BANK AND QUOTATIONSECTION`

OF TIT E

COMMERCIAL & FINANCIAL CHRONICLE.Copyrighted in 1912 according to Act of Congress, by WILLIAM B. DANA COMPANY, in office of Librarian of Congress, Washington, D. C.

VOL. 95. NEW YORK, OCTOBER 5 1912. NO. 2467.

INDEXTO STATEMENTS OF BANKS AND TRUST COMPANIES.

ALBANY, N. Y. Page. MILWAUKEE, WIS. Page

National Commercial Bank

ATLANTA, GA.

Atlanta National Bank

AUGUSTA. GA.

Georgia Railroad Bank

BALTIMORE, MD.Merchants' National Bank National Bank of Baltimore Safe Deposit & Trust Co

7

8

636

BIRMINGHAM, ALA.First National Bank 10

BOSTON. MASS.National Union Bank

BUFFALO, N. Y.Marino National Bank

4

4 First National Bank 9

MINNEAPOLIS, MINN.First National Bank 15Northwestern National Bank 15Security Nat. Bank of Minn 15

MOBILE, ALA.People's Bank 10

NASHVILLE, TENN.American National Bank Fourth and First National Bank_

NEWARK, N. J.Union National Bank

4

3NEW ORLEANS. LA.

Whitney-Central Nat. Bank..___ 11

NEW YORK, N. Y.Chemical National Bank 2Citizens' Central Nat. Bank 2Coal ec Iron National Bank 2Farmers' Loan & Trust Co 18Fourth National Bank a

4 Hanover National Bank 2Seaboard National Bank 2

CHICAGO. ILL.Chicago Savings Bank & Tr. Co_ 8Colonial Trust & Say. Bank 11Continental& Commere'l Nat.Bk. 12Continental & Commercial Trust& Savings Bank

Inside back coverCorn Exchange National Bank 10First Nat. Bank of Chicago 14Live Stook Exchange Nat. Bank.. 11Merchants' Loan and Trust Co 13National Bank of the Republic 12

CINCINNATI, OHIO.Fifth-Third National Bank 12

CLEVELAND, OHIO.First National Bank 11Union National Bank 11

DENVER. COL.First National Bank 13

DETROIT. MICH.People's State Bank

FORT WORTH, TEXAS.Fort Worth National Bank

GRAND RAPIDS, MICII.Old National Bank

HARTFORD, CONN.

Aetna National Bank

5

8

NORFOLK, VA.Norfolk National Bank

PATERSON, N. J.First National Bank

PHILADELPHIA, PA.Corn Exchange Nat. Bank Farmers' & Mech. Nat. Bank.._..First National Bank Fourth Street National Bank......Franklin National Bank Girard National Bank Girard Trust Company Market Street National Bank__ _Philadelphia National Bank Tradesmen's National Bank _ _Union Ilational Bank

4

3

76810

57

6

PORTLAND, ORE.United States National Bank....__ 15

PROVIDENCE, R. I.Merchants National Bank 5

ST. JOSEPH, MO.Tootle-Lemon National Bank. 14

ST. LOUIS, MO.Mechanics'-American Nat. Bank.. 14National Bank of Commerce____ 14

5 Third National Bank 14

5

HOUSTON, TEXAS.Lumberman's National Bank 9

INDIANAPOLIS, IND.Merchants' National Bank 12

JERSEY CITY. N. J.First National Bank

LOS ANGELES. CAL.First National Bank 1

SALT LAKE CITY, UTAH.McCornick & Co 13Walker Brothers 13

SAN FRANCISCO, CAL.The First National Bank 13

SEATTLE, WASH.Dexter Horton National Bank__ 16National Bank of Commerce...._.. 16

3 Seattle National Bank 16

TACOMA, WASH,6 Fidelity Trust Co 15

WILLIAM B. DANA COMPANY, Publishers,FRONT, PINE AND DEPEYSTER STS., NEW YORK

REVIEW OF SEPTEMBER.The month of September was devoid of important

new developments of moment. In trade circlesthere was a continued disposition to ignore politicalconsiderations, with a further broadening of activityin all lines of business. Even the stock market fellin line and the latter part of the month recorded a.growing volume of business at rising prices, the toneat times becoming buoyant.

The September elections in Vermont andMaine, which had been looked forward to withmuch interest, did not have any effect on affairs.They threw no light on the probable outcome of thePresidential contest in November. In the Vermontgubernatorial election the Roosevelt Progressive partysucceeded in splitting the Republican vote, and as aconsequence there was no choice by the electorate.This 'throws the 'election into the Legislature,where the regular Republicans at the same electionsucceeded in retaining control, thus insuring theelection of the Republican candidate for Governor._The Democratic vote showed some increase as com-pared with the elections in other recent years. TheRoosevelt candidate, who some had feared might getan absolute majority of all the votes cast, was leftthird in the race. At the Maine election for Governorthe regular Republicans and the Rooseveltites hadunited in support of the same ticket and accord-ingly succeeded in preventing the re-election of theDemocratic Governor (Frederick W. Plaisted) who,in 1910 had been swept into power when the Demo-crats carried Maine for the first time in thirty years.An interest political development of the month was

the action of the Democratic State Convention inWisconsin in adopting a platform and nominating a.candidate pledged to the repeal of the State IncomeTax Law. This law was enacted earlier in theyear and no tax has yet been levied under it, but it has.aroused intense opposition in the State on the part onearly all classes of the population. Even in theRepublican Convention strong hostility against the-measure was manifested and a wing of the partyopposed the law. In their platform the Republicansassert that "the: law is right in principle and shouldbe given a fair trial", but defer to public sentimentto the extent of declaring that "its administration.should be simplified to the end that the citizen maynot be put to unnecessary trouble and expense.'The action of the Democrats was taken as indicatinga drift away from radicalism.

All the generally accepted trade indications pointedto an increasing volume of business and in manycases the figures showed that the best previous records

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20 MONTHLY REVIEW [VOL. Lxxxxv.

of business were being broken. In the iron and steelindustry demand continued greatly in excess of supplyand large premiums were paid where shipments couldbe obtained for immediate delivery. The monthlyreport of the Steel Corporation issued September 10indicated a further increase of 206,296 toki! in theunfilled orders on the books of the constituent com-panies during the month of August, bringing theaggregate of these unfilled orders up to 6,163,375tons, at which figure comparison was with only3,695,985 tons twelve months before, on August 311911.',The August production of copper in the UnitedStates proved the largest in the history of the trade,amounting to 145,628,521 lbs., as against 137,161,129lbs. in July and comparing with only 125,493,667 lbs.in August of the previous year. Notwithstandingthis enormous output the stock of marketable copperin the United States at the end of August was 3,-579,047 lbs. less than at the beginning of the month.The Anaconda Copper Co., of whose $108,312,500stock the Amalgamated Copper Co. owns $76,875,000,increased its quarterly dividend from 2%, the rateprevailing from July 1908 to July 1912, to 3%. TheUnited States Smelting Refining .& Mining Co., whichhad been paying 1% quarterly from January 1908 toJuly 1912, increased the quarterly distribution to1 %The Lake Superior August shipments of iron ore were

reported the highest of any month in the history ofthe trade. The anthracite coal shipments, tooallthese figures were made public the first half of Sep-temberwere in excess of any previous period notonly for the month of August, but for any other month.In the case of our foreign trade the story was the same,and new high records for the period were establishedin August in the case of both the imports and theexports.

Railroad earnings shared in the prevailing trendand indicated an increasing volume of traffic. Anumber of the statements of large companies for themonth of August, made public towards the close ofSeptember, showed not only very large gains in grossearnings but some of them also in net earnings, thislatter being considered an especially favorable de-velopment in view of the higher wage schedules andthe general rise in operating cost.

All this engendered a very hopeful feeling in alldirections and under the circumstances it cannotbe deemed surprising that very little considerationwas given to the political outlook. At the same timethe promise of a large and bounteous agriculturalyield throughout the country became a definite cer-tainty. The monthly report of the AgriculturalBureau at Washington regarding the growing graincrops was issued September 9, bringing the conditiondown to September 1, and proved in the highestdegree encouragingcontrasting sharply in this re-spect with the situation twelve months before, whenthe agricultural yield was extremely poor. Thecondition of corn on September 1 was stated by theDepartment as 82.1, as against 80 a month earlier,and comparing with only 70.3 on September 11911.The condition of spring wheat at harvest time wasgiven as 90.8, as against only 56.7 at harvest timein 1911 and 63.1 in 1910. Oats condition at harvestwas reported 92.3, against 90.3 on August 1 the presentyear and comparing with 64.5 on September 11911.Potatoes and nearly all other important crops made asimilarly favorable comparison with previous years.During September the weather continued favorable,and though very low temperatures were registeredthe latter part of the month, with reports of frost incertain localities, it is not believed that any importantdamage was done to the maturing corn crop.The receipts of wheat, particularly in the spring-

wheat regions, reached enormous dimensions, andprices the latter part of the month tended stronglydownward. The December option for wheat declined

I from 92% cts. Sept. 5 to 891/1 cts. Sept. 27, withI the close Sept. 30 89% cts. December corn atChicago fell from 559' cts. Sept. 4 to 513% cts. Sept. 12,then advanced again to 543 cts. Sept. 21 on rumorsof damage from frost, but closed Sept. 30 at 52% cts.December oats at Chicago, after advancing from 32cts. Sept. 3 to 33 cts. Sept. 21, dropped to 313 cts.Sept. 30.The large crop movement, with the expanding

activity in trade led, to an urgent demand upon thebanks for accommodation, and a sharp rise in moneyrates ensued. The demand for funds was increasedby the usual preparations for the large interest anddividend disbursements which always occur on the1st of October. Call money September 25 got upto 7% and September 30 touched 73%, while timeaccommodation at the close of the month was re-ported at 59@,6% per annum on loans running 60to 90 days; at 594% for 4 months' loans and at 53

on loans running 5 to 6 months. Mercantilepaper commanded 6% both for double names and thebest single names, while single-name paper not sowell known could only be placed at 634%. Asmoney holdings of the Clearing-House banks andtrust companies, which during the last two weeks ofAugust had fallen from $451,704,000 to $432,050,000,were further reduced to $411,653,000 September 28,these institutions were obliged to call loans on anextensive scale. The weekly Clearing-House returnsshow that between -August 31 and September 28 theloans of the Clearing-House banks and trust companieswere reduced from $2,050,205,000 to $1,953,036,000.On September 7 the surplus cash reserves of theseClearing-House institutions was only $2,751,100, but,

6through the calling of loans and the consequent re-duction of deposits, the surplus was slowly broughtup again week by week and September 28 stood at$9,499,100. The deposits fell from $1,911,841,000August 31 to $1,797,110,000 September 28.

RATES FOR MONEY IN NEW YORK, WEEKLY. Week Ending

Call Loans Sept. 6. Sept. 13. Sept. 20. Sept. 27.Stook ExchangeRange for week_ 3-4 % 3-5 % 4 %-5Average for week 3 4 % 4 %

Time LoansSixty days 4 U-5 5 X-5 % 5 %-5 % 5 91-6Ninety days 5 534-5 5% 5 3-6Four months 5-53i 534-53i 53i-53i 5 X-6Five months 5-5 X 534-5 X 5 XSix months 5-54 53(-534 531-5 536-6

Commercial Paper Double namesChoice 60 to 90 days 5-5 % 5 % 5;6 6Single namesPrime 4 toe months 5% 5 ;6 5% 6

Good 4 to 6 months 6 6 6 %

The higher money rates here led to gold importationsfrom Europe the latter half of the month. Altogetherabout $3,450,000 gold was taken in London the lasttwo weeks for shipment to the United States. Thisgold formed part of the weekly offerings of SouthAfrican gold in London. These engagements werespecial operations and did not appear to be entirelyjustified by the prevailing rates of exchange, butnevertheless the course of sterling was steadily down-ward throughout nearly the whole month, sight billsdeclining over a cent and alalf per pound. The Bankof England did not part with any gold for Americanaccount and seemed disinclined to do so, but didmeet an active inquiry for gold on German account.Germany needed the gold to prepare for the end ofthe quarter settlements on September 30. Thesesettlements were looked forward to with much un-easiness in London, but owing to the extensive pre-parations made beforehand, they passed off withoutserious trouble. As far as the Bank of England isconcerned, the advance in its discount rate made inAugust had the desired effect of controlling the situa-tion.The growing tension in the money market here

served, of course, directly to weaken sterling exchange.Exceptionally heavy selling of cable transfers byleading international banking houses was reported,evidently for the purpose of lending the proceeds inthis market. The placing of considerable amounts ofNew York City revenue bonds abroad tended furtherto weaken exchange Some fairly liberal amounts ofgrain and cotton bills also came on the market.

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OCT., 1912,d MONTHLY REVIEW 21

ACTUAL RATES-BANKERS' AND COMMERCIAL BILLS.

-Bankers' Bills Commercial Bills-CableOn Documents

Sept. 60-Day. Sight. Transfers. Banks. for Payment.1___ SUNDAY

HOLIDAY3 _4 8355-4 8365 4 8675-8685 48715-8725 4 8134-831 483 -4 8444 8345-4 8355 4,8680-8670 4.8695-8705 4 814-8334 4 82j-4 835...4 8335-4 8345 48850-8660 48690-87 4 81 h-83 h 4 82 h-4 83 h6:._4 8315-4 8325 48635-8650 48670-8685 4 81 h-83 4 82 h-4 83 h7...4 8315-4 8325 4 8640-8650 4 8675-8685 4 81 h-83 4 82 4-4 83%SUNDAY94 8310-4 8320 4 8625-8635 4 8655-8685 4 81 ;4-83 4 82;4-4 83 h10___4 8305-4 8315 48610-8620 4 8640-8850 4 8134-83 4 82 h-4 8311-4 8280-4 8290 48585-8595 48620-8630 481 -8234 482 -48312 _. _4 8250-4 8260 4 8535-8565 4 8590-8610 4 80 44-82 h 4 81 h-4 82 h13...4 8240-4 8250 4 8540-8585 4 8590-8610 4 80 h-82g 4 81;4-4 82 h14___4 8255-4 8205 48580-8585 48630-8835 4 80 h-82 h 482 -4823415..- SUNDAY16._ _4 8240-4 8250 4 8570-8580 4 8820-8630 4 8034-82 ;4 482 -482417._ _4 8250-4 8260 48585-8575 48615-8625 4 80 h-82 h 482 -4823418.- _4 8230-4 8240 4 8555-8565 486 -861048034-8234 4 81 h-4 823419._ _4 8220-4 8230 48545-8555 48595-8605 480 -8234 4 81 h-4 82 h20._ _4 8220-4 8230 4 8545-8555 4 8590-86 4 80 i4-82 4 8154-4 82 h21.__4 8220-4 8230 46540-8550 48585-8595 4 8034-82 4 81 h-4 82%22._ _ SUNDAY23__ _4 8220-4 8230 48550-8560 48590-86 480 -82 4 81 h-4 823424_4 8225-4 8235 4 8555-8565 4 8595-8605 480 -82 4 81 h-4 82 h25_.4 8215-4 8225 4 8550-8560 4 88 -861048034-82 4 81 h-4 82 h26482 -4821048525-8535 4 8570-8595 4 79 h-81 h 4 81 h-4 823427._ _4 8190-482 48510-8525 48555-8570 479 -8131 4 81.34-4 823428._ _4 8190-1 82 4 8530-8540 48565-8570 4 79 -81 4 81 ;1-4 82 h29 __ _ SUNDAY30._ _4 82 -48210 4 8525-8540 4 8580-8575 479 -8134 4 8114-4 82 h

The stock market the latter part of the month madea cordial response to all the favorable conditions notedabove-the growing activity of trade, the excellentcrop yields the improving returns of earnings, &c.,&c. At the opening September 3, after the Laborholiday, there was decided weakness with some de-cline in prices.:A sharp recovery followed, but thecourse of values 'was more or less irregular the firsttwo weeks of the month. For a time the strengtheningof the money market, with the sharp rise in call loans,appeared to restrict operations, but the last half of the

month the general course of values was stronglyupward, and the volume of business steadily increased.The market broadened considerably and as a result-of the steady advance in prices, many new high recordsfor the year were made. The industrial stocks wereconspicuous in the upward movement and U. S.Steel co4mon reached the highest point since August1911. We have referred above to the increase individend rates by the Anaconda Copper Co. and theUnted States Smelting Refining & Mining Co. TheSouthern Railway Co. also made an increase in thedividend on its preferred shares, a semi-annual pay-ment of 23% being declared, against 2% in April and1% each in October and April 1911. This helped stillfurther to stimulate the feeling of buoyancy, as alsodid the excellent returns of earnings for the month ofAugust received from the Harriman roads and someother large systems.

VOLUME OF BUSINESS ON THE STOCK EXCHANGE.

Month of Sept.- 1912. 1911.Stock Sales-No. of shares.... 10,107,204 17,395,957Par value 5911,341,200 81,594,873,875

Bond sales (par value)-RR.&mise.bds. $40,824,000 $60,006,000Gov't bonds__ _ 13,500 471,500State bonds 4,526,500 2.341,500

Tot. bd. sales_ $45,364,000Jan. 1 to Sept. 30.

Stock sales-No. of shares__ 95,604,426Par value $8,637,354,075

Bond sales (par val .)-RR.&misc.bds. $523,810,500Gov't bonds 1,073,500State bonds_ _ _ 21,669,000

Tot. bd. sales_ $516,553,000

1910. 1909. I

7,63,529$666,140,100$43,662,700

21,5002,346,000

18,981,67511,771,443,700

188,933,00071,000

2,878,200

162,819,000 146.030,200 191,882,200

92,294,988 130,161,971 155,562,79518,305,762,175 $11,673,439,800 114,302,170,575

$553,756,5003,112,000

82.028,000

$447,570,200324,700

35,681,950

, $996,480,100409,200

29,409,700

$638,896,500 5183,576.850 $1.026,299.000

CONDITIGN OF THE TRUS COMPANIES OF NEW YORK STATE.

We present below comparative statements showing the condition of the trust companies of New York

State at the date of the last call and of various previous calls since August 1907. We give separately the

totals for the Greater New York and those for the whole State. We also add tables to indicate the changes

in deposits for all the separate companies in the different boroughs of this city.

TRUST COMPANIES FOR WHOLE STATE OF NEW YORK.LIABILITIES.

Capital Surplus and profits, market value_Surplus and profits, book value Unpaid diva, reserved for taxes,int.&oPref. deposits-Due State say. banks_Due State say. & loan associations_Trust deposits not payable within30 days

Due as exec'r, admin'r, guard., re-ceiver, trustee, committee, dee_

-Deposits pref'd because secured byunmatured bonds of the State_

Other deposits pref. because ofpledge of part of trust co. assets_

Deposits otherwise preferred enoslts subject to check (not pref.) _

Ctfs.of dep. time & demand (not pref.)Time deposits not payable within 30

days. represented by ctfs. (not pref)Due trust companies Due banks and bankers

Total of all deposits

Bills payable or borrowed money_Pref. liability as executor, &o Other liabilities Add for cents ,

Grand total

Aug. 221907.Dec. 31 1907. Jan. 11909. Jan. 11910. Jan. 21911. June 7 1911 Dec. 21 1911.1June 14 1912.

$ $ $ $ $ $ $ $68,661,600 66,276,560 68,450,000 71,400,000 73,431,000 71,731,000 71,481,000 72,025,000

151,339,110 169,647,107 178.979.744 184,025.130 190,697,189 188.676.616 183,032,061176,944,735

3,164,978 2,921,740 1.657.514 3,133,20337,467,239 28,340,454, 39,116,569 40.759,951 43,827,892 47,945,482 43.632,147 47,821,722

414,423 308,318 778,421 800,479 758,969 589,601 530,800 670,391

21,180,942 38,059,940 25,598,439 35,286,088 33,376.931 42,992,039

41,773,538 43,641,702 23,190,699 30,913,481 36,844,508 41,475,957 43,750,219 49,473,771

4,728,253 5,122.449 8,963,259 7,174,500 9,668.599 9.817,769

1,278,500 2,879,716 4,236,781 5,187.066 2,422,372 5,947,072 7,331,138 2,504,6531,098,788 2,770,885 2,569,357 7,356,349 2,832,612 801,012 1,195,183 1,029

,449812,011,853 555,397.056 868.754,712 899,090,713107,934,388 55,272,810 53,311,327 84,478,182 1,014,744,488 1,129,109,722 1,109,667,546 1,228,653,7

28

"43,i610;680_

40,470,643 106,493,12323,002,1 16 1 103,907,041 84,038,005 84,389,877 137,839,071 93,119,468 114,592,190

42,077,022 20,887,805 I1,087,684,431 732,278,460 1,182,242,775 1,302,099,738 1,218,382,416 1,408,188,505 1,342,270,020

1,495,586,610

1,867,663 1,100,140 1,382,380 89,000 70,916 135,0002,987,034 904,843

27,708,303 61,948,915 55,367,899 50,624,063 35,067,728 39,990,288 52,179,54467,977,155

40 42 45 42 42 39 42 41

1.363.986.143 1.012.747.950 1_477.575_489 1_804_203.727 1_515.453.850 1_711.598.081 1 858 335 ft81!1 821 8ri9.070

RESOURCES .

Aug. 22 1907. Dec. 31 1907. Jan. 11909. Jan. 11910. Jan. 2 1911. June 7 1911. Dec. 21 1911. June 14 1912.

Bonds an I mortwages Mortgages owned Loans secured by bond and mortgage,deed or other real estate collateral

Stock ant bond investments Public securities Other securities

Loaned on collaterals Loans not secured by collateral Other loans. IncludinT bills purchasedBills purchased, not sec. by oth. coil_Overdrafts Real estate Due from approved reserve deposi-

tories. less offsets Due from trust co's, banks & bankers,not included In Preceding item,

Specie U S. legal tenders and bank notes_ _Bills and checks for next day's ex-changes, and other:cash items-, _

Investments as executor, &o. Other assets_ ' Add for cents.,,,, ..... _

Grand total ..-1..;.,

87,962.350

326,497,210

627.514,698

108,122,742

80.759,054

50,966,201208,860,012405,844,75715.032,322

78,199,314

66,644,416292,497.347584,006,564

9.342.981

83,660.067

69,268,783296,958,325696,801,870

8.160.799

87,341,640

67,309,082303,382,679547,767.67711.671.358

89.058,963

87,009,408339,834,895598,744,02715.741.976

$93.997.526

84,649,720349.426,882558,917,17015.286.071

5

92,139,047

12,879,623

104,998,861349,866,155620,132,850

54,051,230 87,294,263 102,402,940 125,914,655 151,119.236 145.525,075 184,343,283204,270 137,844 155,529 108,040 159,415 168,267 197,176 151,563

17,706,522 16,066,494 22.080,844 25.518.600 29,361.282 30,640.128 34.319.128 38,133,672

95,144,026 89,175,391 160,935,501 99.766,067 100,382,483 154,059.345 116.092,212 1i 211,612,25927,117,410 15,120.176 42,227,028 48,863,157 54,503,832 65,482,668 52,217,385 j52,413,706 39,324,130 90,125,202 124.161,053 115,989,335 120.182,287 121,785,647 123,8

00,7626,893.690 8,506,218 13,668,318 18.167,454 16,990.981 17,884,385 17,036,783 16,414,747

909.983 2,013.398 1.791,260 3.052,804 2.951,007 1.189.207 19.854.114 23,411,3522,987,034 904,84310,492,462 25,985,818 28,606,877 27.513.726 51,728,182 40,483,232 47,030,730 44,004,85

540 42 45 42 42 39 42 41

1.363,966.143 1.012,747.930 1,477.575.489 1.604,203,727 1,515.453,650 1,711.598,061 1.656.335.661 1,821,889,070

Note.-ScheaUleslialve been changed several times since the date ent name. In the above comparison. We show for each date the exact' designa-

tion employed, leaving blank spaces against the old items which no longer appear In the schedules.

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22 TRUST COMPANY RETURNS. [VoL. Lxxxxv.TRUST COMPANIES IN THE GREATER NEW YORK.

LIABILITIES. Aug. 22 1907. Dec. 31 1907.Jan. 1 1909.Jan. 1 1910.Jan. 2 1911.June 7 1911. Dec. 21 1911. June 14 1912.$ $ $ $ $ $ $ $Capital 60,636,600 58,251,560 60,425,000 63,675,000 64,156,000 62,456,000 62,206,000 62,525,000Surplus and profits, market value

144,600,599 160,168,172 168,597,714 173,357,077 179,209,465 177,253,055 171,024,226Surplus and profits, book value 167,982,441Unpaid divs., reserve for taxes int, &c 2,897,534 2,770,476 1,584,210 2,916,510Pref. Deposits-Due State say. banks 35,126,258 26,04,330 36,446,535 37,683,778 40,624,293 44,651,981 40,096,524 44,381,268Due State sav. and loan associations 296,135 2 662,097 468,587 623,640 412,303 352,767 467,933Trust deposits not payable within

30 days /155

20,146,656 36,871,355 24,338,543 33,996,044 32,111,087 42,152,252Due as exec., admin., guardian, re-ceiver, trustee, committee, &c _ 38,079,532 40,298,845 21,392,534 29,009,253 34,580,803 39,656,949 42,109,846 47,423,105Deposits preferred because securedby unmatured bonds of the State 4,078,253 3,880,449 5,435,259 5,704,000 7,833,795 8,062,901Other deposits preferred because ofpledge of part of trust co. assets_ 886,500 2,609,430 4,032,481 4,934,470 1,805,166 5,266,923 6,084,579 1,722,829Deposits otherwise preferred 996,616 2,388,755 2,472,794 7,345,074 2,811,605 752,115 909,727 730,733Due depositors (not pref.) 688,604,953 444,817,663 748,020,445 774,061,989Certs. of dep. on time & dem. (not pt.) 100,352,199 48,054,808 66,761,475 78,596,293 t 874,289,233 980,546,639 955,583,186 1,064,489,562Time deposits not payable within 30

days, represented by ctIs.(not pref.) 40,284,595 105,681,485 jDue trust companies 41,527,250 22,234,360 1 101,367,610 80,786,598 80,873,915 134,230,394 90,137,194 110,933,739Due banks and bankers 40,738,939 18,976,184 fTotal of all deposits 946,608,382 605,652,530 1,045,665,475 1,159,319,311 1,065,380,457 1,245,217,348 1,175,218,705 1,320,364,382

Bills payable or borrowed money. 1,454,975 980,140 1,372,360 89,000 57,916Preferred liability as executor, &c 2,578,790 751,265Other liabilities 27,241,967 59,789,589 54,542,088 49,800,511 34.609,985 38,429,506 50,789,246 66,068,634

Grand total 1,205,048,180 869.045,543 1,322,255,690 1,442,372,676 1,341,773,413 1,528,171,795 1,467,109,132 1,622,898,752RESOURCES.

Bonds and mortgages 75,682,997 68,532,010 65,379,871 68,871,110 70,434,543 70,525,600 74,280,647Mortgages owned 71,821,294Loans secured by bond and mortgage,:Need or other real estate collateral_ 8,703,049Stock and bond'investments 269,699,998

Public securities 43,471,463 57,919,433 60,048,703 57,395,095 77,082,520 74,340,153 93,972,933Other securities 166,358,136 243,085,376 245,695,838 252,467,751 282,632,840 289,489,267 284,332,285Loaned on collaterals 582,826,452 365,723,291 546,816,033 660,489,153 509,483,082 562,145,142 520,124,260 583,996,240Loans, not secured by collateral 9,772,982 5,765,637 5,203,728 7,940,524 11,876,036 11,314,003Other loans and bills purchased 86,770,861Bills purchased, not sec. by collateral 41,991,223 71,885,130 82,131,718 102,533,889 126,872,608 119,457,843 154,301,499Overdrafts 165,652 121,954 141,410 95,738 151,067 145,577 184,618 130,585Real estate 14,950,841 13,296,286 19,270,541 22,633,282 26,339,232 27,497,495 31,041,386 34,667,136Due from appr, res. depos., less offsets 83,582,056 78,992,219 146,953,404 89,495,686 87,303,726 137,950,319 102,107,260Due from trust cos., banks and bank- 194,001,611ers, not included in preceding Items 23,698,302 12,523,082 39,295,396 44,720,953 50,483.718 62,389,306 49,740,731Specie 49,179.020 35,844,818 87,261,025 121,362,596 113,069,471 117,058,426 118,460,580 120,651,536U.S. legal-tenders and bank notes 5,095,751 5,327,384 10,241,562 13,666,256 12,103,225 12,446,512 11,917,388 11,165,289Bills and checks for the next day'sexchange and other cash Items.... 604,977 1,027,537 824,280 1,455,318 1,491,362 527,125 19,173,682 22,827,353Investments held as executor, &c 2,578,790 751,265

Other assets 10.212,483 25,311,893 27,416,592 26,502,058 50,576,782 39,022,282 45,477,234 42,327,962Grand total 1.205.048.180 869.045.541 1.322.255.690 1.442.372.676 1.341.773.413 1.528.171.795 1.467.109.132 1.622.898,752

Note.-Schedules have beenchanged several times since the date first named in the above comparison. We show for each date the exact .designa-tion employed, leaving blank spaces against the old items which no longer appear in the schedu es.AGGREGATE DEPOSITS OF THE SEPARATE COMPANIES.

BOROUGH OFMANHATTAN-Aug. 22 1907.

Astor 8,965,745Bankers'; 23,861,606

Mercantile 35,119,131Manhattan)* 10,975,957

Broadway b 3,932,749Flatbush b 3,104,410Savoy b 1,569,287

Carnegie e 7,923,242Central 42,137,580Columbia-Knickerb'r_d 8,774,339Knickerbocker d_ 62,114,992

Commercial 3,876,981Commonw'Ith (defunct) 516Empire 8,898,940Equitable a 17,381,123Bowling Green a_ 16,233,629Madison a 8,101,350Trust Co. of Amer. a 64,124,995

Farmers' Loan & Trust 81,702,513Fidelity 3,028,403Fulton 7,423,429Guaranty c 41,996,504

Fifth Avenue c 17,532,796Morton c 40,510,828

Guardian 4,185,255Hudson 2,066,175Lawyers' Title Ins.& T 8,524,049Lincoln 22,400,958Metropolitan 23,747,751Mutual Alliance 5,783,501New York Life Ins. & T. 33,782,456New York 33,517,360Standard 12,884,258Title Guar. & Trust 28,495,980Transatiantic_g Union Trust 48,231,644United States Mtge.&T. 30,982,562United States 59,394,159Washington 9,798,340Windsor 11,162,536

Total

849,123,819

Dec. 31 1907.Jan. 1 1909.Sept. 14 1909.Jan. 1 1910.Jan. 2 1911. June 7 1911. Dec. 21 1911 Sept. 9 192.

8,103,74820,240,194

12,245,21939,021,765

14,524,97044,689,107

13,895,03946,602,542

14,774,85962,013,877

20,500,71294,062,531

18,003,182 23,238,90023,277,232 49,434,429 64,529,766 56,109,550 48,382,224 66,405,054 )n37,493,148 1(168,564,30010,508,3009,327,741 20,240,520 18,633,713 26,904,439 19,051,288 18,334,155 21,093,164 e _ 2,340,822 3,309,969 3,751,573 4,281,437 4,607,336 4,673,603 5,156,630 1 97,521,8002,541,372 3,447,861 4,254,194 4,017,215 3,875,130 4,500,574 4,157,049909,024 1,023,152 1,280,170 1,836,544 1,762,388 1,109,004 971,8196,528,511 11,636,804 13,752,036 12,665,754 8,355,940 e33;961,798 85,749,341 86,708,959 91,394,728 67,843,148 83,272,417 87,618,7424,720,103 11,029,855 13,310,565 12.145,661 13,800,562 16,567,427 16,640,920

/34,614,439 34,883,901 35,287,275 32,467,648 38,151,256 37,385,06 57,257,1002,948,586 4,626,215 4,843,549 5,308,155 4,473,784 4,584,217 4,344,738 4,021,300476 476 476 476 564 484 484 4846,304,846 13,058,062 19,766,881 16,857,406 20,040,241 19,170,562 18,183,047 20,114,1009,715,776 22,490,318 a47,440,668 a49,930,289 a35,044,79011,209,036 14,637,467 a44,046,429 a40,348,695 a83,669,0005,623,758 7,541,352 8,599,384 7,453,215 a6,540,09120,705,636 26,893,245 27,252,981 29,074,839 26,881,367 28,915,166 25,563,42758,497,300 122,389,387 143,699,387 115,793,639 116,368,590 132,923,092 132,631,254 126,656,4003,018,254 5,177,550 5,672,107 6,602,632 7,008,343 7,106,214 6,910,834 8,136,5008,047,183 7,613,282 8,745,838 7,871,433 7,723,527 8,431,695 8,102,910 8,751,00028,161,527 69,031,398 89,084,701 77,832,18410,413,911 14,882,682 16,808,558 17,636,478 }c124,815,857 c144,696,620 c156,022,851 c176,015,00022,166,365 36,365,370 41,780,307 33,863,4003,315,280 4,126,034 3,921,279 4,677,865 3,638,994 3,053,213 2,683,174 2,809,6001,172,075 2,243,241 3,595,065 3,447,494 3,416,134 3,609,616 3,354,493 3,633,5005,511,071 11,936,708 15,442,156 12,495,502 13,452,914 17,187,235 16,184,748 17,272,2006,483,066 9,233,676 10,942,091 12,492,637 11,141,401 11,220,771 11,367,721 12,886,40015,764,837 21,147,691 27,101,096 26,817,064 24,971,982 28,664,333 22,511,690 23,465,6003,651,793 7,371,744 9,546,340 12,716,417 8,493.783 8,149,998 8,502,472 9,388,90024,680,912 35,476,878 40,776,875 37,795,781 35,550,811 39,057,251 34,128,848 34,646,90027,862,835 42,593,538 73,549,499 51,486,440 41,313,028 47,258,507 38,044,550 37,187,5007,691,641 15,534,457 18,242,248 16,715,732 16,583,839 19,826,237 17,561,048 17,338,40021,574,526 22,051,658 27,683,102 26,355,280 24,224,805 29,664,778 28,900,222 27,273,2002,349,00044,169,764 55,324,808 66,045,033 61,485,010 53,527,947 58,142,458 52,993,225 64,921,70020,096,258 27,313,836 42,829,119 41,002,035 43,415,252 56,365,003 46,370,514 58,089,60047,302,953 71,353,611 76,001,586 69,111,176 58,735,106 70,349,033 63,097,385 59,385,5007,415,009 10,068,724 10,225,499 10,162,558 10,306,003 9,919,328 9,415,03.1 9,900,3007,773,031 8,589,889 7,512,059 8,866,152 6,844,238 4,496,537 6,474,766 7,418,400

538,664,879 957,378,793 1,143,172,444 1,064,954,258 977,572,641 1 140,504,936 1,078,720,812 1,172,420,884; Prior to Mch. 21 1912 these totals do not include deposits of Flatbush Trust Co. of Brooklyn, which was consolidated with Broadway Trust Co.of N. Y. City Mch. 6 1912. Not reporting on account of suspension, and not included in total. a The Bowling Green was consolidated with Equita-ble Trust Co. Mch. 31 1009. On Jan. 9 1911 the Madison Trust Co. was taken over by the Equitable Trust Co. Trust Co. of America was consolidatedwith the Equitable Trust Feb. 26 1912. 5 Title of Savoy Trust Co. changed from Italian-American Trust Co. Nov. 1909 and on Jan. 22 1912 SavoyTrust Co. was consolidated with Broadway Trust Co., which also absorbed the Flatbush Trust Co. of Brooklyn Mch, 6 1912. c Fifth Avenur andMorton were consolidated with Guaranty Trust Co. Jan. 27 1910. e Banking Department closed the Carnegie Trust and assumed charge Jan. 7 A -1d Columbia and Knickerbocker consolidated on June 5 1412. 5 Mercantile Trust Co. was consolidated with the Bankers Trust Co. Aug. 10 1911. M hattan Trust Co. was also merged with the Bankers Trust Co. March 25 1912. a Transatlantic Trust Co. began busine,s May 22 1012.

BOROUG11 OFBROOKLYN-Aug. 22 1907. Dec. 31 1907. Jan, 1 1909.Sept. 14 1909.

Brooklyn Citizens' Franklin Hamilton Home Kings County Lafayette x Long Island Loan & Tr.Nassau People's Williamsburgh a

15,363,6351,592,398

10,929,9606,734,7312,636,974

12,346,3224,344,8817,055,3688,290,22814,946,7028,206,663

11,628,3111,035,7927,579,0365,490,9521,638,373

10,120,685

6,489,3555,329,614

13,651,462

$17,034,7981,207,065

10,191,4486,454,8601,739,273

13,846,430

8,181,2366,088,50617,064,5921,666,424

18,940,6631,792,961

12,617,7997,737,5412,152,53215,084,194

9,948,3248,279,495

19,413,1702,223,433

Jan. 1 1910.

16,545,8971,538,642

11,832,2356,732,8352,107,011

15,065,023

9,008,8836,374,010

17,820,6881,750,798

Jan. 2 1911. June 7 1911. Dec. 21 1911.Sept. 9 1912.

18,071,2711,439,877

12,103,7627,321,3082,452,328

15,256,377

8,841,6105,660,371

19,229,883a169,857

20,213,5471,629,314

14,296,0197,381,2012,829,851

15,938,435

8,721,2564,182,093

21,118,539a

19,662,0411,805,319

11,261,0786,670,5132,502,684

16,142,302

8,195,0265,586,813

18,848,340a

19,597,300d6,475,70011,846,3007,078,8002,828,300

16,103,000

8,909,9005,970,600

20,841,000a.

Total ;95,552,272 165,504,952 586,922,493 5100,444,306 192,793,237 494,421,774 1102,808,829 494,829,165 99,650,900

BORO. OF Q UEENS-Queens County

1,934,491 1,482,818 1,364,318 1,900,867 1,571,945 1,742,086 1,903,664 1,668,825 1991,100 5 Prior to March 21 1912 totals Inc ude deposits of Flatbush Trust Co. of Brooklyn, which was absorbed by the Broadway Trtist of New York CityMarch 6 1912, and now appears above under the Borough of Manhattan. Not reporting on account of suspension. z Formerly Jenkins Trust Co.a Williamsburgh Trust Co. voted to dissolve its business InNfanuary 1911. d Absorbed the Broadway Bank of Brooklyn In July 1912.

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23

NEW YORK STOCK EXCHANGEMONTHLY AND YEARLY RECORD

The following tables furnish a complete record of the New York StoA Exchange transactions for the past month andthe year 1912. They need no extended introduction, as they are self-explanatory. The tables embrace every security(excepting only State bonds) dealt in on the Exchange. We give bonds first, using the classification adopted in the officiallist. All quotations in the column headed "Price about January 2 1912" were made on that date, except those in italics,which are the nearest in January 1912. The black-faced letters in the column headed "Interest Period" indicate in each casethe month when the bonds mature.

In accordance with the new rule adopted by the New York Stock Exchange, all quotations for interest-paying bondsare at a price to which accrued interest must be added. The exceptions to the rule are income bonds and bonds on whichinterest is in default. This method of quoting bonds became effective January 2 1909.

a'For foot-notes to tables see last page of bonds and last page of stocks.

BONDS-PRICES AND SALES FOR SEPTEMBER AND THE YEAR TO DATE.

BONDS.N Y STOCK EXCHANGE

Per-od.

U S Gov & City SecuritiesU S 2s, cons, reg__ _ _April 1930U S 2s, cons, coup_ _April 1930U 5 3s, reg, 10-20s_ _Aug 1918U S 3s, coup, 10-20s Aug 1918U 5 4s, registered 1925U S 45, coupon 1925Pan Can 10-30-yr 2s_Aug 1936Panama Canal 3s 1961New York City-44s 196044s when issued 19624 Corporate stock __ _ _19594 Corporate stock__ _19584% Corporate stock __ 1957New 434s 1957New 434s 1917434 Corporate stock _ _19574 assessm't bonds _ _1917834% Corporate stock _1954

New York State-4s 1961Caual Improvement 4s_ A961Canal Improvement 4s.. A962Canal Improvement 4s..1960Foreign Gov't Securities

Argentine-Internal 5s of 1909Imperial Chinese Govt-Hukuang Ry sterling 5s_1951

Imperial Japanese Gov't-Sterling loan 4345 19252d series 434s 1925Sterling loan 4s 1931

Rep of Cuba 5s, ext debt _ _1904430 external loan 1949

Sao Paulo 5s trust bonds_1919Tokyo, City loan of 1912 5s_ _ _U S of Mexico External gold

loan of 1899, sink fund 5s_ _4s gold debt of 1904 1954

--- FjjQ - F

- F- F- F

M- sM - NM - NM - NM - NM- NM - NM - NM - NM- SJ -JJ -JJ -J

M- S

J -D

F - AJ - JJ - JM-F - AJ - JM- S

Q- JJ -D

Sales in Price About PRICES IN SEPTEMBER.Sept. Jan. 2

Par Val. 1912. Sept. 3. Sept. 30. Lowest.

Bid. Ask. Bid. Ask. Bid. Ask. Sale Prices. 100 10034 101 1014 101 10134 100 1003% 101 10134 101 10134 10134 1024 102 10234 10234 103 4,000 10134 102 14 10234 Sale 10234 103 10234 Sept. 3 1134 114 11334 1144 113% 11434 1134 114 11334 11434 1133% 1144

100 10094 1013's Ica 10134 7,000 10134 Sale 101% 10134 101% 1024 101% Sept. 14

285,000 102% Sale 100% Sale 10034 Sale 10034 Sept. 171,966,000 1004 Sale 10034 Sale 9934 Sept. 6316,000 9974 Sale 9834 Sale 98 9834 98 Sept. 6105,000 9974 Sale 0894 99 984 Sale 98 Sept. 5116,000 9974 Sale 9854 Sale 9834 9834 9834 Sept. 580,000 1075% 10'7% 1064 10534 106 10534 Sept. 27 102% 10134 1024 168,000 1079 Sale 106 Sale 10534 106 10534 Sept. 237,000 10234 10274 10234 10134 1011% 10174 Sept. 2816,000 8734 9734 85 8634 85 Sale 8434 Sept. 205,000 10134 101% 10034 10034 Sept. 19

23,000 10134 Sale 1004 10034 10034 Sept. 23118,000 10034 10034 10034 Sale 10034 Sept. 164,000 10134 101 10034 Sept. 20

2,000 a967% 9734 a9934 100 a97% 9834 99 Sept. 10

18,000 a.. _ 9534 an% 9494 a_ _ 9334 92 Sept. 27

72,000 a9234 Sale a9234 Sale a924 Sale 9234 Sept. 620,000 a9174 Sale a913.1 Sale a91 92 91 Sept. 510,000 a86 ;4 8834 a83% 8534 a834 8434 8334 Sept. 2889,000 al0274Sale a1033410334 a105 Sale 103 Sept. 25

a9734 a 9934a..9934 2,000 a974 Sale a9794 98 a9794 9834 9754 Sept. 92,000 93 9334 92 9134 Sept. 24

RANGE SINCE JAN 1.

8,000 a9634 96% 92

Railroad BondsA labama Cent. See South Ityrilabama Mid. See At! Coast LAlbany & Susq. See Del & HudAllegheny Valley. See Pa RRAllegh & West. See Buff R & PAm Dock & Imp. See Centof NJAnn Arbor 1st g 4s_July 1095 Q - J 8,000 7934 7934Atch Top & S F-Gen g 4s_1995 A -0 503,000 9934 Sale

Registered 1995 A - 0 97% 984Adjustment g 4s__July 1995 Nov 50,000 914 Salei

egistered July 1995 Nov 91Stamped July 1995 M - N 129,000 9134 9134

50-year cony, gold 4s_ A955 1 - D 3,000 1074 SaleCony 4s issue of 1909__1955 J - D 213,000 Cony 4s issue of 1910_1960 J - D 2,641,000 10034 Sale10-year cony, gold 55_ _ _1917 J - D 203,000 108 10934East Okla Div, 1st, g, 4s 1928 M. - S 9534 96Short Line, 1st 4s, gold A958 J - J 27,000 9234 9334Cal-Ariz 1st & ref 434s_ _1962 M - S 145,000 8 Fe Pres & Phe, 1st g 5s 1942 M - S 3,000 110Chic & St Louis, 1st 6s _ _1915 M - 5 105

Atlan Knoxv & No. See L & NAt! Coast L, 1st g 4s __July 1952 M - S 100,000 9534 SaleAla Mid, 1st, gu, g, 5s _ _ _1928 M - N 10734 Bruns & W, 1st gu, g, 4s_1938 J - J 954 Charls & Say, 1st, g, 7s_1936 J - J 128 L & N collat g, 4s _ _ _Oct 1952 M - N 193,000 945% 95Say Fl & W, 1st, g, Os_ _1934 A - 0 125 126

1st g, 5s 1934 A - 0 10834 Sil Sp 0 & G, gu, g 4s_ _ _1918 J - J 1,000 96% 984

Atlan & Danv. See South'n Ry.Atlan & Yadk. See South'n RyAustin & N W. See So PacificIlan & 0-Pr lien, g, 3345 1925 J - J 47,000 9134 9248-0 Registered Q - J 91Gold, 4s July 1948 A - 0 132,000 977% Sale

Registered Q - J 0894 Pitts June, 1st g, Os__ _ _1922 J - J 112Pitts Jct & M D 1st g 33is '25 M- N 2,000 8834 PLE&WVasSys, ref, g,4s1941 M- N 45,000 014 92SW Div, 1st g, 334s... _ _1925 .1 - J 79,000 9134 SaleC 0 Reorg,lst, con, g, 4%s'30 M- S 1,000 10034 Clev Lor &W, con,lst g 5s '33 A - 0 109 11034Mon R, 1st gu g, 5s _1919 p - A 1024 10434Ohio Riv RR, 1st g, 5s A936 J - D 1084 Gen, g, 5s 1937 A 0 108 110%

Pitts Clev & To1,1st g,6s 1922 A - 0 11334 Pittsb & West, 1st g, 4s1_917 J - J 3,000 9734 Stat IslRy,lst,gu,g,43.4s 1943 J - D 85 90

Beech Creek. See N Y C & HudBellev & Carond. See Ill CentBruns & West. See Atl Coast LBuffalo N Y & Erie. See ErieBuff It & Pen, g, 5s_ . _ .1937 M- S 110% Congo' 434s 1957 M - N 20,000 10434 106%Allegh & est,lst g, gu 4s '98 A - 0 9534 Cl & Mah 1st gu g. 5s _ _1943 J - J 108 _

a964 9634 a96 Sale 9036 91,

79 Sale96% Sale 988934 893488 914893.4 Sale108A Sale

794 80497% Sale97% 9888% Sale87 91488% Sale109 109%

105 - -ale 1055% Sale10834Sale 1093% Sale95 94 9549234 92% 90 91100 Sale 10034 Sale108 10834 10834

103

94% Sale10634 108948

94% Sale122% 124

112%97 100

91% Sale8934 90%9734 Sale96%

87% 89% Sale89% Sale101% 109%102% 107

105%112979491

94% 95106% 1083491 128 oag Sale122 124106 11297 100

91% 91%

96 Sept. 16

79 Sept. 396% Sept. 3

8734 Sept. 27

8734 Sept. 1810734 Sept. 1610834 Sept. 5101 Sept. 131074 Sept. 14

Highest. Lowest. Highest.

Sale Prices.

10234 Sept. 16

10234 Sept. 231005 Sept. 510034 Sept. 269874 Sept. 39894 Sept. 49834 Sept. 31064 Sept. 6

10634 Sept. 6102 Sept. 26855% Sept. 161014 Sept. 610134 Sept. 1910094 Sept. 30101 Sept. 9

9934 Sept. 4

94 Sept. 19

8354 Sept. 281

92 Sept. 1291 Sept. 14,

105 Sept. 30

9734 Sept. 9193 Sept. 6

9634 Sept. 11

804 Sept. 2598 Sept. 27

8894 Sept. 11

894 Sept. 31098% Sept. 2610834 Sept. 5'10554 Sept. 3010934 Sept. 30

91 Sept. 239934 Sept. 101084 Sept. 13

9454 Sept. 4

9294 Sept. 510034 Sept. 3010894 Sept. 4

Sale Prices. Sale Prices.1008% May 27 10034 May 210034 May 27 1014 Mch. 8102 Feb. 6 10234 Feb. 2310134 Jan. 8 1034 Apr. 11134 Jan. 24 1145% Apr. 101134 Jan. 811434 Mch. 2610134 Jan. 1110194 Jan. 11101% Jan. 18 10234 Mch. 2510034 Sept. 17 103 Feb. 23997-4 Sept. 6 10134 May 1398 Sept. 6 100 % Jan. 2398 Sept. 5 100 % Jan. 249734 Sept. 5 1004 Feb. 2310534 Sept. 27 10774 Jan. 2010134 Aug 29 1024 Feb. 1410534 Sept. 23 10734 Jan. 1310134 June 2010234 Feb. 28434 Sept. 20 88 Feb. 1710034 Aug 12 10234 Jan. 2310034 Sept. 23 10274 Jan. 2410034 Sept. 16 10094 Sept. 3010034 Sept. 20 102 Apr. 18

97 Jan. 16 100 July 23

92 Sept. 27

9134 July 229094 July 2083% Aug 1510234 Jan. 299 Apr. 697% Jan. 8917.4 Sept. 24

9534 Feb. 2188 Mch. 11

95% Apr. 4

94 Feb. 1993 Feb. 18854 Jan. 29105 Sept. 30994 June 189894 July 1895 Apr. 11

974 Jan. 2591 May 29

77 July 22 844 Jan. 319634 Aug 9 100 Feb. 289634 July 31 9934 Mch.873% Sept. 27 925% Feb. 2904 Jan. 5 91 Jan. 268794 Sept. 18 92 Jan. 311054 June 3 11034 Aug 141064 Mch. 16 108% Sept. 51004 Jan, 19 106 g Aug 1410634 June 1 11094 Aug 1496 Jan. 12 96% Mch. 2591 Sept. 23 94 Apr. 3993% Aug 6 10034 July 81084 Sept. 13 11034 Feb. 27

9534 Sept. 25 9434 July 26

9334 Sept. 27

97 Sept. 28

9034 Sept. 19

96 Sale 9554 Sept. 16

10934 87 88% 893489% 90101% 105 107%10134 107 100 10631

95%91

1103-4 1093,4 no10434 10534 104 1043497 95% 108

8734 Sept. 789 Sept. 278854 Sept. 181015% Sept. 11

97 Sept. 10

9434 Sept. 3

97 Sept. 28

9134 Sept. 27

9734 Sept. 3

95 Aug 29

96% Feb. 5

9594 Jan. 26

934 Sept. 27 964 Aug 1312334 June 14 12354 June 14

8734 Sept. 78994 Sept. 58934 Sept. 510134 Sept. 11

97 Sept. 10

10474 Sept. 20 105 Sept. 10

97 Jan. 3 97 Jan. 3

9034 Sept.g19 9394 Feb. 299094 Aug 14 915% May 24953.4 Sept. 16 094 Feb. 1696 Aug 5 9874 Mch. 19112 Jan. 6 112 Jan. 68754 Sept. 7 90 June 1589 Sept. 27 92 Jan. 238834 Sept. 18 9134 Jan. 8

1019.4 Sept. 11 1015% Sept. 11107 June 28 11034 Jan. 221024 June 25 10434 May 610934 Feb. 2110934 Mch. 7105 Apr. 26 1053,4 Apr. 2911334 Jan. 31 11334 Jan. 3197 Sept. 10 9734 Mch. 1491 June 6 91 June 6

11134 Apr. 8104 Aug 22

11234 Apr. 171074 Mch. 11

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24 BONDS-STOCK EXCHANGE RECORL [VoL. Lxxxxv.

BONDS. Int. Sales in Price AboutPert- Sept. Jan. 2N V STOCK EXCHANGE od. Par value 1912. Sept. 3. Sept. 30.PRICES IN SEPTEMBER. RANGE SINCE JAN. 1.

Lowest. Highest. Lowest. Highest.Buff Roch & Pitts (con.)- $ Bid. Ask. Bid. Ask. Bid. Ask. Sale Prices.Roch & Pittsb 1st g, 6s_1921 F - A

1123%

112 111 Consol, 1st g, 6s 1922 J - D

1153% 1173% 1133% 112 Buff&Sus-lst ref g 4s Apr 1951 J - J

50

60

45 Burl C R & No. See C R I& Pac

C Sou 1st extended 68_1913 J - J 73,0001013%1013% 1003% Sale 1003% Sale 1003% Sept. 27 1003% Sept. 34.0 2d 5s 1913 M - S 35,000 100 1003% 100 1003% 993% 100 993% Sept. 21 100 Sept. 6Registered 1913 M - S

9934 -.6.

99 Carb & Shawn. See Ill Central

Carolina Cent. See Seab Air LCarthage & Ad. SeeNYCSL HCed R Ia F de N. SeeBOR SeNCentral Branch. See Mo PacificCentral Ohio. See Bait & OhioCent of Ga-lst g, 5s_Nov 1945 F - A

1123% 1123% 1103% Consol, gold, 5s 1945 M - N 19,000 109 Bale 109 Sale 1073% 109 106% Sept. 19 109 Sept. 4Registered 1945 M - N

107

107

1061st, pref, inc, g, 5s_ Nov 1945 Oct2d, pref, inc, g, 5s_Nov 1945 Oct3d, pref, in g, 5s_Nov 1945 OctStamped

Chat Div pur money, g,4s '51 J -D

88 913% 903% 913% 903% 913% Mac & Nor Div, 1st, g, 5s1946 J - J

107

1073% 1093% 107 1093% Mid Ga & Atl Div 5s___1947 J - J

1043% 1073% 1053% Mobile Div, 1st,g, 5s_ _ _1946 J - J

1073% 105 Cen RR&B of Ga-Col g 5s.1937 M - N 5,0001023% 104 101 1023% 1013% 101 Sept. 10 101 Sept. 10Central of N J-Gen g, 55_1987 J - J 25,000 1213% 1213% 1193% 1203% 118 1183% 118 Sept. 23 1193% Sept. 5Registered July 1987 Q - J 9,000 1213% 1213% 1193% 120 1183% 1173% Sept. 27 1173% Sept. 24Am Dock&Imp Co gu 5s.1921 J - J 2,0001063% 1053% 1063% 1043% Sale 1045/s Sept. 30 105 Sept. 11Leh & H R gen gu, g, 5s_1920 J - J

1013% 1023% 102 Leh dr Wilkes-B Coal 58_1912 M - N

100 1003% 100 N Y & L Br, gen, g, 48_1941 M - S 25,000 993% 98

98

100 Sept. 9 100 Sept. 9Central Pacific. See So Pac CoCent Ver 1st, gu, g, 4s.May 1920 Q - F 12,000 893% 913% t% 01 Sale

101% Sept. 17 101% Sept. 1791 Sept. 23 913% Sept. 17Ches & 0-Fund & imp 5s_1928 J - J 5,000 1033% 1043%

i1st cons, 1939 M - N

111% 107

4 cons, gold, 5s 1939 M - N 3,000

1113% 1073% 1103% 109 Sale 109 Sept. 24 1093% Sept. 30106

03%R

General, gold, 43%s 1992 M - S 100,000 1013% Sale 100 Sale 100 Sale 993% Sept. 27 100 Sept. 398 1003% 98 99% Convertible 43%s Registered 1992 M - S

99 q 193 - A 447,000 933% Sale 933 Sale 933% Sale 933% Sept. 16Big Sandy, 1st, 4s 1944 J - D 2,000 873% 883% 883% 893% 85 Es%

85 Sept. 2788 Sept. 10

Craig Valley, 1st, g, 5s_1940 J - J

100

Coa Riv Ry 1s, gu, 43.1945J - D 5,000 85 893% 863% 893% 85Potts Creek Br 1st 4s _1946 J - J

100% 104A 103

81% 7 83 R & A Div, 1st con g, 4s_1989 J - J 3,000 943.4 96 94 923% Sale2d con gold, 4s 1989 J - J

92% Warm Spr Val, 1st g, 53_1941 M - S

105 1083% 100 Greenber Ry,lst gu,g,4s.1940 M - N

893-4 91% 873% Chic & Alt RR-Ref g 3s_ _1949 A - 0 5,000 703% 71 703-4 71 70 Sale 70 Sept. 30Railway, 1st lien,g,33%s_1950 J - J 84,000 643% Sale 65 Sale 65 Sale 643% Sept. 16Chic Burl & Q-Denv D 4s.1922 F - A 1,000 993.4 993% 993% 99 % 99 99 Sept. 25Illinois Division, 33.4s._ _1949 J - J 70,000 873( Sale 85 863% 844 85 8351 Sept. 17Registered 1949 J - J88 84 843% Illinois Division, 4s 1949 J - J 5,000 100 1003% 98 99 98 983% 98 Sept. 28 983% Sept. 10Registered 1949 J - J 1,000

97 100 96 100 97 Sept. 27 97 Sept. 27Iowa Div sink fund, 5s...1919 A - 0 2,000 1045

104

1033% 105 Sept. 27 105 Sept. 27Sinking fund 4s 1919 A - 0

99 1003% 99 100 983% 993% Nebraska Exten, 4s_ .._ _1927 M - N 2,000 98 983% 98 Sale 963% 99Registered 1927 M. N 10,000 97% 963% 97% 96 97% 963% Sept. 27

98 Sept. 3Southwestern Div 4s_ _ _1921 M- S

993%

99%

98% 4s, joint bonds. See Grt NorDebenture 5s 3

1General 4s 1913 M - N

100% Sale 100 100% 00% Chic Sr E Ill-Ref de imp g 4s1955 J - J 4,000 803% Sale 77 773

95% Sale77 Sept. 23

1958 M - S 282,000 98% Sale 95 Sale 94% Sept. 141st cons, gold, 6s 1934 A - 0

124 126 1193% 122 77 Sale

General cons, 1st, 5s_ _ _ _1937 M - N 3,000 109% 110% 107 107% 1081 lOri 107 Sept. 27Registered 1937 M - N

Ch & Ind Coal Ry 1st 58_1936 J - J

109

1063% 106341073%Chic Gt West-lst 50-yr 4s 1959 M - S 66,000 82 83 77 Sale 763% SaleChic Ind & Lou-Ref, g, 6s1947 J - J

1273% 1273% 110

110124 liri

_

Refunding, gold, 5s_ _ _1947 J - J

108% 110 Refunding 4s, Series C__1947 J - J

9334 Ind & Loulsv 1st gu 4s.._1956 J - J

84

84Chic Ind & Sou-50-yr 48_1956 J - J

903% 923% 913% 9334Chic L S & East-lst 434s_1969 J - 1)

104

10434 Chic Milw dr St Paul-5s_ _1914 J - J 1,000 102 Sale 101 1005/s

1003% Sept. 26Gen, g, 4s, Ser A__ May 1989 J - J 84,000 983% Sale 963% 97 98 Sale 963% Sept. 6Registered May 1989 Q - J

9834 95 95 Gen g, 354s, Ser B.May 1989 J - J 10,000

87 843% 85 83 85 833% Sept. 6Registered85

83

82

May 1989 J - J 25-year debenture 4s._1934 J - J 4,000 92 923% 91 92 913% 92% 913% Sept. 14Convertible 43%s receipts 1,731,000

1063% Sale 1053% Sale 105 Sept. 12Ch & L Sup Div, g, 55..1921 J - J 1,000 1083% 1105 1063% 105 Sept. 7Ch & Mo Riv Div, 5s___1926 J - J

108

106 107 Ch de P W, 1st, g, 5s1921 J - J 11,000 106 1063% 1043% 1053% 1043% Sale 1043% Sept. 25C M & Puget S 1st gen 4s 1949 J - J 22,000 95 Sale

93 923% Sale 92% Sept. 5Dakota de (It So, g, 5s1916 J - J 1,000 1023% 1033% 1023% 1023% 1023% 1023% 102% Sept. 5Dubuque Div 1st s f 6s_ _1920 J - J 12,0001133% 112% Fargo & So, assu, g, 6s_ _1924 J - J

115 1153% 11A 2 112% 111% Sept. 261st La Crosse & 13, 53.._ A919 J - J

1033% 1043% 103 Wise & Minn Div, g, 58_1921 J - J

1083% 1043% 1063% 104 1063% Wis Val Div 1st s f 6s___1920 J - J 6,000 1123% 113 1103% 113 1113% Sept. 23Milw & No 1st cons, 6s...1913 J - D 14,000 1013% 101 Sale 1003% 101 Sept. 3Extended 434s 1913 J - D

10034 100 Chic & North W cons 7s__ _1915 Og - F 4,000 108

Extension 4s

106% 105 107% 1048 Sept.t. g3)1886-1926 F - A 6,000 98 96%

96 SRegistered 1886-1926 F - A

95 96 95 96 General, gold, 334s

.

Registered Nov 1987 Q - F

1987 M. N 205,000 863% 873% :80395:: 8013 8847% 84 843% 833% Sept. 61987 M - N 361,000 983% Sale 1095Z 963% 96 Sale OM Sept.

16Sinking fund 6s _ _1879-1929 A - 0 111%

85

110 Registered 1879-1929 A - 0

1103% 109

82% 84% General 4s

Sinking fund 5s_ _1879-1929 A - 0

107

106 Registered 1879-1929 A - 0

10434 1043% 101 Debenture 5s 1921 A - 0 3,000 1043% 106 1043% 102 1043% 1023% Sept. 19Registered 1921 A - 0

103

103Sinking fund deb 5s____1933 M - N

1083% 105 106 Registered 1933 M - N

107 Frem Elk & Mo V 1st 6s_1933 A - 0

1263% 1243% 1273% 124 Mani GB&NW 1st gu 334.5 '14 J - J Milw & S L 1st gu 334s_ _1941 J - J

863% 863% M L S & West, 1st, g, 68_1921 M - N 1,000 113 115 111161Z Sale 111 114 111% Sept. 3&Ext imp, s f, g, 5s_ _1920 F - A

1083% 108 1073% Ashland Div, 1st, g, 6s1925 M - S

1163%

1143% M Spar & N W 1st gu 4s1947 M - S 68,000

92% 93 19142Uil % Sale 923% Sept. 18

Michigan Div, lst,g,6s1924 J - J

116% 116%

Win dr St P 1st ext 7s 1916 J - D 3,000 1113% 1143% 1093% 111 1093% 1113% 109 Sept. 11Chic R I dr Pacific, Os 1917 J - J 5,000 10854 1093% 1073% 1063% 1063% Sept. 6Reg'stered 1917J - J

1073% 1093% 1063.4 1064 General, gold, 4s 1988 J - J 77,000 96 983% 94 95 943% Sale 94% Sept. 10Registered 1988 J - J 2,000 95 96 9334 943% 93 94 933% Sept. 27Refund gold 45 __ 1934 A - 0 332,000 8934 Sale 873% Sale 873% Sale 87 Sept. 620-year debenture 5s__ _1932 J - J 89,000 913% 92 91 Sale 91 Sept. 30Collat tr 4s, Series L ___1914 M - N

963% 96 Series P 1918 M - N

9534 95

95 Chic R I & Pac RR 4s_ _2002 M- N 649,000 723.4 Sale 683% Sale 693% Sale 683% Sept. 16Registered 2002 M - N

R I Ark & L 434s

rec... _1934 6,000

94

111% % 91 88 90 90 Sept. 17Burl C R & No-gold 59_1934 A - 01

11

110 1093% 110 Registered 1934 A - 0

Sale Prices. Hale Prices.

112 Aug. 21

Sale Prices.

1153% Apr. 30

913% Sept. 25

1003% Sept. 27993% Sept. 21

1123% Apr. 1910694 Sept. 19107 Aug. 24

102 Feb. 20101 Feb. 8

1133% Jan. 17111% May 8107 Aug. 24

893% Jan. 111073% Jan. 16

91% Apr. 91073% Jan. 16

101 Sept. 10118 Sept. 231173%Sept. 271045%Sept. 3010234 May 2100 Feb. 14100 Sept. 9

90 Jan. 231013% Aug. 16109 Aug. 27110 Meth 239934 Aug. 30

933% Sept. 3883% Sept. 1385 Sept. 27

923% Sept. 30

103 Mch. 281223% Jan. 121223% Feb. 28107 Jan. 18102% May 2100 Feb. 14100 Sept. 9

923% Feb. 1510434 Jan. 131113% Feb. 201113% Feb. 1103 Feb. 1

925 Feb. 26 94 Apr. 8863% July 17 89 Apr. 885 Sept. 27 85 Sept. 271013% May 7 1013% May 784 May 29 863% Jan. 4918 Sept. 25 96 Jan. 2200 Aug. 161 9034 Aug. 16

75 Sept. 23

703% Sept. 665 Sept. 27093% Sept. 25853% Sept. 24

98 Sept. 3963% Sept. 27

951 Sept. 25774 Sept. 16

107 Sept. 27

773-4 Sept. 6

70 Aug. 2660% May 10093% Sept. 2583% Sept. 178534 Apr. 2798 Sept. 2897 Sept. 271043% Aug. 28993.4 Jan. 39734 June 14963% Sept. 27993% July 31

1003% Aug. 159434 Sept. 1477 Sept. 23122 July 11107 July 3110934 Feb. 510834 May 1075 Sept. 23125 Aug. 14109% Aug. 2

86 July 189034 Aug. 27

1003% Sept. 2698 Sept. 30

833% Sept. 6

913% Sept. 201063% Sept. 6105 Sept. 7

1043% Sept. 26,92 Sept. 5110231 Sept. 5'1123% Sept. 4

1113% Sept. 23101 Sept. 3

1054 Sept. 24963% Sept. 28

843% Sept. 24

97 Sept. 24

1043% Sept. 25

1003% Sept. 269634 Aug. 2897% Apr. 3833% Sept. 6

90 May 3110194 May 29105 Sept. 7108 Feb. 710134 Sept.259234 Sept. 5102 July 22111% Sept. 26

7234 June 17853% Jan. 15100 Feb. 2988 Jan. 486% Aug. 610034 Feb. 299% Feb. 6105 Apr. 29934 Mch. 2899% May 90634 Sept. 2799% Aug. 7

1013% Feb. 149734 Jan. 2581% Jan 25125 Jan. 26113 Aug. 71093% Feb. 510934 Feb. 2083 Jan. 51293% Jan. 281103% Apr. 28

9091

Mch. 28May 8

10234 May 17993% Jan. 1198 Jan. 15883% Jan. 22

923% Jan. 15107 Aug. 13108 Apr. 81083% Jan. 3110634 Mch. 1995% Jan. 3103 Mch. 71133% Feb. 9

10434 Mch. 8106 Apr. 121113% Sept. 23101 Aug. 1210014 Aug. 21043% Sept. 199634 Sept. 28

1043% Apr. 1210634 Jan. 91123 Mch. 51013% Aug. 21003-4 Aug. 2108 Feb. 1498 Mch. 8

833% Sept. 681% May 24953% Sept. 16

1094 Aug. 6105 July 31

1023% Sept. 19

10834 Feb. 6

126 July 20

1113% Sept. 3

93 Sept. 26109 Sept. 111063% Sept. 6

943% Sept. 27933% Sept. 27873% Sept. 28913% Sept. 5

693% Sept. 30

90 Sept. 17

11134 Aug. 201063% Aug. 19

87 Jan. 16863% Feb. 28983% Jan. 10

10934 Aug. 610634 May 10

1053% Jan. 29

1083% Feb. 6

127% Meth

11534 Feb-.-26110 Jan. 24

1163% May 289234 Aug. 30109 Sept. 111063% Sept. 6

1163% Njay-- fi94 Apr. 26111 July 181083% Jan. 19

943% Sept. 109394 Sept. 2787 Sept. 691 July 13

973% June 250634 Feb. 7904 Jan. 2294 May 24

67 May 31 733% Jan. 31713% Mch. 7 723% Jan. 2990 Sept. 17 93 Jan. 31110 June 2411134 Feb. 7

. _

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

OCT., 1912.1 BONDS-STOCK EXCHANGE RECORD. 15

BONDS.N V STOCK EXCHANGE

Int.Peri-od.

Sales inSept.

Par value

Price AboutJan. 21912.

PRICES IN SEPTEMBER. RANGE SINCE JAN. 1

Sept. 3.

Bid. Ask.10354 10554

101% 106% 108%99% 100%

9154

121 123%

102% 103121

121 109% 110106 86% 90%

1.00 101% ___ 90%

102%

86% 88%104 105%

91 Sale91 Sale93% 94%

00 91 92%88% 90%

106% 96 96%96 98

105

123 94 95

003440 45

49 5194% 9595% Sale

110

104% 104%107%

106

112 105% 107%94 97

111%

97% Sale1011 101%9838 Sale0034 91%120

87 9096 9794% 96 83 83%

101 101%

77%

84 8579

82

95 01

99%

105 105%104 103

110 111%

116 117

96 101116%

88% Sale85 77% Sale

90 9186 87%7854 Sale

_ 109% 111109123 1073 107%10054 10110334 105

Sept. 30. Lowest. Highest. Lowest. Highest.

Chic R I & P-(Concluded)-CR I F & N NV, gu, g 5s_1921M & St L, 1st gu, g, 75- -1927Choc Okl&G gen, g 5s,Oct'19

Consol, gold, 5s 1952Keok & Des M, 1st, 58.. A923St P & K CSh L 1st 43s1941

Chic St L & N O. See CentChic St L & Pitts. See Penn CoChic St P M & 0, cons 6s_ _1030Cons 6s, reduced to 3%..1930Debenture 55 Ch St P & Min, 1st g, 6s_1918North Wisconsin 1st 6s.._1930St P S City, 1st g 6s_ _1919

Chic & W I gen, g, 6s_Dec 1932Consol 50-year 4s 1952

Chic & W Mich. See Pere MarqChoc Okl & G. See CRI &PChi Ham & D 2d g, 4%s....1937

1st guar 4s 1959Cin D & I, 1st guar g 5s_1941CinFin&FtW,lst gug 4s.1923On Ind & W, 1st gu g 4s.1953Ind Dec&West 1st, g, 5s.1935

1st guar gold, 5s 1935Cin Ind St L & C. See CCC&StLCin San & Clev. See CCC&StLClearfield & Mahon. See BR&PC C C & St L gen g 4s_ _ _ .1993J20 year debenture 4%s_ _1931Cairo Div, 1st, gold, 4s_ A939Cin W & M Div, 1st, g 451991St L Div, 1st coil tr g, 4s.1990

Registered 1990Sp & Col Div, 1st, g, 4s_1940W W Val Div, 1st g, 4s_ _1940Cin I St L & C, cons 6s_ _1920

First gold, 4s_ __ _Aug 1936Registered_ _ _ _ Aug 1936

Cin S & CI, cons 1st g 5s_1928Cl C C & In consol 7s_ _ _1914Consol sink fund, 7s_ A914Gen'l consol, gold, 6s_1934J

Ind Ill & W, 1st pref, 4s_19400 I & W, 1st pf, 5s_Apr 1938Peor & East '1st cons 4s_1940Income 4s.. 1990

Cleve Lor & W. See Bait & 0Cleve & Mahon Vail. See ErieCleveland & Pitts. See PennCoColo Midland-lst g 4s_ __ _1947Colo & Southern 1st g 4s_ A929

Refunding & ext, 4%s_1935F W & D City-lst g 6s_1921

Colum & Greenv. See South RyColum & Hock V. See Hock ValCol Conn & Term. See Nor&WConn & Pas Rivs, 1st g 4s_1943Cuba RR 1st 50-year 5s g....1952nakota & Gt So. See CINI&StPDallas & Waco. See Mo K & TDelaware Lack & Western-Morris & Essex 1st 7s 1914

First cons guar, 7s_ __ _1915Registered 1915

1st ref, guar, g, 3%8_2000N Y L & W, 1st, 6s 1921J

Construction 5s 1923Term & improve't 48_1923

War RR 1st ref gu g 3%s 2000Del & II-1st Penn Div 7s_1917

Registered 191710-year convert deb 4s_ _19161st lien eq 15-yr g 434s_ _19221st refunding 4s 1943Alb & Susq, cony 3345.._1946Hens & Saratoga 1st 7s_ _1921

Del Riv RR Bdge. See PennRitDen & R G-lst cons, g, 4s 1936Consol gold 434s 1936Improvement gold, 5s_1928First & refunding 5s 1955Adjust Income 7s_ 1932Rio Cr Junc,lst,gu,g,5s_1939Rio Gr Sou, 1st, g, 4s._ _1940Guaranteed 1940

Rio Gr West, 1st, g, 4s 1939M & coil tr, g, 4s,SerA.1949Ut C, 1st, gu, g, 4s.Jan1917

Des M & Ft D. See M & St LDes M Un Ry 1st g 5s 1917Det & Mack, 1st lien g, 4s..1995Gold 4s 1995

Detroit River Tunnel-Det Term Tunnel 1st 454s '61

Det Tol&O-0 S Div, 1st 4s1941Dul Missabe & Nor gen 5s_1941Dul & Iron Range, 1st 5s 1937

Registered 1937Second Os 1916

Duluth Short Line. See Nor PDul So Shore & Atl, g, 5s_ _1937

EVast of Minn. SeeSPHS: M3-dast Tenn Reor lien. See So RyEast Tenn Va & Ga. See So RyElgin Jol & East, 1st g 5s_ _1941Elm Con t & No. See Leh & NYErie-lst consol, gold, 7s.._1920N Y & Erie 1st ext, g, 4s_19472d, ext, gold, 5s 19193d, ext, gold, 454s .....19234th, ext, gold, 5s 19205th, ext, gold, 4s_ __ _1928NYLE& NV g, fund, 7s.1920Erie, 1st con, g, prior 4s_1996

Registered 1st consol gen lien g 4s 1996

Registered Penn colt trust, g, 48_195150-yr cony g 4s, Ser A..1953Do do Ser B_1953

Buff N Y & Erie 1st 7s_ _1916Chic & Erie, 1st gold 55_1982Clev & Mahon Val, g 5s_1938Long Dock, cons g 6s...._1935C & RR Co

conscur gu 6s_1922

D & Impt Co 1st cur 6s_ _1913NY&Greenw L guar g 5s.1946

A -0 J -J - JM - N A - 0 F - A

J - DJ - D M - SM - N J - J A -0Q - M J - J

J - JJ - J M - N - N

J - J- J

J - J

-DJ - JJ - JJ - J M - NM - N M - S J - J M - N Q - FQ - F J - J J -D J - D - J

A - 0 Q - J A - 0April.

J - JF - AM - NJ - D

A - 0 J - J

M - NJ -DJ - D J - D - J

F - A M - N F - A M - S NI - S J -DJ - J M - NA - 0M - N

J - JJ - JJ - D F - AA - 0 J - D J - JJ -JJ - JA - 0 A - 0 H - N J - D J - D

M N M - S J - JA - 0 A - 0 J - J

J - J

M - N

H - S M - N NI - S M - S A - 0 J D M - SJ - JJ - JJ - JJ - JF - AA - 0A - 0J - D M - NJ - J A - 0 M- NJ - J M - N

1,000

8,000

18,000

12,000

4,000

1,000

2,000

8,0002,000 10,000

1,000

3,000

8,00022,000

21,00044,000123,0007,000

1,0003,000

2,000

141,000

135,00019,000

9,000 11,000

72,000

15,000

3,000

7,000

Y7:6661,000

41,000

59,000125,000119,000

1,00

1,000

Bid. Ask.104%

102 106 101 101%

123 12591

123111 111%107% 10992% 92%

10390%

103% 104%90

87% _

104 104%

92% 93%

91% 94%90% 91%91 928990 93 91 92 105%96% 9896% 98107 105% 107

23% 90

91% -.393i Bale

57 6096% Sale97 97%111% 112

106% 108109% 109% 108 85 114 115%106

99

115%

971 Sale100, 101%98, Sale90% 92%122

89%98

9786% Sale

72%

8780%

99 92 95 89% 91

68 104% 104%106 110102

104 107%

108%

110102 104% 102 Y4 105% 100 101

120% 89 Sale84% 78% 78%

77 88 89%85% 86%7534 Sale108 ___11234 112%109% 12234 10434 10810134 1021y4

Bid. Ask.10254 106

102 106 107

100%91%

120 12289 102% 103%

120 120 109 Sale10654 109 86% 91%

101% ioi _ 90%

86% 88%104

91% 92%91 93

93%89%

91% 9288%

88

88 106% 95% 96%953-6 98 105 34

105

123

95 8754 89544234 4534

45 509394 950454 Sale108% 109

104 104%106% 107%106

111% 105% 10754 95 97

110%

97% 97%101% 101% 97% 98390 913-4119

86% 9097 98

94% 83 Sale101

101 77

82 8479

82

99 05

90%

98%

104 105103%

103101

103

110

116

10199

101 96 101

116% 88% Sale85 77% Sale

77% 89% Sale88% Sale79% Sale

11154112

108% 122% 10754 107341075410054 101 I 104

Sale Prices.

102 Sept. 12

89, Sept. 23

1203.4 Sept. 24

10254 Sept. 18

109 Sept. 30

8834 Sept. 18

8694 Sept. 7

9034 Sept. 391 Sept. 393% Sept. 5

9134 Sept. 13

96% Sept. 6

8754 Sept.254034 Sept. 4

49 Sept. 6933% Sept. 1994 Sept. 27109 Sept. 21

106% Sept. 2310654 Sept. 18

11134 Sept. 24

0794 Sept. 12

9754 Sept. 239054 Sept. 20

86 Sept. 2697 Sept. 16

81 Sept. 12

82 Sept.25

9034 Sept. 13

105 Sept. 5

8754 Sept. 1985 Sept.257654 Sept. 13

8934 Sept. 2785 Sept. 1178 Sept. 4

Sept. 10

Sept. 41079-4

Sale Prices.

102 Sept. 12-

89 Sept. 23

121 Sept. 7

10254 Sept. 18

109 Sept. 30

8834 Sept. 18

863% Sept. 7

9134 Sept. 2791 Sept. 39354 Sept. 5

9134 Sept. 13

963-4 Sept. 6

8754 Sept.2043 Sept. 28

50 Sept. 2795 Sept. 695% Sept. 310954 Sept.17

1063/ Sept. 231063 Sept. 18

11154 Sept. 24

9754 Sept. 26

983 Sept.259034 Sept. 24

87 Sept. 1097 Sept. 16

83 Sept. 6

84 Sept. 28

9054 Sept. 11

105 Sept. 5

8854 Sept. 2685 Sept.257794 Sept. 3

90 Sept. 6883% Sept. 307954 Sept. 30

112 Sept. 10

Sept. 4

Sale Prices.

102 Sept. 12107 May 17

100 Feb. 2789 Sept. 23

1203-4 Sept. 24

Aug. 1

110222 June 26

109 Sept. 30

108 Jan. 168834 Sept. 18

101 Mch. 11

8654 June 28

10254 May 20

8654 July 30

104 Feb. 5

9054 Sept. 391 Sept. 3933. Sept. 5

90 May 189% June 5

91 Apr. 1

96 Mch. 4

96 July 10

10754 Feb. 15

105 June 8

12354 Apr. 15

873-4 Sept.2535 Mch. 26

42 Mch. 28933-4 Sept. 1994 Sept. 27109 Sept. 21

------------

102% June 221069-4 Sept. 18

90 Mch. 2711134 Sept. 24

10734 Mch. 15

98 July 24

9754 Sept.12

101 May 1975-4 Sept. 2390 June 13

12134 May 23

84 July 2296% Aug. 5

94 June 1581 Sept. 12

101 July 18

1013-4 July 29

82 Sept.25

78 Jan. 19

90 Jan. 11

9834 Aug. 3010134

6934 Jan, 9105 Sept. 5

Aug. 21

1053-4 July 17

110 Aug. 27

11634 June 17

10454 Mch. 15

10234 Feb. 14

105 Feb. 16100 Jan. 22

11554 June 19873-4 Sept. 1985 Sept.25763% Sept. 13

77 Apr. 108854 Jan. 985 Sept. 117534 Jan. 2

1083% Jan, 411054112 May 28

109 May 24

12334 Apr. 24106 May 2910754

10134 Mch. 12i10134

10334 Aug. 2105

Sale Prices

102 Sept. 12108% Mch.10134 May 209134 Apr. 17

124 Feb. 28

105 May 912334 Mch. 14

1113% Mch.10834 Jan. 309254 Feb. 28

101 Mch. 1187 June 2810434 Jan. 11

88 July 110434 Feb. 2

93% Jan. 4933% June 1394% May 1693 Mch. 79354 Jan. 28

91 Apr. 1

97 Jan. 896 July 10

1073.4 Feb. 1510534 Feb. 27

1233.4 Apr. 15

92 Jan. 34654 Apr. 23

58% Jan. 4973% Feb. 299834 Jan. 3011234 Feb. 26

------------

107% Apr. 12109 % Jan. 31

90 Mch. 2711434 Jan. 2410754 May 2098 July 24

9894 Jan. 2810154 Feb. 2199% May 2893 Feb. 612134 May 23

90% Mch.98% May 219954 Feb. 2090 Feb. 16101 July 1810134 July 29

--

88% Jan. 2381 Mch. 8

9234 Apr. 26

Jan. 475 Feb. 15

104187 2i

108 Apr. 30

112% May 2

11894 Feb. 19

1004 Jan. 2210254 Feb. 610534 Jan. 9100 Jan. 2211634 Apr. 1590 Jan. 168834 June 108034 Apr. 2277 Apr. 1091 May 249134 Apr. 128054 Apr. 12

Feb. 14114 Apr. 26109 May 2412434 May 9

Aug. 15Mch. 12May 15

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

26 BONDS-STOCK EXCHANGE RECORD [VoL. Lxxxxv.BONDS.

N V STOCK EXCHANGE

Int.Peri-od. Par

Sales inSept.

value

Price About PRICES IN SEPTEMBER. RANGE SINCE JAN. 1.Jan. 21912. Sept. 3. Sept. 30. Lowest. Highest. Lowest.

---

Sale Prices.103 Jan. 2

87 June 41083-I Sept. 2811131 May 3111131993-1 June 20

106 May 611131 May 1710131 Feb. 23

95 June 11

96 July 23

76 Aug. 23

99.31 Mch. 28

9531 Sept. 27953% Sept. 2610031 May 23

98 Aug. 101243% July 17122 Sept. 4

10331 Aug. 7

9631 July 12

963-i Jan. 5114 July 1

127 May 6

1113-1 Sept. 10

91% June 26

993% Sept. 16

96 31 Jan. 2

993% Aug. 2010194 Sept. 3

90 Apr. 27

89 Apr. 29

97% June 19534 Sept. 1293 Aug. 30

865% Jan. 22953-I Sept. 23

94% July 9

7331 June 248431 Feb. 2

83 Aug. 12

75 Apr. 277531 Mch. 15

8531 June 12

93 Sept. 27

9431 July 9

1133% July 23

9231 Aug. 21

92% June 8108 Jan. 23953-1 Aug. 2162 Sept. 26

94 May 7

7131 Sept. 25

963--i Sept. 6963% June 7

1063% Sept. 24104 May 6

1043% June 24

1045% Aug. 5

1045-1 Apr. 3953-3 Sept. 21113 Sept. 17

1063-1 Aug. 16

53 June 19

103 Mch. 25

Highest.-------

Sale Prices.105 Jan. 8

90 May 20110 June 21

May 311023-1 Mch. 11

106 May 61123% Feb. 161025% May 29

95 June 11

98% Feb. 8

813-i Jan. 27

100 May 3

9831 Jan. 19983% Jan. 19

1013% Feb. 5

993% Apr. 151253% May 9122 Sept. 41053-i Jan. 16

9831 Jan. 26

9831 Jan. 11116 Feb. 1412734 Apr. 26

11131 Sept. 7

05 Jan. 5

103 Apr. 2

96% Jan. 2

10031 Sept. 17104 Feb. 17

90 Apr. 2789% Mch. 6

100 Feb. 17953-4 Sept. 1296% Feb. 138634 Feb. 26993-1 Jan. 12

95 May 21733-1 June 248734 Apr. 3083 Aug. 12

755-4 Aug. 30753-i Mch. 15

86% Feb. 9

9634 Mch. 12

96 May 2116 Jan. 25

9231 Aug. 2i

00 Jan, 1810831 Feb. 14105 July 306631 Jan. 9

943-1 Jan. 17

74 Jan. 26

10031 Jan. 1998% Feb. 7

110 Feb. 710431 Feb. 161055% Mch. 12

106 Mch. 21104% Apr 398% May 21114. May 27

108 July 29

94% May 29

103 Mch. 25

Erie-(Concluded)NYSusq&W, 1st ref g 58.1937Second, gold, 4318_1937General, gold, 5s 1940Terminal, 1st gold, 5s 1943

Mid of N J 1st ext, 5s_1940Wilk & East, 1st gu, g 5s 1940

Erie & Pittsburgh. See Penn Co& In, 1st con, gu, g, 6s_1926

Ev & T H-lst cons g 6s_ A92I1st general gold 6s 1942Mt Vernon 1st gold 68..1923Sull Co Brch, 1st g 58....1930Fargo & Sou. See ChicM&StPla Cent & P. See Seab Air LFla East Coast 1st 430_ 1959Fort St U D Co 1st g 4%8_1941Ft W & Rio Gr, 1st g 48..1928nal H & San A. See So Pac Co%-Aalv H & H of 1882,1st 5s1913Ga & Ala. See Scab Air LineGa Car & Nor. See Scab Air LGeorgia Pacific. See South RyGila V G & N. See Sou Pac CoGouv & Oswegat. See N Y CentGt No-C B & Q coil tr 48_1921

Registered July 19211st & refund 43s Ser A_1961

Registered 1961 St Paul Minn & Manitoba-

Consol mortgage 45_ A9331st consol, gold, 6s_ __1933

Registered 1933Reduced to gold 43,0_1933

Registered 1933Mont Ext, 1st gold 4s_1937

Registered 1937Pac Ext, sterling gu 4s_ _1940E Ry M,No Div,lst,g,4s 1948Minneap Un 1st, g, 68..1922Mont C 1st, gu, g, 68..1937

Registered 19371st guar, gold, 5s 1937

Registered 1937Will & S F, 1st, gold, 5s_1938

Greenbrier Ely. See Ches & 0G&ShI, 1st rf&ter5s,g,Feb 1952Registered Feb 1952

Hock Val, 1st con, g, 43,1s 1999Registered 19993o1 & H V, 1st ext g 4s 1948

Col & Tol 1st, ext, 4s_ _ _1955Housatonic. SeeNY NH& HH & Tex Cent. See So Pac CoHous Belt & Ter 1st 5s_ 1937Illinois Central-lst g 4s 1951a Registered 1951let, gold 3318 1951

Registered 1951Extended, 1st, g, 3%8..1951

Registered 19511st, gold, 3s, sterling_ 1951Collateral trust gold 4s 1952

Registered 19521st refunding 4s 1955Purchased lines 331s_ 1952Coll tr g 4s, L N 0 &T.1953

Registered 1953Cairo Bridge, gold, 4s_ 1950Litchfield div 1st g 3s _1951Lou'v div & term,g,331s 1953

Registered 1953Middle Div, regis, 6s_ 1921Omaha Div, 1st, g, 38..1951St Lou Div & term, g, 38.1951

Registered 1951Gold, 331s 1951

Registered 1951Springf Div 1st g 33-is_ _1951

Registered 1951Western Lines 1st g 48..1951

Registered 1951Belle & Carond, 1st 88..1923Garb & Shaw, 1st 48, g _ _1923Ch St L & N 0, gold, 5s_1951

Registered 1951Gold 33,is 1951

Registered 1951Memphis Div,lst,g,4s_1951St L So, 1st, gu, g, 48_1931Ind BI & W. See ClevCC&StLInd Dec & W. See Gin H &Ind Ill & Ia, 1st, gold, 48..1950Intern & Gt No-lst g, 68_1919Iowa Central, Is, gold, 58_1938Refunding gold 4s 1951

JTack Lans & Sag. SeeMich Cen%Names F & Clear 1st 4s 1959Vail All & G It. See L-S&NISA.an & Mich. See Tol & 0K C Ft Sc & M. See St L SK C & M Ry & B. See StL&SFK C & Pacific. See Mo K &Kan City South, 1st g, 33_1950Registered 1950Ref & imp 5s Apr1950Kansas C Term 1st 4s 1960Kentucky Central. See L &

Keok & Des M. See CRI &PKnoxville & Ohio. See Sou ItyLake E & W, 1st, gold, 58.1937L 2d gold, 5s 1941

North Old 1st gu g 5s_1945L Sh & Mich So. See N Y CentLeh V (NY) 1st gu, g, 431s.1940Registered 1940Leh V (Pa) gen con, g, 4s_ _2003Leh V Ter Ry 1st gu, g, 5s_1941Registered 1941Leh V Coal Co, 1st, gu g,5s.1933Registered 1933First, int reduced to 4s 103374. h & N Y-lst gu, g, 48....1945Registered Elm C & N, 1st pref 68..1914Gold, guar, 5s 1914

Leh & Hud R. See Cent of NLeh & Wilkesb. See Cent NLeroy & Caney Val. See MoLong Dock. See Erie

J - J

F - A

F - AM - NA -J -D

J J

J - J

A - 0

A - 0

A - 0

J - DJ - JJ - J

A - 0

J - JQ - JJ - J

J - JJ - JJ - JJ - JJ - JJ - DJ - D

J - J

A - 0J - JJ - JJ - JJ - JJ - JJ - D

J - JJ - JJ - JJ J

A -0

F - A

J -JJ -JJ -J

J JJ - J

A -A -M- S

A -A -M - NJ -J

M - NM N

J -D

J -JJ -JJ - JF - A

F - A

J - JJ -JJ --J

J - JJ - JF - AF - A

J -D

M- S

J -D

J -D

J -DJ -D

J -D

M - S

DJ J

M - NJ -DM- S

J -D

CF

TA -A 0

J - JJ -J

N

J -JJ - JA - 0

J -JJ -J

M - NA -A -J -JJ -JJ -J

M -M -A -A -

JJP

2,000,1,000'

2,0001

8,000

3,000

1,120,0007,000

49,000

1,0006,000

5,000

1,0002,000

2,000

2,000

29,000

12,0002,000

2,0002,000

88,000

12,000

13,000

1,000

1,000

1,0001,000

19,000

24,000

78,0006,000

8,00010,000

1,0001,000

S

S

Bid. Ask. Bid.103 Sale 10380

88 90108% -7 108%

110% N.98%, 91%

109

109% 111% 101

107%

107% 95

97

90 95

82

96%

96% Sale96%, Sale100% 101%

9931 125%

10531 106

9731 9831

92% 96% 99%115%

127% 128%

182111 113

113

94 95

102 102%

94% 96% Sale

99% 100102

100

90

99

96% 98

96% Sale85 8631 99% 96% 98

95

86

105% 73

73% 77

73% 85 86

84

84

96%

111% 94% 114 116113 1148431

95

95

94% 96107

102 Sale

6531 67

9431

73% Sale

99% loom983i

108% 109% 104% 104%105

105

104% 105

97

111% 114%

111% 112

107%

9331

103

10031

Ask103% 103

82% 87

112102

96 96%

75

99%

9631 Sale95 96

100 10031

9631 98123%

10431

102

96% 9731

92% 95% 97

114%125% 124% 110% 111%

92 95

100% Sale

92

92%

99% 101% Sale

9131

89

89

98% 95%

93 94

9534

91%

73 75%85 86

82%

75

74 7773 75%85% 8331

84

83 8694 96%

93

112% 97

112 114111

93

92 94%108%98

64 Sale

72%

97% Sale97% 98

108%104 104% 10431 10631

101% 104%

9711331 110

106% 107%

91

Bid. Ask.

82% 87 88108%

100

110% 112

98 102107%

95

96%

7731 79

99

95% Sale

10031 Sale

96 97 123

103 1043-1'1029634 97

923-6 94% 97111125

124

109% 111%

109%

92 95

100% 101%

100% 92

92%

10010031

92

98% 95%

94 Sale

95

92% 95%

73 7531 85

82 85

102% 75

74 77

73 75% 85% 83

-83 , 86

E93 9492% 112%

112% 114

111 112% 82

91%

91 92% 107 108%98 9961 63%

72 7231

97% Sale97% 98%

106% 107%104%

104% 106%

102311043-1

9631 108

110

106% 10631

90

Sale Prices.

87 Sept. 181083-I Sept. 28 1083-I100 Sept. 21 100

96 Sept. 21

7731 Sept. 27

9531 Sept. 27953% Sept. 261003-i Sept. 25

1253% Sept. 7122 Sept. 4

97 Sept. 7

97 Sept. 13

1143-1 Sept. 10

11131 Sept. 10

94 Sept. 10

9934 Sept. 16

993-1 Sept. 1710131 Sept. 3

99 Sept. 16953-1 Sept. 1293 Sept. 5

953-I Sept. 23

85 Sept. 4

853-I Sept. 27

93 Sept. 27

108 Sept. 1798 Sept. 2862 Sept. 26

7131 Sept. 25

9631 Sept. 69731 Sept. 11

1063% Sept. 24104 Sept. 20

95% Sept. 21113 Sept. 17

Sale Prices.

87 Sept. 18Sept. 28

Sept. 21

97 Sept. 4

773-I Sept. 27

963-4 Sept. 3955% Sept. 6

1003-I Sept. 4

1253% Sept. 7122 Sept. 4

97 Sept. 7

97 Sept. 131143-1 Sept. 10

1113-I Sept. 7

943-I Sept. 11

1013% Sept. 26

10031 Sept. 1710131 Sept. 3

993-I Sept. 209531 Sept. 1294 Sept. 30

96 Sept. 19

8531 Sept. 19

8531 Sept. 27

93 Sept. 271

108 Sept. 1798 Sept. 2861 Sept. 3

72 Sept. 24

98 Sept. 11973% Sept. 10

107 Sept. 20104 Sept. 20

953.1 Sept. 21113 Sept. 17

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

OCT. 1912 BONDS-STOCK EXCHANGE RECORD 27

BONDS.N Y STOCK EXCHANGE

Int.Peri-od.

Sales in ,Sept. I

Par value

Long IsI 1st con., g, 5s_July 1931 Q - J1st cons, gold, 4s_ _July 1931 Q - JGen, g 4s 1938J -DFerry, g, 434s 1922 M - SGold., 4s 1932 J - DUnified gold 4s 1949 M - SDeb, gold 5s 1934J -DGuar, ref, g, 4s 1949 M - S

Registered 1949 M - SNY B & M B, con, g, 5s_1935 A. - 0NY & Ro Bch, 1st, g, 5s_1927 M - SNShBch,lst con,gu5s_Oct'32 Q - g

Louisiana & Ark, 1st 5s__ _1927 M -Louisv & Nashv-Geng 6s_1930 J - D

Gold 5s 1937 M - NUnified, gold, 4s 1940 J - J

Registered 1940 J - JColl trust, gold, 55 1931 M - NE H & Nash, 1st, g, 6s_ _1919 J - DLouis Cm & Lex, g, 434s 1931 M - NN 0 & M, 1st, g, 6s 1930J - JN 0 & M, 2d, g, 6s 1930J JPad & Mem Div 4s 1946 F - APensacola Div, g, Os_ _ _1920 M - SSt Louis Div, 1st, g 6s 1921 M - S2d, gold, 3s 1980 M- S

Atl Knox & CinDiv,g,4s..1955 M - NAtl Knox & No,lst,g,5s_1946 J - DHend'sonB'ge,lst s f,6s,g1931 M - SKentucky Central, g, 4s_1987 J JL&N&Mob&Mlst g 430 1945 NI - SL&N-Sou Mon, joint, 4s_1952 J - J

Registered July 1952 Q -N Fl & Shef, lst,gu,g,5s_1937 F -Npt&CinB gen gu g,434s 1945 J - JPens & Atl, 1st, gu, g, Os 1921 F - AS & N Ala, con, gu, g, 5s.1936 F - ALo&JeffBridgeCo, gu g, 4s '45 M - Sahoning Coal. See LS&NISo

AvAanito S W Coloniz, g, 5s 1934 J - DManila RR-Sou lines, 4s_1936 M - NMcK'pt&BVern, SeeNYC&IIRMexican Central-2d, con, inc, g, 3s, Tr certfs_Equip and collat, g, 5s_ _1917 A - 0

2(1 Series, gold, 5s.._ .1919 A - 0Mex Internat, 1st con,g,4s_1977 M - SStamped, guaranteed_ _ _1977 M - S

Michigan Central. See N Y CentMid Term, 1st, g, s f, 5s_. _1925 J - DMil L S & West. See Chic & NWMil & North. See Ch M & St PMinn & St L, 1st, gold, 78_1927 J - D

Pacific Ext, 1st, gold, 6s.I921 A - 01st cons, gold, 5s 1934 M - N1st & refund, gold, 4s.._ _1949 M - SDesM & FtD lst,gu g,4s 1935 J J

Minn & St L, gu. SeeBCR&NBI St P & S S M, con, gold, 4s,,stpd, payment of int gu_1938 J JM St P &SSM & Cent Term

1st Chic Term s f 4s_ _ _1941 M- NMSS M & At!, 1st gold, 4s,stpd,payment of int gu_'26 J - J

Minneap Un. See St P M & MMississippi Cent 1st 5s_ _.1949 J - JMo Kan & Okla. See M K & TMissouri Kansas & Texas-

1st, gold, 4s 1990J -D2d gold 4s June 1990F - A1st extension, gold, 5s_19441M - N1st & refund mtge, 4s__ _2004 M - SGeneral s f, 434s 1936 J -St Lou Div, 1st, ref, g,4s 2001 A - 0Dal & Wa, 1st, gu, g, 5s..1940 M - NKan C & Pac, 1st, g, 4s.1990 F. AMo K & E, 1st, gu, g, 5s..1942 A - 0Mo K & Ok 1st, gu, 5s_ _1942 M - NMK &T of T lst,gu,g,5s..1942 M - SSher Shev&So,lst,gu,g,5s'43 J - DTex & Okla, 1st, gu, g,5s 1943 M - S

Mo Pac-lst consol g Os_ _1920 M - NTrust, g, 5s, stamp_Jan 1917 M - S

Registered Jan 1917 M - S1st, coll, gold, 5s 1920 F - A

Registered 1920 F - A40-year gold loan, 4s._. _1945 M - S3d 7s ext at 4% 1938 M- N1st & ref cony 5s 1959 M - SCen Bch Ry, 1st, gu, g,4s1919 F - ACent Br Un Pac, lst,g,4s 1048 J - DLeroy&CValAL,lst,g,5s 1926 J - JPac Rot Mo, lst,ext g,4s1938 F - A2d extended, gold, 5s_1938 J - J

St Louis Iron Nit & South-Gen con ry & ld gt,g,5s1931 A -0Gen con stpd, gu g, 5s 1931 A - 0Unit & ref, gold, 4s__ _1929 J - J

Registered 1929 J - JRiver&Gulf div,lst,g,4s'33 M - N

VerdigrisVI&W, 1st g,5s 1926 M - SMobile & Birm. See South RyMobile & Ohio new, g, 68_1927 J - D

1st extension, g, 6s_July 1927 Q -General, gold, 4s 1938 M -Montgom Div, 1st, g, 5s_1947 F - ASt L & C coil tr,g,4s_May1930 Q - F

Guaranteed, gold, 4s..1931 J - JCollat trust, 4s. See Southern

Mohawk & Mal. SeeNYC&HMonongahela Riv. See Bait & 0Montana Cent. See St P M & MMorgan's La & T. See So Pac CoMorris & Essex. See D L & W

Mash Chat & St L-lst, 7s_'13 J - JLI 1st, con, gold, 5s 1928 A - 0

Jasper Bch, 1st, gold,6s_1923 J - JMcNI M W & Al, 1st, 6s_1917 J - JT P Branch 1st 1917 J - J

Nash Flor & Shef. See Lou & NNatRysMex prior lien 434s 1957 J - jGuaranteed general 4s_ -1977 A - 0

Nat ofMex prior lien,g,4%s1926 J - J1st consol, gold, 4s 1951 A - 0

N H & Derby. See N Y N H&HN J Junc'n RR. See N Y CentNewp't & Gin B'ge. See Lou&NNO Mobile& Chio 1st ref 5s 1960 J - JNO&NE prior l'n.g,6s_Nov1915 A -0

8

3,0001

2,000

5,000

Price AboutrJan. 21912.

Bid. Ask.110 11293 93% 9496% 10091% 9792 93%102 104%95 96

PRICES IN SEPTEMBER. RANGE SINCE JAN. 1.

Sept. 3. Sept. 30. I Lowest.

Bid, Ask. Bid. Ask. Sale Prices. 112 109

9434 94%96% 10091 97 9434 1033494% 95%

1,0004,0002,000

271,0005,000

2,000

5,00037,000

8,0007,000

1,0001,000

105% 103% 106% Sale 94%115% Sale11199 Sale97 109 111111 115108 120% 125

tcvm 119q4% 96%105% 109113 114%68 73%92 92%112% 115104 94% 95105 106 90

104% 103 103%10434 92 94114 115111% 112%9734 97%97 98%10734 109%110% 111%103 11934 12034

93% 94%105% 107%11134 11269% 723191% 92%111% 113105 92% Sale104% 89%

103% 101 110% 11134111 111%91% 92%

10234

------

88

----------

108% Sale101%110%

110%

93 91% 9496% 10091 9790 93

103%93% Sale

91 Sept. 12

Highest.

Sale Prices.

94 Sept. 12

Lowest.

Sale Prices.10934 Aug. 5963-i Mch. 3094 Mch. 2098 May 10

Highest.

Sale Prices,110% Mch. 9963-4 Mch. 309434 Jan. 3098 May 10

po Sept. 28

9331 Sept. 30

90 Sept. 28 90 Sept. 28 95% May 3

953-4 Sept. 4.1 93 Jan. 12 9734 Mch. 4

104% 103 10334 103% 91 96 I 93 Sept. 27112 11334.11394 Sept. 1411034 1113/s1103% Sept.2698 Sale 1 973 Sept. 696 9734 963-4 Sept. 26107% 109% 110 111 % 110% Sept. 9101 118% 120%1 114 90 94 1053% 1079-4 11034 1113%1 693-4 723-4 6934 Sept. 1891 9234 9194 Sept. 11110% 105 9234 93 92 Sept. 410334 10474 Sept. 1490

1073% 1103-4 10834 Sept. 31005/s 10134 10034 Sept. 1911034 108% 110%

104 104%

----------

86

---------

80

93 Sept. 2711334 Sept, 14111 Sept. 26983-4 Sept. 25963-1 Sept. 26

11034 Sept. 9

1033-4 June 13 104 July 29105 Aug. 16 10794 Jan. 293 May 2 943.4 Apr. 2511234 July 9 11734 Mch. 411094 Sept. 26 11231 Aug. 229731 Aug. 22 9931 Feb. 99634 Sept. 26 983% Apr.

1083-4 May 29 11031 Feb. 171103-1 Aug. 2011131 Jan. 2810434 Apr. 26 105 Feb. 7120% Aug. 7 121 Mch. 11117 Jan. 11 11731 Jan. 119334 Aug. 26 96 Apr. 2

69% Sept. 279234 Sept. 21

923-4 Sept. 24104% Sept. 14

11234 July 1969% May 891% Sept.1111234 May 7

113 May 2269% Mch. 893 Jan. 1311234 May 7

92 Sept. 41041,4 Mch. 14883-4 June 14

95 Feb. 131045% July 1090 Aug. 23

10854 Sept. 31003/a Sept. 19

10894 Sept. 31003-1 Sept. 19112 Mch. 710931 July 29194 Feb. 19

10934 Jan. 8110031 Sept. 19.112 Mch. 7111% Feb 891% Feb 19

2,00016,000

10,000

127 131 119 12934

106 Vs69% Sale

79

97 97%

41,00043,0006,0005,000

52,000

1,000,10,00013,0001,000;4,000

24,000'12,000

1016376

102%668234

9634

96 9734

9831

121 125 no Vs

102%61 6376 80

95% 96%

95 97%

96%

96 97839-i 84101 101%80% 80%88% 89

84105% 88 91109% Sale106% 108102 104%10334 104%10334 1063-i108997

1003-410,000

188,000

99% 100

93 9580% Sale 99/17734 77%86% Sale

78105% 10734 1083-4 104101 103% 102

105%106 106399 993497

309,00013,000

4,000

18,000

65,000

7,000

7195

8634 Sale92 78 84% 10295% 97%104 109%

106

97%

70% 71% 9285 Sale92

8098 10234 93103% 105

104 Sale

79% Sale

7882% Sale

78 79

2,000

8,000

24,0001,000

48,00013,000

120% 121114 11785% 86110% 110%83 8593% 93%

104 104%109 113

83%100

11534 118%114% 857 87%1073.4 108348334 83% 93

10234 103%109%

107% 10794

9294 92%86% 87 10079% 80%

541.1043,000, -

90 9180 82 1007734 80

89%104 10474

93% Sale79 81%10094 10234 77%85% 86%