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INVESTMENT BANKERS ASSOCIATION OF AMERICA
BOARD OF GOVERNORS
Hayden, Miller and Company
Vi c e
Cleveland
p r e s id e n t s
J ohn Clifford F olger
Folger, Nolan & Co., Inc.
E dward H. H illiard
J. J. B. Hilliard & Son
governors
GOVERNORS
PRESIDENT
J ohn S. F leek
Washington
_ i
Louisville
J ohn K. Starkweather
New York
Starkweather & Co.
J ohn O. Stubbs
Boston
Whiting, Weeks & Stubbs, Incorporated
Chicago
Bacon, Whipple & Co.
J ay N. W hipple
EXECUTIVE
SECRETARY AND TREASURER
Alden H. L ittle
Chicago
33 South Clark Street
GOVERNORS
H arcourt Amort
Boston
William A. B arron, J r .
Boston
F rederic J. B lanchett
Seattle
Smith, Barney & Co.
White, Weld & Co.
Conrad, Brucé & Co.
J ohn E. B lunt , 3 rd
t
Chicago
Lee Higginson Corporation
Vic E. B reeden '
San Francisco
R. H. Moulton & Company
E rrol E. B uckner
New Orleans
The National Bank of Commerce in New Orleans
R. Verne M itchellCleveland
: San Francisco
McDonald-CooIidge & Co.
American Trust Company
R alph C hapman
Chicago
F rederic P. M ullins
Pittsburgh
Farwell, Chapman & Co.
A. E . Masten & Company
J ulien H. C ollins
Chicago
D onald O’M elveny
L os Angeles
Harris, Hall & Company
O’Melveny-Wagenseller & Durst
E mmett F. C onnely
' Detroit
J ames F. Q uigg
St. Louis
First of Michigan Corporation
;
Mississippi Valley Trust Co.
B rownlee O. C urrey
Nashville
H arvey R onéy
L os Angeles
Equitable Securities Corporation
Merrill Lynch, Pierce, Fenner & Beane
R ush S. D ickson
Charlotte
R. S. Dickson & Company
R obert G. R owe
Philadelphia
H enry H .E gly
NewYork
Stroud & Company, Inc.
Dillon, Read & Co.
B urdick Simons
Denver
Sidlo, Simons, Roberts & Co.
L loyd S. G ilmour
,
New York
Eastman, Dillon & Co.
W. O. Skillman _
- _
Dallas
W illiam H. Y. H ackett
Boston
First National Bank in Dallas,
Tucker, Anthony & Co.
F. K enneth Stephenson
* New York
G eorge C. H annahs
NewYork
Goldman, Sachs & Co.
Hannahs, Baffin & Lee
P ercy M. Stewart
New York
R obert B. H obbs
Baltimore
Kuhn, Loeb & Co.
W. W. Lanahan & Co.
R. M cL ean Stewart
• ,
New York
C. E dgar H onnold
Oklahoma City
Harriman Ripley & Co., Incorporated
C- Edgar Honnold
W inthrop E. Sullivan
Chicago
I. A. L ong
St.Louis
The First Boston Corporation
Mercantile-Commerce Bank and Trust Company
L owry Sweney
Columbus
J ohn S. L oomis
,
Chicago
Lowry Sweney, Inc.
The Illinois Company of Chicago
Albert R. T hayer
Philadelphia
P aul W. L oudon
Minneapolis
Thayer, Baker & Co.
Piper, Jaffray & Hopwood
J ohn W. W atling
Detroit
B ennett S. M artin
> ,
Lincoln
Watling,
Lerchen & Co.
The First Trust Company of Lincoln
R
obert M. W illiams
Spokane
J ohn J. M c K eon
New Haven
Murphey, Favre & Co.
Chas. W. Scranton & Co,
J ohn M. Y oung
New York
D onald I. M cL eod
Toronto
Morgan
Stanley & Co. Incorporated
McLeod, Young, Weir & Co., Ltd.
D wight W. C hapman
APPOINTED OFFICERS AND COUNSEL
ASSISTANT SECRETARY
EDUCATIONAL DIRECTOR
FIELD SECRETARY
Chicago
Arthur G. D avis
33 South Clark Street
Chicago
D avid D illman
33 South Clark Street
Chicago
M ary R . L incoln
33 South Clark Street
SECRETARY
Chicago
Robert Stevenson , 3 rd
33 South Clark Street
OFFICE COUNSEL
Chapman
and
MUNICIPAL SECRETARY
D udley C. Smith
Chicago
G eorge J. D robnis
Chicago
C utler
111 West Monroe Street
OFFICIAL REPORTER
Chicago
33 South Clark Street
69 West Washington Street
GROUP CHAIRMEN
CALIFORNIA
H arry B. W yeth , J r .
Wyeth & Co.
MISSISSIPPI VALLEY
Los Angeles
CANADIAN
R. E. H aldenby
Montreal
Dominion Securities Corporation, Limited
The Illinois Company of Chicago
Chicago
EASTERN PENNSYLVANIA
Philadelphia
Drexel & Co.
E dward H opkinso.n , J r .
J ohn G. F lint
L aurence M. M arks
Laurence M. Marks & Co.
NORTHERN OHIO
W. Y ost F ulton
Maynard H. Murch & Co.
Detroit
Charles A. Parcells & Co.
R ichard C. C hrisler
Field, Richards & Co.
Boston
Harold E. Wood & Company
St. Paul
F . M . B lankenship
Scott & Strongfellow
SOUTHERN
New Orleans
The National Bank of Commerce
E rrol E . B uckner
Clevelánd
D orman H. O’L eary
Cincinnati
J udson S. J ames
SOUTHWESTERN
Blankenship & Gould, Inc.1 -
Portland
Richmond
E dward C. A nderson
New York
PACIFIC NORTHWEST
MINNESOTA
RÔCKŸ MOUNTAIN
Denver
Bosworth, Chanute, Loüghridge & Company
D udley F. B aker
SOUTHEASTERN
NEW ENGLAND
Kidder, Peabody & Co.
OHIO VALLEY
MICHIGAN
Charles A. P arcells
H arold E. W ood
G. H. Walker & Co.
NEW YORK
CENTRAL STATES
J ohn S. L oomis
St. Louis
E . K enneth H agemann
Stern Brothers & Co.
Kansas City
TEXAS
Dallas
James, Stayart & Davis, Inc.
WESTERN PENNSYLVANIA
Pittsburgh
Mellon Securities Corporation
H ugh D. M acB ain
NATIONAL COMMITTEE CHAIRMEN
Lowry
ADMINISTRATIVE REVIEW
Sweney
Columbus
Lowry Sweney, Inc.
BANK INVESTMENT REGULATIONS
Baltimore
W. W. Lanahan & Co.
R obert B. H obbs
I
EDUCATION
<■
Bacon, Whipple & Co.
J ay N. W hipple
Alex. Brown & Sons ■
■
R alph Chapman
FINANCE
Farwell, Chapman & Co.
Baltimore
New York
Schroeder , Rockefeller & Co., Inc.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
INDUSTRIAL SECURITIES
H . E gly
New York
Dillon, Read & Co.
Chicago
Hayden, Miller and Company
Cleveland
PUBLIC SERVICE SECURITIES'
Boston
Coffin & Burr Incorporated
Albert T. A rmitage
RAILROAD SECURITIES
.
Chicago
The Illinois-Company of Chicago
J ohn S. L oomis
INVESTMENT COMPANIES
New York
Calvin Bullock
MEMBERSHIP
Chicago
FOREIGN SECURITIES
Gerald E. D onovan
Minneapolis
Piper, Jaffray & Hopwóod
H ugh B ullock
FEDERAL TAXATION
rules
,
Lee Higginson Corporation
J ohn S. F leek
P aul W. L oudon
H enry
OVER-THE-COUNTER
J ohn E. B lunt , I I I 1
PUBLIC INFORMATION
GROUP CHAIRMEN’S
Chicago
FEDERAL LEGISLATION
J ohn K. Starkweather
New York
Starkweather & Co. .
William J. P rice , 3rd
GOVERNMENTAL SECURITIES
R obert H. C raft
New York
1 Guaranty Trust Company, of New York
J ulien H. C ollins
Harris, Hall & Company
Chicago
MUNICIPAL SECURITIES
_■
.Nashville
Webster & Gibson
R obert C. W ebster
1943
SECURITIES ACTS
R. M cL ean Stewart '
New York
Harriman Ripley & Co., Incorporated
STATE LEGISLATION
M ark B axter
The Parker Corporation
Chicago
STOCK EXCHANGE RELATIONS
New York
; Dominick & Dominick
-
R anald H. M acdonald
MEMBERSHIP OF THE INVESTMENT BANKERS ASSOCIATION OF AMERICA
1944
ALABAMA
Southern Group
BIRMINGHAM
♦Courts & Co., 12 N. 20th St.
♦Equitable Securities Corporation, First National
Bldg.
King, Mohr & Company, First National Bldg.
♦Milhous, Gaines & Mayes, Inc., First National
Bldg.
Stubbs, Smith & Lombardo, Inc., F irst National
Bldg.
Ward, Sterne, Agee & Leach, First National Bldg.
Watkins, Morrow & Co., Woodward Bldg.
MbNTGOMERY
♦King, Mohr & Company, First National Bank
Bldg.
♦Ward, Sterne, Agee & Leach, First National Bank
Bldg.
ARIZONA
Rocky M ountain Group
PHOENIX
Refsnes, Ely, Beck & Co., 112 W. Adams St.
TUCSON
Dahlberg, Durand & Company, 17 E. Pennington
St.
.
ARKANSAS
M ississippi Valley Group
LITTLE ROCK
Walton, Sullivan & Co.. 509 Louisiana St.
CALIFORNIA
California Group
BEVERLY HILLS
♦Bankamerica Company, 9437 Santa Monica
Bldg.
Blyth & Co., Inc., 9470 Santa Monica Blvd.
♦Fewell, Marache & Co., 9405 Brighton Way
♦Lester & Co., 9470 Santa Monica Blvd.
♦Schwabacher & Co., 9520 Santa Monica Blvd.
♦Witter & Co., Dean. 9474 Santa Monica Blvd.
♦Wyeth & Co., 9490 Santa Monica Blvd.
DEL MONTE
♦Schwabacher & Co., Hotel Del Monte.
EUREKA
•Blyth & Co., Inc., 330 E St.
FRESNO
♦Bankamerica Company, Bank of America Bldg.
Blyth & Co., InC., 405 Rowell Bldg.
♦Witter & Co., Dean, 2016 Tulare St.
District Bond Company, 639 S. Spring St.
Douglass & Co., Nelson, 510 S. Spring St.
Fewell. Marache & Co., 453 S. Spring St.
Hill Richards & Co., operating agreement with
Page, Hubbard & Asche, 621 S. Spring St.
Hogle & Co., J. A., 532 W. Sixth St.
Lester & Co., 621 S. Spring St.
♦Lord, Abbett & Co., Inc., 210 W. Seventh St.
♦Massachusetts Distributors, Inc., 210 W. Seventh
St.
M
♦Merrill Lynch, Pierce, Fenner & Beane, 523 W.
Sixth St.
Miller & Co., Revel, 650 S. Spring St.
♦Mitchum, Tully & Co., 650 S. Spring St.
Moulton & Company, R. H., 510 S. Spring St.
O’Melveny-Wagenseller & Durst, 626 S. Spring
St.
,
Pacific Company of California, 623 S. Hope St.
♦Parker Corporation, The, 210 W. Seventh St.
Rath Company, Howard G., 523 W. Sixth St.
Redfield & Co., 510 S. Spring St.
♦Schwabacher & Co., 515 W. Sixth St.
Searl-Merrick Company, 634 S. Spring St.
Security-First National Bank of iios Angeles,
561 S. Spring St.
Staats Co., William R., 640 S. Spring St.
Stern, Frank & Meyer, Union Bank Bldg.
♦Weeden & Co.. 650 S. Spring St.
♦Witter & Co., Dean, 632 S. Spring St.
(additional office at 650 S. Spring St.)
Wyeth & Co., 647 Spring St.
OAKLAND
♦American Trust Company, 14th St. & Broadway
♦Baker & Co., H. R., Central Bank Bldg.
♦Bankamerica Company, 1200 Broadway
♦Blyth & Co., Inc., Central Bank Bldg.
♦Brush, Slocumb & Co., 1212 Broadway
♦Hill Richards & Co., Bank of America Bldg.
Mason Brothers, Central Bank Bldg.
♦Schwabacher & Co., Central Bank Bldg.
Stephenson, Leydecker & Co., 1404 Franklin St.
♦Witter & Co., Dean, 417 Fourteenth St.
PASADENA
♦Bankamerica Company, 243 E. Colorado St.
♦Bateman, Eichler & Co., 42 N. Garfield Ave.
♦Blyth & Co., Inc., 234 E. Colorado St.
♦Hill Richards & Co., Citizens Savings Bank Bldg.
♦Lester & Co., 234 E. Colorado St.
Miller & Co., Inc., Geo. R., 81 S. Euclid Ave.
•Mitchum, Tully & Co., First Trust Bldg.
♦Staats Co., William R., Security Bldg.
♦Witter & Co., Dean, 355 E. Green St.
♦Wyeth & Co., 45 S. Euclid Ave.
RIVERSIDE
♦Lester & Co., Citizens National Bank Bldg.
♦Pacific Company of California, 3760 Ninth St.
SACRAMENTO
♦Bankamerica Company, Bank of America Bldg.
♦Blyth & Co., Inc., California Western States Life
Bldg.
♦Conrad, Bruce & Co., Financial Bldg.
♦Mason Brothers, Financial Bldg.
♦Mitchum, Tully & Co., California Western States
Life Bldg.
♦Witter & Co., Dean, 924 J St.
GLENDALE
♦Searl-Merrick Company, 107 E. Broadway.
HOLLYWOOD
♦Schwabacher & Co., 6361 Hollywood Blvd.
LAGUNA BEACH
♦Witter & Co., Dean, 533 Coast Blvd., South
LONG BEACH
♦Bankamerica Company, Security Bldg.
♦Bayly Brothers, 132 Pine Ave.
•Crowell, Weedon & Co., Farmers & Merchants
Bank Bldg.
♦District Bond Company, Heartwell Bldg.
♦Hill Richards & Co., Farmers & Merchants Bank
Bldg.
♦Lester & Co., Security Bldg.
♦Merrill Lynch, Pierce, Fenner & Beane, Security
Bldg.
♦Mitchum, Tully & Co., Heartwell Bldg.
•Pacific Company of California, Security Bldg.
•Witter & Co., Dean, 133 E. First St.
LOS ANGELES
•Bankamerica Company, 650 S. Spring St.
Bateman, Eichler & Co.. 453 S. Spring St.
Bayly Brothers, Roosevelt Bldg.
♦Blyth & Co.. Inc., 215 W. Sixth St.
Brashears & Company, G., 510 S. Spring St.
•Bullock, Calvin, 634 S. Spring St.
Butler-Huff & Co., of California, 210 W. Seventh
St.
California Bank, 629 S. Spring St.
Cavanaugh, Morgan & Co., 634 S. Spring St.
♦Conrad, Bruce & Co., 530 W. Sixth St.
Crowell, Weedon & Co., 650 S. Spring. St.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
SAN DIEGO
♦Bankamerica Company, 625 Broadway
♦Blyth & Co., InC., Bank of America Bldg.
♦Fewell, Marache & Co., San Diego Trust &
Savings Bldg.
♦Hill Richards & Co., Bank of America Bldg.
♦Merrill Lynch, Pierce, Fenner & Beane, San
Diego Trust & Savings Bldg.
♦Searl-Merrick Company, San Diego Trust &
Savings Bldg.
♦Witter & Co., Dean, First National Bank Bldg.
♦Wyeth & Co., 530 Broadway.
SAN FRANCISCO
American Trust Company, 464 California St.
Anglo California National Bank of San Francisco,
The, 1 Sansome SiBaker & Co., H. R., Russ Bldg.
Bankamerica Company, 300 Montgomery St.
Bank of America, N. T. & S. A., 300 Montgomery
St.
♦Blair Securities Corporation, Russ Bldg.
Blyth & Co., Inc., Russ Bldg.
Lundborg & Co., Irving, Kohl Bldg.
♦Mason Brothers, Russ Bldg.
♦Merrill Lynch, Pierce, Fenner & Beane, 221
Montgomery St.
Mitchum, Tully & Co., 405 Montgomery St.
♦Moulton & Company JR. H., 405 Montgomery St.
♦Rollins & Sons Inc., E. H., 235 Montgomery St.
Schwabacher & Co.. 600 Market St.
♦Staats Co., William R.. 155 Montgomery St.
♦Stephenson, Leydecker & Co., Mills Bldg.
Stone & Youngberg, Russ Bldg.
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.
♦Hill Richards & Co., First National Bank Bldg.
♦Mason Brothers. Bank of America Bldg.
SANTA ANA
♦Lester & Co., First National Bank Bldg.
♦Witter & Co., Dean., 516 N. Main St.
SANTA BARBARA
♦Schwabacher & Co., 930 State St.
♦Witter & Co., Dean, 4 E. Carrillo St.
SANTA MONICA
♦Schwabacher & Co., 828 California St.
STOCKTON
•W itter & Co., Dean, 18 S. Sutter St.
COLORADO
Rocky Mountain Group
COLORADO SPRINGS
Hughes and Company, E. W., Exchange National
Bank Bldg.
DENVER
Boettcher and Company, 828 Seventeenth St.
Bosworth, Chanute, Loughridge & Company,
Security Bldg.
.. „ . . . .
,
Brown & Company, Donald F., U. S. National
Bank Bldg. (Inactive for duration of war).
Brown, Schlessman, Owen & Company, 740
Seventeenth St.
.„ ,
.
♦Bullock, Calvin, Colorado National Bank Bldg.
Coughlin and Company, Security Bldg.
•
Engle, Adams & Company, 1783 Grape St. (In
active for duration of war).
International Trust Company, The, 635
Seventeenth St.
tea
_
Mullen Investment Company, T h eJ. K., 1717
Stout St.
,„ ,
.
♦Otis & Co., First National Bank Bldg.
,
Peters, Writer & Christensen, Inc., U. S. National
Bank Bldg.
Z >' i
.
♦Rollins & Sons Inc., E. H„ Security Bldg.
Scanlan & Co., Earl M„ Colorado Natl. Bk. Bldg.
Sidlo, Simons, Roberts & Co., First National
Bank Bldg.
_
Sullivan & Company, Security Bldg.
CONNECTICUT
New York Group
BRIDGEPORT
Bull & Company, Inc., W. R., 207 State St.
♦Kidder & Co., A. M., 940 Broad St.
♦Trask & Co., Spencer, 872 Main St.
(Executive Offices—¿San Francisco, New York).
Brush, Slocumb & Co., I l l Sutter St.
Conrad, Bruce & Co., Russ Bldg.
Crocker First National Bank, 1 Montgomery St.
Davis, Skaggs & Co.. 211 Montgomery St.
♦Devine & Co., C. J., Russ Bldg.
Elworthy & Co., I l l Sutter St.
♦First Boston Corporation, The, Russ Bldg.
Heller, Bruce & Co., Mills Tower
♦Hill Richards & Co., 79 Post St.
Kaiser & Co.. Russ Bldg.
♦BRANCH OFFICE
GREENWICH
♦duPont & Co. (Francis I.), .Chateau Lafayette.
HARTFORD
♦Blair & Co., Inc., 36 Pearl St.
♦Bodell & Co- Inc., <15 Lewis St.
MEMBERSHIP OF THE INVESTMENT BANKERS ASSOCIATION OF AMERICA
HARTFORD—Continued.
♦Coffin & Burr, Incorporated, 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.
•Kidder. Peabody & Co., 36 Pearl St.
•Lee Higginson Corporation, 36 Pearl St
♦Paine, Webber, Jackson & Curtis, 49 Pearl St.
Putnam & Co., 6 Central Row
♦Riter & Co., 75 Pearl St.
♦Smith, Barney & Co., Hartford-Aetna Bldg.
•Stone & Webster and Blodget, Inc.. 36 Pearl St.
♦Trask & Co., Spencer, 49 Pearl St.
•Union Securities Corporation, 75 Pearl St.
Young & Company, Lincoln R., 750 Main St.
MERIDEN
•Kidder & Co., A. M., 30 Colony St.
ORLANDO
Leedy, Wheeler & Co., 1 N. Orange Ave.
PALM BEACH
Carlberg & Cook, Inc., First National Bank Bldg.
ST. PETERSBURG
Wright & Company, Ed. C., 29 Third St., N.
TAMPA
Arries & Company, D. E., 415 Tampa St.
Kuhn, Morgan & Co., Inc., First National Bank
Bldg.
NEW BRITAIN
•Putnam & Co., 31 W. Main St.
NEW HAVEN
♦Bodell & Co., Inc., 205 Church St.
Bradley & Co., Inc., Edward M., 215 Church St.
♦Bull & Company, Inc., W. R., 157 Church St.
•Day & Co., R. L„ 215 Church St.
•Fahnestock & Co., 205 Church St.
♦Paine, Webber, Jackson & Curtis, 104 Elm St.
Scranton & Co., Chas. W„ 209 Church St.
NEW LONDON
•Scranton & Co., Chas. W., 302 State St.
TORRINGTON
♦Fahnestock & Co., 127 Main St.
WATERBURY
•Scranton & Co., Chas. W., 170 Grand St.
GEORGIA
Southern Group
ATLANTA
Courts & Co., 11 Marietta St.,
♦Equitable Securities Corporation, First National
Bank Bldg.
Evans & Company, Incorporated, Clement A.,
First National Bank Bldg.
Hilsman & Co., Inc., J. H., Citizens & Southern
Bldg.
•Johnson, Lane, Space & Co., Inc.-, Citizens &
Southern Bldg.
Milhous, Gaines & Mayes, Inc., Rhodes Haverty
Bldg.
",
Robinson-Humphrey 'Company, The, Rhodes
Haverty Bldg.
♦Starkweather & Co., First National Bank Bldg.
Trust Company of Georgia, 15 N. Pryor St., N. E.
AUGUSTA
♦Evans & Company, Incorporated, Clement A.,
Marion Bldg.
•Johnson, Lane; Space & Co., Inc., Herald Bldg.
DELAWARE
Eastern Pennsylvania Group
WILMINGTON
♦duPont & Co. (Francis I.), duPont Bldg.
•Rollins & Sons Inc., E. H., Delaware Trust Bldg.
MACON
♦Evans & Company, Incorporated, Clement A.,
First National Bank Bldg.
DISTRICT OF COLUMBIA
SAVANNAH
Johnson, Lane, Space .& Co.. Inc., 101 E. Bay St.
Southeastern Group
WASHINGTON
Auchincloss, 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.
Ferris Exnicios & Co.; Inc., 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 & Coe, Woodward Bldg.
♦Merrill Lynch, Pierce, Fenner & Beane, 815
„ Fifteenth St., N. W.
Robinson, Rohrbaugh & Lukens, Union Trust
Bldg.
•Stein Bros. & Boyce, Woodward Bldg.
Waggaman, Brawner & Co., Inc., 1700 Eye St.,
N. W.
Wales & Company, Inc., K. S., 815 Fifteenth St.,
N. W. (Inactive for duration of war).
♦White & Company, Inc., J. G., 719 Fifteenth
St., N. W.
FLORIDA
IDAHO
Pacific Northwest Group
BOISE
Sudler, Wegener & Co., Inc., First National Bldg.
ILLINOIS
Central States Group
AURORA
•Allyn and Company, Inc., A. C», Merchants
National Bank Bldg
Wortman & Co., G. R., Aurora National Bank
Bldg.
MIAMI
Morrison & Co., A. B., Congress Bldg.
Nuveen & Co., John, Ingrahm Bldg.
Ranson-Davidson Co., Inc., The, Shoreland
. Ar ca d e Bldg.
Van Ingen & Co., Inc., B. J., First National Bldg.
MIAMI BEACH
Atwill and Co., 605 Lincoln Rd.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Baker, Walsh & Company, 29 S. La Salle St.
Ballman & Main, 105 W. Adams St.
Barcus, Kindred & Co., 231 S. La Salle St.
♦Bear, Stearns & Co., 9 S. La Salle St.
Becker & Co., Incorporated, A. G., 120 S. La Salle
St. (Executive Offices— Chicago, New York)
Blair, Bonner & Company, 135 S. La Salle St.
*Blair Securities Corporation, 135 S. La Salle St.
(Subsidiary of Blair & Co,, Inc., New York )
•Blyth & Co., Inc., 135 S. La Salle St.
♦Boettcher and Company, 135 S. La Salle St.
•Braun, Bosworth & Company, 39 S. La Salle St.
•Bullock, Calvin, 120 S. La SaÙe St.
Byllesby and Company, H. M., 135 S. La Salle
St.
Central Republic Company, (Incorporated), 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.
i Continental Illinois National Bank and Trust
Company of Chicago, 231 S. La Salle St.
Davis & Co., Paul H., 10 S. La Salle St.
Dempsey-Detmer & Co., 135 S. La Salle St.
♦Devine & Co., 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.
Enyart, Van Camp & Co., Inc., 100 W. Monroe St.
♦Fahnestock & Co., 135 S. La Salle St.
Fairman & Co., Fred W., 208 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, Dearborn,
Monroe & Clark Sts.
Fuller, Cruttenden & Company, 209 S. La Salle St.
Gibson & Co., W. C.. 231 S. La Salle St,
♦Glore, Forgan & Co.. 135 S. La Salle St.
(.Executive Offices— Chicago, New . York).
•Goldman, Sachs & Co., 208 S. Là Salle St.
♦Goodbody & Co., 105 W. Adams St.
•Hallgarten A Co., 231 S. La Salle St.
•Harriman Ripley & Co., Incorporated, 135 S.
La Salle St.
Harris, Hall & Company, 111 W. Monroe St.
Harris Trust and Savings Bank, 115 W. Monroe
St.
Hafrison & Co., Carter H., 209 S. La Salle St.
♦Hemphill, Noyes. & Co., 231 S. La Salle St.
Hickey & Co., 135 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. La Salle
St.
Kebbon, McCormick, 231 S. La Salle St.
•Kidder, Peabody & Co., 135 S. La Salle St.
♦Lee Higginson Corporation, 231 S. La Salle St.
•Lehman Brothers, 231 S. La Salle Si.
Martin, Burns & Corbett, Inc., 135 S. LaSalle St.
•Massachusetts Distributors, Inc., 120 S. La Salle
St.
Mather & Company, Morris, 141 W. Jackson
Blvd.
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. (See Washburne, Hemp
stead, Correspondent,),
♦Merrill, Lynch, Pierce, Fenner & Beane, 141 W.
JacKson Blvd.
•Milwaukee Company, The, 135 S. La Salle St.
Mitchell, Hutchins & Co., 231 S. La Salle St.
Morris & Company, ine., Charles K., 135 S.
La Salle St.
•Moseley & Co., F. S.. 135 S, La Salle St.
Northern Trust Company, The, 50 S. La Salle St.
Nuveen & Co., John, 135 S. La Salle St.
O’Gara & Co.. Alfred, 209 S. La Salle St.
♦Otis & Co.. 135 S. La Salle St.
♦Paine, Webber, Jackson & Curtis, 209 S. La Salle
St. .
♦Parker Corporation, The, 120 S. La Salle St.
Richardson & Co., D. T., 7238 Quick St. (River
Forest). (Inactive for duration of war).
•Riter & Co . 134 S. La Salle St.
Rogers & Tracy, Inc., 120 S. La Salle St.
♦Rollins & Sons Inc., E. H., 231 S. La Salle St.
Ryan-Nichols & Co., 105 S. La Salle St. ;
•Salomon Bros. & Hutzler, 231 S. La Salle St.
Selected Investments Company, 135 Si LaSalle St.
♦Shields & Company, 135 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.
♦Stifel, Nicolàus & 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, 185 S. La Salle St.
♦Washburne, Hempstead, 135 S. La Salle St.,
(Correspondent of Mercantile-Commerce Bank
and Trust Company, St. Louis.)
Southern Group
JACKSONVILLE
Childress and Company, Atlantic National Bank
Annex
1945
BELLEVILLE
•Wibbing & Co., O. H., 30 Public Sq.
CHICAGO
Allyn and Company, Inc., A. C., 100 W. Monroe
8t.
American National Bank and Trust Company of
Chicago, 33 N. LaSalle St.
Ames, Emerich & Co., Inc.. 105 S. La Salle St.
Bacon, Whipple & Co., 135 S. La Salle St.
Baker. Fentress & Company, 208 S. La Salle St.
♦BRANCH OFFICE
Webber, Darch & Company, 208 S. La Salle St.
Webber-Simpson & Company, 208 S, La Salle St
♦Weeden & Co., 135 S. La Salle St.
Welsh, Davis and Company, 135 S. La Salle St.
•White-Phillips Company, Inc., The, 39 S. La Salle
St.
Wittbold & Co., John, lo S. La Salle St.
Yantis & Co., Inc.. F. S., 120 S. La Salle St.
PEORIA
•Allyn and Company, Inc., A. C., Alliance Life Bldg
MEMBERSHIP OF THE INVESTMENT BANKERS ASSOCIATION OF AMERICA
1946
INDIANA
LOUISIANA
MASSACHUSETTS
Central State» Group
Southern Group
New England Group
INDIANAPOLIS
•B irth & Co., Inc.. Circle Tower.
•Davis & Co., Paul H., Merchants Bank Bldg.
•Harriman Ripley & Co., Incorporated, Fletcher
Trust Bldg.
♦Hemphill, Noyes & Co., Merchants Bank 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., City National Bank Bldg.
McGann Securities Company, Inc., Albert, 111
W. Washington Ave.
NEW ORLEANS
Dane, John, 516 Canal Bldg.
•Equitable Securities Corporation, Whitney Bank
Bldg.
Hyams, Glas & Carothers, Whitney Bldg.
Lamar, Kingston & Labouisse, Canal Bank Bldg.
•Merrill Lynch, Pierce, Fenner & Beane, 818
Gravier St.
National Bank of Commerce ih New Orleans, The,
Baronne & Common Sts.
Nusloch, Baudean & Smith, Hibernia Bank Bldg.
Scharff & Jones, Inc., Whitney Bldg.
Weil & Arnold, Canal Bldg.
Weil & Company, Inc., Union Bldg. Arcade.
White, Hattier & Sanford, Whitney Bldg.
Whitney National Bank of New Orleans, St.
Charles & Gravier Sts.
SHREVEPORT
Barrow, Leary & Co., 515 Market St.
•Scharff & Jones, Inc., 513 Market St.
IOWA
Central State» Group
MAINE
DAVENPORT
Quail & Co., Davenport Bank Bldg.
Vieth, Duncan & Wood. Davenport Bank Bldg.
White-Phillips Company, Inc., The, First Na
tional Bank Bldg.
DES MOINES
•Allyn and Company, Inc., A. C„ Liberty Bldg.
Central National Bank and Trust Company, 314
Fifth St.
•Central Republic Company, (Incorporated), In
surance Exchange Bldg.
Iowa-Des Moines National Bank & Trust Com
pany, Sixth and Walnut Sts.
Murdoch, Dearth & White. Inc., Des Moines Bldg.
•Nuveen & Co., John, Securities Bldg.
New England Group
BANGOR
•HornbloWer & Weeks, 2 State St.
Pierce, White & Drummond, Inc., Eastern Trust
Bldg.
PORTLAND
•Bond & Goodwin Incorporated, 120 Exchange St.
•Coffin & Burr Incorporated, 120 Exchange St.
Gilman & Co., Inc.. Charles H., 186 Middle St.
•Hayden, Stone & Co., 477 Congress St.
•Homblower & Weeks, 83 Exchange St.
Payson & Co., H. M., 93 Exchange St.
•Putnam & Company, Tnc., F. L., 97 Exchange St.
•Rollins & Sons Inc., E. H., Bank of Commerce
Bldg.
WATERLOO
•Allyn and Company, Inc., A. C., Waterloo Bldg.
,
... .4-,,
| .
-rt
KANSAS
MARYLAND
Southeastern Group
Southwestern Group
KANSAS CITY
Commercial National Bank of Kansas City, The,
601 Minnesota Ave.
TOPEKA
Estes, Snyder & Company, 103 E. Tenth St.
WICHITA
Dunne-Israel Company, The, Schweiter Bldg.
Lathrop-Hawk-Herrick Company, Inc., The, First
National Bank Bldg.
Ranson-Davidson Company, Inc., The, Beacon
Bldg.
Small-Milburn Company, The, Wheeler-KellyHagny Bldg.
KENTUCKY
.
Ohio Valley Group
BALTIMORE
•Auchincloss, Parker & Redpath, Mercantile Trust
Bldg.
Baker, W atts & Co., Calvert & Redwood Sts.
Brown & Sons, Alex., 135 East Baltimore St.
Cahn & Company, Frank B.t Equitable Bldg.
Daly & Co., Owen, Stock Exchange Bldg.
Equitable Trust Company, The, Calvert & Fay
ette Sts.
Garrett & Sons, Robert. South & Redwood Sts.
•Homblower & Weeks, First National Bank Bldg.
•Hutton & Company, W. E., First National Bank
Bldg.
•Kidder, Peabody & Co., Keyser Bldg.
Lanahan & Co., W. W., Calvert Bldg.
Mackubin, Legg & Company, 22 Light St.
(Executive Offices— Boston and New York.)
LEXINGTON
•Hutton & Company, W. E., Hernando Bldg.
•Lyons & Company, W. L., Lafayette Hotel.
Van Hooser & Company, J. D„ 261 W. Short 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.
Lyons & Company, W. L., 231 S. Fifth St.
Moore & Company, Berwyn T „ Marion E. Tay
lor Bldg.
•Stein Bros. & Boyce, Starks Arcade Bldg.
Hawkins & Co., Inc., Robert, 10 Post Office
Square
•Hayden, Stone & Co., 85 W ater St.
•Homblower & Weeks, 60 Congress St.
•Hutton & Company, W. E.. 75 Federal St.
•Johnson & Co., R. H., 31 State St.
Kennedy & Co., F. Brittain, 75 Federal St.
•Kidder, Peabody & Co., 115 Devonshire St.
( Additional office at 105 Newbury St.)
(.Executive Offices—Boston, New York, Phila
delphia.)
•Lazard Freres & Co.. 75 Federal St.
•Lee Higginson Corporation, 50 Federal St.
Lyons & Shafto Incorporated, 75 Federal St.
•Marshall, W. L., Jr., 10 Post Office Square. (Cor
respondent of Bankers Trust Company, New
York.)
Massachusetts Distributors, Inc., 85 Devonshire
St.
•Merrill Lynch, Pierce, Fenner & Beane, 45IMilk
St.
Moors & Cabot, 111 Devonshire St.
Moseley & Co., F. S., 50 Congress St.
(Additional office at 10 Post Office Sq.)
Newton, Abbe & Company. 60 Federal St.
O’Connell & Co., 49 Federal St.
Paine, Webber, Jackson & Curtis, 24 Federal St.
Parker Corporation, The, 1 Court St.
•Paul & Co., Inc., 50 Congress St.
Perry & Co., Incorporated, Arthur, 31 Milk St.
•Pressprich & Co., R. W., 201 Devonshire St.
Preston, Moss & Company, 24 Federal St.
Putnam & Company, Inc., F. L„ 77 Franklin St.
•Rollins & Sons Inc., E. H.. 75 Federal St.
•Rothschild & Co., L. F., 30 State St.
•Salomon Bros. & Hutzler, 75 Federal St.
•Shields & Company, 75 Federal St.
„ , ,
•Stone & Webster and Blodget, Inc., 49 Federal
St.
•Trask & Co., Spencer, 50 Congress St.
Tucker. Anthony & Co., 74 State St.
(Executive Offices—Boston, New York.)
,
•Union Securities Corporation, 75 Federal St.
Wainwright & Co., H. C., 60 State St. ;
(Additional office in Hotel Kenmore.),..
Washburn Company, 111 Devonshire St.
•Weeden & Co., 24 Milk St.
•White, Weld & Co., I l l Devonshire St. : i OD
Whiting,. Weeks & Stubbs Incorporated, 36
Federal St.
Maryland Trust Company, Calvert & Redwood
Sts.
Mead, Irvine & Co., First National Bank Bldg.
Mercantile Trust Company of Baltimore, Calvert,
Redwood & Baltimore Sts.
Middendorf & Co., Inc., Keyser Bldg.
Newburger & Hano, Calvert Bldg.
Shriver & Co., Inc., George G., Mercantile Trust
Bldg.
FALL RIVER
•Paine, Webber, Jackson & Curtis, Bennett. Bldg.
•Starkweather & Co., Keyset Bldg.
Stein Bros. & Boyce, 6 S. Calvert St.
Williams & Company, Inc., C. T., Fidelity Bldg.
DANVILLE
•Lyons & Company, W. L., 133 N:. Third St.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
W. L . Marshall, Jr.. Correspondent.)
•Blyth & Co., Inc., 75 Federal St.
Bond & Goodwin Incorporated, 30 Federal St.
•Bullock, Calvin, 10 Post Office Square;
Burgess & Leith ,75 Federal St.
Chace, Whiteside & Co., Incorporated, 24 Fed
eral St.
•Childs and Company, Inc., C. F., 82 Devonshire
St.
Childs, Jeffries & Thorndike, Inc., 50 Congress
St.
•Clark, Dodge & Co., 70 Federal St.
Coffin & Burr Incorporated, 60 State St.
Day & Co., R. L., I l l Devonshire St.
•Devine & Co., C. J., 75 Federal St.
•Dick & Merle-Smith, 30 State St.
Estabrook & Co., 15 State St.
•First Boston Corporation, The, 1 Federal St.
•Goldman, Sachs & Co., 75 Federal St.
•Graham, Parsons & Co., 10 Post Office Sq.
•Harriman Ripley & Co.*, Incorporated, 10 Post
Office Sq.
CEDAR RAPIDS
•Quail & Co., Merchants Bank Bldg.
-/ '
BOSTON
•Adams, Mudge & Co., I l l Devonshire St.
•Allyn and Company, Inc., A. C., 24 Federal St.
•Ames & Co., Inc., A. E., 50 Congress St.
Ballou, Adams & Company, Inc;, 49 Federal St.
•Bankers Trust Company, 10 Post Office Sq. (Set
LOWELL
•Kidder, Peabody & Co., 9 Central St.
CUMBERLAND
•Stein Bros. & Boyce, 16 N. Liberty St.
EASTON
•Williams & Company, Inc., C. T., Easton Na
tional Bank Bldg.
HAGERSTOWN
•Mackubin, Legg & Company, Wareham Bld[g.
•Stein Bros. & Boyce, 116 W. Washington St.
♦BRANCH OFFICE
LYNN
•Paine, Webber, Jackson & Curtis, 23 Central Ave.
NEW BEDFORD
•Kidder, Peabody & Co., First National Bank
•Tucker, Anthony & Co., 20 Market St.
MEMBERSHIP OF THE INVESTMENT BANKERS ASSOCIATION OF AMERICA
SPRINGFIELD
*Amott, Baker & Go., Incorporated, Third Na
tional Bank Bldg.
♦Day & Co., R. L., Third National Bank Bldg.
♦Estabrook & Go., 1387 Main St.
♦First Boston Corporation, The, Third National
Bank Bldg.
♦Hayden, Stone & Go., 1387 Main St.
♦Kidder, Peabody & Co., 1387 Main St.
♦Paine, Webber, Jackson & Curtis, Third National
Bank Bldg.
♦Pntnam & Company, Inc., F. L., Third National
Bank Bldg.
♦Rollins & Sons Inc., E. H„ 1387 Main St.
JACKSON
♦Watling, Lerchen & Co*, 120 W. Michigan Ave.
♦Selected Investment Company, National Bank
Bldg.
MINNESOTA
DULUTH
Adams, Madge & Co., 340 Main St.
♦Paine, Webber, Jackson & Curtis, State Mutual
Bldg.
•Trask & Co., Spencer, 340 Main St.
♦Whiting, Weeks & Stubbs Incorporated, Slater
Bldg.
Callender, Burke & MacDonald, Fidelity Bank
Bldg.
City National Bank and Trust Company, 18th
St. & Grand Ave.
Commerce Trust Company. Tenth & Walnut Sts.
♦Harris Trust and Savings Bank, 1204 Commerce
Bldg.
(Representative of Investment Department,
Chicago.)
♦Masters, Proctor M., Dwight Bldg. (Correspond
ent of Mercantile-Commerce National B ank and
Trust Company, St, Louis.)
M in n eso ta G roup
WORCESTER
1947
First and American National Bank of Duluth,
Superior St. and Third Ave., West.
Northern National Bank o f Duluth, 304 W.
Superior St.
♦Paine, Webber, Jackson & Curtis, Medical Arts
Bldg.
♦Wells-Dickey Company, Alworth Bldg.
♦Mercantile-Commerce Bank and Trust Company,
Dwight Bldg. (See Proctor M . Masters, Cor
respondents
♦Moseley & Co.. F. S., R. A. Long Bldg.
♦Nuveen & Co., John, Dwight Bldg.
Prescott, Wright, Snider Company, 918 Baltimore
♦Rollins & Sons Inc., E. H., Land Bank Bldg.
Stern Brothers & Go.. 1009 Baltimore Ave.
♦Straus Securities Company, Land Bank Bldg.
Weltner & Co., A. E., 21 W. 10th St.
ST. LOUIS
M is sissip p i Valley Group
MINNEAPOLIS
MICHIGAN
M ich ig a n G roup
ANN ARBOR
♦Watling, Lerchen & Co., Ann Arbor Trust Bldg.
DETROIT
Alison & Company, Buhl Bldg.
•Allyn and Company, Inc;, A. C., Buhl Bldg.
♦Baker, Weeks & Harden, Penobscot Bldg.
♦Blyth & Co., Inc., Buhl Bldg.
♦Braun, Bosworth & Company, Penobscot Bldg.
Campbell, McCarty & Company, Inc., Buhl Bldg.
Carey & Co., Matthew, Union Guardian Bldg.
Bennett, Smith & Company, Penobscot
Bldg.
First of Michigan Corporation, Buhl Bldg.
Harriman Ripley & Co., Incorporated, Penobscot
Bldg.
Higbie Corporation^ Carlton M„ 1912 Buhl Bldg.
•Hornblower & Weeks, Penobscot Bldg.
Keane & Company, Penobscot Bldg.
♦Kidder & Co., A. M., Penobscot Bldg.
Livingstone & Co., S. R., Penobscot Bldg.
McDonald. Moore & Hayes, Inc., Penobscot Bldg.
*Mernll Lynch, Pierce, Fenner & Beane, Buhl
Bldg.
,,
MUler, Kenower & Company, Inc., Penobscot
Bldg.
♦Otis & Co., Union Guardian Bldg.
Palne. Webber, Jackson & Curtis, Penobscot Bldg.
CA ddition al offices in General M otors B ldg, an d
Fisher B ldg.)
Parcells & Co., Charles A., Penobscot Bldg,
’gelented investments Company, Penobscot Bldg.
Small, Sidney R., Penobscot Blhg.
Smith, Hague & Co., Penobscot Bldg.
♦Stranahan, Harris & Company, Inc,* Buhl Bldg.
S traus Securities Company, Union Guardian
Bldg,
Watkins & Fordon, Inc., Penobscot Bldg.
Watling, Lerchen & Co., Ford Bldg „
. -(Additional office in Fisher Bldg.)
V, /
Allison-Williams Company, Northwestern Bank
Bldg.
Ashmun Company, C. S., First National-Soo Line
Bldg.
Bigelow-Webb, Inc., First National-Soo Line Bldg.
Bishop & Co., M. H., Thorpe Bldg.
♦Blyth & Co.. Inc., Rand Tower
♦Byllesby and Company, H. M., Rand Tower
♦Central Republic Company, (Incorporated),
Rand Tower.
•
Dain & Company, J. M„ Rand Tower
First National Bank and Trust Company, 115 S.
Fifth St.
♦Hemphill, Noyes & Co.. Northwestern Bank Bldg.
♦Kalman & Company, McKnight Bldg.
♦Merrill Lynch, Pierce, Fenner & Beane, Rand
Tower.
Needham & Company, Inc., Rand Tower
Northwestern National Bank and Trust Company
of Minneapolis, Northwestern Bank Bldg.
♦Paine, Webber, Jackson & Curtis, Rand Tower.
Piper, Jaffray & Hopwood, LIS S. Seventh St.
♦Rollins & Sons Inc., E. H., Northwestern Bank
B ldg.- I
Thrall West Company, Northwestern Bank Bldg.
Wells-Dickey Company, Metropolitan Bldg.
Wittenberg Merrick Company, Northwestern
Bank Bldg.
>
Woodard-Elwood & Company, Rand Tower
ST. PAUL
♦Central Republic Company, (Incorporated), First
National Bank Bldg.
First National Bank of Saint Paul, The, Fourth &
Minnesota Sts.
Greenman & Cook, Inc., First National Bank
Bldg.
Kalman & Company, Endicott Bldg.
Mannheimer-Caldwell, Inc., 127 Amherst St.
(Inactive for duration;of war).
♦Nuveen & Co., John, First National Bank Bldg.
♦Paine, Webber, Jackson & Curtis, Pioneer Bldg.
♦Riter & Go., Pioneer Bldg.
♦Wells-Dickey Company, Endicott Bldg.
Wood & Company, Harold E;, First National
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.
♦Bullock, Calvin, Security Bldg.
♦Central Republic Company, (Incorporated),
Security Bldg.
♦Childs and Company, Inc., C. F., 314 N. Broad
way.
♦Devine & Co., C. J., 314 N. Broadway.
Gaich & Co., 418 01ive St.
♦Goldman, Sachs & Co., Boatmen’s Bank Bldg.
♦Harris Trust and Savings Bank, 919 National
Bank of Commerce Bldg.
(Representative of Investment Department,
Chicago.)
Jones & Co., Edward D., 705 Olive St.
Kerwin, Fotheringham & Co., Inc., Ambassador
Bldg.
Mercantile-Commerce Bank and Trust Company.
721 Locust St. , Metropolitan St. Louis Company, 718 Locust St.
Mississippi Valley Trust Company, Broadway &
Olive St.
♦Murdoch, Dearth & White, Inc., 506 Olive St
Newhard, Cook & Co., 400 Olive St.
Reinholdt & Gardner, 400 Locust St.
♦Rollins & Sons Inc., E. H., 314 N. Broadway.
Selected Investments Company, 408 Olive St.
Simon & Co., I. M., 315 N. Fourth St.
Smith, Moore & Co., 509 Olive St.
Stifel, Nicolaus & Co., Inc., 314 N. Broadway
Stix & Go., 509 Olive St.
Taussig, Day & Company, Inc.; 506 Olive St. '
Theis & Sons, Inc., Albert, 410-12 Olive St.
Walker & Co., G. H., 503 Locust St.
Whitaker & Company, Fourth & Olive Sts.
Wibbing & Co., O. H., Security Bldg.
NEBRASKA
C en tral S ta tes G roup
LINCOLN
MISSISSIPPI
First Trust Company of Lincoln, The, Tenth &
0 Sts.
♦Wachob-Bender Corporation, Security Mutual
Bldg.
S ou thern G roup
FLINT .
•AUyn anid Company, Inc., A. C., Genesee Bank
Bldg.
GRAND RAPIDS
•McDonald, Moore & Hayes, Inc., Michigan
National Bank Bldg.
s
Nuveen & Co., John"409 Hoover St., N. E. .
Webber, Jackson & Curtis, Peoples National Bank.
Rollins & Sons, Inc., E. H., 60 Monroe Ave.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
JACKSON
Lewis add Company, Lamar Life Bldg.
♦Scharff & Jones, Inc,, Lamar Life Bldg.
MISSOURI
KANSAS CITY
tSouthwestern Group
•Allyn and Company, Inc., Av G., Í012 Baltimore
Ave.
Baum,Bernheimer Company,1016 Baltimore Ave.
♦BRANCH OFFICE
OMAHA
♦Allyn and Company, Inc., A. C., Insurance Bldg.
Burns, Potter & Company; 202 S. Seventeenth
St.
•Byllesby and Company, H. M., Farnam Bldg.
♦Central Republic Company, (Incorporated), In
surance Bldg.
Greenway & Company, Farnam Bldg.
Hall and Company; Inc., Ware, First National
Bank Bldg.
Kirkpatrick-Pettis Company, Omaha National
Bank Bldg,
National Company of Omaha, The, First National
Bank Bldg.
♦Stern Brothers & Co., Insurance Bldg.
Wachob-Bender Corporation, 210-212 S. Seven
teenth St.
MEMBERSHIP OF THE INVESTMENT BANKERS ASSOCIATION OF AMERICA
1948
NEW HAMPSHIRE
New England Group
CONCORD
♦Rollins & Sons Inc., E. H„ 4 School St.
KEENE
♦Wainwright & Co., H. C., 37 Main St.
MANCHESTER
•Rollins & Sons Inc. E. H., Amoskeag Bank Bldg.
BUFFALO
♦Amott, Baker & Co. Incorporated, 298 Main St.
♦Blair & Co., Inc., Ellicott Square Bldg.
•Dominion Securities Corporation, M & T Bldg.
♦Eastman, Dillon & Co., Liberty Bank 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.
♦Moseley & Co., F. S., Ellicott Square Bldg.
♦Rollins & Sons, Inc., E. H., Erie County Savings
Bank Bldg.
Schoellkopf, Hutton & Pomeroy, Inc., 70 Niagara
St.
♦Union Securities Corporation, Liberty Bank Bldg.
ELMIRA
♦Loeb, Rhoades & Co., Carl M., 125 Lake St.
♦Paine, Webber, Jackson & Curtis, Keeney Theatre
Bldg.
NEW JERSEY
New Y ork Group
ASBURY PARK
•McDonnell & Co., Berkeley Carteret Hotel
EAST ORANGE
•Reynolds & Co., 22 Prospect St.
JERSEY CITY
Bullock, Calvin, 921 Bergen Ave.
•Distributors Group, Incorporated, 1 Exchange Pi.
♦Eberstadt & Co., Inc., F., 15 Exchange PL
(Subsidiary o /F . Eberstadt & Co., New York)
•Lord, Abbett & Co., Inc., 1 Exchange PI.
•Massachusetts Distributors, Inc., 15 Exchange
PI.
MORRISTOWN
•Reynolds & Co., Park Square Bldg.
♦Riter & Co., 42 Park Place
GLENS FALLS
•Trask & Co.. Spencer, Queensbury Hotel
PATERSON
♦Eastman, Dillon & Co., 152 Market St.
HORNELL
♦Loeb, Rhoades & Co., Carl M., 43 Broadway.
ITHACA
♦Loeb, Rhoades & Co., Carl M., First National
Bank Bldg.
♦Paine, Webber, Jackson & Curtis, First National
Bank Bldg.
MIDDLETOWN
♦Loeb, Rhoades & Co., Carl M., 26 North St.
TRENTON
♦Butcher & Sherrerd, 219 E. HanoVer St.
•Hemphill, Noyes & Co., Stacy-Trent Hotel.
NEW YORK
New York Group
ALBANY
Cooley & Co., Inc., George R., 100 State St.
♦First Boston Corporation, The, 75 State St.
•Hemphill, Noyes & Co.. Ten Eyck Bldg.
♦Johnson & Co., R. H., Home Savings Bank Bldg.
•Kidder, Peabody & Co., 75 State St.
•Manufacturers and Traders Trust Company
142 State St.
•Marks & Co., Laurence M., 75 State St:
•Rollins & Sons Inc., E. H„ 75 State St.
•Trask & Co., Spencer, State Bank Bldg.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
(Executive Offices-—New York, Chicago.)
Goldman. Sachs & Co.. 30 Pine St.
Goodbody & Co., 115 Broadway.
♦Graham, Parsons & Co., 14 Wall St.
Green, Ellis & Anderson, 100 Broadway
Guaranty Trust Company of New York, 140
Broadway
Hallgarten & Co., 44 Wall St.
Hannahs, Badin & Lee, 111 Broadway
Harriman Ripley & Co., Incorporated, 63 Wall St.
♦Harris, Hall & Company, 14 Wall St.
♦Harris Trust and Savings Bank, 14 Wad St.
(Room 2908)
of
Investment
Department,
Hatch & Co., Inc., Frederic H., 63 Wall St.
Hayden, Stone & Co., 25 Broad St.
♦Heller, Bruce & Co., 1 Wall St.
Hemphill, Noyes & Co., 15 Broad St.
Herrman & Co., Henry, 52 William St.
♦Hibberd, William W., 14 Wall St.
(Correspondent of Mercantile-Commerce Bank
and Trust Company, St. Louis)
Hipkins & Topping, 1 Wall St.
Hornblower & Weeks, 40 Wall St.
♦Hutton & Company. W. E., 14 Wad St.
Johnson & Co., R. H., 64 Wall St.
Jones & Co., Chas. H., 50 Broadway
Joyce Jr. Co., A. G., 115 Broadway.
♦Kaiser & Co., 40 Wad St.
Kean. Taylor & Co., 14 Wall St.
♦Kebbon, McCormick & Co., 40 Wall St.
Keys & Co., C. M „ 551 Fifth Ave.
Kidder & Co., A. M., 1 Wad St.
Kidder. Peabody & Co.. 17 Wall St.
(Additional office at 10 E. 46th St.)
NEW YORK CITY
Adams, McEntee & Co., Inc., 40 Wall St.
Allen & Company, 30 Broad St.
Allen & Company, H. L., 100 Broadway
♦Allyn and Company, Inc., A. C., 40 Wall St.
♦Ames & Co., Inc., A. E., 2 Wall St.
Amott, Baker & Co. Incorporated, 150 Broadway
Arnhold and S. Bleichroeder, Inc., 30 Broad St.
Ashplant & Co., F. B., 2 Wall St.
•Auchincloss. Parker & Redpath, 52 Wall St.
Bacon. Stevenson & Co.. 39 Broadway
Baker, Weeks & Harden, 52 Wall St.
♦Bank of Montreal, Agency, 64 Wall St.
(Agency of B ank o f Montreal, Head Office,
Montreal)
Bankers Trust Company, 16 Wall St.
Barr Brothers & Co., Inc., 40 Wall St.
•Battles & Company, In e , 90 Broad St.
Bear, Stearns & Co., 1 Wall St.
•Becker & Co.. Incorporated, A. G., 54 Pine St.
(Executive Offices—Chicago, New York.)
Bergen, John J., 40 Wall St.
Blair & Co., Inc., 44 Wall St.
•Blyth & Co., Inc., 14 Wall St.
(Executive Offices— New York, San Francisco.)
PLAINFIELD
Wilmerding & Co., Inc., Plainfield National
Bank Bldg.
(Executive Offices— New York and Boston.)
First National Bank of the City of New York,
The, 2 Wall St.
♦First of Michigan Corporation, 65 Broadway.
Fisk & Sons, Inc., Harvey, 40 Wall St.
Fox & Company, P. F., 120 Broadway.
Gary & Partners, Theodore, 21 E. 40th St.
Gibbons & Company, Inc., Geo. B., 49 Wall St.
Glore, Forgan & .Co., 38 Wall St.
(Representatives
Chicago)
{Affiliate of A . E. Ames & Co., Limited, Toronto)
NEWARK
•Boenning & Co., 744 Broad St.
Carroll & Co., John B., 24 Commerce St.
•Clark, Dodge & Co., 744 Broad St. .
Colyer, Robinson & Company, Inc., 1180 Ray
mond Blvd.
_ Jr_0
jo .
duPont (Francis I.) & Co., 728 Broad St.
•Kean, Taylor & Co., 744 Rroad St. .
Rippel. Inc., Julius A., 744 Broad St.
Van Deventer Brothers, Inc., 24 Commerce St.
duPont & Co., Francis I., 1 Wall St.
Eastman, DUlon & Co.. 15 Broad St.
Eberstadt & Co., F., 39 Broadway
♦Elder & Company, 61 Broadway.
Eldredge & Co., Inc., 40 Wall St.
Emanuel & Co., 50 Pine St,
♦Equitable Securities Corporation, 40 Wall St.
♦Estabrook & Co., 40 Wall St.
Fahnestock & Co., 65 Broadway
Fénton & Company, Incorporated, F. R , 111
Broadway
First Boston Corporation, The, 100 Broadway
♦Bodeil & Co., Inc., I l l Broadway.
♦Boettcher and Company, 52 Wall St.
Bonbright & Company, 32 Liberty St. (Inactive
for duration of war).
♦Bond & Goodwin Incorporated, 63 Wall St.
♦Brown & Sons, Alex., 2 Wall St.
Brown, Bennett & Johnson, Inc., 30 Broad St.
♦Bullock, Calvin, 1 Wall St.
Burley & Company, 115 Broadway
Burr & Company, Inc., 57 William St.
♦Bydesby and Company, H. M., I l l Broadway
Campbell, Phelps & Co., Inc., 70 Pine St.
♦Central Republic Company, (Incorporated), 14
Wall St.
„
m
♦Chaplin & Company, 52 Broadway
Chase National Bank of the City of New York,
The, 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„ 17 E. 42nd St,
♦Coffin & Burr, Incorporated, 70 Pine 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.
DUlon, Read & Co., 28 Nassau St.
Distributors Group, Incorporated, 63 Wad St.
Dominick & Dominick, 14 Wall St.
♦Dominion Securities Corporation, 40 Exchange
PI.
(Branch of The Dominion Securities Corporation
Limited, Toronto) '■
Downs & Co., Harry, 60 Wall Tower
♦Drexel & Company, 14 Wall St.
♦BRANCH OFFICE
♦Kirchofer & Arnold, Inc., 1 Wad St.
Kuhn, Leob & Co., 52 William St.
Ladenburg, Thalmann & Co., 25 Broad St.
Lahey, Fargo & Co.. 31 Nassau St.
Lang & Co., F. P., 40 Wall St.
Langley & Co., W. C., 115 Broadway
Lazard Freres & Co., 120 Broadway,
Lebenthal .& Co.. 135 Broadway
Lee Higginson Corporation, 40 Wad St.
Lehman Brothers, 1 William St.
Lewisohn & Sons, Adolph, 61 Broadway
Loeb, Rhoades & Co., Carl M.. 61 Broadway
(Additional office at 2 East
6 6 th
St.)
Lord, Abbett & Co.. Inc.. 63 Wad St. . •
♦Lyöns & Shafto Incorporated, 70 Pine St.
♦Mackubin, Legg & Company, 76 Beaver St.
♦Manufacturers and Traders Trust Company, I
Wall St.
■ • ■ '
Manufacturers Trust Company, 55 Broad St.
•Marine Trust Company of Buffalo, The, 120
Broadway
____„ £
Marks & Co., Laurence M.. 49 Wall St.
McDonnell & Co., 120 Broadway
(Additional office at 254 Park Avenue)
♦McLeod, Young, Weir, Incorporated, 100 Broad
way. (Branch of McLeod, Young, Weir as Co.,
Limited, Toronto.)
_ „
'■
♦Mellon Securities Corporation, 14 Wall St.
♦Mercantile-Commerce Bank and Trust Company
14 Wad St. (S ee H ibberd, W . W „ Correspond
ent.)
‘ '
L
♦Mericka & Co., Inc., Wm. J., 29 Broadway
Merrill Lynch, Pierce, Fenner & Beane, 70 Pme
St'
Minsch, Moneli & Co., Inc., 115 Broadway
•Mitchell, Hutchins & Co., 1 Wall St.
♦Mitchum, Tully & Co., 1 Wall St.
Morgan, J. P., & Co., Incorpoated, 23 Wall ot.
Morgan Stanley & Co., 2 Wall St.
•Moseley & Co., F. S., 14 Wall St.
•Moulton & Company, R. H., 50 Broadway
National City Bank of New York, 55 Wad St.
Neergaard, Miller & Co., 1 Wad St.
Newburge & Hano, 39 Broadway.
Newman Bros. & Worms, 25
New York Trust Company, The, 100 Broadway
Nickerson & Co., Inc., John, 61 Broadway
Novotny, C. G.. 120 Broadway.
Nuveen & Co., John, 40 Wall St.
♦Otis & Co., 120 Broadway.
„„ _
.
♦Paine, Webber, Jackson & Curtis, 25 Broad &t.
Parrish & Co., 40 Wall St.
♦Paul & Co., Inc., 52 Wad St.
,. w
♦Perry & Co., Incorporated, Arthur, 52 wan otPhelps, Fénn & Co.. 39 Broadway
Pizzini & Co., B. W ,, 52 Broadway
Pressprich & Co., R. W .,88 .Wufiam
st
♦Ranson-Davidson Co., Inc., The, 90 Broad St.
♦Reinholdt & Gardner, 14 Wad St.
Reynolds & Co., 120 Broadway
Riter & Co., 40 Wall St.
c
Rodins & Sons Inc., E. H., 44 Wall St.
Rothschdd & Co.. L. F.. 120 Broadway
Salomon Bros. & Hutzler, 60 Wall St.
MEMBERSHIP OF THE INVESTMENT BANKERS ASSOCIATION OF AMERICA
NEW YORK CITY—Continued
Saunders Co., Gordon, 64 Wall St.
Schlater, Gardner & Co., 60 Broadway
•Schoellkopf, Hutton & Pomeroy, Inc., 63 Wall St.
Scholle Brothers, 40 Wall St.
Schroder Rockefeller & Co;, Inc., 48 Wall St.
*Schwabacher & Co., 14 Wall St.
Seligman & Co., J. & W., 65 Broadway.
Shields & Company, 44 Wall St.
Smith, Barney & Co., 14 Wall St.
CAdditional office at 622 Fifth Ave.)
Smithers & Co., F. S., 115 Broadway.
Starkweather & Co., I l l Broadway
GREENSBORO
Burnett and Company, Inc., Oscar, Southeastern
Bldg.
.
•Equitable Securities Corporation, Jefferson Bldg.
Lewis & Co., McDaniel, Jefferson Bldg.
RALEIGH
•Dickson & Company, R. S., Security Bank Bldg.
Kirchofer & Arnold, Inc., Capital Club Bldg.
(Additional office at 292 Madison Ave.)
♦Stein Bros. & B oyce,l Wall St.
Stemmier * Co., 52 William St.
Stillman, Maynard & Co., 61 Broadway.
Stone & Webster and Blodget, Inc., 90 Broad St.
♦Stranahan, Harris & Company. Inc.. 115 Broad
way
•Stroud & Company, Inc.. 120 Broadway
Swiss American Corporation, 30 Pine St.
Thomson & McKinnon, 11 Wall St.
Trask & Co., Spencer, 25 Broad St.
•Tucker, Anthony & Co.. 120 Broadway
(Executive Offices—-New York, Boston.)
Union Securities Corporation, 65 Broadway.
Van Alstyne, Noel & Co.. 52 Broadway
•Van Deventer Brothers, Inc., 61 Broadway
Van Ingen & Co., Inc., B. J., 57 William St.
♦Wainwright & Co., H. C., 30 Pine St.
•Walker & Co.. G. H., 1 Wall St.
•Watting, Lerchen & Co., 115 Broadway.
•Weeden & Co., 14 Wall St.
Wertheim & Co., 120 Broadway
White & Company, Inc., J. G., 37 Wall St.
White, Weld & Co., 40 Wall St.
•Witter & Co., Dean, 14 Wall St.
Wood, Gundy & Co., Inc., 14 Wall St.
Wood, Walker & Co., 63 Wall St.
Wood, Struthers & Co., 20 Pine St.
♦Wyeth & Co., 40 Wall St.
WILSON
Branch Banking & Trust Co., 124 Nash St.
1949
Joseph & Co., Inc., Union.Commerce Bldg.
^Ç>,i>na^
Bldg. d'^ '00^d^e SS Co., Union Commerce
Mericka * Co., Inc., Wm. J., 925 Euclid Ave.
♦Merrill Lynch, Pierce, Fenner & Beane, 216
Superior Ave., N. E.
Merrill, Turben & Co., Union Commerce Bldg.
Murch & Co., Maynard H„ 925 Euclid Ave
National City Bmik of Cleveland, The, E. Sixth
St. « Euclid Ave.
♦Nelson, Browning & Company, Union Commerce
B ld g .
♦Ohio Company, The, Union Commerce Bldg.
Otis & Co.. Terminal Tower Bldg.
♦Paine, Webber,' Jackson & Curtis, Termina
Tower Bldg.
Prescott, Jones & Co., Guardian Bldg.
Rollins «Sons Inc., E. H., Union Commerce Bldg
♦Salomon Bros. & Hutzler, 925 Euclid Ave.
Harris ” Company, Inc., Hippodrome
B ld g .
♦Wainwright & Co., H. C., Union Commerce Bldg.
WINSTON-SALEM
Wachovia Bank & Trust Company, Main &
Third Sts.
COLUMBUS
O hio V a lley G rou p
♦First Cleveland Corporation, The, Huntington
¿sank Bldg.
*McDonaId-Coolidge & Co.f Huntington Bank
B ld g .
OHIO
AKRON
OMo Company, The, 51 N. High St.
♦Otis & Co., Huntington Bank Bldg.
♦Paine, Webber, Jackson & Curtis, 17 S. High St
Sweney, Inc., Lowry, 17 S. High st
N orth ern Ohio G roup
•McDonaid-Coolidge & Co., Akron Savings & Loan
Bldg.
♦Paine, Webber, Jackson & Curtis, Ohio Bldg.
DAYTON
Ohio V a lle y G roup
ONEONTA
♦Loeb, Rhoades & Co., Carl M., Hotel Oneonta.
ROCHESTER
•Lee Hlgginson Corporation, Lincoln-Alliance
Bank Bldg.
*Riter & Co., Lincoln-Alliance Bank Bldg.
♦Rollins & Sons, Inc., E. H., Lincoln-Alliance Bank
Bldg.
♦Rothschild & Co., L. F., Lincoln-Alliance Bank
Bldg.
•Schoellkopf, Hutton & Pomeroy, Inc., LincolnAlliance Bank Bldg.
•Stone & Webster and Blodget, Inc., Reynolds Ar
cade Bldg.
•Tucker, Anthony & Co., 16 Main St., E.
CANTON
♦Hutton & Company, W. E., 42 N. Main St.
•Joseph & Co., Inc.. Winters Bank Bldg.
N orth ern O hio G rou p
♦McDonaid-Coolidge & Co., First National Bank
Bldg.
♦Paine, Webber, Jackson & Curtis, First National
Bank Bldg.
LIMA
N orthern Ohio Group
•McDonaid-Coolidge & Co., Lima Trust Bldg.
CINCINNATI
Ohio V a lle y G roup
•Braun, Bosworth & Company, Union Central
Bldg.
Breed & Harrison, Inc., First National Bank Bide
Brockhaus & Co., Edward, Union Trust Bide
&Co., C J First National Bank Bldg.
Field, Richards & Co., Union Central Bide
SPRINGFIELD
O hio V a lley G rou p
•McDonaid-Coolidge & Co., First National Bldg.
F1WalnuuitsUni0n TrUSt C0'’ Tbe’ Fourth &
SCHENECTADY
•Trask & Co., Spencer, 212 State St.
SYRACUSE
•Lee Hlgginson Corporation, 206 Highland St.
& S ° - Carl M- State Tower Bldg.
♦Reynolds & Co., State Tower Bldg,
•Union Securities Corporation, 317 Allen St.
UTICA
*L<Banl?B?dgeS & Co * Carl M - First National
WATERTOWN
Ç° * R- H., Woolworth Bldg.
Loeb, Rhoades & Co., Carl M., I l l Stone St.
YONKERS
•duPont & Co., Francis I, 20 S. Broadway.
NORTH CAROLINA
Southeastern G roup
A St
CHARLOTTE
Company. B. S., Wilder Bldg.
ate Securlties Corporation, 200 S. Tryon
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Hutton & Company, W. E„ First National Bank
Bldg.
Lincoln National Bank, Fourth & Vine Sts
♦Lyons & Company, W. L., Dixie Terminal Bide
Magnus & Company, Dixie Terminal Bldg
♦McDpnäid-Coolidge & Co., Mercantile Library
Bldg.
Nelson, Browning & Company, Carew Tower
♦Nuveen & Co., John, Carew Tower.
•Otis & Co., Mercantile Library Bldg.
Provident Savings Bank & Trust Company. The
Seventh & Vine Sts.
'
Seasongood & Mayer, 6 E. Fourth St.
•Stranahan, Harris & Company, Inc.. Dixie
Terminal Bldg.
Van Lahr, Doll & Isphording, Inc., Provident
Bank Bldg.
Walter, Woody & Heimerdinger, Dixie Terminal
Bldg.
Weil, Roth & Irving Company, The, Dixie Ter
minal Bldg.
CLEVELAND
TOLEDO
N orth ern O hio G roup
.S,raiin^ ? osYor^h * Company, Toledo Trust Bldg.
•First Clevetend Corporation, The, Home Bank
B ld g .
•Otis & Co.. Spitzer Bldg.
Ryan, Sutherland & Co., Ohio Bldg.
Stranahan, Harris & Company, Inc., Ohio Bldg.
OKLAHOMA
Southw estern G rou p
OKLAHOMA CITY
Edwards, Inc., R. J., Terminal Bldg.
Honnold, C. Edgar. 120 N. Robinson St.
♦Small-Millburn Company, The, Terminal Bldg.
N o rth ern O hio G roup
Ball, Coons & Company, Union Commerce Bide
•Blyth & Co.. Inc., Union Commerce Bldg
Central National Bank, 308 Euclid Ave
•Childs and Company, Inc., C. F., Union Com
merce Bldg.
Curtiss, House & Company, Union Commerce
Bldg.
Emerson & Co., Incorporated, H. L., Union Com
merce Bldg.
Fahey, Clark & Co., Union Commerce Bldg
♦Field, Richards & Co., Union Commerce Bldg
•First Boston Corporation, The, Union Commerce
Bldg.
First Cleveland Corporation, The, National City
Bank Bldg.
Gillis, Russell & Go., Union Commerce Bldg
•Harriman Ripley & Co., Incorporated. Union
Commerce Bldg.
Hawley, Shepard & Company, Union Commerce
Bldg.
Hayden, Miller and Company, Union Commerce
Bldg.
•Homblower & Weeks, Union Commerce Bldg.
•BRANCH OFFICE
OREGON
P a cific N orth w est G roup
PORTLAND
Adams & Co.. E . M., American Bank’Bldg. ■,
Blankenship & Gould, Inc., Wilcox Bldg.
•Blyth & Co., Inc., Pacific Bldg.
Camp & Cp., Inc., Porter Bldg.
•Conrad, Bruce & Co., 316 S. W. Sixth Ave
•Ferris & Hardgrove, Wilcox Bldg.
First National Bank o f Portland, Fifth & Stark
8 iS .
Hemphill, Fenton & Campbell, Inc., Porter Bldg
•Merrill Lynch, Pierce, Fenner & Beane, 400
S. W. Sixth St.
Warrens, Bosch & Floan, Porter Bldg
MEMBERSHIP OF THE INVESTMENT BANKERS ASSOCIATION OF AMERICA
1950
PENNSYLVANIA
ALLENTOWN
Eastern P ennsylvania Group
♦Reynolds & Go., Americus Hdtel Bldg.
•Smith, Barney & Co., Dime Trust Bldg.
ALTOONA
Western P ennsylvania Group
♦Parrish & Co., 11th Ave. and 12th St.
BETHLEHEM
Eastern Pennsylvania Group
•Elkins, Morris & Co., Odd Fellows Bldg.
♦Rollins & Sons Inc., E. H., Odd Fellows Bldg.
EASTON
Eastern P ennsylvania Group
♦Eastman, Dillon & Co., First National Bank Bldg.
♦Hutton & Company, W. E., 19 S. Third S t
•Lord, Abbott & Co., Inc., First National Bank
Bldg.
•Goldman, Sachs & Co., 1416 Chestnut St.
Graham, Parsons & Co., 1421 Chestnut St.
Harper & Turner, Inc., Stock Exchange Bldg.
•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.
Investment Registry of America Inc., 1515
Locust St.
Janney & Co., 1529 Walnut St.
♦Johnson & Co., R. H., 1528 Walnut.
♦Kidder, Peabody & Co., 123 S. Broad St. _
(Executive Offices— New York, Boston, Phila
delphia .)
'
_ ,
_ .
Krause, Barrows and Co„ 3306 Warden Driye
(Inactive for duration of war).
♦Lazard Freres & Co., Girard Trust Company Bldg.
♦Merrill Lynch, Pierce, Fenner & Beane, Com
mercial Trust Bldg.
Newbold’s Son & Co., W. H., 1517 Locust St.
Newburger & Hano, Ì505 Walnut St.
♦Paine, Webber, Jackson & Curtis, Fidelity Phila
delphia Trust Bldg.
♦Parrish & Co., 212 So. 15th St.
Paul & Co., Inc., 1420 Walnut St.
Phillips & Co., Samuel K., Packard Bldg.
Rambo, Keen, Close & Kerner, In c .,1518 Locust
Sty
♦Reynolds & Co., 1500 Walnut St.
•Riter & Co., 1529 Walnut St.
•Rollins & Sons Inc., E. H., 1528 Walnut St.
Schmidt, Poole & Co., 123 S. Broad St.
Sheridan, Bogan Co., 1616 Walnut St.
♦Smith, Barney & Co.. 1411 Chestnut St.
♦Starkweather & Co., Girard Trust Co. Bldg.
♦Stein Bros. & Boyce, 123 S. Broad St.
>
♦Stone & Webster and Blodget, Inc., Packard Bldg.
Stroud & Company, Inc., 1429 Walnut St.
Suplee, Yeatman & Company, Inc., 220 S. Six
teenth St.
■. ■
. ,
Thayer, Baker & Co., 16 S. Broad St.
♦Trask & Co., Spencer, Packard Bldg.
Tyson Co., Warren A., 1528 Walnut St. ^
♦Union Securities Corporation, 123 S. Broad St.
♦Van Alstyne, Noel & Co., 15Ö0 Walnut St.
Wurts, Dulles & Co., 1416 Chestnut St.
Yarnall & Co.. 1528 Walnut St.
W estern Pennsylvania Group
HARRISBURG
Eastern Pennsylvania Group
•Hemphill, Noyes & Co., Penn Harris Hotel
•Jones & 6 o., Chas. H., State Theatre Bldg.
♦Parrish & Co., Telegraph Bldg.
HUNTINGDON
W estern P ensylvania Group
Elkins,Morris & Co., Penn St.
Applegate, Geo. G., Commonwealth Bldg.
♦Blair & Co., Inc., Oliver Bldg.
♦Blyth & Co., Inc., First National Bank Bldg.
•Byllesby and Company, H. M., Union Trust
Bldg.
Chaplin & Company, 419 Wood St.
•Childs and Company, Inc., C. F., 439 Fifth Aye.
Cunningham & Co., Inc., S. K., Commonwealth
First^National Bank at Pittsburgh, Fifth Ave. &
Wood St.
Glover & MacGregor, Inc., Union Trust Bldg. ;
•Graham, Parsons & Co., Union Trust Bldg. ■ .
•Green, Ellis & Anderson, Commonwealth Bldg.
Grubbs. Scott & Company, Union Trust Bldg.
♦Harriman Ripley & Co., Incorporated. Union
Trust Bldg;
:• '
,
♦Hemphill, Noyes & Co.,; Clark Bldg.
Kay, Richards & Company Union Trust Bldg.
: (Additional offices in Oliver Bldg, and Medical
Arts Bldg.)
■■■
♦Mackubin, Legg & Company; Union Trust Bldg.
Masten & Company, A. E., First National Bank
LANCASTER
Eastern P ennsylvania Group
Mellon Securities Corporation, 525 William Penn
PI. s
♦Merrill Lynch, Pierce, Fenner & Beane, Farmers
Bank Bldg.
Moore,Leonard & Lynch, Union Trust Bldg.
♦Parrish & Co., 223 Fourth Ave.
Peoples-Pittsburgh Trust Company, Fourth Ave.
& Wood St.
¿j
♦Rollins & Sons Inc., E. H., Grant Bldg.
Scott & Company, James H., Union Trust Bldg.
Singer, Deane & Scribner. Union Trust Bldg.
Thomas & Company, Union Trust Bldg.
Union Trust Company of Pittsburgh, The, Union
Trust Bldg.
y u i.
Ward & Co., Norman, Grant Bldg.
Young & Co., Inc,, People Bank Bldg.
PHILADELPHIA
Eastern Pennsylvania Gròup
•Allyn and Company, Inc., A. C., Packard Bldg.
•Auchincloss, Parker & Redpath, 1421 Chestnut
St
♦Baker, Weeks & Harden, 1421 Chestnut St.
Battles & Company, Inc., 1528 Walnut St.
Biddle, Whelen & C o, 1606 Walnut St.
Bioren & Co., 1508 Walnut St.
♦Blair & Co., Inc., 123 S. Broad St.
♦Blyth & Co., Inc., 123 S. Broad St.
Boenning & Co., 1606 Walnut St.
•Bullock, Calvin, 1416 Chestnut St.
Butcher & Sherrerd, 1500 Walnut St.
•Byllesby and Company, H. M., Stock Exchange
POTTSVILLE
Eastern P ennsylvania Group
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
♦Grubbs, Scott & Company* First National Bank
Bldg.
SUNBURY
Eastern P ennsylvania Group
Drass & Company, J. H., 231 Market Sq.
WILKES-BARRE
Eastern Pennsylvania Group
♦Auchincloss, Parker & Redpath, Miners Bank
♦Green! Ellis & Anderson, Miners Bank Bldg.
♦Rollins & Sons Inc., E. H., Second National Bank
Bldg.
WILLIAMSPORT
Eastern Pennsylvania Group
♦Rollins & Sons Inc., E. H., Susquehanna Trust
Bldg.
YORK
Eastern Pennsylvania Group
RHODE ISLAND
N ew E ngland Group
NEWPORT
♦Kidder, Peabody & Co., 33 Bellevue Ave.
PROVIDENCE
Bodell & Co., Inc., 32 Custom House St.
♦Estabrook & Co., 15 Westminster St. , .
♦First Boston Corporation, The, Hospital Trust
♦HMitoan Ripley & Co., Incorporated, Hospital
Trust Bldg.
♦Hornblower & Weeks. 10 Weybosset St.
♦Kidder, Peabody & Co., 10 Weybosset St.
Miller & George. Hospital Trust Bldg.
♦Paine, Webber, Jackson & Curtis, Hospital Trust
♦Rollins' & Sons Inc. E. H.. Turks Head Bldg.
♦Stone & Webster and Blodget, Inc., Turks Head
Bldg.
SOUTH CAROLINA
Southern Group
CHARLESTON
Frost, Read & Co., Inc., 21 Broad St.
Tctninr.h, Huger & Company, 26 Broad St.
COLUMBIA
Crawford Co., Inc., G. H., Liberty Life Bldg.
SPARTANBURG
Law & Company, A. M., Andrews Bldg.
♦Parrish & Co., Schuylkill Trust Bldg.
Clmndler & Company, InCy 1500 Walnut St.
Clark & Co., E. W., 1531 Locust St..
Collings and Company, C. C., 123 S. Broad St.
♦Devine & Go., G. J., Fidelity-Philadelphia Trust
♦Dominion Securities Corporation, 220 S.
Sixteenth St.
'
, , 'm äjfflm .
Dougherty & Co., A. Webster, 1421 Chestnut-St.
Drexel & Co., 15th & Walnut Sts.
mm
♦duPont & Co., Francis L, 123 S. Broad St.
•Eastman, Dillon & Co., 225 S. 15th St.
Elkins, Morris & Co., Land Title Bldg.
fW
•First Boston Corporation, The, 1616 Walnut St.
Freeman & Coi, Inc.,’M. M., 262 S. Fifteenth St.
SHARON
W estern P ennsylvania Group
PITTSBURGH
Western Pennsylvania Group
Mctfunidn, Patton & Companyy Commonwealth
•Clark & Co., E. W., Fulton National Bldg.
♦Reynolds & Co., 61 N. Duke St.
♦Hallgarten & Co., First National Bank Bldg.
♦Kidder, Peabody & Co., Scranton Life Bldg.
♦Reynolds & Co., 516 Spruce St.
,
♦Rollins & Sons Inc., E. H.. First National Bank
Bldg.
♦Smith, Barney & Co., First National Bank Bldg.
•Clark & Co., E. W., 22 S. George St.
♦Reynolds & Co., Cassatt Bldg.
•Stein Bros. & Boyce, 31 Market St.
ERIE
♦Otis & Co , Marine National Bank Bldg.
•Shields & Company, Erie Trust Bldg.
SCRANTON
Eastern Pennsylvania G roup
READING
TENNESSEE
Eastern P ennsylvania Group
CHATTANOOGA
♦Eastman, Dillon & Co., 605 Washington St,
♦Graham, Parsons & Co., 101 N. 6th St. , t
Harriman Ripley & Co., Incorporated, Colonial
Trust Bldg.
: ,
♦Parrish & Co., Corbin Bldg.
♦Yarnall & Co., 522 Court St.
•BRANCH OFFICE
Southern Group
♦Courts & Co., 108 W; Eighth St. :
Elder & Company, 735 Broad St.
•Equitable Securities Corporation,
Bldg.
----- ,A.nt
ProTM*»
MEMBERSHIP OF THE INVESTMENT BANKERS ASSOCIATION OF AMERICA
KNOXVILLE
Southern Group
VERMONT
♦Bass & Company, Jack M., Hamilton National
Bank Bldg.
♦Cumberland Securities Corporation, Hamilton
National Bank Bldg.
Davidson & Company, Inc., Hamilton National
Bank Bldg.
♦Equitable Securities Corporation, Hamilton
National Bank Bldg.
New England Group
RUTLAND
♦Kidder & Co., A. M., Mead Bldg.
CANADA
MEMPHIS
VIRGINIA
Southeastern Group
•Equitable Securities Corporation, Union Planters
Bank Bldg.
First National Bank of Memphis, 127 Madison
Ave.
L
Union Planters National Bank & Trust Co., 69
Madison Ave.
CHARLOTTESVILLE
Peoples National Bank, The, Main St. '
LYNCHBURG
Scott, Horner & Mason, Inc., Law Bldg.
NASHVILLE
NORFOLK
Investment Corporation of Norfolk, 215 E.
Plume St.
RICHMOND
Craigie & Co., F. W„ 616 E. Main St.
Davenport & Co.. 1113 E. Main St.
♦Dickson & Company, R. S., State Planters Bank
Bldg.
Mason-Hagan, Inc., 1108 E. Main St.
♦Scott, Horner. & Mason, Inc., (See Willis, Charles
Southern Group
American National Bank, Fourth & Union Sts.
Bass & Company, Jack M., 331 Union St.
Commerce Union Bank, 400 Union St.
Cumberland Securities Corporation, 206 Fourth
Avenue North.
Equitable Securities Corporation, 322 Union St.
Nashville Securities Company, 416 Union St. ,
Webster & Gibson, 168 Fourth Avenue North
E., Representative).
Willis, Charles E., State Planters Bank Bldg.
(Representative of Scott, Horner, & Mason,
Inc., Lynchburg).
'
Scott & Stringfellow, Mutual Bldg.
TEXAS
Texas Group
AUSTIN
•Barcus, Kindred & Co., Norwood Bldg.
EDINBURG
♦Ranson-Davidson Company, Inc., The, Edin
burg Hotel Bldg.
FORT WORTH
•Dallas Union Trust Company, Fort Worth
National Bank Bldg.
Edwards & Company, William N.. First National
Bank Bldg.
♦Rauscher, Pierce & Co., Inc., W. T. Waggoner
Bldg.
GALVESTON
Mosle and Moreland, 4007 Avenue RJ^ (Inactive
for duration of war).
HOUSTON
Eddleman & Company, R. N., First National
Bank Bldg.
McClung & Knickerbocker, Inc., First Nationa
Bank Bldg.
♦Merrill Lynch, Pierce, Fenner & Beane, Gulf Bldg.
Moroney, Beissner & Co., Neils Espersom Bldg.
Neuhaus & Co., Union National Bank Bldg.
♦Ranson-Davidson Co., Inc., The, Second ■Na
tional Bank Bldg.
•Rauscher, Pierce & Co., Inc., Second National
Bank Bldg.
Rotan Co., George V., 806 Rusk Ave.
Snyder and Company, A. W., 1716 North Blvd.
(Inactive for duration of war).
Underwood & Co., Milton R., 2923 Del Monte
Drive (Inactive for duration of war).
White & Co., Chas. B„ Second National Bank
Bldg;
SAN ANTONIO
Dewar, Robertson & Pancoast, National Bank of
Commerce Bldg.
Mahan, Dittmar & Company, South Texas Bank
Bldg.
Pitman & Company, Alamo National Bldg.
♦Ranson-Davidson Company, Inc., The, Milam
Bldg.
•Rauscher, Pierce & Co., Inc., Milam Bldg.
Roe & Company, E. J., Frost National Bank
Bldg.
Russ & Company, Frost National Bank Bldg.
UTAH
Rocky Mountain Group
SALT LAKE CITY
•Blyth & Co., Inc., Kearns Bldg.
54
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
OSHKOSH
♦Wisconsin Company, The, First National Bank
Bldg.
BURLINGTON
♦Kidder & Co.. A. M., 162 College St.
M ississippi Valley Group
DALLAS
Beckett, Gilbert & Company, Inc., 4613 Living
stone St. (Inactive for duration of war).
Callihan & Jackson, Incorporated, Republic Bank
Bldg.
Dallas Union Trust Company, Dallas National
Bank Bldg.
♦Dunne-Israel Company, The Gulf States Bldg.
First National Bank in Dallas, 1401 Main St,
Garrett & Co. Inc., First National Bank Bldg.
James, Stayart & Davis, Inc., First National Bank
Bldg.
Moss, Moore & Cecil, Inc., Kirby Bldg.
O’Neil & Company, Donald, 3007 Knox St.
(Inactive for duration of war).
Rauscher, Pierce & Co., Inc., Magnolia Bldg.
Rupe & Son, Dallas, Kirby Bldg.
Walker, Austin & Waggoner, Republic Bank Bldg.
1951
WASHINGTON
Pacific Northwest Group
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.
Foster & Marshall, 1411 Fourth Ave. Bldg.
Grande & Co., Inc., Hoge Bldg.
Harper & Son & Company, Wm. P., Harper Bldg.,
1504 Third Ave.
Hartley Rogers & Company
(See Rogers & Company, Hartley)
4
Hemphill & Co., Waldo, 1 4 ll Fourth Ave.
Hughbanks Incorporated, Dexter Horton Bldg.
Huston & Co., Harold H., Hoge Bldg.
Marine National Company. 1100 Second Ave.
♦Merrill Lynch, Pierce, Fenner & Beane, 1411
Fourth Ave.
Pacific National Bank of Seattle, The, Second
& Marion Sts.
Pratt & Company, H. P., Hoge Bldg.
Rogers & Company, Hartley, 1411 Fourth Ave.
Seattle-First National Bank, Second Ave. at
Columbia St.
Seattle Trust and Savings Bank, 804 Second Ave.
SPOKANE
♦Blyth & Co., Inc., Old National Bank Bldg.
♦Ferris & Hardgrove, 425 Riverside Ave.
Murphey, Favre & Co., Spokane and EasternBldg.
Nelson and Company, Arthur E., Paulsen Bldg.
Paihe-Rice & Company, Old National Bank Bldg.
Richards & Blum, Inc., 101 N. Wall St.
Spokane and Eastern Branch of Seattle-First
National Bank, 601 W. Riverside Ave.
TACOMA
♦Ferris & Hardgrove, W. R. Rust Bldg.
BRITISH COLUMBIA
Pacific Northwest Group
VANCOUVER
♦Ames & Co.. Limited. A. E., Royal Trust Bldg.
♦Dominion Securities Corporation Limited, The*
510 Hastings St., W.
♦Wood, Gundy & Company Limited, 744 Hastings
St., W.
VICTORIA
•Ames & Co., Limited, A. E., 310 Belmont House
MANITOBA
Canadian Group
W INNIPEG
♦Ames & Co., Limited, A. E., Hamilton Bldg.
♦Dominion Securities Corporation Limited, The
Union Trust Bldg.
♦Wood, Gundy & Company Limited, Victory Bldg.
ONTARIO
. . Canadian Group
HAMILTON
♦McLeod, Young, Weir & Co., Ltd., Spectator
Bldg.
Wml
♦Wood, Gundy & Company Limited, 1 Main St., E.
LONDON
♦McLeod, Young, Weir & Co., Ltd., Richmond
Bldg.
Midland Securities Limited, Huron & Erie Bldg.
OTTAWA
♦Greenshields & Company, Inc., 140 Wellington
St.
♦McLeod, Young, Weir & Co., Ltd., Ottawa
Electric Bldg.
♦Wood, Gundy & Company Limited, Ottawa
Electric Bldg.
TORONTO
Ames & Co., Limited, A. E., 320 Bay St.
♦Collier, Norris & Henderson, Limited, 320 Bay
St.
Dominion Securities Corporation Limited, The,,
15 King St., W.
♦Greenshields & Company, Inc., 64 King St., W.
♦Kidder & Co., A. M„ 2 King St., E.
McLeod, Young, Weir & Co., Ltd., Metropolitan
Bldg.
♦Midland Securities Limited, Dominion Bank Bldg.
Wood, Gundy & Company Limited, 36 King St.,
W.
QUEBEC
Canadian Group
WEST VIRGINIA
WHEELING
Western Pennsylvania Group
♦Masten & Company, A. E., 1300 Market St.
WISCONSIN
Central States Group
LA CROSSE
♦Harrison & Co., Carter H., Hotel Stoddard.
MADISON
♦Wisconsin Company. The, First Central Bldg.
MILWAUKEE
♦Allyn and Company, Inc., A. C„ 735 N. Water
St.
Bingham, Sheldon & Co.. 735 N. Water St.
♦Central Republic Company, (Incorporated), First
Wisconsin National Bank Bldg.
Fox & Co., Morris F.. 753 N. Water St.
♦Harris, Hall & Company, 229 E. Wisconsin Ave.
Loewi & Co., 225 E. Mason St.
Milwaukee Company, The. 207 E. Michigan St.
♦Paine, Webber, Jackson & Curtis, 605 N. Broad
way.
♦Rollins & Sons Inc., E. H., First Wisconsin
National Bank Bldg.
♦Straus Securities Company, 710 N. Water St.
Wisconsin Company, The, 110 E. Wisconsin Ave.
♦BBANCH OFFICE
MONTREAL
♦Ames & Co., Limited, A. E., 360 St. James St., W.
Bank of Montreal, Head Office, 119 St. James St.,
W.
♦Bullock, Ltd., Calvin, Aldred Bldg.
(Branch o i Calvin Bullock. Jersey City)
Collier, Norris & Henderson, Limited, 507 Place
d’Armes.
♦Dominick Corporation of Canada, 360 St. James
St., W.
(Corporate affiliate o f Dominick & Dominick,
New York)
♦Dominion Securities Corporation Limited, The,
275 St. James St., W.
Greenshields & Company, Inc., 507 Place d’
Armes
♦Kidder & Co., A. M., 388 St. James St., W.
♦McLeod, Young, Weir & Co., Ltd., 276 St. James
St.
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., 58a Wellington
St., North
STOCK EXCHANGE MEMBERS
1952
C A L IF O R N IA
L O S A N G ELES ST O C K EXCHANGE
618 So. Spring St.
OFFICERS: McClarty Harbison, President; Harry B. Brooks, 1 st Vice-President; H. F. Christy, 2 nd Vice-President; Frank F. Hargear, Treasurer;
W. G. Paul, Exec. Secretary; Inez Vermillion, Assistant Secretary; Raymond Eller, Assistant Secretary.
MINIMUM COMMISSION RATES
for Transactions In Stocks, Rights or Warrants
EFFECTIVE JUNE 17, 1943
Price
Per
Odd Lots
MINIMUM COMMISSIONS:
The M inimum
P er Share
Per Share
100 Shares
When the Amount o f Money
Charge therefor shall
Under 10c.
______ 10c for each
Pro Rata
Involved In a Transaction Is
be not less than
lc of share price
»
»
10c and above but under
Less than $10___________ _______
______ $ 1.00
. , As Mutually Agreed
u 25c._____11
It
It
25c «
“
50c_______
______
2.00
r 6% of such amount but
It
a $ 1------------ ______
It
tt
50c “
4.00
$ 10 or more but less than $ 50 .
tt
tt $ 2 . . . ........ ______
l not less than $2.50
$ 1 « m
6.00
11c
tt
u
$ 2 “
“
3_______ ............
50 “ “ “
“ “
100..
7.00
12c
$ 5.00
it
u $
$ 3 “
“
$ 4 ----------- ______
9.00
14c
100 “ “ “ “ “
300..
6.00
It
u $
$ 4 ■“
«
5
_______
______
10.00
15c
it
a $ 6 _______ ______
300 “ “ “ “ “ • 500..
7.00
$ 5 “
«
13.00
18c
il
a
$ 6 “
“
$ 7 ..........
500 “ “ “ “ “
700..
14.00
19c
8.00
a $ 8 _______ ............
$ 7 “
15.00
20c
700 “ “ « “ “ 1000..
9.00
it $ 9 _______ ______
0
$ 8 “
______
16.00
21c
a
tt $10............... ______
1000 “
“
.............................................................
10.00
$ 9 “
17.00
22c
it
u $12___ ___ .......... . 20.00
$10 “
“
25c
h
h
$12 “
“
$14_______ ______ 21.00
26c
a
it $16.........
Note: When transactions are in securities which are dealt in on another
$14 “
.
______
22.00
27c
a
a $18_______ ______
$16 “
“
Exchange which prescribe commission rates lower than the above, members
23.00
28c
ti
tt $ 2 0 . ______ ______
$18 «
24.00
29c
may charge such lesser rates of commissions.
u
tt $ 2 5 . . . . . . . . ______
$20 «
25.00
30c
it
it $ 3 0 . . . ___ x ............
$25 “
“
26.00
31c
tt
tt
$30 “
$ 3 5 ............. ______ 27.00
32c
a
tt $40_______
$35 “
“
______ 28.00
33c
u
u $45_______
$40 “
ft
_____
_
29.00
34c
a $50_______ ______
“
$45 “
“
30.00
35c
At $50—______________________ ________
Above $50—the rate shall be that prescribed
for $50 to which, for each $10 increase in
share price above $50, shall be added_____
31.00
36c
1.00
lc
Adams-FastnoW Company, 215 W. 7th St.
Akln-Lambert Co., 639 S. Spring St.
Bacon & Co., 256 Montgomery St., San Francisco.
Bankamerica Co., 650 S. Spring St.
Barbour, Smith & Company, 210 W. 7th St.
Bateman, Eichler & Co., 453 S. Spring St.
Bayly Brothers, 727 W. 7th St.
Bingham, Walter & Hurry, Hilgers & Co., 621 S.
Spring St.
Bogardus, Frost & Banning, 629 S. Spring St.
Brashears, G. & Co., 510 S. Spring St.
Cass Associates, Quincy, 530 W. 6th St.
Cavanaugh, Morgan & Co., 634 So. Spring St.
Crowell. Weedon & Co., 650 S. Spring St.
Dunk-Harbison Co., 634 S. Spring St.
MEMBERS
Ellis, Jr., S. H., 543 S. Spring St.
Fairman & Co., 650 S. Spring St.
Fewel, Marache & Co., 453 So. Spring St.
Gregory, R. N. & Co., 210 W. 7th St.
Gross, Martin & Co., 639 So. Spring St.
Hill Richards & Co., 621 So. Spring St.
Hogle. J. A.. & Co., 532 W. 6th St.
Hopkins-Hughey & Co., 609 S. Grand Ave.
Hutton, E. F. & Co., 623 S. Spring St.
Jones & Co., William H., 215 W. 6th St.
Kerr & Bell, 629 S. Spring St.
KIDDER, PEABODY & CO., 17 Wall St., New
York, N. Y.
Lester & Co., 621 So. Spring St.
Longan, Dunn & Philleo, 621 S. Spring St.
Lopez & Co., 914J4 So. Serrano St.
Miller & Co., Revel, 650 S. Spring St.
Mitchum, Tully & Co., 650 S. Spring St.
Morris, A. W. & Co., 325 W. 8th St.
O’Melveny-Wagenseller & Durst, 626 S. Spring St.
Pacific Company of California, 623 South Hope St.
Rath, Howard G. Co., 523 W. 6th St.
Searl-Merrick Company, 634 S. Spring St.
Staats, Wm. R. Co., 640 South Spring St.
Sutro & Co., 210 W. 7th St.
Turner, Poindexter & Co., 639 So. Spring St.
Walker, M. S„ & Co., 125 E. First St., Long
Beach
Wyeth, & Co., 647 S. Spring St.
SAN FRA N CISCO ST O C K EXCHANGE
(Board Room: 155 Sansome St.)
Ronald E. Kaehler, Executive Vice-President;
Frank M. Dwyer, Vice-President;
Ruth Kapelsky, Secretary.
The Anglo California National Bank, San Francisco, Treasurer.
MINIMUM RATES OF COMMISSION
on Stocks, Rights and Warrants
(Hereinafter Referred to as Stocks)
In Effect March 16,1942
MINIMUM CHARGE *
Per
Odd Lots M inimum
SELLING PRICE
100 Shares Per Share
Charge
Per Share
On any individual transaction in stocks, rights and warrants which origin
ates in Northern California the Minimum Charge shall be as follows:
Pro
10c
1/256 of $1_______
it Rata
It
Minimum
15c
1/128 of $1_______
Charge
Amount Involved in a Transaction:
1 /64 of $1 and above but under 2/32
It
tt
Discretionary
i 10.00.
Less
than------------50c
of $1___________
it
tt
$ 2.50
50.00.
$ 10 but less than
50c
2/32 of $1________
it
It
5.00
100.00.
50 “ “
“
Over 2/32 of $1 but under 8/32 of $1 $ 1.00
6.00
300.00.
100 “ “
“
8/32 of $1 and above but under 1/2
tt
tt
7.00
500.00.
2.00
300 “ “■ %
o f $ l ......................
it
It
8.00
700.00.
500 “ “
“
4.00
1/2 of $1 and above but under $ 1 ...
9.00
700 “ “
“ 1000.00.
6.00
$
2
___
11c
$ l and above but under
10.00
if $ 3 ___
1000 and over.
7.00
12c
$ 2 “
“
B
tt
On
round
lot
transactions
(100
shares)
the
Minimum
Charge
shall
be in
9.00
14c
$$ 43 “«
“
“
it $$ 45 ___
accordance with the foregoing schedule or the rate for 100 shares whichever
10.00
15c
___
tt
is
the
greater.
13.00
18c
$ 5 “
“
“
tt $ 6 ___
On odd lot transactions, whenever the charge computed on the odd lot
14.00
19c
$ 6 “
“
It $$ 87___
rate is higher than the round lot rate (100 shares) for the same stock at the
15.00
20c
___
$ 7 “
tt $ 9 ___
same price, the latter amount or the Minimum Charge, whichever is the
16.00
21c
$ 8 “
“
“
tt $ 1 0 ___
greater, shall apply.
17.00
22c
$ 9 “
“
“
tt $ 12___
BONDS
20.00
25c
$ 10 “
“
“
it
Rate per $1,000 of Principal
21.00
26c
See Following
$ 14___
$ 12 “
it
on Orders of
22.00
27c
column
$ 16___
$ 14 “
“
“
it $ 18___
PRICE PER $1,000
1 or 2
3
4
5 or more
23.00
28c
$ 16 1
g
“
it
OF
PRINCIPAL:
Bonds
Bonds
Bonds
Bonds
24.00
29c
$ 20___
$ 18 “
“
“
It $ 2 5 ..._
25.00
30c
Selling at:
„„
$ 20 “
“
it
Less than $10.00...________
$1.50
$1.20
$ .90
$ .75
26.00
$ 30___
31c
$ 25 I
“
U $ 3 5 ...:
27.00
32c
$
10.00
and
above
but
under
$30 “ “
i
tt $ 40___
$100.00................. .
2.50
2.00 < 1.50
1.25
28.00
33c
$ 35 f.
“
It $ 4 5 . . . .
29.00
34c
100.00 and above______— .
5.00
4.00
3.00
2.50.
$ 40 “
It $ 50___
On transactions in bonds having a maturity of less than eighteen months
30.00
35c
$ 45 “
“
tt $ 60___
31.00 •
from .the date of the transaction, the Commission charge shall be optional.
36c
$ 50 “
“
“
It $ 70___
32.00
37c
$ 60 “
$ 8 0 ....
33.00
38c
MAILING CHARGES
$ 70 “
“
“
it $ 85___
39c
34.00
$ 80 “
“
“
On all shipments of securities for customers (or incident to customers’ pur
it $ 9 0 -.-35.00
40c
$ 85 “
“
“
chases or sales), whether eastbound or westbound, insurance and postage
tt $100___
36.00
41c
$ 90 “
“
shall be charged to all customers at the following rates:
it $ 1 1 0 ....
37.00
42c
$100 “
“
“
REGULAR MAIL (RAIL): 15c per $1,000 of market value on nonnegotiable securities with a minimum charge of 30c; 20c per $1,000
$110 and above:
market value on negotiable securities with a minimum charge of 45c. Ain
1.00
lc
For each $10.00 increase in price add.
MAIL: 30c per $1,000 of market value on non-negotiable securities with a
ON TRANSACTIONS IN STOCKS, RIGHTS AND WARRANTS
minimum charge of 50c; 50c per $1,000 of market value on negotiable
WHICH ARE LISTÉD OR ADMITTED TO UNLISTED TRADING
securities with a minimum charge of 75c. If a member accounts to a custom
PRIVILEGES ON ANOTHER NATIONAL SECURITIES EXCHANGE,
er for several orders involving one shipment, the total proceeds may De
MEMBERS MAY CHARGE NOT LESS' THAN THE MINIMUM
added and the insurance and postage charges may be made on the total
proceeds at the rates above specified.
COMMISSION RATES IN EFFECT ON SUCH EXCHANGE, EXCEPT
*Effective June 9, 1942.
AS NOTED UNDER THE SCHEDULE OF MINIMUM CHARGES.
Officers: Sidney L, Schwartz, President;
Further Information on firms appearing In bold face type will be found In the selected list of Investm ent Dealers following bank list In each city*
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
STOCK EXCHANGE MEMBERS*
1953
SAN FRA N CISCO S T O C K EXCHANGE—Continued
GENERAL RULES
Partial Executions
Transactions—More Than 100 Shares
When an order (either market or limit) for more than 100 shares includes
an odd lot, and the odd lot is executed at a price different from that of the
round lot, the commission on the odd lot shall be at the round lot rate applic
able to the execution price of the odd lot, irrespective of the date of execution
of the odd lot.
This rule applies also to inactive odd lot stocks having a trading unit of
10 shares.
When a PM P order (either market or limit) for more than 100 shares in
cludes an odd lot, and the odd lot is executed on this Exchange but the round
lot on another exchange, the two executions, for commission purposes, shall
be regarded as “one transaction,” provided the order is first placed on this
Exchange, except that this provision need not apply to an order received
Adams, W. W., 465 California St.
Adams, W. W. & Co., 465 California St.
Agnew, Wm. H., 405 Montgomery St.
Alanson, Bertram E., 486 California St.
Alanson Bros. & Co., 486 California St.
♦American Brokerage, Inc., Montgomery St. at
Columbus Ave.
Atkinson, Douglas G., 155 Sansome St.
Bacon & Co., 256 Montgomery St.
Bacon, Wm. R„ 256 Montgomery St.
Baerwald, Ernst., Suite 12, Mills Bldg.
♦Bankamerica Company, 300 Montgomery Street
Barth & Co., J., 482 California St.
Beri, Edwin D., 256 Montgomery St.
Blessing, Don, 490 California St.
Bolton & Co., Robert C., 486 California St.
Bond, Pierce & Co., 519 California St.
Bond, Paul G„ 519 California St.
Clayburgh, Herbert E., 482 California St.
Coons, Milton & Co., 232 Montgomery St.
Davies & Co., 2800 Russ Bldg.
Davis, Skaggs & Co., 211 Montgomery St.
Ducato, Alfred, 216 Montgomery St.
Duncan, Calvin E., 519 California 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, Douglass & Co., 317 Montgomery St.
Ehrman, Jr., Alexis L„ 133 Montgomery St.
•Elworthy & Co., I l l Sutter St.
Epstein, Gustav, 482 California St.
Fay, Jr., Charles W., 155 Sansome St.
after the close of the San Francisco market for execution at the opening
price on the primary market.
Lim it Order
When a client, after a part of a limit order (less than 100 shares) is executed
within the limit price, changes the limit (or converts the remaining shares
into a market order), the unfilled balance need not be treated as a new order
in computing commission charges. ,
Commission Charge
On the partial execution of an order, where the charge for complete execu
tion would equal a commission charge for 100 shares, commission should be
charged at the odd lot rate applying to such partial execution until the 100
share rate has been earned. Subsequent executions need not show any
commission charge but must recite the fact that such commission has been
charged on previous partial execution.
MEMBERS AND MEMBER FIRMS
Greene Howard J„ 407 Montgomery St.
Greenwood-Raggio & Co., 1501 Russ Bldg.
Gross, Richard P., 127 Montgomery St.
Heron, Donald, 604 Kohl Bldg.
Hoelscher, Sherman, 265 Montgomery S
Hoffman, C. P., 265 Montgomery St.
Holt, Edison A., 569 Russ Bldg.
Holt & Collins, 569 Russ Bldg.
Hooker & Fay, 155 Sansome St.
Howell, James B„ III, 561 Ramona St., Palo Alto.
Jacobsen, Rudolph E., 486 California St.
Johnson, Joseph A., 490 California St.
Kahn & Co., Sidney P., 482 California St.
Kanter & Gross, 127 Montgomery St.
Keyston & Co., 155 Sansome St.
Keyston, F. B. Co., 57 Post St.
Keyston, George N„ 155 Sansome St.
Koshland, Max I., & Co., Suite 12, Mills Bldg
Larkin, Emmett A., 155 Sansome St.
Lawson. Levy & Williams, 1 Montgomery St.
Leib, William F„ 3014 Russ Bldg.
Leib, O’Connor & Co., 3014 Russ Bldg.
Lundborg, Irving & Co., 604 Kohl Bldg.
Lutich, Harold W., 482 California St.
Mason Brothers. Central Bank Bldg., Oakland and
1062 Russ Bldg.
Mason, Harold G., Central Bank Bldg., Oakland.
Maxwell, Victor T., 1 Montgomery St.
McNear & Company, 362 Russ Bldg.
McNear. Edward H., 362 Russ Bldg.
Mejia, Arthur R., 2800 Russ Bldg.
Merrill Lynch, Pierce, Fenner & Beane, 221
Montgomery St.
Miller, Q. WTillard, 45 Montgomery St.
(Associate Members*)
Mitchum, Tully & Co., 405 Montgomery St.
Monasch & Co., 485 California St.
Monasch, Jr., David, 485 California St.
Needham & Co., 561 Ramona St., Palo Alto.
Parrish, Earl T., 155 Sansome St.
Purrington, Elwin E., 57 Post St.
Raggio, John, 1501 Russ Bldg.
Raiss, Carl, & Co., 256 Montgomery St.
Raiss, Louis C., 256 Montgomery St.
Schwartz, Sidney L., 407 Montgomery St.
Shaughnessy, Frank C., & Co., 612 One Eleven
Sutter Bldg.
Shaughnessy, Frank C., 612 One Eleven Sutter
Bldg.
Shaw, Hooker & Co., 1 Montgomery St.
Simon, Richard 0., 482 California St.
Skaggs, C. W., 211 Montgomery St.
*Staats, Wm. R., Co., 155 Montgomery St.
Stewart, Rice & Ducato, 216 Montgomery St.
Strassburger & Co., 133 Montgomery St.
Sutro & Company, 407 Montgomery St.
Swift & Co., Henry F., 490 California St.
Traylòr, John G., 57 Post St.
Van der Naillèn, Ralph E„ 317 Montgomery St.
Walston, Hoffman & Goodwin, 265 Montgomery
St.
Williams, Harold B„ 1 Montgomery St.
W itter & Co., Dean (Consolidated with Wm. Cavalier
& Co., 45 Montgomery St.)
Wilson, Francis A.. 1112 Russ Bldg.
Woods, Wm. W., 221 Montgomery St.
10 inactive memberships are not included in the
above list.
CO LO RADO
COLORADO SP R IN G S STO C K EXCHANGE
President—William Gray, Mining Exchange Bldg.
Secretary— C. M. Balkam, 418 Mining Exchange Bldg.
BATES OF COMMISSION
Adopted December 31,1925
Under lc per share.......................................................$ .50 per 1,000 shares
ON BONDS
At lc and under 2c per share.....................................
.75 per 1,000 shares
(Effective July 17, 1934)
At 2c and under 5c per share.................. 1................. 1.25 per 1,000 shares
At 5c and under 10c per share.................................. 2.00 per 1,000 shares
$1.50 per $100 bond—for total par values of $100 to $500 inclusive.
At 10c and under 20c pershare.......... ..........................3.00 per 1,000 shares
$3.00 per single bond of $1,000 par value.
At 20c and under 30c pershare___ ......................... 4.00 per 1,000 shares
$2.50 for each bond in even multiples of $1,000 par value.
At 30c and under 40c pershare........ ...........
5.00 per 1,000 shares
At 40c and under 50c pershare...........................
6.00 per 1,000 shares
At 50c and under 75c per share......................______ 7.50 per 1,000 shares
BOARD-LOTS
At 75c and under $1.00 per share___ _
10.00 per 1,000 shares
At $1.00 and under $2.00 per share................ ______ 2.00 per 100 shares
5.000
shares
in
stocks
selling
at less than 2c per share.
At $2.00 and under $3.00 per share...................... ___ 4.00 per 100 shares
1.000 shares in stocks selling at 2c and less than 50c per share.
At $3.00 and under $5.00 per share......... .............. 5.50 per 100 shares
500 shares in stocks selling at 50c and less than $2.00 per share, except
At $5.00 and under $10.00 per share............ rI___-_ 7.50 per 100 shares
the shares of the Holly Development, Holly Oil, in which 100 shares consti
•At $10.00 and under $25.00 per share................ . 15.00 per 100 shares
tute a board-lot.
At $25.00 and over per share.. .............................. 25.00 per 100 shares
100 shares in stocks selling at $2.00 and less than $10.00 per share.
(Minimum commission shall not be less than $1.00 on an individual
10 shares in stocks selling at $10.00 and over per share.
transaction.)
•Golden Cycle Corp.—20c per share.
Dally quotations are for board-lots only
Balkam, C, M., 338 First N at’l Bk. Bldg.
Gray, William, Mining Exchange Bldg.
Hopkins, C. D., Jr., Mining Exchange Bldg.
Hughes, E. W. & Co., Ex, N at’l Bk. Bldg.
MEMBERS
Leipheimer, N., Independence Bldg.
Magruder, J. A., Golden Cycle Bldg.
C. M. Brown, Mining Ex. Bldg.
D IS T R IC T
Sachs, Henry, First N at’l Bk. Bldg,
Young, H. A., Independence Bldg.
Young, R. S„ Independence Bldg.
O F C O L U M B IA
WASHINGTON STO C K EXCHANGE
632 Washington Bldg.
Washington Stock Exchange Officers:
George M. Ferris, Pres.
Harold C. Patterson, Sec.
Edson B. Olds, V. P.
James Parker Nolan , T n
COMMISSION CHARGES
(Effective April 1, 1942)
BONDS
Commission Rates per $1,00Q (of Principal) Bond:
Selling
Selling
,
Amount
1 to 9% 10 and Above
l o r 2 b o n d s _ _ ____________ ________ _________ $2.50
$5.00
3 bonds.____________ ■_____ ___________ ______
2.00
4.00
4 bonds..---------------------------------------- --------1.50
3.00
5 bonds._________ __________________________
1.25
2,50
STOCKS
Under 50c
;----------------------- ,__----- ------------------- ___ ij^ c per share
50c t o o t h s . ----- ----- ----------______-------------------------5c per share
1 t° if f th s ----------------------__________-------------- — 7J^c per share
2 t° 4%ths___------------- ______--------------- ------------ 10c per share
ini0
------------------ -------------------- --------- ,_____15c per share
î°
--------- - - ----- - - - - - - - -------------- -------- --- 1 7 c per share
I f to ?4% ths--------------------- Î------ ___----------_5._— __25c per share
f f to 49%ths.......... — ............... .........................................35c per share
50 to -99%ths------------ -— j---------------------------- 8_____50c per share
100 to 109%ths— ,_____ ______________ ______________ 60c per share
For each additional $10 or fraction thereof, 5c per share additional.
Commission on Rights shall be the same as those fixed for stocks.
Fractional shares, K of regular commission.
Minimum charge on transactions amounting to $10 and under $50, 6 %
of amount, or $1.00, whichever is higher.
$50 and under $100, $3.00.
$100 and above, $5.00.
Further infermation on firms appearing in bold lace type will be found in the selected list of Investm ent Dealers following bank list in each city.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
1954
STOCK EXCHANGE MEMBERS
WASHINGTON S T O C K EXCH ANGE—Continued
Anglin, Thos. L„ Woodward Bldg.
Auchincloss, Parker & Redpath, 719 15th St.,
N. W.
Barrett, Herrick & Co., Inc., 719 15th St., N. W.
Booker, Yelverton E., American Security Bldg.
Booker, Y. E., & Company, American Security
Bldg.
Brawner, Jno. F., 1700 Eye St., N. W.
Brewer, Jr., Joseph Newton, c/o Robert C. Jones
& Co., Metropolitan Bank Bldg.
Brown, Goodwyn and Olds, American Security
Bldg.
Casilear, R. A .(E state of), 318 7th St., N. W.
Coe, Wm. C., Woodward Bldg.
Cramer, G. Fenton, 1700 Eye St., N. W.
Dulin, Jr., James C„ Hibbs Bldg.
Elgin, James C.. Hibbs Bldg.
Erwin, Henry P., Hibbs Bldg.
Exnicios, Marshall O., Washington Bldg.
Ferris Exnicios & Co., Inc., Washington Bldg.
Ferris, George M., Washington Bldg.
MEMBERS
Folger, Nolan & Co., Inc., American Security Bldg.
Garrett, George A., 815 15th St., N. W.
Gockeler, C. J., 11 South Newark St., Ventnor,
N. J.
Hall, Frank M., Southern Bldg.
Hall, Peters and Bryson, Southern Bldg.
Hibbs, W. B. & Co., Hibbs Bldg.
Hillyer, Edward L., c/o Union Tr. Co., 15th & H
Sts., N. W.
Hoffman. John M„ 719—15th St., N. W.
Howard, G. Clifford, American Security Bldg.
Hume, Charles W., 917-15th St., N. W.
Jacobsen, Charles, 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.
Jones & Co., Robert C., Shoreham Bldg.
Kreeger, Joseph P., Metropolitan Bank Bldg.
Lemon, James H., Southern Bldg.
Mackall, William W., Woodward Bldg.
Mackall & Coe, Woodward Bldg.
McCammon, Joseph K., 719-15th St., N. W.
Nees, Bernard J., Southern Bldg.
Nolan, James Parker, American Security Bldg.
O’Brien, Robert Lee, Jr., American Security Bldg.
O’Donnell, James, Catonsville, Md.
Olds, Edson B., American Security Bldg.
Patterson, Harold C., 719 15th St., N. W.
Perry, J. Carl, Hibbs Bldg.
Quail, Myles H„ American Security Bldg.
Reeside, A. Harmer, c/o Johnston Lemon & Co.,
Southern Bldg.
Robinson, T. Baker, Union Trust Bldg.
Robinson, Rohrbaugh & Lukens, Union Trust Bldg
Rodler, Paul P., Hibbs Bldg.
Rohrbaugh, Austin B., Union Trust Bldg.
Thoron, Benjamin Warder, 2900 N. St., N. W,
Waggaman, Brawner & Co., Inc., 1700 Eye St.,
Wales, Kenneth S., 815 15th St., N. W.
Wales & Company, Inc., K. S., 815 15th St., N. W
Wilkins, John F. (Estate of), 15th and Pa. Ave.,
N. W.
H A W A II
HONOLULU ST O C K EXCHANGE
Officers; R. K. Thomas, President; C. M. Cooke, III, Vice-President; Geo. E. Parker, Executive Secretary; Cooke Tr. Co., Ltd., Treasurer.
MINIMUM RATES OF COMMISSION
Adopted by
HONOLULU STOCK EXCHANGE
Effective March 23,1942
On stocks, rights and warrants executed locally—listed and unlisted
Selling below $ 0 . 1 0
0.01
per share
Selling a t
$ 40.00 and under $50.00 0.37
per share
Selling
at
0.10 and under $ 0.50 O .O ltf
50.00
60.00 0.42
it
u
0.50
“
ff
1.00
0.02
60:00
70.00
0.42
if
it
1.00 “
“
2.00 0.03
70.00
80.00 0.50
it
it
2.00 “
3.00 0.05
80.00
90.00 0.50
i*
tt
3.00
“
“
4.00
0.07
90.00
100.00 0.50
tt
a
4.00
«
“
5.00 0.10
100.00
above
a
tt
5.00 “
“
6.00 0.12
M inimum Commission Rates on Stocks, Rights and Warrants—
tt
a
6.00 “
“
7.00 0.14
When the amount involved in the transaction is less than $5.00, the com
a
a
7.00
“
“
8.00
0.16
mission
shall be as mutually agreed. When the amount is $5.00 or more,
u
a
8.00 “
“
9.00 0.18
but less than $10.00, the minimum commission shall be $1.00. When the
a
u
9.00 “
“
10.00 0.20
amount
involved
is $10.00 or more, but less than $50.00, the minimum com
tt
tt
10.00 “
“
15.00 0.24
mission shall be $2.00. Otherwise, the minimum commission shall be $3.00
tt
tt
15.00 “
“
20.00 0.26
on each individual transaction.
tt
it
20.00 “
“
25.00 0.30
On Bonds—One (1) to two (2) bonds inclusive, $5.00 per bond; three (3)
a
it
25.00 «
“
30.00 0.32
to four (4) bonds, inclusive, $4.00 per bond; five (5) bonds and above,
tt
tt
30.00 “
“
40.00 0.35
$3.75 per bond.
Andrade, Joe, 89 Merchant St.
Bishop Trust Co., Ltd., 1415 King St. Bldg.
Campbell, A. J., Ltd., 79 Merchant St.
Cooke Trust Co., Ltd., 920 Fort St.
MEMBERS
E
lurray & Co., Ltd., 239 Merchants
Hawaiian Trust Co., Ltd., 120 S. King St.
Love, W. A., P. O. Box 578.
Rice, Jr., A. H., 227 S. King St.
Walker, Samuel A., 828 Fort St.
Witter, (Dean) & Co., 115 Merchant St.
IL L IN O IS
CHICAGO STO C K EXCHANGE
(120 South LaSalle St.)
Officers: Arthur M. Betts, Chairman of the Board;
Emmet G. Barker, Chairman Executive Committee;
Kenneth L. Smith, President;
Sidney L. Parry, Vice-President;
R. Arthur Wood, Vice Chairman, Executive Committee;
C. R. Bergherm, Vice-President •
Martin E. Nelson, Treasurer Emeritus;
Walter R. Hawes, Secretary;
William F: Black, Treasurer;
Carl E. Ogren, Assistant Secretary„
RATES OF COMMISSION
ARTICLE XVI
(a2) On business for members of the Exchange when a principal is not
COMMISSIONS
given up, the commission shall be no t less than the following:
Section 1. Commissions shall be charged and paid under all circum
Selling at less than 1% of face
stances, upon all purchases or sales of securities dealt in upon the Exchange
As may be mutually agreed upon.
value of principal—
wherein a member acts as an agent and shall be absolutely net and free
from all or any rebatement, return, discount or allowance. (Except as per
Selling at 1% or above but under
mitted under the Rules governing transactions off the floor and except where
Not less than 62J^c per $1,000 face
10% of face value of principal—
on written application an arrangement between members and/or member
value of principal.
firms has been approved by the Board of Governors,) no bonus or any per
Selling at 10% of face value of
centage or portion of the commission shall be given, paid or allowed, directly
Not less than $1.25 per $1,000 face
principal and above—
or indirectly, or as a salary or portion of a salary, to any clerk or person for
value of principal.
business sought or procured for any member of the Exchange.
When a member acts as a principal in a transaction with a non-member,
(a3) On business for members of
Exchange when a principal is given
the price charged to the non-member shall reflect an amount equal to the
up, the commission shall be not less
a the following:
commission prescribed for a similar transaction if made on an agency basis.
Sec. 2. Commissions shall be calculated on the basis hereinafter specified:
Selling at less than 1% of face
As may be mutually agreed upon.
value of principal—
BONDS
(a) On bonds, having more than five years to run:
Selling at 1% or above but under
Not less than 25c per $1,000 face
(al) On business for parties not members of the Exchange, including
10% of face value of principal—
value of principal.
joint account transactions in which a non-member is interested; transactions
for partners not members of the Exchange; and for firms of which the
Selling at 10% of face value of
Not less than 37J^c per $1,000 face
Exchange member or members are' special partners only, the commission
principal and above—
value of principal.
shall be not less than the following:
Rates Per $1000 of Principal
Yb) On securities of the United States, Porto Rico and the Philippine
On Orders On Orders On Orders On Orders
Islands, and of states, territories and municipalities therein, on business
Price per $1000 of
o f 1 or 2
of 3
for members of the Exchange as well as non-members, the restrictions as to
of 4
o f 5 or
Principal
Bonds
minimum commissions contained in this Article shall not be applicable, but
Bonds
Bonds
More
the rates to be charged shall be such as may be mutually agreed upon.
Bonds
Selling at less than $10__ $1.50
$1.20
$0.90
$0.75
Selling at $10 and above
(c) On Bonds or Notes of Foreign Countries having five years or less
but under $ 1 0 0 ___ _
2.50
2.00
1.50
1.25
to run; Bonds, Notes of Corporations having five years or less to run; such
Selling at $100 and above.
5.00
4.00
3.00
2:50
rates to members or non-members as may be mutually agreed upon.
Farther Information on Arms appearing In bold face type will be found In th e selected list o f Investm ent Dealers following bank list In each city.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
STOCK EXCHANGE MEMBERS
1955
CHICAGO ST O C K EXCHANGE—Continued
BATES OF COMMISSION—Continued
STOCKS
(f) In transactions where orders are received from a member on which
the clearing member is given up by said member or by his order, the respon
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
to the clearing member and, to bill and collect from it therefor at the rate
specified in paragraphs (a3), (b), (c) and (d3) hereof; and also that where
a broker executes an order for a member and clears the security himself,
he must charge the rates specified in paragraphs (a2), (b), (c) and (d2)
hereof.
(g) The minimum charge for the service of clearing members’ trans
actions shall be not less than the difference between the prescribed minimum
rates for clearance and give-up business in paragraphs (d2) and (d3) of
this section.
(h) The commission rate to non-members and members on stocks which;
pursuant to call or otherwise, are to be redeemed within twelve months shall
be not less than one-half the rates prescribed in Section 2 and Section 3 of
this article.
Sec. 3 . The minimum commission on transactions in stocks for non
members shall:
(a) when the transaction involves less than $10.00, be as mutually
agreed upon;
(b) when the transaction involves $10.00 or more but less than $50.00,
be 6% of such amount or $1.00, whichever is greater without regard to the
rate per share;
(c) when the transaction involves $50 or more, but less than $100, be
$3 or the rate per share, whichever is greater, and
(d) when the transaction involves $100 or more, be $5 or the rate per
share, whichever is greater.
Provided, however, that the commission to be charged on a single order
to buy or sell a stated number of shares of a single security at a single price,
although price changes may be made within the time limit of the order,
shall be calculated on the basis of one order without regard to the number
of transactions involved in the execution of the order; and provided further,
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
differential taken into consideration in the price of the odd-lot shall be
calculated on the basis of one order.
(e) Upon business for members of the Exchange the minimum commis
sion on one transaction in stocks shall be $1 upon stocks selling at $10 and
above per share, and 50c upon stocks selling below $10 per share but not
less than $1 per share; except that the commission charged a registered oddlot dealer by an odd-lot agent shall be calculated in accordance with para
graph (d3) of Section 2 of this Article without minimum.
(d)
On Stocks, Rights and Warrants (hereinafter referred to as stocks),
except on called stocks:
(dl) On 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.:
Cents
On Stocks Selling
Per Share
at 1/256 of $1
0.1
at 1/128 of $1
0.15
at 1/ 64 of $1 and above but undèr 2/32 of $1
0.5
at 2/ 32 of $1
0.5
over 2/ 32 of $1 but under 8/32 of $1
1
at 8/ 32 of $1 and above but under 1/2 of $1
2
at 1/ 2 of $1 and above but under 81
4
at $1 and above but under $ 2
6
at $2 and above but under $ 3
7
at 83 and above but under $ 4
8
at $4 and above but under $ 5
9
at $5 and above but under $ 6
10
at 86 and above but under 8 7
11
at 87 and above but under 8 8
12
at 88 and above but under 8 9
13
at 89 and above but under 810
14
at$10
15
above $Ì0 but under $90
The 15-cent base rate plus
M of 1% of the price per
share above $10.
at $90 and aboye
35
Provided, however, that the minimum commissions on non-member
business shall be not less than as provided in Sections of this Article.
(d2) On business for members of the Exchange when a principal is not
given up, the commission shall be not less than the following:
Cents
On Stocks Selling
Per Share
at 1/256 of 81
~ 0.05
at 1/128 of 81
0.1
at 1/ 64 of 81 and above but under 2/32 of 81
0.2
at 2 / 3 2 of 81
0.375
over 2/ 32 of 81 but under 8/32 of 81
0.5
at 8/ 32 of 81 and above but under1/2 of 81
0.75
at 1 / 2"of $1 and above but under 81
0.8
at 81 and above but under 810
l .8
at 810 and above but under 850
3 .9
at 850 and above but. under 8100
4.1
at 8100 and above but under8125
4.2
at 8125 and above
5 .3
Sec. 4. No suspended member, nor any firm registered on the Exchange
by reason of his membership, shall be entitled to members’ rates during the
time of suspension, except members’ rates may be charged where suspension
has been for insolvency.
Provided, however, that the minimum commissions on Individual trans
actions shall be not less than as provided for in Section 3 of this Article. ,
(d3) On business for members of the Exchange when a principal is given
up, the commission shall be not less than the following:
On Stocks Selling
Per Share
at 1/256 of 81
0.05
at 1/128 of 81
0.1
at 1/ 64 of 81 and above but under2/32 of 81
0.1
at 2/ 32 of $1
0.25
over 2/ 32 of $1 but under 8/32 of 81
0.25
at 8/ 32 of 81 and above but under1/2 óf 81
0.5
at 1/ 2 of $1 but under 81
0.5
at $ 1 and above but under $ 10
1.3
at 8 10 and above but under 8 50
2.6
at 8 50 and above but under 8100 ■
2.7
at 8100 and above but under 8125
2.8
at 8125 and above
3.3
Sec. 5. No agreement or arrangement shall be entered into between a
member or his firm and a customer, whereby special and unusual rates of
interest are stipulated or money advanced upon unusual terms are made a
condition in connection with the conducting of an account, with intent
thereby to give special or unusual advantages to such customer, for the
purpose of securing his business. Mailing charges on securities and the
registration fee under the Securities Exchange Act of 1934 shall be charged
the customer.
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
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
for by the broker, interest must be charged from that date to the date of
payment. Where a material or more than nominal loss is sustained, either
through bank exchange or interest, the same must be charged to the cus
tomer; except that bank exchange or interest on all transactions made on a
single day for a single customer, aggregating less than one dollar, need not be
regarded as material and may be waived by the broker.
Provided in no case shall the minimum commission be less than as pro
vided for in Section 3 of this Article.
(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
member, the responsibility of collecting the full commission as specified in
paragraphs (al), (b) and (dl) hereof, shall rest with the broker or clearing
member settling the transaction.
Sec. 7. Any member wilfully violating this Article, directly or indirectly,
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
the second offense shall be expelled.
Sec. 8. Notwithstanding any of the foregoing provisions, a member
may, at his option, on transactions in securities listed bn this Exchange, but
executed on another exchange, of which he is a member, charge the rates
of such other exchange.
MEMBEBS
Abbott, Proctor & Paine, 14 Wall St., New York,
N. Y.
■
Anderson, Robert B., 1335 E. 52nd St.
Andrew, L. A„ Jr., at J. S. Bache & Co., 135 S.
La Salle St.
Andrews, E. T. & Co., 64 Pearl St., Hartford, Conn.
Annan, David H., 141 W. Jackson Blvd.
Apgar, Daniels & Co., 120 S. LaSalle St.
Appleyard, Geo. S„ 14 Wall St., New York, N. Y.
Archer, W. K. & Co., 109 W. Tenth St., Kansas
City, Mo.
Armstrong, Frederick W., 132 W. Monroe St.
Avery, Clarence F., 11 Broadway, New York, N. Y.
BACHE, J. S. & CO., 135 S. LaSalle St.
BACON, WHIPPLE & CO., 135 S. LaSalle St.
Baker, Alfred L. & Co.. I l l S. LaSalle St.
Bear, Stearns & Co., 9 S. LaSalle St.
Becker, Paul M., 205 Lake Park PL, Libertyville,
Bell & Farrell, 119 Monona Ave., Madison, Wis.
Bennett, James E. & Co., 141 W. Jackson Blvd.
Benz. George W., 191 E. Kellogg Blvd., St. Paul,
Minn.
Benz, Herbert G., 191 E. Kellogg Blvd., St. Paul,
Mmn.
Bidgood, Clyde H., 141 W. Jackson Blvd.
Blesch, Joseph G., 1362 Jarvis Ave.
Bloommgston, Jno. A., 160 N. LaSalle St.
Blum, Harry H., 630 S. Michigan Ave.
Blumenthal & Ward, 120 S. LaSalle St.
Bodman, Harold C., 220 E. Walton PI.
Boorman, Earl D„ Box 263 M., Menlo Park.
Calif.
Boren, W. Howard, 162 Almendral Ave., Ather
ton, Calif.
Boyce, W. Graham, Jr., 1819 Broadway, New
York, N. Y.
Brailsford & Co., 208 S. LaSalle St.
Brewster, Walter S., 2704 Lake View Ave.
Bridgen, Clarence J.. 209 S. LaSalle St.
Bright, Elmer H., & Co., 84 State St., Boston,
Mass.
Britton, C. W. & Co., Badgerow Bldg., Sioux
City, la.
Brockhaus, Philip W., 208 S. LaSalle St.
Brown Brothers Harrim,an & Co., 135 S. LaSalle St.
Brown, J. Dorsey. 4306 Greenway, Baltimore. Md.
Brown, Joseph P., 120 S. LaSalle St.
Brown,Sherman J.,10 N.EighthSt.,Richmond,Ind.
Buhler, Walter J., 120 S. LaSalle St.
Burdick, John R„ Jr., 208 S. LaSalle St.
Burmeister, Jno. C., Jr., 120 S. La Salle St.
Byrne, Edward J., Long Beach, Michigan City,
Ind.
Cahn, Morton D., 120 S. LaSalle St.
Garter, Ford R., 120 S. LaSalle St.
Cavaney, James A., 141 W. Jackson Blvd.
Chapin, Simeon B., 61 Broadway, New York, N. Y.
Clayton, Gilbert M., 1928 Morse Ave.
Cleary & Co., 120 S. LaSalle St.
Clement, Curtis & Co., 134 S. LaSalle St.
Clucas, E. W.. & Co., 70 Pine St., New York.N. Y.
Coleman, Clarence L., 33 N. La Salle St.
Cook, Charles K., Est. of., 52 Wall St., New York.
Cotton, Earl H:, First N at’l Bank Bldg., Dallas,
Tex.
Further information on firms appearing In bold face type will be found in the selected list of Investm ent Dealers following bank list in each city
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
1956
STOCK EXCHANGE MEMBERS
CHICAGO STO C K EXCHANGE—Continued
MEMBERS—Continued
Coultry, Gilbert H., 552 Aldine Ave.
Craigie, James, 120 S. LaSalle St.
Curran, Peter A., 120 S. LaSalle St.
Daniels, Roy I., 141 W. Jackson Blvd.
Davis, Maurice, 231 S. La Salle St.
Davis, Paul H. & Co., 10 S. LaSalle St.
Dempsey-Detmer & Co., 135 S. La Salle St.
Dernbach, George E., 5901 Kenmore Ave.
D itt, Paul C., 1119 Bonnie Brae, River Forest, 111.
Doering, Otto C.. 333 N. Michigan Ave.
Doty, Arch C., 105 W. Adams St.
Deugall, Chancellor, 10 S. LaSalle St.
Drake, Lauren J„ 2227 E. 70th St.
EDWARDS, A. G. & SONS, 409 N. Eighth St.,
St. Louis, Mo.
Elseman, Lester M., 7010 Paxton Ave.
Ernst & Company, 231 S. LaSalle St.
Fahnestock & Co., 135 S. LaSalle St.
Fairman, Fred W. & Co., 208 S. La Salle St.
Faroll Bros., 208 S. Lä Salle St.
Farwell, Chapman & Co., 208 S. LaSalle St.
Feicht, Arthur J., 175 W. Jackson Blvd.
Fertig, Leonard J., & Co., 731 Court St., Fort
Wayne, Ind.
Fischer, Robert J., R. R. 1, Box 108, Belvidere, 111.
Forschner, A. J.. 12150 Parnell Ave.
Francis, Bro., & Co., 222 N. 4th St., St. Louis, Mo.
Freehling, Norman & Co., 120 S. LaSalle St.
Friedman, Brokaw & Samish, 711 St. Chatles St.,
St. Louis, Mo.
Frommer & Co., 338 N. Capitol St., Indianapolis,
Ind.
Fuller, Cruttenden & Co., 209 S. LaSalle St.
Furness, Thomas F., I l l S. LaSalle St.
Fusz-Schmelzle & Co., Boatmen’s Bank Bldg.,
St. Louis, Mo.
Gerwig, Frank W. In naval service.
Gerwig, Harry K., 135 S. LaSalle St:
Gifford. Cedric C., 120 S. LaSaUe St.
Gifford, Lewis F., 15 Short St., Winchester, Ky.
Glass, Walter, 832 W. Superior St.
Glore, Forgan & Co., 135 S. LaSalle St.
Goodbody & Co., 135 S. LaSalle St.
Gray, Luman H., 120 Pipestone St., Benton
Harbor, Mich.
Griffin, John J., 120 S. LaSalle St.
Guild, David D. (Est. of), 135 S. LaSalle St.
Gwynne, Arthur C., at Riter & Co., 40 Wall St.,
New York, N. Y.
Hachtmann, George E„ 10 S. LaSalle St.
Haerther, William W., 22 W. Monroe St.
HALLGARTEN & CO., 120 S. LaSalle St.
Hansen, Howard S., 3304 Culver St., Evanston,
111.
Harris, Upham & Co., 135 S. La Salle St.
Harrison, Arthur C., 105 W. Adams St.
Harrison, Carter H. & Co., 209 S. LaSalle St.
Hastey, Robert P., 4720 Greenwood Ave.
Hemphill, Noyes & Co., 141 W. Jackson Blvd.
Hentz, H. & Co., 120 S. La Salle St.
Hicks & Price, 231 S. La Salle St.
Hill & Co., 2020 Carew Tower, Cincinnati, Ohio
Hill, Harvey T., 222 W. North Bank Drive
HILLIARD, J. J. B. & SON, 19 W. Jefferson
St., Louisville, Ky.
Hixon, Stewart & King, 120 S. La Salle St.
Holley, John M. In military service.
Hopkins, William L., Gen’l Motors Bldg., Detroit,
Mich.
Homblower & Weeks, 39 S. LaSalle St.
Hulburd, Warren & Chandler, 208 S. LaSalle St.
Hummer (Wayne) & Co., 105 W. Adams St.
HUTTON, E. F. & CO., 61 Broadway, New
York
Hutton, W. E„ & Co., 1st N. Bk. Bldg., Cincinnati,
Ohio.
Hyman, Rae F., 920 Oxford Ave., Los Angeles,
Calif.
Iverson, Chester S., 1701 Chase Ave.
Jablonski, August I., 120 S. LaSalle St.
Jawetz, Charles T. In military service.
Jones, Edward D., & Co., 705 Olive St., St. Louis,
Mo.
Kaplan. Robert, 5801 S. State St.
Karasik, Nathan, 337 E. Illinois St.
Kebbon, McCormick & Co., 231 S. La Salle St.
Kidder, A. M„ & Co., 1 Wall Si., New York, N. Y.
Kinsman, Charles E., 542 Mitchell Ave., Elmhurst,
111.
Kirk, Van G., 120 S. La Salle St.
Kirkeby, A. S., The Drake, Lake Shore Drive.
Kissilove & Feinberg, 120 S. LaSalle St.
Laird & Company, Nemours Bldg., Wilmington,
Delà.
Lamborn, Troup & Co., 231 S. LaSalle St.
Lamson Bros. & Co., 141 W. Jackson Blvd.
Lancton, William F., 7658 Luella Ave.
LangJll & Co., 134 S. LaSalle St.
Lehman Bros., 231 S. LaSalle St.
Lippmann, Albert F., 105 S. LaSalle St.
Lizars, Rawson. In naval service.
Logan, Stuart, 208 S. La Salle St.
Logan, Waldo H., 1250 N. State St.
Lowitz, E„ & Co., 29 Broadway, New York, N. Y.
LYONS, W. L. & CO., 231 So. Fifth St., Louis
ville, Ky.
Magner, Joseph F., 6333 Wayne Ave.
Masten, A. E., & Co., First N at’l Bk. Bldg.,
Pittsburgh, Pa.
McDermott, Francis O., 120 S. LaSaille St.
McDonald, Frank E. & Co., 120 S. LaSalle St.
McManus & Co., Joseph, 39 Broadway, New York,
N. Y.
McMaster, Stewart, 120 S. LaSalle St.
McMaster, Hutchinson & Co., 105 S. LaSalle St.
Meehan, M. J. & Co., 30 Broad St., New York,
N. Y.
Meffert, William M„ 11 Wall St., New York, N. Y.
Mellinger, Everett E., Route 2, Danville, Ind.
Merkle, Frank P., 3007 Washington Blvd.
Merrill Lynch, Pierce, Fenner & Beane, 141 W.
Jackson Blvd.
Meyerhoff, Irving E., 120 S. LaSalle St.
MITCHELL, HUTCHINS & CO., 231S. LaSalle
St.
Molloy, Edward P., 135 S. LaSalle St.
Molloy, John J., 135 S. LaSalle St.
Molyneaux, Thomas F., 316 S. LaSalle St.
Montgomery, Scott & Co., 123 So. Broad St.,
Philadelphia, Pa.
Morse, William H., 231 S. LaSalle St.
MOSELEY, F. S. & CO., 133 S. LaSalle St.
Myers, Joseph W., 120 S. LaSalle St.
Renwick, J. Stewart, 1025 W. Eighth St., Michigan
City, Ind.
Reynolds & Company, 120 Broadway, New York,
N. Y.
Reynolds, Maurice V., Lake Villa, 111.
Richardson, Howard C., Jr., 700 Woodbine,
Chevy Chase, Md.
Riter & Co., 134 S. LaSalle S t..
Rodger, Kipp & Co., 10 S. LaSalle St.
Roeder, Joseph A.. 20 N. Wacker Drive.
Rogers, Frank E. 10 S. LaSalle St.
Rothschild & Co., 135 S. LaSalle St.
Rothschild, Hans S., 120 Broadway, New York,
Sadler & Co., 2634 Fullerton Ave.
Sawyer, R. B., 1031 Maple Ave., Evanston, 111.
Schenck, Robert F., Jr., 5400 Harper Ave.
Schmaltz, James J., 327 S. LaSalle St.
Schroth, Theodore F„ 3 York Drive, St. Louis, Mo.
Schroth, Wilbur H., 120 S. LaSalle St.
Schwarzkopf, Fred., 135 S. La Salle St.
Scobie, David P., 175 W. Jackson Blvd.
Selz, Henry G„ 120 S. LaSalle St.
Sharp, Edward L., 231 S. LaSalle St.
Shearson, Hammill & Co., 208 S. LaSalle St.
Shepard, Chester D., 123 S. Appleton, Appleton,
Wis.
Sherman, John B., 1818 Sheridan Rd., Evanston,
Shields & Company, 135 S. LaSalle St.
Sigmann, Robert A., 209 S. LaSalle St.
Simpson, James Jr., 8 S. Michigan Ave.
Simpson, William, 8 S. Michigan Ave.
Sincere, Ben E., Est. of, 231 S. LaSalle St.
Smith, Barney & Co., 105 W. Adams St.
Smith Bros & 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.
Stannard, Frederick J., 135 S. LaSalle St.
Stearns, David P., 8912 Ewing Ave., Evanston.
Stein Bros. & Boyce, 6 S. Calvert St., Baltimore,
Md.
Stein, Irving C., Chicago Beach Hotel.
Sterling, Louis V., 42 Broadway, New York
Stewart; John C., 120 S. LaSalle St.
Strick, Charles A., 7935 S. Ellis Ave.
Stuart, Harold L., 201 S. LaSalle St.
Sturm, Albert F„ 1064 Springfield Ave., Deerfield,
Sutro Bros. & Co., 120 Broadway, New York, N. Y.
Swift, Henke & Co., R. F. D. No. 1, Elburn, 111.
Nance, Clement A., 506 S. Wabash Ave.
Newborg & Co., 30 Broad St., New York, N. Y.
Newman, Harry E., 209 S. LaSalle St.
Norris, James, 141 W. Jackson Blvd.
Norris & Kenly, 209 S. LaSalle St.
Noyes, David A. & Co., 208 S. LaSalle St.
Nussbaum, Bertram, Sherry Hotel.
Nussbaum, Paul E., 5421 Woodlawn Ave.
Talcótt, Potter & Co., 231 S. La Salle St.
Teegarden, Frank W., 155 E. Superior St.
Templeton’s Sons, J. S„ 141 W. Jackson Blvd.
Thompson, Arthur R., 2440 Lakeview Ave.
Thomson & McKinnon, 231 S. LaSalle St.
Thorn, King C., 2117 Lincolnwood Drive, Evans
ton, 111.
Thorson, Gus T., 120 S. LaSalle St.
Turner, Alfred E., 547 S. St. Johns, Highland
Park 111.
Turner, Tracy L„ 232 E. Walton Place.
O’Brien, John J. & Co.,' 231 S. LaSalle St.
Oliphant, Jas. H. & Co.. 209 S. LaSalle St.
Underwood, Morgan P„ 231 S. LaSalle St.
Paine, Webber & Co., 209 S. LaSalle St.
Patton, Joseph R. & Co., 120 S. LaSalle St.
Paulman, Henry, 135 S. LaSalle St.
Peabody, Howard B., 25 N. Franklin St.
Peabody, Stuyvesant, 231 S. La Salle St.
Perrill, (Alger) & Co., 231 S. LaSalle St.
Phillips,- Richard W., 120 S. LaSalle St.
PIPER, JAFFRAY & HOPWOOD, 115 So. 7th
St., Minneapolis, Minn.
Prince, F. H., 15 Westminster St., Providence,
R. I.
Quinn, David H., 231 S. LaSalle St.
Rassmussen, Clarence L., 61 Broadway, New York,
N. Y.'
Redfleld, John M., 1018 Ridgedale Dr., Beverly
'Hills, Calif.
Reid, Robert H., 10 S. LaSalle St.
REINHOLDT & GARDENER, 400 Locust St.,
St. Louis, Mo.
Renshaw, William B., 17508 Charles St., Grosse
Point, Mich.
Vehmeyer, Henry L., 7012 S. Shore Dr.
Vose, Hamilton, Jr., 450 W. Superior St.
Wachenheim, Donald, 135 S. LaSalle St.
Waldheim, Platt & Co., 308 No. Eight St., St.
Louis, Mo.
Walker, G. H„ & Co., 503 Locust St., St. Louis,
Mo.
Watling, Lerchen & Co., Buhl Bldg., Detroit, Mich.
Webster, Marsh & Co., 209 So. LaSalle St.
Webster, Virgil C., Est. of, 906 Greenwood Ave->
Evanston, 111.
Weil, Herbert M„ 120 S. La Salle St.
Weinress & Co., 231 S. LaSalle St.
Wilkinson, Frank R., 209 S. La Salle St.
Wilson, Harold C., 7446 Indiana Ave.
Wilson, Hugh H., at David A. Noyes & Co.,
208 S. LaSalle St.
Wilson, Robt. C„ 6909 Merrill Ave.
Witter (Dean) & Co., 45 Montgomery St., San
Francisco, Calif.
Wood, Edwin T.,'120 S. LaSalle St.
Wood, R. Arthur, 134 S. LaSalle St.
Wortman, G. R. & Cov Aurora National Bank
Bldg., Aurora, 111.
Wright, Warren, 33 N. LaSalle St.
Further information oh firms appearing in bold face type will be found in the selected list of Investm ent Dealers following bank list In each city
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
STOCK EXCHANGE MEMBERS
1957
L O U IS IA N A
NEW O RLEAN S S T O C K EXCHANGE
Officers: Robert R. Wolfe, President and Chairman of the
Board of Governors;
Jesse W. Atkinson, Secretary;
James J. Plauche, Treasurer;
Fred N. Ogden, Vice-President
RATES OF COMMISSIONS
Established by the New Orleans Stock Exchange.
To be charged on all Transactions
On U. S. Bonds, $2.50 per $1,000.00.
On State, City, Levee, and all other bonds, $5.00 per $1.000,00.
On all bonds maturing within one year, the commission shall be oneeighth
On all bonds maturing from one to three years, the commission shall be
one-quarter (M).
ON EXCHANGE, THEATRE AND CLUB STOCKS
the commission shall be as follows:
On stocks selling below $200, $5.00 per share.
On stocks selling at $200 and up to $500 exclusive, 2 % % of market value.
On stocks selling at $500 and up to $2,000 exclusive, 2J^% of market,
value with a minimum commission of $25.
On stocks selling at $2,000 and up to $5,000 exclusive, 2% of market
value with a minimum commission of $50.
ON STOCKS SELLING:
'
Per'Share
On stocks selling at $5,000 and up to $10,000 exclusive, $100 per share.
On stocks selling at $10,000 and up to $15,000 exclusive, $150 per share.
Under fifty cents----------------------------------- _________ As mutually agreed
On stocks selling at $15,000 and up to $20,000 exclusive, $200 per share.
At fifty cents and above, but under $1.00__ _____ ______ ........... 7 cents
The above commission rates shall apply except in the case of New Orleans
At $1.00 and up to $10.00........ ............. ................................... ...1 2 }^ cents
Cotton Exchange shares, which shall bear the following commission rates:
At $10.00 and up to $50.00..............! . . . ___ _______ __________ 25 cents
1% of the sales price, with minimum of $10 and a maximum of 525.
At $50.00 and up to $100.00...:___: ____ _________ _______ ...5 0 cents
Commissions on rental of Exchange stocks shall be $25.00 as a minimum
At $100.00 and over...............................................................1% Market price
charge.
^
THE MINIMUM CHARGE ON ANY ONE TRANSACTION SHALL BE $2.00
Airey, T. L., 316 Baronne St.
Alcus. S. T„ Jr., 603 Whitney Bldg.
Beer & Co., 817 Gravier St.
Clark, Russell, 818 Gravier St.
DANE, JNO., 516 Canal Bank Bldg.
D’Antoni, B. S., 2203 American Bank Bldg.
Feibleman, T. J. .210 Carondelet Bldg.
Huggins. Allen C., 839 Gravier St.
Hyams, C. H., III., 610 Common St.
Hyams, Glas & Carothers, 610 Common St.
Jones, Larz A., I. C. R. R (Union Station).
MEMBERS
Jones, Larz E., 817 Carondelet Bldg.
Lamar, Kingston & Labouisse, 1605 Canal Bk.
Bldg.
Lamar, L. V. 1605 Canal Bank Bldg.
Merrill Lynch, Pierce, Fenner & Beane, Maritime
Bldg.
Nusloch, Geo. H., 827 Hibernia Bank Bldg.
Nusloch, Baudean & Smith, 827 Hibernia Bk. Bldg.
Ogden, Fred N., 2201 American Bank Bldg.
Plauche, Jas. J., 516 Canal Bank Bldg.
Poupart, S. J., 823 Perdido St., (Room 202).
Schulze, C. H., 1831 S. Dupre St.
Schweickhardt, E. R., 2203 American Bank Bldg.
Tullis, Craig & Co., 204 Marine Bldg.
Tullis, Garner H., 204 Marine Bldg.
Villere, Ernest C., 552 Canal Bank Bldg.
Villere & Co., St. Denis J., 552 Canal Bk. Bldg.
Waters & Alcus. 603 Whitney Bldg.
Wheeler & Woolfolk, 404 Whitney Bank Bldg.
Wheeler, M. B., 404 Whitney Bank Bldg.
Williams, Geo. E., 817 Gravier St.
Wolfe. Robert R„ 717 Carondelet Bldg.
Woolfolk, J. W., 404 Whitney Bank Bldg.
Woolfolk, Huggins & Shober & Co., 839 Gravier St.
M ARYLAN D
BA LTIM O R E S T O C K EXCHANGE
Officers: Theodore Gould, President
Howard R. Taylor, Vice-President
F. Grainger Marburg, Treasurer
(208 E. Redwood St.)
Helen P. Garrett, Secretary and Asst. Treasurer
Jessamine Johns, Assistant Secretary
Paul E. Wagner, Recorder
RATES OF COMMISSION
(Effective May 1, ,1942)
NON-MEMBER MINIMUM COMMISSION SCHEDULE-STOCKS
M inim um Charge per Transaction in Stocks:
Commission
Notwithstanding the above rates the minimum commission to be charged
SELLING PRICE PER SHARE
Rate Per Share
to a non-member on any completed transaction shall be not less than $5;
Cents
but if the amount involved in a transaction is less than $50 the minimum
Under 7c______ __________ ......................... I___ ____ _l.
0.5
commission to be charged to a non-member shall be not less than 10%
At 7c but under 25c_______ !_______________
. . . . ---------- ------________
---------- 1.0
of the amount involved.
25c and over but under 50c________________________ _
2.0
Commission Rates on Stocks traded in on Other Exchanges:
50c and over but under $
................ ... .................. - i
4.0
$ 1 and over but under $ 2
______ _ __ ___________
6.0
The minimum commission rate to non-members on any stock traded in
$ 2 and over but under $ 3
............................
7.0
on the Baltimore Stock Exchange and also on any other National Securi
$ 3 and over but under $ 4
________ _____________
8.0
ties Exchange may, at the option of the member, be the Baltimore Stock
$ 4 and over but under $ 5.
_______
9.0
Exchange minimum commission rate or the minimum commission rate
$ 5 and over but under $ 6
________ L U is s & ja r.a
10.0
prescribed on such other National Securities Exchange.
$ 6 and over but under $ 7
_____ ____________ . . .
11.0
Commissions on Rights shall be the same as those fixed for stocks.
$ 7 and over but under $ 8.
________________—
12. 0
$ 8 and over but under $ 9
10M__________________
13.0
NON-MEMBER MINIMUM COMMISSION SCHEDULE—BONDS
$ 9 and over but under $10
______________________________ 14.0
Commission Rate
$10___ è________
____ ______ ___ :—
—
15.0
Selling
Price Per $1,000 Par Value:
Per $1,000
Over $10 but under $90___
. . . ---------15.0 plus
_________________
_______
___ $2.50
At
10
or
above___________
M of 1% of the price per share above $10
Under 10_______ L______________ ______ _____ _____ .___
1.25
At
less
than
1
.___
i
______
________
____
_____________;
.6 2 ^
Note: To compute the minimum commission on a transaction of 100 shares
On
bonds
which
will
mature
in
not
less
than
six
months
and
selling at over $10 and under $90 per share, add $50 to the price per share and
not
more
than
five
years,
or
are
to
be
redeemed,
pursuant
to
call
divide the result by 4. An amount in the final figure of less than 5 mills
or otherwise, in not less than six months and not more than
should be disregarded; for 5 or more mills add lc. To compute the commis
twelye months, and are selling at not less than 96% and not
sion charge on a transaction of 200, 300, 400, etc. shares, multiply the
more than 110% of their redemption price, and on bonds which
applicable 100-share commission by 2, 3, 4, etc., respectively, as the case
may be specifically designated under this paragraph by the Com
may be.
mittee on Commissions and Quotations, the rate of commission
per $1,000 of principal shall be not less th an .___________ _
1.25
To compute the minimum commission on a transaction in less than 100
On bonds which will mature in less than six months, or are to
shares, selling at over $10 and under $90 per share, multiply the applicable
be redeemed, pursuant to call or otherwise, in less than six
100-share commission by the number of shares in the transaction and divide
months, and are selling at not less than 96% and not more than
by 100. An amount in the final figure of less than 5 mills should be disre
110% of iheir redemption price, and on bonds which may be
garded; for 5 or more mills add lc.
specifically designated under this paragraph by the Committee
on Commissions and Quotations, the rate of commissions, to
At $90 and over but under $100__________________________ 35c
members, or non-members shall b e .. . . . ___AS MUTUALLY AGREED
At $ 1 0 0 ...____. . . ___ . . . . ____________ _______________- i . 38c
The minimum commission charged on any transaction in bonds
Over $100 and under $200___________________ ____ __ ____ 38c plus
shall be_________________________ ______ ____________
5.00
3c on each $10 increase or fraction thereof.
but if the amount involved in a transaction is less than $50 the
At $200 and over.......... „1____________________________ ___ 68c plus
minimum commission to be charged to a non-member shall be
4c on each $10 increase or fraction thereof.
not less than 10% of the amount involved.
Abell, Walter W., 2nd, Phoenix.
Allen, Edw. D., U. S. Naval Reserves.
♦Allen, Edward D. & Co.,608 Keyser Bldg.
BAKER, WATTS & CO., Calvert and Red
wood Sts.
Baker, Wm. Q., Jr., Calvert and Redwood Sts.
Bell, Vernal W„ 135 E. Baltimore St.
Binford. Charles T., 10 South St.
Blocher, Thomas S„ 210 E. Redwood St.
Block, Simon J., 201 Keyser Bldg.
Block. Simon J. & Son, 201 Keyser Bldg.
Boone, J. Marshall, U. S. Army.
Bousman, Floyd W., 209-210 Keyser Bldg.
Boyce, C. Prevost, 6 S. Calvert St.
iClosed for duration of war.
MEMBERS
Brown, Alex. & Sons, 135 E. Baltimore St.
Brown, J. Dorsey, Stock Exchange Bldg.
Brown, Philip W. T., 14 Wall St., New York, N. Y.
Bruton & Co., Yorke Road & Burke Ave., Towson.
Bruton, Leonard Marshall, Yorke Road & Burke
Ave., Towson.
Cahn & Co., Frank B„ Equitable Bldg.
Carroll, Douglas G., Stock Exch. Bldg.
Carroll & Co., Douglas G., Stock Exch. Bldg.
Cassilly. Thos. a .. Stock Exchange Bldg.
Daly, Lee E., Stock Exchange Bldg.
Daly & Co., Owen, Stock Exchange Bldg.
Davies, H. L„ 501 Stock Exchange Bldg.
Drewry, Cooper R., Stock Exchange Bldg.
Duer. Henry Lay., Stock Exchange Bldg.
Elder, Wm. Voss, Jr., Stock Exchange Bldg.
Evans, Henry C., U. S. Army.
Fisher, Frank of J., 10 South St.
Fisher, J. Harmanus & Sons, 10 South St.
Garrett, Robert & Sons, South and Redwood Sts.
Gould, Theodore, U. S. Naval Reserves.
Griswold, Jr., B. Howell, 135 E. Baltimore St.
Howard & Co., John D„ South and Redwood Sts.
Hutton, W. E. & 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., 210 E. Redwood St.
Jones, Elisha Riggs, 221-223 E. Redwood St.
Jones, John Marshall. 225 E. Redwood St.
t Jones & Co., John Marshall, 225 E. Redwood St.
Further Information on firms appearing in bold face type will be found In the selected list of Investm ent Dealers following bank list in each city.
https://fraser.stlouisfed.org
(
Federal Reserve Bank of St. Louis
STOCK EXCHANGE MEMBERS
1958
MARYLAND ST O C K EXCHANGE—Continued
MEMBERS
Koppelman, Walter, 219 E. Redwood St.
Kriegel. Leo. 501 Stock Exchange Bldg.
Lanahan & Co., W. W., Calvert Bldg.
Lanahan, Wm. Wallace, Calvert Bldg. ’
Legg, John C., Jr., 22 Light St.
Leimbach & Co., 1028 N. Calvert St.
Leimbach, Walter G., 1028 N. Calvert St.
Lemoine, Oscar M., South and Redwood Sts.
Lockwood, Peck & Co., 708 Keyser Bldg.
Mackubin, George, 22 Light St.
MACKUBIN, LEGG & CO., 22 Light St.
Marburg, P. Grainger, 135 E. ¡Baltimore St.
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, C. Ben, Jr., 120 Broadway, New York,
N. Y. '
Mitchell & Co., 120 Broadway, New York, N. Y.
Morgan, Shirley C., Equitable Bldg.
Newborg & Co., 30 Broad St., New York, N. Y.
Plohn, Charles, 30 Broad St., New York, N. Y,
Poe & Co., Philip L., 403 Stock Exchange Bldg.
Poe, Philip L., 403 Stock Exchange Bldg.
Riggs, Henry G., 210 E. Redwood St. ;
Rosenburg, Abel A., 22 Light St.
Schaefer, Herbert W„ 402 First National Bank
Bldg.
Schaefer & Co., Herbert W., 402 First National
Bank Bldg.
Schwarz, Howard S„ 500 Stock Exchange Bldg.
Schwarz, Morton & Schwarz, 500 Stock Exchange
Bldg.
Scott, Geo. M., 1401 First National Bank Bldg.
Sheely, Harry M., 212 Keyser Bldg.
Sheely, Harry M. & Co., 212 Keyser Bldg.
Smith, Barney & Co., 14 Wall St., New York, N. Y.
Stein Bros. & Boyce., 6 S. Calvert St.
Stewart, C. Morton, 135 E. Baltimore St.
Stirling, Morris & Martin, 209-210 Keyser Bldg.
Taylor, Howard R., 107-8 Stock Exchange Bldg.
Taylor, Howard R. & Co., 107-8 Stock Exchange
Bldg.
JThompson, R. L ., 402 Stock Exchange Bldg.
Tilden, Marmaduke, 708 Keyser Bldg.
Weilepp, Walter M„ 207-8 Keyser Bldg.
Westheimer, Henry F., 320 Munsey Blag.
Whedbee, James S., 10 South St.
Wheeler, J. Harold, 3409 Greenway
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. Î Closed for duration of war
M ASSACHUSETTS
BOSTON ST O C K EXCHANGE
Officers: Archibald R, Giroux, Pres.
53 State Street
Harry M. Stonemetz, Vice-Pres.
Mark R. Hodges, Tr.
Henry E. Tracy, Sec.
MINIMUM RATES OF COMMISSION
In Effect March 16,1942
RATES TO NON-MEMBERS, ETC.
to the rate per share; when the amount involved is 850 or more but less than
$100, the minimum commission shall be not less than 83 or the rate per share,
On all business for parties not members of the Exchange, including joint
whichever is greater; and when the amount involved is 8100 or more, the
account transactions in which a non-member is interested, transactions for
minimum commission shall be not less than 85 or the rate per share, which
partners not members of the Exchange, and for firms of which the Exchange
ever is greater.
member or members are special partners only, the commission charge shall
be not less than the rates hereinafter named:
ON BONDS
Rate Per $1,000 o f principal
ON STOCKS, RIGHTS AND WARRANTS
On Orders On Orders On Orders On Orders
Price per $1,000 of
o f 1 or 2
of 3
of 4
(Hereinafter referred to as “ Stocks”)
of 5 Bonds
Principal
Bonds
Bonds
Bonds
or More
Rate per Share
Selling at less than 810__ $1.50
$1.20
$ .90
$ .75
Selling Price per Share
(Cents)
Selling at 810 and above
but under 8100_______
2.50
2.00
1.50
0.1
1/256 of $1..... .................. ..........................
1.25
Selling at 8100 and above.
5.00
4.00
1/128 of $ 1 . . . ________________________ 0.15
3.00
2.50
1/64 of $1 and above but under 2/32 of $ 1 . 0.5
(e) Notwithstanding the foregoing rates prescribed for stocks, the com
2/32 of $1____________________ _______ 0.5
mission rates to members and non-members upon stocks which, pursuant to
Over 2/32 of $1 but under 8/32 of $1,
1.
call or otherwise, are to be redeemed within twelve months shall be such rates
8/32 of $1 and above but under Yi of $1___ 2.
as may be mutually agreed upon, provided, however, that such rates shall
50c and above but under $1_____ ___ ____ 4.
apply to transactions in any specific stock only after official announcement
81 and above but under 82______ - _______ 6.
to that effect has been made by the Exchange, and provided further, that the
82 and above but under 83___ __________ 7.
Government Committee may determine special rates on any or all such
$3 and above but under 84______
8.
securities.
84 and above but under $5_____ __ - _____ 9.
.(f). Notwithstanding the foregoing rates prescribed for bonds, the com
85 and above but under 8 6 --—- - - - - ___— 10.
mission rates to members or non-members upon obligations of the United
86 and above but under 87__ —_- - - - - - 11.
States, Puerto Rico, Philippine Islands and States, Territories and Munici
87 and above but under 88-__|i ____ ______ 12.
palities therein; upon bonds or notes having five years or less to run; and
88 and above but under 89_______ —_____13.
upon bonds or notes which, pursuant to call or otherwise, are to be redeemed
89 and above but under 8 l0 ___ __________ 14.
within twelve months, shall be such rates as may be mutually agreed upon;
At 810___________________ ________ —— 15.
provided, however, that the Governing Committee may determine special
Above 810 but under 8 9 0 ..______The 15c base rate plus
rates on any or all such securities.
M of 1% of the price
(g) Notwithstanding the other provisions of this Section when Rights or
per share above 810
Warrants are admitted to dealings upon the Exchange, whether on an issued
890 and above—— ———___ _________ _ 35.
or when-issued basis, and when other securities are admitted to such dealing
on a when-issued^ basis, the Governing Committee may determine special
Notwithstanding the foregoing, when the amount involved in a transaction
minimum rates of commission on any and all transactions in such Rights,
is less than $10, the commission shall he as mutually agreed; when the amount
Warrants or other securities, giving notice thereof to the membership. Un
involved is 810 or more but less than 850, the minimum commission shall be
less special rates have been so determined, the minimum rates of commis
not less than 6% of such amount or 81, whichever is greater without regard
sions prescribed in this Section shall apply.
Adams, L. Sherman. 10 Post Office Square
Adams, Mudge & Co., 340 Main St., Worcester,
Adams, Weston W., & Co., 20 Kilby St.
Amsden, Malcolm F., 53 State St.
Andrews, E. T. & Co., 64 PearlSt., Hartford, Conn.
J. S. BACHE & CO., 10 Post Office Square,
Baldwin & Co., 30 Federal Street.
Bates, Converse & Co., 15 Congress St.
Bolles, Richard F„ 35 Congress St., Room 1003.
(.deceased) membership held by Estate.
Bradley, Edward M., 215 Church St., New Haven,
Conn.
Brannan, Wm. J., 75 Federal St.
Bright, Elmer H. & Co., 84 State Street.
Brooks. Smith & Co., 50 Congress St.
Brown Brothers Harriman & Co., 10 P. 0. Square.
Brown, Waldo M., 49 Federal St.
Brown, Walter J., 53 State St.
Cahill, Richard M. F., 53 State St.
Chalifoux, Francis B., 60 State St.
Chapin, Simeon B. Jr., 61 Broadway, New York,
N. Y.
Clark, Dodge & Co., 70 Federal Street.
Coffin & Burr, Incorporated, 60 State St.
Collins, Breed & Co., Shawmut'Bk. Bldg.
Colwell, Francis, 53 State St.
Consens, Foster, 167 State House.
Crocker, Percy G. & Co.,1 9 Congress Street.
Crowninshield, B. Davis, 53 State St.
Dabney, Frederick L., 925A Boylston St.
Davis & Davis, 10 Weybosset St., Providence, R. I.
DAY, R. L. & CO., I l l Devonshire St.
Dean, James, 201 Devonshire St., Room 631.
(deceased) membership held by Estate.
Draper, Sears & Co., 53 State St.
MEMBERS
ESTABROOK & CO., 15 State Street.
Fay, S. Prescott, Framingham Centre, Mass.
Fernald, Lloyd £>., 3d N at’l Bank Bldg., Springfield, Mass.
Foster, Hatherly, Jr., 85 Devonshire St.
Gannett, Thomas B., 100 Franklin St.
Gilbert, Edward W„ 53 State St.
Giroux, Archibald R., 53 State St.
Graham, Parsons & Co., 10 Post Office Square.
Hammond, James R., 30 State St.
Hanlon, Gordon B., & Co., 10 Post Office Sq.
Hanrahan & Co., 332 Main St., Worcester, Mass.
Hayden, Stone & Co., 85 Water St.
Hentz, H., & Co., 75 Federal St.
Hill, E. Melville, 15 Ashton Ave., Newton Centre,
Mass.
HineS, Robertson & Co.,.53 State Street.
Hodgdon, Howard W„ 84 State St.
Hornblower & Weeks, 60 Congress St.
Hovey, Chandler, & Co., 82 Devonshire Street,
ROom 326.
Hunnewell & Co., 49 Federal St.
Hunt, Carleton, 15 Congress St.
Hutchins & Parkinson, 50 Congress Street.
Hutton, E. F. & Co., 53 State St.
Iliff, Richard S., 35 Congress St.
Jackson, Walter, 216 Central Ave., Milton, Mass.
Kelly, Michael A., 15 Congress St.
KIDDER, PEABODY & CO., 115 Devonshire
Street.
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.
Leland, John D., 1341 Beacon St.
Long, Harry V., 15 Congress St.
Long & Nash, 15 Congress St.
Mann & Gould, 70 Washington St„ Salem, Mass.
McKnight, Edward F., 53 State St.
Merrill Lynch, Pierce, Fenner & Beane, 45 Milk
St. .
Monahan, Edward C., 60 State St.
Moors & Cabot, 111 Devonshire Street.
Moran, John J. & Co., 53 State Street, Room 636.
MOSELEY, F. S. & CO., 50 Congress Street.
Mott, Louis P. & Co., 80 Federal Street, Room 808
Newman, Harding C., 2 Simon Willard Rd., Con
cord, Mass.
Nickerson, Henry G., 60 State St.
O’Donnell, James E„ 53 State St.
Paine, Webber, Jackson & Curtis, 24 Federal Street
Perrin, West & Winslow, Inc., 24 Federal St.
Peterson, John H., 53 State St.
Pingree, Daniel, 84 State St.
Pitcher, Osborne H,, 49 Federal St.
Pitman, Harold A., 53 State St., Room 1032.
Poor, Stearns, 84 State St.
Prince, F. H., & Co., 15 Westminster St.,, Provi
dence, R, I.
Proctor, Cook & Co., 35 Congress Street.
Reed & Co., 8 Foster St., Worcester, Mass.
Rice, John C., Jr., 53 State St,
Rich, Geo. A., 53 State St.
Schirmer, Atherton & Co., 50 Congress Street
Sewall, R. Lentner, 60 State St.
Smith, Barney & Co., I l l Devonshire St.
.
Smith, James P. & Co., 1387 Main St., Springfield.
Mass.
Southgate Ray E„ 53 State St.
Stevens, Samuel, W., I l l Devonshire St.
Further Information on firms appearing in bold face type will be found In the selected list of Investm ent Dealers following bank list in each city.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
STOCK EXCHANGE MEMBERS
1959
M A SSA C H U SET TS S T O C K EXCH AN GE—Continued
Straw, E. A., 875 Elm St., Manchester, N. H.
(deceased) membership held by Estate
Thorndike & Allen, 53 State Street, Boom 310.
Thornquist, Carl J., 53 State St.
Tifft Brothers, Third National Bank Bldg., Springfield
Tobey, Walter P„ 84 State St.
Todd, Charles Lee, Jr., I l l Devonshire St.
MEMBERS
TOWNSEND, DABNEY & TYSON, 30 State
Street.
Trask, Spencer & Cö., 50 Congress St.
Treadwell, James R., 53,State St., Boom 203.
Tucker, Anthony & Co., 74 State Street.
Wainwright, H. C. & Co., 60 State Street.
Walker, G. W. & Co., 53 State St.
Webber, Ralph B.. 53 State St.
Whitney, Byam & Co., 35 Congress St.
Whitney, & Elwell, 30 State St.
Wiggin, Russell B., 53 State St.
Williams, Robert W., 53 State St.
Winsor, Kennard, 115 Devonshire St.
Yerxa, John E., 30 State St.
Young, Lincoln R., 15 Lewis St., Hartford, Conn.
M IC H IG A N
D ETRO IT S T O C K EXCHANGE
(2314 Penobscot Bldg.)
Officers: Andrew C. Reid, President; Clark C. Wickey, Executive Vice-President & Secretary; Hal. H. Smith, Jr., Vice-President;
Sidney E.iFerriss, Treasurer; Fred J. Oppat, Assistant Secretary.
COMMISSION RATES
Effective, M arch 3, 1942
Stocks selling at 50c per share and above, the commission rate per share
On stocks selling below 50c per share, the commission rate per share shall
shall be not less than the following:
be not less than the following:
Rate
Rate
Price per share
Per Share
Price per Share
Per Share
4c
50c and above but under $ 1 ......................................
..................
.......
..............................................
0.1C
1/256
of
$
1
.
.
.
.
.
.
.
.
.
1 and above but under $ 2 ... .................................................
6c
1/128 of $ 1 . ._ . ............................... .................L.............................. 0.15c
2 and above but under $ 3 ..................... ....................................
7c
1/64
of
$1
and
above,
but
under
2/32
of
$
1
.
.
.
.
.
__
_____
0.5c
8c
3 and above but under $ 4 ...............„....... ?...... ......................
2/32 of $1............................ ............... ................................. — . . . .
0.5c 1
4 and above but under $ 5 ... .............................................. .
9c
Over 2/32 of $1 but under 8/32 of $1______ ______ u._.
1.0c
5 and above but under $ 6 . . . ___ _______________ i J ____ 10c
8/32
of
$1
and
above
but
under
1/2
of
$1____________
______
2.0c
6 and above but under $ 7________ ;_______. . . . _________
11c
7 and above but under $ 8_____________ __ ____ . . . . . . . . .
12e
13c
8 and above but under $ 9_______. . . . . _______ . . . . . . ____
9 and above but under $10 (Base R ate).. . . . . . ___ _____ . . . . .
14c
At $10___ ____________ _______ ____________ . . . . . . . . . . . . .
15c
The minimum commission on all transactions in listed securities shall be
not less than $5.00, except in cases where the amount involved is$100.00 or
Above $10 but under $90___ _______ ...T h e 15c base rate plus Y of 1%
less, the minimum commission may then be at the discretion of the member.
of the price per share above $10
If not disapproved in writing by a majority of the entire membership
$90 and a b o v e..______’. _ _ _ _ _ _ _ . . . . . . . _______ h
...
35c
within twelve (12) full business days after such posting, the amendments
Note: For stocks selling above $10 but under $90, the proposed per share
shall become effective upon notice from the Governing Committee.
rate may be computed as 1 2 Y c plus M of 1% of the price per share.
Alison & Co., 1640 Buhl Bldg.
Allman, JSverham & Co.. 1051 Penobscot Bldg.
BACHE, J. S. & CO., 137 Penobscot Bldg.
Baker, Simonds & Co., 1134 Buhl Bldg.
Beard, Frederick H„ 1880 Penobscot Bldg.
Bollinger, Paul T., 1904 Penobscot Bldg.
Cray, McFawn Co., 1225 Ford Bldg.
Crouse, Bennett Smith & Co., 2780 Penobscot Bldg.
Crouse, Charles B., 2780 Penobscot Bldg.
Dominick & Dominick, 115 Broadway, New York.
Eis, Valette R., 244 Penobscot Bldg.
Ellwood, Aaron A., 639 Penobscot Bldg.
Everham, Edwin M„ 1051 Penobscot Bldg.
Ferriss, Wagner & Miller, 1444 Buhl Bldg.
Goodbody & Co., Penobscot Bldg.
Goodbody, John L., 115 Broadway, New York,
N. Y.
Hague, Samuel, 539 Penobscot Bldg.
Hentz, H. & Co., 234 Buhl Bldg.
Hinshaw, Joseph, 314 Ford Bldg.
Hornblower & Weeks, 244 Penobscot Bldg.
MEMBERS
Hulburd, De Forest, 208 So. La Salle St., Chicago,
111.
Hulburd, Warren & Chandler, 208 S. LaSalle St.,
Chicago, 111.
Keane & Co., 2056 Penobscot Bldg.
Keane, Jerome E. J., 2056 Penobscot Bldg.
Kerr, Harry -W„ 1800 Penobscot Bldg.
Kreidler, Chas. A., 1134 Buhl Bldg.
Lewine, Jerome, Hanover Square, New York,
N. Y.
Livingstone, S. R.. 1356 Penobscot Bldg.
Livingstone, S. R. & Co., 1356 Penobscot Bldg.
Manley, Milton A., 518 Buhl Bldg.
Manley & Co., M. A., 518 Buhl Bldg.
McDonald, Claude G.( 1012 Buhl Bldg.
McDonald & Co., C. G., 1012 Buhl Bldg.
Merrill Lynch, Pierce, Fenner & Beane, 300 Buhl
Bldg.
Miller, George A., 1444 Buhl Bldg.
Moody, Bollinger & Co., 1904 Penobscot Bldg.
Moss, W. E., 2416 Union Guardian Bldg.
Moss, W. E. & Co.. 2416 Union Guardian Bldg.
Nauman, Arthur P., 1225 Ford 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., 2232 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.
Porter, Stuart P., 1134 Buhl Bldg.
Reid, Andrew C.. 2232 Union Guardian Bldg.
Roney, Wm. C. & Co., 2232 Union Guardian Bldg.
Rotated, Ralph, 1134 Buhl Bldg.
Shader-Winckler Co., 1966 Penobscot Bldg.
Smith, Hague & Co., 539 Penobscot Bldg.
Smith, Winthrop H., 105 W. Adams St., Chicago,
111.
Stern, Morton F., 36 Wall St., New York, N. Y.
Stout, Gardner D.. 115 Broadway, N. Y.
Vogel, A. H. & Co., 1880 Penobscot Bldg.
Wakeman, Wynn F„ 1134 Buhl Bldg.
Watling, Lerchen & Co.,, 314 Ford Bldg.
Winckler, F. J., 1966 Penobscot Bldg.
M IN N E S O T A
M IN N EA P O LIS—“S T . PAU L S T O C K EXCHANGE
(800 Roanoke Bldg.)
G. M. Phillips, First Vice-President; R. M. Rice, Secretary-Treasurer.
COMMISSION RATES
Effective March 17.1942
The minimum commission on transactions in stocks for non-members shall,
NON-MEMBERS
(a) where the transaction involves less than $10.00, be as mutually
On stocks the commission rate per share shall be not less than the following:
agreed upon;
Rate
(b) where the transaction involves $10.00 or more but less than $50.00,
Price per share
Per Share
be 6% of the amount of $1, whichever is greater; and
0.1c
1/256 of $1_________________ ________ ____ ________ _____
(c) where the transaction involves $50.00 or more but less than $100.00;
1/128 of $1___________________ ________ _________________
0.15c
be not less-than $3.00;
From 1/64 of $1 to and including 1/16 of $1_________________
0.5c
(d) where the transaction involves $100.00 or more be not less than $5,
Over 1/16 of $1 but under M of $1___________________ bìà___
1.0c
Y of $1 and over but under Y of $1________________________
2.0c
Yi of $ 1 and over but under $1________
4.0c ’
MEMBER TO MEMBER—Give-up Rates.
$1 and over but under $2_________________________________
6.0c
$2 and over but under $3__________
7.0c
Stocks selling under 50c per share----------------------------------— Yc
$3 and over but under $4_____________
8.0c
Hc
Stocks selling from 50c to $1 — --------- --------------------- ---------$4 and over but under $5__________________________ : 10.0c'
Stocks selling from $1 to $10---------------------------- ----------—
2c
$5 and over but under $6_______________ ________ _________ 11.0c
Stocks selling from $10 to $100i—
--------- ---------------------3c
$6 and over but under $7__________ ,______ ________________ 12.0c .
Stocks selling from $100 to $150------------------- --------------------4c
$7 and over but under $8______________
13.0c
Stocks selling from $150 and over-------------------------------- . . . . .
5c
$8 and over but under $9_________________
14.0c
Minimum 50c for stocks selling under $10.00 per share.
$9 and over but under $10______ ______ __________________- 15.0c
Minimum $1.00 for stocks selling at $10.00 and over per share unless gross
At $10__ ____ _______ ____________ _____________________ 16.0c :
amount is under $100.00, minimum then 50c.
Over $10 but under $90_________ __________ _______ The 16c base rate
Rights—same as stocks.
plus Y of 1% of the price per share above $10.
Names hot give-up on any stocks, minimum will be double the give-up rate.
At $90 and over_______________ _______ _________ ________ 36.0c
Officers: Ira D. Owen, President;
Allison, Williams Co., 1245 Northwest Bank Bldg.,
Minneapolis.
Ashmun, C. S. Co., 1212 1st N at’l-Soo Line Bldg.,
Minneapolis.
Bigelow-Webb & Co., 1st N at’l-Soo Line Bldg.,
Minneapolis.
Caldwell Phillips Co., First Natl. Bank Bldg., St.
Paul, Minn.
Greenman & Cook, Inc., 1408E. IstN atl. Bk. Bldg.,
St. Paul.
HARRIS-UPHAM & CO., 11 Wall St., New
York, N* Y.
MEMBERS
KALMAN & COMPANY, 144 Endicott Bldg.,
St. Paul.
Mahoney & Co., C.D., 806 Roanoke Bldg., Minne
apolis.
Manheimer-Caldwell, Inc., 113 First National
Bank Bldg., St. Paul.
Molyneaux, J. J., 15 S. 5th St., Minneapolis.
Paine, Webber & Co., Rand Tower, Minneapolis.
PIPER, J AFFRAY & HOP WOOD, 115 S. 7th
St., Minneapolis.
Rice, Robert M., 804 Roanoke Bldg., MinneapolisSmith & Co., Wharton C„ 106 E. 4th St., St. Paúl.
Thrall West C©., 1500 Northwest National Bank
, Bldg., Minneapolis.
Wells-Dickey Company, Metropolitan Bank Bldg.,
Minneapolis.
WOOD, HAROLD E., & CO., W. 2662 1st Nat’I
Bk. Bldg., St. Paul.
Woodard-Elwood & Co., 840 Rand Tower,
Minneapolis.
Further information on firms appearing in bold face type will be found in the selected list of Investm ent Dealers following bank list in each city
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
STOCK EXCHANGE MEMBERS
1960
M IS S O U R I
S T . LO U IS S T O C K EXCHANGE
Chas. A.Huebner, Assistant Secretary.
John A. Isaacs, Jr., Secretary and Treasurer;
COMMISSIONS
Effective A pril 20, 1942
MINIMUM COMMISSIONS—STOCKS AND BONDS
Section 1. Commissions shall be charged and paid under all circum
NOTWITHSTANDING RATE SCHEDULES ABOVE—
stances and upon all transactions, both purchase and sales, or upon contracts
for the receipt or delivery of securities; excepting joint transactions between
When amount involved in a transaction is $10 or
As Mutually
members which may be made without commission. Such commissions shall,
under—
Agreed
in the case of stocks, be calculated upon the price at which they are sold, and,
When amount involved in a transaction is more
6% or $1.00
in the case of bonds, upon their par value and shall be at the rates herein
than $10 but less than $50
(whichever is greater)
after named; and such rates shall in each case be the minimum that may
When amount involved in a transaction is more
$3.00 or rate above
be charged by any member of the Exchange, and shall be absolutely net and
than $50 but less than $300
(whichever is greater)
free from all or any rebate, return, discount or allowance in any shape or
When amount involved in a transaction is $300
$5.00 or rate above
manner whatsoever, or by any method or arrangement direct or indirect.
or more
(whichever is greater)
And no bonus, percentage or portions of the commissions so established
(b) On all business for parties not members of the Exchange, including
shall be given, paid or allowed directly or indirectly to any clerk or person
joint account transactions in which a non-member is interested, the minimum
for business sought or procured for any member of the Exchange.
commission charged shall be as follows:
Price per $1,000 of Principal
Rate per $1,000 of Principal
Section 2. (a) On all business for parties not members of the Exchange,
including joint account transactions in which a non-member is interested,
Selling at less than $100
$1.50
the minimum commission charged shall be as follows on stocks, rights and
Selling at $100 and above
2.50
warrants (hereinafter referred to as shares):
Notwithstanding the foregoing:
When the amount involved in a transaction is $10 or less, the commission
NON-MEMBER COMMISSION RATES
shall be as mutually agreed.
’SBi,
When the amount involved in a transaction is more than $10 but less than
Stocks, R ights an d W arrants
$50,
the
minimum
commission
shall
be
not
less
than
six
per
cent of the
Price P er Share
R ate Per Share
amount involved or $1.00 whichever is greater, without regard to the rate
From lc to 5c__________ ______ __ ■________ ______ .005c per share
per bond, provided, however, that where such transactions are for the account
From 6c to 15c______________ ____________ _____ lc per share
of non-member brokers or dealers, an allowance of 50 cents of such commis
2c per share
From 16c to 33c—___ ____ _____________________ _
sion may be made.
_
v
From 34c to 49c_______________ ___ ____________ —
3c per share
When the amount involved in a transaction is $50 or more and less than
From 50c to 99c____________________________ _____
6c per share
$300, the minimum commission shall be $3.00 or the rate per bond, which
From $1 to $l-%__________________ - ______________
7c per share
ever is greater, provided, however, that where such transactions are for the
From $2 to $2-%________________
9c per share
account of non-member brokers or dealers and the minimum commission
From $3 to $3-%_____________
10c per share
of $3.00 applies, an allowance of $1.00 of such commission may be made.
12c per share
From ¡¡>4 to ¡¡>4-%______
When the amount involved in a transaction is $300 or more, the minimum
From $5 to $5-%________
13c per share
commission shall be $5.00 or the rate per bond, whichever is greater, provided,
From $6 to $6-% .................. ......... ______......... ........... —.
15c per share
however, that where such transactions are for the account of non-member
From $7 to $7-K—
____________ ____ _____
16c per share
brokers or dealers and the minimum commission of $5.00 applies, an allow
From $8 to $8-%_______________ ____________ _____ * 18c per share
ance of $2.00 of such commission may be made.
19c per share
From $9 to $9-%______________ ___________________
(c) On all securities not provided for in this section the Governing Com
From $10 to $14-% .______________________________
21c per share
mittee shall fix the rates of commission; provided, that on all stocks admitted
From $15 to $24-%—_____ ________________________
26c per share
to dealings on this Exchange and also either on the New York Stock Exchange
From $25 to $49-%_______ _____________ __________
37c per share
or the New York Curb Exchange the minimum commission charge per share
47c per share
From $50 to $74-%_______________________________
for one hundred share unit or multiple thereof, on this Exchange, shall be
From $75 to $89-%c_.________________________ ____
57c per share
the rate per share prescribed to be charged on transactions for one hundred
From $90 to $99-%___________________________ ___
66c per share
share unit on those Exchanges, respectively, and on all stocks admitted to
From $100 to $299-%_________________ ____________
75c per share
dealings on this Exchange and also on the Chicago Stock Exchange the
From $300 to $499-%_____ _______ _____ ——............ $1.13 per share
minimum commission charge per share for fifty share unit or multiple
From $500 add up______________ —_______________ - $1.50 per share
thereof, on this Exchange, shall be the rate per share prescribed to be charged
on transactions for fifty share unit on that Exchange.
(d) Division of Commissions between members in accordance with
BONDS—
Section 3 of this Article shall be based upon the actual commission received
Rate per $1,000 of Principal
Price per $1,000 of Principal
by the originating member.
(e) The Governing Committee shall, at any time, have the power, by
$1.50
Selling at less than $100
the vote of five of its members, to alter and fix any rates of commission.
2.50
Selling at $100 and above
Officers: C. S. Newhard, President;
H. P. Green, Vice-President;
MEMBERS
Barklage, Louis, 317 N 4th Street.
Bennett, Jas. E., Merchants Exchange Bldg.
Bennett, Jas. E. & Co., Merchants Exchange Bldg.
Bixby, W. H , Broadway and Locust.
Bramman, Carl T., 314 N. Broadway.
Bramman-Schmidt-Busch, 314 N. Broadway.
Brown, Paul & Company, Paul Brown Bldg.
Cook, Henry M., 400 Olive Street.
Costigan, E. J„ 300 N. 4th Street.
Dempsey, Tegeler & Co., 407 N. 8th St.
Denyven, R. J., Boatmen’s Bldg.
EDWARDS, A. G. & SONS, 409 North 8th St.
Edwards, A. N., 409 N. 8th Street.
Edwards, P. W. 409 N. 8th Street.
Franc, Harry L., 306 N. 8th.
Francis, T. T., 320 Olive St.
Friedman, Brokaw & Samish, 711 St. Charles St.
Friedman, W. Stix, 711 St. Charles Street.
Fusz, Finnin D., Boatmens Bank Bldg.
Fusz, Schmelzte & Co., Boatmen’s Bank Bldg.
Gatch & Co., 418 Olive St.
Gessler, G. E., Merchants-Laclede Bldg.
Gessler, E. A. & Son, Merchants-Laclede Bldg.
Giger, Harold H., 408 Olive Street.
Haeussler. W. C., Paul Brown Bldg.
Hays, Elizabeth, Broadway & Locust.
Hill Brothers, Security Bldg.
Horning, Bert H., Boatmen’s Bank Bldg.
Jacobs; B. F., Merchants-Laclede Bldg.
Jones, Edward D., 705 Olive St.
Jones, Edw. D. & Co., 705 Olive St.
Jones, Whipple Van Ness, Security Bldg.
Jordan, Roy W., 418 Olive Street.
Knickmeyer, L. W., 410 Olive St.
Louderman, Wm. M., Bank of Commerce Bldg.
Moore, C. W., LaSalle Bldg.
Newhard, Cook & Co., 400 Olive St.
Reinholdt, J. W., Jr., Security Bldg.
NEW
REENHOLDT & GARDNER, Security Building
Seddon, Bruce, Landreth Bldg.
Seddon, Morflt & Harvey, Landreth Bldg.
Semple, Jacobs & Co., Merchants-Laclede Building.
Simon, F. M. 315 N. 4th Street.
SIMON, I. M. & COMPANY, 315 North 4th St.
Smith, Moore & Co., LaSalle Bldg.
STIEEL, NICOLAUS & CO., Boatmen’s Bank
Bldg.
Stix & Company, LaSalle Bldg.
Taussig, Day & Co., 506 Olive St.
Taussig, G. J., 506 Olive St.
Tegeler, J. F., 407 N. 8th St.
Theis, Albert & Sons, Inc., 410 Olive St.
Waldemer, Edwin R., LaSalle Bldg.
Waldheim, Platt & Co., 306 N. 8th St.
Walker, G. H. & Co., Broadway & Locust Streets.
Whitaker & Company, 300 North 4th Street.
Wibbing, O. H., Security Bldg.
Wibbing, 0. H. & Co., Security Bldg.
Williams, J. Gates, 320 Olive St.
YORK
NEW YO R K S T O C K EXCHANGE
Officers: Emil Schram, President-, ■
Charles E. Saltzman, Vice-President and Secretary;
(on leave of absence).
John C. Korn, Acting Secretary;
Howland S. Davis, Exec. Vice-President;
1 (11 Wall St.)
John Haskell, Vice-President;
(on ledve of absence)
Eugene Lokey, Vice-President;
Arthur H. Franklin, Treasurer;
George A. Cuff, Assistant Treasurer;
COMMISSION RATES (Amended to March 16, 1942)
COMMISSIONS AND SERVICE CHARGES
Section 1. Commissions shall be charged and collected upon the execu
tion of all orders for the purchase or sate for the account of members or allied
members or of parties not members or allied members of the Exchange, of
securities admitted to dealings upon the Exchange and these commissions
shall be at rates not less than the rates in this Article prescribed; and shall
be net and free from any rebate, return, discount or allowance made in any
shape or manner, or by any method or arrangement direct or indirect. No
bonus or percentage or portion of a commission, whether such commission
be at or above the rates herein established, or any portion of a profit except
as may be specifically permitted by the Constitution or a rule adopted by
the Board of Governors, shall be given, paid or allowed, directly or indirectly,
or as a salary or portion of a salary, to a clerk or person for business sought
Ronald R. Westwood, Assistant Treasurer;
Charles Ktem, Assistant Secretary;
Max Jacquin, Jr., Assistant Secretary;
A. Tate Smith, Special Assistant to the President.
Henry Clay Johnson, Special Assistant to' the
President.
or procured for any member or allied member of the Exchange or member
firm.
Notwithstanding the provisions of this Article, any member of the Ex
change or member firm holding a membership or associate membership in
another exchange located in the United States, or holding a membership or
associate membership in a Canadian exchange, or registered with a Canadian
exchange as being entitled to a return of commission from members of saia
exchange, may in respect of transactions made on such other exchange charge
the rates of commission prescribed by such other exchange.
Section 2. STOCKS, RIGHTS AND WARRANTS (hereinafter re
ferred to as “stocks”)
. **
(a)
On business for non-members and allied members, including joint
account transactions in which any such person is interested:
Farther Information on firms appearing In bold face type will be found In the selected list of Investm ent Dealers following bank list In each city.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
STOCK EXCHANGE MEMBERS
1961
NEW YO RK ST O C K EXCHANGE—Continued
(e)
Notwithstanding the rates prescribed elsewhere in this Section 2,
the commission rates to members, allied \members and non-members upon
stocks which, pursuant to call or otherwise, are to be redeemed within twelve
months shall be such rates as may be mutually agreed upon, provided, how
ever, that such rates shall apply to transactions in any specific stock only
after official announcement to that effect has been made by the Exchange,
and provided, further, that the Board of Governors may determine special
rates on any or all such securities.
(1) On stocks selling at 50c per share and above, the commission rate
per share shall be not less than the following:
B ate per share for
100-share-unit stocks
an d for 10-share-unit
stocks
Price per share
'
cents
50c and above but under $ 1---------------------------4
$ 1 and above
but under $
2------------6
$ 2 and above
but under $
3----------7
$ 3 and above but under $ 4 . . . ---------------------- ..
8
9
$ 4 and above but under $ 5........ ......... .............. -$ 5 and above but under $ 6 ---------------------------10
11
$ 6 and above
but under $
7-------$ 7 and above
but under $
8 .---12
$ 8 and above
but under $
9.;---13
$ 9 and above but under $10---------------------------14
At $10............... ............. : -------------------------------15
Above $10 but under $90______________ The 15c base rate plus M of 1%
of the price per share above $10
$90 and above______ _______ ___ _____ _______
35
Section 3. BONDS.
(a) On business for non-members and allied members, including joint
accdunt transactions in which any such person is interested, the commission
rates shall be not less than the following:
Note: For stocks selling above $10 but under $90, the per share rate
may be computed as 12J^c plus M of 1% of the price per share.
Bate per $1,000 of Principal
On Orders On Orders On Orders On Orders
of 5 bonds
o f 1 or 2
of 3
of 4
or more
Price per $1,000 of
bonds
bonds
bonds
Principal
$ .75
$1.20
$ .90
Selling at less than $10__ $1.50
Selling at $10 and above
1.25
but under $ 1 0 0 ..._____
2.50
2.00
1.50
2.50
Selling at $100 and above.
5.00
4.00
3.00
(2) On stocks selling below 50c per share, the commission rate per share
shall be not less than the following:
B a te per share
Price per share
cents
1/256 of $1------------------------------------------1/128 of $1______________ l ..............................<--0.15
1/64 of $1 and above but under 2/32 of $1--------0.5
2/32 of $1---------------------------------------------------0.5
Over 2/32 of $1 but under 8/32 of $1------------ -—
1.0
8/32 of $1 and above but under Y of $1---- -------2.0
(b) On business for members of the Exchange when a principal is n o t
given up, the commission rates shall be not less than the following:
Bate per $1,000 of Principal
On orders On orders On orders On orders'
Price per $1,000 of
o f 1 or 2
of 3
of 4
of 5 bonds
Principal
bonds
bonds
bonds
or more
Selling at less than $ 1 0 ... $ .80
$ .70
$ .60
$ .50
Selling at $10 and above
1.00
.8 7 Y
.75
-62J^i
but under $100_______
Selling at $100 and above. 2.00
1.75
1,50
1.25
(3) Notwithstanding the foregoing, when the amount involved in a
transaction is less than $10, the commission shall be as mutually agreed;
when the amount involved is $10 or more but less than $50, the minimum
commission shall be not less than 6% of such amount or $1, whichever is
greater without regard to the rate per share; when the amount involved is
$50 or more but less than $100, the minimum commission shall be not less
than $3 or the rate per share, whichever is greater; and when the amount in
volved is $100 or more, the minimum commission shall be not less than $5
or the rate per share, whichever is greater.
(b) On business for members of the Exchange when a principal is not given
up:
, (1) On stocks selling at 50c per share and above, the commission rate
per share shall be not less than the following:
B ate per share for
100- s h a r e - u n i t an d
for 10-share-unit
stocks
Price per share
cents
50c and above but under $ 1---------------------------0.8
$ 1 and above but under $ 5------------------2.0
$ 5 and above but under $10-__ -------- , . . --------- .
2.5
5.5
$10 and above but under $50-_--_------------- - ----$50 and above______ . . . -------- -----------------------6.0
(2) On stocks selling below 50c per share, the commission rate per share
shall be not less than the following:
B ate per share
Price per share
cents
1/256 Of $ 1 . . — '_________________ - ........... .......
0.05
1/128 of $1_______________________
1/64 of $1 and above but under 2/32 of $1—:-----0.2
2/32 of $ 1 . . ______ ______ ¡¡Sip______________
0.375
Over 2/32 of $1 but under 8/32 of $1._ ........ ....... 1
0.5
8/32 of $1 and above but under Y of $1—----- . . . .
0.75
(3) Notwithstanding the foregoing, when the amount involved in a
transaction is less than $10, the commission shall be as mutually agreed.
(c) On business for members of the Exchange when a principal is given
up:
(1) On stocks selling at 50c per share and above, the commission rate
per share shall be not less than the following:
B ate per share B ate per share
for 100-share- for 10-shareu n it stocks
u n it stocks
Price per share
cents
cents
50c and above but under $ 1------------0.50
0.5
$ 1 and above but under $ 5-----------------1.25
1.0
$ 5 and above but under $10--------------1.50
2.0
$10 and above but under $50-----------------2.75
4.0
$50 and above______________________
3.00
4.0
(2) On stocks selling below 50c per share, the commission rate per share
shall be not less than the following: ..
B ate per share
Price per share
cents
1/256 Of $1____ _____ ____________ —........ ........... — —
0.05
1/128 Of $1_____ ________ R ___________ —------- -------0.1
1/64 of $1 and above but under 2/32 of $1
— I -----0.1
2/32 of $1______________1_______________ ___ ______
0.25
Over 2/32 of $1 but under 8/32 of $1------------------—
—
—
—
0.25
8/32 of $1 and above but under Y o f $ l ----- ----------------0.5
(3) Notwithstanding the foregoing, when the amount involved in a
transaction is less than $10, the commission shall be as mutually agreed.
(4) Notwithstanding the provisions of sub-sections (1), (2) and (3) of
this paragraph (c), the commission rate in 100-share-unit stocks, when the
amount dealt in is less than 100 shares, shall be not less than lc per share
on stocks selling below $10 per share, and 2c per share on stocks selling at
$10 per share or more.
(d) For thp purpose of this Section, all purchases or sales for one account
(1) of a single security traded in on a one hundred share unit basis,
effected on a single date pursuant to a single order entered at a single
price or at the market, and
(2) of a single security traded in on a ten-share-unit basis, effected
pursuant to a single order entered at a single price or at the market
shall be regarded as one transaction.
In determining the amount involved in a transaction commissions and
taxes shall be disregarded.
0.1
(c) On business for members of the Exchange when a principal is given
up, the commission rates shall be not less than the following:
Bate per $1,000 of Principal
On orders On orders On orders On orders
Price per $1,000 of
o f 1 or 3
of 3
of 4
o f 5 bonds
Principal
bonds
bonds
bonds
or more
Selling at less than $ 1 0 ... $ .28
$ .2 6 Y
$ .25
$ .25
Selling at $10 and above
___
but under $100---------.423^
.40
.3 7 Y
-373-ii
Selling at $100 and above.
.85
.80
.75
.75
(d) Notwithstanding the foregoing, the commission rates to members,
allied 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 Board of Governors may determine special rates on any
or all such securities.
Section 4. When a member or member firm having made a contract
for his or its own account on the Floor of the Exchange for the purchase or
sale of stock arranges to have such contract cleared by another member or
member firm, such clearing member or member firm shall charge and collect
from such executing member or member firm a clearing charge therefor, for
the combination of the receipt and the delivery of the stock involved, which
charge, if receipt and delivery are effected on the same business day, shall be
computed at rates not less than those set forth in the following schedule:
Bate per share
o .r
for 100-shareunit and for
10-share-unit
stocks
cents
(a) Price per share:
_______
0.30
...
50c and above but under $ 1--------------------------------_______
0.75
$ 1 and above but under $ 5------- ---------------------------___ ___________
$ 5 and above but under $10-------------.
. . . . ---------- 1.00
___ ___________
2.75
$10 and-above but under $50-------------__--------------. .- .- .-.
$50 and above------------------------------------------------- —
3. 00
If such receipt and delivery are not effected on the same business day then
such clearing charge shall be computed at one and one-half times the rates
specified above.
(b) With respect to such stocks selling at less than 50c per share, such
clearing charge shall be as mutually agreed.
Section 5. WHEN ISSUED SECURITIES, AND RIGHTS AND
WARRANTS WHETHER ISSUED OR WHEN ISSUED.
Notwithstanding the other provisions of this Article XV, when Rights or
Warrants are admitted to dealings upon the Exchange, whether on an issued
or when issued basis, and when other securities are admitted to such dealing
on a when issued basis, the Board of Governors may determine special mini
mum rates of commission on any and all transactions in such rights, warrants
or other securities, giving notice thereof to the membership. Unless special
rates have been, so determined, the minimum rates of commissions prescribed
in this Article XV shall apply.
Section 6. If a member of the Exchange or member firm engages in
transactions in which the member or firm is acting as a dealer in securities
of original issue, the rates of commission prescribed in this Article shall not
apply to such transactions if not made on the Exchange; provided, however,
that such transactions shall be subject to such regulations as the Board of
Governors may from time to time prescribe.
Section 7. No member shall make a proposition for the transaction of
business at less than the minimum rates of commission prescribed in this
Article.
Section 8. Any return, rebate, discount or allowance of commissions
resulting from an order given by a member or member firm and payable
by a member or member firm of another exchange in connection with the
execution of such order shall be collected by the member or member firm
giving such order and may not be shared with a non-member of the Exchange.
Section 9. Members of the Exchange and member firms shall make and
collect, in addition to minimum prescribed commissions, such other minimum
charges with respect to accounts and services as the Board of Governors
may from time to time prescribe. Except as may be specifically permitted
Further Information on firms appearing m bold lace type will be found in the selected list of Investm ent Dealers following bank list in each city
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
1962
STOCK EXCHANGE MEMBERS
NEW Y O R K S T O C K EXCHANGE—Continued
by a rule adopted by the Board of Governors, such charges shall be net and
free from any rebate, return, discount of allowance made in any shape or
manner, or by any method or arrangement direct or indirect, and no bonus
or percentage of such charges, whether such charges be the minimum charges
prescribed by the Board or greater charges, shall be given, paid, or allowed
directly or indirectly, or as a salary or portion of a salary to a clerk or to any
member of the Exchange or member firm, or to any other person, firm or
corporation for business sought or procured for any member of the Exchange
or member firm.
Section 10. A member firm shall be entitled to have its business trans
acted at the rates of commission prescribed for members.
The privilege provided for under this Section shall extend to a branch
house or branch office only when conducted under the same name as the
parent firm and when the partners and their respective interests therein
are identical with the partners and their respective interests in the parent
firm.
A member who is a limited partner in a firm does not thereby confer any
of the privileges of the Exchange on such firm, and on all business done by
mm for such firm commissions must be charged and collected at rates not
less than the rates prescribed in this Article.
Section 11. Notwithstanding any other provisions of this Article XV,
when a member of the Exchange, who is not a general partner in a member
mm and whose principal business is that of executing orders on the Floor of
the Exchange for other members or member firms,
(1)
is in the active military or naval service of the United States; or
,, (2) in time of war in which the United States is a belligerent, is in
the active military or naval service of any nation or State which is a
belligerent against one or more of the enemies of the United States; or
(3)
is occupied in any public service incident to the national defense,
the Board of Governors may permit another member or member firm to
pay to such member an amount not in excess of 50% of the minimum com
missions applicable where a principal is given up, on transactions effected
by such other member or member firm on the Floor of the Exchange during
the absence from the Floor of such member solely by reason of such service
if the execution of such transactions would otherwise be part of the usual
business of such absentee member, provided that all arrangements or agree
ments whereby such payments are made or are to be made have been sub
mitted to and approved by the Board of Governors.
Section 12. Notwithstanding any other provisions of this Article XV
when a member of the Exchange who is a general partner in a member firm|
(1) is in the active naval or military service of the United States; or
(2) in time of war in which the United States is a belligerent is in the
active naval or military service of any nation or State which is a belliger
ent against one or more of the enemies of the United States; or
.. (3) is occupied in any public service incident to the national defense,
the Board erf Governors may permit an agreement between the member
firm in which the member in such service is a partner and another member
or member firm, providing in substance that, on transactions executed on
the Floor of the Exchange by such other member or member firm for such
first mentioned firm, the commissions chargeable by the executing member
or member firm shall be less than the minimum commissions otherwise pre
scribed as applicable to transactoins effected on the Floor of the Exchange
for other members where a principal is given up, provided that (1) such
commissions so chargeable shall not be less than 50% of the minimum com
missions so prescribed, (2) the transactions with respect to which such re
duced commissions are charged were executed at a time when the member
in suefi service was absent from the Floor solely by reason of such service,
(3) that such transactions would otherwise in general have been effected by
such absent member as a part of his usual business, and (4) that any such
agreement has been submitted to and approved by the Board of Governors.
MEMBERS
Abbott, Proctor & Paine, 14 Wall St.
Abraham, Alexander, 120 Broadway
Abraham & Co., 120 Broadway
Adler, Coleman & Co., 15 Broad St.
Ahern, John J., 61 Broadway.
Alker, Carroll B., 120 Broadway
Allan, Adrian R., Jr:, 40 Wall St.
Amy, Joseph H., 120 Broadway.
Andersen, Oswald, 115 Broadway.
Anderson, Elliott M., 71 Broadway.
Anderson, Harry, 145 So. Hibiscus Drive, Miami
Beach, Fla.
Anderson, Henry A., 120 Broadway
Anderson, W. Colford, 71 Broadway.
Anderson, William B., & Co., 2 E. 55th St.
Andrews, Posner & Rothschild, 60 Wall St.
Anness, Edw. C., 61 Broadway
Apy, Chester, 120 Broadway
Aronson, Bernard & Co., 1095 Park Ave.
Arrowsmith, Post & Welch, 115 Broadway.
Ash & Co., Mervin, 61 Broadway.
Asher, Harry W„ Jr., 60 Beaver St.
Asiel & CO., 11 Wall St.
Astor & Ross, 39 Broadway. •
Auchincloss, Parker & Redpath, 719 15th St.,
Washington, D. C.
Auerbach, Poliak & Richardson, 30 Broad St.
Augenblick, Harry A., 39 Broadway
Babcock, Henry D., 120 Broadway
Bach, Frederick F., 61 Broadway.
BACHE & CO., J . S„ 36 Wall St.
Bacon, Stevenson & Co., 39 Broadwav.
Bacon, Whipple & Co., 135 S. LaSalle St., Chicago,
Baker, Alfred L. & Co., I l l So. La Salle St..
Chicago, 111.
BAKER, WATTS & CO., Calvert & Redwood
Sts., B altim ore, Md.
Baker, Weeks & Harden, 52 Wall St.
Baldwin, Peter, 42 Broadway.
Ballard & Co., 43 Pearl St., Hartford, Conn.
Bamberger, L. Richard, 65 Broadway
Bamberger, Max, Fifth Ave. & 55th St.
Barbee, Harry, 19 Rector St.
Barnwell, Arthur & Co., 100 Broadway
Baroni, William J., 120 Broadway.
Barrett & Company, 40 Exchange Place
Barry, Edwin J., 70 Pine St.
Barth, J. & Co., 482 California St., San Francisco,
Calif. ,
’
Bartholomae, H. J., 120 Broadway.
Bartlett, Benj. D. & Co., 313 Vine St., Cincinnati,
Ohio.
Baruch. 8ailing W„ 60 Beaver St.
Bean, Chas. H., Philadelphia, Pa.
Bear, Stearns & Company, 1 Wall St.
Beauchamp & Co., T. J., 41 Broad St.
Beer &Compäny, 817 Gravier St., New Orleans, La
Beiden & Co., 61 Broadway.
Bell & Beckwith, 519-521 Madison Ave., Toledo,
Ohio.
Bendix, Luitweiler & Co., 52 Wall St.
Benedict, H. Guion, 1 4 Wall St.
Benedict, E. C. & Co., 61 Broadway
Benjamin, Hill & Company, 1 Wall St.
Benjamin & SternDach, 30 Pine St.
Bennet, Leslie L. & Company, 1 Wall St.
Bennett, James E. & Co., 50 Broadway
Bennett & Palmer, 165 Broadway
Benton & Nicholas, 25 Broad St.
Berdan, John T., 71 Broadway.
Bergen, Schuyler J., 120 Broadway
Bernard, Winkler & Co., 11 Wall St.
Bernheimer, Edwin E., 1 Wall St.
Biddison & Go., N. D., 39 Broadway.
Biddle, Whelen & Co., 1606 Walnut St., Phila
delphia, Pa.
Bidwell, J. Truman, 14 Wall St.
Billings, Olcott & Co., 26 Broadway
Billings, Oliver C., .26 Broadway
Bilofsky, Maxwell M., 30 Broad St.
BIOREN & CO., 1508 W alnut S t., Philadel
phia, Pa.
Bishop, Allen Reynolds, 50 Broadway
Blauner, Simons & Co., 25 Broad St.
Blinn. Prosper J., 42 Broadway.
Bliss & Co., 761 5th Ave.
Bliss, Julius, 120 Broadway.
Bloch, Elmer M., 39 Broadway.
Block, Maloney & Co., 1 Wail St.
Blumenthal, Irving, 780 First Ave.
Blumenthal, Simon B., 30 Pine St.
Blumenthal, S. B. & Co., 30 Pine St.
Boesel, Richard E., 50 Broadway
Bogardus,, Frost & Banning, 629 So. Spring St.,
Los Angeles, Calif.
Bonbright, George D. B. & Co., 100 Powers Bldg.,
Rochester, N. Y.
Bond, McEnany & Co., 60 Beaver St.
Bonner & Gregory, 30 Pine St.
Boody, McLellan & Co., I l l Broadway
Bookman, Robert S., 61 Broadway
Bosten, Paul R., 120 Broadway.
Bouvier, John V., 3rd., 26 Broadway
Boylan, Robert P., 61 Broadway.
Bradford, J. C. & Co., 418 Union St., Nashville,
Tenn.
Bradshaw, Sydney P„ 61 Wall St.
Bramley & Smith, 39 Broadway
Branch, Cabell & Co., 814 E. Main St., Richmond,
Va.
Brand, Grumet & Co., 120 Broadway
Brand, Michael J., Jr., 120 Broadway
Brandenburg & Co., 41 Broad St.
Braumuller, Charles, 120 Broadway
Bregman, Abner, 1 Wall St.
Braining & Co.. 17 Battery Place
Brennan, John F., 1 Wall St.
Bright, Elmer H. & Co., 84 State St., Boston,
jVläSS.
Brill, D. Dudley, 61 Broadway.
Brinton & Co., 1 Wall St.
Britt, Richard J., 30 Pine St.
Brody, L. J. S., Hamden, Conn.
Brooks & Co., J. H„ 25 Broad St.
Brooks, Jpmes W., 71 Broadway.
Brown, Alex. & Sons, 135 East Baltimore St.,
Baltimore, Md.
Brown Brothers, Harriman & Co., 59 Wall St.
Brown, James M., Jr., 120 Broadway
Brown, Paul & Co., Paul Brown Bldg., St. Louis,
Mo.
Brown, Vernon H., 71 Broadway
Brown & Co., Vernon C,, 71 Broadway
Brukenfeld, M. Ronald, 405 Lexington Ave.
Brumley, Albert, 120 Broadway.
Brummer, Harold M., 60 Wall St.
Brunner & Co., 61 Broadway.
Bruns, Edwin G.. 11 Wall St.
Bry, M. Edwin, 61 Broadway
Buchanan & Tomes, 120 Broadway
Buck & Co., Richard J., 39 Broadway
Buckley, Henry W., Philadelphia, Pa.
Buckley, John F., 120 Broadway
Bull, Charles M., 136 E. 79th St.
Burke, Walter F., 50 Broad St.
Burnet, W. E. & Co., 11 Wall St.
Burnham & Company, 30 Pine St. .
Burnside, I. H. & Co., 120 Broadway
Burton, Cluett & Dana, 120 Broadway
Bushnell, Henry Thompson, 39 Broadway
Butcher & Sherrerd, 1500 Walnut St., Philadelphia,
Butler, Herrick & Marshall, 30 Broad St.
Butler, Wick & Co., Union National Bldg.,
Youngstown, Ohio.
Buttenwieser, Clarence, 25 Broad St.
Byck, Maurice S., 1 Wall St.
Byfleld & Co., 61 Broadway.
Byram, Hobart R., 42 Broadway.
Byrne, James F„ 30 Broad St.
Bywater & Leary, 120 Broadway.
Cahill, Robert L., 40 Wall St.
Cahn & Co., Frank B., Equitable Bldg., Baltimore,
Md.
Cahn, Joel G.. 39 Broadway.
Campbell, Henry G., Jr., 52 Broadway
Campbell, James, 42 Broadway
Campbell, Oliver S., 1 Wall St.
Cana van, Eugene F„ 42 Broadway.
Carey, Denis J., 42 Broadway.
Carey, H. T., Joost & Patrick, 120 Broadway
Carhart, H. Whitfield, Jr., 120 Broadway
Carlebach, Herbert L., 60 Broad St.
Carlebach, Walter M., 60 Broad St.
Carlisle & Jacquelin, 120 Broadway
Garmichael & Carson, 52 Wall St.
Carreau & Co., 63 Wall St.
Carrera & Co., 65 Broadway
Carrera, John, 65 Broadway
Caretairs & Co., 1421 Chestnut St., Philadelphia,
Carstens, Geo., 50 Broadway
Carter & Co., 14 Wall St.
Caspary, Alfred H„ 50 Broad St.
Caspary & Co.,-A. H., 50 Broad St.
Cassell & Co., H., 61 Broadway
Cavenee, Clark M., 135 S. LaSalle St., Chicago,
Chapin, Simeon B. Jr., 61 Broadway.
Chaplin & Co., 52 Broadway
Chauncey & Co., 15 Broad St.
Clapp, Howard F., 120 Broadway.
Clark & Co., Charles, 72 Wall St.
Clark, Dodge & Co., 61 Wall St.
Clark & Co., E. W.* Locust & 16th Sts., Phila
delphia, Pa.
Clarke & Co., Richard W., 17 East 42nd St.
Clement, Curtis & Co., 134 So. La Salle St.,
Chicago, 111.
Clews & Co., Henry, 7-9-11 Broadway.
Cloud, John K., 19 Rector St.
7
Clucas & Company, E. W„ 70 Pine St.
Coé, Jacques & Co., 39 Broadway
Coggeshall & Hicks, 111 Broadway
Cohen & Co., Edward L., 40 Exchange PI.
Cohen & Co., William W., 36 Wäll St.
Cohen, Simonson & Co., 50 Broadway
Cohn, Henry A., 120 Broadway.
Cohn, Martin L„ Jr., 120 Broadway.
Cohu & Torreÿ, 1 Wall S t
Coleman, Eliot W., 42 Broadway.
Coleman, Robert L. Jr., 133 Montgomery St.,
San Francisco, Calif.
Coleman, Townsend P., 42 Broadway.
Colgate, Jas. C„ 44 Wall St.
Collin, Norton & Co., Gardner Bldg., Toledo,
Ohio.
Collins, John T .,120 Broadway.
Collins, Röderic G., 61 Broädway.
Colvin, Harold R., 14 Wall St.
Combs, Maxwell & Potter, 25 Broadway
Cone, Henry H. Jr., 120 Broadway.
Connelly & Co., F. J., 15 Broad St.
Conried, Richard G.. 1 Wall St.
Cook, Harry, 40 Wall St.
Cooke, James F., 42 Broadway.
Cooksey, George R., Jr., 11 Wall St.
*
Cooley & Co., 100 Pearl St., Hartford, Conn.
Coriies & Booker, 40 Wall St.
Cosgrove, Warner, 120 Broadway.
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.
Cox, Robert H., 70 Pine St.
Craigmyle, Rogers & Co., 1 Wall St.
Crandell, Edwin H., 40 Exchange PI.
further Information on firms appearing in bold face type will be found in the selected list o f Investm ent Dealers following bank list in each city.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
STOCK EXCHANGE MEMBERS
1963
NEW YO RK ST O C K EXCHANGE—Continued
Crandell, Walter S., 25 Broad St.
Creem, John J. Jr., 61 Broadway.
Crouse, Bennett, Smith & Co., 2780 Penobscot
Bldg., Detroit, Mich.
Cullman Brothers, 161 Front St.
Cunningham, Cyril E.. 42 Broadway.
Curtiss, House & Company, Union Commerce
Bldg., Cleveland, Ohio.
Dale. Chester, 115 Broadway.
Dammes, Herbert P., 61 Broadway
Daning, M, J., 60 Wall st.
Danzig, Jerome J., 200 Fifth Ave.
D’Assern & Co., 49 Wall St.
Davenport & Co., 1113 E. Main St., Richmond,
Va.
Davies & Co., Russ Bldg., San Francisco, Calif.
Davis & Co., Fellowes, 52 Broadway.
Davis & Co., J. W„ i l l Broadway.
Davis. & Davis, 10 Weybosset St., Providence,
R. I.
Davis & McIntosh, 65 Broadway.
Davis & Go., Morgan, 60 Beaver St.
Davis, Edward J., 126 Broadway.
Davis, Frank H., 120 Broadway.
Davis & Co., Paul H., 10 So. La Salle St., Chicago,
111.
Davis, Shelby Cullom, Scarborough-on-Hudson,
N. Y.
Day & Co., R. L.. 14 Wall St.
De Coppet & Doremus, 42 Broadway
deCoppet, Robert F., Darien, Conn,
de Cordova & Bro.. Cyril, 25 Broad St.
Deery & White, 25 Broad St.
De Haven & Townsend, 1 Wall St.
Delafleld & Delafleld, 14 Wall St.
Dempsey-Tegeler & Co., 407 N. Eighth St., St.
Louis, Mo.
Demuth, Robert L., 565 Fifth Ave.
Denzer, Bernard E., I l l Broadway,
de Saint-Phalle, van Heukelon & Co., 25 Broad St.
De Veau, George P., 120 Broadway.
DICK & MERLE-SMITH, 30 Pine S t.
Dixon & Co., 1411 Chestnut St., Philadelphia, Pa.
Dixon, George A., 36 Wall St.
Dobbs & Company, 50 Broadway.
D’Oench, Russell G., 120 Broadway
Dominick & Dominick, 14 Wall St.
Doolittle, Roth & Schoellkopf, 1415 Liberty Bank
Bldg., Buffalo, N. Y.
Douglas & Company, F. H„ 61 Broadway.
Doyle & Company, Frank, 120 Broadway
Doyle & Co., M. D., 1 East 57th St.
Draper, Sears & Co., 53 State St. Boston, Mass.
Drexel & Co., 15th and Walnut St., Philadelphia,
Dreyfus, Herbert M„ 70 Pine St.
Dreyfus, Walter, 70 Pine St.
Drummond, Howard, 42 Broadway
Dryfoos, Orvil E., Room 1739, 1 Wall St.
DRYSDALE & CO., 71 Broadway
Duane, Richard B., 120 Broadway.
Duff & Co., J. Robinson, 61 Broadway
Duffy & Co., Edward J., I l l Broadway.
Duncan, John C., Jr., 14 Wall St.
Dunham, Horace E., 19 Rector St.
Dunne & Co., John V., 120 Broadway
Dunscombe, Roger, 11 Wall St.
du Pasquier & Co., 11 Wall St.
du Pont (Francis I.) & Co. and Chisholm &
Chapman, 1 Wall St.
Durand, C. A. & Son, 15 Broad St.
Durand, James F., 120 Broadway.
Duryea, William M., 65 Broadway
Eastman, Dillon & Co., 15 Broad St.
Eckstein, Alfred, 39 Broadway.
Edge & Co., C. N„ 50 Broadway.
Edgerton, John J., 61 Broadway.
Edmonds, William E., 1318 President St., Brook
lyn, N. Y.
Edmonds & Co., 115 Broadway EDWARDS & SONS, A. G ., 409 N. 8th S
St. Louis, Mo.
Einstein, Herbert G., 14 Wall St.
Eisele & King, 39 Broadway
Eising & Co., 25 Broad St.
Eising, George J., 25 Broad St.
Elder & Co., James Bldg., Chattanooga, Tenh.
Elkins, Morris & Co., Land Title Bldg., Phi
J delphia, Pa.
Ellis & Co., D. H„ 14 Wall St.
Elsaesser, George G., 120 Broadway.
Emanuel & Co., 50 Pine St.
Emory, Freed & Co., 109 So. Third St., Phi
_ delphia, Pa.
Erdman & Co., 120 Broadway
Eric & Drevers, 115 Broadway.
Ernst & Company, 120 Broadway
Estabrook & Co., 40 Wall St.
Everett, Oliver H., 42 Broadway.
Fackert, William E„ 120 Broadway.
Fagan, Albert E„ 41 Broad St.
Fagan & Co., 41 Broad St.
Fahnestock & Co., 65 Broadway.
Fairgrieve, Chester S., 50 Broadway
Faroll Brothers, 50 Broadway
Farr & Co., 90 Wall St.
o??11’ Chapman & Co., 208 So. La Salle S
_ Chicago, 111.
Ferris, Louis A., 70 Pine St.
m i ! %i\lar(l & Smyth, 39 Broadway
Finch, Wilson & Co., 120 Broadway
Fincke, Reginald, 61 Wall St.
Fine & Co., W. A., 1 Wall St.
Fisher, William, 120 Broadway.
MEMBERS
FitzGerald, Harold, 120 Broadway.
Fitzsimmons, Joseph M., 115 Broadway
Flinn, George H., Jr., 551 Fifth Ave.
Foley, Frank J., 60 Beaver St.
Ford .Donald, 115 Broadway.
Ford, Hobart, 10Ö Broadway
Forgie, David F., 120 Broadway.
Foster & Adams, 120 Broadway
Foster & Co., F. V., 120 Broadway
Foster, Marvin & Co., 120 Broadway.
Fowler, Thomas P., 15 Broad St.
Fownes, Henry G., 120 Broadway.
Fox .Elliott D., 100 Broadway.
Fox, O’Hara & Co., 60 Broad St.
Francis, J. ^D.^Perry, 109 Picacho Lane, Santa
Frank, A. Richard, 135 So. La Salle St.. Chicago,
Frank & Co., Charles A., 14 Wall St.
Frank, Robert L„ 52 Wall St.
Frankhauser, Charles A., 120 Broadway.
Fransioli & Wilson, 14 Wall St.
Freeman, Joseph, 703 E. Olmos Drive, San
Antonio, Tex.
Fried & Company, Albert, 120 Broadway
Friede, Leo, 1 Wall St.
Friedlander, Marcus S., 120 Broadway
Friedman & Co,, 3Ö Broad St.
Friedman, Brokaw & Samish, 711 St. Charles St.
St. Louis, Mo.
Friend, Walter W., 1 Madison Ave.
Fuerst, Otto, 120 Broadway
Fuerst, William, 1 Wall St.
Gaines & Company, 1 Wall St.
Gale, Alexander B„ 40 Exchange PI.
Gammack & Co., 40 Wall St.
Gamwell & Co., 40 Wall St.
Garvin, Bantel & Co., 12Ö Broadway.
Gatch & Co., 418 Olive St., St. Louis, Mo.
Gay, William Campbell,!. Wall St.
Geddes, Gerald M., 61 Wall St.
Geer, Garrow T., Jr., 42 Broadway.
Gengier Bros., 1 Wall St.
Gengler, Joseph D., 1 Wall St.
Geran, Carroll V., Room 1129, 42 Broadway.
Gerham, Harry, 42 Broadway.
Giblin, Walter M., 40 Wall .St.
Gilbert & Co., Clinton, 120 Broadway
Gildea, Charles A., 1 Wall St.
Gilmor, Robert, Woodbury, L. I., N. Y.
Gimbel & Co., 120 Broadway.
Gitterman, Joseph L„ Jr., 39 Broadway.
Glendinning & Co., Robert, Fidelity-Philadelphia
Trust Co. Bldg., 123 So. Broad St., Philadelphia,
Pa.
Glore, Forgan & Co., 38 Wall St.
Goldberg, Henry L., 2 Rector St.
Goldman, Henry Jr., 50 Broadway
Goldman, Sachs & Go., 30 Pine St.
Goldsborough, William W., Jr., 1 Wall St.
Goldsmith & Co., H. W., 50 Broadway
Goldsmith, Joseph M., 60 Beaver St.
Goldstone, Leonard A., 25 Broad St.
Goodbody & Co., 115 Broadway
Goodman, Jos. D„ 1500 Walnut St., Philadelphia,
Goodwin, William H., 42 Broadway,
Gordon, Gerald M., 120 Broadway.
Gordon & Walther; 115 Broadway.
Gosling, Woodley B., 52 Wall St.
Gossler, Philip Jr., 40 Wall St.
Gould, Clarence F., 120 Broadway.
Gould .Frank Jay, 165 Broadway.
Gould, Howard, 55 Liberty St.
Gradison & Co., W. D., 4Ö8 Dixie Terminal Bldg.
Cincinnati, Ohio.
Graham, Harry S., 25 Broad St.
Graham, Parsons & Co., 1421 Chestnut St., Phila
delphia, Pa.
Granberry & Co., 50 Broadway
Granberry, Wm. J., 1210 Merchants Bank Bldg.,
Indianapolis, Ind.
Granbery, Marache & Lord, 65 Broadway.
Greenberger, Eugene, 30 Broad St.
Greene, David J., 30 Broad St.
Green, Ellis & Anderson, 100 Broadway
Greene & Brock, 14 Wall St.
Greenway, Gilbert C. Jr., 370 Park Ave.
Gregory, George V., 42 Broadway.
Griffen, Cecil, 60 Beaver St.
Grüner, Otto H., 120 Broadway.
Gruntal & Co., 30 Broad St.
Grymes, J. Randolph, Jr., 42 Broadway.
Gude, Winmill & Co., 1 Wall St.
Gunn, Norman, 30 Pine St.
Gutenstein & Lasdon, 25 Broad St.
Guthy, William H., 25 Broad St.
Gwynne, Arthur, 40 Wall St.
Haas, Mark A., 25 Broad St.
Hackney, Hopkinson & Sutphen, 14 Wall St,
Hagan, John Vincent, 42 Broadway.
Halladay & Co., 14 Wall St.
Haile & Stieglitz, 25 Broad St.
HALLGARTEN & CO ., 44 Wall St.
Hall, J. Goodwin, 705 First National Bank Bldg,;
Fort Worth, Tex.
Hamershlag, Borg & Co., 40 Wall St.
Hamill, James T„ 412-18 Guaranty Bldg.,
Indianapolis, Ind.
Hance, Earle W., 120 Broadway
Hamlin & Lunt, 906 Marine Trust Co. Bldg.,
Buffalo, N. Y.
Hardenbrook, Donald J., 61 Broadway.
Hardy & Company, 30 Broad St.
Hardy & Co., Waller C., Kanawha Valley Bldg.,
Charleston, W. Va.
Harman, Leslie, 745 Fifth Ave.
Harrington & Co., 44 Wall St.
HARRIS, UPHAM & CO., 14 Wall St.
Hartshorne, Harold, 61 Broadway.
Hartshorne, Harold, Jr., 61 Broadway.
Hartshorne, Robert D., 120 Broadway.
Hastings, Herbert R., 15 Hawthorne Rd., Bronxville, N. Y. . .
,
Hatch, E. Sanford, 61 Broadway.
Hatzfeld, Louis E., 40 Wall St.
Haughey, Robert A., Jr., 120 Broadway.
Haupt & Company, Ira, 39 Broadway
Haupt, Stuart, 39 Broadway.
Hawkins, Roswell G., 15 Broad St.
Hay, Fales & Co., 71 Broadway.
HAYDEN, STONE & CO., 25 Broad St.
Haydock, Schreiber & Co., 120 Broadway.
Hays, William H,, 71 Broadway
Hazelhurst, Andrew, 14 Wall St.
Hazlett, Burt & Watson, 215 Wheeling Steel Bldg.,
Wheeling, W. Va.
Healy, James A., 40 Exchange Place.
Heath, Royal V., 40 Wall St.
Hecker & Co., Liberty Trust Bldg., Broad & Arch
Sts., Philadelphia, Pa.
Hedberg. O. Viking, 39 Broadway.
Helprin, William N., 29 Broadway.
Hemmerle, Joseph, 50 Broadway.
Hemphill, Noyes & Co., 15 Broad St.
Henderson, Charles F. & Sons, 63 Wall St.
Henderson, Harrison & Co., 40 Wall St.
Hendrickson & Co., 115 Broadway.
Hentz & Co., H., 60 Beaver St.
Herbek, Anton W., 120 Broadway.
Hernon, Pearsall & Co., 120 Broadway
Herzfeld & Stern, 30 Broad St.
Hess, Walter W., 30 Broad St.
Hetherington, Ferris S., 205 Stelle Ave., Plainfield, N. J.
Hetherington, James A., II, 42 Broadway
Hettleman & Co., 52 Wall St.
Hewitt, Lauderdale & Co., 39 Broadway
H ib b it& Co., W. B., Hibbs Bldg., Washington,
Hicks & Price, 231 So. La Salle St., Chicago, 111.
Higham, Neville G., 39 Broadway.
Hilbert & Co.,120 Broadway
Hilder, M. Hubert, Flemington, N. J.
Hill Brothers, 706 Security Bldg., St. Louis, Mo.
Hill, Crawford, 2 East 55th St.
Hill & Co., 2020 Carew Tower, Cincinnati, Ohio
HILLIARD & SON, J. J. B., 419 f f . Jefferson
S t., Louisville, Kÿ.
Hirsch, Lilienthal & Co., 25 Broad St.
Hirsçhberg, Harold, 19 Rector St.
Hirshon & Co., 61 Broadway.
Hiscoe. Reginald V., 11 Wall St.
Hogle & Co., J. A., 132 Main St., Salt Lake City,
Utah
Holsapple & Co., 30 Pine St.
Homans & Co., 52 Wall St.
Hoppln Bros. & Co., 120 Broadway
Hornblower & Weeks, 40 Wall St.
Hovey & Co., Chandler, 82 Devonshire St.,
Boston, Mass.
Hoyt & Co., Colgate, 14 Wall St.
Hubbard, Edwin D„ 29 Broadway.
Hughes, John F., 120 Broadway
Hulburd, Warren & Chandler, 208 S. La Salle St.,
Chicago, 111.
Hume & Thompson, 14 Wall St.
Hummer, Wayne & Co., 105 W. Adams St.,
Chicago, 111.
Hunnewell & Co., 49 Federal St., Boston, Mass.
Hunt, Gregory C., 120 Broadway.
Hurt & Rapalyea, 120 Broadway.
Hutchins & Parkinson, 50 Congress St., Boston,
Mass.
HUTTON & CO., E. f g 61 Broadway
Hutton & Co., W. E., 14 Wall St.
Hyde. William T., 120 Broadway.
Hyman, Bernard E., 1185 Park Ave.
Hyman, Charles J., 39 Broadway.
Hyman & Co., 61 Broadway
Hynes, John M., 120 Broadway.
Ingalls & Snyder, 100 Broadway
Jackson & Wreszin, 71 Broadway.
Jacobs, Stanley R., 120 Broadway
Jacobson & Co., Benjamin, 61 Broadway.
Jacobson, Robert J., 61 Broadway
Jamieson & Co., 1225 First National-Soo Line
Bldg., Minneapolis j Minn.
Jelke & Co., Frazier, 40 Wall St.
Jenks, Kirkland & Co., 1421 Chestnut St., Phila
delphia, Pa.
Jennings, George C„ 60 Beaver St.
Jesup & Lament, 26 Broadway
Jewett, Newman & Co., 1 Wall St.
Johnson & Wood, 120 Broadway
Johnson, Leeds, 49 Wall St.
Johnson, Robert G. & Co., 61 Broadway
Johnson, Robert G., 61 Broadway.
Johnston, Reed, 1 Wall St.
Jones & Co.. 42 Broadway.
Jones & Co.', Edward D., 705 Olive St., St. Louis,
Mo.
Jones, Elliott, L., Audley Farms, Berryville, Va.
Jordan & Co., Thomas, 615 Commercial Place
New Orleans, La.
Further Information on firms appearing in bold face type will be found In tbe selected list o f investm ent Dealers following bank list In each city
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
STOCK EXCHANGE MEMBERS
1964
NEW Y O R K ST O C K EXCHANGE—Continued
Joseph & Co., Morris, 52 Wall St.
Joseph, J. Bernard, 60 Beaver St.
Josephthal & Co., 120 Broadway
Joyce, Morton D., 120 Broadway
Judson, Henry, 120 Broadway.
Junkin, Joseph de F., 3rd., 42 Broadway.
Jurgens, Herman E., 42 Broadway.
Kahn, Elliott M., 44 Wall St.
Kahn. Gustave H„ 25 Broad St.
Kahn, Harry, Jr., 87 Worth St.
Kamermayer, Henry, 120 Broadway.
Kaufman, Michael D. J r., 30 Broad St.
Kaufmann, Richard K., Alsberg & Co., 120 Broad
way
Kaufmann, Leo, 25 Broad St.
Kay, Richards & Co., Union Trust Co. Bldg., Pitts
burgh, Pa.
Kay, William de Young, 61 Broadway.
Kean. Taylor & C o.. 14 Wall St.
Kebbon, McCormick & Co., 231 S. LaSalle St.,
___ , . ’ ; _
Chicago, HI.
Keen & Co., 123 So. Broad St., Philadelphia, Pay
Kelley, Thomas F., 120 Broadway.
Kellogg, James Crane, 3rd, 120 Broadway.
Kemp, George S., P.O. Box 236, Richmond, Va.
Kerngood & Co., 39 Broadway.
Kerr, E. Coe, 120 Broadway.
Kerr & Armstrong, 120 Broadway.
Kerr & Co., L. S., 14 Wall St.
Kevet, Ralph E., 120 Broadway.
Kidder & Co., A. M., 1 Wall St.
KIDDER, PEABODY & CO., 17 Wall St.
Kimball, Hervey L., 42 Broadway.
King, Frank E., 6070 Alton Road, Miami Beach,
Fla.
King, Herbert George, 14 Wall St.
Kirk, William T., 3rd, 200 South St., Morristown,
N. J.
Klauber, Murray, 36 Wall St.
Klingénstein, Paul H., 25 Broad St.
Klorfein, Julius, 3—55th Ave.
Knapp, Arthur Jr., 120 Broadway.
Knapp, Theodore J., 61 Broadway
Koch & Co., Spencer B., 120 Broadway
Koehler, John H., 120 Broadway.
Kohler, Fish & Co., 63 Wäll St.
Kraebel, Raymond H., 120 Broadway.
KUHN, LOEB & CO., 52-54 William St.
Kutch John J., 25 Broad St.
La Branche, Arthur E., 120 Broadway.
La Branche, Geo. M. L., 50 Broadway.
La Branche & Company, 50 Broadway
Lackey, Frank Jr., 14 Wall St.
Ladenburg, Thalmann & Co., 25 Broad St.
Laidlaw & Co., 26 Broadway
Laird & Co., Nemours Bldg., Wilmington, Del.
Laird, Bissell & Meeds, 120 Broadway
Lamborn, Troup & Co., 11 Wall St.
Lamm, Harold J., 50 Broadway.
Lamson Bros. & Co., 141 W. Jackson Blvd.,
Chicago, 111.
•
' '
T.anahan, w. W., & Co., Calvert Bldg., Baltimore,
Md.
Langley & Co., W. C„ 115 Broadway
T.ftnman, Jonathan T. Jr., 120 Broadway.
Lapham, Frank E., Jr., 11 Wall St.
Larkin, Sylvester P., 40 Wall St.
Lawrence & Sons, Cyrus J., 115 Broadway
Lazard Freres & Co., 120 Broadway.
Leavitt, Phillip B„ 61 Broadway.
Lee, Cornelius S. Jr., 49 Wäll St.
Lehman Bros., 1 William St.
Lein, John P., 120 Broadway.
Leopold & Co., James M., 64 Wall St.
Levey, David E., 30 Broad St.
Levi, Frank S., 120 Broadway
Levinson, Edwin D ., 39 Broadway
Levy & Co., Robert J., 25 Broad St.
Lewinson & Co., Sydney, 120 Broadway
Lewis & Co., John H., 14 Wall St.
Lewisohn & Sons. Adolph. 61 Broadway
Lewisohn, Frank, 25 E. 86th St.
Lewisohn, Frederick, 595 Madison Ave.
Libaire, Stout & Co., 50 Broadway
Liberman. Herman N., Jr., 25 Broad St.
Limburg, Alan M., 120 Broadway
Linburn, Ernest A., 25 Broad St.
Linder, Harold F„ 61 Broadway.
Lindley, Daniel Allen, 300 Water St., Baltimore,
Md.
Upper, Arthur, Jr., 120 Broadway.
Livingston, Gerald M., 57 E. 64th St.
Lober Brothers & Co., 30 Broad St.
Lockwood, Peck & Co., 52 Broadway.
Loeb, Carl M. Rhoades & Co., 61 Broadway.
Loeb, Emanuel H., 120 Broadway.
Loeb, George A., 30 Pine St.
Loeb, Robert H., 30 Broad St.
Loew, W. G. .56 E. 93rd St.
Logan, Stuart, 208 S. LaSalle St., Chicago, HI.
Long & Co., 25 Broad St.
Louis & Co., J. C., Savoy Plaza Hotel, Fifth Ave.
& 58th St.
Low. Arthur J. 29 Broadway.
Lowenstein, Leo, 350 Fifth Ave.
Lowitz & Co., E., 29 Broadway
Lown, Percy D., 120 Broadway.
Luber, Harry I., 29 Broadway
Luber & Co., 29 Broadway
Luke, Banks & Weeks, 61 Wall St.
Lummls, John M., 1 Wall St.
Lustig, Jerome B., 41 Broad St.
MEMBERS
Lynch, G. Philip, 15 Broad St.
Lyon, W. Wallace & Co., 120 Broadway.
LYONS & CO., W. L., 231 S. 5th S t., Louis
ville, Ky.
Mabon & Co., 50 Broadway
MacArthur, Malcolm, 120 Broadway.
MacDonald & Co., 220 Real Estate Tr. Bldg.,
Philadelphia. Pa.
Mackay Alfred B., 14 Wall St.
M ACKUBIN, LEGG & CO., 22 L igh t S t.,
B altim ore, Md.
MacQuoid & Coady. 120 Broadway
Madden, Walter H., 120 Broadway.
Mahaffey, Birch 0., 2101 Missouri Pacific Bldg.,
St. Louis, Mo.
Mahoney, Walter J., 15 Broad St.
Maier, Albert J., 42 Broadway.
Maier .John A., 42 Broadway.
Maloney, Gregory P., 25 Broad St.
Manning, Shanley & Co., 11 Commerce St.,
Newark, N. J.
Maples & Goldschmidt, South Norwalk Trust Co.
Bldg., South Norwalk, Conn.
Marcus & Co.. 61 Broadway
Marcus & Co., J. H., 61 Broadway.
Marks, Eric H., 42 Broadway.
Marks & Co., Laurence M., 49 Wall St.
Marquis & Co., L. J., 41 Broad St.
Marsalis & Co., Thomas, 19 Rector St.
Marsh, James S., 40 Exchange PI.
Marshall, Campbell & Company, 61 Broadway.
Marshall, Levin R., 40 Wall St.
Masten, A. E., & Co., First National Bank Bldg.,
Pittsburgh, Pa.
,
Matheson & Lauro, 11 Wall St.
Mayer, Clinton 0., Jr., 120 Broadway
Mayer & Hart, 1 Wall St.
McCarthy, Daniel F., 39 Broadway
McClellan, George R., 40 Wall St.
McDermott & Co., Peter P.. 65 Broadway.
McDermott, David H., 65 Broadway.
McDonnell & Co., 120 Broadway.
McEneaney, Edward V., 120 Broadway
McGeoch & Wormser, 14 Wall St.
MoGough & Schuman. 61 Broadway.
McIntyre, Hugh B„ 120 Broadway.
McKay, N. Bruce, 42 Broadway.
McKelvey & Co., Union Trust Co. Bldg., Pitts
burgh, Pa.'
McKenna, Arthur J., 120 Broadway.
McKenna, James, 15 Broad St.
McKennzie, Joseph E., 11 Wall St.
McKeon, Daniel Manning, 71 Broadway.
McKeon, Robert Manning, 71 Broadway.
McLaughlin, Joseph A., 120 Broadway.
McLean & Bishop, 42 Broadway
McMannus & Mackey, 15 Broad St.
McShain, John, 17th & Spring Garden Sts.,
Philadelphia, Pa.
McVickar, E. S. J., 49 Wall St.
Meehan & Co., M. J., 30 Broad St.
Meffert, Robert F., 11 Wall St.
Melady, William J., 39 Broadway.
Melhado, Allan L., 120 Broadway
Mellick, J. Hartley, Jr., 120 Broadway.
Mellon, Charles Henry, 25 Broadway.
Mensch, Bernard L., 29 Broadway.
Mensch, Milton. 29 Broadway.
Merrill & Co., 36 Pearl St., Hartford, Conn.
Merrill Lynch, Pierce, Fenner & Beane, 70 Pine St.
Mesirow, Norman. 135 S. La Salle St., Chicago, 111.
Metz, Hines 0., 60 Beaver St.
Miller & Dodge, 30 Broad St.
Miller, Bernard, 61 Broadway
Miller, Frank A., 25 Broad St.
Mills, Herbert L., 14 Wall St.
Minton, David M., Jr., 120 Broadway
Minton, Robert Henry, 120 Broadway
Mitchel, Whitmer, W atts & Co., 14 Wall St.
MITCHELL, HUTCHINS & CO., 231 S . La
Salle S t., Chicago, 111.
Mol, A. A., 1 Wall St.
Montgomery, Rodman B., 14 Wall St.
Montgomery, Scott & Co., 120 Broadway.
Moore & Co., D. T., 50 Broad St.
Moore, J. Clark, Jr., 123 So. Broad St., Philadel
phia, Pa.
Moore, Leonard & Lynch, 14 Wall St.
Moore & Schley, 100 Broadway.
Moors & Cabot. I l l Devonshire St., Boston, Mass.
Morgan & Company, Henry, 42 Broadway
Morgan, Stanley & Co., 2 Wall St.
Morris, Alfred M., 61 Broadway.
Morris, A. W., & Co., 325 W. 8th St., Los Angeles,
Calif.
Morris, Jeremiah R., 120 Broadway.
Morrison, H. Terry, 61 Broadway.
Morse, Anthony W., 60 Beaver St.
Morse, Sidney N., 120 Broadway.
MOSELEY & CO., F . S ., 14 Wall S t.
Muir & Co., John, 39 Broadway.
Muller & Schryver, 40 Wall St.
Munn & McCauley, 30 Broad St.
Myles, John L., 120 Broadway.
Nammack, Jerome W., 40 Wall St.
Nash & Co., I l l Broadway.
Neilson, C. Frederic, Jr., 14 Wäll St.
Neiison, Louis, 14 Wall St.
Nelson, Palen, 115 Broadway.
Neuberger & Berman, The Biltmore Hotel,
Madison Ave. and 43rd St.
Neuberger, Harry H., 39 Broadway.
Newbold’s Son & Co., W. H., 1517 Locust St.,
Philadelphia, Pa.
NewDorg & Co., 30 Broad St.
Newburger & Hano, 1419 Walnut St., Philadelphia,
Pa.
Newburger, Loeb & Co., 40 Wall St.
Newcombe & Co., Chas. M.,,111 Broadway
Newhard, Cook & Co., 400 Olive St., St. Louis
Mo.
Newman Bros. & Worms, 25 Broad St.
Newsome, John C., 25 Broad St.
Newton, Robert P., 61 Broadway
Nick & Co., J. F:, 11 Wall St.
Nims, Arthur V., 11 Wall St.
Noble, Henry S., 42 Broadway.
Norris & Kenly, 209 S. LaSalle St., Chicago, 111.
Norris, Donald Lee, 61 Broadway
Noyes & Co., David A., 208 S. La Salle St.,
Chicago, HI.
Noyles, Julius W., 65 Broadway.
Nugent & Igoe, 19 No. Harrison St., East Orange,
N. J.
Nuttall & Co., R. V., Park Bldg., Fifth Ave. and
Smithfield St.. Pittsburgh, Pa.
O’Brien & Co., E. F., 15 Broad St.
O’Connell & Co., 49 Fedefal St., Boston, Mass.
O’Connor & Chesebrough, 50 Broadway
Oler, Wesley M., 24 Sussex Garden, Rye, N. Y.
Oliphant & Co., Jas. H., 61 Broadway
Oltman, H. Herbert, 1 Wall St.
Onativia, J. V., 1 Wall St.
Orvis Brothers & Co., 14 Wall St.
Orvis, Schuyler A., 14 Wall St.
O’Sullivan, James J., Room 512, 39 Broadway.
Owen, Percy Jr., 1356 Penobscot Bldg., Detroit,
Mich.
Page, Francis S., 71 Broadway.
Paine, Webber, Jackson & Curtis, 25 Broad St.
Paley, Archie, 39 Broadway
Parker, Alfred P., 59th St. & 5th Ave.
Parrish & Co., 40 Wall St.
Pearl, Dyer, 1 Wall St.
Peck, Barney, 120 Broadway.
Peet & Co., H. O., 23 W. 10th St., Kansas City,Mo.
Pell & Co., 14 Wall St.
Penington, Colket & Wisner, 70 Pine St.
Perkins, Erickson & Co., Powers Bldg., Rochester,
N. Y.
Perkins, Thomas L., 30 Rockefeller Plaza
Pershing & Co., 120 Broadway.
Pflugfelder, Bampton & Rust, 61 Broadway.
Pforzheimer & Co., Carl H., 25 Broad St.
Fillot, Andre P., 48 Wall St.
PIPER, JAFFRAY & HOPWOOD, 115 S. 7th
St., Minneapolis, Minn.
Pollard & Company, 120 Broadway.
Post, George B., 2 E. 62nd St.
Potter, Earl S., 120 Broadway
Potter, Eliphalet N., 25 Broadway.
Potter, J. W. Fuller, 120 Broadway
Potts, William B., Jr., 15 Broad St.
Potts, William Rockhill, 14 Wall St.
Prescott & Co., 101 Guardian Bldg., Cleveland,
Ohio.
Pressprich & Co., R. W., 68 William St.
Price & Co., Geo. E., 60 Beaver St.
,
Prince, Fred’k H., 15 Westminster St., Provi
dence, R. I.
■
_
Proctor, Cook & Co., 35 Congress St., Boston,
Proskauer, Richman, 11 Wall St.
Pryibil, Paul, 120 Broadway.
Purcell & Co., Edward A., 65 Broadway.
Purcell, James G., 115 Broadway.
Putnam & Co., 6 Centräl Row, Hartford, Conn.
Pyne, Kendall & Hollister—Reynolds, Fish & Co.,
120 Broadway
Quincey & Co., Chas. E., 25 Broad St.
Quinn, Benedict N., 61 Broadway.
Raebeck, William, 120 Broadway
Raiss .John, 52 Wall St.
Rand, William, 61 Broadway
Raschen, John W., 42 Broadway.
Ray, Joseph B., 120 Broadway.
Rayner, Thomas, 42 Broadway.
Reckling, Harold M., 42 Broadway
Reed & Co.. 8 Foster St. .Worcester, Mass.
Regan & Moore, 120 Broadway
Reeves, Edward J., 120 Broadway
Reid, Fergus, Jr., 14 Wall St.
, XT T
Reilly, Wm. B.. 50 Freeman St.. Newark, N. J.
Reiner & Co., Milton E., 120 Greenwich St.
REINHOLDT & GARDNER, 400 Locust St.,
St. Louis, Mo.
Reynolds & Co., 120 Broadway.
Rheinstein, Sidney, 30 Pine St.
Rhodes, Edmund, 30 Broad St.
Rhodes, Gilbert L.. 120 Broadway.
,
Rice & Co., Daniel F., 141 W. Jackson Blvd.,
Chicago, 111.
■
Rice, Edward J., 52 Wall St.
Rich & Clark, 65 Broadway.
Richard & Co., C. B., 44 Beaver St.
Further Information on firms appearing in bold face type will be found in the selected list o f Investm ent Dealers following bank list in each city.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
1965
STOCK EXCHANGE MEMBERS
NEW YO R K STO C K EXCHANGE—Continued
Richards, 0 . Fred. 52 Wall St. .
Richards, Fred L., 36 Wall St. ,
Richards, Hume & Heffernan, 14 Wall St.
Ristine & Co., F. P., 15 Broad St.
Riter & Co., 40 Wall St.
Rittmaster, David H., 25 Broad St.
Rives, Reginald B., 120 Broadway.
Roberts & Co., 61 Broadway
Robertson & Co., 40 Wall St.
Robinson, Henry B., 1518 Walnut St., Philadel
phia, Pa.
:j£
Rockefeller, Laurance S., 30 Rockefeller Plaza.
Rodney, Earle H., 745 Fifth Ave.
Roesler, Walter, 50 Broadway
Rogers, Frank C., 1 Wall St.
Rogers, Wilbur H., 120 Broadway.
Rollins, Ernest C., 52 Broadway.
Rollins, G. Edward, 70 Pine St.
Romaine, Theodore C., 1 Wall St.
Rose & Co., Luke H., 61 Broadway
Rose, Raymond S., 30 Broad St.
Rosenau, Walter N., 1 Wall St.
Rosenbaum, Low & Co., 25 Broad St.
Rosenbaum & Co., William M„ 285 Madison Ave.
Rosenthal, Alan H., 21 E. 87th St.
Rossbach, Laurence B., 36 Wall St.
Rossmann & Co., F. L„ 120 Broadway.
Roth & Co., B. H., 25 Broad St.
Roth & Co., E. J., 41 Broad St.
Rothschild & Co., 135 S. LaSalle St., Chicago, 111.
Rothschild & Co., L. F„ 120 Broadway.
Russell, Marshall H., 120 Broadway
Russell, N. F. S., Burlington, N. J.
Russhon, George, 19 Rector St.
Rutherfurd, John, 120 Broadway.
Sabater, William F., 42 Broadway.
Sachs, Melville Foreman, 30 Broad St.
Sackett & Co.. Ray P., 71 Broadway
Sagar & Co., W. S., 30 Pine St.
Sage & Ço., 52 Wall St.
SALOMON BROS. & HUTZLER, 60 Wall St.
Salomon & Co., F. L., 30 Broad St.
Salomon, Robert S., 60 Wall St.
Salomon, William, R., 60 Wall St.
Salzer. Herbert D.. 120 Broadway.
Sam, Milton, 30 Broad St.
Samuel & Co.. Ralph E.. 115 Broadway.
Sargeant, Malo & Co., Equitable Bldg., Denver,
Colo.
Sartorius, Engel & Co., 39 Broadway
Satterfield, John P., 120 Broadway
Scarritt & Bardach; 120 Broadway
Schafer Bros,, 120 Broadway.
Schafer, Myron, 30 Broad St.
Scheftel, Herbert, 32 E. 57th St.
Schenker, Adolph, 30 Broad St.
Schiff & Young, 25 Broad St.
Schirmer, Atherton & Co., 50 Congress St., Boston,
Mass.
Scholl, Thomas F„ 50 Broad St.
8cholle Brothers, 40 Wall St.
Schonfield, Jacob, 60 Beaver St.
Schreiber, Pierrepont D., 120 Broadway.
Schwabach & Co„ E. R., 25 Broad St.
Schwabacher & Co., 600 Market St., San Fran
cisco, Calif.
Schwabacher Herman S., 25 Broad St.
Schwartz, Herman, 14 Wall St. .
Schweppe, E. Poynter, 39 Broadway.
Scott & StringfeUow, P. O. Box 1575, Richmond,
Va.
Scranton & Co., Chas. W., 209 Church Si., New
Haven, Conn.
Seaman Henry Brevoort, 42 Broadway.
Seaman, Joseph H., Lee Avenue, East Hampton,
N. Y.
Seasongood & Haas, 63 Wall St.
SELIGMAN & CO., J. & W., 65 Broadway.
Seligman, James, 30 Broad St.
Seligmann, George A., 120 Broadway.
Seligmann, Julius, Drawer 38, Station A., San
Antonio, Tex.
Seligsbers & Co., 50 Broad St.
Seskis, John Y., 50 Broad St.
Sesselberg, Arthur W., 120 Broadway
Shaskan & Co,, 40 Exchange PI.
Shaw, George W., c/o Bell & Beckwith, Toledo,
Ohio.
Shea & Co., James F., 1 Wall St.
Shearson, Hammill & Co., 14 Wall St.
Shethar, John B., 120 Broadway.
Shields & Company, 44 Wall St.
Shields, Robert McC., 61 Wall St.
Shippee & Rawson, 111 Broadway.
Sholtz, Carl, 139 N. E. First St., Miami, Fla.
Shufro, Rose & Co., 1 Wall St.
Sichel, Eugene A., 120 Broadway.
Siegel, Isaac, 54 Pine St.
Sierck, Herbert W., 42 Broadway
Sigesmund, Raymond, 509 N. Seventh St., Steu
benville, Ohio
Silverman, Clement M., 60 Beaver St.
Simmons, E. H. H„ 50 Broad St.
Simmons, Zalmon G., Jr., 254 Park Ave.
SIMON & CO., I. M., 315 N. 4th St., St. Louis,
Mo.
Simonds, Robinson, 130 E. 75th St.
Sincere & Co., 231S. La Salle St., Chicago, 111.
Singer, Deane & Scribner, Union Trust Bldg.
' Pittsburgh, Pa.
MEMBERS
Slater, Robert V., 36 La Gorce Circle, Miami
Beach, Fla.
Slaughter, Horne & Co., 66 Beaver St.
Sloan, Benson B., 14 Wall St.
Smith, Barney & Co., 14 Wall St.
Smith, Bernard E.. 11 Wall St.
Smith, E. E. T., 61 Broadway
Smith, Frank & Co.. 200 Fifth Ave.
Smith, Herbert L„ Jr., Clifton Farm, Orange, Va.
Smith, Kenneth R., 120 Broadway.
Smith, Ralph C., 14 Wall St.
Smith, Wilbur F., 70 Pine St.
Smith & Gallatin, 11 Wall St.
Smith & Irle, 30 Broad St.
SMITHERS & CO., F. S., 115 Broadway
Snedeker, Charles V., 14 Wall St.
Snyder, Wilson & Co., 410 Madison Ave., Toledo,
Ohio:
Somers & Schafer, 50 Broadway
Spalding, Philip, 14 Wall St.
Sparks & Co., J. W., 1510 Chestnut St., Philadel
phia, Pa. Spear & Leeds, 54 Pine St.
Sperber, Benjamin, 25 Broad St.
Spero & Klauber, 120 Broadway.
Sperry, Stuart M., 17 Wall St.
SDeyer, Alexander C., Jr., 61 Broadway.
Spielman, David B., 50 Broadway.
Sningarn & Co., Leopold, 29 Broadway.
Sprague, Raymond & Co., 39 Broadway.
Stafford, Wm. F., 1 Wall St.
Stafford, Shields & Robinson, 39 Broadway
Stamm & Co., A. L„ 120 Broadway
Stanton & Co., 29 Broadway.
Starkweather & Go., I l l Broadway.
Starr, William T„ 61 Broadway.
Stebbins, Ernest Vail, 42 Broadway.
Stein Bros. & Boyce, 6 S. Calvert St., Baltimore,Md.
Stein, Jiiles C„ 9370 Burton Way, Beverly Hills,
Calif.
Steiner, Rouse & Company, 25 Broad St.
Sterling, Grace & Co., 50 Broad St.
Stern & Co., Allison, 25 Brpad St.
Stern Brothers, 39 Broadway
Stern, Edwin H., Jr., 120 Broadway
Stern, Frederick M., 61 Broadway
STERN, LAUER & CO.; 30 Pine St.
Sternberger, Henry S., 1 Wall St.
Stevens & Legg, 11 Wall St.
Stevenson & Bartram, 120 Broadway.
Stewart, John A., 3rd, 120 Broadway.
Stewart, John G. & Co., 1 Wall St.
Stillman, Maynard & Co., 61 Broadway
Stokes, Hoyt & Co., 61 Brqadway.
Stone Bros., 14 Wall St.
Stonehill, Harold S„ 39 Broadway
Stout, Bayard Dominick, 120 Broadway.
Stralem, Pierre, 44 Wall St.
Strassburger & Co., 133 Montgomery St., San
Francisco, Calif.
Strasser, Robert, 120 Broadway.
Straus, Ferdinand A., 25 Broad St.
Strauss, Max, 120 Broadway.
Strauss, Phillips & Co., 120 Broadway
Stroock & Co., Stephen J„ 1 Wall St.
Struthers & Dean, 40 Wall St.
Sulzbacher, Granger & Co., I l l Broadway.
Sutro & Co., 407 Montgomery St., San Francisco,
Calif.
Sutro Bros. & Co.. 120 Broadway
Sweetser & Co., 65 Broadway.
Swenson, Edward F., 36 Wall St.
Swinnerton & Co., R., 36 Wall St.
Sykes, Howard C., 19 Rector St.
Talcott, Potter & Co., 347 Madison Ave.
Talmage, John D., 40 Exchange PI.
Tanburn, Stephen A., 50 Pine St.
Taylor, Bates & Co., 48 Wall St.
Taylor & Co., W. R. K., 120 Broadway
Tenney, Harral Straat, Jr., 120 Broadway
Tenney, Rockwell C„ 40 Broad St., Boston, Mass.
Thaw, Lawrence Copley, 65 Broadway.
Thomas, Richard Russell, Locust, N. J.
Thomson & McKinnon, 11 Wall St.
Thomas, Wiiliamsoh, Locust, N. J.
Thorne & Co., F. B. 14 Wall S t
Tierney, Andrew J., 120 Broadway.
Tifft Brothers, Third National Bank Bldg.,
Springfield, Mass.
Tifft, Charles, Brewster, Mass.
Timmins & Company, J. R., 61 Broadway.
Tobey & Co., 29 Broadway.
Tobey & Kirk, 52 Wall St.
Toerge & Schiffer, 40 Wall St.
Tompkins. Frederic P., 120 Broadway.
Torgerson, Reinert M., 40 Wall St.
TOWNSEND, DABNEY & TYSON, 30 State
St., Boston, Mass.
Townsend, Graff & Co., 120 Broadway.
Trask & Co., Spencer, 25 Broad St.
Trask, John J., 1 Wall St.
Travers & Taylor, 120 Broadway
Travers, Leo B., 120 Broadway.
Trimble & Co., 1421 Chestnut St., Philadelphia,
Pa
Trubee, Collins & Co., M & T Bldg., Buffalo, N. Y.
Tucker, Anthony & Co., 120 Broadway
Tuller, Crary & Co., 63 Wall St.
Turner, Wallis S., 50 Broadway.
Turnure & Co.-Blyth & Bonner, Lawrence, 50
Broadway
Tuthill, John L., 25 Broad St.
Tweedy, Edmund R.. 120 Broadway.
Ungerleider & Co., 41 Broad St.
Untermeyer, Milton F., 60 Beaver St.
Untermeyer, Milton F., Jr., 60 Beaver St
Vachio, Frank A., 42 Broadway.
Van GHefi Ray A., 617 Mutual Bldg., Richmond
Va.
Vanneck, John, 17 E. 42nd St.
Van Suetendael & Co., A. O., 20 So. Broadway,
Yonkers.
Vaughan & Company, 50 Broadway
Vercoe & Co., Huntington Bank Bldg., Columbus,
Ohio.
Vernon, Miles H., 1 Wall St.
Vesce, Anthony P., 52 Broadway.
Vesce, Joseph V., 71 Broadway.
Vietor, Common, Dann & Co., Ellicott Square
Bldg., Buffalo, N. Y.
Vilas & Hickey, 49 Wall St.
Viner, Edward A. & Co., 149 Broadway
Wadsworth, Willard, 40 Wail St.
Wagner, Stott & Co., 19 Rector St.
Wainwright & Co., H. C., 60 State St., Boston
M[ftss.
Wainwright, Luce and Willetts, 52 Wall St.
Waldheim, Platt & Co., 308 N. Eighth St., St.
Louis, Mo.
Walker & Co., G. H., 1 Wall St.
Walker & Sons, Joseph, 120 Broadway
Wallace, James N., Delray Beach, Fla.
Waller & Co., 115 Broadway
Walston, Hoffman & Goodwin, 265 Montgomery
St., San Francisco, Calif.
Ward, Charles J., Room 2728, 17 Battery PL
Ward, Graver & Company, 40 Exchange Place.
Wardle, H. Allen, 40 Wall St.
Ware & Keelips, 100 Broadway.
Wasserman & Co., 40 Wall St.
Watling, Lerchen & Co., Ford Bldg., Detroit, Mich.
Watson, Charles F., Jr., 120 Broadway
Watson, George E., Jr., 1 Wall St.
Watson & Co., T. L., 40 Wall St.
Watts, Philip H., Room 1317, Dept, of Com
merce Bldg., Washington, D. C.
Weekes, Harold H., 30 Pine St.
Weil & Doyle, 30 Broad St.
Weü, Arthur C., 25 Broad St.
Weil, Sylvan E., 60 Beaver St.
WELLINGTON & CO., 120 Broadway
Wertheim, Albert, 120 Broadway.
WERTHEIM & CO., 120 Broadway
Westheimer & Co., 324 Walnut St., Cincinnati,
Ohio.
Whaley, FredericK C., 120 Broadway
Wharton, Richard T., 14 Wall St.
White, Frederic N. Lawrence, 120 Broadway.
White, Leonard D., 20 Exchange PI.
White, Loomis L., 120 Broadway.
White, Weld & Co., 40 Wall St.
Whitehead, Edward R., 52 Broadway.
Whitehead, Edward R., Jr.. 52 Broadway.
Whiteley, Aubrey S., 1 Wall St.
Whitman, Herbert S., 120 Broadway.
Whitney, Allen B., Dock Road, East .Islip, N. Y.
Whitney & Elwell, 30 State St., Bòston, Mass.
Whitney (H. N.), Goadby & Co., 49 Wall St.
Wiesenberger & Co., Arthur, 56 Beaver St.
Wilcox & Co., 14 Wall St.
Wilder, George H., 1 Wall St.
Willett, George, 61 Broadway.
Williams & Co., Blair S., 14 Wall St.
Williams, Clark, 1 Wall St.
Williams, Kenneth R., 4 E. 88th St.
Williston & Co., J. R., 115 Broadway.
Wilson, Alanson H. R., R. F. D. 2, Westwood, N. J.
Wineman, Weiss & Co., 40 Wall St.
Winkhaus, John T. Jr., 120 Broadway.
Wïnmill, J. Bassett, 1 Wall St.
Winslow, Douglas & McEvoy, 120 Broadway
Winsor, George A., Room 1404, 115 Broadway
Winthrop, Robert & Co., 20 Exchange PI.
Winthrop, Whitehouse & Co., 1 Wall St.:
Witter, Dean & Co., 45 Montgomery St., San
Francisco. Calif.
WOOD & CO., A. C., Jr., 511 C h estn u t S t.,
Philad elph ia, Pa.
Wood, Struthers & Co., 20 Pine St.
Wood, Walker & Co., 63 Wall St.
Woolner, Adolph, 36 Wall St.
.
Worthington, George L„ 120 Broadway.
Wright, Charles A., 60 Beaver St.
Wright, Charles C., 330 Bay St., Toronto, Ontario.
Wurts, Dulles & Co., 1416 Chestnut St., .Phila
delphia, Pa.
Wyle, John J., 50 Broadway.
Yarnall & Co., 1528 Walnut St., Philadelphia, Pa.
Young, T. Sloan, 30 Pine St.
Zucker, Arthur A., 29 Broadway
Zuckerman, Paul S., 39 Broadway.
Zuckerman, Paul S. & Co., 39 Broadway
Further Information on firms appearing In hold face type will be found In the selected list o f Investm ent Dealers following bank list In each city
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
1966
STOCK EXCHANGE MEMBERS
O H IO
CINCINNATI STO CK EXCHANGE
(208-209-210 Dixie Terminal Bldg.)
Officers: J. B. Reynolds, President
E. J. Weston, Vice-President;
L. J. Nussloch, Treasurer;
Chas. H. Steffens, Secretary
SCHEDULE OF RATES OF COMMISSION (May 11, 1942)
Section 2. Commission rates to non-members. There shall be
change, as well as on the Cincinnati Exchange, either the Cincinnati rate or
charged the following commission to non-members on stocks, rights, warrants
the rate required by the rules of the other Exchange may apply.
and fractional shares.
Section 3. Give Ups. On business for members of the Exchange when
the principal is given up the commission shall not be less than the rates
. Price Per Share
Rate Per Share
given
below on stocks listed only on the Cincinnati Stock Exchange.
1/64 of $1 but under 1/16 of $1—
...
%c
1/16 of $1 and above but under % of $1.
__
lc
R ate per share
% of $1 and above but under 3^ of $1__.
Vi of $1 and above but under $ 1 ._ ____
5c
Selling under $1.00 per sh a re.._____ . . . . . _____ as mutually agreed upon
$ 1 and above but under $ 2 . . __ ___
7c
Selling at $1.00 but under $5.00_______________
Not less than lc
$ 2 and above but under $ 3_
8c
Selling at $5.00 but under $10.00___________
Not less than 3c
$ 3 and above but under $ 4 ___ . . . .
__
9c
Selling
at
$10.00
and
above____________________
_____
Not
less than 4e
$ 4 and above but under $ 5___ ____
10c
$ 5 and above but under $ 10_______
.....
15c
On stocks listed Jointly on the New York and Cincinnati Stock Exchanges
$ TO and above but under $ 40______
25c
the Commission shall not be less than the rates given below. (These rates
$ 40 and above but under $ 80— ___ _
30c
also apply to Aluminum Industries, American Laundry Machinery, Eagle
$ 80 and above but under $100_______
35c
Picher Lead, and Waco Aircraft.
$100 and above but under $150.^____ _
40c
$150 and above____ ______ _________
Y% of 1% of amount
Selling under $1.00 per share...................................as mutually agreed upon
Selling at $1.00 but under $5.00............................................. Not less than lc
M inimum commission on stocks, rights and bonds. The follow
Selling at $5.00 but under $10.00..........
Not less than 2c
ing is the minimum amount of commission which shall be charged non
Selling at $10.00 and over................................................ .N ot less than 2%z
members on stocks, rights, fractional shares and bonds.
Amount Involved
Commission
On odd lot business in a stock in which an odd lot book is operated, the
Under $5............................ . . . .
.As determined by Broker
give up fee, when operating for the odd lot dealer, shall not be less than onehalf the regular give up rate.
$5 and above but under $10—
$1.00
$ 2.00
$10 and above but under $50..
On business for members of the Exchange, the commission on rights and
$50 and above but under $100.
$3.00
warrants shall be the same as on stocks except in the case of rights and war
Over $100________ ________
$4.00
rants selling below $1.00, on which the commissions may be mutually agreed
upon.
Commission on Bonds—The commission on bonds shall be $4.00 per
On business for members the commission on bonds shall not be less than
$1,000 face Value. On less than $1,000 face value the minimum commis
40 cents per $1,000 par value on bonds.
sions apply. On more than $1,000 face value the rate shall be 40c per $100
face value.
Section 4. Clearance Business. On business for members of the Ex
Commission rates on dually listed securities. As to stocks, rights
change when the principal is not given up, the commission shall not be less
and bonds which are listed or traded on another National Securities Exthan one-half of the non-member rates.
Bartlett, BenJ. D. & Co., 313 Vine Street.
Barth, J. L., Dixie Terminal Bldg.
Barth Co., J. L., Dixie Terminal Bldg.
Beane, A. C., 70 Pine St., New York
Beiser, Geo. W., 217 Dixie Terminal Bldg.
Cohle, H. B. & Co., Union Trust Bldg.
Cohle, Herman B., Union Trust Bldg.
Cree, H. EUwood, 144 N. E. 2nd Ave,, Miami, Fla.
Dominick & Dominick, 115 Broadway, New York.
Fox & Co., W. E., Fourth Natl. Bank Bldg.
Friedlander, A. J., 313 Vine St.
Gradison, W. D. & Co., 408 Dixie Terminal Bldg.
REGISTERED FIRMS
Hill & Co., Carew Tower.
Hill, Kenneth P., Carew Tower
Hutton, W. E. & Co., First National Bank Bldg.
Hutton, J. M., First Natl. Bank Bldg.
Jones, Herbert A., 408 Dixie Terminal Bldg.
Lepper, A., & Co., First National Bank Bldg.
Lepper, Milton W., First Natl. Bank Bldg.
Lowenthal, Ben, 209 Dixie Terminal Bldg.
Merrill Lynch, Pierce, Fenner & Beane, Union
Trust Bldg.
Nussloch, Leo J., Fourth N at’l Bank Bldg.
Reiter, C. H., & Co., Union Trust Bldg.
Reiter, Clifford H„ Union Trust Bldg.
Reynolds, Jos. B., 313 Vine St.
Simpson, Wm. S„ Union Trust Bldg.
Stephenson & Potter, Union Central Bldg.
Stephenson, S. F., Union Central Bldg.
Stout, Gardner D., 115 Broadway, New York, N.Y.
Tyree, Victor L., 2324 Park Ave.
WEIL, ROTH & IRVING CO., THE, 217
Dixie Terminal Bldg.
Westheimer, Chas. L, First National Bank Bldg.
Westheimer & Co., First National Bank Bldg.
Weston, E. J., St. Paul Bldg.
CLEV ELA N D S T O C K EXCHANGE
Officers: S. Prescott Ely, Acting President;
W. T. Robbins, Treasurer:
♦ Wm. J. Perry, Acting Secretary.
♦ C. B. Whitcomb, Secretary (on leave of absence).
SCHEDULE OF COMMISSION RATES
Minimum
Effective March 24, 1942
Commission
STOCKS, RIGHTS AND WARRANTS
BONDS
Per $1000
M inimum
Par Value
Commission
All Bonds (except those with a maturity date within two years)__ $2.50
Selling Price Per Share
Rate Per Share
With a maturity date within two years__ ___ _____ ___ ____
1.25
Under H —
- - - ..........................
3c
% and up to and including
%
5c
$ 1 and up to and including 2%
10c
MINIMUM
$ 3 and up to and including 4%
12% c
$ 5 and up to and including 9%
15c
Notwithstanding
the
foregoing
the minimum commission, when the amount
$10 and up to and including 14%
17% c
$15 and up to and including 19%
20c
involved in a transaction is less than $10, shall be as mutually agreed; when
$20 and up to and including 24%
25c
the amount involved is $10 or more, but less than $50, the minimum com
$25 and up to and including 29%
30c
mission shall be not less than 6% of such amount or $1, whichever is greater;
$30 and up to and including 34%
35c
$35 and up to and including 39%
40c
and when the amount involved is $50 or more, but less than $100, the mini
$40 and up to and including 44%
45c
mum commission shall be not less than $3; and when the amount involved
$45 and up to and including 100_
50c
is $100 or more the commission shall be not less than $5.
Over $100.
.Base rate of 50 cents per share
These minimums shall apply, except when the minimum is less than the
plus 1 cent for each $1 of the
price per share over $100.
per share rate, in which case the per share rate shall apply.
MEMBERS
BACHE J. S., & CO., 200 National City Bldg.
Green, A. B., Green, Wolfe & Co., N. B. C. Bldg.
Morrow, F. W., 1147 Union Commerce Bldg.
Green, Wolfe & Co„ N. B. C. Bldg.
Murch, Maynard H., 1186 Union Commerce Bldg.
♦Bahl, Jr., Gaylord W., Mansfield, Ohio.
Halle, E. S., Will S. Halle & Co., 511 Swetland
Murch & Co., Maynard H., 1186 Uoion Commerce
Ball, Coons & Co., 502 Union Commerce Bldg.
Bldg.
Bldg.
Baugh. Daniel III, 1280 Union Commerce Bldg.
Halle & Co., Will S., 511 Swetland Bldg.
Paine, Webber, Jackson & Curtiss, 1990 Union
♦Bell & Beckwith, Home Bank Bldg., Toledo, Ohio
Hawley, Dudley A., Hawley, Shepard & Co., 1436
Commerce Bldg.
Birchard, L. 0 ., 101 Guardian Bldg.
Union Commerce Bldg.
Parsons, E. E., Wm. J. Mericka & Co., Inc., 1116
Borton, Kay & Co. Inc., 1837 Union Commerce
Hawley, Shepard & Co., 1436 Union Commerce
Union Commerce Bldg.
Bldg.
Bldg.
Prescott & Co., 101 Guardian Bldg.
Borton, T. E., 1837 Unipn Commerce Bldg.
Hayden, Miller & Co., 1250 Union Commerce Bldg.
Quinn, W. P. & Co., 1400 Union Commerce Bldg.
Brown; P. W., Hornblöwer & Weeks, 1040 Union
Hornblower & Weeks, 1040 Union Commerce Bldg.
Reid,.Burton T ./B all, Coons & Co., 502 Union
Commerce Bldg.
Jaffe, G. E., H. P. Quinn & Co., 1400 Union Com
Commerce Bldg.
Butler, Wick & Co., Youngstown, Ohio.
merce Bldg.
Robbins, Gunn & Co., 2007 Union Commerce Bldg.
Robbins. William T., 2007 Union Commerce Bldg.
Cayne, M. A., Fidelity Bldg.
Ledogar-Horner Co., 1141 Union Commerce Bldg.
Cayne, M. A. & Co., Fidelity Bldg,
Sampliner, S. H., 200 National City Bldg.
Macklin, Gordon S., 1280 Union Commerce Bldg.
Cole, N. V., Ledogar-Horner Co., 1141 Union
Schudt, Charles, 1990 Union Commerce Bldg.
Macklin, Gordon & Co., 1280 Union Commerce
Commerce Bldg.
Schultz & Co., L. J., 736 Union Commerce Bldg.
Bldg.
♦Collin, Norton & Co., Gardner Bldg., Toledo, O.
Schultz, L. J., 736 Union Commerce Bldg.
Mason, Lloyd W., 25 Broad St., New York, N. Y.
Cunningham, R. I., Cunningham & Co., 1846
♦Secor, James J., Home Bank Bldg., Toledo, Ohio
Masters,
Olan
B.,
Union
National
Bldg.,
Youngs
Union Commerce Bldg.
Smith,
W. H., 215 Cuyahoga Bldg.
town, Ohio
Cunningham & Co., 1846,Union Commerce Bldg.
Snyder, Robert W., 2027 Union Commerce Bldg.
McClintock.
A.
R.,
1040
Union
Commerce
Bldg.
Curtiss, House & Co., 1201 Union Commerce Bldg.
Snyder
& Co., W. B., 2Ö27 Union Commerce Bldg.
McDonald-Coolidge & Co., 1001 Union Commerce
Stern, Morton F., 200 National City Bldg.
Bldg.
Ely, S. Prescott, Curtiss, House & Co., 1201
Stiver, Lawrence, 200 National City Bldg.
McLaren, H. B., 1001 Union Commerce Bldg.
Union Commerce Bldg.
Mericka, Wm. J. & Co., Inc., 1116 Union Com
Thoburn, Theodore, 1250 Union Commerce Bldg.
Gillis, Russell & Co., 1582 Union Commerce Bldg.
merce Bldg.
♦Walbridge, W. Sinclair, Gardner Bldg., Toledo,
Ginther, Paul H., 1582 Union Commerce Bldg. •
Merrill Lynch, Pierce, Fenner & Beane, 215
Ohio.
Gottron, Richard A., Gillis, Russell & Co., 1582
Cuyahoga Bldg.
Witt, John P., 2029 Union Commerce Bldg.
Union Commerce Bldg.
Morrow & Co,, 1147 Union Commerce Bldg.
Witt* John P. & Co., 2029 Union Commerce Bldg.
(Associate Members *)
Further Inform ation on firms appearing In bold face typ e w ill be fou n d in th e selected lis t o f In v estm en t D ealers follow in g bank lis t in each city
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
STOCK EXCHANGE MEMBERS
1967
P E N N S Y L V A N IA
P H ILA D ELP H IA S T O C K EXCHANGE
Officers: Edgar Scott, President; Frank E. Baker, Vice-President; John R. Huhn, Jr., Secretary; Henry D. Boenning, Treasurer;
Thomas B. Gravatt, Assistant Secretary, Assistant Treasurer and Auditor.
_
_
COMMISSION RATES
{April 2, 1942)
NON-MEMBER COMMISSION RATES ON STOCKS AND
COMMISSION RATES BETWEEN MEMBERS ON STOCKS
AND SUBSCRIPTION RIGHTS
SUBSCRIPTION RIGHTS
WHEN CLEARED
R ate P er Share
Price Per Share
Rate Per Share
Price P er Share
C ents
Cents
0.1
1/250 of $1--................ ......................................................... .
.........................................
0.05
1/256
Of
$1...................................
1/128 of $1....................... ........................................... ........
0.15
1/128 Of $ 1 . . . .................. . . . . _____________ _____ ____
o.l
0.5
1/64 of $1 and above but under 2/32 of $1___________ __
_
0.2
1/64
of
$1
and
above
but
under
2/32
of
$1__________
2/32 of $ 1 ..---------------------- --------------------------------- 0.5
2/32 of $1---------------------------------------____--------------0.375
Over 2/32 of $1 but under 8/32 of $1_________________ _
1
Over 2/32 of $1 but under 8/32 of $1____ ____________
0.5
8/32 of SI and above but under 1/2 of $1____________ __
2
_________
_
0.75
8/32
of
$1
and
above
but
under
1/2
of
$
!
..
_
.
4
1/2 of $1 and above but under $1________ ____________
1
/2
of
$1
and
above
but
under
$
1
____
0.8
$1 and above but
under $
2 ______________
6
$
1
and
above
but
under
$
5_______
2.0
$2 and above but
under $
3 ______
7
$
5
and
above
but
under
$10__
2.5
$3 and above but
under $
4 _______
8
$10 and above but under $50__________
5.5
$4 and above but
under $
5___________________
9
$50
and
above____________
________________________
6.0
$5 and above but
under $
6___i____ L I _______
10
Notwithstanding the foregoing, when the amount Involved in a transaction
11
$6 and above but
under $
7 ._
is less than $ 10 , the commission shall be as mutually agreed.
$7 and above but under $ 8_______ ______ __ ____ ___
12
WHEN NOT CLEARED
$8 and above but under $ 9__;__ ___ ___ ____ ________
13
Rate Per Share
¡¡>9 and above but under $10._________________________
14
Price Per Share
Cents
15
At $10--------------------------------------............... ....................
1/256 of $1...............................................................................
0.05
Above $10 but under $90_______ _____ The 15c base rate plus 1/4 of 1%
1/128
of
$
1
____..............
_____
o.l
of the price per share above $10
1/64 of $1 and above but under 2/32 of $1_______ .__
01
$90 and above__ ___________ _____ !___ ________ ____
35
2/32 of $1------------------------ ------------ I ...................____
0.25
__
0.25
Over 2/32 of $1 but under 8/32 of $1_________
8/32
of
$1
and
above
but
under
1/2
of
$1______
_______
0.5
Notwithstanding the foregoing, when the arfiount Involved in a transaction
1
/2
of
$1
and
above
but
under
$
1
____
1
_______
*
__
'
_
:
0
5
is less than $10, the commission shall be as mutually agreed; when the amount
$ 1 and above but under $ 5 __ _____________ . . .
l ’oo
involved is $10 or more but less than $50, the minimum commission shall be
$ 5 and above but under $ 10 ._-___i..____________
150
2 25
$10 and above but under $50___;_________
not less than 6% of such amount or $1, whichever is greater without regard
$50 and above_____ _______________________
to the rate per share; when the amount involved is $50 or more but less than
Notwithstanding the foregoing, when the amount involved in a transaction
$100, the minimum commission shall be not less than $3 or the rate per share,
is less than $ 10 , the commission shall be as mutually agreed.
whichever is greater; and when the amount involved is $100 or more, the
BONDS
Per $1,000 of principal (except as stated in Article XXVI, Section 2 (g)
minimum commission shall be not less than $5 or the rate per share, which
___
v/
of
the
Constitution):
ever is greater.
WHEN CLEARED
Rate Per $1,000 o f Principal
On Orders On Orders On Orders On Orders
BONDS
Price Per $1,000 o f * o f 1 or 2
of 3
of 4
o f 5 Bonds
Principal
Bonds
Bonds
Bonds
or More
Per $1,000 of principal (except as stated in Article XXVI, Section 2 (g)
Selling at less than $10__ $ .80
$ .70
$ .60
$ .50
Selling at $10 and above
of the Constitution) :
but under $100_____ _
1.00
.8 7 ^
.75
.62 H
Selling at $100 and above. 2.00
1.75
1.50
1.25
On Orders On Orders On Orders' On Orders
Price Per $1,000 of
WHEN NOT CLEARED
of 4
of 1 or 2
of 3
o f 5 Bonds
Principal
Bonds
or More
Rate Per $1,000 of Principal
Bonds
Bonds
Selling at less than $10__. $1.50
$ .90
$ .75
$1.20
On Orders On Orders On Orders On Orders
Price Per $1,000 o f
of lo r 2
of 3
of 4
Selling at $10 and above
o f 5 Bonds
Principal
Bonds
Bonds
Bonds
1.50
2.00
2.50
1.25
or More
Selling
at
less
than
$10
$
.28
$
.2614
$
.25
Selling at $100 and above.
3.00
5.00
4.00
2.50
$t .25
Selling at $10 and above
but under $100........... .
A2U
.40
37W
Exception to Commission Rates
.3 7 ^
Selling at $100 and above.
.85
.80
75
.75
Members are permitted to charge a commission equal to that in force in
25The minimum commission on any transaction between members shall be
any dual market In which a security is traded.
Ashton; Augustus Trask, 1502 Finance Bldg.
BACHE, J. S., & CO., 1411 Walnut St.
Bachman. Frank H„ 212 So. 15th St.
Baker, Weeks & Harden, 1421 Chestnut St.
Banks, Clayton F., 123 So. Broad St.
Barclay, Henry C., Chestnut Hill, Pa.
Barclay, William K., Haverford, Pa.
Bayuk Brothers, Packard Bldg.
Bean, Chas. H., 123 S. Broad St.
Beers, Allen E., Allentown, Pa.
Bernstein, Harry L., 518 Stock Exchange Bldg.
Biddle & Co., Moncure, 1520 Locust Street.
Biddle, Whelen & Co., 1606 Walnut St.
Bioren, John S., 1508 Walnut Street.
BIOREN & CO., 1508 Walnut Street.
Boenning & Co., i606 Walnut Street.
Brown, Howard B., 1616 Walnut Street.
Brown (Vernon C.) & Co., 71 Broadway, New
York, N. Y.
Brown Brothers Harriman & Co., 1531 Walnut St,
Brylawski, Edward, 1411 Walnut St.
Brylawski, Edward L., 1411 Walnut St.
Buckley Brothers, 1529 Walnut St.
Butcher & Sherrerd, 1500 Walnut St.
Carstairs & Co., 1421 Chestnut St.
Cherry, Robert, Jr., 113 So. Fifth St.
Clark, E. W., & Co., 16th and Locust St.
Clark, Kenneth R.. 1500 Walnut St.
Claybaugh, Blair F. Co., Harrisburg, Pa.
Clucas, (E. W.) & Co., 70, Pine St., New York,
N. Y.
Cook, Elmer A., Trenton, N. J.
Dackerman & Waber, 517 Stock Exchange Bldg.
Davis, Robert Hare, 1411 Walnut St.
deCoursey, Stephen H., 328 Chestnut St.
DeHaven & Townsend, 123 So. Broad Street.
Devine, Walter J„ Jr., 1411 Walnut St.
Diffenderffer, Charles H., 335 Aubrey Rd„ Wynnewood, Pa.
Dixon, Fitz Eugene, 1421 Chestnut St.
Drexei & Co., 15th and Walnut Streets.
Eastman, Dillon & Co., 225 S. 15th St.
Edwards, Richard, 1411 Walnut St.
Elkins, Morris & Co.. 305 Lana Title Bldg.
Embick, Paul A., 949 E. Fillmore St:
Emory, Freed & Co., 109 S. 3rd Street.
MEMBERS
Fearon, Charles, 511 Chesnut St.
Flynn, Bernard J., 4039 Walnut St.
Freed, David B., 109 So. 3rd St.
Friedmân, Bernard P., 1411 Walnut St.
Fuller, W. A. M., 1500 Walnut Street.
Gayley, McCreary & Co., 123 So. Broad St.
Gilmore, Arthur C., 225 So. 4th St.
Glendinning, Robt., & Co., 123 S. Broad St.
Goldman, Harold C., 811 Stock Exchange Bldg.
Graff, Frank M., 1411 Walnut St.
Greene, Norman J., Berwyn, Pa.
Greenwood, H. T. & Co., 1411 Walnut St.
Guarniery, Robert Y., 518 Stock Exchange Bldg.
Hackett, W. N. & Co., 212 So. 15th St.
Hamstrom, Walter, 6326 Ross St., Germantown.
Harper, James B., Stock Exchange Bldg.
Harrison & Co., 123 S. Broad Street.
Hauberger, George H., 1701 Locust St:
Hecker & Co., Liberty Trust Bldg.
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.
Jefferis, W. Harper, 1411 Walnut St.
Jenks, Kirkland & Co., 1421 Chestnut St.
Jones, Miller & Co., Commercial Trust Bldg.
Kahn .Charles, Provident Trust Bldg.
Keen & Co., 123 So. Broad St.
Kennedy & Co., 2115 Land Title Bldg.
Kennedy, Oscar A., 1411 Walnut St.
Kolb, Robert A., 1608 Walnut St.
Ladenburg, Thalmann & Co., 25 Broad St., New
York, N. Y.
Laird, Bissell & Meeds, 1528 Walnut Street.
Lawson, W. L., Union League.
Lee, John K., 1411 Walnut St.
Lilley & Co., Packard Bldg.
Lippincott, Richard, 220 S. 16th St.
Loeb, Oscar, 2 Rector St., New York, N. Y.
Louchheim, Walter C., Hotel Plaza, New York,
N. Y.
MacDonald & Co., Real Estate Trust Bldg.
Makiver, J. S. P., 1411 Walnut St.
Masland, James G., 1500 Walnut St.
Matthes, Percy E., 305 Land Title Bldg
Matthews, Caldwell F., 1411 Walnut St.
Matthews, Frank C., Stock Exchange Bldg.
McCauley, Francis J., San Francisco, Calif.
McCreery, Samuel, 123 S. Broad Street.
McCurdy, Wallace M., 1237 Commercial Trust
Bldg.
McLaughlin, Jr., William J .t 1411 Walnut St.
Mellor, E. Fraley, Stock Exchange Bldg.
Merrill Lynch, Pierce, Fenner & Beane, Commer
cial Trust Bldg.
Miller, E /W . & R. C. & Co., 123 So. Broad St.
Montgomery, Scott & Co., 123 S. Broad Street.
Moore, E. J., & Co., 1513 Walnut Street.
Moorhouse, H. Wilson, 1416 Chestnut St.
Moyer & Co., 1500 Walnut Street.
Newbold’s Son, W. H., & Co., 1517 Locust Street.
Newborg & Co., 30 Broad St., New York.
Newburger & Hano, 1419 Walnut Street.
Niemond, John S., Harrisburg, Pa.
Palmer & Co., E. W., Commercial Trust Bldg.
Parrish & Co., 212 So. 15th St.
Parrish, Joseph, 212 So. 15th St.
Paul, William P., Drexei Bldg.
Pennington, Colket & Wisner, 123 S. Broad St.
Phillips, Samuel K., & Co., 1317 Packard Bldg.
Powell, A Victor, 6205 Ocean Ave.,Ventnor, N. J.
Purviance, John Nelson, 1411 Walnut St.
Rakestraw, Betz & Co., 123 So. Broad St.
Reynolds & Co., 1500 Walnut St.
Ristine, F. P„ & Co., 123 S. Broad Street.
Riter & Co., 1529 Walnut St.
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.
Schwarz, Henry F., Wayne, Pa.
Seeds, Joseph R., Jr., Germantown, Pa.
Seeler & Co., 1510 Chestnut St.
Sloane, Harry, Stock Exchange Bldg.
Smith, Barney & Co., 1411 Chestnut Street.
Smith, H. Russell, Harrisburg, Pa.
Sniith, W. Hinckle, Girard Trust Co. Bldg.
Snyder, Fred W., 1411 Walnut St.
Snyder, Geo. E., & Co., 600-601 Stock Exchange
Bldg.
Sparks, J. W., & Co., 1510 Chestnut Street.
Spiegelman, Solomon B., 518 Stock Exchange Bldg.
Starr & Co.. 123 S. Broad Street.
further info rm a tio n on firms appearing in bold faee type w ill be fou n d In th e selected lis t o f In v estm en t D ealers follow in g bank lis t in ea eh c i t y .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
2.50
STOCK EXCHANGE MEMBERS
1968
P H IL A D E L P H IA S T O C K EX C H A N G E—Continued
Stein Bros. & Boyce, 123 S. Broad St.
Steppacher, Lester G., Stock Exchange Bldg
Strecker, Daniel E., 3451 Frankford Ave.
Suplee, Jr., Horace L., 1411 Walnut St.
'Suplee, Walter S., 1411 Walnut St.
Sutro Bros. & Co., 120 Broadway, New York.
N. Y.
Taylor, Roland L., 1100 Morris Bldg.
Thompson, Edward S,, 1327 Spruce St.
Townsend, W. De H ., 1513 Walnut St.
MEMBERS
Turner, Gill & Crouter, 1614 Packard Bldg.
Turton & Tague, 1411 Walnut St.
Vrooman, Samuel B., Jr., 1411 Walnut St.
Warwick, Arthur D., Stock Exchange Bldg
Weeks, Henry C., 1411 Walnut St.
Wells. Charles C., 609 Stock Exchange Bldg.
Whittaker, Robert L. & Co., 1420 Walnut St.
Wieand, Jr., Franklin D., 1508 Walnut St.
Williamson, Jr., James A., 123 S. Broad St.
Wistar, J. Morris, 1416 Chestnut St.
Wolf, Clarence Jr., 1700 Walnut St.
WOOD, A. C., JR., & CO., 511 Chestnut 8t.
Wood, Charles M.r 1411 Walnut St.
Woodcock. McLear & Co., 1528 Walnut St.
Wright, Wood & Co., 123 S. Broad St.
Wurts, C. S. & Co., 1327 Walnut Street.
Wurts, Dulles & Co., Philadelphia Bank Bldg.
Wynn, Richard, 1510 Chestnut St.
Yarnall &,Co., 1528 Walnut Street.
York, Warren W., & Co.
P IT T S B U R G H S T O C K EX C H A N G E
(229 Fourth Ave.)
Hugh A. McNicol, Secretary
Ledlie W. Young, Vice-President;
Wm. J. Bauer, Treasurer;
Marshall R. Barbour, President;
Arthur Middleton, Manager Clearing House;
F. X. Pfab, Asst. Secretary;
RATES OF COMMISSION
(.Effective on and after March 30, 1942)
ABOYE $10 BUT UNDER $90
The minimum rates of commission charged to nonmembers of the Exchange
The non-member minimum commission rate per share is a 15-cent base
for buying or selling each $1,000 bond shall be not less than $2.50 (these
rate
plus
1/4
of
1%
of
the price per share above $10.
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:
AT $90 AND ABOVE
The m in im u m non-member commission uniformly is 35c per share.
Stock Selling:
Below 50 cents a Share
n o n - m e m b e r m i n i m u m c o m m is s io n s p m t r a n s a c t io n
Price P er Share
R a te P e r Share
The foregoing non-member commissions are subject to the following
1/256 of $1..........- .................... ^ ........... .................— —
minimum commissions on a transaction:
15/U)0C
1/128 of $1— _____________ »--------- - - - - - .................—
l/2 c
g g L jg g a « »
“ S S S “
1/64 of $1 and above but under 2/32 of $1
l/2 c
UndJr S lo
................ ....................As mutually asreed
2/32 o f $ l__________________________ —
lc
Over 2/32 of $1 but under 8/32 of $1---------? i o V V ; r b a t i S t t a i w o . . . . . , . . - - .........
2c
8/32 of $1 and above but under 1/2 of $1----whichever is greater
At $0.50 and above but not more than $10
4c
50c and above but under $1_ — ...........
$50^or more but less than $100...........- - - - - - -------- ||
6c
$1 and above but under $2----- ----------------—
7c
$2 and above but under $ 3 _ .--------------------^ N on -m em b ër CÔmmissïoü Rate's" on Rights' and' Warrants : (Designated
8c
$3 and above but under $4— ,------------------hv the Committee on Securities.)
,
. „. _ .
9c
DY^Notwithstanding the above rates, any member of this Exchange or
$4 and above but under $ 5 . . . --------- — -----10c
$5 and above but under $ 6 . . . , ------ . . . ------firm registered thereon, may in respect of securities traded on this and other
11c
$6 and above but under $ 7 . . — —'-----Exchanges located in the United States, charge the rate of commission
12c
$7 and above but under $8-----------------------nrescribed by such other Exchange.
. .. _ •
,
.
13c
^Commission for buying or selling memberships in the Exchange shall be
$8 and above but under $9-------------------- 2 -t
14c
$9 and above but under $10----- — — ----1% of the price.
15c
At $10----- -------- ----------- -----------------------MEMBERS
Parrish & Company, 223 Fourth Ave.
Giles. R O.. 229 Fourth Ave.
Askin, J. M., & Company, Columbia Bldg.
Poutre, Ezra E., Arrott Bldg.
Gluck, Hetzel & Co., Arrott Bldg.
Powell, Elmer E., & Co., Union Trust Bldg.
BACHE & CO., J. S., Oliver Bldg.
Preston, W att & Schoyer, Peoples Bldg.
Hemphill, Noyes & Co., Clark Bldg.
Purman, Thomas R., Washington, Pa.
Barbour & Company, John B., Magee Bldg.
Hetzel, Henry A., Arrott Bldg.
Hubbard, John W., 605 Granite Bldg.
Bauer, Wm. J., Magee Bldg.
Reed, Lear & Co., Grant Bldg.
Bear, S. Lee, 282 Union Trust Bldg.
Reinstadtler, Thomas J., 229 Fourth Ave.
Kalback, Charles D., Arrott Bldg.
Berger, Andrew B., c/o Potter Title & Trust Co.
Reynolds & Company, Columbia Bldg.
Kane, John A., 229 Fourth Ave.
Bomtraeger, Carl H., 229 Fourth Ave.
Kay, Richards & Company, Union Trust Bldg.
Roberts, Daniel Risher, 229 Fourth Ave.
Brinham, A. L., 229 Fourth Ave.
Kissane, James V., 229 Fourth Ave.
Schmidt, H. R., c/o Kay, Richards & Co., Unloa
Loeb
(Carl
M.),
Rhoades
&
Co.,
61
Broadway,
Carothers & Company, James, Farmers Bank
Trust Bldg.
New York, N. Y.
Singer, Deane & Scribner, 1045 Union Trust Bldg,
Masten, A. E., & Company, First N at’l Bank Bldg.
Çarothêrs, W. J., & CO., 901-2 Commonwealth
Stout & Company, Investment Bldg.
McKee, C. S. & Co., Union Trust Bldg.
Stubner & Co.. 968 Union Trust Bldg.
McKelvy & Company, Union Trust Bldg.
Carpenter, Joseph N., 818 Gravier S t, New
Vercoe & Co., Huntington N at’l Bank Bldg.,
McLaughlin, MacAfee & Co., 410 Common
Orleans, La.
Columbus, Ohio.
Chaplin & Co., 419 Wood St.
wealth Bldg.
_
Wainwright, H,.C., & Co., 30 Pine St., New York,
Mitchell & Craft, Washington, Pa.
Dinkey, Jr., Chas. E., 229 Fourth Ave.
N. Y.
Moore, Leonard & Lynch, Union Trust Bldg.
Werntz, James S. McK., 229 Fourth Ave.
Eberhardt, M. A., 5709 Aylesbûro Ave.
Neeb, Jr., H. A., 340 S. Winebiddle Ave.
Wettach
& Company, 218 Fourth Ave.
Evans, Sanford B., 229 Fourth Ave.
Newborg & Co., 30 Broad S t, New York, N. Y.
Wimmer, Fred W., 1200 Keenan Bldg.
Nuttall. R. V., & Company, Park Bldg.
Frederick, Jr., Frank H., 229 Fourth Ave.
Officers:
UTAH
S A L T L A K E S T O C K EX C H A N G E
B. W. Dixon, 3rd Vice-President
F. Russell Pett, lai Vice-President;
H. E. Havenor, 2nd Vice-President;
Yal. S'. 'Snow, Secretary and Treasurer;
K R E m ery.A ciff. Secretary and Caller.
COMMISSION RATES
Effective November 1,1939
BOARD LOTS—LISTED SECURITIES
Stocks Selling under 2 c .— — --------— — ----- $1-25 per 1000 scares.
- 1992
Stocks Selling Under 10c.— — - - ................ - ............. — Stocks Selling at
2c and under
5c..........„ — $2.00 per 1000 shares.
Stocks Selling at 10c and Under 3 5 c „ ................. - ...............— 500 Shares
ra aI6S'
Stocks Selling at
5c and under
10c................. $3Ì i
Stocks Selling at 35c and Above----- — ----- — —.................100 bûares
Stocks Selling at
10c and under
20c...................
Y f per share.
Stocks Selling at
20c and under
35c...................
mc per snare.
BOARD LOTS—UNLISTED SECURITIES
Stocks Selling at
35c and under
50c------------ J lc per share.
Stocks Selling at
50c and under $ 1.00--------- . . .
1 Me per share.
Same as Listed up to 35c.
ion «shares
Stocks Selling at $ 1.00 and under $10.00.................. y A % of money.
Stocks Selling at 35c and Under $5 00— — .................. - 100 Shares
Stocks Selling at $10.00 and above.— —— ........ - 1% of money.
Stocks Selling at $5.00 and Under $25.00. —— - .........- ......... 10 Shares
Stock selling less than board lots on last two items—2% of money.
Stocks Selling at $25.00 and A bove............................................
5 Shares
On odd lots a minimum of $1.00 or per regular rate whichever is greater.
MEMBDRS
Pett, Stuart B., 21 E. 2nd So. St.
Allen, J. M., Atlas Bldg.
Doscher. H. W., 249 E. So. Temple St.
Plohn, Charles, c/o Newborg & Co., 30 Broad bt„
New York, N. Y.
Badger, Jesse T., 23 West 2nd So. Street.
Salt Lake
FIRST
SECURITY
TRUST
CO
Badger ,R. A. & Co., 16 West 2nd So. Street.
Romney, W. W., c/o Continental National Bank
City.
Badger. R. A., 16 West 2nd So. St. .
& Trust Co.
- - c ., 2380 Washington Ave.*
Badger, —
Richard
Gibson, E. J., Box No 17, Spokane, Wash.
Sondrup, Walter, Stock Exchange Bldg.
Ogden.
Snow, V. S., 282 Canyon Road.
Harris,
Lowry
R„
620
F.
St.
Baglin, George, 501 Felt Bldg.
Havenor, H. E., Newhouse Bldg.
Ure, Pett & Morris, Inc., 21 East 2nd St.
Barclay, G. L., 302 Felt Bldg.
Havenor, H. E. & Co., Newhouse Bldg.
Barclay, J. A. & Co., 302 Felt Bldg.
WALKER BANK & TRUST CO., Salt Lake
Hogle,
J.
A.,
132
So.
Main
St.
Bering, E. A., Walker Bank & Trust Co.
Hogle, J. A. & Co., 132 So. Main Street.
Child, W. H., Stock Exchange Bldg.
Hogle, James E., 132 So. Main St.
Weiler," W. S., Stock Exchange Bldg.
W. H. Child, Inc. Stock Exchange Bldg.
West, A. J., First Security Trust Co.
Johnson, J. C.. 132 S. Main St.
Cole, Alien Co.. Atlas Bldg. i f , *
Weymouth, George T., 61 Broadway, New Yorx
Conrad, W. K., Walker Bank Bldg.
Laird, & Co., 61 Broadway, New York, N. Y.
City
y.
Continental National Bank & Trust Co., Salt Lake
Woods’, Wm. W., c/o Merrill Lynch, Pierce, Fen
Larson, A. R.« c/o Elks Club, Salt Lake City.
City.
ner & Beane, 221 Montgomery St., San Fran
Lowe, I. D., 132 S. Main St.
Davies, Badger & Co., 23 W, 2nd So. St.
Lynch, J. C., Kearns Bldg.
cisco, Calif.
, e
Davies, E. C., 855 So. 7th E. St.
Lynch, J. C. & Co., Kearns Bldg.,
Woolley, Paul C., 132 So. Main St.
Dixon, B. W., 407 Scott Bldg.
Woolley,
Robert
P.,
132
So.
Main
St.
Pett, F. Russell. 21 East 2nd So. St.
Dixon. Co., B. W., 407 Scott Bldg.
Officers:
I. D. Lowe, President;
Farther laferm etlep . . H .m , . a p p l e t I . bold Up» type win be M U I . the selected list e f lu e s tm e p t P ed er , to ll»»ln g t o r t Bet In e .c h dtr
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
STOCK EXCHANGE MEMBERS
1969
V IR G IN IA
RICHMOND ST O C K EXCHANGE
Officers:
C. Carlisle Snead, President;
Edward C. Anderson, Vtce-President;
RICHMOND STOCK EXCHANGE COMMISSIONS
as revised May '2,1939
named below shall be the minimum charged and
no part can be rebated or divided with anyone not a member of the Exchange!
STOCKS
Selling under $0.50................ .................................................... 3% of amount
Pgj sliciro
Selling at $ 0.50 and under $ 1.00.......................................
$0 05
Selling at 1.00 and under 5.00.......... ............ I
0 07V
Selling at 5.00 and under 10.00....................0 12K
Selling at 10.00 and under 25.00.................... —I
0 25 2
Selling at 25.00 and under 50.00.................. —
0.37%
Selling at 50.00 and under 125.00..........
0.50
Selling at 125.00 and under 200.00____ _____ ____ . . . ___
100
Beginning with $200.00 per share the commission shall be $1 50 per share
be rateedfo!lo p e r s h a r e d ValUe °f seIling price’ the commission shall
J. Joseph May, Secretary and Treasurer
shall be one exception to the above commission rates; namelv.
that where securities listed on the Richmond Stock Exchange are also listed
on the New York Stock Exchange or New York Curb Exchange the com
mission rate of the New York Exchanges shall be the minimum commission
which a member of the Richmond Stock Exchange may charge.
BONDS
f o Ä n " ä Ä s ? - °n a11 b°n<iS Sha11 be $0-50 per ?1000° with the
Where a bond or note has less than six months to run, whether to
to b Ä O T d V Ä o tiÄ * io o .o Ö 0”'
mMmum “ “ “«on
« im n n 111^ ! 111
transaction, stocks or bonds, involving
iîo n on
S^a u6 W .M , On any transaction involving less than
$100.00 the minimum charge shall be $1.00.
B ss lUdU
Branch, Cabell & Co., 814 E. Main St.
MEMBERS
Mason-Hagan, Inc., 916 E. Main Street.
Miller & Patterson, 203 Mutual Bldg.
Scott & Stringfellow, Mutual Bldg
Davenport & Company, 113 E. Main Street.
RICHMOND CORP., 726 E. Main Street.
Standard Securities Corp., State Planters Bank
Bldg.
Abbott, Proctor & Paine, 911 E. Main St.
W A S H IN G T O N
S E A T T L E ST O C K EXCHANGE
(206 Exchange Bldg.)
Officers: J. Barney Lee, President;
John R. Lewis, Vice-President;
Jack E. Jones, Secretary and Treasurer;
George A. Broell, Executive Secretary
RATES OF COMMISSION (In effect: October 14, 19SS)
MINIMUM RATES OF COMMISSION
In effect October 14,1935
BOARD LOT
On Stocks Selling:
100 shares up to $10.00
Under $1.00 per share__________________
'
nr
25 shares for $10.00 to $100.00
At $1.00 and under $2.50 per share__
7Vc
_.
. .
10 shares over $100.00
At $2.50 and under $5.00 per share............." ‘l 2H e
Thcromimum commission charge shall be $2.50 on stock selling under
At $5.00 and under $15.00 per share.____
‘ it.
$i0.00 per share, and $5.00 on stock selling over $10.00 per share.
At $15.00 and under $35.00 per share________
ok«
where the total amount of money involved is less than
At $35.00 and under $50.00 per share__i__I
ok.
$25.00, the commission charge shall be discretionary with the member
At $50.00 and under $100.00 per share.____ I ”"
*
BONDS
At $100.00 and up per share___________ ” IIIZ IIIIIIZ IIIII'" $ 1 00
$5.00 per $1,000 par value (regardless of number)
(5c per share more for odd lots)
$3.75 per $500 par value
Bissell, M. L„ 335 Medical Arts Bldg.
•Blackford, J. C., Hoge Bldg.
Bramhall & Stein, Hoge Bldg.
Bramhall, Burle D„ Hoge Bldg.
Drumheller, Erlichman Co., Exchange Bldg.
Easter, Ed. K., 717 Second Ave.
Easter & Co.-. F. K., 717 Second Ave.
Ferris & Hardgrove, Exchange Bldg.
MEMBERS
Grande, Harry S., Hoge Bldg.
Grande and Co., Hoge Bldg.
Harper & Son & Co., Wm. P., Harper Bldg
Hartley, Rogers & Co., 1411-4th Ave. Bldg.
Herrin & Co., H. M., 908 2nd Ave
Hughbanks, Inc., Dexter Horton Bldg.
Huston, Harold H„ Hoge Bldg.
Huston & Co.. Harold H„ Hoge Bldg.
Jones, Jack E., 1411-4th Ave. Bldg.
Lee, J. Barney, Dexter-Horton Bldg.
Lewis, Inc., John R., 1006 2nd Ave.
Lewis, John R., 1006 2nd Ave.
Moore, Robert B„ Exchange Bldg
Mullen, Chas G., 908 2nd Ave.
Schlichting, Hugh (William P. Harper & Son &
Co.,) Harper Bldg.
Securities Exchange, Inc., 335 Medical Arts Bldg.
Wilson, Lyle F., Exchange Bldg.
W E S T V IR G IN IA
W HEELIN G STO C K EXCHANGE
(318 Wheeling Steel Bldg.)
Officers: Wm. H. Wheeler, President
Russell D. Irvine, Vice-President;
D. A. Burt, Jr., Secretary
COMMISSION RATES
Price
Wheeling Stock Exchange
I....■ ■
Rate per Share
25c ™r sharn
Selling up to 34% ine..........................................
SeUing at 35 up to 99% ine........................................I-IZ Z i: 50c Ser Ihtre
Selling at $100 and above............................................... ........ $1.00 per share
Minimum Commission as follows:
A. When the amount involved in a transaction is less than $10.00 the
commission shall be as mutually agreed.
.
B. When the amount involved in a transaction is $10.00 or more but
less than $50.00, the minimum commission shall be not less than
6% of such amount or $1.00, whichever is greater.
S T h a n ^ i o S & I°Iv-d- in 3 transaction is $50.00 or more but
$3 00 an ?100-00- the minimum commission shall be not less than
D. When the amount involved is $100.00 or more, the minimum commission shall be not less than $5.00.
minimum comi?™?inmISS,? IU
cases where stocks are listed on both Wheeline Stock
^ c h a n g e and New York Stock Exchange, the rate per share may be“ he
rate per share charged on the New York Stock Exchange.
MEMBERS OF WHEELING STOCK EXCHANGE
Firms
Represented by
Geo. W. Baron & Co., Wheeling Steel Corp. Bldg...___ . . . . ____
Wm H Wheeler
■ M B ! t r &t8r n
CorP- ¡ ¡ ¡ S -------- -------D- A. BurCj'r” ; Werner G. Mason
Parrish * Pn &i S h ’
*?*------------ - --------------------- — Louis Brand; Robert H. Baker
Parrish & Co., 13th and Chapline St........ ............ . „ . T..___.Edgar R. McGregor; Russell D. Irvine
Further Information on flrmsappearlng i ° bold face type will be found in the selected list o f Investm ent Dealers following bank list In each city.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis