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INVESTMENT BANKERS ASSOCIATION OF AMERICA
BOARD OF GOVERNORS
PRESIDENT
Detroit
First of Michigan Corporation (on leave)
E mmett F. C onnely
VICE PRESIDENTS
P aul H. D avis
Chicago
J ohn S. F l e e k
Cleveland
Paul H. Davis & Co.
Hayden, Miller and Company
E dward H. H illia r d
Louisville
J. J. B. Hilliard & Son
J ohn K. St a rk w e a th er
New York
Starkweather & Co.
J ohn 0 . S tu bbs
Boston
Whiting, Weeks & Stubbs, Incorporated
EXECUTIVE
SECRETARY AND TREASURER
Alden H. L it t l e
Chicago
33 South Clark Street
GOVERNORS
E dgar M. A dams
Portland
H arcourt A mory
Boston
William A. B arron , J r .
Boston
E. M. Adams & Co.
Smith, Barney & Co.
White, Weld & Co.
C, P révost B oyce
Stein Bros. & Boyce
Baltimore
GOVERNORS
San Francisco
R. H. Moulton & Company
B e n ja m in J. B u t t e n w ie se r .
New York
Kuhn, Loeb & Co.
D w ig h t W. C hapm an
San Francisco
American Trust Company
R alph C hapm an
Chicago
Far well, Chapman & Co.
J u l ie n H. C o l lin s
Chicago
Harris, Hall & Company
B r o w n lee O. C u rr ey _
< Nashville
Equitable Securities Corporation
F. D ew ey E v e r e tt
NewYork
Hornblower & Weeks
A l b e r t H. G ordon
NewYork
Kidder, Peabody & Co.
W illia m H. Y. H ackett
Boston
Tucker, Anthony & Co.
G eorge C. H annahs
f
New York
Hannahs, Ballin & Lee
R obert B. H obbs
Baltimore
W. W. Lanahan & Co.
C. E dgar H onnold
OklahomaCity
C. Edgar Honnold
P aul W. L oudon
Minneapolis
Piper, Jaffray & Hopwood
S,
B e n n e t t S. M a rtin
’
Lincoln
The First Trust Company of Lincoln
J ohn J . M cK eo n
New Haven
Chas. W. Scranton & Co.
D onald I. M cL eod
_
Toronto
McLeod, Young, Weir & Co., Ltd.
R. V e r n e M itc h el l
_
Cleveland
McDonald-Coolidge & Co.
J. L udw ig M osle
Galveston
Mosle and Moreland
F re d e r ic P. M u l l in s
Pittsburgh
A. E. Masten & Company
V ic E. B r e e d e n
GOVERNORS
T. E dward O ’C on n ell
Murphey, Favre & Co.
Spokane
L os Angeles
D onald O’M elv en y
O’Melveny-Wagenseller & Durst
J am es F, Q uigg
St. Louis
J u l iu s W. R ein h o l d t , J r .
St. Louis |
Mississippi Valley Trust Co.
Reinholdt & Gardner
H arvey R oney
Banks, Huntley & Co.
L os Angeles
J. F l em in g S e tt l e
J. H. Hilsman & Co., Inc.
Atlanta
B u rd ick Sim ons
Denver
G eo rg e F. S pa ulding
Chicago'
Sidlo, Simons, Roberts & Co.
The Northern Trust Company
R. M cL e a n St ew a r t
New York
Harriman Ripley & Co., Incorporated
W in t h r o p E. S u llivan
Chicago
The First Boston Corporation
L owry Sw e n e y
Columbus
Lowry Sweney, Inc.
A l b e r t R. T h ayer
Philadelphia
Thayer, Baker & Co.
J ohn W. W atling
Detroit
Watling, Lerchen & Co.
J ay N. W h ip p l e
Chicago
Bacon, Whipple & Co.
P earson W in slo w
New York
Bonbright & Company, Incorporated
J ea n C. W it t e r
i San Francisco
Dean Witter & Co.
A l ex a n d e r C. Y a rn all .
Philadelphia
Yarnall & Co.
J ohn M. Y oung
New York
Morgan Stanley & Co. Incorporated
APPOINTED OFFICERS AND COUNSEL
ASSISTANT SECRETARIES
EDUCATIONAL DIRECTOR
FIELD SECRETARY
Chicago
Arthur G. D avis
33 South Clark Street
Chicago
D avid D illm an
33 South Clark Street
Chicago
33 South Clark Street
Chicago
D orothy A. D uval
Chicago
33 South Clark Street
MUNICIPAL SECRETARY
SECRETARY
R obert Stev e n so n , 3 rd
M ary R . L incoln
33 South Clark Street
D udley C. S m ith
Chicago
33 South Clark Street
OFFICIAL REPORTER
OFFICE COUNSEL
G eorge J. D r o b n is
Chicago
T heodore S. C hapman
111 West Monroe Street
69 West Washington Street
Chicago
GROUP CHAIRMEN
CALIFORNIA
A. E . P ontino
San Francisco
MISSISSIPPI VALLEY
_
St. Louis
Metropolitan St. Louis Company
W alter W. A in sw o r t h
Blyth & Co., Inc.
Wood, Gundy & Company, Ltd.
Toronto
EASTERN PENNSYLVANIA
Philadelphia
Drexel & Co.
E dward H o pk in so n , J r .
F rank E. G e r n o n
Hayden, Stone & Co.
J am es P a rk er N olan
Folger, Nolan & Co., Inc.
J o hn D ane
MINNESOTA
_
Minneapolis
J. M. Dain & Company
J ames M . D a in
G eorge C. R il e y
W. E. Hutton & Co.
New Orleans
SOUTHWESTERN
.
Kansas City
Prescott, Wright, Snider Company
NORTHERN OHIO
Cleveland
H. L. Emerson & Co., Incorporated
John Dane
J am es G. C allaway
TEXAS
OHIO VALLEY
Detroit
Washington
SOUTHERN
New York
H arold L. E m erson
MICHIGAN
Crouse & Company
Boston
Kidder, Peabody & Co.
NEW YORK
Chicago
Harriman Ripley & Co., Incorporated
H arry W. K e r r
SOUTHEASTERN
J ohn G. F l in t _
CENTRAL STATES
Nathan D . M cC l u re
Denver
Boettcher And Company
NEW ENGLAND
CANADIAN
H ubert W. L o fft
ROCKY MOUNTAIN
J . F red B row n
Cincinnati
E. J edd R oe
Bramhall & Stein
Seattle
San Antonio
WESTERN PENNSYLVANIA
Pittsburgh
E. H. Rollins & Sons Inc.
PACIFIC NORTHWEST
B u rl e D. B ramhall
Russ, Roe & Company
F r e d e r ic k W. W il l e y
NATIONAL COMMITTEE CHAIRMEN
INDUSTRIAL SECURITIES
New York
Kidder, Peabody & Co.
EDUCATION
J ay N. W h ip pl e
Bacon, Whipple & Co.
Chicago
FEDERAL LEGISLATION
J ohn K. St a rk w ea th er
New York
Starkweather & Co.
A l b er t H. G ordon
INVESTMENT COMPANIES
__
New York
Dominick & Dominick
R anald H. M acdonald
FEDERAL TAXATION
H arcourt A mory
Smith, Barney & Co.
FINANCE'
Ralph C hapm an
Farwell, Chapman & Co.
Alex. Brown & Sons
Boston
Harris, Hall & Company
MUNICIPAL SECURITIES
P at G. M orris
The Northern Trust Company
Baltimore
Boston
Whiting, Weeks & Stubbs Incorporated
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Chicago
Chicago
GROUP CHAIRMEN’S
New Haven
MEMBERSHIP
J u l ie n H. C ollins
GOVERNMENTAL SECURITIES
Adrian M. M a ssie
New York
The New York Trust Company
J ohn 0 . Stu bbs
RATINGS SPECIAL
J ohn J . M cK e o n
Chas. W. Scranton & Co.
FOREIGN SECURITIES
Charles S. G arland
PUBLIC SERVICE SECURITIES
New York
Morgan Stanley & Co. Incorporated
E dward H. Y o rk , J r .
SECURITIES ACTS
R. M cL e a n S tew a r t
New York
Harriman Ripley & Co., Incorporated
Chicago
STATE LEGISLATION
J ohn
OVER-THE-COUNTER RULES
E. B l u n t , 3 rd
’
Chicago
Lee Higginson Corporation
PUBLICATION INFORMATION
Detroit
First of Michigan Corporation (on leave)
E mm ett F. C onnely
1921
M ark B a x ter
The Parker Corporation
Chicago
STOCK EXCHANGE RELATIONS
F. D e w ey E v e r e tt
New York
Hornblower & Weeks
1922
M E M B E R S H IP O F T H E IN V E S T M E N T B A N K E R S A S SO C IA T IO N O F A M E R IC A
ALABAM A
Southern Group
BIRMINGHAM
♦Courts & Co., 12, N, 20th St.
♦Equitable Securities Corporation, Webb Craw
ford Bldg.
♦King, Mohr & Company, First National Bldg.
♦Milhous, Gaines & Mayes, Inc., First National
Bldg.
Stubbs, Smith & Lombardo, Inc., Webb Craw
ford Bldg.
Ward, Sterne & Co., First National Bldg.
Watkins, Morrow & Co., Woodward Bldg.
MOBILE
♦King, Mohr & Company, Merchants National
Bank Bldg.
MONTGOMERY
King, Mohr & Company, First National Bank
Bldg.
♦Ward, Sterne & Co., First National Bank Bldg.
A R IZ O N A
Rocky Mountain Group
PHOENIX
♦Dahlberg, Durand & Company, Title s& Trust
, Bldg.
Refsnes, Ely, Beck & Co., 112 W. Adams St.
TUCSON
Dahlberg, Durand & Company, 17 E. Pennington
; s t. .
A R K A N SA S
M ississippi Valley Group
LITTLE ROCK
Walton, Sullivan & Co.. 509 Louisiana St.
C A L IF O R N IA
California Group
, BERKELEY
♦Witter & Co., Dean, American Trust Bldg.
BEVERLY HILLS
♦Lester & Co., 9470 Santa Monica Blvd.
♦O’Melveny-Wagenseller & Durst, 9470 Santa
Monica Blvd.
♦Schwabacher & Co., 9520 Santa Monica Blvd.
♦Witter & Co., Dean, 9474 Santa Monica Blvd.
♦Wyeth, Hass & Co., 9490 Santa Monica Blvd.
DEL MONTE
♦Schwabacher & Co., Hotel Del Monte.
EUREKA
•Blyth & Co., Inc., 330 “ E ” St.
FRESNO
♦Bankamerica Company, Bank of America Bldg.
♦Witter & Co., Dean, 2016 Tulare St.
GLENDALE
♦Searl-Merrick Company, 107 E. Broadway.
HOLLYWOOD
♦Schwabacher & Co., 6381 Hollywood Blvd.
LONG BEACH
♦Bankamerica Company, 115 Pine Ave.
♦Banks, Huntley & Co., Security Bldg.
♦Bayly Brothers, 132 Pine Ave.
♦Crowell, Weedon & Co., Farmers & Merchants
Bank Bldg.
♦District Bond Co., Heartwell Bldg.
♦Hill Richards & Co., Farmers & Merchants Bank
Bldg.
♦Lester & Co., Security Bldg.
♦Mitchum, Tully & Co., Heartwell Bldg.
♦Pacific Company of California, Security Bldg.
♦Witter & Co., Dean, 133 E. First St.
LOS ANGELES
♦Bankamerica Company, 650 S. Spring St.
Banks, Huntley & Co., 634 S. Spring St.
Bateman, Eichler & Go.. 453 S. Spring St.
Bayly Brothers, Roosevelt Bldg.
♦Blyth & Co.. Inc., 215 W. Sixth St.
♦Bond & Goodwin Incorporated, 621 S. Spring St.
Brashears & Company, G„ 510 S. Spring St.
♦Bullock, Calvin, 634 S. Spring St.
Butler-Huff & Co., of California, 210 W. Seventh
St.
California Bank, 629 S. Spring St.
Cavanaugh, Morgan & Co., 634 S. Spring St.
♦Conrad, Bruce & Co., 530 W. Sixth St.
Crowell, Weedon & Co., 650 S. Spring St.
■ District Bond Company, 634 S. Spring St.
Douglass & Co., Nelson, 510 S. Spring St.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Fewell, Marache & Co., 453 S. Spring St.
♦First Boston Corporation, The, 623 S. Hope St.
Gregory & Cö., R. N.. 210 W. Seventh St.
Hill Richards & Co., 621 S. Spring St.
♦Kaiser & Co.. 650 S. Spring St.
Lester & Co.; 621 S. Spring St.
Lewis & Company, M. H., 453 S. Spring St.
♦Lord, Abbett & Co., Inc., 210 W. Seventh St.
♦Mason Brothers, 634 S. Spring St.
♦Massachusetts Distributors, Inc., 210 W. Seventh
St.
♦Merrill Lynch, E. A. Pierce & Cassatt, 515 W.
Sixth St.
Miller & Co., Revel, 650 S. Spring St.
♦Mitchum, Tully & Co., 650 S. Spring St.
Moulton & Company, R. H., 510 S. Spring St.
O’Melveny-Wagenseller & Durst, 626 S. Spring
St.
Pacific Capital Corporation, 650 S. Spring St.
Pacific Company of California, 623 S. Hope St.
Page, Hubbard & Asche, 210 W. Seventh St.
♦Parker Corporation, The, 210 W. Seventh St.
Rath Company, Howard G„ 523 W. Sixth St.
Redfield & Co., 510 S. Spring St.
♦Rollins & Sons Inc., E. H„ California Bank Bldg.
♦Schwabacher & Co.. 643 S. Spring St.
Searl-Merrick Company, 634 S, Spring St.
Security-First National Bank of Los Angeles,
561 S. Spring St.
Staats Co., William R., 640 S. Spring St.
Stern, Frank & Meyer, Union Bank Bldg.
♦Weeden & Co.. 650 S. Spring St.
♦Witter & Co., Dean, 632 S. Spring St.
Wyeth, Hass & Co., 647 Spring St.
OAKLAND
♦American Trust Company, 14th St. & Broadway
♦Baker & Co., H. R„ Central Bank Bldg.
♦Bankamerica Company, 1200 Broadway
♦Blyth & Co., Inc., Central Bank Bldg.
♦Brush, Slocumb & Co., 1212 Broadway
♦Hill Richards & Co., Bank of America Bldg.
Mason Brothers, Central Bank Bldg.
♦Schwabacher & Co., Central Bank Bldg.
Stephenson., Leydecker & Co., 1404 Franklin St.
♦Witter & Co., Dean, 417 Fourteenth St.
PASADENA
♦Bankamerica Company, 2435 Colorado St.
♦Bateman, Eichler & Co., 42 N, Garfield Ave.
♦Blyth & Co., Inc., 234 E. Colorado St.
♦Brashears & Company, G„ 595 E. Colorado St.
♦District Bond Company, 117 E. Colorado St.
♦Hill Richards & Co., Citizens Savings Bank Bldg.
Miller & Co., Inc., Geo. R., 81 S. Euclid Ave.
♦O’Melveny-Wagenseller & Durst, 595 E. Colorado
St.
♦Rollins & Sons Inc., E. H., 385 E. Green St.
♦Staats Co., William R., 311 E. Colorado St.
♦Witter & Co., Dean, 355 E. Green St.
♦Wyeth, Hass & Co., 53 S. Euclid Ave.
RIVERSIDE
♦Lester & Co., Citizens National Bank Bldg.
♦Pacific Company of California, 3760 Ninth St.
SACRAMENTO
♦Bankamerica Company, Bank of America Bldg.
♦Blyth & Co., Inc., California State Life Bldg.
♦Conrad, Bruce & Co., Financial Bldg.
♦Mason Brothers, Mitau Bldg.
♦Mitchum, Tully & Co., California Western States
Life Bldg.
♦Witter & Co,, Dean, 1014 Eighth St.
♦Wulff, Hansen & Co., Forum Bldg.
SAN BERNARDINO
♦O’Melveny-Wagenseller & Durst, 474 Court St.
SAN DIEGO
♦Bankamerica Company, 625 Broadway
♦Banks, Huntley & Co., San Diego Trust & Sav
ings Bldg.
♦Fewell, Marache & Co., San Diego Trust &
Savings Bldg.
♦Hill Richards & Co., Bank of America Bldg.
♦Searl-Merrick Company, San Diego Trust &
Savings Bldg.
♦Wyeth, Hass & Co., 530 Broadway.
SAN FRANCISCO
American Trust Company, 464 California St.
Anglo California National Bank of San Francisco,
The, 1 Sansome St.
Baker & Co., H. R., Russ Bldg.
Bankamerica Company, 485 California St.
Bank of America, N. T , & S. A., 1 Powell St.
♦Blair Securities Corporation, Russ Bldg.
Blyth & Co., Inc., Russ Bldg.
Brush, Slocumb & Co., I l l 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., C. J., Russ Bldg.
Elworthy & Co., 111. Sutter St.
♦First Boston Corporation, The, Russ Bldg.
♦Harriman Ripley & Co., Incorporated, 155 Mont
gomery St.
Heller, Bruce & Co., Mills Tower
♦Hill Richards & Co., 79 Post St.
Kaiser & Go., Russ Bldg.
♦BRANCH OFFICE
♦Lewis & Company, M. H„ 315 Montgomery St
Lundborg & Co., Irving, Kohl Bldg.
♦Mason Brothers, 235 Montgomery St.
♦Mercantile-Commerce Bank and Trust Company,
Russ Bldg. (See Levering E . Taylor, Corres
pondent.)
♦Merrill Lynch, E. A. Pierce & Cassatt, 301
Montgomery St.
♦Miller & Co., Revel, 315 Montgomery St.
Mitchum, Tully & Co., 405 Montgomery St.
♦Moulton & Company, R. H., 405 Montgomery St.
♦Otis & Co., Russ Bldg.
♦Rollins & Sons Inc.., E. H., 235 Montgomery St.
Schwabacher & Co., 600 Market St.
♦Staats Co., William R„ 155 Montgomery St.
♦Stephenson, Leydecker & Co., 235 Montgomery
St.
Stone & Youngberg, 405 Montgomery St.
♦Taylor, Levering E„ Russ Bldg., Correspondent,
Mercantile-Commerce Bank and Trust Company,
St. Louis.
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 & Go., Russ Bldg.
SAN JOSE
♦Baker & Co., H. R., First National Bank Bldg.
♦Bankamerica Company, Bank of America Bldg.
♦Hill Richards & Co., First National Bank Bldg.
♦Mason Brothers. Bank of America Bldg.
♦Wulff, Hansen & Co., Twohy Bldg.
SANTA ANA
♦Witter & Co., Dean., 516 N. Main St.
SANTA BARBARA
♦Schwabacher & Co., 930 State St.
♦Witter & Co., Dean, 4 E. Carrillo St.
SANTA MONICA
♦Schwabacher & Co., Bay Cities Bldg.
STOCKTON
♦Witter & Co., Dean, 18 S. Sutter St.
WESTWOOD
Via West Los Angeles
♦Witter & Co., Dean, 1077 Broxton Ave.
C O LO R A D O
Rocky Mountain Group
COLORADO SPRINGS
Hughes and Company, E. W., Exchange National
Bank Bldg.
♦Peters, Writer & Christensen, Inc., Mining
Exchange Bldg.
DENVER
Boettcher and Company, 828 Seventeenth St.
Bosworth,- Chanute, Loughridge & Company,
Security Bldg.
Brown & Company, Donald F., U. S. National
Bank Bldg. .
Brown, Schlessman, Owen & Company, 740
Seventeenth St.
Bulkley and Company, R. G., 1660 Stout St.
♦Bullock, Calvin, Colorado National Bank Bldg.
Coughlin and Company, Security Bldg.
Engle, Adams & Company, 650 Seventeenth St.
Garrett-Bromfield & Co., Security Bldg.
International Trust Company, The, 635
Seventeenth St.
Mullen Investment Company, The J. K., 1717
Stout St.
♦Otis & Co., First National Bank Bldg.
I I
Peters, Writer & Christensen, Inc., U. S. National
Bank Bldg.
♦Rollins & Sons Inc., E. H„ Security Bldg.
Scanlan & Co., Earl M„ Colorado Natl. Bk. Bldg.
Sidlo, Simons, Roberts & Co., First National
Bank Bldg.
Sullivan & Company, Security Bldg.
LOVELAND
♦Peters, Writer & Christensen, Inc., 610 Jefferson
St.
PUEBLO
Hutchinson & Company, Thatcher Bldg.
C O N N E C T IC U T
New York Group
BRIDGEPORT
♦Kidder & Co., A. M„ 215 State St.
Trask & Co., Spencer, 872 Main St.
HARTFORD
♦Blair & Co., Inc., 36 Pearl St.
♦Bodell & Co. Inc., 15 Lewis St.
M E M B E R S H IP O F T H E «IN V E S T M E N T BAN K IERS A S SO C IA T IO N O F A M E R IC A
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.
•Harriman Ripley & Co., Incorporated, Hartford
National Bank & Trust Bldg.
•Kidder. Peabody & Co., 36 Pearl St.
•Lee Higginson Corporation, 3.6 Pearl St.
•Paine, Webber & Co., 49 Pearl St.
•Pressprich & Co., R. W., 36 Pearl St.
Putnam & Co., 6 Central Row
•Rothschild & Co., L. F., 36 Pearl St.
•Smith, Barney & Co., 906 Hartford-Aetna Bldg.
•Stone & Webster and Blodget, Inc., 36 Pearl St.
•Trask & Co., Spencer, 49 Pearl St.
•Union Securities Corporation, 75 Pearl St.
Young & Company, Lincoln R., 750 Main St.
MERIDEN
•Kidder & Co., A. M., 30 Colony St.
NEW BRITAIN
•Putnam & Co., 31 W. Main St.
NEW HAVEN
•Bodell & Co. Inc., 205 Church St.
Bradley & Co., Inc., Edward M., 215 Church St.
•Day & Co.. R. L„ 215 Church St.
•Fahnestock & Co., 205 Church St.
•Johnson & Co., R. H„ 109 Church St.
•Paine, Webber & Co., 104 Elm St.
Scranton & Co., Chas. W., 209 Church St.
NEW LONDON
•Scranton & Co., Chas. W., 302 State St.
TORRINGTON
•Fahnestock & Co., 127 Main St.
WATERBURY
♦Scranton & Co., Chas. W., 170 Grand St.
DELAW ARE
Eastern Pennsylvania Group
WILMINGTON
•duPont & Co., Francis I., 1076 du Pont Bldg.
•Rollins & Sons Inc., E. H., Delaware Trust Bldg.
D IS T R IC T O F C O L U M B IA
Southeastern Group
WASHINGTON
Auchincloss, Parker & Redpath, 719 Fifteenth
St., N. W.
Booker & Co., Y. E., American Security Bldg.
•Brown & Sons, Alex., Union Trust Bldg.
Brown, Goodwyn & Olds, American Security Bldg.
•Burr & Company, Inc., Union Trust Bldg.
Ferris Exnicios & Co., Washington Bldg.
Folger, Nolan & Co., Inc., American Security
Bldg.
•Hemphill, Noyes & Co., Shoreham Bldg.
Henderson-Winder Company, Union Trust Bldg.
Johnston, Lemon & Co., Southern Bldg.
Mackall & Co., W. W., Woodward Bldg.
•Mackubin, Legg & Company, Woodward Bldg.
•Merrill Lynch, E. A. Pierce & Cassatt, 17th & H
Sts., N. W.
Robinson, Rohrbaugh & Lukens, Union Trust
Bldg.
•Smith, Barney & Co., 230 Shoreham Bldg.
•Stein Bros. & Boyce, Woodward Bldg.
Waggaman, Brawner & Co., Inc., 1700 Eye St.,
N. W.
Wales & Company, Inc., K. S., 815 Fifteenth St.,
N. W.
F L O R ID A
Southern Group
JACKSONVILLE
Childress and Company, Atlantic National Bank
Annex
MIAMI
•Campbell, McCarty & Company, Inc., 922 Alfred
I. duPont Bldg.
Morrison & Co., A. B., Congress Bldg.
•Nuveen & Co., John, 1118 Alfred I. duPont Bldg.
MIAMI BEACH
•Dabney & Co., F. L„ 605 Lincoln Rd.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
ORLANDO
Leedy, Wheeler & Co., 1 N. Orange Aye.
•Ranson-Davidson Investment Company, The.
O. B. & T. Bldg.
PALM BEACH
Carlberg & Cook, Inc., First National Bank Bldg.
ST. PETERSBURG
Wright & Company, Ed. C., 29 Third St., N.
TAMPA
Arries & Company, D. E., 415 Tampa St.
Kuhn, Morgan & Co., Inc., First National Bank
Bldg.
G E O R G IA
Southern Group
ATLANTA
Courts & Co., 11 Marietta St.,
Equitable Company, The, Trust Company of
Georgia Bldg.
♦Equitable Securities Corporation, First National
Bank Bldg.
Evans & Company, Clement A., First National
Bank Bldg.
Hilsman & Co., Inc., J. H., Citizens & Southern
Bldg.
♦Johnson, Lane, Space & Co., Inc., Citizens &
Southern Bldg.
Milhous, Gaines & Mayes, Inc., Rhodes Haverty
Bldg.
Robinson-Humphrey Company, The, Rhodes
Haverty Bldg.
♦Starkweather & Co., First National Bank Bldg.
Trust Company of Georgia, 15 N. Pryor St., N. E.
AUGUSTA
♦Johnson, Lane, Space & Co., Inc., Herald Bldg.
MACON
♦Courts & Co., 5 5 9 ^ Cherry St.
♦Evans & Company, Clement A., First National
Bank Bldg.
SAVANNAH
Johnson, Lane, Space & Co., Inc., 101 E. Bay St.
♦Trust Company of Georgia, Liberty National
Bank Bldg.
ID A H O
Pacific Northwest Group
BOISE
Sudler, Wegener & Co., Inc., First National Bldg.
IL L IN O IS
Central States Group
AURORA
♦Allyn and Company, Inc., A. C., Merchants
National Bank Bldg
Wortman & Go., G. R., Aurora National Bank
Bldg.
BELLEVILLE
♦Wibbing & Co., O. H., 30 Public Sq.
CHICAGO
Allyn and Company, Inc., A. C., 100 W. Monroe
St. » '
American National Bank and Trust Company of
Chicago, 33 N. LaSalle St!
Ames, Emerich & Co., Inc.. 105 S. La Salle St.
Bacon, Whipple & Co., 135 S. La Salle St.
Baker, Fentress & Company, 208 S. La Saile St.
Baker, Walsh & Company, 29 S. La Salle St.
Ballman & Main, 105 W. Adams St.
♦Bankers Trust Company, 105 S,. La Salle St. (See
Stanley L . Yonce, Correspondent.
Barcus, Kindred & Co., 231 S. La Salle St.
♦Bear Stearns & Co., 9 S. La Salle St.
Becker & Co., Incorporated, A. G., 100 S. La Salle
St.
Blair, Bonner & Company, 135 S. La Salle St.
*Blair Securities Corporation, 135 S. La Salle St.
♦Blyth & Co., Inc., 135 S. La Salle St.
♦Boettcher and Company, 135 S. La Salle St.
♦Bond & Goodwin Incorporated of Illinois, 209 S.
La Salle St.
(Affiliate of Bond & Goodwin Incorporated,
■Boston)
♦Braun, Bosworth & Company, 39 S. La Salle St.
♦Brown, Bennett & Johnson, Inc., 135 S. LaSalle
St.
♦Brown & Sons, Alex., 135 S. La Salle St.
♦Bullock, Calvin, 120 S. La Salle St.
Byllesby and Company, H. M., 135 S. La Salle
St.
♦BRANCH OFFICE
1923
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.
Continental Illinois National Bank and Trust
Company of Chicago, 231 S. La Salle St.
Davis & Co., Paul H„ 10 S. La Salle St.
Dempsey-Detmer & Co., 135 S. La Salle St.
♦Devine & Co., C. J„ 135 S. La Salle St.
,
♦Dickson & Company, R. S., 135 S. La Salle St.
Doyle. O’Connor & Co., 135 S. La Salle St.
Enyart, Van Camp & Co., Inc., 39 S. La Salle St.
♦Fahnestock & Co., 135 S. La Salle St.
Fairman & Co., Fred W., 208 S. La Salle St.
Farwell, Chapman & Co., 208 S. La Salle St.
♦First Boston Corporation, The. 231 S. La Salle St.
• First National Bank of Chicago, The, Dearborn,
Monroe & Clark Sts.
♦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.
♦Goodbody & Co., 135 S. LaSalle St.
♦Hallgarten & Co., 231 S. La Salle St.
♦Harriman Ripley & Co., Incorporated, 135 S.
La Salle St.
Harris, Hall & Company, 111 W. Monroe St.
Harris Trust and Savings Bank, 115 W. Monroe
St.
Harrison & Co., Carter H., 209 S. La Salle St.
Haskell, Scott & Jennings, Inc., 120 S. La Salle
St.
♦Hemphill, Noyes & Co., 231 S. La Salle St.
Hickey & Co., 135 S. La Salle St. .
♦Hornblower & Weeks, 39 S. La Salle St.
Huyck and Company, A. S., 100 W. Monroe St.
Illinois Company of Chicago, The, 231 S. La Salle
St.
♦Jackson & Curtis, 231 S. La Salle St.
Joiner & Co., Inc., T. E., 135 S. La Salle St.
♦Kaiser & Co., 135 S. La Salle St.
♦Kidder, Peabody & Co., 135 S. La Salle St.
Knight, Dickinson & Co., 141 W. Jackson Blvd.
Konsberg & Company, 53 W. Jackson Blvd.
♦Lazard Freres & Co., 135 S. La Salle St.
•Lee Higginson Corporation, 231 S. La Salle St.
♦Lehman Brothers, 231 S. La Salle St.
Martin, Burns & Corbett, Inc., 135 S; LaSalle St.
♦Massachusetts Distributors, Inc., 120 S. La Salle
St.
Mather & Company, Morris, 141 W. Jackson
Blvd.
McMaster Hutchinson & Co., 105 S. La Salle St.
McNear & Company, C. W„ 105 W. Adams St.
♦Mercantile-Commerce Bank and Trust Company,
135 S. La Salle St. (.See Hempstead Washburne, Correspondent.)
♦Merrill Lynch’ E. A. Pierce & Cassatt, 105 W.
Adams St.
♦Milwaukee Company, The, 135 S. La Salle St.
Mitchell, Hutchins & Co., 231 S. La Salle St.
Moffat & Co., 105 S. La Salle St.
Morris & Company, me., Charles K., 135 £¡5.
La Salle St.
♦Moseley & Co., F. S., 135 S. La Salle St.
Nichols, Garrett & Co., 135 S, La Salle St.
Northern Trust Company, The, 50 S. La Salle St.
Nuveen & Co., John, 135 S. La Salle St.
O’Gara & Co.. Alfred, 209 S. La Salle St.
♦Otis & Co., 135 S. La Salle St.
♦Paine, Webber & Co.. 209 S. La Salle St. .
♦Parker Corporation, The, 120 S. La Salle St.
Perry, Spencer & Company, 135 S. La Salle St.
♦Riter & Co., 134 S. La Salle St.
Rogers & Tracy, Inc., 120 S. La Salle St.
•Rollins & Sons Inc., E. H., 231 S. La Salle St.
Ross Securities Co., Thompson, 39 S La Salle St.
♦Salomon Bros. & Hutzler, 231 S. La Salle St.
Seerley & Co., Inc., John J., 105 S. La Salle St.
Selected Investments Company, 135 S. LaSalle St.
♦Shields & Company, 135 S. La Salle St.
Sills, Troxell & Minton, Inc., 209 S. La Salle St.
♦Smith, Barney & Co., 105 W. Adams St.
Speer & Sons Company, H.-C., 135 S. La Salle St.
Stern, Wampler & Co., Inc., 231 S. La Salle St.
♦Stifel, Nicolaus & Co., Inc., 105 W. Adams St.
Stokes, Woolf & Co„ Inc., 105 S. La Salle St.
♦Stone & Webster and Blodget, Inc., 33 S. Clark St.
♦Stranahan, Harris & Company, Inc., 135 S.
La Salle St.
Straus Securities Company, 1-35 S. La Salle St.
♦Washburne, Hempstead, 135 S. La Salle St.,
(Correspondent, Mercantile-Commerce Bank and
Trust Company, St. Louis.)
Webber, Darch & Company, 208 S. La Salle St.
Webber-Simpson & Company, 208 S. La Salle St.
♦Weeden & Co., 135 S. La Salle St.
Welsh, Davis and Company, 135 S. La Salle St.
♦White-Phillips Company, Inc., The, 39 S. La Salle
St.
Wittbold & Co., John, 10 S. La Salle St.
♦Wood, Strothers & Co., 231 S. La Salle St.
Nantis & Co., Inc., F. S„ 120 S. La Salle St.
♦Yonce, Stanley L„ 105 S. La Salle St., (Cor
respondent Bankers Trust Company, New York.)
MONMOUTH
♦Moffat & Co., Inc., D. W., 208 E. Broadway.
PEORIA
♦Allyn and Company, Inc., A. C„ Alliance Life Bldg.
1924
M E M B E R S H IP O F T H E IN V E S T M E N T B A N K E R S A S SO C IA T IO N O F A M E R IC A
I N D IA N A
L O U IS IA N A
M ASSA C H U SETTS
Central States Group
Southern Group
New England Group
FORT WAYNE
Central Securities Corporation, Lincoln Bank
Tower.
NEW ORLEANS
Dane, John, 516 Canal Bank Bldg.
♦Equitable Securities Corporation, Whitney Bank
Bldg.
Hyams, Glas & Carothers, 610 Common St.
Lamar, Kingston & Labouisse, Canal Bank Bldg.
Levy & Rooney, Inc., Whitney Bank Bldg.
♦Merrill Lynch, E. A. Pierce & Cassatt, 205
Carondelet St.
National Bank of Commerce in New Orleans, The,
Baronne & Common Sts.
Nusloch, Baudean & Smith, Hibernia Bank Bldg.
Scharff & Jones, Inc., Whitney Bldg.
Weil & Arnold, Canal Bldg.
Weil & Company, Inc., Union Bldg. Arcade.
White, Dunbar & Co., Inc., Whitney Bank Bldg.
Whitney National Bank of New Orleans, St.
Charles & Gravier Sts.
BOSTON
♦Adams, Mudge & Co., I l l Devonshire St.
♦Allyn and Company, Inc., A. C., 24 Federal St.
♦Ames & Co., Inc., A. E., 50 Congress St.
Baldwin & Company, 30 Federal St.
Ballou, Adams & Company, Inc., 49 Federal St.
♦Bankers Trust Company, 10 Post Office Sq. (See
INDIANAPOLIS
*Blair & Co., Inc., Circle Tower.
•Blyth & Co., Inc., Circle Tower.
♦Davis & Co., Paul H„ Merchants Bank Bldg.
♦Harriman Ripley & Co., Incorporated, Fletcher
Trust Bldg.
♦Hemphill, Noyes & Co., Merchants Bank Bldg.
Indianapolis Bond and Share Corporation, 129 E.
Market St.
•Moseley & Co., F. S.. Circle Tower
♦Straus Securities Company, Circle Tower
SOUTH BEND
Harrison & Austin, Inc., City NationalBankBldg.
McGann Securities Company, Inc., Albert, 111
W. Washington Ave.
SHREVEPORT
Barrow, Leary & Co., 515 Market St.
♦Scharff & Jones, Inc., 513 Market St.
IO W A
Central States Group
CEDAR RAPIDS
♦Quail & Co., Merchants Bank Bldg.
DAVENPORT
Quail & Co., Davenport Bank Bldg.
Vieth, Duncan & Wood, Davenport Bank Bldg.
White-Phillips Company, Inc., The, First Na
tional Bank Bldg.
DES MOINES
♦Allyn and Company, Inc., A. C., Liberty Bldg.
♦Blair, Bonner & Company, Equitable Bldg.
Central National Bank and Trust Company, 314
Fifth St.
♦Central Republic Company, Insurance Exchange
Bldg.
Iowa-Des Moines National Bank & Trust Com
pany, Sixth and Walnut Sts.
Jacldey & Company, Equitable Bldg.
Murdoch, Dearth & White, Inc., Des Moines Bldg.
WATERLOO
♦Allyn and Company, Inc., A. C., Waterloo Bldg.
KANSAS
Southwestern Group
KANSAS CITY
Commercial National Bank of Kansas City, The,
601 Minnesota Ave.
TOPEKA
Estes, Snyder & Company, Inc., 103 E. Tenth St.
WICHITA
Lathrop-Hawk-Herrick Company, Inc., The, First
National Bank Bldg.
Ranson-Davldson Investment Company, The,
Beacon Bldg.
Small-Milburn Company, The, Wheeler-KellyHagny Bldg.
KENTUCKY
Ohio Valley Group
DANVILLE
♦Lyons & Company, W. L., 133 N. Third St.
LEXINGTON
•Hutton & Company, W. E., Hernando Bldg.
♦Lyons & Company, W. L., Lafayette Hotel.
Van Hooser & Company, J. D., 261 W. Short St.
LOUISVILLE
Almsted Brothers, 425 W. Market St.
Bankers Bond Co., Inc., The, Kentucky Home Life
Bldg.
•Blyth & Co., Inc., Kentucky Home Life Bldg.
Hilliard & Son, J. J. B., 419 W. Jefferson St.
Lyons & Company, W. L., 231 S. Fifth St.
Moore & Company, Berwyn T., Marion E. Tay
lor Bldg.
•Stein Bros. & Boyce, Starks Arcade Bldg.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
M A IN E
New England Group
BANGOR
♦Hornblower & Weeks, 2 State St.
Pierce, White & Drummond, Inc., Eastern Trust
Bldg.
PORTLAND
♦Baldwin & Company, Chapman Bldg.
♦Bond & Goodwin Incorporated, 120 Exchange 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.
Payson & Co., H. M„ 93 Exchange St.
♦Putnam & Company, Tnc., F. L., 97 Exchange St.
♦Rollins & Sons Inc., E. H., Bank of Commerce
Bldg.
M ARYLAND
Southeastern Group
BALTIMORE
♦Auchincloss, Parker & Redpath, Mercantile Trust
Bldg.
Baker, Watts & Co., Calvert & Redwood Sts.
Brown & Sons, Alex., 135 East Baltimore St.
♦Byllesby and Company, H. M„ Munsey Bldg.
Cahn & Company, Frank B„ Equitable Bldg.
Daly & Co., Owen, Stock Exchange Bldg.
Equitable Trust Company, The, Calvert & Fay
ette Sts.
Garrett & Sons, Robert. South & Redwood Sts.
♦Harriman Ripley & Co., Incorporated, American
Bldg.
♦Hutton & Company, W. E„ First National Bank
Bldg.
Lanahan & Co., W. W„ Calvert Bldg.
Mackubin, Legg & Company. 222 E. Redwood St.
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., First National Bank
Bldg.
Shriver & Co., Inc., George G., Mercantile Trust
Bldg.
♦Smith, Barney & Co., Redwood & Calvert Sts.
♦Starkweather & Co., Keysei Bldg.
Stein Bros. & Boyce, 6 S. Calvert St.
Trail & Middendorf, Inc., 309 Keyser Bldg.
Williams & Company, Inc., C. T„ Fidelity Bldg.
W. L . Marshall, Jr., Correspondent.)
♦Blair & Co., Inc., 75 Federal St.
♦Blyth & Co., Inc., 75 Federal St.
Bond & Goodwin Incorporated, 30 Federal St.
♦Bullock, Calvin, 10 Post Office Square.
Burgess & Leith ,75 Federal St.
Burr, Gannett & Co., 53 State St.
Chace, Whiteside & Symonds Incorporated, 24
Federal St.
♦Childs and Company, Inc., C. F., 82 Devonshire
St.
♦Clark, Dodge & Co., 70 Federal St.
Coffin & Burr, Inc., 60 State St.
Collins, Breed & Go.. 82 Devonshire St.
Dabney & Co., F. L„ 10 Post Office Sq.
Day & Co., R. L„ 45 Milk St.
♦Devine & Co., C. J., 75 Federal St.
♦Dick & Merle-Smith, 30 State St.
Estabrook & Co., 15 State St.
♦First Boston Corporation, The, 1 Federal St.
♦Goldman, Sachs & Co., 75 Federal St.
♦Graham, Parsons & Co., 10 Post Office Sq.
♦Harriman Ripley & Co., Incorporated, 10 Post
Office Sq.
♦Hayden, Stone & Co., 75 Federal St.
♦Hornblower & Weeks, 60 Congress St.
♦Hutton & Company, W. -E., 75 Federal St.
Jackson & Curtis, 10 Post Office Sq.
*R. H. Johnson & Co., 31 State St.
Kennedy & Co., F. Brittain, 75 Federal St.
♦Kidder, Peabody & Co., 115 Devonshire St.
Additional office at 106 Newbury St.)
t
azard Freres & Co.. 75 Federal St.
♦Lee Higginson Corporation, 50 Federal St.
Lyons & Shafto Incorporated, 75 Federal St.
♦Marshall, W. L., Jr., 10 Post Office Square. (Cor
respondent, Bankers Trust Company, New York.)
Massachusetts Distributors, Inc., 85 Devonshire
St.
♦Merrill Lynch, E. A. Pierce & Cassatt, 24 Federal
St.
Moors & Cabot, 111 Devonshire St.
Moseley & Co., F. S., 50 Congress St.
(Additional office at 10 Post Office Sq.)
♦Murphy & Co., G. M.-P., 35 Congress St.
Newton, Abbe & Company. 60 Federal St.
Paine, Webber & Co., 24 Federal St.
Parker Corporation, The, 1 Court St.
♦Paul & Co., Inc., 50 Congress St.
Perry & Co., Incorporated, Arthur, 31 Milk St.
♦Pressprich & Co., R. W., 201 Devonshire St.
Preston, Moss & Company, 24 Federal St.
Putnam & Company, Inc., F. L„ 77 Franklin St.
♦Rollins & Sons Inc., E. H., 75 Federal St.
♦Rothschild & Co., L. F., 30 State St.
♦Salomon Bros. & Hutzler, 75 Federal St.
♦Shields & Company, 75 Federal St.
♦Smith, Barney & Co., I l l Devonshire St.
Soucy & Co., 49 Federal St.
♦Stone & Webster and Blodget, Inc., 49 Federal
St.
Thornton & Curtis, 24 Federal St.
♦Trask & Co., Spencer, 50 Congress St.
Tucker, Anthony & Co., 74 State St.
Tyler & Company, Inc., 75 Federal St.
♦Union Securities Corporation, 75 Federal St.
Wainwright & Co., H. C., 60 State St.
Washburn Company, Inc., I l l Devonshire St.
♦Weeden & Co., 24 Milk St.
♦White, Weld & Co., I l l Devonshire St.
Whiting, Weeks & Stubbs Incorporated, 36
Federal St.
CAMBRIDGE
♦Jackson & Curtis, Harvard Sq.
LOWELL
♦Kidder, Peabody & Co., 9 Central St.
Cumberland
♦Stein Bros. & Boyce, 16 N. Liberty St.
EASTON
♦Williams & Company, Inc., C. T., Easton Na
tional Bank Bldg.
HAGERSTOWN
♦Mackubin, Legg & Company, Wareham Bldg.
♦Stein Bros. & Boyce, 116 W. Washington St.
♦BRANCH OFFICE
LYNN
♦Jackson & Curtis, 23 Central Ave.
NEW BEDFORD
♦Kidder, Peabody & Co., First National Bank
Bldg.
♦Tucker, Anthony & Co., 20 Market St.
M E M B E R S H IP O F T H E IN V E S T M E N T B A N K E R S A S SO C IA T IO N O F A M E R IC A
SPRINGFIELD
*Blair & Co., Inc., Third National Bank Bldg,
♦uay & 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 & Co., Third National Bank Bldg.
♦Putnam & Company, Inc., F. L., Third National
Bank Bldg.
♦Rollins & Sons Inc., E. H., 1387 Main St.
♦Whiting, Weeks & Stubbs Incorporated, Third
National Bank Bldg.
JACKSON
♦Dominick & Dominick, 120 W. Michigan Ave.
♦Selected Investment Company, 701 National
Bank Bldg.
LANSING
♦Hutton & Company, W. E., 121 W. Michigan
Ave.
Callender, Burke & MacDonald, Fidelity Bank
Bldg. .
♦Childs and Company, Inc., C. F., 15 W. Tenth St.
City National Bank and Trust Company, 18th
St. & Grand Ave.
Commerce Trust Company. Tenth & Walnut Sts.
♦Harris Trust and Savings Bank, 1204 Commerce
Bldg.
(Representative of Investment Department,
Chicago.)
♦Masters, Proctor M., Dwight Bldg. (Correspond
ent, Mercantile-Commerce National Bank and
Trust Company, St. Louis.)
♦Mercantile-Commerce Bank and Trust Company,
Dwight Bldg. (See Proctor M . Masters, Cor
respondents
M IN N E S O T A
WORCESTER
Adams, Mudge & Co., 340 Main St.
♦Lee Higginson Corporation, 16 Norwich St.
♦Paine, Webber & Co., State Mutual Bldg.
♦Trask & Co., Spencer, 340 Main St.
♦Whiting, Weeks & Stubbs Incorporated,JSlater
Bldg.
1925
Minnesota Group
♦Moseley & Co., F. S., R. A. Long Bldg.
Prescott, Wright, Snider Company, 918 Baltimore
Ave.
♦Rollins & Sons Inc., E. H., Land Bank Bldg.
♦Seerley & Co., Inc., John J., 1004 Baltimore Ave.
Stern Brothers & Co., 1015 Baltimore Ave.
♦Straus Securities Company, 504 Land Bank Bldg.
Weltner & Co., A. E., Dwight Bldg.
DULUTH
First and American National Bank of Duluth,
Superior St. & Third Ave., West.
Northern National Bank of Duluth, 304 W.
Superior St.
♦Paine, Webber & Co., Medical Arts Bldg.
♦Wells-Dickey Company, Alworth Bldg.
ST. JOSEPH
M IC H IG A N
Michigan Group
ANN ARBOR
♦Watling, Lerchen & Co., AnnJArbor Trust»Bldg.
DETROIT
Alison & Company, Buhl Bldg.
♦Allyn and Company, Inc., A. C., Buhl Bldg.
Baker, Slmonds & Co., Buhl Bldg.
♦Ballman & Main, Dime Bank Bldg.
♦Blair & Co., Inc., Buhl Bldg.
♦Blyth & Co., Inc., Buhl Bldg.
♦Braun, Bosworth & Company, Penobscot Bldg.
Campbell, McCarty & Company, Inc., Buhl Bldg.
Carey & Co., Matthew, Union Guardian Bldg.
Clayton and Company, 600 Griswold St.
Cray, McFawn &ICo., Ford Bldg.
Crouse & Company, Penobscot Bldg.
First of Michigan Corporation, Buhl Bldg.
♦Harriman Ripley & Co., Incorporated, Penobscot
Bldg.
♦Harris Trust and Savings Bank, 1223 Penobscot
Bldg.
(Representative of Investment Department,
Chicago.)
Higble Corporation, Carlton M., Buhl Bldg.
♦Hornblower & Weeks, Penobscot Bldg.
♦Hutton & Company, W. E., 600 Griswold St.
Keane & Company, Penobscot Bldg.
♦Kidder & Co., A. M„ Ford Bldg.
Livingstone & Co., S. R., Penobscot Bldg.
McDonald, Moore & Hayes, Inc., Penobscot Bldg.
♦Merrill Lynch, E. A. Pierce & Cassatt, Buhl Bldg.
Miller, Kenower & Company, Inc., Penobscot
Bldg.,
*Paine, Webber & Co., Penobscot Bldg.
Parcells & Co., Charles A., Penobscot Bldg.
♦Rollins & Sons Inc., E. H., National Bank Bldg.
♦Ryan, Sutherland & Co., 1557 Union Guardian
Bldg.
Sattley & Co., Inc., H. V. Hammond Bldg.
♦Selected Investments Company, Penobscot Bldg.
Small & Co., Sidney R., Penobscot Bldg.
Smith, Hague & Co., Penobscot Bldg.
♦Stranahan, Harris & Company, Inc., Buhl Bldg.
♦Straus Securities Company, Union Guardian
Bldg.
Watkins & Fordon, Inc., Penobscot Bldg.
Watling, Lerchen & Co., Ford Bldg.
(Additional office in Fisher Bldg.)
Wedthoff & Co., Guy G., Ford Bldg.
MINNEAPOLIS
Allison-Williams Company, Northwestern Bank
Bldg.
Ashmun Company, C. S., First National-Soo Line
Bldg.
Bigelow-Webb, Inc., First National-Soo Line Bldg.
Bishop \& Co., M. H„ Thorpe Bldg.
♦Blyth & Co., Inc., Rand Tower
♦Byllesby and Company, H. M., Rand Tower
♦Central Republic Company, Rand Tower
Dain & Company, J. M., Rand Tower
First National Bank and Trust Company, 115 S.
Fifth St.
♦Hemphill, Noyes & Co., Northwestern Bank Bldg.
Jones Co., Geo. C., 560 Northwestern Bank Bldg.
♦Kalman & Company, McKnight Bldg.
♦Mannheimer-Caldwell, Inc., Northwestern Bank
Bldg.
♦Merrill Lynch, E. A. Pierce & C assatt,'704
Marquette Ave.
♦Milwaukee Company, The, First National Bank
Bldg.
Needham & Company, Inc., Rand Tower
Northwestern National Bank and Trust Company
of Minneapolis, Northwestern Bank Bldg.
♦Paine, Webber & Co., Rand Tower
Piper, Jaffray & Hopwood, 115 S. Seventh St.
♦Rollins & Sons Inc., E. H., Northwestern Bank
Bldg.
Thrall West Company, Northwestern Bank Bldg.
Wells-Dickey Company, Metropolitan Bank Bldg.
Wittenberg Merrick Company, Northwestern
Bank Bldg.
Woodard-Elwood & Company, Rand Tower
ST. PAUL
♦Central Republic Company, First National Bank
Bldg.
First National Bank of Saint Paul, The, Fourth &
Minnesota Sts.
Gates & Co., Stanley, 345 Robert St.
Greenman & Cook, Inc., First National Bank
Bldg.
Kalman &JCompany, 144 Endicott Bldg.
Mannheimer-Caldwell, Inc., First National Bank
Bldg.'i
*Nuveen*& Co., John, First National Bank Bldg.
♦Paine, Webber & Co., Pioneer Bldg.
♦Riter & Co., Pioneer Bldg.
♦Wells-Dickey Company, Endicott Bldg.
Wood & Company, Harold E„ First National
Bank Bldg.
M IS S IS S IP P I
Southwestern Group
First Trust Company, The, Fourth & Felix Sts.
ST. LOUIS
M ississippi Valley Group
Bitting & Co., 316 N. Eighth St.
Bitting, Jones & Co., Inc., 411 N. Seventh St.
♦Blair & Co., Inc., Boatmen’s Bank Bldg.
Boatmen’s National Bank, The, 300 N. Broadway.
Bramman-Schmidt-Busch, Inc., Boatmen’s Bank
Bldg.
♦Bullock. Calvin, Security Bldg.
♦Central Republic Company, 417 Security Bldg.
♦Childs and Company, Inc., C. F., 314 N. Broad
way.
Crago, Smith & Canavan, 820 Security Bldg.
♦Devine & Co., C. J., 314 N. Broadway.
♦First Boston Corporation. The, 314 N. Broadway.
Francis, Bro. & Co., 222 N. Fourth St.
Giger and Company, 211 N. Fourth St.
♦Goldman, Sachs & Co., Boatmen’s Bank Bldg.
♦Harris Trust and Savings Bank, 919 National
Bank of Commerce Bldg.
(Representative of Investment Department,
Chicago.)
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 St.
♦Murdoch, Dearth & White, Inc., Boatmen’s Bank
Bldg.
Newhard, Cook & Co., 400 Olive St.
Reinholdt & Gardner, 400 Locust St.
♦Rollins & Sons Inc., E. H„ 314 N. Broadway.
Ruppert & Company, Inc., H. L., 400 Pine St..
Simon & Co., I. M., 315 N. Fourth St.
Smith, Moore & Co., 509 Olive St.
Stifel, Nicolaus & Co., Inc., 314 N. Broadway
Stix & Co., 509 Olive St.
Taussig, Day & Company, Inc., Boatmen’s Bank
Bldg.
Theis & Sons, Inc., Albert, 410 Olive St.
Walker & Co., G. H., 503 Locust St.
Whitaker & Company, Fourth & Olive Sts.
Wibbing & Co., O. H., Security Bldg.
Southern Group
FLINT
♦Allyn and Company, Inc., A. C., Genesee Bank
Bldg.
JACKSON
♦Scharff & Jones, Inc., Lamar Life Bldg.
♦Weil & Arnold, Lamar Life Bldg.
N EBR ASK A
M IS S O U R I
GRAND RAPIDS
♦First of Michigan Corporation, First National
Bank Bldg.
♦McDonald, Moore & Hayes, Inc., First National
. Bank Bldg.
Pâine, Webber & Go.,Peoples NationalBankBldg.
♦Rollins & Sons, Inc., E. H., 60 Monroe Ave.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Central States Group
KANSAS CITY
LINCOLN
Southwestern Group
♦Burns, Potter & Company, Stuart Bldg.
First Trust Company of Lincoln, The, Tenth &
O Sts.
♦Wachob-Bender Corporation, Lincoln Liberty
Life Bldg.
•Allyn and Company, Inc., A. C., 1012 Baltimore
Ave.
Baum Bernheimer Company, 1016 Baltimore Are.
•BRANCH OFFICE
M E M B E R S H IP O F T H E IN V E S T M E N T B A N K E R S A SSO C IA T IO N OF A M E R IC A
1926
OMAHA
♦Afiyn and Company, Inc., A. C„ Insurance Bldg.
Burns, Potter & Company, 202 S. Seventeenth
St.
♦Byllesby and Company, H. M„ Farnam Bldg.
♦Central Republic Company, Insurance Bldg.
Greenway & Company, Farnam Bldg.
Hall and Company, Inc., Ware, First National
Bank Bldg.
♦Kirkpatrick-Pettis Company, Omaha National
Bank Bldg.
National Company of Omaha, The, First National
Bank Bldg.
♦Stern Brothers & Co., Insurance Bldg.
Wachob-Bender Corporation, 210-212 S. Seven
teenth St.
BINGHAMTON
♦Bonbright & Co., George D. B., 97 Collier St.
BUFFALO
♦Amott, Baker & Co. Incorporated, 298 Main St.
♦Blair & Co., Inc., Ellicott Square Bldg.
♦Bonbright & Co., George D. B., Rand Bldg.
♦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.
♦Moseley & Co., F. S., 50 Congress St.
Schoellkopf, Hutton & Pomeroy, Inc., 70 Niagara
S t.
N E W H A M P S H IR E
Union Securities Corporation, Liberty Bank Bldg.
New England Group
CONCORD
♦Rollins & Sons Inc., E. H., 4 School St.
KEENE
♦Wainwright & Co., H. C., 37 Main St.
MANCHESTER
•Rollins & Sons Inc. E. H., Amoskeag Bank Bldg.
ELMIRA
♦Jackson & Curtis, Keeney Theatre Bldg.
♦Loeb, Rhoades & Co., Carl M., 125 Lake St.
♦Manufacturers and Traders Trust Company,
501 Hulett Bldg.
GLENS FALLS
♦Trask & Co., Spencer, Queensbury Hotel
HORNELL
♦Loib, Rhoades & Co., Carl M., 43 Broadway.
N E W JE R SE Y
New York Group
ASBURY PARK
•McDonnell & Co.. Berkeley Carteret Hotel
ITHACA
♦Loeb, Rhoades & Co., Carl M., First National
Bank Bldg.
EAST ORANGE
♦Reynolds & Co., 22 Prospect St.
MIDDLETOWN
♦Loeb, Rhoades & Co., Carl M., 26 North St.
JERSEY CITY
Bullock, Calvin, 921 Bergen Ave.
♦Distributors Group, Incorporated, 1 Exchange PI.
♦Eberstadt & Co., Inc., F., 15 Exchange Pi.
♦Lord, Abbett & Co., Inc., 1 Exchange PI.
♦Massachusetts Distributors, Inc., 15 Exchange
PI.
♦Nickerson & Co., Inc., John, 15 Exchange PI.
MORRISTOWN
•Reynolds & Co., Park Square Bldg.
NEWARK
♦Boenning & Co., 744 Broad St.
♦Carroll & Co., John B., 24 Commerce St.
♦Clark, Dodge & Co., 744 Broad St.
Colyer, Robinson & Company, Inc., 1180 Ray
mond Blvd.
♦Kean, Taylor & Cò., 744 Broad St.
♦Minsch, Monell & Co., Inc., 790 Broad St.
Rippel, Inc., Julius A., 744 Broad St.
Van Deventer Brothers, Inc., 24 Commerce St.
TRENTON
♦Butcher & Sherrerd, 410 Broad Street Bank Bldg.
♦Graham, Parsons & Co., Broad Street Bank Bldg.
♦Hemphill, Noyes & Co., Stacy-Trent Hotel.
♦Robinson, Miller & Co., Inc., 15 W. State St.
NEW
YORK
New York Group
ALBANY
Cooley & Co., Inc., George R., 100 State St.
♦Hemphill, Noyes & Co.. Ten Eyck Bldg.
♦Johnson & Co., R. H., Home Savings Bank Bldg.
♦Kidder, Peabody & Co., 75 State St.
♦Manufacturers and Traders Trust Company
142 State St.
♦Marks & Co., Laurence M., 75 State St.
♦Rollins & Sons Inc,, E. H., 75 State St.
♦Smith, Barney & Co., 90 State St.
♦Trask & Co., Spencer, State Bank Bldg.
♦Young & Company, Inc., F. J„ 90 State St.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
NEW YORK CITY
Adams, McEntee & Co., Inc., 40 Wall St.
Allen & Company, H. L., 100 Broadway
♦Allyn and Company, Inc., A. C., 40 Wall St.
♦Ames & Go., Inc., A. E., 2 Wall St.
(Affiliate of A . E . Ames & Co., Limited, Toronto)
Amott, Baker & Co. Incorporated, 150 Broadway
♦Auchincloss. Parker & Redpath, 52 Wall St.
Bacon, Stevenson & Co., 39 Broadway
♦Bank of Montreal, Agency, 64 Wall St.
(.Agency of B ank of Montreal, Head Office,
Montreal)
♦Bankamerica Company, 76 Beaver St.
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.
Bergen, John J., 40 Wall St.
Blair & Co., Inc., 44 Wall St.
♦Blyth & Co., Inc., 14 Wall St.
♦Bodeil & Co., Inc., I l l Broadway.
♦Boettcher and Company, 52 Wall St.
Bonbright & Company, Incorporated, 80 Broad
way.
'
♦Bonbright & Co., George D. B., 115 Broadway
♦Bond & Goodwin Incorporated, 63 Wall St.
Bristol & Willett, 115 Broadway
♦Brown & Sons, Alex., 2 Wall St.
Brown, Bennett & Johnson, Inc., 30 Broad St.
♦Bullock, Calvin, 1 Wall St.
Burley & Company, 115 Broadway
Burr & Company, Inc., 57 William St.
♦Bydesby and Company, H. M„ 111 Broadway
Campbell, Phelps & Co., Inc., 70 Pine St.
Carroll & Co., John B., 70 Pine St.
♦Central Republic Company, 14 Wall St.
♦Chaplin & Company, 52 Broadway
Chase National Bank of the City of New York,
The, 18 Pine St.
Chemical Bank & Trust Company. 165 Broadway
♦Childs and Company, Inc., C. F., 1 Wall St.
Childs, Jeffries & Thorndike, Inc., 50 Broadway
. Clark. Dodge & Co., 61 Wall St.
Clarke & Co., Inc., Richard W., 17 E. 42nd St.
♦Coffin & Burr, Inc., 70 Pine 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)
♦BRANCH OFFICE
Downs & Co., Harry. 60 Wall Tower
♦Drexel & Company, 14 Wall St.
duPont & Co., Francis I., 1 Wall St.
Eastman, Dillon & Co.. 15 Broad St.
Eberstadt & Co., Incorporated, F., 39 Broadway
♦Elder & Company, 11 Wall St.
Eldredge & Co., Inc., 40 Wall St.
Emanuel & Co., 50 Pine St.
♦Equitable Securities Corporation, 40 Wall St.
♦Estabrook & Co., 40 Wall St.
Evans. Stillman & Co., 14 Wall St.
Fahnestock & Cò., 1 Wall St.
Fenner and Beane Corporation, 67 Broad St.
Fenton & Company, Incorporated, F. R., I l l
Broadway
First Boston Corporation, The, 100 Broadway
First National Bank of the City of New York,
The, 2 Wall St.
♦First of Michigan Corporation, 1 Wall St.
Fisk & Sons, Inc., Harvey, 40 Wall St.
Fox & Company, P. F., 120 Broadway.
Gary & Partners, Theodore, 21 E. 40th S t.
Gibbons & Company, Inc., Geo. B., 49 Wall St.
Glore, Forgan & Co., 38 Wall St.
Goldman. Sachs & Co.. 30 Pine St.
Goodbody & Co., 115 Broadway.
♦Graham, Parsons & Co., 14 Wall St.
Granbery, Marache & Lòrd, 120 Broadway
Green, Ellis & Anderson, 100 Broadway
Greene and Company, 37 Wall St.
Guaranty Trust Company of New York, 140
Broadway
Hallgarten & Co., 44 Pine St.
Hannahs, Baffin & Lee, 111 Broadway
Harriman Ripley & Co., Incorporated, 63 Wall St.
♦Harris. Hall & Company, 14 Wall St.
♦Harris Trust and Savings Bank, 14 Wall St.
(Room 2908)
(¿Representatives
Chicago)
of
Investment
Department,
Hatch & Co., Inc., Frederic H., 63 Wall St.
Hayden, Stone & Co., 25 Broad St.
♦Heller, Bruce & Go., 1 Wall St.
Hemphill, Noyes & Co., 15 Broad St.
Herrman & Co., Henry, 52 William St.
Hipkins & Topping, 1 Wall St.
Hornblower & Weeks, 40 Wall St.
♦Hutton & Company. W. E., 14 Wall St.
♦Jackson & Curtis. 115 Broadway
Johnson & Co., R. H., 64 Wall St.
Jones & Co.. Chas. H.. 20Broad St.
Joyce Jr. Co., A. G., 115 Broadway.
♦Kaiser & Co., 40 Wall St.
Kean, Taylor & Co., 14 Wall St.
Keys & Co., C. M., 551 Fifth Ave.
Kidder & Co., A. M., 1 Wall St.
Kidder. Peabody & Co.. 17 Wall St.
(Additional office at 10 E. 45th St.)
♦Kirchofer & Arnold, Inc., 1 Waff St.
Kuhn, Leob & Co., 52 William St.
Ladenburg, Thalmann & Co., 25 Broad St.
Lahey, Fargo & Co., 31 Nassau 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., 67 Waff St.
Loeb, Rhoades & Co., Carl M., 61 Broadway
Lord, Abbett & Co., Inc.. 63 Wall St.
♦Lyons & Shafto Incorporated, 70 Pine St.
♦Mackubin, Legg & Company, 76 Beaver St.
♦Manufacturers and Traders Trust Company, 1
Wall St.
Manufacturers Trust Company, 55 Broad St.
♦Marine Trust Company of Buffalo, The, 120
Broadway
Marks & Co., Laurence M., 49 Wall St.
Maynard, Oakley & Lawrence, 61 Broadway
McDonnell & Co., 120 Broadway
♦McLeod, Young, Weir, Incorporated, 100 Broad
way.
McManus & Company, Joseph, 39 Broadway
♦Mellon Securities Corporation, 14 Wall St.
♦Mercantile-Commerce Bank and Trust Company
14 Wall St. (See W. P . Sharpe, Correspond
ent.)
♦Mericka & Co., Inc., Wm. J., 1 Wall St.
Merrill Lynch, E. A. Pierce & Cassatt, 70 Pine St.
Minsch, Monell & Co., Inc., 115 Broadway
♦Mitchell, Hutchins & Co., 1 Waff St.
Morgan & Co., Incorporated, J. P., 23 Wall St.
Morgan Stanley & Co. Incorporated, 2 Wall St
♦Moseley & Co., F. S., 14 Waff St.
♦Moulton & Company, R. H„ 50 Broadway
Murphy & Co., G. M.-P., I l l Broadway
National City Bank of New York, 55 Wall St.
Neergaard, Miller & Co., 1 Wall St.
Newman Bros. & Worms, 25 Broad St.
New York Trust Company, The, 100 Broadway
Nickerson & Co., Inc., John, 61 Broadway
Novotny, C. G., 120 Broadway.
♦Otis & Co., 120 Broadway
♦Pacific Capital Corporation, 1 Wall St.
♦Paine, Webber & Co., 25 Broad St.
Parrish & Co., 40 Wall St.
♦Paul & Co., Inc., 52 Wall St.
♦Perry & Co., Incorporated, Arthur, 1 Wall St.
Phelps, Fenn & Co.. 39 Broadway
Pizzini & Co., B. W., 52 Broadway
Pressprich & Co., R. W., 68 William St.
♦Rambo, Keen, Close & Kerner, Inc., 50 Broadway
♦Reinholdt & Gardner, 11 Wall St.
Reynolds & Co., 120 Broadway
Riter & Co., 48 Wall St.
■
tÉ
Robinson, Miller & Co., Inc., 52 William St.
Rollins & Sons Inc., E. H., 44 Waff St.
Rothschild & Co., L. F.. 120 Broadway
Salomon Bros. & Hutzler, 60 Wall St.
M E M B E R S H IP O F T H E IN V E S T M E N T B A N K E R S A S SO C IA T IO N O F A M E R IC A
NEW YORK CITY—Continued
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., I l l Broadway
Seligman & Co., J. & W., 65 Broadway.
»Sharpe, W. P., 14 Wall St. (Correspondent, Mer
cantile-Commerce Bank and Trust Company, St.
Louis.)
Shields & Company, 44 Wall St.
• Smith, Barney & Co., 14 Wall St.
GREENSBORO
Burnett and Company, Inc., Oscar, Southeastern
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.
{Additional office at 522 Fifth Ave.)
Smithers & Co., F. S., 30 Broad St.
Starkweather & Co., I l l Broadway
»Stein Bros. & Boyce, 1 Wall St.
Stemmier & Co., 52 William St.
»Stern, Wampler & Co. Inc., 40 Wall St.
Stone & Webster and Blodget, Inc., 90 Broad St.
»Stranahan, Harris & Company. Inc.. 115 Broad
way
»Stroud & Company, Inc., 120 Broadway
Swiss American Corporation, 24 Pine St.
Thomson & McKinnon, 11 Wall St.
Trask & Co., Spencer, 25 Broad St.
♦Tucker, Anthony & Co., 120 Broadway
Union Securities Corporation, 65 Broadway.
Van Alstyne, Noel & Co.. 52 Broadway
»Van Deventer Brothers, Inc., 61 Broadway
Van Ingen & Co., Inc., B. J., 57 William St.
♦Wainwright & Co., H. C., 14 Wall St.
»Walker & Co., G. H„ 1 Wall St.
»Watling, Lerchen & Co., 115 Broadway.
Watson & White, 149 Broadway
»Weeden & Co., 14 Wall St.
Wertheim & Co., 120 Broadway
White & Company, Inc., J. G„ 37 Wall St.
White, Weld & Co., 40 Wall St.
Wilmerding & Co., Inc., 120 Broadway
»Witter & Co., Dean, 14 Wall St.
Wood, Grundy & Co„ Inc., 14 Wall St.
Wood, Low & Co., 63 Wall St.
Wood, Struthers & Co., 20 Pine St.
Young & Company, Inc.. F. J., 52 Wall St.
ONEONTA
*Loeb,'Rhoades & Co., Carl M., 243 Main St.
POUGHKEEPSIE
»Eastman, Dillon & Co., 39 Market St.
ROCHESTER
Bonbright & Co., George D. B., Powers Bldg.
♦Lee Higginson Corporation, Lincoln-Alliance
Bldg.
»Rothschild & Co., L. F., Lincoln-Alliance Bldg.
Sage, Rutty & Company, Inc., 45 Exchange St.
»Schoellkopf, Hutton & Pomeroy, Inc., LincolnAlliance Bldg. .
»Stone & Webster and Blodget, Inc., Reynolds Ar
cade Bldg.
♦Tucker, Anthony & Co., 16 Main St., E.
SCHENECTADY
»Trask & Co., Spencer, 212 State St.
SYRACUSE
»Blair & Co., Inc., State Tower Bldg.
»Harriman Ripley & Co., Incorporated,.Onondaga
Bank Bldg.
»Lee Higginson Corporation, 206 Highland St.
*Loeb, Rhoades & Co., Carl M., 205 State Tower
i Bldg.
»Union Securities Corporation, State Tower Bldg.
UTICA
*Loeb, Rhoades & Co., Carl M., First National
Bank Bldg.
WATERTOWN
*Loeb, Rhoades & Co., Carl M., I l l Stone St.
N O R T H C A R O L IN A
Southeastern Group
CHARLOTTE
Dickson & Company, R. S., Wilder Bldg,
interstate Securities Corporation, 200 S. Tryon
«t.
»Scott, Horner & Mason, Inc,, Johnston Bldg.
DURHAM
»Courts & Co., Trust Bldg.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
WILSON
Branch Banking & Trust Co., 124 Nash St.
WINSTON-SALEM
»Smith, Barney & Co., Pepper Bldg.
Wachovia Bank & Trust Company, Third &
Main Sts.
O H IO
AKRON
Northern Ohio Group
»Jackson & Curtis, Ohio Bldg.
»McDonald-Coolidge & Co., Akron Savings & Loan
Bldg.
»Nelson, Browning & Company, First Central
Tower
1927
»Jackson & Curtis, Union Commerce Bldg.
Johnson, Kase & Co., 308 Euclid Ave.
Joseph & Co.. Inc., Union Commerce Bldg.
McDonald-Coolidge & Co., Union Commerce
Bidg.
■
Mericka & Co., Inc., Wm. J., 925 Euclid Ave.
»Merrill Lynch, E. A. Pierce & Cassatt, 216
Superior St.
Merrill, Turben & Co., Union Commerce Bldg.
Murch & Co., Maynard H„ 925 Euclid Ave.
Murfey & Co., Guardian Bldg.
National City Bank of Cleveland, The, E. Sixth
St. & Euclid Ave.
»Nelson, Browning & Company, Union Commerce
Bldg.
Otis & Co., 216 Superior Ave., N. E.
»Paine, Webber & Co., Terminal Tower Bldg.
»Rollins & Sons Inc., E. H., Union Commerce Bldg.
»Salomon Bros. & Hutzler, 925 Euclid Ave.
Saunders, Stiver & Co., Terminal Tower Bldg.
»Smith, Barney & Co., 925 Euclid Ave.
»Stranahan, Harris & Company, Inc., Hippodrome
Bldg.
COLUMBUS
Ohio Valley Group
BancOhio Securities Company, 51 N. High St.
»Blair & Co., Inc., 51 N. High St.
»First Cleveland Corporation, The, A. I. U. Bldg.
»McDonald-Coolidge & Co., Huntington Bank
Bldg.
»Otis & Co., Huntington National Bank Bldg.
»Paine, Webber & Co. 17 S. High St.
Sweney, Inc., Lówry, 17 S. High St.
CANTON
Northern Ohio Group
DALTON
»McDonald-Coolidge & Co., First National Bank
Bldg.
Ohio Valley Group
CINCINNATI
»Dominick & Dominick, 42 N. Main St.
Feight-Yager & Co.. Inc.. Gas & Electric Bldg.
»Joseph & Co., Inc., Winters Bank Bldg.
»Nelson, Browning & Company, Third Nationa
Bldg.
Ohio Valley Group
Assel, Goetz & Moerlein, Inc., Provident Bank
Bldg.
»BancOhio Securities Company, Union Trust Bldg.
»Braun, Bosworth & Company, Union Central
Bldg.
Breed & Harrison, Inc., First National Bank Bldg.
Brockhaus & Co., Edward, Union Trust Bldg.
Central Trust Company, The, Fourth & Vine Sts.
»Childs and Company, Inc., C. F., Union Trust
Bldg.
»Devine & Co., C. J., First National Bank Bldg.
»Dominick & Dominick, 414 Walnut St.
Field, Richards & Co., Union Central Bldg.
Fifth Third Union Trust Co., The, Fourth &
Walnut Sts.
»First Cleveland Corporation, The, Dixie Ter
minal Bldg.
Hutton & Company, W. E., First National Bank
Bldg.
Lincoln National Bank, Fourth & Vine Sts.
»Lyons & Company,- W. L„ 115 E. Fourth St.
Magnus & Company, Dixie Terminal Bldg.
»McDonald-Coolidge & Co., Mercantile Library
Bldg.
Nelson, Browning & Company, Carew Tower
»Otis & Co., Mercantile Library Bldg.
Provident Savings Bank & Trust Company,, The,
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, Dixie Terminal
Bldg. .
Weil, Roth & Irving Company, The, Dixie Ter
minal Bldg.
CLEVELAND
Northern Ohio Group
Ball, Coons & Company, Union Commerce Bldg.
»BancOhio Securities Company, Union Commerce
Bldg.
Bates & Co., Union Commerce Bldg.
»Blyth & Co., Inc., Union Commerce Bldg.
Central National Bank, 308 Euclid Ave.
»Central Republic Company, Union Commerce
Bldg.
»Childs and Company, Inc., C. F., Union Com
merce Bldg.
Cleveland Trust Company, The, 916 Euclid Ave.
Curtiss, House & Company, Union Commerce
Bldg.
Emerson & Co., Incorporated, H. L., Union Com
merce Bldg.
Fahey, Clark & Co., Union Commerce Bldg.
»Field, Richards & Co., Union Commerce Bldg.
»First Boston Corporation, The, Union Commerce
Bldg.
First Cleveland Corporation, The, National City
Bank Bldg.
Gillis, Russell & Co., Union Commerce Bldg.
»Harriman Ripley & Co., Incorporated, Union
Commerce Bldg.
»Hawley, Shepard & Company, Union Commerce"
Bldg.
Hayden, Miller and Company, Union Commerce
Bldg.
»Hornblower & Weeks, Union Commerce Bldg.
»BRANCH OFFICE
LIMA
Northern Ohio Group
»McDonald-Coolidge & Co., Lima Trust Bldg.
SPRINGFIELD
Ohio Volley Group
»McDonald-Coolidge & Co.,,First National Bldg.
TOLEDO
Northern Ohio Group
Braun, Bosworth & Company, Second Nationa
Bank Bldg.
»First Cleveland Corporation, The, Home Bank
Bldg.
»Otis & Co., 326 Spitzer Bldg.
Prudden & Company, Inc., Ohio Bldg.
Ryan, Sutherland & Co., Ohio Bldg.
Stranahan, Harris & Company, Inc., Ohio Bldg.
YOUNGSTOWN
Northern Ohio Group .
»Singer, Deane & Scribner, Union National Bank
Bldg.
OKLAHOM A
Southwesterri Group
OKLAHOMA CITY
Edwards, Inc., R. J., Terminal Bldg.
Honnold, C. Edgar, 120 N. Robinson St.
TULSA
»Francis, Bro. & Co., Kennedy Bldg,
»Small-Milburn Company, The, Kennedy Bldg.
OREGON
Pacific Northwest Group
PORTLAND
Adams & Co., E. M., American Bank Bldg.
Blankenship & Gould, Inc., Wilcox Bldg.
»Blyth & Co., Inc., Pacific Bldg.
Camp & Co., Inc., Porter Bldg.
»Conrad, Bruce & Co., 316 S. W. Sixth Ave.
»Ferris & Hardgrove, Wilcox Bldg.
First National Bank of Portland, Fifth & Stark
Sts.
Hemphill, Fenton & Campbell, Inc., Porter Bldg.
»Merrill Lynch, E. A. Pierce & Cassatt, 400 S. W.
Broadway
Warrens, Bosch & Floan, Porter Bldg.
»Witter & Co., Dean, 425 S. W. Sixth Ave. .
M E M B E R S H IP O F T H E IN V E S T M E N T B A N K E R S A S SO C IA T IO N O F A M E R IC A
1928
P E N N S Y L V A N IA
ALLENTOWN
Eastern Pennsylvania Group
♦Reynolds & Co., Americus Hotel Bldg.
♦Smith, Barney & Co., Dime Trust Bldg.
ALTOONA
Western Pennsylvania Group
♦Parrish & Co., 11th Aye. and 12th St.
BETHLEHEM
Eastern Pennsylvania Group
♦Elkins, Morris & Co., Odd Fellows Bldg.
♦Rollins & Sons Inc., E. H., Odd Fellows Bldg.
EASTON
Eastern Pennsylvania Group
♦Eastman, Dillon & Co., First National Bank Bldg.
•Lord, Abbott & Co., Inc., First National Bank
Bldg.
♦Riter & Co., 7 Center Square.
♦Harriman Ripley & Co., Incorporated, 1529
Walnut 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.
Investment Registry of America Inc., 1515
Locust St.
♦Jackson & Curtis, Philadelphia National Bank
Bldg.
Janney & Co., 1529 Walnut St.
♦Johnson & Co., R. H„ 1528 Walnut.
♦Kidder, Peabody & Co., 1416 Chestnut St.
Krause, Barrows and Co., Land Title Bldg.
♦Lazard Freres & Co., Girard Trust Company Bldg.
LUley & Co., Packard Bldg.
♦Merrill Lynch, E. A. Pierce & Cassatt, South
Penn Square
♦Murphy & Co., G. M.-P., 123 S. Broad St.
Newbold’s Son & Co., W. H., -1517 Locust St.
♦Paine, Webber & Co., Fidelity-Philadelphia Trust
Bldg.
♦Parrish & Co., 212 So. 15th St.
Paul & Co., Inc., 1420 Walnut St.
Phillips & Co., Samuel K., Packard Bldg.
Rambo, Keen, Close & Kerner, Inc., 1518 Locust
St.
♦Reynolds & Co., Cassatt Bldg.
♦Riter & Co., 1529 Walnut St.
♦Rollins & Sons Inc., E. H., 1528 Walnut St.
Schmidt, Poole & Co., 123 S. Broad St.
Sheridan, Bogan Co., 1616 Walnut St.
♦Smith, Barney & Co., 1411 Chestnut St.
♦Starkweather & Có., Girard Trust Co. 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.
♦Taylor, George F., Packard Bldg. (Correspond
ent, Bankers Trust Company, New York.)
ERIE
Western Pennsylvania Group
♦Otis & Co.„ 206 Marine National Bank Bldg.
♦Shields & Company, Erie Trust Bldg.
HARRISBURG
Eastern Pennsylvania Group
♦Hemphill, Noyes & Co., Penn Harris Hotel
♦Jones & Co., Chas. H„ State Theatre Bldg.
♦Parrish & Co., Telegraph Bldg.
HUNTINGDON
Western Pensylvania Group
♦Elkins, Morris & Co., Penn St.
LANCASTER
Eastern Pennsylvania Group
♦Clark & Co., E. W., Fulton National Bldg.
♦Reynolds & Co., 61 N. Duke St.
‘ PHILADELPHIA
Eastern Pennsylvania Group
♦Allyn and Company, Inc., A. C., Packard Bldg.
♦Amott, Baker & Co. Incorporated, 1528 Walnut
St.
♦Auchincloss, Parker & Redpath, 1421 Chestnut
St.
♦Bankers Trust Company, Packard Bldg. (See
George F. Taylor,. Correspondent.)
Barclay, Moore & Co., 123 S. Broad St.
Battles & Company, Inc., 1528 Walnut St.
Biddle, Whelen & Co., 1606 Walnut St.
Bioren & Co., 1508 Walnut St. .
♦Blair & Co., Inc., 225 S. Fifteenth St.
♦Blyth & Co., Inc., 123 S. Broad St.
Boenning & Co., 1606 Walnut St.
♦Bullock, Calvin. 1416 Chestnut St.
♦Burr & Company, Inc., 1500 Walnut St.
Butcher & Sherrerd, 1500 Walnut St.
♦Byllesby and Company, H. M., Stock Exchange
Bldg.
Chandler & Company, Inc., 1500 Walnut St.
Clark & Co., E. W., 1531 Locust St.,
Clarke & Company, H. Vaughan, 15th & Locust
Sts.
Collings and Company, C. C., 123 S. Broad St.
♦Devine & Co., 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., 225 S. 15th St.
Elkins, Morris & Co., Land Title Bldg.
♦First Boston Corporation, The, 1616 Walnut St.
Freeman & Co., Inc., M. M„ Packard Bldg.
•Goldman, Sachs & Co., 1416 Chestnut St.
Graham, Parsons & Co., 1421 Chestnut St.
Harper & Turner, Inc., Stock Exchange Bldg.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Thayer, Baker & Co., 16 S. Broad St.
♦Trask & Co., Spencer, Packard Bldg.
♦Tucker, Anthony & Co., 123 S. Broad St.
Tyson Co., Warren A., 1528 Walnut St.
♦Van Alstyne, Noel & Co., 1500 Walnut St.
Wurts, Dulles & Co., 1416 Chestnut St.
Yarriall & Co., 1528 Walnut St.
♦Young & Company, Inc., F. J., 1616 Walnut St.
SCRANTON
Eastern Pennsylvania Group
♦Green, Ellis & Anderson, Scranton Life Bldg.
♦Hallgarten & Co., First National Bank Bldg.
♦Reynolds & Co., 516 Spruce St.
♦Rollins & Sons Inc., E. H., First National Bank
Bldg.
♦Smith, Barney & Co., 604 First National Bank
Bldg.
SHARON
Western Pennsylvania Group
♦Grubbs, Scott & Company, First National Bank
Bldg.
SUNBURY
Eastern Pennsylvania Group
Drass & Company, J. H., 231 Market Sq.
WILKES-BARRE
Eastern Pennsylvania Group
♦Auchincloss, Parker & Redpath, Miners Bank
Bldg.
♦Green, Ellis & Anderson, Miners Bank Bldg.
♦Rollins & Sons Inc., E. H., Second National Bank
Bldg.
♦Swain & Company, Inc., Brooks Bldg.
WILLIAMSPORT
Eastern Pennsylvania Group
♦Rollins & Sons Inc., Susquehanna Trust Bldg.
YORK
Eastern Pennsylvania Group
♦Clark & Co., E. W., 22 S. George St.
♦Reynolds & Co., Cassatt Bldg.
♦Stein Bros. & Boyce, 31 Market St.
PITTSBURGH
Western Pennsylvania Group
Applegate, Geo. G., Commonwealth Bldg.
Bear & Company, S. Lee, Union Trust Bldg.
♦Blair & Co., Inc., Oliver Bldg.
♦Blyth & Co., Inc., First National Bank Bldg.
♦Byllesby and Company, H. M., Union Trust
Bldg.
Chaplin & Company, 419 Wood St.
♦Childs and Company, Inc., C. F., 439 Fifth'Ave.
Cunningham & Co., Inc., S. K., Commonwealth
Bldg.
♦First Boston Corporation, The, Farmers Bank
Bldg.
First National Bank at Pittsburgh, Fifth Ave. &
Wood St.
Glover & MacGregor, Inc., Union Trust Bldg.
♦Graham, Parsons & Co., Union Trust Bldg.
♦Green, Ellis & Anderson, Commonwealth Bldg.
Grubbs. Scott & Company, Union Trust Bldg.
♦Harriman Ripley & Co., Incorporated, Union
Trust Bldg.
♦Hemphill, Noyes & Co., First National Bank
Bldg.
♦Janney & Co., Park Bldg.
Kay, Richards & Company, Union Trust Bldg.
(Additional offices in Oliver Bldg, and Medical
Arts Bldg.)
Masten & Company, A. E., First National Bank
Bldg.
McJunkin, Patton & Company, Commonwealth
Bldg.
Mellon Securities Corporation, 525 William Penn
PI.
♦Merrill Lynch, E. A. Pierce & Cassatt, Union
Trust Bldg.
Moore, Leonard & Lynch, Union Trust Bldg.
♦Parrish & Co., 235 Fourth Ave.
Peoples-Pittsburgh Trust Company, Fourth Ave.
& Wood St.
♦Rollins & Sons Inc., E. H„ Grant Bldg.
Scott & Company, James H., Union Trust Bldg.
Singer, Deane & Scribner, Union Trust Bldg.
Thomas & Company, Union Trust Bldg.
Union Trust Company of Pittsburgh, The, Union
Trust Bldg.
Ward & Co., Norman, Grant Bldg.
Young & Co., Inc., People Bank Bldg.
POTTSVILLE
Eastern Pennsylvania Group
♦ClUrk & Co., E. W., Schuylkill Trust Bldg.
♦Parrish & Co., Schuylkill Trust Bldg.
R H O D E IS L A N D
New England Group
NEWPORT
♦Kidder, Peabody & Co., 33 Bellevue Ave.
PROVIDENCE
♦Blyth & Co., Inc., I l l Westminster St.
Bodell & Co., Inc., 32 Custom House St.
♦Estabrook & Co., 15 Westminster St.
♦First Boston Corporation, The, Hospital Trust
Bldg.
♦Harriman Ripley & Co., Incorporated, Hospital
Trust Bldg.
♦Hornblower & Weeks, 10 Weybosset St.
♦Jackson & Curtis, Hospital Trust Bldg.
♦Kidder, Peabody & Co., 10 Weybosset St.
MacColl, Fraser & Co., Hospital Trust Bldg.
Miller & George, Hospital Trust Bldg.
♦Paine, Webber & Co., Hospital Trust Bldg.
♦Perry & Co., Incorporated, Arthur, Hospital
Trust Bldg.
♦Putnam & Company, me., F. L., Hospital Trust
Bldg.
♦Rollins & Sons Inc. E. H„ Turks Head Bldg.
♦Starkweather & Co., Hospital Trust Bldg.
♦Stone & Webster and Blodget, Inc., Turks Head
Bldg.
♦Whiting, Weeks & Stubbs Incorporated, Hospital
Trust Bldg.
SO U T H C A R O L IN A
Southern Group
CHARLESTON
Frost, Read & Co., Inc., 21 Broad St.
Kinloch, Huger & Company, 26 Broad St.
COLUMBIA
Crawford Co., Inc., G. H., 100 Liberty Life Bidg.
SPARTANBURG
Law & Company, A. M„ Andrews Bldg.
READING
Eastern Pennsylvania Group
♦Clark & Co. .E. W., 515 Penn St.
♦Eastman, Dillon & Co., 605 Washington St.
♦Graham, Parsons & Co., 101 N. Sixth St.
♦Harriman Ripley & Co., Incorporated, Colonial
Trust Bldg.
♦Parrish & Co., Corbin Bldg.
♦Yarnall & *Co., 522 Court St.
♦BRANCH OFFICE
TEN N ESSEE
CHATTANOOGA
Southern Group
♦Courts & Co., Provident Life Bldg.
Elder & Company, 735 Broad St.
♦Equitable Securities Corporation,
Bldg.
Provident
M E M B E R S H IP O F T H E IN V E S T M E N T B A N K E R S A S SO C IA T IO N O F A M E R IC A
KNOXVILLE
Southern Group
VERM ONT
♦Bass & Company, Jack M., Hamilton National
Bank Bldg.
Booker & Davidson, Inc., Hamilton National
Bank Bldg.
•Cumberland Securities Corporation, Hamilton
National Bank Bldg.
•Elder & Company, Fidelity Bank Bldg.
•Equitable Securities Corporation, Hamilton
National Bank Bldg.
New England Group
MEMPHIS
M ississippi Valley Group
•Equitable Securities Corporation, Union Planters
Bank Bldg.
First National Bank of Memphis, 127 Madison
Ave.
Union Planters National Bank & Trust Co., 69
Madison Ave.
NASHVILLE
Southern Group
BURLINGTON
♦Kidder & Co.. A. M.. 162 College St.
CHARLOTTESVILLE
Peoples National Bank, The, Main St.
LYNCHBURG
Scott, Horner & Mason, Inc., Law Bldg.
NORFOLK
Investment Corporation of Norfolk, 215 E.
Plume St.
TEXAS
W A S H IN G T O N
Texas Group
Pacific Northwest Group
EDINBURG
♦Ranson-Davidson Investment Company, The,
Edinburg Hotel Bldg.
FORT WORTH
•Dallas Union Trust Company, Fort Worth
National Bank Bldg.
Edwards & Company, William N„ First National
Bank Bldg.
♦Rauscher, Pierce & Co., Inc., W. T. Waggoner
Bldg..
GALVESTON
Mosle and Moreland, Anico Bldg.
HOUSTON
♦Beckett, Gilbert & Company, Inc., First National
Bank Bldg.
•Fenner and Beane Corporation, Gulf Bldg.
Gregory, Eddleman & Abercrombie, First Na
tional Bank Bldg.
•Mahan, Dittmar & Company, Second National
Bank Bldg.
McClung & Knickerbocker, Inc., First National
Bank Bldg.
Moroney & Co., Espersom Bldg.
Neuhaus & Co., Inc., Union National Bank Bldg.
•Rauscher, Pierce & Co., Inc., Second National
Bank Bldg.
Rotan Co., George V., 806 Rusk Ave.
Snyder and Company, A. W., San Jacinto National Bank Bldg.
Underwood & Co., Milton R„ Gulf Bldg.
White & Co., Chas. B., Second National Bank
Bldg.
SAN ANTONIO
♦Beckett, Gilbert & Company, Inc., Majestic Bldg.
Dewar, Robertson & Pancoast, National Bank of
Commerce Bldg.
Mahan, Dittmar & Company, South Texas Bank
Bldg. .
Pitman & Company, Frost National 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.
Hogle & Co., J. A., 132 Main St.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
WAUSAU
♦Loewi & Go., First American State Bank Bldg.
V IR G IN IA
American National Bank, Fourth & Union Sts.
Bass & Company, Jack M„ 331 Union St.
Commerce Union Bank, 400 Union St.
Cumberland Securities Corporation, 206 Fourth
Avenue North.
♦Elder & Company, Third National Bank Bldg.
Eauitable Securities Corporation, 322 Union St.
Nashville Securities Company, Inc., 416 Union St.
Webster & Gibson, 163 Fourth Avenue North
DALLAS
Beckett, Gilbert & Company, Inc., First National
Bank Bldg.
Callihan & Jackson, Incorporated, Republic Bank
Bldg.
Dallas Union Trust Company, Dallas National
Bank Bldg.
First National Bank in Dallas, 1401 Main St.
Garrett & Co. Inc., First National Bank Bldg.
James, Stayart & Davis, Inc., First National Bank
Bldg.
♦Mahan, Dittmar & Company, Dallas National
Bank Bldg.
Moss, Moore & Cecil, Inc., Kirby Bldg.
O’Neil & Company, Donald. Republic Bank Bldg.
Rauscher, Pierce & Co., Inc., Magnolia Bldg.
Rupe & Son, Dallas, Kirby Bldg.
Walker, Austin & Waggoner, Republic Bank Bldg.
OSHKOSH
♦Wisconsin Company, The, First National Bank
Bldg.
Southeastern Group
RICHMOND
Craigie & Co., F. W., 616 E. Main St.
Davenport & Co.. 1113 E. Main St.
♦Dickson & Company, R. S., Morris Plan Bank
Bldg.
Mason-Hagan, Inc., 1108 E. M ain St.
Richmond Corporation, The, 726 E. Main St.
♦Scott, Horner & Mason, inc., State Planters
Bank Bldg.
Scott & Stringfellow, Mutual Bldg.
AUSTIN
♦Barcus, Kindred & Co., Norwood Bldg.
1929
SEATTLE
♦Blyth & Co., Inc., 1411 Fourth Ave.
Bramhall & Stein, Hoge Bldg.
♦Conrad, Bruce & Co., 1411 Fourth Ave.
Drumheller, Ehrlichman Company, Exchange
Bldg.
Ferris & Hardgrove, Exchange Bldg.
Foster & Marshall, Exchange Bldg.
Grande & Co., Inc., Hoge Bldg.
Harper & Son & Company, Wm. P„ Harper Bldg.
Hemphill Inc., Waldo, 1411 Fourth Ave.
Hughbanks Incorporated, Dexter Horton Bldg.
Huston & Co., Harold H., Hoge Bldg.
Marine National Company, 1100 Second Ave.
Mclnnis, Van Dusen & Co.. Hoge Bldg.
♦Merrill Lynch, E. A. Pierce & Cassatt, 314 Union
St.
Pacific National Bank of Seattle, The, Second
Ave. at Marion St.
Pratt & Company, H. P., Hoge Bldg.
Rogers & Company, Hartley, 1411 Fourth Ave.
Seattle-First National Bank, Second Ave. at
Columbia St.
Seattle Trust and Savings Bank, 804 Second Av6.
♦Witter & Co., Dean, Cobb Bldg.
(Additional office at 820 Second, Ave.)
SPOKANE
♦Blyth & Co., Inc., Old National Bank Bldg.
♦Ferris & Hardgrove, 425 Riverside Ave.
Murphey, Favre & Co., Spokane and EasternBldg.
Nelson and Company, Arthur E.. Paulsen Bldg.
Paine-Rice & Company, Old National Bank Bldg.
Richards & Blum, Inc., 101 N. Wall St.
Spokane and Eastern, Branch of Seattle-First
National Bank, 601 W. Riverside Ave.
TACOMA
♦Ferris & Hardgrove, W. R. Rust Bldg.
♦Witter & Co., Dean, Washington Bldg.
CANADA
B R I T IS H C O L U M B IA
Pacific Northwest Group
VANCOUVER
♦Ames & Co.. Limited, A. E., Royal Trust Bldg.
♦Dominion Securities Corporation Limited, The,
510 Hastings St., W.
♦Wood, Gundy & Company Limited, 744 Hastings
St., W.
VICTORIA
♦Ames & Co.. Limited, A. E., 310 Belmont House
M A N IT O B A
Canadian Group
W INNIPEG
♦Ames & Co., Limited, A. E., Hamilton Bldg.
♦Dominion Securities Corporation Limited, The,
Union Trust Bldg.
♦Wood, Gundy & Company Limited, Victory Bldg.
O N T A R IO
Canadian Group
HAMILTON
♦McLeod, Young, Weir & Co., Ltd., Spectator
Bldg.
♦Wood, Gundy & Company Limited, 1 Main St., H.
LONDON
♦McLeod, Young, Weir & Co., Ltd., Richmond
Bldg.
Midland Securities Limited, Huron & Erie Bldg.
OTTAWA
♦Greenshields & Company, Inc., 140 Wellington
St.
♦McLeod, Young, Weir & Co., Ltd., Ottawa
Electric Bids
♦Wood, Gundy & Company Limited, Victoria
Bldg.
TORONTO
Ames & Co., Limited, A. E., 320 Bay St.
♦Collier, Norris & Henderson, Limited, 320 Bay
St.
Dominion Securities Corporation Limited, The,
15 King St., W.
i
♦Greenshields & Company, Inc., 64 King St., W.
♦Kidder & Co., A. M., 320 Bay St.
McLeod, Young, Weir & Co., Ltd., Metropolitan
Bldg.
♦Midland Securities Limited, Dominion Bank Bldg.
Wood, Gundy & Company Limited, 36 King St.,
W.
W E S T V IR G IN IA
WHEELING
Western Pennsylvania Group
♦Masten & Company, A. E , 1300 Market St.
W IS C O N S IN
Central States Group
LA CROSSE
♦Harrison & Co., Carter H., Stoddard Hotel.
MADISON
♦Wisconsin Company, The, First Central Bldg.
MILWAUKEE
♦Allyn and Company, Inc., A. C., 735 N. Water
St.
Bingham, Sheldon & Co., 735 N. Water St.
♦Central Republic Company, First Wisconsin
National Bank Bldg.
Edgar, Ricker & Co., 207 E. Michigan St.
Fox & Co., Morris F.. 753 N. Water St.
♦Harris, Hall & Company, 229 E. Wisconsin Ave.
Loewi & Co., 225 E. Mason St.
Milwaukee Company, The, 135 W. Wells St.
♦Paine. Webber & Co., 605 N. Broadway.
♦Riter & Co., 110 East Wisconsin Bldg.
♦Rollins & Sons Inc., E. H„ First Wisconsin
National BankBldg.
♦Straus Securities Company, 710 N. Water St.
Wisconsin Company, The, 110 E. Wisconsin Ave.
♦BRANCH OFFICE
QUEBEC
Canadian Group
MONTREAL
♦Ames & Co., Limited, À. E., 360 St. James St., W.
Bank of Montreal, Head Office, 119 St. James St.,
W.
♦Bullock, Ltd., Calvin, Aldred Bldg.
(JBranch o 1Calvin Bullock. Jersey City)
Collier, Norris & Henderson, Limited, 507 Place
¿ ’Armes.
♦Dominick Corporation of Canada, 360 St. James
St., W.
(Corporate affiliate of Dominick & Dominick,
New York)
♦Dominion Securities Corporation Limited, The,
275 St. James St., W.
Greenshields & Company, Inc., 507 Place d’
Armes
♦Kidder & Co., A. M„ 388 St. James St., W.
♦McLeod, Young, Weir & Co., Ltd., 276 St. James
St.
Royal Bank of Canada, The, 360 St. James St., W.
♦Wood, Gundy & Company Limited, 360 St.
James St., W.
QUEBEC
♦Greenshields & Company, Inc., Price House
SHERBROOKE
♦Greenshields & Company, Inc., Sun Life Bldg.
ST O C K E X C H A N G E M E M B E R S
1930
CALIFORNIA
LO S A N G ELES STO CK EXCHANGE
618 So. Spring St.
OFFICERS: McClarty Harbison, President; Harry B. Brooks, 1st Vice-President; Gerald C. Lambert, 2nd Vice-President; George W. Weedon, Jr., Treasurer;
W. G. Paul, Exec. Secretary; Inez Vermillion, Assistant Secretary; Raymond Eller, Assistant Secretary.
MINIMUM COMMISSION RATES
Amended and Effective July 22,1940
The following minimum rates shall apply on all stocks except those com
M inimum Charges on Transactions in All Stocks:
petitive with the New York Stock or Curb Exchanges selling under $3.00
a share.
On stocks selling under $1.00 customer and preferred minimum, $2.50.
CUSTOMER RATE PREFERRED RATE
Per 100 Less than Per 100 Less than
PRICE
Shares 100 Shares Shares 100 Shares
On stocks selling at $1.00 and over customer minimum, $5.00; preferred
Under $1.00..
__
3% of money involved 3% of money involved
13c a share $ 3.75
Pro Rata
At $ 1.00 and under $ 2.00 $ 5.00
m in im u m , $3.75; except on transactions in which the amount of money
“
44
4.50
“
2.00 “
3.00
6.00
involved is $10.00 or more but under $50.00 the minimum charge shall
44
44
7.00
“
3.00 “
9.00
4.00
be $2.50 to each and all.
44
44
8.00
“
4.00 “
5.00
10.00
9.00
6.00
12.00 20c a share
“
5.00 “
• , .44 .
10.00
“
6.00 “
7.00
13.00
On any transaction in which the amount of money involved is less than
44
44
11.00
“
7.00 “
8.00
14.00
44
44
12.00
“
8.00 “
9.00 15.00
$10.00 the commission charge shall be optional with the member.
44
44
13.00
“
9.00 “
10.00
16.00
14.00
“ 10.00 “
20.00
19.00 25c a share
44
44
15.00
“ 20.00 “
30.00 20.00
Commission charges shall be based on 100 share lots in accordance with
tt
it
16.00
“ 30.00 “
40.00
21.00
the commission schedule regardless of trading unit in a stock and the
a
a
50.00
17.00
“ 40.00 “
22.00
charge for an odd lot at any price need never exceed the charge for 100
“ 50.00 “
60.00
23.00 30c a share 18.00
44
44
70.00
19.00
“ 60.00 “
24.00
shares at the same price.
“
4
4
80.00 25.00
20.00
“ 70.00 “
44
44
90.00
21.00
“ 80.00 “
26.00
44
44
100.00
22.00
“ 90.00 “
27.00
44
44
110.00 28.00
23.00
1 100.00 “
4
4
4
4
120.00 29.00
24.00
Application of Preferred Schedule:
“ 110.00 “
44
44
130.00 30.00
25.00
“ 120.00 “
140.00 31.00
26.00
“ 130.00 “
Pro Rata
The preferred rate as set forth may be charged on transactions for the
On stocks selling under $3.00 also traded on the New York Stock or Curb
account of non-members of the Exchange who are:
Exchanges the following minimum rates shall apply:
$1.00
$ .50
Same
1/64 to 2 /32.
Pro Rata
44
2.00
1.00
Over 2/32 and under 8/32.
1. Members of the San Francisco Stock Exchange.
44
3.00
1.50
At 8/32 and under U ____
44
4,4
4.00
3.00
t t $1.00..
“ $1.00 “
2.00..
7.00
5.00
13c
a
share
it
it
*4 3.00..
2. Members of the New York Stock Exchange.
8.00
6.00
“ 2.00 “
Customer 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
3. Approved banks.
pro rata thereof.
Adams-Chadwick Co., 650 S. Spring St.
Akin-Lambert Co., 639 S. Spring St.
Bacon & Co., 256 Montgomery St., San Francisco.
Bankamerica Co., 650 S. Spring St.
Banks, Huntley & Co., 634 S. Spring St.
Barbour, Smith & Company, 210 W. 7th St.
Bateman, Eichler & Co., 453 S. Spring St.
Bayly Brothers, 727 W. 7th St.
Bingham-Walter & Co., 621 S. Spring St.
Bogardus, D. J., 629 S. Spring St.
Brashears, G. & Co., 510 S. Spring St.
California Seaboard Corporation, 634 S. Spring St.
Cass Associates, Quincy, 530 W. 6th St.
Cavanaugh, Morgan & Co., 634 So. Spring St.
Cook, Miller & Co., 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.
Fairman & Co., 650 S. Spring St.
Fastnow, William C., 215 W. 7th St.
MEMBERS
Fewel, Marache & Go., 453 So. Spring St.
Friedlander & Speth, Inc., 650 S. Spring St.
Grant, D. G. Company, 453 S. Spring St.
Graves, Banning & Co., 629 S. Spring St.
Greenwood, Bennett & Co., 6253 Hollywood Blvd.,
Hollywood.
Gregory, R. N. & Co.. 210 W. 7th St.
Hill Richards & Co., 621 So. Spring St.
Hogle. J. A.. & Co., 532 W. 6th St.
Hopkins-Hughey & Co., 609 S. Grand Ave.
Hurry, Hilgers & Co.. 530 W. 6th St.
Hutton, E. F. & Co., 623 S. Spring St.
Jones & Co., William H., 215 W. 6th St..
Kerr & Bell, 629 S. Spring St.
KIDDER, PEABODY & CO., 17 Wall S t., New
York, N. Y.
Laswell & Co., 609 S. Grand Ave.
Lester & Co., 621 So. Spring St.
Lewis, M. H. & Co., 453 S. Spring St.
Longan, Dunn & Philleo, 621 S. Spring St.
Lopez & Co., 914J4 So. Serrano St.
MacLaughlin, Leo G., Co., 54 S. Los Robles Ave.,
Pasadena.
Mason Brothers, 634 S. Spring St.
Miller & Co., Revel, 650 S. Spring St.
Mitchum, Tully & Co., 650 S. Spring St.
Morlan, Malcolm F., 453 S. Spring St.
Morris, A. W. & Co., 325 W. 8th St.
Newland, E. H. & Co., 639 S. Spring St.
O’Donnell, Fred C„ 650 S. Spring St.
O’Melveny-Wagenseller & Durst, 626 S. Spring St.
Pacific Company of California, 623 South Hope St.
Page, Hubbard & Asche, 210 W. 7th St.
Paul, W. G., 618 S. Spring St.
Rath, Howard G. Co., 523 W. 6th St.
Schabarum, Frank A., 634 S. Spring St.
Searl-Merrick Company, 634 S. Spring St.
Staats, Wm. R. Co., 640 South Spring St.
Sutro & Co., 210 W. 7th St.
Walker, M. S., & Co., 125 E. First St., Long Beach.
Wyeth, Hass & Co,, 647 S. Spring St.
S A N F R A N C IS C O S T O C K E X C H A N G E
Officers: George N. Keyston, President;
(Board Room: 155 Sansome St.)
Ronald E. Kaehler, Executive Vice-President;
William Ede, Jr., Vice-President;
The Anglo California National Bank, San Francisco, Treasurer.
MINIMUM RATES OF COMMISSION
on Stocks, Rights and Warrants
(Hereinafter Referred to as Stocks)
Ruth Kapelsky, Secretary.
In Effect July 25, 1940
iOdd Lots ★ Minimu
Per
ON STOCKS SELLING
★ On any individual transaction in stocks, rights and warrants, where the
Charge
Price Per Share
100 Shares Per Share
proceeds are $10.00 or more and less than $50.00, the minimum charge shall
be
$2.50. When the total amount involved is less than $10.00, the minimum
$2.50
_____ 3% of money involved
Under $1.00____
charge may be discretionary with the member.
5.00
13c
At $ 1.00 but under 3 2.00.. _____ $ 5.00
||
5.00
13c
3.00.. _____ 6.00
2.00 “
Orders executed locally in stocks dealt in on the New York Stock Exchange
44 3.00
5.00
13c
4.00.. _____ 9.00
“
or on the New York Curb Exchange shall take the following New York44
5.00
13c
4.00 “
5.00.. _____ 10.00
44
Western rates for such stocks:
5.00
20c
6.00.. _____ 12.00
5.00 “
At 1/64 to 2/32 _______________ .1 _____ $1.00 per 100 shares
5.00
20c
7.00.. _____ 13.00
6.00 “
Over 2/32 and under 8/32....... .......................2.00 “
“
“
5.00
20c
8.00_. _____ 14.00
7.00 “
At 8/32 and under Y2 - - - - ............ - ______ - 3 . 0 0 ...................
5.00
20c
9.00.. _____ 15.00
8.00 “
“
50c I
I
$1.00___
4 . 0 0 ......................
44
5.00
20c
9.00 “
10.00-. _____ 16.00
“ $1.00 “
“ $2.00______
7.00 “ I
44 10.00 “
5.00
25c
20.00. . _____ 19.00
“ $2.00 “
“ $3.00_______________ 8.00 ft I
44 20.00 “
5.00
25c
30.00.. _____ 20.00
5.00
25c
30.00 “
40.00.. _____ 21.00
u m v n ii
Minimum
b u n d »
Charge
5.00
25c
50.00.. ___ _ 22.00
40.00 “
5.00
30c
50.00 “
60.00-. .......... 23.00
Up to $125.00, $10,000 lots $25.00 per $10,000 par value...................$2.50
5.00
30c
60.00 “
70.00.. _____ 24.00
(Odd Lots Pro Rata)
5.00
30c
70.00 “
80.00.. _____ 25.00
At $125.00 and over rates for stocks apply
5.00
30c
90.00-. _____ 26.00
80.00 “
(except that an odd lot is less than $10,000 par value).
44 90.00 “
5.00
30c
100.00-. _____ 27.00
On all shipments of securities for customers (or incident to customers’ pur
5.00
30c
110.00.. _____ 28.00
100.00 “
chases or sales), whether eastbound or westbound, insurance and postage
44 110.00 and over, -..
. . 5.00
shall
be charged to all customers at the following rates:
the commission per 100 shares shall be increased
REGULAR MAIL (RAIL): 15c per $1,000 of market value on non$1.00 for each $10.00 increase in selling price.
negotiable securities with a minimum charge of 30c; 20c per $1,000 m
market value on negotiable securities with a minimum charge of 45c. AIK
THE ODD LOT RATE on stocks selling:
MAIL: 30c per $1,000 of market value on non-negotiable securities with a
At $110.00 but under $130.00 per share, shall be 30c per share.
minimum charge of 50c; 50c per $1,000 of market value on negotiable
“ $130.00 per share and above, shall be a pro rata of the round lot rate.
securities with a minimum charge of 75c. If a member accounts to a custom
er for several orders involving one shipment, the total proceeds may be
^Whenever the commission charge based on the odd lot rate is higher than a
added and the insurance and postage charges may be made on the total
charge for a round lot (100 shares) of the same stock, the latter amount may
proceeds at the rates above specified.
be charged.
Farther Information on firms appearing in bold face type will be found in th e selected list of Investm ent Dealers following bank list in each city»
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
1931
ST O C K E X C H A N G E M E M B E R S
S A N F R A N C IS C O S T O C K E X C H A N G E — C o n tin u ed
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., Montgomery St. at
Columbus Ave.
Atkinson, Douglas G., 50 Post St.
Bacon & Co., 256 Montgomery St.
Bacon, Wm. R., 256 Montgomery St.
Baerwald, Ernst., Suite 12, Mills Bldg.
Baker, H. R. & Co., 2200 Russ Bldg.
•Bankamerica Company, 485 California Street
Barth & Co., J., 482 California St.
Beri, Edwin D„ 256 Montgomery St.
Blessing, Don, 490 California St.
Bolton & Co., Robert C., 486 California St.
Bond, Pierce & Co., 519 California St.
Bond, Paul G„ 519 California St.
Brayton, Harold, 50 Post St.
Brennan, James E., 50 Post St.
Broy, D. M., Russ Bldg.
Buchanan & Co., H. H., 15 E. Santa Clara St.,
San Jose, Calif, and 50 Post St., San Francisco.
Clayburgh, Herbert E., 482 California St.
Coleman, Jr., Robert L„ 133 Montgomery St.
Coons, Milton & Co., 232 Montgomery Sti
Davies & Co., 2800 Russ 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., 519 California St.
Duncan & Co., Calvin E., 519 California St.
Dunn, Frank M., 232 Montgomery St.
Dwyer, Frank M„ 155 Sansome St.
Dwyer & Parrish, 155 Sansome St.
Eastland, Douglass & Co., 317 Montgomery St.
Ede, Jr., William, 569 Russ Bldg.
Ehrman, Jr., Alexis L., 133 Montgomery St.
MEMBERS AND MEMBER FIRMS
•Elworthy & Co., I l l Sutter St.
Epstein, Gustav, 482 California St.
Fay, Jr., Charles W., 155 Sansome St.
Fisher & Co., 351 Montgomery St.
Frankenheimer, B. J., I l l Sutter St.
Greene, Howard J., 407 Montgomery St.
Greenwood, G. M., 1501 Russ Bldg.
Greenwood-Raggio & Co., 1501 Russ Bldg.
Gross, Richard P., Kohl Bldg.
Gross, Richard P. & Co., Kohl Bldg.
Hauck, Joseph, 600 Market Sts
Heintz, Geo. A., 351 Montgomery St. •
Heron, Donald, 604 Kohl Bldg.
Hoelscher, Sherman, 265 Montgomery St.
Holt & Ede, 569 Russ Bldg.
Hooker & Fay, 155 Sansome St.
Hooker, John R., 155 Sansome St.
Howell, James B„ III, 561 Ramona St., Palo Alto.
Jacobsen, Rudolph E., 486 California St.
Johnson, Joseph A., 517 California St.
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.
Lawson, Levy & Williams, 1 Montgomery St.
Leib, William F„ 3014 Russ Bldg.
Leib, O’Connor & Co., 3014 Russ Bldg.
Lewis & Broy, Russ Bldg.
Lundborg, Irving & Co., 604 Kohl Bldg.
Mason Brothers. Central Bank Bldg., Oakland and
1062 Russ Bldg.
Mason, Harold G., Central Bank Bldg., Oakland.
Maxwell, Victor T., 1 Montgomery St.
McNear & Company, 362 Russ Bldg.
McNear, Edward H., 362 Russ Bldg.
Merrill Lynch, E. A. Pierce & Cassatt, 301 Mont
gomery St.
Miller, G. Willard, 45 Montgomery St.
Mitchum, Tully & Co., 405 Montgomery St.
Mitchum, Colis, 405 Montgomery St.
(Associate Members*)
Monasch & Co., 485 California St.
Monasch, Jr., David, 485 California St.
Needham & Co., 561 Ramona St.', Palo Alto.
Norris, Lucius G., 625-A Russ Bldg.
Park, Howard G., Santa Ynez, Calif.
Parrish, Earl T., 155 Sansomé St.
Platt, Robert R., 2800 Russ Bldg.
Purrington, Elwin E., 50 Post St.
Raiss, Carl, & Co., 256 Montgomery St.
Raiss, Louis C., 256 Montgomery St.
Schwartz, Sidney L., 407 Montgomery St.
Shaughnessy, Frank C., & Co., 612 One Eleven
Sutter Bldg.
Shaughnessy, Frank C., 612 One Eleven Sutter
Bldg.
Shaw, Hooker & Co., 1 Montgomery St.
Simon, Richard 0., 482 California St.
Skaggs, C. W., 211 Montgomery St.
♦Staats, Wm. R., Co., 155 Montgomery St.
Stern, John D., & Co., I l l Sutter St.
Strassburger & Co., 133 Montgomery St.
Sutro, Adolph G., 1000 Point Lobos Ave.
Sutro & Company, 407 Montgomery St.
Swift & Co., Henry F., 490 California St.
Traylor, John C., 50 Post St.
Van der Naillen, Ralph E., 317 Montgomery St.
Wade-Lewin Co., 517 California St.
Walston & Co., 265 Montgomery St.
Watson, R. B., 50 Post St.
Wheeler, Rollo C., 1160 Russ Bldg.
Willard, Robert H., 2200 Russ Bldg.
Williams, Harold B., 1 Montgomery St.
Wilson, Francis A., 1112 Russ Bldg.
Woods, Wm. W., 301 Montgomery St.
COLORADO
C O L O R A D O S P R IN G S S T O C K E X C H A N G E
President— William Gray, Mining Exchange Bldg.
Secretary— C. M. Balkam, 418 Mining Exchange Bldg.
(P. 0. Box 196)
RATES OF COMMISSION
Adopted December 31,1925
Under lc per share______ ___________ _______ _.$ .50 per 1,000 shares
.75 per 1,000 shares
At lc and under 2c per share__________________
At 2c and under 5c per share__________________ 1.25 per 1,000 shares
At 5c and under 10c per sh a re ..._______ . . . . . . . . 2.00 per 1,000 shares
At 10c and under 20c per share________________ 3.00 per 1,000 shares
At 20c and under 30c per share..;___________ . . . . 4.00 per 1,000 shares
At 30c and under 40c per share________________ 5.00 per 1,000 shares
At 40c and under 50c per share________________ 6.00 per 1,000 shares
At 50c and under 75c per share________________ 7.50 per 1,000 shares
At 75c and under $1.00 per share________________10.00 per 1,000 shares
At $1.00 and under $2.00 per s h a re .._______
2.00 per 100 shares
At $2.00 and under $3.00 per share____________ 4.00 per 100 shares
At $3.00 and under $5.00 per share____________ 5.50 per 100 shares
At $5.00 and under $10.00 per share___ *_______ 7.50 per 100 shares
•At $10.00 and under $25.00 per share..:________15.00 per 100 shares
At $25.00 and over per share___________. . . ____ 25.00 per 100 shares
(Minimum commission shall not be less than $1.00 on an individual
transaction.)
•Golden Cycle Corp.—20c per share.
Balkam, C. M., 338 First N at’l Bk. Bldg.
Gray, William, Mining Exchange Bldg.
Hopkins, C. D., Mining Exchange Bldg.
Hughes, E. W. & Co., Ex. N at’l Bk. Bldg.
ON B O N D S
(Effective July 17,1934)
$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.
B O A R D -L O T S
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, in which 100 shares consti
tute a board-lot.
100 shares in stocks selling a t $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
Leipheimer, N., Independence Bldg.
Nicholson, W. F„ Mining Ex. Bldg.
Quentin, E. E. & Co., 930 Equitable Bldg., Denver.
Sachs, Henry, First Nat’l Bk. Bldg.
Underwood, J. F., Golden Cycle Bldg.
Young, H. A., Independence Bldg.
Young, R. S., Independence Bldg.
DISTRICT OF COLUMBIA
W A S H IN G T O N S T O C K E X C H A N G E
632 Washington Bldg.
Washington Stock Exchange Officers:
George M. Ferris, Pres.
Harold C. Patterson, «Sec.
Edson B. Olds, V. P .
James Parker Nolan, Tr.
COMMISSION CHARGES
(Effective March 15,1938)
BONDS
Government___! ________ _____ _________ . . . . .
All other bonds___ .__ __ . . . . . ____________ _____
12J^c. per $100
.25c. per $100
STOCKS
Under 5 0 c ......
. l ^ c per share
50c to % ths._.
. 3c per share
Ito
l% ths.
. 5c per share
2 to 4%ths.
. 8c per share
5 to 9%ths.
12c per share
10 to 24Kths.
15c per share
25 to 49%ths.
,20c per share
50 to 74%ths.
25c per share
75 to 99%ths.
37J^c per share,
100 to 109%ths.
.50b per share
For each additional $10 or fraction thereof, 5c additional.
Commissions pn Rights shall be the same as those fixed for stocks.
Fraction shares, M of regular commission.
Minimum charge on transactions amounting to $50 or more, $3.
Under $50, 6% of amount, or $1.50 whichever is higher.
FurtherInformation on firms 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
ST O C K E X C H A N G E M E M B E R S
1932
W A S H IN G T O N S T O C K E X C H A N G E — C o n tin u e d
Anglin, Thos. L., Woodward Bldg.
AucMncloss, Parker & Redpath, 719 15th St.,
N; W.
Booker, Yelverton E., American Security Bldg.
Booker, Y. E., & Company, American Security
Bldg.
m
Brawner, Jno. F., 1700 Eye St., N, W.
Brewer, Jr., Joseph Newton, c/o Robert C. Jones
& Co., Shoreham Bldg.
Brown, Goodwyn and Olds, American Security
Bldg.
Casilear, R. A. (Estate of), Falls Church, Va.
Coe, Wm. C., Woodward Bldg.
Cramer, G. Fenton, 1700 Eye St., N. W.
Dulin, Jr., James C., Hibbs Bldg.
Elgin, James C., Hibbs Bldg.
Erwin .Henry P., Hibbs Bldg., 725 15th St. N. W.
Exnicios, Marshall 0., Washington Bldg.
Ferris Exnicios & Co., Inc., Washington Bldg.
Ferris, George M., Washington Bldg.
Folger, Nolan & Co., Inc., American Security Bldg.
Garrett, George A., 729 15th St., N. W.
Gockeler, C. J., 619 14th St., N. W.
MEMBERS
Golden, Theodore T., American Security Bldg.
Hall, Frank M., Southern Bldg.
Hall .Peters and Bryson, Southern Bldg.
Hibbs, H. B. & Co., Hibbs Bldg.
Hillyer, Edward L., c/o Union Tr. Co., 15th & H
Sts., N. W.
Hoffman. John M., 719—15th St., N. W.
Hume, Charles W., 917-15th St., N. W.
Jacobsen, Charles, 613 15th St., N. W.
Johnston, James M., Southern Bldg.
Johnston, Lemon. & Company, Southern Bldg.,
15th & H Sts., N. W.
Jones, Robert C., Shoreham Bldg., 15th & H Sts.,
N. W. •
Jones & Co., Robert C., Shoreham Bldg., 15th &
H Sts., N. W.
Lemon, James H., Southern Bldg.
Mackall, William W., Woodward Bldg.
Mackall, W. W. & Co., Woodward Bldg.
McKnew & Company, Inc., 719 15th St., N. W.
Merrill, Lynch, E. A. Pierce & Cassatt, 729-15th
St., N. W.
Nees, Bernard J., Southern Bldg.
Nolan, James Parker, American Security Bldg.
O’Brien, Robert Lee, Jr., American Security Bldg.
O’Donnell, James, c/o John M. O’Brien, 610
Insurance Bldg.
Olds, Edson B„ American Security Bldg.
Parker Jr., Chauncey G., 719 15th St., N. W.
Patterson, Harold C., 719 15th St., N. W.
Perry, J. Carl, Hibbs Bldg.
Quail, Myles H „ American Security Bldg.
Robinson, T. Baker, Union Trust Bldg.
Robinson, Rohrbaugh & Lukens, Union Trust Bldg.
Rodler, Paul P., Hibbs Bldg.
Rohrbaugh, Austin B., Union Trust Bldg.
Thoron, Benjamin, 2900 N. St., N. W.
Waggaman, Brawner & Co., Inc., 1700 Eye St.,
N. W.
m
Wales, Kenneth S., 815 15th St., N. W.
Wales & Company, Inc., K. S., 815 15th St., N. W.
Westheimer, Milton F., 320 Munsey Bldg., Balti
more, Md.
Westheimer & Company, 211 E. Redwood St.,
Baltimore, Md.
Wilkins, John F., 1700 Massachusetts Ave., N. W.
HAWAII
H O N O L U LU S T O C K E X C H A N G E
Officers: R. K. Thomas, President: C. M. Cooke, III, Vice-President; Geo. E. Parker, Executive Secretary; Cooke Tr. Co., Ltd., Treasurer.
I
MINIMUM RATES OF COMMISSION
Adopted by
ling below $ 0.10
0.10 and
lling
at
it
it
0.50 “
it
if
1.00 “
it
it
2.00 “
it
tt
3.00 “
it
it
4.00 “
tt
ft
5.00 “
tt
tt
6.00 “
tt
tt
7.00 “
it
it
8.00 “
tt
tt
9.00 “
tt
tt
10.00 “
tt
it
15.00 “
it
tt
20.00 “
tt
tt
25.00 “
it
it
30.00 “
HONOLULU STOCK EXCHANGE
Effective January 28,1939
On stocks, rights and warrants executed locally—listed and unlisted
Selling at
$ 40.00 and under $50.00 0.30
per share
U c per share
tt
it
“
“
“
60.00 0.35
50.00 “
“
“
under $ 0.50 0.01
it
it
0.35
“
“
«
70.00
60.00
“
“
“
«
1.00 0.01
tt
tt
“
“
«
80.00 0.40
70.00 “
“
2.00 0.02
“
“
tt
tt
“
“
“
90.00 0.40
80.00 “
“
3.00 0.04
Wt
“
tt
tt
“
“
« 100.00 0.40
90.00 “
“
“
«
4.00 0.06
it
it
^
of
1%
above
100.00
“
“
“
“
5.00 0.08
“
“
«
6.00 0.10
M inimum Commission Rates on Stocks, Rights and Warrants—
“
7.00 0.12
“
“
When the aiùount involved in the transaction is less than $5.00, the com
“
8.00 0.14
“
“
mission
shall be as mutually agreed. When the amount is $5.00 or more,
“
“
“
9.00 0.16
but less than $10.00, the minimum commission shall be $1.00. When the
“
“
“
10.00 0.18
amount
involved
is $10.00 or more, but less than $50.00, the minimum com
“
“
«
15.00 0.20
mission shall be $2.00. Otherwise, the minimum commission shall be $3.00
“
20.00 0.22
“
“
on
each
individual
transaction.
“
25.00 0 .2 4 '
“
“
On Bonds the minimum commission rate is one quarter of one per cent on
“
“
“
30.00 0.26
par, but not less than 50c.
«
“
“
40.00 0.28
Andrade, Joe, 89 Merchant St.
Bishop Trust Co., Ltd., 1415 King St. Bldg.
Campbell, A. J., Ltd., 79 Merchant St.
Cooke Trust Co., Ltd., 920 Fort St.
MEMBERS
Duisenberg & Co., 114 Merchant St.
Hawaiian Trust Co., Ltd., 120 S. King St.
Love, W. A., P. 0. Box 578.
Rice, Jr., A. H., 227 S. King St.
Walker, Samuel A., 828 Fort St.
Witter, (Dean) & Co., 115 Merchant St.
ILLINOIS
C H IC A G O S T O C K E X C H A N G E
(120 South LaSalle St.)
Michael J. O’Brien, Chairman, Executive Committee;
Sidney L. Parry, Vice-President;
C. R. Bergherm, Assistant Vice-President;
Walter R. Hawes, Secretary;
Carl E. Ogren, Assistant Secretary.
Officers: Arthur M. Betts, Chairman of the Board;
Kenneth L. Smith, President;
Ralph W. Davis, Vice Chairman, Executive Committee;
Martin E. Nelson, Treasurer;
Charles F. Duvall, Assistant Secretary;
RATES OF COMMISSION
ARTICLE XVI
COMMISSIONS
Section 1. Commissions shall be charged and paid under all circum
stances, upon all purchases or sales of securities dealt in upon the Exchange
' wherein a member acts as an agent and shall be absolutely net and free
from all or any rebatement, return, discount or allowance, and no bonus
or any percentage or portion of the commission shall be given, paid or
allowed, directly or indirectly, or as a salary or portion of a salary, to any
clerk or person for business sought or procured for any member of the
Exchange.
When a member acts as a principal in a transaction with a non-member,
the price charged to the non-member shall reflect an amount equal to the
commission prescribed for a similar transaction if made on an agency basis.
Sec. 2. Commissions shall be calculated on the basis hereinafter specified:
BONDS
(a) On bonds, having more than five years to run:
(al) On business for parties not members of the Exchange, Including
Joint account transactions in which a non-member is interested: transactions
for partners not members of the Exchange; and for firms of which the
Exchange member or members are special partners only, the commission
.shall be not less than the following:
As may be mutually agreed upon.
Selling at less than 1% of face
value of principal—
Not less than $1.25 per $1,000 face
Selling at 1% or above but under
value of principal.
10% of face value of principalselling at 10% of face value of ; Not less than $2.50 per $1,000 face
value of principal.
principal and above—
(a2) On business "for members of the Exchange when a principal is not
given up, the commission shall be no t less than the following:
As may be mutually agreed upon.
Selling at less than 1% of face
value of principal-—
Not less than 6 2 ^c per $1,000 face
Selling at 1% or above but under
value of principal.
10% of face value of principalNot less than $1.25 per $1,000 face
selling at 10% of face value of
value of principal.
principal and above—
(a3) On business for members of 1 Exchange when a principal is given
up, the commission shall be not less t n the following:
As may be mutually agreed upon.
Selling at less than 1% of face
value of principal—
Not less than 25c per $1,000 face
Selling at 1% or above but under
value of principal.
10% of face value of principal—
Not less than 373^c per $1,000 face
Selling at 10% of face value of
value of principal.
principal and above—
(b) On securities of the United States, Porto Rico and the Philippine
Islands, and of states, territories and municipalities therein, on business
for members of the Exchange as well as non-members, the restrictions as to
m in i m u m commissions contained in this Article shall not be applicable, dux
the rates to be charged shall be such as may be mutually agreed upon.
(c) On Bonds or Notes of Foreign Countries having five years or less
to run; Bonds, Notes of Corporations having five years or less to run; sucn
rates to members or non-members as may be mutually agreed upon.
Further Information on firms appearing In bold face type wfil be found In the selected list of Investm ent Dealers following bank list In each city*
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
ST O C K E X C H A N G E M E M B E R S
1933
C H IC A G O S T O C K E X C H A N G E — Continu ed
RATES OF COMMISSION—Continued
STOCKS
(f) In transactions where orders are received from a member on which
the clearing member is given up by said member or by his order, the_respon
sibility of collecting the full commission, as specified in paragraphs (a,2),
(b), (c) and (d2) hereof, shall rest with said clearing member. I t shall be the
duty of the broker who executes such orders to report such transactions
to the clearing member and, to bill and collect from it therefor at the rate
specified in paragraphs (a3), (b), (c) and (d3) hereof; and also that where
a broker executes an order for a member and clears the security himself,
he must charge the rates specified in paragraphs (a2), (b), (c) and (d2)
hereof.
(g) The minimum charge for the service of clearing members’ trans
actions shall be not less than the difference between the prescribed minimum
rates for clearance and give-up business in paragraphs (d2) and (d3) of
this section.
(h) The commission rate to non-members and members on stocks which,
pursuant to call or otherwise, are to be redeemed within twelve months shall
be not less than one-half the rates prescribed in Section 2 and Section 3 of
this article.
(d) On Stocks, Rights and Warrants (hereinafter referred to as stocks),
except on called stocks:
(dl) On business for parties not members of the Exchange, including
ioint account transactions in which a non-member is interested; transactions
for partners not members of the Exchange; and for firms of which the
Exchange member or members are special partners only, the commission
shall be not less than the following:
Cents
Per Share
On Stocks Selling
0.1
at 1/256 of $1
0.15
at 1/128 of $1
0.5
at 1/ 64 of $1 and above but under 2/32 of $1
0.5
at 2/ 32 of $1
1
over 2/ 32 of $1 but under 8/32 of $1
1.5
at 8/ 32 of $1 and above but under 1/2 of $1
3
at 1/ 2 of $1 and above but under $1
5
at $1 and above but under $ 2
6
at $2 and above but under $ 3
7at $3 and above but under 3 4
8
at 34 and above but under $ 5
9
at $5 and above but under $ 6
10
at $6 and above but under $ 7
11
at 37 and above but under 3 8
12
at 38 and above but under 3 9
13
at 39 and above but under 310
Sec. 3. The m inim um commission on transactions in stocks for non
members shall:
(a) where the transaction involves less than 35.00, be as mutually
agreed upon;
(b) where the transaction involves 35.00 or more but less than 350.00,
be 6% of such amount or 31.00, whichever is greater; and
(c) where the transaction involves 350.00 or more, be not less than
33.00;
Provided, however, that the commission to be charged on a single order
to buy or sell a stated number of shares of a single security at a single price,
although price changes may be made within the time limit of the order,
shall be calculated on the basis of one order without regard to the number
of transactions involved in the execution of the order; and provided further,
that the commission to be charged on a limited order involving the purchase
or sale of a full lot and an odd-lot of a single security with the regular odd-lot
differential taken into consideration in the price of the odd-lot shall be
calculated on the basis of one order.
(d) Upon business for members of the Exchange the minimum commis
sion on one transaction in stocks shall be $1 upon stocks selling at $10 and
above per share, and 50c upon stocks selling below $10 per share but not
less than $1 per share; except that the commission charged a registered oddlot dealer by an odd-lot agent shall be calculated in accordance with para
graph (d3) of Section 2 of this Article without minimum.
On stocks selling at 310.00 and above, a 13-cent base rate plus one cent
for each 310 of the price per share.
Provided, however, that the minimum commissions on non-member
business shall be not less than as provided in Section 3 of this Article.
(d2) On business for members of the Exchange when a principal is not
given up, the commission shall be not less than the following:
Cents
On Stocks Selling
Per Share
0.05
at 1/256 of 31
0.1
at 1/128 of 31
0.2
at 1/ 64 of 31 and above but under 2/32 of 31
0.375
at 2 /3 2 of 31
0.5
over 2/ 32 of 31 but under 8/32 of 31
0.75
at 8/ 32 of 31 and above but under 1/2 of 31
0.8
at 1/ 2 of 31 and above but under 31
1 .8
at 31 and above but under 310
3.9
at 310 and above but under 350
4 .1
at 350 and above but under 3100
4 .2
at 3100 and above but under 3125
5.3
at 3125 and above
Sec. 4. No suspended member, nor any firm registered on the Exchange
by reason of his membership, shall be entitled to members’ rates during the
t.imft of suspension, except members’ rates may be charged where suspension
has been for insolvency.
Provided, however, that the minimum commissions on individual trans
actions shall be not less than as provided for clearance business in Section 3
of this Article.
(d3) On business for members of the Exchange when a principal is given
up, the commission shall be not less than the following:
Cents
"Per Share
On Stocks Selling
0.05
at 1/256 of 31
0.1
at 1/128 of 31
0.1
at 1/ 64 of $1 and above but under 2/32 of $1
0.25
at 2/ 32 of $1
0.25
over 2/ 32 of 31 but Under 8/32 of $1
0.5
at 8/ 32 of 31 and above but under 1/2 of $1
0.5
at 1/ 2 of $1 but under 31
1.3
at $ 1 and above but under $ 10
2.6
at 3 10 and above but under $ 50
2.7
at 3 50 and above but under 3100
2.8
at 3100 and above but under $125
3.3
at $125 and above
Provided in no case shall the minimum commission be less than as pro
vided for in Section 3 of this Article.
(e) In transactions where orders are received from a non-member, wherein
the broker filling the order is directed to give up another broker or clearing
member, the responsibility of collecting the full commission as specified in
paragraphs (al), (b) and (dl) hereof, shall rest with the broker or clearing
member settling the transaction.
Sec. 5. No agreement or arrangement shall be entered into between a
member or his firm and a customer, whereby special and unusual rates of
interest are stipulated or money advanced upon unusual terms are made a
condition in connection with the conducting of an account, with intent
thereby to give special or unusual advantages to such customer, for the
purpose of securing his business. Mailing charges on securities and the
registration fee under the Securities Exchange Act of 1934 shall be charged
the customer.
Sec. 6. No payment shall be made to customers of the proceeds from
the sale of securities on the day of the sale and before the money is received
by* the broker, unless interest is charged. When securities purchased for a
customer are not paid for by him on the day they are received and paid
for by the broker, interest must be charged from that date to the date of
payment. Where a material or more than nominal loss is sustained, either
through bank exchange or interest, the same must be charged to the cus
tomer; except that bank exchange or interest on all transactions made on a
single day for a single customer, aggregating less than one dollar, need not be
regarded as material and may be waived by the broker.
Sec. 7. Any member wilfully violating this Article, directly or indirectly,
shall, upon conviction, for the first offense, be fined five hundred dollars,
and shall be suspended for a period of not less than three months; and for
the second offense shall be expelled.
Sec. 8. Notwithstanding any of the foregoing provisions, a member
may, at his option, on transactions in securities listed on this Exchange, but
executed on another exchange, of which he is a member, charge the rates
of such other exchange.
MEMBERS
Abbott, Proctor & Paine, 120 Broadway, New
York, N. Y.
Anderson, Robert B.. 1335 E. 52nd St.
Andrew, L. A., Jr., 134 S. La Salle St.
Andrews, E. T. & Co., 64 Pearl St.„Hartford, Conn.
Annan, David H., 141 W. Jackson Blvd.
Apgar, Daniels & Co., 120 S. LaSalle St.
Appleyard, Geo. S., 14 Wall St., New York, N. Y.
Archer, W. K. & Co., 926 Baltimore Ave., Kansas
City, Mo.
Armstrong, Frederick W., 132 W. Monroe St.
Austrian, Harvey S., 141 W. Jackson Blvd.
Avery & Co., 60 Broad St., New York, N. Y.
BACHE, J. S. & CO., 135 S. LaSalle St.
BACON, WHIPPLE & CO., 135 S. LaSalle St.
Baker. Alfred L. & Co.. I l l S. LaSalle St.
Baur, Willis S„ 208 S. LaSalle St.
Bear, Stearns & Co., 9 S. LaSalle St. .
Becker. Paul M., 231 S. LaSalle St.
Bell & Farrell, 119 Monona Ave., Madison, Wis.
Bennett, James E. & Co., 332 S. LaSalle St.
Benson, George B., 135 S. LaSalle St.
Benz, George W., 191 E. Kellogg Blvd., St. Paul,
Minn.
Benz, Herbert G., 191 E. Kellogg Blvd., St. Paul,
Minn.
Bidgood, Clyde H.. 105 W. Adams St.
Blesch, Joseph G., 1546 Sherwin Ave.
Bloommgston, Jno. A., 160 N. LaSalle St.
Blum, Harry H., 630 S. Michigan Ave.
Blumenthal & Ward, 120 S. LaSalle St.
Bodman, Harold C., Hotel Seneca.
Boorman, Earl D., Box 263 M., Menlo Park, Calif.
Boyce, W. Graham, Jr., 1010 St. Paul St., Balti
more. Md.
Boyden, William C., Jr., 135 S. La Salle St.
Brewster, Walter S., 2704 Lake View Ave.
Bridgen, Clarence J.. 209 S. LaSalle St.
Bright, Elmer H., & Co., 84 State St., Boston,
Mass.
Britton, C. W. & Co., Badgerow Bldg., Sioux
City, la.
Brockhaus, Philip W., 208 S. LaSalle St.
Brown Brothers Harriman & Co., 135 S. LaSalle St,
Brown, J. Dorsey. 4306 Greenway. Baltimore. Md.
Brown, Joseph P., 120 S. LaSalle St.
Brown,Sherman J.,10 N.EighthSt.,Richmond,Ind.
Buhler, Walter J., 120 S. LaSalle St.
Burdick, John R., Jr., 208 $■ LaSalle St.
Burmeister, Jno. C., Jr., 141 W. Jackson Blvd.
Byrne, Edward J., 120 S. LaSalle St.
Cahn, Morton D., 120 S . LaSalle St.
Cardona, Raymond, Chicago Athletic Assn., 12 So.
Michigan Ave.,
Carter. Ford R., 120 S. LaSalle St
Cavaney, James A., 332 S. LaSalle St..
Chapin. S. B. & Co., 209 S. LaSalle St.
Clayton, Gilbert M „ 1928 Morse Ave.
Cleary & Co., 120 S. LaSalle St.
Clement, Curtis & Co., 231 S. LaSalle St.
Clucas, E. W.. & Co., 70 Pine St., New York, N. Y.
Coleman, Clarence L., 33 N. La Salle St.
Cook. Charles K.. 40 Wall St.. New York.
Cotton, Earl HZ, 108 S. Field St.; Dallas, Tex.
Further Information on firms appearing in bold face type will be found in the selected list of Investm ent Healers following bank list In each city
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
ST O C K E X C H A N G E M E M B E R S
1934
C H IC A G O S T O C K E X C H A N G E — C o n tin u e d
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., 120 S. LaSalle St.
Daniels, Roy I., 141 W. Jackson Blvd.
Davis, Maurice, 141 W. Jackson Blvd.
Davis, Paul H. & Co., 10 S. LaSalle St.
Derubach, George B., 5901 Kenmore Ave.
D itt, Paul C„ 1119 Bonnie Brae, River Forest, 111.
Doering, Otto O.. 333 N. Michigan Ave.
Doty, Arch O., 105 W. Adams St.
Dougall, Chancellor, 10 S. LaSalle St.
Drake, Lauren J., 2227 E. 70th St.
EDWARDS, A. G. & SONS, 409 N. E ighth S t.,
S t. Louis, Mo.
Eiseman, Lester M., 7010 Paxton Ave.
Ernst & Company, 231 S. LaSalle St.
Fahnestock & Co., 135 S. LaSalle St.
Fairman, Fred W. & Co., 208 S. La Salle St.
Faroll Bros., 141 W. Jackson Blvd.
Farwell, Chapman & Co., 208 S. LaSalle St.
Feicht, Arthur J., 175 W . Jackson Blvd.
Fenner & Beane, 141 W. Jackson Blvd.
Fertig, Leonard J., & Co., 731 Court St., Fort
Wayne, Ind.
Fischer, Robert J., 135 S. LaSalle St.
Forschner, A. J.. 12150 Parnell Ave.
Francis, Bro., & Co., 222 N. 4th St., St. Louis, Mo.
Freehling, Norman & Co., 120 S. LaSalle St.
Friedman, Brokaw & Samish, 711 St. Charles St.,
St. Louis, Mo.
Frommer & Co., 338 N. Capitol St., Indianapolis,
Ind.
Fuller, Cruttendeù & Co., 120 S. LaSalle St.
Fuller, Rodney & Co., 141 W. Jackson Blvd.
Furness, Thomas F., I l l S. LaSalle St.
Fusz-Schmelzle & Co., Boatmen’s Bank Bldg.,
St. Louis, Mo.
Gerwig, Frank L. & Co.; 120 S. LaSalle St.
Gerwig, Harry K., 135 S. LaSalle St.
Gifford, Cedric C., 120 S. LaSalle St.
Gifford, Lewis F., R. F. D. 5, Wooster, O.
Glass, Walter, 135 S. LaSalle St.
Glore, Forgan & Co., 123 S. LaSalle St.
Goodbody & Co., 135 S. LaSalle St.
Granberry & Co., 50 Broadway, New York, N. Y.
Gray, Luman H., 120 Pipestone St., Benton
Harbor, Mich.
Griffin, John J., 120 S. LaSalle St.
Guild, David D. (Est. of), 135 S. LaSalle St.
Kaplan. Robert, 5801 S. State St.
Karasik, Nathan, 337 E. Illinois St.
Kidder, A. M„ & Co., 1 Wall St., New York, N. Y.
Kinsman, Charles E., 245 Claremont St., Elmhurst,
111.
Kirk, Van G., 105 S. La Salle St.
Kirkeby, A. S., The Drake, Lake Shore Drive.
Kissilove & Feinberg, 120 S. LaSalle St.
Laird & Company, Nemours Bldg., Wilmington,
Delà.
Lamborn, Troup & Co., 141 W. Jackson Blvd.
Lamson Bros. & Co., 141 W. Jackson Blvd.
Lancton, William F.. 209 S. LaSalle St.
Langill & Co., 134 S. LaSalle St.
Lehman Bros., 231 S. LaSalle St.
Lippmann, Albert F., 105 S. LaSalle St.
Lizars (Rawson) & Co., 135 S. LaSalle S t.'
Logan, Stuart, 141 W. Jackson Blvd.
Lowitz, E., & Co., 29 Broadway, New York, N. Y.
LYONS, W. L. & CO., 231 So. Fifth St., Louis
ville, Ky.
Magner, Joseph F„ 6333 Wayne Ave.
Masten, A. E., & Co.,: First N at’l Bk. Bldg.,
Pittsburgh, Pa.
McDermott, Francis 0., 120 S. LaSalle St.
McDonald, Frank E. & Co., 120 S. LaSalle St.
McManus & Co., Joseph, 39 Broadway, New York,
N. Y.
McMaster, Stewart, 120 S. LaSalle St.
McMaster, Hutchinson & Co., 105 S. LaSalle St.
Meehan, M. J. & Co., 30 Broad St., New York,
N. Y.
.
'
„
Meffert, William M., 11 Wall St., New York, N. Y.
Merigold & Co., First National Bank Bldg., Osh
kosh, Wis.
Merkle, Frank P., 225 Leicester Rd., Kenilworth,
Merrill Lynch, E. A. Pierce & Cassatt, 105 W.
Adams St.
Meyerhoff, Irving E., 120 S. LaSalle St.
MITCHELL, HUTCHINS & CO., 231S. LaSalle
St.
Molloy, Edward P., 135 S. LaSalle St.
Molloy, John J., 135 S. LaSalle St.
Molyneaux, Thomas F., 332 S. LaSalle St.
Montgomery, Scott & Co., 123 So. Broad St.,
Philadelphia, Pa.
Morse, William H., 231 S. LaSalle St.
MOSELEY, F. S. & CO., 135 S. LaSalle St.
Hachtmann, George E., 10 S. LaSalle St.
Haerther, William W., 22 W. Monroe St.
HALLGARTEN & CO., 120 S. LaSalle St.
Hansen, Howard S., 2523 Central St., Evanston,
111.
Harris, Upham & Co., 135 S. La Salle St.
Harrison, Arthur C., 134 S. LaSalle St.
Harrison, Carter H. & Co., 209 S. LaSalle St.
Hastey, Robert P., 4720 Greenwood Ave.
Hemphill, Noyes & Co., 141 W. Jackson Blvd.
Hentz, H. & Co., 120 S. La Salle St.
Hill & Co., 2020 Carew Tower, Cincinnati, Ohio
Hill, Harvey T., 231 S. La Salle St.
HILLIARD, J. J. B. & SON, 19 W. Jefferson
St., Louisville, Ky.
Holley, Dayton & Gemon, 120 S. LaSalle St.
Hopkins, William L„ 1031 S. Broadway, Los
Angeles, Calif,
JlCXVl „
Homblower & Weeks, 39 S. LaSalle St.
Hoyne, Mellinger & Co., 231 S. LaSalle St.
Hulburd, Warren & Chandler, 208 S. LaSalle St.
Hummer (Wayne) & Co., 105 W. Adams St.
HUTTON, E. F. & CO., 61 Broadway, New
York
Hutton, W. E., & Co., 1st N. Bk. Bldg., Cincinnati,
Ohio.
Hyman, Rae F„ 920 Oxford Ave., Los Angeles,
Calif.
Iverson, Chester S„ 918 Clinton Place, River
Forest, 111.
Jablonski, August I., S. 120 LaSalle St.
Jackson & Curtis, 231 S. LaSalle St.
Jawetz, Charles T., 135 S. LaSalle St.
Jelke (Frazier) & Co., 40 Wall St., New York, N. Y.
Jones, Edward D., & Co., Boatmens Bank Bldg.,
St. Louis, Mo.
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.
Oliphant, Jas. H. & Co.. 209 S. LaSalle St.
Paine, Webber & Co., 209 S. LaSalle St.
Patton, Joseph R. & Co., 120 S. LaSaUe St.
Paulman, Henry, 135 S. LaSalle St.
Peabody, Howard B., 25 N. Franklin St.
Peabody, Stuyvesant, 231 S. La Salle St.
Perrill, (Alger) & Co., 231 S. LaSalle St.
Phillips, Richard W., 120 S. LaSalle St.
PIPER, JAFFRAY & HOPWOOD, 115 So. 7th
St., Minneapolis, Minn.
Prince, F. H. & Co., 15 Westminster St., Provi
dence, R. I.
Purcell, Lawrence N., 2511 Hurd Ave., Evanston,
111.
Quinn, David H., 231 S. LaSalle St.
Redfield, John M., 1018 Ridgedale Dr., Beverly
Hills, Calif.
Reid, Robert H., 10 S. LaSalle St.
REINHOLDT & GARDENER, 400 Locust St.,
St. Louis, Mo.
Renshaw, William B., 231 S. LaSalle St.
Renwick, J. Stewart, 120 S. LaSalle 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.
Roeder, Joseph A.. 20 N. Wacker Drive.
Rogers, Frank E., 10 S. LaSalle St.
Rothschild & Co., 105 W. Adams St.
Sadler & Co., 208 S. LaSalle St.
Sawyer, R. B., 1031 Maple Ave'., Evanston, 111.
Schenck, Robert F., Jr., 5400 Harper Ave.
Schmaltz, James J., 327 S. LaSalle St.
Schroth, Theodore F„ 3 York Drive, St. Louis, Mo.
Schroth, Wilbur H„ 120 S. LaSalle St.
Scobie, David P., 175*W. Jackson Blvd.
Selz, Henry G., 120 S. LaSalle St.
Sharp, Edward L„ 231 S. LaSalle St.
Shearson, Hammill & Co., 208 S. LaSalle St.
Shields & Company, 135 S. LaSalle St.
Sigmann, Robert A., 120 S. LaSalle St.
SIMON, I. M. & CO., 315 N. 4th St., St. Louis,
Mo.
Simpson, James Jr., 1 N. La Salle St.
Sincere & Co., 231 S. LaSalle St.
Smart, R. H. & 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.
Stannard, Frederick J., 120 S. LaSalle St.
Stearns, David P., 2407 Bennett Ave., Evanston.
Stein Bros. & Boyce, 6 S. Calvert St., Baltimore,
Md.
Stein, Irving C., 231 S. LaSalle St.
Sterling, Louis V., 42 Broadway, New York
Stewart, John C., 120 S. LaSalle St.
Strick. Charles A., 135 S. LaSalle St.
Stuart, Harold L., 201 S. LaSalle St
Sturm, Albert F., 953 S. Linden Ave., Highland
Park, 111.
Sutro Bros. & Co., 134 S. LaSalle St.
Swift, Henke & Co., 135 S. LaSalle St.
Talcott, Potter & Co., 141 W. Jackson Blvd.
Teegarden, Frank W., 1235 Cherry St., Winnetka,
111.
Templeton’s Sons, J. S., 141 W. Jackson Blvd.
Thompson, Arthur R., 120 S. LaSalle St.
Thomson & McKinnon, 316 S. LaSalle St.
Thorn, King C., 2117 Lincolnwood Drive, Evans
ton, 111.
Thorson, Gus T„ 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„ 7012 S. Shore Dr.
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.
Watling, Lerchen & Co., Buhl Bldg., Detroit, Mich.
Webster. Marsh & Co., 209 So. LaSalle St.
Webster, Virgil C., 120 S. LaSalle St.
Weil, Herbert M., 120 S. La Salle St.
Weinress & Co., 231 S. LaSalle St.
Wilkinson, Frank R., 209 S. La Salle St.
Williams, Lucian E„ 70 E. Walton PI.
Wilson, Harold C., 7446 Indiana Ave.
Wilson, Hugh H., at David A. Noyes & Co.,
208 S. LaSalle St.
Wilson, Robt. C., 6909 Merrill Ave.
Winthrop, Mitchell & 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, 111.
Wright, Warren, 33 N. LaSalle St.
Further information on firms appearing in bold face type will be found in the selected list of Investm ent Dealers following bank list In each city.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
ST O C K E X C H A N G E M E M B E R S
1935
LOUISIANA
NEW O R LEA N S S T O C K EX CH A N G E
Officers: Robert R. Wolfe, President;
Fred N. Ogden, Vice-President
George P. Gagnet, Jr., Secretary,
RATES OF COMMISSIONS
Established by the New Orleans Stock Exchange.
On U. S. Bonds, $2.50 per $1,000.00.
On State, City, Levee, and all other bonds, $5.00 per $1,000,00.
On all bonds maturing within one year, the commission shall be oneeighth Q/g).
On all bonds maturing.from one to three years, the commission shall be
one-quarter Q4).
ON STOCKS SELLING:
'
Per Share
Under fifty c e n t s ..--------- ---------------------- --------- ..A s mutually agreed
At fifty cents and above, but under $1.00_______Not less than three cents
At $1.00 and up to $10.00______ ____ ___ ; ________
12}^ cents
_
25 cents
At $10.00 and up to $50.00______________ ____ ____ "I
At $50.00 and up to $100.00_____________ .
50 cents
At $100.00 and over...............................................................1% Market price
BANK STOCKS
Selling at $1.00 and up to $75.00 exclusive, 50 cents per share.
Selling at $75.00 and up to $100.00 exclusive, 75 cents per share.
Selling at $100.00 and up to $200.00 exclusive, $1.00 per share.
Selling at $200.00 and over, Ì4 of 1% of market value.
THE MINIMUM CHARGE ON ANY ONE
Airey, T. L„ 816 Union St.
Alcus, S. T., Jr., 603 Whitney Bldg.
Beer & Co., 817 Gravier St.
Brown, Corrigan, 627 Hibernia Bank Bldg.
Clark, Russell, Maritime Bldg.
Corrigan, John P„ 627 Hibernia Bank Bldg.
DANE, JNO., 516 Canal Bank Bldg.
D’Antoni, B. S., 708 American Bank Bldg.
Feibleman, T. J., 210 Carondelet Bldg.
Fenner & Beane, 813 Gravier St.
Fenner, Darwin S., 813 Gravier St.
Huggins. Allen C„ 839 Gravier St.
Hyams, C. H., III., 610 Common St.
Hyams, Glas & Carothers, 610 Common St.
Jones, Larz A., I. C. R. R (Union Station).
James J. Plauche, Treasurer:
Julius M. Reese, Assistant Secretary
To be charged on all Transactions
ON EXCHANGE, THEATRE AND CLUB STOCKS
the commission shall be as follows:
On stocks selling below $200, $5.00 per share.
On stocks selling at $200 and up to $500 exclusive, 214% of market value.
On stocks selling at $500 and up to $2,000 exclusive, 2 ^4% of market.
value with a minimum commission of $25.
On stocks selling at $2,000 and up to $5,000 exclusive, 2% of market
value with a minimum commission of $50.
On stocks selling at $5,000 and up to $10,000 exclusive, $100 per share.
On stocks selling at $10,000 and up to $15,000 exclusive,$150 per share.
■ On stocks selling at $15,000 and up to $20,000 exclusive, $200 per share.
The above commission rates shall apply except in the case of New Orleans
Cotton Exchange shares, which shall bear the following commission rates1 % of the sales price, with minimum of $ 1 0 and a m a x i m u m 0f $ 2 5
Commissions on rental of Exchange stocks shall be $25.00 as a minimum
charge.
TRANSACTION SHALL BE $2.00
MEMBERS
Jones, Larz E., 817 Carondelet Bldg.
Lamar, Kingston & Labouisse, 1605 Canal Bk.
Bldg.
Lamar, L. V., 1605 Canal Bank Bldg.
Liuzza, Philip J., 204 Maritime Bldg.
McLean. Chas. I., Gulf Bldg., Houston, Tex.
Merrill Lynch, E. A. Pierce & Cassatt, Maritime
Bldg.
Nusloch, Geo. H „ 827 Hibernia Bank Bldg.
Nusloch, Baudean & Smith, 827 Hibernia Bk. Bldg.
Ogden, Fred N., 2316 American Bank Bldg.
Plauche, Jas. J., 516 Canal Bank Bldg.
Post & Flagg, Houston, Tex.
Poupart, S. J., 823 Perdido St., (Room 202).
Schulze, C. H., 1831 S. Dupre St.
Schweickhardt, E. R., 708 American Bank Bide
Steinhardt, Jeffrey, N. O. Stock Exchange
Tullis, Craig & Co., 204 Marine Bldg
Tullis, Garner H., 204 Marine Bldg.
Villere, Ernest C., .552 Canal Bank Bldg
Villere & Co., St. Denis J., 552 Canal Bk. Bide
Waters & Alcus, 603 Whitney Bldg.
Wells, Chäs. W., 408 Cotton Exchange Bldg.
Wells & Stanton, 408 Cotton Exchange Bldg
Wheeler & Woolfolk, 404 Whitney Bank Bldg
Wheeler, M. B„ 404 Whitney Bank Bldg
Williams, Geo. E., 817 Gravier St.
Wolfe, Robert R»,£717 Carondelet Bldg.
Woolfolk, J. W„ 404 Whitney Bank Bldg
Woolfolk, Huggins & Shober & Co., 839 Gravier St.
MARYLAND
B A LT IM O R E S T O C K EX CH A N G E
(208 E. Redwood St.)
Officers: Theodore Gould, President
R. L. Thompson, Secretary-Treasurer
F. Grainger Marburg, Acting Vice-President
RATES OF COMMISSION
(Effective October 23, 1939)
Minimum Commissions Per Share on Stocks Selling at Prices
Commission Rates on Stocks traded in on Other Exchanges
Given Below:
NonThe minimum commission rate to non-members on any stock traded in
Members
on the Baltimore Stock Exchange and also on any other National Securi
Under 10c a share . . . _______ ______
ties Exchange may, at the option of the member, be the Baltimore Stock
lc
Exchange
minimum commission rate or the minimum commission rate
At 10c a share and above, but under 50c.
2c
prescribed on such other National Securities Exchange
SS n rate
At 50c a share and above, but under $ 1 3c
Commissions on rights shall be the same as those fixed for stocks
At $1 a share and above, but under $ 4 ..
Minimum Commissions on Bonds Selling at Prices Given Below: -Non5c
At $4 a share and above, but under $ 7 ..
7K c
At 10 ($100 per $1,000 par value) or above
M«T«nrs
At $7 a share and above, but under $ 10 . .
10c
Under 10 ($100 per $1,000 par value). _ .................................
At less than 1 ($10 per $1,000 par value) .............................
62U r
At $10 a share and above, but under $ 3 0 ..
15c
On bonds which will mature in not less than six months‘and'not
At $30 a share and above, but under $50.
20c
more than five years, or are to be redeemed, pursuant to call or
At $50 a share and above, but under $75__ _
25c
otherwise, in not less than six months and not more than twelve
At $75 a share and above, but under $100________________
30c
“ o ^ s - a n d are selling at not less than 96% and not more than
110% of their redemption price, and on bonds which may be
At $100 a share and above, but under $150_____ i_______<___
40c
specifically designated under this paragraph by the Committee
At $150 a share and above, but under $200________ ________
50c
2? rSl? ^ 1!11881011;8 9n4 Quotations, the rate of commission per
At $200 a share and above_____ ___ __________ ____ _____ _
$1,000 of principal shall be not less than
S125
On bonds which will mature in less than six months', or are'to'be
of amount of
redeemed,
pursuant
to
call
or
otherwise,
in
less
than
six
months,
transaction
and are selling at not less than 96% and not more than 110%
Minimum Charge per Transaction.
of their redemption price, and on bonds which may be speci
Notwithstanding the above rates, the minimum commission to be charged
fically designated under this paragraph by the Committee on
¿o a non-member on any completed transaction shall be not less than
Commissions and Quotations, the rate of commissions to mem
$3.00; but if the amount involved in a transaction is less than $50.00,
bers, or non-members shall b e . . . . . __ ______ ______A1utually Agreed
the minimum commission to be charged to a non-member shall be not less
$2
50 minimum commlssion charged on any transaction in bonds shall be
than 6% of the amount involved.
Abell, Walter W., 2nd, 401 Stock Exchange Bldg.
A len, Edw. D., 210 Keyser Bldg.
Allen, Edward D. & Co., 210 Keyser Bldg.
BAKER, WATTS & CO., Calvert and Red
wood Sts.
Baker, Wm. G.. Jr., Calvert and Redwood Sts.
Bell, vernal W., 135 E. Baltimore St.
Binford, Charles T., 10 South St.
Blocher, Thomas S., 210 E. Redwood St.
Block, Simon J., 2Ö1 Keyser Bldg.
Block, Simon J. & Son, 201 Keyser Bldg.
Boyce, C. Prevost, 6 S. Calvert St.
Brown, Alex. & Sons, 135 E. Baltimore St.
Brown, J. Dorsey, 404 Stock Exchange Bldg.
Brown, Philip W„ 14 Wall St., New York, N. Y.
Bruton & Co., 1531 Munsey Bldg.
Bruton, Leonard Marshall, 1531 Munsey Bldg.
Calm & Co., Frank B„ Equitable Bldg.
Carroll, Douglas G„ 407 Stock Exch. Bldg.
Carroll & Co., Douglas G„ 407 Stock Exch. Bldg.
Cassilly, Thos. A., Stock Exchange Bldg.
Corkran, B. Warren, 835 W. University Parkway.
Daly Lee E. 23 South St.
Daly & Co., Owen, 23 South St.
Davies, H. L., 501 Stock Exchange Bldg.
Drewry, Cooper R., Stock Exchange Bldg.
MEMBERS
Duer, Henry L., Stock Exchange Bldg.
Elder, Wm. Voss, Jr., 210 Keyser Bldg.
Evans, Henry C., 6 S. Calvert St.
Filley, Oliver D., 101-3 Stock Exchange Bldg.
Fisher, Frank of J., 10 South St.
Fisher, J. Harmanus & Sons, 10 South St.
Garrett, Robert & Sons, South and Redwood Sts.
Gould, Theodore 405-6 Keyser Bldg.
Griswold, Jr., B. Howell, 135 E. Baltimore St.
Howard, John D„ South and Redwood Sts.
Howard & Co., John D., South and Redwood Sts.
Hutton, W. E. & Co., 1st N. Bk. Bldg.
Iglehart, Joseph A. W., First National Bank Bldg.
Jenkins, T. Courtenay, 10 South St.
Jenkins, Whedbee & Poe, 10 South St.
Johnson, Chas. W L. 508 Stock Exchange Bldg.
Jones, Elisha Riggs, 6 S. Calvert St.
Jones, John Marshall, 225 E. Redwood St.
Jones & Co., John Marshall, 225 E. Redwood St.
Koppelman, Walter, 219-221 E. Redwood St.
Kriegel. Leo. 501 Stock Exchange Bldg.
Lanahan & Co., W. W., Calvert Bldg.
Lanahan, W. Wallace, Calvert Bldg.
Legg, John C., Jr., 222 E. Redwood St.
Leimbacb & Co., 7 St. Paul St.
Leimbach, Walter G., 7 St. Paul St.
Lemoine, Osear M., South and Redwood Sts.
Lockwood, Peck & Co., 708 Keyser Bldg.
Mackubin, George, 222 E. Redwood St.
MACKUBIN, LEGG & CO., 222 E. Redwood St.
Marburg, F. Grainger, 135 E. Baltimore St.
Matthews, T. Stockton, South and Redwood Sts.
Mead, W. Carroll, 511-13 First National Bank
Bldg.
Mead, Irvine & Co., 511-13 First National Bank
Bldg.
Morgan, Shirley C., Equitable Bldg.
Poe, Philip L„ 105-6 Stock Exchange Bldg.
Poe 0,9-’ Philip L„ 105-6 Stock Exchange Bldg.
Post & Flagg, 101-3 Stock Exchange Bldg.
Riggs, Henry G„ 210 E. Redwood St.
Rosenburg, Abel A., 222 E. Redwood St.
Schaefer, Herbert W., 402 First National Bank
Bldg.
Schaefer & Co., Herbert W., 402 First National
Bank Bldg.
Schwarz, Howard S., 500 Stock Exchange Bldg.
Schwarz, Morton & Schwarz, 500 Stock Exchange
Bldg.
Scott, Geo. M., 1401 First National Bank Bldg.
Further information on firms appearing in bold face type will be found in the selected list of Investm ent Dealers following bank Ust in each city.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
ST O C K E X C H A N G E M E M B E R S
1936
M A R Y L A N D S T O C K E X C H A N G E — C o n tin u ed
MEMBERS
Taylor, Howard R. & Co., 107-8 Stock Exchange
Bldg.
Thompson, R. L., 402 Stock Exchange Bldg.
Tilden, Marmaduke, 708 Keyser Bldg.
Sheely, Harry Mi, 212 Keyser Bldg.
Sheely, Harry M. & Co., 212 Keyser Bldg.
Smith, Barney & Co., 402 Keyser Bldg.
Stein Bros. & Boyce., 6 S. Calvert St.
Stewart, C. Morton, 135 E. Baltimore St.
Weilepp, Walter M., 207-8 Keyser Bldg.
Westheimer & Co., 211 E. Redwood St.
Westheimer. Henry F„ 211 E. Redwood St.
Taylor, Howard R., 107-8 Stock Exchange Bldg.
Whedbee, James S., 10 South St.
Wheeler, J, Harold, 101-3 Stock Exchange Bldg.
White & Co., Henry M„ 1414 Fidelity Bldg.
White. Henry M„ 1414 Fidelity Bidg.,
Whiteley, T. Evans, Stock Exchange Bldg.
Whitridge, William, Garrett Bldg.
Whitridge & Son, John A., Garrett Bldg.
Wilson, Jr., J. Sawyer, 402 Keyser Bldg.
MASSACHUSETTS
BOSTON STO C K EXCHANGE
53 State Street
Officers: John E. Yerxa, Pres.
Horace O. Bright, Vice-Pres.
Mark R. Hodges, Tr.
Henry E. Tracy, See.
MINIMUM RATES OF COMMISSION
In Effect January 1,1938
ON BONDS, PER $1000 OF PRINCIPAL
Railroad, public utility and industrial bonds, having more than five years
to run.
Selling Price
„ .
Z d t r n O ° l FT^ CiP .............. ......................................Not LessRThan 75c
$10 and above but under $100................—------ ------ Not Less Than $1.25
$100 and above
____ _____________________ Not Less Than $2.50
(Government Bonds are exempt from the regular rate)
V ON STOCK, RIGHTS AND WARRANTS
(Hereinafter referred to as “ Stocks”)
^ P e ish a re 6
Rate Per Share
............ . „ - . . . . N o t Less Than 0.1c
i7i28 of I i
Not Less Than 0.15c
1/64 bf $1 to and Including 2/32 of §1..........................Not Less Than 0.5c
Over 2/32 of $1 but under 8/32 of $1............- ...........Not Less Than 1.0c
8/32 of $1 and above but under y* of $1...........
Not Less Than 1.5c
% of $1 and above but under $1.............
Not Less Than 3.0c
Not Less Than 5.0c
$1 and above but under $2---------$2 and above but under $3.........
Not Less Than 6.0c
$3 and above but under $4.................................
Not Less Than 7.0c
$4 and above but under $5--------------------------------- Not Less Than 8.0c
Adams, L. Sherman, 10 Post Office Square
Adams, Weston W., & Co., 31 State St.
Amsden, Malcolm F., 53 State St.
Andrews, E. T. & Co., 64 PearlSt., Hartford, Conn.
J. S. BACHE & CO., 10 Post Office Square.
Baldwin & Co., 30 Federal Street.
Bates, Converse & Co., 10 Post Office Sq.
Bolles, Richard F., 35 Congress St., Room 1003.
Bradley, Edward M.t 215 Church St., New Haven«
Conn.
Brannan, Wm. J., 75 Federal St.
Bright, Elmer H. & Co., 84 State Street.
Brooks, Smith & Co., 50 Congress St.
Brown Brothers Harriman & Co., 10 P. O. Square.
Brown, Waldo M., 49 Federal St.
Brown, W altet J., 53 State St.
Burr, Gannett & Co., 53 State Street.
Cahill, Richard M. F„ 53 State St.
Chalifoux, Francis B., 60 State St.
Chapin & Co., S. B., 53 State St.
Clark, Dodge & Co., 70 Federal Street.
Collins, Breed & Co., Shawmut Bk. Bldg.
Colwell & Co., 209 Washington Street.
Cousens, Foster, 49 Federal St.
Crocker, Percy G. & Co., 19 Congress Street.
Crowninshield, B. Davis, 53 State St.
Dabney, F. L. & Co., 10 Post Office Sq.
Dabney, Frederick L., 925A Boylston St.
Davis & Davis, 10 Weybosset St., Providence, R. I.
DAT, R. L. & CO., 45 Milk Street.
Dean, James, 201 Devonshire St., Room 631.
Draper, Sears & Co., 53 State St.
ESTARROOK & CO., 15 State Street.
Fay, S. Prescott, Framingham Centre, Mass.
Fernaid, Lloyd D., 3d Nat’l Bank Bldg., Springfield, Mass.
Foster, Hatherly, Jr., 85 Devonshire St.
Gagen, T. F. & Co., 53 State Street.
Gannett, Thomas B., 53 State St.
Gilbert, Edward W., 53 State St.
Giroux, Archibald R., 53 State St.
Hammond, James R„ 30 State St.
Hanlon, Gordon B„ & Co., 100 Milk St.
Hanrahan & Co., 332 Main St., Worcester, Mass.
Selling Price
_ ,
_.
Per Share
,
„ R£te P®r Share
$5 and above but under $6........................................... Not Less Than 9.0c
$6 and above but under $ 7 .......................................... Not Less Than 10.0c
$7 and above but under $ 8 ------------ ----- i --------:._.N ot Less Than 11.0c
$8 and above but under $9........................................... Not Less Than 12.0c
$9 and above but under ¿10-----------------NotLessThan 13.0c
(Base Rate;
$10 and above ............................ . . . . . . N o t Less Than 13.0c base rate plus
1.0c for each $10 of the price per share
Notwithstanding the foregoing, when the amount involved in a transaction
is less than $10, the commission shall be as mutually agreed; when the amount
involved is $10 or more but less than $50, the minimum commission shall be
not less than 6% of such amount or $1, whichever is greater: and when the
amount involved is $50 or more, the minimum commission shall be not less
than $3.
On Bonds or Notes of Foreign Countries having five years or less to run;
Notes of Corporations having five years or less to run; Bonds having five
years or iess to run; such rates to members or non-members as may be
mutually agreed upon; provided, however, that the Committee on Com
missions with the approval of the Governing Committee, may hereafter
determine special rates on any or all of the above mentioned securities.
MEMBERS
Hayden, Stone & Co., 75 Federal Street..
Hentz, H., & Co., 75 Federal St. ■
Hill, E. Melville, 15 Ashton Ave., Newton Centre,
Mass.
Hines, Robertson & Co., 60 Congress Street.
Hodgdon, Howard W., 84 State St.
Homblower, Henry, 60 Congress St.
Hornblower & Weeks, 60 Congress St.
Hovey, Chandler, & Co., 82 Devonshire Street,
Room 326.
Hunnewell & Co., 49 Federal St.
Hunt, Carleton, 10 Post Office Sq.
Hutchins & Parkinson, 50 Congress Street.
Iliff, Richard S., 35 Congress St.
Jackson, Walter, 216 Central Ave., Milton, Mass.
Jackson & Curtis, 10 Post Office Square.
Kelly, Michael A., 10 Post Office Square.
KIDDER, PEABODY & CO., 115 Devonshire
Street.
Kinsley & Adams, 6 Norwich St., Worcester, Mass.
Kitching, E. J. & Co., 53 State Street.
Laidlaw & Co., 110 Franklin Street
Lee, Frederic M., 53 State St.
Leland, John D., 30 State St.
Long, Harry V., 10 Post Office Square.
Long & Nash, 10 Post Office Square.
Lord, George F., 18 Wave St., Lynn, Mass.
Mann & Gould, 70 Washington St., Salem, Mass.
McKnight, Edward F., 53 State St.
Merrill Lynch, B. A. Pierce & Cassatt, 24 Federal
St.
Monahan, Edward C., 60 State S t..
Moors & Cabot, 111 Devonshire Street.
Moran, John J. & Co., 53 State Street, Room 636,
MOSELEY, F. S. & CO., 50 Congress Street.
Mott, Louis P. & Co., 80 Federal Street, Room 808
Newman, Harding C., 10 Post Office Square.
Nickerson, Henry G., 60 State St.
O’Donnell, James E., 53 State St.
Paine, Webber & Co., 24 Federal Street.
Peterson, John H., 53 State St.
Pingree, Daniel, 84 State St.
Pitcher, Osborne H., 31 State St.
Pitman, Harold A., 53 State St., Room 1032.
Poor, Stearns, 84 State St.
Prince, F. H„ & Co., 15 Westminster St., Provi
dence, R. I.
Proctor, Cook & Co., 35 Congress Street.
Reed, Jacob, 8 Foster St., Worcester, Mass.
Rice, John C., Jr., 10 Post Office Sq.
Rich, Geo. A., 53 State St.
Schirmer, Atherton & Co., 79 Milk Street.
Sewall, R. Lentner, 60 State St.
Smith, Barney & Co., I l l Devonshire St.
Smith, James P. & Co., 1387 Main St., Springfield,
Mass.
Southgate & Co., 33 State St.
Southgate Ray E., 53 State St.
Stevens, Samuel W., 45 Milk St.
Straw, E. A., 875 Elm St., Manchester, N. H.
Thorndike & Allen, 53 State Street, Room 310.
Thornqulst, Carl J., 53 State St.
Tifft Brothers, 50 Congress Street.
Tobey, Walter P., 84 State St.
Todd, Charles Lee, Jr., I l l Devonshire St.
TOWNSEND, ANTHONY & TYSON, 39 State
Street.
Trask, Spencer & Co., 50 Congress St.
Treadwell, James R., 53 State St., Room 203.
Tucker, Anthony & Co., 74 State Street.
Wainwright, H. G. & Co., 60 State Street.
Walker, G. W. & Co., 53 State St.
Webber, Ralph B., 53 State St.
Whitnëÿ, Byam & Co., 35 Congress St.
Whitney, & Elwell, 30 State St.
Wiggin, Russell B., 53 State St.
Williams, Robert W., 53 State St.
Winsor, Kennard, 115 Devonshire St.
Yerxa, John E., 30 State St.
Young, Lincoln R., 15 Lewis St., Hartford, Conn.
Further Information on firms appearing In bold face type will be found In the selected list of Investm ent Dealers following bank list In each city.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
ST O C K E X C H A N G E M E M B E R S
1937
MICHIGAN
D E T R O IT S T O C K E X C H A N G E
(415 Griswold St.)
Clark C. Wickey, Executive Vice-President & Secretary; Andrew C. Reid, Vice-President;
Warren T. Olson, Treasurer.
COMMISSION RATES
Effective, August 23,1938
Stocks selling at 50c per share and above, the commission rate per share
On stocks selling below 50c per share, the commission rate per share shall
shall be not less than the following:
be not less than the following:
a.
Rate
Rate
Price per share
Per Share
Price per Share
Per Share
50c and above but under $ 1 . . . ____ ________ ______ . . . .
3c
1/256 of $1.................................................... '.Z ....................: ......... . 0.1c
$ 1 and above but under $ 2_________________ t_______ . . I .
5c
1/128 of $1_.___._____ _____ _________ ___________ __ _____ 0.15c
...
6c
$ 2 and above but under $ 3___________
1/64 of $1 and above, but under 2/32 of $1_____co__________
0.5c
$ 3 and above but under $ 4...... .......... ......... \_____ __________
7c
2/32 of $1____ ____________________________ :i ......... ............ 0.5c
$ 4 and above but under $ 5.................
I
8c
Over 2/32 of $1 but under 8/32 of $1____ ___ _________ ____
1.0c
$ 5 and above but under $ 6_........ ..... .....................................
9c
8/32 of $1 and above but under 1/2 of $!________ __ _
1.5c
T__ 10c
$ 6 and above but under $ 7_____________
$ 7 and above but under $ 8________
_ lie
The minimum commission on all transactions in listed securities shall be
$ 8 and above but under $ 9_______ ________________I __ I I
12c
not less than $3.00, except in cases where the amount involved is $50.00 or
$ 9 and above but under $10 (Base Rate)___ . . . _____ 13c
less, the minimum commission may then be at the discretion of the member.
$10 and above— The 13c base rate plus lc for each$10 of the price per share
Officers: Paul T. Bollinger, President;
Alison & Co., 244 Buhl Bldg.
Allman, Everham & Co., 1051 Penobscot Bldg.
Angstrom, Lawrence C., 904 Penobscot Bldg.
Avery & Co., 60 Broad St., New York, N. Y.
Avery, Clarence F., 60 Broad St., New York, N. Y.
MEMBERS
Hornblower & Weeks. 244 Penobscot Bldg.
Hulburd, Warren & Chandler, 208 S. LaSalle St.,
Chicago, 111.
Humphries, Angstrom & Co.. 904 Penobscot Bldg.
Hutton, W. E. & Co., 2nd Floor, Ford Bldg.
Hutton, William E„ 2nd Floor, Ford Bldg.
BACHE, J. S. & CO., 735 Griswold St.
Keane & Co., 2056 Penobscot Bldg.
Keane, Jerome E. J., 2056 Penobscot Bldg.
Kerr, Harry W., 1800 Penobscot Bldg.
Kreidler, Chas. A., 1134 Buhl Bldg.
Baker, Slmonds & Co., 1134 Buhl Bldg.
Beard, Frederick H., 1880 Penobscot Bldg.
Bennett, Smith & Co., 640 Griswold Street.
Bollinger, Paul T., 1904 Penobscot Bldg.
Brown, Orman E., 1666 Penobscot Bldg.
Lewine, Jerome, Hanover Square, New York,
N. Y.
Livingstone. S. R.. 1356 Penobscot Bldg.
Livingstone, S. R. & Co., 1356 Penobscot Bldg.
Carpenter, Jos. N., 67 Broad St., N. Y.
Cray, McFawn & Petter, 416 Fidelity Bldg.
Crouse & Co., 1800 Penobscot Bldg.
Crouse, Charles B., 1800 Penobscot Bldg.
Dominick & Dominick, 115 Broadway, New York.
Eis, Valette R., 244 Penobscot Bldg.
Ellwood, Aaron A., 639 Penobscot Bldg.
Esch, Ingo A., 120 Broadway, New York.
Everham, Edwin M., 1051 Penobscot Bldg.
FENNER & BEANE, 67 Broad S t., New York,
N. Y.
*
Ferriss, W. Paul, 904 Penobscot Bldg.
Ferriss, Wagner & Miller, 1444 Buhl Bldg.
Goodbody & Co., Penobscot Bldg.
Goodbody, John L., 115 Broadway, New York,
Hague, Samuel, 539 Penobscot Bldg.
Hastings, P. A. & Co., 1666 Penobscot Bldg.
Hastings, Pierce A., 1666 Penobscot Bldg.
Hentz, H. &. Co., Union Guardian Bldg.
Hinshaw, Joseph, 314 Ford Bldg.
Manley, Milton A., 518 Buhl Bldg.
Manley & Co., M. A., 518 Buhl Bldg.
McDonald, Claude G., 1044 Buhl Bldg.
McDonald & Co., C. G„ 1044 Buhl Bldg.
Merrill Lynch, E. A. Pierce & Cassatt, 300 Buhl
Bldg.
Miller, George A., 1444 Buhl Bldg.
Moody, Bollinger & Co., 1904 Penobscot Bldg.
Moss, W. E., 2416 Union Guardian Bldg.
Moss, W. E. & Co.. 2416 Union Guardian Bldg.
Nauman, Arthur P., 416 Fidelity Bldg.
Phelan. Jr., James J., 244 Penobscot Bldg.
Porter, Stuart P., 1134 Buhl Bldg.
Rathbun, C. E., 866 Penobscot Bldg.
Rathbun & Co., 866 Penobscot Bldg.
Reid, Andrew C., 2232 Union Guardian Bldg.
Reilly, R. W., 866 Penobscot Bldg.
Roney, Wm. C. & Co., 2232 Union Guardian Bldg.
Rotsted, Ralph, 1134 Buhl Bldg.
Schlachman, Max, 1356 Penobscot Bldg.
Schlachman, Sol, 1356 Penobscot Bldg.
Seitz, Harry J., 12 Washington St., Monroe, Mich.
Shader-Winckler Co.. 204 Penobscot Bldg.
Smith, Hague & Co., 539 Penobscot Bldg.
Smith, Winthrop H., 105 W. Adams St., Chicago,
III.
Soucy, Ernest W. ,49 Federal St., Boston, Mass.
Soucy & Co., 49 Federal St., Boston, Mass.
Stern, Morton F„ 36 Wall St., New York, N. Y.
Stewart, A. Clifton, 1812 W. Grand Blvd.
Stout, Gardner D., 115 Broadway, N. Y.
Sutro Bros. & Co., 137 Penobscot Bldg.
Vogel, A. H. & Co., 1880 Penobscot Bldg.
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 Gilardian Bldg.
Wakemaii, Wynn F„ 1134 Buhl Bldg.
Walker, Wm. T., 1304 Penobscot Bldg.
Watling, Lerchen & Co., 314 Ford Bldg.
Wedthoff & Co., Guy G„ 1720 Ford Bldg.
Winckler, F. J., 204 Penobscot Bldg.
Withrow, Atkinson W., 208 S. LaSalle St., Chicago,
Paine, Webber & Co., 100 Penobscot Bldg.
Parcells, Charles A., 639 Penobscot Bldg.
Parcells, Charles A. & Co., 639 Penobscot Bldg.
Wood, Warren A., 244 Buhl Bldg.
Wright, John C., 2066 Penobscot Bldg.
Wright, Martin & Co., 2066 Penobscot Bldg.
111.
MINNESOTA
M IN N E A P O L I S — S T . P A U L S T O C K E X C H A N G E
Officers: Harold E. Wood, President;
Ira D. Owen, First Vice-President; Howard R. Selover, Executive Vice-President;
R. M. Rice, Secretary-Treasurer.
COMMISSION RATES
Effective June 7,1938
NON-MEMBERS
On stocks selling at 50c per share and above, the commission rate per share
shall be not less than the following:
tt ^
Prlce Per share
Per Share
lc
Under 25c per share_________ ____________________________ _
25c and above but under 50c______________________ ’
'
iu c
50c and above but under $ 1________ ___;_____ _______
"
3c
| 1 and above but under $ 2 ___ ________________________
5c
| 2 and above but Under $ 3_____________ _______ I I I I II II 'I"
6c
| 3 and above but under $ 4 _____________ _________I.I II II I"
7c
? 4 and above but under $ 5______ ________________I_I_* " L
8c
| 5 and above but under $ 6___________ _______________ "
9c
| 6 and above but under $ 7 ______ .________________10c
| 7 and above but under $ 8_______ ____________________ _
lie
| 8 and above but under $ 9____ _________________
"■ 12c
«in an£ at)ove but under $10 (Base R ate)..........................I-.-IZ I 13c
$10 and above— The 13c base rate plus l c for each $10 of the price per share
The minimum commission on transactions in stocks for non-members shall,
(a) where the transaction involves less than $5.00, be as mutually agreed
upon;
(b) where the transaction involves $5.00 or more but less than $50.00, be
11 6% of such amount or $1.00 whichever is greater; and
where the transaction involves $50.00 or more, be not less than $3.00.
Rights—same as stocks.
^bison, Williams Co., 1245 Northwest Bank Bldg
Minneapolis.
Bigelow-Webb & Co., 1st N at’l-Soo Line Bldg
Minneapolis.
Ualdweil Phillips Co., First Natl. Bank Bldg., S
Paul, Minn.
Greenman & Cook, Inc., 1408 E. 1st Natl. Bk. Bldg
St. Paul.
HARRIS-UPHAM & CO., 11 Wall St., Ne'
York, N. Y.
KALMAN & COMPANY, 144 Endicott Bldg
St. Paul.
MEMBER TO MEMBER—Give-up Rates.
Stocks selling under 50c per share____ ________ __________ J^c
Stocks selling from 50c to $1......... ....................___.................____
Stocks selling from $1 to $10_________ _____ __x........... . 2c
Stocks selling from $10 to $100____ __________''i___ 3c
Stocks selling from $100 to $150.______ ____________ ______ _
4c
Stocks selling from $150 and over____ __________________!___
5c
Minimum 50c for stocks selling under $10.00 per share.
Minimum $1.00 for stocks selling at $10.00 and over per share unless gross
amount is under $100.00, minimum then 50c.
Rights—same as stocks.
Names not give-up on any stocks, minimum will be double the give-up rate.
MEMBERS
Mahoney & Co., C.D., 806 Roanoke Bldg., Minne
apolis.
Manheimer-Caldwell, Inc., 113 First. National
Bank Bldg., St. Paul.
Molyneaux, J. J., 15 S. 5th St., Minneapolis.
Paine, Webber & Co., Rand Tower, Minneapolis.
PIPER, JAFFRAY & HOPWOOD, 115 S. 7th
St., Minneapolis.
Rice, Robert M„ 804 Roanoke Bldg., Minneapolis.
Selover, H. R., & Co., 802 Roanoke Bldg.; Minne
apolis.
Smith & Co., Wharton C., 106 E. 4th St., St. Paul.
Thrall West Ca., 1500 Northwest National Bank
Bldg., Minneapolis.
Wells-Dickey Company, Metropolitan Bank Bldg.,
Minneapolis.
WOOD, HAROLD E., & CO., W. 2662 1st N at’l
Bk. Bldg., St. Paul.
Woodard-Elwood
Minneapolis.
& Co.,
840 Rand Tower,
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
1938
ST O C K E X C H A N G E M E M B E R S
MISSOURI
S T . L O U IS S T O C K E X C H A N G E
,
Officers* Wm H Burg, President;
C. S. Newhard, Vice-President;
J. S. Bush, Secretary and Treasurer;
Chas. A.Huebner, Assistant Secretary.
COMMISSIONS
Effective February 11, 1938
All other transactions shall be subject to commissions as follows:
Section 1. Commissions shall be charged and paid under all circum
Minimum Commission
stances and upon all transactions, both purchase and sales, or upon contracts
Selling Price Per Share
Rate Per Share
for the receipt or delivery of securities; excepting joint transactions between
Under 5 0 c ------ ............................................................
2c per share
members which may be made without commission. - Such commissions shall,
From 50c to 99c___________ t — ----------------------4c per share
Prom $1 to $1.99............................................................
5c per share
in the case of stocks, be calculated upon the price at which they are sold, and,
From $2 to $2-%............................................................
6c per share
in the case of bonds, upon their par value and shall be at the rates herein
From $3 to $3-%....................
7c per share
after named; and such rates shall in each case be the minimum that may
From $4 to $4-% ............
8c per share
From $5 to $5-%— . .................................................9c per share
be charged by any member of the Exchange, and shall be absolutely net and
10c per share
From $6 to $6-%.........................................- .................
free from all or any rebate, return, discount or allowance in any shape or
From $7 to $7-%......................... .......................... .......
11c per share
manner whatsoever, or by any method or arrangement direct or indirect.
From $8 to $8-%......................... - - - - - ...................—
12c per share
From $9 to $9-% .....................- ......... - .....................13c per share
And no bonus, percentage or portions of the commissions so established
, 14c per share
From $10 to $14-%......................................................
shall be given, paid or allowed directly or indirectly to any clerk or person
From $15 to $24-%................................................... 17%c per share
for business sought or procured for any member of the Exchange.
From $25 to $49-%— ................ .............. — - .........
25c per share
From
$50
to
$99-%
.....................................................
37%c per share
Section 2. On all business for parties not members of the Exchange,
From $100 to $299-%........... _......................................
50c per share
including joint account transactions in which a non-member is interested,
From $300 to $499-%...................................................
75c per share
From $500 and u p ........... ........ .............. ................ .
$100 per share
the minimum commission charged shall be as follows:
On all bonds and other obligations of the United States of America the
When the amount involved in a transaction is $10 or less, the commission
minimum commission shall be 1/16 of 1% of the par value, but shall in no
shall be as mutually agreed.
case be less than 25 cents.
. . .
On all other bonds $2.50 per $1,000 par value except on those maturing
When the amount involved in a transaction is more than $10 but less than
within
six
months
of
the
date
of
sale
the
commission
shall
be $1.25 per
$50.00 the commission shall be not less than six per cent of the amount in
$1,000 par value.
volved or $1.00, whichever is greater; provided, however, that where such
Governing Committee Ruling—Feb. 13, 1940.
Minimum Commission on Bonds—When the aggregate face or par
transactions are for the account of non-member brokers or dealers, an allow
value of bonds involved in a transaction is $500 or more but less than
ance of 50 cents of such commission may be made.
$2,000, the minimum commission shall be $5.00.
When the aggregate face or par value of bonds involved ifl a transaction
When the amount involved in a transaction is $50.00 or more and less
is less than $500, the minimum commission shall be $2.50.
than $300.00, the minimum commission shall be $3.00, except that where
On all securities not provided for in this section the Governing Committee
such transactions are for account of non-member brokers or dealers, an
shall fix the rates of commission; provided, that on all stocks admitted to
dealings on this Exchange and also either on the New York Stock Exchange
allowance of $1.00 may be made on such commissions.
or the New York Curb Exchange the minimum commission charge per share
When the amount involved in a transaction is $300.00 or more, the
for one hundred share unit or multiple thereof, on this Exchange, shall be
the rate per share prescribed to be charged on transactions for one hundred
minimum commission shall be $5.00 except in the case of transactions for
share unit on those Exchanges, respectively, and on all stocks admitted to
the account of non-member brokers or dealers, an allowance of $2.00 on such
dealings on this Exchange and also on the Chicago Stock Exchange the
m in i m n m commission charge per share for fifty share unit or multiple
commissions may be made.
thereof, on this Exchange, shall be the rate per share prescribed to be charged
Governing Committee Ruling—March 8,1938:
on transactions for fifty share unit on that exchange; provided, that the Gov
Division of Commissions between members shall be based upon the
erning Committee shall, at any time, have the power, by the vote of five of
its members, to alter and fix any rates of commission.
actual commission received by the originating member.
MEMBERS
Reinholdt, J. W., Jr., Security Bldg.
Gatch Bros., Jordan & McKinney, 418 Olive St.
Barklage, Louis, 317 N 4th Street.
Gatch, Nelson B„ 418 Olive Street
Bennett, Jas. E., Boatmen’s Bank Bldg.
REINHOLDT & GARDNER, Security Building
Bennett, Jas. E. & Co., Boatmen’s Bank Bldg.
Gessler, G. E., Merchants-Laclede Bldg.
H. L. Ruppert & Co., 400 Pine Street.
Bixby, W. H. Broadway and Locust.
Gessler, E. A. & Son, Merchants-Laclede Bldg.
Scudder, Chas., 300 N. 4th Street.
Bramman, Carl T., 314 N. Broadway.
Giger, Harold H., 211 N. 4th Street.
Bramman-Schmidt-Busch, 314 N. Broadway.
Seddon, Bruce, Landreth Bldg.
Giger & Co:, 211 N. 4th St.
Seddon, Morflt & Harvey, Landreth Bldg.
Brocksmith, H. L., 400 Pine Street.
Semple, Jacobs & Co., Merchants-Laclede Building.
Brown, Paul & Company, Paul Brown Bldg.
Haeussler, W. C., Paul Brown Bldg.
Shuey, Lee G„ 410 Olive St.
Burg, Wm. H., La Salle Bidg.
Haverstick, E. E., & Co., 346 N. Boyle Avenue.
Simon, F. M. 315 N. 4th Street.
Cohn, Henry I., P. O. Box 71, Carrollton, 111.
E. E. Haverstick, Jr., 346 N. Boyle Ave.
SIMON,
I. M. & COMPANY, 315 North 4th St.
Cook, Henry M., 400 Olive Street.
Hayward, John., 403 Olive Street.
Costigan, E. J., 300 N. 4th Street.
Hill Brothers, Security Bldg.
Smith, Moore & Co., LaSalle Bldg.
Crago, John H., Security Bldg.
Stickney, W. A., 409 N. 8th Street.
Horning, Bert H., Boatmen’s Bank Bldg.
Crago, Smith & Canavan, Security Bldg.
Jacobs, B. F., Merchants-Laclede Bldg.
STIFEL, NICOLAUS & CO., Boatmen’s Bank
Duhme, Herman, Franklin-American Trust Bldg.
Jones, Edward D., Boatmen’s Bank Bldg.
Bldg.
D’Oench, Duhme & Co., Franklin-Am.Tr. Bldg.
Jones. Edw. D. & Co., Boatmen’s Bank Bldg.
Donnell, F. C., La Salle Bldg.
Stix & Company, LaSalle Bldg.
Jones, Whipple Van Ness, Security Bldg.
Taussig, Day & Co., Boatmen’s Bank Bldg.
EDWARDS, A. G. & SONS, 409 North 8th St.
Knight & Co., H. H., 403 Olive St.
Taussig, G. J., Boatmen’s Bank Bldg.
Edwards, A. N., 409 N. 8th Street.
Theis, Albert & Sons, Inc., 410 Olive St.
Little & Hays Inv. Co., LaSalle Bldg.
Edwards, P. W. 409 N. 8th Street.
Louderman, Wm. M., Bank of Commerce Bldg.
Waldemer, Edwin R., LaSalle Bldg.
Franc, Harry L., 306 N. 8th.
Waldheim, P latt & Co., 306 N. 8th St.
Newhard, Cook & Co., 400 Olive St.
Francis Bro. & Co., 222 N. 4th St.
Walker, G. H. & Co., Broadway & Locust Streets.
Francis, T. T., Francis Bro. & Co., 222 N. 4th St.
Otto, Edw. F., No. 6 Sunset Court, Normandy,
Whitaker & Company, 300 North 4th Street.
Friedman, Brokaw & Samish, 711 St. Charles St.
Missouri.
Wibbing, 0. H., Security Bldg.
Friedman, W. Stix, 711 St. Charles Street.
Wibbing, O. H. & Co., Security Bldg.
Papin,
Pierre
L„
Merchants-Laclede
Bldg.
Fusz, Firmin D., Boatmens Bank Bldg.
Williams, J. Gates, 222 No. 4th St.
Papin
&
Co.,
P.
L.,
Merchants-Laclede
Bldg.
Fusz, Schmelzle & Co., Boatmen’s Bank Bldg.
NEW YORK
NEW Y O R K S T O C K EXCH AN G E
(11 Wall St.)
Ronald R. Westwood, Assistant Treasurer,
John Haskell, Vice-President;
Charles Klem, Assistant Secretary;
Eugene Lokey, Vice-President;
Max
Jacquin, Jr., Assistant Secretary;
_
Arthur H. Franklin,_Treasurer;
A. Tate Smith, Special Assistant to the President.
George A. Cuff, Assistant Treasurer;
RATES ( Amended to November 9, 1938)
per share and above but under $5— __— Not less than 8.0c per share
Rates to Non-members, etc.
Not less than 9.0c per share
$5 per share and above but under $6__
$6
per share and above but under $7______Not less than 10.0c per snare
On business for non-members and partners not members of the Exchange,
$7 per share and above but under $8---------Not less than 11.0c per share
including joint account transactions in which any such person is interested,
$8 per share and above but under $9______Not less than 12.0c per share
the commission shall be not less than the rates given below:
$9 per share and above but under $10
’
, _ A „J
(Base Rate)_________ ____________ ____ Not less than 13.0c per share
ON STOCKS, RIGHTS AND WARRANTS
$10 per share and above---- ---------------------- Not less than the 13.0c base
rate plus 1.0c for each $10 ol
(hereinafter referred to as “ stocks”)
the price per share *
Except as to Ten-share U nit Stocks and Called Stocks:
Notwithstanding the fore
going, when the amount in
1/256 o f$ l per share....................... - ...............Not less than 0.1c per share
volved
in a transaction is less
1/128 of $1 per share........................................ Not less than 0.15c per share
than $10, the commission shall
1/64 of $1 per share and above but under
*
,
„ _
.
be
as
mutually
agreed; when
2/32 of $1
_______ _______ _____ Not less than 0.5c per share
the amount involved is $10 or
2/32 of $1 per share___ - - - - - ............. - ......... Not less than 0.5c per share
more but less than $50, the
Over 2/32 of $1 per share but under 8/32 Mm $
„
,
minimum commission snail
of $1
____ I.................... ........................... Not less than 1.0c per share
be not less than 6% of such
8/32 of S l'p e r share and above but under
'_ _
,
amount or $1, whichever is
% o f $ l „ —- .............. - - - - ....... .....................Not less than 1.5c per share
greater; and when the amount
of $1 per share and above but under $1— Not less than 3.0c per share
involved is $50 or more, the
wM per share and above.but under $2________Not less than 5.0c per share
minimum commission snail
$2 per share and above but under $3................Not less than 6.0c per share
be not less than $3.
$3 per share and above but under $4.......... — Not less than 7.0c per share
Officers: William Mc C. Martin, Jr., President;
Charles E. Saltzman, Vice-President and Secretary;
John C. Korn, Acting Secretary,
Howland S. Davis, Exec. Vice-President;
COMMISSION
Further Information on firms appearing in bold face type will be found in the selected list of Investm ent Dealers following bank list In each eity.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
1939
ST O C K E X C H A N G E M E M B E R S
N E W Y O R K S T O C K E X C H A N G E — C o n tin u ed
ON TEN-SHARE-UNIT STOCKS, BIGHTS AND WARRANTS
(hereinafter referred to as “ stocks”)
As designated by the Committee on Floor Procedure—except as to
Called Stocks:
Under $1 per share_______________ ____ ..Sam e as 100-share-unit stocks
$1 per share and above but under $ 2 . . . ____ Not less than 6.0c per share
$2 per share and above but under $3_______ Not less than 7.0c per share
83 per share and above but under $4____________ Not less than 8.0c pershare
$4 per share and above but under $5____________ Not less than 9.0c pershare
$5 per share and above but under $6____________ Not less than 10.0c pershare
$6 per share and above but under $7_________
Not less than 11.0c pershare
$7 per share and above but under $8_____...N o t less than 12.0c per share
$8 per share and above but under $9____________ Not less than 13.0c pershare
$9 per share and above but under $10
(Base Rate)_________________________ -Not less than 14.0c per share
$10 per share and above________ ____ ____ Not less than the 14.0c base
rate plus 1.0c for each $10 of
the price per share
Notwithstanding the fore
going, when the amount in
volved in a transaction is less
than $10, the commission shall
be as mutually agreed; when
the amount involved is $10 or
more but less than $50, the
minimum commission shall
be not less than 6% of such
amount or $1, whichever is
greater; and when the amount
involved is $50 or more, the
minimum commission shall
be not less than $3.
ON CALLED STOCKS
Sec. 2, Par. (e): Notwithstanding the rates prescribed elsewhere in this
Section 2, the commission rates to members and non-members upon stocks
which, pursuant to call or otherwise, are to be redeemed within twelve months
shall be such rates as may be mutually agreed upon provided, however, that
such rates shall apply to transactions in any specific stock only after the
Committee on Member Firms has made announcement to that effect, and
provided, further, that said Committee may determine special rates on any
or all such securities, reporting the same to the Board of Governors. (The
Committee on Member Firms has not determined any special rates on such
stocks.)
ON BONDS: per $1,000 of principal
(except as stated below)
Under $ 1 0 ..____ . . . _______________ . .. .N o t less than 75c
$10 and above but under $100____________ Not less than $1.25
$100 and above______________ _____ '- .- - - .N o t less than $2.50
See. 3, Par. (d); Notwithstanding the foregoing, the commission rates to
members or non-members upon obligations of the United States, Puetro
Rico, Philippine Islands and States, Territories and Municipalities therein,
upon bonds or notes having five years or less to run; and upon bonds or
notes which, pursuant to call or otherwise, are to be redeemed within twelve
months, shall be such rates as may be mutually agreed upon; provided,
however, that the Committee on Member Firms may determine special rates
on any or all such securities, reporting the same to the Board of Governors.
Under this authority the Committee has ruled that commissions shall be not
less than the rates given below:
ON BONDS OR NOTES HAVING FIVE YEARS OR
LESS TO RUN, AND BONDS AND NOTES
WHICH, PURSUANT TO CALL OR OTHER
WISE, ARE TO BE REDEEMED WITHIN
TWELVE MONTHS (Per $1,000 of principal):
Under $ 1 0 .,_____ ,______________ _______ . . . . . . . . N o t less than 75c
$10 and above but under $100_______ _____________ Not less than $1.25
$100 and above but under 96% or over 110% of the
redemption price.............. —........... ................ ...N ot less than $2.50
Not less than 96% or more than 110% of the redemp
tion price:
Six months or more____________________________ Not less than $1.25
Less than six months________ :..________ May be mutually agreed upon
ON OBLIGATIONS OF THE UNITED STATES, Puerto Rico, Philip
pine Islands and States, Territories and M unicipalities therein
__________________ ___ _______ _____ May be m utually agreed upon
MEMBERS
Abbott, Proctor & Paine, 120 Broadway
Abraham & Co., 120 Broadway
Ackerman, Warren, 120 Broadway
Acosta, Julian A., 60 Beaver St.
Adams, Merrill & Co., 36 Pearl St., Hartford, Conn.
Adler, Coleman & Co., 15 Broad St.
Adrian, Jos. M., 42 Broadway
Ahern, John J„ 61 Broadway.
Alker, Carroll B., 61 Broadway.
Allan, Adrian R., Jr., 40 Wall St.
Amy, Joseph H., 120 Broadway.
Andersen, Oswald, 115 Broadway.
Anderson & Co., 120 Broadway.
Anderson, Elliott M., 71 Broadway.
Anderson, Henry A., 47 Broad St.
Anderson, W. Colford, 120 Broadway.
Andrews, Posner & Rothschild, 25 Broadway
Anness, Edw. C„ 61 Broadway
Applèyard, George S., 14 Wall St.
Apy, Chester, 47 Broad St.
Aronson, Bernard & Co., 30 Broad St.
Arrowsmith, Post & Welch, 115 Broadway.
Ash & Co., Mervin, 61 Broadway.
Asher, Harry W., Jr., 60 Beaver St.
Asiel & Co., 11 Wall St.
Astor & Ross, 39 Broadway.
Atterbury, Robert R., 445 Park Ave., Paterson,
N. J.
Auchincloss & Mills, 14 Wall St.
Auchincloss, Parker & Redpath, 719 15th St.,
Washington, D. C.
Auerbach, Poliak & Richardson. 30 Pine St.
Baar, Cohen & Company, 39 Broadway
Babcock, Henry D„ 50 Broadway
Bach, Frederick F., 29 Broadway.
BACHE & CO., J. S., 36 Wall Sfe.
Bacon, Stevenson & Co., 39 Broadway.
Baker, Alfred L. & Co., I l l So. La Salle St.,
Chicago, 111.
BAKER, WATTS & CO., Calvert & Redwood
Sts., Baltimore, Md.
Baker, Weeks & Harden, 52 WaU St.
Baldwin, Peter, 42 Broadway.
Ballard & Co., 43 Pearl St., Hartford, Conn.
Bamberger, L. Richard, 1 WaU St.
Bamberger, Max. 15 Broad St.
Barbee, Harry, 19 Rector St.
Barclay, Henry A., 11 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
Barry, Edwin J„ 67 Broad St.
Barth, J. & Co., 482 California St., San Francisco,
Calif.
Bartholomae, H. J., 47 Broad St.
Bartlett, Bënj. D. & Co., 313 Vine St., Cincinnati,
Ohio.
Baruch, Sailing W., 60 Beaver St.
Bean, Chas. H. &-Co., 123 S. Broad St., Phila
delphia, Pa.
Bear, Stearns & Company, 1 WaU St.
Beauchamp & Fagan, 50 Broadway
Beer ¿¡¡Company, 817 Gravier St., New Orleans, La*
Beiden & Co., 61 Broadway.
Bell & Beckwith, 519-521 Madison Ave., Toledo,
Ohio.
Bendix, Luitweiler & Co., 52 Wall St.
Benedict. E. C. & Co., 61 Broadway
Benjamin & Sternoach, 30 Pine St.
Benjamin, HUl & Company, 50 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.
Benton & Nicholas, 115 Broadway.
Berliner & Co., 40 Wall St.
Berman & Co.. Pemberton, 49 Wall St.
Bernard, Winkler & Co., 11 Wall St.
Bernheimer, Edwin E., 1 WaU St.
Biddison & Co., N. D., 39 Broadway.
Biddle, Whelen & Co., 1606 Walnut St., Phila
delphia, Pa.
Biggs, Mohrman & Co., 61 Broadway.
Billings, Olcott & Co., 52 Broadway
Bilofsky, Maxwell M., 120 Broadway
BIOREN & CO., 1508 W alnut S t., Philadel
phia, Pa.
Bird, W. Gillette, 26 Broadway.
Bishop, Allen Reynolds, 50 Broadway
Bissinger, McKinley, 1613 Russ Bldg., San Fran
cisco, Calif.
Blauner. Simons & Co., 165 Broadway
Blinn. Prosper J., 42 Broadway.
Bliss & Co., 745 Fifth Ave.
Bliss, Julius, 120 Broadway.
Bloch. Elmer M„ 39Broadway.
Block .Maloney & Co., 39 Broadway.
Blumenthal, Simon B., 50 Broadway.
Blun, George E., 165 Broadway.
Blyth & Bonner. 67 Broad St.
Boesel, Richard E., 50 Broadway.
Bonbright, George Û. B. & Co., 100 Powers Bldg.,
Rochester, N. Y.
Bonner & Gregory, 44 Wall St.
Boody, McLellan & Co., I l l Broadway
Bosten, Paul R., 47 Broad St.
Bouvier, Bishop & Co., 52 Broadway.
Boylan, Robert P., 61 Broadway.
Bradford, J. C. & Co., 418 Union St., Nashville,
Tenn.
Bradshaw, Sydney P., 61 Wall St.
Bramley & 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., I l l Broadway
Braumuller, Charles, 47 Broad St.
Bregman, Abner, 1 Wall St. :
Breining & Co.; 17 Battery Place
Brennan, John F., 1 WaU St.
Bright, Elmer H. & Co., 84 State St., Boston,
ÎÆ&SS.
Brill. D. Dudley, 61 Broadway.
Brinton & Co., 61 Broadway
Britt,' Richard J.. 25 Broadway,
Brody, L. J. Stephen, 109 KiUdeer Rd., Hamden,
Conn.
Brooks & Co., J. H.. 135 Broadway.
Brooks, James W., 71 Broadway.
Brown, Alex. & Sons, 135 East Baltimore St.,
Baltimore, Md.
Brown Brothers, Harriman & Co., 59 Wall St.
Brown, James M. Jr., 47 Broad St.
Brown, Paul & Co., Paul Brown Bldg., St. Louis,
Mo.
Brown, Vernon H., 120 Broadway.
Brown & Co., Vernon C„ 71 Broadway.
Brumley, Albert, 120 Broadway.
Brummer, Harold M., 25 Broadway.
Brunner & Co., 61 Broadway.
Bruns, Edwin G., 11 Wall St.
Bruns. Edwin G. Jr., 11 Wall St.
Buchanan & Tomes, 120 Broadway
Buckley, John F., 47 Broad St.
Buell, Fisher A ., 120 Broadway
Burke, Walter F., 50 Broad St.
BURNET, W. E. & CO., 11 Wall S t.
Burnham & Company, 30 Pine St.
Burnside, I. H. & Co., 80 Broad St.
Burr, Gannett & Co., 53 State St., Boston, Mass.
Burton, Cluett & Dana, 120 Broadway
Bushnell, Henry Thompson, 39 Broadway
Butcher & Sherrerd, 1500 Walnut St., Philadelphia
Butler, Herrick & Marshall, 30 Broad St.
Butler, Wick & Co., Union National Bldg.,
Youngstown, Ohio.
Buttenwieser, Clarence, 25 Broad St.
Byck, Maurice S., 39 Broadway.
Byfield & Co., 61 Broadway.
Byram, Hobart R., 42 Broadway.
Byrne, James F., 30 Broad St.
Bywater & Leary, 120 Broadway.
CahiU, Robert L., 39 Broadway.
Cahn & Co., Frank B., Equitable Bldg., Baltimore
Md.
Cahn, Joel G., 39 Broadway.
Campbell & Co., ¡EE G., 52 Broadway
Campbell, James, 42 Broadway
Campbell, Oliver S., 26 Broadway.
Canavan, Eugene F„ 42 Broadway.
Carey, Denis J., 42 Broadway.
Carey, H. T., Joost & Patrick, 50 Broadway
Carhart, H. Whitfield, Jr., 50 Broadway
Carlebach, Herbert L., 60 Broad St.
Carlebach, Walter M., 60 Broad St.
Carleton, Alexander, 14 Wall St.
Carlisle, Mellick & Co.. 50 Broadway
Carmichael, Carson & Ashby, 52 Wall St.
Carreau & Co., 63 Wall St.
Carrere, John, 14 Wall St.
Carstairs & Co., 1421 Chestnut St., Philadelphia,
Carstens, Geo., 42 Broadway
Further Information on firms appearing in bold lace type will be found in the selected list of Investm ent Dealers following bank list in each city
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
ST O C K E X C H A N G E M E M B E R S
1940
N EW Y O R K S T O C K E X C H A N G E — C o ntinu ed
Carter & Co., 14 Wall St.
Caspary & Co., A. H., 20 Broad St.
Cassell & Co., H „ 61 Broadway^
Cavenee, Clark M„ 135 S. LaSalle St., Chicago,
111.
Ceballos & Geer, 42 Broadway.
Chapin & Co., S. B„ 111 Broadway
Chaplin & Co., 52 Broadway
Chapman, John S., 52 Broadway.
Ghanncey & Co., 15 Broad St.
Chisholm & Chapman, 52 Broadway
Clapp, Howard F.. 50 Broadway.
Clark & Co., Charles, 72 Wall
Clark, Dodge & Co., 61 Wall St.
Clark & Co., E. W., Locust & 16th Sts., PhllaClement, Ciirtis & Co., 231 So. La Salle St.,
Chicago, 111.
Clews & Co., Henry, 7-9-11 Broadway.
Cloud, John K., 120 Broadway.
Clucas & Company, E. W., 70 Pine St.
Cluett, George A. Jr,, 115 Broadway.
Coggeshall & Hicks, 111 Broadway
Cohen & Co., Edward L.. 70 Pine St.
Cohen & Co., William W., 50 Broad St.
Cohen, Simonson & Co., 30 Broad St.
Cohn, Henry A., 120 Broadway.
Cohn, Martin L„ Jr., 120 Broadway.
Cohu & Torrey, 14 Wall St.
Coleman, Eliot W., 42 Broadway.
Coleman, Sheldon T., 15 Broad St.
Coleman, Townsend P„ 42 Broadway.
Colgate & Co., Jas. B,, 44 Wall St.
_ , .
Collin, Norton & Co., Gardner Bldg., Toledo,
Collins & Co., D. R., 1 Wall St.
Collins, John T., 50 Broadway.
Colvin, Harold R., 14 Wall St.
Combs & C®., Wm. H., 25 Broadway
Connelly & Co., F. J., 15 Broad St.
Conried & Co., 1 Wall St.
Content, Zuckerman & c °., 39 .Broadway.
Conway & Co., Norton, 52 Wall St.
Cook, Charles K., 40 Wall St.
Cook, Harry, 40 Wall St.
Cooke, James F , 42 Broadway.
__
Coolev & Co., 100 Pearl St., Hartford, Conn.
Corlies & Booker, 50 Broadway.
Coster, Gerard H., 14 Wall St.
Courts & Co., j l Marietta_St., Atlanta, Ga.
Coward, Raymond A., 40 Wall St.
Cowen & Co., 54 Pine St.
Cox, E. Van Dyke, J r , 42 Broadway.
Craigmyle, Rogers & Co., 1 Wall St.
Crandell, Edwin H., 40 Exchange PI.
Crandell, Walter S., 25 Broad St.
Crane, McMahon & Co., 209 So. La Salle St.,
Chicago, 111.
’ll
.
Creem, John J. Jr., 61 Broadway.
Cullman Brothers, 161 Front St.
Cunningham, Cyril E., 42 Broadway.
Currah, William G., Room 1403,15 Broad St.
Curtiss, House & Company, Union Commerce
Bldg.,'Cleveland, Ohio.
Dabney & Co., F. L., 10 Post Office Square,
Boston, Mass.
Dahl, Warren L„ 70 Pine St.
Dale, Chester, 115 Broadway.
Daning, M. J., 60 Wall St.
.
Dann (J. C.) Wickwire & Co., 287 Main St.,
Danzig, Jerome J., 200 Fifth Ave.
.
.
Davenport & Co., 1113 E. Main St., Richmond,
Va
Davies & Co., Russ Bldg., San Francisco, Calif.
Davis & Co., Fellowes, 52 Broadway.
Davis & Co . J. W., I l l Broadway.
Davis & Davis, 10 Weybosset St., Providence,
B» I
Davis
Davis
Davis
Davis
& McIntosh, 64 Wall St.
& Co., Morgan, 60 Beaver St;
Frank H.t 47 Broad St.
_ .
& Co., Paul H., 10 So. La Salle St., Chicago,
Davis, Waters S„ Jr., 44 Pine St.
Day & Co., R. L„ 14 Wall St.
De Coppet & Doremus, 42 Broadway
deGoppet, Robert F., 47 Broad St.
de Cordova & Bro.. Cyril, 25 Broad St.
Deery & White, 25 Broad St.
De Haven & Townsend, 30 Broad St.
Delafleld & Delafield, 14 Wall St.
Demuth, Robert L., 50 Broadway.
Denzer, Bernard E., 39 Broadway,
de Saint-Phalle, van Heukelon & Co., 67 Broad St.
De Veau. George P., 47 Broad St.
DICK & MERLE-SMITH, 30 Pine S t.
Diefendorf, Sanders & Ward, 14 Wall St.
Dietrich & Company, F., 1 Wall Street.
Dixon & Co., 1411 Chestnut St., Philadelphia, Pa.
Dixon, George A., 36 Wall St.
Dobbs & Company, 50 Broadway.
Dominick & Dominick, 115<Broadway
Donoho & Co., J. F., I l l Broadway
Douglas & Company, F. H., 61 Broadway.
Doyle & Company, Frank, 120 Broadway
Doyle & Co., M. D„ 1 East 57th St.
Draper, Sears & Co., 53 State St. Boston, Mass.
DBEXEL & CO., 15th and Walnut St.,’.Phila
delphia, Pa.
Dreyfus & Co., Herbert M., 40 Wall St.
Dreyfus, Walter, 70 Pine St.
MEMBERS
Driscoll, William V., 50 Broadway.
Drummond & Sierck, 50,Broadway.
Dryfoos, Orvil E., 50 Broad St.
DBYSDALE & CO., 71 Broadway
Duff & Co., J. Robinson, 1 Wall St.
Duffy & Co., Edward J., I l l Broadway.
Duncan, John C., Jr., 14 Wall St.
Dunne & Co., John V., 19 Rector St.
Dunscombe, Roger, 30 Broad St.
du Pasquier & Co., 11 Wall St.
dU Pont & Co.,Francis I, 1 Wall St.
Durand, Celestin A., 15 Broad St.
Durand, Celestin A., Jr., 15 Broad St.
Durand, James F„ 50 Broadway.
Duryea & Co., 74 Trinity PI.
Eastman, Dillon & Co., 15 Broad St.
Eckstein, Alfred, 39 Broadway.
Edge & Co., C. N., 54 Pine St.
Edgerton, John J., 61 Broadway.
Edmonds, William E., 39 Broadway
Edmonds & Co., 120 Broadway.
EDWABDS & SONS, A. G., 409 N. 8th St.,
St. Louis, Mo.
Edwards, Ogden M. Jr., 316 Fourth Ave., Pitts
burgh, Pa.
EH
Einstein & Co., H. G., 500 Fifth Av6.
Eisele & King, 9 Clinton St., Newark, N. J.
Eisemann & Co., Alexander, 42 Broadway
Eisihg & Co., 165 Broadway.
Eising, George J., 165 Broadway.
Elder & Co., James Bldg., Chattanooga, Tenn.
Elias & Co., Albert J., 20 Broad St.
Eliott & Co., Gilbert, 120 Broadway.
Elkins, Morris & Co., Land Title Bldg., Phila
delphia, Pa.
Elliott, Crawford & Co., 120 Broadway.
Ellis & Co., D. H., 14 Wall St.
Elsaesser, George G., 47 Broad St.
Emanuel & Co., 50 Pine St.
„ .
Emory, Freed & Co., 109 So. Third St., Phila
delphia, Pa.
Erdman & Co., 120 Broadway
Eric & Drevers, 115 Broadway.
Ernst & Company, 120 Broadway
Estabrook & Co., 40 Wall St.
Evans, Stillman & Co.. 14 Wall St.
Everett, Oliver H„ 42 Broadway.
Fackert, William E„ 120 Broadway.
Fahnestock & Co., 1 Wall St.
Faroll Brothers, 50 Broadway
Farr & Co., 90 Wall St.
. .
Farwell, Chapman & Co., 208 So. La Salle St.,
Chicago, 111.
!i
Feinèr, Benjamin F., 39 Broadway.
Ferris, Louis A,, 44 Wall St,
FENNER & BEANE, 67 Broad St.
Filor, Bullard & Smyth, 39 Broadway
Filston, Howard S„ 39 Broadway.
Finch, Wilson & Co., 120 Broadway
Fincke, Reginald, 61 Wall St.
Findley. William V. B., 42 Broadway.
Fine & Co.. W. A., 1 Wall St.
Fisher, William, 120 Broadway.
Fitzgerald, Joseph M., 14 Beaver St.
Fitzsimmons, Joseph M., 115 Broadway
Flinn, George H., Jr., 551 Fifth Ave.
Foley, Frank J., 20 Broad St.
Ford, Donald, 115 Broadway.
Forgie, David F., 47 Broad St.
Foster & Adams, 120 Broadway
Foster & Co., F. V.„ 50 Broadway
Foster, Marvin & Co., 2 Wall St.
Fowler, Thomas P., 15 Broad St.
Fownes, Henry G„ 120 Broadway.
Fox, Elliott D„ 100 Broadway.
Fox, James M., 49 Broad St.
Fox, O’Hara & Co., 60 Broad St.
"
Francis, Bro. & Co., 4th and Olive Sts., St. «Louis,
Frank, A. Richard, 120 So. La Salle St.. Chicago,
Frank & Co., Charles A., 44 Wall St.
Frank, Robert L., 52 Wall St.
Frankhauser, Charles A., 50 Broadway.
Fransioli & Wilson, 61 Broadway.
Freeman, Joseph, 703 E. Olmos Drive, San
Antonio, Tex.
„ _
Fried & Company, Albert, 120 Broadway
Friede, Leo, 1 Wall
Friedlander, Marcus S., 120 Broadway
Friedman & Co., 30 Broad St.
Friedman, Brokaw & Samish, 711 St. Charles St.
St. Louis, Mo.
Friend, Walter W., 1 Madison Ave.
Fuerst & Co., Otto, 40 Wall St. o
Fuerst, William, 39 Broadway
ï Fuller, Rodney & Co., 44 Wall St.
Gaines & Company, 1 Wall St.
Gale, Alexander B„ 40 Exchange PI.
Gammâck & Co., 40 Wall St.
Garvin, Bantel & Co„ 120 Broadway.
Geddes, Gerald M., 61 Wall St.
Gengler Bros., 1 Wall St.
Gengler, Joseph D„ 1 W allSt.
Geran, Carroll V., Room 1129, 42 Broadway.
Gerham, Harry, 42 Broadway.
Gibb, Robert P„ 50 Broadway.
Giblin, Walter M„ 40 Wall St.
Gilbert & Co., Clinton, 120 Broadway
Gildea. Charles A.. 39 Broadway.
Giles, Norris & Hay, 39 Broadway.
Gilmor, Robert, 1 Wall St.
Gimbel, Levy & Co., 165 Broadway.
Gitterman, Joseph L„ Jr., 39 Broadway.
Glendinning & Co., Robert, Packard Bldg., S. E.
corner 15th and Chestnut Sts., Philadelphia, Pa.
Glenny, Roth & Doolittle, 1415 Liberty Bk.
Big., Buffalo, N. Y.
Glore. Forgan & Co., 38 Wall St.
Goadby & Có., W. H., 2 Wall St.
Goldman, Henry Jr., 50 Broadway
Goldman & Co., R. J., 30 Broad St.
Goldman, Sachs & Co., 30 Pine St.
Goldsborough, William W., Jr., 1 Wall St.
Goldsmith & Co., H. W., 50 Broadway
Goldsmith, Joseph M., 63 Wall St.
Goldstein & Co., Bernard J., 165 Broadway.
Goodbody & Co., 115 Broadway
Goodman, Jos. D., 611 West Upsal St., Philadel
phia, Pa.
Goodwin, William H.t 42 Broadway..
Gordon, Gerald M., 120 Broadway.
Gordon & Walther, 115 Broadway.
Gosling, Woodley B„ 42 Broadway.
Gould, Clarence F., 2 Wall St.
Gould,Frank Jay, 165 Broadway.
Gould, Howard, 55 Liberty St.
Gradison & Co., W. D., 408 Dixie Terminal Bldg.
Cincinnati, Ohio.
Graham, Harry S., 115 Broadway
Cranberry & Co., 50 Broadway
Granbery, Marache & Lord, 120 Broadway.
Graves, Banning & Co., 14 Wall St.
Graves & Co., Gordon, 50 Broadway.
Green, David J., 30 Broad St.
Green, Ellis & Anderson, 100 Broadway
Greene & Brock, 120 Broadway.
Greenway, Gilbert C. Jr., 370 Park Ave.
Gregory, George V., 42 Broadway.
Griffen, Cecil, 20 Broad St.
Grüner, Otto fi„ 120 Broadway.
Gruntal & Co., 30 Broad St.
Grymes, J. Randolph, Jr., 42 Broadway.
Gude, Winmill & Co., 1 Wall St.
Gunn, Norman, 30 Pine St.
Gutenstein & Lasdon, 25 Broad St.
Gwynne, Arthur, 48 Wall St.
Gwynne Brothers, 48 Wall St.
Hackney, Hopkmson & Sutphen, 25 Broad St.
Haff, Carroll B., 120 Broadway.
Hagan, John Vincent, 42 Broadway.
Halladay & Co., 14 Wall St.
Halle & Stieglitz, 25 Broad St.
HALLGARTEN & CO.» 44 Pine St.
Hall, J. Goodwin, 705 First National Bank Bldg.
Fort Worth, Tex.
Halsted & Harrison, 48 Wall St.
Hamershlag, Borg & Co., 39 Broadway
Hamill, James T., 10 E. Market St., Indianapolis
Hano & Co., 1505 Walnut St., Philadelphia, Pa.
Hardenbrook, Donald J., 2 Wall St.
Hardy & Company, 11 Broadway
Hardy & Co., Waller C„ Kanawha Valley Bldg.,
Charleston, W. Va.
Harman & Co., 250 Park Ave.
Harrington & Co,, 44 Wall St.
HARRIS, UPHAM & CO., 11 Wall St.
Harrison & Lein, 120 Broadway,
Hartshorne, Harold, Jr., I l l Broadway.
Hatch, E. Sanford, 61 Broadway.
Hatzfeld, Louis E., 40 Wall St.
Haughey, Robert A., Jr., 50 Broadway.
Haupt & Company, Ira, 39 Broadway
Haupt, Stuart, 39 Broadway.
Hawkins, Roswell G., 15 Broad St.
Hay, Fales & Co., 71 Broadway.
HAYDEN, STONE & CO., 25 Broad St.
Haydock, Schreiber & Co!, 120 Broadway.
Hays, William H., 71 Broadway
Hazelhurst, Andrew, 111 Broadway.
Hazlett, Burt & Watson, 215 Wheeling Steel Bldg.,
Wheeling, W. Va.
Healy, James A., 40 Exchange Place.
Heath, Royal V., 42 Broadway.
J ^ . .
Hecker & Co., Liberty Trust Bldg., Broad & Aren
Sts., Philadelphia, Pa.
Hedberg. 0. Viking, 39 Broadway.
Helprin, William N., 29 Broadway.
Hemmerle, Joseph, 111 Broadway.
Hemphill, Noyes & Co., 15 Broad St.
Henderson & Company, 40 Wall St.
Henderson, Charles F. & Sons, 71 Broadway
Hendrickson & Co., 115 Broadway.
Hentz & Co., H., 60 Beaver St.
Hepburn, George, Jokake, Ariz.
Herbek, Anton W.. 47 Broad St.
Hernon, Pearsall & Co., 120 Broadway
Herzfeld & Stern, 30 Broad St.
Hess, Walter W., 30 Pine St.
Hetherington, James A., II, 42 Broadway.
|
Hettleman & Co., 52 Wall St. ''
Hewitt, Lauderdale & Co., 39 Broadway
Hibbs & Co., W. B„ Hibbs Bldg., Washington
DC
Hicks & Price, 141 W. Jackson Blvd., Chicago, 111Higham, Neville G., 30 Broad St.
Hilbert, Condon & Bassett, 120 Broadway
Hilder, M. Hubert, 29 Broadway.
Hill, Crawford, 2 East 55th St. j v «
..
Hül & Co., 2020 Carew Tower, Cincinnati, Ohio
HILLIARD & SON, J. J. B., 419 W. Jefferson
■ St., Louisville, Ky.
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
ST O C K E X C H A N G E M E M B E R S
1941
N E W Y O R K S T O C K E X C H A N G E — C o n tin u e d
Hirsch, Lilienthal & Go., 165 Broadway
Hirschberg, Harold, 39 Broadway.
Hirshon & Co., 61 Broadway.
Hiscoe, Reginald V., 11 Wall St.
Hoge, Underhill & Co., 120 Broadway
Hogle & Co., J. A., 132 Main St., Salt Lake City,
Utah
Holsapple & Co., 30 Pine St.
Homans & Co., 52 Wall St.
Hoppln Bros. & Co., 120 Broadway
Hornblower & Weeks, 40 Wall St.
Hovey & Co., Chandler, 82 Devonshire St.,
Boston, Mass.
Hoyne, Mellinger & Co., 231 So. La Salle St.,
Chicago, 111.
Hoyt & Co., Colgate, 14 Wall St.
Hubbard, Edwin D., 29 Broadway.
Hughes & Bull, Sherry-Netherland Hotel, Fifth
Ave. at 59th St.
Hughes, John F., 120 Broadway.
Hulburd, Warren & Chandler, 208 S. La Salle St.,
Chicago, 111.
Hume & Thompson, 14 Wall St:
Hummer, Wayne & Co., 105 W. Adams St.,
Chicago, 111.
Hunnewell & Co., 49 Federal St., Boston, Mass.
Hunt, Gregory C., 50 Broadway.
Hurt, Harry, 47 Broad St.
Hutchins & Parkinson, 50 Congress St., Boston,
Mass.
HUTTON & CO., E. F., 61 Broadway
Hutton & Co., W. E., 14 Wall St.
Hyde, William T v 120 Broadway.
Hyman, Charles J., 120 Broadway.
Hyman & Co., 40 Wall St.
Hynes, John M., 120 Broadway.
Imbrie, H. Thornton, 15 Broad St.
Ingalls & Snyder, 100 Broadway
Irle, Willard S., 30 Broad St.
Iselin, Ernest, 115 Broadway.
Iseman & Co., Harold M., 327 W. 36th St.
Jackson & Curtis, 115 Broadway.
Jackson & Wreszin, 71 Broadway.
Jacobs, Stanley R., 30 Pine St.
Jacobson & Co., Benjamin, 61 Broadway.
Jacquelin & De Coppet, 47 Broad St.
Jamieson & Co., 1225 First National-Soo Line
Bldg., Minneapolis, Minn.
Jelke & Co., Frazier, 40 Wall St.
Jenkins, William P., 120 Broadway.
Jenks, Kirkland & Co., 1421 Chestnut St.,’ Phila
delphia, Pa.
Jennings, George C„ 60 Beaver St.
Jesup & Lament, 26 Broadway
Jewel, Norman J., 14 Wall St.
Jewett, Newman & Co., 26 Broadway.
Johnson & Co., R. H., 64 Wall St.
Johnson & Wood, 67 Broad St.
Johnson, Leeds, 49 Wall St.
Johnson, Robert G., 61 Broadway.
Johnston, Percy H.. Jr., 15 Broad St.
Johnston, Reed, 1 Wall St.
Jones & Co., 20 Broad St.
Joseph & Co., Morris, 52 Wall St.
Joseph, J. Bernard, 40 Wall St.
Josephthal & Co., 120 Broadway
Judson, Henry, 120 Broadway.
Junkin, Joseph de F., 3rd., 42 Broadway.
Jurgens, Herman E., 42 Broadway.
Kahn, Elliott M., 44 Pine St.
Kahn, Gustave H., 165 Broadway.
Kahn, Harry, Jr., 120 Broadway. .
Kamermayer, Henry, 50 Broadway.
Kaufmann & Co., Richard K., 120 Broadway.
Kaufmann, Leo, 25 Broad St.
Kay, Richards & Co., Union Trust Co. Bldg., Pitts
burgh, Pa.
Kay, William de Young, 61 Broadway.
Kean, Taylor & Co., 14 Wall St.
Keehn & Co., Grant* 50 Pine St.
Keen & Co., 123 So. Broad St., Philadelphia, Pa.
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.
Keppler, Emil A. C., 540 Morris Ave., Elizabeth,
N. J.
Kerngood & Co., 39 Broadway.
Kerr & Armstrong, 30 Broad St.
Kerr & Co., L. S., 11 Wall St.
Ralph E., 50 Broadway.
Kidder & Co., A. M., 1 Wall St.
KIDDER, PEABODY & CO., 17 Wall St.
KimbaU, Hervey L„ 42 Broadway.
Fra?k E.. 3773 Pine Tree Drive, Miami
Beach, Fla.
»
Herbert George, 25 Broadway.
K rk .William T„ 3rd, 39 Broadway
Klauber, Murray, 36 Wall St.
Khngenstein, Paul H„ 25 Broad St.
Knapp, Arthur, Jr., 47 Broad St.
S Ä Theodore J., 14 Wall St.
Q0 ’ Spencer B„ 29 Broadway
Koehler, John H„ 120 Broadway.
MEMBERS
Kohler, Fish & Co., 48 Wall St.
Kraebel, Raymond H., 50 Broadway.
KUHN, LOEB & CO., 52-54 William St.
Kutch & Co., 30 Broad 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, Troup & Co., 39 Broadway.
Lamm, Harold J., 50 Broadway.
Lamson Bros. & Co., 141 W. Jackson Blvd.,
Chicago, 111.
Lanahan, W. W., & Co., Calvert Bldg., Baltimore,
Md.
Langley & Co., W. C„ 115 Broadway
Lapham, Davis & Bianchi, 44 Pine St.
Lapham, Frank E., Jr., 120 Broadway
Larkin, Sylvester P., 135 Broadway
Lauro, Francis G., 1 Wall St.
Lawrence & Sons, Cyrus J., 115 Broadway
Lazard Freres & Co., 120 Broadway.
Leavitt, Phillip B., 50 Broadway.
Lehman Bros., 1 William St.
Leopold & Co.. James M., 64 Wall St.
Levi, Frank S., 39 Broadway.
Levinson, Edwin D., 39 Broadway
Lewinson & Co., Sydney, 50 Broad St.
Lewis & Co., John H„ 14 Wall St.
Lewisohn & Sons, Adolph, 61 Broadway
Lewisoim, Frederick, 595 Madison Ave.
Libaire, Stout & Co., 50 Broadway
Liberman, Herman N ., Jr., 25 Broad St.
Limburg, Alan M., 39 Broadway
Linburn, Ernest A., 25 Broad St.
Linder, Harold F., 61 Broadway.
Lindley, Allen L„ 44 Wall St.
Lindley, Daniel Allen, 44 Wall St.
Lindlpy, Warburton & Co., 30 Rockefeller Plaza.
Lipper, Arthur, Jr., 120 Broadway.
Livingstone & Co., S. R., Penobscot Bldg., Detroit,
Mich.
Lizars & Co., Rawson, 135 S. LaSalle St., Chicago,
111. •
Lloyd & Co., I l l Broadway
Lober Brothers & Co., 30 Broad St.
Lockwood, Peck & Co., 52 Broadway.
Loeb, Alsberg & Co., 120 Broadway.
Loeb, Carl M. Rhoades & Co., 61 Broadway.
Loeb, George A., 30 Pine St.
Loeb, Robert H., 25 Broadway.
Long, John E., 25 Broad St.
Louis & Co., J. C., 50 Broadway.
Low, Arthur J., 29 Broadway.
Lowell, James Russell, 1 Wall St.
Lowitz & Co., E., 29 Broadway
Luber & Co., 40 Wall St.
Luke, Banks & Weeks, 61 Wall St.
Lummis & Lee, 1 Wall St.
Lyon, W. Wallace & Co., 120 Broadway.
LYONS & CO., W. L., 231 S. 5th St., Louis
ville, Ky.
Mabon & Co., 50 Broadway
MacArthur, Malcolm, 47 Broad St.
MacDonald & Co., 220 Real Estate Tr. Bldg.,
Philadelphia, Pa.
Mackay & Co., 14 Wall St.
MACKUBIN, LEGG & CO., 222 E. Redwood St.,
Baltimore, Md.
MacQuoid & C o a d y .lll Broadway
Madden, Walter H„ 47 Broad St.
Mahaffey, Birch 0., 2101 Missouri Pacific Bldg.,
St. Louis, Mo.
Mahoney, Walter J., 15 Broad St.
Maier, Albert J., 42 Broadway.
Maier, John A., 42 Broadway.
Manheimer, DeWitt J., 50 Pine.
Manson & Co., Thos. L., 67 Broad St.
Maples & Goldschmidt, South Norwalk Trust Co.
Bldg., South Norwalk, Conn.
Marcus & Co.. 25 Broadway
Marcus & Co., J. H., 25 Broadway.
Marks & Co., Laurence M„ 49 Wall St.
Marquis & Co., L. J., 730 Fifth Ave.
Marshall, Campbell & Company, 61 Broadway.
Marshall, Levin R., 40 Wall St.
Masten, A. E., & Co., First National Bank Bldg.,
Pittsburgh, Pa.
Maxwell, Eugene L., 25 Broad St.
Mayer, Clinton 0. Jr., 120 Broadway.
Mayer & Hart, 111 Broadway
Maynard, Oakley & Lawrence, 61 Broadway
McCarthy, Daniel F„ 52 Broadway
McClave & Co., 254 Park Ave.
McClellan, George R., 40 Wall St.
McDermott & Co., Peter P„ 65 Broadway.
McDermott, David H., 65 Broadway.
McDonnell & Co., 120 Broadway.
McEneaney, Edward V., 47 Broad St.
McFall & Co., O. A., 73 Madison Ave., Memphis,
Tenn.
McGeoch, Arthur N., Jr., 11 Wall St.
McGough & Schuman, 61 Broadway.
McGregor, Irvine & Co., 1219 Chapline St.,
Wheeling, W. Va.
McIntyre, Hugh B., 50 Broadway.
McKay, N. Bruce, 42 Broadway.
McKelvey & Co., Union Trust Co. Bldg., Pitts
burgh, Pa.
McKenna, Arthur J„ 47 Broad St.
McKenna & Finucane, 40 Exchange Place.
McKenzie, Joseph E., 120 Broadway.
McKeon, Daniel Manning, 71 Broadway.
McKeon, Robert Manning, 71 Broadway.
McLaughlin. Joseph A., 50 Broadway.
McLean & Bishop, 42 Broadway.
McMannus & Mackey, 15 Broad St.
McShain, John, 17th & Spring Garden Sts.,
Philadelphia, Pa.
McVickar, E. S. J., 2 Wall St.
Meehan & Co., M. J., 30 Broad St.
Meffert, Robert F„ 49 Wall St.
Melady & Co., John, 39 Broadway
Mellick, J. Hartley, Jr., 50 Broadway.
Mellon, Charles Henry, 25 Broadway.
Mensch, Bernard L., 29 Broadway.
Mensch, Milton, 29 Broadway.
Merrill Lynch, E. A. Pierce & Cassatt, 70 Pine St.
Mesirow, Norman, 135 S. La Salle St., Chicago, 111.
Miller & Dodge, 30 Broad St.
Miller Frank A., 25 Broad St.
Miller, W. E., Hutton, 61 Broadway
Minton & Co.. D. M., I l l Broadway
Mitchel, Whitmer, Watts & Co., 14 Wall St.
MITCHELL, HUTCHINS & CO., 231 S. La
Salle St., Chicago, 111.
Montgomery, Scott & Co., 120 Broadway.
Moore & Co., D. T„ 50 Broad St.
Moore, Leonard & Lynch, 115 Broadway.
Moore & Schley, 100 Broadway.
Moors & Cabot. I l l Devonshire St., Boston, Mass.
Morgan & Company, Henry, 42 Broadway
Morris, Alfred M„ 61 Broadway.
Morris, A. W., & Co., 325 W. 8th St., Los Angeles,
Calif.
Morris, David V., 50 Broadway.
Morris & Co., William, 52 Wall St.
Morrison, H. Terry, 61 Broadway.
Morse, Anthony W„ 48 Wall St.
MOSELEY & CO., F. S., 14 Wall St.
Muir & Co., John, 39 Broadway.
Muller & Schryver, 40 Wall St.
Munn & McCauley, 30 Broad St.
Murfey & Co., Guardian Bldg., Cleveland, Ohio.
Murphy & Co:, G. M.-P., I l l Broadway
Myles, John L.. 47 Broad St.
Nammack, Jerome W., 40 Wall St.
Nash & Co., I l l Broadway.
Neilson, C. Frederic, Jr., 115 Broadway.
Neilson, Louis, 120 Broadway
Nelson, Palen, 48 Wall St.
Neuberger & Berman, The Biltmore Hotel,
Madison Ave. and 43rd St.
Neuberger, Harry H., 60 Beaver St.
Neuhut, Plohn & Co., 60 Broad St.
Neumoegen, Manfred L., 39 Broadway.
Newbold’s Son & Co., W. H., 1517 Locust St.,
Philadelphia, Pa.
Newoorg & Co., 30 Broad St.
Newburger, Loeb & Co., 40 Wall St.
Newcombe & Co., Chas. M., I l l Broadway
Newhard, Cook & Co., 400 Olive St., St. Louis
Mo.
Newman Bros. & Worms, 25 Broad St.
Newsome, John C., 50 Broadway.
Nick & Co., J. F., 120 Broadway
Nicolaus, Louis J., 314 N. Broadway, St.Louis.Mo.
Nims, Arthur V., 11 Wall St.
Noble, Henry S., 42 Broadway.
Norris & Kenly, 208 S. La Salle St., Chicago, 111.
Norris, Donald Lee, 61 Broadway.
Noyes & Co., David A., 208 S. La Salle St.,
Chicago, IU.
Noyes, Julius W., 1 Wall St.
Nugent, Igoe & Manning, 21£Commerce St.,
Newark, N. J.
Nuttall & Co., R. V., Park Bldg., Fifth Ave. and
Smithfield St„ Pittsburgh, Pa.
O’Brien & Co., E. F ., 15 Broad St.
O’Connor, Lyons & Co., 50 Broadway.
O’Gara & Co., Alfred, 209 S. La Salle St., Chicago
111.
Oliphant & Co., Jas. H. 61 Broadway.
Orvis Brothers & Co., 14 Wall St.
Orvis, Schuyler A., 14 Wall St.
O’Sullivan, James J., Room 1221, 20 Broad St.
Ottley, Gilbert. 165 Broadway
Paine, Webber & Co., 25 Broad St.
Parker, Alfred P., 44 Beaver St.
Parrish & Co., 40 Wall St.
Pearl, Dyer, 1 Wall St.
Peck, Barney, 44 Wall St.
Pedley, Martin & Co., 634 So. Spring St., Los
Angeles. Calif.
Peet & Co., H. O., 23 W. 10th St., Kansas City,Mo.
Pell & Co., 14 Wall St.
Pell, Peake & Co., 120 Broadway.
Pelzer, Frederick W., Room 963, 120 Broadway.
Peningtori, Colket & Wisner, 70 Pine St.
Perkins, Erickson & Co., Powers Bldg., Rochester,
N. Y.
Pershing & Co., 120 Broadway.
Pflugfelder, Bampton & Rust, 61 Broadway.
Pforzheimer & Co.. Carl H., 25 Broad St.
Pillot, Andre P., 48 Wall St.
Pinkerton & Whitney, 50 Broadway.
Further Information on firms appearing in bold face type will be found in the selected list o f Investm ent Dealers following bank list in each city
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
ST O C K E X C H A N G E M E M B E R S
1942
N E W Y O R K S T O C K E X C H A N G E — Continu ed
PIPER, JAFFRAY & HOPWOOD, 115 S. 7th
St., Minneapolis, Minn.
Pollard & Company, 120 Broadway.
Post & Flagg, 49 Broad St.
Potter, Eliphalet N., 42 Broadway.
Potter, J, W. Fuller, 120 Broadway
Potts, William RockMll, 47 Broad St.
Prescott & Co., 101 Guardian Bldg., Cleveland,
Ohio.
Pressprich & Co., R. W., 68 William St.
Price & Co., Geo. E., 60 Beaver St.
Prince, F. H„ & Co., 15 Westminster St., Provi
dence. R. I . '
Proctor, Cook & Co., 35 Congress St., Boston,
Mass.
Proskauer, Richman, 11 Wall St.
Pryibil, Paul, 120 Broadway.
Purcell & Co., Edward A., 65 Broadway.
Purcell, James G., 115 Broadway.
Purdy, StrotUer B., 42 Broadway.
Putnam & Co., 6 Central Row, Hartford, Conn.
Pyne, Kendall & Hollister, 60 Wall St.
Quincey & Co., Chas. E., 25 Broad St.
Quinn, Benedict N„ 61 Broadway.
Quinn, Walter A., 50 Broadway.
Raebeck, William, 67 Wall St.
Raiss, John, 52 Wall St.
Raschen, John W„ 42 Broadway.
Ray, Joseph B., 50 Broadway.
Rayner, Thomas, 42 Broadway.
Reckling, Harold M., 42 Broadway
Regan & Moore, 50 Broadway.
Reeves, Edward J., 61 Broadway.
Read, Fergus, Jr., I l l Broadway.
Reilly, Wm. B.. 50 Freeman St.. Newark, N. J.
Reiner & Co., Milton E., 120 Broadway
REEVHOLDT & GARDNER, 400 Locust St.,
St. Louis, Mo.
Reynolds & Co., 120 Broadway.
Reynolds, Fish & Co.. 120 Broadway.
Rheinstein, Sidney, 30 Pine St.
Rhodes, Edmund, 30 Broad St.
Rhodes, Gilbert L.. 120 Broadway.
Rice & Co., Daniel F„ 141 W. Jackson Blvd.,
Chicago, 111.
Rice, Edward J., 52 Wall St.
Rich & Clark, 65 Broadway.
Richard & Co., C. B., 44 Beaver St.
Richards, C. Fred, 52 Wall St.
Richards, Fred L., 36 Wall St.
Richards, Hume & Heffeman, 49 Wall St.
Ristine & Co., F. P„ 15 Broad St.
Riter & Co., 48 Wall St.
Rittmaster, David H., 165 Broadway.
Rives, Reginald B., 47 Broad St.
Roberts & Co., 61 Broadway
Robinson, N. Dorsey, 47 Broad St.
Rockefeller, Laurance S., 30 Rockefeller Plaza.
Roesler, Walter, 1 Wall St.
Rogers, Frank C., I l l Broadway.
Rogers, Wilbur H., 120 Broadway.
Rollins, Ernest C., 52 Broadway.
Rollins, G. Edward, 70 Pine St.
Romaine, Theodore C., 61 Broadway.
Rose & Co., Luke H., 50 Broadway.
Rose, Raymond S., 30 Broad St.
Rosenau, Walter N., 1 Wall St.
Rosenbaum & Co., Richard, 39 Broadway.
Rosenbaum & Co., William M„ 285 Madison Ave.
Rossbach, Laurence B., 36 Wall St.
Rossmann & Co., F. L„ 120 Broadway.
Roth & Co., B. H., 25 Broad St.
Roth & Co., E . J., 50 Broadway
Rothschild & Co., 105 W. Adams St., Chicago, 111.
Rothschild & Co., L. F., 120 Broadway.
Rowland, Reginald. 50 Broadway.
Ruggles, Burnet R., 14 Wall St.
Russell, Marshall H., 39 Broadway.
Rutherfurd, John, 120 Broadway.
Sabater, William F., 42 Broadway.
Sackett & Co., Ray P., 71 Broadway
Sagar & Co., W. S., 30 Pine St.
Sage Henry W., Jr., 40 Wall St.
SALOMON BEOS. & HUTZLER, 60 Wall St.
Salomon & Co., F. L., 30 Broad St.
Salomon, Robert S., 60 Wall St.
Salter, John A., 42 Broadway.
Salzer. Herbert D.. 120 Broadway.
MEMBERS
Samuel & Co.. Ralph E.. 115 Broadway.
Sargeant, Maio & Co., Equitable Bldg., Denver,
Colo.
Sartorius, Engel & Co., 39 Broadway
Satterfield & Lohrke, 42 Broadway.
Scarritt & Bardach, 120 Broadway
Schafer Bros,, 120 Broadway.
Schafer, Myron, 30 Pine St.
Scheftel, Herbert, 36 Wall St.
Schenker, Adolph, 30 Broad St.
Schiff & Young, 15 Broad St.
Schirmer, Atherton & Co., 79 Milk St., Boston,
Mass.
Schoellkopf & Co., 70 Niagara St., Buffalo, N. Y.
Scholl, Thomas F., 50 Broad St.
Scholle Brothers, 40 Wall St.
Schonfleld, Jacob, 60 Beaver St.
Schreiber, Pierrepont D„ 50 Broadway
Schubert, George C., 60 Beaver 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 & StringfeUow, P. 0. Box 1575, Richmond,
Va.
SCRANTON & CO., CHAS. W., 209 Church St.,
New Haven, Conn..
Seaman, Henry Brevoort, 42 Broadway.
Seaman, Joseph H., 50 Broadway
Seasongood & Haas, 63 Wall St.
Seeley, Nathaniel S., 71 Broadway.
SELIGMAN & CO., J. & W., 65 Broadway.
Seligman, James, 30 Pine St.
Seligmann, George A., 120 Broadway.
Seligmann, Julius, Drawer 38, Station A., San
Antonio, Tex.
Selissberg & Co., 50 Broad St.
Seskis, John Y„ 50 Broad St.
Shaskan, George Lincoln, 40 Exchange PI.
Shaskan & Co., 40 Exchange PI.
Shaw, George W., c/o Bell & Beckwith, Toledo,
Ohio.
Shea & Co., James F., 60 Beaver St.
Shearson, Hammill & Co., 14 Wall St.
Shethar, John B., 120 Broadway.
Shields & Company, 44 Wall St.
Shields, Robert McC., 61 Wall St.
Shippee & Rawson, 111 Broadway.
Shufro, Rose & Co., 1 Wall St.
Sichel, Eugene A., 120 Broadway.
Siegel. Isaac, 61 Broadway
Silberberg & Company, D. H., 63 Wall St.
Silverman, Clement M.., 60 Beaver St.
Simmons, Cheston, 47 Broad St.
Simmons, E. H. H., 50 Broad St.
Simmons, Zalmon G., Jr., 254 Park Ave.
SIMON & CO., I. M., 315 N. 4th St., St. Louis,
Mo.
Simonds, Robinson, 111 Broadway.
Sincere & Co., 231S. La Salle St., Chicago, 111.
Singer, Deane & Scribner, Union Trust Bldg.
Pittsburgh, Pa.
Slater, Robert V., 39 Broadway.
Slepack & Co.. 25 Broadway
Smith, Barney & Co., 14 Wall St.
Smith, Bert V., 20 Broad St.
Smith, E. Dutilh & Co., 120 Broadway.
Smith, E. E. T., 14 Wall St.
Smith, Frank & Co.. 200 Fifth Ave.
Smith, Herbert L., Jr., Clifton Farm, Orange, Va.
Smith, Kenneth R., 120 Broadway.
Smith, Ralph C„ 115 Broadway
Smith & Co., Wilbur F„ 40 Wall St.
Smith & Gallatin. 2 CBroad St.
SMITHERS & CO., F. S., 30 Broad St.
Snyder, Wilson & Co., 410 Madison Ave., Toledo,
Ohio.
Somers & Schafer, 50 Broadway
Sonn, Herbert H„ 39 Broadway.
Soucy & Co., 49 Federal St., Boston, Mass.
Southgate & Co., 33 State St., Boston, Mass. Sparks & Co., J. W„ 50 Broadway
Spear & Leeds, 25 Broad St.
Sperber, Benjamin, 25 Broad St.
Spero & Klauber, 120 Broadway.
Speyer, Alexander C., Jr., 61 Broadway.
Spielman, David B„ 50 Broadway.
Spingarn & Co., Leopold, 29 Broadway.
Sprague, Raymond & Co., 39 Broadway.
Stafford & Co., 50 Broadway.
Stamm & Co., A. L„ 120 Broadway
Stanley, Janeway & Howe, 40 Wall St.
Stanton & Co., 42 Broadway.
Starkweather & Co., I l l Broadway.
Starr, William T., 61 Broadway.
Stebbins, Ernest Vail, 42 Broadway.
Stein Bros. & Boyce. 6 S. Calvert St., Baltimore,Md.
Stein, Jules C., 9370 Burton Way, Beverly Hills,
Calif.
Steiner, Rouse & Company, 25 Broad St.
Sterling, Grace & Co., 50 Broad St.
Stern & Co., Allison, 25 Broad St.
Stern Brothers, 39 Broadway
Stern, Edwin H., Jr., 120 Broadway
STERN, LAUER & CO., 30 Pine St.
Sternberger, Henry S., 1 Wall St.
Stevens & Legg, 120 Broadway.
Stevenson & Bartram, 120 Broadway.
Stewart, John A., 3rd, 120 Broadway.
Stokes, Hoyt & Co., 61 Broadway.
Stone Bros., 14 Wall St.
Stonehill, Harold S., 39 Broadway
Stout, Bayard Dominick. 47 Broad St.
Stralem, Pierre, 44 Pine St.
Strassburger & Co., 133 Montgomery St., San
Francisco, Calif.
Strasser, Robert, 120 Broadway.
Straus, Ferdinand A., 50 Broadway.
Strauss, Max, 120 Broadway.
Strauss, Phillips & Co., 120 Broadway
Stroock & Co., Stephen J., 1 Wall St.
Struthers & Dean, 40 Wall St.
Sulzbacher, Granger & Co., I l l Broadway.
Sutro & Co., 407 Montgomery St., San Francisco,
Calif.
Sutro Bros. & Co., 120 Broadway
Swan & Co., J. E., 61 Broadway.
Sweetser & Co., 1 Wall St.
Swinnerton & Co., R., 36 Wall St.
Talcott, Potter & Co., 347 Madison Ave.
Talmadge, John D„ 40 Exchange PI.
Tanburn, Stephen A., 50 Pine St.
Taylor, Bates & Co., 48 Wall St.
Taylor & Co., W. R. K., 120 Broadway
Tenney, Rockwell C., 40 Broad St., Boston, Mass.
Thaw. Lawrence Copley, 1 Wall St.
Thomas, Richard Russell, 47 Broad St.
Thomson & McKinnon, 11 Wall St.
Thomas, Williamson, 47 Broad St.
Thorne & Co., F. B., 49 Broad St.
Thurnauer, Arthur F., 165 Broadway.
Tierney, Andrew J., 50 Broadway.
Tifft Brothers, Third National Bank Bldg.,
Springfield, Mass.
Timmins & Company, J. R., 61 Broadway.
Tobey & Co., 29 Broadway.
Tobey & Kirk, 52 Wall St.
Tobias, W. Eldridge, 50 Broadway.
Toerge & Schiffer, 15 Broad St.
Tompkins, Frederic P., 47 Broad St.
TOWNSEND, ANTHONY & TYSON, 3» State
S t., Boston, Mass.
Townsend, Graff & Co., 120 Broadway.
Trask & Co., Spencer, 25 Broad St.
Trask, John J., 47 Broad St.
Travers & Taylor, 120 Broadway
Travers, Leo B., 50 Broadway.
Trimble & Co., 1326 Walnut St., Philadelphia, Pa.
Trubee, Collins & Co., M & T Bldg., Buffalo, N. Y.
Tucker, Anthony & Co., 120 Broadway
Turner, Wallis S., 50 Broadway.
Turnure & Co., Lawrence. 1 Wall St.
Tweedy, Edmund R., 120 Broadway.
Ungerleider & Co., 50 Broadway.
Untermeyer, Milton F., 60 Beaver St.
Untermeyer, Milton F„ Jr., 60 Beaver St
Vachio, Frank A., 42 Broadway.
Vaughan & Company, 50 Broadway
Vercoe & Co., Huntington Bank Bldg., Columbus,
Ohio.
Vernon, Miles H., 1 Wall St.
Vesce, Anthony P., I l l Broadway.
Vesce, Joseph V., 71 Broadway.
Vietor, Common & Co., Marine Trust Bldg.,
Buffalo, N. Y.
Vilas & Hickey, 49 Wall St.
Wadsworth, Willard, 1 Wall St.
Wagner, Stott & Co., 19 Rector St.
Wainwright & Co., H. C., 60 State St., Boston
JV£ciss»
Wainwright, Luce and Willetts, 52 Wall St.
Waldheim, Platt & Co., 308 N. Eighth St., St,
Louis, Mo.
Walker Brothers, 71 Broadway
Walker & Co., G. H„ 1 Wall St.
Walker & Sons, Joseph, 120 Broadway
Waller & Co.. 115 Broadway
Walston & Co., 265 Montgomery St., San Francis
co, Calif.
Ward, Charles J., 39 Broadway.
Ward, Gruver & Company, 40 Exchange Place.
Wardle, H. Allen, 40 Wall St.
Ware & Keelips, 100 Broadway.
Wa«h r, H. R.,
14 Wall
St.
S-r m ' n
A d W a ll fit
Further Information on firms appearing In bold face type will be found in the selected list o f Investm ent Dealers following bank list In each city.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
ST O C K E X C H A N G E M E M B E R S
1943
N E W Y O R K S T O C K E X C H A N G E — C ontinued
MEMBERS
Watling, Lerchen & Co., Ford Bldg., Detroit, Mich.
Watson, Charles F., Jr., 67 Broad St.
Watson, George E„ Jr., 1 Wall St.
Watson & Co., T. L„ 40 Wall St.
Watts & Lovell, 50 Broadway
Weekes, Harold H„ 30 Pine St.
Weil & Doyle, 30 Broad St.
Well, "Arthur C., 25 Broad St.
Weil, Sylvan E., 60 Beaver st.
Weingarten & Co., 29 Broadway.
Welles & Co., C. E., 25 Broadway
i ,
White, Leonard D., 20 Exchange PI.
White, Weld & Co., 40 Wall St.
Whitehead, Edward R„ 52 Broadway.
Whitehead, Edward R„ Jr., 52 Broadway.
Whitehouse, Hudson & Co., 1 Wall St.
Whiteley, Aubrey S., 1 Wall St.
Whitman, Herbert S., 47 Broad St.
Whitney & Elwell, 30 State St.. Boston, Mass.
Whitney & Sons, H. N., 49 Wall St.
Wiesenberger & Co., Arthur, 56 Beaver St.
Wilcox & Co., 14 Wall St.
Wilder, George H., 1 Wall St.
Willett, George, 61 Broadway.
Williams & Co., Blair S., 25 Broad St.
Williams, Kenneth R., 115 Broadway.
Williston & Co., J. R., 115 Broadway.
Wilson, Alanson H. R., 61 Broadway.
Wilson, Franklin B., 11 Wall St.
Winkhaus, John T., Jr., 47 Broad St.
Winmill, J. Bassett, 1 Wall St.
Winslow, Douglas & McEvoy, 120 Broadway
Winthrop, Mitchell & Co., 26 Broadway
Winthrop, Robert & Co., 20 Exchange PI.
Wlsner, Charles H., 40 Exchange Place.
WELLINGTON & CO., 120 Broadway
Wenman & Co., 48 Wall St.
Wertheim, Albert, 120 Broadway.
WERTHEIM & CO., 120 Broadway
West, Samuel W., 120 Broadway.
Westheimer & Co., 324 Walnut St., Cincinnati,
Ohio.
Whaley & Potter, 120 Broadway.
White, Frederic N. Lawrence. 47 Broad St.
White, George C., 40 Wall St.
Witter, Dean & Co., 45 Montgomery St., San
Francisco, Calif.
WOOD & CO., A. C., Jr., 511 Chestnut St.,
Philadelphia, Pa.
Wood, Chalmers, 67 Broad St.
Wood & Co., Langdon B., M & T Bldg., Buffalo,
N. Y.
Wood, Low & Company, 63 Wall St.
Wood, Struthers & Co., 20 Pine St.
Woody, Charles L., Jr., 39 Broadway.
Woolner, Adolph, 36 Wall St.
Worthington, George L., 50 Broadway.
Wrenn, Philip W., 19 Congress St., Boston, Mass.
Wright, Charles C., 115 Broadway.
Wurts, Dulles & Co., 1416 Chestnut St., Phila
delphia, Pa.
Wylé, John J., 50 Broadway.
Yarnall & Co., 1528 Walnut St., Philadelphia, Pa.
Young, T. Sloan, 30 Pine St.
Zucker, Arthur A., 1 Wall St.
Zuckerman, Paul S., 39 Broadway.
OHIO
CIN CIN N ATI S T O C K E X C H A N G E
(208-209-210 Dixie Terminal Bldg.)
Officers: C. H. Reiter, President
Milton W. Lepper, Vice-President;
J. B. Reynolds, Treasurer;
Chas. H. Steffens, Secretary
SCHEDULE OF KATES OF COMMISSION (March 1,1936)
ON STOCKS
Price
Kate Per Share
Selling under $1.00 per share________________As determined by member
Selling at $1.00 per share and below $5.00 per share__ Not less than 7J^c
Selling at $5.00 per share and below $10.00 per share..N ot less than 15c
Selling at $10.00 per share and below $150.00 oer share.Not less than 25c
Selling at $150.00 per share and below $200.00 per share.Not less than 50c
Selling at $200.00 per share and below $300.00 per share.Not less than $1.00
Selling at $300.00 per share and below $400.00 per share.Not less than $1.50
Selling at $400.00 per share and over.... .........................N ot less than $2.00
MINIMUM COMMISSION ON STOCKS
Provided, however, that on every transaction which involves an amount
of $15.00 or more, the minimum commission shall be not less than $2.50.
A transaction which involves under $15.00, the minimum commission shall
be as determined by the broker.
Price
ON RIGHTS AND WARRANTS
Rate Per Right
or Warrant
Selling under 5 0 c ..------------------------------------- (as mutually agreed upon)
Selling at 50c but under $1.00............................................. Not less than 3c
Selling at $1.00 but under $ 5 .0 0 ....................................... Not less than 5c
Selling at $5.00 but under $10.00..............
Not less than 7J^c
8elling at $10.00 and above..........................
Not less than 15c
MINIMUM COMMISSION ON RIGHTS AND WARRANTS
Provided, however, that on every transaction which involves an amount
of $5.00 or more, the minimum Commission shall be not less than $1.00.
A transaction which involves under $5.00, the minimum Commission shall
be as determined by the Broker.
FRACTIONAL SHARES
There shall be charged a Commission not less than 50 cents on fractional
shares.
JOINTLY LISTED STOCKS
As to stocks and rights which are listed on the New York Stock Exchange,
the Commission shall not Be less than are provided oy the rules of the New
York Stock Exchange. Whenever the Board of Trustees however, deems
advisable to do so, they may designate any security listed, on the Cincinnati
Stock Exchange and any other principal exchange, in which the Commission
shall not be less than are provided by the rules of such other Exchanges.
(Aluminum Industries, American Laundry Machinery, Eagle Picher Lead,
U. S. Playing Card and Waco Aircraft all traded, in on the New York Curb
have been so designated.)
BONDS
The Commission charge on all bonds, except that of IJ. S. Bonds, is onequarter of one per cent on the par value. The Commission charge on
U. S. Bonds is one-eighth of one per cent.
RATES TO MEMBERS—GIVE-UPS. On stocks listed only on the
Cincinnati Stock Exchange the Commission shall not be less than the rates
given below:
Rate per share
Selling under $1.00 per share................................... as mutually agreed upon
Selling at $1.00 but under $ 5 .0 0 ...............................
Not less than lc
Selling at $5.00 but under $10.00............
.N ot less than 3c
Selling at $10.00 and above__________________________ Nbt less than 4c
On stocks listed Jointly on the New York and Cincinnati Stock Exchange
the Commission shall not be less than the rates given below. (These rates
also apply to Aluminum Industries, American Laundry Machinery, Eagle
Picher Lead, U. S. Playing Card and Waco Aircraft, which are traded in
on the New York Curb.)
Selling under $1.00 per share------------ --------. . . . a s mutually agreed upon
Not less than lc
Selling at $1.00 but under $5.00..............................
Selling at $5.00 but under $ 1 0 . 0 0 . . . . . . . . ____ Not less than 2c
Selling at $10.00 and o v e r . . . . . . . . . . ..............................N ot less than 2J£c
CLEARANCE BUSINESS
On odd lot business in a stock in which an odd lot book is operated, the
give up fee shall not be less than one-half the regular give up rate.
RATES TO MEMBERS—On business for members of the Exchange
when the principal is not given up, the Commission shall not be less than
one-half of the non-member rates.
The Commission on rights and warrants shall be the same as on stocks,
except in the case of rights and warrants selling below $1.00 on which the
Commission may be mutually agreed upon.
The Commission on bonds shall not be less than 40 cents per $1,000 par
value on bonds.
REGISTERED FIRMS
Bartlett, BenJ. D. & Co., 313 Vine Street.
Barth Co., J. L., Dixie Terminal Bldg.
Beiser, Geo. W., 217 Dixie Terminal Bldg.
Cohle, H. B. & Co., Union Trust Bldg.
Cohle, Herman B., Union Trust Bldg.
Créé, H. Ellwood, 144 N. E. 2nd Ave., Miami, Fla.
Dominick & Dominick, 115 Broadway, New York.
fox & Co., W. E„ Fourth Natl. Bank Bldg,
inedlander, A. J., 313 Vine St.
Gradison, W. D. & Co., 408 Dixie Terminal Bldg.
GBANBERRY & CO., 50 Broadway, New York,
Hill & Co., Carew Tower.
Hill, Kenneth P., Carew Tower
Hutton, W. E. & Co., First National Bank Bldg.
Hutton, J. M„ First Natl. Bank Bldg.
Jones, Herbert A., 408 Dixie Terminal Bldg.
Lepper, A., & Co., First National Bank.Bldg.
Lepper, Milton W., First Natl. Bank Bldg.
Lowenthal, Ben, 209 Dixie Terminal Bldg.
LYONS & CO., W. L., St. Paul Bldg.
Nussloch, Leo J., Fourth N at’l Bank Bldg.
Reiter, C. H., & Co., Union Trust Bldg.
Reiter, Clifford H., Union Trust Bldg.
Reynolds, C. K., 50 Broadway, New York, N. Y.
Reynolds, Jos. B., 313 Vine St.
Simpson, Wm. S., Union Trust Bldg.
Stephenson & Potter, Union Central Bldg.
Stephenson, S. F., Union Central Bldg.
Stout, Gardner D„ 115 Broadway, New York, N.Y.
Tobias, Chas. H., First Natl. Bank Bldg.
Tyree, Victor L., 2324 Park Ave.
WEIL, ROTH & IRVING CO., THE, 217
Dixie Terminal Bldg.
Westheimer & Co.. First National Bank Bldg.
Weston, E. J., St. Paul Bldg.
further information on firms appearing in hold face type will be found in the selected list of Investm ent Dealers following bank list In each city
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
ST O C K E X C H A N G E M E M B E R S
1944
CLEVELAN D STO CK EXCHANGE
David G. Skall, Treasurer',
Officers: Russell I. Cunningham, President;
Percy W. Brown, Vice-President;
Wm.
J.
Perry,
Asst.
Secretary.
Cecil B. Whitcomb, Secretary;
SUBSCRIPTION BIGHTS
SCHEDULE OF COMMISSION BATES
Minimum
Commission
Effective February 26,1940
Selling
Price
C om m ission
Rate
Per Right
PrloAs
Per Right
per Share
Stocks Selling
3c
Under 50c------------------------------------------------------------------------Under $1
50c but under $1-------------- — ----- ------------------------- --------—
Minimum commission $1.00
$ 1 and,up to and including 4% ...................... &.............- ...............— »c
1 and up to and including 9 % ---------------- — --------- ifm
$ 5 and up to and including 9% ................................................. .........
'm
llg
10 and up to and including 24% . . . .........— — - ................
$10 and above----------------- 1------------------------------------------------- 10C
25 and up to and including 4 9 % - . . ........ —.................................... “ 3®
50 and up to and including 124% . .. ------ V------------------------------ "3®
125 and up to and including 299% ——- .............- ........................
«6®
*Commission may be mutually agreed upon
300 and up to and including 499% . —..........................- .....................
500 and over. ------ —l..¡ j ---------------------------------------------------- $ i.u u (
t M inim um Commission $1.00
MINIMUM
Minimum
Commission
Notwithstanding the foregoing the minimum commission, when the amount
Per $1000
BONDS
involved in a transaction is less than $10, shall bë as mutually agreed; when
Par Value
the amount involved is $10 or more, but less than $50, the minimum com
mission shall be not less than 6% of such amount or $1, whichever is greater;
$2.50
All Bonds (except those with a maturity date within two years). .
and when the amount involved is $50 or more the minimum commission
1.25
With a maturity date within two years.........................................
shall be not less than $3.
MEMBERS
Paine, Webber & Co. , 1111 Terminal Bldg.
Graves, Forrest A., 1846 Union Commerce Bldg.
BACHE J. S., & CO., 200 National City Bldg.
Perkes, Albert E., 736 Union Commerce Bldg.
Prescott & Co., 101 Guardian Bldg.
Halle, E. S., Will S. Halle & Co., 511 Swetland
*Bahl, Jr., Gaylord W., Mansfield, Ohio.
Robbins, Gunn & Co., 2007 Union Commerce Bldg.
Banning, S. S., 1582 Union Commerce Bldg.
Robbins, William T., 2007 Union Commerce Bldg.
Halle & Co., Will 8., 511 Swetland Bldg.
Bates, E. L„ 1937 Union Commerce Bldg.
Sampliner, S. H., 200 National City Bldg.
Hawley, Dudley A., Hawley, Shepard & Co., 1436
Bates & Co. 1937 Union Commerce Bldg.
Saunders, E. A.
_
Union Commerce Bldg.
Baugn, Daniel III, 1280 Union Commerce Bldg.
Schmitt, Ralph S., 1250 Union Commerce Bldg.
Hawley, Shepard & Co., 1436 Union Commerce
Beane, A. C., Jr., Leader Bldg.
—.
Schudt, Charles, 1737 Union Commerce Bldg.
*Bell & Beckwith. Home Bank Bldg., Toledo, Ohio
Schultz & Co., L. J., 736 Union Commerce Bldg.
Havden, Miller & Co., 1250 Union Commerce Bldg.
Birchard, L. 0., 101 Guardian Bldg.
Schultz, L. J., 736 Union Commerce Bldg.
Hornblower & Weeks, 1040 Union Commerce Bldg.
Borton, Kay & Co., 1837 Union Commerce Bldg.
*Secor, James J., Home Bank Bldg., Toledo, Ohio
Jackson & Curtis, 1737 Union Commerce Bldg.
Borton, T. E„ 1837 Union Commerce Bldg.
Skàll, David G., 2031 Union Commerce Bldg.
Brown, P. W., Hornblower & Weeks, 1040 Union
Skall & Co., David G., 2031 Union Commerce
Macklin,
Gordon
S.,
1280
Union
Commerce
Bldg.
Commerce Bldg.
Bldg.
Macklin, Gordon & Co., 1280 Union Commerce
Butler, Wick & Co., Youngstown, Ohio.
Smith, W. H „ 215 Cuyahoga Bldg.
Bldg.
*Collin, Norton & Co., Gardner Bldg., Toledo, O.
Snyder, Robert W., 2027 Union Commerce Bldg.
Masters, Olan B., Union National Bldg., Youngs
Craft, Don M., 1111 Terminal Bldg.
Snyder & Co.. W. S., 2027 Union Commerce Bldg.
town, Ohio
Cunningham, R. I., Cunningham & Co., 1846
Soucy, Ernest W., Soucy & Co., 49 Federal St.,
McClintock, A. R., 1040 Union Commerce Bldg.
Union Commerce Bldg. .
.
Boston, Mass.
McConnell, Edw. S., 901 Guardian Bldg.
Cunningham & Co., 1846 Union Commerce Bldg.
Soucy & Co., 49 Federal St., Boston, Mass.
McDonald-Coolidge Co., 1001 Union Commerce
Curtiss, House & Co., 1201 Union Commerce Bldg.
Stanley, A, D.
•
Bldg.
Stanley & Co., 2032 Union Commerce Bldg.
Ely, S. Prescott, Curtiss, House & Co., 1201
Stanley, Willard C., 2032 Union Commerce Bldg.
McLaren, H. B„ 1001 Union Commerce Bldg.
Union Commerce Bldg.
Stern, Morton F., 200 National City Bldg.
Merrill Lynch, E. A. Pierce & Cassatt, 215
Stiver, Lawrence, 200 National City Bldg.
Cuyahoga Bldg.
'
.
Fenner & Beane, Leader Bldg.
Morrow & Co., 1147 Union Commerce Bldg.
*Walbridge, W. Sinclair, Gardner Bldg., Toledo,
Morrow, F. W., 1147 Union Commerce Bldg.
Ohio.
Muren, Maynard H., 1186 Union Commerce Bldg.
Gillis, Russell & Co., 1582 Union Commerce Bldg.
Wellsted & Co., 1242 Union Commerce Bldg.
Murch & Co., Maynard H., 1186 Union Commerce
Glick, Robert J., Bates & Co., 1937 Union Com
Wellsted, T. C. 1242 Union Commerce Bldg.
merce Bldg.
Bldg.
Witt, John P., 2029 Union Commerce Bldg.
Murfey & Co., 901 Guardian Bldg.
Gottron, Richard A., Gillis, Russell & Co., 1582
Witt, John P. & Co., 2029 Union Commerce Bldg.
Murfey,
Latham
W.,
901
Guardian
Bldg.
Union Commerce Bldg.
(Associate Members *)
PENNSYLVANIA
PH ILA D ELPH IA S T O C K EX CH A N G E
Officers:
B. Frank Townsend, Jr., President; Edgar Scott, Vice-President; John R. Huhn, Jr., Secretary; Frank E. Baker, Treasurer;
Thomas B. Gravatt, Assistant Secretary, Assistant Treasurer and Auditor.
COMMISSION BATES
{March 1, 1937)
NON-MEMBEB COMMISSION BATES ON STOCKS
AND SUBSCRIPTION BIGHTS
M inim um
Selling Price Per Share
R atfpCT SbTre
1/256 of $1.............................................................................. 0.1c per share
1/128 of $1..............— - ______ - ...................- ......... - ......... 0-i5c Per s£are
share
From 1/64 of $1 to 1/16 of $1........ ........... — r r ................. Ogc perch!>ro
From 3/32 of $1 to 7/32 of $1............ - .............- ................. 1-Oc per share
per
share
From % of $1 to 15/32 of $ 1 ------------------------------------- l-5c
From % of $1 to 31/32 of $1------------------------------------- 3.0c per share
per
share
From $1 to $1% -— ................................— .....................— g.0e
per share
per
share
From $3 to $3% .— , ................ — ....................... T..............7.0c
From $4 to $4%_— - .......................................— — — 3.0c per share
per
share
From $5 to $5%— „ ..............................................................
From $6 to $ 6 % _ -......................................................... — -1 0 .0 c per share
share
From $7 to $7%....................... - ...................................... - r - - & 2 g per
per share
per share
From $10 to $ 1 9 % „ —
— - ............................................14.0c per share
From $20 to $29%.......................................- .........................1°R® per share
per share
From $40 to $49%..................................... - ........................... l™ c per share
From $50 to $59%................................................... ...............18 0c per share
From $60 to $69%.................................. - .............................. 19 0c per share
From $70 to $79%................................................................... 20.0c per share
From $80 to $89%.................. ——.................... - ................. 21.0c per share
From $90 to $99% ——...................................................... —22.0c per share
For each additional $10 or fraction thereof.,------ ———— 1.0c additional
M inim um Charge Per T ransaction—Notwithstanding the foregoing,
when the amount involved in a transaction is less than $10, the commission
shall be as mutually agreed; when the amount involved is $10 or more but less
than $50, the minimum commission shall be not less than 6% of such amount
or $1, whichever is greater; and when the amount involved is $50 or more,
the minimum commission shall be not less than $3.
BONDS
, „ . „
Per $1000 of principal (except as stated in Article XXVI, Section 2 (d)
of the Constitution) ;
.._
Under $1 0 ..:_________ __ ____ ____ _____ .___ - _Not less than 75c
$10 and above” "but under $100........ - ............................ -Not less than $1.25
$100 ând abov6
__ .___ - ___„ ________ _—Not loss tüân $2.50
Exception to Com mission R ates, effective Ja n u a ry 20» 1938:
Members are permitted to charge a commission equal to that in force in
any dual market in which a security is traded.
Between Members
BONDS
When Cleared
Not less than eighty cents for each $1000 bond.
When Not Cleared
Not less than fifty cents for each $1000 bond.
STOCKS
When Cleared
„ , „
Price
Rate Per Share
Selling under 5 0 c.. . . . .
_________- ________ —
—
— As mutually agreed
Selling at 50c and above,"but under $1.00.................
NotlessthanAc
Selling at $1.00 and above, but under $10.00..........................Not less thanljic
Selling at $10.00 and above, but under $50.00................Not less than 5c
Selling at $50.00 and above, but under $100.00..............Not less than 6c
Selling at $100.00 and above_______________ — ----- Not less than 7c
When N ot Cleared
— .¡P k
Price
Rate Per Share
Rolling tinder 50c
____ ___ _____ _______ _As mutually i .
Selling at 50c and above.’ but under $1.00............................... Not less than%c
Selling at $1.00 and above, but under $ 1 0 .0 0 ................Not less than lc
Selling at $10.00 and above, but under $100.00..............Not less than 2c
Selling at $100.00 and above..................................................... Not less than2%c
STOCK SUBSCRIPTION BIGHTS
When Cleared
Rate Per Share
Selling1 under 50c ........... ....................- .......................... As mutuafiy agreed
Sellini at 50c and above, but under $1.00....................... Not less than l^ c
Selling at $1.00 and above, but under $5.00................—Not less than ¿c
Selling at $5.00 and above, but under $10.00.................. Not less than 2%c
Selling at $10.00 and above.....................- .......................Not less than 4C
When Not Cleared
„ t
Price
1
Rate Per Share
Selling under 50c------------------------ ---------------- -----A ?
th a rf^ c
Selling at 50c and above, but under $1.00....................... Not less than W
Selling at $1.00 and above, but under $5.00-----. . . . . . . Not less than A
Selling at $5.00 and above, but under $10.00.................. Not less than ic
Selling at $10.00 and above___ ..._——i ——•-----------N o t less than ¿c
The minimum commission on any transaction between members shall
25c.
Further Information on Arms appearing In bold face type will be found In the selected list df Investm ent Dealers following bank list in
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
e a ch
city
ST O C K E X C H A N G E M E M B E R S
1945
P H I L A D E L P H I A S T O C K E X C H A N G E — C ontinued
MEMBERS
Ashton, Augustus Trask, 1502 Finance Bldg.
Graff, Frank M., 1411 Walnut St.
Greene, Norman J„ Berwyn, Pa.
Greenwood, H. T. & Go., 1411 Walnut St.
Greer, Thomas Raymond, Germantown Cricket
Club.
Guarniery, Robert Y., 518 Stock Exchange Bldg.
BACHE, J. S., & CO., 1411 Walnut St.
Bachman. Frank H., 212 So. 15th St.
Baker, Weeks & Harden, 1421 Chestnut St.
Banks, Clayton F., 123 So. Broad St.
Barclay, Henry C., Chestnut Hill, Pa.
Barclay. Moore & Co., 123 S. Broad Street.
Bayuk Brothers, Packard Bldg.
Bean, Chas. H. & Co., 123 S. Broad St.
Beers, Allen E., & Co., Allentown, Pa.
Bernstein, Harry L., 518 Stock Exchange Bldg.
Biddle & Co., Moncure, 1520 Locust Street.
Biddle, Whelen & Co., 1606 Walnut St.
Bioren, John S., 1508 Walnut Street.
Hackett, W. N. & Co., 212 So. 15th St.
Hammitt & Co., 602 Stock Exchange Bldg.
Hamstrom, Walter, 6326 Ross St., Germantown.
Harper, James B., Stock Exchange Bldg.
Harrison & Co., 123 S. Broad Street.
Hauberger, George H„ 609 Stock Exchange Bldg.
Hecker & Co., Liberty Trust Bldg.
Hopper, Soliday & Co.. 1420 Walnut St.
Hornblower & Weeks. 1429 Walnut Street.
Huhn, John R., Jr., Stock Exchange Bldg.
Hutton & Co.. W. E.. 1529 Walnut St.
BIOREN & CO., 1508 Walnut Street.
Boenning & Co., 1606 Walnut Street.
Brown, Howard B., 1616 Walnut Street.
Brown (Vernon C.) & Co., 71 Broadway, New
York, N. Y.
Brown Brothers Harriman & Co., 1531 Walnut St.
Brylawski, Edward, 1411 Walnut St.
#
Brylawski, Edward L„ 1411 Walnut St.
Buckley Brothers, 1529 Walnut St.
Butcher & Sherrerd, 1500 Walnut St.
Carstairs & Co., 1421 Chestnut St.
Cherry, Robert, Jr., 113 So. Fifth St.
Clark, E. W., & Co., 16th and Locust St.
Clark, Kenneth R.. 1500 Walnut St.
Claybaugh, Blair F. Co., Harrisburg, Pa.
Clucas, (E. W.) & Co., 70 Pine St., New York,
N. Y.
Cook, Elmer A., Trenton, N. J.
Dackerman & Waber, 517 Stock Exchange Bldg
Dayis, Robert Hare, 1411 Walnut St.
deCoursey, Stephen H., 328 Chestnut St.
DeHaven & Townsend, 1513 Walnut Street.
Devine, Walter J., Jr., 1411 Walnut St.
Diffenderifer & Co., 123 S. Broad Street.
Dixon, Fitz Eugene. 1421 Chestnut St.
Donoghue & Makiver, 1411 Walnut St.
Jefferis, W. Harper, 1411 Walnut St.
Jenks, Kirkland & Co., 1421 Chestnut St.
Jones, Miller & Co., Commercial Trust Bldg.
Kahn, Charles, Provident Trust Bldg.
Keen & Co., 123 So. Broad St.
Kelly, James J., 1411 Walnut St.
Kennedy & Co., 2115 Land Title Bldg.
Kennedy, OsGar A., 1411 Walnut St.
Kolb. Robert A.. 1608 Walnut St.
Ladenburg, Thalmann & Co., 25 Broad St., New
York, N. Y.
Laird, Bissell & Meeds, 1528 Walnut Street.
Lawson, W. L., Union League.
Lee, John K., 1411 Walnut St.
Lilley & Co., Packard Bldg.
Lippincott, Rjchard, 220 S. 16th St.
Loeb, Oscar, 2 Rector St., New York, N. Y.
Louchheim, Walter C., 30 Pine St., New York,
N. Y.
V
Eearon, Charles, 511 Chesnut St.
Flynn, Bernard J., 4039 Walnut St.
Freed, David B„ 109 So. 3rd St.
Friedman, Bernard P„ 1411 Walnut St.
Fuller, W. A. M„ & Co., 1510 Chestnut Street.
MacDonald & Co., Real Estate Trust Bldg.
Masland, Fernon & Anderson, 1500 Walnut St.
Matthes, Percy E., 305 Land Title Bldg
Matthews, Caldwell F., 1411 Walnut St.
Matthews, Frank C., Stock Exchange Bldg.
McCauley, Francis J., 135 E. 50th St., New York,
N. Y.
McCreery, Samuel, 123 S. Broad Street.
McCurdy, Wallace M., 1237 Commercial Trust
Bldg.
McLaughlin, Jr., William J., 1411 Walnut St.
Mellor, E. Fraley, Stock Exchange Bldg.
Merrill Lynch, E. A. Pierce & Cassatt, Commer
cial Trust Bldg.
Miller, E. W. & R. C. & Co., 123 So. Broad St.
Montgomery, Scott & Co., 123 S. Broad Street.
Moore, E. J., & Co., 1513 Walnut Street.
Moore, Leonard & Lynch, 115 Broadway, New
York.
Moorhouse, H. Wilson, 1416 Chestnut St.
Moyer & Co., 1500 Walnut Street.
Cayley, McCreary & Co.. 817 Packard Bldg.
Gilmore, Arthur C., Provident Trust Bldg.
Glendinning, Robt.. & Co., Packard Bldg.
Goldman, Harold C., 811 Stock Exchange Bldg.
Newbold’s Son, W. H., & Co., 1517 Locust Street.
Newburger, Loeb & Co., 1419 Walnut Street.
Niemond, John S., Harrisburg, Pa.
DBEXEL & CO., 15th and Walnut Streets.
Eastman, Dillon & Co., 225 S. 15th St.
Elkins, Morris & Co.. 305 Land Title Bldg.
Embick, Paul A., 949 E. Fillmore St.
Euler, Joseph D., Wynnewood, Pa.
Emory, Freed & Co., 109 S. 3rd Street.
Palmer & Co., E. W., Commercial Trust Bldg.
Parke, John S., 1513 Walnut St.
Parrish & Co., 212 So. 15th St. ,
Parrish, Joseph, 212 So. 15th St.
Palli, William P., Drexel Bldg.
Pennington, Colket & Wisner, 123 S. Broad St.
Phillips, Samuel K., & Co., 1317 Packard Bldg.
Powell, A Victor, 6205 Ocean Ave.,Ventnor, N. J.
Rakestraw, Betz & Co., 123 So. Broad St.
Reynolds & Co., 1500 Walnut St.
Risiine, 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.
Scull, Alfred P„ III, 1513 Walnut St.‘
Seeds, Joseph R., Jr., 1513 Walnut St.
Seeler & Co., 1510 Chestnut St.
Sloane, Harry, Stock Exchange Bldg.
Smith, Barney & Co., 1411 Chestnut Street.
Smith, H. Russell, Harrisburg, Pa.
Smith, W. Hinckle, Girard Trust Co. Bldg.
Snyder, Geo. E., & Co., 600-601 Stock Exchange
Bldg.
Snyder, R. Maurice, Chestnut Hill.
Sparks, J. W., & Co., 1510 Chestnut Street.
Spiegelman, Solomon B., 518 Stock Exchange Bldg.
Starr & Co., 123 S. Broad Street.
Steppacher, Lester G„ Stòck Exchange Bldg.
Strecker, Daniel E., 3451 Frankford Ave.
Suplee, Jr., Horace L., 1411 Walnut St.
Suplee, Walter S„ 1411 Walnut St.
Sutro Bros. & Co., 120 Broadway, New York,
N. Y.
Swab. H. M., 1529 Walnut St.
Taylor, Roland L.f 1100 Morris Bldg.
Thompson, Edward S., 1327 Spruce St.
Townsend, Philip W., 1513 Walnut St.
Townsend, W. De H., 1513 Walnut St.
Trimble & Co., 1326 Walnut Street.
Turner, Gill & Crouter, 1614 Packard Bldg.
Turton & Tague, 1411 Walnut St.
Vrooman, Samuel B., Jr., 1411 Walnut St.
Warwick, Arthur D., Stock Exchange Bldg
Watson, Clifford A., 1529 Walnut St.
Weeks, Henry C., 1411 Walnut St.
Wells, Charles C., 609 Stock Exchange Bldg.
Whittaker, Robert L. & Co., 1420 Walnut St.
Wieand, Jr., Franklin D„ 1508 Walnut St.
Williamson, Jr., James A., 123 S. Broad St.
Wilmer & Co., 123 S. Broad St,
Wistar, J. Morris, 1416 Chestnut St.
WOOD, A. C., JR., & CO., 511 Chestnut St.
Wood, Charles M.f 1411 Walnut St.
Woodcock. McLear & Co., 1528 Walnut St.
Woodside, J. Alan, Stock Exchange Bldg.
Wright, Wood & Co., 123 S. Broad St.
Wurts, C. S. & Co., 1327 Walnut Street.
Wurts, Dulles & Co., Philadelphia Bank Bldg.
Wynn, Richard, 1510 Chestnut St.
Yarnall & Co., 1528 Walnut Street.
York, Warren W., & Co.
PITTS B U R G H S T O C K EX CH A N G E
(229 Fourth Ave.)
Officers:
Marshall R. Barbour, President;
Ledlie W. Young, Vice-President;
F. X. Pfab, Asst. Secretary;
Arthur Middleton, Manager Clearing House;
Wm. J. Bauer, Treasurer;
Hugh A. McNicol, Secretary
W. G. Ganter, Assistant Manager Clearing House
RATES OF COMMISSION
(Effective on and after February 1, 1988)
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 nbt apply to government, state or municipal bonds; for
ouying or selling each share of stock, shall be not less than as follows:
Under $.50 a share______________ __________________________
3% *
At $.50 and under $1_________ ___ ____________• __ _____ ,o°3
From $1 to $1%.
.05
From $2 to $2 % .
.06
From $3 to $3%.
.07
From $4 to $4%.
.08
From $5 to $5%.
.09
From $6 to
.10
From $7 to $7%.
.11
From $8 to $8%.
.12
From $9 to $9%.
.13
............ .................*......................... 14
From $10 to $19%.....................
Prom $60 to $69%.....................
..............................................” ™ _ 19
20
Prom$70 to $79%...... _...... .1 .......................................
Non-member Commission Rates on Rights and Warrants: (Designated by
the Committee on Securities.)
Notwithstanding the foregoing, when the amount involved is less than $5
the commission may be as mutually agreed; when the amount involved is
$5 or more but less than $50, the minimum commission shall be not less than
6% of such amount or $1, whichever is greater; and when the amount in
volved is $50 or more, the minimum commission shall be not less than $3.
Notwithstanding the above rates, any member of this Exchange or firm
registered thereon, may in respect of securities traded on this and other
Exchanges located in the United States, charge the rates of commission
prescribed by such other Exchange.
Prom $90 to $99%______ . . . . ....... ............ . .? X l
. JkvC 1 1 1 11 .22
nor each additional $10 or fraction thereof____ ,____________ .01
a/0 01 the amount involved.
Additional
dorther Information on firms appearing in bold face type will be found in the selected list of Investm ent Dealers following bank list in each city.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
ST O C K E X C H A N G E M E M B E R S
1946
P I T T S B U R G H S T O C K E X C H A N G E — C o n tin u e d
George K., Union Trust Bldg.
Askin, J. M., & Company, Columbia Bldg.
Ask-in,
BACHE & CO., J. S., Oliver Bldg.
Ballard, W. E„ 1401 Third Ave., N. Brighton, Pa.
Barbour & Company, John B., Magee Bldg.
Bauer, Wm. J., Magee Bldg.
Bear, S. Lee, & Co., Union Trust Bldg.
Berger, Andrew B., c/o Potter Title & Trust Co.
Borntraeger, Carl H., 229 Fourth Ave.
Bowman & Co., People’s Bldg.
Brinham, A. L., 229 Fourth Ave.
Carothers & Company, James, Farmers Bank
Carothêrs, W. J., & Co., 901-2 Commonwealth
Clmpin, S. B., & Co., 111 Broadway, New York.
Chaplin & Co., 419 Wood St.
Crawford, Jas. S., Duquesne, Pa.
Diffenderfer. Fred, 229 Fourth Ave.
Dinkey, Jr., Chas. E., 229 Fourth Ave.
Dornberger, C. S., 1624 Oliver Bldg.
Eberhardt, M. A., 5709 Aylesboro Ave.
Evans, Sanford B., 229 Fourth Ave.
FENNER & BEANE, 67 Broad St., New York,
N. Y.
Frederick, Jr., Frank H., 297 Union Trust Bldg.
MEMBERS
Giles, R 0., 229 Fourth Ave.
Gluck, Hetzel & Co., Arrott Bldg.
Goldsborough, T. C., 229 Fourth Ave. j
Grubbs, Scott Company, Union Trust Bldg.
Harriman, Henry A., 229 Fourth Ave.
Hemphill, Noyes & Co., First National Bank Bldg
Hetzel, Henry A., Arrott Bldg.
Howley, Walter L., 419 Wood St.
Hubbard, John W., 605 Granite Bldg.
Kalback, Charles D„ Arrott Bldg.
Kane, John A., 229 Fourth Ave.
Kay, Richards & Company, Union Trust Bldg.
Kelley, Charlem, Park Bldg.
King, Jr , W. C„ 907 Commonwealth Bldg.
Kissane, James V., 229 Fourth Ave.
Marshall & Co., 229 Fourth Ave
Masten, A. E., & Company, First N at’l Bank Bldg.
McJunkin, Patton & Company, Commonwealth
Bldg.
_ ' . .
McKee, C. S. & Co., Union Trust Bldg.
McKelvy & Company, Union Trust Bldg.
McLaughlin, MacAfee & Co., 410 Common
wealth Bldg.
„
Mitchell & Craft, Washington, Pa.
Moore, Leonard & Lynch, Union Trust Bldg.
Neeb, Jr., H. A., 340 S. Winebiddle Ave.
Neuhut, Plohn & Co., 60 Broad St., New York,
N. Y.
Nuttall. R. V., & Company, Park Bldg.
Parrish & Company, Investment Bldg.
Post & Flagg, 49 Broad St., New York, N. Y.
Poutre, Ezra E., Arrott Bldg.
Powell, Elmer E., & Co., Union Trust Bldg.
Preston, W att & Schoyer, Peoples Bldg.
Purman, Thomas R., Washington, Pa.
Reed, Lear & Co., Grant Bldg.
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.
Smith, Lew W., 229 Fourth Ave.
Stein, Charles Jay, 1456 Inverness St.
Stout & Company, Investment Bldg.
Stubner & Co., 968 Union Trust Bldg.
Vercoe & Co., Huntington N at’l Bank Bldg.,
Columbus, Ohio.
Wainwright, H. C., & Co., 14 Wall St., New York,
N. Y.
Werntz, James S. McK., 229 Fourth Ave.
Wettach & Company, 218 Fourth Ave.
Wettengel & Company, A. C., Peoples Bank Bldg.
Wilson, Walter J., 32 Blvd. of Allies.
UTAH
SALT LA K E
STO CK EXCHANGE
B. W. Dixon, 3rd Vice-President
H. E. Havenor, 2nd Vice-President;
Val S' Snow^ S œ ïta îv Z d T w w ï r * ’
H i P.' Emery, Actg. Secretary and Caller.
COMMISSION RATES
Effective November 1, 1939
BOARD LOTS—LISTED SECURITIES
$1.25 per 1000 shares.
Stocks Selling under o,,
2c and "under
5c'
I ___ $2.00 per 1000 shares.
Stocks Selling Under 10c.— — - - .................. ........................... *99$
Stocks Selling at
§c and under
lO c tllZ I ^ - ils .S Q per 1000 shares.
Stocks Selling at 10c and Under 35c............. ....... ....................... 500 Shares
Stocks Selling at
10c and under
20c—- - - - - J^c per share.
Stocks Selling at 35c and Above............................- ................
1UU bnares
Stocks Selling at
20c
and
under
35c------------•
j
^
c
Per
Stocks Selling at
35c
..--------- « U Per ifefPk
¿¡harp
Stocks Selling at
uuv pand
H under
P P P P 50c_
H -----------1
BOARD LOTS—UNLISTED SECURITIES
Stocks Selling at
50c and under $ 1.00..................
m oney
Stocks Selling at $ 1.00 and under $10.00.................. ± A % of money.
Same as Listed up to 35c.
in n s .
Stocks Selling at $10.00 and above...... ......................- 1% oi money.
Stocks Selling at 35c and Under $5.00
.................................... 100 Shares
Stocks Selling at $5.00 and Under $25.00......... - ......................... 10 Shares
Stock selling less than board lots on last two items—2% of money.
Stocks Selling at $25.00 and Above......................- .......................
5 bnares
On odd lots a minimum of $1.00 or per regular rate whichever is greater.
MEMBERS
Nebeker, W. D., Kearns Bldg.
Doscher. H. W„ Walker Bank Bldg.
Allen, J. M„ Atlas Bldg.
j „ ■■_ _. .
Pett, F. Russell, 21 East 2nd So. St;
Filley, Oliver D., 49 Broad St., New York, N. Y.
Badger, R. A. & Co., 16 West 2nd So. Street.
Post & Flag, 49 Broad St., New York, N. Y.
Finn, Alex V., 25 Beaver St., New York, N. Y.
Badger, R. A., 16 West 2nd So. St.
Romney, W. W., c/o Continental National Bank
Finn Alex V. & Co., 25 Beaver St., New York,
Badger, Richard C., 2380 Washington Ave.,
& Trust Co.
N.’Y.
Ogden.
Schettler, Paul D„ 21 E. 2nd So. St.
Baglin, George & Son, Felt Bldg.
FIRST SECURITY TRUST CO., Salt Lake
Snow, V. S., 314 Utah Oil Bldg.
Baglin, George, Felt Bldg.
Ure, Pett & Morris, Inc., 21 East 2nd St.
City.
Barclay, G. L„ Felt Bldg. *
Thomas, A. B„ 208 Lyòn Bldg., Reno, Nev.
Barclay, J. A. & Co„ Felt Bldg.
Thomas Arthur, Inc., 208 Lyon Bldg., Reno, Nev.
Gibson, E. J., Box No 17, Spokane, Wash.
Bemis, G. L., 763 East 3rd, So. St.
Van Voorhis, L. P. First Security Co., Ogden
Harris,
Lowry
R.,
1142
East
3rd
So.
St.
Bering, E. A., Walker Bank & Trust Co.
Havenor, H. E., Newhouse Bldg.
WALKER BANK & TRUST CO., Salt Lake
Child, W. H., Stock Exchange Bldg.
Havenor, Pett & Co., Newhouse Bldg.
City.
Hogle,
J.
A.,
132
So.
Main
St.
Washburn, Mifflin W., 42 Broadway, New York,
W. H. CHILD, Inc. Exchange Bldg.
Hogle, J. A. & Co., 132 So. Main Street.
mm,
Hogle, James E„ 132 So. Main St.
Cole, Alien Co.. Atlas Bldg.
Weggeland, Gordon, Stock Exchange Bldg.
Johnson, J. C.. 132 S. Main St.
Conrad, W. K„ Walker Bank Bldg
Weiler, W. S„ Stock Exchange Bldg.
Larson, A. R., c/o Elks Club, Salt Lake City.
Continental National Bank & Trust Co., Salt Lake
Woods, Wm. W., c/o Merrill Lynch, E. A. Pierce &
Logan & Bryan, 42 Broadway, New York, N. Y.
Cassatt, 301 Montgomery St., San Francisco,
Lowe, I. D., 132 S. Main St.
Davies, Badger & Co., 23 W. 2nd So. St.
Calif.
Lynch, J. C., Kearns Bldg.
Dävies, E. C., 23 W. 2nd So. St.
Woolley,
Paul C„ 132 So. Main St.
Lynch. J. C. & Co., Kearns Bldg.
Dixon, B. W., Scott Bldg.
Woolley,
Robert P., 132 So. Main St ;
McLeod, J. N., 1111 Walker Bk. Bldg.
Dixon Co.. B. W., Scott Bldg.
Officers:
I. D. Lowe, President;
*K:i
VIRGINIA
R ICH M O N D S T O C K E X C H A N G E
Officers:
Beverley B. Munford, Jr., President;
Edward C. Anderson, Vice-President;
J. Joseph May, Secretary and Treasurer
RICHMOND STOCK EXCHANGE COMMISSIONS
as revised May 2,1939
1 The Commissions named below shall be the minimum charged and
no part can be rebated or divided with anyone not a member of the Exchange.
There shall be one exception to the above commission rates; namely,
that where securities listed on the Richmond Stock Exchange are also listed
on the New York Stock Exchange or New York Curb Exchange the com
mission rate of the New York Exchanges shall be the minimum commission
which a member of the Richmond Stock Exchange may charge.
STOCKS
Selling under $0.50.............. .......................... - ......... - ............."3^per sharent
BONDS
The commission rate on all bonds shall be $0.50 per $100.00 with the
following exceptions:—
Where a bond or note has less than six months to run, whether to
maturity or to date called for redemption, the minimum commission
to be charged shall be $0.25 per $100.00.
Where the selling price of a bond is less than 25% of the principal
amount, the minimum commission shall be $0.25 per $100.00.
Selling at $ 0.50 and under $ 1.00........................................
$0.05
0.07%
Selling at 1.00 and under 5.00.
0 . 12 %
Selling at 5.00 and under 10 .00 0.25
Selling at 10.00 and under 25.00.
0.37%
Selling at 25.00 and under 50.00.
0.50
Selling at 50.00 and under 125.00.
1.00
Selling at 12^.00 and under 200.00.......... .—............... - - - - - The minimum charge on any transaction, stocks or bonds, involving
Beginning with $200.00 per share thè commission shall be $1.50 per share
$100.00 or more shall be $2.00. On any transaction involving less tnau
and for each $50.00 additional value of selling price, the commission shall
$100.00 the minimum charge shall be $1.00.
be raised $0.50 per share.
MEMBERS
Scott & Stringfellow, Mutual Bldg
Mason-Hagan,
Inc.,
916 E. Main Street.
Abbott, Proctor & Paine, 911 E. Main St.
Miller & Patterson, 203 Mutual Bldg.
Standard Securities Corp., State Planters Bank
Branch, Cabell & Co., 814 E. Main St.
Bldg.
RICHMOND
CORP.,
726
E.
Main
Street.
Davenport & Company, 113 E. Main Street.
city
Further information on Arms appearing In bold face type will be found In the selected list of Investm ent Dealers following bank list
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
ST O C K E X C H A N G E M E M B E R S
1947
WASHINGTON
S E A T T L E ST O C K EXCHANG E
(302 Exchange Bldg.)
Officers: Harry S. Grande, President;
Edward K. Easter, Treasurer;- '
Harold H. Huston, Vice-President;
Louis Klatzker, ExecutiveSecretary; . ,
Jack E. Jones, Secretary;
Charles T; Donworth, Counsel,
KATES OF COMMISSION (In effect: October 14 , 19SS)
MINIMUM BATES 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.
25c
At $15.00 and under $35.00 per share..,______a ___;___ _
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
Harper & Son & Co., Wm. P., Harper Bldg.
Hartley, Rogers & Co., 1411-4th Ave. Bldg.
Herrin & Co., H. M., 908 2nd Ave.
Hughbanks, Al., Dexter-Horton Bldg.
Hughbanks, Inc., Dexter Horton Bldg.
Huston, Harold H., Hoge Bldg.
Huston & Co., Harold H„ Hoge Bldg.
Agnew, John C., Hoge Bldg.
Agnew,. John C. & Co., Hoge Bldg.
Bissell, M. L., 335 Medical Arts Bldg.
Blackford, J. C., Hoge Bldg.
Bramhall & Stein, Hoge Bldg.
Bramhall, Burle D., Hoge Bldg.
Crawford-Goodwin Co., The, 1411-4th Ave. Bldg.
Moore, Robert B., Exchange Bldg.
Mullen, Chas G., 908 2nd Ave.
Patten, Jr., W. T., Badgley, Frederick, Rogers and
Morford, 1411 4th Ave. Bldg.
Pratt, H. P„ Hoge Bldg.
Pratt & Co., H. P., Hoge Bldg.
Jones, Jack E., 1411-4th Ave. Bldg.
Daniel, Robert E., Exchange Bldg.
Drumheller, Erlichman Co., Exchange Bldg.
Easter, Ed. K., 717 Second Ave.
Easter & Co,. F. K., 717 Second Ave.
Kutz, John A„ 1010 Second Ave.
Kutz & Co., John A., Insurance Bldg.
Ferris & Hardgrove, Exchange Bldg.
Latimer, Arthur G.„ Dexter-Horton Bldg.
Latimer & Co., A. G„ Dexter Horton Bldg.
Lewis, Inc., John R„ 1012 2nd Ave.
Lewis, John R.., 1012-2nd Ave.
Goodwin, E. C„ 1411-4th Ave. Bldg.
Grande, Harry S., Hoge Bldg.
Grande and Co., Hoge Bldg.
MacDonald. Alexander, 104 Aloha St.
Mclnnis, Merville W., Hoge Bldg.
Mclnnis, Van Dusen & Co., Hoge Bldg.
Sankey, R. E., American Bank Bldg.
Sankey, R. E., Investment Co., American Bank
Bldg.
Schlichting,. Hugh (William P. Harper & Son &
Co.,) Harper Bldg.
Securities Exchange, Inc., 335 Medical Arts Bldg.
.Speckert, F. J., Lowman Blag.
Strom, A. J., Dexter-Horton Bldg.
Strom & Co,, A. J., Dexter-Horton Bldg.
Strout, E. A., 1411-4th Ave. Bldg.
Strout & Co., E. A., 1411-4th Ave. Bldg.
Wilson, Lyle F„ Exchange Bldg.
W EST VIRGINIA
W H E E L IN G S T O C K E X C H A N G E
(318 Wheeling Steel Bldg.)
Officers: Wm. H. Wheeler, President
Russell D. Irvine, Vice-President;
Norval B. Davis, 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______ ____.ai_________i ____$1.00 per share
Minimum Commission as follows:
A. When the amount involved in a transaction is less than $10.00 the
commission shall be as mutually agreed.
B. When the amount involved in a transaction is $10.00 or more but
less than $50.00, the minimum commission shall be not less than
6% of such amount or $1.00, whichever is greater.
C. When the amount involved in a transaction is $50.00 or more but
less than $300.00, the minimum commission shall be not less than
$3,00.
D. When the amount involved is $300.00 or more, the minimum com
mission shall be not less than $5.00.
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
Pl*m s
Represented by
Geo. W. Baron & Co., Wheeling Steel Corp. Bldg___________________________ Wm. H. Wheeler
Hazlett, Burt & Watson; Wheeling Steel Corp. Bldg___ _________ Howard Hazl'ett; D. A. Burt, Jr.
A. E. Masten & Co., City Bank Bldg_______________________ _______ Louis Brand; Jos. Jefferson
McGregor, Irvine & Co., 13th and Chapline St.__________ „E dgar R. McGregor; Russell D. Irvine
Further information on firms appearing in bold face type will be found in the selected list o f Investm ent Dealers following bank list in each city,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis