Full text of Rand McNally Bankers Directory : Final 1938 Edition : Investment Bankers Association, Stock Exchange Members

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INVESTMENT BANKERS ASSOCIATION OF AMERICA
BOARD OF GOVERNORS
PRESIDENT
Francis

E.

Boston

Frothingham

GOVERNORS
Allan

M.

GOVERNORS

New York
Boston Corporation
Joseph P.
New York
VICE PRESIDENTS
Brown Harriman & Co., Incorporated
Thomas W. Gregory, Jr.
Houston
Hearn W. Streat
New York
Gregory - Eddleman Company
Bancamerica-Blair Corporation
T. Weller Kimball
' Chicago
Francis T. Ward
New York
Glore, Forgan & Co.
Clark, Dodge & Co.
James J. Minot, Jr.
Boston
Edward B. Hall
Chicago
Jackson & Curtis
Harris, Hall & Company
Sidney J. Weinberg
New York
Francis F. Patton
Chicago
Goldman, Sacks & Co.
A. G. Becker & Co.
Jean C. Witter
San Francisco
P. A. Walters
Chicago
Dean Witter & Co.
Stone & Webster and Blodget, Inc.
Charles S. Cheston
Philadelphia
Smith, Barney & Co.
EXECUTIVE VICE PRESIDENT
D
evereux
C.
J
osephs
Philadelphia
Aldhn H. Little
Chicago
Graham, Parsons & Co.
33 South Clark Street
Emmett F. Connely
Detroit
First of Michigan Corporation
TREASURER
Robert H. Parsons
Los Angeles
D. T. Richardson
Chicago
Pacific Company of California
Albert E. Van Court
Los Angeles
Kelley, Richardson & Co., Inc.
William R. Staats Co.
R
ussell D. Bell
Montreal
GOVERNORS
Greenshields & Company, Inc.
George W. Bovenizbr
NewYork William R. Daley
Cleveland
Kuhn, Loeb & Co.
Otis & Co.
Perry E. Hall
NewYork Royal D. Kercheval
St. Louis
Morgan Stanley &■ Co. Incorporated
The Boatmen’s National Bank
John S. Linen
NewYork Louis J. Nicolaus
St. Louis
Chase National Bankof the City of New York
Stifel, Nicolaus & Co., Inc.
Coffin & Burr, Inc.

Pope
The First
Ripley

Baltimore

Claude W. Wilhide

Baker, Watts & Co.

Boston
Whiting, Weeks & Knowles Incorporated
O. Dorbritz
Pittsburgh
Moore, Leonard & Lynch
Corns Mitchum
San Francisco
Mitchum, Tully & Co.
William H. Brand
Milwaukee
The Securities Company of Milwaukee, Inc.
Yelverton E. Booker
Washington
Y. E. Booker & Co.
Chapman H. Hyams, 3rd
New Orleans
Moore and Hyams
James M. Hutton, Jr.
Cincinnati
W. E. Hutton & Company
John A. Prescott
Kansas City
Prescott, Wright, Snider Company
Ben B. Ehrlichman
Seattle
Drumheller, Ehrlichman & White
John J. Sullivan
Denver
Sullivan & Company
Harold E. Wood
St. Paul
Harold E. Wood & Company
William M. Marshall
Spokane
Spokane and Eastern
Branch of Seattle—First National Bank
John O. Stubbs

Ernest

SECRETARY
Robert Stevenson, 3rd

Chicago

33 South Clark Street

APPOINTED OFFICERS AND COUNSEL
Arthur

G.

FIELD SECRETARY

Davis

Chicago
33 South Clark Street
MUNICIPAL SECRETARY
Dudley C. Smith
Chicago
33 South Clark Street
EDUCATIONAL DIRECTOR
David Dillman
Chicago
33 South Clark Street

ASSISTANT SECRETARY
Mary

R.

Chicago

Lincoln

33 South Clark Street

Theodore

OFFICE COUNSEL
S. Chapman
111 West Monroe Street

Chicago

OFFICIAL REPORTER
George

J.

Chicago

Drobnis

69 West Washington Street

GROUP CHAIRMEN
CALIFORNIA
Robert

H. Parsons
Los Angeles
Pacific Company of California

CANADA
E. Haldenby
Montreal
The Dominion Securities Corporation Limited

R.

MISSISSIPPI VALLEY
Roy

A.

Dickie

Whitaker & Company

N.

Chicago

Whipple

Bacon, Whipple & Co.

EASTERN PENNSYLVANIA
Philadelphia
Drexel & Co.

Edward Hopkinson, Jr.

MICHIGAN
W. Campbell
Detroit
Campbell, McCarty & Company, Inc.

Frederick

Edwin White

Gerald

Boston

Robert

NEW ENGLAND
Harcourt Amory

Smith, Barney & Co.

CENTRAL STATES
Jay

ROCKY MOUNTAIN
L. Schlessman
Denver
Brown, Schlessman, Owen & Company

St. Louis

SOUTHEASTERN
S.

NEW YORK
John

K.

C. B.

McDonald

Starkweather

Starkweather & Co.

New York

James

Cleveland

Harold

D.

Cincinnati
The Weil, Roth & Irving Company

P. B.

St. Paul

Henry J. Zilka

Conrad, Bruce & Co.

Portland

Atlanta

SOUTHWESTERN
Bailey
Kansas City
Commerce Trust Company

OHIO VALLEY
Stanley G. McKie

Baltimore

SOUTHERN.
Jr.
Trust Company of Georgia

R.

TEXAS
Garrett

PACIFIC NORTHWEST

MINNESOTA
Kalman & Company

Alex. Brown & Sons

Robinson,

NORTHERN OHIO
McDonald-Coolidge & Co.

Belknap

Frederic

Dallas

Garrett & Co., Inc.

WESTERN PENNSYLVANIA
P. Mullins
Pittsburgh
A. E. Masten & Company

NATIONAL COMMITTEE CHAIRMEN
BUSINESS CONDUCT
Albert

E.

Emmett

BUSINESS PROBLEMS
F. Connely
First of Michigan Corporation

Van Court

William R. Staats Co.

Los

Angeles

GOVERNMENT AND FARM LOAN BONDS
Robert G. Rouse
New York
Guaranty Trust Company of New York

Detroit

Harold

CONSTITUTION AND BY-LAWS
Louis J. Nicolaus
St. Louis
Stifel, Nicolaus & Co., Inc.

INDUSTRIAL SECURITIES
New York
Smith, Barney & Co.

Karl Weisheit

EDUCATION
Francis F. Patton

A. G. Becker & Co.

Chicago

GROUP CHAIRMEN’S
E. Wood
St. Paul
Harold E. Wood & Company

INVESTMENT COMPANIES
New York
J. & W. Seligman & Co.1

Earle Bailie

FEDERAL TAXATION
James J. Minot, Jr.

Jackson & Curtis

MEMBERSHIP
Boston

P. A.

Chicago

John

FINANCE
T. Weller Kimball

Glore, Forgan & Co.
FOREIGN SECURITIES

New York
Schroder Rockefeller & Co., Inc.

Carlton P. Fuller


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Federal Reserve Bank of St. Louis

Chicago
Stone & Webster and Blodget, Inc.

Walters

MUNICIPAL SECURITIES
S. Linen
New York
Chase National Bank of the City of New York
PUBLIC SERVICE SECURITIES
D. Woods
New York
The First Boston Corporation

George

Edward

RAILROAD SECURITIES
H. Leslie
New York
Wood, Struthers & Co.
REAL ESTATE SECURITIES

Ben B. Ehrlichman

Drumheller, Ehrlichman & White

Seattle

STATE AND LOCAL TAXATION
W. Gregory, Jr.
Houston
Gregory-Eddleman Company

Thomas

STATE LEGISLATION
Jay

N.

Whipple

Bacon, Whipple & Co.

Chicago

TRADING
Boston
Whiting, Weeks & Knowles Incorporated

John 0. Stubbs

SUBCOMMITTEES
DISTRIBUTION
John

H.

K.

Starkweather

Starkweather & Co.

New York

SALESMEN’S COMPENSATION
Philadelphia
H. Vaughan Clarke & Company

Vaughan Clarke

MEMBERSHIP OF THE INVESTMENT BANKERS ASSOCIATION OF AMERICA

1676

ALABAMA
Southern Group

BIRMINGHAM
♦Courts & Co., Woodward Bldg.
♦Equitable Securities Corporation, Webb Craw­
ford Bldg.
♦King, Mohr & Co., Inc., Webb Crawford Bldg.
♦Milhous, Gaines & Mayes, Webb Crawford Bldg.
Ward, Sterne & Co., Brown-Marx Bldg.
Watkins, Morrow & Co., Woodward Bldg.
MOBILE
♦King, Mohr & Co., Inc., Merchants National
Bank Bldg.
MONTGOMERY
King, Mohr & Co., Inc., First National Bank
Bldg.
♦Ward, Sterne & Co., First National Bank Bldg.

♦Massachusetts Distributors, Inc., 621 S. Spring
St.
Miller & Co., Revel, 650 S. Spring St.
♦Mitchum, Tully & Co., 650 S. Spring St.
Moulton & Company, R. H., 510 S. Spring St.
Pacific Company of California, 623 S. Hope St.
Page, Hubbard & Asche, 210 W. Seventh St.
Rath Company, Howard G., 523 W. Sixth St.
Robinson & Co., B. B., 639 S. Spring St.
♦Rogers & Company, Inc., Hartley, 210 W.
Seventh St.
♦Rollins & Sons, Inc., E. H., California Bank Bldg.
♦Schwabacher & Co., 643 S. Spring St.
Security-First National Bank of Los Angeles,
561 S. Spring St.
♦Smith, Barney & Co., 650 S. Spring St.
Staats Co., William R., 640 S. Spring St.
Stern, Frank & Meyer, Union Bank Bldg.
♦Weeden & Co.. 650 S. Spring St.
White, Wyeth & Co., 647 S. Spring St.
♦Witter & Co., Dean, 632 S. Spring St.
♦Woods, Jr., William W., (Representative Mackubin, Legg & Company, Baltimore) 515 W.
Sixth St.

ARIZONA
Rocky Mountain Group

PHOENIX
Hanchett Bond and Investment Co., Inc., H. G.
Security Bldg.
Refsnes, Ely, Beck & Co., 112 W. Adams St.

ARKANSAS
Mississippi Valley Group

LITTLE ROCK
Walton, Sullivan & Co., 509 Louisiana St.

CALIFORNIA
California Group

BERKELEY
♦Cavalier & Co., Wm„ American Trust Bldg.
BEVERLY HILLS
♦Battson & Co., 9470 Santa Monica Blvd.
♦Griffith-Wagenseller & Durst, Bank of America
Bldg.
♦Witter & Co., Dean, 9474 Santa Monica Blvd.
DEL MONTE
♦Schwabacher & Co., Hotel Del Monte
EUREKA
♦Blyth & Co., Inc., 330 “E” St.
FRESNO
♦Bankamerica Company, Bank of America Bldg.
♦Witter & Co., Dean, Patterson Bldg.
HOLLYWOOD
♦Battson & Co., 6381 Hollywood Blvd.
LONG BEACH
♦Bankamerica Company, Bank of America Bldg.
♦Banks, Huntley & Company, Security Bldg.
♦Battson & Co., Security Bldg.
♦Bayly Brothers, Inc. of California, 132 Pine Ave.
♦Bennett, Richards & Hill, Farmers & Merchants
Bldg.
♦Crowell, Weedon & Co., Farmers & Merchants
Bank Bldg.
♦Douglass & Co., Nelson, Farmers & Merchants
Bank Bldg.
♦Harris & Co., F. E., 225 E. First St.
♦Mitchum, Tully & Co., Heartwell Bldg.
♦Pacific Company of California, Security Bldg.
♦Witter & Co., Dean, 133 E. First St.
LOS ANGELES
♦Anglo California National Bank of San Francisco,
The. 215 W. Sixth St.
♦Bankamerica Company, 650 S. Spring St.
Banks, Huntley & Company, 634 S. Spring St.
Bateman. Eichler & Co.. 453 S. Spring St.
Battson & Co., 621 S. Spring St.
Bayly Brothers, Inc. of California, Roosevelt Bldg.
Bennett, Richards & Hill, 621 S. Spring St.
♦Blyth & Co.. Inc., 215 W. Sixth St.
♦Bond & Goodwin, Inc., 621 S. Spring St.
Brashears & Company, G., 510 S. Spring St.
♦Bullock, Calvin, 634 S. Spring St.
California Bank, 629 S. Spring St.
Cass Associates, Quincy, 530 W. Sixth St.
♦Cavalier & Co., Wm., 523 W. Sixth St.
Cavanaugh, Morgan & Co., 634 S. Spring St.
Citizens National Trust & Savings Bank, 457 S.
Spring St.
♦Conrad, Bruce & Co., 634 S. Spring St.
Crowell, Weedon & Co., 650 S. Spring St.
Douglass & Co.. Nelson, 210 W. Seventh St.
Edgerton, Riley & Walter, 621 S. Spring St.
♦First Boston Corporation, The, 623 S. Hope St.
Gregory & Co., R. N., 210 W. Seventh St.
Griffith-Wagenseller & Durst, 626 S. Spring St.
Harris & Co., F. E., 650 S. Spring St.
♦Learoyd & Nightingale, Inc., 621 S. Spring St.
Lewis & Company, M. H., 453 S. Spring St.


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Federal Reserve Bank of St. Louis

OAKLAND
♦American Trust Company, 14th St. & Broadway
♦Baker & Co., H. R., Central Bank Bldg.
♦Bankamerica Company, 1200 Broadway.
♦Bennett, Richards & Hill, Bank of America Bldg.
♦Blyth & Co., Inc., Central Bank Bldg.
♦Brush, Slocumb & Co., 1212 Broadway
♦Cavalier & Co., Wm., 417 Fourteenth St.
♦Schwabacher & Co., Central Bank Bldg.
♦Witter & Co., Dean. 409 Fourteenth St.
♦Wulff. Hansen & Co., Central Bank Bldg.
ONTARIO
♦Lewis & Company, M. H., 112 West C St.
PASADENA
♦Bateman, Eichler & Co., 42 N. Garfield Ave.
♦Bennett Richards & Hill, Citizens Savings Bldg.
♦Blyth & Co., Inc., 14 N. Marengo Ave.
♦Brashears & Company, G., 595 Colorado Ave.
♦Douglass & Co.. Nelson. 34l E. Green St.
♦Griffith-Wagenseller & Durst, First Trust Bldg.
Miller & Co., Inc., Geo. R., 81 S. Euclid Ave.
Pasadena Corporation, 117 E. Colorado St.
♦Rollins & Sons, Inc., E. H., 385 E. Green St.
♦Staats Co., William R., 311 E. Colorado St.
♦White, Wyeth & Co., 53 S. Euclid Ave.
♦Witter & Co., Dean, 355 E. Green St.
RIVERSIDE
♦Battson & Co., Citizens National Bldg.
♦Blyth & Co., Inc., Loring Block
♦Pacific Company of California, 3695 Market St.
SACRAMENTO
♦Baker & Co., H. R., Forum Bldg.
♦Bankamerica Company, Bank of America Bldg.
♦Blyth & Co., Inc., California State Life Bldg.
♦Cavalier & Co, Wm., 1111 Ninth St.
♦Conrad, Bruce & Co., Capital National Bank Bldg.
♦Mitchum, Tully & Co., California Western States
Life Bldg.
♦Witter & Co., Dean, 1014 Eighth St.
♦Wulff, Hansen & Co., Forum Bldg.
SAN BERNARDINO
♦Crowell. Weedon & Co., Andreson Bldg.
♦White, Wyeth & Co., 474 Court St.
SAN DIEGO
♦Bankamerica Company, 625 Broadway
♦Banks, Huntley & Company, San Diego Trust &
Savings Bldg.
♦Bayly Brothers, Inc. of California, Bank of
America Bldg.
♦Bennett Richards & Hill, Bank of America Bldg.
♦Brashears & Company, G., 530 Broadway
♦Griffith-Wagenseller & Durst, First National Bldg.
♦Pacific Company of California, San Diego Trust
& Savings Bldg.
♦White, Wyeth & Co., 530 Broadway.
SAN FRANCISCO
American Trust Company, 464 California St.
Anglo California National Bank of San Francisco,
The, 1 Sansome St.
Baker & Co., H. R., Russ Bldg.
Bankamerica Company, 485 California St.
♦Bennett Richards & Hill, 79 Post St.
Blyth & Co., Inc., Russ Bldg.
♦Brown Harriman & Co., Inc., 155 Montgomery St.
Brush, Slocumb & Co., Ill Sutter St.
Cavalier & Co., Wm., 121 Sutter St.
♦Childs and Company, Inc., C. F„ 235 Mont­
gomery St.
Conrad, Bruce & Co., Russ Bldg.
Crocker First National Bank, 1 Montgomery St.
Davis, Skaggs & Co., 211 Montgomery St.
♦Devine & Co.. Inc., C. J., Russ Bldg.
Eastland & Co., 1 Montgomery St.
Elworthy & Co., Ill Sutter St.
♦First Boston Corporation, The, Russ Bldg.
Heller, Bruce & Co., Mills Tower
♦Lewis & Company, M. H., 315 Montgomery St.
♦BRANCH OFFICE

♦McDonnell & Co., 633 Market St.
♦Mercantile-Commerce Bank and Trust Company,
Russ Bldg.
♦Miller & Co., Revel, 315 Montgomery St.
Mitchum, Tully & Co., 405 Montgomery St,
♦Moulton & Company, R. H., 405 Montgomery St.
♦Rogers & Company, Inc., Hartley, Russ Bldg.
♦Rollins & Sons, Inc., E. H., 235 Montgomery St.
Schwabacher & Co., 600 Market St.
♦Staats Co., William R., 155 Montgomery St.
Stone & Youngberg, 405 Montgomery St.
Weeden & Co., 315 Montgomery St.
Wells Fargo Bank & Union Trust Co., 4 Mont­
gomery St.
Witter & Co., Dean, 45 Montgomery St.
♦Wood, Struthers & Co., Russ Bldg.
Wulff, Hansen & Co., Russ Bldg.
SAN JOSE
♦Baker & Co., H. R„ First National Bank Bldg.
♦Bankamerica Company, Bank of America Bldg.
♦Bennett Richards & Hill, First National Bank
Bldg.
SANTA ANA
♦Cavalier & Co., Wm., 516 N. Main St.
♦Miller & Co., Revel, First National Bank Bldg.
SANTA BARBARA
♦Battson & Co., 831 State St.
♦Schwabacher & Co., 930 State St.
SANTA MONICA
♦Douglass & Co., Nelson, 220 Santa Monica Blvd.
STOCKTON
♦Bankamerica Company, Bank of America Bldg.
♦Witter & Co., Dean, 18 S. Sutter St.
WESTWOOD
♦Witter & Co., Dean, 1077 Broxton Ave.

COLORADO
Rocky Mountain Group

COLORADO SPRINGS
♦Brown, Schlessman, Owen & Company, Exchange
National Bank Bldg.
Hughes and Company, E. W., Mining Exchange
Bldg.
♦Peters, Writer & Christensen, Inc., Mining
Exchange Bldg.
DENVER
Boettcher and Company, 828 Seventeenth St.
Bosworth, Chanute, Loughridge & Company,
Security Bldg.
Brown & Company, Donald F., U. S. National
Bldg.
Brown, Schlessman, Owen & Company, Security
Bldg.
Bulkley and Company, R. G., 1660 Stout St.
♦Bullock, Calvin, Colorado National Bank Bldg.
Collins, Croke and Company, First National Bank
Bldg.
Coughlin and Company, Security Bldg.
Engle, Adams & Company, 650 Seventeenth St.
Garrett-Bromfield & Co., Security Bldg.
Gray, Inc., Gray B., First National Bank Bldg.
International Trust Company, The, 625
Seventeenth St.
Mullen Investment Company, The J. K., 1717
Stout St.
♦Otis & Co., First National Bldg.
Peck-Brown & Co., U. S. National Bldg.
Peters, Writer & Christensen, Inc., U. S. National
Bldg.
♦Rollins & Sons, Inc., E. H., Security Bldg.
Scanlan & Co., Earl M., Colorado Natl. Bk. Bldg.
Sidlo, Simons, Roberts & Co., First National Bldg.
Sudler & Co., Amos C., First National Bank Bldg.
Sullivan & Company, Security Bldg.
Vallery & Co., Inc., Geo. W., Security Bldg.
Vasconcells, Hicks and Company, Security Bldg.
PUEBLO
Hutchinson-Frye & Co., Thatcher Bldg.

CONNECTICUT
New York Group

BRIDGEPORT
♦Kidder & Co., A. M„ 215 State St.
GREENWICH
♦Reynolds & Co., 45 E. Putnam Ave.
HARTFORD
♦Adams & Peck, 18 Asylum St.
♦Bancamerica-Blair Corporation, 36 Pearl St.
♦Bodell & Co., 15 Lewis St.
♦Brown Harriman & Co., Inc., 36 Pearl St.

MEMBERSHIP OF THE INVESTMENT BANKERS ASSOCIATION OF AMERICA
HARTFORD—Continued.
♦Coffin & Burr, Inc., 75 Pearl St.
Cooley & Company, 100 Pearl St.
♦Equitable Securities Corporation, 75 Pearl St.
♦Estabrook & Co., 750 Main St.
♦First Boston Corporation, The, 36 Pearl St.
♦Foster & Co., Inc., 49 Pearl St.
♦Kidder, Peabody & Co., 36 Pearl St.
♦Lazard Freres & Co., 36 Pearl St.
♦Lee Higginson Corporation. 36 Pearl St.
♦Paine, Webber & Co., 49 Pearl St.
♦Pressprich & Co., R. W., 36 Pearl St.
Putnam & Co., 6 Central Row
♦Seligman & Co., J. & W„ 75 Pearl St.
♦Shields & Company, 75 Pearl St.
♦Smith, Barney & Co., Hartford-Aetna Bldg.
♦Stone & Webster and Blodget, Inc., 36 Pearl St.
♦Tifft Brothers, 125 Pearl St.
♦Wood, Struthers & Co., Hartford-Connecticut
Trust Bldg.
Young & Company, Lincoln R., 750 Main St.
MERIDEN
♦Kidder & Co., A. M., 42 Colony St.
MIDDLETOWN
♦Putnam & Co., 181 Main St.
NEW BRITAIN
•Putnam & Co., 31 W. Main St.
NEW HAVEN
♦Bear, Stearns & Co., 175 Church St.
♦Bodell & Co., 205 Church St.
♦Day & Co., R. L„ 215 Church St.
♦Paine, Webber & Co., 104 Elm St.
Scranton & Co., Chas. W„ 209 Church St.
NEW LONDON
♦Scranton & Co., Chas. W., 302 State St.
WATERBURY
Griggs Co., The R. F., 50 Leavenworth St.
♦Scranton & Co., Chas. W„ 170 Grand St.

ST. PETERSBURG
Wright & Company, Ed. C., 29 Third St., N.
TAMPA
Kuhn, Morgan & Co., Inc., First National Bank
Bldg.

GEORGIA
Southern Group

ATLANTA
Courts & Co., 11 Marietta St.,
Equitable Company, The, Trust Company of
Georgia Bldg.
♦Equitable Securities Corporation, First National
Bldg.
Evans & Company, Clement A„ First National
Bldg.
Hilsman & Co., Inc., J. H„ Citizens & Southern
Bldg.
♦Johnson, Lane, Space & Co., Inc., Citizens &
Southern Bldg.
Milhous, Gaines & Mayes, Rhodes-Haverty Bldg.
Robinson-Humphrey Company, The, RhodesHaverty Bldg.
♦Starkweather & Co., First National Bldg.
Trust Company of Georgia, 15 N. Pryor St., N. E,
AUGUSTA
♦Johnson, Lane, Space & Co., Inc., Herald Bldg.
MACON
♦Evans & Company, Clement A., First National
Bank Bldg.
SAVANNAH
Johnson, Lane, Space & Co., Inc., 101 E. Bay St.
♦Trust Company of Georgia, Liberty National
Bank Bldg.

IDAHO
Pacific Northwest Group

BOISE
Sudler, Wegener & Co., Inc., First National Bldg.

DELAWARE
Eastern Pennsylvania Group

WILMINGTON
♦Clark & Co., E. W., duPont Bldg.
♦duPont & Co., Francis I., du Pont Bldg.
♦Rollins & Sons, Inc., E. H., Delaware Trust Bldg.

DISTRICT OF COLUMBIA
Southeastern Group

WASHINGTON
Auchlncloss, Parker & Redpath, 719 Fifteenth
St., N. W.
Booker & Co., Y. E., American Security Bldg.
♦Brown & Sons, Alex., Union Trust Bldg.
Brown, Goodwyn & Olds, American Security Bldg.
•Brown Harriman & Co., Inc., 730 Fifteenth St.,
N. W.
Ferris & Company, Inc., George M., Washington
Bldg.
Folger, Nolan & Co., Inc., American Security
Bldg.
•Hemphill, Noyes & Co., Shoreham Bldg.
Henderson-Winder Company, Union Trust Bldg
Johnston, Lemon & Co., Southern Bldg.
Mackall, William W., Jr., Woodward Bldg
•Mackubin, Legg & Company, Woodward Bldg.
♦Murphy & Co., G. M.-P., 1508 H St., N. W.
♦Smith, Barney & Co., Shoreham Bldg.
♦Stein Bros. & Boyce, Woodward Bldg.
Waggaman, Brawner & Co., Inc., 1700 Eye St.,
N. W.
Wales & Co., Inc., K. S„ 815 Fifteenth St., N. W.

FLORIDA
Southern Qroup

JACKSONVILLE
Biese & Company, A. C„ Barnett National Bank
Bldg.
Childress and Company, Atlantic National Bank
Annex
McRae & Company, D. F., Barnett National
Bank Bldg.
MIAMI
Morrison & Co., A. B., Congress Bldg.
♦Nuveen & Co., John, Shoreland Arcade
ORLANDO '
Leedy, Wheeler & Co., 1 N. Orange Ave.
♦Ranson-Davidson Investment Company, The.
O. B. & T. Bldg.


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Federal Reserve Bank of St. Louis

ILLINOIS
Central States Group

ALTON
♦Francis, Bro. & Co., First National Bank Bldg.
AURORA
♦Allyn and Company, Inc., A. C., Merchants
National Bank Bldg.
Wortman & Co., G. R., Aurora National Bank
Bldg.
CHICAGO
Allyn and Company, Inc., A. C., 100 W. Monroe
St.
American National Bank and Trust Company
33 N. LaSalle St.
Ames, Emerich & Co., Inc., 105 S. La Salle St.
Babcock, Rushton & Company, 135 S. La Salle St.
Bacon, Whipple & Co., 135 S. La Salle St
Baker, Fentress & Company, 208 S. La Salle St.
Baker, Walsh & Company, 29 S. La Salle St.
Ballman & Main, 105 W. Adams St.
♦Bancamerica-Blair Corporation, 135 S. La Salle
St.
♦Bankers Trust Company, 105 S. La Salle St
Barcus, Kindred & Co., 231 S. La Salle St.
♦Barr Brothers & Co., Inc., 135 S. La Salle St.
Bartlett, Knight & Co., 105 W. Adams St.
Becker & Co., A. G., 100 S. La Salle St.
♦Bennett Bros. & Johnson, 135 S. La Salle St.
Blair, Bonner & Company, 135 S. La Salle St
♦Blyth & Co., Inc., 135 S. La Salle St.
♦Boettcher and Company, 135 S. La Salle St.
♦Bond & Goodwin Incorporated of Illinois, 209 S.
La Salle St.
( Affiliate of Bond & Goodwin, Inc., Boston)

♦Braun, Bosworth & Company, 39 S. La Salle St
♦Brown-Crummer Investment Company, The, First
National Bank Bldg.
♦Brown Harriman & Co., Inc., 135 S. La Salle St.
♦Browne, Warren (Representative Mackubin, Legg
and Company, Baltimore), 105 W. Adams St
♦Bullock, Calvin, 120 S. La Salle St.
♦Burnett, E. M„ Middle West Representative The
Anglo California National Bank of San Fran­
cisco, 231 S. La Salle St.
Byllesby and Company, H. M., 231 S. La Salle
St.
Central Republic Company, 209 S. La Salle St.
Channer Securities Company, 39 S. La Salle St.
Childs and Company, Inc., C. F., 141 W. Jackson
Blvd.
City National Bank and Trust Company of
Chicago, 208 S. La Salle St.
Clarke, Inc., John W„ 135 S. La Salle St.
♦BRANCH OFFICE

1677

Cleveland & Company, Inc., Paul W„ 120 S. La
Salle St.
Continental Illinois National Bank and Trust
Company of Chicago, 231 S. La Salle St.
Dangler, Lapham & Co., Ill W. Monroe St.
Davis & Co., Paul H„ 10 S. La Salle St.
Dempsey-Detmer & Co., 135 S. La Salle St.
♦Devine & Co., Inc., C. J., 135 S. La Salle St.
♦Dickson & Company, R. S., 135 S. La Salle St.
Doyle, O’Connor & Co., 135 S. La Salle St.
Dunbar & Company, John B., 135 S. La Salle St.
Enyart. Van Camp & Feil, Inc., 39 S. La Salle St.
Farwell, Chapman & Co., 208 S. La Salle St.
♦First Boston Corporation, The, 231 S. La Salle St.
First National Bank of Chicago, The, 33 S. Clark
S t.
♦First of Michigan Corporation ,135 S. La Salle St.
Fuller, Cruttenden & Company, 120 S. La Salle St.
Gibson & Co., W. C„ 231 S. La Salle St.
♦Glore, Forgan & Co., 123 S. La Salle St.
♦Goldman, Sachs & Co., 208 S. La Salle St.
♦Hallgarten & Co., 120 S. La Salle St.
Harris, Hall & Company, 111 W. Monroe St.
Harris Trust and Savings Bank, 115 W. Monroe
St.
Harrison, O’Gara & Co., 209 S. La Salle St.
Haskell, Scott & Jennings, Inc., 120 S. La Salle
St.
♦Hemphill, Noyes & Co., 141 W. Jackson Blvd
Hickey & Co., 135 S. La Salle St.
♦Hoit, Rose & Troster, 231 S. La Salle St.
♦Hornblower & Weeks, 39 S. La Salle St.
Huyck and Company, A. S., 100 W. Monroe St.
Illinois Company of Chicago, The, 231 S. LaSalle
St.
♦Jackson & Curtis, 231 S. La Salle St.
Joiner & Co., Inc., T. E., 135 S. La Salle St.
Kelley, Richardson & Co., Inc., 135 S. La Salle St.
Kerfoot & Company, Inc., 141 W. Jackson Blvd.
♦Kidder, Peabody & Co., 135 S. La Salle St.
Konsberg & Company. 53 W. Jackson Blvd.
♦Lazard Freres & Co.. 135 S. La Salle St.
♦Learoyd & Nightingale, Incorporated, 120 S.
La Salle St.
♦Lee Higginson Corporation, 141 W. Jackson Blvd.
♦Lehman Brothers, 231 S. La Salle St.
Lewis. Pickett & Co., Inc., 105 W. Adams St.
♦Massachusetts Distributors, Inc., 120 S. La Salle
St.
Mather & Company, Inc., Morris, 141 W. Jackson
Blvd.
McGhie & Co., George, 105 S. La Salle St.
McGowen, Cassady & White, Inc., 135 S. La Salle
St.
McGraw & Company, 120 S. La Salle St.
McMaster Hutchinson & Co., 105 S. La Salle St.
McNear & Company, C. W., 105 W. Adams St.
♦Mercantile-Commerce Bank and Trust Company,
135 S. La Salle St.
♦Milwaukee Company, The, 135 S. La Salle St.
Mitchell, Hutchins & Co., 231 S. La Salle St.
♦Moseley & Co., F. S., 135 S. La Salle St.
Nichols, Garrett & Co., 135 S. La Salle St.
Nichols, Terry & Dickinson, Inc., 141 W. Jackson
Blvd.
Northern Trust Company, The, 50 S. La Salle St.
Nuveen & Co., John, 135 S. La Salle St.
♦Ohrstrom & Co., Inc., G. L„ 141 W. Jackson
Blvd.
♦Otis & Co., 105 W. Adams St.
♦Paine, Webber & Company, 209 S. La Salle St.
♦Pressprich & Co., R. W„ 135 S. La Salle St.
♦Riter & Co., 134 S. La Salle St.
♦Robinson & Co., B. B„ 39 S. La Salle St.
♦Rogers & Company, Inc., Hartley, 105 S. La Salle
St.
Rogers & Tracy, Inc., 120 S. La Salle St.
♦Rollins & Sons, Inc., E. H., 231 S. La Salle St.
Ross Securities Co., Thompson, 29 S. La Salle St.
♦Salomon Bros. & Hutzler, 231 S. La Salle St.
Seerley & Company, Inc., John J., 105 S. La Salle
St.
Selected Investments Company, 135 S. LaSalle St.
♦Shields & Company, 135 S. La Salle St.
Showers, Robert, 10 S. La Salle St.
Sills, Troxell & Minton, Inc., 209 S. La Salle St.
♦Smith, Barney & Co., 105 W. Adams St.
Speer & Sons Company, H. C., 135 S. La Salle St.
Stern, Wampler & Co. Inc., 231 S. La Salle St.
♦Stifel, Nicolaus & Co., Inc., 105 W. Adams St.
Stokes, Woolf & Co., Inc., 105 S. La Salle St.
♦Stone & Webster and Blodget, Inc., 33 S. Clark St.
♦Stranahan, Harris & Company, Inc., 135 S.
La Salle St.
Straus Securities Company, 135 S. La Salle St.
Webber, Darch & Company, 208 S. La Salle St.
Webber-Simpson & Company. 105 W. Adams St.
♦Weeden & Co., 135 S. La Salle St.
Welsh and Green, Incorporated, 135 S. LaSalle St.
♦White-Phillips Company, Inc., The, 39 S. La Salle
St.
(Branch of White-Phillips Corporation, Daven­
port)

Winthrop, Mitchell & Co., 141 W. Jackson Blvd.
Wittbold & Co., John, 10 S. La Salle St.
Yantis & Co., Incorporated, F. S., 120 S.
La Salle St.
MONMOUTH
Moffat & Co., Inc., D. W., Woods Bldg.
PEORIA
♦Allyn and Company, Inc., A. C., Alliance Life Bldg.
♦Central Republic Company, Alliance Life Bldg.

MEMBERSHIP OF THE INVESTMENT BANKERS ASSOCIATION OF AMERICA

1678

SPRINGFIELD
Dixon-Bretscher Company, Inc., The, First
National Bank Bldg.
Fernandes & Company, Monroe at Fifth St.

INDIANA
Central States Group

FORT WAYNE
Central Securities Corporation, Lincoln Bank
Tower
INDIANAPOLIS
♦Blyth & Co., Inc., Circle Tower
♦Brown Harriman & Co., Inc., Fletcher Trust Bldg.
♦Davis & Co., Paul H., Circle Tower
•Hemphill, Noyes & Co., Fletcher Trust Bldg.
Indianapolis Bond and Share Corporation, 129 E.
Market St.
•Moseley & Co., F. S., Circle Tower
♦Straus Securities Company, Circle Tower
SOUTH BEND
Harrison & Austin, Inc., Citizens Bank Bldg.
McGann Securities Company, Inc., Albert, 111
W. Washington Ave.

IOWA
Central States Group

BURLINGTON
Hanna and Company, W. D., Main & Jefferson Sts.
CEDAR RAPIDS
♦Hanna and Company, W. D., Merchants National
Bank Bldg.
McIntyre & Co., Scott, 300 Second Ave., S. E.
♦Prlester, Quail & Co., Merchants National Bank
Bldg.
•Wood & Company, Harold E., 512 Second Ave.,
S. E.
DAVENPORT
♦Murdoch, Dearth & White, Inc., Union Bank Bldg.
Priester, Quail & Co., Davenport Bank Bldg.
Vieth, Duncan & Wood, Davenport Bank Bldg.
White-Phillips Corporation, First National Bldg.
DES MOINES
♦Allyn and Company, Inc., A. C. 21 Glenview
Drive.
♦Babcock, Rushton & Company, Fleming Bldg.
♦Brown-Crummer Investment Company, The,
Equitable Bldg.
Central National Bank and Trust Company, 314
Fifth St.
Iowa-Des Moines National Bank & Trust Com­
pany, Sixth and Walnut Sts.
Jackley & Company, Equitable Bldg.
♦Moseley & Co., F. S., Equitable Bldg.
Murdoch, Dearth & White, Inc., Des Moines Bldg.
Polk-Peterson Corporation, Des Moines Bldg.
♦Priester, Quail & Co., Equitable Bldg.
♦Seerley & Company, Inc., John J., Des Moines
Bldg.
♦White-Phillips Corporation, Iowa-Des Moines
National Bldg.
IOWA CITY
♦McIntyre & Co., Scott, Johnson County Bank
Bldg.
WATERLOO
♦Allyn and Company, Inc., A. C., Waterloo Bldg.
♦Hanna and Company, W. D., Pioneer Bldg.
♦Polk-Peterson Corporation, Commercial Bldg.

KANSAS
Southwestern Group

KANSAS CITY
Commercial National Bank of Kansas City, The,
601 Minnesota Ave.
TOPEKA
Estes and Company, 103 E. Tenth St.
WICHITA
Branch Investment Company, The Vernon H.,
Brown Bldg.
Brown-Crummer Investment Company, The,
Schweitdr Bldg.
Dunne-Israel Co., The, Schweiter Bldg.
Lathrop-Hawk-Herrick Company, Inc., First
National Bank Bldg.
Ranson-Davidson Investment Company, The,
Beacon Bldg.
Small-Milburn Company, The, Wheeler-KellyHagny Bldg.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

KENTUCKY

MASSACHUSETTS

Ohio Valley Group

New England Group

LEXINGTON
♦Hutton & Company, W. E., Hernando Bldg.
Van Hooser & Company, J. D„ 261 W. Short St.

BOSTON
♦Adams & Peck, 35 Congress St.
♦Adams, Mudge & Co., Ill Devonshire St.
♦Allyn and Company of New England, Inc., A. C„
30 Federal St.

LOUISVILLE
Almsted Brothers, 425 W. Market St.
Bankers Bond Co., Inc., The, Kentucky Home Life
Bldg.
♦Blyth & Co., Inc., Kentucky Home Life Bldg.
Hilliard & Son, J. J. B„ 419 W. Jefferson St.
Moore & Co., Berwyn T., Marion E. Taylor Bldg.
♦Reynolds & Co., Heyburn Bldg.
♦Stein Bros. & Boyce, Starks Arcade Bldg.
Willson & Co., James C„ 130 S. Fifth St.

LOUISIANA
Southern Group

NEW ORLEANS
Anagnosti & Walker, Inc., Whitney Bank Bldg.
Dane & Weil, Canal Bank Bldg.
♦Equitable Securities Corporation, Whitney Bank
Bldg.
Hyams, Glas & Carotliers, 610 Common St.
Lamar, Kingston & Labouisse, Canal Bank Bldg.
Levy & Rooney. Inc., Whitney Bank Bldg.
National Bank of Commerce in New Orleans, The,
Baronne & Common Sts.
Newman, Harris & Co., Maritime Bldg.
Nusloch, Baudean & Smith, Hibernia Bank Bldg.
Saunders Company, Inc., P. H., American Bank
Bldg.
Scharff & Jones, Inc., Whitney Bldg.
Vass & Co., Inc., Lachlan M., Whitney Bank
Bldg.
Weil & Company, Inc., Union Bldg. Arcade.
White, Dunbor & Co., Inc., Whitney Bank Bldg.
Whitney National Bank of New Orleans, St.
Charles & Gravier Sts.
SHREVEPORT
Barrow, Leary & Co., 515 Market St.
♦Scharff & Jones, Inc., 513 Market St.

MAINE
New England Group

BANGOR
Pierce, White & Drummond, Inc., Eastern Trust
Bldg.
PORTLAND
♦Baldwin & Company, Chapman Bldg.
♦Bond & Goodwin, Incorporated, 120 Exchange St.
♦Brown Harriman & Co., Incorporated, 465
Congress St.
♦Coffin & Burr, Inc., 120 Exchange St.
Gilman & Co., Inc., Charles H., 186 Middle St.
♦Hayden, Stone & Co., 477 Congress St.
♦Hornblower & Weeks, 83 Exchange St.
♦Paine, Webber & Co., Fidelity Bldg.
Payson & Co., H. M., 93 Exchange St.
♦Putnam & Company, Inc., F. L„ 97 Exchange St.
♦Rollins & Sons, Inc., E. H., Fidelity Bldg.

MARYLAND
Southeastern Group

BALTIMORE
Allen & Company, Edward D., Keyser Bldg.
♦Auchincloss, Parker & Redpath, Mercantile Trust
Bldg.
Baker, Watts & Co., Calvert & Redwood Sts.
♦Bankers Trust Company, Maryland Trust Bldg.
Brown & Sons, Alex., 135 East Baltimore St.
♦Byllesby & Co., H. M., Munsey Bldg.
Cahn & Company, Frank B., Equitable Bldg.
Daly & Co., Owen, 23 South St.
Equitable Trust Company, The, Calvert & Fay­
ette Sts.
Garrett & Sons, Robert, South & Redwood Sts.
Hudson & Co., First National Bank Bldg.
♦Hutton & Company, W. E., First National Bank
Bldg.
♦Kidder, Peabody & Co., Mercantile Bank Bldg.
Lanahan & Co., W. W., Calvert Bldg.
Mackubin, Legg & Company, 222 E. Redwood St.
Marburg, Price & Co., Keyser Bldg.
Maryland Trust Company, Calvert & Redwood
Sts.
Mead, Irvine & Co., First National Bank Bldg.
Mercantile Trust Company of Baltimore, Calvert,
Redwood & Baltimore Sts.
♦Murphy & Co., G. M.-P, Calvert Bldg.
Shriver & Co., Inc., George G„ Mercantile Trust
Bldg.
♦Smith, Barney & Co., Ill E. Redwood St.
♦Starkweather & Co., Keyser Bldg.
Stein Bros. & Boyce, 6 S. Calvert St.
Strother, Brogden & Co., 20 S. Calvert St.
Trail & Mlddendorf, Inc., Keyser Bldg.
Williams & Company, Inc., C. T., Fidelity Bldg.
EASTON
♦Williams & Company, Inc., C. T., Easton Na­
tional Bank Bldg.
HAGERSTOWN
♦Stein Bros. & Boyce, 116 W. Washington St.
♦BRANCH OFFICE

Branch of A. C. Allyn and Company, Inc.,
Chicago.

♦Ames & Co., Inc., A. E., 50 Congress St.
Baker & Company, Inc., B. J., 209 Washington
St.
Baker, Young & Company, Inc., 209 Washington
St.
Baldwin & Company, 30 Federal St.
Ballou, Adams & Whittemore, Inc., 49 Federal
St.
♦Bancamerica-Blair Corporation, 75 Federal St.
♦Bankers Trust Company, 10 Post Office Sq.
♦Blyth & Co., Inc., Ill Devonshire St.
Bond & Goodwin Incorporated, 30 Federal St.
♦Bridges, James W., Representative, Mackubin,
Legg & Company, Baltimore, 24 Federal St.
♦Brown Harriman & Co., Inc., 10 Post Office Sq.
♦Bullock, Calvin, 68 Devonshire St.
Burgess & Leith, 75 Federal St.
♦Burr & Company, Inc., 35 Congress St.
Burr, Gannett & Co., 53 State St.
Chace, Whiteside & Co., Incorporated, 24 Federal
St.
♦Childs and Company, Inc., C. F., 82 Devonshire
St.
♦Clark, Dodge & Co., 70 Federal St.
Coffin & Burr, Inc., 60 State St.
Collins, Breed & Co., 82 Devonshire St.
Conant & Co., Inc., A. B., 84 State St.
Day & Co., R. L„ 45 Milk St.
♦Devine & Co., Inc., C. J., 75 Federal St.
♦Dick & Merle-Smith, 30 State St.
Estabrook & Co., 15 State St.
♦First Boston Corporation, The, 1 Federal St.
♦Foster & Co., Inc., 35 Congress St.
♦Goldman, Sachs & Co., 75 Federal St.
♦Graham, Parsons & Co., 10 Post Office Sq.
♦Hayden, Stone & Co., 75 Federal St.
♦Hoit, Rose & Troster, 10 Post Office Sq.
Hornblower & Weeks, 60 Congress St.
♦Hutton & Company, W. E„ 75 Federal St.
Jackson & Curtis, 10 Post Office Sq.
Kennedy, Spence & Company, Inc., 25 Federal St.
♦Kidder, Peabody & Co., 115 Devonshire St.
(Additional office at 69 Newbury St.)

♦Lazard Freres & Co., 75 Federal St.
Learoyd & Nightingale Incorporated, 50 Con­
gress St.
♦Lee Higginson Corporation, 50 Federal St.
Lyons & Company, 75 Federal St.
Massachusetts Distributors, Inc., 85 Devonshire
Ot.

Moors & Cabot, 111 Devonshire St.
Moseley & Co., F. S., 50 Congress St.
♦Murphy & Co., G. M.-P., 35 Congress St.
Newton, Abbe & Company, 60 Federal St.
♦Ohrstrom & Co., Inc., G. L., 75 Federal St.
Paine, Webber & Company, 24 Federal St.
Parker Corporation, The, 1 Court St.
♦Paul & Co., Inc., 50 Congress St.
Perry & Co., Inc., Arthur, 31 Milk St.
Preston, Moss & Company, 111 Devonshire St.
Putnam & Company, Inc., F. L., 159 Devonshire
St.
♦Rollins & Sons, Inc., E. H., 75 Federal St.
♦Rothschild & Co., L. F., 30 State St.
♦Salomon Bros. & Hutzler, 75 Federal St.
♦Schoellkopf, Hutton & Pomeroy, Inc., 75 Federal
St.
♦Seligman & Co., J. & W., 75 Federal St.
♦Shields & Company, 75 Federal St.
♦Smith, Barney & Co., Ill Devonshire St.
Soucy, Swartswelter & Co., 161 Devonshire St.
♦Stone & Webster and Blodget, Inc., 49 Federal
st.
Studley, Shupert & Co., 50 Congress St.
Thornton & Curtis, 24 Federal St.
♦Tifft Brothers, 50 Congress St.
♦Trask & Co., Spencer, 50 Congress St.
Tucker, Anthony & Co., 74 State St.
Tyler & Co., Inc., 75 Federal St.
Wainwright & Co., H. C., 60 State St.
Washburn & Company, Inc., 24 Federal St.
♦Watson & White, 10 Post Office Sq.
♦White, Weld & Co., Ill Devonshire St.
Whiting, Weeks & Knowles Incorporated, 36
Federal St.
Whitney & Elwell, 30 State St.
Wood Company, Arthur W„ 19 Congress St.
CAMBRIDGE
♦Jackson & Curtis, Harvard Sq.
LOWELL
♦Kidder, Peabody & Co., 9 Central St.
LYNN
♦Jackson & Curtis, 23 Central Ave.
NEW BEDFORD
♦Kidder, Peabody & Co., First National Bldg.
♦Tucker, Anthony & Co., 555 Pleasant St.
PITTSFIELD
♦Reynolds & Co., 28 North St.
♦Tifft Brothers, 100 North St.

MEMBERSHIP OF THE INVESTMENT BANKERS ASSOCIATION OF AMERICA
SPRINGFIELD
♦Day & Co., R. L„ Third National Bank Bldg.
♦Estabrook & Co., 1387 Main St.
♦First Boston Corporation, The, Third National
Bank Bldg.
♦Hayden, Stone & Co., 1387 Main St.
♦Jackson & Curtis, 1387 Main St.
♦Kidder, Peabody & Co., 1391 Main St.
♦Paine, Webber & Company, Third National Bank
Bldg.
♦Putnam & Company, Inc., F. L., Third National
Bank Bldg.
♦Rollins & Sons, Inc., E. H., 1387 Main St.
Tifft Brothers, 1387 Main St.
♦Whiting, Weeks & Knowles Incorporated, Third
National Bank Bldg.
WORCESTER
Adams, Mudge & Co., 340 Main St.
♦Lee Higginson Corporation, 16 Norwich St.
♦Paine, Webber & Company, State Mutual Bldg.
♦Tifft Brothers, 332 Main St.
♦Trask & Co., Spencer, 340 Main St.
♦Whiting, Weeks & Knowles Incorporated, Slater
Bldg.
♦Wood, Struthers & Co., State Mutual Bldg.

KALAMAZOO
♦Cray, McFawn & Petter, American National
Bank Bldg.
♦Ross Securities Co., Thompson, American
National Bank Bldg.
LANSING
♦Hutton & Company, W. E., 121 W. Michigan
Ave.
MARQUETTE
♦Ross Securities Co., Thompson, Harlow Block.
MONROE
♦Livingstone & Co., S. R., 11 Washington St.
MUSKEGON
♦Ross Securities Co., Thompson, Hackley Union
National Bank Bldg.

MINNESOTA
Minnesota Group

MICHIGAN
Michigan Group

ANN ARBOR
♦Watling, Lerchen & Hayes, Ann Arbor Trust Bldg.
BATTLE CREEK
♦Ross Securities Co., Thompson, City Bank Bldg.
BENTON HARBOR
♦Ross Securities Co., Thompson, Fidelity Bldg.
DETROIT
Alison & Company, 535 Griswold St.
♦Allyn and Company, Inc., A. C., Buhl Bldg.
Baker, Simonds & Co., Buhl Bldg.
♦Ballman & Main, Dime Bank Bldg.
♦Bancamerica-Blair Corporation, Buhl Bldg.
♦Bankers Trust Company, Buhl Bldg.
♦Blyth & Co., Inc., Buhl Bldg.
♦Braun, Bosworth & Company, Union Guardian
Bldg.
♦Brown Harriman & Co., Incorporated, Penobscot
Bldg.
Campbell, McCarty & Company, Inc , Buhl Bldg.
Carey & Co., Matthew, Union Guardian Bldg.
♦Central Republic Company, Union Guardian
Bldg.
Clayton and Company, Fidelity Bldg.
Cray, McFawn & Petter, Fidelity Bldg.
Crouse & Company, Penobscot Bldg.
♦Dominick & Dominick, 601 Griswold St.
Field & Company, Buhl Bldg.
First of Michigan Corporation, Buhl Bldg.
Higbie Corporation, Carlton M., Buhl Bldg.
♦Hornblower & Weeks, Penobscot Bldg.
♦Hutton & Company, W. E., 600 Griswold St.
Keane & Company, 645 Griswold St.
Livingstone & Co., S. R., Penobscot Bldg.
Martin, Smith & Company, Inc., Union Guardian
Bldg.
McDonald, Moore & Hayes, Inc., Penobscot Bldg.
O’Donnell and Company, R. C., Penobscot Bldg.
♦Paine, Webber & Co., Penobscot Bldg.
Parcells & Co., Charles A., Penobscot Bldg.
Peter, Keenan & Co., Buhl Bldg.
♦Rollins & Sons, Inc., E. H., National Bank Bldg.
Sattley & Company, Inc., H. V., Hammond Bldg.
♦Selected Investments Company, Penobscot Bldg.
Shannon, Kenower & Company, Inc., Penobscot
Bldg.
Small & Co., Sidney R., Penobscot Bldg.
♦Stranahan, Harris & Company, Inc., Buhl Bldg.
♦Straus Securities Company, Union Guardian
Bldg.
Watkins & Fordon, Inc., Penobscot Bldg.
Watling, Lerchen & Hayes, Buhl Bldg.
Wedthoff & Co., Guy G., Penosbcot Bldg.
♦Weed, Hall, Berndt & Co., Ford Bldg.
Whitlock, Smith & Co., Penobscot Bldg.
FLINT
♦Allyn and Company, Inc., A. C„ Genesee Bank
Bldg.
GRAND RAPIDS
♦Cray, McFawn & Petter, Michigan Trust Bldg.
♦McDonald, Moore & Hayes, Inc., Grand Rapids
Trust Bldg.
♦Paine, Webber & Co., Peoples National Bank Bldg.
♦Rollins & Sons, Inc., E. H., 60 Monroe Ave.
♦Ross Securities Co., Thompson, Grand Rapids
Trust Bldg.
HOLLAND
♦Cray, McFawn & Petter, 61 E. Eighth St.
IRON MOUNTAIN
♦Ross Securities Co., Thompson, U. S. National
Bank Bldg.
JACKSON
♦Dominick & Dominick, 120 W. Michigan Ave.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

DULUTH
Northern National Bank of Duluth, 304 W.
Superior St.
♦Paine, Webber & Co., Medical Arts Bldg.
♦Wells-Dickey Co., Alworth Bldg.

1679

MISSOURI
KANSAS CITY
Southwestern Group

Aiexanuer, AicArtnur <& company, 922 Baltimore
Ave.
♦Allyn and Company, Inc., A. C., 1012 Baltimore
Ave.
Baum Bernheimer Company, 1016 Baltimore Ave.
♦Blyth & Co., Inc., Commerce Bldg.
♦Brown-Crummer Investment Company, The.
21 W. Tenth St.
Callender, Burke & MacDonald, Fidelity Bank
Bldg.
♦Childs and Company, Inc., C. F., 15 W. Tenth St.
City National Bank and Trust Company, 18th &
Grand Ave.
Commerce Trust Company, Tenth & Walnut Sts.
♦Mercantile-Commerce Bank and Trust Company,
Dwight Bldg. {Correspondent of St. Louis.)
♦Moseley & Co., F. S., R. A. Long Bldg.
Prescott, Wright, Snider Company, 918 Baltimore
Ave.
♦Rollins & Sons, Inc., E. H., Land Bank Bldg.
♦Seerley & Company, Inc., John J., 1006 Balti­
more Ave.
Stern Brothers & Co., 1015 Baltimore Ave.
Weltner & Co., A. E. Dwight Bldg.

ST. JOSEPH
Southwestern Group

MINNEAPOLIS
Allison-Wiiliams Company, Northwestern Bank
Bldg.
Ashmun Co., C. S„ First National-Soo Line Bldg.
♦Bancamerica-Blair Corporation, Northwestern
Bank Bldg.
Bigelow, Webb & Co., Incorporated, First
National-Soo Line Bldg.
Bishop & Co., M. H., Frontenac Bldg.
♦Blyth & Co., Inc., Rand Tower
♦Brown Harriman & Co., Incorporated, North­
western Bank Bldg.
♦Byllesby and Company, H. M., Rand Tower
♦Central Republic Company, Rand Tower
Dain & Company, J. M., Rand Tower
First National Bank and Trust Company, 115 S.
Fifth St.
Fuller Company, Charles A., Northwestern Bank
Bldg.
Jones Co., Geo. C., Northwestern Bank Bldg.
♦Kalman & Company, McKnight Bldg.
Lowe Company, Justus F., First National-Soo
Line Bldg.
♦Mannheimer-Caldwell, Inc., Northwestern Bank
Bldg.
Needham & Company, Inc., Rand Tower
Nelson Company, Guy A., Baker Bldg.
Northwestern National Bank and Trust Company
Northwestern Bank Bldg.
Overman, Inc., I. H., First National-Soo Line
Bldg.
♦Paine, Webber & Co., Rand Tower
Piper, Jaffray & Hopwood, 115 S. Seventh St.
♦Rollins & Sons, Inc., E. H., Northwestern Bank
Bldg.
♦Seerley & Company, Inc., John J„ Roanoke Bldg.
♦Smith, Barney & Co., Northwestern Bank Bldg.
Thrall West Company, Northwestern Bank Bldg.
Wells-Dickey Co., Metropolitan Bank Bldg.
Wittenberg Merrick Company, Northwestern
Bank Bldg.
/
Woodard-Elwood & Company, Rand Tower
ST. PAUL
♦Bigelow, Webb & Co., Incorporated, First
National Bldg.
♦Brown-Crummer Investment Company, The,
First National Bldg.
♦Central Republic Company, First National Bldg.
First National Bank of Saint Paul, The, Fourth &
Minnesota Sts.
Gates & Co., Stanley, 345 Robert St.
Greenman & Cook, Inc., First National Bldg.
Kalman & Company, 143 E. Fourth St.
Mannheimer-Caldwell, Inc., First National Bldg.
♦Paine, Webber & Co., Pioneer Bldg.
♦Riter & Co., Pioneer Bldg.
♦Wells-Dickey Co., Endicott Bldg.
Williams Co., E. C., Pioneer Bldg.
Wood & Company, Harold E., First National Bldg.
WINONA
♦Mannheimer-Caldwell, Inc., Exchange Bldg.

First Trust Company, The, Fourth & Felix Sts.
♦Seerley & Company, Inc., John J„ Schneider
Bldg.
ST. LOUIS
Mississippi Valley Group

♦Bancamerica-Blair Corporation, Boatmen’s Bank
Bldg.
Bitting & Co., 316 N. Eighth St.
Bitting Jones & Co., Inc., 411 N. Seventh St.
Boatmen’s National Bank, The, 300 N. Broadway.
Bramman-Schmidt-Busch, Inc., Boatmen’s Bank
Bldg.
♦Brown Harriman & Co., Incorporated, Boatmen’s
Bank Bldg.
♦Bullock, Calvin, Security Bldg.
♦Childs and Company, Inc., C. F., 314 N. Broad­
way.
Crago, Hitchcock & Co., Security Bldg.
♦Devine & Co., Inc., C. J., 314 N. Broadway
Dietz, Chamberlain & Co., Incorporated, 314 N.
Broadway.
D’Oench, Duhme & Co., Inc., 315 N. Seventh St.
♦First Boston Corporation, The, 314 N. Broadway
Francis, Bro. & Co., 222 N. Fourth St.
Giger and Company, 211 N. Fourth St.
♦Goldman, Sachs & Co., Boatmen’s Bank Bldg.
Honig Co., Theodore C., 314 N. Broadway
Jones & Co., Edward D., Boatmen’s Bank Bldg.
Kerwin, Fotheringham & Co., Inc., 314 N. Broad­
way.
Mahan & Company, L. E., 509 Olive St.
Mercantile-Commerce Bank and Trust Company,
721 Locust St.
Metropolitan St. Louis Company, 718 Locust St.
Mississippi Valley Trust Company, Broadway &
Olive Sts.
♦Moseley & Co., F. S., Boatmen’s Bank Bldg.
♦Murdoch, Dearth & White, Inc., Boatmen’s IBank
Bldg.
Newhard, Cook & Co., 400 Olive St.
Preiss, Wibbing & Co., Security Bldg.
Reinholdt & Gardner, 400 Locust St.
♦Rollins & Sons, Inc., E. H., 314 N. Broadway
Ruppert & Company, H. L„ 400 Pine St.
Simon & Co., I. M., 315 N. Fourth St.
Smith, Moore & Co., 509 Olive St.
Stifel, Nicolaus & Co., Inc., 314 N. Broadway
Stix & Co., 509 Olive St.
Taussig, Day & Company, Inc., Boatmen’s Bank
Bldg.
Theis & Sons. Inc., Albert, 410 Olive St.
Walker & Co., G. H„ 503 Locust St.
Whitaker & Company, Fourth & Olive Sts.

NEBRASKA
Central States Group

MISSISSIPPI
Southern Group

JACKSON
♦Scharff & Jones, Inc., Lamar Life Bldg.
Speed Company, Leland, Deposit Guaranty Bank
Bldg.
VICKSBURG
First National Bank & Trust Company of Vicks­
burg, The, Washington St.
♦BRANCH OFFICE

LINCOLN
♦Burns, Potter & Company, Stuart Bldg.
First Trust Company of Lincoln, The, Tenth &
O Sts.
♦Greenway-Raynor Co., Sharp Bldg.
♦Wachob-Bender Corporation, Insurance Bldg.

OMAHA
♦Allyn and Company, Inc., A. C„ Insurance Bldg.

MEMBERSHIP OF THE INVESTMENT BANKERS ASSOCIATION OF AMERICA

1680

OMAHA—Continued
♦Brown-Crammer Investment Company, The,
Insurance Bldg.
Burns, Potter & Company, 202 S. Seventeenth
St.
♦Byllesby and Company, H. M., Farnam Bldg.
♦Central Republic Company, Insurance Bldg.
Greenway-Raynor Co., First National Bank Bldg.
Hall and Company, Inc., Ware, First National
Bank Bldg.
.
Kirkpatrick-Pettis-Loomis Company, Omaha
National Bldg.
„ .
National Company of Omaha, The, First National
Bank Bldg.
♦Stern Brothers & Company, Insurance Bldg.
Wachob-Bender Corporation, 210-212 S. Seven­
teenth St.

NEW HAMPSHIRE

♦Moseley & Co., F. S., 50 Congress St.
O’Brian, Potter & Co., Liberty Bank Bldg.
♦Rollins & Sons, Inc., E. H., Erie County Savings
Bank Bldg.
Schoellkopf, Hutton & Pomeroy, Inc., 70 Niagara
St.
♦Seligman & Co., J. & W„ Liberty Bank Bldg
Wood, Trubee & Co., M & T Bldg.
CORTLAND
♦Glidden, Morris & Co., Savings Bank Bldg.
ELMIRA
♦Jackson & Curtis, Keeney Theatre Bldg.
♦Manufacturers and Traders Trust Company,
Hulett Bldg.
♦Treman & Co., Arthur B., 125 Lake St.

New England Group

CONCORD
♦Paine, Webber & Co., 3 Capitol St.
MANCHESTER
♦Rollins & Sons, Inc., E. H., Amoskeag Bank Bldg.

NEW JERSEY
New York Group

ASBURY PARK
♦McDonnell & Co., Berkeley Carteret Hotel
EAST ORANGE
♦Reynolds & Co., 22 Prospect St.
JERSEY CITY
Bullock, Calvin, 921 Bergen Ave.
♦Burley & Company, 75 Montgomery St.
•Distributors Group, Incorporated, 1 Exchange PI.
♦Lord, Abbett & Co., Inc., 1 Exchange PI.
♦Massachusetts Distributors, Inc., 15 Exchange
PI.
♦Nickerson & Co.. Inc., John, 15 Exchange PI.
Reybarn Company, Inc., The., 15 Exchange PI.
MORRISTOWN
♦Reynolds & Co., Park Square Bldg.
NEWARK
♦Clark, Dodge & Co., 744 Broad St.
Colyer, Robinson & Company, Inc., 1180 Ray­
mond Blvd.
♦Kean, Taylor & Co., 744 Broad St.
♦Minsch, Monell & Co., Inc., 790 Broad St.
♦Ohrstrom & Co., Inc., G. L., 744 Broad St.
Prelm & Co., C. A., 744 Broad St.
Rippel & Co., J. S., 18 Clinton St.
Van Deventer, Spear & Co., Inc., 24 Commerce
St.
PATERSON
♦Clark, Dodge & Co., 152 Market St.
TRENTON
♦Graham, Parsons & Co., Broad Street Bank Bldg.
♦Hemphill, Noyes & Co., Stacy-Trent Hotel.
♦Robinson, Miller & Co., Inc., 15 W. State St.
♦Smith, Barney & Co., 114 W. State St.

NEW YORK
New York Group

ALBANY
Cooley & Co., George R., 100 State St.
♦Hemphill, Noyes & Co., Ten Eyck Bldg.
♦Kidder, Peabody & Co., 75 State St.
♦Manufacturers and Traders Trust Company,
142 State St.
♦Marks & Co., Laurence M„ 75 State St.
♦Paine, Webber & Co., 90 State St.
♦Rollins & Sons, Inc., E. H., 75 State St.
♦Smith, Barney & Co., 90 State St.
♦Stone & Webster and Blodget, Inc., City Savings
Bank Bldg.
♦Trask & Co., Spencer, State Bank Bldg.
♦Young & Company, Inc., F. J., 75 State St.
BINGHAMTON
♦Bonbright & Co., George D. B„ 97 Collier St.
BUFFALO
♦Amott, Baker & Co., Incorporated, 298 Main St.
♦Dominion Securities Corporation, M & T Bldg.
♦First Boston Corporation, The, Liberty Bank
Bldg.
Manufacturers and Traders Trust Company, 284
Main St.
„ „ « ,
„„„
Marine Trust Company of Buffalo, The, 237
Main St.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

GLENS FALLS
♦Trask & Co., Spencer, Queensbury Hotel
ITHACA
Treman & Co., Arthur B., First National Bank
Bldg.
MIDDLETOWN
♦Craigmyle & Co., 13 King St.
NEWBURGH
Shields & Company, 120 Grand St.
NEW ROCHELLE
♦Shields & Company, 271 North Ave.
NEW YORK CITY
Adams & Peck, 63 Wall St.
Adams, McEntee & Co., Inc., 40 Wall St.
Aldred & Co., 40 Wall St.
Allen & Company, H. L., 100 Broadway
♦Allyn and Company, Inc., A. C., 40 Wall St.
♦Ames & Co., Inc., A. E„ 2 Wall St.
(Branch of A. E. Ames & Co., Limited, Toronto)

Amott, Baker & Co., Incorporated, 150 Broadway
♦Auchincloss, Parker & Redpath, 63 Wall St.
♦Babcock, Rushton & Company, 50 Broadway
Bacon, Stevenson & Co., 39 Broadway
Baker & Co., J. E„ 14 Wall St.
Bancamerica- Blair Corporation, 44 Wall St.
♦Bank of Montreal, Agency, 64 Wall St.
(Agency of Bank of Montreal, Head Office,

Bankers Trust Company, 16 Wall St.
Barr Brothers & Co., Inc., 40 Wall St.
♦Battles & Company, Inc., 90 Broad St.
Bear, Stearns & Co., 1 Wall St.
♦Becker & Co., Incorporated, A. G., 54 Pine St.
Bennett Bros. & Johnson, 1 Wall St.
Bergen, John J., 40 Wall St.
♦Blyth & Co., Inc., 14 Wall St.
♦Bodell & Co., 44 Wall St.
♦Boettcher and Company, 52 Wall St.
Bonbright & Company, Incorporated, 25 Nassau
St.
Bond & Goodwin, Incorporated, 63 Wall St.
Bristol & Willett, 115 Broadway
♦Brown & Sons, Alex., 2 Wall St.
(Representative of Baltimore)

Brown Harriinan & Co., Incorporated, 63 Wall St.
♦Bullock, Calvin, 1 Wall St.
Burley & Company, 115 Broadway
Burnet & Co., W. E„ 11 Wall St.
Burr & Company, Inc., 57 William St.
♦Byllesby and Company, H. M., Ill Broadway
Callaway, Fish & Co., 15 Broad St.
Campbell, Phelps & Co., Inc., 70 Pine St.
Carroll & Co., John B., 70 Pine St.
♦Cassatt & Co., Incorporated, 40 Wall St.
♦Cavalier & Co., Wm., 40 Wall St.
♦Chandler & Company, Inc., 120 Broadway
♦Chaplin & Company, 52 Broadway
Chase National Bank of the City of New York,
18 Pine St.
Chemical Bank & Trust Company. 165 Broadway
♦Childs and Company, Inc., C. F., 1 Wall St.
Childs, Jeffries & Thorndike, Inc., 50 Broadway
Clark, Dodge & Co., 61 Wall St.
Clarke & Co., Inc., Richard W., 50 Broadway
♦Coffin & Burr, Inc., 70 Pine St.
Cohu Brothers & Ge orgeson, 24 Broad St.
♦Collin, Norton & Co., 26 Broadway
Craigmyle & Co., 1 Wall St.
Darby & Co., Inc., 1 Wall St.
♦Day & Co., R. L„ 14 Wall St.
Devine & Co., C. J., 48 Wall St.
Dick & Merle-Smith, 30 Pine St.
♦Dickson & Company, R. S., 30 Broad St.
Dillon, Read & Co., 28 Nassau St.
Distributors Group, Incorporated, 63 Wall St.
Dominick & Dominick, 115 Broadway
♦Dominion Securities Corporation, 40 Exchange
PI.
{Branch of The Dominion Securities Corporation
Limited, Toronto)

♦Dougherty, Corkran & Co., Ill Broadway
Downs & Co., Harry, 60 Wall Tower
♦BRANCH OFFICE

Doyle & Co., Charles E., 20 Pine St.
du Pont & Co., Francis I., 1 Wall St.
Eastman, Dillon & Co., 15 Broad St.
Eberstadt & Co., Inc., F., 39 Broadway
♦Elder & Company, 11 Wall St.
Eldredge & Co., Inc., 40 Wall St.
Emanuel & Co., 50 Pine St.
♦Equitable Securities Corporation, 40 Wall St.
♦Estabrook & Co., 40 Wall St.
Evans, Stillman & Co., 14 Wall St.
Ewart & Co., Incorporated, C. B., 70 Wall St.
Fenner and Beane Corporation, 67 Broad St.
Fenton & Company, Incorporated, F. R., Ill
Broadway
First Boston Corporation, The, 100 Broadway
First National Bank of the City of New York,
2 Wall St.
♦First of Michigan Corporation, 1 Wall St.
Foster & Co., Inc., 90 Broad St.
Fox & Company, P. F.. 1 Wall St.
Frazee Company, E. P., 120 Broadway.
Gary & Partners, Theodore, 21 E. 40th St.
Gibbons & Company, Inc., Geo. B„ 49 Wall St.
Glidden, Morris & Co., 72 Wall St.
Glore, Forgan & Co., 38 Wall St.
Goldman, Sachs & Co., 30 Pine St.
Gonder, Kelley & Co., Inc., 56 Pine St.
♦Graham, Parsons & Co., 14 Wall St.
Granbery, Marache & Lord, 40 Wall St.
Green, Ellis & Anderson, 100 Broadway
Greene and Company, 37 Wall St.
Guaranty Trust Company of New York, 140
Broadway
Hallgarten & Co., 44 Pine St.
Hamilton & Co., Geo. F.. 20 Pine St.
Hannahs, Baffin & Lee, 111 Broadway
♦Harris, Hall & Co., 14 Waff St.
Hatch & Co., Inc., Frederic H., 63 Wall St.
Hayden, Stone & Co., 25 Broad St.
Hegarty & Co., Inc., D. M. S., 67 Wall St.
Heinzelmann, Ripley & Co., Inc., 40 Exchange PI.
Heller & Co., Inc., Herbert C„ 30 Broad St.
Hemphill, Noyes & Co., 15 Broad St.
Hipkins & Topping, 1 Waff St.
Hoit, Rose & Troster, 74 Trinity PI.
Holsapple, Harvey & Co., 30 Pine St.
♦Hornblower & Weeks, 40 Wall St.
♦Hughes and Company, E. W., 1 Wall St.
♦Hutton & Company, W. E., 14 Waff St.
Hynes & Co., Eugene J., 6l Broadway
Hynson & Co., Incorporated, J. N., 14 Waff St.
♦Jackson & Curtis, 115 Broadway
♦Janney & Co., 65 Broadway
Jones & Co., Chas. H., 20 Broad St.
Kean, Taylor & Co., 14 Waff St.
Keys & Co., C. M., 551 Fifth Ave.
Kidder & Co., A. M„ 1 Waff St.
Kidder, Peabody & Co., 17 Waff St.
Kuhn, Leob & Co., 52 William St.
Ladenburg, Thalmann & Co., 25 Broad St.
Lahey, Fargo & Co., 31 Nassau St.
Lamport & Company, A. M., 44 Pine St.
Lang & Co., F. P„ 40 Waff St.
Langley & Co., W. C., 115 Broadway
Lazard Freres & Co., 120 Broadway.
Lebenthal & Co., 135 Broadway
Lee Higginson Corporation, 37 Broad St.
Lehman Brothers, 1 William St.
Lewisohn & Sons, Adolph, 61 Broadway
♦Lilley & Co., 44 Waff St.
Lobdell & Company, 20 Pine St.
Loeb, Rhoades & Co., Carl M., 61 Broadway
Lord, Abbett & Co., Inc., 63 Wall St.
♦Mackubin, Legg & Company, 42 Broadway
♦Manufacturers and Traders Trust Company, 1
Waff St.
Manufacturers Trust Company, 55 Broad St.
♦Marine Trust Company of Buffalo, The, 120
Broadway
Marks & Co., Laurence M., 49 Waff St.
♦Massachusetts Distributors, Inc., 29 Broadway
♦Mather & Company, Inc., Morris, 50 Broadway
Maynard, Oakley & Lawrence, 61 Broadway
♦McCole, James A., Representative, The Anglo
California National Bank of San Francisco, 2
Waff St.
McDonnell & Co., 120 Broadway
♦Mellon Securities Corporation, 14 Wall St.
♦Mercantile-Commerce Bank and Trust Company
14 Waff St.
♦Mericka & Co., Inc., Wm. J., 1 Wall St.
Merrill, Lynch & Co., 40 Waff St.
Minsch, Monell & Co., Inc., 115 Broadway
♦Mitchell, Hutchins & Co., 1 Waff St.
Morgan & Co., J. P., 23 Wall St.
Morgan Stanley & Co., Incorporated, 2 Wall St.
♦Moseley & Co., F. S., 14 Wall St.
♦Moulton & Company, R. H., 50 Broadway
Murphy & Co., G. M.-P., Ill Broadway
National City Bank of New York, 55 Wall St.
Neergaard, Miller & Co., 1 Wall St.
Newman Bros. & Worms, 25 Broad St.
New York Trust Company, The, 100 Broadway
Nickerson & Co., Inc., John, 61 Broadway
Novotny & Co., Inc., C. G., 30 Broad St.
Ohrstrom & Co., Inc., G. L., 40 Waff St.
♦Otis & Co., 120 Broadway
♦Paine, Webber & Company, 25 Broad St.
♦Paul & Co., Inc., 52 Wall St.
Phelps, Fenn & Co., 39 Broadway
Pierce & Co., E. A., 40 Waff St.
{Additional Office at 51 E. 42nd St.)
Pizzini & Co., B. W„ 52 Broadway
Pressprich & Co., R. W., 68 William St.
♦Reinholdt & Gardner, 11 Wall St.
Reynolds & Co., 120 Broadway
Riter & Co., 48 Wall St.
Robinson, Miller & Co., Inc., 52 William St.
Rogers & Company, Inc., Hartley, 14 Wall St.
Rollins & Sons, Inc., E. H., 44 Waff St.
Rothschild & Co., L. F„ 120 Broadway
Ryan & McManus, 39 Broadway

MEMBERSHIP OF THE INVESTMENT BANKERS ASSOCIATION OF AMERICA
NEW YORK CITY—Continued
Salomon Bros. & Hutzler, 60 Wall St.
Saunders, Ashplant & Company, 2 Wall St.
Schaumburg & Co., F. W., 52 William St.
Schlater, Noyes & Gardner, Inc., 60 Broadway
♦Schoellkopf, Hutton & Pomeroy, Inc., 63 Wall St.
Scholle Brothers, 40 Wall St.
Schroder Rockefeller & Co., Inc., 48 Wall St.
•Schwabacher & Co., Ill Broadway
Seligman & Co., J. & W„ 54 Wall St.
Shields & Company, 44 Wall St.
Smith, Barney & Co., 14 Wall St.
Smithers & Co., F. S„ 30 Broad St.
Speyer & Co., 24-26 Pine St.
Starkweather & Co., Ill Broadway
♦Stein Bros & Boyce, 39 Broadway
Stemmier & Co., 52 William St.
♦Stern, Wampler & Co. Inc., 40 Wall St.
Stone & Webster and Blodget, Inc., 90 Broad St.
♦Stranahan, Harris & Company, Inc., 115 Broad­
way
♦Stroud & Company, Inc., 120 Broadway
Swart & Co., Inc., R. E„ 40 Exchange PI.
Trask & Co., Spencer, 25 Broad St.
♦Treman & Co., Arthur B., 26 Broadway
♦Tucker, Anthony & Co., 120 Broadway
Van Alstyne, Noel & Co., 52 Broadway
♦Van Deventer, Spear & Co., Inc., 61 Broadway
Van Ingen & Co., Inc., B. J„ 57 William St.
♦Wainwright & Co., H. C., 14 Wall St.
♦Walker & Co., G. H„ 1 Wall St.
♦Washburn & Company, Inc., 40 Wall St.
♦Watling, Lerchen & Hayes, 120 Broadway
Watson & White, 149 Broadway
Weed, Hall, Berndt & Co., 40 Wall St.
♦Weeden & Co., 14 Wall St.
♦Weil, Roth & Irving Company, The, 74 Trinity
Wertheim & Co., 120 Broadway
White & Company, Inc., J. G„ 37 Wall St.
White, Weld & Co., 40 Wall St.
Williams & Co., Clark, 50 Broadway
♦Willson & Co., James C., 39 Broadway
Wilmerding & Co., 120 Broadway
♦Winthrop, Mitchell & Co., 26 Broadway
♦Witter & Co., Dean, 14 Wall St.
♦Wood, Grundy & Co„ Inc., 14 Wall St.
Wood, Low & Co., 63 Wall St.
Wood, Struthers & Co., 20 Pine St.
Young & Company, Inc., F. J., 52 Wall St.
NORWICH
♦Wood, Trubee & Co., 20 S. Broad St.
OWEGO
♦Treman & Co., Arthur B., 20 Court St.
POUGHKEEPSIE
♦Eastman, Dillon & Co., 39 Market St.
ROCHESTER
Bonbright & Co., George D. B„ Powers Bldg.
Feistel, Cobb & Co., Inc., Powers Bldg.
Houck & Company, Inc., Albert A., LincolnAlliance Bldg.
♦Lee Higginson Corporation, Lincoln-Alliance
Bldg.
Little & Hopkins, Inc., 16 Main St., E.
♦Rothschild & Co., L. F„ Lincoln-Alliance Bldg.
Sage, Rutty & Company, Inc., 183 Main St. E.
♦Schoellkopf, Hutton & Pomeroy, Inc., LincolnAlliance Bldg.
♦Stone & Webster and Blodget, Inc., Reynolds Ar­
cade Bldg.
•Tucker, Anthony & Co., 16 Main St., E.
♦Wood, Trubee & Co., Lincoln-Alliance Bldg.
SCHENECTADY
♦Trask & Co., Spencer, 212 State St.
SYRACUSE
♦Bancamerica-Blair Corporation, State Tower
Bldg.
♦Brown Harriman & Co., Incorporated, Onondaga
Bldg.
•Lee Higginson Corporation, 206 Highland St.
♦Pressprich & Co., R. W., State Tower Bldg
•Seligman & Co., J. & W., State Tower Bldg
UTICA
♦Clarke & Company, H. Vaughan, Mayro Bldg.
♦Treman & Co., Arthur B., First National Bank
Bldg.
WATERTOWN
•Treman & Co., Arthur B„ 111 Stone St.

NORTH CAROLINA
Southeastern Group

CHARLOTTE
Dickson & Company, R. S., Wilder Bldg
Interstate Securities Corporation, 200 S. Tryon
St.
♦Kirchofer & Arnold, Inc., Johnston Bldg.
♦Scott, Horner & Mason, Inc., Johnston Bldg.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

DURHAM
♦Courts & Co., 212 N. Corcoran St.
GREENSBORO
Burnett and Company, Inc., Oscar, Security
Bank Bldg.
♦Elder & Company, Security Bank Bldg.
♦Equitable Securities Corporation, Jefferson Bldg.
Lewis and Hall, Inc., Jefferson Bldg.
RALEIGH
♦Dickson & Company, R. S„ Security Bank Bldg.
Kirchofer & Arnold, Inc., Capital Club Bldg.
WILSON
Branch Banking & Trust Co., 124 Nash St.
WINSTON-SALEM
♦Smith, Barney & Co., First National Bank Bldg.
Wachovia Bank & Trust Company, Third &
Main Sts.

OHIO
AKRON
Northern Ohio Group

♦Jackson & Curtis, Ohio Bldg.
♦Mitchell, Herrick & Co., Akron Savings & Loan
Bldg.
♦Murfey, Blossom & Co., First Central Trust Bldg
♦Nelson, Browning & Company, First Central
Tower
♦Otis & Co., First Central Trust Bldg.

1681

♦First Boston Corporation, The, Union Commerce
Bldg.
First Cleveland Corporation, The, National City
Bank Bldg.
Gillis, Wood & Co., Union Commerce Bldg.
Hawley, Huller and Company, Union Commerce
Bldg.
Hayden, Miller and Company, Union Commerce
Bldg.
♦Hornblower & Weeks, Union Commerce Bldg
♦Jackson & Curtis, Union Commerce Bldg
Johnson, Kase & Co., 308 Euclid Ave.
Joseph & Co., Inc., Union Commerce Bodg.
Kraus-Cunningham & Company, Union Com­
merce Bldg.
♦Loeb, Rhoades & Co., Carl M., National Citv
Bank Bldg.
McDonald-Coolidge & Co., Williamson Bldg.
Mericka & Co., Inc., Wm. J., 925 Euclid Ave.
Merrill, Turben & Company, Union Commerce
Bldg.
Mitchell, Herrick & Co., Cuyahoga Bldg
Murch and Company, Maynard H., Union Com­
merce Bldg.
Murfey, Blossom & Co., Guardian Bldg
National City Bank of Cleveland, The, E. Sixth
St. at Euclid Ave.
♦Nelson, Browning & Company, Union Commerce
Bldg.
Otis & Co., 216 Superior Ave., N. E.
*pame, Webber & Company, Terminal Tower
Bldg.
♦Rollins & Sons, Inc., E. H., Union Commerce Bldg.
^Salomon Bros. & Hutzler, Union Commerce Bldg
Saunders, Stiver & Co., Terminal Tower Bldg
♦Smith, Barney & Co., Union Commerce Bldg
♦Soucy Swartswelter & Co., Central National
Bank Bldg.
♦Stifel, Nicolaus & Co., Inc., Cuyahoga Bldg.
Stranahan Harris & Company, Inc., Hippodrome
Bldg.
♦Wood, Struthers & Co., Terminal Tower Bldg.
COLUMBUS

CANTON
Northern Ohio Group

♦Mitchell, Herrick & Co., Citizens Bldg.
CINCINNATI
Ohio Valley Group

Assel. Goetz & Moerlein, Inc., Provident Bldg
Aub & Co., A. E., Dixie Terminal Bldg
Ballinger & Co.. Union Trust Bldg.
♦BancOhio Securities Company, Union Trust Bldg
♦Blyth & Co., Inc., Union Central Life Bldg.
♦Braun, Bosworth & Company, Union Central
Bldg.
Breed & Harrison, Inc., First National Bldg.
Brockhaus & Co., Edward, Union Trust Bldg
♦Brown Harriman & Co., Incorporated, Union
Central Life Bldg.
Centra1 Trust Company, The, Fourth & Vine Sts.
♦Childs and Company, Inc., C. F., 105 W. Fourth
St.
Clancey & Co.. W. P„ First National Bldg.
♦Devine & Co., Inc., C. J., First National Bank
Bldg.
♦Dominick & Dominick, 414 Walnut St.
Field, Richards & Shepard, Inc., Union Central
Bldg.
Fifth Third Union Trust Co., The, Fourth &
Walnut Sts.
Hutton & Company, W. E„ First National Bldg.
♦Joseph & Co., Inc., First National Bldg
Lincoln National Bank, Fourth & Vine Sts
Magnus & Company, Dixie Terminal Bldg
♦McDonald-Coolidge & Co., Union Central Bldg
♦Mitchell, Herrick & Co., Mercantile Library Bldg
Nelson, Browning & Company, Carew Tower
♦Otis & Co., Mercantile Library Bldg
Provident Savings Bank & Trust Company,
Seventh & Vine Sts.
Seasongood & Mayer, 6 E. Fourth St.
♦Stone & Webster and Blodget, Inc., Union
Central Bldg.
♦Stranahan, Harris & Company, Inc., Dixie
Terminal Bldg.
Van Lahr, Doll & Isphording, Inc., Provident
Bank Bldg.
Walter, Woody & Heimerdinger, 49 E. Fourth St.
Weil, Roth & Irving Company, The, 49 E.
Fourth St.
CLEVELAND
Northern Ohio Group

Ball, Coons & Company, Union Commerce Bldg
♦BancOhio Securities Company, Union Commerce
Bldg.
♦Blyth & Co., Inc., Union Commerce Bldg.
Borton, Bates & Co., Union Commerce Bldg
♦Brown Harriman & Co., Incorporated, Union
Commerce Bldg.
♦Bullock, Calvin, Williamson Bldg.
Central National Bank, 308 Euclid Ave.
♦Central Republic Company, Union Commerce
Bldg.
♦Childs and Company, Inc., C. F., Union Com­
merce Bldg.
Cleveland Trust Company, The, 916 Euclid Ave.
Curtiss, House & Company, Union Commerce
Bldg.
Emerson & Co., Incorporated, H. L., Union Com­
merce Bldg.
♦Field, Richards & Shepard, Inc., Union Commerce
Bldg.
♦BRANCH OFFICE

r Huey

♦Bancamerica-Blair Corporation, 51 N. High St
Securities Company, 51 N. High St.
♦First Cleveland Corporation, The, A. I. U Bldg
♦Mitchell, Herrick & Co., Citizens Bank Bldg
♦Otis & Co., Huntington National Bank Bldg
♦Paine, Webber & Company, 50 E. Broad St
Sweney, Inc., Lowry, 17 S. High St.
DAYTON
Ohio Valley Group

♦Dominick & Dominick, 42 N. Main St
Feight-Yager & Co., Inc., Gas & Electric Bldg.
♦Hutton & Company, W. E„ Winters Bank Bldg
♦Joseph & Co., Inc., Winters Bank Bldg
♦McDonald-Coolidge & Co., Winters Bank Bldg
♦Nelson, Browning & Company, Third National
Bldg.
SPRINGFIELD
Ohio Valley Group

♦Mitchell, Herrick & Co., First National Bldg.
TOLEDO
Northern Ohio Group

Braun, Bosworth & Company, Second National
Bldg.
Collin, Norton & Co., 508 Madison Ave
♦First Cleveland Corporation, The, Home Bank
Bldg.
♦Otis & Co., Security Bank Bldg.
Prudden & Company, Inc., Ohio Bldg.
Ryan, Sutherland & Co., Ohio Bldg
Stranahan, Harris & Company, Inc., Ohio Bldg.
YOUNGSTOWN
♦Soucy, Swartswelter & Co., Union National Bank
Bldg.

OKLAHOMA
Southwestern Group

OKLAHOMA CITY
♦Brown-Crummer Investment Company, The
First National Bldg.
Edwards, Inc., R. J., Hales Bldg.
First National Bank and Trust Company, First
National Bldg.
Honnold, C. Edgar, 120 N. Robinson St.
Taylor-Stuart Co., American Natl. Bldg
TULSA
♦Francis, Bro. & Co., Kennedy Bldg.

OREGON
Pacific Northwest Group

PORTLAND
Adams & Co., E. M„ American Bank Bldg
Baker, Fordyce Co., U. S. National Bank Bldg.
Blankenship, Gould & Keeler, Inc., Wilcox Bldg
♦Blyth & Co., Inc., Pacific Bldg.
B
Camp & Co., Inc., Porter Bldg.
♦Conrad, Bruce & Co., 316 S. W. Sixth Ave.

MEMBERSHIP OF THE INVESTMENT BANKERS ASSOCIATION OF AMERICA

1682

PORTLAND—Continued.

♦Ferris & Hardgrove, American Bank Bldg.
First National Bank of Portland, Fifth & Stark
Sts
Hemphill, Fenton & Campbell, Inc., Porter Bldg.
Jaxtheimer & Company, 310 S. W. Sixth St.
♦Rollins & Sons, Inc., E. H„ U. S. National Bank
Bldg.
Warrens, Bosch & Floan, Porter Bldg.
♦Witter & Co., Dean, 425 S. W. Sixth Ave.
Wright & Co., Marshall, Porter Bldg.

PENNSYLVANIA
ALLENTOWN
Eastern Pennsylvania Group

♦Reynolds & Co., Americus Hotel Bldg.
♦Smith, Barney & Co., Dime Trust Bldg.
BETHLEHEM
Eastern Pennsylvania Group

♦Elkins, Morris & Co., Odd Fellows Bldg.
♦Rollins & Sons, Inc., E. H„ Odd Fellows Bldg.
♦Smith, Barney & Co., 446 Main St.
EASTON
Eastern Pennsylvania Group

♦Lord, Abbett & Co., Inc., First National Bank
Bldg.
♦Smith, Barney & Co., 7 Center Sq.
ERIE
♦Shields & Company, Erie Trust Bldg.
HARRISBURG
Eastern Pennsylvania Group

♦Hemphill, Noyes & Co., Penn Harris Hotel
•Jones & Co., Chas. H., State Theatre Bldg.
♦Rollins & Sons, Inc., E. H„ State Theatre Bldg.
HUNTINGDON
Western Pensylvania Group

♦Elkins, Morris & Co., Penn St.
LANCASTER
Eastern Pennsylvania Group

♦Clark & Co., E. W., Fulton National Bldg.
PHILADELPHIA
Eastern Pennsylvania Group

♦Adams & Peck, 1500 Walnut St.
♦Allyn and Company, Inc., A. C„ Packard Bldg.
♦Amott, Baker & Co., Incorporated, 1528 Walnut
St.
♦Auchincloss, Parker & Redpath, 1421 Chestnut
St.
♦Bancamerica-Blair Corporation, 225 S. Fifteenth
St.
♦Bankers Trust Company, Packard Bldg.
Barclay, Moore & Co., 123 S. Broad St.
Battles & Company, Inc., 1518 Locust St.
Biddle, Whelen & Co., 1606 Walnut St.
Bioren & Co., 1508 Walnut St.
♦Blyth & Co., Inc., 1500 Walnut St.
♦Brown Harriinan & Co., Incorporated, 1529
Walnut St.
♦Bullock, Calvin, 1416 Chestnut St.
♦Burr & Company, Inc., 1500 Walnut St.
Butcher & Sherrerd, Broad & Chestnut Sts.
♦Byllesby and Company, H. M., Stock Exchange
Bldg.
Cassatt & Co., Incorporated, South Penn Sq.
Chandler & Company, Inc., 1500 Walnut St.
Clark & Co., E. W., 1531 Locust St.,
Clarke & Company, H. Vaughan, 15th & Locust
Sts
Collings and Company, C. C., 123 S. Broad St.
♦Devine & Co., Inc., C. J„ Fidelity-Philadelphia
Trust Bldg.
♦Dominion Securities Corporation, 220 S.
Sixteenth St.
Dougherty, Corkran & Co., 1421 Chestnut St.
Drexel & Co., 15th & Walnut Sts.
*du Pont & Ce., Francis I., 123 S. Broad St.
♦Eastman, Dillon & Co., 1506 Walnut St.
Elkins, Morris & Co., Land Title Bldg.
♦First Boston Corporation, The, 1616 Walnut St.
♦Foster & Co., Inc., Packard Bldg.
Freeman & Co., Inc., M. M„ Packard Bldg.
♦Goldman, Sachs & Co., 1416 Chestnut St.
Graham, Parsons & Co., 1422 Walnut St.
♦Granbery, Marache & Lord, 1400 So. Penn Sq.
Harper & Turner, Inc., Stock Exchange Bldg.
Harrison & Co., 123 S. Broad St.
♦Hemphill. Noyes & Co., 123 S. Broad St.
Hopper, Soliday & Co., 1420 Walnut St.
♦Hornblower & Weeks, 1429 Walnut St.
♦Hutton & Company, W. E., 1529 Walnut St.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Investment Registry of America, Inc., 1515
Locust St.
, _ ,
♦Jackson & Curtis, Philadelphia National Bank
Bldg.
Janney & Co., 1529 Walnut St.
♦Kidder, Peabody & Co., 1416 Chestnut St.
Krauze, Barrows & Company, Land Title Bldg.
♦Lazard Freres & Co., Girard Trust Company Bldg.
Lilley & Co., Packard Bldg.
McMillan, Rapp & Company, 1420 Walnut St.
Morgan & Co., Reed A., 16 S. Broad St.
♦Murphy & Co., G. M.-P., 123 S. Broad St.
Newbold’s Son & Co., W. H., 1517 Locust St.
♦Ohrstrom & Co., Inc., G. L., 1500 Walnut St.
♦Paine, Webber & Company, Packard Bldg.
Paul & Co., Inc., 1420 Walnut St.
Phillips & Co., Samuel K„ Packard Bldg.
♦Pressprich & Co., R. W., Girard Trust Company
Bldg.
♦Reynolds & Co., 1500 Walnut St.
♦Riter & Co., 1529 Walnut St.
♦Rollins & Sons, Inc., E. H., 1528 Walnut St.
♦Salomon Bros. & Hutzler, 123 So. Broad St.
♦Schoellkopf, Hutton & Pomeroy, Inc., 123 S.
Broad St.
♦Smith, Barney & Co., 1411 Chestnut St.
♦Starkweather & Co., Girard Trust Company Bldg.
♦Stone & Webster and Blodget, Inc., Packard Bldg.
Stroud & Company, Inc., 1429 Walnut St.
Suplee, Yeatman & Company, Inc., 220 S. Six­
teenth St.
_ .
Swain & Company, Inc., Land Title Bldg.
Thayer, Baker & Co., 16 S. Broad St.
Tyson Company, Warren A., 1528 Walnut St.
♦Van Alstyne, Noel & Co., 1500 Walnut St.
Wurts, Dulles & Co., 1416 Chestnut StYarnall & Co., 1528 Walnut St.
♦Young & Company, Inc., F. J., 1616 Walnut St.

SCRANTON
Eastern Pennsylvania Group

♦Cassatt & Co., Incorporated, First National Bldg
♦Green, Ellis & Anderson, 506 Spruce St.
♦Hallgarten & Co., First National Bldg.
♦Moseley & Co., F. S„ First National Bldg.
♦Reynolds & Co., 516 Spruce St.
♦Rollins & Sons, Inc., E. H„ First National Bldg.
♦Smith, Barney & Co., First National Bldg.

SHARON
Western Pennsylvania Group

♦Grubbs, Scott & Company, First National Bank
Bldg.
SUNBURY
Drass & Co., J. H., 231 Market St.

WILKES-BARRE
Eastern Pennsylvania Group

♦Auchincloss, Parker & Redpath, Miners National
Bank Bldg.
,
♦Green, Ellis & Anderson, Miners National Bank
Bldg.
♦Lord, Abbett & Co., Inc.. Miners Bank Bldg.
♦McMillan, Rapp & Co., Miners Bank Bldg.
♦Rollins & Sons, Inc., E. H., Second National Bank
Bldg.
♦Swain & Company, Inc., Brooks Bldg.

PITTSBURGH

WILLIAMSPORT

Western Pennsylvania Group

Eastern Pennsylvania Group

♦Allyn & Co., Inc., A. C., Union Trust Bldg.
Applegate, Geo. G„ Commonwealth Bldg.
Bear & Company, S. Lee, Union Trust Bldg.
♦Blyth & Co., Inc., Union Trust Bldg.
♦Brown Harriman & Co., Incorporated, Union
Trust Bldg.
^
♦Byllesby and Company,H. M., Union Trust
Bldg.
♦Cassatt & Co., Incorporated, Union Trust Bldg.
Chaplin & Company, 419 Wood St.
♦Childs and Company, Inc., C. F., 439 Fifth Ave.
Cunningham & Co., Inc., S. K., Commonwealth
Bldg.
♦Dominick & Dominick, 316 Fourth Ave.
♦Emanuel & Co., Gulf Bldg.
Farmers Deposit National Bank, Fifth Ave. &
Wood St.
„
,
♦First Boston Corporation,The,Farmers Bank
Bldg.
First National Bank at Pittsburgg, Fifth Ave. &
Wood St.
Glover & MacGregor, Inc., Union Trust Bldg.
♦Graham, Parsons & Co., Union Trust Bldg.
♦Granberv, Marache & Lord, Union Bank Bldg.
♦Green, Ellis & Anderson, Commonwealth Bldg.
Grubbs, Scott & Company, Union Trust Bldg.
♦Hemphill, Noyes & Co., First National Bank
Bldg.
♦Janney & Co., Oliver Bldg.
Kay, Richards & Company, Union Trust Bldg.
♦Loeb & Company, Carl M., 541 Grant St.
♦Macdonald, R. H., (Representative Mackubin,
Legg & Company, Baltimore), 5837 Aylesboro
Ave.
, „ ,
Masten & Company, A. E„ First National Bank
Bldg.
McJunkin, Patton & Company, Commonwealth
Bldg.
Mellon Securities Corporation, 525 William Penn
PI.
Moore, Leonard & Lynch, Union Trust Bldg.
♦Moseley & Co., F. S„ First National Bank Bldg.
♦Otis & Co., Union Trust Bldg.
Peoples-Pittsburgh Trust Company, Fourth Ave.
and Wood St.
♦Rollins & Sons, Inc., E. H., Grant Bldg.
Scott & Company, James H., Union Trust Bldg.
Singer, Deane & Scribner, Union Trust Bldg.
♦Swart & Co.. Inc., R. E., Union Trust Bldg.
Union Trust Company of Pittsburgh, The, Union
Trust Bldg.
Ward & Co., Norman, Grant Bldg.
Young & Co., Inc., People Bank Bldg.

POTTSVILLE

♦Rollins & Sons, Inc., E. H., Lycoming Trust Bldg.

YORK
Eastern Pennsylvania Group

♦Clark & Co., E. W., 22 S. George St.
♦Stein Bros. & Boyce, 31 Market St.

RHODE ISLAND
PROVIDENCE
♦Blyth & Co., Inc., Ill Westminster St.
Bodell & Co., 32 Custom House St.
♦Brown Harriman & Co., Incorporated, Hospital
Trust Bldg.
♦Estabrook & Co., 15 Westminster St.
♦First Boston Corporation, The, Hospital Trust
Bldg.
♦Hornblower & Weeks, 10 Weybosset St.
♦Jackson & Curtis, Hospital Trust Bldg.
♦Kidder, Peabody & Co., 10 Weybosset St.
MacColl, Fraser & Wheeler, Hospital Trust Bldg.
Miller & George, Hospital Trust Bldg.
♦Murphy & Co., G. M.-P., Hospital Trust Bldg.
♦Paine, Webber & Company, Hospital Trust Bldg.
♦Perry & Co., Inc., Arthur, Hospital Trust Bldg.
♦Putnam & Company, Inc., F. L., Hospital Trust
Bldg.
♦Rollins & Sons, Inc., E. II., Turks Head Bldg.
♦Stone & Webster and Blodget, Inc., Turks Head
Bldg.
♦Whiting, Weeks & Knowles Incorporated,
Hospital Trust Bldg.

SOUTH CAROLINA
Southern Group

CHARLESTON
Frost, Read & Co., Inc., 21 Broad St.
Kinloch, Huger & Company, 26 Broad St.

COLUMBIA
Crawford Co., Inc., G. H„ Central Union Bldg.

Eastern Pennsylvania Group

♦Clark & Co., E. W„ Schuylkill Bldg.
♦Rollins & Sons, Inc., E. H„ Schuylkill Bldg.

SPARTANBURG
Law & Company, A. M„ Andrews Bldg.

READING
Eastern Pennsylvania Group

TENNESSEE

♦Brown Harriman & Co., Incorporated, 24 N.
Fifth St.
♦Clark & Co., E. W., 515 Penn St.
♦Eastman, Dillon & Co., Berkshire Hotel Bldg.
♦Graham, Parsons & Co., 605 Washington St.
♦Rollins & Sons, Inc., E. H., Berks County Trust
Bldg.

CHATTANOOGA

♦BRANCH OFFICE

Southern Group

Elder & Company, 735 Broad St.
♦Equitable Securities Corporation,
Bldg.

Provident

MEMBERSHIP OF THE INVESTMENT BANKERS ASSOCIATION OF AMERICA
KNOXVILLE
Southern Group

♦Bass & Company, Jack M., Hamilton Bank Bldg.
♦Cumberland Securities Corporation, Hamilton
National Bank Bldg.
♦Elder & Company, Fidelity Bank Bldg.
♦Equitable Securities Corporation, Hamilton
National Bank Bldg.
MEMPHIS
Mississippi Valley Group

♦Equitable Securities Corporation, Union and
Planters Bldg.
First National Bank of Memphis, 127 Madison
Ave.
Union Planters National Bank & Trust Company,
69 Madison Aye.
NASHVILLE
Southern Group

Bass & Company, Jack M., 331 Union St.
Cumberland Securities Corporation, 400 Union
St.
♦Elder & Company, Nashville Trust Bldg.
Equitable Securities Corporation, 404 Union St.
Nashville Securities Corporation, Fourth Ave. at
Union St.
Nunn, Shwab & Co., Nashville Trust Bldg.
Webster & Gibson, Stahlman Bldg.

TEXAS
Texas Group

DALLAS
Beckett, Gilbert & Company, Inc., First National
Bank Bldg.
♦Brown-Crummer Investment Company, The,
Kirby Bldg.
Callihan & Jackson. Republic Bank Bldg.
Dallas Union Trust Company, Dallas National
Bank Bldg.
♦Dunne-Israel Co., The, Gulf States Bldg.
First National Bank in Dallas, 1401 Main St.
Garrett & Co., Inc., First National Bank Bldg.
Investment Service Corporation of Texas, Wilson
Bldg.
James, Stayart & Davis, Inc., First National Bank
Bldg.
♦Mahan, Dittmar & Company, Dallas National
Bank Bldg.
Miller, Moore & Brown, Inc., Republic Bank Bldg.
O’Neil & Company, Donald. Republic Bank Bldg.
Rauscher, Pierce & Co., Inc., Magnolia Bldg.
Walker, Austin & Waggener, Republic Bank Bldg.
EDINBURG
♦Ranson-Davidson Investment Company, The,
American Bank Bldg.
FORT WORTH
♦Dallas Union Trust Company, Fort Worth
National Bank Bldg.
Edwards & Company, William N„ First National
Bank Bldg.
GALVESTON
Mosle and Moreland, Anico Bldg.
HOUSTON
Aves and Wymer, Inc., San Jacinto National Bank
Bldg.
♦Brown-Crummer Investment Company, Second
National Bank Bldg.
Dillingham & McClung, Inc., First National Bank
Bldg.
Duquette & Co., Second National Bank Bldg.
♦Fenner and Beane Corporation, Gulf Bldg.
Gregory-Eddleman Company, First National
Bank Bldg.
♦Mahan, Dittmar & Company, Second National
Bank Bldg.
Neuhaus & Co., Union National Bldg.
♦Rauscher, Pierce & Co., Inc., Second National
Bank Bldg.
Rotan Co., George V., Esperson Bldg.
Snyder and Company, A. W., San Jacinto Na­
tional Bank Bldg.
Underwood & Co., Milton R., Gulf Bldg.
White & Co., Chas. B., Second Natl. Bk. Bldg.
SAN ANTONIO
♦Brown-Crummer Investment Company, The,
Smith Young Tower
Dewar, Robertson & Pancoast, National Bank of
Commerce Bldg.
Ewing Co., Inc., W. K., 130 W. Commerce St.
Fitch & Co., W. P., Alamo National Bank Bldg.
Mahan, Dittmar & Company, South Texas Bank
Bldg.
♦Ranson-Davidson Investment Company, The,
Milam Bldg.
♦Rauscher, Pierce & Co., Inc., Milam Bldg.
Russ, Roe & Company, Frost National Bank
Bldg.

UTAH
Rocky Mountain Group

SALT LAKE CITY
♦Blyth & Co., Inc., Kearns Bldg.
Burton & Company, Edward L., 160 S. Main St.
First Security Trust Co., Main at Exchange PI.
Hogle & Co., J. A., 132 Main St.

VERMONT
New England Group

BURLINGTON
♦Kidder & Cp., A. M., 162 College St.


89
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

VIRGINIA
Southeastern Group

CHARLOTTESVILLE
Peoples National Bank, The, Main St.
♦Smith, Barney & Co., Second & Market Sts.
LYNCHBURG
Scott, Horner & Mason, Inc., Law Bldg.
NORFOLK
Investment Corporation of Norfolk, 215 E.
Plume St.
RICHMOND
Davenport & Co.. 1113 E. Main St.
♦Dickson & Company, R. S., Morris Plan Bank
Bldg.
Mason-Hagan, Inc., 916 E. Main St.
Richmond Corporation, The, 726 E. Main St.
Scott & Stringfellow, Mutual Bldg.

OSHKOSH
♦Securities Company of Milwaukee Inc., The, First
National Bank Bldg.

CANADA
BRITISH COLUMBIA
Pacific Northwest Group

VANCOUVER
♦Ames & Co., Limited, A. E., Royal Trust Bldg
♦Dominion Securities Corporation Limited, 510
Hastings St. ,W.
♦Wood, Gundy & Company Limited, 744 Hastings
St., W.
VICTORIA
♦Ames & Co., Limited, A. E., 310 Belmont House

MANITOBA

WASHINGTON
Pacific Northwest Group

ABERDEEN
♦Ferris & Hardgrove, 113 Wishkah St.
BELLINGHAM
♦Ferris & Hardgrove, 1216 Cornwall Ave.
SEATTLE
♦Blyth & Co., Inc., 1411 Fourth Ave.
Bramhall & Stein, Hoge Bldg.
♦Conrad, Bruce & Co., 1411 Fourth Ave.
Drumheller, Ehrlichman Company, Exchange
Bldg.
Ferris & Hardgrove, Exchange Bldg.
Grande & Co., Inc., Hoge Bldg.
Harper & Son & Company, Wm. P., Hoge Bldg.
Hemphill Inc., Waldo, 1411 Fourth Ave.
Hughbanks Incorporated .Dexter Horton Bldg.
Huston & Co., Harold H., Hoge Bldg.
Main & Co., George E., Dexter Horton Bldg.
Marine National Company, 1100 Second Ave.
Mclnnis, Van Dusen & Co., Hoge Bldg.
Pacific National Bank of Seattle, The, Second
Ave. at Madison St.
♦Rogers & Company, Hartley (of Washington),
1411 Fourth Ave.
(.Branch of Hartley Rogers & Company, Inc.,
Los Angeles)

Seattle-First National Bank, Second Ave. at
Columbia St.
Seattle Trust and Savings Bank, 804 Second Ave.
♦Witter & Co., Dean, Cobb Bldg.
SPOKANE
♦Blyth & Co., Inc., Old National Bldg.
♦Ferris & Hardgrove, 425 Riverside Ave.
Murphey, Favre & Co., Spokane and EasternBldg.
Nelson and Company, Arthur E., Paulsen Bldg.
Paine-Rice & Company, Old National Bldg.
Richards & Blum, Inc., 101 N. Wall St.
Spokane and Eastern Branch of Seattle-First
National Bank, 601 Riverside Ave.
Stolle, Baker & Co., Inc., Old National Bldg.
TACOMA
♦Conrad, Bruce & Co., Washington Bldg.
♦Ferris & Hardgrove, W. R. Rust Bldg.
♦Witter & Co., Dean, Washington Bldg.
WALLA WALLA
♦Ferris & Hardgrove, Marcus Whitman Bldg.
YAKIMA
♦Ferris & Hardgrove, 4 N.' Second St.

WEST VIRGINIA
Southeastern Group

WHEELING
♦Masten & Company, A. E., Central Union Bldg.

WISCONSIN
Central States Group

MADISON
♦Securities Company of Milwaukee Inc., The,
First Central Bldg.
MILWAUKEE
♦Allyn and Company, Inc., A. C„ 735 No. Water
St.
Bingham, Sheldon & Co., 735 N. Water St.
♦Central Republic Company, First Wisconsin
National Bank Bldg.
Edgar, Ricker & Co , 750 N. Water St.
Fox & Co., Morris F.. 753 N. Water St.
♦Harris, Hall & Company, 735 N. Water St.
Marshall & Ilsley Bank, 721 N. Water St.
Milwaukee Company, The, 135 W. Wells St.
♦Paine, Webber & Company, 605 N. Broadway
♦Riter & Co., Title Guaranty Bldg.
♦Rollins & Sons, Inc., E. H., First Wisconsin
National Bank Bldg.
Securities Company of Milwaukee Inc., The, 110
E. Wisconsin Ave.
♦Straus Securities Company, 710 N. Water St.
♦BRANCH OFFICE

1683

Canadian Group

WINNIPEG
♦Ames & Co., Limited, A. E„ Hamilton Bldg
♦Bell, Gouinlock & Gillespie, Ltd., Lombard Bldg.
{Branch of Bell, Gouinlock & Co., Ltd., Toronto)

♦Dominion Securities Corporation Limited, Union
Trust Bldg.
♦Mills, Spence & Co., Ltd., Lombard Bldg
♦Wood, Gundy & Company Limited, Victory Bldg

ONTARIO
Canadian Group

HAMILTON
♦McLeod, Young, Weir & Co., Ltd., Spectator
Bldg.
♦Mills, Spence & Co., Ltd., Sun Life Bldg.
♦Wood, Gundy & Company Limited, 1 Main St., E.
LONDON
♦McLeod, Young, Weir & Co., Ltd., Richmond
Bldg.
Midland Securities Corporation Limited, Huron
& Erie Bldg.
OTTAWA
♦Ames & Co., Limited, A. E„ 140 Wellington 8t
♦Greenshields & Company, Inc., 140 Wellington
St.
♦Hanson Bros. Incorporated, 56 Sparks St.
♦McLeod, Young, Weir & Co., Ltd., Ottawa
Electric Bldg.
♦Wood, Gundy & Company Limited, Victoria
Bldg.
TORONTO
Ames & Co., Limited, A. E., 320 Bay St
Bartlett, Cayley and Company Limited, 320
Bay St.
Bell, Gouinlock & Co., Ltd., 25 King St, W
♦Collier, Norris & Henderson, Limited, 320 Bay
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King St., W.
Gairdner & Company Limited, 320 Bay St.
♦Greenshields & Company, Inc., 64 King St., W
♦Hanson Bros, Incorporated, 330 Bay St.
♦Kidder & Co., A. M., 320 Bay St.
McLeod, Young, Weir & Co., Ltd., Metropolitan
Bldg.
♦Midland Securities Corporation, Ltd., Dominion
Bank Bldg.
Mills, Spence & Co., Ltd., 25 King St., W.
Wood, Gundy & Company Limited, 36 King St.,

QUEBEC
Canadian Group

MONTREAL
♦Aldred & Co., Ltd., 507 Place d’Armes
{Branch of Aldred & Co., New York)

♦Ames & Co., Limited, A. E., 360 St. James St, W
Bank of Montreal, Head Office, 119 St. James St.,
♦Bell, Gouinlock & Co., Ltd., Royal Bank Bldg.
♦Bullock, Ltd., Calvin, Aldred Bldg.
(Branch of Calvin Bullock, Jersey City)

Collier, Norris & Henderson, Limited, Aldred
Bldg.
♦Dominick Corporation of Canada, 360 St. James
St., W.
(Corporate affiliate of Dominick & Dominick,
New York)

♦Dominion Securities Corporation Limited, 275
St. James St., W.
♦Gairdner & Company Limited, 360 St. James St.,
W.
Greenshields & Company, Inc., 507 Place d’
Armes
Hanson Bros. Incorporated, 255 St. James St., W,
♦Kidder & Co., A. M., 388 St. James St., W.
♦McLeod, Young, Weir & Co., Ltd., 231 St. James
St., W.
♦Mills, Spence & Co., Ltd., 507 Place d’Armes
Royal Bank of Canada, The, 360 St. James St., W.
♦Wood, Gundy & Company, Limited, 360 St.
James St., W.
QUEBEC
♦Greenshields & Company, Inc., Price House
SHERBROOKE
♦Greenshields & Company, Inc., Sun Life Bldg.

STOCK EXCHANGE MEMBERS

1684

CALIFORNIA
LOS ANGELES STOCK EXCHANGE

618 So. Spring St.
OFFICERS: McClarty Harbison, President; S. H. Ellis, Jr., 1st Vice-President; Harry B. Brooks, 2nd Vice-President; G. C. Lambert, Treasurer;
W. G. Paul, Exec. Secretary; Inez Vermillion, Assistant Secretary; T. P. Phelan, Assistant Secretary.
MINIMUM COMMISSION RATES
Effective January 3, 1938
Minimum Commissions
SCHEDULE “I”
The following minimum rates shall apply on all stocks other than Mining
On stocks selling under $1.00 customers minimum, $2.50; preferred
Stocks and/or stocks competitive with the New York Stock Exchange and/
minimum, $1.75.
or the New York Curb Exchange.
On stocks selling at $1.00 and over customers minimum, $5.00; preferred
Preferred Rates
Customer’s Rates
minimum, $3.75.
Board Lots
Board Lots
per 100 Odd Lots
per 100 Odd Lots
Price
On transactions in which the money involved is less than $10.00 the com­
shares
shares
mission charge shall be optional
$ .25 Pro Rata
_$ .50 Pro Rata
Under 10c_
.50 Pro Rata
.25....$ 1.00 Pro Rata
10 and under $
At $
On transactions at $10.00 and over but under $50.00 the minimum com­
1.00 Pro Rata
.50___ 2.00 Pro Rata
.25 and under
At
mission to customers shall be not less than $2.50 and to those entitled to the
2.00 Pro Rata
.75___ 3.00 Pro Rata
.50 and under
At
preferred schedule not less than $1.75.
3.00 Pro Rata
1.00___
4.00 Pro Rata
.75 and under
At
5.00 Pro Rata
2.00___
7.00 13c a share
1.00 and under
At
6.00 Pro Rata
3.00___ 8.00 13c a share
2.00 and under
At
Application of Preferred Schedule
7.00 Pro Rata
4.00___ 9.00 13c a share
3.00 and under
At
8.00 Pro Rata
5.00____ 10.00 13c a share
4.00 and under
At
(A) Members may transact business at the rates prescribed in the preferred
9.00 Pro Rata
6.00___ 12.00 20c a share
5.00 and under
At
schedule when such transactions are for the account of members of the
10.00 Pro Rata
7.00___ 13.00 20c a share
6.00 and under
At
San Francisco Stock or Curb Exchanges.
11.00 Pro Rata
8.00___ 14.00 20c a share
7 00 and under
At
(B) Members may transact business at the rates prescribed in the preferred
12.00 Pro Rata
9.00... 15.00 20c a share
8.00 and under
At
schedule when such transactions are in securities traded on the New York
13.00 Pro Rata
9.00 and under 10.00... 16.00 20c a share
At
Stock or Curb Exchanges and/or the San Francisco Stock or Curb Exchanges
14.00 Pro Rata
At 10.00 and under 20.00... 19.00 25c a share
and are for the account of:
15.00 Pro Rata
At 20.00 and under 30.00. _. 20.00 25c a share
16.00 Pro Rata
At 30.00 and under 40.00.__ 21.00 25c a share
(1) Members of the New York Stock Exchange or other Exchanges
17.00 Pro Rata
At 40.00 and under 50.00... 22.00 25c a share
specifically approved by the Governing Board.
18.00 Pro Rata
At 50.00 and under 60.00... 23.00 30c a share
(2) Those organizations specifically approved in Section 8, Chapter
19.00 Pro Rata
At 60.00 and under 70.00... 24.00 30c a share
VII of the Governing Board Rules.
20.00 Pro Rata
At 70.00 and under 80.00... 25.00 30c a share
21.00 Pro Rata
At 80.00 and under 90.00___ 26.00 30c a share
(3) Approved banks.
22.00 Pro Rata
At 90.00 and under 100.00___ 27.00 30c a share
23.00 Pro Rata
At 100.00 and under 110.00___ 28.00 30c a share
24.00 Pro Rata
At 110.00 and under 120.00___ 29.00 30c a share
Competitive Stocks
25.00 Pro Rata
At 120.00 and under 130.00___ 30.00 30c a share
26.00 Pro Rata
At 130.00 and under 140.00___ 31.00 Pro Rata
Transactions in securities traded on the New York Stock or Curb Ex­
changes shall carry the Pacific Coast customers or preferred rates for such
Customers and preferred board lot schedules shall be increased $1.00 for
transactions
when such rates are at variance herewith, except as to minimum
each $10.00 increase in price at 140 and above and odd lot rates shall be
charges.
pro rata thereof.
Adams-Chadwlck Co., 650 S. Spring St.
Akln-Lambert Co., 639 S. Spring St.
Bacon & Co., 256 Montgomery St., San Francisco.
Bankamerica Co., 650 S. Spring St.
Banks, Huntley & Co., 634 S. Spring St.
Barbour, Smith & Company, 210 W. 7th St.
Bateman, Eichler & Co., 453 S. Spring St.
Battson & Co., 621 S. Spring St.
Bayly Brothers, Inc. of California, 727 West 7th St.
Bennett, Richards & Hill, 621 S. Spring St.
Brashears, G. & Co., 510 S. Spring St.
California Seaboard Corporation, 634 S. Spring St.
♦Casamajor & Doty, 619 E. Colorado St., Pasa­
dena.
Cass Associates, Quincy, 530 W. 6th St.
Cavalier, Wm. & Co.. 523 W. 6th St.
Cook, Miller & Co., Inc., 650 S. Spring St.
Crisler, L. A. & Co., 639 S. Spring St.
Crowell, Weedon & Co., 650 S. Spring St.
Dobbs, Crowe & Company, 626 S. Spring St.
Dunk-Harhison Co.. 634 S. Spring St.
Edgerton, Riley & Walter, 621 S. Spring St.
Edwards, J. B., 5223 Wilshire Blvd.
Ellis, S. H„ Inc., 639 S. Spring St.

MEMBERS
Fairman & Co., 650 S. Spring St.
Fastnow, William C., 215 W. 7th St.
Friedlander & Speth, Inc., 650 S. Spring St.
GRANT, D. G. COMPANY, Room 415, 453
S. Spring St.
Graves, Banning & Co., 629 S. Spring St.
♦Greenwood & Co., 6253 Hollywood Blvd.,
Hollywood.
Gregory, R. N. & Co., 210 W. 7th St.
Harris, F. E. & Co.. 650 S. Spring St.
Hay, Earl G., 650 S. Spring St.
♦Hogle, J. A., & Co., 532 W. 6th St.
Hopkins. Hughey & Anderson, 609 S. Grand Ave.
Hurry, Hilgers & Co., 530 W. 6th St.
Hutton. E. F. & Co., 623 S. Spring St.
Jones & Co., William H., 215 W. 6th St.
Keely, Kendall, 10401 Wyton Dr., West Los
Angeles.
Kerr & Bell, 629 S. Spring St.
Laswell & Co., 609 S. Grand Ave.
Lewis, M. H. & Co., 453 S. Spring St.
Longan, Dunn & Co., 621 S. Spring St.
Lopez & Co., 716 S. Berendo St.
(Associate members *)

MacLaughlin, Leo G., Co., 54 S. Los Robles Ave.,
Marache, Paul J. & Co., 650 S. Spring St.
Mason Brothers, 650 S. Spring St.
Miller & Co., Revel, 650 S. Spring St.
Mitchum, Tully & Co., 650 S. Spring St.
Morlan, Malcolm F„ 215 W. 7th St.
Morris & Co., A. W.. 325 W. 8th St.
♦Newland. E. H. & Co., 639 S. Spring St.
Pacific Company of California, 623 South Hope St.
Page, Hubbard & Asche, 210 W. 7th St.
Paul, W. G„ 618 S. Spring St.
Rath, Howard G. Co., 523 W. 6th St.
Rogers & Co., Hartley, 210 W. 7th St.
Schabarum, Frank A., 634 S. Spring St.
Searl-Merrick Company, 634 S. Spring St.
Sinclair, Dunlop & Co., 210 W. 7th St.
STAATS, WM. R. CO., 640 South Spring St.
Sutro & Company, 210 W. 7th St.
Wade & Co., R. C., 650 S. Spring St.
Walker, M. S„ & Co., 125 E. First St., Long Beach.
White, Wyeth & Co., 647 S. Spring St.
Young, Clarke & Co., 215 W. 7th St.

SAN FRANCISCO STOCK EXCHANGE
Officers: Wm. R. Bacon, President;

(Board Room: 155 Sansome St.)
Douglas G. Atkinson, Vice-President;
Ronald E. Kaehler, Assistant to the President;
The Anglo California National Bank, San Francisco, Treasurer.
MINIMUM RATES OF COMMISSION
on Stocks, Rights and Warrants
(Hereinafter Referred to as Stocks)

Ruth Kapelsky, Secretary.

In Effect May 2, 1938
NOTES: Whenever the commission charge based on the odd lot rate is
Per
Odd Lets Minimum
On Stocks Selling
higher than a charge for a round lot (100 shares) of the same stock, the latter
Charge
Per Share
100 Shares
Price Per Share
amount
may be charged.
$2.50
*Pro Rata
___ $ .50
Under 10c________
* On any individual transaction in stocks, rights and warrants, where
2.50
*Pro Rata
.10 but under $
.25. _ ___ 1.00
At $;
the
total
amount of money involved is $10.00 or more and less than $50.00,
2.50
.50...___ 2.00
♦Pro Rata
.25 but under
At
the minimum charge shall be $2.50 for each transaction. When the total
2.50
.75...___ 3.00
*Pro Rata
.50 but under
At
amount
involved
is less than $10.00, the minimum charge may be discretion­
2.50
1.00...___
4.00
*Pro
Rata
.75 but under
At
ary with the member.
2.50
2.00... ___ 5.00
13c
1.00 but under
At
Orders
executed
locally in stocks dealt in on the New York Stock Exchange
2.50
___
6.00
3.00...
13c
2.00 but under
At
or the New York Curb Exchange shall take the following New York-Western
2.50
4.00_.. ___ 9.00
13c
3.00 but under
At
2.50
rates
for
such
stocks:
___
10.00
5.00...
13c
4.00
but
under
At
At $1.00 but under $2.00 per share____ ____ ____ $7.00 per 100 shares
2.50
6.00... ___ 12.00
20c
5.00 but under
At
At $2.00 but under $3.00 per share______ ____ __ $8.00 per 100 shares
2.50
7.00...___ 13.00
20c
6.00 but under
At
2.50
8.00__ ___ 14.00
20c
7.00 but under
At
Minimum
BONDS
2.50
___
15.00
9.00_.
20c
8.00
but
under
At
Charge
2.50
20c
9.00 but under 10.00... ___ 16.00
At
Up
to
$125.00,
$10,000
lots..............
.$25.00
per
$10,000
par
value.
.$2.50
2.50
___
19.00
20.00..
25c
10.00
but
under
At
(Odd Lots Pro Rata)
2.50
25c
At 20.00 but under 30.00...___ 20.00
At
$125.00
and
over
rates
for
stocks
apply
2.50
21.00
40.00..-___
25c
30.00
but
under
At
2.50
(except that an odd lot is less than $10,000 par value).
25c
At 40.00 but under 50.00...___ 22.00
3.00
30c
At 50.00 but under 60.00...___ 23.00
On all shipments of securities for customers (or incident to customers’ pur­
3.00
30c
At 60.00 but under 70.00..-___ 24.00
3.00
chases or sales), whether eastbound or westbound, insurance and postage
30c
At 70.00 but under 80.00...___ 25.00
shall be charged to all customers at the following rates:
3.00
30c
At 80.00 but under 90.00...___ 26.00
REGULAR MAIL (RAIL): 15c per $1,000 of market value on non3.00
100.00...___
27.00
30c
90.00
but
under
At
negotiable securities with a minimum charge of 30c; 20c per $1,000 of market
3.00
30c
At 100.00 but under 110.00...___ 28.00
value on negotiable securities with a minimum charge of 45c. AIR MAIL:
At 110.00 and over the commission, per 100 shares, shall be increased
30c per $1,000 of market value on non-negotiable securities with a minimum
$1.00 for each $10.00 increase in selling price.
charge of 50c; 50c per $1,000 of market value on negotiable securities with
a minimum charge of 75c. If a member accounts to a customer for several
THE ODD LOT RATE on stocks selling:
orders involving one shipment, the total proceeds may be added and the
At $110.00 but under $130.00 per share, shall be 30c per share.
insurance and postage charges may be made on the total proceeds at the
At$130.00 per share and above, shall be a pro rata of the round lot rate.
rates above specified.
Further Information on firms appearing In bold face type will be found in the selected list of Investment Dealers foUowing bank list In eaeb city.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

STOCK EXCHANGE MEMBERS

1685

SAN FRANCISCO STOCK EXCHANGE—Continued
Adams, W. W., 465 California St.
Adams, W. W. & Co., 465 California St.
Alanson, Bertram E., 486 California St.
Alanson Bros. & Co., 486 California St.
♦American Brokerage, Inc., 460 Montgomery St,
Atkinson, Douglas G„ 50 Post St.
Bacon & Co., 256 Montgomery St.
Bacon, Wm. R., 256 Montgomery St.
Baerwald, Ernst., Suite 12, Mills Bldg.
•Bankamerica Company, 485 California Street
Barth & Co., J., 482 California St.
Berl, Edwin D., 256 Montgomery St.
Bolton & Co., Robert C., 486 California St.
Bond, Pierce & Co., 519 California St.
Bond, Paul G., 519 California St.
Brayton, Harold, 50 Post St.
Brennan, James E., 50 Post St.
Broy, D. M., Russ Bldg.
Buchanan & Co., H. H., 15 E. Santa Clara St.,
San Jose, Calif, and 50 Post St., San Francisco,
Cavalier, Wm. & Co., 121 Sutter St.
Clayburgh, Herbert E., 482 California St.
Coleman, Jr.. Robert L„ 133 Montgomery St.
Curran, Hooker & Fay, 155 Sansome St.
Davies & Co., 300 Standard Oil Bldg.
Davis, Skaggs & Co., 211 Montgomery St.
Dickey & Co., 216 Montgomery St.
Dickey, Wm. Duvall, 216 Montgomery St.
Douglass, Earl S., 317 Montgomery St.
Duncan & Co., Calvin E„ 519 California St.
Dunn, Frank M., 232 Montgomery St.
Dwyer, Frank M., 155 Sansome St.
Dwyer & Parrish, 155 Sansome St.
Eastland & Co., 1 Montgomery St.
Ede, Jr., William, 569 Russ Bldg.
Ehrman, Jr., Alexis L„ 133 Montgomery St.
•Elworthy & Co., Ill Sutter St.
Epstein, Gustav, 482 California St.

MEMBERS AND MEMBER FIRMS
Fay, Jr., Charles W., 155 Sansome St.
Fisher & Co., 351 Montgomery St.
Frankenheimer, B. J., Ill Sutter St.
Greene, Howard J., 407 Montgomery St.
Greenwood, G. M., 1501 Russ Bldg.
Greenwood-Raggio & Co., 1501 Russ Bldg.
Grimes, Thornton E., 490 California St.
Grimes & Swift, 490 California St.
Gross, Richard P., Kohl Bldg.
Gross, Richard P. & Co., Kohl Bldg.
Heintz, Geo. A., 351 Montgomery St.
Heilman, R. H., 517 California St.
Hellmann-Lewin & Co., 517 California St.
Heron, Donald, 604 Kohl Bldg.
Hoelscher, Sherman, 265 Montgomery St.
Holt & Ede, 569 Russ Bldg.
Hooker, John R., 155 Sansome St.
Howell, Douglass & Co., 317 Montgomery St.
Howell, James B., 317 Montgomery St.
Jacobsen, Rudolph E., 486 California St
Jenkins, Reginald C., 225 Montgomery St
Johnson, Joseph A., Suite 610, Russ Bldg
Kahn, Sidney P„ 482 California St.
Keyston & Co., 50 Post St.
Keyston, F. B. Co., 50 Post St.
Keyston, George N., 50 Post St.
Koshland & Co., Max I., Suite 12, Mills Bldg
Leib, O’Connor & Co., 3014 Russ Bldg
Lewis & Broy, Russ Bldg.
Lilienthal, M. P„ 1543 Russ Bldg.
Lilienthal, M. P„ & Co., 1543 Russ Bldg
Lundborg, Clift, 121 Sutter St.
Lundborg, Irving & Co., 604 Kohl Bldg.
Mack, Jr., Harold L., 3014 Russ Bldg.
Mason Brothers, Central Bank Bldg., Oakland and
1 Montgomery St., San Francisco.
Maxwell, Victor T., 1 Montgomery St
McDonnell & Co., 633 Market St.
McNear & Company, 362 Russ Bldg.
McNear, Edward H., 362 Russ Bldg.
(Associate Member*)

Miller, G. Willard, 45 Montgomery St.
Monasch & Co., 485 California St.
Monasch, Jr., David J., 485 California St.
Newell, Coons & Co., 232 Montgomery St.
Norris, L. H. & Son, 1343 Russ Bldg.
Norris, Lucius G„ 1343 Russ Bldg.
Park, Howard G., 155 Sansome St.
Parrish, Earl T., 155 Sansome St.
Pierce & Co., E. A., 301 Montgomery St.
Platt, Robert R., 300 Standard Oil Bldg.
Pringle, Edward 0., 1 Montgomery St.
Purrington, Elwin E., 50 Post St.
Raiss & Co., Carl, 256 Montgomery St.
Raiss, Carl, 256 Montgomery St.
Ridley, Robert M„ 633 Market St.
Schwartz, Sidney L., 407 Montgomery St
Shaughnessy & Co., Frank C„ 604 One Elevea
Sutter Bldg.
Shaughnessy, Frank C„ 604 One Eleven 8utter
Bldg.
Shaw, Hooker & Co., 1 Montgomery St
Simon, Richard O., 482 California St.
Skaggs, C. W., 211 Montgomery St.
♦WM. E. STAATS CO., 155 Montgomery St.
Stem & Co., John D„ 111 Sutter St
Strassburger & Co., 133 Montgomery St
Sutro, Adolph G., 1000 Point Lobos Ave.
Sutro & Co., 407 Montgomery St.
Traylor, John C., 50 Post St.
Van der Naillen, Ralph E., 1 Montgomery St
Wade & Co., Suite 610, Russ Bldg.
Walston & Co., 265 Montgomery St
Watson, R. B., 50 Post St.
Wheeler, Rollo C., 2011 Russ Bldg.
Wight, C. R., 519 California St.
Willard, Robert H„ 121 Sutter St.
Wilson, Francis A., 1112 Russ Bldg.
Witter, Dean & Co., 45 Montgomery 8t.
Woods, Wm. W., 301 Montgomery St.

COLORADO
COLORADO SPRINGS STOCK EXCHANGE
President—Horace M. Ragle, Mining Exchange Bldg.

Secretary—C. M. Balkam, 418 Mining Exchange Bldg.

(P. 0. Box 196)
SATES OF COMMISSION
Adopted December 31,1325
Under lc per share...................................................... 3 .60 per 1,000 shares
ON BONDS
At lc and under 2c per share............................................. 75 per
1,000shares
(Effective July 17, 1934)
At 2c and under 5c per share.................................... 1.25 per
1,000shares
At 5c and under 10c per share................................... 2.00 per
1,000shares
$1.50 per $100 bond—for total par values of $100 to $500 Inclusive.
At 10c and under 20c per share............................... 3.00 per 1,000 shares
$3.00 per single bond of $1,000 par value.
At 20c and under 30c per share................................. 4.00 per 1,000 shares
$2.60 for each bond In even multiples of $1,000 par value.
At 80c and under 40c per share................................. 5.00 per 1,000 shares
At 40c and under 50c per share................................ 6.00 per 1,000 shares
At 50c and under 75c per share................................. 7.60 per 1,000 shares
At 75c and under 81.00 per share............................. 10.00 per 1,000 shares
At $1.00 and under $2.00 per share......................... 2.00 per 100 shares
BOARD-LOTS
At $2.00 and under $3.00 per share...................... 4.00 per 100 shares
5,000 shares in stocks selling at less than 2c per share.
At $3.00 and under $5.00 per share......................... 6.50 per 100 shares
1,000 shares In stocks selling at 2c and less than 50c per share.
At $5.00 and under $10.00 per share........................ 7.50 per 100 shares
500 shares in stocks selling at 60c and less than $2.00 per share, except
•At $10.00 and under $25.00 per share......................15.00 per
100shares
the
shares of the Holly Development, Holly Oil, Table Mesa Oil in which
At $25.00 and over per share..................................... 25.00 per
100shares
100 shares constitute a board-lot.
(Minimum commission shall not be less than $1.00 on an Individual
100 shares In stocks selling at $2.00 and less than $10.00 per share.
transaction.)
10 shares In stocks selling at $10.00 and over per share.
•Golden Cycle Corp.—20c per share.
Dally quotations are for board-lots only
MEMBERS
Balkam, O. M„ 338 First Nat’l Bk. Bldg.
Leiphelmer, N., Independence Bldg.
Sachs, Henry, First Nat’l Bk. Bldg.
Carlton, L. G„ Golden Cycle Bldg.
Nicholson, W. F., Mining Ex. Bldg.
Gray, William, Mining Exchange Bldg.
Penrose, Spencer, Broadmoor Hotel
Young, H. A., Independence Bldg.
Hopkins, O. D„ Mining Exchange Bldg.
Quentin, E. E. & Co., 930 Equitable Bldg., Denver.
Hughes, E. W. & Co., Mining Ex. Bldg.
Ragle, Horace, Mining Ex. Bldg.
Young, R. 8., Mining Ex. Bldg.

DISTRICT OF COLUMBIA
WASHINGTON STOCK EXCHANGE
632 Washington Bldg.

Washington Stock Exchange Officers:
James M. Johnston, Pret,
William W. Mackall, Jr.,V. p.
George M. Ferris, Sec.
Edson B. Olds, Jr., Tr.

COMMISSION CHARGES
(Effective March 15, 1938)
BONDS
Government.............................................................................. 12^c. per $100
All other bonds................................................. ........... ...........25c. per $100

STOCKS
Under 50c---------_--------------------- ----------lL>o per
ner share
share
50c to ^ths_________
q^2C per
per snare
share
11 to l^ths____________ lc
per
share
gc per share
2 to 4%ths_______________________:::::::
5 to 9^ths-----------------------------------x 2c per share
10 to 24%ths---------------------i5c per share
25 to 49^ths_______________________
20c per share
50 to 74%ths___________ _____________:
........ 25c per share
75 to 99%ths__________
371, per share
100 to io9^ths________________________ :::::::::::::50c per share
For each additional $10 or fraction thereof, 5c additional.
Commissions on Rights shall be the same as those fixed for stocks
Fraction shares,
of regular commission.
Minimum charge on transactions amounting to $50 or more $3
Under $50, 6% of amount, or $1.50 whichever is higher

Farther Information on firms appearing In bold lace type will be found In tbe selected list of Investment Dealers following bank list In each dty.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

STOCK EXCHANGE MEMBERS

1686

WASHINGTON STOCK EXCHANGE—Continued
Auchincloss, Parker & Redpath, 719 15th St.,
N. W.
Booker, Yelverton E., American Security Bldg.
Booker, Y. E., & Company, American Security
Bldg.
Brawner Jno. F., c/o Waggaman, Brawner & Co.,
Inc., 1700 Eye St.. N. W.
Brown, Goodwyn and Olds, American Security
Bldg.
Casilear, R. A., Falls Church, Va.
Cramer, Geo. F., 1700 Eye St., N. W.
Elgin, James C., Hibbs Bldg.
English, Merton A., Washington Bldg.
Erwin, Henry P., Hibbs Bldg., 725 15th St. N. W.
Exnicios, Marshall O., Shoreham Bldg.
Ferris George M., Washington Bldg., 15th &
New York Ave., N. W.
Ferris & Co., Inc., George M., Washington Bldg.
Flather, H. H„ 725 Hibbs Bldg.
Folger, Nolan & Co., Inc., American Security
Bldg.
m
Garrett, George A., 815 15th St., N. W.
Gockeler, C. J„ 619 14th St., N. W.
Golden, Theodore T., American Security Bldg.

MEMBERS
Hall, Frank M„ Southern Bldg.
Hall, Peters and Bryson, Southern Bldg., 15th
& H. Sts. N. W.
Hendrick, J. Thilman, Hibbs Bldg.
Hillyer, Edward L., c/o Union Tr. Co., 15th & H
Sts., N. W.
Hoffman, John M., 719—15th St., N. W.
Jacobsen, Charles, 613 15th St., N. W.
Johnson, O. H. P„ 613 15th St.. N. W.
Johnston, James M., Southern Bldg.
Johnston, Lemon, & Company, Southern Bldg.,
15th & H Sts., N. W.
Jones, Robert C„ Shoreham Bldg., 15th & H Sts.,
N. W.
Jones & Co., Inc., Robert C„ Shoreham Bldg.
Legg, Jr., John C., Woodward Bldg.
Lemon, James H., Southern Bldg.
Mackall, Jr., William W., Woodward Bldg.
MACKUBIN, LEGG & CO., Woodward Bldg.
15th & H Sts., N. W.
McKnew, Fairfax & Company, Inc., 719 15th
St., N. W.

Nees, Bernard J., Southern Bldg.
Nolan, James P„ American Security Bldg.
O’Donnell, James, 15th and Eye Sts., N. W.
Olds, Jr., Edson B., American Security Bldg.
Parker, Jr., Chauncey G„ 719 15th St., N. W.
Patterson, Harold C., 719 15th St., N. W.
Perry, J. Carl, Hibbs Bldg.
Quail, Myles H., American Security Bldg.
Robinson, T. Baker, 815—15th St., N. W.
Rodler, P. P„ Hibbs Bldg.
Spaid, W. W., Hibbs Bldg.
Thoron, Benjamin, 2900 N. St., N. W.
Waggaman, Brawner & Co., Inc., 1700 Eye St.,
N. W.
Wales, Kenneth S., 815 15th St.
Wales & Company, Inc., K. S., 815 15th St., N. W.
Watson, George A., 815 15th St., N. W.
Westheimer, Milton F., 211 E. Redwood St., Balti­
more, Md.
Westheimer & Company, 211 E. Redwood St.,
Baltimore, Md.
Wilkins, John F„ 1700 Massachusetts Ave., N. W.

HAWAII
HONOLULU STOCK EXCHANGE
Officers: Joe Andrade, President; G. H. Kellerman, Vice-President; Geo. E. Parker, Executive Secretary; Hawaiian Tr. Co., Ltd., Treasurer.
MINIMUM RATES OF COMMISSION
Adopted by

Selling below $ 0.10
0.10
Selling
at
it
a
0.50
if
it
1.00
ft
ft
2.00
3.00
4.00
if
if
5.00
6.00
7.00
8.00
9.00
if
it
10.00
if
it
15.00
20.00
it
it
25.00
it
a
30.00

and
“
“
“
“
“
“
“
“
“
“
“
“
“
“
“

HONOLULU STOCK EXCHANGE
Effective February 1, 1938
On stocks, rights and warrants executed locally—listed and unlisted
per share
$ 40.00 and under $50.00 0.30
Selling at
V2c per share
“
60.00 0.35
50.00 ‘
under $ 0.50 0.01
it
it
0.35
4
“
70.00
60.00
“
“
1.00 0.01
it
it
“
80.00 0.40
70.00 ‘
“
“
“
2.00 0.02
it '
it
44
90.00 0.40
80.00 4
“
3.00 0.04
it
it
4
100.00 0.40
90.00
.
“
4.00 0.06
U
tt
100.00 4 above
A of 1%
“
5.00 0.08
“
6.00 0.10
Minimum Commission Rates on Stocks, Rights and Warrants—
0.12
“
7.00
When the amount involved in the transaction is less than $5.00, the com­
“
8.00 0.14
mission shall be as mutually agreed. When the amount is $5.00 or more,
“
9.00 0.16
but less than $10.00, the minimum commission shall be $1.00. When the
“
10.00 0.18
amount involved is $10.00 or more, but less than $50.00, the minimum com­
“
15.00 0.20
mission shall be $2.00. Otherwise, the minimum commission shall be $3.00
“
20.00 0.22
on each individual transaction.
“
25.00 0.24
On Bonds the minimum commission rate is one quarter of one per cent on
“
30.00 0.26
par, but not less than 50c.
“
40.00 0.28

Andrade, Joe, 89 Merchant St.
Bishop Trust Co., Ltd., 1415 King St. Bldg.
Campbell, A. J., 79 Merchant St.
Cooke Trust Co., Ltd., 920 Fort St.

MEMBERS
Duesenberg & Co., 114 Merchant St.
Hawaiian Trust Co., Ltd., 120 S. King St.
Love, W. A., P. 0. Box 578.

Rice, Jr., A. H„ 227 S. King St.
Walker, Samuel A., 828 Fort St.
Witter, (Dean) & Co., 115 Merchant St.

ILLINOIS
CHICAGO STOCK EXCHANGE
(120 South LaSalle St.)
Officers: Arthur M. Betts, Chairman of the Board and President pro tem;
Warren A. Lamson, Chairman, Executive Committee;
Robert J. Fischer, Vice Chairman, Executive Committee;
Sidney L. Parry, Assistant to the President;
Martin E. Nelson, Assistant Secretary and Assistant Treasurer;
Jess Halsted, Secretary;
Kenneth L. Smith, Assistant Secretary;
Walter R. Hawes, Assistant Secretary and Floor Manager
RATES OF COMMISSION
(a2) On business for members of the Exchange when a principal is no
given up, the commission shall be not less than the following:
As may be mutually agreed upon.
Selling at less than 1% of face
value of principal—
Not less than 62Ac per $1,000 face
Selling at 1% or above but under
value of principal.
10% of face value of principal—
Not less than $1.25 per $1,000 value
Selling at 10% of face value of
of principal.
principal and above—
(a3) On business for members of the Exchange when a principal is given
up, the commission shall be not less than the following:
As may be mutually agreed upon.
Selling at less than 1% of face
value of principal—
Not less than 25c per $1,000 face
Selling at 1% or above but under
value of principal.
10% of face value of principalNot less than 37 Ac per : 1,000 face
selling at 10% of face value of
value of principal.
principal and above—
(b) On securities of the United States, Porto Rico and the Philippine
Islands, and of states, territories and municipalities therein, on business
for members of the Exchange as well as non-members, the restrictions as to
minimum commissions contained in this Article shall not be applicable, but
the rates to be charged shall be such as may be mutually agreed upon.
(c) On Bonds or Notes of Foreign Countries having five years or less
to run; Bonds, Notes of Corporations having five years or less to run; such
rates to members or non-members as may be mutually agreed upon.

ARTICLE XVI
COMMISSIONS
Section 1. Commissions shall be charged and paid under all circum­
stances, upon all purchases or sales of securities dealt in upon the Exchange
wherein a member acts as an agent and shall be absolutely net and free
from all or any rebatement, return, discount or allowance, and no bonus
or any percentage or portion of the commission shall be given, paid or
allowed, directly or indirectly, or as a salary or portion of a salary, to any
clerk or person for business sought or procured for any member of the
Exchange.
When a member acts as a principal in a transaction with a non-member,
the price charged to the non-member shall reflect an amount equal to the
commission prescribed for a similar transaction if made on an agency basis.
Sec. 2. Commissions shall be calculated on the basis hereinafter specified:
BONDS
(a) On bonds, having more than five years to run:
(al) Oil business for parties not members of the Exchange, including
joint account transactions in which a non-member is interested; transactions
for partners not members of the Exchange; and for firms of which the
Exchange member or members are special partners only, the commission
shall be not less than the following:
As may be mutually agreed upon.
Selling at less than 1% of face
value of principal—
Not less than $1.25 per $1,000 face
Selling at 1% or above but under
value of principal.
10% of face value of principal—
Not less than $2.50 per $1,000 face
Selling at 10% of face value of
value of principal.
principal and above—

Further Information on firms appearing in bold face type will be found In the selected list of Investment Dealers following bank list in each city.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

STOCK EXCHANGE MEMBERS

1687

CHICAGO STOCK EXCHANGE—Continued
BATES OF COMMISSION—Continued
STOCKS
(e) In transactions where orders are received from a non-member, wherein
the broker filling the order is directed to give up another broker or clearing
(d) On Stocks, Rights and Warrants (hereinafter referred to as stocks),
except on called stocks:
member, the responsibility of collecting the full commission as specified in
paragraphs (al), (b) and (dl) hereof, shall rest with the broker or clearing
(dl) On business for parties not members of the Exchange, including
member settling the transaction.
joint account transactions in which a non-member is interested; transactions
(f) In transactions where orders are received from a member on which
for partners not members of the Exchange; and for iirms of which the
the clearing member is given up by said member or by his order, the respon­
Exchange member or members are special partners only, the commission
shall be not less than the following:
sibility of collecting the full commission, as specified in paragraphs (a2),
(b), (c) and (d2) hereof, shall rest with said clearing member. It shall be the
duty of the broker who executes such orders to report such transactions
On Stocks Selling
Per Share
to the clearing member and, except as provided in paragraph (d4) of this
Section, to bill and collect from it therefor at the rate specified in paragraphs
at 1/256 of SI
0.1
(a2), (b), (c) and (d3) hereof; and also that where a broker executes an
at 1/128 of $1
0.15
order for a member and clears the security himself, he must charge the
at 1/ 64 of SI and above but under 2/32of SI
0.5
rates specified in paragraphs (a2), (b), (c) and (d2) hereof.
at 2/ 32 of $1
0.5
over 2/ 32 of $1 but under 8/32 of $1
l
(g) The minimum charge for the service of clearing member’s trans­
actions shall be not less than the dilference between the prescribed minimum
at 8/ 32 of SI and above but under 1/2of $1
1.5
at 1/
2 of $1 and above but under $1
3
rates for clearance and give-up business in paragraphs (d2) and (d3) of
this section.
at SI and above butunder $ 2
5
at $2 and above butunder S3
6
(h) The commission rate to non-members and members on stocks which,
at S3 and above butunder $ 4
7
pursuant to call or otherwise, are to be redeemed within twelve months shall
at S4 and above butunder $ 5
8
be not less than one-half the rates prescribed in Section 2 and Section 3 of
at $5 and above butunder $6
9
this article.
at $6 and above butunder S 7
10
Sec. 3. The minimum commission on transactions in stocks for non­
at S7 and above butunder $ 8
li
shall:
members
at S8 and above butunder $ 9
12
(a) where the transaction involves less than $5.00, be as mutually
at $9 and above butunder $10
13
agreed upon;
On stocks selling at S10.00 and above, a 13-cent base rate plus one cent
(b) where the transaction involves $5.00 or more but less than $50 00,
for each S10 of the price per share.
be 6% of such amount or $1.00, whichever is greater; and
Provided, however, that the minimum commissions on non-member
(c) where the transaction involves $50.00 or more, be not less than
business shall be not less than as provided in Section 3 of this Article.
$3.00;
(d2) On business for members of the Exchange when a principal is not
Provided, however, that the commission to be charged on a single order
given up, the commission shall be not less than the following:
to buy or sell a stated number of shares of a single security at a single price,
ucuts
although price changes may be made within the time limit of the order,
On Stocks Selling
Per Share
shall be calculated on the basis of one order without regard to the number
at 1/256 of $1
0.05
of transactions involved in the execution of the order; and provided further,
at 1/128 of $1
0.1
that the commission to be charged on a limited order involving the purchase
or sale of a full lot and an odd-lot of a single security with the regular odd-lot
at 1/ 64 of $1 and above but under 2/32of $1
0.2
differential taken into consideration in the price of the odd-lot shall be
at 2/ 32 of $1
0.375
calculated on the basis of one order.
over 2/ 32 of $1 but under 8/32 of $1
0.5
at 8/ 32 of $1 and above but under 1/2of $1
0.75
(d) Upon the clearance business between members where the transaction
at 1/ 2 of $1 and above but under $1
0.8
involves $5.00 or more but less than $50, the minimum commission shall be
at $1 and above but under $10
1.8
50c; and where the transaction involves $50 or more, the minimum com­
at $10 and above but under $50
3.9
mission shall be $1.00.
at $50 and above but under $100
4.1
. (e) Upon give-up business between members where the transaction
at $100 and above but under $125
4.2
involves $5.00 or more but less than $50, the minimum commission shall
at $125 and above
5.3
be 25c; where the transaction involves $50 or more, the commission shall
be 50c, except that there shall be no minimum commission fixed upon
Provided, however, that the minimum commissions on individual trans­
transactions in odd-lots executed by members for and on behalf of odd-lot
actions shall be not less than as provided for clearance business in Section 3
dealers. The commissions to be paid by the registered odd-lot dealer to
of this Article.
the odd-lot agent upon the execution of transactions in odd-lots, shall be
(d3) On business for members of the Exchange when a principal is given
calculated in accordance with Section 2 of this Article without minimum.
up, the commission shall be not less than the following:
See. 4. No suspended member, nor any firm registered on the Exchange
by reason of his membership, shall be entitled to members’ rates during the
On Stocks Selling
Per Share
time of suspension, except members’ rates may be charged where suspension
at 1/256 of $1
0.05
has been for insolvency.
at 1/128 of $1
0.1
Sec. 5. No agreement or arrangement shall be entered into between a
at 1/ 64 of $1 and above butunder 2/32 of $1
0. l
member or his firm and a customer, whereby special and unusual rates of
at 2/ 32 of $1
0.25
interest
are stipulated or money advanced upon unusual terms are made a
over 2/ 32 of $1 but under 8/32of $1
0.25
condition in connection with the conducting of an account, with intent
at 8/ 32 of $1 and above butunder 1/2of $1
0.5
thereby
to give special or unusual advantages to such customer, for the
at 1/ 2 of $1 but under $1
0.5
purpose of securing his business. Mailing charges on securities and the
at $ 1and above but under $ 10
1.3
registration
fee under the Securities Exchange Act of 1934 shall be charged
at $ 10and above but under $ 50
2.6
the customer.
at $ 50and above but under $100
2.7
at $100and above but under $125
2.8
Sec. 6. No payment shall be made to customers of the proceeds from
the sale of securities on the day of the sale and before the money is received
at $125 and above
3.3
by the broker, unless interest is charged. When securities purchased for a
customer are not paid for by him on the day they are received and paid
Provided in no case shall the minimum commission be less than as pro­
for by the broker, interest must be charged from that date to the date of
vided for give-up business in Section 3 of this Article.
payment. Where a material or more than nominal loss is sustained, either
(d4) On odd-lot orders in dually listed stocks designated for optional
through bank exchange or interest, the same must be charged to the cus­
trading tiled with an odd-lot dealer by a broker acting for another member,
tomer;
except that bank exchange or interest on all transactions made on a
upon execution, the broker so acting shall render to the clearing member
single day for a single customer, aggregating less than one dollar, need not be
his bill at the rates specified in paragraphs (a2), (b), (c) and (d3) hereof,
regarded
as material and may be waived by the broker.
and (e) of Section 3 of this Article. Upon execution, the odd-lot dealer
shall promptly report the same to the clearing member verbally, and in
Sec. 7. Any member wilfully violating this Article, directly or indirectly,
writing to the broker who filed the order.
shall, upon conviction, for the first offense, be fined five hundred dollars,
and shall be suspended for a period of not less than three months; and for
A broker acting for another member who intends to be absent from the
the second offense shall be expelled.
floor shall designate to the odd-lot dealer as his substitute a member on
the floor. The substitute shall receive the written report from the odd-lot
Sec. 8. Notwithstanding any of the foregoing provisions, a member
dealer and render to the clearing member his bill at the rates specified in
may, at his option, on transactions in securities listed on this Exchange, but
paragraphs (a2), (b) and (d3) hereof, and (e) of Section 3 of this Article
executed on another exchange, of which he is a member, charge the rates
with respect to any odd-lot orders executed during the first broker’s absence.
of such other exchange.
Abbott, Proctor & Paine, 120 Broadway, New
York, N. Y.
Anderson. Robert B., 1335 E. 52nd St.
Andrew, L. A., Jr., 134 S. La Salle St.
Annan, David H., 141 W. Jackson Blvd.
Apgar, Daniels A Co., 120 S. LaSalle St.
Archer, W. K. & Co., 926 Baltimore Ave., Kansas
City. Mo.
Armour, Laurance H„ 33 N. LaSalle St.
Armstrong, Frederick W„ 132 W. Monroe St.
Atkins, Hamill & Gates, 204 Electric Bldg.,
Indianapolis, Ind.
Austrian, Harvey S., 141 W. Jackson Blvd.
Avery & Co., 134 S. La Salle St.
i

BABCOCK, RUSHTON & CO., 135 S. LaSaUe
BACHE, J. 8. A CO., 316 S. LaSalle St.
BACON, WHIPPLE & CO., 135 S. LaSalle St.
Baker. Alfred L. & Co.. Ill S. LaSalle St.
Baur, Willis S., 316 S. LaSalle St., Board of Trade
Bldg.
Becker. Paul M., 231 S. LaSalle St.
Bell & Farrell, 119 Monona Ave., Madison, Wis.
Bennett, James E. & Co., 332 S. LaSalle St.
Benson, George B„ 135 S. LaSalle St.

MEMBERS
Benson, Thaddeus R., 745 Sheridan Rd., Winnetka, Ill.
Benz, George W., 300 Shubert Bldg., St. Paul,
Minn.
Benz, Herbert G., 300 Shubert Bldg., St. Paul,
Minn.
Bidgood. Clyde H., 105 W. Adams St.
Blesch, Joseph G., 1546 Sherwin Ave.
Bloomingston, Jno. A., 160 N. LaSalle St.
Blum, Harry H„ 630 S. Michigan Ave.
Blumenthal & Ward, 120 S. LaSalle St.
Bodman, Harold C„ Villa Diana Fiesole, Florence,
Italy.
Boorman, Earl D„ 120 S. LaSalle St.
Boyce, W. Graham, Jr., Hill & Summit Rds., High­
land Park, Ill.
Boyden, William C„ Jr., 135 S. La Salle St.
Brewster, Walter S., 135 S. La Salle St.
Bridgen, Clarence J„ 209 S. LaSalle St.
Bright, Elmer H., & Co., 84 State St., Boston,
Mass.
Brockhaus, Philip W., 208 S. LaSalle St.
BROWN BROTHERS HARRIMAN & CO.,
135 S. LaSalle St.
Brown, J. Dorsey. 4306 Greenway. Baltimore. Md.
Brown, Joseph P„ 120 S. LaSalle St.

Brown, Sherman J., 209 Kresge Bldg., Rich­
mond, Ind.
Bryan, Benj. B„ Jr., 999 Sheridan Road, Lake
Forest. Ill.
Buhler, Walter J„ 120 S. LaSalle St.
Burdick, John R„ Jr., 208 S. LaSalle St.
Burel, Robert L., 4180 S. W. 8th St., Miami, Fla.
Burmeister, Jno. C., Jr., 231 S. LaSalle St.
Byrne, Edward J., 120 S. LaSalle St.
Cahn, Morton D., 120 S. LaSalle St.
Cardona, Raymond, Great Northern Hotel.
Carter, Ford R., 120 S. LaSalle St.
Cavaney, James A.. 332 S. LaSalle St.
Chambers (Henning) & Co., 431 W. Jefferson St.,
Louisville, Ky.
Chapin, S. B. & Co., 209 S. LaSalle St.
Church, George F., 134 S. LaSalle St.
Clayton, Gilbert M., 1928 Morse Ave.
Cleary & Co., 120 S. LaSalle St.
Cleland, Karsner, 105 S. LaSalle St.
Clement, Austin A., 231 S. LaSalle St.
Clement, Cnrtis & Co., 231 S. LaSalle St.
Clucas, E. W.. & Co., 70 Pine St., New York, N. Y.
Coleman, Clarence L., 25 S. Market St.
Collins, Timothy A., 231 S. LaSalle St.
Cook, Charles K., 40 Wall St., New York.
Cotton, Earl H., Southwestern Bank Bldg., Dallas,
Tex.

Further information on firms appearing in bold face type will be found in the selected list of Investment Dealers following bank list in each city


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

STOCK EXCHANGE MEMBERS

1688

CHICAGO STOCK EXCHANGE—Continued
MEMBERS—Continued
Coultry, Gilbert H., 120 S. LaSalle St.
Craigie, James, 120 S. LaSalle St.
Creitz, Lee M„ 231 S. LaSalle St.
Curran, Peter A.. 105 S. LaSalle St.
Daniels, Roy I., 141 W. Jackson Blvd.
Davis, Maurice, 141 W. Jackson Blvd.
Davis, Paul H. & Co., 10 S. LaSalle St.
Davis, Robert C„ Box 618, Ojai, Calif.
Dean, J. Clarke, 120 S. LaSalle St.
deConingh, Peter C., 5480 Cornell Ave.
Dltt, Paul C. A Co., 120 8. LaSalle St.
Doering, Otto C.. 333 N. Michigan Ave.
Doty, Arch C„ 105 W. Adams St.
Dougall, Chancellor, 10 S. LaSalle St.
Edgerton, John J„ 61 Broadway, New York.
Edwards, A. G„ & Sons, 409 N. Eighth St., St.
Louis, Mo.
Eiseman, Lester M„ 7010 Paxton Ave.
Eldredge, Charles H., 208 S. La Salle St.
Ernst A Company, 231 S. LaSalle St.
Fairman, Randall A Co., 208 S. La Salle St.
Faroll Bros., 141 W. Jackson Blvd.
Farwell, Chapman A Co., 208 S. LaSalle St.
Feicht, Arthur J., 175 W. Jackson Blvd.
Feinberg, Joseph H.f 10 S. LaSalle St.
Fenner & Beane. 141 W. Jackson Blvd.
Fertig, Leonard J., & Co., 731 Court St., Fort
Wayne, Ind.
Fischer, Robert J., 135 S. La Salle St.
Forberg, Walter 0., 10 S. La Salle St.
Forschner, A. J.. 12150 Parnell Ave.
Francis, Bro., A Co., 222 N. 4th St„ St. Louis, Mo.
Frank, A. R. A Co., 120 8. LaSalle St.
Freeburne, Roy W., 1455 King St., East, Hamilton,
Ont., Canada.
Freehling, Norman, 120 S. LaSalle St.
Friedman, Brokaw A Samish, 711 St. Charles St.,
St. Louis, Mo.
Frommer A Co., 338 N. Capitol St., Indianapolis,
Ind.
Foller, Cruttenden A Co., 120 S. LaSalle St.
Furness, Thomas F., Ill S. LaSalle St.
Oerwlg, Frank L. & Co., 135 S. LaSalle St.
Gibson, Robert H., 235-7 Scott Blvd., Covington,
Ky.
Gifford, Cedric C„ 120 S. LaSalle St.
Gifford, Lewis F., R. F. D. 5, Wooster, O.
Glass, Walter, 135 S. LaSalle St.
GLORE, FORGAN * CO., 123 S. LaSalle St.
Goodbody & Co., 115 Broadway, New York, N. Y.
Graham, Percy, Jr., 1320 N. State St.
Granberry & Co., 50 Broadway, New York, N. Y.
Gray, Luman H., 120 Pipestone St., Benton
Harbor, Mich.
Griffin, John J., 120 S. La Salle St.
Gross, Gilbert, 1700 S. Michigan Ave.
Guild, David D„ 135 S. LaSalle St.
Hachtmann, George E„ 10 S. LaSalle St.
Haerther, William W., 22 W. Monroe St.
Halle & Stieglitz, 25 Broad St., New York, N. Y.
HALLGAJtTEN A CO., 12* S. LaSalle St.
Hansen, Howard S., 2523 Central St., Evanston,
Ill.
Hardenbrook, Burt W., 38 S. Dearborn St.
Harris, Burrows & Hicks, 135 S. La Salle St.
Harris, Upham & Co.. 135 S. La Salle St.
Harrison, Arthur C„ 134 S. LaSalle St.
Harrison, O’Gara A Co., 209 S. LaSalle St.
Hastey, Robert P., 4720 Greenwood Ave.
Hemphill, Noyes A Co., 141 W. Jackson Blvd.
Hermes, John P., 332 S. LaSalle St.
Hill A Co., 2020 Carew Tower, Cincinnati, Ohio
Hill, Harvey T., 231 S. La Salle St.
Hilliard, J. J. B. A Son, 419 W. Jefferson St.,
Louisville, Ky.
Holley, J. M., Jr., & Co., 120 S. La Salle St.
Hopkins, William L., 650 S. Spring St., Los Angeles,
Calif.
Homblower & Weeks, 39 S. LaSalle St.
Howell, Douglass & Co., Russ Bldg., San Francisco,
CaUf.
Hoyne, Mellinger & Co., 231 S. La Salle St.
Hoyt, Frederick T., 160 N. LaSalle St.
Hulburd, Warren & Chandler, 208 S. LaSalle St.
Hummer (Wayne) & Co., 105 W. Adams St.
Hutton, W. E., & Co., 1st N. Bk. Bldg., Cincinnati,
Ohio.
Hyman, Rae F., 630 Garland Ave., Winnetka, Ill.
Iverson, Chester S., 918 Clinton Place, River
Forest, Ill.
Jablonski, August I., 120 S. LaSalle St.
Jackson Bros., Boesel & Co., 26 Broadway, New
York, N. Y.
Jackson & Curtis, 231 S. LaSalle St.
Jamieson, Stewart E., 10 S. LaSalle St.
Jelke (Frazier) A Co., 40 Wall St., New York, N. Y.

Jenks, Gwynne A Co., 65 Broadway, New York,
N. Y.
Jones, Edward D., & Co., Boatmens Bank Bldg.,
St. Louis, Mo.
Kaplan. Robert, 5801 S. State St.
Karasik, Nathan, 337 E. Illinois St.
Keefe, John G„ Route 3, Antioch, Ill.
Kelly, Chas. P., 19 Rector St., New York City.
Kinsman, Charles E., 245 Claremont St., Elmhurst,
Ill.
Kirk, Van G., 105 S. La Salle St.
Kirkeby, A. S., The Drake, Lake Shore Drive.
Kissilove, J. M., 10 S. La Salle St.
LAMBORN, HUTCHINGS A CO., 231 B.
LaSalle St.
Lamson Bros. & Co., 141 W. Jackson Blvd.
Lamy, Raymond P., 1226 Elmwood Ave.,
Evanston, Ill.
Lancton, William F.. 209 S. LaSalle St.
Langill & Co., 134 S. La Salle St.
Lehman Bros., 231 S. LaSalle St.
Lippmann, Albert F., 105 S. LaSalle St.
Lizars (Rawson) A Co., 135 S. LaSalle St.
Logan. Stuart, 2344 Lincoln Park West.
Lowenbach, Harry J., Box 36, Glenview, Ill.
Lowitz, E„ A Co., 29 Broadway, New York, N. Y.
Lyons, W. L., A Co., 231 So. Fifth St., Louisville,
Ky.
Mabon A Co., 1 Wall St., New York, N. Y.
Magner, Joseph F., 6333 Wayne Ave.
Masten, A. E., A Co., First Nat’l Bk. Bldg.,
Pittsburgh, Pa.
Matthews, Walter N„ c/o Pittsburgh Nu-Enamel
Co., Inc., 401 Smithfield St., Pittsburgh, Pa.
McDermott, Francis 0., 120 S. LaSalle St.
McDonald, Frank E. & Co., 120 S. LaSalle St.
McMaster, Stewart, 120 S. La Salle St.
McMaster, Hutchinson A Co., 105 S. LaSalle St.
Merkle, Frank P., 225 Leicester Rd., Kenilworth,
Ill.
Meyerhoff, Irving E., 120 S. LaSalle St.
Mills, H. J. & Co., 120 S. LaSalle St.
MITCHELL, HUTCHINS A CO., 2318. LaSalle
St.
Molloy, Edward P., 135 S. LaSalle St.
Molloy, John J., 135 S. LaSalle St.
Molyneaux, Thomas F., 332 S. LaSalle St.
Montgomery, Scott A Co., 123 So. Broad St.,
Philadelphia, Pa.
Moore, McLean A McDermott, 200 S. LaSalle St.
Morse, William H., 141 W. Jackson Blvd.
MOSELEY, F. S. A CO., 135 S. LaSalle St.
Myers, Joseph W., 120 S. LaSalle St.
Nance, Clement A., 506 S. Wabash Ave.
Neuhut, Plohn A Co., 60 Broad St., Mew York,
N. Y.
Newman, Harry E„ 209 S. LaSalle St.
Norris, James, 141 W. Jackson Blvd.
Norris & Kenly, 208 S. LaSalle St.
Noyes, David A. & Co., 208 8. LaSalle St.
Nussbaum, Bertram, Sherry Hotel.
Nussbaum, Paul E., 1166 East 54th Place.
OLIPHANT, JAS. H. A CO., 200 S. LaSalle Bt.
Paine, Webber & Co., 209 S. LaSalle St.
Patton, Joseph R. & Co., 120 S. LaSalle 8t.
Paulman, Henry, 135 S. LaSalle St.
Payne, Harry M., 120 S. LaSalle St.
Peabody, Howard B., 25 N. Franklin St.
Peabody, Stuyvesant, 231 S. La Salle St.
Perrill, (Alger) A Co., 231 S. LaSalle St.
Phillips, Richard W., 120 S. LaSalle St.
Pierce, E. A. & Co., 105 W. Adams St.
Piper, Jaffray & Hopwood, 115 So. 7th St.,
Minneapolis, Minn.
Plamondon, A. D., Jr., 135 S. LaSalle St.
Pratt, Joseph M., 135 S. La Salle St.
Prince, F. H„ i Court St., Boston, Mass.
Purcell, Lawrence N., 209 S. LaSalle St.
Quinn, David H., 231 S. LaSalle St.
Reid, Robert H., 10 S. LaSalle St.
Reinholdt & Gardner, 400 Locust St., St. Louis,
Mo.
Renshaw, William B., 231 S. LaSalle St.
Renwick, J. Stewart, 105 East Delaware St.
Reynolds & Company, 120 Broadway, New York,
N. Y.
Reynolds, Maurice V., 22 West Monroe St.
Richardson, Howard C., Jr., 141 W. Jackson Blvd.

Riter & Co., 134 S. LaSalle St.
Roach, Edward A., 120 S. LaSalle St.
Rodger, Arthur T„ 10 S. LaSalle St.
Roeder, Joseph A., 20 N. Wacker Drive.
Rogers, Frank E.. 10 S. LaSalle St.
Roseniield, John M., 120 S. LaSalle St.
Rothschild A Co., 105 W. Adams St.
Ryan & McManus, 39 Broadway, New York, N.Y.
Sadler A Co., 105 S. LaSalle St.
Sawyer, R. B„ 1031 Maple Ave., Evanston, Ill.
Schenck, Robert F„ Jr., 10 S. LaSalle St.
Schmaltz, James J., 327 S. LaSalle St.
Schroth, Theodore F., Boatmen’s Bank Bldg.,
St. Louis, Mo.
Schroth, Wilbur H„ 120 S. LaSalle St.
Scobie, David P„ 175 W. Jackson Blvd.
Seaverns, George A., Jr., 164 W. Jackson Blvd.
Sharp, Edward L„ 231 S. LaSalle St.
Shearson, HammiU A Co., 208 S. LaSalle Bt.
Shields & Company, 135 S. LaSalle St.
Shlmmin, Robert P. A Co., 135 S. LaSalle St.
Shipley, Charles A., 120 LaSalle St.
Sigmann, Robert A., 120 S. LaSalle St.
Simon, I. M., & Co., 315 N. 4th St., St. Louis, Mo.
Simpson, James Jr., 1 N. La Salle St.
Simpson. William B„ 1300 N. Branch St.
Sincere A Co., 231 S. LaSalle St.
Smart, R. H. A Co., 141 W. Jackson Blvd.
Smith, Barney & Co., 105 W. Adams St.
Smith Bros A Co., 29 S. LaSalle St.
Smith, Solomon A., 50 S. LaSalle St.
Smith, Walter B., 50 S. LaSalle St.
Smith, Wharton C., 106 E. 4th St., St. Paul,
Minn.
Solomon, Leslie J., 223 W. Jackson Blvd.
Spicer, Henry S„ Pigott Bldg., 36 James St., So.,
Hamilton, Ontario, Canada.
Spinney, Fred, 141 W. Jackson Blvd.
Stannard, Frederick J., 120 S. LaSalle St.
Stearns, David P., 2407 Bennett Ave., Evanston.
Stein Bros. & Boyce, 6 S. Calvert St., Baltimore,
Md.
Stein, Brennan & Co., 9 S. LaSalle St.
Stein, Irving C„ 231 S. LaSalle St.
Sterling, Louis V., 42 Broadway, New York.
Strick. Charles A., 135 S. LaSalle St.
Stuart, Harold L„ 201 S. LaSalle St.
SUTRO BROS. A CO., 134 S. LaSalle St.
Swift, Henke & Co., 135 S. LaSalle St.
Talcott, Potter A Co., 141 W. Jackson Blvd.
Teegarden, Frank W., 120 S. LaSalle St.
Templeton’s Sons, J. S., 141 W. Jackson Blvd.
Thompson, Arthur R„ 120 S. LaSalle St.
Thomson A McKinnon, 316 S. LaSalle St.
Thorn, King C„ 2117 Lincolnwood Drive, Evans­
ton, Ill.
Thorson A Stewart, 120 S. LaSalle St.
Turner, Alfred E„ at Winthrop, Mitchell A Co.,
141 W. Jackson Blvd.
Turner, Tracy L„ 232 E. Walton Place.
Underwood, Morgan P., 231 S. LaSalle St.
Vehmeyer, Henry L., 209 S. LaSalle St.
Vose, Hamilton, Jr., 450 W. Superior St.
Wachenheim, Donald, 105 W. Adams St.
Waldheim, Platt A Co., 308 No. Eight St., St.
Louis, Mo.
Walker, G. H„ A Co., 503 Locust St., St. Louis,
Mo.
Watling, Lerchen A Hayes, Buhl Bldg., Detroit,
Mich.
Webster. Marsh A Co., 209 So. La Salle St.
Webster, Virgil C., 120 S. LaSalle St.
Weinress A Co., 231 S. LaSalle St.
WTheeler, John E., 105 S. LaSalle St.
Wilcox A Co., 14 Wall St., New York.
Wilkinson, Frank R., 209 S. La Salle St.
Williams, Lucian E., 135 S. LaSalle St.
Williams, Mackenzie, 420 Lexington Ave., New
York City.
Wilson, Harold C„ 7446 Indiana Ave.
Wilson, Hugh H„ at David A. Noyes A Co.,
208 S. LaSalle St.
Wilson, Robt. C., 6909 Merrill Ave.
Winter, Wallace C., 135 S. LaSalle St.
WINTHROP, MITCHELL A CO., 141 W.
Jackson Blvd.
Witter (Dean) A Co., 45 Montgomery St., San
Francisco, Calif.
Wood, Edwin T., 120 S. LaSalle St.
Wood, R. Arthur, 231 S. LaSalle St.
Wortman, G. R. A Co., Aurora National Bank
Bldg., Aurora, Ill.
Wright, Warren, 33 N. LaSalle St.
Young, Clarke A Company, 215 W. 7th St., Los
Angeles, Calif.

Further Information on Arms appealing in bold face typo will bo found In the selected list of Investment Dealers following bank list In oaeb city.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

STOCK EXCHANGE MEMBERS

1689

LOUISIANA

NEW ORLEANS STOCK EXCHANGE

Officers: Geo. E. Williams, President;

Larz E. Jones, Vice-President;

George J. Krummel, Secretary,

Emmett Meyer, Assistant Secretary.

Robert R. Wolfe, Treasurer;

KATES OF COMMISSIONS
Established by the New Orleans Stock Exchange. To be charged on all Transactions.
On D. 8. Bonds___________________________________ 52.50 per $1 000 00
by the U. S. Government; (c) any class of bonds maturing within six
On State, City, Levee and all other Bonds.rr”r””r”.S5.00 per $1,000 00
months.
On all bonds maturing within 1 year................................$1.25 per $1,000B0
♦By resolution of the Governing Committee it is permissible for members
On all bonds maturing from 1 to 3 yrs............................ $2.50 per $1,000 00
to charge on these issues the minimum commission prevailing thereon
on the other exchange on which these bonds are listed.
TT .
ON ALL STOCK8 SELLING:
MLflfty.centsf-v---- c~z —------------------------- As mutually agreed
On Exchange, Theatre and Club Stocks selling:
i, nncen^? ancI a^?Ye’but under $1.00-----Not less than 3 cts. per share
At
or
below $100.00.....____..................._ $5 00 ner sham
At sifwin'nn tn
...... .............—.................--12H cts. per share
Between
$100.00
and $1,000.00__________ ......
5% of market Talus
At fen'Rn Rp
!fR>PRnper sh?re---------------- -..................25 cts. per share
At f 1.000.00 and up to $5,000.00, exclusive...:..:::....$5o“o per sham
j? f?nr?nnUp
®10°.00 per share..--------- ------------------ 50 cts. per share
I,
up
t0
$10,000.00,
exclusive.....................$100.00
per sham
At $100.00 and over....------ ------------------- 1% of Market price per share
At f 10.000.00 and up to $15,000,00, exclusive.................. $150.00 per sham
On stocks selling at $200.00 per share and over, 50 cts. for the first $200 00
At $15,000.00 and up to $20,000.00_________
$200.00 per sham
in price and 5 cts. per share additional for each $50.00 increase'in
Commissions on rental of Exchange stocks shall be $5.00 as a minimum
price or fraction thereof.
charge.
The minimum commission of $2.00 on any one transaction shall not apply
On
rentals for periods less than one year the commission shall be pro-rated,
on transactions in (a) U. S. Government bonds; (b) any bonds guaranteed
provided no commission less than $5.00 shall be charged.
THE MINIMUM CHARGE ON ANY ONE TRANSACTION SHALL BE $2.00

MEMBERS
Airey A Richardson, 816 Union St

Gumbel, Herbert, 610 Maritime Bldg.

Alrey, T. L„ 816 Union St.
Alcus. S. T„ Jr., 603 Whitney Bldg.

Huggins. Allen C., 839 Gravier St.
Hyams, C., 610 Common St.
Hyams, C. H., III., 610 Common St.

Beer & Co., 817 Gravier St.

Jones, Larz A., I. C. R. R. (Union Station).
Jones. Larz E„ 319 Hibernia Bank Bldg.

Clark, Russell, Maritime Bldg.

Lamar, Kingston & Labouisse, 1605 Canal Bk
Bldg.
Lamar, L. V., 1605 Canal Bank Bldg
Liuzza, Philip J., 214 Carondelet Bldg.
Marquez, Vernon, 818 Gravier St.
McLean, Chas. I., Gulf Bldg., Houston, Tex.
Mysing, A. W., 722 St. Louis St.
Nusloch, Geo. H„ 827 Hibernia Bank Bldg.
Nusloch, Baudean & Smith, 827 Hibernia Bank
Bldg.

DANK Sc WEIL, 1528 Canal Bk. Bldg.
Dane. Jno., 1528 Canal Bank Bldg.
D’Antoni, B. S., 708 American Bank Bldg.
Feibleman, T. J. .210 Carondelet Bldg.
Fenner & Beane, 818 Gravier St.

Fenner Chas. E. 818 Gravier St.
Fowler, H. W.. 214 Balter Bldg.

Ogden, Fred N„ 403 American Bank Bldg.
Pierce & Co., E. A. Maritime Bldg.

Gray & Wilmerding, Gulf Bldg., Houston, Tex.

Plauche, Jas. J., 724 .Common St.

Poupart, S. J., 823 Perdido St., (Room 202).
Schulze, C. H„ 1831 S. Dupre St.

Schweickhardt, E. R., 708 American Bank Bldg
Steinhardt, Jeffrey, 1528 Canal Bank Bldg.
Villere, Ernest C., 552 Canal Bank Bldg.

Villere & Co., St. Denis J., 552 Canal Bk. Bldg.
Vincent, Hugh E„ 301 Vincent Bldg.

Waters & Alcus, 603 Whitney Bldg.
Wells, Chas. W., 408 Cotton Exchange Bldg.
Wells & Stanton, 408 Cotton Exchange Bldg.
Wheeler, Jr., A. B., 724 Common St.
Wheeler & Woolfolk, 724 Common St

Williams, Geo. E., 817 Gravier St.
Wolfe & Fowler, 717 Carondelet Bldg.
Wolfe, Robert R., 717 Carondelet Bldg.
Woolfolk, J. W., 724 Common St.

Woolfolk, Huggins & Shober & Co., 839 Gravier St.

MARYLAND

BALTIMORE STOCK EXCHANGE
(208 E. Redwood St.)

Officers: Chas. W. L. Johnson, President
J. Dorsey Brown, Vice-President

Walter M. Weilepp, Secretary
RATES OF COMMISSION

R. L. Thompson, Treasurer
M. L. Rodemeyer, Assistant Secretary-Treasurer

(Effective August 1, 1938)
Minimum Commissions on Stocks Selling at Prices Below

Under 10c a share___________ _____ _______
At 10c a share and above, but under $1..""’

NonMembers

_

jc

^

------

At $1 a share and above, but under $4________________ 5C
At $4 a share and above, but under $7_______ .
At $7 a share and above, but under $10________
. ~
At $10 a share and above, but under $30____ _________
At $30 a share and above, but under $50____
~
At $50 a share and above, but under $75______________
”
At $75 a share and above, but under $100________________ ~
At $100 a share and above, but under $150_______________
At $150 a share and above, but under $200__________ 50c
At $200 a share and above................................................................

7uc

ioc
isc
20c
25c,
30c
40c
1

of amount
of
transaction

Abell, Walter W„ 2nd, 401 Stock Exchange Bldg.
Allen, Edw. D., 210 Keyser Bldg.
Edward D. Allen & Co., 210 Keyser Bldg.

BAKER, WATTS Sc CO., Calvert and Red­
wood Sts.
Baker, Wm. G.. Jr., Calvert and Redwood Sts

Beli, Vernal W., 135 E. Baltimore St.

Binford. Charles T., 10 South St
Blocher, Thomas S„ 802 Union Trust Bldg.
Block, Simon J., 201 Keyser Bldg.
Block. Simon J., & Son, 201 Kevser Bldg.

Bousman, Floyd W., 210 Keyser Bldg.
Boyce, C. Prevost, 6 S. Calvert St.
Alexander Brown & Sons, 135 E. Baltimore St.
Brown, J. Dorsey, 404 Stock Exchange Bldg.
Bruton & Co., 1531 Munsey Bldg.
Bruton, Leonard Marshall, 1531 Munsey Bldg.
Cahn & Co., Frank B„ Equitable Bldg.
Carroll, Douglas G„ 107-108 Stock Exch. Bldg.
Carroll & Co., Douglas G„ 107-108 Stock Ex­
change Bldg.

Cassilly, Thos. A., Stock Exchange Bldg.
Castles, John W„ 111 E. Redwood St.

Daly, Lee E., 23 South St.
Daly & Co., Owen, 23 South St.
Davies, H. L„ 500 Stock Exchange Bldg.
Drewry, Cooper R., Stock Exchange Bldg.

Duer, Henry L., 500 Stock Exchange Bldg.
Elder, Wm. Voss, Jr., 210 Keyser Bldg.

Evans, Henry C., 6 S. Calvert St.
Fahenstock, Albert, Stock Exchange Bldg.
Fisher, Frank of J., 10 South St.

J. Harmanus Fisher & Sons, 10 South St.
Robert Garrett & Sons, South and Redwood Sts.
Gould, Theodore 405-6 Keyser Bldg.

The minimum commission rate to non-members on any stock traded in
on the Baltimore Stock Exchange and also on any other National Securities
Exchange may, at the option of the member, be the Baltimore minimum
commission rate or the minimum commission rate prescribed on such other
National Securities Exchange.
• The minimum commission charged to non-members on any completed
^ ,y^ual transaction in stocks involving a total amount of $50.00 or more,
shall be not less than $3.00. On all transactions involving a total amount
ol less than $50.00, the commission shall be $1.00 or 6% of the amount
whichever is greater.
Commissions on rights shall be the same as those fixed for stocks.
Minimum Commissions on Bonds Selling at Prices Below
NonAt 10 ($100 per $1,000 par value) or above......... .........................
Under 10 ($100 per $1,000 par value)___________ __________
At less than 1 ($10 per $1,000 par value)____________
.
Except that on bonds having five years or less to run to maturity
and selling at 96 and above, but not above 110, the rates shall be

$1 25
62J4c
$1.25

.The minimum commission charged on any transaction in bonds shall be
50.

MEMBERS
Griswold, Jr., B. Howell, 135 E. Baltimore St.
Haxall, J. Triplett, 1037 St. Paul St.
Howard, John D., South and Redwood Sts.
Howard & Co., John D„ South and Redwood Sts.
W. E. Hutton & Co., 1st N. Bk. Bldg.
Iglehart, Joseph A. W., First National Bank Bldg.
Jenkins, T. Courtenay, 10 South St.
Jenkins, Whedbee & Poe, 10 South St.

Johnson, Chas. W L. 508 Stock Exchange Bldg.
Jones, Elisha Riggs, 6 S. Calvert St.
Jones, John Marshall, 225 E. Redwood St.
Jones & Co., John Marshall, 225 E. Redwood St.
Koppelman, Walter, 219-221 E. Redwood St.
Kriegel. Leo, 500 Stock Exchange Bldg.
Lanahan & Co., W. W., Calvert Bldg.
Lanahan, W. Wallace, Calvert Bldg.
Legg, John C., Jr., 222 E. Redwood St.
Leimbacb & Co., 7 St. Paul St.
Leimbach, Walter G., 7 St. Paul St.
Lemoine, Oscar M., South and Redwood Sts.
Lockwood, Peck & Co., 708 Keyser Bldg.
Mackubin, George, 222 E. Redwood St.
MACKUBEV, LEGG Sc CO., 222 E. Redwood St.
Marburg, F. Grainger, 502 - 5 Keyser Bldg.
Marburg, Price & Co., 502-5 Keyser Bldg.
Matthews. T. Stockton, South and Redwood Sts.
Mead, W. Carroll, 511-13 First National Bank
Bldg.
Mead, Irvine & Co., 511-13 First National Bank
Bldg.
Mitchell, Jr., C. Benjamin, 10 South St.
Morgan, Shirley C„ Equitable Bldg.
Nelson, Alex C., 508 Stock Exchange Bldg.
Poe, Philip L., 105-106 Stock Exchange Bldg.
Poe & Co., Philip L., 105-6 Stock Exchange Bldg.

Post, George B„ Jr., 101-3 Stock Exchange Bldg.
Post & Flagg, 101-3 Stock Exchange Bldg.
Riggs, Henry G., 32 South St.
Riordan, John J., Jr., Homewood Apts
Rogers, C. Holden, 10 South St.
Rosenburg, Abel A., c/o Mackubin, Legg A
Co., 222 E. Redwood St.
Schaefer, Herbert W„ 402 First National Bank
Bldg.
Schaefer & Co., Herbert W., 402 First Nationa
Bank Bldg.
Schwarz, Howard S., 202 Keyser Bldg
8chwarz, Morton & Schwarz, 202 Keyser Bldg.
Scott, Geo. M., Stock Exchange Bldg.
Smith, Barney & Co., Ill E. Redwood St.
Soper, Harry B., 312 Vickers Bldg.
Stein Bros. & Boyce, 6 S. Calvert St.
Stewart C. Morton, Calvert and Redwood Sts.

Strother, Brogden & Co., Calvert and Redwood Sts.

Strother, T. Nelson, Calvert and Redwood Sts.
Taylor, Howard R., 107-8 Stock Exchange Bldg.
Howard R. Taylor & Co., 107-8 Stock Exchange
Bldg.
Thompson, R. L., 402 Stock Exchange Bldg.
Tilden, Marmaduke, 708 Keyser Bldg.
Weilepp, Walter M., 207-8 Keyser Bldg.
Westheimer & Co., 211 E. Redwood St.

Westheimer, Henry F„ 211 E. Redwood St.
Whedbee, James S., 10 South St.
Wheeler, J. Harold, 101-3 Stock Exchange Bldg.
Whelan. Jr., Thomas A., 222 E. Redwood St.
White & Co., Henry M„ 1414 Fidelity Bldg.
White, Henry M., 1414 Fidelity Bldg.,
Whiteley, T. Evans, Stock Exchange Bldg.
Whitridge, William, Garrett Bldg.
Whitridge & Son, John A., Garrett Bldg.
Wilson, Jr., J. Sawyer, 111 E. Redwood St.

Further Information on firms appearing In bold face type will be found In the selected list of Investment Dealers following bank list in each city.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

1690

STOCK EXCHANGE MEMBERS

MASSACHUSETTS
BOSTON STOCK EXCHANGE
53 State Street
Officers: William B. Long, Pres.

Mark R. Hodges, Tr.

Stephen Paine, Vice-Pres.

Henry E. Tracy, Sec.

MINIMUM RATES OF COMMISSION
In Effect January 1, 1938
ON BONDS, PER $1000 OF PRINCIPAL
Railroad, public utility and industrial bonds, having more than five years
to run.
Selling Price
„ ,
Per $1000 of Principal
Rate
Under 10% of Par_________ ____ _________ _____ Not Less Than 75c
10% of Par and above but under 100% of Par---------Not Less Than $1.25
100% of Par and above________________________ Not Less Than $2.o0
(Government Bonds are exempt from the regular rate)
ON STOCK, RIGHTS AND WARRANTS
(Hereinafter referred to as “Stocks”)
Selling Price
_ .
Per Share .
T Rate per Share
1/256 of $1..------------------Not Less Than 0.1c
1/128 of $1
Not Less Than 0.15c
1/64 of $1 to and including 2/32 of $1------------------ Not Less Than 0.5c
Over 2/32 of $1 but under 8/32 of $1---------Not Less Than 1.0c
8/32 of $1 and above but under Y of $1--............. --Not Less Than 1.5c
Y of $1 and above but under $1-------Not Less Than 3.0c
$1 and above but under $2---------------------------------Not Less Than 5.0c
$2 and above but under $3------Not Less Than 6.0c
$3 and above but under $4........... -...........................Not Less Than 7.0c
$4 and above but under $5-------------------------------- Not Less Than 8.0c

Selling Price
_ .
0.
Per Share
Rate per share
$5 and above but under $6..........................................Not Less
Than9.0c
$6 and above but under $7........................
NotLessThan10.0c
$7 and above but under $8----------------------NotLess Than11.0c
$8 and above but under $9............................
NotLessThan12.0c
$9 and above but under $10.............. -......... -.............Not Less Than 13.0c
(Base Rate;
sn0 and above
_________ Not Less Than 13.0c base rate plus
siuanaaoove-............. i.0c for each $10 of the price per share
Notwithstanding the foregoing, when the amount involved in a transaction
is less than $1, the commission shall be as mutually agreed; when the amount
involved is $1 or more but less than $50, the minimum commission shall be
not less than 6% of such amount or $1, whichever is greater; and when the
amount involved is $50 or more, the minimum commission shall be not less
than $3.
On Bonds or Notes of Foreign Countries having five years or less to run;
Notes of Corporations having live years or less to run; Bonds having five
years or less to run; such rates to members or non-members as may be
mutually agreed upon; provided, however, that the Committee on connmissions with the approval of the Governing Committee, may hereafter
determine special rates on any or all of the above mentioned securities.

MEMBERS
Adams, L. Sherman, 10 Post Office Square
Adams, Weston W., & Co., 31 State St.
Amsden, Malcolm F., 53 State St.
J. S. BACHE & CO., 10 Post Office Square.
Baldwin & Co., 30 Federal Street.
Batchelder, Hanrahan & Co., 332 Main St.,
Worcester, Mass.
Besse, Harry W. & Co., 60 State St.
Bolles, Richard F., 35 Congress St., Room 1003.
Boyden, Charles, 50 Congress St., Room 628.
Bradley, Edward M., 215 Church St., New Haven,
Conn.
Brannan, Wm. J., 75 Federal St.
Brickley (Parker, A.) 296 Temple, West Roxbury.
Bright, Elmer H. & Co., 84 State Street.
Bright, Sears & Co., 53 State Street.
Brown Brothers Harriman & Co., 10 P. 0. Square.
Brown, Waldo M., 49 Federal St.
Brown, Walter J., 53 State St.
Burr, Gannett & Co., 53 State Street.
Butterfield, Chas. B., 53 State St.
Cahill, Richard M. F„ 53 State St.
Chapin & Co., S. B., 53 State St.
Clark, Dodge & Co., 70 Federal Street.
Collins, Breed & Co., Shawmut Bk. Bldg.
Colwell & Co., 209 Washington Street.
Cousens, Foster, 53 State St.
Crocker, Percy G. & Co., 19 Congress Street.
Crowninshield, B. Davis, 75 Federal St.
Dabney, F. L. & Co., 10 Post Office Sq.
Dabney, Frederick L., 925A Boylston St.
Davis & Davis, 10 Weybosset St., Providence, R. I.
DAT, R. L. & CO., 45 Milk Street.
Dean, James, 201 Devonshire St., Room 631.
ESTABROOK & CO., 15 State Street.
Fay, S. Prescott, Framingham Centre, Mass.
Fernald, Lloyd D„ 3d Nat’l Bank Bldg., Springfield, Mass.
Foster, Hatherly, Jr„ 85 Devonshire St.
Gagen, T. F. & Co., 53 State Street.
Gilbert, Edward W„ 53 State St., Room 36 B.
Giroux, Archibald R„ 53 State St., Room 36B.
Hammond, James R., 30 State St.
Hanlon, Gordon B., & Co., 100 Milk St.

Hayden, Stone & Co., 75 Federal Street.
Hentz, H., & Co., 75 Federal St.
Hibbs, W. B„ & Co., Hlbbs Bldg., Washington,
D. C.
Hill, E. Melville, 15 Ashton Ave., Newton Centre,
Mass.
Hines, Robertson & Co., 60 Congress 8treet.
Hodgdon, Howard W., 84 State St.
Hornblower, Henry, 60 Congress St.
Hornblower & Weeks, 60 Congress St.
Hovey, Chandler, & Co., 82 Devonshire Street,
Room 326.
Hubbard, Richard, 10 Post Office Square.
Hunnewell & Co., 49 Federal St.
Hunt, Carleton, 24 Federal St.
Hutchins & Parkinson, 53 State Street.
Iliff, Richard S., 35 Congress St.
Jackson, Walter, 216 Central Ave., Milton, Mass.
Jackson & Curtis, 10 Post Office Square.
Jenney, Wm. T., 84 State St.
Kelly, Michael A.. 84 State St.
KIDDER, PEABODY & CO., 115 Devonshire
Street.

Paine, Webber & Co., 24 Federal Street.
Peterson, John H., 60 State St.
Pierce & Co., E. A., 24 Federal Street.
Pingree, Daniel, 84 State St.
Pitcher, Osborne H., 31 State St.
Pitman, Harold A., 53 State St., Room 1032.
Poor, Stearns, 84 State St.
Prince, F. H., & Co., Court and Washington Sts.
Proctor, Cook & Co., 35 Congress Street.
Reed, Jacob, 8 Foster St., Worcester, Mass.
Rich, Geo. A., 53 State St.
Sanford & Kelley, 20 Market St., New Bedford,
Mass.
Schirmer, Atherton & Co., 79 Milk Street.
Sears, Winslow, 68 Devonshire St.
Sewall, R. Lentner, 60 State St.
Shethar, John B., 120 Broadway, N. Y.
Simmon, David A., 10 Post Office Square.
Smith, Barney & Co., Ill Devonshire St.
Smith, James P. & Co., 1387 Main St., Springfield,
Mass.
Southgate & Co., 33 State St.
Southgate Ray E., 53 State St.
Stevens, Samuel W., 45 Milk St.

Kingsbury, Thayer, Keene, N. H.
Kinsley & Adams, 6 Norwich St., Worcester, Mass.
Kitching, E. J. & Co., 53 State Street.
Laidlaw & Co., 110 Franklin Street
Lee, Frederic M., 53 State St.
Lee, Higginson & Co., 50 Federal Street.
Leland, John D., 110 Franklin St.
Logan & Bryan, 42 Broadway, New York, N. Y.
Long, Harry V., 10 Post Office Square.
Long & Nash, 10 Post Office Square.
Lord, George F„ 18 Wave St., Lynn, Mass.
Lund, Chas. G., 110 Franklin St.

Thomson & McKinnon, 10 Post Office Square.
Thorndike & Allen, 53 State Street, Room 310.
Thornquist, Carl J., 53 State St.
Tifft Brothers, 50 Congress Street.
Tobey, Walter P., 84 State St.
Todd, Charles Lee, Jr., Ill Devonshire St.

Mann & Gould, 35 New Derby St., Salem, Mass.
Monahan, Edward C., 50 Congress St.
Moors & Cabot, 111 Devonshire Street.
Moran, John J. & Co., 53 State Street, Room 636.
Morgan, J. P., & Co., 23 Wall St., New York, N. Y.

Walker, G. W. & Co., 10 Post Office Sq.
Webber, Ralph B., 53 State St.
Whitney, Byam & Co., 53 State Street, Room 633.
Whitney & Elwell, 30 State Street.
Wiggin, Russell B., 53 State St.
Williams, Ralph E., 35 Congress St.
Williams, Robert W., 53 State St.
Winsor, Kennard, 115 Devonshire St.
Worden, William M., 84 State St.

MOSELEY, F. S. & CO., 50 Congress Street.
Mott, Louis P. & Co., 80 Federal Street, Room 808
Newman, Harding C„ 10 Post Office Square.
Nickerson, Henry G., 60 State St.

TOWNSEND, ANTHONY & TYSON, 30 State
Street.
Treadwell, James R., 53 State St., Room 203.
Tucker, Anthony & Co., 74 State Street.
Wainwright, H. C. & Co., 60 State Street, Room
101.

Yerxa, John E., 30 State St.

Further Information on firms appearing In bold face type will be found In the selected list of Investment Dealers following bank list in eacb city.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

STOCK EXCHANGE MEMBERS

1691

MICHIGAN
DETROIT STOCK EXCHANGE

(415 Griswold St.)
Clark C. Wickey, Executive Vice-President & Secretary; Denis J. Alison, Vice-President;
Lawrence 0. Angstrom, Treasurer.
COMMISSION RATES
Stocks selling under 50c per share, 2% of amount involved.
Stocks selling at $75.00 per share and above, but under $100.00, not less
than 20c per share.
Stocks selling at 50c per share and above, but under $1.00, not less than
3c per share.
Stocks selling at $100.00 per share and above, but under $200.00, not
less than 25c per share.
Stocks selling at $1.00 per share and above, but under $10.00, not less
than 7>^c per share.
Stocks selling at $200.00 per share and above, but under $250.00, not
Stocks selling at $10.00 per share and above, but under $25.00, not less
less than 30c per share.
than 12J^c per share.
For each additional $50.00 in price, 5c additional.
Stocks selling at $25.00 per share and above, but under $50.00, not less
Provided however, that the minimum commission on all transactions in
than 15c per share.
listed securities shall be not less than $3.00, except in cases where the amount
Stocks selling at $50.00 per share and above, but under $75.00, not less
involved is $50.00 or less, the minimum commission may then be at the
than 17J^c per share.
discretion of the member.
Officers: George A. Miller, President;

Alison & Co., 244 Buhl Bldg.
Angstrom, Lawrence C., 904 Penobscot Bldg.
Avery & Co., 1126 Buhl Bldg.
Avery, Clarence F., 60 Broad St., New York, N. Y.
BACHE, J. S. & CO., 735 Griswold St.
Baker, Simonds & Co., 1134 Buhl Bldg.
Balcom, Yorke R., 1446 Penobscot Bldg.
Beard, Frederick H., 1880 Penobscot Bldg.
Bennett, Smith & Co., 640 Griswold Street.
Bollinger, Paul T., 1904 Penobscot Bldg.
Brown, Orman E„ 1666 Penobscot Bldg.
Butler, James M., 328 Penobscot Bldg.
Butler & Co., J. M„ 328 Penobscot Bldg.
Carpenter, Jos. N„ 67 Broad St., N. Y.
Cody, Wm. F., 1753 Union Guardian Bldg.
Crouse Sc, Co., 1800 Penobscot Bldg.
Crouse, Charles B„ 1800 Penobscot Bldg.

MEMBERS
Hulburd, Warren & Chandler, 208 S. LaSalle St.,
Chicago, Ill.
Humphries, Angstrom & Co., 904 Penobscot Bldg.
HUTTON, W. E. & CO., COO Griswold St.
Hutton, William E., 600 Griswold St.
King, Boug, Stodgell & Co., 224 Penobscot Bldg.
Kreidler, Chas. A., 1134 Buhl Bldg.
Larzelere, Joseph E., 224 Penobscot Bldg.
Lee & Co., William M., 613 Ford Bldg.
Lewine, Jerome, Hanover Square, New York,
N. Y.
Livingstone, S. R., 1356 Penobscot Bldg.
Livingstone, S. R. & Co., 1356 Penobscot Bldg.
Marks, A. L., 314 Ford Bldg.
Marks, Burton, 775 Penobscot Bldg.
McDonald, Claude G„ 1000 Buhl Bldg.
McLean, John F., 1806 Penobscot Bldg.
McLean & Co., John F., 1806 Penobscot Bldg.
Miller, George A., 1444 Buhl Bldg.
Moody, Bollinger & Co., 1904 Penobscot Bldg.
Moss, W. E„ 2416 Umon Guardian Bldg.
Moss, W. E. Sc Co., 2416 Union Guardian Bldg.
Moye, G. Gordon, 613 Ford Bldg.

Dominick & Dominick, 314 Ford Bldg.
Eis, Valette R., 244 Penobscot Bldg.
Ellwood, Aaron A., 639 Penobscot Bldg.
Esch, Ingo A., 120 Broadway, New York.
Fenner & Beane, 600 Union Guardian Bldg.
Ferriss, W. Paul, 904 Penobscot Bldg.
Ferriss, Wagner Sc, Miller, 1444 Buhl Bldg.
Goodbody & Co., 1 Penobscot Bldg.
Goodbody, John L., 115 Broadway, New York,
Hague, Samuel, 1446 Penobscot Bldg.
Hastings, Pierce A., 1666 Penobscot Bldg.
Hay, Ivan C. & Co., 1753 Union Guardian Bldg.
Hentz, H. &. Co., Union Guardian Bldg
Higbie, Jr., N. Bradley, 244 Buhl Bldg
Hinshaw, Joseph, 344 Buhl Bldg.
Hornblower & Weeks, 244 Penobscot Bldg

O’Donnell, R. C., 2166 Penobscot Bldg.
O’Donnell & Co., R. C., 2166 Penobscot Bldg.
O’Hara, John F., 244 Buhl Bldg.
Olson, Warren T., 2416 Union Guardian Bldg.
Paine, Webber & Co., 100 Penobscot Bldg.
Parcells, Charles A., 639 Penobscot Bldg.
Parcells, Charles A. & Co., 639 Penobscot Bldg.
Phelan, Jr., James J., 244 Penobscot Bldg.
Pierce & Co., E. A., 300 Buhl Bldg.
Porter, Stuart P„ 1134 Buhl Bldg.

Rathbun, C. E., 866 Penobscot Bldg.
Rathbun & Co., 866 Penobscot Bldg.
Reid, Andrew C., 2232 Union Guardian Bldg.
Reilly, R. W., 866 Penobscot Bldg.
Roney, Wm. C. & Co., 2232 Union Guardian Bldg.
Rotsted, Ralph, 1753 Union Guardian Bldg.
Rudel, Arthur, 1800 Penobscot Bldg.
Ryan, Jas. E., 2526 Union Guardian Bldg.
Ryan & Company, Jas. E., 2526 Union Guardian
Bldg.
Schlachman, Max, 1356 Penobscot Bldg.
Schlachman, Sol, 1356 Penobscot Bldg.
Seitz, Harry J., 12 Washington St., Monroe, Mich.
Seitz & Gearhart, 12 Washington St., Monroe,
Mich.
Shader-Winckler Co.. 204 Penobscot Bldg.
Small, Sidney R., 2356 Penobscot Bldg.
Small & Co., Sidney R., 2356 Penobscot Bldg.
Smith, Winthrop H., 105 W. Adams St., Chicago,
III.
Soucy, Ernest W., 161 Devonshire St., Boston,
Mass.
Soucy, Swartswelter & Co., 161 Devonshire St.,
Boston, Mass.
Stanton, Frederick W., 629 Penobscot Bldg.
Stern, Morton F., 42 Broadway, New York, N.Y.
Stewart, A. Clifton, 1812 W. Grand Blvd.
Stout, Gardner D., 115 Broadway, N. Y.
Sutro Bros. & Co., 137 Penobscot Bldg.
Vogel, A. H. & Co., 1880 Penobscot Bldg.
Wakeman, Wynn F., 1134 Buhl Bldg.
Walker, Wm. T„ 1304 Penobscot Bldg.
Watling, Lerchen & Hayes, 344 Buhl Bldg.
Wedthoff & Co., Guy G„ 2956 Penobscot Bldg.
Whitlock, Smith & Co., 1446 Penobscot Bldg.
Winckler, F. J., 204 Penobscot Bldg.
Withrow, Atkinson W., 208 S. LaSalle St., Chicago,
Ill.
Wood, Warren A., 244 Buhl Bldg.
Wright, John C., 2066 Penobscot Bldg.
Wright, Martin & Co., 2066 Penobscot Bldg.

MINNESOTA
MINNEAPOLIS-—ST. PAUL STOCK EXCHANGE
Officers: Lester Bigelow, President;

D. H. Brown, First Vice-President;

H. R. Selover, Second Vice-President;

R. M. Rice, Secretary and Treasurer.

COMMISSION RATES
Effective June 7, 1938

NON-MEMBERS
On stocks selling at 50c per share and above, the commission rate per share
shall be not less than the following:
Rate
Price per share
Per Share
_
■_>„
50c and above but under $ 1__________
$ 1 and above but under $ 2_________ IIIIIII
"
V
$ 2 and above but under $
6c
$ 3 and above but under
7c
$ 4 and above but under $ 5__________ I"
o,,
$ 5 and above but under $ 6____________
"
- --$ 6 and above but under $ 7___________ " “2"' ““
$ 7 and above but under $ 8__________
"II*
iip
$ 8 and above but under $ 9____ __
~ ~ "
i2c
$ 9 and above but under $10 (Base Rate)__1II13c
$10 and above— The 13c base rate plus lc for each $10 of the price per share
° htterkS selling below 50c per share, the commission rate will be announced

MEMBER TO MEMBER—Give-up Rates.
Stocks selling under 50c per share__________ ______________
j^c
Stocks selling from 50c to$l_____________________________
%c
Stocks selling from $1 to $10_________ ___________________
2c
Stocks selling from $10 to $100__________________________
3c
Stocks selling from $100 to $150_________________________
4c
Stocks selling from $150 and over...______________________
5c
Minimum 50c for stocks selling under $10.00 per share.
Minimum $1.00 for stocks selling at $10.00 and over per share unless gross
amount is under $100.00, minimum then 50c.
Rights—same as stocks.
Names not give-up on any stocks, minimum will be double the give-up rate.

The minimum commission on transactions in stocks for non-members shall,
(a) where the transaction involves less than $5.00, be as mutually agreed
(b) where the transaction involves $5.00 or more but less than $50.00, be
6% oi such amount or $1.00 whichever is greater; and
(c) where the transaction involves $50.00 or more, be not less than $3 00
Rights—same as stocks.
' '
MEMBERS
ALLISON WILLIAMS CO., 1245 Northwest
Bank Bldg., Minneapolis.
Bigelow-Webb & Co., 1st Nat’l-Soo Line Bldg
Minneapolis.
Greenman & Cook, Inc., 1408 E. 1st Natl. Bk Bldg

Manheimer-Caldwell, Inc., 113 First National
Bank Bldg., St. Paul.
Molyneaux, J. J., 15 S. 5th St., Minneapolis.
Paine, Webber & Co., Rand Tower, Minneapolis.

Harris-Upham & Co., 11 Wall St., New York,

PIPER, JAFFRAY & HOPWOOD, 115 S. 7th
St., Minneapolis.

KALMAN & COMPANY, 144 Endicott Bldg.,
St. Paul.
Lewis & Co.. 601 Second Ave. Minneapolis
Mahoney & Co., C.D., 504 Roanoke Bldg., Minne­
apolis.

Rice, Robert M., 630 Marquette Ave., Minne­
apolis. .
Selover, H. R., & Co., 500 Roanoke Bldg., Minne­
apolis.

Smith & Co., Wharton C., 106 E. 4th St., St. Paul.
Thrall West Co., 110 Northwest National Bank
Bldg., Minneapolis.
Wells-Dickey Company, Metropolitan Bank Bldg.,
Minneapolis.
Winthrop, Mitchell & Co., 141 W. Jackson,
Chicago, Ill.
WOOD, HAROLD E., & CO., W. 3063 1st Nat’I
Bk. Bldg., St. Paul.
WOODARD-ELWOOD &
Tower, Minneapolis.

CO.,

840 Rand

Further information on firms appearing in bold face type will be found in the selected list of Investment Dealers following bank list in each city.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

1692

STOCK EXCHANGE MEMBERS

MISSOURI
ST. LOUIS STOCK EXCHANGE
Officers: J. Gates Williams, President;

W. H. Burg, Vice-President;
W. M. Louderman, Secretary and Treasurer;
Chas. A.Huebner, Assistant Secretary.
COMMISSIONS
Effective February 11, 1938
All other transactions shall be subject to commissions as follows:
Section 1. Commissions shall be charged and paid under all circum­
Minimum Commission
stances and upon all transactions, both purchase and sales, or upon contracts
Rate Per Share
Selling Price Per Share
for the receipt or delivery of securities; excepting joint transactions between
2c per share
Under 50c------ ----------------members which may be made without commission. Such commissions shall,
4c per share
From 50c to 99c---------------5c
per share
From $1 to $1.99__________
in the case of stocks, be calculated upon the price at which they are sold, and,
6c per share
From $2 to $2-%__________
in the case of bonds, upon their par value and shall be at the rates herein­
7c
per share
From $3 to $3-%__________
after named; and such rates shall in each case be the minimum that may
8c per share
From $4 to $4-%__________
9c
per share
From $5 to $5-%--------------be charged by any member of the Exchange, and shall be absolutely net and
10c per share
From $6 to $6-%--------------free from all or any rebate, return, discount or allowance in any shape or
11c per share
From $7 to $7-%__________
manner whatsoever, or by any method or arrangement direct or indirect.
12c per share
From $8 to $8-%__________
13c per share
From $9 to $9-%--------------And no bonus, percentage or portions of the commissions so established
14c per share
From
$10
to
$14-%-----------shall be given, paid or allowed directly or indirectly to any clerk or person
17%c per share
From $15 to $24-%________
25c per share
for business sought or procured for any member of the Exchange.
From $25 to $49-%________
37%c per share
From $50 to $99-%-----------Section 2. On all business for parties not members of the Exchange,
50c per share
From $100 to $299-%--------75c per share
From $300 to $499-%______
including joint account transactions in which a non-member is interested,
$1.00 per share
From
$500
and
up________
the minimum commission charged shall be as follows:
On all bonds and other obligations of the United States of America the
When the amount involved in a transaction is $10 or less, the commission
minimum commission shall be 1/16 of 1% of the par value, but shall in no
case
be less than 25 cents.
shall be as mutually agreed.
On all other bonds $2.50 per $1,000 par value except on those maturing
When the amount involved in a transaction is more than $10 but less than
within six months of the date of sale the commission shall be $1.25 per
$50.00 the commission shall be not less than six per cent of the amount in­
$1,000 par value.
volved or $1.00, whichever is greater; provided, however, that where such
Governing Committee Ruling—March 8, 1938:
Minimum Commission on Bonds—When the aggregate face or par
transactions are for the account of non-member brokers or dealers, an allow­
value of bonds involved in a transaction is $500 or more but less than
ance of 50 cents of such commission may be made.
$1,000, the minimum commission shall be $2.50.
When the amount involved in a transaction is $50.00 or more and less
than $300.00, the minimum commission shall be $3.00, except that where
such transactions are for account of non-member brokers or dealers, an
allowance of $1.00 may be made on such commissions.
When the amount involved in a transaction is $300.00 or more, the
minimum commission shall be $5.00 except in the case of transactions for
the account of non-member brokers or dealers, an allowance of $2.00 on such
commissions may be made.

When the aggregate face or par value of bonds involved in a transaction
is less than $500, the minimum commission shall be $2.00.
On all securities not provided for in this section the Governing Committee
shall fix the rates of commission; provided, that on all stocks admitted to
dealings on this Exchange and also either on the New York Stock Exchange
or the New York Curb Exchange the minimum commission charge per share
for one hundred share unit or multiple thereof, on this Exchange, shall be
the rate per share prescribed to be charged on transactions for one hundred
share unit on those Exchanges, respectively, and on all stocks admitted to
dealings on this Exchange and also on the Chicago Stock Exchange the
minimum commission charge per share for fifty share unit or multiple
thereof, on this Exchange, shall be the rate per share prescribed to be charged
on transactions for fifty share unit on that exchange; provided, that the Gov­
erning Committee shall, at any time, have the power, by the vote of five of
its members, to alter and fix any rates of commission.

Governing Committee Ruling—March 8, 1938:
Division of Commissions between members shall be based upon the
actual commission received by the originating member.
MEMBERS
Francis, T. T., Francis Bro. & Co., 222 N. 4th St.
Aid, John A., 400 Olive Street.
Friedman, Brokaw & Samish, 711 St. Charles St.
Barklage, Louis, 317 N .4th Street.
Friedman, W. Stix, 711 St. Charles Street.
Bauer, A. H„ 312 N. 4th Street.
Fusz, Firmin D., Boatmens Bank Bldg.
Bauer Bros. Brokerage Co., 312 North 4th Street.
Fusz, Schmelzle & Co., Boatmen’s Bank Bldg.
Bennett, Jas. E., 705 Olive Street.
Gatch Bros., Jordan & McKinney, 418 Olive St.
Bennett, Jas. E. & Co., 705 Olive Street.
Gatch, Nelson B., 418 Olive Street
Berger-Cohn & Co., Landreth Bldg.
Gessler, G. E„ Merchants-Laclede Bldg.
Bixby, W. H. Broadway and Locust.
Gessler, E. A. & Son, Merchants-Laclede Bldg.
Bramman, Carl T., 314 N. Broadway.
Giger, Harold H., 211 N. 4th Street.
Bramman-Schmidt-Busch, 314 N. Broadway.
Giger & Co., 211 N. 4th St.
Brocksmith, H. L., 400 Pine Street
Haeussler, W. C., Paul Brown Bldg.
Haverstick, E. E„ & Co., 346 N. Boyle Avenue.
Brown, Paul & Company, Paul Brown Bldg.
E. E. Haverstick, Jr., 346 N. Boyle Ave.
Burg, Wm. H., La Salle Bldg.
Hayward, John., 403 Olive Street.
Cohn, Henry I., Landreth Bldg.
Hill Brothers, Security Bldg.
Cook, Henry M , 400 Olive Street.
Jacobs,
B. F., Rialto Bldg.
Costigan, E. J., 300 N. 4th Street.
Jones,
Edward D., Boatmen’s Bank Bldg.
Crago, Hitchcock & Co., Security Bldg.
Jones. Edw. D. & Co., Boatmen’s Bank Bldg.
Crago, John H. .Security Bldg.
Jones, Whipple Van Ness, Security Bldg.
Duhme, Herman, Franklin-American Trust Bldg.
Knight & Co., H. H., 403 Olive St.
D’Oench, Duhme & Co., Franklin-Am.Tr.Bldg.
Little & Hays Inv. Co., LaSalle Bldg.
Donnell, F. C., La Salle Bldg.
Louderman, Wm. M„ Bank of Commerce Bldg.
Meyer, J. P., Chemical Building.
EDWARDS, A. G. & SONS, 409 North 8th St.
NEWHARD, COOK & CO., 400 Olive St.
Edwards, A. N., 409 N. 8th Street.
Otto, Edw. F., No. 6 Sunset Court, Normandy,
Edwards, P. W. 409 N. 8th Street.
Missouri.
Francis Bro. & Co., 222 N. 4th St.
Papin, Pierre L., Merchants-Laclede Bldg.
Francis, D. R„ Jr., 222 N. 4th Street.

P. L. Papin & Co., Merchants-Laclede Bldg.
Platt, Edw. G„ 306 N. 8th Street.
Preiss, Jos. H., Security Bldg.
Preiss, Wibbing & Co., Security Bldg.
Reinholdt, J. W., Jr., Security Bldg.
REINHOLDT & GARDNER, Security Building
H. L. Ruppert & Co., 400 Pine Street.
Scudder, Chas., 300 N. 4th Street.
Seddon, Bruce, Landreth Bldg.
Seddon, Morflt & Harvey, Landreth Bldg.
Semple, Jacobs & Co., Rialto Building.
Simon, F. M. 315 N. 4th Street.
SIMON, I. M. & COMPANY, 31* North 4th St.
Smith, Moore & Co., LaSalle Bldg.
Stickney, W. A., 409 N. 8th Street.
Stifel, A. G„ Boatmen’s Bank Bldg.
STIFEL, NICOLAUS & CO., Boatmen's Book
Bldg.
8tlx & Company, LaSalle Bldg.
Taussig, Day & Co., Boatmen’s Bank Bldg.
Taussig, G. J., Boatmen’s Bank Bldg.
Waldemer, Edwin R., LaSalle Bldg.
WALDHEIM, PLATT & CO., 306 N. 8th St.
WALKER, G. H. & CO., Broadway & Locust
Streets.
Whitaker & Company, 300 North 4th 8troet.

NEW YORK
NEW YORK STOCK EXCHANGE

Arthur H. Franklin, Assistant Treasurer,
Dean K. Worcester, Vice-President;
John Dassau, Treasurer;
Bradford B. Smith, Economist
Walter Otis Loomis, Assistant Secretary;
COMMISSION RATES (Effective January 3, 1938)
$4 per share andabove but under $5-----------Not less than 8.0c per share
Rates to Non-members, etc.
$5 per share andabove but under $6-----------Not less than 9.0c per share
$6 per share andabove but under $7-----------Not less than 10.0c per share
On business for non-members, partners not members of the Exchange,
$7 per share andabove but under $8-----------Not less than 11.0c per share
including joint account transactions in which any such person is interested,
$8 per share andabove but under $9-----------Not less than 12.0c per share
the commission shall be not less than the rates given below:
$9 per share andabove but under $10--------- Not less than 13.0c per share
(Base Rate) ______________________ Not less than the 13.0c base
ON STOCKS, RIGHTS AND WARRANTS
$10 per share and above_________________rate Plus 1.0c for each $10 of
(hereinafter referred to as “stocks”)
the price per share
Except as to Ten-share Unit Stocks and Called Stocks:
Notwithstanding the fore­
going, when the amount in­
1/256 of$l per share____ _______________Not less than 0.1c per share
volved
in a transaction is less
1/128 of $1 per share___________________ Not less than 0.15c per share
than $1, the commission shall
1 /64 of $1 per share and above but under
,
be
as
mutually
agreed; when
2/32 of $1
_
__________ Not less than 0.5c per share
the amount involved is $1 or
2/32 of $1 per"share_____________________Not less than 0.5c per share
more but less than $50, the
Over 2/32 of $1 per share but under 8/32
^
,
minimum commission shall
of $i
___________________________ Not less than 1.0c per share
be not less than 6% of such
8/32 of $1 per share and above but under
,
amount or $1, whichever is
y„ of $l______ __________ ____ _______ Not less than 1.5c per share
greater; and when the amount
% of $1 per "share and above but under $1..-Not less than 3.0c per share
involved is $50 or more, the
$1 per share and above but under $2----------- Not less than 5.0c per share
minimum commission shall
$2 per share and above but under §3----------- Not less than 6.0c per share
be not less than $3.
$3 per share and above but under $4----------- Not less than 7.0c per share

Officers: William Me C. Martin, Jr., President-,
Robert L. Fisher, Secretary;

Portlier Information on firms appearing in bold face type will be found in the selected list of Investment Dealers following bank list In eaeh city.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

STOCK EXCHANGE MEMBERS

1693

NEW YORK STOCK EXCHANGE—Continued
ON TEN-SHARE-UNIT STOCKS, RIGHTS AND WARRANTS
(hereinafter referred to as “stocks”)
_
designated by the Committee of Floor Procedure—except as to
Called Stocks:
Under SI per share--------------------------------- Same as 100-share-unit stocks
$1 per share and above but under $2_______Not less than 6.0c per share
$2 per share and above but under S3.............Not less than 7.0c per share
$3 per share and above but under $4_______Not less than 8.0c per share
S4 per share and above but under S5__........ .Not less than 9.0c per share
$5 per share and above but under S6_______Not less than 10.0c per share
$6 per share and above but under $7....... ...Not less than 11.0c per share
$7 per share and above but under $8_______Not less than 12.0c per share
$8 per share and above but under $9_______Not less than 13.0c per share
$9 per share and above but under $10
(Base Rate)---------------------------------------Not less than 14.0c per share
$10 per share and above.................................. Not less than the 14.0c base
rate plus 1.0c for each $10 of
the price per share
Notwithstanding the fore­
going, when the amount in­
volved in a transaction is less
than $1, the commission shall
be as mutually agreed; when
the amount involved is $1 or
more but less than $50, the
minimum commission shall
be not less than 6% of such
amount or $1, whichever is
greater; and when the amount
involved is $50 or more, the
minimum commission shall
be not less than $3.
ON CALLED STOCKS
Sec. 2, Par. (e): Notwithstanding the rates prescribed elsewhere in this
Section 2, the commission rates to members and non-members upon stocks
w1ucJL’ Pursuant to call or otherwise, are to be redeemed within twelve
months shall be such rates as may be mutually agreed upon provided, howeJer- that such rates shall apply to transactions in any specific stock only
after the Committee on Member Firms has made announcement to that
effect, and provided, further, that said Committee may determine special
rates on any or all such securities, reporting the same to the Board of
Governors. (The Committee on Member Firms has not determined any
special rates on such stocks.)

ON BONDS: per $1,000 of principal
(except as stated below)
Under $10—.................. —......................... ..Not less than 75c
$10 and above but under $100..................... Not less than $1.25
$100 and above-------------------------------------Not less than $2.50
Sec. 3, Par. (d): Notwithstanding the foregoing, the commission rates to
members or non-members upon obligations of the United States, Puerto
Rico, Philippine Islands and States, Territories and Municipalities therein;
upon bonds or notes having five years or less to run; and upon bonds or
notes which, pursuant to call or otherwise, are to be redeemed within twelve
months, shall be such rates as may be mutually agreed upon; provided,
however, that the Committee Member Firms may determine special rates
on any or all such securities, reporting the same to the Board of Governors.
Under this authority the Committee has ruled that commissions shall be not
less than the rates given below;
ON BONDS OR NOTES HAVING FIVE YEARS OR
LESS TO RUN, AND BONDS AND NOTES
WHICH, PURSUANT TO CALL OR OTHERWISE,
ARE TO BE REDEEMED WITHIN TWELVE
MONTHS (Per $1,000 of principal):
Under $10------------------------------------------------------- Not less than 75c
$10 and above but under $100...................................... Not less than $1.25
$100 and above but under 96% or over 110% of the
redemption price------------------ -------------------------- Not less than $2.50
Not less than 96% or more than 110% of the redemp­
tion price:
Six months or more................. ......................................Not less than $1.25
Less than six months------------------------------- May be mutually agreed upon
ON OBLIGATIONS OF THE UNITED STATES, Puerto Rico, Philip­
pine Islands and States, Territories and Municipalities therein
----------------------------- -------- ---------------May be mutually agreed upon.

MEMBERS
Abbott, Proctor & Paine, 120 Broadway
Abraham & Co., 120 Broadway
Acosta, J. A. & Co., 60 Beaver St.
Adams, Merrill & Co., 36 Pearl St., Hartford, Conn.
Adler, Coleman & Co., 15 Broad St.
Adrian, Jos. M„ 42 Broadway
Ahern, John J., 61 Broadway.
Alker, Carroll B., 61 Broadway.
Allan, Adrian R„ Jr., 40 Wall St.
Amy, Joseph H„ 14 Wall St.
Andersen, Oswald, 115 Broadway.
Anderson & Co., 120 Broadway
Anderson, Elliott M., 30 Broad St.
Anderson, Henry A., 47 Broad St.
Andrews, Pesner A Rothschild, 25 Broadway
Anness, Edw. C„ 1 Wall St.
Appenzellar, Allen & Hill, 120 Broadway
Apy, Chester, 47 Broad St.
Aronson, Bernard & Co., 30 Broad St.
Arrowsmith & Co., 48 Wall St.
Ash & Co., Mervin, 1 Wall St.
Asher, Harry W., Jr., 60 Beaver St.
ASIEL A CO., 11 Wall St.
Astor & Ross, 39 Broadway.
Atkins, Hamill & Gates, 204 Electric Bldg.,
Indianapolis, Ind.
Atterbury, Robert R., 44 Wall St.
Auchincloss & Mills, 80 Broad St.
Auchincloss, Parker & Redpath, 719 15th St.,
Washington, D. C.
Auerbach, Poliak & Richardson, 30 Pine St.
Baar, Cohen & Company, 39 Broadway
BABCOCK, RUSHTON & CO., 59 Broadway
Bach, Frederick F„ 29 Broadway.
BACHE A CO., J. S., 42 Broadway
Bacon, Stevenson & Co., 39 Broadway
Bade, William H„ 40 Wall St.
Baker, Alfred L. & Co., Ill So. La Salle St,
Chicago, Ill.
Baker, J. E. & Co., 14 Wall St.
Baker, Watts & Co., Calvert & Redwood Sts,
Baltimore, Md.
Baker, Weeks & Harden, 52 Wall St
Ballard & Co., 43 Pearl St., Hartford, Conn
Bamberger, L. Richard, 1 Wall St.
Bamberger, Max, 15 Broad St.
Barbee, Harry, 40 Wall St.
Barclay, Moore & Co., Fidelity-Phila. Trust Bldg
Philadelphia, Pa.
Barnwell, Arthur & Co., 100 Broadway
Baroni, William J., 50 Broadway.
Barrett & Company, 40 Exchange Place
Barth, J. & Co., 482 California St., San Francisco,
Calif.
Bartholomae, H. J., 47 Broad St.
Bartlett, Benj. D. & Co., 313 Vine St., Cincinnati,
Ohio.
Baruch, Sailing W., 60 Beaver St.

Bean, Chas. H. & Co., 1528 Walnut St., Phila­
delphia, Pa.
Bear, Stearns & Company, 1 Wall St.
Beardsley, Sterling S., 67 Broad St.
Beauchamp, Thomas J., 40 Wall St.
Becker, Sherburn M. Jr., 1 Wall St.
Beer & Company, 42 Broadway.
Belden & Co., 61 Broadway.
Bell & Beckwith, 40 Wall St.
Bendix, Luitweiler & Co., 52 Wall St.
Benedict, E. O. & Co., 61 Broadway
Benjamin & Ferguson, 61 Broadway
Benjamin, Hill & Company, 39 Broadway
Bennet, Leslie L. & Company, 60 Broadway.
Bennett, James E. & Co., 50 Broadway
Bennett & Palmer, 165 Broadway
Bennett, Smith & Co., 640 Griswold St., Detroit,
Mich.
Berliner & Co., 40 Wall St.
Bernard, Winkler & Co., 25 Broad St.
Bernhelmer, Edwin E., 1 Wall St.
Biddison & Co., N. D., 39 Broadway.
Biddle, Whelen & Co., 1606 Walnut St., Phila­
delphia, Pa.
Biggs, Mohrman & Co., 61 Broadway.
Billings, Olcott & Company, 52 Broadway
Bilofsky, Maxwell M., 40 Wall St.
Bloren & Co., 1508 Walnut St., Philadelphia, Pa.
Bird, W. Gillette, 26 Broadway.
Bishop. Allen Reynolds, 1 Wall St.
Bissinger & Co., 225 Montgomery St., San Fran­
cisco, Calif.
Blauner, Simons & Co., 165 Broadway
Blinn. Prosper J., 42 Broadway.
Bliss, Frank E., 120 Broadway.
Bliss, Julius, 24 Broad St.
Bloch. Elmer M.. 39Broadway.
Block, Maloney & Co., 39 Broadway.
Block, Myron H., 39 Broadway.
Blumenthal, A. Pam., 1 Wall St.
Blumenthal, Edwin D., 54 Wall St.
Blumenthal, Simon B., 50 Broadway.
Blun, George E., 165 Broadway.
Blyth, Bonner & Kimbley, 52 Wall St.
Bogert & Co., Beverley, 120 Broadway.
Bonbright, George D. B. & Co., 100 Powers Bldg.,
Rochester, N. Y.
Bonner & Gregory, 14 Wall St.
Boody, McLellan & Co., ill Broadway
Boston, Paul R., 47 Broad St.
Bouvier, Bishop & Co., 52 Broadway.
Bradford, J. C. & Co., Nashville Trust Bldg.,
Nashville, Tenn.
Bradshaw, Sydney P., 61 Wall St.
Bramley A 8mith, 52 Broadway
Branch, Cabell & Co., 814 E. Main St., Richmond,
Va.
Brand, Grumet & Co., 120 Broadway
Brand, Michael J., Jr., 47 Broad St.
Brandenburg & Co., Ill Broadway
Braumuller, Charles, 47 Broad St.
Bregman, Abner, 1 Wall St.
Breining & Co., 17 Battery Place
Bright, Elmer H. & Co., 84 State St., Boston,
Mass.

Bright, Sears & Co., 53 State St., Boston, Mass
Brinton & Co., 61 Broadway
Britt, Richard J., 25 Broadway.
Brody, L. J. Stephen, 109 Killdeer Rd., Hamden,
Conn.
Brooks & Co., J. H., 120 Broadway.
Brooks, James W., 120 Broadway
Brown, Alex. & Sons. 135 East Baltimore St.,
Baltimore, Md.
BROWN BROTHERS, HARRIMAN A CO..
59 Wall St.
’
Brown, Geo. Estabrook, 49 Broad St.
Brown, James M. Jr„ 47 Broad St.
Brown, Paul & Co., Paul Brown Bldg., St. Louis,
Mo.
Brown, Vernon H., 61 Broadway.
Brown & Co., Vernon C., 71 Broadway.
Brown & Gruner, 39 Broadway
Brumley & Anderson, 120 Broadway
Bruns, Edwin G„ 11 Wall St.
Bruns. Edwin G. Jr., 11 Wall St.
Buchanan & Tomes, 120 Broadway.
Buckley, John F„ 47 Broad St.
BULL & ELDREDGE, 30 Pine St.
BURNET (W. E.) & CO., 11 Wall St,
Burnham & Company, 61 Broadway.
Burnside, I. H. & Co., 80 Broad St.
Burr, Gannett & Co., 53 State St., Boston, Mass
Burton, Cluett & Dana, 120 Broadway
Bushnell, Henry Thompson, 1 Wall St.
Butcher & Sherrerd, Real Estate Tr. Bldg.
Philadelphia, Pa.
Butler, Herrick & Marshall, 30 Broad St.
Butler, Wick & Co., Union National Bldg.,
Youngstown, Ohio.
Buttenwieser, Clarence, 25 Broad St.
Byck & Broads, 39 Broadway
Byram, Hobart R., 42 Broadway.
Byrne, James F., 30 Broad St.
Bywater & Leary, 120 Broadway.
Cahill & Bloch, 39 Broadway.
Cahill, Robert L., 39 Broadway.
Cahn, Frank B. & Co., Equitable Bldg., Baltimore
Md.
Callaway, Fish & Co., 15 Broad St.
Campbell & Co., H. G., 52 Broadway
Campbell, Oliver S„ 26 Broadway.
Cana van, Eugene F., 42 Broadway.
Carey, Denis J., 42 Broadway.
Carey, (H. T.) Joost & Patrick, 50 Broadway
Carhart, H. Whitfield, Jr., 50 Broadway
Carlebach, Herbert L„ 60 Broad St.
Carlebach, Walter M„ 60 Broad St.
Carleton, Alexander, 14 Wall St.
Carlisle, Mellick & Co., 50 Broadway
Carmichael & Carson, 52 Wall St.
Carreau & Co., 63 Wall St.
Carrere, John. 14 Wall St.
Carstairs & Co., 1421 Chestnut St., Philadelphia,
Pa.
Carstens, Geo., 42 Broadway

rwtber information on firms appearing in bold lace type will be found in the selected list of Investment Dealers following bank list in each etty.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

STOCK EXCHANGE MEMBERS

1694

NEW YORK STOCK EXCHANGE—Continued
Carter & Co., 14 Wall St.
Caspary, A. H. & Co., 20 Broad St.
Cassatt & Co., 40 Wall St.
Cassel, H. & Co., 61 Broadway
- Cavenee, Clark M., 208 S. La Salle St., Chicago,
Cavalier, Wm. & Co., 121 Sutter St., San Fran­
cisco, Calif.
Ceballos & Geer, 42 Broadway.
Chambers, Henning & Co., 431 W. Jefferson St.,
Louisville, Ky.
Chapin, S. B. & Co., Ill Broadway
Chaplin & Co., 52 Broadway
Chauncey & Co., 61 Broadway
Chisholm & Chapman, 52 Broadway
Clapp. Howard F.. 50 Broadway.
Clark, Charles & Co., 120 Broadway.
Clark, Dodge & Co., 61 Wall St.
Clark, E. W. & Co., Locust & 16th Sts., Phila­
delphia, Pa.
„
_ ,,
Clement, Curtis & Co., 231 So. La Salle St.,
Chicago, Ill.
„
Clews & Co., Henry, 7-9-11 Broadway.
Cloud, John K., 120 Broadway.
Clucas & Company, E. W., 70 Pine St.
Cluett, George A. Jr., 115 Broadway.
Coddington, Dave H„ 50 Broadway.
Coggeshall & Hicks, 111 Broadway
Cohen, Edward L., 52 Wall St.
Cohen, Edward L. & Co., 52 Wall St.
Cohen, Simonson & Co., 30 Broad St.
Cohen, Wachsman & Wassail, 60 Beaver St.
Cohu Brothers & Georgeson, 24 Broad St.
Coleman, Eliot W„ 42 Broadway.
Coleman, Townsend P„ 42 Broadway.
Colgate, Jas. B. & Co., 44 Wall St.
Collin, Norton & Co., Gardner Bldg., Toledo,
Ohio.
__
Collins, David M., Bowood, West Orange, N. J.
Collins, John T„ 50 Broadway.
Colvin, Harold R., 14 Wall St.
Combs, Wm. IT & Co., 61 Broadway.
Cone, Henry H. Jr., 50 Broadway.
Connelly & Co., F. J., 15 Broad St.
Conried & Co., 1 Wall St.
Content & Co., H„ 111 Broadway.
Conway (Norton) & Co., 52 Wall St.
Cook. Charles IT, 40 Wall St.
Cooke & Co., 14 Wall St.
Cooke, James F„ 42 Broadway.
, „
Cooley & Co., 100 Pearl St., Hartford, Conn.
Cooney, Russell S., 120 Broadway
Corlies & Booker, 50 Broadway.
Corroon, George A., 15 Broadway
Coster, Gerard H., 1 Wall St.
Coulon, Fuller & Co., 67 Broad St.
Courts & Co., 11 Marietta St., Atlanta, Ga.
Coward, Raymond A., 40 Wall St.
Cowen & Co., 54 Pine St.
Cox, E. Van Dyke, Jr., 42 Broadway.
Craib, Balfour S„ 400 Olive St., St. Louis, Mo.
Craigmyle & Co., 1 Wall St.
C ran dell, Walter S„ 25 Broad St.
Crane, McMahon & Co., 209 So. La Salle St.,
Chicago, Ill.
Creem, John J. Jr., 61 Broadway.
Cullman Brothers, 161 Front St.
Cunningham, Cyril E., 42 Broadway.
Curran, William G., 50 Broadway.
Curtiss, House & Company, Union Commerce
Bldg., Cleveland, Ohio.
Dabney, F. L. & Co., 10 Post Office Square,
Boston, Mass.
Dahl, Warren L„ 40 Wall St.
Dale, Chester, 115 Broadway.
Daning, M. J., 60 Wall st.
Dann (J. C.) Wickwire & Co., 287 Main St.,
Buffalo
„
,
Danzig, Jerome J., 200 Fifth Ave.
Davenport & Co., 1113 E. Main St., Richmond,
Va
Davies & Co., 225 Bush St., San Francisco, Calif.
Davis & Co., Fellowes, 52 Broadway.
Davis & Co., J. W„ 111 Broadway.
Davis & Co., Morgan, 15 Broad St.
Davis & Davis, 10 Weybosset St., Providence,
R. I.
Davis & McIntosh, 64 Wall St.
Davis, Frank H., 47 Broad St.
Davis, Paul H. & Co., 10 So. La Salle St., Chicago,
Day & Co., R. L., 14 Wall St.
De Coppet & Doremus, 42 Broadway
DeCoppet, Robert F., 47 Broad St.
de Cordova & Bro., Cyril, 25 Broad St.
de Cordova, Eustace, 25 Broad St.
Deery & White, 25 Broad St.
De Haven & Townsend, 30 Broad St.
Delafield & Delafield, 14 Wall St.
De Muth, Robert L., 50 Broadway.
Denny, Saportas & Co., 1 Wall St.
Denzer, Bernard E„ 111 Broadway.
De Veau, George P„ 47 Broad St.
De Voe, Dyke & Sperry, 25 Broad St.
DICK & MERLE-SMITH, 30 Pine St.
Diefendorf, Sanders & Ward, 14 Wall St.
Dietrich & Company, F„ 1 Wall Street.
Diffenderffer & Co., 123 South Broad St., Phila­
delphia, Pa.
_
Dixon & Co., 1411 Chestnut St., Philadelphia, Pa.
Dixon, George A., 42 Broadway.
Dobbs & Company, 50 Broadway.
Dominick & Dominick, 115 Broadway
Donoho & Co., J. F„ 111 Broadway.

MEMBERS
Donohue, Joseph T„ 30 Broad St.
Douglas & Company, F. H., 61 Broadway.
Douglas, Barclay K., HWail St.
Douglas, Walter C., 11 Wall St
Doyle & Company, Frank, 120 Broadway
Draper,Williams & Co., 53 State St., Boston, Mass.
Dreyfus, Benton & Nicholas, 40 Wall St.
Dreyfus, Walter, 40 Wall St.
Driscoll, William V., 50 Broadway.
Drummond, Howard, 50 Broadway.
DRYSDALE & CO., 71 Broadway
Duff & Co., J. Robinson, 1 Wall St.
Duffy & Co., Edward J., Ill Broadway.
Duncan, John C. Jr., 60 Broadway.
Dunne & Co., John V., 19 Rector St.
Dunscombe & Co., 60 Broad St.
du Pont, Francis I. & Co., 1 Wall St.
Durand, C. A. & Son, 15 Broad St.
Durand, James F., 50 Broadway.
Dyer, Hudson & Co., 61 Broadway
Eastman, Dillon & Co., 15 Broad St.
Eckstein, Alfred, 111 Broadway.
Edge & Co., C. N., 20 Exchange Place.
Edgerton, John J., 61 Broadway.
Edmonds, William E., Ill Broadway
Edmonds & Co., 120 Broadway.
Edwards, A. G. & Sons, 409 N. 8th St., St. Louis,
Edwards, Ogden M. Jr., 316 Fourth Ave., Pitts­
burgh, Pa.
Einstein & Co., H. G., 30 Broad St.
Eisele, King & Studdiford, 9 Clinton St., Newark,
N. J.
Eisemann, Alexander & Co., 42 Broadway
Eising, George J., 165 Broadway.
Eising, Robert E., 165 Broadway
Elder & Co., James Bldg., Chattanooga, Tenn.
Elias Albert J. & Co., 20 Broad St.
Eliott & Co., Gilbert, 11 Broadway.
Elkins, Morris & Co., Land Title Bldg., Phila­
delphia, Pa.
Ellis, D. H. & Co., 120 Broadway
Elsaesser, George G., 47 Broad St.
Ely & Son, 120 Broadway.
Emanuel & Co., 50 Pine St.
Emory, Freed & Co., 109 So. Third St., Phila­
delphia, Pa.
Engel & Co., 120 Broadway
Erdman & Co., 120 Broadway
Eric & Drevers, 40 Wall St.
Ernst & Company, 120 Broadway
Estabrook & Co., 40 Wall St.
Ettinger, Adrian, 25 Broadway.
Evans, Stillman & Co., 14 Wall St.
Fackert, William E., 120 Broadway.
Fagan, Albert E., 40 Wall St.
Fagan & Goetz, 40 Wall St.
Fahnestock & Co., 1 Wall St.
Fair, Charles M., 100 Broadway.
Faroll Brothers, 50 Broadway
Farr & Co., 90 Wall St.
Farrington & Coleman, 120 Broadway
Farwell, Chapman & Co., 208 So. La Salle St.,
Chicago, Ill.
Federman & Filston, 25 Broadway.
FENNER & BEANE, 67 Broad St.
FUor, Bullard & Smyth, 39 Broadway
Finch, Wilson & Co., 120 Broadway
Fincke, Reginald, 61 Wall St.
Findley, William V. B., 42 Broadway.
Fine & Co., W. A., 1 Wall St.
Finucane, Wm., G. 120 Broadway
Fisher, William, 39 Broadway.
Fitzsimmons, Joseph M., 115 Broadway.
Flinn, George H„ Jr., 9 E. 41st St.
Fly & McFall, 73 Madison Ave., Memphis, Tenn.
Ford, Donald, 115 Broadway.
Forgie, David F., 47 Broad St.
Foster & Adams, 120 Broadway
Foster F. V. & Co., 24 Broad St.
Foster, John W., 25 Broad St.
Foster, Marvin & Co., 2 Wall St.
Fowler, Thomas P., 15 Broad St.
Fox, O’Hara & Co., 60 Broad St
1
Francis, Bro. & Co., 4th and Olive Sts., St. Louis,
Frank,A.R.&Co.,120 So. La Salle St., Chicago. Ill.
Frank & Co., Charles A., 30 Broad St.
Frank, Robert L., 25 Beaver St.
Frankhauser, Charles A., 50 Broadway.
Fransioli & Wilson, 120 Broadway
Freeman, Joseph, 703 E. Olmos Drive, San
Antonio, Tex.
Fried & Company, Albert, 120 Broadway
Fried, Cohn & Co., 120 Broadway.
Friede, Leo, 39 Broadway.
Friedman, Brokaw & Samish, 711 St. Charles St.
St. Louis, Mo.
Friend, Walter W., 1 Madison Ave.
Fuerst, Otto & Co., 120 Broadway.
Fuerst, William, 39 Broadway.
Fuller, Rodney & Co., 14 Wall St.
Gaines & Company, 1 Wall St.
Gammack & Co., 64 Wall St.
Garvin, Bantel & Co., 120 Broadway.
Geddes, Gerald M„ 42 Broadway.
Gengler Bros., 1 Wall St.
Gengler, Joseph D., 1 Wall St.
Gerham, Harry, 42 Broadway.
Gibb, Robert P., 50 Broadway.
Gilbert & Co., Clinton, 120 Broadway
Gildea, Charles A., 39 Broadway.
Gilmor, Robert, 1 Wall St.

Gitterman, Joseph L., Jr., 120 Broadway
Glendinning, Robert & Co., Packard Bldg., S. E.
corner 15th and Chestnut Sts., Philadelphia, Pa.
Glenny, Roth & Doolittle, 1415 Liberty Bk.
Big., Buffalo, N. Y.
Glore, Forgan & Co., 38 Wall St.
Goadby & Co., W. H., 2 Wall St.
Goerz, E. V., 39 Broadway.
Goldman, Henry Jr., 39 Broadway
Goldman, Robt. J., 30 Broad St.
Goldman, Sachs & Co., 30 Pine St.
Goldsmith, H. W. & Co., 50 Broadway
Goldsmith, Joseph M., 63 Wall St.
Goodbody & Co., 115 Broadway
Goodwin, William H., 42 Broadway.
Gordon, Gerald M., 120 Broadway.
Gordon & Walther, 115 Broadway.
Gosling, Woodley B., 42 Broadway.
Gossler, Philip, Jr., 40 Wall St.
Gould, Clarence F., 2 Wall St.
Gould, Frank Jay, 165 Broadway.
Gould, Howard, 160 Broadway
Gradison, W. D. & Co., 408 Dixie Terminal Bldg.,
Cincinnati, Ohio.
Graham, Harry S., 50 Broadway
Granberry & Co., 50 Broadway
Granbery, Marache & Lord, 120 Broadway.
Graves, Banning & Co., 14 Wall St.
Graves, Gordon & Co., 1 Wall St.
Gray & Wilmerding, 44 Wall St.
Green, Ellis & Anderson, 100 Broadway
Greene & Brock, 40 Wall St.
Greenway, Gilbert C. Jr., 370 Park Ave.
Gregory, George V., 42 Broadway.
Griffen & Foley, 20 Broad St.
Gruntal & Co., 30 Broad St.
Grymes, J. Randolph, Jr., 42 Broadway.
Gude, Wimmill & Co., 1 Wall St.
Gunn, Norman, 30 Pine St.
Gutenstein & Lasdon, 25 Broad St.
Guy, John J., 25 Broad St.
Gwynne Brothers, 48 Wall St.
Hackney, Hopkinson & Sutphen, 25 Broad St.
Haff, Carroll B., 120 Broadway.
Hagan, John Vincent, 42 Broadway.
Halladay & Co., 14 Wall St.
HALLE

& STIEGLITZ, 25

Broad

St.

HALLGARTEN & CO., 44 Pine St.
Halsted & Harrison, 1 Wall St.
Hamershlag, Borg & Co., 39 Broadway
Hano & Co., 120 Broadway
Hardenbrook, Donald J., 2 Wall St.
Hardy & Company. 11 Broadway
Hardy, Waller C., & Co., Kanawha Valley Bldg.,
Charleston, W. Va.
Harrington & Co., 42 Broadway.
Harris & Co., 40 Wall St.
Harris, Burrows & Hicks, 135 So. La Salle St.,
Chicago, Ill.
HARRIS, UPHAM & CO., 11 Wall St.
Harrison & Co., 25 Broad St.
Hartshorne, Fales & Co., 71 Broadway
Hatch, E. Sanford, 61 Broadway.
Haughey, Robert A., Jr., 120 Broadway.
Haupt & Company, Ira, 39 Broadway
Hawkins, Roswell G., 15 Broad St.
HAYDEN, STONE & CO., 25 Broad St.
Hazelhurst, Andrew, 111 Broadway.
Hazlett & Burt, 215 Wheeling Steel Corp. Bldg.
Wheeling, W. Va.
Healy, James A., 40 Exchange Place.
Heath, Royal V., 40 Wall St.
Ilecker & Co., Liberty Trust Bldg., Broad & Arch
Sts., Philadelphia, Pa.
Hedberg, O. Viking, 52 Broadway.
Hedberg, Rangner B., 52 Broadway.
Hedge, Herbert T., 19 Rector St.
Ileidelbach, Ickelheimer & Co., 49 Wall St.
Hemmerle, Joseph, 111 Broadway.
Hemphill, Noyes & Co., 15 Broad St.
Henderson & Company, 40 Wall St.
Henderson, Charles F. & Sons, 71 Broadway
Hendrickson & Co., 30 Pine St.
Hentz, H. & Co., 60 Beaver St.
Hepburn, George, 61 Wall St.,
Herbek, Anton W., 47 Broad St.
Herman & Co., 14 Wall St.
Hernon, Pearsall & Co., 120 Broadway
Herzfeld & Stern, 30 Broad St.
Hess, Walter W., 30 Pine St.
Hetherington, James A., II, 42 Broadway.
Hettleman, Field & Co., 52 Wall St.
Hewitt, Lauderdale & Co., 61 Broadway
Hewitt & Satterfield, 42 Broadway.
Hibbs, W. B„ & Co., Hibbs Bldg., Washington
D. C.
Higham, Neville G., 30 Broad St.
Hilbert, Condon & Bassett, 11 Wall St.
Hill & Co., 2020 Carew Tower, Cincinnati, Ohio
Hill, Charles W. & Co., 1 Wall St.
Hilliard, J. J. B„ & Son, 419 W. Jefferson St.,
Louisville, Ky.
Hilts, Erwin R., 120 Broadway.
Hinckley, Albert P., 1 Wall St.
Hirsch, Lilienthal & Co., 165 Broadway
Hirschberg, Harold, 39 Broadway.
Hirshon, Walter, 61 Broadway.
Hiscoe, Reginald V., 52 Wall St.
Hoge, Underhill & Co., 120 Broadway
Hogle, J. A., & Co., 132 Main St., Salt Lake City,
Utah

further information on firms appearing In bold face type will be found in the selected list of Investment Dealers following bank list In each city


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

STOCK EXCHANGE MEMBERS

1695

NEW YORK STOCK EXCHANGE—Continued
Hollander, Robert B., 50 Broad St.
Holsapple, Harvey & Co., 30 Pine St.
Homans & Co., 67 Broad St.
Hoppln Bros. & Co., 120 Broadway
Hornblower & Weeks, 40 Wall St.
Hough, Harry P., 71 Broadway.
Hovey, Chandler & Co., 82 Devonshire St.,
Boston, Mass.
Howard, Robert F., 25 Broad St.
Howell, Douglass & Co., 26 Broadwav.
Hoyne, Mellinger & Co., 231 So. La Salle St.,
Chicago, Ill.
Hoyt & Co., Colgate, 14 Wall St.
Hubbard Bros. & Co., 60 Beaver St.
Hubbard, Edwin D., 29 Broadway.
Hughes & Co., 120 Broadway.
Hulburd, Warren & Chandler, 208 S. La Salle St.,
Chicago, Ill.
Hume & Thompson, 60 Broadway
Hummer, Wayne & Co., 105 W. Adams St..
Chicago, Ill.
Hunnewell & Co., 49 Federal St.
Hunt, Gregory C., 50 Broadway.
Hutchins & Parkinson, 50 Congress St., Boston,
Mass.
HUTTON & CO., E. F., 61 Broadway
Hutton & Co., W. E„ 14 Wall St.
Hyde, William T., 120 Broadway.
Hyman & Co., 40 Wall St.
Hynes, John M„ 120 Broadway.
Imbrie, H. Thornton, 50 Broadway.
Ingalls & Snyder, 100 Broadway
Irle, Willard S., 30 Broad St.
Iselin, Ernest, 115 Broadway.
Iseman, & Co., Harold M., 60 Beaver St.
Jackson Bros., Boesel & Company, 26 Broadway
JACKSON & CURTIS, 115 Broadway
Jacobs, Stanley R., 30 Pine St.
Jacobson & Co., Benjamin, 61 Broadway
Jacquelin & De Coppet, 47 Broad St.
Jelke & Co., Frazier, 40 Wall St.
Jenkins & Stevens, 120 Broadway.
Jenks, Gwynne & Co., 65 Broadway
Jennings, George C., 42 Broadway.
Jesup & Lament, 26 Broadway
Jewel, Norman J., 60 Broadway.
Jewett, Newman & Co., 26 Broadway
Johnson & Durant, 61 Broadway.
Johnson & Wood, 67 Broad St.
Johnson, Leeds, 49 Wall St.
Jones, C. Hyland, 20 Broad St.
Joseph & Co., Morris, 25 Beaver St.
Joseph J. Bernard, 40 Wall St.
Josephthal & Co., 120 Broadway
Jurgens, Herman E.t 42 Broadway.
Kahn, Elliott M., 44 Pine St.
Kahn, Gustave H., 165 Broadway.
Kahn, Harry, 87 Worth St.
Kamermayer, Henry, 50 Broadway.
Kastor, Robert N., 52 Wall St.
Kaufman, Richard K. & Co., 39 Broadway
Kaufmann, Leo, 25 Broad St.
Kay, Byfield & Co., 61 Broadway.
Kay, Richards & Co., Union Arcade, Pittsburgh,
Pa.
Kean, Taylor & Co., 14 Wall St.
Keenan, Henry C„ 120 Broadway.
Kelley, Thomas F., 50 Broadway.
Kellogg, James Crane, 3rd, 50 Broadway.
Kemp, George S., 911 E. Main St., Richmond, Va.
Kempner, Alan H., 120 Broadway.
Kennedy & Co., 1 Wall St.
Keppler, Emil A. C„ 540 Morris Ava., Elizabeth,
N. J.
Kerngood, S. George, 120 Broadway.
Kerr & Armstrong, 30 Broad St.
Kerr, L. S. & Co., 11 Wall St.
Kevet, Ralph E., 50 Broadway.
KIDDER & CO., A. M„ 1 Wall St.
KIDDER, FEABODY & CO., 17 Wall St.
Kimball, Hervey L., 42 Broadway.
King, Frank E., 50 Broadway.
Klauber, Murray, 42 Broadway.
Knapp, Arthur, Jr., 47 Broad St.
Knapp, Theodore J„ 14 Wall St.
Koch & Co., Spencer B., 29 Broadway
Koch, Spencer B„ 29 Broadway.
Kohler, Fish & Co., 48 Wall St.
Kraebel, Raymond H., 50 Broadway.
KUHN, LOEB & CO., 52-54 William St.
La Branche, Arthur E., 50 Broadway.
La Branche, Geo. M. L., 50 Broadway.
La Branche & Company, 50 Broadway
Ladenburg, Thalmann & Co., 25 Broad St.
Laidlaw & Co., 26 Broadway
Laird & Co., Nemours Bldg., Wilmington, Del.
Laird, Bissell & Meeds, 120 Broadway
Lamborn, Hutchings & Co., 39 Broadway.
Lamm, Harold J., 50 Broadway.
Lamson Bros. & Co., 141 W. Jackson Blvd,
Chicago, Ill.
Lanahan, W. W„ & Co., Calvert Bldg., Baltimore,
Md.
Langley & Co., W. C., 115 Broadway
Lapham, Davis & Bianchi, 29 Broadway
Lapham, Frank E. Jr., 120 Broadway.

MEMBERS
Larkin & Co., S. P., 30 Broad St.
Lawrence & Sons, Cyrus J., 115 Broadway
Lazard Freres & Co., 19 Nassau St.
Leavitt, Phillip B., 39 Broadway.
Lee, Cornelius S., Jr., 25 Broad St.
Lee, George C., 37 Broad St.
Lehman Bros., 1 William St.
Leopold & Co.. James M., 70 Wall St.
Levey, David E., 25 Broad St.
Levi, Frank S., 39 Broadway.
Levis, Carl, 30 Broad St.
Levy & Co., Robert J., 165 Broadway
Lewinson & Co., Sydney, 30 Pine St.
Lewis, Chas. E. & Co., 601 Second Ave., South
Minneapolis, Minn.
Lewisohn & Sons, Adolph, 61 Broadway
Lewisohn, Frederick, 595 Madison Ave.
Libaire & Company, 37 Wall St.
Liberman, Herman N., Jr., 25 Broad St
Linburn, Ernest A., 25 Broad St.
Lipper, Arthur, Jr., 120 Broadway.
Lipscher, Milton A., 42 Broadway.
Livingstone, S. R. & Co., 1 Wall St.
Lloyd & Co., Ill Broadway
Lober Brothers & Co., 30 Broad St.
Lockwood, Peck & Co., 52 Broadway.
Loeb & Co., Carl M., 61 Broadway.
Loeb, Alsberg & Co., 39 Broadway.
Loeb, George A., 120 Broadway.
Loeb, Robert H., 25 Broadway.
Long, John E., 25 Broad St.
Lovejoy, Donald M., 49 Broad St.
Low, Arthur J., 29 Broadway.
Lowell, James Russell, 1 Wall St.
Lowitz, E. & Co.. 29 Broadway.
Luber & Co., 40 Wall St.
Luke, Banks & Weeks, 1 Wall St.
Lyon & Co., W. Wallace, 120 Broadway
Lyons, W. L„ & Co., 231 S. 5th St., Louisville, Ky.
Mabon & Co., 1 Wall St.
MacArthur, Malcolm, 47 Broad St.
MacCorkle, Robert C., 48 Wall St.
MacDonald & Co., 234 Real Estate Tr. Bide
Philadelphia, Pa.
Mackay & Co., 14 Wall St.
MacKinney & Weicker, 1 Wall St.
MACKUBIN, LEGG & CO., 222 E. Redwood St.,
Baltimore, Md.
’
MacMeekin & Co., 123 S. Broad St., Philadelphia
Pa.
MacQuoid & Coady.lll Broadwav
Madden, Walter H., 47 Broad St. ’
Maier, Albert J., 42 Broadway.
Maier, John A., 42 Broadway.
Manheimer, DeWitt J., 50 Pine.
Mann, Lloyd 0. Vernon, 120 Broadway
Manson & Co., Thos L., 120 Broadway
Marcus & Co., 30 Broad St.
Marks, Eric H„ 1 Wall St.
Marks, Laurence M. & Co., 49 Wall St
Marquis & Co., L. J., 39 Broadway
Marshall, Campbell & Company, 61 Broadway
Masten, A. E„ & Co., First National Bank Bldg .
Pittsburgh, Pa.
Maxwell, Eugene L., 25 Broad St.
Mayer, Clinton O. Jr., 120 Broadway.
Mayer & Company, Jos. G., 74 Trinity Place.
Mayer & Hart, 111 Broadway
Maynard, Oakley Sc Lawrence, 61 Broadway
McCarthy, Daniel F., 52 Broadway
McClave & Co., 120 Broadway.
McClellan, George R., 40 Wall St.
McCreery, Samuel, & Co., 123 S. Broad St,
Philadelphia, Pa.
McCutcheon, McKelvy & Durant, Union Trust
Bldg., Pittsburgh, Pa.
McDermott & Co., Peter P„ 39 Broadway
McDermott, David H„ Room 1043,25 Broadway.
McDermott, William P., 39 Broadway.
McDonnell & Co., 120 Broadway.
McEneaney, Edward V., 47 Broad St.
McGeoch, Arthur N„ Jr., 61 Wall St.
McGoldrick, Henry A., 50 Broadway.
McGough & Schuman, 61 Broadway.
McGregor, Irvine & Co., 1219 Chapline St.,
Wheeling, W. Va.
McIntyre, Hugh B., 50 Broadway.
McKay, N. Bruce, 42 Broadway.
McKenna, Arthur J., 47 Broad St.
McKenna. James. 40 Exchange Place.
McKenzie, Joseph E., 120 Broadway.
McKeon, Daniel Manning, 71 Broadway.
McKeon, Robert Manning, 71 Broadway.
McLaughlin. JoseDh A., 50 Broadway.
McLean & Mackey, 15 Broad St.
McLean, James, 40 Wall St.
McMannus & Mackey, 15 Broad St.
McVickar, E. S. J., 2 Wall St.
Meehan & Co., M. J., 30 Broad St.
Meffert, Robert F., 42 Broadway.
Melady & Co., John, 39 Broadway
Mellick, J. Hartley, Jr., 50 Broadway.
Mellon, Charles Henry, 42 Broadway.
Mensch, Bernard L„ 29 Broadway.
Mensch, Milton, 39 Broadway.
Mesirow, Norman, 135 S. La Salle St., Chicago, Ill
Miller & Dodge, 30 Broad St.
Miller & Lummis, 111 Broadway.
Miller,Frank A., 25 Broad St.
Mindermann, Frederick H., 29 Broadway.
Minton & Co., D. M., Ill Broadway
Mitchell, Whitmer, Watts & Co., 14 Wall St
Mitchell, Hutchins & Co., 231 S. La Salle St.,
Chicago, Ill.
Montgomery, Robert Craig, 111 Broadway.

Montgomery, Scott & Co., 120 Broadway
Moore & Co., D. T„ 50 Broad St
Moore, J. Carson, 83 Westminster Rd„ Garden
City, L. I., N. Y.
Moore, Leonard & Lynch, 111 Broadway
Moore McLean & McDermott, 200 S. LaSalle
St., Chicago.
Moore & Schley, 100 Broadway.
Moors & Cabot. Ill Devonshire St., Boston, Mass
Morgan & Company, Henry, 42 Broadway
MORGAN Sc CO., J. F., 23 Wall St.
Morgan, Morgan G„ 30 Broad St
Morris & Co.. 1 Wall St.
Morris, A. W„ & Co., 325 W. 8th St., Los Angeles,
Calif.
Morris & Smith, 120 Broadway
Morris, William & Co., 52 Wall St.
Morrison, H. Terry, 61 Broadway
Morse, Anthony W„ 1 Wall St.
MOSELEY & CO., F. S., 14 Wall St.
Muir & Co., John, 39 Broadway.
Munds, Winslow & Potter, 40 Wall St.
Munn & McCauley, 30 Broad St
Murfey, Blossom &.Co„ Guardian Bldg, Cleve­
land, Ohio.
Murphy, C. H. & Co., 71 Broadway
Murphy, G. M.-P. & Co.. Ill Broadway
Myles, John L.. 47 Broad St.
Nammack, Jerome W., 40 Wall St.
Nash & Co., Ill Broadway.
Naumburg & Reynolds, 115 Broadway
Neddermeyer, August, 120 Broadway. '
Neilson & Co., C. F., 120 Broadwav
Neilson, C. Frederic, Jr., 115 Broadway.
Neilson, Louis, 120 Broadway
Nelson, Palen, 1 Wall St.
Neuberger, Harry H„ 60 Beaver St.
Neuhut, Plohn & Co., 60 Broad St
Neumoegen, Manfred L., Ill Broadway
N<S??,ol£’?’vY S- Son & Co- 1517 Locust St.
Philadelphia, Pa.
Newborg & Co., 30 Broad St.
Newburger, Loeb & Co., 40 Wall St
Newcombe, Chas. M., Ill Broadway
Newhard, Cook & Co., 400 Olive St., St. Louis
MO.

Newman Bros. & Worms, 25 Broad St
Newsome, John C„ 50 Broadway
Newton, Robert P., Ill Broadwav.
Nick, J. F. & Co., 120 Broadway
Nicolaus Louis J., 314 N. Broadway, St.Louis.Mo
Nims, Arthur V., Ill Broadway.
Noble, H. G. S., 42 Broadway.
Noel, Berman & Langley, 67 Wall St
Norris & Kenly, 208 S. La Salle St., Chicago, Ill.
Norris, Donald Lee, 61 Broadway
Noyes, David A., & Co., 208 S. La Salle St.,
Chicago, Ill.
Noyes, Julius W„ 1 Wall St.
Nugent & Igoe, 11 Commerce St., Newark, N J
Nuttall, R. V., & Co., Park Bldg., Fifth Ave' &
Smith field St., Pittsburgh, Pa
O’Brien, Esmonde F., 15 Broad St
O’Brien, Richard W„ 15 Broad St
O’Gara & Co., Alfred, 209 S. La Salle St., Chicago,
Oliphant & Co., Jas. H„ 61 Broadway.
Onativia, J. V., 42 Broadway.
O’Neill & Co., Grover, 20 Exchange Place
Orvis Brothers & Co., 60 Broadway
Orvis, Schuyler A., 60 Broadway
O’Sullivan, James J., 120 Broadway
Ottimer, Jack C., 30 Broad St.
Ottley, Gilbert. 165 Broadway
Paine, Webber & Co., 25 Broad St.
Parker, Alfred P„ 44 Beaver St.
Parker, Dale, 30 Rockefeller Plaza.
Parker, McElroy & Company, 120 Broadway
Parrish & Co., 40 Wall St.
Pearl, Dyer, 1 Wall St.
Peck, Barney, 42 Broadway.
Peckham, Henry A., 49 Broad St.
£e,eAH/,°- & Co- 23 w- 10th St., Kansas City,Mo.
Pell & Co., 40 Wall St.
Pell, Peake & Co., 24 Broad St.
Pelzer, B. H. & F. W., 120 Broadway.
Penington, Colket & Wisner, 48 Wall St
Perkins, Erickson & Co., Powers Bldg., Rochester,
N. Y.
Pflugfelder, Bampton & Rust, 61 Broadway
Pforzheimer & Co., Carl H., 25 Broad St’
Pierce & Co., E. A., 40 Wall St.
Pierce, Allen A., 40 Wall St.
Pillot, Andre P„ 48 Wall St.
Pinkerton & Whitney, 50 Broadway.
Piper, Jaffray & Hopwood, 115 S. 7th St., Minne­
apolis, Minn.
Pollard & Company, 120 Broadway.
Post & Flagg, 49 Broad St.
Potter, Earl S., 120 Broadway.
Potter, Eliphalet N„ 42 Broadway.
Potts, William B. Jr., 40 Wall St.
Potts, William Rockhill, 47 Broad St.
Pouch & Co., 52 Wall St.
Prescott, Biggar & Co., 101 Guardian Bldg,
Cleveland. Ohio.

Farther information on firms appearing in bold face type Will be found in the selected Ust of Investment Dealers following bank list in each tyci.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

STOCK EXCHANGE MEMBERS

1696

NEW YORK STOCK EXCHANGE—Continued
PRESSPRICH A CO., R. W., 68 William St.
Price, Geo. E. A Co., 60 Beaver St.
Prince, F. H„ & Co., Court & Washington Sts.,
Boston, Mass.
Proctor, Cook A Co., Ill Broadway.
Pryibil, Paul, 120 Broadway.
Purcell, Edward A. & Co., 39 Broadway.
Purdy, Strother B„ 42 Broadway.
Putnam A Co., 6 Central Row, Hartford, Conn.
Pyne, Kendall A Hollister, 60 Wall St.
Quincey A Co., Chas. E., 24 Broad St.
Quinn, Walter A., 50 Broadway.
Raebeck, William, 67 Wall St.
Rafferty, Paul F„ 120 Broadway.
Raiss, A Co., Carl, 256 Montgomery St„ San
Francisco, Calif.
Raschen, John W., 42 Broadway.
Ray, Joseph B„ 50 Broadway.
Rayner, Thomas, 42 Broadway.
Redmond A Co., 44 Wall St.
Reeves, Edward J., 61 Broadway.
Reilly, Wm. B., 50 Freeman St.. Newark, N. J.
Reimer, Terry A Co.. Ill Broadway
Reiner A Co., Milton E„ 120 Broadway
Reinholdt A Gardner, 400 Locust St., St. Louis, Mo.
Renson, Joseph H., 19 Rector St.
Reynolds A Co., 120 Broadway.
Reynolds, Fish & Co., 120 Broadway.
Rheinstein, Sidney, 30 Pine St.
Rhodes, Edmund, 30 Broad St.
Rhodes, Gilbert L„ 120 Broadway.
Rice, Edward J., 52 Wall St.
Rich, Clark A Brady, 39 Broadway
Richard, G. B. A Co., 44 Beaver St.
Richards, Fred L„ 42 Broadway.
Richards, Hume & Heffernan, 49 Wall St.
Righter, Walter L., 63 Wall St.
Rlstine A Co., F. P., 15 Broad St.
Riter A Co., 48 Wall St.
Rives. Reginald B„ 47 Broad St.
Robertson, Alexander J., 1 Wall St.
Robinson, N. Dorsey, 47 Broad St.
Rockefeller, Laurance S., 30 Rockefeller Plaza.
Roesler, Walter, 60 Beaver St.
Rogers, Frank C., Ill Broadway.
Rogers, Wilbur H„ 120 Broadway.
Rollins, Ernest C„ 52 Broadway.
Rollins! G. Edward, 40 Wall St.
Rooke, Robert L„ 40 Wall St.
Rose A Co., Luke H., 14 Wall St.
Rose, Raymond S., 30 Broad St.
Rose, Reginald P., 42 Broadway.
Rosenau, Walter N„ 1 Wall St.
Rosenbaum, Francis F., 15 Broad St.
Rosenbaum A Co., Richard, 39 Broadway.
Rossbach, Laurence B.. 42 Broadway.
Rossmann, F. L. A Co.. 40 Wall St.
Roth A Co., B. H., 25 Broad 8t.
Roth, E. J. & Co., 165 Broadway
Rothschild A Co., 105 W. Adams St., Chicago, Ill.
Rothschild A Co., L. F„ 120 Broadway.
Rowland, Reginald, 50 Broadway.
Ruggles, Burnet R., 61 Broadway
Russell, Marshall H., 39 Broadway.
Rutherfurd, John, 120 Broadway.
Sabater, William F., 42 Broadway.
Sackett, Ray P. A Co., 71 Broadway.
Sagar, W. S„ & Co. 115 Broadway.
Sage, Henry W., Jr., 64 Wall St.
SALOMON BROS. & HUTZLER, 66 Wall St.
Salomon A Co., F. L„ 50 Broadway.
Salomon, Robert S., 60 Wall St.
Salter, John A., 42 Broadway.
Salzer, Herbert D„ 120 Broadway.
Samuel & Co., Ralph E„ 115 Broadway.
Sanford & Kelley, 20 Market St., New Bedford,
Sargeant, Malo A Co., Equitable Bldg., Denver,
Colo.
Sartorius A Smith, 61 Broadway.
Scarritt A Bardach, 120 Broadway
Schafer Bros., 1 Wall St.
Schafer, Myron, 30 Pine St.
Schatzkin, Loewi A Co., 120 Broadway.
Scheftel, Herbert, 42 Broadway.
Schiff A Young, 15 Broad St.
Schirmer, Atherton A Co., 79 Milk St., Boston,
Schoellkopf A Co., 70 Niagara St., Buffalo, N. Y.
Scholl, A Co., T. F„ 50 Broad St.
Scholle Brothers, 40 Wall St.
Scholle, William D„ 40 Wall St.
Schonfteld, Jacob, 60 Beaver St.
Schreiber, Otto A., 120 Broadway.
Schreiber. Pierrepont D.. 50 Broadway.
Schryver, E. B., 40 Wall St.
Schubert, George C„ 40 Wall St.
Schwabacher A Co., 600 Market St., San Fran­
cisco, Calif.
_„ j ^
Schwabacher, Herman S., 25 Broad St.
Schwartz, Herman, 39 Broadway.
Schweppe, E. Poynter, 39 Broadway.
Scott A Stringfellow, P. O. Box 1575, Richmond,
Va.
Scott, Stuart Jr., 50 Broadway.
Scranton, Chas. W„ A Co., 209 Church 8t„
New Haven, Conn.
Seaman, Henry Brevoort, 42 Broadway.
Seaman, Joseph H., 1 Wall St.
Seasongood A Haas, 63 Wall St.
Seeley, Nathaniel S„ 71 Broadway.

MEMBERS
8ELIGMAN A CO., J. & W., 64 Wall St.
Seligman A Co., George A., 42 Broadway.
Seligman, James, 30 Pine St.
Seligman, Julius, Drawer 38, Station A., San
Antonio, Tex.
Seliesbere & Co., 50 Broad St.
Seskis, Jack Y., 50 Broad St.
Sesselberg, Arthur W., 120 Broadway.
Shaskan Brothers, 39 Broadway.
Shaskan & Co., 39 Broadway
Shaw, George W., c/o Bell A Beckwith, Toledo,
Ohio.
Shea, Frank, A.. 254 Park Ave.
Shea, James F. & Co., 50 Broadway.
Shearson, Hammill & Co., 14 Wall St.
Shethar, John £., 120 Broadway.
Shields A Company, 44 Wall St.
Shields, Robert McC., 61 Wall St.
Shlppee A Rawson, 111 Broadway.
Shufroi Rose A Co., 1 Wall St.
Shuman & Co., 25 Broad St.
Sichel, Eugene A., 120 Broadway.
Sidenberg, George M„ 25 Broad St.
Siegel, Isaac, 61 Broadway.
8ilberberg, D. H. & Company, 63 Wall 8t.
Simmons, Cheston, 47 Broad St.
Simmons & Co., E. H. H„ 52 Broadway.
Simmons, Zalmon G., Jr., 254 Park Ave.
Simon, I. M„ & Co.. 315 N. 4th St.. St. Louis, Mo.
Simon & Co., Richard L„ 120 Broadway.
Simonds, Robinson, 111 Broadway.
Sincere & Co., 231 S. La Salle St., Chieago, Ill.
Singer, Deane A Scribner, Union Trust Bldg.
Pittsburgh, Pa.
Sisto & Co., J. A., 68 Wall St.
Slater, Robert V., Ill Broadway.
Slepack & Co.. 25 Broadway
Smith, Barney A Co., 14 Wall St.
Smith, Bernard E., 11 Wall St.
Smith, Bert V., 20 Broad St.
Smith, E. E. T„ 14 Wall St.
Smith, Frank A Co., 120 Broadway
Smith, Herbert L„ Jr., 30 Pine St.
Smith, Kenneth R., 61 Broadway.
Smith, Lyman D„ 61 Broadway.
Smith, Ralph C„ 115 Broadway
Smith A Co., Wilbur F„ 40 Wall St.
Smith & Gallatin, 24 Broad St.
SMITHERB A CO., P. 8., 30 Bros* St.
Sneckner & Heath, 63 Wall St.
Snedeker, Chas. V., 1 Wall St.
Snyder, Wilson & Co., 408-10-12 Madison Ave.,
Toledo, Ohio.
Somers & Schafer, 50 Broadway
Sonn, Herbert H., 30 Pine St.
Soucy, Swartswelter & Co., 161 Devonshire St.,
Boston, Mass.
Southgate A Co., 33 State St., Boston, Mass.
Sparks, J. W. & Co., 50 Broadway.
Spear A Leeds, 25 Broad St.
Sperber, Benjamin, 25 Broad St.
Spero & Co., 120 Broadway
SFEYER A CO., 24-26 Pin* St.
Soeyer, Alexander C., Jr., 61 Broadway.
Spielman, David B„ 39 Broadway.
SDingarn A Co., Leopold, 29 Broadway.
Sprague, Raymond, 39 Broadway.
Sprayregen A Co., 39 Broadway.
Stackpole, William, 120 Broadway.
Stafford A Co., 30 Broad St.
St^mm A Co., A. L„ 120 Broadway
Stanley, Janeway A Howe, 40 Wall St.
Stanton A Co., 42 Broadway.
Starkweather A Co., Ill Broadway.
Starr, William T„ 61 Broadway.
Stebbins, Ernest Vail, 42 Broadway.
Stein, Brennan A Co., 9-11 S. LaSalle St., Chicago,
Ill.
STEIN BROS. & BOYCE, 6 S. Calvert St.,
Baltimore, Md.
Stein, Jules C„ 430 N. Michigan Ave., Chicago.
III.
Steiner, Rouse A Company, 25 Broad St.
Sterling, Grace A Co., 50 Broad St.
Stern A Co., Allison, 25 Broad St.
Stern Brothers, 39 Broadway
STERN, LAUER & CO., 30 Pine St.
Sternberger, Henry S., 1 Wall St.
Stevens A Legg, 120 Broadway.
Stevens, Byam K., 120 Broadway.

Stevenson A Bartram, 120 Broadway.
Stewart, Charles E., 25 Broad St.
Stewart, John A., 3rd, 120 Broadway.
Stokes, Hoyt A Co., 39 Broadway.
Stone, Howard R„ 60 Broadway.
Stout & Co., 25 Broad St.
Stout, Bayard Dominick, 47 Broad St.
Stralem, Pierre, 44 Pine St.
Strassburger & Co., 133 Montgomery St., San
Francisco, Calif.
Strasser, Robert, 42 Broadway.
Straus, Ferdinand A., 50 Broadway.
Strauss, Max, 120 Broadway.
Strauss, Phillips A Co., 120 Broadway
Stroock, Stephen J. & Co., 1 Wall St.
Struthers & Dean, 40 Wall St.
Sulzbacher, Granger A Co., Ill Broadway.
Sutro A Co., 407 Montgomery St., San Francisco,
Calif.
8utro Bros. A Co., 120 Broadway
Swan A Co., J. E., 25 Broad St.
Sweetser A Co., 43 Broad St.
8winnerton, Radcliffe, 60 Beaver St.
Sykes, Lawrence A., 25 Broad St.
Talbot & Company, 11 Wall St.
Talcott, Potter & Co., 26 Broadway
Tanburn, Stephen A., 50 Pine St.
Tate A Hay*, 71 Broadway
Taylor & Delany, 50 Broadway
Taylor, Bates at Co., 48 Wall St.
Taylor & Co., W. R. K., 120 Broadway
Telit A Company, 24 Broad St.
Teaney A Co., 31 Milk St., Boston, Mass.
Thaw, Lawrence Copley, 1 Wail St.
Thiele, Walter, 120 Broadway.
Thomas, Richard Russell, 47 Broad 8t.
Thomson A McKinnon, 11 Wall St.
Thorne, F. B. A Co., 120 Broadway.
Thurnauer, Arthur F„ 61 Broadway.
Tierney, Andrew J., 60 Broadway.
Tifft Brothers, Third National Bank Bldg.,
Springfield, Mass.
TIMMINS A COMPANY, J. R., 61 Broadway.
Tobey A Co., 25 Broadway.
Tobey A Kirk, 52 Wall St.
Tobias, W. Eldridge, 60 Broadway.
Toerge A 8chiffer, 15 Broad St.
Tompkins, Frederic P., 47 Broad St.
Townsend, Anthony A Tyson, 30 State St.,
Boston, Mass.
Townsend, Graff A Co., 120 Broadway.
Trask A Co., Spencer, 25 Broad St.
Trask, John J., 47 Broad St.
Travers, Clark and Taylor, 120 Broadway
Travers, Leo B„ 50 Broadway.
Treman A Co., Arthur B., 1st Nat’l. Bank Bldg.,
Itli&C3 N Y
Trimble A Co., 1326 Walnut 8t., Philadelphia, Pa.
Tucker, Anthony A Co., 120 Broadway
Turner, Wallis 8.. 50 Broadway.
TurnHre A Co.. Lawrence. 1 Wall St.
Tweedy. Edmund R., 25 Broad St.
Ulman, A. Barclay, 14 Wall St.
Untermeyer, Milton F., 60 Beaver St.
Untermeyer, Milton F„ Jr., 60 Beaver St.
Vachio, Frank A., 42 Broadway,
van Daell. Paul A. H., 50 Broadway.
Van Raalte, Arthur, 29 Broadway.
Vaughan A Company, 50 Broadway
Vercoe A Co., Huntington Bank Bldg., Columbus,
Ohio.
Vernon, Miles H., 1 Wall St.
Vesce, Anthony P., 15 Broad St.
Vesce, Joseph V., 71 Broadway.
Vietor, Common A Co., Marine Trust Bldg.,
Buffalo, N. Y.
Vilas A Hickey, 49 Wall St.
Vogel, Arthur J., 30 Pine St.
Wadsworth, Willard, 1 Wall St.
Wagner, Stott A Co., 19 Rector St.
Wainwright A Co., H. C„ 60 State St., Boston
Mass.
Wainwright, Luce and Willetts, 14 Wall St.
Waldheim, Platt A Co., 308 N. Eighth St„ St.
Louis, Mo.
Walker Brothers, 71 Broadway
Walker A Co., G. H., 1 Wall St.
Walker A Sons, Joseph, 120 Broadway
Waller A Co., 61 Broadway
Walston A Co., 265 Montgomery St., San Francis­
co, Calif.
Warburton, Wm. John, 60 Broadway.
Ward, Charles J., 39 Broadway.
Ward. Graver A Company, 40 Exchange Place.
Wardle, H. Allen, 40 Wall St.
Ware A Keelips, 19 Rector Street

Further information on firms appearing in bold face type will be found In the selected list of Investment Dealers following bank list lu each city.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

STOCK EXCHANGE MEMBERS

1697

NEW YORK STOCK EXCHANGE—Continued
MEMBERS
Warner, David, 120 Broadway.
Watling, Lerchen & Hayes, 334 Buhl Bide
Detroit, Mich.
Watson, Armstrong ft Co., 24 Broad St.
Watson, Charles F. Jr., 67 Broad St.
Watson ft Co., T. L„ 40 Wall St.
Weed, Hall, Berndt & Co., 40 Wall St.
Weekes, Harold H., 30 Pine St.
Waicker ft Co., 1 Wall St.
Well, Arthur C., 25 Broad St.
Weil, Charles S., 30 Broad St.
Weingarten & Co., 29 Broadway.
Weisl & Co., Edwin, 39 Broadway.
Welch, Francis W., 25 Broad St.
Welles, C. E. & Co., 25 Broadway.
WELLINGTON & CO., 12$ Broadway
Wenman & Co., 1 Wall St.
Wertheim, Albert, 120 Broadway.
WERTHEIM & CO., 12t Broadway
Westheimer & Co.. 324 Walnut St., Cincinnati,
Onio.
Whaley, Frederick C„ 120 Broadway.

Whaley, Potter & Finucane, 120 Broadway.
White, Frederic N. Lawrence. 47 Broad St.
White, Leonard D., 20 Exchange PI.
White, Weld ft Co., 40 Wall St.
Whitehead, Edward R., 52 Broadway.
Whitehead, Edward R., Jr., 52 Broadway.
Whitehouse & Co., 1 Wall St.
Whiteley, Aubrey S„ 1 Wall St.
Whitman, Herbert S„ 47 Broad St.
Whitney & Elwell, 30 State St., Boston, Mass.
Whitney ft Sons, H. N„ 49 Wall St.
Wilcox ft Co., 14 Wall St.
Wilder, George H„ 1 Wall St.
Willett, George, 61 Broadway.
Williams, Blair S. ft Co., 25 Broad St.
Williams & Co., Clark, 50 Broadway
Williams, Kenneth R., 30 Pine St.
Willlston & Co., J. R„ 115 Broadway.
Wilson, Alanson H. R., 61 Broadway.
Wilson, William L., 71 Broadway.
Winslow & Douglas, 11 Wall St.
Winthrop, Robert ft Co., 48 Wall St.
Wlnthrop, Mitchell & Co., 26 Broadway
Wisner, Charles H„ 40 Exchange Place.

Witter, Dean & Co., 45 Montgomery St, San
Francisco, Calif.
W2°,dvf •
Jr- & Co > 511 Chestnut St., Phila­
delphia, Pa.
Wood, Chalmers, 67 Broad St.
Wood, Low & Company, 63 Wall St.
Wood, Strothers ft Co., 20 Pina St.
Wood, Trubee & Co., M & T Bldg., Buffalo, N. Y.
Wood, White & Co., 14 Wall St.
Woody, Charles L. Jr., 61 Broadway.
Woolner, Adolph, 42 Broadway.
Wormser, Sidney S., 40 Wall St.
Worthington, George L., 50 Broadway.
Wrenn, Philip W„ 30 Federal St., Boston, Mass
Wright ft Sexton, 1 Wall St.
Wright, Albert J., 12 N. Division St., Buffalo, N. Y
Wurts, Dulles & Co., 1416 Chestnut 8t., Phila­
delphia, Pa.
Wyle, John J., 50 Broadway.
Yarnall ft Co., 1528 Walnut St., Philadelphia, Pa.
Young, Charles F„ 42 Broadway.
Young, T. Sloan, 30 Pine St.
Zeltner, Charles F„ 115 Broadway.
Zucker, Arthur A., 1 Wall St.
Zackerman, Henry ft Co., 52 Broadway

OHIO
CINCINNATI STOCK EXCHANGE
(208-209-210 Dixie Terminal Bldg.)
Officers: Jos. B. Reynolds, President; W. E. Fox, Vice-President; C. H. Reiter, Treasurer; C. H. Steffens, Jr., Secretary
SCHEDULE OF RATES OF COMMISSION (March 1, 1936)
_ ,
ON STOCKS
York Stock Exchange. Whenever the Board of Trustees however, deems
o
, r,ce
Bate Per Share
it advisable to do so, they may designate any security listed on the Cincinnati
Selling under $1.00 per share------------------------As determined by member
Stock Exchange and any other principal exchange, in which the Commission
8elling at $1.00 per share and below $5.00 per share__ Not less than 7Hc
shall not be less than are provided by the rules of such other Exchanges.
8elling at $5.00 per share and below $10.00 ner share. .Not less than 15c
(Aluminum Industries, American Laundry Machinery, Eagle Picher Lead,
Selling at $10.00 per share and below $150.00 oer share.Not less than 25c
U. S. Playing Card and Waco Aircraft all traded in on the New York Curb
Selling at $150.00 per share and below $200.00 per share.Not less than 50c
have been so designated.)
Selling at $200.00 per share and below $300.00 per share.Not less than $1.00
RONDS
8elling at $300.00 per share and below $400.00 per share.Not less than $1.50
The Commission charge on all bonds, except that of U. S. Bonds, is oneSelling at $400.00 per share and over............... ...............Not less than $2.00
quarter of one per cen on the par value. The Commission charge on
U. S. Bonds is one-eighth of one per cent.
MINIMUM COMMISSION ON STOCKS
RATES TO MEMBERS—GIVE-UPS. On stocks listed only on th*
Provided, however, that on every transaction which involves an amount
Cincinnati Stock Exchange the Commission shall not be less than the rates
of $15.00 or more, the minimum commission shall be not less than $2.50.
given below:
A transaction which involves under $15.00, the minimum commission shall
Rate per share
be as determined oy the broker.
Selling under $1.00 per share-------------------------- as mutually agreed upon
Selling at $1.00 but under $5.00...................................................Notlessthanlc
ON RIGHTS AND WARRANTS
Selling at $5.00 but under $10.00................................................[Notlessthan3c
Price
Rate Per Right
Celling at $10.00 and above....................................................Not less than 4e
or Warrant
Selling under 50c............................ ....................... (as mutually agreed upon)
On stocks listed Jointly on the New York and Cincinnati Stock Exchange
Selling at 60c but under $1.00___ ....................................Not less than 3c
the Commission shall not be less than the rates given below. (These rates
8elling at $1.00 but under $5.00... ■--------- -----------------Not less than 5c
also apply to Aluminum Industries, American Laundry Machinery, Eagle
Selling at $5.00 but under $10.00. ............. -.................... Not less than 7Hc
Picher Lead, U. S. Playing Card and Waco Aircraft, which are traded in
on the New York Curb.)
Selling at $10.00 and above_____ .....................-.............Not less than 15c
Selling under $1.00 per share...................................as mutually agreed upon
Selling at $1.00 but under $5.00.................................................Notlessthanlc
MINIMUM COMMISSION ON RIGHTS AND WARRANTS
Selling at $5.00 but under $10.00....................
[Not less than 2c
Provided, however, that on every transaction which involves an amount
Selling at $10.00 and over..................................................Not less than 2Hc
of $5.00 or more, the minimum Commission shall be not less than $1.00.
A transaction which involves under $5.00, the minimum Commission shall
CLEARANCE BUSINESS
be as determined by the Dicker.
RATES TO MEMBERS—On business for members of the Exchange
when the principal is not given up, the Commission shall not be less than
FRACTIONAL SHARES
one-half of the non-member rates.
•hares” ShaU b0 Char£ed a Commissi<>n not less than 50 cents on fractional
The Commission on rights and warrants shall be the same as on stocks,
JOINTLY LISTED STOCKS
As to stocks and rights which are listed on the New York Stock Exchange,
the Commission shall not be less than are provided Dy the rules of the New'

except in the case of rights and warrants selling below $1.00 on which the
Commission may be mutually agreed upon.
The Commission on bonds shall not be less than 40 cents per $1,000 par
value on bonds.

MEMBERS
Assel, Jos. H., 218 Provident Bank Bldg.
Bartlett, BenJ. D. & Co., 313 Vine Street.
Barth Co., J. L., Dixie Terminal Bldg.
Bruner, George, 3010 Observatory Rd.
Chambers & Co., J. D., Union Trust Bldg.
Cohle, H. B. & Co., 711 Union Trust Bldg.
Cree, Ellwood H., 314 W. 4th St., Covington. K
Dominick & Dominick, 115 Broadway, New Yoi
Duble, Dennison, 403 First Nat’l. Bldg.
Dunlop & Dunlop, Mercantile Librarv Bldg
Eustis, Geo. ft Co., 810 Fourth National Bank Bid
Fox ft Co., W. E„ Fourth Nat’l Bk. Bldg.
Gibson, R. H., 235 Scott St., Covington, Ky.
Gradison, W. D. & Co., 408 Dixie Terminal Bid

Granberry & Co., 50 Broadway, New York, N. Y
Grau, J. J., 1331 Union Trust Bldg.
Greene & Brock, 301 Third Nat’l. Bk. Bldg,
Dayton.
Harvey, M. C„ 216 Superior Ave., N.E., Cleveland.
Hill & Co., Carew Tower.
Horan, R. J., Union Trust Bldg.
Hutton, W. E. & Co., First National Bank Bldg.
IRWIN BALLMAN CO., THE, First National
Bank Bldg.
Lepper, A. & Co., First National Bank Bldg.
Lowenthal, Ben, W. D. Gradison & Co., 408 Dixie
Terminal Bldg.

LYONS & CO., W. L., St. Paul Bldg.
muitn/u, u. u. & tu., union Trust Bldg.
Reiter & Co., C. H„ Union Trust Bldg
Stephenson & Potter, Union Central Bldg
Thurnauer, Max, First Nat’l. Bk. Bldg
Tyree, Victor L., 2324 Park Ave.
WEIL, ROTH & IRVING CO., THE, 217
Dixie Terminal Bldg.
Westerfleld, Ralph, Union Trust Bldg.
Westheimer & Co., First National Bank Bldg.
Westheimer, E. J., W. L. Lyons & Co., Union
Trust Bldg.

f arther Inferi ation on firms appearing In bold face type will be found In the selected list of Investment Dealers following bank list In eaeb city.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

STOCK EXCHANGE MEMBERS

1698

CLEVELAND STOCK EXCHANGE
Officers: Percy W. Brown, Vice-President;
C B. Whitcomb, Secretary,

David G. Skall, Treasurer-

Wm. J. Perry, Asst. Secretary.

SCHEDULE OF COMMISSION RATES
Commission
Prirpd
per Share
Stocks Selling
3c
Under $1
Minimum commission $1.00
$ 1 and up to and including 9Vs.......... .......................................... 'ft:
10 and up to and including 24%....................... -............................
25 and up to and including 49%.......... ...........................................
50 and up to and including 124% --........ ......... .................. -...........
125 and up to and including 299% ---------------------- -------- -------- S9®
300 and up to and including 499%-------------------------- --------------s,
500 and over..........................................«Voo.......................................
Minimum commission $2.00
BACHE & CO., J. S., 200 National City Bldg.
♦Bahl, Jr., Gaylord W., 105 Mohican Bldg.,
♦Belln&flBeckwith, Home Bank Bldg., Toledo, O.
Borton, Bates & Co., 1937 Union Commerce Bldg.
Butler, Wick & Co., Union National Bldg..Youngs­
Clark & Co., 981 Union Commerce Bldg.
♦Collin. Norton & Co.. Gardner Bldg., Toledo, 0.
Curtiss, House & Co., 1201 Union Commerce Bldg.
Fenner’& Beane, Leader Bldg.
GILLIS, WOOD & CO., 1585 Union Commerce
Bldg.

MEMBERS
Will S. Halle & Co., 511 Swetland Bldg.
Hawley, Huller & Co., 1436 Union Commerce Bldg.
Hayden, Miller & Co., 1250 Union Commerce Bldg.
Hornblower & Weeks, 1040 Union Commerce Bldg.
Jackson & Curtis, 1737 Union Commerce Bldg.
Kraus, Cunningham & Co., 1846 Union Commerce
Murch & Co., Maynard H., 1186 Union Commerce
Murfey, Blossom & Co., 901 Guardian Bldg.
Paine, Webber & Co., 1111 Terminal Tower Bldg.
E. A. Pierce & Co., 215 Cuyahoga Bldg.
(Associate Members*)

Ryan & McManus, 39 Broadway, N. Y.
Schultz & Co., L. J., 736 Union Commerce Bldg
David G. Skall & Co., 2031 Union Commerce Bldg.
W. S. Snyder & Co., 2027 Union Commerce Bldg.
Soucy, Swartswelter & Co., 1336 Union Commerce
Stanley & Co., 1740 East Twelfth St.
♦Stevenson, Vercoe, Fuller & Lorenz, Huntington
Bank Bldg., Columbus, O.
_ , .
♦Vercoe & Co., Huntington Bk. Bldg., Columbus.
Wellsted, Macklin & Co., 1280 Union Commerce
Witt',1 John P. & Co., 2029 Union Commerce Bldg.

PENNSYLVANIA
PHILADELPHIA STOCK EXCHANGE
Howard Butcher. Jr.. President; B. Frank Townsend. Jr.. Vice-President; John R. Huhn, Ji Secretary; Frank E. Baker, Treasure,;
Officers:
Thomas B. Gravatt. Assistant Secretary, Assistant Treasurer and Auditor.
COMMISSION RATES
(March. 1, 1937)
NON-MEMBER COMMISSION RATES CUV STOCKS
Between Members
AND SUBSCRIPTION RIGHTS
Min|mum
BONDS
When Cleared
Commission
Selling Price Per Share
Rate Per Share
Not less than eighty cents for each $1000 bond.
........ .............-.........0.1c per share
}@3l!----------------------------- 0.15c per share
When Not Cleared
From i/64 of $ito'i7ffoT$i:::::::::::::---------------- ?.sc Per share
Not less than fifty cents for each $1000 bond.
per share
From 3/32 of $1 to 7/32 of $1------------ ----------- —......... T9®
per share
STOCKS
From % of $1 to 15/32 of $1-----------------------------------share
From % of $1 to 31/32 of $1---------------------------- -------- 5 0 per
When Cleared
. _ _.
per share
Rate Per Share
From $1 to $1%
------------------------- 6.0c per share
Price
From $2 to $2%..------- ---------------------------------- -------<?piiin
(7
under
50c
-........
—................
As
mutually
agreed
share
felling at 50c and above,'but under $1.00
Not less than %c
From $3 to $3%.................--------------------------------------- 8 0 per
share
From $4 to $4%--------------------- ------------------------ q 0 per
Selling at $1.00 and above, but under $10-00 .............. Not less than l%c
per share
From $5 to $5%-----------------------------------------------------10 Oc per share
Selling at $10.00 and above, but under $50.00 --------- Not less than 5c
From $6 to ------------------------------------------------------------.
Selling at $50.00 and above, but under $100.00.......... ..Not less than be
per share
From $7 to $7%......... ......... ..............................................."l 20c per share
Selling at $100.00 and above-------------------Not less than /c
From $8 to $8%------------------------------------- --------------- 1 o'0„ per share
When Not Cleared
„ x „
Rate Per Share
per share
per
share
QolHmr
irndnr
50c
.
........
.................As
mutually
agreed
From $20 to $29%..............................-.................... .............
per share
at 50c and above,'butunder $1.00. ..-------------Not less than %c
From $30 to $39%--------- ----- ---------------------------------per share
Selling at $1.00 and above, but under $10 00
Not less than lc
per share
Selling at $10.00 and above, but under $100.00....... —Not ess than 2c
From $50 to $59%-------------------------------- -------- -------per share
Selling at $100.00 and above----------------Not less than 2%c
per share
From $70 to $79%.......... —........... -......... ......... ...............SV'Oc per share
STOCK SUBSCRIPTION RIGHTS
per share
When Cleared
,
From $90 to $99%--------------. —
-------------------anmnonai
Pri.„
Rate Per Share
additional
Wnr onch additional $10 or fraction thereof___________ _ l-9c additional
QoiumTrmdpr 50c
.............. -.................. ...........As mutually agreed
Minimum Charge Per Transaction—Notwithstanding ib.0 foregoing,
Selling at 50c and'above, but under$1.00 ........ ......... Not less than l$£c
when the amount involved in a transaction is less than $1, the commission
Selling at $1 00 and above, but under $5.00.......................--Not }essjTan
shall be as mutually agreed; when the amount involved is $1 or more but less
Selling at $5.00 and above, but under $10.00----Not less than 2%c
than $50 the minimum commission shall be not less than 6% of such amount
Selling at $10.00 and above...........................................Not less than 4C
whichever “greater; and when the amount involved is $50 or more,
When Not Cleared
„ x
the minimum commission shall be not less than $s.
p..-„p
Rate Per Share
BONDS
Qoiiincr
linrtpr
50c
____________
___
_______
As
mutually agreed
Per $1000 of principal (except as stated in Article XXVI, Section 2 (d)
Selling at 50c and above, but under $1.00 ...... .............Not less than %c
Constitution):
____________ Not less than 75c
Selling at $1.00 and above, but under $5.00------------Not ess than Ac
Selling at $5.00 and above, but under $10.00........... —Not J^s than lc
$10(f an<f
underSl 66II:
j
111111111 iNot
than $21
Selling at $10.00 and above...................... ------------------Not less than
The minimum commission on any transaction between members shall be
tores in
25c.
any dual market in which a security is traded.
MEMBERS
Emory, Freed & Co., 109 S. 3rd Street.
Brylawski, Edward L., 123 So. Broad St.
Euler, Joseph D., 1421 Chestnut St.
Ashton, Augustus Trask, 1501 Finance Bldg.
Buckley Brothers, 1529 Walnut St.
Fearon, Charles. 511 Chestnut St.
Butcher & Sherrerd, 220 Real Estate Trust Bldg.
BACHE, J. S., & CO., Pennsylvania Bldg.
Flynn,
Bernard J., 46 No. 40th St.
Carstairs & Co., 1421 Chestnut St
Fox, Geo. S„ & Sons, 1600 Girard Trust Bldg.
Cherry, Robert, Jr., 113 So. Fifth St.
French,
E. W., & Co.. 123 S. Broad Street.
Baker, Weeks & Harden, 1421 Chestnut St.
Clark, E. W„ & Co., 16th and Locust St.
Fuller, W. A. M.. & Co., 1510 Chestnut Street.
Banks, Clayton F„ 123 So. Broad St.
Clark, Kenneth R.. 1500 Walnut St.
Barclay, Henry C., 123 So. Broad St.
Claybough, Blair & Co., Harrisburg, Pa
Gayley, McCreary & Co.. 817 Packard Bldg.
Barclay. Moore & Co., 123 S. Broad Street.
Clucas, (E. W.) & Co., 70 Pine St., New York,
Gilmore, Arthur C„ Provident Trust Bldg.
Bayuk Brothers, Packard Bldg.
Glendinning, Robt.. & Co., Packard Bldg.
N Y
Bean, Chas. H„ & Co., 1528 Walnut Street.
Conklin. Roscoe C, 518 Stock Exchange Bldg.
Goldman, Harold C„ 811 Stock Exchange Bldg.
Bernstein, Harry L., 518 Stock Exchange Bldg.
Dackerman & Waber. 517 Stock Exchange Bldg.
Graff, Frank M„ 1411 Walnut St.
Biddle & Co., Moncure, 1520 Locust Street.
Davis, Robert Hare, 824 Stock Exchange Bldg.
Greene, Norman J., Berwyn, Pa.
Biddle, Whelen & Co., 1606 Walnut St.
deCoursey, Stephen H„ 44 N. 4th St.
Greenwood, Herbert T„ 518 Stock Exchange Bldg.
Bioren, John S., 1508 Walnut Street.
DeHaven & Townsend. 1513 Walnut Street.
Greer, Thomas Raymond, Germantown Cricket
Diffenderffer & Co., 123 S. Broad Street.
Dixon, Fitz Eugene. 1421 Chestnut St.
Guarniery, Robert Y„ 518 Stock Exchange Bldg.
BIOREN & CO., 1508 Walnut Street.
Donoghue, Daniel C., Jr., 123 S. Broad St.
Hackett, W. N. & Co., 212 So. 15th St
Boenning & Co., 1606 Walnut Street.
Hammitt & Co., 602 Stock Exchange Bldg.
Brown, Howard B., 1616 Walnut Street.
DREXEL & CO., 15th and Walnut Streets.
Hamstrom & Co., 215 Real Estate Trust Bldg.
Brown (Vernon C.) & Co., 71 Broadway, New
Harper, James B„ Stock Exchange Bldg.
Drummon,
Chester
W.,
Stock
Exchange
Bldg.
York, N. Y.
Harrison & Co., 123 S. Broad Street.
Eastman, Dillon & Co., 1506 Walnut St.
Hauberger, George H.. 609 Stock Exchange Bldg.
Elkins, Morris & Co.. 305 Lana Title Bldg.
BROWN BROTHERS HARRIMAN & CO.,
Hecker
& Co., Liberty Trust Bldg.
Emblck, Paul A.. 518 Stock Exchange Bldg.
15.31 Walnut St.
Further Information ^m firms appearing in bold face type will be found in the selected list of Investment Dealers following bank list In each city.

IS

S$1!


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

=~ ” ”

teS
Kin

STOCK EXCHANGE MEMBERS

1699

PHILADELPHIA STOCK EXCHANGE—Continued
Hopper, Soliday & Co.. 1420 Walnut St.
Hornblower & Weeks. 1429 Walnut Street.
Huhn, John R., Jr., Stock Exchange Bldg.
Hutton & Co.. W. E.. 1529 Walnut St.
Janney, Walter C.. 1529 Walnut St.
Jefferis, W. Harper, 1518 Walnut St.
Jenks, Gwynne & Co., 65 Broadway, New York,
N. Y.
Jones, Miller & Co., Commercial Trust Bldg.
Kelly, James J., 1411 Walnut St.
Kennedy & Co., 2115 Land Title Bldg.
Kolb, Robert A., 1608 Walnut St.
Ladenburg, Thalmann & Co., 25 Broad St., New
York, N. Y.
Laird, Bissell & Meeds, 1528 Walnut 8treet.
Lawson, W. L., Union League.
Lee, John K„ 1411 Walnut St.
Lilley & Co., 1520 Packard Bldg.
Lippincott, Richard, 220 S. 16th St.
Loeb, Oscar, 824 Stock Exchange Bldg.
Louchheim, Walter C., 30 Pine St., New York,
N. Y.
MacDonald & Co., 234 Real Estate Trust Bldg.
MacMeekin & Co., 123 S. Broad Street.
Makiver, J. S. P., 1510 Chestnut St.
Malls, David S„ 805 Land Title Bldg.
Masland, Fernon & Anderson, Packard Bldg.
Matthes, Percy E., 305 Land Title Bldg.
Matthews, Caldwell F., 1411 Walnut St.
Matthews, Frank C., Stock Exchange Bldg.
McCreery, Samuel & Co., 123 S. Broad Street.
McCurdy, Wallace M., 1237 Commercial Trust
Bldg.
McLaughlin, Jr., William J., 1411 Walnut St.
Mellor E. Fraley, 518 Stock Exchange Bldg.
Montgomery, Scott & Co., 123 S. Broad Street.

MEMBERS
Moore, E. J., & Co., 141 South Fourth Street.
Moore, Leonard & Lynch, 111 Broadway, New
York.
Moorhead, Barlow, Germantown Cricket Club.
Morgan, Reed A., & Co., 1735 Commercial Trust
Bldg.
Moyer & Co., 1500 Walnut Street.
Newbold’s Son, W. H., & Co.. 1517 Locust Street.
Newburger, Loeb & Co., 1419 Walnut Street.
Nick, (J. F.) & Co., 120 Broadway, New York.
Niemond & Co., John S„ Harrisburg, Pa.
Palmer & Co., E. W„ Commercial Trust Bldg.
Parke, John S., 1513 Walnut St.
Parrish & Co., 1421 Chestnut St.
Pennington & Colket & Wisner, 123 S. Broad St.
Phillips, Samuel K„ & Co., 1317 Packard Bldg.
Pierce, E. A. & Co., Commercial Trust Bldg.
Powell, A Victor, 6205 Ocean Ave.,Ventnor, N. J.
Rakestraw, Betz & Co., 123 So. Broad St.
Rebre, Charles A., 403 Stock Exchange Bldg.
Ristine, F. P., & Co., 123 S. Broad Street.
Rosenbaum, Leon, 6803 N. 12th St.
Rourke, William J., Packard Bldg.
Rowe, Robert G„ 1429 Walnut St.
Sailer, A. J. & Co., 113 S. 5th Street.
Seeler & Co., 1510 Chestnut St.
Sloane & Co., Stock Exchange Bldg.
Smith, Barney & Co., 1411 Chestnut Street.
Smith, H. Russell, Harrisburg, Pa.
Smith, W. HInckle, Girard Trust Co. Bldg.
Snyder, Geo. E., & Co., 600-601 Stock Exchange
Bldg.
Snyder, R. Maurice, 1518 Locust St.
Sparks, J. W., & Co., 1510 Chestnut Street.
Spiegelman, Solomon B„ 518 Stock Exchange Bldg.
Starr & Co., 123 S. Broad Street.
Steppacher, Lester G., 403 Stock Exchange Bldg.

Strecker, Daniel E., 3451 Frankford Ave.
Sulzbacher, Granger & Co., Ill Broadway, New
York, N. Y.
Suplee, Jr., Horace L„ 123 S. Broad St.
Suplee, Walter S., 123 S. Broad St.
Sutro Bros. & Co., 120 Broadway, New York,
N. Y.
Swab, H. M„ 1529 Walnut St.
Tague, Jr., Edward J., 517 Stock Exchange Bldg.
Taylor, Robert D., Stock Exchange Bldg.
Taylor, Roland L., 1100 Morris Bldg.
Thomas, Edward R., 1411 Walnut St.
Thompson, Edward S., Land Title Bldg.
Townsend, W. De H„ 1513 Walnut St.
Trimble & Co., 1326 Walnut Street.
Turner, Gill & Crouter, 1614 Packard Bldg.
Turton, George L„ 517 Stock Exchange.
Vrooman, Samuel B., Jr., 1411 Walnut St.
Walsh, Frank C., 115 Broadway, New York.
Warwick. Arthur D., Stock Exchange Bldg.
Watson, Clifford A., 1529 Walnut St.
Weeks, Henry C., 1518 Locust St.
Wells, Charles C„ 609 Stock Exchange Bldg.
Wheeler & Co., 1100 Girard Trust Bldg.
Wieand, Jr., Franklin D., 1508 Walnut St.
Williamson, Jr., James A„ 123 S. Broad St.
Wilmer & Co., 123 S. Broad St.
Wistar, Carter & Co., 1735 Commercial Trust Bldg.
WOOD, A. C., JR., & CO., fill Chestnut St.
Wood, Charles M„ 1513 Walnut St.
Woodside, J. Alan, 403 Stock Exchange Bldg.
Wurts, C. S. & Co., 1327 Walnut Street.
Wurts, Dulles & Co., Philadelphia Bank Bldg.
Wyckoff, Edward G., 123 So. Broad Street.
Yarnall & Co.. 1528 Walnut Street.
York, Warren W., & Co.

PITTSBURGH STOCK EXCHANGE
Officers:

R. S. Richards, President;
F. X. Pfab, Asst. Secretary

(229 Fourth Ave.)
Marshall R. Barbour, Vice-President;
Arthur Middleton, Manager Clearing House;

Wm. J. Bauer, Treasurer;
Hugh A. McNicol, Secretary
W. G. Ganter, Assistant Manager Clearing House

RATES OF COMMISSION
{Effective on and after February 1, 1938)

The minimum rates of commission charged to nonmembers of the Exchange
for buying or selling each $1,000 bond shall be not less than $2.50 (these
commissions shall not apply to government, state or municipal bonds; for
buying or selling each share of stock, shall be not less than as follows:
Under $.50 a share____________________ _____________________ 3% *
At $.50 and under $1________________________________________ .03
From $1 to $1%__________________
.05
From $2 to $2%________
.06
From $3 to $3%_________
.07
From $4 to $4%______
.08
From $5 to $5%___________________________________________.09
From $6 to $6%_______________
.10
From $7 to $7%______________________________
.11
From $8 to $8%__________
12
From $9 to $9%___________________________________________.13
From $10 to $19%_______________________________
.14
From $20 to $29%___________________________________________.15
From $30 to $39%__ _______ ____________.•___________________.16
From $40 to $49%____________________________
.17
From $50 to $59%___________________________________________.18
From $60 to $69%___________________________________________.19
From $70 to $79%___________________________________________.20
From $80 to $89%___________________
.21
From $90 to $99%___________________________________________.22
For each additional $10 or fraction thereof______________________ .01
Additional

* 3% of the amount involved.
Askin, George K„ Union Trust Bldg.
Askin & Company, J. M., Columbia Bldg.
BACHE & CO., J. S., Oliver Bldg.
Ballard & Co., W. E., Keystone Bk. Bldg.
Barbour & Company, John B., Magee Bldg.
Bear & Co., S. Lee, Union Trust Bldg.
Berberich, Alvin F., Perrysville, Pa.
Berger, Andrew B., c/o Potter Title & Trust Co.
Borntraeger, Carl H., 229 Fourth Ave.
Bowman & Co., 704 People’s Bldg.
Brinham, A. L., 229 Fourth Ave.
Brlnker, Bell & Co., Union Trust Bldg.
Carothers & Company, James, Farmers Bank
Bldg.
Carothers & Co., W. J., 702 Commonwealth Bldg.
Chapin & Co., S. B., Ill Broadway, New York.
Chaplin & Co., 419 Wood St.
Crawford, Jas. S., Duquesne, Pa.
Diffenderfer, Fred, 229 Fourth Ave.
Diffenderfer, Wallace, 381 Union Trust Bldg.
Dinkey, Jr., Chas. E„ 229 Fourth Ave.
Dornberger & Co., C. S„ 229 4th Ave.
Eberhardt, M. A., 5709 Aylesboro Ave.
Edmundson, Jr., Eli, Columbia Bldg.
Evans, Sanford B., 229 Fourth Ave.
Fenner & Beane, 67 Broad St., New York, N. Y.
Foster, Bayard D., 5500 Dunmoyle St.
Giles, R. C., 229 Fourth Ave.
Gillespie, I. L„ 1727 Grant Bldg.
Glendinning & Co., Robt., Packard Bldg., Phila.
Gluck, Hetzel & Co., Arrott Bldg.
Goldsborough, T. C„ 1701 Union Bank, Bldg.
Grubbs, Scott Company, Union Trust Bldg.

Stocks selling at $50.00 and under $75.00...................................... ........175
Stocks selling at $75.00 and under $100.00................................ ...........20
Stocks selling at $100.00 and under $200.00......................................... .25
Stocks selling at $200.00, $0.15 per share additional, and for each advance
of $100.00 in the selling price, an additional $0.15 per share.
Non-member Commission Rates on Rights and Warrants; (Designated by
the Committee on Securities.)
Notwithstanding the foregoing, when the a’mount involved is less than $5,
the commission may be as mutually agreed; when the amount involved is
$5 or more but less than $50, the minimum commission shall be not less than
6% of such amount or $1, whichever is greater; and when the amount in­
volved is $50 or more, the minimum commission shall be not less than $3.
Notwithstanding the above rates, any member of this Exchange or firm
registered thereon, may in respect of securities traded on this and other
Exchanges located in the United States, charge the rates of commission
prescribed by such other Exchange.

MEMBERS
Hall, Cherry, Wheeler & Co., Rand Bldg., Buffalo,
N. Y.
Harriman, Henry A., 229 Fourth Ave.
Hays, Louis B„ 1001 Keystone Bank Bldg.
Hemphill, Noyes & Co., First National Bank Bldg.
Howley, Walter L., P. O. Box 988
Hubbard, John W„ 605 Granite Bldg.
Kalback, Charles D., Arrott Bldg.
Kane, John A., 229 Fourth Ave.
Kay, Richards & Company, Union Trust Bldg.
King, Jr., W. C., 1904 Commonwealth Bldg.
Kissane, James V., 229 Fourth Ave.
Loeb, Rhoades & Co., Carl M., Union Trust Bldg.
Marshall & Co., Commonwealth Bldg.
Masten & Company, A. E., First Nat’l Bank Bldg.
McCutcheon, W. A., Arrott Bldg.
McCutcheon, McKelvy & Durant, Union Trust
Bldg.
McJunkin, Patton & Company, 414 Union Bank
Bldg.
McKee & Co., C. S., 239 Fourth Ave.
McLaughlin, MacAfee & Co., 844 Oliver Bldg.
Mitchell & Craft, Washington, Pa.
Moore, Leonard & Lynch, Union Trust Bldg.
Moreland, A. M., Alder Court Apts.
Neeb, Jr., H. A., 340 S. Winebiddie Ave.
Neuhut, Plohn & Co., 60 Broad St., New York,
N. Y.
Nuttall & Company, R. V., Park Bldg.
Parrish & Company, Investment Bldg.
Phillips-Schmertz & Co., Union Trust Bldg.

Post & Flagg, 49 Broad St., New York, N. Y.
Poutre, Ezra E., Arrott Bldg.
Powell & Co., Elmer E., Union Trust Bldg.
Preston, Watt & Schoyer, Peoples Bldg.
Purman, Thomas R., Washington, Pa.
Reilly, Eugene S„ 430 Fourth Ave.
Reinstadtler, Thomas J., 229 Fourth Ave.
Reynolds & Company, Grant Bldg.
Roberts, Daniel Rlsher, 229 Fourth Ave.
Rosenbloom, Arthur M„ Union Trust Bldg.
Schmidt, H. R., c/o Kay, Richards & Co., Union
Trust Bldg.
Singer, Deane & Scribner, 1045 Union Trust Bldg.
Siviter, W. H., 229 Fourth Ave.
Smith, Lew W., 229 Fourth Ave.
Stein, Charles Jay, 1456 Inverness St.
Sterling, Louis V., 42 Broadway, New York, N. Y.
Stevenson, Vercoe, Fuller & Lorenz, Huntington
Bank Bldg., Columbus, Ohio.
Stimmel & Company, Union Trust Bldg.
Stout & Company, Investment Bldg.
Stubner & Co., C. J., 437 Union Trust Bldg.
Ullery, M. D„ 235 Fourth Ave.
Vercoe & Co., Huntington Nat’l Bank Bldg.,
Columbus, Ohio.
Wainwright & Co., H. C., 14 Wall St., New York,
N. Y.
Weed, Hall, Berndt & Co., 40 Wall St., New York,
N. Y.
Wettach & Company, 218 Fourth Ave.
Wettengel & Company, A. C„ Peoples Bank Bldg.
Wilson, Walter J., Penn Ave. and Barbeau St.
York, Darwin S„ 229 Fourth Ave.

Farther Information on firms appearing In bold face type will be found in the selected list of Investment Dealers following bank list in each city.


90
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

STOCK EXCHANGE MEMBERS

1700

UTAH
SALT LAKE CITY STOCK EXCHANGE

Tr

B. W. Dixon, 2nd Vice-President;
F. Russell Pett, 3rd Vice-President;
I. D Lowe, 1st Vice-President;
E. P. Emery, Actg. Secretary and Caller.
J. H. Demine Secretary and Treasurer;
COMMISSION CHARGED
$1 00 Der 1,000 shares
Stocks selline at 75c and under $1.00
.............. ......1)4 cent per share
Stocks selline under lc............. ........
.$1.25
per
1,000
shares
Stocks selline at $1 00 and under $10.00--------------- 1)4 per cent on money
Stocks selline at lc and under 5c—
.$2.50
per
1,000
shares
Stocks
selline
at
$10.00
and
above
...........................1
per cent on money
Stocks selline at 5c and under 10c-*
-- cent per share
■
On last 2 items, on less than board lots—..................... 2 per cent on money
.%
Stocks selline at 10c and under 35c.
No
commission
charee
of
less
than
One
Dollar.
_
_
1
cent
per
share
Stocks selline at 35c and under 75c.
MEMBERS
Romney, W. W., c/o Continental Bank & Trust Co.
Dixon Co.. B. W., Scott Bldg.
Allen, J. M„ Atlas Bide.
Snow, V. S„ 282 Canyon Road.
Doscher. H. W„ Walker Bank Bide.
Baelin, Georee, Felt Bide.
Ure, Pett & Morris, Inc., 21 East 2nd St.
Finn, Alex V., 25 Beaver St., New York, N. Y.
Badger, R. A. & Co., 16 West 2nd So. Street.
Thomas, A. Blake, 208 Lyon Bldg., Reno, Nev.
First
Security
Trust
Co.,
Salt
Lake
City.
Badeer, Richard C.t 2380 Washineton Ave.,
Van Voorhis, L. P. First Security Co., Ogden
Gibson, E. J., Box No 17, Spokane, Wash.
Oeden.
Walker Bk. & Tr. Co., Salt Lake City.
Havenor, Pett & Co., Newhouse Bldg.
Barclay, J. A., Newhouse Bldg.
Watson, Geo. H. & Co., 22)4 E. 1st So. St.
Hogle,
J.
A.
&
Co.,
132
So.
Main
Street.
Bemis, G. L., c/o Salt Lake Stock Exchange.
Gordon, Walker Bank Bldg.
Weggeland,
Hogle, James E., 132 So. Main St.
Berger, B. M., 67 Wall St., New York, N. Y.
Weiler, W. S., Stock Exchange Bldg.
Johnson, J. C., 132 S. Main St.
Bering, E. A., Walker Bank & Trust Co.
A.
J.
West,
First
Security Trust Co.
Knight, James W., 1956 Penobscot Bldg., Detroit,
Bryan, B. B„ 42 Broadway, New York, N. Y.
Whitney, C. L., Stock Exchange Bldg.
Mich.
W. H. CHILD, Inc. Exchange Bldg.
Woods,
Wm.
W.,
c/o E. A. Pierce & Co., 301
Larson, A. R., c/o Elks Club, Salt Lake City.
Montgomery St., San Francisco, Calif.
Cole, Allen Co.. Atlas Bldg.
Lowe, I. D., 132 S. Main St.
F.
R.,
Beason
Bldg.
Woolley,
Conrad, W. K., Walker Bank Bldg.
Lynch. J. C. & Co., Kearns Bldg.
Woolley, Robert P., 132 So. Main St.
McFann, R. G„ U. S. N. Bk. Bldg., Denver, Colo.
Continental Bank & Trust Co., Salt Lake City.
Zeitlin,
Ralph,
312
Bartlett
Bldg., Los Angeles
McLeod, J. N„ 1111 Walker Bk. Bldg.
Davies, Badger & Co., 23 W. 2nd So. St.
Calif.
Nebeker, W. D„ Stock Exchange Bldg._________
Deming, J. H., Felt Bldg., Salt Lake City.

Officers:

J. A. Barclay, President;

VIRGINIA
RICHMOND STOCK EXCHANGE
Officers:

Robert P. Martin, President;

Beverley B. Munford, Jr., Vice-President;
COMMISSIONS

J. Joseph May, Secretary and Treasurer

STOCKS
BONDS
Selling under 50c........ .......................... ..................................... °* ammmt
Selling at 50c and under $1.00 per share................................5c per share
Selling at $1.00 and under $5.00 per share............................ J)4c
Municipals, public utilities, and rails....... .......................... - 25c per hundred
Selling at $5.00 and under $10.00 per share...................... -10c
Selling at $10 and under $15 per share ..................-......... 12)4c per share
All
others............ ...........................-............................ .........50c
Selling at $15 and under $50.............................................. 25c
Selling at $50 and under $100........................................... $100
Selling at $100 and over...... ..................................-...........$2.00
MEMBERS
RICHMOND CORP., 726 E. Main Street.
Mason-Hagan, Inc., 916 E. Main Street.
Abbott, Proctor & Paine, 911 E. Main St.
Scott & Stringfellow, Mutual Bldg.
Miller & Patterson, 203 Mutual Bldg.
Standard Securities Corp., State Planters Bank
Branch, Cabell & Co., 814 E. Main St.
Bldg.
NOLTING, FRED’K E., INC., 8th and Main
Burch, Caskie G. & Company, 20 N. 9th St.
Williams, John C. & Company, 1107 E. Main St.
Sts.
Davenport & Company, 113 E. Main Street.

WASHINGTON
SEATTLE STOCK EXCHANGE

(302 Exchange Bldg.)
Edward K. Easter, Secretary;
Sherman Ellsworth, Vice-President;
Charles G. Mullen, President;
Charles T. Donworth, Counsel.
Louis Klatzker, Executive Secretary;
Lyle F. Wilson, Treasurer;
RATES OF COMMISSION (In effect: October 14, 1935)
BOARD LOT
In effect October 14,1935
MINIMUM RATES OF COMMISSION
100 shares up to $10.00
On Stocks Selling:
_
25 shares for $10.00 to $100.00
Under $1.00 per share.................. ....................................................
10 shares over $100.00
At $1.00 and under $2.50 per share................................................7^c
The minimum commission charge shall be $2.50 on stock selling under
At $2.50 and under $5.00 per share..........................................
12)4C
$10.00
per
share,
and
$5.00
on stock selling over $10.00 per share
At $5.00 and under $15.00 per share.............
15c
On all transactions where the total amount of money Involved is less than
At $15.00 and under $35.00 per share..............
25c
$25
00,
the
commission
charge
shall be discretionary with the member.
At $35.00 and under $50.00 per share............................................ 25c
BONDS
At $50.00 and under $100.00 per share.......... ......... .................... 50c
$5.00
per
$1,000
par value (regardless of number)
At $100.00 and up per share...................... -....................................$i.oo
$3.75
per
$500 par value
(5c per share more for odd lots)
MEMBERS
McConahey C. D.. American Bank Bldg.
Grande and Co., Hoge Bldg.
Bissell, M. L„ 335 Medical Arts Bldg.
McConahey, Inc., C. D., American Bank Bldg.
Green, John A., 1414 Fourth Ave.
Blackford, J. C., Hoge Bldg.
Meiklejohn & Brown. Smith Tower.
Harper
&
Son
Co.,
Wm.
P„
Harper
Bldg.
Bramhall & Stein, Hoge Bldg.
Moore, Robert B„ Exchange Bldg.
Hartman, Dwight H., Empire Bldg.
Bramhall, Burle D., Hoge Bldg.
Mullen, Chas. G., Exchange Bldg.
Hawkins,
R.
M.,
Central
Bldg.
Brown, Ralph D., Smith Tower.
Herrin & Co., H. M., Exchange Bldg.
Northern Securities Co., 615 Boren Ave.
Crawford-Goodwin Co. ,The, 1411 Fourth Ave. Bldg.
Hughbanks,
Al.,
Dexter-Horton
Bldg.
Oakes, Prescott, 1411 Fourth Ave. Bldg.
Davis & Co., 1419—4th Ave.
Hughbanks, Inc., Dexter Horton Bldg.
Oakes & Co., Prescott, 1411-4th Avenue Bldg.
Daniel, Robert E., Exchange Bldg.
Huston, Harold H., Hoge Bldg.
Davis, J. Vernon, 1419-Fourth Ave.
Peoples National Bank, 1414-4th Ave.
Huston & Co.. Harold H., Hoge Bldg.
Drumheller, Erlichman Co., Exchange Bldg.
Perkins, Wm. T., 615 Boren Ave.
Kutz, John A., 1010-2nd Ave.
Easter, Ed. K., 717 Second Ave.
Pratt, H. P., Hoge Bldg.
Kutz & Co., John A., 1010 Second Ave.
Easter & Co., F. K„ 717 Second Ave.
Pratt & Co.. H. P., Hoge Bldg.
Latimer,
Arthur
G.,
Dexter-Horton
Bldg.
Ehrlichman, Ben B„ Exchange Bldg.
Securities Exchange, Inc., 335 Medical Arts Bldg.
Latimer & Co., A. G., Dexter Horton Bldg.
Ellsworth, Sherman, Harper Bldg.
Smith, Hedley M., Vancouver, B. C.
Lewis, Inc., John R., 1012 Second Ave.
Ferris & Hardgrove, Exchange Bldg.
Speckert, F. J., Lowman Bldg.
Lewis, John R., 1012-2nd Ave.
Gelletly & Co., R., 655 W. Pender St., Vancouver,
Speckert & Co., F. J., Lowman Bldg.
Lockett,
G.,
4736-45th
S.
W.
B C
Strout,
E. A., 1411-4th Ave. Bldg.
Locxett & Co., G., 4736 45th St., S. W.
Gibson’, E. J., 5 Wall St., Spokane, Wash.
Strout & Co., E. A., 1411 Fourth Ave. Bldg.
Logan & Bryan, 42 Broadway, New York City.
Gibson & Co.. E. J., 5 Wall St., Spokane.
Trusteed
Estates of Wash., Central Bldg.
MacDonald, Alexander, 104 Aloha St.
Goodwin, E. C„ 1411-4th Ave. Bldg.
Wilson, Lyle F., Exchange Bldg.
McBurney, J. F„ 42 Broadway, New York City.
Grande, Harry S., Hoge Bldg.
Officers:

WEST VIRGINIA
WHEELING STOCK EXCHANGE

(318 Wheeling Steel Bldg.)
Russell D. Irvine, Vice-President;
C. M. Frye, Secretary-Treasurer
COMMISSION RATES
Price
Wheeling Stock Exchange
Rate per Share
Selling up to 34% inc.......................................................... . 25c per share
Selling at 35 up to 99% inc...................-..........................--Per share
gelling at $100 and at)0V6_ _ _ _
____ __ __$ 1.00 per snare
Minimum commission on any transaction $3.00, except where amount involved shall be less than $10.00 when it shall be as mutually agreed upon.
Commission: In cases where stocks are listed on both Wheeling Stock Exchange and New York Stock Exchange, the minimum rate o
commission may be the minimum commission charged on New York Stock Exchange.
MEMBERS OF WHEELING STOCK EXCHANGE
Flrms
Represented by
HAZLETT & BURT, Wheeling Steel Corp. Bldg.................................H. C. Hazlett; D. A. Burt
Geo. W. Baron & Co., Wheeling Steel Corp. Bldg......................................-.............. Wm. H. Wheeler
A. E. Masten & Co., Central Union Bldg.................................. -----------........ dLou1,?
Brand
McGregor, Irvine & Anderson, 13th & Chapline St.-.-..............Edgar R. McGregor; Russell D. Irvine
Officers: Wm H. Wheeler, President

Farther Information on firms appearing In bold face type will be found in the selected list of Investment Dealers following bank list In each city


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis