4s 1919 101 E xt at 6% to 1929.. . ..J & J A lton Bridge— See St C M & St L 67 Ann Arbor 1st g 4s 1955_____ Q-J 97 6% notes M a r 15 1930..M&S15 5,60 Eq tr 6s July 15 ’25-’35. J&J 15 Ark & M em R y Brge & Term — 91 1st M 5s 1964_____________M&S Aroostook N or— See Ban & Aroos Aroostook Valley— See Can Pac Asheville & Spartanburg— S U & Col 1st M g gu 4s 1955___J&J Atch & East’n Br— 4s 1928.-J&J 96 34 Atchison Topeka & Santa Fe— 91 Gen m tge gold 4s 1955— A & O 84 Adjustment 4s July 1 '9 5 .-N o v 84 34 Stamped_______________ M & N Conv g 4sof ’09 due ’55 opt J&D 83 V Conv g 4s o f 1905 due ’55. J& D 83 Vs C onv g 4s o f 1960_________ J&D 84 34 88 Yi Trans S L 1st g 4s 1958___J&J 93 a Cal-Ariz 1st& r f 4 34s '62 op M&S Series B _____________________ If 90 E Okla D iv 1st g 4s '2 8 .-M&S 9934 Hutch & So 1st g 5s 1928..J&J 87' Rocky M t D iv 4s 1965___J&J San Fran & San Joaquin Val— 1st g 5s Oct 1 1940____ A& O Santa Fe Prescott & Phoenix 100 34 1st g 5s 1942___________ M & S Atlanta Birm & Atlantic— 37 Income 5s N o v 1 1930-.. 42 X A t l & Birm 1st g 5s 1934.-J&J Certificates o f deposit______ •42 34 A tlanta & Chari A L — See Sou R y A tl Knox & Cin— See Lou & Nash A tl K nox & N or— See Lou & Nash A tlantic & Dan— See South R R Atlantic C ity — See Reading Co Atlantic Coast Line Co o f Conn— C erts Indebt 5s irredeem .J&D / 9734 A tla n tic Coast Line R R — 1st cons 4s July 1 1952.M&S 9434 Col tr g 4s Oct 1 ’52 op .M & N 87 34 88 Conv deb 4s '39 op ’ 16 -M & N Gen unif ser A 434 s '64.J& D 93 3 4 7% notes M a y 15 '30 M & N 15 10634 5% Eq 614s Feb '36 (y r )- .F & A 5.20 E q 6s Jan 15 ’26-’35_J&.J 15 AJa M id — 1st gu g 5s’28M & N 10134 A tlantic Coast Line o f S C — 92 Gen 1st g 4s July ’4 8 .-J&J 109 N E o f S C 6s 1933. — J&J Brun & W est 1st 4s ’38 -.J& J 9314 Char & Sav gen 7s 1936. J&J 11634 88 Fla So 1st g gu 4s '45___J&J 100 N or & Car 5s 1939____ A&O P e t’b ’g— Class A 5s g '26. J&J 100 101 Class B 6s g 1926____ A& O 94 Rich & Peters 434s '4 0 .A&O 10814 Sav Fla& W 1st g 6s '3 4 .A&O 1st M g 5s 1934_____ A&O 10114 W il & W e i gen g 5s ’3 5 .-J&J 101 90 Gen m tge g 4s 1935___J&J A tlantic & Yadkin— See South R y Aug Term — See Chari & W Car Austin & N orth w ’n— See So Pac B alt Ches & Atlan— See Pa R R B alt & Cumb Val R R 6s '2 9 --J&J 100 100 E x 1st M 6s July 1931____ J&J B alt & Harrisb— See W est M d Baltim ore & Ohio— 9914 Prior lien 334s g 1925----- J&J 8J14 1st M 4s g Jul, 10114 1st M 5s July 1 1948_____ A&O Conv 414s 1933 red 1923-M&S 9234 R e f & gen 5s 1995 series A . J&D 8814 R e f & gen 6s 1995 series C .J& D 10234 10-yr 6s July 1929----------- J&J 10214 E q tr 414s 1926-40 (y r )..M & N b 4.20 t E q tr 5s 1925-37 (y r )------F& A E q tr 5s 1926-38 (y r )----- F & A l Eq tr 6s ’26-’35 (y r )___J&J 15 b 5.35 P itt Jc & M d iv 3 14s g ’25 M & N 9934 b Basis. Ask. Th is price includes accrued interest, B onds Bid. Baltimore & Ohio ( Concluded)— Pittsb Lake Erie & W Va— Refund gold 4s 1941. .M & N 88 S W D iv 1st g 3J4s 1925-.-J&J 100 Central Ohio— Reorg 1st con g 414s’30.M & S 10014 Ohio R iv R R — 1st g 5s ’36.J&D 100 Gen gold 5s 1937_______A&O 9834 Sch R iv East Side 4s 1925. J&D 100 Staten Isl R y 434s 1943.-J& D 69 Toledo & Cin D iv 4s 1959.-J&J 7414 W Va & Pitts 1st 4s g '90.A& O 8234 Bangor & Aroostook— 99 96 98 1st M 5s g Jan 1 1943____ J&J 72 96 Cons refund g 4s 1951____ J&J 93 M edford E xt 5s 1937____ M & N Piscat D iv g 5s Jan 1943. .A & O 89 St Johns R iv E x t gu 5s ’39 .F & A 89 32 Van Bur E xt 5s g Jan '43. A&O 92 Washburn E xt 1st 5s ’39 --F & A 89 10114 Aroostook N or 5s g 1947.-A & O 87 N or M aine Seaport 5s '3 5 .A & 0 . 89 B attle Creek & Stur— See M ich C! Bedford Belt— See Chic M & St P Beech Creek— See N Y C & HudR Bellingham B ay & British Col— 1st g 5s D ec 1 1932______ J&D 85 6734 99 Belt R R & Stk Y ds (In d ’p’lis)— 1st r e f gold 4s 1939______ M & N 85 5.30% Belt R y o f C batt— See Ala Gr So 9114 Belvidere Del— See Pennsylvania Bennington & R u tl’d— See R u tl’d Big Sandy R y — See Ches & Ohio Birm Term 1st g 4s 1957 gu.M &S 8134 Bolivia R y 1st 5s 1927____ -J&J Boonville St Louis & Southern— 73 1st M 5s 1951___________ F& A 10434 9134 Boston & Albany 5s Oct ’63-.J& J 9034 5s June 1942______________ J&D 10234 5s July 1 1938______________J&J 10134 84 3 4 97 434s July 1937_____________J&J 8434 84 34 4s M a y 1 1933 gu N Y C .M & N 9434 4s M a y 1 1934 gu N Y C .M & N 9354 89' 4s M a y 1 1935 gu N Y C .M & ' 93 34 95 81 334s Jan 11951_____ --J& 95 R e f 334s 1952 gu N Y C ..A & < 8034 991. Boston & Low ell 434s Feb ’33. J& 78 77 4s April 1932 A&< 65 Bostoii & M aine— 434 s g ’44.J& 78 434s April 1 1929_________ A&< 79 4s Sept 1 1926______ M&i 75 4s Feb 1 1937_____________F&. 56 4s Aug 1942________ F&7 45 3s July 1950............... J&. 87 6s Jan 1 1933______________ J& 3814 4i 82 1st & ref M 6s ser C 1929.-J& 82 44 Series D 6s 1929_________ J& 82 Series F 6s 1930______ .. J & l 82 Series G 6s 1929___________ J& 82 Series H 6s 1930_________ M & E 87 Series I 7s 1931___________ J& 87 Series J 7 s 1931__________ A&C 5.90 Equip 534s 1925-1927___F&A 6.10 E q tr 6s 1925-38 (y ea r)_ _ J & I Ports G t F & Con 4 H s’37.J&T 75 i o s & N Y A L — See N Y N H & H 94 88 Joston Rev B & L 4J4s ’2 7 .-J&J 8J 93 ’.ridge’ n & Saco R 1st 4s ’28.J&l 3 urns & W — See A tl Coast Line 106 V iuffalo Creek 1st 5s 1941___J&J 1st con 5s 1961___________ J&J 4.80% 5% Buffalo Rochester & Pittsburgh— General 5s g 1937________M & S 10134 10114 Con g 434s 1957_________ M & N 8034 5% Eq 6s ser K 1925-33 (s-a)-F& A 4.90 Equip 4s series G 1929___A&O 8254 A l& W e s t 4s g guar 1998-A& O Clear & M 1st 5s g gu 1943-J&J 9834 Buffalo & Southwest— See Erie B uff & Susquehanna R R Corp— 80 1st 4s Dec 30 1963_________ J&J Burl Ced Rap & N o— See C R I& P 91 Butte Anaconda & Pac 5s’44_F&A 100 California N W 5s 1928 g u .-A & O 111 100 Cam & Clear— 1st 5s g 1941-J&J 84 Gen M g 4s 1955_______ F & A 99 Cambria & Ind— 1st 5s ’36.M & N 101 Gen mtge 6s 1944_________ F & A 5.50 Eq tr 534s 1926-38 (year) .M &N Canada A tl— See Grand Trunk Canada South 5s 1962 ser A .A & O 10234 Canadian National Railways— 93 434s Sept 15 1954 ...M & S 1 5 98)4 4% guar gold notes 1927.-J&J 98 5-year 434s Feb 15 1930.F&A15 96 100 10-yr 4)4s Feb 15 1935.F&A15 Equip tr 7s M a y 1 1935.-M & N 8914 4.25 102 Equip trust 434s 1925-39--J&J 9214 Canadian Northern— 1st con deb 4s 1930 g u ..J & D 3 0 9454 8814 S F deb 7s 1940...............-J&D 116 V 103 S F deb 6)4s 1946.............. J&J 11754 103 3 4 5.35 Equipment 4 34s various______ o 4.80 | 5.10 4.80% E q 6s July’25-Jan’29 ser B.J&J Canadian N W 4 34s Oct 22 1943 4.80% 9154 Manitoba S E 1st 4s £ ’29 .F & A 5.05% 88" Winnipeg Term g 4s 1939 g . J&J 9914 Ask. 8834 10034 9934 7434 8134 98 7334 95 91 92 95 91 92 92 87 8334 68 80 81 59' 88 * 5.25% 5.60% 102 8034 4.75% 4.60% 83 34 81 92 102" 5.25% 10254 9334 9844 9834 9634 111 k Last sale. I In London, 112 4% 96 117 118 5.20% 4.80% 93 n Nom inal, B onds Canadian Pacific— Cons deben 4s perpetual--J&J 7954 E q tr 434s 1925-1928_____ J&J b 4.75 Eq tr 6s Oct ’25-’32 (s a )..A & O b 5% Aroostook Val 434s 1929.F & A ___ N ew Brunsw 1st g 5s 1934.F&A If 98 Cons deb 4s perpetual..J& J If 78 Ont & Que deb gu 5s perp. J& D If 99 Carb & Shaw— See Illinois C ent’l Carolina Cent— See Seab Air Line Caro Clinch & Ohio 5s 1938.-J&J 100 1st cons 6s 1952 Ser A ..J & D 1 5 107 Equip 5s 1925-1937 s-a__A & 0 6 5% Eq 5s 1925-1933 s-a_____ J& D b 5% E q tr 6s 1926-’35 (yrly).J & J 15 b 5.40 Carolina & Yadkin River— 1st s f 5s 1962___________ J& D Carthage & Adiron— See N Y C 89 Catawissa cons g 4s 1948____ A&O Central Argentine R y L td— Conv g 6% notes 1927____ F & A 9934 Cent Ark & East— See St L S W Cent Branch R y — See M o Pac Central o f Georgia— 1st M g 5s N o v 1 1945____ F& A 10134 101 Cons gold 5s 1945______ M & N 10-yr 6% sec gold bds 1929 J&D 10234 101 R e f & gen 534s 1959 ser B .A & O E q 434s July ’25-Jan ’26. J&J 64.70% 8.334 Chat D iv gold 4s 1951. J&D Macon & N o r g 5s 1946____ J&J 9934 M id Ga & A t l 1st 5s 1947.-J&J 97 V M obile D iv g 5s 1946_____ J&J 10034 Oconee D iv 1st g 5s 1945.-J&D 95 Cent R R & Bkg 5s 1937. .M & N 9 ’>34 Chattahoochee & G 5s ’3 0 .. J&J 95 Chat R & South g 5s 1947.-J&J 95 Eatonton Br 5s g 1926___J&D 95 Ocean S S Co ext 7s 1930.-J&J Cent o f N E— See N Y N H & H Central of N ew Jersey— Gen M (now 1st) g 5s ’8 7 .-J&J 109 5.25 Eq tr 6s Jan 15 ’26-’35-.J&J15 Am er Dock & Im pt 5s 1921 E xt at 6% to 1936______ J&J 107 99 V L eh & W -B Coal con 4s ’25 J&D Con g 4s 1930__________ J&D Con g 4s 1935__________ J&D 9334 N Y & L Br gen 4s 1941--M&S 90/s General gold 5s 1941___M & S Central Ohio— See B alt & Ohio Central Pacific— See So Pacific Central Vermont R y — R e f M 5s 1930 guar_____ M&S 9334 5.50 E q tr 5s Oct ’25 ’32 s-a___A& O Charles & Sav— See A t l Coast L Chari & W Car 1st 5s 1946.-A& O Aug Term 1st gu g 6s ’4 7 .-A& O Chateaugay R y — See D el & H Chattahoochee & G ulf— See Cent o f Ga Chat Rome & Sou— See Cent o f Ga R y 81 Chattanooga Sta 4s 1957 gu__J&J Chesapeake & Ohio— 1st ccns g 5s 1939________M & N 10234 90 General 434s gold 1992___ M&S Conv g 434s 1930 op 1915 F& A 9634 100 Gen fund & im pt 5s 1929.-J&J Conv g 5s 1946__________ A&O 10334 4.60 E q tr4 3 4 sJ u ly 15 ’25-’26 J&J15 4.60 E q tr 434s N o v ’25-’2 7 -.M & N 4.60 E q tr 434s D ec ’25-’26___J&D 5% E q tr 5s M a r 15 ’26-’38-M&S15 5.05 E q t r 534s ’26-’37 (y r ly ).- J & D 5.35 E q tr 6s 1926-35 (yrly)..J& J15 5-10 E q 634s 1925-’35 (ann)--J& D Craig Valley 1st 5s g 1940-J&J 9834 Potts Creek 4s 1946_____ J&J 83 34 R & A D iv 1st con g 4s ’89 .J&J 8434 80 2d con g 4s 1989 ___J&J W arm Sp Val 1st 5s g ’41 .M&S 9334 Coal R iv R y 1st 4s gu ’45. J&D 8434 Elevator Co g 4s gu 1938.A& 0 75 86 B ig Sandy R y 1st g 4s ’44. J&D Greenb R y 1st g gu 4s ’40 M & N 8634 Raleigh & S W 1st 4s ’3 6 .-J&J 91 W est Poc Corp 1st 434s ’45 F & A 1 90 Chesapeake & Ohio Northern— 98 1st M 5s 1945 guar_____ A& O Chesterfield & Lane 1st 5s ’ 55F&A 60 Chic & A lton 1st 3 34s 1950.- J&J f 5334 C tfs o f dep Jan ’23 coup attach. / 51 R R refunding g 3s 1949.-A & O / 63 C ertificates o f deposit— Stpd as to Oct 1924 in t-------/ 60 34 Stpd as to A pr 1925 in t-------/ 5934 Equip trust 6s Jan 15 ’26-’35 (yearly) ______________ J&J15 6 5.70 Chicago Burlington & Quincy— Gen M 4s 1958__________ M&S 9134 101V 1st & re f g 5s 1971 ser A . .F & A 5.25 E q t r 6s Jan 15 ’26-’35-.J&J15 Illinois D iv 334s’ 49 op ’29 J&J 8434 4s July 1 1949__________ J&J 9134 Nebraska E x t 4s 1927____ M & N 9934 Chic & East 1 1 (new co) 1 Gen M 5s M a y 1951.........M & N 7534 90" s Sale price. Ask. 8034 4.35% 4.75% 100 80 101 10134 108 434% 4.75% 5.15% JO 10034 103 V 10134 4.30% 100 9734 109 6% 108 9434 5.10% 83 102 9034 101 10334 4.25% 4.30% 4.25% 4.75% 4.80% 5.05% 4.85% 9834 85 93 70 5434 52 63 34 6234 5.35% 10134 5% 8534 94 101 7534 n RAILROAD BONDS M a y , 1925] NOTICE.— All bond prices are "and interest” except where marked “I” and income and defaulted bonds. B onds Bid. Chicago & Eastern Illinois— 1st consol 6s gold 1934___ A&O 107 3s E q 534s Sept 1925______ M & S 6 4.50 Chic & I C R y — 1st 5s 1936. J&J 62 Chic Grt West— 1st 4s 1959-M&S Chic Ham & W est 1st 6s ’ 27-J&J 10134 Chic & I C R y — See Chic & E 1 1 1 Chicago Indiana & Southern R y Con mtge g 4s 1956 guar ..J & J 8794 Ind 1 1 & la 1st g 4s 1950--J&J 1 90 Chicago Indianap & Louisville— R e f M g 6s 1947 series A ..J & J 10934 R e f M g 5s 1947 series B ..J & J 100 R e f M g 4s 1947 series C ..J & J 87 90 1st & gen 5s 1966_______ M & N 1st & gen 6s M a y ’66 ser B_ J&J 102 34 Equip tr 6s ’26-’35 (yr)-_J& J15 b 5.45 Indianap & Lou 1st 4s '56--J& J 7734 Monon Coal gu 5s ’36 op t-J& D 55 Ch I & St L Sh L — See C C C & S tL Chicago Lake Shore & Eastern—■ 1st M 434s 1969 opt 1919-J&D 92 34 88 Chic M em p & G u lf 5s 1940--J&J Chic M ilw & Puget Sound— 44 1st M g 4s 1949 guar.-J& J-Q -J Chicago Milwaukee & St Paul— Gen g 4s A M a y 1 1989___J&J 7694 Gen & ref 434s Jan 2014--A&O 4434 Conv 5s Jan 2014 ser B .- F & A 45 3 4 102 1st sec 6s 1934____________ J&J 6634 Gen g 334s B M a y 1 1989--J&J Gen 434s M a y '89 series C-J&J 8334 Deb gold 4s July 1 1934----J&J 4434 45 3 4 Conv deb 4 ^ s ’32 opt ’22-J&D Gold bonds 4s 1925 opt ’22. J&D 4634 m European loan 4s 1925--J& D m 4634 Equip tr 6s 1926-35 (yr) J&J15 66.00% 90 Bedford Belt 5s____________1938 Chic & M o R iv 1st 5s 1926-J& J 97 94 Milwaukee & Northern— 1st ext 434s '34 (blu e)__J& D 8534 Cons 6s 1934 3xt at 434 % 84 to 1934 (brow n)___J&D Chic & N o r M — See Pere M arq Chicago & N orth W e s te rn Gen M 334s g 1987______ M & N 73 34 Gen M gold 4s 1987_____ M & N 82 34 Stmpd non-pay Fed inc tax 82 3 4 10134 Gen MT 5s ’87 stpd inc tax.M & N 100 Sinking fund deb 5s 1933-M & N Sinking fund 6s 1929_____ A&O 10434 100 3 4 5s 1929_________________ A&O Exten bonds 4s 1926___ F&A15 9834 107 10-year 7s June 1 1930____ J&D 10834 15-year 634 s M a r 1936___M&S 1st & ref 5s M a y 2037____ J&D 90 3 4 E q tr 6s ’26-’35 ser M (y r )_ J & D 6 5.35 Eq tr 6s Jan 15 ’26-’35--J&J15 6 5.35 E q tr 634s 1926-36 ser J ..M & S 6 5.15 E q tr 634s 192 1-36 ser K .A & O 6 5.15 95 Des Plaines Val 434s 1947.M&S Frem E lk & M o V 6s ’3 3 --A& O 10734 8734 la M in n & N W 1st 334s’35.J&J M a n ito w G B & N W 3 H s ’41-J&J 8294 M ilw Lake Shore & Western— E xt & im ps f g 5s 1929--F & A 9934 M il Sparta& N W 1st 4s ’47.M&S 8734 M il& State Line Ist334s’41-J&.T 8094 99 Peoria & N W 3 ^ s 1926--M&S 99 Prin & N orth w 334s 1926--J&J 103 St L Peo & N W 5s 1948--J&J St Paul East Gr T r 434s’47.J&J 9334 Sioux C ity & Pac 334s '3 6 .F & A 8694 Chicago Peoria & St Louis— Prior lien gold 434 s 1930--M&S 1734 Certificates o f deposit______ 17 34 Chicago Rock Isl & Pac Railway— 8334 General gold 4s 1988______ J&J 8794 R e f g 4s 1934 opt to 1911 ..A & O 101 34 534 % notes 1926-........... -.J & D 993-8 5% notes 1929_____________J&J 5% notes 1929___________ M & S 9934 E q tr 6s Jan 15 1926-35-J&J15 6 5.55 Eq tr 5s 1925-38 (s-a)____ J&D 6 5.10 E q tr 5s Oct ’25-’34 (s-a) _ - A & O 6 5.10 Eq 434s 1925-July’27 (s-a)-J&J 6 4.80 Burl Cedar Rapids & N orth—• Con 1st & coll tr 5s g ’34. A&O 1003-s Choctaw Oklahoma & G u lf— 100 Consol gold 5s 1952____ M & N 9* Choc & M em ph 5s 1949___J&J Peoria R y T er 4s ’37 gu op-J& J 7834 86 R I A r & La 434s 1934____ M&S Rock Isl & Peoria 6s 1925--J&J 8334 8 t P & K C 8 h L 4 H s ’4 1 --F & A Keok & Des M — 1st 5s ’23.A & O Certificates o f deposit______ / 8494 Stamped as to interest____ / 82 Chic St L & N O— See 1 1 Central 1 Chic St L & Pitts— See Penn Co Chic St Paul M inn & Omaha— 10294 Cons 6s June 1 1930___ J&D Cons 6s red to 3 H s 1930--J& D 9234 Deb gold 5s M a r 1 1930--M&S Stamped_____________________ E q 6s 1926-35 (ann)____J&J15 6 5.45 E q tr 7s 1926-31 series B ..J & J 6 5.35 N orth Wisconsin— 6s 1930-J&J 100 Super Sh L 5s June 1930- M & S Chic Terre Haute & Southeast— 80 1st & re f g 5s Dec 1 ’60 opt.J&D 6434 Ircom e m tge Dec 1 1960______ 7234 South Indiana 1st g 4s '51-F & A Chic TJn Stat 1st 4 Mis 1963-.J&J 9234 102 1st M 5s 1963 series B ____ J&J 11634 1st M 634s series C 1963--J&J Guar gold 5s 1944_________ J&D 9834 Chicago & Western Indiana— Gen gold 6s D ec 1 1932___Q-M 10534 7894 Consol gold guar 4s 1952___J&J Sink fund 734s Sept 1 ’35-M & S 983-8 1st & r e f 534s 1962 A ____ M & S Chic & W est M ich— See Pere M Choc Okla & Gulf— See C R I & P Cincinnati Ham ilton & Dayton— 9334 General 5s gold 1942_____ J&D 9234 2d m tge gold 434s 1937____ J&J D ayton & M ichigan 1st 5s 1911 9634 E x t at 434 % to ’31 o p ’ 17.J&J __ Ask. 10734 4.10% 6234 10234 ____ 10334 5.05% 7834 60 4434 7734 45 4534 102 3 4 84 4534 46 4634 47 3 4 5.70% 95 9734 86 74 3 4 8594 8534 10134 101 105 10034 99 10734 10894 9 '34 5.05% 5.05% 4.90% 4.90% 10834 8994 10094 88 9934 9934 10334 8894 __ . 8434 8794 10134 9994 9994 5.25% 4.90% 4.90% 4.40% 101 101 101 80 8734 84 __ __ __ 8034 66 7334 9294 10234 9834 79 __ 9834 Ask Bid. B onds. Ask __ __ __ _ 95 9734 / This price Includes accrued int. Bid __ 10334 94 98 98 5.15% 5.05% __ 6 Basis. B onds Des M & F t D — See M inn & St L C I St L & C— See C O C & St L — Cin Ind & W est 1st 5s 1965-M&N Des PI Val R y — See Chic & N W 75 76 Cin Leb & N o r— See Pennsylvania R R D et Gr Rap & West— See Pere M Cine & Musk Val 4s 1948___F & A 72 3 fc D et & M ack pr 1 4s 1995____ J& D 7334 M ortgage gold 4s 1995___J& D 65 Cin N O & T ex Pac R y — 66 E q tr 5s 1926-38 ( y r ) - . . A & 0 b 5.25 5% D etroit R iv Tun— See M ich Cen 89 Cincin N orth 1st g 4s 1951--J&J 87 D etroit & Toledo Shore Line—■ Cin San & Clev— See C C C & St L 1st gold guar 4s 1953_____ J&J 82 Dul & Ir Range— 1st 5s '3 7 --A & 0 10134 Clearfield & Jeff— See Pa & N W 13134 Duluth Missabe & Northern —■ C learf & Mahon— See B R & P Cleveland Akron & Columbus— Gen g s f 5s Jan 1 1941____ J&J 104 ____ ____ Duluth South Shore & Atlantic General gold 5s 1927_____ M&S ____ ____ 84 1st cons guar g 4s 1940___F & A 1st gold 5s 1937_____ ______J&J 8334 ____ ____ Dutchee Co— See Cent N ew Eng Unguaranteed_______________ East Tenn Va & Ga— See So R y —• C lev Cine Chic & St Louis— 83 Eastern M in n— See St P M & M General 4s gold 1993______ J&J 82 34 102 Elgin Jol & East 5s 1941-- - M & N 101 Gen M 5s ser B 1993____ J&J 10134 98 97 3 4 Elm ira & Williamsport— Deb gold 434s 1931______ J&J 103 3 4 10334 89 R e f & imp 6s 1929 ser A --J & J 1st 6s 1910 ext at 4% 1950-J&J 88 Income 5s 2862___________ A&O 97 34 99 R e f & imp M 6s ’41 ser C ..J & J 10434 105 34 R e f & imp M 5s ’63 ser D ..J & J 9834 9834 E l Paso & R I — See El P & Sow 5% 4.75% E l Paso & Southwestern Co— Equip tr 5s 1925-’29 (y r )..J & J b E l Paso & S W R R — 65.25 5% Equip tr 6s 1926-’27 (yr)__J & D 101 Cairo D iv 1st g 4s 1939___J&J 1st & re f 5s 1965______ A&O 90 10034 81 N ew M exico R y & Coal Co— C W & M D iv 1st 4s g ’ 9 1 .-J&J 8034 1st col tr g 5s Oct 1 '4 7 .A & 0 99 St L D iv 1st col tr g 4s ’90 M & N 83 ls t& c o n & c o lltr g 5 s ’ 5 1 .A & 0 99 Spr & Col D iv 4s 1st g '4 0.M & S 8834 W hite W V D iv 1st 4s ’40-J&J 88 Dawson R & Coal 5s ’51-J&J 99 8634 Cine Ind & St L Sh Line R y — E lP a s & R I ls t g g u 5 s ’51-J&J 99 Erie— N Y & E ls t 4 s e x t g ’47-M & N 89 92 1st gold guar 4s 1953___A&O 93 C I S L & C 1st 4s g Aug ’36 Q-F 434s 3d ext 1933.............. M & N 9334 9134 ____ Cin San & C lev con g 5s ’28-J&J 5s 4th ext gold 1930_____ A & O 10034 99 34 4s 5th ext gold 1928______ J& D 98 C lev Colum Cin & Indianap— 7s 1st cons '20 ext to ’3 0 --M & S 10834 Gen cons gold 6s 1934— J&J 107 3 4 10834 Id Blm & W ext 4s 1940--A& O Prior lien gold 4s 1996____ J&J 70)4 71 8834 O Ind & W g 5s A pr 1938--Q-J Gen Lien gold 4s 1996____ J&J 62)4 6234 87 34 Peor & East cons 4s ’40 A&O 79 80 C onv gold 4s 1953 ser A - .A & O 64 34 6534 2d cons inc 4s 1990___A pr 1 / 3134 64Vs Series B 1953...............A & O 3234 6534 Cleveland Lorain & Wheeling— Series D 1953---.......... A& O 69)4 70 Cons now 1st 5s 1933___A& O E q tr 6s 1926-35 (year).J& J15 6 5.55 5.20% 10034 102 Eq 6s ser F F '25-'28(s-a)_M&N|6 5.45 5.15% Stamped subject to c a l l - ___ 9534 Penn coll g 4s Feb 1 '51___F & A Gen M 5s 1936_________ J&D 96 9934 9834 ____ Buffalo & Southwestern— Con refg g 4 34s 1930 red --J& J 9734 1st g 6s ’08 ext to 1928-J&J 10134 C lev & Mahon Val— See Erie R R 2d g 5s '08 ext to 1928--J&J 96 C lev & M arietta— See Penn R R JeffR R 5sext at 5 '4 ’29___A& O 10134 Cleveland & Pitts— See Penn Co 10234 C lev Short Line— See L S & M S Chic & A lt Term 5s 1928--J&J 80 Ch & Erie 5s 1st g 1982--M & N 99J4 10034 Cleveland Terminal & Valley—■ 82 1st 4s gold guar 1995____ M & N Income 5s Oct 1982_________ 8334 C leve & M ah Val g 5s ’38-J&J 100 Cleveland Union Terminals— ■ 1st s f 534s 1972 series A - .A & O 10534 10634 Erie & Jersey s f 6s 1955-J&J 10234 104 3 S Genesee R iver 6s 1957____ J&J 103)4 104 1st M s f 5s 1973 ser B ____ A&O 10034 100 3s Coal & Iron R y — See Western M d Long Dock 6s con g 1935-A&O 10834 Coal R iver R y — See Ches & Ohio N ew b & N Y 1st 5s 1929--J&J 80 N J & N Y 5s 1950_____ M & N 50 Colo & Sou 1st g 4s 1929____F & A 9834 9834 N Y & G rL a k e gu g 5s’46-M & N 8434 R e f M g 434s M a y 1 ’3 5 --M & N 04 34 92 3 4 N Y L E & W C & RR— E q tr 6s 1926-35 (year)_.J& J15 6 5.50 5.20% 1st 6s ext 534% ’4 2 --M & N 10034 F t W orth & D C 6s 1921— N Y L E & W D & I 1st 6s T3 E xt at 534% to 1961---J&D 10434 Extended at 5% to ’43 --J&J 100 Colo Sou N O & P a c — See St L & S F N Y Pa & O p 1 434s ’35-M&S 96 Colo Spr & Cripple Crk D R y — 9634 N Y Susq & Western— 15 1st gold s f 5s 1 9 3 0 - ____ J&J Cent T r Co ctfs o f dep____ __ 5 15 1st refunding 5s 1937___J&J 6934 7094 2d m tge 434s 1937_____ F & A 59^ 1st cons 5s Oct 1942.- - A&O 2 4 6634 60 Gen m tge 5s g 1940____ F&A 53 Col Connect & Ter— See N o r & W Term 1st g 5s 1943____ M & N 9534 Col Hock Val & T — See Hock Val 9734 78 Registered $5,000 each___ 88 84 Conn & Pass— 1st g 4s '43- A&O _ _ N ew p & Richf 1st 5 s '41 gu J&J M idland o f N J 1st 6s 1910 ext at 5% to 1940___A& O Conn R iver— Gold 4s ’43 - .M & S 60 88 9134 W ilkes & E 1st g 5s’4 2 .J & D 65 Connecting R y (P h ila)—■ 6534 90 Erie & Jersey— See Erie R R — 88 1st M gu 4s M a r 15 '51 M&S15 Erie & Pittsb— See Penn R R —• Connellsv & Monongahela R y — 98 Est R R o f France— 1st s f gold 4s 1930 o p t___M & S 95 82 External s f 7s 1954____ M & N Cuba Northern 6s 1966 stpd.J& J 9134 9134 8234 1st m tge 6s 1966 p l a i n _______ 9134 9134 European & N A — See M aine Cen 87 Evansv Indianap & Terre Haute Cuba R R — 1st g 5s 1952____ J&J 8634 102 1st m tge 7s 1950_________ M & N 10034 1st 1 & ref g 7 34s ’36 ser A . J&D 10334 10334 Im p & equip 5s 1960____M & N 7534 7634 Evansv & Ind 6s 1926______ J&J / » 1 Current R iv — See K C F t S & M Fitchburg— 5s Jan 1 1934___J&J 79 434s ref 1928_____________M & N 73 Dallas & Waco—-See M o K & T D a w s R y & C ’l — S eeE lP aso& S W 434s Jan 1933_____________J&J 78 4s refunding M ar 1927___M&S 78 D ayton & M ich—-See C H & D 87 89 4s refunding 1927________A& O 78 Dayton Union 4s 1949. - -- J&J Del & Bound Br 334s ’ 5 5 ---F & A 4s Jan 1928....... J&J 78 Flint & Pere M a rq — See Pere M Delaware & Hudson—• 107 107-34 Flo Cen & Pen— See Seab A ir L C onv 5s 1935........ ....... A & O 9334 1st & ref gold 4s 1943____ M & N 9034 9134 Florida East Coast 434 s ’59 J& D 108 4 109 1st & re f 5s 1974_________ M & S 9534 7% sec g bonds 1930- -- J&D 9534 15-yr g 534s M a y 1 ’3 7 --M & N 10134 10134 Florida South— See A tl Coast L 5% Florida W est Shore 5s 1934--J&J 97 E q tr 6s Jan 15 ’26-’35-J&J15 6 5.25 94 Florida Western & Northern Adirond 1st 434s '42 gu M&S Albany & Susq 334 s gold 1946 1st M 7s M a y 1 5 ’34 A -M & N 15 11334 11334 Fonda Johnstown & Gloversv—■ (conv before 1916) gu -A& O 82 34 88 B lu ff Point Land Im pt Co— 1st cons r e f’g g 434 s 1947.-J&J 85 80 Gen r e f’g gold 4s 1950____J&J 65 1st mtge guar 4s 1940-- J&J 71 R egistered__________________ 62 Chateaugay Ore & Iron— 66 80 1st cons ref 434s’52 o p t- .M & N 6734 Guar gold 4s 1942______ J&J 6794 Rensselaer & Saratoga—• Fort Dodge Des Moines & Sou— 1st 5s 1938______________ J&D 8234 6% g bds M a y 1 ’4 1 .-M & N 11134 8334 90 F t Smith&West 1st g 4s '5 4 -A & 0 18 20 Utica Clin & Bing 5s '3 9 .-J&J Delaware Lack & Western—■ F ort St Un D ept D et 4)4s’41_J&J 8934 F t W orth & Dn C — See Col & S M orris & Essex 334s 2000-J&D 7934 N Y Lack & Western— F t W orth & Rio Gr 4s 192K_ _J&J 9434 9534 Fre E lk & M o R iv — See C & N W 1st & ref 5s 1973 ser A M & N 100 3 4 G alv Har & San An— See So Pac 1st & ref 434s '73 ser B M & N G alv Houston & Henderson— Warren 1st refg 334® 2000 F & A 8034 Denison & Pac Sub— See Tex & P 1st M 5s 1933____________ A & O 9334 9434 Denver & R io Grande Western—Galveston Term 6s 1938____ M&S 9934 101 Genesee R iver— See Erie R R — 59 Gen income 5s Aug. ’55- M & N f 5834 100 Denver & R io Grande— Gen & W y o 1st g 5s 1929--A & O 99 1st con g 4s 1936__________ J&J 83 3 4 8334 Geor & AJabama— See Seab A L 1st con g 434s 1936 - - - J&J 8634 87 3 Georgia Car & N — 'See Seab A L 4 98 Im prove’t gold 5s 1928___J&D 33 9834 Ga & Fla 1st g 5s 1 9 5 6 ---M & N / 30 1st & ref g 5s 1955 o p ____ F & A / ----Geor M idland— See South’n R y Farm L & T r rects___ 112 110 6034 Ga R R & Bkg ref 6s ’51-A & O / 4534 Bankers T r Co ctfs o f dep 4s Jan 1 1947_____________J&J 83 63 under agree July 1922____ f 4534 Ga Sou & Fla 1st g 5s 1945-J&J 9734 9834 Stamped________________ / 4534 68 Deb 5s 1952_____________A& O 8434 86 Stamped Feb ’22 coup____ / ----E q tr 434s '25-’39 s - a .- .M & N 6 5% 4.80% Am Ex N a t c tf Feb ’22 coup. / — . Gettysburg & Har 5s gu '2 6 -A & 0 100 Aug 1922 and all coup a tt. / Gila Val Globe & N or— See S P R io Gr June 1st gu 5s '39-J&D ^ 9434 9434 Gr Rap Bel & Sag— See Pere M a r 8 Grand Rap & Ind— See Penn R R R io Gr So 1st g 4s '40____ J&J / 6 1st g 4s guar 1940 ____ J&J / Grand Trunk Pacific— 6 R io Gr W est 1st 4s ’39___J&J / 8534 69 1st M 3s 1962.................... J&J 68 8534 1st cons g 4s 1949 o p — A&O / 7334 1st 4s Feb 25 '39 A lg g u .M & N 8834 8934 7334 Utah Fuel 1st 5s 1931--M&S 1st 4s Feb 15 '42 A lg gu M & N 86 87 D enver & Salt Lake— Gen 4s 1962 Can G o v guar.J& J 84 85 32 1st 5s 1943 ctfs dep_____ M & N 34 Prairie Section 4s 1955-— A&O 7634 7734 Mountain Sec 4s 1955____ A& O 7634 7734 Lake Sup D iv 4s 1955___A& O 77 79 k Last sale. JIn London, m Dollars per 500 francs or £20. n N om inal, s Sale price, u Per £200, 32 RAILROAD BOOT)8 .[You 120. NOTICE.— All bond prices are "an d interest" except where marked “f " and income and defaulted bonds". B on d s. Bid. Ask. B onds Bid. Kansas C ity Clinton & Springf’d 116 4 1st 5s gold 1925 guar........ A&O 1164 994 107 \ | Kansas C ity M exico & Orient— 1074 ____ 1st gold 4s 1951 (u n dep)_.F & A 108 10841 6 % notes 1916 c e r tifs .___A&O / . . . . 7 4 784 j Kansas C ity & Pac— See M K & T 72 80 Kan City Sou — 1st g 3s I960.A&O 79 72 4 Ref & impt 5s Apr 1 1950 J&J 9 .4 Eq tr 6 s f 926-35 (y e a r ). .J&J 15 b 5.60 1094 1094 92 1 Kansas C ity Terminal R y— 91 1 st g 4 s I960 opt 1930____J&J 85 4 1014 1004 10.1 9l 9 i4 6 4 % geld notes 1931____J&J 4.>-5 4.7 '% 5 4 % gold notes 1926. .M & N 15 1014 30 5% 4.75% Kan Okla & G u lf ser A 6 s '3 7 .J&J ____ Tno 6 s series B Jan 1949____Jan 5.30 5.05% ____ 111c 6 s series C Jan 1949____Jan 5.30 5% Kentucky Central— See L & N Kentucky & Indiana Term R R 79 87 1st M 4 4 s 1961 (sterling).J& J 88 4 80 70 85 14 Keokuk & Des M — See C R 1 & P 13 4 Knoxv & Ohio— See Southern Ry Lake Erie & Det R iv— See Pere M ____ Lake Erie & Western— 80 100 1st gold 5s Jan 1 1937_____ J&J 95 4 99 4 s 100 2d gold 5s July 1 1941____ l&J Nor Ohio 1st gu 5s g 1945. A&O 864 101 L S & Mich So— See N Y C & l i R 994 Leh & Lake Erie— See Lehigh Val 81 Lehigh & New England— 79 102 1st M gold 5s 1945..............J&J Gen mtge gold 5s 1954____J&J 1004 904 904 Equip trust4 4 s 1925-1931 Var b 5 5 ) 100 >a 1004 Lehigh Valley Harbor Term R y — 102 5.05 4.80% 1st mtge 5s 1954__________ F & A 5.05 4.80% 1Lehigh Valley— 91 5.10 5 •10 % | 1st 6s ext gold 4s 1948____J&D 121 Con M Rs ann reg irred ____ 1&I) 864 874 ____ 95 Con M 4 4 s ann Irred____ l& D 834 81 4 Gen cons gold 4s 2003____M & N Gen con gold 4 4 s 2003___M & N 894 Gen con gold 5s 2003_____ M & N 1004 97 984 5 Vo Coll tr ts Aug ’25-Feb '26.F& A b Lehigh & Lake Erie— 90 1st 4 4 s 1957 guar_____ M&S 83 4 91 Lehigh & N Y 1st 4s 1945-M&S 91 4 74 Lehigh Valley Coal— 73 4 83 1004 1st 5s gold guar 1933____J&J 814 10J 1st 40-year guar int red to 994 4% 1933 J&J 894 Lehigh Valley R v o f New York 1st g 4s Sept 30 1920 ____ 90 y14 1st 4 4 s g"ld 1940........... I&J Ext at 7% to 1925____A&O ____ 85 10 14 Lehigh Vail Term 5« 1941 .A & O 2d mtge 4s gold 1925........F&A 40 50 Middlesex Val 1st 5s '42. .M & N Cons 5s g M ar 31 1925 . .A & O 98 4 101 Hutchinson & S— See A T & S F Pa & N Y Canal eon 5s '39 A&O ____ Cons mtge 4 4 s 1939_ A&O _ 954 Illinois C entral— 1st g 4s '51 J&J 924 ____ 90 Cons mtge 4s 1939____A&O 83 4 1st gold 3 Vis 1951............. J&J ____ Lehigh & Wilkes— See Cent N I 83 4 M ain L ext 1st g 3 4® '51 A&O 72 64 Lex & East— See laiuisv & Nashv 1st M £ 3s 1951..............M&S 8. Litchfi Id & Mad 1st 5s '34 M & N 824 1st M £ 4s 1951................A&O If 84 84 8.) Little Miam i guar 4s 1962.-M & N T r bonds £ 3 4 s 1950........... I&J If 75 _ _ . L ittle Rock & Hot Spr West Ry — 88 Coll trust gold 4s 1952 — A&O 79 84 4 1st gold 4s 1939 gii ir ........ .J&J Col tr 1 N O & T g 4 s '5 3 .M & N . 84 4 108 Long Island— Unified g 4s'40M&S 83 4 R e f mtge 5s 1955............ M & N 105 4 83 12 _ Refunding g gu 4s 1949_ M&S R e f g 4s 1955 opt 1918 M & N 89 4 — ____ Tax-exem pt New Y o rk ........ 82 4 l*ur lines 1st g 3 4 s 1952. ,J& J 10 1 1st cons f 5s July 1 1931___Q-J Jt 1st ref M (1 C & C S L & y< 4 > 9" 4 1st cons g 4s July 1 1931.. Q-J N O) 5s 1963 ser A ....... l& D 984 102 8y 4 Gen mtge gold 4s 1938____ J&D Ser B (£100 & £200) '6 3 .J&D If 97 90 103 4s gold 1932..................... J&D 10.'4 Gold 5 4 * Jan 1934______ J&J 112 111 964 Debenture gold 5s 1934_ J& D _ Gold 6 4 s July 1 1936. ..J & J 884 Debenture gold 5s 1937..M & N E o tr 4 4 s July '25-'26 ..J & J b 4.50 4.16% Equip tr 5s 1926-39 (y r )..A & < ) b 5 4 0 E q tr 4 4 * 1925-1937 (y r) A&O 6 4.95 4 70% E q 5s N ov ’25-Nov '2 7 . . M & N b 4.65 4.40% Equit. tr 6s 1925-32 (y r )..F & A ft 5.60 95 Montauk Ext 5s 1945_____ J&J E o tr 5s 1928-38 ser .1 . . M&N b 4.95 4.70% 95 5% E o tr 6s *26-*35 (y e ;ir). . J& J 15 b 5.25 Brook & M on 2d 5s 1938 J&D 98 1, I C ity & F con 5s 1937.M & N Equip 6 4 s 1926-1936...M & S b 57. 4.80% 97 Equip 7s 1925-1935_____A& O b 5. '5 4.85% N Y Bay Ext R Is5 5s g '43 J&J ____ New York Bklyn & Manh Brh Cairo Bridge 4s g 1950_ J&D _ 894 ____ 994 1st gold 5s 1935_______ A&O Llteh D iv 1st g 3s 1951 — J&.J 714 100 82 N Y & R B 1 g 5s 1927..M & S st Louisv D iv 3 4 s g 1953___ l&J 80 4 73 North Shore Branch— Omaha D iv 1st 3s g 1951 . . F & A 99 8 4 1st cons 5s g Oct 1 1932.-Q-J St Louis Div 3 4 s g 1951..J&J 814 ____ Louisiana & Arkansas R y— St Louis D iv 3s g 1951____J&J 72 4 81 994 1st s f gold 5s 1927_______ M & S Sp'gfleld D iv ext 3 4 s '5 1 .. J&J Louisiana & North Western— Vtfestern lines g 4s 1951 — F& A 864 45 1st M gold 5s 1935.......... A&O Chicago St Iyiills & N O— „ ___ Louisv Cine & Lex— See Ix>u & N Con g 5s June 15 '51 .J& D 15 102 4 Louisville llend rson & St Diuis— Con g3 4 s June 15*51 J&D 15 794 8 14 98 4 1st mtge gold 5s 1916._ J&J _ M em Div 1st 4s 1951 . .J&D 85 4 Louisville & Jeffersonville Bridge St Louis Alton & Ter Haute— 93 4 85 Guaranteed gold 4s 1945-.M&S St 1 South 1st g 4s '31 M&S . 94 4 ____ Louisville & Nashville— Oarb&Shaw 1st g 4s'23 M&S 934 104 4 50-year gold 5s 1937_____ M & N Ind Bl & Wn— See C C C & St L 95 Uoifii-d gold 4s 1940.......... J&J Indiana 1 1 & la— See Chic Ind So 1 100 4 Coll trust gold 5s 1931_ M & N _ Ind & I » u is v — See Ch Ind & L So ____ 1064 7% g notes M ay 15'30.M & N 15 Indianapolis Un 4 4 s '2 6 _ M & N _ % 100 1st & ref 5 4 s 2003 ser A . . A& O 106 '/ Gen & ref g 5s 1965 ser A . .J&J 100 4 ____ 100 104 4 1st & ref 5s 2003 ser B ____A&O Series B ........ ........................ 94 4 1st & ref 4 4 s 2003 series C S& O Interboro-M et ISee Street & E Eq tr 4 4 s 1925-37 <yoar).J& D 0 4.9o Inter Rap Tran f Ry Securities Equip 6 4 s 1926-36 (year) .M&S b 5% Internat-Oreat North R y— 10 24 Eq tr 6s Jan 15 '2 6 -'3 5 .. J&J15 b 5.25 1st M g 6s 1952 series A ___J&J 103 4 91 70 A tl K & Cin D iv 4s 1955.-M & N A di M 6s 1952 series A . . . A p r il 704 1024 684 101 Consol gold 4s 2002____M&S 6% gold notes 19 _30~_____M&S 100 4 994 Tnfcernat Rys (Central Am erica)— Lou C & Lex 4 4 s s 1931 .M & N 78 4 N O M ob 1st gold 6s 1930--J&J 104 4 1st M 5s' 1972 o p t_______ M & N 784 96 99 10-14 2d gold 6s 1930_________J&J 894 85 Pad & M em D iv 1st 4s '4 6 .F & A 89 6 % notes 1936----------- ---------____ S E & St L D iv 6s 1971 ...M & S Iow a Central— See Minn & St L 2d mtge 3s 1980_______ M&S 614 la Minn & N W — See C & N W ____ 105 Henderson B d ge6 sg 1931.M & S Jacksonv T er 1st 5s gu '3 9 . .J&J 100 ____ 854 Kentucky Cent 4s g 1987.-J&J R e f & ext 6s 1967...............I&J 107 4 106 4 Lex & East 1st 5s 1965_ A&O _ Jamestown Frank & Clearfield— ____ 964 L & N M ob& M ont 4 4s'4 5M & S 1st g 4s 1959 guar_________J&D 884 Louisv & Nashv Southern joint Jefferson— See Erie gold 4s 1952___________ J&J 834 Joplin Union Station— 80 94 L & N Term 1st g 4s '52 gu J&D 1st g 4 4 s 1940 guar op . .M & N 914 101 Nash F & S 1st gu g 5s '37. F&A Kal A1 & 6 R R — See L S & M S Kanaw & M ich— See Tol & O C N ew port & Cincinnati Bridge— 93 4 1st M g 4 4 s 1945 guar. ..J&J Kanaw & W Va— See Tol & O C S & N Ala cons M g 5s '3 6 .F& A Kan C ity F t Scott & Memphis— 1034 106 Gen cons gu g 5s 1963..A & O R e f g 4s 1936 guar............ A&O 854 854 ____ 103 103 4 Macon Dub & Sav 5s 1947.-J&J Cons 6s 1928____________ M & N 1 0 0 4 Macon Terminal 5s 1965____J&J Current R iv 1st 5s 1 9 27 ..A & 0 99 4 974 K C M em & Bir 4s 1934. -M&S 924 9 3 4 Mahoning Coal— See L S & M S ____ Incom e 5s M ar 1934..S e p t 1 / 9 2 4 Assented_____________ M&S 974 96 4 Kan C ity & M em R y & B — 984 1st 5s gold 1929____ ..A & O 994 Grand Trunk R y o f Canada— Sink fund g deb 7s '4 0 - . - A & O D eb g 6 s Sept 1 1936.- .. M & S E q tr 6 4 s 1936 (ser F ).. F & A Canada Atl 1 st 4 s 1955____J&J Grand Trunk West 4s £' '5 0 .-J&J 1st g gu 4s $ July 1 1950--J&J Great N orthern— Gen M 7s 1936 series A ____ J&J 1st & ref g 4 4 s '61 op '41 - - J&J Gen M 5 H » 1952 ser B ___J&J Gen M 5s 1973 series C ____J&J E q tr 1925-1939____M & S 6 Eq tr 5s 1925-1938 ( y r ) . . M & S 6 E q tr 6 s Jan 15 ‘‘26-’35-J&J 15 b Western Fruit Express EqAsJune t5'25-'39(yr). J&D b Great Northern R y o f Canada— Cons 4 s 1934 opt to 1914 - A&O f Debt ctfs B ............................... / Greenbrier R y — See Ches & Ohio Greenwich & Johnsonville— 1st gold 4s 1924................J & J Gulf. M obile & Northern— 1st 5 4 * 1950 ser B _____ A& O s G u lf & Ship Island R R — 1st ref & term g 5s Feb '52-J&J G u lf Terminal o f M obile— 1st m tge g 4s 1957 gu. — J&J Ilenderson Br— See Lou & Nash Hocking Valley R y — 1st cons gold 4 4 s 1999___J&J 5% notes 1926................. M&S En tr 5s 1926-1938 (a n n )_A & 0 b E q tr 5s 1925-1939 (y r ). ..J & J ft Efi tr 6s Jan 15 '26-\35. .J&J 15 b Ool & H V ext 4s 1948. . .A & O Col & T..1 1st g 4s 1955 . F & A Hollid Bed & Cuml>— See Pa R R llnusa tonic— See N Y N H & H Houston Belt & Term 5s '3 7 .J&J Houston E & W Tex— See Sou Pac Houston & Tex Cen— See Sou Pac Hudson & Manhattan— 1st gold 5s 1957 o p t..........F&A A d j Inc up to 5% Veh ‘ 57 .A&O / 1st M 4 Vis 1957 co n v-----F&A N Y & Jer 1st g 5s ’ 32 o p t.F & A ftBasis. / T h is price in eludes accrued Interest. It Last sale. I In London. Ask. B onds M aine Central— 1 st & ref 4 4 s 1935............ J&D 1st & ref 5s Dec 1935____J&D Eur & N A g.Od 1933___ J&J Hereford R y— G 4 s '3 0 ..M & N Upper Cm is 1 st. gu 4s '30 .M & N 73 Upper Coos Ex 4 4 s g '3 0 .M & N 91 Washington Co Rv 1st g gu 5.10% 3 4 s Jan 1954 op 1924. J&J Manila RR Sou Lines 4 s '39. M & N 4 s 39 ext 19 59 1 U S gu ir> . . . . 854 Sinking fund g 7s 1937..M & N 1014 Matiit'4il>;i & s K— Su«*<Vin N*»r 40 Manitoba S W c„| 5s 1934. .J& D 20 M arq Houghton & Out 6 s '25A & 0 15 Extended to 1935..................... M d Del & Va 5s 1955 gu____ F& A f M aryland & Pa 1 st g 4 s '51 .M & S Mason C ity & Ft Dodge— 81 f 87 Memphis Union Station Co— 1st g gu 5s N ov 1 '59____M & N Merchants' Br— See Term R R Meridian Term 4s '55 guar.M & N ____ M exican 1liter national— 95 4 Prior lien 4 4 s 1947______ M & S f 1st eon gold Is 1977..........M & S / 874 Sept I 1914 coup o n ________ f Sept 1 19 14 Coupon o f f _____ f Mexican North 1st 6s 1930 J&D / Mich ( ’out— See N Y C & 1 R 1 1014 Middlesex Valley— See Leh Val 5 25 ,0 M iddletow n & Unionville— 2d M adi inc 6s 1933____M & N — 102 4 Midland o f N .1 See Erie Midland Term 5s 1925_____ J&D ____ Midland Valley— 5s 1943...A & O 127 Adj M tpr 1 '53 ser A ____Sept ____ Serb's It ________________ . . . . 8 1 4 Milieu & Southw— 5s 1955 . A&O f 1 0 4 M il LakeSh& West— SeeChi& N W 100 4 M ilw & N o— See Ch M ilw & st P 4.50% M ilw & Sp irt & N W — See Chic M in & Pac— See M St P & S S M Minn & St L— 1st 7s 1927..J&D 1st cons 1 g. Id 5 |93t s.M & N f Certificates o f d e p o s it._____ ! 1st rt.fg g bl 4s 1949. .. M&S f 1014 Ref & ext 5s Feb '62 ser A .Q -F / 1*1 £11 ^ 7S iq*27 .l& l) i)es"M & Ft D lst |s ’3 5 ..J&J Certificates o f deposit........ . 98 ___ Iowa Cent 1st * 5s iVD / ____ Certificates nt deposit f ____ 1st & ref g Is 1951____M&S / Minn St P & Sault Ste Marie— ____ 1st cons gold 4s 1938____ .J&J 1st c.ms g .ld 5s 1938........ J&J 2d M gold 4s guar 1949...J& J ____ Coll trust 6 4 s 1931____.M & S ____ 1st. ref (is 1946 series A ___.J&J 25-year 5 4 s 1949..........M & S Eq tr 7s 1925-1930 (year) J & l) b 80.4 M S Ste M & M l Is 1926.. J&J 8 ,4 Minn & I’iic 1st ts 1 9 3 6 ...J&J 834 ____ M SI P & S S M & Cent Term Ry — ____ 1 ’ h Ter s f 4s’41 op" 16 M & N st( ____ Minneapolis Term — See Wis Cent 90 4 Mississippi Cent g 5s 1919...J&J 93 M issoiiri-Kansas-Tex R R — 98 1 'riei lien 5s 1962 ser A ____ J&J Prior lien 4s 1962 ser B ____J&J 894 prior lien 6s 1932 ser O ____J&J 5 Vo 5 .2 0 % Adj M 5s Jan 1967 ser A . .A & O f ____ Mo Kail & Tex (old company) — 1st gold 4s 1990 ........... J& D ____ Eq tr 6s 1925-35 (year) .J&J 15 ft ____ Boonvilie RR Bridge— 1st k £U s T Is 1951____M & N f Dal & Waco 1st gu 5s '40 M & N f 994 Kiin O & Pac 1st 4s g '90. F&A / M o Kan & E 5s 1942 gu .A & O f Missouri Kansas & Okla— 994 1st g gu 5s M ay 1 '42. .M & N f ICO M K & T o f I' 1st 5s g , '42 M & S Sherman Shreveport & S— 1st M >ru *<»lc| 5s 1913. J & l) / 55 S w Coal & Imp 1st 6s '29 J&J f Texas & Okla— As 1943 .M & S I ____ Mo Pacific RR mew company)— 1st & ref 5s July 1926 C .. F & A 86 1st & ref 5s Jan 1965 A . . . F&A 1st & ref 6- 1949 ser D .. .F & A 5% gold notes 1927______ J&J 6% secured note.- 1930 ...M & S 954 Kqniii trust I 9*2Q tO (\rr)M&.9 b 101 4 196 4 M o Pacific (old company)— 108 Gen M ts Mi.r 1975......... M&S 194 4 Equip 6 4 s 1926-36 (year) F& A ft Eq tr 6s Jan 15 '26-'35. .J&J 15 ft 94 4 4.70% 3d 7s ext to July 1938 at 4.80% 4 % ............................... M & N 5% Cent Br Un Pac 1st g 4s '48 J&D 92 Pac o f M o 1st ex g 4s '38. F&A ____ 994 107 St L II E 1st 5s 1938.-M & N Card Jet Br 1st 4 4 s '38. A& O St Louis Iron M t & Sou — Bid 87 92 90 89 4 92 91 67 604 6 ) 105 984 99 40 Ask 89 95 914 94 61 4 664 107 994 103 76 584 97 100 81 82 50 90 92 60 99 4 59 4 55 I '4 13 'i Q()7^ 43 4 6 4 . 7% ; l.i 4 95 4 103 4 100 84 4 5.40 100 103 61 20 144 454 60 '4 >0 2J4 814 954 103 4 10 <4 814 1004 92 4 93 4 94 93 4 934 78^ 10« 4 844 1 0 !4 84 >* 83 834 5 70 5.25% 70 90 en 113 30 90 1004 1004 8 >4 87 4 100 4 100 4 1004 1004 10 '4 10' 5.10 4.90% 64 4 64 4 5.45 5.10% 5.55 5.20% 87 75 91 99 78 4 914 .... 88 Q5 ^ Gen con ry & 1 g 5s '31 . A&O i6 o > i ____ Gen con stpd gu g 5s '31 A&O 62 R iv & G u lf Div 4s '33. .M & N 87 4 874 ____ Verd Val 1& W lst5s'2 6M & S 1004 101 86 M o b ile * Birin— See Southern Ry M obile & O— 1st g 6s 1927.-J&D 102 4 1 °3 4 ____ 1st exten 6s July 1927____Q-J 1034 1024 Gen g 4s 1938....................M & S 894 834 Eq tr 5s 1926 '38 (s-a ). . .M &S 65.10% 4.90% _ _ Eq tr 5s 1926-39 (y e a r )____J&J 65.10% 4.90% 101 M oiitgom D iv g 5s 1947..F & A <9 4 9 '4 St Louis Div 5s 1927........J&D 994 1004 95 St L & C 4s guar 1931____J&J 94 4 944 1 0 ,4 M o'k & M alone— See N Y C & H 1064 Monongahela Sou 5s 1955.-A& O 98 8 1 4 M ont Cent— See St P M & M 98 M ont Wyo & So 5s 1 9 3 9 ...M & S 60 70 M orris & Essex— See I) L & W Nashville Chattanooga & St L— 1st consol gold 5s 1928_ A&O _ 1014 102 4 Eq tr 4 4 s 1925-37 (y e a r).A & O 6 4.95 4.75% Nash Flor & Sheff— See L & N s Sale price. n N om ina). 95 994 M ay, 1 2 .] 95 RAILROAD BONDS 33 N O T IC E .— A ll b o n d prices are " a n d in t e r e s t" ex cep t w h ere m arked " f ” a n d in com e an d d e fa u lte d b on ds. B onds. Bid. N ational Railways o f M exico— Prior lien g 434s s f 1957--J&J / / July 1914 coupon on_________ / Assn’t June coupon on_____ / 17 Gen mtge 4s 1977 ________A&O / A pril 1914 coupon o f f _____ / Gen 4s assent red mble 1977___ / 16 % 8% gold notes June 1915.J&D / N a t R R o f M ex p 1 g 434s '2 6-J&J f July 1914 coupon o n .. _______ f Ass’nt with July '24 coupon f 2934 1st cons gold 4s 1951_____ A&O f A pril 1914 coupon o f f ______ f Ass’nt with A pr’24 coupon on f 16M Nebraska— See O B & Q N ew Eng R R — See N Y N H & H N ew H a v & N o — See N Y N H & H N J Junction— See N Y Central N ew Jersey & N ew Y ork — SeeErie 83 N ew Lond N or 1st 4s 1940----J&J N ew M ex R y & C ’l— See E l Paso N ew Orl G t N or 1st 5s '5 5 --F & A 58 N ew Orl & N orth East 6s 1915— Extended at 5% 1940----- M & N R e f & impt 4 34s '52 ser A ..J & J 8934 N ew Orl Term 1st 4s 1953--- J&J 8234 N ew Orleans Texas & M exico— 1st g 6s Oct 1925 series A .J & D 100 % Nori-cum inc 5s Oct '35 series A f 9614 1st 5s 1954 series B . _ ____ A&O 94 % 1st M 5 M s 1954 series A ..A & O 10034 N ew p & Cin Bdge— 'See L & N N ew p & Rich— See Conn & Pass N Y B & M Bch— See Long Island N Y Bay Ext R R — See Long Isl N ew Y ork Central R R — 1 C onv deb 6s 1935 ______ M & N 10634 Cons mtge 4s 1998 series A .F & A 8534 N ew Y ork Central & Bud R iver— R e f’g g 3 H s July 1 1997— J&J 78 M D eb g 4s '34 tax-exem pt.M & N 94 34 91 34 D eb 4s 1942 tax-exempt ..J & J 91 H R e f & im pt 434s 2013 A .A & O R e f & im pt 5s 2013 C . . . A & O 101 14 E q tr 7s ’25-’35 (year) __ A&O 15 & 5 B E q tr 6s Jan 15 ’26-’35 -J&J15 b 5.20 N Y C L eq 5s ’25-’37 (yr) J& D 6 4.85 N Y C Lines eq 5s 1925-3't. J& D 6 4.85 N Y C Lines eq 434s '26-'28. J&J b 4.65 N Y C L eq 434s’25-'37(yr) M & S b 4.85 N Y C Lines eq 4 34s Sept 15 1925 to 1939 (y e a r ).. . .M & S15& 4.85 N Y C R R eq 4 34s '36-'32.-J&J 6 4.S5 Bos & A lb eq 434s '25-’2 7 .A & 0 b 4.60 76 H L S coll tr g 334 sl998____ F & A M O coll tr g 3 34s 1998___F & A 7614 93 1 4 Beech Cr 1st 4s g gu 1936 .J&J 2d guar gold 4s 1936 ___J&J 97*4 Beech Crk Ext 3 34s '51-A& O 7714 C art & Adir 1st 4s 1981.-J&D 8434 75 C lf B it O Co 1st g 4s '40. J&J Gouv & Osw 1st 5s g 1942. J&D 9934 Lake Shore & M ich South— Con g ref 3 ^ s 1997____ J&D 7934 D eb gold 4s 1928______ M & S 9S34 Gold 4s 1931__________ M & N 9634 C leve Short L 4 34s '61 A&O 9734 K A & Gr R 1st 5s 1938.J&J 100 3 4 105 K a l & W P ig ’n g 4s '4 0 .-J&J Mahon O R R 1st 5s 1934.-J&J 10134 Merch Dispatch Transp Co— Eq tr 434s 1925-1926---J&J b 5.25 Michigan Central— 5s coup '31 C & B C div.M & S 10014 97 H D eb gold 4s 1929______ A&O Equip 5s 1925-30 (y r l.A & O b 4.90 Equip 6s 1925-32 (y r)__M & S b 5.15 ____ 1st 5s Kal & S H 1939.M&N 91 1st mtge M Air L 4s '4 0-J&J 1st g 4s Jol & N Ind '57J&J 10 1st g 3 34s J L & Sag '51 .M & S 77 3 4 1st gold 3 H S 1952_____ M &N 8534 B ayC & B C 1st M g 3s’89J&D B at C & S 1st gu g 3s'89..1&D 6034 9134 D et R Tun 434s '61 gu.M & N SO Grand R iv Vail 4s '59. M&S T o l Can Sou & D 4s '56 J&J M oh & M a i 4s 1991_____ M &S 85 3 4 75 Consol gold 3 34s 2002. .M&S N J June 1st 4s gu 1986. .F & A 82 34 N Y & Har 1st g 3 « s 2000 M & N 79 3 4 N Y & N or 1st g 5s 1927.-A & O 100 3 4 N Y & Put 1st 4s g 19 9 3 ..A & 0 85 3 4 Pine Creek gu 6s 1932 — I&D 10534 Pitts & Lake Erie 6s 1928. J&J 5s Jan 1 1928__________ A&O E q tr fi^ s 1925-35(yr). A&O b 5.10 P itts M c K & Y 6s 1932.J&J 104 3 4 103 2d 6s guar 1934-------J&J St Law r & Adirond 5s '9 6 .-J&J 93 3 4 102 2d gold 6s 1996_______ A&O 83 3 4 West Shore 1st 4s 2361. - J&J N Y C & S t L 1st g 4s 1937.-A & O 92 34 103 3 4 2d & impt 6s A B & C '31 -M & N D eb 4s M a y 1 1931------ M & N 9434 R e f 534s 1974 ser A _____ A&O 9534 N ew Y ork Connecting R R — 1 1st M 434s 1953__________ F & A 9234 N Y & Gr'wood Lake— See Erie N Y & Har— See N Y C & FI R N Y & Jersey— See Hud & Manh N Y Lack & West— See D L & W N Y L E & W O R R — See Erie N Y & Long Br— See Cent o f N J N Y N ew Haven & Hartford— D eb 6s Jan 15 '48 conv..J& J15 8734 54 D eb 4s M a y 1 1957_____ M & N 61 D eb 4s July 1 *55 non-conv- J&J D eb 4s 1956 non-conv___M & N 6234 65 D eb 4s 1947 n on -conv.. .M&S 58 3 4 D eb 3 34s March 1947____ M&S D eb 3 34s 1954 non -conv..A& O 54 3 4 5514 90 15-yr secured 6s 1940— A&O Bos & N Y A L 1st 4s g '55 F & A 6934 65 Cent N ew Eng 4s 1961----- J&J 80 Dutchess Co 434s 1940.J&D O o __ b Basis, Ask. 2634 1734 1734 3034 1734 5934 9034 84 >4 101 9634 9534 10034 107 86 80 9534 9234 9134 10134 4.80% 5% 4.70% 4.70% 4.20% 4.70% 4.70% 4.70% 4.25% 7634 77 80 9834 97 9834 103 4.60% 97 3 4 4.70% 4.90% ____ ____ ____ ____ __ 6234 92 >4 95 84 __ 10034 __ __ 100 3 4 4.90% 9334 8334 9334 10334 94 3 4 96 9334 88 5534 64 63 6634 __ 56 93 71 6534 B onds f Th is price includes accrued interest, Bid. N Y N H & H artf (Cored)— Danb & Norwalk 4s 1955. - J&D Gen 5s A pr 1 1925_____ A&O Harl R & Portch 4s '5 4 .-M & N 83 Housatonic con 5s 1937-.M & N 93% Naugatuck 1st 4s 1954 -M & N f 7334 N ew Eng cons 4s '45 gu_.J& J 81 Consol g 5s July 1 1945-J&J 9434 N Y & N E Bos Ter 4s’39 A&O 8434 N H a v & N orth 4s '56 gU-J&D N Y P rov & Bos 4s '42___A&O 8634 N Y Westchester & Bos R y — ■ 1st M g 434s 1946 gu___J&J 65 P ro v Sec deb 4s 1957 g u .-M & N 5134 P rov T er 1st g 4s gu ’5 6 --M&S 8134 N Y & N or— See N Y C & H R N ew Y ork Ontario & Western— • R e f 1st g 4s June 1992 - .M & S 6734 Registered $5,000 o n ly ______ 6334 Gen M g 4s 1955 r e d .. ..J & D 63 E q 434s Sept '25-Mar '28 M&S b 4.75 N Y Phila & N or— 1st g 4s '39J&J 8934 Income 4s Jan 1 1939____ M & N 76 Stock trust ctfs 4s 1948--J& D 8534 N Y P rov & B— See N Y N H & H N Y & Putnam— See N Y C & H R N Y & Rockaway B — See L 'g Isld N Y Susq & W — See Erie N Y West & B — See N Y N H & H N ord R y s f 634s 1950 . . . A& O 8034 N o r f & Caro— See A tl Coast Line N orfolk Southern— 1st & ref g 5s '61 op '15___F & A 7334 N o r f & Sou 1st 5s 1941___M & N 9634 1st gen g 5s 1954 o p t___J&J 87 Ral & Cape F 1st 5s '*43--M&S 87 Ral & Southp con 5s '6 5 --J& D 8634 Suffolk & Car con 5s '5 2 --J&J 8634 N orfolk Ter 1st gu 4s '61 .- M & N 83 N o r f & W est gen 6s 1931 .M & N 10734 Im p & exteri 6s 1934_____ F & A 107 3 4 N ew R iver 1st 6s 1932- -A& O 10734 N & W R y 1st con 4s '9 6 --A & O 9134 D iv 1st lien & gen g 4s July 1 1944 opt Jan 1 1929___J&J 8934 C onv 6% Sept 1929____ M & S 129 N & W Pocahontas 4s '41-J&D 9134 E q tr 434s 1926-'32 (y r) .M & N b 4.75 E q tr 434s 1927-'31 (y r )..F & A b 4.80 Eq tr 4 34s 1929-'32 (y r ) . . A & 0 b 4.80 Scioto Val & N E 1st 4s’89M & N SO N o & So Car— See Car A tl & West N'east o f S C — See A tl C L of S C Northern Cal R y— See So Pac Northern Central— Gen & red 5s 1947 ser A ..M & S 10234 Northern Ohio— See L E & West Northern Pacific— 1 Prior lien g 4s Jan 1997____ Q-J 8434 Gen lien g 3s Jan 2047___Q-F 6 >34 R e f & imp 4 34s 2047 ser A .J & J 83 R ef & imp 6s 2047 ser B . J&J 106 R e f & imp 5s 2047 ser C -.J & .I 96 R e f & imp 5s 2047 ser D J&J 96 3 4 Eq tr 4 34s '25-'32 ( y r ) ..F & A l 5 6 5% Eq tr 7s 1925-’30 (yr)_M & N 15 b 5.10 St P & D D iv g 4s 1996.-J&D Wash Cent 4s M ar 1948-.0-M 8134 St Paul & Dul 1st 5s '3 1 .-F & A 10034 1st consol g 4s 1968___J&D 8434 Du) Union Dep 5s '3 0 --A & O N o Pac Ter Co— 1st 6s '3 3 --J&J 10934 N orth Ry o f Cal— See Sou Pac N orth Penna ext’d 4s '36- -M & N 93 Gen g 3 3-10s 1953_______ J&J 75 N orthw Term g 5s 1926 gu._J& J 30 Norwich & W or— 4s 1927--M&S 97 Ogd'bu & L Cham— See Rutland Ohio Connecting— See Penn R R Ohio I & W — See C C C & St L Ohio River— See Balt & Ohio Old Colony 4s Dec 1925____ J&D 9934 4s Jan 1938 __________ J&J 89 > 4 3 34s July 1 1932___________J&J 90 1st M 5 34s 1944_______ F& A 105 Oregon & California— See So Pac Oregon-Wash R R & N a v — 1st & ref g gu 4s '61 opt - J&J 8334 Ore R R & N a v cons 4s '46 J&D 89 Oregon Short Line— See Un Pac Pacif ic Coast Co— See M isc Bonds Paducah & 1 1 1st 4 34s '55___J&J 1 9534 Pan American 1st 5s '34 opt.J& J / 10 Paris-Lyons-Mediterraneah R R — 74 Ext s f 6s 1958 ________F&A15 S f extl 7s 1958 _______ M & S 15 8334 Paris-Orleans ext'l 7s 1954 M & S 8234 Paulista R y lst7s'42 ser A M&S15 9834 Pennsylvania R R — Con M 4s gold 1943____ M & N 94 do 4s gold 1948-. ..M & N 9234 do 4s gold 1948 sterling____ stamped dollar bonds___ 92 34 do 4 34s g 1960 ______ F & A 99 3 4 93 3 4 Gen g 434s 1965-........ ..J & D Gen g 5s Dec 1 1968 ____ J&D 102 3 4 10-year gold 7s Apr 1 '3 0 .. A&O 10734 15-yr 634s Feb 1 1936____ F & A 11034 40-yr 5s 1 9 6 4 - ._________ M & N 9734 Con M 3 34s g £ 1945_______ I&J If 72 Eq tr 6s Jan 15 ’ 26-’35-.J& J15 6 5.25 Eq tr 5s M ar 1926-'38..-M & S b 4.90 Gen equip 5s 1925-’39 (y r) A&O 6 4.90 Eq tr 4 34s 1925-’39 (y r )._ A & 0 b 4.85 Aleg Val gen 4s 1942_____ M & S 93 Balt Ches & Atl 1st g5s’34 M & S 51 Belvidere Del gu 4s 1927--F&A 98 1st g gu 3 34s 1943-------- J&J 83 Cin Leb & N or 4s 1 9 42 ...M & N 8734 Clev & M arietta 4 34s '35 M & N 9634 Cleveland & Pittsburgh— Ser A 4 34s gen gtd 1942.J&J 99 Ser B 4 34s gen gtd '4 2 - .A & 0 9934 8534 Ser C 334s gen gtd '4 8 ..M & N 8534 Ser D 334s gen gtd '5 0 ..F & A 81 k Last sale. I In London, B onds. Ask. 96 8334 6534 57 68 7534 1334 4.40% 91 8634 8134 74 8834 85 10334 9134 P0 34 131 92 4.50% 4.65% 4.65% 91 10234 8434 6034 £4 /s 108 3 4 96 3 4 96 3 4 4.75% 4.90% 84 87 77 31 93 8334 8934 9834 25 75 84 83 99 9334 95 100 94 10234 103 11034 9734 77 5% 4.75% 4.75% 4.70% 93)4 56 100 n Nom inal, __ __ ---- Pennsylvania R R (Concluded) — D R iv R R & B gu g 4s '3 6 .F & A E rie & Pittsburgh— Gen gu g 3 34s ser B '4 0 ._ J&J Series C 1940 _______ J&J Gr R & Ind ext 434s '41--J& J 2d 4s 1936--- - _____ A& O Muskegon D iv g 5s '2 6 --J&J Holidaysburg Bedford & Cumb 1st M g 4s 1951 g u a r.. J&J Ohio Connecting 4s 1943.M&S Pennsylvania Company— Gu g 4s 1931 op 1921..A & O Gu tr ctfs g 4s 1952. _M & N Gu tr ctfs g 334s 1937..M & S Gu tr ctfs g 3 34s 1941.-F & A Gu tr ctfs g 3 34s 1942..J&D Gu tr ctfs g 3 34s 1944--J&D Ph Balt & Wash 4s '4 3 .-M & N Gen 5s 1974 series B ____F & A P itts Cin Chic & St Louis— Con g gu 434s ser A '40. A&O do Ser B 19 4 2 ..-A& O do Ser C 1942. . . M & N do Ser I 1963____ F & A do 434s ser J '6 4.M & N do 4s ser D 1945.M & N do 4s ser F 1953--J&D do 4s ser G 1957-M&N do 4s ser H 1960-F&A do 3 34s ser E '4 9 .F & A Gen M 5s 1970 ser A ..J & D Gen M 5s 1975 ser B -.A & O C S tL & Pitts ls t5 s g ’3 2 .A & 0 P itts Va & Char gu 4s '4 3 .M & N P itts Young & Ash 5s '2 7 -M & N 1st gen 4s series A 1948-J&D 1st M 5s 1962 series B .. F & A 1st gen 5s 1974 series C .J & D Sun & Lew 1st g 4s 1936. J&J T o l Wahl Valley & Ohio—■ 1st g gu 434s '31 ser A ..J & J 1st g gu 434s '33 ser B ..J & J 1st g gu 4s '42 ser C ___M & S Penn & N Y Canal— See Leh Val Pennsylvania & Northwestern—• General 5s Jan 1 1930_____ J&J Clearfield & J eff 1st 6s '27.J& J Peoria & East— See C C C & St L Peoria & N W — See Chic & N W Peoria & Pekin Union R y — 1st g 534s 1974 series A . F & A Peoria R y Term — See Ch R I & P Pere M arquette (N ew C o )— 1st g 5s July '56 ser A ____ J&J 1st g 4s July '56 ser B . ..J& J E q tr 6s Jan 1 5 '26-’35--J&J 15 b L E & D et R iv 434s '3 2 -.F & A Perkiomen 1st 5s ’ 18 ext to ’38 Q-J 2d 5s 1918 ext to 1938 .. .Q - J Petersburg— See A tl Coast Line Phila & Balt Cent 4s 1951 - -M & N Phila Balt & Wash— See Penn R R Phila Harrisburg & Pittsburgh— 1st mtge gold 5s 1925____A& O Phila N ew t & N Y 3s 1942.-A & O Phila & Read— See Reading Co Phila W ilm & Balt 4s 1926. J&J Debenture g 4s 1932_____ A& O Philippine Railw ay— 1st p 4s 1937 s f opt gu ___J&J Piedmont & N or 1st 5s 1954 J&J Pine Creek— See N Y C & Hud R iv Pittsb Bessemer & Lake Erie— P S & L E 1st g 5s 1940. ..A & O Cons 1st g 5s July 1 '4.3--J&J P B & L E con g 5s 1947.-J&J Pitts Char & Youghiogheny— Gen mtge gtd 4s 1932.. A&O Pitts C C & St L —-See Penn R R Pitts & L E— See N Y C & Hud R iv Pitts M c K & Yough— See N Y C Pitts Shaw & N —-1st g 5s '49 F& A / Gold 4s Feb 1 1952. -F & A / 6% receivers’ ctfs 1927.. M & A / Pittsburgh & Shawmut— 1st s f g 5s 1959 op t. ___J&D f Pitts Sheri & L E— See P Bess & L E Pittsb Term R R & Coal— 1st g guar s f 5s 1942 . ..J & J W Side Belt 1st g 5s '3 7 .M & S Pitts Va & Chas— See Penn R R Pitts & Western— See B & O Pittsb Youngs & Ash— See Pa R R Portland & Ogdensburg 1st M 4 34s 1928 guar____M & N Po rt & R Falls— 1st g 4s '2 6-M & N Debenture 4s Aug 1927. F & A Port! (M e ) Term gu 4s '6 1 .-J&J Guar 5s 1961___ . ____ J&J Po rt Reading— 1st gu 5s '41 ..J & J Ports Gt F & Con— See Bos & M e Potomac Val— istg u 5s g '41-J&J Princet& N orthw —-SeeChic& N W P rov Sec Co— See N Y N H & H Providence Term — See N Y N H & H P rov & Wore— 1st 4s 1947.-A & O Ral & Aug— See Seaboard Air L Ral & Cape Fear-See N o r f Sou Ral & Charles— See Seab A L Raleigh & Gas— See Seab A L Ral & Southp— See N orfolk South Raleigh & S W — See Ches & Ohio Raritan R iver— 1st g 5s '39 J&J Reading Company— Gen gold 4s Jan 1 1997___J&.T Eq 4 34s July '25-Jan '2 7 .-J&J b E q 5s (J&J) ’25-'32 ser J ..J & J b Jer Cent g 4s '51 op '0 6 --A&O Gen & r e f 4 34s 1997 ser A . J&J Atlantic C ity gu 4s 1951--J&J 1st M gold 534s 1929.-M & N W & N A tr ctfs 4s red 105- Q-M Phila & R — 2d 5s g 1933-.A & O Im p M ext g 4s 1947___A&O Cons ext gold 4s 1937.-M&S Term 5s g gu M a y 1 '41 Q -F D el R Ter p m g 5s '4 2.M & N E x p moh g 5s 1942..J&J s Sale price, t Tax-exem pt, Bid. Ask. 93% 8434 84 3 4 9534 89 100 9634 90 102 86 90% 89 9534 8534 8> 8334 8234 82 9234 10634 96 87 9634 9634 9434 95 34 94 34 92 9134 9134 9134 9134 9934 99 10134 87 3 4 10034 88 10034 102 9134 8434 84 ____ 10634 9734 9734 __ 100 9934 101 9634 9634 8934 100 10134 99 9934 8334 560 9634 98 95 10234 9934 9934 8434 5-25% 9734 88 90 9934 74 78 9834 94 3 4 9934 9434 4134 86 4134 8734 10034 10034 ____ 10134 ____ ■ ____ 55 8 5 75 50 70 4 90 ____ 92 96 95 77 97 95 98 97 79 9634 100 82 92 9534 4.75 4.40% 4.85 4.65% 89 8934 94 9434 83 3 4 10134 79 80 10 1 9034 91 103 100 100 92 93 104 34 RAILBOAD BONDS AND STOCKS [ V ol. 120. N O TIC E !.— A ll b o n d prices are “ a n d In te r e s t” ex cep t w h ere m ark ed “ f ” a n d incom e a n d d e fa u lte d bonds. Bid. B onds. Reading Company (Concluded) — Wilm & N o 1st 5s 1927-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 Richm & Danv— See Southern R y Rich Fredericksb & Potom ac— C ods mtge 436s 1940_____ A&O Equip 6s Jan 15 ’28-’35-J&J15 Rich & Mecklenburg— See So R y Rich & Petersb— See A tl Coast L Richmond Term — 1st 5s 1952.J&J Richmond-Washington Co— Coll tr g gu 4s 1943 o p t.-J & D Rio Gr June— See Deny & Rio Gr Rio Grande Sou— See Deny & R G Rio Grande West— See D & R G Rock IsldFrisco Term — 5s ’27 J&J Rock Isl A rk & La— See C R I S P Rock Isl & Peoria— See C R I & P Rutland— Con 4 36s 1941____ J&J Benn & R utl 436s g ’2 7 --M & N Ogd & L Ch 1st g gu 4s ’48-J&J R u tl Can 1st g gu 4s 1949-J&J E q tr 436s 1926-27 (y r)_M & N St Clair M a d & St Louis Belt— A lton 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 1 1 Cent 1 St Louis Br— See Term R R Assn St L & Cairo— See M obile & Ohio St L Iron M t & Sou— See M o Pac St L M er Br Co— See Term R R St L Peo & N W — See Ch & N W St L Rocky M t & P 5s 1955— See St L South— See Illinois Central St Louis-San Fran (reorganized) Prior lien 4s 1950 series A ..J & J Prior lien 5s 1950 series B ..J & J Prior lien 6s 1928 series C --J& J Prior lien 5H s ’42 series D .J & J Cum adj 6s July 1955 ----- A&O Income m tge 6s July I9 6 0 .-Oct Eq tr 6s Jan 15 ’26-’3 l__J&J15 Gen m tge gold 6s 1931____ J&J Gen m tge gold 5s 1931____ J&J Con m tge 4s July 1996----- J&J Sou West D iv g 5s 1947. -A & O St Louis Southwestern— 1st g 4s 1989.. _______ M & N 2d g inc 4s N o v 1989____ J&J 1st consol g 4s 1932-------- J&D 1st term & unif 5s 1952--- J&J Eq tr 536s 1925-1939 (s-a) M&S Ce’nt A rk & Ea 1st 5s’40 op.J&J Grays P t Term g 5s 1947.J&D Shrev Bdg & Ter 5s ’55 gu F & A StephenvN&STex 5s’40 op .J&J St Paul Bridge & Terminal R y — 1st M 6s 1929_____________ J&J St Paul & Duluth— See N or Pac St Paul East Gr Trk— See C & N W St P & K C Sh L — See C R I & P St Paul M inn & M anitoba— 99 100 92 Ask. ____ ____ ____ 85 6 5.40 5.20% 100 36 101 9 0 36 ____ 99% 10C 36 v 84 36 ____ 72 72 b 5.50 86 % ____ 73 74 5% 72 75 40 77 36 74 ____ 60 7836 N W M isc C os,p. 44 76% 7636 90 36 99% 10236 103 98 36 9836 89 89% / 84 84 % b 5.45 5.15% 10436 195% ____ 100 3 6 ____ 90 36 _ _ 99 96 96 73 89 85 96 b 5.25 89 88 36 85 8896 82 74% 89 % 86% 5% 101 192% 81 f ____ ____ 89 % & N R I & Pac BONDS Bid. So Caro & Ga— See Southern R y South Bound— See Seaboard A ir L So Indiana— See Ch T H & S E Southern 1 1 & M o Bridge Co— 1 1st M g 4s 1951__________ M & N Southern P acific Co— C oll tr 4s (C P ) Aug 1 ’49 J&D C onv g 4s June 1 ’29 op T 4 M & S Conv g 5s 1934 . . - . -J& D Equip 7s 1925-1935 (yr) J&D Equip 5s 1926-1939 (y r)_ -M & N Equip tr 5s 1928-38 (yr) J&D Pacific Fruit Express equip 7s June 1 1925-1935 (y r)__J & D Aus & N or 1st 5s g 1941 .J&J Central Pacific— 1st ref 4s g guar 1949 -F & A 1st g guar 4s Oct 1 1954.A & O M 3 36s g gu Aug 1 1929-J&D m European loan 4s ’46-M&S Galveston Harrisb & San A n— M ex'& P D iv 1st 5s ’31-M & N 2d M 5s 1921 gu_____,)&J Houston East & West Texas— 1st 5s g M a y 1 1933 ..M & N 1st gu "g 5s M ar 1933 M & N Houston & Texas Central— 1st lien g 5s 1937- - - J&J W aco & N W D iv 6 s g ’3 M & N N o r Cal R y g 5s 1929. - -J& D N o R y o f C a’ 5s g gu 1938. A& O Oregon & Cal 1st 5s 1927--J&J S A & Ar Pass g gu 4s’43- J&J San Fran Term 1st 4s 1950 A&O So Pacific Br 6s 1937____ A&O Southern Pacific R R Cal— 1st con g 5s gu 1937- -M & N 1st ref g 4s 1955 op 1910 J&J So Pac Coast 1st g 4s 1937-J&J Texas & N O con 5s 1943. J&J Dallas D iv 1st g 4s ’30 F & A Southern Railw ay—■ 1st consol gold 5s 1994 ___J&J Develop & gen M g 4s ’ 56. A&O Develop & gen 6s 1956___A&O Develop & gen 6 36s 1956 A&O E q tr 6s Jan 15 ’26-’35- - J&J15 E q tr 5s 1925-39 (s-a). . -M&S E q 4% s N o v 15 ’25-’26 M & N15 E q tr 436s Oct ’25-’39 (s-a) A& O E Tenn reorg lien 5s 1938.M&S 1st M em D iv g 5s 1996 -J&J St Louis D iv 1st g 4s 1951-J&J Aiken Br 1st g 4s 1998 - J&J Atlanta & Charlotte A ir Line— 1st M 496s 1944 ser A ..J & J 1st M 5s 1944 ser B _.J& J A tl & Danville 1st 4s 1948. J&J 2d g 4s 1948 - ............ ..J & J A tl & ’Yad 1st gu g 4s 1949. A&O E T Va & Ga— D iv g 5s ’30 J&J Consol 1st g 5s 1956- -M & N Ga M id 1st g 3s 1946. A&O K n oxv & O 1st g 6s 1925.-J&J L & N So joint g 4s— See L & N M o b & Birm pr lien 5s ’45 J&J Small________________________ Gen M g 4s 1 9 4 5 -_____ J&J 73 b 5.10 4.85% 983-6 100 8836 86 % 96 m 73% 89J6 86 3 6 9636 7434 100 99% 10036 100 100 % 190% 100 102 ____ 103 >6 10036 83 86 % ____ 103 % 91% 93% 98 92 b b b b 95% 102 % 78 68 76% 993-6 100 >8 65?-6 100 98 H 90 % 79 70% 84 10034 __ / This price includes accrued interest, k Last sale. I In London. __ 102 ____ 105 101 8 ! 34 8736 ____ 9136 99 9336 103 103 36 78 % 7836 195% 10536 1093-6 110 5.40 5.10% 5% 4.80% 4.95 4.75% 4.80 4% ____ 100 % ____ 100 ____ 85% 70 _ b Basis. 7736 86 8634 97 9736 10036 102 b 4.90 4.70% b 4.90 4.70% b 4.90 4.70% 95 96% 109 1st consol g 6s 1933. — J&J 108 M obile & O coll tr 4s ’38-M & S 98 36 100 1st cons red to 436s g 1933-J&J Rich & Dan deb 5s stpd ’27 A&O Montana ext 1st 4s 1937.J& D 92 36 94 Richmond & Mechlenburg— 75 Pacific E xt 1st 4s £ 1940--J&J 88 1st g 4s N o v 1 1948. . -M & N 86 3 6 102 Eastern R y of Minnesota— So Caro & Ga 1st 536 s ’29 M & N N or D iv 1st g 4s 1948--A& O 90 36 ■ 91% Va M id series E 5s 1926 M&S 10034 97 % M ont Cent 1st gd 6s 1937-J&J 110 % 112 % Series F 5s 1931___ ..M & S 101 96 101 10034 1st guar gold 5s 1937----- J&J General 5s 1936____ M&N W il & S F 1st 5s g 1938---J& D 102 96 104 10034 Va & Southwest 5s 2003.-J&J 8634 St Paul & N or Pac— See N or Pac 1st con g 5s 1958____ A&O St Paul Union Depot— S & N Ala— See Louisv & N ashv 1st & ref 5s 1972- -------- J&J 10136 101 % South Pac Coast— See South Pac Salt Lake C ity Un Dep & R R — Spartan U & Col— See Ash & Spar ____ 89 1st M 5s 1938____________ M & N 92 Spokane Falls & N o r 6s ’39 -J&J San A n t & Aran Pass— See So Pac 8336 Spok Internat 1st g 5s 1955 J&J 95 San BY & S Jo Val— See A T & SFe State L & Sulliv 4 % s 1929.J&J San Fran Term — See Sou Pacific Staten Island R y — See Balt & Ohio Santa Fe Pres & Ph— See AT& S F e Stephen v N & S Tex— See St L S W Sault Ste M arie Bridge— Suff & Carolina— See N o r f & So ____ ____ Sunbury Hazleton & W -B — 1st M s f 5s July 1 1937.-J&J ____ Sav Fla & W — See A tl Coast Line 1st 5s M a y 1 1928_______ M & N — 70 Sav & States— 1st g gu 5s ’ 53-J&J 75 2d mtge inc 6s 1938 coup.M & N Schenectady & Duanesburg— Sunbury & Lew — See Penn R R ____ Sup Sh Line— See C St P M & Om 100 1st guar 6s 1924__________ M & S Schuylkill R iver E S— See B & O Tam pa & Jacksonville— 7 Scioto Vail & N E— See N o r f & W 1st M 5s 1949 c tf dep _ A&O 82 78% Tam pa N orth 1st 5s ’36 op J&J Seab A ir Line— 1st g 4s 1950-A& O 76 3 6 78 Term R R Assn (St Louis)—• Stamped _ - - ---7736 96 36 A dj m tge 5s Oct 1 1949--F & A 1st gold 436s 1 9 3 9 ._____ A& O 7936 7936 101 68% 69% 1st consol gold 5s 1944 --F & A R e f gold 4s 1959 op t_____ A & O 83% 92Vs Gen re f s f g 4s ’53 op ’ l p . J&J 1st & cons 6s 1945 ser A .M & S 93 ____ Equip trust 6s 1925-27. - J&D b 5.50 5.10% St L Br 1st g 7s 1929. -.A & O 99 34 St L M er Brdge T — 5s ’30 A&O Equip tr 6s (s-a) 1925-37.F&A b 5.55 5.25% Atlanta-Birmingham D iv — 10136 M er Brdge 6s ’29 op ’09 F & A — 87 1st g 4s M a y 1 1933____ M & S 8796 Terre Haute & Ind 5s 1925--J&J 98 Terre Haute & Peo 5s 1942 M & S Caro Cent 1st g gu 4s ’4 9 --J&J 78 36 80 Florida Central & Peninsula— Texas C ity Term 6s 1941 J&J26 ____ Texas & N ew Orleans— See So Pac 1st 1 g ext 5s gold 1930. J&J 100 1st Cons 5s gold 1943. .J&J 99% Texas & Okla— See M K & T 99% 102 94 Sou Bound 1st g 5s ’41 A&O 95 Texas & Pac 1st 5s 2000 - J&D Georgia & A la 5s Oct ’4 5 .-J&J 94% 2d inc g 5s Dec 2 0 0 0 - ___M ar f 9u 93 36 9836 Ga & A la Term 1st g 5s’48.J&D 94 Louisv D iv 1st 5s 1931___J&J 99% Eq tr 5s 1925-’39_______ M & N b 5.20 Ga Caro & N — 1st 5s g ’29-J&J 100 93 Denison & Pac Sub 1930-M&S Ral & Augusta— 1st 6s ’26.J&J 199% 101 50 Weatherford M in W & N orth— Ral & Charleston 4s 1956.F&A 50 9636 1st guar f 5s 1930-------- F & A Consol 4s 1956 - -F&A T ex Pac-M o Pac Term R R — Ral & Gaston— 1st 5s g ’47.J&J 97 99 1st M g 596s 1964.-M&S Seab & Roanoke— lst5s’26.J&J 100 10096 T o l Can Sou & D et — See M ich Cen Seacoast R R o f N J 5s ’48 -A&O 95 10034 90 99% West D iv 1st 5s g 1935___A&O Sebast & Mooseh 1st 5s ’28 M & S General gold 5s 1935_____ J&D 9836 Shamokin Sunbury & Lewisb’g— 83 St M a ry ’s D iv 4s g 1951.-F & A 2d 6s gold July 1 1925 ..J & J Eq tr 4% s 1926-27 (y r )..J & J b 5.10 Sher Shrev & So— See M o K & T Kana & M ich 1st 4s 1990- - A&O 8136 Shrev Bdg & T er — See St L So W 2d m tge gold 5s 1927___J&J Sierra R y o f California — E q tr 6s 1926-35 ( y r ) . J&J15 b 5.40 1st s f 6s g A pr 12 ’37.A & 012 84 89 Kanawha & W Va 5s 1955 J&J Sioux C ity & Pac — See Ch & N W 65 70 Somerset R y 1st & ref 4s ’55-J&J 70 1st M 4s July 2 1950_____ J&J 75 Ask. 9636 103 7834 6836 7734 ____ 102 67 10036 B on d s a n d Stocks. Bid. Toledo Peoria & Western— 1st gold 4s July 1 1917____ J&J / Toledo St Louis & Western— Prior lien g 336s July 1 ’25 J&J 1st gold 4s Apr 1 1950- -A& O T o l Term 1st 4 36s ’57 gu_ - M & N T o l W alh Val & O— See Penn R R Toronto Hamilton & Buffalo— 1st gold 4s June 1 1946-- J&D Ulster & D el cons 5s 1928--J& D 1st re f gold 4s 1952______ A& O Union Pacific— 1st r y & land gr 4s g 1947--J&J C onv 4s 1927-.- ________ J&J 1st & ref 4s June 2008 ___M & S 1st & re f 5s June 2 2008--M & S 10-year 6s July 1928____ J&J Eq tr 436s 1928-38 (y r )..M & N 6 E q 436s M a r 15 ’29-’39-M&S15 b Equip tr 5s 1927-37 (y r )..M & S b Equip tr 7s 1925-35 (y r )--J & D b Ore R R & N a v —-See Ore-Wash Ore Short Line 1st 5s 1946-J&J 1st cons guar 5s 1946 - J&J Ref g gu 4s ’29 opt ’07 -J&D Utah & Northern— 1st 7 s ’08 ext at 4 % to ’33 J&J Consol gold 5s 1926-- -J&J Union Terminal Co (D allas)—■ 1st g 5s 1942 opt 1922____ A&O United N J R R & Canal Co— General gold 4s 1929 ___M & S General gold 4s 1944___ -M&S Gen 1st g 336s M a r 1 ’51-M&S Upper Coos—-See M aine Central Utah & Northern— See Union Pac Utica Clin & Bing— See D el & H Vandalia R R —• Cong 4s 1955 series A . F & A Series B 1 9 5 7 - _______ M & N Vera Cruz & Pacific R R — 1st gold 436s 1934 o p t_____ J&J f July 1914 coupon o n ________ f 1st gold 4 36s 1934 assenting .- f Verdig Val Ind & West— See M o P Vermont Vail lst436s 1940- A&O Vicksburg Shreveport & Pacific— Pr lien 6s ’ 15 ext 5% ’4 0 --M & N Gen 5s M a y 1 1 9 4 1 ____ M & N R e f & im pt 6s 1973 ser A - M & N Virginia M idland— See South R y Va & Southwest— -See South R y Virginian R ailw ay—• 1st M gold 5s 1962 o p t— M & N E q 6s A Oct’25-Apr’30 (s-a) A&O b Wabash— 1st gold 5s 1939--M&N 2d gold 5s 1939___________ F& A Deb m tge 6s series B 1939-J&J f 1st lien term gold 4s 1954- J&J R e f & gen 5 36s 1975 A . - M&S 6% notes 1930 „.„M&S Eq’ tr 6s 1926-35 (yea r)-.J & J 15 b D et & Chic ext 1st g 5s ’41-J&J Des M D iv 1st g 4s 1939. J&J Toledo & Chic 4s g 1941 -M&S Omaha D iv 1st 3 36s g ’41 - A&O W aco & N W — See Hous & Tex C Warren R R — See D L & W ____ ____ 7936 7634 8436 Washington Cent— See N or Pac ____ Wash Co R y — See Maine Central Wash Term Co— 336s 1945-- F & A 79 1st gold 4s 1945 guar. . F & A 103 W eath’d M in W & N — See T ex& P 10036 West Jersey & Sea Shore— ____ C o d s o I gold 4s 1936-------- J&J Cons 336s g series B 1936--J&J 10136 101 West M aryland 4s 1952____ A & O 89 5% gold notes 1915 o p t___J&J B alt & Harris g 5s 1936--M & N 1st M W est E xt g 5s ’38 M & N West N Y & Penna 5s 1937--J&J ____ Gen m tge gold 4s 1943___A&O Income g 5s A pr 1943— N o v 1 / 8336 97 Western Pacific R R Corp— 1st M 5s 1946 series A -.M & S 1st M 6s 1946 series B ____ M&S 4% notes 1930___________ A& O E q tr 536s 1925-38 (yr)__J& D b ____ Western P a — 1st g 4s 1928--J&D — West R y o f A la — 4 36s 1918 3xt at 6% to Oct 1 1928.............. A& O West Shore— See N Y C & H R R R West Side Belt— See Pitts Term 15 West Va & Pittsb—-See B & O 85 Wheeling & Lake Erie R R — 1st consol gold 4s 1949___M & S ____ R e f M 4 36s series A 1966-M&S ____ Eq tr 4s 1926-27 (y e a r)___A&O 84 L Erie D iv 1st g 5s 1926 -A& O 107 34 Wheeling D iv 1st g 5s ’28-J&J Exten & impt g 5s 1930--F & A 10034 ____ 6% notes JaTn 1933_______ ____ Wheeling Term 4s 1940-- - F & A 100 Wichita Falls & Northwestern— 83 1st 5s Jan 1939 - ___J&J f 1st & ref g 5s 1940 o p t____ J&J / Wichita Union Terminal R y — 1st g gu 436s 1941 opt - - M & N 10234 100 Wilkes-B & East— See N Y S & W 9936 William sport & N Branch R R — 5% 1st ref gold 436s 1931____ J&J / 95 Wilmar & S Falls— See St P M & M W il & N o r— See Phila & Reading W il & W eldon— See A tl Coast L Winston-Salem Southbound— 1st gold guar 4s 1960 ____ J&J 9934 Winston-Salem Term inal C o — 1st M gold 5s 1966____ ..A & O 100 W is Cent R y — 1st M g 4 s ’49 J&J 1st & ref 4s 1959_________ A&O 9934 8536 536 % g notes A pr 15 ’27A&015 4.75% M arshfield & South East D iv pur mon 1st g 4s 1951--M&N 82 34 100 Sup & Dul D iv 4s 1936___M & N 5.15% Minneap Term 336s’50 opt. J&J 91 W orN ach& Roch — 4s Jan ’30-J&J 4s Oct 1 19 34 -...................A&O Yosem ite Vail s f g 5s 1936--J&J Ask. 2736 31% 9936 8536 89 99% 8536 8936 8536 89 5136 91 5136 9336 99 8836 106% 103% 4.75 4.80 4.75 5% 93 76 9936 89 10636 104 4.50% 4.50% 4.50% 4.80% 10536 10696 9796 105 106 97 9336 10036 9836 99% 9636 9236 81 9336 8836 8836 2036 2036 70 100 96 105 9936 5.15 10036 93 80 95 9936 4.90% 10136 96 3 6 k 9336 83 9s 9536 5.50 10036 84 8536 7536 5.25% 10036 85 90 81 % 8936 8236 92 89 63% 86 3 6 7536 94 6436 100 % 80 35 3 6 8036 46 9336 10236 91 % 5.40 9736 9436 103 % 9236 5.15% 9836 7336 6 s 36 5.25 10036 9936 97% 98% 88 74 6936 5% 10136 9936 115 90 100 90 ___ 91 94 70 __ 8236 8336 7836 75 101 79 76 10136 __ m Dollars per 500 francs or £20. n Nom inal, 70 8436 60 75 70 66% s Sale price. __ _ _ __ __ 85 6736 May, 1925.] RAILROAD STOCKS—LAND BANK BONDS AND STOCKS NOTICE.—All bond prices are "and interest” except where marked * f ” and income and defaulted bonds. Stocks. Par. Bid. R A IL R O A D S T O C K S . Par A la Great Southern com _____ 5ft d 67 50 d 68% Alabama & Vicksburg---------- 100 201 Albany & Susauehanna (guar) 100 202 Allegheny & W est (gu a r). _ 100 103 100 22 48% P re ferred ___ ________ 100 Atch T op & Santa Pe . _____ 100 119 (4 94% Preferred ___ _________ 100 100 4% A llan & Char A ir L (gu ar)____ 100 1 7 3 * Atlanta & W est P o i n t ______ 100 150 .50 d 159 156% Atlantic Coast L R R com . . loo Atlantic 1st leased lines rent t r — Id 80 96 Augusta & Savannah (guar) 100 74% Balt & Ohio— Common______ 100 100 63 Preferred . _________ .50 d 40 90 P re fe rre d _____ . _______ 100 Beech Creek (guar N Y C ) . 50 d 38 Boston & A lb (guar N Y C ) .. 100 156 % 12 Boston & M aine ____________ 100 11% P re fe rre d _________- ______ 100 18% 1st preferred A ___________ 100 29 1st preferred B ____ ________ 100 26 100 100 38% 25 100 Bost & P ro v (guar Old C ol) . 100 16734 73 Boston R e v Beach & Lynn . 100 4 Brunswick Ter & R y Sec C o . 100 82 Buffalo Roch & Pittsburgh. 100 96 100 85 B u ff & Susq R R C orp............ 100 ion 5034 Camden & Burl Co (gu ar)___ 25 d 27 57 Canada Southern___________ .100 Canadian Pacific____________ 100 142% Preferred . ---- . 100 Id 77 75 Caro Clinchfield & Ohio com . .100 Catawissa R R — ls tp r e f (guar) 50 / 43% 50 / 4334 2d pref (guar P & R ) ______ Cayuga & Susq (gu D L & W ) H d 46 O Central o f N ew Jersey______ 100 280 Chesapeake & O h i o _________ 100 9234 6% % cum pref Ser A _____ 100 10634 Chicago & A lton R R . . ____ .100 434 2 8 100 Certificates o f d ep osit.. 100 185 Chicago Burl & Quincy . . 31 M Chic & East Illinois common 100 4434 Preferred _________ ____ 100 9‘ A Chicago Great West com ____ 100 100 2134 64 Chic Ind & Louisv com m on .. .100 60 Preferred . ______________ 100 100 8 Preferred ________ . . . . 100 49 Chicago & N orth W e stern .. 100 P re fe r r e d _______ . . . 100 10134 43 Chic R I & Pacific com m on .. .100 9434 7% p r e fe r r e d _____ _____ 100 85 6% preferred_____________ 100 33 Chicago St Paul M inn & O . . .100 100 71 8 Cine Indianap & W estern___ .100 18 P re fe rre d ___ . . . . . 100 ____ Cine N ew Orl & Texas Pacific .100 100 10234 Cine Sandusky & Cleve p ref. . 50 d 57 148 C leve Cine Chicago & St L . . .100 P re fe rre d ____ __ _________ 100 103 C leve & Pitts (guar Pa R R ) . . 50 d 69 % B etterm ’t stk (guar Pa R R ) 50 d 3934 62 Colorado & S ou th ern ______ 100 6034 1st preferred_____________ 100 58 2d preferred_______________ 100 Columbus & Xenia (gu ar)___ . 50 d 88 ____ Conn & Passumpsic pref (gu) .100 2 Cripple Creek C entral______ .100 15 100 D ayton &TVIich com (gu a r). . . 50 d 35 Preferred (guar C H & D )_ 50 d 84 158 Delaware & Bound Br (guar) .100 Delaware & Hudson. ______ 100 144 Delaware Lack & W e stern .. . 50 d 130 Delaware . . . ___________ 25 d 39 37 D env & Rio Gr W pref tem p. .100 76 D etroit H ills & S W (g u a r ).. .10(1 40 D etroit & M ackinac_________ 100 Preferred __________ ______ 10(1 60„ 234 Duluth South Shore & A t l ___ .100 434 Preferred ______ 100 50 d 58 Elm ira & W ’msport (gu a r). . . 50 d 40 Preferred (guar N or Cent) 50 d 52 2834 Erie— Com m on_____________ 100 36 34 -100 100 35 Erie & Kalamazoo (gu ar)____ 50 d 77 Erie & Pitts (guar Pa R R ) ___ . 50 d 60 11 Ponda Johns & G iov com ___ .100 22 F t Dodge Des M & So c o m .. .100 100 70 P re fe rre d ____ __ . . . 104 .100 .100 201 Georgia Southern & Florida. .100 39 80 1st o ra iirra i ____________ 100 75 2d orafwwsd- ___________ 10(1 Great N orthern R y — P re f___ .100 6134 Ore certifi cates______ (no par) d 28% 70 Green B ay & W estern______ 1()( 27 G u lf M o b ile & N orth com ___ .100 91 Preferred _____ _________ 10( 18 H artford & Conn W estern___ -10( 101 - lo t Hudson & M anhattan______ 100 29 3 4 Preferred _ . ___________ 1()( 67 Huntingd & Broad T o p v t c . . 5 d ____ < 5( d ____ Preferred v t c ____________ Illinois C entral______________ 1()< 11134 112 Non-cumul 6% pref Ser A . _!()( Leased lines (gu a r)________ -10( 74 Stk tr ctfs— See R R Securs C o. ____ In t & Great N orth R y v t c . . lot Internat R ys (C ent A m ) com .lot 23 3 4 Preferred ________________ 10( x 6234 Iow a C e n t r a l . _______ __ . . 10( 134 126 Joliet & Chic (guar C & A ) . . -10( 104 K a l Allegan & Gr Rap (g u ). . -lo t K C F t Scott & Mem phis R y 70 P re f Cent T r c tf dep stpd 10( 96 K C St L & Chic— P re f (g u ). lot 33 Kansas C ity Southern______ 1(>( Preferred____ _____ __ - lo t 57 6834 70 205 22 3 4 5034 11934 95 5 176 155 157 85 99 75 9334 3934 20 78 5 87 97 8734 52 2934 5834 14334 79 78 44 34 4434 48 285 „ 9234 107 Pa 534 10 834 1834 187 3234 4534 10 22 68 65„ 434 8% 4934 10734 4334 95 86 37 84 12 22 _ _ __ 60 155 __ 71 ---63 Pa 61 59 91 8034 5 20 91 38 86 159 7. 14934 131 40 3834 78 __ __ 3 ,, 534 60 42 56 2834 37 37 80 62 14 30 80 10634 204 46 82 80 62 _ 2834 ____ 2734 93 20 30 68 ____ ____ 11234 117 7534 ____ 2434 6534 3 130 108 ____ 103 3334 58 Basis, d Price per share, not per cent. x Ex-dividend, v Ex-rights. b Stock s. Ask. Par. Bid. ____ 81 77 % 90 92 42 42 ____ 100 90 110 850 52 27 ____ ____ 53 234 34 55 61 2334 3434 82 34 % 7734 73 50 d 7834 M orris & Essex (guar)_____ Nashv Chatt & St Louis____ 100 141 N ashv & Decatur (gu L & N ) 25 d 37 National Rys o f M ex 1st p ref. 100 534 100 234 N ew London N o r t h e r n ____ 100 124 6 .100 N ew Orl Texas & M e x ico ___ 100 12134 N Y Bkln & M an B pref (gu) 100 120 N ew Y ork Central R R ____ .100 11534 Dividend payable in London . Id 118 N Y Chic & St L o u i s _______ 100 124 90 6% preferred. ___ _ _ 100 N Y & Harlem com & p f (gu) 50 d 165 N Y Lack & W est (gu ar)___ .100 101 N Y N ew Haven & H a rtf___ .100 s 3034 s 21 N Y Ontario & Western____ 100 N orfolk Southern___________ 100 3034 N orfolk & Western R y _____ 100 130 3 4 75 100 .100 136 Northern Cent (guar Pa R R ) 50 d 7834 N orth ’n N H (guar B & M ) . 100 75 Northern Pacific R y ______ 100 5934 North R R o f N J (guar Erie) .100 63 d 112 Northern Securities Co stubs 80 50 Ogden M ine R R (g u Cen N J) .100 d 80 Old Colony (gu N Y N H & H ) . .10(1 10334 101! ldl20 Oswego & Syrac (gu D L & W ) 50 d 88 Pac Coast C o— See M isc Stocks Pennsylvania R R . _____ __ 50 d 4334 Peoria & Bureau Val (gu ar). 10(1 114 Peoria & Eastern _________ 10(1 13 3 4 Pere Marquette R y _________ 10(1 64 Preferred. . _________ ___ 10(1 7734 10(1 67 34 Phila Germ & Norris (gu ar). 50 d 123 Phila & Trenton (gu Pa R R ) 10(1 205 54 Piedmont & Northern . _ . 10(1 . 50 d 29 Preferred______________ __ 50 d 58 Pitts Cine Chic & St L o u is.. 10(1 85 Pitts F t W & Chic com (gu) 10(1 130 Preferred (guar Penn R R ) . .10(1 140 Pittsburgh & Lake E rie_____ 50 d 157 Pittsb M c K & Yough (gu a r). . 5 d 51 (1 Pittsb & West Va com m on .. .10(1 6534 Pitts Youngst & Asht p r e f.. .10(1 140 Prov & Worcester (gu ar)____ .10(1 Railroad Securities Co— 4% 1 1 Cent stk c tf 1952___ 100(1 1 72J4 5 d 7734 (1 d 1734 1st preferred______________ 5ft d 39 2d p r e fe r r e d - ____ ______ 5 d 4134 (1 120 Rensselaer & Saratoga (guar) .101 217 Rich Fred & Potom — Com . 1 1 0 Dividend obligations_____ 1 0(1 215 6% guaranteed___________ 1 1 0 217 7% guaranteed_____ ______ lor 217 Roch & Genesee Val R R . . 1 (1 0 95 Rome & Clinton (gu D & H ) . .10(1 94 Rutland preferred______ ____ 10(1 42 St Joseph & Grand Island. . .10(1 ____ 1st p r e fe r r e d ____________ 10(1 100 St Louis Bridge 1st pref . . 100 110 54 2d preferred____ __ _______ Kill St Louis-San Francisco R y . . 1 0(1 7334 11 0 81 100 4534 100 71 Preferred____ Saratoga & Schenectady (gu) .10(1 94 Seaboard A ir Line common __ .10(1 26 10(1 Preferred ________ __ 4334 Sharon. . . . . . . . ______ 5 d 41 (1 1(X 103 3 4 Southern R y comm on_______ .100 9234 100 Preferred- . __________ 8734 M ob & Ohio stk tr ctfs dep .10(1 74 Southwestern o f Ga (g u a r ).. _10( 99 Texas & Pacific. _____ ____ 1(l( 5134 T ro y & G r’bush (gu N Y C ) . . 5( d 56 Tunnel R R o f St Louis _ . . 1 1 0 110 Union Pacific— Com m on____ 1 1 0 136 Preferred . . . . 11 0 7334 United N J R R & Canal (gu) _]<)< 20034 U tica Chen & Susq Val (gu) 10( 117 Utica Clinton & Binghamton .100 39 Valley R R (N Y ) (guar)____ 1()( 98 Vermont & Mass ( g u a r ) ___ 1 1 0 92 Vicksb Shrevep & Pac c o m .. -10< 86 Preferred _______________ I0( 87 Virginian R ailw ay__________ I0( 100 Wabash R ailw ay____________ I0< 2134 Preferred A ______ ________ M X 62 34 Preferred B ____ __________ M X 40 Warren N J (guar D L & W ) — 5< d 6834 Western Maryland R y com . -1(>< 1134 1st preferred_____________ M 60 X 2d p referred .. . . _______ 1 1 0 1734 Western Pacific R R C orp___ -1 (X 4034 Preferred ._ ______________ M X 88 West Jersey & Sea Sh— Com -.5< d 36 Wheeling & Lake Erie R y ___ -10( 1234 Preferred . . _____________ M X 23 ____ Wisconsin Central _________ MX ____ Certificates o f deposit____ _10t / F lat price. A Last sale. I In London, S tocks Ask. Keokuk & Des M oines________ 100 ____ Preferred---------------- 100 80 * Lackawanna R R o f N J ------- 100 Lehigh V a lley________________ 50 d 7734 50 d 80 Preferred______________ — L ittle M iam i original guar_ _ 50 d 90 50 L it Schuyl N a v R R & Coal (gu) 50 d 40 Long Island R R ____ . — 50 d ____ 95 Louis & M o R iv pref (guar). 100 80 100 72 _______ 100 Preferred________ Louisville & N ashville_______ 100 10934 50 d 825 P re f (guar L S & M S ) _____ 50 d 50 25 M aine C entral________________ 100 77 Preferred__________________ 100 Michigan Central. __________ 100 500 M inehill & Schuyl H a v (g u ).. 50 d 51 234 100 Minneapolis S t P & S S M _ 100 _ 3234 45 Preferred. .. _______ 100 58 4% leased line ctfs ---------- 100 2134 Mississippi C en tra l.. . ____ 100 M o-K a n -Tex R R c o m ..(n o par) d 34 Preferred. . _______________ 100 8134 34 Missouri Pacific com _______ 100 77 100 100 71 n 80 150 39 6 234 128 10 12134 125 116 3 4 120 126 91 170 J O IN T STOCK Par. LAND 3134 2234 30 34 130 < 4 7734 140 7834 77 60 66 115 8134 Kansas C ity— 5s ’52 op '32.M & N 84 105 5s 1953 opt 1923________M & N 125 5s 1954 opt 1934 . . 90 5s 1964 opt 1934________M & N 5s 1964 opt 1934_________M & N 44 Kentucky— 5s ’52 opt ’32. . M & N 116 5s 1943 opt 1928...... ................. 15 5s 1954 opt 1934_______ J&J 6534 Liberty Cent— 5s ’52 op ’32 .M & N 80 5s 1953 opt 1933_____ _________ 69 5s 1943 opt 1928________M & N 12534 215 5s 1942 opt 1927________M & N 56 Louisville— 5s 1952 opt 1932____ 30 60 N Y & N J 5s 1953 opt '3 3 . .J&D 5s 1954 opt 1934_________ M & N 135 N Y & Pa— 5s '53 opt ’3 3 . . -J&J 14034 N o Caro— 5s ’53 opt ’33 . M&S 160 5s 1952 opt 1932________M & N 54 5s 1955 opt 1935_____ .F & A 6634 Ohio— 5s M a y 1953 opt 1933 _ 14234 Ohio-Penna 5s 1954 opt 1934 J&J Ore-Wash— 5s ’52 opt ’32 M & N 137 Pacific Coast Jt Stk Land Bk— 73 Portland, Ore— 5s’53op’33 J&J 78 5s 1954 opt 1934 . M&N 1734 San Fran— 5 s '53 o p t 'S3 . J&J 3934 Salt Lake C— 5s '53 op ’33 .J&J 4134 123 Pennsylvania 1955 opt 1935-F & A Potomac 5s 1954 opt 1934 J&D 220 St Louis— 5s 1953 opt ’33 .J & D 5s 1952 opt 1932________M & N 5s 1943 opt 1928_______ J&D 100 5s 1955 opt 1935____ ____ M & S 99 San Antonio 5s 1939 op ’24 .M & N 45 5s 1953 opt 1933........... M & N 5s 1953 opt 1933........... M & N 5s 1954 opt 1934............. M & N 112 56 7334 82 45 34 71-34 99 26 3 4 4334 44 10334 93 8734 78 101 52 62 112 13634 73 3 4 202 119 41 100 94 88 89 105 2134 6234 42 70 1234 66 19 4134 89 38 1234 24 — Sioux C ity — 514s ’5 op '31 M & N *1 South M in n— 5s ’53 op '33-M & N 5s 1952 opt 1932 ______ M&N ___ 5s 1954 opt 1934._ ._ . 5s 1964 opt 1934. . _________ Union (Kentucky & Tennessee)— 5s 1952 opt 1 9 3 2 ... . M & N Virginia-Car’o 5s '54 opt '3 4.F & A Virginian— 5s '53 opt ’3 3 ..M & N 5s N o v 1 1951 opt 19 3 1 ..M & N W ichita— 5s 1953 opt 1933 5s 1952 opt 1932_______________ Ask. Bid. BA N K Agricultural— 5s ’53 op '3 3.M & N A tlanta— 5s 1952 op 1932.-J&D A tlantic— 5s 1953 op 1933..M&S 5s 1952 opt 1932 ________ 5s 1954 op 1934___________ J&J Bankers— 5s ’53 op ’28____ J&J 5s M a y 1952 op 1932____ M & N California— 5s 1951 op 1931. Central 1 1 5s ’53 op ’33___J& D 1— 5s July 1 1953 op 1933...J & J Central Iow a— 5s A pr 1953 ____ 5s M a y 1 1942 op 1927.-M & N 4 34s N o v 1 ’52 op ’32____ M & N Chicago Joint— 5 34s '51 op '3 1 .. 5s 1951 o f 1931................M & N 5s 1952 op 1932.............. .M & N 5s 1963 op 1933__________ .. 434s 1952 op 1932_______ M & N 434s 1963 op 1933______ M & N 434s 1952 op 1932___________ 434s 1964 opt 1934______ M & N C olo-W yo 5s 53 op ’33____ A&O Columbus 5s 1955 opt 1934..J&J Dallas— 5s 1953 op 1933...M & S 5s 1954 opt 1934........... ........... 5s 1965 opt 1935 ______________ 534s 1951 op 1931______________ Dayton-Agricultural— 5s 1954 op 1934___________ J&J D ayton— 1952 opt 1932____ J&D D enver— 5s 1954' opt 1934______ 5s 1955 opt 1935 ________ __ . Des Moines— 5s 1952 opt 1932___ 5s 1963 opt 1933_______________ First Carolinas— 5s'52op’32 .M & N 5s 1954 opt 1934............ A&O F&A 5s 1955 opt 1935____ First o f Chey— 5s’52 op’32 M & N First o f C lev— 5s ’53 op* '33.M & N First o f M inn— 5s ’51 op '31 M & N 5s 1952 opt 1927_______ M&N 5s 1952 opt 1932_______ M&N 5s 1953 opt 1933_______ M&N First o f M ontgom ery 5s ’54 op '34 First N ew Orl 5s ’44 op '34 M & N First Texas— 5s '42 opt '3 2 .M & N 5s 1943 opt 1933____ M&N Fletcher 434s 1954 opt 1934_____ Fremont— 5s 1953 opt ’3 3 .J&D 5s 1952 opt 1932 . . .M & N Greensboro (N O ) 5s’53 op ’33 A&O Ill-M idwesh—5s ’53 op ’33.A & O 5s 1954 opt 1 9 3 4 .„ . J& D 3& B ONDS i01% — 101 101 101 100}/ & 102 100% 101 % 10 1% 102 100 99 % 104 >4 102 % 102 % 101)4 101 >4 100 100% 100% 102 H 101)4 101)4 102 102 101)4 101 101)4 102 101)4 102 100)4 100)4 101)4 100)4 101 100% 100)4 101 101 101 100 100 99 101)4 101)4 99% 101% 102% 102 102 102% 102% 102% 101% 100% 102% 102 102 102% 100% 100% 101% 102% 103 103% 103 101% 101% 101% 100 101 100% 103% 102% 103 102% 101 % 103% 101 % 102% 102% 103 101 101 l05 % 103% 103% 104 102% 10 2 101 101 % 102 103% 103% 103% 103% 104% 103 102% 1 0 3 %: 103% 103 103%. 102 102 102% 102% 101% 101% 102% 102% 103 101% 102 101 103 103 101% 103% '103% 104 102% 103 103% 103% 103% 102% 101% 103% 103 103% 103 101% 101% 103 103% 104 104% 104% 103% 103% 103% 101 102% 102% 102 102% 101 % 101 101% 101% 101% 102% 102% 100 103 99% 101 101 101% 101 102% 101% 101% 102 M 102 104 102% 102% 103 103% 101 101 101% 101 101 % 101% 103 102% 103% 103 102% 102% 103% 103% 103 103% 103 103 103% 103% 103% 101% 104 100 102% 102% 103 STOCKS Bankers o f Milwaukee 10% ..100 Chicago 10% _______________ .100 Dallas' 10% . _______________ 100 Des Moines 9 % _______________ 100 Kansas C ity 10% ____________ 100 Lincoln 9% ________________ 100 N ew Y ork . . _______________ 100 St Louis______________ . . . . . South Minnesota 9 % _________ 100 Virginia . _______ ________5 146 153 149 136 122 149% 133 125 124 136% d 7% 155 lt>0 154 130 156 140 128 7% u N om inal, s Sale price. I N ew stock, u Ex-stock dividend. 36 PUBLIC UTILITIES (Includes street "and electric railways, gas, electric, power, water and telegraph and telephone companies.) N O T IC E .— A ll b o n d prices are “ a n d in t e r e s t ' ex cep t w h ere m arked an d in com e an d d e fa u lt e d bon ds. B onds. Bid. Adirondack Elec Power Corn 1st M gold 5s 1962 o p t____ J&J 99 Adirondack P & L 1st 6s '50 M&S 101% D eb 5s 1930-- .. .J & J 94 C onv deb 6s 1929_______ A&O 102 Alabama Power 1st 5s 1946-M&S 98 1st M 1 & re f 6s 1951 .J & D 104 1st & r e f 5s 1951__________ J&D 95 Alabama T r L & P 1st 5s '62 M&S 88% Alabama W ater 1st 6s 1932-J&J 97 1st ref 6s 1947 _ -J&J 94% Albany R y — See United Trac. Albany Sou R R 1st 5s 1939-M&S 89 A ll eg Bellev & P — See Phila Co A lt G & St L T r — See E St L & S ub Altoona & Logan Val Elec R y — 83 Con g 4% s 1933 gu ----- F&A15 American Gas deb 6s 2016--J&J 99 C onv g 7s Jan 15 1928..J&J15 140 10-year 7s 1934___- ____ J&J 103% 90 A m Gas & El coll 5s 2007___F & A 96% D eb gold 6s 2014________ M & N A m Pow & L deb 6s 2016___M&S 95% Am er Pub Serv 6s 1942____ J&D 98 Am er Rys coll tr 5s 1931 F&A 99 Amer Telep & Teleg 4s 1929-J&J 96% C onv g 4s '36 conv a ft ’09-M&S 90% C on v 4% s '33 op a ft '25--M & S 94% C oll trust 5s 1946________J&D 100% D eb s f 5s I 9 6 0 - _____ _-J&J 95% D eb 5% s N o v 1 1 9 4 3 ---M & N 102% Am er W W & E l 5s 1934___A&O 94% Americus L tg 1st s f 6s '3 7 -A & 0 83 Ana & P o t R R R — See W K y& E l Appalachian Power 5s 1941 J& D 98 7% gold bonds Aug 1 '36 F & A 105% 92 - J&J D eb gold 6s 2024___ 99 Arizona Pow 6s '33 opt '13 M & N Arkansas L & P 1st 6s '45 A&O 104 1st lien & ref 6s 1954. - . M&S 96 Ardm ore St R y — See Phila Co Asheville (N C ) Pow & Ligh t— 1st s f g 5s 1942 o p t.- - A&O 98% Ashland (W is) L , Pow & St R y 1st M gold 5s 1939- ____ J&J 90 Ashtabula W ater Supply Co 92 1st 5s 1937-_____ .-J & D Associated Gas & Elec C o— 102 Sec g 6% s conv ser 1954--J&J Atchison R y , Ligh t & Power— 87 1st 5s N o v 1935_________M & N Athens (G a) R y & Electric— 82% 1st & ref s f g 5s '50 opt '15 J&J 99% Athens Elec R y 6s 1931 A& O A tl Cons St R R — See Ga R y & El 98% Atlanta Gas L 5s g 1947- _J&D Atlanta N o r R y — See Ga R y & El Atlantic A ve R R — See Bkn R T 99 Atlantic C ity El 5s 1938-- M&S 99 1st & ref 5%s 1954-M&N Atlantic C ity (N J) Gas—• 87% 1st g 5s Jan 1 '60 opt '2 0 --J&J Auburn & Syracuse Elec R R — 25 1st & ref g" 5s '42 opt '12. -A & O Augusta-Aiken R y & E l C orp— Sink fd g 5s Dec 1 '35 opt .J& D / 78 89 Augusta R y & El 5s '40 J&D Aurora Elgin & Chicago RR— 85 1st & ref g 5s 1946 opt J&J 82 A E & C Ry 1st g 5s '41 .A & O 15 99% Austin G L 5s Oct 1 1925 ..Q - J B alt & Ann S L — See M d El R y 100 B alt Elec 1st g 5s 1947 gu . J&D B Sp P t & Ches— See Un R y & El B alt Traction— See Un R y & El 99 Bangor (M e ) Pow 5s 1931--M & S 93 Bangor R y & E l 1st 5s '35--J& J Bar Harbor & Un R iver Pr Co— ____ 1st & ref g 5s 1935--- ..M & S B ay Counties Pow 5s 1930--M &S n 100 97% Beaumont G L 6s 1944 -- J&D 45 Beaver Val T r gen g 5s '5 3 -M & N Bell Telephone o f Canada— 98 1st g 5s 1955 ser A . . M&S Bell Telep Co o f Pennsylvania— 1st & ref 5s 1948 ser B . J&J 101 % B eloit W ater, Gas & Elec Co— 96% 1st g 5s 1937-........ ......... M&S Binghamton (N Y ) L H & P — 96% 1st ref 5s 1946- - F&A 45 B ingham t’n R y 5s '31 op '11 M & N Birmingham Elec Co— 1 101% 1st & ref 6s 1954- A&O Birm Knox & A tl— See Phila Co Birmingham R y Light & Power—87% Gen ref g 4% s '54 op '09- A&O Birmingham W ater Works C o— 100 1st M 5%s 1954 ser A ____ A& O 99 Blackstone Val G & E 5s '3 9-J&J 99% 5% gold notes 1926_____ M & N Bleecker St&FulFy— See N Y Rys Bloom Dec & Champaign— 82% 1st & ref 5s 1940. - _ _ . M & N Bloomington & Norm al R y & L — 98 1st & gen m 5s 1928--J&J 97 B1 & N R y El & H 5s '2 7 --J& D ____ Blue Lakes W at 1st 6s '38- - M&S 87% Boston E lev R y 4s 1935 --M & N 89% D eb g 4% s Oct 1 1937-- A & O 87% D eb g 4 %s N o v 1941____ M & N 92% D eb g 5s D ec 1942 ____J&D 95% West End St 5s 1932.. M & N 94% 5s M a y 1936--- ____ M & N 92% 5s March 1944_______ M&S 110 7s Sept 1947--- ____ M & S 94 4% s July 1 1930.......... -J&J 89% 4s Aug 1 1932_________F & A 101% 6% s Feb 1927.......... .. F & A ____ Bos & W ore St R y 4% s '2 3 --F & A B revard Co (M d ) Power— 93 1st s f 6s 1943____________ J&J 90 Bridgeport Gas L t 4s 1952--J&J / This .price includes accrued interest, Ask. 100 105% 96 102 % 98% 104% 95 % 89% 100 97% 91 84 100 150 92 96% 95% 99 100 97% 91 95% 101 95% 102% 95 89 99 107% 94 106 98 __ 92 96 104 84 100 99% 100 30 80 83 95 ___ 100 55 98% 102 98 97 ____ 103 88% 101 100 83 ____ ____ ____ ____ ____ ____ ____ ____ ____ ____ ____ 35 96 93 B onds. Bid. Ask. B onds. Bid. Bridgeport H ydraulic Co— Chicago C ity R y 1st 5s '27- F & A 75 1st M 5s 1944J&D 103% 104% Chic N orth Shore & M ilw R R — B w ay & 7th A ve R R — S eeN Y Rys 1st m tge gold 5s 1936 . J&J 94 B w ay Surface R R — See N Y R ys 1st & ref 6s 1955 ser A J&J 99 Bronx G & E 5s '60 op a ft '20 J&J 98 Chicago & Oak Park Elec R y — 97 Brooklyn Borough Gas Co— Lake St El 1st 5s 1928 g u .-J & J n 93 1st M 5s M ar 6 1938M&S 98 Chicago Railways Co— Gen & ref M 6s 1963 - -A& O 104 1st M gold 5s 1927 opt F & A 76% Bklyn C ity & N ew R R — See C I & Bk R R Cons M 5s ser A Feb '2 7 .-A& O 54 Sl2 93 Bklyn C ity R R 1st 5s 1941--J&J Series B Feb 1927 . . J&D 37 ____ Eq tr 5s '26-’35 ser A J&J 15 b Pur mon 4-5s Feb '27 opt J&J Brooklyn Edison Co— A dj inc 4s Feb 1927 o p t___M a y 21 100% Chicago Rapid Transit Co— Gen M 5s ser A 1949_____ J&J 100% Gen M 6s ser B 1930___-J&J 105% 105 94 1st & ref 6% s 1944. ____ J&J Bklyn-M anhattan Transit Corp 83% 1st & ref 6s 1953-. - - . . 86% 86% 33% Brooklyn Rap Tran 5s '45 -A& O / 94 Chic Sou Bend & N or Ind R R — / 94 Equit Trust ctfs o f deposit 1st gold 5s Jan 1 1937 _ .J& J ____ Chippewa Power 6s 1947___J& D 1st ref gold 4s 2002______ J&J / 56% 100 ____ Chris & 10th Sts R R — See N Y Rys 3-year 7% notes 1921____ J&J f 115 ____ Cicero Gas— See N orthw G L & Co Cent Un T r temp ctfs dep._ f 115 ____ Cincinnati Gas & Electric— Tem p ctfs dep stamped___ f 108 ____ 100% Bklyn Hts 1st 5s 1941-. .A & O f 76 1st & ref 5s 1956 ser A . A&O Brooklyn Queens Co & Sub—■ 103 Pr 1 & r e f M 5% s Jan'61 B -A& O 85 70% 1st M g 5s 1941 (stp d ). J&J Cincinnati Gas Transportation— 64 65 1st con 5s July ’4 1 (stp )M & N 105 1st 5s 1933 guar op 1913. J&J 82% 83 6 A Bklyn Un E lev 5s 1950 .. F & A 105 Double guarantee. - . 83 % 83% |Cin N ew port & C o v L & T — Stamped g u a ra n te ed ___ 76% Kings Co El 1st 4s 1949 -F & A 100% 1st re f 6s 1947 series A ___J&J 78 75 100 84 87 Nassau Elec 1st 5s 1944.-A& O Cities Service Co— 61 163 1st gold 4s Jan 1 1951 J&J f 58% Conv g deb 7s '66 ser B ___J&J 91% 93% A tlantic A v con 5s g '3 1 --A& O Series C _____________________ 117 ____ 86% Series D ____ __ ____________ Bklyn Bath & W E5s '33A & 0 101% 100% 101 Bklyn U n Gas 1st cons 5s g '45 M & N Series E ______ ___ 113 110 109% 1st lien & ref 6s '47 ser A .M & N Cities Service Power & L igh t— ____ C onv deb 7s 1932-. -M & N 135% 2d s f 6s 1944 series A .M & N 93% Brownsville A ve— See Phila Co Citizens Gas (Indianapolis)— ____ . 94% Buffalo C ity Gas g 5s 1947-A&0 / 1st & r e f gold 5s 1942_____ J&J 102 100% B u ff Gen Elec 1st 5s 1939..F & A Citizens L H & P (Johnst’n, Pa) 100 101 1st re f 5s A pril 1 1939____J&J 1st g 5s 1934 opt 1914 . .M & N B u ff & N ia g Falls E l L & Power— Citizens R y & L t— See Muscatine L t & T ____ Citizesn St R y — See Ind T r & Ter 99% 1st gold 5s 1942 . _____ F & A 91 93 Citizens T ra ct— See Phila Co Burlington (V t) G L 5s 1955-J&J Burlington (la ) R y & L igh t— C ity Elec San Fran 5s 1937.-J&J 98% 97 94 C ity & Sub R y — See P o rt(O re)R y 1st s f gold 5s 1932 o p t___M&S ____ C ity & Sub R y — See Wash R y &E1 99% Butte E l& P 1st s f 5s ’25-’51 J& D ____ C ity W ater (Chattanooga)— Cairo R y & L 5s 1938 ___J&D 84% 99% California Electric Generating— 1st 5% s 1954 series A . ..J & D ____ Clarion River Power Co— 99 1st s f g 5s '48 op a ft '12 -M & S 104 1st M gold 6% s 1947 ____ J&J California Gas & Elec Corp— 101 100% 101% Sink fund g 5s 1933 o p t. M&S C lev El 1 1 1st 5s '39 op '2 4 .A & 0 1 101 100% 109% U n if & ref g 5s '37 op s f . .M & N Gold deb 7s 1941-.. ____F& A ____ 10J Gen M 5s 1954 series A M&N Cal Cent Gas & El 5s '31 F & A California-Oregon Pow er— C leve Pains & East Con 5s 1918— ____ 1st & ref 7% s ser A 1941-F&A 110% Ext at 6% to 1933. . . A& O in 20 ____ 102% Cleve R y 1st 5s 1931 opt . M&S 98% 1st & ref 6s 1942 ser B ___J&J 97% 9 >% C leve Southw R y & Light—1st & ref 5 %s series C__ F&A 104% 105 Gen & con 5s 1954____ .M & S / 17 C onv s f deb 7s 1944 . M&N 60 Cal Pac R y — See Pacific Elec R y C leve Berea & Ob 6s '54. M & S 60 Calumet & South Chicago R y — C leve & Elyria 6s '5 4 -. M & S 60 73 70 C leve Elyria & W 6s 1954 . . . 1st M rehab g 5s '27 op '12F& A 60 Camden & Sub R y — See P S Corp Elyria & Oberlin 6s 1954______ ____ Clinton (111) G & E 6s 1 9 3 '-- 92% Canadian L & P 5s '49 op '14 J&J r 57 92% Canal & C laib R R — SeeN O R y & L Coast Cos L & P 1st 5s’46 op F & A 88 91 94 Canton-Akron Con R y 5s '33 J&J Colorado Power 1st 5s '5 3 .-M & N ____ Columbia G & E 1st 5s '27. J&J 100% 99% Canton Elec Co 5s 1937-- M & N 83 100% 78 Cape Breton Elec Co 5s '32-J&J Stamped . _____ Debenture 5s 1927.. J&J 100% Capital Traction (Wash, D C )— 97% 97% 1st g 5s June 1 1947 J&D 5% gold notes 1928 - M&N 68 70 Columbia (S C) tty. Gas & E l Co Oarbondale R y 5s N o v '3 3 .-J&J 100% 99% 93 1st M s f g 5s 1936_______ J&J Carolina Pow & L t 5s 1938 F & A 105 104 ‘4 Col Buck L & N — See Col N e&Zan 1st & ref 6s 1953 ..J & D 100 99% Columbus Dela & Marion Elec Co Cedar Rap M fg & P 5s '53 -J&J 84 1st & ref 5s June 1937 _____ Central Ark R y & L igh t Corp— 98% 99% 94 1st lien s f 5s 1 9 2 8 - ____M&S 1st & ref 6s (stamped) 1937 . ____ ____ 96 Conv deb 6s 1935 ser A ___A&O Central C alif Trac 5s 1936 -A& O ____ ____ Columbus (G a) Elec & Power— Certificates_ _ ________ __ 103 6s 1947. _ ______. J&D Cent Crosst’n R R — -See N Y Rys 101 99 101% Colum bus(0)Gas 1st 5s g'32 J&J Cent Dist Telep 1st 5s '4 3 --J&D Columbus (O ) Interurban T er Co Cent Ga Pow— See Ga L P & Rys 80 90 95 1st guar 5s 1935. ___J&D Cent Hud G & E 5s 1941 .J & D 105 Col Lon & Spr R y — See Ind C & E Conv deb 7s 1935 . J&J 102 97% 98% Columbus Newark & Zanesville— Cent Illinois L t 1st 5s 1943 A&O 104% 105 1st gold 5s 1924 _ _____ M&S / ----1st 6s 1943_______________ A&O Gen & re f gold 5s 1926. . M & N / - - - Central Illinois Public Service— 87% 89 Col Buck Lake & N ew Trac 1st & ref gold 5s 1952. .. F & A 99 100 1st gold 5s 1921. - . .M & N f 1st & ref 6s 1944 series C.-.T&.T ____ 97% 98% Zanesv R, L & P 5s M a r’21 A&O Cent Indiana Gas 5s 1931 -M & S ____ Colum & 9th A v R R — See N Y Rys 100 Deb 6s 1925- ______ . M & N 99 Columbus (G a) Pow 5s '36. A&O Central Indiana Power C o— 98 99 Columbus R y, Pow & Light— . 1st & ref 6s 1947 ser A J&J 96 101% 1st re f & ext s f 5s 1940 A&O 1 7% notes 1927 . _____ M&S 100% 103% R e f mtge gold 6s 1941 . .J& D Central Iow a Power & L igh t— 78 99 100 1st M 6s 1944 ser A . . -M & N Col R y 1st 4s '39 opt '1 4 -.0 -J ____ ____ 94 Col St R y 1st 5s g 1931 . J&J Conv M 7s 1934 ser A M&N os% 99% 94 Cent M aine Pow 5s '39 op ’ 19 M & N Cross St 1st 5s g 1933- J& D 72 106 107 C om ’cial Cable— 4s g 2397. Q-J 1st & gen M 7s 1941 . J&D 100 102 1st & gen 6s 1942. . J&J Commonwealth-Edison Co— 95% 96% 100% 1st g 5s June 1 1943____ M & S Central N Y G & E 5s 1941--J&J 109% Central Power Co— 1st g 6s June 1 1943 ___M & S 98 100 99% 1st M 5s 1953. . . J&J 1st M 6s 1944 ser C_ - ..J & D 99% 100 99% 1st M col 5s 1954 ser B J&D Central Pow & L t 6s 1946--A & O 98% 100 99% 1st 1 & ref 6% s 1952--. .M & S C om ’weaith El 5s June '43 M & S 87% Central R y — See Un R y &E1 (B alt) C om ’w ’ th L & P 6s 1947 _M & N Central Traction— See Phila Co 98 Sec 7s July 1925-. . . _J&J Commonwealth Power Corp— Charleston Cons R y , Gas & E l— 90 91 Consol gold 5s 1999___.M &S S f g 6s M a y 15 1947..M & N 15 100% 90 C h 's't’n C ity R y 1st g 5s 1923 Gen & ref 5s 1939. _.J& J ____ 95 Gen & ref 6s 1972 ser B __J&J Ext at 6% to Jan 1938--J&J 100 Chattanooga R y & Light— Com pt Hts & M er T er— See Un ____ Conestoga Trac 1st 4s 1950.-J&J §2 % 79 1st & ref g 5s 1956 op '16 M & N ____ Coney Is! & Bklyn R R 4s '4 8 .J&J 82% 68 Chatt Rys 1st cons 5s '56 M & N ____ 99% Ches & Pot Tel 5s '29 op '09 J&J Consol gold 4s 1955. . .J&J 58% 98% 99% Ches & Po t Tel o f Va 5s '43-M & N B C & N 1st cons 5s 1939--J&J 78 Chicago Aurora & Elgin Corp— Certificates o f deposit_____ 78 22 Deben 6s April 1972______ J&J f 20 Conn L igh t & Power— Chicago Aurora & Elgin R R — 1st & r e f s f 7s '51 ser A _ M & N 111% 92 90 R e f & imp 7s '47 ser A -A & O 104% 1st & ref 5% s 1954 ser B . F & A 103% Chicago C ity & Connecting R y Connecticut Power 5s '6 3 --A&O 46 46% 103% coll tr s f g 5s Jan 1 1927-A&0 1st & coll trust 5s 1956____ J&J 102 7% notes D ec 1926. ___J&D Conn R y & L t 4% s 1951 . J&J 90% Stamped guaranteed op tion al.. 90% Conn L tg & Pow 5s '39___J&J 102 Conn R iv Pow 1st 5s 1937.-J&D 99% Consolidated Cities L , P & T r — 1st lien 5s 1962 stamped___J&J 79 k Last sale, n Nominal, r Canadian price. Ask. 77 95 100 95 77% 58 38% 43 24 95 % 84 35 ■±7 103 % 101% 102 114 94 96% 100 110% 103% 40 99% 19 61 61 61 61 93“ 101” 100% 101 100 95 85% 96 99% 100 80 95 96 73 101% 110 99% 99% 100% 92% 100 100% 91 96 72 82' 112% 105% 93% 91% 80 PUBLIC UTILITY BONDS M a t , 1925.] 37 NOTICE.—All bond prices are "and interest” except where marked “ £” and income and defaulted bonds. B onds. Bid. Consol Gas o f Balt 5s 1939 -J&J 100M Gen g 4% s Apr 1954A&( Consol Gas, Elec L t & P (B a lt)— Gen g 4% s Feb 14 1935-_.J&. 96 M 1st r e f 6s 1949 Series A _F&A 107 M 1st r e f 6 %s 1951 Series D A&C 109% 1st re f 5%s 1952 Series E M&S 103 Consol Gas N J 5s g 1936-- J&. 94 1st ref 5s 1965 - ____ A&C 85 Consolidated Gas (N Y ) — Deb 5%s 1945___________ F&A 102% Underlying cos— See N Y G E L H & P Consol L tg Co (V t) 1st 5s ’26 J&( 97 Consol Pow & L tg — 1st & ref 1 6%s 1943_____ M&S 103 Consol Pow & Light (W V a )—1st M & r e f 6s 1943 - __M&S Con R y (N ew H av)deb 4s’54 J&J 63 M Deb 4s 1955 . _J&. 63 % Deb 4s 1955_____________ A&C 63 M Deb 4s 1956 g u a r.. J&J 63 M Cons gold 4s 1930 . F&A Cons R y & Pow (Salt Lake) See Ut nh L & Cons T r (N J)— See Pub Ser Corn Con Wat o f U tica— 1st 5s ’30.J&J 98 2d M tg e 5s Jan 1 1930. . .J&J 97 Consumers El L & P (N ew O rl)— 1st M 5s 1936__________ .J&J 94 Gonsum L H & P Co (E liz, N J) 5s 1938 . . . ____ J&D 98 Consumers Power Co (M ic h )— 1st & r e f 5s 1936 op '16 -J&J 100 1st 1 & unif 5s ser C 1952.M &N 95 % l s t l & unif 5y2s 1954____M & N 102 Continental Gas & Electric-— 1st lien coll tr 5s 1927 . M & N 99 M R e f 6s 1947_______________A&O 98% C oll tr 7s 1954 ser A . . F& A 101 Copenhagen Telephone Co— External s f 6s 1950. A&O 15 Crosstown St R y — See Col R v & L t Cross St R y — See In t T r (B u ff) Cuban Telephone Co— 106 1st lien & re f 7 Ms 1941__.M&S Cumberland Co (M e ) Pow & L t — 94 1st & r e f gold 5s 1942 ___M & S Cumb’land T & T 5s 1937..-J&.T 99 M Cuyahoga T elep 1st 7s 1941 J&D 105M Dakota Central Telep Co— 103 1st gold 6s 1935 .............. J&D 100 Dallas Gas 1st 6s 1941. _ . A& O 103 Dallas Pow & L t 6s 1949-- -J&J 1st g 7%s 1949 series B_ J&J 1st g 5s 1952 series C J&J D anv St R y & L Co 5s 1925 J&J D anville T r & Pow 1st 5s ’41 J&J D arby M ed & Ches R y — See Phila R T r Daytona Pub Serv 7s 1942 J&J 103 Dayton (O ) Gas 5s’30 op’ 15_M&S D ayton L t g 1st 5s ’37 op’ 12-M&S 99 Dayton Pow & L 1st 5s‘ ’41 J&D 98 M D a y Sp & Urb— See Ind Col & E 92 Defiance (O ) G&E 5s 1942. M & S Delaware Co & Phila— See Un P & Trans Denver C ity Tram way— 59 1st & ref g 5s 1933 op s f.M & N Con Tram con g 5s 1933 A& O 83 M Deny Gas & E l 1st g 5s ’4 9 .M & N 99 94 1st & R e f 5s 1951_________M & N D enver Tram way Power Co— 1st imp g gu 5s ’23 op ’08.A& O n 97 E x t at 6% to 1924.. . . Denver Tram way Terminals Co 1st M g gu 5s 1926-40___M&S 6 7% D erry (N H ) Elec 8s 1951. M&S 99 Des Moines & Cent la Elec Co— S F 6s 1937 opt series A . _ M&S 99 M 88 S F 5s 1937 opt series B .M&S 93 Des Moines E l 5s 1938 M & N 78 Des M oines C ity R y 5s ’36 J&J Des M oines Elec Co— l s t M 5 s , 1938. M&N 98 M D etroit C ity Gas Co— 105 1st M 6s 1947 series A _ . J&J D et & Sub Gas 1st 5s ’28. J&D 98 M 101 D etroit Edison 1st g 5s 1933-J&J 10)% 1st & r e f 5s July 1 1940___M & S 107% 1st & r e f 6s July’40 ser B .M & S 98 % Gen & re f 5s 1949 series A . A&O Conv deb 7s Jan 15 ’28 J&.T15 114 114 C onv deb 7s Feb 1929. F&A 114 Conv deb 7s M a r 1930 _ M&S 114 C onv deb 6s D ec 15 1932. J&D 90% D et United 4% s 1932 opt J&J 77 1st M & coll tr 6s 19291___J&J ____ D et R y 1st 5s 1924____ _.J& D D et F t W ayne & Belle Isle— 95 1st g 5s A pr 1 1928___A&O D et M on & T o l Short Line R v ____ 1st M g 5s Jan 1933.. -J&J D et & Pontiac— Cons g 4 M s ’26 o p ’ l l . J&D 99 M D et & P t Huron Shore Line— ____ ____J&J 1st gold 5s 1950 . D et Y psil Ann Arbor & Jack— ____ 1st gold 5s 1 9 2 6 - - . ____F& A Dominion Pow & Transmission— 96 1st 5s 1 9 3 2 .____ ______ A&O D D E B & B R R — See Third A v R y Duluth-Superior Traction Co— 95 % Duluth St R y 1st g 5s ’30_ M &N 8o% Gen M 5s 1930. . __M &N Duquesne Light— See Phila Co Duquesne Trac— See Phila Co Eastern Connecticut Pow Co— 1st M s f 5s 1948 series A .A & O 94 M Eastern M ass Street R y Co— Serial r e f 6s Jan 1926-1929 99 M 70 R e f M 4 Ms 1948__________J&J R e f M 5s 1948____________ J&J 75M ____ R e f 6s Jan 1948 ser C ..M & S 1 5 ---R e f 6s Jan 1948 series D A&O ____ R e f 6s Jan 1948 series E .M & N Lynn & Bos 1st 5s g ’2 4 .-J&D 99 Extended to 1 9 2 9 . . _____ Eastern N J Power Co— 99 1st M 6s 1949____________ J&J Eastern Oregon Light & Pow Co—1st M 6s 1929____________ A& O 99 M Ask. B onds. Bid. 101 Eastern Pa R ys 1st 5s 1936.-J&J 94M Eastern Tex E l Co 5s ’42___M&E Eastern Wisconsin Electric Co— 1st & r e f 5s 1947 ..M & S 1st lien & ref 6s 1942.J& I 108 1st lien & re f 6 Ms 1948 M & S Sheboygan Elec 5s 1946 J&J 98 East B ay W ater 5 Ms 1946 J&J Un & ref 7M s ’36 ser A ..M & S Un & ref 6s 1944 ser B _M&£ Un & re f 6s 1944 ser C .M&S 102 M U n if & r e f 6s 1955 ser D -M&S: 100 5 M % gold notes 1928 -F & A East Penn Elec Co-—1st M & ref 6s 1953 ..J&J 103% East St Louis (111) L t & Pow — 1st 5s 1940 . J&E East St Louis & Suburban C o—C oll trust g 5s 1932 opt . A&C A lton Granite & St L Trac— 64 1st cons gold 5s 1944 F& A Easton Cons E l 5s 1949 .. .M & N East Palm & Beth 6s 1939 J&J 100 Economy L t & Pow (Joliet, 111)— 99 1st M s f gold 5s 1956 - J&E Edison Elec Tllum o f Boston— 4M s% gold notes 1928--J&J 15 94 M Ed El Ill(B k n )S ee Kings C oE L & P Edison El 1 1 (N Y )— See N Y G 1 Edison Elec Co (Lancaster)— Refunding 5s 1943 F&A 100M 95 % Eighth A v e RR-—-See N Y Rys 102 M Elec & Peop— See Phila Rap Tran Electric Pow Corp (Germ any)— 100 % 1st s f 6M s 1950 temp ctfs M&S 99% Electrical Securities Corp—• 102 Coll trust s f 5s 1935 opt F & A C oll tr s f 5s 1955- - -- A&O 99% Eliz Plainf & Cent JlSee Public Eliz & Trenton R R /Serv Corp Elm ira W ater, L igh t & R R — 1st & con g 5s 1956. ..M & S 107 E l Paso El Co coll tr g 5s ’32 J&J 7% notes 1925. -..J& J 96 Em pire District Electric Co— 99% 1st 5s 1949_______________ M & N 106% Em pire Gas & Electric Co— Gen & re f 6s ser A 1952 _ . J&D 105 Em pire Gas & Elec and Em pire Coke jt lst& ref 5s ’41 opt M&S 105 Em pire Gas & Fuel— 1st M s f 6s 1926-. . -_ -M & N lst& ref conv7M s’37 ser A M & N Equit G & E Utica 5s 1942 A&O Equit 1 1 Gas, Phila, 5s g ’28. J&J 1 Erie Railways— 105 1st & ref 6s 1954.. A& O Erie El M otor s f g 5s 1941 A&O 100 Erie L tg 1st M 5s 1967 .A & O 99 M Erie & Suburban R y 5s ‘41 A&O Evansv G & E L 5s ’32 op ’ 12 J& D 93 M Excelsior Springs Wat Gas & E l— 1st M 6s 1932 o p t. _____ J& D Fairm ont & Clarksburg Trac—63 1st g 5s 1938 opt 1913 A& O Federal Light & Traction— 1st s f g 5s 1942 o p t. . . M&S 99 M 1st lien g 6s 1942 stpd M&S 94 M Debenture 6s 1954 ser B ..J & D Fed St & Pleas Val— See Phil Co 100 F t P itt Traction— See Phila Co F t Smith L ight & Traction— 6%% 1st M g 5s M a r 1 ’36 o p t. M & S ____ F t W Van W ert & Lim a "Trac— 1st M g 5s 1930 g u a r . ___J&J f 101 F t W orth Pow & L 5s ’31 F & A ____ 42 dS tM & S tN A v—-See 3d A v R y Frankf Tacony & Holmesb R v — 1st gold 5s July 1940 ..J & J 79 M Galesburg R y L tg & Power— ___J&D Con 5s Oct 1934. 99 M Galesb R y & L 5s 1934. 105% G alv Elec Co 1st 5s ’40 o p . M & N 100 Galveston-Houston Elec R y — 101 % 1st M s f g 5s 1954 o p t____ A & O Ml Gas & E l o f Bergen Co 5s ’49 J& D 10 /% Gen 5s N o v 1 1954___- - M & N 98 M General Gas & Elec Corp— S f g 7s 1952 ser A ______ M & S ____ Gen Gas & E l Co 5s 1932 -J&J ____ Gold 6s 1929__________ M & S ____ German General Elec— 91 J&J 15 20-yr 7s 1945____ SO Ga Row & Ins— See B & N St R y ____ Georgia Ligh t Power & Rys—1st lien s f g 5s 1941 o p t. .M & S 98 M Cent Ga Pr 5s ’38 op t’ 13 M & N Georgia R y & Elec 5s 1932- J&J 72 R efg & im pt g 5s ’49 s f ___J&J Atlanta Cons St 5s 1939--J&J ____ Georgia Elec L t 5s 1930--J&J A tlanta N orthern R y Co— 65 1st guar 5s ’54 op ’90___J&J Georgia R y & Power— 90 1st & ref s f 5s 1954 o p t--A & O Gen M 6s 1947. - - - A&O 97 Gen M 7s 1941 _________M & N Grand Rap Gr H a v & Musk R y — 1st g 5s July 1 1926______ J&J 96 M Grand Rapids R y — 87 1st s f 7s 1939. ---M & N Great Cons Elec Pow (Japan)— 1st M 7s 1944____ . . . F&A G t Falls Pow 1st 5s ’40 o p ..M & N 95 M Great Lakes Power, L td — 1st M 6s 1925-1944. ..M & N ____ Great N orth P o w 5s 1935 -- F & A 71 Great West Pow 5s 1946 op J&J 1st & ref 6s M a r 1949____ M&S 76 M 88 1st & ref 7s 1950 ser B ___J&J 88 1st & ref 6s 1952 ser C F&A 88 Green Bay Gas & Elec Co— 1st & re f 5s 1935 M&N 101 Greenwich Tram 1st 5s ’31 J&J Hackensack W a t 4s ’52 op ’ 12J&J 100 Hagerstown & Frederick "By— 1st & ref 6s 1944 . . -A& O 101 Harrisburg L & P 5s 1952--F & A H art St R y — 1st g 4s 1930--M & S Harwood E l 5s ’39 op ’ 14____ J&J 1st & r e f s f g 6s ’42 o p ___M&S Ry Ask. 92 94 90 9 'M 101 94 M 101 % 10 M 101 V s 101 100% 103 84 63 M 63 100 93 98 99 % 87 M 93 102 100 89M 100M 93 M 102 % 103 M 98 93 M 91 97% 80 98 93 % 100M 91M 12 99 M 40 95 M 96 86 86 99 M 95 103 M 109% 99 % 93 % 88 95 M 99 92 % 96% 99 94 93 M 102 M 105 M 86 96 88 M 101M 101 97 97 M 101 108 % 100% 98 M 75 84 % 96 % 98M 83 % 100 105M __ 1 /This price includes accrued interest, ft Last sale. I In London. Canadian price, Ask. Bid. B onds. 93 M Havana Elec R y , L igh t & Power 87 % 86% Gen M 5s 1954 series A _ M&S 95M 93% 93 Havana Elec R y 5s 1952- F&A 93% 93 M Helena L t& R y 1st 5s ’25 op M & S Herkimer County L igh t & Power 100 98 1st 5s 1950 J&J Hest M an & Fair Pass R y — See P h ila R T 96 101 M Hom e Telep & T eleg (L os Angeles 100 99 Cal) 1st 5s 1933 - J&J 106% 98 96% 1st refunding 5s 1945 J&J 102M 102 Hom e T e l & T e l o f Spokane— 99 98 1st M g 5s M a y 15 ’36 M&N15 101 M 43 40 Hortonia Power 5s 1945- -F& A 101 Houghton Co (M ich ) Elec L igh t— ____ 99 1st g 5s Jan 1 1927 opt_ J&J 104 25 Houghton Co Trac 1st 5s ’37-J&J / 15 100% 99 y Hous Elec 5s 1925 opt 1910--F & A 100 98% Hous Hom e T elep 5s 1935 M&S 99% 99 y 84 % Houston L t & Pow 5s 1931 -A&O 94 33 1st lien & re f 5s 1953____ M&S ___ 10 1% 1st lien & ref 6s 1953 ser B.A& C 99% 98 % 64 M 99 % 10’ M Hudson Co Gas 5s g 1949--M & N Hydraulic Power o f N ia g Falls— 96 102 100% 1st & refunding 5s 1950___J&J 100 101 R e f & im pt 5s 1951______ A&C 96 95 % Idaho Power 1st 5s 1947-. -J&J ____ 99% 1st lien gen M 8s 1930 -J&J ____ First lien gen M 7s 1947 J&J 99 Vs 100 1 1 Bell Telep 1st 5s 1956 1 J&E 94 91 Illinois Cent Trac 5s 1933--J&E 103 10 1% Illinois El Pow 1st 6s 1943.-A&O Illinois Power & Light Corp— 103 102 1st & r e f 6s 1953 seris A .A & O 103 101 Debenture 7s 1953. - A&O 94% 93 % 87 % Illinois Power 1st 5s 1933-- J&D 103% 102 % 1st 7s 1936___________ . J&E 100 98% 1st 6s 1944.... -J&D 96 Illinois Northern Utilities Co— 89 88 1st & r e f 5s 1957 o p t_____ A&C 97 94 Illinois V alley R y 1st 5s ’35 M & S 1 Indiana Columbus & E Tra c— 4 Gen & ref g 5 s ’26 o p ’ l l _ M & Ni/ 1 20 Col Lon & Springf 5s ’20 A & O if ----____ 45 101 D a yt Spgf & Urb 5s ’28- M & N Indiana Electric Corp— 98% 98 1st M 6s 1947 series A M&N 90 M 103 101 1st M 6H s 1953 series B -F & A 82 80% F&A 101M Indiana L tg 4s 1958 opt Indiana & M ich El 5s 1957 .F & A 95 95% 1st & re f 5s 1955_________M&S 94 M Ind N a t Gas & O— See Peo G L& C 94 103 % Indiana Power 6s 1944____ M & N 93 104 106 103% 1st lien 7 %s 1941 ser A . . M & N 100 101 100 1st lien&gen 6% s’41 ser B .M & N 99 .F & A 5 % % notes 1928___ 91 Indiana R y & L t 1st 5s ’43 -J&J 94 M Indiana Service Corp— 92 93 88 % 1st & ref M 5s Jan 1 1950 -J&J 82% 98 Adjustment m ortgage_____ __ f 82 81M Indiana Union Traction— 20 10 100 1st g 5s July 1 ’33 op ’08 A&O 20 10 Indiana N or 1st g 5s 1933.A & O Indianap Columbus & Sou Trac— 100 95 1st M g 6s Feb 1 1948- -F & A 98 96% 93M Indianapolis Gas 5s 1952___A& O 100% 98% Indianap L & H 5s 1940 . A&O 94 M Indianap & M artinsv Rap Tran— 50 1st g 5s 1923 o p t. ..J & J 93% Indianap N ew Castle & Eastern— 12 1st 6s 1932_____________________ Indianap N or— See Un T r o f Ind Indianapolis & Northwest Trac— 46 79 1st g 5s 1923 ext to 1933. _M&S Indianapolis & Southeast Trac— 18 18 13 1st M g 5s 1935 . .J& J 18 100 13 Ind Shelby & S E 5s 1932. .J& J Indianapolis Trac & Term Co— 92 91 1st s f gold 5s Jan 1 1933 -A & O 50 62 63 Indianap St gen 4s 1933___J&J 85% 84 y Citizens’ St con 5s g ’33 M & N 97 Indianapolis W ater— 97 93 94 1st & r e f g 4% s 1940 o p t.-J & J 102% 89 io i y 1st lien & r e f 5% s 1953. M & S Interborough-Metropolitan Co— 13 88 Coll trust g 4% s 1956 - -A& O f 11 99% Guar Trust ce rtif o f deposit / 13 6y Stpd ass’t ’d & 16% subs.. f ____ Stpd as del o f 16% sub . f 1% Stpd as to del on surrender 104 M ____ o f 60% o f bonds________ f y 100M Interborough Rapid Transit— 65 65% 1st & r e f g 5s ’66 op tax-ex J&J 64 64% 93 M 68% 69 -4 6% notes 1932 -_ . A& O 87% 88% Conv g 7% notes 1932 M&S 92M International R ailw ay(B u ffalo)— 82% 80% B u ff R y 1st con M 5s g’31 -F & A 96M 72 9 % 74 B u ff Trac 1st 5-° 1948____ J&D 80 94 81 Cross St R y 1st 5s g ’3 2 --M & N 90 93 97 % B u ff B ell & Lan 5s 1927--J& D 72 74 100 B u ff & Lock 1st g 5s 1938- J&J Buffalo & N ia g Falls Elec R v — 81 83 1st M 5s gold 1935. .J&J 62 63 Internat R y ref 5s ’62 op M & N 97% 93 % Interstate E l Corp 6s 1933.M&S 97 95 100 Debenture 7s 1932 _____ J&D 103 M 10oM Interstate Power Co— 99 98 1st M g 6s series A 1944 -J&J 99 89 1st M g 6s series B 1944--J&J 99 100 General 7s 1934 __ J&J 98 Interstate Rys— C oll trust g 4s 58 60 1943 opt 1913____________ F & A 88 H Iowa R y & L t (Cedar Rapids)— 98% 101 % 100 1st & r e f 5s 1932 opt ’ 15--M & S Iow a Southern Utilities— 103 95 1st & re f 6s 1943- F&A 99 Iron wood & Bessemer R y & Light 92 91 1st s f g 5s ’36 opt after ’ 15.F & A 103 Italian Power Co— 98% C oll tr 6% s 1928 series A A&O 98% 101 M Jackson Cons T r — See M ich E .R v 98 100 Jackson (M ich ) Gas 5s g ’37 A & O 100 Jackson (M iss) Public Service— 92% 80 96% 1st M 6s 1934. - - - . A& O 98 100 1st M 7s 1934_________________ 83 84 Jacksonv(Fla)Gas s f 5 s ’42 .J& D 75 80 97 M Jacksonville Trac 1st 5s ’31 M&S £9% 91 94 Jacksonv Elec 5s ’27 opt M & N Jacksonv (111) R y & L t 5s ’31 J&J 93 95 Jamaica W ater Supply Co— 100 98% 1st gold 5% s series A 1955-J&J s Sale price. l 38 PUBLIC UTILITY BONDS [V ol. 120. NOTICE.— All bond prices are “ and interest” except where marked “ f ” and income and defaulted bonds. B onds. Bid. Ask. B onds. Bid. 1 Jersey Central P o w & L t Corp— Manila Elec Co 7s 1942. . -M & N 102 1st & r e f 5 %s 1945 series A F & A 97% Manila Electric Corp— 97 Jer C ity H ob & Pat— See P S Corp M anila Elec R R & L tg Corp— Johnstown (P a ) Telephone Co— 1st lien & coll tr 5s '5 3 .-M&S 89 1st & re f 5s 1942____ __ F & A 99 100 Manila Sub R ys 1st 5s 1946 M&S Johnstown (P a ) Traction— Manitoba Power Co L td — 1st & re f 5s July 1943____ J&D 66 68 1st s f 7s 1941 ser A _____ M & N 102% Joplin& PittsRy 1st 5s’30 op.M&S 15 25 Manuf’rs Wat (P a ) 5s 1939-J& D 99% Kankakee (111) G & E 5s ’30 -M & S 94 99 Marion (O ) W ater Co— Kansas C ity Gas 1st 6s 1942.F & A 1st mtge 6s 1943___ - J&D 101 102 98 Kansas C ity Power & Light— Market St E l Pass R y — See P R T 1st M 5s 1952 series A ____ M & S 98% Market St R y (San Francisco)— 98% Kansas C ity Railways— 1st s f 7s 1940 ser A . Q-J 97% 1st M 5s July 7 1944_____ J&J ' 59 60 M a r y l’d E l R ys 1st gu 5s '31 A& O 95 2d M 6s July 7 1944______ J&J r 8 1st & re f 6% s 1957 ser A -.J & J 10 97 2d M 5s July 7 1944______ J&J p 8 B alt & Ann S L 5s 1946 F & A 10 59 C oll gold notes 7s M a y 15 Massachusetts Gas 4% s '2 9 --J&J 98% 1921________________ M & N 15 p 73 75 D eb g 4 %s D ec 1931- - - -J&J 95% Kansas Elec Power 6s 1937-J&D 99% 100% 5% notes"Apr 15 1927.- -A& O 100 1st M 6s 1943- J& D 102 Massachusetts Lighting Cos— 99% Kansas Elec U til 5s 1925___A & O Deb g 7s 1925-’28_______ J&D 100 Kansas Gas & Elec 6s 1952-M&S 100% 103% Deb g 7s 1930___________ A& O 100 Deb gold 6s 2022 series A _M & S M cG av & M t V — See Nash R y & L 87 90 Kentucky Traction & Term inal— Memphis Power & Light Co— • 1st & re f gu 5s '51 opt ’ 14-F& A 1st & r e f 5s 1948 ser A ----- J&J 79 98 78 Lexington R y 1st 5s 1949-J& D 1st & r e f 6s 1948 ser B ____ J&J 92 93 102 Kentucky Utilities Co— Mem phis L & P 5s 1931 J&J 99 1st lien 6s 1949 series E — J&J Mem phis St R y con g 5s '45 J&J 99% 101 76 K e y System (San Fran-Oak Term ) Meridian L t & R y 5s '44— M&S 93 1st M 6s 1938- _______ -J&J 101% 101% M etropolitan Edison Co— R e f & imp 8s 1935 ser A .- M & N R e f 5s 1938_______________ J&J 81% 81% 105 R e f 6s 1 9 3 8 - _____ __ ____ 1st & r e f 6s 1952 ser B ____ F& A 91 104 90% K e y System Securities coll trust 6s 83 86% 1st & r e f 5s 1953 ____J&J 93% K e y T e l 1st g 5s ’35 opt '08- - J&J M etropolitan Elec Co (Reading) 88 86% 6% gold notes 1927........ M & N 1st s f 5s 1939___________ A&O 100 Kings Co E L & P 1st 5s '37-A & O M etropolitan Power— 101 % Purch money 6s g 1997— A& O 1st 6s 1953 ser A ________ J&D 102% 117% 119% Edison E l 1 1 Bkln 4s '39. -J&J 1 — M e t St R y — See N Y Rys 91% Kings Co E le v R y — See Bkln R T M etropolitan W est Side “ L ” — Kings Co Gas & 1 1 1st 5s'40-A & 0 1 1st gold 4s 1938-------------- F & A 71 Kings C o L t g 1st re f 5s '5 4 --J&J Exten gold 4s 1938-- - -J&J 74 96 98 1st re f 6H s 1954- - ______ J&J Mexican E l L 1st M g 5s '35-J&J r ____ 106% Kingsport Utilities 6s 1937-A&0 M e x L t & Pow 1st 5s '33 s f.F & A , r ____ 91 93 1st 7s 1937 series B ______ A&O M iam i Valley Elec 6s 1945--J&J 94 98 96 Kinloch Long D ist T e l 5s '2 9-J&J M ich Elec R y 5s 1948_____ J&JI/ 23 99% 100 Kinloch Telephone 6s 1928--F & A Jack Cons Trac 5s 9134--M & N f 35 103 103% K n oxv Gas 1st 5s '33 opt '13-A& O M ichigan Gas & Elec Co— 82 85 K n oxville Railw ay & Light— 1st & re f 6s 1943_________M & S 98 R e f & ext 5s 1946 o p t____ J& D 99% 90% 91% Michigan Light 1st 5s 1946-M&S K n oxville Trac 5s 1§38___A&O M ichigan N or Pow 1st 5s '41 J&J 96 96% Lackawanna & W yom Val R T — Middlesex Water Co (N J )— Coll trust 5s 1951_________F & A Consol M 5s 1950 -------- F & A 96 Laclede Gas L t r ef 5s 1934--A& O 100 100% M iddle West U tilities— 1st M coll tr 5% s '53 ser C .F & A 8% gold notes 1935----- -M & S 105% 100 100% Lake Roland E lev— See Un Rys & Elec 8% gold notes 1940 -------J&D 108% Lake Sh Elec 1st con g 5s '2 3-J&J 8% gold notes 1941 . ------108% M illv Etna & Sharps— See Phil Co Gen gold 5s Feb 1 1933___F & A Milwaukee Coke & Gas Co— Lor & C lev g 5s '27 op '17.J&J 1st M s f 7% s 1933 - -F & A Sand Frem & Sou 5s 1936--J&J 103% M ilw E l R y & L t 5s 1926---F& A T o l Frem & N o 6% s 1925-J&J 100% R e f & ext 4% s g '31 op t--J & J Lake St E lev R R — See Chic & O akPk E l ec R y 95% Gen & r e f g 5s 1951 op t-.J & D 97% Laurentian Power 6s 1936___J&J 98 99 1st & r e f 5s 1961 ser B — J&D Lauren tide Power 5s 1946___J&J 88% 98 97% Lehigh Pow Sec 6% notes’27.F&A 1st & r e f 6s 1953 ser C — M&S 100 102 101% M ilw Light, H eat & Tra c— Lehigh N a v Elec 6s 1943--J&J 105 106% 1st g 5s gu 1929 o p t— M & N Lehigh Valley Transit— 1 99% Milwaukee G L 1st 4s 2 7 .-M & N 1st M g 5s D ec 1935 o p t.-M & S 99 96% Milwaukee Northern R y — 1st M g 4s Dec 1935 o p t--M & S 87 88 1st 5s A pr 1931__________ A&O 96 Cons gold 4s 1935 ______ J&D 80% R e f & im pt g 5s 1960____ J& D 81% M inn Anoka & Cayuna R ’ge R R 80% Leh Val L & P 5s 1943____ A&O 1st 5s 1935_______________M & N 96% Lex A v e & P a v F y — See N Y Rys Minneap G L 5s Feb '30— M & S 97% Lex (K y ) R y — See K y T r & Term 6% gold notes Feb 1930 - 101 Minn Gen E l 1st 5s '34 op .-J & D Lincoln Gas & Elec 5s 1941-J&D 94 95 101% Llndell R y — See United R y s (S tL ) M inn St Rys— See Tw in C ’y R T Minnesota Power & Light Co— L ittle Rock G & F 6s 1937--M & N 96 1st & re f 6s 1950 - ----- M & N L ittle Rock R y & E l 5s '33 A&O 103% 97 98 Mississippi Power & Light— R e f & ext g 6s 1938______ A&O 98% 1st & r e f 6% s 1943 ser A ..J & D 96 Lockhart Power 5%s 1950--F & A 97 98 98% Lockport & Olcott R y — See In t T r a c (B uffalo) Mississippi R iv Pow 5s '5 1 .-J&J Sink fd deb 7s 1935. - M & N Long Isl Lighting 5s 1936--M&S 102% 100 101 Mississippi Valley Power— Is t r e f6 s i9 4 8 _________ -J&J 103% 105 Lorain & C leve R R — See Lake Sh Elec Ry 1st M 6s 1947___________ M & N Missouri Edison E l 5s 1927.F& A 100 Los Angeles Gas & Elec Corp— M obile Elec 5s '46 op '1 0 .-M & N 94% 1st & ref g 5s 1939 o p t.-.'M & S 100 Gen & re f g 7s 1926 ser A .M & S M obile Gas imp & re f 7s '51 J&D 100 101% M o b L t & R R 1st g 5s '3 7 .-J& D Gen & re f g 7s '31 B & C - . J&D 106% 6J 102% 68 102% 98 Gen & re f A ljg 1943 M&S 98 4 Monongahela Valley Traction— Gen & ref 5 H s '47 ser E _J&D 97% 1st M g 5s '42 opt '22----- J&D 88% Gen & re f 6s 1942 ser G ..M & S 102% 103% Monongahela Valley W ater— Los Ang G & E 5s 1934 _ J&J 101 100 1st M 5% s 1950 series A ___J&J Los Ang Pac Co— See Pac E l R y 96% Los A ng & Pasad— See Pac E l R y Monongahela-West Pa P S Co— 1st lien & ref 6s 1928 F& A 100 Los Angeles R ailw ay Corp— 1st & re f s f g 5s 1940- -_J&E 85% 86% M ontpelier & Barre L & P Co— Los Angeles R y 5s 1938----A&C 1st re f 5s 1 9 4 4 - - _____ _A & 0 95 94% M ontana Power— Los Angeles Sub Gas Corp— 1st lien coll trust 7s 1938-M&S 102% 1st & ref s f 5s '43 op '1 8 .-J&J 104 99% M ontreal L t, H t & Pow Co— Louisiana Power 1st 6s '44 _J&E 98 96 lst&coll tr g 4% s ’32op'12 J&J r 96 Louisville Gas & Electric Co— Gold 5s 1933 opt 1913____ A&O 98% 1st & ref 5s 1952 ser A ..M & N 95 95% M ontreal Tram ways— Louisville Home Telephone— 96% 1st & re f g 5s 1941 op t----- J&J 100 1st 5s ext 7% 1925--. ---J& J Gen & re f 5s 1955 series A . A&O r 90% 98% Louisv L tg 5s '53 unstmpd A&C 94 M orn ’side El S tR y— See Phila Co Louisville R y con M 5s g '30 J&J 91 73% 75% Mountain Home Telep Co— 2d m tge 4% s 1940- ____ M&S 74 98 Gen 5s 1938- - J&J Gen M 5s 1950_____ .-F & A 73 Mountain States Power Co— Louisville W ater— See under Lou sville. p. 50. 90 1st & ref 5s 1938_____ -J&J Low er Austrian Hydro-Electric— 1st M 6s 1938 series B _ J&J 85% 86 M t Wash St R y — See Phila Co Luzerne Co (P a ) Gas & Electric— 98% 99% Muncie El L 1st 5s '32 op '12 J&J 1st ref&imp g 5s’48 op '13.A&C Muncie H art & F t W ayne T r — 102% 103 1st & ref 6s 1954 ______ M&S 103 104 1st 5s g 1935 opt 1925----- J&J / io Debenture 7s 1944-- -- J&. M & U C T r Co— See Un T r o f Inc Lykens Val L & P 6s 1945--M&E 98 100 Municipal Gas (Albany, N Y ) — Lynn & Boston R R — See Eastern Mass S t R y 1st M 5%s 1952 ser A — A&C 105 90 88 M acon R y & Light 1st 5s '53-J&. Municipal Gas & Elec, Roch— Madison Co (111) Light & Power— 1st M g 4% s 1942 opt '1 2 .A & 0 94 1st g 5s 1936______________J & I 93 Munic Service 5s 1942-_ - M&S Madison Gas & Electric Co— Muskegon T r & L t 1st 1931 M&S 100 81% 98% 1st r e f 5s 1940 __________ A&C Muskogee Elec T r 5s 1934-M&N 100% 1st 6s 1926_______ _______ A&C Nashville Railw ay & Light— Madison Railw ays Co— ■ 95% 83 Cons g 5s 1953 opt 1908..J&1 80 1st g 5s 1936______________M&N R e f & ext gold 5s 1958___J&« 85% 99% M a d R iv P o w ls t 5s’35 gu op .F & A 6i 60 100 Summer St 1st M 6s '26 J&J 52 54 2d gold 4s 2013____ - - -J&E 2d series 6s July 1937— J&« 103 Nashville Gas & H eating Co— 97 1st M gold 5s 1937______ M&N I Basis. / T h is price includes accrued interest, k Last sale, n Nom inal, Ask. B onds. 102% Nashville W ater 4s 1928-- -J&J Nassau E l R R — See B klyn Rap T Nassau L t & Pow 1st 5s '2 7 -A & 0 Nassau & Suff L tg 5s 1945 F & A 91 Nat Electric Power Co— Sec g 6s 1945______________M&S 103% National L ig h t, H eat & Power— C oll trust 7s 1928 series B .J & J 101 Nat P o w & L inc 7s 1972 - -J&J Nat Public Service Corp— 102 C oll tr s f 6 %s 1955 ser A . - F & A Nebraska Power 1st 5s '4 9--J & D 98 1st M 6s 1949 ........ ......... J&D D eb 6s 2022 ____________ M & S 96% 97% Nevada-Calif Elec 6s 1946--J&J 1st lien 6s 1950 series B — A & O 65 98% Nevada-Cal Pow 6s 1927— A&O Newark Gas 6s Apr 1 1944--Q-J 100% Newark Cons Gas con 5s '48. J&D Newark Pass R y — See P S Corp— New B ed f & Onset 6s 1928--J&J New Brunswick (Can) Pow Co— 1st M 5s 1937____________ M&S N ew Chester (P a ) W ater Co— 1st 5s M a r 1 1943_________ M & S 99 N ew England Elec Securities— 104 1st coll tr 5s Jan 3 1932— J&J3 100% N ew Eng Pow 1st 5s 1951— J&J 77 N ew Eng T e l & T e l 4s 1930— J&J 5s gold Oct 1 1932________A& O 1st 5s 1952 series A . . . .J & D N ew H aven W a t 4% s 1962..J&J 105 93% N J & Hud R iv R y & Ferry— 1st gold 4s 1950 o p t-------M&S N J Pow & L t 5s 1936 _____ F & A 101 N ew London G & E 5s '2 7 --A& O 103% 2d mtge 5s 1929 . . — A&O Consol & refg 5s 1933_____ J&J N ew M ilfo rd Pow 1st 5s '3 2 .F & A N ew Orleans Pub Service Co— ■ 75 1st & ref 5s series A 1952 -A & O 75% Gen M 4% s 1935_____ .. .J & J 65 Inc 6s N o v 1949 series A . .J & D 96 Series B _______ ________ J&D 30 N ew Orleans R y & L ight Co— 40 Canal & Claib 1st 6s '4 6 --M & N N O C y R R — Gen g 5s '43-J&J 100 N O C y & Lake 5s 1943-J&J N O & C arroll con 5s F eb’33-J&J 100 97 Edison El 1st 5s 1929___J&J N O Pow-House Co 5s '41-J&J St Charles St 1st g 4s '5 2 .-J&J N ew p New s & Ham p R y , G & E — 106 1st & re f 5s 1944- _______ J&J 109 N ew p N ew s & Old P t R y & E l 109 1st g 5s N o v 1 1938____ M & N Gen g 5s M a r 1 1941_____ M&S N Y Cent Elec Corp— 104 1st M 5% s 1950__________ M & S 100% N ew Y ork Edison Co— 1st lien & ref 6% s 1 9 4 1 ---A & 0 95% 97 % 1st 1 & ref 5s ser B 1944--A & O 88% N Y Gas, Elec L t, H & P Co— 100% 1st g 5s Dec 1 1948----------J&D Pur mon coll tr 4s 1949— F & A 100% E d E l 111, N Y , con g 5s’95-J&J 99% Central Un Gas 5s g 1927--J&J Equitable Gas 5s 1932____ M&S N ew Amster Gas 5s 1948--J&J 97 N Y & E R Gas 1st g 5s '44-J&J 65 Con 5s 1945 - -J&J 99 N Y & W estch L tg 4s 2004.-J&J 102 Deb g 5s 1954 op gu a r..J & J 103% N orth Un Gas 5s 1927— M & N Standard G L 5s 1930---M & N N Y Municipal R y Corp— ■ 104 1st mtge 5s 1966------------ J&J N Y & Pa T elep & Teleg Co— 99 1st gold 5s Feb 1 1926----- F & A 99% Gen s fd g 4s N o v 1929___M & N 101 N Y & Queens Elec L t & Pow — 1st cons g 5s Aug 1 1930--F & A NY&Queens Gas 1st 5s '3 4 --F & A 100% N Y & Queens Co R y 4s '46-A & O 96% Steinway R y 1st 6s 1922-.J&J 102% N ew Y ork Railw ays Corp— 73 Purchase mon 40-yr 6s ser A w i 69 90 98 100% 97 100 97% 100 96% 91% 100 93 100 15 106 94% 84 87 102 105 98 r Canadian price, Bid. Ask. 98 89 91 96 97 101% 99 96% 98 104 92% 98 98 102 110 99% 97% 98% 106 93% 99 99 103 112 100 77 80 95 97 50 102 94% 100% 99% 107 55 103 95% 101 99% ____ 66 94% 100% 101 101 101 68 96 ____ ____ ____ ____ 50 90 87% 92 %\ 90% ____ 93 108 93%. 96%) 96% 99% 95 82 ____ 93% ____ ____ 99% .... 87 86 ____ 97 94 98 95 96% 98 113% 100% 114 100% 102 % 86% 99% 99% 99% 90 97 91% 79 94% 99% 98% — 87% / 80% 100% 91 98 93% 79% 95% 100% 99% ____ ____ / / — — 100% 88 — — - 100% 91% — ____ 69 27% 28 29 ____ N ew Y ork Railways—■ 58 M 1st R E & ref 4s '42 op '16-J&J / 49% 49% Guar Trust ctfs o f deposit--- / 49% 4% A d j inc g 5s Jan 1942----- A&O / 4% 4% Bankers Trust ctfs o f depos. / 4% 49 4S Bleeck St & F F 1st 4s '50-J&J 70% 71% B w ay & 7th A v Cons 5s’43 J&D 72 70 C t f dep stpd Dec '23 in t----72% 77 B w ay Surf R R 1st 5s '2 4 .-J&J ____ Cen Crosstown 1st 6s '22.M & N / 72 14 9 Col & 9th A v e 1st 5s '93-M & S / ____ Eighth A v e c tf ind 6s '1 9-F & A / 70 ____ L ex A v e & P F y 1st 5s g '93 M & S / 41% Second A v e con 5s g ’48 g u .F & A / % X Trust Co certifs o f deposit __ / 0 % % ____ Receiver's certificates 1914. _ J 3 1 ____ South Ferry 1st 5s 1919.-A& O / 90 Th ird A ve— See under “ T . ” 60 63 34th St Crosst 1st 5s '9 6 --A& O 61 59% 23d Street R y 5s 1962----- J&J N Y & Richmond Gas Co— 99% 1st ref M 6s 1951 series A M&1S ____ 1st ref 6s 1952___________ M&T> 99 100 N Y State G & E Corp 5's ’6 2 .A & 0 102 100 1st 6s 1953________________ J&. N e v Y ork State Railw ays— 65% 65% 1st con g 4% s '62 op '13.M & H 88 90 1st con 6% s 1962________M & f 100% 100% N Y Steam 6s 1947_________ M&1S N Y & Suburban Gas— See Westc hester L igh t'g 97% 97% N Y T e l 1st 4 % s’39 tax e x .M & f 109% 110 Deb 6s Feb 1949 - _____ F&A 107% 107% R e f M 6s Oct 1941. -A&C N Y Westch & Bos R y — See Stea m RRs 101 101% Niagara Falls Pow er 5s 1932.J&J R e f & gen 6s Jan 1932. .A&O 105% 106 1st & cons 6s ser A A '5 0-M & N 106% 43 Niagara Lockport & Ont Power— 109% no 1st 5s 1954. - - - -- M & l 109% R e f s f 6s 1958 series A ___F&A 98 98% 1st & ref 5s 1955 series A . _A&C N o r f & A tl Term — See Va R y & I s Sale price. PUBLIC UTILITY BONDS May, 1925.] 39 NOTICE.—All bond prices are “ and interest” except where marked “ f ” and income and defaulted bonds. B onds. Bid. Ask. N o r f & Ports T r — See Va R y & P N o r f R y & L t 1st 5s 1949--M & N 94 96 N orfolk St 1st g 5s 1944___J&J 98 98% N orth American Edison Co— S f g 6s M a r 15 ’ 52 ser A-M&S15 101 101% S f g 6%s 1948 ser B_ M&S 103% 104% N orth Carolina Elec Power— 1st s f g 5s Oct ’40 op ’ 16--A & O 93 N orth Carolina Pub Serv Co— 1st & ref 5s 1934 o p t ___A&O 91% 92% 1st & ref 6% s 1944 ___.F & A 96% 100 Salisb & Spencer 5s '45___M & N 81 83 N orth Hud Co R y — See P S Corp N orth Hudson L t, H & P Co (Hoboken, N J) 5s 1938--A& 0 98 N orth Jer St R y — See P S Corp N orth Shore Electric Co— 1 1st & ref g 5s '40 op ’20___A&O 98 99 N orth Shore Gas Co o f Illinois— 1st gold 5s 1937 o p t______ F & A N o Texas Gas 6s 192 >-32___A&O 97 N orth C alif Pow 5s 1932___J&D n 100 R & cons s f 5s '48 op ’ 15--J&D 99% 100 N orth Ind Gas & E l 6s '5 2 .-M & N 99% 100% 1st re f 5s 1929 _______ - A&O 98% 99% Northern N Y U tilities, Inc— 1st M & ref 5s 1963 _____ J&J 97 99 1st lien & ref 7s 1946 A ..M & N 110 114 1st lien & r e f 6s 1947 B ..M & N 102 103% 1st 1 & re f 6s 1943 C .. .M & N 101% 103 1st 1 & r e f 5%s ser D '4 9 .-J&D 9 '% 100 W atertow n L & P 5s 1959-J&J 98 100 Northern Ohio Power— 10-yr 7s 1935 when if & as iss .. 85 87 Northern Ohio Trac & Light— 1st consol gold 5s 1933____ J&J 94 95% 1st consol gold 4s 1933----- J&J 87 89 1st lien & ref 5s 1956_____ F & A 80% Secured 6s 1926- _____ J& D 98% 99% Gen & ref 6s 1947 ser A -.M & S 95% 95 % N orth Ont L & P 6s Apr ’31-J&J 93 98% Northern States Power Co— 1st & ref 5s 1941_________ A&O 96%, 96% 1st & re f 6s 1941 ser B .A & O 103% 104% C onv 6% s 1933___ ____ M & N 106 106% 6 % % gold notes 1933— M & N 101% 101% 1st lien 6s 1948 ser A ____ M & N 102% 103% N or States Pow o f W is— See Wis- M in n L & P Northern Texas Electric Co— C oll tr s f g 5s 1940 o p t--- J&J 80 84 N orthern Texas Traction Co— 1st g 5s 1933 opt 1913____ J&J 96 95 N or Westch L tg 5s 1955____ J&D Northwestern Electric Co— 1st gold 6s 1935 ___ .M & N 102 103% Northwestern Elevated (C h ic)— 1st m tge 5s 1941 o p t . . ..M & S 80 78 Union E l (Loop)5s g '45. A& O 77% Northwest Gas L & Coke (Chic) Cons g 5s Dec 1 1928-- -Q -M Cicero Gas gen & re f 5s ’3 2 .J&J 100 99 N orth w Teleg— See W U Teleg N orw ich (C t)G a s & E g 5s’27-J&J 100 N o va Scotia T r & Pow 5s 1946 -85 84 Ogden Gas 5s 1945 ____ .M & N 97 95% Ohio & N o r Gas 7s 1925. - -M & N 101% 101 Ohio Pow 1st 7s 1951 ser A . .J&J 107% 106% 1st & ref 5s 1952 ser B ___J&J 93% 94 1st & ref 6s 1953_________ M & S 102% D eb g 6s 2024 _____ __ J&D 92% Ohio Public Service Co— 1st M & ref 7 %s ’46 ser A . A & O 110% 111% 1st & ref 7s '47 ser B ____ F & A 108% 108% 1st & ref 5s '54 ser D ___M & S 90% 89% Ohio River Edison Co— 101% 1st m s f 6s 1948. J&J 101% Ohio Service 1st 6s 1937___M & N 100 101% Ohio State Telephone— Cons & ref s f 4s-5s 1944 J&J 100% 99% 100 98 Oklahoma Gas & Electric— 1st & ref 7 %s 1941 -- - F & A 107% 95 1st M 5s 1950--. _______ M&S 94% 98% Debenture gold 6s 1940 - M&S 98% 55 Oklahoma R y 1st & ref 5s ’41 - J&J 50 1st consol g 5s 1928- - -- J&J Omaha & Coun Bluffs R y & Br 1st cons g 5s Jan 1 1928 J&J Ontario Pow 5s '43 op to '13 F & A Ontario Transmission Co L td — 1st gu g 5 s ’45 op b e f '16- M & N Orange & Pas Val R y — See P S Corp Oregon Elec R y 5s ’33 o p t.-M & N Ottawa Elec 1st g 5s 1933- -J& D Pacific Coast Pow 5s 1940 M&S Pacific Elec R y g 5s 1 9 4 2 . J&J 1st ref g 4s 1950 opt '15- -J&J L A-Pac R R con "5s ’31 A&O L A Pa R R Cal 5s ’ 43 _M&S Los Ang & Pas 5s g 1928 -J&J Pasadena & M t L 4s '5 0 --J& D 1st & ref 7s 1940 series A .J&D 1st & re f M 6s 1941 ser B J&D 1st & ref 5%s 1952 ser C J&D Pacific Gas & "Elec (A rizona)— 82 90% 99% 83% 92 100 99% 65 67 98% 90% 99% 79% 94% 84% 96% 88 96% 109% 104 100% 80% 97% 90 97 104% 100% __ Pacific Gas Im p 4s Sept ’30 Q-M 1st & ref s f g 5s 1951 o p . M&S Pac L & P Co 1st 5s ’4 2 -.-J & J 99% 100 100 101 Secured g 6s 1940 ___- F & A P a cific Pow & L 1st 5s ’30 -F & A 101% 99 105 101% 99% 107 100% 96% 93 100% 96% 95 R e f M 5s 1952 series A ___M&N Parr Shoals Pow 5s 19 5 2 ..-A&C b Basis. 99% 92 93 Ask. 99% 94 104 104 99% 103 96 101 105 103 93 101 100% 103% 104 94 95% 102 97 98 . 99 100 93 ____ 97 97% 101 97 97% 98 102 98 106% 96 104 96 100 100% 101% 85 107 96% 105 96% 101 101 ____ ____ 108% 96% 108% 99% 90% 95% 109 96% 100 34 ____ 9 1% 96% 87 ____ 93 64 75 38 — ____ ____ 66 85 ____ 103 95 94% 104% 96% 75 54 80 85 105% 104% 81 70 73 73 78 78 80 ____ 96 95% 104% 97 80 ____ 85 90 105% 105% 85 75 77 ____ ____ ____ ____ 84 75 77 85 75 70 73 70 83 54 70 80 55 73 101% 84 107 105% 105% 99% 86 80 ____ 90 80 75 77 75 85 ____ 75 185 57 75 101% 86 107% 105% 105% 100 P itts Trac 1st 5s 1927----A& O So Trac 1st & coll tr g 5s '50 A& O 2d A v e T r 1st 5s 1934____ J&D Gold 5s July 1933____ J&J United Trac 5s 1997 ctfs .-J & J West End Tra c con 5s ’38-J&J Phila E lect 1st 5s 1966 - - -A & O 1st M 4s 1966__________ A& O 1st lien & r e f 6s 1941 - ..J & D 1st & re f 5% s 1947______ J&D 1st lien & re f 5% s 1953--M & N First lien & r e f 5s 1960___J&J Phila & Garretsford St R y — 85 83 1st 5s 1955 - - - _______ F & A Philadelphia Rapid Transit— 87 86 ' Coll tr g 5s 1957 opt s f- . F & A 99 93 S f guar 5s ’62 opt '17----- M&S Eq tr 5% s ’25-’33 (s-a )_-F & A 100 E q 5% s ’25-’34 (y r )..J & D 15 65.50 to 4.75% D arby M edia & Ches St R y 84 82% 1st 4% s ’36 opt ’ 16 gu .-J & J M arket Street E lev Pass R y 86 85 1st g gu 4s 1955______ M & N Union Traction— 62% 62 Elec & Peo 4s tr ctfs ’45-A & O People’s Traction Co— 65 67 P P R y tr ctfs 4s ’43 -F & A — W Phila Pass 2d 5s ’26.M&JN 99% Philadelphia Suburban Gas & Elec 100 98 1st M & r e f g 5s ’60 op ’ 15 F & A 103% 103 Gen M 6s 1969____ ...J & D 103/4 102% 1st consol 6s 1943- -J&D — 75 Phila & W Ches T r 4s 1954.-J&J 94 92 Phila & W est R y 5s 1960----- J&J 96 94 Pine B lu ff Co 5s 1942______ J&J 101 99 --J&J 1st 6s 1942. ____ __ Pitts A lleg & M an— See Phila Co Pitts & Birm T r —-See Phila Co Pitts & Charleroi— See Phila Co P M c K & Con— See W Penn Rys Pittsburgh Tra c— See Phila Co Pittsburgh Rys— See Phila Co — — Pontiac Light 1st 5s 1927--J&J 99 100 34 Portland (M e ) E l 5s ’26 opt F& A Portland (Ore) Elec Power Co— 97% 96% 1st 1 & r e f 6s 1947 ser B _ _M&N Portland (Ore) Gas & Coke— 97% 96 1st & r e f g 5s '40 opt ’2 0 .-J&J 106 105 1st general 7s 1940. — J&J 98 Portland Gas 1st 5s 1951-F& A / T h is price includes accrued interest, Bid. B onds. Paterson & Passaic Gas & Electric consol gold 5s 1949— __M&S Pawtucket Gas 4s 1932____ M & N Peekskill L t & R R 5s 1930 A & O Peninsular Telephone Co— First M tg e 6s 1943 _______J&J C onv deb 6% s ’34 ser A A&O Penn Central Light & Power Co— 1st & r e f 5s 1950_________A&O 1st & r e f 6s 1953_________J&D Penn Public Service 5s 1962.F&A 1st & r e f 6s 1929. - - - -J&D 1st & r e f 7% s 1935 ser B -J& J 1st & r e f 6s 1947 ser C . M & N 1st & re f 5s 1954 ser D . .J& D C onv deb 6% s 1938-M&S Pennsylvania Edison Co— 1st M 5s 1946 ser A . A&O 1st M 6s 1946- - . ____M & N Pennsylvania Electric Corp— Deb g 6% s 1954_________A&O D e b s f 6s 1955___________ A&O Pennsylvania L tg 5s 1940— J&J Pennsylvania-Ohio Pow & L t— 1st & r e f 5% s ’54 ser A — J&J D eb g 6s 1939____________ J&J Penn-Ohio Edison 6% s ’27 J&J Young-Sh R y & L 5s '31--J& J Pennsylvania P ower & Light— 1st & r e f 7s ser A 1951 — F& A 1st & r e f 5s 1952 ser B — A & O 1st & re f 6s 1953 ser C .. - M & S 1st & re f 5s ser D 1953— M & S Pennsylvania U til 6% notes 1926 Penn W ater & Power s f 5s '40J&J 1st ref 5% s 1953 ser A . . . A & O Pensacola E l Co 1st 5s '3 1 --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 ’3 6 --J&D Ind N a t G&O g 5s ’36 gu .M & N , M utual Fuel Gas g 5s '47 M & N People’s Traction— See Phila R T Peoria Bloom & Champ Tra c— 1st gold guar 5s 1936----- M & N Peoria R y 5s 1926__________ F& A Peoria W W Co pr 1 5s '4 8 --M & N 1st con 4s 1948. - M&N 1st con 5s 1948- ---- M & N Deb 4s 1 9 5 0 ........... . . . M & N Philadelphia Company— 1st coll trust g 5s 1949— M&S Cons M coll tr g 5s 1951-M & N Stamped--------------------------1st re f & coll tr 6s ’44 ser A F & A Conv deb 5% s 1938_____ M&S A lleg Belle & Per 5s 1935-A&0 Ardm ore Street 5s 1958--A& O Central Trac 1st 5s 1929--J&J Citizens' Tra c 1st 5s ’2 7 .-A & O Duauesne Light 6s 1949--J&J 1st & coll tr 5% s ’49 B .J & J Duauesne Trac 1st 5s ’30 ..J & J Fed St & P V 5s M a y 1 ’42 .J&J F t P itt Tra c 1st 5s 1935.-J&D M illv E t & Sh 5s 1923- - -M & N M onong St R y 5s g 1928-J&D W ilk & E P it 1st g5s ’29-M & S M o rn ’side E l St R y 5s '33 A&O M ount Washington St R y — 1st & coll tr gu 5s 1933-A&O P itts A lleg & M gen 5s '30 A& O Pitts & Bir T r 5s g 1929-M&N B K & A T ra c 6s 1931.-M & S Brownsv A v e 5s 1926--F & A W Liberty 1st g 5s '3 0 .-J&J Pitts & Charleroi 5s ’3 2 .-M & N k Last sale. I In London, n Nom inal, B onds. Ask. 67 63 uruiauu xvrv 0 x2 s 81 78 1st 1 & con m 5s 1945— M & N ’ortland R y L t & Power— 90 88% 1st & r e f s f 5s 1942 op --- F & A 97% 96% 1st & r e f 6s 1947 series B .M & N 107 105% 1st 1 & r e f 7% s '46 ser A .M & N 96 94% P o rtl’d R y r e f 5s ’30 o p .-M & N 87 C ity & Sub con 4s ’30--J& D 99% P o rt Gen Elec 1st 5s ’35-.J& J 99 99% 'ortland (M e ) W ater 4s ’27-F& A 'orto Rico Rys, L td — 87% 1st g 5s N o v 1 1936 o p - .M & N 70 Gen & r e f 5s £ 1962______ M & N 99 96 'orto Rico Telep 6s 1944— J&D 100 ’otomac E l Pow 5s ’29 o p .-J & D 99 Cons M g 5s 1936 guar--- J&J 106 Gen lien & ref 6s 1953----- A&O 107% 107 Refunding 7s 1941---------- A&O 92 89 ’ower Secur coll tr 6s '49— J&D 74 71 Incomes June 1949-------- F & A 'rov Secur— See Steam R R ’s— 'ublic Service Co o f Colorado— 100% 101% Conv s f deb 7s 1933-------A& O 99% 98% 1st & re f 6s 1953 series A . _M &S 93% 92% 1st & r e f 5%s '54 series B -M & S “ ublic Service Co o f N o r 1 1 1— 94% 94 1st & re f g 5s 1956 op ’2 1 --A & 0 101 100 1st r e f 5% s 1926__________ J&D 'ublic Service Co o f Oklahoma— 101 99% 1st M 6s series B 1949— M & S 'ublic Service Corp o f N J— 99% 98% Trust certs 6% perpet— M & N 105 104% Gen g 5s Oct 1 1959 op — A& O 103 Certificates o f deposit-------- 101 97% 97% Secured 6s 1944---------------F & A 20 15 Camden Sub 1st 5s 1946--J&J 78 76 Cons Trac 1st 5s 1933— J& D E liz P la in f & Cent Jersey R y — 68 1st g 5s D ec 1 1950----- J&D 75 Elizabeth & Trent 5s ’6 2 -A & 0 60 58 J C H ob & P a t 4s 1949--M & N 88^ 86 N ew ark Pass con 5s ’30— J&J 96% 96 N ew ark Term R y 5s ’5 5 -.J & D 92 N Hud Co R y cons 5s '28- - J&J 100 2d 5s ext at 6% to ’26-M & N 83 81 N o r Jer St R y 4s 1948--M & N 68 Or & Pass Val 1st 5s ’38--J& D 90 Paterson R y — Con 6sg’31-J&D 60 2d 6s ’ 14 ext 5% to '44-A& O 70 Riverside Trac 5s 1960--J&D So Jersey Gas E l & Trac— 98 97 Guar g 5s M a r 1 1953--M&S Public Service Elec Pow Co— 105 104% I s t M s f 6s 1948__________ A&O lblic Service Elec & Gas Co— 101% 102 % 1st & ref 5% s 1959-------T-A & 0 100 % 101 1st & re f 513s 1964----------A& O Public Utilities Evansville— 101 100 1st & r e f 6s 1929--........ --J& J Puget Sound Power Co— 99 1st g gu 5s 1933 o p t- .- - - J & D Puget Sound Power & Light— 99 98 1st & r e f 5% s 1949-------- J& D Puget Sound Electric R y — ■ 89 1st consol g 5s '32 o p .-F & A 97% Tacom a R y & P 5s '2 9-A & 0 Quebec Pow er Co— . „ _ 101% 100 % 1st M s f 6s 1953 ser A -A & O Quebec R y L t H & Pow — 92 ’ 91% Cons g 5s 1939 op t----J&D 97 % 96% Queens Bor Gas & E l 5s 52-J&J 104% R e f 6s 1953---------------M & S 103% Quincy (111) Gas Elec & H eat—92 90 1st cons g 5s 1935 ° P ’ l^ -M & S 99 97 Quincy G & E 5s 1929— M & S 90 88 Quincy (111) R y 5s 1932---F & A 97 95 Racine (W is) W a ter 5s ’31-M & N 93 Railw ay & L igh t Sec 5s v a r ------Rap T r St R y — See Pub Ser Corp 101 99 Reading Trac 6s 1933---------- J&J 100 90 Read & Worn— 1st 5s g ’ 25-J&J Red W ing G L & P — See W is-M in n L & P Rhinelander L igh t & Pow er Co— 100 1st g 6s 1936------------- -— J&J Rhode Island Sub 4s 1950--J&J Richmond (S I ) L t & R R — 79 77 1st coll tr g 4s 1952----------J&J Rio de Janeiro Tram L t & P — 88 87 1st g 5s 1935------------------J&J Riverside Trac— See Pub Ser Corp 99% 99% Roanoke G L 5s 1927-------- A&O 99 96 Roanoke R y & E l 5s 1953--F & A 90 88% Roanoke T r & L t 5s 1958--F&A 97% 96% Roanoke W W 1st 6s 1936--J&J 86% 85% Gen g 6s 1934---------------- M & S Rochester Gas & Elec Corp— 110% 110 Gen M 7s 1946 series B ..M & S 104% 101% Gen M 5% s 1948 series C .M & S 100% 100 Roch R y & L t 5s '54 op t----- J&J T a x exem pt-------------- ■ — - - - 9 8 '' 9 6 '" Roch R y cons 5s g 1930— A&O 88 91 2d 5s g 1933___________ J&D Rochester & Syracuse R R — 57 55 1st M conv 5s 1957------ M & N 98% 100 Roch Telep gen 5s 1933— A&O 105 105% 1st & ref 6s 1946------------- A&O Rockford (111) Electric Co— 99 1st & re f s f 5s ’39 op ’ 14.M&S 75 80 Rome (G a) R y & L 5s '4 6 --A & 0 Rom e (N Y ) Gas, E lec L t & P —97 99 1st 5s 1931_______________ J&D 95 98 1st ref 5s 1946------- ■ - - - - - - - 90 85 Rumford Falls Pow 4s 1945-A & O 94 97 Gen M 4% s D ec 1929-- -J&D 82 85 Rutland R y L t & P 1st 5s’46_M&S Sacramento Elec Gas & R y — 100% Cons 5s N o v 1 1927------- M & N St Charles St R R — See N Orl R y & L t St Clair County (111) Gas & E l— 93 94 1st cons guar 5s 1959----- M&S St Joseph Gas— 1st 5s 1937--J&J St Joseph R y , L t H eat & Power— 91 91% 1st g 5s N o v 1 1937-------M & N St Louis R R — See Un R ys (St L ) St Louis Springf & Peoria R R — 1st & ref gu g 5s ’39 op t.-J & D St Louis & Springf 5s '33-J&D St L & Sub R y — See Un R ys(S t L ) St L Tran— See Un R ys (St L ) St M aurice Power L td — 105% 107 1st M 6% s 19 5 3 ---........ -F & A r Canadian price, s Sale price- 40 PUBLIC UTILITY BONDS [V o l . 120. N O T IC E .— A ll b o n d prices are “ and in t e r e s t ” ex cep t w h ere m ark ed “ £” an d incom e a n d d e fa u lte d bonds. Bid. B onds. Ask. St Paul C ity R y - -See Tw in C ity R T St Paul Gas Light Gen gold 5s 1944_________ M&S 99 100 Gen & ref 5 Ms 1954 ser B .J & D 99 M 100 M Gen & r e f 6s 1952_________ J&J 103M 104M Salisbury & Spencer— See N o Car o Pub S erv Salmon R iv Pow gu 5s ’52 op F & A 100 M 101M Salt Lake Term 6s 1935____ J&D 93 M Salt R iver Y a l W ater Users Assn 100 6s 1938____________________ P & A 102 H San Antonio G & E 5s 1949-M&S 97 M San Antonio Public Service— 1st r e f 6s 1952 series A ___J&J 101M San Antonio W ater Supply— 1st & re f s f 5s ’33 op ’ 13-F& A 103 San Diego Consol Gas & Elec— 1st g 5s 1939 opt 1914___ M&S 99 M 100 102 M 1st & re f 6s 1939 ser A __M & S 91 1st & re f 5s 1947 ser B ..M & S 94 1st & r e f 6s 1947 ser C -.-M & S 102 M Sand Frem & So R y — See Lake Sh E l R y San Fran G & E 4M s 1933--M & N 97 96 H N o t callable____________________ 96 96M San Joaquin L t & Power Corp—■ 102 1st & re f g 6s ’50 ser A .- F & A Series B _____________________ 10 1M Series C _____________________ 103 103 M U n if & re f 7s 1951_______ M&S 10 U n if & r e f 6s 1952 ser B -.M & S 10 0 M 1 0 1 M U n if & re f 6s M a y 1 ’54 E .M & S 100 101 San Joaquin Light & Power—1st 5s 1945 opt a ft ’ 10--J& D 99 99 H Santiago (Cuba) Elec L t & T r— 1st g 6s 1959 opt 1919----- J&J 95 M 97M Sao Paulo Tram , L t & P r, L td —1st g 5s June 1 1929-------J& D r 92 M 93 Savannah Elec & Power Co— 106 1st & ref 7 Ms 1942 ser A -A & O 91 Savannah Elec Co 5s g ’52-J&J 94 Saxon Public Works, Inc—• 92 1st M sink fund 7s 1945--F & A 92 H 93 94 Sayre (.Pa) Elec 5s 1947____ A&O Schenectady Railw ay Co— 63 — 1st M 5s 1946 opt 1919___M&S Schuylk Trac— 1st 5s 1943--A&O io o " Scranton Elec 5s ’37 opt ’ 12-J&J 161" 8% gold bonds Jan ’3 1 --A & 0 80" Scranton R y — 1st 5s N o v ’32-J&J 82" 81 1st & r e f 5s 1947_________F & A 82 93 Scran Trac 1st 6s g ’3 2 --M & N — Scran & Wilkes-Barre T r Corp— 92 95 C oll trust 6s 1934________ A&O 75 77 1st & ref 5s 1951_________ F& A 100 Seattle Elec 1st g 5s ’30 opt .F & A Con & refg s f 5s 1929____ F & A 99 M io 5m Seattle-Everett Traction— _ 91 97 87 M R e f g 5s 1949 opt 1914___A&O 100 Second A ve— See N Y Rys_ Second A v e Trac— See Phila Seneca Pow Corp 6s 1946--M&S Shawinigan W ater & Power- 101 103 1 19 ,6 Sheboygan Elec— See East W is El ec Co 1st r e f 5Ms Jan 1 1950___J&D Shrevep R ys— 1st 5s ’25-’44-J<5 Sierra & San Francisco Power— 94 89 M 101 10 1M 103 M 106 M 91 % 84 76M 92 87 80 88 M Bid. 65 U nstam ped' 102 94M 103 M 100 M 10 . M 1st & re f 6s 1958 series C ._ J&] 1st & r e f 7s 1951. series A -_M & Southern C a lif Telephone— 1st M 5s 1947_________________ Southern Canada P r Co L td — 97 r 102 M Southern Colorado Power Co— 98 — 98 103 100 M 102 M 103 88 9n H 96M 94 M 99 j 1 92 M 90M 96 i io o " o 4Ms Jan 1 1933______ Income 6s Jan 1 1948- 99 M 96M Union R y — See Third A ve R Union R y Gas & Elec Co (111)96 93 % 92M 98 99 97 H ______ ______ — 103 M 103 100 ____ 96 98 100 M 88 M J9M 90 100 M — 96 M 90 M 91 90 % 87 M Louis f — 102 Union E l L t & Pow Co o f St 89 102 ______ 97 99 M T y ro l Hydro-Elec Pow Co— 1st M s f 7Ms 1955___________ Ujigawa Elec Power (Japan)— 100 — i Cable con 5s 1937____ J& Minn St & St Paul C ity — Cons guar g 5s 1928___A Tw in C ity Telep 5s ’25-’26--. Tw in States Gas & Electric— 103 M 101 Southwest Power Co— 1st M 6M s 1944 series A -M & ] Southwestern Power & Ligh t— 102 M 98 99M Southwestern Bell Telep— 98 102 102 95 96 98 M — 107 M 97 Southern Wisconsin Elec Co— 94 M 98 H Y Ry Tw in C ity Rapid Transit Co— 10 1M Southern Sierras Power— 1st s f gu 6s Sept ’36 op ’ 18-J& Southern Trac— See Phila Co— 99 102 98 97 Southern Indiana Gas & Elec- 98 90 92 M 104 102M 95 H 104 M 23d Street R y — See N 95 M 1st g 5Ms M a y 1936____ M&3 Southern Illinois L t & Power— 100M 50 80 / 70 100 M South C o v & Cin St R y — See Cin N ew & C ov R y South F erry— See N Y R ys— South Jer G E & T — See Pub Serv Corp South Pittsburgh W ater Co— 90 1st lien & ref 5s 1960 ser A.J&J 91 T ri-C ity R y & Light— Southern Bell Telep & Teleg— 1st & r e f g 5s 1930 o p t... 100 % 101 Tri-State Telep & Teleg— Southern California Edison— T ro y C ity R y — See Un T r (A lb ) 99 M 100 103 Ask. __ — - 87 M 85 2d M 6s 1949 series A _____ J&J 2d M 5s 1949 series B ____ J Somerset Un & Middlesex LtgM tg e g 4s Dec 1 1943____ J&D So Bend & Mishawaka Gas— B onds. Springfield (O ) L t, H t & Power— 101 1st s f g 5s 1929_________ F & A 100 General & r e f 5s 1933____ A&O 99 H 99M Springfield & N E T r — — 1st 5s 1936______________ J&D 84 M Springfield (M o ) R y & L t Co— 1st s f g 5s 1926 op t_____ M & N 99 % 100 M A Springfield (O) R y 1st 5s ’35 M & S 1st M 5s 1925-1935____ M & S Standard Gas & Elec o f Delaware 114 117 C onv deb 6 Ms 1933_____ M&S 6% g notes 1935_________ A& O 97M 99 M 121 120 C onv g deb 6 Ms 1954____ J&J Staten Island Edison Corp—105 107 R e f & im pt 6 Ms ’ 53 ser A .J & J Steinway R y — See N Y & Queens Co R y Suburban Gas Co o f Philadelphia — 100 1st s f g 5s A pr 1 ’52 op ’07 A&O Superior W ater, Light & Power— 93 1st 4s M a y 1931_________ M & N ______ 94 R e f 5s 1929______________ M & S Syracuse Gas g 5s 1946_____ J&J 98 M 100 Syracuse Lake Shore & N orth— — 1st M g 5s ’47 opt T 7 ___M & N Syracuse Lighting 5s g 1951-J&D S9M Syrac Rap T r 1st g 5s 1946-M&S 86 M 87 M 88 2d m tge g 5s 1930_________ J&J Tacoma R y & P — See Puget Soun d Elec Tacoma W a t Sup 1st 5s ’25-J&J Tam pa Electric Co— 99 1st M g 5s 1933 s f op ___J&D 90 88 Tampa Gas 5s 1937 op t___M & N Tennessee Electric Power— 100M 101 1st & ref 6s 1947 ser A ___J&D 93 M Tenn Pow gu 5s 1962 o p t.-M & N 92 M Tenn W ater 1st 5s 1946___M & S Terre Haute Indianap & East— 61 58 1st & r e f s f g 5s ’45 o p t.-A & O Terre Haute Trac & Light— 86 1st con M g 5s 1944_____ M & N — 99 Terre Haute E l 5s 1929___J&J Terre Haute W W Corp— 1st M 6s 1949 ser A ______ J&D m u 97" Texarkana G & E 5s 1930___J&J 89 85 Tex Elec R y deb 6s 1942____J&J 83 80 1st & r e f 5s 1947__________ J&J T e x Tra c 1st 5s ’37 op t___J&J 98 99M Texas Pow & L t 1st 5s ’3 7 --J& D 93 H P2M Deb g 6s 2022 ser A ______ J&J 100 98 Texas Public Service 6s ’3 3 --J&J Third Avenue R y (N ew Y ork) 53 M 1st r e f g 4s 1960 opt a ft ’ 14 J&J 52 M 38M A d j inc g 5s Jan 1960 o p t. A&O f 38 95 M 93 % Third A v e RR 1st 5s g ’37.J&J D ry Dock E B w ay & B attery 81 78 1st 5s gold 1932________J&D — 10 N e w r e f M ser C income___ 42d St M & St N 1st 6s 1920 ext 79 at 5% to 1940_________ M&S _ ___ 57 Sou Boulevard g 5s 1945--J&J 85 Union R y 1st 5s g 1942--F & A 70 66 Westchester E l 1st 5s g ’43 J&J 72 67 Yonkers R y 1st 5s 1946--A& O lirty-fourth St Crosstown— Se N Y R y s Toho Electric Power (Japan)— 90 M 1st s f 7s 1955 ser A ___M&S1 SOM Toledo Bowl Green & Souther— 1st M 6s 1941___________ M & N 109M 109M Toledo Edison 1st 7s 1941--M&S 97 M 97 1st M 5s 1947___________ M&S Sh El R y ,. Tol Frem & N o r St R y — See 99 M T o l G E & H con 1st g 5s ’35 A& O 98 M Coll tr g 5s 1939 conv op._J& Union Trac Co o f Indiana— 102M 100M 99 Vi 100M 100M 100 101H 99 100 22 20 10 30 25 25 98 M 86 Ask. __ 102 " 1941_______________________J& D Urbana & Cham R y G & E — 5s 1929____________________ Utah L igh t & Traction— 1st & r e f 5s 1944 series A . A& O Utah P & L 1st 5s 1944____ F & A D eb 6s M a y 1 2022_____ M & N 1st 1 & gen M 6s 1944____ F & A Utica E l & P 1st 5s 1950- - -J&J Utica G & E l ref & ext 5s ’ 57-J&J Gen 5 Ms 1949_________ J&D15 Utica & M ohaw k V alley R y — 1st g 4 Ms 1941______ M&S Utica B elt L 1st g 5s ’3 9 --M & N V alley Counties Pow 5s ’30-M & N Vermont H ydro-E lec Corp— 1st M 6s 1929_____________ A& O Verm ont Pow & L tg 5s ’2 7 --M&S Vicksburg L & T r 1st 5s ’3 2 --J&J 1st M 7s 1932......... -J&J Debenture 6s 1930________ M&S Virginian Pow 1st 5s 1942--J&D Virginia R y & Power— 1st & ref g 5s 1934_______ J&J N o r f & A tl Term 5s ’ 2 9 --M&S N o r f & Ports T r 5s ’36___J&D Wash Alexandria & M t Vernon— 1st g 5s 1955 o p t_________ M&S C ertificates______________ Washington B alt & Ann E l— 1st M 5s M a r 1941 o p ___M&S W ash’n (D C ) G L 5s 1960--M & N 6s M 1933 series A _______ A&O Wash R y & E l g 4s 1951____ J&D Gen & ref 6s 1933_______M & N Anacost & P o t 5s 1949___A&O Guaranteed__________________ C ity & Sub 5s g 1948____ F & A Washington W ater Power Co— Consol & coll tr g 5s 1929--J&J 1st ref 5s 1939 o p _________J&J W aterloo Ced Falls & N o R y — 1st M s f g 5s 1940 op ’ 15--J&J / Certificates o f deposit______ / W a tert’n L & P — See N o N Y U til Westchester Elec— See 3d A v R y Westchester L t 1st g 5s ’ 5 0 --J&D N Y Sub Gas— 1st g 5s ’49-M&S W est Chester (P a ) St R y — 1st g 5s Aug 7 1932______ F & A W est End St R y — See Boston E l W est L iberty St R y — See Phila Co W est Penn Co deb 6s '2 5-J & D 15 W est Penn Power— 1st M 5s ’46 op ’21 ser A .M & S 1st M 5s 1963 series E ____ M&S 1st M 5s 1953 series F ___A & O 1st M 6s 1958 series C ____J& D 1st M 7s 1946 series D ____M&S W est Penn Railw ays Co— 1st g 5s Jan 1 1931______ A&O Deb g 6M s 1927_________A&O Pitts M cK ees & Connells R R 1st cons 5s Jan 1 ’31____ J&J W est Penn T r 1st 5s I9 6 0 .-J& D W Phila Pass R y — See Ph ila R T 105 H 106 X 90" 93 M 98 9 l" 95 100 86 H 94 M 91 87 102 99 % 99 M 100M 76 85 99 M 97 92 99 90 97 98 M 94M 15 10 95 92 103M 16 0 " 101M 78 95 100 95 93" 94 97M 95" 25" 58 99 103 79 101M 90 90 84 103 M 80 102 86 100 100M 7 7 10 10 100 M 75 97 H 97 M 103M 105M 106M 96 100 X 77 98M 98 106 107 M 98 101M 99 86 H 99 100 97 H a Purchaser also pays accrued dividend. 6 Basis, d Price per share, not per cent. / Tnis price includes accrued interest, Per cent o f par value, r Canadian price, s Sale price. * Ex-dividend, y Ex-rights, t W ithout par value. Bid. B on d s. United Elec R ys (Providence)— 62 68 Prior lien M 4s Jan 1946 ser B_ 61 57 Gen r e f M 5s Jan 1951 ser A ___ 51 47 Gen re f M 4s Jan. 1951 ser B _ . United Electric Securities Co— C oll tr g 5s 1933 to 1955--F& A 65.45% 5.25% 100 M 100 United Fuel Gas 6s 1936____ J&J 7M s Aug 15 1931_____ F&A15 97M United G & E Corp 6s ’4 5 --A& O 96M United Gas & Ei (S F ) 5s ’32-J&J 100 M J 100 M United Ilium Co N ew H aven— 1st 4s Feb 1 1940_________ F & A 93 M 91M United L igh t & Power Co— 95 94 D eb g 6 M s 1974__________ M & N 99 98 M 5 M % g notes 1928_______M & S 96 United L t & R ys 1st 5s ’32 --J & D 96 M Conv deb 6s 1926________ M & N 100 M 101 M 1st 1 & cons M 6s ’52 ser A . A& O 98M 99M United Power & Tran— 40 Del Co & Phi tr ctfs 4s ’49-J&J 68 67 X United R ys tr ctfs 4s ’4 9 --J&J 90 85 United Pub U til 6s 1943____ J&J Unit Rys & Elec (B altim ore)— 69 M 68 M 1st consol g 4s 1949_____ M&S 93 X 1st con M 6s 1949________ M&S 49 h Income g 4s 1949 op ’2 9 --J&D 70 69 In c funding g 5s 1936____ J& D 98M 6% gold notes 1927_______F & A B alt Sparrows P t & Ches— 86 1st g gu 4M s 1953----- F & A 100 99 B alt T r Co 1st M 5s ’2 9 -M & N 99 M 100 N o B alt D iv 1st 5s ’4 2 --J& D _____ 99 Cent R y con M g 5s 1932-M&N 99 E x t & imp 5s 1932____ M&S — 99 Lake Ro E l 1st 5s ’42-M & S United Railw ays o f Havana— 110 109 Eq 7 Ms Feb 15 ’36____ F & A 15 U nit Rys (P h ila )— See U nit P & T United Rys o f St Louis— 100M 101 6% receivers ctfs 1926___A & O 70 69M Gen g 4s July 1 1934_____ J&J 80 Gen g 5s A pr 1 1923 g u .-A & O / 78 — J 70 M St Louis Trans Co 5s ’2 4 .-A & O ’ United Rys Investm ent Co— 100 99 K 1st lien coll tr s f g 5s ’26- -M & N 99 H 99 M Stam ped_______________ United Traction (A lb a n y)— 48 45 Con g 4 Ms 2004________ J& D _____ 74 A lbany R y con M 5s g ’ 30-J&J 58 55 Gen g 5s 1947_________ J&D — T ro y C ity R y 5s g 1942..A&I 54 U nit T r (P itts b )— See Phila Co k Last sale, n Nom inal. May, 1925.] 41 PUBLIC UTILITY BONDS AND STOCKS N O T IC E .— A ll b o n d prices are “ a n d in t e r e s t" e x cep t w h ere m arked " f " a n d in com e and d e fa u lte d bonds. B onds an d Stocks. Bid. W est Va L H & P 6s ’2 9 ---J & D 97 W est Va Utilities 6s 1935.-J&J 95*3 W esterly L & P 5s 1937____ J&D Western N Y U tilities 5s ’46 J&D 94 % Western Power Corp— Deb s f 6*3s 1954________J&D 97 *3 Western States Gas & Electric— 1st & r e f 5s 1941 op t_____ J&D 96 1st & unif 6s ’47 ser A ___M&S 6% gold notes 1937____ A&O Western T & T coll tr g 5s ’32 J&J Western United Corp— 98 Coll trust 6% notes 1940--J&J Western United Gas & E l Co— Gen M 5s 1950___________ F & A 96*3 100 Gen M 6s 1950__________ F & A W est Un T eleg coll tr 5s '38- _J&J 101 % Fdg & R E M 4 H s g '50-M & N 9453 6*3s Aug 1 1936_________ F & A 111 M u t Un 6s ext at 5 % to ’41 M & N 9953 95% N orth w ’n g u g 4 ^ s 1934.-J&J 92 Whatcom Co R y & L t 5s ’35 M & N Wheeling (W Va) Elec Co— 97% 1st M 5s 1941 o p t________M & N Wheeling Public Service Co— 82% Cons 1st 6s Oct 1952__________ Wheeling Trac 5s g 1931____ J&J W ichita R R & L t r e f 5s ’32 A& O 97% Wilkes-Barre G&E 5s ’55 opt J&J Wilkes-Barre & Hazleton R R — 44 1st coll tr g 5s 1951___M&N15 W ilk & E Pitts St R y— See PhilCo W ’msport Gas— 1st g 5s ’39 F& A Wilm ington & Chester Traction— 94 C oll tr 6s ext 1933________A&O Wilm ington (D el) Gas Co— 91 1st & r e f s f 5s 1949______ M & S 1st & r e f 6s 1949_________ M & S 100*3 1st & r e f 7s 1949__________ M & S 103 Wilm ington (D el) Light & P Co— 1st M 5s 1960_____________A&O 92 Winnipeg El— 1st ref 5s ’35 .J&J Gen M 6s 1943__________ M&S Wisconsin Elec Power Co— 1st M 5s 1954 ser A _____ F & A 97 Wisconsin Gas & Electric— 1st g 5s 1952 opt 1919---J& D 98*3 Wisconsin-Minn Light & Pow —94 1st & re f 5s 1944 op ’ 19 --M & N Gen & re f 7s 1947_________ J&J 103 Red W ing G L & P 5s 1926____ 99% Wisconsin Power & Light Co— ■ 1st & r e f 5s 1946_________ J&D 88 1st 1 & d 6s 1944 ser C --M & N 98% Wisconsin Public Service Corp— 100% 1st 1 & r e f 6s 1952 ser A . . . A & O 1st & r e f 5s 1942__________ J&J 95% Wisconsin R y Light & Power— 92% 1st & r e f 5s 1933_________F & A 89% Wiscon R iv P r 1st 5s '41- .M & N Wisconsin Securities Co— 101 6% notes 1929___________ M&S Wisconsin Trac L & H Pow — 96 1st M 5s 1931_____________J&J 7*3s 1931________________ 105% Wisconsin Valley Elec— 95% 1st & r e f 5s 1942-.......... .M & N 1st m tge 5*3s 1942_______M & N 100*3 Worcester & Conn Eastern R y — 76 1st s f g 4*3s 1943________J&J 95 W ore Con St R y 7s 1930--.M &S 1st & r e f g 4*3s 1930_____ F & A 70 90 D eb g 5s 1927__________ M & N W ore & Clint 7s 1930____ J&J 70 Worcester Gas Light Co— 1st M 5*3s 1939 ser A ____ J&J 105 1st M 6s 1939_____________J&J 105 W ore & So St R y 7s 1928--M & S 85 Yadkin R iver Pow 1st 5s ’41 A&O 9S% Yarm outh L t & Power, L td — 1st M 5s 1937___________ A& O 83 1st refunding 8s 1951____ M & N 97*3 Yonkers R y — See Third A v e R y Y ork Haven W a ter & Power— 1st 5s June 1 1951________ J&D 98 % Cons M 5s M a y 1 1957. .M & N 90 Y o rk R ys 1st M g 5s ’37 o p . J& D 93*3 Youghiogheny H ydro-E l Corp— 1st M 6s 1949___________ A&O 100 Youngstown & Ohio R iver— 1st M g 5s 1935 opt '1 5 --A&O & L‘ Youngs-Shar R y & L— See Pa-O Youngs-Shar R y & L — See M a h & R y & L Zanesv R y L & P — See Col N e w & anesv P U B L IC U T I L I T Y S T O C K S . ... . Par Adirondack Power & L i g h t . . .100 7% preferred_______________ 100 8% preferred_______________ 100 Alabam a Power p r e f.. _ 100 Alabama T r , L & P , com ____ _'l00 Preferred ______ io o A lbany Southern R R c o m " I I 100 P re fe rre d ___________________ io o A ll America Cables In c______ 100 Allegheny Trac— See Phila Co Am er Dist Teleg (N J ) ________ 100 American Elec Power pref______ American & Foreign Power— A llo t ctfs for p f & com 25 % p d . Common new_________ (no par) d Preferred new_________(no par) d A m er Gas & E l com _____ (no par) 6 % preferred (n e w )______ (t ) A m er Gas o f N ew Jersey____ 100 Am er Ligh t & Traction .......... 100 P r e fe r r e d __________ 100 Am er Pow & L t com _____ l - ( t ) P re fe rre d ___________________ ioo Optional warrants 1931 Am er Pub Serv 7% pref____ 100 Am er Public U tilities_________ 100 7% prior preferred_________ 100 5% partic preferred________ 100 Am er T eleg & Cable guar____ 100 Am er T elep & T e le g __________ 100 55 99 110 98% 124 92 30 40 126 118 100*3 120 34% 89*3 79*3 84*3 156 151 95*3 57 86% 470 91*3 72 87 74 41 136 Ask 100 97 95 % 98% 97 100 100 100*3 99 99 102 1 0 i% 95 111% 101 98*3 84 99" 48 95 93 __ — 93 98*3 99*3 95 — 89*3 101 102 97*3 93*3 90*3 102 97*3 97 102 79*3 92" — 95 99 % 87 103 99*3 92 94*3 . . . . — 58 102 116 99 127 97 35 45 133 101" 123 3453 90 80*3 86 158 153 96 58 88 480 92 74 89 76 42 136*4 Stocks. Par. Stocks. Bid. Am er W a t W ks & Elec— 52% Common new_________ 20 1st preferred (7 % )------------ 100 101% Preferred (6 % )_____________ 100 103 77 Appalachian Pow er__________ 100 99 7% preferred_______________100 20*3 Arizona Pow er________________ 100 77 Preferred___________________ 100 Arkansas Cent Power, $7 pref (t ) d 98*3 70 Arkansas Light & Pow com ---- 100 95 Preferred___________________ 100 5% Arkansas Natural Gas----------- 10 99 Asheville Pr & L t $7 pref----- ( t ) Assoc’d Gas & E l com C l A . . ( f ) d 28 Preferred______________ (.no par) d 51 11 Augusta-Aiken R y & E l_______100 25 P re fe rre d ___________________ 100 Baltimore Electric pref---------- 50 d 42*3 85 Bangor R y & E l common______100 98 P re fe rre d ___________________ 100 Bell Telephone (C an ada)------- 100 r 13653 Birmingham Elec $7 p re f------( t ) d 99 Blackstone Val Gas & E _______ 50 d 79 P re fe rre d ___________________ 100 100 Bleeck St & Ful F y — See N Y R ys Boston Consol Gas, p re f_____ lOO 107% 77 Boston Elevated R R com ____ 100 94% P re fe rre d ___________________ 100 112 1st preferred_______________ 100 97% 2d preferred________________ 100 51% Brazilian T r L & P L t d ______ 100 B '■ way & 7th A v R R — See N Y Rys 8 Brookyln C ity R R _____________ 10 Brooklyn Edison C o __________ 100 128 % Bklyn-M anhat Tran v t c (no par) d 41 d P re f tern v t c ______________ (no par) 77 Brooklyn Union Gas____ (no par) d 81% 250 Buffalo General Electric_____ 100 d 51*3 N ew stock_________________ 72 California-Ore Power com ____ 100 P re fe rre d ___________________ 100 101 76 C alif R y & Pow prior p re f____ 100 Camden & Sub R y — See P S Corp Canadian General E lectric___100 r ____ 93 Capital Tra c (Wash, D C ) ___100 337 Carolina Pow & Light, com ..10 0 P re fe rre d ___________________ 100 103 Central Ariz L & Pow com ____ 100 P re ferred ___________________ 100 i o o " 95 Cent Arkan R y & L Corp p re f. 100 Cent Crosst R R — See N Y R ys 32 Central Ga Power com ________ 100 105 Cent Hudson Gas & E lec_____ 100 92 Central Illinois L igh t 6% pf--100 Cent 1 1 Pub Serv p ref___(no par) d 87 1 91*3 Cent Indiana Power p re f_____ 100 Cent P k N & E R R — See N Y R vs 89 Central Pow & Light 7% p re f. 100 77 Central States Elec C orp_____ 100 90 P re fe rre d ___________________ 100 Ches & Poto T e le o f Balt p ref. 100 11153 Chic A ur & E lg Corp v t c w i ___ d ___ % Chic C ity & Con com part c tfs . ( f ) d d P r e f partic c tfs_____________ (no par) 4 50 Chicago C ity R y ______________ 100 5 Chicago Rys partic ctfs series 1. _ 1 Series 2________________________ *3 Series 3________________________ *3 Series 4_____________________ 111 Chicago Rapid Transit Co— 7 Voting tr ctfs for com stock___ 99 Prior preferred________________ 3*3 Chicago Sub Gas & E le c tr ic ..100 35 P re fe rre d ___________________ 100 Chris&lOth Sts R R — See N Y R ys 86*4 Cincinnati Gas & E lectric____ 100 Cincinnati Gas Transp________ 100 114 Cincinnati & Hamilton T r a c . .100 P re fe rre d ___________________ 100 76*3 Cine N ew & C ov L t & T ra c ___100 6153 P re fe rre d ___________________ 100 Cincinnati Street R y __________ 50 d 33*4 Cincin & Suburb B ell T e le p ___50 d 85 Cities Service__________________100 179 35% N ew stock___________________20 82 P re fe rre d ___________________ 100 7% Preferred B __________________ 10 77% Preferred B B _______________ 100 17% Cities Service Bankers shares, ( f ) Citizens Gas (Indianap) com ._25 d 33 P re ferred ___________________ 100 104 Citizens’ Pass R y — See Phila R T Citizens Traction— -See Phila Co C ity Pass R y — See Reading T r 35 C ity R y (D ayton, O h io)_____ 100 55 P re fe rre d ___________________100 215 C leve Elec Ilium common____ 100 6% preferred_______________ 100 103*3 C leve Painsv & Eastern R R ..1 0 0 8953 Cleveland R a ilw ay___________ 100 87*3 Coast. Co Gas & E l 1st p r e f.. 100 60 2d preferred________________ 100 33*3 Colorado Pow er______________ 100 93 P re fe rre d ___________________ 100 Columbia Gas & E le c ____(no par) dx 5>53 P re ferred ______________________ x 105 Columbia (S C) R y Gas & E1..100 92" P re ferred ___________________ 100 Columbus (G a) E l & P r com . 100 143 1st preferred_______________ 100 143 2d preferred________________ 100 100 70 Columbus R y P & L com new 100 97 Preferred A ________________ 100 85*3 Preferred B ________________ 100 Commercial Union Teleg (gu) _ .25 d 17 133 Commonwealth-Edison C o ___100 Commonwealth Pr Corp. (no par) d x ll6 31 Common stock options_______ x P re fe rre d ___________________100 x 81 40 Coney Island & Bklyn R R ___100 106*3 Connecticut L tg & Pr 7% pf--100 8% preferred_______________ 100 116 Connecticut P ow er___________ 100 210 P re ferred ___________________100 101 55 Connecticut R y & L ighting___100 56 P re ferred ___________________100 Cons Gas E L & P (B a lt). (no par) d 34% 8% preferred_______________ 100 123% 7% preferred_______________ 100 11053 106*3 6 % % cum pref series C ____ 100 Consolidated Gas (N Y ) See und er N Y Cons T ra c o f N J— See P S Corp Par __ . __ __ __ __ . __ __ __ __ __ a Purchaser also pays accrued dividend, d Price per share, not per cent, t N ew stock, h Ex-stock dividend, k Last sale. I In London, Canadian price, s Sale price, u Ex-warrants, v Old stock, w Ex-cash & stock divs. x Ex-div. y Ex-rights, t W ithout par value. Bid. Cons T ra c (P ittsb )— See Phila Co 80 85 52% Consol W ater (U tica) com ___100 80 85 5% preferred_______________100 102 % 105 102 7% preferred_______________100 104 169 % Consumers Gas (T o r o n to )____ 50 80 92 k 95 Consumers Pow (M ich ) p re f. . 100 101 100 99 6.6% preferred____________100 22 84 81 Continental Gas & Elec c o m .. 100 79 90 95 7% prior preferred________ 100 100 96 91 6% preferred__________________ Continen Pass R y— See Phila R T 97 6 % Cumberland Co (M e ) P & L t._ 5 0 Preferred____________ 100 dx 85 100 99 103 Dallas Power & Light 7 % pref 100 29 94 92 D ayton Power & Light pref___100 53 D ayton & Western, comm on..lOO 15 Preferred___________________ 100 28 3% 6 D enver & Northwestern R y .-1 0 0 96 93 Derry (N H ) Elec Co 7% pref.100 91 110% D etroit Edison________________100 115% 100 4% D etroit United R y ____________100 Domin Pow & Transmission..100 100 Preferred___________________ 100 81 Dominion T eleg (C anada)_____ 50 102 Duluth Edison E lectric______ 100 Preferred___________________ 100 35 25 77% Duluth-Superior Tra c C o ____ 100 45 35 Preferred___________________ 100 95 Duquesne Light— See Phila Co—113 Eastern Conn Pow 7% 1st pf.100 99 35 33 Eastern Mass St R y , com ____ 100 51 69 First preferred______________ 100 61 Preferred B stock__________ 100 8% 42 41 Adjustment stock__________ 100 129 98% 103 41*3 Eastern N J Power 8% pref___100 72 74 Eastern Texas Elec Co, n e w .. (t> 78 Preferred___________________ 100 100 82 97 Eastern Wisconsin Elec p r e f.. 100 255 1500 East B ay W ater (San Fr) com . 100 52 91 Preferred A _________________100 93% Preferred B ________________ 100 67 60 East Penn Electric C o ___(no par) 80" 101% 1st preferred ( 7 % )____ (no par) d 100 101 2d preferred (8 % )_____ (no par) d 98 East Read’g E l— See R ead’g Tra c 93*3 East St Louis & Suburban____ 100 Preferred___________________ 100 342 201 Edison Elec Ilium (B o s to n )..100 x 200% 104 Eighth A v e R R — See N Y Rys Electrical Securities, pref____ 100 1 0 6 " Electrical U tilities.com ______ 100 — Preferred___________________ 100 103 Electric Bond & Share pref___100 37 60 d 59 Elec Bond & Share Sec Corp 109 ____ Electric Investm ent C orp____ 100 93 Preferred___________________ 100 83 2253 Elec Power & L tg tern ctfs____ (t ) d 22*3 93 101 10153 A llo t ctfs for p f stk 40% pd ___ 103 101 A llot ctfs for pref full paid____ 92 14 Electric R y Securities___(no par) d 13 83 Elec Storage B att— See Ind & M isc Cos 93 — 65 Elizabethtown Consol Gas___100 — Eliz & Tren R R — See Pub S Corp 97 95 Elmira W , L & R R l s t p f v t c . 1 0 0 " * 3 E l Paso Elec Co (D e l)_(no par) 74 d 72 4*3 103 Preferred series A __________ 100 100 55 Preferred series B ___________100 100 10 70 65 Em pire & B ay State T e le g ____ 100 2 86 80 Empire D istrict Elec, p re f____ 100 1 98 94 Empire Gas & Fuel C o, p re f. .100 *3 Erie Lighting, pref______ (no par) d ____ 125 Essex & Hudson G as_________ 100 123 7*3 Fairm ’t Pk & Hadd Pass R y — See Phila R T 101 35 33 Fall R iver Elec Light C o ____ 100 57 Fall R iver Gas W orks_________ 25 d 55 — 149 Federal Light & Trac, com ___(t ) d 148 87 85*3 Preferred___________________ 106 86*3 Federal U tilities______________ 100 P re fe rre d .__________________ 100 105" 99" F t W orth Pow & Light 7 % pref 100 — 44 40 Franklin Telegraph (gu a r)____ 100 34*3 32*3 Galveston-Houston Elec C o . .100 63" 72 P referred___________________ 100 33*3 Gas & Elec o f Bergen C ou nty. 1O0 — 82 86 Gas & Electric Securities____ 100 Preferred___________________ 100 36 % General Gas & Elec C orp. (no par) d 7 8 " 80" 82% 112 Cum ulative pref Class A ___(t ) d 102 7% 97 Cum ulative pref Class B ___(t ) d 94 77% 81 Convertible preferred______ ( t ) d 79 120 Old cumulative preferred___1O0 3 5 " Georgia L t, Pow & Rys, com.100 53" 49 — 80 77 Preferred___________________ 100 121 118 Georgia R y & E l co stm pd___100 83 80 Preferred___________________ 100 73 % 73 Georgia R y & Power, com ___100 40 98 96 First pref cum 7 % _________ 100 60 109 First pref cum 8 % _________ 100 106 72 73% Second pref non-cum______ 100 1 0 4 " Gold & Stock Teleg (gu ar)___lOO 114 111 20 15 Grand Rapids R y , p re f_______100 9 2 " Great Western Power, p re f___100 Hackensack W a te r_____________25 d 18*3 28" Preferred____________________ 25 d 25 35 Harrisburg L t & Power, p re f___50 a _— 208" 205 H artford Electric L ig h t______ lOO 58*3 198 205 P re fe rre d .__________________ 100 106*3 Hartford C ity Gas L ight, com.25 d 38 40 .... 40 Preferred____________________ 25 d 38 92*3 91 Havana Elec L ight & P o w e r .. 100 10253 Preferred___________________ 100 101 4 11 Helena L igh t & R y , com 102 8 18 Preferred___________________ 100 75 H olyoke Street R y ____________100 — 97*3 H olyoke W ater Pow er________ 100 87 Houghton County Elec L ig h t. .25 d ' § " 19 20" Preferred____________________ 25 d 18 133*3 Houghton County Tra c, com.100 117 Preferred___________________ 100 99" 33*3 Houston Gas & Fuel, pref. 95" 82 125 Hudson County G as__________ 100 123 45 100 90 Idaho Power 7% pref_________ 100 108 95 94 Illinois Power & Light, 7% pf.100 118 92 88 Illinois N orth Utilities, p r e f..100 220 Illinois Traction, com _________ 100 103 103 92 Preferred___________________ 100 58 32 29 Ilium & Power Securities_____ 100 59 82 81 Preferred________ :_________ MOO 35 Indiana L igh tin g____ _________100 120" Indiana Service Corp, com ___100 — 90 Preferred___________________ 100 107*3 Indiana Union Tra ction ______ 100 City Indianapolis Gas_______________ 50 d 54*3 25 Indianap & Southeast T r, pf__100 46" 50 Indianapolis Street R y C o ____ 100 — 91 Indianap W W Sec, p re f_____ 100 Indianapolis W ater Co, p ref. .100 20*3 20" Inter boro R T vo t trust c t fs .. 100 n N om inal. PUBLIC UTILITY STOCKS 42 Stock s. 1 Bid. 96 Internat Ocean Teleg (g u a r ).. 100 International R y v t c ________ 100 24 International Telep & T e le g .. 100 89 Interstate Public Serv, pr lie n .100 97 Iowa Southern U til, 7% pref._100 93 Jacksonville Traction, com ___100 1 Preferred____________________100 7 Jersey Cent Pow & L t, com ___(t ) Preferred____________________100 9634 Kan C ity Pow & L t 1st p f ser A (t ) d Kansas C ity Power Secur_____ ( f ) d 77 Preferred_______________ (no par) d Kansas Elec Pow 7% pref____ 100 9534 Kansas Gas & Elec 7% p ref. .100 9834 Kentucky Securities C orp____ 100 79 Preferred____________________100 7234 80 Kentucky U tilities, p ref______ 100 Kentucky & W Va Pow , c o m ..25 d Preferred___________________ 100 \d 10134 6 Keystone Telephone___________ 50 d Preferred____________________ 50jd 20 47 K e y System Transit, pref________ Prior preferred________________ | 8634 Knoxville Pow & Light, p re f. .100 Laclede Gas L ig h t____________100 160 85 Preferred___________________ 100 Lake Shore Electric, com ____ 100 134 First preferred______________ 100 Second preferred___________ 100 Laurentide Pow er____________ 100 r 96 Lehigh Power Securities.(n o par)\d 104 Lehigh Valley Transit, com ____ 50 d Preferred____________________ 50 d Lone Star Gas, new___________ 2 5 jd 33 Long Island Lighting 7% pref.1001 102 Los Angeles G & E Corp, pref.100 9234 32 Louisville Railway C o________ 100| 58 Preferred___________________ 100 Low ell Electric L ig h t__________ 25 d 55 4 Low ell Gas new________________ 25 d 52 3 M ackay Companies__________ 100 11634 Preferred ___________________ 100 6734 M anitoba Power C o ______ (no par) d 15 Manhattan Elev R y (N Y ) ___100 < 734 3834 M odified guarantee________ 100 M anila Electric C orp_____(no par) d 47 M arion (O ) W ater, com.. ( n o par) d 45 834 M arket St R y (San Francisco). 100 30 Preferred___________________ 100 47 Prior preferred_____________ 100 21 Second preferred____________100 Massachusetts Gas Cos______ 100 6934 Preferred____________________100 6534 40 Massachusetts L tg Cos, c o m __(t) 85 6% preferred_______________ 100 8% preferred_______________ 100j 11034 Memphis Pow & L t, 7% pf.n o par\d 99 M etrop Edison cum partic pref (t)ld 9734 Mexican Telep & T eleg________ 10 d Preferred_____________________10 d M exico Tram w ay_____________ 100 r ____ M iddle W est U tilities____ (no par) d 88 Preferred___________________ 100 9634 Prior lien stock_____________ 100 10234 99 Midland U tilities prior lien___100 Milwaukee Gas Light 7 % pref___ 106 3 4 85 M ilw Elec R y & L t, 6% pref..100 97 3 4 Minnesota Pow & L t 7% pf--100 Mississippi P r & L t, 8% p r e f . . ( t ) d 97 Mississippi River Pow er_____ 100 4 >34 ' 034 Preferred___________________ 100 88 M obile Electric, pref_________ 100 M ohawk Valley C o ____________100 263 Monongahela L & P — See PhilaCo Monongahela St R y — See PhilaCo 2134 M onon-W est Penn P S 6% pref .25 7% preferred________________ 2 5 d 2134 6 Montana Pow er______________ 1001 Preferred_______________ mol 1 034 M ontreal L t, H t & Pow er____ 100 r 17534 M ontreal Telegraph___________ 40 r M ontreal Tramways, com ____ 100,r 162 Debenture 5% stock___________ |r 9134 M ontreal Tram way & Po w er. 100ir Mountain States Power, c o m .(t)id 26 92 Preferred__________ 100 Mountain States Tel & T e l . . 1001 10834 Municipal Gas (A lb a n y )___ 100| 1 5 .50 d 66 Narragansett E lectric____ 11 N ational Light, H eat & Power. 100 55 Preferred____________________ioo N ational Power & Light, c o m .(t) “ 28) Preferred______________ (no par) d v 734 N a t Public Serv Corp A com ____ d 2034 Class B common________________ d 10 93 7 % participating pref______ 100 Nebraska Power, p re f________ 100 10» N evada-C alif Eelectric, com . .100 2034 Preferred___________________ 100 8434 83 New ark Consolidated Gas____ 100 N ew Bedford Gas & Ed L t C o 25 5234 3 N ew Bedford & Onset R y ____ 100 75 N ew England Co, com____ ^..100 87 First preferred______________ 100 70 Second preferred____________100 12 N ew Eng Elec Securities, com ___ 96 N ew England Power, pref____100 99 N ew England Telep & T e le g .. 100 41 N ew Haven Gas L ig h t_________25 N e w Haven W a te r_____________50 d >334 94 N ew Jersey Pow & L t, p r e f.. 100 ____ N ew Orleans Pub Serv, c o m .. 7% preferred_______________ 100 9834 N ew p N & Hamp R y , G & E.100 6134 10 Preferred___________________ 100 97 N Y Cent Elec Corp 7% pf_..1 0 0 7834 N ew Y o rk C ity — Consol G a s .(f) Preferred____________________ 50 d 59 ____ Standard G L o f N Y , com . 100 ____ Preferred_________________ 100 N ew Y ork R ys Corp— Common when issued______ 234 Preferred when issued_____ 834 ____ N ew Y ork Railw ays____ _________ ____ Bleecker St & Fulton F erry. 100 B ’w ay & 7th A v e guar_____ 100 9 ____ Central Crosstown 7 % ____ 100 7 Christopher & Tenth Sts___100 Eighth Avenue_____________ 100 28 42d St & Grand St F erry___100 70 N in th Avenue guar 6 % ____ 100 18 ____ Second Avenue_____________ 100 Sixth A venue_______________ 100 32 Tw enty-third St guar______ 100 11 N ew Y ork & Richmond Gas. .100 85 N ew Y ork State Rys, com ____ 100 36 Preferred___________________ 100 6134 N ew Y ork Steam p ref_________ 100 9834 N Y Telephone 634 % p re f___100 11234 Ask. Stocks. Par. Bid. Niagara Falls Power, com ___ -(t> d 101 Preferred new. ..25 dx 2834 26 8934 N iag Lock & Ont Pow com.no par d 61 100 7 % preferred . _____ inn 10434 N orfolk Railw ay & Light 25 d 95 Northam pton (Mass) St R y . -1(M) N orth American Co com . . in d 4434 6% preferred___ 50 d 48 9734 Northern N Y U til, Inc, com ..25 d P re fe rre d ______ ____ ____ .100 101 100 Northern Ohio Pow w if & as iss 734 N orth Ohio T r & L pref 6 % . .inn N or Ontario L t & Pow c o m .. inn 43 98 72 inn Preferred . . . 9934 inn 108 Northern States P o w e r.. 81 Preferred . . 96 74 .100 Northern States Pow o f Wis90 95 Preferred . . . . ___ i n n ion 40 Northern T ex Elec Co com . P re fe rre d _____ _ . _ . . ion 65 634 22 Northwest Electric__________ i n n inn 98 Preferred _ _____ 52 8734 Northwestern Teleg (guar) . 50 d 41 Ohio Bell Telep p ref. . . . .in o 10834 Ohio Cities Gas— See Pure Oil Co 165 Ohio Fuel C orp. _ _______ 25 d 3134 91 95 Ohio Gas & Electric pref in n 3 95 Ohio Public Service pref A . _ .100 23 Ohio R iver Edison 7 % pref io n 97 7 9 Ohio Traction— Common . . .100 41 Preferred inn 105 25 d 2934 Oklahoma Natural Gas. _. 6 Omaha & Council Bluffs _ inn 39 Preferred . . . _______ i o n 40 Ottawa Light H eat & Pow 103 .100 r .100 r P re fe rre d .................. 3334 Ottawa Traction. _____ . . .100,)' 61 Ottumwa (la ) R y & L t pref . . i n n Pacific & Atlantic T e l (gu) 58 25 d 1634 55 Pacific Gas & E lectric. _____ 100 105 95 First preferred_____________ 100 11734 Pacific Light C orp____ 68 inn 2 0 78 Preferred _ . . . . ___ 100 18 98 75 Pacific Pow & L t 7 % p ref. inn .100 10 > 3834 Pacific Telep & Teleg . Preferred _____ __________ i o n 9434 4734 25 d 10 46 Paducah Electric Co . . 82 934 Paterson & Passaic Gas & El inn 82 33 Pawtucket Gas p r e f . ____ inn 104 49 Peninsular Telep' Co com ____ ion 99 23 Preferred . . . .. . . . . .100 Preferred 7 % series A .100! 6934 Penn Central L t & Pow pref. - ft ) d 62 Pennsvlv Edison pref . .(n o p a r) d 10434 43 92 92 Penn-Ohio Elec C o pref . . . inn 115 34 Penn-Ohio Pow & L t 8 % pref inn 105 ___ .100 94 100 7 % preferred _ _ 9834 Pennsylvania Pow & L t pref. . ( t ) d 99 Pennsylvania W ater & Po w . inn 13 ) People’s G L & C (C h ic ).. .100 11534 Phila Co (Pittsbu rgh). . ._ ..5 0 d 5434 5% non-cum preferred __ . --50 d 35 8834 97 6 % cum preferred _____ ..5 0 d 46 103 Allegheny Traction____ __ ..5 0 d 20 Citizens T r a c t io n _______ ..5 0 d 37 9934 Consolidated Trac p ref. . .50 d 20 Duquesne Light 1st p r e f.. -1001 107 Federal St & Pleasant V al. 25 d 12 9834 100 Monongahela L t & P r ___ .50 d 39 42 Monongahela St R y . ..5 0 d 2134 93 Pittsburgh & B ’ham T r ___ ..5 0 d 25 Sub Rap Tran St R y . -.5 0 d 22 3 4 272 United Traction pref_____ ..5 0 d Philadelphia E l e c t r i c . . ___ ..2 5 d 37 3 4 4 Preferred . . _. . . _ _. ..2 5 d 37 3 22 Philadelphia Rapid Transit ..5 0 d 44 22 Citizens Passenger guar. ..5 0 d 190 67 Continen Pass R y ($29 pd) ..5 0 d 65 112 F airm 't Pit & H adding’n. ..5 0 d 30 176 Frandf’d & Southwark Pa ss.50 d 240 Germantown Passenger___ ..5 0 d 70 4734 Green & Coates Sts ($15 pd).50 d 70 Hestonville M & F com 50 d 20 Preferred ..5 0 d 35 Ph ila Pass R y (*9224 Pd ) 50 1 10) 96 Phila & D arby Pass R y . . ..5 0 d 22 110 Phil & G ray’s F y ($25 p d ). 50 d 58 200 Philadelphia Traction 50 d 58 68 Ridge A v e Pass ($28 p d ) .. 50 d 160 2d & 3d Sts R y guar. ___ -.50 d 165 65 13th & 15th Sts Pass R y 50 d 165 30) Union Pass ($30 5-6 pd) -.50 d 100 99 Union Traction ($17 34 pd) 50 d 3934 West Phila Pass g u a r.. . . 50 d 125 2134 12 Phila & Western R y com. 50 d 15 96 P re fe rre d ___________ __ .50 d 35 101 95 iPine B lu ff Co p ref. _________ .100 22 Pittsb & Birm T r— See Phila Co 8634 Pittsburgh Utilities 7% pref .10 d 13 P re f vo t tr ctfs. _____ --1C d 1334 Preferred. new 5334 1334 ____ Portland (M e ) Gas L ig h t___ 50 d 64 44 Portland (Ore) R y L & P . mo ____ 97 Prior preferred_____ ino ____ 78 1st preferred______ mo 16 72 2d preferred____ __ _ . . .100 98 Porto Rico Rys L td __ . . .100 r 38 P re fe rre d _____ _______ . .100 r 99 3 4 7 4134 Power Securities com ____ (no p a r) d Second p r e fe r r e d ___ (no p a r) d 26 8434 . . 9734 Providence Gas ..5 0 d 65 95 Public Service o f Colo pref .IOC 101 Public Serv Corp o f N J . . (no p a r) d 68 3 4 67 8% preferred. _____ 110 i nr 94 7% preferred. _ . _ .ino 100 100 Camden & Sub ($5 p a id ).. ..2 5 d 79 Consolidated Tra,c o f N J m o 41 60 Rapid Transit St R y C o. ino 115 ____ So Jersey Gas & Elec Trac me 123 ____ Pub Serv E l & G 6% p r e f.. 1O f 92 3 4 Public Serv Elec Pow p ref. . ino 101 Public Service Invest pref _ .IOC 89 1 9M Public Service Co o f N or 1 1 f t ) d 45 34 ____ 6% preferred- . _________ i nr 95 ____ 7% preferred. 1O f 10634 12 Puget Sound Power & L ig h t. i n r 48 ____ 83 6% preferred_____ _____ inr 9 7% preferred. . _______ 1O 103 f Quebec Power com ________ me r 90 Preferred i n r r 105 Quebec R y , L t, H eat & Pow m r r ____ Queensboro Gas & Elec 8 % p f m o 105 37 Railways Company General. ..1C d 8 ____ Rap Tran St R y — See P S Corp 100 Reading Traction____ ____ __ 5 dn 2234 (1 C ity Passenger R y . 4034 50 d 95 63 East Reading Electric R v . ..50 d 50 Reading Transit & L t cl B pref_5C d 37 11234 __ __ Ask. [V . 120. Bid. Ask. 57 spublic R y & L igh t com___ 100 50 ~ 53 P re fe rre d ___________________100 77 2854 7834 63 Rochester G & E 7% pref____100 10634 107 110 Roch & Syracuse R R com ___ 100 24 134 P re fe rre d ________________ ...100 14 2734 16 Jos R y , L t & Pow, pref____ 100 63 65 ,n Diego Cons G & E 7% pf.100 ____ 4434 ____ 40 " 4834 San Joaquin L igh t & Pow er. .100 Preferred A 7 % _____________100 9334 9434 103 Prior preferred_____________100 9924 724 Savannah El & Pow deb stk.-lO O 103 100" 74 Scioto Valley Trac common. .100 5 7 45 First preferred______________ 100 50 57 74 P re fe rre d ___________________ 100 20 25 109 Shawinigan W ater & P o w e r.. 100 r 139 13934 99 Sierra Pacific Elec Co com ____ 100 16 18 P re fe rre d ______________.• ____ 100 80 83 Somerset Un & Middlesex Lt.10 0 65 45 South C alif Edison com m on..100 107 1 0 8 "' 70 6% preferred__________________ 9134 9234 7 % preferred______________ 100 10634 10734 8% preferred_______________ 100 119 45 Southern Canada Pow er_____100/ 7924 80" P re fe rre d __________________ 100 r ____ Southern Cities Utilities com___ 5134 53" 32 Preferred_______________________ 96 98 South & Atlan Teleg (guar)____ 25 d 20 22 98 Southern N ew Eng T elep ____ 100 142 14334 100 Southern Pr & L t com ___(no par) d 30 12 P re fe rre d ______________ (no par) 9534 90” 43 Southern Utilities common__ 100 P re fe rre d __________________ 100 2934 So Jer G E l & T r— See P S Corp 50 Southwestern Bell Telep pref.100 10824 11034 98 Southwestern L t & Pow A ____ ( t ) d 36 45 102 Class B _____________________ ( { ) d 16 20 Southwestern Pow & L pref..100 98 24 9924 Southwest Missouri R R ______ 100 Springf (Mass) St R y Cos pf_.10O 18 4: 34 Springfield (M o ) R y & L , pref. 94 5s" Spring Valley W a ter__________ 100 96 16 97 ___ Standard Gas & Elec com (no par) 4524 4534 80 7% cum prior pref_________ 100 97 99 100 8% cum preferred_____________ 52 5154 115 Standard Pr & L t Corp p r e f- .(t ) 10 0 103 9634 Staten Island Edison pref_____ ( f ) Suburban Elec Securs___(no par) d ____ 1st preferred_______________ 100 2d preferred___________ (no par) 85 :::: Sub R T St R y — See Phila Co Superior W ater L & P com___100 101 100 P re fe rre d ___________________ 100 Tam pa Electric C o ____________100 190 63 Tennessee Elec Pow com . (no par) d 5834 106 5934 96 91 1st preferred (7 % )_________ 100! 97 80 107 1st preferred (6 % )_________ 100 2d preferred___________ (no par) d 76 9 34 77" 101 Terre Haute Ind & East_______100 2 4 P re fe rre d ___________________ 100 10 15 13034 116 Terre Haute T r & L t pref____ 100 91 95 99 Texas Power & L i rht 7 % pref. 100 55 100 Third Avenue R y (N Y ) _____ 100 10 934 Tidew ater Power 8% pref____ 100 95 47 100 25 Toledo Bowl Green & So pref.100 Toledo-Edison prior pref_____ 100 110 112 ” Tri-C ity R y & Light pref____ 100 82 85 ______________ 7 8 10’ 34 Tri-State Telep & T eleg________ 10 P re fe rre d ____________ _ __ m d 8 9 1334 42 T ro y (N Y ) Gas_________(no par) 66 23d Street— See N Y Railways Tw in C ity Rapid Transit_____ 100 6234 6334 P re fe rre d ___________________ 100 9S34 9534 Union St R y (N ew B e d ,M a ss).100 98 Union Trac o f Ind common___100 38 First preferred______________ 100 38 "7 " Second preferred____________100 45 2 200 United Elec R y (Providence). 100 25 30 United Elec Secur pref________ 100 10) 75 40 United Gas & Elec c o m . .(no par) 33" 31 25) P re fe rre d ___________________ 100 84 86 80 United Gas & El o f N J 5% pf.100 62 58 8) United Gas Im provem ent_____ r 0 8 6 34 8634 P re fe rre d ____________________ 50 !d 5734 25 5834 42 United 1 1 Co o f N ew H a v e n ..100 301 1 105 United L t & P r com A ___ (no par) 55” 5434 26 Common Class B ______(no par) a 5 ) 60 60 Preferred Class A ______(no par) d 84 85 Preferred Class B ______(no par) d 4> 50 5834 United Rys o f St Louis com ___100 170 28c. 25c. 173 P re fe r r e d __________________ 100 n 5 434 United Rys & El (B alt) com _50 d 16 173 1634 112 United Rys Investm ent C o ___100 27 25 P re fe rre d __________________ 100 66 3924 6234 United U tilities_______________100 140 22 P re fe rre d __________________ 100 82 1534 Utah Power & Light pref_____ 100 36 101 100 Utah Securities C orp_________100 97 100 9834 Utica Gas & Electric pref____ 100 102 104 26 1324 Utilities Power & L t Cl A (no par) d 2534 Virginia R y & Power com ____ 100 102 10134 P re fe rre d __________________ 100 93 1324 68 Virginian Power C o common__100 68 Wash Balt & Annapolis______ 50 d 5 46 ' 0" ____ P re fe rre d __________________ 50 d ____ 1234 Washington (D C ) Gas______ 20 dn 56 80 5634 Wash (D O ) R y & El com ____ 100 74 109 10934 P re fe rre d __________________ 100 82 40 8234 Washington W ater Pow C o ___100 8> 116 118 Rights__________________ 12 d 134 124 Western M o Pow 7% pref. 28 68 3334 3434 P re fe rre d ___________________ 100 97 91 8934 68 34 Western Rys & Light pref____ 100 11021 Western States Gas & Elec___100 20" P re fe rre d ___________________ 100 90 91 10034 Western Union Telegraph____ 100 13034 13134 W est’h’se E I& M fg — See und M isc 43 W est Penn Power pref________ 100 103 W est Penn Railways pref____ 100 125 89 93 116 9334 W est Penn Co c o m m o n ..(no par) d 1 1 2 7 % preferred_______________ 100 105 91 9624 47 4 W est Virginia Utilities pref____ 50 d 4534 91 46 / Winnipeg Electric C o _________ 100 r 4424 45 ” r P re fe rre d __________________ 100r ____ 96 9424 Wisconsin Edison common___100 108 Wisc-Minn L & P — See N o r State Pow o f Wise 51 Wisconsin Pub Ser Corp pref.100 98 10 0 86 Wisconsin Telep 7% pref_____ 100 109 110 107 99 Yadkin R iver Power 7% pref.100 10 0 d 45 Preferred d 36 36 H oungstown 108 15 Preferred 40 .100 834 ---- - - - 64 100 60 43 /Purchaser also pays accrued dividend, d Price per share, not per cent, t N ew stock, h Ex-stock dividend, k Last sale. Canadian price, s Sale price, u Ex-warrants, v Old stock, x E x-dividend. y Ex-rights, t W ithout par value. Par S to c k s . ol I In London, n Nom inal, 43 INDUSTRIAL AND MISCELLANEOUS SECURITIES Under the heading “ Industrial and Miscellaneous Securities” we include all issued which do not appear under the previous two headings, nam ely, “ Railroad (Steam )” and “ Public U tilities.” In the case o f stocks, however, we put “ Textile M anufacturing,” “ Insurance,” “ M in in g,” “ R ealE state” and Land,” “ T itle Guarantee and Safe Deposit Companies” under separate heads, then follow with the rest o f the “ Industrial and Miscellaneous.” N O T IC E .— A ll b o n d p ric es are “ a n d in te r e s t” excep t w h ere m ark ed “ f ” a n d incom e an d d e fa u lte d bonds. B onds. Bid. Ask. B onds. I N D U S T R IA L & M IS C E L L A N E OUS B ON D S Bid. Childs Bldg & Im p 6s ’26-’35_____ 118 Childs Co 6% notes 1929--J&D 127 99 A bitibi Pow & Paper 6s 1940 J&J2 100 M Cities Service R e f 7s 1933____ J&J 100 Acm e W hite Lead & Color Works Clearfield B it Coal 4s 1940.-J&J 80 H 1st 6s July 1925 to ’28 op.J& J Clev Un Term —-See Steam R R s 85" Adams Exp coll tr g 4s ’48. M&S 85 M Clyde SS 1st 5s 1931 o p t- .- F & A 94 78 Coll tr g 4s 1947_________J&D / 77M Col Fuel & Iron s f 5s 1943--F& A 91 99 100 Advance-Rum ely 6s Dec ’25 M &S Colorado Industrial— 99 98 M A ja x Rubber s f 8s 1936____ J&D 1st g gu 5s ser A & B ’34 opt F & A 81M Alabama Cons Coal & Iron—■ Com m ’l Credit 6s 1934____ M & N 98 H 95 % 97 1st cons M 5s 1933______ M&N Commercial Invest Trust Corp— C 1 & RR. A la Steel & Shipbldg—-See Tenn 5% gold notes 1926_______M&N Basis / 4 714 5% gold notes 1927_______M&N Basis 7% / 4 5% gold notes 1928_______M & N Basis 79 M 89 U Allied Packers deb 6s 1939..J&J 5% gold notes 1929_______M & N Basis 92 91M 1st M & coll tr 8s 1939____ J&J 5% gold notes 1930_______M & N Basis Alpine Montan Steel Corp— Com puting-Tabulating-Rec Co 91 91M l s t s f 7s 1955______________ M&S Sinking fund gold 6s 1941.J&J 101 M 101M 101 M Consol Textile 1st 8s 1941.-J&D Aluminum Co 7s 1925_____ M & N 85 107 107M Consol Coal 4 Ms 1934 o p t--M & N Debenture 7s 1933______ A& O 91M 99 M Am A gric Chem 1st 5s 1928.A& 0 1st & ref s f g 5s 1950____ J&D s 82 100 99 M 1st ref s f 7 Ms 1941______ F & A Continental Pap & Bag M ills Corp American Beet Sugar Co— 1st & ref 6M s 1944 Ser A .F & A 88 H 97 M 98 M Corn Prod R e f s f 5s 1931--M & N Conv s f deb 6s 1935_____ F & A 100 99 97 M Amer Chain deb 6s 1933___A&O 1st g 5s 1934 s f _________M & N 101 99 M Amer Chicle— 6s ’25-’27___A& O Cramp (W m ) Sons Ship & Eng Bldg 96 97 Sen Sen Chic 6s June 14 ’29J&D 1st M g 5s 1929 o p t_____ M&S 98 93 M 94 M Crew Levick Co 1st 6s 1931 - F & A Amer C ot Oil g 5s 1931 opt M & N 98 M American Ice Securities— 77 Crown Cork & Seal 6s 1942-F & A American Ice Co— R E 1st & Cuba Cane Sug deb 7s 1930.-J&J 95 M 103M 103M gen s f 6s ’42 opt ’ 1 3 --.F & A Conv deb 8s 1930_______ J&J 99 M 98 M 99M Cuba (T h e) Company— Am Mach & F dy s f 6s 1939-A&O 96 M 9-M A m Republic Corp 6s ’37. .A & O Conv sec s f 6s 1935______ J&J 93 101 102 M Am er Rolling M ill 6s 1938.-J&J Cuban-American Sugar— 98 M 97 M Amer Smelt & R e f 5s 1947..A&O 1st M coll 8s M ar 15 ’31 M&S15 107M 107 106M 1st M 6s 1947 series B ___A&O Cuban Dominican Sugar Co— 102M 102M Am er Sugar R efg 6s 1937. . .J&J 1st lien s f 7M s 1944____ M & N Cudahy Pack s f 5s 1946---J&D American Sumatra Tobacco— 91 96 95 91 7M % s f conv notes 1925. J&D Sink fund deb g 5M s ’3 7 --A & 0 — s 103M Cuyamel Trust Co—Amer Thread 6s 1928______ J&D American T y p e Founders— 99 1st mtge 6s 1940_________ A&O 101M 1 e Bard 4eben Coal Corp—■ 100M Deb gold 6s 1926________ M & N D 102 10 M Deb gold 6s 1937________ M &N 1st M 6M s 1925-1943--.-J&J b 7% 102 103M Deere & Co 7 M % notes ’31-M & N Deb gold 6s 1939.._•____ M & N 104 M 52 76' D ery (D G) Corp 7s 1942--M & S Amer W rit Paper s f 7-6s ’39. J&J / -0 M 54 Tem p interchangeable c t f dep. / 51 Denver Union Stock Yards— Anaconda Copper M in ing— 99 H First gold 5s 1926_________ J&J 9954 99 M 99 1st con 6s 1953 series A . .F & A (W W ood &N 100M DeweesBros) deb 6s Co 5s ’30 M& N 100M 99 Conv deb 7s 1938________ F & A Dodge 1940____M 103 103M Dold (Jac) Pack 1st 6s ’4 2 -M & N 86 6% gold bonds 1929 ser A .J & J !4 M 94M Domin Coal 5s ’40 op ’ 10--M & N Andes Cop M in deb 7s 1943.J&J Andian National Corp L td — Dominion Glass Co, L td — 104 102 M 1st M s f 6s 1940__________ M&S 1st s f 6s June 2 1933___J&D2 r 102 Antilla Sugar Co—Domin Iron & Steel 5s 1929--J&J r 90 92M 91M 52 Consol 5s 1939___________ M & S 1st M 7 M s 1939 ser A ____ J&J 99 Armour & Co o f Delaware— Donnacona Paper 5 Ms '4 0 .-J&D 1st M 5Ms 1943 ser A ____ J&J 90 H Donner Steel 7s 1942________J&J 91M Dunlop T ire & Rubber Co— 91M Armour & Co—-Real estate 1st gold 4 Ms 1939 o p t______ J&D 1st M 7s 1942 Ser A _____ J&D s 101M 87 Mj 87 M Associated Oil 6% notes ’35-M & S Pont de N 102M1duGold 4(E I )June em Powder— 102 M 94 H Associated Simmons Hardw Cos Ms 1 1936---J&D 6 M % gold notes 1933____J&J du Pont (E I ) de Nemours & Co— 82 M 83 M 107 % A tl Fruit & SS deb 7s '3 4 .-J&D Gold 7M s M a y 1 19 31 -.-M & N Certificates o f deposit_________ / 19 Eastern Cuba Sug7M s ’3 7 --M & S 101M 27 75 Ctfs o f deposit stamped_____ / — . 39 M Eastern Steel 5s 1931______ F& A A tl G u lf & W Indies SS Lines—Elk Horn Coal 6s 1925____ J&D 107 C oll tr g 5s Jan 1 1959____ J&J 68 M ' 9M Empire R efg 1st 6s 1927____ F & A 97 M Atlantic Refin deb 5s 1937.-J&J 99 M Fairmont Coal 5s 1931_____ J&J 99 M 97 Baldwin Locom otive Works—• Farmers M fg Co 7s 1943___M & S 92 M 1st s f 5s 1940 opt a ft ’ 15.M & N Federal Sug R e f 6s 1933---M & N 105 102 M Baragua Sugar (Com p Azucarera 102 M Federated M etals s f 7s ’3 9 --J& D h im Baraqua) 7M s 1937____ J&J 15 Fisk Rubb Co 1st 8s 1941. .M & S 10’' M Barnsdall Corp 8s 1931 ser A J&J Framerican Ind & D ev Corp— 105 105 M 90 % Beaver Board Cos—Deb 7Ms 1942___________ J&J C oll trust 8s 1933_________ J&J 94 . Francisco Sug 7 Ms 1942.M & N ] 5 104 M 93 M Beech Creek C & C 5s ’4 4 ..J & D 99M Gair (R obert) Co 1st 7s ’37. .J&J 96 93 M — Booth Fisheries s f 6s 1926. A&O Galena-Signal Oil deb 7s ’30. A&O 63 72 Bethlehem Steel Corporation— General Amer Tank Car Corp— Cons s f 5 Ms 1953 ser B .. F & A 102 M Equip tr 7Ms ’31 Ser G G .A & O 85 M 85 M Cons m tge 6s Aug 1948.-F & A Equip 5Ms 1925_________ M & N 64 5 >% !3 M 94 100 Cons m tge 6s 1948 ser A .F & A Equip 5Ms 1926 & 1927..M & N 93 M 94 M Beth St 1st ex g 5s '26 gu.J&J Equip 5Ms 1928-1934___M & N 6 5.50 100M 100M Beth St pur m 6s Aug ’98-Q-F General Asphalt Co— • 115 113 102 Beth St 1st 1 & r e f 5s '42-M & N Conv s f 6s 1939_________ A& O 95 V s 105M Purch money 5s 1936___J&J Gen’l Baking 1st 6s 1936___J&D 91 90 M 100M Beth Steel eq tr 7s 1935. _A& O 103M 103 M General Cigar 6s 1925_____ J&D 101M Penn-M ary Steel 5s 1937-J&J Serial 6s 1935______________ J&D 97 M 98 M 83 M Borden M ills, Inc—Gen’l Elec 3M s 1942 o p t . ..F & A 105 First mtge s f 6s 1934____ F & A Deb g 5s ’52 tax-ex N Y . .M & S 99 100M Boston Term Co 3 Ms 1947-F & A Genera] Petroleum Corp— 86 88 105M Brier H ill Steel 5Ms 1942--A&0 7% s f g notes Feb 15 *31 F&A15 98 % 98 M 101M Brunswick-Balke-Collender Co— 6% g notes A pr 15 ’2 8 ..A & 0 1 5 6% serial notes 1926-29___J&J C onv 6% notes 1927--M&S15 100M Buffalo & Susq Iron 5s 1932 J&D General R y Signal Co— — 91M 112 Deb g 5s Jan ’26 opt '1 0--M & S C onv 6Ms 1944__________ A&O 100M Bush Term 1st 4s 1952_____ A&O Gen Refractories 6s 1952___F& A 87 M 93 M Cons g 5s Jan 1955_______ J&J 88 U German Gen Elec 7s ’45-.J&J15 88 M 105M Bush Terminal Buildings Co— Goodrich (B F ) ls t6 M s 1947-J&J 120M 1st s f gold guar 5s I96 0--A&O 96 97 M Goodyear T & Rub 8s '41- .M & N 108M By-Products Coke Corp— Deb s f 8s M a y 1931_____ F&A ' Granby Con M in Smelt & Pow —1st & r e f s f 8s '36 ser A__ 106M 99 1st conv 6s 1928 Ser A . . M & N 103 103 Ml 100 Stamped_____________________ 93 M 92 M 99 C onv deb 8s 1925________ M & N r 101M 93 M Canada SS Lines 7s 1942. 97 M 98M G ray & D avis conv 7s ’32___F & A 99 Gulf Oil o f Pa deb 5s 1937. - -J&D r 77 — Hanna (M A ) Co— • 89 D eb g 6s 1934___________ F & A 101 102M Canadian Cons Rubber, L td — Havana Tobacco 5s 1922--J& D / ____ Gold 6s 1946 opt 1911-..A & I r 99 M 100M Hearst Publications, Inc— 1st M & col tr 6 Ms ’26-’36 M & N n 100 Canadian Cottons 5s 1940--J&J r 93 — 103 M Hershey Chocolate 6s 1942 M & N Canad Gen Elec 6s 1942___A& 92 M 95M Hoboken Land & Im pt Co— 95 65 1st M g 5s N o v 1930____ M & N 55 99 H 100 M Hock Val Prod 5s 1961 op t.-J & J Hoe (R ) & Co 1st 6M s A ’34 A&O f i b i j i 111 110M Holland-Amer Line 6s '4 7.M & N f 85 M Hollingshead (T h e R M ) Co—86" 100 1st 7s 1938________________ F& A C oll trust re f 5s 1940____ _ 98 98 M 99 M H olly Sugar 7s 1937_________ J&J Chic Un Sta— See Steam R R bds 103 H ood Rubber 7s 1936_______J&D Houston Oil Co o f Texas— 99 % Hudson N a v g 6s 1938 o p t- .F & A f 45 bBa-sis. / T h is price includes accrued interest. It Last sale, n Nom inal, Ask. Bid. Ask. 102 B onds. Humble Oil & R 5M s ’32-J&J 15 Illinois Steel deb 4M s 1940--A&O Independent Brewing 6s ’55 J&J Indiana Coke & Gas 6s ’4 6 --A & O Indiana Steel 1st 5s 1952___M & N In d ’n’p Abattoir 7Ms ’31-M&S15 96 92 M Ingersoll-Rand 1st g 5s D ec 31 1935 opt Dec 31 1910____ J&J 81H Inland Steel 1st 6s 1926-28--A&0 Internat Agricultural Corp— 99 1st & coll tr s f g 5s ’32 op M & N Stpd ext to 1942______ M & N 4M % 5% Internat M ercantile M arine— 1st M coll trust 6s 1941--A& 0 5.30% 5.60% International Paper— 1st & ref s f 5s 1947 ser A ..J & J 5M % 1st & r e f 5s 1947 ser B ____ J&J R e f m tge 6s 1955 ser A ..M & S 102M Internat Salt g 5s 1951 o p _ _ A & 0 86 92 M Internat Si'ver 1st 6s 1948--J&D Debenture 6s 1933_________J&J 83 Iron Steambt gen 4s 1932--A & O Jefferson & Clearfield Coal & Iron 89 Indiana Co 1st s f 5s 1950-J&J 102 H Jones & Laughlin St 5s ’39-M & N Jurgens (Anton) Un (M argarine! W ks conv 6s 1947 (J7a<)--J&J 98 V Kaufmann D ept Stores Corp— s 6% notes ’35 with warr’ts .F & A 78 95 M Kayser (Julius) & Co— 1st M s f 7s 1942_____ F & A 15 99 H Kelly-Springfield T ire Co— 8% g notes M a y 15’31 M & N 15 94 M Keystone St & W ire 8s '41 - - A&O Kinney (G R ) Co 7M s 1936-J&D 108 K night (B B & R ) 7s 1930--M & S Krupp (Fried) L td — 97 7% dollar notes D ecl5'29 J&D 92 M La Belle Iron W ks 1st 5s '40 J&D 92 1st & re f 6s 1940_________J&D 99 M Lackawanna Steel 5s 1950--M&S Lake Superior Corp inc 5s '24 Oct 1st & coll tr gold 5s 1944-.J& D m % Lehigh Coal & N avigation — • 105 Funding 4s g July 1 1948--J&J 77 Cons s f g 4M s 1954_____ J&J 100 M Leh & W -Barre Coal— See Cent R L ib b y M c N & L ib b y 7s ’31 M & N 99M L iggett & M yers g 7s 1944.-A & O G old bonds 5s 1951______ F & A 87 L ittle (A E ) Co 7s 1942____ A& O Lorillard (P ) Co g 7s 1944--A & O 104 G old bonds 5s 1951______ F & A 91M Lukens Steel 1st M g 8s ’40 M & N M agm a Cop conv 7s 1932-.J& D 53 M agnolia Petroleum Co— 101 D eb g 4M s ’26 & '2 7--F & A 15 90 M D eb g 4M s 1928-’3 4 ---F & A 1 5 M a llory SS 1st s f 5s 1932___J&J s 102 M anati Sugar 1st 7 Ms ’4 2 ..A & O Manufacturers’ Finance Co— Col tr 6% notes 1935____ A&O 107 % M arland Oil Co— 5% gold notes 1926_____ M & N 104 M 79 M c M y le r Interstate 7s ’43-J& D 98 M M id-Continent Petrol Corp— 108 1st s f 6M s 1940_________ M & S M id va le Steel & Ordnance— 98 99 C onv s f 5s 1936_________ M&S 93 H M ille r ( I ) & Sons 7s_________ 1934 102 M M onon Coal— See Chic In d & L 112 M orris & Co 1st s f 4 Ms ’39-J&J 7M % gold notes 1930---M & S 90 % M tge-B ond Co 4s ser 2 ’ 6 6 -A & O 5s series 3 1932___________ J&J 106M 100 M u rray B ody 1st 6 Ms 1934. J&D s 105 N a t Acm e 7 Ms 1931________ J&D N a t Distillers Products Corp— 7% conv guar notes 1930-M&N 103 M N a t Enam & Stpg 5s 1929--J& D N a t Leath 8% notes ’25-M & N15 5.25% N a t Starch deb 5s 1930 gu .-J& J N ational Tube 1st 5s '5 2 .-M & N 103 Natom as Co gen 6s 1935___J&J 105M N ew Eng Nav-—See N Y N H & H 100M N ew Eng O il& R ef 1st 8s’31 M&S 102 H N J Zinc 1st 4s 1926________A & O N ew Niquero Sugar 7s 1932.J&J 105 M N ew R iver Co 1st 5s 1934___J&J N ew port Co 7s 1932________ M & S 106M N Y A irB ra k e ls t 6s’28 conv M & N 101M N Y Dock Co— 1st g 5s ’ 51 -F & A N Y & H ob F y 5s M a y ’4 6 --J& D Hoboken Ferry 5s 1946 M & N 114 N Y & N J Ferry— 5s ’4 6 .-J&J 101 N Y Shipbldg 1st 5s N o v 1 ’4 6 --93 M N ew Y ork Steam— See Publ c U t 106 N orw alk Steel 4M s 1929____ J&J] 121 N o va Scotia 8 & C 5s 1959--J&J 109M O ’ Gara Coal 5s ’ 55 op a ft’08 M & S Ogilvie Flour M ills 6s ’32___J& D Series B _________________ l Series C _________________ 100M Old Ben Coal 1st 6s 1944---F & A 95 Oswego Falls Corp 8s 1942__F & A 99 M Otis Steel s f 8s 1941________F & A 1st s f 7 Ms 1947 ser B ___F & A 93 Pacific Coast Co g 5s ’46___J&D ___1 125 129 103 87 M 102M 94 M 94M 93 102 M 95 103 99 M 71 65 M 71M 67 88 M 88 M 88 K 89 96 81 106M 100 M 96 M 82 M 94 91M 101M 102 96 M 96 M 96 96 M 102M 103 M 97 M / 98 103 107 M 51 101 107 49 92 M 102 M / « 92 M 16 45 k i 92 M 93 M 103 M 93 M .18 48 93 91 97 M R R of N J p 3 1 103 103M 119M 119M 100 100 M 115 96 M 95 114 115M 9oH S6 116 84" 99 M 88" 99 M 98 90 99 M 100 M 95 M 96 90 M 99 R y p 32 82 K 101M 77M 96 17M 80 99 M 101 98 M lO iM H RR n 95 98 103 90 M 101 83 102M __ - 97 M 97 k 81M 101 ______ 101M 102" 100 _ 105 90” 104 80 90 88 86 78 ilities 30 74 68 r 103 M r 103 M r It 3M 97 93" 104M 81 97 M 92 M 90M Corp 98 M 93 92 M 105 M 1st lien equip 7s 1930____ F& A 108 S f 6s 1934_______________ M & N Park Lexington— 95 — 1st leasehold s f 6M s '5 3-.J& J 95 Park & T ilfo rd s f 6s 1936--J& D 102 M Penelec Coal 6 Ms 1944------F & A 103M 85 % Penick & Ford 6M s 1943___J&D Penmans L td — 1st 5s’26op M & N r 98 M Penna C & C 1st 5s ’32 o p .-J & J 103 Penn M a ry Steel— See Beth Steel 100 103 M 105M 109 103M 100 5) r Canadian price s Sale price. ______ __ ______ 82 33 75 ______ ______ 104 ____ _ 97 M 95M 96 105" -- - 44 INDUSTRIAL AND MISCELLANEOUS BONDS AND STOCKS [Vol .1 0 2. NOTICE.— All bond prices are "and interest ’ except where marked " f ’- and income and defaulted bonds. B onds. P o rt 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 M a y 15 ’31. -M&N15 Pow ell R iv Co 6s ’26-’2 7 .-.J & J Power Corp o f N Y 614 s ’42. 100 1st M s f 6s 1942 B . . . M & N Pressed Steel Car 5s 1933___J&J Price Bros & C o Ltd— 1st M 6s 1943__________ Producers & Refiners Corp— 8s 1931 (w ith warrants) J&D W ithout warrants attached _ Punta Alegre Sug s f 7s ’27. J&J Pure Oil Co 6 % % notes ’33-J& D Remington Arms 6s 1937..M & N Republic Ir & Steel 5s ’40. A&O R e f & gen 5%s ’53 ser A ..J & J Rim a Steel Corp— 1st s f 7s 1955. . . F&A Riordon Pulp & Paper L td — 1st 6s June 30 1942____J&D30 Robbins & M yers 7s 1942 . J&D Roch & Pitts C & I 5s ’46 M & N 1st s f g 4% s 1932 opt . .F & A R ocky M tn Fuel 5s 1943 . Rogers-Brown Iron 5s ’26-’40 J&J Gen & re f 7s 1942. . . . M & N St Joseph Stk Y ds 4% s ’30. J&J St Lawrence Pulp & Lumber—1st M 6s 1926-1929______ F & A 1st M 6s 1930-1933 ...F & A St Regis Paper 6% s ’25-’29 .J& D 6% s 1930-1934___________ J&D St Louis Brew Assn 6s 1939..J&J St L N a t Stock Y ds 4s ’3 0 .. J&J St L R k y M t & P 5s ’55 stpd J&J Saks & Co s f 7s 1942____ M&S Saxon Pub W ks (Germ any)— 1st extl s f 7s 1945____ __ F & A Securities Co N Y 4% cons M & S Sen Sen Chiclet— See A m Chicle Sharon Steel Hoop 8s 1941 M&8 Shawsh M ills 7% notes ’3 1 ..A & O Sheffield Farms Co— 1st & re f 6%s 1942______ A& O Shults Bread 1st 6s 1940 ..M & S Siemans & Halske— 3-year sec s f 7s 1928______ J&J 10-year sec s f 7s 1935____ J&J Sinclair Cons Oil Corp— 1st 1 coll 7s ser A 1937.M&S15 1st lien coll 6 %s ’38 ser B J&D 1st 1 6s ’27 C with w arr..J& D Sinclair Crude Oil Purch Co— 6% notes ser A 1928.. F&A Sinclair Pipe Line s f 5s ’42 A&O Sizer Steel 1st 7s, 1937 ____ M & N Skelly Oil 6 % % notes ’27..A & O bBasis. 100 100 100% 100% 100% 100% 106 103 96% 105 96% 107 102 101 85 s 99 92 97% 94 98 92% 100% 101 94% io o % 112 no 101 101 86 % 94% 91% 89 r 98 65 91 % 98% 55 95% / f ----____ 100 98 94% 80% 106% 92 54 107% 101% 106 97 98% 96 91% 85 H 106 % 100% 84% .... 107% f Bid. B onds. Ask. Bid. Pennsylvania Steel— Pa & M d Steel con g 6s’25-M & S Span-Amer Iron 6s 1927.-J&J Phila & Read C & I 5s 1973.J&J Phillips Petroleum Co— D eb g 7% s ’31(with w a r)_A & 0 W ithout warrants. Pierce-Arr M o t Car 8s 1943.M&S Pierce Oil 8s Dec 15 '31..J& D 15 Pillsbury Flour M ills Co— 1st M 6s 1943___________ A& O Pittsb Brewing 6s Feb 4 ’49-J&J Pitts Coal deb 5s July ’3 1 ..M & S Pittsburgh-Westmoreland Coal 1st s f g 5s 1947 o p . ____ M & N Pleasant Val Coal 5s 1928.-J&J Pocahontas Consol Collieries— Sloss-Sheffield Steel & Iron— 101% 6% s f gold notes 1929-- F & A Solvay & Cie 6s 1934 . . . A&O s 102% South' Porto Rico Sug 7s '40 J&D 104 Standard M ill 1st g 5s ’30 .M & N 99% Standard Oil (C a l)— 100% 5% serial notes 1925____ F & A 5% serial notes 1926_____ F & A 100% 5% serial notes 1927_____ F & A 100% 5% serial notes 1928_____ F& A 100% 5% serial notes 1929_____ F & A 100% 5% serial notes 1930 ____ F & A 100 5% serial notes 1931____ F & A 100 5% serial notes 1932_____ F & A 100 5% serial notes 1933 .. F & A 100 Standard Oil o f N ew Y ork — 6% % g deb M a y 1 '3 3 ..M & N 107 Bid. B onds. Ask. 102 103 101% 100 100% 101% 101% 101% 100% 10)% 100% 100% 100% 107% U S Smelt R efg & M ining— C onv 6% notes 1926 ___F & A United States Steel Corp— Col tr s f 5s A pr '51 op ’ l l . V a r Col tr s f 5s Apr '51 not op .V a r Col s f 2d 5s A pr ’63 op'13 M & N U niver’l Winding Co 7s '3 7 .-J&J Utah Fuel— See Den & Rio Gr. p32 Vacuum Oil Co 7% 1936-..A & O Vandalia Coal 1st 6s '30 op.J& J Van Slyke & Horton 7s 1938____ Vertientes Sugar 1st 7s 1942 J&D Victor-Amer Fuel 1st 6s '40-F & A Victor Fuel 1st s f g 5s 1953.J&J Virginia-Carolina Chemical— 1st s f 7s 1947 ser A ___..J & D Certificates o f deposit______ C t f o f deposit stamped______ S f conv 7%s 1937 ser A ..J & J W ith & without warr attach C ertif o f dep without warr C ertif o f deposit with warr Va Iron Coal & Coke 5s '49-M&S W ard Baking 6s 1937____ J& D 15 Warner Sugar R e f 7s 1941. .J& D W arner Sugar Corp 1st 7s '39 J&J W ayne Coal 6s 1937________M&S Webster C&C 1st g 5s ’42 op M&S W ebster M ills 6% s 1 9 3 3 ..-J&D W est K > Coal 7s 1944_____ M & N W est Virginia Coal & Coke— 1st M 6s 1 9 5 0 . . _____ ..J & J Western Elec deb 5s 1944..A&O Westinghouse Elec & M fg — 7% gold bonds 1931___.M & N Whitaker-Glessner Co 5s ’41 A&O 1st s f g 6s 1941___________ A& O W iekw Spencer Steel 7s ’3 5 .-J&J Ask. 101 % 10 1% 108% 108% 105% 101 109% 109% 105% 102% 105% ____ 102 92% ____ 55% 106 ____ 102% 94 ____ 60 / 92% / 89% / 84% 92% 92 87% 6% notes 1930.. . .......... M&S 98 99 62% / 62 101 Stand Steel Wks 1st 5s ’28. .J&J 99% 62% / 62 101% Standard Textile Products— 59% / 58 1st s f 6% s 1942. . . .M & S 94% 93% 90 91% 102% Steel Co o f Can 6s 1940____ J&J r 103 102 101 Steel & Tube Co o f Am er— 94% 94 Gen M s f 7s 1951 Ser C . J&J 107% 107% 80% 81% Sugar Estates o f Oriente— 37 33 96% 95% 1st s f 7s 1942___________ M & S 96 92 95 Sun Oil deb s f 5% s 1939--M & S 95% 96 98% 98 101% Superior Oil 1st 7s 1929 .F& A15 97 95 102% 102 Swift & Co 1st s f g 5s '44___J& j 100 99 , 114 5% s f gnotes Oct 15 ’3 2 ..A & 0 95% 95% 92 91% 111 Taylor-W barton I & S— 100 100% 93 105 90 . ..M & S 1st 6s 1 9 4 2 .____ 100% 82 85 1st & ref 7 %s 1946 Ser A .J&J 107% 107% 87 102% Tenn Coal I & R R 5s 1951 .J&J 102 ____ 92% 95% Ala Steel & Shipbldg 6 s '30 J&J 101 101% 102% 91% Tenn Cop Co conv 6s '2 5 .. M & N 101 100 84 81% Thyssen (A ug) Iron & Steel Wks 79 79% 89% 97% 98 100% 100% Willys-Overland 1st 6% s '33 M & S 104 Tid al Osage Oil s f 7s 1931 -F & A s 103% 97% 97 % 103% Wilson & Co 1st 6s 1941____ A&O 103% T id e W ater Oil 6% s ’31 F&A15 73% 66 Conv s f g 6s 1928___ — J&D f 72 % Transcontinental Oil— / 72% 73% 9o% 100 72% C onv s f g 7% s 1931____ F & A / 72 98 Traylor Eng & M fg 8s 1936.- . 96% 72 60 108 / 71% 105 Union Bag & Paper 6s ’42-M & N 95% Winchester Repeating Arms— 95% 102 1st gold 7 %s 1941_______ A&O 101% 68 Union Oil Co o f California— 84% 83% Woodward Iron 5s 1952 ___J&J 100% First lien s f 5s 1931 o p t___J&J 104 98% 103% Youngst Sh & Tube 6s 1943.J&J 98% 6s M a y 1 1942 Ser A - . . F & A 96% 96 S f g 5s Feb 1 1935--- ..A & O 106% E X C H A N G E SEATS. 107% Union Steel Co 1st 5s '52 gu. J&D N o . Last Sale 102 104% 105 8 Union Tank Car Eq 7s ’3 0 - -F & A $ ____ ____ _ 100 102% 102% N Y Stock Exch_ 1,100$101.000 United Drug 6s ’44 tem p A & 015 600 ____ N Y Con Stk Exch. 425 500 95 United Lead deb 5s 1943-. .J&J 1,100 1,200 N Y Produce Exch.1,800 1.200 95% United Oil Producers Corp— 81% 1st 8s July 25 1931-- -J&J25 s 31% s 33% N Y Cotton Exch . 450 30.100 28,500 32,400 ____ ____ 92% N Y C of & Sug Ex. 327 10,000 92 106% United Steamship 6s 1937.M & N 8,500 11,000 9,000 103% N Y Curb M a rk e t. 550 103 United Stores Realty 6s '42 A& O 92% U S E n v 1st 5s 1925-1934. . .J& D Baltimore Stk Exch 87 2,000 97% 6,000 57 7,500 99 Boston Stock Exch. 140 7.000 U S Finishing con g 5s 1929 -J&J ____ 105% 105% Chicago Bd o f T r 'd e l ,592 8.100 U S Rubber 7 % % notes ’30 -F & A ____ ____ 86% Chicago Stock Exch 250 107% 86 5,800 1st & r e f 5s 1947 Ser A ____ J&J 35 7.500 102% 6 % % serial notes 1926 --M&S 101 101 % Cincinnati Stk Exch 36 3.000 101 101% Cleveland Stk Exch 6 % % serial notes 1927. -M&S ____ ____ 50 4.000 107 101 101% D etroit Stock Exch 6 % % serial notes 1928___M&S 4,900 100 99 100 Los Ang Stock Exch 68 4,900 6 % % serial notes 1929___M&S 99% Louisville Stk Exch 29 1.200 6 % % serial notes 1930- .M&S 9 )% 3,200 99 98 9 «% Minn Ch o f Comm 587 3.200 6 % % serial notes 1931. .M&S 97 97% M ontreal Stock E x . 71 18,000 97 6 % % serial notes 1932 _ M&S 8.60C 9,200 96% 97% N ew Orl Cotton Ex. 500 8.60C 6 % % serial notes 1933-. M&S 97 700 91% 6 % % serial notes 1934.. M&S N ew Orl Stock E x 70 600 525 96% 2,600 86% 96% 96% Phila Stock E x c h .. 206 2,600 6 % % serial notes 1935- -M&S 96% Pittsb Stock Exch. 115 106% 96 1.700 1.80C 2,000 6 % % serial notes 1936___M&S 6 % % serial notes 1937 --M&S 95% 96 St Louis Exchange. 50 1,°5C 100% 95% 95% SanFrStk& BdExch 6 % % serial notes 1938. M&S 62 30,000 750 85 6 % % serial notes 1939.. M&S 95% 95% Washington Stk E x 40 500 50C 6 % % serial notes 1940— M&S 95% 95% 108% _ / T h is price includes accrued interest, kLast sale, n Nom inal, r Canadian price, sSale price. INDUSTRIAL AND MISCELLANEOUS STOCKS S to c k s . Par T E X T IL E M FG . > STOCKS. Bid. Ask. __ Davis M ills (F R ) Z Da vol M ills ( F R ) . Z Draper C o rp .. -100 Dwight M fg (Mass) Edwards M fg (M e ).i Esmond M (R I ) , p f Z Essex C ot M pf .100 E verett M (Mass) . Z Fairh M ills com. 100 P r e fe r r e d ____ 100 Farr Alpaca (Mass) Z Flint M ills (F R)__Z Franklin Co (M e )..Z Gosnold M (N B )..Z 62 72 500 25 94 60 205 100 146 IU6 140 116 85 95 125 175 52 130 Par Dartmouth M fg Corp (N B ) . 100 Per share. 40 45 85 50 86 90 76 80 Acushnet M ill (N B ) I Am Linen (F all R ) l American M fg 100 P referred .. .100 Amoskeag M fg (vol61% untary assn) _ (t ) t Preferred . . . _ (+) 71 Androscog M (M e ) Z Appleton Co (Mass)Z Arkwright M (F R ) I Arlington M (Mass)Z 91 Barnard M fg (F R ) l Bates M fg (M e ). 100 195 Beacon M fg (N B ).Z 125 ! Preferred 100 Berkshire C ot M fg . Adams, Mass 100 142 B lgel-H artf Carp’t . t 103 1 Preferred . 100 103 Booth M fg (N B )..Z 4 Preferred . . .100 105 B oot M ills (Mass) . Z n o Border C M fg (F R ) Z Boston M fg pref.100 91 Bos Duck (M a ss )-.c 90 Bourne M ills (F R ).Z Bristol M fg (N B )._Z Butler M ill (N B )..Z 110 Cabot M f g ____100 Chace M ills (F R ) . . Z Charlton M ills. .100 Chicopee M fg (pf) _ .1 C ity M fg C r’p (N B ) Z 100 Con tin'1 M (M e ) 100 120 CornellJM.ills (F R ).Z S to c k s . __ 110 135 120 Granite M ills (F R ).Z G t Falls M fg (N H ) Z Grinnell M fg (N B)_Z Ham ilt M fg (Mass) Z Hamilt W (M ass). Z Harmony M ills pf .Z Hathaway M fg (N B )/ H ill M fg Co (M e )-.Z Holmes M fg (N B )-.Z Preferred. . ..100 Home Bleach & D W f P referred .. ..100 Ipswich M ills ..100 P r e fe r r e d .___100 Kilburn M (N B ). Z King Philip M (FR)/ Lancas'r M (Mass).Z Preferred . _ 100 Laurel Lake com ___ Lawrence M fg (M ).Z Lincoln M fg (F R )..Z Lockwood Co (M e).Z Bid. Ask. Per share. 140 85 85 40 152 25 70 96% 97 164 90 200 64 14 100 42 70 110 30 90 __ 10 24 61 120 134 95 7 40 S to c k s . Par Luther M fg (F R)__Z Bid. Ask. Per share. 130 115 140 38 42 91 96 70 75 85 Ponemah M (Proy).Z Bid. Ask. Per share. __ 40 6 Assessment paid, c Par value $700. d Price per share, not per cent, h Par value $1,000. A Last sale. Z Par Talue $100. : n Nom inal, r Canadian price, s Sale price. (N e w stock, x Ex-div. y Ex-rights, z Ex-stock d iv. W ithout pai1 value. Par 95 95 Quissett M ills (N B ) Z 145 150 Preferred_____ 100 100 Rich Borden M fg Co (F R ) ____ 100 98 99 Sagamore mfg (F R ) ________ 100 77 185 Salmon Falls M fg Co (N H )_____ 100 k 50 Seaconnet M (F R ).Z Sharp M fg (N B )._Z 35 39 65 Preferred____ 100 56 95 Shawmut C ot M ills 114 (F R ) com ____ 100 140 65 Preferred . ..100 100 Shove M ill (F R ).1 0 0 55 Skenandoah Cotton 110 Co (U tic a )____100 20 10J 180 Soule M ill (N B).100 190 198 Stafford M (F R )..Z 40 60 Stevens M fg (F R)_Z 120 225 Taber M ills (N B) .Z 100 105 Thorndike (M a s s ).. 10 Trem ont & Suffolk M (M a ss)____100 37 50 T roy Cot'n & W ool’n M fg (F R ) ____500 200 Union Cot M f (F R ) Z 102% 58 107% 50 60 77% Utica Kn it C o___100 Preferred . ..100 90 60 80 3l Utica Steam & M oh Val Cot M fg ____ Z 118 121 55 Wampanoag M ills 2i (F R ) _________100 115 75 Wanjsutta M (N B ) Z 450 82% Mass C ott M ills . 100 Mechanics' M (F R ) Z Merch M fg ( F R ) ___Z 155 30 Merrimack M f g ____ ( M a s s ) ____ .100 85 94 P re ferred .. .100 73 97% Middlesex Co (M )_ _ 100 M t V-Wood M ills (B alt) v t r ____ 100 10% 35 45 Preferred v t r.100 63 167 Narragansett M ills (F R ) _________100 N asha w e n a M ___100 110 Nashua M (N H ) 100 60 t>4 69 P r e fe r r e d ____ 100 95 70 N a t Fabric & F in. 100 105 18 Preferred_____ 100 98 Naumkeag (M a s s ).. 105 45 Steam Cot Co.iOO 193 N eild M ills (N B ). Z 210 76 93 N ew B edf’d Cot M Z 100 125 98 Preferred___.100 New Eng Sou M 8 35 130 Preferred___.100 27 100 Newm arket M fg . 1 Co (N H ) _____ 100 Nonquitt Sp (N B ).Z 70 Osborn M ills (F R ) Z 27 Pac M ills (Mass) 100 65 59 Parker M ills (F R ) .Z 125 P r e fe r r e d ______ ____ Pemaquid M . . .20 93 Peppereil M fg (M e ) Z 110 100 Pierce M fg (N B ) . Z 400 14 Pilgrim M new _ . 145 75 Pocasset M fg (FR)_Z 90 104 100 S to c k s . t m 1st install, paid, Stock s. Par Weetamoe M (F R ).Z Whitman M (N B ). I Winnsboro M pf.100 Y ork M fg (M e ). 100 Bid. Per 10 1 Ask. share. 45 no 10 2 60 80 Abbeville C M (SC)Z Amer Spinning C o .. Anderson C M (SC)/ 103 260 Arcadia M _____ 100 Preferred 210 10 2 10 0 20 no 266 91 84 250 105 105 25 925 405 65 90 S ou th ern M ills. Augusta Fac (G a)./ Avondale M ills ____ Belton M ills (S C )./ Preferred_____ __ . Bibb M fg _______ 100 Preferred.100 Brandon M , pref. Brogon____ _____ 100 Brookside M ills . 100 Calhoun M ills . . . . Chad wick- H oskins25 Chesnee M . . Chiquola M fg ______ Clifton M fg (S 0)100 Columbus M fg (G a) Converse (D E)_100 Dallas M fg (A la) .100 D arl’g ’n M fg (S C )./ Drayton M ills___100 Dunean . ______ 100 Preferred ________ Eagle & Phenix M ills (G a )____ 100 Easley C ot M , pref Enterprise M f (G a) Z Gaffney M fg (SC )./ Gainesville C ot M Glen wood M ills____ Granteville M fg . 100 Greenw’d C M (SC)/ Preferred______ 50 Hamrick ________ Hartsville C ot M ___ 88 80 875 395 63 96 2>5 10 1 97 220 106 Marlboro C M (SC ) / Mass M ills (G a )____ M ills M fg Co (SC)./ Mollohon M f g . ___ Monarch C M (SC) / Musgrove M ills _ _ Newberry C M (SC)/ Ninety-Six M ills . . N orris C ot M ___ Oakland C ot M ____ Orr Cot M (S C )-10 0 Pacolet M fg (S C)./ Preferred____ 100 Panola-C M A pf 90 Phillips B u ttorff M / 525 680 520 100 550 700 530 725 815 1125 1015 Phoenix (Fire) . 100 Life Insurance. 610 75 ) 580 565 750 825 Sterling F ife_____ 10 d 1 1 1025 1214 Per cent. 118 130 265 94 130 250 133 113 63 130 83 135 275 96 134 M in n eapolis. N o r’west F & M 100 Per share. 185 190 137 117 65 140 87 10 0 92 95 94 97 165 93 90 170 95 88 91 165 135 118 160 125 U5 135 400 250 46 135 149 155 103 10 0 50 140 160 165 190 10 1 193 inq 125 140 115 134 150 134 124 53 140 130 55 285 105 127 108 130 10 0 12 0 150 10 1 96 207 104 85 18 165 124 135 80 126 84 103 98 211 106 90 20 175 126 137 113 91 206 10 95 75 160 34 65 95 52 107 113 155 70 07 140 40 95 142 112 93 N ew ark . 22 Firemen's________ 50 230 450 N ew H aven. R ights___ __ d N ew O rleans. Lafayette____ ____ 50 8 85 814 Per share. 240 Per share. N ew Y o rk . Amer Alliance. 100 300 305 Bankers & Ship. 100 2 2 0 C ity o f N Y _____ 100 268 278 Commonwealth .100 300 Continental _____ 25 d 109 110 Fidelity-Phenix__ 25 d 161 163 1300 1350 Great American. 100 273 276 Hanover _________ 50 d 18') 190 352 355 Lincoln__________ 20 d 6'»54 7114 M e t Casualty In s. . 80 85 National Liberty.50 d 2 2 0 d 210 220 255 d 98 106 Pacific Fire______ 25 d 175 185 Russia Ins. _____ 25 d 93 9314 Rights . . . . s 414 Stuvvesant . _ 100 175 185 United S t a t e s ___20 d 138 148 W estchester___ .10 d 43 44 P h ila d elp h ia . Alliance o f Phila__10 Fire Association. .50 Ins Co o f N A ____10 Ins Co State o f Pa 100 People’s N at F ire___ Phila L ife . . . 10 Reliance . . . ..5 0 United Firemen’s. 10 Victory ________.50 48 268 5314 50 273 20 0 105 10 2 k 28 k 1014 105 k 15 105 P rov Wash’ton___50 380 390 R ich m on d . Virginia F & M ..2 5 Deposited Stock. . 85 85 8S 88 15 37 60 3 16 25 39 63 5 83 87 San F rancisco. Firemen’s F u n d .100 t 81 Home Fire & Marine d 30 82 St. L ou is— Cent States L ife ___5 Continental L ife____ Missouri State L.1 0 Internat L i f e . ___50 St. P a u l,M in n . St Paul F & M ___25 103 20 S p rin g fie ld ,Mass Springfield Fire & M/ 417 American . . .100 Corcoran ________ 50 Fireman’s . . . .20 National Union___5 225 150 26 1414 W h e e lin g ,W .Va Wheeling Fire 1.100 420 M IN IN G S T O C K S . __ 85 62 Callahan Zinc-Lead C o ____________ 1 C Calumet & A riz .1C Calumet & Hecla.25 Carson H ill G M . . 1 10 0 k 150 37 415 145 See N Y 100 64 Per share. 26c. 10 2 ____ 714 2414 3614 Stock s. Par. Bid. Ask. 50c 1014 2 K 2 0 c. 154 30 1 514 914 714 25 3614 1014 114 31 114 514 10 214 4714 13 15c. S tock s. Par. Bid. Ask. Per share. Per share. Cerro de Pasco ._ t 45 Vs T I T L E G U A R A N T EE & 4554 Chili Copper_____ 25 32 54 3214 S A F E D E P O S IT S T O C K , Chino Copper_____ 5 1914 Consol Copper . .1 214 American Su rety.50 d 135 254 243 Con M in & Sm ..2 5 r 6914 6914 Bond & M Guar. 100 240 ____ Chicago T & Tr.100 410 Cop Range Con 100 X 2 1 54 22 175 Crown Reserve____ 1 r 38c. C ity S D (A lb ,N Y ) 100 170 Columbia T itle Davis-D aly C op___1 7c. (W ashin gton)___5 d 714 Stamped . . . 4c. 854 DeBeers Con M ____ 2014 2214 Fidelity & D (M d ) 50 d 92 1314 14 90 East B utte____ 10 4 Preferred___.100 354 Federal M & Sm 100 15 1614 Lawyers’ T itle & 225 235 52 54 207 Lawyers’ M C o. 100 204 First National O 18c. 24c. Louisville T itle 1 D Cop ($3.75 pd) 5 1 Maryland Cas Co 25 d . 50c. 9254 s 4c. M ortgage Bond. 100 128 135 Goldfield Consol 207 211 N a t Surety C o .. 100 New Amsterdam Granby Cons M S Casualty (B alt) 1 0 d 4414 & P o w e r.. .100 44 54 14 1414 339 N Y T itle & M t g 100 33 1 Granlte-Bi-M etalic 40c. R E T Ins (Wash) 100 140 (St Louis) ___10 35c. 150 20 0 T it Ins & Gu(SanFr) 250 Greene-Cananea .100 1214 ____ 75c. 1 T itle Gu T r (S tL ) 100 Hancock Cons ..2 0 4754 Hollinger M ines___5 r 14 14.10 U S Casualty. . 100 320 335 46 USFidel& G u(M d) 50 d 186 Homestake Min.100 4114 U S T itle Guar. .100 227 2 3 5 '7 Howe Sound Co 16 1514 IN D U S T R IA L A N D Inspiration Cons 2214 2214 M IS C E L L A N E O U S 127 Island Creek Coal ..1 125 67 95 Abitibi Pow & Pap.t d 63 Preferred________1 94 12 Preferred___ 100 r 108 U 14 90 >4 9 l" Kennecott C o p ___t 47% 4714 Adams Express .100 15 Kerr Lake . . . 5 114 Advance-Rum ely 100 1H 51 Lake Copper___.25 Preferred . 100 114 1 *4 48c. Aeolian-Weber 42c. LaRose Mines L td .5 20 Piano & Pia n . .100 LaSalle Copper. .25 25 1V s 114 98 101 Preferred_____ 100 Magm a Cop C o___t 3814 3814 1011 Mason Val Mines. .5 1 4 A ir Reduction____ t d 10054 114 80c. A jax Rubber _____ + d 13 >4 Mass Cons ____ 25 60c. 131 70 M ayflow er Old Col25 11 4 114 Alabama C o ___100 60 Albany C o m .. .100 70" 17 M cIntyrePorcupine5 1614 M iam i Copper . .5 9 914 Albany (N Y ) Safe Dep & Storage 100 160 170 Michigan . . . .25 28 29 C orp_____ ____ t d 8454 Motherlode C T n . . t 614 654 / 11954 12 Nevada Cons Cop 5 1154 Preferred___ .100 s 5 1914 19M 50 30c. Prior pref ..10 0 N ew Dominion A t .1 2 0 c. ____ 28 Senior p ref. .100 N ew R iver Co ..100 58 Allis-Chalmers M fg Preferred . . .100 40 76 77 514 514 Preferred 100 105 106 lVs 114 35c. 2 0 c. 109 90c. Ohio Copper . __10 70c. Preferred___.100 Amal Sugar com _ _ t d 94 96 20 Old Dominion Co.25 19 9514 9454 Ontario Sil M in . _ t 1 st preferred. . 1 0 0 614 514 19 19$$ Park C ity M & S .5 414 Am Agri Chem . 100 414 49 $4 6 c. 4954 Preferred___.100 P it & MtShasta Cop Am Bank N ote __50 d 161 171 Pond Creek— Preferred 50 d 5654 1214 1114 22 Am Beet Sugar 100 3854 Q u in cy.. . .25 21 4054 84 40 Preferred___.100 8 154 Rand Mines, L td . 3 • Vf < 113 116 R ay Cons C op___10 1214 American B ook. .100 1154 29 Am Bosch M agn’o . t d 28V b 47 St Joseph Lead___10 4614 Am Brake Sh & F_ . t d 1 2 )4 104 St M a ry ’s Mineral110 31 30 K 5c. American Can i7 i$ 4 San T o y _1 4c. 100 17154 Preferred . . 100 11654 Seneca Cop Corp t 11814 75c. Am Car & F dy .100 Shannon______ .10 55c. 196 5 4 198 100 N ew (tern c t f ) . ( t ) d 98 Shattuck Ariz CoplO 6 614 124 75c. South Lake _____ 25 25c. Preferred___ 100 12 2M 6 8 Superior & Boston 10 98c. 1 Am Caramel . .100 65 68 23 Am Chain Class A 25 2314 Tennessee Copper 58 t d o5 & Chemical . . . f 9 54 Am C h ic le _____ 914 9-16 Tem p v t c . . . f d 5354 Tonopah Belm ont. 1 5414 14 90 107 214 2 Vs 2 3-16 Tonopah Ext M in .l 9554 Tem p v t c . . 100 Am Clear 100 74 76" 97 99 T u o lu m n e _______ 1 Preferred___ 100 United Verde Ext50c 2314 Am Coal o f N J ___25 d 63 2214 48" Utah-Apex ___. . 5 614 Am Credit Indem .25 d 47 6 Vs 128 132 Utah Consol. _ .5 Am Cyanamid 100 82 85 Utah Copper Co .10 85 Preferred ___100 8314 60c. 554 55c. 131 132 60c. Am Express. .100 A ictoria ________ 25 40c. ____ 25c. Am Fork & H oe . 100 94 15c. Winona _________ 25 25c. 1UJ54 Wyandot . . . .25 1 0 c. 1 st pref erred . . 1 0 0 44 46" 40c. American Glue 100 2 0 c. Yukon G old______ 5 116 Preferred___ 100 1 1 0 REAL ESTATE T R A m Hard ware . .100 8754 89 Am-Hawaiian SS 10 d 9V s Per share. 10 & LAND STOCKS J54 A m Hide & LeathlOO d 954 Albany T r (Bost)100 a 58 Preferred___ 100 6654 6714 ____ Am er Hosiery____25 d 2 0 Alliance Realty . . 100 125 30 , ____ Amer Ice C o____ 100 10014 Bedford T r (Bos) 100 a 57 10054 80 82 75 65 Bd o f T r Bid T r(C )./ a Am Intern C orp. 100 3454 35 Amer-La France Bos G r’d R ’t T r (C ) /a 109 940 Fire Eng In c___10 d 13 H Bos R E T (Bos)lOOO a 910 97 Bos Stor W ’h’se (B ) /a 1 2 2 Preferred___.100 9554 Amer Laundry Boston W harf C o../ a 1 1 2 ____ Machinery___ - t d 94 9454 Brom f Bldg T r (B ) J a 70 ____ Business R E T r (B ) /a 2 0 Preferred___ 100 12254 Amer Linseed .100 2754 2754 Cent Bldg T r (B )..Z a 6954 Preferred____ 100 Chic R E Trus’s 1000 a .0 0 0 6914 120 C ity R E T (C).IOOO a 500 Amer Locom otive, t d 11954 Congress St Associ120 Preferred___ .100 11754 185 ates (B o s t o n )_ / a _ 65 Am M ch & F d y . 100! 165 C ’gress St Big Tr(B )Z a Amer M etal Co . _ t d 46$4 4714 38 11454 Amer M u ltig r a p h ..t d ----21 DeVonish’ Blg T r(fi)/ a 10 1 10114 2 145 Amer Piano_____ 100 n 135 East Bos Land (B )_ . 125 Ensley Land C o___/ 115 Preferred___ 100 9314 9054 Essex St T r (Bost).Z a 65 Amer Pneu S e rv..2 5 d 2Y % 214 90 48 i Factory Big T r (B ) J a 1st preferred .50 d 45 F ifty Associates ( B ) . a3700 Preferred____ 50 d 17 1714 92 i H otel T r (B oston )..! a 130 Amer Radiator .25 d 91% ____ Kim ball Bldg T r(B )i Preferred___ 100 x 125 130 75 Realty Associates o f Am R y Express 10C 7754 7814 210 47 54 Brooklyn com . t 205 Amer Repub C o r p .t 93 52 (0 Am Rolling M ill .25 d 5154 1 st preferred.. 100 84 2 d preferred. 100 81 7% pref (n e w ). 10C 10754 10814 Texas Pacific Land 310 Trust ctfs____ 100 295 m __ 43 Per cent. 84 54 Atlantic Mutual— 1923________ . . . f 10114 10214 115 / 1 0 1 >3 103 1924______ 95 10 2 1925----------------10314 75 Adventure Cons..2 5 Ahumada Lead C o. 1 Alaska Juneau Gold M ining_________1 C A lg o m a h _________25 Amer Zinc Lead & Sm eltin g____ 25 Preferred______ 25 Anaconda Corp..5C Arizona Com’cia l..5 Arcadian Cons___25 Bingham M ines. _ 1 C Bonanza Dev C o . 1C Butte Cop & Z C o .5 36 V82 23 240 M A R IN E IN S U R A N C E S C R IP . 175 L ib e r t y __________ 5( R e lia b le . .......... -2( 609 725 570 560 114 IN S U R A N C E STOCKS. B r o o k ly n — D a y to n . H a rtfo rd . Aetna (Fire) 100 Automobile In s. 100 Hartford Fire .100 Full paid rets. ._ H artf Steam Boil In s p & I n s .. . 1 0 0 Aetna L ife ..' Ask. Per share. 200 C an ad ian M ills. Oan’n Connecticut Cum p ref. . .10C 40 Can Convert, L td .i r 82 Can Cottons, L td 10C r 1 1 2 r 93 Domin T e x t, L t d . - t r 74 r 115 M ontreal Cottons . r 98 Preferred10( r 114 Penmans, L t d . .10( r 148 Preferred___ 10( r ____ B oston . B oston. ___ -1(X Colum N a t Life.lOC Conveyancers’ T i t l e . . . . . ..1 0 ( Bid. Par L ou isv ille. Liberty_____ __ ..5 0 Piedmont M fg (SC) / Poe, F W . M fg (SC)/ 1 1 0 Poinsett M ills _ 100 _ Riverside & Dan R iv 2 0 0 R iv ersid eM . .12.50 954 90 Sibley M fg (Ga)-100 70 Spartan M ills (SC )./ 150 Toxow ay ____ 25 32 Union-Buffalo M 60 1 st pref______ 10 0 94 2 d pref. 10 0 51 Victor-Monag C o . / 105 Preferred_____ 100 no Ware Shoals M fg 100 149 W a tt M ills. 94 1 st preferred___ 135 Webb M fg (Nash)./ 20 West Point M fg . 100 Whitney M fg (SC)./ 91 Williamson M ills . . 195 W oodruff M . . .100 139 Woodside Cot M 100 1 1 0 Preferred____ 10C 91 B altim ore. Central F ire___.1 ( Stocks. D etro it. Detroit F & M . 50 Michigan F & M .5 0 114 112 10 0 20 0 Judson . ______ 100 Preferred100 King.J P .M fg (G a)./ Lancaster C ot M Laurens C M (SC ) Z Limestone C & M _ 45 INDUSTRIAL AND MISCELLANEOUS STOCKS M a y , 1925.] ^ __ 214 48 1314 25c. 10 a Purchaser also pays accrued dividend. 0 Assessment paid, d Price per share, not per cent, h Par value $1,000. k Last sale. / Par value, n Nom inal, r Canadian price, s Sale price, t N ew stock, u Ex-cash and stock dividend, v Ex-stock dividend, x Ex-dividend, y Ex-right*, t W ithout par value INDUSTRIAL AND MISCELLANEOUS STOCKS 46 . S tock s. Par. Bid. Ask. Stocks. Par. Bid. Ask. Stocks. Par. Bid. Ask. [ V ol . 120. Stocks. Par. Bid. Ask. Per share. Per share. Per share. Per share. A m Safety Razor_25 d 53 X Brit-Am er T o b ___£1 i 27 X 54 FishB ’dyO hiopf.100 d 103 109 28 K Congoleum C o___t i ____ American Screw. 100 Ordinary bearer £1 i 27 K 95 100 Preferred_____ 100 Fisk Rubber c o m .. t 103 28 K 101K 14K 14K ___ British Col Fish & A m Seed M ach___50 i 321* Congoleum -Nairn.. t 1st preferred .100 85 25 87 26 K I Preferred. . . 100 65 Packing____ 100 30)* Conley Tin Foil _t d 2d pref 7 % ...1 0 0 31 2K 3K Am er Shipbldg.-lOO 49 British Empire 50 Consol Car H eat. 100 Fleishmann Co __t< 44 48 83X 83)4 Preferred___ 100 Steel com . .100 87 ___100 112 preferred IK 2 K Cons Cigar C o r p . .f d 27 K 28 K Am er Ship & Com1st p r e f ______ 100 1-8 Ford M o t o f Canada 475 27 30 Preferred_____ 100 83 4^0 merce___ . ___t i 10X 2d p r e f.. .100 101* 7 9 Cons Coal o f St L . 100 55 Fostoria Glass. .100 d . c 140 AmSmelt & R efg. 100 78 92 X 9214 Brown S h o e ___100 5K i 10 K 78K Consol Distrib____t d 5 X Foundation C o___t 109)4 P r e fe r r e d .___100 1051* Preferred . ..100 107 Franklin (II H ) M fg 17 100 Cons Ice (Pittsb).50 da I X 101 19 Am Snuff com___100 140 1431* Brunswick-BalkePreferred______ 50 d ____ P r e fe r r e d - ___100 78 81 Preferred . _ _ 100 100 102 F ’klin Simon p f. .100 10’ X Collender_____ (t ) i 32)* 34 Consol T e x tile____t d 3 3K 103 X A m St F ’dries.33 1-3 i 471* Preferred. _ .100 102 Cons Coal o f M d .l 00 Freeport T ex C o. . t 1 I0 K 4814 104 42 40 X 11 Preferred ___100 1101* Brunswick Term & 110 Preferred___ .100 Gale’na-Sig O il..l0 0 53 55 American Stores___t i 531* 54 R y Secur Co— See Steam RRs Consumers C o .. 100 Pref (o ld )........ 100 3 112 113 2K Am Sugar Refg__100 Pref (n ew )____ 100 61 61 Preferred___ 100 6114 Buckeye Pipe L ..5 0 d 60)4 30 35 101 105 Preferred___.100 96 97 Bucyrus com____ 100 128 _ 130 Cont Baking A ____t d 11^ 117)4 Gardner M otors_ f i OK 10X A m Sumat T o b . . 100 91* Preferred _ 100 102 t d 25 K Class B ____ 9)4 25 K Gen Am Tank C a r .t 1 4 K Preferred-.100 36 Burden Iron pref. 100 101 38 98)4 105 Preferred ___100 1st preferred .100 95 X 97 (5 K A m Thread pref___5 d 31* Burns Bros 7 % pf. 100 94)* 97 Continental Can___t d 6 i 49 64)41 Gen Asph co m .. 100 50 K Am T ire & Rub com . 10 Prior pref'ce. . 100 11 5 preferred. ..100 Preferred_____ 100 4 117)4 114 09 K 91 114K 4 102)* 9K d 129 30 d V 102)4 13 > A m T o b stm pd___50 d 911* Class B com s tk .t d 21)4 i) * 2' Preferred_______ t i 115 21 K Continental Oil v t c d 23 X 120 Com B stmpd ..5 0 d 90 X Burr Add Machine, t d 7 ) 91 80 Corn Prod R efg. 25 d 35K 8 'K 8' 35)4 Gen d ig c o m .. .100 Preferred. ..100 10514 1051* Bush Term inal. .100 105 If 9 Preferred_____ 100 Preferred____ 100 121 123 104)4 109 A m T y p e Found. 100 104 106 Preferred..100 80 Cosg-Meeh C oal_ t d 17 _ Deb pref........100 10714 77 20 109 P r e fe r r e d ____ 100 General Electric. 100 265*4 2 6 1051* 1071* Bush Terminal Cramp (W m ) & Sons A m V itrified Prod.50 d 20 Bldgs pref____100 97)* Sh & E B ld g ..100 50 52 Special 6% stk. 10 d 11 K 11 X Preferred_____ 100 80 Butterick C o____100 85 17 17 X Crescent Pipe L ..2 5 d 10K l i K Gen F ireproofing.. t d 2 ' 28 X American Wholesale 49 Caddo Cent O & R . t d K Preferred_____ 100 100 102 43 X Crex Carpet . .100 Corp pref ___100 100 California Cyanide 95 _ Crock-Wheeler . 100 26 General M otors_ t d 7.3 K 24 73)4 Amer Wind Glass 60 70 80 90 75 92 P re ferred .. ..100 s 112 C alif Pack C orp___t 104 Deb 6% stock. 100| 10 4K Crucible Steel___100 65)4 92 65 K ook Amer Wind Glass C alif Petrol ___25 d 29 29)4 Preferred_____ 100 92 Deb 7% stock. 100j 10 X <3 107 Machine______ 100 Preferred___ 100 112 113 $5 Gen Petrol______ .25 i 50 K Cuba Cane S u gar.. t d 10)4 11 50)4 95 Preferred . . .100 Cambria Iro n ____ 50 d 39 Preferred . . . 100 d 26 X 40 49 Preferred____ 100 48 K A m W ool (Mass) .100 Cuban-Am Sug___10 d 28 3814 Cambria Steel____50 d ____ 3?K 28 X Gen Ry Signal.. 100| 1 2 112)4 Preferred. . . 100 78 781* Campbell Baking. _t d ____ Preferred_____ 1001 Preferred. . 100 98 84 88 96 X A m W rit'g Paper.100 Preferred . _____ 50 d ____ Cuban 1iominican General Refrac____t d 42)4 43 Preferred_____ 100 4 K Gen Tire A T u b. .50 d ____ 4X 41* Canada Cem ent. 100 r 104)* 105 Sugar com ____ _ t d *X 240 Certifs o f depos. 3 Preferred_____ 100 r 113)* IX Preferred_____ 1001 Preferred_____ 100 114)4 101 38 X 38 K _ _ Anglo-Am er O il._ £ l d 25X 241* Can Fdys & Forg.100 Cudahy Pack .100 97 K 9SK Giant Port C e m ..50 d 3* 32 1 Archer-Daniels IVeferred_____ 100 r ____ 45 Cumber! Pipe L.100 142 (5 63 1 4 3 K , Gillette Safetv R az. J 13 M id com . . _ . t d 321* Cushman's Sons___t 67 |Gilliland Oil p f..l0 0 ! 3314 Can SS Lines____ 100 r 12 55 64 K 30 Preferred . . . t d 95 | 97 X Preferred. 100 r 45 Gimbel Bros____ t d ogu 7% pref____ 100 101 105 45 K 49K Armour & Co o f Del CanadianCar&F. 100 r 48)4 4 K 8% pref— ____t d 100 Preferred_____ 100 1 103 104 Preferred . . -100 Preferred . 100 r 84 9014 9114 t d 54 54 K Ginter C o________ t d 29 84 K Co^amel Fruit. 29 X Can Con Rubb.-100| r ____ Arm our & C o (111)— R igh ts_______ ____ d IK 128 l K j Glen Alden Coal . . i d 127)4 Com Class A — 25 d 20Vs Preferred_____ lOO.r 89 Glidden C o ____ .. t d 2 K D 1 Holmes L td . 100 x 245 1 2014 21)4 12 Com Class B ___25 d 11K Canadian Explos.100 100 102 Dan Boone Woolen Preferred____100| 85 89 Preferred __ 100 M ills___________ 25 d 851* Preferred_____ 100 85 P 0 2K 90 2 K Globe-Wernicke _ 1001 87 Armour Leath com 15 d 4 41* Can Indus A lch ____ r 16)* 16)4 Davis C & C . . .100 Preferred_____ 1001 99 K 75 ____ 60 Preferred . _ . . 100 911* Can Locom otive. 100|r ____ Davison Chem____t 91 _ 8 28 K 28 K Godeh’x Sug In c_ t d 8)4 A rn old, Constable Preferred_____ 100]r 87 Devoe & Raynolds Preferred_____ 100 d 42 45 12 91* Can Woollens___100!r & C o____________ t d 9 9 Inc 1st p re f_ 100 _ Gold Dust C orp____Id 38 X 97 38 X A rt M etal C on___10 d 11 16 55 Preferred___ 100 r 51 Deere & Co pref. 100 96 K 53 X 97 K Goodrich (B K )____t d 53 X Arundel C orp____ (t ) d 2314 231* Canton C o______ 100 s 189 D L & W C oal. .50 d 120 1 referred_____ 100 ’ 123 97 X 97)4 Assets Realizat’n.100 Trustees certif.100 Det & C lev N av._50ld ___ Goodyear T ire & 1* 1 4 1«4 Assoc D r y G ’d s ..l0 0 18 Caracas Sugar____50 d 3 )* Tubber co m .. 100 120 39 3 1X 4 K Diamond M atch. 100 119 1st pref______ 100 99 981* Carib Syndicate. .25 d 144 Preferred_____ 100 4)4 4 K Dixon (J) Cruc. .100 138 95 X 9 "K 108 2d p r e f . _____ 100 105 Case (J 1) Plow Wks Dominion B dge.lO O r 89 K Prior pref_____ 100 89 X 104 103 K Associated O il____25 d 351* 351* Com ..(n o par) d )4 105 V Goodvear T & R of s X Dom Canners ..100 r 105K Associated Simmons 1st pref. .100 2 California p re f.. Preferred . 100 r 100 X 1)* 102)4 103 X 49 Hardware pf--100 51 2d p r e f.. . . 100 40 K Goodyear T & R of Dom Coal pref. lOOr 39 K )* A tl Fruit & S u gar._f d 88c. 98c. Case (J I ) Threshing Dominion Glass. 100 r . . Canada pref. .100 r 93 10 K 93K A tl Gulf & W Ind Mach c o m ___100 30 27 Preferred___ 100!r . . 112 Gorham M fg pf. 100 64 68 SS Lines______ 100 42 preferred. . 100 Grasselli <'h e m .. 100 128 4214 70)* 71 Dom I & S pref. 100 r _ __ 25 139 P r e fe r r e d ____100 45 41 Case Lockwood S' Donner Steel comlOO Preferred_____ 100 10 104 103 K Atlan Lobos O il___t d 3 31* Brainard C o. .100 250 Grat & Knight pf 100 2d preferred 100 40 32 35 Preferred___ .50 d 61* 8 _. f d ____ Celluloid C o____ 100 2) 25 Douglas P ectin .. _t d 15)4 16 K Gray & Davis. 1041* Atlantic Refin'g.100 10214 Preferred____ 100 85 95 Douglas Shoe pref 85 Gray & Dudley .100 81 80 84 Preferred . . 100 1111* d 24 11514 25 94 97 Atlas Portl Cem.100 136 131 Sugar Cos ___20 d 81 83 117 Preference (t ) d 97 K 115 97 K G t A & P Tea pf.100 ____ Central C & C ..10 0 Preferred_____ 100 120 60 Dom St Corp p f. 100 r 25 G t Lakes T o w ___100 63 60 62 K Atlas Powder_ . t d 47 Preferred_____ 100 69 72 |Dow Chem com .. + d 63 Preferred_____ 100 4914 65 92 Preferred___ 100 92 Great Nor P a p . . 100 255 9314 Central Leather. 100 15)* 16 100 102 I Preferred ____100 265 1Great West S u g ..25 d 93K 52 5* A tlas Tack . . ___t d 111* 121* Preferred___.100 jduPont (E I ) de N 53 94 Austin. Nich & C o .t d 2314 24 Central Steel_____ _ + d 45)* Preferred_____ 100 & Co c o m ,. .100 143)4 143K 108)4 109 Preferred_____ 100 92 89 P r e fe r r e d .___100 96 97 X Grnfld T a p A D nflOO 88 91 101)4 101X 1 Deben stock. 100 Auto Knitter Cent Teresa Sugar 10 d ____ s 70c. |Durham Hosiery.50 d 15 Grennan Bakeries, fid 18)4 5K 10X H osiery________ t d 21* 50 P r e fe r r e d ____ 100 Preferred . .10 d IK 214 97 43 K 100 I K | Preferred___.100 Autosales C orp___50, d 3 5 Century Ribbon Warrants . ____ d 80 102 'Eagle L ock______ 25 d 100 Preferred______ 5C d 13 16 Guantanamo Sug. | d M ills com . . t d 39 .. 5 d 3J* 4 4)4 5 4014 Eastern M fg Babcock & WU..10C 132 134 P referred .. .100 Preferred___.100 46 96 I Preferred___ 100 43 77 X 99 85 K Baldw Loc Wks.lOC G u lf Oil C o r p ___25 d n o t* 4 11014 Cert'n-Teed Prod t d 42)4 105 65 43 K East Roll M ill . _t d 102K Preferred___ 10C 1101* G u lf States St’1..100 1091* 1st pref______ 10C 94 P r e fe r r e d ____ 100 S 113 68 K 69 K 95K Baltimore Tube.lOO 22 2d pref____ .10C 1st preferred.. 100 101 109 105 82 K Eastman K odak, t d 108j* Preferred.10C 55 Champion Coated Hale < Kilburn. 100 fc 113 Preferred . . -100 Barnet Leather____ t d 321* 36 Paper . . . _ 10C 130 Preferred-. 100 15 Eaton Axle & S p ._ t d 14K 15 • 18 preferred .10C 94 104 P referred .. 10C 107)4 Hall Switch&Sig. 100 Edm ’s & Jones Cor + d 28 32 4 5 Barnsdall Corp IChandler M o to r ._ t d 34 Preferred___ 100 n 26 94 98 Preferred10C 30 34 K Class A 25 d 22 2214 Chapman Valve. 10C 210 Hamil-Br Shoe___25 d ____ Eisenlohr (O tto) & 225 45K Class B ________25 d 17 )* 181* 102 32 28 ___ 62 Rights preferred ..10 0 'd 1* 64 Elec Bond & Sh p f— See Pub Util 14 IChesebr'gh M fg .25 d 62)4 62K Bayuk Cigars___.f i d 39 391* 1 Preferred____10C (t) d 19 114 Elec Stor B att . t d 62)4 22 115 62 K Harbauer C o ., 7% 1st p f (new) 100 1 94 961* iChic June Rys & Elgin N Watch .25 d 64 K 65 K Harb-Walk Ref. 100 140 2d conv 8 % p f. 10C 93 Un St Yd stpd.lOC I 138 8 Preferred. ..100 Elk H Coal Corp.5C d 8K Beatrice Cream..5C d 61 63 Preferred___.10C 22 Harris Auto Press(t) d 28 98 Preferred. 10C d 30 97 K Preferred. . IOC 103 106 Hartman Corp __t d 27 K Chic Pneu T o o l.. 10C 83 K 27K 84 K Ely Walker D ry Beaver Board Co— Chic R y Equip .25 d ____ Goods________ 25 d 24 50 24 K Hart, Schaffner & Com v t c Cl A__1 d 41* 5 M a rx . . . ._ 100 121 104 P r e f e r r e d . . ___25,d 26 1st preferred 10C 102 123 26 K Com v t c C l B ..1 d 41* 5 Preferred 100 Chic W ilm & Frank 85 2d preferred 10 C 83 X 1st pref v t C..10C 35 Coal com _ __10C 22 25 Emerson-Brant. .10C I X Hawaiian Com & IX Beech-Nut Pack__2( d 66 631* Sugar _______ 25 d 47)4 10 48 Preferred____ 10C 85 Preferred 100 9 7% pref Cl B..10C Hayes W heel. . t d 31 K 115 66 1131* Chic Yellow Cab 1 d 48)4 53 Endicott-Johnson 5 d 65 C 35 Beth-hem S teel.. 10C 391* 114 Preferred___ 100 103K 104 Preferred___ IOC 3y X Childs Co com___t d 50 K 113K 50 X 94 7 % cum pref. . 10C 78 Hazel-Atlas Glass. 25 d ____ k 24 K 95 Preferred. __ 10C 114 116 Eureka Pipe L _ 10C 77 K 8% conv pref. 10C 1091* 1101* Cin T ob Wareh 10C 18 22 Exch B uff C orp. 1 d 16 16K Helme (G W ) Co Billings & Spen___25 d Common_____ 25 d 67 2 70 6 Cin Un Stk Yds 10C 138 Fair (Th e) Chic .1 d 32 K 33 Preferred______ 25 d ____ Preferred __ 10C 112 10 C ity Investing 10C Preferred . 10C 104 104K Bird & Son— Preferred____ 10C Fairbanks C o. 25 d 107 IK 3 K Hercules Powder 10C x 104 109 Prior pref . 10C Preferred .100 110 Cleve Autom obile. 1 d 24 10 1st preferred. 10C 5 109 24)4 106 K Bliss (E W ) C o ____ i d 16 161* H err-H -M arSafe 10C 3 Preferred- . 100 s 93)4 s 98 2d preferred_10C 1 125 140 P re ferred .. _ 5( d 53 Heyw ood-W ake55 Fairbanks Morse 1 d 35 C lev & B uff T r 1001 . . 100 36 2d preferred___ 1( d field Co . 10C 114 106 91* 101* Cleve-Cliffs Iron . 1 d 64 68 Preferred. 10( 118 105 Bloch Bros T o b . . 25 d ____ k 331* Cleveland Stone 10C 110)4 Preferred___ 10C 103 K Fajardo Sugar. _ 10C 115 115 113 Preferred____ 10( Hock Val P rod___1 d ____ C k 96 Clinchfield C oal. 1Of 34 3 6 K Famous PlayersBluenthal (S )— 100 Lasky C o r p . ___i d 97 K Preferred _10( 105 47 97)4 Hoe (R ) & Co cl A . _ 46 K Inc 7% pref___1 0C 751* Cluett, Peabody. 10( 64 Preferred . . 10( 108 H o lly Sug C o. . . t d 37 39 62 K 106K Booth Fisheries___' d 4 5 Preferred _10C Fay & Egan co m .l0 ( 74 Preferred___ 10( 107 92 95 105)4 1st preferred-.IOC H olyoke W a t Po.lOC 25 30 Coca-Cola C o _____ i d 102 K P re ferred .. 10( 88 80 480 102)4 Borden C o_________ ■ d 144 55 145 Federal M o t T r 1C d 25 Preferred_____ 10( 109 K 25)4 Hood Rubber___.1 d 54 Preferred_____ 10C 109 111 170 Federal Sug R efg 10C 52 Preferred . 10C x 96 Collins C o. . . 10( 175 45 99 Borne, Scrymser.lOC 210 Preferred _10C 90 H ood Rub Pro p f 10C 103 209 Colo Fuel & Iron. 1Of 35 . .. 34 K Bost Belting pf_.10C 28 33 5th A v e Bus term . ■ d 14K P re ferred .. 10( 109 14)4 H ooven Owens & 125 Boston W oven Hose Federated Metals • da 31K s 33 Rentschler pf.lOC C olt’s Patent Fire 80 95 & Rubber com.10C 69 72 Arms M fg ._ _ 25 d 29 K 30 Household Prod. .1 d 35)4 FirestoneT & Rub . 1( d ____ 120 36 Preferred___ .lO f 98 Houston Oil ctfs.lOC Colum Carbon, 6 % pref err ed _ 10C 99 60 d 46)4 47)4 99 K 59 X Briggs M fg . . . ( f d 36J* 37 Commercial Invest 99 Preferred ctfs 1Of 7 % preferred _ 10( 98 s 89 B rill (J G ) ______ 10C 85 Howe Scale pref. 10( 95 Trust . . . • dx 56 X 61 Fisher B ody new 2c d 65 K 66 58 61 ____ P r e fe r r e d ___10( Hudson M o t Car 1 d 50 K 51 1st preferred .10C 102 103 Preferred . . 10C ____ Bristol Brass. .25 d 6 Humble Oil & R 25 d 48 K 10 Com Solvents A . _■ d 93 4S X 98 Class B _______ ■ d 93 98 __ __ __ t a Purchaser also pays accrued dividend, d Price per share, not per cent, k Last sale. I Par value $100. n Nom inal, o Price per cent of val. Canadian price, s Sale price, t N ew stock. _a Ex-stock div z Assessment paid, z Ex-dividend y Ex-rights, t W ithout par. INDUSTRIAL AND MISCELLANEOUS STOCKS M at , 1925.] Stock s. Par. Bid. Ask. S tock s. Par. Bid. Ask. Per share. *>d share. Hupp M o to r_____ 10 d 163* 35 16% Library Bureau, (t) d 25 Hutch Sug P ltn ..2 5 a 13% Preferred_____ 10C 103 Hydraulic Pr Br.lOC 7 60% 7% L ig & M yers Tob.25 d 59% Preferred_____ 10( Common B ___.25 d 59 59% 895* 90 Hydraulic Steel___■ 0 120 Preferred. . _ 10C 116!* Preferred . . _1Of 64 Lima Locorn______ 1 d 63% 7% 9 Illinois Brick____ ( t Lindsay Ligh t___If 30 1% 23* Illinois Pipe L ___10C Preferred. . _ 1Of 6 145 1433* Imperial G la ss.. 10C 2234 L it Brothers_____ I f d 22% k 73 Imperial Oil new____ 0 29 La Loew's In c_________1 d 28% 28% 30 Imperial Tobacco 8 7% Loft In c___________ i d o f Canada c o m . .5 < a Long Beil Lum A ft) 49 50% Imperial Tobacco Loose Wiles B is.]O f 82 84 o f G t. Brit & Irel'd d 23% 1st preferred .. 1Of 102 I n7 23% Indepen B rew 'g ..5 0 a 101 2d preferred .. 1Of 115 3 Preferred______ 50 a 6% 210 8 191 Indep Oil & Gas___t d 25 10 > 1st p referred .. 100 90 25% Indep Pneum T o o l.t a 58 100 58% 90 2d p referred ..]O f Indiana Pipe Line 50 d 69% 70% Lorillard ( P ) _____ 25 d 34% 3 i% Preferred_____ 10C Indian M otocycle, _ t £ 15% no 16 1083* Indian K ef com ___10 d Louisiana Oil R ef ( f ) d 1 1ys 7% 17 8 Preferred_____ 10( 162 75 165 85% Ludlow M fg Assn___ 237 37% Ingersoll-Kand _ _ 10( Ludlum Steel____t d 67 243 Preferred_____ 10( 102 5 10 Lukens Steel____5C d Inland Steel_____ 25 d 38 % 38% MacAndrews & Preferred_____ 10( 1 105% 157 Forbes . _____ 10C 155 107 Intercont Rub__10( 1 101 Preferred. . 10C 100 6% 6% In t A gr Cor com ___1 d 10% Mackay Cos (See P ublic U tilities) 11 Prior pref ctfs___1 d 45 14 % Mack Trucks Inc . t d 144% 50 Int Business M ____t f l 119 107% 1st preferred .100 1083* 120 Inter Button Hole 102 101 2d preferred-.100 77% 5% Sew Machine. .10 a 5% M acy (R H )______ t d 77% In t Cement C o r p .. t d 61% 115 115% Preferred_____ 100 62 102% P re f (7 % )____100i 134 1013* Magnolia Petrol 100 133 In t Cigar M ach.1001 75 80 Mallison ( H R ) . _ . t d 263* 26% In t Combust En g__t d 35% Preferred_____ 100 92 903* 355* Int Educational 50 Manati Sugar___100 48 I Publishing c o m .50 d 15c. Preferred_____ 100 7 % 82 • 4 Preferred______ 50 d Manbat El Sup____t d 503* 51 5 107 % In t Harvester_ 100, _ Manhattan Shirt.25 d 23% 24 % 10S Preferred _ _ 1001 115 _ 106 Preferred_____ 100 115% In t M er M arine. 100 18 11% M aple Leaf M ill. 100 r ____ 12 41% Preferred_____ 100' 42 Preferred____ 100 r 97 98 Inter N ick el_____ 25 d 29 s 29% Maracaibo Oil 96 Preferred_____ 10( j d 26 263* 97% Inter Paper_____ 100 55% Marland Oil _ . f d 36% 56 37 3* Preferred_____ 10C 103 Marlin-Rockwell 73% P re f stamped. IOC 73% Corp v t c . . . _t d 11% 113* Internat Petrol____1 d 6 % 70% M artin-Parry C o r .t d 29 293* 70 Inter S a lt........... 100 2% _ 3% Mason Tire & R _ t d 77 Internat Shoe_____ f d 125 18 Preferred_____ 100 22 Preferred_____ 10C 1175* 10 119% Mass Baking com 100 Inter Silver_____ 10C 140 75 1st preferred..100 107 P r e fe r r e d .___10C 95 2d preferred. 110 56 In t Text B ook___100 Mathi'son Alkali .50 d 673* 69 59 .v 1 _ __ < Intertype C orp____t d 23 Preferred_____ 100 25 Invincible O il.. __t d ____ M axw ell-M ot A . 100 1n7 3* 10'3* 72 Iron Prod C orp____f Class B (no p a r). . d 84% 85 3* 85 ____ Preferred_____ 100 M ay (The) Dept 95 J R M ontgom ery 100 Stores Co c o m ..50 d 1043* 105% 105 Preferred _____ 100 125 Preferred. .100 122 Jewel T e a ______ 100 18 89 McCall C orp____ 100 94 19 106 Preferred_____ 100 1st preferred. . 100 123 107% Johns-Manv, In c__t d 1S j 90 M cC rorv Stores___t d 84 144 Johnson Tin Foil Non vot cm cl B . ( d 82 83 3* 65 & M e ta l______ 100 Pref with war. 100 17 Jones Bros T e a . . 100 107 103 Without warr.100 17% Jones & Laughlin d 42 47 Steel 7% pref. 100 113 42 44 113% Mengel C o ______ 100 Jordan M otor C a r .t d 47 13 5 47% M erc Stores new . 100 d 128 Juncos Cent Sug . 100 90 M erg Linotype .100 181 125 1813* K C Stk Yds of M e .. 6o% 91 97% ' Merrim ac Chem ____ d 88 77 P r e fe r r e d .___100 203* 78% Metro-Gold Piet pref d 20 Kanawha & Hock 4 M ex Eagle O il. . .5 d 5 3 Coal & C o k e ..100 M ex Seaboard O il.- t d 163* 7 163* 40 t,% Preferred_____ 100 Michigan Sugar. .10 d 7 60 Kans & G u lf C o. .10 d 7% Preferred ..10 0 n % % Kayser (Jul) & C o_t d 25% 25% M id-Cont P e t___(t ) d 28 283* 1st preferred____t ,d 86% 7% preferred .100 84 85 90 Keith (Geo E) Co— M id States Oil___10 d % 3* 93 1st preferred .. 10C 94% Midland Steel Kelly-Sprm gf T ire 2->'d 17 101 Products p ref. 100 1003* 17% 49 6% cum p r e f.. 10C M idvale C o .. . . - t d H 243* 51 47 8% 2d pref...IO C M iller R u b b er.. 100 119 52 125 88 Kelsey W heel___100 Preferred _____ 100 102 103 96 107 P r e fe r r e d ___100 30 Mohawk Rubb.-lOO 35 112 Kendall M f g _____ f d 10 Preferred . . 100 68 75 85 Preferred. . .100 M oline Plow 1st ____ Kentucky W a g ._ 100 pref____ ___100 5 K eyst T ire & l i ___10 d 2% 2% M ontgom ery W ard Kinney (G U ) ____ i d 73% Co common _ _ . t d 47% 74% 473* 95 Preferred . . .100 Preferred. . 100 115 97 K irb y Lu m b er.. 100 100 112 Class A . ____ t d ____ ____ Preferred_____ 100 Moon M otor Car _ f d 25 253* Knight (B B & R ) pf Morris (P h ilip )___10 d 13% 2 143* rl , Kresge Dept Stores t d 32% Morse Tw ist Drill 34 ____ Preferred. .100 88 & Machinery___50 d 773* 90 Kresge (S S) C o . 100 375 % 183* M o t Wheel C o r p .(t) d 18’ 380 Preferred_____ 100 113 Mountain Prod___10 d 20% 115 203* Kress (S H ) & Co 100 311 Mullins B ody. - t d 18% 360 183* Preferred_____ 100 117 85 Preferred_____ 100 K u pp’h’mer (B )___5 25 Munsingwear In c _ .t d 303* 31 27 Preferred ..100 98 % 35 M urray Body . _.+ d 33% 100 Laclede Steel____100 130% Nash M otor (no par) d 354 360 135 Lake Sup C o rp .. 100 4 Pref Class A . .100 1043* 105 4% Lake o f the Woods Nash Wareh & El 100 5 M illin g. _____ 100 r N a t Acme C o ____ 50 d 43* 182 53* Preferred___ 100 rnl23 N at B is c u it_____ 25 d 65 66 Landers, Erary & Preferred. . .100 1253* C la r k __________ 25 d 72% 94 3* 733* N a t C a n d y .. . 100 953* Lanst M onotype 100 81 % 1st preferred. .100 82 1073* Larrowe M illin g ___t d 61 103 2d pref erred ..100 65 P re fe rre d .. . 100 106 68 N a t Cloak & Suit 100 70 Lauren tide Co 100 r 79% 102 Preferred. 100 100 80 Lee Rub & T ir e ____ t d 13% N a t Dairy P rod ___t d 51 14 513* Leh Coal & N a v ..5 0 d 88 N a t Dept Stores___f d 41 % 41 3* 90 Lehigh Y a l Coal 1st preferred. .100 96% 973* Sales. ____ 50 d 79 N a t Dist P rod ___(t ) d 333* 81 333* Leh & W -B C oal. 50 d Preferred . ( f ) d 64 653* Libbey-Owens N a t Enam & Stpg 100 253* 263* Sheet Glass____ 25 d 113 Preferred____100 75 78 116 P re fe rre d .. 100 110 N a t Fire-Proofing 50 d 13 14 114 Preferred ___50 d 33% Libb y, M c N e il & 333* L i b b y . . . . . .10 d 111 7% 114 7% National L e a d .. 100 140 1413* P r e fe r r e d .___lOO 119 1163* National Leather.lO d 4 43* N a t R ef com___ 25 d 38 40 ____ Preferred . . 100 102 104 N a t Sugar Refg.lOO S tocks. Par Bid. Ask 47 S tock s. Par Bid. Per share. Per N a t Supply C o___5( d 623* 633* Proc & Gamble __2i i d 124 Preferred____ 10C d 106 110 Preferred . .1001 161 N a t Tea c o m .. . .1 d 239 242 6% preferred--100! 1093* N a t ’l T ra n sit.. 12.5( d 22 22 3* Prod & R e f Corp 50 d 23 3* Natomas Co o f Cal Preferred.50 d 4 3* preferred ____10C Pullman C o _____ 100 1313* 43* N ew Departure Punta Alegre Sug.50 d 415* M fg pref_____ 10( Pure Oil C o ______ 25 d 26 105 N ew Eng Bakery 10C 6% preferred. 1001 813* 1st pref erred _.10( 8 % preferred- .1001 101 2d preferred. l0 ( Quaker Oats. (t)|d 95 New England Spun Preferred___ 100' 104 Silk pref____ __ 10C 106 Radio Corp . . . t d u<>3* N J Z i n c . . ____10C 50% 184 183 Preferred______ 5C N J Worsted M ills R y Steel-Spring. 10C 123 101 114 N ew M exico & Reece Button-Hole Arizona Land ..1 d 6% M a c h in e ______ 10 d 17 f> * New Niquero SuglOC 86 90 Reece Fold M ach. 10 d 23* N Y A ir B r a k e _ t d 42% _ 44 Regal Shoe pref _ _ 1 72 Class A stock _ . t d 52% 53 Reis (R o b t) & C o . . t d 2 N Y Canners I n c .- t d 36% 36 3* 1st preferred. . 1oO j 63 7% cum p r e f.. 10C 96 99 Remington Noiseless! N Y D o c k .. . .10C 26 3 * 273* T y p e w rite r ____i ds <03* 63 3* Preferred___ 10C 66 Preferred. ..10C .. N Y Shipbldg_____ t d 2 i 25 Remington Typ.100 6 >3* N Y Steam See Pub101 1st preferred .100 lie Utilities— 1st pf Ser S ___100 101 N Y Transit . .10C 643* 65 2d preferred ..100 111 Nicholson File .10C 178 181 Reo M otor Car __10 d l 71* N iles-Bem’ t-P ’d . 10C 20 35 Replogle Steel ___f d 133* Preferred_____ 10C 45 50 Repub I & Steel 100i 4 ’• N o r & W Stboat.lOC 247 25 ' Preferred_____ 100! 855* North & Judd. .25 d 423* 433* Reynolds Spring __ t d I t % Northern Pipe L.10C 83 833* Reynolds T o b ____ 25 d ____ N o va Scotia St & C ’l r B common _ ..2 5 d 743* 9 Nuunally C o _____ t Preferred . . . 100i 1205* 1 3* Ogilvie FI M ills newf r 135 136 Rich & Bovnton Preferred_____ 100 r 125 Part ic pref . . t d 37 Ohio Body & B l . . _ t d Richmond R a d .. 21 Ohio Brass p r e f.. 100 100 Preferred_____ 1 95 , Class B ____ . . t d 185 1' 0 Rocky M t Fuel.-lOC 23* ]Ohio O il. ________ 25 d 63 635* l*referred___ 10C 33* Ontario Stl Prod . . r 50 Rom e Brass & C.100 51 140 90 100 |Onyx Hosiery _ . _ f d 22 3* 141 215* 1Royal Bak Pow.100 Preferred. . 100 80 83 1 Preferred_____ 10C 101 Orpheum Circuit 1 d 2 3* iRoyal Dutch Co N Y d 4)3* 28 l*referred___ 100 15 993* 1003* ;Saco-Lowell Shops Otis E le v a t o r ___50 d 112 114 P re ferred .. ..10C Preferred_____ 100 101 3* 10 3* 1 2d preferred.. 10C 30 Otis Steel . _ _ . _ t d 10 9 1034 Safety Car H & L10Q 1 > 1st preferred..lOO 55 3* 57 St L Car Co p f . 100 65 Owens Bottle ..2 5 d 453* 46 St L Cot C om p. .100 Preferred_____ 100 110 112 St L N at Stk Y .100 85 Oxford Paper pfd 100 St L Rocky M t & 98 103 Pacific Coast C o. 100 21 Pacific C o____100 24 20 1st preferred _. 100 65 69 Preferred_____ 100 48 2d preferred.. 100 42 St Regis Pap, com t 49 Pacific M ail SS .(5 ) d 93* 10 Preferred . . 10C 97 Pacific Oil . . . . t 56 s 57 Salt Creek Prod- 10 d 25% Packard M otor . 10 20% 205* San Cecil Sug pf.100 1% Preferred_____ 100 109 * Savage Arms . .100 111 65% Paige-Detroit M o t 10 d 17% 3 173* Sav Riv Lum pf.100 Pairpont Corp. 100 161 Savan'h Sug c o m .- t d 100 Pan Am Petrol & Preferred___.100 91 T ra n sp com .. .50 d 733* 743* Schulte Retail St _ t d 109 3* 74 74 11 l 3 3* Panhandle P & R _ _ f d 43* Scovill M fg ____ 100 230 Preferred. . 100 Sears. Roebuck & 43 57 Paragon R efg____25 d 6% Co common___100 1623* 7 Preferred_____ 100 Seiberling Rubb t d 21 50 60 Parish & Bing s tp d .t d Preferred . . . 1oO 100 1% 13* Parke, D avis C o. .25 d 86% Shaff O & R pf__100 54 Park & Tilford I n c .t d 27% 275* Sharon Steel H p. 50 d 173* Peck, Stow A Wile 25 d 26 28 Shattuck (Frank G )tld 50 Peerless Trk & M .5 0 d 15% 2 15 3* Shell Transp & T r £2 < 40 3* Penick & Ford _. t d 24% t d 233* 245* Shell Union O il., Preferred___.100 Preferred___ 100 10i 107 1063* Penn Coal & Coke 50 d 123* 133* Sherw-Williams __25'd 315* Penn Salt M fg ___50 d 71 Preferred_____ 1001 10) 713* Penn Seab Steel___t d 1% 13* Sher-Wms Can .100 r 123 Penn T ra ffic. .23* d P r e fe r r e d ____ 100 r 108 Penn-M ex Fuel___25 d 333* Shredded W heat. 100 r 152 38 Penney (J C) pf.100 1073* Simmons C o . . ___t d 315* 1043* Phelps-Dodge___100 102 3* 102 Preferred_____ 100 104 Phila Insul Wire _t d 473* Simms Petrol C o. 10 d 22% Phil & Read C & I . t d 383* Sinclair Cons O il.- t d 18% 39 Ctfs o f int ( w i ) . . | 40 Preferred_____ 100 87 383* Phillip-Jones C o r p .f d 60 % Singer M fg . . 100 240 63 Preferred _ .100 85 Singer M fg L td ..£ 1 d 4 93 Phillips Petrol. . . t d 39 393* Skelly Oil ._ _ __25 d 23% Phoenix Hosiery 5 d 18 Sloss-Sheff S & I 100 81 3* 20 Preferred 100 Preferred . _ .100 84 92 923* Pierce-Arrow M o t Smyth M fg C o .. 100 275 Car C orp. ._ _t d 133* Solar R efining___100 212 14 Preferred___ 100 Sonora Phon pfd 100 52 30 513* Prior pref_____ __ t d 93 Southeast E x p .. 100 95 94 Pierce Oil Corp __25 d 1% 815* 13* Southern Pipe L.100 P r e fe r r e d ____ 100 32 South’ll States Oil 10 d ____ 35 Pierce Petrol_____ t d 6% South Penn O il.. 100 1643* 6 3* Pigg W igg Corp -_ + d 35 So Porto RicoSuglOO 40 64 Preferred___.100 d 80 90 P r e fe r r e d ___100 101 Pittsb Brewing. .50 d 23* S’w e s t P a P L . . 100 67 P re ferred .. ..5 0 d Spalding(AG ) & Bro 8 Pitts Coal ( P a ) . . 100 39 1st preferred. .100 97 393* Preferred. .100 84 843* Spanish R iver Pulp Pittsb Oil & Gas 5d & Paper M . 100 r 104 8 Pittsb PI Glass. 100 275 Preferred . 100 r 116 Spicer M fg Co f d 19 Pittsb Steel p ref. 100 95 97 Pittsb Term Coal 100 32 P referred . _ _100 38 973* Preferred . 100 Stafford Co pref 100 90 813* 83 Plimpton M fg C o l 00 100 Standard M illin g 100 d 67% Porto R ic A Tob.100 Preferred. 100 84 413* 50 Postum C erea l.. t d 113 1133* Stand Oil (C a l)___25 d 583* Preferred___ 100 116 3 & 1173* Stand Oil (In d ) ..2 5 d 62 Power Corp com___t d Stand Oil ( K a i l ) . .25 d 30 3* Preferred___ 100 Stand Oil (K y ) 25!d 1173* 98 100 Prairie Oil & Gas .25 d 535* 543* Stand Oil (N eb ) 100 240 Prairie Pipe L . . 100 117 1173* Stand Oil o f N J . .25 d 413* Pratt & W hit pf.100 45 P referred . . .100 1173* 55 Pressed Steel Car 100 523* Stand Oil o f N Y . .25 d 42% 54 Preferred_____ lOO Stand Oil (Ohio) .100 345 82 83 118 Stand P late Glass t d 103* Preferred___ 100 69 Prior pref . ..100 s 92 Stand Sanit M fg .25 d ____ P re ferred .. 100 115 Standard Screw .100 105 Preferred A ..10 0 102 Stand Tank Car pref 23 Stan T e xt P rod . 100 173* Preferred A ___100 45 Preferred B ___100 30 a Purchaser also pays accrued div. 6 Assessment paid, d Price per share, not per cent, k Last sale. I Par value $100. n Nom inal, adian price, s Sale price, t N ew stock, u Ex-cash and stock div. v Ex-stock div. x Ex-dividend, y Ex-rights, t Without par value. Ask. share. 125 110 24 45 1323* 42 3* 2634 82 3* 1033* 100 105 603* 51 1233* 117 173* 234 11 70 s 40% s 108 63 105 105 113 173* 135* 4 35* 8 13* 143* 150 745* 122 25 100 5 73* 155 145 103 49 18 60 35 112 75 89 21 100 255* 3 66 5 103 1^2 109 3* 1123* 235 163 22 10 3 59 18 51 42 23 5* 1013* 35 1063* 13) 103 35 1043* 23 19 883* 245 235* 83 953* 214 40 97 82 165 70 107 70 1003* 105 1173* 193* 98 100 693* 843* 59 623* 31 118 244 413* 1173* 425* 347 120 103* 71 93 10J3* 110 27 183* 46 32 r Can 48 INDUST. AND MISCEL. STOCKS—MUNIC. BONDS: Stock s. Par. Bid. Ask. Per share. Stanley W orks___25 d 79 81 P r e f e r r e d - . ___25 d 27 Steel Co o f Can. .10C r 84 Preferred_____ 10C r 10X33 Sterling Products. _t d 63 6333 Stern Bros, C l A _ (f ) 5533 Stern Bros p ref. _ 10C 114 92 Stetson (J B ) _____ t d 88 Preferred____ .25 d 34 37 Stew-Warn Speed. _t d 64 M 64 M Stromberg-Calrs. .26 d 70 Stromberg Carb t d 64 66 Studebaker C orp. _ t d 4433 44 M Preferred___ 100 112 115 Stutz M otor C ar__t d 6 633 Submarine B oa t, f d 10 933 Sugar Estates Oriente pref___100 90 95 W ith warrants _ 98 100 4 Superior Oil . . . t d 433 W ith warrants--Sullivan M a ch ’y — 50 d 50 53 Superior Steel___100 20 M 2233 Swan & Finch____ 25 d 17 18 6 Sweets Co o f A m . 10 733 Swift & C o . ___100 10933 110 d 2633 2633 Preferred_____ 100 Symington Co . . . t d 17 Class A - . - — t d 21 33 Telau t’g ’ph Corp + d 13 Texas Com pany. 25 d 43 3 3 Tex Pac Coal & Oil. 10 « 143-8 Texas G u lf Sulph.10 d 10533 Textile Banking. 100 145 Thom pson-Starret. t d 90 P referred -. -.100 d 100 T id e W ater O il. .100 130 Tim ken-Det Axle 10 d 5M 83 Preferred_____ 100 Tim ken Roll B e a r .f d 40 M 74 3 3 Tobacco Prod___100 Class A . . . 100 99 3 3 Torrington C o ___ 25 d 46 3 3 Transcont’l Oil . f d 333 Transue & Williams Steel Forging — t d 2533 T roy F dy & M ach .25 d Preferred . 100 Trumbull Steel 25 d 1833 Preferred. _ .100 X 96 Truscon Steel -.1 0 d P r e f e r r e d . . ___10. J 1733 22 1333 41 1433 106 155 134 533 41 75 M 99 M 4733 4 26 5 5 1833 98 19 Stocks. Par. Bid. Underw’d Typew .25 d Preferred___-10C d Hn B & P C o rp .. 10C Un Carb & Carbon. T d Union Oil o f C alif. _ _ Un Oil Associates. 25 d Un St Yds So OmlOC Union Tank C ar. 10C Preferred_____ 10C United A lloy Steel _t d United Cigar Stores o f America_____ 25 d 6533 Preferred____ 100 115 United D rug____100 11833 First preferred .50 d 5333 United Dyewood.100 1033 Preferred___ 100 Un Eng & F d y . .100 133 Preferred___.100 United Fruit____100 210 U nit Paper Board 100 18 Preferred . ..100 United Retail Stores Class A . _____ t d ____ Untd Sh Mach Cor2,5 d 4133 P referred .. ..2 5 d 27 U S Bobb & Shut. 100 35 100 U S Can com______ fid 55 P referred .. .100 101 U S Cast IP&FdylOO d 146 Preferred___.100 100 U S Distrib_______ t d 31 Preferred____ 100 130 U S Envelope___100 145 Preferred_____ 100 105 U S Express___.100 4 U S Finishing — 100 84 Preferred — 100 87 U S Food P r o d ..100 U S Glass . . . 25 d 16 U S Gypsum. .20 d 154 Preferred — .100 114 U S Hoffman M ac h in e r y ___ _ t d 2933 U S Ind Alcohol 100 8533 Preferred_____ 100 d 108 U S Playing Card.20 d 11733 U S Print & Litho— Com m on___ 100 6833 Second p r e f.. 100 £0 U S R a d ia tor.. .100 170 Preferred_____ 100 97 U S Realty & Im p .100 138 7 % preferred - .100 1 Stocks. Ask. Per share. 39 33 40 115 120 40 42 67 6*33 3633 3633 36 3533 115 118 12333 124 11633 11733 2433 2533 66 119 119 5433 20 75 135 213 2133 4233 2733 40 57 102 147 103 3133 150 149 107 433 87 89 18 155 116 30 8533 10833 118 6933 9133 180 100 13833 Par. Bid. Ask. Stock s. Per share. 41 U S R u b b er.. ..IOC 4033 1st preferred.. 100 95 9531 34 U S S m R e f & M in.50 d 33 Preferred______ 50 44 44M U S Stamping___100 k 110 U S Steel Corp. 100 1T3 3 3 114 Preferred___ 100 12333 12433 U S Tobacco____ _t d 5233 54 7 Preferred_____ 100 10*33 10533 U niv L ea f Tob .100 49 42 Preferred___.100 89 91 U niv Pipe & R a d .. f d 28 2833 Preferred_____ 100 69 v2 / 6833 Utah-Idaho Sugar.6 d 2 75 3 Vacuum O il. . —25 d 8433 8533 26 M Vanadium Corp . t d 26 Van Camp Pk g com d 25 28 Preferred _ 50 d 26 28 Vandalia Coal___100 Preferred____ 100 Van Raalte C o____t d 16 1933 1st preferred .100 62 60 Ventura Con Oil F i e l d s __________5 d 22 22 M Victor Talk M ..1 0 0 74 70 Va-Caro C h em .. _t d 433 433 1> 4 3 d 2M 133 Ctfs o f dep___ 1 233 P r e fe r r e d - ___100 18 17 M Ctfs o f dep____ 15 20 Va Iron O & C . 100 33 37 73 79 P r e fe r r e d ____ 100 V Vivaudou In c___t 12 M 1233 Vulcan D etin’g — 100 7 10 Com class A .100 4 Preferred - . 100 90 80 7% pref cl A . .100 45 W aldorf System___t d 16 16M Waltham Watch & Clock cl B _____ t d 16 17 Prior pref ___100 75 P r e fe r r e d .___100 28 29 Walworth M fg .20 d 17 M 18 Ward Baking Corp: Com Class A ____ f d 115 117 Com Class B ____ f d 37 33 3833 P r e fe r r e d ____ 100i 99 3 3 100 M Warwick I & St. 10 d 6 6M Wash Crosby pf.lOOi 109 112 Washburn Wire.lOOl 117 P re ferred .. -1001 115 Washington O il. .10 d 30 35 Wash M a rket____50 d 53 56 Weber & H eilbr___$ d 5133 5433 W ells Fargo & C o— l|d 12 33 12 M 6 Assessment paid, d Price per share, not per cent, k Last sale, n Nominal, r Canadian price, stock dividend. ® Ex-stock dividend, z Ex-dividend, y Ex-rights, t W ithout par value. [ V ol. 120, Bid. Par. Welsb’ch Co Com lO f Western Elec pf.100 Westi ng A ir B r’ke. 50 a West'hse El & M f 50 a 1st preferred___50 d Weston El Indus, t d Class A . ..t d W estm or’d Coal 50 d W Va Pulp & P a p — t d Preferred. . . Wheeling M o ld & Fdy com ___ —t Preferred___ 100 Wheel Steel Corp .100 preferred A . .100 Preferred B 100 W hite Eagle Oil & Refining_____ t d W hite M o to r. .50 d W hitm an (W m ), pf_ Wickwire-Spencer Steel C orp. _ .5 d 1st preferred .100 Willys-Overland . . 25 d Preferred_____ 100 X Wilson & C o _____ t d 26 61 94 t N ew stock, 2633 6134 9534 33 ____ 1533 8933 633 21 20 Winch-Simmons Co Com m on_____ 100 Preferred_____ 100 Winchester C o . .100 ____ 1st preferred. .100 2d pref erred .. 100 Woods M f g ____ 100 r 33 Preferred _ 100 r 70 Woodward Iron.100 78 Preferred . .100 90 W oo lw ’th (F W ) _ . 25 d 121M Worthington Pump & Mach ____100 4333 Preferred A — 100 8133 Preferred B ___100 6733 W right Aeron . _ t d 1833 Wrigley (W m ) Jr f d 48 m d W urlitzer (Rudolph) 105 7% preferred-100 8% preferred .100 105 Y a le & T o w n e . .25 d 64 Y ellow Cab M fg . .10 35 Young (J S) C o. 100 127 Preferred .100 103 Youngstown Sheet & Tube . _ f d 63 Preferred____ 100 10433 s Sale price, Ask. Per share. 50 11633 9833 6733 81 M 10M 2133 44 43 97 80 95 122 65 36 132 106 65 105 u Ex-cash and U N ITE D S T A T E S A N D M U N IC IPA L BONDS In State and municipal bonds the custom has always been to quote them “ and interest.” That is, the accrued interest must in all cases be added 0n. There are a very few which form exceptions to the rule— that is, where the prices given are fla t prices, the accrued interest having been taken into account in making them. These are indicated by a special mark, thus (J). The figures in the column "T o N e t" indicate the basis on which the securities sell or the interest rate which the securities, i f held to m aturity, w ill net to the purchaser at the present market price. Bid. B onds. Ask. To Net. B on d s. T E R R IT O R IE S A N D U. S. P O S S E S S IO N S 9933 A R IZ O N A js r e f A p r ’38 op ’28- - ^ ____ Maricopa County S D N o 1 6s H ig h w a y ’ 4 7 -’ 5 1 — J&J 15 P h o e n ix — 433s ’50 op '30-J&J 6s Jan 1 1946__________ J&J 5s School M arch 19335s Jan 1 1954 opt 1934— J&J 5s W W 1926-1950____ J&J Prescott— 5s 1948________J&J Tucson— 5s W ater 1950--J&J 433s W M a r 10 ’38—M&S10 / Flat price, n N om inal. * Tax-free in Connecticut. b 4.25 b 4.25 b 4.15 b 4.60 b 4.60 10233 b 4.60 b 4'. 10 b 4.20 B onds. 4.30 4.40 4.50 4 4.50 4. SO 4.50 4.35 4.50 4.50 4.75 4.75 M ontgom ery- H awaii, Territory o f— ARKANSAS 434s Sept 15 1949—M&S15 6 4.40 4.20% St Francis L e v D 6s ’4 7 --J&J 434s Jan. 1945----------------10434 533s 1945-1964________ J&J 4s M a y 15 ’46 op ’36 --M & N 6 4.40 4.20% 533s 1950-1969________J&J 4s A ug 1947 opt 1937.F&A 6 4.40 4.20% 5s 1949 opt 1929______ J&J Philip Isl 534 s Sept 1950 Q-M 102 10334 5s Apr 1 1955_________ A&O 10334 C A L IF O R N IA 434s July 1 & 15 1952—J&J 9834 9934 5% s H ighw ay ’27-37— -J&J 3 4s g L Pur ’34 opt ’ 14— Q-F 9534 9434 433s U niv Bldg Jan5’26-65J&J 4s P W ks & Im p 1935— Q-M 9534 9434 433s Highway 1936-48--J&J 3 4s Im pt 1936 opt ’ 16— F & A 9534 9434 4.15 4s Harb Im p 1985 op '5 0 --J&J Porto Rico 434s ’31-’34—J&J 4.20 4s Highw July 3 ’25-’26—J&J 434s 1937-1940_________ J&J 4.15 Alameda— 4s ’25 to ’41 --J&D 4s Jan 1 1944-1950_____ J&J 4 33s M un Im p ’26-’4 8 -A & 0 4.15 4s gold 1925-1960______ J&J 4.10 Bakersvield 5s 1925-52.-A & O 4s Road 1927-1930_____ J&J Berkley 5s 1942-1951____ J&J 5s July 1954__________ 10833 5s School 1926-1955-.-J&J Im perial Irrig Dist 6s '38-J&J ALABAM A 434s Renewal 1950______ J&J 4.25 Los Ang— 433s 1925-51 — J&D 4.20 4s W ater 1925 to ’45— M & N 434s Road 1925-1931... 4.20 333s W ater ’25 to ’41— A& O 4s renewal Class C 1956.-J&J 433s Sch 1925 to ’4 4 --J&D 334s renewal Jan 1956____ J&J 4.20 Birmingham 7s 1931____ J&D6 4.50 4 33s 1925-1963________A & O 5s M unic 1926-’61_____ F & A 534s M arch 1 1927____ M&S 4.25 533s Harb Im p '25-’61 M & N 534s 1926-1935______ M&S2 b 4.40 to 4.10 % 6s School A pr 1 1950--A&O 4.40 Los A C S D 533s ’25-34 M & N 5s School 1934________ J&J 4.35 533s N o v 1935-60____ M & N 5s Fund Sept 20 1941-M & S 4.40 Los Ang Co 433 s ’26-’49— F & A Jefferson County 5s 1949_____ 4.50 Oakland— 533s ’25-’43 — F & A 434s July 1 1931______ J&J 433 s Mun Im p ’25-’4 3 .F & A 4.40 434s Hospital 1963____ J&J 4.45 433s 1926-1929........ — F & A M obile 5s School 1943. — J&D 4.45 433 s 1930-1965________ F & A 5s Sewer N o v 1 1942--M & N 4.45 433s Sch &c June 23’25 J&D 5s Dock N o v 1 1947— M & N 4.45 Oakland S D 4s ’25-’44— J&J 5s Refunding 1949____ M&S 4.45 Orange Co 5s 1926-45___M&S 434s Refunding 1937--A & O 4.40 Pasadena— 4s Jan ’26-’42 J&J 434s W ater & Sewer '39. J&J 4.40 4 33s W a t P l’t ’25-'36— A& O b Basis. Ask. . . U N IT E D S T A T E S — Se e also page 1 2s Pan Can N o v 1938----- Q-F 100 H 10134 95 M 3s Panama Canal 1961 — Q-M <64 95 M 3s Conversions 1946-47— Q-J 6 2.75 2 08% U S C tfs o f indebtedness U S Treasury notes------6 3.77 3.42% Instrumentalities o f U S G ov Fed F ’m L 434s ’3 7 .— M & N 10034 100 3 3 Fed F ’m L ’n 5s ’4 1 .— M & N 101 104 M Fed Land Bk 434* '42 M & N 102 10233 102 3 4 434s 1943 op 1933____ J&J 102 434s ’ 53 op ’33_____ J&J 10 2 10 '34 434s ’39 op ’24_____ M & N 100 *4 10134 4?4s 1953 opt 1933 — -J&J 103 £4 104 Fed Ld Bk o f Springf, Mass 434s 1953 opt 1933___ 10234 102 34 F ed ’l Interm ed Cred Bks 434s F e b 1 1 9 2 6 _____F & A b 4% 3 50% 434s Apr 15 1926_________ &3 34 % 3 50 % 434s June 16 ’26.J&D16 63 34 % 3 30 % 434s Feb 1 1927____ F & A b 4% 3 50% 434s Oct 15 ’2 7 ..A & 0 1 5 6434% 334% Bid. 10133 Redlands— 5s 1925-51— J&J15 Riverside 5s 1925-53____ J&D Riverside Co 5s ’2 V 5 4 — M & N Sacramento 4s Jan ’26-’45 opt 433s Sew & D r ’27-’34— J&J Sacram’ to Co 433s ’26-46 J&D b San Diego 5s W W ’26-’ 54 A&O 5s W ater 1934-53_____F & A 433 s W h & Har ’26-’52.J&J 5s M unic 1925-1960___J&J 5s School 1931-1966_______ 433s W ater 1925-29___J&J 4 3 S W ater 1930-1964_____ -2 3 33s g July 1 ’25-’44- - J&J San Francisco (C ity & County) 433s W ater ’57, ’58, ’59-J&J San Joaquin Co 5s ’26-’49 J&J b San M ateo Co 5s ’25-’42—J&J b Santa Barbara 5s 26-41 Jan 10 b 4 33S gold A ug 1943____F & A b Bid. Ask. To Net- 4.40 4.40 4.40 4.35 4.35 4.65 to 4.45 %< 4.40 4.40 4.40 4.40 4.40 4.40 4.40 4.40 4.40 4.25 4.65 to 4.45 % 4.65 4.65 to 4.45 4.75 4.65 to 4.45 4.50 4.60 to 4.40 % 4.60 4.50 C A N A D A — See page 49. 4.50 4.50 4.80 COLORADO 4.75 Colo Spgs 4s ’29 op ’ 14--M&S 99 9833 4s R e f W ater M a r 1 1941___ 4.50 9633 9733 D elta Co 5s ref ’30 op ’20 J&D 99 100 D enver 5s Aug 15 ’28— F & A 15 10133 10233 5.40 D enver (C ity and C ou nty)— 5.30 5 Ms Gen Oblig 1964-73-J&J 4.55 433s W ater N o v ’4 8 --M & N 5.30 4.10 5.20 433s W ater 1944_______J&J 4.05 5 D N o 1 4 Ms ’34-’53- - J&J 4.05 PuebloCr 4}3s re f ’31 o p ’21 J& J 9833 9933 Pueblo Co S D N o 20— ______ to 4.10 433s 1932---------------- M & S 9833 9933 to 4.10 C O N N E C T IC U T to 4.05 *3 33s A pril 1934________ A&O 3.85 to 4.50 *4s July 1936_____________ J&J 3.80 to 4.50 *5s July 1 1936__________ J&J 3.80 Bridgeport— *5s ’25-49--J& D b 4.10 to 3.95 % 433 s Bridge 1925-65____ J&J 6 4.20 to 4.05 % 4 Ms High Sch ’26-’63— J&J b 4.20 to 4.05 % *4 33s Sewer 1926-46 A&O 6 4.05 to 3.90 % 1053s 433s School 1927-19_______ b 4.20 to 4.05 % 333s Im provt 1925-41 J&J !> 4.20 to 4.05 % *5s Constr’n ’25-’48— J&D b 4.10 to 3.95 % Bristol 433s W ater 1939— J&J 5 4.10 to 4% *5s July 1 1926-55_____ J&J 5 4.10 to 4% Cheshire 4 34s 1926-45___J&J 5 3.90 to 3.90 % Danbury 4s W a te r 1946—J&J 4.15 3 33s Funding Oct ’4 1 .-A & O 4 to 4.50 East H artford Fire District *5 Ms 1927-1951_____ M & N b 4.10 4% 4s W ater June 1933___J& D Glastonbury 433s ’26-’58J&J 3.90 4 to 4% Greenwich 433s 1931-33—J&J to 4.15 % H artford 3 33s Bdge ’5 5 .-J&J b 4.10 3.95% *4s W ater June ’30-’39 J& D b 4.00 3.85% *4s W ater 1940-45____ J& D ) 4.00 3.85% 4s High Sch ’26-’55____ J&J > 4.10 3.95% 433s M unic B ldg ’3 3 --M & N b 4.10 3.95% 1 *4 33sP erm Im p ’25-’27 J&D b 4.05 3.85% — 1 STATE AND MUNICIPAL BONDS M a y , 1925.] B onds. Bid. To B onds Bid. Ask. To Net. Hartford School Districts— Chinese Government— ♦4Ms Arsenal ’25-’47-M & S 6 4.05 to 3.95 Hukuang Rys 5s £—J&D15 44 45 *4Ms Northeast 1959-J&D b 4.05 to 3.95 5s o f 1896 £ red 1933—A&OZ l 95 97 *4M s 2d N orth 1944- — J&J 6 4.05 to 3.95 4 Ms of '98 £ red '4 4 --M & S 1 82 84 — 3M s South Sept 1955-M&S b 4.05 to 3.95 4s (o f 1895) 1931- - -J&J 4 Ms Southwest 1944--M & N b 4.05 to 3.95 wf87% 90 M *4M s W ash’ t’n ’26-’47-J&J b 4.05 to 3.95 w/86 89 Colombia (Republic o f)— 4s W est M iddle 1937--F & A 6 4.05 to 3.95 6M % gold notes ’27- A & O 100 Meriden (T ) 4s ’26-’3 5 --M & N 96 M 10094 M iddletow n—Cuban 5s 1944 opt 1911 — M&S 97 Vs 99 “ E x tl” g 4 Ms '49 o p t--F & A 4s Fund 1926-27_____ M & N b 3.75 to 3.50 86 84 94 i “ E x tl” g 5s 1949 ___F& A 4s Fund 1928-29_____ M & N _______ 96 97 — 4s Fund 1930-35_____ M & N _______ “ External” s f 5Ms Jan 15 Middletown (T )*4 s 1 9 3 0 -F & A ____ 1953_______________J&J15 99 M . . . 9894 Czechoslovak Republic— N ew Britain (C ) 3 Ms ’32 .J&J b 4.05 to 4% E xt s f 8s ’22 due ’5 1 --A& O 4s M unic Bldg 1948____ J&J 6 4.05 to 4% 9894 9994 E xt s f 8s ’22 due ’52 --A&O 4Ms School 1925-’4 0 --F & A b 4.05 to 4% 98 M 99 M Denmark ext g 8s '45-A & 015 110M 11094 4M s School 1940-’ 52 _-F & A b 4.05 to 4% E x t 6s Jan 1 1942-J&J 10094 101 94 4 Ms W ater Aug 1941- - F & A b 4-05 to 4% Dominican Rep 5s '5 8 .-F & A 102 4M s Sch Aug ’25-’4 3 --F & A b 4.05 to 4% 103 Cust Adm s f 5 Ms ’42 M&S 4M s Sch Aug 1929____ F & A b 4.05 to 4% 93 93 94 External 5M s 1953- -M & N ♦5s Park 1925-1943--.F&A 6 4.05 to 4% Dutch E Indies 6s 1947 J&J 101 % 101M N ew H a v (O ) 3M s '25- 35 A & 0 E x t s f 6s 1962_________M&S 101H 101M 4s Sewerage 1926- 2 9 --A & 0 I E xtl 5 Ms M ar 1953--M&S *4s A pr 2 1940 tax-expt.A& O 97 M 97 94 . . . j E xtl 5 Ms N o v 1953--M & N 4 Ms Pavin g M ar 1936-M&S 97 M 9794 ! Finland (Republic o f)— 4M s 1943-1952____________ External s f 6s 1945--M & S 83 *4Ms Pavin g Aug '37___F & A 87 6 Ms Munic loan o f '24-’54 A *4M s M ch 15 '27-35-M&S15 86 M 87 M *5s ’36-’37-‘39-’40-'41--A&O 86 M 87 M E x t’I s f 7s 1950 - - -M&S 94 *5s 1925-1951__________ J&J 94 94 N ew Haven (T o w n )— France (Republic of) 4s 1917-23M 2494 5% N ational Loan not red *3 Ms A ir L R R 25-‘29-.J& J before Jan 1931___Q-F 16 ®$28 N ew London 4s 1933____ A&O 95M $29 — 4M s Park July 1942___J&J 100 34M 35 M 6% N ational loan o f 1920-- ®$35 $36 N orw alk (C ) 3M s 1929..J&J 7s ext o f ’24-’49 temp J&D 87 Vs 4s R e f Sewer ‘27-’28___J&J 88M 7 Ms External 1941___J&D 4s Sch M ch 1954-1964_____ 96 Vi 97 8% ext g loan ’45 --M & S 15 100 94 101 4Ms Sch M ch 1929-1953--German extl 7s 1949--A&015 *4Ms Im prov t ’25-'39--J&J 9394 93M Greek G ovt s f 7s 1964- -M & N N orw alk (T ) 4 Ms 1942--J&D 94 8394 83M H aiti (R e p ) 6% Ex'52 A .A & O 93 94 Norwich— 3 Ms 1925____ J&D b 4.00 to 3.25 — Hungary (Kingdom o f)— 4s Gas & Elec 1 9 31 ---A & 0 b 4.25 to 4.10 4M s W ater M a r ‘39___M&S 6 4.20 to 4.10 S f g 7Ms 1944 int rets.F & A 88 87 M — Industrial Bank of Japan— 4 M s Refunding 19 38--A& 0 b 4.20 to 4.10 ‘ 99 % 6% notes 1927 _ .F & A 15 Putnam (T ) 4 Ms 26 -46-A & O ______ 99 M — Industrial M tg e Bk o f Finland 4M s W ater 1 9 2 5 -2 7 --F & A ______ — 1st M coll 7s July 1 1944___ s 93 4M s W ater 1928 & '3 0 - F & A ______ Italian Government— Stamford (C ) 4s 1 9 4 2 ---M & N ______ 5% In t 1926-1941_____ J&J u$40 Stamford (T ) 4 Ms 26- 45 J & J ______ $40 M 42 5% Treasury notes 1925___ / 41 Stonington 4 Ms 2 8 & .3 3 -A & 0 ______ — Japanese Government— ■ ♦Stratford 6s 1925- 3 1 --M & S b 4.10 to 3.95 4s £ '54 opt ’ 10--J30 & D31 l 62 64 Torrington *5 Ms ’30-’35-J&J b 4.10 to 3-95 C 82 Vs 4M s £ Jan ’31 opt a ft’21 J&J * 5 Ms Fund 1936-’41--_J&J b 4.10 to 3.95 8294 91% S f 6Ms 1954 tem p___F & A 92 ♦W allingford (Tow n) 4 Ms Oriental D evel Co, L td — 1933. ’38, ’43, ’48. ’53_____ 3.95 E x t 6s 1953 --.M & S W aterbury 3M s Sch’26-32 J&J ,b 4.15to 4.05 84 M _____ ______ ___ 85 M M ortgage Bank of Denmark 4s Park July ’25-’58___J&J 6 4.15 to 4.05 99 98 M E xtl s f 6s 1970_ .M&S 4Ms C ity Hall ’25-’63 --J& J6 4.15 Ito 4.05 Newfound 6 Ms '36 J&D30 107 107 94 *4Ms W ater ’49-’93---J&Jj& 4.15 to 4.05 5M s 1939, 1942 & 1943 5.30 4Ms 1934-1964____________ 6 4.15 to 4.05 N eth erl’ds 6s '72 (fla t)- M&S /105 4M s W ater 1930-44--J&J15 6 4.05 to 3.90 10 9 4 4M s 1946-1953_____ J&J 15!4 4.15 to 3.90 E x t 6s 1954 .A & O 10394 103M 4M s W ater 1935-’64---J&J>6 4-05 to 4% N orw a y 8% ext 1940- A& O 111 111M ♦4 Ms 1925-1934_____ J&J15 6 4.15 to 4.05 99 Vs E xtl s f 6s 1943____ F & A 15 West H a rtf’d 4 Ms 1943--J&D 101 99 M 99 Vs E xtl s f 6s 1944 int ctf__F & A West Haven Union S D— 99M 99 94 99 V s 6s Ext Oct 15 1952 A & 015 4Ms M a y 1 1927-’5 6 --M & N 3.90 102 Panama Rep) ext5M s’53 J&D 101 Peru (Repub) 8s 1932 -J& D D ELAW ARE . 98 M 9994 68 6694 3s Dec 1 1927 opt 1902-..J& D 3.85 Poland (R ep of) 6s 1940 A&O 95 Extl s f 8s 1950-- - - - J&.J 4M s 1960 opt any date___J&J 9594 Queensland (State of) Australia lia— 4M s Jan 1 '61 opt 1922.-J&J Ext 7s Oct 1 1941____ A& O 110 Dover Spec S D 5s ’26-’46 A&O 11094 E x t g 6s Feb 15 1947 F&A15 103 M 10394 — Kent Co 4M s 1945-1950.M&S 4.15 Rio Grande D o Sul (State) N ewCastleCo 4 Ms ’26-’34J&D Brazil ext s f 8s Oct 1946___ 95 95M 4.15 5Ms 1925-1928.............J & J Russian 6Ms June 18 ’ 19-J&J s 14M 5Ms 1936-1944_________ J&J 5 M % E x t Ln Dec ’2 1 --J&D Sussex County— s 13M Salvador (Republic o f)— 5s ’31-’70 opt ’32 at 105____ 1st 1 s f 8s 1948 ser A . .J&J 103 94 10494 W ilm ’gton— 4Ms ’28-’3 7 -A & 0 4.10 4.15 San Paulo (B razil) State o f— 4M sB ldg— Oon’53-'62 M & S 8% external loan 1936-J&J 100 100M 5s 1947-’49____________A&O 4.20 E x t’I 8s 1950___________ J&J 9J94 9994 7s ’46 (per 1,000 m ilreis)___ /S100 $125 F L O R ID A . Dade Co 5s Oct 1947-’54_____ 4.55 Seine, Dep o f (France)— ___ E xt g 7s 1942 . _-J&J 85 8494 D uval Co 5M s’32 op ’ 12 M & N 100 Serbs Croats & Slov (K in g of) 5s A rm ory 1944________ J&J 86 E xt 8s 1962___________ M&N 87 Everglades Drainage Dist— Swedish 6s 1939 .J&D15 103 10394 101 99 6s 1926-1935__________ M & N 5 Ms external 1954 -M & N 9994 6s 1933 to 1941_________ J&J 106 99 M 109 Switzerland— 5 Ms 1929 F & A 10194 102 5% 5Ms 1931-1948_________ J&J 65 M % 5Ms External 1946 ..A & O 101M 10194 Hamilton Co 5s Feb 7 ’48 98 .. 5s E xtl Aug 1 1926-- .F & A 100M 100% Hernando Co 5s 1944____ J&J 98 115 S F gold 8s 1940. - J&J 114 Jacksonville 5s Jan 1 ’36-J&J 4.40 40 — 4M s Feb 1937_________ F & A 4.40 U S o f M exico 6s A 1933____ / 39 5s g E x t L ’n 1945 £_.Q-Jan / 37 94 Jacksonv S D N o 1 5s A pr ’45 4.70 __ K e y West 5s 1942________ J&J 100 / -M iam i 5s 1925-1944_____ J&J 4.60 . 21 4s gold 1954___________ J&D / 20 4M s M unic Im p ’26-’55M&S 100 M 27% Assent 4s June 24 coup on / 2794 6s School 1940________ J& D 24 94 . . . 4s E xt 1910 July 24 coup on / 2494 Orange County 5s 1944--J&J 100 Pensacola 4 Ms re f 1 9 41--A& 0 Treasury notes 6s ext 1933— 4.50 ___ July 1924 coup on__J&J / 39 M 6% School 1926-1951.-J&J 5 f 5 5M Polk Co 5s Road ’25-’40-.J& J 5 / 8 St Petersburg 5Ms 1949--J&J 4.75 Tam pa 5s June ’55 op ’25 J&J 4.50 Uruguay 8s ext 1946___F & A 10894 109 5s M un Im p ’62 op ’32 J&D 4.50 F O R E IG N C IT IE S , &c. 5s W W Purch ’25-’72_F&A 4.50 F O R E IG N G O V T S . Argentine Repub— -7s ’27 F& A 102M 102M Internal 5s o f ’09-’45 --M & S 81M 82 M 4s £ loan o f 1897______ A&O 2/$79 $71 E x t 6s o f ’23 1957 A ..M & S 96M 96 M 1st g 6s 1958 Ser B ____J&D 96 96 M Austrian G ovt s f 7d ’43-J&D 93 % 93 M Belg G o v t 7M s y ly to ’45 J&D 108 108M 85 84 Vs E x tl s f 6s 1955______. . .J & J 8% E xtl s f bds 1941.-F & A 106 M 107 M 93 E xtl 6M s int rets ’4 9 --M & S 92 M B o livia (R e p )E x t 8s ’47-M & N 93 92 M 95 M Brazil 8% ext 1941_____ J&D 95 M 7s Cent R y elec 1952.-J& D / 80 M 81 S f7 M s (coff.sec.’22) 1952-- /105M 101 5s o f 1895____________ _____ ‘ 50 M 51 M 50 5s o f 1913___________________ 51 47 46 4 Ms o f 1883________________ 46 45 4M s o f 1888--------------------42 41 4s o f 1 9 0 0 --._____ _________ 4s o f 1910___________________ 39M 40 M 41 40 4s o f 1898___________________ 57 British— Cons 2 Ms op ’23 Q-J 4 Ms W ar Loan ’25-’45 J&D 95 M 5M s f Feb 1 1937_____ F & A 107 107 M 5 M s g c o n v Aug 1929--A & A 117% 117 Ji Chili (Republic) 8s 1941-F & A 107M 108 E x t 8s Oct 1 1926_____ A& O 102 103 E x t s f 7s 1942________ M & N 101 101 M S f 8s N o v 1 1946_____ M & N 107 M 108 Bergen, N orw ay, 8s ’45 -M & N 11294 97 25-yr s f 6s temp 1949-A & O Berne (C ity ) Switzerland— S f 8s 1945_______ ■ ___M & N 108 Bordeaux (C ity ) 6s ’34 --M & N 82 M Buenos Aires, Argentine Rep Guar 5s o f 1909-1946 £ J&J p/83 95 V s Exten 6 Ms 1955 -J&J 96 94 Carlsbad (C ity ) s f 8s ’54-J&J Christiania (N o r) 8s 1945 A& O 110M 30-yr s f 6s int c t f ’54 -M & S 99M Copenhagen 4s o f 1901-M & N l 83 97 5 Ms M unic E xt ’44 --J&J Danish Cobs Municipal Loan 8% s f ext ’46 ser A - .F & A 10994 109 98 Havana— 1st 6s 1939- - Q-J 90 2d 6s _ - ___________ Q-J Lyons (C ity ) 6s 1934--M & N 82 M Marseilles (C ity ) 6s ’34-M & N 82 M Medellin (M unic) (Columbia) 98 External 8s 1948-- - -A & O M o n te v’o (C ity ) s f 7s ’52-J&D 9194 96 — 108M 83 —_ 85 96 97 11094 _ 99 94 ___ 87 97 M — 11094 109M 108 105 83 83 98 M ___ 92M 49 To B onds. Ask. Porto Alegre (C it y ), Brazil— Sinking fund 8s 1961___J&D 94 M Prague (G reater) C ity — 7 Ms loan of 1926-52--M & N 89 M R io de Janeiro 8s 1946--A& 0 91M E x t s f 8s 1947_______ A&O 92 M 7s 1960 (per 100 m ilreis)___ 85 5s s f loan o f 1909-34. £J&D 83 M Rotterdam (C ) ext 6s ’ 64.M & N 101% San Juan (C ity of) Porto Rico 5s ref & imp 1926-36___J&J Sao Paulo (C ity ), Brazil—6% external s f 1943--M & N 79 External s f 8s 1952--M & N 98 M Soissons (C ity ), France— 82 E x t g 6s N o v 14 ’36 --M & N T o k y o (C ity of) 5s o f 1912— Red ann s f beg ’ 17-52-M&S 66 Trondhjem (C ity ), N orw ay— 99 % S f ext 6 Ms temp 1944--J&J Zurich (Switzerland)— S f g 8s Oct 15 ’4 5 --A & 0 15 109 M Net. 95 M 90 M 94 % 93 M 100 85M 102M 79M 98 94 83 10994 C A N A D A (New York Prices) | Dominion o f Canada— 5s refdg Oct 15 ’4 3 -A & 0 15 5s refdg Oct 15 ’28 .A & O 15 5s 1 9 2 6 -.-_____ A&O 5s 1931________________ A&O 5s M ar 1937__________ M&S 5s Oct 1931___________ A& O 5s M a y 1952_________ M & N 5s D ec 1925---------------J&D 5 M % gold notes 1929-F & A 5 Ms V iet Loan D ec '27 J&D 5M s V iet Ln N o v '3 3 .M & N 5 Ms V iet L n N o v '3 4 -M & N 5M s V iet Ln D ec ’37--J& D 5Ms renew N o v 1927-M&N 5 Ms renew N o v 1932.M & N Alberta (P ro v of) 6s ’.30-M & N 5s Apr 15 1950_____ A& 015 British Columbia (P ro v o f )— 6s June 30 1925___J& D 30 6s April 25 1926_____ 6s July 15 1926____ J&J 15 5s Jan 15 1948_____ J&J 15 4 Ms Feb 2 1928_____ F & A 2 Calgary 5s 1933__________ J&J 5s June 15 1935____ J&D 15 5s July 1 1945__________ J&J G alt 4M s A pr 18 ’3 1 - - - A&O 8 4 Ms El Pow June 5 ’31 J&D5 H alifax N S 4s July 1945 5s Jan 1951_____________ J&J Hamilton— 4s Apr 1 ’32-A& O 4s Elec L & P 1941---A & O 5 Ms M a y 1 1936_____ M & N lanitoba (Province o f)6s gold Feb 2 1930— -F& A2 5s 1944_______________ J&D2 4 M % gold notes 1927-M&N 4M s M a y 1 1945____ M & N 4s gold 1930__________ M & N 4s drainage July 1 ’29--J&J lontreal 5s Dec 1 1945-J&D 5s s f N o v 1 1956____ M & N 4 Ms M a y 1954______ 4 Ms Jan 1944__________ J&J 4s M a y 1927__________ M & N 4s M a y 1 1933 £_____ M & N 4s M a y 1 1944________ M & N 3 Ms refdg M a y 1939-M & N 102 10094 100M 102 104 102 M 103 M 100 10294 10294 106 M 104 109 101M 103 99 M a s k a tc h e w a n 102 10354 4.95 100% 4.95 4 4.30 4.30 4.95 4.65 5.40 5.40 5.50 5.15 5.15 5.05 5 05 , 4.85 4.90 5.15 4.95 5 _____ ________ ________ ________ ________ ______ _____ 4s July 3 1930__________ J&J 4s 1932 opt 1902________ J&J 4M s D ec 1 1925_______J&D 5s D ec 1 1925_________ J&D 4 Ms Aug 1 1926______ F & A 5s 1934________________ F& A 6s N o v 15 1930____ M & N15 mtario (P ro v ) 6s ’27-M 6s Sept 15 1943____ M&S15 5s Dec 1 1926______. . .J & D 4M s 1944_____________ M & S 4s 1941_______________ M & N 4s M arch 1 1926_____ M&S 3M s 1936______________ J&J 'ttawa C ity 5s ’25-’45_. 6s Munic Im p ’25-’50--J&J 4 Ms ’25, ’34, ’35, ’4 4 --J&J 3 Ms Sew Sep 26 ’28--M & S 'uebec (P rov) 5s 1926___J&D 4 Ms s f 1950_________ M&S2 (uebec C ity 3 Ms g ’3 0 --J&J 3 Ms July 1 1933________J&J 102M 101 101 102 M 104M 102 M 10394 100M 103 103 106 54 104 J4 109M 4.95 4.90 100 M 4.43 95 M 4.85 4.90 5.25 4.90 4.90 4 85 4.85 4.50 4.95 4.85 4.85 4.80 4.80 4.80 4 4 6.00 4.10 4.10 4.80 4.90 4.60 4.95 4 4.80 4.80 4 4.80 6 4% b 4% b 4% 6 4.15 to to to to 4.90 5<? 4.85 4.65 % % % % 4 4.70 4.80 4.80 5.60 5.70 (P r o v in c e ) 5s 1943 (non-call). -J&D15 4.90 outh Vancouver, B C — 5s 1927-1946________J&D30 65 M % to 5% % 'oronto 5s 1925-1936____ J&J 6 4% to 4.95 6s 1925-1929___________ J&J 6 4% to 4.70 6s 1930-1940___________ J&J 1 6s 1940-1950___________ J&J 5.05 4M s July 1 1925________ J&J 4 4 Ms Jan 1 1949_________ J&J 4M 4% 4M s Jan 1 1955________ J&J 4s £ July 1 1948________ J&J 4.95 4.85 3M s July 1 1944-45____J&J ancouver, B C, 5M s ’39 A&O 5 5 Ms 1952______________ F & A 5 4s St Im p Sept 9 '27-M & S9 4.80 4s St Im p Sept 9 ’32.M & S9 5 Winnipeg, M an, 5s ’4 4 --A& O 4.90 6s Dec 1930---------------J&D 4 95 4M s non-call 1944____ M & N 4.85 4.85 4s Aug 1 1946_______ F&A15 G E O R G IA 1945________J&D 6 3.75 to 3.90 3,90 3.75 .30 4.25 b Basis, c Basis $5 to the £ . / F la t price. I In London, r Canadian price, n N om inal, p Per £20. m Dollars per rubles, fla t, s Sale price. IJPer 1,000 guilders, u Dollars per 1,000 lire, v Dollars per 1,000 francs, w Dollars per 500 francs, y Per £00. * Tax-free in Conn. a Per £300 bond. STATE AND MUNICIPAL BONDS 50 B on d s. Bid. Ask. Atlanta— 4Ms Jan 1 1940-J&J 4 Ms Sewer 1926 1940- -J&J b 3.75 to 3M s July 1 '31 & ’33--J&J Augusta— 4M s Flood P rot ’4 2 --M & N 4s refunding 1934_____ J&J 3 Ms April 1930______ A&O Bibb Co 4H s 1948-49--M & N Clarke Co 5s 1926-41____ J&J Columbus— 5s 1925-44— J&J 4 Ms Refunding 19 39 ..J&J Dougherty C o— 5s School 1926-1948--M&S Macon— 4 Ms Oct 1926--- Q-J 4 Ms W W 1925-36____ J&J b 4 15 to 4s Pa v & Sew '25 to '39-J&J b C 10 to 4 Pulaski Co 5s 1932-48____J&J Rom e 4 H s 1926------------ J&J 4s Munic bldg 1926-39. A&O b 4.20 to Savannah— 4 Ms ref 1943.J&J 4H.s Drainage 1944___F & A 4 Ms Refunding 1959--F & A Spalding Co— 5s 1925-30-J&D Swainsboro 6s 1925-50--A&O Valdosta 5s 1926-42______ Jan W are Co 5s Sch 1926-31--J&J 5s Road 1932-1949____J&J Watkins S D 6s 1931-50-M&N W oodbury 6s 1927-49___J&D To i Net. B onds. Bid. Ask. 4.10 Des M oines— 4.1u % 5s Municip 1925-1957--J&J b 4.15 to 4 4M s 1926-1931________ M & N b 4.05 to 4 Ms W W 1932-42____ J& D 4.15 4s C ity H all 1925-26-— J&J 4.10 6s Gen O blig 1931-40--J&J 4.05 Des M Ind S D 4M s ’32 ..J & J 4.20 4 Ms 1944__________________ 4.30 Dubuque Co 4M s ’25-’31-J&J 4.30 F ort Dodge 5s Fund '3 9 --A& O 4.25 F t Madison 5s 1925-26___J&J b 4.20 to Frem ont Co 5s 1925-35--J&J b 4.15 to 4.35 Greene Co 5s 1925______ A& O 3.80 Jackson Co 5s 1925-30--A & O b 4.15 to 3 50 % Marshalltown Ind S D — 5s C ity H all 1925-39-- M & N b 4.20 to 3.50 % 14.50 Marshalltown— 4 4 Ms W ater 1925 & ’26-A&O 4% 4 Ms W ater 1929-42-.-A& O 4.15 4 Ms W ater 1943&’4 4 --A & 0 4.1 Ottumwa 4 Ms June 1936_____ 4.15 Polk Co 4 Ms 25- 3 2 .-A & O 15 b 4.10 to 4.35 5s Funding 1925-35____ J&J b 4.15 to 4.8 Sioux C ity — 4.30 6s ParkA u gl5 35-’45 F & A l5 4.35 6s R e f Aug 15 1940--F&A15 4.40 5s Fire Fund 1925-33--J&J b 4.15 to 5s Police Fund ’25-’33 -M & N b 4.15 to 5 5 Sioux C ity S D 5s 1941___J&J W aterloo— ID A H O 4Ms W W Jan 15 '3 0 - - .J&J 4.30 W oodbury Co 5s '26-’32--J& J b 4.10 to 5M s Im p t 1941----------- A&O 4.30 5s Highway 1941_________ J&J 4.30 4M s Cap Bldg 1930-39___J&J KANSAS. 4.30 4 Ms 1925-1933___________ J&J 4 Ms M a y 1 1932 opt 1921 - J&J 4.30 4 Ms Soldiers C o m p e n ’34-’52 4 Ms Highway '35 opt '25 J&J 4 Ms Highw '37 op '27----- J&J 4.30 Atchison Co— 4 Ms R e f 1927-1928___ A&O 4s Refund '29 op ’ 14___J&J 4M s R ef 1929-1945___ A&O 4.05! Em poria— 4.30: 4s Jan 1 1934 op 1924____J&J 4 Ms Dec '29 op ’ 19___F & A 4 Vs Emporia SD 4Ms 32op’22 J&J Blaine Co 5s Feb '26-'31 .J&J Boise C ’yS D 5s'2 5op '1 5M & N 4 Vs F t Scott 4M s '35 op ’ 10-.M &S 6s July 1 1940_________ J&J 4.75 Galena— 5s W W 1925-1943____ J& D b 4.30 to IL L IN O IS Hutchinson— -5s 1931____ A&O 4 M s S e rv C o m p 1925-43-F&A 4.05 to 3M 4 Ms Pub Bldg ’61 op '31J&J 4.05 to 4% 4 Ms Aug 1 1930-38___ F&A Kansas C ity — 4s M a y 1 1926-1935___M&N 4 5s Feb 1 1942__________ F & A to 3M 4s Highway 1929-1940--May 4 Ms W at & L igh t 1944-J&J 4s Highway 1926-1928--May b 4% to 3 M 4 Ms Sch Bldg 1929____J&J 4s Highw ay 1941-1943.-May 4 Ms W at Plant Pur '39 J&J Champaign County— 4 Ms R efg Feb 1 '29___F & A 5s Road 192 1-1943.-M &N 4.05 to 4% 4 Ms Im p July 18 '49--J& J Chicago 4s 1926 to 1927--J&J Board o f Education—■ 3M to 3M % 4s 1928 to 1935________ J&J 4 4 Ms 1926-1953_____ F & A b 4.15 to 4s Jan 1930 & 1931____ J&J 4 4 Ms 1926-1953______ J&J b 4.15 to 4s Jan 1937-1939____ J&J 4 Sch Dist 4 Ms 1929-54--J&J b 4.15 to 4s Jan 1926-1941____ J&J 4% to 3 M % Sedgwick County— N o W Pk 4 Ms 1925-27-J&J 5s Fund 1925 op 1915--J&J 3M to 4 % 4% to 3M % N o W Pk 4 Ms 1925-28.J&J 4M s Brge Oct ’27op’ 17-J&J 3 i to 3M % W Chic Pk 4s 1925-27-J&J Topeka— W Chic Pk 5s 1925-27.-J&J 5s Top W at Sept ’26___J&J 4% to 3M % Chicago Sanitary District— 4M s 1925-1933________ F & A b 4.20 to 4M s July 1 1925-26--- J&J 4 Ms Elec L igh t 1929-- -J&J 3M 4% to 3M % 4s Sept 1925-1931____ M & S W ichita 5s 1929 op 1919--J&J W yandotte County— 4% to 3M % 4s 1925-1942__________ J&J 4M s Bridge ’32 to ’4 1 --F & A C ook Co— 4s 1925______ M & S 3M 4.05 to 3M % 4 Ms 1926-1940______ A&O KENTUCKY. 4 Ms For Pres '25-’43.J&J15 4 .0 ) to 3M % Ashland— 4% to 3M % 4s Ser K 1925-1931-.-J&D 5s Sew im pt '32 & '3 7 --M&S 4s Ser M 1925-1933--.J&D 4% to ^M % 4M s S I ’42. ’47. ’ 52___M&S 4s Forest Pres ’26-’3 4 .A & 0 4% to 3M % Bell County— East St Louis— 6s C t H Dec 15 ’38--J&D15 4 Ms ref Sept 1 '28----- Sept 4.23 Covington— Elgin Sanitary Dist— 6s W W Janl5 ’26-’36 J&J15 4.35 to 4.20 % 5s 1926-1944_________ M & N Joliet— 5s 1925_________ M &S 6s W W Jan 15 ’26-’31 J&J15 4 4.25 to 4 % 6s W W Jan 15 ’32-’61 J&J15, M oline 4 Ms 1925-1932...J & J 4 Ms Funding 1925-48-F&AI Springfield Sanitary D istrict—4.20 to 4.10 4 Ms W W 1925-1951--J&J 4M s 1926-1944________ J&D 4s W ater 1927_________ J&J IN D IA N A (see footnote o) 4s Fundg 1952 op '4 2 --F & A Cass County— Frankfort 4 Ms ’27 opt ’ 17-J&J Harlan County— o4s Bridge 1925-33.M&N15 5s R d & Bldg 1926____ M&S oEvansville— 4s R e f 1932. J&.T Lexington 4s 1945______ F & A o4s R e f 1942___________ J&J Lexington S D 5s 1938___J&D oFloyd C o 4s 1926-30---J&J ob. Louisville— oFort W ayne Sch D 5s 1933 oFranklin Co 4s ’25-’30--J& D 5s School 1962_________ A&O 114 4 Ms Hospital 1951____ M&S 106M oGary Sch C ity 4 Ms Oct 1943 4M s School Im p t 1954-A&0 104 oHendricks County— 4s M u niclm p D ecl ’28 Q-M 98 4s C H Jan 15 ’2 6 -3 2 -J&J15 98 4s Park 1930__________ J&J Indianapolis— 4s Refdg July 1 1937___J&J 4 98 05 Ms Track E le v ’31-’47 J&J 99 4s Sewer 1947_________ F & A 4 4s Park Im p Jan 1 ’27--J&T 4s Louisv W Co 1946--J&J 4 97 M o4s Fire D ept J ne 1 '41 J&J 4s Louisv W Co 1950--F & A o4Ms Sch J’ne 15 '40J&D15 4 97 M 92 3 Ms gold refg 1940--M & N o4 Ms 1926-1955---------- J&J b 4% to 3.50 % 3 Ms Refunding 1943--J&J o3Ms Hospital 1936--- J&J 4 92 M 84 3s Sewer & Park 1941--J&J 4 o3Ms C ity Hall 1939..J&J McCracken County— olndianap S D 4s 1925-26-J&J 4 5s R e f 1933 opt 1913--M&S 4 o4s Bldg Sept 1 1946--- J&J 5s R e f 1933 opt 1923--M&S 4 o3Ms July 1 1941-------- J&J Owensboro— 4s ’31 op ’ l l J&J o5s Oct 20 1925-39.A&O20 4 4s Street 1930 op 1915--J&J Jeffersonville 3 Ms '2 5-M & N 4 oKokom o 4s 1926-1931.-M&S 4 L O U IS IA N A . oLa Porte Co 5s ’25-'28.-J& D 4 5s P o rt Com m ’n ’26-’54_A& 0 4 oLoganspt 3Ms '26 op '16. J&J 5s Port Com m ’n ’25-'59--J&J o4Ms Sch H ’ 25-’37_J&D15 4 3.90 5s Port Com m ’n ’25-’ 55--J& D M arion C o— 4s R e f '2 7 .-J&D o3Ms Refund 1925____ J&D 3.75 4Ms R e f 1925-1964_____ F & A 4 Ms P o rt Com m ’n ’26-’ 57M&S 4 oRichmond— 4s 1927----- M&S Alexandria 5s 1925-52___F & A oSt Joseph County— 3.75 Atchafalaya L evee Dist— o3Ms 1926---------------- F & A 5s Sept 1932-1972--M&S15 100 oSouth Bend— 4s 1925— J&J 3.75 5s D ist re f & imp ’49 --M & S 102 o4Ms W W N o v ’4 3 ..M & N b 4.20 4.05% Bossier D istrict Levee— o4Ms W W Dec ’43___J&D b 4.20 4.05% 5s 1954________________ A&O 100 o5Ms 1931_____________M&S b 4.20 to 4% Caddo District Levee— o5Ms 1941_____________M&S b 4.20 to 4% 5s 1951 opt 1941_______J&J 101 South Bend School District— o4s A pr 17 1925-1927_-F&A 3.75 Caddo Parish S D N o 1— 5s School 1929-1943---J&J 3.75 Terre Haute— 4s 1927— A&O F ifth District Levee— 4 o4s Sewer 1930________ F & A 5s 1950 opt 1940_______J&J 4 99 M oTerre H Sch C 4s ’25-’31 M & S 5s 1952 opt 1942______ J&J 99 M 3.75 oV igoC o4 M D e c l6 ’25-’27 J&D 5s Oct 15 1962 op ’52--A & O 99 M IN D IA N T E R R I T O R Y (See Oklah oma) 5s Oct 15 1963______ A& O 15 99 M 5s 1957-1967.............A & 015 99 M IO W A 5s 1959-1969________ F&A15 99 M Lafourche Basin Levee— 4 4Ms 1927-1929__________ J&D 4M s 1932-1933__________ J&D 4 5s Jan 1954 opt 1944---J&J 102M 4Ms 1934-1940__________ J&D 4.05 Lake Borgne Dist Levee— 5s Dec 1952 opt 1 9 4 2 - -J&D 100 Boone 4M s 1926-31____ M & N 4.20 Burlington 4M s ’25-’3 3 .M & N 4.10 Council Bluffs— 4M s W a t W ks ’26-’30 .M & N 4 Crawford Co 5s ’ 25-’2 9 .M & N 4 Cushing 5s School 1939.M & N 4.30 Davenport 4s 1925-29.-M & N 4 Davenport S D 4M s '2 5 --J&J 3M 4% 4% 4% 4% To Net. 4.10 4 4.10 4.15 4.15 4.15 4.15 4% 4% 4% 4% 4% 4% 4 4 4.20 4.15 4.40 4.40 4.15 4.15 4% 4 4 4% 4% 4% 4% 4.10 98 M 98 M 98 M 93 93 M [V B onds. o l Bid. . 120. Ask. N ew Orleans 5s Premium J&J f 5s Premium (dr num )_-J&J / 5s 1925-1929__________ A& O 5s Oct 1927- 932........ A& O 5s Pub B elt R R ’39-'49-J&J 5s Pub Belt 1950-59---J & D 102 4 Ms Paving 1926-33---J&J 4 Ms 1956-1966_________ J&J 4s Floating debt 1948-A&0 88 4s Constitutional 1942-J&J 96 4s Public Im pt 1950 opt 95M 1942 (old issue)_____ J&J 4s Pub Im pt ’42 opt ’28.J&J 95M Orleans District— 5s July 1930-1939______ J&J 100 5s July 1940-1949______ J&J 10 >M 5s July 1950-1959______ J&J 101 Plaquemine Parish E Bank— 5s Oct 1952 opt 1942--A & O Pontchartrain District— D 6s 1944___________ M & N 110 5s July 1968.................-J&J 10J Red River A & B B District— 5s 1950 Series B _______A & O 101 5s M ar 1953 opt 1943-M&S 101 5s 1965 Series D _______F & A 100 Shreveport— 5s 1929-1931......... F&A 5s 1932-1936............. - -F & A 5s 1937-1961___________F & A 4 Ms W W & Sew’25-’ 54.J&J Tensas Basin Levee D istrict—5s Jan 1957_____________J&J 100 M A IN E 4% 5 Ms Bonus Fund ’25-’30-J&D 4.10 5s H way & Bdge '26-’54 -A & 0 4% 4% 4s Sept 1 1925-1953____ M & S 4% 4.15 4s Highway 1926-1936___M&S 4.50 4s April 1928-31 ta x-ex.-A & O 4% 4% 4.50 4s State Pier 1933-1942--M&S 99 Auburn— 3Ms 1925______ J&J 4s 1935 & 1940 tax-ex_.J& J 4.20' Augusta 4s 1926-45___________ b 3-95" 4.20 Bangor— 4s R e f W at '35 (taxable).J& J______ 4.15 4s Fund 1925-30 tax-ex. J&J 98 4.15 Bath 4s R e f 1941 tax-ex.J& D 96M 4.05 BiddMord 4s 1926-35. - -M & N 98 4.15 Gardiner W ater D istrict— 4.05 96 4s 1934 (taxable)________J&J 4.15 Keane 3ac W ater District— 4s Refunding M a y 1 1953-98M K ittery W ater D istrict— 5s Jan 1926 to 1938____J&J b 4.40 Lewiston 4s g Oct 1927--A & O 98 Portland— 5 4s Aug 1 1929 ta x -e x ._F & A 98M 4.50 4s C H ’26-'45 tax-ex. A&O 98 M 4s H igh Sch 1936 tax-exem. 98 M 4 Portland Bridge Dist (taxable) % 3 Ms July 1925 to 1939.M&S b 4M 4 Portland W ater District— 5 99 4s Funding 1928______ J&D Saco 4s April 1939______ A& O 97 4.15 Washington Co 4s 1928--J&J 97 W aterville— 4s g July 1 1927. 97 3M s Sept 1935_______ M & S --------4.50 M ARYLAND 4.50 4 Ms Aug 15 1925-33--F&A15 b 4.05 4s 1926 to 1928.......................Ib 4.05 4s 1928 opt 1923_________ J&J b 40 5 4s Jan 1 192§_____________J&J b 4.05 3 Ms 1925-1928...............F & A b 4.05 4s Roads 1926-1930_____ F & A b 4.05 4Ms Roads 1925 to 1928_____ b 4.05 Annapolis 4 Ms W W '42-A& O b 4.30 Baltim ore— 5s 1926-1946__________ M&S b 4.15 os 1926-1961__________ A& O b 4.15 4.50 4 Ms M a r 1 1926-55___M&S b 4.15 4 Ms M ar 1 1955_____ M&S 6 4.15 4.40 4s W ater 1926________M & N b 4% 4-30 4s Aug 1 1951_________ F& A 9-tM 4s Annex 1954_________ J& D 98 M 4s Parks 1955_________ M & N 98 M 98 M 4s M ar 1 1961_________ M&S 4s Aug 1 1961_________ F & A 98 M 4% 3Ms July 1 1930________ J&J 3 Ms Im pt 1940________J&J b 4% 3 Ms M a r 1945________M&S 6 4% 3 Ms Refunding 1952___J&J b 4% 3 Ms Sewage Im p t ’80-A& O 85M 92 3 Ms Jan 1 1927________ J&J Cumber’d 4M s W W '4 1 -A & 0 Hagerstown— 5s W ater 1938-1987---A& O 4M s 1936-1986________ A&O Washington Sub San Dist— ■ 5 4M s Sewer g 1973_____ J&J b 4.50 5 5s 1969______________________ b 4.60 4.40 4.40 M ASSACHUSETTS 4s 1925-52 (tax-exem pt) _-V ar 102 95 M 3M s gold July 1 1935____ J&J 4.45 3 Ms 1956 ref (tax-exem ).J& J 95 M 4.45 3 Ms 1937 reg (tax-exem ).J& J 97 M 4.45 3M s W ater 1942_________ J&J 93 M 4.20 3M s gold July 1944_____ M&S 92 M 4.45 3s A p ril 1 1929__________ A&O 95 M 4.65 3s gold M a y 1929______ M & N 95 M 90 M 3s M e t Sewerage 1936___M&S 88 % 3s gold July 1 1939______ J&J 3s gold W ater Jan 1 1941-J&J 87M Attleborough— 94 M 3 Ms M arch 1935_____ M&S B everley 4s 1925-1936 A&O 98 M Boston— 4M s Tun 1960 tax-ex.A & O 106 4.50 98 h 4s July 1936___________ J&J 4s Apr ’26-’37 (tax-ex).A & O 99 M 4s 1925-1939 (ta x -e x )..J & J 99 M 4s Tunnel & Sub 1948-J& D 97 M 4s Sub 1957 tax-ex____ A& O 101 Vs 4s Sub 1958 tax-ex____ J&J 101H 4s Tu b & Sub’59 tax-ex. J&J 101 % 3M s June 1 1932_____ J&D 95 % 3M sJu ne 1 1934_____ J&D 94 M 3 Ms July 1 1935_____ J&J 94 M 3 Ms June 1 1943____ J&D 91M 3M s June 1 1944____ J&D 91M 3 Ms July 1 1945_____ J&J 90 M Brockton 4s M a y 1927--M & N 99 M 3M s W ater 1932_____ M & N 95 H To N o t. 96 M 95 M 05 M 4.40 4.45 4.50 4.45 to to to to to to 3.95 3.95 3 95 3.95 3.95 3.95 4.25 to 3.85 % 4.40 99 % 4.25% 99 M 99 M 99 M 4.15% 99 M 4.50 to to to to to to to to 3.901% 3.' 0 % 3.90,% 3.°0 % 3.90 % 3.90, % 3.90 % 4.10 % to to to to to 4.05 4.05 4.05 4.05 3.90 98 1 4 98 M 93 % 98 M 98 H to 3.90 to 3.90 to 3.90 to 3.90 4.15 4.20 4.20 to 4 H to 4.50 6 Basis. / F la t price, n Nom inal, c Tax-exempt; under a law approved M arch 9 1903 and which went into effect A pril 23 1903. bonds issued after that date b y State or municipal corporations are tax-exempt, and these sell on a better basis, s Sale price. STATE AND MUNICIPAL BONDS M a t , 1925.] B onds Ask. To N e t. Cambridge— 3 Ms M ay 1 ’45 (reg)_M & N 90 3s Bridge 1941_______ F & A 86M Chelsea— 4s Park 1936--A & O 98 Fs 4s Oct 1925 (r e g )_____ A & O 99M E verett— 4s Sewer 1929--M&S 99 Fa Pall River— 4s June 1 1927 (r e g )___J&D 99 M 3Ms W ater Feb 1930--F&A Fitchburg— 99 3Ms W ater 1926________ J&J Gardner— 4s W ater 1926-1934--M&N 98 M Gloucester— 3 Ms W ater '25 to '3 1 --A & O 97 M H averhill— 4s 1927______ J&D 99 M Holyoke— 4s gold 1927___J&J 99 M 3Ms Dec 1925-1932___J&D 97 M Leominster— 4s g 1925--A & O 99M Lynn— 4s July 1927_____ J&J 99 M 4s July 1 1925 (reg ).-J & J 99 3 Ms April 1 1932_____ A&O 95 M Marlborough 4s Julv ’26--J&J 99 M M edford 4s Feb 1930____F&A 98) 4 5s Apr 1 1926-28 tax-exempt 101 M M ilton 3 Ms 1925 to 1932-F&A 97 M N e w Bedford 4s 1926___A&O 99M 4s Sewer 1926-41 (taxexem pt)____________ M & N 101 Fa New buryport— 3 Ms W ater 25 to ’34 --J&D 97 N ew ton 4s 1935_________ F& A 98 Fa 3 Ms W ater Dec 1926--J&D 99 N ortham pton— 3M s g 1925 to 1926____ J&J 99 M Pittsfield— 4 M s 1925-30 (tax-exem pt). . 100M Quincy 3M s '26 to ’3 9 --.A & 0 T a x exem pt________________ "9734 Salem 4s Jan 1 ’32-’54 tax-ex- 10134 Springfield 3 Ms 1935----J & J 94 M 3s Sewer 1930_________ J&D 94 Taunton— 4s 1927______ J&D 9 9 )4 3M s Sewer Dec 1 ’30--J&D 9624 Wakefield 4s 1925-33...A& O 99 Fa 9824 W atertow n— 4s 1925-34--J&J 3 Ms 1926 to 1929_____ J&J 98 Fa M IC H IG A N ( C o n c lu d e d )Sault Ste M arie 4s 1932___J W ayne County— 4 Ms bldg&bdge ’25-’39M& W yandotte 4M s 1934___J& % Bid. B onds. Ask. To Net. 4.15 b 4.10 to 4% 4.20 51 Bid. B onds. St Louis ( Concluded)— 1 4s W W R e n e w ’31- M & N 4s School 1937_________J&J 4s School 1938 J&J 3.65s Ren June ’25-’27-J&D 4.10 100M Beltrami County— 6s Road 1930_____ _______ Brainerd 5s N o v 1925-1929. 101M 5.50 5.25 4.75 4.20 4.20 4.20 4.20 _____ ______ ______ Duluth Ind School Dist— Hennepin County— 6s Bridge 1926-40--5 Ms Bridge 1926-40. Minneapolis—5s 1925-1928................ . 5s 1929-1932__________ . 5s 1935, ’36, ’40, ’43, 4 Ms 1926-1935.. 4 Ms M ar 1926-1 4 Ms School 1941. lb 4.30 b 4.30 b 4.25 b 4.25 66M % ft6M % to to to to to to to to oo o-o- 4.20 4.15 4.15 4.10 4.05 4.05 4 4.15 4.15 4.10 4 10 6% 6% % % % % 4.80 5 5 5 5.10 4.10 to 4% to 4% 4.15 to 4% to 5% to to to to to to 4 Ms N o v 1 1931_____ 4s R e f M ar 1 1939--- 4.90 5s R e f D ec ’35 op ’33— J&J NEBRASKA Lincoln S D — 4M s 1929-1953______ M & N ft 4.25 to 4% Omaha 5 Ms 1911 M&N 5s 1930, ’35, ’40, ’45. ’ 50 4.10 4.10 3% 4% 4% 4% 4% 4% 4% 4% b 4.20 to 4.05 b 4.21) to 4.05 b 4.20 % % % % % % % % % 4.25 ft ft 4.35 4.20 4.15 4.20 4.15 4.15 4.15 4.15 4.15 4.15 4.10 4.10 4.10 It f It f b It f b 5 ft to 4.10 to to to to to to to to to to to 4% 4.05 4% 4% 4% 4% 4% 4% 4% 4% 4% 4.70 % 4.80 6 5.25 to 5% b 4.25 to b 4.25 to 4% to b 4.20 b 4.2 i \b 4.20 \ 4.15 to b Ift 4.15 to ib 4.15 to 4.15 to 6 4.15 to b 4.15 to b 4.15 to b b b b 4M s Sewer July 1 ’434 Ms W ater Aug 1 ’43 ft 5% Kearnev 4 Ms 1020-1045 M&S St Paul— o ft 4.45 4.30% ft 4.35 4.25% b 4.20 % b 4.25 to 4.10 6 3 Ms W ater Wks 1932Ramsey County— M ONTANA 5M s Educational 1941- J&J 4 Ms Educational 1944___J&J Billings 5s 1934 op 1929 J&J Butte“ 5s 1926-1936 J&J 6s 1941.-. . J&J Daniels Co 6s 1933-1942 4M s W W Dec 15 ’ 41 Omaha S D 4 Ms 1928 4 Ms Julv 1931 4 Ms M a y 1 1955 5s 1948,1 5 Ms M a y 2 1951 So Omaha S D— 5s Dec 1929 .. 4 4.15 4.15 4.25 4.30 4 4.20 J&J J&J .T&.T M&N J&D M&N 4.35 4.20 4.10 4.10 4 4.10 101M 4.15 4.20 4.40 J&D 4.10 NEVADA 4M 4.30 to 4% 4% 4% 4% 4% 4.20 4.20 4.20 I 5Ms Oct 15 1941_____ A & 015 5M s Highway 1941_____ J&D 5s Highway 1940________J&D 4M s Highway 1943_____ F & A 4 Ms Highway Im pt 1937 A&O 4s Highway Im pt 1942.-A & O Ann Arbor School D istrict— 4s Sept 1935__________ A&O Battle Creek— 4s C ity Hail 1927-36--F & A ft 4.15 B ay C ity 4s 1934________ J&J 5Ms W W 1925-1951--M & S b 4.50 B ay C ity Union S D— o6s 1926, 1931, 1936--.J&J b 4.40 Bessemer 5Ms 1925-49--F&A b 4.65 Calhoun Co 4M s 1926-- A&O D etroit— o6s Pub Serv 1926-29.-J&J o6s Pub Serv 1930-51--J&J b 4.50 o5Ms N o v 1 1945____M & N o5Ms Pub U til '26-’29.J&J b 4.20 o5Ms Pub Util ’30-’51-J&J o5Ms Pub U til ’26-’48-A& 0 b 4.35 5s Pub Im p t 1926-29___J&J 5s Pub Im pt 1930-51___J&J o5s Jan 15 1936-42--J&J15 o4Ms Pub Lib 1948-J&J15 o4Ms 1932, 1935-42. J&J15 4M s 1942-1952________ J&D o4s Aug 15 ’ 25-’2 8 .- F & A l5 o4s School 1946______ M & N 3 Ms Park 1930________M&S oEscanaba 4 Ms 1925-30--J&J ft 4.25 oFlint 4 K s 1925-39_____ F & A b 4.20 4M s 1938-1953________ J&D 4M s 1925-1954____ M&S15 ft 4.20 4M s 1925-1937________ J&D b 4.20 o5s (M a r 15 & Apr 1) ’31-'50 Flint Union School Dist— 5s 1926-1954__________ M&S b 4.30 oGenesee Co 6s 1926-31.M&N b 4.30 Grand Rapids— 5s 1926-1934__________ A&O 4M s Flood Protec ’33-M&S 4M s 1926-1928________ F & A 4 Ms 1929-1930________ F & A 4M s 1931-1953________ F & A 4s Water N o v 15 ’29--M & N Highland Park 5s 1928--J&J 04 33s Sept 15 1934- - .M & S Jackson 4 Ms 1930-47.A &016 4 Ms Gen Im pt ’30-’54-M &N Kalam azoo— o4 Ms Sewer & Im p t 1925______________ J&J Kalam azoo S D N o 1— o5s School ’25-’30--M &S15 b 4.15 Lansing— o5sImpJuly 15’25-32 J&J15 b 4.15 o5s Sewer 1925-26____ J&D o5s Jan 3 1926-1932..J&J3 b 4.15 o4Ms Jan 3 1930-36--J&J3 4M s 1937-1946________ J&D M arqu ette 3 Ms 1926____ J&J Muskegon—-5s 1925_____ J&J 4M s W -W 1926-44____J&J 5 "4.20 4s M a y 1 1934________ M & N Muskegon S D 5s 1942___July Muskegon C o 4M s 1932--J&J Pontiac— 4Ms ’31-’47___M&S 5 Ms Sewer 1925-1942_____ 6 4.40 6s W a t Im p t 1925-28-J&D 6s W a t Im pt 1929-35--J& D 6 4.30 6s W a t Im p t 1936-50--J& D P o rt Huron 4s 1932______ J&J Saginaw 4M s W a t ’25___M & N 4M s Sewer 1925-1933--J&J 4 Ms Sewer 1925-1949.F&A to to to tb to To Net. M IN N E S O T A M E X IC O See Foreign Govts, page 49. M IC H IG A N (See footnote b 4.20 ft 4.20 ft 4.15 ft 4.15 ft 4.20 Ask. N E W H A M P S H IR E % % % 3 Ms Hospital 1925.. J&J Berlin— 4s R e f 1925 M&N Concord— 3M s 1925 to 1929 - - . J&J D over 3 Ms 1928-1931 J&D Manchester— 4s 1925-1940 (tax-ex) F& A 4s 1925-1942 (tax-ex) J&J 4s Sewer 1926-1943 (tax- 99 M 98 M 96 M 98 M 98 M 98 M 98 M Portsmouth— 98M 109 4.60 NEW JERSEY M IS S IS S IP P I 5Ms Im pt 1926-1930— 4.20 4.20 % 4.35 4 Ms 1930-1950. 4% 4.35 4 Ms July 1 1925-1935-. 4% 4 4.20 4.20 4.15 4.15 4.15 4 4.10 4.10 4% M eridian— 4% 4.20 4% Mississippi Levee District—■ 4% 4.20 to 4 20 % to 4% 4.05 4.05 4 4.05 4 6 4.30 to 4.20 % 4-50 Aubud S D Os’ 25-’40 A& O 4.45 Bayonne— 5s Fund 1928 J&J 5s Jan 1 1926-1949 J&J 4.85 4.85 4M s Jan 1 1933-.. J&J 4.80 4M s 1925-1953.. F& A Vicksburg— h d h 4 1 5 o p t io n a l 1 2 s 92 92 & 4.10 4Ms Road bdge 1938 J&J 4M s 1940- --_ -J&J 102 M 103 4.20 4.25 4M s 1955 ____ ________ J&J 102 M 103 4.15 Asbury Park—4.15 4.15 Atlantic C ity— 5s 1925- J& D 4 6s 1927. _ ______ A& O 4.10 J&J 4M s 1925-1937 _____ 4.75 4M s 1938-1958 - . J&J 4.25 4M s g W ater 1926____ J&J 4.50 4M s Paving 1938 _____ J&J 4.20 4M s Jan 1 1945.. . .J&J 4.35 4s Water 1930. . . __ J&J 4. iO Atlantic Co— 6s R ’d ’26 J& D 6 4% 3 .95% 4.70 Atlantic Highlands— fin to 4% 4.40 Belleville S D 5s ’27-’44 M & N 4.50 Bergen C o 5Ms '31-’34 J&D 4.80 to 4.50 % 5 Ms Dec 1 1935-1942 J&D J&D 5s Dec 1944______ 4.75 4.75 5s Dec 15 1925-1955 J&D 15 4 Ms 1926-1939. - - A&O 4'Ms Aug 1925-1938 F&A 4 4.10 4.15 M IS S O U R I 4.10 4.10 5s M arch 1930-1936____ 100 99 4s Road 1933-34 Ser D _. 3.80 Kansas C ity — 5s W ater W orks 1939--J&J 107 to 4% 4M s Sept 1 1930______ M & S 101.02 4 Ms M ar 1 1933______ M&S 101.78 to 4% 4M s W ater Works 1942-J&J 6 4.20 to 4.05 4% 4s Sept 1 1930________ M & S 98 M Kansas C ity School Dist— to 4 % 4.10 5s July 1941___________ J&J 107 M 101 4.05 in i v 4 4 4M s Jan 1943__________ J&J to 4 % 98 M 4.15 97 M 4.20 3 Ms July 1925_________ J&J 99 M 4.10 L ittle R iver Drainage Dist— 5Ms Oct 1925-1944---A & O 6 5.30 to 5.10 4.20 to 4% St Joseph 4s 1926______ M & N 99M 100 4.15 St Joseph School District— to 4.15 % 4 Ms, 1925, 1930 and 1935-- 6 4.30 to 4.15 4.40 St Louis— 4.15 4 Ms Bridge-Compl ’35 A&O 6 4.10 to 3.95 4 4 Ms Public Bldg & Im p to 4% 1928-1943____________ J&J ft 4.10 to 3.95 4s Insane Asylum ’2 8 -A & 0 ft 4.20 to 4% to 4% 4s Public Im pt 1928____ J&J ft 4.20 to 4% 4 % 4.20 % % % % Camden— 5 M s A u g l 1925-1961 F & A 6 4.25 4M s School 1943_____ A&O ft 4.20 4 Ms W ater ’26 to ’60 M & N ft 4.20 ft 4.20 6 4.25 4M s 1935-1957-_ . J&J 6 4.25 £ 4 Ms 1926-1964 ______ F & A ft 4.25 4s 1944 J&J 6 4.20 Cape M a y — 5s 1934 J&D 4 Ms School 1926-1951 M&S 4 Ms 1926-1952 M&S 5s Sewer 1926-1960 4s 1934-.. J&J A&O 3 M s W ater 1933 A&O Elizabeth— 4Ms 1955 J&J 5M s D ec 1 "1925-1946.J&D 6 4.25 Englewood— 4s Sept ’35 M & S Essex Co 4 Ms Road ’35 F & A 4M s L ’d Purch ’26-’46-J&J 4 Ms Hospital ’25-’4 9 ..F & A 4M s Road 1932-1936..F & A 4s 1926________________ F& A 4s Hospital 1946 _ -F & A 3.65s Park ’26 to ’3 5 .-F & A Essex Fells (Boro) 5s July 28 1925-1960 . ----. Garfield 5 Ms 1929____ M&S 4M s I mp 1926-1942____ J&J 6 4.20 6 4.20 6 4.20 ft 4.20 6 4.25 ft 4.10 6 4.15 4.15 4.15 4.35 4.30 4.30 4.30 4.30 4.30 4.30 43 0 4.30 5 4.80 4.30 4.30 4.30 4.30 4.20 4.30 4.30 4.30 4.30 4.20 4.20 4.20 4.20 4.20 4.20 4.20 4.10% 4.05% 4.05% 4% to 4.10 % to 4.10 % to 4.10 % 4 .05% 4.75 4.75 4.75 4.20 4.20 4.20 4.20 4.20 4.15 to 4% 4.10 4.75 to 4.05 % to 4.05 % to 4.05 % to 4.05 % to 3M % to 4% to 4% 4.85 4,60 4.50 4.30 4.30 b Basis. / F lat price, n Nom inal, o Tax-exempt; under a law approved M arch 13 1909, and which went into effect Sept. 1 1909, bonds Issued after that date by municipal corporations are tax-exempt and these, accordingly, sell on a better basis. STATE AND MUNICIPAL BONDS 53 B onds. Harrison— 4s 1930________ J&J Hoboken— 4 Ms 1940_____ J&J 3Ms 1931_____________M & N 5s School 1926-1954___J&J 6s Sewer June 1 1926--J& D 6s P a v & Sewer 1926-.F& A Hudson Co— 4 M-s 1948--A& O 4Ms M a y 1 1950_____ M & N 4s g Park 1959 & '5 4 --M & N 4s gold refunding 1935-F&A 6s Road July 15 1925-J&J15 Irvington 5s School '6 3 --J&D Jersey C ity — 6s 1926----- J&D 5Ms School 1942-1953 - A&O 5Ms D ec 1 1931-1933--J&D 4Ms School 1925-58___J&D 4Ms Refunding 1928___J&J 4M s School 1945______ J&J 4Ms W ater 1961______ A&O 4M s Park M a r 1961---M&S 4s W ater 1932_________ A&O 4s Refunding 1949____ F & A Keansburg 5 M s____ Kearny 4 H s 1936---------- F & A 4 Ms A pril 1962________ A&O 4 Ms Sch Im p t ’ 25-’52-J&D Lodi— 5s 1926-1947______ J&J Long Branch 5s 1943____ M &N 4s June 1 1935---------- J&D Lyndhurst 5s 1925-1957--J&J 6s Im p t 1926__________ J&D M ercer Co— 4 Ms 1933___J&J 3s Road 1933-............J & D 3Ms A pril 1941---------- A&O 6s Road&Bdge ’25-’34-F& A Middlesex Co 4 Ms ’26-’34. J&J 6s Road 1925-1931____J&D 4M s Fund July 1925-1939-_ 4M s Road 1927-44— F&A2 4 Ms Im pt 1926-32----- A&O 3 Ms Bridge '26 to '3 1 --J&J Monmouth Co 6s 1926_--M&S 4M s 1926-1954-M ontclair 4 Ms Sch 1941-A&O 4M s High Sch Bldg '44. J&D 3M s School 1932-------- J&J Morris Co— 4s '35 opt '05-J&J 4M s 1942 opt 1922____J&J Morristown 4 Ms ’25-’42- - J&D N ew ark— 4M s 1944-------F& A 5M s Oct 15’25 to '59 A& 015 5s 1925-1958___________ J&J 4M s Dock 1959-------- F& A 4 Ms A pr 15 ’26-’61.A&015 4Ms School D ec 1 '4 5 --J&D 4s Sch House 1959 opt 1949 4s Pas Val Sew'61op’51 J&D 3M s 1929______________ J&D 3M s Track E le v 1954-F&A Vailsburg 4M s 1934----J&J N ew Brunswick— 4 M s Aug 1 1925-57----F & A N ortn Bergen 5s 1941— J&D 6s School 1925-29____ M & S 6s School 1930-58____ M & S N orth Plainfield 5s 1925-1954 N u tley 5s 1933__________ J&D Ocean C ity — 5s 1944----- F & A Orange— 5s 1926 to 1932-J&J 5s W ater 1938_________ F & A 4 Ms School 1943-------- J&D 4s School House 1934--J&D Passaic 4 Ms 1926-40----- M&S 5Ms Gen Im p ’25-’28--J&D 5M s Gen Im p ’29-’44_-J&D 5Ms Gen Im p '4 5 -5 1 --J & D 5s Im p 1925-1948----- M & N 4 M s Refunding 1944_ _M & N Paterson 6s 1925 & 1926.M & N 5Ms 1927-1934_______ M & N 5Ms 1935-1959--.----- M & N 4M s 1933 to 1944____ M & N 4M s Feb 1 1945_______F&A 4s N C Hall 1925 to ’32-J&J Perth A m boy 4 Ms A pr 1944_ 4M s W ater 1927-29-.M&S2 4 Ms W ater 1930-34--M&S2 4M s W ater 1935-64--M&S2 4M s School 1938-------------4 Ms Funding 1925-27-A&O Plainfield— 4s 1925 to '34. J&D 4s School 1959________ M & N 4 Ms 1925-1962 various. . Ramsey 5s W ater 1925-1940 Red Bank (Borough)— 4M s 1926-1953_______M & N Ridgefield 5s July ’ 25-’31-J&J Ridgewood 5s 1925-26— F & A Riverside 5s 1925-1933--A & O Sea Isle C ity 5s 1943----- F& A Sou Orange— 4s '25 to '44-J&J Summit 4M s Sch 1941----F & A 4s 1933_______________ M & N Trenton— „ 5Ms Oct 1925-1951--- A& O 4 Ms W ater 1943-------- A&O 4M s School 1930-60--M & S 4s C ity H all 1939_____ J&D 3 Ms Sch N o v i 1929--M & N Union Co 4 Ms 1937----- M&S 4M s 1942_____________ M&S 4 M s Road&Rdge’27-47 F& \ 4s Oct 1 1942--.............A -O 5M s June 1 1926-------- J&D Vailsburg— See Newark. Weehawken 4M s ’25-’28-J&D W estfield— 5s June 15 1925-60.- J&D W est N ew Y ork 5s 1936 M&S W ildwood 4M s 1926-57 F& A Bid. — — b 4.15 to 4% b 4.15 4 1 0 % b 4.10 4.05% b b b b b b b 6 b b b — 4.20 4.30 4.25 4.20 4.20 4.20 4.10 4 10 4.20 4.15 4.25 to to to to to to 4.30 4.30 4.30 4.30 4.30 4.30 4.25 4.25 4.25 4.25 4.25 4.25 4.15 4.15 4.15 4.1 S 4.15 4.15 4.15 4.15 4.15 4.15 4.85 4.50 4.50 4.50 4.50 4.50 4.50 4.60 4.75 4.15 4.15 4.15 4.15 4.15 4.15 4.15 4 15 *. 4.15 4.15 4.15 4.15 4.15 4.15 4.15 % % % % % % 4.05 4.15 4.10 4.0" 4.0" 4.05 4% 4% 4% 4% to 4.10 % — b 4.30 to 4% — B onds. Ask. — b 4.25 to '4 % b 4.15 to 4% 4.20 4.50 4.50 4.50 4.50 4.50 4.50 4.30 4.30 4.30 4.30 4.30 4.25 4.25 4.25 4.25 4.25 4 4.10 4.20 4.20 4.40 4.20, 4.25 4.30 4.30 4.30 4.30 b 4.20 to 3.50 % 4.50 b 4.25 to 4% 4.50 4.50 4.50 4M 4.35 4.35 4.35 4 15 4.15 b 4.15 to 4.05 % 4.15 4.15 4.15 b 4.15 to 4% 4.15 4.15 4.50 4.50 4.40 4.50 N E W M E X IC O 4.25 4 Ms R e f 1953 opt 1933- -J&J 4.50 4 Ms Dec 16 1952 opt '22 .J& D 4.25 4s Fund 1939 opt 1919- M&S 4s Highw ay 1925-1944- -J&J b 4.25 to 4% 4.25 Albuquerque 4 Ms 1929- .M&S 4.55 5s W W Dec 1962--- J&D Bernalillo County— 5 5s 1931 opt 1921------5 Socorro Co 5 '41 op ’21. A & O NEW YO B K . Bid. Ask. To Net' (See n ote bel ow.) 5s M a r 1 1926-1971_____ M&S 6 3.95 to 4.05 5s Jan 1 1926-1971_______J&J b 3.95 to 4.05 4 Ms H ighw ay 1963_____ M & S 112 M 4Ms Canal 1964_________ J&J l i i M 113 4 Ms Canal 1965_________ J&J 107 109 4 Ms H ighw ay 1965_____ M&S 107 10 i 4Ms Barge Canal 1945___J&J 105 106 M 4 Ms Bonus 1926-1930___A&O b 3.50 to 3.80 4Ms Bonus 193!-1939---A & O b 3.70 to 3.80 4M s Bonus 1940-1949___A&O b 3.75 to 3.30 103 4s Canal Term 1942_____ J&J 102 4s Canal Term Jan 1946--J&J 102 103 4s g High Im p M a r '5 8 --M&S 103M 10 iM 4s g High Im p Sept '5 8 --M & S 103 M 10 >M 4s High Im p M ar I9 6 0 .-M&S 103 M 104M 4s Canal Im p July I9 6 0 -.J&J 103 M 101M 4s Canal Im p Jan 1961___J&J 103M 10 M 4s Canal Im p July 1961 .-J & J 103 M 104 M 4s Highw Im p M a r '6 1 --M&S 103M lO tM 4s Palisade Park 1961___M&S 103M 101M 4s Canal Jan 1962________ J&J 103 M 10 IM 4s Highw Im p M a r '6 2 --M&S 103M 104M 4s Canal Im p Jan 1967___J&J 103 M 104M 4s Highw Im p M a r '6 7 --M&S 103 M 10 M 4s Palisades Park 1967--M&S 103M 104M 4s Bldg constr ’25-’26___M & S b 3.80 4s Bldg constr ’27-’30___M & S b 3.8J 4s Bldg constr ’31-’34___M & S b 3.75 to 3.80 4s Bldg constr ’35-’49___M & S b 3.75 to 3.80 93 97 3s g Jan 1 1956__________ J&J 97 93 3s g July 1 1958__________ J&J 97 93 3s g Canal Jan 1 1959____ J&J Albany— 4M s ’25-’28___J&D b 3.50 to 3.80 % 4 Ms W ater 1925-34--M & N b 3.50 to 3.85 % 3.90 4M s Oct 1963_________ A& O 3.80 4 Ms W a ter 1932_____ M & N 4 Ms 1925-1954________J&D 6 3.50 to 3.85 % 4s M unic & Sch ’26-’63_ J&J b 3 % to 3.80 % 4s Park 1926 to '3 0 - - -M & N b 3.50 to 3.75 % 3M s Pub Im p ’26-’3 4 .-F & A b 3.50 to 3.75 % 3.50 Albany Co— 3 Ms 1925--F& A 3.85 4 Ms 1936-1937-1938--M & N 4.00 Allegany Co 4M s’32-’36-M&S Amherst— 4 Ms 1927-30-M&S 6 3.90 to 4% to 4Ms 1931-1933_____________ M&S 64.054.10 % to 4M-* 1934-1 37_____________ M&S 54.10 4.20 % 4M 4Ms 1938-1955________ M&S Amsterdam 5s W a t 1925-’37._ b 3.60 to 4% % Auburn 4 Ms Dec6’25-’31 J&D b 3.60 to 3.90 % 4M s 1925-1934____________ b 3,60 to 3.95 % 3.85 Binghamton 4s '28&’2 9 --F & A 4s Sew Disp ’26-’36___F & A b 3.65 to 3 90 % 4 Ms 1925-1956____________ b 3.60 to 3.9 ) % 4M s 1925-1971_________ var. b 3.65 to 3.90 % 4 Ms Park 1925-’37____ J&J b 3.60 to 3.95 % 3.90 3M s Bridge 1935_____ F & A Brooklyn— d— 3.50 4s Bridge 1926_________ J&J 3 Ms g 1926 to 1937____ J&J b 3.50 to 3.90 % 3.50 3 Ms g July 10 1925____ J&J 3.90 3 Ms gold 1936_________ J&J Broome Co 5s ’26-’33___M&S b 3.65 to 3.90 % Buffalo—3.90 4Ms June 15 1944___ J&D15 3.90 4M s June 15 1964---J&D15 4Ms 1925-1968________J&D b 3.50 to 3.90 % 3.85 4 Ms Feb 15 '62 op '3 2-F& A 4s June 15 1925-’30___J&D b 3.50 to 3.75 % 3.80 4s June 15 1960-------- J&D 3.75 3 Ms Park R eg 1927___F& A 3 Ms W ater 1925-35---M&S b 3.59 to 3.75 % Cohoes 6s R e f W a t’25-’45 J&J b 3.80 to 3.45 % Corning 5 Ms 1926-’60___M&S b 3.75 to 4 36 .% Cortland Co 4M s ’25-’51-J&J b 3.65 to 3.95 % DelawareCo4.20s ’26-’52 A&O b 3.70 to 4% 3.90 Elmira— 4s 1935________M & S 4M s W ater 1926-’4 5 --A & 0 b 3.60 to 3.95 % 3 10 4 Ms A pr 1 1933-1935______ Erie Co 4 Ms '26-’36tax-ex J&J b 3.60 to 3.85 % 3.85 4s 1945-1953__________ M & S 4 Franklin Co 4 Ms ’31-’40_M&S Fulton— 3.40s '25 to '29-J&D b 3.65 to 3.90 % Garden C ity — 4M s 1925 to 1952_____ J&J b 3.65 to 4% 3.70 Geneva— 4s W ater '26___A& O Glens Falls— 4 M S re f sewer Aug 31 1925-1928_____ F & A b 3.65 to 3.90 Groton 6s W a t ’26-’ 50_-M & N b 3.80 to 4% Haverstraw 4.12s’26-’37 M & S b 3.75 to 4% Hempstead Un F S D N o 1— 5Ms 1925-1929________J&J b 3.75 to 3.90 % b 3.80 to 4% 6s 1925-1930__________ 6s 1931-1954_______________ b 4% to 4.25 % Herkimer— 4M s ’26-’2 7 -M & N b 3.75 to 3.85 % Hudson— 4M s H igh Sch ’25-’3 2 -A & 0 b 3.70 to 3.95 % Irondequoit 5s ’29-’53___J&J b 4% to 4.15 % Irvington 4.10s ’25-’3 6 --A & 0 b 3.75 to 4% 3.80 Ithaca 4-30s '27 op v a r___J&J 3 95 4Ms Rer W ater 1942--J&J 3.90 Jamest’n 4s M a r 20 '4 3 --A& O Jamestown S D 5s 1925-29 — b 3.60 to 3.SO % 5s 1930-1939__________ J&D b 3.90 to 4% Johnstown 4 M s D ec 1925-37-- b 3.65 to 4% dKings Co 4s M a y 1 1926-44- - b 3.50 to 4% Kingston 3 Ms g ’26-’3 6 --A & 0 b 3.60 to 3.95 Lockport4M s 1925-1944------- b 3.65 to 4% 4 Ms Sch 1926-1944_________ b 3.«5 to 4% Madison Co 4 Ms ’26-’29-Feb 1 b 3.75 to 4% Mamaroneck On F S D N o 1 5 M s M a y 1 ’ 26-’ 28— M & N 6 3.85 to 4% 5 Ms M a y 1 ’29-’52___M & N b 4.05 to 4.20 % M iddleport 4.35s ’ 25-’42-J&D b 3.90 to 4.20 % 4.35s Sewer ’25-’39___J&D b 3.90 to 4.20 % 3.90 Middletown 3 Ms 1931-- - F & A 3 95 M t Vernon 4M s ’3 1 -'4 3.-A & 0 5 Ms 1926-1934________ A&O b 3.75 to 4% 5 Ms 1935-1941________A&O b 4.05 to 4.10 % 3.95 4 Ms W ater 1942______ J&J 4M s 1925-1943____________ b 3.65 to 3.95 % 3.95 4 Ms School 1962-73.-M & N 3.95 4s Sewerage 1950-55--M & N 5s Jan 2 1926-1928---J&J2 b 3.75 to 3.90 % 4.10 5s Jan 2 1938_________ J&J2 Nassau Co— 4 Ms ’25-’29-J&J b 3.50 to 4.80 % 3.85 5s Aug 1 1928----------------3.90 5s 1931-1939_________ M & N 4M s R e f 1925-1928— M & S b 3.50 to 3.80 % 3.90 4M s 1938-1943________J&D 4 Ms 1925-1946-_____ M & S b 3.50 to 3.90 % 3.85 3 Ms Court House '30-M & S [ V ol. 120. B onds. Newburgh 4M s ’26-’3 4 --F & A 4 Ms W a t Im p 1926-41-J&J 4s W a t Im p 1942-63___J&J N ew Rochelle— 5s 1926-1929__________ M & N 5s 1930-1950__________ M & N 4 Ms Mun Im p ’26-’35.M &N 4s 1926-1930__________ M & N 3 Ms 1925 to 1933_____ J&D N ew Y ork C ity — 4M s June 1965________ J&D 4 Ms June 1925-30____ J&D 4 Ms 1963______________M&S 4 Ms (old) M a y 1957--M & N 4 Ms (new) N o v 1957-M&N 4 Ms Corp stock 1967--J&J 4M s Corp stock ’26-’32-J&J 4M s Corp stk 1971--J&D15 4 Ms Sch & Var ’25-'39-J&D 4 Ms 1960 opt 1930____ M&S 4M s 1960_____________ M & S 4 Ms M a r 1 1962______ M&S 4 Ms M ar 1 1964______ M&S 4 Ms A pril 1 1966_____ A&O 4M s A pr 15 19 72--.A & 015 4 Ms Rap T r & W a t ’74 J&D 4s Various 1936_______M & N 4s N o v 1955__________ M & N 4s Various 1956_______M & N 4s Various M a y 1957-M & N 4s N o v 1958__________ M & N 4s M a y 1959_________ M & N iM s g exempt 3 Ms st 3 Ms L Bid. Ask. To N et. b 3.65 to 3.90 % i b 3.65 to 3.95 3.95 b b b b b 3.70 3.90 3.60 3.60 3.60 106 M b 4.10 106 M 106M 106M 107 b 3.95 107 M b 3.95 101 102 M 102 M 102 H 102M 102 M 102 M 99 99 99 99 M 99M 99 % b 3.80 b 3.80 6 4.10 b 4.10 b 4.10 89 M 89 M 90 M 90 M 89 M 90 b 3.80 N iag F ;s - 5 M s ’41-’48.M & N 4.11 v Sewer 1935-50--J&J 414. School 1926_____ F & A 4 Y .' W at M a y l ’41-’48 M & N 4f‘‘ /s Rrtepav '29-33 reg.M & N 4M s Sew ’39-’46 r e g ..M & N 3 Ms 1942-1945_______ M & N N orth Tarrytow n (b) 4M s W ater 1925 -45-..A & 0 b 3.80 4M s W ater 19 46 -64.-.A & 0 Oneida— 4s W ater ’40-'45-J&J 4M s W ater 1930-39____J&J Oneida Co 3M s ’26-’2 8 --F & A b 3.60 Onondaga Co 3s ’25-’29--J& J b 3.50 5M s 1925-1930_______ M & N 6 3.50 4M s 1925-1926_________ J&J 6 3.50 4s M arch 1 1929______ M&S Ossining 4Ms 1926-42___M & S 6 3.65 Oswego— 4 Ms 1926-29. .M & N b 3.60 5 Ms School 1926-46.-M & N b 3.60 Penn Y an 4.35s '25 to '3 1-O ct b 3.70 Poughkeepsie— 3 Ms 1925 to 1930____ M & S b 3.50 4M s W ater 1925-52... J&D b 3.50 Putnam Co 4M s ’25-’29-F& A 6 3.65 Queens County 4s 1927--J&D Rochester— 5s 1926_____ F & A 5s 1927-1931 (coupon) .F & A b 3.75 5s 1932-1951 (coupon) .F & A b 3.85 4 Ms Jan 15 1933______ J&J 4M s Municipal 1945--M&S 4 Ms Pub Im p '25-’48 -F & A b 3.50 4 Ms School 1926-45---J&J b 3.60 4 Ms 1926-1936_________ J&J b 3.60 4s 1926 to 1927________ J&J b 3.60 4s Im p Sch. &c, ’26-’47. J&J b 3.60 3M s R e f 1933 opt 1913-J&J Rockland Co—-4s ’25-’3 L M & S 6 3.65 4M s ’25-’38 (r e g )___F& A15 6 3.65 Rome— 4 Ms Sept 15 1931.J & J ______ 5M s 1931-1941________ A&O 6 4% R y e 5s M ar 10 ’26-’38- — M&S 6 3.75 Saranac Lake 4 Ms’25-26. M & S lb 3.80 4.45s FireHouse '25-’39.J&J b 3.80 Saratoga Co 5s 1925-1941____ 5 3.60 Saratoga Springs— 4 Ms Park 1926-40____A&O b 3.70 Scarsdale4Ms 1925-45___J& D b 3.70 Schenectady 5s 1925-33--J&J b 3.50 4 Ms 1926-1931________ A&O b 3.60 4 Ms 1925-1934_________ J&J b 3.50 4s Oct 15 1925-44.- - A & O l5 b 3.50 Schenec Co 4 Ms ’42-’58--J&J Solvay 4 Ms 1925-40_____ F & A b 3.85 Som ers(T) 4M s ’26-’5 3 --M & N b 3.75 Steuben Co 4 Ms ’28-’37-F& A b 3.85 Suffolk Co 4 Ms 1925-32.-J&J b 3.50 4 Ms Oct 1925-1939. - -A & O 6 3.50 Sullivan Co— 4M s Highway 1927-29.A&0 b 3.90 4 Ms H ighway 1930-45-A& O Syracuse 4 Ms 1925-35 Various b 3.50 b 3.50 5s M a y 15 1925-19385M s 1925-1960________ M & S b 3.50 4M s June 15 ’25-’34-J&D15 b 3.50 4M s 1926-1944________ M & N b 3.50 4s June 15 1925-44--J&D15 6 3.50 4s Refunding 1929____ J&D 3M s W ater 1928______ J&J Tioga Co 5s 1926-1930---M&S b 3.60 Tonawanda 4 Ms 1926-42-J&J b 3.75 4 Ms Sewer 1925-1953--J&J b 3.70 5s W ater 1925-1950____ J&J b 3.70 5 Ms W ater 1925-1950--J&J b 3.70 5 Ms Street im pt 1931--J&J T ro y — 4 Ms 1925_________ J&D 6s 1926-1940 reg ______ A& O b 3.70 4M s School 1925-31___F & A b 3.60 4 Ms Feb 15 1926-1957_____ b 3.70 4s W ater 1925_________ J& D 4s Sept 1 1926________ 3M s W ater 1925-36____ J&J 5 3.60 Utica— 4 Ms 1926-35____ M & N b 3.50 4M s Pub I m p ’26-’4 2 --A & 0 b 3.60 3 Ms N o v 1 1925 to ’3 5 -N ov b 3.50 Warsaw Union F r S D N o 10— 4M s 1925-1942_________ Oct 6 3.75 Watertown 4 Ms 1942____ J&J 4 Ms 1925-1953_________ J&J b 3.60 5s 1925.......... -J&J 5s 1926-1945__________ J&J6 b 3.75 4s M a y 1 1938________ M & N 3 Ms Sewer ’26 to '27- -M & N b 3.70 to to to to to 3.90 4% 3.90 3.90 3.90 % % % % 107 M 106 V s 106 V8 107 M to 4.10 % 107 M to 4.10 % 101 Vs 102 % 102 M 102 M 102 M 102 M — 100 to to to to to 3.95 3.95 4.20 4.20 4.20 90 M 90 M % % % % % 90 M to 3.95 % 4.05 3.95 3.60 4 4 4.05 3.90 to 4.05 % 4.10 3.95 4 to 3.85 % to 3.75 % to 3.90 % to 3.60 % 3.80 to 4% to 3.90 % to 4.05 % to 4% to 3.90 % to 3.95 rr to 3.95 % 3.75 3.60 to 3.85 % to 3.95 % 3.85 3.90 to 3.90 % to 3.90 % to 3.85 % to 3.75 % to 3.80 % 3.75 to 3.90 % to 3.95 % 3.95 to 4.10 % to 4.15 % to 3.90 % to 4.30 % to 4% to to to to to to 3.95 4.05 3.90 3.85 3.85 3.85 to to to to to 4% 4.25 3.95 3.85 3.90 % % % % % 3.95 % % % % to 3.95 % 4 to 3.85 % to 3.95 % to 4% to 3.85 % to 3.85 % to 3.80 % 3.75 3.75 to 3.90 % to 4.10 % to 4.15 % to 4.20 to 4.30 % 4.15 3.60 to 4.25 % to 3.95 % to 4% 3.60 3.70 to 3.95 % to 3.90 % to 3.90 % to 3.90 % to 4.15 % 3.95 to 3.95 % 3.60 to 4% 3.90 to 3.85 % 6'Basis. d N ow part o f N ew Y ork C ity, f F lat price, n Nom inal. * N ote.— Owing to money conditions and the demand for the shorter maturities N ew Y ork State and in fact all municipal issues have been selling on a different basis for each individual maturity. Lack o f spacp does not permit us to g ive the yield for each separate m aturity and we are compelled, therefore, to give the range from the earliest to the farthest maturity. For instance, Albany 4 M % bonds due 1925-1928, selling on a 3 to 3.75% basis, would indicate that the 4M s due 1925 would be on a 3% basis; the 4M s o f 1926 on a 3 M % basis; the 4M s o f 1927 on a 3 M % basis, &c. STATE AND MUNICIPAL BONDS May, 1925.] B onds Bid. W atervliet 6s 1925-30____ Var W est Seneca 5s '25-’38___A&O Westch’r Oo 3 Ms '27&'28 J&D b 3 75 5Ms 1925 reg__________ J&D 5Ms 1926-32 reg_____ J& D 6 3.60 5s 1939-76_____________J& D 5s June 1 1929-54____ J& D 6 3.85 4M s San Sew ’33-’82— J&J b 3.65 4 M S Parkway 1962-86-J& D 4M s Oo Bldg 1927-44.A&O b 3.75 4s Co Bldg 1926-59___M&S b 3.60 4s 1930 to 1935________ F & A W hite Plains— 4s ’25-’28-F& A' b 3.65 4M s 1935-1959 (re g )..M & S b 3.95 5Ms Sch 1931-1936 A&O b 4% 3M s W ater 1931_____A& O W olcott 4 Ms Jly 15'25-'42J&J Yonkers 5Ms Jan 1926--A& 0 5Ms Jan 1927-1961___A& O 6 3.80 4M s July 1 1925-62.— A&O b 3-60 4 Ms M ar 1 ’27-’5 6 -.-A & 0 b 3 75 5s A pril 1 1926-1927______ b 3. 5 5s 1925-1938__________ A&O b 3.65 N O R T H C A R O L IN A 5s July 1961.... ........................ 4 Ms School 1927-46_____ J&J 4M s 1927-1962____ J&J 4s Refunding 1950________ J&J 4s Building 1951__________ J&J Albemarle 6s 1926-38___F & A Asheville 5s R e f 1941____ J&J 5s School 1943_________ J&J 5M s 1925-1957_________ J&J 5M s Street 1926-36-..F& A 4M s 1925-1929______ M & N 4M s 1930-1965______ M & N Buncombe Co 5s '25-'46--J&D 4M s Funding 1939___M&S 6s Bridge 1928-37____ A&O Charlotte— 5s St&Sew’29. J&J 5s School 1926-46_____ F & A 5Ms Fund 1926-29___F&A 5Ms 1925-1930______ M & N 5Ms 1931-1948______ M & N 4M s W ater M ar 1935-.J&J 4M s W ater Oct 1 ’4 1 .-A & O 4M s W at & Sew 1942..J&J Durham -4M s Sew&Lt’41.J&J 4M s Fund '25 to 1940.-J&J 5s W ater 1926 to 1945-J&J 5s Fd & Sewer ’25-’39-F& A G ranville Co 4M s '3 9 .-M & N Greensboro— 5s W W '30-J&J 5s Aug 1 1942 W _____ F & A 4s W ater-W orks 1954.-J&J Greenville 5s W W ’5 8 .-F & A Iredell Co 5s Aug 1 ’42-F & A 4M s 1929-1939_______ A&O 6 4.5) 4M s 1940-1950_______ A&O >4 i,0 Lee Co 5s Road 1952. - .M & N Lincoln Co 5s 1943 & ’48-J&J 5s Bridge 1937-1951___F & A Mecklenburg Co— 6s R e f N o v 1950_____ M & N P itt Co 5s 1921-36_____ M & N 4M s 1943-1947______ M & S 5s Fund June 1959____ J&J Raleigh 5s 1927_________ A&O 5s Munic Bldg 1939___J&J 5s Im pt June 1 1944..J& D Rutherford Co 5s ’25-’52.J&J Salisbury 6s Im pt ’25-'35-J&J 6s 1925-1941............ ..M & N Surrey Co 6s M a y 1933-1958W ake Co 5s Fund '48____ J&J Weldon 6s Jan 1926-1942 W ilm ington— 5s R e f & im pt 1955___A&O 4M s 1925-1962________A& O 4M s g W a t & Sew ’4 8 -A & 0 4M s W a t & Sew 1952--J&J 4s g R e f July 1 1929..-J&J Wilson— 4 Ms ’27-’29____ F& A 4 Ms 1930-1931________ F & A 4M s 1932-1914________ F& A 4M s 1945-1957________ F & A Winston-Salem— 5s ’2 5 .M & S 5s gen im pt 1944______ J&J 5s Sept 1925-1947____ M & S 4M s July 1 1942.......... J&J 4M s July 1 1952_______J&J 6s Im p A ug 15’25-30 F&A15 NORTH DAKO TA 5s Farm Loan 1935, 1940, 1945 and 1950_______________ J&J 5Ms 1945 & 1948 ser C .. .J & J 5Ms July 1928-1933______ J&J Grand Forks 5s. .M a y ’25-’38 W ard Co 4M s July 1925.J&J O H IO (See foot-note *) 4Ms 1925-1932__________ A&O b 4.30 ♦Akron 6s 1925-1940____ A& O b 4.30 *5s 1925 & 1928______ V a r. 6 4.10 ♦5s W ater 1925-1953-A&0 6 4.25 ♦5Ms 1926-1929______ J&Jj& 4.15 ♦5M 1930-1937_______ J & J --------*5M s 1938-1951_______ J & jl-------4M s 1925-1947________A & O b 4.25 *4M s 1936-1955______ A& O ♦4 M W W D ec31’25-37 -JD31 b 4.20 4s W W 1942__________ A&O Alliance 4M s 1927-32-..J&D ♦5s W ater Dec 15 1926-50- b 4.25 Ashland— ♦5M W W Im p ’25-’44 A& O b 4.60 Butler Co— ► *4 Ms F l-Em er’26-’31 - M & N Cambridge— 4M s ’26-’34.J&J *5s Sewer 1953______ M & S ♦5s Sewer 1931-37____ M & S Canton— *5s Sew 1953.-M & S *5M s Fund 1925-37-..J&D 6 4.15 *6s W ater 1944-1959.-A& O 4M s W ater-W ks '3 0 .-M & S 4s 1926 & 1927________ F & A 6 4.10 ♦Canton S D 5s 1954..A & 08 ♦5s D ec 10 ’ 25-’26_J&D10 *4M s Dec 5 1939-42.-J&D *4.40s 1956________________ Cincinnati— ♦6s Funding 1928____ F& A * 5 Ms Im p M a r 1941--M&S ♦5 Ms Im pt Feb ’46, ’51 F& A ♦5Ms M a r 10 ’31---M & S10 ♦5s July 1 1965 . ......... ..J & J .......... Ask. To Net. B onds. Bid. Ask. To | Net.\ 53 B onds. Bid. Ask. To N ot. O KLAH O M A 4.15 Cincinnati (Concluded)— 4.10 ♦4 Ms July 1943______ J&J 4.40 to 3.80 % 4.10 4M sOct 15 1925-33—A& 015 b 4.15 to 4 C ♦4Ms Sewer 1955_____ A&O , ♦4 Ms Sew Sep 3 ’37-M&S3 3.50 4.20 4s Funding 1925-27_____ F & A b 4.15 to 4\ to 3.90 % 3.65s g Feb 1937---F& A 3.90 Canadian Co 4s ’26-’31— F & A 4.50 3M s W ater '45 o p '25-F & A 3.90 Guthrie 6s W W 1943___A& O 4 5 to 4% 3s W ater 1939 op ’ 19-F&A 3.90 Muskogee— 4 Ms 1925--M & N 4 to 3.75 % 4 Cine S D * 4 Ms 1934--A&013 5s Sewer 1936_________ M&S 4.10 4 3.90 Oklahoma C ity — 4s 1936 opt 1906_____ M & S to 3.85 % 3.90 3M s 1940 opt 1912— A& O 5s 1937 opt 1922______ F & A 4.30 to 3.80 % 5s W ater 1936_________ M&S 4.35 Cleveland * 5 Ms 1940-70 J& D 4.30 3.80 6s 1932-1933....... J&D 4M s Sewer 1936______ F & A 4.25 4.30 to 3.75 % ♦5Ms Pub H all 1970-.J&D 4M s W ater Works 1941-J&J 4.35 4.30 to 4.10 % *5s W W 1936-1968___J&D b 4.40 to 4.20 % Okla C ity S D 4s 1933___J&J 4% to 4.05 % 5s 1926. 1930, 1931 — -Var 4.10 *4 M Grad Cross ’30-’ 54 A& O 4H 3.90 4.10 Okla Co 4 Ms ’25-’33— -J& D 64 H % to 4% *4 Ms Paving 1929-34.J&D 4.40 * 4 Ms Sewer 1930-49--J&D 4.10 Okmulgee 5s M ar 15 1943____ 4.60 3 65 *4 Ms St imp Feb 1 ’3 4 .F & A 4.10 Payne Co 4 Ms ’25 to ’29 .A & O b 4.30 to 4% to 4.05 % *4 Ms March 1949____ M&S 4 Tulsa 5Ms 1927-32_____ F & A 4.50 to 3.j 5 % *4 Ms Fire dep ’26-’30 A&O b 4.15 to 3.75 % 5Ms July 1946________F& A 4.50 to 3,95 ♦4 Ms Fire Dep ’31-’ 55-A & 0 b 4.25 to 4.10 % 5Ms W at& Park ’30-’49 F & A 4.50 to 3.75 % 4 Ms Clark A v Bdg ’42-A& O 3.90 5s 1933-1947......... F&A 4.40 to 4% 3.90 4 Ms Park 1938________A& O 3.90 OREGON 4s Park 1929-1931____ A&O 4s Grade Cross’g ’3 0 --A& O 3.90 4 6s H ighw ay 1925________ A&O Cleveland S D *4 Ms 1925-284 4.30 4 *4 Ms 1929 to 1935-— 4 Ms H ighway ’26-Apr ’44 A&O 6 4.20 to 4.10 % 4.25 3.90 4 Ms 1925-1944 (s-a)____ A&O 6 4.20 to 4.10 % 4s July 1 1932_________ J&J 4.25 4Ms H ’w ay ’30-’35 (s a ).A & 0 *6s 1925-1928_________ J& D b 4.15 to 3.75 % 4 4.2 J *6s 1929 to 1935_____ J& D 4.20 4M s H ’w ay ’36-’49 (s a ).A & 0 4.05 4.2.) Cleveland Heights S D — 4s Highway 1925-42____ A & O 6 4.15 to 4% 5.10 *6s 1926-1959_________ A & O b 4.50 to 4% 4s Highway 1926-41____ A&O 6 4.15 to 4% 4.50 Columbus *6s 1949-57--M&S 4M 4s Aug 1 1928-1933_____ F & A 6 4.15 to 4% 4.50; 5s St Im pt 1926-1932-M&S b 4.15 to 3.90 % Albany 5s ref ’31 opt ’2 1 -A & 0 5 4.60; 4s Sewer ’33 opt ’ 13--M & S 3.90 Astoria 5s 1953__________ J&D 4.90 4.60; 4s W at W ’45 op ’20 --M&S 3.90 5 Ms 1925-1949_________ J&J 4.90 4.20 3.90 Baker C ity 5s 1934_____ M&S 3 Ms 1932 opt 1912____ J&J 4.70 4.3 ol Columbus S D 4s 1926--M&S 3.90 Clatsop County 5s 1934-A&0 4.75 4.55 *5s 1943-1952._____ J&D19 4.30 Columbia Co 5s ’29-’3 4 -A & 0 5 4.50 Cuyahoga Co *6s ’25-’3 9 -A & 0 b 4.25 to 4% Dalles C ity 5s ’25-’26___M & N 4.60 4.75 *5s Bridge 1925-27---A & O b 4.25 to 4% Eugene 5s 1942_________ M & S 4.65 4.20 4.20 *5s R e f 1926-1932-.-A& O 4.35 4.30 ______ 4.25. *5s R e f 1932-1939____ A&O 4.40 4.30 3.90 Portland— 4s R e f 1925 to 1 9 2 6 ---A & 0 4.30 3.90 6 4.25 to 4.13 % 4s 1925-1941__________ A&O 5 Ms Aug 4.40 ♦D ayton— 5s 1926-32-..M & N 6 4.35 to 4.20 % 4.25 4.10 6 4.35 to 4.20 % *6s Gen fund 1928___A & O 4.25 4 25 *5Ms W W Im p 1944--J&D 6 4.35 to 4.20 4.25 4.20 6 4.30 to 4.15 *5s W W Im p 1945___F & A 4.40 4.20 *4M s W W Im p 1940-.J&D 5 4. i5 4.20 P t o f Coos B ay Harbor 5s. *4 Ms Bdge 1933-39--A & O 5 4.R; Dayton S D 5 Ms ’41-’61 M&S b 4.35 to 4.25 % Po rt o f Portland— 4.50 *5s M ar 16 ’26-’46--M&S16 b 4.30 to 4.25 4.50 4.50 East C leve *5s 1926-29--A& O b 4.20 to 4.10 % 4.60 4.40 4.25 *5s St Im pt 1930-35---A&O 4.50 East Liverpool— 4s 1940-J&J 4 P E N N S Y L V A N IA 4.40 Elyria 4s 1925 to 1938--J&D 3.90 4.70 4 5s July 1 1951 Series C — J&J 117M 118M 5s W W 1929-1946____ J&J 4.55 ♦Findlay C ity S D 5s ’25-’27 J& J 4.30 4 Ms July 1929, 1934, 1939. to 4.40 % 1944, 1949........... J&J 6 4.10 to 4% Fostoria— to 4.50 % 4.60 4s H ighw ay 1930, ’32, ’35, ♦5s W W Im p ’26-’40-M&S 4.55 Franklin County— ’37. ’40. ’42, ’45, ’47, '50. ’52 b 3.85 to 3 .75 4.65 4.20 Allegheny— 4s 1927______ J&J 6 4% to 4.95 ♦5s FI Emerg 1926-29-M&S 4.65 4s Street Im pt 1937--M & N 4% to 4.95 *5 Ms Hos & Bge ’26-’35 F & A 6 4.30 to 4.10 % 3 Ms 1925 to 1931____ A& O 6s R d M a y 2 ’27-’31_M&N2 6 4.30 to 4.10 % 4% to 4.95 4.75 Ham ilton Co * 4 Ms 1943-F & A 4.25 Allegheny Co 4 Ms ’43 --M & N 4% to 4.95 4.50 4.25 4s Road 1939_________ A& O 4% to 4.95 4M s Oct 1 1939______ A&O 4.15 3.90 4s Bridge 1942________ F & A 4s C H J’ne ’36 op ’ 16-J&D 4% to 4.95 4.50 Ironton *4M s W W ’36-J& D 4.50 3M s 1932 opt 1922___M & N 4% to 4.95 4.25 Lakewood— Altoona— 4s ’34 opt ’ 14--J&J 99 100 4.50 4 4s R e f 1936 opt 1916— -J&J 99 4M s 1925______________ A & O 100 4.5 j 4 4s Highway ’37 opt ’32-J&J 100 99 4 Ms 1926-1939________ A& O 4.„0 Altoona S D 4s ’26 to ’3 5 -A & 0 * 4 Ms Oct 1945________A & O 99 100 4.70 Bethlehem S D 5 Ms 1925, *5s Park & Im p ’25-’41 A& O 6 4.40 to 4% 5 ’30, ’35, ’40. ’45, ’ 50 --J& D 6 4.10 to 4.05 ♦Lawrence Co 5s 1934--M&S 6 4.40 4.8) Lim a 4s Sewer 1925_____ A & O Braddock 4M s ’25-’44— M & N 6 4.10 to 4.05 4.50 4s 1925 to 1935______ M & N 6 4.10 to 4.05 5 Ms Sewer 1925-1947______ 6 4.50 to 4% 5.10 4.40 Cambria Co 4 Ms ’25-’45 6 4.10 to 4.05 *5s Sewer Feb 15 ’27-’ 51___ Chester— 3 Ms 1929______ J&J 6 4.10 to 4.05 * 4 Ms Oct ’25-Oct ’30-A & O 6 4.50 to 4 % 4.50 4s ’37 opt ’ 17 tax-exemp J&J 6 4.10 to 4.05 3 Ms R e f ’30 opt ’25___A&O 4.45 Lorain 5s 1925 to 1932___J&J 4 Ms 1935-40___________ J&J 6 4.10 to 4.05 4.40 Chester S D 4 Ms ’32-’37-’42 6 4.10 to 4.05 *5s W W R e f ’25-’2 7 --M & S 4.40 Easton— 3 Ms 1928_____ A&O 6 4.10 to 4.05 ♦6s Fd Sep 15 ’25-’28M & Sl5 4.30 Lucas Co 4s C -H 1944--M & S Erie— 4 Ms Sch 1926-39.A&O 6 4.10 to 4.05 4-5 J 4 Ms R e f 1934 opt ’2 4 --J&J 6 4.10 to 4.05 ♦5Ms W a t Sup ’26-’30 M&S 4 o 0 M adisonville (in Cincinnati) Erie S D 4s 1925-38_____ F & A 6 4.10 to 4.05 4 65 4M s 1925-1937________ A&O 6 4.10 to 4.05 5s 1932 opt 1922______ J&J 4.60 M arietta— *4M s ’25-’33-J& D 4 Ms Jan 1 1936-1946 6 4.10 to 4.05 4 Fayette Co 4s Road ’26-A&O 6 4.10 to 4.05 3M s 1931 opt 1911____ F & A 4.50 M a rtin ’s F y 5s ’26-’4 4 --M & S 4s Road 1936_________ A&O 6 4.10 to 4.05 4.50 M iam i Conservancy Dist— 1 Harrisburg— 4.40 4s A ug 31 1926-32____ M & S 6 4.05 to 3.95 5M s (1 to 5 yr m at’y)_J & D 6 4.40 to 4% 4.40 4s Pub Im p ’26 to ’36-M&S 6 4.05 to 3.95 5 Ms (5 to 10 yr m at’y)-J & D 4.35 5 Ms (after 10 yea rs)___J&D 4s M a y 15 1925-1953______ 6 4.05 to 3.95 Johnstown— Middletown 4s ’30 op ’20 F & A 4M s 1925 and 1930_________ 6 4.05 to 3.95 M ontgom ery County—■ 4s Building 1930 op t— M & S 6 4.05 to 3.95 *5s FI Emerg ’25-’42 --J & D b 4.25 to 4% Lackawanna Co 4s 1944-F & A 6 4.05 to 3.95 New ark *4M s 1926-41--A & O b 4.50 to 4% 4.50 N orwood— 4M s 1925___J& D Lancaster 3s ’38 opt ’28-A & 0 6 4.05 to 3.95 4.5 J 3 Ms Sewer 1934.......... M&S|6 4.05 to 3.95 4s 1930________________ A & O 4.50 Portsmouth— 4s ’25-’24-J&D Lancaster S D 4s M a y 1945 6 4.05 to 3.95 4.65 L ow erM erion T wp4s 4 M s,4 M s 6 4.05 to 3.95 6s Sewer 1927-36_____ J&J b 4.35 to 4.20 4.65 Sandusky 5s ’25 to ’26 --F & A M c K ’p ’t S D 4 Ms, ’26-’43 M & N 6 4.05 to 3.95 M ercer Co 5 Ms ’25-’47 — F & A b 4.05 to 3.95 Springfield— *5s 1925-1934— b 4.40 to 4% Norristown S D 4 Ms ’43-J&J 6 4.05 to 3.95 4s 1925_______________ M & S Philadelphia— 4s 1937____ J&J 100M 101 Springf’d S D *5s ’25-’39 J&J2 b 4M to 4% to 3.75 5s Jan 1951_____________J&J 114 Steubenville *5s ’26-’35-M&S b 4.40 to 4% 116 to 3.75 4.25 4M s M a y 1948_________ J&J 107 108 Summit Co 5s ’27-’30___A& O to 3.75 4 M s N o v 1 1948________ J&J 107 b 4.30 to 4% 108 4M s 1925-1937______ to 3.75 % 4.20 4s July 1939 ___________ J&J 100 M 100 M Toledo *5s W W ’37-’44-F& A to 3.75 % to 3.75 % 4s July 1942 ___________ J&J 100M 101M 5s Sept 1925-42______ M & S b 4.20 4.25 4.25 4s Jan 1 1946__________ J&J 100 M 101M *6s Gen Fund 1929--_F & A 4.25 4.40 4s N o v 1 1966__________ J&J 100 M 101M *6s Pub W harf 1960—M & S to 3.75 % 4.25 4s July 26 1972_________ J&J 100 M 101M *5s Sewer 1949_______M & S 4.25 4.20 4 3 Ms July 1932 — - ........ J&J *4 Ms Sept 1 1928____ M & S to 3.75 % 4.20 4 3M s July 1 1934________ J&J *4 Ms W a t 1932-34____J&J 3.90 3.90 Phila S D 4 Ms ’25-’43____ J&J 4.05 4 Ms Bdg ’28, ’33 & ’38-F & A 4 3.90 4s 1925-1942____________J&J 100 - --A & O 4s 1926_____ 100M to 4% 3.90 Pittsburgh— 4Ms ’25-’50 J&D 6 4.05 to 3.95 % ’ 4s Park July 1 1942___J&J 3.90 4s M a y ’ 26 opt ’ 10-’22 M & N 6 4.05 to 3.95 % 3M s R efu nd’g 1930--M & N to 4.10 % 4 4s 1926 to 1927________ M & N 6 4.05 to 3.95 % Toledo Sch Dist 4s 1925_____ 4 4s 1926 to 1939_________ J&J 6 4.05 to 3.95 % 4s 1926-1929_______________ 4.25 4 Ms ’26-’38 taxa b le.-M & N b 4.05 to 3.95 % ♦4Ms 1926-1930______ A& O b 4.25 to 4.05 % 4.50 3 Ms Apr ’26 to ’30___A&O 6 4.05 to 3.95 % ♦4Ms 1931-1950-........ A& O b 4.25 to 4.10 % 4.50 Pittsb S D 4 Ms ’25-’27— -J&J 6 4.05 to 3.95 6s 1925-1930_________ M & N b 4.30 to 3.75 % 4.50 Reading— 4s ’26 to ’28 --A& O 6 4.05 to 3.95 6s 1931-1960_________ M & N b 4.50 to 4.30 % 4.25 Warren Co 5s 1929-34--M & S b 4.25 to 4 % 4s 1925-1928__________ M & S 6 4.05 to 3.95 to 3.75 % 3.75 6 4.05 to 3.95 Youngstown *5s 1925___A& O 4s 1926 and 1931 4.30 4.20 Scranton 4 Ms ’25-’41___F & A 6 4.05 to 3.95 % *6s Fund 1928________A& O 4 4.30 6s Bdge 1932-41______ A&O 5s 1925-1950...... F & A 6 4.05 to 3.95 % to 3.90 % *5s Police Bdg & St ’25-’32 b 4.25 to 3.75 4s 1926-1937__________M&S 6 4.05 to 3.95 % 4.30 4s 1926-’30-’35_______ A&O 6 4.05 to 3.95 % *4 Ms 1925-1957______ A&O b 4.20 to 3.75 4 Youngstown School Dist— Scran ton S D 4s ’26-’28-’33 A&O 6 4.05 to 3.95 % 4.25 4.25 3M s 1925-1932.............F & A 6 4.05 to 3.95 % *4 Ms 1944-1947______ M & S 4.30 Uniontown 4s ’28 tax-ex M & N 6 4.05 to 3.95 % *5s 1925-1944_________ M & S b 4.35 to 3.75 % Zanesville— *5s C ity H all & W ash’n Co 4 Ms ’26-’34— M&S 6 4.05 to 3.95 % 4.15 M arket 1925-39______ M & S b 4.25 to 4% 4s 1925-1933_________ M & N 6 4.05 to 3.95 % 4.20 Zanesville School Dist— 1 4.20, 5s 1925-1943__________ A& O 6 4.40 to 4% 4.20] 4.251 I 1 1 * Subject to taxation. B y an amendment to the constitution o f Ohio adopted Sept. 3 1912, bonds issued after Jan. 1 1913 by municipalities in tha State are subject to taxation. Bonds issued prior to Jan. 1 1913 are exempt from taxation. 6 Basis. / F la t price, n Nom inal. [V ol. 120. STATE AND MUNICIPAL BONDS 54 B onds Bid. 4s 1926 to 1935--J&J 4M § Im p ser I ’25-’3 8 -A & 0 4M s 1931-1940- - - J&J 4Ms Im pt 1940-1945- J&J Wmsport 3M s ’29on’09 M & S Y ork 4M s 1925-1943-- -F & A Y ork Co 3 Ms ’25-’32 M&N b 4.05 b 4.05 b 4.05 6 4.05 b 4.05 6 4.05 b 4.05 b 4.05 Ask. to to to to to to to to 3.95 3.95 3.95 3.95 3.95 3.95 3.95 3.95 To Net. <. % % % % % % % % R H O D E IS L A N D 4s Charit Inst 1965____ M & S 3Ms gold S H 1934_____ J&J Bristol— 3M s g 1930M&S Cent Falls 4s ’25-’30 . F & A Johnston 4 Ms 1930, 1935, 1940__________ -- M & N Lincoln— 4s 1928 A&O Newport— 4M s ’26-’39-_M&S 5Ms June 1 1925-1958 4 Ms M a y 1926-42 M&N 4 Ms M ar 1926-35. M&S 4s gold 1927- _ F&A 4s M a y 15 1948 - M&N 3Ms g High Sch 1954 J&D Pawtucket— 4 Ms 1950 J&J 4 Ms School 1954___ M & N 4s W ater 1937 M &N Providence 4s 1927-- .A & O 4s Jan 1 1945 - J&J 4s Oct 1 1954 -. -A & O 4s July 1956-__ J&J 4s M a y 1962____ M&N 4s W ater 1962-- J&D 4s Oct 1 1964 A&O 3M s Sch & Br 1929 M&N 3s Sew & Im pt 1929 M & N W esterly—-4s 1927 ___M & S 3 Ms W ater Feb 1929--F & A Woonsocket 4 Ms Fd ’41 J&D 6s Fund 1926-1935 M&N 6s Fund 1936-1961 M&N 4 Ms June 1925-1957. J&D 5s Funded 1926-1959 A&O 4s Funding 1947 A&O 3M s W a t M a y 1 ’3 1 -.M & N 100 95M 96 98M 95M 100 M 100 90 M % % 5s 1926 & 1927 5s 1928-1930 5s 1931-1939 5s 1940-1965 4s 1942 opt, 1922 Cisco fis Fund 1949-62 J&J b 4.70 to 4.50 % 4.70 4.70 4.70 4.70 A&O b 4.20 to 4.10 % A&O b 4.35 to 4.25 % A&O b 4.50 % A&O b 4.60 to 4.55 % .T&D 4.70 F&A5 5.25 4 .9 > 97 95 M 99 QfiM 101 U ' 107 121V 101 M 9 106M 95 U 95 M ___ 4% 4% 4% 4% Charleston Co 6s 1937 J&J Cheraw 5s '52 opt ’32 July 1 6s M a y 15 ’36-’40 M&N15 Columbia 5s R e f 1941-- M&S 4 Ms W ater 1945 - -J&J Greenville— 5s St 1942 J&J 5s Water i958opt ’38 F& A Greenville Co 4M s’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 4 bis 1935 A&O 4M s W ater 1930-1939 J&J 4Ms W ater 1940-1965 J&J 5s Sept 1 1939 5s N o v 1 1943- -_ 4.90 4.55 4.50 4.55 4.55 4.45 5 ! 5.30 4.50 4.90 ’34. ’39. ’44 ’49 ’54 ’59 *64 4.35 Port Arthur 5s 1925 5fi M & S 4.35 4.40 5s Sept, 1925-1953 M&S 4.50 5s Sent 1931-1959 4.50 4Ms 1926-1927 Sumter Co— 4.25 Waco— 5s N o v 1 1Q34 98 M&N % SO U TH D A K O TA 4.50 4.50 4.40 4.40 4.40 4.50 4.50 4.50 4.70 4.70 4.70 4.70 6s Rural Credit '33-’40 A& O 6s Sept 1941 . . M&S 5s M a r 15 1931-35 M&S15 5s June 1 1925-39______ J&D 5s H ighw ay 1925-28-A& O 5s Jan 15 1934-40 ___J&J15 5 Ms Jan 15 1943 -J&J15 4 Ms Rural Credit 1939 J&J J&D A&O J&D TENNESSEE 1924. 1929, ’34, ’39 M&N Grainger Co 5s *1940 Hamilton Co 5s 1935 5s A pril 1945. 4Ms C H & Jail 1942 4M s Bdge & Sch i947 F& A A&O A&O A&O A&O 6s W a t R e f 1996-46 5 bis Fund IQAft MVS Af&K 4 Ms Julv 1 1936-48 4s Juno 1 1Q2Q -T&TT 5s R iver Term ’26-’4 8 -A & 0 4M s Park 1947. J&J 4 Ms Street 1947 ___ M&S 4M s 1950 J&J 4M s Park 1959_____ A&O 4s W ater 1933 M&N Memphis S D 4M s 1959.-J&J b Basis, / F iat price, b b b b b 4.25 4.25 4.25 4.29 4.20 A I& N 4.60 4.45 M&N M &N F& A 19 4.15 4.45 5-15 4-75 5 to to to to to 4.10 % 4.10 % 4.10 % 4.05 % 4.05 % Wichita. Falls fis 1959 5 H s 1925-1940 5s Feb 19 1969 U N IT E D S T A T E S — See pages 16 &48 A& O A&O F&A A&O j& J J&J J&J J&J J&J J&J 4M s Pub Bldg*1941 * M & N 5 bis Anril 1 1941 J&J .T&.T Offdon---4 U s 192Q 4 3/% 1926-1945 J&.T 4 R e f W at 1933 M&N 5s R e f 1925-1928- - .. M & S b 4.25 b 4.25 4 Ms M a y 1 1934- - .M & N b 4.20 4Ms refunding 1934 -M & N b 4.20 4s R e f 1926 1929 A&O ,9 M 4s R e f 1939-1935 A&O 99 M 4s R e f 1936-1945 A&O 98 M 98 4s R e f 1946-1965 A&O 4.80 VERM O NT. 4.90 4 Ms Oct, 1 1925-1949 4.50 4.50 4.50 V IR G IN IA 4.50 4.40 4.40 4.50 1900 4.50 4.50 4.50 4.30 5 Ms Sch Bldg ’32-’54 4.50 Bristol 5 Ms SclT’34-’ 53 4.40 4.40 4.60 4.40 5s*Wat Im p 1925-28 54M% to 4% 54 M % to 4% 4.35 4.35 4.35 4.35 4.35 4.35 4.35 4.35 4s R e f Oct 1934 - A&O J&J F&A - - J&D J&T 4.35 5 4.25 4.25 4.25 4.25 4.95 4.40 4.40 5 4.75 4.75 4.75 4.75 M&S 4 Ms Park 1962 J&J 4 Ms Bridge 1925-36-- J&J *4M s M a y 1 1931-‘ - - - M & N 4 Ms L t & Pow "l 929 J&J 3M s Jan 1 1939 J&J W EST V IR G IN IA J&J J&J 4.10 4.10 Charleston S D 5s ’25-’52-J&J 4 4 4 4 Road Dist ’46 opt ’32 M & N 4.25 4.2) 4.20 4.2 ) 4.20 .T&.T 4 Ms Road 1939 “ 4 b!s .Tulv 1 1939 4 Ms M ar ’26 to ’31 4.20 3 95 4.45 4.50 4.55 4.70 5s H ighway 1927-1946 3 Ms Jan 1 1939 U TAH . 4.75 4.40 4.40 4.40 4.40 4 Ms Feb 1 1932 F&A 4.40 4 U s Ail"' 1 193.3 F&A 4.40 Salt L Co 4M s ’26 op ’ 16 F & A n Nom inal, 4.50 4.50 4.50 4.65 4.55 4.40 4.40 4.35 4.35 4.35 4.35 4% 4.45 4.65 4.45 4.45 4.50 4.50 4.10 4.20 4.15 4.10 4.15 4.05 4.10 4.10 4.10 4.10 4.35 4.35 4.35 4.35 4.35 4.30 4.70 F&A 5s W W 1929 58 M & S b 4.50 to 4.60 % 4.70 4.50 Tazew ell Co 5s 1925-46___J&J 4.70 4.75 4.35 4.35 4.35 4.70 Y ork Co— 4M s R d & Bdge ’26-’50-J&J 6 4% 4.2J 4 Ms 1958 * 4s 1925 to i930 4s 1938 to 1943 4 s 1941 4s Elec L igh t 1942 4s 1943 “ To N et. 5 W A S H IN G T O N 4.80 4.80 6s Gen Fund 1926-1940 J&J b 4.35 to 4% 5 5s School 1955 opt ’35 .T&.T 4.80 4.75 4.80 5 Fort W orth 5s 1951 A&O 4.50 5 5s 1929-1934 J&D 4.5 ) 5 5s 1935-1959 J&D 4.45 5 4.50 5 Ms W ater 1934-1938 M&S 4.50 4 Ms Sch’49 op aft ’ 29 .T&TA 4.50 4.65 4.45 4.60 % 5s Tim debt 19.32-193R .T&.T b 4.80 4.75 to 4.85 % 4.75 b 5% 4.85 5s School 1925-1954 M & S 4.75 5 4.75 5s 1926-1956 A&O 5s Sept 1 1928-37 Sept b 4.70 to 4.60 % 4.75 4.60 4 Ms Grad ,&c ’49 op ’29A& 0 4s R ef 1926 opt 1916 M & S 4.75 4.70 4.70 5s Bd Apr 19 ’ 51np’31 A&O 4 Ms .Tan iq2fi-1955 J&.T 4.90 5 Seattle— 5s 1 9 3 5 - 1 939 .T&.T GrimesCo 5bis’9fi-’ 27 A & 0 19 5 f>s L & P 1Q 7_ 4 1 A&O *> 5 5 M « T, & P 1929-43 , M&N 4.35 4.80 4 Ms Sewer 1927 *~ M&S 4.35 4.35 5s Sew N o v 15 1939 M & N 4.50 4.10 5s R e f Oct 1fi ’41 op’31 A&O 4.50 4 M S 1928-1932 A&O 4.15 6 4.65 to 4.50 % 4M s 1933-1940 A&O 4.20 4 Ms Sept 1925-1952. M & N to 4.50 % 4M s 1941-1955 A&O 4.35 4 Ms Oct, 2fi ’ 2S op ’28 A&O 5 4-65 to 4.50 % l- „ 4.10 4.25 4.35 4.25 4.3J 4.7 ) 4.90 4 Ms July 1 1925-67 J&J 4 Ms R e f 1 9 25 -55-_____ J&J 4M s 1938-55- ___________ J&J 4s R e f 1925-55 -. . J&J 4s 1932-53_______ ... J&J Blount Co 5s 1926, 1931. 1936, 1941, 1951 J&J Chattanooga 4Ms 1937 J&J 5Ms R e f Apr 15 ’ 51 A&015 5s Audit 1927-32 M&N 4M s M a y 1952. - M&N 4M s Park 1942 M&N 4M s Dec 30 1941 J&D30 Ask. .T&.T to 5s 1925-1960 M&N 4 Ms Sch 1926-1952 M&N to 4 ^ s 1923. 19331 1939 1942 1943. 1944. 1945 .T&.T b 4.35 to 4s School 1925 1951 .T&.T b 4.30 to S O U T H C A R O L IN A Sioux Falls 5s 1931Sioux Falls S D 5s 1935 5Ms Dec 1 1940 ~ Bid. B onds. A&O b 4.50 to 4.25 % 4M s Feb 1953*“ * M&S b 4.60 to 4.50 % 4.59 N orfolk— 6s Oct 1 1950 M&S J&D b 4.50 to 4.25 % 5 Ms School Oct 1 ’51 4.40 4.40 4.20 Polk Co 5s 1927-46-J&D 4.60 4.60 4.40 4.40 4.45 5Ms Aug 1 1951 4.40 5s School 1929. 1939. 1949 4M s Im p Oct 1 1942 4.50 4 M % R e f 1925-1 94fi 99 9J 99 99 9 ) 99 99 4Ms Blue 1928 . . _ J&J 4s Refund 1952 opt 1932- J&J Charleston—4 Ms 1928 A&O 4 Ms Jan 1962_______ J&J 4s Sewer 1929 A&O To Net. April 1926-1942 March 1996-1960 M arch 1933 School 1925-1945 Austin 5s 1925-1942 4 % 100“ 99 89 M 102M 102 M 99 *4 97 fis 5s 5s 5s Ask. TE XAS. 100 M 98 M 101 M 114M b 4.05 b Bid. B onds. _____ 4.75 4.50 4.50 4.60 4.80 4.40 4.40 4.20 4.1: to 4.10 % Wheeling 5s W W ’32-’52 J&J to 4.10 % 4s R e f 1925 to 1936---July to 4.10 % to 4.10 % W IS C O N S IN 4.10 100M 4.15 100 4.15 99 V s 4.50 99 M 4.80 4.25 6s W W 1925-1935 M&N 4.80 4.25 6s W W 1936-1960 M&N 4.25 b 4.50 to 4.40 % 4.25 4.25 4.25 4.10 4.10 4.05 96M 4.05 5s 1925-1939 J&J 4.05 5s Jan 1926-1940 J&.T 4.05 5s Julv 1925-1940 .T&.T 4.05 4M s 1926-1939 J&J 4.05 4 Ms Park 1926-1935 J&J 4.05 94 M 93 M 77 4.05 77 M b 4 20 4 10% 4.60 Oshkosh 4 Ms 1996-34" F&A 6 4.15 to 4.10 % 4.15 4.65 4.10 4.75 6s 1925-1941 ’ ~~ F & A 4.5 i 4.20 4.50 4.20 3.25 4.40 4.25 4.40 Wood Co— 5s ’98-’99-’31 A&O 4.25 4.25 5s 1934 A&O 4.25 4 50 5s 1937 and 1938 A&O 4.50 W Y O M IN G 4-80 4.50 4 5 4 4.35 4.85 5s 1928-1944 4.35 4.35 4.85 6s Fund M a r 15 1952-M&S 4.30 55 B ANKS A N D TR U S T COMPANIES. Q u o t a t io n s In t h is d e p a r t m e n t a r e g i v e n p e r s h a r e , n o t p e r o e n t , e x c e p t f o r s t o c k s o f C a n a d i a n I n s t it u t io n s , a n d a r e a s n e a r a s p o s s ib le f o r t h e d o s in g day o j the m o n th p r e c e d in g d ate o ] is s u e , t h o u g h o f t e n a r e n o m i n a l . A n a s t e r is k ( * ) d e n o t e s s a le s . F ig u r e s o f d e p o s it s , o a p it a l a n d p r o f it s f o r t h e n a t io n a l b a n k s a r e f r o m t h e C o m p t r o l l e r ’ s l a s t o a ll; f o r a ll o t h e r i n s t i t u t io n s t h e y a r e t h e la t e s t o b t a in a b le , d lr e o t r e t u r n s b e in g p r o o u r e d b y us w h e r e n o p e r lo d io s t a t e m e n t s a r e r e q u ir e d . For th e C le a r in g H o u s e b a n k s o f N e w Y o r k , P h ila d e l p h i a a n d B o s t o n , d e p o s it s a r e t a k e n f r o m t h e la t e s t w e e k l y s t a t e m e n t . A L A B A M A — National banks A p r. 6; State institutions A p r . 6. Capital. B irm in gh a m — Am er T r & Sav B k . B lrm ing’m T r & S . F1 ret N ational Bank Traders N a t B ankM o b ile— fir s t N ational Bank Merchants’ B a n k .. People’s B an k_____ M o n tg o m e ry ixch an ge N a t Bank jflrst N ational Bank fo u rth N a t B a n k .. Alabama B k A T r Co Union Bk & T r C o . Oross Surplus dt Profits. Deposits. 1.000,000 1,000,000 1.500,000 250.000 C A L I F O R N I A — (C o n c lu d e d ) Par 796,765 11,859,645 976,300 18,854,836 3,252,978 36,041,734 137,833 3,563,394: 100 100 100 100 300.000 1,399,889 15,583,787 200.000 d 550,369 9,209,061 281,294 4,242,343 300.000, 10ii 100 100 73,209 551,700 272.215 59,674 130,394 Capital. 100 100 100 100 100 300.000 e 1.000,000, 500.000 e 300.000 e 100.000e 1,913,305 6,638,0811 5,793,7411 2,201,156 915,354 A R IZ O N A — National banks A p r. 6: State institutions A p r . 6. P h o e n ix — Citizens State Bank Commercial N at Bk Mat Bk of Arizona Phoenix N a t Bank Phoenix S Bk A T r . Talley B ank______ Per share. 100.000 e 150.000 e 200.000 e 200.0001 100,000 750,000' A R K A N S A S — National banks Apv L it t le R o c k — Am er South T r C o . Central B an k_____ In g la n d N a t B an k. ■xchange N a t Bank People’s Sav B an k. Bankers Trust C o . . Sxchange Trust Co Onion T r C o ______ B W orthen C o ., P in e B l u f f Cotton B elt S & T Co N a t Bank o f A r k ., tierch & Plant B k. Peoples S B A T r C o llm m ons N a t Bant 7,174 500,000 451,014 4,791 214,368 4,705,477 212,681 5,272,302 313,344 3,557,947 310,627 12,152,599 100 100 100 100 6 State institutions A p r . 6. Per share 1,000,000 zOQ.OOOj 300.000 300.000 200.000 300.000 100,000 500,000 200,000 100.000 e 100,000, 175,000; 100.000 e 200,000] 387,828 17,882,349 25 820,493 42,088 89,280 2,938,070 100 232,537 5,888,900 100 25 75,003 3,228,265: 137,879 9,137,970, 100 92,676 1,340,856 . 429,085 10,060,566! 100 367,538 3,538,775. 75,099 1,096,140 177,696 2,257,868 215,749 2,680,776 883,345 70,917 453,650 5,450,060 Per share. 25 160 100 260 25 225 25 145 100 263 j 165 '265 235 ! 150 ,273 C A L I F O R N I A — National banks A p r. 6 State institutions A p r. 6. P resn o— fir s t N a t B an k____ 200,000'e 52,561 2,368,741 L os A n g e le s 185,916 10,760,818 Bank of A m erica . . 1.500.000 2,035,772 45,502,841 100 000 C itizen s’ N a t Bank 4.000. 796,838 15,909,390 100 000 Com m ercial N a t Bk 1.000. 500.000 e 45,014 6,993,963 100 Continental N a t ___ 100 000 2,247,550 46,261,691 Farm ers & M er N a t 2.000. First N ational Bank 3.500.000 3,897,290 86,075,145 100 100 000 1,480,754 70,547,655 C alifornia B an k___ 3.000. M erchants’ N a t Bk 1.500.000 1,560,085 48,551,268 100 203,191 10,406,510 — N a t C ity Bk o f L A 1.000.000 500.000 e 139,268 6 12354503 California Tru st Co 8.250.0001 6,632,829 209739 578 166 Security T r A S Bk H eilm an Com T & 8 2,500.000 e l , 127,390 71,628,165 100 Citizens T r & 8 B k . 2.000.000 1,737,382 50,263,343 100 275,729 5,390,429 Paciflc N ational Bk 1,000,000 Paciflc-S’ w .T A S B 6.900.000 6,762,041 175782 258 156 500,000 107,795 4,467,686 100 O S N ation al Bank. nnlon Bank A T r . . 1.500.000 i 428,592 12,209,453 — O a k la n d — Central Sav B am k.. Central N a t Bank. N e w First N a t B k . Farmers & M er Sav Oakland Bank____ Pasaden a— Central N a t Bank. Citizens Savings Bk C om ’l Bk of Pasad. First NatlonalBank Pasadena N a t Bank Security N a t Bank. First T t A Sav Bk_ S a cra m en to— California N a t B k . C ap lta l N a t Bank California T r & 8 B *arm & M ecb Bk__ M erch N a t ’l Bank. N B D O M ills & C o People’ s B a n k ... San B e r n a r d in o Am erican N a t Bank C alifornia 8tate Bk San Bern N a t Bk San Bern C o Sav Bk 800.000 1,478,720 l.nnn nnn 1,418,488 500.000 40,574 auu.UOOe 140,006 1.500,0001 3,247,959 100,000, 300.000 e 100.000 e 400.000 100.000 300.000 800.000 27,864,129 20,869,479 2,301,945 4,844,239 52,527,452 53,453 1,673,671 164,238 3,497,607 304.203 11,424! 184,687] 5,367,875 32,9211 655.203 116,809 3,159,897 100 341,532 10,096,054! 76,892 1,661,951 118,201 1,235,873 319,726 1,756,806 326,231 2,919,216 share 330 230 130 390 295 265 342 130 188 200 220 Per share 100 180 200 LO 215 O 100 100 100 240 250 1,000,000 364,157 13,118,707 100 500.000 e 346,833 10,070,710 508,934 11,241,377! 100 450.0001 1396,436 6,320,020; 100 350.000 200.000 e 139,000 2,400,000 500.0001 1,164,982 8,456,388 800,000 e 334,334! 7,671,669 100,000 100.000 e 100.000 150,000 Per 143 322 220 U 7 }4 400 381 285 255 151 Per share. Surplus d Profits. fc Oross Deposits. 100 Per shars. 140 10< 100 100 179 225 290 181 227 . . . 102 110 10( 100 10( 100 000 100 225 180 — 260 160 1,00 100 10( 214 226 275 278*' 5( 100 •55 H share. Per 100 100 80 IOC C A N A D A — See last page. C O L O R A D O — National banks A p r. 6; State institutions A p r. 6. C o lo r a d o S p g s .Colorado Sav Bank C olorado Spgs N B . Exchange N a t Bank First N ational Bank C olo T itle A T r C o . D en ver— Am erican N a tl B k . Broadway N a t B k . C entral 8 Bk A T r . C olorado N a t Bank D en ver N a t B ank. D rovers N a t B ank. First N ational Bank G lobe N a t B a n k .. Itallan-A m er Bank. Pioneer State Bank Stock Yards N a tB k U S N ational Bank Guardian Trust C o. H om e Sav A M e r chants’ B a n k .. International T r C o L e a d v llle — Am erican N a t Bank Carbonate N a t B k. P u e b lo — First N ational Bank Western N a t B ank. Pueblo Sav A T t C o ri5r share• 50,000 100,000 300.000 300.000 150.000 500.000 200.000 500.000 1,000,000 1,000,000 200.000 1,500,000 200,000 100,000 100,000 250.000 550.000 240.000 223,007 115,587 e202,553 381,021 99,348^ 1,963,163 1,878.480 5,225,529 5,824,909 1,733,096 100.000 100,000 177,762 4,031,540 1,489,996 15,641,303 1 21,620' 554,677 21,550 954,862 500.000 100.000 100.000 1,051,948 14,765,110 154,265 2,130,540 245,672 4,991,508 325.000 500.000 100 100 100 100 100 Per share. 554,075 10,373,847 37,181 3,152,183 121,070 7,420,708 100 1,705,053 33,716,296 100 1,139,904 34,048,944 100 46,113 1,184,196 ___ 1,704,743 42,382,865 100 52,307, 2,109,872 e412 542,558 — 15,500' 1,246,261 10,569 1,805,299 too 1,166,300 20,460,314 100 23,135 982,848 National banks A p r Clos 10C d Per share„ 100 10C I 100 -- - 6; State institutions A p r. t'ot 100 220 100 265 100 175 100 180 100 125 100 125 100 140 Per 100 430 30 200 100 235 100 320 100 100 100 305 100 450 B r id g e p o r t— ) C ity N ational Bank 1,000,000 1,209,136 10,157,158 First N atlonal Bank 1.000.000 1,778.367 16,011,463 696,620 10,115,312 B ridgeport T r C o _ . 1,000,000 166,953] 5,127,460 200,000 Am er Bank A T r Co 102,624 1,237,266 300,000 C om m ’l Bk A T r C o 67,788! 851,949 100,000 N o rth End Bk A T r 113,135! 2,056,066 100,000 W est Side B an k___ H a r tfo r d — 206,065 17,781,744 800,000 C ity Bank A T r C o 761,1631 4,197,040 150,000 Conn R iv e r B kg C o First N ational Bank 1,150.000 1,363,9631 8,125,145 H artford-Aetn a N B 2,000,000 3,750,924 16,446,467 100,000 38,789! 583,795 Merchants Bk A T r 79,5901 2,625,324 300,000 M utual Bk A T r C o Phoenix N a t B an k. 1.000.000 1,531,309 14,870,448 400.000 980,839| 8,276,511 State Bank A T r C o U nited States Secty 792,296 11,645,233 T r _____ ________ al.000.000 H artford-C onn T r C o ______________ 2,000,000 2,956,328 19,490,720 125,9111 2,520,122 100,000 Park St Tru st C o _ . 374,771] 2,653.164 a 150,000 R lverslde Tru st Co 100.000 312,328; 4,813,681 Travelers B A T r C o N ew H a ven 151,259] 2,608,594 100,000 A m er Bank A T r C o 119,094 2,764,957 200.000 B w ay Bk A T r C o . ®9,93l| 555,435 130,000 Citizens Bk A T rC o First N ational Bank 1,000,000 1,391,885 15,820,343 300,000 1,065,974 16,151,961 Mechanics’ B a n k .. 525,776 8,161,659 500,000 Merchants N a t B k . N ew H a v Bk N B A 1 200.000 2,122,968! 7,503,800 651,891 3,453,653 500,000 N atTradesm B k A T r 750,000 1,301,512 8,371,749 Second N a t B a n k .. non 1,160,811 11,138,378 T in *■ V rTo t* T V n.n San D ie g o — 250 735,071 15,796,338 100 225 First N ation a l Bank 1,000,000 200 216,190 4,325,473 100 175 500.000 First T r & Sav B k . 310 8,719,637 100 300 200.000 e 873,398 SanDlego T r A S B k . 175 76,514 2,421,984 100 160 250.000 e Secur Com m A S B_ 175 300.000 99,599 2,541,227 100 150 Union N a t B an k ___ 100.000 24,453 1,960,169 100 150 U nited States N Bk 200 125,000 30,270 1,467,041 100 180 U niversity A v e B k . Southern T r & C om inn 200 1 nnn nnn 215 360,482 20.448,951 merce Bank * Sale price, t C ap ita l is to be increased, x E x-dividend, h Includes Trust Funds, c Includes First Fed. T r , C o. stock. t June 30 1924. e D ec. 31 1924. t M arch 31 1924. b Trust Assets. a Note.— U . S. Security T r . Co. rights, 150 bid, 155 asked. Riverside T r . Co. rights, 140 bid, 160 asked. Ask. Bid. Par San F ra n c is c o — Am er Bank of S. F . 4,750,000 e l , 692,534 60,456,325 A n glo London-Paris N ation al B a n k .. 5.000,000 3,778,123 95,220,361 Bank of C a lif, N A 8,500.000 9,014,567 78,570,247 Bank of I t a l y _____ 17.500,000 8,724,853 324248 888 B a n ca P o p o la r e F u g a z l__________ 1,057,000 e213,864 17,232,456 B rlt-A m er B an k___ 1,000,000 e58,916 4,032,255 824,072 6,528,849 Canad B k o f C o m .. 750,000 Canton B an k_____ 600,000 ell8 ,7 13 3.317,237 Crocker N a t Bank 2,000.00( 7,366,507 42,407,136 D onohoe-K elly BC o e242,8S6 2,521,666 650,000 First N ational Bank 3,000,000 1,703,481 27,983,561 French-A mer Bank 1.250,000 e778,404 17,385,077 T h e San Fran Bank 1,000,001 e3,000.000 92,917,170 H um boldt Bank___ 1,200.001 e l , 143,308 25,512,041 Italian-A m er Bank 1,500.00( e603,023 19,814.481 L ib erty Bank_____ 1,000.000 el20,737 5,794,377 Mission Sav Bank 500,000 el38,978 8,374,331 2 0 0 .non T h e Mission Bank 198,133 2,409,796 Pacific N a t B a n k .. 1,000,000 227,092 2,633,533 W ells Fargo Bank A Union Trust Co 9,000,000 8,020,411 110950783 A nglo-C allf T r Co 1,500.001 e l , 733,419 53,101,434 M ercantile T r C o. 5.500.001 e4,921,416 144433102 Flrst Federal T r Co 1,500,001 930,911 24,117,970 United Bk A T r Co 4,500,001 812,490 41,796,947 San Jose— Bank of San Jose300.001 e412,805 5,441,410 701.332 7,347,238 First N ational Bank 500,00i 300,000 50,593 1,294.972 Grow ers B an k ____ Security Sav Bank 100,001 298,700 2.612.06C 308,608 1,828.347 100,000 Security State Bank S to c k to n — 400,001 e322,830 4,169.957 C ity B an k_________ 561,337 6,381,097 C om m ’ l A Sav B k. 750 00( 200,000 e415,005 1,913,629 First N ational Bank Stockton S A L Bk. 500,000 e l , 029,321 7,101,160 250,000 e64,458 1,458,288 U nion Safe D ep Bk 100 — 6. #Aar#»225 270 180 185 135 ____ _ 142 share. 245 325 120 350 100 460 100 295 100 340 100 Per 100 185 100 121 100 100 200 60 225 50 77 100 210 100 175 100 210 m n 29S share. 130 105 79 178 4 O ct, 10 1924. BANKS AND TRUST COMPANIES 56 IL L IN O IS — C O N N E C T I C U T — (C o n c lu d e d ) S u r p lu s P r o fits . Capital. N jr w lc h — M erchants’ N a t B k Tham es N a t B an k. D ncasN at B a n k .. . Bankers Tru st C o . . W a te r b u ry — Citizens’ A M anufacturers’ N a t Bk W aterbury N a t Bk Colonial Trust C o . Merchants T r C o . . W aterbu ry T r C o . . D ELAW ARE— S 100,000 1.000,000 100.000 100.000 W a s h in g to n — Citizens Sav B an k. Columbia N at Bank Commercial N a t Bk Bank o f Com A Sav Departm ental Bank D istrict N a t Bank. Tarm A M ech N a t . Federal Am erican N a t B a n k ._____ Franklin N a t Bank L ib e rty N a t B a n k . . Lincoln N a t Bank. M ercb Bk A T r C o M t Vernon Savs Bk N a t Bank o f W ash. N a t C ap ital B an k. N a t M atron B ank. Peo Com m A S a v. B iggs N a t B a n k .. . Second N a t B a n k .. Secur Sa vA C om Bk Washington Sav Bk Am er Secur A T r Co Continental T r C o . N a t Sav A T r C o ._ Munsey Trust C o . . Union Tru st C o ___ United States S B k . Wash Loan A T r Co Q E O R Q IA — A u g u s ta — Georgia R R B an k. Citizens A Sou B k . N a t Exchange Bank Union Sav B an k___ C olu m b u s— C ol Sav Bk A T r C o Fourth N a t B a n k .. Hom e Savings Bank M erch A M ech B k . First N a t Bk of C ol. T h lrd N atlonalBank M a con — B !bb N ational Bank Citizens A Sou B k . F mrth N a t B a n k .. M scon N a t B a n k .. S a va n n a h — C itizen s’ A Sou B k . E rchan ge B an k___ L 'b e r ty Bk A T r C o S tvannahB kA TrC o C itizens’ Tru st C o . ID A H O — Per 100 100 100 125 100 125 100 125 | 2,016,9441 13,348,110, 2,034,848 1,296,3441 3,483,292 6,442,046 5,351,206 6,314,668 14,020,7471 6; s h a re . 110 130 105 130 s h a re . 6. A p r. P e r sh a re . 100 50 50 100 25 100 100 100 50 127 122 60 197 101 110 270 281 117 130 129 62 205 115 120 280 292 125 6. o th e r in s t s . A p r . P e r s h a re 1.200,000 225,000 500,000 300.000 1,000 000 160,000 1.050.000 200,000 800.000 100,000 2,500.000 500.000 200.000 100,000 3,400.000 1,000.000 1,000,000 2,000.000 2,000,000 100,000 1,000,000 924,745' 11,431,442 115,656 4,656,812 231,636 2,913,502 619,059 6,232,905 389,181 8,657,341 105,581 3,138,904 101,070 9,134,722 a29S,436 1,633,419 1,033,231 16,169,784 d4,781 340.545 1,735,920 35.040,400 363,068 5,712,771 197,177 4,681,490 30,164 661,276 3,063,054 28,532,994 al56,742 3,288,087 2,327,754 10,930,445 699,879 5,241,729 853,971 7,212,055 200,394 2,13/,887 1,965,577 13,731,006 6 S ta te in s t it u t io n s A p r 100 300 100 153 10 225 156 Too 193 ICO 240 200 100 235 100 174 Too 360 137 22534 Too 339 100 185 100 285 222 Too 325 100 87 100 425 343 100 180 360 400 739,164 38,379,797 859,094 25,393,359 101.907! 1.822.639 595,957 26,386,712 42,922 3,438,725 1,000.000 200.000 500,000 1,000 000 500.000 500,0001 972,742 21,659,004 a40.363 1.735.335 o484,638l 9,026,473 691,698 16,749,617 e75.000 1,303,743 al41,434 2,848,312 6, 230 330 90 190 415 6. Per 1,400,000 750.000 50,000 500 000 100,000 150 Too 225 100 200 100 300 Too 100 100 160 s h a re . 200 Too 100 Too 100 S ta te i n s t i t u t i o n s A p r 1160 6. P e r s h a re . 200,000 e58,000 350,000 4,000,000 3,635,303150,555,298 3,000,000 2,804,352:59,217,230 1,200.000 2,464,871 34,979,354 750.000 333,731 10,185,061 500.000 a375,586 2,702,827 1,500.000 a572,832 4,964,069 2,000.000 1,651,098 5,202,045 100 100 100 272 245 t 100 325 100 130 100 185 100 145 100 280 Per 1,000,000 c338,582 9,054,026 3,000,000 2,804,352 59,217,230 400.000 236,131 3,354,360 100,000 094,021 1,517,397 100 240 : 100 105 100 140 Per 250.000 300,000 100.000 200.000 200.000 500,000 a227,998 175,862 o78,000 a275,000 252,999 537,043 2,832,148 1,239,374 1,420,000 1,650,000 1,269,893 2,291,844 100 100 100 100 100 100 150 130 145 195 145 150 Per 200,000 olOO.OOO 1,300,000 3,000,000 2,804,352 59,217,230 500.000 634,772 11,155,492 150,000 al94,954 2,381,119 100 99 245 1 100 198 100 198 Per 8,000,000 2,804,352 59,217,230 250,000 al36,140 1,405,000 300.00C 0536,867 3,580,465 700,000 770,438 4,868,989 300,000 o95,931 1,001,277 275 250 330 135 200 148 282 sh a re. 250 155 s h a re . 160 132J4 150 290 150 155 s h a re . 100 250 200 s h a re . 200 190 130 6. 250,000 300.000 son nnn t 100 245 10C 125 10(1 175 10C 100 125 231,782 322.643 90,687 3.966.064 100 5.902.3671 100 2,797,398 100 1 - . - . _ fw luatjusou. D ec. 31 1933. C a p ita l. Ask. 100 175 78 50 100 410 100 250 100 160 S ta te i n s t i t u t i o n s 93,569 1,164,165 a3S3,166 3,500,247 454,370 14,940,978 a ll5 ,5 3 7 1,432,955 a42,546 556,759 526,086 7.708,572 405,014 3,130,401 a D ec. 311924. o Onnitm * E x . d iv, Sept. 14 1923. • C onsolidation. B id . % 623,335 2,975,313 734,059 758,708 200,000 250.000 1.000.000 100 000 103,860 650,000 252.000 N a tio n a l ba n ks A p r . B oise C it y — Boise C ity N a t B k . First N a t nf Idaho Pacific N a t B a n k .. 6; N a t. banks A p r . N a tio n a l banks A p r . A t la n t a — Am erican S av Bank A l l A L o w ry N a t Bk C tlzens A Sou B k . F ju r th N a t B a n k .. F d t o n N a t B a n k .. G a Sav B k A T r C o A tla n ta T ru st C o . . Tru st C o o f Georgia P a r. 322,382 9,901,921 535,026 3,469,793 1,300,644 8,036,779 418,161 4,535,722 190,510 3,941,242 210,000 220,141' 500 000 a l . 190,037 1,250,000 262,376 110,000 206,792 203.175 860,125 900,000 343,003 1,000,000 a845,354 000 000 971,996 2.000,000 1,467,096 N a t.b a n k s A p r . J a c k s o n v ille — A tla n tic N a t B ank. B iraett N B of Jack Citizens B an k_____ F lorida N at Rank People’s B an k_____ Tam pa— Citizens B k A T r . Bank o f Com m erce E cchange N a t Bank First N ational Bank First Sav A T r C o . . N a t C ity B k ,Tam p a Q ro s s D e p o s its . Per 600,000 500,000 500,000 400,000 300,000 D I 8 T . O P C O L U M B IA — F L O R ID A — 8 81,734 755,637 63,657 32,255 N a tio n a l b anks A p r . W ilm in g t o n — Central N a t Bank. Tanners’ B an k____ Industrial Tru st C o N a t Bk o f D elaware Union N a t B ank___ D elaw are Trust C o E qu itable Tru st C o Security T A S D C o W ilm ington T r C o . < fc N a tio n a l banks A p r . A u rora — A urora N a t B a n k .. Flrst N ational Bank Am erican N a t Bank M erchants N a t Bk Old Second N a t Bk Aurora T r A Sav Bk S 100,000 100.000 100,000 300.000 200.000 200,000 [V 6, S ta ts i n s t i t u t i o n s S u r p lu s P r o fits . A $ 313.483 237,630 <321,171 207,853 313.775 227,165 G ro s s D e p o s its . A p r. : |P a r . o l. 120 6 B id . N om 2,497,261 3,377,178 2,498,767 2,738,270 2,336.785 2,430,642, 100 100 100 100 100 100 435 335 375 200 150 215 Per C h ic a g o — Aetna State B an k. _ 200,000 138.928 3,807,553 100 180 A lbany Park N a t Bk 200,000 104,549 2,053,882 100 165 Alliance N a t Bank. 104.342 3,695,449 100 160 200.000 A tlas Exch N a t B k. 200.000 74,463 2,333,272 100 125 Austin State Bank. 254,183 6,408,601 100 225 300.000 Boulevard Bdge Bk 148,657 7,672,493 100 180 400.000 Bow m anvllle N a t ’l of C hicago_______ 200.000 60,119 4,113,336 100 150 103 B roadw ay N a t B k . 44.206 1,366,134 200.000 Calum et N a t Bank 142,710 7,325,531 '165 '250 300.000 C apital StateS avB k 85,304 4,126,256 100 179 300.000 C entral M fg Dls Bk 500.000 670,855 8,401.208 100 370 Citizens S tate B k . . 367,212 7,834,685 100 '285 500.000 C ont A Com m N B 25.000,000 21,194,631 411191000 100 344 Cosm opolitan St Bk 412,779 10,678,818 100 180 750.000 Depositors State Bk 256.524 5,859,614 100 190 350.000 D ivision State Bank 133,004 2,430,483 100 200.000 Douglass N a t B k ._ 978,319 100 105 <22,991 200,000 Drexel State Bank382.323 9,272,892 100 230 350.000 D rovers N a t Bank. 1.000.000 497,245 14,674,555i 100 200 First E n g l e w o o d State B an k_____ 100,0621 3,551,109 100 164 200.000 First N ational Bank 12.500 000 17,956,723; 238 655 968 100 485 First N a t E n glew ’d 200.000 661,446 7,241,231 100 390 Foreman N a t Bank. 4.000. 4,588.341I64,553,423 100 409 000 Fullerton State B k . 259.000 122,3331 3,028,913 100 165 3UO 000 O arfletd Pk St s Bk 82,8541 5,753.047 100 195 250,000 1,635,395 G uardian N a t Bk__ 1.000. 000 Hatsted St State Bk 20u UUO 203,998 3,457,151 100 235 H ill State Bank___ i 57,857 2,205,662 100 200.000 H u m boldt State Bk <79,703 3,477,074. 100 189 200.000 H y d e Pk State B k .j 328,535 5,101.8971 100 225 300 000 153,382 4,858,2111 100 200 Independ’e State Bk 400.000 Irvin g Park N a t Bk 167,045 4,380,552; 100 260 200.000 Jefferson Park N a t .! 126,145 3,618,043! ___ 200 250.000 Kaspar Am er St Bk 1.600.000 687,663 17,831,313 100 200 347,373 5,678,956; 100 250 K en w ’ d N a t ’ l B k ._ 300.000 Lake View State Bk 199,251! 7,693,7771 100 165 300.000 198,544' 5,809,762. 1 0 0 _____ Law ndale N a t Bank 250.000 Lawndale State Bk 188,305 4,669,343 100 375 500.000 Lincoln State Bank 68,536 3,208,220 100 135 400.000 Logan Sq St A Sa Bk 63,378 2,782,876 200.000 M a d A KedStatnBk 1.000,000 463,715 ll,648,517i 100 190 130 M a d Sq State B k ._ 55,258 2,204,879’ 300.000 M arket Tra d St Bk 109,531 2,672,550 100 115 400.000 M otrop State Bk . <117,160 2,645,002 100 135 200.000 N a t Bk of Republic 4,000.000 1,514,131 81,218.588 100 195 114. 951 a 555 435 100 150 N a t B k of W o o d l’ n 300,000 N ation al C ity Bank 2.000. 100 173 000 el,658!305 38il88!l91 N a t Bk of C om ’ce . 600.000 401,443 7,203,210 100 184 N o rth A v e State Bk 200.000 182,232 8,498,873 100 180 1.000. 000299,675 8,852,045 100 209 N oel 8tate Bank. 92 Ogden N ational Bk 200.000 51,093, 1,402,278 100 P eople’s Stock Y ’ds 463,815 15,625,7171 100 265 State B ank_____ 1,000,000 167,774 3,634,113 100 160 Ph illip State B & T 400.000 218,677! 7,577,713 100 230 Pioneer T r A S a v Bk 500.000 164,041; 8,417,130 100 200 Reliance State Bank 300.000 175,905! 4,773,854 100 250 Roseland State S B 200.000 131,104 6,078,585 100 275 Schlff T r A Sav Bk 400.000 83,905 2,409,998 100 160 2d N W State B k . 200.000 251,247; 5,284,374 100 Second Security Bk 350.000 498,122 7,814,085 100 340 Security B ank......... 700.000 513,209 7,927,330 100 273 So Chicago Sav B k . 600.000 South Side T r A Sav 315,742 11,016,476 100 210 750.000 124,125 3,164,807 100 143 Southwest State Bk 200.000 State Bk o f Chicago 2.500.000 6,553,493 54,239,104 100 555 638,225 15,797,671 100 280 Stock Y ard s N a t Bk 1.350.000 240,402 10,207,377 100 Stk Y ds T r A Sav Bk 337.500 21,296 1,978,015 100 Transportation Bk 250.000 57,997; 1,942,384 100 20th St State Bank 200.000 Union Bank o f Chic 428,934 8,454,095 100 210 500.000 171,910 3,053,405 100 210 U nited State B ank. 200.000 108,545 2,641,740 100 150 U n iv St Bk of C h ic. 300.000 329,418 10,937,033. 100 250 W ashington P k N B k 890.000 W est E n glew ood— 300,77l! 5,227,099! 100 290 500.000 Tru st A Sav B k . W est T o w n S tateB k 300.000 170,280 5,094,071' 100 250 C entral T r C o o f 1 1 6,000,000 4,208,287 78,044,440 100 223 1 Chic C lty B k A T iC o 500.000 1,189,846 8,777,685 100 375 Chicago Trust C o . . 1.500.000 1,111,003 21,321,416 100 190 54,580 2,703,509 100 Citizens T r A Sa Bk 200.000 Cont A C om T A S B 5,000,000 11,377,976 121422403 100 517,213 8,025,951 100 D rovers T rA S a v Bk 250.000 East Side T r A S Bk 200.000 97,270 1,348,902 100 250.000 E quitable Trust Co 72,477 2,763,659 100 123 400.000 <81,187 4,220,018 100 130 F idelity T r A S B k . First T r A Sav B k . 6,250,000 10,534,893 117127951 100 115 740,891 11,381,847 100 Foreman T r A S Bk 1,000,000 Franklin T r A S Bk 300.000 538,201^ 5,070,152^ 100 235 Greenebaum Sons’ Bank A Tru st Co 1.500,000 1,349,969 25,275,088 100 425 300.000 301,425 3,037,716 100 235 Guarantee T r A Sav 000 H arris T r A Sav Bk 3.000. 4,874,112 60,973,508 100 380 1.000. 000 H om e Bk A T r Co 598,642 8,980,988 100 260 Illinois M e r c h T rC o 15,000,000 35,231,207 357194607 100 477 200,000 Keystone T r A Sav 62,795 1,592,130 100 130 200.000 116,194 3,862,578 100, 175 K lm bell T r A S B . . 500.000 Lake Shore T r A S B 237,141 5,535,938 100; 220 500.000 L akeview T A S Bk 754,477 11,931,371 100 325 500.000 203,995 9,681,384 100. 200 L ib e rty T r A S B k . 200.000 Lincoln T r A Sav B 163,449 2,405.205 100; 185 400.000 225,255 8,630,542 100 210 M ercantile T rA S a v 750.000 <286,123 13,680,540 100 220 M id -C ity T r A S Bk N orthern T r C o ___ 2,000.000 5,347,469 54,587,627; 100: 397 829,888 19,348,029 N o rth w ’n T r A S Bk 1,000.000 678.925 19,375,059 100; 250 People’ s T rA S a v B k 1.000,000 424,700 7,691,241 100 250 500.000 Pullman T rA S a v B k 500.000 474,548 10,124,981 100 225 Sheridan T r Sav Bk 35).000 53,473 4,740,743 100 200 Sou West T r A S a v. 957,616 15,438,276 100 170 Stand’ d T rA S a v Bk l . 000.000 180,038 2,379,122 100 175 200.000 Stockm en’ sT rA S B k Union Tru st C o ___ 3 000.000 3,835,543 64,055,027 100 330 248.926 13,769,878 100 245 700 000 W Side T r A Sav Bk 500 000 312,260 9,409,040 100 255 W o o d la w n T rA S B k Aeb. in a l. 450 350 400 200 225 s h a re . 190 10 6 390 34i 200 205 133 240 205 170 490 413 205 200 210 140 200 140 125 140 200 177 Too 210 300 300 — 350 218" 570 290 455 220 160" 300 237 385 30 6 lo ; 3 5 o 1 133 125' 440 245 270" 481 140 230 225 200 230 402 230 180 190 255 265 c M ar. 31 1924. d Dec. 31 1924. - O ct. 10 1924. o C ap ital pala in authorized am ount Is larger. » June 30 1924. t Includes trust deposits, t Branch o f Savannaa. * N ew stock. 1 Last sale. May, 1925.] BANKS AND TRUST COMPANIES I L L I N O I S — (C o n c lu d e d ). Surplus A Profits. Capital. E lg in — E lgin N a t B ank___ First N ational Bank H om e N a t B ank___ Union N a t B ank___ Elgin C itv B ’k ’ a C o H om e T r 'A Sav Bk P e o r ia — Central N a t B an k. Com m ercial N a t Bk D im e Sav & T r C o . First N ational Bank Hom e Sav A S tate. State T r A Sav B k . M erchants A 111 N B F irst T r A Sav B k . Q u in c y — • Illin ois State B an k . Q u incy-R N B A T r State St B k A T r C o M erca n tile T r A SB State Sav L A T rC o R o c k fo r d — Com m ercial N a t Bk Forest C ity N a t Bk M an u f’rs N a t Bank Peoples B k A T r C o Rockford N a t Bank Security N a t B ank. Swedish-Am N a t Bk T h ird N ationalBank S p r in g fie ld — First N ational Bank Illinois N a t B a n k .. R id gely-F arm ’s S B Sp’gfield M arine Bk First State T r A Sav 1 0 0 ,0 0 0 2 0 0 .0 0 0 * 150,000 1 0 0 .0 0 0 I O W A — (C o n c lu d e d ) Gross Deposits. Par. * 150,000 1 0 0 .0 0 0 300.000 750 000 250,000 550,000 250,000 400,000 500,000 2 0 0 ,0 0 0 300,000 * 500,000* 500,000 2 0 0 ,0 0 0 * 1 , 0 0 0 ,0 0 0 S 1,231,480 2,241,909 2,219,330 1 , 10 0 ,0 0 0 2,422,328 1,818,513 2 0 0 ,0 0 0 125,000 500,000 5,564,140 8,804,005 3,145,075 6,938,388 3,323,661 1,862,990 6,840,333 3,427,165 10 0 10 0 10 0 10 0 10 0 10 0 10 0 10 0 159,647 3,204,694 140,423 4,887,752 103,674 3,764,400 135,091 2,534,228 663,024 7,803,332 992,542 3,595,638 3,609,110 2,501,704 9,482,639 1,452,335 2,863,845 4,134,920 325 345 375 350 195 130 275 350 350 400 360 10 0 10 0 10 0 10 0 10 0 Per 175 130 130 167 190 a*arg 185 140 150 175 10 0 10 0 10 0 10 0 10 0 10 0 10 0 10 0 _____ i _____ I ........ 1 _____ 1 _____ l _____ l .........1 _____ l 500,000 * 300,000 600,000 500,000 500,000 * 212,348 123,770 292,408 509,660 317,539 5,753,988 4,719,260 7,163,383 8,051,194 5,110,871 500.000 354,583 9,593,569 56,503 1,353,968 223,493 6,38S,216 2 0 0 ,0 0 0 * 50,367 2,028,310 1 0 0 ,0 0 0 fc 48,031 1,292,293 500,000 218,833 7,544,633 250,000 * 184,889 4,260,948 250.000 * 173,564 2,880,044 1 0 0 ,0 0 0 81,480 1,086,512 1 0 0 ,0 0 0 * 5,569 382,378 1 0 0 ,0 0 0 * 500,000 1 , 0 0 0 .0 0 0 505,801 12,892,159 469,001 5,817,325 622,232 8,204,804 210,214 4,627,029 43,071 1,661,280 50,049 1,571,582 2 1 2 , 2 1 1 4,802,229 356,249 2,903,728 709,853 13,689,694 300,000 500,000 300,000 225,000 2 0 0 ,0 0 0 500,000 2 0 0 ,0 0 0 * 500,000 400,000 3,000,000 2 ,0 0 0 ,0 0 0 1 0 0 ,0 0 0 1 0 0 ,0 0 0 850,447 1,137,254 189,559 265,624 1,539,129 59,247 108,008 700,000 500,000 300.000 400,000 500,000 500.000 463,089 595,306 328,081 139,253 790,602 343,440 3,167,362 2,941,357 2,529,121 1,771,240 7,811,850 5,405,140 10 0 10 0 10 0 10 0 10 0 10 0 2 0 0 ,0 0 0 2 0 0 ,0 0 0 1 .0 0 0 .0 0 0 1 0 0 ,0 0 0 250,000 250,000 150 0 00 300,000 2 1 0 ,0 0 0 1 0 0 ,0 0 0 1 0 0 ,0 0 0 1,500,000 1 .0 0 0 ,0 0 0 750,000 2 0 0 ,0 0 0 600.000 6 State institutions A p r 20 0 110 225 20 0 20 0 275 132 250 185 Des M oin es— Bankers Tru st C o . . C ap C ity State Bk Central State Bank C om m ercial Sav Bk Des M oines N a t Bk Des M oines 8 B & T H om e Savings Bank Iow a T r A Sav B k . Iow a N ation al Bank M echanics’ Sav Bk People’s Sav Bank. U nited State Bank. U niversity State Bk V a lley N a t B a n k i. V alley Sav Bank__ Central Tru st C o _ . Iow a Loan & T r Co D u bu qu e— Consol N a t B a n k .. First N ation al Bank Pioneer T r& S a v Bk U nion T r A Sav Bk Iow a T r A Sav B k . S io u x C it y — First N ation a l Bank L iv e Stock N a t B k. T o y N a t B a n k ____ Sioux N a t B an k___ Security N a t Bank. W oodbu ry C o S Bk Farm ers’ L A T r Co First T ru st A 8 Bk_ $ 1.000.000 150.000 250.000 200.000 1 .000.000 400.000 100.000 100.000 1.600.000 100.000 100.000 200.000 50.000 500.000 150.000 500.000 500.000 500.000 200.000 150.000 150.000 300.000 1 , 000,000 200.000 200,000 400.000 250.000 100 000 150.000 100.000 K A N S A S — Nationalbanks A p r 6. 200 170 190 105 125 190 180 175 20 0 share 220 180 20 0 115 130 20 0 20 0 190 220 85 90 Per share. 210 215 270 280 290 300 190 195 12 0 125 135 140 165 175 300 310 300 310 106 149 252 160 303 264 t— m ___ 167 108 125 108 110 210 154 219 217 227 86 20 0 340 150 _ No minal 170 210 210 135 250 150 360 t ____ VTteas 185 215 215 150 280 160 6 Per shars. 300 315 300,000* 100,000* 600,163 72,589 4,463,888 2,270,164 10 0 10 0 20 0 210 600,000 * 568,813 106,738 9,055,293 2,203,615 10 0 10 0 20 0 200 210 210 475,000 12,028,000 2 2 0 ,0 0 0 3,687,090 65,000 2,923,000 657,000 14,064,000 63,000 2,025,000 2 0 1 ,0 0 0 3,033,000 176,000 3,568,000 10 0 10 0 10 0 10 0 10 0 10 0 10 0 235 190 180 300 125 225 267 Per 101.075 6’081 203.799 175!030 153.691 10 0 10 0 10 0 1 0 0 ,0 0 0 500,000 2 0 0 ,0 0 0 2 0 0 ,0 0 0 500,000 1 0 0 ,0 0 0 2 0 0 ,0 0 0 2 0 0 ,0 0 0 150.000 * 50000 * C itizen s’ T r & S Bk 10 0 10 0 10 0 10 0 10 0 10 0 10 0 10 0 10 0 10 0 10 0 10 0 10 0 10 0 10 0 10 0 10 0 10 0 10 0 10 0 100 10 0 10 0 10 0 10 0 10 0 10 0 10 0 10 0 2 0 0 '0 0 0 H om e Sav B an k___ 10 0 10 0 10 0 10 0 10 0 10 0 10 0 10 0 10 0 10 0 4.327,224 26,443,304 23,894,436 1,049,352 11,183,818 4,890,986 4,399,422 2,556,123 2,275,789 3,352,137 1,730,114 2,095,690 1,823,319 18,574,277 8,660,731 2,385,559 3,676,039 30,793,633 2,180,349 5,663,579 1.250,000 214,150 656,486 2,311,764 90,300 1,767,750 485,261 * 79,552 * 122,008 43,985 130,365 116,404 1 2 0 0 00 1 0 0 ,0 0 0 * D a v e n p o rt— 132 >4 285 10 0 10 0 10 0 10 0 10 0 Per IO W A — National banks A p r. B u r lin g to n — Am er S Bk A T r Co Burlington Sav B k . First Iow a State T r Sav B k _________ M erchants’ N a t Bk C ed a r R a p id s — C ed R apids N a t Bk Ged R a p S B k A T rC o Iow a S tate Sav B k . M erchants’ N a t Bk People’s Sav B an k. Security Sav B an k . Am er T r & Sav B k . C o u n c il B lu f fs - 20 0 Capital. Surplus A Profits. Gross Deposits. Par. $ $ *338,845 *106,571 *301,203 1)79,356 413,639 r l , 165,145 *75,098 *28,026 r863,492 1)38,423 *304,706 i)63,560 *15,324 241,360 196,114 1)260,000 *518,815 4,885,917 3,215,281 8,390,228 3,541,434 17,316,219 26,940,035 2.958.043 1,917,156 18,359,770 1.589.577 4.763.043 1,537,664 464,484 4,957,410 3.140.577 3,000,000 8,037,194 123,411 294,582 *95,815 *271,137 *216,000 5,295,818 4,483,994 1,188,250 3,434,968 2,612,277 254,487 10,849,603 107,130 4,137,315 128,956 4,735,013 159,224 5,816,286 320,136 5,988,159 *152,985 3,128,553 *110,114 3,198,237 *25,252 1,166,265 Bi&. As i . N o minal priest 100 100 100 100 100 100 100 100 100 100 100 100 100 100 Clos ed. C los ed. ___m io o Per share. 1 150 100 260 100 250 l 175 100 225 too 200 200 100 175 Per shaft. 195 100 195 100 250 250 100 100 100 100 100 100 Per share. I N D I A N A — National banks A p r. 6 ; State institutions A p r E v a n s v ille — C itizens’ N a t Bank Lam asco B an k____ N ation al C ity Bank M ercantlleC om ’lBk N orth Side B a n k .. Old N a t B an k_____ W est Side B an k___ Am T r A Sav Bank Citizens T r A S B k . Farmers Trust C o . P o rt W ayne— First N a t B k _______ Lincoln N a t Bank. Old N ation al B an k. Citizens’ Tru st C o . D im e Savs A T r Co Farmers Trust C o . Lincoln Trust C o ._ People’s T r A Sav Co Tri-S ta te L A T r Co In d ia n a p o lis — Continental N a t Bk Fletcher-Am N at Bk Indiana N a t B ank. L iv e Stock B k _____ Merchants’ N a t Bk M eyer-K iser B ank. National C ity Bank People’s State Bank Aetna T r A Sav C o . Bankers Tru st C o . . C ity Tru st C o _____ Farmers Tru st C o. F idelity Tru st C o . . Fletcher Sav A T r . Indiana T ru st C o _ . State Sav A T r C o . Security Tru st C o . Onion Tru st C o ___ Wash Bank A T r Co W ild A C o State Bk T e r r e H a u te — First N ation al Bank M cK een N a t Bank Terre H au te N a t Bk Citizens T r . C o ___ Terre H aute T ru st. United States T r Co Ask. 10 0 10 0 10 0 10 0 10 0 10 0 73,390 298,515 512,419 236,662 815,642 75,038 241,068 360,419 2 0 0 ,0 0 0 300,000 400.000 250,000 750,000 Bid. Per share. % 70,740 156,954 295,073 70,000 197,700 187,204 693,570 1,464,701 262,026 918,857 183,227 174,522 743,483 418,737 $ 57 2,503,557 798,279 3,831,906 4,376,141 3,322,436 250 200 20 0 350 150 250 275 share. 10 0 Per share. 1.202.143 389 510 50,000* 55j 144 150 0 00 266.421 150,000 * 140,000 500,000* 116,000 1 0 0 .0 0 0 * 1 1 2 . 1 0 0 800.000 fe 868.875 1 0 0 ,0 0 0 * 861920 1 ,0 0 0 ,0 0 0 '2 0 0 0 00 21 .952.707 4,975,461 1,160,210 5,039,387 1,300,000 6,500,000 368.503 11 .599.453 l|545,240 10 0 10 0 10 0 10 0 10 0 10 0 10 0 10 0 K a n s a s C it y — Com m ercial N a t Bk Exchange State B k . C om m er’l State Bk People's N a t Bank R lv ervie w State Bk Topeka— Bank o f T o p ek a ___ Central N a t B ank. Farm ers’ N a t Bank F idel Sav State Bk K a w V a lley N a t Bk M erchants’ N a t Bk Shawnee State Bk. State Savings Bank Topek a State Bank Central Tru st C o . . Prudential Tru stC o W ic h ita Central State B k . . First N ational Bank First Tru st C o ____ Fourth N a t B a n k .. M erch Res State Bk State Reserve Bank Southwest N a t B k . U nion N a t B an k___ U nion Stk Y d s N at W ich ita State B k . . 300.000 2 0 0 ,0 0 0 1 0 0 ,0 0 0 2 0 0 ,0 0 0 1 0 0 ,0 0 0 4nn non 500 0 0 0 1 0 0 0 00 2 0 0 .0 0 0 1 0 0 ,0 0 0 2 0 0 0 00 fiO 0 00 1 0 0 0 00 50,000 400 000 1 0 0 0 00 1 0 0 ,0 0 0 1 ,0 0 0 0 00 1 0 0 0 00 1 , 0 0 0 ,0 0 0 2 0 0 ,0 0 0 500,000 2 0 0 .0 0 0 2 0 0 ,0 0 0 1 0 0 .0 0 0 1 0 0 ,0 0 0 6; State institutions M a r. 23. *333,281 10,018,584 tl08,467 2,663,392 i83,745 1,399,740 *78,428 3,065,142 »125,000 2 ,0 0 0 ,0 0 0 10 0 10 0 10 0 10 0 10 0 6,964,757 6,835,524 1,153,269 1,678,632 610,892 4,152,108 992,960 2,177,425 1,848,463 2,337,999 748,420 10 0 10 0 10 0 348,893 124 025 35,139 il2,721 29,994 158 415 »21 981 t‘50,000 i56,809 160,634 224,453 818,288 nl2,755 1,020,679 18,847,059 508,000 85,000 348,826 13,433,725 126,425 1,261,416 105,000 5,000,000 45,907 1,723,478 39,638 1,038,321 700,300 15,429 i44,359 2,282,728 K B N T U C K Y — National banks A p r C o v in g t o n — C itizen s’ N a t Bank First N ational Bank L ib e rty N a t Bank C ovin gton S B & T r P eop le’ s 8 B k A T r L e x in g to n — Bank o f Commerce 200,000 500,000 350 000 100,000 100.000 Per 8har§ 190 215 6: 200 175 160 210 10 0 10 0 10 0 166 10 0 1 UU 10 0 10 0 ion 10 0 10 0 10 0 too 10 0 125 800 10 0 275 175 150 125 125 150 125 115 10 0 90 10 0 110 225 State institutions Dec. 31. 256,749 518,854 230,206 137,108 133,927 2,356,083 4,951,235 3,873,767 1,425,155 1,568,851 100 100 100 100 100 300,000 250,000 3,067,910 100 300 O O O 328,033 2,482,288 100 450,000 3,668,640 100 800.000 F irst A C ltv N a t Bk 300,000 61,811 2,758,387 100 G uaranty Bk A T r . 467,333 3,812,749 100 Phoenix N a t B k A T r 1,000,000 234,434 1,163,104 100 150,000 Second N a t B a n k .. d56,232 1,660,348 100 100,000 Union B k & T r C o. 500,000 dl61,570 2,123,414 10C Security T r C o ____ L o u is v ille — C itizens' U nion N B 1,000,000 1,909,839 27,933,132 100 500,000 600,906 11,093,547 100 First N ation a l Bank 500,000 1,074,338 17,094,774 100 L ib e rty Ins B a n k .. 200,000 315,713 2,268,530 100 Security B an k _____ 477,592 4,237,536 rio o K en t T i t S B A T Co f/250 000I \100 loioo .ooo r 750.000 221,169 6,670,168 100 Lincoln Bank & T r . 500.000 319.160 7,748,044 100 Lou isv N a t B a n k .. N at B k o f Kentucky 2,500,000 4,793,841 46,203,402 10 0 1 0 0 .0 0 0 Stock Y a rd 3 Bank. 901,501 100 76,358 494,086 27,679 250,000 Bankers Trust C o . F id elity A Oolum T r 2,000,000 1,095,055 4,445,270 100 344,003 5,092,350 100 800,100 Lou isville Trust C o 350,000 184,207 1,571,508 10 0 U nited States T r Co N e w p o r t— 268,366 1,446,340 10 0 100,000 Am erican N a t Bank 100.000 280,000 2,659,910 100 N ew p ort N a t Bank __ Per share. 190 280 200 175 129 130 173 180 113 ,120 Per share. 160 195 195 134 150 210 213 265 275 390 400 Per share. 350 420 500 475 260 152 192H 340 180 115 205 208 150 Per 220 200 90 350 190 212 share. 225 — L O U IS IA N A — National banks A p r. 6 ; State institutions A p r . 3. N e w O rlea n s— Am erican B a’ k A T r Canal-Com m ercial Tru st A Sav Bk_ In t-S ta te T r A B Co N e w Orl Bk A T rC o M arine Bk A T r C o W hltney-C ent N B H ibernia Bk A T r Co W hltney-C ent T r A Savings B ank___ S h r e v e p o r t— Am erican Bk A T C o American N a t Bank C ity Sav Bk A T r C o Com m ercial N a t Bk Exchange N a t Bank First N ational Bank C ontln’ l B A T r Co 500,000 *346,706 Peri share. 180 188 5,531,652 4.750,000 *3,050,682 74,470,861 *955,959 14,329,459 750.000 800,000 *250,410 6,678,313 839,696 24,551,331 1.500 000 2,800,000 r3,917,379 57,441,154 2,000.000 2,666,231 55,501,625 lo o 1.000,000 r3,917,379 57,441,154 __ 1 0 0 ,0 0 0 150,000 500.000 1 ,0 0 0 0 00 2 0 0 .0 0 0 1,000.000 300.000 46,841 1,024,307 58,726 2,555,619 *437 068 8,183,249 512,612 15,914,358 *12,619 1,466,261 *488,615 12,072,016 *212,593 4,873,128 10 0 10 0 10 0 10 0 10 0 10 0 10 0 10 0 10 0 10 0 too . 238 V5 242 3043^ 310 136 190 305 325 305 Per 155 150 320 230 90 320 223 ehare. 160 160 325 235 10 0 325 235 • Sale price, o Includes one-half share of K ent T itle S. B . A T r . com . stock, x Ex-dlvld end . n Aug 21 1924. r Consolidated statem ent. »Sept. 29 1924. y Last sale (/Preferred. 6 N ew stock, c U nified includes Citz-TJnlon Fid. A C ol. T r . < Includes T r . deposits. » D ec. 26 1924. * D ec. 31 1924. J P riv a te banks, stocks closely held, m In process o f liquidation, d June 30 1924. * N o v . 12 1924. t Stock of C itizens T r . A Sav. Bank held b y C itizen s’ N ational Bank. 58 BANKS AND TBUST COMPANIES Capital. B a n g o r— First N ational Bank Merchants' N a t Bk Eastern T r A B kg Co M errill Tru st C o ___ P o r t la n d — Canal N a t B an k___ Chapman N a t Bank First N atlonal Bank Portland N a t Bank F idelity Tru st C o ._ Casco-M erc’tlle T r . Forest C ity T r C o . Union S D & T r Co U 8 Tru st C o _______ Cross Deposits. $ $ $ 400,000 100,000 175,000 500,000 b 600,000 300,000 600,000 300,000 400,000 500.000 150,000 250,000 200,000 427,083 6 , 470,671 268,723 21352,732 939,895 7 , 559,329 553,273 10, 719,862 590,356 203,245 550,077 902,932 963,757 448,537 42,344 433,300 216,128 3 , 533,615 5 , 061,426 8 , 251,966 9 , 374,794 15, 010,685 10, 130,394 1 , 356,400 2 , 921,946 2 , 955,409 Par. Bid. 280 100 100 100 100 100 100 100 100 100 Per 125 140 132 300 220 160 80 300 155 280 400 320 share 130 150 138 350 240 180 350 165 M A R Y LA N D — National banks A p r. 6; State institutions M a r. 31. B a ltim o r e — Balt C om m ’l B C alvert Bank. 1 750.000 369,296 9,759,676 200,000 o 306,291! 7,340,399 100,000 o 102,172 2,543,526 2,000,000 6,441,746 29,186,025 300,000 e 205,732j 7,105,039 N ation a l B an k.. 600,000 1,055,553 14,787,349 650,000 436,840 6,710,868 100,000 387,896 3,992,350 Merchants N a t B k. 4,000,000 2,702,482 46,004,162 1,500,000 1,235,752 18,875,996 400.000 549,332 3,959,015 400,000 o 311,960 4,183,685 1.000,000 o 948,775 10,526,310 800.000 o 367,690 3,561,364 Park B an k . 5 JO.000 363,147, 3,747,104 100,000 119,460 1,720,577 Western N a t B a n k . 500,000 678^894* 4;758;319 3.500.000 03,851,640 41,421,300 500.000 5/7,045 3,992,876 300.000 178,519 1,932,339 750,-000 o 307,336 2,440,735 1.350,000 ol,799,402 10,579,447 1,250,000 1,350,195 18,842,986 fid e lit y T ru st C o . . 1,000.000 2,249,545 17,253,067 M aryland Tru st C< 1.000,000 d 569,288 10,892,132 Merc Tru st A D ep. 1,500,000 o3,719,437 17,671,178 Safe D ep <k T r C o _ . 1.200,000 3,911,143 16,774,114 200,000 o 231,381 1,266,040 400.000 523,709 8,370,993 750,000 1,011,915 18,223,014 Frederick— | 100,000 745,170 5,924,145 160,000 90,426 2,528,293 125,000 286,047 3,118,6/3 150.000 71,836! 1,999,630 224,033 2,906,574 150,000 275,000 536,383 7,273,096 ' 100 50 100 10 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 50 100 100 25 15 100 50 Per share. 137 118 50^ 107 350 57 120 22 201 200 53 188 14 21 51 .............. 150 22H 215 192 14H 22 37 36 117 120 121 40 57 205 ... 52 215 141 300 285 625 325 300 130 Per share. 750 60 55 20 200 155 MASSACHUSETTS — N a t. banks («* «. Boston) A p r. 6; State insts. A p r. 6. B o s to n — A tlantic Mat B k___ Boston N a t B a n k .. Brotherhood of Loc Eng N a t B a n k .. Oitlsens’ N a t Bank Com m Sec N a t B k. fed era l N a t B k ___ fir s t N ational Bank Merchants’ N a t Bk Mat Rock B k of R o x N at Shawmut Bank N at Union B ank___ lecond N a t B a n k .. Web A A tla s N B k . tm erlcan Tru st Co Bk o f C om A T r C o Beacon Tru st C o . . Boston S D ep A T r Charlestown T r C o Columbia Tru st Co Exchange Tru st Co Jamaica Plain Trust Liberty Tru st C o . . tfassachus’ ts T r Co New Eng Tru st C o . 'Id C olony T r C o . . R vrbury T r u s t____ State St Tru st C o . . (J a Trust C o _____ W nthrop Tru st Co B ev erly — B tverly N a t B an k . B iverly Trust C o . . B ro c k to n — drockton N a t Bank Hom e N a t B an k___ F lym ’ th C o T r C o . C a m b rid g e— Manufac N a t Bank C unbridge T r Co _ cen tra l Tru st Co _ H arvard Tru st Co B ast C a m b rid g e &«ohmere N a t Bank P a ll R iv e r — fa ll R iv e r N a t Bank M&ssasolt-Pocasset N atio n a l B a n k .. M atacom et N a t Bk O arfee Tru st C o ___ SPall R iv e r T r u s t . . . Deposits of Nat. banks date A p r 29 1925 Per share 4 , 500,000 3 , 339,883 85 , 784,000 100 226 229 200.000 80,571 2 , 998,000 100 500,000 750,000 500,000 1, 500,000 20 , 000,000 5 , 000,000 300,000 10, 000,000 1, 000,000 2 , 000,000 1, 000,000 1, 500,000 600,000 1, 000.000 1, 000,000 200,000 100.000 1, 000,000 200,000 750,000 1, 000,000 1 000,000 18 , 000,000 200,000 2 , 000,000 1, 000,000 100,000 100,000 628,873 361,988 1 , 663,612 24 , 041,324 5 , 920,070 810,230 7 , 861,638 1 , 615,839 4 , 266,161 1 , 368,975 2 , 817,612 150,279 1 , 954,544 3 , 793,313 o 20,775 125,154 1 , 026,593 41,763 768,740 821,213 2 , 713,433 12, 184,354 s 24,574 2 , 862,255 o l , 345,659 o 76,494 , 773,456 11, 174,000 5 , 770,000 28 , 087,000 249171000 53 , 912,000 r 8 , 842,692 151538000 14, 208,000 33 , 608,000 11, 54V ,000 24 , 335,692 c 3 , 780,204 C22414 816 16, 976,749 c 3 , 139,090 r 2 , 749,171 c l 6417,878 c 3 , 708,498 c l l 652,355 c 20133,759 22 , 525,101 155448 886 1 , 409,392 41 , 930,465 17, 855,825 2 , 073,158 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 too 100 100 rl 110 125 175 109 310 375 210 385 268 275 175 185 200 210 264 268 105 265 350 375 Per 155 105 Per 175 165J£ 300,000 100,000 o 384,809 41,829 2 , 984,626 1, 202,190 100 100 800,000 500,000 200,000 645,693 8 , 070,633 50/,281 7 , 960,856 89,832 c 3 , 631,818 100 100 100 200,000 o 100,000 o 461,700 400,000 48,000 2 , 430,000 323,162 5 , 049,804 982,029 13, 117,835 815,347 10, 106,401 100,000 157,387 1 , 914,806 100 400,000 556,209 6 , 475,460 100 650,000 500,000 800,000 200,000 658,716 521,191 853,326 93,316 6 , 219,108 4 , 190,448 5 , 881,595 2 , 867,869 100 190 100 122 100 210 100 103 share 160 110 share 100 100 100 100 Fitchburg— flt c h b ’ g B k & T r Co la fe t y Fund N B k . 100 115 170 100 308 320 370 207 202 365 205 375 265 270 460 165 175 185 125 200 125 Per share Per share *225 Per share 150 120 500,000 500,000 574,016 596,155 4 , 333,407 5 , 973,020 100 100 Per share 165 160 173 165 150.000 100,000 2 no,non 211,312 2 , 566,990 114,640 1 , 520,193 255,732 c 4 , 592,021 100 100 100 160 *120 225 Gloucester— Cape Ann N a t B k . Gloucester N a t B k . ninnoea H T TV rtn O Capital. Ask. Per share 100 100 100 100 ol. 120, MASSACHUSETTS— (Concluded) M A IN E — National banks A p r. 6: State institutions Dec. 31, 1924. Surplus <fc Profits. [V Haverhill— Essex N a t B an k___ First N ation a l Bank H a verh ill N a t Bank M errim ack N a t Bk H a verh ill Tru st C o_ H o ly o k e — C ity N ation a l Bank H oly ok e N a t B an k. Park N ation a l Bank H a dley Falls T r Co L a w re n c e — B ay State N a t B k . A rlington Trust Co Lawrence Trust Co M erchants’ T r C o . L o w e ll— A ppleton N a t Bank O la L ow ell N a t B k . Union N a t B an k___ W am eslt N a t Bank L ow ell Trust C o ___ M iddlesex N a t B k . Lynn— Central N a t B an k. M anu fac’rs N a t Bk N ation al C ity Bank State N atlonal Bank Essex Trust C o ____ L yn n S D ep < T C o fc Sagamore Trust Co Security Tru st C o . N ew B e d fo r d — First N ational Bank M erchants’ N a t Bk Safe Depos N a t Bk. Peabody— Warren N a t B an k. S alem — Merchants N a t B k . Naum keag T r C o ._ 8alem Trust C o ___ S p r in g fie ld — Chapin N a t B a n k .. Chicopee N a t Bank Springfield N a t B k . T h ird N a t B an k___ Com m ercial T r C o . Springfield S D < T fc Union Trust C o ___ W est Springfield T r T a u n to n — M achinists’ N a t Bk Brlsto iC ounty T r . W o rc e s te r— Mechanics’ N a t Bk M erchants’ N a t Bk Bancroft Trust C o . W orcester Bk T r Go Surplus A Profits. Cross Deposits. $ $ $ P a r. 100,000 200 000 200,000 240^000 200.000 301,233 2 , 938,206 275,661 3 , 419,787 759,951 3 , 019,760 348,868 i ; 918;961 137,819 c 3 , 506,428 100 100 100 100 100 500,000 o 400,000 100,000 o 500,000 351,795 4 , 355,963 200,085 8 , 095,128 100,701 1 , 720,044 380,112 c 9 , 211,877 100 100 100 100 600,000 200,000 o 200,000 300,000 298,566 4 , 963,668 185,645 6 , 969,072 304,419 9 , 935,156 190,000 c 8 , 065,208 100 100 100 100 300,000 200,000 350,000 250,000 240,000 200,000 316,312 334,877 944,033 182,327 110,219 160,198 1 , 631,183 5 , 045,593 4 , 466,492 680,901 3 , 412,238 4 , 572,480 100 100 100 100 100 100 200,000 200,000 300.000 200,000 250,000 100,000 125,000 200,000 586,042 6 , 096,689 292,816 4 , 691,205 317,695 5 , 588,291 37,409 1 , 640,534 460,244 2 , 890,918 473,705 4 , 639,787 20,834 c l , 440,998 361,392 c 8 , 298,213 100 100 100 100 100 100 100 100 500,000 1 . 000,000 500,000 880,596 11 , 539,901 1 , 891,753 8 , 512,037 822,566 7 , 834,730 100 100 100 200.000 238,451 2 , 653,729 100 200,000 250,000 200,000 o 314,799 430,929 53,289 3 , 852,619 6 , 049,008 2 , 318,013 80 100 100 577,000 7 , 744,960 964,980 10 , 947,881 1 , 098,237 12 , 570,499 1 , 822 , 214116, 689,664 169,460 3 , 706,670 1 , 612,684 9 , 563,686 1 , 739,637 13 , 489,286 111,547 1 , 836,399 100 100 100 100 100 100 100 1 , 569,021 4 i 237;600 Bid. Ash. Per share 150 180 150 115 140 148 140 160 Per 190 145 145 185 Per 125 share. 195 150 190 share 130 128 255 250 115 112 115 110 150 Per share. 255 150 160 90 195 370 94 225 Per share. 295 290 280 290 280 Per share. 120 120 Per share. 87 87 173 175 100 ___ 100 100 500,000 500,000 500,000 1 . 000,000 350,000 500,000 300 000 150,000 200 000 e 3o6;66 o 400,000 1 . 500,000 300,000 1 . 500.000 225 804 199’,610 656,997 15, 521,272 1 , 178,398 24 , 217,863 83,337 2 , 527,206 1 , 970,640 33 , 812,227 160 240 264 295 130 145 355 485 110 Per share. 120 Per share. 100 225 200 100 190 125 100 100 225 M IC H I G A N — National banks A p r. 6; State institutions A p r. 6. Per B ay C ity — Bay C ity B an k____ 350,000 275,553 5 , 028,335 100 170 150,000 o 181,925 6 , 189,290 100 Farm ers’ St Sav B k 100,000 o 75,000 1 , 400,000 100 150 300,000 o 390,747 7 , 273,857 100 People’ s Commercial A Sav B an k. 802,412 10, 947,909 100 225 400,000 Per D e tr o it— A m er State B a n k .. 1, 500,000 o 545,120 C25147 267 100 190 Bank of D e tro it___ 2 . 000,000 813,145 C39482 411 100 160 C entral Savgs Bank 1 , 000,000 852,529 C29989 606 inn 300 Com m ercial St 8 B k 1, 000,000 215,268 c 7 , 148,228 100 115 C om ’wealth Federal Savings B an k___ 750,000 o 239,180 c l l 289 562 100 138 C ontinental Bank. 700,000 o 40,000 c 2 , 812,729 100 D etroit Sav B a n k .. 1, 500,000 2 , 447,115 C34813 713 100 295 D im e Savings Bank 1, 500,000 3 , 155,827 C57199 603 100 313 First N ational Bank 5 , 000,000 5 , 942,634 97 , 911,966 100 300 First State Bank . 2 , 500.000 874,268 C17665 329 100 136 H tghl’d P k State Bk 1 , 000,000 o l , 353,092 c 24548 548 100 260 2 non non 1 730 Q03 28 435 509 100 212 M ich St Bk o f D e f t 250 000 53^557 3 ^244,164 100 N a t Bk of Com m 'ce 2 , 000,000 2 , 859,231 55 , 144,159 100 Peninsular State Bk 2 , 500,000 o l , 877,377 C39081 674 100 217 People’ s State Bank 5 , 000,000 10 , 918,487 C136619539 100 445 U nited Savings Bk. 750,000 o 395,193 c l l 379 940 100 225 W a y n eC oH oS a v B k 4 , 000,000 8 , 172,235 C93210 101 100 410 Am er Trust C o ____ 500,000 115,503 f f l , 654,651 100 105 g 46,292 100 443,576 500 000 D etroit Trust C o . . 2,0001000 5 , 052,087 315181 075 100 345 223,882 32 , 532,506 100 500 000 G uaranty Tru st Co 330,997 824,619 100 195 300,000 Security Tru st C o . 1 , 000,000 2 , 080,057 37 , 788,523 100 345 Union Tru st C o ___ 2 . 000,000 1 , 566,169 318532 547 100 260 Per G ra n d R a p id s — 300,000 Fourth N a t B a n k .. 425,151 4 , 682,444 100 215 G r Rap N a t Bank. 1 . 000,000 640,487 11, 652,420 100 140 G r Rapids Sav B k . 578,900 C19877 406 100 260 500,000 86,452 c 3 , 489,601 100 150 H om e State Bk for 8 250.000 K en t State B a n k .. 1 , 000,000 814,898 c 20243,328 100 200 Old N ational Bank. 800,000 1 , 240,481 12 , 551,125 100 220 3403,636 100 218 298,396 Grand R ap T r C o . . 300,000 708,613 31 , 017,398 100 198 M ichigan Tru st C o. 1 , 000,000 Per S a g in a w — Bank of S a g in a w .. 1 , 000,000 1 , 079,316 16 , 849,995 100 215 228,549 c 4 , 727,132 100 225 Am er State B a n k .. 200,000 100,000 124,281 c 2 , 572,203 100 225 People’ s Sav B an k. Second N a t B a n k .. 1 , 250.000 1 , 620,641 13, 420,705 100 235 M IN N E S O T A — National banks D iiu tn — $ A m er Exch N a t Bk 2,000,000 200,000 Bk of C om ’ ce A Sav C ity N ational Bank 500,000 Duluth N a t B a n k .. 200,000 First N ational Bank 2,000,000 M innesota N a t Bk 600,000 N 'ith ern N a t Bank 1,000,000 M in n e a p o lis — 800,000 Bankers N a t B ankFirst N ational Bank 5,500,000 500.000 H ea n e p ln C o S a vB k 200.000 M arqu ette N a t B k . shat, 200 175 300 shari 192 167 305 120 140 100 305 265 302 _ _ _ 445 200 share. __ share. 220 235 235 240 A p r. 6; State institutions A p r. 6. Per share. $ 1 1 , 363,053 14 , 681,278 100 180 o 43,439 911,480 100 105 110 516,228 5 , 350,046 100 210 o 78,836 1 , 611,501 100 145 2 , 206,740 19 , 295,173 100 225 3 , 800,687 6 , 189,293 100 100 111,382 1 , 885,975 5 , 376,705 92 , 534,015 249,504 10 , 583,574 o 33,000 1 , 000,000 100 100 100 100 152,248 469,357 o 135 190 Per share 245 250 250 • S a le price, b Sept 30 1924. t E x-dividend. * Last sale < N e w stock issued g Includes trust deposits o D ec. 31 1924. c includes savings deposits. dOct. 2 1924 t June 30 1924 » Sent. 14 1923 f Ex-rights, r A p ril 6 1925. it N om in a l, t D efalcation $70,000. e O ct. 10, 1924. » Stock practically all held b y Union Safe D ep osit < Tru st C o. fc M at , 1925.] M IN N E S O T A BAHK8 (C o n c l.)— N a t . banks A p r . C a p ita l. M in n ea p o lis (Co M ercantile State Bk M ercb& M frs St Bk M atron N a t B an k. M idland N a t Bank M i ineapolls T r C o . N orthwest N a t B k . Union State B an k. M arquette T r C o . . M inn L ’n & T r Co n .) $ 6; S u r p l u s dk P r o fits . $ 250.00C r56,238 100.00C 27,119 500,00C 0214,443 1.000.00C 668,071 1.000.00C r l , 118,509 4.000,000 02,686,818 100.00C 73,736 200,000 60,405 1 .0 0 0.0 0 c 1,477,193 AND S ta te i n s t i t u t i o n s C ro s s D e p o s its . % 1,929,136 1,458,248 8,628,988 19,551,595 9,109,433 81,645,071 1,837,852 1,710,756 12,299,646 P a r. A p r. B id . TBUST A sk. Per 100 95 100 100 135 100 175 100 100 230 100 100 100 S t. P a u l— Per American N a t Bank 400,000 206,976 10,450,798 100 150 First N ational Bank 3,000,000 3,611,442 57,440,176 100 Merchants’ N a t Bk 2,000,000 2,216,069 44,306,412 100 225 N a t Exchange Bank 300,000 172,751 5,492,920 100 90 St Paul State B k ._ 100,000 53,513 1,485,098 100 90 Payne A v e State Bk 120,000 85 41,314 1,042,425 100 Mock Yards N a t Bk 350,000 094,838 4,481,603 100 100 T w in Cities N a t Bk 200,000 44,387 823,727 100 100 tlerch T r & Sav Bk 500.000 r442,619 6,894,159 100 C entral Trust C o . 200,000 44,452 2,081,188 100 90 Northwestern Trust 1,000,000 336,626 2,529,904 100 M IS S IS S IP P I — N a t i o n a l b a n k s A p r . 6; S ta te i n s t i t u t i o n s A p r . 6. J a ck s on — Per Capital N a t B an k. 200.000 337,509 4,044,020 100 First N ational Bank 200.000 339,840 2,726,832 100 Jackson-State N Bk 200,000 115,737 2,297,944 March Bk & T r C o . 250,000 516,048 7,081,224 V ic k s b u rg — % Per Amer Bank & T r Co 1.30,000 25 025,612 1,380,685 25 Citizens’ N a t Bank 100,000 054,021 389,450 100 105 First N ation a l Bank 300,000 253,492 2,821,089 100 165 Merchants’ N a t Bk 250,000 302,258 1,910,652 100 225 N a t C ity Sav Bk & Tru st C o ________ 100,000 89,078 2,742,234 100 210 N a t Paop S Bk A T r ion. non 151,066 2,214,284 100 215 M IS S O U R I— N a t i o n a l b a n k s A p r . 6; S ta te i n s t i t u t i o n s A p r . 6. tvansas C it y — Per Gity Bank 0 1 is. u . . 100.000 298,913 6,212,820 100 350 Columbia N a t Bank 200,000 73,811 3,417,367 100 lib e r ty N a t B ank. 300.000 0175,010 7,620,629 100 135 Drovers’ N a t Bank 1,000.000 171,662 11,864,468 100 First N ation a l Bank 1.000.000 3,502,296 50,968,928 100 600 Jate C ity N a t B k . 200.000 102,501 4,387,091 100 190 Interstate N a t B k . 500.000 1,050,454 10,360,289 100 350 Linwood State B k . 100,000 19,897 1,044,403 100 100 Main St State Bk 100,000 50,415 1,855,377 100 125 M erchants’ B a n k .. 200,000 90,725 2,852,530 100 200 M etropolitan Bank. 100,000 109,262 3,211,300 100 168 Missouri Sav A s Bk 100,000 150,000 4,302,813 100 1000 Mutual B an k. 100.000 43,123 1,903,409 100 125 New Eng N B k & T r 1.000,000 523,354 16,572,908 100 150 Produce Exch Bank 100,000 120,696 2,129,071 100 300 Traders’ N a t B an k. 200,000 126,626 5,295,488 100 200 Ito ck Y d s N a t B k . 300.000 0170,492 4,041,141 100 220 Union State B an k. 150.000 55,524 1,636,438 100 125 Western Exch Bank 250,000 173,020 3,269,588 100 20J Westport A v e Bank 100,000 67,046 1,624,125 100 175 Commerce T r C o . . 8,000,000 2,359,071 95,250,207 100 198 Federal Tru st C o .. 200,000 46,466 2,414.004 100 100 fid e lity N Bk & T r 2,000.000 750,138 28.630,181 100 168 Home Trust C o ____ 300,000 128,492 6,330,035 100 165 Mercantile T r C o . . 200,000 131,170 2,364,470 lOt, 350 '’eoples Trust C o ._ 500,000 88,595 6,436,480 100 175 PIjn eer Trust C o . . 267,500 0392,303 3,279,589 100 270 F 1 ie lity Savs T r C o 250.000 236,917 5,067,757 100 W alton Trust C o__ 250,000 0250,936 1,910,461 100 200 8t. J os ep h — Per nerican N a t Bank 200.000 0325,000 9,600,000 100 350 B jrnes N a t B a n k .. 200,000 173,027 4,545,819 100 rat N ation al Bank 500,000 479,651 7,371,919 100 175 St Jos Stk Y d s B k . 350,000 0176,663 4,830,376 100 fjo tle - L a c y N B k . 200.000 228,011 7,835,380 100 B artlett Trust C o . . 100,000 0184,815 3,722,002 100 200 Buchanan C o T r C o 100,000 03,519 932,738 100 Empire Tru st C o ._ 200,000 055,135 2,407,348 100 150 F i st Tru st C o ____ 100,000 i77,341 2,715,802 100 175 M ssouri Val T r C o 100.000 0103,233 1,736,471 100 175 St. L o u is — Per B a ie n B a n k . . ___ 200.000 0134,000 2,100,000 100 B tatmen’s B an k___ 2,000.000 1,164,618 25,288,349 100 143 Bremen B an k___ 200.000 0811,338 5,984,342 100 420 Cass Avenue B a "k 200 000 ©230,394 4,226,940 100 260 C herokee N a t. B k . 200,000 100 *125 050,000 First ' •■ ionai Bank 10 000,000 6,781,126 136779083 100 208 Franklin H an k... 1.000,000 396,935 12,132,578 100 140 Grand a B a nk. . 200.000 104,376 2,940,413 100 200 lu tem a t Bank St L 1.000,000 261,550 8,472,865 100 140 Jefferson B an k____ 200,000 241,741 4,258,215 100 247 Jeff-Gravois B ank. 200.000 0159,295 3,812,892 100 180 La fa yette So Side Bk 1.000.000 1,128,703 23,229,385 100 320 Low ell B a n k _____ 200,000 0147,223 3,489,246 100 150 Manchester B an k. _ 500.000 181,562 5,308,778 100 18714 Merch Laclede N a t 1.700.000 1,871,375 22.860,138 1 0 0 270 Missouri N a t Bank. 200.000 019,239 1,945,434 100 140 'J'vt Bank of Com m 10,000.000 4,173,308 75.432,561 100 147 N ation a l C ity Bank 1,000,000 360,419 15,198,119 12214 S c ru g g s . V a n d e rvo ort Barney B k. 200,000 84,008 2,123,437 100 Sec. N . B . S .T r.C o . 250,000 50,000 5,771,988 100 15714 aouth’n C om & Sav 200.000 0121,710 3,365,927 100 175 St Louis N a t B ank. 200,000 046,309 2,340.724 100 110 Vtate N ational Bank 2.000,000 1,145,618 18,556,629 100 175 T o w e r G ro ve Bank 400,000 142,305 7,306,654 100 210 T w elfth St N a t B k. 300,000 130 060,000 1,310,603 United States Bank 1,000,000 563,518 9,401,545 io o 125 W ater T o w e r Bank 200,000 089,416 1,266,527 100 140 American Tru st Co 1,000,000 553,365 16,201,231 100 160 B’ w ay 8a v T r C o . . 200,000 091,786 1,966,696 100 125 Chouteau Tru st Co 200,000 e lll,8 6 3 1,542,000 100 150 C ity T ru st C o ___ __ 200,000 e98,451 1,633,172 100 110 200,000 41,137 1,691,737 100 135 O aaton-TaylorTrC o F ir m & M e r T r C o . 400,000 0189,343 5,186,464 100 190 Laclede T ru st C o . . 200,000 85,188 1,854,100 100 140 L ib e rty C en t T r Co 3,000,000 598,243 37,726,537 100 90 M ercantile T r C o . . 3,000.000 7,581,185 67,032,317 100 396 M iss V a il T ru st C o . 3,000,000 4,325,775 32,987,819 100 275 M ound C ity T r C o . 200,000 067,413 1,817,695 100 135 N o r St Louis T r Co 200,000 76,485 2,944,999 100 140 500,000 0732,918 8,565,086 100 180 N ortn w est’n T r C o Savings Tru st C o . . 200,000 093,494 2,678,596 100 150 •oath Side T r C o ._ 200,000 112,427 2,666,118 100 180 W ebster G roves T r 100,000 78,291 1,351,335 160 f « l St T. Tru st C o 900 000 0120,925 2,894,392 Ton 150 COM PA N U S 59 6. 1 105 175 142 180 240 200 200 160 230 100 120 110 115 110 100 sh a re. 25 165 225 210 C a p ita l. S u r p l u s dk P r o fits . C ro s s D e p o s its . Par.j B id . Ask. B u tti P e r share % $ Firat N ation a l Bank 694 876 10,762,731 300.000 M in ers S B k & T r Co 200.000 079 463 1,277,163 M eta ls Bk & T r Co ff339, 528 12,391,694 100 400.000 H e le n a — Am erican N a t Bank 243,,221 3,909,923 100 200.000 N a t Bk o f M ontana 146,,278 2,828,500 100 250.000 M ontana T r & S Bk 122, 512 1,876,554 100 150.000 U nion Bk & T r C o . 284 015 2,939,720 100 250.000 N E B R A S K A — N a t i o n a l b a n k s A p r . j , 6; S ta te i n s t i t u t i o n s M a r . 31. L in c o ln P e r s h a re . C entral N a t B a n k . 200,000 160 122 3,744,770 100 1170 C ity N ation a l Bank 100 500.000 103 883 3,534,833 First N ation a l Bank 525.000 559 418 10,144,998 100 N a t Bk o f C om m ’ ce 300.000 254 939 5,338,584 100 Lincoln S ta teN a t Bk 22 961 2,726,495 100 135 200.000 O m aha— First N ation al Bank 1.250.000 994. 969 111,888 100 195 210 L iv e Stock N a t B k . 96, 680 650.000 588,893 100 95 75 M erchants’ N a t Bk 1,000,000 668 095 080,765 100 140 Omaha N a t B a n k .. 1,000,000 1,152 898 ,175,313 100 250 300 Packers N a t Bank. 200.000 109 474 ,946,180 100 175 200 Peters N a t Bank ._ 200,000 101 078 150 ,445,510 100 130 Stock Y d s N a t B k . 687. 042 ,258,216 100 150 750.000 175 State B an k________ 153 305 300.000 ,576,181 100 180 195 IT S N ation a l Bank 1.100.000 781, 832 200 549,536 lo o 185 N E W H A M P S H IR E — N a t i o n a l B a n k s A p r . 6; S ta te i n s t i t u t i o n s D e c . 31. M a n c h es te r— Per Amoskeag N a t B k . 200,000 693,297 3,888,425 100 350 First N atTod al B ank 252,484 1,825,784 100 200 150.000 Manchester N a t Bk 150.000 373,276 2,576,080 100 250 M erchants N a t B k . 150.000 71,968 1,709,788 100 150 N ash u a — C ity Guar Sav B k . 120 •200,000 50,000 3,208,309 100 100 Indian Head N atB k 100.000 255 285,295 3,170,400 100 Nashua Trust C o . . 190 200,000 297,592 4,357,827 100 170 Second N a t of Nash 210 150.000 253,245 3,605,767 100 200 P ortsm outh— s h a re . 100 100 650 210 400 115 175 135 150 225 200 201 115 172 280 200 sh a re . 1200 200 350 160 200 200 sh a re. 145 275 210 145 150 190 160 195 150 148 124 185 120 180 132 150 135 155 125 155 150 100 398 277 J4 145 190 190 175 160 First N a t B a n k ___ N a t M e c & T r a .B k N ew Ham p Nat Bk 150.000 100.000 100,000 0102,493 053,000 138,563 1,608,031 816,000 852,666 N E W J E R S E Y — N a t i o n a l h a n k s A p r . 6; S ta te i n s t i t u t i o n s A p r . 6 A sb u ry P a rk — Asb Pk & Oc G r Bk 400.00C 630,639 5,855,374 M erchants N a t B k . 100,000 64,505 1,779,740 Asbury Park T r Co 150.000 0174,707 3,177,170 Seacoast Tru st Co 175.000 '332,178 3^779,882 A t la n t ic C ity — A tla n ticC ity N a tB k 200.000 968,882 8,033,022 Boardwalk N at Bk 400,000 0741,335 2,196,559 Chelsea N a t B ank. 200.000 '566,043 5j302,422 Second N a t Bank . 250.000 0194,688 5,886,987 U nion N a t B a n k .. 100 000 0228,00 1 2ill2 ,4 0 8 A tla n tic Co T r C o . 100,000 0125,945 2,829,858 A tlan tic S D& T rC o 300.000 0514,905 6,118,836 Bankers Trust C o ._ 100,000 0128,576 2,217,553 Chelsea Safe D & T r 100,000 94,200 1,541,080 Guarantee Trust Co 600.000 706,672 5,653,490 E qu itable Trust Co 200.000 334,943 4,035,858 M arin e Trust C o . . 200.000 0420,242 4,529,138 B ayon ne— Bayonne Trust C o . 300.00C 0300,227 7,308,205 M echanics’ T r C o . . 500,000 0508,473 9,509,285 B r id g e to n — B ridgeton N a t B k . 100.000 0289,786 2,397,609 Cumberland N a tB k 150.000 698,698 2,695,405 Farm & M er N a tB k 150.000 0161,295 1,343,562 Cum berland T r C o . 150,000 0215,974 1,649,738 C a m d en — Cam den N a t B an k. 100,000 556,511 5,591,883 First N a t State B k . 1,000.000 1,318,891 17,164,640 Cam den S D & T Co 500.000 1,327,862 11,792,497 B roadw ay Tru st Co 250,000 385,929 4,725,060 Central Trust C o . . 100.000 0467,293 3,427,104 East End T r C o ___ 100,000 0108,071 1,787,260 M erchants’ T r C o 200.000 0195,570 3,528,559 Parkside Tru st C o . 100.000 0201,601 2,597,717 Security Tru st C o . 446,166 4,246,509 100.000 W est Jersey T r C o , 200,000 0460,703 3,932,027 E a st O r a n g e — Am pere B an k_____ 100,000 021,993 929,959 East Orange Bank. 250.000 0165,245 3,568,763 Sav In v & Trust Co 500.000 0566,783 14,171,827 Essex C ou nty T rC o 500,000 415,353 8,418,602 E liz a b e t h — Eltzabethport B Co 250.000 364,169 5,506,527 700 000 N ation al State B k . 956,220 11,187,132 Peoples N a t B an k. 200 000 132,489 2,871,010 Cent H om e T r C o . 200,000 065,577 2,388,396 500,000 0299,000 3,350,000 E lizabeth Trust Co U nion C o Tru st Co 400,000 668,670 11,291,031 H oboken— First N ational Bank 500.000 1,140,761 11,595,942 700,000 Second N a t B a n k .. 266,594 7,091,224 Columbia Trust Co 98,652 1,678,597 100,000 200,000 0278,327 4,858,583 H oboken Trust C o . Hudson Tru st C o ._ 1 .0 0 0 , 0 0 0 1,858,039 30,751,670 305,566 6,709,654 Jefferson Tru st C o . 400,000 518,171 8,082,875 Steneck Trust C o . 600,000 J ersey C ity — 250,000 78,077 1,874,495 Bergen N a t ’l Bank 200.000 0375,402 8,590,534 C larem ont Bank___ First N ational Bank 1,000.000 1,676,084 13,750,152 Franklin N a t Bank 200,000 81.446 1,640,253 202,086 4,873,115 M erchants’ N a t Bk 250.000 Com m ercial T r N J 2,000 000 2,451,827 42,635,550 200,000 0339,349 6,745,605 G reenv Bk & T r Co Lincoln Trust C o . . 600.000 0578,170 5,940,661 275,000 9,208,343 M ercantile T r C o . . 200,000 N J T Gu & T r C o . 1,300,000 01,164,637 24,650,132 Tru st C o o f N J ___ 2,509,000 02,958,125 49,717,140 Union T r& Hudson 750.000 1,125,833 18,721,442 Co N a t Bk .. . . 70,407 1,230,825 200,000 W est Bergen T r Co L o n g B ra n c h — 100,000 0234,000 2,060,000 C itizen s’ N a t Bank 150,000 0155,536 2,064,892 Lon g Branch Bkg Co M o rr is to w n — 200,000 363,754 3,497,957 First N ation al Bank 200,000 191,267 4,888,001 N ation a l Iron Bank 123,013 1,682,499 150,000 Am erican Tru st Co 600,000 938,124 8,325,756 M orristow n T r C o . M t. H o lly — 92,937 746,743 100.000 M t H o lly N a t Bank Per 100 100 100 s h a te . 500 100 100 100 263 lou 100 50 215 120 100 *415 100 550 100 235 100 310 Per 100 100 25 100 25 100 100 100 100 100 550 235 310 sh a re. *400 *300 *12 2^ *252 *106 *200 *250 *250 *500 *425 100 100 185 100 260 100 300 Per s h a re . 100 225 50 120 100 160 100 150 100 175 100 400 Per 25 100 100 100 100 100 100 sh ort 95^ 150 200 170 250 300 410 200 225 250 Per 100 130 100 250 100 194 100 135 100 240 100 320 100 275 100 170 100 385 100 380 100 360 100 100 350 125 100 50 325 200 100 50 100 100 38 136 200 200 400 1240 1100 1140 1230 25 share. Per Per 128 220 short share 40 • Sale price, e Nominal quotations 0 Amount paid in. k N ew stock. * Ex-dividend. y Capital to be increased. a Including Fidelity Say. & Tr. stock. I Last sale, r M a r. 20 1925. • Guaranty Fund, a Includes M inn. L . & T r. stock. b Includes Minneapolis Trust Co. t Includes Merch. T r. & Sav. Bank. } Approximate price. » D o no commercial banking, d M arch 31 1924, e Oct. 10 1924, g Dec, 31 1924. N B W J E R S E Y — (C o n c lu d e d ) Capital. A Surplus Profits. M t .H o lly (Concl. ) % 5 Union N a t B a n k .. 209,058 1 0 0 .0 0 0 Farm ers’ Trust C o 2 0 0 .0 0 0 124,957 M tH o lly S D & T i . 1 0 0 ,0 0 0 173,248 N ew a rk — American N a t Bank 300,000 e475,386 B r’d A M arket N B 2 0 0 0 00 e526.485 C it N B k & T r Co 2 0 0 ,0 0 0 e l 2 0 ,0 0 0 Lincoln N a t Bank el51.140 300,000 M et A M fT’ s N b 1,350,000 e l , 792,606 el97,937 2 0 0 ,0 0 0 N a tN ew a rk A Essex Banking C o . 2,300,000 e l, 507,530 500 000 1,015,981 N orth W ard N a t B 400 000 e772,396 C ity Tru st C o e305,753 20 0 000 2 0 0 0 00 e589,832 2 500 000 e l , 512,859 F idelity Union T r Co 9 250 000 4,821,875 721 029 500 0 00 L ib erty Tru st C o . e l 11,273 aoo!ooo N ew ark Trust C'o 20 0 0 O O e97,076 So Side N B A T C o 2 0 0 ,0 0 0 e60,000 Spr’g f’ld A v e T i Co e389,750 2 0 0 .0 0 0 Vailsburg Trust Co e77,083 2 0 0 ,0 0 0 393,606 W ashington T i Co_ 300 000 el5 1 ,063 W eequahicTrust Co 2 0 0 .0 0 0 e754,391 W est Side Trust Co 600.000 N e w B ru n sw ick C itiz N a t B k o f N B 250,000 e50,000 e896,450 N a t Bank o f N J_ 500,000 284,344 P eople’s N a t Bank 2 0 0 000 elO l ,712 1 0 0 ,0 0 0 M Jd dlesexTG A TC o 354,019 300^000 P a ssa ic— 1 0 0 ,0 0 0 124,178 1 50(1 000 1,960,493 C ity Tru st C o ____ e220,410 2 0 0 ,0 0 0 330,712 H ob art Tru st C o 1 0 0 ,0 0 0 400 000 e894,164 e231,326 Service Tru st Co 400,000 P a te r s o n — non non e850,847 Paterson N a t Bank i ,2oo !ooo 1,054,768 956,309 Second N a t B an k . 750,000 e332,244 N a t Bank c f A m er. 500,000 1 .0 0 0 .0 0 0 e l , 703,185 Paterson 8av Inst. 690,617 500 000 e368,651 Franklin Tru st Co. 150^000 e550,824 H am ilton Tru st Co 600.000 U S Tru st Co 350,000 1,340,224 C ity N ation al Bank First N ational Bank 150,000 2 0 0 .0 0 0 609 300 State Tru st C o . .. T re n to n — Capital C ity T r C o. First N ational Bank H anover Trust. Co Trenton Bank’g Co M ercer Tru st C o! W ilb u r Trust C o . 11 1 0 0 ,0 0 0 250.000 150,000 500.000 20 0 000 i noo non 750 000 1 0 0 ,0 0 0 2 0 0 .0 0 0 7 5 0 noo 1 0 0 ,0 0 0 Cross Deposits. $ 1,398,279 1,110,563 680,043 \ Par. 50 10 0 10 0 Bid. Per share. 135 ISO 12 0 125 135 150 15,002,255 8,542,414 500,000 1,656,764 16,458,536 2,270,616 10 0 400 10 0 400 lOQi 160 32,718,524 7,311,908 11,960,927 4,282,471 8,059,840 20,859,689 73,681,333 13.747.633 2,561,968 2,237,026 7,245,800 1,395,868 3,199,789 2,702,101 9,188,865 10 0 10 0 10 0 10 0 10 0 10 0 10 0 10 0 10 0 10 0 10 0 10 0 10 0 10 0 10 0 10 0 861,241 13,752,420 3,676,938 1,990,405 5,101,071 10 0 10 0 10 0 10 0 10 0 1,865,724 21,617,048 4,144,276 3,721,329 9,552,437 1,372,418 10 0 10 0 10 0 10 0 10 0 10 0 10 0 10 0 10 0 7,586,606 13,461,692 11,554,103 3,349,840 22,151,234 8,956,485 3,286,236 9,340,117 17,447,298 10 0 10 0 10 0 10 0 346,877 6,590,169 343,030 5,680,316 833,973 11,939,697 154,665 3,501,797 10 0 10 0 10 0 10 0 875,460 9,613,485 el35,436 1,035,555 1,124,041 14,311,544 e l l 6 , 1 1 0 3,184,557 1 609 601 17 044 839 1,334,246 11,401,795 el58.922 3,358,598 490,918 6!262!979 1,119,176 11,604,227 e36,957> 1,665,888 10 0 10 0 10 0 10 0 10 0 10 0 50 10 0 25 50 50 10 0 10 0 10 0 10 0 share. 350 275 195 share. 260 225 320 1200 1230 1225 180 400 20 0 350 185 260 175 225 275 225 155 share 175 240 550 2.245.000 10.302.180 3.201.228 33,737,570 31,697,666 13,539,150 361,660 190,836 d373,278 3,405,614 3,998,139 6,333,654 Per _____ 1 2 1 0 lo o _____ 1 125 10 0 300 78,414 450,482 511,891 475,884 2,243,830 6.454,852 8,814,575 7,592,871 10 0 10 0 10 0 10 0 A u b u rn — C ayuga C o N a t Bk N a t B k o f A uburn. Auburn Tru st C o . . 2 0 0 ,0 0 0 2 0 0 ,0 0 0 B in g h a m to n — Citizens B an k_____ C ity N ational Bank First N ational Bank People’s Tru st C o . . 2 0 0 ,0 0 0 150.000 130,000 400,000 800,000 B r o o k ly n — State Bank A Tru st Co. retur N at. banks A p r. 6 . 2 0 0 .0 0 0 184,000 97.500 2 0 0 ,0 0 0 500,000 1.147.400 400,000 227.600 200,000 438,900 2 0 0 0 .0 0 0 2,949,418 200.077 200,00C 400,000 398,100 1,000,000 1,765,900 200,001 426,200 rl92,000 200,000 1,500,00c 4,035,032 500,00C 4,571,900 5.000.00C 5,602,300 392.253 700,00C 1,600.000 4,219,236 Bank o f C oney Is l’d Bush wick N a t Bank First N ational Bank G lobe Exchange Bk Greenpoint N a t Bk M echanics’ B a n k .. M on ta u kB an k . . M unicipal B an k. _. Nassau'N at B a n k .. People’s N a t Bank. W est E nd B a n k ... Brooklyn Tru st Co K in gs Co Tru st Co M anu fact’rs’ T r Co M id w o od Tru st Co People’s Tru st C o . B u ffa lo — Liberty B an k ____ 2.000.00C 2,974,503 M anuf A T ra d N at 2.000.00C 2,607,097 People’s Bank 1 .0 0 0 0 0 C 1 .128.706 *196 366 Com -Sa Side N Ek 300 000 Buffalo Trust C o 2,ooo !ooo 2,322,665 F idelity Tru st Co 1 000.O C 1,900,287 O M arine Tru st C o .. 11,250,000 14,346,800 E lm ira — M erchants’ N a t Bk Second N a t B a n k .. Chemung Can T Co Per 150 230 500 360 230 225 250.000 400,O C O 600.000 236,366 880,874 838,663 4,434,200 1 .956.600 15.839.200 3,560,700 3,593,000 44,345,168 4.797.453 161563,500 18,426,000 8,282,900 4,602,500 53,347,148 30,469,100 119441000 5.974.693 60,094,877 240 235 10 0 ns date M a r 25; 10 0 Per share. 130 300 20 0 205 160 170 12 0 275 Per •liars. 195 166 450 50 100 100 100 100 100 100 100 200 225 200 320 275 170 710 2200 100 355 100 140 100 660 2 0 0 ,0 0 0 20 0 001 150 0 0 ( 77.000 1 0 0 ,0 0 0 971.392 ouo.'uuu 250,000 d l. 216.379 1.250,000 3,201,053 1,250,000 e2,268,263 400,000 d686,204 10 0 10 0 10 0 10 0 10 0 10 0 - Deposit i 2 1925 anoM ar. 25 trust com, our “ Ry J '794,700 6,500.(Hit 450 00( Bank of M anhat Cc io ooo’ oor Bank of IT S_ _ _ _ 3 000 00( Per share. 420 410 280 290 220 230 195 20 0 140 150 3fi0 350 315 280 290 550 175 N ew Y o r k C lt* are of date May ’ 25 for Nationul of banks and may be found it. Am er Union Bank Bank of A m erica. 20 0 450 320 Capital. A m alg Bk of N Y 310 175 305 300 450 325 300 420 425 490 160 250 125 400 150 300 250 475 Per 125 325 265 175 270 Per N E W Y O R K — (C o n t in u e d ) Ask. H B W Y O R K — National banka ( except New York City) A p r. 6 ; A lb a n y — C entral B an k . fir s t N atioiiui Bank M ech A Farm ers. N a tC o m rB k A T rC o N Y State N a t B k . A lb a n y Tru st C o . [V ol. 120. BANKS AND TRUST COMPANIES 60 730 2400 362 685 52,409,036 49,845,168 24.812.592 5.856'143 51,471,185 24,880,214 142168 273 10C 10C 10C 100 100 10C 100 Per 320 279 255 225 380 315 288 3,114,379 8,119,327 8,712,726 10C 10C 100 Per share. 210 290 250 share 335 285 395 325 293 8urplu* Profit* Cross Deposits N . Y. City Surplus an ’ 25 for St at antes in N and In d .” $ 136,500 8,383,400 279,400 5,243,158 435,242 14,303,751 1,470,239 512,700 791,901 906,146 151,132 585,900 222.800 banks are d profits ar e banks. A ew York Ci Sec., page $ 95,092,600 102740000 95.078,900 96,696,000 99,130,346 144286000 ♦ 8,484,000 9752,226 4,783,000 g5,936,520 96,310,600 ^6,222,600 92,182,322 519931700 380590000 9 12490367 r«p. of Ai • V a* 224. 10 0 10 0 10 0 10 0 Bid C ity Bank Trust Cc L ib erty N a t Bank M erchants’ N a t Bk Salt Springs N a t Bk T h ird N a t Bank - First T r A D ep Co Syracuse Tru st Co 2,500,000 200,001 300,001 800.001 300,001 2.500,001 1,500,001 1,294,369 26,278,189 e92,946 2,698,384 396,950 5,773,967 466,670 5,933,888 277,905 3,309,872 1,922,698 44,330,230 1,234,979 33,723,161 Aek. rted ne date A p r. 6 dend r> c o r d d Bro 1 l l y n Per share 375 143_ _ 150 302 298 50 172 10 0 10 0 175 206 300 200 250 00< 10 0 550 300 0 0 ( 170 10 0 10 0 250 150 oor 145 Bronx N a t Bank. 10 0 3oo!oo< 160 2 1 0 ,1 0 0 10 0 20 0 00( 190 C apitol N a t Bank 816,500 10 0 2 ,0 0 0 ,0 0 1 10 0 408 Chase N a t B ank. _ 2 0 .0 0 0 ,0 0 1 26,015,000 978,800 Cent M ercantile Bk 1,500.00* 10 0 270 Chatham A Phenh N a t Bk A T r C o . 13,500,00( 12,548,400 213324000 10 0 295 443,700 915618500 10 0 198 Chelsea Exch Bam 1,000.OH Chem ical N a t Ban! 4,500.001 17,228,200 115230000 10 0 642 Coal A Iron N a t Bk 1.500.001 1,424,800 19.002,000 10 0 276 2,447,929 28,869,000 10 0 500 Colonial Bank __ 1 .2 0 0 ,0 0 1 Com m onwealth Bk 600,00< 1,047,051 12,538,000 10 0 300 1,066,200 6,633,000 10 0 2 2 0 Continental Bank 1 .0 0 0 .0 0 1 Cora Exchange Bk 1 0 ,0 0 0 , 0 0 < 13,995,506 213305000 10 0 472 146,300 97,620,500 10 0 155 400 001 28,400 91,187,500 lv;0 000 East RlveT N a t Bk 2 ,1 0 0 0 0 < 1,963,000 33,961,000 1 6 6 240 277,629 98,245,017 250 000 500 O C 3,016,901 24,117,000 1 6 6 1725 O 1,446,200 19,203,000 10 0 300 F ifth N ation al Bk 1 .2 0 0 !0 0 ( First N ational Bank 1 0 .0 0 0 .0 0 ( 68,011,300 226968000 10 0 2400 800 0 00 447,000 d4,026,000 G arfield N a t Bank 1 0 00 000 1,657,600 16,362,000 10 0 335 502,400 cf 17 201 300 10 0 165 Gotham N a t Bank 1,500.00( 1 ,nnn nnc 1,736,300 8,826,000 10 0 Greenwich Bank . l.OOOBOf 2,480,100 23,538,000 10 0 410 356,100 48.302,000 10 0 175 H am ilton N a t Bk 1 .0 0 0 ,0 0 ( H an over N a t Bank 3,000,001 23,827,100 107942000 10 0 980 1 ,0 0 0 .0 0 1 1,796,700 436749300 10 0 490 Harrim an N a t Bk 205,632 93,345,476 250 000 ______ 88,600 41,122,500 Lebanon N a t Bank 250,000 ______ 1,500.000 613,000 47,658,400 L ib e rty N a t Bank 76,736 92,652,555 Longacre Bank 2 0 0 ,0 0 0 47,827 91,802,578 2 0 0 ,0 0 0 M eehan A Metals N ational Bank- 1 0 ,0 0 0 ,0 0 0 16,383,100 178808000 10 0 388 772,400 916182138 10 0 415 500 OO C 577,200 47,375,800 10 0 165 N a t Am erican B ki.oooiooc 307,900 8,652,000 25 157 N at Butch A D rov 1 ,0 0 0 .0 0 1 25 000 001 39,979,600 304260000 10 0 345 N ational C ity Bank 50,000.001 61,227,847 735263000 10 0 435 N a t Park Bank 1 0 .0 0 0 .0 0 1 23,786,900 212143000 10 0 447 ftOO OOl 355,084 911845799 10 0 198 i non nor 1,710,104 34,473,000 10 0 300 35,700 91,773.900 10 0 1 1 0 Penn Exchange B k 2 0 0 i0 0 ( m o oof 63,700 92,346,700 10 0 Public N a t Bank 4.000.001 6,421,100 4104531400 10 0 440 5 noo oo( 8,263,292 107455000 10 0 468 50,300 44,177,200 10 0 1 2 0 Seventh A v e NatBk 4oo !oo< 176,900 94,518,400 10 0 300 Standard Bank___ 2 0 0 .0 0 0 State B a n k ..___ 3.500.001 5,396,089 96,922,000 10 0 420 144 238,078 92,081,771 T ra de Bank o f N Y a500,000 185 530,100 412058600 1 0 0 0 000 /inn'nni 1,394,014 936064622 10 0 1300 Y o rk v ille B a n k -. Trust Co. returns da te M a r. 25 1925. 2,003,235 41,143,791 10 0 551,913 8,858,062 1 ,6 0 6 ,6 0 0 1 ,0 0 0 000 500,773 6,647,621 Bk of N Y A T r Co 4 000.001 12,448,207 93,388,042 10 0 575 Bankers Trust C o . 2 0 .0 0 0 .0 0 1 28,131,650 373515352 10 0 456 288,200 8,491,100 10 0 175 Bronx C o ’ty T r Co 750,000 B r ’hood Locom o’ve 500,000 276,900 5,102,300 C entral Union T r Cc 12.500,001 25,528,900 216530200 10 0 724 Em pire Trust C o4,000.001 3,634,143 66,360,795 10 0 304 E qu itable Trust C< 23,000.001 12,201,427 341767988 10 0 254 Farm ers' L A T r Cc 1 0 ,0 0 0 001 17,674,240 146334454 10 0 439 230 F id e lity In ter T r C< 2 0 0 0 ,0 0 1 2,171,400 21,287,200 10 1,183,200 12,109,000 10 0 297 Fulton Tru st C o . 1 ,0 0 0 ,0 0 1 G uaranty Trust C< 25.000,001 19,559,461 526349821 10 0 315 Irvin g Bk C ol T r 17.500 001 12,536,700 333847800 10 0 241 Ita lia n Discount < t 550,200 8,231,600 10 0 1 0 0 0 001 La w yers’ T iu st Cc 3,000,001 3,031,877 17,876,372 10 0 225 4,129,850 48,803,080 10 0 445 M etropolitan T r Cc 2 .0 0 0 .0 0 1 N ew Y o r k Trust Cc 1 0 .0 0 0 .0 0 1 19,292,200 204859100 10 0 409 10 0 0 0 ,0 0 1 16,501,000 44,632,500 10 0 520 231,800 1,472,100 500,000 4,569,512 58,673,756 100 355 3 noo oo< U S T r C o of N Y 2! ooo! ooi 18,184,900 59,801,300 100 1575 Jamaica, L . I .— e307,600 7,768,100 100 2 0 0 .0 0 1 Per Lincoln-Alliance Bk 2 ,0 0 0 ,0 0 1 a2,971,371 49,515,405 100 295 e639,197 13,137,307 100 215 M erchants’ B ank. 500.001 e351,421 15,555,541 100 110 N a t B k o f Roch 1,200,000 554,903 15,672,209 100 225 Central Trust Co 600,001 c687,661 14,045,264 100 310 Genesee V ail T r Cc 400,001 Roch T r A S D Co 1,000,001 e l , 744,801 38,284,831 100 340 300 001 e l , 548,018 29,463,979 100 700 e934,526 26,895,684 100 153 Union Trust Co 1.500!001 S c h e n e c ta d y — 45 136,000 3,805,000 25 M oh aw k N a t Bank 200,000 350 811,000 10,032,000 Union N a t Bank . . 300,000 240 378,000 8,451,000 Citizens Trust Co 300,000 400 Schenectady T r Co 400,000 1,024,000 15,494,000 ♦ S a le p ric e . 6 Paid I d . k Capita) increased i Ex-dividend. eM arch 25 1925. eDec. 31 1924. I Last sale. Stock y Ex-rCgbts rSept 29 *1924 < In< ludao foreign branch deposits • u B ook valu e. » In process of liquidation. rights. /M erged on A p r il 1 w ith M anufacturers’ Tru st C o. a N o v . 15 1924. Pat 155 20 0 413 275 300 205 650 290 310 230 477 325 2600 175 430 185 10 10 505 _____ 392 167 350 440 455 12 0 460 125 435 150 195 580 461 190 730 313 258 441 250 305 320 245 232 450 415 535 365 1625 300 220 120 245 350 160 50 250 100 185 190 155 210 225 lo t 100 230 225 235 230 1 0 c 150 1 0 c 200 1 0 c 220 1 0 c 160 ftN ew stock. f N ew d A p r. 61925. »E x- May, 1925.] BANKS AND TRUST NE W Y O R K (C o n c lu d e d ). Capital. T roy— M anu fac’rs N a t BiN ational C ity Bank N a t St B k of T ro y . Onion N a t B a n k ... United N a t B an k. T ro y Tru st C o ____ S 1 ,0 0 0 ,0 0 1 300,OOt 250,00C 300,OOt 240,001 2 0 0 .0 0 1 Utica— *lret N a t B k A T r Oneida N a t B an k.. Utica C ity N a t Bk Citizens’ Tru st C o Oneida C o Tru st Cc Otlca T r & D ep Co W a te r to w n — C lty N a tio n a l Bank Jefferson Co N a t Bk W atertow n N a t Bk N o rth ’n N Y T r Cc W e s tc h e s te r Co M t . Vernon— 1st N . M t Vernon T r Co F ite Rochelle— . N a t C ity Bank. N orth A v e Bank. Huguenot T r Co N Rochelle T r Co Oaeining— 1st N a t Ossining N a t Bk F t ehsi ill— W estches C o N a i Fleaaantcitle— M t Pleasant Bk Fart Cheater— 1st N M u tual Trust C ( Rte— R y e N a t B k . *nrrytourn N a t Bk. White Plains— Citizens B a n k ., jfe W e s tT itle A T r Cc C ou nty Tru st Cc Yonkers— First N a 1 Y onkers N a t B1 A Trust C o ._ W estches’r T r C< Yonkers Tru st Co Surplus A Profits. Cross Deposits. $ $ 1,428,914 27,883,478 e484,880 6,704,382 e451,053 4,910,189 412,676 6,613,479 475,052 1,040,010 191,070 3,958,837 1,250,000 1,948,810 13,422,933 600,000 1,094,095 5,014,278 1 ,0 0 0 ,0 0 0 336,714 5,025,201 1,000, O t 1,224,260 18,371,278 O n517,217 3,557,225 250,001 1 .0 0 0 .0 0 C n933,903 14,773,154 2 0 0 ,0 0 0 500,000 2 0 0 ,0 0 0 400.000 2 0 0 ,0 0 0 500.000 400 000 150.000 250,001 200,OOt io o Iooo 1 0 0 .0 0 0 55,233 541,768 240,262 904,937 1,558,775 4,585,998 4,146,294 8,643,136 O H IO — (C o n c lu d e d ). Par Bid. P rr 10 0 350 10 0 180 10 0 235 50 60 10 0 305 10 0 135 Per 10 0 280 240 10 ( 100 95 lOt 240 10 0 10 0 260 Nom . _____ l too 275 225 100 10 0 325 Per 100 756,923 9,426,870 636,319 14,320,395 399,584 11,281,743 84,008 2,117,502 nl76,218 4,281,806 508,202 7,923,437 W165.137 1,049,922 172,243 2^247,966 10 0 10 0 10 0 100 10 0 10 0 Ask. share 360 250 70 315 150 share. 290 245 97K 250 270 prtces 125 285 235 350 share. 100 10 0 1 0 0 ,0 0 0 499,172 6,806,689 1 0 0 .0 0 1 2,518,810 4,821,819 4,081,408 2,672,292 2,158^213 140 145 50 10 0 .0 0 0 nl57,896 < 2 1 ,3S1 2 ra209,387 <158,234 <228,983 250 O t O 600 O t O 200 O t O 300t00< 350,680 6,528,502 6858,480 3 jl32,407 489,418 8,948,833 <406,015 8^612,615 10 0 10 0 10 0 2 0 0 0 00 <178,128 n763,812 nl24,532 5.412,702 9,577,780 5,337,755 100 10 c 200,OOt 300!00( 100 O t O 300,001 350.000 HORTH C A R O LIN A — N a t. banks A p r. 6; 100 10 0 10 0 10 0 12 0 130 50 ... 250 — — State institutions A p r. 6 . C h a r lo tt e — 1 1 521,743 4,475,772! ICC C harlotte N a t Bank 375.000 Com m ercial N a t Bk 671,580 2,789,866 10C 500.000 First N ational Bank 763,530 1,641,843' 10C 300.000 M e r & Farm N B k . 517,811 2,510,397! 10C 2 0 0 .0 0 0 336,880 2,916,216 10C Union N a t B an k___ 2 0 0 .0 0 0 American Trust C o 1 . 2 0 0 .0 0 0 867,298 14,238,920 10C <775,729 4,843,762. 100 Independ’ce T r Co 1 .0 0 0 .0 0 0 D u rh am — <125,427 1,781,524) 100 Citizens’ N a t Bank 1 0 0 .0 0 0 858,223 6,199,373 25 F idelity B an k_____ 1 0 0 .0 0 0 554,804 5,360,557, 100 First N ational Bank 600,000 <86,500 1,250,000. 25 H om e Savings Bank 1 0 0 ,0 0 0 139,738 1,731,585! 50 M erchants’ Bank. 1 0 0 .0 0 0 G ree n sb o ro — <777,784! 8,052,296' 100 A tlantic Bk A T r C o 1,250,000 <233,439 3,231,3341 100 Greensboro Bk A T r 400,000 | 1 Ip R a le ig h — 212,757 5,033,038) 100 Citizens N a t B an k. 300,000 216,453! 7,555,3111 100 C om m ’ l N a t B ank. 600,000 156,699 1,725,600 100 Raleigh B kg A T r Co 1 0 0 ,0 0 0 W ilm in g to n — Murchison N a t B k . 1.000.000 <1,134,169 12,697,840 100 25 People’s Sav B ank. 65.000 0177,530; 2,180,463 600,295j 4,102,379 50 W ilm Sav A T r C o . 300.000 W in s to n .S a le m <39,500 1,700,000 100 150.000 Peop le’s N a t Bank. W achovia Bk A T r . 2,175,000 1,486,768 36,911,379! 100 Per 230 230 270 310 290 154 182 180 213 180 48 105 168 155 Per 163 130 195 Per 198 105 175 ______ share. 240 300 155 185 185 185 50 110 168 160 share. 175 135 150 0 00 50.000 300 000 1 0 0 .0 0 0 1 0 0 .0 0 0 1 0 0 .0 0 0 I 78,262 1,540,931'____ 65,197 854,656 100 282,368 7,110,113 100 147,268 2,190,576 100 44,072 1,590,761 ____ 55,432 818,925 ____ OHIO — National banks A p r. 6 ; State institutions M a r. 30. Capital. % *hars. 20 0 125 185 1200 Per share. Surplus A Profits. Gross Deposits. Par Bid. ill. C le v e la n d — A m er Sav Bank Co 1 0 0 .0 0 0 B roth’ d of L oc Eng Co-O per N a t B k . 1 , 0 0 0 ,0 0 0 C ent N B,S A T r C o 1,800,000 C lev Sav A L oan Co 250,000 Lorain St Sav A T r . 400,000 M idlan d B an k____ 2 ,0 0 0 .0 0 0 N ational C ity Bank 2 ,0 0 0 ,0 0 0 Pearl St S A T C o . . 1,500.000 United Bk A T r C o . 1,500,000 Cleveland Tru st C o 8,600,000 Guardian Tru st Co 4.000 000 Lake Erie Trust Co 1 ,0 0 0 ,0 0 0 State Bkg A T r C o . 750,000 U nion Sav A L C o . 900.000 U nion Tru st C o ___ 22,250.000 S <242,837 $ 3,651,147 9346,914 3,281,823 279,383 526,115 <763,321 1,055,498 <838,439 *979,814 5,121,669 5,251,068 270,186 428,466 e763,243 13,062,114 25,493,587 47,139,717 2,643,236 8,286,496 22,770,509 20,083,169 24,681,610 20,624,454 202721,734 108677,421 3,493,596 13,512,806 3,267,969 256823 643 C o lu m b u s — Brunson Sav B an k. C itizen s’ T r A S a v. C ity N ational Bank Columbus N a t B k . Columbus Sav B k . C om m er’l N a t B k . F ifth A v e Sav Bank H untington N a t Bk M a rket Exch Bank N a t Bk of C om ’ ce. N orthern Sav Bk Co First N a t B an k____ O hio N ation a l Bank 1,266,693 22,772,631 6,033,171 2,916,201 1,288,640 9,497,299 1,745,184 21,924,246 3,163,620 5,418,467 1,024,822 8,907,998 17,459,403 10 0 10 0 10 0 10 0 10 0 10 0 10 0 10 0 10 0 10 0 1 . 0 0 0 ,0 0 0 <34,129 755,597 600,596 <70,094 elO l ,820 1,047,819 <87,896 1,525,143 262,285 •727,097 e35,471 623,312 <2,209,394 400,000 300,000 431,424 267,425 6,380,856 3,469,502 10 0 10 0 2 0 0 ,0 0 0 197,881 3,843,567 10 0 150 155 400,000 421,960 3,984,257 536,409 8,292,654 140,283 5,414,247 819,978 16,001,002 10 0 10 0 10 0 10 0 180 140 185 150 250 260 D a y to n — C ity N ation a l Bank D a yton N a t B ank. M erchants’ N a t Bk A Tru st C o _____ Th ird N a t Bank A Tru st C o ________ W inters N a t BankC ity T r A Sav Bank D a yton Sav A T C o T o le d o — C om Sav B A T r C o D im e S B k A T r C o First N ational Bank Com Guard T r A S n v H om e Bank A T r Co M er Sav Bk A T r Co Ohio 8 Bk A T r C o . Peoples State S Bk Secui 3 B A T r C o Spitzer-R T A S Bk Toledo Trust C o . Union T r A Sav Bk Y o u n g s to w n — Central Bank C o . . C ity T r A Sav Bank C om m er’l N a t B k . D ollar Sav A T r Co First N ational Bank M ahoning N a t B k . M ahoning Sav A T r Second N a t B a n k .. South Side Sav Bk 210 —N a t. banks A p r. 6 ; State institutions Dec. 31. F a rg o — D akota N a t B an k . Fargo N ational B k . First N ational Bank Merchants N a t B k . Security N a t B an k. Northern Trust C o . 61 C O M P A N IE S 1 0 0 ,0 0 0 1,500.000 300.000 500 000 50.000 600.000 1 0 0 ,0 0 0 1.500.000 1 0 0 .0 0 0 300.000 1 0 0 ,0 0 0 500,000 1 , 0 0 0 ,0 0 0 2 0 0 ,0 0 0 600,000 2 0 0 ,0 0 0 300,000 500,000 1 .400 non 1 ,0 0 0 ,0 0 0 150,000 1 , 0 0 0 .0 0 0 150.000 600,000 300,000 5.000.000 250,000 446,855 e344,443 <1,560,396 <1,156,037 <475,569 378,247 2,264,919 <10 0 ,0 0 0 733,350 405,196 3,389,167 416,083 12,312,491 8,585,354 9,161,036 24,367,507 8,007,962 2,459,874 33,522,888 2,250,000 10,082,679 3,082,163 29,652.282 1,668,124 756,996 150,000 <17,837 820,537 9,962,206 600.000 756,293 7,034,140 500.000 2,500.000 2,155,283 16,776,540 2,500.000 2,219,982 15,288,050 468,004 4,584,121 1 , 0 0 0 .0 0 0 150.000 <159,193 1,895,449 2 0 0 ,0 0 0 34,008 729,718 1 0 0 ,0 0 0 849,611 <54,558 I Per shart. 1 0 C 330 10C 10 0 10 0 10 0 10 0 10 0 10 0 10 0 10 0 10 0 267 247 143 168 223 275 146 170 260 260 235 232 10 0 178J4 195 100 156 20 0 10 0 205 208 255 222 Per share. 10 0 10 0 155 300 109 xl59 310 113 200 300 300 265 340 330 x310 285 370 295 375 280 375 350 Per share. a250 255 160 170 Per share. 10 0 290 50 218 10 0 336 10 0 175 150 10 0 10 0 320 325 10 0 10 0 150 10 0 218 10 0 220 ion 165 245 10 0 10 0 10 0 10 0 10 0 10 0 10 0 10 0 10 0 10 0 Per share. 80 92 225 235 220 198 198 170 125 202 202 110 12 2 12 0 175 129 O K L A H O M A — National banks A p r. 6 ; State institutions. G u th r ie — First N ational Bank First State Bank___ Security State Bank M c A ie s te r— American N a t Bank C ity N ational Bank First N a t B o f M c A M u sk og ee— Com m ercial N a t Bk First N ational Bank M uskogee SecN atB 1 0 0 .0 0 0 50.000 25.000 1 0 0 .0 0 0 50,000 1 0 0 ,0 0 0 250.000 500.000 2 0 0 ,0 0 0 82,361 10,253 3,374 19,613 el0,802 31,500 3,167,972 1,002,816 360,073 Per •Aar*. 10 0 10 0 10 0 2,063,554 10 0 420,528 10 0 1,630,951, 10 0 195,839 4.457,269 10 0 179,698 6,346,906 10 0 54,857i 2,996,827] 10 0 Per share Clo sed Per share. 225 325 175 20 0 300 125 1 O k la h o m a C i t y Per •Aar*. Per share. A k ron — American N a t Bank 1 , 0 0 0 ,0 0 0 381,697 17,917,748 10 0 2 0 0 <647,958:14,626,948 10015225 C entral Sav A T r . . 1,000 000 Farm ers’ N a t Bank 2 0 0 .0 0 0 62.257 3,991,602 10 0 175 2 9 8 ,5 6 3 5 ,2 1 9 ,5 6 6 100| 175 250 000 Com m ercial S A T r F idelity N a t Bank. 300 0 0 0 67,046 4,832,418 10 0 2 0 0 290 610,091) 8,420,70l| 100 250 Depositors Sav A T r 500 000 First N a t B an k ____ 1 , 0 0 0 .0 0 0 355,637 18.526,924 10 0 250 238,242 3,143,691| 100 180 200 200,000 D im e Savings Bank L iberty N a t B ank. 157,352 7,434,287 10 0 2 0 0 600.000 250 668,521 8,529.099, 100 160 165 Ohio State Bk A T r 500.000 Oklahoma N a t B k . 33,281 2,884,420 10 0 20 0 250.000 450,172 100 90 95 28,415 100.000 Standard Sav Bank Security N a t B ank. 398.386 10.803.477 10 0 500.000 170,947 4,027,202, 100 160 175 200,000 Firestone Pk T r A S B Tradesm ens N a t Bk 110,695 5,293,392] 10 0 225 500.000 250 250 First Trust A S B k . 1.500.000 1,969,025 27,579,5171 100 240 C a n to n — I T u ls a — <107,275 3,959,432 100 150 200,000 Cant Sav B A T C o . C entral N a t B an k . 1 . 0 0 0 .0 0 0 445.781 9.437.795 10 0 <230,767 4,909,879 100 200 500.000 D im e Savings Bank Exchange N a t Bank 2 ,0 0 0 .0 0 0 601,527 34,700,050 10 0 500.000 1,188,816, 9,580,957 100 325 F irst N ational Bank First. N at Rank . . l.nnn non 232.344 18.476.277 10 0 Per share. C in c in n a t i— N a t Bk o f C om ’erce 100,767 3,993,829 2 0 0 ,0 0 0 400.000 1,262,828 7,770,530 100 370 A tlas N a t B ank___ Producers N a t B k .l 250,000 62,964 4,387,795 505,347,13,175,569 100 525 500.000 B righton Bk A T r C o Security N a t B an k . 228,475 4,652,942 500,000 Brotherhood o f R y 1 1 102,832! 3,083,022 200.000 Clerks N a t B k . . 250 230,208 3,505,921: 100 230 150.000 C inn B k A T r C o . . OREGON — National banks A p r. 6 ; State institutions A p r. 6 220 C itzns’ N B k A T r C o 2,000.000 2,424,499 12,918,390 100 210 287,460 2,547,228 100.000 C olum bia B A S Co P o r t la n d — Per share. 165 300,188 7,035,628 10 0 150 1 350.000 Cosm op Bk A T r Co G W Bates A C o ._ 1 0 0 .0 0 0 19.970 1,277,448 10 0 175 58.613' 661,956 10 0 160 50,000 East End B an k____ Can Bk of C om ’ce. 300.000 127,760 3,485,787 10 0 20 0 300 210 First N ation a l Bank 6,000,000 5,673,037 39,518,176 10 0 285 Citizens B an k_____ 2 0 0 .0 0 0 54,157 3,205,269 10 0 170 185 300 500.000 1,131,703! 7,313,016 10 0 280 Lincoln N a t B ank. First N ational Bank 2,500.000 1,176,464 34,859,211 10 0 205 175 248,719 2,444,057| 50 140 215 100.000 N o rth Side B a n k .. H ibernia C A Sav B 2 0 0 .0 0 0 170 215,897 6,449.850 too 175 190 457,569' 7,643,927 10 0 155 400.000 Pearl M a rk et Bank Ladd A T ilto n B k . . 1.000,000 1,716,588 23,055,930 10 0 300 300 2,620,375'42,906,369 10 0 290 350 000 B th-3rdN at B k ____ 3.000. 300 L iv e Stock State Bk 1 0 0 .0 0 0 733 520.009 10 0 297,967, 4,474,044' 10 0 250 135 200.000 P eop le’ s Bk A Sv C o 36 37>$ N ’w estem N a t B k . 2 ,0 0 0 ,0 0 0 477,886 18,891,029 10 0 135 10 150 1.500.000 1,842,396^27,815,963! P ro v S B k A T r C o Peninsula N a t Bank 2 0 0 .0 0 0 56 706 2,106,703 10 0 130 180 936,492 8,270,545 10 0 165 140 1.000. 000 Second N a t B a n k . Portland N a t ’l B k . 2 0 0 ,0 0 0 34,980 1,849,963 150 320,978 4,496,882 10 0 225 175 250.000 S oO h loS B k A T rC o 230 U nited States N Bk 1.800.000 2,274,536 35,692.263 Too 325 375 895,312 10 0 225 195,626 100.000 Stock Y ard s B k ___ W est Coast N a t Bk 300.000 108,590 3,158,737 10 0 170 125 150 116,981 2,573,652, 185 250,000 W ash B k A Sav C o . 500 000 300 Security Sav A T t 435,683 4,233,303 10 0 d_____ W estern B k A T r C o 1.000,000 1,372,021 15,051,288 1 6 6 270 Lbrm en’s T r C o . B k 500,000 59,321| 2,148,765 1 0 0 125 217 2,000,000 2,670,431 18,686,726) 1 0 0 210 Fourth A Cen T r C o U nion Tru st C o ___ 1,000,000 3,950,460 • Sale price, a Includes C ity Trust A Savings Bank, b Sept. 29 1924. A N ew stock, it C apital to be increased, a A m ount paid la . a E x * dividend. I Last sale, d Sold with First N ational Bank. • June 30 1924. e Includes Oneida C ou nty Tru st C o. t Includes trust deposits. t Includes U nion Savings Bank A Tru st, t D ec. 31 1925. n M a r . 25 1925. a O ct. 10 1924. 63 BANKS AND T R U S T C O M P A N IE S P E N N S Y L V A N I A — N a t. b it . (see. P h ila .) A p r. 6 ; S(a(« inst A p r. 9. Surplus A Profits. Capital A lle n t o w n — Allentown N a t B k . Merchants N a t B k . B ldge Avenue Bank iecon d N a t B an k. . Allentown Tru st C o Citizens Tru st C o . &ehlgh V a il T r C o . Penn Tru st C o ----- % 1 . 0 0 0 ,0 0 1 400,00( 50,001 *•0 0 ,0 0 1 225 00( 250,00( 500,001 300,00C A lto o n a — P in t N atlonal Bank Second N a t B a n k .. 188.90C 250.00( 243,801 102.965 B rie — Bank o f E rie T r Co P in t N atlonal Bank M arine N a t B an k. . People’ s B k & T r C o Second N a t B an k. _ Cent T r A T itle C o. Secur Sav A T r C o. H a rr is b u rg — Bast End Tru st Co _ Harrisburg N a t Bk C entral Trust Co . Com m ercial T r C o. Com m onw’ltb T rC c Dauphin D ep T r Co Security Tru st C o Union Tru st C o . . L a n c a s te r — Conestoga N a t B k . Pulton N a t B a n k .. Lancaster C o N Bk Agrlcul T r A S a v . . Farmers’ Tru st C o Northern T r A S Co People’ s Tru st C o . Onion Tru st C o . . P h ila d e lp h ia — B k o f N o Am or A Tr Bk A T r Co of W Phil Broad St N a t Bank Centennial N a t B k . Central N a t Bank. Corn E xch N a t B k . D rovers A M e r N a t Par. $ $ (1,123,498 7,929,262 1,285,856 6,187,203 ®72,126 1,219,490 1,114,159 5,724,466 228,464 2,115,276 306,595 2,758,446 753,275 4,579,326 e200,033 2,002,327 150,001 Altoona Tru st C o... Central Tru st C o . . M ountain C ’ y T C o Oross Deposits. 1 0 0 .0 0 1 125,00< 300.001 300,001 20 0 ,0 0 1 500.001 166,100 400,001 20 0 .0 0 1 2 0 0 .0 0 1 300,001 400,001 125,001 750,20C 300.000 400,00C 286,010 250.001 2 0 0 ,0 0 1 2 0 0 ,0 0 1 300,001 263,125 225,001 300.001 250,001 2 0 0 ,0 0 1 400,001 300,001 Deposits o 300.001 5 ,0 0 0 001 250,000 375,001 300,001 1,250,001 2 , 2 0 0 ,0 0 1 500,001 125,000 275,001 1.500,00(i 3 000,000 2 :6 0 0 :0 0 0 2 ,0 00 .0 00 350.O C O 200,O C O 1 .0 0 0 .O C O 600.000 Per i ____ l lOOid____ l 1 0 0 _____ l 1 0 0 275 1 0 0 Id____ l 57 30 10 0 (142,450 1,597,134 1,265,412 8,498,051 '657,859 6,996,277 308,033 4,224,803 1,135,607 10,566,300 (77,685 1,521,549 (857,546 7,593,568 (617,570 4,919,790 10 0 10 0 10 0 10 0 10 0 10 0 10 0 10 0 e71,600 1,593,509 705,833 3,893,778 (712,939 3,464,329 e96,292 1,090,862 1,768,853 8,149,551 '565,111 4,518,981 834,763 3,668,910 (165,333 1,343,009 (214,225 2,845,739 50 25 25 50 721,784 4,391,770 344,459 3,374,423 682,491 3,607,122 112,901 1,640,865 1,168,571 6,953,310 176,223 1,209,274 (1,589,999 9,059,971 (553^000 3,700,000 828,773 5,094,998 264,342 3,275,194 Ask. 10 0 10 0 10 0 10 10 0 10 0 10 0 50 25 60 10 0 50 50 50 10 0 *fcar«. 300 500 20 0 210 60 Per share. _____ 1 175 *400 _____ 1 215 .. . 1 205 250 _____ l 130 ____ l 325 _____ l 33734 Per ........ 1 _____ l _____ l _____ l _____ l .........1 _____ l ........ 1 .........1 share. 175 72 172 85)4 425 280 325 16 155 Per «5ar«. .........1455 _____ l 290)4 _____ i 158 49 34 _____ ( 36134 _____ ( 17734 . . . 1 452 ........ i 182 ____ ( 226 _____ i 207 National banks date May . 4 192 Per 50 399,729 3,699,959 6,019,851 52,345,165 10 0 .........1 50 .........t 161,329 2,378,452 50 ......... 1 363,605 5,500,809 892,013 6,647,000 10 0 .........1 5,317,911 32,355,000 10 0 ......... i 6^214,950 59,537,000 10 0 ......... .........i 50 .........i _____ _____ 1 10 0 5. share. 7234 301 (75 201 400 568 490 154 10 0 852 28634 400 ........ t 566 ......... 402 J4 50 .........i 153 10 0 ......... 621 32034 10C 10C ......... 179 50 ......... 325 10C .........i 16934 880 10 0 ........ 266 10 0 _____ 1 0 C _____ 615 10 0 _____ l 1 1 2 5( _____ 173 5C 13534 50034 10 0 _____ 50 ........ 10034 10 0 ........ 428J4 10C ......... 208 34 515 10 0 _____ 10 0 _____ 23534 309 10 0 _____ 175 10 1 _____ 101 ......... 261 100 ......... 170 100 _____ 29534 101 ......... 313 10 0 ......... 231 75 50 _____ 100 ......... 360 8334 . 5 1 . 50 7034 5 ......... 155 1 101 ______ 15134 170 50 _ . 1 0 C ......... 318 10 0 10 0 10 0 10 0 10 0 ........ ____ _____ _____ 10 1 i ......... 10 1 _____ ; ioi i ......... 1 1 0 1 ......... 5 1 ........ 1 10 1 ........ 10 1 ........ 51 ........ 101 i ........ 101 1 _____ 1 0 ( ........ 10C 5C 5C 5C ol. 120. P E N N S Y L V A N I A — (C o n c lu d e d ) Per share. 245 1 0 0 235 610 1 0 0 690 155 50 140 700 1 0 0 680 94 90 30 130 25 1 2 0 380 50 360 98 93 50 481,107 3,540,839 (484,033 3,125,081 200,737 1,951,967 582,080 2,316,993 (291,494 1,903,188 (251,663 2,239,304 214,741 (2,599,397 129,355 1,040,501 1,752,657 6,004,000 3,620,458 40,936,000 9,389,597 63,075,000 5,887,592 64,230,000 8,714,668 69,416,000 Girard N a t B a n k .. 870,045 6,433,000 Kensington N a t Bk 993,334 (5,916,196 Manayunk N a t B k . 2,893,474 21,204,000 M arket St N a t B k . 553,071 (7,984,033 N a t Bank o f Com m 1,212,692 (8,425,547 2 0 0 .0 0 1 N a t B k o f G erm ’ t ’n 273,672 (3,338,514 500,001 250 O C 2,135,433 9,561,000 O 731,071 7,994,000 N orthern N a t Bank 400,O C O O 1,250,561 6,727,O C 2 0 0 .0 0 1 Overbrook N a t B k . 300,000 68,779 (2,872,104 250,000 329,627 5,724,869 Olnev Bank A T r _ _ 379,94E 4,460,713 500 001 3,558,507 13,938,000 1 0 00 001 386,672 17,051,940 1 ,0 0 0 ,0 0 1 Peoples Bk A T r C o Philadelphia N a t Bk 5,000,001 11,972,115 123321000 868.60C 5,325,001 500 001 280,001 1,168,004 (10187,175 Second N at B an k. . 636,395 6,405,000 300,001 Sixth N a t B a n k ... Southwark N a t B k . 500.001 1,067,682 10,754,000 246,491 2,030,001 2 0 0 .0 0 1 S’ western N a t Bank 768,745 6,340,001 500,001 487,448 5,143,000 400,001 O 1,517,938 10,540,O C 1 .0 0 0 ,0 0 1 T h ird N a t B an k— O 2,854,016 17,053,O C 1 0 0 0 ,0 0 1 1,343,476 18,637,O C O 1 0 0 0 ,0 0 1 250,001 ul83,758 3,113,894 W est Ph lla B a n k .. A ldlne Tru st C o . . . 1 ,0 0 0 ,0 0 1 1,184,323 3,689,691 187,501 187,655 2,734,141 500,000 264,420 2,029,640 Broad Street Tru st. 750,000 1,324,981 12,447,393 C ent T r A Sav C o .. 295,128 4,191,940 300 O C O 724,135 10,889,502 500.001 821,599 6,251,512 400,001 Columbia A v T r Cc 59,442 1,350,481 125,000 3,739,483 10^778,451 C om ’lth T Ins A T i 1,476,325 O C ont-E q T A T C o. 1,000,O C 1,801,745 15,548,671 133,079 1,558,571 227,67C Em pire T it A T r Cc 451,162 5,363,79' 300,00C Excelsior T ru s t— 357,42C 5,409,972 0 0 ,0 0 1 5,200,001 17,909,815 53,787,241 F id e lity Tru st C o . 3,778,75* 1 a l 470.001 1,244,171 a l , 530,001 2 d preferred____ 820,28" 8,111,24250.001 1,500,001 2,185,082 26,875,921 1,754,755 16,066,981 1 . 0 0 0 ,0 0 1 2 0 0 .0 0 1 367,731 4,060,041 G lr.d A v T A T C o 2,500,001 10,968,541 58,940,691 G irard Tru st C o . . 842,975 11,132,331 1,000,O C O 176,98C 3,189,731 125,001 H a d d in gton T A T C c East Falls B k A T r . Eighth N a t Bank . Bid. P 421 239 45 l 150 1175 554 [ 135 10 0 120534 320 (40 0 187 1 1060 1 166 1 177 34 I Capital. Surplus A Profits. Oross Deposits. P a r. Bid. A st P h ila .— (C on.) $ Per share. t S H am ilton Tru st Co 2 0 0 ,0 0 0 297,793 4,048,912 10 0 .........1 205 >4 H olm esburg T r C o . 125,000 122,975 1 1,555,701 50 .........1 85 H Indus’l T r . T A Sav 500,000 1,927,787 10,534,055 60 .........i 251 In teg rity Tru st C o . 750,000 3,612,715 18,199,860 50 .........1 187 Jefferson T A T r C o l 65 H 2 0 0 ,0 0 0 51,039 1,260,249 50 Kensington T r C o . 500,000 1,209,835 12,832,217 50 .........1 60)4 Land T itle A T r Co 3.000,000 12,769,542 23,484,737 1 0 0 .........1 S 8 8 L ib e rty T A T r C o . 500,000 721,563 6,113,889 50 .........1 L83 M arket St T A T C o 500,000 1,361,658 12,797,050 50 _____ 1 278 Manayunk Trust Co 250,000 402,8911 3,133,784 as ......... 1 8 8 M etropolitan T r Co 500.000 215,710 2,859,472 50 ......... 1 (72)4 M u tual Tru st C o ._ 538,600 348,272 8,688,278 O 50 ......... 1 LO N inth Bank A T r Co 750,000 1,808,759 15,291,380 1 0 0 _____ r 435 ( F N orth ern C ent T r . 400,000 191,979 3,013,726 50 85M i 650 M N orthern Trust C o . 500.000 2,989,131 11,842,299 1 0 0 N o r th e a s t-T a c o ny Bank A T ru st___ 250,000 126,462 1,199,171 50 (76)4 N orth ea st’n T A T r 2 0 0 ,0 0 0 74,981 1,826,651 60 _____ 1 62)4 N o Ph ila Trust C o . 500,000 892,136 9,005,009 50 ......... 1 2 1 2 N o r Western T r Co 150.000 1,023,174 10,456,543 50 _____ 1 326 Parkw ay Tru st C o . 80,148 1,430,206 1 0 0 - . 1 135 125,000 . 1 180 Pelham Tru st Co . 221,107 2,084,518 1 0 0 150,000j Penn C o fo r Insur on L ives A G r An T r A Safe D ep C o 3.966,470 17,190,881' 52,463,201 10 0 _____ l 715)4 Penn W ’ h 'gA S D C o 1 , 0 0 0 ,0 0 0 408.1621 761.446 50 _____ M Of >4 1 7 5 0 '” Philadelphia T r C o. 1 , 0 0 0 ,0 0 0 6.051.213 21.1 27.826 1 0 0 Phoenix Trust C o . . 300,000 76A27I 1,007,243 50 _____ (1 55 Provident T ru s t___ 2 .0 0 0 ,0 0 0 8,639,237 14,470,3811 1 0 0 ........ 1630 R eal Est T r Co.com 1,319,600 1,378,493 6,376,975 UOO _____ 2| 1 0 1 do do pref 1,890,100 f 10 0 _____ l 1 2 0 R eal Est T I A T r . . 2 ,0 0 0 .0 0 0 4,033,305 8,416,860 1 0 0 . . . . 1550 Republic Trust C o . 500,000 346,535 4,287,525 50 . . . . lilOO Richm ond Trust Co 141,200 26,890 1,190,897 Roxborough T r C o l 1251i 184,624 2,577,171 150.000 10 (62 U Susq. T it le A T r . Co 13,617 336,719 144,679 50 Southwark T A T r . 125,000 185,980 1,289,502 l 0 _ . 1 220 " Tacon y Trust C o . . 150,000 252,789 1,848,546 10 0 _____ 6 276 124,869 2,582,124 1 T io ga Tru st C o ____ 125,000 50 _____ 1| 1 2 U nited Sec L I A T . 1 ,0 0 0 .0 0 0 1 , 1 2 1 , 8 6 6 6,408,608 10 0 .1 18 1 W est End Tru st Co 2 .0 0 0 .0 0 0 2,252,297 17,581,156 10 0 ......... 1 300)4 W est P hila T A T C o 949,851 7,964,067 500.000 50: _____ 1 2 2 1 State In s ti| tutions P it t s b u r g h — A p r. 9 ’ 25 A llegheny V al Bank 211,104 3,192,224 1 0 0 ,0 0 0 50 A ll N ations D ep B k 75.000 114,131 2,132,414 A m State Bk of Pitts 2 0 0 ,0 0 0 63,231 1,190,889 Anchor Sav B a n k .. 694,637 4,206,948 150,000 50 240 1 Arsenal B an k_____ 1 0 0 ,0 0 0 311,065 1,532,779 50 Bank of P lt t s b .N A 3,000,000 4,856,303 50,698,745 50 13414 B k o f Secured Savs. '209,922 2:642,674 125.000 88 50 Braddock N a t B k . . 500,000 716,689 12,926,216 Citizens Sav B ank. 809,182 9,023,536 150,000 C ity Deposit B an k. 2 0 0 ,0 0 0 1,627,928 15,851,992 30 Columbia N a t Bank 600,000 1,408,694 10,944,615 10 0 D iam ond N a t Bank 600,000 2,155,703 18,195,837 10 0 340 D ollar Savings Bank 2,833,549 37,156,212 Duquesne N a t Bk 906,045 8,620,319 10 0 500,000 20 0 Exchange N a t Bank 750.000 1,052,817 8,747,037 90 50 Farmers D ep N a t . . 6 , 0 0 0 ,0 0 0 4,174,615 54,201,290 140 Farmers Depos Sav 500,000 1,075,220 12,404,802 sn IOO F ifth Avenue Bank 1 0 0 ,0 0 0 204,981 2,319,713 First N Bk o f B lrm . 248,651 2,182,317 too; 1 0 0 ,0 0 0 First N ational Bank 5.000.000 7,572,129 67,238,643 10 0 257 Fourteenth St Bank 282,970 5,030,985 2 0 0 000 Freehold B an k____ 2 0 0 ,0 0 0 1,091,417 1,953,993 10 0 H ighland N a t Bank 2 0 0 ,0 0 0 216,862 2,569,800 H om ew ’d Peop Bk 135,115 3,756,459 1 0 0 .0 0 0 50 Iron A Glass D o l Sav 172,700 518,478 3,982,515 10 0 Keystone N a t Bank 600,000 1,214,514 8,463,756 10 0 2 2 0 Ma'nufact’ rs Bank. 321,894 1,413,388 1 0 0 ,0 0 0 50 M arin e N a t B an k. . 307,943 2,520,025 10 0 12 0 300,000 140 M ellon N a t B a n k .. 7,500,000, 6,844,814 153234593 10 0 M etropolitan Sav Bk A T r C o ____ 72 200,000! 17,585 2,280,922 ioo M onongahela N B k 1,000,000 2,311,165 15,645,033 10 0 310 200 000! 567.316 6,722,717 10 0 N a t Bank of A m e r. 1 0 0 OOO 176.280 2:315,039 -6 0 140 Ohio V a lley B an k. . Pennsylvania N Bk 200.000 322,636 1,725,551 !0 0 Penn Savings Bank 198,345 2,150,018 1 0 0 ,0 0 0 50 Pittsb State B an k. 30,225 i;2 22 ,346 1 0 0 ,0 0 0 Second N a t B a n k .. 300,O C 1,162,680 6,906,332 O T h ird N a t B ank___ 390,112 3,405,737 500.00C 00 105 Union N a t B ank___ 2 .0 0 0 ,0 0 0 5,598,496 24427,779 00 350 Union Savings B k . 1 , 0 0 0 ,0 0 0 i;754,852 29,142,792 "1 0 Western S A D B k . 522,404 3,358,562 250,O C O 50 Allegheny Trust Co 00 873,898 6,065,630 700,O C O 195 Bloom field T r C o . . 1 2 3 ;000 83,597 1,686,402 Colonial Trust C o . 2 ,0 0 0 ,0 0 0 4,311,494 20,694,707 20 0 50 190 C om ’w ealth T r C o . 1,500,O C 1,552,111 11,492,850 O oc 2 1 0 220 Continental T r C o . 309,315 1,669,309 450. O C O Of u 310 D ollar Sav A T r Co 1.000.O C 1,665,701 12,284,673 O D orm ont S A T Co 125,000 63,800 fll.500.000 East End Sav A T r 304,977 “ 9:918,141 270,000 Farmers Depos T r . 1,320,001 636,107 509,437 Fidel T itle A T r Co 2 , 0 0 0 ,0 0 0 6,026,244 17,093,656 10 0 400 Franklin Sav A T r . c274,513 3,531,471 175,000 as H a zlew ’d S A T Co 238,483 2,949,584 10 0 130 165,400 H ill T o p s A T C o . . 236,277 2,877,489 150,000 50 ______ Manchester Savings Bank A Tru st Co 250,001 313,971 3,108,858 83 50 M erch Sav A T r Co 125,001 77,001 1,462,857 60 51 M etrop olitan T r Co 2 0 0 ,0 0 0 e72|095 1,643,323 10 0 _____ O akl’ cf Sav A T r Co _ 300,000 377,181 5,301,030 1 0 c Peoples Sav A Trust Cb of Pittsburgh. 3 ,0 0 0 .0 0 0 8,314,632 22,106,667 330 People’s Tru st Co 299,111 2,374,432 ioc 275 250,O C O P it ts b u r g h D ep ____ T itle A Trust Co 125,001 15,421 1,018,09E Pittsburgh T r C o .. 2 , 0 0 0 .0 0 1 2,558,801 15,390,36' 101 2 2 0 P o tter T itle A T rC c 500,O C O '517,896 6,507,55C 10C ______ P rovid en t Tru st Cc 218,556 1,345,488 1 0 c ______ 150,O C O R eal Est S A T r Cc 136,506 4451,087 IOC 10 0 400,O C O South H ills T r C o .. 125,001 1 198,876 1,758,89G 1 0 c Penn T r C o ________ 507,907 6,484,60E 1 0 C 400,001 125.001 66.265 Term inal Tru st C o. '532,66f U nion Tru st C o . . . 1,500,000 45,131,261 13315794E ioc14000 W ashington T r C o. 350,000, 1,303,03$ 8,269,85“ 101 1 500 550 W est E n d 8 B A T i 125,000 640,09' 4,394,6711 5l 1 125.000 143.015 1.191.474 W illia m Penn T r C< W orkingm an’ s Sai 1 100.000 1,635,821 112.290.617, SO . . 900 Bank A Tru st Cc • Sale price o C apital paid ia ; authorized amount Is larger. 6 C apital to be Increased. g M erged w ith P eop le’s Tru st C om pany, d Last sale a year ago. • June 30 1924. t Ex-dlv 1 Last sale. • Includes N in th T . A T . C o. h N e w stock, r Sold w ith N in th N a t. Bank, n N om in a l. t A p r. 6 1925. « Sept. 19 1924. e D e c . 31 1924. May, 1925.] BAKES AND P E N N S Y LV A N IA (Concluded). — C a p ita l. Reading— 8 u r p lu s A P r o fits . S ta te B a n k s A p r . 63 T R U S T C O M P A N IE S TBNNESSEB — 9. N a tio n a l banks A p r . 6; S ta ts Surplus A D e p o s its . P a r. $ * $ 400.020 1,302,827 7,072,245 3C 100.000 354,931 1,325,153 10C 200.000 25 994,503 2,468,668 300,000 891,571 6,022,550 10C 300,000 s l , 386,576 8,859,472 10C 300,000 1,048,464 2,280,899 10C 861,064 6,995,344 1C 730,000 1C 800.000 0279,367 3,209,787 1.000,000 2 , 208,501 12,235,969. 10C 800.000 1,096,716 2,334,043 100 Farmers’ N a t Bank Keystone N a t Bank N ational Union Bk *enn N a t B an k___ Beading N a t Bank. Second N a t B a n k .. Berks C o Trust C o . Colonial Tru st C o . Pennsylvania T r C o Reading Tru st C o . S c ra n to n — Bosak State B a n k .. 500,000 658,038 5,368,967 County Sav B an k . . 400,000 o596,390i 8,236,051 Electric C ity B an k. 0140,213 1,454,660 80,000 First N ational Bank 1.800,000 3,124,984 33,480,566 Green Ridge Bank. 068,742 697,294 30,000 Keystone Bank____ 123,000: ol46,524 1,397,143 North Scranton Bk 200,000 0138,203 2,836,734 Providence B a n k .. /166,813 1,552,424 75.000 Peoples Sav A Dim e Bank T r C o ____ 1,000.000 ol,410,735 15,510,185 South 81de Bank___ 200.000 0258,279 2,697,436 Third N a t B ank___ 400,000 1,280,741 9,783,445 Traders’ N a t B an k. 300,000 1,020,660 9,485,541 Union N a t B ank___ 500.000 0310,495 3,468,253 120,000 0300,785 2,834,757 West Side B an k___ Anthracite T r C o . . /272,647 3,740,379 350,000 Lincoln Trust C o . . 500.000 0225,666 2,593,862 W ilk e s -B a r re — 354,612 3,404,261 Dime Bk T it A T r Co 200,000 First N ational Bank 943,993 7,471,371 375,000 Hanover Bk A T r . . 125,000 0135,324 1,421,470 Miners’ Bk of W -B . 2,000,000 4,272,269 17,470,812 Penn Bk A T r C o . . 200,000 0265,861 2,492,222 3econd N a t Bank . 1.000.000 2,674,750 10,256,511 So Side Bk A T r Co 125.000 0107,616 1,834,840 Union Sav B k A T t 250,000 0101,156 1,507,507 W-B D ep A Sav Bk 300.000 0625,894 5,296,726 988,157 5,147,080 Wyoming N a t Bank 500,000 W yom ing V al T r Cc 350.000 1,329,283 7,012,641 W illia m s p o rt— i lrst N ational Bank 300,000 0513,356 3,708,424 Lycom ing N a t Bk 200.000 0412,959 1,484,583 West Branch N Bk 300.000 1,976,757 5,583,224 Williamsport N Bk 280,000 0342,196 1,175,022 Northern C entral Tr C o_______________ /424,678 3,373,105 300,000 Susq Trust C o _____ 7664,868 3,213,331 500,000 Y ork — Central N a t Bank 200.000 0152,749 1,240,375 D rov A M ech N Bk 100,000 0273,515 1,833,837 First N ation a i Bank 300.000 0448,882 5,045,212 325,923 2,352,091 Western N a t Bank 225,000 York C o N a t Bank 0800,363 2,994,246 300,000 York N a t ’l Bank 536,730 3,078,220 500,000 C itiz Savs A T r Co. 500,000 0110,925 2,366,718 449,407 3,093,288 Guar T r C o of Y ork 425.000 Y ork Trust C o ____ 425,759 3,181,050 300.000 B id . Per 150 445 140 390 420 395 32 22 440 300 Per 155 450 145 400 425 400 35 23 455 310 sh a re. 50 185 100 400 50 115 100 615 50 135 50 115 5 (1 200 50 175 100 50 100 100 100 50 50 100 410 185 500 475 175 140 216 197 Per 50 100 50 50 100 100 50 100 50 50 50 165 285 105 158 225 315 105 148 310 137 205 100 100 100 100 275 300 525 235 Per C a p ita l. Ask s h a re . 415 220 203 s h a re 300 108 163 230 320 110 152 325 142 215 sh a re. 375 300 530 235 Chattanooga— A m er T r A B kg C o . Chattanooga 8 B k . & T r Co . . First N ationai Bank First T r & SavBank H am ilton N a t Bank H am ilton T r & 8 B K n o x v ille — C ity N ation al Bank East Tenn N a t B k . East Tenn Sav B k . Holston N a t B an k. T h ird N a t B an k___ U nion N a t B an k___ M em ph is— Bank of C o m A T Co Cent State N a t B k . Columbia Sav Bank Exchange Bk & T r . First N ationai Bank A m er S B A T ru st. F id e lity B k A T r C o L ib e rty S Bk A T r . M an Sav Bk A T r . Solvent S Bk & T r . State Savings Bank Union & Planters’ Bank & Tru st Co N a s h v ille — Am erican N a t Bank Am erican T ru s t___ B roadw ay N a t Bank Central N a t Bank. Commerce-Union Bk F o u rth * Is t B A T Co Fourth & First N B Tennessee H erm it age N a t B an k___ N ash ville Trust C o P r o fits . A p r . 6. P a r. $ 2,613,217 100 750.000 1,000 000 500,000 1.500.000 250.000 614,273 5,522,750 1 .146.253 16.414.649 n91>55 1.13L303 756.458 14.234.755 164,510 3,574,953 600.000: 1,000.000 200.000 500.000 300,000 500.000 0545,594 11,017,673 795,763 7,013,685 118,231 3,571,770 0349,456 3,466,000 266,761 1,977,394 0202,798 5,409,442 B id . Ft, ih a r t - 100 100 100 100 100 % 500,000 % 549,679 in s titu tio n s C ro s s D e p o s its . Per 3,000,000 2,184,963 31,780,689 600.000 676,739 9,239,709 100.000 38,262 752.437 34,333 2,212,625 300,000 759,335 7,854,549 500.000 96,542 1,941,961 100.000 6100,000 1,121,274 1,000,000 160,839 3,936,806 200,000 150.000 198,562 4,214,331 722,977 100,000 100.000 75,004 1,391,380 50,000 2,500,000 1.500,000 500,000 300,000 300,000 500,000 450.000 1.500.000 300.000 350.000 anks 342,339 30,519,604 1,223,377 19,451,322 235,104 4,485,776 319,555 3,956,229 109,498 2,261,293 304,205 6,439,829 151,588 9,090,064 1,572,405 19,371,867 071,094 468,590 1,317,517 4,218,779 100 225 100 230 100 100 180 100 165 100 165 P 100 352 100 255 100 161 f k1 / 250 <52 200 200 175 s h a re . 357 100 mni 100 100 100 10 100 272 250 85 100 110 112 100 100 100 ’.00 100 100 100 Per 300 300 260 149 190 305 305 share. 110 110 275 153 200 312 312 100 100 100 245 105 250 545 8 300 275 91 205 to A p r. 6; State institutions A p r. 6. A u s tin — sn a re * American N a t Bank 300,006 726,481 8,976,697 101 265 Austin N a t Bank300,000 225 225 727,059 8,764,197 101 250 100 Citizens State Bank 125,000 34,064 2,947,547 50 1123* 115 P e r s h a re . Texas Bank & Trust 200,000 60,975 2,767,707 State N ational Bk 100,000 76,757 2,282,044 101 215 100 130 Per s h a r e . B ea u m o n t— 100 250 Am erican N a t Bank 100 180 250,000 472,981 4,979,165 101 300 C ity N a tl Bank . . . 100 177 250,000 90,545 2,343,420 101 125 408,332 6,600,182 100 225 First N ational Bank 20 60 400,001 25 250,000 Texas N ational Bk 75,296 3,801,158 100 120 48 125 25 Per s h a r e . D a iia s— 323* Am Excb N at Bank 4.000.001 2,625,932 43,673,257 101 280 25 5 2 y3 300 199,541 3,517,691 100 100 50 100 500,000 105 ......... Central N a t ’l Bank C ity N ational Bank 3,000.000 1,473,627 32,597,198 101 295 300 500.000 M ercantile B A T Co 215,173 8,475,095 10C 1373^ 140 RHODE ISLAND — N a t i o n a l b a n k s A p r. 6; S ta te i n s t i t u t i o n s Feb. 26. Dallas N a t B a n k .. 500,000 156,598 5,813,954 10< 135 Republic N a t Bank 2,000,000 891,999 20,638,508 10C 150 160 150.000 N a t Bk of C om m ’ce 359,884 4,304,808 10C 270 P e r s h a re . Newport— Southwest N a t Bk 2.000.000 114,817 9,823,795 10C 50 60 Aquidneck N a t B k . 200.000 172,017 2,270,311 50 •93 Central T r A Sav Bk 200,000 65,214 1,107,227 870,009 N a t Exchange Bank 0121,057 80 180 100,000 D allas T r A Sav B k 1,000,001 392,433 4,368,932 101 145 14733 538,264 N ew port N a t Bank w75,385 91 120.000 60 93 R epubllcTrA SavB k 500,000 115 85,525 6,214,518 — 125 316,521 2,464,931 100 135 N ew port Trust C o . 300,000 150 El Paso— P e r s h a re Providence— First N ational Bank 1,000,000 289,109 11,221,210 10C 150 170 25 600,000 846,133 3,218,122 60 Blackstone Can N a t 300,000 198,322 10,681,054 10( 250 State N a t B an k___ 305 Columbus Excb Bk 50 200.000 0118,088 2,501,789 350,001 A m er T r & Sav Bk 39,828 3,558,399 10C 50 75 95 High Street B a n k .. 50 120.000 " 187,781 2,232,349 F ort W o rth — P e r s h a re . Mechanics’ N a t Bk 312,874 5,974,1951 50 60 500,000 Continental N a t Bk 750,001 196,118 9,062,296 10C 100 110 Merchants’ N a t Bk 1,000.000 1,658,412 9,634,650 50 108 Farm A M ech N Bk 1,000,000 354,895 14,320,362 10C 140 150 N at Bank o f Com m 50 80 850,000 1,215,410 6,930,522 First N atlonalB an k 1,000,000 751,661 19,235,535 100 250 300 N at Exchange Bank 1,250.000 1 .168.965 16.346.395 100 154 F t W orth State Bk 100,000 nl4,600 90 600,000 10C 100 Phenix N a t Bank .. 450,000 1,215,472 2^454,447! 50 108 F t W orth N a t Bank 600,000 1,561,107 18,634,634 10C 400 440 Providence N a t Bk 500,000 1,378,184 2,491,373 100 230 Stockyards N a t Bk 200,000 113,569 3,485,655 10C 250 300 Industrial Trust Co 4.000.000 8,794,336 111686443 100 330 Texas N a t ’ l B an k .. 400.000 254,063 5,339,792 10C 275 300 Lincoln Trust C o . . 25 128,261 895,989 125.000 G a lv e s to n — P e r s h a re . Rhode I Hos T r C o 3.000.000 6,411,656 80,319,426 1000 4250 200.000 C ity N ational Bank 237,272 7,797,339 10C 175 185 Union Trust C o ___ 1.000.000 815,096 19,520,533 100 150 First N ational Bank 200.000 258,080 3,162,060 101 195 205 P e r s h a re . Woonsocket— Sou Texas N a t ’ l Bk 400,000 172,493 5,182,587 100 V ------Citizens’ N a t Bank 48,020 1,041,315 100 110 100,000 U S N ation a l Bank u 1,000,000 101,971 14,556,429 100 100 110 92,977 45 823,088 25 47 National G lobe B k . 100,000 H o u s to n — A'< m i n n l (West Producers’ N a t B k . 339,457 2,621,790 200,000 20 35 Citizens State Bank 100,000 410,042 100 05,229 85 95 First N ational Bank 2.500,000 896,656 33,555,814 10! 235 250 200.000 G uaranty N a t Bank 103,505 1,633,701 101 160 170 SOUTH C A R O L I N A — N a t i o n a l b a n k s A p r. 6; S ta te i n s t i t u t i o n s A p r. 6. G u lf State B an k___ 100,000 23,716 1,030,908 C h a r le s to n — P e r s h a re . Houston N a t Bk 600.000 822,735 10,696,539 iOi 175 200 A tlantic N a t Bank. 120,797 3,089,381 100 157 Second N a t B k ____ 1,000,000 200,000 870,273 13,686,147 IOC 236 240 A tlantic Sav Bank. 432,916 4,613,700 100 276 N a t Bank o f Comm 500.000 200,000 300 635,757 9,565,354 101 265 275 Public N a t B a n k .. 300,000 Bk o f Charl’ n .N B A 1.000,000 727,408 8,380,297 100 160 170 43,119 2,354,671 10C 100 110 Carolina Sav Bank. 181,404 2,650,664 100 225 200.000 250 State N a t B an k___ 400,000 112,106 6,316,996 100 165 185 Exch Bkg A T r C o. 200,000 89,333 1,539,843 100 172 Union N a t B an k___ 1.000,000 1,013,302 16,519,578 10C 220 230 First N ationai Bank 364,424 2,453,929 100 300 200,000 325 Sou Texas Com m er M iners A M erch Bk 50,000 422,808 100 125 130 33,155 cial N a t B an k_ _ 1,000,000 1,449,174 25,000,254 100 825 350 People s N a t Bank. 1,000,000 306,072 6,722,150 100 105 Guardian Trust Co 300,000 110 420,292 2,548,196 100 285 305 Houston Land A T t 1,000,000 Security Sav B ank. 50,000 18,461 1,948,001 100 225 250 486,793 4,062,345 100 150 So C ar L ’n A T r Co 906,048 100 100 125 M arine Bank & T r . 300,000 100.000 42,628 77,183 2,199,292 San Jacinto T r u s t.. 300,000 169,995 2,479,213 10C 160 170 Greenville— Stat e b a n k s A p r. 6. San A n t o n io — P e r s h a re Am er Bk A T r C o . . 225,000 32,376 1,511,761 100 105 A lam o N a t B an k.. 1,000,000 403,446 8,633,515 100 Bank o f Com m erce 300,000 0157,866 1,104,732 100 113 115 C ity N ational Bank 1,000,000 248,600 13,278,746 100 50 m ___ 50 Com m ercial N a t Bk 200,000 Farmers A M e r B k . 25,000 02,743 341,323 28,054 1,718,674 100 Firs* N ationai Bank 263,932 1,679,797 100 230 Frost N ationai Bank 1,000,000 200,000 626,897 9,255,333 100 N orw ood N a t B k . . Groos N a t Bank_ _ 250,000 0465,602 5,986,572 100 300 250.000 145,923 1,806,074 100 312 Guar Bond StateBk Peoples N a t B k ___ 200,000 0365,515 2,792,173 100 304 200,000 183,590 4,235,894 100 Piedm ont Sav A T r 73,513 1,728,335 Lockw ood N a t B k. 200.000 50,000 377,410 2,544,776 100 122 W oodside N a t B k _ . 079,122 3,030,764 100 119 N a t Bk o f C om m ’ce 600,000 250^000 285,284 4,865,725 100 Spartanburg— Sam Houston St Bk Am erican N a t B k . . 681,380 100 170 175 & T ru st_________ 100,000 150,000 0 135,522 17,215 478,738 100 c55,000 1,000,000 100 150 155 500,000 Bank o f C om m erce 100,000 San A n ton io N atB k 214,760 2,751,072 100 111 Carolina Nat Bank. 200,000 057,368 1,059,274 100 108 C entral Trust C o . . 200,000 48,083 3,243,593 100 170 C entral N a t B an k. 323,205 2,619,147 100 165 C om ’w ’lth B A T Co 300.000 138,521 3,055,970 100 400,000 80 300,000 D ollar Sav B an k___ 514,939 100 75 Texas State B k A T r 100,000 cl7,068 45,993 2,742,902 100 First N ational Bank 155 W aco— 247,648 3,146,149 100 150 500,000 P e r s h a re . 240 M er A Farm B an k. cl31,801 904,873 100 235 C itizens’ N a t Bank 250,000 247,967 3,022,744 100 200 100.000 210 501,075 100 155 Southern Tru st C o . 031,426 First N ational Bank 1,000.000 60 000 414,336 9,000,210 100 210 220 First State B A T Co 300,000 69,970 1,981,086 100 105 125 L ib e rty N a t Bank. 300,000 191,247 3,216,140 100 170 190 N ational C ity Bank 100,000 41,638 473,328 100 90 100 Provident Nat. Bk 300.000 243,001 3,226,177 100 210 220 •S a le price, a C apital and surplus to be increased, b July 15 1924. c June 30 1924. d N o w C entral N ation a l Bank, k C apital to be Increased, p Am ount paid in * Ex-dividend, v Closely held. I Last sale. » M a r. 31 1924. a Including First Savings Bank A Trust C o. stock • Sold with First N ation al Bank. Includes trust funds. u Succeeding Texas Bank A Trust Co t Ex-rights. J Includes American Tru st Co. / S e p t. 19 1924. m Present stock represents anticipation in one-half original capital, g D ec. 31 1924. 64 U TAH — BANKS AND N a tio n a l banka A p r. 6; C a p ita l. S ta te i n s t i t u t i o n » M a r. O ro s s S u r p lu s < fc P r o fits . D e p o s its . O gden— Com m ercial N a t B k N a t Bank o f Com m First U tah Sav B k . Ogden State B an k . Security State Bank First U tah N a t B k . % 100.000 250.000 250,000 100.000 160,000 800,000 $ $ 119,287 1,296,476 58,149 2,198,160 192,053 3,321,322 e293,003 7,057,475 e50,392 1,251,372 140,271 4,820,093 S a lt L a k e C it y — Continental N a t Bk Deseret N a t B an k . Deseret Say B an k. N ational C opper Bk Utah State N a t B k . Utah Say & T r C o . W alker Bros, B ’kers Sion Say B k A T r C o 600.000 800.000 800,000 300.000 800.000 300,000 850,000 1.000,000 166,447 11,350,395 667,124 4,684,316 271,620 6,162,945 126,748 5,968,254 402,524 9,776,884 164,214 1,804,820 598,596 20,333,922 806,952^11,149,541 VER M O NT— W E S T V IR Q IN IA — 27. P a r. A «i. B id . 100 175 100 100 100 255 100 600 100 90 100 150 200 105 255 95 155 P e r s h a re N a tio n a lb a n k s A p r . B a rre— 100 100 100 100 100 100 100 100 140 275 201 150 186 140 240 250 125 271 200 130 182 134 235 245 6. 75,000 100,000 100.000 70,000 2,367,942 dl20,267 3,110,370 d47,233 1,624,090 100 100 100 B u r lin g t o n — Chittenden C o T r . . H ow ard N a t B an k. M erchants N a t B k . Burlington T r C o . . 125,000 500.000 150,000 250.000 <1162,483 3,129,812 326,323 2,232,182 o214,000 <1463,000 <1471,411 5,035,562 180 100 40 100 P e r s h a re . 150 125 60 150 M o n tp e lie r — C ap ita. 8 B A T r Co First N ational Bank M ontp elier N a t Bk M o n tp ’r S B A T C o 100.000 100,000 150.000 100.000 <1175,515 2,760,829 76,962 2,251,423 el47,198 1,964,558 226,533 4,598,848 R u t la n d — Baxter N a t B an k__ Clem ent N a t B an k . K illin gton N a t B k . Rutland C o N a t Bk R u tland Tru st C o . 100.000 100.000 100,000 100.000 100,000 e94,000 548,000 e204,726 2,603,000 <1118,622 400,566 121,926 1,278,928 <1113,601 1,276,118 200 100 165 100 125 100 125 100 350 100 185 100 260 100 130 100 125 100 200 V IR Q IN IA — P e r sh a re . W A S H IN G T O N — Spokane— American B a n k .. Exchange N at B k . F id elity N a t Bank Old N ation a l Bank Spok A E ast T r C o . W ashington T r C o Tacom a— N a t B k o f T a co m a . P u get Sd N e t Bk 6; 1,346,154 973,465 695,305 84,387 383,937 1,000.000 1.200,000 1,000,000 i.oon.ooo 1,000.000 600.000 821,482 5,582,144 1,561,814 16,389,570 1,024,892 6,456,726 1,391,112 10,851,873 754,662 7,231,560 262,084 3,903,479 5,595,432 3,999,046 3,308,053 735,306 2,595,535 1,000,000 600,000 1,000.000 el70,906 208,643 e236,805 3,387,640 3,137,921 3,873,656 500.000 250.000 250.000 300.000 500,000 128,947 125,385 44,955 254,770 227,205 2,928,385 1,055,629 563,790 3,018,377 2,941,213 1.000,000 500.000 300,000 1,000.000 2,000.000 200.000 1,000.000 946,216 16,573,275 632,287 3,953,836 e90,000 1,853,059 814,950 7,284,813 2,628,386 25,546,776 el5 1 ,068 1,695,709 1,479,197 16,784,051 1.200.000 e l,492,871 15,949,207 1,000.001 e2,002,207 15,732,677 e429,592 2,019,194 200,001 e966,921 2,315,017 500.000 el64,445 1,486,770 100.000 400.000 el90,000 1,200,000 e253,260 3,170,012 1.000,000 1.000,000 1,371,230 5,377,972 10C 285 100 220 100 245 100 100 Per 100 235 100 300 100 197 100 230 100 196 100 175 Per 100 100 100 100 125 120 100 125 share. 260 240 131 260 285 25 59 100 25 105 50 2.5 80 10 100 100 100 425 B id . 108,556 100 600,000 362,500 100,000 e249,653 523,660 500,000 625,320 500,000 200,000 d l 19.000 el84,764 100.000 750.000 2,090,883 300,000 d315,089 5,937,731 2,598.275 4,614,007 5,520,761 1,466,000 1,702,593 15,428,793 3,426,071 100 100 100 100 100 100 100 100 145 245 165 215 135 225 325 210 645,211 7,049,238 100 6. Ash. short 225 240 9 d 800,000 N a tio n a lb a n k s A p r . 6; Per S ta te in s t i t u t i o n s A p r . 1 140 _____ 6. L a C rosse— B atavian N a t Bank Exchange State Bk N a t Bk o f LaCrosse Security Save Bank State Bk of L a C r ’se 400.000 60,000 600.000 60.000 100.000 421,420 36,343 499,368 36,541 131,624 4,079,750 839,036 5,055,413 1,047,542 2,166,687 M ilw a u k e e — Badger State B an k. B ay view C om A S B C ity B an k.......... .. F'rst Wisconsin N B Grand & 6th N a t B k A uiei N a t’ l B a n k .. M arine N a t B a n k .. Marshall A Ilsley Bk MeT A Farm S ta te. M e r & M anufac Bk M ilw C om m ’l Bank N a t Bk of C om m ’ce N a t Exchange Bank Second W ard Sav B W est Side B ank___ N orth A v e S tate___ First W ise Tru st C o 200.000 100.000 300.000 6.000 000 200.000 1,000.000 500.000 1.000.000 200.000 400.000 100.000 1.000.000 600,000 1.000.000 400.000 200.000 800.000 e225,081 42,601 65,719 4,796,449 e50,000 318,548 1,359,108 2,839,107 132,556 242,064 41,327 573,241 858,175 2,622,324 e521,853 125,224 1,122,982 5,688,197 2,265,680 2,458,654 89,902,515 354,000 11,246,885 11,431,208 22,533,132 2,803,450 2,606,041 1,842,656 10,150,421 9,453,146 35,304,481 3,499,132 2,981,186 2,635,741 i 100 150 100 176 100 108 100 209 short 100 215 100 150 100 225 100 150 100 210 W Y O M IN G — C heyenne— American N at Bank Cheyenne State Bk Citizens N at B ank. First N ational Bank Stock Growers N B Per Per N a tio n a lb a n k s A p r. lo o 100 100 100 100 100 100 100 100 100 100 100 short 180 118 268 215 112 141 141 210 175 170 6. Per s h o rn ____ 154,469 875,119 23.975 168,937 1,776.118 100 1 Falle d 211,621 5,768,489 100 [July 9 1924 91,529 .3,800,655 1 0 0 ........... 250.000 100.000 loo.uoo 200 000 400,000 C A N A D A . R e tu rn s a re a ll o j date Feb. 28 1925. C a p ita l P a id i n . 200.000 400.000 500.000 760,000 e51,654 964,295 e740,425 6,791,955 e684,095 11,434,739 el65,013 1,248,150 180 180 S ta te i n s t i t u t i o n s A p r . p e r ce n t, 95 D e p o s its . P a r. B id . ill. n o t p e r sh a r e . * H a lifa x — 9 $ Bank of N o va Scotia 10,000,000 19,500,000 174078 532 Per c e n t. 100 263 1 290 170 85 15 102 450 100 90 100 400 100 400 20 22 R e s e rv e Fund. P r ic e s a re 60 370 100 100 6; P a r. 8 2,051,790 % 100,000 130 Pei 100 255 100 220 100 128 100 235 100 280 100 185 100 275 el78,145 1,840,802 e278, 00 3,202,865 A p r. 225 252 H 135 360 share. 240 305 202 236 200 180 share. 115 S ta te in s t it u t io n s A p r . O rost D e p o s its . S u r p lu s db P r o f i t s . 10 2. N O V A S C O T IA . 300,000 600,000 O N T A R IO . T o ro n to — Bank of T o r o n to .. 05.000.000 6.000.OOP 76,989,077 Can Bank of Com m 20,000,000 20,000,000 371025313 Dom inion B an k___ 6.000 000 7.000.001 81,374,493 Im perial Bk. of Can 0 7 non nno 7 son on< 83,836,492 Standard B an k____ 4,823,400 2,900,000 62,923,269 Per 100 100 100 100 50 198 184 174 eenl. 199 198 197 Hi 185 24 6. Per QUBBEC. s h a re 875,526 4,736,712 37,025,691 15,085,416 5,047,849 6,200,805 22,495,416 5,211,984 4,789,625 25,912,444 2,166,155 2,453,630 100 100 100 100 100 100 100 100 100 100 100 100.000 200.000 1.000,000 500,000 1.200.000 1.000,000 200,000 67,103 2,084,717 69,569 2,062,724 288,770 10,544,194 134,085 3,997,724 347,385 20,243,790 452,753 9,937,074 131,825 1,698,844 100 100 100 100 100 100 100 165 175 120 97 175 105 150 125 100 190 110 155 1,000,000 800 ooo 529,566 18,394,894 54,287 3,604,653 100 inn 135 too 400,000 200.000 a , 2 0 0.ooo 500.001 300.000 300.000 1.000.000 500.000 100.00( 1.000.000 600.000 200.000 34,570 748,010 735,322 121,414 322,694 865,727 281,374 123,038 1,100,577 102,600 60,426 202 240 330 140 322 322 170 Per M o n tr e a l— i 1 1 I 29,916,700 29,916,700 616780 679j Bank of M ontreal Banque Canadtenne 6.5UU.0UU 5,ftuu.uuu 93,954,636 P rovin c’ l Bk of Can 3.000.000 1.500.000 31,575,157 R o ya l B k of Canada 20.400.000 20.400.000 468177441 100 z240J^ 100 150 1503^ 100 100 235 M Q u eb e c— Union Bank o f Can 0 8 . 0 0 0 .0 0 0 100 1.760,000 82,533,574 cent 111 50 Per 0 204 245 340 145 325 325 175 285 Per • June 30 1024. * Sale price. Last sale. d M arch 31 1924. k N e w stock. e O c t. 10 1924. 6. S ta te i n s t i t u t i o n s A p r . 1,000,000 1,000,000 500.000 200,000 300.000 N a tio n a ba n ks S e a t t le — Bank for Sayings. C anad’n Bk of Com D exter-H orton N B First N ational Bank M arin e N a t Bank. M e tro p o llt’nNatBfc N a t Bk of Com m 'ct N a t C y Bk of Seatt People s Sav Bank. Seattle N a t B ank. A m Sav Bk A T r Co 125 P e r sh a re. N a tio n a l banks A p r . L y n ch b u rg — First N ational Bank Lynchburg N a t Bk People’s N a t Bank M utual S B k & T r . Lynchburg T r A SB N o r fo lk — Citizens B an k_____ N a t B k o f Com m ’c* Trust C o o f N orf oik N orfolk N a t Bank Seaboard N at Bank Virginia N a t Bank. P e te r s b u r g — Petersburg Say A T r N a t Bk o f Petereb VJrrlnis N a t Bank P o rts m o u th — A m er N at Bank___ Bank o f T id ew ater. Citizens Trust C o . . First N a t Bank____ M e r A Farmers B k . R ic h m o n d — American N a t Bank Bank of Com A T r B roadway N a t Bk Centra) N a t B k . . First N ational Bank M ech A M ercb Bk M erchants N a t B k. State A C ity Bank A Tru st C o ........ Planters N a t Bank Say Bank of Rlchm Union Bk of Rlchm W est End B a n k .. Federal Trust C o . Richm ond Trust Co Vlrv'nlB TTust C o. R o an o k e— American N a t Bank Colonial N a t Bank. D a y A N igh t Bank o f R oanoke____ First N at Bank. N a t Exchange Bank M ountain Trust Bk W h e e lin g — C entre W heel’g Say C ltiz e n s ’ -M utual _ Tru st C o . . H a lf-D olla r Say Bk N a t Bank o f W V a . N a t Exchange Bank C ent Union & T r C o So Side Bk A T r Co D olla r Sav A T r Co Security Trust C o . W heeling Bank A Tru st C o ________ 6; N a tio n a l b a n k s J A p r. C a p ita l. W IS C O N S IN — P e r sh a re . P e op le’s N a t B an k. Quarry S B k A T C o . [ V ol . T R U S T C O M P A N IE S s h a re s h a re SASKATCHEW AN. W eyb u rn — W e yb u m Secur B k . 624.660 226.000 3,103,432 100 150 125 Th is Is capital paid In; authorized amount Is larger. z E x -dlvld en d . • D eo . 31 1924,