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

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INVESTMENT BANKERS ASSOCIATION OF AMERICA
BOARD OF GOVERNORS
PRESIDENT
Francis E. Frothingham

Boston

Coffin & Burr, Inc.

VICE PRESIDENTS
W. Gregory, Jr.
Houston
Gregory - Eddleman Company
T. Weller Kimball
Chicago
Glore, Forgan & Co.
James J. Minot, Jr.
Boston
Jackson & Curtis
Sidney J. Weinberg
New York
Goldman, Sacks & Co.
Jean C. Witter
San Francisco
Dean Witter & Co.
Thomas

EXECUTIVE VICE PRESIDENT
Chicago
33 South Clark Street

Aldbn H. Little

TREASURER
D.

T. Richardson

Kelley, Richardson & Co., Inc.

Chicago

GOVERNORS
New York
Kuhn, Loeb & Co.
T. Crane
New York
Brown Harriman & Co., Incorporated
Perry E Hall
New York
Morgan Stanley & Co. Incorporated
George

W.

Bovenizer

Ralph

GOVERNORS

GOVERNORS

New York
Chase National Bank of the City of New York
Allan M. Pope
New York
The First Boston Corporation
Hearn W. Streat
New York
Bancamerica-Blair Corporation
Francis T. Ward
New York
Clark, Dodge & Co.
Edward B. Hall
Chicago
Harris, Hall & Company
Francis F. Patton
Chicago
A. G. Becker & Co.
P. A. Walters
Chicago
Stone & Webster and Blodget, Inc.
Charles S. Cheston
Philadelphia
Barney Smith & Co.
Devebeux C. Josephs
Philadelphia
Graham, Parsons & Co.
Emmett F. Connely
Detroit
First of Michigan Corporation
Robert PI. Parsons
Los Angeles
Pacific Company of California
Albert E. Van Court
Los Angeles
William R. Staats Co.
Russell D. Bell
Montreal
Greenshields & Company, Inc.
William R. Daley
Cleveland
Otis & Co.
Royal D. Kercheval
St. Louis
The Boatmen’s National Bank
Louis J. Nicolaus
St. Louis
Stifel, Nicolaus & Co., Inc.

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

John S. Linen

W.

Claude

Wilhide

John

SECRETARY
Robert Stevenson, 3rd

Chicago

33 South Clark Street

APPOINTED OFFICERS AND COUNSEL
FIELD SECRETARY

Arthur G. Davis

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

ASSISTANT SECRETARIES
Mary R. Lincoln

Chicago

Emily L. Black

Chicago

33 South Clark Street

33 South Clark Street

OFFICE COUNSEL
Chicago

Theodore S. Chapman

111 West Monroe Street

OFFICIAL REPORTER
George

J.

Chicago

Drobnis

69 West Washington Street

GROUP CHAIRMEN
CALIFORNIA
Robert

H. Parsons
Los Angeles
Pacific Company of California

CANADA
Montreal
The Dominion Securities Corporation Limited

R-E. Haldenby

MISSISSIPPI VALLEY
A.

Roy

Dickie

Whitaker & Company

Chicago

Bacon, Whipple & Co.

EASTERN PENNSYLVANIA
Edward Hopkinson, Jr.
Philadelphia
Drexel & Co.
MICHIGAN
W. Campbell
Detroit
Campbell, McCarty & Company, Inc.

Frederick

Edwin White,

i

Gerald

Boston

Robert

NEW ENGLAND
Harcourt Amory

Smith, Barney & Co.

CENTRAL STATES
Jay. N. Whipple

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

St. Louis

SOUTHEASTERN
S.

St. Paul

Alex, Brown & Sons

NEW YORK
John

K.

Starkweather

Starkweather & Co.

New York

D.

McDonald

McDonald-Coolidge & Co.

Cleveland

OHIO VALLEY
G. McKie
Cincinnati
The Weil, Roth & Irving Company

Stanley

Harold

P. B.

Henry J. Zilka

Conrad, Bruce & Co.

Portland

Atlanta

Robinson, Jr.

Trust Company of Georgia

NORTHERN OHIO
C. B.

Baltimore

SOUTHERN
James

R.

SOUTHWESTERN
Bailey
Kansas City
Commerce Trust Company
TEXAS

Garrett

Dallas

Garrett & Co., Inc.

PACIFIC NORTHWEST

MINNESOTA

Kalman & Company

Belknap

Frederic

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

NATIONAL COMMITTEE CHAIRMEN
Albert

BUSINESS CONDUCT
E.^Van Court
William R. Staats Co.

Emmett

BUSINESS PROBLEMS
F. Connely
First of Michigan Corporation

Louis

Los

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

Angeles

Robert

Detroit

Harold

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

INDUSTRIAL SECURITIES
New York
Smith, Barney & Co.

Karl Weisheit

EDUCATION
Francis F. Patton

A. G. Becker & Co.

James

J.

FEDERAL TAXATION
Jr.
Jackson & Curtis

Minot,

Chicago

Weller Kimball

Carlton

Glore, Forgan & Co.

MEMBERSHIP
P. A.

Chicago

John

FOREIGN SECURITIES
P. Fuller
New York
Schroder Rockefeller & Co., Inc.


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

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

Earle Bailie

Boston

FINANCE
T.

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

Chicago
Stone & Webster and Blodget, Inc.

Walters

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

George

1661

Edward

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

Ben B. Ehrlichman

Drumheller, Ehrlichman & White

Seattle

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

Thomas

STATE LEGISLATION
Jay

N.

Whipple

Bacon, Whipple & Co.

Chicago

TRADING
O. Stubbs
Boston
Whiting, Weeks & Knowles Incorporated

John

SUBCOMMITTEES
DISTRIBUTION
John

H.

K.

Starkweather

Starkweather & Co.

New York

SALESMEN’S COMPENSATION
Philadelphia
H. Vaughan Clarke & Company

Vaughan Clarke

MEMBERSHIP OF THE INVESTMENT BANKERS ASSOCIATION OF AMERICA

1662

ALABAMA
Southern Group

BIRMINGHAM
♦Courts & Co., 12 N. 20th St.
♦Equitable Securities Corporation, Webb-Crawford Bldg.
♦King, Mohr & Co., Inc., Webb-Crawford Bldg.
♦Milhous, Gaines & Mayes, Webb Crawford Bldg.
Watkins, Morrow & Co., Woodward Bldg.
MOBILE
♦King, Mohr & Co., Inc., Merchants National
Bank Bldg.
MONTGOMERY
King, Mohr & Co., Inc., First National Bank
Bldg.

ARIZONA

♦Massachusetts Distributors, Inc., 621 S. Spring
St.
Miller & Co., Revel, 650 S. Spring St.
♦Mitchum, Tully & Co., 650 S. Spring St.
Moulton & Company, R. H., 510 S. Spring St.
Pacific Company of California, 623 S. Hope St.
Page, Hubbard & Asche, 210 W. Seventh St.
Rath Company, Howard G., 523 W. Sixth St.
♦Robinson & Co., B. B., 639 S. Spring St.
♦Rogers & Company, Inc., Hartley, 210 W.
Seventh St.
♦Rollins & Sons, Inc., E. H„ California Bank Bldg.
♦Schwabacher & Co., 643 S. Spring St.
Security-First National Bank of Los Angeles,
561 S. Spring St.
♦Smith, Barney & Co., 650 S. Spring St.
Staats Co., William R., 640 S. Spring St.
Stern, Frank & Meyer, Union Bank Bldg.
♦Weeden & Co.. 650 S. Spring St.
White, Wyeth & Co., 647 S. Spring St.
♦Witter & Co., Dean, 632 S. Spring St.
♦Woods, Jr., William W., Representative Mackubin, Legg & Company, 515 W. Sixth St.
♦Wulff, Hansen & Co., 530 W. Sixth St.

Rocky Mountain Group

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

ARKANSAS
Mississippi Valley Group

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

CALIFORNIA

OAKLAND
♦American Trust Company, 14th St. & Broadway
♦Baker & Co., H. R., Central Bank Bldg.
♦Bennett, Richards & Hill, Bank of America Bldg.
♦Blyth & Co., Inc., Central Bank Bldg.
♦Brush, Slocumb & Co., 1212 Broadway
♦Cavalier & Co., Wm„ 417 Fourteenth St.
♦Schwabacher & Co., Central Bank Bldg.
♦Witter & Co., Dean. 409 Fourteenth St.
♦Wulff, Hansen & Co., Central Bank Bldg.
ONTARIO
♦Lewis & Company, M. H., 112 West C St.

California Group

BERKELEY
♦Cavalier & Co., Wm., American Trust Bldg.
BEVERLY HILLS
♦Battson & Co., 9470 Santa Monica Blvd.
♦Griffith-Wagenseller & Durst, Bank of America
Bldg.
♦Witter & Co., Dean, 9474 Santa Monica Blvd.
DEL MONTE
♦Schwabacher & Co., Hotel Del Monte
EUREKA
♦Blyth & Co., Inc., 330 “E” St.
FRESNO
♦Witter & Co., Dean, Patterson Bldg.
GLENDALE
♦Bayly Brothers, Inc. of California, 117 E. Broad­
way.
HOLLYWOOD
♦Battson & Co., 6381 Hollywood Blvd.
LONG BEACH
♦Banks, Huntley & Company, Security Bldg.
♦Battson & Co., Security Bldg.
♦Bayly Brothers, Inc. of California, 132 Pine Ave.
♦Bennett, Richards & Hill, Farmers & Merchants
Bldg.
♦Crowell, Weedon & Co., Farmers & Merchants
Bldg.
♦Douglass & Co., Nelson, Farmers & Merchants
Bldg.
♦Harris & Co., F. E., 225 E. First St.
♦Mitchum, Tully & Co., Hartwell Bldg.
♦Pacific Company of California, Security Bldg.
♦Witter & Co., Dean, 133 E. First St.
LOS ANGELES
♦Anglo California National Bank of San Francisco,
The. 215 W. Sixth St.
♦Bankamerica Company, 650 S. Spring St.
Banks, Huntley & Company, 634 S. Spring St.
Bateman, Eichler & Co.. 453 S. Soring St.
Battson & Co., 621 S. Spring St.
Bayly Brothers, Inc. of California, Roosevelt Bldg.
Bennett, Richards & Hill, 621 S. Spring St.
♦Blyth & Co., Inc., 215 W. Sixth St.
♦Bond & Goodwin, Inc., 621 S. Spring St.
Brashears & Company, G„ 510 S. Spring St.
♦Bullock, Calvin, 634 S. Spring St.
California Bank, 629 S. Spring St.
Cass Associates, Quincy, 530 W. Sixth St.
♦Cavalier & Co., Wm., 523 W. Sixth St.
Cavanaugh, Morgan & Co., 634 S. Spring St.
Citizens National Trust & Savings Bank, 457 S.
Spring St.
♦Conrad, Bruce & Co., 634 S. Spring St.
Crowell, Weedon & Co., 650 S. Spring St.
Douglass & Co.. Nelson, 210 W. Seventh St.
Edgerton, Riley & Walter, 621 S. Spring St.
♦First Boston Corporation, The, 623 S. Hope St.
Gregory & Co., R. N„ 210 W. Seventh St.
Griffith-Wagenseller & Durst, 626 S. Spring St.
Harris & Co., F. E., 650 S. Spring St.
♦Learoyd & Nightingale, Inc., 621 S. Spring St.
Lewis & Company, M. H„ 453 S. Spring St.


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

PASADENA
♦Bateman, Eichler & Co., 42 N. Garfield Ave.
♦Bennett Richards & Hill, Citizens Savings Bldg.
♦Blyth & Co., Inc., 14 N. Marengo Ave.
♦Brashears & Company, G., 595 Colorado Ave.
♦Douglass & Co.. Nelson. 341 E. Green St.
♦Griffith-Wagenseller & Durst, First Trust Bldg.
Miller & Co., Inc., Geo. R., 81 S. Euclid Ave.
Pasadena Corporation, 117 E. Colorado St.
♦Rollins & Sons, Inc., E. H., 385 E. Green St.
♦Staats Co., William R., 311 E. Colorado St.
♦White, Wyeth & Co., 53 S. Euclid Ave.
♦Witter & Co., Dean, 355 E. Green St.
RIVERSIDE
♦Battson & Co., Citizens National Bldg.
♦Blyth & Co., Inc., Loring Block
♦Pacific Company of California, 3695 Market St.
SACRAMENTO
♦Baker & Co., H. R., Forum Bldg.
♦Blyth & Co., Inc., California State Life Bldg.
♦Cavalier & Co, Wm., 1111 Ninth St.
♦Conrad, Bruce & Co., Capital National Bank Bldg.
♦Mitchum, Tully & Co., California Western States
Life Bldg.
♦Witter & Co., Dean, 1014 Eighth St.
♦Wulff, Hansen & Co., Forum Bldg.
SAN BERNARDINO
♦Crowell. Weedon & Co., Andreson Bldg.
♦White, Wyeth & Co., 474 Court St.
SAN DIEGO
♦Bankamerica Company, 625 Broadway
♦Banks, Huntley & Company, San Diego Trust &
Savings Bldg.
♦Bayly Brothers, Inc. of California, Bank of
America Bldg.
♦Bennett Richards & Hill, Bank of America Bldg.
♦Brashears & Company, G.. 530 Broadway
♦Griffith-Wagenseller & Durst, First National Bldg.
♦Pacific Company of California, San Diego Trust
& Savings Bldg.
♦Rollins & Sons, Inc., E. H., Bank of America Bldg.
♦White, Wyeth & Co., 530 Broadway.

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

COLORADO
Rocky Mountain Group

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

SAN FRANCISCO
American Trust Company, 464 California St.
Anglo California National Bank of San Francisco,
The, 1 Sansome St.
Baker & Co., H. R., Russ Bldg.
Bankamerica Company, 485 California St.
♦Bennett Richards & Hill, 79 Post St.
Blyth & Co., Inc., Russ Bldg.
♦Brown Harriman & Co., Inc., 155 Montgomery St.
Brush, Slocumb & Co., Ill Sutter St.
Cavalier & Co., Wm., 121 Sutter St.
♦Childs and Company, Inc., C. F., 235 Mont­
gomery St.
Conrad, Bruce & Co., Russ Bldg.
Crocker First National Bank, 1 Montgomery St.
Davis, Skaggs & Co., 211 Montgomery St.
♦Devine & Co.. Inc., C. J„ Russ Bldg.
Eastland & Co., 1 Montgomery St.
Elworthy & Co., Ill Sutter St.
♦First Boston Corporation, The, Russ Bldg.
Heller, Bruce & Co., Mills Tower
♦Lewis & Company, M. H., 315 Montgomery St.
♦McDonnell & Co., 633 Market St.
♦BRANCH OFFICE

Hutchinson-Frye & Co., Thatcher Bldg.
♦Sullivan & Company, Thatcher Bldg.

CONNECTICUT
New York Group

BRIDGEPORT
♦Kidder & Co., A. M„ 215 State St.
GREENWICH
♦Reynolds & Co., 45 E. Putnam Ave.
HARTFORD
♦Adams & Peck, 18 Asylum St.
♦Bancamerica-Blair Corporation, 36 Pearl St.
♦Blyth & Co., Inc., 75 Pearl St.
♦Bodell & Co., 15 Lewis St.
♦Brown Harriman & Co., Inc., 36 Pearl St.

MEMBERSHIP OF THE INVESTMENT BANKERS ASSOCIATION OF AMERICA
HARTFORD—Continued.
♦Coffin & Burr, Inc., 75 Pearl St.
Cooley & Company, 100 Pearl St.
♦Equitable Securities Corporation, 75 Pearl St.
♦Estabrook & Co., 750 Main St.
♦First Boston Corporation, The, 36 Pearl St.
♦Foster & Co., Inc., 49 Pearl St.
♦Kidder, Peabody & Co., 36 Pearl St.
♦Lazard Freres & Co., 36 Pearl St.
♦Lee Higginson Corporation. 36 Pearl St.
♦Paine, Webber & Co., 49 Pearl St.
♦Pressprich & Co., R. W., 36 Pearl St.
Putnam & Co., 6 Central Row
♦Seligman & Co., J. & W., 75 Pearl St.
♦Shields & Company, 75 Pearl St.
♦Smith, Barney & Co., Hartford-Aetna Bldg.
Stevenson, Gregory & Co., 56 Pearl St.
♦Stone & Webster and Blodget, Inc., 36 Pearl St.
♦Tifft Brothers, 125 Pearl St.
♦Wood, Struthers & Co., Hartford-Connectlcut
Trust Bldg.
Young & Company, Lincoln R., 750 Main St.
MERIDEN
♦Kidder & Co., A. M„ 30 Colony St.
NEW BRITAIN
♦Putnam & Co., 31 W. Main St.
NEW HAVEN
♦Bear, Stearns & Co., 175 Church St.
♦Bodell & Co., 205 Church St.
♦Day & Co., R. L„ 215 Church St.
♦Paine, Webber & Company, 104 Elm St.
Scranton & Co., Chas. W., 209 Church St.
NEW LONDON
♦Scranton & Co., Chas. W„ 302 State St.
STAMFORD
♦Harriman & Keech, 303 Main St.

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

GEORGIA
Southern Group

ATLANTA
♦Blyth & Co., Inc., Citizens & Southern Bldg.
Courts & Co., 11 Marietta St.,
Equitable Company, The, Trust Company of
Georgia Bldg.
♦Equitable Securities Corporation, First National
Bldg.
Evans & Company, Clement A., First National
Bldg.
Hilsman & Co., Inc., J. H., Citizens & Southern
Bldg.
♦Johnson, Lane, Space & Co., Inc., Citizens &
Southern Bldg.
Milhous, Gaines & Mayes, Rhodes-Haverty Bldg.
Robinson-Humphrey Company, The, RhodesHaverty Bldg.
♦Salomon Bros. & Hutzler, First National Bldg.
♦Starkweather & Co., First National Bldg.
Trust Company of Georgia, 15 N. Pryor St., N. E.
AUGUSTA| ^13 '
♦Johnson, Lane, Space & Co., Inc., Herald Bldg.
HUB
SAVANNAH
Johnson, Lane, Space & Co., Inc., 101 E. Bay St.
♦Trust Company of Georgia, Liberty National
Bank Bldg.

IDAHO
Pacific Northwest Group

WATERBURY
Griggs Co., The R. F., 50 Leavenworth St.
♦Scranton & Co., Chas. W., 170 Grand St.

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

DELAWARE

ILLINOIS

Eastern Pennsylvania Group

Central States Group

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

ALTON
♦Francis, Bro. & Co., First National Bank Bldg.

DISTRICT OF COLUMBIA
Southeastern Group

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

FLORIDA
Southern Group

JACKSONVILLE
Biese & Company, A. C., Barnett National Bank
Bldg.
Childress and Company, Atlantic National Bank
Annex
McRae & Company, D. F., Barnett National
Bank Bldg.
MIAMI
Morrison & Co., A. B., Congress Bldg.
♦Nuveen & Co., John, Shoreland Arcade
Wright & Co., Ed. C„ Ingraham Bldg.
ORLANDO
♦Leedy, Wheeler & Co., 1 N. Orange Ave.


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Federal Reserve Bank of St. Louis

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

♦Braun, Bosworth & Company, 39 S. La Salle St.
Brewer & Company, Inc., F. A., 208 S. La Salle
St.
♦Brown-Crummer Investment Company, The, 38 S.
Dearborn St.
♦Brown Harriman & Co.. Inc., 135 S. La Salle St.
♦Browne, Warren, Representative Mackubin, Legg
and Company, 105 W. Adams St.
♦Bullock, Calvin, 120 S. La Salle St.
♦Burnett, E. M., Middle West Representative The
Anglo California National Bank of San Fran­
cisco, 231 S. La Salle St.
Byllesby and Company, H. M., 231 S. La Salle
St.
Central Republic Company, 209 S. La Salle St.
Channer Securities Company, 39 S. La Salle St.
Childs and Company, Inc., C. F., 141 W. Jackson
Blvd.
City National Bank and Trust Company of
Chicago, 208 S. La Salle St.
Clarke, Inc., John W„ 135 S. La Salle St.
♦BRANCH OFFICE

1663

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

(Branch of White-Phillips Corporation, Daven­
port)

Winthrop, Mitchell & Co., 141 W. Jackson Blvd.
Wittbold & Co., John, 10 S. La Salle St.
♦Wright & Co., Ed. C., Board of Trade Bldg.
Yantis & Co., Incorporated, F. S., 120 S.
La Salle St.
MONMOUTH
Moffat & Co., Inc., D. W„ Woods Bldg.
PEORIA
♦Allyn and Company, Inc., A. C., Alliance Life Bldg.
♦Central Republic Company, Alliance Life Bldg.
Rogers and Company, Inc., N. L., 416 Main St.

MEMBERSHIP OF THE INVESTMENT BANKERS ASSOCIATION OF AMERICA

1664

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

INDIANA
Central States Group

FORT WAYNE

Central Securities Corporation, Lincoln Bank
Tower
INDIANAPOLIS

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

IOWA
Central States Group

BURLINGTON
Hanna and Company, W.D., Main & Jefferson Sts.
CEDAR RAPIDS
•Hanna and Company, W. D., Merchants National
Bank Bldg.
McIntyre & Co., Scott, 300 Second Ave., S. E.
♦Priester, Quail & Co., Merchants National Bank
Bldg.
♦Wood & Company, Harold E., 512 Second Ave.,
S. E.
DAVENPORT
♦Murdoch, Dearth & White, Inc., Union Bank Bldg.
Priester, Quail & Co., Davenport Bank Bldg.
Vieth, Duncan & Wood, Davenport Bank Bldg.
White-Phillips Corporation, First National Bldg.
DES MOINES
♦Allyn and Company, Inc., A. C. 104 S. W. 42nd
St.
♦Babcock, Rushton & Company, Fleming Bldg.
♦Brown-Crummer Investment Company, The,
Equitable Bldg.
Central National Bank and Trust Company, 314
Fifth St.
Iowa-Des Moines National Bank & Trust Com­
pany, Sixth and Walnut Sts.
Jackley & Company, Equitable Bldg.
♦Moseley & Co., F. S., Equitable Bldg.
Murdoch, Dearth & White, Inc., Des Moines Bldg.
Polk-Peterson Corporation, Des Moines Bldg.
♦Priester, Quail & Co., Equitable Bldg.
♦Seerley & Company, Inc., John J„ Des Moines
Bldg.
♦White-Phillips Corporation, Iowa-Des Moines
National Bldg.
IOWA CITY
♦McIntyre & Co., Scott, Johnson County Bank
Bldg.
WATERLOO
♦Allyn and Company, Inc., A. C„ Waterloo Bldg.
♦Hanna and Company, W. D., Pioneer Bldg.
♦Polk-Peterson Corporation, Commercial Bldg.

KANSAS
Southwestern Group

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


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

KENTUCKY

MASSACHUSETTS

Ohio Valley Group

New England Group

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

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

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

LOUISIANA
Southern Group

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

MAINE
New England Group

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

MARYLAND
Southeastern Group

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

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

♦Ames & Co., Inc., A. E„ 50 Congress St.
Baker & Company, Inc., B. J., 209 Washington
St.
Baker, Young & Company, Inc., 209 Washington
St.
Baldwin & Company, 30 Federal St.
Ballou, Adams & Whittemore, Inc., 49 Federal
St.
♦Bancamerica-Blair Corporation, 75 Federal St.
♦Bankers Trust Company, 10 Post Office Sq.
♦Blake Brothers & Company, 111 Devonshire St.
♦Blyth & Co., Inc., Ill Devonshire St.
♦Bodell & Co., 35 Congress St.
Bond & Goodwin Incorporated, 30 Federal St.
♦Bridges, James W., Representative, Mackubin,
Legg & Company, 24 Federal St.
♦Brown Harriman & Co., Inc., 10 Post Office Sq.
♦Bullock, Calvin, 68 Devonshire St.
Burgess & Leith, 75 Federal St.
♦Burr & Company, Inc., 35 Congress St.
Burr, Gannett & Co., 53 State St.
Chace, Whiteside & Co., Incorporated, 25 Federal
St.
♦Childs and Company, Inc., C. F„ 82 Devonshire
St.
♦Clark, Dodge & Co., 70 Federal St.
Coffin & Burr, Inc., 60 State St.
Collins, Breed & Co., 82 Devonshire St.
Conant & Co., Inc., A. B., 84 State St.
Day & Co., R. L„ 45 Milk St.
♦Devine & Co., Inc., C. J., 75 Federal St.
♦Dick & Merle-Smith, 30 State St.
Estabrook & Co., 15 State St.
♦First Boston Corporation, The, 1 Federal St.
♦Foster & Co., Inc., 35 Congress St.
♦Goldman, Sachs & Co., 75 Federal St.
♦Graham, Parsons & Co., 10 Post Office Sq.
Hale, Waters & Company, Inc., 199 Washington
St.
♦Hayden, Stone & Co., 75 Federal St.
♦Hoit, Rose & Troster, 10 Post Office Sq.
Hornblower & Weeks, 60 Congress St.
♦Hutton & Company, W. E., 75 Federal St.
Jackson & Curtis, 10 Post Office Sq.
Kennedy, Spence & Company, Inc., 25 Federal St.
♦Kidder, Peabody & Co., 115 Devonshire St.
♦Lazard Freres & Co., 75 Federal St.
Learoyd & Nightingale, Incorporated, 50 Con­
gress St.
♦Lee Higginson Corporation, 50 Federal St.
Lyons & Company, 75 Federal St.
Massachusetts Distributors, Inc., 85 Devonshire
St.
Moors & Cabot, 111 Devonshire St.
Moseley & Co., F. S., 50 Congress St.
♦Murphy & Co., G. M.-P., 35 Congress St.
Newton, Abbe & Company, 60 Federal St.
♦Ohrstrom & Co., Inc., G. L., 75 Federal St.
Paine, Webber & Company, 24 Federal St.
Parker Corporation, The, 1 Court St.
♦Paul & Co., Inc., 50 Congress St.
Perry & Co., Inc., Arthur, 31 Milk St.
Preston, Moss & Company, 111 Devonshire St.
Putnam & Company, Inc., F. L., 159 Devonshire
St.
♦Rollins & Sons, Inc., E. H., 75 Federal St.
♦Rothschild & Co., L. F„ 30 State St.
♦Salomon Bros. & Hutzler, 75 Federal St.
♦Schoellkopf, Hutton & Pomeroy, Inc., 75 Federal
St.
♦Seligman & Co., J. & W., 75 Federal St.
♦Shields & Company, 75 Federal St.
♦Smith, Barney & Co., Ill Devonshire St.
Soucy, Swartswelter & Co., 161 Devonshire St.
♦Stone & Webster and Blodget, Inc., 49 Federal
St.
Studley, Shupert & Co., 50 Congress St.
♦Tifft Brothers, 50 Congress St.
♦Trask & Co., Spencer, 50 Congress St.
Tucker, Anthony & Co., 74 State St.
Tyler & Co., Inc., 75 Federal St.
Wainwright & Co., H. C., 60 State St.
Washburn & Company, Inc., 24 Federal St.
♦Watson & Co., Inc., Eli T., 75 Federal St.
♦Watson & White, 10 Post Office Sq.
♦White, Weld & Co., Ill Devonshire St.
Whiting, Weeks & Knowles, Incorporated, 36
Federal St.
Whitney & Elwell, 30 State St.
Wood Company, Arthur W„ 19 Congress St.
CAMBRIDGE
♦Jackson & Curtis, Harvard Sq.
LOWELL
♦Kidder, Peabody & Co., 9 Central St.
LYNN
♦Jackson & Curtis, 23 Central Ave.
. NEW BEDFORD
♦Kidder, Peabody & Co., First National Bldg.
♦Tucker, Anthony & Co., 555 Pleasant St.
PITTSFIELD
♦Reynolds & Co., 28 North St.
♦Tifft Brothers, 100 North St.

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

MICHIGAN
Michigan Group

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


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

JACKSON
♦Dominick & Dominick, 120 W. Michigan Ave.
KALAMAZOO
♦Cray, McFawn & Petter, American National
Bank Bldg.
♦Ross Securities Co., Thompson, American
National Bank Bldg.

1665

MISSOURI
KANSAS CITY
Southwestern Group

Minnesota Group

Alexander, McArthur & Company, 922 Baltimore
Ave.
•Allyn and Company, Inc., A. C., 1012 Baltimore
Ave.
Baum Bernheimer Company, 1016 Baltimore Ave.
♦Blyth & Co., Inc., Commerce Bldg.
♦Brown-Crummer Investment Company, The.
21 W. Tenth St.
Callender, Burke & MacDonald, Fidelity Bldg.
♦Childs and Company, Inc., C. F., 15 W. Tenth St.
City National Bank and Trust Company, 18th &
Grand Ave.
Commerce Trust Company, Tenth & Walnut Sts.
Folsom, Wheeler & Co., 928 Baltimore Ave.
♦Mercantile-Commerce Bank and Trust Company,
Dwight Bldg.
♦Moseley & Co., F. S., R. A. Long Bldg.
Prescott, Wright, Snider Company, 918 Baltimore
Ave.
♦Rollins & Sons, Inc., E. H., Land Bank Bldg.
♦Seerley & Company, Inc., John J., 1006 Balti­
more Ave.
Stern Brothers & Company, 1015 Baltimore Ave.
Weltner, Bigelow & Co., Inc., Dwight Bldg.

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

Southwestern Group

LANSING
♦Hutton & Company, W. E„ 121 W. Michigan
Ave.
MARQUETTE
♦Ross Securities Co., Thompson, Harlow Block.
MUSKEGON
♦Ross Securities Co., Thompson, Hackley Union
National Bank Bldg.

MINNESOTA

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

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

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

WINONA
♦Mannheimer-Caldwell, Inc., Exchange Bldg.

NEBRASKA
MISSISSIPPI

Central States Group

Southern Group

JACKSON
♦Scharff & Jones, Inc., Lamar Life Bldg.
Speed Company, Leland, Deposit Guaranty Bank
Bldg.

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

VICKSBURG
First National Bank & Trust Company of Vicks­
burg, Washington St.

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

♦BRANCH OFFICE

1666

MEMBERSHIP OF THE INVESTMENT BANKERS ASSOCIATION OF AMERICA

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

NEW HAMPSHIRE
New England Group

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

NEW JERSEY
New York Group

ASBURY PARK
♦McDonnell & Co., Berkeley Carteret Hotel
EAST ORANGE
♦Reynolds & Co., 22 Prospect St.
JERSEY CITY
Bullock, Calvin, 921 Bergen Ave.
♦Distributors Group, Incorporated, 1 Exchange PI.
♦Lord, Abbett & Co., Inc., 1 Exchange PI.
♦Massachusetts Distributors, Inc., 15 Exchange
Pi.
♦Nickerson & Co.. Inc., John, 15 Exchange PI.
Reybarn Company, Inc., The., 15 Exchange Pi.
MORRISTOWN
♦Reynolds & Co., Park Square Bldg.
NEWARK
♦Clark, Dodge & Co., 744 Broad St.
Colyer, Robinson & Company, Inc., 1180 Ray­
mond Blvd.
♦Kean, Taylor & Co., 744 Broad St.
♦Minsch, Monell & Co., Inc., 790 Broad St.
♦Ohrstrom & Co., Inc., G. L., 744 Broad St.
Preim & Co., C. A., 744 Broad St.
Rippel & Co., J. S., 18 Clinton St.
Van Deventer, Spear & Co., Inc., 24 Commerce
St.
PATERSON
♦Clark, Dodge & Co., 152 Market St.
♦Harriman & Keech, 175 Market St.
TRENTON
First National Company of Trenton, N. J., 148
W. State St.
♦Graham, Parsons & Co., Broad Street Bank Bldg.
♦Hemphill, Noyes & Co., Stacy-Trent Hotel.
♦Robinson, Miller & Co., Inc., 15 W. State St.
♦Smith, Barney & Co., 114 W. State St.

NEW YORK
New York Group

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


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

♦Moseley & Co., F. S., Ellicott Square Bldg.
O’Brian, Potter & Co., Liberty Bank Bldg.
♦Rollins & Sons, Inc., E. H., Erie County Savings
Bank Bldg.
Schoellkopf, Hutton & Pomeroy, Inc., 70 Niagara
St.
♦Seligman & Co., J. & W., Liberty Bank Bldg
Wood, Trubee & Co., M & T Bldg.
CORTLAND
♦Glidden, Morris & Co., Savings Bank Bldg.
♦Jackson & Curtis, Keeney Theatre Bldg.
ELMIRA
♦Treman & Co., Arthur B., 125 Lake St.
GLENS FALLS
♦Trask & Co., Spencer, Queensbury Hotel
ITHACA
Treman & Co., Arthur B„ First National Bank
Bldg.
MIDDLETOWN
♦Craigmyle & Co., 13 King St.
NEWBURGH
♦Shields & Company, 120 Grand St.
NEW ROCHELLE
♦Shields & Company, 271 North Ave.
NEW YORK CITY
Adams & Peck, 63 Wall St.
Adams, McEntee & Co., Inc., 40 Wall St.
Aldred & Co., 40 Wall St.
Allen & Company, II. L„ 100 Broadway
♦Allyn and Company, Inc., A. C., 40 Wall St.
♦Ames & Co., Inc., A. E., 120 Broadway

(Branch of A. E. Ames & Co., Limited, Toronto)

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

(Agency of Bank of Montreal, Head Office,
Montreal)

Bankers Trust Company, 16 Wall St.
Barr Brothers & Co., Inc., 40 Wall St.
♦Battles & Company, Inc., 90 Broad St.
Bear, Stearns & Co., 1 Wall St.
♦Becker & Co., Incorporated, A. G., 54 Pine St.
(Branch of A. G. Becker & Co., Chicago)

Bennett Bros. & Johnson, 1 Wall St.
Bergen, John J., 40 Wall St.
Blake Brothers & Company, 40 Wall St.
♦Blyth & Co., Inc., 14 Wall St.
♦Bodell & Co., 44 Wall St.
♦Boettcher and Company, 52 Wall St.
Bonbright & Company, Incorporated, 25 Nassau
St.
Bond & Goodwin, Incorporated, 63 Wall St.
Bristol & Willett, 115 Broadway
Brown, Harriman & Co., Incorporated, 63 Wall St.
♦Bullock, Calvin, 1 Wall St.
Burley & Company, 115 Broadway
Burnet & Co., W. E., 11 Wall St.
Burr & Company, Inc., 57 William St.
♦Byllesby and Company, H. M., Ill Broadway
Callaway, Fish & Co., 15 Broad St.
Campbell, Phelps & Co., Inc., 70 Pine St.
Carroll & Co., John B., 70 Pine St.
♦Cassatt & Co., Incorporated, 40 Wall St.
♦Cavalier & Co., Wm., 40 Wall St.
♦Chandler & Company, Inc., 120 Broadway
♦Chaplin & Company, 52 Broadway
Chase National Bank of the City of New York,
18 Pine St.
Chemical Bank & Trust Company, 165 Broadway
♦Childs and Company, Inc., C. F., 1 Wall St.
Childs, Jeffries & Thorndike, Inc., 50 Broadway
Clark, Dodge & Co., 61 Wall St.
Clarke & Co., Inc., Richard W., 50 Broadway
♦Coffin & Burr, Inc., 70 Pine St.
Cohu Brothers, 24 Broad St.
♦Collin, Norton & Co., 26 Broadway
Craigmyle & Co., 1 Wall St.
♦Daly and Craib, 49 Wall St.
Darby & Co., Inc., 1 Wall St.
♦Day & Co., R. L„ 14 Wall St.
Devine & Co., C. J., 48 Wall St.
Dick & Merle-Smith, 30 Pine St.
♦Dickson & Company, R. S., 30 Broad St.
Dillon, Read & Co., 28 Nassau St.
Distributors Group, Incorporated, 63 Wall St.
Dominick & Dominick, 115 Broadway
♦Dominion Securities Corporation, 40 Exchange
PI.

{Branch of The Dominion Securities Corporation
Limited, Toronto)

♦Dougherty, Corkran & Co., Ill Broadway
Downs & Co., Harry, 60 Wall Tower
Doyle & Co., Charles E., 20 Pine St.
du Pont & Co., Francis I., 1 Wall St.
Eastman, Dillon & Co., 15 Broad St.
Eberstadt & Co., Inc., F., 39 Broadway
♦Elder & Company, 11 Wall St.
♦BRANCH OFFICE

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

MEMBERSHIP OF THE INVESTMENT BANKERS ASSOCIATION OF AMERICA
NEW YORK CITY—Continued
Salomon Bros. & Hutzler, 60 Wall St.
Saunders, Ashplant & Company, 2 Wall St.
Schaumburg, Rebhann & Lynch, 52 William St.
Schlater, Noyes & Gardner, Inc., 60 Broadway
♦Schoellkopf, Hutton & Pomeroy, Inc., 63 Wall St.
Scholle Brothers, 40 Wall St.
Schroder Rockefeller & Co., Inc., 48 Wall St.
•Schwabacher & Co., Ill Broadway
Seligman & Co., J. & W„ 54 Wall St.
Shields & Company, 44 Wall St.
Smith, Barney & Co., 14 Wall St.
Smithers & Co., F. S„ 15 Broad St.
Speyer & Co., 24 Pine St.
Starkweather & Co., Ill Broadway
♦Stein Bros & Boyce, 39 Broadway
Stemmier & Co., 52 William St.
♦Stern and Company Incorporated, Lawrence, 40
Wall St.
Stone & Webster and Blodget, Inc., 90 Broad St.
♦Stranahan, Harris & Company, Inc., 115 Broad­
way
♦Stroud & Company, Inc., 120 Broadway
Swart & Co., Inc., R. E., 40 Exchange PI.
Trask & Co., Spencer, 25 Broad St.
♦Treman & Co., Arthur B., 26 Broadway
♦Tucker, Anthony & Co., 120 Broadway
Van Alstyne, Noel & Co., 52 Broadway
♦Van Deventer, Spear & Co., Inc., 61 Broadway
Van Ingen & Co., Inc., B. J., 57 William St.
♦Wainwright & Co., H. C„ 14 Wall St.
♦Walker & Co., G. H„ 1 Wall St.
♦Washburn & Company, Inc., 40 Wall St.
♦Watkins, Morrow & Co., 67 Broad St.
♦Watling, Lerchen & Hayes, 120 Broadway
Watson & Co., Inc., Eli, T„ 60 Wall St.
Watson & White, 149 Broadway
Weed, Hall, Berndt & Co., 40 Wall St.
♦Weeden & Co., 14 Wall St.
♦Weil, Roth & Irving Company, The, 74 Trinity
PI.
Wertheim & Co., 120 Broadway
White & Company, Inc., J. G., 37 Wall St.
White, Weld & Co., 40 Wall St.
Williams & Co., Clark, 160 Broadway
♦Willson & Co., James C., 39 Broadway
Wilmerding & Co., 120 Broadway
♦Winthrop, Mitchell & Co., 26 Broadway
♦Witter & Co., Dean, 14 Wall St.
♦Wood, Grundy & Co„ Inc., 14 Wall St.
Wood, Low & Co., 63 Wall St.
Wood, Struthers & Co., 20 Pine St.
♦Wright & Co., Ed C., 49 Wall St.
Young & Company, Inc.. F. J., 52 Wall St.

NORTH CAROLINA
Southeastern Group

CHARLOTTE
Dickson & Company, R. S., Wilder Bldg.
Interstate Securities Corporation, 200 S. Tryon
St.
Kirchofer & Arnold, Inc., Johnston Bldg.
♦Scott, Horner & Mason, Inc., Johnston Bldg.
DURHAM
♦Courts & Co., 212 N. Corcoran St.
GREENSBORO
Burnett and Company, Inc., Oscar, Security
Bank Bldg.
♦Elder & Company, Security Bank Bldg.
♦Equitable Securities Corporation, Jefferson Bldg.
Lewis and Hall, Inc., Jefferson Bldg.
RALEIGH
♦Dickson & Company, R. S„ Security Bank Bldg.
Kirchofer & Arnold, Inc., Capital Club Bldg.
WILSON
Branch Banking & Trust Co., 124 Nash St.
WINSTON-SALEM
♦Smith, Barney & Co., First National Bank Bldg.
Wachovia Bank & Trust Company, Third &
Main Sts.

OHIO
AKRON
Northern Ohio Group

♦Harriman & Keech, 106 S. Main St.
♦Jackson & Curtis, Ohio Bldg.
♦Mitchell, Herrick & Co., Akron Savings & Loan
Bldg.
♦Murfey, Blossom & Co., First Central Trust Bldg.
♦Nelson, Browning & Company, First Central
Tower
♦Otis & Co., First Central Trust Bldg.
CANTON
Northern Ohio Group

NORWICH
♦Wood, Trubee & Co., 20 S. Broad St.

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

POUGHKEEPSIE
♦Eastman, Dillon & Co., 39 Market St.
ROCHESTER
Bonbright & Co., George D. B., Powers Bldg.
Feistel, Cobb & Co., Inc., Powers Bldg.
Houck & Company, Inc., Albert A., LincolnAlliance Bldg.
♦Lee Higginson Corporation, Lincoln-Alliance
Bldg.
Little & Hopkins, Inc., 16 Main St., E.
♦Rothschild & Co., L. F., Lincoln-Alliance Bldg.
Sage, Rutty & Company, Inc., 183 Main St. E.
♦Schoellkopf, Hutton & Pomeroy, Inc., LincolnAlliance Bldg.
♦Shields & Company, 39 State St.
♦Stone & Webster and Blodget, Inc., Reynolds Ar­
cade Bldg.
•Tucker, Anthony & Co., 16 Main St., E.
♦Wood, Trubee & Co., Lincoln-Alliance Bldg.
ROME
♦Wood, Trubee & Co., 168 Dominick St.
SCHENECTADY
♦Trask & Co., Spencer, 212 State St.
SYRACUSE
♦Bancamerica-Blair Corporation, State Tower
Bldg.
♦Brown Harriman & Co., Incorporated, Onondaga
Bldg.
•Lee Higginson Corporation, 206 Highland St.
♦Pressprich & Co., R. W., State Tower Bldg.
•Seligman & Co., J. & W„ State Tower Bldg.
UTICA
♦Clarke & Company. H. Vaughan, Mayro Bldg.
•Treman & Co., Arthur B„ First National Bank
Bldg.
WATERTOWN
♦Treman & Co., Arthur B., Ill Stone St.

88

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

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

Ball, Coons & Company, Union Trust Bldg.
♦Bancamerica-Blair Corporation, Union Trust Bldg.
♦Bancohio Securities Company, Union Trust Bldg.
♦Blyth & Co., Inc., Union Trust Bldg.
Borton, Bates & Co., Union Trust Bldg.
♦Brown Harriman & Co., Incorporated, Union
Trust Bldg.
♦Bullock, Calvin, Williamson Bldg.
Central National Bank, 308 Euclid Ave.
♦Central Republic Company, Union Trust Bldg.
•Childs and Company, Inc., C. F., Union Trust
Bldg.
♦BRANCH OFFICE

1667

Cleveland Trust Company, The, 916 Euclid Ave.
Curtiss, House & Company, Union Trust Bldg.
Emerson & Co., Incorporated, H. L., Union Trust
Bldg.
♦Field, Richards & Shepard, Inc., Union Trust
Bldg.
♦First Boston Corporation, The, Union Trust Bldg.
First Cleveland Corporation, The, National City
Bank Bldg.
Gillis, Wood & Co., Union Trust Bldg.
Hawley, Huller and Company, Union Trust Bldg.
Hayden, Miller and Company, Union Trust Bldg.
♦Hornblower & Weeks, Union Trust Bldg.
♦Jackson & Curtis, Union Trust Bldg.
Johnson, Kase & Co., 308 Euclid Ave.
Joseph & Co., Inc., Union Trust Bldg.
Kraus-Cunningham & Company, Union Trust
Bldg.
♦Loeb & Company, Carl M., National City Bank
Bldg.
McDonald-Coolidge & Co., Williamson Bldg.
Mericka & Co., Inc., Wm. J., 925 Euclid Ave.
Merrill, Turben & Company, Union Trust Bldg.
Mitchell, Herrick & Co., Cuyahoga Bldg.
Murch and Company, Maynard H., Union Trust
Bldg.
Murfey, Blossom & Co., Guardian Bldg.
National City Bank of Cleveland, The, E. Sixth
St. at Euclid Ave.
♦Nelson, Browning & Company, Union Trust Bldg.
Otis & Co., 216 Superior Ave., N. E.
m
♦Paine, Webber & Company, Terminal Tower
Bldg.
♦Rollins & Sons, Inc., E. H., Union Trust Bldg.
♦Salomon Bros. & Hutzler, Union Trust Bldg.
Saunders, Stiver & Co., Terminal Tower Bldg.
♦Smith, Barney & Co., Union Trust Bldg.
♦Soucy, Swartswelter & Co., Central National
Bank Bldg.
♦Stifel, Nicolaus & Co., Inc., Cuyahoga Bldg.
♦Stranahan Harris & Company, Inc., Hippodrome
Bldg.
♦Wood, Struthers & Co., Terminal Tower Bldg.
COLUMBUS
Ohio Valley Group

♦Ball, Coons & Company, 16 E. Broad St.
BancOhio Securities Company, 51 N. High St.
♦First Cleveland Corporation, The, A. I. U. Bldg.
♦Mitchell, Herrick & Co., Citizens Bank Bldg.
♦Otis & Co., Huntington National Bank Bldg.
♦Paine, Webber & Company, 50 E. Broad St.
Sweney, Inc., Lowry, 17 S. High St.
DAYTON
Ohio Valley Group

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

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

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

OKLAHOMA
Southwestern Group

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

OREGON
Pacific Northwest Group

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

1668

MEMBERSHIP OF THE INVESTMENT BANKERS ASSOCIATION OF AMERICA

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

PENNSYLVANIA
ALLENTOWN
Eastern Pennsylvania Group

♦Reynolds & Co., Americus Hotel Bldg.
♦Smith, Barney & Co., Dime Trust Bldg.

BETHLEHEM
Eastern Pennsylvania Group

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

EASTON
Eastern Pennsylvania Group

♦Lord, Abbett & Co., Inc., First National Bank
Bldg.
♦Smith, Barney & Co., 7 Center Sq.

Investment Registry of America, Inc., 1515
Locust St.
♦Jackson & Curtis, Philadelphia National Bank
Bldg.
Janney & Co., 1529 Walnut St.
♦Kidder, Peabody & Co., 1416 Chestnut St.
Krauze, Barrows & Company, Land Title Bldg.
♦Lazard Freres & Co., Girard Trust Company Bldg.
Lilley & Co., Packard Bldg.
McMillan, Rapp & Company, 1420 Walnut St.
Morgan & Co., Reed A., 16 S. Broad St.
♦Murphy & Co., G. M.-P., 123 S. Broad St.
Newbold’s Son & Co., W. H., 1517 Locust St.
♦Ohrstrom & Co., Inc., G. L„ 1500 Walnut St.
♦Paine, Webber & Company, Packard Bldg.
Parsly Bros. & Co., Inc., 1500 Walnut St.
Paul & Co., Inc., 1420 Walnut St.
Phillips & Co., Samuel K„ Packard Bldg.
♦Pressprich & Co., R. W., Girard Trust Company
Bldg.
♦Reynolds & Co., 1500 Walnut St.
♦Riter & Co.. 1529 Walnut St.
♦Rollins & Sons, Inc., E. H., 1528 Walnut St.
♦Salomon Bros. & Hutzler, 123 So. Broad St.
♦Schoellkopf, Hutton & Pomeroy, Inc., 123 S.
Broad St.
♦Shields & Company, 1421 Chestnut St.
♦Smith, Barney & Co., 1411 Chestnut St.
♦Starkweather & Co., Girard Trust Company Bldg.
♦Stone & Webster and Blodget, Inc., Packard Bldg.
Stroud & Company, Inc., 1429 Walnut St.
Suplee, Yeatman & Company, Inc., 220 S. Six­
teenth St.
Swain & Company, Inc., Land Title Bldg.
Thayer, Baker & Co., 16 S. Broad St.
Tyson Company, Warren A., 1528 Walnut St.
♦Van Alstyne, Noel & Co., 1500 Walnut St.
♦Watson & Co., Inc., Eli T„ 1616 Walnut St.
Wurts, Dulles & Co., 1416 Chestnut St.
Yarnall & Co., 1528 Walnut St.
•Young & Company, Inc., F. J., 1616 Walnut St.

SCRANTON
Eastern Pennsylvania Group

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

SHARON
Western Pennsylvania Group

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

WILKES-BARRE
Eastern Pennsylvania Group

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

WILLIAMSPORT
Eastern Pennsylvania Group

PITTSBURGH

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

Western Pennsylvania Group

ERIE
♦Shields & Company, Erie Trust Bldg.

HARRISBURG
Eastern Pennsylvania Group

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

LANCASTER
Eastern Pennsylvania Group

♦Clark & Co., E. W„ Fulton National Bldg.

PHILADELPHIA
Eastern Pennsylvania Group

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


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

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

YORK
Eastern Pennsylvania Group

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

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

SOUTH CAROLINA
Southern Group

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

COLUMBIA
Crawford Co., Inc., G. H., Central Union Bldg.
♦Dickson & Company, R. S„ Central Union Bldg.

POTTS VILLE
Eastern Pennsylvania Group

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

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

READING
Eastern Pennsylvania Group

TENNESSEE

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

CHATTANOOGA

♦BRANCH OFFICE

Southern Group

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

Provident

MEMBERSHIP OF THE INVESTMENT BANKERS ASSOCIATION OF AMERICA
KNOXVILLE

VIRGINIA

Southern Group

Southeastern Group

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

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

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

TEXAS
Texas Group

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

UTAH
Rocky Mountain Group

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

VERMONT
New England Group

BURLINGTON
♦Jenks, Gwynne & Co., Burlington Trust Bldg.


8 8-A
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

CHARLOTTESVILLE
Peoples National Bank, The, Main St.

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

WASHINGTON
Pacific Northwest Group

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

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

♦Ferris & Hardgrove, Marcus Whitman Bldg.
YAKIMA
♦Ferris & Hardgrove, A. E. Larson Bldg.

1669

OSHKOSH
♦Securities Company of Milwaukee Inc., The, First
National Bank Bldg.
♦Shields & Company, First National Bank Bldg.
RACINE
♦Shields & Company, Arcade Bldg.

CANADA
BRITISH COLUMBIA
Pacific Northwest Group

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

• MANITOBA
Canadian Group

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

♦Dominion Securities Corporation Limited, Union
Trust Bldg.
♦Mills, Spence&Co.,Ltd., Bank of Nova Scotia Bldg.
♦Wood, Gundy & Company Limited, Victory Bldg.

ONTARIO
Canadian Group

HAMILTON
♦McLeod, Young, Weir & Co., Ltd., Spectator
Bldg.
♦Mills, Spence & Co., Ltd., Sun Life Bldg.
♦Wood, Gundy & Company Limited, 1 Main St., E.
LONDON
♦McLeod, Young, Weir & Co., Ltd., Richmond
Bldg.
Midland Securities Corporation Limited, Huron
& Erie Bldg.
OTTAWA
♦Ames & Co., Limited, A. E., 140 Wellington St.
♦Greenshields & Company, Inc., 140 Wellington
St.
♦Hanson Bros. Incorporated, 56 Sparks St.
♦McLeod, Young, Weir & Co., Ltd., Ottawa
Electric Bldg.
♦Wood, Gundy & Company Limited, Victoria
Bldg.
TORONTO
Ames & Co., Limited, A. E., 320 Bay St.
Bartlett, Cayley and Company Limited, 320
Bay St.
Bell, Gouinlock & Co., Ltd., 25 King St., W.
♦Collier, Norris & Henderson, Limited, 320 Bay
St.
Dominion Securities Corporation Limited, 15
King St., W.
Gairdner & Company Limited, 320 Bay St.
♦Greenshields & Company, Inc., 64 King St., W.
♦Hanson Bros, Incorporated, 330 Bay St.
♦Jenks, Gwynne & Co., 320 Bay St.
McLeod, Young, Weir & Co., Ltd., Metropolitan
Bldg.
♦Midland Securities Corp., Ltd., Dominion Bank
Bldg.
Mills, Spence & Co., Ltd., 25 King St., W.
Wood, Gundy & Company Limited, 36 King St.,

QUEBEC
WEST VIRGINIA
Southeastern Group

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

Canadian Group

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

♦Ames & Co., Limited, A. E., 360 St. James St., W
Bank of Montreal, Head Office, 119 St. James St,

WISCONSIN
Central States Group

♦Bullock, Ltd., Calvin, Aldred Bldg.
(Branch of Calvin Bullock, Jersey City)

MADISON
♦Securities Company of Milwaukee Inc., The,
First Central Bldg.
♦Shields & Company, First Central Bldg.

Collier, Norris & Henderson, Limited, Aldre
Bldg.
♦Dominick Corporation of Canada, 360 St. Jam(
St., W.

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

♦Dominion Securities Corporation Limited, 275
St. James St., W.
♦Gairdner & Company Limited, 360 St. James St.,

♦BRANCH OFFICE

(Branch of Dominick & Dominick, New York)

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

STOCK EXCHANGE MEMBERS

1670

CALIFORNIA
LOS ANGELES STOCK EXCHANGE
618 So. Spring St.

OFFICERS: McClarty Harbison, President; Norman A. Tulk, 1st Vice-President; S. H. Ellis, Jr., 2nd Vice-President; Harry B. Brooks, Treasurer;
W. Q. Paul, Exec. Secretary; James W. Elliott, Managing Secretary; Inez Vermillion, AssistantlSecretary

MINIMUM COMMISSION RATES
Effective January 3, 1938
SCHEDULE “I”
The following minimum rates shall apply on all stocks other than Mining
Stocks and/or stocks competitive with the New York Stock Exchange and/
or the New York Curb Exchange.
Preferred
Customer’s
Rates
Rates
Board
Board
Lots
Lots
per 100 Odd Lots
PffQg
per 100 Odd Lots
shares
shares
$ .25 Pro Rata
Under 10c___________________ & -50 Pro Ruta
.50 Pro Rata
.25_$ 1.00
Pro Rata
.10 and under $
At $
1.00 Pro Rata
.50_ 2.00
Pro Rata
.25 and under
AtJ
2.00 Pro Rata
.75_ 3.00
Pro Rata
.50 and under
At
3.00 Pro Rata
1.00_ 4.00
Pro Rata
.75 and under
At
5.00 Pro Rata
2.00..-. 7.00 13c a share
1.00 and under
At
6.00
Pro Rata
3.00_
8.00
13c
a
share
2.00 and under
At
7.00 Pro Rata
4 00_ 9.00
13c a share
3.00 and under
At
8.00
Pro Rata
5.00_10.00
13c
a
share
4.00
and
under
At
9.00 Pro Rata
6 00 -- 12.00 20c a share
5.00 and under
At
10.00
Pro
Rata
7
00
.
_
13.00
20c
a
share
6.00
and
under
At
11.00 Pro Rata
8 00 --. 14.00 20c a share
7 00 and under
At
12.00
Pro
Rata
9.00
-.15.00
20c
a
share
8.00
and
under
At
13.00 Pro Rata
9.00 and under 10 00 ... 16.00 20c a share
At
14.00
Pro
Rata
20
00
-19.00
25c
a
share
10.00
and
under
At
15.00 Pro Rata
30 00
20.00 25c a share
At 20.00 and under 40
16.00
Pro
Rata
00
..
21.00
25c
a
share
30.00
and
under
At
17.00 Pro Rata
At 40.00 and under 50 00 . 22.00 25c a share
18.00
Pro
Rata
60
00
.
23.00
30c
a
share
50.00
and
under
At
19.00 Pro Rata
At 60.00 and under 70 00 .. 24.00 30c a share
20.00
Pro
Rata
80
00
.-25.00
30c
a
share
70.00
and
under
At
21.00 Pro Rata
26.00 30c a share
At 80.00 and under 90 00 -- 27.00
22.00 Pro Rata
30c a share
At 90.00 and under 100 00
23.00 Pro Rata
110 00. . 28.00 30c a share
At 100.00 and under 120
24.00
Pro Rata
00
_
29.00
30c
a
share
110.00
and
under
At
25.00 Pro Rata
00 -.- 30.00 30c a share
At 120.00 and under 130
26.00
Pro Rata
140.00___31.00
Pro
Rata
130.00
and
under
At
Customers and preferred board lot schedules shall be increased *1.00 for
each $10.00 increase in price at 140 and above and odd lot rates shall be
pro rata thereof.

Minimum Commissions
On stocks selling under $1.00 customers minimum, $2.50; preferred
minimum, $1.75.
On stocks selling at $1.00 and over customers minimum, $5.00; preferred
minimum, $3.75.
On transactions in which the money involved is less than $10.00 the com­
mission charge shall be optional

On transactions at $10.00 and over but under $50.00 the minimum com­
mission to customers shall be $2.50 and to those entitled to the preferred
schedule $1.75,

Application of Preferred Schedule
(A) Members may transact business at the rates prescribed in the preferred
schedule when such transactions are for the account of members of the
San Francisco Stock or Curb Exchanges.
(B) Members may transact business at the rates prescribed in the preferred
schedule when such transactions are in securities traded on the New York
Stock or Curb Exchanges and/or the San Francisco Stock or Curb Exchanges
and are for the account of:
(1) Members of the New York Stock Exchange or other Exchanges
specifically approved by the Governing Board.
(2) Those organizations specifically approved in Section 8, Chapter
VII of the Governing Board Rules.
(3) Approved banks.

Competitive Stocks
Transactions in securities traded on the New York Stock or Curb Ex­
changes shall carry the Pacific Coast customers or preferred rates for such
transactions when such rates.are at variance herewith, except as to minimum
charges.

MEMBERS
Marache, Paul J. & Co., 650 S. Spring St.

Adams-Chadwick Co., 650 S. Spring St.
Adams, Thomas E. & Co., 650 S. Spring St.
Akin-Lambert Co., 639 S. Spring St.

Ellis, S. H„ Inc., 639 S. Spring St.
Fastnow, William C., 215 W. 7th St.
Friedlander & Speth, Inc., 650 S. Spring St.

Mitchum, Tully & Co., 650 S. Spring St.

Bacon & Co., 256 Montgomery St., San Francisco.
Bankamerica Co., 650 S. Spring St.
Banks, Huntley & Co., 634 S. Spring St.

GRANT, D. G. COMPANY, Room 415, 453
S. Spring St.

Morlan, Malcolm F., 215 W. 7th St.
Morris & Co., A. W., 325 W. 8th St.

Barbour, Smith & Company, 634 S. Spring St.
Barnes, MacDonald 8c Company, 210 W. 7th St.
Bateman, Eichler & Co., 453 S. Spring St.
Battson & Co., 621 S. Spring St.

Blvd.,

Bayly Brothers, Inc. of California, 727 West 7th St.
Bennett, Richards & Hill, 621 S. Spring St.

Brashears, G. & Co., 510 S. Spring St.
California Seaboard Corporation, 634 S. Spring St.
♦Casamajor & Doty, 619 E. Colorado St., Pasa­
dena.
Cass Associates, Quincy, 530 W. 6th St.
Cavalier, Wm. & Co.. 523 W. 6th St.

Cook, Miller & Co., Inc., 650 S. Spring St.
Crisler, L. A. & Co., 639 S. Spring St.
Crowell, Weedon & Co., 650 S. Spring St.
Dobbs-Crowe & Company, 626 S. Spring St.
Dunk-Harbison Co., 634 S. Spring St.
Edgerton, Riley & Walter, 621 S. Spring St.

Mason Brothers, 650 S. Spring St.

Graves, Banning & Co., 629 S. Spring St.
♦Greenwood & Co., 6253 Hollywood
Hollywood.
Gregory, R. N. & Co., 210 W. 7th St.

Miller & Co., Revel, 650 S. Spring St.

♦Newland, E. H. & Co., 639 S. Spring St.

Harris, F. E. & Co., 650 S. Spring St.
Hay. Earl G., 650 S. Spring St.
Hill, D. A., & Co., 215 W. 7th St.
♦Hogle, J. A., & Co., 532 W. 6th St.
Hopkins, Hughey & Anderson, 609 S. Grand Ave.
Hurry, Hilgers, Co., 530 W. 6th St.
Hutton, E. F. & Co., 623 S. Spring St.

Pacific Company of California, 623 South Hope St.
Page, Hubbard & Asche, 210 W. 7th St.
Paul & Jones, 215 W. 6th St.
Rath, Howard G. Co., 523 W. 6th St.
Rogers & Co., Inc., Hartley, 210 W. 7th St.
Rutland, Edwards & Co., Inc., 609 So. Grand Ave.

Schabarum, Frank A., 650 S. Spring St.
Searl-Merrick Company, 634 S. Spring St.

Sinclair, Dunlop & Co., 210 W. 7th St.
STAATS, WM. R. CO., 640 South Spring St.

Kerr, J. D. & Co., 629 S. Spring St.
♦Knight, Jno. 0., 2177 W. 24th St.

Sutro & Company, 210 W. 7th St.

Laswell & Co., 609 S. Grand Ave.
Lewis, M. H. & Co., 453 S. Spring St.
Longan, Dunn & Co., 621 S. Spring St.
Lopez & Co., 639 S. Spring St.

Wade & Co., R. C., 650 S. Spring St.

Thomas-Seidel & Co., 458 S. Spring St.
Walker, M. S„ & Co., 125 E. First St., Long Beach.

White, Wyeth & Co., 647 S. Spring St.
Wilke, Fred L„ 530 W. Sixth St.

MacLaughlin, Leo G., Co., 54 S. Los Robles Ave.,
Pasadena.

Woll & Co., 325 W. 8th St.
Young-Clarke & Co., 215 W. 7th St.

(Associate members ♦)

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


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

STOCK EXCHANGE MEMBERS

1671

SAN FRANCISCO STOCK EXCHANGE
(Board Room: 155 Sansome St.)
Officers: Wm. R. Bacon, President;

Douglas G. Atkinson, 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 February 1, 1938
On Stocks Selling
Per
Odd L*ts Minimum
Price Per Share
100 Shares
Per Share
Charge
Under 10c ___ ...
___$ .50
♦Pro Rata
$2.50
At $
.10 but under $
.25..- ___ 1.00
♦Pro Rata
2.50
At
.25 but under
,50_-_ ___ 2.00
♦Pro Rata
2.50
At
.50 but under
.75-.- ___ 3.00
♦Pro Rata
2.50
At
.75 but under
1.00--. ___ 4.00
♦Pro Rata
2.50
At
1.00 but under
2.00._ ___ 7.00
13c
2.50
At
2.00 but under
3.00-. ___ 8.00
13c
2.50
At
3.00 but under
4.00-_- ___ 9.00
13c
2.50
At
4.00 but under
5.00-,- ___10.00
13c
2.50
At
5.00 but under
6.00- ___ 12.00
20c
2.50
At
6.00 but under
7.00- _ ___ 13.00
20c
2.50
At
7.00 but under
8.00__ ___ 14.00
20c
2.50
At
8.00 blit under
9.00__ ___ 15.00
20c
2.50
At
9.00 but under 10.00- ___ 16.00
20c
2.50
At 10.00 but under 20.00-- ___ 19.00
25c
2.50
At 20.00 but under 3000--. ___20.00
25c
2.50
At 30.00 but under 40.00--. ___ 21.00
25c
2.50
At 40.00 but under 50.00_-_ ___22.00
25c
2.50
At 50.00 but under 60.00--. ___ 23.00
30c
3.00
At 60.00 but under 70.00__ ___24.00
30c
3.00
At 70.00 but under 80.00- ___ 25.00
30c
3.00
At 80.00 but under 90.00_____ 26.00
30c
3.00
At 90.00 but under 100.00- ___ 27.00
30c
3.00
At 100.00 but under 1 10.00._ ___ 28.00
30c
3.00
At 110.00 and over the commission, per 100 shares, shall be increased
$1.00 for each $10.00 increase in selling price.
THE ODD LOT RATE on stocks selling:
At $110.00 but under $130.00 per share, shall be 30c per share.
At $130.00 per share and above, shall be a pro rata of the round lot rate.
NOTES: (1) Whenever the commission charge based on the odd lot rate is
higher than a charge for a round lot (100 shares) of the same stock, the latter
amount may be charged.
*(2) On any individual transaction in stocks, rights and warrants, where
the total amount of money involved is $10.00 or more and less than $50.00,
the minimum charge shall be $2.50 for each transaction. When the total
amount involved is less than $10.00, the minimum charge may be discretion­
ary with the member.

BONDS
Minimum
Charge
Up to $125.00, $10,000 lots............-_$25.00 per $10,000 par value-_$2.50
(Odd Lots Pro Rata)
At $125.00 and over rates for stocks apply
(except that an odd lot is less than $10,000 par value).

On all shipments of securities for customers (or incident to customers’ pur­
chases or sales), whether eastbound or westbound, insurance and postage
shall be charged to all customers at the following rates:

REGULAR MAIL (RAIL): 15c per $1,000 of market value on nonnegotiable securities with a minimum charge of 30c; 20c per $1,000 of market
value on negotiable securities with a minimum charge of 45c. AIR MAIL:
30c per $1,000 of market value on non-negotiable securities with a minimum
charge of 50c; 50c per $1,000 of market value on negotiable securities with
a minimum charge of 75c. If a member accounts to a customer for several
orders involving one shipment, the total proceeds may be added and the
insurance and postage charges may be made on the total proceeds at the
rates above specified.

MEMBERS AND MEMBER FIRMS
Adams, W. W., 465 California St.
Adams, W. W. & Co., 465 California St.
Alanson, Bertram E., 486 California St.
Alanson Bros. & Co., 486 California St.
♦American Brokerage, Inc., 460 Montgomery St.
Atkinson, Douglas G., 50 Post St.
Bacon & Co., 256 Montgomery St.
Bacon, Wm. R„ 256 Montgomery St.
Baerwaid, Ernst., Suite 12, Mills Bldg.
♦Bankamerica Company, 485 California Street
Barth, J. & Co., 482 California St.
Berl, Edwin D., 256 Montgomery St.
Bolton, Robert C., & Co., 486 California St.
Brayton, Harold, 50 Post St.
Brown, Austin, 45 Montgomery St.
Buchanan & Co., H. H., 15 E. Santa Clara St.,
San Jose, Calif, and 50 Post St., San Francisco.
Cavalier, Wm. & Co., 121 Sutter St.
Clayburgh, Herbert E., 482 California St.
Coleman, Jr., Robert L., 133 Montgomery St.
Curran, Hooker & Fay, 155 Sansome St.
Davies & Co., 300 Standard Oil Bldg.
Davis, Skaggs & Co., 211 Montgomery St.
Dickey & Co., 216 Montgomery St.
Dickey, Wm. Duvall, 216 Montgomery St.
Douglass, Earl S., 317 Montgomery St.
Duncan, Calvin E. & Co., 519 California St.
Dunn, Frank M„ 232 Montgomery St.
Dwyer, Frank M., 155 Sansome St.
Dwyer & Parrish, 155 Sansome St.
Eastland & Co., 1 Montgomery St.
Ede, Jr., William, 569 Russ Bldg.
Ehrman, Albert L„ 519 California St.
Ehrman, Jr., Alexis L., 133 Montgomery St.
♦Elworthy & Co., Ill Sutter St.
Epstein, Gustav, 482 California St.

Fay, Jr., Charles W„ 155 Sansome St.
Fisher & Co., 351 Montgomery St.
Frankenheimer, B. J„ 111 Sutter St.
Greene, Howard J„ 407 Montgomery St.
Greenwood, G. M., 1501 Russ Bldg.
Greenwood-Raggio & Co., 1501 Russ Bldg.
Grimes, Thornton E., 490 California St.
Grimes & Swift, 490 California St.
Heintz, Geo. A., 351 Montgomery St.
Heilman, R. H„ 517 California St.
Hellmann-Lewin & Co., 517 California St.
Hendrickson, Alfred D., 155 Sansome St.
Hendrickson, Shuman & Co., 155 Sansome St.
Heron, Donald, 604 Kohl Bldg.
Hoelscher, Sherman, 265 Montgomery St.
Holt & Ede, 569 Russ Bldg.
Hooker, John R., 155 Sansome St.
Howell, Douglass & Co., 317 Montgomery St.
Howell, James B„ 317 Montgomery St.
Jacobsen, Rudolph E„ 486 California St.
Jenkins, Reginald C., 225 Montgomery St.
Johnson, Cyrus B„ 155 Sansome St.
Johnson, Frederic H„ 1543 Russ Bldg.
Kahn, Sidney P., 482 California St.
Keyston & Co., 50 Post St.
Keyston F. B. Co., 50 Post St.
Keyston, George N., 50 Post St.
Koshland, Max I. & Co., Suite 12, Mills Bldg.
Leib, O'Connor & Co., 3014 Russ Bldg.
Lilienthal, M. P., 1204 Russ Bldg.
Lilienthal, M. P., & Co., 1204 Russ Bldg.
Lundborg, Irving & Co., 604 Kohl Bldg.
Mack, Jr., Harold L., 3014 Russ Bldg.
Maxwell, Victor T., 1 Montgomery St.
McDonnell & Co., 633 Market St.
McNear & Company, 362 Russ Bldg.
McNear, Edward H., 362 Russ Bldg.

Meigs, J. J., Box 123, Garber villa.
Miller, G. Willard, 45 Montgomery St.
Newell, Coons & Co., 232 Montgomery St.
Norris, L. H. & Sor, 1272 Russ Bldg.
Norris, Lucius G., 1272 Russ Bldg.
Park, Howard G., 155 Sansome St.
Parrish, Earl T., 155 Sansome St.
Pierce, E. A. & Co., 301 Montgomery St.
Platt, Robert R., 300 Standard Oil Bldg.
Pringle, Edward O., 1 Montgomery St.
Purrington, Elwin E., 50 Post St.
Raiss, Carl & Co., 256 Montgomery St.
Raiss, Carl, 256 Montgomery St.
Ridley, Robert M., 633 Market St.
Schwartz, Sidney L., 407 Montgomery St.
Shaughnessy, Frank C. & Co., 604 One Elevea
Sutter Bldg.
Shaughnessy, Frank C., 604 One Eleven Sutter
Bldg.
Shaw, Hooker & Co., 1 Montgomery St.
Shuman, W. D. M., 155 Sansome St.
Simon, Richard O., 482 California St.
Skaggs, C. W., 211 Montgomery St.
♦WM. R. STAATS CO., 155 Montgomery St.
Stern & Co., John D., Ill Sutter St.
Strassburger & Co., 133 Montgomery St.
Sutro, Adolph G., 1000 Point Lobos Ave.
Sutro & Co., 407 Montgomery St.
Wade & Co., Suite 610, Russ Bldg.
Wade, Jr., M. C., Suite 610, Russ Bldg.
Walston & Co., 265 Montgomery St.
Watson, R. B., 50 Post St.
Wheeler, Rollo C., 1243 Russ Bldg.
Wight, C. R., 519 California St.
Willard, Robert H„ 121 Sutter St.
Wilson, Francis A., 1112 Russ Bldg.
Witter, Dean & Co., 45 Montgomery St.
Woods, Wm. W„ 301 Montgomery St.

(Associate Member*)
Further inform*tion on firms appearing In bold lace type will be found in tbe selected list of Investment Dealers following bank list In each city


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

STOCK EXCHANGE MEMBERS

1672

COLORADO
COLORADO SPRINGS STOCK EXCHANGE
President—Horace M. Ragle, Mining Exchange Bldg.
Secretary—C. M. Balkam, 418 Mining Exchange Bldg.

(P. O. Box 196)

KATES OF COMMISSION
Adopted December 31, 1925
Under lc per share..................................................... $ .50 per 1,000 shares
At lc and under 2c per share_______
.75 per
1,000shares
At 2c and under 6c per share_________________ 1.25 per
1,000shares
At 5c and under 10c per share________________ 2.00 per
1,000shares
At 10c and under 20c pershare_______________ 3.00 per
1,000shares
At 20c and under 30c pershare_______________ 4.00 per
1,000shares
At 30c and under 40c pershare_______________ 5.00 per
1,000shares
At 40c and under 50c pershare_______________ 6.00 per
1,000shares
At 60c and under 75c pershare___ ____________ 7.60 per
1,000shares
At 75c and under $1.00 per share........ ................... 10.00 per 1,000 shares
100shares
At $1.00 and under $2.00 per share......................... 2.00 per
At $2.00 and under $3.00 per share____________ 4.00 per
100shares
At $3.00 and under $5 00 per share____________ 5.50 per
100shares
100shares
At $6.00 and under $10.00 per share....................... 7.50 per
•At $10.00 and under $25.00 per share..............
15.00 per
100shares
At $26.00 and over per share_________________ 25.00 per
100shares
(Minimum commission shall not be less than $1.00 on an Individual
transaction.)
•Golden Cycle Corp.—20c per share.

ON BONDS
(Effective July 17,1*34)
$1.50 per $100 bond—for total par values of $100 to $500 inclusive.
$3.00 per single bond of $1,000 par value.
$2.50 for each bond In even multiples of $1,000 par value.

BOARD-LOTS
5,000 shares In stocks selling at less than 2c per share.
1,000 shares In stocks selling at 2c and less than 50c per share.
500 shares in stocks selling at 50c and less than $2.00 per share, except
the shares of the Holly Development, Holly Oil, Table Mesa Oil in which
100 shares constitute a board-lot.
100 shares In stocks selling at $2.00 and less than $10.00 per share.
10 shares In stocks selling at $10.00 and over per share.
Daily quotations are for board-lots only

MEMBERS
Balkam, C. M., 338 First Nat’l Bk. Bldg.
Carlton, L. G., Golden Cycle Bldg.
Gray, William, Mining Exchange Bldg.
Hopkins, 0. D„ Mining Exchange Bldg.
Hughes, E. W. & Co., Mining Ex. Bldg.

Lelpheimer, N., Independence Bldg.
Nicholson, W. F., Mining Ex. Bldg.
Penrose, Spencer, Broadmoor Hotel
Quentin, E. E. & Co., 930 Equitable Bldg., Denver.
Ragle, Horace, Mining Ex. Bldg.

Sachs, Henry, First Nat’l Bk. Bldg.
Young, H. A., Independence Bldg.
Young, R. S., Mining Ex. Bldg.

DENVER STOCK EXCHANGE
Officers: Warren R. Given, President; George C. Carroll, Vice-President; Fred W. Miller, Treasurer; Ralph M. Davis, Secretary

RATES OF COMMISSION
Units of Trading (Board Lots)

SCALE OF COMMISSIONS
Stocks selling under 5c
5% on money
$2.50 per thousand shares
10c
5c and under
*• at
50c
He ‘ share
10c ..
$1.00
$2.50 ‘ hundred shares
50c ..
<•
••
$2.50
$3.00 .
$1.00 ..
$5.00
$5.00
$2.50 ••
..
.. $10.00
$7.50 .
$5.00 ..
••
“
$25.00 $12.50 •
$10.00
••
..
$25.00 .
$25.00 “ over
Minimum commission is as follows: On orders amounting to $60.00 or
less, $1.50; on stocks selling under $10.00 per share, $2.50; on stocks selling
at $10.00 and above, $3.50. No State Tax required on transactions on the
Denver Stock Exchange. Transfer charge added.

.

..

..

..

..
..

The unit of trading (board lots) shall be as follows:
Stocks selling at 1 cent per share or under—5,000 shares.
Stocks selling above 1 cent per share and under 10 cents per share—1,000
shares.
Stocks selling at 10 cents per share and under 50 cents per share—500
shares.
Stocks selling at 50 cents per share and under $3.00 per share—100 shares.
Stocks selling at $3.00 per share and under $10.00 per share—50 shares.
Stocks selling at $10.00 per share and under $25.00 per share—25 shares.
Stocks selling at $25.00 per share and over—10 shares.
Offers to buy or sell shall be taken to mean a board lot unless otherwise
specified. Board lots shall at all times take precedence over special lots.
Offers to buy or sell special lots greater than board lots shall be held to
include board lots for the whole or any portion thereof.

MEMBERS
Carroll & Co., Inc., Guardian Trust Bldg.
Cleek & Co., 1737 Stout St.
Currie, Trevor, 437 U. S. National Bank Bldg.
Foreman & Co., 213 California Bldg.
W. R. Given & Co., Suite 804 Interstate Trust Bldg.

Ralph G. McFann & Co., 431 U. S. Nat’l Bank
Bldg.
Meyer-Martin & Co., Suite 931 U.S.Nat’l Bank Bldg.
Miller & Co., F. W., C. A. Johnson Bldg.
W. F. Ryan, 509 17th St.

Stark-Daniel & Co., Idaho Springs, Colo.
Stem-Stovall Co., 404 Patterson Bldg.
A. F. Woodward, 521 U. S. National Bank Bldg.
R. E. Young & Company, 1706 Stout St.

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


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

STOCK EXCHANGE MEMBERS

1673

DISTRICT OF COLUMBIA

WASHINGTON STOCK EXCHANGE
632 Washington Bldg.

STOCKS
Under 50c a share...................................................................l%c. per share
At 50c a share and above, but under $1................................ 3c.
pershare
At $1 a share and above, but under $5..........................
5c. pershare
At $5 a share and above, but under $10..........................
10c.
pershare
At $10 a share and above, but under $50..............................15c.
pershare
At $50 a share and above, but under $100...................
25c.
pershare
At $100 a share and above, but under $150..........................50c.
pershare
At $150 a share and above, but under $200......................... 75c.
pershare
COMMISSION CHARGES
At $200 a shareand above, but under $300........................$1.00 per share
At
$300
a
share
and
above,
but
under
$500...................
$1.50
per
share
(Effective March 16, 1936)
At $500 a shareand above..____ ___________________ $2.00 per share
Commissions on Rights shall be the same as those fixed for stocks.
BONDS
Fractional shares:
Less than % share...................................................... 26c. each transaction
Government____ ________ ________________________ 12%c. per $100
% share and over............. .............. ...........................50c. each transaction
All other bonds.......... ........................... ..................... ..........25c. per $ 100
Minimum charge of $3.00 on any single transaction (Stocks or Bonds),
except fractional shares.
MEMBERS
Hall, Frank M., Southern Bldg.
Auchincloss, Parker & Redpath, 719 15th St.,
McKnew, Fairfax & Company, Inc.. 719 15th
N. W.
Hall, Peters and Bryson, Southern Bldg., 15th
St., N. W.
Booker, Yelverton E., American Security Bldg.
& H. Sts. N. W.
Nees, Bernard J., Southern Bldg.
Booker, Y. E., & Company, American Security
Harriman & Keech, 815 15th St. N. W.
Nolan, James P., American Security Bldg.
Bldg.
Hendrick, J. Thilman, Hibbs Bldg.
O’Donnell, James, 15th and Eye Sts., N. W.
Brawner Jno. F„ c/o Waggaman, Brawner & Co.,
Hillyer, Edward L., c/o Union Tr. Co., 15th & H
Olds, Jr., Edson B., American Security Bldg.
Inc., 1700 Eye St.. N. W.
Sts., N. W.
Parker, Jr., Chauncey G„ 719 15th St., N. W.
Brown, Goodwyn and Olds, American Security
Hoffman, John M„ 719—15th St., N. W.
Patterson, Harold C., 719 15th St., N. W.
Bldg.
Jacobsen, Charles, 613 15th St., N. W.
Perry, J. Carl, Hibbs Bldg.
Casilear, R. A., Falls Church, Va.
Johnson, O. H. P„ 613 15th St.. N. W.
Quail, Myles H„ American Security Bldg.
Cramer, Geo. F„ 1700 Eye St., N. W.
Johnston, James M., Southern Bldg.
Robinson, T. Baker, 1508 H St., N. W.
Elgin, James C., Hibbs Bldg.
Johnston, Lemon, & Company, Southern Bldg.,
Rodler, P. P„ Hibbs Bldg.
English, Merton A., Washington Bldg.
15th & H Sts., N. W.
Spaid, W. W„ Hibbs Bldg.
Erwin, Henry P„ Hibbs Bldg., 725 15th St. N. W.
Jones, Robert C., Shoreham Bldg., 15th & H Sts.,
Thoron, Benjamin, 2900 N. St., N. W.
Exnicios, Marshall O., Shoreham Bldg.
N. W.
Waggaman, Brawner & Co., Inc., 1700 Eye St.,
Ferris George M„ Washington Bldg., 15th &
Jones & Co., Inc., Robert C., Shoreham Bldg.
N. W.
New York Ave., N. W.
Legg, Jr., John C„ Woodward Bldg.
Wales, Kenneth S„ 815 15th St.
Ferris & Co., Inc., George M„ Washington Bldg.
Lemon, James H., Southern Bldg.
Wales & Company, Inc., K. S„ 815 15th St., N. W.
Flather, H. H„ 725 Hibbs Bldg.
Mackall, Jr., William W., Woodward Bldg.
Watson, George A., 815 15th St., N. W.
Folger, Nolan & Co., Inc., American Security
Westheimer,
Milton F„ Woodward Bldg.
Bldg.
Garrett, George A., 815 15th St., N. W.
Westheimer & Company, Woodward Bldg., 15th
Gockeler, C. J„ 619 14th St., N. W.
MACKUBIN, LEGG & CO., Woodward Bide.
and H Sts., N. W.
Golden, Theodore T.. American Security Bldg.
15th & H Sts., N. W.
Wilkins, John F.t 1700 Massachusetts Ave., N. W
Washington Stock Exchange Officers:
James M. Johnston, Pres.
W. W. Spaid.F. P.
William W. Mackall, Jr., Sec.
George M. Ferris, TV.

HAWAII
HONOLULU STOCK EXCHANGE
Officers: Joe Andrade, President; G. H. Kellerman, Vice-President; Geo. E. Parker, Executive Secretary; Hawaiian Tr. Co., Ltd., Treasurer.
BATES OF COMMISSION
Adopted by
HONOLULU STOCK EXCHANGE
Effective February 1, 1938
On stock bought or sold locally—listed or not listed.
.00-$ .09
Stocks selling at $
$.005 per share
Stocks selling at $ 40.00-$49%............. ......................... $30 per share
.10.49
Stocks selling at
. .010 per share
Stocks selling at 50,00- 59%_________
.35
pershare
.50.99
Stocks selling at
. .015 per share
Stocks selling at 60.00- 69%____
35
pershare
1.00- 1%___
Stocks selling at
. . 02 per share
Stocks selling at 70.00- 79%................
.40
pershare
Stocks selling at
2.00- 2%_.
. . 04 per share
Stocks selling at 80.00- 89%___
.40
pershare
Stocks selling at
3.00- 3%..
. .06 per share
Stocks selling at 90.00- 99%..........................
.40
pershare
4.00- 4%__
Stocks selling at
. . 08 per share
Stocks selling at 100.00 and above...___________ % of 1% per share
5.00- 5%__
Stocks selling at
. . 10 per share
MINIMUM AND SMALL TRANSACTION CHARGE
6.00- 6%__
Stocks selling at
. .12 per share
Stocks selling at
7.00- 7%__
. . 14 per share
When the amount involved in the transaction is less than $5.00 the
Stocks selling at
8.00- 8%__
. .16 per share
commission shall be as mutually agreed. When the amount is $5.00
9.00- 9%._
Stocks selling at
. . 18 per share
or more but less than $10.00, the minimum commission shall be $1.00.
Stocks selling at 10.00- 14%_.
. . 20 per share
When the amount involved is $10.00 or more but less than $50.00, the
Stocks selling at 15.00- 19%..
. . 22 per share
minimum commission shall be $2.00. Otherwise, the minimum com­
Stocks selling at 20.00- 24%__
. . 24 per share
mission on stocks, rites and warrants shall be $3.00 on each individual
Stocks selling at 25.00- 29%..
. .26 per share
transaction.
Stocks selling at 30.00- 39%..
. . 28 per share
Rites and warrants take the same rates as stocks.
MEMBERS
Andrade, Joe, 89 Merchant St.
Hawaiian Trust Co., Ltd., 120 S. King St.
Union Trust Co., Ltd., 1025 Alakea St.
Bishop Trust Co., Ltd., 1415 King St. Bldg.
Love, W. A., P. O. Box 578.
Walker, Samuel A., 828 Fort St.
Campbell, A. J., 79 Merchant St.
Cooke Trust Co., Ltd., 920 Fort St.
Rice, Jr., A. H„ 227 S. King St.
Witter, (Dean) & Co., 115 Merchant St.

ILLINOIS
CHICAGO STOCK EXCHANGE
(120 South LaSalle St.)
Officers: Thaddeus R. Benson, President; Wallace C. Winter, Vice-President; Sidney L. Parry, Assistant to the President; Paul B. Skinner, Treasurer;
Martin E. Nelson, Assistant Secretary and Assistant Treasurer;
Jess Halsted, Secretary;
Charles T. Atkinson, Secretary Emeritus■
Kenneth L. Smith, Assistant Secretary;
Walter R. Hawes, Assistant Secretary and Floor Manaaer
RATES OF COMMISSION
Commissions:
Selling at l per cent or above but under 10 per cent of face value of
Section 1. Commissions shall be charged and paid under all circum­
principal—
stances, upon all purchases or sales of securities dealt in upon the Exchange
Not less than 37%c per $1,000 face value of principal.
(except as provided in Subdivision [h], Section 2 of this Article) and shall
Selling at 10 per cent of face value of principal and above—
be absolutely net and free from all or any rebatement, return, discount or
Not less than 75c per $1,000 face value of principal.
allowance in any shape or manner whatsoever, or by any method or arrange­
(a3) On business for members of the Exchange when a principal la
ment direct or indirect; and no bonus or any percentage or portion of the
not given up, the commission shall be not less than the following:
commission shall be given, paid or allowed, directly or indirectly, or as a
Selling at less than 1 per cent of face value of principal—
salary or portion of a salary, to any clerk or person for business sought or
As may be mutually agreed upon.
procured for any member of the Exchange.
Selling at 1 per cent or above but under 10 per cent of face value of
principal—
Sec. 2. Commissions shall be calculated on the basis hereinafter specified:
Not less than 62%c per $1,000 face value of principal.
(a) On railroad, public utility and industrial bonds, having more than
Selling at 10 per cent of face value of principal and above—
five years to run:
Not less than $1.25 per $1,000 face value of principal.
(al) On business for parties not members of the Exchange, Including
Joint account transactions In which a nonmember is interested; transactions
(b) On securities of the United States, Porto Rico and the Philippine
for partners not members of the Exchange; and for firms of which the
Islands, and of states, territories and municipalities therein, on business
Exchange member or members are special partners only, the commission
for members of the Exchange as well as nonmembers, the restrictions as to
shall be not less than the following:
minimum commissions contained in this article shall not be applicable, but
the rates to be charged shall be such as may be mutually agreed upon.
Selling at less than 1 per cent of face value of principal—
(c) On Stocks:
As may be mutually agreed upon.
Selling at 1 per cent or above but under 10 per cent of face value of
(cl) On business for parties not members of the Exchange, including
principal—
Joint account transactions in which a non-member is interested; transac­
Not less than $1.25 per $1,000 face value of principal.
tions for partners not members of the Exchange; and for firms of which the
Selling at 10 per cent of face value of principal and above—
Exchange member or members are special partners only, the commission
Not less than $2.50 per $1,000 face value of principal.
shall be not less than the following:
(a2) On business for members of the Exchange when a principal
On stocks selling below $10 per share, but not less than $1 per share,
given up, the commission shall be not less than the following:
7%c per share.
Selling at less than 1 per cent of face value of principal—
On stocks selling at $10 per share and above, but under $25 per share,
As may be mutually agreed UDon.
12%c per share.
Farther Information on firms appearing In bold face type will be found In tbe selected list of Investment Dealers following bank list In each city.


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

STOCK EXCHANGE MEMBERS

1674

CHICAGO STOCK EXCHANGE—Continued
BATES OF COMMISSION—Continued
stocks selling below $10.00 per share but no less than $1.00 per share;
On stocks selling at $25 per share and above, but under $50 per share,
Provided, that where any transaction involves less than $15.00, the com­
15c per share.
mission to be charged may be mutually agreed upon, and Provided Further,
On stocks selling at $50 per share and above, but under $75 per share,
that there shall be no minimum commission fixed upon transactions in odd
17 Me per share.
lots executed by members for and on behalf of odd lot dealers who have
On stocks selling at $75 per share and above, but under $100 per share,
been approved as such by the Exchange, but the commissions to be charged
20c per share.
to odd lot dealers upon the execution of transactions in odd lots shall be
On stocks selling at $100 per share and above, but under $200 per share,
calculated in accordance with Section 2 of this Article, without any minimum.
25c per share.
On stocks selling at $200 per share and over, 25c per share for the first
Sec. 4. Members suspended by the Governing Committee shall not,
$200 in price and 5c per share additional for each $50 increase in price, or
during the time of suspension, be entitled to have their business transacted
fraction thereof.
at members’ rates.
The minimum commission on an individual transaction in stock shall be
A member who is in suspension by reason of insolvency, may have his
not less than as provided in subdivision (hi of Section 2, and Section 3 of
business transacted at members’ rates.
this article. The commission rate to non-members on stocks which, pursu­
Sec. 5. No agreement or arrangement shall be entered into between a
ant to call or otherwise, are to be redeemed within twelve months shall, at
member of his firm, and his or their customer, whereby special and unusual
the option of the member, be not less than one-half of the current rate
rates of interest are stipulated for, or money advances upon unusual terms
prescribed for non-members on stocks selling at the same price.
are made a condition in connection with the conducting of an account, with
(c2) On business for members of the Exchange when a principal is given
intent thereby to give special or unusual advantages to such customer for
up, the commission shall be not less than the following:
the purpose of securing his business.
On stocks selling below $10 per share but not less than $1 per share,
ljic per share.
Sec. 6. No payment shall be made to customers of the proceeds from the
On stocks selling at $10 per share and above, but under $125 per share,
sale of securities on the day of the sale and before the money is received by
2Mc per share.
,
the broker, unless interest is charged. When securities purchased for a
On stocks selling at $125 per share and over, 3c per share, except that
customer are not paid for by him on the day they are received and paid
the minimum commission shall be not less than as provided in Section 3
for by the broker, interest must be charged from that date to the date of
of this Article.
payment. Where a material or more than nominal loss is sustained, either
(c3) On business for members of the Exchange when a principal is not
through bank exchange charges or interest, the same must be charged to
given up, the commission shall be not less than the following:
the customer,
On stocks selling below $10 per share but not less than $1 per share,
Sec. 7. Any member violating this Article, directly or indirectly, of
l%c per share.
^ ^
x
. „„„
which the Governing Committee shall be the judge, shall, upon conviction,
Oh stocks selling at $10 per share and above, but under $125 per share,
for the first offense, be fined five hundred dollars, and shall be suspended
3J<c per share.
for a period of not less than three months; and for the second offense shall
On stocks selling at $125 per share and over, 5c per share, provided,
be expelled, and his membership disposed of by the Committee on Admis­
however, that the minimum commissions on individual transactions shall be
sions.
not less than as provided in Section 3 of this Article.
OPTIONAL MINIMUM COMMISSION
(d) In transactions where orders are received from a non-member, where­
Sec. 8. Notwithstanding any of the foregoing provisions, a member may
in the broker filling the order is directed to give up another broker or clearing
at his option charge a non-member for executing orders in securities listed
house, the responsibility of collecting the full commission, as specified in
both on this Exchange and the New York Stock Exchange either the minimum
Subdivisions (al), (b) and (cl), hereof, shall rest with the broker or clearing
commission rates hereinbefore prescribed or the minimum commission rates
prescribed by the New York Stock Exchange.
house settling the transaction.
(e) In transactions where orders are received from a member, on which
COMMISSIONS ON BIGHTS AND STOCK
the clearing firm is given up by said member or by his order, the responsibility
Reference is made to the By-Laws, Article XYI, Section 2, paragraph (h).
of collecting the full commission, as specified in Subdivisions (a3), (b) and
The Committee on Commissions, with the approval of the Governing
(c3), hereof, shall rest with said clearing firm; and it shall be the duty of the
Committee, hereby rules that until further notice the commissions on sub­
broker who executes such orders to report such transactions to the clearing
scription rights accruing on one share of stock and upon stock selling for
firm and render to them and collect his bill therefor at the rate specified in
than $1.00 per share shall be not less than the following:
less
Subdivisions (a2), (b) and (c2), hereof; and also that where a broker executes
Under 50c per right or share of stock:
an order for a member and clears the security himself, he must charge the
May
be mutually agreed upon.
rates specified in Subdivisions (a3), (b) and (c3), hereof.
50c per right or share of stock, but under $1.00:
(f) Whenever a nonmember of this Exchange shall cause to be executed
To
non-members,
not less than 3c; minimum 50c.
in any market outside of the United States any order or orders, for the
To members, give-ups, not less than Me.
purchase or sale of securities listed on this Exchange, (except as provided in
To
members,
clearance,
not less than %e.
Subdivision [h] hereof), and said purchase or sale shall be accepted by a
$1.00 per right and above, but under $5.00:
member or firm who are members of this Exchange, for the account of said
To
non-members,
not
less
than 5c; minimum $1.00.
non-members, the commission as specified in Subdivisions (al), (b) and (cl),
To members, give-ups, not less than Me.
hereof, shall be charged said nonmember in addition to any commission
To
members,
clearance,
not
less than IMe.
charged by the party or parties making the transaction.
$5.00 per right and above, but under $10.00:
(g) When securities are reeeived or delivered on a privilege for a non­
To
non-members,
not
less
than
7Mc; minimum $1.00.
member, the commission as specified in Subdivisions (al), (b) and (cl),
To members, give-ups, not less than lMc.
hereof, must be charged whether said securities are received or delivered
To
members,
clearance,
not
less
than l^c.
upon the day of expiration of said privilege or prior thereto.
$10.00 per right and above:
(h) On Subscription Rights, Stocks selling for less than $1 per share;
The
rates
shall
conform
to
the
rates
on stocks of the same price; provided
Bonds or Notes of Foreign Countries having five years or less to run; Notes
that the minimum on one transaction to non-members shall be $2.00.
of Corporations having five years or less to run; Bonds having five years or
The
above
rates
to
be
effective
as
of
December 30, 1930, and to continue
less to run; such rates to members or non-members as may be mutually
in force until further notice.
agreed upon; provided, however, that the Committee on Commissions, with
Compensation:
The
payment
of
any commission or bonus for the
the approval of the Governing Committee, may hereafter determine special
adjustment of salaries is held a violation of Article XVI, Section 1 of the
rates on any or all of the above mentioned securities.
By-Laws.
Any
plans
for
additional
or
adjusting compensation should be
(i) When a member merely receives and delivers securities for another
submitted to the Committee on Commissions for its approval.
member, the clearing charge for said service may be a matter of mutual
Discretionary
Accounts:
Customers’
men and all other employees are
agreement, and the restrictions as to minimum commissions contained in
prohibited from handling discretionary accounts. Discretionary power in
this Article shall not be applicable. Such clearing charges shall be based
the
handling
of
an
account
may
be
vested
only in partners. A partner
upon a stipulated sum of money for each one hundred shares of stock or one
may delegate such discretionary power to a customers’ man to a reasonable
thousand dollars of bonds received or delivered. The payment for said
extent, provided the consent of the customer in writing is first obtained.
service of a certain sum of money for any period of time, irrespective of
Such delegation of discretionary power by a partner to a customers’ maD
the number of shares or amount of bonds cleared, is forbidden.
does not relieve the partner of responsibility for improper transactions.
Bee. 3. The minimum commission on transactions in stocks for non­
members (except in stocks selling for less than $1.00 per share) shall
CHARGES FOB THE SERVICE OF CLEARING
(a) Where the transaction involves $200.00 or more, be not less than
Reference is made to the By-Laws, Article XVI, Section 2 (i).
An
agreement
between members whereby the charge for the service of
(b^’ Where the transaction involves less than $200.00 but $15.00 or
clearing a member’s transaction in stocks is less than $1.25 per hundred
shares, shall be deemed to be an act not in accordance with just and equi­
more, be not less than $3.00; and
table principles of trade and business, and the offending member shall be
(c) Where the transaction involves less than $15.00, be as may be
subject to such penalty as may be inflicted by the Governing Committee
mutually agreed upon.
. .
, ,
. „ .
as it may deem proper according to the gravity of the offense, as specified
Upon transactions between members, the minimum commission shall be
in Article XII, Section 11, of the Constitution.
$1.00 upon stocks selling at $10.00 and above per share, and 50c upon

Abbott, Proctor & Paine, 208 S. La Salle St.
Aldrich, Frederick C., 120 S. LaSalle St.
Anderson, Robert B., 1335 E. 52nd St.
Andrew, L. A., Jr. & Co., 134 S. La Salle St.
Annan, David H„ 141 W. Jackson Blvd.
Apgar, Daniels & Co., 120 S. LaSalle St.
Archer, W. K. & Co., 926 Baltimore Ave., Kansas
Armour, Laurance H., 33 N. LaSalle St.
Armstrong, Frederick W., 132 W. Monroe St.
Atkins, Hamill & Gates, 204 Electric Bldg.,
Indianapolis, Ind.
, ,
Austrian, Harvey S„ 141 W. Jackson Blvd.
Avery & Co., 120 S. La Salle St.
BABCOCK, BUSHTON & CO., 135 S. LaSalle
St.
BACHE, J. S. & CO., 316 S. LaSalle St.
Bacon & Co., 256 Montgomery St., San Francisco,
Calif.
BACON, WHIPPLE & CO., 135 S. LaSalle St.
Badenoch, David A., 327 S. La Salle St.
Baker, Alfred L. & Co.. Ill S. LaSalle St.
Ballard, Seymour, (Estate of), 120 S. LaSalle St.
Baur, Willis S„ 316 S. LaSalle St., Board of Trade
Bldg.

MEMBERS
Becker. Paul M., 231 S. LaSalle St.
Bennett, James E. & Co., 332 S. LaSalle St.
Benson, George B„ 135 S. LaSalle St.
Benz, George W., 300 Shubert Bldg., St. Paul,
Minn.
Benz, Herbert G., 300 Shubert Bldg., St. Paul,
Minn.
Bidgood. Clyde H., 105 W. Adams St.
Blesch, Joseph G., 1546 Sherwin Ave.
Bloomingston, Jno. A., 160 N. LaSalle St.
Blum, Harry H., 630 S. Michigan Ave.
Blumenthal & Ward, 120 S. LaSalle St.
Bodman, Harold C., Villa Diana Fiesole, Florence,
Italy.
Boorman, Earl D., 120 S. LaSalle St.
Boyce, W. Graham, Jr., Hill & Summit Rds., High­
land Park, Ill.
Bridgen, Clarence J., 209 S. LaSalle St.
Bright, Elmer H., & Co., 84 State St., Boston,
Mass.
Brockhaus, Philip W., 208 S. LaSalle St.
BROWN BROTHERS HARRIMAN & CO.,
135 S. LaSalle St.
Brown, Douglas, E., 231 S. LaSalle St.
Brown. J. Dorsey. 4306 Greenway. Baltimore. Md.
Brown, Joseph P., 120 S. LaSalle St.

Brown, Sherman J., 209 Kresge Bldg., Rich­
mond, Ind.
Bryan, Benj. B„ Jr., 999 Sheridan Road, Lake
Forest. Ill.
Buhler, Walter J., 120 S. LaSalle St.
Burdick, John R., Jr., 208 S LaSalle St.
Burel, Robert L., 7th Floor, Manhattan Bank
Bldg., Memphis, Tenn.
Burmeister, Jno. C., Jr., 231 S. LaSalle St.
Byrne, Edward J., 120 S. LaSalle St.
Cahn, Morton D., 120 S. LaSalle St.
Cardona, Raymond, Great Northern Hotel.
Carter, Ford R., 120 S. LaSalle St.
Cavaney, James A.. 332 S. LaSalle St.
Chambers (Henning) & Co., 431 W. Jefferson St.,
Louisville, Ky.
Chapin, S. B. & Co., 209 S. LaSalle St.
Church, George F., 134 S. LaSalle St.
Clayton, Gilbert M., 332 S. LaSalle St.
Cleary & Co., 120 S. LaSalle St.
Cleland, Karsner, 105 S. LaSalle St.
Clement, Austin A., 231 S. LaSalle St.
Clement. Curtis & Co., 231 8. LaSalle St.
Clucas, E. W.. & Co., 70 Pine St., New York, N. Y.
Coleman, Clarence L„ 25 S. Market St.
Collins, Timothy A.. 231 S. LaSalle St.
Cook, Charles K., 40 Wall St., New York.
Cotton, Earl H., 141 W. Jackson Blvd.

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


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

1675

STOCK EXCHANGE MEMBERS

CHICAGO STOCK EXCHANGE—Continued
MEMBERS—Continued
Coultry, Gilbert H., 120 S. LaSalle St.
Craigie, James, 120 S. LaSalle St.
Creitz, Lee M„ 231 S. LaSalle St.
Curran, Peter A., 105 S. LaSalle St.
Currier, Jefferson D., 208 S. LaSalle St.
Daniels, Roy I., 141 W. Jackson Blvd.
Davis, Maurice, 141 W. Jackson Blvd.
Davis, Paul H. & Co., 10 S. LaSalle St.
Davis, Robert C., Box 618, Ojai, Calif.
Dean, J. Clarke, 120 S. LaSalle St.
deConingh, Peter C., 5480 Cornell Ave.
Ditt, Paul C. & Co.. 120 8. LaSalle St
Doering Otto C„ 333 N. Michigan Ave.
Dominick & Dominick, 115 Broadway, New York,
N. Y.
Doty, Arch C., 105 W. Adams St.
Dougall, Chancellor, 10 S. LaSalle St.
Edgerton, John J„ 61 Broadway, New York.
Edwards, A. G„ & Sons, 409 N. Eighth St., St.
Louis, Mo.
Eiseman, Lester M„ 7010 Paxton Ave.
Eldredge, Charles H., 208 S. La Salle St.
Ernst ft Company, 231 S. LaSalle St.
Fairman, Randall & Co., 208 S. La Salle St.
Faroll Bros., 141 W. Jackson Blvd.
Farwell, Chapman & Co., 208 S. LaSalle St.
Feinberg, Joseph H., 10 S. LaSalle St.
Fenner ft Beane. 141 W. Jackson Blvd.
Forberg, Walter O., 10 S. La Salle St.
Forschner, A. J.. 12150 Parnell Ave.
Francis, Bro., & Co., 222 N. 4th St., St. Louis, Mo.
Frank, A. R. ft Co., 120 8. LaSalle St.
Freeburne, Roy W., 1455 King St., East, Hamilton,
Ont., Canada.
Freehling, Norman, 120 S. LaSalle St.
Friedman, Brokaw & Sainish, 711 St. Charles St.,
St. Louis, Mo.
Frommer & Co., 338 N. Capitol St., Indianapolis,
fnd.
Fuller, Cruttenden ft Co., 120 8. LaSalle 8t.
Furness, Thomas F„ 111 S. LaSalle St.
Uenrig, Frank L. ft Co.. 135 S. LaSalle St.
Giblin, Walter M„ 10 S. La Salle St.
Gibson, Robert H., 235-7 Scott Blvd., Covington,
Ky.
Gifford, Cedric C., 120 S. LaSalle St.
Gifford, Lewis F., R. F. D. 5, Wooster, O.
Glass, Walter. 135 S. LaSalle St.
GLORE, FORGAN * CO., 123 8. LaSalle St.
Godow, Joseph, 110 N. Franklin St.
Goodbody & Co., 115 Broadway, New York, N. Y.
Graham & Co., 141 W. Jackson Blvd.
Graham, Percy, Jr., 400 West Madison St.
Granberry & Co., 50 Broadway, New York, N. Y.
Gray, Luman H., 120 Pipestone St., Benton
Harbor, Mich.
Griffin, John J., 120 S. La Salle St.
Gross, Gilbert, 1700 S. Michigan Ave.
Guild, David D„ 120 S. LaSalle St.
Hachtmann, George E., 10 S. LaSalle St.
Haerther, William W., 22 W. Monroe St.
Halle & Stieglitz, 25 Broad St., New York, N. Y.
BALLGARTKN ft CO., 120 8. LaSalle St.
Hamlin, Edward M.t 75 Federal St., Boston, Mass.
Hansen, Howard S., 2523 Central St., Evanston,
Ill.
Hardenbrook, Burt W., 38 S. Dearborn St.
Harris, Burrows & Hicks, 135 S. La Salle St.
Harris, Upham & Co.. 135 S. La Salle St.
Harrison, Arthur C., 134 S. LaSalle St.
Harrison, O’Gara & Co., 209 S. LaSalle St.
Hastey, Robert P., 4420 Greenwood Ave.
Hemphill, Noyes & Co., 141 W. Jackson Blvd.
Hermes, John P„ 332 S. LaSalle St.
Hill & Co., 2020 Carew Tower. Cincinnati, Ohio
Hilliard, J. J. B. & Son, 419 W. Jefferson St.,
Louisville, Ky.
Hopkins, William L., 650 S. Spring St., Los Angeles,
Calif.
Homblower & Weeks, 39 S. LaSalle St.
Howell, Douglass & Co., Russ Bldg., San Francisco,
Calif.
Hoyt, Frederick T., 160 N. LaSalle St.
Hnlburd, Warren ft Chandler, 208 S. La8alle 8t.
Hummer (Wayne) & Co., 105 W. Adams St.
Hutton, W. E„ ft Co., 1st N. Bk. Bldg., Cincinnati,
Ohio.
Iverson, Chester S., 231 S. LaSalle St.
Jablonski, August I., 120 S. LaSalle St.
Jackson Bros., Boesel & Co., 26 Broadway, New
York, N. Y.
Jackson & Curtis, 231 S. LaSalle St.
Jamieson, Stewart E„ 10 S. LaSalle St.
Jelke (Frazier) & Co., 40 Wall St., New York, N. Y.

Jenks, Gwynne & Co., 65 Broadway, New York,
N. Y.
Jones, Edward D„ & Co., Boatmens Bank Bldg.,
St. Louis, Mo.
Kaplan, Robert, 5801 S. State St.
Karasik, Nathan, 337 E. Illinois St.
Keefe, John G., Route 3, Antioch, Ill.
Kinsman, Charles E., 245 Claremont St., Elmhurst,
Ill.
Kirk, Van G„ 105 S. La Salle St.
Kissilove, J. M„ 10 S. La Salle St.
LAMBORN, HUTCHINGS ft CO., 231 8.
LaSalle St.
Lamson Bros. & Co., 141 W Jackson Blvd.
Lamy, Raymond P., 1226 Elmwood Ave.,
Evansxon, Ill.
Lancton, William F.. 209 S. LaSalle St.
Langill & Co., 134 S. La Salle St.
Layman, Waldo A,, 134 S. LaSalle St.
Lehman Bros., 231 S. LaSalle St.
Lippmann, Albert F., 105 S. LaSalle St.
Lizars (Rawson) & Co., 135 S. LaSalle St.
Logan. Stuart, 2344 Lincoln Park West.
Lowenbach, Harry J., Box 36, Glenview, Ill.
Lowitz, E„ & Co., 29 Broadway, New York, N. Y.
Lyons, W. L., & Co., 231 So. Fifth St., Louisville,
Ky.
Mabon & Co., 1 Wall St., New York, N. Y.
MacFarlane & Holley, 120 S. LaSalle St.
Magner, Joseph F., 6333 Wayne Ave.
Marks, Laser & Co., 231 S. LaSalle St.
Masten, A. E., & Co., First Nat’l Bk. Bldg.,
Pittsburgh, Pa.
Matthews, Walter N„ 11 S. LaSalle St.
McDermott, Francis O., 120 S. LaSalle St.
McDonald, Frank E. & Co., 120 S. LaSalle St.
McMaster, Stewart, St. Anthony Hotel, San
Antonio, Texas.
McMaster, Hutchinson & Co., 105 S. LaSalle St.
Merkle, Frank P., 225 Leicester Rd„ Kenilworth,
Ill.
Meyerhoff, Irving E., 120 S. LaSalle St.
Mills, H. J. & Co., 120 S. LaSalle St.
MITCHELL, HUTCHINS ft CO., 231S. LaSalle
St.
Molloy, Edward P., 135 S. LaSalle St.
Molloy, John J., 135 S. LaSalle St.
Molyneaux, Thomas F., 332 S. LaSalle St.
Montgomery, Scott & Co., 123 So. Broad St.,
Philadelphia. Pa.
Moore, McLean & McDermott, 200 S. LaSalle St.
Morse, William H., 141 W. Jackson Blvd.
MOSELEY, F. S. ft CO., 135 S. LaSalle St.
Myers, Joseph W., 120 S. LaSalle St.
Nance, Clement A., 506 S. Wabash Ave.
Neuhut, Plohn & Co., 60 Broad St., New York,
N. Y.
Newman, Harry E., 209 S. LaSalle St.
Norris, James, 141 W. Jackson Blvd.
Norris & Kenly, 208 S. LaSalle St.
Noyes, David A. & Co., 208 S LaSalle St.
Nussbaum, Bertram, Sherry Hotel.
Nussbaum, Paul E., 1166 East 54th Place.
OLIFHANT, JAS. H. ft CO., 209 S. LaSalle St.
Paine, Webber & Co., 209 S. LaSalle St.
Patton, Joseph R. ft Co., 120 S. LaSalle St.
Paulman, Henry, 135 S. LaSalle St.
Payne, Harry M„ 120 S. LaSalle St.
Peabody, Howard B., 25 N. Franklin St.
Peabody, Stuyvesant, 231 S. La Salle St.
Perrill, (Alger) & Co., 231 S. LaSalle St.
Phillips, Richard W„ 120 S. LaSalle St.
Pierce, E. A. & Co., 105 W. Adams St.
Piper, Jaffray & Hopwood, 115 So. 7th St.,
Minneapolis, Minn.
Plamondon, A. D., Jr., 135 S. LaSalle St.
Pratt, Joseph M., 135 S. La Salle St.
Prince, F. H„ 1 Court St., Boston, Mass.
Purcell, Lawrence N., 209 S. LaSalle St.
Quinn, David H„ 208 S. LaSalle St.
Reid, Robert H., 10 S. LaSalle St.
Reinholdt & Gardner, 400 Locust St., St. Louis,
Mo.
Renshaw, William B„ 231 S. LaSalle St.
Renwick, J. Stewart, 105 East Delaware St.
Reynolds & Company, 120 Broadway, New York,
N. Y.
Reynolds, Maurice V., 22 West Monroe St.
Richardson, Howard C„ Jr., 141 W. Jackson Blvd.

Riter & Co., 134 S. LaSalle St.
Roach, Edward A., 120 S. LaSalle St.
Rodger, Arthur T„ 10 S. LaSalle St.
Roeder, Joseph A., 20 N. Wacker Drive.
Rogers, Frank E., 10 S. LaSalle St.
Roseniield, John M„ 120 S. LaSalle St.
Rothschild & Co., 105 W. Adams St.
Russell, Brewster & Co., 135 S. LaSalle St.
Ryan & McManus, 39 Broadway, New York, N.Y.
Sadler & Co.. 105 8. LaSalle St.
Sawyer, R. B„ 1031 Maple Are., Evanston, Ill.
Schenck, Robert F„ Jr., 10 S. LaSalle St.
Schmaltz, James J., 327 S. LaSalle St.
Schroth, Theodore F., Boatmen’s Bank Bldg.,
St. Louis, Mo.
Schroth, Wilbur H„ 120 S. LaSalle St.
Scobie, David P., 175 W. Jackson Blvd.
Seaverns, George A., Jr., 164 W. Jackson Blvd.
Sharp, Edward L., 231 S. LaSalle St.
Shearson, Hammill ft Co., 208 S. LaSalle St.
Shields & Company, 135 S. LaSalle St.
Shlmmin, Robert P. ft Co., 135 S. LaSalle St.
Shipley, Charles A., 120 LaSalle St.
Siegel, William, 231 S. LaSalle St.
Sigmann, Robert A., 120 S. LaSalle St.
Simon, I. M., & Co., 315 N. 4th St., St. Louis, Mo.
Simons, Alex McD., 141 Jackson Blvd.
Simpson, James Jr., 1 N. La Salle St.
Simpson, William B„ 1300 N. Branch St.
Sincere, Chas., (Est. of) 3500 Lake Shore Drive.
Sincere ft Co., 231 S. LaSalle St.
Slaughter, A. O., & Co., 120 S. LaSalle St.
Smart, R. H. ft Co., 141 W Jackson Blvd.
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.
Snedeker, Chas. V., & Co., 1 Wall St., New York,
N. Y.
Solomon, Frank, P. O. Box 5968, Cleveland, Ohio.
Solomon, Leslie J.. 223 W. Jackson Blvd.
Spicer, Henry S., Pigott Bldg., 36 James St., So.,
Hamilton, Ontario, Canada.
Spinney, Fred, 141 W. Jackson Blvd.
Stannard, Frederick J., 120 S. LaSalle St.
Stearns, David P., 2407 Bennett Ave., Evanston.
Stein Bros. & Boyce, 6 S. Calvert St., Baltimore,
Md.
Stein, Brennan & Co., 9 S. LaSalle St.
Stein, Irving C„ 231 S. LaSalle St.
Sterling, Louis V., 42 Broadway, New York.
Stoddard ft Boyden, 120 S. LaSalle St.
Strick. Charles A., 135 S. LaSalle St.
Stuart, Harold L„ 201 S. LaSalle St.
SUTRO BROS. & CO., 134 S. LaSalle St.
Swift, Henke & Co.. 135 S. LaSalle St.
Talcott, Potter & Co., 141 W. Jackson Blvd.
Teegarden, Frank W., 120 S. LaSalle St.
Templeton’s Sons, J. 8., 141 W. Jackson Blvd
Thompson, Arthur R„ 120 S. LaSalle St.
Thomson ft McKinnon, 316 S. LaSalle 8t.
Thorn, King C„ 2117 Lincolnwood Drive, Evans­
ton, Ill.
Thorson & Stewart, 120 S. LaSalle St.
Turner, Alfred E„ at Winthrop, Mitchell & Co.,
141 W. Jackson Blvd.
Turner, Tracy L„ 232 E. Walton Place.
Underwood, Morgan P„ 231 S. LaSalle St.
Vehmeyer, Henry L., 209 S. LaSalle St.
Vose, Hamilton, Jr., 450 W. Superior St.
Wachenheim, Donald, 105 W. Adams St.
Waldheim, Platt & Co., 308 No. Eight St., St.
Louis, Mo.
Walker, G. H„ & Co., 503 Locust St., St. Louis,
Mo.
Walker, William T., Box 868, Beverly Hills, Calif.
Warner, Addison, & Co., 39 S. LaSalle St.
Watling, Lerchen & Hayes, Buhl Bldg., Detroit,
Mich.
Webster, Marsh & Co., 209 So. La Salle St.
Webster, Virgil C., 120 S. LaSalle St.
Weinress & Co., 231 S. LaSalle St.
Wheeler, John E„ 105 S. LaSalle St.
Wilcox & Co„ 14 Wall St., New York.
Williams, Lucian E., 231 S. LaSalle St.
Wilson, Harold C., 7446 Indiana Ave.
Wilson, Hugh H„ at David A. Noyes ft Co.,
208 S. LaSalle St.
Wilson, Robt. C„ 5128 Hyde Park Blvd.
Winter, Wallace C„ 120 S. LaSalle St.
WINTHROP, MITCHELL ft CO., 141 W.
Jackson Blvd.
Witter (Dean) & Co., 45 Montgomery St., San
Francisco, Calif.
Wood, Edwin T., 120 S. LaSalle St.
Wood, R. Arthur, 231 S. LaSalle St.
Wortman, G. R. & Co., Aurora National Bank
Bldg., Aurora, Ill.
Wright & Sexton, 1 Wall St., New York, N. Y.
Wright, Warren, 33 N. LaSalle St.
Young, Clarke & Company, 215 W. 7th St., Los
Angeles, Calif.
Zeiler, F. M. & Co., 209 S. LaSalle St.

Farther Information on Arms appearing in hold faeo typo will bo found In the selected list of Investment Dealers following bank list In eaeb city.


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

1676

STOCK EXCHANGE MEMBERS

LOUISIANA

NEW ORLEANS STOCK EXCHANGE
Officers: Geo. E. Williams, President;
Larz E. Jones, Vice-President;
George J. Krummel, Secretary;
Emmett Meyer, Assistant Secretary.
BATES OF COMMISSIONS
Established by the New Orleans Stock Exchange.

Robert R. Wolfe, Treasurer;

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 1 year............................. $1.25 per $1,000.00
On all bonds maturing from 1 to 3 yrs.......................... $2.50 per $1,000.00

by the U. S. Government: (c) any class of bonds maturing within six
months.
•By resolution of the Governing Committee it is permissible for members
to charge on these issues the minimum commission prevailing thereon
on the other exchange on which these bonds are listed.
ON ALL STOCKS SELLING:
Under fifty cents--------------------- -------------------------- As mutually agreed
On Exchange, Theatre and Club Stocks selling:
At fifty cents and above, but under $1.00.__Not less than 3 cts. per share
At or below $100.00________________________________ $5.00 per share
At $1.00 and up to $10.00_________________________ 12}4 cts. per share
Between $100.00 and $1,000.00__________________ 5% of market Talus
At $10.00 up to $50.00 per share_____________________ 25 cts. per share
At $1,000.00 and up to $5,000 00, exclusive_______
$50.00 per share
At $50.00 up to $100.00 per share..........................
50 cts. per share
At $5,000 00 and up to $10,000.00, exclusive______________ $100.00 pershare
At $100.00 and over________ ____________ 1% of Market price per share
At $10,000.00 and up to $15,000,00, exclusive_____________ $150.00 pershare
At $15,000.00 and up to $20,000.00_____________________ $200.00 pershare
On stocks selling at $200.00 per share and over, 50 cts. for the first $200.00
in price and 5 cts. per share additional for each $50.00 increase in
Commissions on rental of Exchange stocks shall be $5.00 as a mlnlmnm
price or fraction thereof.
charge.
The minimum commission of $2.00 on any one transaction shall not apply
On rentals for periods less than one year the commission shall be pro-rated1'
on transactions in (a) U. S. Government bonds: (b) any bonds guaranteed
provided no commission less than $5.00 shall be charged.
THE MINIMUM CHARGE ON ANY ONE TRANSACTION SHALL BE $2.00
MEMBERS
Alrey & Richardson, 816 Union St.
Gumbel, Herbert, 610 Maritime Bldg.
Reinach. Solomon, 740 Gravier St.
Airey, T. L., 816 Union St.
Huggins, Allen C., 839 Gravier St.
Schulze, C. H„ 1831 S. Dupre St.
Alcus, S. T„ Jr., 603 Whitney Bldg.
Hyams, C. H., III., 610 Common St.
Stanton, Lewis H., 552 Canal Bank Bldg.
Barriere, E. Percy, 708 Carondelet Bldg.
Jones, Larz A., I. C. R. R. (Union Station).
Steinhardt, Jeffrey, 1528 Canal Bank Bldg.
Beer & Co., 817 Gravier St.
Jones. Larz E„ 319 Hibernia Bank Bldg.
Uhlhorn, C. L„ 636 Whitney Bldg.
Brunlng, H. J„ 1006 Gravier St.
Lamar, Kingston A Labouisse, 1605 Canal Bk.
Villere, St. Denis J., 552 Canal Bank Bldg.
Butler, H. M„ 1303 Canal Bank Bldg.
Bldg.
Villere A Co., St. Denis J., 552 Canal Bk. Bldg.
Clark, Russell, Maritime Bldg.
Lamar, L. V., 1605 Canal Bank Bldg.
Vincent, Hugh E., 301 Vincent Bldg.
Liuzza, Philip J., 214 Carondelet Bldg.
Waters A Alcus, 603 Whitney Bldg,
Marquez, Vernon, 818 Gravier St.
Weil, Walter H. (Arcade), Union Bldg.
DANE * WEIL, Ine., 1528 Canal Bk. Bldg.
McLean, Chas. I., Gulf Bldg., Houston, Tex.
Weil, Walter H., Jr. (Arcade), Union Bldg.
Moore A Hyams, 610 Common St.
Weil & Co., Inc.. (Arcade), Union Bldg.
Dane, Jno., 1528 Canal Bank Bldg.
Moore, Jr., R., 610 Common St.
Wells, Chas. W., 408 Cotton Exchange Bldg.
D’Antoni, B. S., 708 American Bank Bldg.
Mysing, A. W„ 722 St. Louis St.
Wells & Stanton, 408 Cotton Exchange Bldg.
Eustis, Cartwright, 824 Canal St.
Nusloch, Geo. H„ 827 Hibernia Bank Bldg.
Wheeler, Jr., A. B., 724 Common St.
Feibleman, T. J„ 210 Carondelet Bldg.
Nusloch, Baudean A Smith, Inc., 827 Hibernia
Wheeler A Woolfolk. 724 Common St.
Fenner & Beane, 818 Gravier St.
Bank Bldg.
Williams, Geo. E., 817 Gravier St.
Fenner, Chas. E., 818 Gravier St.
Ogden, Fred N„ 403 American Bank Bldg.
Wolfe A Fowler, 717 Carondelet Bldg.
Fowler, H. W„ 214 Balter Bldg.
Pierce A Co., E. A. Maritime Bldg.
Wolfe, Robert R., 717 Carondelet Bldg.
Glenny. E. B„ 736 Whitney Bldg.
Plauche, Jas. J., 724 Common St.
Woolfolk, J. W„ 724 Common St.
Gray A Wilmerding, Gulf Bldg., Houston, Tex.
Poupan, S. J., 823 Perdido St., (Room 202).
Woolfolk, Huggins A Shober & Co., 839 Gravier St.

MARYLAND

BALTIMORE STOCK EXCHANGE
Officers: Chas. W. L. Johnson, President
Henry G. Riggs, Vice-President

(208 E. Redwood St.)
Walter M. Weilepp, Secretary

F. Grainger Marburg. Treasurer
M. L. Rodemeyer, Assistant Secretary-Treasurer
RATES OF COMMISSION
Published December 15, 1936
The minimum commission rate to non-members on any stock traded in
on the Baltimore Stock Exchange and also on any other National Securities
NonMinimum Commissions on Stocks Selling at Prices Below
Exchange
may, at the option of the member, be the Baltimore minimum
Members
commission rate or the minimum commission rate prescribed on such other
National Securities Exchange.
lc
Under 10c a share.................................... ................................
The minimum commission charged on any completed individual trans­
3c
At 10c a share and above, but under $1........................ .—
action in stocks shall be not less than $2.50, except that the commission
charge
on any such transaction involving a total amount of less than $50.00
At $1 a share and above, but under $10................................
- 7Kc
but not less than $15.00 shall not be less than $1.00. When the amount
involved
is less than $15.00 the commission may be mutually agreed upon.
15c
At $10 a share and above, but under $50..............................
Commissions on rights shall be the same as those fixed for stocks.
At $50 a share and above, but under $100...........................
25c
Minimum Commissions on Bonds Selling at Prices Below
Non40c
At $100 a share and above, but under $150..........................
Members
At
10
($100
per
$1,000
par
value)
or
above................................
$2.50
At $150 a share and above, but under $200..........................
50c
Under 10 ($100 per $1,000 par value)____________________ _ $1.25
At less than 1 ($10 per $1,000 par value)__________________ 62}^c
At $200 a share and above................................................... .
■ H%
Except that on bonds having five years or less to run to maturity
of amount
and selling at 96 and above, but not above 110, the rates shall be $1.25
of
transaction
The minimum commission charged on any transaction in bonds shall be
$2.50.
MEMBERS
Robert Garrett & Sons, South and Redwood Sts.
Abell, Walter W., 2nd, 401 Stock Exchange Bldg.
Murphy & Co., G. M-P., Calvert Bldg.
Allen, Edw. D., 209 Keyser Bldg.
Theodore Gould, 405-6 Keyser Bldg.
Nelson, Alex C., 508 Stock Exchange Bldg.
Griswold, Jr., B. Howell, 135 E. Baltimore St.
Edward D. Allen & Co., 209 Keyser Bldg.
Poe, Philip L., 105-106 Stock Exchange Bldg.
Haxall, J. Triplett, c/o C. W. L. Johnson, 508
Poe & Co., Philip L., 105-6 Stock Exchange Bldg.
Stock Exchange Bldg.
Post, George B., Jr., 101-3 Stock Exchange Bldg.
BAKER, WATTS & CO., Calvert and Red­
Howard
&
Co.,
John
D.,
South
and
Redwood
Sts.
Post
& Flagg, 101-3 Stock Exchange Bldg.
wood Sts.
W. E. Hutton & Co., 1st N. Bk. Bldg.
Riggs, Henry G., 32 South St.
Baker, Wm. G„ Jr., Calvert and Redwood Sts.
Iglehart, Joseph A. W., First National Bank Bldg.
Riordan, John J., Jr., 1513 Fidelity Bldg.
Barney, C. D. & Co., Ill Redwood St.
Jenkins, T. Courtenay, 10 South St.
Rogers, C. Holden, 10 South St.
Bell, Vernal W., 135 E. Baltimore St.
Jenkins, Whedbee A Poe, 10 South St.
Rosenburg, Abel A., c/o Mackubin, Legg A
Blnford, Charles T., 10 South St.
Johnson, Chas. W L. 508 Stock Exchange Bldg.
Co., 222 E. Redwood St.
Blocher, Thomas S., 802 Union Trust Bldg.
Jones, Elisha Riggs, First National Bank Bldg.
Schwarz, Howard S., 202 Keyser Bldg.
Block, Simon J„ 201 Keyser Bldg.
Jones, Schaefer & Co., First National Bank Bldg.
8chwarz, Morton & Schwarz, 202 Keyser Bldg.
Block, Simon J., A Son, 201 Keyser Bldg.
Jones, John Marshall, 225 E. Redwood St.
Scott, Geo. M., Stock Exchange Bldg.
Boyce, C. Prevost, 6 S. Calvert St.
Jones & Co., John Marshall, 225 E. Redwood St.
Soper, Harry B., 312 Vickers Bldg.
Alexander Brown & Sons, 135 E. Baltimore St.
Koppelman, Walter, 219 E. Redwood St.
Harry B. Soper, 312 Vickers Bldg.
Brown, J. Dorsey, 404 Stock Exchange Bldg.
Kriegel. Leo, 500 Stock Exchange Bldg.
Stein Bros. & Boyce, 6 S. Calvert St.
Bruton A Co., 1520 Munsey Bldg.
Lanahan & Co., W. W., Calvert Bldg.
Stewart C. Morton, Calvert and Redwood Sts.
Bruton, Leonard Marshall, 1520 Munsey Bldg.
Lanahan, W. Wallace, Calvert Bldg.
Strother, Brogden A Co., Calvert and Redwood 8ta.
Cahn & Co., Frank B., Equitable Bldg.
Legg, John C., Jr., 222 E. Redwood St.
Strother, T. Nelson, Calvert and Redwood Sts.
Carroll, Douglas G., 107-108 Stock Exch. Bldg.
Leimbacb & Co., 7 St. Paul St.
Taylor, Howard R., 107-8 Stock Exchange Bldg.
Carroll & Co., Douglas G., 107-108 Stock Ex­
Leimbach, Walter G., 7 St. Paul St.
Howard R. Taylor & Co., 107-8 Stock Exchange
change Bldg.
Lemoine, Oscar M., South and Redwood Sts.
Bldg.
Cassilly, Thos. A. Jr., Stock Exchange Bldg.
Lockwood, Peck & Co., 708 Keyser Bldg.
Thompson, R. L., 308 Vickers Bldg.
Castles, John W., Ill E. Redwood St.
Mackubin, George, 222 E. Redwood St.
Tilden, Marmaduke, 708 Keyser Bldg.
Cooper, J. C„ 300 Stock Exchange Bldg.
Weilepp, Walter M., 207-8 Keyser Bldg.
Cooper, J. Crossan, 300 Stock Exchange Bldg.
Westheimer A Co., 211 E. Redwood St.
MACKUBIN, LEGG & CO., 222 E. Redwood St.
Daly, Lee E., 23 South St.
Westheimer, Henry F., 211 E. Redwood St.
Daly & Co., Owen, 23 South St.
Marburg, F. Grainger, 502 - 5 Keyser Bldg.
Whedbee, James S., 10 South St.
Davies, H. L., 500 Stock Exchange Bldg.
Marburg. Price & Co., 502-5 Keyser Bldg.
Wheeler, J. Harold, 101-3 Stock Exchange Bldg.
Drewry, Cooper R., Stock Exchange Bldg.
Matthews, T. Stockton, South and Redwood Sts.
Whelan. Jr., Thomas A., 222 E. Redwood St. .
Duer, Henry L., 500 Stock Exchange Bldg.
Mead, W. Carroll, 511-12-13 First National
White A Co., Henry M., 1414 Fidelity Bldg.
Elder, Wm. Voss, Jr., 209 Keyser Bldg.
Bank Bldg.
White, Henry M., 1414 Fidelity Bldg.,
Evans, Henry C„ 6 S. Calvert St.
Mead, Irvine & Co., 511-12-13 First National.
Whiteley, T. Evans, Stock Exchange Bldg.
Fahenstock, Albert, Stock Exchange Bldg.
Bank Bldg.
Whitridge, William, Garrett Bldg.
Fisher,.Frank of J., 10 South St.
Mitchell, Jr., C. Benjamin, 10 South St.
Whitridge A Son, John A., Garrett Bldg.
J. Harmanus Fisher & Sons, 10 South St.
Morgan, Shirley C„ Equitable Bldg.
Wilson, Jr., J. Sawyer, Calvert Bldg.
Further Information on firms appearing In bold faee type will be found In tbe selected list of Investment Dealers following bank list In each elty.


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

STOCK EXCHANGE MEMBERS

1677

MASSACHUSETTS
BOSTON STOCK EXCHANGE
53 State Street
Officers:

William B. Long, Pres.

Stephen Paine, Viee-Pres.

Mark R. Hodges, Tr.

Henry E. Tracy, See

MINIMUM RATES OF COMMISSION
In Effect January 11, 1938
ON BONDS, PER $1000 OF PRINCIPAL
Selling Price
Railroad, public utility and industrial bonds, having more than five years
Per $1000 of Principal
Rate
to run.
$5 and above but under $6...............
Not Less Than 9.0c
Selling Price
$6 and above but under $7.......
Not Less Than 10.0c
Per $1000 of Principal
Rate
$7 and above but under $8____________
..Not Less Than 11.0c
Under 10% of Par............... ..........................................Not Less Than 75c
$8 and above but under $9.......
...Not Less Than 12.0c
10% of Par and above but under 100% of Par_____ Not Less Than $1.25
$9 and above but under $10.____
Not Less Than 13.0c
100% of Par and above________________________ Not Less Than $2.50
(Base Rate;
(Government Bonds are exempt from the regular rate)
$10 and above------------------------------- Not Less Than 13.0c base rate plus
ON STOCK, RIGHTS AND WARRANTS
1.0c for each $10 of the price per share
(Hereinafter referred to as “Stocks”)
Selling Price
* Notwithstanding the foregoing, when the amount involved in a transaction
is less than $1, the commission shall be as mutually agreed; when the amount
,
Share
Rate per Share
involved is $1 or more but less than $50, the minimum commission shall be
of $1-----------------------------------------------------Not Less Than 0.1c
not less than 6% of such amount or $1, whichever is greater; and when the
1/128
Not Less Than 0.15c
amount involved is $50 or more, the minimum commission shall be not less
1/64 of $1 to and including 2/32 of $1___________ Not Less Than 0.5c
than $3.
Over 2/32 of $1 but under 8/32 of $1.........
Not Less Than 1.0c
8/32 of $1 and above but under y of $1__________ Not Less Than 1.5c
On Bonds or Notes of Foreign Countries having five years or less to run;
Y of $1 and above but under $1...........
Not Less Than 3 0c
Notes of Corporations having five years or less to run; Bonds having five
$1 and above but under $2.......................
..Not Less Than 5.0c
years or mss to run; such rates to members or non-members as may be
$2 and above but under $3...........
.Not Less Than 6 0c
mutually agreed upon; provided, however, that the Committee on Com­
$3 and above but under $4...........
Not Less Than 7.0c
missions with the approval of the Governing Committee, may hereafter
$4 and above but under $5.........
Not Less Than 8.0c
determine special rates on any or all of the above mentioned securities.

MEMBERS
Adams, L. Sherman, 10 Post Office Square
Adams, Weston W., & Co., 15 Congress St.
Amsdem, Malcolm F„ 53 State St.

Gilbert, Edward W„ 53 State St., Room 36 B.
Giroux, Archibald R., 53 State St., Room 36B.
Griffith, Norman H., 60 Congress St., Room 411

J. S. BACHE ft CO., 10 Post Office Square.

Hammond, James R., 30 State St.
Hanlon, Gordon B„ & Co., 100 Milk St.
Hayden, Stone & Co., 75 Federal Street.
Hibbs, W. B., & Co., Hibbs Bldg., Washington,
D. C.
Hines, Robertson & Co., 60 Congress Street.
Hodgdon, Howard W„ 84 State St.
Hornblower, Henry, 60 Congress St.
Hornblower & Weeks, 60 Congress St.
Hovey, Chandler, & Co., 82 Devonshire Street,
Room 326.
Hubbard, Richard, 10 Post Office Square.
Hunt, Carleton, 24 Federal St.
Hutchins & Parkinson, 53 State Street.

Baldwin & Co., 30 Federal Street.
Batchelder, Hanrahan & Co., 332 Main St.,
Worcester, Mass.
Besse, Harry W. ft Co., 89 State St.
Blake Bros. ft Company, 111 Devonshire Street.
Bolles, Richard F„ 35 Congress St., Room 1003.
Boyden, Charles, 50 Congress St., Room 628.
Bradley, Edward M., 215 Church St., New Haven*
Conn.
Brannan, Wm. J„ 75 Federal St.
Brickley (Parker, A.) 296 Temple, West Roxbury.
Bright, Elmer H. ft Co., 84 State Street.
Bright, Sears & Co., 53 State Street.
Brown Brothers Harriman & Co., 10 P. O. Square.
Brown, Waldo M., 49 Federal St.
Brown, Walter J., 53 State St., Room 405.
Burr, Gannett & Co., 53 State Street.
Buss, Walter H., 53 State St.
Butterfield, Chas. B., 53 State St., Room 36B.
Cahill, Richard M. F„ 53 State St.
Chapin & Co., S. B., 53 State St.
Clark, Dodge ft Co., 70 Federal Street.
Collins, Breed & Co., Shawmut Bk. Bldg.
Colwell & Co., 209 Washington Street.
Cousens, Foster, & Co., 53 State St.
Crocker, Percy G. ft Co., 35 Congress Street.
Crownlnshield, B. Davis, 75 Federal St.
Dabney, F. L. ft Co., 10 Post Office Sq.
Dabney, Frederick L„ 53 State St., Room 439.
Davis ft Davis, 10 Weybosset St., Providence, R. I.
DAT, R. L. ft CO., 45 Milk Street.

Dean, James, 201 Devonshire St., Room 631.
ESTABROOK & CO., 15 State Street.
Pales, T. C. ft Co., 140 Federal Street.
Fay, S. Prescott, Framingham Centre, Mass.
Fernaid, Lloyd D., 3d Nat’l Bank Bldg., Springfield, Mass.
Foster, Hatherly, Jr., 85 Devonshire St.
Oagen, T. F. ft Co., 53 State Street, Room 36A.

Jackson ft Curtis, 10 Post Office Square.
Jenney, Wm. T„ 84 State St.
Kelly, Michael A., 84 State St.
KIDDER, PEABODT & CO., 115 Devonshire
Street.
Kingsbury, Thayer, Keene, N. H.
Kinsley & Adams, 6 Norwich St., Worcester, Mass.
Kitchlng, E. J. ft Co., 75 Federal Street.
Laldlaw ft Co., 110 Franklin Street
Lee, Frederic M., 53 State St., Room 36A.
Lee, Higginson & Co., 50 Federal Street.
Leland, John D„ 110 Franklin St.
Logan & Bryan, 42 Broadway, New York, N. Y.
Long, Harry V., 10 Post Office Square.
Long & Nash, 10 Post Office Square.
Lord, George F„ 18 Wave St., Lynn, Mass.
Lund, Chas. G„ 110 Franklin St.
Mann & Gould, 35 New Derby St., Salem, Mass.
Monahan, Edward C„ 50 Congress St.
Moors & Cabot, 111 Devonshire Street.
Moran, John J. & Co., 53 State Street, Room 636.
Morgan, J. P„ & Co., 23 Wall St., New York, N. Y.
MOSELEY, F. S. & CO., 50 Congress Street.
Moseley, Frederick S„ 50 Congress St.

Mott, Louis P. & Co., 80 Federal Street, Room 308
Newman, Harding C., 10 Post Office Square.
Paine, Webber & Co., 24 Federal Street.
Peterson, John H., 60 State St.
Pierce & Co., E. A., 24 Federal Street.
Pitcher, Osborne H., 31 State St.
Pitman, Harold A., 53 State St., Room 1032.
Poor, Stearns, 84 State St.
Prince, F. H., & Co., Court and Washington Sts.
Proctor, Cook & Co., 35 Congress Street.
Reed, Jacob, 8 Foster St., Worcester, Mass.
Rich, Geo. A., 53 State St.
Rhoades & Co., 49 Federal St.
Sanford & Kelley, 20 Market St., New Bedford,
Mass.
Schirmer, Atherton & Co., 79 Milk 8treet.
Sears, Winslow, 68 Devonshire St.
Sewall, R. Lentner, 60 State St.
Simmon, David A., & Co., 10 Post Office Square.
Smith, Barney & Co., Ill Devonshire St.
Smith, James P. & Co., 1387 Main St., Springfield,
Mass.
Southgate Ray E., 53 State St.
Stevens, Samuel W„ 45 Milk St.
Thomson & McKinnon, 10 Post Office Square.
Thorndike ft Allen, 53 State Street, Room 310.
Thornquist, Carl J„ 53 State St., Room 36B.
Tifft Brothers, 50 Congress Street.
Tobey, Walter P„ 84*State St.
Todd, Charles Lee, Jr., Ill Devonshire St.
TOWNSEND, ANTHONY & TYSON, 30 State
Street.
Treadwell, James R., 53 State St., Room 203.
Tucker, Anthony ft Co., 74 State Street.
Wainwright, H. C. ft Co., 60 State Street, Room
101.

Walker, C. W. & Co., 10 Post Office Sq.
Webber, Ralph B., 53 State St.
Whitney, Byam ft Co., 53 State Street, Room 633.
Whitney & Elwell, 30 State Street.
Wiggin, Russell B., 53 State St.
Williams, Robert W., 53 State St.
Winsor, Kennard, 115 Devonshire St.
Worden, William M„ 84 State St.
Worthen, Nathaniel T., 68 Devonshire St.
Wrenn Bros. & Co., 30 Federal Street.
Yerxa, John E., 30 State St.

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


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

STOCK EXCHANGE MEMBERS

1678

MICHIGAN
DETROIT STOCK EXCHANGE
(415 Griswold St.)
Officers: Frederick J. Winckler, President; Clark C. Wickey, Assistant to the President; George A. Miller, Vice-President;
Clark J. W. Colby, Secretary; Lawrence C. Angstrom, Treasurer.
COMMISSION RATES
Stocks selling at $75.00 per share and above, but under $100.00, not less
than 20c per share.
Stocks selling at $100.00 per share and above, but under $200.00, not
less than 25c per share.
Stocks selling at $200.00 per share and above, but under $250.00, not
less than 30c per share.
For each additional $50.00 In price, 5c additional.
The minimum commission on all transactions in listed securities shall not
be less than $3.00 to individuals and $2.00 to institutions, except in cases
where the amount Involved is $50.00 or less, the minimum commission may
then be, at the discretion of the member, $2.00 to individuals and $1.00
to institutions.

Stocks selling under 50c per share, 2% of amount inyolred.
Stocks selling at 50c per share and above, but under $1.00, not less than
Sc per share.
8tocks selling at $1.00 per share and above, but under $10.00, not less
than 7Hc per share.
Stocks selling at $10.00 per share and above, but under $25.00, not less
than 12Hc per share.
Stocks selling at $25.00 per share and above, but under $50.00, not less
than 15c per share.
Stocks selling at $50.00 per share and above, but under $75.00, not less
than 17Hc per share.

MEMBERS
Alison & Co., 244 Buhl Bldg.
Angstrom, Lawrence C„ 904 Penobscot Bldg.
Avery & Co., 1502 Penobscot Bldg.
Avery, Clarence F., 60 Broad St., New York, N. Y.
Babbitt, Vogel & Co., 1880 Penobscot Bldg.

Hulburd, Warren & Chandler, 208 S. LaSalle St.,
Chicago, Ill.
Humphries, Angstrom & Co., 904 Penobscot Bldg.

BACHE, J. S. & CO., 735 Griswold St.

Hutton, William E., 600 Griswold St.
Keane & Co., 1866 Penobscot Bldg.
King, Boug, Stodgell & Co., 224 Penobscot Bldg.
Larzelere, Joseph E„ 224 Penobscot Bldg.
Lee & Co., William M„ 613 Ford Bldg.
Lewine, Jerome, Hanover Square, New York,
N. Y.
Livingstone, S. R., 1356 Penobscot Bldg.
Livingstone, S. R. & Co., 1356 Penobscot Bldg.
MacCrone, Edw. E„ 2664 Penobscot Bldg.
Marks, A. L., 314 Ford Bldg.
Marks, Burton, 775 Penobscot Bldg.
McDonald, Claude G., 1000 Buhl Bldg.
McLean, John F., 1806 Penobscot Bldg.
McLean & Co., John F„ 1806 Penobscot Bldg.
Miller, George A., 1444 Buhl Bldg.
Moody, Bollinger & Co., 1904 Penobscot Bldg.
Moss, W. E„ 2416 Union Guardian Bldg.
Moss, W. E. & Co.. 2416 Union Guardian Bldg.
Moye, G. Gordon, 613 Ford Bldg.
Noble, Herbert W„ 306 Dime Bank Bldg.
O’Donnell, R. C., 2166 Penobscot Bldg.
O’Donnell & Co., R. C„ 2166 Penobscot Bldg.
O’Hara, John F., 244 Buhl Bldg.
Olson, Warren T„ 2416 Union Guardian Bldg.
Paine, Webber & Co., 100 Penobscot Bldg.
Parcells, Charles A., 639 Penobscot Bldg.
Parcells, Charles A. & Co., 639 Penobscot Bldg.
Phelan, Jr., James J., 244 Penobscot Bldg.
Pierce & Co., E. A., 300 Buhl Bldg.
Porter, Stuart P.t 1134 Buhl Bldg.

Baker, Simonds & Co., 1134 Buhl Bldg.
Balcom, Yorke R., 1464 Penobscot Bldg.
Beard, Frederick H., 1880 Penobscot Bldg.
Bennett, Smith & Co., 640 Griswold Street.
Bollinger, Paul T„ 1904 Penobscot Bldg.
Brown, Orman E., 1464 Penobscot Bldg.
Butler, James M., 328 Penobscot Bldg.
Butler & Co., J. M„ 328 Penobscot Bldg.
Carpenter, Jos. N„ 67 Broad St., N. Y.
Crouse & Co., 1800 Penobscot Bldg.
Crouse, Charles B., 1800 Penobscot Bldg.
Dominick & Dominick, 314 Ford Bldg.
Els, Valette R„ 244 Penobscot Bldg.
Ellwood, Aaron A., 639 Penobscot Bldg.
Esch, Ingo A., 120 Broadway, New York.
Fenner & Beane, 600 Union Guardian Bldg.
Ferriss, W. Paul, 904 Penobscot Bldg.
Ferrlss, Wagner & Miller, 1444 Buhl Bldg.
Field, McDonald & Co., 1000 Buhl Bldg.
Goodbody & Co., 1 Penobscot Bldg.
Goodbody, John L., 115 Broadway, New York,
N. Y.
Gray, Hugh M., 1866 Penobscot Bldg.
Hague, Samuel, 1446 Penobscot Bldg.
Hastings, Peirce A., 1666 Penobscot Bldg.
Hav, Ivan 0., 1753 Union Guardian Bldg.
Hay, Ivan C. & Co., 1753 Union Guardian Bldg.
Hentz, H. &. Co., Union Guardian Bldg.
Higbie, Jr., N. Bradley, 244 Buhl Bldg.
Hinshaw, Joseph, 344 Buhl Bldg.
Hornblower & Weeks, 244 Penobscot Bldg.

HUTTON, W. E. & CO., 600 Griswold St.

Prentiss, John W., 42 Broadway, New York, N.Y.
Rathbun, C. K., 866 Penobscot Bldg.
Rathbun & Co., 866 Penobscot Bldg.
Reid, Andrew C„ 2232 Union Guardian Bldg.
Reillv, R. W„ 1166 Penobscot Bldg.
Roney, Wm. C. & Co., 2232 Union Guardian Bldg.
Rotsted, Ralph, 1753 Union Guardian Bldg.
Rudel, Arthur, 1800 Penobscot Bldg.
Ryan, Jas. E., 2526 Union Guardian Bldg.
Ryan & Company, Jas. E., 2526 Union Guardian
Bldg.
Schlachman. Max, 1356 Penobscot Bldg.
Schlachman, Sol, 1356 Penobscot Bldg.
Seitz, Harry J., 12 Washington St., Monroe, Mich.
Seitz & Gearhart, 12 Washington St., Monroe,
Mich.
Shader-Winckler Co., 204 Penobscot Bldg.
Simonds, Ralph W., 1134 Buhl Bldg.
Small, Sidney R., 2356 Penobscot Bldg.
Small & Co., Sidney R., 2356 Penobscot Bldg.
Smith, Winthrop H., 105 W. Adams St., Chicago,
Ill.
Soucy, Ernest W„ 161 Devonshire St., Boston,
ggg _

Soucy, Swartswelter & Co., 161 Devonshire St.,
Boston, Mass.
Stanton, Frederick W., 629 Penobscot Bldg.
Stern, Morton F., 42 Broadway, New York, N.Y.
Stewart, A. Clifton, 1812 W. Grand Blvd.
Stout, Gardner D., 115 Broadway, N. Y.
Sutro Bros. & Co., 137 Penobscot Bldg.
Walker, Wm. T„ 1304 Penobscot Bldg.
Watling, Lerchen & Hayes, 344 Buhl Bldg.
Wedthoff & Co., Guy G., 2956 Penobscot Bldg.
White, Paul G., 904 Penobscot Bldg.
Whitlock, Smith & Co., 1446 Penobscot Bldg.
Winckler, F. J., 204 Penobscot Bldg.
Withrow, Atkinson W., 208 S. LaSalle St., Chicago,
Ill.
Wood, Warren A., 244 Buhl Bldg.
Wright, John C., 2066 Penobscot Bldg.
Wright, Martin & Co., 2066 Penobscot Bldg.

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

D. H. Brown, First Vice-President:

H. R. Selover, Second Vice-President;

R. M. Rice, Secretary and Treasurer.

COMMISSION RATES
Effective April 12, 1937
NON-MEMBERS
Stocks selling under 50 cts. per share........ .............................. 2 cts.
pershare
From 50 cts. to $1.00.........
3 cts.
pershare
$1.00 to $10.00...........................
...7H cts.
pershare
$10.00 to $25.00.............. ,..................................................12H cts. per share
$25 00 to $50.00.....................................................-......... ........15 cts. per share
$50.00 to $75.00........
17H cts.
pershare
$75.00 to $100.00.______
20 cts.
pershare
$100.00 to $200.00.....................
25 cts.
pershare
At $200.00 and up rate increased $5.00 per 100 each 50 points.
Minimum $3.00 if gross amount >s $100 or under $200. $5 if $200 and over.
Transactions amounting to less than $100.00—commission at discretion of
members.
Rights—same as stocks.
$2.50
Bonds per $1,000.00 and less.

MEMBER TO MEMBER—Give-up Rates.
Stocks selling under 50c per share_________________________He per share
50c to $ 1.00...................................................... ................... per share
$ 1.00 to
10.00...................................................................
2c per share
10.00 to 100.00.,................................
3c per share
100.00 to 150.00....................................
4c per share
150.00 and over...____________________________________________5c pershare
Minimum 50c for stocks selling under $10.00 per share.
Minimum $1.00 for stocks selling at $10.00 and over per share unless gross
amount is under $100—Minimum then 50 cts.
Rights—Same as Stocks.
Bonds per $1,000.00 or any part................................................Minimum 50c.
Names not given up on any stocks, bonds, etc., minimum—double the
give-up rate.

MEMBERS
ALLISON WILLIAMS CO., 1245 Northwest
Bank Bldg., Minneapolis.
Bigelow-Webb & Co., 1st Nat’l-Soo Line Bldg.
Minneapolis.
Greenman &Cook, Inc., 1408 E. 1st Natl. Bk.Bldg.,
St. Paul.
Harris-Upham & Co., 11 Wall St., New York,
N. Y.
Kalman & Company, 144 Endicott Bldg., St. Paul.
Lewis & Co.. 601 Second Ave. Minneapolis.
Mahoney & Co., C.D., 504 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, JAFFRAY & HOPWOOD, 115 S. 7th
St., Minneapolis.
Rice, Robert M„ 630 Marquette Ave., Minne­
apolis.
Selover, H. R., & Co., 500 Roanoke Bldg., Minne­
apolis.

Smith & Co., Wharton C„ 106 E. 4th St., St. Paul.
A. O. Slaughter & Co., 14 Wall St., N. Y.
Thrall West Co., 110 Northwest National Bank
Bldg., Minneapolis.
Wells-Dickey Company, Metropolitan Bank Bldg.,
Minneapolis.
Wood, Harold E„ & Co., W. 2662 1st Nat’l Bk.
Bldg., St. Paul.
WOODARD-ELWOOD &
Tower, Minneapolis.

CO.,

840

Rand

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


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

STOCK EXCHANGE MEMBERS

1679

MISSOURI
ST. LOUIS STOCK EXCHANGE
Officers: B. F.Jacobs, President;

J. Gates Williams, Vice-President;
W. M. Louderman, Secretary and Treasurer;
Chas. A.Huebner, Assistant Secretary.
BATES OF COMMISSION
Stocks selling at $25.00 per share and less than $100.00 per share, $0.25
STOCKS
per share.
Stocks selling at $1.00 per share or less, $2.00 per 100 shares.
Stocks selling at $100.00 per share and less than $300.00 per share,
$0.50 per share.
Stocks selling at $1.12^ per share and less than $3.00 per share, $3.00
per 100 shares.
Stocks selling at $300.00 per share and less than $500.00 per share,
$0.75 per share.
Stocks selling at $3.00 per share and less than $5.00 per share, $5.00
Stocks selling at $500.00 per share and over, $1.00 per share.
per 100 shares.
Stocks selling at $5.00<per share and less than $10.00 per share, $7.50
BONDS
per 100 shares.
On bonds, $2.50 per $1,000 par value.
U. S. Bonds, $0,623^ per $1,000 par value.
Stocks selling at $10.00 per share and less than $25.00 per share. $9.12^
per share.
The minimum commission to be charged shall be $1.00.
MEMBERS
Aid, John A., 400 Olive Street.
Francis, T. T., Francis Bro. & Co., 222 N. 4th St.
P. L. Papin & Co., Merchants-Laclede Bldg.
Friedman, Brokaw & Samish, 711 St. Charles St.
Barklage, Louis, 317 N ,4th Street.
Platt, Edw. G„ 306 N. 8th Street.
Friedman, W. Stix, 711 St. Charles Street.
Bauer, A. H., 312 N. 4th Street.
Preiss, Jos. H., Security Bldg.
Fusz, Firmin D., Boatmens Bank Bldg.
Bauer Bros Brokerage Co., 312 North 4th Street.
Preiss, Wibbing & Co., Security Bldg.
Fusz, Schmelzle & Co., Boatmen’s Bank Bldg.
Reinholdt, J. W., Jr., Security Bldg.
Bennett, Jas. E., 705 Olive Street.
Gatch Bros., Jordan & McKinney, 418 Olive St.
Bennett, Jas. E. & Co., 705 Olive Street.
REINHOLDT & GARDNER, Security Building
Berger-Cohn & Co., Landreth Bldg.
Gatch, Nelson B., 418 Olive Street
H. L. Ruppert & Co., 400 Pine Street.
Bramman, Carl T., 314 N. Broadway.
Gessler, G. E„ Merchants-Laclede Bldg.
Scudder, Chas., 300 N. 4th Street.
Bramman-Schmidt-Busch, 314 N. Broadway.
Gessler, E. A. & Son, Merchants-Laclede Bldg.
Seddon, Bruce, Landreth Bldg.
Bixby, W. H. Broadway and Locust.
Giger, Harold H., 211 N. 4th Street.
Seddon, Morfit & Harvey, Landreth Bldg.
Brocksmith, H. L., 400 Pine Street
Giger & Co., 211 N. 4th St.
Semple, Jacobs & Co., Rialto Building.
Brown. Paul & Company, Paul Brown Bldg.
Haeussler, W. C., Paul Brown Bldg.
Simon, F. M. 315 N. 4th Street.
Burg, Wm. H„ La Salle Bldg.
Haverstick, E. E., & Co., 346 N. Boyle Avenue.
SIMON, I. M. & COMPANY, 31$ North 4th Bt.
Cohn, Henry I., Landreth Bldg.
E. E. Haverstick, Jr., 346 N. Boyle Ave.
Smith, Moore & Co., LaSalle Bldg.
Cook, Henry M , 400 Olive Street.
Hayward, John., 403 Olive Street.
Stickney, W. A., 409 N. 8th Street.
Costigan, E. J„ 300 N. 4th Street.
Hill Brothers, Security Bldg.
Stifel, A. G., Boatmen’s Bank Bldg.
Crago, Hitchcock & Co., Security Bldg.
Jacobs, B. F., Rialto Bldg.
Crago, John H., Security Bldg.
Jones, Edward D., Boatmen’s Bank Bldg.
STIFRL, NICOLAUS & CO., Boatmen's Bank
Daly, L. L., 9th and Locust.
Jones, Whipple Van Ness, Security Bldg.
Bldg.
Daly & Craib. 9th and Locust.
Jones. Edw. D. & Co., Boatmen s Bank Bldg.
Stix & Company, LaSalle Bldg.
D’Oench, William, Franklin-American Trust Bldg.
Knight & Co., H. H., 403 Olive St.
Taussig, Day & Co., Boatmen’s Bank Bldg.
D’Oench, Duhme & Co.. Franklin-Am.Tr.Bldg.
Little & Hays Inv. Co., LaSalle Bldg.
Taussig, G. J., Boatmen’s Bank Bldg.
Donnell, F. C., La Salle Bldg.
Louderman, Wm. M., Bank of Commerce Bldg.
Wade, Festus J„ Columbia Bldg.
Meyer, J. P.t Chemical Building.
Waldemer, Edwin R„ LaSalle Bldg.
EDWARDS, A. G. & SONS, 409 North 8th St.
WALDHEIM, PLATT & CO., 306 N. 8th St.
Edwards, A. N., 409 N. 8th Street.
NEWHARD, COOK & CO., 401) Olive St.
Edwards, P. W. 409 N. 8th Street.
WALKER, G. H. & CO., Broadway & Locust
Otto, Edw. F., No. 6 Sunset Court, Normandy,
FRANCIS BRO. & CO., 222 N. 4th St.
Missouri.
,
Whitaker & Company, 300 North 4th Street.
Papin, Pierre L., Merchants-Laclede Bldg.
Francis, D. R„ Jr., 222 N. 4th Street.

NEW YORK
NEW YORK STOCK EXCHANGE
Officers: Charles R. Gay, President-,
Walter L. Johnson, Vice-President;
Dean K. Worcester, Executive Vice-President; Benjamin H. Brinton, Treasurer
Robert W. Keelips, Assistant Treasurer; Robert L. Fisher, Secretary;
J. M. B. Hoxsey, Executive Assistant to the Committee on Stock List;
John Dassau, Comptroller.
COMMISSION RATES (Effective January 3, 1938)
$10 per share and above...................................Not less than the 14.0c base
Rates to Non-members, etc.
rate plus 1.0c for each $10 of
On business for non-members, partners not members of the Exchange, and
the price per share
governing members, including joint account transactions in which any such
Notwithstanding the fore­
person is interested, the commission shall be not less than the rates given
going, when the amount in­
below:
volved in a transaction is less
ON STOCKS, RIGHTS AND WARRANTS
than $1, the commission shall
(hereinafter referred to as “stocks”)
be as mutually agreed; when
Except as to Ten-share Unit Stocks and Called Stocks:
the amount involved is $1 or
more
but less than $50. the
1/256 of $1 per share..............
Not less than 0.1c per share
minimum commission shall
1/128 of $1 per share___________
Not less than 0.15c per share
be
not
less than 6% of such
1/64 of $1 per share and above but under
amount or $1, whichever is
2/32 of $1___________________________ Not less than 0.5c per share
greater;
and when the amount
2/32 of $1 per share_____________________ Not less than 0.5c per share
involved is $50 or more, the
Over 2/32 of $1 per share but under 8/32
minimum
commission shall
of $1....... ........... -______ ______________ Not less than 1.0c per share
be not less than $3.
8/32 of $1 per share and above but under
^of$l_____________________________ Not less than 1.5c per share
ON CALLED STOCKS
H of $1 per share and above but under $1__ Not less than 3.0c. per share
Sec. 2, Par. (e): Notwithstanding the rates prescribed elsewhere in this
$1 per share and above but under $2............_Not less than 5.0c per share
Section 2, the commission rates to members and non-members upon stocks
$2 per share and above but under $3_______Not less than 6.0c per share
which, pursuant to call or otherwise, are to be redeemed within twelve
$3 per share and above but under $4....
Not less than 7.0c per share
months shall be such rates as may be mutually agreed upon provided, how­
$4 per share and above but under $5______ Not less than 8.0c per share
ever, that such rates shall apply to transactions in any specific stock only
$5 per share and above but under $6______ Not less than 9.0c per share
after the Committee on Quotations and Commissions has made announce­
$6 per share and above but under $7_______Not less than 10.0c per share
ment to that effect, and provided, further, that the Committee on Quota­
$7 per share and above but under $8....
Not less than 11.0c per share
tions and Commissions may determine special rates on any or all such
$8 per share and above but under $9_______Not less than 12.0c per share
securities, reporting the same to the Governing Committee. (The Com­
$9 per share and above but under $10_____ Not less than 13.0c per share
mittee on Quotations and Commissions has not determined any special rates
(Base Rate)_________________ _____ __ Not less than the 13.0c base
on such stocks.)
$10 per share and above______ „__________ rate plus 1.0c for each $10 of
ON BONDS: per $1,000 of principal
the price per share
(except as stated below)
Notwithstanding the fore­
Under $10______________ _________ _____ Not less than 75c
going, when the amount in­
$10 and above but under $100____________Not less than $1.25
volved in a transaction is less
$100 and above________________________ Not less than $2.50
than $1, the commission shall
Sec. 3, Par. (d): Notwithstanding the foregoing, the commission rates to
be as mutually agreed; when
members or non-members upon obligations of the United States, Puerto
the amount involved is $1 or
Rico, Philippine Islands and States, Territories and Municipalities therein;
more but less than $50, the
upon bonds or notes having five years or less to run; and upon bonds or
minimum commission shall
notes which, pursuant to call or otherwise, are to be redeemed within twelve
be not less than 6% of such
months, shall be such rates as may be mutually agreed upon; provided,
amount or $1, whichever is
however, that the Committee on Quotations and Commissions may deter­
greater; and when the amount
mine special rates on any or all such securities, reporting the same to the
involved is $50 or more, the
Governing Committee. Under this authority the Committee has ruled that
minimum commission shall
commissions shall be not less than the rates given below:
be not less than $3.
ON BONDS OR NOTES HAVING FIVE YEARS OR
ON TEN-SHARE-UNIT STOCKS, RIGHTS AND WARRANTS
LESS TO RUN, AND BONDS AND NOTES
(hereinafter referred to as “stocks”)
WHICH, PURSUANT TO CALL OR OTHERWISE,
ARE TO BE REDEEMED WITHIN TWELVE
As designated by the Committee of Arrangements—except as to
MONTHS
(Per $1,000 of principal):
Called Stocks:
Under $1 per share_________________ ____ Same as 100-share-unit stocks
Under $10________________ _____ ______ ________ Not less than 75c
$1 per share and above but under $2____________Not less than 6.0c pershare
$10 and above but under $100____________________Not less than $1.25
$2 per share and above but under $3____________Not less than 7.0c pershare
$100 and above but under 96% or over 110% of the
$3 per share and above but under $4____________Not less than 8.0c pershare
redemption price______________________________Not less than $2.50
$4 per share and above but under $5____________Not less than 9.0c pershare
Not less than 96% or more than 110% of the redemp­
$5 per share and above but under $6___________ Not less than 10.0c pershare
tion price:
$6 per share and above but under $7___________ Not less than 11.0c pershare
Six months or more_____________ ____ ___________Not less than $1.25
$7 per share and above but under $8___________ Not less than 12.0c pershare
Less than six months____________________ May be mutually agreed upon
$8 per share and above but under $9___________ Not less than 13.0c pershare
ON OBLIGATIONS OF THE UNITED STATES, Puerto Rico, Philip­
$9 per share and above but under $10
pine Islands and States, Territories and Municipalities therein
(Base Rate)___ _________ _____________Not less than 14.0c per share
_____________________________ _____ May be mutually agreed upon
Farther Information on Arms appearing in bold lace type will be found in the selected list of Investment Dealers following bank list In each city.


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

1680

STOCK EXCHANGE MEMBERS
NEW YORK STOCK EXCHANGE
MEMBERS

Abbott, Proctor & Paine, 120 Broadway
Abraham & Co., 120 Broadway
Acosta, J. A. & Co., 60 Beaver St.
Adams, Merrill & Co., 36 Pearl St., Hartford, Conn.
Adler, Coleman & Co., 16 Broad St.
Adrian, Jos. M., 42 Broadway
Ahern, John J., 61 Broadway.
Alter, Carroll B., 61 Broadway.
Andersen, Oswald, 115 Broadway.
Anderson & Co., 120 Broadway
Anderson, Henry A., 47 Broad St.
Andrews, Posner & Rothschild, 25 Broadway
Anness, Edw. C„ 1 Wall St.
Appenzellar, Allen & Hill, 120 Broadway
Apy, Chester, 47 Broad St.
Aronson, Bernard & Co., 30 Broad St.
Arrowsmith & Co., 120 Broadway.
Ash A Co., Mervin, 1 Wall St.
Asher, Harry W„ Jr., 60 Beaver St.
ASIRL A CO., 11 Wall St.

Astor & Ross, 39 Broadway.
Atkins, Hamill & Gates, 204 Electric Bldg.,
Indianapolis, Ind.
Atterbury, Robert R., 44 Wall St.
Auchincloss & Mills, 80 Broad St.
Auchincloss, Parker & Redpath, 719 15th St.,
Washington, D. C.
Auerbach, Poliak & Richardson, 30 Pine St.
Baar. Cohen & Company. 120 Broadway
BABCOCK, EUSHTON & CO., £0 Broadway

Bach, Frederick F., 29 Broadway

BACHE A CO., J. S., 42 Broadway

Bacon, Stevenson & Co., 39 Broadway.
Bade, William H„ 40 Wall St.
Baker, Alfred L. & Co., Ill So. La Salle St.,
Chicago, Ill.
Baker, J. E. & Co., 14 Wall St.
Baker, Watts & Co., Calvert & Redwood Sts.,
Baltimore, Md.
Baker, Weeks & Harden, 52 Wall St.
Ballard & Co., 43 Pearl St., Hartford, Conn.
Bamberger, L. Richard, 1 Wall St.
Bamberger, Max, 15 Broad St.
Barbee, Harry, 40 Wall St.
Barclay, Moore & Co., Fidelity-Phila. Trust Bldg.,
Philadelphia, Pa.
Barnwell, Arthur & Co., 100 Broadway
Baroni, William J., 50 Broadway.
Barrett & Company, 40 Exchange Place
Barth, J. & Co., 482 California St., San Francisco,
Calif.
Bartholomae, H. J., 47 Broad St.
Bartlett, Ben], D. & Co., 313 Vine St., Cincinnati,
Ohio.
Baruch, Sailing W„ 60 Beaver St.
Bean, Chas. H. & Co., 1528 Walnut St., Phila­
delphia, Pa.
Bear, Stearns & Company, 1 Wall St.
Beardsley, Sterling S., 67 Broad St.
Beauchamp, Thomas J., 40 Wall St.
Becker, Sherburn M* Jr., 1 Wall St.
Beckman, Wm. B. & Co., 20 Broad St.
Beer & Company, 30 Broad St.
Belden & Co., 61 Broadway.
Bell & Beckwith, 40 Wall St.
Bendix, Luitweiler & Co., 52 Wall St.
Benedict, E. C. & Co., 61 Broadway
Benjamin & Ferguson, 61 Broadway
Benjamin, Hill & Company, 39 Broadway
Bennet, Leslie L. & Company, 60 Broadway.
Bennett, James E. & Co., 50 Broadway
Bennett & Palmer, 165 Broadway
Bennett, Smith & Co., 640 Griswold St., Detroit,
Mich.
Berdell Bros., 1 Wall St.
Berg, Eyre & Kerr, 50 Broadway
Berliner & Co., 25 Broad St.
Bernard, Winkler & Co., 25 Broad St.
Bernheimer, Edwin E., 1 Wall St.
Biddison & Co., N. D., 39 Broadway
Biddle, Whelen & Co., 1606 Walnut St., Phila­
delphia, Pa.
Biggs, Mohrman & Co., 61 Broadway.
Billings, Olcott & Companv, 52 Broadway
Bilofsky, Maxwell M., 40 Wall St.
Bioren & Co., 1508 Walnut St., Philadelphia, Pa.
Bird, W. Gillette, 11 Broadway.
Bishop, Allen Reynolds, 1 Wall St.
Bissinger & Co., 225 Montgomery St., San Fran­
cisco, Calif.
Blake Brothers & Co., 40 Wall St.
Blauner, Simons & Co., 39 Broadway
Blinn, Prosper J., 42 Broadway.
Bliss, Julius, 24 Broad St.
Bloch, Elmer M., 120 Broadway.
Block, Myron H., 39 Broadwav.
Blumenthai, A. Pain., 1 Wall St.
Blumenthal Bros., 39 Broadway.
Blumenthai, Simon B., 50 Broadway.
Blun, George E., 165 Broadway.
Blyth, Bonner & Kimbley, 52 Wall St.
Bodell & Co., 32 Custom House St., Providence,
R. I.
Bogert & Co., Beverley, 120 Broadway.
Bonbright, George D. B. & Co., 100 Powers Bldg.,
Rochester, N. Y.
Bonner & Gregory, 14 Wall St.
Boody, McLellan & Co., Ill Broadway
Bosten, Paul R„ 47 Broad St.
Bouvier, Bishop & Co., 52 Broadway.
Bradford, J. C. & Co., Nashville Trust Bldg.,
Nashville, Tenn.
Bradshaw, Sydney P., 61 Wall St.
Bramley St Smith, 52 Broadway
Branch, Cabell & Co., 814 E. Main St., Richmond,
Va.
Brand, Grumet & Co., 120 Broadway

Brand, Michael J., Jr., 47 Broad St.
Brandenburg & Co., Ill Broadway
Braumuller, Charles, 47 Broad St.
Bregman, Abner, 1 Wall St.
Breinlng & Co., 17 Battery Place
Bright, Elmer H. & Co., 84 State St., Boston,
I^lclSS
Bright, Sears & Co., 53 State St., Boston, Mass.
Brinton & Co., 61 Broadway
Britt, Richard J., 25 Broadway.
Brody, L. J. Stephen, 109 Killdeer Rd., Hamden,
Conn.
Brooks & Co., J. H., 120 Broadway.
Brown, Alex. & Sons, 135 East Baltimore St.,
Baltimore, Md.
BROWN BROTHERS, HARRIMAN & CO.,
59 Wall St.

Brown, Geo. Estabrook, 49 Broad St.
Brown, James M. Jr., 47 Broad St.
Brown, Paul & Co., Paul Brown Bldg., St. Louis,
Mo.
Brown, Vernon H., 61 Broadway.
Brown & Co., Vernon C., 71 Broadway.
Brown & Gruner, 120 Wall St.
Brumley & Anderson, 120 Broadway
Bruns, Edwin G., 11 Wall St.
Bruns, Edwin G. Jr., 11 Wall St.
Bryan, Penington & Colket, 48 Wall St.
Buckley, John F., 47 Broad St.
BULL & ELDREDGE, 30 Pine St.

Burbank, Bertrand L., 50 Broadway

BURNET (W. E.) & CO., tl Wall St,

Burnham & Company, 61 Broadway.
Burnside, I. FI. & Co., 80 Broad St.
Burr, Gannett & Co., 53 State St., Boston, Mass.
Burton. Cluett & Dana, 120 Broadway
Bushnell, Henry Thompson, 1 Wall St.
Butcher & Sherrerd, Real Estate Tr. Bldg.,
Philadelphia, Pa.
Butler, Herrick & Marshall, 30 Broad St.
Butler, Wick & Co., Union National Bldg.,
Youngstown, Ohio.
Buttenwieser, Clarence, 25 Broad St.
Byck & Broads, 39 Broadway
Byram, Hobart R., 42 Broadway.
Byrne, James F., 30 Broad St.
Bywater & Leary, 14 Wall St.
Cahill & Bloch, 39 Broadway.
Cahill, Robert L., 39 Broadway.
Cahn, Frank B. & Co., Equitable Bldg., Baltimore,
Md.
Cahn, Joel G., 120 Broadway.
Callaway, Fish & Co., 15 Broad St.
Campbell & Co., H. G., 52 Broadway
Campbell, Oliver S., 11 Broadway.
Carey, Denis J., 42 Broadway.
Carey, (H. T.) Joost & Patrick, 50 Broadway
Carhart, H. Whitfield, Jr., 50 Broadway
Carlebach, Herbert L„ 60 Broad St.
Carlebach, Walter M., 60 Broad St.
Carleton, Alexander, 14 Wall St.
Carlisle, Jay F Jr., 50 Broadway.
Carlisle, Melllck & Co., 50 Broadway
Carmichael & Carson, 52 Wall St.
Carreau & Co., 63 Wall St.
Ca^rstairs &Co., 1610-12 Walnut St., Philadelphia,
Carstens, Geo., 42 Broadway
Carter & Co., 48 Wall St.
Caspary, A. H. & Co., 60 Broadway.
Cassatt & Co., 40 Wall St.
Cassel, H. & Co., 61 Broadway
Cavalier, Wm. & Co., 121 Sutter St., San Fran­
cisco, Calif.
Ceballos & Geer, 42 Broadway.
Chambers, Henning & Co., 431 W. Jefferson St.,
Louisville, Ky.
Chapin, S. B. & Co., Ill Broadway
Chaplin & Co., 52 Broadway
Chauncey & Co., 61 Broadway
Chisholm & Chapman, 52 Broadway
Clapp, Howard F.. 50 Broadway.
Clark, Charles & Co., 120 Broadway.
Clark, Dodge & Co., 61 Wall St.
Clark, E. W. & Co., Locust & 16th Sts., Phila­
delphia, Pa.
Clement, Curtis & Co., 231 So. La Salle St.,
Chicago, Ill.
Clews & Co., Henry, 7-9-11 Broadway.
Cloud, John K., 120 Broadway.
Clucas & Company, E. W., 70 Pine St.
Coddington, Dave H., 50 Broadway.
Coggeshall & Hicks, 111 Broadway
Cohen, Edward L„ 52 Wall St.
Cohen, Edward L. & Co., 52 Wall St.
Cohen, Simonson & Co., 30 Broad St.
Cohen, Wachsman & Wassail, 70 Pine Street
Cohfi Brothers, 24 Broad St.
Coleman, Eliot W., 42 Broadway.
Coleman, Townsend P., 42 Broadway.
Colgate, Jas. B. & Co., 44 Wall St.
Collin, Norton & Co., Gardner Bldg., Toledo,
Ohio.
Collins, David M., Bowood, West Orange, N. J.
Collins, John T., 50 Broadway.
Combs, Wm. H. & Co., 61 Broadway.
Cone, Henry H. Jr., 50 Broadway.
Connelly & Co., F. J., 15 Broad St.
Conried & Co., 25 Broadway.
Content & Co., H., Ill Broadway.
Conway (Norton) & Co., 52 Wall St.
Cook, Charles K., 40 Wall St.
Cooke, James F., 42 Broadway.
Cooley & Co., 100 Pearl St., Hartford, Conn.
Cooney, Russell S., 120 Broadway
Corlies & Booker, 50 Broadway.
Corroon, George A., 15 Broadway

Coster, Gerard H„ 1 Wall St.
Coalon & Co., E. J., 50 Broadway.
Courts & Co., 11 Marietta St., Atlanta, Ga.
Coward, Raymond A., 40 Wall St.
Co wen & Co., 54 Pine St.
Cox, E. Van Dyke, Jr., 42 Broadway.
Craigmyle & Co., 1 W’all St.
Crandell, Walter S„ 25 Broad St.
Crane, McMahon & Co., 209 So. La Salle St.,
Chicago, Ill.
Creem, John J. Jr., 61 Broadway.
Cullman Brothers, 161 Front St.
Cunningham, Cyril E„ 42 Broadway.
Curtiss, House & Company, Union Trust Bldg.,
Cleveland, Ohio.
Dabney, F. L. & Co., 10 Post Office Square,
Boston, Mass.
Dale, Chester, 115 Broadway.
Daly & Craib, Locust & Ninth Sts., St. Louis, Mo.
Daning, M. J., 60 Wall st.
Dann (J. C.) Wickwire & Co., 287 Main St.,
Buffalo
Danzig, Jerome J., 200 Fifth Ave.
Davenport & Co., 1113 E. Main St., Richmond,
Va.
Davies & Co., 225 Bush St., San Francisco, Calif.
Davis & Co., Fellowes. 52 Broadway.
Davis & Co., J. W., Ill Broadway.
Davis & Co.. Morgan, 15 Broad St.
Davis & Davis, 10 Weybosset St., Providence,
R. I.
Davis & McIntosh, lllBroadway
Davis, Frank H., 47 Broad St.
Davis, Paul H. & Co., 10 So. La Salle St., Chicago,
Day & Co., R. L„ 14 Wall St.
De Coppet & Doremus, 42 Broadway
DeCoppet, Robert F., 47 Broad St.
de Cordova & Bro., Cyril, 25 Broad St.
de Cordova. Eustace. 25 Broad St.
Deery & White, 25 Broad St.
De Haven & Townsend, 30 Broad St.
Delafield & Delafield, 14 Wall St.
Denny, Saportas & Co., 1 Wall St.
De Veau, George P., 47 Broad St.
De Voe, Dyke A Sperrv, 25 Broad 8t.

DICK & MERLE-SMITH, 30 Pine St.

Dietrich & Company, F., 1 Wall Street.
Diffenderffer & Co., 1611 Walnut St., Philadelphia,
Pa.
Dixon & Co., 1411 Chestnut St.. Philadelphia, Pa.
Dixon, George A., 42 Broadway.
Dobbs & Company, 50 Broadway.
Dominick & Dominick, 115 Broadway
Donoho & Co., J. F., Ill Broadway.
Donohue, Joseph T„ 30 Broad St.
Douglas & Company, F. H., 61 Broadway.
Douglas, Barclay K., HWall St.
Douglas, Walter C., 11 Wall St
Doyle & Company, Frank, 120 Broadway
Draper,Williams & Co., 53 State St., Boston, Mass.
Dreyfus, Benton & Nicholas, 40 Wall St.
Dreyfus, Walter, 40 Wall St.
Driscoll, William V., 50 Broadway.
Drummond, Howard, 50 Broadway.

DRYSDALE & CO., 71 Broadway
Duff & Co., J. Robinson, 1 Wall St.

Duffy & Co., Edward J., Ill Broadway.
Duncan, John C. Jr., 60 Broadway.
Dunne & Co., John V., 19 Rector St.
Dunscombe & Co., 60 Broad St.
du Pont, Francis I. & Co., 1 Wall St.
Durand, C. A. & Son, 15 Broad St.
Durand, James F., 50 Broadway.
Dyer, Hudson & Co., 61 Broadway
Eastman, Dillon & Co., 15 Broad St.
Eckstein, Alfred, 111 Broadway.
Edge <& Co., C. N„ 20 Exchange Place.
Edgerton, John J.. 61 Broadway.
Edmonds, William E., Ill Broadway
Edmonds & Co., 1 Wall St.
Edwards, A. G. & Sons, 409 N. 8th St., St. Louis,
Mo.
Einstein & Co., H. G„ 30 Broad St.
Eisele, King & Studdiford, 9 Clinton St., Newark,
N. J.
Elsemann, Alexander & Co., 42 Broadway
Eising, George J., 165 Broadway.
Elsing, Robert E., 165 Broadway
Elder & Co., James Bldg., Chattanooga, Tenn.
Elias (Albert J.) & Co., 20 Broad St.
Eliott & Co., Gilbert, 11 Broadway.
Elkins, Morris & Co., Land Title Bldg., Phila­
delphia, Pa.
Ellis, D. H. & Co., 120 Broadway
Elsaesser, George G„ 47 Broad St.
Ely & Son, 120 Broadway.
Emanuel & Co., 50 Pine St.
Emory, Freed & Co., 109 So. Third St., Phila­
delphia, Pa.
Engel & Co., 120 Broadway
Erdman & Co., 120 Broadway
Eric & Drevers, 40 Wall St.
Ernst & Company, 120 Broadway
Estabrook & Co., 40 Wall St.
Ettinger, Adrian, 70 Pine St.
Evans, Stillman & Co., 14 Wall St.
Fackert, William E., 120 Broadway.
Fagan, Albert E„ 40 Wall St.
Fagan & Goetz, 40 Wall St.
Fahnestock & Co., 1 Wall St.
Fair, Charles M„ 100 Broadway.
Faroll Brothers, 50 Broadway
Farr & Co., 90 Wall St.
Farrington & Coleman, 120 Broadway
Farwell, Chapman & Co., 208 So. La Salle St.,
Chicago, Ill.

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


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

STOCK EXCHANGE MEMBERS

1681

NEW YORK STOCK EXCHANGE—Continued
MEMBERS
Federman & Filston, 25 Broadway.
FKNNER & BEANE, 67 Broad St.
FUor, Bullard & Smyth, 39 Broadway
Finch, Wilson & Co., 120 Broadway
Flncke, Reginald, 61 Wall St.
Findley, William V. B.( 42 Broadway.
Fine & Co.. W. A., 1 Wall St.
Finucane, Wm., G. 120 Broadway
Fisher, William, 39 Broadway.
Fitzsimmons, Joseph M„ 115 Broadway.
Flinn, George H., Jr., 9 E. 41st St.
Fly & McFall, 73 Madison Ave., Memphis, Tenn.
Ford, Donald, 115 Broadway.
Forgie, David F„ 47 Broad St.
Foster & Adams, 120 Broadway
Foster F. V. & Co., 24 Broad St.
Foster, John W., 25 Broad St.
Foster, Marvin & Co., 2 Wall St.
Fowler, Thomas P., 15 Broad St.
Fox, O'Hara & Co., 60 Broad St.
Francis, Bro. & Co., 4th and Olive Sts., St. Louis,
Mo.
Frank, A. R. & Co., 120 So. La Salle St., Chicago,
Ill.
Frank & Co., Charles A., 30 Broad St.
Frank, Robert L., 25 Beaver St.
Frankhauser, Charles A., 50 Broadway.
Fransloli & Wilson, 120 Broadway
Freeman, Joseph, 703 E. Olmos Drive, San
Antonio, Tex.
Fried & Company, Albert, 30 Broad St.
Fried, Cohn & Co., 120 Broadway.
Friede, Leo, 39 Broadway.
Friedman, Brokaw & Samish, 711 St. Charles St.
St. Louis, Mo.
Fuerst, Otto & Co., 120 Broadway.
Fuerst, William, 39 Broadway.
Fuller (Henry B.) & Co., 67 Broad St.
Fuller, Rodney & Co., 14 Wall St.
Gaines & Company, 1 Wall St.
Gammack & Co., 39 Broadway
Garvin, Bantel & Co., 120 Broadway.
Geddes, Gerald M., 61 Wall St.
Gengler Bros., 1 Wall St.
Gengler, Joseph D., 1 Wall St.
Gerham, Harry, 42 Broadway.
Gibb, Robert P., 50 Broadway.
Gilbert & Co., Clinton, 120 Broadway
Gilbert, Riley Miles, 11 Broadway.
Gilchrist, Bliss & Co., 120 Broadway
Gildea, Charles A., 50 Broadway.
Gilmor, Robert, 1 Wall St.
Gitterman, Joseph L., Jr., 120 Broadway
Glendinning, Robert & Co., S. E .corner 15th and
Chestnut Sts., Philadelphia, Pa.
Glenny, Roth & Doolittle, 1415 Liberty Bk. Bldg.,
Buffalo, N. Y.
Glore, Forgan & Co., 38 Wall St.
Goadby & Co., W. H., 120 Broadway
Goerz, E. V. & Co., 39 Broadway
Goldman, Henry Jr„ 39 Broadway
Goldman, Robt. J., 30 Broad St.
Goldman, Sachs & Co., 30 Pine St.
Goldsmith (H. W. )& Co., 120 Broadway
Goldsmith, Joseph M., 63 Wall St.
Goodbody & Co., 115 Broadway
Goodwin, William H., 42 Broadway.
Gordon, Gerald M. & Co., 120 Broadway
Gordon & Whitney, 115 Broadway
Gosling, Woodley B„ 42 Broadway.
Gossler, Philip, Jr., 40 Wall St.
Gould, Clarence F., 2 Wall St.
Gould, Frank Jay, 165 Broadway.
Gould, Howard, 160 Broadway
Gradison, W. D. & Co., 408 Dixie Terminal Bldg.,
Cincinnati, Ohio.
Graham & Co., 50 Broadway
Graham, Harry S„ 50 Broadway
Granberry & Co., 50 Broadway
Granbery, Marache & Lord, 120 Broadway.
Graves, Banning & Co., 14 Wall St.
Graves, Gordon & Co., 1 Wall St.
Gray & Wilinerding, 44 Wall St.
Green, Ellis & Anderson, 100 Broadway
Greene & Brock, 40 Wall St.
Greenway, Gilbert C. Jr., 61 Broadway.
Gregory, George V., 42 Broadway.
Griffon & Sheridan, 20 Broad St.
Gruntal & Co., 30 Broad St.
Grymes, J. Randolph, Jr., 42 Broadway.
Gude. Winmill & Co.. 1 Wall St.
Gunn, Norman, 14 Wall St.
Gutenstein & Lasdon, 25 Broad St.
Guy, John J., 25 Broad St.
Gwynne Brothers, 48 Wall St.
Hackney, Hopkinson & Sutphen, 25 Broad St.
Haff, Carroll B., 120 Broadway.
Hagan, John Vincent, 42 Broadway.
Halladay & Co., 14 Wall St.
HALLE & 8TIEGLITZ, 25 Broad St.
HALLGABTEN & CO., 44 Pine St.
Halsted & Harrison, 1 Wall St.
Hamershlag, Borg & Co., 39 Broadway
Hano & Co., 120 Broadway
Hardenbrook, Donald J., 67 Broad St.
Hardy & Company, 11 Broadway
Harriman & Keech, 11 Broadway
Harrington & Co., 42 Broadway.
Harris & Co., 40 Wall St.
Harris, Burrows & Hicks, 135 So. La Salle St.,
Chicago, Ill.
HARRIS, UPHAM & CO., 11 Wall St.
Harrison, O’Gara & Co., 209 S. La Salle St.,
Chicago, Ill.
Harrison & Peterson, 25 Broad St.
Hartshorne, Fales & Co., 71 Broadway
Hatch, E. Sanford, 61 Broadway.

Haupt & Company, Ira, 39 Broadway
Hawkins, Roswell G„ 15 Broad St.
HAYDEN, STONE A CO., 25 Broad St.
Hazelhurst, Andrew, 111 Broadway.
Hazlett & Burt, 215 Wheeling Steel Corp. Bldg.,
Wheeling, W. Va.
Healy, James A., 40 Exchange Place.
Heath, Royal V., 40 Wall St.
Hecker & Co., Liberty Trust Bldg., Philadelphia,
Pa.
Hedberg & Koppisch, 1 Wall St.
Hedberg, O. Viking, 1 Wall St.
Hedge, Herbert T., 19 Rector St.
Heidelbach, ickelheimer & Co., 49 Wall St.
Hemmerle, Joseph, 111 Broadway.
Hemphill, Noyes & Co., 15 Broad St.
Henderson & Company, 40 Wall St.
Henderson, Charles F. & Sons, 71 Broadway
Hendrickson & Co., 30 Pine St.
Hentz, H. A Co., 60 Beaver St.
Herbek, Anton W., 47 Broad St.
Herman & Co., 14 Wall St.
Hernon, Pearsall & Co., 120 Broadway
Herrick, Berg & Co., 40 Wall St.
Herzfeld & Stern, 30 Broad St.
Hess, Walter W., 30 Pine St.
Hetherington, James A., II, 42 Broadway.
Hewitt, Lauderdale & Co., 61 Broadway
Hewitt & Satterfield, 39 Broadway.
Hibbs, W. B., & Co., Hibbs Bldg., Washington,
D. C.
Higham, Neville G„ 30 Broad St.
Hilbert, Condon & Bassett, 111 Broadway.
Hill & Co., 2020 Carew Tower, Cincinnati, Ohio
Hill, Charles W. & Co., 1 Wall St.
Hilliard, J. J. B„ & Son, 419 W. Jefferson St.,
Louisville, Ky.
Hinckley, Albert P., 1 Wall St.
Hirsch, Lilienthal & Co., i65 Broadway
Hirschberg, Harold, 39 Broadway.
Hirshon, Walter, 61 Broadway.
Hiscoe, Reginald V., 52 Wall St.
Hoge, Underhill & Co., 11 Broadway
Hogle, J. A., & Co., 132 Main St., Salt Lake City,
Utah
Hollander, Robert B., 50 Broad St.
Holsapple, Harvey & Co., 30 Pine St.
Homans & Co., 67 Broad St.
Hoppin Bros. & Co., 120 Broadway
Hornblower & Weeks, 40 Wall St.
Hough, Harry P., 71 Broadway.
Hovey, Chandler & Co., 82 Devonshire St.,
Boston, Mass.
Howard, Robert F„ 25 Broad St.
Howell, Douglass & Co., 40 Wall St.
Hoyt & Co., (Colgate,) 14 Wall St.
Hubbard Bros. & Co., 60 Beaver St.
Hubbard, Edwin D., 67 Exchange Place.
Hughes & Co., 11 Broadway.
Hulburd, Warren & Chandler, 208 S. La Salle St.,
Chicago, Ill.
Hume & Thompson, 60 Broadway
Hummer, Wayne & Co., 105 W. Adams St..
Chicago, Ill.
Hunt, Gregory C., 50 Broadway.
Hutchins & Parkinson, 53 State St., Boston, Mass.
HUTTON & CO., E. F., 61 Broadway
Hutton & Co., W. E., 14 Wall St.
Hyde, William T., 120 Broadway.
Hyman & Co., 40 Wall St.
.
Hynes, John M., 120 Broadway.
Imbrie, H. Thornton, 50 Broadway.
Ingalls & Snyder, 100 Broadway
Irle, Willard S., 30 Broad St.
Iselin, Ernest, 115 Broadway.
Iseman, & Co., Harold M., 60 Beaver St.
Jackson Bros., Boesel & Company, 26 Broadway
JACKSON & CURTIS, 115 Broadway
Jacobs, Stanley R., 30 Pine St.
Jacobson & Co., Benjamin, 61 Broadway.
Jacquelin & De Coppet, 47 Broad St.
Jelke & Co., Frazier, 40 Wall St.
Jenkins & Stevens, 120 Broadway.
Jenks, Gwynne & Co., 65 Broadway
Jennings, George C., 30 Broad St.
Jesup & Lament, 26 Broadway
Jewel, Norman J., 60 Broadway.
Jewett, Newman & Co., 26 Broadway.
Johnson & Durant, 61 Broadway.
Johnson & Wood, 67 Broad St.
Johnson, Leeds, 49 Wall St.
Jones, C. Hyland, 20 Broad St.
Joseph & Co., Morris, 25 Beaver St.
Joseph, J. Bernard, 50 Broadway.
Josephthal & Co., 120 Broadway
Jurgens, Herman E., 42 Broadway.
Kahn, Elliott M., 44 Pine St.
Kahn, Gustave H., 165 Broadway.
Kastor, Robert N., 61 Broadway.
Kaufman, Richard K. & Co., 39 Broadway
Kaufmann, Leo, 25 Broad St.
Kay, Byfleld & Co., 61 Broadway.
Kay, Richards & Co., Union Arcade, Pittsburgh,
Pa.
Kean, Taylor & Co., 14 Wall St.
Keenan, Henry C., 120 Broadway.
Kelley, Thomas F., 50 Broadway.
Kellogg, James Crane, 3rd, 50 Broadway.
Kemp, George S., 911 E. Main St., Richmond, Va.
Kempner, Alan H„ 120 Broadway.
Kennedy & Co., 1 Wall St.
Keppler, Emil A. C., 540 Morris Ave., Elizabeth,
N. J.
Kerngood, S. George, 120 Broadway.
Kerr & Armstrong, 30 Broad St.

Kerr (L. S.) & Co., 11 Wall St.
Kevet, Ralph E., 50 Broadway.
KIDDER 4c CO., A. M., 1 Wall St.
KIDDER, PEABODY A CO., 17 Wall St.
Kimball, Hervey L., 42 Broadway.
King, Frank E., 50 Broadway.
Klauber, Murray, 42 Broadway.
Knapp, Arthur, Jr., 47 Broad St.
Knapp, Theodore J., 14 Wall St.
Koch & Co., Spencer B., 29 Broadway
Koch, Spencer B., 29 Broadway.
Kohler, Fish & Co., 48 Wall St.
Kraebel, Raymond H., 50 Broadway.
KUHN, LOEB A CO., 52-54 William St.
La Branche, Arthur E^ 50 Broadway.
La Branche, Geo. M. L., 50 Broadway.
La Branche & Company, 50 Broadway
Ladenburg, Thalmann & Co.. 25 Broad St.
Laidlaw & Co., 26 Broadway
Laird & Co., Nemours Bldg., Wilmington, Del.
Laird, Bissell & Meeds, 120 Broadway
Lamborn, Hutchings & Co., 37 Wall St.
Lamm, Harold J., 24 Broad St.
Lamson Bros. & Co., 141 W. Jackson Blvd.
Chicago, Ill.
Lanahan, W. W„ & Co., Calvert Bldg., Baltimore,
Md.
Langley & Co., W. C., 115 Broadway
Lapham, Davis & Bianchi, 29 Broadway
Lapham, Frank E. Jr., 120 Broadway.
Larkin & Co., S. P., 30 Broad St.
Lauer & Co., William E., 50 Broadway
Lawrence & Sons, Cyrus J., 115 Broadway
Lazard Freres & Co., 19 Nassau St.
Leavitt, Phillip B., 39 Broadway.
Lee, Cornelius S., Jr„ 52 Wall St.
Lee. Higginson &, Co.. 37 Broad St.
Lehman Bros., 1 William St.
Leopold & Co.. James M., 70 Wall 8t.
Levey, David E., 25 Broad St.
Levi, Frank S., 61 Broadway.
Levis, Carl, 37 Wall St.
Levy & Co., Robert J., 165 Broadway
Lewinson & Co., Sydney, 30 Pine St.
Lewis (Chas. E.) & Co., 601 Second Ave., South
Minneapolis, Minn.
Lewisohn & Sons. Adolph, 61 Broadway
Lewisohn, Frederick, 595 Madison Ave.
Libaire & Company, 37 Wall St.
Liberman, Herman N., Jr., 25 Broad St.
Linburn, Ernest A., 25 Broad St.
Lipper, Arthur, Jr., 120 Broadway.
Lipscher, Milton A., 42 Broadway.
Livingstone, S. R. & Co., 1 Wall St.
Lloyd & Co., Ill Broadway
Lober Brothers & Co., 37 Wall St.
Lockwood, Peck & Co., 52 Broadway.
Loeb & Co., Carl M., 61 Broadway.
Loeb, Alsberg & Co., 39 Broadway.
Loeb, George A., 120 Broadway.
Loeb, Robert H., 25 Broadway.
Loew & Co., 2 Wall St.
Long, John E., 25 Broad St.
Lovejoy, Donald M., 49 Broad St.
Low, Arthur J., 29 Broadway.
Lowell, James Russell, 30 Broad St.
Lowitz E. & Co.. 29 Broadway.
Luber & Co., 50 Broadway.
Luke, Banks & Weeks, 1 Wall St.
Lyon & Co., W. Wallace, 120 Broadway
Lyons, W. L., & Co., 231 S. 5th St., Louisville, Ky
Mabon & Co.. 1 Wall St.
MacArthur, Malcolm, 47 Broad St.
MacCorkle, Robert C., 48 Wall St.
MacDonald & Co., 234 Real Estate Tr. Bldg .
Philadelphia, Pa.
Mackay & Co., 14 Wall St.
MacKinney & Weicker, 1 Wall St.
MACKUBIN, LEGG A CO., 222 E. Redwood St.,
Baltimore, Md.
MacMeekin & Co., 123 S. Broad St., Philadelphia,
MacQuoid & Coady.lll Broadway
Madden, Walter H., 47 Broad St.
Maier, Albert J., 42 Broadway.
Maier, John A., 42 Broadway.
Maloney, Anderson & Block, 50 Broadway
Manheimer, DeWitt J., 50 Pine.
Manson & Co., Thos L., 120 Broadway
Marcus & Co., 30 Broad St.
Marks, Eric H„ 1 Wall St.
Marks, Laurence M. & Co., 49 Wall St.
Marks, Laser & Co., 231 S. La Salle St., Chicago,
Marquis & Co., L. J., 39 Broadway
Marshall. Campbell & Company. 61 Broadway
Masten, A. E„ & Co., First National Bank Bldg.,
Pittsburgh, Pa.
Maxwell, Eugene L., 25 Broad St.
Mayer, Clinton 0. Jr., 120 Broadway.
Mayer & Company, Jos. G , 74 Trinity Place.
Mayer & Hart, 111 Broadway
Maynard, Oakley & Lawrence, 61 Broadway
McCarthy, Daniel F., 52 Broadway
McClave & Co., 67 Broad St.
McClellan, George R„ 40 Wall St.
McCreery, Samuel, & Co., 123 S. Broad St.
Philadelphia, Pa.
McCutcheon, McKelvy & Durant, Union Trust
Bldg., Pittsburgh, Pa.
McDermott & Co., Peter P.. 39 Broadway
McDermott, David H., Room 1043,25 Broadway.
McDermott, William P., 39 Broadway.
McDonnell & Co., 120 Broadway.
McEneaney, Edward V., 47 Broad St.

Farther Information on firm* appearing In bold face type will be found la the selected Ust of Investment Dealers following bank list In each city.


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

STOCK EXCHANGE MEMBERS

1682

NEW YORK STOCK EXCHANGE—Continued
MEMBERS
McGeoch, Arthur N., Jr., 61 Wall St.
McGoldrlck, Henry A., 50 Broadway.
McGough & Schuman, 61 Broadway.
McGregor, Irvine & Co., 1219 Chapline St.,
Wheeling, W. Va.
McIntyre, Hugh B., 50 Broadway.
McKay, N. Bruce, 42 Broadway.
McKenna, Arthur J., 47 Broad St.
McKenna. James. 40 Exchange Place.
McKenzie, Joseph E., 20 Broad St.
McKeon, Daniel Manning, 71 Broadway.
McKeon, Robert Manning, 71 Broadway.
McLaughlin, Joseph A., 50 Broadway.
McLean, James, 120 Broadway.
McMannus & Mackey, 15 Broad St.
McVickar, E. S. J„ 2 Wall St.
Meehan & Co., M. J., 30 Broad St.
Melady & Co., John, 141 Broadway
Mellick, J. Hartley, Jr., 50 Broadway.
Mellon, Charles Henry, 42 Broadway.
Mensch, Bernard L., 29 Broadway.
Mensch, Milton, 39 Broadway.
Miller & Dodge, 30 Broad St.
Miller & Lummis, 50 Broadway.
Miller,Frank A., 25 Broad St.
Mindermann, Frederick H., 29 Broadway.
Minton & Co.. D. M., Ill Broadway
Mitchell, Whitmer, Watts & Co., 14 Wall St.
Mitchell, Hutchins & Co., 231 S. La Salle St.,
Chicago, Ill.
Montgomery, Robert Craig, 111 Broadway.
Montgomery, Scott & Co., 120 Broadway.
Moore & Co., D. T., 50 Broad St.
Moore, J. Carson, 83 Westminster Rd., Garden
City, L. I., N. Y.
Moore, Leonard & Lynch, 111 Broadway.
Moore, McLean & McDermott, 200 S. LaSalle
St., Chicago.
Moore & Schley, 100 Broadway.
Moors & Cabot. Ill Devonshire St., Boston, Mass.
Morgan, & Company, Henry, 42 Broadway
MORGAN & CO., J. P., 23 Wall St.
Morgan, Morgan G., 30 Broad St.
Morris & Co.. 1 Wall St.
Morris, A. W., & Co., 325 W. 8th St., Los Angeles,
Calif.
Morris & Smith, 120 Broadway
Morris, William & Co., 52 Wall St.
Morrison, H. Terry, 61 Broadway.
Morse, Anthony W., 1 Wall St.
MOSELEY & CO., F. S., 14 Wall St.
Muir & Co., John .39 Broadway.
Munds, Winslow & Potter, 40 Wall St.
Munn & McCauley, 30 Broad St.
Murfey, Blossom & Co., Guardian Bldg., Cleve­
land, Ohio.
Murphy, C. H. & Co., 40 Wall St.
Murphy, G. M.-P. & Co.. Ill Broadway
Myles, John L„ 47 Broad St.
Nammack, Jerome W., 40 Wall St.
Nash & Co., Ill Broadway.
Naumburg & Reynolds, 115 Broadway.
Neddermeyer, August, 1 Wall St.
Neilson & Co., C. F., 20 Broad St.
Neilson, C. Frederic, Jr., 20 Broad St.
Neilson, Louis, 120 Broadway
Nelson, Palen, 1 Wall St.
Neuberger, Harry H., 60 Beaver St.
Neuhut, Plohn & Co., 60 Broad St.
Neumoegen, Manfred L., Ill Broadway.
Newbold’s, W. H„ Son & Co., 1517 Locust St.
Philadelphia, Pa.
Newborg & Co., 30 Broad St.
Newburger, Loeb & Co., 40 Wall St.
Newcombe, Chas. M., Ill Broadway.
Newhard, Cook & Co., 400 Olive St., St. Louis,
Mo.
Newman Bros. & Worms, 25 Broad St.
Newsome, John C., 50 Broadway.
Newton, Robert P., Ill Broadway.
Nick, J. F. & Co., 120 Broadway
Nicolaus, Louis J., 314 N. Broadway, St.Louis.Mo.
Nims, Arthur V., Ill Broadway.
Noble, H. G. S., 42 Broadway.
Noel, Berman & Langley, 67 Wall St.
Norris & Kenly, 208 S. La Salle St., Chicago, Ill.
Norris, Donald Lee, 61 Broadway.
Noyes, David A., & Co., 208 S. La Salle St.,
Chicago, Ill.
Noyes, Julius W., 1 Wall St.
Nugent & Igoe, 11 Commerce St., Newark, N. J.
Nuttall, R. V., & Co., Park Bldg., Fifth Ave. &
Smithfield St., Pittsburgh, Pa.
O'Brien, Esmonde F., 15 Broad St.
O’Brien, Richard W., 15 Broad St.
Oliphant & Co., Jas. H„ 61 Broadway.
Onativia, J. V.Jr., 42 Broadway.
O’Neill & Co., Grover, 20 Exchange Place
Orr & Tuthill, 60 Broadway
Orvis Brothers & Co., 60 Broadway.
Orvis, Schuyler A., 120 Broadway.
O’Sullivan, James J., 20 Broad St.
Ottimer, Jack C., 30 Broad St.
Ottley, Gilbert. 165 Broadway
Paine, Webber & Co., 25 Broad St.
Parker, Alfred P., 44 Beaver St.
Parker, Dale, 30 Rockefeller Plaza.
Parker, McElroy & Company, 120 Broadway.
Parrish & Co., 40 Wall St.
Pask & Walbridge, 1 Wall St.
Pearl, Dyer, 1 Wall St.
Pell & Co., 40 Wall St.
Pell, Peake & Co., 24 Broad St.
Pelzer, B. H. & F. W„ 120 Broadway.
Perkins, Erickson & Co., Powers Bldg., Rochester,
N. Y.

Pflugfelder, Bampton & Rust, 61 Broadway.
Pforzhelmer & Co., Carl H., 25 Broad St.
Pierce & Co., E. A., 40 Wall St.
Pierce, Allen A., 40 Wall St.
PiUot, Andre P., 48 Wall St.
Pinkerton & Whitney, 50 Broadway.
Piper, Jaffray & Hopwood, 115 S. 7th St., Minne­
apolis, Minn.
Post & Flagg, 49 Broad St.
Potter & Co., E. N„ 26 Broadway.
Potter, Earl S., 120 Broadway.
Potts, William B. Jr., 40 Wall St.
Potts, William Rockhill, 47 Broad St.
Pouch & Co., 1 Wall St.
Prentice & Brady, 25 Broadway.
Prescott, Biggar & Co., 101 Guardian Bldg.,
Cleveland. Ohio.
PRESSPRICH & CO., R. W., 68 William St.
Price, Geo. E. & Co., 120 Broadway.
Prince, F. H., & Co., Court & Washington Sts.,
Boston, Mass.
Proctor, Cook & Co., 15 Broad St.
Pryibil, Paul, 120 Broadway.
Purcell, Edward A & Co., 39 Broadway.
Purdy, Strother B„ 42 Broadway.
Putnam & Co., 6 Central Row, Hartford, Conn.
Pyne, Kendall & Hollister, 60 Wall St.
Quincey & Co., Chas. E., 24 Broad St.
Quinn, Walter A., 50 Broadway.
Raebeck, William, 25 Broadway.
Rafferty, Paul F., 120 Broadway.
Raiss, & Co., Carl, 256 Montgomery St., San
Francisco, Calif.
Raschen, John W., 42 Broadway.
Ray, Joseph B., 50 Broadway.
Rayner, Thomas, 42 Broadway.
Redmond & Co., 44 Wall St.
Reeves, Edward J., 61 Broadway.
Reilly, Wm. B., 50 Freeman St.. Newark, N. J.
Reimer, Terry & Co.. Ill Broadway
Reiner & Co., Milton E., 120 Broadway
Reinholdt & Gardner, 400 Locust St., St. Louis, Mo.
Renson, Joseph H., 19 Rector St.
Reynolds & Co., 120 Broadway.
Reynolds, Fish & Co., 120 Broadway.
Rheinstein, Sidney, 14 Wall St.
Rhoades & Co., 30 Pine St.
Rhodes, Edmund, 30 Broad St.
Rhodes, Gilbert L„ 120 Broadway.
Rice, Edward J., 11 Broadway.
Rich, Clark & Brady, 39 Broadway
Richard, C. B. & Co., 44 Beaver St.
Richards, Fred L., 42 Broadway.
Richards, Hume & Heffernan, 49 Wall St.
Righter, Walter L., 63 Wall St.
Ristlne & Co., F. P., 15 Broad St.
Riter & Co., 48 Wall St.
Rives, Reginald B., 47 Broad St.
Robertson, Charles E., 11 Wall St.
Robertson & Georgeson, 1 Wall St.
Robinson, N. Dorsey, 47 Broad St.
Rockefeller, Laurance S., 30 Rockefeller Plaza.
Roesler, Walter, 50 Broadway.
Rogers, Frank C„ 111 Broadway.
Rogers, Wilbur H., 120 Broadway.
Rollins, Ernest C„ 52 Broadway.
Rollins, G. Edward, 40 Wall St.
Rooke, Robert L., 40 Wall St.
Rose, Luke H., 14 Wail St.
Rose, Raymond S., 30 Broad St.
Rose, Reginald P., 42 Broadway.
Rose, Cammann & Co., 120 Broadway.
Rosenau, Walter N., 1 Wall St.
Rosenbaum, Francis F., 1 Wall St.
Rossbach, Laurence B.. 42 Broadway.
Rossmann, F. L. & Co., 40 Wall St.
Roth & Co., B. H., 25 Broad St.
Roth, Emil J. & Co., 29 Broadway.
Rothschild & Co., 105 W. Adams St., Chicago, Ill.
Rothschild & Co., L. F., 120 Broadway.
Rowland, Reginald, 50 Broadway.
Ruggles, Burnet R., 61 Broadway
Russell, Brewster & Co., 135 S. La Salle St.,
Chicago, Ill.
Russell, Marshall H., 50 Broadway.
Rutherfurd, John, 120 Broadway.
Sabater, William F., 42 Broadway.
Sackett, Ray P. & Co., 11 Broadway.
Sagar, W. S., & Co. 115 Broadway.
SALOMON BROS. & HUTZLER, 60 Wall St.
Salomon & Co., F. L., 50 Broadway.
Salomon, Robert S., 60 Wall St.
Salter, John A., 42 Broadway.
Salzer, Herbert D., 120 Broadway.
Samuel & Co., Ralph E., 115 Broadway.
Sargeant, Malo & Co., Equitable Bldg., Denver,
Colo.
Sartorius & Smith, 61 Broadway.
Scarritt & Bardach, 120 Broadway
Schafer Bros., 1 Wall St.
Schafer, Myron, 30 Pine St.
Schatzkin, Loewi & Co., 30 Broad St.
Scheftel, Herbert, 42 Broadway.
Schiff & Young, 15 Broad St.
Schirmer, Atherton & Co., 79 Milk St., Boston,
Mass.
Schoellkopf & Co., 70 Niagara St., Buffalo, N. Y.
Scholl, & Co., T. F„ 50 Broad St.
Scholle Brothers, 40 Wall St.
Scholle, William D„ 40 Wall St.
Schreiber, Otto A., 115 Broadway.
Schreiber. Pierrepont D.. 50 Broadway.
Schubert, George C., 40 Wall St.
Schwabacher & Co., 600 Market St., San Fran­
cisco, Calif.

Schwabacher, Herman S., 25 Broad St.
Schwartz, Herman, 39 Broadway.
Schweppe, E. Poynter, 39 Broadway.
Scott & Stringfellow, P. O. Box 1575, Richmond,
Va.
Scott. Stuart Jr., 50 Broadway.
Scranton, Chas. W.t & Co., 209 Church St.,
New Haven, Conn.
Seaman, Henry Brevoort, 42 Broadway.
Seaman, Joseph H., 1 Wall St.
Seasongood & Haas, 63 Wall St.
Seeley, Nathaniel S., 71 Broadway.
SELIGMAN & CO., J. & W., 54 Wall St.
Seligman, G. & A., 42 Broadway.
Seligman, James, 30 Pine St.
Seligman, Julius, Drawer 38, Station A., San
Antonio, Tex.
Seliesbere & Co., 50 Broad St.
Seskis. Jack Y., 50 Broad St.
Sesselberg, Arthur W., 120 Broadway.
Shaskan Brothers, 30 Broad St.
Shaskan & Co., 39 Broadway
Shaw, George W., Ill Broadway.
Shea, Frank A., 67 Broad St.
Shea, James F. & Co., 160 Broadway.
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.
Shuman & Co., 25 Broad St.
Sichel, Eugene A., 120 Broadway.
Sidenberg, George M„ 25 Broad St.
Siegel, Isaac, 61 Broadway.
Silberberg, D. H. & Company, 63 Wall 8t.
Simmons, Cheston, 47 Broad St.
Simmons & Co., E. H. H., 52 Broadway.
Simmons & Peckham, 49 Broad St.
Simmons, Zalmon G., Jr., 67 Broad St.
Simon. I. M„ & Co.. 315 N. 4th St., St. Louis, Mo.
Simon & Co., Richard L , 120 Broadway.
Simonds, Robinson, 111 Broadway.
Sincere, Charles & Co., 231 S. La Salle St., Chleago,
Ill.
Singer, Deane & Scribner, Union Trust Bldg.
Pittsburgh, Pa.
Sisto & Co., J. A., 68 Wall St.
Slater, Robert V., Ill Broadway.
Slaughter & Co., A. O , 14 Wall St.
Slepack & Co.. 25 Broadway
Smith, Barney & Co., 14 Wall St.
Smith, Bernard E., 11 Wall St.
Smith, Bert V., 20 Broad St.
Smith, E. E. T„ 14 Wall St.
Smith, Frank & Co.. 120 Broadway
Smith, Herbert L., Jr., 30 Pine St.
Smith, Kenneth R., 61 Broadway.
Smith, Lyman D., 61 Broadway.
Smith, Ralph C., 115 Broadway.
Smith & Co., Wilbur F„ 40 Wall St.
Smith & Gallatin, 115 Broadway.
SMITHERS & CO., F. S., 15 Broad St.
Sneckner & Heath, 63 Wall St.
Snedeker, Chas. V., & Co, 1 Wall St.
Snyder, Wilson & Co., 408-10-12 Madison Ave,,
Toledo, Ohio.
Somers & Schafer, 50 Broadway
Sonn, Herbert H., 50 Broadway.
Soucy, Swartswelter & Co., 161 Devonshire St.,
Boston, Mass.
Southgate & Co., 33 State St., Boston, Mass.
Sparks, J. W. & Co., 50 Broadway.
Spear & Leeds, 25 Broad St.
Sperber, Benjamin, 25 Broad St.
Spero & Co., 120 Broadway
SPEYER & CO., 24-26 Pine St.
Speyer, Alexander C., Jr., 61 Broadway.
Spielman, David B., 39 Broadway.
Spingarn & Co., Leopold, 29 Broadway.
Sprague, Raymond, 39 Broadway.
Sprayregen & Co., 39 Broadway.
Stackpole & Buchanan, 120 Broadway.
Stafford & Co., 20 Exchange Place.
Stamm & Co., A. L., 120 Broadway
Stanley, Janeway & Howe, 40 Wall St.
Stanton & Co., 52 Wall St.
Starkweather & Co., Ill Broadway.
Starr, William T., 61 Broadway.
Stebbins, Ernest Vail, 42 Broadway.
Stein, Brennan & Co., 9-11 S. LaSalle St., Chicago,
Ill.
STEIN BROS. & BOYCE, 39 Broadway.
Stein, Jules C., 430 N. Michigan Ave., Chicago.
Ill.
Steiner, Rouse & Company, 25 Broad St.
Sterling, Grace & Co., Ill Broadway.
Stern & Co., Allison, 25 Broad St.
Stern Brothers, 39 Broadway
STERN, KEMPNER & CO., 14 Wall St.
Sternberger, Henry S„ 1 Wall St.
Stevens & Legg, 120 Broadway.
Stevens, Byam K., 120 Broadway.
Stewart, Charles E., 63 Wall St.
Stewart. John A., 3rd, 120 Broadway.
Stokes, Hoyt & Co., 39 Broadway.
Stone, Howard R., 60 Broadway.
Stout & Co., 25 Broad St.
Stout. Bayard Dominick, 47 Broad St.
Stralem, Pierre, 44 Pine St.
Strassburger & Co., 133 Montgomery St., San
Francisco, Calif.
Strasser, Robert, 42 Broadway.

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


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

STOCK EXCHANGE MEMBERS

1683

NEW YORK STOCK EXCHANGE—Continued
Straus, Ferdinand A., 50 Broadway.
Straus, Jack O., 39 Broadway.
Strauss, Max, 120 Broadway.
Strauss, Phillips & Co., 120 Broadway
Stroock, Stephen J. & Co., 1 Wall St.
8truthers & Dean, 40 Wall St.
Sulzbacher, Granger & Co., Ill Broadway.
Sutro & Co., 407 Montgomery St., San Francisco,
Calif.
Sutro Bros. & Co., 120 Broadway
Swan & Co., J. E., 25 Broad St.
Sweetser & Co., 43 Broad St.
Swinnerton, Radcliffe, 60 Beaver St.
Taller & Robinson, 120 Wall St.
Talbot & Company, 11 Wall St.
Talcott, Potter & Co., 26 Broadway
Tanburn, Stephen A., 50 Pine St.
Tate & Hays, 71 Broadway
Taylor & Delany, 50 Jiroadway
Taylor, Bates & Co., 48 Wall St.
Taylor & Co., W. R. K„ 120 Broadway
Tefft & Company, 24 Broad St.
Tenney & Co., 31 Milk St., Boston, Mass.
Thaw, Lawrence Copley, 1 Wall St.
Thiele, Walter, 120 Broadway.
Thomas. Richard Russell, 47 Broad St.
Thomas & Griffith, 120 Broadway.
Thomson & McKinnon, 11 Wall St.
Thorne, F. B. & Co., 120 Broadway.
Thurnauer, Arthur F„ 61 Broadway.
Tierney, Andrew J., 50 Broadway.
Tlfft Brothers, Third National Bank Bldg.,
Springfield, Mass.
TIMMINS & COMPANY, J. R., 61 Broadway.
Tobey & Co., 25 Broadway.
Tobey & Kirk, 52 Wall St.
Tobias, W. Eldridge, 50 Broadway.
Toerge & Schlffer, 15 Broad St.
Tompkins, Frederic P., 47 Broad St.
Toolin & Co., 14 Wall St.
Townsend, Anthony & Tyson, 30 State St.,
Boston, Mass.
Townsend, Graff & Co., 29 Broadway.
Trask & Co., Spencer, 25 Broad St.
Trask, John J., 47 Broad St.
Travers, Clark and Taylor, 120 Broadway
Travers, Leo B., 50 Broadway.
Treman & Co., Arthur B., 1st Nat’l. Bank Bldg.,
Ithaca N Y
Trimble & Co., 1326 Walnut St., Philadelphia, Pa.
Tucker, Anthony & Co., 120 Broadway
Turner, Wallis S.. 50 Broadway.
Turnure & Co., Lawrence. 1 Wall St.

MEMBERS
Tweedy. Edmund R„ 25 Broad St.
Ullman, William, 50 Pine St.
Ulman Bros. & Baldwin, 1 Wall St.
Untermeyer, Milton F., 60 Beaver St.
Untermeyer, Milton F., Jr., 60 Beaver St.
Vachlo, Frank A., 42 Broadway,
van Daell, Paul A. H.. 50 Broadway.
Van Roalte, Arthur, 29 Broadway.
Vaughan & Company, 50 Broadway
Vercoe & Co., Huntington Bank Bldg., Columbus,
Ohio.
Vernon, Miles H., 1 Wall St.
Vesce, Anthony P., 15 Broad St.
Vesce, Joseph V., 71 Broadway.
Vietor, Common & Co., Marine Trust Bldg.,
Buffalo, N. Y.
Vilas & Hickey, 49 Wall St.
Vogel, Arthur J., 30 Pine St.
Wadsworth, Willard, 1 Wall St.
Wagner, Stott & Co., 19 Rector St.
Wainwright & Co., H. C„ 60 State St., Boston,
Mass.
Wainwright, Luce and Willetts, 14 Wall St.
Waldheim, Platt & Co., 308 N. Eighth St., St.
Louis, Mo.
Walker Brothers, 71 Broadway
Walker A Co., G. H„ 1 Wall St.
Walker A Sons, Joseph, 120 Broadway
Waller A Co.. 61 Broadway
Walston & Co., 265 Montgomery St., San Francis­
co, Calif.
Warburton, Wm. John, 60 Broadway.
Ward, Charles J., 120 Wall St.
Ward. Gruver A Company, 40 Exchange Place.
Wardle, H. Allen, 40 Wall St.
Ware A Keelips, 19 Rector Street
Watling, Lerchen A Hayes, 334 Buhl Bldg.,
Detroit, Mich.
Watson, Armstrong A Co., 24 Broad St.
Watson, Charles F. Jr., 67 Broad St.
Watson A Co., T. L., 40 Wall St.
WATSON & WHITE, 149 Broadway
Weed, Hall, Berndt A Co., 40 Wall St.
Weekes, Harold H„ 14 Wall St.
Welcker A Co., 1 Wall St.
Well, Arthur C„ 25 Broad St.
Weil, Charles S., 30 Broad St.
Weingarten A Co., 29 Broadway.
Weisl A Co., Edwin, 111 Broadway.
Welch, Francis W., 25 Broad St.
Welles. C. E. A Co., 25 Broadway.
WELLINGTON & CO., 120 Broadway
Wenman A Co., 1 Wall St.
Wertheim, Albert, 120 Broadway.

WERTHEIM & CO., 120 Broadway
Westheimer A Co., 324 Walnut St., Cincinnati,
Ohio.
Whaley, Frederick C., 11 Wall St.
Whaley, Potter A Finucane, 120 Broadway.
White, Frederic N. Lawrence. 47 Broad St.
White, Leonard D., 20 Exchange PI.
White, Weld A Co., 40 Wall St.
Whitehead, Edward R„ 52 Broadway.
Whitehead, Edward R., Jr., 52 Broadway.
Whltehouse A Co., 1 Wall St.
Whiteley, Aubrey S„ 1 Wall St.
Whitman, Herbert S., 47 Broad St.
Whitney A Co., Richard, 15 Broad St.
Whitney A Elwell, 30 State St., Boston, Mass.
Whitney A Sons, H. N„ 49 Wall St.
Wilcox A Co., 14 Wall St.
Wilder, George H„ 1 Wall St.
Willett, George, 61 Broadway.
Williams, Blair S. A Co., 25 Broad St.
Williams A Co., Clark, 160 Broadway
Williams, Kenneth R., 30 Pine St.
Williston A Co., J. R„ 115 Broadway.
Wilson, Alanson H. R„ 2 Wall St.
Wilson, William L., 71 Broadway.
Winslow A Douglas, 11 Wall St.
Wlnthrop, Robert A Co., 48 Wall St.
Wlnthrop, Mitchell A Co., 26 Broadway
Wisner, Charles H., 40 Exchange Place.
Witter, Dean A Co., 45 Montgomery St., San
Francisco, Calif.
Wood, A. C., Jr. A Co., 511 Chestnut St., Phila­
delphia, Pa.
Wood, Low A Company, 63 Wall St.
Wood, Strathers A Co., 20 Pine St.
Wood, Trubee A Co., MAT Bldg., Buffalo, N. Y.
Wood, White A Co., 14 Wall St.
Woody. Charles L. Jr., 40 Wall St.
Woolner, Adolph, 14 Wall St.
Worden, J. Lorimer, 30 Broad St.
Worthington, George L., 50 Broadway.
Wrenn Bros. A Co., 30 Broad St.
Wright A 8exton, 1 Wall St.
Wurts, Dulles A Co., 1416 Chestnut St., Phila­
delphia, Pa.
Wyckoff, Edward G., A Co., 1528 Walnut St.,
Philadelphia, Pa.
Wyle, John J., 24 Broad St.
Yarnall A Co., 1528 Walnut St., Philadelphia, Pa.
Young, Charles F., 42 Broadway.
Young, T. Sloan, 14 Wall St.
Zeltner, Charles F., 115 Broadway.
Zucker, Arthur A., 1 Wall St.
Zuckerman, Henry A Co., 52 Broadway

OHIO
CINCINNATI STOCK EXCHANGE

(208-209-210 Dixie Terminal Bldg.)
Officers: W. D. Gradison, President: J. B. Reynolds, Vice-President; S. F. Stephenson, Treasurer; Charles H. Steffens, Jr., Secretary
SCHEDULE OF RATES OF COMMISSION (March 1, 1936)
ON STOCKS
York Stock Exchange. Whenever the Board of Trustees, however, deems
Price
Rate Per Share
It advisable to do so, they may designate any security listed on the Cincinnati
Selling under $1.00 per share_______________ As determined by member
Stock Exchange and any other principal exchange, in which the Commission
Selling at $1.00 per share and below $5.00 per share__ Not less than 7Hc
shall not be less than are provided by the rules of such other Exchanges.
Selling at $5.00 per share and below $10.00 per share..Not less than 15c
(Aluminum Industries, American Laundry Machinery, Eagle Picher Lead,
8elling at $10.00 per share and below $150.00 per share.Not less than 25c
U. S. Playing Card and Waco Aircraft all traded in on the New York Curb
Selling at $150.00 per share and below $200.00 per share.Not less than 50c
have been so designated.)
Selling at $200.00 per share and below $300.00 per share.Not less than $1.00
BONDS
Selling at $300.00 per share and below $400.00 per share.Not less than $1.50
The Commission charge on all bonds, except that of U. S. Bonds, is oneSelling at $400.00 per share and over____ __________ Not less than $2.00
quarter of one per cent on the par value. The Commission charge on
U. S. Bonds is one-eighth of one per cent.
MINIMUM COMMISSION ON STOCKS
RATES TO MEMBERS—GIVE-UPS. On stocks listed only on the
Provided, however, that on every transaction which involves an amount
Cincinnati Stock Exchange the Commission shall not be less than the rates
of $15.00 or more, the minimum commission shall be not less than $2.50.
given below:
A transaction which involves under $15.00, the minimum commission shall
o
,
Rate per share
be as determined by the broker.
Selling under $1.00 per share-------------------------- as mutually agreed upon
Selling at $1.00 but under $5.00....................
Not less than lc
ON RIGHTS AND WARRANTS
Selling at $5.00 but under $10.00...........................................Not less than 3c
Price
Rate Per Right
Selling at $10.00 and above.......... ................. ..................... Not less than 4c
or Warrant
On stocks listed jointly on the New York and Cincinnati Stock Exchange
Selling under 50c...................................................(as mutually agreed upon)
the Commission shall not be less than the rates given below. (These rates
8elling at 50c but under $1.00............
Not less than 3c
also apply to Aluminum Industries, American Laundry Machinery, Eagle
Selling at $1.00 but under $5.00________
Not less than 5c
Picher Lead, U. S. Playing Card and Waco Aircraft, which are traded in
Selling at $5.00 but under $10.00____
Not less than 7J^c
on the New York Curb.)
Selling at $10.00 and above..______
Not less than 15c
Selling under $1.00 per share-------------------------- as mutually agreed upon
MINIMUM COMMISSION ON RIGHTS AND WARRANTS
Selling at $1.00 but under $5.00.............................................Not less than lc
Selling at $5.00 but under $10.00..........................................Not less than 2c
Provided, however, that on every transaction which Involves an amount
Selling
at $10.00 and over--------------- --------------- -------Not less than 2J^c
ef $5.00 or more, the minimum Commission shall be not less than $1.00.
A transaction which involves under $5.00, the minimum Commission shall
CLEARANCE BUSINESS
be as determined by the broker.
RATES TO MEMBERS—On business for members of the Exchange
when the principal is not given up, the Commission shall not be less than
FRACTIONAL SHARES
one-half of the non-member rates.
There shall be charged a Commission not less than 50 cents on fractional
The Commission on rights and warrants shall be the same as on stocks,
(hares.
except
in the case of rights and warrants selling below $1.00 on which the
JOINTLY LISTED STOCKS
Commission may be mutually agreed upon.
As to stocks and rights which are listed on the New York Stock Exchange,
The Commission on bonds shall not be less than 40 cents per $1,000 par
the Commission shall not be less than are provided by the rules of the New
value on bonds.
MEMBERS
Ashbrook, H. Raymond, 705 Union Trust Bldg.
Gibson, R. H., 235 Scott St., Covington, Ky.
Lowenthal, Ben, W. D. Gradison & Co., 408 Dixi
Gradison, W. D. & Co., 408 Dixie Terminal Bldg.
Terminal Bldg.
ASSEL, JOS. H., 218 Provident Bank Bldg.
Cranberry & Co., 50 Broadway, New York, N. Y.
Lyons & Co., W. L., St. Paul Bldg.
BALLINGER & CO., Union Trust Bldg.
Grau, J. J., & Co., 1331 Union Trust Bldg.
MURRAY, C. C. & CO., Union Trust Bldg.
Bartlett, Benj. D. & Co., 313 Vine Street.
Greene & Brock, 301 Third Nat’l. Bk. Bldg.,
Reiter & Co., C. H., Union Trust Bldg.
Barth Co., J. L., Dixie Terminal Bldg.
Dayton.
Stephenson & Potter, Union Central Bldg.
Bruner, George, 3010 Observatory Rd.
Harvey, M. C., 216 Superior Ave., N.E., Cleveland.
Thurnauer, Max, First Nat’l. Bk. Bldg.
Chambers & Co., J. D., Union Trust Bldg.
Hill & Co., Carew Tower.
Tyree, Victor L„ 2324 Park Ave.
Cohle, H. B. & Co., 711 Union Trust Bldg.
Horan, R. J., Union Trust Bldg.
Van Lahr, Leo. Ed., 415 Provident Bk. Bldg.
Cree, Ellwood H„ 314 W. 4th St., Covington, Ky.
Hutton, W. E. & Co., First National Bank Bldg.
WEIL, ROTH & IRVING CO., THE, 217
Dominick & Dominick, 115 Broadway, New York.
Dixie Terminal Bldg.
IRWIN BALLMAN CO., THE, First National
Duble, Dennison, 403 First Nat’l. Bldg.
Westerfield, Ralph, Union Trust Bldg.
Bank Bldg.
Dunlap, T. Oliver, Mercantile Library Bldg.
Westheimer & Co., First National Bank Bldg.
Eustis, Geo. & Co., 810 Fourth National Bank Bldg.
Jaspers, J. G., First Nat’l. Bk. Bldg.
Westheimer, E. J., W. L. Lyons & Co., Unios
Fox & Co., W. E., Fourth Nat’l Bk. Bldg.
Lepper, A. & Co., First National Bank Bldg.
Trust Bldg.
Portlier Information on firms appearing In bold face type will be found in the selected list of Investment Dealers following bank list In each city


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

STOCK EXCHANGE MEMBERS

1684

CLEVELAND STOCK EXCHANGE
Officers: Gordon S. Macklin, President;

Percy W. Brown, Vice-President;

C .B. Whitcomb, Secretary;
Prices
Stocks Selling
Under $1
$

1
10
25
50
125
300
500

David G. Skall, Treasurer;

Wm. J. Perry, Asst. Secretary.

SCHEDULE OF COMMISSION RATES

Commission
per Share
3c

Minimum commission $1.00
and up toand including 9%......................................................... 7%c
and up toand Including 24%...................................................... 16c
and up to and Including 49 %................................ -................. . 25c
and up toand including1247-1 __.................................................. 30c
and up toand including299 %...............................................
50c
and up to and including 499 %........ ......... .......................-......... 75c
and over_________________________ ________ ___________ $1.00
Minimum commission $2.00

BACHE & CO., J. S., 200 National City Bldg.
•Bahl, Jr., Gaylord W., 105 Mohican Bldg.,
Mansfield, O.
•Bell & Beckwith, Home Bank Bldg., Toledo, O.
Borton, Bates & Co., 1937 Union Trust Bldg.
Butler, Wick & Co., Union National Bldg.,
Youngstown
Clark & Co., 981 Union Trust Bldg.
•Collin. Norton & Co., Gardner Bldg., Toledo, O.
Curtiss, House & Co., 1201 Union Trust Bldg.
Fenner & Beane. Leader Bldg.
Gentsch, Chas. D. & Co., 1746 Union Trust Bldg.

MEMBERS
GILLIS, WOOD & CO., 1585 Union Trust
Bldg.
Will S. Halle & Co., 511 Swetland Bldg.
Hawley, Huller & Co., 1436 Union Trust Bldg.
Hayden, Miller & Co., 1250 Union Trust Bldg.
Hornblower & Weeks, 1040 Union Trust Bldg.
Jackson & Curtis, 1737 Union Trust Bldg.
Kraus, Cunningham & Co., 1846 Union Trust Bldg.
Murch & Co. Maynard H., 1186 Union Trust Bldg.
Murfey, Blossom & Co., 901 Guardian Bldg.
Paine, Webber & Co., 1111 Terminal Tower Bldg.
E. A. Pierce & Co., 215 Cuyahoga Bldg.
(Associate Members*)

Ryan & McManus, 39 Broadway, N. Y.
Schultz & Co., L. J., 736 Union Tr. Bldg.
David G. Skall & Co., 2031 Union Trust Bldg.
W. S. Snyder & Co., 2027 Union Trust Bldg
Soucy, Swartswelter & Co., 1704 Central National
Bank Bldg.
Stanley & Co., 1740 East Twelfth St.
•Stevenson, Vercee, Fuller & Lorenz, Huntington
Bank Bldg., Columbus, O.
♦Vercoe & Co., Huntington Bk. Bldg., Columbus.
Wellsted, Macklin & Co., 1280 Union Trust Bldg.
Witt, John P. & Co., 2008 Union Trust Bldg.
York, Geo. W. & Co., 1001 Swetland Bldg.

PENNSYLVANIA
PHILADELPHIA STOCK EXCHANGE
Officers: Howard Butcher. Jr., President; B. Frank Townsend, Jr„ Vice-President; Frank C. Matthews. Secretary; Frank E. Baker, Treasurer;
John R. Huhn, Jr„ Assistant Secretary and Assistant Treasurer; Thomas B. Gravatt. Assistant Secretary, Assistant Treasurer and Auditor.
COMMISSION RATES
(March 1, 1937)
Between Members
NON-MEMBER COMMISSION RATES ON STOCKS
AND SUBSCRIPTION RIGHTS
BONDS
Minimum
Selling Price Per Share
Commission
Wben Cleared
8
Rate Per Share
Not less than eighty cents for each $1000 bond.
i/?56nf$1
0.1c pershare
1/128 of $1........................
........................ 0.15c per share
When Not Cleared
Fromi/64of$Yto'i7f6of$i:::::::----------------o.5C per share
Not less than fifty cents for each $1000 bond.
From 3/32 of $1 to 7/32 of SI—---------- -------------------- l-£c per share
From M of $1 to 15/32 of $1............ .......... ......... .............. l -5c per share
STOCKS
From % of $1 to 31/32 of $1-------------------------------- --- 3.0c per share
When Cleared
From $1 to $1%.....................
“,0c per share
per
share
Price
Rate Per Share
From $2 to $2%............................... .................... -...............6.0c
share
Selling under 50c...................... ....... ..............................--As mutually agreed
From $3 to $3 >8.................................................................... ' ^ per
per
share
Selling
at
50c
and
above,
but
under
$1.00____________Not
less than%c
From $4 to $4%...................... ..............-......... ................... 5'X® per share
Selling at $1.00 and above, but under $10.00_.........
Not
less thanl%c
From $5 to $57-6...........-.................. ....... .............—............"-60 per share
Selling
at
$10.00
and
above,
but
under
$50.00________
Not
less
than
5c
From $6 to $6 %...................
iV'cvS per share
Selling at $50.00 and above, but under $100.00_______ Not less than 6c
per
share
Selling
at
$100.00
and
above______________
Not
less
than
7c
From $8 to $8%........................................ ......... ..................
per share
When N ot Cleared
per share
Price
Rate Per Share
share
From $20 to $29%....................... .........................................2X X° per
Selling
under
50c.
..........................................................—As
mutually agreed
per share
Selling at 50c and above, but under $1.00..............
Not
less than%c
per share
Selling
at
$1.00
and
above,
but
under
$10.00--------------Not
less than lc
per share
Selling at $10.00 and above, but under $100.00_______ Not less than 2c
per share
Selling at $100.00 and above...............
Not
less than2%c
From $70 to $79%......................-------------------- ----------- 20.0c per share
STOCK SUBSCRIPTION RIGHTS
From $80 to $89%............................ ....................-.............21.0c per share
From $90 to $99%------------42.0c per share
When Cleared
For each additional $10 or fraction thereof ------------- l.oc additional
Price
Rate Per Share
Minimum Charge Per Transaction—Notwithstanding the foregoing,
Selling under 50c---------------------- ------------------------- As mutually agreed
when the amount involved in a transaction is less than $1, the commission
Selling at 50c and above, but under $1.00___________ Not less than l%c
shall be as mutually agreed; when the amount involved is $1 or more but less
Selling at $1.00 and above, but under $5.00_________ Not less than 2c
than $50, the minimum commission shall be not less than 6% of such amount
Selling at $5.00 and above, but under $10.00____________ Not less than2%c
or $1, whichever is greater; and when the amount involved is $50 or more,
Selling at $10.00 and above-----------------------------------Not less than 4c
the minimum commission shall be not less than $3.
When Not Cleared
BONDS
. „
Price
Rate Per Share
Per $1000 of principal (except as stated in Article XXVI, Section 2 (d)
Selling under 50c_______ ____ ______ _____________As mutually agreed
of the Constitution):
, , „ .,__
Selling at 50c and above, but under $1.00_____ _____ Not less than %c
Under $10..-............-.........---....................................... Not less than 75c
Selling at $1.00 and above, but under $5.00.-........
Not less than %c
$10 and above’but under $166------------------------------ Not less than $1.25
Selling at $5.00 and above, but under $10.00________ Not less than lc
and above ______ __ __ ___ ___________—Not less txi3.ii $^.50
Selling at $10.00 and above-.-____ ________ ____ ...Not less than 2c
Exception to Commission Rates, effective January 20, 1938:
The minimum commission on any transaction between members shall be
Members are permitted to charge a commission equal to that in iorce in
25c.
any dual market in which a security is traded.
MEMBERS
Embick, Paul A., 518 Stock Exchange Bldg.
Bryan, Penlngton & Colket, 123 S. Broad St.
Ashton, Augustus Trask, 1501 Finance Bldg.
Emory, Freed & Co., 109 S. 3rd Street.
Bryiawski, Edward L., 1611 Walnut St.
Buckley
Brothers,
1529
Walnut
St.
Fearon, Charles. 511 Chestnut St.
BACHE, J. S„ & CO,, Pennsylvania Bldg.
Butcher & Sherrerd. 220 Real Estate Trust Bldg.
Flynn, Bernard J., 46 No. 40th St.
Carstairs & Co., 1610 Walnut St.
Fox, Geo. S., & Sons, 1600 Girard Trust Bldg.
Baker, Weeks & Harden. Commercial Trust Bldg.
Cherry,
Robert,
Jr.,
113
So.
Fifth
St.
French,
E. W„ & Co.. 123 S. Broad Street.
Banks, Clayton F„ 123 So, Broad St.
Clark, E. W., & Co., 16th and Locust St.
Fuller. W. A. M.. & Co., 1510 Chestnut Street.
Barclay, Henry C., 123 So. Broad St.
Clark, Kenneth R., 1500 Walnut St.
Barclay. Moore & Co.. 123 S. Broad Street.
Garber, F. W., & Co.. 115-117 S. 5th Street.
Clucas, (E. W.) & Co., 70 Pine St., New York,
Bayuk Brothers, Packard Bldg.
Gayley, McCreary & Co.. 817 Packard Bldg.
N. Y.
Bean. Chas. H„ & Co., 1528 Walnut Street.
Gilmore, Arthur C., Provident Trust Bldg.
Conklin.
Roscoe
C,
518
Stock
Exchange
Bldg.
Bernstein, Harry L„ 518 Stock Exchange Bldg.
Glendinning,
Robt.. & Co., Packard Bldg.
Dackerman
&
Waber.
517
Stock
Exchange
Bldg.
Biddle & Co., Moncure, 1520 Locust Street.
Goldman, Harold C., 811 Stock Exchange Bldg.
Davis, Robert Hare, 824 Stock Exchange Bldg.
Biddle. Whelen & Co., 1606 Walnut St.
Graff,
Frank
M„
1508 Walnut St.
deCoursey,
Stephen
H.,
44
N.
4th
St.
Bioren, John S„ 1508 Walnut Street.
Greene, Norman J., Berwyn, Pa.
DeHaven & Townsend. 1513 Walnut Street.
Greenwood, Herbert T., 518 Stock Exchange Bldg.
Diffenderffer
&
Co.,
1611
Walnut
Street.
BIOREN & CO„ 1508 Walnut Street.
Greer, Thomas Raymond, 309 Otis Bldg.
Dixon, Fitz Eugene, 1411 Chestnut St.
Guarniery, Robert Y., 518 Stock Exchange Bldg.
Donoghue, Daniel C., Jr., 123 S. Broad St.
Boenning & Co.. 1606 Walnut Street.
Hammitt & Co., 602 Stock Exchange Bldg.
Brown, Howard B., 1616 Walnut Street.
Hamstrom & Co., 215 Real Estate Trust Bldg.
BREXEL & CO., 15th and Walnut Streets.
Brown (Vernon C.) & Co., 71 Broadway, New
Harper, James B., Stock Exchange Bldg.
York, N. Y.
Drummon, Chester W„ 626 Stock Exchange Bldg.
Harrison & Co., 123 8. Broad Street.
Hauberger, George H.. 609 Stock Exchange Bldg.
Eastman, Dillon & Co., 1506 Walnut St.
BROWN BROTHERS HARRIMAN & CO.,
Hecker
& Co., Liberty Trust Bldg.
Elkins.
Morris
&
Co..
305
Lana
Title
Bldg.
1531 Walnut St.
Further information on firms appearing In bold face type will be found in the selected list of Investment Dealers following bank list in each city,


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

STOCK EXCHANGE MEMBERS

1685

PHILADELPHIA STOCK EXCHANGE—Continued
Hibbs (W. B.) & Co., HiDbs Bidg., Washington,
D. C.
Hopper, Soliday & Co.. 1420 Walnut St.
Hornblower & Weeks. 1429 Walnut Street.
Huhn, John R„ Jr., Stock Exchange Bldg.
Hutton & Co.. W. E.. 1529 Walnut St.
Janney, Walter C.. 1529 Walnut St.
Jefferis, W. Harper, 1518 Walnut St.
Jenks, Qwynne & Co., 65 Broadway, New York,
N. Y.
Jones, Miller & Co., Commercial Trust Bldg.
Kelly, James J., 1611 Walnut St.
Kennedy & Co., 2115 Land Title Bldg.
Kolb, Robert A.. 1608 Walnut St.
Ladenburg, Thalmann & Co., 25 Broad St., New
York, N. Y.
Laird, Blssell As Meeds. 1528 Walnut Street.
Lawson, W. L„ Union League.
Lee, John K„ 1411 Walnut St.
Lilley & Co., 1520 Packard Bldg.
Lippincott, Richard, 220 S. 16th St.
Loeb. Oscar, 824 Stock Exchange Bldg.
Louchheim, Walter C., 30 Pine St., New York,
N. Y.
MacDonald & Co., 234 Real Estate Trust Bldg
MacMeekin & Co.. 123 S. Broad Street.
Makiver, J. S. P., 1510 Chestnut St.
Malls, David S., 805 Land Title Bldg.
Masland, Fernon & Anderson, Packard Bldg.
Matthes, Percy E., 305 Land Title Bldg.
Matthews, Caldwell F., 1411 Walnut St.
Matthews, Frank C„ Stock Exchange Bldg.
McCreery, Samuel & Co., 123 S. Broad Street.
McCurdy, Wallace M., 1237 Commercial Trust
Bldg.
McLaughlin, Jr., William J., 1411 Walnut St.

MEMBERS
Mellor E. Fraley, 518 Stock Exchange Bldg.
Montgomery, Scott & Co., 123 S. Broad Street.
Moore, E. J., & Co., 141 South Fourth Street.
Moore, Leonard & Lynch, 111 Broadway, New
York.
Moorhead, Barlow, Germantown Cricket Club.
Morgan, Reed A., & Co., 1735 Commercial Trust
Bldg.
Moyer & Co., 1500 Walnut Street.
Newbold’s Son, W. H., & Co.. 1517 Locust Street.
Newburger, Loeb & Co., 1419 Walnut 8treet.
Nick, (J. F.) & Co., 120 Broadway, New York.
Niemond & Co., John S., Harrisburg, Pa.
Palmer & Co., E. W„ Commercial Trust Bldg.
Parke, John S., 1415 Walnut St.
Parrish A Co., 212 South 15th Street.
Phillips, Samuel K., & Co., 1317 Packard Bldg.
Powell, A Victor, 6205 Ocean Ave.,Ventnor, N. J.
Rakestraw, Betz & Co., 123 So. Broad St.
Rebre, Charles A., 403 Stock Exchange Bldg.
Ristine, F. P., & Co.. 123 S. Broad Street.
Rosenbaum, Leon, 6803 N. 12th St.
Rourke, William J., Packard Bldg.
Rowe, Robert G„ 1429 Walnut St.
Sailer, A. J. & Co., 113 S. 5th Street.
Seeler & Co., 435 Chestnut St.
Sloane & Co., Stock Exchange Bldg.
Smith, Barney & Co., 1411 Chestnut Street.
Smith, W. Hlnckle, Girard Trust Co. Bldg.
Snyder, Geo. E„ & Co., 600-601 Stock Exchange
Bldg.
Snyder, R. Maurice, 1518 Locust St.
Sparks, J. W., A Co., 1510 Chestnut Street.
Spiegelman, Solomon B„ 518 Stock Exchange Bldg.
Starr & Co., 123 S. Broad Street.
Stephenson, George H., Stock Exchange Bldg.
Steppacher, Lester G., 403 Stock Exchange Bldg.

Strecker, Daniel E„ 3451 Frankford Ave.
Sulzbacher, Granger & Co., Ill Broadway, New
York, N. Y.
Suplee, Jr., Horace L„ 123 S. Broad St.
Suplee, Walter S„ 123 S. Broad St.
Sutro Bros. & Co., 120 Broadway, New York,
N. Y.
Swab, H. M„ 1529 Walnut St.
Tague, Jr., Edward J., 517 Stock Exchange Bldg.
Taylor, Robert D., Stock Exchange Bldg.
Taylor, Roland L., 1100 Morris Bldg.
Thomas, Edward R„ 1428 Walnut St.
Thompson, Edward S„ Land Title Bldg.
Townsend, W. De H., 1513 Walnut St.
Trimble & Co., 1326 Walnut Street.
Turner, Gill & Crouter, 1614 Packard Bldg.
Turton, George L„ 517 Stock Exchange.
Vrooman, Samuel B„ Jr., 1411 Walnut St.
Walsh, Frank C„ 115 Broadway, New York.
Warwick. Arthur D„ Stock Exchange Bldg.
Watson, Clifford A., 1420 Walnut St.
Weeks, Henry C., 1518 Locust St.
Wells, Charles C„ 609 Stock Exchange Bldg.
Wheeler & Co., 1100 Girard Trust Bldg.
Wieand. Jr., Franklin D„ 1508 Walnut St.
Williamson, Jr., James A., 123 S. Broad St.
Wilmer A Co., 123 S. Broad St.
Wistar, Carter & Co., 1735 Commercial Trust Bldg.
WOOD, A. C., JR., A CO., 511 Chestnut St.
Wood, Charles M„ 1513 Walnut St.
Woodside, J. Alan, 403 Stock Exchange Bldg.
Wright & Sexton, 1 Wall St.. New York, N. Y.
Wurts, C. S. & Co., 1327 Walnut Street.
Wurts. Dulles & Co., Philadelphia Bank Bldg.
Wyckoff & Co., Edward G., 1528 Walnut Street.
Yarnall & Co.. 1528 Walnut Street.
York, Warren W., & Co., Packard Bldg.

PITTSBURGH STOCK EXCHANGE
Officers:

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

(229 Fourth Ave.)
Samuel Carothers, Vice-President;
Arthur Middleton, Manager Clearing House;

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

RATES OF COMMISSION
(Effective on and after March 17, 1933)

The minimum rates of commission charged to nonmembers of the Exchange
for buying or selling each $1,000 bond shall be not less than $2.50 (these
commissions shall not apply to government, state or municipal bonds or
bonds and notes having five (5) years or less to run); for buying or selling
each share of stock, shall be not less than as follows:
Stocks selling under 50c a share................ ....... .......................................3% •
Stocks selling at 50c and under $1.00........ .....................................
.03
Stocks selling at $1.00 and under $3.00.................................................. .04
Stocks selling at $3.00 and under $10.00.................................................. 075
Stocks selling at $10.00 and under $25.00................................................ 125
Stocks selling at $25.00 and under $50.00______________________ .15
Anderson, J. Willard, c/o Chaplin & Co., 419 Wood
St.
Askin, George K., Union Trust Bldg.
Askin & Company, J. M„ Columbia Bldg.
BACHE A CO., J. S., Oliver Bldg.
Ballard & Co., W. E., Keystone Bk. Bldg.
Barbour & Company, John B„ Magee Bldg.
Bear & Co., S. Lee, Union Trust Bldg.
Berberich, Alvin F„ Perrysville, Pa.
Berger, Andrew B., c/o Potter Title & Trust Co.
Borntraeger, Carl H.. 229 Fourth Ave.
Bowman & Co., 704 People’s Bldg.
Brinham, A. L., 229 Fourth Ave.
Brinker.Bell A Co., Union Trust Bldg.
Carothers & Company, James, Farmers Bank
Bldg.
Chapin & Co., S. B., Ill Broadway, New York.
Chaplin & Co., 419 Wood St.
Crawford, Jas. S„ Duquesne, Pa.
Diffenderfer, Fred, 229 Fourth Ave.
Diffenderfer, Wallace, 381 Union Trust Bldg.
Dinkey, Jr., Chas. E„ 229 Fourth Ave.
Dominick & Dominick, 316 Fourth Ave.
Dornberger & Co., C. S„ 229 4th Ave.
Edmundson, Jr., Ell, Columbia Bldg.
EDWARDS A COMPANY, H. S., Union Bank
Bldg.
Evans, Sanford B., 229 Fourth Ave.
Fenner & Beane, 67 Broad St., New York, N. Y.
Foster, Bayard D., 244 Oliver Bldg.
Giles, R. C., 229 Fourth Ave.
Gillespie, I. L„ 1727 Grant Bldg.
Glendlnning & Co., Robt., Packard Bldg., Phila.

Stocks selling at $50.00 and under $75.00..................... ... ................ . .175
Stocks selling at $75.00 and under $100.00......................................... .20
Stocks selling at $100.00 and under $200.00......................................... .25
Stocks selling at $200.00, $0.15 per share additional, and for each advance
of $100.00 in the selling price, an additional $0.15 per share.
A minimum commission of not less than $1.00 shall be charged on all
transactions.
Commission for buying or selling memberships in the Exchange shall be
1% of the price.
* 3% of the amount involved.

MEMBERS
Gluck, Hetzel & Co., Arrott Bldg.
Goldsborough & Co., W. W„ Union Bank Bldg.
Goldsborough, T. C„ 1701 Union Bank, Bldg.
Grubbs, Scott Company, Union Trust Bldg.
Hall, Cherry, Wheeler & Co., Rand Bldg., Buffalo,
N. Y.
Harriman, Henry A., 229 Fourth Ave.
Hays, Louis B„ 1001 Keystone Bank Bldg.
Hemphill, Noyes & Co., First National Bank Bldg.
Howley, Walter L., P. O. Box 988
Hubbard, John W., 605 Granite Bldg.
Kane, John A., 229 Fourth Ave.
Kay, Richards & Company, Union Trust Bldg.
King, Jr., W. C„ 1110-A Union Bank Bldg.
Kissane, James V., 229 Fourth Ave.
Kuhn, G. C., 229 Fourth Ave.
Loeb & Co., Carl M., William Penn Hotel
Marshall & Co., Commonwealth Bldg.
MASTEN & COMPANY, A. E., First Nat’I
Bank Bldg.
Mc.Cutcheon, W. A., Arrott Bldg.
McCutcheon, McKelvy & Durant, Union Trust
Bldg.
McJunkin, Patton & Company, 414 Union Bank
Bldg.
McKee & Co., G. S„ 239 Fourth Ave.
McLaughlin, MacAfee & Co., 844 Oliver Bldg.
Mitchell & Craft, Washington, Pa.
Moore, Leonard & Lynch, Union Trust Bldg.
Moreland, A. M„ First Nat’I Bank Bldg.
Neeb, Jr., H. A., 340 S. Winebiddie Ave.
Neuhut, Plohn & Co., 60 Broad St., New York,
• N. Y.
Nuttall & Company, R. V., Park Bldg.

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

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


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

STOCK EXCHANGE MEMBERS

1686

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

J. A. Barclay, President;

SALT LAKE CITY STOCK EXCHANGE

VIRGINIA
Officers: Robert P. Martin, President;

RICHMOND STOCK EXCHANGE
Beverley B. Munford, Jr., Vice-President;
COMMISSIONS

J. Joseph May, Secretary and Treasurer

STOCKS
Selling under 50c___________________________________ 3% of amount
BONDS
8elling at 50c and under $1.00 per share...........................
5c per share
8elling at $1.00 and under $5.00 per share............................ 7%c “
Selling at $5.00 and under $10.00 per share....................... 10c
“
“
Municipals, public utilities, and rails_________________ 25c per hundred
Selling at $10 and under $15 per share........ .................... 12%c per share
Selling at $15 and under $50______________ _____ ___ 25c
All others............................................ ....................................50c “
“
Selling at $50 and under $100......................................... $1.00
Selling at $100 and over......... ................... ....... .............. $2.00
“
“
MEMBERS
Mason-Hagan, Inc., 916 E. Main Street.
Abbott, Proctor & Paine, 911 E. Main St.
RICHMOND CORE., 726 E. Main Street.
Branch, Cabell & Co., 814 E. Main St.
Miller & Patterson, 203 Mutual Bldg.
Scott & Stringfellow, Mutual Bldg.
Branch, Thomas & Co., 1101 E. Main St.
Standard Securities Corp., State Planters Bank
Bldg.
Burch, Caskie G. & Company, 20 N. 9th St.
NOLTING, FRED’K E., INC., 8th and Main
Wheat, James C., American Nat’l Bk. Bldg.
Sts.
Davenport & Company, 113 E. Main Street.
Williams, John C. & Company, 1107 E. Main St.

WASHINGTON
SEATTLE STOCK EXCHANGE

(302 Exchange Bldg.)
Officers: Charles G. Mullen, President;
Sherman Ellsworth, Vice-President;
Edward K. Easter, Secretary;
Lyle F. Wilson, Treasurer;
Louis Klatzker, Executive Secretary;
Charles T. Donworth, Counsel.
RATES OF COMMISSION {In effect: October 14, 1936)
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___________________________________
5c
25 shares for $10.00 to $100.00
At $1.00 and under $2.50 per share......... —..................................7%c
10 shares over $100.00
At $2.50 and under $5.00 per share......................... ..........-.........12%c
The minimum commission charge shall be $2.50 on stock selling under
At $5.00 and under $15.00 per share....... ..................................... . 15c
$10.00 per share, and $5.00 on stock selling over $10.00 per share.
At $15.00 and under $35.00 per share.............. .............................. 25c
On all transactions where the total amount of money involved Is less than
At $35.00 and under $50.00 per share_____________ ________ 35c
$25.00, the commission charge shall be discretionary with the member.
At $50.00 and under $100.00 per share......................................... 50c
BONDS
At $100.00 and up per share............ ............................................ .$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
MEMBERS
Hamer & Son Co., Wm. P., Hoge Bldg.
Blackford, J. C., Hoge Bldg.
Northern Securities Co., 615 Boren Ave.
Hartman & Hartman, Empire Bldg.
Bramhall & Stein, 1105 Hoge Bldg.
Oakes, Prescott, 607-1411 Fourth Ave. Bldg.
Herrin & Co., H. M., Exchange Bldg.
Crawford-Good win Co.,The, 1411 Fourth Ave. Bldg.
Hughbanks, Inc., Dexter Horton Bldg.
Peoples Bank & Trust Co., 1414 4th Ave.
Davis & Co., 1419-4th Ave.
Huston & Co.. Harold H., Hoge Bldg.
Puget Mortgage Securities ,Inc„ Insurance Bldg.
Drumheller, Erlichman & White, Exchange Bldg.
Pratt & Co.. H. P., Hoge Bldg.
Kutz & Co., John A., 1010 Second Ave.
Easter ft Co., F. K., 717 8econd Ave.
Securities Exchange, Inc., 335 Medical Arts Bldg.
Latimer & Co., A. G., Dexter Horton Bldg.
Ferris & Hardgrove, Exchange Bldg.
Stone, Wm. F., 202 Orpheum Bldg.
Lewis & Co., John R., 1012 Second Ave.
Gelletly & Co., R., 655 W. Pender St., Vancouver,
Strout & Co., E. A., 1411 Fourth Ave. Bldg.
Lockett & Co., G., 4736 45th St.. S. W.
Speckert,
F. J., 105 Cherry St.
MacDonald, Alexander, 104 Aloha St.
Gibson & Co., E. J., 5 Wall St., Spokane.
Trusteed
Estates of Wash., Central Bldg.
McBurney, J. F., 1003 Green Bldg.
Grande, Stolle & Co., 1605 Hoge Bldg.
Graves & Co., F. D„ Bellingham Nat’l Bank Bldg.,
McConahy, C. D„ American Bank Bldg.
United National Corporation, Exchange Bldg,
Meiklejohn & Brown. 1321 Smith Tower.
Bellingham.
von Herberg, J., Liberty Theater Bldg.

WEST VIRGINIA
WHEELING STOCK EXCHANGE

(318 Wheeling Steel Bldg.)
Russell D. Irvine, Vice-President;
C. M. Frye, Secretary-Treasurer
COMMISSION RATES
Price
Wheeling Stock Exchange
Rate per Share
Selling up to 34% inc—_____
25c per share
Selling at 35 up to 99% inc............. ..........................
50c per share
Selling at $100 and above..........................
$1.00 per share
Minimum commission on any transaction $3.00, except where amount involved shall be less than $10.00 when it shall be as mutually agreed upon.
Commission: In cases where stocks are listed on both Wheeling Stock Exchange and New York Stock Exchange, the minimum rate of
commission may be the minimum commission charged on New York Stock Exchange.
MEMBERS OF WHEELING STOCK EXCHANGE
Firms
Represented by
Hazlett & Burt, Wheeling Steep Corp. Bldg............................... ................. H. C. Hazlett; D A Burt
Geo. W. Baron & Co., Wheeling Steel Corp. Bldg........ ..................... .......................Wm. H. Wheeler
A. E. Masten & Co., Central Union Bldg......... ........................... ...................... .........Louis F. Brand
McGregor, Irvine & Anderson, 13th & Chapline St............. ...Edgar R. McGregor; Russell D Irvine
John E. Stevenson, Inc., Hawley Bldg.............................................John E. Stevenson; Joe Jefferson
Winthrop, Mitchell & Co., City Bank Bldg........................................................ .William E Wardman
Officers: Wm. H. Wheeler, President

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


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