BANK AND QUOTATIONSECTION

OF THE

COMMERCIAL & FINANCIAL CHRONICLE.Copyrighted in 1916, according to Act of Congress, by WILLIAM B. DANA COMPANY, in office of Librarian of Congress, Washington, D.C.

VOL. 102. NEW YORK, FEBRUARY 5 1916. NO. 2641.

BANK AND QUOTATION SECTIONThe Bank and Quotation Section, issued monthly, is furnished

without extra charge to every annual subscriber of the Commercial andFinancial Chronicle.The Railway and industrial Section, issued three times a year on the

last Saturday of February. June and October, is likewise furnished withoutextra charge to every annual subscriber of the Chronicle.The Railway Earnings Section, issued monthly, containing the sworn

returns of earnings and expenses filed each month with the Inter-StateCommerce Commission, is also furnished without extra charge to ever;annual Chronicle subscriber.The Electric Railway Section, Issued three times a year, in January.

May and September, s likewise furnished without extra charge to everyChronicle subscriber.

The State and City Section, issued semi-annually on the last Saturdayof May and November, is also furnished without extra charge to everysubscriber of the Chronicle.

The Bankers' Convention Section. issued yearly, giving the detailedProceedings of the annual convention of the American Bankers' Associa-tion. Is also furnished without extra charge to Chronicle subscribers.Terms for the Chronicle, including the six Supplements above named.

are Ten Dollars per annum within the United States, Thirteen Dollars(which Inehides postage) in Europe, and $11.50 in Canada.

File covers for the Chronicle are sold at 60 cents each; (which includespostage). File covers for Supplements can be had at same price.CHICAGO OFFICE-39 South La Salle St.LONDON OFFICE—Edwards & Smith. 1 Drapers' Gardens, E. 0.

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New York.

INDEXTO ADVERTISEMENTS OF BANKS AND TRUST COMPANIES

Atlanta. Oa.—Page'Mobile. Ala.—Page.Atlanta National Bank People's Bank 9

Baltimore. Md.—National Bank of Baltimore--Safe Deposit & Trust Co

3 Nashville. Tenn.—American National Bank Fourth and First Nat. Bank

810

Birmingham, Ala.—First National Bank Newark, N. J.—

Union National Bank 3Boston, Mass.—

National Union Bank 2 New Orleans. La.—Whitney-Central Nat. Bank— 8Chicago, ill.—

Obicago Savings Bk. & Tr. Co_Continental & Com'l Nat. Bk_

69 New York. N. Y.—

Corn Exchange Nat. Bank 8 Chemical National Bank 1First Nat. Bank of Chicago___ 7 Coal & Iron National 13ank 1Live Stock Exchange Nat. Bk_ 6 Farmers' Loan &Trust Co 14Merchants' Loan & Trust Co__ 12 Hanover National Bank 1National Bank of the Republic_ 11 Seaboard National Bank 1

Cincinnati, Ohio—Fifth-Third National Bank__ 10

Norfolk. Va.—Norfolk National Bank 3

Cleveland, Ohio—First National Bank 10 Paterson, N. J.—Union National Bank 10 First National Bank 1

1)enver,First National Bank 7 Philadelphia, Pa.—

Corn Exchange Nat. Bank___ 5Detroit. Mich.— First National Bank 4

First & Old National Bank__ __ 3 Fourth Street National Bank_ 9People's State Bank 6 FranklinNational Bank 8

Girard National Bank 4Port Worth, Texas— Girard Trust Company 6

Fort Worth National Bank-- 7 Market Street National Bank_ 4Philadelphia National Bank 5

Grand Rapids, Mich.— Tradesmen's National Bank 4Old National Bank 6

Hartford, Conn.—Hartford-Aetna National Bank

Indianapolis, Ind.—Merchants' National Bank

2

10

Pittsburgh, Pa.—Columbia National Bank

Providence, R. I.—Merchants' National Bank

5

2

Jersey City, N. J.—First National Bank 2 St. Louis. Mo.—

Mechanics'-American Nat, Bk. 7Los Angeles. Cal.— National Bank of Commerce__ 7Citizens National Bank 12First National Bank 12

San Francisco. Cal.—Milwaukee, Wis.— Anglo & London-Paris Nat.Bk 11

First National Bank 5 The First National Bank—.12

Minneapolis, Minn.—First & Security National Bank 11 Worcester, Mass.—Northwestern National Bank_ 11 Merchants National Bank___-‘; 2

REVIEW OF JANUARY.As a whole, the developments during January were

highly favorable, at least as concerns trade and indus-trial affairs, and indicative of unusual businessactivity and prosperity, though the Stock Exchangeby its course did not give evidence of the fact. Mostof the big industries were running on full time andin some cases straining their capacity to keep upwith their orders. Steel mills were sold ahead formany months, and some consumers were so anxiousregarding prospective supplies because of the diffi-culties they were experiencing in securing deliverieson old orders that they wanted to buy for deliveryin 1917 without much regard to prices; indeed, as faras the generality of iron and .steel products is con-cerned, price did not appear to be a considerationat all.

Freight congestion at the terminals of the railroadson the Eastern seaboard continued, modified forthe better in some instances and for the worse inothers, and it is significant that on the New YorkNew Haven & Hartford RR. the situation becameparticularly acute, this reflecting the activity ofNew England manufacturing industries. Here atNew York the congestion was due mainly to thegreat shortage of merchant ships with the scarcityof ocean freight room, making it difficult to load onboard vessels the large mass of goods and materialsbeing received intended for export, which conse-quently accumulated on railroad tracks and inter-fered with the ordinary freight movements of therailroads. As an indication of the extreme scarcityof steamship accommodation and the resulting highfreight charges, it may be noted that at the Southernports of the United States on shipments of cottonas much as $3 per 100 lbs. had to be paid, or theequivalent of 3 cents a lb., as against only abouthalf a cent a lb. in ordinary times.In the New England States, on the other hand,

the congestion appeared to be mainly due to theenormous volume of traffic and the inability of theNew Haven road to take care of the same at manypoints. A large part of the foreign orders for muni-tions and other war materials is being executed byconcerns in southern New England which in 1915made extensive additions to machinery and plantfor the purpose of filling the mass of orders re-ceived, and these enlarged manufacturing estab-lishments are accordingly turning out a correspond-ingly augmented volume of goods, much of it intendedfor export.

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16 MONTHLY REVIEW Vol,. 102

The most conspicuous illustration of the greatactivity and the marvelous prosperity of the ironand steel trade was furnished by the statement ofthe United States Steel Corporation for the Decem-ber quarter and the twelve months of the calendaryear, and the action of the board of directors of theCorporation on the dividend question. In March1915 the company had been obliged to suspenddividends altogether on common, after having re-duced them during the preceding December (1914)quarter to only 32 of 1%, and, as a matter of fact,in that December quarter the showing had been theworst of any submitted in the entire history of theCorporation. Not alone had nothing been earnedin that December quarter of the preceding year forthe common shares, but only $567,360 had thenbeen earned toward the payment of the $6,304,920required for the quarterly dividend on the preferredshares. Now, for the December quarter of 1915 theCorporation was able to submit a statement of won-derfully prosperous results, with the largest. earningsever made in any quarter in the Corporation's his-tory. The amount of the net earnings after deduct-ing the cost of ordinary repairs and maintenance ofplants and interest on bonds of subsidiary companiesreached no less than $51,232,788, surpassing by$5,729,084 the maximum for the best previous quar-ter and comparing with only $10,935,635 the netearnings for the very poor December quarter a yearbefore. Whereas in the December 1914 quarteronly $567,360 had, as stated, been earned, towards therequirements for dividends, on the other hand inthe December 1915 quarter the surplus of earningsremaining before dividends amounted to no lessthan $35,165,336.

It followed as a matter of course that dividendswere resumed on the common shares by unanimousaction of the directors of the Steel Corporation, aquarterly dividend of .13%, payable March 30, be-ing declared. Even after providing for this 131%,calling for $6,353,781, and the quarterly dividend of134% on the preferred stock, calling for $6,304,920,a surplus remained in the large sum of $22,506,635.Another noteworthy feature of the return was that,as in every preceding quarter of 1915, each month ofthe quarter showed higher net than its immediatepredecessor. The result was that the net for themonth of December proved to be $17,677,966. Andas showing what a marvellous transformation occurredduring the year in condition and prospects, this netof $17,677,966 for December 1915 contrasted withonly $1,687,150 net for the month of January, 1915.This wonderful record of prospertiy was due to thefact that all the plants of the Corporation were work-ing to practically full capacity and that the Corpora-tion was obtaining exceedingly high prices for itsproducts. All the indications, too, pointed to acontinuance of this exceptional state of things for atleast the very immediate future. Such a prospectappeared to be assured by the fact that during De-cember there had been a further addition of 616,731tons to the total of unfilled orders on the books of thesubsidiary companies, bringing the aggregate of suchunfilled orders up to 7,806,220 tons, against only3,836,643 tons at the beginning of the year.

Notwithstanding that the range of prices was al-ready so high, there were further advances in ironand steel products, and Eastern steel works, it wasreported, were compelled to refuse orders. Buyersreally advanced prices on themselves by their anxietyto secure protection. Metal prices also sharply ad-vanced, in particular copper, in which there was afurther rise of 3 cts. a lb., bringing the quotation forLake copper and electrolytic up to 253/2 and 25% cts.,respectively. Heavy export shipments were one ofthe causes of the rapid advance.The fact that most commodities are ruling at very

high figures—whether from monetary inflation, orscarcity, or the prosperity of the times, probably allthree factors contributing to the result— induced

some leaders in the industrial and financial worldto utter notes of warning against counting too confi-dently upon the continuance of prosperity in branchesof manufactures bolstered by war orders and alsoagainst taking too much for granted in that regardwith reference to trade in general. One of theseprecautionary admonitions came from Elbert H.Gary, Chairman of the Board of the United StatesSteel Corporation. It was contained in a statementmade public by him on January 6 in response to arequest for his opinion on conditions and prospects.An offering of $25,000,000 New York State bonds

on January 27 was one of the events of the monthand was looked forward to with much interest as anindication of investment conditions. The offeringproved highly successful. The loan was in the shapeof $22,000,000 50-year bonds and $3,000,000 30-yearbonds. The rate of interest was fixed at 4% asagainst VA% at the sale in March 1915 and 4%at the sale in January 1914. There were 90 biddersand the aggregate of the proposals reached $198,-767,000. The entire $25,000,000 went to one bidder,the First National Bank of New York, at its bid of103.27 (a premium of $817,500) for "all or none" ofthe bonds, making the interest basis 3.85%; fourother bids were received for "all or none" of thebonds. With the announcement that the FirstNational Bank had secured the bonds there came astatement from the bank itself saying that the entireamount had been resold. At the March 1915 saleof 43/0 a syndicate bid of 103.459 for "all of none"was successful, making the basis then 4.08%. At the$51,000,000 sale of 4s on Jan. 21 1914 the awardwas on an interest basis of 4.208%. Seven monthsbefore that (in June 1913) the State, to tide overemergencies

' had put out $27,000,000 8 months

notes on a basis of 4.87%The British Government plan for the mobilization

of American securities, with the view of their salein the United States, or for the purpose of borrowingupon them here, was definitely inaugurated. OnJan. 7 Great Britain made public the initial list ofsuch securities which the British Treasury was pre-pared to buy or borrow and the prices to be paidtherefor. The list contained 54 bond issues madeup for the most part of railway obligations, althoughit included certain bonds of American Telephone &Telegraph, General Electric, New York Telephoneand United States Steel Corporation. The onlyCanadian securities in the list were the CanadianPacific 6% notes. The prices the British Govern-ment offered to pay were some points higher than theNew York prices; this was owing to the circumstancethat as the bonds were to be paid for in London, inpounds sterling, and to be sold in the United Statesfor dollars, and sterling exchange in New York onLondon was at a discount so that a given amount indollars yielded more in pounds sterling than the in-trinsic equivalent in gold, there was a profit inthe exchange operation that inured to the benefitof the British holder. For the same reason theprices offered by the British Government were sub-ject to daily change. The response of British holdersto the scheme appeared to be liberal and prompt.On January 20 the British Treasury also made

public the names of certain stocks it was prepared tobuy, or borrow, the schedule ,including Atchisoncommon and preferred, Baltimore & Ohio commonand preferred, Milwaukee & St. Paul common andpreferred, Great Northern Illinois Central, Louisville& Nashville, New York Central, Norfolk & Westerncommon, Northern Pacific, Pennsylvania, Readingcommon, Southern Pacific common, Union Pacificcommon and preferred, and United States Steel pre-ferred.The startling news that came in cablegrams from

Europe on the very first day of the year that anotherpassenger ship had been sunk in the Mediterraneangave rise naturally to renewed apprehensions regard-ing the outcome of, the submarine controversy of the

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FEB. 1916. MONTHLY REVIEW 17 •United States with Austria and also, in some measure,

with Germany. When 1915 closed it had beensupposed that the controversy with Austria at least,arising out of the sinking in November of the Italianliner, Ancona, by an Austrian submarine, had beensatisfactorily adjusted, in accordance with the viewsof the United States. But this new attack threatenedserious further complications. On this occasion theship sunk was a British passenger steamer, namelythe Persia of the Peninsular & Oriental Line. Thesinking occurred on Dec. 30 off the island of Cretein the Mediterranean and a particularly aggravatingfeature was the fact that one of the persons who losthis life was Robert N. McNeely, who had just beenappointed American Consul at Aden, and who wasproceeding to his post on the Persia. Besides Mr.McNeely, two other Americans had boarded thePersia at London, but one of them had left the shipat Gibraltar and the other was landed at Alexandria,Egypt, where the survivors, who numbered 166(consisting of 65 passengers and 101 members of thecrew) out of 184 passengers and a crew. of 315, weretaken.

It was supposed, of course, that this new disasterwas the:work of another Austrian submarine, though,as a matter of fact, there was no evidence to thateffect and none developed. The belief was that theship had been sunk by a torpedo, but no one wasfound who had seen the submarine, though some ofthose aboard the Persia claimed to have noticed thetrack of a torpedo. Both Austria and Germany werequick to perceive the alarming possibilities involvedin this new aspect of the matter, and pro-ceeded to take time by the forelock. The AustrianCharge d'Affaires at once announced that he feltconfident that his Government would not hesitate"to satisfactorily adjust the matter," if it should beproved that the disaster was the work of an Austriansubmarine, and a further assuring feature appearedin the delivery on January 7 by Count von Bernstorff,the German Ambassador, of a communication fromthe Berlin Foreign Office to Secretary of State Lansingstating "that German submarines were permittedto destroy merchant ships in the Mediterraneanonly after passengers and crews had been accordedsafety;" also, that if commanders of German sub-marines should not have obeyed the orders given tothem they would be punished and, furthermore, theGerman Government would make reparation fordamages caused by the death of or injury to Americancitizens. In the early part of the month it was sup-posed that the Austrian Government had informedour Government that it had heard from all Austriansubmarines operating in the Mediterranean and thatnone had made mention of having attacked thePersia; the later part of the month, however, newsfrom .Washington stated that while the GermanGovernment had given assurances that no Germansubmarine had attacked the Persia, all the AustrianGovernment had done had been to inform Ambassa-dor Penfield that so far as Austrian submarines hadbeen heard from, none had reported having attackedthe Persia. But on February 1 Secretary Lan-sing announced the receipt of a dispatch from Mr.Penfield saying the Austrian Government had in-formed him that all its submarines had been heardfrom and none had been concerned in the affair.The latter part of the month President Wilson

began a tour of the country making preparednessspeeches and in order to enlist support for his schemesfor enlarging the army undertook to impress thepublic with the idea that there were threateningdangers ahead. The fact that the Persian affairwas still involved in doubt then began to assume adisquieting aspect. Scare heads also again appearedin the newspapers regarding the Lusitania contro-versy with Germany. Dispatches from Washingtonstated that Germany had not yet expressed dis-avowal of the attack on the Lusitania, but that thePresident was now determined that Germany must

settle on our Government's terms and without delay—that the Administration was prepared to actquickly if Germany refused.

President Wilson inaugurated his campaign onpreparedness by making three speeches in this cityon January 27. His principal address of the daywas delivered at the annual banquet of the RailwayBusiness Association held at the Waldorf-Astoria.In the European war field perhaps the most con-spicuous event was the announcement on the night

of Jan. 9 that the remaining positions held by GreatBritain and France on the Gallipoli Peninsula hadbeen abandoned, thus ending the disastrous Dar-danelles campaign. At the same time came thenews of the sinking by a mine of a large British battle-ship, namely the King Edward VII, one of the finestof the latest class of pre-dreadnaughts, a vessel of16,330 tons laid down in March 1902. The Britishofficial communication regarding the Gallipoli with-drawal said: "General Sir Charles Monro reportsthat the complete -evacuation of Gallipoli has beensuccessfully carried out. All the guns and howitzerswere got away, with the exception of 17 wornout gunswhich were blown up by us before leaving. Ourcasualties amounted to one member of the Britishrank and file wounded. There were no casualtiesamong the French." The Turkish war office, how-ever, issued a report asserting that the rear guardof the enemy had been annihilated and claiming thata huge amount of supplies had been left behind.The Allies had the previous December 20 withdrawntheir troops at Suvla and Anzac, leaving them posses-sion only of the Sedd-el-Bahr positions on the tipof the peninsula and the withdrawal from these po-sitions at the first favorable opportunity seemed,therefore, a foregone conclusion.

Despite the large increases in earnings the rail-road situation was given a decidedly unfavorabletinge the latter part of the month by an announce-ment which came from the headquarters of the East-ern roads telling of a coming demand on the part ofengineers, firemen, conductors and trainmen for areduction in hours and an increase in wages on everyroad in the United States. The statement of theroads was in these words :Many millions of dollars will be added to the railroad pay-rolls if the 400,000 men in train service force the carriers tomeet their new demands for higher wages. Engineers, fire-

men, conductors and trainmen from Maine to California, onevery mile of railroad in the country, are now voting author-ity to their leaders to bargain with the roads for more pay.The, result of the vote will be known in March, and if it isfavorable, as the leaders confidently expect, a simultaneousdemand will be made on all the roads to adopt the new rates.This is the first country-wide demand by railroad workers

for more wages. The battle ground for bigger pay checkshas never before extended beyond the boundaries of one sec-tion of the country—the East, the West or the South; andeven in these territorial struggles the four brotherhoods havenever made joint demands. The Eastern and Western wagedisputes of the past few years have been settled by arbitra-tion, through the operation of the national laws providingfor conciliation and' arbitration; but some of the leaders ofthe men have announced that this will be a fight to a finish,and that they are opposed to arbitration.

It was pointed out that the railroad payroll nowapproaches $1,500,000,000 a year for the great armyof nearly 1,800,000 men; that the 1910 pay roll was$1,140,000,000 for 1,700,000 men, while the payroll for 1914 for the same number of men was $1,-400,000,000, or a quarter of a billion dollars more,because of wage increases; that the employees shareof the total receipts of the roads has risen from 49%to 45% in the past few years and that while out ofevery dollar now received by the roads for carryingfreight and passengers the employees get 45 cents,the owners of the railroads—the stockholders—re-ceive as their share of the gross earnings less than 2%,and that thousands of the men at the throttle earnupwards of $2,000 a year and that monthly paychecks of $200 to $250 "are common on roads whosestockholders have forgotten what a dividend checklooks like;" furthermore, that many of the engineers

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18 MONTHLY REVIEW [VoL. 102.

are higher paid than bank presidents in the smaller

communities through which the roads run.The money market was free from incident of any

kind and there was no modification of the condition

of extreme ease so long prevalent.RATES FOR MONEY IN NEW YORK, WEEKLY.

Week Ending—Call Loans— Jan. 7 . Jan. 14. Jan. 21. Jan. 28.

Stock Exchange—Range for week 14-3 14-2 14-2 14-2

—Week's average 2 134 134 14

Time Loans—Sixty days 234-234 234-234 2%-2% 2%-2%

Ninety days 234 2% 24 2%

Four months 234-3 234-3 234-3 24-3

Five months 3 3 3 3

Six months 3 3 3 3

Commercial Paper—Double names—Choice 60 to 90 days 3-34 3-34 3-34 3-3%

Single names—Prime 4 to 6 months 3-34 3-34 3-34 3-334

—Good 4 to 6 months 34 3% 34 334

In the foreign exchange market a sharp rise insterling rates occurred during the first few days and

was well maintained during the remainder of the

month. The course of the market indicated that

as a result of the various measures for the stabiliza-

tion of exchange previously taken by the British Gov-

ernment and bankers—the placing here of the Anglo-French loan for $500,000,000, the arrangement of aspecial bankers' credit for $50,000,000, the enormous

gold shipments to the United States and finally the

definite inauguration of the plan for the mobilization

of British-owned American securities and their salein this market—the sterling exchange situation wasnow well in hand. The persistent selling here ofsecurities, both under the mobilization scheme anddirect, created a demand for remittance which tendedto keep exchange rates firm even though constantnew supplies of bills kept coming on the market inconnection with the large purchases of materials andsupplies in this country for the Entente Powers.The foreign trade returns showed that merchandiseexports from the United States continued of veryexceptional magnitude. Fluctuations in exchange

the last half of the month were comprised within anarrow range, there being occasional recession in

rates as additional batches of commercial bills came

upon the market and upward reactions again asdemand arose for remittance against security saleshere. The lowest figure for sterling demand billswas 4 73%@4 735% Jan. 3 and the highest Jan. 6,when the price got as high as 4 78, only to drop againthe next day to 4 74%. On Jan. 8, however, therange was 4 76@4 763 . and the quotation Jan. 31was about the same, being 4 76@4 763/g. Therewere continued gold importations into the UnitedStates from week to week, but not on the scale ofprevious months, the large security sales makingthat unnecessary. Continental exchange was in-clined to weakness. Paris bankers' checks werestrong at the beginning of the month so that on Jan. 6only 5.82 francs were required to make a dollar, asagainst 5.85M francs Jan. 3, but the improvementwas lost again and Jan. 31 Paris checks were quotedat 5.883 to the dollar. Exchange on Berlin de-veloped further weakness and Jan. 7 bankers' sightbills dropped as low as 73. From this there was arecovery to 77 Jan. 14, but Jan. 31 the price was 73%.RATES OF EXCHANGE ON LONDON IN POUNDS STERLING.

Jan. Sixty-Day.1 _ _2_3 __4 7044 70344..471 -471345472 -4723-46 __4 734-4 73347..472 -4723-48 __4 724-4 73

10 _A 72 -4723411 __4 724-4 7312 _A 73 -4733-413 __4 73 -473%14 __4 724-4 7315 __4 72 -4723-416_

Bankers' Bills-- —Commercial Bills Cable Ninety- Documents Seven Days

Sight. Transfers. Day. for Payment. Grain.HOLIDAYSUNDAY

4 734-73% 4 7434-743j 4 664-6634 4 69 -69344 744-744 4 744-754 4 67 -674 4 694-704 754-754 4 754-764 4 674-684 4 704-7044 754-78 4 7634-78% 4 69 -7034 4 714-734 744-7734 4 754-78 4 70 -714 4 71 -724 76 -763f 4 7634-77 4 69 -693-4 4 71 -713-4

SUNDAY4 75 -7534 4 754-7634 4 684-684 4 704-7147534-7634 4 764-76% 4 69 -694 47134-71°%4 764-764 4 7734-7734 46934-6934 4 714-724 7534-7634 4 7634-7734 4 694-694 4 714-724 763-76% 4 76%6-7734 4 69 -6931 4 714-71344 7534-7534 4 7634-7694 4 71 -714

17 __4 72 -4 73 4 754-76418 -_4 73 -4 734 4 76%-76%19 -_4 73 -4 734 4 764-76%20 _ _4 73 -4733-4 47534-763421 __4 73 -4 734 4 7634-76422 _A 734-4 73% 4 764-763423

4 764-77 4 69 -69344 76%-7734 4 694-693-44 764-773.4 4 694-6944 769-4-76'3j'6 4 6934-693-44 76%-76 4 694-69%4 764-76% 4 694-6934

SUNDAY24 __4 73 -4 733-4 4 7634-764 4 76%-77 4 69 -69425 .4 73 -4 734 4 76 -7634 4 764-76% 4 694-69426 .4 73 -4 733-4 4 7634-76% 4 76%-77 4 694-69%27 _.4 724-4 73 4 764-764 4 764-77 4 694-69%28 __4 73 -4 7334 4 7634.764 4 76'34-77 4 694-693429 -_4 73 -4 7334 4 761/4-764 4 76134-77 46934-693430. SUNDAY31 -_4 724-4 7234 4 76 -764 4 764-7634 4 69 -6934

47134-71%47134-71%4 714-7144 714-71%4 714-7144 714-714

4 724-7244 73 -734474 -74ff4 75 -76%4 7434-75344 744-75

4 744-74%4 744-7544 754-7544 754-754475 -7544 744-74%

4 744-754 75 -7544 75 -7544 75 -75%475 -7544 75 -754

4 714-7134 475 -753447134-71% 4 7534-7544 714-71% 4 754-7544 714-71% 4 754-753f4 714-714 4 754-75%47134-7134 47534-763-4

4 714-7134 4 75 -754

RATES OF EXCHANGE ON CONTINENTAL CENTERS.

ParisFrancs

Bankers' ICom'lChecks Cables. Sight

1-2_3-5 853.45 84945 874_ 5 85345 844,5 875_ 5 854 5 8434 5 866582 581 5 8347.5 834 5 82345 84318584 '5 8345 854

10_ 5 844 5 83415 85549_

11_5 8445 8345 85412_ 5 84 5 834,5 8513..5 84345 8345 85145 84 5 83 ;5 84415.5 8494 5 8345 84416_17- 5 8534 5 84%15 8638.5 8534 5 844'5 8619.5 854 5 8430 8620.586 5 8545 86421_5 8645854i5 8722.5 864 5 854 5 8723_24_

_ 5 86345 85345 882&5 86345 8545 873-4

285 87:5 5771 5 6 85 856314 882 8%29.5 87345 864;5 8834

31_S 88415 874 5 89%30_

5 87345 86415 88

ItalianLire

Berlin SwissMarks Francs

AmsterdamGuilders

Bankers' Bankers'Sight Cables Sight 1Cables

Bankers'Sight i Cables

Cont'lSight

HOLT DAYSUNDAY

75% 75% 526 5243-4 43% 4354 43475 75% 525 524 44 44% 43%74% 744 521 520 444-4444-4 44473ff 734 515 514 45 454 44473 73ff 5 11-12 5 10-13 44% 45 445474 74% 5 124 5 114 44% 45- 444 ISUNDAY

744-4 744-4 ; 5 15 5 14 44% 454454

75% 7534 :514 513 4494 44% 4434-'4753-4 75 11-16 5 14 5 13 444 45 444-4

• 76 7634 1 5 164 5 15% 44% 45 444-477 774 ' 517 5 16 4434-314434-34 43%

70444 7634-34 5 17 5 16 444-4443-4-3/4 43%SUNDAY

755-4 7554 5 17 5 16 44 444 43%744 74% :516 5 15 444 444 444743-4 745% 5 1534 5 144 44ff 444-4 44744 74% 5 14 5 13 444 444 434-4474% 7434 516 ' 5 15 43% 44 43317434 74% 5 16 5 15 44 444 4354SUNDAY

744 7434 5 164 5 154 43% 44 43,4744 744 5 164 5 15% 434 43% 434744 743/4 5 17 5 16 43% 434 434744 743-4 5 1734 5 16% 43% 434 43

743-4 744 5 18 5 17 4234 424 42%74 741-16 518 5 17 42,1 4234 42%SUN DAY 1 e.or I

73% 1 73 15-16 5 18 5 17 4234 , 42% 42%

GreekDra'mas

Denm'k Sweden' NorwayKronen Kronenl Kronen

Bankers'Sight Cables

Bankers'Checks

1_2_3_ 6 614_ 6 615_ 6 596_ 6 587- 6 598- 6 609_

6 606 606 586 576 586 59

10.666 66611669 66812.1670 66913676 67514.676 67515- 6 78 6 7716_17.677 676%18.676 67519668 66721L687 6662L662 66122_ 6 53 65223_24_ 6 67 66825.666 66526_ 6 67346 663-427.666 66528.673 67229.6 72346 713430_3L6 773-46763-4

5 1545 1545 15345 15345 15345 154

5 15345 1545 1545 15345 1545 1534

5 1545 153.45 1545 1545 1545 154

5 15345 153.45 1545 1545 15%5 15%

5 154

Bankers' Bankers' Bankers'Checks Checksl Sight

HOLISUN

DAYDAY

27 40 2770 27 7027 40 2770 27 7027 40 2770 27 7027 40 2770 27 7027 80 28 10 28 1027 80 28 10 28 10

SUN DAY27 50 2780 27 8027 60 2790 27 9027 40 2770 27 7027 45 2775 27 7527 40 27 70 27 7027 40 2770 27 70

SUN DAY27 45 2775 27 7527 40 2770 27 7027 30 2760 27 6027 40 2770 27 7027 40 2770 27 7027 30 2760 27 60

SUN DAY27 40 2770 27 7027 30 2760 27 6027 25 2755 27 5527 05 2735 27 3527 15 2745 27 4527 15 2745 27 45

SUN DAY27 20 2750 27 50

ViennaKronen

RussianRubies

SpanishPesetas

Bankers'Sight

Bankers'Sight

Bankers'Checks

1290 2934-4 18 851300 294-4 18 851260 294-4 18 851225 29 4-4 18851230 294-4 19 151260 294-4 19 10

0011260 2934 19 101270 294 19051285 294 200012 75 29% 19051285 294 19 101285 294 19 10

1295 2934 19 101295 2914 19 101260 20% 19 1012 65 29% 190512 70 294 19051265 294 19 10

1260 294 19 1012 55 29% 19 1012 55 30 19001255 29% 19001255 29% 190012 55 29% 1900

12 45 29 % - % 1900

*And three days' sight.

The stock market was out of accord with the im-provement in general conditions as outlined above.It was almost continuously weak throughout themonth. The market opened Jan. 3 (Jan. 1 havingbeen New Year's Day and a holiday, and Jan. 2 beingSunday) under the influence of the news of the sinkingof the British steamship Persia with a United StatesConsul on board. This, however, though it induceda feeling of caution, had no actual disquieting effect,in view of the prompt action of both the German andthe Austro-Hungarian representatives in announcingto our Government that should it turn out that oneof the submarines from these countries had beenguilty of the act, reparation and punishment wouldfollow. The statement issued by Chairman Gary

of the Steel Corporation on Jan. 6 cautioning againstexpansion and overconfidence was calculated torepress speculative enthusiasm, but hardly more thanthat. Liquidation on foreign account in connectionwith the carrying out of the British scheme for themobilization of British-owned American securitiesand their resale in this country was alluded to in manyquarters as the cause and source of the weaknessand yet the mobilization plan dealt mainly with bondissues (the bond market, nevertheless, remainingfirm) and embraced merely a few issues of stock and

these were not announced until January 20, whilethe downward course of values extended to the wholerange of stocks and was in progress the entire month.No doubt selling of American securities on foreignaccount independent of that growing out of the mobil-ization scheme was heavy throughout the month, butsuch selling had also been heavy during the whole of1915, and yet prices had advanced by leaps andbounds in face of such selling. The liquidation whichwas now most potent in depressing prices, therelis

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FEB., 1916.1 TRUST COMPANY RETURNS 19reason to believe, was of a different kind and ad-ditional to that on foreign account. It was liquida-tion on account of holders who were disappointed innot finding any tangible development that seemedto justify the prodigious advances that had occurredin the war stocks during 1915. It may be taken forgranted that there was also more or less selling forshort account by those who thought that the favor-able developments as regards trade prosperity andrailroad traffic had been fully discounted in theprevious large rise. The war stocks were particularlyweak most of the time, but the railroad shares alsofinally gave way. An adverse influence in connec-tion with the railroad list the latter part of the monthwas the news that 400,000 engineers, firemen, con-ductors and trainmen were engaged in a country-wide movement for a reduction in hours of serviceand an increase in wages. The last few days of themonth President Wilson's speeches on national pre-paredness in which he kept reiterating that whilehe had thus far succeeded in keeping the country outof war he could offer no assurance that to-morrowwould be as bright as to-day, had the effect of pro-ducing a distinctly nervous feeling. On Jan. 28

the unexpected announcement that the Presidenthad sent to the Senate the nomination of Louis D.Brandeis (a radical agitator of a peculiarly objection-able type) to fill the vacancy on the bench of theU. S. Supreme Court, served still further to unsettleconfidence. The result was that on Jan. 31 pricesdropped to the lowest figures of the month, thoughsomewhat of a recovery ensued before the close ofthe day. No class of stocks was exempt from thegeneral decline. Even the copper shares sustainedimportant losses, notwithstanding that the price ofthe metal reached 25@26 cents a lb. The semi-annual dividend on Milw. & St. P. corn. was raisedfrom 2 to 21A%, as already noted, and BethlehemSteel com. entered the dividend ranks through thedeclaration of a dividend of 30%, payable in quarter-ly installments, but these stocks declined with therest.

VOLUME OF BUSINESS ON THE STOCK EXCHANGE._if oath of January- 1916. 1915. 1914. 1913.Stock sales-No. of shares 5,956,944 5,076,210 10,038,895 8,744,973Par value $1,427,403,335 $435,534,900 $331,625,495 $309,787,850Bond sales (par value)-RR. & misc. bonds $100,348,000 $54,795,500 330,960,500 $52,526,500Government bonds 41,000 72,500 55,003 121,500State bonds 17,635,503 2,242,500 8,458,500 2,255,500Total bond sales_ _ $118.024.500 $57,110.500 $39,474,000 $54,903,500

CONDITION OF THE TRUST COMPANIES OF NEW YORK STATE.We present below comparative statements showing the condition of the trust companies of New YorkState at the date of the last call and of various previous calls since August 1907. We give separately thetotals for the Greater New York and those for the whole State. We also add tables to indicate the changesin deposits for all the separate companies in the different boroughs of this city.

AGGREGATE DEPOSITS OF THE SEPARATE TRUST COMPANIES.BOROUGH OF

MANHATTAN-Aug. 22 1907. Dec. 311907. Jan. 11910. Jan. 21911.

Astor 8,965.745 8.103.748 13.895.039 14.774,859Bankers f 23,861,606 20,240,194 46,602.542 62.013,877Mercantile f 35,119.131 23,277.232 56.109.550 48,382.224Manhattanf 10,975.957 9,327.741 26.904.430 19,051,288Broadway b 3,932.749 2.340.822 4.281.437 4,607,336Flatbush b 3,104,410 2.541.372 4.017.215 3.875.130Savoy b 1.569,287 909.024 1,836.544 1.7C2,388Carnegie e 7.923.242 6.528,511 12,665.754 8,355,940Central 42.137.580 33.961.798 91.394.728 67.843.148Columbia d 6.774.339 4.700.103 12.145,661 13,800.562Knickerbocker d _ 62.114,992 35.267.275 32,467.648Commercial 3.876,981 2,948.586 5,308.155 4.473.784kCommouw'h(defunct). 516 476 476 564Empire h 8,898.940 6,304.846 16.857.406 20.040.241Guardian h 4.185.255 3,315,280 4.677.865 3.638,994Windsor h 11,162,536 7,773,031 8,866,152 6,844,238Equitable a 17,381,123 9.715,776 1 a49.930.289 a35.044.790Bowling Green a •16,233.629 11.209.036Madison a 8.101.350 5.623.758 7.453.215 a6,540.091Trust Co. of Amer.a_ 64.124.995 20,705.636 29.074.839 26,881,367Farmers' Loan & Trust 81,702.513 58,497,300 115.793.639 116,368.590Fidelity 3,028,403 3.016.254 6.602,632 7.008,343Fulton 7.423,429 6,047.183 7,871.433 7.723,527Guaranty c 41.996,504 28361.527 77,832.184Fifth Avenue c 17,532.796 10,413.911 17.636,478 c124,815.857Morton c 40,510.828 22.166.365 33.863.400Standard c 12,884.258 7.691.641 16.715.732 16,583.839Hudson 2.066.175 1.172.075 3.447,494 3.416.134Lawyers' Title & T in 8,524,049 5,511.071 12,495,502 13,452.914Home m 2,636,974 1.638.373 2.107,011 2.452,328Lincoln 22.400,958 6,483.066 12.492.637 11.141.401Metropolitan 23,747.751 15.764.837 26.817.064 24,971.982Mutual Alliance i 5.763.501 3.651.793 12.716.417 8.493,763New York Life Ins. &T• 33,782.456 24.680.912 37.795.781 35.550.811New York 33 ,517 .360 27,862.835 51 .486 ,440 41.313,028Title Guar. & Trust 28.495.980 21.574.526 26,355.280 24.224,805Transatlantic g Union Trust 48,231,644 44,169.764 61.485.010 53.527,947United States Mtg.& T. 30.982.562 20,096.258 41.002.035 43,415,252United States 59.394,159 47,302.953 69.111.176 58.735.106Washington 9,798.340 7.415.009 10.182.558 10.306,003Total 11 849.123.619 538.664.879 1.064.954 25S 977.572.641

Dec. 21 1911. Dec. 26 1912. Dec. 9 1913. Dec. 24 1914.

18,663,182

11137.493.14821,093.1645.156.6304.157.049971.819

20.822,597

1123.899.728

b 10.975.359

20,667,490 20,780.465

1129.848.542 f142.530.404

b 14,420.4838 16,258,479

87.618.742 98,057,404 83,432.013 103.407.35316.640,920 1 54,631.890 54,089,632 62.248,50537.385.064 f4.344.7381 4,083,721 3.882.550 3.133.900484 458 458 (k)18.183,047 18,432.755

6.474.766 5.795.7562,683,174 2,316.725hi 22.359.030 521.551,900

a40.348.700 a67.668,627, a66,870.535 a75.477.70325.563.427

132.631.254 105,147.230 112,181,300 115,273.3846,910.834 7.780,280 7,641.801 7.892.7938.102,910 7.611.984 8,361.843 7,709,128

1 .1156,022,851 c168,416,452 c149.456,212 c213.261.373

17 .561 .0463,354,49316.184.7482,502.684

11.367,72122,511.6908,502.472

34.128.848,38.044.550!28.9O0.222

52.993,22546,370 .51463.097.3859.415.034

3 .657 ,53813.333.5392 .739.010

11,525,70019.490.4548,464.471

31,989.36534.847.96923,917.4152,554,866

55.899.53444,857.47249 .767 .4719.049.603

3.556.97312.075.4572.695,951

11.601.76117 .994.371

.53232.582 .07037.535.42826,921,7942.617 .687

55.256,52840,459,47054,882,4519.702,6665

Dec. 31 1015.

30,983,695

269.330.479

823,245,621

175,486,64688.054,662

3,649,303(k)

531,577.378

a 136,554.688

159,317,47810,918,0498,494,537

c430,912,328

2.809.856 4,729.31611,235.255 1 18,746,3482,969.122 f11.511,878 15,226,83527,620.240 57.190.2748.944.351 i

37.360,06544,899.00526.908,9523.006.188

60.151,92649,940,54982.896.825

36,859,07478,193.88634,556.2664,844,386

82,333,82679,920,70066,186.577

1,078.720.8121,004.996.3(V 985.843.0771,136.812.908 1,847,357,4051 Prior to March 21 1912 these totals do not include deposits of Flatbush Trust of Brooklyn, which was consolidated with Broadway Trust or N. Y.City Mar. 6 1912. Prior to Mar. 19 1915, totals do not Include deposits of home Trust Company of Brooklyn, consolidated with Lawyers' Title & Trusto IN. Y. P. Feb. 1915. Not reporting on account of suspension, and not included In total. a Bowling Green consolidated with Equitable Mar. 31 1909.COn Jan. 9 1911 Madison was taken over by Equitable; Trust o. of America was consolidated with Equitable Feb. 26 1912. b Title of Savoy Trustschanged from Italian-American Trust Nov. 1909. and on Jan. 22 1912 Savoy was consolidated with Broadway, which also absorbed Flatbush Trust ofBrooklyn March 6 1912. c Fifth Avenue and Morton were consolidated with Guaranty Jan. 27 1910; Standard consolidated with Guaranty Oct. 17 1912.e Banking Department closed Carnegie Trust and assumed charge Jan. 7 1911. d Columbia and Knickerbocker consolidated June 5 1912. f Mercantileconsolidated with Bankers Aug. 10 1911. Manhattan was also merged with Bankers March 25 1912. y Transatlantic began business May 22 1912.Windsor and Guardian absorbed by Empire In March 1913 I Mutual Alliance took over assets of Reserve National Bank Feb. 1914. The MutualAlliance Itself was taken over in Jan. 1915 by the Chatharn-Phenix National and branch office busine,s absorbed by Century Bank. 5 Washingtonabsorbed by Corn Exchange Jan. 1914. k Dissolution ordered June 23 1914. rn Home of Brooklyn consolidated with Lawyers' Title & Trust Feb. 1915:when the word "Insurance" was eliminated from latter's title,

BOROUGH OPBROOKLYN-Aug. 22 1907. Dec. 31 1907. Jan. 11910. Jan. 2 1911.

-

Dec. 21 1911.Dec. 26 1912. Dec. 9 1913. ,Dec. 24 1914 Dec. 31 1915$ $ $ $ $tirooklyit e 15,363.635 11.628.311 16,545,897 18.071,271 19,662,0411 16,767,50 1 e23.456,096 e30,010,662 68,632,683Long Island L. & T.e .7,055,368 6.489,355 9.008,883 8.841.610 8.195.0261 7,400,731 IFranklin 10,929,960 7,579.036 11,832,235 12.103,762 11,261.078! 9.274,468 9.290.277 14.352.607 22,094,872Hamilton 6,734,731 5.490.952 6.732.835 7.321.308 6,670.5131 6.643.931 7,137,485 7,397,550 8,537,742Kings County

Lafayette x 12,346,3224,344,881

10,120.685 15.065.023 15.256,377 16,142,302 *

15,309.880 15,936,860 * *

17.951.669 21,706,051Manufact'rs-Citizens_h 1.592,398 1.035.792 1.538,642 1,439.877 1.805.3191. 6,325,673 5,896.416 511.531.161 h11,958,790Nassau 8,290.228 5,329,614 6.374.010 5.660.371 5,586.813, 6,035,829' 5,831,878f ____ ______ f____People's 14,946,702 13.651.462 17,820,688 19.229.883 18.846.3401 19,110.710 19.037.583 19.038.736 22,186.818Williamsburg a 8,206,663 1,750,798 al69,857 a la a a a Total 95,552,272 65.504.952 92.793,237 94.421.774 94.829.165 89.607.732 89.282.546 102.251,50: 125,116.95680110. OP QUEENS-Queens County 1,934,491 1.482.818 1.571.945 1.742,066 1.668.825 1.874.877 1.919.001 2.016,78 2,272.6641 Prior to March 21 1912 totals include deposits or Flatbush Trust of Brooklyn. which was absorbed by Broadway Trust of N. Y. City March1012. and now appears above under the Borough of Manhattan. Prior to Mar. 19 1915 totals include Home Trust of Brooklyn, consolidated with Law'were' Title & Trust of N. Y. 0. Feb. 1915. * Not reporting on account of suspension. x Formerly Jenkins Trust. a Williamsburg Trust voted todissolve its business in Jan. 1911. d Absorbed the Broadway Bank of Brooklyn July 1912. e Long Island Loan & Trust consolidated with BrooklynIll-utt March 1913. Nassau Trust merged in Mechanics' Bank July 1914. is Citizens' took over business of Manufacturers' National Dec. 1914.

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20 TRUST COMPANY RETURNS. [Vora. 102.

TRUST COMPANIES IN THE GREATER NEW YORK.

LIABILITIES.

Capital Surplus and profits, market value.. Surplusand profits, book value Unpaid divs., res'ves for tax . int., &cPref. Deposits—Due State say banksDue State say. & loan associationsTrust deposits not payable within30 days

Due as exec., admin., guardian, re-ceiver, trustee, committee, &c_

Deposits by the State of N Y Deposits by the Supt. of Banks o

State of New York Other deposits preferred because opledge of part of trust co. assets

Deposits preferred because securedby unmatured bonds of the State

Deposits otherwise preferred Due depositors (not preferred) Certs. of dep. on time & dem (not pf.)

Time deposits not payable within 3days, represented by ctfs. (not pf.)

Due trust companies Due banks and bankers

Total of all deposits

Bills payable or borrowed moneyPreferred liability as executor. &c____Acceptances of drafts payable at

future date or authorized by com-mercial letters of credit

Other liabilities

Grand total

RESOURCES.Bonds and mortgages Mortgages owned Loans secured by bond and mortgage,

deed or other real estate collateral..Stock and bond investments

Public securities Private securities

Loaned on collaterals Loans, not secured by collateral Bills purchased, not sec. by collateralOther loans and bills purchased Overdrafts

Real estate Due from appr. res. depos., less offsetsDue from trust cos., banks and bank-

ers. not included in preceding itemsSpecie U. S. legal-tenders and bank notes Federal Reserve notes Bills and checks for the next day's

exchange and other cash items Customers' liability on acceptancesInvestments held as executor. &c Other assets

Grand total

Aug. 22 1907.Dec. 31 1907.Jan. 1 1910.1Jan. 2 1911. Dec. 21 1911. Dec. 9 1913.Mr ,11

Dec. 24 1914.Dec. 311915.

$60.636.600

19821

296,135

38,079.532

!886.500

11

1 996,6161 688,604.95311 100.352.199

41,527.25040.738.939

$58,251.560144.600.599

26J577-47,556200,155

40,296.845

2,609.430

2.388,755444,817,66348,054,808

22,234,36018.976.184

$ 163,675.0001168,597.7141

!if,b83.778,1

468.567'

36.871.3551

29.009.253!

1

4.934.470,

3.880,44917,345.0741

774.061,98978.596.293

105.681,485;1 80.786.598'J

$64,156,000173.357.077

2.897.53440.624.293

623.640

24.336.543

34.580.803

1.805.166

5,435.2592,811.605

874.289,233

80.873.915

$62,206.000177,253.055

1.584,21040,096.524

352.767

32.111.087

42.109.846

6.084.579

7,833,795909,727

955.583.186

90.137,194

1,175.218.705

$ ____

68,650,000163.960,730

1.816.82347.063.186

397.685

21,744,840

34.541,036

3.894.553

15.218.7291.790.119

875.781.3321,032.287.860

76.613.069

$67,300,000151,279.294

51.262,328208.195

46,855,9454,247,182

1.543.258

5.776.570

1 1.065.0931

97.834,699

$65,550,000163,828,069

63,890,441246,195

123,255,5282.633,000

1,085,848

5.243.354

6,069,645

1,548.732,006

223,590,839

946.608,382 605,652.530 1.159.319.311,1.065,380,457 1.077.044,5491.241.081,130 1,974,746,856

2.578,790

27,241,967

751.265

59,789,589

980,140 1.372.360,

49,800,511, 34.609.985

57.916

50,789.246

1.467,109.1321.365.560.157

50,000

54.038.055

165,000

23.344.685.34,063.976

48,940,09324.769,804

1,205.048.180 869.045,543 1.442,372,67611,341,773.413 1,517,234,0852,277,834.822

75,682.997

269.699.998

582.826.452

81.-7770.A61165,652

14.950,84183.582,056

23.698.30249.179.0205.095.751

604,977

2,678.79010,212,483

68,532.010

43.471,463166,358,136365.723,291

9.772,98241.991.223,

121.954 I

13,296,286,78.992,2191

12.523.082135,844.81815.327.384

1.027.537

751,26525,311.893

68,871,110 ,

11

60,048.703i245.695.838'660.489,153

5.203.72882,131,718

95.73822,633,28289,495.686

44,720.953121.362,5961§.666.256

1.455,318, 1

26.502,058

70.434.543

57,395,095252.467.751509.483.082

7.940.524102.533.889

151.06726,339.23287.303.726

50.483.718113,069.47112.103,225

1.491,362

50,576.782

74,280.647

74.340,153289.489.267520.124.26011.314,003

119.457.843

184.61831,041.386102,107.2601

49.740.731118.460,58011.917.388

19.173.682

45.477,234

1.467.100.1:12

69.742.802

10.312.133

71.620,332252.139,416463,871.728

11 154,656.620

142.71836.869.622

123.850.942

105.126.6769.940.221

14,813.970

52.472.977

1.385.560.1n7

68.996,582

9.102,990

83.449,636274,134,871519.069.692

172.217.419

126.33837.844.152

168.698.950

87,069,71712.030.801

5.487,17123.344.685

45.661.081

1 h17 9/A AQh

63,083,257

8,636,892

136,295,153323,233,323825,852,355

216,266,211

205,43838,152,711

352,335,286

133,757,8399,348,7381,020,155

64,753,89648,986,285

55,907,283

1 _9nA 04A 1Rn RU1_1145.54:4 1_442.:172.1171111.:141.773.41:19 9.77 621A Q.1,11

Note.—Schedules have been changed several times since the date first named in the above comparison. We show for each date the exact design -

Lion employed, leaving blank spaces against the old Items which no longer appear In the schedules. •Including 5917.957 of rediscount..

TRUST COMPANIES FOR WHOLE STATE OF NEW YORK.

Aug. 22 1907. Dec. 311907. Jan. 11910. Jan. 2 1911. Dec. 21 1911. Dec. 9 1913.

$

Dec. 24 1914.Dec. 311915.

Capital 68,661,600 66.276,560 71,400.000 73,431,000 71.481,000 78,650,000 80,400,000 79,600,000

Surplus and profits, market value__ 151,339.110 178,979,744' 184.025.130 188,676.616 174,941,802 162.552,043 176,744,861

Surplus and profits, book value 176,944,735finpd. divs., res. for taxes, int. &c

3,164,976 1,657,514 1.942,583

Pref. deposits—Due State say. banks 37.467,239 28,340,454 40.759.951 43,827,892 43.632,147 50.987,337 56.105,624 70,422,938

Due State say. & loan associations. 414.423 306.316 600.479 758.969 530.800 553,473 379,660 437,852

Trust deposits not payable within30 days 38,059.940 25.598.439 33.376.931 22,822.960

Due as exec't, admin., guard., re-ceiver, trustee, committee, &c 41.773,538 43.641,702 30,913.481 36.844,508 43.750,219 36.888.452 50,337,961 127,855,i27

Deposits by the State of N. Y 9.197,280 7,849,731

Deposits by the Supt. of Banks ofState of New York

1.997.139 1,474,284

Other deposits pref'd because ofpledge of part of trust co. assets_ 1.276.500 2.879.716 5,187.066 2,422,372 7.331,136 5.130.251 7,671.015 7,127,189

Deposits pref'd because secured byunmatured bonds of the State_

5.122.449 6,963,259 9,666,599 17.630.710

Deposits otherwise preferred 1.098,788 2,770,685 7.356,349 2.832.612 1.195,183 2.242.240 1.106.852 6,269,379

Deposits subject to check (not pref.)_ 812,011.853 555,397.056 899,090,713

Ctfs. of dep., time&dem'd (nor pref.) 107.934.388 55.272.810 84.478.182 1.014.744,488 1.109,667.546 1.047.240.308 1.209.181,342 1,751,588.393

Time deposits not payable within 30days, represented by ctfs. (not pf.)

106,493,173

Due trust companies 43,610.680 23,002,116 84M38.005 84,389.877 93.119,468 79.595.833 101.054,111 227.551,618

Due banks and bankers 42,077.022 20,667.605

Total of all deposits 1.087,664,431 732.278,460 1.302,099,738 1.218.382.416 1,342.270,020 1,263,091.564 1.437,030,984 2,200,577,111

Bills payable or borrowed money.. 1.100.140 1.382,360 70,916 50.000 885.316 369,000

Pref. liability as executor, &c 2.987.034 904.843Re-discounts

1.022.957 36,972

Acceptances of drafts payable at afuture date or authorizd by com-mercial letters of credit

23,542,185 49,881,027

Other liabilities 27.708.303 61,948,915 50,624.063 35.067.726 52.179.544 55.980,217 35.164,912 25,683,772

Add for cents 40 42 42 42 42 41 40 43

Grand total 1.363.966.143 1.012.747,930 1.604,203,727 1,515.453,650 1.656.335.661 1.574,656,207 1,740.598,437 2,532,892.786

RESOURCES.Bonds and mortgages 87962.350 80.759,054 83.660,067 87.341,640 93,997,526

Mortgages owned 93.032.052 94.302.392 90,227,621

Loans secured by bond and mortgagedeed or other real estate collateral

14.443.270 13.860.654 14,111,208

Stock and bond investments 326.497.210Public securities 50,966,201 69,268,783 67.309,082 84.649,720 82,661 .760 96,258,534 152.415,058

Private securities 208.860.012 296,958,325 303.382.679 349,426,882 313.875,811 340,511,568 399,358,674

Loaned on collaterals 627.514.698 405.844.757 696.601.870 547.767,677 558.917,170 506,365.342 562,879.332 873,687,227

Loans not secured by collateral 15,032,322 8.160,799 11,671,358 15,286,071

Bills purchased, not sec. by other coll. 54,051.230 102.402,940 125.914.655 145.525.075 188.956.827 208.217.787 254,895,957

Other loans. Including bills purchased 108.122.742Overdrafts 204,270 137,844 108.040 159,415 197,176 157,509 142,360 240,574

Real estate 17.706,522 16.066.494 25.518,600 29,361.282 34.319.128 40.932.080 42,245,370 42,876,395

Due from approved reserve deposi-tories, less offsets 95.144.026 89.175.391 99,766,067 100,382.483 116.092,212

Due from trust co's. banks & bankers140.205.606 187.730.417 377,764,170

not included In preceding item 27.117.410 15.120,176 48,863,157 54.503,832 52,217,385

Specie 52.413,706 39,324,130 124,161,053 115,989,335 121,785,647 108,587,054 90.874,350 137,583,660

U. S. legal tenders and bank notes 6.893,690 8.506.218 18.167.454 16,990,981 17.036.783 15.697.213 16.123.335 13,917,573

Federal reserve notes 1,261,416

Bills and checks for next day's ex-changes and other cash items 909,983 2.013,398 3,052.804 2,951,007 19.854.114 15.441,540 16.116.106 66,823,938

Investments as executor, &c 2.987.034 904,843

Oustomers' liability on acceptances23,542,185 50,007,219

Other assets. 10.492.462 25.985.818 27,513.726 51,728.182 47.030.730 54.300.102 47,799,007 57,722,053

Add for cents 40 42 42 42 42 41 40 43

Grand total 1,363,966.143 1.012,747,930 1,604,203.727 1,515.453.650 1.656.335,6611.574.656,207 1,740,598.437 2,532,892,786

Nnte.—Schedules have been changed several times since the date first named in the above comparison. We show for each date the exactdeslina-

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

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

21

NEW YORK STOCK EXCHANGEMONTHLY AND YEARLY RECORD

The following tables furnish a complete record of the New York Stock Exchange transactions for the past month andthe year 1915. 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. The black-faced letters in the column headed "Interest Period" indicate in each case the month when the bonds mature

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

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

BONDS-PRICES AND SALES FOR JANUARY 1916 AND RANGE FOR THE YEAR 1915.

BONDSN Y STOCK EXCHANGE

Per-iod.

Sales in !January1916.

Sales inDecember '1915.

PRICES IN JANUARY. I1 RANGE FOR YEAR 1915.Jan. 3. j Jan. 31. f Lowest. 1 Highest. 'I Lowest. I Highest.

IU S Gov & City SecuritiesU S 2s cons reg April 1930U S 2s cons coup April 1930IT S 3s reg 10-20s____Aug 1918U S 3s coup 10-20s___Aug 1918U S 4s registered 1925U S 4s coupon 1925Pan Can 10-30-yr 2s_Aug 1936Panama Canal 3s 1961New York City-4)1s 19604)1s Corporate stock 19640.4s Corporate stock 1965434s Corporate stock 19634% Corporate stock 19594% Corporate stock 19584% Corporate stock___ _195744 Corporate stock 1956/New 43s 1957New 4 s 19174).? Corporate stock.. 19574 0 assessment bonds_19173 Corporate stock._ 1954

New 1 ork State-4s 1961Highway Impt 4%s 1963Highway Impt 4 )4,s__ 1965Canal Improvement 45 1961Canal Improvement 4s 1962Canal Improvement 45 1960Canal improvel 43%s_ 1964Canal Improve% 4 %s 1965Canal Improvel 43%s. _ _1945Foreign (lov't Securities

Anglo-French 5-year 5s Argentine-Internal 5s of 1909Imperial Chinese Govt-Hukuang Ry sterling 55_1951

Rep of Cuba 5s ext debt_ _19045s eat debt ser A of 1914 194943%s external loan 1949

Imp Japanese Gov-.3 4%s 19252d series 43%s. 1925do German stamp ________

Sterling loan 4s 1931U S of Mexico external gold

loan of 1899 sinking fund 5s4s gold debt of 1904___ _1954

Prov of Alberta deben 4%s 1924Tokyo City loan of 1912 5s____

Railroad BondsA labama Cent. See South Ryrilabama Mid. See Atl CoastLAlbany & Susq. See Del & HudAllegh & West. See Buff R & PAm Dock & Imp. See CentofN JAnn Arbor 1st g 4s July 1995Atch Top & S F-Gen g 4s..1995Registered 1995Adjustment g 4s__ _July 1995Registered July 1995Stamped July 1995

50-year cony gold 45_ _1955Cony 4s issue of 1909__ _1955Cony 4s issue of 1910___196010-year gold 53 1917JEast Okla Div 1st g 4s...1928Rocky Mt div 1st 4s A. _1965'jShort Line 1st 48 gold 1958;JCal-Ariz 1st & ref 4%s 1962,M-S Fe Pres & Phe 1st g 58_1942

Allan Knoxv & No. See L & NAll Coast L 1st g 4s_ _July 1952General unified 43%s 1964Ala Mid 1st guar g 5s__ _1928Bruns & W 1st gu g 4s...1938Charls & Say 1st g 7s_ 1936L& N collat gold 4s_Oct 1952Say Fla & W 1st g 6s 1934

1st gold 5s 1934Silv Spgs 0 & G gu g 43.1918J

Atlan & Daisy. See South'n IlyAustin & N W. See So Pacificrtalt & 0-Pr lien g 3%s_192551-.• Registered Gold 45 July 1948

Registered 20-year convert 43%s_ _ _1933Pittsb June 1st g 6s____1922Pitts Jet & M D 1st g 33%s '25PLE&WVaSys ref g 4s_ _1941S W Div 1st gold 33%s_ _1925CO Reorg 1st con g 43-is 1930Cloy Lor & W con 1st g 5s '33Mon R 1st guar gold 5s_1919Ohio Riv RR 1st g 5s___1936

General gold hs 1937Pitts Clev & Tol 1st g Os_ 1922Pittsb & West 1st g 4s_ _1917Statile! Ry 1st gu g 43%8_1943

Q - JQ - J Q - F Q - FQ - FQ - FQ - F Q -MM- SM- SJ - DM- SM-NM-NM- NM- NM- NM- N M-NM-N M-NM- SM- SM- SJ - JJ - JJ - JJ - JJ - JJ - J

M- S

J -DM- SF - AP - AF -A.1 - J

_ _

Q - J J -D F - A M- S

Q - JA - 01A - 0NovNovM -NJ -DJ -D J -D-D

M- S-J- JS

M- S

M- SJ - DM- NJ - JJ - J M-NA - 0A - 0 - J

J - JQ -A - 0Q - JM- SJ -M- NM- NJ - JM- S A - 0 F - A J -D A - 0 A - 0 J - J J -D

110,000

1

2,0004,0002,000,

122,000

231,000118,000,491,000,96,000203,000109,000;13,0002,000,

64,000;

39,0001

112,000;12,000,24,000

012,0004,0005,0004,0008,000

15043 00057,000

118,000

105,0003,000

10,00034,00040,000

869,000

107,000

16,000966,00010,00097,00012,000

320,000133,000,

1747,000,218,00040,00088,00062,00055,000

232,00032,0003,0002,000

119,0004,000

331,000

735,0003,000

3,560,000

39,000'288,000,119,000,

1

$1,000,000

2,000

20,000'11101,0001110

3,000,11013% 128,0001;101%510,0001100%835,00011063%96,0001 1105%

265,000,80,000,69,000,

63,000'4,0001,100

65,000:1053%1,000

34,000

21,0001105,000111 110052:

3,000

21,000„1113%5,0001104

22,831,00087,000

266,00098,00011,00051,000'77,000

833,000

1,000

19,000992,000

54,000,

300,000114,000

445,006,107197,000

3,000, 110,000

1 983%

253,000;3,0005,000',7,000, 1129121,000, 11193% 1107%

531,0007,000'

721,000, 1

5,528,000,1

21,000'262,000,,653,0001

2,000

10,000,,Rogi

Bid. Ask.'9931

99 101%

110311093%

11 98

Sale1013%SaleSale

973% 983%98 Sale97% 983%

1 96%, 973%105 10631

1013%1063%

100 10187 88

Sale'% 113

1023%

11310731

I1053% 106

945% Sale93 933%

743%973% Sale943% 963%83 8582 823%783% Sale743% Sale

64

60 7985

77 78

65 6331943% Sale

913% 93863% 873%

87873% Sale107 1073%

1073%'1031013% Sale95 84 87893% Sale

Sale102

93 Sale913% 923%1063% 933%

135873% Sale

99

9331 Sale

9131 Sale88 89973j Sale

91 913%883% Sale92 Sale

101 104 100

98 99 913%

Bid. Ask.'993% 99 101% 101

110 98

1013% 1023% 1023%1023% Sale10734 Sale1073% Sale983% Sale983% 9998% 999731 983%1073% 101 102 1073% 1073%1003-1101 88 88311033% 1043%114%

107% 1023% 1043%

1023%

1143%

106

945% Sale93 94

70 Sale97 Sale943% 953%80 85833% s833% Sale74 Sale

67

40 79 85

s78% Sale

65 Sale943% Sale93% 873% 893%,85 863%;8731 Sale1053% 106 11053%

Sale10131 Sale96 Sale88 Sale905% 983% Sale102

933% Sale92 Sale1063% 107943% 95133 135 873% 873%122 Sale108% 99%

935% Sale9' 9234 Sale90 93 Sale

105 923% 93893% Sale923% Sale

96 104% 10134

105 102

105 99% 913%

Sale Prices., 993% Jan. 191

102% Jan. 171093% Jan. 10

1103% Jan. 14

1013% Jan. 41023%101 Jan. 7101 Jan. 71063% Jan. 31053% Jan. 3973% Jan. 798 Jan. 3983% Jan. 149734 Jan. 141053% Jan. 6

106 Jan. 4

883% Jan. 251023% Jan. 31123% Jan. 8

102 Jan. 1410211 Jan. 14

1023% Jan. 25113 Jan. 4

1063% Jan. 25

943% Jan. 392 Jan. 25

69 Jan. 289631 Jan. 20943% Jan. 1583 Jan. 21823-1 Jan. 77834 Jan. 373 Jan. 20

74 Jan. 14

65 Jan. 494 Jan. 393 Jan. 487 Jan. 7843% Jan. 1087 Jan. 7

Jan. 27

105 Jan. 311073%1013% Jan. 31013%96 Jan. 1786 Jan. 7893% Jan. 398 Jan. 22

923% Jan. 4913% Jan. 111063% Jan. 1095 Jan. 11

863% Jan. 178122 Jan. 8s122

93 Jan. 11

91% Jan. 3893% Jan. 1997% Jan. 3

91 Jan. 488% Jan. 392 Jan. 3

Sale Prices.993% Jan. 19

102% Jan. 17111 Jan. 21,1103% Jan. 41093%Sept

Jan. 2011003%1023% Jan. 2911023% Jan. 31,1073% Jan. 2711013%1073% Jan. 31'98% Jan. 31983% Jan. 19,983% Jan. 1719731 Jan. 14107 Jan. 27,

1073% Jan. 29

883% Jan. 27,1033% Jan. 27!114 Jan. 28'

102 Jan. 14'10234 Jan. 141023% Jan. 25113 Jan. 1010731 Jan. 2111043% '11043%

96 Jan. 8'953% Jan. 21

I70 Jan. 31 9731 Jan. 3953% Jan. 10833% Jan. 11843% Jan. 138833% Jan. 3175 Jan. 4

1

19 Jan. 31

66 Jan. 2595 Jan. 2S93 Jan. 128731 Jan. 17863% Jan. 19 883% Jan. 27,1073% Jan. 6,

Jan. 4Jan. 13

963% Jan. 268834 Jan. 31 903% Jan. 2099 Jan. 3

943-i Jan. 2092 Jan. 141063% Jan. 1095 Jan. 111 '

873% Jan. 31Jan. 8

9331 Jan. 19

923% Jan. 49134 Jan. 4983% Jan. 18

9131 Jan. 1490 Jan. 10923% Jan. 201

'

1 1023%

I Sale Prices96% Juno 30

1 9731 Oct. 7 1 98 Sept 18

100% May 13109 Aug. 25

13 I 97 July 12,

Jan. 597% July 139731 Aug. 27

Aug 241015% Aug. 2494 June 30'943% July 22194 July 28.94 Aug. 1711013% July 20,1063%

1 100 June 2910158 July 12,1063%

11003% Jan. 6,1013%84 Feb. 24.993% Mar. 12,1023%108 May 10

1 1043% Apr11121106993% Mar. 15.1023%100 Jan. 22:1013%995% Mar. 15:1013%1083% Jan. 11113

Mar. 23April 23

933% Dec. 301

80 May 12j

933% Jan. 890 July 2880 Oct. 19737% May 25723% July 3170 Aug. 13

9514 Jan. 16763% Dec. 31

55 June 21893% Sept. 789 July 28.8034 Sept. 7,

80 Sept. 10923% Jan. 2

923% Jan. 21003% May 24,10292 Jan. 6

843% May 2193 Sept. 22

103 Feb. 31033%

85 Sept. 2'91% Dec. 23105 Nov. 1289 Sept. 101297% Aug. 980 Aug. 28113 Oct. 19

105 July 6 973% Mar. 11

8831 Aug. 27 883% Jan. 16

85 July 1083 Oct. 19823% Feb. 26

843% Aug. 237734 Sept. 23

7 86 Sept.

1 1033% Mar. 10

Oct. 19 983% Oct. 13

0 99 Dec. 311

1 Sale Prices993% Nov. 2299 Feb. 9101% Nov. 24102 Jan. 181103% Feb. 201113% April 21.osq Oct. 7102 Jan. 29102 Dec. 6102 Dec. 3107 Dec. 101063% Dec. 1099 Dec. 3983% Dec. 1193% Dec. 296% 'Slay 14

Dec. 171013% Dec. 16

Dec. 6Oct. 6

89 June 18Dec. 22

1123% Dec. 18Dec. 2Dec. 20Sept. 22Nov. 12Dec. 24

1053% Oct. 610431 April 2S

983% Oct. IS993% Jan. 7

98 Nov. 29963% Nov. 21863% Nov. 19843% Jan. 2082 Feb. 12793% Jan. 22

953% Jan. 1682 Jan. 15

663% Jan. 2695% Jan. 2093% Nov. 26883% Dec.

ssq Nov. 29110 Nov. 4

1103% Nov. 4Oct. 15

96 Nov. Si

89 Jan. 2296 Mar. 21

Aug. 50

94 Nov. 2092 Dec. 29106 Dec. 36396 Dec. 151297% Aug.89 Nov. IS1193% June IS105 July 693 June IT

9354 Nov. 19923% Dec. 31923% Nov. 1390 April 299734 Dec. 19

909' Dec. 24893- Nov. 229234 Dec. 11.

1043% April 24

1023% Oct. 199831 Nov.

99 Dec. It

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

'22 BONDS-STOCK EXCHANGE RECORD. [VOL. 102

BONDSF4 V STOCK EXCHANGE

Int. Sales in Sales in j PRICES IN JANUARY. 1 RANGE FOR YEAR 1915.

Per- January December iod. 1916. 1915. 1 Jan. 3. 1 Jan. 31. 1 Lowest. Highest.

Beech Creek. SeeNYCdrH R, $ i $ Bid. Ask.IBid. Ask. Sale Prices. Sale Prices. 1 Sale Prices. Sale Prices.

Bellev dr Carond. See Ill Cent'Bolivia Ry 1st 6s 1927 J - J

1

Bruns & West. See Atl Coast LBuffalo N Y & Erie. See Erie 1Buff R & P, gen, g, 5s____1937 M- S 17,000 , 1073% 109 10734 Jan. 7 10934 Jan. 21 10234 Feb. 13 10634 May 14

Consol 4 2

Ms 1957 M-N 1,000 ' 101M 10234 10234 103 1102 Jan. 17 102 Jan. 171 99 Nov. 4 103 Jan. 22

Allegh & West,lst g, gu 48'98 A - 0 4 9 2 90 Nov. 5 94% Feb. 19 I

Cl & Mah 1st gu g, 5s___1943 J - J 10634 10334 I Roch dt Pittsb 1st g, 613_1921 F - A 10634 Sept. 3 10754 Dec. 16

4,000 I1o9Tg 107% 108%1 1,000 ,10734

Bur1C II. & No. SeeCRIdE PacConsol, 1st g, 60 1922 J - D 2,00011 110% 1109% Jan. 10 110% Jan. 18, 107 Sept. 21,109% Dec. 18

Can Sou con gu A 5s 1962 A -025,000 52,000 10334 Sale 10434 10434110394 Jan. 3 1045/i Jan. 221100 Aug. 281105% Nov. 19

Registered 1962 A - 0 Carb dr Shawn. See Ill CentralCarolina Cent. See Scab Air LCarollnaClinch&Ohio lst 5s 1938 J -D 8,000 95 93 943% 94 June 25 973% Nov. 18

Carthage & Ad. See N Y C dr HCedRIaFit N.SeeBCR&NCentral Branch. See Mo PacificCentral Ohio. See Bait & OhioCent of Ga-lst g, 5s_Nov 1945 F - A 1,000 7,000 10734 10696 10794 Jan. 7 10736 Jan. 7 10354 Feb. 3,10754 Aug. 17

Consol, gold, 5s 1945 M- N 53,000 57,000 10034 1013% 1013% 10134 1003% Jan. 6 10134 Jan. 20 96 Sept. 22 10234 Jan. 14

Registered 1945,M- N Chat Div pur money, g, 48 '511J - D1,000 83 84 83% 85 8334 Jan. 27 8334 Jan. 27, 83 Nov. 27, 86 Feb. 8

Mac & Nor Div, 1st, g, tis '46J - J 10194 102 1101 Oct. 13 1043% May 4

Mid Ga & Atl Div 5s___1947 J - J 10034 10034 11003% Mar. 2 1003% Mar. 2

Mobile Div, 1st, g, 5s_ _1946 J - J 1,000, 10134 102 105 1023% Jan. 271023% Jan. 2711033% May 5,1033% May 5

Cen RR&B of Ga-Col g 5s, '37 M-N 23,000, 9,000 90 9594 9534 9734 95 Jan. 14 97 Jan. 198634 Sept. 15, 973,1 Nov. 24

Central of N J-Gen g, 58_1987 J - J 180,000, 291,000 ,116% Sale 118 Sale 116 Jan. 3 118%, Jan. 28 1113% Sept. 9 118 Dec. 31

Registered July19871Q - J 11,000 3,0001114% 11534 1153% 1153% Jan. 6 117 Jan. 29,11034 Sept. 22 115 May 6

Am DockdrImp Co gu 58,19211.1 - J 2,000 1,00011033% Sale 10334 104 1033% Jan. 31033% Jan. 31023% Jan. 13 104 Feb. 8

Leh & H R gen gu, g, 58_19201J - J 1 ,1003% 102 I

N Y dr L Br, gen, g, 48_1941 M- S II 99 100 9834 100 1

Central Pacific. See So Pac Co, 1 1

Cent Ver 1st, gu, g, 4s, May1920,Q - F 11,000, 21,000, 80 83 80 83 81 Jan. 27 83 Jan. 10 68 Feb. 18 83 Dec. 21

Chem & 0-Fund & imp 5s_1928'J - J 10,000' 1,000 99 96 98 96 Jan. 26 98 Jan. 6' 83 June 24 9934 Nov. 23

1st cons, gold, 5s 19391M -N 45,000: 106 10634 Sale 10534 Jan. 1110034 Jan. 31' 10134 Sept. 1410634 Nov. 24

Registered 1939,61-N 63,000 1,000, 105 103 1101 Sept. 10 105 Dec. 22

General, gold, 434s 1992 M- S 170,0001 201,0001 9134 Sale 92 93 91 Jan. 3 93% Jan. 28 82 July 15 95% Nov. 24

Registered 1992 M- S 2,000; 90M 91M 91 Jan. 24 91 Jan. 24 84 Oct. 21 903% Nov. 20

Convertible 434s 1930 F - A 1,210,000, 553,000 8634 Sale 88 Sale 863% Jan. 3 89 Jan. 19' 70 Feb. 27 90 Nov. 23

Big Sandy, 1st, 48 1944 -D ,J 6,000 8234 85 82% 8334 1 80 Oct. 8 8334 Jan. 21 1Coal Illy Ry 1st, gu, 4s1945 :J -D ,, 3,000 83 80 81 Oct. 19 s83 Nov. 5

Craig Valley, 1st, g, 5s__19401 - J I 5,000 97 100 963% 98 1 95 Nov. 10 89834 Dec. 11

Potts Creek Br 1st 4s___19461J - J 1 1 1

R dr A Div, 1st con g, 48_1989 J - J 25,000 5,000 84 86 8534 Sale 8434 Jan. 4 8534 Jan. 31 803% Sept. 10 843% Dec. 17

2d con gold, 4s 19891 J -J 8,000 I 82 Sale 8234 83 82 Jan. 3 83 Jan. 26 77 April 7 80 Nov. 15

Warm Spr Val, 1st g, 58_1941 M- S 1 95 1

Greenbr Ry 1st gu, g, 45,1940 M- N 1 80 88% I

Chic & Alt RR-Ref g 35_ _1949 A - 0 13,0001Railway, 1st lien, g, 334s 1950 J - J 86,0001

46,000 56 593% 57 5894 57 Jan. 6 5834 Jan. 13' 52 Jan. Sept. 22 7

34 A8 460%, Dec.vri 182

87,000, 45 Sale 43% Sale 43% Jan. 24 46 Jan. 4 38

Chic Burl & Q-Denv D 4s, '22 13 - A 3,000 1 14,000 99% 9934 99 Jan. 26 993% Jan. 18 9834 Feb. 10 100 Aug. 17

Illinois Division, 3Ms__ _19491J - J

J - J 25,000, 41,000 8534 Sale 8534 Sale 8534 Jan. 3 87 Jan. 211 813% Jan. 5 873% Nov. 181949Registered 1 1, 1

Illinois Division, 4s 1949J - J 38,000 90,000 96 96 Sale 9494 Jan. 20 96 Jan. 31 9134 July 19 963% Dec. 29

Registered 19491J - J 1,000 , 1

1 I 94 Nov. 8 9734 Dec. 15

Iowa Div sink fund, 5s__1919 A -01

1,000, 2,000,110254 Sale 10234 10256 Jan. 3 10254 Jan. 3 10154 Jan. 11 1023% Dec. 30

Sinking fund 45 19191A - 0 13,000, 6,000 993% Sale 9934 993% 9994 Jan. 12 993% Jan. 3 963% Jan. 2 9934 Oct. 26

Nebraska Exten, 4s. _19271M _19271M -N 21,000, 12,000 97 9734 983% Sale 973% Jan. 4 9834 Jan. 19, 943% Aug. 26 9794 Dec. 24

Registered 1927 M-N 5,000 96% 96 Jan. 11 96 Jan. 11; 95 June 7 95 June 7

Southwestern Div 4s __1921 M- S 99 9934 1 9994 June 1 9934 June 1

48, Joint bonds. See Grt Nor I

General 48 1958 M- S 242,000, 264,000 9294 Sale 9334 Sale 923% Jan. 4 9354 Jan. 31 88 Sept. 10 95 Nov. 26

Chic & E Ill-Ref & impt g 4s'55 ,

I - J 1,000; M 2,000 25 27 25 26 25% Jan. 7 2554 Jan. 71 15 Oct. 13 29 Jan. 19

Trust Co ctfs of deposit 1

20001 73,000 19 26 2036 25 20 Jan. 18 20 Jan. 18 13 Oct. 11 25 Nov. 30

1st cons, gold, 6s 19341A - 0, 10,000; 3,000 1043% 10434 105 105% 10431 Jan. 4 105 Jan. 22, 91 Mar. 18 1013% Dec. 16

General cons, 1st, 58___ _1937 M- NI 57,000' 198,000, 79 8134 82 85 80 Jan. 7 8234 Jan. 191 5134 Mar. 18 84 Dec. 1

Registered 1937 M- N

1 82 75 84 1 5254 Mar. 24 71 June 11

U S M & Tr Co ctfs dep i 31,000 66,000 83 77 Jan. 17 82 Jan. 21 5934 Sept. 27 83% Dec. 1

do do stamped__ _____ 1,000 1 82 823% 7934 Jan. 20 8034 Jan. 20,

Guar Tr Co ctf of dep 31,000 82 8034 8034 Jan. 20 81 Jan. 22 Pur money 1st coal 5s_ _1042 F -A

1

Ch & Ind Coal Ry 1st 5s 1936 J - J 3,000 7,000 16 16 24 Jan. 18 24 Jan. 181 17 Oct. 20 2054 Dec. 1

Chic Gt West-lst 50-yr 451959 M- S 260,000 231,000 74 Sale 73 Sale 729-4 Jan. 14 74 Jan. 3 64 Sept. 17 7434 Nov. 26

Chic Ind & Lou-Ref, g, 6s1947 I - J 3,000 11134 113 11254 113 11134 Jan. 15 112 Jan. 21 110 Nov. 11 117 Jan. 25

Refunding, gold, 5s____1947 J - J 95 953% 10134 101 June 18 101 June 18

Refunding 4s, Series C__1947 J - J 66 95 1

Ind & Loulsv 1st gu 48_1956 J - J 1,000 51 553% 1 55 Dec. 15 55 Dec. 15

Chic Ind dr Sou-50-yr 4s_1956 J - J 1,0001,000 86 90 90 Jan. 17 90 Jan. 17, 8534 Nov. 3 86 Dec. 8

Chic L S & East-lst 4348_1969 J -D I92,4 Oct. 25 9634 Dec. 17

Chic Milw & St Paul- 7,000 95 96% 97

Gen, g, 4s, Ser A_May 19891 - J 176,000 217,000 1 923% Sale 9331 SaleRegistered

92% Jan. 4 933% Jan. 311 85 Aug. 23 93% Dec. 8 8994 April 15 8954 April 15May 1989 Q - J 1

Gen dc ref series A 4%8_2014 A -0 329,000 205,000, 94 Sale 94 Sale 93% Jan. 5 94% Jan. 4 87 Sept. 1 190584,3 NDoecv. . 2331

Gen ref cony ser B 58 _2014 1,010,000 858,000, 108% Sale 108% Sale 108% Jan. 3 110 Jan. 14,10034 Feb. 23

Gen g, 334s, Ser Ii_May 1989 J - J 40,000 25,000 8134 Sale 803-6 803% 8034 Jan. 20 8136 Jan. 31 76 Aug. 26 829.4 Dec. 16

Registered May 1989 J - J I General 434s, Ser C May 19891 - J 203,000 124,000, 10294 Sale 1023% 10294 10234 Jan. 3 104 Jan. 4' 97 Sept. 8 10354 Nov. 19

25-year debenture 4s___1934 J - J 534,000 177,000, 923% Sale 9294 Sale 92 Jan. 7 9354 Jan. 211 8454 Sept. 20 9334 Nov. 20

Convertible 454s 1932 J -D 1,030,000 737,000, 1033% Sale 1013% Sale 1013% Jan. 311033% Jan. 3 933% Sept. 8 103% Dec. 31

Ch dr L Sup Div, g, 5s 1921 J - J 2,0001103% 103% 11023A Aug. 18 10334 Dec. 4

1005331y, Jan.Jan. 264 110053x% Jan. 2106, 103 July 12 105 Dec. 4Jan. 6Ch dz Mo Riv Div, 5s_ __1926 J - J 1,000 5,000 105% 105%

CI] & P W, 1st, g, 5s_ ___1921 J - J 80,000 67,000 1033% 104 103% Sale 1 1043% Sept. 27

C M dr Puget S 1st gen 45 '49 J - J 54,000 12,000 903% 913% 91 91% 913A Jan. 5 91% Jan. 10, 180.51%Vi Sept. 15 9134 Nov. 22

Dubuque Div let s f 68_1920 J - J 2,000 10734 10794 10794 Jan. 1310794 Jan. 13 106 May 1510734 Feb. 9

Fargo dr So, assu, g, 6s__1924 J - J 1103% 11134 1st La Crosse & D, 5s___1919 J - J 10294 102%.

Jan. i Junei 1, 3i v. 1 3110033 li:T/o0V. B

Wise & Minn Div, g, 5s_1921 J - J 18,000 9,000 10394 1033% 103% 103% Jan. 5 10394 Jan. 7 1811.58

Wis Val Div 1st 0 f Rs___1920 J - J 3,0009,000 107 10734 109 10734 Jan. 291073% Jan. 29 10631 July 6 107 Feb. 26

Mil & Nor 1st ext 434s__1934 J -D 100% 1005% 09 May 20 101 Nov. 18

Chicago & North Western- Western-1934 j -D 100% 100% 100 Oct. 28 10034 Feb. 24Cons ex 4Ms

Extension 4s Registered

1886-1926 F - A 2,000 95 96% Sale 95% Jan. 28 96% Jan. 31 9254 Jan. 9 94% May 2694 04% Nov. 17 94% Nov. 17

General, gold, 334s 1886-1926 F - A 94 1987 M- N 34,000 122,000 839-4 8394 8234 83 8234 Jan. 13 84 Jan. 28 78 Sept. 1 8394 Dec. 31

Kegistered Nov 1987 Q - F General 4s 1987 M- N 77,000

1987 M- N 16,000, 83,000, 95 Sale 95 953% 9494 Jan. 7 953% Jan. 27 89% Jan. 5 9631 Nov. 24

Stamped 22,000 96 Sale 95% 96 Jan. 3 96 Jan. 3 89 Jan. 5 96 Dec. 15

General 5s starnped ___1987 M-N 52,000; 10,000 11494 Sale 116 1163% 11434 Jan. 31163% Jan. 6 109 Feb. 2311494 Nov. 27

Sinking fund 6s___1879-1929 A -0 7,000 110 112 11254 Jan. 12 11234 Jan. 12 108 June 2110954 Mar. 30

Registered 1879-1029 A -0 11034 sinking fund 5s 9-_1871929 A -0 2,000

Registered Debenture .55

7,0001 % 104 105 1043% Jan. 1110491 Jan. 111 103% Mar. 3110454 0-ct. 25

1879-1929 A - 0 1921 A - 0 1,000. 5,000 103 10494 103 10434 103 Jan. 17 103 Jan. 17 10034 Mar. 6 10434 Dec. 21

Registered 1921 A -0 I110354 108 10334 108 Sinking fund deb 5s_ __ _1933 M -N 12,000 35,000 104% 105 104% Sale 1043% Jan. 24 10194 Jan. 28 101 Aug. 2 104% Dec. 4

Registered 1933 M -N 99 Mar. 19 10134 May 22

Des Pines Val lst gu 4Ms1947 M- S 9334 Sept. 109354 Sept. 10

Frem Elk & Mo V 1st 6s_1933 A -0 11834 1203% 117 Aug. 13 1193% Feb. 1

Man GBdr,1•1".: 1st gu 336s '41 J - J 75 Milw dr S L 1st gii 334s_ _1941 J - J 83 M L S & West, 1st, g, 6s 1921 M-N 3,000 6,000 108% 1083%;10854 109 losq Jan. 271109 Jan. 14 105 April 110834 Mar. 2

Ext & imp, s f, g, 5s_ _1929 F - A 3,000 10634 10634 1069-4 Jan. 12110694 Jan. 12 e10234 Aug. 9 10494 Mar. 17

Ashland Div, 1st, g, 681925 M- S 5,000 11234 1123% Is111%Dec. 14 s1113-gDec. It

Milligan Div, 1st, g, 6s '24 .1 - J 11131 1123% 11354 111154 Apr1116,111% April 16

Mil Spar & N W 1st gu 4s 1947 M- 8, 13,000 39% Au,g. 23;

Norw ITn lets! 7s_June 1917 M - S 17,000 90% 92 92 93 91% Jan. 25 94 Jan. 171 93 Dec. 1

103% 103% 1 St L Peo & N W ist gu 581948 J - J 53,000 21,000 10694 107341063% 110 1063% Jan. 41109 Jan. 28, 1023% Jan. 1110634 Dec. 24

Win k of P lgt PIrt 7fi 191 ' T I)1 non in91/: 101 in9v. in'i ' 1021,4 nee 1. ,,,,' 3/..e 6

Lowest. Highest.

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

FEB. 1916.1 BONDS-STOCK EXCHANGE RECORD 23

BONDSN If STOCK EXCHANGE

Int.Per-iod.

Chic R I & Pacific, 6s____1917 J - .1

General, gold, 4s 1917 J - JRegistered 1988 J - J

Registered 1988 J - JRefund gold 4s 1934 A - 020-year debenture 5s 1932 J - J

Trust Co. Certfs of deposit do do stamped__

Collet tr 45, Series N _-_1916 M-N1Series P 918 M-N

R I Ark & L 4%s rec1934 M- S 18,000Burl C H & No-gold 5s_1934 A - 0CRIF&NW,gu,g,531921 A-0M & St L, 1st gu, g, 7s_ _1927 J -DChoc Oki&G gen, g 5s,Oct'19 J - J

Consol, gold, 5s 1952 M-NKook & Des M, 1st, 55...1923 A -0StP&KCSIIL 1st 4%s 1941 F -A 8,000

Chic St L & N 0. See Ill CentChic St L dr Pitts. See Penn CoChic St P M & 0, cons 6s 1930 J -D 3,000Cons 6s, reduced to 3%_1930 J -D Debenture 5s 1930 M- S 23,000Ch St P & Min, 1st g, 65_1918 M-NNorth Wisconsin 1st 65_1930 J - JSt P & S City, 1st g Gs 1919 A - 0Superior S L 1st 5s, June 1930 M -S

Chic T H & S'east 1st 5s 1960 J - DChic & W I gen, g, 6s_Dec 1932 Q -M

11119a5rq2 - J 61,000

Chic & W Mich. See PereConsol 50-year 4s

Choc Okl & G. SeeCRI&PCin Ham & D 2d g, 438_1937 J -

1st guar 45 1959 J - JCinD &. I, 1st guar g 58_1941 M-NC1nFin&FtW,Istgug4s.1923 M- NCin Ind dr W, 1st gu g 4s.1953 J - JDay & Mich 1st con 43.j81931 J - J

Chi Ind St L ez C. See CCC&StLCin San dr Cloy. See CCC&StLClearfield dr Mahon. See BR&PC C C dr St L gen g 4s_1993 J -D20-year debenture 4%s_1931 J - JCairo Div, 1st, gold, 48_1939 J - JCin W & M Div, 1st, g, 48'91 J - JSt L Div, let coil tr g, 48 1990 M- N 23,0001

Registered 1990 M- N Sp & Col Div, let, g, 48_1940 M- S W W Val Div. 1st g, 45_1940 J - J 2,000Cln St L& C, cons 6s_ _1920 M-N

First gold, 4s____Aug 1936 Q -Registered__Aug 1936 Q - F

Cm S & Cl, cons 1st g 58_1928 J - J CI C C & In gen con, g, 69_ 134 J - J Ind B1 & W, let pref, 4s_1040 A -0 I & W, let pf, 5s_Apr 1938 Q -Peor & East let cone 40_1940 A - 0 36,000Income 4s 1990 April

Cleve Lor & W. See Bait & 0Cleve & Mahon Vail. See ErieCleveland & Pitts. See Penn CoCleve Short L-lst gu 4%s 1961 A - 0 228,000Colo Midland-let g 4s_1947 J - J 49,000

Trust receipts 83,000Colo & Southern 1st g 4s__1929 F - A 61,000

Refunding & ext, 4%s__1935 M-N 145,000;F W Si D City-lst g 68_1921 J - D 36,000

Colum & Hock V. See hock ValCol Conn & Term. See Nor&WConn & Pas Rivs, let g 4s_1943 A -0 Cuba RR 1st 50-year 58 g_1952 J - J Dallas Si Waco. See Mo K & T

elaware Lack & Western-Mon& E.1stgu,3 3s_2000 J -D 63,000

N Y L dr W, 1st, 68 1921J -J 4,000Construction 53 1923 1. - A Term & improvel 4s_1923 ‘1 - N

War RR 1st ref gu g 3%s2000 F - A Del dr H-let Penn Div 70_1917 M - S

Registered 1917 M- S 10-year convert deb 48..1916 I -Dj 145,000let lien eq 15-yr g 43/a13_1922 1 - J 18,0001st refunding 4s 1943 H-N 169,000Convertible 5s 1935 A - 0 583,000Alb & Susq, cony 33/as 194€ 4 - 0 105,000Rens & Saratoga let 7s 1921 -N

Del Riv RR Bdge. See PennRRDen dr R G-lst cons, g, 4s 193E J - J 193,000Consol gold 43/as 1936 I - J 25,000Improvement gold, 58..1928 1 -D 51,000First & refunding 5s 1055 F - A 463,000RioGrJunc,lst,gu,g,58_1939 -D Rio Or Sou, 1st, g, 4s___1940 1 - J Guaranteed 1940 1 - J

Rio Or West, 1st, g, 48..1039 1 - J 30,000& coil tr, g, 4s,SerA, '40 A - 0 17,000

Ut C, 1st, gu, g, 4s.Jan '17 A -0 Dea M dr Ft D. See M & St LDes M Un Ry 1st g 5s____1917 N Det & Mack, 1st lien g 45_1995 .1 -D 11,000Gold 4s 1993 J -D 3,000

Detroit River Tunnel-Det Term Tunnel 1st 43/as '61 ‘I-N 32,000

Dub Missabe & Nor gen 5s_1941 .1 - JDul & Iron Range, let 5s 1937 A - 0 5,000

Registered 1037 A - 0 Duluth Short Line. See Nor PDul So Shore & At), g, 5s_ _1937 .1 - J 2,000Erest of Minn. SeeSPMer M

ast Tenn Rem lien. See So RyEast Tenn Va & Ga. See So RyElgin Job & East, 1st g 5s...1941 M-N 3,000,Erie-lst consol, gold, 7s_1920 M- F 31,000'

Y & Erie 1st ext, g, 4s 1947 M- N 2d, ext, gold, 5s 1919 M- S 3d, ext, gold t 4%s____1023 M - S 4th, ext, gold, 5s 1920 A - 0 5th, ext, gold, 4s 1928 J - D

N Y LE& Wg fund, 76_1920 M- S 2,000

Sales inJanuary1916

5,00016,000,

282,0002,000,

816,00091,00074,0008,000'

1,000

1,000

1,000

4,0001

2,000 1

20,0001

156,000,,9,0005,000'

Sales inDecember1915.

PRICES IN JANUARY. RANGE FOR YEAR 1915.

Jan. 3.

$15,000

Bid. Ask.102%

217,0002,000

682,000179,000235,000

85 Sale83 Sale66 Sale42% Sale39 40 4290% 79

99

1,000

21,000

4,000

116,0004,000

18,000

65%100%

98% Sale90 50% 7570 71

Jan. 31. Lowest.

Bid. Ask. Sale Prices.102 1023/a 1013/a Jan. 21102 1019-/a Jan. 1058431 Sale 8431 Jan. 4833/a 84 83 Jan. 363% Sale 633/a Jan. 31423/a Sale 413,/a Jan. 1142 Sale 403/a Jan. 1042 4331 41 Jan. 2392 79 50 60 55 Jae. 26993/a 10131 100 Jan. 2199

983/a 983/a Jan. 390 53 58 Jan. 24 71 71 Jan. 8

1173./a 1183/a 11831 Jan. 487 87% 10131 10234 1023/2 103117% 118 117% 117% 10534 1053/a 1053/a 1053/a 10531 Jan. 18

1023/a Jan. 11

80 7510,000 1063% 10634 10774,000 79 803-/a 80 81

80 85 87 8727% 273/a

26,000 7934 Sale 783/a35,000 8534 87 853422,000 86 Sale 8434 I 75 81 763/a2,000, 7931 8134 78

1,0001 8753 80

83104% 92 90

106

10,0001,000 9,000

531,000

73,000136,0002,000

67 7037 40

101 Sale8 11 1091% Sale85% Sale105% Sale

11,000

2,000

84%76 83 8431 Jan. 17104% 92% 90%

1063/a Jan. 1780 Jan. 19

Highest. Lowest.

Sale Prices, Sale Prices.1023/a Jan. 26 1013/g April 2810131 Jan. 21 101 May 1485 Jan. 3 79 Sept. 1783 Jan. 3 80 April 24663% Jan. 13 61 July 3044 Jan. 25 39 July 12423/a Jan. 19 40 Oct. 22413/a Jan. 25 393-4 Dec. 21 90 April 15

65% Jan. 5100 Jan. 21 99 Feb. 13

98% Jan. 3

58 Jan. 2871 Jan. 8

11834 Jan. 29

103 Jan. 27

97% July 8973/a April 144931 Sept. 3065 April 8

11434 July 1090 Jan. 279931 June 22115 Sept. 29

1053/a Jan. 28 10431 June 19

1073/a Jan. 1181% Jan. 6

863-/a Jan. 5 869/a Jan. 5

11080

80 793/a Jan. 27863-4 8534 Jan. 6859-4 86 Jan. 378 82 70 Jan. 2080 I

69% Sale34% 36

100% 101%10 Sale8 1091% Sale86 Sale105%

9594

8634 87 873/a Sale108 110 108 1101021A 103% 96% 96% 83% 85% 84 104% 104%

105,0001,000

141,000451,000334,000

201,00084,00016,000

135,000

1003/a Sale 1003/a Sale1003/a Sale 1013/a 1013/a963/a Sale 973/a Sale106 Sale 1063/ Sale85% 8631 863 bale111% 1111%

79% Sale84% Sale81 8258% Sale80 9535 45

15,0004,000

2,000

7,00022,000

77% Sale83% Sale81 Sale57% Sale85 8934

7734 7831 74 77613/a 65 623-4 65

9934 100 9931 85 95 90 9380% 83 90

8974 939,4 94 Sale10434 106 1043/a 105341033/a 103 10331 10331 Jan. 14

67% Jan. 536 Jan. 6

105 Jan. 137474 Sept. 17

25 July 21

81 Jan. 1787 Jan. 787 Jan. 4

8431 Jan. 26

68 June 37934 Oct. 2180 Oct. 970 Sept. 24753.4 Oct. 18

8434 Jan. 1777 Sept. 27

Highest.

Sale Prices.10234 June 181029/a Oct. 18634 Nov. 2983 Dec. 117131 Mar. 3167 April 15473-4 Nov. 2742 Dec. 1590 April 29

1013/a Nov. 22

98 Dec. 14973/a April 1484 Jan. 3065 April 9

1173/a Jan. 2790 Jan. 27103 Dec. 111634 Dec. 9

10534 Feb. 23

10631 Dec. 238331 Nov. 19

25 July 21

83 Nov. 20875% Nov. 18863-4 Dec. 1778 Nov. 1282 Dec. 7

85 Nov. 22

105 Nov. 18 10531 May 2690 Feb. 2 90 Feb. 287 Mar. 31 8834 May 14101 April 26 101 April 27

70 Jan. 2136 Jan. 6

looyi Jan. 14 10131 Jan. 278 Jan. 10 10 Jan. 317 Jan. 10 8 Jan. 10

9131 Jan. 7 92 Jan. 48531 Jan. 4 873/a Jan. 11

1053/a Jan. 25 10531 Jan. 13

863/a Jan. 141083/a Jan. 17

100% Jan.100% Jan.9631 Jan.106 Jan.85% Jan.

59 July 2920 July 9

72% Dec. 138 Nov. 8

.91 Mar. 3 101% Nov. 23810 Nov. 29 17 Mar. 31143/a Mar. 11 15 Feb. 2485 Sept. 3 933/a Nov. 207831 Sept. 24 90 Nov. 22100 Jan. 5 1063,/a Nov. 29

8731 Jan. 311083/a Jan. 21

84 Jan. 29 8634 Nov. 24107 May 20 109 Feb. 910134 May 1110134 May 119534 Jan. 20 96 June 2

043/a Aug. 18

3 10031 Jan.3 101 Jan.3 97% Jan.3 108 Jan.8 87% Jan.

77 Jan. 298833/4 Jan. 318031 Jan. 20553/a Jan. 13

753-/a Jan. 2762 Jan,. 21

1,0001

90 Jan. 2185 Jan. 26

933,4 Jan. 10

91 9334 92 95 9331 Jan. 28

1025% 1043.4 10334 1033/a10,000 1103/a 1113,/a 11031 11131 94% 95 101% 101% 98% 99% 1,000 1023/a 1023/a 94 94% 1093/a 1103-/a Sale

79% Jan.85 Jan.82% Jan.58% Jan.

1053/a May 13

14 99 Jan. 4 100 Sept. 2829, 99 Jan. 2110031 April 3026 893/a Sept. 10 97 Nov. 1614'10131 Oct. 9 108 Nov. 1922 805% Sept. 14 87 Dec. 1 1 113% Jan. 28 11331 Jan. 28

13 68 Sept. 157 7331 Sept. 214 66 Aug. 273 33 Jan. 15

8234 Nov. 26855% Nov. 3085% Dec. 363 Nov. 26

35 Nov. 19 35 Nov. 19783,4 Jan 20 69 June 1 80 Dec. 1665 Jan. 22 58 Mar. 19 6534 Dec. 1

' 100 Mar. 490 Jan. 21 80 Jan. 3085 Jan. 26 78 May 4

100 Mar. 487 Aug. 285 Aug. 25

91 Jan. 19 8931 Oct. 11 95 Nov. 26 1013/a May 11 10531 Nov. 1010331 Jan. 14 9831 April 20 1033.4 Nov. 20

95 Jan. 8

103 Jan. 19 103 Jan. 1911031 Jan. 24,111/s Jan. 6

1

90 Oct. 26 100 April 28

103 April 23 105 Jan. 2610634 April 12 111 Nov. 26

1103/a Jan. 26 110% Jan. 31

100 Feb. 24 1015% Feb. 159831 Mar. 5 9934 Feb. 11100 July 26 1023/a April 1693 Oct. 18 94 Nov. 2610831 Oct. 18 109 June 3

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

24 BONDS-STOCK EXCHANGE RECORD. [VOL. 102.

BONDS Int.I Per-

N V STOCK EXCHANGE iod 1 •Erie-(Concluded)---

Erie 1st con g prior 4s__ _1996 J - JRegistered I J - J1st consol gen lien g 4s 1996,J - J

Registered - JPenn coil trust g 4s___19511F -A50-yr cony g 45 Ser A1953 ,A -0Do do Ser B_1953, A -

Buff N Y & Erie 1st 7s_ _1916 J -DChic & Erie 1st gold 5s....1982 M-NClev dr Mahon Val g 5s_1938 J - JLong Dock cons gold 6s_ 1935 A - 0C dr RR Co 1st cur gu 6s 1922, M - ND & Impt Co 1st extd 5s 1943 J - JNY&Greenw L guar g 5s 1946 M-NNYSusq&W 1st ref g 5s_1937 J - JSecond gold 43's 1937 F - AGeneral gold 55 1940 F - ATerminal 1st gold 5s_ _1943,M-N

Mid of N J 1st ext 5s 1940 ,A -0Wilk & East 1st gu g 5s_1940,J -D

Erie & Pittsburgh. See Penn CoEv & Ind 1st con gu g 6s 1926 J - JEv Jr H-lst cons g 6s 1921 J - J

1st general gold 5s 1942 A - 0Mt Vernon 1st gold 6s 1923 A - 0Sull Co Brch 1st g 5s 1930 A -

rargo &Sou. See Ch M & St PIA In Cent & P. See Seab Air LIFla East Coast 1st 4%s__ _1959,J -DFort St U D Co 1st g 4%8_19414 - JFt W & Rio Gr 1st g - J

Gal H & San A. See So Pac Co'a & Ala. See Seab Air Line

Ga Car & Nor. See Seab Air LGeorgia Pacific. See South RyGila 17 G & N. See Sou Pac CoGouv & Oswegat. See N Y CentGt Nor-C B & Q coil tr 4s 1921 J - J

Registered July1921 Q - J1st dr refund 43s Ser A_1961 J - J

Registered 1961 J - JSt Paul Minn & Manitoba-

Consol mortgage 4s_ 1933 J - J1st consol gold 6s 1933 J - J

Registered 1933 J - JREduced to gold 4%s_1933 J - J

Registered 1933 J - JMont Ext 1st gold 48_1937 J -D

Registered 1937 J -DPan Ext sterling gu 4s_1940 J - J

E Ry M No Div 1st g 4s_1948 A - 0Minneap Un 1st g 6s 1922 J - J

Registered 1937 J - J1937 J - JMont C 1st gu g 6s

1st guar gold 5s 1937 J - JRegistered 1937 J - J

Will & SF 1st gold 5s 1938 J -DGreenbrier Ry. See Ches & 0G Bay & W deb cfs A ($100 par) Feb

Debenture ctfs B (par $100) FebG&ShI 1st ref & ter 5s g Feb '52 J - J

Registered Feb 1952 J - J'Jock Val 1st con g 4%s__1999 J - JA A Registered 1999 J - JCol & H V 1st ext g 4s_ .A948 A - 0Col & Tol 1st ext 4s

Housatonic. See NYNH g5 H5 F AH St Tex Cent. See So Pac CoHous Belt & Ter 1st 5s_ 1937 J -

I 1 no is Central-ist g 4s 1951 J - JA Registered 1951 J - J

1st gold 3%s 1951 J - JRegistered 1951 J - J

Extended 1st g 3%s 195I A - 0Registered 1951 A - 0

1st gold 3s sterling 1951 M- SCollateral trust gold 4s 1952 A -0

Registered 1952 A - 0:et refunding 48 1955 M- NPurchased lines 33s_ 1952 1 - JColl tr g 4s L N 0 dr 1953 M- N

Registered 1953 M- NCairo Bridge gold 4s 1950 J - DLitchfield div 1st g 3s 1951 J - JLou'v div & terra g 3%8_1953 J - J

Registered 1953 J - JMiddle Div regis 5s 1921 F - AOmaha Div 1st g 3s 1951 F - ASt Lou Div dr term g 3s 1951 J - J

Gold 3%s 1951 J - JRegistered 1951 J - J

Springf Div 1st g 33s 1951 J - JWestern Lines 1st g 4s 1951 F - A

Registered 1951 F - ABelle & Carond 1st 6s 1923 J -DCarb & Shaw 1st 4s g 1923 M- SCh St L dr N 0 gold 5s1951 J -D

Registered Gold 33s

1951 J -D1951 J -D

Registered 1951 J -DJoint 1st ref set A 5s 1963 J - DMemphis Div 1st g 4s_1951 J - DSt L So 1st gu g 4s_ _1931 M- S

Ind Bl & W. See Cl C C Sz St LInd Dec & W. See Cin H DInd Ill & Ia 1st gold 4s____1950 J - JIntern & Gt No-1st g 6s__1919 M- NIowa Central. See Minn & St LTack Lans & Sag. See Mich Cenames F dr Clear 1st 4s__1959

Vali All & G R. See LS&MSAan & Mich. See Tol & 0 CKCFtS&M. See St I S FK C & M Ry & B. See StLdiSFK C & Pacific. See Mo K & TKan City South 1st g 3s___1950 A - 0

Registered 1950 A - 0Ref & imp 5s Apr 1950J - J

Kansas C Term 1st 4s____1960 J - JKentucky Central. See L & NKeok & Des 'M. SeeCRI&PKnoxville dr Ohio. See Sou RyLake E & W 1st gold 58 1937 J -

24 gold 5s 1941 J - JNorth Ohio 1st gu g 5s_ _1945,A - 0

L Sh & Mich So. See N Y Cent;Leh V (NY) 1st gu g 4348_1940 J - J

Registered 1940J -

J -D

Sales in Sales inJanuary December1916. 1915.

187,000

598,0001,030

,,

21,000,145,000,

1,103,0J0

7,0001

2,00011,000

5,000

117,000

2,000

82,000

8,0001

1,992,00040,00072,000

67,000

16,000

60,000310,000

1,000

38,0001

7,000

105,000

75,000

122,0005,000

128,000

1,000

1,0061,000

1,000

4,000

217,000

7,00028,000

68,000

150,000,148,000

11,0008,000

PRICES IN JANUARY. RANGE FOR YEAR 1915.

I Jan. 3. Jan. 31. I Lowest. Iliuhest. I

'Bid. Ask.202,000, 8534 Sale

465,000 753/b Sale1

60,000 8834 90201,000 713/2 Sale

2,166,000, 82% Sale ! 101 103%3,000, 1054 1103% 1121 1 99% 1032,000 10234 10334

1,000, 92 100

1,0001 78 90 100 104 85 89%

91%58

92

92 94%

30,000

1,385,00022,000,58,000

66% 67%

98% Sale

99% Sale

1,0001,000

954120%

97,000

Bid. Ask.86 Sale

76 Sale

89 Sale71% Sale79% Sale101 103%107 1083/s 105% Jan.103% 122 99% 103102% 99 98% 100

Sal. Prices.8534 Jan. 11

75% Jan. 3763/2 Jan. 1988% Jan. 571% Jan. 37934 Jan. 31

80 87100% 1048634

90%60

93% Sale

Sale Prices. I86 Jan. 6

77 Jan. 10,7634 Jan. 12,8934 Jan. 2072% Jan. 584 Jan. 7

14 10634 Jan. 17,

12134 Jan. 17 12134 Jan. 171102% Jan. 13 10234 Jan. 13

Lowest. 1Iiuhest.

Sale Prices.77 Sept. 97934 June 3065 July 28

Sale Prices.8734 Nov. 2280 Oct. 1677 Nov. 26

86 May 11 8834 Mar. 1859 July 27 7334 Nov. 2663% Feb. 26 8634 Nov. 26102% Jan. 4 103 Jan. 2210134 Jan. 15 10534 Nov. 30101 Feb. 1 101 Feb. 111934 Aug. 17 12234 Nov. 1910034 Oct. 210034 Oct. 2

10234 Mar. 16 10334 Aug. 13

9834 Jan. 18 9834 Jan. 18

1

1

90 April 13

8634 Jan. 25 90 Jan. 6,

90 Jan. 6 90 Jan. 1411

1

92 Jan. 4

65 66 6634 Jan. 11

98% Sale98% 98%903299%

97%12134 122

10234 10334 103 105

30,000 95% 96

86 92 89 109% 1,000 122%

4,000 109

3,000 110

2,920,0002,000

74 8013% 14%85 Sale

12,000 93 93%

84%

94 97%

82%

83 85

32,000 88 Sale

101,0001,000

26,000

5,000

89% 90%81% 8485 8634 8590

81%

69% 7169 81

3,000 88

108%

101,0008,000

3,00055,000

4,000

49,000

1023487% 88% 98%

88% 91100

91% 92%

70% Sale

284,000101,000

12,00015,000

93% 9488% 89%

98% Sale83% Salo

96% Sale

8990100%123

109%

110%

75 80124 Sale85% 88%

93% 95

84%83%

97% Jan. 3973% Jan. 1199% Jan. 6

6734 Aug. 24

99 Nov. 12

88 Dec. 30

79 Oct. 14 86 April 8

81 Aug. 9 97 Feb. 20

9334 Jan. 181

6634 Jan. 141

9834 Jan. 289834 Jan. 18100% Jan. 13

1

8634 Sept. 21

50 May 15

94% Jan. 494% Jan. 294 Sept. 18

3102%Jan. 13 10334 Jan. 25

9334 Sept. 2911634 Sept. 4118 April 279934 Sept. 14

953/i Jan. 13 9634 Jan. 18

74 Jan. 101234 Jan. 3185 Jan. 3

9334 Jan. 6

WM 97% Jan. 28

85 86%

84%

89% Sale

89% Sale 8386% 87%

91%

8134

6994 69 7681

88

104% 86 108%

102% 102%88% 88 95%

90%

83% Jan. 25

88 Jan. 3

88934 Jan. 683 Jan. 178534 Jan. 11

90 Jan. 21

71 Jan. 25

81% Jan. 5

78% Jan. 4

108 Jan. 19

102 Jan. 14

90 Jan. 1797 9734 Jan. 5

91 92%

704 71%

93% Sale88% 89

98 10088% 91

70% Jan. 7

93 Jan. 218534 Jan. 19

98% Jan. 383% Jan. 3

95 Nov. 28

70 Dec. 2

9834 Nov. 2398% Dec. 7101 Jan. 20

97% Dec. 3012034 April 2411894 April 29103 Dec. 30

9134 July 19; 9634 Dec. 4

9234 Nov. 11 9234 Nov. 18534 Nov. 8 8534 Nov. 88934 June 29 8934 June 29109 Nov. 8,109 Nov. 811834 Sept. 17 121 May 27

75 Jan. 1714% Jan. 485 Jan. 3

10534 April 151108% Dec. 22

10734 June 12 1094 Dec. 24

70 April 141034 Jan. 1182 Aug. 21

9334 Jan. 15 8734 Sept. 21

97% Jan. 6

85 Jan. 27

8334 Sept. 886 Nov. 11

93 Feb. 49434 Nov. 1892 Aug. 317834 Jan. 1182 Nov. 183 Oct. 18

8934 Jan. 31 81 Aug. 2

90 Jan. 1383 Jan. 1787 Jan. 29

90 Jan. 21

83 Sept. 2379 Sept. 2479% July 989 Feb. 1086 April 3

7634 June 11

71 Jan. 25

81% Jan. 5

78% Jan. 4

68 Mar. 26834 Sept. 3078 Mar. 2681 Nov. 23

8434 Nov. 12

109 Jan. 19 10434 Sept. 21

10334 Jan. 7 9834 Jan. 2686 Oct. 28

92% Jan. 2898 Jan. 14

7034 Jan. 14

82 Sept. 2496 Oct. 11

84% July 21

66% Oct. 5

91 Jan. 11 887 Oct. 489 Jan. 5 8334 Sept. 11

100 Jan. 2283% Jan. 3

8934 July 1974 Nov. 12

77 Nov. 51434 Dec. 2888 Mar. 9

9634 Nov. 18

85% Jan. 486 Nov. 11

9334 Feb. 189758 Nov. 3092 Aug. 3184 Oct. 2783 Nov. 1283 Oct. 18

9034 Nov. 30

92 Nov. 2484 Dec. 308734 Nov. 2289 Feb. 108934 Dec. 23

7734 Mar. 27

73 Mar. 206834 Sept. 3080 April 1281 Nov. 23

88% Dec. 1

10934 Feb. 2

10334 Nov. 1887% Dec. 8

90 Nov. 24100 Jan. 25

92 Nov. 18

72 Nov. 24

96 Nov. 1303 Feb. 2

9834 Feb. 1088 Dec. 8

33,000i

47,000, 10034 1012,000 100 105%

1

101% 100 101%

10134 Jan. 4 101% Jan. 24 98 Sept. 310134 Mar. 599 April 15 100% Feb. 8

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

FEB., 1916 BONDS-STOCK EXCHANGE RECORD 25.

BONDSN V STOCK EXCHANGE

Int.Per-iod.

Sales inJanuary1916.

Sales inDecember1915.

11 PRICES IN JANUARY. RANGE FOR YEAR 1915.

Jan. 3. 1 Jan. 31. Lowest. Highest. Lowest. Highest.

Leh V (Pa) gen con g 4s___ 2003Gen consul 434s 2003

Leh V Ter fly 1st gu g 5s 1941Registered 1941

Leh V Coal Co 1st gu g 59_1933Registered 1933First lot reduced to 43_1933

Leh & N Y-lst gu g 4s 1945Registered

Leh & Find R. See Cent of N JLeroy & Caney Val. See Mo PLong Dock. See ErieLong Isl 1st con g 5s_July 1931

1st cons gold 4s___July 1931Gen gold 4s 1938JFerry gold 43.s 1922Gold 4s 1932Unified gold 4s 1949Deb gold 55 1934Guar ref gold 4s 1949NYB&MBcong 5s 1935N Y & Ro Bch 1st g 5s 1927NShBch 1st con gu 5s Oct'32

Louisiana & Ark 1st 5s 1927Louisv & Nashv-Gen g 6s 1930Gold 5s 1937Unified gold 4s 1940J

Registered 1940Coll trust gold 5s 1031E H & Nash 1st g 6s 1919Louis Cin & Lex g 4%9_1931N 0 & M 1st g 6s 19302d g 6s 1930

Pad & Mem Div 4s 1946St Louis Div 1st g 6s 1921

2d gold 3s 1980Atl Knox & Cin Div g 45 1955AU Knox AL No lst g 5s 1946FIend'sonBdge 1st s f Os g1931Kentucky Central g 4s 1987L&NMob&Mlst g 430_1945L&N-Sou Mon joint 4s 1952

Registered July1952N Fl & Sher 1st gu g 5s__1937Npt&CinB gen gu g 4%3 1945Pens & Atl 1st gu g 6s___1921S & N Ala con gu g 5s___1936Gen cons gu 50-yr 5s__1963

Lou&JeffBdge Co gu g 4s1945Rffahoning Coal. See L S&M SoLulanito S W Coloniz g 59_1934Manila RR-Sou lines 4s.1936McK'pt&BVern. SeeNYC&HRMex Internat 1st cons g 49_1977Stamped guaranteed.. 1977

Michigan Central. See N Y CentMid Tenn 1st g s f 5s_ ___1925Mil L S & West. See Chic & NWMil & North. See Ch M & St PMinn & St L 1st gold 7s___1927

Pacific Ext 1st gold 6s__19211st cons gold 5s 19341st & refund gold 4s 1949DesM & FtD lst gu g 48_1935Iowa Cent 1st gold 5s 1938

Refunding gold 4s_ __ _1951Minn &StLgu. SeeBCR&NM St P &SSM con gold 4sstpd payment of int gu .1938M St P &SS M & Cent Term

1st Chic Term s f 4s 1941MSSM & Atl 1st gold 4sstpd payment of int gu1926

Minneap Un. See St P M & MMississippi Cent 1st 5s 1949Mo Kan & Okla. See M K & TMo Kan & Tex-lst g 4s_19902d gold 4s June 19901st extension gold 5s____19441st & refund mtge 4s____2004General s f 4349 1936St Lou Div 1st ref g 49_ _2001Dal & Wa 1st gu g 5s_ _1940Kan C & Pac 1st g 4s_.._1990Mo K St E 1st gu g 5s_1942Mo K & Ok 1st gu 5s_ _ _1942MK&T of T 1st gu g 5s 1042Sher Shr'v & So 1st gu g 55 '435Tex & Okla 1st gu g 5s 1943

Mo Pac--Ist consol g 6s_ _1920Trust g 58 stamp.. _Jan 1917

Registered _-

Jan 1917Certfs of deposit

1st coll gold 55 1920Certificates of deposit_

40-year gold loan 4s.._....1945Certificates of deposit_69,000

1st & ref cony 5s 1686Certificates of deposit_ _ _ _Certfs of deposit stamped

3d 7s ext at 4% 1938Boonv St L & S 1st 5s_ 1951Cen Beh fly 1st gu g 49.1919Cent Br Un Pac 1st g 48_1948Leroy&CVaIAL 1st g 5s 1926JPac R of M 1st ext g 4s 1938

2d extended gold 5s 1938St Louis Iron Mt & South-Gen con ry & Id g 5s_ _1931Gen con stpd gu g 5s_1931Unif St ref gold 4s_ _ _1929River & Gulf div 1st 49'33

VercligrisVI&W 1st g 5s_1926Mobile & Birm. See South RyMobile & Ohio new g 6s_ _1927 J

1st extension g 68 July 1927General gold 4s 1938Montgom Div 1st g 58 1947St Louis Division 55 1927 JSt L & Cairo gu g 4s_ 1931Collat trust 4s. See Southern

Mohawk & Mn!. SeeNY C& HMonongahela Riv. See Balt & 0Montana Cent. See St P M & MMorgan's La&T. See So Pac CoMorris & Essex. See D L & WWashy Chatt &St L 1st 5s 1928I 1Jasper Bch 1st gold Os_ _1923 JMcM M W & Al 1st 69..1917 JT P Branch 1st Os 1917 J

M- NM-NA - 0A - 0 J - JJ - J - J

M- S M- S

Q - JQ - J -DM- S J -D M- SJ -DM- SA-0M- SQ - J M- SJ -DM N - J

J J M- NJ - D M- NJ - J J - J F - A M- S M- SM-NJ -D M- S J - J M- SJ - JQ - J - A

J - J F - A F - AA- 0- S

J -D M-N

M- S M- S

J - D

J -D A - 0 M- NM- SJ - J J -DM- 5

J - J

M- N

J - J

J - J

J -DF - AM- N M- SJ - JA - 0 M- N F - A A -M-NM- S- D

M- S M- NM- SM- S

F - A

M- S

S

M- NF - A F - A J -D - J

F - AJ - J

A -0A -0 J - JM-NM- S

- DQ J M- S P- A - D

J - J

A- 0- J - J - J

34,0003,00013,000

4,000

5,000

17,000

3,0004 ,000

105,0002,00010,000

2,00013,000

208,000

3,000

6,000

12,00064,000

8,00016,000

14,00019,000

13,000260,000

13,000428,000

139,000

50,000

5,000

175,000168,000

71,00065,000

14,00022,00032,000

245,0006,000

3,000,6,000,10,000

165,0001

101,000116,0002,0005,000

21,00013,000

68,000

296,000198,000

7,000

1,000

7,000

$2,00019,0005,000

2,000

2,000

5,000

1 11,0001,000

27,000

6,000,25,000,9,000,

361,000'

9,0003,00011,000

5,00011,00074,000

16,0002,00018,000

2,000

2,0005,000

59,000

5,00091,000

9,00084,000

53,000

38,000

465,000278,0006,000

90,000106,000

1,000

9,000

9,000

276,00068,000

8,00053,00010,000

324,00046,000270,00053,0002,000

5,000

30,00024,000

143,000

45,00042,000!

6,0002,000 ;1072,0001

1,00011,000

14,000

'Bid. Ask.89% 923-1003 109

1033-i 102%

88% 90

104% 94

85 86 9534

86 Sale97 9987% Sale

98 10034 102 101% 102

90 02112 Sale107% 94% 94%

105% 1073-107% 100% Sale

114% 107% 110 86%

107 61 Sale87% Sale

1027 10534

88 88%99 76% 82

10434 10534

10874 10934105 10331 Sale

81%

108% 116

88% 57 Sale

87% 9054% Sale

93% Sale

95

98% Sale

91

77 Sale50% Sale

63 52% 5542 Sale

60%

7088 90

75 6534 66%

69100 Sale88% 89%

85 83% 83% Sale42% Sale42% 4542% Sale4434 4640% 43%

8134

88% 899934

102 Sale

74% 76 70 71

7734

112 Sale108 107

72 100

89 88%

106i1 ,107 1 10934 1101%

Lticl. Ask.923/i 101% 11 0 IA, 1113i

109% 1033/i

105 94% 90 9534

853/3 86349634 978731 Sale10134

10231110234100% 102 8631 05112 112%108% 95% Sale

92 10531 107%107% 101% 116 110% 11131 90 107% 60% 6289% 8934103% 1093% 105% 88% 89 100 80 85

10634 97%

1083/ 10934 10774 108102% 10381

110 114

89 89%59% Sale

8931 92%57 Sale

93% Sale

97% 98

90 92

78% Sale46 Sale

62 5234 5440 Sale

51 69

893-4 6631

65 66 52 65

69 100% Sale8931 Sale

85 85 8885 43% 464334 Sale44 4544% 453440% 42%82 Sale

86

40 46 36 90 Sale1003,g 102 10234

8031 Sale

74 Sale

118108

74 102

89 88%

Sale118

Sale Prices.913 Jan. 191013 Jan. 17110 Jan.

1053' Jan. 17

10434 Jan. 24

86 Jan. 4

8534 Jan. 2097 Jan. 198731 Jan. 410134 Jan. 14

Jan. 27

9734 Jan. 14112 Jan. 3

9431 Jan. 7

105 Jan. 13

100% Jan. 3

61 Jan. 38731 Jan. 13

993-4 Jan. 2680 Jan. 11

105% Jan. 410231 Jan. 181033-1

8834 Jan. 185231 Jan. 25

873-4 Jan. 25513/3 Jan. 18

9334 Jan. 7

973j Jan. 18

91 Jan. 13

76% Jan. 346 Jan. 31

52 Jan. 1040 Jan. 31

877-4 Jan. 1366 Jan. 1865 Jan. 27

100 Jan. 38931 Jan. 31

88% Jan. 2183% Jan. 483% Jan. 342% Jan. 342% Jan. 842% Jan. 344 Jan. 64334 Jan. 1482 Jan. 14

89 Jan. 4100 Jan. 7 1003/3

102 Jan. 3 10234

7434 Jan. 570 Jan. 5

112 Jan. 3 11234

8831 Jan. 25

10674 Jan. 4 107

Sale Prices.9231 Jan. 2810131 Jan. 17

5 110 Jan. 13

10534 Jan. 17

10434 Jan. 24

90 Jan. 25

86 Jan.97 Jan. 198731 Jan. 141013-4 Jan. 141023-4 Jan. 27

9734 Jan. 1411234 Jan.

9534' Jan. 28

105 Jan. 13

10031 Jan. 3

62 Jan. 2690 Jan. 24

993-4 Jan. 26182 Jan. --

106 Jan. 10Jan. 3

90 Jan. 1360 Jan. 31

893% Jan. 1457 Jan. 31

93% Jan. 3

99 Jan. 3

91 Jan 13

7874 Jan. 1450% Jan. 5

5334 Jan. 14423-4 Jan. 14

8931 Jan. 2666 Jan. 1966% Jan. 4

100% Jan. 1390 Jan. 10

88% Jan. 2183% Jan. 885 Jan. 1346% Jan. 1444% Jan. 194634 Jan. 1445% Jan. 1443% Jan. 1482 Jan. 14

90 Jan: 8Jan. 25

Jan. 13

803-4 Jan. 287434 Jan. 29

Jan. 17

883% Jan. 25

Jan. 20

------

Sale Prices.18631 Sept. 24'9734 Jan. 1510531 Jan.

101% Aug. 281 10531

84 May 24

810131 Oct. 25 884 Oct. 22

85 Mar. 18

3 823.4 Oct. 119574 Jan. 218231 Sept. 27100 Feb. 25100 Nov. 10

10074 July9431 Dec. 15

7 110 Jan. 13 1053 Sept.

89 July

9974 Sept. 28 10734 Nov. 17

9831 Oct. 20 11331 Oct. 19,11534 108 Feb. 20'109% 86 Oct. 51 10534 July 10,10731

5874 Sept. 2283 Sept. 25

105 Mar. 9,105 86 Jan. 111

98 Oct. 227534 Oct. 29

10434 Dec. 27110434

10734 Mar. 1710934105 Dec. 289931 Jan. 4

74 June 16

105 Sept. 28 102 Nov. 3

81 Sept. 140 Jan. 2

60 Feb. 1980 Sept. 2235 Jan. 12

8634 Sept. 15

9334 Sept. 23

723/3 June 14934 July 13

65 Nov. 1840 Oct. 542 Dec. 3151 Dec. 10

82 Sept. 2385% Mar. 96574 Oct. 30

68 Oct. 159234 Sept. 27854 Sept. 2

80 Oct. 1886% Dec. 672 Sept. 982 Dec. 1529 Sept. 242 Nov. 2229 Aug. 214234 Nov. 2340 Nov. 1778 Jan. 20

60 Oct. 13

84 Sept. 2293 Oct. 22

93 Sept. 20

61 Aug. 2351 Aug. 27

87 Sept. 21

105 Sept. 16106 Oct. 472 Mar. 23100 June 2286 Nov. 108634 Oct. 25

1027-1 Oct. 5

Sale Prices.91% Nov. 22101% Dec. 29

41 10934 Dec. 18

Dec. 6

89 Dec. 11

10434 Feb. 8884 Oct. 228774 Jan. 25

898% May 129938 Nov. 278834 Nov. 1210034 Feb. 20100 Nov. 10

2 101 Aug. 189531 Dec. 13115 Feb. 15

9 108 Dec. 298 95 Dec. 1

10534 Nov. 3010774 Dec. 21101 Nov. 10

May 5May 21

8634 Oct. 5Jan. 27

65 Mar. 2490 Nov. 19

1Mar. 9

8”.4 Dec. 14101 May 681 Nov. 29

Dec. 27

Nov. 291053/ Dec. 171043, Nov. 228234 Nov. 12

1113-4 Mar. 1810274 Nov. 229231 Feb. 1360 Feb. 1360 Feb. 19903( Feb. 1360 Feb. 13

937-4 Nov. 26

9834 Dec. 28

83 Nov. 2663 April 2189 Jan. 225674 April 874 Mar. 3603/3 Feb. 16

9634 Mar. 1588 Feb. 589 Feb. 9

693/3 Nov. 291013/3 Jan. 219634 Mar. 1388% June 488 Dec. 9927-4 April 158234 Dec. 175391 April 154534 Dec. 149% Mar. 84534 Dec. 23423-4 Nov. 2780 Nov. 10

85 Feb. 11

90 Nov. 249934 Dec. 29

102 Dec. 10

78 Nov. 2273 Nov. 2687 Sept. 21

11431 Feb. 6114 April 2275 Jan. 1410134 April 1989 Dec. 88574 Dec. 30

106% Feb. 1

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

26 BONDS-STOCK EXCHANGE RECORD [VoL. 102.

BONDS1 IntJanuary December

Sales in ll PRICES IN JANUARY.I Per:

Sales in

N Y STOCK EXCHANGE, 104, 1916. 1915. I Jan. 3. Jan. 31. I Lowest. Highest.

Nash Fior & Shef. See Lou & Ni $ $ 'Bid. Ask. Bid. Ask.1 Sale Prices. Sale Prices.Nat, Rye., Mex pr lien 48_%1957 J - J 1 52 Guaranteed general 4s_ _1977 A - 0 ,000 1 50 52% %

INat of Mex or lien a 43.s__1926 J - J I 60 503 let consol gold 4s 19.11 A - 0 I N H & D. rby. SeeNYNIISr 1-11N J June n It It. See N Y CentlNewp't ,t Cin B'ge. See Lou& NiN 0 Mob & Chic 1st ref 5s_1960 J - J 60New Orleans Term 1st 4s__1953 J - J 1 71 75

IN ir B & Man Beach. See L 1811N Y Ce, t ItR cony deb 6s_ 1935,14 - N 8,843,000 5,700,000 113% Sale

Ref & imp 1-1s A 2013A -0 970,000 1,100,000 94% SaleN Y Central & fIudson River-I !Gold mortgage 3%s 1997J - J 371,000 317,000 83% Sale

Registered 1997,J - J 6,000 8131 85Debenture gold 48 1934 M-N 211,000 278,000, 923/3 92%

Registered __ 1934 M-N 12,000 30-year debenture 4s_ __1942,J - J I 91Lake Shore coil g 33/3s_ _19981F - A 134,000 113,000, 78% Sale

Registered 1998 F - A 1,000J P M & Co ctfs of dep_ _I 548,000 13

4,000,

Mich cent coil g 3%s_ _1998' F - Al 68,000, 3,000, 84% 84%

77% 78Registered 1998IF - A 8,0001

50,000, 2,000 70 76%

Beech Creek 1st gu 4s 1936.J - J '

2,000 963j 963/3Registered 1936IJ - J2d guar gold 5s 1936'J - J 100

Registered 1936'J - J

_

BchCr ex 1st gu g33/3s Feb '51 A - 0 Cart & Ad 1st gu g 4s___ 1981 J - D

86 Gouy & 0 1st gu g 5s _ _ 1942IJ -D 1013/3Moh Ar Mal 1st gu g 4s_ _1991 1 M- S,

2000 M-N

52,000 92%N J June R gu 1st 4s___ 1986 F - A N Y & Harlem g 3%s_ 79%

Registered 2000,M- N N Y &North 1st g 5s_ __19281A - 01 102%NY&Put 1st con gu g 4s_ 1993'A - 0,1 67,000Nor A: Mont 1st gu g 5s_ 19161 A - 01

98,000 90% 99

Pine Creek reg guar 6s_ _1932'J -D: 113R W & 0 con 1st 5s_July 1922lA - 01 1,000RW&OTR 1st g 5s_July 1918M- NI

5,000, 110 003u%

Rutland 1st cons g 43/3s_ 19411J - J1 Og & L Ch 1st gu g 4s_1948 J - J 1

2:999 81% N%Rutl-Can let gu g 4s_ _1949 .1 - J 1 0001

St Law & Adir 1st g 5s__1996 J - J 1 07 100 98 100 2d gold tie 19961A - 0 103 Utica & B1 fly gu g 4s__19221.1 - J 9834 9831Lake Sh & M S g 3%s_ _1997,J -D 61,000 62,000 84% 85% 86 Sale 84% Jan. 20! 86 Jan. 26Registered 19971J -D 84 8334 84 Debenture- old 4s_ 1928M- S 243,000 203,000 9531 Sale 953/3 Sale 943/3 Jan. 11 953/3 Jan. 31RegIstered 48 1928 M- S

25-year gold 4s 1931 IM-N 467,000, 431,000 04% Sale 94% Sale 94% Jan. 3 95 Jan. 25Registered 1931 M-N 1,000 949/3 Kal A & G It Ist gu c 58_1938 J - J 102% 94 Jan. 4 94% Jan. 26

Mahon Coal RR 1st 5s_ _1934 J - J 106

Pitts McK dr Y 1st gu 68.1932 / - J 2d guar as .1934J - J

1,000. :0145A

112n 100114251%71

Pitts dr L E-2d g 5s_Jan1928 A - 0 100

McK & Belle V 1st g 6s.1918 J - J Michigan Central 5s____1931 M- S

101

104% Registered 1931 Q - M 22:000000 105

104 48 HMO J - J 90 9034 Jack L & S gold 3345_1951 M- S 1st gold 33/3s 1952 M-N 4,000 81 83% Sale 83% Jan. 3120-year debenture 4s..1929 A - 0 108,000 8,000 883/3 Sale 90 Sale 883/3 Jan. 3NY Chic & St L 1st g 4s.1937 A -0 39,000 40,000 93 Sale 95 Sale 93 Jan. 3Registered 1937 A - 0 I

West Shore 1st 4s guar_ _ 2361 J - J 60,000,25-year debenture 4s_1931 M-N 9,000 -4(7),:oigg g 3 gate g]i, s8opRegistered 2361 J - J 13,0001

2" NY C Lines equip 5s___1918 M- N 4,0001

28,000, 89 90 1

101m

Equip tr 4%s Ser P _ _ 1924 J - J 1,000; 01,000 100 100%

Sale

N Y Connect 1st gu 43/3s A 1953 F - A 8,000 48,000 0731 0731 001i N Y dr Greenwood L. See ErieNY&Flar, SeeNYC&HRN Y Lack & West. See D L &WN Y L Erie & West. See ErieN Y & Long Bch. See Cent N JN Y New Haven & Hartford-Non-cony debenture 33/3s '54 A -0 4,000 :72 72 72% 72 •" Jan. 7Non-cony debenture 48_1055 1 - J 14,000 II 80% 813/3 8034 8131 8034 Jan. 28Non-cony debenture 4s_1956 M-N 31,000, 8,00081% 813/ 8078 83 813% Jan. 13Convertible deben 3%8_1956 J - J 20,000 100,0001 71% 73 72% 73 71N Jan. 4Convertible deben 6s_ _ _1948 J - J 115,000Harlem It & Pt Ches 1st 4s'54 MN

86,000, 115% Sale 115% Sale 114% Jan. 4 86% B & N Y Alr Line 1st 48_1955 F - A

Cent N E 1st guar 4s.. 1961 J - J 36,000 76 82Housaton fit con g 5s_ _ 1937 M- N 105% NY Proy & Bos gen 4s_1942 A -0 N Y W'ches & B 1st 4%s1946 J - J 126,000 167,000NH& Derby con coup 55_1918 M- N New Eng ItR cons 48_ _1945 J - .1 Providence Sec deb 4s__1957 M- S Proy & Springf 1st 58 __1922 J - J Providence Term 1st 48_1956 M- S N Y & Northern. See N Y Cent

NY Ont & V 4Ist g 4s June 1992 M- S 50,0001Reg $5,000 only__ _June 1992 M- S

18,000 803% 813% 81% Sale 807% Jan. 10

General -0 N Y & Putnam. S e e N Y C75151 j -D

78 79% 76 7734 N Y & Rock Beach. See Long IsN Y Susq Sr Western. See ErieNorf Sou let & ref A 5s_ __1961 F - A Norfolk & South 1st g Se.. 1941 M-N 3,000

12,000 84 85% 80 84 Norfolk & West gen g 6s_ _ 1931 M-N 23,000

1,000 95 97 96% 97 Jan. 4 97 Jan. 4

2,000 120% 120% 122 120% Jan. 4 3121%Jan. 281193% Jan. 14 119% Jan. 14Improvern't & ext g 6s__ 1934 F L A 15,000

15,000 119 120 119% New River 1st gold 6s.._1932 A -0 11,000 10,000 11934 120 120 120 Jan. 19 120 Jan. 19Nor & W Ry let con g 4s.1996 A -0 258,000' 311,000 939-1 Sale 933/3 Sale 9311 Jan. 24 94 Jan. 10,Registered 1996 A - 093 I4,000 Div 1st & gen g 4s___1944 J - J 74,000, 113,000 893/3 Sale 903% 9110-25-year cony 4s___1932 J -D 22,000

89% Jan. 3 91 Jan. 25,69,000 120% Sale 113% Sale 113% Jan. 31 12131 Jan. 4,10-20-year cony 4s___ 1932 M- S 1,000

Convertible 134s11,000 121% 115 11534 11934 Jan. 19 119% Jan. 19 1938 M- S 121,000 256,000 1213/3 1223/3 1151/3 Sale 11531 Jan. 27 12234 Jan. 4Foca C & C Joint 4s_ _ _1941 J -D 64,000 37,000 8934 Sale 8934 9031 8934 Jan. 13 9031 Jan. 29Col Con & T 1st gu g 5s_1922 J - J 1,000 10334 104% 103% Scio V & N E 1st gu g 4s_ 1989 M- N 17,000 13

103% Jan. 17 103% Jan. 17

Northern Ohio. See L Erie & W ,000 91 92 93% Sale 91% Jan. 12 93% Jan. 31

I North Pacific-Prior 4s.. 1997 Q - J 899,000 1,041,000 03 Sale 94 Sale 9231 Jan. 3 9431 Jan. 26Registered 1997 Q - J I 6,000 923% 933/3 94General lien gold 3s_Jan 2047 Q - F 762,000, 754,000 865% Salo 67 SaleRegistered Jan 2047 Q - F i63% 3,000 65

1St Paul-Dui Div g 4s_ 1996 J - D I 90% 9034

114% Sale94% Sale

83% Sale81% 83%92% Sale

92%79 Sale78 80887% Sale78 80% 8096 96%

99

98%88%103%9389% 9081

104% 89% Sale99114%

RANGE FOR YEAR 1915.

Lowest.

Sale Prices.523% Nov. 1068 Oct. 21

113 Jan. 3,1177% Jan. 13943% Jan. 27 953/3 Jan. 11

8234 Jan. 28 8334 Jan. 14

9234 Jan. 12

77% Jan. 778 Jan. 178434 Jan. 477 Jan. 2076 Jan. 15

8931 Jan. 31

9331 Jan. 21

30 Aug. 20

313% .Tan. 1272 Dec. 17

Highest.

Sale Prices.573% Oct. 1368 Oct. 21

30 Aug. 20

41 April 2372 Dec. 17

9934 May 10 114 Dec. 3186 May 10 9434 Dec. 30

76 Aug. 24753/3 Feb. 1984 April 691 Dec. 1

79% Jan. 478 Jan. 1788 Jan. 26803% Jan. 2977% Jan. 28

71 Oct. 171 June 777 Aug. 3683% Jan. 1367 Aug. 309234 June 10

8834 Nov. 30

87 Sept. 2086 Jan. 685 June 10

91% Jan. 410134 Mar. 16033 Nov. 5

104 10331 Jan. 20 1033% Jan. 26101%83%

84 Nov. 23823/3 Nov. 229331 Nov. 1991% Dec. 7

8034 Nov. 237834 Nov. 2487 Nov. 207034 Nov. 2776% Dec. 3963% Dec. 28

8834 Nov. 30

8921/3 Dec. 16fiei Jan. 685 June 10

1017% Jan. 1392 Nov. 26

113 May 3 113 May 31019-1 Jan. 1810391 AprIl 28

81

7680 Nov. 867 Oct. 29

100 Oct. 21

96 Feb. 281 Sept. 2381 May 2590 Feb. 2591 Jan. 5883j July 1091 Oct. 5

85 Sept. 475 Dec. 9

101 Mar. 25

07 Feb. 38863% Nov. 2282 Mar. 4953/3 Nov. 1592 Jan. 20943% Dec. 3191 Oct. 5

1043/3 Dec. 14 10434 Dec. 14103 Jan. 2 103 Jan. 2

10234 May l010434 Dec. 4104 Dec. 3 104 Dec. 3

85 Jan. 179034 Jan. 3195 Jan. 27

7934 Aug. 6 833% Nov. 2478 April 5 883% Dec. 2988 Aug. 26 9434 Nov. 19

-8:-3- -Jan. 3 833/3 Jan. 13 75 Sept. 23 8334 Nov. 1991% Jan. n. 27 93 Jan. 3 86 Sept. 1 93 Dec. 228, J

13 90 Jan. 11 857% June 2 90 Nov. 18102 Jan. 20 102 Jan. 20 100% Jan. 25 10034 Jan. 25 993% Dec. 8 993.1 Dec. 8979-1 Jan. 4 993/3 Jan. 27 9434 Feb. 15 98 Dec. 1

72 Jan. 7813/3 Jan. 1282 Jan. 1173 Jan. 11116 Jan. 14

63 Jan. 11 72 Nov. 1671 Feb. 18 80 Oct. 1170 Mar. 23 8231 Nov. 27613/3 Mar. 6 73 Nov. 11101 Feb. 25 1173% Nov. 22

83 81 8131 Jan. 15106

82 81 Sale .100%

65 62%

81 Jan. 26

82 Jan. 15

82 Jan. 18

71 Oct. 1 81 Nov. 22105 Feb. 9 1053/3 May 14

6634 Feb. 26 84 Dec. 9

55 Mar. 23

82 Jan. 26

Registered 1996 J - DDuluth Sh Line let gu 5s 1916 M- S 4,000,C B & 0 colt tr 4s. See Ct Nor ISt P & No Pac gen g 68_1923 F - A 6,000

Registered certificates 1923 Q - F I8t Paul dr Duluth let 58_1931 F - A

653/3 Jan. 5 67 Jan. 311

7434 Aug. 20

73 Oct. 23

58% Feb. 6

82% Feb. 9

80 April 7

79 Dec. 2 83 Dec. 1705 Nov. 15 102 Jan. 22115 Aug. 31 120 Feb. 91163i Sept. 18 119 Feb. 10119 April 1711934 Dec. 10863% Aug. 23 9434 Nov. 229331 Dec. 11 0331 Dec. 118534 Aug. 9 92 Nov. 189834 Feb. 17 12134 Doc. 16993% Jan. 15 122 Dec. 15101 Feb. 26 12234 Dec. 158634 Sept. 17 913/3 Nov. 13

8431 Sept. 11 923% Nov. 26

889 Feb. 24 949/3 Nov. 22883j Jan. 5 93 Nov. 2062 Feb. 24 667-/3 Nov. 2461 Feb. 20 6534 Oct. 2590"34 Nov. 18 903( May 13

I _1,000 1003/3 10034 1003/3 Jan. 4 1003/3 Jan. 4 100-Oct. 20 10.03% Dec.31,4?4 1

,3,000 110 11034 1093% 11034 110 Jan. 10 110 Jan. 11. 10931 June 23 11134 Feb. 15

10934 Oct. 25 10934 Oct. 25 10434 10634 , 102 Feb. 27 102 Feb. 27

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

FEB., 1916 BONDS-STOCK EXCHANGE RECORD 27

BONDSN Y STOCK EXCHANGE

In:.Per-iod.

Sales inJanuary1916.

Northern Pacific-(Con.)St Paul & Duluth 2d 5s_1917 A -

1st consol gold 4s____1968 J -DWash Cent Hy 1st g 49_1948 Q - M

Nor P Ter Co 1st g 6s____1933 J - JNorth Wiscon. See C St PM&ONor & Mont. See N Y Central

Ogd & L Champ. See Rutlandhio .nd & W. See CCC&StL

Oregon & Cal. See Sou Pac CoOre RR & Nay. &e Union PacOregon-Wash 1st & ref 4s1961 J - JOswego & Rome. See N Y Centpacific Coast Co 1st g 59_1946 J -D

acific of Missouri. See Mo PacPenn RR 1st 4s real est g_1923 M-NConsol gold 5s 1919 M- SConsol gold 4s 1943 M NConsol gold 4s 1948 M-NConsol 43s 1960 F - AGen 4%s 1965 J -DAlleg Val gen gu g 4s 1942 M- SDel RivRRIldg 1st gu g 4s '36 F - APhila. Bait & W 1st g 4s_ 1943 M- NSod Bay & So 1st g 5s_ _1924 J - JSunbury & Lewis 1st g 4s1936 J - JUNJRR & Can Co gen 491944 M- S

Pennsylvania Co-gu 4%9.1921 J - JRegistered 1921 J - J

Gu 3%s coil tr reg ctfs 1937 M- SCu 3%s coil tr ctfs B 1911 F - ATrust Co ctfs gu g 3%9_1916 M- NGu g 33s tr ctfs Ser C 1942 J - DGu g 3s tr ctfs Ser D_1944 J - DGuar gold 15-25-year 49_1931 A - 040-yr gu tr ctfs 4s ser E_1952 M-NCin L&N 1st con gu g 4s_ 1942 M- NClev & Mar 1st gu 4%9_1935 M- NClev & Pitts gu g 4;49 A.1942 J - J

Series B 4;49 1942 A - 0lot reduced to 3%%_1942 A -Series C 33s 1948 M- NSeries D 3%s 1950 F - A

Erie & P gen gu g 3%s B.1940 J - JSeries C 1940J - J

Gr R&I ex 1st gu g 4%9_1941 J - J 23,000'Ohio Connect 1st gu 49..1943 M- S Pitts Y & Ash 1st con 59_1927 M- N To1WV&O 1st gu 4;49 A.1931 J - J

Series B 43s 1933 J - J Series C 4s 1942 M- S 1,000

PCC&StL gu g 4%sSerA1940 A - 0 5,000Series B guar 1942 A - 0 80,000Series C guar 1942 M- N Series D 4s guar 1945 M- N 2,000Series E 3%s guar g...1949 F - A Series F cons 4s gu g__1953 J -D Series G cons 45 guar_ 1957 M- N Series I cons 4%s gu_ _1963 F - A 7,000

Ch St L & P cons g 5s_ 1932 A -Pensacola & Atl. See Lou&NashPeor & East. See C C C & St LPeor & Pek Union 1st g 69_1921 Q - F Second gold 4%s_ _ _Feb 1921 M- N

Pere Marquette-Ref 49..1955 J - J Refunding guar 48 1955 J - J 10,000Chic & West Mich 5s 1921 J - D Flint & Pere Marq g 69_1920 A - 0

First consol gold 5s_ _ _1939 M-N 2,000Pt Huron Div 1st g 58_1939 A - 0

Sag Tu & Hu 1st gu g 4s_1931 F- A Philippine Ry 1st 30-yr s f 49'37 J - J 1,000Pine Creek. See N Y CentralPitts C C & St L. See Penn CoPittsb Clev & Tol. See Halt & 0Pitts Junction. See Bait & OhioPitts & Lake E. See N Y CentPitts McK & Y. See N Y CentPittsb Shen & L E 1st g 5s_1940 A - 0

First consol gold 5s 1943J - JPittsb & West. See Bait & OhioPitts Y & Ashtab. See Penn Cobeading Co gen gold 45_ _1997 J - J 439,000" Registered 1997 - J 2,000

Jersey Central coil g 4s_ _1951 A - 0 8,000Atl City 1st con gu g 49_1951 J - j

Qag Tusc & H. See Pere Mare"-it Jos & Cr Isl let g 45_ _1947 J - jSt Law & Adir. See N Y CentSt L& Cairo. See Mobile & OhioSt L Iron Mt & So. See NI° PacStLMBr. SeeTerRRAssn ofStLSt L & San Fr-Gen g 6s...1931 J - .1

General gold 5s 1931 J - J aggSt L & S F RR cons g 49_1996 J - J

General 15-20-year 5s_1927 M- N 16,000Trust Co ctfs of deposit_ A - 0 131,000do stamped 25,000

South West Div g 5s_ _1947 A - 0 Refunding gold 45_ ___1951 J - J 27:000000

Trust Co ctfs of deposit 2

K C Ft S & M con g 6s_ _1928 M- Ndo stamped 21145:000000

K C Ft S & M Ry ref g 4s1936 A - 0 92,000KC&M R&B 1st gu g 5s_1929 A - 0

St Louis South. See Ill CentralSt Louis Southw-lst g 45_1989 M- N 159,000

2d g 4s Inc bd ctfs Nov 1889.7 - J 5,000jConsol gold 49 1932 J - D 37,000,1st terml & unit' .5s 1952 J - J 20,000Grays Pt Ter 1st gu g 5s_1947 J - D

St Paul & Duluth. See No PacSt P Min & Man. See Gt NorthSt Paul & Nor Pac. See No PacStP&Siouxe. See C StP M & 0SA &AP 1st guar g 4s 1943 J - JSF&NP lstsfg 5s 1919J - JScioto Val & N E. See Nor & WSeaboard Air Line g 45__ _1950 A -0 1,000'Stamped 1050 A - 0 57,000'Adjustment 5s Oct 1949 F - A 356,000Refunding 4s 1959 A - 0 75,000Ati-Bir 30-yr 1st g 4s..May'33 M- SCam Cent 1st cons g 4s_ _1949 J - JFla Cent & Pen 1st g 5s_1918 J - J

1st land grant ext g 59_1930 J - JConsol gold 5s 1943 J - J

Ga & Ala 1st cons 5s Oct 1945 J - JGa Car & Nor 1st gu g 5s 1929 J - .1Roca) (- rinfinnit.lqt Cgs 1090 - j

5,0001,000'

52,000

1,000

162,000459,000

1,029,00023,000,8,000

2,00085,000'

2,000,2,000;6,000: 13,000,

28,000•1,000

2,000

Sales inDecember1915.

PRICES IN JANUARY. RANGE FOR YEAR 1915.

Jan. 3. I Jan. 31. 1 Lowest. Highest. I Lowest. ! Highest.

$ Bid. Ask: Bid. Ask.! Sale Prices. Sale Prices. I Sale Prices. i Sale Prices.• 13,000 ,101N '101% 1 , my, Jan. 23 102 Dec. 23 1 90 92% 88 90 1 88 June 1 90 Nov. 23 84 9134 88 90 90 Jan. 27 90 Jan. 27 88 Nov. 19 9134 Nov. 246,000 111 11134 112 11134 Jan. 21 11134 Jan. 21 110 Aug. 4 113 June 2

235,000 88 Sale 8734 87 Jan. 19

13,000 94 93 94 94 Jan. 13

3,000 9734 9934 98 103% 102% 27,000 98 9934 98 9934

120,000 998% Sale 9934 Sale455,000, 10534 Sale 106 Sale

1,618,000 1008% Sale 102 Sale12,000 9634 99 96% 97 94 96 Sale 99 99 99%

92 92% 11,000 99 9934 9934 993429,000 10134 10134 101% Sale2,000 10034 10134 I 85 8634 85 1,000 85 86 85 9934 10034 9934 85 86% 85 85 8634 85 863420,000; 94 95 9434 Sale I 90% 93% 5,000: 893/2 90 97% 5,000, 10334 1041,000 10334 104 84% 84% 84% 84% 84% 84% 86% 86% 86% 86% 5,000 98 99 I 9834 Sale 92% , 92% 102% .102% 99 '99 99 99 92 94 93 28,000 101 10134 1013% 55,000 101 1013/ 101% 101 101% 1,000 9434 9534 91% 91% 94% 95% 94% 95% 100% 101% 104% 104%

1,000

10,0002,000

11 19%11 18%78% 102 72

50

1,000 108%

63

376,0005,0007,000

2,000

2,00019,000

57,000101,00085,000

95 Sale92% 93%95% Sale94

60

108 102 Sale79 5349% Sale46% Sale

13,000

226,000133,000'

132,000,1,000,

192,0001

14,000'59,000;5,000

71% Sale 73

1097790

66111%Sale

79% Sale60% 6965% Sale69 70100

131480

15Sale831027562%

88 Jan. 3

04 Jan. 13

9934 Jan. 8 100 Jan. 410534 Jan. 3 10634 Jan. 211008% Jan. 3,102 Jan. 21968% Jan. 28 968% Jan. 2896 Jan. 31 96 Jan. 31

7934 July 14 90 Nov. 22

9334 Nov. 30 9834 Jan. 15

96 May 14 .9934 Dec. 9102 May 29 10334 Sept. 395 Sept. 17 9934 Dec. 99634 Sept. 17 10034 Nov. 171018% Aug. 30 1068% Nov. 1997 May 221018% Dec. 1938% April 13 968% Dec. 14

968% Sept. 16 9934 Nov. 27

9934 Jan. 29 9934 Jan. 29 988% Feb. 19 3100 Nov. 24101 Jan. 4 102 Jan. 11 9934 June 710234 Jan. 29 I 9934 May 24 101 Dec. 9

8634 Jan. 6 8634 Jan. 6 8534 Nov. 5 8534 Nov. 585 Jan. 5 85 Jan. 5 84 June 4 86 July 219934 Jan. 14 10034 Jan. 17 99 April 26 9934 Oct. 21

, 83 Feb. 8 83 Feb. 885 Jan. 11 85 Jan. 11 81 Aug. 2 81 Aug. 29434 Jan. 7 95 Jan. 18 8934 Aug. 18 9434 Dec. 99334 Jan 24 9334 Jan 24

8934 Dec. 231 90 Dec. 3 973% Aug. 16, 9794 Aug. 16 104 Dec. 24104 Dec. 24 8104 Dec. 22 8101 Dec. 22

98% Jan. 5 98% Jan. 5!

8334 June 16

95 July 8

8334 June 16

100 Feb. 1

9694 Aug. 26 9834 Oct. 26 9834 June 10 9834 June 10

9334 Jan. 10 9354 Jan. 10,1 1013% Jan. 4 10134 Jan. 61 98 July 29 101% Dec. 110134 Jan. 5 10134 Jan. 28: 973% July 20 101% Nov. 29 I 9734 July 13 10134 Feb. 5

95 Jan. 15 9534 Jan. 28' 9234 Sept. 4 94 Dec. 14 1 90 Mar. 121 9134 May 19

I 9234 Aug. 91 933% May 2110134 Jan. 7 10134 Jan. 28 10034 Nov. 4 10034 Nov. 4 - _1104 Nov. 22i104 Nov. 22

10134 May 1 102 Nov. 1085 Dec. 81 85 Dec. 8

14 Jan. 31 14 Jan. 311

74 Jan. 15 74 Jan. 15

55 30 Jan. 11

106% 108%

9534 Sale 9114 Jan. 3923% 9434 9234 Jan. 494 95 Jan. 2094

60 61

109 Sale102% 10470 47% 49%47% Sale47 Sale

69% 69% 72%63% 65110 Sale76;4 7790

78 Sale62 65% 68%66% 69%100

60 Jan. 6

50 Jan 111

1134 June 261 11% June 2672 Aug. 18, 75 Dec. 890 Mar. 8 101 Dec. 206534 Mar. 2 73 Nov. 1965 Mar. 23 68 July 23

105 Dec. 17 10534 Nov. 16

9634 Jan. 2594 Jan. 21195% Jan.

91 July 3 9534 Nov. 2390 July 16 94 Oct. 289034 Sept. 8 9534 Dec. 21

60 Jan. 6' 60 Dec. 10 63 April 29

109 .Tan. 171110 Jan. 20 1057% June 1 110 Dec. 3102 Jan. 3'102% Jan. 8 9834 Sept. 10 10334 Dec. 6

_5034 Jan. 17 52 Jan. 11 35 Jan. 91 57 Nov. 104734 Jan. 31 5154 Jan. 13 3234 Mar. 10 5634 Nov. 84634 Jan. 3 48% Jan. 13 3234 Mar. 5 85634 Dec. 2

90 Nov. 10 90 Nov. 107134 Jan. 3 7234 Jan. 101 6534 Jan. 91.73 Nov. 2670 Jan. 24 70 Jan. 24 6034 July 15; 72 Nov. 96334 Jan. 28 6634 Jan. 10: 5934 Sept. 14' 70 Nov. 2610934 Jan. 28 1108% Jan. 14 ,100 Dec. 3 110 Feb. 207634 Jan. 21 77 Jan. 31 66 Sept. 3' 8034 Nov. 20

, 9134 Dec. 14' 9134 Dec. 141

7834 Jan. 28 80 Jan. 41 673% Sept. 17, 81 Nov. 236234 Jan. 24 6334 Jan. 6 52 Sept. 21865 Nov. 3065 Jan. 7 653% Jan. 18 5134 Aug. 271 68 Nov. 2665 Jan. 19 70 Jan. 11 6834 Dec. 17 6834 Dec. 17

49,000,12,00035,000 70% 71% 69% 693% 69 Jan. 21 70% Jan. 7 65 July 30 80 Jan. 253,00010134 Sale 10134 10134 Jan. 310134 Jan. 26 9934 Mar. 251018% Dec. 3

82 85 8234 84 823% Jan. 25 8234 Jan. 25 883 Nov. 51 85 Nov. 99,000 8234 Sale 82% 8334 82 Jan. 13 83 Jan. 19 78 Jan. 14'

% 843 Nov. 27/3481,000 68 Sale 6834 Sale 68 Jan. 3 70 Jan. 18 59 Feb. 23 72 Nov. 3

266,000 70 Sale 70% 71 70 Jan. 3 7134 Jan . 17 66 Feb. 3 74 Nov. 241,000 8834 8734

. 83% 83% 81 Jan. 8 90 Nov. 23

100 100% 84% Feb. 15! 853-4 Mar 1

1,000, 1 100 101 Dec. 28 101 Dec. 28 99% Sept. 8 100% June 28

I 2,000 102 1023% 1007% April 13 102 Dec. 303,000 2,000; 10334 10334 10334 Jan. 19 10334 Jan. 19 10034 Jan. 8 10434 Dec. 302,000, 2,000 10234 10234 1023% 103 Jan. 6 103 Jan. 6 10034 Jan. 19 103 Dec. 310014 101 001 Aim. 2R 10114 Niqr 4Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

28 BONDS-STOCK EXCHANGE RECORD. [VOL. 102.

BONDS Int. Sales in Sales in PRICES IN JANUARY.Per- January December

Y STOCK EXCHANGE iod. 1910. 1915. Jan. 3. Jan. 31. Lowest. Highest.

RANGE FOR YEAR 1915.

Lowest. Highest.

Stier Shr dr So-See Mo K dr T $ $ Bid. Ask. Bid. Ask. Sale Prices. Sale Prices. Sale Prices. Sale Prices.811 Sp 0 d:. G-See Atl Coast LSou Caro dr Ga-See SouthernSouthern Pacific Co-

4s g Cent Pac collAug 1949 J - D 194,000 144,000 8634 Sale 87 Sale 8634 Jan. 3 88 Jan. 11 7934 Aug. 26

Convertible 4s ____June 19291M- S 1,482,000 2,115,0001 8934 Sale 89 Sale 8834 Jan. 28 8934 Jan. 13 793% Sept. 11

Convertible Os 1934J -D 1,962,000 1,779,000 11073/ Sale 100 Sale 106 Jan. 31 10734 Jan. 14 9534 Feb. 23

Cent Pac 1st ref gu g 48_1949 F - A 583,000 800,000 9034 Sale 90% 9034 90 Jan. 3 91 Jan. 26 833% Aug. 30

Registered 1949 F - A 86% Mar. 20

Mtg gu g 3%s_ __Aug 1929 J -D 59,0001 65,000, 8934 90 8934 90% 8934 Jan. 12 my, Jan. 22 84% Sept. 13

Through St L 1st gu g 48'54 A - 0 3,000, 5,000, 863% 87 86% 8634 Jan. 4 8634 Jan. 61 8234 Sept. 21

Gal H & San Ant 1st 5s_1931 M-N 1 7,000, Gila V G & N 1st gu g 58 1924 M- N 2,0001 1

105 101 104 100 Sept. 13 10034 Sale 10034 Jan. 29 10034 Jan. 31

.

13 E dr W T 1st g 5s_ _1933 M-N 1,0001 10,000, 10034 10234 102 Jan. 11 102 Jan. 11 100 July 12 103 Jan. 29

1st gu g O's redeem_ ___1933 M-N 1,0001H&TexC 1st g 5s int gu_1937 J - J

A & N W 1st gu g 5s____1941 J - J 100 100 100 Mar. 6 103% Nov. 1

Louisiana West 1st 6s__1921 J - J

, n_ 1921 A -0 5,000 /Waco & N W 1st g 68_1930 M-N

10,000, 101 102% 1100523x: 110103 102% Jan. 6 103% Jan. 21 99% June 18 101% Dec. 1

12,000 93%

94,000 106%

111

106% 94% Jan. 14 95% Jan. 20 93 Jan. 12 95% Jan. 28

102% Sept. 10 107 April 20

Gen gold 4s it guar.. 1921 Nov. 10 10934 Nov. 10

Morgan's La dr. T 1st 7s_1918 A - 0 1 10434 108 10414 10534 10434 July 0 10434 July 9

First gold 6s 1920J - J 1,000, 3,000 10434 106 105 Jan. 11 105 Jan. 11 10434 Dec. 3010434 Dec. 30

Nor of Cal gu gold 5s___1938 A - 0105 105 Oct. 29 105 Oct. 29

Ore &Cal 1st gu g 5s___1927 J - J 41,000/ 64,000 10234 10234 102 10234 10134 Jan. 12 10234 Jan. 4 9934 Feb. 24 103 Dec. 23

So Pac of Cal 1st cons 5s 1937,M- N 106 10734 S P Coast 1st gu g 4s___1937,J - J 92 92 Ban Fran Term 1st 4s___1950, A - 0 112,000 80,000 8534 Sale 8534 Sale 85 Jan. 4 86 Jan. 11 7734 Feb. 24 8634 Nov. 23

Tex dr N 0 cons g 55_-_19431J - J 97 So Pac RR 1st ref gu 4s_1955 ,J - J 842,000 743,000 9034 Sale 9034 Sale 90 Jan. 4 91 Jan. 21 8334 Mar. 3 9034 Nov. 23

Southern-1st cons g 5s__1994'J - J 420,000 346,000 10234 Sale 10234 Sale 10234 Jan. 2110334 Jan. 18 9634 Sept. 18 10334 Nov. 18

Devel dr gen 4s, Ser A__1956 A -0 746,000 534,000 7134 Sale 7234 Sale 7134 Jan. 7 7334 Jan. 24 5834 July 23 7234 Nov. 26

Mob dr 0 colt tr g 4s_ ___1938 M- S 15,000 5,000 72 78 75 78 75 Jan. 10 78 Jan. 7 08 Oct. 11 7734 Dec. 6

Mean Div 1st g 434-5s__1996 J - J 3,00010234 10234 102 108, 8198% Oct. 6 10334 Nov. 29

at L Div 1st g 4s 1951.1 - J 6,000 23,0001 8334 Sale 8234 8434 8234 Jan. 7 8434 Jan. 3 8034 Mar. 23 8534 Nov. 22

Ala Cent RR 1st g 6s 1918 J - J 10034 10034

All &Char AL lst A 4%s '44 J - J 2,000 2,0001 9834 96 Sale 96 Jan. 31 96 Jan. 31

Ala Gt Sou 1st CODS A 5s 1943 J - D 99 99

411 dir Danv 1st g 4s____1948 J - .1 1,0001 8334 8434 8234 8434 Second 4s 1948 J - J I 7434

Atlan dr Yad 1st gu g 48_1949 A -0 74 81 75 81 i

€ T Va dr Ga div g 5E3_1930 J - J 1,000 103 1035% 10334 Jan. 12110334 Jan. 12 10234 May 24Cons 1st gold Os 1956 M- N 29,000 27,000-105 10534 Sale 10534 Jan. 610534 Jan. 6: 10034 Sept. 18

€ Ten reorg lien g 5s___1938 M- S 7,000 1,000 98 101 9834 101 100 Jan. 18 101 Jan. 17; 9734 Oct. 18Georgia Midland 1st 38_1946 A - 0 1,000 2,000 56 60 5734 60 57 Jan. 5 57 Jan. 5, 60 Nov. 17Gi Pac fly 1st g 6s 1922 J - J 3,000 6,000 106% 107%307% Sale 10734 Jan. 1410734 Jan. 31; 105 Sept. 28Knox dr Ohio 1st g 6s 1925 J - J 5,000 3,0008

1

108 Jan. 5, . 1 10534 Dec. 23ob dr Birrn pr lien g 58_1945 J - J MMortgage gold 4s_ ___1945 J - .1 72 1106098 72

B dr Danv Deb 5s stpd 1927 A - 0 10,000 102 10234 Rich & Meck 1st g 4s___1948 M- N 68 So Car dc Ga 1st g 5s____1919 M -NI 1,000 10134 10234102 102 Jan. 24 102 Jan. 24 100 Jan. 25,103 Nov. 30

Ta Mid-Series C, 0s_ __1916 M- S; Series E, 5s 1926 M- S' 101% 100

100% Mar. 2'100% Mar. 2

Series F, 5s 1931 M- S 102 10234 Virginia Mid, gen 5s__1936 M-N

4,000.K3 10434 Sale 10334 Jan . 10'10434 Jan. 31, 102 Jan. 26 103 April 26

TA &S W 1st gu 5s____2003 J - J 1,000, 110022% 103 10234 103 10234 Jan. 2&10234 Jan. 26 100 Mar. 5 10234 Nov. 26

First cons 50-year 58_1958 A -0 6,000 7,000 89 9234 89 90 90 Jan. 26 9034 Jan. 19 81 Sept. 29 9034 Dec. 20

W 0 4: W 1st cy gu 4s_ _1924 F - A 1,000 93 93 91 Nov. 5 93 Dec. 17

Ipokane Internat 1st g 53_1955J - J 1,000 6,000 92 95 93 95 93 Jan. 10 93 Jan. 10 88 Oct. 22 92 Dec. 4

er Assn of St L 1st g 434s 1939 A -0 23,000 5,000 9834 Sale 995% 9834 Jan. 3 9934 Jan. 21 9334 Sept. 30 9934 Mar. 27

First cons g 5s 1894-1944 F - A 15,000 17,000 103 10434 Sale 10334 Jan. 17 105 Jan. 29' 10034 Oct. 5 1043% Dec. 8

Gen ref s f gold 4s 1953 J - J 42,000 42,000 87 87 Sale 86 Jan. 7 88 Jan. 14 7934 Oct. 5 8734 Dec. 29

81 L 111 Br Ter gu g 5s__1930 A - 0 1003410134 89834 Oct. 11 100 Mar. 11

Texas (1; Pacific 1st g 5s__2000 J -D 82,0001 114,000 05 Sale 97 Sale 95 Jan. 3 97 Jan. 28, 9134 Oct. 8 99 Dec. 16

1,000 88 92 89% 90 90 Jan. 14 90 r°601 Nm N.V. 2'2Second income 5s____2,000 Mch 23,000La Div L 1st g 5s____1931 .1 - J 1,000

23 35 35 36 35 Jan. 21 35% Jan. fil & IV:WMWdeNWlstgu 5s 1930E-A 95 951 it Ohio Cent-lst g 5s_1935 J - J 7,000 9,000 102% 103 103 Jan. 20 103 Jan. 20 9934 June 29-0744tern Div 1st g 5s__1935 A - 0 5,000 11,000 10234 10234 8102 Jan. 25 10234 Jan. 17 100 Oct. 29KIederal gold 5s 1935 J -D 100 97 , -AA a 0.-. IV 1st gu g 4s__1990 A -0 1,000, 85 83 8534 84 Jan. 20 84 Jan. 20 86 Mar. 5 8634 Feb. 15

rlecond 20-year 5s_ ___1927 J - .1 35,000 10,000 983% Sale 9834 9934 9834 Jan. 28 9834 Jan. 3 92 July 27 99 Dec. 21

VW Peor d: W 1st gold 43_1917J - J 1,000 6,000 60 63 TN t L & W-Pr 1 g 334s 1925 J - a_ .1 2,000, 51,000 83 8434

60 61 Jan. 19 61 Jan. 19 62% June 8 68 Jan. 15

"My-year gold 4s 82% 83 Jan. 14 83 Jan. 14 72% Aug. 11 87 Nov. 20

1950 A - 0 52,000 45,000 57% 58 58% 59 58 Jan. 4 60 Jan. 14 4234 Jan. 16 58 Dec. 21

Coll trust 48 g Ser A_ 1917 F - A 16 18,4 ?or H &B 1st g 4s_ _July 1946 J -D 1,000 8334 84 Sale 84 Jan. 31 84 Jan. 311 8234 Mar. 19 873% Nov. 3

I Tinter dr Del 1st con g .58_1928 J -D '-' First refund g 4s_ __ _1952 A - 0

2,000 10034 10134 101 102 1 ?I tiaa. N 102 Dec.ar 2g

Talon Pac RR k. Id grg 48_1947 J - J 432,.000 402,000 3971,1 Sale 98 Sale 9734 Jan. 3 98 Jan. 19 0234 Aug. 23 98 Nov. 26

Registered J - J 97 1692 Oct. 4 9534 May 24

29-year cony 48 1927J - J 639,000, 511,000 93% Sale 94 Sale 9334 Jan. 4 9434 Jan. 26' 88 July 7 94 Nov. 22

First dr refund 45_ _June 2008 M- S 374,000 327,000 904 Sale 91 Sale 9034 Jan. 4 91 Jan. 11; 8434 Sept. 16 9234 May 4

Ore RR dr Nay con g 48_1946 J -D 120,000Ore Sit Line 1st g Cs_ 1922 F - Ai 14,000'

ing lin Sale 91% 9234 ' 913% Jan. 19 9234 Jan. 27, 87 Sept. 10 19093A% ANDpoeervi.l. 213620

First consol gold 59_1946 J - .11 3,000 15,000; 106 Sale 110080% 34 Sale 108% Jan. 17 108% Jan. 14 107% Jan. 168 106

Guar refund gold 4s 1929 J - Di 403,000 187,000 9234 Sale 9334 Sale 16026u jaann.. I lig% Rini.. a 100% Oct.

Utah dr Nor gold 5s____1926 J - J 87% Juie 28 94% Nov. 10

1 90 90

102 Sept. 23 1031j, .13cur. 13

I 93% Oct. 26 93let extended 4s 2,000, 10214 102% 102%

1933 J - J Vandalla consol g 4s____ 1955 F - A

1 93% 99 93 99

1 87 86 I 1 (2 % Sept.

.. g V Sept.Ag. Bv Consol 4s, Series B_ _1957,M- N

Vera Cruz dr P 1st gu g 4%81934 J - J 1 90 93 90

Virginian 1st 5s series A__1962 M-N 418,000Wabash 1st gold 5s 1939 M-N 212,000

150,0001 9734 Sale 9834 Sale 9714 Jan. 3 981A Jan. 12 92 Sept. 3 903% Jan. 30

192,000, 1033% Sale 10434 10134 10334 Jan. 4 10134 Jan. 28 97 Jan. 8 104% Nov. 26

Second gold 5s 1939 F - A 145,000 96,000' 9834 983% 9934 Sale 983% Jan. 4 100 Jan. 12 86 Jan. 16 100 Nov. 26

Debenture Series B 6s.._1939 J - J 70 110

let lien 50-yr g term 4s_ 1954J - J 2,0001 6953 34 94% 70

96% Jan. 28 96% Jan. 28 89% Mar. 1 ' 65 Aug. 16

1st lien equip s 1 g Ls_ __1921;M- El 21,000

let refund dr. ext gold 43_1956 J - J 1 ; 12 Sept. 10

quit Tr ctfs full paid 10,000 275,000; 107 Sale 107 Jan. 3107 Jan. 3 9314 Oct. 21

quit Tr stamped ctfs full pd 5,000 111,000' 104% Sale 11,000:1 46 Sale 4634 Jan. 4 4634 Jan. 4 3234 Oct. 21

10434 Jan. 310434 Jan. 3 91 Oct. 22Do part paid 10,000

Do do part paid_ 23,000 13,000;1 43 4534 Jan. 4 48 Jan. 5, 3134 Oct. 19

Del dr Ch Ex 1st g 5s___1941 J - J 3,000 1,000,103 103 103 Jan. 4 103 Jan. 13, 99 April 1

Des Moines Div 1st g ts_ 1939 J - J I 70 Omaha Div 1st g 314s_ _1941 A - 0 55 April 26

1 71 76% 72 76 71% , 66 Feb. 24Tol dr Chic Div 1st g 48..1941 M- S

9,000,

Wabash-Pitts Ter 1st g 4s_1954 J -D 386,000 2,000, 234 Sale 1% 234 134 Jan. 28 434 Jan. 20 1 Aug. 30

Cent,Tr dr Old Col Tr ctfs 1,980,000 779,000 2 Sale 134 Sale 1 Jan. 27 33% Jan. 18 % Aug. 27

o do 1st asst paid_ I 3.38,000 1 12 Sale 1134 Jan. 27 1334 Jan. 28 1234 Nov. 4

Columbia Trust Certfs _

I 65,000 40,000' 1% 234 1 3 1 Jan. 28 3% Jan. 18 % Aug. 6

Col Tr Ctfs for Cent Tr Ctfs 593,000 Second gold 9s

36,000, , 1% Sale 1 3 1% Jan. 24 3% Jan. 17, % Aug. 27x, m Sale

4 jJaarill:Trust Co Ws of deposit1954 J -D' 343,000 1 590,000 171 0001, 14 Sale % Sale

2:13 Vii Jan. g 4 Juulnye B

Wash Term 1st gu 3%s___1945 F - A' 5,000 . ' 8334 8434 833% 1st guar 40 year 4s 1945 F -A'I 92 93%

83% Jan. 17 83% Jan. 27 Tat JAuunge. VI

West Maryland 1st g 45.__1052 A - 0 156,000 122,000, 7234 Sale 71 Sale 71 Jan. 31 723% Jan. 3 54 Jan. 2

West N Y Or Pa 1st g .5s_1937 .1 - J, 70,000 25,000, 10334 104 10334 1033% Jan. 4 10334 Jan. 14 10034 May 20

General gold 4s 1943 A -0, 8,000 20,000, 8134 Sale 8134 83 8134 Jan. 3 81% Jan. 11 743% Sept. 10

1943 NovIncome Os 1 33 25 173% May 17I Wheel dr L Erie-lst g 5s__1926,A - 0 3,000 2,000; 102 Sale 98 10134 9814 Jan. 15 102 Jan. 3 96 Oct. 25

Wheeling Div 1st g 5s....1928 J - J 1,000 1, 95 99% 0'1'4 9834 99% Jan. 12 99% Jan. 12

Eaten &imp gold Zs_ _1930 F - A 2,0001 941% 9434 92 April 20

Wb & L E RR 1st con g 0_1949 M- S 13,000 30,000 7034 Sale 69 71 70 Jan. 24 71 Jan. 7 49 July 1

20-yr equip s f g 5s 1922 J - J 1 Winston-Salem S B 1st 45_1960 J - J '2,000 1,

,4 0001 87% 88 8734 86 Jan. 24 8634 Jan. 24 82 Oct. 11 89 Nov. 19

Wiscon Cent 1st gen g 4s__ 1949,J - J 61,000 63,000 87 Sale 87 Sale 86% Jan. 31 87% 8 D

Jan. 15 81 July 29

Sup& Duldiv & ter lst 4s. 1936,M- N 59,000 39,000! 8934 90 8934 Jan. 25 903% Jan. 28 8234 Oct. 20 889% Noecv.. 232

1 I ii

873% Nov. 229094 Nov. 27108 Nov. 59134 Nov. 228634 Mar. 2090 Nov. 2488 Nov. 26104 Nov. 30

99 Oct. 219634 Nov. 268534 Jan. 127534 Aug. 25

102% May 710534 Dec. 13100 Nov. 1660 Nov. 1710734 Dec. 2410534 Dec. 23

10134 Dec. 27 1023% Mar. 25

10334 Dec. 17103 Nov. 30

98 Oct. 2193 July 218334 April 237534 Aug. 25

9334 Nov. 2065 Aug. 1634 Jan. 2109 Nov. 150 Nov. 110734 Nov. 148% Nov. 110134 Dec. 30

7634 Dec. 21723% Feb. 168% Jan. 21934 April 3012% Nov. 48% May 18 Mar. 311% June 14134 Nov. 15

85 Nov. 309134 Aug. 1476 Nov. 29104 Dec. 182% Dec. 720 Dec. 9101 Nov. 30

963% Nov. 2673 Nov. 23

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

FEB 1916 BONDS-STOCK EXCHANGE RECORD 25

. BONDS Int. Sales in Sales in

N Y STOCK EXCHANGE loci. 1916 1913.

PRICES IN JANUARY. RANGE FOR YEAR 1915.Per- January DecemberJan. 3. Jan. 31. 1 Lowest. 1 Highest. Lowest. Higheet.

$ $ Bid. Ask. Bid. A:4.1 Sale Prices. Sale Prices. Sale Prices. Sale Prtess.Street Railway Bonds1Brooklyn Rap Trans g 5s__1945 A.- 0 26,000 7,000 1 1033% 1034 102 1033%1033% Jan. 81033% Jan. 14 1003% Sept. 28 1033% May 11st refund cony g 4s - 2002 J - J 1,000, 19,000 , 793% 804 793% 804 793% Jan. 281 793% Jan. 28 794 June 17 85 Jan. /26-year secured notes 5s_1918 J - J 405,000 628,00011003/ Sale 101 Sale 1003% Jan. 3 101 Jan. 201 983% Jan. 2101 Sept. 24Bklyn City 1st con 5s '16-'41 J - J 12,000 '1004 102 1013% 1013% Jan. 8 1013% Jan. 17 1004 Jan. 7 102 Sept. II1 I I Bklyn Q Co & S gu g 59'16-'41 M-N 914 Bklyn Q Co & S 1st 5s1941 J - J93 3 1 1 I

Kings Co El 1st g 4s____1949 F - A 20,000 10,0 8

001,

85A, 83% Jan. 11 844 Jan. 271 79 Sept. 11 83 April 22

Bklyn Un El 1st g 4-5s_ _1950 F - A 151,000 54,000 100 Sale 1003% Sale 100 Jan. 31003% Jan. 31 1 984 Sept. 28 101 Feb. ITStamped guaranteed_1950 F - A 14,000 22,000 100 1033% 1003%1 1004 Jan. 26 1003% Jan. 201 98 Sept. 23 101 4 Nor. 23Stamped guaranteed_1949 F - A 27,000, • 1 83 Sale 85 ,,, Sale 83 Jan. 3 85 Jan. 26 ; 79 Sept. 2, 82 Jan. 27Nassau Elec guar gold 43 1951 .1 - J 19,000

1927 F - A 67,000 5,000 75 75% 76% Sale 75 Jan. 14 764 Jan. 31 1 73 May 271 78 Jan. 29Chicago Rys-lst 5s 62,000, 97 974 98%109% 97 Jan. 7 984 Jan. 27 924 July 20 973% Dec. leConn Ry & Lt-lst 4%9_1951 J - J 2,000,

1951 J I 1003% 993% Jan 19 993% Jan. 19 .1 -Stamped guar 43%s , 994 993% Det United 1st cons g 4%s_1932 J - J 24,0001

141,000 74%, 77 76 763% 743% Jan. 7 77 Jan. 14 654 Jan. 4 79 Mar. 23Ft Smith Lt & Tr 1st g 5s_1936 M- S 1 1 Grand Rap Ry 1st gold 5s_1916 J -D I 1100 100 Havana Elec Ry cons g 5s_1952 F - A 2,000, 1,000 87 Sale 87 Sale 87 Jan. 31 87 Jan. 3, 87 Dec. 2 87 Dec. 2Hudson & Manhat ser A 5s 1957 F - A 209,000 ' 177,000 743% Sale 74 Sale1957 73 Jan. 271 743% Jan. 3 ; 70 July 30 793% Jan. 93Adjust income 5s 609,000 1,045,000, 31 Sale 30% Sale 30 Jan. 271 31 Jan. 31 243% July 30 334 Nor 24N Y & Jersey 1st 5s 1932 F - A 1,000

_ 1956 A - 0 26,000 101 102 Jan. 28 102 Jan. 281003% Dec. 2 1004 Dec. 1Inter-Metrop coil 43%s 441,000, 662,000, 764 RV

75% Sale 754. Jan. 211 763% Jan. 6 I 734 Jan. 6 793% April 29Interboro R T 1st & ref 5s_ 1966 J - J 783,000 3,248,000, 993% Sale 993%1Sale 994 Jan. 20 993% Jan. 13 964 Sept. 1 994 Dec. 27Manhat Ry (N Y) con g 4s 1990 A - 0 34,000 179,000 913% Sale 91% Sale 91 Jan. 14 924 Jan. 10 82 Sept. 14 923% Dec. 1Stamped tax exempt A - 0 37,000 49,000 924 Sale 921 Sale 92 Jan. 17 924 Jan. 3 85 Aug. 26 93 Nov. 24Manila Elec 1st & coil 5s__1953,M- S 1 95 95 Met St-B'y & 7th Av 5s__1943;J -13 6,000 2,000 984 Sale 994 100 984 Jan. 3, 993% Jan. 5 , 973% July 7 101 Feb. 2Col & 9th Av 1st gu g 5s_1993;M- S 1;000,993% 10 100 100 Jan. 18 100 Jan. 13: 94 Aug. 12 100 Nov. It

Met W S Elev Chic 1st 4s_19381F - A Lex Av & P F 1st gu g 5s 1993 M- S 5,000

1 2,0001 4 1

0100 100 99 Jan. 11 4 1 99 Jan. 11,1 983% Oct. 21 993% Dec. 30

Mil El Ry & L cons 58 ____1926; F - A 1,000 I19022 1% 101 Jan. 6 101 Jan. 6'1013% June 106 1092%4 1 JFuenbe. 1160Minn St Ry 1st con g 5s_ _ _19191J - J I 100

11000 94 Refunding & ext 4%s___19311J - J I I

!In Neol;:. 16 1003% Nov. 5Mont Tram 1st & ref A 5s_19411J - J 1 95 95 90 Oct. 1 944 Feb. 19N Orl Ry & Lt gen 43%s_ 19351J _19351J - J 110,000 85 85 78 Feb. 15 7748 4 Nov.

24151New York Rys 1st & ref 4s 1942,J - J 344,000 206,0001 734 743% 744 Sale 733% Jan. 5 75 Jan. 7 68 Sept. 11Adjustm't income 58- --19421A - 0 2,276.000 1.913,000 1 564 Sale 573% Sale 55 Jan. 3 593% jam 21 1 47 Oct. 15 56 A7% ,TDecri'l 228

N Y State Rys 1st cons 43%s '62 M- N 22000I 1

4,000 83 853% 86 Sale 854 Jan. 24 86 Jan. ',51 84 Mar. 318,

Portland Ry 1st & ref 5s1930,M-N 1

18,000' 94% 96 991

94% 80 80

1 1 95 Oct. 28 99% Feb. zePort Ry L & P cony 5s_ _ _1942, F - A 1 i 80 Sept. 30 80 Sept. 313St Jo Ry Lt H & P lst g 58_1937 M- N I

St Paul C Cable cons g 5s_ _19371 - J 1 99 1100 Sept. 21 1080 Seopv.t. 2g1Third Ave 1st ref 48 1960 J - J 177,000 160,000 82 83 83 Sale 823% Jan. 28 833% Jan. S 78 Aug. 27 53% N

Adjustment income 5s 1960 A - 0 407,000 339,000, 804 Sale 83 Sale 80 Jan. 3 83 Jan. 31 75 May 14 82 Mar. 29Third Ave RR lst gold 5s 1937 J - J 28,000 10,000 107 1o73%106 107 106 Jan. 201073% Jan. 10,1043% Oct. 2 1073% Dec. 9Tri-City Ry & Lt lst s f 59_1923 A -0 70,000 49,000 994 100 993% Sale 984 Jan. 8 993% Jan. 4 944 June 3 994 Dec. 31Underged of London 4%9_1938 J - J 1 I 9432,000 68 Sale 68%

1 Income es 1948 J - J 17,000 68 Jan. 3 69 Jan. 21, 70 Dec. 10 704 Dec. 91 1 703% 804 United Rys St L 1st g 49__1934 J - J

Un Rys Inv-58 Pitts iss__1926 M-N I 10,0001 1 2,1 Peplyt. 1(83

75 Oct. 1164 Dec. 231,000, 24'' 7621 64 St Louis Tran gu imp 5s_1924 A -0 6,000 593% 593% Jan. 11 593% Jan. 18 593% Mar. 5 593% Dec. 22United flits San Pr s f 4s__1927 A - 0 302,0001 293,000, 451% sale 45 Sale 45 Jan. 21 464 Jan. 17 40 April 21 553% Jan. 14Virginia Ry & Pow 1st 59_1934 J - J 85,000, 34,0001 91 Sale 91 913% 91 Jan. 3 92 Jan. 6 82 Sept. 20 913% Dec. 31

Bklyn Un Gas Co 1st c g 53 1945 M-N 4,0001

105 Jan

Gas & Electric Light Cos10,000' 1044 105%

,. 5 105 Jan. 5 ,103 Jan. 6 105 Dec. 1Buffalo City Gas 1st 5s_ __1947 A - 0 4,000, 25 Jan. 27 25 Jan. 97 ' Consolidated Gas cony 69_1920 Q - F 379,000 511,000 1263% Sale 123 Sale 123 Jan. 311263% Jan. 3 1093% Jan. 2 127 Dec. 31Detroit City Gas Cog 5s__1923 J - J 12,0

00,199

03,,1 1 Sale 1023% Sale 101 Jan. 3 1023% Jan. 27, 993% Mar. 3 101 Aug. 27Detroit Gas 1st cons g 5s__1918 F - A 983% Nov. 23 983% Nov. 23Detroit Edison Co 1st 5s__1933 J - J 4,000 60,000

10

101% Sale 1034 Jan. 11 1034 Jan. 21 1014 June 7 1031% Dec. 6Eq Gas L Co N Y con g 5s_1932 M- S I1 1 100% May 71003% May T

Kings Co I,.; L & P g 5s_ __ _1937 A - 0 1,00°0111 91 91 Jan. 18 91 Jan. 1S

Gas & El Co of Bergen Co 58 '49 J -D Hudson Co Gas 1st g 5s___1949 M-N Kansas City, Mo, Gas 5s_ _1922 A - 0 3,000'

2,00 ,111090922 i 91 100% 103 101 Oct. 8 1033% Feb. 17

1997 A - 0 2,0001 103% 105 102 Nov. 6 1044 April 15Purchase money 6s 1,000, 115 120% 115 Sale 1143% Jan. 31 113 Jan. 31 113 Feb. 24 115 Aug. 12

Convertible deb es 11992252 MM-- SS

1 117 Convertible deb 6s

4,0001 125 128 1253% 128 115 Feb. 18 126 Nov. 11Ed El III Bkn lst con g 4s.1939 J - J 6,000, 861% 864 883% 881% Jan. 26 881% Jan. 26 864 Oct. 6 88 Mar. 13Lac Gas L 1st g 59___May 1919 Q - F 22,000, 4,000,:101% Sale 1013% Sale 1013% Jan. 3 102 Jan. 21 1004 Jan. 4 1013% July ISRefund & ext 1st g 5s___1934 A - 0 16,000, 33,0001 1013% 102 1014 Sale 1003% Jan. 8 102 Jan. 12 97 Jan. 4 1013% Nov. 22Milwaukee Gas Lt 1st 4s1927 M-N 24,000, 7,000, 92 921% 913% 911% 913% Jan. 13 923% Jan. 12 90 Aug. 16 924 Nov. 30Newark Cons Gas cons 5s g 1948J -D 1103% 1033% 1 103 June 31033% Aug. 13N Y Gas El Lt II & P 5s_ _1948 J -D 27,0001, 52,000, 104% 105 1043% Sale 104% Jan. 6 105 Jan. 4:1013% Sept. 21 105 Nov. 19Purch money coil tr g 49_1949,F - A 49,000,

Ed El Ill 1st cons g 5s_ _ _1995 J - J 1 41,00011084742 85 851% Sale 85 Jan. 4 86 Jan. 28 80 Sept. 23 853% Nov. 30

N Y & Q El L & P 1st c g 5s 1930 F - A 1000, 16,000 4 : 1004 107

, 1014 1014 Jan. 22 101 Jan. 22 99 Oct. 22 1013% Dec. 30 11064 May 7 107% Oct. 14

Pacific G & Elec-Cal G & E 1 1Corp unifying & ref 5s _ _1937 M- N 195,000 161,000, 93 Sale 974 Sale 973% Jan. 29 9S3% Jan. 7 91 Jan. 8 973% Dec. 29Pacific Pow & Lt 1st & ref 5s '30,F - A, ' 91 93 883% Feb. 15 91 Feb. 19Paterson & Passaic G&E5s1949,M- S „1003% 1004 993/2 Oct. 25 994 July 7People's Gas & C-lst 6s__ 19431A -0 1,000,1,000113 115 115 115 Jan. 25 115 Jan. 25 110 Jan. 5 115 June 3Refunding gold Ss 1947,M- S 34,000, 28,000 10294 102% 1013% 1013% 101% Jan. 26,1023% Jan. 5 993% July 22 1023% Nov. 24'

Ch Gas L & C 1st f7u g 59 1937 J - J 4,000 15,0001023% 103 1023% 103 102% Jan. 10 102% Jan. 10 101 May 18 103 Feb. 9Consum Gas Ch 1st gu g 59'36 J -D 5,000' 101 1003% 101 Jan. 10 101 Jan. 10 993% April 191013% Oct. 22Ind Nat Gas & Oil ref 59_1936 M-N Mut Fuel Gas 1st gug 5s 1947 M- N 2,000, 1004 100% 1003% Jan. 29 1003% Jan. 29 991% Aug. 4 100% Nov. ItPhila Co cony deb 5s 1019 F - A 10,00096 8964 Jan. 4 3964 Jan. 4 95 Feb. 17 896 Oct. $Cony deben 5s g 1922 M-N 1,000 22 97 91 971 91 Dec. 20 91 Dec. 20Stand Gas & El cony s f 6s_ 1926 J -D 183,000; 8,000 983% Sale 993% Sale 983% Jan. 31011% Jan. 171 883% Jan. 12 983% Dec. 31.Syracuse Ltg Co 1st g 5s__1951 J -D 2,0003,000 100 1003% 994 Jan. 12 1003% Jan. 24 993% Nov. 16 100 Dec. 23Syracuse Lt & Pow a f 58_1954 J - J 84 84 Union El L & P 1st g 5s__1932 M- S 973% June 1 101 Feb. IRefund 5s 1933 MN 89 Jan. 29 90 Mar. 22 •Utica Elec L& P 1st s f 5s g 1950 J - J 1024 1023% 96 Jan. 6 1024 Mar. 23Utica G dr El ref & ext 5e_ _1957 J - J

08 Aug. 4 98 Aug. 4Westchester Light gold 159_1950 J -D 1033% 1043% 101 May 241033% Nov. 5Miscellaneous BondsAdams Expre,ss coil tr g 49_1948 M- S 45,000 30,000 84 Sale 83 Sale 84 Jan. 3 853% Jan. 28 70 Mar. 20 843% Dec. 32Alaska Gold M deb Os A 1925 M- S 38,0001 64,000 117 Sale 114 112 Jan. 25 117 Jan. 3 11294 Dec. 11 150 April 22Armour & Co 1st real eat 4%9'39 J -D 289,000,1 293,000 923% 93% % 94 Sale 41952 A - 0 7,000 93% Jan. 4 94 Jan. 2 903% Feb. 27 933% Nov. 18Bush Terminal 1st 4s Consol 5s 1955 J - J 6,000,

4,000 85 88% 86 87% 863% Jan. 5 883% Jan. 15 84 June 11. 884 Dec. 310 873% 89 873% Jan. 13 883% Jan. 21' 843% June 14 90 Feb. 4Buildings 5s gu tax ex 1960 A - 0 29,000 14,000 27% /8 89 90 873% Jan. 19 883% Jan. 17, 83 Jan. 15 88 Nov. 23Chile Copper cony. 7s _ 1923 M-N 499,000, 1,082,000 134% Sale 131% Sale 131% Jan. 31 1354, Jan. 5 111 Aug. 23 141 Nov. 5ComputIn -Tab-Rec s f 6s_1941 J - J 148,000, 121,000 83 Sale 823/2 Sale 82 Jan. 14 85 Jan. 24 813% Nov. 24 83% Dec. 28Comstock Funnel Inc 4s 1929 M-N1 4 Aug. 27 12 June 2Granby Con AI S & P 1st 68_1928 M-N 193,0001 38,000 104 105 107 Sale 1043/2 Jan. 11 108 Jan. 18,

, 98 Jan. 9 111 April 24Stamped 1928 M-N 454,000; 157,000 103 104 107 Sale 1034 Jan. 4 1084 Jan. 17, 10291 Dec. 16 105 Oct. 29Great Falls Pow 1st s f 53_1940 M-N 96,000 82,000 994 Sale 993% 100 994 Jan. 3 100 Jan. 25 97 Nov. 11 100 Nov. 27Inspiration Con Cop 1st 60.1922 M- S 301,0001 565,000 184 Sale 1744 Sale 174 Jan. 311911% Jan. 13, 97 Jan. 7 190 Oct. 75-year cony deb a 60,000 s 1919 J - J 63,000 1744 Sale 174 Jan. 31 192 Jan. 13 9414 Jan. 6 189 Nov. 17Inter Mer Marine col tr 4948 '22 A - 0 197,000, 329,000 963% Sale 101 102 963% Jan. 3 1023% Jan. 27, 304 Jan. 5 9734 Dec. 16Certificates of deposit 11920000 8,951,000 96 Sale 1003% Sale 9594 Jan. 71023% Jan. 271 333/2 Feb. 18 973% Dec. 16Int Navigation 1st s f 5s_ _ 1929 F - A 38,000, 21,000 913% 924 993-4 914 Jan. 11 99 Jan. 18 36 Feb. 16 93 Dec. 21Montana Power ist&ref s 1 58 A J - J 283,000 392,000 954 Sale 96% Sale 95% Jan. 3 97 Jan. 13 884 Jan. 14 96% Nov. 20Mortgage Bond 4s ser 2__ _1966 A - 0 I 10-20-yr 5s, ser 3 1932 J - J 8,0001 90 943% Sale 94 Jan. 21 943% Jan. 31 Morris & Co lst s f 4%9_1939 J - J I

_1951 F - A 3,000 12,000 72 74 89 Nov. 30 89 Nov. 30N Y Dock 50-year gold 49 76% 75% Jan. 13 75% Jan. 13; 71 May 29 95 Nov. 12Niagara F Power 1st 5s__ _1932 J - J 10,000 1003% 1003% 1004 Jan. 11 1013/3 Jan. 71100 June 19 101 Aug. 19Niag Lock &Ont Pow 1st 5s_ 1954 M- N I 92 1 893% Mar. 22 914 Feb. 17Ontario Pow N F 1st 5s___1943 F - A 14,000 2,000,

, 94 954 949-4 943% 94 Jan. 12 95 Jan. 19 923% Oct. 7 959-4 Feb. 1Ontario Transmission 5s,.1945 M- N 1 1,000, 80 90 80 1 89 Dec. 3 90 Jan. 4Pub Ser Cor N J gen 50-yr 58 '59 A - 0 250,000, 216,000, 90 Sale 9094 Sale 893% Jan. 4 903/2 Jan. 20 8631 Aug. 6 91 Nov. 24Ray Cons Cop 1st cony 69_1921 J - J 1 107,000 130 1103 Jan. 6 140 Oct. 9Sierra & S F Power 1st 58_1949 F - A1 Tennessee Copp 1st cony Os '25 M- N 128,000

1

1166,000, 124 Sale 119% Sale 1193% Jan. 31 125 Jan. 5,117 Nov. 10 136 Act. 20Wtoth Watpr P 1st qn y, rip 10:10 .7 - .1 ' __

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

30 STOCKS-STOCK EXCHANGE RECORD. [VOL. 102.

BONDS Int. Sales in Sales in PRICES IN JANUARY.Per- January December

Highest.

RANGE FOR YEAR 1915.

N V STOCK EXCHANGE iod. Jan. 3. i Jan. 31. 1 Lowest.1016. Lowest.

Telegraph and Telephone $ $ Bid. Ask• Bid. Ask. Sale Prices. I Sale Prices. Sale Prices. Sale PricesAm Tel & Tel coil trust 4s_ Int93 JAI: g 655,000 335,000, 91 Sale 1 92% Sale 90% Jan. 3 92% Jan. 28 86% July 8 913% Nov. 20

Convertible 4s 55,000 33,000, 1003% 1101% Sale 100;4 Jan. 20 1013% Jan. 26 91% Feb. 23 101 Nov. 1020-year convert 4%s_ __1933 M- s 829,000 1,363,000, 107% Sale '1064 Sale 1064 Jan. 31 108 Jan. 15 96 Jan. 2 1094 Nov. 4

66,0001 101% 101% 102

lhohesi. _

Cent Diet Tel 1st 30-yr 58_1943 J -D 1,000 102 Jan. 18 102 Jan. 18 98% Jan. 21 102% Dec. 3Commercial Cable let g 4s_2397 Q - j 80 1 80 Cumb T di T let & gen 5s_ _1937 j - J 113,000 61,000 99 994 4 ; 99% Sale 99 Jan. 4 100 Jan. 28 95 Jan. 2 093% Dec. 22Keystone Telephone 1st 55 1935 J - j

1 1 95% I

Met T & T 1st s f g 55_____1918 M-N 101 I 95 Nov. 18 95 Nov. 18

Mich State Telep 1st 20-yr 552413 -A1920 M-N

17,000 17,000, 993% 1003' 100 101 100 Jan. 21 1004 Jan. 19 13715.4 Mar.

a 11(9P, 111Dueev.. 2?NY & NJ Telgen 5s 1,080 -,, 1E: 1 N Y Tel 1st & gen St 43„0_10 i.,1:-..!: SalePacific T & T 1st 5s

000 101%

994 Sale 983% Jan. 8 993% Jan. 3111,041% June 21 101% June 21

July 7 99 Nov. 26

158,000 332,000, 1003% Sale 1003% Sale 100 Jan. 3 1003% Jan. 10 94% Jan.ul 2 100 Dec. 23565,000 528,000

ISouth Bell Tel & T 1st s t 55 '41J - J 13(32 2R,000, 99% Sale 100 Sale 993% Jan. 3 100% Jan. 20 964 Jan. 6 100 Dec. 6West Un-Coll tr cur 5s___1938 j - J 2 101% 102 s10134Jan. 21 10134 Jan. 11 95 July 7 1013% Dec. 7Fund & real est 4345 g__1950,M-N100,000 33,000 94% 95 95% 96 943% Jan. 11

1 96 Jan. 17 88% Jan. 5 95% Nov. 24

No M Tel gu fund 4%s g 1934J - J 1 90 92% 94% Manuiacturing Sr industriall 1 I

9034 Mar. 5 90% Mar. 5

Am Ag Chem 1st cons 5s__1928:A - 01924, F - A

25,000 25,000 102 103 102% Sale 102 Jan. 5 103 Jan. 7 99% Aug. 14 105 April 16Convertible deb 5s 165,000 93,000 97% Sale 983% 98% 97% Jan. 6 9834 Jan. 25 92 April 22 073% Dec. 31

Am Cotton 011 deb 5s 19311M- N 84,000 54,000 964 96% 96% Sale 963% Jan. 13 96% Jan. 14 91 Mar. 3 98 Nov. 20Am Hide & L 1st s f g 6s_ 1919 M- 8 14,000, 32,000 1033% 1033% 103 18 10334 103% Jan. 21 1033/3 Jan. 8 1003/3 Jan. 4 1043% Dec. 1Am Ice Securities deb g 65_19251A - 0 9,000, 31,000 88 8834 88 Sale 88 Jan. 31 8834 Jan. 51 80 Jan. 4 893% April 30

Am Smelters Securities 6s_1926,F -A 951,000, 1,421,02,:000000000 11,1%. Sale royi 111% 112 Jan. 20 118 Jan. 5 103% Jan. 1811534 Nov. 15

American Thread 1st 4s_ _ _19191J - J 65,000, 98% Sale 97% Jan. 8 98% Jan. 28 923% April 6 984 Dec. 9

Am Tobacco 40-year g 6s 1944 A - 0 1951IF - A

'1 1118 1 115 May 261213% Feb. 2

4s ,1 8315,000 64%

94 ' 94 Oct. 19 983% Feb. 2

Am Writing Paper 1st s f 581919 ,j - j 43,000,1 70% 703% 68 Jan. 11, 71 Jan. 21 513% June 17 70 April 19

Baldwin Loco Wks 1st s f 5s '40 MN '1 6,000 104% 1064, 1063% 1003% Jan. 25 10634 Dec. 2

Beth Steel 1st ext s f 5s__1926 j - J 289,000 1 40,000102y Sale '103% Sale 110234 Jan. 31033% Jan. 23 983% Jan. 2 103 Aug. 6 2lat Ai refund 5s gu ser A_1942 M-Is 300,000 663,000,102 Sale 102% Sale 1101"A Jan. 4 102% Jan. 21 85% Jan. 2 102 WI Aug. 13

Central Leather 20-yr g 58_19251A - 0 339,000 487,000 101 Sale 1013% Sale 11003% Jan. 4 102 Jan. 28 967% Jan. 210194 Nov. 5

Consol Tobacco 50-yr g 48_1951IF - A 1 983-4 983-4 973% Jan. 29 973% Jan. 29

Corn Prod Ref g s f 58 10311M- N 14,0001934,M-N

1,000, 98% 100 1 9934 100% 99 Jan. 19 100% Jan. 28 94% Jan. 5 983% Dec. 2

1st 25-yr s f 5s 69,000 96 963%1 963% 98 I 963% Jan. 7 963% Jan. 28 92 Mar. 3 97 Nov. 2284,000Cuban-Am Sugar col tr 6s_1918jA - 0 126,0001 183,000 1013% Sale 11024 1023% 1013% Jan. 3 102% Jan. 25 95 Feb. 181013% Dec. 21

Distillers' S C cony ist g 5s 19271A - 0 500,0001 454,000 713% Sale 70 Sale 693% Jan. 14 72 Jan. 4 464 Mar. 3 75 Oct. 22

E I du Pont Powd 43%s- 1936,J -D 210,0001 134,000, 1023% 102% 1053% 107 1024 Jan. 4 10.534 Jan. 29 84 Jan. 111043% Sept. 13

General Baking 1st 25-yr 6519361J -D 1 1 9634 85 1

General Elec deb g 3%s___1942 F - A 5,000110000, 78% 79 %- 79 80 78 Jan. 14 79 Jan. 21 74 June 18 79 April 211952 m._ s 71,Debenture 5s 105,000

,000, 104 Sale 105 Sale 1033% Jan. 11 105 Jan. 28 101 Sept. 16 106 Nov. 26

Illinois Steel dehen 4345 1940 A -0 340,000 276,000, 91 Sale 9294 Sale 903% Jan. 4 923% Jan. 31 8234 Mar. 23 923% Nov. 23

Indiana Steel 1st 55 1952,MN1 320,000 237,0001015% Sale 1013% Sale 1014 Jan. 141013% Jan. 31 99 Jan. 81023% Oct. 28

Ingersoll-Rand 1st 5s Dee 1935 J - J 1 103 1 ,Int Agric Corp lst&coll tr 5s_'32 al- N 17,000, 77% 79 1 78% Jan. 22 79 Jan. 15, Internat Paper let con g as 1918,F -A 80,000, 46,000, 102 1023% 102 Sale '102 Jan. 41023% Jan. 111 99% Aug. 25 1023% Nov. 20

Cons cony s f gold 5s_ ___1935;j - J 44,000, 8334 84 82 84 1 81 Jan. 26 83% Jan. 14 783% April 23 84. Dec. 2456,000Int Steam pump 1st s f 5s_1929,M- S 2,000, 78 75 Jan. 7 783% Jan. 251 38 Jan. 11 70 Nov. 17

Certifica es of deposit 218,000, 1018,000000 75 Sale 78 793% 7434 Jan. 6 7936 Jan. 271 45 May 14 77 Nov. 27Lackaw Steel 1st cony 5s_ _1923 A - 0 248.000, 557,000 08% Sale 984 Sale 9734 Jan. 12 983% Jan. 27 89 Jan. 18 983% Dec. 1

1st cons 55 Series A 1950 M- S 1,984.000' 651,000 02 Sale 968% Sale 913/3 Jan. 4 973-4 Jan. 11 65 Jan. 13 97 Oct. 1

Lig & Myers Tob 75 1944 A -0 104,0001 169,000 125 126 125 Sale 124% Jan. 7 126 Jan. 5 1213% July 9 126 Dec. 41951 F - A 111,000,5s 83,000 1013% Sale 102 Sale 1014 Jan. 14 1024 Jan. 28 993% June 1 1023% July 27

(P) Lorillard Co 7s 1944 A -0 50,0001 29,000 1243% 125 1253% 127 12234 Jan. 14 126 Jan. 19 119 July 24 125 Dec. 225s 1951 F - A 109,0001 74,000 100 101 1013% 1013% 1003% Jan. 10 1013% Jan. 29 983% May 24 102 Jan. 19

Mex Petrol Ltd cony 6s_ _ _1421 A - 0 201,0001 139,000 123 Sale 107 10734 Jan. 27 128 Jan. 3 953% Feb. 26 123 Dec. 311st lien & ref 6s Series C_1921 A - 0 65,000 122,000 125 Sale 107 100 Jan. 26 12534 Jan. 4 95 Jan. 28 124 Dec. 31

Nat Enam&Stpg 1st 20-yr 58'29 J -D 14,000 1 26,000 953% 9634 97% Sale 96% Jan. 8 98 Jan. 10 92 Mar. 5 97 Dec. 31

Nat Starch 20-year deb 5s_1930 j - j 1952 M-N 87,0001

84 84 83 May 26 85 April 6

National Tube 1st 5s 43,000 101% Sale 100% Sale 100 Jan. 1110194 Jan. 14,1 96 May 27 102 Nov. 8

N Y Air Brake ist cony 68_1928 M-N 184,000 60.0001033% Sale 105 Sale 103% Jan. 310534 Jan. 141 90 Feb. 25 104 Dec. 10

Railway Steel Spring- 1Latrobe Plant 1st s f 58_1921 J - J 20,000 6,000 993% 100 993-4 100 993% Jan. 4 100 Jan. 20/ 954 Jan. 8 100 Nov. 27

Inter-ocean P 1st s f 55_ _1931 A -0 24,000 37,000 95 9734 943-4 953-4 943/3 Jan. 14 953,4 Jan. 7 90 Feb. 10 953-4 Dec. 2

Repub I & S sink fund 50_1940 A -0 447,000 355,000 963.4 Sale 973% Sale 953% Jan. 5 98 Jan. 31 903% Jan. 4 973% Nov. 24

Standard Milling 1st 55 1930 M- N 50,000 10,000 96 Sale 97 Sale 953-4 Jan. 4 973-4 Jan. 27 89 Jan. 8 97 Nov. 26

The Texas Co cony deb 65_1931 J - J 258,000 274,000 1053/3 Sale 105 1053% 105 Jan. 21 106 Jan. 10 973% Feb. 25 106 Nov. 16,000 80 Union Bag st Paper 1st s f 5s '30 J - j I 6 80 75 Mar. 24 80 Aug. 25

U S Realty & Imp deb g 5s 1924 J - J 38,000 33,000 71 74% 71 72 7134 Jan. 20 73 Jan. 4 65 Oct. 5 773% Nov. 24

U S Red & Ref 1st s f g 6s_1931 J - j I 18,000 23 20 20 Jan. 5 30 June 16

US Rubber 10-yr col tr 6s_1918 J - D 137,000 230,000 10234 103 1033% Sale 103 Jan. 5 10334 Jan. 13 101% Jan. 2 10358 Nov. 22

Ii S Steel Corp s f g 5s Apr 1963 M-N 1,157,000 1,799,000 1043-4 Sale 10434 Sale 1033% Jan. 7 105 Jan. 28 997% Jan. 2 105 Nov. 24

,Apr 1963 M-N 27000Registered 17,000 105 Sale 1033-4 Jan. 6 105 Jan. 19 993% Jan. 4 105 Nov. 15

Va-Car Chem 1st 15-yr 55_1923 J - D 87,000 188,000 98 98% 983% Sale 983% Jan. 4 993/3 Jan. 26 89 Feb. 24 99 Nov. 23

Cony deb sf 6s ____May1924 A - 0 157,000 154,000 1024 102341023% Sale 102 Jan. 111033% Jan. 20 953% Sept. 91033% Nov. 29

Western Flee let 58 Dec 31 1922 J - j91 77,000 102% Sale 102% Sale 8101%Jan. 14 1023% Jan. 3 1004 July 301023% Nov. 22

Westinghouse Electric &Mfg- ,000

1Cony 5s issue 1915 1931 231,000 176,000 1383-4 Sale 130 Sale 130 Jan. 3113814 Jan. 3 10994 July 27 1403% Oct. 26

10-yr coil trust notes 5s_1917 A - 0 1,000 7,000 1013/3 1014 1013/3 Jan. 10 1013% Jan. 10 983% Jan. 14 10134 Dec. 4

Coal and Iron Bonds1Buff & Susq I s f 55 1932 J -D 913-4 98

Deb 5s Jan 1926 M- S 6,000 10,000, 873% 90 90 95 90 Jan. 27 02 Jan. 21 75 May 10 88 Dec. 21

Col Fuel & I Co en s f g 5s 1943 F - A 25,000 2,000; 92 933-4 9234 94 9334 Jan. 7 95 Jan. 20 87 Feb. 18 95 Oct. 14

Col Indus 1st col tr 5s gu_ _1934 F - A 15,000 26,000 743-4 75 753-4 Sale 75 Jan. 7 76 Jan. 5 70 Mar. 25 80 Sept. 27

Consol Coal Md 40-yr 5s_ _1950 J -D 7,000 7,000 914 923-4 92 93 91 Jan. 7 93 Jan. 19 884 April 15 92% Nov. 27

Continental Coal let s f 5s_ 1952 F - A ,Jefferson & Clearf 1st 5s_ __1926 J - D 1,000 100 9538 Jan. 6 9534 Jan. 6

Kan & Hock C&C 1st gu 551951 J - J 90 July 1 90 July 1

Lehigh C Jr Nay s f 4%

1

5A 1954 J - J , 9834 Mar. 13 1003% Feb. 17

Pocalnon Con Coll 1st s f 5s 1957J - J 53,000 32,000 8934 8914 894 893.4 89 Jan. 14 8934 Jan. 6 8534 July 27 8934 Dec. 8

St L R Mt & Pae 58 stmp'd 1955J - J 30,000 84 88 Sale 84 Jan. 7 883-4 Jan. 14 82 Nov. 5 843% Nov. 15

Tenn C I & RR gen 5s____1951 J - J 25,000 7,000 1013 Sale 10394 Sale 10134 Jan. 3 10374 Jan. 311100 Jan. 16 1033-4 Nov. 26

Birm Div 1st cons 6s_ ___1917 J - J 36,000 33,000 10158 102341017% Sale 101% Jan. 1010174 Jan. 31 997% July 271023% Nov. 17

Tenn Div 1st g 6s_ _Jan l917 1A -0 4,000 16,000 1013% 1013% 10134 Jan. 10 10134 Jan. 10,10034 Jan. 4 102 Nov. 26

Cab CM Co 1st gu g 68_1922 J - D

'Victor Fuel 1st s f 5s 1953J - J 1 75 75 1 Va Ir Coal & Coke 1st g 58_1949,M- IS 21,000 11,000 80 90 88 89 89 Jan. 141 90 Jan. 11 82 May 10 904 Nov. 17

a On the basis of $5 to the £ sterling. b On the basis of four marks to one dollar. c 1st installment paid. d Full paid. e Second installment

paid. 8 Option sales. U This was a sale made "Seller 4 free." y Bonds "when issued." z Flat price.

STOCKS-PRICES AND SALES FOR JANUARY 1916 AND RANGE FOR THE YEAR 1915.In accordance with a rule of the Stock Exchange effective Oct. 13, all stocks are now quoted dollars per share. All quotations in these tables

have been reduced to that basis.

Prices are on .en s et / 00-snare lots. Exemptions of stocks which sell only in a small way are noted by the letter a. Option sales are disregarded.

Y STOCK EXCH'OR

SALES

InJanuary.

In Year1915.

Par Shares Shares.Atchison Top & S Fe.. .100 52,020 877,612

Preferred 100 18,505 73,052Atlan Coast Line RR .100 3,500 37,792Baltimore ez Ohio 100 99,985 1,164,716

Preferred 100 14,535 125,176Brooklyn Rap Transit 100 12,350 423,085Buff Roth & Pitts___ _100 285

Preferred 100 52Canadian Pacific 100 66,075 1,416,274Canada Southern 100 312 545Central of New Jersey 100 125 727Chesapeake dr Ohio.... 100 136,110 761,460Chicago & Alton RR.... 100 100 5,766

Preferred 100 100 650

Price aboutJan. 21915.

PRICES IN JANUARY. RANGE FOR YEAR 1915.

Jan. 3.

Bid. Ask.93 Sale96 97% 9968% Sale69 69484% 854

Bid. Aek.1084 Sale9934 Sale114% Sale95% Sale77% Sale87% Sale

155 150 182% Sale

31040 41 9% 13%

290 Sale63% Sale10 1317 23

Jan. 31.

Bid. Ask.x10234 Sale100 Sale112 Salej87 Salej76% Sale8634 Sale00 95113 117%166% Sale59 60

j280 31061% Sale8 12%12 22%

Lowest. Highest. Lowest. Highest.

Sale Prices.x10174Jan. 3198% Jan. 4112 Jan. 31j86 Jan. 31j763-4 Jan. 3186 Jan. 31

166 Jan. 315836 Jan. 17290 Jan. 36034 Jan. 3110% Jan. 720 Jan. 6

Sale Prices. Sale Prices. Sale Prices.10834 Jan. 4 923-4 Feb. 24 1114 Nov. 41003% Jan. 31 96 Jan. 5 1023.4 Nov. 26115 Jan. 3 98 Mar. 1 116 Nov. 196 Jan. 4 6334 Feb. 25 96 Dec. 3180 Jan. 15 67 Feb. 23 7934 Nov. 2788 Jan. 17 834 Aug. 13 93 April 21 80 July 20 a933/3 Nov. 26 a1093% Dec. 2 a10934 Dec. 2

1833% Jan. 3 138 July 23 194 Nov. 158% Jan. 18 a54 Aug. 6 a61 Dec. 2290 Jan. 3 a250 Sept. 1 325 Jan. 226634 Jan. 5 353% July 9 648% Nov. 24103-4 Jan. 7 8 Aug. 6 153% Aug. 2520 Jan. 6 1134 Feb. 27 2234 Nov. 18

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

VEIL, 1916.]_

STOCKS.N Y STOCK EXCH'GE

STOCKS-STOCK EXCHANGE RECORD 31SALES

In In YearJanuary. 1915.

Price aboutJan. 21915.

PRICES IN JANUARY. RANGE FOR l'EAR 1915.

Jan. 3.

Par Shares. Shares. Bid. Ask.Chic Great West 100 8,950 141,979 10% 10%

Preferred 100 17,335, 238,862 26 28%Chic Milw & St Paul 100 97,2251 796,750 87 Sale

Preferred 100 9,546 53,179 120Chicago & North West.100 4,890 75,441 122

Preferred 100 940 1,416 Chic Rock Id l & Pacific.100 68,695 3,082,313, Chic St Paul M & 0_100 140 1,928, 132

Preferred 100 148 575 150Cloy Cin Chic & St L__100 600 10,517, 21 40

Preferred 100 500 11,840, 40 Cleveland & Pittsburgh .501 275,

Special gtd betterm't_50, 5, Colorado & Southern__ 1001 1,300 20,660; 23 32

First preferred 100 500 6,852, 42 60Second preferred. ...100 100 1,800, 323% 50

Cripple Crk Cent pref_100 24 1Delaware & Hudson .100 4,685 33,554, 1403/s 142Del Lack & Western 50 1,066 11,163, 1963/s 200Denver & Rio Graude_100 800 24,297i 5 Sale

Preferred 100 5,800 75,722, 7 83/sDetroit & Mackinac_ 100 81(?, 80 2,Detroit United Ry____100 653 68%Duluth S S & Atlantic_100 9005

Preferred 5,100,

100 1,400 11,020 6 9Erie 100 324,030 3,654,5811 213/s 22

First preferred 100 43,900 884,895, 33 3434Second preferred__ _100 5,700 110,285: 26 29

Erie & Pittsburgh 50 20 Great Northern, pref__100 40,925 1471,795, 112% SaleIron ore properties 110,310 2,655,0651 2534 Sale

Havana El fly, L & P_100 200 2,2741 79Preferred 100 110 3,288; 9134

Hocking Valley 100 300, Illinois Central 100 6,453 46,2671107 SaleInterboro Consol Corp__ 46,100 508,159,

Preferred 18,215 184,947, Interb-Met vot tr ctts_100 700 1,585,075' 113/s Sale

Preferred 100 100 645,5011 50 51Iowa Central 100 2,580,

13 3 7

Preferred 100 180 K C Ft S&M tr ctfs pref 7051 Kansas City Southern_ 100 28,870 443,2801 21 25

Preferred 100 4,030 57,4411 50 58Keokuk & Des Moines_100 100 510 3 10

Preferred 100 36 Lake Erie & Western__100 1,700 23,160, 3

Preferred 5

100 1,200 13,225' 8% 50 44,900 6211:0783911 651A. SaleLehigh Valley 50 2,300Long Island

1 Louisville & Nashville_100 3,770 76,486, 112Manhattan Railway- _100 824 14,187 121 128Michigan Central 100 18 51 120Minneap & St Louis...100 12,219 65,094, 11

Preferred 100 2,710 33,0281 27M StP&SSM 100 4,275 66,0491105 103Preferred 100 1,000 5,375: 130Leased line certificates_ 400 1,3401 73 82

Mo Kansas & Texas_ __100 8,400 448,200, 834 SalePreferred 100 3,300 114,273 26

Missouri Pacific. 100 38,500 1,936,309, 734 SaleCertificates of deposit__ 24,505

Morris & Essex 50 50 21,310, 1,4171 78

Nash Chatt & St Louls.100 100 2,363, 135Nat Rys of Mex pref__100 200 2,700, 25Second pref 100 5,900 23,5751 4% 7

N Y Cent & Hud Riv 100 319,232 1,244.3201 84 85N Y Chicago & St L 100 805 11,430,

First preferred 100 530 Second preferred. ..100 300 7471

N Y Lack & Western- .100 75, N Y N H & Hartford...100 71,055 1,142,055 5434 SaleN Y Ontario & West__100 8,600 292,129

,21 223%

,570 Norfolk Southern 100 400 2 2534Norfolk & Western_ 100 35,890: 343,448 983% 100Pref (adJustment) 100 1,203 2,915 83% 89

Northern Central_ _ ____50 10 Nor Ohio Trac & Light 100 100 Northern Pacific 100 65,950 763,491 100 SalePacific Coast Co 100 600Pennsylvania 50 87,594 838,833 523% SalePeoria it Eastern 100 100 10,450 Pitts Cin Chic & St L_ _100 800 18,964 66 89• Preferred 100 700 1,250 105Pitts Ft W & Chic____100 84 151 Reading Company____ 50 118,645 6,281,186 ale

First preferred 50 1,000 7,985 ......433%Second preferred... 50 1,311 19,817 3934 4134Rock Island Co 100 6,520 67,203

100 8,270 % SalePreferred 166,790 al% SaleRutland, preferred_ 100 310

St Louis & San Fran__100 6,463 148,910 134 234First preferred 100 700 13,150 8 12Second preferred_ 100 3,200 99,069 234 334St Louis Southwest... 100 700 11,003 20Preferred 100 7007 37Seaboard Air Line 100 7,525 ,680

113,029 1134 1134,100 11,520 121234 Preferred 38Southern Pacific Co... 100 151,240 2,404,266 82 SaleCertificates of interest__ 506 10,905

Subscrip rects part paid_

58876 Southern Railway ____100 43,500 699,5,454

14127Preferred 100 10,485 53Texas & Pacific 100 11,900

:732 Third Ave new 24,095 789,635, aToledo St Louis & W.100 100 7,760, 334Trust Co receipts 800, __ _____

, 8Preferred 100 200 8,200 6Trust Co receipts 3,000

Twin City Rapid Tran.100 1,400 16,924',96% 97

Preferred . 100 133 Union Pacific 100 177,140 4,449,049; 1153% SalePreferred 81,686' a79% SaleWa.rrants

100 11,68011,4241 _

United Rye Investment 100 7,510 389,995, 7 8Preferred 100 6,010 214,460 22 2334Virginia Itv & Power _100 400 6601 48Preferred 1009631Wabash (new) when Ns... 39,230 202,430

1,

Preferred A when issued 95,650 221,400, Preferred El when issued 142,875 296,650,

Western MarylandRy_100 17,400 202,593 10 SalePreferred 100 1,000 20,490, _____ 29

Wheeling & Lake Erie_100 2,300 101,800, 2 3First preferred ._ 100 800 27,955 9 12Second preferred 100 1,590 61,000! 3 4

Wisconsin Central_ 100 1,100 37,7201 30 39

Jan. 31. Lowest. Highest. Lowest. Hsvhea:.Bid. Ask. Bid. Ask. Sale Prices. I Sale Prices. I Sale Prices. Sale Prsces.1534 Sale 1234 Sale 123/s Jan. 26' 1534 Jan. 3 1031 Jan. 4 1734 Nov. 33934 Sale 343/s Sale 34 Jan. 31 393/s Jan. 4 2534 May 14 4134 Nov. 3100 Sale 953% Sale 943/s Jan. 27 10234 Jan. 3 773% July 26 1013./s Dec. 31135 Sale 132 13234 131 Jan. 27 1363/s Jan. 5 12034 Sept. 2 133 Dec. 3113434 Sale 129 Sale 129 Jan. 31 1343/s Jan. 3 11834 July 10 13334 Nov. 16172 180 172 180 1743% Jan. 4 175 Jan. 11 163 July 9a175 Jan. 30173% Sale 163% Sale 1634 Jan. 18 1934 Jan. 7 1034 July 23 333% April 15120 124 120 125 120 Jan. 19 120 Jan. 19 a114 April 8 123 Nov. 11133 140 136 141 136 Jan. 27 136 Jan. 27, 124 Sept. 17 133 Dec. 847 50 46 40 Jan. 29 4734 Jan. 11' 25 Feb. 23 52 Oct. 2274 77 75 74 Jan. 29 76 Jan. 17 533% Feb. 17 77 Oct. 20793/s 1 7834 July 7 a79 % April 15 46% 3334 34% 2714 Sale 273% Jan. 31

a45 Dec. 16 a45% D3C. 1632% Jan. 8, 24 Mar. 15 3334 Nov. 352 56 50 53 51 Jan. 24 55 Jan. 13 45 Jan. 18 60 Nov. 1345 50 40 50 48 Jan. 11 48 Jan. 11; 35 Sept. 2 52 Nov. 20 a38 Sale a38 Jan. 31 a38 Jan. 31; _ 15334 Sale 1503% Sale 150 Jan. 27 1543% Jan. 19 13834 Aug. 31 15434 Nov. 4223 230 5223 Sale 223 Jan. 25 5225 Jan. 6 199 15-16Jan.6 233 Nov. 2314 Sale 10 13 113% Jan. 11 14 Jan. 3 4 Jan. 12 1634 Nov. 1624 Sale 17 20 1934 Jan. 27 24 Jan. 3' 63% July 9 2934 Nov. 17

69 76 79 Sale 70 Jan. 7 81 Jan. 291a7506 Jan. 13 23(

JAuplryi 231 a 7700 JulyNov 2635 7% 5 Sale 5 Jan. 261134 153% 9 15% 10 Jan. 27 14 Jan. 5!

2 July 14 8% Oct. 294 July 20 1534 Nov. 443 Sale 353% Sale 35 Jan. 31 437/s Jan. 3 1934 Feb. 24 4534 Nov. 19583./s Sale 503% Sale 503% Jan. 31 593/s Jan. 3 323% Feb. 24 5934 Nov. 19543/s Sale 46 Sale 453/s Jan. 31 549-4 Jan. 3 27 Feb. 27 51% Dec. 31 70 1 6234 Dec. 2 6214 Dec. 212634 Sale 51193/sSale 51193/sJan. 3112734 Jan. 41123% Jan. 2 12834 Nov. 55034 Sale 423/s Sale 4234 Jan. 31 503% Jan. 3, 25% Jan. 2 54 Oct. 22 95 Jan. 5 96 Jan. 11' a71 Mar. 13 833/s Nov. 30

95 April 29 101 Sept. 23 110 112 April 15 118 April 10108 Sale 105 Sale 105 Jan. 3110934 Jan. 3, 99 July 7 113 April 1921 Sale 173% Sale 163% Jan. 31 2134 Jan. 3' 1834 July 10 2594 Nov. 47734 Sale 735% Sale 73 Jan. 26 7734 Jan. 3 70 July 10 82 Nov. 5 173% Sale 173% Jan. 31 2034 Jan. 51 103/s Jan. 16 25 . Nov. 4 803% Jan. 24 803/s Jan. 241 j49 Jan. 19 85 Nov. 87 10 5 10 15 28 10 15

6 Feb. 4 10 Feb. 16 18 Feb. 13 18 Feb. 13x64 67 62 65 I a60 April 1 6834 May 53134 Sale 2534 Sale 2534 Jan. 31 3234 Jan. 4' 2034 Feb. 24 353./s Nov. 16334 Sale 603% Sale 603% Jan. 27 6434 Jan. 3 5474 Feb. 24 6534 Nov. 53 434 3 434 334 Jan. 19 334 Jan. 19, 4 Nov. 18 a634 Feb. 1530 30 _ 1

163-4 Sale 12 14 12 Jan. 26 1634 Jan. 3 5 Jan. 5 1634 Dec. 3141 Sale 34 37 37 Jan. 21 41 Jan. 3, 19 May 27 4134 Dec. 3181% Sale 75% Sale 7434 Jan. 31 83 Jan. 4' 6474 Feb. 21 8:33/s Nov. 192034 24 2034 Sale 20 Jan. 31 2234 Jan 171 15 Jan. 11 2734 Oct. 111293,/s Sale 2124 Sale 3124 Jan. 31 130% Jan. 13, 10134 July 8 13134 Nay. 41313% Sale 130 1313% 1303% Jan. 6,13134 Jan. 28' 125 June 25 132 130.)c. 18a130 Sale 126 130 a125 Jan. 22a130 Jan. 31,2100 Feb. 8 al 10 Oct. 815% Sale 5 Sale 5 Jan. 311 1534 Jan. 4! 8 Sept. 15 19% Feb 1533% 36 15 16 Jan. 291 33% Jan. 6 24 Sept. 15 49 Feb. 151241,/s Sale 12034 Sale 120 Jan. 27,125 Jan. 3106 Jan. 4 12634 Nov. 1137 Sale 135 137 135 Jan. 13,137 Jan. 15', 123 June 8 135 Dec. 3175 Sale 75 80 75 Jan. 3' 75% Jan. 13, 70 Sept. 17 a78 April 22634 73/s 534 Sale 534 Jan. 31 75/s Jan. 13, 4 Sept. 23 153% April 1916 17 14% Sale 1434 Jan. 31 16% Jan. 41 103.4 Sept. 25 40 April 54 Sale 5 Sale 4 Jan. 3 65% Jan. 171 1% July 27 183% April 1943-4 Sale 434 Sale 4 Jan. 3 634 Jan.- 15' 534 Nov. 30 734 Nov. 16 813% 89 a83 Jan. 5a83 Jan. 51080 Aug. 12a90 May 3131 140 5127 135 5130 Jan. 24 130 Jan. 24, 120 June 23 134 Dec. 31 24 2434 2334 Jan. 211 2334 Jan. 211 1434 Aug. 31 2834 Oct. 3083/s Sale 634 9 734 Jan. 20 9y, Jan. 12 4% July 28 9% Oct. 21109 Sale .5104%Sale 1033% Jan. 31,511134Tan. 19 8134 Mar. 111034 Dec. 274634 4734 37 42 41 Jan. 26, 45 Jan. 13 30 June 29 4634 Dec. 2383 90 80 90 1 75 Aug. 11 843% DJC. 963 73 60 Sale 60 Jan. 311 66 Jan. 12, 50 Oct. 7 66 13.3c. 31 128 I a112 Feb. 2a118 Dec. 9775-4 Sale 66 Sale 6534 Jan. 311 7734 Jan. 10 43 Feb. 25 89 Oct. 1131 Sale 263% Sale 265/s Jan. 31, 31 Jan. 3 21 Jan. 6 35 April 2025 27 233% 27 24 Jan. 24 27 Jan. 6' (115 Sept. 30 27 Dec. 20121 Sale 115 Sale 1143% Jan. 3112234 Jan. 4 9934 Jan. 4 1223.4 Dac. 28843% 863/sr85 87 863% Jan. 4 883% Jan. 7, 8034 Sept. 2 90 June 15

la423/s Jan. 27 a4234 Jan. 27 70 1 68 D3C. 7 63 Dec. 71173,/s Sale j1123Sale 51113/sJan. 31,118% Jan. 4' 99% Feb. 24 113% Dec. 3150 70 45 70 159 Sale 5734 Sale 57% Jan. 31 59% Jan. 63 April 16 67 April 1

4 31 13-16Feb24 6134 Nov. 313 15 10 13 13 Jan. 25 13 Jan. 25 4 Jan. 5 1534 Dec. 14 85 79 Sale 79 Jan. 31 8234 Jan. 13 05 May 17 86 Nov. 592 97 588 92 588 Jan. 26 98% Jan. 13 90 June 19, 9814 June 5 158 1 a154 Sept. 2a158 Jan. 258234 Sale 753,/s Sale 753./s Jan. 31 8434 Jan. 4 6934 May 101 8534 Nov. 34134 43 43 433./s 43 Jan. 5 4334 Jan. 231 4034 S.! t. 20 45 June 124134 4254 42 4234 4174 Jan. 27 44 Jan. 15: 40 Ft b. 2.3 44 Oct. 2934 Sale % Sale % Jan. 4 % Jan. 171 34 July 15 13% April 10% Sale % Jan. 12 % Jan. 18 % June 21 234 April 9

1 22 Sept. 16 25 Nov. 20534 Sale 37/s Salf) 33.4 Jan. 31 6 Jan. 71 13% Mar. 22 8 Nov. 1834 11 8 10 89/s Jan. 11 10 Jan. 7, 7 Aug. 17 1434 Nov. 87 Sale 67/s Sale 634 Jan. 7 8 Jan. 71 3 Jan. 13 1031 Nov. 8 21 19 19 Jan. 17 19 Jan. 171 11 Sept. 9 23 Nov. 24 473/s 44 Jan. 23 45 Jan. 14' 29 Sept. 29 4534 Dec. 1818 189/s 1634 Sale 16 Jan. 31 1834 Jan. 13 1134 July 31 203% Nov. 539 40 3734 Sale 363,/s Jan. 31 42 Jan. 13 293% July 241 433,/s Nov. 4

1033/s Sale 9834 Sale 98 Jan. 3110134 Jan. 4' 8134 Feb. 5 10134 Dec. 31 11994 Jan. 18 11934 Jan. 18 9474 Feb. 20 120 Dec. 6

1d9254 Jan. 254973% Feb. 32334 Sale 209-/s Sale 20 Jan. 31 243.4 Jan. 4' 1234 July 23 26 Nov. 163 Sale 59 Sale 59 Jan. 31 63 Jan. 13' 42 July 23 63 Nov. 3834 Sale 73-4 Sale 734 Jan. 22 10 Jan. 3 834 July 21 1774 Apr111960 Sale 6034 Sale 5934 Jan. 31 623% Jan. 151 35 Jan. 2 6434 Oct. 145 9 5 8 634 Jan. 7 634 Jan. 71 1 Jan. 6 874 Nov. 305 6 5 6 5q Oct. 13 63/s Nov. 1610 17 10 12 1034 Jan. 25 103% Jan. 8, 53-4 May 25 1434 Nov. 3010 13 10 14 1 6 July 23 13 Nov. 59434 9794 95 Sale 95 Jan. 27 9654 Jan. 111 90 July 9 100 April 191283/s 1283./s 1125 Nov. 4 a135 Sept. 141383/s Sale 1313% Sale 131 Jan. 31 my, Jan. 4' 1153% Jan. 2 14134 Nov. 1883 Sale 83 Sale 8234 Jan. 6 84. Jan. 28 79 Mar. 1 843% Nov. 22 1, 273% Feb. 24 3534 Nov. 27207/s Sale 17 Sale 17 Jan. 31 213/s Jan. 4' 8 Jan. 5 2734 Oct. 139 Sale 32 Sale 313/s Jan. 31 399/s Jan. 3 2134 Mar. 15 4734 Oct. 147 48% 47 50 47% Jan. 17 4834 Jan. 20: 45 Nov. 19 a48% Dec. 6100 1 163% Sale 143.4 Sale 143/s Jan. 31 17 Jan. 31 1234 Oct. 15, 1734 Nov. 146% Sale 44 4 Sale 44 Jan. 31 48% Jan. .5,' 43% Oct. 16: 49% Nov. 130 Sale 28% Sale 23 Jan. 31 32% Jan. 15! 21% Oct. 16' 32% Nov. 131%, Sale 24% Sale 25% Jan. 31 31% Jan. 4, sq, Jan. 4 35% Oct. 1140 45 39 45 433.4 Jan. 6 453.4 Jan. 12; 25 Jan. 5 507/s Oct. 114 434 3 Sale 25,4 Jan. 20 43/s Jan. 5, % July 28 sq Nov. 413 16 10 12 11 Jan. 19 15 Jan. 8 2 Aug. 2 194 Nov. 2443,/s 6 394 43.4 33i Jan. 18 474 Jan. 171 % Aug. 10 834 Nov. 2337 40 3634 Sale 363/s Jan. 31 38 Jan. 15 28 July 26 45 Nov. 1

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

1‘2 STOCKS-STOCK EXCHANGE RECORD [voL. 102.

STOCKS. SALESPrice about

PRICES IN JANUARY. RANGE FOR YEAR 1915.

N Y STOCK EXCHTIE /n In Year Jan. 21 Jan. 31. Highest.

January. 1915. 1915. Lowest. Highest.Jan. 3. Lowest.

Par Shares. Shares. Bid. Ask Bid. Ask.lBid. Ask. Sale Prices. Sale Prices. Sale Prices. Sale Prices.

Industrial and Miscellan

Adams Express 100 2,329 17,445 88 1473- Sale 135 150 14734 Jan. 3 15434 Jan. 4 80 Jan. 22 145 Dec. 30

Alaska Gold Mines 10 60,700 1,543,120 263% Sale 243-'2 Sale 235% Sale 235% Jan. 24 2634 Jan. 7 2131 Dec. 9 4034 April 22

Alaska Juneau Gold Mg 10 21,600 337,450 1.0 Sale 93% Sale 95% Jan. 28 1034 Jan. 7 934 Dec. 13 1334 Nov. 4

Allis Chal Mfg v t c___100 49,422 2,634,426 634 9 31 Sale 2634 Sale 25 Jan. 12 313( Jan. 4 734 Jan. 12 4934 Oct. 4

Preferred v t c 100 15,880 566,844 37 83 Sale 765% Sale 7534 Jan. 24 83 Jan. 3 33 Feb. 10 8534 Dec. 30

Amer Agricul Chem 100 17,900 227,460 ----- 48 7234 Sale 6734 Sale 67 Jan. 11 7234 Jan. 3 48 Jan. 4 7434 Nov. 8

Preferred 100 1,840 10,780 8934 91 98 9934 97 9834 97 Jan. 27 995% Jan. 5 90 Mar. 27 10134 Nov. 19

American Beet Sugar 100 30,000 1,513,175 335% Sale 69 70 625% Sale 623/2 Jan. 31 69 Jan. 4 3334 Jan. 6 7234 Dec. 7

Preferred 100 771 9,471 81 84 90 95 93 943% 94 Jan. 4 947/s Jan. 17 83 Feb. 1 95 Nov. 24

Am Brake S & F ctfs 100 900 21,156 87 97 10034 104 103 Sale 102 Jan. 8 1033/3 Jan. 28 8734 Feb. 25 1093% Aug. 9

Preferred ctfs 100 200 27,8831 136 19534 Sale 184 192 193 Jan. 5 19534 Jan. 3 13234 Mar. 25 21934 Oct. 28

American Can 100 419,100 5,186,400 258% Sale 6134 Sale 6134 Sale 5934 Jan. 5 6434 Jan. 17 25 Feb. 24 6834 Oct. 4

Preferred 100 6,340 136,321 89 91 112 Sale 110 Sale 110 Jan. 31 11334 Jan. 26 9134 Jan. 5 11334 Nov. 30

Amer Car & Foundry 100 110,555 1,008,647 4.16 sale 7734 Sale 65 Sale 6334 Jan. 31 78 Jan. 3 40 Feb. 23 98 Oct. 4

Preferred 100 1,210 l7 O7Oi 11134 11534 11734 Sale 11734 Sale 11734 Jan. 3 11834 Jan. 12 ill% May 25 118 Aug. 17

American Cities pref 100 1,570 42 Nov. 26 60 Jan. 12 23 Oct. 21 25 Nov. 10

400: 20 28 20 28 Am Coal of Alleg Co___

25

Amer Coal Products__100 63,270 304,172; 83 156 Sale 161 Sale 15434 Jan. 1117534 Jan. 19 82 Jan. 20 17034 July 12

Preferred 100 1,100 5,250, 104 105 115 118 5115 Jan. 20 11634 Jan. 7 n105 Jan. 7 120 Sept. 11

-Pref subscription recta__ 8

700 /114 Sale f11334Jan. 4 /115%Jan. 151114 Dec. 30d115 Dec. 9

American Cotton 011_100 8,820 316,261521; 3834 39 5534 Sale 5134 Sale 5134 Jan. 31 5734 Jan. 17 39 Jan. 4 64 Oct. 23

Preferred 100 485 8,2411 91 9734 9634 9934 98 100 98 Jan. 6 9934 Jan. 15 91 June 25 10234 Nov. 5

American Express 100 2,035 23,496 97 12834 Sale 130 Sale 12834 Jan. 3 14034 Jan. 4 a83 Feb. 17 13334 Nov. 17,

Amer Hide & Leather.. 100 9,820 250,166; 434 43% 12 Sale 934 Sale 93/s Jan. 26 12 Jan. 3 434 Feb. 19 1434 Oct. 22

Preferred 100 26,600 401,650; 18 1934 55 Sale 4834 Sale 48 Jan. 31 57 Jan. 18 1934 Jan. 5 595% Oct. 22

Amer Ice Securities__.. 100 16,456 294,315' 2034 21 2534 Sale 2734 Sale 25 Jan. 20 2834 Jan. 31 205% Jan. 4 35 April 30

American Linseed 100 48,850 558.0051 734 Sale 2334 Sale 2234 Sale 215% Jan. 12 2534 Jan. 26 734 Jan. 2 3134 Oct. 25

Preferred 100 9,4501 154,169, 25 4134 Sale 4034 Sale 3934 Jan. 12 4334 Jan. 15 24 Jan. 5 5034 Oct. 25

American Locomotive_100 127,7101 2,174,900; 23 Sale 6834 Sale 6334 Sale 6034 Jan. 11 69 Jan. 3 19 Mar. 2 7434 Oct. 23

Preferred 100 4,760 36,700; 95 97 101 Sale j1013%Sale z1005%Jan. 5 103 Jan. 27 75 Mar. 16 105 .Nov.. 222

American Malt Corp.... 100 7,700 81,555' 4 0 8 9 85% Sale 834 Jan. 18 9% Jan. 25 334 April

14 13w, coc

Preferred 100 2,100 36,1641 ____ 33 32 35 5335% Sale x315/g Jan. 14 3434 Jan. 25 2134 May 27 3734 Dec. 7

Am Smelt Sec, pref B_100 1,425 14,269 -78 80 8534 86 8634 8734 855% Jan. 10 8734 Jan. 25 78 Jan. 19 8534 Dec. 31

Preferred ser A stamped 6,397 22,7211 923/2 Sale 91 93 92 Jan. 3 9334 Jan. 7 86 Oct. 6 92 Dec. 31

Amer Smelt & Refin___100 645,884 2,514,005; 50 Sale 107 Sale 965% Sale 9634 Jan. 311135% Jan. 4 56 Jan. 2 10834 Dec. 31

Preferred 100 5,315 45,685 99 100 113 Sale 1133% Sale 112 Jan. 6 11434 Jan. 27 100 Jan. 4 113 Nov. 18

American Snuff 100 100 9,101 !

155 ,148 150 120 148 148% Jan. 10 14834 Jan. 10 144 Jan. 16 165 April 22

2,336Preferred, new 100 200 10434 11034 104 110 108 Jan. 17 110 Jan. 27 103 Jan. 19 1105% Nov. 5

Amer Steel Foundries.. 100 27,830 593,690, 26 32 6034 Sale 53 Sale 53 Jan. 27 6134 Jan. 4 2434 Mar. 5 7434 Oct. 19

American Sugar Refin_100 29,031 434,905:102 105 1145% Sale 1115% Sale 1105% Jan. 3111634 Jan. 8 9934 Feb. 24 11934 Nov. 5

Preferred, new 100 2,331 21,843, 58 111 114% 1118% Sale 117 Sale 117 Jan. 3111834 Jan. 4 109 Feb. 5 11934 Nov. 30

,'Amer Teleg & Cable.._100 370 4,523 6334 68 65 Sale 635% Jan. 20 65 Jan. 31 58 Mar. 18 a65 July 20

Amer 'releph & Teleg_100 31,493 405,428; 115% 117 127 Sale 12634 Sale 12634 Jan. 3112834 Jan. 15 116 Jan. 4 13034 Nov. 4

American Tobacco__ 100 7,320 135,370, 215 220 208 Sale 201 Sale 2005% Jan. 11 208%, Jan. 4 212 Nov. 29 25234 April 22

Preferred, new 100 2,765 26,0511101% 10335 10734 Sale 107 108 10634 Jan. 1110834 Jan. 29 10334 Jan. 4 111 Nov. 23

American Woolen 100 1,000 288,175, 15 25 46 5134 44 Jan. 11 5334 Jan. 22 1534 Mar. 6 5734 Oct. 20

Certificates of deposit__ 36,651 47,035, 49 Sale 4834 Sale 42 Jan. 11 5334 Jan. 22 46 Nov. 10 56 Oct. 20

Preferred 100 550 64,584; 77 78 95 Sale 6,707;

94% Jan. 5 95 Jan. 3 77% Feb. 27 100 Oct. 4

Certificates of deposit 5,220 95% Sale 96 97% 92 Jan. 10 97% Jan. 22, 95 Dec. 28 99% Nov. 15

Am Writing Paper, pf_100, 1,450 19,015' 11 11 14 10 13 11 Jan. 8 1334 Jan. 4: 5 July 3 15 April 20

Amer Zinc, Lead & Sm_251 30,5501 26,450 685% Sale 66 Sale 6534 Jan. 31 70% Jan. 6 6734 Dec. 29 7134 Dec. 24

Anaconda Copper____ 50; 423,040' 3,737,16118 2534 sale 905% Sale 583% Sale 58234 Jan. 31 9134 Jan. 3 s 2434 Feb.24 915% Nov. 17

Assets Realization--- 1001 500 14,245, 5 10 5 10 5% 8% 6 Jan. 24 8 Jan. 4 5 Jan. 4 14 Oct. 27

Associated Oil 100, 19,465 22,900, 73 Sale 62 Sale 62 Jan. 31 77 Jan. 3 55 Nov. 29 z7434 Dec. 31

Baldwin Locomotive__100 461,920 3,765,070 40 11634 Sale 109 Sale 10334 Jan. 12'1l8% Jan. 3 265% Mar. 3 15434 Oct. 23

' ,

Preferred 100 1,200 20,669, 105 110734 Sale 10834 10934 1075% Jan. 3 10834 Jan. 21 92 Mar, 9 114 Sept. 29

Batopilas Mining 20 30,750 247,557: % 341 33% Sale 234 Sale 234 Jan. 31 3% Jan. 5 Feb. 5 45% Dec. 94

Bethlehem Steel Corp. 100 13,705 1,522,582: 4634 Sale ,455 Sale 450 Sale 415 Jan. 11,493 Jan. 18 46 Jan. 2 600 Oct. 25

Preferred 100 2,000 94.03812,000

91 Sale 143% 157 128 140 130 Jan. 241145 Jan. 6 9401 Jan. 6 . 12 14824m Aug.

2172

Booth Fiseries 100 35 35 80 Aug. 16 80 Aug. 16

Preferred 100 1001 79 79

Brooklyn Union Gas....100 1,200 14,2661 13134 13334 12934 131 13034 Jan. 29 132 Jan. 14 118 Jan. 5 138% Oct. 14

3,820 Brown Shoe Co 100 402 45 50 49 52 5034 Jan. 19 52 Jan. 241 23 May 14 50 Dec. 7

Preferred 100 1,300 6,065: 85 9634 98 595 9634 z95% Jan. 21 99% Jan. 11 64 Aug. 9 99 Dec. 3

Brunsw'kTerm&RySec.100 5,275 33,8971 734 1334 Sale 10 Sale 934 Jan. 31 14 Jan. 12 434 Mar. 12 1434 Dec. 7

Burns Bros 100 3,660 28,480, 865% Sale 8234 8434 835% Jan. 15 87 Jan. 3 7934 Dec. 10 94% Oct. 10

Preferred 100 100 200 100 110 5106 114 a104 Jan. 10 a109 Jan. 7 108 Oct. 18 109 Dec. 31

Bush Terminal 100 1,220100 Sale ja96 Sale 596 Jan. 6 100 Jan. 3

Butterick 100 610 12,4781 27 28 28% 32 2934 Sale 2934 Jan. 31 31 Jan. le 27 Feb. 4 3634 Oct. 2

Butte & Sup Cop, Ltd....10 103,550 544,1341 72 Sale 7534 Sale 71 Jan. 3 7994 Jan. 26 53 May 10 7934 June 4

Calif Petrol vot tr ctf__100 217,965 509,123 1634 Sale 37 Sale 28 Sale 2734 Jan. 31 425% Jan. 3 8 July 26 38% Dec. 31

Preferred 100 79,300 198,1631 %

51% 74 Sale 58% Sale 57% Jan. 31 805% Jan. 3 30 July 26 81 Dec. 30

Case(JI)Thresh M pfctf 100 500 6,763, 77 85 88% Sale 86 Sale 86 Jan. 31 883% Jan. 18 745% June 5 903% Nov. 10

Central Leather 100 56,200 1,694,706, 373% Sale 54 Sale 5134 Sale 51% Jan. 31 5634 Jan. 18 325% Feb. 20 6134 Nov. 4

Preferred 100 3,510 35,898, 100 10034 109 Sale 10934 Sale 10834 Jan. 3 1105% Jan. 27:10034 Jan. 7 1105% Nov. 18

Cent & So Amer Teleg_100 28 591: 139 141 al35 Jan. 14a140 Jan. 8 all() Jan. 6 al44 Dec. 23

Chile Copper 25 40,250 93,152, 2434 Sale 223% Sale 223% Jan. 31 255% Jan. 5 235% Dec. 13 26% Nov. 24

Chino Copper 5 74,510 1,372,153, 3334 Sale 55 Sale 52 Sale 513% Jan. 31 553% Jan. 4 3234 Jan. 6 573% Nov. 17

Cluett, Peabody & Co_100 7,120 22,880 67 7334 Sale j7234 Sale 72 Jan. 12 76 Jan. 17 a55 April 28 7934 Oct. 20

Preferred 100 955 8,185:1 9734 100 108 112 1093% 11134 11034 Jan. 13 112 Jan. 24' 98 Jan. 20 11134 Dec. 27

Colorado Fuel & Iron 100 95,030 2,150,480, 20 23 52 Sale 4234 Sale 4234 Jan. 31 53 Jan. 41 2134 Jan. 5 66 Sept. 29

Computing-Tab-Bee 100 8,100 7,135' 47 49 4834 Sale 44 Jan. 6 52% Jan. 22, 4134 Nov. 23 493 Dec. 17

ConsGas El L&P(Balt)100 210 1,734: 115 11634 10934 115 114 Jan. 24 115 Jan. 4, 1115% Nov. 1311534 Dec. 4 -

Consolidated Gas N y_100 27,630 512,574, 114 Sale 14334 Sale 137 Sale 1355% Jan. 311443% Jan. 8 1133% Jan. 4 15034 Oct. lb

Continental Can Inc.... 100 7,100 339,050 40 42 8534 Sale 7534 Sale 7534 Jan. 31 8634 Jan. 3 4034 Jan. 4 127 Oct. 5

Preferred 100 565 25,156 87 88 107 108 106 108 108 Jan. 4 108 Jan. 41 8834 Jan. 5 1093-4 Dec. 10

Corn Products Refin 100 251,811 1,128,785 834 Sale 2034 Sale 215% Sale 1934 Jan. 6 2534 Jan. 251 8 Jan. 2 2134 Oct. 25

Preferred 100 23,132 79,571 63 67 x9434 Sale 96 Sale 93 Jan. 5 10134 Jan. 141 ,05 Jan. 5 963% Dec. 30

1,254 36 Sept. 16 49 May 7

Crex Carpet 100 69 40 50 40 49

Crucible Steel of Amer_100 605,235 4,621,945 7234 Sale 74 Sale 52% Jan. 12 7534 Jan. 31 1834 May 10 10934 Sept. 29

Preferred 100 8,000 114,334 110 Sale 1095% Sale 10834 Jan. 11111% Jan. 28 84 May 10 1123-4 Sept. 29

Cuban-Amer Sugar___100 20,752 186,771 48 1523-4 Sale 176 Sale 152 Jan. 5 18736 Jan. 211 38 Jan. 25 177 Dec. 1

Preferred 100 100 9,185 102 106 102 106 106 Jan. 12 106 Jan. 12' 8963 AMparril. 180 110 Sept. 14

6,490 99 Sept. 17

Deere & Co pref 100 1,100 90 95 97 96 Jan. 6 96% Jan. 31

Detroit, Edison 100 1,447 5,735 96% Saleal35 Sale 138 141 13234 Jan. 8 al4134Jan. 21 al113

% Feb. 5 a1345% Oct.29

Diamond Match 100 725 11,952 103 113 105 110 10634 Jan. 4 108 Jan. 15 z118 Nov. 30 z122 Nov. 30

Distillers' Secur Corp..100 130,375 1,469,632 1134 12 48 Sale 433% Sale 4134 Jan. 31 48% Jan. 31 55% Mar. 2 505% Oct. 29

Dome Mines Ltd (The)..10 27,800 377,484 2834 Sale 273% Sale 2636 Jan. 31 29 Jan. 3 b 16 June 25 3034 Dec. 6.

E I du Pont Pow pref.... 100 l,92t 9034 April 29 100 Sept. 3

Elec Storage Battery__100 3,800 67,225 _ 64% Sale 6034 Sale 603% Jan. 31 66 Jan. 4 63 Nov. 20 783% Sept. 25

Federal Min & Smelt__100 3,600 45,046 10 32 Sale 33 30 Jan. 11 35 Jan. 7 8 Mar. 24 60 June 12

Preferred 100 14,010 186,815 2834 33 52 Sale 5134 Sale 5134 Jan. 27 573-4 Jan. 7 20 Mar. 13 65 June 12

General Chemical 100 538 15,708 160 165 250 275 a265 Jan. 5a305 Jan. 13 165 Jan. 26 360 Oct. 8

Preferred 100 884 7,172 107 110 113 115 a113 Jan. 5 116 Jan. 27 106 Mar. 1 116 Dec. 10

General Electric 100 47,825 680,583 174% Sale 169 Sale 168 Jan. 3117834 Jan. 17 138 Mar. 3 1855% Oct. 4

Gen Motors vet tr ctfs_100 8,290 347,052 82 Sale 495 Sale 4503% Sale 415 Jan. 7 495 Jan. 3 82 Jan. 2 558 Dec. 9

Preferred vot tr ctra_100 7,100 111,588 85 9034 115 Sale 111 Sale 111 Jan. 3111634 Jan. 3 905% Jan. 4 136 Dec. 9

Goodrich (B F) 100 129,650 2,259,885 23 25 75 Sale 673% Sale 673% Jan. 31 7634 Jan. 3 245% Jan. 7 8034 Oct. 14

Preferred 100 2,400 32,660 92 955% 113 Sale 11134 113 110 Jan. 24 113% Jan. 8 95 Jan. 14 1145% Oct. 27

Granby Cons M, % S & P.100 15,800 1,170 91% Sale 85 Jan. 13 94 Jan. 28 7934 April 19 91 JDDueencce.. 31041

Greene Cananea Copp_ 100 15,595 69,70 50 Sale 47 Sale 4634 Jan. 20 51 Jan. 3 37 Oct. 25 52% Dec. 27

Guggenheim Explor ___25 43,830 1,173,747 % % %, 44 45 22% Sale 22 Sale 22 Jan. 31 2434 Jan. 3!x2215 Nov.Dec. 2031

8

G W Heim

6

e 100 30 175 160 195 160 195 1853

Preferred 100 500 115 112 119 114 119 112 Jan. 20 11434 Nov. 30

Homestake Mining___100 267 5,7181112 11734124 512734131 al26 Jan. 4 ja129%Jan.24; all4 Jan. 8a125 Dec. 23

Inspiration Cons Cop__20 367,610 3,567,621 16% Sale 45 Sale 4334 Sale 43 Jan. 31 4734 Jan. 13 1634 Jan. 2 475% Oct. 7

Int Agric Corp v t c__100 26,420 108,894 12 27 Sale 2034 Sale 205% Jan. 13 2934 Jan. 5, 534 Afar. 31 293% Nov. 1

Preferred v t c 100 59,610 117,160 20 68% Sale 583-4 Sale 5634 Jan. 13 74 Jan. 5 8 Mar. 15 713% Dec. 31

Int Harvester of N J....100 12,300 169,420 89 10934 111 10934 Sale 10834 Jan. 7 112 Jan. 20, 90 May 10 114 June 4

Preferred 100 320 3.,420 11634 110 120 116 1195% 116 Jan. 2111934 Jan. 4 10934 May 28 120 Nov. 4

let Harvester Corp___ 100 300 12,380, 73 75 80 73 Sale 73 Jan. 31 78 Jan. 6 55 Feb. 20 85 Dec. 9

Preferred 100; 700 2,397 115 102 108 107 110 107 Jan. 13 108 Jan. 11, 905% Mar. 6 114 Jan 14

Int Mere Marine tr ctfs__.: 379,880; 72,510, 195% Sale 16% Sale 165% Jan. 311 23% Jan. 18 18 Dec. 24 20% Dec. 27

Preferred trust certfs_ __I 791,010 1,006,260, , 7534 Sale 7834 Sale 75% Jan. 3, 85% Jan. 17 .55% Nov. 11 77% Dec. 51

Internat Nickel v t c_100 44,854: 92,106 '197% Sale 20334 Sale 1973% Jan. 32273% Jan. 17 17994 Dec. 32235% Oct. 5

Preferred vet tr ctfs. 100 745, 1,11.5 109% 112 109% Jan. 1511134 Jan. 18 1055% Oct. 19 110 Oct. 5

Test.,,,,it,-....., ,,....-• inn 11 !ma 174.575 '71‘ g 121/. Sale 10 Sale 10 .Tan. 31 1.2! .Tn. 4 R Jan, 6 1274 Dee. 27

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

FEB. 1916 STOCKS-STOCK EXCHANGE RECORD. 33STOCKS.

N Y STOCK EXCFPOESALES II

I, Price aboutJan. 21915.

PRICES IN JANUARY. RANGE FOR YEAR 1915.In

January.In Year 11915. 1 Jan. 3. Jan. 31. Lowest. Highest. Lowest. Highest.Par

Internal '1 Paper pref _100Kayser & Co (Jullus)_100

1st preferred 100Kings Co Elec Lt & P_ _100Kresge (S S) Co 100

Preferred 100 Lackawanna Steel____100Laclede Gas (St Louts).100Liggett & Myers Tob _ _ 100

Preferred 100Loose-Wiles Bis tr etts_100

First preferred 100Second preferred_ _ _100

P Lorillard 100Preferred 100

Mackay Companies_ _ _100Preferred 100

Manhattan Beach__ 100 Manhattan Shirt 100

Preferred 100Maxwell Motor tr ctf _100

1st preferred tr ctf_ _1002d preferred tr ctf _ _100

May Dept Stores 100Preferred 100

Mexican Petroleum__. 100Preferred 100

Miami Copper 5Montana Power 100

Preferred 100National Biscuit 100

Preferred 100Nat Cloak cti, Suit 100

Preferred 100Nat Enamel it Stamp_ 100

Preferred 100National Lead 100

Preferred 100Nevada Consol Copper__5New York Air Brake_ _ 1001New York Dock 100'

Preferred 100 No Amer Co new stock.100Ontario Silver Alining_ 100Pabst Brewing pref___100Pacific Mail SS 100Pacific Telep dr. Te1eg_100

Preferred 100People's Gas L it Coke_ 100Pettibone -Al ulliken_ _ _ 100

1st preferred 100Philadelphia Co(Pitts)_50Pittsburgh Coal of N J.100

Preferred 100Pittsburgh Steel pref 100Pressed Steel Car 100

Preferred 100Pub Serv Corp of N J_100Pullman Company 100Quicksilver Mining 100

Preferred 100Railway Steel Spring 100

Preferred 100Ray Consol Copper_ _10Republic Iron & Steel_100

Preferred 100Rumely (M) Co. Otis depPreferred Ctfs of dep___

Sears Roebuck dr Co .100Preferred 100

Sloss-Sheffield Steelik1.100Preferred 100

So Porto Rico Sugar_ _ _ 100Preferred 100

Standard Milling 100Preferred 100

Studebaker Corp (The)100Preferred 100

Tennessee Copper Co_ .15Texas Co (The) 100

Subscription receiptsTexas Pac Land Trust_100Tobacco Prod Corp. pf 10(Underwood Typewriter100

Preferred 100Union Bag & Paper.. 100

Preferred 100United Cigar Mfrs_ _ _ _100

Preferred 100United Cigar Stores..___10

Preferred 10United Dry Goods Cos.100

Preferred 100United Fruit 100U S Cast Iron Pipe it F.100

Preferred 100U S Express 100U S Indust Alcohol__ _100

Preferred 100U S Realty cir Improv_100U S Reduc & Refg__ _ _ 100

Preferred 100U S Rubber 100

First preferred 100Second preferred.. 100

United States Steel 100Preferred 100

Utah Copper 10Utah Securities v t c__ _100Va-Carolina Chemical _100

Preferred 100Va Iron Coal it Coke 100Vulcan Detinnliag 100Preferred 100

Wells, Fargo Express_ _100Western Union Teleg__100Westinghouse Air Brake.50 WesVgli E er. Mfg assent.50

First preferred 50Weyman -Bruton 100 Preferred 100

Willys-Overland 100Preferred 100

Woolworth (F W) 100Preferred 100

Shares.10,400

530097

178,3351,850700923

1,000100200

3,0511,5021,3841,825

100200

106,42515,51017,2001,200617

977,5952,300

173,6956,1001,4501,746,838'

3,000.370

16,36216,362642

159,7351,558

21,25185,610

200

7,32054,400

10015,2805,110160

12,900300

22,93060,77511,9251,200,

29,550;800,500

15,46022,86513,17015,700

80088,88389,5104,6961,500800

9,140100

13,700200

4,031465800

1,257237,190

2,300218,70571,000

500300240

7,9001,7002,300200

41,050750210

1,14031,6919,2501,350400

399,3105,120600

8,7004,500

79,1505,430

1,991,82024,678116,8954,300

39,070550

1,700200

5,90038,975

348,3051,920

40012,7601,400

20,6001.480

Shares. I121,210,

5,773, 7151 103

2,696 23,345,4,810

934,1821 22,209,22,919'9,197 13,4917,0701,920

14,5146,286 12,37512,517

900 9,195 820

1,297,645528,873779,58632,360 6,650

3,238,67825,578

1,036,047192,696 20,35110047,570,

1 7,009 47,905,1 9,696,

505,22117,645

574,018,13,821H

390,795526,303

2,351: 44;

120,2701262.932240,525 65,122

44066,669 19,4071,750

273,901 948,265 210,92510,090

1,136,542 11,81411,847 82,148 96,82045,405

467,8058,635

1,540,556 1,902,265117,194475,002

7,900 183,340

2,450145,491 5,069

288,674 7,030

30,251 1,875

34,46414,391

2,416,79547,805

1,378,229669,264 9,750716

19,897 11,675 2,110

159,20021,80512,7103,310

202,110 7,630 100

9,091 90,660230,237 29,310 15,590

627,805 18,090 14,374 51,945 1 30,285;

1,244,678,66,015'

100;23,225,6171104%

344,3242,753,125, 441,745, 32,450, 91,416' 13,590 1,185

27,5511421,840

1,950, 9,607,459

10,096 200 100

295,341 26,330

160,62010,240

Bid. Ask.33 34

84

94 9831 10031

88 92204 215

11526 30100 103

9434139 170

11170 75_____ 68

1531 Sale4331 Sale1831 Sale

569631

5231 5569 7617 1731

42

118.1 121123

931 1031, 78 904331 44104 1071131 Sale59 Sale

6731 683%2 3

19 2123 27

893%11631 1173112 27

1534 1631SO 83

82333/i Sale

101

151 153131 Sale131 2

90153j Sale1831 20

7631

184 Sale12131

218% 24

42 4566 6831353% Sale91 Sale3231 Sale130 13431

, 96

70102

4 620 314031 42319731 10031

5035 50

8 Sale

7515 25

7551

5131 Sale1003/s 10231

49 Sale10531

4931 4931

1580 111211

76 8257 Sale

333% Sale59280115

90 92ita 1141.4

Bid. Ask.5031 Sale82 86

107 112 1283112931

110 11231 80 Sale

10431 106260 Sale118 1193420 Sale9331 9655 Sale 180 185114 78 8065 66312 5

61 65 104 110

7531 Sale93 Sale57 Sale55 62103 105120 Sale104 Sale36 Sale7131 7431109 Sale124 125125 Sale7831 Salea112 Sale2831 Sale92 953166 Sale113 Sale1631 Sale

140 Sale15 Sale25 4075 Sale934 Sale

113% Sale 41 4393 95

,11131 Sale50 60

91 95z433% Sale3531 Sale11031 Sale95 973.46431 Sale104 105

116 120165 1674 4315 531

4031 4597 1002531 Sale55 Sale110 Sale13 1524 2818731 Sale12531 6331 Sale

99 104 130 145 105 108

9334 Sale8434 87167 Sale11331 Sale ,z62 Sale230 Sale

10831 100 10284 90107 113831 Sale28 316231 63%all° Sale

931 Sale 1131 1131

20 67 7314631 Sale25 Sale

47 5145 49128 Sale107 Sale3931 Sale

331 Sale331 43%

5531 Sale10931 Sale

8831 Sale117 Sale8031 Sale

48 SaleSale

z12931Sale8831 Sale

6831 Sale78 Sale205111 Sale

233 Sale11231 Sale 119 Salo122 124

Bid. Ask.54431 Sale

129% 13031

110 11231 81% Sale103 105252 260120 1631 2090 95

6018031 18511631 78 816531 68

55 60103 1096731 Sale8631 Sale493% Sale5031 Sale10231 Sale10231 Sale95 1003731 Sale72 7431110 Sale123 Sale12131 1283174 80107 1123123 Sale91 956631 Sale114 Sale1531 Sale142 Sale8 1418 25 69% Sale731 Sale

8231 85

3831 Sale94 97

510634Sale40 5390 92 41 Sale3031 Sale

j10431Sale596 Sale54 Sale10131 Sale115 Salez164 Sale531 Sale731 Sale3831 Sale99 1002331 Sale4931 Sale108 Sale11 132234

z178 Sale12631 553% Sale96 99135 150103 1073192 Sale8734 Sale144 Sale

5334 Sale19231 Sale

109 10031 10286 Sale110 113631 Sale2834 Sale562 Sale105 1105934 Sale113% 11742031 67 70

j13631Sale1534 Sale49 Sale42 46144 Sale5105 11135 37134 Sale134 2

49 Sale51073-gSale

80 Salez11534Sale7734 Sale19 Sale4534 Sale109 111

55 Sale

12931 Sale8731 Sale

64 Sale76 Sale

220115 11952013-4Sale

11931 Sale123 17434

Sale Prices.54431 Jan. 31a85 Jan. 18

11131 Jan. 27al28%Jan. 10a130

77 Jan. 410431 Jan. 2825931 Jan. 18119 Jan. 1220 Jan. 391% Jan. 1355 Jan. 317931 Jan. 1911531 Jan. 679 Jan. 76531 Jan. 20

60 Jan. 5109 Jan. 186331 Jan. 2086 Jan. 274931 Jan. 315031 Jan. 3110231 Jan. 3199 Jan. 3197 Jan. 263531 Jan. 374 Jan. 6109 Jan. 312031 Jan. 19125 Jan. 376 Jan. 5

11031 Jan. 1523 Jan. 3192 Jan. 196531 Jan. 3113 Jan. 315 Jan. 3113931 Jan. 31431 Jan. 4

69 Jan. 3163% Jan. 3183 Jan. 7113% Jan. 33831 Jan. 319334 Jan. 4

510534Jan. 3111131.50 Jan. 11

41 Jan. 312931 Jan. 31

510431Jan. 3111131596 Jan. 31100315331 Jan. 3110131 Jan. 31115 Jan. 31z164 Jan. 314 Jan. 115 Jan. 43734 Jan. 1299 Jan. 242231 Jan. 314831 Jan. 31108 Jan. 2111 Jan. 2424 Jan. 21x178 Jan. 31125% Jan. 8555% Jan. 319831 Jan. 26146 Jan. 29107 Jan. 492 Jan. 3186 Jan. 1814131 Jan. 31,167110 Jan. 22535% Jan. 31190 Jan. 31

100 Jan. 486 Jan. 12110 Jan. 28654 Jan. 3128 Jan. 2756134 Jan. 2710931 Jan. 55931 Jan. 31115% Jan. 62231 Jan. 1870 Jan. 6

j13634Jan. 3114931153.4 Jan. 3149 Jan. 114534 Jan. 2812651 Jan. 11107 Jan. 3511439 Jan. 13134 Jan. 241 Jan. 24

49 Jan. 315107 Jan. 27

7931 Jan. 31z11534Jan. 3177 Jan. 3119 Jan. 274534 Jan. 31109 Jan. 29543-1 Jan. 319 Jan. 28

128 Jan. 298734 Jan. 31

63 Jan. 3175 Jan. 31

111 Jan. 3j19931Jan. 31

11031 Jan. 1111251118 Jan. 512314 Jan. 4

Sale Prices.5031 Jan. 3,a85 Jan. 18,11231 Jan. 10,

Jan. 14'

86 Jan. 6106 Jan. 10265 Jan. 412031 Jan. 2721 Jan. 18913/2 Jan. 1356 Jan. 25185 Jan. 2011731 Jan. 208034 Jan. 2867 Jan. 17

60 Jan. 5109 Jan. 187531 Jan. 393 Jan. 357 Jan. 362 Jan. 4104 Jan. 412931 Jan. 310531 Jan. 339 Jan. 47734 Jan. 17111 Jan. 17;125 Jan. 11'!116128 Jan. 278131 Jan. 18111131 Jan. 15:100312931 Jan. 595 Jan. 47331 Jan. 191115 Jan. 22: 104311631 Jan. 3,15331 Jan. 15,15 Jan. 3; 1;a2575 Jan. 311131 Jan. 783 Jan. 7 1 1231 Jan. 25 144 Jan. 1519334 Jan. 4,'a88

Jan. 355 Jan. 201 1

46 Jan. 17;3631 Jan. 17;

Jan. 13Jan. 181

6531 Jan. 4';10431 Jan. 4,116 Jan. 11,,10017131 Jan. 17;1503163% Jan. 19831 Jan. 26!44 Jan. 51100 Jan. 42531 Jan. 3,,5531 Jan. 31110 Jan. 31331 Jan. 1026 Jan. 51188 Jan. 3125% Jan. 8:1218%6331 Jan. 3,1101 Jan. 13;.155 Jan. 131107 Jan. 20196 Jan. 2218731 Jan. 31

Jan. 3113% Jan. 4,;6631 Jan. 5123531 Jan. 3

101 Jan. 786 Jan. 1211031 Jan. 19851 Jan. 5293% Jan. 156331 Jan. 20110 Jan. 3934 Jan. 41174 Jan. 825 Jan. 57131 Jan. 10

Jan. 1713925 Jan. 35131 Jan. 4'47 Jan. 6169 Jan. 21

Jan. 1340 Jan. 5331 Jan. 54 Jan. 45834 Jan. 3110 Jan. 12

89 Jan. 311834 Jan. 258134 Jan. 32034 Jan. 27 51 Jan. 17112 Jan. 36234 Jan. 793/2 Jan. 28

135 Jan. 1792 Jan. 15

6934 Jan. 378 Jan. 3

115 Jan. 24235 Jan. 4

Jan. 312231 Jan. 712414 Jan. IS

I Sale Prices.33 Feb. 2476 Aug. 24107 Jan. 13al20%Alar.22

1 99 Jan. 18

1105% Feb. 1528 Jan. 79231 Jan. 15207 Jan. 911331 Jan. 516 Feb. 2386 Feb. 2055 Dec. 2216531 Jan. 6112 Sept. 14725% Jan. 1164% Oct. 28

1 2 Feb. 950 Jan. 28101 April 271531 Jan. 64331 Jan. 21033118 Jan. 635 July 269431 April 2751 Jan. 967 Jan. 151731 Jan. 642 Jan. 499 Jan. 29

April 3119 May 2568 Mar. 25

Mar. 27, 934 Jan. 4, 79 April 144 Jan. 4

Jan. 411% Feb. 245631 Feb. 2714 Nov. 17

Nov. 1564 Jan. 192 Feb. 23

z81 Dec. 32631 Feb. 11

Feb. 15,106% Dec. 2115 Mar. 5

1' 83 May 43534 April 71531 Jan. 4815% Jan. 474 May 1225 Mar. 686 Mar. 10

July 20Mar. 16

, 31 Mar. 15% Mar. 29

19 Mar. 68631 April 121531 Jan. 219 Feb. 172 Jan. 30334 Nov. 10d1434731 Oct. 23d29

b1313% Mar.17Jan. 4

24 Jan. 685 May 640 Feb. 1689% Feb. 44334 Feb. 23

, 66 Feb. 17' 3531 Jan. 291 Jan. 2119312531 Feb. 24120 May 14

11123 June 14 10131 April 30

95 May 1455 Feb. 239831 May 22454 Jan. 42274 July 1342 Jan. 25100 June 199 Dec. 221131 Oct. 2320 Oct. 134831 Jan. 12

Nov. 108 Jan. 23231 Mar. 34331 Dec. 215 Jan. 2770 Jan. 2625 Sept. 27134 April 261 April 9

44 July 24101% Feb. 24

7634 Feb. 138 Feb. 1

z102 Feb. 14831 Jan. 6

15 Jan. 480 Jan. 636 June 95 Jan. 21

21 Jan. 227734 Jan. 61343157 Jan. 2

140 Aug. 1932 Feb. 245834 Mar. 12

23234 April 6112 Dec. 1387 Feb. 2396 Feb. 139031 Jan. 6115 Jan. 8

Sale Prices.5031 Dec. 2488 April 26109 April 19al30 Nov. 8260 Dec. 16112 Sept. 15943% Sept. 29106 April 13260 Dec. 9120 Dec. 1431 Jan. 1110531 Jan. 136731 Oct. 18189 Nov. 15118 Jan. 1984 Nov. 56931 Jan. 195 Dec. 136931 April 23108 Nov. 992 Oct. 26

Dec. 286831 Oct. 266531 Dec. 610631 Dec. 612431 Dec. 3110431 Dec. 313631 Dec. 317931 Dec. 4114 Nov. 8132 Jan. 2212731 Dec. 1090 Aug. 27111 Nov. 18365% Oct. 2597 Dec. 87031 May 1115 Nov. 1517 Nov. 1716431 Sept. 221831 Nov. 23a25 Nov. 1581 April 211231 Dec. 9

38 Aug. 34934 Oct. 195 Sept. 912334 April 384 Oct. 1598 Oct. 849 Sept. 304231 Oct. 14114 Oct. 1410231 Dec. 17831 Oct. 4

106 Oct. 26120 Dec. 1617031 Oct. 2358% Nov. 1631 Nov. 154 Oct. 1102 Nov. 302731 Nov. 175731 Dec. 91125% Dec. 14

Dec. 4Nov. 24

20934 Feb. 1126 Dec. 106674 Dec. 7102 Dec. 30164 Dec. 1110 Oct. 1896 Dec. 3185 Nov. 29195 Oct. 22

Oct. 2770 Sept. 30237 Dec. 201236 Dec. 20al 11 Dec. 18103 Nov. 1597 Oct. 25110 Dec. 9931 Dec. 153134 Dec. 16663% Oct. 27110 Oct. 11034 Oct. 201231 Nov. 1020 Oct. 1375 Oct. 20163 , Nov. 173134 Oct. 295531 Nov. 87331 Mar. 913131 Dec. 24107 Nov. 150 Jan. 12103% June 141031 June 14743% April 14110 April 97634 Feb. 18934 Dec. 27117 Oct. 3081% Dec. 28

52 Oct. 2611331 Dec. 374 Oct. 2619 Oct. 2243 Nov. 3

Nov. 1790 Nov. 4143 Sept. 237431 Oct. 2685 Oct. 21255 May 10112 Dec. 13268 Nov. 1115 Dec. 912034 Dec. 23124 Aug. 21a Less than 100 shares. b Ex-rights. c Ex-city. & rights. d 1st paid. e 2d paid. I Full paid. g ad paid. h Ex-stock div. j Quoted ex-dividend during the month and prior to this date. k Stamped extended. n T.ust receipts. a Par $25. o 4th paid. w Fifth paid. z Ex-dividend.

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

34NOTICE.-All bond prices are now "and in

terest" except where marked "f" and income and defaulted bonds.

GENERAL QUOTATIONSOF

BONDS AND STOCKS.

1. In the following thirty Pages of tables, quotations are given for all the more important securities listed on any

Stock Exchange in the United States; also for leading unlisted and inactive securities.

2. Quotations from all Stock Exchanges are as near as possible for the closing day of the month preceding the date of

Issue. As the New York Stock Exchange began with Jan. 2 1909 to quote all bond prices "and interest," we have adopted

the same method, and no longer employ a designating mark to indicate the fact except where there is a

deviation from

this rule. The reader will understand, therefore, that unless the letter "f" is prefixed to the price, he must pay accrued

Interest in addition to the price. This, however, does not apply to income bonds or bonds in default, in which oases the

price includes the interest, should there be any.

3. The letter "f" prefixed to bond prices denotes that the quotation is a flat price-that is, that the accrued interest

forms part of the price, and therefore the purchaser does not have to provide for it separately in making pa

yment. As

already stated in the case of income bonds and bonds in default, the price is always "flat," and no designa

ting mark is

employed to indicate the fact.4. Stock prices marked thus (d) are per share. All others are per cent except bank stock prices, which are quoted

per share unless otherwise stated.

5. It should be borne in mind in the use of these tables that the quotations for many inactive and unliste

d securities

are merely nominal, but in all cases the figures are obtained from sources which are considered

reliable.

6. The following abbreviations are often used, viz.: "M" for mortgage, "g" for gold, "g'd" for guaranteed, "e

nd" for

endorsed, "cons" for consolidated, "cony" for convertible, "s f" for sinking fund, "I g' for land gran

t, "op" for optional.

7. The black-faced type In the letters showing the interest period indicates the month when the bonds mature.

NOTICE-All bond prices are now "and Interest" except where marked "t" and inco

me and defaulted bonds.

Bonds ; Bid. Ask. Bonds Bid. Ask. Bonds Bid. Ask.

RAILROAD BONDSweBonds of companies cod

are,

often under the consolidated name.

Bait & Cumb Val RR 6s'29_J&JEx 1st M 6s July1931___J&J

Bait dc Harrisb-See West Md

100100

Buffalo & Southwest-See Erie. Buffalo A Susquehanna Fly-

Is! g 4%s April 1 1953__MAN1 5 7

Adirondack-See Del A Hudson Baltimore & Ohio-Trust Co certificates / 10 12

Akron & Barb Belt g 45 '42_JArD, 90 Prior lien 3%s g 1925___J&J, 93% 933.4 Buff & Susquehanna RR Corp-

Alabama Cent-See South'n Ry 1st M 4s g July 1 1948__A&OI 924 923 1st 4s Dec 30 1963 J 77% 79

Ala Gt South 1st 5s Dec '27_J&J 90 Cony 4% 51933 red 1923 M&S 9I 98,4 Burl Ced Itap&No-SeeCRIAP

Gen M 5s Dec 11027 £_ _JAI) If 81 97%' Ref & gen 5s 1995 Ser A_JAD 102 102% Burl A M. (Neb)-See CBAQ

1st cons g 55 1943 Ser A_J&D 99 454% notes June! 1917_J&D 101% lul% ButteAnaconda & Pac 55'44 FAA 97% 99

Eq 4%s g May 1916___MAN5 4% ___

Belt Ry of Chatt 5s 1945_J&J 4%% notes June 1 1918_J&D 101% 101%

Eq g 4%s 1917-Feb '22 _ FAA 54.30%' 4.20%California N W 5s 1928 gu_ A&OCam A Clear-lst 5s g '41_ .I&J

101%104

102A106

Ala Midland-See Atl Coast Lin' Eq 4%s 1916-1923 __A&051.30% 4.20%, Gen M g 4s 1955 FAA 91 94

Alabama N Orl T & P June- Pitt Jc&M diy3 s g'25MAN 92% 93 Canada Sou 5s 1962 ser AA &O 101%

"A" deb 58 g '40 red '10_ MA NI If 81 92%

"B" deb g 5s '40 red '10_MAN If 181 77j.

"C" deb g 5s Nov 1 1940_A&O if 8/ 69 4

Pittsb Lake Erie A W Va-Refund gold 4s 1941__MAN fig% 89%

S W (By 1st g 33.s 1925__J&J. 92% 92%

Can No Land gr 4s 1919_ FAA 1st con deb 4s 1930 gu -I& D30Coll tr 5% notes 1917... M&S

. al 8099% 100

Ala Tenn & Nor 5s 1956A&O 90 Central Ohio- Eq 41-0 various b 6% 5%

Ala & Vick-Con g 5s 1921 A&O 100

2d consol g 5s 1921_ __A&O 100

Vicks & Mer 1st g 6s '21_ A&O 101

Reor 1st con g 4 %s'30M&S, 96Monon Riv 1st g 5s 1919 FAA! 101%

Ohio RivItR-Ist g 5s'36.1AD 105

- _

Manitoba SE 1st 4s £'20 FAA Winnipeg Term g 48 '39 g JA.1

ICanadian Pacific-_

Albany & Susq-See Del & Hod;Allegheny Valley-See Penn Mil

Gen gold 5s 1937_ __ A&O 102Huut&BS 1st 6s 1922_ _J&J 100

I Cons deben 4s perpetual __JA Ill6% notes Mch 2 1921..M&S2 102%

8/83 %1033.

Alleg AC West-See Buff R & PiRay Spen&G 1st 6s'20 FAA' 100 Eq tr 43.s 1916 1928 __ J&J 54.55% 4.40%

Allentown Term 4s g 1919_ _J&J, 98% 100 Pitts Cl A Tot 1st Os '22_A&O 105 Aroostook Val 13.s 1929_ FA A 70 80

Alton Bridge-See St C M &StLiPitts Junc-lst g Os '22__J&J 105 New Brunsw 1st g 5s '34_ FAA If _ 8/ 1013j

Ann Arbor 1st g 4s 1995.___Q-.1 63%, 653 2d g 5s July 1 1922__ J&J 102 Cons deb 4s perpetual rAll/ . k' 81

Arkansas Oklahoma & West- I Pitts A West-1st 4s '17_,J&J 99 Ont&Que deb gu 59 perp.J&D 81100

1st g 6s Jan 1 1947 J&J Sch Riv East Side 4s '25 J& D 98 983( Cart) & Shaw-See Illinois Cent

Aroostook Northern-SeeBango r & Are . Staten Isl Ry 43s 1943J &D 91% _ Carolina Cent-See Scab Air L.

AroostookValley-SeeCanadianPac.W Va A Pitts 1st 4s g '90 Atic0 883 833.4 Caro Clinch A Ohio 5s 1938-1& I) 93 9,1

Asheville & Spartanburg-S UBangor & Aroostook-

Equip 5s 1916-1922____ FAA b4.70% 4.50%

Col 1st m g gu 4s 1095.. J&J 88 1st M 58 g Jan 11043.. ___J&J 99 101 Elkh Ext 5% notes 1917_111&N 95

Atch dc East'n fir-4s 1928_J&J 80 Cons refund g 45 1951 _JAJ 64 67 Carthage & Adirou-See N Y C

Atchison Topeka & Santa Fe- Medford Ext 5s 1937_ _ _ MAr NI 811 85 Catawissa cons g 4s 1948 _ _ A&O 96 98

Gen mort gold 4s 1995_ _A&O, 94% 953 Piscat Div g 5s Jan '43_ _AAO, 94 96 C R Ia F N -See B C N

Adjustment 4s July 1 '95_ Noy, 87% 893 StJohns RivExt gu 58'39_ F&A, 85 90 C R Mo RIY-See Chic Ar NW

Stamped MAN 87% 873' Van Bur Ex 55 g Jan '43_A&O 84 86 Cent Ark & East-See St L S W

Cony g 4s 1955 opt J&DI 105% 106 Washburn Ext 1st 58'39_ F&A 84 88 Cent Branch Ry-See Mo Pac

Cony g 4s 1960 JADI 105%, 106 Aroostook Nor 5s g 1947 A&O 88 90 Cent Br U Pac-See Mo Pac

Bonds g 5s 1917 JAD 101 101%%1 Nor Maine Seaport 5s '35A&0 n 83 88 Central of Georgia-

Trans S L 1st g cis 1958 __J&J 904 Battle Cr'k A Stur-See Mlch C 1st M g 5s Nov 1 1945._ FAA 106%

Cal-Ariz lstArf4 %s'62opMAS 98%1 99 Beech Creek-See NYC& El Riv. Cons gold 5s 1945 MAN 101% 151q

Series B Bellingham Bay & British Col-1916_ _.1&.1Eq 4 s Ser

--b4 370

E Okla Div 1st g 4s '28_51.4S 96 93% 1st g 5s Dec 1 1932 JAD 92% 95 Eq 5s or K Sept 1916717MAS 54% 3%

Hutch & So 1st g 55 1928_ J&J 100 Bell A Caron-See Illinois CentChatt Div gold 45 1951__J&0 83% 85

Rocky Mt Div 45 1965_J&J 883i89 Belt RR & Stk Yds (Ind'P'1'3)-Macon & Nor g 5s 1946.. _JAJ 103

San Fran & San Joaquin Vail- 1st ref g 4s 1939 M&N 94 97 Mid Ga A Atl 1st 5s 1947-1&.1 103

1st g 5s Oct 1 1940_ __AA() 108 Belt Ry of Chat-See Ala Or SoMobile Div g 5s

1946_--103 105

Santa Fe Prescott & Phoenix I Belvidere Del-See PennsylvaniaOconee Div 1st g 5s 1945_JAD

1st g 5s 1942 MAI ' 102 Bennington A RutPd-See RutCent RR, A Bkg 59 1937 MAN 95% 979-4

Atlanta Birm & Atlantic- Big Sandy Ity-See Ches & OhioChattahoochee&G 5s '30_J&J 98

1st M g 5s Jan 1 1936 opJ&JJ 1 Birrn Belt-See St L & San FrChat 11 & South g 51 '47 ..1.1z.1 100

Col tr notes5s'10ext to'15MANI 40 50 Birmingham S E Os 1961 Mir N 100 Eatonton Br 5s g 1926. _.JAD 98

Atl & Birm 1st g 5s 1934_1W' 81Atlanta & Char! A L-See Southern Ry.

89 Birm Term 1st g 4s '57 gu_MASBoca & Loyalton Os '23 op A&O

80 , ;Cent

Ocean SS Co g gtd 5s '20 JAJIndiana-See Cl Citi Ch &

98St Louis

A tl Knox & Cin-see Lou A Nas Boonv St Louis A Sou-See Mo Pacific Cont New Hug-See NYNHHartf

Atlanta Knoxv & Nor-See Lou isv & Nash

Atlantic & Dan-See South RR,Boston & Albany 5s Oct '63.JAJ5s July 1 1938 jr,tj

10-112%107 108%

Jersey-of( nNoew1s g53 Central m wtGen87118 118%

Atlantic City-See Reading CoAtlantic Coast Line Co ofConn-

44s July 1937 4s May 1 1933 gu NYC_ 4'1'14 1"

1013.191%' 95%

Am DAImp Co gtd 5s 2! .J&JLeh dr W B Coal con g 45

10354 104

Certs Indebt 5s irredeem JAD !f 100 45 May 1 1934 gu NYC MAN 94 I 95 1920, 1925, 1930, 1935.J&D64.50% 4.10%

Certs Indebt 4s opt 1920_ J&JI 43 May 1'35 guN Y C__MAcN 93 95% NYAL Br geri 4s '41__MAS 98% 100

48 1925 opt 1910 J&J/ 91%, 933 3s Jan 1 1951 JAJ 82 81% General gold 5s 1941_ M&S 09 100

Atlantic Coast Line RR- Ref 3%9 1952 gu NYC__A&O 82 I 81 :CentralI Ohio-See Bait & Ohio

1st cons 4s July 1 1952 MAS 934 94% Bost A Lowell 4%s Feb '33_JAJ, 94 983,4 'Central Pacific-See So Pacific.

Col tr g 4s Oct 1 '52 opM&N 873 87% 45 July 1 1916 MO 90% ___dcent Venn 1st 4s May '20_ _Q-F 80 83

Cony deb 43'39 op '16 MANI 92% 93 4s Oct 1 1918 A&O 963.1 Sc Nor-See Caro All & West

Unified g 4s 1959 J&D, 89 90 4s April 1932 A&O 89 93 1Charl A W Car 1st 5s '46 A&O 101

Gen unit Ser A 4%s '64.J&D 91% 92 3 s July 1 1919 J&J 96 Aug Term 1st gu g 8s '47.A&O 105

Eq 4s Mar '16-Mar' 17 M&Sb 4% 4.40% 33-s Jan 1921 JAJ 933. Chateaugay Ry-See Del & II.

Eq 4%s Jne'16-Dec'21JAD5 4 % 4.40% Beston A Maine-4%s g '44J&J 70 Chattanooga Slit 45 '57 gu_J&J 81

AlaNild-lst gug5s'28MAN 1063j 107 43.s April 1 1929 A&O 79 Chesapeake A Ohio-

Atlantic Coast Line of SC-Gen 1st g 4s July '48_J&J 913

45 Sept 1 1926__ ___MAS 78

4s Feb 1 1937 _P&A 673 s g5s lot1 391992_ MAN

General 4s g _ M SRetnceor

10692

106%93

N E of S C 6s 1933_ -1.1a 110 4s Aug 1 1942 FAA 6t3. Cony g 41.4s 1930 op '15_ FAA88 88%

Brun & West 1st 4s '38_J&J 94% 95 35.0 Nov 1 1921 MAN 85% Gen fund impt 5s 1929..J&J 98 98

Cent of So Car 6s '21_ _Ma 107 3)41 Jan 192 J&J 81 5% notes June 1019____JAD 99% 99%

Char A Say gen 7s 1936 J&J 133 135 3s July 1930.-----------J&J 4155 Car tr g 4s Ser H Apr'16.A&O 54%%

Fla So 1st g gu 4s '45 _JAJ 86 83 PortsGtFACon 4Sis '37_J&D 90 Craig Valley 1st 5s g'40__J&J 96% Os

Nor A Car 5s 1939___A&O 104 Bos A NYAL-See NYNHAII Potts Creek 4s 1946_ _J&J 86%

Pet'b'g-ClassA5s g'26 J&J 104 Boston A Prov-4s 1918_ _J&J Os R A A Div 1st co. r 43.89.J&J85% 85%

Class B 6s g 1926_ _Ade0 110 Boston Rev B & L 43.is '27 _J&J 99 1 100 24 cons g 4s 1989__ JAJ 82% 83

RichArPeters4%31940_A&O 95 Bruns A W-See At Coast LineWarm Sp Val 1st St g '41MAS 93

SavFla&W 1st g 6s '34 A&O 122 Buffalo Creek 1st 5s 1941__J&J Coal Riv Ry 1st 4s gu'45.J&D 80

1st M g 55 1934_ _ A&O 1083( Buff N Y & Erie-See ErieElevator Cog 48 gu '38__A&O, 80

Silver Spgs Ocala A Gulf- Buffalo Rochester & PittsburghBig Sandy Ry Ist g 4s'44.JADI 82% 83%

45 g 1918 JAJ 993-i General 5s g 1937______MAS 109 -- _ Greenb Ely 1st g gd 4s'401‘,1.16N 83%

Wil & Wel gen g 5s '35_J&J 106 Con g 43.s 1957__ MAN 1023 103% Raleigh & S W 1st 4s '36 .JAJ n 8085

Gen mort g 4s 193.5 _J&J 93 Equip 4%s Ser E 1922.. M&N 5-1 35% 4.207West PocCornlst4 qs'45 FAA

A t lant lc & Yadkin-See Southern Ry. Equip g 4%s Ser F 1927_ A&O 54.35 % 4.20% Chesapeake A Ohio Northern- ,

Augusta South-See South Equip 49 Ser G 1929__AA0b4.35% 4.20%1st NI 5s 1915 guar__ __A&O 99 100

Aug Term-See Charl & W Car Al A West 41 g guar 1998A&O 92 Chesterf'd A Lane Ht 5s '55FA A 95

Austin & Northw'n-See So Pac Clear A M 1st 5s g gu '43_J&J 103

Ball Ches & Atlan-See Pa R11 Roch & P 1st, g 6s 1921__P&A 107% 103qConsol 1st g iSs 1922__J&D

S Basis. f This price includes accrued interest. k Ltlat tin Lou ion. n Nominal. iSale price.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

FEB. 1916.] RAILROAD BQNDS.NOTICE.—All bond prices are now "and Interest" except where marked "V' and income and defaulted boots.35

Bonds Bid.

Chic &Alton1st33s 1950 __J&J 43%RR refund g 38 1949 _ _A&O 57Deb 5s 1922 sub) to call_J&D Eq Assn 43s 1916-18__M&N b6.25%

Chicago Burlington & Quincy—Gen M 4s 1958 M&S 93%Deny Ext coil tr 45 1922_ F&A 994Illinois Div3%8'49op'29 J&J 86%

48 July 1 1949_ J&.1 95Iowa Div sf58 19 (9___..A&() 102%

Sinking fund 4s 1919__A&O 993/sNebraska Ext 4s 1927__M&N 983%SWDivsf 4s 1921 M&S 99%Burl & Mo(Neb) con6s'18J&J 1003%Repub Vail 1st 6s 1919_ _ J&J 101C B & Q joint 4s--See Gt Nor

Chicago & Eastern Illinois—Ref & Imp M 4s g '55 op_J&J f 25

S Mtg & Tr ctfs dep f 209/i1st consol 6s gold 1934 A&O 105Gen consol 1st 58 1937 M&N f 82U S Mtg & Tr ctf dep _Stamped May 1 1915 I Stamped Nov 1 1915___

Guaranty Tr Co ctf dep_ _ PurM 1st lien coal5s'42opF&A Eq 5s Mar -16-'22 op___M&S b5.80Ch & I C Ry—lst 5s '36..1,1aDanv&G Cr 1st M 6s '20M&NEv TH&Chic inc Os '20_ MAN

Chic Gt West—lst 4s 1959M&SChic Ham & West 1st 6s'27 J&J 110Chic it I C Ry—See Chic & E IllChicago Indiana dz Southern RyCon mtge g 4s 1956 guar_ J&JInd III & Ia 1st g 48 1950. J&J

Chicago Indianap dz Louisville—Ref M g 6s 1947 Ser A___J&J 1123Ref M g 5s 1947 Ser B___J&J 953%Ref M g 45 1047 Ser C _J&J 66Gen M 5s July 1919 opt_J&J 98Eq 43a Mar 15 '16-'21__M&S b4.65%Eq 43%s Apr 15 '16-'21 A&015 b4.65%Eq 43s Aug '16-Aug '23 F&A b4.65%Indianap & Lou 1st 48 '56J&J 553%Monon Coal gu 5s '36 op J&D

Ch I & StL ShL—See CCC&StLChicago Lake Shore & Eastern—

lit M 4%s 1969 op 1919_J&D 96%Chic Milw & Puget Sound-

1st M g 4s 1949 guar J&J-Q-J 91Chicago Milwaukee & St Paul—Gen g 4s A May 1 1989__J&J 93Gen & ref 4%s Jan 2014 A&O 93Cony 5s Jan 2014 Ser B F&A 1093%Gen g 33s B May 1 1989 J&J 803Gen g 4%s May '89Ser C J&J 1023%Deb gold 48 July 1 1934_ _J&J 923/sCony deb 4%8'32 op '22 J&D 1015/sGold bonds 4s 1925 op '22J&D 959.Chic & L Sup Div g 5s '21.1,1a 103%,Ch & Mo Riv 1st 5s 1926_J&J 105%1Ch & Pac WestDiv53'21_J&J 1033/81Dubuque Div 1st 6s 1920 J&J 1073/81Fargo & So g 68 ass'd '24_J&J 1115/81La C & D Div 1st 5s 1919 J&J 1023/81Mil & Nor 6sext at 4%'34 J&D 1005/81Con6s'13extat43/8to'34J&D

Wis & Minn Div g 58 '21_J&JWisc Vail Div 1st 6s '20__J&J

Ch& No M—See Pere MarqChicago & North Western—

Clen M 3%s g 1987 M&N 825/8Gen M gold 4s 1987 NI&N 95

Stpci non-pay Fed Inc Tax Gen M 5s1987stp inc tax M& N 116Sink fund deb 58 1933 __M&N 1043/8Sinking fund 6s 1929___A&O 112

58 1929 A&O 10530-year deb 55 1921_ _A&O 15 103Exten bonds 48 1926_ _F&A 15 963/Equip tr 43/88 1916-1922_A&O 64.25%Cedar R & M 1st 7s 1916M&N 101Boyer Val 1st g 33/8s '23_J&D 94%Des Plaines Val 45/85 '47_M&S 100Frem Elk & Mo V 68'33 Adz() 12014Ia Minn & NW Ist3%s'35J&J 883/8ManitowGB&NW33/88'41J&J 75Mashf ext. 1st M 5s '22 A&O 103Mil Lake Sh &W 6s 1921M&N 1085/8

Mich Div 1st g 68 1924 J&J 1123%Ashland Divlst gas'25M&S 1123%Ext & imp sf g 58 '29_ F&A 1069/8

MilSparta&NWlst4s '47M&S 92Mil&StateLine 1st35s'41J&J 83Minn & Ia 1st g 33/8s 24 J&D 935'NW Un 7s g June 1 '17_ M&S 103%Peoria & N W 3%5 1926 M&S 93Prin & Northw 33/88 1926 J&J 93St L Poo & N %V 58, 1948_J&J 1063%St Paul EastGrTr4 %s '47 J&J 97Sioux City & Pac33/88'36F&A 88Wino & St P 1st 7s 1916_J&D 1023/8

Chicago Peoria & St. Louis—Prior lien g 43/8s 1930_ _M&S 55

Chic Itock 1st & Pac Railway—General gold 4s 1988____J&J1st intge Os 1917 J&JRef g 4s 1934 op to 1911_ A&OColl tr g 48 Ser N 1916. M&Ndo do Ser 0 1917_ M&Ndo Ser P 1918_ _M&N

Deb g 5s Jan 15 '32 op J&J15Bankers Tr ctf dep stpd___

Unstamped

16

73

9090%

1001103,4107%

84%10263%928279

f 434239

Eq 5s Ser '16 '23___ __J&J b5.50%Eq 43-/8s 1917 F&A b5.50%Eq 43s Apr'16 Oct '19_A&O b5.50%Eq 45/8s May '16'-25M&N,b5.50%Eq 45/8s July'16-July '27.J&J 65.50%C It I & P Railroad 4s'02M&N ICentral Trust Co.etfs.ofdep IBurl Cedar Rapids & North—Con lst&col IT 58 g'34 A&O

Cedar Rap In Falls Az NW—ha gold guar 1921_ _A&OM&StI. 1st gu g 78 '27 J&D

Choctaw Oklahoma & Gulf—Gen M g 5s Oct 1 1919 J&JConsol gold 555 1952_ _ M&NT

Ask. Ii433/8 Chic R I & Pac Ry (Concd)-58% Choc & Memph 55 1949 J&J85 1 Peoria RyTer 4s'37 gu op J&J5%' R I Ar & La 4%s 1934M&SI Rock Is] & Peoria 6s '25 J&J935/8 St P & K C Sh L 4 %s'41F&A Keo & Des M—lst 55 '23A&087 Chic St L & N 0—See III Cent96 r3hic St L & Pitts—See Penn Co Chic St Paul Minn & Omaha-993% Con 6s June 1 1930 J&D985/8 Con Os red to 33/8s 1930J&D Deb gold 5s Mar 1 1930 M&S Ch St P & Mist g 68 1918M&N 1 North Wisconsin-6s '30_J&J

St P & SC lat g 6s 1919 ..A&OSuper Sh L 5s June 1930 M&S

26 , Chicago Terminal Transfer-25 1 Chic & Gt W 5s g 1936_ _J&D1054, Chic Terre Haute & Southeast-85 1 1st & ref g 55 Dec 1 '60op.TdrD797/8 Sou Indiana 1st g 4s '51_ F&A797/8 Chicago & Western Indiana-823% Gen gold 65 Dec 1 1932 Q-M803% Cousol g guar 4s 1952 J&J I 5% notes Sept 191 7 111&S5.30% Chic & West Mich—See Pere M I Chic Wis & Minn—See WLs Can95 Choc Ok & Gulf—See CRI&P95 Cin Day & Iron gu 5s '41 Mals1733/8 Cin Find & Ft W—See Cin IUD113 Cincin Hamilton & Dayton—

General 5s gold 1942_ ___J&D2d mtge gold 43/85 1937. J&J

Gen M 43/8s July 1 1939 Fixed 4% int J&J & Nov

1st & ref gold 4s 1959..__ J&J113 Guaranteed 1013/8 Cincin Findlay & Ft Wayne-95 1st gold guar 4s 1923_M&N102 Dayton & Mich 1st 5s 19114.50% Ext at 43/8% to'31op'17J&J4.50 C I St L & C—See CCC & St-4.50% Mein Indianapolis & West- 1st Az ref g 4s 1953 guar __J&J70 Ind Dec&W—Ist g 5s'35_J&J

1st guar gold 58 1935_ _HaGin Leb & Nor—See Pennsylvan ia RR

97 Cincin & Muskingum Valley-1st guar gold 45 1948_ _ F&A 923/8

913% Cincin N 0 .t Texas Pacific—Eq 43/8s May 1916 M&N b 43,%

933% Eq43%s May 15'16-21 M&N15 b 434%949/g ,Cincln North 1st g 4s1951_J&J 80109% ICin Rich & F W-7s g '21_J&D 108803% 'Cin San & Clev—See CCCdr StL

1023/8 Clearfield & Jeff—See Pa & N W93 Clearf dr Mahon—See B R & P102 Cleveland Akron & Columbus-96 General gold 5s 1927_ _ _ _ M&S 1st cons guar g 4s 1940 _F&A

Unguaranteed 1033% Cleve Cincin Chic & St Louis— General 4s gold 1993_ _J&D Gen M 5s Ser B 1993_J&J Deb gold 41.4s 1931 J&J Eq tr 5s 1916-1929 J&J Cairo Div 1st g 48 1939_ _J&J C W& M Div 1st 48 g'91_J&J109 StLDiv 1st col tr g4s'90_M&N

Spr&ColDiv 4s 1st g'40_M&SWhite WV Div 1st 4s'40_J&J

83 Cent Ind Ry gu 4s 1953 M&N953% Chic Ind & St L Sh Line Ry-953% 1st gold guar 4s 1953_A&01165/8 CI S L&Clst4s g Aug'36.Q-F1047/8 Con s f 6s '20 dr0105.M&N CluSand:Clev con g 5s'28_J&J 1 Clev Colum Ciu & Indianap1043/8 Gen con gold Os 1934_ _J&J Id Blm & W ext 4s 1940_A&O4.12% Ind & St L 1st 7s 1919 A_J&J I 1st 7sJuly 1919 Ser B_M&S953/8 lat 7s July 1919 SerC_M&N102 0 Ind & W g 5s Apr 1938_14

Bonds Bid. Ask.

84%1023% ,Colo Spr & Cripple Crk D Ity-643% 1st gold s f 5s 1930 J&J

1st cons 5s Oct 1942_ _ _ _A&O Col Connect&Ter—See Norf& W Col Hock Val&T See Hock Val433% Concord & Mont cons 4s '20J&D4331 Deb 4s June 1 1920 J&D Deb 334s June 1 1920_ __J&D5% Conn & Pass—lst g 4s '43A&05% Newp&Richt lst5s'41 gu_J&J

o ConnRiver—Gold 48 1943 M&S5 33%s Jan 1 1923 J&J5/0 Connecting Ry (PhIla)— 1st M gii 4s Mar15'51.M&S 15 Connellsv & Monongahela Ry-

1st a f g 4s 1930 opt_ _ _ _M&S993/8 1013% Cuba Eastern 1st Os 1933_M&SCuba RR—Ist g 58 1952.._ J&J99 Cum & Penn 1st g 5s '21_ M&N

Current Riv—See K C Ft S & MDallas & Waco—See Mo K de T

987/8 Daws Ry & CI—See El Paso dr92 95 Dayton h. Mleh SPA ClIn U t7 fl

Peo & East cons Is '40__A. 0895/i 2d cons Inc 4s 1990_ Apr 1/Empire Trust ctfs deo__ Cleveland Lorain & Wheeling—,

•109 Cons now 1st g 5s 1933_ _A&O1133% Stamped subject to call..Con refg g 4 1930 red _.1-&J108 Clay & Mahon Val—See ErieRR

93 Clay & Marietta—See Penn RR Cleveland & Pitts—See Penn Co Cleve Short Line—See L S & MS Cleveland Terminal & Valley-94 1st 4s gold guar 1995_M&N94 ,Coal & Coke Ry 5s 1919__A&O110 'Coal & Iron Ry—See WesternM 'Colo Midland 1st 45g '47_JSEJ893% Cent Tr Co ctfs of dep 103 Colo & Sou 1st g 4s

1929_- _F&A

Ref Mg 43/8s May 1 '35_M&N70 Eq 5s Ser A Apr '16-'17.A&OFt Worth & D C Os '21 _J&D

Colo Sou N 0 & Pac—See St L&

Bonds Bid.

Delaware & Bound Brook-93 97 1st cons gold 33-/8s 1955_F&A 8450 Delaware & Hudson-50 60 Cony deb 4s June 15 '16_J&D 1003% Cony 5s 1935 sub rcts__A&O 1063%71 I 1st lien equip g 43/8s '22__J&J 1013%58 I 1st & ref gold 48 1943___M&N 97Penn Div 7s Sept 1917__M&S 1043%Adirond 1st 43/8s '42 gu_ M&S

Albany & Susq 3%s gold 19461183-/8 1193% (cony before 1916) gu_ A&O 863%873% Bluff Point Land Impt Co-1023/8 103 1st M g guar 4s 1940_ J&J118 Chateaugay Ore & Iron-1177/8 Guar gold 4s 1942__J&J1053% 1055% mui Coal deb 4s'16-'18 M&N105 110 Rens & Sar reg 1st 7s '21M&NUtica Clio & Bing 5s '39_J&J90 Delaware Lack & Western—Morris & Essex 33/882000 J&D 87 75 N Y Lack & Western-63 70 1st Os g'd Jan 1 1921J&J 1082d 5s g'd cons 1923 _F&A 1033.11063% 107 Term & Imp 4s gd '23 M&N 963%80 81 Osw & Syrac gu 5s '23_ M&N 1001007/8 1007/8 Warren 1st refg33%s 2000F&A 84

Denver & Rio Grande--1st con g 4s 1936 J&J1st con g 43%s 1936 J&J273/8 Improv't gold 58 1928_ __J&D1st & ref g 5s 1955 op___F&AAdj Inc 7s cum 1932 op __A&O70 Rio GrJunc 1st gu .5s '39 J&D85 Rio Gr So 1st g 4s '40.. J&Jf 69 73 1st g 4s guar 1940 ____J&J Rio Gr West 1st 4s '39J&J73 85 1st cons g 4s 1949 op_ _ A&O 87 Ut Ct 4s gu g Jan 1 '17_ A&OUtah Fuel 1st 55 1931_ M&S 80 Des Moines & Ft Dodge—See MDes Moines Union 5s 1917 NUN90 100 Des Plaines Val Ry—See Chic &Detroit Grand Haven & Milw-1st Equip 6s Nov 14 '18_A&O10 Con gu 6s Nov 15 1918__A&O10 Del Gr Rap & West—See PereM Detroit & Mackinac—Prior lien gold 4s 1995__J&DMortgage gold 4s 1095.. _J&D933% Detroit Mackinac & MarquetteLand grant Inc 7s 1911_ _A&O431% Detroit Riv Tun—See Mich Can431% Detroit & Toledo Shore Line-90 1st gold guar 4s 1953_ _J&T 80 Dui & Ir Range—lst 55'37 ASA) 103

Duluth Missabe & Northern-1st gold Os 1922 J&J1st cons g Os Jan 1 1923 J&JGen g sf 5s Jan 1 1941_ J&J102 Duluth Rainy Lake & Winnipeg91 1st 5s 1916 ext 1921__J&J91 Dul Short Line—See St P & Dub

Duluth South Shore & Atlantic783% 80 181 gold 5s 1937 J&J 921003% 102 Dutchess Co—See CentNewEng853% 863% East Tenn Va dr Ga—See So Ryb4.50% 4.30 Eastern Minn—See St P M & M843% 85 Easton & Amboy—See Leh Val763% 78 Elgin Jol & East 5s 1941.. .M&78 82 Elkin & Alleg-6s 1941 J&J843% Elmira & Williamsport-76 85 1st 6s '10 ext at 4% 1950_J&J 9690 Income 5s 2862

Nta o 0s dr S3ouPaso El Po & Rock Isld—See E80 El Paso dr Southwestern Co-923% New Mexico Ry & Coal Co-1043% 1st col tr g 5s Oct 1 '47A&0 95100 lst&con&coll trg 5s'51A&O 95Dawson R & Coal 5s '51J&J 98110 ElPas&RI 1st g gu5s'51J&J 958•0 Erie—NY&Elst4sextg'47 M&N 95103 5s 2d ext gold 1919 mArs 1013%103 43/8s 3d ext gold 1923 M&S 993%103 5s 4th ext gold 1920 A&O 1023480 4s 5th ext gold 1928____J&D 9431673/8 70 7s 1st cons g 1920 _ M&S 1103%343/8 36 7s 1st cons g fund 1920_ M&S 1103%33 Prior lien gold 48 1996_ __J&J 853%

Gen lien gold 4s 1996____J&J 761017/8 Cony gold 4s 1953 Ser AA &0 713%Series B 1953 A&O 793/892 Eq 48 May '16-Nov '16 M&N b4.50%

Eq g 43/85 Aug'16-Aug'21F&A 64.50%Eq g 58 July 1916-1923_ _J&J b4.50%Eq 4 %sSer B B Aug16-24F&A b4.50%Coll 5% notes Apr '16_A&O 1003/853%% notas Apr 1917___Adr0 1013%

833% 86 Penn coll g 4s Feb 1 '51_ _ F&A 8978 Buff NY & E 1st 7s 1916_J&D 101aryland Buffalo & Southwestern-971 10 1st g 6s'08ext at 5%'18 J&J8 10 2d g 5s '08 ext to 1918_J&J

915% 91% Jeff 1211,59 gu'09 ext to'19A&O86 8631 Chic de All Term 5s 1918_J&Jb 4.60 4.40% Ch & Erie 5s 1st g 1982_ M&N

1057/8 Cleve & Mah Val g 5s '38 J&JS F Erie & Jersey s f 68 1955_J&J

Genesee River 6s 1957 J&JLong Dock 6s con g 1935 A&O87 92 Newb & N Y 1st 5s 1929_J&JNJ & N Y 1st Os 1910—Ext at 5% to 1950_ __ M&N 95

973% NY&Gr Lake gu g 5s'46 Ni&N 99923% NYLE&WC&RR-90 1st 6s curr guar 1922.. M&N 993% 95 N Y L E &W D & I let 69 '1393 Extended at 5% to '43 J&J 1023%833% N Y Pa & 0 p I 4%s '35 M&S 963%90 N Y Susq & Western-

1st refunding 5s 1937.. J&J 983%98% 983% 2d mtge 45/8s 1937 _ _F&A Gen mtge 58 g 1940_ __ F&A 80

95 973/8 Term 1st g 5s 1943_ __M&N 1003%Midland of N J 1st 6s_1910

94 ext at 5% to 1940..A&0 104Wilkes & E lst g 58'42 J&D 863%

Erie & Jersey—See Erie RRErie & Pittsb—See Penn RR—

Southw estern European & N A—See Maine CentralEvans Hand & Nash—See Louis & Nash

97

8()

111%100

77%83%81%57%608534357462%8382

inn & S99%

N W

9085

102102101%

95%

103%

100%959090107103%10910812295

Ask.

100%107101%97%

87

95

87%

110

77%84%81%586289

457765

t Louis

100100

9590

32

103%

105%

96%

95

103%

97105

thwest

111%111%86'/876%779%

4.40%4.40%4.40 94.40%100%10290103%

10834109%108%

103

1099087

I Beals. f This price includes accrued interest. k Last auto / In London a Nominal. a male price.

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

36 GENERAL QUOTATIONS [VOL. 102.

NOTICE.—All bond prices are now "and Interest" except where marked "f" and Income a

nd defaulted bonds.

Bonds.

Evansville & Indianapolis—Consol g guar 6s 1926___J&J 25

Ev & In 1st g gu 6s 1924_J&J 25

Evansville & Terre Haute-1st cons gold es 1921. J&J f 903

1st gen 5s gold 1942_ _ __A&O f 00

Refund M 5s July 1941__J&J 10Mt Vernon 1st 6s g 1923_ A&O•

Sul Co Br 1st g 5s 1930_ _A&O

E T H & Chic—See Chic & E IllFargo & So—See Chic M & St P

Fitchburg-5s Jan 1 1934 Ada 96

43s ref 1928 M&N 91

43,s Jan 1933 J&J 89

4s July 1 1916 J&J 99

4s refunding 1925______M&N 89%

4s refunding Mar 1927M&S 87%

4s refunding 1927 A&O 87%

4s Jan 1928 J&J 87

3%s Oct 1 1920 A&O 91%

3%s Oct 1 1921 A&O 913

Troy & Boston-7s 1924_J&J 110

Flint & PereMarq—SeePereMar

Fla Cen & Pen—See Seab Air L

Florida East Coast 4%8 '59 J&D

Florida South—See Atl Coast L

Florida West Shore 5s 1934. J&J 92

Fonda Johnstown & Gloversv-

1st cons ref'g g 43s 1947_J&J 7S

Gen ref'g gold 48 1950___J&J 75

1st con ref 4%s '52 opt_ M&N 77

Fort Dodge Des Moines & Sou-

1st 5s 1938 _ J&D 93

FtSmith&West 1st g 48'54_ A&O I

Ft Worth & Den C—See Col & S

Ft Worth & Rio Gr 4s 1028. J&J 65

Fre Elk & Mo Riv—See C &NWGalv Har dr San An—See So PacGenesee River—See Erie RRGen dr Wyo 1st g 5s 1920. A&O 73

Geor & Alabama—See Seab A LGeorgia Car & N—See Seab A LGeorgia Coast & Piedmont-

1st gold 5s 1962 A&OGa & Fla 1st g 55 1956_ M&N_ 25

Geor Midland—See South'n RyGeorgia Pacific—See South'nRyGeo RR & Bank'g 68 1922_ _J&J 103

be Jan 1 1922 J&J 102

4s Jan 1 1947 J&J 85

Ga Sou & Fla 1st g 58 1945 J&J 1024

Gettysburg & Har 5s gu '26A& 0 160%

Gila Val Globe & Nor—See Sou Pacific

Gr Rap Bel & Sag—SeePereMar

Gr Rap & Ind Ext 43-is '41_J&J 98%,

Muskegon Div g 5s 1926_J&J 50

Grand Trunk West 4s .£ '50_J&J lf

let g gu 48 July 1 1950_J&J ii

Great Northern—C B & Q coil tr g 48 1921_J&J

98%

lst & ref g 4%s 1961 op'41J&J 99%

Great Northern Ry of Canada—

Con 45 1934 opt to 1914_A&O

Green Bay .5..; West deb ctfs A__ 75

Deb ctfs B 123

Greenbrier Ry—See Chesapeake dr Ohio

Gulf & Ship Island RR-1st ref & term g 5sFeb'52.J&J

853'

Gulf Terminal of Mobile-1st mtge g 48 1957 guJ&J 80

Hartford & Conn Western-1st ext g 43-s July 1 1923.J&J 98

Henderson Br—See Lou & NashHocking Valley Ry-

1st cons gold 43s 1999__J&J 933

5% notes Nov 1917_ ___M& N 101 %

Eq 5s 1916-1923 F(ST.A 64.50

Eq eis Feb 15 '16-'18 F&A15 b4.50%Col & II V Ext 4s 1948AsE0 843/2

Col & Tol 1st g 45 1955_F&A 833

Holidaysb Bed & Cumb—See P a RR

Hoosac Tunnel & Wilmington-1st sk fd g 58 Sept 1922_1114ES 90

Housatonic—See NYN H &HHouston Belt & Term 5s '37 J&J 91

Houston E & W Tex—See Sou P seine

Houston & Tex Cen—See Sou P acific

Hudson & Manhattan-1st M 4%s 1957 conv F&A 733/s

1st g 58 1957 opt F&A 73

Adj in cup to 5%Feb 57 A&O I 303

N Y & Jer 1st g 5s '32optF&A 101

Huntingdon & Broad Top—lst g 4s Sept 30 1920A&O n80

2d mtge 4s gold 1925F&A n60

Cons 5s g 'Mar 31 1925 A&O n60

Huntington & Big Sandy—See Bait &

Hutchinson & S—See AT&SFIdaho & W Nor-5s 1932__ M&N

Illinois Central—lst g 4s'51.J&J 1st gold 33-is 1951 J&J 83

Main L ext lst g 3%5'51_ A&O 84%

1st mtge f g 38 1951_ _M&S If

Coll trust gold els 1952._ A&O 881ACol Tr L NO & T g 4s'53M&N 863/iPur lines 1st g 33-is 1952_J&J

Ref g 4s 1955 opt 1918_M&N 899/sJtlstrefM(IC&CSL&N 0

513 1963 Ser A J&D 1023'Equip tr 4%s Aug '16-'23 F&A 64.30%

Equip 5s Aug '16-'23 _ F&A 64.30%

Cairo Bridge 4s g 1950 J&D 913/2

Litch Div 1st g 35 1951_ J&J 72

Louisv Div 33s g 1953__J&J 81%

Middle Div reg 5s 1921_ _F&A 100

Omaha Div 1st 38 g 1951 F&A 69%

St Louis Div 33s g 1951_J&J 81

St Louis Div 3s g 1951_ _ _J&J 69Sp'gfield Div Ext 33-8'51 J&J 75

Western lines g 4s 1951_ _F&A 88Chicago St Louis & N 0—Con g 50 June 15 '51.J&D15 1083Con g 3%8J'ne15'51.J&D15 8134Eq 5sJn 1920-Dec 1924 J&D b4.35%

Mem Div let 4s g 1951 J&D 883/iKankakee & S W 5s '21_F&A 90

St Louis Alton & Ter Haute—Mlev&Car 1st 6s '23_J&D 1043-

St L South 1st g 4s '31M&S 83Carb&Shaw let g 4[3.32M&S 86

Ind PI & n—SPe C C st f,

Ask. Bonds. Bid. Ask. Bonds.

Ind Dec & West—See Cin I & W

50 Indiana Ill & la—See Chic Ind & Sou

50 Ind & Loulsv—See Ch Ind & LInd St L—See C C C & St L—Indianapolis lin 4348 '26_ _ M&N 95

Gen & ref g 5s 1965 Ser A_J&J 10234

Interboro-Met I.See Street & El

95 Inter Rap Tranj Ry Securities

92 International & Gt Northern-1st g 68 1919 M&N

5% notes Aug. 1 1914___F&A 00

99 Col Rlv Bridge 7s '20 _M&N

9534 Internat Rye (Central America)

9434 let M 5s 1972 opt M&N n 62

Iowa Central—See Minn & St L

93 Iowa Falls&SC—lst 7s '17.A&O 10234

9134 Ia Minn & N \V—See C & N W

9134 Jacksonv Ter 1st 5s gu '39_J&J

91 Jamestown Frank & Clearfield-9434 1st g 4s 1959 guar J&D 91

9334 Jefferson—See Erie Joplin Union Station-

1st g 434s 1940 guar op_ M&N 91

Kal Al & G R—See LS& MS

9334 Kanaw & Mich—See Tol & 0 CKankakee & S W—See Ill Cent

Kan City Belt 1st 6s 1916_ _J&J 10034Kansas City Clinton & Sp-

83 1st 5s gold 1925 guar_A&O 1 61

Kansas & Colorado Pacific—See Mo Pac

Kan City Ft Scott (.1z Memphis—Refdg g 4s 1936 guar_ A&O 7634

95 Cons 6s 1928 M&N 110

Current Riv let 5s 1927_A&O 92

K C Mem & Bir 4s 1934_ M&S 83

66 Income .5s Mar 1934 Sept 1Assented M&S

Ctfs of deposit Kan City & Mem Ry & B-

83 let 5s gold 1929 A&O 90

Kans & Mo—lst 5s '22F&A

Kan City & Mem 5s 1961_ M&N

Kansas City Mexico & Orient-85 1st gold 48 1951 F&A I 35 6% notes Apr 30 1916__A&O 90

Kan City & N W let g 58 '33 J&J Kan City & Pac—See M K & TKan City St Jos & Council Bl—

Nodaway Val 1st 78 1920 J&D Tarkio Val 1st 7s 1920 J&D 103 Kan City Southern-10234 1st gold 3s 1950 A&O 7034

Ref & imp't 5s Apr 1 '50_J&J 9334Kansas City Terminal Ry-

1st g 4s 1960 op 1930_ _J&J 8834 K C Viaduct & Term Ry 1st s f

81 08 434s Sept '34 op '30 rcts_J&J .1 20

al 7134 Kan City \Vat & Gulf—See St L ouis W

Kentucky Central—See L & N

9834 Keokuk & Des M—See C R I & P

9934 Knoxv & Ohio—See South'n RyLake Erie & Western-

75 1st gold 5s Jan 1 1937___J&J 93

80 2d g 5s July 1 1941 J&J 8334

13 No Ohio let gu 55 g '45 A&O

Lake Sh & Mich So—See N Y C & II It

Leavenw'th Term Ry & Bridge

8834 let M gold 58 1923 J&J 65

Lehigh dr Hudson River RR-84 2d M 58 July 1 1917 J&J

Gen g 5s July 1 1920 guar J&J 102

Unguaranteed 101

Lehigh & Lake Erie—See Lehigh Valley

Lehigh & New England-95 1st M g 5s 1945 J&J 10534

10134 Lehigh Valley-4.25% 1st 68 ext g 48 1948 J&D 99

4.23% Con M 68 anti reg irred_J&D 133

Con M 6s R gold 1923_ _J&D 110

Con M 4%8 C 1923 J&D 101

Con M 434s ann lirred_J&D 100

Gen cons gold 4s 2003.. M&N 923/2

Gen con g 4%s 2003_ _ _ _ M&N 10234

Col tr g 4s Aug'16-Feb'26F& A 64.50%

93 Easton & Amb 5s 1920 .M&N 102

Lehigh & Lake Erie-1st 434s 1957 gu M&S 95

Lehigh & N Y 1st 45 '45_M&S 8934

74 Lehigh Valley Coal-74 let 5s gold guar 1933__J&J 105343034 1st 40-year gu int red to

4% 1933 J&J 91

Lehigh Valley Ry of N Y-85 1st 4348 gold 1940_J&J 10134

70 Leh Val Term 58 1941A&O 11034

65 Middlesex Val 1st 5s '42111& N 105

Ohio Pa&NYCanal con 58 '39 A&O 107

Con M 434s 1939_A&O 10034

Cons M 4s 1939 A&O 90

9734 Lehigh & Wilkes—See Cent N J

8634 Leroy & Caney Val—See Mo Pa Lox & East—See Loulsv & Nas h

Litchfield & Mad let 5s '3411I&N

s934 Little Miami-8734 Gen g guar 45 1962_ _ _ _M&N 90

83 Little ilk & Hot Sp West lty-

893-4 1st g 4s 1939 guar J&JLittle Rock Junct—See St L I Mt &

10234 Long Island-4.15% Unified gold 4s 1949._ _ _ M&S 8534

4.15% Refund g gu 4s 1949_ __M&S 8734

2d mort 78 1918 F&A 101

1st cons g 5s July 1 1931_Q-J 105

1st cons g 4s July 1 1931 Q-J 9434

Gen mort g 4s 1938 J&D 90

Ferry 1st 4345 con g 1922M&S 9534

4s gold 1932 J&D 82

70 Debenture gold 58 1934_J&D 9634

76 Montauk Ext 523 1945___J&J 10334

Brook & Mon 2d 58 1938 J&D 100

L I C'y dr F con 58 1937 M&N 97

N Y Bay Ex R let 58 g'43J&J 95

N Y B'klyn & Man Beach 1stgold 5s 1935A&O 10134

NY&RI3 lstg 5s 1927 M&S

North Shore Branch-1st con 5s g Oct 1 1932 Q-J 10034

Louisiana & Arkansas Ity-9334 1st s f g 5s 1027 M&S 8634

Louisiana Western—See South ern PacLeoigv T.f.x—Spc. T

75South

Bid. Ask.

Louisville Henderson & St L—lst snort gold .5s 1946____J&J 102 105

Louisville & Jeffersouv Bridge—Guaranteed gold 451945. M&S 81

Louisville & Nashville-10334 Gen mort gold 68 1930J&D 112 11234

50-year gold 5s 19:37_M&N 10834 10934

Unified gold 48 1940__ J&J 9534 90

Coll tr gold 5s 1931_ M&N 10534 10734

97 Equip 5s J'ne1910-1923_J&D b4.25% 4.12%

70 At K & Cin div 4s 1955_ M&N 8934 8934

Atl Knox & Nor let 58'46J&D 10334 10934

Consol gold 45 2002._ M&S Lou C & Lox 434s g '31_11I&N 10134

N 20d&goNlidob6sIst19g360s 1930_J&J 116

Pad&Memdivlst 4$ '46_Fj&J'Aj 1,100% 11134

Pensacola Div 1st 6s '20_ M&S 106

92% St 2Lod 3Louis 19s Di8volst g (38 '21_M&S 10734 M&S 6034 62

St L prop 1st g 5s 1916 M&5 100S E & St L div (is 1921_ M&S 100

E H & N let Os 1919_J&D 10734 Henderson Br 6s g 1931_111&S 10534 Kent .Central-4s g 1987_J&J 8834 89Lex & East 1st 5s 1905_ _A&O 10234 103

L&N Mob&Nlont4348'45M&S 100Louisv & Nashv South'n Joint

gold 48 1952 jJIjL&N Term 1st g 48'52 gu J&D 88.9)

Nas F & S 1st gu g 5s '37_F&A 106%77 Newport &Cincin Bridge-110% lst M g 4%s 1943 guar_J&J 9734 Pensa & Atl 1st 6s gu '21 F&A 11087 110098% S & N Ala Con Mg 55'36 FAA

0

Gen con gu g 5s 1963 A&O 1023% 103

75 Macon Dub & Say 5s 1947 J&J 95 97

75 Macon Terminal 5s 1065. J&J 99 100

Mahoning Coal—See LS& MS

Maine Central-Coll tr 5s '23J&D 10234 103341st & ref 434s 1935 J&D 10034 10034

90 5% notes 1919 M&N 10194 102

Eur & N A 4s gold 1933_ _J&J 9234

Hereford Ry—G 4s '30_ M&N 91

93 Knox & Line let M Pen Shline 48 1920 F&A 90

Upper Coos 1st gu els '30 M&N 89 95

UpperCoosEx434s g '30 M&N 94

Washington Co lty 1st g gu3348 Jan 1954 op 1924 J&J 77 80

Manila RR—See Foreign Gov't p. 50

7194 Manitoba & S E—See Canadian Northe ru

9334 Marquette Houghton & Ont—Mortgage Gs 1925

89 Md Det tic Va 5s 1955gu.... F&A 100

85Maryl & Pa 1st g4s 1951__M&S 77 81

30 Income 48 1951 A&O 33 40at & G Mason City & Ft Dodge-

1st M gold 4s 195500 62McK'sp't & B V—SeePMcKjAIDYMemphis Union Station Co—

lst g gu 58 Nov 1 '59__M&N 103 101

100 Merchants' Br—See Term RR91 Meridian Term 4s '55 guar M&N 70 78

Mexican International—Prior lien g 434s 1947. __M&S let con gold 4s 1977_M&S 55 7:I --

Stamped guar op to Mar '07

Mexican North let 6s 1930_J&D

107 Mich Cent—See N YC& H

Middlesex Valley—See Leh Val

Midland of N J—See ErieMidland Term 5s 1925_ __ _J&D 95 97

IMidland Valley-5s 1943__A&O 84 87

'Millen & Southw-5s 1955_ A&O MilSh&West—See Chic & N W

101 Milw & No—See Chic Mil &StP135 Milw & Sparta &N W—See Chic & N W

111 Min&Pac—See M St P&SSM102 Minn cir St L—lst 70 1927 J&D 110 114

108 Pacific Ext 1st Gs 1921A&O 103923% let consol gold 5s 1934__M&N 89

8102% 1st ref'g gold 4s 1949___M&S 5934 60"6

4.20% Ref&ext 5sFeb'62 Ser A_Q-F 5934 60

103 Col notes 6s 191698 P& A 96Des Mbi& ,tD let 4s, '35_ J&J 35 50

Iowa Cent 1st g 55 1938_J&D 8934 9234

91 1st & ref g 4s 1951_ _ _ M&S 5034 5634

Minn St P & Sault Ste Marie-

103 1st cons gold 45 1938_ ___J&J 9334 94

2d M gold els guar 1949.....i&J

96 Eq" notes 4 As.J'ne'16-'22,1&D b 434%

M S Ste M & Atl let 48'20 J&J 9734

Minn & Pac 1st 4s 1936_ _J&J MStP&SSM&CentTermRy—lstChiTersf4s'41op'16M&N 91 95

109 Minneapolis Term—See Wis Ce nt

Minneapolis Union—See St P M & M

97 Mississippi Cent g 5s 1949_J&J 90 92

Miss River & Bonne Terre-1st s f g 58 1931 on A&O 99 101

Missouri Kansas & Texas-

20 gold 4s June 1 1090 jADA f 47683i 474190 1st gold 4s 1990

let Extension 5s 1944__M&N 62

lst & ref 4s gold 2004___M&S 5234 54

Gen Msfg 4345 1936_ J&J 40 41

Consol M g 5s 1940____A&0

6% notes 1916 M&N 60 70

8634 Eq g 5s June 1910-1923 _J&D b5.50% 5%

8834 St Louis div g 45 2001__A&O 51

Boonville RR Bridge—lst g gu s f 4s 1951___M&N 60 75

Dal&Waco 1st gu 58'40_M&N 09

Kan C & Pac 1st 4s g1990F& A

11Io Kan & E 55 1942 gu_ A&O 8934

66%97

Missouri Kansas & Okla—let g gu 58 May 1 '42_ M&N

105 MK&TofT let 5s gu '42 111&S 65 66

Sherman Shreveport &M gu gold 58 1943_J&D 52 65

S W Coal & Imp let 68'29 J&J 00

I Texas & Okla-5s 1943_M&S 69

Mo Okla & Gulf RR 58 '61 M&N 85

10234 Mo Pac—Cons 6s 1920_ __M&N 10094 101

3d 7s ext toJiy'38 at 4% M&N 8134 85

102 Tr g 5s stud Jan 1 1917__M&Sf 8934 9194

95Column Tr ctfs dep 85Columb Tr ctf dep stpd_ 82341

Guar Tr ctf dep plain 87341 Onar Tr etfs dep stnd I 88

8586%106%

4.15%98

6 Pads. f This price includes accrued inkces4. k Last Bale. 1In London. is Nominal. s Sale price.

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

FEB. 1916.] RAILROAD BONDS. 37NOTICE.—All bond prices are now "and interest" except where marked ' f" and Income and defaulted bonds.

Bonds. Bid. Ask. Bonds. Bid. Ask. Bonds. I Bid. Ask.Missouri Pacific—(Concluded)Col trust 5s 1920 F&AColumb Tr ctfs dep Guar Tr ctf dep stamped _ _

Eq 5s May '16-Nov '21.M&NGold 4s Marl 1945 opt_ _M&S

Bankers Tr ctf dep plain Bankers Tr ctfs dep stpd_

lst&ref 5s'59 convSerA_M&SGuar Tr ctfs dep plain Guar Tr ctfs dep stamped_6% notes 1916 J&D

Boonv StL&Sou 58'51 op F&ACent Br Ry 4s g 1919 F&ACent Br UnPaclst g4s'48J&DKansas & Colorado Pacific-

1st & ref gu g 6s '38_ _ F&ALer&Can V A L 1st 5s'26 J&JLexington Div 5s 1920 F&APac of Mo 1st ex g 4s '38_F&A

2d ext 5s gold 1938____J&JSt L R E 1st 5s 1938_ _M&N Car'deletBr1st43.js'38 A&O

St Louis Iron Mtn & Sou—Unify & Ref'g g 4s '29_J&JGen con ry & I g 5s '31 A&OGen Con stpd gu g5s'31A&0Eq 5s May'16-Nov'21M&NRiv & Gulf Div 4s '33 M&NLit RkJn 1st 6s git '16A&0 Pine Bluff & W 5s '23_A&OVerd Val I&W lst5s'26M&S

Mobile & Binn—See Southern ItMobile & 0-1st g 68 1927_J&D

1st eaten Cs July 1927_ _Q-JGen g 4 1938 E

-M&SEq 5s 1919 VarEq 5s May '16-Nov '23_M&NEq 43s Mar '16-Sep '22M&SMontgom Div g 5s 1947_ F&A St Louis Div 5s 1927-J&DSt L & C 43 guar

1931__ _

Mobile Ter & Ity Cs '35 op M&S Moh'k&Malone—See N Y C&HMonong River—See Bait & OhioMont Cent—See St P M & MMorgan's La & Tex—See So PacMorris & Essex—See D L & WMutual Terminal Co of Buffalo

1st s f g 4s 1924 op J&JNashville Chattanooga & S L-

1st consol gold 5s 1928__A&0Centreville Br g 6s 1923 J&JJasper Br 1st 6s 1923_ __ _J&JLebanon Br 6s Jan 1 '17_J&JMcM M W & Al 1st 68'17 J&JTracy City Br 68

1917_- _J&J

Nash Flor & Sheff—See 1.4& NNational Rys of Mexico—Pr lien g 4%s s f 1957 J&J Gen M 4s 1077 A&O

April 1914 coupon on 6% g notes June 1915_ __J&D

Nat rtR of Mex pig 4 %8'26J&J1st cons g 49 1951 A&O

Nebraska—See C B & QNey-Cal-Ore Ry-5s 1919 M&N Newcas & Shen Val 6s '17_ _J&J New Eng 1111—See NYNII&HN H & Derby—See NYNII&NNew Hay & No—See NYNH&HN J Junction—See N Y CentralNew Jerk New York—See ErieNew Lou Nor 1st 48 '40____J&JNew Mex Ity&C'l—See El PasoNew Orleans Great Northern-

1st M g 5s Aug 1 1955__F&AN 0 Mob & Chic 59 1060.. ..J&JNew Orleans & North E 6s 1915Extended at 5% 1940_ _M&N

New Orleans Term 1st 4s'53_J&JNewport & Cin Bdge—See LouisNewp & Rich—See Conn & PassNYB&M Bch—See Long IslN Y Bay Ext 1111—See Long IslNew York Central R. R.—Cony. deb. 6s 1935 __-_M&N

New York Cent & Hud River—Reg g 35s July 1 1997_ _J&JDeb g 4s 1934 •

MNDeb 4s 1942 tax-exempt_AJRef & Imp 4%s 2013 op A&ONYC Lines eq 58'16-'22 M&NNYC Lines eq 4%s '17-'25J&JNYC Lines eq 4%s '17-'27J&JNYC Lineseq 4 %s'17-'28_J&.TBos & Alb eq 4 %s'16-'27 A&OLB Col tr g 3%s 1908...... F&AJ.P.Morgan&Co.ctfs.of dep

M C col tr g 3%s 1998_ _ F&ABeech Cr-1st 4s g gu '36 J&J2d guar g 5s 1936 J&JClf 131t, C Co 1st g 4s '40J&J

Beech Creek Ext 33.s'51_A&OCart & Adir 1st 4s g '81_ _J& DGouv & Osw 1st 5s g '42J&DLake Shore & Mich South—Con.g ref 3%s 1997_J&DDeb g 4s 1928 M&SGold 4s 1931 M&NCleveShortLine4 %s'61A&OK A & Gr 11 1st 5s '38__J&JKal&W Pig'n g 5s '40_ _J&J

Mahon C RR 1st 5s '34_ _J&JMich Con 4%% notes '16M&S

tis con '31 D&BC div_M&SDeb g 4s 1929 A&O1st 5s Kal & SR 1939_11I&N1st mtge M Air L 4s '40 J&J1st g 4sJol&NInd'57 J&J101st g 33s JL&Sag '51 M&S 1st g 33.s 195281x BayC&13CIsti‘l g3s'89MJIND Bat C&S 1st gu g3s'89 J&D Dot It Tun 4 s'algu M&NGrand Illy Val 4s '59_M&STol Can Sou & D 4s '56_ J&J

Mob & Mal 4s 1991_ _ _M&SConsol g 334s 200-2_M&S

N J June 1st 48 gu '86_ _ F&ANY&Har 1st g 3%s2000M&N

858385b 6%433433/i

1 4444%40%933-i8659

f 40

50364090100%

80% 102100

b5.38%72

9077%

Y 11310774

44-687b4.6084.60 Jo

8988%

92%

107106109A1011013/i 101

50

89& Sout

58f 50

103%70

ville &

115

83%

92Y1943(

84.40%84.407b4.40 084.40%84.50%

79873's7896996598N 885A 103%

8595%94%100%102% 110106100io4Tg 9010090% 88

89%859093

89381

88

5%464434545453423943

46

55

5090%I

10598

102%

4.75%74%10095

108

4.404.40%4.40%102

100

113

523%

693%

91hwest

CO55

104%71

Nashv

1153%

833%93923%943%

4.30%4.30%4.30%4.304.40

799/i88803%963%

86953%943%1013%

1003%

903%

87

91

90

N Y Cent & Hud Riv—(Concl)N Y & Nor 1st g 5s '27 A&O

N Y & Put 1st 4s g 1993_A&O Nor & Mon 1st 5s g 1916 A&O

Pine Creek gu 6s 1932__J&DPitts &, L Erie Cs 1928___J&J

5s Jan 1 1928 A&OPitts McK & Y 1st Gs '32 J&J

2d 6s guar 1934 J&JMcK&BV 1st 6s g '18_J&J

RW&O con 58July '22 A&ORW&O cons g 3%s '22_A&O

RW&O Ter It 1st 5s '18_ M&N Utica & B Riv 4s g 1922_J&J

West Trans Co 3%s '23_ F&AWest Shore 1st 48 2361 ..J&J

N Y C & StL 1st g 4s'37__A&O Deb 45 May 1 1931_ __M&N

N Y Connecting RR-1st M 4%s 1953 F&A

I N Y & Gr'wood Lake—See ErieN Y & Harlem—See N Y C &N Y & Jersey—See Hud & ManN Y Lack & West—See Del LacNYLE& WC RR—See Erie.N Y & L Br—See Cent of NJ.

N Y New Haven & Hartford—Deb 6s Jan 15 '48 cony J&J 15Deb 4s July1'55 non-cony J&JDeb 43 1956 non-cony__ M&NDeb 45 1947 non-cony.. M&SDeb ”is Mch 1947_ M&SDeb 33%s 1954 non-cony A&O

Deb 33%s 1956 cony _J&J5% notes May 1916_ M&N

Bos&NYAL 1st 4s g'55_F&ACent New Eng 4s 1961__J&J

Dutchess Co 43%s '40_ J&DDanb & Norwalk 4s '55 _J&DCon 5s July 1 1920_ _J&JGen 5s Apr 1 1925 _A&O

Han Riv & Portch 4s'54 M&NHousatonic con 5s 1937_M&NNaugatuck 1st 4s '54 ..M&NN E Nay 6% notes '17_ M&NNew Eng cons 45 '45 gu _J&.1Consol g 5s July 1 '45 J&JNY&NEBosTer4s '39 A&O

NH&Derby—Cons5s'18 M&NN Hay & North 4s '56 guJ&DN Y Prov & Bos 4s '42_ A&O

N Y Westchester & Bos Ity-1st M g 43%s 1946 gu__J&J

Prov Ter 1st g 4s gu '56_ M&S N Y & Nor—See N Y Central

New York Ontario & Western— Ref 1st g 4s June 1992... M&S

Gen Mg 4s 1955 red _ _ __J& DEq 43%s Mar'16-Mch'28 M&S

NYPhila&Nor—lst g 43'39 J&J Income 4s Jan 1 1939_ _ _M&N

N Y Prov & Bost—See N Y N N Y & Putnam—See N Y Cent N Y & Rockaway Beach-See Lo N Y Susq & W—See Erie

N Y Westc & Bos—See NYN Nodaway Val—See KCStJ&CB Nor! & Caro—See Atl Coast L

Norfolk Southern-1st & ref g 5s '61 op '15 F&ANorf & Sou 1st 5s 1941__M&N

1st gen g 5s 1954 opt_ _J&JRal & Cape F 1st 5s '43 M&S Ral & Southp con 5s '65_J&D Suffolk & Car con 5s '52 .J&J

Norfolk Ter 1st gu 4s '61_ _ M&N Norfolk & Western-General 6s 1931 M&NImp & exten 6s 1934 F&ANew River 1st Cs 1032.. A&0N&WRy 1st cons 4s '96_A&ODiv 1st lien & gen g 4s July 1

1944 opt Jan 1 1929___J&JCony g 4s 1932 op 1917_J&DCony deb 43%s 1938 AldrSN&W Pocahontas 4s '41_J&DEq tr 43%s 1916-1924 _F&AEq tr 4s 1916-1917 VarColCon&Ter 1st 58 gSclotoVal&NE lst4s)89 M&N

North & South Caro—See CaroNortheast Penn 5s 1920 __A&ON'east of SC—SeeAt1C Lot S CNorthern Cal Ry—See So PacNorthern Central-Con gen 1\1 43%s E 1925_A&OMort bds 5s 1926 Ser A__J&JMort bonds 5s 1926 Ser B J&J

Northern N J—Ist 6s 1917_J&J Northern Ohio—See L E & WestNorthern Pacific—

Prior lien g 4s Jan 1997_ —Q-J Gen lien g 35 Jan 2047_ _ _Q-FRef & imp 43%s 2017SerA.J&JSt P & D Div g 48 1996J&DWash Cent 4s Mch 1948_Q-MC B & Q Coll 4s—See Gt NorSt Paul & Dul 1st 5s '31_F&A

2d mortgage 5s 1917__A&O1st consol g 4s 196S J&DDul Sh L gtd 5s '16M&SDul Union Dep 58 '30_A&.0

St Paul & N Pac 6s g '23 F&AReg certs 6s 1923 Q-FNo Pac Ter Co—lst Cs '33_J&J

North Ry of Cal—See Sou PacNorth Pac Coast—See No Shore

North Pennsylvania-1st M 4s extended 1936_M&N

Gen g 3 3-10s 1953 J&J Northw Term g 5s 1926 gu_J&J

Norwich & Wor-4s 1927 ..M&SNorw'd & Montreal—See N Y C

Ogd'bu & L Cham-See RutlandOhio Connect'g 1st g 4s43 M&S

Ohio I & W—See C C C & St L Ohio River—See Balt & Ohio Old Colony-4s gold 1924.. F&A 45 Dec 1925 J&D

4s Jan 1938 J&J 33%s July 1 1932 J&J

104% 89%99114111100115112% 101% 104

101% 98% 80929583%

99%

Hud R

K & W

11580%80%81% 737272%100%89% 83858410110186% 10691% 1009010598%100% 8689%

8186

& Hud

81%76

84.50%9391

H & H& Hudng Isla

H&H

8096% 90

119% 120%12093%

90%11511589%

b 4%%b 4%%103% 93%

Atl &100

102106106

93%66%97%190% 88

106% 101% 88100% 100109%108% 111%

99so8092%

9231

9796%933%89

90

92349531833%

est

115M8131 83

723%731005%

84

86

1003%

100

90

813%90

River

823477%

4.30% 9593

art Rivernd

84

10010010095

122

9331

911151159034

4.10%4.10%

West101

94663498

90

90

1103%

112

1018285

973%973(9431 90 iPitts

Omaha & St L—See WabashOregon & California—See SoPacOregon-Washington RR & Nay

1st & ref g gu 4s '61 opt _J&J Ore RR & Nay cons 48'46J&D Oregon Short Line—See Un Pac Oswego&Syracuse—See D L & W Ozark & Cherokee Central—

Ist g gu 5s 1913 opt °Pacific Coast Co—See MiscAB&ds

Paducah & Illinois-1st s f g 4%s 1955 gu J&J

Pan American 1st 55 '34 op J&J Pennsylvania RR—

Con AI 5s g 1919 M&Sdo 4s gold 1943..... M&Ndo 4s gold 1948M&Ndo 43%s g 1960 F&A

Geng43%s1965 J&DCon M 3)is g £ 1945_ _J&JCol tr 4s Ph W & B 1921_J&JRE pun mon 1st g 4s '23 M&NGen ft eq 4s Jne 16to 20 Q-F,b4.207Gen ft eq 4s Jne'16-'22_Q-MIb4.20%Gen ft eq 4%s Apr '16223_Q-JAleg Val gen 48 1942_M&SBalt Ches & At 1st g 58'34 NUSBelvidere Del gu 45 1927.F&A

1st g gu 33%s 1943____J&JCin Lob & Nor 4s 1942 M&NClev&Marietta-43%s'35 M & N

Cleveland & Pittsburgh-SerA4 %s gen gtd 1942_ _ J&JSerB43%s gen gtd 1942_A&O

Int red to 3% % Ser C 3%s gen gtd '48M&NSer D 33%s gen gtd '50F&A

D Riv RR&B gu g 4s36 F&AErie & Pittsburgh—Gen gu g 3%s SerB '40 J&J

Series C 1940 &Holidaysb Bedford & Cujrnbj

1st M g 4s 1951 guar_J&JPennsylvania Company-

1st M g 43%s 1921__J&JColtr43%srne15'21J&D15Gu g 4s 1931 op 1921_ A&OGu tr ctfs g 4s 1952_ M&NGu tr ctfs g 33%s 1937_M&SGu tr ctfs g 33%s 1941_ F&AGu tr ctfs g 33%s '42_ J&DGu tr ctfs g 33%s '44__J&DGuar trust gold 33%s call

1-15 yearly to 1916_M&NPitts C C & St L—.Con g gu 4 %sSerA '40A&Odo Ser B 1942 _A&Odo Ser C 1942 _M&Ndo Ser I 1963__F&Ado 43%s Ser J '64 M&Ndo 4s Ser D '45 M&Ndo 4s Ser F 1953_J&Ddo 4s Ser 0 1957_M&Ndo 4s Ser H 1960 F&Ado 33%s Ser E '49_F&A

CStL&Pitts 1st 53 g '32 A&OPitts Va & Char gu 48'43M&NSodus Bay & Sou g 5s '24_J&JSun & Law 1st g 4s 1936_J&J

Penn & N Y Canal—See Leh VPennsylvania & Northwestern-Gen 5s Jan 1 1930 J&JClearfield&Jeff 1st 6s '27_J&J

Pensacola & Atl—See Lou & NPeoria & Eastern—See Clev Cin

Peoria & N W—See Chic & N WPeoria Ry Term—See Ch R I &Pee & Pekin Un 1st 6s '21 Q-F2d mort g 43%s Feb 1 '21 M&N

Pere Marquette RR-Cons g 4s Jan 1 1951____J&JRef g 4s 1955 Guaranteed

J&J

Deb 6s July 1 1912 J&JEq 5s A & B 1916-1919_ A&O Chic & NV Mich 5s 1921_J&DCh & N Mich 5s gu '31M&N

Detroit Grand Rapids & West1st g 4s April 1 1940_ A&O

Flint & Pere M '_ &O Gold 4s 1920-------&&O1st con gold 5s 1939__M&N PtHuronDiv g 5s 1939 A&O Toledo Div 5s 1037 ....J&J

GrRapBeld&Sag 58 '24.... M&S Lake Erie & Detroit Riv Div-

1st g 43%s Aug 1 1932_F&A Pere Mani of Ind 4s '43M&N Sag Tusc & Hur 4s 1931_ F.Ir A

Perkiomen—lst ser 55 '18_Q-J2d series 5s Jan 1 1918__Q-J

Petersburg—See Atl Coast LinePhila & Bait Cent 4s 1951 _M&NPhilo, Balt & Wash 4s '43_ M& NPhiladelphia & Erie-Gen (now 1st) gu 6s g '20_J&JGen g 5s July 1 1920____A&OGong 4s July 1 1920____A&O

Phila Harrisburg & Pittsburgh-1st mort gold 53 1925_ __A&O

Phila, Newt & NY 3s '42__A&O Phila & Read—See Reading Co

PhilaWil &Balt—Deb4s'17 A&ODebenture 4s 1922 M&NDebenture g 48 1926____J&JDebenture g 4s 1932.. A&OCol tr ctfs 1921—See Penna

Philippine Ry—See Foreign GovPine Hi & W—See St L I ,M&SoPine Creek—See N Y Cent & HPitts Bessemer & Lake Erie—PS&LE 1st g 5s 1940_Ak0Cons 1st g 5s July 1 '43J&J

PB&LE con g 58 1947_J&JDeb g 5s 1919 J&D

Pitts Char & Youghiogheny—Gen mort gtd is 1932_ _A&O

Pitts Uri Chic & St L—See PennPitts Cleve & Tol—See B & 0Pittsburg Junction—See B & 0

& Lake Erie—See N Y Cent

91%

70

993%

1023% 98993%1053%1013%809998

84.20%963%80998590983%

104104843% 843% 843% 943%

863%

86.A93

1013%1013%943%933% 85858585

993%

1013% 1013% 1015% 1013% 1015/s 953% 953% 953% 953% 913% 1043% 943% 85923%

1053%111

Chic &

Pac10185

f 40ff 1133

fn 3

8040

66

j 85

71

7060

101101

9399

1063%1023%983%

10372

9934983%963%953%

RRSec., p

ud Riv

10641073%1073%95

RR

& Hud

87%92%

1003%75

99%10010610281%99%

4.10%4.10%4.10%9790100

100

96

95

101%101%95

863%

95

1073%

St L

4215

8360

102

75623%

65

102102

94993%

107%103%993%

10576

100993%98973%

age 50

10814,10s3%108100

Riverb Basis. f This price includes accrued interest. k Last sale. 1 In London. n Nominal. a Sale price. t Tax-exempt.Digitized for FRASER

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

38 GENERAL QUOTATIONS. [Vol.. 102.NOTICE.—All bond prices are now "and interest" except where marked "f"

and income and defaulted bonds.

Bonds. , Bid. I Ask. Bonds. Bid. Ask. Bonds Bid. I Ask.

Pitts WK. & Yough—See N Y St Paul Minn & Man (concl'd)- Southern Railway—(Con.)—

Pitts Shaw&N—lst g 5s'49 F&A f 30 1st consol g Os 1933 J&J 121% 122 ETVa&Ga—Dly g 58'30_J&J 103%1

Gold 4s Feb 11952 F&A / 10 1st con red to 44s g '33_J&J 103 103 Consol 1st g 5s 1956..M&N 105%

5% receivers' ctfs '15 op_F& A Montana ext 1st 4s '37 _J&D 963/i Ga Mid 1st g 3s 1916_ A&O 57% 60

5% receivers' ctfs '16 op.M&S, Pacific Ext 1st 49 £ 1940J&J d 69 Ga Pac 1st g 6s 1922... ..J&J 107%

Pittsburgh & Shawmut— Eastern Ry of Minnesota- Knoxv & 0 1st g Os 1925_J&J 108%

st f gold 55 1959 opt _ _J&D' n70 85 Nor div 1st g 4s 1948_ A&O 90 L & N So joint g 4s—See L&N

1st I col tr 6%notes'17opM&N 96 98 Minn Union 1st 6s 1922_ _J&J 10934 Mob & Birm pr lien 5s '45 J&J 99

Pitts Shen&LE—SeePBess&L E' 1st 58 July 1922 J&J Gen M g 4s 1945 J&J 68 72

Pittsb Term RR & Coal- Mont Con 1st gd 6s '37_J&J 123 Mobile & 0 coll tr 48 '38_M&S 75 78

1st g gu s f 5s 1942 J&J 75 90 1st guar gold 55 1937_ J&J 10934 Rich&DanDeb5sstpd 27_ A&O 102%

WestSideBelt 1st g 5s'37M&S 75 90 Wil & S F 1st 5s g 1938_J&D 1104 Richmond & Mecklenburg-

Pitts Va & Chas—See Penn RR St P & N Pac—See No Pac 1st g 4s Nov 1 1948__M&N 68

Pitts & Western—See B & 0 St P & S C—See C St P M & 0 So Car & Ga 1st g 5s '19 MEN 102

Pittsb Youngst & Ashtabula— Salt Lake City Un Dep & RR- Sumter&Wat11.53 g '19A&0 95

Consol 5s 1927 M&N 1024 1st M 5s 1938 M&N 87 05 Va Mid Series C 6s 1916_ M&S 100%

1st gen 4s Ser A 1948_ _J&D 94 San Ant & Aran Pass—SeeSoPac Series D 4-5s 1921_ M&S 100

Pontiac Ox & N 1st g Os '1-6_J&J San Francisco & Nor Pacific- Series E 5s 1926 M&S 100

Portland & Ogdensburg- 1st g 5s sink fund 1919J&J 1014 Series F 5s 1931 M&S 1024

1st M 44s 1928 guar_ _ _ M&N 100 San Fr & S Jo Val—See AT&SF Gen'l 5s 1936 M&N 1044

Port & R Falls—lst g4s'26 M& N 93 San Frau Term—See Sou Pacific do guar stamped_ M&N

Debenture 4s Aug 1927_ _F&A 93 Santa Fe Pres & Ph—See Atch Top & S Fe Wash O&W 1st gu 4s'24 F&A 93

Portl (Me) Term gu 4s '61_J&J 89 Sault Ste Marie Bridge- S & N Ala—See Louis & Nashv

Port Reading—lst gu 5s'41.J&J 1st Msfg 5s July 1 1937_J&J 96 South Pac Coast—See Southern Pacific

Ports Gt F & Con—Seellos& Me, Say Fla&W—See Atl Coast Line SpartanU&Col—See Astiv&Spar

Potomac Val—Ist gu 5s g'41J&J 103 •Say&States—Ist g gu 5s '53 J&J 00 Spokane Falls & Northern-

Princeton & Northw—See Chic & N W Schenectady & Duanesburg- 1st (3s g 1939 J&J 125

Providence Term—SeeNYNIldz H 1st guar 6s 1924 M&S 1123' Spokane International-

Prov & Worc—lst 45 1947_A&O 924 Schuylkill River E S—See B & 0 1st g 5s 1955 J&J 93 9.5

Quanah Acme & Pac 6s '39_A&O, Scioto Val & N E—See Nor & W State L & Stiffly 44s '29_ _J&J 90 92

Raleigh & Augusta—See Seaboa rd Air Line Seab Air L—lst g 4s 1950_A&O 82% 84 Staten Isid Ry—See Bait & Ohio

Ral&CapeFear—See Nor South.' Stamped 82% 82% Stephenv N & S Tex—See St L S W

Raleigh & Gas—See Scab Air Adjust M 5s, Oct 1 '49_ _F&A 684 68% Suff & Carolina—See Norf & So

Ral & Southp—See Nor South'n Ref g 48 1959 opt A&O 704, 71 Sumter & Water R—SeeSC&Ga

Raleigh & S W—See Chesapeak,e & Ohio 1st & con Os 1945 Ser A_M&S 9934 99% Sunbury Hazleton & W B-

Raritan River—ist g 58'39_J&J1 5% notes Mch 1 ,16 opt M&S 100 100% 1st 5s May 1 1928 M&N

Ravensw Spenc & Glen—See Ba It & Oh io Eq 4 4sJuly '16-July'22J&J15 64.60% 4.40% 2d mort Inc 6s '38 coup_ M&N

Reading Company— Eq g 5s Jne '16-Dec'19 J&D15 64.60% 4.407 Sunbury & Lew—See Penn RR

Gen g 4s Jan 1 1997 J&J 954 96 Eq g 58 Aug'16-Aug'23 F&A15 64.60% 4.40% Superior Short Line—See Ch StPM & Om

Jer Cen g 4s '51 op '06_ _ A&O, 94 , Atlanta-Birmingham Divis- Tampa & Jacksonville-

Atlantic City 5s 1919__ _ M&NI 102 1024! 1st g 4s May 1 1933_ _ NUS 8734 1st M 5s 1949 A&O 85

1st cons g gu 4s 1951_ _J&J 94 Car Cent 1st g gu 4s '49 _J&J 883-i Tampa North 1st .5s 1936 op.T&J 70 80

W&N s tr ctfs 4s red 105.Q-M 90 Florida Cent & Peninsula- Tarklo Valley—See K C St J & Council Bluth!

Phila & It-2d 5s g 1933_A&O 109 111 1st gold 55 1918 J&J 100% Term RR Assn (St Louis)

Imp M ext g 4s 1947_A&O 98 984' 1st 1 g ext 5s gold '30_ _J&J 100 1st gold 44s 1939 A&O 99%

Cons ext gold 4s 1937_ M&S 98 984 1st con bs gold 1943 J&J 102% 1st consol gold 5s 1944_ _F&A 104 106%

Term 5s g gu May 1 '41 Q-F 111 113 So Bound 1st g 5s '41_ A&O 104 Gen ref s f g 48 '53 op '10_ J&J 87 87,

Del R Ter p m g 58 '42M&N 104 Georgia & Ala 5s Oct '45_J&J 103% St L Br 1st g 75 1929_ _ _ A&O 117% 118,

Ex p mon g 58 1942_J&J 104 Ga&AlaTerm 1st g 5s'48 J&D 100 StL Mer Bdge T-5s'30 Aar° 1004 101

Wilm dz No 1st 5s '27_J&D 100 Ga Car & N ist 5s g '29_J&J 102% 10234 Mer Bdge (Is '29 op '09 F&A 104

Gen g bs Aug 1 1932_Q-F 102 104 RaPh&Aug'sta—lst 69'26 J&J 1074 Terre haute & Ind 5s 1925_J&J

Phila & Read Coal & Iron— RaPh&Gast'n—lst g5s'47J&J 102 !Terre Haute & Peoria-

Col s f g 45 ext'32 gu F&A 95 Seab&Roanoke--lst5s'26J&J 101 1st con g 5s Sept 1 '42 M&S 90

Rens & Saratoga—See Del & H Deb 6s after July 1 '16 F&A 100 Texas Central—lst 5s 1.923A&0 05

Richm dz Danv—See Southern Ry Seacoast RR of N J 5s '48_A&O 108 Texas & New On—See So Pac

Rich Fredericksb & Potomac— Sebast & Mooseh 1st 5s'28_M&S Texas & Okla—See M. K & T

Cons mtge 448 1940_ Adz() 101 Shamokin Sunb'y & Lewisb'g- Texas & Pac 1st 5s 2000_ J&D 97

Rich & Mecklenburg—SeeSoRy 2d 63 g July 1 1925 i&J 109 2d Inc g 5s Dec 2000.. _...Mar 35 36

Rich & Peters—See Atl Coast L Sherman Shrev & Sou—See Mo Kan dz Tex Lou Div 1st g 5s 1931_ _ _ _J&J 894 90

Richmond-Washington Co— Shreve Brdg dz Ter—See St Loul South western Weatherf'd Min W & North

Col tr g gu 4s 1943 opt_ 97 Sierra Ry of Cal— 1st gu g 5s 1930 F&A 05_J&D,

Rio Gr Junc—See Deny & Rio :Grande later 6s, g, Apr 12'37 _A&012 Toledo Can Sou & Det—See Mic h Cent

Rio Grande So—See Den & Rio.Grande Sil Sp Ocala & G—See Atl C L Tol & 0 Cent 1st 5s g 1935_ _J&J 103

Rio Grande West—See Deny dz1 Rio Gr ands Sioux C & Pac—See Chic & N W West Div 1st 5s g 1935_ _A&O 1024

Roth & Pitts—See Buff R & P Sodus Bay & Sou—See Penn RR Gen g 5s 1935 J&D 97

Rock Tel-Frisco Term-5s'27J&J; 86 90 Somerset Ry 1st & ref 42'55_J&J 80 85 Car tr 4s May'16-'17_ M&N1564.60% 4.40

Rock Isl Ark & La—See C R I &Paz South Bound—See Seaboard AL Car tr 45 Ser B 1917-'20_ _ J&J 64.60% 4.40 a

RockIsl & Peoria—See C R I dal So Car & Ga—See Southern Ry Kana & Mich 1st 45 1990 A&O 83 85

Rome W & Og—See NYC &H South Car West.. 1See Car 2d M g 55 1927 J&J 98% 99'

Rutland—Con 44s 1941_ _J&J 83% South Car West Ext_ jAtl & We St Eq 44s July '16-Jly'22_J&J 64.55% 4.35%

Benn&Rut 4%s g 1927:M&NI 87 Sou Indiana—See Ch Terre Han te & S Eq 445 July '16-J'Iy'24 J&J 64.55% 4.35%

Ogd&LCh 1st g gu 4s '48_J&J 76 Southern Pacific Co— St Mary's Div 4s g 1951_ F&A 88

Rutl Can 1st g gu 4s '49_J&JI 70 Coll tr 4s(CP) Aug 1 '49_J&D 86% 873 Toledo Peoria & Western-

Car tr g 44s 1916 to '17_AdzOb 6479Equip tr 44s 1923-27M&Nb 64`70 g°7Y0

Cony g 4s Jne 1'290p'14_M&SCony g 5s 1934 J&D

8834106

89Y1064

1st g 48 July 1 1917 J&J Toledo St L & Western-

60

Bag Tusc & Hur—SeePere Marq Eq 4%s 1916-Sept 1923_M&S 64.30% 4.20% Pr lien g 3%s July 1 '25__J&J 824

St Clair Mad & St Louis Belt— Car tr 44s '16-Mar'23_M&S 64.30% 4.20% 1st g 4s Apr 1 1950 A&O 58% 69

Alton Bridge 1st g 4s '51_ J&J 85 Aust & Nor 1st 5s g '41__J&J 100 Col tr g 4s Ser A 1917_ „F&A 18%1

St Clair Term 1st 5s 1932_F&AI 100 Central Pacific- Union Tr ctf dep 184 30

St Johns & L Cham-5s '44 M&S 1st refdg 4s g g'd '49_ F&A 90% 90% Tel Term 1st4 4s 1957 gu_M&N 75

St J & Gr I1-1st g 4s '47_ 60 I 61 1st g gu 4s Oct 1 1954_A&O 867 Tol Walh Val & Ohio-_J&J

St Law & Adiron 1st 5s'96_J&J 98 I 100 M 33-s g g'd Aug 1'29_J&D 8934 903/i 1st g gu 44s 1931 ser A__J&J 09

2d gold (3s 1996 A&O 103 ' Galveston Irarrisb & SanAn— 1st g gu 44s 1933 ser 99

St Louis Al & T H—See Ill CentSt Louis Br—SeeTerm RR AssnSt L & Cairo—See Mobile & 0St L Iron Mt & Sou—SeeMoPacSt L Mer Br Co—See Term RRSt L Peoria & N W—See Chic &N W

Mex&P Div 1st 5s'31_M&N2(1 M 5s 1931 gu____J&J

Gila Val Globe & Northern-1st g 5s Nov 11024. _M&N

Houston East & West Texas-1st 5s g May 1 1933_ _ M&N

101100A

100yi

10234

104 1st g gu 4s 1942 Ser C___M&STombigbee Val 1st g bs '56 A&O Gen Intge Gs 1935 J&J

Toronto Ham & Buffalo-1st g 4s June 1 1946____J&D

Troy & Boston—See Fitchburg

93

84

00100

85

St L Rocky Mt & P 5s'55stp J&JSt L South—See Illinois CentralSt Louis & San Francisco—

88 8834 1st guar g 5s Mar '33_ M&NHouston & Texas Central—

ist I g 5s 1937 J&J

10234

106%

103 Troy dz W T Bilge 5s I939_J&D

Ulster & Del con 55 1928__J&D

1st ref g 49 1952 A&O

9710172

10010276

Gen mtge g (Is 1931 J&JColl tr s f gold Os 1920_ __F&A

109100

Gen gold 4s 1921 A&OWaco&NWD1v6s g'30M&N

954 110

Union Pacific-1st Ry & 1 g 4s g 1947 ___J&J 98 084

Gen mtge gold 5s 1931__J&JGen gold 5s 1927 opt__ Al&N

1023j47i

104 I494

La West 1st Os 1921____J&JMorgan's Louls'a & Texas-

11513,i Cony 48 1927 J&J1st & ref 4s June 2008_ _ M&S

9490%

9431.91

Bankers Tr Co cts of dep_ 47% 50 1st tnort 7s 1918 A&O 1044 10534 Ore RR & Nay—See Ore-Was h RR & Nay

Stamped I 44% 49 1st g Os 1920 Mc.) 1044 106 Sh Line 1st g 6s'22_F&A 108% 10834

Eq notes 5s Aug '16-'17_ F&A 66.25 5.25%, North Cal Ity g 55 1929_ J&D 103,Oreg

1st consol 5s g 1946_ _J&J 106%

Coll trust gold 5s 1987_ _A&O 85 NoRy ofCal 5s g gu 1938 A&O 10734 Ref g gu 4s '29, op'07_J&D 03% 934,

Cons gold 48 1996 J&J 70 Oregon & Cal 1st 5s 1927_J&J 102 1024 Utah & Northern-

5% notes June 1 '13 opt_J&D I S A & Ar Pass g gu 45'43_J&.T 694 69 1st 7s'08 ext at 4%to'33 J&J 95 09

6% notes Sept 1 '14 out_M&S I San Fran Term 1st 4s'50 A&O 859'i 8534 Consol gold 5s 1920_ _J&J 102%

Refunding gold 4s 1901_ 693 So Pacific Br Os 1937_ A&O 120 Union Terminal Co (Dallas)_J&J

Cent Tr ctfs unstpd 694 724 Southern Pacific RR Cal- 1st g 5s 1942 Op 1922__A&0 97 100

Stamped July 1914 1st con g 53 gu 1937_ Mit N 1073-s United N J RR & Canal Co—

Stamped J '14 & J '15__ Stamped J '14 & J & J '15 63% 65

1st con ref g 43'55 op'10 Jit.TSo Pac Coast 1st g 4s '37_J&J

909/i92

g]. General gold 48 1923_ _ F&A

General gold (is 1929_ M&S99%99

100100

N 0 Tex&Mex illy 55'40.M&SAssented ctfs

I 1525 Texas & N 0—

Consol gold bs 1943 J&J 97General gold 4s 1944.-. M&S

Gen 1st g 34s Mar 1 '51 M&S99%88

993190

Birm Belt 1st g gu 4s'22_A&O Dallas Div 1st g 4s'30_F&A 79 82 Upper Coos—See Maine Central

Col South New Orl & Pac—Eq tr 58 Aug '16 Feb'17F&A

'Southern Railway- 1st consol gold 55 1994.. J&J 1024 103

Utah Central—See Rio Gr West

Utah & Northern—See Union P acific

Sou West Div g 5s 1947_A&OSt LW& Wg os 1919__M&S

90 95

Develop & gen M g 4s'56 A&O 5% g notes Mch 2 '17_ _M&S2

72341014

723410134

Utica & ill It—See N Y C & II

Utica Clint & Bing—See Del & Hud

St Louis Southwestern- Eqtrg44sAug'16-Feb'21F&A 64.55% 4.353 Vandalia RR-

1st g 48 1989 certfs M&N 784 7834 Eq tr 43s Ser M '16-'19_ J&D 64.55% 4.35 % Con g 4s 1955 Ser A ___ _ RirA 90

2d g Inc 4s Nov '89 cert_ _J&J 62 Eqtrg44sApr'16-Apr'20A&O 64.55% 4.35% Ser B 1957 M&N 00

1st consol g 4s 1932_ _J&D 65% 654 E Tenn reor lien 5s 1938_ M&S 98M 101 Vera Cruz & Pacific RR-

1st term & unit 5s 1952..J&J 663 694 1st Mem div g 55 1996_ _ _J&J 102 103 1st g 445 1934 opt J&J 86

Eq 5s Ser E 1916-1924 __A&Ob 6% 5% St Louis Div 1st g 49 1951 J&J 823-i 8434 Venlig Val Ind & W—See Mo Pa

Cent Ark & Ea 1st 5s'40op.i&J 95 Aiken Br 1st g 4s 1998 ..J&J 65 Vermont Val 1st 44s '40_A&O 92%

Grays Pt Term g 5s '47..J&D, 100 --_ Ala Cent 1st g Os 1918._ _J&J 10034 Vicksburg & Meridian—See Ala & Vicks

Stares( Bdg&Ter 5s '55 guF&A 81 85 Atlanta & Charlotte Air Line — Wks Shreve & Pac-

StephenvN&STex5s'40op.J&J 70 75 1st M 44s 1944 ser A_J&J 96 97 PI 6s '15 ext 5% '40___M & N 1004 102

St L Wichita & West—See St L & San Fran 1st M 5s 1914 ser 10334 10434 Gen 5s May 1 1941___M&N 00

St Paul & Duluth—See Nor Pac Atl & Danville 1st 48 '48_J&J 82% 8434 Virginia Midland—See So Ry

St Paul East Gr Trunk—See Chic & N WSt Paul & K C Short L—See Ch R I & Pac

2d g 4s 1948 J&JAtl & Yad 1st gu g 48'49_ A&O

744 75

, 1Va & Southw 5s 2003 J&J81 1st con g 59 1958 A&O

102%89

10390

St Paul Minn & Manitoba- Aug South g 5s 1924_ _ _ _J& D 90 IiVirginlan Ry-

1st eons g 4s 1933_ _J&J 97% 97% • 1st M g 5 1962 opt._M&N 98% 98%

bB%si,. cOn oasts of $4.848 to the L. d Oa the baste of SIS to the L. f This prick includes accrued interest. k Lait sale. / in (,oudou. • Sale price.Digitized for FRASER

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

FEB., 1.91.6.1 RAILROAD STOCKS. 39Bonds and Stocks. Bid.

Wabash—lst gold 5s 1939 M&N 104%2d gold 5s 1939 F&A 99%Deb mort 6s ser B 1939J&J 70Equip g 5s Mar 1 1921_M&S 94%1st lien term g 48 1954___J&J 701st ref & ext Is 1956 J&J

notes '10 °Kt to '13M&N Det & Chi ext 1st g 55 '41 J&J 103Des M div 1st g 45 1939. J&J 70Tol & Chic 4s g 1941_ _M&S 713jOmaha Div 1st 3 %s g '41A&O 72

Wabash Pitts Terminal Ry-1st g 4s June 1 1954 J&DCen Tr & Old Col Tr ctfs__ 13/i1st assessment paid Columbia Trust ctfs of dep 1ColTr ctfs dep forCenTr ctfs 1

2cl g 4s June 1 1954 J&DGuaranty Tr ctfs of dep___ 1.1Warren RR—See D L & W

Wash & Colum Riv-4s '35 J&J 90Washington Cent—See Nor PacWash Co Ry—See Maine CentWash 0 & W—See Southern RyWash Term Co.-3%s 1945.F&A 83%

1st g 4s 1945 guar F&A 93%Weatherford Min Wells & N—Se e Tex &West Jersey & Sea Shore—Consol g 45 1936 J&J 97Cons 3%s g Ser B 1936 J&J 88West Maryland-4s 1952. _A&O 7135% gold notes 1915 op J&JBait & Harris g 5s '36__M&N

1st M West Ext g 55 '38M&NCoal & Ir Ry 5s g 1920_ _F&A

West N Y & Penn 5s 1937_ _J&JGen mort gold 45 1943_ A&OIncome g 55 Apr 1943 _Nov 1

Western Pac 1st 5s 1933__M&SWestern Pa—ist g 45 1928_J&D 93West Ry of Ala-4%s 1918 A&O Western Transit—See N Y CWest Shore—See N Y C & H R RR CoWest Side Belt—See Pitts TermWest Vs Sr Pitts—See B & 0Wheeling & Lake Erie RR-

1st consol g 4s 1949_M&S 69L Erie Div 1st g 5s 1926_A&O 98Wheeling Div 1st g 55 '28 J&J 923/bEaten & im t g 55 1930_ F&A 94%Equip sf g 5s 1922 J&J) 56

Wheeling Term-45 1940 ..F&A 88Wichita Falls & Northwestern-

1st 5s Jan 1939 J&J 701st & ref g 5s 1940 op_ J&J

Wichita Union Term Ry-1st g gu 430 '41 opt_ __M&N

& East—See NYS&WWilliamsport & N Branch RR-

1st ref g 4%s 1931 JAriWillmar&S'Falls—SeeStPM&MW11 & Nor—See Phila & Read'gWil & Weldon—See Atl Coast LWinona & St P—See Chic & NWWinston-Salem Southbound-

1st g guar 4s 1960 J&JWisc Cent Ity—lst m g 45'49 J&JCh Wis & Minn 1st Os '16M&SMarshfield & South East Divpur mon 1st g 4s 1951_ M&N 81

Sup & Dui Div 4s 1936__M&N 90M nneap Term 33.0'50op J&J 70

Wise dr Mich Ry-5s 1945 J&J f Wise Minn & Pacific RR-1st g 4s Oct 1 1950 A&O fn 40

Wiscon Val—See C M & St PWorcester Nashua & Roch-45 Jan 1 1930 J&J 92 14s Oct 1 1934 A&O 91%1Yosemite Val s f g 5s 1936_J&J 70

RAILROAD STOCKS. ParAla Great Southern corn__ __ 50 IdPreferred

0 idAla NOT& P Jc A pref £510 B deferred .£10 IdAlbany & Susquehanna (gu) 100 250Allegheny & West (guar)_ 100 121Ann Arbor common 100 Preferred 100 Atch Top & Santa Fe 100 x 102%Preferred 100 100Atian dr Char Air L (guar).. 100 178Atlanta & West

Point10 150Atlantic Coast L Co of CCL_500, Atlantic Coast L Hit com__1001 111%Preferred 100 Atlantic Coast Line—A _ ___100 Atlantic 1st leased lines rent tr_ Id sl 93%Augusta & Say (guar) 100 101 101Bait & Ohio—Common 100 87 87Preferred 100 76% 77Bangor & Aroostook 00

Beech Cr (guar N Y C) 150 86

Bost & Alb (guar N Y C 100 190Bost & Lowell (guar B & M)_100 130Boston & Maine 100 36

Preferred 100Bost & Prey (guar Ohl Col)_100Boston Rev Beach & Lynn 100Buffalo itoch & Pittsburgh_ _100

Preferred 100Buff & Susq RR Corp com_100

Preferred 100Camden & Burl Co (guar)._ 25Canada Southern 100Canadian Pacific 100Preferred 100Catawissa RR—lst of (guar) 50

Ask.

102

98103%81%

f 2526

93

f 25

87100

230125901134260%13059166%

Id d 552(1 pref (guar P & R) 50 d 5434Cayuga & Swig (gu D L & W) 30 195Central of New Jersey 100 275Chesapeake & Ohio 100 613Chicago & Alton RR 100 8Preferred 100 12Chic Burl & Quincy 100 216Chic Gt West coin trust ctfs.160 12%Preferred trust etre 100 313'sChic & East Ill—Preferred .100

Stocks. Par. Bid. I Ask. 1101% Chic Ind & Loulsv corn 100 110 Chicago Milw & St Paul__ _ _101) 05%

100 I Preferred. _ 101 53

Preferred._ _ _ 100 132 !Chicago & North Western__ 100 123

I Preferred 100 1701 Chic It I & Pac Ry 100 16iChicago St Paul Minn & 0 _100 120

Preferred 100 135Chic Terre Haute & S E__ _10076 Cinctn Ham & Dayton 100One New On & Tex Pac__ _10024

Preferred_- _ 100

2% Cincinnati Northern 10013 Cin Sandusky & Cleve pref- 503 ICiev CM Chicago & St L 1003 Preferred.. 100% Clay & Pitts (Guar Pa RR) 50d 79%,%I Betternft stk (Gil Pa RR) 50'

Colorado & Southern 100 273j92 1st preferred 100 49

2d preferred 100 40Columbus & Xenia (Guar)_.- 50 205Concord & Mont—Class I 100 963-iClass II. 100 963% I Class III 100 963%Class IV 100 963%Concord & Ports (guar) .....10Ø 140Conn & Passumpsic—Pf(gu) 100 93

!Conn Riv (guar B & M)____100 155713% Cripple Creek Central 100 30 Preferred 100 38 Cuba RR preferred 100 Id _ _ _ _ Dayton & Mich corn (guar) 50 70 Pref (guar C H & D) 50 180 Delaware &.Bound Br (gu)__100 17783 Delaware & Hudson 100 149 Delaware Lack & West 50 d 22328 Delaware 25 161983% Denver & Rio Grande 100 10 Preferred 100 183%Des Moines & Fort Dodge.. _10t) 3Preferred 100 25Detroit Hills & S W (guar).... 100 87Detroit & Mackinac 100 95Preferred 100 9571 Duluth South Shore & AtI 100 41013% Preferred 100 998( East Penna (guar P & R)_..... 50 d 65 Elmira & W'msport (guar)_ 50 d 4680 Pref (guar Nor Cent)____ 50d 6791 Erie—Common 100 35%,1st pref 100 03%80 2nd pref 100 4570 Erie & Kalamazoo (guar) 50 190Erie & Pitts (guar Pa RR) 50 12695 Fitchburg preferred 100 80Fonda Johns & Glov com 100 10Ft Wayne & Jack—pref (gu) 100 11935 Georgia & Florida 100 Preferred 100 Geor RR & Bank Co (gear). 100 247Georgia Southern & Florida.. 100 91st preferred 100 802nd preferred 100 6587%, Grand Rapids & Indiana 100 n 10873% Grand River Valley (guar) _ _100 105 Great Northern Ry—Pref_ 100 11934Ore certificates d 4'3 Green Bay & Western 100 71 Deb ctfs A & B—See under bo nds Harrisburg Ports Mt J & Lan 504 90 Hartford & Conn Western_ 100' 28Hocking Valley—Common..100 FIudson Companies—Pref.. _100 6Hudson & Manhattan 100 33%Preferred 1001 5 Huntingd & Broad Top v t c 50 d Preferred v t c 50 a 12 Illinois Central 100 105Leased lines (gear). 1001 77Stk tr ctfs—See RR Securs Cos/ 373% Internal Rys (Cent Am) com100 Preferred 100 Iowa Central 100 5Preferred 100 10265 Jackson Lans & Sag (guar) 100 72134 Joliet & Chic (guar C & A) 100 115 Kal Allegan & Gr Rap (gu)_ 100 120 K C Ft Scott & Memphis Ry-10234 Pref (guar) trust ctfs 100 61100% K C St L & Chtc—Pref (gu)_100 90186 Kansas City Southern 100155 Preferrw1 100 soy,.118 Keokuk & Des Moines 100 3112 Preferred 100 30Lackawanna RR of N J 100 91Lake Erie & Western 100 10Preferred 100 32Lake Shore & Mich Sou 100 490Lehigh & New York pref__ _100 9Lehigh Valley 50 d 753%Preferred 50 d 102Little Miami °rig guar 50 201Spec guar betterment stk 50 9534Lit Schuyl Nay RR&Coal(gu)50 a 54Long Island 50 d 20Louis & Mo Illy pref (guar)_100' 100Louisville Bridge Co100 105Loully Fiend A St L corn_ 100 5Preferred 100 20Louisville & Nashville 100 123Lowell & Andover 100 100Lykens Valley RR & Coal 20 d Mahoning Coal RR 50 650Pref (guar L S & M S) 50 101Maine Central 100 101Preferred 100 101Manchester dr Lawrence__ _100 120Maryland & Pennsylvania _ 100 Massawippi Valley (guar).... 100 79Michigan Central_ _ . ______ 100 125Mine Hill & Schuyi Hay (gu) 50 d 5634Minneap & St Louis Coin.. _.A00 5Preferred 100 15Minneapolis St P & S S M....100 120Preferred 100 1314% Leased Line Ctfs 100 75Mississippi Central 100 35

1

Pac

9119213336%4823213095117%42%6114060167

s/ 81%5655%20531061%11 122%226 112%35 1

81 55%,

245103%351323570

05%

Stocks Par. Bid. Ask.Missouri Kansas & Texas_ __100

Preferred 100Missouri Pacific.. 100Cant Trust ctfs of dep Mobile & Birm pref (guar)__ 100Mobile A Ohio—See South'n RyMorris & Essex (guar) 50Nashua A Lowell 100Nash Chat & St Louts 100Nashv & Decatur (gu L & N) 25 I National Rys of Mex 1st pref100 I Second preferred 100110 New Orleans Mobile & ChIc..100 1 Preferred 100137 N Y Blyn & Man B pref (gu)_ 100 10446 New York Central RR 100 1043%76 Dividend payable in London Id New York Chic & St Louis.... 100 371st preferred 100 7923 2d preferred 100 6053 New York & Harlem (guar)_ 50 34550 N Y Lack A West (guar) _ _100 New York New Hay & Hart.. 100 66 N Y Ontario & Western____100 2634 Norfolk Southern 100 233% Norfolk & Western Ry 100 1153% Adjust preferred.. 100x 853%No Carolina (guar So RR)...100I 160 Northern Central (gu Pa RR) 50 d 160 North'n N H (guar Ii & M)_100 973%40 Northern Pacific Ry 100 1113445 Nor It R of NJ (gu Erie) 100 758/ 973% Northern Securities Co stubs__ d 95 North Pennsylv (gu P & It)._ _50 d 94 Norwich & Wore pref (guar)100 159184 Ogden Mine RIt(gu CenNJ) 100 951513% Ohl Colony (gu NYNII&I.1)_100 154224 Ontario & Quebec 100 d 174 Oswego & Si7ra (gu D L&W)_ 50 19513 Pac Coast co—See Misc stocks19% Pennsylvania Railroad 504 573%4 Peoria & Bureau Val (guar)_100 13035 Peoria & Eastern 100 1091 Pere Marquette RR 100 10c.110 1st preferred 100 25c.110 2i1 preferred 100 20c.6 Phila. Germ A Norris (guar).. 50 d 1411534 Phila & Trent (gu Pa RR) 100 232. 67 Pittsburgh Bess & Lake Erie 50 5349 Preferred 50 11869 Pittsb Cin Chic & St Louis.. .100 353% Preferred 100 90503% Pittsb Ft W & Chic (guar) 100 15746 Special (guar Pa RR).. 100 145205 Pittsburgh & Lake Erie 50 d 185134 Pittsb McK & Yough (guar) 50 120803% Pitts Youngst & Asht pref.. .100 15520 Prov & Worcester (guar) _ 100 200124 Providence Warren & B 100 125 Railroad Securities Co-

4% Ill Cent Stock ctfs I952__ 75253 Reading Co SO d 75% 1st preferred 50 d 43 2d preferred 50 d 42 Rensselaer A Saratoga (guar)100 17120 Rich Fred A Pot—Common.. 100 330115 Dividend obligations 100 33011934 6% guaranteed 100 3304334 7% guaranteed 100 33075 Rich & P & It F & C Conn_ 70 120Rio Grande Southern 100 1 !loch & Genesee Val RR_ 100 100 Rock Island Co 100 %110 Preferred 100 3%8 Rome & Clinton (gu D & 11)100 11563% Rutland preferred 100 258 St Joseph & Grand Island_ 100 8s 53% 1st preferred 1001 2114 2d preferred 100 12

107 St Louis Bridge 1st pref.. 100' 10480 2d preferred 100

St L Rocky Mtn & Pacific_ _100 Preferred 100 St Louis & San Fran corn_ __10010 1st preferred 10015 2d preferred 10079 Stock tr ctfs for Chic & East III130 corn Equit Tr ctfs....... 100130 Preferred 100

St Louis Southwestern 10065 Preferred 100105 Saratoga & Schenectady (gu)100 15326 Seaboard Air Line corn 100 163462 Preferred 100 373443% Sharon 50 105 Southern Pacific Co 100 983%94 Southern Ry common 100 2014 Preferred 100 5837 Mob & Ohio stock tr ctfs 65502 Southwest'n of Ga (gear).. .._100 101 Texas & Pacific 100 7

7534 Toledo Peoria A Western 100 Toledo St L & Western 100 5 , 8203 Empire Tr Co elf dep 5 6 Preferred 100 10 1455 Empire Tr Co elf dep 10 1222 Troy A Gr'bush (gu N Y C) 50 155 160120 Tunnel RR of St L 100 104 110 Union Pacific—Common_ __100 1313% 13210 Preferred 100 83 833%273% United N I RR & Canal (gu)100 225 228125 Utica & Black River (guar)_100 153 Utica Chen & Susq Val (gu).. 100 133 138 Utica Clinton & Binghamton100 65 75750 Valley HIT (N Y) (guar)____100 113 116103 Vandalia RR 100 5010134 Vermont & Mass (guar)____100 120102 Virginian Ry 100 213%125 Wabash Ry 100 1434 Pref A 100 4434 Pref B 100 28130 Ware Riv RR (gu B & A)_ _ _100 14057 Warren N J (guar D L & W) 50 156 161--6 Western Maryland Ry 100 253%17 Preferred 100 39121 West Jersey & Sea Sh—Corn 50 d 501373% Wheeling & Lake Erie com_100 23480 1st preferred 100 8373% 24 preferred 100 3Wisconsin Central_ 100 36Wrightsville & Tennille. corn 25 d

4055 I953%132%1293418916%

121141

5%144%

65

6155575

d 81% 32177% 125 135180 13523 6

211

5032%70

8%6%

112104q

s/ 114%41876235912366%272711686%16889

112%8210095

115153

0110%205

57%14514

50c.11

143236641288092

155

130160

3076431,442%177345345

350

3

1304

28

1105535754107

1947%16016q37%11598%20%5975104734

1232314%4'4%28%

264550%31241436%

b Basis. d Price per share, not per cent. Flat price. k Last sale. 1 In London. n Nominal. a Sale price 1 New stock. z Ex-div. y Ex-rights •Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

10

STREET AND ELECTRIC RAILWAYSIn quoting street a

The great majority of

On the other hand, we

of the price. Unless,

to be added on. This,

of the interest and noNOTICE.—All

nd electrio railway bonds, we employ the same method as in quoting the bonds of steam railroads.

issues being quoted "and interest," we use no designating mark whatever where that is the ease.

prefix the letter "f" where there is a deviation from this rule; in such eases the interest forms part

therefore, "f" appears against a quotation, the buyer will understand that the accrued interest is

however, does not apply to income bonds and bonds in default, in which cases the price takes acoount

designating mark is employed

bond prices are now "and Interest" except where marked "f" and Income and defaulted

bonds.

Bonds. Bid. Ask. Bonds. Bid. Ask. Bonds. Bid. Ask.

STREET RAILWAY BONDS.

Albany Ry—See United Tract'n

Albany Sou RR 1st 5s '39_M&S

Alton Gran & St 1,—See East St

Altoona & Logan Val Elec Ry—

Con g 4s 1933 gu__F&A 15

American Cities Co—Coll trust g 5-68 1919 opt _J&J

American Railways—Coll trust cony g 5s 1931_F&A

Coll trust g 5s 1917 opt_ _A&O

Scran Ry tr cts g 55'35_ _M&S

Anacos & Pot—SeeWashRy&El

Ardmore St Ry—See Phila. CoArkansas Valley Ry Lt & Pow6% notes July 1 1919_ _J&J

Ashland (Wis) L Pow Jc St Ry-1st M gold 5s 1939 J&J

Atchison Ry, Light & Power-1st 56 Nov 1935 MAN

Athens (Ga) Ry & Electric-1st & ref s f g 5s '50 op'15 J&J

Atlanta Cons St—See GaRy&E1Atlanta Nor—See Ga Ry & ElAtlantic Ave—See Bklyn R Tr_Atlantic City & Ocean City Co-Col tr g 5s 1947 opt. M&S

Atlantic City & Shore RR-1st M dz col 5s 1945 opt_J&D

titian Coast El 1st 5s '45_ _M&NAuburn & Syracuse Elec RR-

1st & ref g 5s '42 opt '12_A&O Augusta-Aiken Ry & El Corp—Sink td g 5s Dec 1 '35 opt.J&DAugusta Ry & El 5s '40_J&D

Aurora Elgin & Chicago RR—let & ref g 5s 1946 opt_ _ _J&JAE&CRy 1st g 5s '41 A&015Elg Aur & S s f 58 1916_ _J&D

Balt & Ann S L—See 11,Id El RyBait Cat & El M—SeeUnRy&El

BaltSpP&Ches—See Un Ry& ElBait Terminal—See Wash BaitBait Traction—See Un Ry & ElBangor Ry & Electric-

1st cons g 5s 1935 opt_ _ _J&JBeaver Valley Traction—Gen g 5s 1953 opt MAN

Berkshire St 1st g 5s 1922_ _J&DBinghamt Ry 5s '31 op '11 MANBirm Knox & All—See Phila CoBirm Ry, Light & Power—Gen ref g 4%s '54 op '09 _ A&ORef & ext g 6s 1957_ _ _ _M&N6% notes May 1, 1917 M&NBlrm Ry & El 1st g 5s '24_J&J

B1 St & Ful Fer—See N Y Rys—Boston El g 4s May 1 '35_ _M&NDeb g 4340 Oct 1 1937_ _A&ODeb g 434s Nov 1941 M&NDeb g 5s Dec 1942 J&DWest End St 5s 1932M&N55 March 1944 M&S430 Jan 1 1923 J&J4%s July 1 1930 J&JGold 45 May 1 1916__M&NGold 4s Feb 1 1917_ F&A4s Aug 1 1932 F&A

Bost & Nor ref g 4s 1951_ _ _J&JGeorget Row & Ipsw 5s'20J&DLowLaw&H 1st g 58'23opJ&DLynn & Bos 1st 53 g '24_J&D

Bost & Wore 1st 43i8 1923_F&ABridgeton & MillvTr 5s'30_J&JBway & 7th Ave—See N Y RyaBway Surface—See N Y RysBkn City & New—See C I A BkBrooklyn Rap Tran-5s'45A&O

1st ref gold 49 2002 J&J5% gold notes 1918 opt_ _J&JBklyn City—let 5s 1941_J&JWm&F1at434s July'41_F-A

Bklyn Hgts 1st 55 1941_ A&OBrooklyn Queens Co & Sub-

1st M g 5s 1941 opt '16_J&Jlet con gu 5s July '41_M&N

Bklyn Un Elev 55 1950_ _ F&AStamped guaranteed

Kings Co El 1st 4s 1949 FAAStamped guaranteed

Nassau Elec—lst 5s '44_A&01st g 4s Jan 1 1951____J&J

Atlantic Av con 5s g '31.A&OBkln Bath&WE 5s'33.A&O

Brownsville Ave—See Phila. CoBuff & Lack Tr 1st 5s'28op J(IED Buffalo & Lake Erie Traction-

1st & ref g 5s '36 op s f__M&N Hamburg Ry 4s 1926M&N

Burlington (Ia) Ry & Light-1st s t gold 5s 1932 opt_ _M&S

Cal Pac—See Pacific Elec RyCal St Cable RR serial 6s_ _J&JCalumet & South Chicago Ry-

1st M rehab g 5s '27op'12F&ACamden & Sub—See Pub ServCanal & Claib—See N 0 Ry & LCanton-Akron 1st g 5s '22_ M&SCanton Mass 1st g 5s'20. MANCan-N Phila g 5s '23 opt _ F&A

Capital Trac (Wash, D C)-1st g 58 June 1 1947____J&D

Carbondale Ry 5s Nov '33_J&J

87L & Su

82

94%

90983

97

93

883

84

95

5590

8397%993-i

& Ann

99

909094

88%9434100101

861)i,92%19134I98%11001009795 _09{ 99%397898% 100999090

10279%100%11013f 92100

91% 951007j100% 8585102763-(,100983

91

108%

923/iCorp

96%9696

10794

92

83

94%

93993-i

983-i

95

93

87

83100

05

8599100%

100

939590 1 1 Citizens'

1Cit'Citizens

833i953100%105

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100 1903'82 ,1 1

11Columbla1023

92%'95

103MS0%H101

96102

97_100%s

87105763102100

94

92%

989897M

107%96

Carolina Power & Light—tst M g 5131938 F&A

Cass Av & F'r Gr'ds—See Un RyCentral Ark Ry & Lt Corp-

1st 1 s f 5s 1928 M&SCentral California Traction-

1st s f g 55, 1936, opt_ _ _A&O

Cent Crosst—See N Y RysCentral Elec—See KCRy&LightCent Market St—SeeColRy&Lt

Central Ry-SeeUnIty& El(Balt)

Central Tract—See Phila CoCharleston Cons Ry Gas & El

Congo' g 5s 1999 M&S

Ch City Ry 1st g 5s 1923.J&J

Chattanooga Ry & Light-

1st & ref g 5s 1956 op '16.M&N

Chatt Rys 1st con 5s '56.M&N

Chicago City & Connecting Rys

Col tr s f g 5s Jan 1 1927.A&O

Chicago City Ry-1st g 5s 1927 op up to '12. FAA

Chicago Elevated Rys-5% gold notes July 1916_ J&J

Chicago Junction RR-1st g gu 4s 1945 op '10_ _ M&S

Ch & Mil El Ry 5s 1919___J&JRR 1st g 5s 1922 J&J,,f

Wise Div 1st g 5s 1925 gu.J&J

Chicago & Oak Park Elec Ry—Lake St El 1st 5s 1928 gu_J&J

Chicago Railways Co-1st rh g 5s 1927 opt F&ACon M 5s Ser A Feb '27_A&O

Series B Feb 1927 J&D Series C Feb 1927_ _ _ _F&A

Pur mon 4-5s Feb '27 op.J&J Adj Inc 4s Feb 1927 op_ May

Chic Sou Bend & Nor Ind RR-1st g 5s Jan 1 1937 J&J

Chris & 10th St—See N Y RysCin D & T Trac gold 5s '22_J&J

South Ohio Trac 5s '20_ _ MAN

Cin & H Os g Apr 1 1918J&J

Cin Lawr & Aur 55 1919___J&J

Cin New & Coy 5s g 1922 .J&J

2d g 5s July 1922 J&J

So Cov & Cin 6s g 1932_ _J&J

Newp't & Day 1st 6s '17_F&ARy & Lt—See Muscat!

Ry L &P—See Newp NewsSt—See Ind Tr & Ter.

Cit RR—See United Rys St Lou

Citizens' Tract—See Phila Co.City Pass Ry—See Reading Ter

City & Sub—See Port (OreCity & Sub—See Un Ry & El BCity & Sub—See Wash Ry & 1

Clev Ry 1st 5s 1931 opt_ __M&SCloy Painesv & Ashtab Elec-

1st gold 5s July 1 1922_ _ _J&J

Clev Pains & East 5s '16A&OConsol 5s 1918 A&O

Cleve Southwest & Colum Ry-

1st gen con 5s 1927 opt_ _A&O

Clev&SW 1st 5s '23op'13.F&A

Cl BerEly&Ober5s g '19_ M&S

Cloy Ely & W 5s 1920_ _ _F&A

Ely & Ober g 6s '17 op. FAA

(S C) Ry Gas & El Co

1st M s f g 5s 1936 J&J

Col Buckeye L & New—See Col

Columbus (Ga) Electric Co-1st coll g 5s 1933, option_ A&O

Columbus(0)Interurban Ter Co.

1st guar 5s 1935 J&D

Col Lon A Springf—See Ind Col'Columbus Newark & Zanesy—

1st gold 5s 1924 M&E'

Gen & ref gold 5s 1926_M&N Col Buck Lake & New Trac

1st gold 5s 1921 M&N

Zanesville Ry, Lt & Power-5s 1912 ext to Mar'24_A&O

Columbus Ry & Light-Cen Market 1st g 5s 1922_ J&J

Col Ry 1st 45 '39 opt '14_Q-J

Col St Ry 1st 5s g 1932__J&JCross St 1st 5s g 1933_J&D

Colum & 9th Av—See N Y RysCommonwealth Pow, Ry & Lt-Cony Os 1918 MAN

Compt Hts & Mer Ter—See UnConestoga Trac 1st 4s 'W._ J&J

Coney Isl & Bklyn 4s 1948_ _J&JConsol gold 4s 1955 ___J&J

B C & N 1st cons 5s 1939_J&J

Conn Ry & Lt 434s 1951_ _ _J&J

Stamped guaranteed opt'l_ _ _Con Ry(NewHav)deb 48 '54J&JDeb 4s 1955 J&JDeb 4s 1950 guar Cons g 4s 1930 Fj&tAj

Cons Ry A Pow (Salt Lake) SeeCons Tr(N J)—SeePubServCorCrosstown St—See Col Ry & LtCross St—See Int Tr (Buffalo)Cumberland Co(Me)Pow&Lt-

1st & ref g 5s 1942 M&S

Dallas El Cor col tr g 5s'22.A&0Danville Street Ry & Light Co-Ref gold 5s 1917-1925_ _ _ _J&J

Danville Urbana & Champ-1st 5s 1923 optional__ M&S

91

89

93102

75'88

—71 A

99%

95

8840

/ 8

55

983-s90%

94

71

9896110101

no Lt && 0 P

alt)

101

5710083

72%

9334

—88

Newark

80

75& East

95

759898

103ited Ry• 85

797899999980808079

Utah L

9497

96

963

93

92

70

8592

7234

9934

96

955011

99391%7334

703-i36

75

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TracRy El

103

6110196

75

953i

92&Zanes

85

85

9490

98

80

110000

1Galveston-Houston

10334a

868282101101341013-4838383

Ry

989934

99

99

Darby Nled&Ches—See Phil R TrDay Cov & Piqua Tr 5s '22 A&O Delaware Co & Phila—See Un PDenver & N W 1st 5s 1932 MANDenCTram—Purch g 5s'19 A&O

1st & ref g 5s 1933 op s f MANCon Tram con g 5s 1933_A&O

Denver Tram Power Co-1st imp g gu 55 '23 op '08 A&O

Denver Tramway Terminals Co1st m g gu 5s Sept'16-'37 M&S

Des Moines & Cent Ia Elec Co-1st s f Os 1937 op Ser A_M&S

Des Moines City Ry— Ref g 55 1921 op 1906__A&0

Det United 4%s 1932 opt_J&J5% notes May 5 1918_F&A5Det Elec Ry con g 5s '16-1&DDet Ry 1st 5s '16-'24_J&D

Det&Flint let g 5s '21 _F&A

Det Roch Romeo A L Orion1st sk fd g 5s 1920_ _ J&D

Det Ft Wayne & Belle Isle-1st g 55 Apr 1 1928_ _ _A&O

Det Mon & Tel Short Line Ry1st M g 5s Jan 1933_ _ _J&J

Det&NW43is '21 op '11M&N

Det & Pontiac-5s g '22_ F&A

Cons g 430 '20 op '11_J&DDet & Pt Huron Shore Line-

1st g 5s 1950 J&JRapRylst con 5s'16 _M&N

Det & Lake St Cl 5s '20A&0

Det Ypsil Ann Arbor & Jack-1st q 5s 1926 F&A

DAAAg6s1917M&NCons g (is 1924 F&A

Doylestown&E—See Phil & E—D D EB& B—See Third Av RyDuluth Superior Traction Co—

Duluth St Ry 1st g 55 '30M&NDuquesne Trac—See Phila. Co-Eastern Pa Rys 1st 5s 1930 J&JEastern Wisconsin Ry & Lt-

1st M g 5s 1923 opt.. .._A&O

Easton Cons El 5s 1949_ MANEaston Palmer A Beth St Ry

1st g 5s Dec 31 1918J&J

East St L Columbia & Waterloo

1st 5s Oct 1 1932 A&O

East St Louis & Suburban Co—

Coll trust g 5s 1932 opt_A&O

Cony (is Jan 11910 .J&J

Alton Granite & St L Trac-

1st cons g 5s 1944__F&A

Edgefield St—See Nash Ry & L

Eighth Ave RR—See N Y Rys

Elec A Poop—See Philo, Rap Tr

Elg Aur & So—See Aur Elg & Ch

Eliz Plaint & Con J—See P 13 CElmira Water Light & RR-

1st & con g 5s 1956 M&SEl Paso El Co coil tr g 5s'32J&JEly & Ober—See Cleve & S W TErie El Motor s f g 5s 1941 A&O

Evansv & Sou Ind Traction— Evansv El 1st g 4s '21_ M&N

Evansv & Princ 1st 5s '23A&O

Fairmont & Clarksburg Tract'n1st g 5s 1938 op 1913_ A&O

Fairmount Pk Transportation-

1st at g 5s 1937 opt A&O

Federal Light A Traction-

1st s f g as 1942 opt _M&S

Fed St A Pleas Val—See PhilCo

Ft Pitt Trac—See Phila Co

Ft Smith Light & Traction-

1st M g 5s Mar 1 '36 opt M & S

FtWayneB & M let 58 '35 gu J & J

Ft W Van Wert & Lima Trac—let M g 5s 1930 guar. .J & J

Ft Wayne & Wabash Val Trao...1st cons g 5s 1934.. ..... M & S

42d St M & St N Av....See ThirdFrankf Tacony & Holmesb Ry-

1st g 5s July 1940 J & JGalv Elec Co lst5s'40 op MAN

Elec Ry-1st Msfg 5s 1954 opt_ _A&O

Gary & Interurban Ry-1st ref g 5s 1930 opt____J&J

Geor Row & Ips—See Bos&Nor

Georgia Light, Power & Rys-

1st lien s C g 5s 1941 opt M&S

CentGaPow5s '38 op opt

Georgia Ry & Elec 55 1932_J&J

Reg & impt g 55 '49 s f_ _J&J

Atlanta Cons St 55 1939_J&J

Georgia Elec Lt 5s 1930_J&J

Atlanta Northern Ry Co-

1st guar 5s '54 op '09_ _J&J

Georgia fly & Power- 1st & ref a f 5s 1954 op_ _A&O

Grand Rap Ry let g 5s '1.6_J&D

Grand Rap Gr Hay & Musk Ry1st g 5s July 1 1926 J&J

Greenwich Tram 1st 5s '31_J&J

Hamburg Ry—See Buff & LakeHart Man & Rock 5s 1924_A&O

Hart & Springf 5s g 1921_ _J&J

Hart St Ry-1st g 4s 1930_M&SHavana El cons g 5s 1952_ F&A

& Tran729070

85

97

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80

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95101

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I This price includes accrued Interest. 4: Last sale. n Nominal. a Sale price. Min.—Mtnimum price on Montreal or Toronto stock exchanges.

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

FEB., 1916.1 STREET AND ELECTRIC RAILWAY SECURITIES.NOTICE-All bond prices are now "and interest" except where marked "f" and income and defaulted bonds.

41

Bonds. Bid. Ask. Bonds. Bid. Ask. 1 Bonds. I Bid. Ask.Helena L&Ry 1st 5s '25 op M&SHest Mau dr Fair-See Phila RHonolulu Rap Trans & Lan1-

1st g 6s 1927 op 1917___M&NHoughton County Traction

1st con g 5s 1937 J&J Houghton Co St 5s 1920_J&J

Hous El 5s 1925 op 1910__F&AIllinois Central Traction-

1st M g 5s 1933 op guar_J&DIllinois Valley Ry-

let s f g guar 58 1935_ _M&SIndiana Columbus & E Trac-Gen & ref g 5s '26 op '11.M&NCol Lon dr Springf 5s '20.A&O

Indianan Columbus & Sou Tr-1st M g 5s Feb 1 1923___F&A

Indianap dr Green Rap Tran-lst g 58 Jan 1 1929 J&J

Indianan & Martinsv Rap Tr-1st g 5s 1932 opt J&J

Indianapolis Northern-See UniIndianapolis & Northwest Tr-

1st g 5s 1923 opt M&SIndianapolis & Southeast Trac

1st M g 5s 1935 J&J Ind'p Shelbyv & Southeast 1sts f g 5s Jan 1 1932 Ha

Indianapolis Trac & Term Co-1st s f g 5s Jan 1 1933_ __A&OIndianan St gen 45 1933.... J&JCitizens' St con 5s g '33_M&N

Indiana Union Traction-18t g 5s July 1 '33 op '08.A&OIndiana Nor 1st g 58 '33_A&ONIunc & Un Cy gu 5s 36opJ&J

Interborough-Metropol Co-Coll trust g 434s 1951L _A&O

Interborough Rapid Transit-1st & ref g 5s '66 op tax-exJ&J

Internat'l Traction (Buffalo)-Coll tr 45' 1949 J&ABuff Ry 1st con M 5sg'31.F&NCross St Ry 1st 55 g '32_M&NBuffalo Trac 1st g 53 '48_J&DBuff Bell dr Lan 5s 1927_J&D Buff & Lock 1st g 5s 1938_J&JBuff & Niag Falls Elec Ry-

1st M 5s g 1935 ,T,‘,12d mtg g 58 '21 op '01_ _J&J

Internat Ry ref 5s'62op M& NLockp & Ole 1st g 5s '20__J&J

Interstate Rys-Col tr g 4s1943 op 1913 F&A

Interurban Ry & Terminal-1st g 5s Jan 1 1928

Iowa Ry & Lt (Cedar Rapids)-1st dr ref g 58 1932 op '15 M&S

Ironwood & Bessemer Ry & Lt1st s f g 5s '36 op aft '15_ F&A

Jackson & Battle Creek Trac)Jackson Consolidated TractionfJackson (Miss) Light & Tr-

1st s f g 5s 1922 opt '14__A&OJacksonville Traction-

1st con 58 Mch '31 opt M&SJacksonv El 5s '27 opt__ M&N

Jersey Central Traction-1st g 55 1931 M&NGen & ref g 53 '54 op '14_J&D

Jer City Hob & Pat-See PublicJohnstown (Pa) Pass Ry-Rfg g 4s 1931 Jar D

Joplin&PittsRy Ist58'30 opM&SKan City Ry & Lt Co 1st lien

ref g 5s 1913 opt__M&N156% notes Sept 1 1912 M&SCentral Elec g 5s 1914_ _ M&NK C Elev Ry 4sg'd '22_ _J&J

G't'd 69, 1922 J&JKC&Westp Belt 5s '26 op.J&JMet Corrigan iss 5s 1316_J&JMet St 5s 1910 ext to '13.M&N

Kan City-Western-lst refg g53 1925 opt Sept 1 '10 M&S

Kentucky Tree & Terminal-1st & ref gu 58 '51 op '14_ F&ALexington Ry 1st 5s '49_J&D

Kentucky UtIl (Is '19 A & 0 '15Kluge Co El-See Bklyn Rap TrKnoxville Railway & Light-Cons M 5s '45 op '10_M&SRef & ext 58 1946 op_ __J&DKnoxville Trac 5s 1938_ _ A&O

Kokomo Marion & W Tree-1st g 55 July 1 1933 J&J

Lackawanna & Wyo Val R TColl tr 5s 1951 F&A

Lake Sh Elec 1st con g 55'23J&JGen g 5s Feb 1 1933_ F&ALor & Clev g 5s '27 op '17.J&JSand Frem & So 58 1936_J&JTol Frem&Nor59.20op'05J &J

Lake St El-See Chic & Oak PkLehigh Valley Transit-

1st M g 55 Dec '35 opt M&S1st M g 48 Dec '35 opt.. ..M&SCons g 48 1935 Jar DRef & impt g 55 1960_ __ _J&D

Lewiston Augusta & Watery-1st & ref g 58, 1937 op_ _A&O

Lew Br & Bath 1st g 5s '18.M&SLexington Ave dr Pay For-SeeLox & Bost 1st g 434s '20_ A&O Lexington (Ky) Ry-See Ky TrLindell Ry-See United RysLittle Rock Ry & Elec-

1st g 55 1933 op 1908 _A&ORef & ext g 6s 1938_ _ __A&O

Lockport & Olcott-See InterLorain & Cloy-See LakeShElecLos Angeles Pac-See Pac El RyLos Angeles dr Pasadena-SeeLos Angeles Ry Corp-

1st & ref s f g 58, 1940.__J&DLos Ang Ry 5s g 1038.. ..A&O Los Ang Trac 1st g 5s'38J&D Louisville & Nor Ry & Light-1st g 58 1925 opt 1910___J&D

82T

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2d mtge 434s 1946.. ..M&SGen M 55 1950 F&A

Low Law & Hay-See Bos&NorLynn dr Bost-See Bos dr NorMacon Railway & Light Co-

1st cons g 5s '53 opt '08.. _J&J Mahoning & Shenango RV&

& Mah Val 58 '22_M&NYoungst Shar Rv&L5s'31 J&J

Manchester(NH) Tr L dr Pow-1st cons 5s 1921 A&O

Manhattan El con 4s g'90_A&OStamped tax-exempt

Manila Elec RR & Ltg Corp-1st lien & col tr g 5s '53_M&S

Manila Suburban Rys-1st Msfg 55 guar 1946_M&S

Market St Elev Pass-See PhilaMarket St (San Francisco)-SeeMaryland Electric Rys-

1st s f g guar 5s 1931 red_A&OBait & Ann S L 5s 1946_F&A

Massachusetts Electric Cos-Col tr 5% notes 1918_ __A&O

McGavock & Mt Vernon-SeeMemphis St Ry con g 5s '45_J&JMetropolitanJtR-See Wash RyMet St Ry-See N Y RysMetropolitan West Side "L"-

1st gold 4s 1938 F&AExten gold 48 1938

&

Michigan United Rys-1st & ref gold 5s 1936_ _ _ M&NJack & Bat Crk 5s '23_J&JJack Cons Tr 5s 1934 M&NMich Traction 1st 5s '21_J&JMich Trac Ext 1st 5s '23_J&J

Mich Ry 6% notes 1919 __J&DMiddlesex & Boston St Ry-

1st & ref g 43.'s 1932 opt_J&JMillvale Etna & Sharps-See P

Mil El Ry & Lt-5s 1926.. F&ARef & ext 434s g '31 opt.. .J&J

Gen & ref g 5s 1951 opt_ _J&D Milw Light, Heat & Trac-

1st g 5s gu 1929 opt__M&N MInneap St Rys-See TwinCity Mob Lt & RR-lst g5s'37_J&13

Cons g 5s 1941 M&SMob St RR-lst Os g'23 M&N

Monongahela St Ry-See PhilaMonongahela Valley Traction-

1st M g 5s 1942 opt '22__J&D Montreal Tramways & Power-

Coll tr 6% g notes 1917 _A&OMontreal Tramways-

1st & ref g 5s 1941 opt _J&JMontreal St Ry 434s'22_F&A

Montville St Ry-5s 1920.. M&NMorris Co (N J) Traction-

1st 5s J'ne '15 1935_ _J&D 15Mt Wash St Ry-See Philo, CoMuncie Hartford dr Ft Wayne-

1st g 55 1935 opt 1925_ __J&JMunciedrUnCTr-See Ind Un TrMuscatine Light & Traction-

Citiz Ry &L 1stg 5s'17_A&OMuskegon Trac &Lighting-

lst g 58 1931 opt 1911___M&SNashville Railway & Light-Cons g 55 1953 opt 1908_ J&JRef and ext gold 5s 1958_J&JNashville St Ry 5s 1925.. J&JEdgefield St cons 6s 1920_1UMcGavock & Mt Vernon-Summer St lstM 63'26_J&J2d series Os July 1937_ _J&J

Nassau El-See Bklyn Rap TrNewark Pass Ry-See Public Se

New Bed Middleb & Brock-SeeNew Bedf & Onset 1st 5s'22.J&JN H & Centrev 1st 5s g'33_M&SN J & Hud liv Ry & Ferry-

1st gold 4s 1950 opt.... _M&SNew Orleans Ry dr Light Co-Gen M 434s g 1935 Ref&gen5s'49op'19serA Mjdr(tN

Series B Deb g gu Os 1916 opt___J&DCanal & Claib 1st 6s '46.M&NN 0 Cy RR-Gen g 5s '43J&JN 0 Cy & Lake 5s 1943.J&J

Power-house 65 1917 _J&J NO&Carroll con5sFeb'33.j&JEdison El 1st 5s 1929.. ..J&J

N 0 Pow-House Co 5s '41.J&JSt Charles St 1st g 4s'52 J&J

Newp't & Day'n-See Cin N'ptNewp'tNews&OldPt Ry & ElCo

1st g 5s Nov 1 1938____M&NGong 5s Mar 1 1941____M&SCitizens Ry L & P 5s'40_ M&N

New W'msburgh & Flatbush-New York Railways-1st R E & ref 4s '42 op'16_,I&JAdj Inc g 5s Jan 1942. A&OBleeck St & FF 1st 4s '50_J&JBway&7th Av Cons 5s'43J&DBway Surf RR 1st 5s '24_J&JCenCrosstown 1st 63'22.M&N

Chris&lOth St lst4s'18A&O Col & 9th Ay 1st 5s '93_ _M&S Eighth Av cert Ind 6s'19.F&ALexAv&P Fy 1st 5s g'93.M&SSecondAy con 5s g'48 gu.F&A

Trust Co ctfs of deposit___South Ferry 1st 5s 1919_A&O Tar W P & Mam 55 g '28M&S Third Ave-See under "T."34th St Crosst 1st 5s '96.. A&O23d St. Ry. 5s 1962 J&J

N Y & Queens Co 4s g '46_A&OSteinway Ry-lst g 6s'22.J&J

NY&Stamf-Ist g 5s '31__A&Olst&ref g4s'58op af'14guM&N

New York State Rys- 1st con g 43.'s '62 op '13M&N

102%90%97

100% 9834

1009192%

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5907%

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86

IN Y Westch & Bos-See SteamNorf & At! Term-See VaRy&P!Norf dr. Ports Tr-See Va Ry &PNorfolk Railway dr Light-

1st cons g s f 5s 1949_-

_M&NNorfolk St 1st g 5s 1944.. _J&J

North Carolina Pub Serv Co-1st & ref 5s 1934 opt__ __A&O

Northern Elec Co (California)-1st at g 5s 1955 opt 1914_AS,.-0

Northern Illinois Lt & Tree-I 1st M gold 5s 1923 guar_ -HO

I Northern Ohio Trac & Light-' 1st consol g 55 1933 J&J

1st consol g 4s 1933 J&JI Nor Ohio con g 5,5 1919.. J&J; Northern Texas Electric Co-

Coil tr s f g 5s 1940 opt J&JNorthern Texas Traction Co-

1st g 5s 1933 opt 1913 J&JNorth Hurl Co Ry-See PublicNorth Jer St-SeePubServCorpNorthwestern Elevated (Chic)-

1st M 5s 1941 optM&SUnion El (Loop) 5s g-'745_A&O

Norwich St-lst g 5s '23__A&ONorwich dr Westerly Traction-

1st & coil g 5s 1932 M&N Oakland Traction Co-Gen con 5s Jan 18 '35__J&J18Oakl Trac cons 5s 1933_ _J&J Oak Tran 1st con s f 5s'32 J&J Oak 'Fran 1st con g 53 '31_J&JOak Tr Co con g 6s '18_J&J

Oklahoma Ry-1st & ref g 55 '41 opt '21__J&J

Old Colony St Ry ref 4s '54_J&JNew Bed Middleb & Brockt-

1st g 58 Jan 1 1920__-

_J&JSo Shore & Bos g 5s '19..F&A

Omaha & Council Bluffs StRy-1st consol g 58 1928 J&J

Omaha & Corm Bluffs Ry & Br 1st cons g 5s Jan 1 1928.. _J&J

Omnibus Cable(San Fran)-See Oregon Electric Ry-

1st g 5s 1933 opt M&NOttumwa (Iowa) Ry & Light-

1st & ref g 5s 1924 J&JOttum Tr & L 1st 5s '21_A&O

Pacific Elec Ry g 5s 1942 J&JCalifornia Pacific 5s '41_ _Mr.!Los Angeles Pacific Co-

1st ref g 4s 1950 opt'15_J&JL A-Pac RR con 59'31 A&OLA Pa RR Cal 5s '43_ M&S

Los Ang & Pas 5s g 1928_J&JPacific Pow & Lt-See underGasPaducah T&L col tr g5s'35 NI& NPaterson Ry-See Pub Ser Corp

Peekskill Lt & RR-5s '30.A&OPenn & Mah Vall-See Mah drPensacola El Co 1st 5s '31_F&APeople's Trac-See Phila. R TPeoria Bloom & Champ Tree-

1st g guar 5s 1936 M&NPeoria Railway-

lst&ref 5s'17 to '26 op guF&APhiladelphia Company-

1st colt trust g 5s 1049.. _M&SCons mtg coil tr g 5s '51. M& NCony deb g 5s 1919 F&A

Cony deb g 5s 1922 opt.. M&NArdmore St 5s 1958_ ___A&OCentral Trac 1st 5s 1929_J&JCitizens' Trac 1st 5s 1927A&ODuquesne Trac 1st 5s '30_J&JFed St & P V 5s May 1 '42JdaFt Pitt Trac 1st 5s 1935_J&DGasCos-See Gas Secur, p 44Millvale Etna & Sharpsb-

1st g 58 1923 M&NMonong St Ry 5s g 192S.J&D

WilkdrEPit 1st g5s'29 M&SMount Washington St Ry-

1st & colt tr gu 5s 1933.A&OPitts Alleg & M gen 55'30A&OPitts & Bir Tr 5s g 1929_M&NB K & A Trac 6s 1931.M&SBrownsv Ave 5s 1926_F&AW Liberty 1st g 5s '30_J&J

Pitts & Charleroi 5s '32_M&N Pitts Trac 1st 5s 1927.. _A&O

SoTracIst&coll tr g 5s'50A&O The 2d Ave Tr 5s 1934 _J&D

United Traction 5s 1997_J&JWest End Trac con 58 '38.J&J

Philadelphia Rapid Transit-Coll tr g 5s 1957 opt s f_ _F&AS f guar g 5s '62 opt '17_ M&SDarby Media dr Ches St Ry-

1st 43-45 '36 opt '16 gu_J&J Market Street Elev Pass fly-

1st g gu 4s 1955 M&NUnion Traction-Elec & Peo 4s tr ctfs'45A&OHest Man & F 5s 1924 M&NPeople's Traction Co-P P Ry tr ctfs 48 '43 F&AW Phil Pass 2d 5s '26.M&N

Phil & W Ches 1st 5s 1918.J&JMtge gold 4s 1954 J&J

Pitts Alleg & Man-See PhilaCoPitts & Blrm Tr-See Phila Co

Pitts & Charleroi-See Plana CoP McK&Con-See W Penn RysPitts McK & Greensb Ry-

1st g 5s 1931 13r.1 Pitts Trac-See Phila Co Portland (Me) RR-

1st con 334s 1951 op '31_J&J1st 1 & con in 5s 1945__NI&N

Portland Ry Lt & Power-let dr ref s f 5s 1942 op __ F&A5% notes May 1 1917_ __ M&N Portl'd Ry ref 5s '30 op_ M&NCity & Sub 6s '16 op_ _M&SCon g 4s '30 op '15_J&D

Port Gen Elec 1st 5s '35_J&J

RRs-

I 9634104

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/This price includes accrued interest. k Last sale. n Nominal. a Sale price.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

42 STREET AND ELECTRIC RAILWAY SECURITIES. [VOL. 102.

NOTICE.—All bond prices are now "and interest" except where marked "f" and income and defaulted bonds.

Bonds. Bid. Ask. Bonds. Bid. Ask. Bonds. Bid. Ask.

Porto Rico Rys, Ltd- So Side El 443 1924 op '10_JacJ 88 89 United Traction (Albany)—

1st g 5s Nov 1 1936 op. M&N 80 Southwest Missouri RR— Deb g 43is 1919 M&N 89 92

Providence Securities Co— Gen & ref 53 1931 M&S 898 Con g Ois 2004 J&D 83 86

Deb g 45 '57 op '17 gu__M&N 623 SW Mo El Ry ref 551923_M&S 8100 Tax-exempt 83 86

R I Sub 1st g gu 4s '50J&J 83 87 Spokane & Inland Empire RR Albany Ry con M 5s g '30 J&J 97 98%

United Tr&El let 5s '33 M&S 98 100 1st & ref g 5s 1926 opt_ M&N 78 82 Gen g 5s 1947 J&D 97 98

Public Service Corp of N J— Springf dr N E Tr—See St L Spri ngf & Peoria— WTurn&Rit 1st g Os '19 M&N 100 102

Trust certs 6% perpet__M&N 104 105 Springfield (Ill) Ry & Lt Co- 2s g 6s 1919 M&N 100 102

Gen g 5s Oct 1 1959 op__A&O 90 90% Coll tr g 53 1933 opt _J&D 81 85 Troy City Ry 55 g 1942_A&0 94 97

5% coll notes 1916_M&S 100 100% Springfield (Mo) Ry & Lt Co- Unit Tr (Pittsb)—See Plana Co

Camden Sub 1st 5s 1946_J&J 102 1st s f g 55 1926 opt___M&N 89 93 Unit Tr & El—See Prov Sec Co

Cons Trac 1st 5s 1933 __J&D 1013 102% Springfield (Ohio) Ry— Utah Lt & Ry (Salt L City)-

Eliz Plainf & Cent Jer Ry- I 1st m 55 1935 M&S 90 95 Cons Ry dr P 1st 5s '21__J&J 97 99

1st g 5s Dec 1 1950_ J&D 93 95%' Steinway Ry—See N Y dr Qu Co Utah L & P 4s—See Gas Cos, p. 45.

Elizabeth & Trent 5s'62 A&O 91 SutterSt—SeeUnitedRRs(SanF) Utica & Mohawk Valley Ry-

Gas Cos—See Gas Secur p. 44 Syracuse Lake Shore & Nor- 1st g 4-s 1941 M&S 93

J C Hob & Pat 45 1949_M&N 75% 76 1st M g 5s '47 opt '17_M&N 61 63 Utica Belt L 1st g 5$ '39 M&N 105 108

Newark Pass con 5s '30 J&J 104% 105 Syrae Rap Tr 1st g 5s 1946..M&S 99 101 2d g 5$ 1931 J&J 102 105

Newark Term Ry 55 '55_J&D 98 99 2d mtge g 5s 1930 Hr.) 92 94 Virginia Ry & Power—

N Hud Co Ry cons 5s '28_J&J 101 Tacoma ity P—See Puget Sou ad Elec 1st & ref g 5$ 1934 J&J 91 92

2d 5s ext to 1924____M&N 98 Tampa Electric Co- Nor( & Atl Term 53 '29 M&S_ 92

Nor Jer St Ry 4s 1948_M&N 78 79 1st M g 55 1933 s I op J&D 99 101 Norf & Ports Tr 5s '36 J&D 82 82%

Or Jr Pass Val 1st 5s '38_J&D 92 Tar. W Pi & Ma—See N Y Rye Wash Alexandria & Mt Vernon

Paterson Ry—Con6sg'31J&D 110 Taun & Brock 1st g 5s '17_F&A 1st g 5$ 1955 opt M&S 83 87

2d 6s '14 ext 5% to '44A&O 101 103 Terre Haute Indianap & East- Washington Ball & Ann El-

R Tr St Ry let M 59 g'21A&O 100 1st & ref s f g 5s '45 op_A&O 91 1st M 53 Mch 1941 op_M&S 86% 861%

Riverside Trac 5s 1960_J&D 92 95 Terre Haute Trac & Light- Wash Ry & El g 4s 1951J&D 803j 81

So Jersey Gas El dr Trac— 1st con M g 5s 1944_ __MSrN 95 99 Anacost & Pot 5s 1949__A&O 96

Guar g 5s Mch 1 1953 M&S 98% 100 Terre Haute El-5s '29 _J&J 98 Guaranteed 98%

Pueblo & Sub Tr & Ltg- Tex Trac—lst s f g 53'37opt J&J 88 City & Sub 5s g 1948_ F&A 102A

1st a f 5s 1922 A&O 87% 90 Third Avenue Ry (N Y)- Metropolitan 1st 5s 1925 F&A 103

Pueblo Tr & Ltg 53'21 op J&J 97 100 1st ref g 4s 1960 op aft '14 J&J 82 83 Washington Water Power Co—

Puget Sound Tr L & Pow—Mort 69 Feb 1919 F&A 100 101

Adj Inc g 55 Jan 1960 op_A&OThird Av RR 1st 5s g '37_J&J

1 83106

83X107

Consol & coll tr g 55 1929_J&J1st refg g 5s 1939 op____J&J

99993,5

100%100

Puget Sound Electric Ry- Dry Dock E Bway & Batt'y Waterloo Cod Falls &. No Ry-

1st consol g 53 '32 op_ P&A 80 85 1st 5s gold 1932 J& D 96 100% 1st M s f g 53 1940 op '15_J&J 92%

Tacoma Ry&P 59 '29 A&O 85 90 Certif indebt 5s '14___P&A 1 15 25 Watervliet Turnpike & RR—See Un Tr (Alb)

Puget Sound Power Co-1st g gu 5s 1933 opt__ __J&D 94 97

42nd St M & St N 1st (Is '10,Ext at 5% to 1940__M&q

Westchester Elec—See 3d AvRy West Chester (Pa) St Ry-

Quebec Ry L H & Pow— Sou Boulev g 5s 1945.. J&J 1st g 5$ Aug 7 1932 F&A 80 85

Cons g 5s 1939 opt__ ___J&D 50 54 28th&29th St5s'96 ctfs A&O 1 West End St—See Boston El

Rapid Ry—See Del United Ry Union Ry 1st 59'g 1942 ..F&A 100 1023 West End Trac—See Phila Co

Rap Tr St Ry—See Pub Sex Cor Westchester El 1st 5s g'43.T&J 85 89 Western N Y & Pa Trac-

Reading Trac 6s 1933_ J&J 108 111 Yonkers Ry 1st 5s 1946_ A&O 89 95 1st & ref g 53 1957 op '12_J&J 83 86

Read&Wom—lst 5s g '25 J&J 100 101% Thirty-fourth St Crosstown—S ee N Y ftys. W Ohio Ry—lst 5s 1921__M&N k 84

Republic Ry & Light- Toledo Bowl Green & Southern West Liberty St—See Pirtle Co

5% notes Dec 1 1918___J&D 973-i 98 1st g 5s May 1 1921_ ___M&N 85 I West Penn Railways Co-

R I 3ub—See Prov Secur Co Frem & Nor—See LakeShEl 1st g 5s Jan 1 1931 A&O 99% 1001%

Rio de Janeiro Tram L & P-iTo!Tol & Indiana 1st 5s 1931_J&J 95 97 Pitts McKees & Connells RR

1st g 5s 1935 J&J 90 Toledo Trac Light & Power- 1st cons g 58Jan 1 '31_ _J&J 102 103

Roanoke Tr & L 1st 53 '58_F&ARoch Ry & Lt 5s '54 opt.. ..J&J

85 9099 100

1st lien 6s Feb 1918 op__F&ATol & West Ry 1st g 5s '26_J&J

100%59

101363

West Penn Tr 1st 5s 1960_J&D6% notes 1917 op M&S

84100

86100A

Tax exempt 99 100 Topeka Ry-5s '30 op '15__J&J 95 07 W Phila. Pass—See Phila R T

Roch Ry cons 55 g 1930_ A&O 102 104 Toronto Ry 43.s '16-'21__F&A 91 93. West Virginia Trac & Elec-

11 53 g 1933 J&D 99 101 Trent St Ry—con g 5s '38__J&J 98 100 6% notes 1917 J&D 07 99

och Syr & E 1st 53 1945_M&N 49 50 Trent Pass 6s Sept30'31 A&O 110 Whatcom Co Ry&Lt 5s'35M&N 90 93

Rock Island Southern Ry- Trent Penn & Hop 5s '43_J&D 90 Wheeling Trac 5s g 1931___J&J 90 95

1st g 53 1947 op aft '13_ __J&J 39 Tr -City Ry & Light— Wilkes-Barre & Hazleton RR-

Rockford & Inter-Urban Ry- Coll tr s f g 5s 1923 A&O 99 99% 1st coil tr g 5$ 1951__M&N 13 130 40

1st g 5s 1922 op 1907___A&O 90 05 let & ref g 5s 1930 opt_J&J Wilkes & Wyo Val-5s '21 A&O 99% 1011%

Rockford & Freeport 1st g gu Troy City Ry—See Un Tr (Alb) Wilkinsb & E Pitts—See Phil Co

5s 1923 op aft Feb '10 M&N 90 95 28th & 29th Sts—See 3d Ave Ry Willapa Elec 6s 1923 J&J 00 05

Rock B & .1 1st g 5s '30guA&ORutland RyL&P lst5s'46 M&S

90 9583 88

Twin City Rapid Transit Co-Minn St R con 5s '19 J&J15 100

%Vilna & Ches Tr g 55 1918_A&0 Winnipeg El—lst ref 5s '35 J&J

98 99%97

Sacramento Elec Gas & Ry—Cons 53 Nov 1 1927_ __M&N 102,X 1033s

St Paul Cy—lst g 6s '32_ A&O1st cons Os g 1934. .._.A&O

1051064 6% notes Jan 15 1918_J&J 15

Wisconsin Edison Co-100 101

Saginaw-Bay City Ry-1st dr ref g 5s 1935 istics 80 85

Cable con 5s g 1937__J&WGuar g 5s 1937

1013j101%

102103%

Cony deb Os 1924 M&NWisconsin-Minn Light & Power

94—

95

Saginaw Val Tr 5s 1920_ F&A 97 100 Minn & St P Sub 53 '2411,1&S 190 1st & ref 5s 1944 op '19_ M&N 03% 96%

St Charles St—See N Or Ry & L Munn St & St Paul City— Worcester & Conn Eastern-

St Joseph Ry Lt Heat & Pow- Cons guar g53 1928 ..A&O 101X 102 1st s f g 4 qs 1943 J&J 94

1st g 5s Nov 1 1037____M&N 95 97 Underground Elec Ry of London Wore Con St 43s g 1920__M&S 98

St L Cable—See Un Rys (St L) 4%s Jan 1 1933 J&J 1st & ref g 4%s 1930...... F&A 95

St L Cable&W—See U Rys(StL) Incoine 6s Jan 1 1948 1 683-i Deb g 5s 1927 M&N 100

St L & Mer—See Un Rys (St L) Union Depot—See United Rys St. Lou is Wore & Clint 1st g 58 '19_J&J 100

St Louis Springf & Peoria RR- Union Elev—See Northw Elev Wore & Marib 1st 5s '17_A&0 100

1st & ref gu g 5s '39 opJ&D 90 94 Union Ry—See Third Ave Ry WorarSouthb 1st 43,5s '22 M&S 97%

St Louts & Spring? 5$ '33_ J & D 99 Union Ry Gas & Elec Co (I11)— i Wore & Web 1st g 55 1919_J&D 98

Spring & N E Tr 52 1936 J&D 99 Col tr g 5s 1939 cony op...i&J 88 I Yonkers lisy—See Third Ave RySt L & Sub—See Un Rys (St L) 5% gold notes 1916 opt_ M&S 100 I York Rys—lst M g 5811937 opJ& D 94 95

St L Tran—See Un Rys (St L) Union 'Trac Co of Indiana- Youngstown & Ohio River-

St Paul City—See Twin C R T 1st g 5s July 1919 J&J 93 95 1 1st M g 5$ 1935 opt '15_A&O 94 97%

Salt Lake Term 65 1935 J Ec D 102 Indianap North'n 5s 1932 J&J 76% 78% Youngstown & Southern Ry-

Sand Frem & So—See Lake ShEl Union Utilities 5s 1944 op_J&J 1st M s f g 5s Oct 1923_ A&O

San Fran Oak & San Jose Con— United Light & Rys- Youngs-Sharon Ry & L—See M ah & S

Con 5s May 19 1938_ _M&N19EIFOkSJRy 1st 5s '33_J&J

2d M g 5s 1933 s f J&J

37 4086706

1st & ref g 5s 1932 op__J&D6% gold notes 1918 opt_ _J&J6% gold notes 1920 opt_J&J

87100%100%

88102102

Zane3v Ry L&P—See Col NewSTREET RAILWAY STOCKS

Par.

& Zane svule

Santiago (Cuba) Elec L & Tr- United Power & Tran- Albany Southern RR corn_ _100

1st g Os 1959 opt '19 J&J 92 96 Del Co & Phi tr ctfs4s'49 J&J 62 66 Preferred 100

Sao Paulo Tram 14 & P, Ltd- United Rys tr ctfs 4s '49 .J&J 75 76 Allegheny Trac—See Phila Co

1st g 5s June 1 1929__ __J&D 87 90 United RRs of San Fran- Amer Cities Co corn 100 12 15

Savannah Elec Co 53 g '52_J&J 73X -- S f g 4s April 1 1927..... A&0 45 4534 Preferred 100 44% 451%

Schenectady Railway Co-- Market St con g 5s 1924_ M&S 693i American Railways Co 50 d 27 29

1st g 4s 1941 op 1911_M&S 99 101 Omnibus Cable 1st 63'18 A&O 94 Preferred 100 95 96

Schuylk Trac—lst 53 1943 A&O Unit Rys & Elec (Baltimore)- Arkansas Vol IV L & P pf___100 85 90

Scioto Vail Tr 1st 53 1923 M&S 96 1st consol g 4s 1949 ..M&S 83) Augusta-Aiken Ry & El _100

Scranton Ry—lst 53 Nov'32J&J 99 101 Cony & col 5% notes'16 J&J15 100 Preferred 100

Gen g 5s 1920 opt M&N 98 99 Incomes g 4s 1949 op '29 J&D I 61A 6134 Aurora Elgin & Chicago___100 14 18

Am Rys Tr ctfs—See Am Rye Inc funding g 55 1936__J&D 85 853 Preferred 100 44

Scran Trac 1st Os g '32_M&N 109 112% B C & Ell Mills 53g gd'16_J&J 100 Bangor Ry & El common .100 40 45

Scran & Carb Tr 1st 63 '23J&J 101 105 Balt Sparrows Pt & Ches- Preferred 100 114 116

Scran Ac Pittston Os '23_ _A&O 100 104 1st g gu 4%s 1953___P&A 97 Bay State St Ry 1st pref_ _100 110

Seattle Elec 1st g 5s '30 op F&A 99% 101 Balt Trac Co 1st M 59'29_ Mdr N 1033 Birm Ry Light & Power..._ 100 51 75

Con & refg s f 5$ 1929___F&A 93 95 No Bait Div 1st 5$ '42_J&D 104 Preferred 100 08 70

Seattle Ry 53 1921 opt_ _M&N 98 100 Cent Ry con M g 5s 1932_ M&N 104 Bleeck St & Ful Fy—SeeNYRys

Seattle-Everett Traction- Ext & imp 55 1932M&S 104 Boston Elevated RR 100 85 86

1st M g 5s 1939 op '14_ _M&S 92 94 City & Sub 1st 5$ 1922_J&D 102 1023 West End Street Ry com_50 d 65

Second Ave—See N Y Rys Lake Ro El 1st 5i '42 M&S 104 Preferred 8% 50 d 81 82%

Second Ave Trac—See Phila Co Unit Rys (Phila)—See Unit P & T Boston Suburban Elec Cos__ 41% 5

Sharon & New Castle Ry- United Rys of St Louis- Preferred 40

1st g 55 guar 1931 J&J 97 100 Gen g 4s July 1 193-L... ..J&J 04 Boston & Worcester Elec Cos_ 5

Shrevep Rys—lst 5s '18-'44J&J b 53i% Cass Av & F Gds 1st 5s 1912 Preferred 45

Sioux City Service Co— Ext at 4%% to 1922__J&J 06 98 Brazilian Tr L & P Ltd 100 -- 50

lat & ref s f g 5s '28 op___J&J 943-i 97 Lindell Ry 1st g 5s 1911 B'way & 7th Av—See N Y RysB

Sioux City Tr 1st 5s 1919 J&J exteu at 43 710 to '21_F&A 97 Brooklyn Rapid Transit..___100 86 86%

South Carolina Lt Pow & Ry- Compt HUD&M Per Os '13 Brooklyn City RR . 10 178 181

1st s f g 5s 1037 opt__ __M&N 85 90 Ext at 5% to 1023_ __J&J 993i Calif Ry Ar. Pow prior pref___100 85 90

South Coy & Clu—See an New & Coy St Louis R(B'way) 5s 1910 Calif St Cable RIt(San Fran)100

Sou B'vard—See Third Ave Ry ext at 4% to 1920.M.S:N 07N 08 Camden&Sub—See Pub Ser Con

South Elec Ry—See United Rys (St L) Southern E ec 5s 1916F&A 1005 Capital Trac (Wash, D C)._100 87 8834

Southern Light & Traction-- Union Dep con 63 g 1918_J&D 102 Carolina Pow & Light, com_100 28 33

Coll tr g 5s 1949 opt _ _ __M&S 89 93 St L & Sul) 1st 51 g 1921 F&A 99% io5.- Cent Arkan Ry&LCorp pref 100 95 99

Routh Ohio Tr—See Cin Day & Tol Gen g 5s Apr 1192:1 gu A&O 74 Cent Crosst—See N Y Rye

Southern Trac—See Phila Co St L& Nferam 6s g'16 _M&N 1003-. .

Cent Pk N&E 11.—See N Y Rys,

South Ferry—See N Y Rys StLouls Trans Co5sI924 A&O ---594 Char Con Ry Gas & Elec Co_50 d .

South .Ter G E Ar T—See Pub Ser Corp United Rys Investment Cu— Chic City & Conn corn part ctfsd 3%

South Sh & Bost—See Old Colon.v nt lien coil tr s f g 5$ '26 M&N 70% 801% Prof partic ctfs 'd 19

Chicago City Ry 100, 107%

• Assessment paid. a Purchaser also pays accrued dividend. d Price per share, not per cent. /This price includes accrued int. k Last sale

n Nominal. a Sale price. r Ex-dividend. y Ex-rights. Min.—Mint mum price on Montreal or Toronto Stock Exchanges.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

FEB., 1916] STREET RAILWAYS-MISCELLANEOUS SECURITIES. 43

Stocks. Par,

Chicago Elevated Rys corn Preferred

Chicago It panic ctfs ser L._Series 2 Series 3 Series 4

Chris & 10th Sts—See N Y RysCin Dayton & Tol Tr corn... 100Cincinnati & Hamilton 100

Preferred 100Cin New & Coy Lt & Trac__100

Preferred 100Cincinnati Street Ry 50Citizens' Pass—See Phila R TCitizens Trac—See Phila. CoCity Pass Ry—See Reading TrCity Ry (Dayton, Ohio) 100

Preferred 100Cleveland Ry 100Clev Painesv & Eastern. _.100,Cleve Southw & Col Ry. _.._100

Preferred 100Columbia (SC) Ry Gas & El 100

Preferred 100,Columbus Ry Pow Sr. L

corn__-- !

Preferred A ;Preferred B !

Com'Ith Pow Ry & L com__100,sPreferred 100x

Coney Island & Bklyn RR. ..100,Conn Ry & Lighting 1001

Preferred 100Cons Trac of N J—See Pub S CContin Pass—Sen Phila R TCumb'I'd Co (Me) P & Lt 100

Preferred 100Dallas Elec Co common__ 100

1st preferred 1002d preferred 100

Dayton & Western common_100Preferred 100

Denver & Northwestern Ry_100.Detroit United Ry 1001Duluth-Superior Trac Co 100,

Preferred 100.Duquesne Light—See Phila Co..Eastern Penn Rys corn 100East Read'g El—See R'd'g TracEast St Louis & Suburban. _100,

Preferred 100Eighth Ave—See N Y Rys IElmira W L&RItlst pf v t c_100El Paso Elec Co common_ 1001

Preferred 100,Fairm't Pk&Had—See Phila RT1Fairmount Park Transport'n 50 dFederal Light & Trac corn. .100

Preferred 100Ft Wayne & Nor Ind Trac. 10n

Preferred_ 100Galveston-Houston El Co. ....100

Preferred 100Georgia Ry & El Co strupd_100

Preferred 100Georgia Ry & Power corn. _.l00

First preferred 100Second preferred 100

Grand Rapids ity preferred_100Havana Elec Lt & Power. ...100

Preferred 100Holyoke Street Ry 100Houghton County Tr corn... 100

Preferred 100Illinois Traction common.. ..100

Preferred 100Indianan & Southeast Tr pf_100Indianapolis St Ry Co 100Indiana Rys & Lt common 100

Preferred 100Indiana Union

Traction_- _ ..100

Interboro Congo' Corp v t c_Preferred !MO

Interborough-Metropolitan Co-Common vol tr ctfs ext 100Preferred 100

International Trac (Buffalo) 100Preferred 100

Enter-State Rys preferred 10 d

Bid, Ask.

e Corp

Stocks. Par. Bid, Ask,

25 !Jalksonville Traction com__100 4070

-'"i51.2! Preferred 100 50

80 l Kansas City Ry & Lt corn 100 24 2517 17A Preferred 100 53 553 ; 4 Kentucky Securities Corp. 100 23 26

2 Preferred 100 75 78Lake Shore Elec common 100n 5

5 First preferred 100n 88 75 Second preferred 100 t i 20 100 Lancaster Co(Pa)Ry&Lt prof 50d 45 4781 83 Lehigh Valley Transit corn__ 504 19 19371 72A Preferred 50d x39 .39h100 103 Little Rock Ry & Elec 100 80

120 140

Preferred 100 73LritilsvIlle Traction Co 100 70

Preferred 100 101Manhat Elev Ry (N Y) 100 130

71X101X131

130 150108X, 1033

82 1 9052 I 51

Mass Electric Companies_ _100 Ci,Preferred, stamped 100 35

'Memphis Street Ry corn_ 100 Preferred 100 Mexico Tramway 100 Milw Elec lty & Lt pref____100 100

Monongahela Val Tr corn_ __100 60Preferred 100 7o

7 1 !

41

6389

99 I ! 10073 7562 ; 6385A 86A

Montreal Tramways corn. ...loo Montreal Tram & Pow Nashville fly & Light pref. ..100 72New Bedford 3c Onset Ity ___100 35

22940100

New Eng Inv 3: See pref gu_100 a 55A67 ! 61 New On l Rys & Light Co.... 100 20 3270 Preferred 109 574 65

New York Railways. 100 22 24, Bleecker Si & Fult'n F'y 100 16 25

45 50 Bway & 7th Ave guar 100 160 17094 97 Central Crosstown 7% —100 25 30 Christopher & Tenth Sts_ 100 110 13085 83 Eighth Ave 100 27560 63 42(1 St & Grand St Ferry 100 220 260 Ninth Ave guar 6% 100 125 160 Second Ave 100

34 33 Sixth Ave 100 110 12076% . 78 50

Twenty-third St guar_ _100 220N Y State Rys common____100 60

260

60 70 Preferred 100 78 80Norfolk Railway Lic Light 254 25 274 10 Northampton (Mass) St Ry_100 81 90Northern Ohio Tr & Light 100 67i 6311 17

49 51Preferred 100 93

North Texas Elec Co corn_ -100 7193U,

Preferred 100 87 83103 106 Ohio TractIon—Common__ -100 10 15131 133 Preferred 100 60 7095 Omaha & Council Bluffs....-100 45 50Preferred_ 100 68 72

Ottumwa(la)Ry & Lt pref —100 85 908 10 Paducah Tr & Light com___100 533 43 Preferred. 100 20 Pensacola Elise Co, corn... ...l00 5

Preferred 100 6563 1 70 Phila Co (Pittsburgh) sod 41 41 A87 ! 89 5 non-cum preferred__ 504 36 33125A 126% 6% cum preferred 50d 43A 41804 87 Allegheny Traction 50d 15 I 16 Citizens Traction sod 51 5578A 80 Duquesne Light pref 100 100 10324 ! 25 Federal St Sc Pleasant Val_ 25d 15 2160 1 65 Pittsburgh & B'ham Tr 50d 3593 I 94 United Traction preferred Sod 17103 : 105 Phila Rap Tran Vol Tr Ctrs_ 504 17 l'Ui100 . 105 Citizens' Passenger guar_ 50d 200 26550 Continen Pass fly ($29 pd) 50d a 120k85 90 Fairm t Pk & HaddIng'n_ 50d 60 62 61 Frankf'd & Southwark Pass 504 344 317

91 Germantown Passenger__ 50d 103 101 85 Green & Coates Sts ($15 pd)59 4 120( 12193 10245 53

Hestonville M & F coin_ 50d Preferred 504 58

a 433160100 103 Phila Cy Pass Ry ($23 3( Pd)50 4 146 150

Phil & Gray's Fy ($25 pd) 50d 75 78173 173i733 74

I

Philadelphia Traction__ __ 50d 7f*iRidge Ave Pass ($28 paid) 50d 2392d & 3d Sts Ely guar 50d 235

80240240173-i 13 13th & 15th Sts Pass Ry 50 d 235 240 ,8 80 Union Pass ($30 5-6 pd)._ 504 172 176 'a 3) Union Traction ($17 A pd)_50 d 41 4280% 90 West Phila Pass guar__ 50d 190 19593-i 10A

;PIttsb & Birm—See Phila Co

I Stocks. Par. Bid. Ask.

' Portland (Ore) fly Lt & Pow-New stock (75% paid)___ 100 17

Porto Rico itys Ltd Preferred

100 40100

Providence Securities Co-United Trac & Electric_ _100 93

Public Service Corp of N J__100 114Camden & Sub ($5 paid)__ 25 d 19Consolidated Trac of N J_100 71Elizabeth & Trent corn 50 40

Preferred Rapid Transit St Ry Co__1000 22732

2045100

971172072

So Jersey Gas Elec & Trac 100 127 129Puget Sound Tr Lt & Pow__100 23 25

Preferred Quebec Ry Lt Heat & Pow_ _1101 6139

7114 A

Railways Company General_ 10 d k 8%Reading Traction City Passenger Ry

50 d ,k 27Add 17105 ' 120

East It ading Electric Ry_ 5600Reading Transit & Lt, pref__50 a 85Republic Ry & Lt com____100 21A

Preferred Richmond Light & RR

100 63

Roch Ry & Light preferred 110000 8193Rutland fly Lt .Ic Pow St Jos Ry Lt Tit & PowPref. _10000 6157ASan Fr-Oak Term Rys pf A 100 iSavannah Electric Co

Preferred 100 7

25

First preferred Igg N 15Scioto Valley Trac corn

Preferred 100 95 99

85

902369 A20853070

So Jer Gas El & Tr—See Pu1b0101 c Se8r9vic,Southwest Missouri flit... ...l00 I'Spokane & In! Emp -Cap stk 100

Preferred ars__ ____100 Springfield (Mo.) Ry. & L. pref 95Tampa Elec Co__ _ . _ _ 100 145Tennessee Ry L & P corn.... ... .100 10

Preferred

Preferred

.10000 455

30Terre Haute Ind & East__ :

Terre Haute Tr & Lt pref__ _10009 10223 106Third Ave Ry (N Y). 60 60%Toledo Bowling Green & So. 100 Toledo Itys & Light Co 100 Toledo Trac. L & P corn. ..l00 19

Preferred.. Toronto Railway 12 1104Tr -City Ry & Light Co _ _ 100 50

Preferred 1923d Street—See N Y Railways

Twin City Rapid Transit___100 933-iPreferred

UnionStRy(New Bed,:\Iass) 1100{1) MIUnion Trac of Ind corn. _100 5

First preferred

1First preferred Second preferred 1.80 B5A

United Light & Itys corn 100 4

73Second preferred

United Railways of St Louis-23Common vot trust ctfs 100 5Preferred 100 19

United Rys & Elec(Balt) corn 50 d 27United Rys Investment Co_ 100 16%

United Trac & Elec—See Pr1o0v9 Sec3( Y1Preferred

Virginia Ry & Power com 100 47 50Preferred 100 103 102

Wash Bait & Annap common _50 4 k 5%Preferred 50 d 303,

Wash Ry & El comtnon____100 87 91Preferred 100 83 834

10014710A469

2054107

96

95

750144774

Wash-Virginia Ry, pref 100 Washington Water Power Co100 83Western Ohio RR ctfs 100 West Penn Rys preferred___ 100 75West Penn Traction pref.... 100 a 70 75West Penn Tr & Wat Pow...100 18Preferred 100 40 48

Winnipeg Electric Ry 100 135Wisconsin Edison common_ _100 40 43Wisconsin-Minn L & P, pf_1009g.,i NuYork (Pa Rys common____

504

Preferred 50 d 34 35

719A27A17(32

95

a Purchaser also pays accrued livIdend.. d Pece par 3‘11re, not p _tr cent. k Lit sale. n Nominal.stock. x Ex dividend. y Ex-rights. min. Minimum price on Montreal and Toronto stock exchanges.Sale pries. I Stamped stock.

MISCELLANEOUS SECURITIES

w New

Quotations marked "1" Indicate that a3orued interest is included in the price. Prices not marked are "and interest,"that is, purchaser has to pay accrued interest in addition to the price. This, however, does not apply to income bondsand bonds in default, In which oases the prim) takes account of the interest and no designating mark is employed.NOTICE.—All bond prices are now "and interest" except where marked "f" and income and defaulted bonds.

Bonds. Bid. Ask. Bonds. Bid. I Ask. 1 Bonds. Bid. Ask:70AL, IRON & STEEL BONkla Stool & Shiptildg—See TennBeech Creek C & C 53 '44_ _J&D3ethlehern Steel Corporation—t Beth St 1st ex g 55 26gii.J&JBeth St pur m Os Aug '93.Q-FBeth St 1st 1 jc ref 53'42_ M&N

Ion Air Coal 2d ser Os '28__J&J3uffalo Iron 5s 1925 A&O3uffalo&Susq Iron 53 1932J&DDeb g Its .1an '26 OD '10..._AticS

Nearfield Bit Coal 4s 1910_J&J;oI Fuel & Iron s f 5s 1943_ P&ACol Fuel gen g Os 1919 M&NGlr'd 11.1vC&C Os July'19.A&O

:olorado Industrial—1st g gu 5s ser A&B '34opF&A

:Ions Ind Coal 5s '3.5 gu opt.J.1cD:ionsol Coal 434s 1931 opt_ M&N1st & ref s f g 5s 1950___J&DCons- 6% g '23 op aft '16.F&A

iontInen Coal 51'52°1).06._ P&A)ornin Coal 5s '40 op '10_ _ M&N

DS.C I &

91

103%1191O2385809390709254100

7518915492104%

.1 2094

RR.95

103%1211023j9583

95

91

9131

76_____9334931054190

Dominion Iron & St 5s 1921..J3rJ Eastern Steel Ist5s'31op' LOP& AFairmont Coal 5s 1931____

—_J&J

Grand River Coal & CokeSeeRock Val Products 53'01 op.J&T1111nois Steel—Deb 4%s'40.A&OIndiana Steel 1st 53 1932... M lc NInland Steel 1st 69 1916-23. A&O

Ext&ref Os '42 op'16 serA.J&J Jeff & Clear C&E 1st 53 '26_J3cD

2d gold 5s 1926 J&D Indiana Co 1st s f 5s '50_ -Lir.)

Jones & Laughlin St 53'39_ MN Kanawha & Hocking C & C Co—1st g gu s t 53 '51 op '06_ _J&J

La Belle Iron Wks Os 1923_J&D1st & ref 53 1910_ J&D

Lackaw St 5s '23 op to '06 _ A&O1st 59 1950 op after 1915.% tcS6% gold notes 1917 M k.S

Latrobe-Connellsville C & C—1st s f g 6s 1931 opt J&D

8396X

Col Fue2392310154

b 53(%103541009392103

1 2010.59397549454iois

100

838597

l& Iron2792310135%

1043-f3

104

70

9393%955410134

'

Lehigh Coal & Nav—Gen Mg 4 •i'l May 1921__Q-F 102Funding 4s g July 1 1948 _J&J 96Col tr power 4 i.3 '21 op_J&D 99Coll tr g 4 .i'l 1930 op___M&N 10231Con s f g 43s 1954 J&J 102

Leh & W-Barre Coal—See Cent RR of'Nlaryland Steel 1st 5s 1922.P&A 100\fexican C & C 5s 1926 op M&S 1

\lotion Coal—See Chic Ind & L Ry p 35 NIonon Riv Con C&C 63'49 A&O 11354 National Tube 1st 53 1952 M&N 10034

NY&WIlkes-B Coal 6s '33.1\l&N n 25O'Gara Coal5s 55 op aft'08.M&S in 40Pennsylv C 3: C 1st 5s '32 opJ&J 96

Pennsylv Steel 1st 5s 1917.M&N 100Pa&Md Steel con g 63'25.M&S 10354Span-Ainer Iron Os 1927_J&J 10154

Pitts-Buff s! 54'29 op aft'12 F& A 85Pitts Coal deb 19 July 1931MS:S 93Pittsburgh-Westmoreland Coal-

1st s f g 53 1947 opt... __M& N n 65Pitts& WestrnC5s'25op.M&N n 90

Pitta (IITh 46 T. P. (Inca 1.0 ',11 T.Is 1 f is

10398101103102

NJ p10120

100

46981011041029099

759525

3434

Swains. Lute poet, includes accrued interest. k Last sale. n Nominal. aSale price.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

44 MISCELLANEOUS SECURITIES ivoL. 102.NOTICE.—All bond prices are now "and interest" except where marked

"I" and income and defaulted bonds.

Bonds. Bid. Ask. Bonds. Bid. Ask. Bonds.

Pleasant Vail Coal 5e 1928_J&J,Pocahontas Consol'd Collieries-

1st gold 5s 1957 opt J&JRepublic Ir & Steel 5,9 '40A&),Roch & Pitts C,1EI 5s 1946_M&N

1st a f g 4%s 1932 opt ___F&ARocky Mountain Fuel-

1st & ref 5s 1941 op '14_A&ORogers-Brown Iron-

1st & ref g 5s 1917-40 opt..I&JSloes Iron & Steel lst6s'20_F&A

Consol 4%s 1918 A&OSpan-Amer Iron—See PennsylvSteel Co of Can 6s 1940 J&JSun Cr Co col tr s f g 5s '44_J&JfTemple Coal s. f. 59 1924_J&JTenn C I & RR gen 5s 51__J&J,Blrm Div let cons Os '17_J&JTenn Div 1st 69 Jan '17_A&O!Ala Steel&Shipbdg 6s'30_J&J1Cahaba C M Co 1st 69'22 J&D

Union Steel Co 1st 55'52gu.J&DUnited States Steel Corp—Col tr f 5s Apr '51 op '11.VarCol tr s f 5sApr'51 not op.VarCol Sr 2d 55 Apr'63op'13M&N

Utah Co 6% notes 1017.... .A&OUtah Fuel—See Den & R G RRVandalla Coal 1st 6s '30 op_J&J Victor-Amer Fuel 1st 6s '40F&AVictor Fuel 1st s f g 59 1953_J&J Va Ir Coal & Coke 5s 1949_M&SWebsterC&C 1st g 59'42op_M&SWest Kentucky Coal 5s '35_J&JELECTRIC LIGHT, GASAND POWER BONDS.

Adirondack Elec Power Corp—let M gold 5s 1962 opt__ _J&J

Amer Gas cony fis 1917_ M&NCony coil tr g 5s 1920_ __J&DNon-cony coil tr g 55 '20_J&DDeb 6s 2016 J&J

Am Gasdr Elec coil 5s 2007.F&AAm Pow & Lt 6% notes'21.F&AAm Pub Mil 6% notes '18M&SAmer W W & El 5s 1934_ _A&OAppalachian Pow 5s 1941_J&DArizona Pow 6s '33 op '13_M&N8% notes 1919 J&J

Asheville (N C) Pow & Light-1st s 1 g 55 1942 opt_ ___A&O

Atlanta Gas Lt 5s g 1947_ _J&DAtlantic City (N J) Gas—

lst g 5s Jan 1 '60 opt' 20_,I&JBait Elec let g 59 '47 gu J&DBangor (Me) Power-

1st M 4-4%-5s 1931 opt M&S Bay Counties Pow 59 '30.. M&SBinghamton Gas 5s 1938__A&OBlackstone Val G&E 58 '39_J&JBoston El L 1st con 5s '24_M&SBridgeport Gas Lt 4s 1952_J&JBronx G&E 58'60 op aft'20_J&JBklyn Boro Gas 59 1945 op.. J&DBklynUnGasIst con5s g'45M&NIBuffalo City Gas g 55 1947_A&OfBuff Gen Elec let 5s 1939_ F&A

1st ref 5s April 1 1939_ _ _J&JBuff & Niag Falls El L & Pow-

1st g 58 1942 F&ABurl'ton (Vt) G L 5e 1955.. J&JButte El&P lstsf 59'16-'51 J&D,California Electric Generating-

1st s f g 5s '48 opt aft'12M&SICalifornia Gas & Elec Corp— 'Sink fund g 5s 1933 opt_M&SUnif&ref g 58 '37 op s f_M&NCal Cent Gas & El 5s'31_F&A,

Canadian L & P 5e'49 op'14 J&JI Canton (0) El 58'37 op '12M&NCent Ga Pow—See St & El, p40CentralIllsLIghtlst5s 1943_A&OCentMainePow 58'39op'19M&N,Cent N Y G & E— 55 '41.._J&JITracy Devel. 6s 1944_ A&O'

Cent States El 5%gnotes'22J&DCicero Gas—See :Northwest GasGin Edison Elec-5s 1917J &DCincinnati Gas Transportation-

1st 5e 1933 guar op '13__J&JDouble guarantee

Cities Service—Cony 7% notes May15'18J&JCony deb 5sJanl '66SerA Var

Citizens' Gas (Indlanapolis)-1st & ref g 5s 1942 J&J

Citizens L,II&P(Johnstown,Pa)let g 5s 1934 opt 1914_ _M&N

City Elec San Fran 5e 1937_J&JClev El III let 5s '39 op'24_A&OCoastCos L&P 1st 5s'46op F&AColoradoPower-lst 5s 1953M&NColumbia G & E 1st 59 '27_J&JDeb. 5s 1927 J&J

Columbus (0) Elec Os '22_M&NColumbus(0)Gas 1st 5s g'32J&JColumb(0)LII&P Os '21 gu F&AColumbus (Ga) Pow 58'36_A&0Commonwealth-Edison

g 5e June 1 1943____M&SCom'wealth El 5s J'ne '43_M&S,Commonwealth Power (1‘11ch)--I

let g 5e Dec 1 1924 J&DConnecticut Power 5s '63_A&OConn Riv Pow 1st 55 1937_J&DConsol Gas of Bait 5s 1939_J&JGen g 4%e Apr 1954 A&O

Consol Gas Elec L & P (Balt)—Gen g 41.4e Feb 14 1935 J&J

Consol Gas NJ 55g 1936 J&J1st ref 59 196.5 Adr0

Consolidated Gas (N Y)—Cony deb 69 1920.Q-F1

t Underlying cos—See NYGEIConsol Gas (Pitts) 5e 1948_ F&AConsol Ltg Co(Vt) 1st 5s'26 J&JCons= L H & P Co (Ellz, N J)

5s 1938 J&DConsumers' Power Co (Mich)—

let & ref g 59 1936 op '16-11.1ri

84

893973/i10092

713.4

8710197

Steel9015

1003% 10331017101 Ys105

105

112%112%104%101p. 35.

70

889277

961001159810092989968728098

93%103

7499Y4

102973-i98102949793105%24101100

9692993-i

82

102973% 101%

96

939395%

923-4Light &

99

0195%

100

95

988810192917714'591079510088

102%;102%1

999593%106%933-i

89%10195%

1233H & P.

3395

100

9614

891498

73

90103

92

10234

116 106 1

114'11l41051013.4

973-49075899684

99101939914100717585100

96

76100

10010110496100

-- 26%

101

95101

87

98

6098

969614

10293

Coke

94100

1013-4

97

88341023493923480651099810192

1023410234

101979710734

8934

97

12334

4397

90

Consumers' Power (Minn)-1st & ref 55 1929 op '14_M&N6% notes May 1917___M&N

Continental Gas & Electric-1st lien coil tr 5s 1927_ M&N

Cumberland Co Pow & L—See SDallas Gas 1st g 55 1925 opM&NDayton Ltg 1st 5s '37 op'12M&SDay El L 1st 5s'21op'06 M&S

Dayton(0)Gas 55 '30 op'15M&SDayton Pow & L 1st 5s '41_J&D

Defiance (0) G&E 59 1942M&SDeny Gas & El 1st g 59'49 M&N

Coll tr gu 6% notes 1917 A&O Detroit C Gas 5% g M '23_ _J&J

Prior lien 59 1923 J&J Gen g 59 1916 to 1917 op J&J

Det Gas con let g 55 '18_ F&ADet & Sub Gas 1st 55 '28J&Detroit Edison 1st g 5s '33_J&J

Cony deb 69 1924 F&ACony deb 6s 1925_-__J&J '151st & ref 5s July 1 '40 M&S

Duluth Ed El 1st 55 '31 op_M&SEast Pa Pow 55 '39 op'14_A&OEastern P & L 5s 1918 M&SEast Ohio Gas 1st .5s 1939__J&JEast Pa G & El 1st 5s '42_J&DEast St Louts (Ills) Lt & Pow-

1st 5s 1940 J&DEconomy Lt & Pow (Joliet, Ill)_

1st Msfg 5s 1956 J&DEdison Elec Co (Lancaster)-

Refund 5s 1943 F&AEdison Elec Co of Los Angeles-

1st & ref g 59 1922 op'07 M&SEdison Elec Lf ctfs g 5s'46_A&O

Edison Lt & Pow (S F) 69'21Q-F Electrical Securities Corp— Coll tr g s f 5s 1935 opt__F&A

Empire Dist El 1st 5s'490pM&NEmpire Gas & Elec and EmpireCoke it lst&ref 59'41 op M&S

Enld(Ok)El&G lst6s'200p M&NEquit Gas(Memphis)—SeeMemEquit G & E Utica 5s 1942 A&OEquit III Gas, Piffle, 5s g'28 J&JErie Ltg 5s 1912 op '17_ _ __A&OEvansv G&E L 5s'32op'12 J&D Excelsior Springs Wat, Gas & El

1st M 6s 1932 op J&D Ft Worth Pow & L 5s '31_F& A

Gas&E1 of Bergen Co 5s'49 J&DGen 5s Nov 1 1954 M&N

General Elec 314s 1942 op.. F&ADeb g 58 1952 op M&S

General G & El 1st 5s '32 J&J Gr Rap Edison 5s g 1916_M&N

Grand Rap G L 59 1939_ _F&AGt Falls Pow let 5s '40 op M&NGreat West Pow 5s 1946 op_J&JCony deb Os 1925 M&N

Harrisburg (Pa) Light & Power- 1st & ref g 5s 1952 opt.. .F&A

Harwood El 5s '39 op'14___J&J1st d: ref s f g 69 '42 op_M&S

HoughtonCo(Mich) El Light-1st g .5s Jan 1 1927 opt.. ._J&J

Houston L & Pow 5s 1931 A&O Hudson Co Gas 5s g 1919_M&N

Hud Riv G&E1 1st 55 '29_M&N Illinois Northern Utilities Co-

1st & ref g 59 1957 opt.. _A&0Indiana Ltg 4s 1958 op..___F&AInd & Mich El 59 1957 opt_ F&AIndiana Nat Gas & 0—See PeopIndianapolis Gas 5s 1952.. A&OIndianap L & It 5s 1949... A&0Interstate Elec Corp 6s 1933 M&SJackson(Nlich)Gas 5s g '37 A&OJacksonv(Fla)Gas s f 5s '42 J&D Kankakee(Ill)G&E 5s '30_M&SKans Clty(Mo)Gas 59 '22_A&0 Kansas G&E 1st 59 '22 op_ M&SKansas Natural Gas 6s '16M&N2d M (is 1918 J&J

Kings Co E L & P 1st 55 '37A&O Porch money Os g 1997_A&O

Cony deb 65 1922 M&SCony deb 69 1925 M&SEdison El I11 Bklyn 4s'39 J&J

Kings Co GasdrIll 1st 5s '40A&OKnoxy Gas 1st 5s'33 op'13 A&O

Laclede Gas g 5s May 101.9_Q-FRef & ext g 5s 1934 A&O

Lacomb El Co 1st M 5s'21 M&NLansing Fuel & Gas 5s '21_ A&O

Lincoln G & E L 1st 5s 1941 J&DLittle Rock G & F 6s '37__M&NLos Angeles Gas & El Corp-

1st & ref g 5s 1939 opt__M&SLos Ang G dr. E 5s '34____J&JLos Ang Ltg 5s Apr11'24 A&O

Louisville Gas & Electric-1st & ref g 69'18 op '14___J&J6% notes Apr 1918____A&0

Louisville Ltg 5s '53 stpd_A&OUnstamped

Luzern° Co (Pa) Gas & Elec-1st ref&imp g 59'48op'13 A&O

Lykens Val L & P 6s 1915_ M&SMadlson(Wis)G&E g 6s'26 A&OMadRivPowlst5s'35gu op_ F&AMfrs Light & Heat (Pittsb)-Mort & coll tr g 6s '16-'20A&O

Mass Cos coil tr 59 1937___J&DMassachusetts Gas 4143'29_J&JDeb g 4%s Dec 1931_ __ _J&J

Memphis Cons Gas & Elec— Equit Gas 1st 591929_ _M&N

Memph L & P ref 59 '31_ J&J Merch Ht & Lt (Indianapolis)-Ref g 5s Oct 1 1922 optA&O

Mexican El L 1st M g 59 '35 J&JMex Lt & Pow 1st 59'33 sf F&AMich City G&E 5s '37 op'10J&JMichigan Nor Pow 1st 5s'41.1da

Middle West U 6% notes'16J&DColl Os Jan 1 1925 A&O

Milwaukee L 1st 49 '27_ M&N

102100

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91943.4999634 8890

1003.4983%

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96993496

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Minneapolis Gas Light-, 1st gen 55 Feb '30 op '14 M&SMinn Gen El 1st 5s '34 op_ _J& D6% notes June 1917J&D

Mississippi Riv Pow 5s '51_J&JMississippi Valley Gas & Elec—

Coll tr 5s May 1922 opt_M&NMissouri Edison El 5s '27_F&AMo El Lt 6s May 1921_ _Q-M

Mobile Elec 59 '46 op '10_M&NMonongahela L&P 5s '49 J&DMontana Power-

1st &refs f 5s 1943op'18_J&JMontgom (Ala) L \Vat dc Pow-

1st cons g 5s 1943 opt_ _J&JMontreal Lt, Ht & Power Co—

lst&col tr g 434s'32 op'12 J&J Gold 59 1933 op 1913_ A&O

'uncle El L 1st 5s'32 op '12J&Jfunicipal Gas & Elec, Roch-1st Mg 414s 1942 op '2_A&O

Municipal Service Co--S f col tr g 59Mar'32op'15M&S

Muskogee(Okla) Gas & Elec- 1st & ref 5s 1926 op '09.. J&D

Nassau Lt & Pow 1st 59 '27 A&ONational Light, Heat & Power-

Coll trust 55 1919 Ser B.. .J&JColl trust 59 1920 Ser C__J&DCent Ind Ltg 5s 1027...... M&NCityG&E(Paris,I11)59'35A&OJerseyyllle Ill 5s, l935.._ F&A

Nevada-Cal Pow Os 1927_A&ONewark Gas 69 Apr 1 1944_Q-JNewark Cons Gas con 59 '48J& DNew London G&E 5s '27__A&02d M 5s 1929 A&O

Congo' & refg 5s 1933.... J&JNew Milford Pow 1st 5s '32 F&A

N Y Gas Elec L H & P Co-let g 5s Dec 1 1948 J&DPur mon col tr 4s 1949_ _ F&AEd El Ill, N Y, con g 59'95J&JCentral Un Gas 5s g 1927J&JEquitable Gas 55 1032.... _M&SNew Amster Gas 5s 1948..J&JNY&ER Gas 1st g 58 '44_J&JCon 5s 1945 J&J

NY&Westch Ltg 4s 2004_J&JDeb g 5s 1954 op guar_J&J

North Un Gas 5s 1927 M&NStandard G L 5s 1930_ _M&N

N Y & Queens Elec Lt & Pow- 1st cons g 5s Aug 1 1930_F&A

NY&QueensGas 1st 59 '34 F&AN Y & Rich Gas 5s 1921__M&NN Y & Suburban Gas—See WestNiagara Falls Pow 55 1932_J&JRefg & gen Cs Jan 1932_A&0

Niagara L II & P 1st 59 '22 M&NCons & refg g 5s '25 opt_M&N

Niagara Lockport & Ont Pow-1st s f g Sc '54 tax-exempM&N

North Carolina Elec Power--lets f g 5s Oct '40 op '16 A&O

Northern Canada Power-1st 6s Jan 1928 J&J

North Cal Pow 59 1032.... J&D

R & cons s f 5s '48 op '15 J&D

Northern Mississippi Riv Pow-

1st M 59, 1938, guar___J&D

Northern States Power Co-Coll lien6%notesgu'l7opJ&D

North Idaho & Montana Pow-1st s f g 6s 1949 op '14___F&A

North Ont L & P6s Apr '31_J&JNor Westch Ltg 5s 1955.... ..J&DNorth Hudson Lt, H & P Co(Hoboken, N J) 5s 1938_A&O

North Shore Electric Co-1st g 5s 1922 op 1912___A&O

1st & ref g 55 '40 op '20_ A&ONorth Shore Gas Co of Illinois-

1st g 5s 1937 opt F&A

Northwest Gas L&Coke (Chic)Cons g 5s Dec 1 1928___Q-M5% gold notes 1917 opt_NI&SCicero Gas gen&ref 55 '32 J&J

Norwich(Ct)Gas&E g 59'27 J&J

Ogden Gas 55 1945 M&N

Oklahoma Gas dr Electric-

1st Mg 59 '29 op aft '14_A&OOklahomaNat Gas Ser 69.._ M&S

Old Colony Gas 1st 5s 1931 J&DOmaha EL&P 5s '33 op '08_J&JOmaha Gas let con g 55 '17 F&AOntario Pow 5s '43 op to '13F&ADeb g Os 1921 opt 1910_ _J&J

Ontario Transmission Co, Ltd—let gu g 5s '45 op bef'16..M&N

Oro Elec Corp 1st Os '51 op A&OOttawa Elec 1st g 59 1933_ _J&D

Pacific Coast Power—let M g 5s 1910 op 1915_M&S

Pacific Gas & El ref 59 '42_J&JPacific Gas Imp 4s Sept '30 Q-Pacific Light & Power Corp--

1st & ref e f g 5s 1951 op_M&SPac L & P Co let 5s '42.. J&J

Guaranteed Pacific Pow & L 1st 5s '30_F&A

Paterson & Passaic Gas & Elec

Consol g 5s 1949__ ___ M&SGas 45 1932_ _WIEN

Wat & Pow s f 55 '40_J&JPennsylvania Ltg 5s 1910J&JPeople's G L & Coke, Chicago-

let con g 6s 1943_A&ORefunding gold 55 1947_M&SChic G L & C let 5s '37J&J

Consum Gas 1st g 59'36 J&DInd Nat G&O g 59 '36gu M&NMutual Fuel Gas g 55'47 M&N

Peoria Light—Coll trg 5s'36 J&JPeoria G&E 5s '23 op '08_J&J

Phila. Co—See under St & ElecRPhila Elec Tr ctfs 45 Oct '49 J&J

5e g tr &fa April 1 1918_A&OPhiladelphia Suburban Gas & El

1st M & ref g 5s'60 op'15.F&A

Bid. Ask.

98%101101%80

81100

9095

9V-1

91949731

90

89

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658575100120104100989609%

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97% 9814

a Sale price. Min.—Minimum price on Montreal or Toronto

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

FEB., 1916.] MISCELLANEOUS SECURITIES.NOTICE.-All bond prices are now "and interest" except where marked "f" and Income and defaulted bonds.

15

Bonds. Bid. Ask. Bonds.

Portland (Me) El 55 '26 optF&APortland (Ore) Gas & Coke-

1st & ref g 5s '40 opt '20_J&JPortland Gas 1st 53 1951 F&A

Portl(Ore)GenElec-See St & ElPotomac El Pow 55 '29 op_J&DCons M g 55 1936 guar_J&J

Prescott G & El 1st 6s '40_ _J&JPublic Service Co of Nor-Ill-

1st dr ref g 55 1956 op'21_A&O6% notes 1916 J&J

Queens Borough (NY) Gas & ElGen M gold 55 1952 J&J

Quincy (II1) Gas Elec & Heat-1st cons g 5s 1935 op '10_ M&SQuincy G & E 55 1929_ _M&S

Roch G&E 2d 4%8'20op'10M&SRockford (Ill) Electric Co-

1st & ref s f 58 '39 op"14 M&SRumford Falls Pow 4s Octl 1945 Saginaw City Gas 58 1916_M&NSt Clair County (Ill) Gas & El-

1st cons guar 58 1959_ __M&SSt Joseph Gas-lst 5s 1937_J&JSt P Gas L con ex 68 1918__J&JGen gold 55 1944 M&S

St Petersb (Fla) Ltg 68'45_J&DSalmonItivPow gu 5s'52 opF&ASan Diego Consol Gas & Elec-

Ist g 58 1939 opt 1914_ _M&SDeb 68 1922 J&D

San Fran G&E 4%s 1933_M&NNot callable

San Joaquin Lt & Pow Corp-lst&ref g 6s '50 Ser A op_ F&ASan Joaquin Light & Power-

1st 55 1945 op aft 10.. J&DSayre (N Y) Elec 5s 1947_ _A&OScranton Elec 55 '37 opt '12.J&JSeattle Ltg 1st 5s'44 op 10_M&S Ref g 58 1949 opt 1914__A&O

Sierra & San Francisco Power-1st g 5s 1949 opt F&A

Somerset Un Sr Middlesex Ltg-Mtge g 45 Dec 1 1943_ J&D

So Bend & Mishawaka Gas-Cons g 58 1926 opt 1908__J&J

Southern California Edison-Gen g 55 Nov 1939 opt.. J&JConvdeb 6sMar15,'20 M&S15

Southern Counties Gas of Col-let sf 6s 1941 op 1916 _A&O

Southern Ills Light & Power-1st M 65 1931 op J&J

Southern Pow 55 1930 opt_M&SSouthern Sierras Power-

1st s f g gu Gs Sep'36op'18 J&JSouthern Wisconsin Power-

1st s f g 58 1938 opt A&O Southwestern Gas & Electric-

1st & ref s f 5s 1932 opt_ _F&A Springfield (0) Lt Ht. & Power-

1st s f g 5s 1929 op 1914_ F&AGen & ref 55 1933 A&O

Standard Gas & Elec of Delaw-Cony s f g 68 1926 opt J&D6% gold notes 1935_ __ A&O

-Suburban Gas Co of Phila-1st s f g 5sApr 1'52op'07_A&O

Superior Water Light & Pow-1st 4s May 1931 M&N

Syracuse Gas g 55 1946.... J&JSyrac L & P coll tr 5s '54_ _J&JS_yracuse Light g 5s g 1951_ J&DTacoma Gas ref g 5s 1926_J&DTampa Gas 55 1937 opt M&NTenn Pow gu 5s 1962 opt_M&NTexarkana G & E 5s '30_ J&JTexas Power & Light-

1st g 5s 1937 op 1917 J&DTol 0E & H con 1st g5s'35 A&OTopeka Edison 59 Sept '30_J&JTrenton G & El g 5s 1949 M&STroy Gas 2d 6s 1923 F&AConsol 58 1939 M&N

Tulsa (Okla) Corp 5s 1932_ M&NUnion El Lt & Pow Co of St L-

1st g 58 Sept 1 1932 M&SRef&ext 59'33 op aft'18_M&N

Union Light Heat & Pow(Cin)-1st 48 May 1 '18 opt'OELM&N

United Elec Lt & Power, Bait-_ _M&N1st cons g 43-43

1929-Unit Elec Co of 'J J 48 '49_J&DUnited Electric Securities Co-Coll tr g 58 1933 to 1941_F&A

UnG&ECori)6%notes'18 _ _ A&OUnited G & E of NJ lst 55'22_ J&JUnited Gas & El(SF) 53'32_J&JUnited G& FOs'18op'14_111&N United Ilium Co New Haven-

1st 48 Feb 1 1940 F&AU S Public Serv 6s 1918_ A&OUnited Util 1st 6s '43 op '18 J&JUtah Gas&Cokelst5s'36 opt.i&JUtah Lt & P cons g 48 '30_J&JUtah P & L 1st 58 1944_ F&AUtah Securities Corp-6% notes Sept 15 1922_ 111&.S

Utica El L & P 1st 5s 1950_ J&JUtica Gas&El ref&ext 5s '57 J&JValley CountiesPow 5s'30_M&NVentura CoPow 1st 68'36_M&NVermont Pow & Ltg 5s '27_M&SVirginia Power 1st 58 1942-T&DWasten (DC) Gas 5s 1960.M&NWestchester Lt 1st g 5s '50_J&DN Y Sub Gas-lst g58'49M&S Westerly L & P 5s 1937_ __J&D

Western Light & Power-1st s f 5s 1925 M&N

Western Pow 6% notes`17 M&SWestern States Gas & Electric-1st & ref 5s 1941 opt____J&D6% notes Oct 1917_ _ A&OWestern United Gas &El-lst&ref 35 g 1917 to '50 F&A Westinghouse Elec & Man-?l% notes Oct 1 1917_ _A&O_A&OCony 5s 1931 J&J

98

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Wheeling (W Va) Elec Co-1st M 55 1941 opt M&N

Wilkes-BarreG&E 58'55opt.J&J Williamspt Gas-lst g5s'39F&A

Wilmington (Del) Gas Co-1st & ref s f g 55 1949 op_M&S

Wisconsin Gas & Electric-1st g 55 1952 opt 1919 _J&DTELEG. & TELEP. BONDS.American Teleph & Teleg Co-

Coll tr g 4s 1929 _J&JCony g 4s '36 cony af'09.M&SConv430'33op aft 1925.M&S434% notes 1918 Sub Cos 5% notes 1916

BellTelp Canada Deb 5s'25A&OCentral District Telephone-

1st s f g 5s 1943 op '18_ _J&DChes & Pot Tel 5s '29 op'09.J&J

Ches & Pot Tel of Va 5s '43 M&NChicago Telep 5s '23 op '13.J&DCom'cial Cable-4s g 2397_Q-JCurnb'land Tel&Tel 5s '18_J&JDeb 55 Feb 1 1920 F&A

1st & gen 58 1937 J&J,Cuyahoga Telep 5s 1919_ J&JHome Telep & Teleg (Los An-

geles Cal) 1st 5s 1933_J&J1st refg 5s 1945 J&J

Kan C Home Tele() 55 1923 J&JK C Long Dis Tel 5s 1925 J&JKey. Tel 1st g 5s 35 o1)'08_J&JKinloch Lg Dist Tel 5s '29 J&J,KInloch Telephone Os 1928.F&A

1Loulsv Home Telep 5s '22 _J&JMet Telep & Teleg 5s 1918.M&N

Mich State Telep-5s 1924.FAzANew Eng Tel&11e1-5s '16_ A&ODeb 58 1919 Atspj

48 Jan 1930 55 gold Oct 1 1932 A&O

NY & NJ Telep 5s g 1920.M&NN Y & Pa Telep & Teleg Co-

lst gold 58 Feb 1 1926._ _ F&A Gen S Fd g 4s Nov '29 M&N

NY Tel Ist 4%8'39 tax ex.M&NPacific Teleph & Telegraph-

lst&col tr St g 58'37 op'22.J&JRochester Telep 1st g 5s '20.J&JGen 5s 1933 A&O

Southern Bell Telep & Teleg-1st s f g 5s 1941 op '16_ __J&J

South N E Telep 1st 5s '48.J&DToledo Home Telep 55 1922.J&JTwin City Telep 55 '17&'26.J&J bS Teleph 5s 1919

Western T&T Col tr g 5s'32.JTJWest Un Teleg Coll tr 5s '38 _ J&J

Fdg & R E M 4343 g '50.M&NMutUn6s ext at 5%to'41M&NNorthw'n gu g 434s 1934_J&J

WATER BONDS. Blue Lakes Water 1st 6s'38.M&S

Con Wat of Utica-lst 58 '30.J&JDeb 5s Jan 1 '30 op 1911_J&J

Denver Union Water 5s '14.J&JSoPlatteCanal&Res5s'23.J&J

Hackensack Wat 45'52op'12J&JIndianap Wat-5s '26 op'11.J&J

1st & ref g 434s 1940 op_ _J&JLong Br \Vat Sup 57%s'18.M&S

Louisville Wat Co 4s 1946 _J&J4s 1950 F&A

Man'frs \Vat (Pa) 5s 1939_ J&DNashville Water 4s 1928_ J&JPeople's Water, Oakland, Cal-Gold 55 Jan 2 1037...... J&J_J&J

Portland (Me) Water 4s '27F&ARacine (Wis) Water 55 '31.1\I&NSan Antonio Water Supply-

1st & ref s f 58 '33 op'13.F&ASou Yuba Wat-Con Os '23.J&JSpringBekWater-5s g'26.A&0Spring Val Wat ref g 4s '23_J&DTacoma Wat Sup 1st 58 '25.J&J MISCELLANEOUS BONDS.Acme White Lead & Color Wks-

1st 6s July 1916 to '28 op_J&JAdams Exp col tr g 48 '48_M&SCol tr g 4s 1947

Advance-Rumely deb 6s '25-hri 1Aetna Explosives 6s Jan '45_04AlaskaGold I inesdeb 6s'25M&SAmerican Agricultural Chem-1st g 55 1928 s t cony__ .A&OCony g deb 58 1924 F&AAmerican Can-

fr deobt g 58 1928 opt._ . F&A AmSe C g 5s 1931 optM&NAmer Graphophone Os '30_J&D

AmIlide&LeathIst g 68'19.111&S Am Ice Sec-Deb g 68 '25.A&OAmerican Ice Co-R E 1st ticgen a f 6s '42 opt '13_ _F&AAmer-La France Fire Engine-1st M q f Os 1924 A&OAmer Locom 5% notes 1916J&J5% notes 1917 J&JAm Malt Gs '14 ext to '17_ _J&ApjAmer Pipe Sr Constr Securities-Coll tr g Os 1922 opt F&A Am Pipe Sr Fdy 6s 1928___J&JAm Sew Pipe--lst s f Os '20M&SAmer Smelters Securities-Cony f deb g Gs 1926_ _ F&AAmer Spirits Mfg g Os 1920M&S

Amer Steel Found's 68 '35.A&0 Deb 4s 1923 F&AAmerThread col tr 48g 1919.J&JAmer Tobacco 6s g 1944A&O48 g Aug 11051 F&A

American Type Founders-Deb gold 6s 1939

M&NAmerican Writing Paper-1st g 5s '19 op aftJuly'09.J&J

Anaconda Cop 5% notes'17.M&S Armour Sr Co.-Iteal est 1st g

434s 1939 op J&DAssociated Oil Co-5s 1922F&AAstoria(NY)Veneer MillsS:D-

1st s f g Os 1941 opt J&J

Bid. I Ask.

941013.99

97

94%

92%101%1063/i100%100%973

1021033-95102

10098%10097

90859148895%937%105%927%1007%100100180,0

1021017%

827%997%

1007%97

1007%1110936%

99944U

1017%957%98927%

104998783818498%87

101%101%101Basis

9880

8810410195

9585

888280

102%9834

99%96498%103%87

1007%

10034100%100

9910088

1107%977%100863-4987%118

97707%1004

9441017%

05

Bonds. Bid. Ask.

All Gulf & W Indies SS Lines-967% Col tr g 58 Jan 1 1959____J&J 76 76341027% Atlas Port Cement 1st 6s'25M&S 100 102103 I Baldwin Locomotive Works-1st s f 58 1940 op aft '15 M&N 1064973-4 Barney & Smith Car 5s 1936J&J 75 80Berg & Engle Brew 6s 1924 .J&J 97 Booth Fisheries s f Os 1926_ A&O 8434Boston Term Co-33.4s '47 F&A

Brooklyn Ferry Co-927% Con 58 '48 ctfs dep stpd_F&A f 7% 17%___ Burns(P)&Co 68'24op af'14A&O 101i06% 1st & ref s f 63 1931 J&J 1001007% Bush Term 1st cony g 48'52A&O 86 877%1007% Cons g 53 Jan 1 1955 J&J 877% 89 Bush Terminal Buildings Co-

1st s f gold guar 55 1960_ A&O 89 90 California Wine Association-106 Cony g5sSep10'25 op 5 f M&S 974 98497 Canada Cein't 1st 138'29 op A&O 93 941027% Canadian Car & Fdy Co, Ltd-80 1st s f g 6s 1939 J&D 100101 Canadian Cottons 5s 1940 J&J2 78 80100 Canadian Cons Rubber, Ltd- Gold 6s 1946 opt 1911__A&O 90 91974 Case (J I) Threshing Machine-

1st M 6s 1916-1926 op__J&D 1017% 1027%91 Cent Hud St'boat-5s '19 M&N 97 100 5s April 1933 A&O p534 977%- _ l925_ A&O Leather 5s 1925A&O 1017% 10289% Champion Lumber 6s'16-28A&O 95 Ches&Del Can 1st 58(48)'16 J&J 60 65 Chic Bd of Trade 4s, 1927_J&D 106 Chic Jct coil tr ref g 451940 A&O 857% 863493 Coll tr ref 5s 1940 A&O 1004 1003,41st r e imp 55 1928 M&S 103101 Chic Pneu Tool 58 Dec 31'2IJ&J Chili Copper cony 7s 1923_ MS: N 131 133 Cleve & Sandusky Brewing- 1st a f g 68 Joe 1 '48 op__J&J 524 54 Clyde SS 1st 58 1931 opt.. _ F&A 91 94 Computing-Tabulating-Rec Co-

Sink fund gold Os 1941_ __J&J 827% 827% Congress Hotel Co (Chicago)- 1st M 5s 1917-1941 J&J Basis 534%994 Cons Tobac coil tr 4s '51_ _F&A 9834Corn Prod Ref s f 5s '31___M&N 993-4 1003-41007% 1st g 5s 1934 s f M&N 967% 98100 Cramp(Wm)SonsShip&En Bldg „ 1st M g 5s 1929 opt_ M&S 100I:Cuban-Am Sug coil 6s'18opA&0 1024 1027%1004,1Davies (Wm) Co 1st Os '26_J&J 9934 101 Distillers' Securities Corp-

Col tr cv g 5s '27 op '08._A&O 70 707% Dunlop Tire & Rub Goods, Ltd-954 1st s f g 68 1927 opt M&S 100100 du Pont (E I) de Nem Powd-102 Gold 434s June 1 1038.. J&D 1057% 10796 Eagle&Phenix Mfg 5s 1926_ J&J 85 95

" Eastern SS 1st 5s 1927 op_M&N 916:i3i Erie & Western Transporta'n-

1st M g 4s '25 op '10 gu__ Jda 967% 9731106 Federal Sugar Refining-102 5% notes May 1917 op_ M&N 99 __ --92 Fort St UnDepDet 47%s '41 J&J 80 858434 ,General Baking 1st Os 1936 J&D 8582341Gen Petroleum s f 6s 1931 M&N I 30 4085 General Rubber 5s 1918___J&D 100% 1003-4997% Girard Pt Storage 334s '40A&0 90 GortionIronsides&Fares Co,Ltd,

1st s f g Gs 1927 opt J&J 100 Gottlieb-Bauerschmidt-Straus Brew Co-1st 45 1951_ M&S 217% 102 2d Income 5s Sep 1951_M&N f 434% Granby Con Min Smelt & Pow-1st cony 6s 1928 ser A....M&N 1005% 108Stamped 1067% 10799 Gt North'n Paper g 58 1927_J&J 85 Hall Signal Os '16-'20 A&O 96 99

Havana Tobacco-5s 1922 J&D f 50 5592 Hawaiian Com&Sug 5s '19 A&O 105 Hecker-Jones-Jewell Os '22 llidES 1007% 102103 Hoboken Land dr Impt Co-957% 1st M g 58 Nov 1930 _ M&N 100 Roster-Columbus Co Os 1940__ 50 65Hudson Nay g 68 1938 op_ F&A 75 80

Huebner-Toledo Brew Os '30J&J 50 53100 Huntington Land & Impt-854 Coll tr g gu 6s 1916-1927 J&D 997% 100%84 Independent Brewing 68'55 J&J 577%91 Ingersoll-Rand-lst g 5s Dec 31100 1935 opt Dec 31 1910____Jda 103114 Inspiration Cons Copper-

1st cony Os 1922 opt__ __M&S 174 1851027% Cony deb 6s 1919 J&J 184 Internat Agricul Corp-

Ist&coll tr s f g 55'32op M&N 773-4 79100 International Harvester-963% 5% notes Feb 15 1918 __F&A 1014 10299 International Merc Marine-

1033.4 Coll tr deb 47%8'22 op '07A&O 101 10288 N Y Tr Co ctfs of dep 1023-4 lot Navigo'n 58 '29 op '09_ F&A 9934 1017% Internat'l Paper-Os 1918_ F&A 102 1024

Con cony g s f 58 '35op'09 J&J 82 84 Internat Salt g 5s 51 op ___A&O f 72 75101 A Internat Silver 1st Os 48 _J&J) 1087% 1093,41014 Deb Gs 1933 J&J 101 International Steam Pump-

1st lien s f g 58 '29 op_ __M&S 78102 Guar Tr Co ctfs of dep____ 78 793% Kan City Brew Os 1930.. M&N 37 4094 Knickerb Ice 1st 5s '41 opt_J&J 80 83

Lake Superior Corp Inc 5824 Oct n 27 28111% 1st & coll tr gold 5s 1944_J&D n GO 6599 Lake of the Woods Mill Co, Ltd102 1st M 6s June 1923 J&D 102887% LasAnimasSugarlst6s'32opA&O 100 103987% Laurentide Paper 1st 6s'20 J&J2 101 Liggett & Myers g 7s 1944_A&O 125 126494 Gold bonds 5s 1951 F&A 102 1024

Lima Locomotive Corp-99 1st s f g 6s 1932 _ M&N 95 98

Lorillard (P) Co g 7s 1944_A&O 1257% 127707% Gold bonds 58 1951F&A 1013-4 1017%1007% Mallory SS 1st s f 5s 1032.. J&J 877% 92

1\lerch Dispatch Transp Co-947% Eq trust 434s '16-'26 J&J 1037% \lexicon Petroleum of Del Ltd-

1st 1 cony s f 6s '21 Ser A A&O 107100 Series C 107

b Basis. f This price includes accrued interest. k Last sale. n Nominal. s Sale price.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

46 MISCELLANEOUS SECURITIES. [vol.. 102.NOTICE.-'!l bond prices are now "and interest" except where marked'I and income and defaulted bonds

Bonds

Morris & Co 1st s f 43s '39_J&JMtge Bond 4s Ser 2 '66 op_A&O

15s Ser 3 1932 op '22____ _J&JMt Vernon-Woodberry Mi113-6% notes 1918 F&A

Nat Enam & Stpg 58 '29...INDNational Fire Proofing:-

lst&coll tr g 58 '16-'32op M&SNat Starch deb 58 1930 gir i&JNat Tube-See Coal, Iron& SteeNatomas Co of Cal-Gen & ref 63 1935 J&J

N E Cot Yam Cog 5s 1929 F&ANew Eng Nay-See N YN HdrN J Zinc 1st 48 1926 A&ONYAirBrakelst 68'28conv M&NN Y Dock Co-lst g 4s '51 F&A NY&ER F'y-5s '22_ _ _M& N N Y & Hob ry 5s May '46 J&DHoboken Ferry 58 '46_ M&NN Y &NJ Ferry-58 '46_ J&J

Nipe Bay Co 5s 1925 __M&NOgilvie Flour Mills 6s '32 _J&D

Series B Series C

Otis Elevator 58 '20 op '13 _A&OPacific Coast Co-G 5s '46 J&DPackard Motor 5%notes'16J&DPalace Hotel' (San Fran) 1st 6sAug 1 1928 F&A

Park & Tilford s f 6s '36_ J&DParsons (W Va) Pulp & Lumber

1st m g Os '16-'24 opt MNPenmans,Ltd-lst5s'26op M& NPierce Oil Corp cony Os '24 J&JPittsb Brewing 68 Feb 4 '49_J&J Pittsb Term Warehouse & Trans

1st ref g 5s Nov 1 1936_ _ M&NPowell River Co, Ltd-

1st m g Os '17-'27 opt '15 J&J Producers Transp 58 1921_J&JProvld't Loan Soc 4%s 21 M&SRy Steel-Spring 5s '21 opt_ J&J

let M g 5s 1931 opt____Adr0Remington Typewriter-

1st M 6s 1917-1926 J&J,St Clair Furnace 5s '16-'39 F&A'bSt Jos Stock Yds 4%s 1930J &J St Lawrence Pulp dr Lumber-

1st M 68 1916-1933 F&ASt Louis Brew Assn 6s 1939_J&JSt Louis Car Co 6s '21-'23 M&NSt L Nat Stock Yds 4s '30_ _J&JSt P Union Depot-Os '30_ M&N

Consol 58 1944 M&N Congo! 45 1944 M&N

St Paul Un Stk Yds-58'16 A&OSchwarzschild & Sulzb 6s-See S,u1sb.

Securities Co N Y 4% cons M&SSibley Mfg Co 1st 58 1922_ _J&JSimpson Realty s f 68 '32 op J&J Simpson Sec Co S f 68'29 J&J 15

Sioux City Stk Yds 1st 58'30 J&JSomerset Hotel Tr 4s 1921_ J&DStandard g 5s30NI&NSulzberger Sons & Co-Deb Os June 1916 opt_M&SISchwarzschild & Sulzb Co- IDeb 68 1916 s f opt_ _ _J&D

Swift & Co 1st 5 f g 58 '44_ _J&JT H Symington cony 68'20 J&JTenn Cop Co cony Oa '25 sub rctTexas Co deb 68 '31 op '15_J&JTorrington Co 1st g 5s '18_ M&SUnion B & P 1st g 5s '30 op J&JStamped

Union Ferry Co-5s 1920_M&NUnion Oil Co of California-

First lien s f 5s 1931 opt_J&J2Un Transpor 1st 5s 1923_ F&AUnion Typewriter-See ReminUnit Fruit-Deb 4%s 1923_J&JDeb g 4%8 1925 s f J&J6% gold notes 1917 opt_ M&N5% gold notes 1918 opt M&N

United Lead deb 5s 1943 _J&JU El Env 1st 58 '16-'34op'19J&DU S Finishing-lst 5s 1919_J&JCon gold 5s 1929 J&J

U S Gypsum 1st 5s '22 opt_M&SU S Mtge & Trust-4s Ser E to N '17-'22 Var

U 8 Realty & Imp 55 g'24 op J&JUS Red & Ref Co 68 1931_ _J&J U 13 Rubber-Coll tr 65 '18_J&DVancouver Lumber 6s '16 '25J&JVirginia-Carolina Chemical-

1st M g 5s 1923 opt s f_ _J&DCony deb Os 1924 ____A&015

Welsbach Co col tr 58 '30_ _J&DWest Canada Fl Mills Co, Ltd-

1st s f Os Mch 1928 M&S lst & ref s f Os 1931 M&S

Western Electric Co-1st 58 Dec 31 '22 op aft'll J&J

Westinghouse Machine-1st dr ref g 68 Nov 1940_ _ 0-F

Whitmer(Wm)SrSons6s'20_M&S

EXCHANGE SEATS.No. Last Sale.

Bid.

91:,!;3

943-i

9897

9584

1 bonds

77%H RR

9633 104%

100101969610110010099%93100%

10080

958785

98

98923'993/i943

994.85

858190783

99%8

/ 57SO

8894097

100%

100%99A98117105100% SO.78

rt 98

889433

gton 1'98Yt97%1014i100%75999675100

71

103%95

98331023397

1023

10096

t

Ask.

91%

099733

100

6579

10576%

9897

100%94101

10184

100898769

100

9998:ig931009533

1003'4.65%

95

95813i

on-sl-OO5990

9297097%

101

10199%103119105YI

100

9096

ypewr983397%102101337710033

82

7220103kt100

99102Vt9733

101100

10233

100%99

$N Y Stock Each_ 1,100 $71,000 N Y Con Stk Ex_ 500 750 700 750N Y Produce Ex_1,800 1,000 1,000 1,100N Y Cotton Ex.__ 450 13.300 13,400,N Y Coffee Each_ 323 3,200 3,150 3,250'Baltimore Stk Ex 87 3,500 Boston Stock Ex_ 150 17,500 Chic Bd of Trade 1,623 4,200 Chicago Stk Each 264 1,000 Cincinnati Stk Ex 35 2,250 Cleveland Stk Ex 35 1,500 Louisville Stk Ex_ 29 2,250 MinneapCh ofCom 550 3,650 Montreal Stk Ex_ 66 25,000New Or) Cot Ex_ 500 2,750 2,500 2,800Philo Stock Exch.. 221 3,900 5,500Pittsb Stock Ex__ 120 2,100 2,000 2,500St Louts Stk Ex__ 50 2,000 (SanF)Stk&BdEx 42 6,600 Wash'ton Stk Ex_ 40 2.500 2,500 3,500

Stocks Bid. Ask. Stocks

TEXTILE MFG. STOCKSNorthern Mills. Par Per

Acushnet Mill Corp (N B) _100 167%Amer Linen Co (Fall River) _100 American Manufacturing_ _100 118

Preferred 97Amer Textile, Pawtucket_ _ _100 Amoskeag Mfg (voluntary assn)

Preferred Androscoggin Mills (Me)_ _ _100'Appleton Co (Mass) 100 Arkwright Mills (F R) 100 60Arlington Mills (Mass) 100 98Barnard Mfg (Fall River)_,. 100 473/iBates Mfg Co (Me) 100 Beacon Mfg Co (N B) 100 102

Preferred 100 114Berkshire Cot Mfg., Adams,

Bigelow-Hartford Carpet 100 82100 200Mass

Boott Mills (Mass) 100 100 112Preferred

Border City Mfg (Fall River)100 112Boston Mfg Co (Mass) 100 Boston Duck Co (Mass) 700 Bourne Mills (Fall River)_ _100 10733

,Butler Mill (N B) 100 85 100 91Bristol Mfg Co (N B)

'Chace Mills (Fall River) 100 106

Charlton Mills 100 10533

,Chicopee Mfg Co (Mass)__ _ 100

Collins Co (Conn),City Mfg Corp (N B) 100 110

Continental Mills (Me)__ _100100 180

Cornell Mills (Fall River)_- _100 155

Dartmouth Mfg Corp (N B) 100 Preferred 1100

Davis Mills (Fall River)____ 11 16

Davol Mills (Fall River)_ __ . 100 95Draper Co., corn (M) 100 Dwight Mfg Co (Mass)_ ....500 ,Edwards Mfg Co (Me) 100 !Esmond Mills (R I), pref___ 100 ,Everett Mills (Mass) 100 'Farr Alpaca (Mass) 100 Flint Mills (Fall River)___ 100 115Franklin Co (Me) 100 Gosnold Mills (N B) pref_ _100 94Granite Mills (Fall River)_100 90Great Falls Mfg Co (N M....100 Grinnell Mfg Corp (N B).. _100 130Hamilton Mfg Co (Mass)_ _ _100 Hamilton Woolen Co (Mass) 100 Hargraves Mills (Fall River) 100 50Harmony Mills pref 100 Hill Mfg Co (Me) 100 Holmes Mfg (N B)

Preferred 100 175100 118

Kilburn Mill (N B) King Philip Mills (F R) 1100 5 11245 Lancaster Mills (Mass)_ _100 s 80

Laurel Lake Mills (F R)_ _100 90 I 95

Lincoln Mfg (Fall River)___ 100 90 lk 16955MLawrence Mfg Co (Mass)__100

Lockwood Co (Me) 100 sz100 8 1003-

Lowell Bleachery (Mass)_ _ _ 100 120 1 122

Lyman Mills (Mass) 100 k 122%110Manomet Mills (N B)

yMassachusetts Cotton Mills_ 110000 Mechanics' Mills (F R)____ 100 9233

Merchants' Mfg Co (F R)__100 98Merrimack Mfg Co (Mass).. 100

Preferred 100Middlesex Co (Mass) 100Monadnock Mills (N II) 100Morse Twist Drill (N B)_ 50Mt V-Wood M (Bait) v t rI00

Preferred v t r 100Nashawena Mills (N B)_ __ _ 100Nashua Mfg Co (N H) 500Naumkeag(Mass)StmCotCo 100Newmarket Mfg Co (N 10_100Nonquitt Spinning Co (N B) 100Osborn Mills (Fall River)_ 100Pacific Mills (Mass) 100

100Page Mfg N B) Pairpoint Corp (N B) 100Parker Mills (Fall River)_ _ _ 100Pepperell Mfg Co (Me)_ __ _100

100Pierce Mfg Co (N B Pocasset Mfg Co (Fall River)100Ponemah Mills (Prov)

Preferred 100100

Potomska Mills (N B) 100Rich Borden Mfg Co (F R)_ 100Sagarnore Mfg Co (F R)- - _100Salmon Falls Mfg Co (N H)_100Seaconnet Mills (F R) 100Sharp Mills (N B) pref 100Skenandoah Cot Co (Utica).. 100Soule Mill (N B) Stafford Mills (Fall River)_ ..looStevens Mfg Co (Fall River) 100Taber 'Mill N B) 100Tecumseh Mills (Fall River) 100Thornilike (Mass) 1000Tremont & Suffolk M (Mass) 100Union Cotton Mfg (Fall Riv)100Utica Knitting Co pref 100Utica Steam de Mohawk Valley

100Cotton Mills Wampanoag Mills (F R)_ 100Wamsutta Mills (N B) 100Weetamoe Mills (F R) Whitman Mills (N B)

100100

York Manufacturing (Me).....100Southern Mills,

Abbeville Cotton Mills (S C) 100Am Spinning Co Anderson Cotton Mills (S C) 100Arkwright Mills (S C) 100Atlantic & Gulf Cotton (Ga) 100Augusta Factory (Ga) 100Belton Mills (S C) 100Bibb Mfg Co (Ga) 100Cabarrus Cotton Mills (N C)100Clifton Mfg (S C) 100Clinton Cotton Mills (S C).._100Courtenay Mfg (S C) 100Dallas Mfg (Ala) 100Darlington Mfg (S C) 100

.8 8 3

22015

52 5397% 18 7703i :8 185 Is 112105100

8019550

9090104130160

s 3551

11592%72132

120

182%98

170 1807212287 90162%

k 9531Per share.90 100155 165

18100

1590160

8011055

Bid. Ask.

Par Per share.share. Eagle & Phenix Mills (Ga)_100 55 65 Enterprise Mfg (Ga) 100 4080 Exposition Cotton M (Ga)_ ..100120 Gaffney Mfg (S C) 100100 Graniteville Mfg (S C) 100 Greenwood Cot Mills (S C)_ 10069 Grendel Mills (S C)

k 160 King, J P, Mfg (Ga)

110000 90

80101 Henrietta Mills (N C)

s 185% Lancaster Cotton Mills (S C)1100 71365 Preferred 100 90 100101 Laurens Cot Mills (S C)_ _100 100 Lockhart Mills (S C)

Louise Mills (N C)

110000 35s 243% Preferred

50

Marlboro Cot Mills (S C)_ _1100 100

Mayo Mills (N C) 60

210 Mills Mfg Co (S C) 100

84 Monarch Cotton M (S C)_ _11000 111180

113 Newberry Cot Mills (S C)_ 100 110k 80 Orangeburg Mfg, preferred_100 115 Orr Cotton Mills (S C) 100

k 85 Pacolet Mfg (S C) k1280 Parker Cotton Mills

100 95100

Guaranteed stock Preferred

100 a 25

Piedmont Mfg (S C) 100 140 150

110000 n 1010090 Pelzer Mfg Co (S C)

11233 Phillips Buttorff Mfg 100 110 116a 6333 Poe, 1' W, Mfg (S C) 100 80 90 Roanoke Mills (N C) 100 135 Sibley Mfg (Ga)

k 7533 Spartan Mills (S C) 110000 12005 12155

165 Trion Mfg(Ga) 195 Tucapau ills (S C)

100 2022550

Union Buffalo M (S C) 1st pf_10_0_ 35

11733! Warren Mfg (S C) 60

k1000 Webb Mfg (Nashville)

100 800000 40

s 6575

s 245 Washington Mills (Va) pf_ _11 90 Preferred

k 99 Whitney Mfg (S C) 100 50100 100

k 95 Woodside Cotton Mille 25Ik 120

Preferred guaranteed 85

8 141A RO120 Canadian Mills 1

k 20133 Canadian Convert, Ltd_ _100 34

Canadian Cottons, Ltd 100 37

Preferred 100 75

Preferred 100 77% 79s 189 Dominion Textile, Ltd

k 80 Preferred

100 ____. 10521

093 7533 Montreal Cottons

Penmans, Ltd

110000 51

'k 9233 Preferred 100 50% 60

_ ,:z 82k 85 COAL, IRON & STEEL STOCKS

1st pref. 1001 12

50Alabama Co corn 14

Amer Steel Foundries 1(g d 20Amer Coal of New Jersey 28

3-3

Preferred 1100 45501 46553Bethlehem Steel Corp 100 128 140

Bon Air Coal & Iron 100 Preferred 100

Brier Hill Steel common_ _ _ _100 120

Cambria Iron 100 110Preferred

97% 1st pref

50 d 44%

Cambria Steel 0 clx 7651Y1140 Carbon Stet1 105

100 2d pre 1100 5755

33 Preferred 100 78 80 100 73A

853633 Central Coal & Coke

553-i Cleveland Cliffs Iron

Preferred 20 h

275Colorado Fuel & Iron 42% 4233

Consol Coal of St Louis__ 100 135 142

12

Consolidation Coal of Md 100 99Crucible Steel74

Preferred 1101 71094% 110'Delaware Lack & West Coal 50 305 315Dominion Coal, preferred 10O 99Dominion' Iron & Steel pref.. 100-

102% Dominion St & Cl Corp corn_ 100 -ii 4433sz12833 Empire Steel & Iron 100 12 16

Preferred 100 60 65 Gulf States Steel 100 51 53

1st pref 100 z 84 86

s 12833 2d pref 100 52 54

410 Rights d 433 433

9233 Flocking Valley Products__ _100 n 133 233

115 Inland Steel 100 372 377

110 La Belle Iron Works com_ 100 51 52Preferred 100 124 127

165 Lackawanna Steel 100 8133 8233

235 Lehigh Coal & Navigation 50 dx 753-3 76

3 3833 Lehigh Valley Coal Sales 50 d 79 82

55 Lehigh & Wilkes-Barre Coal_ 50 106 Midvale Steel Ordnance 50 d 66 67

k 120 New Central Coal 20 New Haven Iron & Steel_ 5,cl In %

1 Newton (G B) Coal corn._..100 I 1st preferred 100 127 Nova Scotia Steel & Coal.... 100 943-3! 9433

Preferred 100 110

k 112 Preferred 100 60100 81 8211370 Pennsylvania Steel 61

Pittsburgh Coal 100 3033 31

101 Preferred 100 10433 105Pittsburgh Steel prof 100 9333 9633

Republic Iron & Steel 100 493.1 4953Preferred

No corn fenleduntain 100 108 109

Fuel co _100 Roc 15

Sloss-Sheffield Steel & Iron_ 11 55 % 56Preferred 53

Steel Co of Canada Preferred 110000 3986% IIi993i

100 86Preferred 83Temple Coal, pref 100 10533

Texas & Pacific Coal 100 140 160

U S Steel Corporation 100 80 8033Preferred 100 x 1153-1 11533

20 Vandalla Coal100 n 2 6

100 Preferred 100 5 833

180 Virginia Iron Coal & Coke.... 100 .55 57

Warwick Iron & Steel 10,d 103-1 1033

90 Westmoreland Coal50d 68 70125 Wheeling Mould & F

' 50 d 63

Wheeling Steel & Iron .100 145

Youngstown Sheet & Tube_ _100 250 285415 Preferred 100 114

002550100

100

3020

12234111034457133758565

b Basis. d Price per share not per cent. s -New Stock I This Drirm Includes accrued interest. h Ex-stock dividend. k Last sale n Nominal.

a Sale price. v Ex-warrants. x Old stock. y Ex-divIdend. v Ex-ri-thisDigitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

FEB., 1916.] MISCELLAN EOUS SECURITIES. 47

Stocks. Par. Bid.

ELEC.OAS& POW ER STAdirondack El Pow 213Preferred _ _ _ _100 75 M

Am Gas & El__ _ _50 d 130Preferred 50 d 50

Am Gas of N J_ 100 122Am Lt & Trac_100 383

Preferred _ .._A00 112Am Pow & Lt_ _100 67Preferred _ _ _100 863Option warrants.. d 6

Am Public Util _100 43Preferred_ _ _ _100 72

Appalachian P0.100 2Preferred _ _ _ _100 12

Arizona Power_ 100 5Preferred __ _ _100 40

Atlantic P & L_100 10Preferred _ _ _ _100 92

Bay State Gas__ 50 d 20c.Brkiyn Un Gas_100 1293iBuff Gen Elec_ _100 105Calif Elec Gen-

erating, pref_ 100 82Canadian Gen E1100 111Caney River Ga,s_ 25 d 41Chic Sub Gas & EL 173

Preferred 85Cincin G El_ _100 74Cin Gas Transp 100 95Cities Service__ 100 116

Preferred _ _ _ _100 76Colorado Power 100 25

Preferred_ _ _ _100 99ColumbiaG&E _ 100 15CommonwealthEdison 100 144%

Connec Pow pf_ 100 92Cons Gas E Lt& P (Balt) 100 109%Preferred __ _ _100 114

Consol Gas (N Y)-See under N Y City

Consolidated Gas(Pittsb) pref __50 d 15

Consumers' Gas(Toronto) 50 175

Consumers Pow(Mich) pref_ _100 94

Dayton P & Lt_ 100 39Preferred _ _ _ _ 100 88

Detroit Edison_ 100 1383Duluth Ed El_ _100 Preferred _ _ _ _100 65

Duquesne Light-See Phila Counder St Rys

Edison El Ilium(Boston) _ _ _ _ 100 z 240

Elec Secu pref _ _100 80ElecCoof Am__ 10 d 10Elec Inves Corp 100 10

Preferred _ _ _ _ 100 80Elec Stor Bat_100 60%Elizabeth G L. .100 350Empire Dist El_ 100 Preferred __ _ _ 100 81

Equitable II1G LPhila pf 100 105

Essex & Ilud 0.100 133Fall Riv Gas W. 100 263Federal Utilities 100 20

Preferred __ _ _100 80Gas & El of Ber-gen Co 100 88

Gas & El Secur_ 100 115Preferred _ _ 100 85

General Electric 100 169Georgetown Gas 25 d Hartford El Lt_ 100 Hartford City GasLight common 25 d 623.Preferred __ __ 25 d 49

Havana El LAr P-S co St &Houghton Co ElLight 25 d 16Preferred 25 d 23

HoustonG& F pf 100 101Hudson Co Gas..100 131Ilium & Power

Secur-coin.. _100 15Pref 100 a 92

Indiana Ltg_ _100 85Indianap Gas_ 50 d 61%Kansas G & E pf 100 a 95Kansas NatGas 100 10%Kings Co El & P_ 100 1293-iLaclede Gas Lt_ 100 103

Preferred _ __.100 95Laurentide Pow.100 Lincoln (Neb)Gas & El L__100 15

Lone Star Gas_ _ 100Lowell Elec Lt_ 100 200Lowell Gas_ __ _100 258Manufac LtHeat, Pittsb_ 60 d 51

Mass Gas Cos_ _100 x 84%Preferred _ _ _ _ 100 86

Mass Ltg Cos com_ d 17Preferred _ _ _ _ 100 95

Mexican Lt & P 100 28Mexican Nor P. 100 Michigan Lt pf_ 100 95Middle West Util-Common ___ 100 45Preferred_ _ _ _ 100 76

Miss lily Pow_ _100 12Preferred _ _ _ _100 40

Mobile El pref_ 100 a 88Montana Power 100 71%Preferred _ _ _ _100 109%

MontrealLH&P100 x 223%Municipal Gas(Albany)___ -100 128

Muskogee G&E 100 Preferred _ 100 a 85

Narragansett El 50 d 90Nat L 11 & Pow_ 100 5

Preferred ___ _100 38Newark Cons G 100 94

El Rys.

Ask. Stocks. Par. Bid. Ask.

OC KS. New Bed G & E 1001 27022% New Haven G L 25d 3977% N Y City-135 Consol Gas_ _100 136351 NYMutualGLIO0 145123 N Y & Richmond386 Gas 100 33115 Niagara Falls Po100 138 16069 Northern Calif87 Pow Cons_ ...100 12% 138 NorIdaho& Mont47 Pow 10076 Preferred _ __ _100 5 Nor Ontario17 Lt& Pow com.100 1610 Preferred _ _ _100 5950 Nor States Pow_ 100 4515 Preferred _ _ _ _100 9295 Northwest Elec.100 2021c. Preferred_ _100 783.

1313, Ohio Cities Gas_ 100 145 150107 Preferred_ _ _ _100 8134 823%

OhloFuelSupply 25 d 383 3985 Oklahoma Nat112 Gas 100 713 7541% Old Col Gas pf _100 103 106 Ontario Power_ 100 55 6595 Oro Elec Corp_ 100 175 Preferred ____100 5 I 1196% OroWater,Light119 & Power__100 78 Osage & Oklahoma27 (Nat Gas) Co 100 105100 OttawaL,H&P_100 120153j Pac G & El_ _ _ _ 100 6331 64

2nd pref 10000 9034

91%145 1st pref

95 Pacific Lt Corp_ 100 100Preferred _ _ _ 100 78

115 Pac Pow & L pf_ 100 95 100115 Paterson & Passaic

Gas & El_ _ _ _100Pawtuck Gaspf _ 100PennsylLtgcom 100

22 Preferred _ _ _ _100Pa Wat & Pow_ 100

176 People's Gas Lt&Coke (Chic)_ _100 106 10634

96 People's Nat Gas50 & Pipeage 25 d91 Phila Co-See St &140 Phila Elec ($22.50

paid) 25d 273470 Pittsb Oil&Gas_100 73'8

Portl (Me) G L_ 50 d 63Providence Gas_ 50 d 90Pub Serof N 111 1001 110

Preferred __ _ _ 100 1013% 102244 Rhode lel Elec Protect 10011 Salem (Mass)GL10020 Shawin W & P.100 1303%8734 Somerset Union dr61 MiddlexexLt_100 70 Sou Cal Ed com 100 x 90 Preferred _ _100, 10086 SW Pow & L pf 100 a 9734

Stan G&E (Del) 50 d 8110 Preferred....__ 50 d 3034135 Superior Water Lt&267 Power corn_ _100 45 6530 Preferred _ _100 6580 Texas P & L pf_ 100 94

Troy (N Y) Gas 100 12590 Union Nat Gas..100 144 United El N J_ 100 90

United El Sec pf 100 10816934 Untd G&E Corp100 19

1st preferred.. 100 72295 2d preferred_ _100 20

Un G&E ofNJpf100 796334 United Gas Imp 50 d 89

United Ilium Coof New Ilaven100 225

United Utilities_ 100 15 -18 Preferred _ _ _100 a 9024 Utah Pw & L pf .100 a98105 Utah Sec Corp_ 100 18%132 Wash'n(DC)Gas 20 dx 73%

Wayland Oil & G_ _ _ 43%20 Western Power_ 100 1797 Preferred_ 100 5834 WestStatesG&E100 3063 Preferred _ _ _100 87100 Westhouse Elec11 & Mfg, com__ 50 d 633% 643%

1303% First pref __ 50 d 76 77104 INSURANCE

STOCKS.5534 Albany. Par. Per

Albany InsCo_ 50 18025 CommercelnsCo 25 160

205 German 9234 Baltimore. 10 1P8er

260 German-Amer 25 38Boston. Per

Boston 100 85 Colum Nat Life_ 100 12087 Conveyancers'20 Title 100

100 Mass Bonding 30 Mass F & M Mass Title 10098 Brooklyn-SeeN

Detroit.49 Detroit F & M _ _5077 Michigan F& M 5017 Hartford.50 Aetna (Fire) _ _ _10091 Hartford Fire_ _ 100743% Hartf Steam Boil113 Insp & Ins_ _ _ 100224 National Fire_ _100

Phoenix (Fire)_ 100133 Standard Fire_ 25 Life Insurance90 Aetna Accident._ _ _ _93 Aetna Life 10010 Conn Gen 10045 Travelers' 10096 Rights

8794257874

36El R R Sec.

130

40%

137%160

186447.92%

9197358375

27%8%6493

200%132

7192105100932

100130145%

1122275238389%

- 25100fl lo1974%

1859%4090

share.190180

share.2240

share.

Per share.13585Per share.

383815

t 307 312381 393395 405 74Per share.

475 485485 493575

Stocks. Par.1 Bid.- -

Louisville.German 50

Minneapolis.Nor'westF& M 100Newark.

American aFiremen's 50Newark Fire 5Prudential Life_ _50

New Haven.Security Ins_ _ _ _25

New Orleans.Hibernia (liquid) 100Lafayette 50Meehan & Trad 100

New York.City of N Y____100Commonwealth 100Continental 25Fidelity-Phenix 100Germ'n-Alliance100German-Amer.._100Germania 50Hanover 50Home 100Niagara 50Northern 100North River..._ 25Pacific & GreenwichStuyvesant..100'United States_ _ _20Westchester _ _ _10W'msburgh City(Brooklyn)_ _.100

Philadelphia.Alliance of Phila_ 10Delaware 10Fire Association_ 50Girard F & _ _100Ins Co of N A. _ _ 10InsCoState of Pa100Lumbermen's _ _ _25Mechanics' 25Pennsylvania F 100People's Nat Fire 50Phila Life 10Reliance 50UnitedFiremen's 10

Providence.Prov Wash'ton__50

Richmond.Virginia F & M_ _ 25

St. Louis.Amer Central_ _50

St. Paul, Minn.St Paul I? & M _ _ 100

San Francisco.Firemen's Fund 100

Washington.Arlington 10Corcoran 50Fireman's 20German'A mer_ _100National Union 5Potomac 25

MARINE INSUR-ANCE SCRIP.

Atlantic Mutual-1911. 1912 1913 1914 1915

MINING STOCKSI

Acacia Adventure Cons_25Ahmeek 25Alaska Gold NI_ 10laska JuneauGold Mlning 10

Algornah 25Allouez 25AmGold Ni (StL) 10Amer Zinc Lead &Smelting 25

Anaconda Cop_ .50Arizona Com'ciaL5Arnold 25Batopilas Min_ ...20Bonanza Dev Co 10Butte & Sup 10Calumet & Ariz_ 10Calumet & Hecht 25Canada Copper_ _5'Centennial 25

1CentreCek Min_10Chili Copper ...25Chino Copper____5Cop Range Con 100Cripple Cr'k Cons 1Daly-West 20Davis-Daly Cop_ 10Dante 1Doctor Jackpot_ 1Dome Alines_ ___10Elkton Cons 1El Paso Gold 1Federal Al&Sm _ 100Preferred 100

FirstNat1onalCop ($3 75 pd)_5

Franklin 25Gold Dollar Cons_ 1Golden Cycle GoldfieldConsolMines 10

Ask.

Per cent

Per155Per

600470260910

Per35

Per

220

Per100300

d 593482354953101554053059014017510080

d 56

130

Per18%5

335

25100

41016105310

Per85

Per85

share

cent

share37

share

300

cent12532561355245515325170415315110150

1259060

170

share196

340k 23625%105

k 105%k 604151710%5712

share.

share.90

Per cent132

400

Per253

108018%

x 2656%2

f 100f 100f 101f 10134f 102

Per

1%9623%

9%1%6650c

6683348%

2%35c.75%685521%16%2.25223451%

2%17%

10%c.27%

34%c.97c.2551

share

share.

2%9723%

9%1%67

66%83%8%

23450c.75%68%555217

21%52

313,5

12c.27%

1.023152

6%105c.

2.19

95c.

Stocks. Pard Bid. Ask.

Per share.Granby Cons NI S& P 100 91 913%

Granite-BI-Metallic ;;..1...i(St Louis).. ...1O 613%c. Greene-Cananea100 4634 4734Hancock Cons__25 b17 1734Homestake Min 100 12734 131Inspiration ConsCopper 20 433-1 4334

Isabella 1 2334c. 243%c.Island Cr'k Coal_ .1 x47 48

Preferred _ _ _ _ 1 87 89Isle Royale Cop_25 263% 27Jack Pot 1 634c.Kennecott Copper_ 513% 5134Kerr Lake 5 43-1 434Lake Copper_ _ _ _ 25 16 163%LaRosa Cons M_ _ 5 Vs iLa Salle Copper_25 434 5 Mary McKinney_ 1 45c. 46c.Mason Val Alines_ 5 234 3Mass Cons 25 11 1134Mayflower 25 334 4Miami Copper _5 37 373(Michigan 25 13% 2Mohawk 25 x8834 89Nevada Cons Cop 5 15 15.1New Idria Quick-

silver 5 2034Nipissing Mines_ _5 7North Butte__ __15 x2734North Lake 25 134 2Ohio Copper.._ _ _10 22c. 24c.Old Colony 25 3 334Old Dominion _ _ _ 25 6234 63Ontario Sil Min 100 634 734Osceola 25 83 8434Pittsb Silv Peak__ 1 6c. Sc.Pond Creek Coa1.10 12 13Portland 1 1.80 1.85QuicksilverMin 100 534 534

Preferred _ ___ 100 73/s 8 ..4Quincy 25 8734 8834Ray Cons Cop 10 2334 2334St Joseph Lead 10 1434 1534SantalTe(G&Cop)10 334 33ISan Toy 1 20c. 22c.Seneca ($10 pd)_ 25 44 47Shannon 10 0 03%Shattuck & Ariz_10 313% 32Superior & Bost_10 b3Superior 25 23Tamarack 25 50 51Tennessee Cop_ _25 53 5334Tonopah Belmont 1 43% 434Tonopah (Nev)__1 6346 15-16Tonopah Ext Min 1 Trinity 25 93% 934UnitedGold Mines 1 Utah Cons 5 13 1334Utah Copper Co_ 10 77 7734Victoria 25 3 334Vindicator 1 2.46 2.49Winona 25 33% 43-iWolverine 25 59 GO%Wyandot 25 2 23%Yukon Gold 5 234 28%

REAL ESTATE TR& LAND STOCKS Per

Albany Tr (Bost)_1 a80Alliance Realty _1 70Barristers' Hall Tr(Boston) 1 a 70

Bedford Tr(Bost) ..° a 60Berkeleyllot1Tr(B)/ a 60Bd of Tr Blg Tr (B)1 a 98BosGr'dR'tTr(C)_ 1 a 100Bost Land (Bost)_i Bost R E T (Bos)_ h al010BosStorW'h'se(B) 1 a 110Boston Wharf Co_l a 108Bromf Bldg Tr(B) 1 a 80Business RETr(B) la Cent Bldg Tr (13)./ a Chic RE Trustees ha 900City Assoc (Bos)_ _ el a 510City R E T (C)__h' a 900Congress St Associ-I

ates (Boston). _l!ct C'gressStBlgTr(B) l' a Constitution Wharf1Trust (Boston)..! a

Copley Sq Tr (B)_/a Preferred 1 a

Delta Bldg Tr (11)_1"a 65Devonsh Blg Tr(B)/. a 30Dwelling HouseAssn (Boston)__h a

East Bos Land (B)_ 113%EastStRETr(B)i a Ensley Land Co. ..l 75Essex St Tr (Bos)_1.a Factory Bld Tr (B) _I; a Fifty Assoc (Bos)__!a4000Haymarket Tr (B)11 a Hotel Bellev Tr(B)I a HotiTr,T'raine(B) l a 100Huntington ChamTr (Boston)__ __I a 75

Journal 131g Tr (B) 11a Kimball Blg Tr(13) Ca 45Lovejoy'sWhTr(B)P a 98MerchRETr(13os) ha MunicipIRETr(B)lla 97Old South Bld As_Pa 55Oliver Bld Tr (B)_11a Paddock Bld Tr(B)1.a 90PemlonlildTr (B) Pa Post Of Sq Tr (B)_ Pa 65PrayBlds Tr (Bos) la Qc Alark R Pt (B)11a 99R E ASSOC ( 08)-1 a 65Realty AssocAatesofBrooklyn 1 96

Som'set PI Tr (B) _1 a South St Tr (13os)_I a 98South Term Tr (B)1 a

21%73-128

33423%

hare.

SO

807070103

868065

1000

950

9650

10025958045

60011%1008595 I85 '

60

85 A50 •60

55010165103

55

20

75

10060

830116 118

70

. Purchaser also pays accrued int. b Assessment paid. c 2d install, paid. d Price per share, not per cent. h Par value $1,000 i Par value $10k Last sale. War value $100 m 1st Install, paid a Nominal. s Sale orice. t New stock. s Ex-riguts. z Ex-special div.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

48

Stocks. Par.' Bid.

PerState St Associates(Boston) 1 a

State St Ex (Bos)_ 1 a 60Suffolk R E Tr(B) h a 700Summer St Tr (B)_1 a 70Term Hotel Tr (B)_ I a 95

Preferred 1 a Texas Pacific LandTrust certfs_ ___l 109

Trern't Bld Tr (B)_1 a 97Trimtn Tr (Bos)_ _I a University Associ-ates (Cambr)_I a

Western R E Tr_ ea 135WinthropB1dTr(B)1 a

TELEGRAPH &TELEPH STOCKS

Par PerAmDisTelg(NY)100 17AmDisTelg(NJ)100 70AmTel&Cab.gu 100 63Amer Tel & Tel_ 100 126%Bell Teip (Can)_ 100 145Cent&SA Telg_ 100 135Cin&Sub Bell Tp 50 200Commer Un(gu) 25 98Dominion Telegr(Canada) 50

Empire& Bay StateTelegraph_ _ _100 66

Franklin Tg(gu) 100 42Gold&StkTegu)100 111Ill & Miss Telg_ 50 64Internat Ocean Telg(guaranteed) _100 97

Keystone Telp_ 50 d 133Preferred 50 d 68

Kinloch Long DistTelephone_ _ _100 119

Louisv Home Tp 100 1073/iMarconi WirelessTel of Am 5d

Mexican Telg_ _100 220Mex Telp & Telg 10 d 13/i

Preferred 10 d 5Mich State Telp

Preferred_ _ _ _100 93Montreal Telg_ 40 Mountain States

Telep & Teleg 100 1083/iN E Telp&Telg_ 100 132NorthwestTg(gu)50 d 52%

Ohio State Telep 100 Preferred _ _ _100 103

Pac&AtiTg (gu)_ 25 65Pacific Telp&Tg100 38

Preferred _ _ _ _100 94Providence Telp 50 d 100South&AtiTg(gu)25 86Southern NE Tp100 148ToledoHomeTp100 87Tri-State Telep& Teleg 10 d 10Preferred_ _ _ 10 d 9

Western Uri Tel 100 873-iTITLE 0UARAN-TEE Ec SAFEDEPOSITSTOCKS Per

Amer Surety_ _ __50 112Bond & M Guar100 292Casualty of Am_ _25 Chicago T & Tr_ 100 225CitySD(AlbNY)100 125Columbia Title(Washington)__ 5 d 43/i

Fidelity&D (Md)50 d 135IstMg Gu N Y_ 100 90K C (Nlo) Casual_ d 6Kentucky Title_ 100 110Lawyers' M Co_ 100 175Louisville Title_ 100 123Maryland Cas Co25 d 90Mortgage Bond.100 114Nat Surety Co_ 100 216N Y Mort&Sec_100 97NY Title Ins Co 100 35PacificCoastCas'Ity(San Fran)_ _100

RET Ins(Wash) 100 Rhode Isl S D_ _100 110SD&TrCoof Bal 100 650St Paul Title& Tr 50 d Title Gu Tr (StL)100 U S Casualty_ _100 183USFidel&Gu(M)100 218US TGuArIndem 100 50Westch & Bronx Tit& Mtg Guar 100 167

MISCELLANEOUSAdams Express 100 135Advance-Rumely—Com w 1 100 16Pref w I 100 40

Aeolian-Weber—Piano & Plan_100 30Preferred_ _ _ _ 100 72

Aetna ExplosIve100 65Preferred_ __ _100 80New stock w i d21Rights d6

Alaska PackAssn100 100%Albany (N Y) SafeDep&Storage 100 125 -1

Allis Chalmers MfgCom v t c_ _ 100 263/iPref v t c_ _ _ _100 763

Am Agri Chem_100 67Preferred _ _ _100 97

Am Bank Note_ _50 d 46Preferred 50 d 50

Am Beet Sugar_ 100 61Preferred _ _100 93

American Book _ 100 170Am Brake Sh& F100

Bkrs Tr ctf dep 1013'Preferred_ _ _ _ 100

Bkrs Tr ctf dep 184American Brass 100 258

MISCELLANEOUS SECURITIES. [VOL. 102.

Ask. Stocks. Par. Bid. Ask. Stocks. Pas. Bid. Ask. Stocks. Par( Bid. Ask.

share. Per cent. Burns Bros_ __ _100 823% 84% Farm Riv Pow_ _25 d 30

Am & Brit Mfg_100 30 35 Preferred _ __ _100 106 114 Fay & Egan pref100 40 70

65 Preferred __ _ _ 100 50 80 Bush Terminal_ 100 96 100 FederalSugRefg 100 48 50

65 American Can__ 100 615% 613% Preferred _ _ ..100 86 90 Preferred_ _ _ _ 100 90 92

800 Preferred_ _ _ _ 100 110 112 Butterick Co_ _ _100 293/3 297/i Gair (Robt) Co pf_ 99 102

80 Am Car & Fdry 100Preferred_ _100

643%1173'

643%119

Calif FrCan Assn 100California-

1253% Gen A sph com_ _100Pref 100

3370

3470%

85 Am Caramel_ _ _100 2 5 PetrI'm Corp_100 28 28% Gen Baking 100 7 9

Preferred_ _ _ _100 25 Preferred. _ _ _100 573% 58% Preferred_ _ _ _100 53 55

Am Chicle 100 71 74 Calif Wine Assn.100 203% 30 Gen Chemical_ _100 290 300

101100

Preferred_ _ _ _ 100Am Cigar 100

Preferred_ _ _ _100

8711198

90115101

Preferred_ _ _ _100Calumet & ChicCan & Dock _100

573%

49 51

Preferred__ _ _100General Motors 100

Preferred_ _ _ _100

114450111

116470112

70 Am Coal Prod_ _ 100 161 1613% Canada Cement 100 x 433% 44 Gen Ry Signal_ 100 105 110

Preferred _100 116 119 Preferred _ _ ..100 x 903/3 Preferred 100 88 89

70 Am Cotton OiL 100 52% iCanFdys&Forg 100 x 200_ _ _ _

Globe-Wernicke 100 125 145

Preferred ____100 98 100 Can SS Lines corn_ 163% Preferred 110 120

AmCreditIndem100 Am Express_ __ _100 125

a 100133

Preferred CanadianCar&F100

72663%

73_ _ _ _100

Goodrich (B F)_ 100Preferred _ 100

673%110%

68112

cent. AmFruitProd pf 100 2 3 Preferred_ ___100 86 9627_ _ _

Goodyear Tire &

2072

American Glue_ 100Preferred_ __ _100

102x 142

106146

Can Con Rub.. 100 Preferred 100 9198

Rubber pre f _100Gorham Mfg pf 100

115%114

116%120

66 Am Graphoph_ _100 126 Canad'n Explos.100 345 375 Gray & Dudley_ 100 88 93

1263% Preferred_ _ _ _100 x 120 130 Preferred ____100 100 110 Great LakesTow 100 26

150 Am Hardware_ _100 124 125 Can Locomotive100 593/3 61 Preferred_ ...i00 97%

1373 Am Hide& Leath10097% 103% Preferred_ _ _ _100 GreatSouthLum her 78 81

205 Preferred_ _ _ _100 483' 49 Canton Co 100 145 GreatWest Sug_ 100 137 140

110 Amer Hosiery_ _ _25 d 125 Carriage Fact _ _100 38% 40 Preferred_ ..100 110 111%

Amer Intern Corp Case(.I I) Thresh Guantanamo Sug50 d 64 66

100 20% paid Am Ice Secur_ .100

2027%

2128

Mach pref.. .100Case Lockwood de

85 883% Guggenh'm Exp_ 25Hackensack Wat 25

d 223%25

22%35

72 Am-La FranceBrainard Co_ 100 180 Preferred 25

48 Flre Eng Inc_ 100 ,Celluloid Co_ ..100 148 150 Hale & Kilburn_ 1005 18 22

117 Pref (new).. .A00 Central Aguirre Preferred.. ._100 55 60

72 Amer Laundry Sugar Cos_ ..100 139 141 Harbison-Walker

Machinery. ....100 40 42 Preferred _ _ _ _ 100 135 137 Refractories _100 773% 80

103 Preferred ____100 110 114 Cent Leather_ _100 513% 57 Preferred_ _ ..100 100 101

14% Amer Linseed...100 223% 223% Preferred_ __ _100 1093% 110% Hart, Schaffner

70 Preferred _ _ _ _100 403 41 Champion Coated & Marx pref _100 115 116%

Am Locomotive 100 633 633% Paper 100 115 130 Havana Tob___10() I 3

Preferred_ 100 1013 102 Preferred_ 100 105 Preferred_ _ _ _100 23% 5

Am Mch A: Fdy 100 90 98 Chesebr'h Mfg_100 730 740 Hawaiian Corn

Am Malt Corp_ 100 8% 9 Chicago Audlto- & Sugar 25d 433%

3% Preferred 100 33% 333% Num Assn..100 14 Helme (GW) Co100 160 193

235 Amer Piano pf _100 68 71 Chic Junc Rys & Preferred_ __ _100 114 119

2 Am Pipe&Cons_ 100 k 293% Un St Yd stpd100 155 155% Hendee Mfg__ _ 100 23 31

6 'Am Pneu Serv_ 501d 2 23% Preferred. 100 104 Preferred_ _ _ _100 98 101

First pref 50 50 I,Chic Pneu Tool _ 100 72 72% Hercules Powder100 390 400

94 Preferred 50 d 133. 14 ',Chic Ry Equip_ 100 87 87%' Preferred_ _ _ _100 116 120

k 136 Am Press Assn_ 100 n 10 20 Childs Co 100 60 65 Heywood Bros &

Am Radiator_ _ _100 395 400 Preferred _ ...100 93 98% Wakefield Co 100 115 120

1093 Preferred_..100 134 136 Cin Tob Wareh_ 100 10 Preferred_ _ _ _100 99 102

Am Rolling Mill 100 x 177 Cin Un Stk Yds.100 93% Holyoke Wat Po.100 410

Preferred ____100 x 1133% 120 City Investing_ 100 18 20 Hooven Owens &

40 American Screw 100 140 145 Preferred. _100 70 I 80 Rentschler pf 100 SO

105 Am Seed Mach_ 100 Clev&SandBrew100 2% 5 Hopkins & Allen,

72 Preferred_ _ _ _100 x 101 Preferred_ _100 19 Arms com___ 100: 60 70

383 Am Sewer Pipe_100 16 18 Cleveland Stone 100 65 75 Preferred _ _ _ _100 85 95

97 Am Shipbidg_ _ _ 100 34 363% Cluett, Peabody100 71% 723% Houston Oil ars 100 19 19%

Preferred_ _ _ _100 77% 80 Preferred_ _ ..100 109% 1113% Preferred ctfs 100 65 66

94 Amer Smelt Sec Colt's Patent Div oblig_ _ _F&A d 813% 82

150 Pf Ser A stpd_100 91 92 Fire Arms M _ 100 815 825 Hueb-Tol Brew. 100 1 1%

Pref Ser B. ...100 86% 873% Comput-Tabulat & Preferred.. ..100 10

Am Smelt&Refg100 963% 963% Recording Co 100 483% 49 Hutch Sug Pltn_25 d 26

Preferred _100 1133% 1143% Conley Foil 100 350 1 400 Hydraulic Pr Br 100 2

10 Am Snuff com__100 120 148 Consol Car Heat 100 75 Preferred_ _ _ _ 100 20 21

88 Preferred_ _ _ _100Am Sugar Refg _100

Preferred_ _ _ _100

104%111%1163/i

1103%1121173%

Cons Ice(Pittsb)_ 50Preferred 50

Cons'd Water

d 4d 343%

I 34%

Illinois Brick_ _ _100Indepen Brew'g_50

Preferred 50

763%d 33%d 183% 3q77

191

cent.Am Thread pref _ 5 Am Tobacco_ _ _100

d201

5204

Utica 5% pref 1007% pref 100

65105

75107

Ingersoll-Rand 100,Preferred..100

200

120 Preferred.._ _100 107 108 Consumers Co_ 106 23 24 Intercont Rub 100 12 13

297 Am Type Foun_ 100 40 42 Preferred_ __ _100 77 78 Int Agr Cor com100 19 20

Preferred _100 95 96 ,ContCan 100 76 77 Preferred.. ..100 583% 59

230 Am W W & Elec I Preferred. _ _ _ 100 105 108 Internat Arms____4 18 20

Common ____100 7% 83% ;Corn Prod Refg.100 213% 21% Intern Banking. 100 160 163

First pref _ _ _ 100 54 57Preferred....100 96 96% Inter Button Hole

53% Panic pref _ _ 100 15 18 Cosden & Co com_ 5 d 19 19% Sew Machine_ 10 d 3 3%

137 Am WinGlass pf 100 104 110 Cramp (Wm) & I Int Educational

100 Am Wind Glass SonsSh&E131c1100 Publish'g corn. 50 3/ 1%

7% Mach 100 43 433% Vot trust ctfs_ 75 80 Preferred 50 1 A 2

Preferred 100 138 Crescent City Int /Lary of N J 100 1093% 110

180 Am Woolen__ _ _100 Slaughter-Hse 50 d 45 Preferred_ _ _ _100 116 1191

126 Tr Co ctfs_ _ 48 483% Crex Carpet_ .. 100 40 45 Int Ham, Corp_ 100 70 75

91 Preferred_ _ _100 Cuba Cane SugarPreferred_ _ _ _100 107 110

119220

Tr Co ctts____Am Wringer_ _ _ 100

95 97100

Corp com__ _ _ 110000Pref

9476% 46%08

Inter Merc MarineCorn . _100 17% 18%

102 Preferred_ _ _ _100 110 118 Cuban-Am Sug_ 100 176 190 US M Sr Tr1c0t0f 16%

45 Am Writing Pap100 Preferred_ 100 103 105 Pref 8106%

82

Preferred_ __ _100 11 13 Curtice Bros.._ _100 150 170 Pf Cent Tr ctfs__ 78 78%

Assets Realiza 100 Asso Mer 1st pf _ 100

53%52

795

Preferred_ 100D H Holmes Ltd100

115136

120140

Int Motor 100Preferred _ _ 100

2339

2346

2d preferreth 100 Davison Chem Corp 66% Int Nickel vtc_ _100 203 206

Associated Oil 100 Atl Gulf & W

62 63 Deere & Co pref 100De Long Hook

95 97 Preferred vtc_ 100Inter Paper.... _100

1093%10

11210%

112 hid SS Lines_ 100 283% & Eye 100 57 60 Preferred_ _ _ _100 42 44

200 Preferred _ ___100 42 423% 1 Denver [in Wat 100 15 Inter Salt 100 37 40

Atlas Powder_ 100 250 260 Pref certfs_ 100 15 Inter Silver__ 100 90

60 Preferred _ _ _ _100 100 103 Diamond Match100 1053% 106% Preferred_ _ _ _ 100 100 102

Autosales Gum & Dist Sec Corp_ _100 433/3 433% Int Steam Pump100 12 13

175 Chocolate _ _ _100 1 Dixon (J) Cruc_ 100 Preferred_ __ _100 193% 20%

Babcock & W11_100 117 120 Dodge Mfg pref 100 96 100 Int Text Book _ _ 100 32 34

150 Baldw Loc Wks 100 1085% 109 Dominion Bdge.100 x 2193% 2203% J Et Mon tgomery 100 79 81

20Preferred __ _ _100

Bar & Smith Car1001033%10

1093%.15

Dominion Glass 100 Preferred _ _100

3088

Jewel Tea w I_ _100Preferred w 1.100

673%1033%

68%101

45 Preferred_ _ _ _100 45 55 Driggs -Seabury Johnson Tin Foil

Beatrice Cream 100 130 189 Ordn Corp__ 100 135 142 & Metal 100 150 175

32 Preferred _ _ _ _100 97 duPont (E I) de Johns-Pratt Co. 100 295

7570

Billings & Span_ .254 Bliss (E W) Co__50 d 340

76350

N Pow (new)_ 100Common (old)__

370102

380104

tk Common

K CCoSmrnn _ 0059

86 Preferred 50 d 72 77 Preferred. _100 103 105 Preferred_ _ _ _100 77 80

211,6 Booth Fisheries_100 26 273% du Pont (E I) de N Kayser (Jul)&Co100 75 85

63. 1st pref 100 713 75 & Co deb stk_100 103 107 1st preferred 100 110

Borden's Con M 100 117 118 Eagle Lock 25 d 60 61 Kelly Springfield

Preferred_ _ _ _ 100 107 108 Eastm Kod N J 100 590 605 Tire, corn_ _ _ _100 230 285

Bost Belting_ _100 kx1033% Preferred 100 119 ' 1st preferred _100 95 97

27Brill (J G) 100

Preferred.. _ _ _1003493

3596

Elec Bd & Sh pf 100Elgin Nat Watch 100

a 993% 100130 ,

New stock w I.__Kentucky Wag_ 100

7050

7252

78 Bristol Brass_ ....23 d 64 63 Ely Walker Dry Keyst Watchc'e 100 75 78

67% Brit Amer Tob_ _£1 d 151,6 163% Goods 100 112 Kolb Bakery pf _100 75 85

933%48

Ordinary bearer dBritish Col Pack 100

15%113

163%125

1st preferred _1002(1 preferred. 100

1003% Kresge (S Co— New stock__ __ 10 d 15% 16

52 British Col Fish Emerson-Branting-Preferred. ___100 110 1123%

623% & Packing_ ..i00 62 ham 100 18 20 Lake Sup Corp_100 9 9%

943% Broad Brook Co. 25 d 18 Preferred. _ _ _100 57 60 Lake Torn Boat_ 10 d 10 11

180 Brown Shoe_ _ _ _100 49 52 Fairbanks E& T.sno d 150 Lake of the Woods

Preferred. _ _ _1.00 953 97 Fajado Sugar_ _100 75 85 Milling 100 133 135

1053% Brunswick-Balke- Far & Ship Tob Preferred__ ..100 120

Collender pf_ /00 105 107 Warehouse _ _100 5 Landers, Frary

192263

Brunswick Term& Ry Sec_ __ _100 10 12

1st preferred _100 2d preferred. 100

100

25& Clark 100

uanst Monotype1006071

62723%—

k Last sale. I Par value $100.

n Nominal. o Ex-cash and stock dividends. r Ex-subsidiaries. I Sale price. t New stock. x Ex-dividend. y Ex-rights.a Purchaser also pays accrued int d Price per share, not per cent. a Par value $500. h Par value $1,000.

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

b'F,B. 19164 MISCELLANEOUS STOCKS.-STATE AND MUNICIPAL BONDS. 49

Stocks. Bid. Ask. 1 Stocks. Bid. Ask.

Par. I Par.,aurentide Pap 100 184 185% N3W Haven Wat 50 d 84 86Aberty Mills.._100 87 95 IN I Zinc. 100 297 300Ag&Nlyers Tob 100 252 259 I slew Or! Brew_ _100 Preferred__ ....100 120 Preferred...._ _100 33 45

,ima Locomot_100 21 23 g Y Air Brake 100 142 143,it Brothers__ 10 d 194 20% NI Y Dock 100 8 14.00se-WilesB1s_100 16% 20 Preferred__ _ _100 18 351st pref 100 913. 95 NY&E Riv Fy_100 2d pref 100 60 NY&KyCo vtc 106 24 30

,ord & Taylor_100 15 Pt vot tr ctfs_100 70 801st pref 100 40 50 Nicholson File_100 3063 3252d pref 100 20 Niles-Bem-P'd ..100 180 185

ArriBard (P)___100 183% 185 Preferred...._ ..100 100 106Preferred_ __ _100 116% Nor & W Stboat 100 155 165

muisvTobWhse100 21 23 North Amer.._ _100 6934 70

Preferred_- _ _100 86 90 NWStatesPortCem

lacAndrews& Common ......100 95 100Forbes 100 135 140 Preferred_ ___100 95 100Preferred 98 101 Ogilvie Fl Mills..100 131 134

eiackay Cos___100 78 80 Preferred ....100 116Preferred____100 66 67% Ohio Fuel Oil__ 1 d 17% 18

elanhat Shirt_ _100 56 60 Old Domin SS.._100 88 92Preferred_ ___100 105 110 Otis Elevator__100 63% 6434'

elanufact'd Rub 10 d 32 1 Preferred. _ __100 93 95Preferred____ 10 d k 4 Pabst Bwg pref _100 82% 83

Sarin Co Water100 60 Pac Coast Co.._100 45 70,larlin Arms corn__ d 33 35 1st pref 100 75 100Preferred _ __ _100

lay (The) Dept78 82 2d pref 100

Pacific Mail SS_100 55 80

StoresCo corn 100 50 54 Packard Motor.100 180 190Preferred_ _100 102 104 Preferred __, _ _100 a 103 104

laxwell Mot__100 67 67% PeckStow&Wilc 25 d 27 28%1st pref 100 86 86% Penn Salt Mfg_ 50 d 100 1012d pref 100 493% 50 Penn Traffic_ ....2% d 2 234

lerg Linotype_100 166 170 Pettib Mulliken 100 45 53lexican Petrol_100 102 10234 1st preferred_100 90 93Preferred_ 100 95 96 PhelpsDodgeCo 100 260

lidwest Refg_ _ _50 d 54 55 Pittsb Brewing.. 50 d 534 6Iii&ChBrew pf£10 d Preferred____ 50 d 17% 20linnep Brew__100 92 I Pittsb P1 Glass..100 115Preferred_ __100 PlimptonMfgCo100 115Wine Plow ist Porto-Rican Ampref 100 Tobacco 100 210 220lontgomery Ward Pratt&Whit pf_100 104 107dr Co, pref___100 113 11334 PressedSteeiCar 100 5334 54It Olivet Cemetery Preferred_ 100 101% 104(Nashville) _..100 95 105 Prest-O-Lite

rashville Wareh Co Inc d 50 65& Elevator__100 20 30 Proc & Gamble_100 675 700rat Biscuit____100 1223. 1233 Preferred_ _.._100 187Preferred____100 125 128% Producers' 011.._100

rat Candy____100 6% 7% Pullman Co_ ......100 x 164 1671st pref 100 98 Pure Oil 5 d 20 20342d 100 80 Quaker Oats_ 100 340 350_pref

at Carbon 100 176 180 Preferred_ _ __100 108% 109_ _ _100Preferred-

122 12234 Ry St1 Spring__100 36% 38%at .Cloak&Sult100 78 80 Preferred___ _100 99 100Preferre_d 100 108 112% Reece Button-iatEnam&Stpg100' 2234 23 Hole Machine 10 d 1534 16Preferred__ _100-g

92 94% Reece Fold Mach 10 d 3% 4at Fire-Proof 50 d 10% 11 N Remington Typew-Preferred__.... 50 d 223. Common ____100 16% 173%at Lead 100 66 66% 1st pref 100 74 76Preferred_ ___100 112 114 2d pref 100 39 41at Ref pref_ ..100 122 128 Reo hlotor Car_ _10 d 34% 35at Sugar Refg- 100 95 97 Reynolds (R J)'atomas Co of Cal Tobacco 100 470 485preferred 15 2034 Preferred __ __100 120 122'ew Departure RIPerk Horse $ 100 Mfg corn.. _.._100 176 182 Preferred_ ___100 20 30Preferred__- _100 111 114 Rich & OntNav 100 75ewEngCotY'n 100 30 Riker dr liegemanPreferred___ _100 55 (Corp for stk of)5 d 5% 534

'

AA

Stocks. Bid.

Par.Royal Bak Pow 100 140

Preferred.......100 1003.Rub Goods M pf 100 100Saco-Lowell Co 100 125

Preferred_ _ _ _100 103Safety Car H&L100 109St L Cot Comp_ 100 32St Louis Transf _100 Sapulpa Refg_ ___5 d 9%Savage Arms_ _100 495Scovill Mfg__ _ _100 460Sears, Roebuck& Co corn__ 100 177%Preferred _100 12634

Securities Corp-General 100 25Preferred _ 100 85

Shredded WheatCo.Common 100 103Preferred _100 95

Silversmiths Co 100 623.Preferred........ 100 92

Singer Mfg_ _ _ _100 220SiouxC'yStkYds100 29

Preferred_ _ _ _100 89Smyth Mfg Co_100 SoPortoRicoSug100 140

Preferred_ ...._100 103Spring Val Wat _ 100 57%Stand Coupler_100 20

Preferred_ _ __100 102Stand Milling.... 100 92

Preferred_ ___100 87Standard Oil-See weeklyCStandard Screw 100 265

Preferred A ..100 102Preferred B....100 10634

Stanley Rule &Level(NBrit)_100 430

Stanley Works_ 25 73Sterling Gum _5 d 2Stern Bros pref_100 41Stetson (J B)__ _100 400

Preferred ____100 165Stewart Sugar_ _100 165Stewart-WarnerSpeedometer 100 86

Preferred..100 108StudebakerCorp100 14334

Preferred 100 110Submarine Boat___ d 35Sulzberger&Sons-

Preferred____100 88Swift & Co 100 125%Texas Company 100 191%

Rights w i d 15%Tobacco Prod__100 30

Preferred _ __ _100 1003.Torrington Co__ 25 dx 38%

Preferred 25 d 30Trenton Pott__100 n 4

Preferred __100 n 40Triangle Film_ .._ _5 d 5%Underw Typew_100 80

Preferred__ ...100 110Unexcelled Mfg_10 d 3Un Bag & Paper 100 634

Preferred_ ___100 28Union Carbide _100 176Union Ferry (NY& Brooklyn)_100 40

Union Oil 100 67%Un Provident.. .100 653

Ask.

10211013010511135749%

475

180

3090

105

70952233592%2101451073457%30

95%88

hronicle285104107%

43573%2%43405170175

86%11014411236

90126193163433

10142

5506861135730%177

4272%

Stocks. Bid. Ask.

Par.Un Sand & Mat 100 6834Un Stock YdsSo Omaha _ __ 100 97

Un Switch & Sig 50 d 115Preferred 50 d

Untd Cig Mfrs_100 62Preferred___ _100 106

Untd Cig Storesof Am com_ _ _ 100 93Preferred_ _ __100 110New com 104 94New pref 10 d 113%

United Dry Gds 100 20Preferred ____100 67

United Fruit ___100 136%Rights d 5

Untd Petroleum 100 65Un Prof Shar 1 d15/UntdShMachCor 25 d 5434

Preferred 25 d 2934U 8 Bob & Shut 100 38

Preferred_ _ __100 97USCastIP&Fdy 100 16

Preferred.. ..100 49U S Envelope__100 135

Preferred..___100 108US Express__ __100 42U S Finishing_100 12%

Preferred.... ....100 40U S Glass 100 30US Ind Alcohol 100 144

Preferred_ _ _ _100 105U S Play Card.. 100 170U S Print of 0_ _100 40US Realty & Im100 33U S Red & Refg 100 1%

Preferred__ IGO 1%US Rubber__ _ _100 49

1st preferred_100 107USSmRef&Min 50 d 55%

Preferred 50d 493%Va-Caro Chem_100 453/s

Preferred____100 107%Vulcan Detin__100

Preferred___ _100 Waltham Watch100 14

Preferred...... 100 79Washburn Wire 100 1163%

Preferred..... _ _100 1163%Wash Market ___50 d 1834WellsFargo&Co 100 128

1Welsb'chCocam100 43Western Stone_100 n WestingAirBr'ke 50 d 135Westing Auto Air& St Coupler_100 6234c.

Westing Mach_ 50 d 25Weym-Brut Co.. 100 220

Preferred___ ..100 115Willys-Overland100 20134Cony pref___100 10534

WinchesterRepeat Arms_100 2650

Woman's Hotel 100 60Woolw'th(FW)_100 11934

Preferred.. .10O 123World Film 5 d 134Worthington(H R) pref____100 104Yale & Towne.. .100 Young (.15) Co_100 150Preferred 105

69%

9912213064111

981209%11%

70136%5%

1%543429%50

16%50

1114616%43%32%144%1111756036%2249%1073455%5046110

8 934

1884

13045

136

90c.3524011920610634

270070119%1241%

108

170110

a Purchaser also pays accrued dividend. 6 New stock. d Price per share, not per cent. k Last sale n Nominal. a Sale price. I Ex-stock di,.Ex-dividend. y Ex-rights. u Ex cash,and stock dividend.

STATE AND MUNICIPAL BONDS.It Is not the oustom In quoting municipal bonds to Include accrued Interest in tht price given. Fiance this accruedInterest must in all cases be added on. There are a very few instances which form exceptions to the rule-that Is, wherethe prices given are flat prices, the accrued interest having been taken into account in making them. These are indicatedby a special mark, thus (f).The figures in the column "to net" indicate the basis on which the securities sell or the interest rate which the securitiesIf held to maturity will net to the purchaser at the present market price.

To Bonds Bid Ask Net I

iiI Bonds Bid

ALABAMA Phoenix 434s 1950 op '30_J&J 48 renewal Ci C 1956_ _ _J&J 99% 101 ___ 5s School Mar 1933.______ 101%4s Currency fund'g 1920_J&J 97 99 5s Jan 1 1954 op 1934_J&J 334s renewal Jan 1956... J&J 86 88 Prescott-5s 1948 J&J Birmingham Os ref '23_ F&A b 4.60 4.507 Tucson-5s Water 1930 J&J 55 ImprovSep15 1921_M&S b 4.60 4.506/ 434s W W Mch 10'38 M&S10 1005s School 1924 J&J b 4.60 4.50% ARKANSAS5s Sower 1938 J&J b 4.60 4.50% Ft Smith-5s 1926 ..A&O 6534%15s Fund Sep 30'41_ M&S30 b 4.604.50%59 W W 1918-1926 _M&N b534%Jafferson Co-6s 1921__A&O b 4.70 4.60 St Francis Levee Dist-6s Dec 1 1917 J&D b 4.70 4.60 Os Oct 1 1943 opt '33_J&J b 5.405s July 15 1920 J&J b 4.70 4.60 Os 1947 opt 1937 J&J b 5.40434s July 1 1931 J&J b 4.70 4.607 534s 1945-1964 J&J b 5.404)4s Hospital 1963_ __J&J b 4.70,4.60% ___ 5s 1949 opt 1929 J&J b 5.40Mobile-5s Sewer 1942M&N b 4.60;4.507 .. _ _I CALIFORNIA55 School 1943_J&D b 4.60;4.50 ___ 434sUniv bldgJan5'21-65J&J b 4.15434s Refunding 1937_A&O b 4.6014.50 ___ 4s riarb Imp 1985 op '50 J&J b 4.15434s Wat & Sew '39__J&J b 4.60,4.50 _ _, 4s Highw July 3 1944__J&J3 b 4.15Mobile Co 5s ref 1928 0 _M&S b 4.60,4.50 49 Highw jury 3 1954 J&J b5s Ref 1931 J&D b 4.604.50% 4s Highw July 3 1957 _J&J b8s Road Feb 1932_ F&A b 4.60'4.50 Alameda-4s '16 to '41..J&D4s C H & Jail 1926_ _ _ _J&J b 4.60 4.50% 4%s Mun Imp '16-'48 A&OMontgomery-6R 1924 J1tJ b 4.604:507 Bakersfield 5s '16-'52_A&O, Os May 1 1918 J&J b 4.6014.50 Berkley 5s 1942-1951_ _J&J59 Street Pav 1923 J&J b 4.60 4.50 5s School 1917-1955_ _ _J&J5s Funding 1940 J&J b 4.604.50%Los Ang-434s '16 to '35.I&J434s Water 1928....._A1O b 4.604.50%434s OR Dec31 '16-'37J&D434s Sch WW&Sew'44 J&J b 4.60 4.50 , ___ 434s Harb imp '16-'51 J&DMontgom'y Co-5s '35_A&O b 4.704.60% ___ 4%s Elec plant '17-'51J&DSelma-5s '27 op '10 M&N 99 100 ___ 434s Aug 1 1923-1912_F&AARIZONA 4s W ann 1916 to '45 M&N434s ref Apr 1938op'28J&J15 4.40Maricopa County S D No 1 4s 3f 1916 to 1930 J&J

Water '16 to '4l. A&O3 s5s March 1933 Mar' 4 60 3%s Sch 1916 to '44_J&D

ToAd Net Bonds

4.20 Los Ang Co 434s '16-'49 F&A100 ___10akiand-5%s 1916-'43F&A - 4.60, 434s Mun Imp 1916-43F&A 4.20 434s Jan 15 1916-'47_J&J

434s Sch &c Jne'16-'51J&DOakland S D 4s '16-'44_J&JOrange Co 5s '16-'45 __M&S

570 ___ Pasadena-4sJan'17-'42 J&J5% ___ 434s Wat-Pl't '17-'36 A&O

Pasad S D 434s1 16-'22 Sent5Redlands-5s '22-'51 ___J&JRiverside 5s 1916-'53__J&DRiverside Co 5s '25-'54_ M&NSacramento 4s Jan' 17-'45 op434s Sew & Dr '27-'34_J&J

4.057 ___ Sacram'toCo 4 %s'17-46J&D4.057 SanDiego 5s WW16-'54A&O4.05 434s 1916-1941 J&J

4.154.05%434s Wh & liar '17-'52 J&J04.15 4.05 --- San Francisco 5s g'16-'55J&J 4.35 5s Muffle. 1917-1960 _J&J 4.35 5s 1916-1939 M&N 4.40 430 April 1922 _A&O 4.30 334s g July 1 1916-'44_ J&J 4.30 San Joaquin Co 5s'16-'49J&J 4.20 San Mateo Co 5s '17-42_J&J 4.20 Santa Barbara-5s gold Sch 4.20 1917 to 1941 Jan 10 4.20 4%s g Aug 1943_ F&A 4.20 Stockton S D 5s '16-'21..J&J 4.20 CANADA-See page 4.20 COLORADO 4.20 4s 1922 opt 1912 M&S 4.20 Boulder 59 Sept 1 1926_ M&S

-----

Bid

50.

As1

-----

ToNet

4.154.204.204.204.204.354.254.354.354.354.354.354.304.304.304.204.404.404.404.304.304 304.304 304.204.20

4.35,4.354.30

9934 100101 103b Basis. Flat price. n Nominal. 8 Sale price.

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

50 MUNICIPAL BONDS.[VOL. 102.

Bonds. Bid. Ask.To

iVet. Bonds. Bid.

Canon C'y 5s '31 op '21M&N 100

ColoradoSpgs43'290p'14M&S 99Delta Co 5s ref'30 op'20 J&D 99Denver 5s Oct 1919____A&O 101

5s Aug 15 1928__F&A 15 Garfield Co-58 refdg May 1933 op '23_ 101%

Grand Jet 5s '26 op '21_J&J 100

Gunnison Co 45'19op'09A&O 89

Lake Co 4sNov'21op'11A&O 89

Las Animas Co 434s 1931 J&J 99

Ouray Co--48'21 op '11 F&A 85

Pueblo 68 Sept 1 1921_M&S b 4.40

58 1918 op 1913 J&D:b 4.40

PuebloCo4 sref'31op'21J.kJ b 4.40

Pueblo Co S D No 20 43481932 M&S b 4.40

RioGrandeCo5s'19op'09F&A 99

Trinidad 58 '32 op '22 _A&O 101CONNECTICUT

48 July 1 1936 J&.1 104

Ansonia 4348 1916-44__A&O b 4.20

Bridgeport-4s CH'18J&J 100%

43s Bridge '16-'65 J&J b 4%

4s School 1916-35_ F&A b 47

48 Corp July 1919 J&J 98 a

Bristol-4s Funding '27_J&J 98%

Danbury-49 1920 J&J 99

3%s Oct 1941 A&O 90

E Hartford-45'24op04A&O 98

4s Funding '39 op '29.A&O 96

E Hartf Fire D 4s 1931 A&O

Fairfield Co 43s C H '45J&J b 4.20

Greenwich 434s '16-'24 _J&J b 4.10

Greenwich (Borough)-43/5 Funding 1916-38 J&D b 4.0

5

Hartford-4s 1918 J&J 99%

48 g Water 1918 J&J 993'i334s g June 1 1955___J&D 88

Hartf S D-4s Ars'l '17 J&D 983's48 2d North '24 op '04_J&J 98

334s South 1931____M&N 91

334s South 1955 M&S 85

Meriden 4s 1916-1918__J&J 99

Meriden (Town)-3348 1917 to 1924 M&N b 4.25

Middletown-48 1922__J&J 98334s 1921 J&J 95

New Britain 45 July1 27F&A 9833.5 Sewer 1924 J&J 96

New Britain (Town)-334s Sch 1929 op '09_F&A 92

New Haven-48 1917-'19J&J 99

48 Sewer 1916-1925__A&O 99

3s Oct 1916-1924__A&O 97

4s Town 1939 J&J 993

3Ms Town 1916-1929_J&J 96

New London 48 Sch '27 J&D 99%

33,s Water 1926 J&J b 4.10

Norwalk-4%s Jan 15 '54 J&J 1003-

48 g May 1935 J&J 973'

330 (Town) 1918A&O 97

334s Water '29 op '19_J&J 92

Norwich-438 Mar 2 1939 __ 102%

48 1930 M&S 98

Town 334s 1925 J&J 93

Orange-4s g Fund '25 J&J 97

South Norwalk 43s '42M&N 100

Stamford 48 Park 1942 M&N 99

4345 School 1917-1945.J&J Waterbury43(sSch'17-21J&J b 4.10

4%5 Water 1917-'71 __J&J 6 4.10

435 School 1922-1953 J&J b 4.10

48 Water 1920-'49 ____J&J b 4.10

48 Park 1916-1958____J&J b 4.10

334a School 1917-'32 __J&J b 4.10

West Hartf'd 438, '43 J&D Willimantic-4s 1924_ _A&O 98

Windham-4%s 1944___J&J 103DELAWARE

48 June 1 1932 Jar') 99

3s Dec 1 1927 op'02 J&D 99NewCastleCo4348'26-34J&D 64.35

48 Ref Dec '16 to '24_ J&D 54.35

3%s 1916 to 1920 J&J 64.35

Wilmington-4348 '22_ A&O 64.15

434s St & Sew 1934__A&O 54.15

4348 1928-1937 A&O b4.15

434s Bldg-Con '53-62 M&S 54.15

4s St & Sew Apr 1925_ A&O 54.15

DIST OP COLUMBIA3.6158 Fund cur 1924 F&A 1033-i

FLORIDADuval Co534s'32 op'12M&N 9934

58 Road 1939 J&D 10535s Armory 1944 J&J 1063

Hernando Co Fund 58 1944_ 97

Jacksonv 55 May15'24 M&N 10431

5s improv t Jan 1 '36_J&J 110

434s Imp Nov 1936__M&N 1033'4348 Feb 1937 F&A 1033/i

Key West 59 1942 J&J 98Miami 55 1919-1944 J&J 543% oOrange Co 59 1944 J&J 97Pensacola 4345 ref 1941 A&O 98Tampa 58 Jun '55 op '25.J&J 102

58 Nfun Imp '62 op '32J&D 1033-FOREIGN GOVTS

Anglo-French ext OsOct 15'20 temp bds.A&015 95

Argentine Republic-Internal g 5s of '09 s f M&S 936% notes-

Ser B Dec 15 '16_J&D15 1013-1Ser C Dec 15 '17_J& D15 1013

6% Treas bds May 15 1920 10131

British-Cons23-i5 op'23Q-J Chinese Government 55 A&O Hukuang Rys 5s £ J&D 15 70

Cuban 58 1944 op 1911_M&S 97"Internal" 58 Nov 28 1913

optional-----M&N 28 88"Ext'l" g4348'49 opt F&A 80"Ext'l" g 55 1949_ F&A 943-i

Dominican Republic-Cust's adm s f 55'58_F&A

French 5s Apr 1 1916_ A&O 1003-German-3%s opt_A&O N w 48 irr bef Ai) 1 '18A&O 5% treas notes Jan 1 1916

101 Hawaii, Territory of-100 43-i8 Imp '20 op 1910_ _J&J 993-

100 48 Imp ',11 op '31____F&A 993-i1023 __ 48 Impt Sep3'42op'32M&S 993-i 4.10 33s Imp '21 op 1911 _J&J 96%

Japanese Government- I102% 4348 £ '25 op '10__F&A 15 c 833-

l013- ___ 438 £ 1925 opt 1910 (2d90 ___ series) J&J 10 c 81

48 £ '54 op '10_J30 & D 31 -185 -- ___ 45 £ Jan '31 opt after 1921_ c

90 Neth'd Gov 5s '18-'30F&A 4.20 Norway 6s Oct 15'16.A&015 101

4.20% ___ 65 Oct 15 1917____A&015 101

4.20% ___ Philippine Islands-48 g L Pur '34 op '14__Q-F

4.20% 48 P Wks & Imp 1935_Q-M 100

100 4s Impt 1936 op 1916_ F&A 100

1013- Manila RR (South Lines)1st g 45 '39 gu op. M&N

Philippine Railway-4:15%; -_-_-_ 1st g 48 '37 8 f op gu_J&J

Porto Rico-4s 1917-'33 J&J 100

3.95% ___ 4s Jan 1 1937 opt '22J&J 100

3.95% ___ 48 Jan 1 1944-1950 ___J&J 1004s g 1919-1956 J&J 100

Russian 4s of 1902 opt Q-M

Wladikawkas 48 Jan 13 '57optional 1916 J&J14 46

------ Swedsh 4-33s 1920_ F&A 6% Tress notes 1916_J&D 10031

Switzerland 45 optional J&D

1918 M&S 994.05% ___ 5% notes

M&S 100%434% ___ 5% notes 1916

5% notes 1920 M&S 993-iUnited States of Mexico-

5s g Refunding '44__Q-Jan 0 40

45 g 1954 .T&D FOREIGN CITIES, Exc.Amsterdam 48 1900-'01_A&O

------ ___ Copenhagen 4s of 1901 M&N Havana-1st 6s 1939___Q-J 102

Tokyo, City of, 55 of 191Q2---j 101 2d 65

Red ann s f beg '16-'52M&S c 78

4.15% CANADADominion of Canada-

5% notes Aug 1 1916_ F&A5% notes Aug 1 1917_ F&A 1013-i

,Alberta, Province of-5% deb May 1 1925_ M&N434% s f deb 1924_ F&A

_155 ! Calgary 5s 1933 100 -__ 6% notesMar 15'18 MAI*1598___, Galt 4%s Apr 18 '31_ A&018 1 43-s ElPow J'ne 5 '31J&D5

,Guelph-55 E 1917J&D 31

-- ..1 _, 58 Cons debt 1920____J&J

4% Halifax N S 4s.fuly 1945'Hamilton 4s 1922 A&O

45 Apr 1 1932 A&O 4s Else L & P 1941 __A&O

Lachine P Q 5s 1954_ __J&D

_ 1-651/; Manitoba 59 1920 F&A 98

55 Dec 1 1918 J&D 98

4s gold 1930 M&N 4s Drainage July 1 '29_J&J

Maisonneuve,Q,651918A &J 98Montreal 5% notes '17 J&D 993%

4.05 5% notes 1918 M&N 9931

4%Os Dec 1 1915 MD4 _ 4%s May 1954 b 5.15--_-_ 4

-1 43-is Jan 1944

4 4s1925 J&J b 5.15

4 ___ 4s reg May 1927 M&N b 5.15

4% M&N b 5.15

4s May 1 1933 £ M&N b 5.15

------ 4:i6M&N b 5.

154s May 1 1944 33.s Rfg May 1939 M&N 6 5.15

New Brunswick, Prov of-334s Jan 1933 J&J b 5.15

4s April 16 1921__A&O. jb 56 b5.5.115

100 , 45 July 3 1930 4.25 4s 1932 op 1902 J&J 5 5.15

4.25% 481932 op 1902_F&A 156 5.15

4.25% --- 43-s Dec 1 1925 J&D b 5.15

4.10% North Vancouver, B C-

4.10%58 Jan 17 1960 J&J

4.107 _..- Nova Sco,Prov of, 43 '19 J&J

4.10 4s Jan 1 1920_ J&J

4.10% 4s May 1 1920 M&N

Ontario, Prov of, 55 '20_ F&A b 5.15

434s May 1925 M&N 6 5.15

4s1941 M&N b 5.15

100___ 3348 1936 (tax-exem) J&J b 5.15

10731 Ottawa City 5s, '16-'45 _J&J b 5.15

108 434s '25, '34, '35, '44_J&J b 5.15

100 ___ 3348 Sew Sep 26 '28_M&S b 5.15

1053-i ___ Quebec, Province of-

11031 ___ 5s Apr 1 1920 A&O 99

10434 ___ Quebec City 55 April 1920_ 99

1043- 434s 1922 J&J 5 5.15

100 334s g July 1930 J&J b 5.15

4.65% ___ 33.sJuly 1 1931 J&J 5 5. 15

100 33-s Jan 1 1931 J&J b 5.15

100 33-s July 1 1933 103 Reg Ina 5s 1929

m J:J b 5 . 15NJ&J

10131 ___ 6s May 1 1918 St Boniface,Man,55 '31 J&J2 Saskatchewan, Prov of-

953' 5% gold deb 1918_ F&A 9834Toronto 434s 1923 J&J b 5.20

811150% 9082 %

41

4 s July 1 1924 43-s July 1 1925 J&J b 5.20

4%s July 1 1948 J&J b 5.20

4s Jan 1 1949 J&J b 5.20434s July 1 1953 J&J b 5.20

J&J b 5.20

101%

al 923 434s Jan 1 1955 J&J b 5.204s St Imp July 1922 J&J b 5.20

"-__ 4s £ July 1 1948 4s July 1 1918

J&J b 5.20

9731_ J&J b 5.20334s July 1 1944-'45 J&J b 5.20

91 Vancouver, B C-85 431s Nov 30 1924___M&N 91

9431 48 SA Imp Sept 9 '22_M&S9

. 48 St Imp Sept 9 '27_M&S9

4s St Imp Sept 9 '32_M&S9

10031 VictoriaBC4344.Tan21 '24J&J

5s Feb 1 1919 F&A 9831 Winnipeg, Man 55 1944.A&O

4s June 1 1934 4s Aug 1 1946 F&A 15 ___ ___

------

100%

94938898%

Ask.ToNet. BONDS Bid. Ask.

ToNet.

GEORGIA. _____ ___ 4%s 1922 J&J 3.90

. -------- 45

43.15 ref 1935-1945 ____J&J b 4% 3.90%

. _____ ___ July 1 1926 J&J 100 10231

334s Jan 1917-1935_ J&J 3-.65

Albany-5s 1945 J&D 4.50

. _____ ___ Athens-5s 1922 M&N 4.40

Atlanta-. __ ___ 4345 Redemp 1916___J&J b 4.204.13%

:171 43151922 J&J b 4.20 4.13 0

67 434s Jan 1 1940 J&J b 4.204.13%

4345 Sewer '17-'40 J&J b 4.20 4.13

. _____ -__ 4s Water May 31 '23 J&J b 4.204.13%

. __ 3%5 July 1 '31 & '33J&J b 4.20 4.13 0

Augusta-5s1921 M&N b 4.30 4.25%

100 ___ 4315 Red May 1 '24_M&N b 4.30 4.25% _ --

1003/i -__ 4315 Flood Prot '42_M&N b 4.30 4.251005% -__ 4s refunding 1934 J&J 6 4.30 4.25% _ --

331s April 1930 A&O b 4.30 4.25%Brunswick-5s Jan '21__J&J 98 101 -Chatham Co-5s '16-'19 J&J 4.iii

55 -__ Clarke Co 5s 1923-'41__J&J b 4.504.40%-

--

101 ___ Columbus 55 1916-'22J&J b 4.504.40% _ -101 -__ 5s W W 1916-1944___.T&J 6 4.50 4.409 _-

10231 ___ 431s Refunding 1939_ _J&J 102 104 _-

102% ___ Macon-55 July 1923_Q-J b 4.304.25% - --434s Oct 1926 Q-J b 4.304.25%434s W W 1916-'36_j&J b 4.304.259' _-

-4s Pay & Sew'20to'39_J&JRome 4348 1926 J&J

b 4.30b 4.50

4.25704.40%

---___

101% __-- _

48 Munic bldg '25-'39 A&OSavannah-4%s ref '43_J&J

b 4.50b 4.25

4.40704.137

--._

100% ___ 434s Drainage 1944 _F&A 5 4.25 4.13_

10031 --- 4345 refunding 1959_ F&A 5 4.25 4.13

9931 --- Valdosta 5s 1917-'42___ _Jan b 4.60 4.509,

79 --- IDAHO85 --- 434s May 1 '31 op '21_ _J&.1 43-4

431s Highway '35 op '25J&J 4 34

45 Jan 1 1934 op 1924_ _J&J 434

Blaine Co 5s Feb'22-'31_J&J 4.55

106 --- Boise City 5s '22 op '12_J&J 100

105 _-- BoiseC'ySD55'25op'15MScN 100

Shoshone County-80 --- 5s 1916 to 1924 op '15-1&.1 100

ILLINOIS1005% Chicago 4s 1917 to 1924 J&J

3.90

10131 -_- 4s World's Fair 1921.....I&J 3.90

4s g 1917-1925 J&.1 3.90

9631 --_ 4s g Judg 1917 to '24.1&.1 3.90

9434 --- 48 g Gen Corp '16-'25_J&J 3.90

92 ---1 4s 1917-19:31 J&J ------------3.90

10031 _-_ 45 Ref Wat 1922-1935_J&J-------------3.95

-,-

6 So Park 4s '16 to '24...I&D 6 Lincoln Park 45 1923__J&J '3.95

6 No W Pk 434s '20-34 J&J 4 6 W Chic Pk Is '16-'31 _.T.3a.1 3.95

5.10 Chicago Sanitary District- 5 4s Dec 1 1916 to 1923...I&D 3.95

5 4s Sept 1916-1931_ M&S 3.95

5 334s June 30 1918 _J&D _ . _ 3.95

531 Cook Co-45 1916225_M&S 3.90

9931 --- 4s Ser K 1916-1931 _J&D 3.90

003/s 7 _ 7 4s Ser M 1916-1933 __J&D 3.90

531 334s g 1917 to 1923_ J&J 3.90

534 East St Louis-100 --- 4348 ref Sept 1 '28___ Sept 1 ------------ 4.30

100 --- Moline 434s 1917-'32_ J&.1 4.20

10031 _-- Peoria 434s '16-'24__June 1 5 4.25 4.10%

Quincy-4%s 1916-'17 July 4.15

5% -- 45 ref 1916 to 1917 July 1 4.15

5% ---I Rock Island 53 1916-1923_ 4.15

5% --- 434s Refg 1916 & 1917M&S 4.15

5% - !Springfield 3345 ref '20.Sept 4.15

5 o _-_ -_15% --- INDIANA (sea foot-note o)5% --- oBooneCo4sCH'16-'20 M&N 0 9734 ______ -__

Cass County-5% --- 045 Bridge 1916-33M&N15 oh 431 4.40% ---

5% --- oCrawfordsv 4s '16-'20_ _J&J oh 434 %____ ---

5% --- oEvansville-4s Ref '32_J&J 3.85

570 --- o4s Ref 1942 J&J 3.85

5% --- oEvansvSCy3345'16 '17M&N 3.35

5`70 --- °Floyd Co 4s 1917-'30__J&J 0 98 --

631631FtWay-0334sJan 18'20 J&JoFtWayne S D43'16-'23A&O

o 98310100

---

5.05 oFranklin Co 48 '16-'30_J&D of) 4.15 3.90%

5.05 °Hendricks Co- 5.05 4s C II Jan15'23-'32 J&J 156 4% 3.907o

5% ___ ollunt'ton Co 330'16224.T&J ob ____ 4%

5% - Indianan-4s Mar 1 '24_J&J 4

5% --- 4s Park Imp Jan 1 '27 J&J 4

570 --- o4s Fire Dept J'ne 1 '41J&J 3.75

5% -- o3s Hospital 1936 J&J 3.75

o3318 City Hall 1939_ HO :3.75

5 90 --- oIn lanap S D 4s '16-'26 J&J 3.90

o4s Bldg Sept 1 1946.__J&J 3.90

9934 --- o334s July 1 1941 J&J 3.90

99 _-- Jeffersonville-' 0 --- onis Refund 1925 M&N 05 ___ oKnox Co-45 1916-'20_J&D 0 4

597 oKokomo4s'16-21-26-31M&S 0 4

59s5%

oLafayette 430'200p'15J&D oLa Porte Co 55 '16-'28_J&D

oo 4 4

5 oLoganspt 3345'26op'16 J&J 0 4

100 o4 30 Sch LI '17-'37J&D 15 o 4

5 Marion Co-4s Ref '27 J&D 434

o3348 Bridge 1924____J&J 0

3.90 3.90

99 --- o3345 Refund 1925___J&D 0

5% ___ oRichmond-4s 1927__M&S ob ____ 4.,

570 --- oRichm Sch C 4s '16-'19F&A ob____ 4%

5% --_ oSt Jos Co 3348 '22-'24_A&O o5..... 47 _ __

570 ___ 03%3 1917-1926___F&A oh....._ 4%

5% --- South Bend-o4s 1925J&Job.-__ 4%

57057 --- South Bend School Distri

ct-

5 ___ o4s Apr 17 '18-'27____F&A ob . - 49' _

5 0 Terre Haute- b____ 04%

570 _ o45 Oct 1 '27 opt '17_A&O ob....-- 3.907' . __

5% ___ o4s Sewer 1930 F&A ob _- __ 3.90

__oTerre H SchC45'16-'31M&SoVigoCo434Dec16'16-27J&D

ob-.-ob____

3.907;4 0

_ -.

93_ --

6 045 Bridge 1923 J&J ob-.... 4%

6 6 INDIAN TERRITORY (See Oklah oma)

6 IOWA

9831 Boone 434s 1917-'31_ M&N 4.30

5.30 Burlington 4345 '16-'33111&N b 4.304.15% ---

5.30 Cedar Rap 434s '16-'18 J&J 4.20

5.30 4s 1916 to 1919 J&D 4.20

b Basis. c On basis of $5 to the £. d On the basis of 4 marks to the dollar. Flat Price. h On the basis of $4.8623 to the L. I In London..

Nominal. o Tax-exempt; under a law approved March 9 1903 and which went into effect Aorta 23 1903 bo

nds issued after that date by State

or municipal carplrattaas are tax-exempt. awl V19313 Sill oi bicter hails, a ilia oric3.Digitized for FRASER

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

FEB., 1916.] MUNICIPAL BONDS. 51

Bonds

Cedar Rapids School Dist-43s June 1 1921__J&D

Council Bluffs-4%s Wat-wks '16-'30M&N45-s Fire Eng Wee '20 J&J

Council Bluffs School Dist-4s ref July 2 '20 op '15 J&J

Davenport 4s 1916-'23.M&NDavenportSD4%s1921. J&D430 Sch Bldg 1925J&J

Des Moines bs '16-'21 43-s 1916-1931 M&N45 Funding 1916 M&N4s City Hall l916-26__J&J

Des M Ind S D 4%s'32_J&JDubuque Co 43s '21-'31J&JFremont Co 55 '17-'35__J&JGreene Co 55 1920-25 A&OJackson Co 5s 1916-30_A&OMarshalltown Ind S D-4%s July 1922 J&J

O'Brien Co bs 1920-25_ F&APolk Co 4%s '22-'32_A&015

4s Court House'16-'24A&O33.s Ct House '16-'17.A&O

Sioux Cy-58'17 op '15.M& N48 Jan 1919 opt 1914_J&J

Waterloo-43.4s W W Jan 15 '30_J&J

Woodbury Co 55 '25-'32.J&J

KANSASAtchison Co Os ref 1916_J&J48 Refund '29 op '14 J&J

Emporia-43s Dec '29 op '19__F&A

EmporiaSD4%s'32op'22J&JFt Scott 430 '35 op '10_ M&SHutchinson-5s 1931__ A&O4%s Pub Bldg'61op'31J&J

Kansas City-Os Jan 1 1917 F&A4%s Wat&ElL '18-22 A&O43.s Sch Bldg 1929_ __J&J4%s Wat Plant Pur'39J&J4%s Refg Feb 1 '29F&A

Leavenw.-430 •16-'21_J&JMorris Co 4s '16223__J&JSedgwick County-

/3s Fund 1925 op 1915_J&J4%sB'ge Oct'27op'17_J&J

Shawnee Co-4s 1924__M&NTopeka-5s To Wat Sept '26__J&J43s Elec Light 1929_J&J48 Water April 1 '24_A&O34s Refund 1919____J&J

Topeka S D 4s Jan 1925_J&JWichita-Os 1929 opt 1919 J&J4s 1923 A&O

Wichita School District-4s July 1 1923 J&J

Wyandotte County-4s Bridge '32 to '41 F&A 643%

KENTUCKYTax-exempt; an amendmen

lion of Kentucky passed at theprovides that all bonds of muninow issued or hereafter to bairnsexempt.uovington-43is W W 1919-19.51____48 Redemption 1922_F&A4s Water 1927 J&J4s Funtig 1952 op '42_F&A

Fayette County-43is g Fund '17 to '24_J&J

Frankfort 43is' 27 opt '17J&JFranklin Co 5s '16 to '24_J&JLexington 5s RR aid '18 J&D4s Feb 1945 P&A

Lexington S D 4s 1938_J&DLouisville-4 s Hospital 1951_ M&S4 s School impt 1954A&O45 Mun Imp 1923____J&J4s do Dec 1 '28 Q-M45 Park 1930 J&J45 Ref'g July 1 1937 J&J4s Sewer 1947 RivA35s g Ref'g 1940_ M&N3 s Refunding 1943_J&J38 Sewer & Park 1941_J&J

McCracken County-5s Ref 1933 op 1913_M&SOs Ref 1933 op 1923_M&S

Owensboro-4s'31 op'11 J&J45 Street 1930 op '15_J&J

Paducah 43,6s '18 op '98 J& Dis Oct 1 1920 A&O

LOUISIANAOs Port Commis'n'20-'54A&OSi Port Commis'u '24-'59J&J58 Port Corn '23-'55J&D43.s Ref 1916-1964 F&AAtchafalaya Levee Dist-

15s Ref 1949 op 1939_M&SBossier District Levee-

t38 1922 opt 1912____M&NCaddo District Levee-

Os 1951 op 1941 Fifth District Levee-

/Ss 1950 opt 1940 J&J5s 1952 opt 1942 J&JOs Oct 15 1962 op '52 A&O

Lafourche Basin Levee-15s Jan 1954 opt 1944 J&J

Lake Borgne Dist Levee-138 Dec 1952 opt 1942_J&

New Orleans-.7s gGS &DS July'22.Q-J5s Premium J&J5s Premium (dr num)_J&J I 48 Floating debt 1948A&O 8545 Constitutional 1942.J&J4s Public Impt 1950 opt

95%

1942 (old iss) J&J45 Pub Impt'42op'28_JJEJ

Bid.

10098

999999

64.2564.2564.25b4.2564.2564.30

t to thNov.19cipal cued eh

999999

9964.30b4.30b4.40b4.30

107%108101%101%102102102929282

9964.5096969896

b4.6064.60b4.60b4.20

100

100

102%

100100100

100

100

105/300

Ask.To rNet Bonds Bid. Ask.

ToNet. Bonds Bid. Ask.

Orleans Dist- 4.10 5s July 1959 opt 1929_J&J

Plaquemine Parish E Bank- 4.10 5s Oct 1952 opt 1942_A&O 4.10 Pontchartrain District-

D Os 1944 M&N 4.10 Red River A & B B Dist- 4.10 5s 1950 Series B_ A&O 4.10 bs Mch 1953 op '43M&S 4.10 4.10 MAINE 4.10j 5s June 1 1919 J&D 4.101 4s July 1 1917 J&J 4.10, 45 Sept 1 1916-1953 _ M&S 4.10! Auburn-330 1925____J&J 14.10' 4s 1935 & 1940 J&J 4.10 Augusta- 4.10, 45 Ref 1916 to 1919F&A 4.10j Bangor-4sRef Water'35,I&J

Bath 45 Ref 1941 J&D 4.10 Belfast-43 1918 F&A 4.20, Biddeford 4s '16-'35___M&N 4.10, Cumberland Co 354s J'ne '21 4.10 Gardiner Water District- 4.10, 45 Jan 1934 J&J 4.10, Kennebec Water District- 4.10, 334s g 1920 & 1925 _M&N

Kittery Water District- 4.10; 5s Jan 1917 to 1938 _J&J 4.10 Lewiston-5s 1917____A&O

43 g Oct 1927 A&OPortland-

48 Aug 1 1929 F&A99 4sCity Hall 1926 to'45A&O

334s g Ref July 1922__J&100 ___ Portland Bridge District-100 334s July '16 to '39 ..M&S100 _-_ Portland Water District- 4.30 48 Funding 1928... .J&D 4.30 Rockland-334s 1917 F&A

'Saco 48 Apr 1939 A&O4.15% Washington County-4.15% ___ 45 1928 opt 1923 J&J4.15% ___ Waterville-4s g July 1 19274.15%' ___ 334s Sept 1935 M&S4.15%4.20 % MARYLAND 4.40 48 1926 to 1928

4s 1928 opt 1923 J&J 4.40 4s Jan 1 1929 J&J 4.40 4s 1917-1929 F&A 4.40 4s Roads 1918-1930_F&A

354s July 1919 opt 1914_J&J 4.20 334s Roads 1923 to1928 4.20 Annapolis 434s W W '42A&O 4.20 Baltimore- 4.20 434s Mar 1 1916-55_ M&S 4.20 454s Mar 1 1955____M&S

4s Nov 1 1920 M&N 4.20 4s Water 1926 M&N 4.20 4s Aug 1 1951 F&A

4s Annex 1954 J&D 4.20 4s Parks 1955 NUN

48 Mch 1 1961 M&S4.30% 45 Aug 1 1961 F&A

334s July 1 1930 J&J334s Imp 1940 J&J

e Const itu- 33is March 1945_M&S15 elec lion 3545 Refunding 1952_ _J&Jorporat ions 354 Sew'age Imp '80_A&Oall be t ax- 334s Jan 1 1927 J&J

Cumberland 4 34WW'41A&O4s Water 1923 F&A

4.05 Frederick--- 4s 1918 opt 1903 J&J

------

100-.25%4.254.35 04.15%

-

108%110

----

------

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

1004.40%88989997

4.40%4.4074. 407°°4.15%

------

--

105 ------

112

103103

1043.1100%b3.909564%

99%9998%99

------

------

3.75%96

3.85%

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

b 4%3.85%97% ------

96

643.4%

100101%99

999895

b 4.15

10198

64%,%

999990

43,1%

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

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

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

b 4% 3.85%b 4%3.85%b 4% 3.85%b 4% 3.85%b 4%3.S5%b 4.15 4%b 4.15 4%

b 4.10 4.05b 4.10 4.0597% 98973 08349854 9998% 9834 98 % 98% 999154 92%89 9089 9089 90

------ 8582 84

MASSACHUSETTS49 1916-52 (tax exempt)Var. b 33470354s g Oct 1918 J&J 98 33.4s gold Nov 1923___M&N 963% 9754354s g July 1 1935 J&J354s Water 1942 jtj 99 9231 93434%33s g July 1944 M&S 92 35 April 1 1929

3s Met Sewerage 1936_MAMAIN°S 88969 ------

as g May 1929

38 g July 1 1939 J&J 853.4 38 g Water Jan 1 1941J&JArlington-4s Water '22.J&JAttleborough-4s 1924 J&J

33.4s March 1935__M&SBeverly-4s Water '17_ F&A4s Sewer 1916-36____A&O

B o4s9t oNnv---ater 1919 ------ A&O 993% 1014s Park 1920 jja 993% 1014s July 1936 me.) 993% 1014s Apr '16237(tax-ex)A&O 102

4s 1916-1939 (tax-ex).J&J 102 ------

45 Tunnel & Sub '48_J&D 1013% -49 Sub 1957 tax ex...A&O 102 1035449 Sub 1958 tax ex_ _J&J 102 103544s Tun.&Sub'59 tax ex.J&J 102 1035433.4s Water Apr 1 '17_A&O 9934s Imp Sewage '19.J&J 98. --3%s June 1 1923____J&D 96° -3%s June 1 1924 ----- J&D 96.4 96Y83%8 June 1 1932____J&D 93A 9434334s June 1 1934____J&D 93 9454330 July 1 1935j921 0% 9,43%s June 1 1943-_....J&DN 9

3343 June 1 1944__J&D 907 9235-4s July 1 3s Jan 1 1921 J&J99975 917Brockton, 48 May 1927 M&N3%s Water 1932_ M&N 83g ------Brookline-4s Water 1916 to 1923.J&J 100 ------Cambridge-4s Water Dec 1 1917_J&D 100334s Water May '25M &N6 4%3.9077o3s Bridge 1941

&Chelsea-4s Park 1936_AFdrOA 29S8%Everett-4s Sew 1929 M&S ';5Fall River-4s Municipal, 1922 _ F&A 99330 Water Feb 1930_ F&A 9354 ------Fitchburg-4s Reg April 1 1922 A&O 9954 _ -334s Water 1926 J&J 95

84 85%99% ------99%90 ------99 99

----% ------

4

Gardner-4s Water 1916-1934_M&N b 4.10

Gloucester-330 Water '16 to '31_A&0 b 4.101

Haverhill-4s 1927____J&D 9954Holyoke-4s g 1927J&J 10033.4s Dec 1916-1932__J&Db 4.10

Lawrence 4s 1924 J&J 994s Mch 1 1916-22_ M&S 99

Leominster-4s g 1926_A&O 993-4Lowell-4s Water 1920.M&N 100Lynn-4s July 1927___ _J&J 100

33.6s April 1 1932____A& 64.10Malden-4s 1921 M&N 100334s Water July 1 '24_J&J 95

Marlborough-is rly'26..J&J 99Medford-4s 1917 M&N 99,45 Feb 1930 P&A 99Melrose-4s June 1924_J&D 99Methuen-4s 1928 P&A 99Middlesex County-4s 1916 to 1924 J&D b4RMilton-3%s '16 to '32_F&A e4New Bedford-434s 1917 A&O 100344s Water Apr 1 1926 Add) 1004s Sewer 1916-41 (taxexempt) M&N b 3.70

334s 1923 F&A 1 94%Newburyport-3345 Water '16 to '34.J&Dlb 4.10

Newton-4s Water Aug 1935 F&A 10033-4s Water Dec 1926.J&D 9534Northampton-33.4s g 1916 to 1926__JJO 4.10%

Pittsfield-48 Sch May15•16to'17M&N 4.10

Quincy 4s Sep 3 '16-'22M&S.b 4.10354s April 16 to '39 _A&Ctb 4.10

Salem-45 1916 to 1.920.J&D 994s Jan 11932-1954 b 3.75

Somerville-4s July 1916 to 1919__J&J 0934

Springfield-4s g School Jan 1917_ _J&J 10033-sg 1916 to 1918J&J 9854330 School 1925 J&J 963%3s Sewer 1930 J& 893%Taunton-is 1927 J&D 100:334s Sewer Dec 1 '30.J&

Wakefield-4s Water 1916-1933A&Oi 9934

Waltham-35.0 July 1920 J&JI 97

Watertown-4.s '16-'34_Jk3 0954330 1917 to 1929 JJa b 4.10

Wincheeter-4i SewerDec 1 '18-'24.Jk 993-4

Worcester 49 1922 A&O 10045 Jan '23 (tax exmt) J&Jr

94

TiNei.

------------------------4176

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

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

3.90

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

3M%

4%

------

4%

4%4%4%

------------9790%

------4%

97

e (o)

3%

b 4%b 47b 4b

3.90%3.90%3.90%3.90%

4.20

4.20

4.104.10

4.304.304.954.25

4.10

b 4%3.95b 4 %'3. 95b 4% 3.95

99 100

100

334s Apr 11932 Adt0iMEXICO

See Foreign Gov'ts page 501

MICHIGAN (See foot notAlger Co-5a Road '22_F&AAnn Arbor School District

4s Sept 1916 & 1935A&()Battle Creek-5s Water 1916 to '17M&.4s City Hail 1927-'36_ F&A

Bay City-4.58s 11992304 M& J&J

oBay Co-5s Dec 12 '19.Jko4a Ref Dec 15 '23 J&I>

Detroit-49 Sewers Apr 1 '22__A&Oo4s Mar 1 1944 M&S3.65s Pub Imp 1918 J&J354s Park 1930 M&S

oEscanaba 434s 1917-30 J&J°Flint 434s '16-'39 F&AGladstone-434s 1919_M&NGrand Rapids-434s Flood Protec'33.M&48 Market reg 1916__M&N4s Water Nov 15 '29_M&N

Highland Park 5s 1928.. ..J&J04345 Sept 15 1934M&S

Holland-4m Ref '17-'23.PeKalamazoo-o 4%s Sewer& Imp '16-'25 J&J

4s Water 1920 J.1 1Lansing-5s 1916 to '23.J&

Maruette-4s 1916_ A&O354s Ref Water 1926_J&J

Muskegon-5s Water 1916-1925J&J434s W W 1916-'44 J&J4s May 11034 M&N

Muskegon School District-5s 1942 July

Muskegon County-434s Jan 1 1932 J&J

Port Huron-4s Ref'g 1919 4s Jan 1 1932 J&J 354s Park July 1 '20__J&J

Saginaw-4%s Wat May 1 '25_M&N 4s Sewer July 1918___Jcla 334s Wat Mch 10'20.M&S

Sault Ste Marie-5s Ref'g Apr 1 1917__A&O 43.4s Bridge July 1 '20.J&J 4s gold July 1 1932_ J&J

Wyandotte-43.fs 1934.J&D

MINNESOTAAitkenCo4 %sDec'16-'24 Aug Beltrami Co 454ti'16-'24..I&D

53-4s Ditch 1923-34..J&D Brainerd-.5s Nov 1919-1929 Cass Co-Os Ct H'se '22A&O Clay Co-434s 1910... __J&J bDuluth-

Os g Water & Lt 1926_J&J b43is g July 1 1926_J&J49 g Water & Lt '23_A&O b4s Water & Lt 1936_A&O b

4.50

------

4-H)4.20

4.204.204.20

4.15

4.154.154.15

4.15

4.154.304.304.30

4.154.154.15

4.30%

4.2014.304.80!4.304.30

92 92X89541 91- -

b Basis. f Flat price. n Nominal. o Tax exempt; under a law approved May 13 1903, and which went Into effect Sept. 1 1909,after that date by municipal corporations are tax-exempt and these. accordingly sell on a better basis.

4.20 4.1574.20 4.14.20 4.154.20 4.15

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

52 MUNICIPAL BONDS. [Vol.. 102.

Bonds Bid.

Duluth Ind School Dist-bs May 1 1923 M&N4s Feb 1 '40 op '30_ F&A4s 1934 opt 1924 A&O

Hennepin County-4s Ct 11 Apr 1924_A&O

Koochiching Co 5s '19-'33J&J5s Ditch 1921-35_J&J

Minneapolis4%s Impt 1916-1935_J&J4s g July 1920 J&J4s School Jan 1927_ J&J4s Mayl, 1927 M&N48 School Jan 1 1935_J&J4s Improvem't 1937_ _J&J4s Improvem't 1942 _J&D48 1944 A&O33s School Jan 1 '29_ J&J33.s Water-Wks '32_ _J&J

Ramsey Co-3 May 6 1921 .M&N

Red Lake Co-5 Ms'20_A&OSt Paul 4s Sept 1917 M&S4s Water 1918 M&S43s July 1935 J&J4s Park June 1 1943J&D4s Sewer July 1 1943J&J4MsWater Aug 1 1943F&A48 Ref March 1 1939_M&S48 Sew'age July 1 '39_J&J48 March 1 1940 M&S3s April 30 1922_ _M&N

South St Paul 5s ref '33 J&J

MISSISSIPPI43.s 1919-1934 J&J48 State Jan 1 1919___ __Jan33s Refund Jan 1 1927_J&J

33.s State 1934 op '14 J&JGreenville 68 1920 J&J58 Refund Sept 1927_M&S

Jackson 53.s July 1 1933J&J58 Wat Aug 1 1928 __F&A58 Water 1930 F&A58 June 1 1932 J&D

Meridian-6s May '24_May58 Dec 1 1939__J&D43.s Bch House 1941J&J

Mississippi Levee District-58 May 2 1944 M&N58 July 1 1953 J&J43.0 Sept 1934 M&S

Vicksburg-5s 1916 F&A58 St Impt 1916-'32 F&A

43.0 Sewer Dec 1 '28_Dec

Yazoo-Miss Delta Levee Dist68 1947 option 1917__J&J5s 1924-1954 M&N43-8 July 1949 J&J

48 1952 option 1922 J&J

MISSOURI

3_,Ms Cap Bldg '16-125optJ&JKansas City-5s g (Westport) 1916_J&J43s Sept 1 1930__M&S43s March 1, 1933__M&S48 Market House '24_J&J48 Water 1924 J&J48 Park & Boul 1924_ _J&J48 Sept 1 1930 M&S

Kansas City School Dist-43-s July 1 1933 J&J48 July 1 1927 J&J4s July 1 1930 J&J4s Bldg 1932 J&J3s Jan 1923 J&J33.s July 1925 J&J

Lafayette Co 3 Ms 1921_J&JLittle River Drainage Dist-53,5 Oct 1919-1933_ _Adr0

Pettis County-48 1918 opt on 1908_M&N

St Joseph 48 1923 F&A48 1924 M&S4s 1926 M&N

St Joseph School District-43s 1925, 1930 & 1935_

St Louis-43s Bdge-Compl '35.A&O48 Renew g 1918 J&J4s Insane Asy'm '28_A&O48 Public Impt 1028.. J&J4s Public Bldg 1929_A&O4s WW Renew '31_ _M&N3.658 Ren Jun 25 '27.J&D3s Renew g 1918__J&D338 April 1 1925_ A&O338 g April 1 1922_ _ A&O

Scot'd Co 4 Ms'17 op'07.J&D4s 1917 opt 1912J&D

Springfield-58'32 op'17.J&DMONTANA

Billings 58 1934 op '29_ J&JBozeman-58 '19 op '09_J&JButte-4s Dec 1 '25 op '15_J&J

Butte School District No 1-43.5 1924 opt 1914.. J&J

Cascade Co-4s'21 op'11.I&JCuster Co-68'25 op'15_J&JDeer Lodge Co 5s19op09.1&JGreat Falls 58 1918 J&J48 1923 option 1914 J&J

Great Falls Sch Dist No 1-4s 1925 option 1915_M&S

Helena-4s Ref 1916J&Jbe Wat-Wks'31 op'16.J&J

Helena S D No 1 438'22J&JJefferson County-4s Ref 1916-1919_ J&J

Kalispell 58 1933 J&JLewis & Clarke County-538 C H g '16 to '19 J&J

Lincoln Co 5s '32 op '27_J&J5s Fund Mch'31 op'21 J&J

Missoula 4 Ms '24 op '14_J&JMissoula County-48 Ref 1921 opt 1911_ F&A

Yellowstone County-5s Ref 1918 op 1908J&J

b4.2564.25b4.25

b4.20

b4.10b4.10b4.10b4.10b4.10b4.10b4.1064.10b4.10b4.10

Ask.

4.20%4.20%4.20%

4%

ToNet.

47494e4%4%4%4%4%4%

4.05 4.05

b4.10 4.00%b4.10 4.00%106 107b4.10 4.00%b4.10 4. 00% _b4.10 4. 00% _b4.10 4.00%b4.10 4. 00% _b4.10 4. 00b4.10 4.00

b 4.25b 4.25b 4.25b 4.25

10110195

b 4.75b 4.75b 4.75

b

101100%9890

64.10

b4.20b4.20b4.20b.420b4.20b4.20b4.29

104989898949396

98989898

106100100%100%100%100%

4.10%4.10%4.10%4.10%

102M102M97

4.6574.654.65 0

102102%10091

3.90%

4.10%4.10%4.104.10%4.10%4.10%4.10%

0

47E64.504.504.504.504.504.604.604.60

100

98

53%

99999999

4.15

108

------1:--------i =--------

94

-----

100

- loo --100

100100

100

100

----

4.50

4.65

4.65 4.55

'4.55 4.55

-----

4.554%

43i

4:56434.554.554.55

Bonds. Bid.

NEBRASKA.Dodge County-

48 Ref 1919 op 1909-M&S Douglas Co-4s'18-'28_A&O 33s 1922 J&J

Fremont Prec't (Dodge Co)_48 Ref 1919 op 1909_M&S

Grand Isl 4 Xs '25 op '10 .lit..1 Lincoln-4Ms'16 to '19_F&A

43-sRef'20 to'29op'20F&A 45 Ref 1919 op 1909_M&S

Lincoln School District-4s 1924 opt 1909_ M&N

Omaha 4s 1916-21___Mch 4s Renewal 1924_J&J 4s Mch 1 1932____M&S 4 Ms Refunding 1934_J&J 4s W W Dec 15 '41_Jctr.J 103%48 Funding 1918. ..M&S

Omaha S D 4s 1928J&J 43,0 July 1931 48 Jan 1919

So Omalia43,s '24 op '09J&D -----

SouthOmahaSD-5s1923J&J bs Dec 1929 J&D

NEVADAReno-5s 1924 op 1909_J&J 100WashoeCoSD 58'161o'29M&S

NEW HAMPSHIRE3s Hospital 1916-'25J&J 97%

Berlin-4s Ref 1917_ M&N 100Concord-4s 1923 J&J 1003-3Ms 1924 to 1929__J&J b 3.90

Dover 33-s '28-'31__J&Db 3.9048 1916 J&J'b 3.90

Keene-4s 1916 to '17_A&Ob 3.90Laconia-4s 1924 A&O 101Manchester-4s 1917 _J&J 1003Ms Fund Apr 1 '19_ A&O 98M

Nashua-38 1923 A&O 93Pembroke 48 '24-'34_ _F&A Portsmouth 4s g Sch '23_J&D 1003'

4s Ref Water 1932_ J&J 100MRochester-4s 1922 J&D 100MSomersw'th-4s '16-'18 Adz°, 100

NEW JERSEYAsbury Park-5s 1924_J&D!b 4.40 4.30%43%s School Jan 1943 _J&J;b 4.40 4.30%

Atlantic City-5s 1925_J&D;b 4.25 4.15704s g Water 1926 J&J,b 4.25 4.157043s Paving 1938_ _J&J lb 4.25 4.157043-s4Ms Jan 1 194 4s Water 1944 J&J :b 4.25 4.157

4s Water 1930_ J&Jb 4.25 4.154,5 J&J b 4.25 4.15

Atlantic Highlands-48 g Sewer July 1 1928 J&J

Bayonne-5s Fund 1928 J&J b 4.35 4.30704 Funding 1931_ __J&D b 4.35 4.30%

4 s Jan 1 1933 J&J b 4,354.309'48 Floating Debt 1928 J&J b 4.35 4.309

Belleville-5s Fund1924-1934-1944_ __ M&N_ 4s Funding 1945

Belleville S D 58 '27-44M&N

Bergen Co 5s Dec 1 1919J&D

5s Dec 1 1944 J&D

4s 1916-1939 A&O 43s Aug 1917-1938F&A 48 Bridge '16 to '24_ F&A 4s Court Hse '16-'38_ A&O

Bloomfield 5s '16-'23 _M&N b 4.30 4.25%

Camden-4s Wat '23_J&J b 4.25 4.207

45.s Dock 1930 A&O b 4.25 4.20%

4s 4 Ms School 1943 A&O b 4.25 4.20

48 Paving 1929_ _M&N,b 4.25 4.20%Camden Co 4s 1933_F&A! 103% 104%

48 1944 J&J 1 98 99Cape May-58 1934_East Orange 43-s '25-4-5 F&A b 4.35 4.25

48 1934 A&Ob 4.35 4.2545 Water 1933 MED b 4.35 4.25

3Ms Water 1933A&Ob 4.35 4.25 0

Elizabeth 43.s 1953_ _ A&O b 4.30 4.25%

43.s Sch Jan 1 1955_ _ J&J b 4.304.25%

4s 1922 op J&Jb 4 . 30 4 . 25 %

Englewood-4s Sep'35_M&S1 Essex Co43is Road1953F&Al 106% 108

43-is L'd Purch '17-'46 J&J' 64.15 4.07%

48 1926 F&A 99 100

48 g Park 1938 F&A 98 100

45 H M

Hospital 1946 F&A 98M 100

3.65s Park '17 to '35_ F&A b 4.15 4.05%

Fairview-5s 1944 Gloucester Co4Ms'17-'26 var b 4.35 4.30%

Guttenberg-5s Ref Apr 161916 to 1918 A&O

Hackensack-438 1942 F&A, Harrison-4s 1930 J&J Hoboken-4s 1919_ F&A 64.104s 1940 J&J b4.103Ms 1931 M&N b4.10

Hudson Co-43s 1948.A&O 4s Road 1923 J&J 4s May 1 1950_ _M&N1 4s g Park 1959 & '54_M&N, 4s County Bidge 1946 F&A1 4s g Ref 1935 F&A 3s Bridge '16 to '20 A&O

Irvington 5s School 1963J&Db 4.35Jersey City-

5s gold Assess 1924_M&N b5s Water June! 1921_ J&D b5s Assess April 1916_A&O b4Ms Refunding 1928_J&Jb43.s School 1945 J&J b43-is Water 1961_ __A&Ob43is Sch Mch 196-1__M&Sb43j8 Park Mch 1961_ NUS b45 Water 1932 A&O b48 1935 J&D b48 Refg 1949 F&A b33.8 Refunding 1920_J&D b

Kearny 43-s 1936 F&A43.js April 1962 A&O

Long Branch 5s 1943 M&N 1083'45 June 1 1935_ J&D1 95

Mercer Co-4 Ms 1933_ J&J b 4.2548 Road 1933 J&D b 4.25

33-s April 1941 A&O 6 4.25

Ask.ToNet Bonds

105

-----

----------

3Tio --3.803.803.80--

-- _ ---- _ --

0

-----

4490

4.20%

4.20 4.10%4.204.10%4.20 4.10%4.204.10%4.204.10%4.20 4.1074.20 4.104.20 4.104.20 4.10 04.204.109'4.20 4.10%4.20 4.10%

11096

4.20%4.20%4.207

Middlesex Co 43s'24-'34 J&J b 4.25 4.20 03Ms Bridge '22 to '31_J&J b 4.25 4.20%

4.154.15

4%4%43

4%4.154.154.154.15

4.154.204.204.204.304.304.30

4.70

3.80

4.50

4.254.254.254.104.154.154.154.154.15

4.30

4.(16

4%4.404%

4:i84.154.154.154.154.154.15

4:554.30

Montclair 458 Sch '41_A&O43.s H Sch Bldg '44_J&D33.s School 1932_ _J&J

Morris Co-48 '35 op '05 J&J45s 1942 opt 1922 _J&J

Morristown 45s '18-42.J&D 64.304.25%Newark-45s 1944____ F&A 107 1083.45s Dock 1959 F&A 109 11048 Refunding 1923 M&S b4.10,4.05%48 Sch House 1959 op 1949 64.10;4.05%4s PasValSew'filop'51J&D 64.104.05%35s 1929 J&D 64.104.05°o35s Track Elev '54_F&A b4.104.05

°Vailsburg 45s 1934__J&J b4.104.05 70

North Bergen 5s 1941 _J&D 1 New Brunswick 48 '22_M&N

No Plainfield 5s 1916-1954._ b4.4014.30%Nutley 58 1933_ _ -- J&D 1075'1 108MOcean City-5s 1-94-4-__Orange-5s '23 to '32_ _J&

64.8514 . 80%

58 Water 1938 F&A45s Sewer '16 to '21_A&O45s School 1943 J&D48 Sch House 1034.. J&D

Passaic 4s 1916-'40_M&543,0 Sch 1942 J&J b4.204.15%45s Ref 1944 M&N 64.204.15%

'

35s 1916 to 1920___F&A b4.204.15%Passaic Co-4s '20-'24__J&J b4.204. 15%Paterson-5s 1916-'22_ A&O 64.20 4.15%4 Ms 1933 to 1944_ Mdr N 6b4..220044:1155%%43s Feb 1 1945 F&A

4

48 N C Hall '23 to '32_J&J 64.204.15%Perth Amboy 458 Apr 1944_45s School 1938

Plainfield-1s '16 to '34 J&D 45 School 1959 M&N _ _

Rahway-4s Adr22 op M&N 95 96Ramsey bs water '21-'40_Ridgewood 5s 1916-'26_ FAr-A Sea Isle City 5s 1943_ F&ASo Orange-4s '16 to '44_J&JSummit 45's Sch '41_ _F&481933 M&N

Trenton 45's May '24_ M&N 64.05 4745's Water 1943__A&O 64.05 4f48 Fund 1934 A&O b4.05 ,448 City Hall

1939_- _J&D 6

35's Sch Nov 1 1929-M&N 4:0 46405

5490

Union Co 45'8 1937_ Al&45'8 1942 MAE,45 Oct 1 1942 A&O

Vallsburg-See Newark.Weehawken-45'sFd'20 Pct45's Funding 1916-'28J&D

West New York 5s '36_ M&SNEW MEXICO

41%8 ref 1953 op '33 .....J&J45'8 Dec 16 '52 op '22_J&D48 Ref June '33 op '23_M&S4s Bldg 1929 op 1919 M&N48 Fund 1939 op 1929_M&S4s Highway 1921-1044.. J&JAlbuquerque 45's '29_M&SBernalillo Co 6s '22 op'12 J&J

be 1931 op 1921SocorroCo5s 1941 op '21A& 0

NEW YORK45's Highway 1963 M&S

45'8 Canal 1964 J&J

45's Canal 1965 J&J

45's Highway 1965 M&S

45's Barge Canal 1045.. J&J

48 Canal Term 1942... J&J4s Canal Term Jan 1946_ __4s g High Imp Mch '58_M&S48 g High Imp Sep '58_M&S48 High Imp Mch 1980.. M&S4s Canal Imp July 1960_J&J4s Canal Imp Jan 1961_J&J4s Canal Imp July 1961_J&J48 Highw Imp Mar '61_ M&S48 Palisade Park 1961.. _M&S4s Canal Jan 1962 J&J48 Highw Imp Mar '62 _M&S48 Highw Imp Sept 1965_ _ _ _4s Canal Jan 1966 3s g Jan 1 1923 J&J38 g Jan 1 1956 J&J38 g July 1 1958 J&J38 g Canal Jan 1 1959_ J&JAlbany 68 1916 to '19_M&N

45's Water 1916-34_ M&N45's Oct 1963 A&O45's Water 1932 M&N45's 1916-1954 J&D4s Park 1920 to '30 M&N48 High Sell 1917-3L F&A35's Pub Imp 1917-24P&A

Albany Co-35's'16-25 F&A35's Aug 1 1925. F&A45'8 1936-1937-1938_ M&N

Aubu'n-45'8Dec6'16-'31J&D4s Water May'16-'25M&N

Binghamton 48 328&'29_F&A

33.s Bridge l935.. ..F&A

Broo lyn-d-68 1924„iti58 Bridge 1919 48 Bridge 1926 J&J

4s School 1920 J&J

35's g 1917 to 1937 J&J35's g July 10 1925_ _ _J&J35's gold 1927_ J&J35's g July 10 1934_JM35's gold 1936 38 Bridge 1925_ ____ J&J

Buffalo-7s 1924 & 1925 J&J

68 Parks Jan 1 1924 J&J45's Nov 15 1933M&N

4 MsSchNov15'16-'33M& N

45's June 15 1944 J&D 15

45's June 15 1964_ J&D 15

45's Feb 15'62 op'32_ IP&A48 School Aug 11029 F&A

4s Serial 1916 to '29_F&A3.90

4s June 15 1916-'30_ J.1,&103 64 0 3.90D 3.9

4s June 15 1960 35's Park Reg 1927_ F&A

b4% 3.90

3M8 Water 1916_-35_M

_1935 M&S&S bb4.5 41%3.. 0 910

Elmira-48 1935_

04.10

45's Water 1916-1945A&O b4.15

4

Bid. Ask.

b4.20 4.15%

10834 109%

100

100

----------

114%114% 1075' 107% 106 1055' 106%103% 1045'103103103

1025'104%103%1025'102m103%

1035'98979797

------

1045'

103

ioli100100100100

b4.05 3.90764.05 3.900b4.05 3.90 064.05 3.90764.05 3.90°1064.05 3.90/a64.05 3.90764.05 3.0064.05b4.0564.0564.10b4.1064.15b4.15b4.1064.1064.10b4.1064.1064.1064.10b4.1064.1064.10b470b4%64%64%64%64%64%64%

90913.903.90

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14.75!4.1514.154.154.15

4.304.40

4.304.304.304.304.30

4.304.304.304.30

4-.654.404.854.354.354.35

4.154.154.10

4.304.30

4.304.154.154.154.154.15

_

-

100

4.55

Basis. f Flat price. n Nominal.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

FEB. 1916.] MUNICIPAL BONDS. 53

Bonds Bid.

aa

883

388348 Stk April 1 '54_ _A&O 888348 Nov 1 1929____MAN b 4.18 3.808. Os Co '17-'21 Ex__J&J b 4.17 __-as g Dock 1924 Ex_MAN 4.173s g R T 1950 Exem_ MAN,b 4.20

Mils:a Falls-4s Nov 192113 s 1942-1945 MAN

North Tonawanda 48'24A&O,4W 1916-1925 JAD1

Oneida Co-33-4s '17-'28FAA1Onondaga Co 3s '16-'29_J&J434s 1917-26 J&J

Orange Co 334s '17-24_ Feb 11Ossining-4 18-'42_MAgOswego 4W '20- 29__MAN13Ms 1916-'22 Adr0

Penn Yau 4.35s '16 to '310ctIPo'keepsie 4348 1922 F&A3348 1916 to 1930_ _MAS

Putnam Co 43,0'18-12-9_F&AQueens Co-48 1917_ JAD4e1927 .J&D

Richmond Co-d is g '21.J&JRochester-4W Fdg Apr '444M8 Jan 15 1933 JA.11 106 107344348 Municipal 1945.M&S 4s Sch 1917-1945_ _ _JA.1 b 4.05 3.85%4s 1917-1936 JA.16 4.05 3.85%48 1922 to 1927 4s Jan 1946 J&J b 4.03 3.85%• s Imp July 1 1924_J&J 3 Ref 1933 op '13_J&J b 4.03 3.90735s Bridge Sept 1 '21 J&J b 4.05 3.90%

Rock andCo-48116-34 MAS 33,0 Fund '10 to '24_JAD

Rome 4Ms Sept 15 '31_ _JAI() 4.10 4%Rye-5e Mar 10 '16-'38 WAS Saranac Lake434s'17-26M&S

4.45s FireHouse'16-'39.11;&J Saratoga Co 5s '17-'18_ FAA Saratoga Springs-4Me Park 1916-'40 __A&O

Scarsdale 4 '20-'45_ A& D Schenectady 58 '16-'33_J&Jh 4.03 ------4Ms 1916-1931 A&O b 4.03• Pub Mkt '16-'30 A&O b 4.05 ______4Ms 1916-1934__J&Jb 4.05 ____

SchenectdyCo4Ms'42-'58J&J Solvay 4 1916-40___FA A Suffolk Co 45,is '24-'32. .J&J Syracuse-4s Wat 1920_J&J 4W 1916-'35 Var

441 Refunding 1929___J&D 330 Water 1928__J&J its Water July 1 1920_J&J Tonawanda 4W '17-'42_JA.I Troy-434s 1916-1925__J&Db 4.03 4%4 sSchoo1 1916-31_1?&Ab 4.03 474s Water 1916-1925__J&Db 4.031 43i‘s Water 1916-33__J&Jh 4.03' 4

To,Ask. Net.' Bonds Bid. Ask.

Utica-4W '16-'35___ MAN b4.053.95%

334s Nov 1 1916 to '35Njaonv bbt:0055 33:99554s 1917 to 1919

Warsaw Union Fr S D No 10 I4 434s 1920-1942 Oct3.95 Watertown 4Ms 1942 J&J

4s May 1 1938____MAN33,68 Sewer '16 to '27.MAN

West Seneca 5s '16-'38_Adr0Westch'rCo 3 i-fs'27&'28J&D43s Co Bldg 1927-44 Adr04s 1930 to 1935 FAA4},is San Sew '33-182_J&J

-_-_-_ White Plains-4s '16228 FAA3}is Water 1931 _A&O

Wolcott4MsJ1y15'16-'42JdrJYonkers-4s '18 to '25 .MAS 64.15 4%4s Water '16 to '22 Adr0 64.15 4%3W; May '16 to '24 F&A 64.15

1 4%

NORTH CAROLINA6s Construction 1919 A&O 64.30'1.10%4s Refunding 1950 J&J 99 ' 101

3.90 Asheville 5s Ref 1941_ Ili b949.60 41.5001%94s Building 1951

3.90 5s School 1943_J&J 64.60 4.503,90 4s April 1922_ _ __A AO b4.60,4.503.95 Buncombe Co 5s "16--'46 JAD b1.60,4.50 Q4 Funding -- 64.604.5074 Charlotte-5s St&Sew'29.J&J b4.504.45%

4 4348 Water Mar 1935_J&J 64.504.454

4 4349 Water Oct 1 '41.A&O b4.504.45%

4 434s School Oct 1 '41...J&J b4.504.45%434s July 1 1942 JAJ

3.95 Durham-4 WSew&Lt'41.T&J3.95 Granville Co-4W '39_MAN3.95 Greensboro-5s W W '30_ JAJ 64.60,4.507

4 FAA 64.60 4.503.95 8Aug

4s Water-Wks 1954 j&J 64.60,1.504 Greenville-5s 1937 _ _JAJ 64.60,4.504 Iredell Co 5s Aug 1 '42_ FAA 61.60,4.50 0

Lee Co 5s Road 1952__MAN 61.60,4.507Lincoln Co 58 1943&1948 MO 61.60,4 .50MecklenburgCo-6q'20.M&N 64.60,4.50 o58 Fund 1916-1936_ MAN 64.6(3(4.50%4548 1943-1947 _ MAS 61.60,4.50%

Raleigh 6s 1917-20 J&J 61.50,4.40%.:•__ 5s 1927 A&O 64.504.40%

5s Munic Bldg 1939__J&J 61.504.40%5s Water Wks 1943_JAD 64.504.40%58 Impt June 1 1944_J&D 64.50,4.40%

: _ _I Rutherford Co 5s '23-'52.130 64.6014.55%' Weldon 6s Jan 1924-1942 I ___ Wilmington-5s F'd '22__JAJ 64.55 4.50%

5s ref & impt 1955_ A&O 107 34 109_--; 45,is g Wat dr Sew'48.A&O 64.551.50%--! 434s Vat A Sew 1952_J&I b4.5514.50%

4s g Ref July 1 1929__J&J 64.554.50%_' Winston-Salem---5s '24M&S 64.554.50%5s gen impt 1944__ _J&J b4.554.5074W July 1 1952 J&J b4.554.509NORTH DAKOTA

43 Fund'g Mar 20 '21__MAN ___,I Ward Co-4s July 1925_J&J ___' OHIO (See foot-note 5)

*Akron-5s 1923 *5s '19, '20, '24&'28 MVa&r8.*5Y04 W W 1924____ MAS b 4.201.10%__ _I *4 iiWWDec31'18-37J-D31 45 W W 1942 Adr0

Alliance Ois '27-'32___J&D Ashland Co *55,is BridgeApr 15 '16-Oct 1 '23 A&O

,2 Butler Co 4W '21&'24 _J&.1 ___ *4i4s Fl-Emerg'21-'31MAN ___ Cambridge-434s'17-'34 JAJ

4s 1923 J&J 4:15 *58 Sew 1953 MAS 4.15 Canton-*5s Sew 1953_MstrS 116 118b 4.25' 4W Water-Wks '30_MAS 4.25 4s '21, '22, '26 A '27_FAA 3.90 Canton S D 4s '17-'18_MA8 3.90 *59 Apr 81954 A&08 3.90 Cincinnati-s4WSt '32 JAJ 4 5434s July 1943 J&J 4 414W Park 1953_ MAN 4 *4349 Sewer 1955_ A&O 4 48 Aug 1 1934_ _FAA 4.10 4s s f 1941 opt 1921__J&J 4 , 48 Sept 15 1949 WAS 4 3.658 g Feb 1937 _FAA 4 3W Ref '56 opt '36-MAN 3.95 334s 1938 opt 1918 ._FAA :3.95 34s Water ',15 op '25RAA 4 1 3 s Ref 1952 opt '32...T&J 3.85 38 ater 1939 op 'ig_p&A

Cinc S D *43,6s 1934_ A&O 13 3551 48 1936 opt 1906.. m,ts 3i4s 1940 opt 1912__AAO

Cleveland 58 1918_ A&O 3.85 *5s St impt '16-'19_ MAN ---I *4W St imp Feb 1 '34F&A 6 4.15 1. 6:W",,3.85; •454s St Imp Feb 1'32 FAA b 4.15 4.05,3.851 *4W Mch 1919_ MAS b 4.15 4.0:5703.851 *4 iis Fire dep '16-'55A&O 3.95' 4 MsCiarkAv Bdg '42_ A&O

1

3.95; 44s Bridge 1931_ __AAO 1

4- -1 4(s Park 1938 4.10s Paving 1930. .A&() 4.20, 4.108 Sew Const '30_A&O 4.20' 4s Refunding 1918_ _A&O4 1 4s Water 1920 4s Infirmary 1920 A&O

4.10 4s Sewer 1925_ AAO_JAI) 4 I

4s Park 1929 A&O

4s Refunding 1927 _A&O

4s Park 1931 48 Sewer 1919

AA0 I

4s Park 1924 NUSAA° 3:90' 48 Grade Cross'g '30_ A,A0

3.95 4s 19223.9(1 Cleveland S D •4343'16-'35 Adr0 3.90, 4s July 1-1932 J&J 3.90; Clifton (in Cincinnati)-

3.90 ' 454s Water 2d ser '22 AA0 3.90, Columbus-! iisSew'21M&S; 3.90 4s Dec 1 1927 _JAD 43 Sewer '33 opt '13 MAS 4s Wat-W '45 op '20.WAS 3i4s 1932 opt 1912 ___JAJ

Columbus S D 4s 1926_ WAS fikis March 1 1923MAS _

NEW YORK (Concluded)!Elmira 3W1 Red '16 to'21J&Jb 4.15 470Erie County-434eRd'16-'36 tax-ex_J&J,6 4.05 3.95%

clFarRockaway 5s '16221J&J Franklin Co 4;0'31-'40 MAS Fulton-3.40s '16 to '29 J&D;b 4.10,4 .05%Geneva-4s Water '26_ A&O,b 4.104.05%Glens Falls-4 54s ref sewer;Aug 31 1917-1928____FAkb 4.05 3.9570

Haverstraw 4.12s'16-'37M&S,b 4.15 4.05Hempstead-d-4sg 1923_J&J,6 4.15 4.05Herkimer-4%s'16-'27MAN1b 4.15 4.05Homellsville-3 '21.ENkAl6 4.15 4.05Hudson-48 Wat '16-'22 Julylb 4.15 4 . Or4348 High Sch '25-'32 Adr0,6 4.15 4.05

Ithaca 4.30s '27 op var_J&Jb 4.05 3.95 oOis Ref Water 1942_JA.1!) 4.05 3.9570

Jameet'n 48 Alch 20 '43_AA0b 4.05 3.95%aiings Co 48 May 1 '16-'44 Kingston 3Msg '16-'36_AdrOb 470 3.9570434s 1916-1923 Pa() b 470 3.95%

Long Island City-d4He 1916 to 1923 MAS 45 Water Sep 1 1920.MAN 3348 VVat May 1 '20_ ALAN

Madison Co 43is'17-'29 Feb1 alIddleport 4.358'16-'42 JAD 4.358 sewer '16-'39._ _JAD

Aliddietown--3348 '31 _F&A Mt Vernon 430 '31-'43_ AM) 4Ms Sch 1962-'73_ __MAN 48 Sewerage '50-'55_ _ MAN

Nassau Co-4%s '20-'29 J&J, 434s 1938-1943 JAD 334s Court House '30 Al&

Newburgh 4348 '17-'34 FAA NewRocbtelle4 34e'16 -22MA N 48 1916-1930 MAN 330 1916 to 1933____JAD

New York City-6% notes Sept 1 '16_ AlAS 10134 1023i670 notes Sept 1 '17_ MAS 103% 1044348 June 1965 JAI) 107 10734

4 s (old) May 1957 MAN 10734 107344 s 1963 4$8 June '16-'30 J&D b 4.10 3.95%

NIA:S 10634 10734

434s new) Nov 1957 MAN 10734 ______s old) May 1917 ALAN 100U 101

430 new) Nov 1917 MAN 101 102

434554

1960 434s Alch 1 1962 M&S, 10134 102

418 1960 opt 1930_114AS 10234 102AlAS 101% 10178

43,0 Alch 1 1964 PAAS, 10234 1023i48 Nriudous 1936____MADC 978a 08%48 Nov 1955 MAN 9734 983,4,48 Various 1958___ _MAN 9734 983448 Various May '57_MAN 98X 9948 Nov 1958 MAN 98% 9948 Ala 1959 MAN 983/ 99334s Exempt 1922 MAN b 4.18 3.80

s Bklyn A4 Sew '27idab 4.18 3.80s g D'k 1927 Ex_MANb 4.18 3.80s g Exempt 1941.114ANb 4.18 4.10S Exempt 1942 MANb 4.18 4.108 T 1948-1950 Alittfb 4.18410s g Exempt 1952 AIAN'b 4.18 4.108 g Exempt 1953 AIANI, 4.18 4.10 0s g Exempt 1954 NIANI 88 88,i

!E]=1; illa! lilt 4 88 885488 885

b4.25,4 .20%

64.10 4%64.10 4%

To T.Net. florists Bid. Ask. 1Net.

CuyahogaCo-5s'16-'20AA0i 3.50*5s Bridge 1918-27 A,t()I*59 Ref 1920-1939._ .A&O48 Ref 1916 to 1926.14&01

4 4s 1916-1941 _ A&O4 *Dayton-5s 1923-'32 _MAN4 *534s VP VP' Imp 1944. JAD 12134 1244 *59 W VP Imp 1945_ FAA b 4.23 4.1070

*434s W W Imp 1940 JAD

3.95' Dayton S I) 4s 1920 NUS

*430 Bdge 1933-1939A&O3.9548 1916 to 1918 _AA0

3.95 East Liverpool-4s '40 _JAJElyria 48 1916 to 1923_ FAA4s Water 1924 to '33_JAD

Findlay cnty, S. D.-*59 1916-1927 J&J

Fo8toria-4s 1925._ i*5s VP VP Imp '16240/14SES

Moults:lin Co 48 '18-'25 NUS*5s FI-Emerg '202298AAS

Gallipolis 48 Aug 25'20 FAAHamilton 58 '17 to 'l8 .FAA430 1919 MANI

Hamilton Co *44s '43 F &A48 C H J'ne '36 op '16.1&D

Lakewood 430 '21-'39A AO*Lawrence Co 58 1934 hlAiSLima 4s Sewer '16 to '25_ A,A0330 Ref '30 op '25 _AA0

Lorain 5s 1918 to '32._ .1k1*5s VV-V7 Ref '18-'27M &S

Lucas Co 4s C-II 1914_ MASMadisonville (in Cincinnati)5s 1932 op 1922- ------JA)

Marietta-*434s '16-'33 JAD330 1931 op 1911 _ F

Marion 581916 to '23 Mfr.;Martin's Fy 5s '26-'44 _MASMercer Co-5s '17 to ' 21 FAAMiddietown's '300p'20 FA AMontgomery Co-*53 FI-Ennerg '23-'42 JAI)

MuskIngumCo55sOetl'16-21Newark *430 '18-'41_ _AA0 Norwood-434s 1925_ JAD 4s 1930 _ _AA0

Portsmouth-4s'16.'21 ..hirPortsrn'thSD3W'17-22A,A0 Sandusky 5s 1916 to '26 FAA

4s St Inapt '16 to '18_ NIL5 Springfield 5s '16 to'2I MAS

*5 1931-1934.......... 434s Big Sep 1 '16-'21 NI48 1921-1925_ M

Springf'IdSD*5s1920 39 AiJ 2 Steubenville *59'16-'35 MAS Toledo-434s 1919 __ __AA() *430 Gen Imp Sept 15 '20 *430 Sept 1 192S ._MAS 43is Bdge'23'33,1e33 FA; 4

4.15 4s 1926 A A 0 5 4s Park July 1 1942__JAJ

330 Refunding 1930 MAN 4.10 Toledo Seh Dist-is '23to'20 4.10 Warren Co 5s 1929-1934. NIAS ___ Youngstown *5s 1916 25.&A0

4.10 *430 1919-1957 A& 0 3.60, Youngstown School Dist-

*410 1944-1947_ MAS OKLAHOMA

4.30 430 Oct 15 1924-'33 AA015 1013.60 4s Funding 1918-'27_ _FAA 934.20 Ardmore-5s I922__ __MAN 963.70 Canadian Co 4s '22 '31_ FAA 933.70 Muskogee-434s Water-Wks4.30 Sewer A School 1925 MAN ___1 58 Nov 1 1924 _ MAN3.60 5s Funding 1929 _ _INAS 3.60, 5s Sewer 1936 MAS 3.60, Okla City-5s '37 op '22FAX 1004.30 5s Water 1936______ NUS 1004 5s Fund'g Oct 9 '38 AA640 9 100

- --

4 5s Fire Dept 1934.. .JAD 100 - --4 430 Sewer 1936____ FAA 98 - --4 Okla City S I) 4s 1933_ JAI 953.60 Okla Co-134s '24-'33 JAB 99 -3.6) Payne Co 434s'20 to '29 AA() 97 -----3.60 OREGON3.60 Albany 5s ref '31 op '21 AA03.63 Astoria 5s 1953 .TAO 105--

- --3.60 Baker City 58 1934 MAS 100 1023.61) Clatsop Co 5s 1934.... A&O 103 1023.60 Columbia Co 5s Road3.60 Apr 1 '19-'24-'29-1934A&O b 4.80 4.75704.05 Dallas City 58 1917-'25 MAN100 3.60 Eugene 5s 1942 MAS 4.703.60 Multnomah Co 434s'32..J&D 994.05 5s Road 1920-1929_1'40E4 b 4.35 4.2074.05 Portland-5s g C El '22_JAJ b 4.40 4.351 5s Water 1923. JAJ b 4.40 4.35 0

5s g Bridge 1925____A&O b 4.40 4.35%430 Dock 1943____M,AN b 4.404.35%

4.05; 4s g Bridge 1934 b 4.40,4.35%3.50 4s Water 1937 _ MANS 4.404.35%3.50 Ptof Astoria 5sFIar'24-'29.1&J b 5%4.90%3.50 Pt of Coos Bay, Harb, 5s___ b 5%4.90%;3.50 Port of Portland 5s '22_JAJ b 4.604.5570' --3.501 48 Dry-dock 1934 JAJ b 4.60 4 __ 5_5_ ___3.50 Salem--5s Sewer'16-'33MAN 101

4

64.50 0

'5014

,4.45 ,b4 -40%

43-4

3.601

_

3.503 503.503.503.503.503.59-3.503.534.103.503.53

3.83 3.50 3.53 3.50 3.50 13.51 3.53

PENNSYLVANIAAllegheny-1s 1916 -19__Var4s 1917 '22 A '27_ JAI4s Street Imp 1937._ MAN3iis 1916 to 1931___A&O

Allegheny Co 4 qs1943NIAN48 Road 1937 FAA4s Road 1933_ FAA49 Bridge 1942 FAA334 1932 opt 1922_ MAN

Altoona-4s '31 opt '14-1,1rJ4s Ref 19311 opt 1916__J&J4s Highway '37 op '32 J&J

Altoona S D 49'16 to '35 AA0'Ira Hock 1q3 '16-'44_513LN

ii 1916 to 1935____MANhister-334s 1929_ _J&Jis '37 op '17 tax-exm_J&J1tis 1930-35 10_ ._J&J

3is4s•srSD 443'32-'37-'42

4.104.103.503.504.10

4-da4.103.603.603.703.703.70

4.303.704.303.504.103.703.703.704.103.503.704.303.703.703.704.203.60

3.604.303.703.703.703.703.60

4.104.204.203.603.603.603.603.603.603.604.203.603.604.254.303.604.054.053.603.603.603.603.604.304.104.10

4.20

4.804.804.804.80

4.75

993499341 99341

---b 4.051-_-b 3.953.81b 4.104.05 b 4.104.05 --102 1 1025( --

b 4.05' 99349934993i_-9910034.

b 4.15!b 4.10' 99

b 4.10,..-b 4.15,b Basis. d Now part of New York City. f Flat price. n Nominal.*iubject to taxation. By an amendment to the coistitution of Ohio adopted Sept 3 1912 hen-Is Nsuerl after Jan. I 1913 by maid pa..14t.es inthat State are subject to taxation. Bonds issued peor to Jan. 1 1913 are exeinpt from taxationDigitized for FRASER

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

54 MUNICIPAL BONDS. [VOL. 102.

Bonds BidTo

Ask Net.' 1 Bonds

___ Grainger Co 5s 1940___F&A ___; Hamilton Co 5s 1944_ _ _A &O b

' 5s April 1 1935 A&O b

----- 55 April 1 1945 A&O b434s 1941 J&D b

----- 4%s C H & Jail b

----- Knox Co 5s 1930-1945

----- Knoxville-6s 1917 J&J b

----- 58 g Improv't 1921__A&O b5s Refunding 1940__M&N b434s Funded &c 1937.J&D b434s Water-Wks 1949.J&J b4s June 1 1929 J&D b

Loudon Co 5s July '43_ _J&J

Memphis 5s July1954___J&J.b5s 1918-1927 -----4%s Refunding 1926_J&J b

102% ___ 434s Refunding 1939_J&J b

10234 ___ 434s St Impt &c '46_F&A b

102% 434s Park 1947 J& J b

102% ___ 4%s Street 1947 ____M&S b

102% 4%s 1950 .J&J b

102% 4%s Park 1959 A&O b

102% 4s Water 1933 M&N b

102% ___ Memphis SD 4348 '59_ _J&J b

102% Nashville-5s Wat 1921.J&D b

102% 58 March 1933 M&S b

102% 55 1916-1935 M&S b

10234 ___ 5s Sch 1918-1945 J&D b

90.1 ___ 434s Sewer 1923 A&O b

434s Street 1935 _J&J b

95% 4%s Trunk Sew 1940.J&J b

434s High Sch 1940_ _J&J b

48 (Tenn C RR) '24_M&N b

48 Sewer 1927 J&J b

48 Water 1928_ _ _ _ J&J b

Putnam Co-4 '30_Julyl 434s Road 194E July1

RobertsonCo4s '4 lop '31_ J&J Shelby Co-43-4s Sch '41_J&J

4s Court House 1955. J&J

Easton-3%s 1928____A&O b 4.05Easton S D 4s '24 op '14 F&A 993/3Erie-48 Street '21 on '11J&J 10043-s Ref 1934 op '24_J&J 1033

Harrisburg-4s 1920J&J 10034s Aug 31 1926-'32 __M&S 100346 Pub Im 1916 to '36M&S 1003

Johnstown-5s '21 op M&N b 4.154%s Sept 1 1923____M&S b 4.1048 Building 1930 opt M&S 993%

Lackawanna Co 48 1944 F&A 100%Lancaster-4s July'16-20 Q-J b 3.85

4s Street Im '38op'28 A&O b 3.85Lower Merlon Tp 43s &43-s b 4.05McKeesport S D 4 s M&N b 4.20

Norristown SD 43s '43 J&J 103Philadelphia-4s 1937_ J&J 1025%48 Jan 1 1938 J&J 102%48 July 1938 J&J 102%4s July 1939 J&J 102%48 July 1940 J&J 102%

48 July 1941 J& 102%

45 July 1942 J&J 1025%

48 May 1 1943 J&J 102%

4s Nov 1943 J&J 102%

48 Nov 1944 J&J 102/8

4s Jan 1945 J&J 102%

4s Jan 1 1946 J&J 1023/i33s Water 1931 J&J 95%

33s July 1932 J&J 9533%s July 1 1934 J&J 943-i

Philo, S D 4%s '24-'43_J&J b 3.95

48 1923-1942 J&J 100%

Pittsburgh-43s'16-'50J&D b 3.95

48 May '25 op '10-'22M&N 100

4s 1916 to 1927 M&N 100%

48 1917 to 1939 J&J 1003j48 1916 to 1936 J&J 1003-i43s '16-'38 taxable_M&N b 4.15

33/s Apr '16 to '30__A&O

Plttsb S D 43s '22-'37_ _J&J b 4.05

Reading-4s '16 to '28_A&O 100%

48 1918-'23-'28 M&S 1003-i48 Apr '18 opt 1898_ _A&O 1003/i

Schuylkill Co 3s '21 opt_J&J b 4.10

Scranton 45-is '16-'41 F&A b 4.054s 1916-1937 M&S 993/s

48 1920-25-30-35 A&O 99%Scranton S D 48 1918-1923-

'28-'33 Adr.0 b 4.10

33.s 1916-1932 F&A b 4.15

Uniontown 4s '28 tax-ex M&N 983

Wash'n Co 43s '21-'34 M&S 4%

Wilkes-Barre3%s'17-'29F&A b 4.20

48 1916 to 1935 J&J b 4.15

45sImpSer I '22-'38 A&O b 4.15

4%s 1031-1940 J&J b 4.15

43-3s Imp 1940-1945 J&J b 4.15

Wmsport 3%s '290p'09/q&S b 4.10

York 4 yis 1924-43_ _ _ _ F& A b4

York Co 35.s 1916-32_M-N b3.95

RHODE ISLAND48 Charit.Inst 1965____M&S 103

33s g S H 1934 JSzJ 93

3s State H July 1938___A&O 83

Br1stol-33.s g 1930_ __M&S 93

E Providence IsJnel5 '47J&D 94Johnston 4%s 1920, 1925,

1930, 1935, 1940____M&N 101

Lincoln-4s 1928 A&O 98Newport-434s 1916-39M&S b 4.10

4s gold 1927 F&A 10048 May 15 1948 M&N 100

334s g High Sch 1954 J&D 8834Pawtucket-4%s 1950__J&J 10334

434s Sewer 1952__J&D 48 Water 1937 M&N 96334s 1922 J&D 97

Providence-4s g 1921.. J&J 100

48 g Apr 1927 A&O 10048 May 1 1944 M&N 100

48 Jan 1 1945 J&J 100334s Sch & Br 1929_M&N 9538 Sewer & Imp 1929 M&N 90

Warren-4s '16 to '22__A&O Westerly-4s 1927..__ _M&S 99334s Water Feb 1929 F&A 9234

Woonsocket 434s Fd '41J&D 102434s Fund 1944____M&N b 4.3748 Funding 1941__J&D 9334334s Wat May 1 '31_ M&N 89SOUTH CAROLINA

434s Blue 1928 J&J 10444s Refund '33 op '13_ _J&J 100

Charleston-5s Oct '22_A&O 434s 1928 A&O 10148 Sewer 1929 A&O 9648 July '37 (tax-exm)_J&J 9648 Refg '38 (tax-exm)_J&J 96

Cheraw 58'52 op '32 __July 1 101Columbia-6s 192E ___J&J

be Ref Mch 1 1941_ _M&S 434s Water 1945 J&J

Greenville 5s 1940 J&J be Street 1942 J&J

GreenvilleCo 434s '40-'55J&J Richland Co 58 1933____J&J 103Rock Hill 58 1951 op '31 J&J 102Spartanburg-434s '35_A&O b 4.60

SOUTH DAKOTAAberdeen-5s 1916-1921 A&O 4%s Sewer Jan 1932__J&J

Sioux Falls 58 193E ___J&D Sioux Falls SD 5s 1935_ A&O

TENNESSEE434s Ref 1917-1955__ J&J b 4.20434s 1938-1955 J&J b 4.204s Ref 1917-1955 J&J b 4.1048 1932-1953 J&J b 4.10Blount Co 5s 1921, 1926,

1931, 1936, 1941, 1951 J&J Chattanooga 58 1920 A&O 15

434s Public Imp 1937_J&J 434s Rfg Apr 15 '39A&015 4348 Sew&c Dec 30'41,J&D b 434 4.40434s Park 1942 M&N b 434 4.4033-4s Jan 1 1922 J&J

Cocke Co Rd & Bge 1919,'24. '29, '34, '39____M&N

Davidson Co 4 %s '37 op F&A

------

------

-

-

-

-

------

------

------

4.10%

3.9070

3.85%------

4.05% 4.253.90%

------

------

------

------

------

------

------

4744 _4%

-----

3.78%

104

TEXASAustin 5s 1916-1942 ____J&J5sSchBg&Ilos'52op'32J&J4-58 Refunding 1931.. ..J&J

Beaumont 58 '52 op '32_ A&O bbs Water Works 1954_M&S b48 1942 opt 1922._ _J&D b

Cleburne5sWW'52op'32.J&J Dallas-5s Water 1917_ _J&J b

5s June 1 1931 J&, D bbs g Aug 1928_ _ _ F&A b43.s Sch 1916-1952_M&N b4s Water '47 op '17 _A&O b4s Water '16 to '49__M&N b4s School 1916-'51 _J&J b

DallasCo4%sSep10'51Apr 10Ss Viad & Bdge Feb 10

1954 op 1924 _ _ __Apr 10 bElPaso5sWWPurch'50_A&O b

5s Fund 1951 opt'31_M&S b

bs School 1955 op '35_J&J b

Fort Worth-6s 1922 F&A b

58 Refunding 1920_ _J&J b

5s Apr 1951 opt '31_ _A&O b45-sStImp'48op aft'28J&J 4

4348 Sch '48 op aft '28.J&J b

4%s Sch'49 op aft '29 J&D b

48 Refunding 1941_ -J&J b

-__ Galveston 5s '28 op '08. .J&J

5s Lim debt Sept 1 1921_55 Lim debt June 1 1923__55 Lim debt 1927 5s Grade Rats 1944_ A&O,

-__ 58 School 1915-1954_ M&Sb5s Wat & Sew 1916-34 M&Sb

4:25 4%sGrad &c '48op'28.J&J b

4 %sGrad&c'49op'29.A&O b

Galveston County-58 Bd Apr 10 '51op'31A&O

Harris Co 48 '47 op '17_A&O b

Houston 5s Comp '18_ J&J b

5s Sew Nov 15 1939 M&N b5s RefOct16'41 op'31 A&O b

43,4s Sept 1916-1052 M&N b4348 Oct 26 '38 op'28 A&O b

SanAntonio-6sg'17op'07 J&J b58 1917 opt 1907____F&A b

5s Sept 1916-'53_M&S b

43.4s May1 1020.. .M&N b

Tarrant Co-5s Road & BdgApr 10 '52 opt '22__Apr 10

Waco 58 Impt 1920.___M&S

58 Nov 1 1934 M&N

4:56 58 Sewer 1937 J&J55 Water-Wks 1942_ J&J4s Jan 1 1931 UNITED STATES-Se

U.S.Possessions-See ForeUTAH

58 Capitol Bldg 1934 _

4:i6

__J&J

4%s Capitol Bldg 1935_A&O

4.40 4s Capitol Bldg 1934 J&J

4.40 48 Capitol Bldg 1924 _J&J

I4.40 334s Refunding 1918_ J&J

.4.40 334s Refunding 1920_ J&J

' Box ElderCo4 %sSch'32F& A

Ogden-4%s 1929 J&J434s Refunding 1932_J&D

--_, 434s Ref Wet 1933_ _M&N

!, 48 Ref 1921 opt 1911_J&D

4.50 'Ogden S D 48 '22 op '12_J&J

4.50 Salt Lake City 45-4s '24-I&J

4.50,; 43.4s May 1 1934 _M&N

4.501 48 Refund Jan 1921_ J&J.434s ref 1934 M&N48 Water '20 opt '10_A&O45 S & W '25 opt '15_ A&O

Salt Lake City S D 48 '30J&J434s Feb 1 1932 F&A434s Aug 1 1933 F&A

4.60 Salt L Co 434s '26op'16 F&A 4.40 VERMONT 4.40 Barre-3348'22 op 1918_J&J

4.40 Bennington-4s 1917 J&J

-__ Brattleboro-4s 1918___J&IBurlington-4s 1919 __ J&J

14.40 Middlebury4s'41op'21_M&N

14.601 Roc

kingham-4s 1917 ..-J&JMontpelier 4s '19 op'04.A&O

4.50. Rutland-4s g 1924_ _ M&N

4%

90104%

100%100%101%1029690%

b 4.30

4.2 5%------

------

105101

102979797102

1041034.50%

4%%4%74.054.05

Bid.

4.604.604.604.504.504.554.554.554.554.554.554.55

Ask. INitot.11

4.50% _4.50%;4.507'4.40%4.40%4.40%4.40%4.4074.404.404.40%4.40%

_

4.45 4.354.45 4.35%4.45 4.35%4.45 4.3574.45 4.354.454,354.45 4.354.454.35%4.454.35%4,45,4.35%4.60'4.40%4.5514.40%4.55 4.40%4.554.45%4.55 4.40%4.554.40%4.55 4.40%4.554.40%4.55 4.40%4.55 4.40%4.554.40%4.55 4.40%

0

---1

---1

Bonds Bid. AskToNet.

VIRGINIA68 deferred ctfs 1871___J&J

4.30%4.30%

48 1938 to 1943 4.30

48 Jan 1 1926 jjj.111

4.304.30

48 1941 4s 1938

J&J

4.304.30

48 Jan 1 1942 J&J b 4.40 44 2004s 1943 J&J b 4.40 4.30

1.50 Roanoke 434s Ref 1936_J&J b 4.60 4.50

1.30 434s St Impt May IMO__ b 4.60 4.50

1.30 434s Pub Bldg 1941_M&N b 4.60 4.50 0

43is Pub Bldg 1944_M&N b 4.60 4.50%

b5%4.70°7 .I&J b 4.60 4.50%4s St Impt 1936 J&J 101 103

b5%4.70% Stafford Co 5s 1942

97 99 -__ Tazewell Co 5s 1923-46_ J&J

4.70 4.60%4.704.60'77-__ WASHINGTON

4.70 4.60% - Aberdeen 5%s '22-'31 _J&D

4.60, Bellingham 58 1928...

4.25 4.25 4.10 ___ Clallam Co-4%8 1921 M&N 100 ------

4.25 4.10 , -_-_-_ Clarke Co 5s '35 op '25_Jan 1 b 4.50 ------

4.25 4.10% Everett 58 July 15 1931-I&J

4.25 4.10 ___ King Co-5s 1928 M&S

4.25 4.104.25 4.10

5s C't House '33 opt May 5s Road 1935 Ric A

4.25 4.10 434sHarb opt '22-'30Novl

98 100 Lewis Co 5s 1923-'32___M&S Pierce Co 5s ref '25op'15A&O 100

4.70 434% 4s Ref 1926 opt 1916_Mits

4.60 4.50% PortofSeattle5s'16-'55_ M&S b 4.65 4.5570

4.60 4.50% 45-s Jan 1917-1955_J&J b 4.65 4.559

4.60 4.50 Seattle-5s 1916-1930_ _J &J b 4.404.35%

4.60 450% 45-s Sewer 1927 M&Sb 4.404.35%

4.60 4.50' 434s Water 1931 J&J,b 4.40 4.35

4.604.50% 4%s Park 1931____J&D,b 4.404,35

4.60 4.507 434s Light ext 1932 J&Jib 4.40 4.35

4.604.509?48 Lib Oct 15 '22_A&015 b 4.40 4.35

4.604.509?A&O b 4.40 4.354s April 1 1929

4.60 4.50 0 Seattle SD No! 4;0'24 M&N

95 98 Snohomish Co 5s'31op aft'214%s Mar '16 to '31_ M&S'95 98

95 98

95 98 Spokane 53is Fund '18_ F&A

95 98 58 Park Dec 1 1927 _J&D

4%s Bdge Const 1931 J&J

5.10 4348 Water 1935____J&J

5.10 4%ii Park 1962 J&J

5.10 48 Water July 1 1925_J&J

5.10 SpokaneSDNo81 4%8'29J&J434s May 1 1931_ M&N

99 101 48 Aug 1 1916-1922__F&A

4.60 4.407 Spokane Co 48 '21 op '11J&D

4.60 4.40 Stevens Co-4%s '29 op '19

4.60 4.40 Tacoma-5s g Feb 15'20F&A

4.60 4.40 5s Refunding '16-'33 J&D

4.60 4.40 4s Lt & Pow 1929 J&J

4.60 4.40

4.50 4.35 43-4s Refdg 1931.. A&O

4.50 4.35 Tee D No 104348 '20_ F&A

4.50 4.35 WhatcomCo4Ms'22op'12J&J

4.504.35%WEST VIRGINIACharleston 4%9'41 op' 27J&J

b 4.80 4.60%4.60 ClarksbgSD5s'41op'21

lq&S

b 4.80 4.607 Hancock County-5s Grant

b 4.80 4.60° Road Dist '46 op '32 M&N

Huntington 5s 1944 Oct 6 4.50 4.40%

b 4.80 4.60% Martinsburg5s'43op'29 Decl b 4.80 4.60 0

e page 21 Mercer Co 58 '44op'24A&015

Parkersburg 48 Wat '29 June

igu Go vt. p. 50 434s June 1 1933____J&D

Wheeling-Os 1924 op__ Nov

4.10 5s City 1919 op 1906_July

4.10 434s Bilge '24 op '06_July 95

4 10 4s Ref 1916 to 1936__July 95 99

4.10 WISCONSIN

4.10 Appleton 4%s 1917-'32 F&A

4.10 Fond du Lac 434s '16-'35_..

4.60 Green Bay 434s '19-'33_J&J

4% 48 Refdg 1916 to '20 _J&J

434 Kenosha-334s'19 op '09J&J

4% LaCrosse 4%s '32 op '22 F&A.

434 48 Water '31 op '21 J&D

4% 334s lieldg 1919_ A&O

474 Langlade Co 48 '16to'23Junl.

4% Madison-4s Oct 1931_A&O

4% Marshfield 434s '22-'32_J&J

474 Milwaukee-5s '16 to'17J&J.

474 45-4s W W Jan '17-'32 J&JI

474 4 s Park 1917-1935_ J&J1

474 4s Viaduct 1916 to '26 J&J

474 334s July 1910 to '21_J&J

4% Milwaukee Co 4s'16-'25M&S

100 Oshkosh 434s 1917-34.. F&A

Racine 4%s Ref'17-'30 F&A

90 4s School 1917-1923_F&A

99 3%s Sch '19 op '09_July I

99 Racine Co 4s '17 to '23_ F&A

100 Wausau-4%e '18-'33 A&O1

99 WYOMING

99 6s Insane Asy 1917-'21 _Jaril 100 10034

99 68 Pub Bldg 1919-'28 __July 103 105

100 _ Cheyenne 5s '31 on '11_ F&A 100 101

Brown Bros ctfs 54 54%

3s "Rlddleberger" 1932 opt1900 J&J 01 91%

3s Funded debt 199L J&J 87% 89M

Danville-4s Refg 1931_J&J 9434 9534

4Ms Ref Aug 1942__F& A 100 101

Lee Co-5s 1917-'41 J&J Lynchburg-5s '26 op_ _J&J b 4.604.4

0%

434s Ref June 1 1927_J&Db 4.60 4.407

4%s Pub Impt 1939__J&Jb 4.60 4.40

434s Pub Impt 1946J&J.b 4.60 4.40 0

4 s Feb 1953 F&A

b 4.60 4.40%

Newport News 434s '48 J&D 43.4s

4s Ref Oct 1934

48 Street Nov 1 1941 M&N Norfolk-5s Hen 1923_J&D b 4.60 4.50%4%s Munic Impt '42 M&Sb 4.60 4.5074%s Renewal 1941__A&Ob 4.60 4.50 04%s Imp July 1940__J&Jb 4.60 4.50%4s July 1 1932 J&Jb 4.60 4.5048 Water Oct 1 1934_A&O b 4.60 4.504s Impt March 1936_M&S b 4.60 4.50

Petersburg 4%s 1952__A&O 100 103Portsmouth-4348 1940 F&A 4%s Imp Oct 1 1942_A&O 434s Sch & Sew 1938_J&J

Richmond bs '20 to '22_J&J,b 4.40434s Pub Imp 1949J&J'b 4.4048 1920 to 1930 J&J b 4.40

48 1924 bbb 444...444000

b 4.40b 4.40

0

------

0

0

100 ------

5755590

---

4.704.704.70

4:664.604.60

4:io

4.704.70

4:764.304.304.304.304.50

iiA

4.304.304.504.354.354.354.354.354.354.364.354.354.304.404.404.404.404.404.40

4.504.50

4.TO

47.54.504.504.504.504.50-

4.104.104.104 104.104.104.104.104.104.104.10444444.054.104.104.104.104.104.10

b Basis. I Flat Dries. n Nominal.

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

55

BANKS AND TRUST COMPANIES.Quotations in this department are given per share, not per cent, except for stooks of New York City, Brooklyn andCanadian institutions, and are as near as possible for the closing day of the month preceding the date of issue, though often arenominal. An asterisk (*) denotes sales. The letter (h) prefixed to a price indicates that the figures show the book value.Figures of deposits, capital. and profits for the national banks are from the Comptroller's last call; for all other insti-tutions they are the latest obtainable, direct returns being procured by us where no periodic statements are required. Forthe Clearing-House banks of New York, Philadelphia and Boston, deposits are taken from the latest weekly statement.Where Names are Printed in Italics Fuller Returns may be Found in the Advertising Columns

ALABAMA-Nat. banks Dec. 31; State institutions latest returns.

Capital.Surplus

cfc Profits.Gross

Deposits. Par. Bid. Ask.

Birmingham- $ $ $ Per share.Amer Tr & Say Bk_ 500,000 704,024 6,697,770 100 150 160Birming'm Tr Sr S_ 600,000 704,043 6,697,770 MO 250 265first National Bank 1,500,000 1,516,763 12,686,840 100 230 245reffersonCounty Bk 500,000 13,067 1,766,712 100 100 105Fraders' Nat Bank_Mobile-

250,000 71,661 1,517,663 100 130Per

150share.

Bk of Mobile, NBA 100,000 110,299 1,336,112 100 First National Bank 300,000 616,170 6,331,487 100 Merchants' Bank__ 150,000 225,937 1,545,077 100 People's Bank Montgomery-

150,000 637,000 2,662,000 100 Per share.

Exchange Nat Bank 300,000 91,784 714,289 100 115 117First Nat Bank__ 1,000,000 v246,707 v2,247,810 100 120 123Fourth Nat Bank__ 500,000 163,969 2,503,148 100 118 121New Farley Nat Bk 200,000 14,877 719,867 100 99 102Alabama Bk&Tr Co 300,000 35,665 466,872 Inn no 101Sullivan Bk & TrCo 250,000 38,701 287,878 100 Union Bk de Tr Co_ 100,000 54,937 465,562 100 130 135

ARIZONA-Nat. banks Dec. 31; State institutions Dec. 31.-Phoenix- Per share.Nat Bk of Arizona_ 200,000 .208,782 81,196,798 100 Phoenix Nat Bank..,' 150,000, 205,961 2,184,724 100 .Phoenix S 13kSc Tr_1 100,0001 75,654 844,748 - _ Valley Bank _ __ _ 500,000 7,544 1,693,189

A RKANSAS--Nat. banks Dec. 31; State institutions latest returns.-Little Rock- Per shareBank of Commerce 100,000 262,024 2,813,304 25 75 80England Nat Bank_ 200,000 52,699 752,937 100 110 120Exchange Nat Bk_ 300,000 245,774 1,947,711 100 160 170German Nat Bank_ 750,000 190,432 3,023,025 100 65 112People's Say Bank_ 100,000 24,207 505,558 25 35 45Bankers Tr Co_..__ 250,000 12,294 509,419 100 90 97German Tr Co.-. 250,000 61,279 320,087 100 112 120Mercantile TrustCo 300,000 46,427 840,801 100 135 145Southern Trust Co_ 500,000 170,000 1,228,715 25 25Union Trust Co__Pine Bluff-

250,000 243,239 1,542,271 100 190Per

200share.

Citizens' Bank_-

__ 300,000 156,147 689,248 ____ Cottonlielt S&TCo 100,000 53,172 310,334Merch & Plant Bk_ 175,000 238,075 1,502,239 25 Simmons Nat Bank 200,000 n71,547 n1,132,665 100

CALIFORNIA-Nat.banks Dec. 31; Stale institutions latest returns.-Berkeley- Per share.Eterkeley Bk of S& T 400,000 308,912 4,561,172First Nat Bank____ 300,000 v162,270 v2,744,439

Fresno-Bank of CentralCal 200,000 108,765 553,154Farmers' Nat Bank 300,000 367,304 2,116,077First Nat Bank ___ 500,000 508,074 3,224,548Fresno Nat Bank__ 200,000, 403,689 985,637People's Say Bank_ 100,0001 158,301 1,897,242Union Nat Bank___

Los Angeles-

150,000, 143,317 1,072,843

Per share.Cal Say & Corn Bk 650,000 73,969 4,319,170 100 138Citizens' Nat Bank 1,500,000 700,732 12,420,023 100 240 Commercial Nat Bk 300,000 v182,340 v2,900,794 100 220 Farmers' & MerNat 1,500,000 2,042,729 16,340,581 100 310 330first National Bank 1,500,000 2,504,762 23,337,555 100 660 670Germ-Am Tr & S B 1,000,000 1,308,974 20,133,493 100 350 400Home Say Bank... 1,000,000 45,776 6,144,062 100 137 Intern1 Say & ExB 300,000 92,520 2,737,044 100 Hibernian Say Bk.. 350,000 64,000 3,924,161 100 125 Merchants' Nat 13k 1,000,000 517,229 9,057,811 100 225 325NatBk of California 500,000 191,071 5,866,617 100 250Security Nat Bank. 300,000 261,544 3,306,297 100 Security Tr & S Bk 1,800,000 2,006,091 42,153,582 100 410Hellman Com T & 5 750,000 274,399 6,335,609 100 220Citizens' Tr & 5 Bk 500,000 160,349 3,629,560 100 Los Ang Tr & S Bk 1,500,000 1,599,340 20,628,144 100 17 S National Bank

Oakland-

200,000 110,644 1,390,479 100 155

Per share.Central Say Bank__ 600,000 262,097 11,163,489 30 Central Nat Bank_ 1.000,000 /693,076 /8,008,707 ' Farmers' & Mer Bk 189,500 37,470 1,904,705 100 First National Bank 500,000 e140,000 e3,000,000 100 Oakland Bk of Say_ 1,250,000 1,328,095 25,857,721 75 Security Bank ____ 423,500 56,864 1,592,277 20 State Sayings Bank 100,000 197,160 1,091,960 100

Pasadena-First Nat Bank.... 200,000 157,467 1,906,025Nat Ilk of Pasadena 300,000 17,639 2,462,658 Security Nat Bank_ 100,000 13,160 621,067Union Nat Bank... 100,000 101,594 2,431,208 _ _

- --Crown CityTr & SPasadena Tr & S B_

200,000200,000

4,884166,314

698,1942,401,030

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

Union Tr & Say BkSacramento-

425,000 82,697 2,958,772Per share.California Nat Ilk_ 1,000,000 338,499 7,717,347 100

California Say Bk_ 100,000 71,190 1,402,594Farm & Medi S Bk 350,000 75,000 1,960,000 100 N B D 0 Mills & Co 500,000 v970,445 v5,273,198People's Say Bank_ 500,000 148,617 3,809,058 80 3arrn.mento Bank__ 1,000,000 213,525 8,105,915San Bernardino_

California State Bk 100,000 19,969 460,085Farmers' Exch Nat 100,000 c62,500 c610,000San Diego-American Nat Bank 200,000 8144,094 .1,556,295 _Bk of Corn & Tr Co 500,000 290,436 3,351,180First Nat Bank_ _ _ _1 150,000, 8308,782182,804:747Marine Nut Bank_ _I 100,000, s20,000

1 1.702,176 _

CALIFORNIA-(Concluded.)

Capital.Surplus& Profits.

GrossDeposits. Par. Bid. Ask.

San Diego (Con. $ $ $ Per share.Merchants' Nat Bk 100,000 8576,967 81,721,303San Diego Say Bk_ 200,000 419,234 3,924,640UnitedStatesNatBk 100,000 814,670 8437,180Southern Tr Sr; S B. 350,000 123,791 2,283,934 San Francisco-

American Nat Bank 1,000,000 434,624 7,780,932 100 130Anglo-London-ParisNational Bank_ 4,000.000 2,046,809 36,222,753 100! 1403 Bank of Calif, N A.. 8,500,000 8,398,96245,159,140 100 191% Bank of Italy 1,250,000 374,244 20,474,872 100; Columbus S & LSoc 130,000 156,317 2,354,104 2501 Crocker Nat Bank_ 2,000,000 3,281,432 28,252,622 10b 1 Don'hoe-lielly BCo 650,000 255,500 2,153,600 1001

First National Bank 3,000,000 1,986,292 19,802,663 100' 217 221French-Amer Bank Iof Savings 750,000 309,1561 6,925,461 100 German S & L Soc_ 1,000,000 2,008,962158,840,699 10001 3800 Humboldt Say Bk_ 750,000 400,000' 7,706,817 100, 99 Mercantile Nat Bk_ 2,000,000 1,138,824 12,988,061 103' 218 Merchants' Nat Bk 1,500,000 258,637 5,118,121 100 Mission Say Bank_ 200,000 50,438 2,086,620 100 Mutual Say Bank__ 600,000 454,721 8,879,883 60 793 -Say Un 131K & Tr Co 1,500,000 2,168,560 36,695,674 100 2363,Seaboard Nat Bank 500,000 203,472 1,717,799 100 Security Say Bank_ 500,000 428,130 3,936,509 250 345 Wells Far Nev Nat 6,000,000 5,441,960 37,416,391 100 175 Anglo-Calif Tr Co_ 1,500,000 448,717 10,464,803 100 1043,First Federal Tr Co 1,500,000 356,956 4,924,941 50 Union Trust Co___ 1,200,000 1,779,002 24,889,119 800 2200 San Jose-

Per share.Bank of San Jose__ 300,000 221,734 2,811,395 100 , First National Bank 300,000 290,271 3,810,763 100; San Jose S Dep Bk_ 300,000 740,427 4,430,523 30' Security Say Bank_ 100,000 78,610 1,440,400 Security State Bank 100,000 83,000 405,600Gard C Bk & Tr Co 300,000 333,539 2,301,925 100. Stockton- ,Comm'l dr Say Bk_ 300,000 254,889 2,498,717First Nat Bank_ __ 200,000 v344,862 v1,105,126 San Joaquin Vat Bk264,300 487,896 3,770,764Stockton Say Bank 400.000 84.387 1.456.394 ---CANADA-See last page.

COLORADO-Nat banks Dec. 31; State institutions latest returns.Colorado Spgs-

Colorado Say BankColorado Spgs N BEl Paso Nat BankExchange Nat Bk_ _First National BankColo Title & Tr Co_Denver-

Central S Bk & Tr_City Bank & Tr CoColorado Nat BankDenver Nat Bank_Denver Stk Yds BkFirst National BankHamilton Nat Bank17 S National Bank_German-Am Tr Co.Hibernia Bk&Tr CoInternational Tr CoInterstate Trust Co

Leadville-American Nat BankCarbonate Nat Bk_Pueblo-

First National BankPueblo Say & Tr Co

50,000 121,507100,000 192,447200,000 v242,937300,000 205,824200,000 v196,234300,000 87,236

300,000 63,272100,000 5,529500,000 1,507,886

1,000,000 1,301,038100,000 94,717

1,250,000 275,037250,000 51,319400,000 445,527500,000 178,539100,000 3,824350,000 665,174200,000 40,000

100,000 30,007100,000 32,960

300,000 631,601100,000 99,564

1,089,0781 1001649,078 1001,311,149 1004,292,876 1003,175,037 1001,258,298 100

4,308,259 Inn417,867 100

18,778,488 i 0014,547,786 100

826,372 10020,219,229 inn2,598,624 1007,598,368 1004,960,850 100697,274 100

9,703,298 1001,709,942

552.5241 1002,058,164 100

9,597,931 1 1002,090,3171 100

Per !share.

Per share.

Per share.

CONNECTICUT-Nat. banks Dec. 31; State institutions Dec. 31.

Bridgeport-City National BankConnecticut Nat BkFirst Bridgeport N BBridgeport Tr Co_Amer Bk & TrCo_

Hartford -Am Indus'l B & TCoCity Bk & Tr Co _ _Conn River Bkg CoFirst National BankHartford-Aetna NBNational Ex Bank_Phoenix Nat Bank_State Bank & Tr CoUnited States BankConn Tr & S D Co_Fidelity Trust Co__Hartford Trust Co_Riverside Trust CoSecurity Tr Co....

250,000 516,294332,100 391,362

1,000,000 1,012,139500,000 290,423100,000 31,390

100,000440,000150,000650,000

2,00(1,000500,000

1,000,000400,000100,000750,000100,000500,000150,000200,000

106,384144,431326,512563,224

1,954,880412,082745,809491,944322,462840,914137,184627,744135,202256,699

4,170,569 1003,012,461 1006,790,242 1009,975,738 1001,312,401 100

935,2231,875,7162,854,5905,242,72912,602,0243,100,886

12,555,4705,754,7942,347,7717,224,3121,310,8374,190,6391,061,7421,711,147

100100301001005010010010010010010(.:I no100

New Haven-City Bank of N H. Merged in New Hay en Bk N B AFirst National Bank 500,000 449,924 2,346,127 100Mechanics' Bank__ 300,000 369,917 2,433,596 60Merchants' Nat Bk 350,000 309,690 2,725,828 50New Hay Bk N BA 1,200,000, 1,341,119 5,226,641 100Nat Tradesm's Bk_ 300.000' 492,470 1,735,952 100N H Co Nat Bank_ Merged in, New Hay en Bk N B APeople's Bk & TrCo 272,3001 144,363 2,073,658 100Second Nat Bank 750,000 790,691 2,455,764 100Yale National Bank 500,0001 429,355 3,019,793 100Un & N Hay Tr Co 650,000; 568,476 2,988,884 100

Per220197183167100

Per

13014019719882197300500360300405220300

Per

18212066210193

135193141185

share.

share.

132

201

201

230

share.

70211

Sale price. a Capital paid in; authorized amount is larger. b This is capital paid in; authorized amount is larger; when full paid, par valuewill also be Increased. k Capital Is to be increaqed. Ex-Alyidend. h Ex-rights. c Figures are of date March 4 1915. s Sept. 2 1915. t June 23.1915. e Nov. 10 1915. e May 19 1915. d Dec. 30 1915. n May 1 1915.

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

BANKS AND TRUST uOMPANIEs [VOL. 102.

Where Names are Printed in Italics Puller Returns may be Found in the Advertising Columns

CONNECTICUT-(Concluded.)

SurplusCapital. Icfc Profits.

GrossDeposits. Par.1 Bid. Ask.

Norwich-First National BankMerchants' Nat BkIThames Nat Bank..;Uncas Nat Bank _ _ _Waterbury-

Citizens' Nat Bank_Manufac's' Nat Bk1Waterbury Nat BkiColonial trust Co..'Merchants Tr Co__Waterbury Tr Co__

S 1 $In hand s of receiv or100,000 35,4271 286,019

1,000,000 603,5141 1,997,613100,000 29,9121 392,741

300,000 166,3731 2,282,201200,000 166,3371 3,001,533500,000 429,444 2,525,502400,0001 433,090: 5,026,406100,000 40,2071 1,125,332200.0001 29,197 1,388,086

Per share.

100 105 100 160 100 100

Per share.100 100 50 100 100 100

DELAWARE-Nat banks Dec. 31; Slate institutions latest returns.

Wllmlngton-Central Nat Bank_ 210,000;Farmers' Bank_ _ _ _ 200,0001Nat Bk of Delaware 110,000Union Nat Bank__ _ 203,175Delaware Trust Co 100,000'Equitab Gu & Tr Co 500,000'Security T & S D Co 600,000

IWilmington Tr Co_ 1,000.000

94,77281,714146,219642,909137,589816,967799,711677,607

846,5201,696,4381,140,0293,674,662382,136

3,103,7322,809,1459,305,320

Per share.100 110 12050 100 110100 200 21525 80 84100 200 225100 220 240100 220 24050 108 114

01ST. OF COLUM.-Nat. banks Dec. 31; other institutions Dec. 31.

Washington-American Nat Bk__,Columbia Nat Bk..rCommercial Nat BkIBank of Corn it SavlDistrict Nat Bk_ _Farm dr Mach NatFederal Nat Bk..Franklin Nat Bk__Home SavingsLincoln Nat Bank_Nat Bank of Wash_Nat Capital Bank_Nat Met Bank_ _ _ _Riggs Nat Bank._ _ _Second Nat Bank_ _Amer Secu & Tr CoContinental Tr Co_Nat Say ex Tr Co....Munsey Trust Co.._Union Trust Co___UnitedStatesSayBkWash Loan & Tr Co

600,000250,000750,000100,000550,000252,000500,000225,000100,000300,000

1,050,000200,000800,000

1,000,000500,000

3,000,0001,000,0001,000,0002,000,0002,000,000100,000

1,000,000

/236,424311,864559,64935,447182,515399,423171,31340,315321,369145,422740,760/253,707607,972

2,188,189221,869

2,351,447244,599

1,318,297471,115475,16423,324

1,302,962

12,971,164 1001,849,121 1006,062,751 100481,542 10

3,344,747 1001,128,475 1001,922,652 1001,430,4304,862,001 1002,022,363 1003,611,325 100€884,185, 100

4,472,644' 1009,221,723 1001,788,292 1009,657,140 1002.143,138 1007,304,823 1003,431,9953,813,703 100886,318

6,468,492

Per15023519312

134235138

395160220210191

142260117x265

120

100,x227

share.170245

140

275120275

120

FLORIDA-Nat. banks Dec. 31; State institutions latest returns.

Jacksonville-Atlantic Nat Bank..Barnett N B of JackFlorida Nat Bank__Guaranty T & S B..Heard Nat Bank__Tampa-

American Nat BankBank of CommerceExchange Nat BankFirst Nat Bank _ _

350,000750,000500,000100,000

1,000,000

250,000100,000250,000,400,000

871,162753,041296,39449,239303,162

187,044220,000292,894482,627

7,660,6556,286,0805,109,483448,275

3,702,938

1,399,730550,000

2,162,3742,770,350

100100100100100

Per 'share.

OEOROIA-Nat. banks Dec. 31; State institutions latest returns.

Atlanta-American Nat Bk__ 600,000 639,116 3,632,080

Atlanta Nat Bank.... 1,000,000 1,339,094 6,977,200

Central Bk & TrCor 1,000,000 570,000 4,500,000

Fourth Nat Bank__ 600,000 1,024,753 7,989,877

Fulton Nat Bk____ 500,000 120,422 1,518,900

Ga Say 13k & Tr Co_ 200,000 124,529 639,463

Germania Say Bank 200 000, 38,247 196,110

Lowry Nat Bank__ 1,000,000 1,242,774 6,130,179

Third Nat Bank__ 1,000,000 932,339 5,753,596

Atlanta Trust Co.... 500,000 52,524 377,361

Trust Co of Georgia 1,000,000 1,009,060 2,758,129

Augusta-Augusta Savings Bk 50,000, 54,903 678,058

Georgia RR Bank_ 600,000 490,000 4,588,654

Merchants' Bank__ 200,000 301,037 886,048

Citizens dr Sou. Bk. Branchoffl ce see retu rn of bank

Nat Exchange Bank 400,000 225,560 1,241,178

Planters' L dx S Bk_ 50,000 212,047 1,033,492

Union Say Bank__ 100,009 43,995 832,944

Columbus-Columbus Say Bank 200,000 119,481 1,004,910

Fourth Nat Bank.... 300,000 100,067 467,608

Home Savings Bank 100,000 4,358 368,373

March & Mech Bk..1 125,000 133,670 438,654Nat Bk of Columbus 200,000 204,909 312,671Third Nat Bank__ 250,000 d378,166 d507,891Macon-

American Nat Bank 300,000 417,003 2,878,782Citizens' Nat Bank 250,000 1146,313 €1,423,732

Fourth Nat Bank__ 300,000 /318,686 t 2,828,907Macon Nat Bank__ 150,000 18,567 337,707Central Trust Co.._ 200,000 21,090 44,884Continental Tr Co_ 250,000 84,000 443,000Macon Savings Bk_ 200,000 21,888 238,084Savannah--

Citizens' & SouthBk 1,000,000 1,211,042 8,201,806Commercial Bank._ 100,000 44,637 413,599Exchange Bank...... 125,000 83,477 788,649Germania Bank...... 300,000 384,107 1,339,970Hibernia Bank ofSavannah 200,000 253,181 752,411

Merchants' Nat Bk 500,000 204,670 577,013Nat Bk of Savannah 400,000 d692,956 d3,118,904Oglethorpe Say dr Tr 125,000 274,846 1,757,375Savannah BkitTrCo 630,000 690,400 2,745,703Citizens' Trust Co.. 150,000 66,614 379,696Chatham Bk&TrCo 500.000 170,909 1,821.588

Per share.100 195 200100 275 285100 140 142100 280 2851001 106 110100, 160 170100 100 105100 225 227100 218 220100 60 65100 250 260

Per share.100 140 100 150 100 150 160und erSava nnah100 125 13010 40 45100 135

Per share.501 1001 100 100 100 100

I Per share.100 150 155100 116 117100 170 175100 72 75100 50 60100 90 95100 85 90

Per share.100 221 100 113 100 173 100 162

100 170 100 1083 100 205 100 y100 100 161 100 1331i100 120

IDAHO-Nat. banks Nov. 10; State institutions latest returns.

Boise City-Boise City Nat Bk..First Nat of Idaho_Idaho Nat Bank__Pacific Nat Bank__Overland Nat Bank;

250,000300,000100,000300,000100,000

r211,476395,31424,962

171,671e20,767

1.2,669,6911 100 2,435,410; 100 325,533' 100

1,238,181e410,827................

ILLINOIS-Nat. banks Dec. 31 (close of business); State institutions

Jan. 25 (opening of business).

Surplus GrossCapital. & Profits. Deposits. Par. Bid. Ask.

Aurora- $ $ $ Nom Mal.

Aurora Nat Bank__ 100,000 264,599 1,465,422 10!. 400 450

First Nat Bank____ 100,000 168,791 1,715,973 IOC 275 300

German-Am Nat Bk 100,000 152,019 1,360,496 100 275 300

Merchants Nat Bk_ 100,000 164,544 1,065,147 100 275 300

Old Second Nat Bk 200,000 101,094 931,064 100 110 125

Aurora Tr dr Say Bk 100,000 v8,495 v134,844 101

Chicago-Aetna State Bank__ 200,000 v26,097 v598,684

Amer State Bank.... 400,000 v167,660 v1,968,770

Atlas Exch Nat Bk 200,000 300,000Austin State Bank_ 200,000 49,392 2,404,059

Calumet Nat Bank 100,000 70,867 1,108,553

Capital State SayBk 200,000 29,096 550,189

Central Mfg Die Bk 250,000 64,984 1,463,694

Cont cfc Corn Nat Bk_ 21,500,00011,472,686 204507924

Corn Exch Nat Bk__ 3,000,000 6,886,800 79,659,693

DeposltorsStArSBk_ 300,000 v80,894 v812,419

Drexel State Bank.. 350,000 161,343 3,072,864

Drovers Nat Bank. 750,000 353,144 9,828,618

Englewood State Bk 200,000 v44,223 v1,490,749

First National Bank 10,000,00012,350,211 154879620

First Nat Englew'd 150,000 /271,394 /3,781,913

Foreman Bros Bg Co 1,000,000 532,804 14,324,984

Ft Dearborn N Bk_ 2,000,000 825,509 34,166,066

Garfield Pk St S Bk 200,000 51,267 1,204,060

Halsted St State Bk1 200,000 36,137 698,879

Hibernian Bkg Assn, 2,000,000 1,397,737 27,343,436

Hyde P k State Bk_ 200,000 v65,360 v1,057,580

Kaspar State Bank 400,000 v292,767 v4,729,427

Lake View State Bk 200,000 v6,029 v314,923

Lawndale State Bk 200,000 v85,990 v1,235,954

Lincoln State Bank 200,000 v21,4671 v496,852

Live Stk Ex Nat Bk_ 1,250,000 581,890'13,270,742

Mech & Trad St Bk 200,000 v71,002 v1,066,441

Nat Bk of Republic.. 2,000,000 1,285,910 25,484,483

National City Bank 2,000,000 880,144 31,573,916

Nat Produce Bank_ 300,000 178,277 /2,445,797

North Ave State Bk 200,000 75,831 2,496,919

NoSideStateSav Bk 200,000 v22,160 v1,235,301

North West State.... 300,000 v78,097 v1,682,226

Ogden Ave State Bk 200,000 v8,769 v420,857

People's Stock Y'dsState 500,000 225,717 5,172,432

PioneerStateSayBk 200,000 v38,594 v533,148

Roseland State S Bk 200,000, v58,860 v860,018

Second Security Bk 200,000 v67,477 v1,242,488

Security Bank 400,000 v228,007 v3,273,395

So Chicago Say Bk_ 300,0001 177,000 2,655,474

South Side State.. _ _ 200,0001 41,971 1,946,393

State Bk of Chicago 1,500,000 3,441,107 27,834,954

Stock Yds Say Bk _ 250,000 292,35.51 3,833,121

Union Bank of Chic 500,000 v157,819 v2,331,221

WashingtonPkNBk 100,000 e37,664 e1,953,269

West Englewood-Ashland State Bk 250,000 v56,071 v 1,020,870

West Town State Bk 200,000 43,356 764,464

Central Tr Co of ill 4,500,000 1,453,886 45,318,010

ChicCity Bkdr TrCo 500,000, v503,500 v3,281,614

ChicagoSBUcTrCo 1,000,000 264,137 7,888,101

Chic Title & Tr Co 5,600,000 h3,587,598

Cont & Corn T& S B 3,000,000 1,912,097 31,619,782

Drovers Tr dx Sav Bk 250,000 v259,444 v3,911,100

First Tr dr Say Bk. 5,000,000' 5,404,473 69,267,993

Ft Dearb Tr dc S Bk 500,000 v153,669 v3,832,997

Franklin Tr dr SY Bk 300,000 171,219 1,469,003

Greenehaum Sons'Bank & Trust Co 1,500,000 551,791 5,821,381

Guarantee Tr Ar Sav 200,000 v76,291 v545,096

Harris Tr it Say Bk 1,500,000 3,122,369 27,094,991

Home 13k dr Tr Co , 300,000 v94,634 v1,767,710

Illinois Tr dr Say Ilk 5,000,000 11,011,597 108473061

Kenw'd Tr dr Say Bkl 200,000 160,301 2,210,181Lakeview T & S Bk. 400,000; v142,402 v2,475,485Liberty Tr & S Bk., 250,000 50,234 1,246,056

Lincoln TrikSayB 200,0001 • v32,176 v286,539

Market Tr &Say- 200,000 v36,529 v449,698

Mercantile Tr dr Say 250,000 v67,549 v1,729,586

Merchants L & Tr Co 3,000,000 7,941,049 75,663,315

Michigan Av Tr Co 200,000 v75,277 v1,470,803

Mid-City Tr dr S Bk 500,000 161,007 3,083,681

Northern Tr Co Bk 1,500,000 2,753,868 34,164,205

Northwn Tr dr S Bk 300,000 160,140 5,010,100

People's Tr dr Say Bk 500,000 273,467 8,571,681

PullmanTritSay Ilk 300,000 v335,966 v3,894,852

Sheridan Tr Say Bk 200,000 59,170 1,949,196

Sou West Tr dr Say 200,000 v31,233 v753,665

Stand'rdTrArSavBk 1,000,000 457,914 6,286,609

Stockmen's Tr S Bk 200,000 v78,239 v1,168,268

Union Trust Co...... 1,500,000 1,500,000 1,573,494 30,979,941

W Side Tr dr Say Bk 400,000 153,811 4,721,461

Woodl'n Trill Say Bk 200,000 152,969 2,011,100

Elgin-Elgin Nat Batik...... 100,000, 820,032 s559,443

First Nat Bank........200,000; 138,467 886,713

Home Nat Bank......,15o,coa, 180,592 974,962

Union Nat Bank_ _ 100,000 r25,000 r450,000

Elgin City I3'k'g Co 100,000' v189,509 v1,476,380

Home Tr tic Say 13k 100,000 v84,971 v948,196

Peoria-Central Nat Batik 300,000 273,376 2,728,440

Coru'l Ger Nat Bk. 750,000 942,123 5,243,913

Dime Say it Tr Co_ 250.000 v183,665 v1,898,828

First Nat Bank. _ _ _ 550,000 505,922 3,936,026

Home Say itr. State 120.000 v183,869 v1,710,907

Illinois Nat Bank _ _ Merged in Merchants dr III Nat

State Tr dr Say Ilk 200,000 v64,402 v991,499

Merchants & Ill N II 500,000 226,567 3,722,632

First Tr & Say Bk.. 150,000 v282,869 v2,260,176

Qi,incy- I

Illinois State Bank , 300,000Quincy Nat Bank__ 100,000Ricker Nat Bank 500.000Mercantile Tr dr S B 200.000

State Say L & Tr Co 1,000,000

v22,72487,747

/402,167v90,112

v515,790

v1,083,3151,094,719/4,536,594v1,002,004v5,242,503

100

100100100100100100

100100100100100100100

100100100100100100•100,100100,100'10011001001100100,100

Per110190

210200110152272427121194220163475340

230131127

135290105260

220126163159167105125158

100 290100' 109100 100..

109tonIon100toooo

100

100100100100100100100100100

100100100100100100100100

_100100100100100100100100100100100100100100100100

100100100100

250220138390400145250

151115208255140

share.120197

112156273429125197230168478345

235135130

138300108265100225129166161171110128161

300112

--255225143400425150

155120211260142

310

157

135575179486180178145110

150435100190268275280200168125157150

315212

Per------

160

140650182489184183150120100154439110195272285285

170127159160

330215

share

100

100100

100100Bk.

100100

100

• Sale price. a Capital and surplus to be increased, b Capital to be increased. g Capital paid in: authorkel amount Is arger x Ex-divi-

dend. y New stock. v These figures date Nov. 11 1915. d June 23 1915. e Sant. 2 1013 1 Last sale n Doe. 31 1015 s May 22 1915.

Dec. 31 1915. r Dec. 311915. t Nov. 10 1915.

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

FEB 1916 BANKS AND TRUST COMPANIES. 57Where Names are Printed In Italics Fuller Returns may be Pound In the Advertising Columns

ILLINOIS-Nat. banks Dec. 31; (close of business); State institutionsJan. 25 (opening of business).

Capital.Surplus

it Profits.Gross

Deposits. Par. Bid. Ask.

Rockford- $ Per share.Forest City Nat Bk 100,000 174,160 1,159,971 100 *275Manufrs Nat Bank 200,000 78,519 1,773,741 100 *135Peoples Bk & Tr Co 125,000 n201,462 n1,292,576 100 *250Rockford Nat Bank 100,000 217,171 2,144,029 100 *300Swedish Am Nat Bk 125,000 43,679 756,667 100 *125Third Nat Bank_ _ _ 250,000 243,946 2,054,786 100 41200Winnebago Nat BkSpringfield-

250,000 310,655 1,690,183 100 Per

*200share.

Farmers' Nat Bank 200,000 e369,782 e2,135,974 100 First National Bank 250,000 226,881 2,001,782 100 Illinois Nat Bank_ _ 300,000 159,064 1,641,503 100 Ridgely Nat Bank_ 300,000 173,014 2,336,264 100 •Sp'gfield Marine Bk 300,000 n175,793 n2,266,392 100 State Nat Bank_ _ _ 200,000 e141,760 e1,418,602FirstT&SB ,Springf. 100,000 n100,446 n748,469 ___ Sangamon L&Tr Co 400,000 n70,842 n2,282,913

INDIANA-Nat. banks Dec. 31; State institutions latest returns.

Evansville-Citizens' Nat BankCity National BankOld State Nat BankWest Side Bank__ _Am Tr & Say BankMercantile Tr & S BFort Wayne-

First National BankGerm-Amer Nat BkHamilton Nat BankOld National Bank_Citizens' Trust Co_People's Trust Co_ _Tri-State L & Tr CoIndianapolis-

Commercial Nat BkContinental Nat BkFletcher-Am N 13k_Indiana Nat Bank_Merchants' Nat Bk_National City BankPeople's State BankAetna Tr & Save CoFarmers Trust Co_Fidelity Trust Co_ _Fletcher Say & Tr_Indiana Trust Co_ _Security Trust Co_Union Trust Co_ _ _West Side Trust CoTerre Haute-

First National BankMcKeen Nat BankTerreHaute Nat BkUnited States Tr Co

500,000350,000500,000100,000200,000100,000

500,000260,000300,000350,000200,000200,000500,000

300,000400,000

2,000,0002,000,0001,000,0001,000,000100,000

1,000,000100,000100,000

1,500,0001,000,000325,000600,000100,000

500,000500,000300,000500,000

223,444e433,6828333,960105,112114,11655,949

241,970vI17,494320,017189,56330,33497,147131,140

29199,709

1,193,5141,366,0801,088,217260,93626,52611,664

131,62713,630

291,774772,1699,134

661,20717,361

634,264340,534162,877113,882

4,513,562e4,004,31033,509,1641,470,3731,341,3261,301,361

4,601,362v 3,064,9573,447,4893,938,9241,507,5781,622,9075,119,987

710,8543,272,339

13,719,55313,951,7367,259,7242,865,355501,484

1,464,8911,181,075840,314

9,353,9418,148,3081,202,4862,480,941257,946

2,815,1682,898,5001,648,5712,794,436

Per100 100100 100 100

Per10() 10tY 1001 100' 50 50 100

____ 78 100 121 100 238 100 278 100 250 100, 1133.100 d50 50100 275 100 105 100 180 100 235 100 100 100 No minal !prices100 100 100 100

share.

'share.

119

55

300180165135

IOWA-Nat. banks Dec. 31; State institutions latest returns.

Burlington- Per share.Burlington Say Bk_ 100 000 34,462 1,014,426 100 110First National Bank 100,000 .840,096 100 y170Germ-Amer Say Bk 150,000 450,000 3,080,000 100 300Iowa State Say Bk_ 200,000 309,074 3,405,723 100 z250Merchants' Nat 13k 100,000 e131,074 .1,588,631 100 225National State Bk_ 150,000 170,817 1,173,781 100 250Cedar Rapids- No minal Prices

Ced Rapids Nat Bk 300,000 137,399 6,805,816 100; Cod Rapids Say 13k 200,000 138,000 2,306,000 1001 Iowa State Say Bk_ 100,000 26,161 1,168,156 1001 Merchants' Nat Bk 300,000 451,020 6,729,179 100, People's Say Bank_ 50,000 26,000 860,000 1001 Security Say Bank_ 200,000 95,609 1,863,966 100 Amer Tr LE: Say Bk_ 100,000 110,000 2,000,000 100. Council Bluffs- Per share.City National Bank 120,000 57,044 1,153,407 100 Commercial Nat Bk 100,000 35,302 621,067 100' Coun Bluff Say Bk_ 150,000 188,362 2,381,943First National Bank 200,000 200,610 2,510,467, I State Savings Bank 50,000 105,000 1,163,9141-100' Davenport- Per share.Davenport Say Bk_ 300,000 454,923 4,527,911 100! 300 315Farm & Mach Say_ 100,000 113,699 1,542,046 100; 250 260First National Bank 200,000 210,289 3,059,604 1001 275 300German Say Bank_ 600,000 936,907 10,711,527 100: 400 405Iowa Nat Bank__ _ _ 150,000 260,227 2,463,730 100! 250 300Security Say Bank_ 50,000 33,323 507,351 100i 165 Scott Co Say Bank_ 250,000 384,267 4,429,869 100: 360 '375Union Savings Bk_ 200,000 181,909 2,816,331 1001 310 ;315Citizens' Tr & S Bk 50,000 5,114 319,276 1001 135 140Des Moines- , Per share.Cap City State Bk_ 150,000 49,598 1,783,014 100 Central State Bank 250,000 268,554 3,212,860 100 Century Say Bank_ 100,000 16,577 1,343,301 100, Citizens' Nat Bank 300,000 156,709 1,881,552 100 Commercial Say B 50,000, 25,067 1,032,151 1001 Des Moines Nat Bk 750,000' 190,086 6,639,863 100: Des Moines Say Bk 200,000 118,520 2,534,577 100' Home Savings Bank 50,000 35,200 1,263,636 100 Iowa Tr & Say Bk_ 50,000 30,000 700,000 100: Iowa National Bank 1,000,000 580,039 7,307,277 100 Iowa State Bank_ _ 50,000 3,000 400,000 100 Mechanics' Say Bk 50,000 20,619 728,765 100 People's Say Bank_ 100,000 194,210 2,384,610 100' State Savings Bank 100,000 29,590 978,193 100 University State Bk 50,000 17,500 325,000 100 Valley Nat Bank_ 300,000 224,219 2,263,593 100 Valley Say Bank__ 30,000 133,567 1,190,407 100 Iowa Loan & Tr Co 500,000 597,07912,555,777 100' Dubuque-

Citizens' State Bk_ 100,000 17,560 591,600 100 100 110Dubuque Nat Bank 100,000 20,000 887,931 100 Dubuque Say Bank 75,000 24,602 1,000,212 100 125 130First National Bk_ 200,000 192,697 2,079,887 100 175 200German Say Bank_ 150,000 71,449 1,074,131 100 115 120German Tr & 8 13k_ 150,000, 150,000 2,050,000 100. 125 130Iowa Tr & Say Bk_ 300,000 185,429 1,661.365 1001 165 170Second Nat Bank__ 200.000 60,072 1,500,828 1001135 140

IOWA-Concluded.

Capital.Surplus

dt Profits.Uross

Deposits. Par., Bid. Ask.

Sioux City- $ $ S No mina! pricesContinental Nat Bk 100,000 11,214 397,435first National Bank 600,000 146,389 6,118,207 100 Live Stock Nat Bk_ 100,0001 124,961 2,611,298 100 Nat Bank of Comm 100,000 22,977 1,185,710 100 Northwest Nat Bk_ 100,000 115,579 1,556,552 100 Security Nat Bank_ 250,000 276,043 3,672,479 100 Woodbury Co S Bk 50,000 112.114 1,340,622100 Farmers' L & Tr Co 500,000 24,924 11,539,2381 100 KANSAS-Nat. banks Dec. 31; State institutions latest returns.Kansas City- 1 Per share.Commercial Nat Bid 300,000 434,972 5,748,678 10u 300 Exchange State Bk 100,000 116,492 1,402,315 100 250 People's Nat Bank_ 200,000 27,521 1,040,662 100 113 Banking Trust Co_ 200,000 250,000 100 100Kansas Trust Co__ 125,000 110,926 342,000 1011 250 Topeka-

Bank of Topeka___ 310,000 240,709 2,727,590 100 Central Nat Bank_ 200,000 103,699 2,490,264 100 Farmers' Nat Bank 100,000 27,440 497,388 100 Merchants' Nat Bk 100,000 105,139 1,762,956 100 Shawnee State Bk_ 60,000 35,107 691,297 log State Say Bank__ 100,000 68,997 1,403,714 100 Prudential Trust Co 100,000 68,297 470,722 100 KENTUCKY-Nat. banks Dec. 31; State institutions latest returns.Covington- 1 Per 'share.Citizens' Nat Bank 200,000 v167,440v 1,340,631 10- I

First National Bank 600,000 v180,033 v 2,543,838 10' German Nat Bank_ 350,000 v127,559 v 1,279,132 101 Covington S B & Tr 100,000 45,007 634,066 101 People's S Bk & Tr_ 100,000 31,870 568,384 10( Lexington- Per share.Fayette Nat Bank_ 300,000 311,370 1,319,634 101 232First & City Nat Bk 800,000 473,560 2,153,638 101 192 19234Phoenix&Third NB 800,000 191,020 1,687,912 10( 142 145Second Nat Bank.. 150,000 121,897 442,841 101 200 Louisville- Pershare.Amer-Southern N B 800,000 v70,922 v6,484,119 101 127Citizens' Nat Bank 500,000 640,374 4,420,943 100 280 325First National Bank 500,000 v186,576 v 2,024,782 100German Bank 250,000 593,974 4,328,147 100 350 Germ Insurance Bk 250,000 550,124 5,112,211 50 150 165German Secur Bank 179,000 187,910 1,091,734 100 195 Kent Tit S B& T Co 350,000 71,443 1,084,317 100 100 Lincoln Say Bank_ 350,000 38,132 785,886 100 85 88Loulsv Nat Bkg Co 250,000 123,823 1,988,409 100 130Nat Bk of Comm 800,000 v516,159 v5,948,307 100 260 Nat Bk of Kentucky 1,615,000 v 1,592,874 v5,875,967 100 218Southern Nat Bank 500,000 Consolidat d with Am er Nat BankStock Yards Bank_ 100,000 71,749 612,461 100 175 200Union Nat Bank_ _ _ 500,000 v577,912 v 5,570,162 100 265 300Fidelity & Coium Tr 2,000,000 740,027 3,106,287 100 227 230Louisville Trust Co 806,100 234,233 1,609,372 100 152 155United States Tr Co 350,000 109,866 819,489 100 133Newport- Per share.German Nat Bank_ 100,000 v100,263 v746,363 100 170 175Newport Nat Bank 100,000 v93,467I v566.552 100 200 ,

LOUISIANA-Nat. banks Dec. 31; State institutions latest returns.New Orleans- , Per share..Bank of Orleans.... 100,000 . 94,571 1,803,824 100 250 Canal Bk & Tr Co_ 2,000,000 600.172 15,151,667 100 186 Citizens' Bk & Tr Co 400,000 167,997 2,560,465' 100 127 City Bank & Tr Co 150,000 80,316 2,141,461, 100 139 Commercial Nat Bk 300,000 618,492 5,620,496' 100 410 Commercial Germ ,Trust & Say 13k_ 1,250,000 885,739 11,731,4631 100 222 It-State Tr & BCo 750,000 510,749 6,024,196' 100 200 Metropolitan Bank 400,000 223,576 2,398,146 1C10 137 150Hibernia Nat Bank 400,000 c80,710 c 1,116,201

New Orleans N Bk 1,000,000 688,086 6,101,614 100 177 U S S Dp & Say Bk 100,000 154,460 1,441,859. 100 180 Whitney-Cent N 8.. 2,500,000' 1,600,00019,222,419 100 222 Hibernia Bk&Tr Co 1,500,000, 2,123,192'19,292,879 100 326Whitney-Cent Tr & ISavings Bank__ 200,000 326,126 6,345,126Shreveport- Per share.

American Bk&T Co 100,000, 18,667 230,4011 100 American Nat Bank 150,000 e35,922 e641,426, 100 Commercial Nat Bk 500,000 551,607 5,727,620 100 First National Bank 500,000' v254,919 v2,580,263 100 First Say B & Tr Co 100,000 69,764 828,218' 100 Conting B de Tr Co 300,000, 42,000 1,250,000 125' Red Riv Val B & T 150,000' 60,000 425,000 10 MAINE-Nat. banks Dec. 31; State institutions latest returnsBangor-Pershare.

First National Bank! 400,000 366,030( 1,519,240 100 150Merchants' Nat Bk 100,000 269,564 825,299 100 300 second Nat Bank 150,000 490,266 744,817 100 315EasternTr& likgCo 175,000 557,017 5,045,351 100 335 345Kenduskeag Tr Co_ 100,000 124,913 1.212,648 100 160 Merrill Trust Co__ 200,000 277,740 2,322,690 100 225 Portland- Per share.anal Nat Bank... 600,000 v117,689 v 2,702,660 100 105 107

-.;hapman Nat Bank 100,000 v37,674 v 1,780,982 100 105 107First National Bank 600,000 v191,409 v3,860,734 100 119 121Portland Nat Bank 300,000 v170,317 v7,668,474 100 180 185Fidelity Trust Co__ 400,000 530,110 8,534,500 100 205 207:3asco-Merc'ntile Tr Began bu siness Jan 1 1916Union S D & Tr Co 250,000 305,947 719,352 100 180 190

NARYLAND-Nat banks Dec. 31; State institutions latest returns.Baltimore-, Per share.

3alt Commer'l Bk 281,500 1 61,431 874,8073alvert Bank 100,000 66,881; 2,635,404 a. 703anton Nat Bank_ 100,000 e28,000 e957,000 105 1003Itizens' Nat Bank 1.000,000 2,157,192 13,234,617 It. 4234 4334.,ornmonw ith Batik 200,000 137,116 3,070,169 5C 90 1 3rov & Mechanics' ,

INat Bank-13k_

600,000 476,063 7,395,992 10: , 200 ,220;'arm & Mer N 650,000 281,416, 3,574,600 40' 4534' 4634,irst National Bank 1,000,000 369,109; 7,687,254 103 139 141lerman-Amer Bank 300,000 158,910; 1,473,353 100 108 i `erman Bk of Balt 400,000 258,307 1,536,420 100 120 ' :lercantile Bank__ 100,000 104,640 1,265,360 25 45,Ierch-Mech Nat__ 2,000,000 1,858,432 19,451,663 10 28 29at Bank of Baltim 1,210,700 398,163 7,497,329 100 156

iat Bank of Comm 500,000 590,691 7,621,152 15 33 1 34,Iat Exchange Bank 1,500,000 856,906 5,612,258 100 148 ;152

I*Sale price. a Capital and surnlits to lm Increased. b Capital to be Increased.g May 20 1915. n Nov. 11 1915. rApril 30 1915. s Oct. 23 1915. t Includes debentures. r Nov. 10 1915. d This is amount paid in omshares, per value $100: we quote per share, not per cent. y Last sale. e Sept. 2, 1915.

Ex-stividend. c Figures date Jun,.. 23 1915.

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

56 BANKS AND TRUST COMPANIES [VOL. 102.

Where Names are Printed in italics Fuller Returns may be Found in the Advertising Columns.

MAR YLAND-(Continued. MASSACHUSETTS-(Continued.

Capital.SurplusProfits.

GrossDeposits. Par. Bid. Ask. Capital.

Surplus& Profits

GrossDeposits Par. Bid. Ask.

Bait. (Con.)-Nat Marine Bank__Nat Un Bk of Md....Old Town Nat Bk_Second Nat Bank__State Bk of Mary'dWestern Nat Bank..Baltimore Trust CoColonial Trust Co_Continental Tr Co..Fidelity Trust Co.._M'cil'd Tr Co Mere Tr & Dep_ _Equitable Trust CoSafe Dep & Tr Co Union Trust Co_ _ _

Frederick-Citizens' Nat BankFar & Mech Nat BkFranklin Say Bank_Fred'k Co Nat Bk_Fr'k Town Say InstCentral Trust Co.._Frederick Trust Co

400,0001,000,000250,000500,000500,000500,000

1,000,000300,000

1,350,0001,000,0001,000,0001,500,0001,000,000600,000500,000

100,000125,00090,000150,0001

k150,0001200,0001100,000

197,622661,334z133,6911,067,000176,717552,879

2,139,63267,874

1,591,2501,252,172274,480

3,183,170131,637

2,542,844268,914

421,998163,16145,95779,559133,667213,47225,000

2,780,5162,918,962

v 1,656,9011,282,1932,731,7203,511,1235,694,6021,136,1058,844,04811,582,0293,271,888

16,801,9736,632,31011,016,4453,417,055

3,759,0981,582,271565,350828,640

1,505,7031,257,693161,403

301001010025 2050251001001005010010050

100 25 100 15

Inn 100 50

Per3913313

200

36 14528 165300 11121934600 69

Per

share.41139

_28

155

185

11522538

723

share.

Holyoke-City National Bk__Hadley FalleNatBkHolyoke Nat Bank..Home Nat Bank__Park National Bk__

Lawrence-Bay State Nat Bk_Arlington Trust CoLawrence Trust CoMerchants' Tr Co_

Lowell-Appleton Nat Bank]01(i Lowell Nat Bk..1Union Nat Bank....

Wameelt Nat Bank Lowell Trust Co_ Mid'sex S D & T

Lynn- Central Nat Bank_ ,

Lynn National Bk_'Manufae're Nat BkNational City Bk....Essex Trust Co_ _ _ _Lynn S Dep & T CoSecurity Trust Co_

New Bedford-First National Bk....Mechanics' Nat Bk'Merchants' Nat BkN Bed S D & Tr Co

Peabody-Warren Nat Bank_

Salem-Merchants Nat BkNaumkeag Tr Co__Salem S D dr Tr Co.

Springfield-Chapin Nat Bank_ _Chicopee Nat Bank

Springfield Nat Bk_ Third Nat Bank__

Commercial Tr Co_Springfield S D & T

Union Trust Co__

Taunton-Bristol Co Nat Bk_

Machinists' Nat BkTaunton Nat Bank

Worcester-Mechanics' Nat BkMerchants' Nat Bk_Worcester Nat BIL,Worcester Trust Co

500,000200,000200,000250,000100,000

373,000200,000100,000300,000

300,000200,000350,0001250,000'237,700100,000

200,000Absorbed

200,000200,000250,000100,000200,000

1,000,000600,000

1,000,000200,000

200,000

200,000250,000200,000

500,000400,000500,000500,000350,000500,000500,000

500,00(1200,000600,000

200,000750,000400,000

1,000.000

198,362171,265327,769205,22787,897

151,94757,82147,526168,079

226,17077,819

434,266117,62685,86752,633

364,652by Lynn125,279

n168,782352,922263,460303,444

892,290708,428

1,292,707262,804

v128,347

313,190160,382122,311

268,229444,940791,504771,247108,863864,256775,907

56,664160,017240,981

356,274723,617475,190559,249

1,954,6331,240,8102,130,8331,628,193844,340

1,084,844d1,065,451d2,023,4543,373,767

1,199,9981,156,8172,767,965305,485

1,580,000d584,247

2,887,741Safe Dep &2,226,370n2,320,0002,183,3233,480,9254,024,820

1,299,7001,933,2092,606,6501,932,824

v 1,021,177

2,608,0114,150,350968,927

2,311,1643,995,6195,598,8587,281,729546,682

5,910,07610,324,071

912,626647,443849,474

6,180,8108,979,3434,974,92711,080,290

100100100100100

100100100100

100100100100100100

100

100100100100100

100100100100

100

No50100100

100100100100100100

100100100

11)0100100inn

Per115140185150100

Per175125 125 150

Per103100192089598

Per230 Co140 150 225 250 200

Per147% 164 200 255

Per115Per

minal/85160

133175230230

230275

Per103A 150 106

Per200 185220 223

share.118150195155103

hare.

share.105103195102100100

share.

share.

275

share.

share.prices

116.6-

140180240235

235295

share.

share.

195

230

N1ASSACH USETTS-Nat.bks.(eze.Boston)Dec. 31; State ins!. latest ret'ns.

Boston-Boylston Nat BankCommercial Nat BkFirst National BankFirst Ward Nat BkFourth-AtlanticNat Bank

Hyde Park Nat 13k_Merchants' Nat BkMutual Nat Bank_Nat Rock Bk of RoxNat Security Bank_Nat Shawmut BankNat Union Bank Old Boston Nat BkPeople's Nat, RoxbSecond Nat Bank_ _Web&Atlas N't BkAmerican Trust CoBeacon Trust Co_ _Boston S Dep de TrCharlestown Tr CoColumbia Trust CoComm'w'Ith Tr Co_Cosmopl'n Tr Co....Dorchester TrCo_ _Exchange Trust CoFederal Trust Co Fidelity Trust Co_ _International Tr CoLiberty Trust Co.. _Market Trust Co...Massachus'ts Tr CoMattapau D&T CoMetropolitan Tr CoNew Eng Trust Co_Old Colony Tr Co_Old South Tr CO_ _ _Paul Revere Tr Co.Prudential Tr. Co_Puritan Trust Co State St Trust Co_ _Tremont Tr. Co _ _ _T7 S Trust Co

Beverly-Beverly Nat Bank..

Brockton-Brockton Nat BankHome Nat Bank.. _ _Plyrn'th Co S D dr T

Cambridge-Cambridge Tr Co....Central Trust Co Charles Riv . Tr. CoHarvard Trust Co_

E. Cambridge Lechmere Nat Bank

Fail River-Fall Riv Nat Bank..First National Bk....Mass-Pocasset NatMetacomet Nat BkDurfee S Dep & Tr_

Fitchburg-Fitchb'g Bk& Tr CoSafety F"d Nat Bk_

Gloucester-Cape Ann Nat Bk_Cape Ann Say BkGloucester Nat Bk_Glou S D & Tr Co

Haverhill-Essex Nat BankFirst National Bk Haverhill Nat Bk...Merchants' Nat BkMerrimack Nat BkHaverhill Trust Cr)

Deposits of700,0001250,0001

5,000,00011,864,244Merged in1

1,500,000100,0001

3.000,0001Merged in

$00,000250,000

10,000,0001,000,000900,000300,000

2,000,0001.000,00011,000,000600,000

1,000,000200,000,100,0001

1,000,000;200,0001200,000;600,000i

1,000,0001750,0001

1,000,000200,000250,000!500,800100,000,300,000

1,000,0006,000,000200,000200.000

' 200,000200,000

1,000,000200,000300.000

300,000

300,000500,000100,000

100,000200,000200,000200,000

100,000

400,000400,000650,000750,000400,000

500,000200,000

150,000. ;100,000'200,000

100.000200,000200,000200,000240,000200,000

banks dal360,107267,474

Metropolitan

1,579,408119,341,00085,069

3,271,341Metropolitan

626,6891,000,0007,393,4381,214,683366,437296,829

3,428,9011,322,1762,507,514975,966

3,133,63734,95755,774718,422127,49989,464418,725409,526203,863

1,143,517309,478227,387303,455161,947312,044

3,189,4396,568,732

92,68973,13261,599200,127

1,647,96977,767

1,480,677

204,744

295,140342,89742,742

184,207339,464203,522267,841

v126,772

306,464463,993467,440340,135503,379

281,329v339,041

v 132,657333,009

v115,385356,847

115,381282,404393,274186,918283,48376,574

te Jan. 294,055,0002,279,000103 896000

Tr Co

h704,74161,625,000

Tr Coh3,958,8812,023,000121841 00012,706,0002,596,000

h2,876,05832,611,0006,777,00018,531,66512,840,16514,991,087d1,446,918

846,62619,775,309d3,565,403d3,503,464d5,212,3498,210,3872,593,826d 142583803,445,482

d1,651,6514,199,3541,372,2273,585,67623,063,777114409530

857,7652,322,974d435,488

d2,682,99822,150,871

833,721d7,689,847

1,202,830

2,666,5143,193,5762,273.591

2,568,7764,844,5571,728,7172,393,422

v757,033

2,190,0651,277,0122,581,9351,509,1912,546,549

3,518,938v2,300,410

v 1,113,4062.950,750v627,308

3,931,205

1,268,3071,823,8161,713,0741,302,7331,176,8231,827,618

1916100Ion100

100100 100100100100100100100100100100100100 100 100 100100 100 100100100 100100100100 1001001001100100100100100 100' 100

100

100100100

100 100 100 100

100

100100100100100

100100

100

100

100 100 100 100 100 100

Per125165425

205

292

275400195195130140310210365250

175

150125

256140

200

250110120

Per*150

Per 'share.150 )

125

Per1

Per

Per130200 157A 118 200

Per145185

Per

share.130

1215

1295

!30014251197;200;135;145;3151215,370'275

180

160135

260150

2551201311

share.

140

share.

share.

share.

share.150190

share.

MICHIGAN-Nat. banks Dec. 31; State institutions Dec. 31.

Bay City- Bay City Bank__

People's Commer-cial & Say Bank_

Detroit-Amer State Bank__Central Say Bank__Detroit Say Bank....Dime Save Bank__First & Old Nat Bk-German-A mer Bk_Federal State Bank

Merchants' Nat Bk

Michigan Say Bank

Nat Bk of Com'ce_Old Detroit Nat BkPeninsular State BkPeople's State Bank_

United Savings BkWayne CoHoSayBkDetroit Trust Co__Security Trust CO.Union Trust Co...._

Grand Rapids-City Tr dc Say Bank,Corn'cial Say I3ankiFourth Nat Bank....1Gr Rap Nat C'y Bk1Gr Rapids Say Bk_Kent State Bank__Old National Bank__

People's Say Bank Grand Rapids TrCo Michigan Trust Co

Saginaw-Bank of Saginaw__

Commercial Nat Bk German-Am St Bk_

People's Say Bank Second Nat Bank__

250,000

300,000

250,0001500,0001750,000

1,000,000,6,000,000'500,000,250,000'

1,000,000,Consolidated1,000,0001Merged In1,000,0002,500,000500,000

2,500,0001,000,000500,000

1,000,000

200,000200,000300,000

1,000,000250,000500,000800,000100,000300,000200,000

500,000100,000100,000100,000500,000

v284,293

3281,436

58,837170,841

1,148,2811,027,0822,702,261137,90974,590342,841with W803,027

First &Old731,321

3,532,101145,787

3,397,2991,937,647856,474650,009

93,297106,263292,946485,392163,700568,465976,340132,290163,889793,291

885,873103,44660,264112,521631.487

v2,292,285

33,432,914

3,786,2187,878,17513,460,07122,879,14747,600,7675,361,1671,195,6086,206,491ayne Co 1115,812,586Nat Bank16,937,21351,616,3495,439,12636,655,15096,950,80493,655,49594,208,312

1,494,0072,238,4903,579,9477,083,9564,735,7777,615,6977,594,1891,950,8809208,9319867,365

9,061,568948,903

1,360,0891,128,4635,413,861

100

100

100100100 100100100100100

orne100

10('100100100100100too

100 100

.100100100100100100100100

100100100100100

Per175

200

Per170 242

275 180

117169

Say Bk 209

295 268220 343375243

Per

220 220 103250 250 190 250 150 750

Per350230 200200 235

share.185

225

share.

290

198

179

280

425247185

share.

share.360

225

• Sale price. a Capital to he increased. 'New stock. d Includes sayings deposits. e Capital paid In; authorized amount 19 larger. k This

is the so-called "weekly deposits," now forming capital on which dividends are paid. z 1 Last sale. n Oct. 28 1915 I Nov. 10 1915.

1 June 23 1915 4 Dec 31 1915 Includes trust deposits. 0 Jima 1 1914. s Sept. 2 1915.

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

FEB., 1916.] BANKS___=----

in italics

AND TRUST COMPANIES 59Where Names are Printed Fuller Returns may be Found in the Advertising Columns.

rIII1NNESOTA-N at. banks Dec. 31; State institutions latest returns. MONTANA-Nat. banks Dec. 31; State institutions latest returns.Capital.

Surplus , Gross& Profits Deposits Par . Bid. Ask.

, SurplusCapital. & Profits

GrossDeposits Par.' Bid. Ask.

Duluth-Amer Exch Nat BkCity Nat Bank _ _ _ _First National BankNorthern Nat Bank

Minneapolis-East Side State Bk _First & Secur Nat BkGerman-Am Bank_Hennepin Co Say BMerch&Man St BkMetrop Nat Bank..Northwest Nat BankSt Anth'y Falls Bk_Scandinay AmNBkSouth Side State BkUnion State Bank_Minn L'n & Tr Co_St. Paul-

American Nat Bk.. _Capital Nat Bank__First Nat Bank_ _Merchants' Nat BkNat Bank of CommScandinay Am Bk_Stock Yards Nat BkCapital Tr & Say BkMarch Tr & Say Bk

$500,000500,000500,000250,000

- 100,0005,000,000200,000250,0001100,0001300,000

4,000,000200,000

1,000,000100,000100,000

1,000,000

400,000500,000

3,000,0002,000,000400,000100,000300,000250,000500,000

I; 11,964,627309,6471

2,283,50013,692,444137,8471

37,2684,711,176225,706283,75952,82981,386

2,917,304114,554256,57968,89060,782

486,447

146,221251,771

v2,804,1602,205,876132,024139,809104,636265,817100,000

S 110,056,2953,537,132

2,360,390

842,88364,910,1143,263,3646,200,843987,549

1.648,09047,757,4662,114,564

11,182,9051,315,9461,118,7363,555,577

3,395,8927,082,174v4815942126,013,1872,219,8191,818,2602,424,2602,067,747Beganbus

100100100100

100 100 100 100 100 100 100 100 100 100 100 100

100100100 1001 100'100100100Dec.

Per460 125 520 130

Per

Per125150

155 232

240 1 1915

share.

share.

share.137160

250

Butte-First Nat Bank__ _ _1 300,000 319,227Miners S Bk & T Co: 200,000 56,219Silver Bow Nat Bk_1 200,000 /26,511Daly Bank & Tr Col 100,000 454,007Helena-

Amer Nat Bank___; 200,000 232,294 Nat Bk of Montana' 250,000 149,007 Conrad Tr & S Bk_ 200,000 100,595 Union Bk & Tr Co_ 250,000 366,792

6,064,027951,668/644,556

6,270,097 100

3,329,9701 100 3,182,863 100 2,392,4881-3,506,195 100

Per

Nom

share.

inal.

NEBRASKA-Nat. banks Dec. 31; State institutions latest returns.LI ncol n-

Central Nat BankCity Nat Bank__

First Nat Bank Nat Bk of Com'ce

Omaha-City Nat Bank........Corn Exch Nat 13k_First Nat Bank__Merchants' Nat BkNebraska Nat BankOmaha Nat Bank....

State Bank U S National Bk South Omaha-

Live Stock Nat Bk_Stock Yds Nat Bk_Packers Nat Bank_

150,000250,000500,000200,000

Merged300,000500,000500,000200,000

1,000,000300,000

1,000,000

200,000750,000200,000

63,04087,579

337,167135,017

in State B104,223

1,179,919890,671s92,979

1,013,75954,633

801,799

80,286743,017

d120,000

1,515,1132,128,9253,405,3211,780,788

ank.1,880,674

12,116,6267,780,926a2,232,92913,312,2941,523,141

13,204,271

. 2,718,9406,228,925

d2,250,000

100 DAM 100 100,

1001100100100100100100

100100100

Per share.

170 200350 '400225 1_ _ _125 1150210 '227Y2123 1126225 ;300Per share.

180 225212 240112 118

MISSISSIPPI-Nat. banks Dec. 31; State institutions tritest returns.Jackson-

Capital Nat Bank..1Citizens' Say Bk&TFirst Nat Bank _ _Jackson-State N BkMarch Bk & Tr Co..

Vicksburg-Amer Bk & Tr Co_ _Citizens' Nat Bank'City Say & Tr Co.__First Nat Bank_ _Home Savings Bk_ _Merchants' Nat Bk

200,00050,000100,000200,000250,000

150,000100,00050,000

300,000100,000100,000

154,59227,081

154,71249,24783,934

8,64948,00774,460

140,17448,800395,652

1,197,546409,952867,466810,466

1,274,729

460,745194,242

1,048,0741,052,325215,000941,384

1001

100 100 100 100 100 100

Per

Nomi

!share.

nal.

NEW HAMPSHIRE-Nat. banks Not. 10.Manchester-

Amoskeag Nat Bk_ First Nat Bank..... _

Manchester Nat 13kMerchants Nat Bk_

200,0001150,0001150,000150,000

h413,699 h2,137,414194,460' 1,061,595

r184,690 r1,890,126119,147 733,799

100 100 100' 100,

Per , share.

NEW JERSEY-Nat. banks Dec. 31; State institutions latest returns.Atlantic City-

AtlanticCityNatBk Boardwalk Nat Bk_ Chelsea Nat Bank..

Second Nat Bank.._Union Nat Bank_ _ _Atlantic SD Sc Tr CoGuarantee Trust CoEquitable Trust CoMarine Trust CoBayonne-

Bayonne Trust Co_Mechanics' Tr CoBridgeton-

Bridgeton Nat Bk_ Cumberland NatBk

Farm Sc Mer Nat BCumberland Tr Co..Camden-

Camden Nat Bank_First Nat Bank_National State Bk_Camden S D Sc TCoBroadway Tr Co.._Central Trust Co__Merchants' Tr Co..

Security Trust Co_West Jersey Tr Co..East Orange-

East Orange Bank_ People's Bank Essex County Tr Co

Elizabeth- Elizabethport B Co National State Bk_ Elizabeth Tr Co

Union Co Trust CoHoboken-

First Nat Bank _ _Second Nat Bank__Hoboken Trust Co..Hudson Trust Co.._Jefferson Trust Co..Trust Co of N

Jersey City-Claremont BankFirst National BankHudson Co Nat BkMerchants' Nat BkComing Tr N J___ _Greatly Bk Sz Tr CoLincoln Trust Co....Mercantile Tr Co....N T Go & Tr Co..

Union Trust CoLong Branch-

Citizens' Nat Bank First Nat Bank

Long Branch Bkg CoMorristown-

First Nat Bank_National Iron Bk _American Trust CoMorristown Tr Co_Mt. Holly-

Mt Holly Nat Bank Union Nat Bank

Farmers' Trust Co..Newark-

American Nat BkBr'd Sc Market N BEssex Co Nat Bk__

Mfrs' Nat Bank_Merchants' Nat BkNat Newark BkgCoNational State Bk_North Ward Nat BUnion Nat Bank___City Trust Co Clinton Trust Co Federal Trust Co Fidelity Trust Co.._Ironbound Tr Co

50,000200,000100,000100,000100,000150,000600,000200,000100,000

100,000200,000

100,000150,000150,000125,000

100,000200,000500,000500,000100,000100,000100,000100,000100,000

50,000100,000200,000

50,000350,000100,000300,000

220,000125,000100,000500,000200,000600,000

100,000400,000250,000200,000

1,000,000100,000150,000100,000

1,00(1,000300,000

100,00050,000100,000

200,000200,000150,000600,000

100,000100,000200,000

300,000200,000

1,000,000350,000500,000

1,000,000500,000200,000

1,500,000100,000100,000

1,000,0003,000,000200.000

v536,347e69,397v101,376283,3901147,055475,000407,062101,869191,240

262,276278,204

253,522540,00169,556139,144

116,010293,054568,591962,967128,019290,90458,133194,109123,681

41,776116,848212,337

104,824808,71420,571

361,767

623,347v317,072176,230

1,613,710142,426880,716

66,2741,249,844757,947s60,537

2,516,63282,020398,87676,000

1,168,766261,219

8191,7628201,11430,000

207,07070,00033,819

1,015,777

v79,977v124,29767,360

v76,47070,851

1,679,727444,071769,823

1,911,517558,174389,379

2,396,78790,71782,989

1,396,5353,214,274262,444

s2,187,062e738,093v988,6021,520,799/807,672

2,550,0002,481,992833,869

1,431,329

2,246,2774,914,847

1,314,4881,914,467570,663905,736

2,330,4773,262,2365,950,6307,799,7611,290,1621,886,6701,064,5212,808,7211,029,961

761,9301,562,3964,486,192

2,012,9204,196,758611,000

5,220,712

6,013,340v4,824,0532,083,084

17,491.5561,771,781

18,578,451

969,76310,967,7594,320,72381,169,93820,122,3781,702,0353,105,9332,703,958

10,087,8644,506,999

8645,393.1,125,295

376,950

3,740,6782,550,713462,525

8,090,846

v347,381v739,848792,927

v2,697,3221,412,245

10,069,1742,738,8134,597,71313,726,2313,598,2024,312,98614,714,1091,425,3871,287,7946,056,61224,067,9693,251,927

1001001002510025100100100

5050100 100

25100100100100100

100100100100...... 100100100100100100

100 50100 100'

1001005010010050.50100100100100100100100

Per19017020510521585135275205

Per150 140

310 Per92390 250625160 350Per

180 320

390275300200 29J

Per

125

359

Per110 100 ; 150 250 25518'7110370 345180 150 225 440230:240

share.20017521011522590140285210

share.

share.100

675

390share.

1390

425300320

150

share.'12251501 130

share.

192A115

355

;460

'MISSOURI-Nat. banks Dec. 31; State institutions latest returns.Kansas City-

City Centre Bank....1Com'wealth N Bk_Drovers' Nat Bk__First Nat Bank.._Gate City Nat Bk_Eat-St Nat Bank__Nat Reserve Bank..New Eng Nat BankProduce Exch BankSecurity Nat BankSouthw Nat Bk ofCommerce

Traders' Nat Bank:Stock Yds Nat Bk_Western Exch BankWestport Ave Bk_Commerce Trust CoFidelity Trust Co_ _Pioneer Trust Co Fidelity Says Tr Co

St. Joseph-Burnes Nat Bank.._First National Bk_German-Am N Bk_St Jos Stk Yds Bk_Tootle-Lemon N BkFirst Trust Co_ _Missouri Va; Tr Co

St. Louis-Baden Bank Boatmen's Bank Bremen Bank Cass Ave Bank_Central Nat Bank..Chippewa Bank Franklin Bank_ _German-Amer Bk_German Say Inst Grand Ave Bank Internat Bk St L.._Jefferson Bank.....Lafayette Bank.. Lowell Bank Manchester Bank.._Mec-Amer Nat Bk....Mercantile Nat Bk_March Laclede NatNat Bk of Com'ce_ _ _Night & Day 13k Northwest'n Bank_St L Union Bank South'n Corn & SaySouth Side Bank State Nat Bank Third National Bk_Union Station Bk American Tr Co.. B'way Say Tr CoChouteau Trust COCity Trust Co Easton-TaylorTrCoFarm & Mer Tr CO_Jeff-Grayols Tr Co_Laclede Tr Co Meramec Tr Co....Mercantile Tr CoMiss Vail TrNor St L Say Tr CoSt L Union Tr Co_Savings Trust Co_ _Vandeventer Tr CoWest St L Tr Co.._

100,000250,000500,000

1,000,000200,000500,000

1,000,0001,000,000100,000200,000

1 3,000,000200,000200,000100,000100,000

1,000,0001,000,000c267,500250,000

200,0001500,000200,009200,009200,00950,009100,001

100,0002,000,000200,0001100,000

1,000,000100,000;700,000

1,000,0001,500,000100,000500,000200,000200,000100,000250,000

2,000,0001,500,0001,700,000

10,000,000150,000200,000

2,500,000100,000500,000

2,000,0002,000,000100,000

1,000,009100,000100,000100,000100,000100,000100.000100,00050,000

3,000,0003,000,000100,000Does no100,00050,000100,000

17,1671287,2021207,4021

2,438,03969,499

1,117,517122,691575,00048,10290,000

1,197,47450,58965,194180,00067,917

916,2271,110,000372,30447,394

117,147345,319208,114110,000205,08711,62434,630

17,4271,235,714575,701111,68257,68994,676

617,494700,000

1,400,64255,520386,82917,967

909,64125,490101,617

2,727,017517,407

1,862,4892,108,497

17,337539,307

2,513,097222,442339,004801,174

2,049,67925,333

248,47892,74228,46110,77924,38690,04919,31416,5475,589

6,823,2725,282,884

59,964banking

5,4866,36029,467

312,3774,353,2547,401,456

30,075,8091,943,3488,286,4338,952,03714,681,832

917,7991,027,267

33,690,1832,818,5941,288,4721,446,669562,678

15,379,4348,943,5422,721,5862,181,576

2,483,0114,353,6464,585,6712,200,0003,973,6671,074,055850,376

480,24616,652,4493,563,4181,454,3039,220,2401,352,7155,654,8575,837,20513,104,0261,288,4344,524,8261,689,7364,551,648563,913

1,754,95035,439,4764,809,70713,804,56746,405,474

566,1354,953,17331,892,4621,703,3785,001,09811,303,25636,507,706

934,8505,663,090907,915384,348430,889264,956

1,367,599730,745396,169232,840

29,557,23819,556,996

994,101business473,063285,229502,657

1001100100100100100100100100100

100100100100100100100100100

100 100 100 100 100: 100, 100'

100100100100100100100100 100 100 100100'100100100100 100 100100100 _100

100100100100100100 100100100 100 100100100 100

100100100100100100

Per110300 40 550 140 550 107240 180127

210150155 395 .270 278 n330 250

Per

Per12515031521090240 300

200 100650

175

29099

300

300 250 189 235150

165115

200 115

3452951M 380105

110

share,112

115

213151

share.

share.

15232521595

201200240

105

120

260

295101

310

236160

125

125

350300

39011575120

• Sale price. a Figures of date May 1 1915. c Capital paid in; authorized amount is larger. g Amount paid in. k New stock. x Ex-dividend.pCapital to be increased d Nov, 1 1915. e Sept. 30 1915. n Including Fidelity Say. Sc Tr Stock. 1Last sale. r June 22 1915. a Sept. 2 1913.aune 23 1915. v Nov. 10 1915. h Dec. 311915.

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

60 BANKS AND TRUST COMPANIES [VOL. 102.

Where Names are Printed in Italics Fuller Returns May be Found In the Advertising Columns.

NEW JERSEY (Concluded.)NEW YORK-(Continued.)

Capital.Surplus& Profits.

GrossDeposits. Par. Bid. Ask. Capital.

Surpluscfc Profits.

GrossDeposits Par. Bid. Ask.

Newark (Con.)Newark Trust Co_ _

$100,000 60,000 1,357,421 100

Per140

share. N. Y. City (Con.)Chatham & Phenix

s Per cent.

Spegfld Av Tr Co_ 100,000 47,486 719,933 100 110 120 National Bank_ _ 3,500,000 2,063,200 61,550,000 100 200 '204

Washington Tr Co_ 100,000 65,000 700,000 100 160 Chelsea Exch Bk__ 400,000 156,402 v3,039,300 IOU 124 1135

West Side Tr Co__ 200,000 400,204 3,463,002 100 260 Chemical Nat Bank_ 3,000,000 7,847,200 32,535,000 100 395 '400

New Brunswick Per share. Citizens' Cent Nat. 2,550,000 2,250,290 27,769,000 10 177 185

Nat Bank of N J_ _ _ 250,000 534,902 4,693,966 100 285 290 City Bank, Nat'l__ 25,000,000 34,427,624 446094000 10 460 470

People's Nat Bank_New Bruns Tr Co,._

100,000100,000

177,126110,948

1,297,5602,092,667

100100

275200

280210

Coal cfc Iron Nat Bk_Colonial Bank

1,000,000400,000

706,092813,471

8,819,000 108,634,000 10

165456

1170

Passaic- Per share. Columbia Bank 300,000 645,060 7,990,000 10 300 325

Passaic Nat Bank_ _ 200,000 467,239 2,455,568 100 275 Com'ce, N Bk of__ 25,000,000 17,056,404 254521000 100 *173 175

Hobart Trust Co__ 100,000 143,547 1,568,671 100 Corn Exchange Bk 3,500,000 6,977,099 97,381,000 100 *335

Passaic T & S D Co 200,000 205,017 4,746,212 100 Cosmopolitan Bk_ 100,000 20,300 v891,300 100 100

People's Bk&Tr CoPaterson-

First National BankPaterson Nat BankSecond Nat Bank...Paterson Say Inst_ _Citizens' Trust Co_German Am Tr Co_

200,000

500,000300,000150,000

1,000,000150,000150,000

318,929

694,524468,669329,726327,329221,239393,492

3,387,022

3,824,2242,939,1004,164,72414,263,2492,482,9753,759,774

100

10010050100100100

Per260300 230 375 255 400

share.275

East River Nat Bk_Fidelity Bank Fifth Avenue BankFifth National 13k_First Nat Bank.._ _ _Garfield Nat Bank_German-Amer Bk_German Exch Bank

250,000200,000100,000250,000

10,000,0001,000,000750,000200,000

72,400184,930

2,226,777399,404

23,759,0241,243,700746,411800,371

2,653,0001,144,000

18,266,0004,949,0001773940009,778,0005,787,0004,076,000

251001004400100100WU75100

70158

*252 890190135350

1 801654800

905200145390

Hamilton Trust CoPatersonSD&TrCo

400,000300,000

450,000420,830

4,750,0003,685,904

100100

400 320 350

Germania Bank_ _ _Gotham Nat Bank_

200,000200,000

1,033,314 6,199,000165,700, v4,596,190

100100

375 450190

Silk City SD&T Co 200,000 169,447 1,931,303 100 200 230 Greenwich Bank _ _ 500,000 1,191,500 11,748,000 10') 265 .280

Plainfield-City Nat Bank_ ___ 150,000 n311,219 n3,270,739

Hanover Nat Bank.. Harriman Nat Bk_

3,000,000500,000

15,287,762 1417600001,078,400 v19723300

100100

610 620340

First Nat Bank_ _ _ _ 200,000 n181,009 n3,035,228 Impor & Triad Nat_ 1,500,000 7,562,000 32,679,000 1001 490 500

Plainfield Tr Co.._ _ 100,000 304,889 5,879,455 International Bank 500,000 116,500 v3,999,200 100'

State Trust Co_ _ _ _ 100,000 65,327 1,086,566 Irving National Bk 4,000,000 3,833,002 75,580,000 100 178 185

Trenton-Broad St Nat Bank 250,000 389,186 3,241,547 100 *193

Liberty Nat Bank_Lincoln Nat Bank.

1,000,0001,000,000

3,055,676'64,458,0001,926,310118,318,000

100105

700310

75033()

First Nat Bank._. _ 500,000 471,642 3,214,673 100 *200 ManhattanCo,Bk of 2,050,000 4,882,32057,500,000 59 295 305

Mechanics' Nat Bk 500,000 1,116,390 6,125,814 50 *240 Market & Fulton

Trenton Bkg Co_ _ _ 500,000 685,120 2,932,252 50 *110 Nat Bank 1,000,000 1,964,642 10,400,000 109 235 245

Mercer Trust Co_ _ 100,000 115,597 1,413,097 100 Mech & Metals

Trenton T & S D Co 200,000 287,397 3,252,016 100 National Bank__ 6,000,000 8,952,547 146750000 100 270 275

NEW MEXICO-Nat.banks May 1. 1915Merchants' Nat BkMetrop's, Bk of the

2,000,0001,000,000

2,196,9842,100,100

34,203,00014,161,000

5,10,;

175290

182305

Albuquerque-First Nat Bank_ __ _ 300,000 66,1441 3,499,826

Per ;share.1oo,

Metropolitan BankMutual Bank

2,000,000200,000

1,919,104460,300

9,964,0005,780,000

10010,

170325

180

New Neth'Iand Bk_ 200,000 243,727 3,576,000 10,‘ 210 225

NEW YORK-Nat. bks. (except N. Y. City) Dec. 31: Slate inst. Dec. 31.N Y Co Nat Bk_ _ _NYN BA,Bk of.

500,0002,000,000

1,186,4004,720,284

10,769,00035,926,000

10,10

725375

8251385

Albany- , Per share. Pacific Bank 500,000 996,800 4,977,000 5 274

First Nat Bank_ _ _ 600,000 418,6571 7,049,939 100 155 i160 Park Bank, Nat _ 5,000,000 15,257,990 151427000 10- 418 425

Mech & Farmers_ _ 250,000 1,079,4761 2,275,702 loot 560 1600_

People's Bank 200,000 436,262 2,697,000 25 220 235

Nat .Commercial BkN Y State Nat Bk_

1,000,000500,000

1,724,319,22,707,414629,697 21,028,230

100. 300 315100! 285 300

Produce Ex Bk N YPublic Bank

1,000,000750,000

997,886407,949

14,220,000v12256,000

10,100

210 125 175

Albany Trust Co__ 400,000 312,928 8,301,337 1001 160 1170 Seaboard Nat Bank_ 1,000,000 2,810,791 42,212,000 10: 415 440

Union Trust Co___ 250,000 610,349 5,168,302 100! 325 I Second Nat Bank.._ 1,000,000 3,211,764 15,733,000 100 395 425• Security Bank Absorbed by Centur y Bank

Auburn-Cayuga Co Nat BkNat Ilk of Auburn_

200,000200,000

251,447108,279

1,432,8821,427,205

Per i!share.100 100. 1

Sherman Nat Bank State Bank

Twenty-third W Bk

200,0001,500,000200,000

95,800557,500121,200

v3,242,00023,709,000v2,749,400

100100100

125110100

135135135

Auburn Trust Co__ 150,000 /157,299 /2,307,191 Union Exch Nat Bk 1,000,000 1,018,700 11,807,000 100•I37 _Wash Ins, Ilk of... 100,000 393,600 1,561,000 100 275

Binghamton-Per ;share. Westchester Ave Bk 100,000 73,600 v1,089,500 10C 160 175

City National Bk__ 200,000 229,189 1,251,834 100 185 1187 West Side Bank_ _ _ 200,00(1 701,109 4,647,000 100 400 450

First Nat Bank__ __ 400,000 a231,901 a2,773,425 100 170 1172A Yorkville Bank_ _ _ _ 100,000 532,900 5,948,000 100 475 550

People's Tr Co__ __ 500,000 /125,546 /3,380,977 100 140 1145 Astor Trust Co _ _ _ _ 1,250,00) 1,541,100 30,983,500 100 398 410

Bankers Trust Co_ 10,000,000 14,694,100 269330000 100 455 165

Brooklyn-Depo sits of Broo klyn banks are reporte d net and ar.le of Broadway Trust Co 1,500,000 902,540 23,245,424 100 147 155

date Jan. 29 19 16. Surpl us and pro fits are of date Dec. .31 Central Trust Co... 3,000,00017,502,200 175480500 100 113.5 1150

1915 for Nation Wand Dec. 31 for Slat e Banks. Per cent. Columbia Trust Co 2,000,000 7,659,694 88,t154,600 100 540 550

Bank of Coney IsI'd 100,000 57,800 v523,300 100 ;140 Commercial Tr Co_ 500,000 134,040 3,649,303 10:1 110

Bank of Flatbush_ _ 100,000 60,200 v1,045,200 100 134 142 Empire Trust Co.. 1,500,000 1,375,181 31,577,275 10.; 290 297

First National Bk_ _ 300,000 668,300 4,620,000 100 255 265 Equitable Trust Co 3,000,001) 9,608,500 136564600 100 445 455

Greenpoint Nat Bk 200,000 160,500 v1,483,000 100 115 130 Farmers' L & T Co_ 1,000,000 7,382,949 159347878 25 1205

Hillside Bank 100,000 33,300 v597,000 lOOt 100 115 Fidelity Trust Co... 1,000,000 1,204,800 10,018,000 100 207 212

Homestead Bank 200,000 52,100 v760,700 100! 90 Fulton Trust Co_ _ _ 500,000 702,120 8,494,687 101) 280 300

Mechanics' Bank_ _1 1,600,000 772,400 18,284,000 5' 130 145 Guaranty Trust Co 20,000,00022,999,174 430912300 100 410 416

Montauk Bank....Nassau Nat Bank_

100,0001,000,000

20,700, v673,0001,101,400 8,898,0001

MI 85 1101001 195 205

Hudson Trust Co....Lawyers' Title Sr

500,000 600,821 4,129,716 100 135

National City Bank,North Side tank_ _IPeople's Nat Bank..Ridgewood Nat BkBrooklyn Trust Co_ ,Manufact'rs' Tr Co'

300,000200,000200,000100,000

1,500,0001,000,000

575,290; 5,382,000193,700, 3,522,000150,796, v1,823,40080,000 v1,688,300

3,730,44638,431,229351,600 11,958,700

50 270 :280100 170 1185100 130 1140100 100 495 '510100 140 1145

Trust Co Lincoln Trust Co..Metropolitan Tr CoNY L Ins & T Co..New York Trust CoTitle Guar & Tr Co

4,000,0001,000,0002,000,0001,000,0003,000,0005,000,000

5,386,077503,891

6,087,3294,063,29911,247,09411,869,264

18,746,34815,226,93557,190,27436,807,43778,193,88634,556,266

10010010,)1001011100

122120 420990600390

127

4301010610400

Franklin Trust Co_ 1,000,000 1,257,869 22,094,872 100 250 260 Transatlantic Tr Co 700,000 450,000 5,087,385 100 155

Hamilton Trust Co 500,000 1,085,934 8,537,778 ou 265 '275 Union Tr Co of N Y 3,000,000 5,162,097 82,338,926 100 375 385

Kings Co Trust Co_ 500,000 2,635,314 21,728,435 100 630 .650 U S Mort & Tr Co_ 2,000,000 4,241,609 79,920,700 100 390 400

People's Trust Co_ _ 1,000,001) 1,603,822 22,186,818 100 280 287 U S Tr Co of N Y... 2,000,000 14,303,199 66,186,577 100 1020 1050

Buffalo- Per share. Jamaica, L. I.-

Bank of Buffalo _ _ _ 1,000,000 1,511,774 20,589,672 100, 300 Bank of Long Isl'd _ 900,000 557,400 7,661,700 10.

Black Rock Bank-Began bus mess Jan. 3 1916 First Nat Hank...... 100,000 19,400 779,600 100

Central Nat Bank_ 1,000,000 653,911 6,385,027 100 h225 Queens Co Trust Co 600,000 93,800 2,272,200 10' 85

Citizens' Bank__ _ _ 200,000 306,167 5,268,480 100 240

German-Amer Bk_ 500,000 635,401 13,194,278 100 285 Rochester- Per *hors.

Manuf & Trad NatMarine Nat Bank. _

1,000,0005,000,000

1,690,9404,602,966

31,130,77851,785,644

100' 450 460100 330 335

Alliance Bank Central Bank

275,000250,000

512,663347,979

9,203,4477,218,572

10-)100

250223 530-

Market Bank 100,000 67,171 1,770,930 100 175 Merchants' Bank_ _ 300,000 384,967 5,781,430 100 205 210

People's Bank__ . _ _ 600,000 1736,249 t10169,769 100 225 Lincoln Nat Bank_ 1,000,000 1,530,787 15,492,961 100 210 215

Third National Bk_ 500,000 227,439 4,705,939 100 110 135 Nat Bank of Corn.... 750,000 a778,682 a9,363,326 100 171 180

Un Stock Yds Bk.. 250,000 104,486 3,336,445 100 130 140 Traders' Nat Bank.. 500,000 425,204 7,194,134 101) 160 175

Bankers Trust Co_ _ 1,000,000 340,141 6,236,161 100 225 230 Fidelity Trust Co__ 200,000 297,144 9,380,170 10 280

Buffalo Trust Co.. 250,000 170,667 4,783,299 100 185 Genesee Val Tr Co_ 400,000 /113,814 /8,444,888 10' 150

CommonwIth TrCo 500,000 236,591 8,415,301 100 170 175 Roch Tr & S D Co.. 500,000 /747,291 21995 521 100 350

Fidelity Trust Co.. 500,000 503,170 12,561,074 100 260 275 Security Trust Co_ 300,000 517,667 15,27:1,910 10' 430

Elm Ira- Per share. Union Trust Co___ 500,000 484,799 10,009,091 1(1 180 105

Merchants' Nat 13k 150,000 a72,944 a801,071 100 Second Nat Bank.. 400,000 515,309 3,970,671 10!i Syracuse- l'er share.

Chemung Can T Co 600,000 563,909 4,955,064 101' City Bank 500,000 /169,179 13,018,231

Commercial Nat Bk Merged In Syracuse Trust Co to.

New York City- Deposi's of N. Y. City banks are reported net and First Nat Bank__ 1,000,000 581,129 8,547,771 101.'

are of date Jan. 29 1916 Surplus an d profits or e of date Dec. 31 Merchants' Nat Bk 180,000 322,367 1,593,104 10(1

1915 for Nation at and Dec 31 for State Banks. A divt dend record Nat Bk of Syracuse 600,000 429,716 524,939 10,

of banks and trust comp anies in N ear York Ci ty an d Brooklyn Salt Springs Nat Bk 200,000 108,012 2,109,505 100

may be found in our "Ry. and Ind." Sec., pane 187 Third Nat Bank 300,000 233,693 2,175,360 10:

America, Bank of.. 1,500,000 6,152,464 37,123,000 i00 540 550 Central City Tr Co 300,000 /299,802 /1,377,893

Am Exch Nat Bk _ 5,000,000 5,104,900 93,849,000 100 207 212 Syracuse Trust Co_ 500,000 524,917 9,892,730 10

Atlantic Nat. Bank 1,0(10,000 -774,000 12020,000 100 175 180 Tr & D Co of Onon_ 1,000,000 654,829 15,039,705 It)

Bank of Europe..... 150,000 31,100 v2,297,000Bank of U S 200,000 66,637 a 2,442,500 100 500 Troy- Per shars.

Battery Pk Nat Bk 200,000 163,200 2,588,000 100 145 165 Manufac'rs Nat Bk 150,000 695,240 9,491,402 10, 525

Bowery Bank 250,000 791,800 3,413,000 t 00 400 National City 13k__ 300,000 256,477 3,670,479. 101 170 172

Broadway Cent Ilk 100,000 39,100 v850,000 100 Nat St Bk of Troy_ 250,000 366,885 2,674,379 10 220 225

Bronx Borough Bk_ 150,000 65,500 v2,019,700 too People's Bank 100,000 /132,099 /870,298 101, 214 216

Bronx Nat Bank_ _ _ 200,000 255,200 v1,302,000 100 160 175 Union Nat Bank _ _ 300,000 134,075 1,956,571 5(1 118 120

Bryant Park Bank_ 200,000 145,800 v1,299,200 100 135 145 United Nat Batik... 240,000 424,567 835,676 10(1 300 305

Butch (St Drov Nat_ 300,000 81,700 1,773,000 100 115 Security Trust Co 200,000 165,374 2,970,033 101 190 195

Century Nat Bank _ Merged in Chatham & Phenix Nat Bk.,

Troy Trust Co _ 200.000 /86,112 /1,510,949 10r, 120 125

Chase National Bk 5.000.000 9,821,600 233466 000 100 625 610

• Sale price. b Capital arid surplus to be increased d Capital paid In, nut horized amount is larger.

May 1 1915. e June 30 1915. 1 Last sale. t Sept. 25 1915. • Dec. 31 1915. r July 28

a Sept. 2 1915 n Nov. 10 1915 p Aug 2 1913 y Ex-rights.

k Capital to be increased. x Ex-dividend1915. o Sept. 9 1913. h New stock.

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

FEB., 1916.j BANKS AND TRUST COMPANIES 61

Where Names are Printed In Italics Fuller Returns May be Found In the Advertising Columns.

NEW YORK-(Concluded.)

SurplusCapital. .f.: Profits

GrossDeposits Par. Bid. Aek.

Utica- 8 $ $ Per share.First Nat Bank__ 1,000,000 1,599,114 5,299,616 60 141 144Oneida Nat Bank__ 600,000 904,549 2,134,269 100 225Second Nat Bank__ 300,000' 387,707 1,315,625 100 ------230Utica City Nat Bk_ 1,000,000 347,869 3,168,899 50 50 54Citizens' Trust Co_ 500,000, 556,504 7,035,696 100 275 288Utica Tr & Dep Co_Watertown-

400,000 520,887 10,162,696 100 Per

385share.

City National Bank 100,0001 103,709 810,441 100 190 Jefferson Co Nat B 250,000 317,244 2,311,167 100 240 Watertown Nat Bk 200,000 326,394 1,082,829 100 250 North'n N Y Tr Co 400,000 499,884 3,766,707 100 250 Westchester Co Per share.

Mt Vernon-lst N_ 200,000 87,352 3,276,921 100 Mt Vernon Tr Co 200,000 352,037 3,450,701 100

New Rochelle-Nat Cty Bank__ 200,000 58,149 3,209,891 100 North Ave Bk___ 50,000 33,101 322,060 _ _ Huguenot Tr Co_ 150,000; £62,023 £562,285 _ _ , N Rochelle Tr Co 200,000 90,690 3,017,639 100

Ossining-lst Nat_ 100,000 /79,019 /310,197 100 Ossining Nat Bk_ 100,000 29,840 783,187 100

Peeks kill-Westch Co Nat__ 100,000 333,389 3,670,193 50

Pleaeantrille-Mt Pleasant Bk_ 50,000 /23,084 £666,609 _ _

Port Chester-lst N 100,000 /206,896 /700,970 100 Mutual Trust Co 300,000 97,502 1,425,899 100 130 135

Rye-Rye Nat Bk__ 50,000 68,851 684,944 100 Tarrytown Nat Bk_ 100,000 3129,130 3667,219 100 White Plains-Citizens Bank__ 100,000 /34,761 /982,610 100 Cent Bk West Co 100,000 1142,177 11,057,994 100 County Trust Co 100,000 /143,504 /1,763,114 100 First Nat Bank__ 100,000 57,820 1,168,364 100

V onkers-lst Nat.._ 300,000 65,991 2,069,598 100 Yonkers Nat Bk_ 200,000, 872,620 81,149,491 100 Westches'r Tr Co 300,000 241,167 3,130,823100 140

NORTH CAROLINA-Nat. bks. Dec. 31; State institutions latest returns.Charlotte-

Charlotte Nat Bk__ 250,000 207,272 1,432,097 100 1683Commercial Nat Bk 500,000 425,904 1,413,147 100 166First Nat Bank_ _ __ 300,000 474,881 1,565,526 100 200 Mer & Farm N Bk. 200,000 275,160 1,035,676 100 205 Union Nat Bank___ 100,000 108,869 860,143 100 215 American Trust Co 350,000 318,652 1,349,266 100 166Independ'ce Tr. Co_ 600,000 209,527 868,355 1001 136 Southern L & S 13k 50,000 60,771 243,367 100 1175Durham-

Citizens' Nat Bank 100,000 v110,426 v735,224 Fidelity Bank 100,000 489,062 2,221,720First Nat Bank 150,000 227,947 1,868,687 100 Home Say Bank_ __ 50,000 34,096 445,019 Merchants' Bank__ 100,000 50,047 373,350Greensboro-

Amer Exch Nat Ilk 400,000 89,684 1,983,685 100 y110Greensboro L & Tr.. 200,000 37,390 1,548,757 100 y115Greensboro Nat Bk 100,000 47,973 530,657 100 y125Textile Bank 25,000 23,827 235,458 100 y150Raleigh- Per share.

Citizens Nat Bank _ 300,000 87,309 1,389,007 100 160Comm'l Nat Bank_ 300,000 141,802 1,510,034 100 130Merchants' Nat Bk 100,000 118,217 2,594,036 100 200Raleigh Bkg&TrCo 100,000 52,576 758,256 100 150Wilmington- Per share.

Amer Bk & Tr Co.. 250.000 95,319 2,068,944 100 100 105Murchison Nat Bk_ 1.000,000 650,091 5,463,147 100 145 150People's Say Bank_ 65,000 105,799 1,287,292 25 75 80Atlantic T & Bk Co Merged in Amer. 13k. & Tr. Co.Wilm Say & Tr Co_ 100,000 266,799 2,406,637 50. 220 Wi nston -Salem -

Merchants Nat Bk_ 100,000 18,137 341,807 100, People's Nat Bank_ 300,000 74,522 872,986 100! Wachovia Bk & Tr._ 1,250,000 503,104 7,664,774 100 NORTH DAKOTA-Nat. banks Dec. 31; State inst. latest returns.Fargo-

I Per share.Fargo National Bk_ 50,000 16,076, 254,474 100 First Nat Bank____ 300,000 233,640 5,556,044 100 Merchants Nat Bk_ 100,000 103,8971 1,252,129 100 Northern Say Bank 50,000 15,124 1,193,270 100 Dakota Trust Co _ 100,000 55,7911 365,755Northern Trust Co_ 100,000 66,939 162,707 ---.., 1 OH10--Nat. banks Dec. 31; State institutions latest returns.Canton-

Central Say Bank__ 125,000 65,711 2,206,027__.... City Nat Bank__ 240,000 153,417 2,131,397 _Dime Say Bank___ 200,000 93,442 1,811,887First Nut Bank__ _ _ 500,000 433,272 6,704,903Cincinnati- Per share.Atlas Nat Bank___ 400,000 830,707 3,965,444 100 300Brighton Ger Bk Co 200,000 325,881 4,465,566

,325100 300 '350Citizens' Nat Bank 2,000,000 1,900,776 7,500,505 100 187 195City Hall Bank_ __

-Co100,000 220,387 1,305,290 100 300 ' Columbia B & S 100,000 222,469 1,408,359 10 350 Cosmop Bk & S Co 250,000 110,907 2,441,336 50 130 '140C't H'se Say Bank.. 100,000 14,747 633,686 100 100 East End Bank____ 50,000 19,819 212,162 100 118 Pifth-Third Nat Bk_ 3,000,000 1,561,272 20,001,048 100 190 200First Nat Bank__ 6,000,000 2,534,867 26,469,559 100 192 196Fourth Nat Bank__ 500,000 859,102 6,165,462 100 260 German Nat Bank_ 500,000 847,291 5,001,323 100 270 290Home Say Bk Co__ 50,000 14,296 629,955 100 100 1105Market Nat Bk___ 500,000 529,579 3,955,637 100 260 North Side Bank__ 75,000 53,447 658,397 501 180 Pearl St Market Bk 150,000 40,474 1,294,138 1001 100 105Peoples Bk At SY Co 200,000 46,471 1,361,977 100' 110 120Prop Sy Bk & T Co 1,400,000 1,135,539 10,055,903 10 235 250Second Nat Bank__ 1,000,000 251,586 3,695,251 100 103 1053ecur SB&SD Co

3outh Ohio Say Bk.100,00050,000

194,777102,898

2,214,7861,718,228

100 250 L. . __ 200 ,300 3tk Yds Bk & Tr Co 100,000 90,000 755,000_ _ _1100; 150 '175Union S B & Tr Co 1,000,000 2,929,303 17,855,416 100 450Unity Bkg & Sy Co 75,000 66,678 1,380,911 i00 175 West End Bdar Co 100,000 58,279 1,125,055 100 150 Western GerrnanBk 375,000 546,614 9,526,315 100 300 Dent Tr & S Dep Co 500,000 814,207 5,285,211 100 260Cleveland- Per share.3k of Com'ce N A. 2,000,005 1,550,124 16,430,736 100' 190Dentral Nat

71 Bank_

Avahtnii Not nl.1,000,000cnn nnn

v909,574- lin col

v10642282. moo ..,o0o

100' 185 ,200,... ̂ .. -

01-110-(Concluded.)

Capital.Sul-phis& Profits

GrossDeposits

Cleveland (Con.)Clark Ave Say Bk_ 100,000 18,176 848,217Cley Say & Loan Co 250,000 136,148 1,188,129Columbia S & L Co 100,000 96,149 1,907,091First Nat Bank____ 2,500,000 2,129,000 46,464,742Garfield Say Bk Co 250,000 348,220 5,600,000Ger-Am Say B Co_ 50,000 103,607 1,645,097Lincoln Say & Bkg_ 50,000Lorain St Say BkCo 200,000 160,723 2,452,735National City Bank 500,000 647,871 5,531,063Nat Commercial Bk 1,500,000 1,178,557 6,994,957Pearl St S & T Co_ _ 200,000 424,319 5,833,169People's Say Bk Co 500,000 556,622 5,989,639United Bk & Say Co 500,000 432,079 8,212,787Union Nat Bank.. _ _ 1,600,000 1,230,287 20,106,929W Clevel'd Bkg Co 100,000 1,537 665,000B'way Say tic Tr Co 300,000 546,046 7,257,220Citizens' S & Tr Co 4,000,000 3,424,622 56,812,833Cleveland Trust Co 2,500,000 2,949,339 43,280,263First Tr & Say Bk_ 1,250,000 260,417 13,811,259Guardian Say & Tr 2,000,000 2,247,007 29,686,901L Sh Bkg & Tr Co_ 350,000 183,452 9,817,093State Bkg & Tr Co.. 250,000 155,000 3,030,092Super'r S & Tr Co_ 500,000 1,125,000 10,500,000Union Say & L Co.. 750,000 263,991 853,065Woodi'd Av S & Tr 350,000 473,336 5,876,209Columbus-

Capital City Bank_ 100,000 37,186 615,290Central Nat Bank._ 200,000 v21,749 v1,298,213Citizens' Tr & Say_ 700,000 153,364 3,562,347City National Bk__ 300,000 149,957 3,072,770Columbus Say Bk_ 50,000 71,077 684,735Commerc'l N Bank 300,000 ' 346,947 3,839,303Fifth Ave Say Bk__ 25,000 34,712 516,943Hayden-Clin N B _ 700,000 572,612 4,749,566Huntington Nat Bk 400,000 130,802 2,744,974Lincoln Say Bk Co_ 40,000 2,662 265,264Market Exch Bank 100,000 110,279 1,399,786Nat Bk of Com'ce.. 200,000 133,697 2,067,266New First Nat Bk_ 500,000 v503,344 v5,243,702Ohio National Bank 400,000 413,967 6,660,505State S Bk & Tr Co 400,000 133,640 2,053,277Dayton-

City National Bank 200,000 302,749 2,701,019Dayton Nat Bank_ 300,000 176,667 1,209,417First Say & Bk Co_ 100,000 66,286 936,207Fourth Nat Bank__ 600,000 354,737 1,778,584Merchants' Nat Bk 200,000 106,517 1,136,787Teutonia Nat 13k__ 200,000 120,324 769,307Third Nat Bank__ 400,000 312,377 1,828,975Winters Nat Bank_ 500,000 287,829 1,267,445City Tr & Say Bk.... 100,000 28,964 1,137,089Dayton Say & T Co 300,000 350,000 5,286,921Toledo-

Com Say B & Tr Co 200,000 24,1291 2,422,836

Dime Say Bank Co 204,300 113,711 3,253,669First Nat Bank____ 500,000 1,209,215 5,791,649Home Say Bank Co 250,000 300,485 3,140,970Market Say Bk Co_ 134,300 29,064 1,011,777Mer & Cl'k S Bk__ 150,000 264,519 1,950,676Nat Bk of Com'ce_ 1,000,000 358,660 8,594,157Northern Nat Bk__ 1,000,000 567,997 5,789,931Ohio S Bk & Tr Co 850,000 376,062 8,287,275Second Nat Bank__ 1,000,000 1,876,032 8,424,874Secur S B & Tr Co.. 250,000 144,777 3,374,848Spitzer-Ror T & Bk 300,000 48,698 1,526,163Tol Say Bk & Tr Co 300,000 479,697, 2,894,735Cont'l Tr & S Bk__ 200,000 40,9271 1,129,373Union Says Bank.._Youngstown-

250,000 296,632, 989,9331City Tr& Say Bank.. 200,000 133,179 2,385,861

Commer'l Nat Bk_ 300,000 268,709 2,611,886Dollar Say & Tr Co 1,500,000 871,997; 8,127,491First Nat Bank_ _ 1,500,000 1,457,274 8,083,456Mahoning Nat Bk_ 400,000 327,362 2,429,264

Par.,Bid. Ask.

I Per share.100 y122100 50 100 y216

10 y225

5(0 175100 50 200100 203 21210500 160

200 220100 275 300100 180 18550 11000 250 0 275

100 265 270

100, 258 265100, 275 300100 138 1001 325100; 123 100 y230

1 Per share.100. 100, 100 100 100 100 100 100' 100 100 100 100 100 100 100,

Per rare.100 298 305100' 160100 150 100 150 160100 140 100 140100 185 200100 168100 100 200 210

Per share.100 rylOO50! 145 148100; 320100; 230100; 100' 325100( 135 138100, 158 163100 138 140100 280 1001 1501001 125100', 260 568 1001 105 100; 230

1 Per100' 160 1651001 152 157100 184 190100; 184 190100 180 185

OKLAHOMA-Nat. banks Dec. 31; State inst. latest returns.

Guthrie-First Nat Bank__ _ _ 100,000 r37,962 r990,942 100Guthrie Say Bank.. 25,000 4,500 265,000 100Logan County Bk_ 25,000 4,000 167,262 100Oklahoma State Bk 50,000 5,000 300,000 100McAlester-

Amer Nat Bank__ 100,000 25,004 843,077 100City Nat Bank__ 50,000 5,167 255,020 100First Nat B of McA 100,000 35,271 1,054,378 100Muskogee-

Commercial Nat Bk 250,000 85,853 2,353,434 100Exchange Nat Bank 150,000 21,019 983,337First Nat Bank_ _ _ _ 250,000 100,407 2,708,181 25Muskogee Nat Bk_ 100,000 76,822 651,095Oklahoma City-

Amer Nat Bank_ _ _Farmers' Nat Bk__Okla. Stk Yds N.B.

500,000100,000250,000

103,98455,000

252,408

3,491,9201,790,3901,915,555

100iOoJioc

Security Nat Bank_ 100,000 100,006 2,932,353 100State Exch Bank__ 100,000 7,831 489,929 100State National Bk_ 250,000 13,676 4,317,660 1001Western Nat Bank.. 100,000 r34,972 r1,006,160 100,

Per

Per

Per

share.1,135y110y1001,110share.y125y1101,125share.1,130

115Per

V135

share.1,125y1151,115y1301,125y130y150

OREGON-Nat. banks Dec. 31; State institutions Dec. 31.

Portland-Can Bk of Com'ce.. 300,000 110,662 3,050,908Citizens Bank 1 100,000 20,379 616,694 First Nat Bank__' 2,500,000 1,111,139 18,627,719Hartm'n & T'mps'n' 100,000 15,014 276,869Hibernia Say Bank 200,000 114,446 2,926,437 Ladd ez Tilton Bk_ _ I 1,000,000 1,334,346 13,658,416Lumbermen's N Bk1 1.000.000 243,167 5,524,058 100Merchants' Nat Bk Absorbed by North western N at.N'western Nat Bk..; 500,000 100,337 7,969,936Commerce T & S B1Merged in Scandinav ian Amer 13k.Scandinay'n Am Bk 1 100,000 15,000 1,440,078Un States Nat Bank; 1,000,000, 1,216,029 10,467,355 100Lumbermen's Tr Col 500,000; e152,329 PortlawiTr&Sav Bk: 300,000, 51,232 100Security Say & Tr_ , 250,000, 188,909 569,217

Per share.

Bank.

• Sale price. hJuly 28 1915. a Capital and surplus to be increased e Capital stock paid in: authorized amount is larger. k Capita! to beincreased. p Amount paid in, e Ex-dividend. y Last sale. d These figures date Dec. 311915. e Sept. 2 1915. r May 1 1915. 8 June 23 1915.Oct. 311914. o Nov. 10 1915 March 4 1915

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

62 BANKS AND TRUST COMPANIES [Vol,. 102.

Where Names are Printed in Italics Fuller Returns may be Found in the Advertising Columns.

PENNSYLVANIA-Nat. bk..(exc. Phila.) Dec. 31: State inst. latest returns.

Capital.Surplus& Profits.

GrossDeposits. Par. Bid. Ask.

Allegheny- $ $ $1

Per share.Bk of Secured Save_ 125,000 142,041 1,309,123 50 German Nat Bank_ 200,000 386,409 3,933,439 100 Ohio Valley Bank_ 100,000 46,487 596,069 100 Second Nat Bank__ 300,000 876,847 3,319,403 100 Allegheny Trust Co 700,000 432,064 3,162,239 100 Dollar Say & Tr Co 1,000,000 1,133,820 4,512,018 100 Manchester SayingsBank & Trust Co 230,000 100,097 1,355,225 50

Provident Trust Co 150,000 96,343 627,902 100 Real Est S & Tr Co 400,000 67,139 1,689,347 100 Workingman's SayBank & Trust Co 100,000 1,112,672 4,914,251 50

I1

Allentown- Per share.

Allentown Nat Bk_ 1,000,000 571,091 3,277,925 100 172 '175Merchants Nat Bk_ 200,000 369,786 3,130,173 100 325 1355

Ridge Ave Bank._ 50,000 16,862 214,191 50 70 72

Second Nat Bank__ 300,000 572,587 3,092,588 100 340 Allentown Tr Co_- 150,000 129,860 846,351 30 78 83Citizens Dep&TCo 125,000 101,007 1,183,767 25 55 I 57Lehigh Valley T Co 125,000 595,376 2,174,037 50 263 Penn Counties Tr__ 300,000 71,337 450,894 50 48 , 50

11

Altoona- Per share.

First Nat Bank__ 180,000 413,609 1,808,847 100 325 1350

Second Nat Bank__ 100,000 186,974 1,216,908 100 200 210

Union Bank 125,000 45,640 439,149 100 150 160Altoona Trust Co 250,000 298,109 1,691,099 100 200 210Central Trust Co 243,000 137,419 980,762 100 210 215Mountain C'y T Co 162,962 93,879 747,703 30 45 47

Erie- Per share.First National Bk 300,000 597,163 4,293,512 100 Marine Nat Bank__ 150,000 533,269 2,562,554 100 People's Bank 200,000 145,630 1,778,267 100 Second Nat Bank__ 300,000 444,532 4,096,718 100 Erie Trust Co 300,000 419,069 4,019,919 100 Secur Sav & Tr Co_ 200,000 291,277 1,917,777 100

Harrisburg- Per share.Commercial Bank_ 121,650 71,167 360,108 50 70 75East End Bank_ _ _ _ 50,000 125,000 600,000 50 100 110First National Bk__ 100,000 v499,000 v1,200,000 100 1571Harrisburg Nat Bk 300,000 v445,074 v1,466,614 25 60 62%Merchants' Nat Bk 100,000 263,500 800,000 100 /288Central Trust Co__ 125,000 276,000 1,074,000 25 182%Commonwealth Tr_ 250,000 529,664 1,561,083 100 /400Dauphin Dep Tr Co 300,000 314,120 2,728,638 100 200 Harrisburg Tr Co__ 400,000 488,069 2,097,462 100 240 250Security Trust Co_ 125,000 46,593 547,647 25 25 30

Union Trust Co___ 250,000 127,344 1,012,110 100 1130

Lancaster- Per share.Conestoga Nat Bk_ 200,000 v477,767 v2,601,973 100 380 385First Nat Bank__ 210,000 202,568 371,380 100 215 220Fulton Nat Bank___ 200,000 236,934 1,518,502 100 220 225Lancaster Co N Bk 300,000 v425,633 v724,919 50 125 130Northern Nat Bk -- 125,000 r87,856 r322,772 100 125 130People's Nat Bank_ 200,000 v204,918 v955,163 1001 185Farmers' Tr Co__ __ 225,000 775,000 2,730,000 soP 255 260Guaranty Tr Co___ 294,000 34,609 572,065 100 95 100Lancaster Trust Co 250,000 1,017,894 6,022,825 100 600 610Northern Tr & S Co 125,000 164,000 1,250,000 50 130 ,140People's Trust Co__ 125,000 478,730 2,621,144 50 325 '330Union Trust Co_.._ 150,000 169,560 1,412,888 50 113 120

Philadelphia- Deposits ol banks date Jan. 29 1 916 1 Per share.American Bank___ 186,000 c93,598 8877,926 50 151Bank of Commerce_ 300,000 8183,585 8930,362 100 135Bank of No Amer__ 1,000,000 2,390,588 15,337,000 100 t245Centennial Nat Bk_ 300,000 633,066 3,950,000 100 t 275Central Nat Bank_ 1,000,000 3,684,922 22,307,000 100 /4173Corn Exch Nat Bank 1,000,000 2,146,623 32,826,000 100 /301Eighth Nat Bank__ 275,000 1,059,128 3,682,000 100 1405Far Sc Mach Nat Bk 2,000,000 1,522,395 17,502,000 100 1126First National Bank 1,500,000 1,641,839 28,723,000 100 /1903rFourth St Nat Bank_ 3,000,000 6,666,834 58,144,000 100 1286AFranklin Nat Bank_ 1,000,000 3,618,804 46,310,000 100 1465Girard Nat Bank__ 2,000,000 4,720,733 56,841,000 100, /345Kensington Nat Bk 250,000 344,599 1,977,000 50 /100Manayunk Nat Bk 200,000 478,949 .2,319,985 100 1 270Manufac'rs N Bk__ Merged in Union Nat Bk 1Market St Nat Bk__ 1,000,000 1,391,241 10,891,000 100 1180M,Nat Bk of Germ't'n 200,000 563,694 83,491,960 50 1140Nat Bk of Nor Lib_ 500,000 957,527 4,187,000 100 1240Nat Security Bk___ 250,000 1,080,704 3,864,000 100 /439Ninth National Bk_ 300,000 780,949 4,697,000 100 13263Northern Nat Bank 200,000 222,164 2,974,000 100 1205Northwestern N B.. 200,000 743,194 3,680,000 100 /403Penn National Bk_ 500,000 1,620,224 7,556,000 100 1340Philadelphia Nat Bk 1,500,000 4,979,196 87,945,000 100 1471Quaker City Nat B 500,000 522,212 2,142,000 100 1112Ridge Aye Bank_ _ _ 300,000 c104,707 81,147,083 50 '/ 50Second Nat Bank__ 280,000 653,370 83,243,022 100 1310Sixth Nat Bank....... 150,000 301,915 1,686,000 100 l203Southwark Nat Bk 250,000 176,691 2,954,000 100 1143S'western Nat Bk__ 200,000 178,872 679,000 lOOt i115Tenth Nat Bank___ 200,000 125,840 1,182,000 10C, /1175jTextile Nat Bank__ 200,000 114,380 1,225,000 10(. /110Third Nat Bank_ _ _ 600,000 846,788 7,760,000 100' 1250Tradesmen. Nat Bk_ 500,000 966,150 7,902,000 100 1245Union Nat Bank __ 500,000 421,180 8,549,000 100 /180West Phila Bank__ 100,000 827,538 8391,568 50 150Aldine Trust Co.._ _ 200,000 176,809 765,832 100 1160Belmont Trust Co.. 125,000 52,001 495,746 50 435%Cent Tr & Sav Co__ 750,000 511,829 5,042,185 50 '1603Chelten Trust Co__ 200,000 148,210 1,232,684 100 1150Colonial Trust Co__ 270,825 283,080 1,315,978 50 1/87%Columbia Av Tr Co 400,000 507,204 2,295,482 100 11753iCommercial Tr Co_ 1,000,000 1,731,198 20,244,968 100 4400Conflth T Ins & T_ 1,000,000 1,269,973 5,647,845 100 4225%Cont-Eq T & T Co_ 1,000,000 1,097,106 7,075,458 50 '190Empire Tit (lc T Co_ 156,575 37,209 346,117 25, 117

,

PENNSYLVANIA-(Continued.)

ExcFainFedFideFina2

FranFraGer-GeGir'GiraGuarHadHairHolIndInte

KernTi

LanLogMarMaMenMorMutNorNoNoPelhPenon

PenPeoPhilProReal

RealRepHitRobTacoTiogUnitWayWesWes

Pi

AllelAllAndArseBkCityCo/uCornDimDuqiExcirFartiFaniiFifthFirsFirstFreeGemGemHornIronKeyUbeLibeManMarMellMetMonParPenPenPeoPeoijThinUniUniWesWesCentColoCornConEastFideFranHazHillMerMetOakIPeoPittPottRealSafeBoutSouTortUniWasWes

I Capital.

ISurplus , Gross& Profits., Deposits. Par. Bid. Ask.

---

111a.-(Con.) Per shard,3 $ $

;Isior Tr & S Fdrift Say Tr Co..

300,000250,000

150,939114,239

988,0861,270,805

50, 100 1

155100

,ral Trust Co..lity Trust Co..

125,5004,000,000

72,809,12,869,317

889,86532,670,905

100 100

11125721%

nce Co, 1st prof a1,470,000 1 11100 1103 .1pref a1,530,000 12,087,488, 780,600 t100 1 102%

,kford Tr Co.. 250,000 471,389 2,914,415 50' 1 166kiln Trust Co_ 400,000 186,633 2,325,390 50 160Am T & T Co_ 500,000 468,374 2,003,879 50 11101nantown Tr Co 600,000 970,494 5,939,550 100 11273%I Av T & T Co.. 200,000 163,703 924,665 50 /1 75rd Trust Co____ 2,500,000 8,756,225 47,864,527 !1.00 1930r Tr & S D Co_ 1,000,000 771,680 5,905,891 100 1 164dingt'n T&TC0 125,000 37,981 645,095 100 iilton Trust Co 400,000 122,634 1,400,564 100 1 96nesburg Tr Co_ 125,000 80,576 526,977 50 11 55s'i Tr T & Say_pity Title Ins

500,000 1,128,630 5,096,126 50 1'172

• & S D Co____ 500,000 1,437,669 4,444,121 50 1 2203Ington Tr Co_ 200,000 139,491 2,214,378 50 1 60I Title & Tr Co 2,000,000 4,823,697 11,539,039 100 1500in Trust Co___ 906,900 379,896 3,253,811 100 1 120ket St T dr T Co 150,000 180,240 1,950,088 30 1 64ayunk Tr Co__ 250,000 241,399 1,557,9811 25 1 59%;,.11 Un Tr Co....tgage Trust Co

1,000,000125,000

239,76534,874

1,785,624 100 40,464, 25

1 100

ual Trust Co__ 438,038 77,413 586,832 50 1 35,hem Trust Co_ 500,000 2,026,600 7,550,322;100 1 527Thila Trust Co.. 150,000 223,381 2,207,229 50 1 145Vestern Tr Co..am Trust Co__

150,000150,000

420,26592,408

2,962,617, 50 843,083 100

11203130

1 Co for Insur ILives & Gr An 2,000,000 5,018,804 36,946,620 100 1701INV'lfg&S D Co 408,350 646,576 407,5881 50 1 823jile's Trust Co_ 634,450 154,049 1,520,592 50 1 40tdelphia Tr Co 1,000,000 4,835,497 25,178,511: 100 1 740ident Life & Tr 1,000,000 5,524,787 14,501,1911 100 1 8493jEstTrCo, corn a1,319,600 503,197 4,530,22111100 135lo do pref a2,455,700 11100 1 82Est TI & Tr_ 1,000,000 1,686,512 4,263,753 100 1 304Inc Trust Co_ 300,000 189,027 1,273,527; 50 1 63mhouse Tr Co_t Morris Tr Co

250,0001,000,000

63,974167,892

1,202,704, 50 944,828 100

115065

,ny Trust Co__ 150,000 177,869 1,055,712 100 1 240a Trust Co_,_ 125,000 11,889 400,488 50 1 56ed Sec L I & T_ 1,000,000 993,241 1,524,236 100 1 140ne Junc Tr Co_ 160,000 64,704 553,176 100 1 110t End Tr Co__ 2,000,000 2,000,399 11,170,3691 100

- - - - 1 162

I Phila T&TCo 500,000 557,702 3,395,445; 50 1 1481

ttsburgh- Nom'l price

;heny Val Bk 50,000 50,929 987,561 50 Zations Dep Bk 75,000 54,898 928,703ior Say Bank__nal Bank

100,000100,000

361,389209,941

1,989,900 50933,927 50

_ ----- -----

,f Pittsb N A 2,400,000 3,546,322 27,828,643 50 Deposit Bank_ 200,000 815,815 5,664,219 50 rnbia Nat Bank_ 600,000 973,880 9,547,006 100 mercial Nat Bk Consolidat ed with Co'w'ith Tr Co.aond Nat Bk__ 600,000 1,514,576 9,053,103 100 uesne Nat Bk_ 500,000 578,509 4,876,322 100 Lange Nat Bk_ 750,000 659,574 5,533,307 50 lers' Dep N B.. 6,000,000 1,339,170 32,098,005 100 lens' Dep S Bk 100,000 553,120 6,395,262, 100 I Avenue Bk__ 100,000 106,219 1,051,800, 50 N Bk of Birm 100,000 101,920 907,645 100 -Second N Bk_ 4,000,000 1,276,126 14,758,964' 100 bold Bank_ _ _ _ 200,000 1,028,290 1,241,535' 100 ian S & D Bk_ 200,000 236,869 3,636,373 • 50 3ania Say Bk__ew'd Peop Bk_k GlassDol Say

150,00050,000172,700

558,66229,961

336,600

8,239,779, 100 801.732, 50

2,082,096 100 ;tone Nat Bank 500,000 8625,947 83,881,2701 100 rty Nat Bank 200,000 127,277 1,140,250; 100 rty Say Bank_ 100,000 61,617 1,238,9771 100 ufac'rs Bank_ 100,000 212,274 859,630; 50 Ine Nat Bank_ 300,000 v116,249 v1,154,970 100 on Nat Bank.. 6,000,000 3,232,977 61,974,0011 100 •opolitan N Bk 200,000 101,869 1,177,2021 100 ongahela N Bk 1,000,000 1,705,162 7,857,749; 100 Bank 50,000 86,637 1,323,73S 50 isylvania N Bk 200,000 189,328 895,0801 100 l Say Bank_ 100,000 58,072 885,437 50 Ile's Nat Bank.. 1,000,000 1,910,064 21,114,912 100 de's Say Bank.. 1,000,000 1,029,900 9,819,050 100 d National Bk_ 500,000 178,340 1,770,797 100 ,n Nat Bank 2,000,000 4,205,040 18,281,787 100 ,n Savings Bk_ 1,000,000 1,019,389 11,256,253 100 tern Nat Bank_ 1,000,000 336,071 4,152,429 100 tern S & D 13k 250,000 380,299 1,780,682 100 nab Trust Co_ 150,000 59,260 601,506 100 nial Trust Co_ 2,600,000 3,303,724 11,728,763 50 'wealth Tr Co_ 1,500,000 1,374,910 7,271,434 100 ,mental Tr Co_ 437.800 201,467 484,553 100 End S & Tr Co 250,000 155,296 1,390,931 1001 I Tit & Tr Co_ 2,000,000 5,950,268 14.766.606p 100 kiln Say & Tr_ew'd S & T Co

175,000165,400

80,931103,703

655,420822,040

25, 100

Top S & T Co. 150,000 95,707 1,010,106 501 1•12 Say & Tr Co 125,000 13,847 410,514 50 ropolitan Tr Co 125,000 35,617 481,981 100 'd Say & Tr Co 200,000 243,100 1,994,600 100 ile's Trust Co_ 250,000 163,227 1,300,608 100 ;burgh Tr Co.. 2,000,060 1,565,170 8,319,636 100 er Tit & Tr Co_ 330,400 70,017 1,281,971 100 Estate Tr Co_ 2,000,000 1,706,483 3,132,131 100 Dep & Tr Co_ 3,000,000 6,599,394 100 h Hills Tr Co_ 125,000 57,714 732,986 100 h Side Tr Co_ 300,000 153,326 1,417,122 100 ninal Trust Co 125,000 22,186 233,243in Trust Co_ 1,500,000 33,564,099 64,449,796 100 hington Tr Co 350,000 307,436 3,253,037 100 I End S B & Tr 125,000 370,411 2,031,463 50

• Sale price. a Capital paid in; authorized amount is larger. b Cap tab to be increased. e Figures are of date Jan. 12 1916. dluie 23 1915.v Nov. 10 1915. Ex-dlridend. 1 Last sale. a Sept. 2 1915. e May 1 1913. s 1Jac. 31 1915. March 27 1915. r Sept. 2 1913.

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

FEB. 1916.] BANKS AND TRUST COMPANIES 113

Where Names are Printed In Italics Fuller Returns may be Found In the Advertising Columns.

PENNSYLVANIA-(Concluded.)

Reading-Farmers' Nat BankFirst National BankKeystone Nat BankNational Union Bk_Neversink Bank.. _ _Penn Nat Bank_ __Reading Nat Bank_Schuylkill Vail Bk_Second Nat Bank__Berke Co Trust Co_Colonial Trust Co_Commercial Tr Co_Pennsylvania Tr CoReading Trust Co_

Scranton-County Say Bank_ _Electric City Bank_First National BankGreen Ridge Bank_Keystone Bank_ _ _ _Merch & Mech Bk_North Scranton BkPeople's Nat Bank_Providence Bank_ _Scranton S & Di BkSouth Side Bank___Third Nat Bank_ __Traders' Nat Bank_Union Nat Bank_ _ _West Side Bank_ __Anthracite Tr Co__Lincoln Trust Co.._

Wilkes-Barre--Dime Deposit BankFirst National BankLuzerne Co Nat BkMiners' 13k of W B_People's Bank Second Nat Bank.._W B Dep & Say BkWyoming Nat BankWyoming Val Tr Co

Williamsport-First National BankLycoming Nat Bk_West Branch N Bk_Williamsport N Bk.Northern Central TrCo

Susq Tr & S Dep CoYork-

Central Nat Bank_City Bank Drov it Meth N BkFirst National BankWestern Nat Bank_York Co Nat Bank_York National BankGuardian Trust CoSecur Title & Tr CoYork Trust Co__

Capital.

$400,020250,000100,000200,00075,000100,000200,000100,000300,000250,000250,000125,000250,000500,000

Surplus& Profits

794,911265,964243,223905,27053,782

v313,942456,387237,440726,477170,331222,46953,576

1,042,462595,060

200,000 552,91980,000 48,226

1,500,000 1,469,29950,000 23,74050,000 56,255

Consolidat ad with Fir60,000 101,761

500,000 308,71475,000 58,279

500,000, 454,96760,000 87,393400,000 1,155,194500,000 696,564500,000 220,53260,000 144,377250,000 92,000200,000 53,786

200,000375,000400,000740,940

Merged in500,000,150,000;150,000350,000

300,000100,000400,000100,000

500,000400,000

123,000250,000100,000500,000225,000300,000500,000264,900250,000300,000

169,247537,321160,047

Miners' B1,491,400490,071794,125740,787

521,517v197,187

1,511,725135,964

129,796337,382

23,120226,790115,95999,19641,369532,268331,183133,32428,72779,831

GrossDeposits.

2,572,0911,293,752590,043

1,300,183258,967

v1,934,3771,722,413511,088904,768

1,502,519831,851642,197

4,841,9221,214,706

3,071,867434,273

17,057,941202,726710,945

st Nat. B955,854

1,188,572585,000

6,240,518965,861

5,349,4024,207,1561,417,5361,269,6801,390,000764,221

1,022,0123,279,5341,283,4866,960,771ank6,194,7622,812,3672,724,7173,030,035

1,730,412v524,9313,109,479649,322

2,052,6801,699,688

294,5621,535,891715,613

1,727,201923,105

1,553,5621,884,163965,788900,615

1,082,164

Par.

301001002550too100501001010100100100

100601005050

ank.601005010050,100110010050.501100

50100100591

100606050

100100100100

Bid. Ask.

Per share.100 105150 165282 290145 15270 75300 320270 285150 153290 30016 1814% 16100 105500 208 211

Per share.400 41575 80345 36062 67103 106

205 210160 16298 102337% 344155 160445 455216 220118 121200 21069 71%126 130

Per100265130195

345195325159Per

share.105270135200

3501200330163share.

100 50

10050'100100100202525501

Per105901901151055234*4130306234

share.1109220011811053

3235

RHODE ISLAND-Nat. banka Dec. 31; State institutions latest returns.

Newport-Aquidneck Nat Bk_Nat Exchange Bk__Newport Nat BankNewport Trust Co_

Pawtucket-Slater Trust Co ____

Providence-Blackstone Can NatColumbus Exch BkHigh Street Bank.._Mechanics' Nat BkMerchants' Nat Bk_Nat Bank of CommNat Exchange 13k__Phenix Nat Bank.. _Providence Nat BkUnited Nat Bank__Westminster Bank..Industrial Trust CoRhode I.Hos .Tr.CoUnion Trust Co_ _ _Woonsocket-

Citizens' Nat BankNational Globe Bk_Producers' Nat Bk_

200,0001100,000120,000300,000

116,94184,67561,003161,158

500,000 1,110,089

1,596,399524,063292,711

2,281,655

10,322,478

500,000 521,462 1,916,685100,000 24,285 494,932120,000, 138,204 1,084,005500,000 282,172 3,874,467

1,000,000 1,140,597 7,867,101850,000 797,280 2,272,496500,0001' 1,154,738 7,871,454450,000, 773,965 1,974,317500,000 924,767 2,070,586

Merged in Industrial Trust Co.300,000 102,421 1,499,103

3,000,000 4,372,696,52,976,3602,500,000 3,181,60446,844,0831,000,000 563,020 7,518,935

100,000100,000200,000

35,169 342,69557,387 409,538163,013 1,212,307

505080100

100

25505050605010050100

501001000100

1002520

Per

Per

Per37%

94609272%265107200

562453200127%Per

share.

share.

share.

172

280

250

share.

SOUTH CAROLINA-Nat. banks Dec. 31; State institutions latest returns.

Charleston-Bk of Charl'n,NBACarolina Say Bank_Charl Say Instit'n_Commercial Nat BkDime Savings BankEnterprise Bank.. _ _Exch 13kg & Tr Co_First National BankGermania Nat BankGermania Say BankMiners & Mer Bk_ _People's Nat Bank_Security Say Bank_State Savings BankFlo Car Loan & TrCoSpartanburg-.

American Nat BankBank of CommerceBk of SpartanburgCentral Nat Bank -Dollar Say Bank _-First Nat Bank_: -Mer Farm Bank..Southern Trust Co_

500,000200,000100,000200,00060,00050,00050,000200,000200,000100,00050,000

500,00050,00050,000100,000

100,00060,000100,000!400,00050,000

500,000100,00060,000

596,624182,43096,79763,07174,07627,59167,844

470,34740,430

321,51916,597

123,69027,64821,50041,122

v18,26810,15438,000

182,10415,617

v111,76783,85712,808

Per4,380,345 100 2452,437,737 100 225909,743 100 400943,148 100, 130645,933 100: 200460,623 100; 100520,048 100' 235

1,496,108 100 350395,496 100 150

3,053,940 100 475354,451 100 115

2,624,046 100 125606,415 100 225215,000 100 125

1,463,405 tcyl 150

v264,262 100 140231,374 100 100250,000 100 120

1,004,331 100 133230,275 100 130v913,691 100 310,060 100 150133,362 100 100

share.250250410135205105250360

866--120130250130155

105135135135125170

_

TENNESSEE-Nat. banks Dec. 31; State institutions latest returns.

SurplusCapital. db Profits.

GrossDeposits. Par.!

Chattanooga- $ChattanoogaSayBk 300,000 242,494 2,813,030 100Citizens' Nat Bank 300,000 191,204 2,484,458 100First National Bank 750,000 500,000 7,497,113 100Hamilton Nat Bank 1,000,000 547,676 4,696,566 100Hamilton Tr & S B 250,000 193,917 1,506,661 100

Knoxville-American Nat Bk_ 100,000 v21,673 v237,117City National Bank 500,000 p172,744 v2,816,433 100East Tenn Nat Bk_ 400,000 534,387 3,727,151 100Holston Nat Bank_ 500,000 8173,076 01,449,691 1001Knox Co Bank Az Tr 100,000 7,500 165,000 100,Mach Bk & Tr Co_ 300,000 93,339 765,997 1001Third Nat Bank___ 200,000 v125,651 v1,010,946 1001Union Nat Bank___ 200,000 v74,794 v1,621,741 100

Memo his-Bank of Corn& T Co 1,500,000 936,877 9,052,232 100Cent-State Nat Bk_ 600,000 384,691 4,048,642 100First National Bank 500,000 664,067 4,548,866 100Germania Sa B & T 50,000 76,431 1,024,205 100Man Say Bk & Tr.. 100,000 55,669 2,278,988 100Mercantile Nat Bk_ 500,000 56,091 2,573,729 100National City Bank 200,000 52,544 1,246,324 100No Memphis SayBk 50,0001 110,389 2,004,244 100People's S Bk & Tr_ 50,000' 33,000 350,000 100Security Bk & TrCo 300,000 12,500 820,935 100State Savings Bank 50,000 70,170 861,644 100Union & Planters'Bank & Trust Co 1,400,000 241,356 7,556,897 100

Union Say Bank &Trust Co 50,000 55,801 1,011,771 100

Comm Tr & Say Bk 350,000 82,832 3,454,259 100

Nashville-American Nat Bank 1,000,000 603,329 5,940,940 100Broadway Nat Bk_ 200,000 145,549 1,972,949 100Cumberland Val NB 300,000 54,130 2,260,477 100First S Bk & Tr Co 220,000 69,891 1,285,719 100Fourth & FirstNatB 1,100,000 942,567 10,122,016 103Tennessee- Flermi -tage Nat Bank 300,000 150,529 1,352,063 100

Nashville Trust Co 350,000 299,021 1,896,575 100State Bk & Tr Co.. 100,000 33,514 561,978 100

Bid. Ask.

Per share.

Per share.

Per ,share260 '265133 140255 260390 410500 600108 110110 115400 450140 15075 8$250 275

165 170

320 270 275

Per140200120

g248

120158130

share.150210125

255

130!16713$

TEXAS-Nat. banks Dec. 31; State institutions latest returns.

Austin-1

American Nat Bank 300,000 700,000 4,147,421 100,Austin Nat Bank__ 300,000 567,479 3,633,819 100State National Bk_ 100,000 v58,600 v886,963

Beaumont-American Nat Bank 100,000 331,914' 2,187,922 100First National Bank 200,000 t429,3901 12,021,476 100Gulf National Bank 150,000, 162,834, 1,909,452 100Texas Bank Sr TrCo 250,000, 101,107i 1,259,172 100

Dallas-Am Exch Nat Bank 1,300,000 1,343,83911,786,227 100Central State Bank 200,000 7,600; 752,685 100City National Bank 1,000,000 1,429,6741 7,819,387 100First State Bank_ __ 250,000 38,8371 1,415,461 100Nat Bk of Comm'ce 150,000 160,000 1,784,988 100Security Nat Bank_ 1,500,000 538,987 9,267,023 100Dallas Tr Say Bank 1,000,000 225,819 1,179,745 100

El Paso-City Nat Bank__ 300,000 67,534 2,729,226Commercial Nat Bk 100,000 s5,221 s522,656First Nat Bank_ 800,000 270,350 7,441,322State Nat Bank 110,000 s107,764's2,555,725Texas Bk & Tr Co 100,000 47,049 1,087,975

Fort Worth-American Nat Bank 150,000 d218,972 d1,323,458 10)Continental Bk & Tr 500,000 250,000 1,000,000 100Farm & Mach N Bk 300,000 320,560 3,348,541 100First National Bank 1,000,000 d475,232 d5,265,162 100Ft Worth State Bk_ 100,000 18,000 400,000 100Port Worth Nat Bk_ 600,000 1,200,529 7,041,090 100Stockyards Nat Bk 200,000 162,8841 2,317,229 100Texas State Bank 100,000 37,1861 716,854 100Traders' Nat Bank_ 125,000 d217,983 d866,090 100

Galveston-City National Bank k200,000 v174,079, v3,706,943 100First National Bank 300,000 v231,978 v2,251,967 100Texas Bank & TrCo 200,000 421,920; 3,075,413 InnHouston- No

First National Bank 2,000,000 414,866 9,903,118 100Houston Nat Ex Bk 400,000 134,762, 5,146,166 100Lumber'ns Nat Bk.. 600,000 490,000. 3,949,662 100Nat Bank of Comm 500,000 38,0111 1,340,962 100Union Nat Bank.... 1,000,000 421,921! 8,737,726 100Sou Texas Commer-

cial Nat Bank._ __ 1,000,000 1,051,027 10,639,197 100Bankers Trust Co_ _ 2,000,000 970,464 1,556,637 100San Antonio-

Alamo Nat Batik... 500,000 251,937! 3,239,062 100City National Bank 100,000 91,520 856,619 100Frost National Bank 500,000 502,886 2,788,035 100Groos Nat Bank_ _ _ 250,000 40,307 1,009,072 100Lockwood Nat Bk_ 200,000 269,597, 1,284,230 100Nat 13k of Comm'ce 600,000 185,464 2,133,333 100San Antonio NatBk 500,000 236,334 2,064,174 100Central Trust Co.._ 1,000,000 129,610 1,313,905 100 Citizens Bk & TrCo 100,000 7,869 420,487 100 State Nat Bank_ _ _ 500,000 8,190 2,589,195 100 West Tex It kez TrCo 250,000 26,100 2,583,717 100 Waco-

CentralTexExchNat 500,000 109,999 1,522,093Citizens' Nat Bank 250,000 126,270 949,803 100 First National Bank 600,000 187,718. 2,948,918 100 National City Bank 100,000 30,760' 308,275 100 Provident Nat Bk_ 300,000 200,2771 1,439,416 100

Per share,

Per share.

Per share.300 306105 107335 340145 150225 155 168195 200

Per Ishar..

-1

Per share.1/100150210minal18021715585170

271108Per

105160215prices

17590180

285112share.

Per ,Ishare.

• Sale price. a Capital and surplus to be increased. c Capital stock paid in; authorized amount is larger. k Capital to be increased. p AmountVaid in. z Ex-dividend. y New stock. e Nov. 10 1915. 1 Last sale. d May 1 1915. h Feb. 21 1914. n March 4 1914. t March 4 1915.• jars. 13 1914. r Oct. 21 1913. a Sept. 2 1915 a Including First S. Bank & Tr. Co. stock.

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

"4 BANKS AND TRUST COMPANIES [VOL. 102.

Where Names are Printed in Italics Fuller Returns may be Pound in the Advertising Columns.

UTAH-Nag. banks Dec. 31; State institutions latest returns.

i

Capital.Surplus& Profits.

GrossDeposits. Par. Bid. Ask.

Ogde n- $ $ $First National Bank 150,000 8197,647 32,318,749Commercial Nat Bk! 100,000 3168,860 31,047,856Pingree Nat Bank_ 175,000 385,349 31,714,972Utah. Nat Bank__ 150,000 338,291 8795,310Salt Lake City- 1 Per share.

Continental Nat Bk 250,0001 50,000 3,960,772 100 174 175

Deseret Nat Bank_ 500,000' 601,571 4,641,622 100 305 306

Deseret Say Bank_ 100,0001 74,896 2,819,277 100 1045 1050

Farmers' & Stock- ,growers Bank___, 300,000 43,400 589,509 100 85 88

Merchants Bank__ 250,000 61,690 1,283,256 100 85 88

McCornick & Co Bk 600,000 328,568 7,041,772 100 285 290

Nat Bk of Republic 300,000 345,260 4,350,183 100 202 203

National City Bank 250,000 51,649 2,335,210 100 129 130

National Copper Bk 300,000 60,344 2,466,932 100 98 99

Salt Lake Sec&TrCo, 300,000 151,390 1,149,487 100 117 118

Utah State Nat Bk 600,000 140,437 4,986,840 100 211 214

Utah Say & Tr Co_ 300,000 28,767 1,197,497 100 90 95

Walker Bros, B'kers1 500,000 122,975 5,543,022 100 201 202

Mons S Bk & Tr Co 500,000 277,772 6,278,744 100 414 415

VERMONT-Nat. banks Dec. 31; State institutions latest returns.

Barre- Per share.

Barre S Bk & Tr Co 50,000 45,000 1,760,000 100

Granite S B & T Co 75,000 22,927 1,734,286 100

People's Nat Bank_ 100,000 n30,339 n549,174 100

Quarry S Bk & TCo 100,000 6,012 1,005,244Burlington- 1 Per share.

Howard Nat Bank_ 300,000 325,914 1,088,570 100

Merchants Nat Bk_ 150,000 180,419 377,849 100

Burlington Tr Co__ 50,000 264,616 3,401,122 100

Montpelier- 1 Per share.

Capital S B & T Co 100,000 86,466 2,186,167, 1001

First National Bank 100,000 38,069 896,206 100

Montpelier Nat Bk 150,000 163,817 1,584,968 100, 1 Montp'r S B & T Co 100,000 222,299 3,675,550 1001 Rutland- 1 1 Per'share.

Baxter Nat Bank__ 100,000 66,671 342,633 100 115Clement Nat Bank_ 100,000 155,704 2,472,116, 100: 300Killington Nat Bk_ 100,000 81,235 263,440 100, 120Rutland Co Nat Bk 100,000 65,307 709,8841 100 120 130Rutland Trust Co_ 50,000 127,000 1,433,000 100 ;200

1 1 I

VIRGINIA-Nat. banks Dec. 31; State institutions latest returns.

Lynchburg- IFirst National Bank 675,000 498,823 3,082,192 100 Lynchburg Nat Bk, 500,000 570,247 2,064,125 100 Peoples Nat Bank! 500,000 512,484 1,750,344Lynchburg Tr dr SB 150,000 254,745 1,737,262Norfolk- Per share.

Citizens Bank 600,0001 573,207 2,809,233 100 215

Marine Bank___., 110,0001 227,520 598,088 100 290

Mercantile Bank__ 100,000 10,210 103,236 100 100

Nat Bk of Comm'ce1 1,000,000; 940,399 6,837,558 100 200

Nor Bk for Say&Tr, 100,000 333,364 1,716,416 100 490

Norfolk Nat Bank_. 1 1,000,0001 820,540 6,725,725 100 165

Seaboard Nat Bank' 300,0001 93,061 1,687,115 100 130

Virginia Nat Bank_1 500,000 106,370 1,486,296 100 137

Petersburg-,, Per share.

Petersb Sy & InsCo' 200,000 753,489 2,885,142 20 100 110

Nat Bk of Petersb_ 100,000 331,499 3,476,209 100 375

Virginia Nat Bank_1 400,000, 191,190 1,637,900 100 135 Richmond- 1 1 Per share.

American Nat Bank; 1,000,000 737,965 6,695;768 100 189 196Bank of Com & Tr_.1 250,000 177,589 1,113,741 100 182 195Broad-Street Bank_ 200,000 151,310 1,757,787 25 45 50Broadway Nat Bk_ 200,000 820,814 3305,425 100 90Central Nat Bk ofR 350,000 69,899 952,395 100 120 126First National Bank 2,000,000 1,173,347 15,460,472 100 220 222Manchester Nat Bk 150,000 11,239 317,783 100 80Mech & Merch Bk_ 100,000 119,767 721,561 100 205 220Merchants Nat Bk_ 200,000 1,296,301 9,233,116 100 1000

Nat State & City Bk 1,000,000 797,094 6,202,662 100 182 190

Planters Nat Bank_ 300,000, 1,623,720 6,550,223 100 800 875

Richm Bk & Tr Co 477,400 89,530 570,246 25 25 % 26%

Say Bank of Richm 200,000 327,437 1,545,493 25 90 95

Union Bk of Richm 219,750 504,179 1,288,317 50 325 350

Did Dominion TrCo 1,000,000 1,147,760 1,522,960 100 200 202

Richm Tr & Say Co 1,000,000 137,344 1,032,675 100 108 110

Virginia Trust Co__ 1 1,000,000 341,469 2,040,246 100 220 260

WASHINGTON-Nag. banks Dec. 31; State institutions Dec. 31.,

Seattle- ' Per share.

Bank for Sayings__ 400,000 19,441 695,441 100 100 '

Canad'n Bk of Corn 200,000 3,067,805 100Dexter-HortonNBk 1,200,000 272,044 9,557,999 100 k 270First National Bank 300,000 135,949 5,018,421 100 250;ler-Amer Mere Bk 200,000 17,870 1,272,898 100 100Metropolitan Bank. 100,000 155,444 2,274,473 100 325Nat Bk of Comm'ce 1,000,000 1,102,297 12,437,914 100 315Nat Cy Bk of Seatt 500,000 128,274 3,138,714 100 167People's Say Bank_ 100,000 223,044 2,318,956 100Scand-Amer Bank_ 500,000 514,067 11,198,547 100 190Seattle Nat Bank__ 1,000,000 264,617 14,095,304 100 225State Bk of Seattle.. 100,000 23,679 1,405,375 100 140km Say Bk & Tr Co 600,000 107,674 2,145,921 100 118North Bk & Tr Co.. 100,000 19,722 1,370,976 100 135Union Say & Tr Co 600,000 200,619 4,005,445 100 140Northw Tr & S DCo 100,000 14,263 1,142,762 100 130Dex-Hort T & S Bk 400,000 113,000 7,345,938 100

Spokane- Per share.Bank of Montreal__ 100,000 4,097 1,656,920 100Exchange Nat Bk __ 1,000,000 234,462 6,652,035 100 150 160Fidelity Nat Bank_ 250,000 64,470 2,460,993 100 135 150Did National Bank_ 1,000,000 538,460 12,348,693 100 150 160Sea, ,Inav-AmerBk 100,000 47,006 664,266 100 110 120Spok & East Tr Co_ 1,000,000 282,670 9,574,536 100 150 175Union Tr & Say Bk 500,000 155,660 756,624 100 120 130Washington Tr Co.. 200,000 47,907 733,132 100 120 135

Tacoma- Per share.at Bk of Tacoma_ 1,000,000 171,218 7,600,309 100 * 200

Puget Sd State 13k_ 100,000 46,804 791,022 100 130 140icandinav-AmerBk 200,000 20,000 2,384,000 100 75 80Bankers Trust Co__ 300,000 d25,347 d613,432 100 105 110Fidelity Trust Co__ 500,000 492,440 3,946,492 100 175 180Tacoma S B& T Co 200,000, 34,979 1,081,284

WEST VIRGINIA-Nat. banks Dec. 31; State institutions latest returns.

Capital.Surplus

ct Profits.Gross

Deposits. Par. Bid. Ask

Wheeling- $ 11 $ Per shareBank of Ohio Valley 175,000 32,661 878,950 70 80 CentreWheelingSay 25,000 32,500 590,000 100 228 Citizens' Nat Bank 100,000 25,022 184,422 100 124City Bk of Wheel__ 150,000 227,887 2,035,702 100 __ --- . _Commercial Bank_ 100,000 138,000 430,000 100 185 German Bank 80,000 628,400 2,836,822 100 550 Germania Half-Dol-

lar Sayings Bank 50,000 85,000 1,061,861 100 250Nat Bank of W Va_ 500,000 312,593 3,462,369 100 158 Nat Exchange Bank 500,000 594,447 2,758,273 100 210 People's Bank 100,000 78,537 443,432 20 29Quarter Says Bank.. 73,200 52,003 386,320 100 South Side Bank_ __ 25,000 116,1671 905,665 50 175Dollar Say & Tr Co 500,000 838,072 4,378,999 100 238 Security Trust Co.. 300,000 241,876 1,100,570 100 170

WISCONSIN-Nat. banks Dec. 31; State institutions latest returns.

La Crosse- Per shareBatayian Nat Bank 400,000 183,472 3,168,789 100 Exchange State Bk 25,000 13,477 405,000 100 Nat Bk of La Crosse 250,000 459,037 4,192,452 100 Security Says Bank 30,000 8.479 462,751 100 State Bk of LaCr'se

Milwaukee-

100,000 56,020 1,523,563 100

Per shareBadger State Bank_ 200,000 8,000 1,000,600 100 First National Bank 3,000,000 1,310,729 27,498.031 100 195 197German-Amer Bank 250,000 101,770 2,992,667 100 135 140Germania Nat Bk_ 300,000 164,968 4,352,660 100 145 150Marine Nat Bank__ 500,000 808,800 6,640,953 100 240 250Marshall & IisleyBk 500,000 653,539 13,097,148 100 240 250

Mer & Manufac Bk 400,000 59,572 1,361,175 100 100 105

Nat Exchange I3ank 500,000 623,207 5,197,134 100 210 215Second Ward Say B 1,000,000 543,667 20,283,261 100 170 West Side Bank__ 200,000 126,127 1,943,399 100 Wisconsin Nat Bk_ 2,000,0001 1,486,968 24,965,970 100 197 199First Trust

Co_- __ 300,000! 150,667 100

Wisconsin Trust Col

1

500,000, 292,963 1,433,414 100 160

WYOMING-National banks May 1 1915.

Cheyenne- Per shire

3itizens Nat Bank_ 100,000 n37,917I n855,504?int National Bank 100,000 n155,000 n2,500,000 1tock Growers N B 100,000 144,5071 2,697,323Aryom Tr & Say Bk 60,000 41,800, 460.742 100

CUBA.Returns are of date June 30 1915.

Havana-Nat Bank of Cuba_ 5,000,0001 2,124,187 38,101,617

Per1001

share.

CANADA.

Returns are all of date Dec. 311915.

MANITOBA.

CapitalPaid in.

ReserveFund. Deposits. Par. Bid. Ask.

cent.80

Prices areWinnipeg-

Northern Crown Bk 2,859,272

per cent,

150,000

not per sho

13,229,917

re.

1101

Per

NOVA SCOTIA.

Halifax- Per rent.

Bk of Nova Scotia_ 96,500,000 12,000,000 75,835,343 100 2611

ONTARIO.

Hamilton-Per cent.

Bank of Hamilton 3,000,000 3,600,000 37,626,781 100 201

Ottawa-Bank of Ottawa- 94,000,000 4,750,000 40,056,762 100 207

Toronto-Bank of Toronto...95,000,000 6,000,000 49,612,819 100 211Can Bank of Comm 15,000,00013,500,000 1S6642510 60 203

Dominion Bank.... 6,000,000 7,000,000 65,360,313 50 _ _1227

Home Bk of Canada 91,945,719 400,000 10,125,782 100

Imperial Bk of Can 97,000,000 7,000,000 59,837,398 100 x 210

Standard Bank 3,000,000 4,000,000 40,122,678 50 z'215

Sterling Bk of Can 1,204,820 300,000' 7,495,721 100

QUEBEC.

Montreal-Bank of Montreal._ _

116,000,00016,000,000 269972 985 100Per

235cent.

Bank of Br Nor Am 4,866,6661 3,017,333 42,303,818 145

Banqued'Hochelega 94,000,000 3 700,000 22,780,035 100 149

Merch Bank of Can o7,000,000 7,000,000 67,852,931 100 180

Molson's Bank_ _ _ _ 94,000,000 4 800,000 40,493,966 100 201

Provinc'l 13k of Can 91,000,000 650,000 10,347,819 100

Quebec Bank 2,735,000 1,000,000 14,355,979 100 119

Royal Bk of Canada 011560000,12,560,000 156846 559 100 221%

Quebec-Banque Nationale_ 2,000,000 1,800,000 19,975,104 100 132%

Union Bank of Can 95,000,000 3,400,000 61,817,394 100 140

• Sale price. o Par of this bank is £50 a Capital to be increased r Ex-rights. o This Is capital mild In; authorized amount is larger.

s Ex-dividend. s Sept. 2 1915. r New stock. t June 23 1915 d Nov 10 1915. e July 11915. n Dec. 311915.o Sept. 12 1914. k Includes One-

third of a share in Dexter-Horton Trust & Savings Bank stock.

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