50
BANK AND QUOTATION SECTION OF THE COMMERCIAL & FINANCIAL CHRONICLE. Copyrighted in 1910, according to Act of Congress, by WILLIAM B. DANA COMPANY, in office of Librarian of Congress, Washington, D. C. VOL. 102. NEW YORK, APRIL 8 1916. NO. 2650 BANK AND QUOTATION SECTION The Bank and Quotation Section, issued monthly. Is furnished without extra charge to every annual subscriber of the Commercial and Financial Chronicle. The Railway and Industrial Section, issued three times a year on the last Saturday of February, June and October. is likewise furnished without extra 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-State Commerce Commission, is also furnished without extra charge to every annual Chronicle subscriber. The Electric Railway Section. Issued three times a year, In January. May and September, s likewise furnished without extra charge to every Chronicle subscriber. The State and City Section, issued semi-annually on the last Saturday of May and November, Is also furnished without extra charge to every subscriber of the Chronicle. The Bankers' Convention Section, issued yearly, giving the detailed proceedings 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 includes postage) in Europe. and $11.50 in Canada. File covers for the Chronicle are sold at 60 cents each; (which includes postage). 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. C. WILLIAM B. DANA COMPANY. Publishers, Front. Pine and Depeyster Streets, New York, INDEX TO ADVERTISEMENTS OF BANKS AND TRUST COMPANIES Atlanta. Oa.— Pape. Atlanta National Bank 3 Baltimore, Md.— 3 Safe Deposit & Trust Co National Bank of Baltimore 4 Birmingham, Ala.— First National Bank 9 Boston. Mass.— National Union Bank 2 Chicago, III.— Chicago Savings Bk. & Tr. Co_ 6 Continental & Correl Nat. Bk_ 9 Corn Exchange Nat. Bank 8 First Nat. Bank of Chicago.— 7 Live Stock Exchange Nat. Bk.. 6 Merchants' Loan & Trust Co_ 12 National Bank of the Republic- 11 Cincinnati, Ohio— Fifth-Third National Bank 10 Cleveland, Ohio— First National Bank 10 Union National Bank 10 Denver, Colo.— First National Bank 7 Detroit, Mich.— First &Old National Bank 3 People's State Bank 6 Fort Worth, Texas— Fort Worth National Bank 7 (hand Rapids, Mich.— Old National Bank Ilartford, Conn.— Hartford-Aetna National Bank 2 Indianapolis, Ind.— Merchants' National Bank 10 Jersey City, N. J.— First National Bank 2 os Angeles. Cal.— Citizens National Bank 12 First National Bank 12 Milwaukee, Wis.— First National Bank Minneapolis, Minn.— First & Security National Bank 11 Northwestern National Bank.... 11 Mobile, Ala.— Page. People's Bank 9 Nashville, Tenn.— American National Bank 8 Fourth and First Nat. Bank_ 10 Newark, N. J.— Union National Bank 3 New Orleans, La.— Whitney-Central Nat, Bank.... 8 New York, N. Y.— Chemical National Bank 1 Coal & iron National Bank 1 Farmers' Loan &Trust Co 14 Hanover National Bank 1 Seaboard National Bank 1 Norfolk, Va.— Norfolk National Bank 3 Paterson, N. J.— First National Bank 1 Philadelphia, Pa.— Corn Exchange Nat. Bank 5 First National Bank 4 Fourth Street National Bank.. 9 Franklin National Bank 8 Girard National Bank 4 Girard Trust Company 6 Market Street National Bank., 4 Philadelphia National Bank_ 5 Tradesmen's National Bank.... 4 Pittsburgh, Pa.— Columbia National Bank 5 Providence. R. I.— Merchants' National Bank 2 St. Louis, Mo.— Mechanics'-American Nat. Bk. 7 National Bank of Commerce.... 7 San Francisco. Cal.— Anglo & London-Paris Nat.Bk 11 The First National 12 Worcester, Mass.— Merchants National Bank 2 REVIEW OF MARCH. While the submarine issue remained a live question both in its domestic aspects and in the fact that Ger- many continued its submarine warfare with renewed vigor (attacks on merchant ships, both armed and unarmed, being reported with great frequency), much calmer views prevailed during March, and the tone of public utterances was likewise softened very considerably. The President gained a notable tri- umph- in the threatened conflict with Congress, and as this left him entirely free again to conduct negotia- tions with Germany in his own way, the tense interest in the probable outcome of the negotiations was in large measai e relieved, it being felt that, however great the provocation, Mr. Wilson would act as he had in the past, with due caution and deliberation before taking any measures that might lead inevitably to a rupture in the relations between this country and Germany. As it happened, troubles on the Mexican border took a very serious turn, necessitating the sending of United States troops into Mexico, and this served to divert attention for the time being from European developments in connectionwith Germany's undersea warfare, giving the President a chance to mature plans for dealing with the submarine situa- tion without outside pressure. In the controversy with Congress a sensational in- cident occurred in the Senate on March 2 in the con- sideration of Senator Gore's resolution asking Ameri- can citizens to forbear from traveling on armed mer- chant ships. In the course of the debate on the resolution, Senator Gore made the declaration that his action "was based upon a report received which seemed to come from the highest and most responsible authority; that certain Senators and certain members of the House in a conference with the President of the United States received from the President the information, if not the declaration, that if Germany insisted upon her position, the United States would in- sist upon her position, and that it would result probably in a breach of diplomatic relations, and that a breach of diplomatic relations would probably be followed by a state of war, and that a state of war might not be of itself and of necessity an evil to this Republic, but that the United States by entering upon war now might be able to bring it to a conclu- sion by midsummer and thus render a great service to civilization." Senator Gore's assertion brought an immediate denial from the White House couched in the following words: "When the attention of the White House was called to certain statements in Senator Gore's speech this afternoon, the President Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

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BANK AND QUOTATIONSECTION

OF THE

COMMERCIAL & FINANCIAL CHRONICLE.Copyrighted in 1910, according to Act of Congress, by WILLIAM B. DANA COMPANY, in office of Librarian of Congress, Washington, D. C.

VOL. 102. NEW YORK, APRIL 8 1916. NO. 2650BANK AND QUOTATION SECTION

The Bank and Quotation Section, issued monthly. Is furnishedwithout extra charge to every annual subscriber of the Commercial andFinancial Chronicle.The Railway and Industrial Section, issued three times a year on thelast 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 swornreturns of earnings and expenses filed each month with the Inter-StateCommerce Commission, is also furnished without extra charge to everyannual 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 includes 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. C.

WILLIAM B. DANA COMPANY. Publishers,Front. Pine and Depeyster Streets,

New York,

INDEXTO ADVERTISEMENTS OF BANKS AND TRUST COMPANIESAtlanta. Oa.— Pape.

Atlanta National Bank 3

Baltimore, Md.— 3

Safe Deposit & Trust Co National Bank of Baltimore

4

Birmingham, Ala.—First National Bank 9

Boston. Mass.—National Union Bank 2

Chicago, III.—Chicago Savings Bk. & Tr. Co_ 6Continental & Correl Nat. Bk_ 9Corn Exchange Nat. Bank 8First Nat. Bank of Chicago.— 7Live Stock Exchange Nat. Bk.. 6Merchants' Loan & Trust Co_ 12National Bank of the Republic- 11

Cincinnati, Ohio—Fifth-Third National Bank 10

Cleveland, Ohio—First National Bank 10• Union National Bank 10

Denver, Colo.—First National Bank 7

Detroit, Mich.—First &Old National Bank 3People's State Bank 6

Fort Worth, Texas—Fort Worth National Bank 7

(hand Rapids, Mich.—Old National Bank

Ilartford, Conn.—Hartford-Aetna National Bank 2

Indianapolis, Ind.—Merchants' National Bank 10

Jersey City, N. J.—First National Bank 2os Angeles. Cal.—Citizens National Bank 12First National Bank 12

Milwaukee, Wis.—First National Bank

Minneapolis, Minn.—First & Security National Bank 11Northwestern National Bank.... 11

Mobile, Ala.— Page.People's Bank 9

Nashville, Tenn.—American National Bank 8Fourth and First Nat. Bank_ 10

Newark, N. J.—Union National Bank 3

New Orleans, La.—Whitney-Central Nat, Bank.... 8

New York, N. Y.—Chemical National Bank 1Coal & iron National Bank 1Farmers' Loan &Trust Co 14Hanover National Bank 1Seaboard National Bank 1

Norfolk, Va.—Norfolk National Bank 3

Paterson, N. J.—First National Bank 1

Philadelphia, Pa.—Corn Exchange Nat. Bank 5First National Bank 4Fourth Street National Bank.. 9Franklin National Bank 8Girard National Bank 4Girard Trust Company 6Market Street National Bank., 4Philadelphia National Bank_ 5Tradesmen's National Bank.... 4

Pittsburgh, Pa.—Columbia National Bank 5

Providence. R. I.—Merchants' National Bank 2

St. Louis, Mo.—Mechanics'-American Nat. Bk. 7National Bank of Commerce.... 7

San Francisco. Cal.—Anglo & London-Paris Nat.Bk 11The First National 12

Worcester, Mass.—Merchants National Bank 2

REVIEW OF MARCH.While the submarine issue remained a live question

both in its domestic aspects and in the fact that Ger-many continued its submarine warfare with renewedvigor (attacks on merchant ships, both armed andunarmed, being reported with great frequency),much calmer views prevailed during March, and thetone of public utterances was likewise softened veryconsiderably. The President gained a notable tri-umph- in the threatened conflict with Congress, andas this left him entirely free again to conduct negotia-tions with Germany in his own way, the tense interestin the probable outcome of the negotiations was inlarge measai e relieved, it being felt that, howevergreat the provocation, Mr. Wilson would act as hehad in the past, with due caution and deliberationbefore taking any measures that might lead inevitablyto a rupture in the relations between this country andGermany. As it happened, troubles on the Mexicanborder took a very serious turn, necessitating thesending of United States troops into Mexico, and thisserved to divert attention for the time being fromEuropean developments in connectionwith Germany'sundersea warfare, giving the President a chance tomature plans for dealing with the submarine situa-tion without outside pressure.In the controversy with Congress a sensational in-

cident occurred in the Senate on March 2 in the con-sideration of Senator Gore's resolution asking Ameri-can citizens to forbear from traveling on armed mer-chant ships. In the course of the debate on theresolution, Senator Gore made the declaration thathis action "was based upon a report received whichseemed to come from the highest and most responsibleauthority; that certain Senators and certain membersof the House in a conference with the President ofthe United States received from the President theinformation, if not the declaration, that if Germanyinsisted upon her position, the United States would in-sist upon her position, and that it would resultprobably in a breach of diplomatic relations, andthat a breach of diplomatic relations would probablybe followed by a state of war, and that a state ofwar might not be of itself and of necessity an evil tothis Republic, but that the United States by enteringupon war now might be able to bring it to a conclu-sion by midsummer and thus render a great serviceto civilization." Senator Gore's assertion broughtan immediate denial from the White House couchedin the following words: "When the attention of theWhite House was called to certain statements inSenator Gore's speech this afternoon, the President

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16 MONTHLY RE VIEW [Vol,. 102.

authorized an unqualified denial of any utterance towhich any such meaning could be attached."

Before a vote was taken on the resolution, Mr.

Gore, as the author of it, by clever maneuvering,

succeeded in amending it so as to give it precisely

the opposite meaning from that originally designed,

and then voted against it himself. The amendment

inserted by Mr. Gore provided that "the sinking by

a German submarine without notice or warning of an

armed merchant vessel of her public enemy, resulting

in the death of a citizen of the United States, would

constitute a just and sufficient cause of war between

the United States and the German Empire." In thisform the resolution was tabled on March 3 by a voteof 68 to 14, Mr. Gore, himself, as already stated,being registered in the affirmative. In the House ofRepresentatives the Administration leaders tookpains to see that the nature and meaning of the votein that body should not be open to question—inother words, that there should be no doubt that itwas the intention that the President should be freeto pursue his own policies in the conduct of negotia-tions with Germany on the submarine issue. On thesame day that the Senate tabled the Gore resolution,

namely March 3, the House Committee on Foreign

Affairs, by a vote of 17 to 2, voted to report the

McLemore resolution (warning Americans againsttraveling on armed ships) with a recommendation

that it be tabled. The Committee in its report said:

"Under the practice and precedents in this country,

the conduct of diplomatic negotiations has been left

to the President, and with this practice the Com-

mittee does not feel it proper for the House of Repre-

sentatives to interfere. We know that if the Pres-dent reaches a point in any negotiations with foreignGovernments where he has exhausted his power inthe premises, he will, in the usual way, report all

facts and circumstances to Congress for its considera-

tion." When the House finally acted on the issue

on March 7, three separate proposals were disposed

of by large majorities. The first proposition, de-

signed to open the McLemore resolution to amend-

ment and unlimited debate, was voted down by a

vote of 256 to 160; [on this question 192 Democrats,

63 Republicans and 1 Progressive supported the

Administration. Action was then taken upon the

special rule providing for four hours' debate on the

McLemore resolution; this was adopted by a vote

of 272 to 137. The final action of the House con-

sisted in the tabling, by a vote of 276 to 142, of the

McLemore resolution. The vote to table was cast

by 182 Democrats, 93 Republicans and 1 Progressive.

Those against the tabling of the McLemore resolution

consisted of 33 Democrats, 102 Republicans, 5 Pro-

gressives, 1 Independent and 1 Socialist.These votes showed that sentiment in the House

was overwhelmingly in favor of allowing the Presidentto exercise his Constitutional prerogative and con-

tinue negotiations without interference from the

legislative branch of the Government. Later, the

Senate also showed that it was disposed to drop the

whole matter. Senator McCumber had on March 3

re-introduced his own resolution warning Americans

against traveling on armed merchantmen, which the

Senate had tabled at the same time it tabled the Gore

resolution, but on March 9 made announcement

that his resolution would be definitely withdrawn.

The premises, however, on which the withdrawal was

based proved false, Senator McCumber having given

it as his understanding that a warning would be

issued by Secretary of State Lansing fully as effectual

as any that might have been put in force by the

adoption of the Gore or McLemore resolution. This

statement Secretary of State Lansing took prompt

and emphatic occasion to deny.In the meantime Germany's new policy went into

effect on March 1, in accordance with previous an-

nouncement. As a matter of fact, however, the

German attacks were not confined to armed mer-

chantmen. Quite a good many British ships were

sunk, and also some neutral vessels, either as theresult of German submarine attacks or contact withfloating mines. The disasters of that nature whichattracted particular attention were those concerning

three British vessels, carrying Americans, namely

the Sussex, the Englishman and the ManchesterEngineer. These disasters on the surface at leastserved to bring about again a tense situation in theofficial relations between the United States andGermany, though public interest became absorbed,

as already stated, in Mexican affairs. The Sussex

was a Channel steamer plying between Folkestone,

England, and Dieppe, France, and was owned by theFrench State Railway, though managed by theLondon Brighton & South Coast Railway Co. Ad-vices from London on March 24 stated that thesteamer had met with a mishap somewhere offDieppe. The vessel was sailing under a French flagand had 386 passengers aboard, besides a crew ofabout 50. In the number were included 25 Ameri-cans. These were all saved. An official statementissued by the Ministry of Marine at Paris on March 25declared that the Sussex had been torpedoed by an

enemy submarine. This was based on a statement

of the captain that he had observed a torpedo about100 meters from the side and had immediately

maneuvered to avoid it, but the vessel was struck in

the forward part, remaining, however, afloat. Apatrol boat managed to find the distressed vessel and

brought back to Boulogne a majority of the passen-

gers. Others were taken to England by British

torpedo-boat destroyers. The Englishman was aDominion Line steamer and also met with disasteron March 24. She had transported horses to St.Lazaire, France, but on her westward voyage hadleft Avonmouth March 21, and was bound for Port-land, Me. She had a number of Americans aboardat the time of the disaster, of whom one, namelyP. Buckley, was lost. The rescued comprised 60 ormore, leaving a shortage of about 18. It was de-clared in this instance also that the steamer had been

torpedoed.The concern over the attacks on the Sussex and

Englishman was aggravated by the reports of thesinking of the Manchester Engineer on March 27

with two American citizens, negroes, on board. The

Manchester Engineer had left Philadelphia for Man-

chester on March 11 and was asserted to have been

torpedoed without warning off Waterport and sunk.In this case there were no casualties. Still anotherBritish steamer having an American on board,namely the Eagle Point, was reported torpedoed with-out warning on March 28, 100 miles from land, in acable dispatch from Queenstown under date ofMarch 29. This dispatch stated that the vessel hadbeen shelled and torpedoed. In this case all werereported saved. It was also stated that a cablegramhad been received from U. S. Ambassador Page re-porting that he had been informed by the BritishAdmiralty that the Sussex had carried no guns.The State Department was furthermore said to have •been advised that none of the Channel passengerliners carries argils.

Earlier in the month a Norwegian vessel, theSilius, and a Dutch steamer, the Tubantia, both hav-ing Americans on board, were sunk. The bark

Silius had left New York on Feb. 4 for Havre andmet disaster on March 9, when, according to reports,

she was torpedoed without warning in Havre Roads.The bark had a cargo of grain

' but carried no passen-

gers. The crew was said to have numbered 17, of

whom seven were Americans; three of the crew were

lost, but no Americans were among that number. Ger-many made prompt disclaimer of responsibility for

the sinking of this ship, saying that an official in-

vestigation by the German navy established thefact that no German submarine had been concernedin the sinking of the Silius. The Tubantia was a

Holland Lloyd passenger steamer and was sunk on

March 16 off the Noord Hinder lightship as the result

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APR.. 1916 , MONTHLY REVIEW 17

of striking a mine or an attack by a submarine. Thesteamer carried between 80 and 90 passengers andal:crew of 300. Three Americans were reported tohave been on board the vessel. The Tubantia hadleft Amsterdam on March 15 for the River Plate andwas to stop at Falmouth for additional passengersand freight. The German Government emphaticallydenied responsibility for the sinking of this ship also,the German Admiralty issuing two statements un-dertaking to show that no German submarine couldhave been involved in the sinking of the Tubantia.It was asserted that investigation proved the Tuban-tia had not been torpedoed by a German submarinenor by any other kind of ship attached to the Ger-man navy. It was furthermore declared that nomines had been sown by the German navy in theneighborhood where the Tubantia was lost.Much anxiety was manifested by our Government

over this revival of undersea warfare against armedand unarmed ships, but the Administration atWashington decided to exhaust all possible meansof fixing responsibility for the disasters before de-tdrmining the course to be pursued.. On March 25reports came from Washington that all of theEntente Powers through their embassies at Wash-ington, had handed to Secretary Lansing formal re-sponses rejecting the proposal of the State Depart-ment that they enter into a modus vivendi and dis-arm their merchant ships, with the understandingthat the United States Government would endeavorto obtain a pledge .from Germany not to attack anyunarmed ships without warning.There were indications, too, that in Germany itself

sharp conflicts of views existed among those in au-thority as to how far the policy of submarine warfarein disregard of the rights of neutrals should be, andsafely could be, carried. One of the important eventsbearing upon this aspect of affairs was the retirementearly in the month of Admiral von Tirpitz, the Ger-man Minister of Marine and commonly regarded asthe builder and organizer of the German navy.His successor in the Ministry was Admiral von Ca-pelle, known merely as an excellent administrativeofficer. The retirement of von Tirpitz was regardedas a triumph for the Government element representedby Dr. von Bethmann-Hollweg, the German Im-perial Chancellor, who was known to be conciliatoryin his attitude toward neutral countries, while vonTirpitz, on the other hand, was understood to havebeen in favor of continuing submarine attacks inextreme fashion without regard to • consequences.Opinion in Germany was also known to be dividedas to which course it was best to pursue. Echoes ofthis appeared in the discussions which occurred inthe Reichstag when it re-assembled. Moreover,with a view to preventing Admiral .von Tirpitz'sresignation from becoming a prelude to a modifica-tion of Germany's submarine campaign, the NationalLiberal Party on March 18 proposed a resolution foradoption by the Reichstag designed to restrain theChancellor from entering into arrangements withother countries which would hinder Germany "inthe unlimited use of the submarine weapon."

Action to prevent an open debate in the Reichstagon the question of unrestricted use of submarineswas taken March 23, when the standing com-mittee for regulation. of Parliamentary business,composed of the senior members of the variousparties, decided that the submarine resolutions shouldbe tabled. The representatives of the Conservativeand National Liberal parties, which brought for-ward the resolutions, were said to have given tenta-tive acquiescence.In Mexican affairs a serious crisis was suddenly

and unexpectedly precipitated through an unpro-voked attack by Francisco Villa and 1,500 of hisfollowers on Americans at Columbus, New Mexico,and on the camp of the 13th U. S. Cavalry at thatplace. This invasion of American territory occurredon March 9. In the raid 18 or 19 Americans, 7 of

whom were soldiers, were killed, while 5 soldiers werewounded. The United States Government took im-mediate cognizance of the murderous assault, issuingorders for the dispatch of troops for the capture ofVilla. On the 10th the following statement con-cerning the decision of the Administration was made:"An adequate force will be sent at once in pursuit

of Villa, with the single object of capturing him andputting a stop to his forays. This can and will bedone in entirely friendly aid of the constituted au-thorities in Mexico and with scrupulous respect forthe sovereignty of that Republic."Through the Mexican Ambassador, Eliseo Arre-

dondo, Secretary of State Lansing on the 9th inst.informed the de facto Government of Mexico of theaction decided upon by the United States Govern-ment, Senor Arredondo indicating that he would ad-vise Gen. Carranza not to interfere with or object tothe plans of the United States. A statement makingit plain that there was no intention on the part of theUnited States to enter Mexico by force was also issuedon the 10th inst. by Secretary of War Baker, followinga conference with President Wilson.A communication from the Carranza Government,

seeking permission for Mexican forces to cross intoAmerican territory in pursuit of the bandits, and aproclamation by Gen. Carranza declaring that theinvasion of Mexican territory by United States forceswould not be permitted without reciprocal rightsbeing granted the Mexicans, were developments,which were followed by the acquiescence on the partof the United States in the privilege requested. Thenote from Gen. Carranza asking permission to sendMexican troops across the border into the UnitedStates, was transmitted to the United States throughConsul Silliman, by whom it was received from Gen.Carranza's Minister of Foreign Affairs, Jesus Acuna,under date of the 10th inst.In this note it was asserted (after an expression

of regret by Gen. Carranza over Villa's deed) thatthis invasion of American territory was similar to theincursions into Mexico by American Indians in theyear 1880 and again in the years between 1884 and1886. It was pointed out that on those two occasionsan agreement was entered into between the Govern-ment of the United States and that of Mexico underwhich the armed forces of one country were givenpermission freely to enter the territory of the otherwith the view to punishing the marauding bands.Accordingly, Carranza requested permission for Mexi-can forces to cross into American territory in pursuitof Villa and his band, in return for which "due reci-procity in regard to forces of the United Statescrossing into Mexican territory" would be author-ized. The U. S. Government consented at once tothe reciprocal arrangement, and on March 13 ad-dressed a letter to that effect to the Chief of theMexican de facto Government. In this letter it wasstated that the Government of the United States"readily grants permission for military forces of thede facto Government of Mexico to cross the interna-tional boundary in pursuit of lawless bands of armedmen who have entered Mexico from the United States,committed outrages on Mexican soil and fled intothe United States, on the understanding that the defacto Government of Mexico grants the reciprocalprivilege that the military forces of the United Statesmay pursue across the international boundary intoMexican territory lawless bands of armed men whohave entered the United States from Mexico, commit-ted outrages on American soil and fled into Mexico.The Government of the United States understandsthat, in view of its agreement to this reciprocal arrange-ment, proposed by the de facto Government, the ar-rangement is now complete and in force, and thereciprocal privileges thereunder may accordingly beexercised by either Government without further in-terchange of views."

Pursuit of Gen. Villa and his band has not thusfar proved an easy task, but at least great satisfac-

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18 MONTHLY REVIEW [VoL. 102.

tion is to be derived from the fact that harmoniousarrangements have been reached between our ownGovernment and the de facto Government of Mexico,the two co-operating for the common purpose of cap-turing Villa so as to make future assaults by him outof the question. One or two formal clashes betweenU. S. troops and those of Villa occurred, in whichminor casualties to our soldiers resulted, with muchmore serious disasters to the Villa forces, and Car-ranza's troops also inflicted considerable injury on thebandit band, but at the end of the month Villa was stillat large. Gen. Carranza gave permission for the useof the Mexican railways for the purpose of forwardingsupplies to the American troops "on a commercialbasis." On March 28 both Houses of Congresspassed a bill appropriating $8,611,502 to pay theexpenses of the punitive expedition and the recruitingof the army up to full strength. In the Senate thevote was unanimous, and in the House 373 to 1, thedissenting vote being cast by a New York Socialist.Through the recruiting 20,000 men are added, bybringing the regular army up to maximum strength.One other disquieting event of the month was the

presentation of the formal demand of the trainmenon all the roads in the country for an increase in pay.The organizations concerned were the Brotherhoodof Locomotive Engineers, the Order of Railway Con-ductors, the Brotherhood of Locomotive Firemen andEnginemen, and the Brotherhood of Railroad Train-men. On March 9 official announcement was madein Chicago that the referendum vote of the 400,000engineers, firemen, conductors and trainmen in-volved in the movement had been overwhelmingly infavor of authorizing the representatives of theseorganizations to demand an eight-hour day, with timeand a half pay for overtime. The formal demandon the roads came March 30, and April 29 was fixedas the date by which answers would be expected.The demands were made simultaneously upon all therailroads in the country, and the different roads wererequested to "join with other railway managementsin the United States and enter into a collective move-ment for the purpose of handling this proposition atone and the same time through a joint committeerepresenting all railroads concerned." The men alsomade it a condition that nothing in any settlementthat might be reached was "to be construed to de-

• prive the employees of any railroad from retainingtheir present rules and accepting any rates that maybe agreed upon or retaining their present rates andaccepting any rules that may be agreed upon." Therailroads, on their part, while presenting no counter-proposals, insisted that in any consideration of thesubject there must be an "open door." In otherwords, they insisted that, in any consideration of thequestion, proposals for alterations and readjustmentsof wage rates and wage schedules, coming from therailroads, must receive equal hearing with those fromthe men instead of consideration being given aloneto matters favorable to the employees. "In such afundamental reconstruction of the wage basis as isproposed by the employees," said the reply of thecarriers, "the railroads insist they have the right todemand a frank discussion as to the rules and regula-tions interwoven in the present wage structure."In the foreign exchange market, rates on London

moved within a very narrow range and there wereno striking incidents or developments. Merchan-dise exports continued heavy, particularly of warmaterials and other supplies for the Entente countries,but these did not figure in exchange operations,since they are settled for through drafts on thecredits established here in favor of those countriesthrough the Anglo-French loan and through otherspecial arrangements. Exchange on Berlin andVienna, however, again displayed weakness, newlow levels being established in both instances.Reichsmarks, March 21, got down to 713 and theAustrian kronen on March 30 touched 12.35 cents.French exchange also proved weak; in part, perhaps,because of the violence of the military operations

before Verdun, though in addition, France had toarrange for some maturing loan in both New Yorkand London. As a general thing, it may be saidthat as far as all Continental points are concerned,exchange on the belligerent countries was weak,while that on neutral countries, like Holland (Ams-terdam), Denmark, Sweden and Norway, was strong.In the case of sterling exchange, the rate for sightbills did not at any time vary greatly from 4 76.The gold movements to and from the United Stateswere, on the whole, not very important.

RATES OF EXCHANGE ON LONDON IN POUNDS STERLING.

Bankers' Bills --Commercial Bills Sixty Cable Ninety Documents Seven-DaysDay. Sight. Transfers. Day. for Payment. Grain.

1-4 72%-72%2- -4 72%-723(3__4 7235-72h4__4 72%-72%5_ _6_ _4 7234-72%7__4 7255-72%8.A 7234-72349.472%-72%10._4 7255-72%11__4 7255-72%12__13-4 7234-72%14_ _4 7255-72%15.A 7255-725416..4 7255-72%17_ _4 7234-723418._4 7235-72h19_20_ _4 7254-725421_4 72h-72%22.. 4 723423..4 7234-72%24. _4 73 -735(25_ _4 73 -733426_27.4 73 -73428_ _4 73 -73%29_4 73 -73%30_ _4 7334-73h31__4 7354-73%

4764-7634 477 -77% 469% 47234-72%4 767/(6-7634 4 76'3(6-77 4 6935-69% 4 7255-72%4 7654-7634 4 76346-77% 4 6934-6955 4 7234-72%4 7635-76% 4 76'3(6-77 4 6954-6955 4 7235-72%

SUNDAY4 764-76% 4 7655-76% 4 6934-69344 7634-7634 4 76%-76% 4 6934-69h4 76 -7634, 4 7634-76% 4 6955-69%4 75%-76% 4 76%,-76'4 4 6934-69344 7655-7634 4 7654-76% 4 6934-69%4 7634,-76% 4 76%-77 4 6935-6934

SUNDAY4 76 -7634, 4 7634-76')('r4 7655-76% 4 76h-761 6 4 6955-69% 4 7235-72554 763/(c7654 4 7634-76% 4 6954-69% 4 7235-7255

4 6955-6955 4 7254-7255

4 7634-763 4 76%-77 4 6955-6936 4 7234-72344 763(c7634 4 77 -7734 4 6934-6934 4 7255-72354 70(6-7635 4 77 4 6934-6934 4 7255-72%

SUNDAY4 704-76% 4 77 -7734, 4 6935-6954 4 7255-72%4 7634-7634, 4 771,1'6-7734 4 6934-69% 4 7255-72h47634-76% 477 -77% 4 6934 4 72 94476%,-76% 477 -774,46934-6934 47254-72%4 7654-763g 4 77 -774 4 6934-70 4 7235-72%4 76'54-7654 4 7614-7754 4 70 -7034 4 7254-72%

SUNDAY4 7654-7635 4 76151.6-7714 4 70 -70% 4 7255-72%4 7654-767/4 4 76'3(6-77% 4 70 -7034 4 7254-72%4 7655-7634, 4 77 -771/e 4 7055-7035 4 7235-72544 7674-7655 4 77 -77% 4 7034-7054 4 7255-72544 7634-7634 4 77 -7734, 4 70 31-70 % 4 7234-72%

4 7234-72%4 72%-72554 7254-72%4 723442%4 7254-72554 7255-7235

4 76%4 7655-76%4 7555-75%4 7555-75%

4 7535-75554 7554-75%4 7554-75344 75 -75%4 7534-75544 7554-7555

4 75h-75354 7554-75554 75h-75%4 7554-75354 7555-75%4 7535-7555

4 7554-75554 7555-75354 7534

4 7535-75%4 7555-75314 7555-7554

4 7555-75544 7555-75354 7555-75544 7554-75%4 7534-7554

RATES OF EXCHANGE ON CONTINENTAL CENTRES.

ParisFrancs

BerlinReichsmarks

SwissFrancs

AmsterdamGuilders

Bankers' IC01717Cheeks Cablesi. Sight

Mar,1._ 5 87345 8755.5 88552._ 5 8854 5 875515 893_ _ 5 8854 5 8734 5 894_ - 5 8834 5 88 589%5--6-- 5 89345 88345 89347-- 5 89h 5 89% 5 90558_ 5 90h 5 90 591%9591 5 90h 5 91%10._ 5 904 5 8934 5 90%11_ _ 5 90% 5 90 59112._13-- 5 9054 5 9054 5 913414__ 5 92% 5 91345 92h15__ 5 9555 5 95 596%16..5 9635 5 95% 5 9717-- 5 953.45 9434 5 959418_ 5 9334 5 93 5945419_20_ _ 5 9455 5 933415 95x21— 5 94% 5 94 15 95%22— 5 96 5 95% 5 96%23-- 5 97 5 96%,5 97%24_ 5 9754 5 965515 973425._ 5 96545 953415 975426__27._ 5 9755 5 9655,5 975528..5 9634 5 965515 973529_ 5 9655 5 95%15 9730. _15 98 5 97415 983431_ _ 5 9755 5 963f5 98

Bankers'Sight Cables

Bankers' Bankers' Cont'lSight Cables Sight Cables Sight

7354 7334 1,5 24 % 5 24 4234 4234 423/67394, 7334 ;5 24 523 4234 42% 4234,73%45 7374-555 2334 5 23 4235 4234 4234-3573% 7334 (5 24 5 23h 4235-55 4255-34 42%

SUNDAY73% 7334, 5 23555 22% 4234 4234 42%73 7354 5 2434 5 23% 424, 424 42557234 7234, 524 523 425 424 42347254 7234 524 523 4294,-% 4234-94 42347234, 7255 5 23345 2234 4234 -54 4234-34, 42347274, 7255 5 23% 5 2254 4235-55 4255-34 4251-34

SUNDAY72 72% 5 24 5 23 4255-34 4234-35 4254-34723,4 72% 5 24 5 23 4255-54 4254-35 4231-317255 7234 5 24 5 23 4234-55 4235-55 4255-5472 7234, 5 23345 23 4234-34 4255-55 255-347154 71% 5 23345 23 4254-54 4235-35 4254-5471% 7134 5 2334 5 23 4234-35 4255-55 255-34

SUNDAY71'% 71'% 5 23% 5 23 4234-34 4234-3-4 423-4-347134 71% 5 22% 5 22% 42 4234 42347134 71% 523 522% 427 4234, 4247154 71% 5 22h 5 22% 4234, 4234, 42347154 7134, 523 52254 4255 4254 42347155 71% 523 522% 4255 4234, 4234

SUNDAY7134 15 22 214 4215 42'% 423471% 52255 22 42% 4294+34, 42547134 5 22% 5 22 4254 42% 42%7134 5 2234 5 22 42% 4234 425472% 5 2155 5 2034 42% 4234 4235

71%713571%71%72%

Italian Greek Denm'k SwedenLire Dent's Kroner j Kroner

Bankers' B'k'rs'1 Bankers' Bankers'Sight Cables Checks Cheeks Checks

Mar.1._ 6 71% 6 7034'5 15512._ 6 7054 6 705415 15343870 6 6955,5 15544__ 6 69 6 6855.5 1554

6.- 6 69h 6 695415 15345--

7._ 6 7034 6 70 I5 15348._ 6 7034 6 70 5 15349._ 6 71 6 7034 5 153410.6705 15h11,O70 6 6955 5 153412_13._ 6 70% 6 70 515%14— 6 70 6 69% 5 15%15— 6 70 ,6 69% 5 15%16-- 6 70 ,6 69% 5 15%17-- 6 7055,6 70545 1554'18_ 6 7054 6 70% 5 1554,19_ _,20_ 6 70%,6 6934 5 15%21.. 6 703416 69545 15%22_ 6 69556 69 5 155423.670 6693.45 153424._ 6 70 6 69% 5 155425_ _ 6 70 6 69% 5 1526—,27_ _ 6 70 ,6 69545 155428._ 6 6934,6 09 5 mg29669546695153430_ 6 65 16 64% 5 153431__ 6 52 ,6 5154 5 15%

27 8027 8027 8027 80

28 1028 0028 0528 0528 0528 10

28 1528 4028 5028 5028 6528 60

28 6028 6028 6028 6028 6528 65

28 50288028 6028 7028 80

28 1028 1028 1028 10SUN

28 3028 2028 2528 2528 2528 30SUN

28 4528 6028 7028 7028 8528 80SUN

28 9028 9028 8028 8028 8528 85SUN

28 7028 8028 8028 9029 00

Norway ViennaKroner Kronen

RussianRubles

SpanishPasetas

Bankers'Sight

Bankers'Sight

Bankers'Sight

Bankers'Checks

28 1028 1028 1028 10DAY28 3028 2028 2328 2328 2328 28

12 9013 1013 1513 10-15

13 15-2012 9012 6012 5012 5012 50

31 553135315431%

31%315531343134315431%

19 0019 0219 0219 02

19 0219 02100419 04100419 06

DAY28 43 12 45-50 3154 19 0628 58 12 52 3134 19 1028 68 12 55 3134 19 1028 68 12 55 31% 19 1228 83 12 46 32 19 1528 78 12 42 31% 19 15

DAY28 87 12 40 31% 19 1228 87 12 40 3154 19 1228 78 12 43 31 70 19 1028 78 12 43 31 70 19 1028 83 12 43 31 70 19 1028 83 12 43 31 70 19 10

DAY28 67 12 39 31 50 19 1228 78 12 38 3135 19 1428 78 12 37 3155 19 2028 87 12 35-37 31% 19 2028 95 12 41 31 54 1020

And 3 days' s ght.

The stock market very naturally was decidedlyunsettled as a result of the events above narrated,and yet was at no time deeply disturbed. As amatter of fact, the market seemed to be more sensi-tive to reports of a possible sudden termination of

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

APR., 19 1 61 TRUST COMPANY RETURNS 19

the war, rumors to that effect being again rife, thanto influences of any other kind. One such rumorobtained wide credence on Saturday, March 18, itbeing then stated that Germany had actually madeovertures with a view to opening peace negotiations,and plausibility was given to the report by verycircumstantial statements that James W. Gerard,the United States Minister to Germany, had con-cluded to postpone his temporary departure forhome, in view of the likelihood that he mightbe called upon to take part in the peace nego-tiations. The result was that the stock marketon Monday, March 20, became decidedly weakand a decline of from 3 to 7 points in a substantiallist of shares dealt in on the Exchange ensued. Thedrop was heavy in all the munitions manufacturingstocks, with a sympathetic decline in the rest of thelist. The market, of course, promptly recoveredafter it became manifest that there was no early pros-pect of peace. Activity throughout the month waslargely confined to the war stocks, the fluctuations inwhich from day to day, and indeed from hour to hour,were wide. Some of them, too, made very substan-tial advances during the month, Crucible Steel com.,Amer. Loco. corn., Cuban-Amer. Sugar coin. and afew others of the same class being particularly note-

worthy in that respect. In the railway list the netchanges for the month have not as a rule been great.

VOLUME OF BUSINESS ON THE STOCK EXCHANGE.Month of March- 1916. 1915. 1914. 1913.Stock sales-Number of shares_ 15,197,58.5 7,862,308 5,8.55,260 7,229,732Par value *1,331,870,900 $681,471,315 3518,398,024 $639,404,500Bond sales(par value)-RR. & misc. bonds $56,696,500 $61,277,000 $56,974,000 $39,073,500Government bonds 308,200 135,500 69,500 25,500State bonds 24,633,500 1,802,000 3,438,000 1,335,500Total bond sales__ $81,638,200Jan. 1 to March 31-

Stock sales-Number of shares ares

:gi n,711Par value $3„7 .1

BolsaeTaral)l;l:80. bonds $224,311:503Gosernment bonds

70

State bonds 59,706,500

Total bond sales__ $285,017,700

$63,214,500 $60,481,500 $40,434,5C0

17,321,967 22,164,214 22,742,337$1,497,039,000 $1,956,132,287 $2,066,507,450

*158,333,000374,000

5,460,500

$202,505,500158,500

16,758,500

$164,167,500 $219,422,500

$137,612,500304,000

5,128,500

$143,045,000

In the money market there was no change fromthe previous condition of extreme ease.

RATES FOR MONEY IN NEW YORK. WEEKLY.Week Ending- Mar. 3.Mar. 10.Mar. 17 .Mar .:24.Mar :31.Call Loans- Wilk& 8118111Stock Exchange-Range for week_ 1H-2% 134-231 134-2 134-2 131-2

-Week's average__ 134 2 134 134 ., . 134Time Loans- 41,Sixty days 234-234 234-2H 234-3 234-3 234-231Ninety days 234-3 231 234-3 234-3 234-3Four months 3434 3 3-334 1 3 4:4/ 13X X XFlve months 3-3 3-3 3-3 i 3 ..e.Six months 3-3X 3-334 3-3X ' 3 P .3Commercial Paper- ' Will , IllDouble names-Choice 60 to 93 days 3-334 3-334 3-334 3-334 3-334Single names-Prime 4 to 6 months 3-334 3-334 3-334 3-334 3-334-Good 4 to 6 months__ _ 334 334 334 L334 ' 334

CONDITION OF THE TRUST COMPANIES OF NEW YORK STATE.We present below comparative statements showing the condition of the trust companies of New York

State at the date of the last call and of various previous calls since August 1907. We give separately 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. 31 1907. Jan. 11910. Jan. 2 1911. Dec. 21 1911 Dec. 26 1912 Dec. 9 1913. Dec. 24 1914 Dec. 31 1915.

Astor Bankers f

Mercantile f Manhattanf

Broadway b Flatbush b. Savoy b

Carnegie e Central Columbia d

Knickerbocker d_ Commercial kCommonw'h(clefunct)•Empire h Guardian h Windsor h

Equitable a Bowling Green a_......Madison a Trust Co. of Amer.a-

Farmers Loan & TrustFidelity Fulton Guaranty e

Fifth Avenue c Morton c Standard c

Hudson Lawyers' Title & T m Home to

Lincoln Metropolitan Mutual Alliance 1 New York Life Ins. &T.New York Title Guar. & Trust....Transatlantic g2,554.866Union Trust United States Mtg.& T United States Washington 5 .

Total 1 ..___ ..

8265.74523.861.60635.119.13110.975.9573.932.7493.104.4101.569,2877.923,242

42.137.5806.774,339

62.114.9923.376,981

5168.898.9404.185.25511.162.53617,381.12316.233.6298.101.350

64.124.99581.702.5133.028.4037.423.429

41.996,50417.532.79640.510.82812.884.2582,066,1758.524,0492,636,974

22.400.95823.747.7515.763.501

33,782,45033.517.36028.495.980

48.231.64430,982,56259.394.1599.798.340_

8.t03.74820.240.19423.277.2329.327.7412.340.8222.541.372909.024

6,528.51133,961,7984.700,103•.

2.948.580476

0.304.8463.315.2807.773.0319.715.77611.209.0365.623.758

20.705.63658,497.3003,016.2546.047.183

28.161.52710.413.91122.166.3657.691.6411.172.0755,511.0711.838,3736.483,06615,764.8373.651.793

24,680.91227.882.83521.574.526

44.189.76420.096.25847.302 9537.415.009

13195,03946,602.54256.109.55026.904,43f`4.281.4374.017.2151.836.544

12.665.75491.394.72812.145.66135.267.2755.308.155

47616.857.4064.677.8658.866,152

1 a49,930.2891

7453215.29.,074,839

115.793.6396,602.6327,871.43377 .832.18417,636,47833.863.40016.715.7323.447.49412.495.5022,107.01112.492,63726,817.06412.716,41737.795.78151.486,44026.355.280

61 .486.01041,002.03569.111.17610.162.558

, 064 053 258

$14.774,85962.013,87748.382,22419,051.2884,607.3363.875,1301.70,3888.355.940e

67.843,14813.800.56232.467,6484.473.784

56420,040.2413.638.9946.844.238

a35.044.790

a6 54009126,,881.

,367

116.368,5907.008.3437.723,527

}c124.815.857

16.583.839341613413,452.9142.452.32811.141.40124,971.9828.493.76335.550.81141,313,02824,224.805

53,527.94743.415.25258.735.10610.306,003

18163,1821(1137.493.148

21.093.1645,156.6304,157.049971.819

87.618.74216,640,920137.385,0644.344.738

48418.183.0472.683.1746.474.766

a40.348,700I

25,563.427132.631.2546.910.8348.102.911

4156.022.851

17.561.046335449316.184.7482.502,68411.367,72122.511.6908.502.472

34,128.84838.044,55028.900.222

52,993,22546,370.51463,097,3859,415,034

20222.597

1123.899.728

b 10.975.3590

e . 98.057.40454.631.890

14.083,721

45818,432.7552.316,7251h5.795.756

a67.668,627

105,147.2307,780.27.611.984

c168.416.452

3.657.53813,333.5392.739,01011.525,70019.490.4548,464.47131.989.38534.847,96923.917.415

55.899,53444.857.47249.787,4719,049,603

20167.490

1129.848.542

14.420.4830

583.432.01354.089.632

3.882.550458

22.359.031

a86.870,535

112,181.3007.641.8018.361.843

c149.456.212

3.556.973112,075.45712,695.9511

11,601,761117.094.37118,344.5321

32.582.070137.635.428128.921.79412.617.687155.25642840,459,470164,882.45119.702.666

$20,780,465

1142.530.409

16,258,479

8103.407.35362.248,505

3.133.900(k)

521.554,900

a75.477.703 ,a

115.273,3847.892.7937.709.128

c213.261.373

2.809.85611,235.25512,969,12211,511,87827,620,2408.944,351

37,360,06544,899.00526.908.9523,006,188

80.151.92649,940,54962,896.825

30,9s 83,895

1 269,330.479

b23,45,624

e 175,486.64688,054.662

3,649.303(k)

h31,577,378

136,564.688

159,347,47810.918.0498,494.587

c430.912,328

4,729,31618,746.348

f15,226,83557,190,274

1 36,859,07478.193.88634,558,2684,844,386

82,338.82879,920.70066,186,577

I 849,123,619 538.864 8741 977,572.641 1.078.720.8121.004.996,36J 985.843.0771.136.812.908 1.847.357.405Prior to March 21 1912 these totals do not include deposits of Flatbush Trust of Brooklyn, which was consolidated with Broadway Trust of 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. 0. Feb. 1915. Not reporting on account of suspension andnot included in total. a Bowling Green consolidated with Equitable Mar. 311909.On Jan. 9 1911 Madison was taken over by Equitable; Trust Co of America was consolidated with Equitable Feb. 26 1912. b Title of Savoy Trusschanged 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.Banking Department closed Carnegie Trust and assumed charge Jan. 7 1911. d Columbia and Knickerbocker consolidated June 5 1912. J Mercantileconsolidated with Bankers Aug 10 1911 Manhattan was also merged with Bankers March 25 1912. g Transatlantic began business May 22 1912..1 Windsor and Guardian absorbed by Empire in March 191'3 I Mutual Alliance took over assets of Reserve National Bank Feb. 1914. The MutualAlliance itself was taken over in Jan 1915 by the Chatham Phenix National and branch office business absorbed by Century Bank. 5 Washingtonebsorbed by Corn Exchange Jan 1914. k Dissolutioo ordered inns 23 1014. to Home of Brooklyn consolidated with Lawyers' Title & Trust Feb. 1915:when the word "Insurance • was eliminated from latter', title.

BOROUGH OFBROOKLYN- Aug. 22 1907.

eleooklyn e Long Island L. & T e

Franklin Hamilton Kings County Lafayette xManufacturers' h Nassau People'sWilliamsburg a

Total,

BORO. OF QUERNS-Queens County ..

Dec. 311907.

15163,6357.055,36810.929.9606.734.73112.346.3224.344.881 *1,592.3988,290 ,22814,946,7028.206.66:3 •

$11,628.3116.489.3557.579.0365.490.95210.120.685

1,035,7925.329,61413,651.462

95.552.272

1.934.491

65.504.952

1.482,818

Jan. 11910. Jan. 2 1911. Dec. 21 1911.Dec. 28 1912. Dec. 9 1913. Dec. 24 1914.Dec. 81 1915$

16.545.8979.008.88311.832.2356,732.83515,065.023• 1,538,6426.374.01017,820,6881.750.798

8$18.071,2718.841.61012.103,7627.321,30815.256.377

• 1.439,8775.660.37119.220.883a169.857

19162.0418.195.02611,261,0786.670.51316.142.302• 1.805.3195.586.81318,846,340

a

16,767,50017,400.73119.274.4686.643.93115.309.880

* 6.325.6736,035.82919.110.710

a

$823.456.096

9,290.2777,137,48515.936.860• 5,896,4165.831.8781 19.037,583

a

ie30.010.662

14,352.6077,397,55017,951,669

511.531.161

19.038.736a

$e38.632.683

22,094.8728,537.74221,706.051

• _-__,-_-011,058,7901 22.186,818

a 92.793.237

1,571.945

94.421,774

1.742.066

94,829.165

1.668.825

89.607.732

1.874.877

89.282.546

1.919.001

102.251.507

2.016.78.

125,116,958

2.272.664Prior to March 21 1912 totals include deposits of Flatbush Trust of Brooklyn. which was absorbed by Broadway Trust of N. Y. City, March 61912, and now appears above under the Borough of Manhattan. Prior to Mar. 19 1915 totals include Home Trust of Brooklyn. consolidated with Law-yers' Title & Trust of N. Y. 0. Feb. 1915. Not reporting on account or 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 ItrooklyaTrust March 1913 Nassau Trust merged In Mechanics' Bank July 1914. h Citizens' took over business of Manufacturers' National Dec. 1914, andlater changed name to Manufacturers' Trust.

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

20 TRUST COMPANY RETURNS. [VOL. 102.

TRUST COMPANIES IN THE GREATER NEW YORK.

LIABILITIES. Aug. 22 1907.Dec. 311007.Jan. 1 1910. Jan. 2 1911.Dec. 21 1911.Dec. 9 1913.Dec. 24 1914.Dec. 31 1915.

Dapital Iurplus and profits, market value..3urplus and profits, book value Unpaid divs., res'ves for tax , int., &c.I Pref. Deposits-Due State say banks.Due State say. & loan associations_Trust 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 of

State of New York Other deposits preferred because ofpledge of part of trust co. assets_

Deposits preferred because securedby unmatured bonds of the State

Deposits otherwise preferred Due depositors (not preferred) )erts. of dep. on time & dem. (not pf.)rime deposits not payable within 30days. represented by ctfs. (not pf.)

Due trust companies Due banks and bankers

Total of all deposits

Ills payable or borrowed money'referred liability as executor, &c__.._Lcceptances of drafts payable at a,future date or authorized by com-mercial letters of credit

Mier liabilities

Grand total

RESOURCES.ionds and mortgages riortgages owned 4oans secured by bond and mortgage,deed or other real estate collateral

Itock and bond investments Public securities Private securities

.oaned on collaterals aoans, not secured by collateral Illls purchased, not sec. by collateral )ther loans and bills purchased fverdrafts teal estate )ue from appr. res. depos., less offsets)ue from trust cos., banks and bank-ers, not included in preceding itemspeels .8. legal-tenders and bank notes 'ederal Reserve notes Ills and checks for the next day'sexchange and other cash items lustomers' liability on acceptancesnvestments held as executor. &c Ither assets

Grand total

$60,636,600

167,982,441

35,126,258296,135

38.079,532

886,500

996,616688.604.953100,352.199

41,527,25040,738.939

$58,251.560

144.600,599

26,074.330200.155

40.296.845

2,609.430

2,388,755444,817,66348,054.808

22,234,36018.976,184

$63,675,000168,597.714

37,683,778468,567

36,871.355

29,009,253

4.934,470

3,880,44!7.345,07

774,061,98978,596,293

105,681,4851 80,786,598J

$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

$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

875.781.332

76.613,069

$67.300,000151.279.294

51.262,328208,195

46,855,9454,247,182

1,543,258

5,776.570

1 1.065.093J

1.032.287.860

97.834,69!

$65,550,000163,828,069

63,890,441246,195

121,26545282,093,000

105,848

5,243,354

6,090,645

1,548,732,006

223,500,839

946.608,382 605,652.530 1,159,319.311 1,065,380.457 1,175.218.705 1.077.044.549 1.241.081.130 1,94PV.74N856

2.578.790

27,241,967

751.265

59.789,589

980,140

49,800,511

1.442,372,676

1.372,360

34,609.985

57,916

50,789,246

50.000

54.038.055

165.000

23.344.68e'*34,063,971

48 940,09324769,804

1,205.048,180 869,045 543 1.341.773.413 1.467.109.132 1.365.560,157 1.517.234,085 2.277,834,822

75,682.997

269,699.998

582.826,452

86,770,861165,652

14,950.84183,582.056

23,698,30249,179,0205,095,751

604,977

2,578,79010,212.483

68.532,010

43,471.463 166,358,136

365,723,2919,772,982

41,991,223

121,95413,296.28678.992.219

12,523,08235,844,8185,327,384

1,027,537

751.26525.311,893

68.871.110

60,048,703245,695,838660,489,153

5,203.72882.131.718

95,73822.633.28289,495,686

44,720.953121,362,59613,666,256

1,455,318

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

184,61831.041.386102,107,260

49.740,731118.460,58011,917,388

19,173.682

45.477,234

69,742.802

10,312,133

71,620,332252,139.416463,871.728

J 154,656,620

142,71836.869.622

123,850,9421

105.126.6769,940.221

14,813.970

52.472.977

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

63,083,257

8,086,892ua..4153MO, 3238216. 355

216,266,211

.,V6.43838.1'52,711

352,335,286

133,701,8399,303.7381,020,155

64,753,89648,980,285

55.907,283

1 .205 048 1Ro SRO (laic md2 1 449 279 (1711 1 RAI 772 d12 1 4i:17 100 122 1.365.560.157 1.517.234.0115 2.277.324 329

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 $917.957 of rediscounts.

TRUST COMPANIES FOR WHOLE STATE OF NEW YORK.

LIABILITIES.

Capital Surplus and profits, market value_Surplus and profits, book value_ _Unpd. divs., res. for taxes, int.. &cProf. deposits-Due State say. bankDue State say. & loan associationsTrust deposits not payable withi30 days

Due as exec't, admin., guard., rceiver, trustee, committee, &c_

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

State of New York Other deposits pref'd because o

pledge of part of trust co. assetsDeposits pref'd because secured bunmatured bonds of the State_

Deposits otherwise preferred Deposits subject to check (not pref.)CM. of dep., time&dem'd (nor pref.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 money__,Pref.liability as executor, &c Re-discounts Acceptances of drafts payable atfuture date or authorizd by com-mercial letters of credit

Other liabilities Add for cents

Grand total

RESOURCES.Bonds and mortgages Mortgages owned Loans secured by bond and mortgagedeed 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 other coil.Other loans, including bills purchasedOverdrafts Real estate Due from approved reserve deposi-

tories, less offsets Due from trust co's, banks & bankersnot included in preceding item

'Specie U. S. legal tenders and bank notes Federal reserve notes Rills and checks for next day's ex-changes and other cash items

Investments as executor, &c Customers' liability on acceptancesOther assets Add for cents

Aug. 22 1907. Dec. 31 1907. Jan. 1 1910. Jan. 2 1911. Dec. 211911. Dec. 9 1913. Dec. 24 1914.Dec. 31 1915

681$61.600 66,276,560

$71,400,000

$73.431,000

$71,481.000 78150,000

$80,400.000

$79,600,00C

151,339.110 178.979,744 184.025.130 188,676.616 174,941,802 162,552,043 176,744,861

. 176.944.7353.164,976 1.657,514 1,942,583

; 37.467.239 28,340.454 40.759.951 43.827,892 43,632,147 50.987.337 56,105,624 70,422,931

. 414.423 306,316 600.479 758.969 530.800 553.473 379,660 437.852

I••

38,059.940 25.598,439 33.376.931 22.822.960

41,773,538 43.641,702 30.913.481 36,844,508 43,750,219 36,888.452 50.337,961 127,855,7279.197.280 7.849,731

1,997.139 1.474,284

. 1.276,500 2.879.716 5.187.066 2.422.372 7.331.136 5.130,251 7,671,015 7,127,189

'5.122.449 6,963,259 9,666,599 17,630,710 1

1.098,788 2,770.685 7,356,349 2.832.612 1.195,183 2.242.240 J 1.106,852 6,269,379

. 812,011.853 555,397,056 899,090,7131 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

1I 106,493,173• 43,610.680 23,002,116 84,038,00 84,389.877 93.119.468 79.595,833 101.054.111 227,551,618

• 42,077.022 20,667.605

. 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

1.100,140 1.382.360 70.916 50,000 885,316 369,000

2.987,034 904,843 1.022,957 36,972

623.542,185 49,881,027

27.708.303 61.948.915 50.624.063 35.067.726 52,179.544 55.980,217 35.164.912 25,683,77240 42 42 42 42 41 40 43

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

87.962,350 80.759.054 83,660,067 87,341.640 93,997,526

•93.032.052 94,302.302 90,227,621

14,443,270 13.860.654 14,111,208

326.497.21050,966,201 69,268,783 67,309.082 84,649,720 82,661,760 96,258,534 152.415,058

208,860,012 296,958,325 303,382,679 349.426.882 313,875,811 340,511,568 399,358,674

627.514,698 405,844.757 696.601,870 547.767,677 558,917,170 506,365,342 562,879.332 873,687,227

15,032,322 8,160,799 11,671,358 15,286,071 154.051.230 102,402,940 125.914.655 145,525.075 I 188.956,827 208.217.787 254,895,957

108,122,742204,270 137,844 108,040 159,415 197,176 157,509 142,360 240,574

17.706,522 16,066,494 25.518.600 29.361,282 34.319,128 40.932,080 42,245.370 42,876,395

95,144.026 89.175.391 99.766.067 100.382,483 116,092,212

27,117,410 15,120,176 48,863,157 54.503,832 52,217,385140,205,606

I187.730,417 377,764,170

52,413.706 39,324,130 124.161,053 115,989,335 121.785,647 108.587,054 90,874,350 137,583,660

6,893,690 8.506,218 18,167,454 16.990,981 17,036,783 15,697,213 16,123.335 13,917,5731,261,416

909,983 2.013,398 3,052.804 2.951.007 19,854.114 15.441,540 16.116.106 66,823,938

2,987.034 904,843 23,542.185 50,007,219

10.492.462 25.985,818 27,513,726 51.728.182 47.030,730 54.300302 47.799.007 57.722.053

40 42 42 42 42 41 40 43

1.263.966.143 1.012.747.030 1.604.203.727 1.515.453.650 1.858.335.681 1.574.656.207 1.740.598.437 2.532.892.786Grand total Nots.-Schedules have been changed several times since the date first ;lamed In

the above comparison. We show for each date the exactdesigna-

•ion 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 EXCHANGE• MONTHLY AND YEARLY RECORD

The following tables furnish a complete record of the New York Stook Exchange transactions for the past month and

the year 1916. 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 official

list. 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 Stook Exchange in 1909, all quotations for interest-paying

bonds 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.

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

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

BONDS Int.Per-

N Y STOCK EXCHANGE iod.

U S Gov & City SecuritiesS 2s cons reg April 1930 Q- J

U S 2s cons coup April 1930 Q - JU S 38 reg 10-20s____Aug 1918 Q - FU S 3$ coup 10-20s_Aug 1918 Q - FS 4s registered 1925 Q -S 4s coupon 1925 Q -

Pan Can 10-30-yr 2s_Aug 1936 Q - FPanama Canal 38 1961 Q -MNew York City-434s 1960 M- S4s Corporate stock _1964 M- S4 s Corporate stock 1965 J - D4 s Corporate stock__ 1963 M-4 0 Corporate stock 1959 M-N4 Corporate stock_ 1958 M-N4 Corporate stock___ _1957 NI- N4% Corporate stock 1956 M- NNew 4s 1957 M- NNew 4 s 1917 M- N4Corporate stock_ _1957 M-N4 assessment bonds_1917 M-N3% Corporate stock_..1954 M-N

New York State-4s 1961 M- SHighway Impt 410 1963 M- SHighway Impt 410 1965 M- SCanal Improvement 4s- -1961 J - JCanal Improvement 4s 1962 J - JCanal Improvement 45 1960 J -Canal Improve't 414s_ _1064 J - JCanal Improve't 430__ _1965 J - JCanal Improve't 4340-1945 J - J

Foreign Gov't SecuritiesAnglo-French 5-year 55 Argentine-Internal 55 of 1909 M- SImperial Chinese Govt-Hukuang Ry sterling 5s.1951 J -D

Rep of Cuba 5s ext debt_ _1904 M- S58 ext debt ser A of 1914 1949 P - A4%s external loan 1040 - A

Dominion of Canada g 5s w i '21 A -Do do 1926 A -Do do 1931 A - 0

Imp Japanese Gov-£ 430 1925 F -A2d series 4148 1925 .1 - Jdo German stamp

Sterling loan 45 1931 J - JU S of Mexico external gold

loan of 1899 sinking fund 5s Q - J45 gold debt of 1904_....-1954 J -D

Prov of Alberta deben 4140 1924 13 - ATokyo City loan of 1912 55---- M- S

Railroad Bonds

Alabama Cent. See South Rylabama Mid. See Atl CoastL

Albany & Susq. See Del & HudAllegh & West. See Buff R PAm Dock & Imp. See CentofN JAnn Arbor 1st g 1995 Q -Atch Top & S F-Gen g 48_1995 A- 0Registered1995 A - 0Adjustment g 4s___July 1995 Nov

Registered July 1995 NovStamped July 1995 If -N

50-year cony gold 45-..1955 J -DCony 4s issue of 1909-1955 J -DCony 40 issue of 1910.-1960 J -D10-year gold 5a 1917 J -DEast Okla Div 1st g 4s....1928 M-Rocky Mt div 1st 4s A....1965 J - jShort Line 1st 4s gold 1958,T -Cal-Ariz 1st & ref 434s_ _1962 m-S Fe Pres & Phe 1st g 58_1942 M- S

Atlan Knoxv & No. See L & NAtl Coast L 1st g 45_ _July 1952 M-General unified 430-1964 J - DAla Mid 1st guar g M- NBrims & W 1st gu g 4s 1938 J - JCharls & Say 1st g 78-1936 J - JL & N collat gold 4s_Oct 1952 M-NSay Fla & W 1st g 60-1934 A -0

1st gold 5s 1934 A - 0Silv Spgs 0 & G gu g 48_1918 J - J

Atian & Danv. See Soutlen RyAustin & N W. See So PacificDalt & 0-Pr lien g 3%8_1925 J - J17.0 Registered Q -Gold 4s July 1948 A - 0

Registered 20-year convert 414s___1933 A: 13Refund & gen 5s ser A__1995 J - DPittsb Junc 1st g Os__ ..1922 J - JPitts Jet (7z M D 1st g 33is '25 M- NPLE&WVaSys ref g 4s__1941 M- NS W Div 1st gold 330_1925 J - JCO Reorg 1st con g 430 1930 M- SClev Lor &W con 1st g 5s '33 A -

Sales inMarch1916.

Price about I PRICES IN MARC!!.Jan. 31916. March 1. I March 31. Lowest.

224,00013,0001,0004,000

12,000220,000121,000133,00049,000312,00094,000106,000

132,000

112,0001,000,

20,000'101,0008,0001,0001,000

25,000

18833,00063,000

98,00033,00043,00027,000

350,000449,000795,000128,00048,000

690,00021,000

293,000

. 47,000693,000

3,00017,000

161,000,26,000

117,000,56,000,1,000,4,000,

91,00027,000

112,000,84,000'

2,0001 1

80,0003,000;

1

521,000

329,000

1,285,000498,000

Bid. Ask.99% 99 101%

110 110%110 98 101101 Sale1005 101%106 Sale105% Sale97% 98%98 Sale97% 983/osg 973105 106100 101105% 106100 10187 88102 Sale110 113105'

102%

Highest.

Bid. Ask.IBid. Ask.1 Sale Prices Sale Prices99% 1 99% 99% •1 99% 10251 Sale ,1023% 1023% 10214 Mar. 7 mg Mar. 11027% 102% 102% Sale 11025' Mar. 10 1027% Mar. 311103% 1110 1117% Mar. 2 1113 Mar. 211151 11231 11114 11134 Mar. 2 1127% Mar. 2199 99 1 1027% 1021.4 ;1037% Mar. 3 10351 Mar. 10102 Sale 1021% Sale ,1015% Mar. 6 103 Mar. 27102 1023% 10234 1027% 102 Mar. 2 102% Mar. 29107 Sale 10734 Sale 1067% Mar. 3 1077% Mar. 28107 Sale 1061% 10734 1067% Mar. 3 1071% Mar. 2898% Sale 99 9978 985% Mar. 3 100 Mar. 30987% 983% 9931 99 Mar. 6 997% Mar. 23977% Sale 997% 997% 9734 Mar. 1 1001% Mar. 2598 98% 100 10634 10634 10634 10731 1067% Mar. 9 10734 Mar. 28.100 102 100 10114 1067% 10634 107 Sale 1063% Mar. 10 1073% Mar. 2810034 10151 10034 101 1007% Mar729 1007% Mar. 298854 89 8934 90 8814 Mar. 11 887% Mar. 11104y Sale 105 1045% Mar. 1 105 Mar. 21147% 115 1147% Sale 11484 Mar. 30 115 Mar. 2210551 107 Mar. 7 107 Mar. 7 104 10534 Mar. 23 10534 Mar. 23

111% 113101 107%10534 106

94% Sale93 93%

74%97% Sale91% 96%83 85

11434 115

10514

93% Sale 89%

'76 Sale100 Sale95% Sale83% 86

82 82%78 Sale745 Sale 64

60 79 85

86 Sale84 76 Sale.58 65

40 59%

77 78

65 65%94% Sale91 93863 87% 8787% Sale107 107%

78% Sale

105%11434 115 11434 Mar. 28,1143-4 Mar. 28

95% Sale91% 92

74% 75%100% Sale96 96%86 9934 Sale9714 Sale961%, Sale86 Sale85 Sale77% Sale69% 70

56 85

77% Sale

627% 65 63 637%0434 Sale 9414 Sale93% 93% 88 86% 87 86 86877% Sale 867% 877%1037% 1047% 103 104

107 107%101% Sale95 84 8789% Sale98% Sale102

93915106931298711910799

Sale92%

135Sale

93% Sale

103 Sale101% Sale95% 86 8890% 91 98102% 105

91% Sale92 Sale106 943 133% 86% Sale122 108% 99

93 Sale

91% Sale88 8997% Sale

91% Sale 91%96% Sale

91 91%88% Sale92 Sale

105 91% 92%887% Sale91% Sale100 107%

1033 Sale•101 Sale96 86 8890 9197% Sale103% 105

92% Sale 913/1077% 107

%

132% 86 Sale120 Sale108% 99

93 Sale92% 91% Sale 9096% Sale100% Sale105 91% 92%88 Sale91% Sale100% 107% Sale

RANGE SINCE JAN. 1.

Lowest. Highest.

Sale Prices. Sale Prices.997% Jan. 19 997% Jan. 19

1027% Mar. 71027% Mar. 101093% Jan. 101107% Jan. 14

1023 Mar. 11027 Mar. 31111 Mar. 21127% Mar. 21

1017% Jan. 4 1033% Mar. 10101 Jan. 7 103 Mar. 27101 Jan. 7 1027% Mar. 291067% Jan. 3,108 Feb. 171057% Jan. 31107% Feb. 16977-4 Jan. 7 100 Mar. 3098 Jan. 3 9974 Mar. 23977% Mar. 1 1007% Mar. 25977% Jan. 14 9751 Jan. 141057% Jan. 6 1077% Feb. 18

106 Jan. 4 1077% Feb. 41007% Mar. 29 1007% Mar. 2988% Jan. 25 887% Feb. 111027% Jan. 3 1055% Feb. 1711234 Jan. 8 115 Feb. 18107 Mar. 7 107 Mar. 7102 Jan. 14 losg Mar. 23wog Jan. 14 1027% Jan. 141027% Jan. 25 1027% Jan. 25113 Jan. 4 115 Feb. 191061% Jan. 25,1.07% Jan. 21

933-4 Mar. 1 953% Mar. 31 9354 Mar. 1 96 Jan. 8893% Mar. 3 917% Mar. 27, 893% Mar. 3 9534 Jan. 21

74 Mar. 28 783% Mar. 10 1 69 Jan. 281 7814 Mar. 10100 Mar. 110034 Mar. 15 0634 Jan. 20 10034 Mar. 159534 Mar. l 9614 Mar. 31 8943,4 Feb. 26: 967% Mar. 384 Mar. 6 87 Mar. 29 817% Feb. 41 87 Mar. 299914 Mar. 30 995% Mar. 30 9914 Mar. 30i 995% Mar. 30

9734 Mar. 30, 973% Mar. 30 977% Mar. 301 973% Mar. 30967% Mar. 30, 97 Mar. 30 967% Mar. 301 97 Mar. 3085 Mar. 25i 867% Mar. 23 '3234 Jan. 7 8614 Mar. 2384 Mar. 30, 857% Mar. 17 787% Jan. 3 85% Mar. 1775% Mar. 11 7734 Mar. 30 73 Jan. 201 777% Feb 1963 Mar. 6 70 Mar. 17 63 Mar. 6 70 Mar. 17

50 Feb. 3 60 Feb. 14

777% Mar. 31f 787% Mar. 25

63 Mar. 3 64% Mar. 69374 Mar. 28 94% Mar. 2935% Mar. 14 937% Mar. 14863.4 Mar. 27 8734 Mar. 9

867% Mar. 25 877% Mar. 9103 Mar. 2 104 Mar. 15

103 Mar. 1101 Mar. 2796 Mar. 298634 Mar. 21897% Mar. 29977% Mar. 16

91% Mar. 191% Mar. 8

94% Mar. 2

86 Mar. 30120 Mar. 31

9231 Mar. 30

913( Mar. 31

74 Jan. 14 80 Feb. 1

63 Mar. 3 66 Jan. 259334 Mar. 28 957% Feb. 1193 Jan. 4 937% Mar. 14865% Mar. 27 88 Feb. 4845-4 Jan. 10 867% Jan. 198634 Mar. 25 8814 Jan. 27103 Mar. 2 10714 Jan. 6

104 Mar. 71017% Mar. 1896 Mar. 29863-4 Mar. 2191 Mar. 1098 Mar. 29

103 Mar. 110734 Jan. 4101 Mar. 27 1013 Jan. 1396 Jan. 17 96 Jan. 2686 Jan. 7 883% Jan. 31897% Jan. 3 9154 Feb. 99754 Mar. 16 99 Jan. 3

93 Mar. 259214 Mar. 2

94% Mar. 2

917% Feb. 25915% Jan. 1110634 Jan. 109334 Feb. 17

87 Mar. It)12054 Mar. 15

9434 Jan. 20923% Feb. 181077% Feb. 2195 Jan. 11

86 Mar. 30 877% Jan. 3120 Mar. 31 8122 Jan. 8

937% Mar. 15

9134 Mar. 29

9634 Mar. 30 97 Mar. 1wog Mar. 301017% Mar. 13

99% Feb. 2

9234 Mar. 309234 Feb. 169114 Mar. 318914 Jan. 199634 Mar. 301007% Mar. 30

91 Jan. 488 Mar. 21913-4 Feb. 28

9934 Feb. 2

931% Mar. 16921 Feb. 1692 Jan. 491 Jan. 4985 Jan. 1810134 Mar. 13

917% Jan. 1490 Jan. 109214 Jan. 20

181,000172,000

1,000

88 Mar. 2191% Mar. 1

8934 Mar. 10917% Mar. 11

107% Mar. 31 107% Mar. 31 10731 Feb. 24 10734 Feb. 21

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

22 BONDS-STOCK EXCHANGE RECORD. [VoL. 102

BONDSN V STOCK EXCHANGE

Isl.Per-iod.

Sales inMarch1916.

Price about IJan. 3 1,1916.

PRICES IN MARCH. RANGE SINCE JAN. 1.

March 1. March 31.

Baltimore & Ohio-(Continued)Mon R 1st guar gold 55_1919 F - AOhio Riv RR 1st g 5s.....1936 J -D

General gold Os 1937 A - 0Pitts Clev & To! 1st g 68_1922 A - 0Pittsb & West 1st g 45_1917 - JStang Ry 1st gu g 4%5_1943 -D

Beech Creek. SeeNYC&IIRBellev & Carond. Bee Ill CentBolivia ay 1st Os 1927 J - JBruns & West. See At! Coast LBuffalo N Y & Erie. Bee ErieBuff R & P gen, g, M- SConed 44s 1957 M-NAllegh & est,Ist g, gu 4s '91 A -0Cl & Mah 1st gu g, 55_1943 J - .1Roch & Pittsb 1st g, 65_1921 P - AConsul, let g, Os 1922.1 - D

Burl C R & No. SeeCR1&Pac

Can Sou con gu A 5s 1962 A - 0 17,000Registered 1962 A - 0

Carb & Shawn. See III CentralCarolina Cent. See Seab Air LCarolinaClinch&Ohlo 1st 581938.1 - DCarthage & Ad. SeeNYC&HCedRIaF&N. Se•BCR& NCentral Branch. See Mo PacificCentral Ohio. See Bait & OhioCent of Gar-1st g, bs_Nov 1945 F - A 9,00)

Consol, gold, bs 1945 M- N 18,000Registered 1945 M- N

Chat Div pur money , g, 45 '51 J- DMack Nor Div, let, g, 58 '46 J - JMid Ga & All Div 55_1947 J - JMobile Div, 1st, g, 5a. A946 J - J

Cen RR&B of Ga-Col g be, '37 81-NCentral of N J-Gen g, 56_1987 -

Reglatered____. July 1987 Q -Am Dock&Imp Co gu 56,1921 I - JLeh & H R gen gu, 9, 55_1920 J - JNY & L Br, gen, g, 45_1941 M-

Central Pacific. See So Pac CoCent Ver 1st, gu, g, 45, May1920 Q - FMee & 0--Fund & Imp 56_1928 -

1st cons, gold. 58 1939 M -Registered 1939 M- N

General, gold, 43'$s 199281- S 185,000Registered 1992 M-

Convertible 4%5 1930 F - A 691,000-DBig Sandy, lst, 4e 44./

Coal Riv Ry 1st, gu. 48.119945 J -D

Craig Valley, let, g, 55..1940 J -Potts Creek Br let 45_1948 .1 -& A Div, 1st con g. 45 1989J -2d con gold, 45_ 19891

Warm Spr Val, 1st g, 815_1941 re•Greenbr Ry let gu, g, 45,1940 M- N

Chic & Alt RR-Ref g 38.- 1949 A -0Railway, 181 lien, g, 3%. 1950 1 -

Chic Burl & Q-Deny D 45, '22 R - AIllinois Division, 3%5__ .1949J -.

Registered 1949 -Illinola Division, 4s 1949 J - J 39,000

Registered 1949 J -Iowa Div sink fund, bs....1919 A - 0

Sinking fund 45 1919 A - 0Nebraska Eaten, 45_ ..1927 M - N

Southwestern Div 48 . 119271Registered

45, joint bonds. See Grt NorGeneral 4s 1958 M- S 136,000

Chic & E Ill-Ref & impt g 4s '55 J -Trust Co ctfs of deposit

_ _11993 M347 A N CIGeneral cons, let, Os1st cons, gold, 6s

Registered 1937 M- NU S M & Tr Co ctfs dep

do do stamped.. Guar Tr Co ctf of dep

Pin money let coal 5&. 1942 P - ACh & Ind Coal Ry 1st be 1936 -1 -

Chic Gt West-1st 50-yr 451959 M- S-J

1 - J1 -JJ - JJ - J 5,000• -D 2,000

J - J 127,000Q- JA - 127,065

495,000

-44,000

J J J - J 79,000J - J 85,000J -D 502,000• - J J - J 4,000J - J 67,000• - J 116,000J - J 1,000J -JJ -JJ -J

J -DJ -D

P - AF - AM- N- FM- NM- NM-NA - 0A - 0A -A - 0A - 0A -M-NM-NM-A - 0J - JJ - J

1,000

Bid.101104100

Ask,

98 9991%

Bid. Ask.101% 106% 104% 105% 99% 91%

3,000

2,000

10710191106107109

102%

103% Sale

2,000

109 109%102% 92% 104 107%, 110% 110%

103 104%

95

107% 100% 101%

94 94%

107% 100% Sale

41,0004,00012,000

22,0007,00018,000

83 84101 100 101 2 90 95%116% Sale114,/ 115%103 Sale100 99 100

2,000

80 83 99 106 10591% Sale

868283

Sale85

97 100

7,000

83 102% 101 % 102% 87% 96%116% 118117% 117%103% 104102 98 100

Bid.101%106%1043410699%

80 82% 97105% 106%103 92 Sale89% 9187% Sale 8583 8496% 98%

84 8682 Sale

20,00046,0002,000

142,000

80 56 59%45 Sale99 85A Sale

3,00084,000

85% 86% 83968158% Sale44% Sale99% 85 Sale

96 94% Sale

102% Sale9934 Sale97 97%

102% 99% 99%97% 98

Chic Ind & Lou-Ref, g, 651947Refunding, gold, 55____1947Refunding 48, Series C__1947Ind & Louisv 1st gu 45_1956

Chic Ind & Sou-50-yr 45_1956Chic L S & East-tat 4%8-1•969Chic Milw & St Paul-Gen, g, 4s, Ser A__May 1989

Registered May 1989Gen & ref series A 43%s__2014' Gen ref cony ser 55 ___2014Gen g, 33%5, Ser B_May 1989

Registered May 1989General 43%s, Ser C May 198925-year debenture 4s___1934Convertible 43%5 1932Ch & L Sup Div, g, 55_1921Ch & Mo Riv Div, 50„..1926Ch & P W, let, g, bs 1921C M & Puget S 1st gen 48 '49Dubuque Div 1st s f 65_1920Fargo & So, assu_, g,68..10241st La Crosse & 101, Os.. _ _1919Wise & Minn Div, g, 58.1921Ms Val Div 1st s f 1920Mil& Nor 1st ext 4%5..1934Cons ex 43%5 1934

Chicago & North Western-Extension 413 1886-1926

Registered 1886-1926General, gold, nis 1987

Registered Nov 1987General 45 1987Stamped 1987

General Os stamped __ _ _1987. Sinking fund 6s...1879-1929

Registered 1879-1929Sinking fund 55_1879-1929

Registered 1879-1929Debenture Os 1921

Registered 1921Sinking fund deb 68._ 1933

Registered 1933Dee Pines Val 1st gu 4%51947Frem Elk & Mo V 1st 65_1933Man GB&NIV 1st gu 33%s '41Mllw & S L 1st gu 3%5..1941

2,000

12,0001,000

99

92% Sale25% 2719 26104% 104%79 81% 82

16

99%

2320

8282

97,000 74 Sale 111% 113 95

2,0001,000

518895

92% Sale--

Ask.

109% 102% 92% 104 107% 107%110% 110%

104% Sale

93%25%25104%79%7981%75%80%

92

107%

94%

100%101

836 10334 101% 103% 90 96%117% Sale117% 103% 104

98 100

Lowest.

Sale Prices.

1053% Mar. 11

1093% Mar. 6

923% Mar. 16

103 Mar. 6

933/2 Mar. 15

10734 Mar. 810034 Mar. 4

11734 Mar. 21173 Mar. 470358 Mar. 7

Highest.

80 8434 80 Mar. 896 97 96 Mar. 211053% 107 1053% Mar. 10103 923% Sale 913% Mar. 15 91 86 863% 8534 Mar. 2478% 83% 8334 83 Mar. 2496% 98

8534 88 853% Mar. 2 83 96% 86 59 593444 4499% 85% 8685 943% 95%

102% 99% 99%98% Sale96% 99%

93% 93%23% 2520% 23%104% 105% 78%76 7976 79 79 80%

15 21 15 217134 72 723% Sale1113% 114 112 113100 1013% 973% 1013481 81 70 70 9056 9154 903% 91%973% 973% Sale

913% 92 Sale

94 Sale108% Sale8134 Sale

62,000

102% Sale92% Sale10334 Sale103 105 103 10490y

91%10734 110 102% 103% 103%107 100% 100%

95 94

94% 94%106% Sale 80% 80102% 10492 92%100% 101%log 104105% 103% Sale91 91%106% 107%111 1025 103% 104106% 107%101 101

96%

83% 83%

69,0003,000

26,000

95 Sale96 Sale114% Sale110

82

9436 9594 94%115% 116%112

1,000 104%

4,000

0,000

103 194%103% 108104% 105

104% 103% 103 104%

104% 104% 104

94 Sale106% Sale80 81 79%103 Sale91% 92%100% Sale103% 106 103% 91 Sale106% 111% 102% 102%103% 106% 107%102 101%

97% 97 81% Sale 823494% Sale 94%116 116%112 111 104% 103% 103% 103%

104% 105%

58% Mar. 144 Mar. 2499% Mar. 285 Mar. • 1

Sale Prices.

Lowest. Highest.

Bale Prices.

10534 Mar. 11

Bale Prices.

1053% Mar. 11,1053% Mar. 11

9954 Feb. 28 9954 Feb. 28

110 Mar. 23

923% Mar. 16

10434 Mar. 30

107% Jan. 7 110 Mar. 23102 Jan. 17 103 Feb. 25923% Mar. 16 923% Mar. 1610354 Feb. 10 10334 Feb. 1010734 Feb. 9 10834 Feb. 161073% Feb. 2411034 Feb. 23

103 Mar. 6 1043% Mar. 30

9334 Mar. 15

108 Mar. 2110034 Mar. 1

9334 Mar. 15

10754 Jan. 710034 Jan, 6

8334 Jan. 27

118 Mar. 311734 Mar. 101033% Mar. 30

9354 Mar. 15

108 Feb. 29102 Feb. 5

8334 Jan. 27

10234 Jan. 27 10234 Jan. 2795 Jan. 14 97 Jan. 19116 Jan. 3l1834Jan. 28ing Jan. 611734 Feb. 291035( Jan. 3 10334 Mar. 30

83 Mar. 3097 Mar. 241053% Mar. 30,

923% Mar. 251

8834 Mar. 17

83 Mar. 24

80 Mar. 8 83 Jan. 1096 Jan. 26 98 Jan. 610554 Jan. 11 1073% Feb. 10

91 Jan. 390% Feb. 4853% Mar. 2485 Feb. 1683 Mar. 249634 Feb. 18

8534 Mar. 10 84% Jan. 482 Jan. 3

9334 Jan. 2891 Jan. 2489 Jan. 1985 Feb. 168434 Feb. 109634 Feb. 18

85. 83

Feb. 11Feb. 24

59 Mar. 1344% Mar. 199% Mar. 285% Mar. 9

57 Jan. 043 Feb. 199 Jan. 2685 Mar. 1

943% Mar. 1 953% Mar. 24

99% Mar. 998 Mar. 2

943,4 Feb. 29

99% Mar. 99834 Mar. 20

10256 Jan. 3993 Jan. 12973 Jan. 496 Jan. 11

92% Mar. 6 933,4 Mar. 424 Mar. 4 24 Mar. 4

1034 Mar. 15 10474 Mar. 2879 Mar. 7 79 Mar. 7

92% Jan. 424 Mar. 420 Jan. 18104 Mar. 1579 Mar. 7

77 Jan. 17793,4 Jan. 208034 Jan. 20

713% Mar. 10 7334 Mar. 18

90 Mar. 169734 Mar. 31

91% Mar. 4

93 Mar. 291063% Mar. 280% Mar. 2

10236 Mar. 2992 Mar. 31003% Mar. 30

1053% Mar. 201033% Mar. 1091 Mar. 2107 Mar. 29

10394 Mar. 8107 Mar. 27

81% Mar. 4

94 Mar. 299334 Mar. 15116 Mar. 9

1043% Mar. 14

24 Jan, 18713% Feb. 291113% Jan. 15100 Feb. 14

9034 Mar. 309734 Mar. 31

923% Mar. 28

9434 Mar. 251073% Mar. 108.0% Mar. 2

103392101

90 Jan. 17973% Mar. 31

91% Mar. 4923% Feb. 1793 Mar. 29106% Mar. 280% Jan. 20

Mar. 4Mar. 9Mar. 7

10536 Mar. 2010454 Mar. 30913% Mar. 10107 Mar. 29

102 Feb. 392 Jan. 7100% Mar. 30103% Feb. 161055 Jan. 26103 Jan. 49034 Feb. 28107 Mar. 29

10336 Mar. 29107 Mar. 27

10254 Feb. 2410354 Jan. 5107 Mar. 27

101 Feb. 21

9534 Jan. 28

82 Mar. 25 81% Mar. 4

94% Mar. 394 Mar. 1711634 Mar. 6

9434 Mar. 29933% Mar. 1511436 Jan. 311254 Jan. 12

1043% Mar. 14

103 Mar. 18 10334 Mar. 21

1043% Jan. 11104 Feb. 9103 Jan. 17

10434 Mar. 17 105 Mar. 10 104 Feb. 24

5934 Feb. 2347 Feb. 25100 Feb. 1087 Jan. 21

96 Jan. 31

10234 Feb. 2599% Jan. 39834 Jan. 1996 Jan. 11

9434 Feb. 32554 Jan. 720 Jan. 18105 Jan. 22823% Jan. 19

82 Jan. 21803,4 Jan. 2081 Jan. 22

24 Jan. 1874 Jan. 31133,4 Feb. 21100 Feb. 14

9156 Feb. 169734 Mar. 31

94 Feb. 49234 Feb. 1794% Jan. 4110 Jan. 148134 Jan. 3

104 Jan. 49334 Feb. 81033 Jan, 31037 Feb. 1610534 Mar. 2010434 Mar. 309154 Mar. 1010734 Feb. 11

10234 Feb. 23104 Feb. 231073% Jan. 29

101 Feb. 21

9734 Feb. 15

84 Jan. 28

95% Feb. 396 Jan. 31163% Jan. 61123% Jan. 12

10434 Jan. 11104 Feb. 910354 Mar. 21

105 Mar. 16

118% 121

83

121%

83

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

APR. 1916.1 BONDS-STOCK EXCHANGE RECORD. • 23

BONDSN Y STOCK EXCHANGE

Int.Per-iod.

Sales inMarch1916

Price aboutJan. 31916.

PRICES IN MARCH. I RANGE SINCE JAN. 1.

March 1. March 31. Lowest. Highest. Lowest. Highest.

Sale Prices,109 Jan. 141073% Feb. 29

1123% Feb. 194 Jan. 17

109 Jan. 28

102 -.Tar.. 26102 Mar. 2887 Feb. 584 Feb. 15693% Feb. 449 Feb. 745 F. 347 Feb. 7

65% Jan. 5100 Jan. 21

98% Jan. 3

58 Jan. 2871 Jan. 8

118% Jan. 2987% Feb. 2103 Jan. 2711834 Feb. 29

1053% Jan. 28

1073% Jan. 1181% Jan. 6

86% Jan. 5

81 Jan. 1787 Jan. 71003% Feb. 2387 Jan. 477 Feb. 1484 Jan. 26793% Feb. 23

843% Jan. 17105 Mar. 2S913% Feb. 16

1023% Feb. 25

70 Jan. 2136 Jan. 6

1013% Jan. 2710 Jan. 319 Mar. 13033% Feb. 10873% Jan. 11105% Jan. 13

94 Feb. 1

873% Feb. 21109 Feb. 151043% Feb. 11

1043% Feb. 41003% Jan. 14102 Mar. 2998 Mar. 30108 Jan. 1488 Mar. 17113 Feb. 17

79% Jan. 385 Jan. 7823% Jan. 458% Jan. 3

783% Jan. 2065 Jan. 22

90 Jan. 2185 Jan. 26

94 Jan. 19

1033% Jan. 14

95 Jan. 8

104 Feb. 111115% Jan. 6

1013% Feb. 4

Feb. 7

111 Feb. 9

Chic. & Northwest.-(Canc.)-M L 8 & West, lat, g, Os 1921

Ext & imp, s f, g, 5s_ _ 1929Ashland Div, 1st, g, 6s19256111higau Div, 1st, g, Os '24

MilSpar& N W lstgu 48 194,Norw Un 1st a 1 78 June 1917Bt L Peo & N W 1st gu 5s1948Win & P 1st eat

Chic it 1 & Pacific, 68___ _1917Registered 1917

General, gold, 48_ _1988Registered .1988

Refund gold 45 193420-year debenture 5s_ _ _1932Trust Co. Certfs of deposit do do stamped_

Coliat tr 45, Series N _ _ _1916Series P 1918

R I Ark & L 4%s rec_ _1934Burl C R & No-gold 5s_ 1934CRIF&N W, gu, g, 5s 1921M & St L, lst gu, g, 78_ _1927Choc Oki&G gen. g 58,0ct'19

Consol, gold, 55 1952Kook & Des M, 1st, 5s_ .1923St P & K C Sh L 1st 4%s 1941

Chic St L & N 0. See Ill CentChic St L & Pitta. See Penn CoChic St PM Sc 0, cons Os_ _1930Cons Os, reduced to 331_1930Debenture 5s 1930Ch St P & Min, 1st g, Os_ 1918North Wisconsin 1st 68_1930St P & S City, lst g 6s_ _1919Superior S L 1st 5s, June 1930

Chic T H & S'east 1st 5s_ _1960Chic & WI gen, g, 6s_ Dec 1932Consol 50-year 4s 1952

Chic & W Mich. See Pere MareChoc Okl & G. See CR I & PGin Ham & D 2d g, 4%s_ _1937

1st guar 4s 1959Cin D & I, 1st guar g 5s_1941Cin Fink Ft'W, lstgug 43.1923Chi Ind & W, 1st gu g 43.1953Day & Mich 1st con 4%81931

Cin Ind St L & C. See CCC&StCin San Sc Cloy. See CCC&StLClearfield Sc Mahon. See BR& POCC&StLgeng 4s_1993J20-year debenture 431s_1931Gen 5s Series B 1993 Cairo Div, 1st, gold, 4s_1939Cin W & M Div, 1st, g, 48 '91St L Div, 1st coil tr g, 4s 1990

Registered 1990Sp Sc Col Div, 1st, g, 4s_1940W W Val Div, 1st g, 4s_ 1940Cin I St L & C, cons fis_ _1920

First gold, 4s_ _ _Aug 1936Registered.... _Aug 1936

Cin S Sc Cl, cons 1st g 56_1928CI C C & In gen con, g, 68.. '34Ind HI Sc W, 1st pref, 4s_ 19400 1 & W, 1st pf, 5s_Apr 1938Peor Sc East 1st Cons 45_1940Income 4s 1990

Cleve Lor Sc W. See Bait Sc 0Cleve Sc Mahon Vail. See ErieCleveland Sc Pitts. See Penn CoCleve Short L-lst gu 43%s 1961Colo Midland-lst a 4s 1947

Trust receipts Colo J.: Southern 1st g 4s_ _1929

Refunding Sc ext, 43%s..1935F W & D City-lst g 68_1921

Colum & Hock V. See Hock ValCol Conn Sc Term. See Nor&WConn & Pas Rive, 1st g 48_1943Cuba RR 1st 50-year 5s g_1952Dallas Sc Waco. See Mo IC & T

elaware Lack Sc Western-Mon& E.lst gu,3 3%s_2000

N Y L Sc W, 1st, Os 1921Construction 5s 1923Term Sc improvel 4s_ 1023

War RR 1st ref gu g 331s2000Del Sc 11-1st Penn Div 7s.1917

1Registered 91710-year convert deb 4s_ _19161st lien eq 15-yr a 431s_ _19221st refunding 4s 1943Convertible 5s 1935Alb Sc Susq, cony 330..1946Rens & Saratoga 1st 7s_ _1921

Del Itiv ItR 13dge. See PennRItDen Sc R G-1st cons, g, 4s 1936Consul gold 43%s 1936Improvement gold, 5s_ _ 1928First Sc refunding 5s_ _1955RioGrJunc, lat,gu,g,5s_1939Rio Or Sou, 1st, g, 4s_ 1940

1Guaranteed 940Rio Gr West, 1st, g, 4s_ _1930M Sc coil tr, g, 4s,SerA, '49[It C, 1st, go, g, 45.Jan '17

i)es M & Ft D. See M & St LDes M Un Ry 1st g 5s_ 1017Del Sc Mack, 1st lien g 48.1995Gold 4s 1995

Detroit River Tunnel-Del Term Tunnel 1st 43%s '81

Dul MIssabe Sc. Nor gen 58_1941Dul Sc Iron Range, 1st 6s_ _1937

Registered _1037Duluth Short Line. See Nor I'Dot So Shore Sc Atl, g, 6s_ _1937rast of Minn. See SP M &M•-.ast Tenn leer lien. See So RyEast Tenn Va Sc Ga. See So RyElgin Jul Sc East, let g 5s_ _1941Erie-lst consol, gold, 78_1920N Y Sc Erie 1st ext, g, 4s 19472d, ext, gold, 5s 1919

ext, gold, 43%s_ _ ._19234th, ext, gold, Ss 19205th, ext, gold, 4s 1928

N Y T. F. & VV fond. Is. 1020

M-NF - AM- S J - J M- SM- S J - JJ -D J -J - JJ - JJ - JA - 0J - J

M-N M- N M- S A - 0A - 0 J -D J - J M-N A - 0 P - A

J - D J -M- SM - NJ - J A -M - S J - D Q -MJ - J

J - JJ - J M - N M- NJ - J J - J

-DJ - J

J - JJ - JM- NM- N M- S J - J M - NQ - F Q - F J - JJ - J A - 0 Q - J A - 0April

A -0J - J

F - AM-NJ -D

A - 0 J - .1

J -DJ - J8 At - NF - A M - S M - S J -DJ - JM- NA - 0A - 0M- N

J - JJ - JJ - DF - AJ - D - J

J - JJ - JA -0A - 0

M- N J -D J - D

M- NJ - J A - 0 A - 0

J - J

M- N M- SM - N M- SM - 8 A - 0J - D M- S

1,000

14,000

109,000

29,00015,000, 83 ,00&6,0001

606,000203,000

1198,000

1,0001

7,000

6,0003,000

1,000,57 000

143,00012,000

12,00(12,0007,000

1,000

4,000

15,0002,000

57,00050,0009,000 83,00081,0008,000

35,000

1,000

63,00022,00053,000206,00071,000

170,00014,00080,000255,000

43,0005,000

9,000

3,000

23,000

1,000

1,000,

Bid. Ask.108% 108%

106% 112% 111% 90% 92103% 106% 107%102% 103102%

85 Sale83 Sale 66 Sale423% Sale

39 40 4290% 79

65%'100%'

99

98% Sale90 50% 7570 71

117% 87

lop% 1023%117% 117%

105% 105%

80106% 79 80%

80 87

27%

70% Sale853% 87

86 Sale75 8179% 81%75 80 83

85104% 92 90

106

67 7037 40

101 Sale8 11

10 91% Sale85% Sale105% Salo

86% 87 108 110

102% 96%

83% 85%104%

100 Sale100 Sale96 Sale106 Sale85% 86%111%

79% Sale84% Sale81 8258% Sale80 95

35 45

77% 78%61% 65

99% 10085 95803%

89% 93%104% 106103%

91 93%

102% 104%1103% 1113%94% 101% 983% 1023% 94 109%

Bid. Ask.108 1083%1073% 112% 11291 923%103% 1063% Sale102% 1023% 1023%1013% 1023%853% 86

8566 Sale453% 463%

42 4792 79 98%53 57100 101%99

99% 90 60% 66 71

118 89% 102% Salo 118118105 105%

70 80106% 107%79% 80

85 87

27%

79 Sale853% 86

1003%843% 843%76 77793% 80

80 84 833% 105 91 90% 1013% 1023%114%

80

65% 69%26 31

100% Sale9 9%

10 92% Sale85% Sale105% 106

87 95

87% 88107% 103% 98% 84 104% 104%

100% Sale101% Sale96% Sale106 106%87% Sale112%

78 Sale83% Sale679 Sale56 Sale

. 85% 9033 35%

35 75 75%

65

99% 80 89%80 90

93 Sale 104 1061023% 1033%

92 95

104 1043%my 111953% 1017% 1023%99% 1023% 94% 110 1103%

Bid. Ask.108 1083%106% 112%

112% 913% 923%103% 107 Sale102 1023% Sale102 1023%86 Sale83% 84%683% Sale453% 46

41 45%98 8054 52 58 99% 100% 99

99% 91 55

71

118% 90%

102% 118 118

105%

68 82 106% 107%79 Sale

85 79% 30

783% Sale843% 863%993% 1007% 82 833%755% 773%81 82

86 763% 833% 105 1053492% 92% 1013% 114% 80

653% 6725

101 Sale8% 83%

8%91% Sale84% Sale105 106%

87 95

87 87%107% 108% 1033% 98 84 104% 104%

1003% 1005%1015/s 102 ;101%97 97%1063% Sale873% Sale112%

78% Sale83% 8580 Sale5734 Sale85 90 33 35% 35 75 763%62 65

99% 83% 89 80 84

933%104 106 1023%

92 95

1033% my, 1103% no%96%

1023% 1023%100% 102% 94% 110 1103%

Sale Prices.108 Mar. 13

913% Mar. 131

1063% Mar, 1

1023% Mar. 311023%102 Mar. 28853% Mar. 283%, Mar. 29653% Mar. 243 Mar. 7

42 Mar. 18

993% Mar. 23

65 Mar. 7

1023% Mar. 11183% Mar. 8

1063% Mar. 27783% Mar. 11

773% Mar. 9853% Mar. 30

833% Mar. 30763% Mar. 2180 Mar. 3

105 Mar. 28

1023% Mar. 2

67% Mar. 925 Mar. 22

1003% Mar. 18% Mar. 168% Mar. 1791 Mar. 2484% Mar. 2105 Mar. 23

8731 Mar. 28

1033% Mar. 151033%

1003% Mar. 28!100%Mar. 11

963% Mar. 21063% Mar. 2873% Mar. 9

773% Mar. 8833% Mar. 47834 Mar. 256 Mar. 1

7434 Mar. 1065 Mar. 27

93 Mar. 1

933% Mar. 23

1103% Mar. 28

1013% Mar. 8

1023% Mar. 211025%

I Sale Prices.108 Mar. 13

913% Mar. 30

107 Mar. 9

Mar. 13102 Mar. 28863% Mar. 2284 Mar, 2683% Mar. 30473% Mar. 29

43 Mar. 2

995% Mar. 23

663% Mar. 10

1023% Mar. 31185% Mar. 8

1063% Mar. 2780 Mar. 6

79 Mar. 1853% Mar. 30

84% Mar. 27634 Mar. 21803% Mar. 21

105 Mar. 28

1023% Mar. 2

693% Mar. 1326 Mar. 22

1013% Mar. 139 Mar. 89 Mar. 1392% Mar. 985% Mar. 11053% Mar. 7

873% Mar. 28'

Mar. 15,

Mar. 18,102 Mar, 29;98 Mar. 30,107 Mar. 3088 Mar. 17

783% Mar. 24833% Mar. 2780 Mar. 305734 Mar. 31

76 Mar. 2065 Mar. 27

933% Mar. 29

1

933% Mar. 231

1103% Mar. 8

1013% Mar. 8

Mar. 21102%

Sale Prices.108 Mar. 13

1063% Jan. 12

1123% Feb. 1913% Feb. 26

100% Jan. 4

1013% Jan. 211013% Jan. 1084% Jan. 483 Jan. 363% Feb. 1413% Jan. 11

405% Jan. 1041 Jan. 25

55 Jan. 26995% Mar. 23

98% Jan. 3

58 Jan. 2465 Mar. 7

1183% Jan. 4 87% Feb. 2

1023% Jan. 111183% Mar. 8

105 Feb. 24

1063% Feb. 15783% Mar. 11

86% Jan. 5

77% Mar. 985% Jan. 6

1003% Feb. 23833% Mar. 30765% Mar. 2179 Jan. 20

793% Feb. 23

8434 Jan. 17105 Mar. 28

913% Feb. 16

1023% Feb. 25

6634 Feb. 2325 Mar. 22

1003% Jan. 148 Jan. 107 Jan. 1091 Mar. 2484% Mar. 2105 Mar. 23

94 Feb. 1

863% Jan. 14 1083% Jan. 17

10334 Mar. 15

1043% Feb. 41003% Mar. 281003% Jan. .196% Jan. 3106 Jan. 385% Jan. 8

113 Feb. 17

76 ' Feb. 2683 Feb. 778% Mar. 25531 Jan. 13

743% Mar. 1062 Jan. 21

90 Jan. 21 85 Jan. 26

93 Mar. 1

1023% Feb. 29

933% Mar. 23

103 Jan. 191103% Mar. 28

1013% Feb. 4

Feb. 71102%

110% Jan. 28

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

24 BONDS-STOCK EXCHANGE RECORD [VOL. 102.

BONDSN 'V STOCK EXCHANGE

Int.Per-iod.

Sales in Price aboutMarch Jan. 31916. 1916.

PRICES IN MARCH.

March 1. March 31. Lowest. Highest.

Erie-(Concluded)-- 16 Bid. Ask. Bid. Ask. Bid. Ask. Sale Prices.Erie let con g prior 4s___1996 J - J 119,000 853% Sale 853 Sale 853 Sale 843/i Mar. 3

Registered J - Jlet consol gen lien g 4s 1996 J - J 225,000 753 Sale 75 Sale 75M Sale 74% Mar. 8

Registered J - J Penn coil trust g 4s___1951 F - A 31,000 88% 90 89% Sale 89M 893j Mar. 150-yr cony g 45 Ser A..1953 A -0 112,000 71 A Sale 72 Sale 703% Sale 703/5 Mar. 30Do do Ser B_1953 A - 0 185,000 82% Sale 783% Sale 773 78 77% Mar. 4

Gen cony 4s Series D___1952 A - 0 605,000 85% Sale 85% Mar. 31Buff N Y & Erie 1st 7s_1916 J -D 1,000 1101K, 1033 101 100 100 Mar. 29Chic & Erie 1st gold 5s_ % % _1982 M-N 17,000 105 106% Sale 107 1083% 1063% Mar. 9Clev & Mahon Val g 58

03

_1938 J - J 1033% 104M 1033% Long Dock cons gold 6s_1935 A - 0 8,000 121 122% 1221/s 1223 Mar. 2C de RR Co 1st cur gu 68 1922 M-N 1,000 99% 103 10034 104 102 104 102 Mar. 17D & Impt Co 1st extd 5s 1943 J - J 5,000 1023% 103% 104% 106 1053% Mar. 14NY&Greenw L guar g 5s 1946 M-N 100 1003 NYSusq&W 1st ref g 5s_1937 J - J 3,000 92 100 97 98M 97 100 98% Mar. 21Second gold 434s 1937 F - A Generalgold 5s 1940 F - A 1,000 78 90 80 80 84 80 Mar. 3Terminal 1st gold 5s__1943 M-N 100 105% 105%

Mid of N J 1st ext 5s___1940 A - 0 104 104 1043 Wilk & East 1st gu g 5s_1940 J -D 10,000 85 893 88 88 90 89 Mar. 14

Erie & Pittsburgh. See Penn CoEv & Ind 1st con gu g 6s__1926 J - J Ev & T H-lst cons g 6s__1921 J - J 1,000 91% 90% 91% 95 91 Mar. 22

1st general gold 55 1942 A - 0 58 60 55 65 Mt 'Vernon 1st gold 6s__1923 A - 0 Sun Co Brch 1st g 5s____1930 A - 0 92

Vargo & Sou. See Ch M & St PA la Cent & P. See Seab Air LFla East Coast 1st 4%s___1959 J -D 6,000 92 9434 93% 933/i 933% 923% Mar. 28Fort St U D Co 1st g 430_1941 J - J Ft W& Rio Gr 1st g 4s___ _1928 J - J 11,000 663,1 673 663% 63 66% 613% Mar. 17

Cal H & San A. See So Pac Coa 4,4 Ala. See Seab Air Line

Ga Car & Nor. See Seab Air LGeorgia Pacific. See South RyGila V G & N. See Sou Pac CoGouv & Oswegat. See N Y CentGt Nor-C B & Q coil tr 4s 1921 J - J 1,112,000 983% Sale 98% Sale 98% Sale 983 Mar. 29

Registered July1921 Q - J 52,0001 98% 993% 98M 983% Mar. 201st & refund 43,13 Ser A..1961 J - J 59,0001 993% Sale 99 995/á 100 Sale 99 Mar. 16

Registered 1961 J - J St Paul Minn Jr Manitoba-

Consol mortgage 4s_ _ _ 1933 J - J 953% 19273i

083% 1st consol gold 6s 1933J - J 1,000 1203% 13{4 121% 122 HI 11 Mar. 29

Registered 1933J - J 2,000 1213% Reduced to gold 4%8_1933 J - J 9,000 1023% 1033% 1033% 1033% 1033% 103% 1033% Mar. 17

Registered 1933J - J Mont Ext 1st gold 45..1937 J -D 17,000 953% 06 963%

E Ry M No Div lst g 4s_1948 A - 0 Minneap Un 1st g 6s____1922 J - J

Pac Ext sterling gu 48..1940 J - J

109(93M 92 1P 92%

9

96M 1829„ 91M

109%

Registered 1937 J -D 2,000

Mont C 1st gu g 6s Registered

1937J - J 1223% 1233%

let guar gold 5s 1937J - J 1937 J - J 4,000 109 1103% Sale 1103% 111 1103% Mar. 1

Registered 1937 J - J Will & SF 1st gold 5s___1938 J -D 110 1103% 1103% 111

Greenbrier Ry. See Ches & 0G Bay & W deb cfs A ($100 par) Feb 74 80 80 80

Debenture ctfs B (par $100) Feb 110,000 133% 143% 11 12 11 12 11 Mar. 8G&ShI 1st ref & ter 5s g Feb '52 J - J 5,000 85 Sale 833% 85 84 883% 843% Mar. 3

Registered Feb 1952 J - J Hock Val 1st con g 430_1999 J - J 39,000 93 933% 8953% Sale

Registered 1999 J - J

Col & Tol 1st ext 48 83 85Col & H V 1st ext g 4s__1948 A - 0 1,000 84%, 844 88 873% Mar. 22

Housatonic. See N Y N H 95H5 P - AH & Tex Cent. See So Pac CoHous Belt & Ter 1st 5s.. _ _ _1937 J - JIllinois Central-let g 45....1951 J - .1 4,000 94 973%a Registered

let gold 334s 1951 J - J 1951 J - J 3,000 823% 843% 863% 85 853/8 853% Mar. 23

Registered 1951 J - J 83% Extended let g 334s____1951 A -0 83 85 85 863% 843% 90

Registered 1951 A - 0 833% 833% let gold 3s sterling 1951 M- S 80 80 Collateral trust gold 4s__1952 A - 0 23,000 88 Sale 90 903% 90 Sale 90 Mar. 31

Registered let refunding 4s

1952 A - 0 1955 M- N 170,000 893% 903% 893% Sale 893% 903% 893% Mar. 2

Purchased lines 3%s____1952 J - J 813% 84 82 823% 82% --Coll tr g 45 L N 0 & T__1953 M- N 69,000 85 863% 863% Sale t853% Sale 853% Mar. 11

Registered 1953 M- N 85 863% - D 5,000 90 92 92% 92 Cairo Bridge gold 4s____1950

Litchfield (Dv let g 3s___1951 J - J 713% 74 71 74 92 Mar. 25.1

Registered 1953 J - J 81% Lou'v div ds term g 330_1953 J - J 1,000' 803% 813% 81% Mar. 30

Middle Div regis 5s 1921 F - A Omaha Div 1st g 3s 1951 F - A 693% 71 693% 7234 693%

Springt Div let g 3%8_1951 J - J_ _1951 F - A

Registered 1951 F - A 88

6798 %Western Lines let g 4s

7:3% 6178081; 7588 88%

St Lou Div & term g 3s__1951 J - J 69 Gold 33%s81 81% 81%

Registered 1951 J - 31951 J - J

Belle & Carond let 6s___1923 J -D 1043%Carb & Shaw 1st 4s g_ _1923 M- S 86 86 Ch St L & N 0 gold 5s....1951 J -D 15,000 1083% 108 109 1083% 1083%

Registered Gold 33%s

1951 J -D 1951 J -D

Registered 1951 J -D Joint 1st ref ser A 5s__1963 I - D 59,000 102 1023% 1073%Memphis Div 1st g 48_1951 J - D 873% 883 883% 893% 883% St L So let gu g 4s____1931 M- S 98 88 953% 90 953%

Ind Bl & W. See CI C C & St LInd Dec & W. See Cln 11 & DInd Ill & Ia 1st gold 4s____1950 J - J 883% 91

rn (am Nyi

Inte & Gt No-let g 63_1919 M- N 30,000 100 Iowa Central. See Minn & St LTack Lana & Sag. See Mich Cendames F & Clear let 45.__1959 J -D 913% 923% 91 92 913% 923%Trail All & 0 R. See LS&MSal,an & Mich. See Tol & 0 CKCFtS&M. See StL&SFK C & M Ry & 13. See StL&SFK C & Pacific. See Mo K & TKan City South let g 3s___1950 A - 0 32,000 703% Sale 703% 71 693% 703/a

1950 A - 0 Ref & imp 5s Registered

Apr 1950 J - J 82,000 933% 04 92 923% 92 92Kansas C Term let 4s 1960 J - J 352,000 883% 893% 883% Sale 88 88'4Kentucky Central. See L & NReok & Des M. SeeCRI&PKnoxville & Ohio. See Sou RyLake E & W let gold 58 1937 J - J 35,000 983% Sale 993% 100 92 99

2.1 gold 5s 1941 J - J 1,000 833% Sale 83 90 80 85North Ohio let gu g 5s 1945 A - 0 1003%

L Sh & Mich So. See N Y Cent

I 0Leh V (NY) let gu g 4Ms_1940 J - J 15,000, 1003% 101 1013% Sale 1013%

Registered 1940 J - J 10 10534

Sale Prices.853% Mar. 17

RANGE SINCE JAN. 1.

Lowest. Highest.

Sale Prices. Sale Prices.813% Mar. 3 863% Feb. 7

76 Mar. 17

893% Mar. 2872 Mar. 178% Mar. 186M Mar. 24100 Mar. 291073% Mar. 30

74% Mar. 8763% Jan. 1988% Jan. 5703% Mar. 3077% Mar. 4853% Mar. 31100 Mar. 291053% Jan. 4

1223% Mar. 2102 Mar. 17106 Mar. 22

1213% Jan. 17102 Mar. 171023% Jan. 13

983% Mar. 23

80 Mar. 3

77 Jan. 10763% Jan. 1990 Feb. 1672% Jan. 584 Jan. 7863% Mar. 24100 Mar. 201073% Mar. 30

1223% Mar. 2102 Mar. 17106 Mar. 22

983% Jan. 181 983% Jan. la80 Mar. 31 80 Mar. 3

893% Mar. 10 8634 Jan. 25 00 Jan. 6

963/ Mar. 2096%, Mar. 15

95 Mar. 25

96% 97

95 953%

91 Mar. 22

97% 963% 963% Mar. 14

90 Jan. 6

033% Mar. 6 92 Jan. 4

82

903% 9334 97%

64 Mar. 7

98% Mar. 398% Mar. 6100 Mar. 31

613% Mar. 17

91 Mar. 22

933% Jan. 18

663% Jan. 14

973% Jan. 3 99 Feb. 4973% Jan. 11 983% Feb. 409 Mar. 16 1003% Jan. la

1213% Mar. 291213% Mar. 111033% Mar. 7

973% Feb. 11 973% Feb. 31213% Feb. 24 122 Feb. 101213% Mar. 111213% Mar. 111013% Feb. 9 1033% Feb. 25

963% Mar. 2096% Mar. 9

953% Jan. 13 963% Mar. 20963% Mar. 15 963% Mar. 9

1103% Mar. 16 1103% Mar. 1 110% Mar. 10-

108 Mar. 20

1013% Mar. 30

97 Mar. 22

113% Mar. 2584% Mar. 3

69 Mar. 24

95% Mar. 4

873% Mar. 22

74 Jan. 10 75 Jan. 1711 Feb. 28 143% Jan. 4843% Mar. 3 85 Jan. 3

933% Jan. 6 96 Feb. 28

873% Mar. 22 873% Mar. 2286 Feb. 24 86 Feb. 24

963% Mar. 28

853% Mar. 23

913% Mar. 2873% Mar. 28

963% Mar. 14 973% Jan. 6-

83 Feb. 4 853% Mar. 21

843% Feb. 26 863% Feb. 18

99 Mar. 1883 Mar. 15

903% Mar. 3

903% Mar. 16

86% Mar. 1

88 Jan. 3 913% Feb. 9

89 Feb. 1 903% Mar. 16-83 Jan. 17 83 Jan. 17853% Mar. 11 873% Feb. 2

923% Mar. 10 90 Jan. 21 3923% Feb. 0-

81% Mar. 30 813% Feb. 3 813% Feb. 3

71 Jan. 23 71 Jan. 25,

813% Jan. 5 813% Jan. &

78% Jan. 4 783% Jan. 489M Feb. 23 893% Feb. 23

1083% Mar. 21 198 Jan. 19 109 Jan. 10-

10234 Mar. 3 1013%Mar. 30 1033% Jan. 7

97% Mar. 3

703% Mar. 6

00 Jan. 17 923% Jan. 2897 Feb. 8 98 Jan. 11

923% Feb. 3

69 Mar. 24

9389 8

Mar. 14Mar. 15

993% Mar. 2083 Mar. 15

9 1 y2 Mar. 285% Jan. 19

08 Feb. 183 Mar. 15

92% Feb. 3

71 Feb. 3

94 Jan. 11893% Mar. 15.

100 Jan. 22833% Jan. 3

1021003% Mar. 7 103 Mar. 28 1003% Mar. 7

1003% Feb. 11103 Feb. 111003% Feb. 111

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

APR., 1916 BONDS-STOCK EXCHANGE RECORD 25

BONDSN V STOCK EXCHANGE

/nt.Per-iod.

Sales inMarch1916.

Price aboutJan. 31916.

PRICES IN MARCH. RANGE SINCE JAN. 1.

March 1. March 31. I Lowest. I Highest, Lowest. Highest.

Bid. Ask. Bid. Ask. Bid. Ask. Sale Prices Sale Prices. Sale Prices. Sale Prices.Leh V (Pa) gen con g 4s___2003 M- N 2,000 89% 92% 9214 94 90 99 9294 Mar. 21 9294 Mar. 21 9034 Feb. 10 9231 Jan. 28Gen consol 43s 2003 M-N 100% 101% 102 10194 Jan. 17 10194 Jan. 17Leh V Ter Ry 1st gu g 55_1941 A -0 5,000 109 111 Sale 11194 111 Mar. 1 111 Mar. 1 110 Jan. 5 111 Mar. 1Registered 1941 A - 0 110 110% Leh V Coal Co 1st gu g 5s..1933 J - J 2,000 103 10594 10594 106 10594 Mar. 810594 Mar. 10 10534 Jan. 17 10694 Feb. 8Registered 1933 J - J 102 106

First hit reduced to 4s__1933 J - J 92 Leh & N Y-lst gu g 4s___1945 M- S 88% 90 90% 00%

Registered M- S Leh & Hud R. See Cent of N JLong Dock. See ErieLong Is! 1st con g 5s_Ju1y 1931 Q - J 2,000 10494 105 106 105% 10594 Mar. 7 10594 Mar. 30 10494 Jan. 24 10634 Feb. 241st cons gold 45._ ..July 1931 Q - J 94 95% 94% Gen gold 4s 1938J -D 6,000 85 86 85 88 89 86 Mar. 18 8634 Mar. 14 86 Jan. 4 90 Jan. 25Ferry gold 434s 1922 M- S 4,000 95% 99% Sale 95% 99% 99% Mar. 1 99% Mar. 1 9994 Feb. 11 9934 Feb. 14Gold 4s 1932 J -D Unified gold 48 1949 M- S 23,000 86 Sale 85% 86% 85% 89 85% Mar. 2 86 Mar. 18 8594 Jan. 20 86 Jan. 3Deb gold 5s 1934 J -D 97 99 96% 96 97 Jan. 19 97 Jan. 19Guar ref gold 4s 1949 M- S 85,000 87% Sale 87% Sale 89% 90% 8734 Mar. 1 9094 Mar. 17 87 Feb. 23 9034 Mar. 17NYB&MBcong5s 1935 A-0 3,000 98 101 102% 101%, 103 10234 Mar. 2 10334 Mar. 6 10194 Jan. 14 1033-4 Mar. 6N Y & Ro Bch 1st g 5s__1927 M- S 10094 102 103 103% 103 103% 10294 Jan. 27 103 Feb. 11NShl3ch 1st con gu 5s Oct'32 10194 102 Ray, 101% 102 Feb. 3 102 Feb. 3Louisiana & Ark 1st

5s_- .._1927 - S 3,000 90 92 8694 90 88 95 88 Mar. 16 8894 Mar. 30 88 Mar. 16 9734 Jan. 14Louisv & Nashv-Gen gOs 1930 J - D 10,000 112 Sale 111% Sale 112% Sale 1113% Mar. 1 1123/s Mar. 31 1113% Feb. 24 11294 Mar. 31Gold 55 1937 M-N 2,000 107% 109% 10994 Mar. 30 1093% Mar. 30 109% Mar. 30 1093% Mar. 30Unified gold 45 1940J - J 212,000 94% 94% 95 Sale 94% Sale 9434 Mar. 15 95% Mar. 2 9431 Jan. 7 96 Feb. 2

Registered 1940 J J 95 Coll trust gold 5s 1931 M N 5,000 1053 107% 105% 105% 10534 Mar. 6 10594 Mar. 6 105 Jan. 13 10594 Feb. 29E II & Nash 1st g 6s____1919J - D 1073 10734 112 107% Louts Cin & Lex g 4945_1931 M- N 2,000 10034 Sale 101% 102% 102 Mar. 17 102 Mar. 17 10094 Jan. 3102 Mar. 17N 0 & M 1st g Os 1930 J - J 114% 115% 115% 116% 11594 Feb. 23 116 Feb. 142d g 6s 1930 J - J 10794 110 109 109 Pad & Mem Div 4s 1946 F - A 13,000 8694 89 90 8934. 90 90 Mar. 9 90 Mar. 9 90 Feb. 24 9094 Feb. 16St Louis Div 1st g t3s____1921 M- S 6,000 107 107% 108 107 Mar. 6 108 Mar. 29 107 Mar. 6 10834 Feb. 242d gold 3s 1980 M- S 61 Sale 62% 61% 61 Jan. 3 62% Feb. 7At! Knox & Cin Div g 45 1955At! Knox & No 1st g 5s_ _1946

M-NJ - D

21,000 8794 Sale1027

88 89108%

87% Sale108%

873-4 Mar. 28 88% Mar. 9 8794 Jan. 13 90 Jan. 24Hend'sonBdge 1st s f 6s g1931 M- S 10594 105% 105% Kentucky Central g 4s__1987J - J 15,000 88 88% 8734 89% 88% 87% Mar. 6 8994 Mar. 14 8794 Mar. 6 893-4 Mar. 14Lox & E 1st 50-yr 5s gu 1065 A - 0 4,000 101% 10194 Mar. 24 1018% Mar. 23 10194 Mar. 24 1013% Mar. 23L&NMob&Mlst g 494s_1945 M- S 99 100% 100% 993-4 Jan. 26 10094 Feb. 16L&N-Sou Mon joint 45_ _1952

Registered July1952J - J

j

6,000 76% 82 76% 85 78% - 83 8034 Mar. 27 81 Mar. 11 80 Jan. 11 82 Jan. 14

N Fl & Sher lat gu g 5s_ _1037 - A 1,000 10494 1053.6 106% Sale 106% 10694 Mar. 1 10694 Mar. 1 10694 Mar. 1 10631 Feb. 2Npt&CinB gen gu g 494s 1945 J - J 97% 973-4 Pens & At! 1st gu g 6s___1921 F - A 7,000 108% 109% 108% 109% 10834 10894 Mar. 10 10894 Mar. 4 1083-4 Mar. 10 1083% Mar. 4& N Ala con gu g 5s_ 1936 F - A 105 107 108 1053% Jan. 4 106 Jan. 10Gen cons gu 50-yr 5s__1963 A - 0 77,000 103 Sale 102% 103% 102 102% 10254 Mar. 14 1023% Mar. 2 1023-4 Mar. 14 1033% Jan. 3Lou&JeffBdge Co gu g 481945 M- S 3,000 8194 80% Sale 81 80% Mar. 1 82% Mar. 7 80% Mar. 1 82% Mar. 7Mahoning Coal. See L SI&M So

"aVA an Ito S W Coloniz g 50_1934 J - D Manila RR-Sou lines 4s_ _1936 M-N McKept&BVern. SeeNYC&HRMex Internat 1st cons g 48_1977 M- S Stamped guaranteed __1977

-YM- S

Michigan Central. See N CentMid Term 1st g s f 55. __1925

-&J - D

Mil L S & West. See Chic NWMil & North. See Ch M & St PMinn & St L 1st gold 7s__ _1927 J -D 1,000 108% 116 111 115 112 115 Mar. 20 115 Mar. 20 115 Mar. 20 115 Mar. 20Pacific Ext 1st gold 6s__1921 A - 0

1st cons gold 5s 1934 M- N 1,000 88% 8834 90% 89% 89 Mar. 9 89 Mar. 9 8894 Jan. 18 90 Jan. 131st & refund gold 4s_ ___1949 M- S 108,000 57 Sale 61% Sale 6134 62 60 Mar. 1 61% Mar. 7 5294 Jan. 25 6434 Feb. 151st & ref 5s Series A___1962Q - F 1,000 50 55 55 Mar. 3 55 Mar. 3 55 Mar. 3 55 Mar. 3DesM & FtD 1st gu g 4s_ 1935 J - J 60 60 Iowa Cent 1st gold 5s___1938 J -D 49,000 87% 90 88% Sale 84 90 87 Mar. 1 9094 Mar. 17 87 Mar. 1 9094 Mar. 17Refunding gold 4s__ _1951 M- 58,000 54% Sale 57 Salo 5734 67% 56 Mar. 6 5894 Mar. 13 5194 Jan. 18 60 Feb. 15Minn & St L gu. SeeBCR&NM St P&SSM con gold 48stpd payment of int gu__1938.1 - J 35,000 9394 Sale 93% 93% 92% 92% 93 Mar. 27 93% Mar. 3 93 Mar. 27 93% Jan. 3M St P&SSM& Cent Term

1st Chic Term s f 4s_ _1941 M- N 95 MSSM& Atl 1st gold 4sstpd payment of int gu1926J - J 59,000 9894 Sale 97% Sale 97% 9734 97% Mar. 3 9734 Mar. 29 97% Mar. 3 99 Jan. 3Minneap Un. See St P M & M

Mississippi Cent 1st 5s_-

_ _1949tio Kan & Okla. See MK & T

J - J 14,000 91 91 93% 90 Mar. 14 9294 Mar. 16 90 Mar. 14 9294 Mar. 16

Mo Kan & Tex-lst g 48_1990 J -D 242,000 77 Sale 75 Sale 7294 Sale 7294 Mar. 31 75 Mar. 1 7294 Mar. 31 7894 Jan. 142d gold 4s June 1990 F - A 142,000 5094 Sale 46 Sale 4194 Sale 41 Mar. 14 46 Mar. 1 41 Mar. 14 50% Jan. 51st extension gold 5s____1944 M- N 0,000 63 52 50 5034 503-1 Mar. 28 5294 Mar. 7 5094 Mar. 28 52% Mar. 71st dr refund mtge 4s____2004 M- S 59,000 1 5294 55 52 Sale 5134 5394 52 Mar. 1 53 Mar. 9 51 Feb. 25 5394 Jan. 14General s f 4945 1936 J - J 73,000 42 Sale 839 Sale 38 % Sale 3894 Mar. 30 3934 Mar. 4 3894 Feb. 14 4234 Jan. 14St Lou Div 1st ref g 4s 2001 A -0 60% 51 46 51 Dal & Wa 1st gu g 5s_ __1940 M- N Kan C & Pac 1st g 4s___1990 F - A 32,000 70 61 66 60 Mar. 17 66 Mar. 24 60 Mar. 17 66 Mar. 24Mo K & E 1st gu g 5s_ __1942Mo K & Ok 1st gu 5s___1942MK&T of T 1st gu g 55 1942

A -M-NM- S

39,00018,000 42,000

88 9075

05% 6634

s883% Sale60 6152 60

80 82 82 Mar. 3055 Sale 55 Mar. 2948 Sale 48 Mar. 30

88% Mar. 161 Mar. 25294 Mar. 23

82 Mar. 3055 Mar. 2948 Mar. 30

8994 Jan. 2666 Jan. 1966% Jan. 4Sher Shr'y & So 1st gu g 5s '43J -D 57 74

Tex & Okla 1st gu g 58-1943Ado Pac-1st consol g 6s_ _1920

Trust g 5s stamp . _Jan 1917

M- SM- NM- S

51,000 [58,00036,000

69 100 Sale88% 86%

62% 100% Sale89%

509410094 1019194 9334

49 Mar. 2210094 Mar. 891 Mar. 7

56 Mar. 1710094 Mar. 1492 Mar. 27

49 Mar. 22100 Jan. 38994 Jan. 31

63 Feb. 23101 Feb. 392 Mar. 27Registered __ Jan 1917

Certfs of deposit 1st coil gold 55 1920

M-

F - A7,000

34,00085 83%

89 88% Sale

89 88%

90 Mar. 98834 Mar. 1

91% Mar. 78894 Mar. 30

88 Jan. 2183 Jan. 4

91% Mar. 789 Feb. 24Certificates of deposit --

40-year gold loan 4s___ A945Certificates of deposit_

1st & ref cony 55 1585Certificates of deposit_ _ _

M-

Al- s14,0003,0004,0001,000

83% Sale4294 Sale4294 454294 Sale44t6 46

87 9040 4239 41 4241% 43%

87 90 40 Sale40 41 Sale40 41

39% Mar. 23994 Mar. 2340 Mar. 340 Mar. 27

4034 Mar. 1440 Mar. 2841 Mar. 242 Mar. 2

8334 Jan. 339% Mar. 23931 Mar. 2340 Mar. 340 Mar. 27

86 Feb. 74694 Jan. 14443% Feb. 34694 Jan. 144594 Jan. 14Certfs of deposit stamped

3d 7s ext at 4% 1938 M- N 403 43%

81% 39 40% 81%

3934 41% Feb. 5 82 Jan. 14

4334 Jan. 1482 Jan. 14Boonv St L & S 1st 5s_ __1951 F - A

Cen Bch Ry 1st gu g 48_1919 F - A 1,000 50 58 50 Mar. 14 50 Mar. 14 50 Feb. 10 50 Feb. 10Cent Br Un Pac 1st g 4s_1948 J -D 50 55 50 Leroy&CVaIAL 1st g 55 1926Pac R of M 1st ext g 4s_ _19382d extended gold. 5s__1938

J - J F - AJ - J

2,0002,000

88 999

35 ocoyi, 92100%

35 90 92100%

9094 Mar. 2810034 Mar. 4

903% Mar. 2810094 Mar. 4

89 Jan. 4100 Jan. 7

9094 Feb. 2110094 Jan. 25St Louis Iron Mt & South-

Gen con ry & ld g 5s__1931 A - 0 44,000 102 Sale 101% Sale 101% 102 101 Mar. 8 102 Mar. 25 101 Mar. 8 10294 Jan. 13Gen con stpd gu g 56_1931 A -Unit' & ref gold 4s_ ___1929.7River & Gulf div 1st g 45'33

- JM-N

136,00053,000

74% 7670 71

80 Sale73% 73%

79 8072 Sale

79 Mar. 287194 Mar. 25

80 Mar. 173% Mar. 3

74% Jan. 570 Jan. 5

81 Feb. 77494 Jan. 29VerdigrisVI&W 1st g 5s_1926 M- 77% 77 83

Mobile & Birm. See South RyMobile & Ohio new g Os__1927J - D 13,000 112 Sale 113% 114% 114% 11394 Mar. 4 11434 Mar. 15 112 Jan. 311434 Mar. 151st extension g Os July 1927Q - 107 108 109 111% 108 109% 108 Feb. 10,109 Feb. 25General gold 45 1938 M- S 1,000 72 72% 75% 75 Mar. 14 75 Mar. 14 75 Mar. 141 76 Feb. 21Montgom Div 1st g 55_1947 F - A 100 102 98 102 102 Feb. 11 102 Feb. 11St Louis Division 5s_ _1927J - D 89 90 92% 90% 92% St L & Cairo gu g 4s_ __ _1931 J - J 88% 88% 88% 8894 Jan. 25 8894 Jan. 25Collat trust 4s. See Southern

Mohawk & Mal. See N Y C & IIMontana Cent. See St P M & MMorgan's La&T. See So Pac CoMorris & Essex. See D L & WNashv Chatt &St L 1st Os 19281Jasper Bch 1st gold 6s__1923McM M W & Al lst 68_1917

A - 0 J - JJ - J

1,000' 10094 10794 10794 1093/ 11094

107 108 11094 113

an% 11034 Mar. 10 11034 Mar. 10

'

10394 Feb. 26 10794 Feb. 1711034 Mar. 10 11034 Mar. 1010194 Feb. 23,10134 Feb. 23T P Branch 1st 6s 1917J - J 10194 10194

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

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

BONDSN Y STOCK EXCHANGE

Int.Per-iod.

Sales inMarch1916.

Price about PRICES IN MARCH. RANGE SINCE JAN. 1.Jan. 31916. March 1. March 31. Lowest. Highest. Lowest. Highest.

Nash Flor dr Shef. See Lou & N $ Bid. Ask. Bid. Ask.Bid. Ask. Sale Prices. Sale Prices. Sale Prices. Sale Prices.

Nat Rye Mex pr lien 430_1957Guaranteed general 45__1977

J - JA -0

1,000 50 523/8 25 94 30 50 30 Mar. 29 30 Mar. 29 30 Mar. 29 30 Mar. 29,

Nat of Mex pr lien g 434s__1926 J - J 60 let consol gold 40 1951 A - 0 79 79

N H & Derby. See N Y N H & HN J Junc'n RR. See N Y CentNewp't dr Cin B'ge. See Lou&NN 0 Mob Jr Chic let ref 55_1960 J - J 60 New Orleans Term let 4s__1953 J - J 71 75 72 70 72N Y B & Man Beach. See L IslN Y Cent RR cony deb 6s-1935 M-N 1,241,000 1133/8 Sale 1123% Sale 113% 1133% 1123/i Mar. 1 1143% Mar. 7 1123-/8 Mar. 1 1173% Jan. 13

Consol Ser A 45 1998 F - A 183,000 86% Sale 86 Sale 86 Mar. 29 88% Mar. 11 86 Mar. 29 88% Mar. 11

Ref dr imp 430 A 2013 A - 0 558,000 943/8 Sale 943/8 Sale 9438 Sale 943% Mar. 30 95% Mar. 3 9434 Mar. 30 95% Feb. 24

N Y Central & Hudson River-Gold mortgage 334s 1997 J - J 231,000 833% Sale 823% Sale 8234 823/8 823/8 Mar. 30 83% Mar. 3 8234 Mar. 30 835% Jan. 14

Registered 1997J - J 17,000 813/8 85 813/8 813% 823/2 813/8 Mar. 3 82 Mar. 18 813/8 Mar. 3 823/ Mar. 18-

Debenture gold 48 1934 M-N 392,000 9234 923% 923/8 923% Sale 923/8 Mar. 9 9234 Mar. 17 9234 Mar. 9 933. Jan. 21

Registered 1934 M-N 30-year debenture 4s___1942 J - J 91 9234 Lake Shore coil g 334s_1998 F - A 102,000, 783% Sale 7634 Sale 77 Sale 76% Mar. 1 773% Mar. 17 76 Feb. 25 793% Jan. 4

Registered 1998 F - A 13,000 77 75 763/8 75 Mar. 10 76 Mar. 9 75 Mar. 10 78 Jan. 17J P M & Co ctfs of dep____ _ _ _

---A.4,0001 84% 84% 86 88 86 88 86 Mar. 15 86 Mar. 15 843/8 Jan. 4 88 Jan. 28.

Mich Cent coil g 3346_1998 F 26,000 773/8 78 783/8 79 78% 783/8 Mar. 2 783% Mar. 18 77 Jan. 20 803 Jan. 29Registered 1998 F - A 70 76 77 79 77 78 76 Jan. 15 773 Jan. 28

Beech Creek let gu 4s__1936 J - J 18,000 963/8 96 963/8 963/8 96 963's 963/8 Mar. 22 963/8 Mar. 141963/8 Mar. 22 961 Mar. 14

Registered 1936 J - J 2d guar gold 5s 1936 J - J 100 99 100 104%

Registered 1936 J - J BchCr ex 1st gu g3%s Feb '51 A - 0 Cart & Ad 1st gu g 4s___1981 J -D 86 893/8 91 89% 91Gouv & 0 1st gu g 5s_ __1942 J -D 1013% 1043% 104% Moll dr Mal 1st gu g 4s....1991 M- S 5,000 923% 933/8 9334 94 Mar. 20 94 Mar. 20 94 Mar. 20 94 Mar. 20

N J June R gu lst 48_1986 F - A 90 90 8893/8 Feb. 2 88934 Feb. 2

NY & Harlem g 334s___2000 M-N 793/8 81 84 86Registered 2000 M-N

N Y & North 1st g 5s___1928 A - 0 1,000 1023% 105 1053% 1053/ Mar. 2 1053/8 Mar. 2 1053-4 Mar. 2 1053/8 Mar. 2

NY&Put lst con gu g 48_1993 A - 0 31,000 903/8 893/8 Sale 90% 913/8 893 Mar. 1 903% Mar. 21 893/8 Feb. 4 9134 Jan. 4

Nor & Mont 1st gu g 58_1916 A - 0 99 99 Pine Creek reg guar 6s_ _1932R W & 0 con 1st 5s_July 1922

J -D A - 0 1,000

113 103%

114% 10434 1190195131 1043/8 Mar. 29 1043/8 Mar. 29 1033% Jan. 26 10134 Feb. 25-

RW&OTR 1st g 5s_July 1918 M-N 11003/8 101 101Rutland l st cons g 4346_1941 J - J 1 81% 83% 83% Og & L Ch 1st gu g 4s..1948 J - J 79 74 Rutl-Can let gu g 4s__1949 J - J 69

St Law & Anil* 1st g 5s_1996 J - J 97 100 98 : 2d gold 6s 1996 A - 0 100 19098,051

Utica & B1 Riv gu g 4s__1922 J - J 98% 99% Lake Sh & M 5 g 3340_1997 J -D 35,000 843/8 853% 853/8 Sale 84 853/8 843% Mar, 16 85% Mar. 9 843% Jan. 20 86 Jan. 26

Registered 1997 J - D 84 Debenture gold 4s_ __1928 M- S 278,000 953/8 Sale 943/8 Sale 953/8 Sale 94% Mar. 1 953/8 Mar. 28 9434 Jan. 11 953% Feb. 14

Registered 4s 1928 M- S 9534 953's 25-year gold 4s 1931 M -N 247,000 943/8 Sale 9434 Sale Sale 94% Mar. 1 95 Mar. 10 94 Feb. 29 953/8 Feb. 18

Registered 1931Kal A & G R lst gu c 58_1938

M-NJ - J

043% 102%

9i ;,6

111001223:

94 Jan. 4 94% Feb. 9•

Mahon Coal RR 1st 5s_ _1934 1 - J 104% 106%

19061:

Pitts de L E-2dg 55_Jan1928 A - 0 2,000 100 102 Mar. 21 102 Mar. 21 102 Mar. 21 102 Mar. 21Pitts McK & Y lst gu 6s.1932 1 - J 115 115 11534 2d guar 6s 1934J - J 112% 112%

McK & Belle V 1st g 69_1918 J - J 101 1013/8 101 Michigan Central 55____1931 M- 5 105 1053/8 1053/8

Registered 1931 Q. - M 104 1043% 105 48 1940J - J 90 903's 903/s Jack L & S gold 330_1951 M- S 1st gold 334s 1952 M-N 2,000 81 813/8 8234 83 Mar. 24 83 Mar. 24 83 Mar. 21 85 Jan. 1720-year debenture 45_1929 A -0 28,000 883/8 Sale 86 893/8 873% 89% 88 Mar. 3 8934 Mar. 25 88% Jan. 3 90 Feb. 16

N Y hic & St L 1st g 48.1937 A - 0 57,000 93 Sale 943% Sale 943/s 94% 943 Mar. 1 95 Mar. 30 93 Jan. 3 95 Feb. 4

Registered 1937 A - 0 2,000, 933% Mar. 22 931 Mar. 22 9334 Mar. 22 9334 Mar. 2225-year debenture 4s_1931 M-N 30,0001 83 Sale 80 843/8 843/8 Sale 833/8 Mar. 14 841 Mar. 31 83 Jan. 3 843% Mar. 31

West Shore 1st 4s guar__2361 J - J 64,000, 93 Sale 92 Sale 913% 92% 91% Mar. 2 92 Mar. 20 913/8 Jan. 27 93 Jan. 3R istered 2361 J - J 34,0001 89 90 89% 90 893/8 Sale 89% Mar. 3 90 Mar. 25 89 Jan. 13 90 Jan. 11

N Y Lines equip 5s_ 1918 M- N 3,000,10134 102 102 102 Mar. 10 102 Mar. 10 102 Jan. 20 102 Jan. 20

Equip tr 4345 Ser P ....1924 J - J I 100 1003/8 1003/8 10Q3-/8 Jan. 25 1005% Jan. 25N Y Connect 1st gu 434s A 1953F - A 92,000 973/8 973/8 993/8 993/8 993/8 100 99% Mar. 2 0934 Mar. 28 97% Jan. 4 100 Feb.. 18-N Y de Greenwood L. See ErieN Y de Liar. SeeNYCJEHRN Y Lack & West. See D L &WN Y L Erie & West. See ErieN Y dr Long Bch. See Cent N JN Y New Haven & Hartford-Non-cony debenture 334s '54 A - 0 72 713% 713's 72 Jan. 7 72 Jan. 7Non-cony debenture 48_1955 J - J 18,000 801 81 80 803/8 803/8 80 Mar. 20 8034 Mar. 2 80 Mar. 20 813% Jan. 121'

Non-cony debenture 4s_1956 M-N 5,000 81 8178 80 84 80 8034 80 Mar. 11 80 Mar. 11 80 Feb. 29 82 Jan. 11

Convertible deben 3%8_1956 J - J 25,000 71 73 70% 72% 703% 72 71 Mar. 29 72 Mar. 28 703% Feb. 25 73 Jan. 11

Convertible deben 6s___1948 J - J 107,000 115 Sale 1143% 1153/8 115 1153% 1133/8 Mar. 2 1153/8 Mar. 30 1133/8 Mar. 2 116 Jan. 14

Harlem R& Pt Ches let 49'54 M-N 2,000 92 Sale 88 92 Mar. 1 93 Mar. 22 02 Mar. 1 93 Mar. 22B & N Y Air Line let 4s_1955 F - A Cent N E 1st guar 4s___1961Housaton RR con g 5s__1937

J - JM- N

11,000 76 821053%

81 813%1063/8 10861%

81% 813/8 Mar. 30 813% Mar. 27 813/8 Mar. 30 83 Feb. 1

N Y Prov & Bos gen 4s_1942 A - 0 N Y W'ches & B 1st 43481946 J - J 45,000 81 82 763/8 80 78 Mar. 13 79 Mar. 30 78 Mar. 13 82 Jan. 18IIN&Derby con coup 56_1918 M-N 1003%

0 17V1

New Eng RR cons 45_1945J - J Providence Sec deb 4s__1957Prov & SprIngf 1st 5s _ _1922

M- S J - J

65 64A 70 75

Providence Term 1st 48_1956 M- S N Y & Northern. See N Y CentN Y Ont & IV 1st g 4s June 1992 M- S 24,000 803/8 813% 823/8 823% 8334 Sale 82% Mar. 9 833/8 Mar. 18 803/8 Jan. 10 84 Feb. 3Reg $5,000 only___June 1992 M- S General ts 1955J -D 1,000 78 793/8 793% 793/8 78% Mar. 2 783/8 Mar. 2 70 Feb. 28 783/8 Mar. 2

N Y & Putnam. See N Y C & HN Y & Rock Beach. See Long IsN Y Susq & Western. See ErieNod Sou 1st & ref A 5s_ F - A 7,000 84 8534 82 83 79 Mar. 24 80 Mar. 13 79 Mar. 24 80 Mar. 13_1961Norfolk & South 1st g 5s__ 1941 M-N 95 97 963/8 101 96% 101 97 Jan. 4 97 Jan. 4

Norfolk dr West gen g 6s__1931 M-N 2,000 119 120 1193% Sale 1193/8 120 11954 Mar. 6 1193/8 Mar. 1 1193-6 Feb. 25 120 Feb. 17

Improvern't & ext g 6s__1934 F - A 5,0001203%1213/8 122 1213% 1213/8 Mar. 24 1213% Mar. 24 1203% Jan. 4 122 Feb. 2

New River let gold 6s..1932 A -0 1193 120 1193/8 1203/8 11934 12034 120 Jan. 19 1203/8 Feb. 17

Nor & W R,y let con g 46.1996 A - 0 154,000 938% Sale 9334 933% 933/8 Sale 933/8 Mar. 14 937/s Mar. 29 0334 Feb. 28 04 Jan. 10

Registered 1996 A - 0 923/8 ___1944Div let & gen g 4s

10-25-year cony 4s_....1932J -J -D

J 13,00056,000

89% Sale120% Sale

s90% Sale114 117

90% 90%119 122

90% Mar. 1115 Mar. 6

91 Mar. 141231% Mar. 18

897 Jan.113 Jan. 3112:13%

3 91 Jan. 25Mar. 18

10-20-year cony 4s___1932 M- S 1,000 121 114 Sale 119 122 114 Mar. 1 114 Mar. 1 114 Mar. 1 11934 Jan. 19

Convertible 43/8s 1938 M- S 161,000 1213/81223% 114 117 118 121 1193/8 Mar. 13 124 Mar. 18 1153/8 Jan. 27 124 Mar. 18

Poca C & C Joint 4s_ J -D 114,000 8978 Sale 89 893% 00 Sale 89% Mar. 7 903/8 Mar. 24 893% Mar. 7 903/8 Jan. 29 1941Col Con dr T 1st gu g 58.1922 J - J 1033% 1043% 104 103 1033% Jan. 17 10334 Jan. 17

Selo V & N E let gu g 4s_ 1989 M- N 8,000 91 92 923% 94 9234 933/8 93 Mar. 25 933% Mar. 20 913% Jan. 12 94 Feb. 11

Northern Ohio. See L Erie dr WINorth Pacific-Prior 4s___19971Q - J 556,000 03 Sale 933% Sale 9334 Sale 933/8 Mar. 28 933-4 Mar. 1 929/8 Jan. 3 9434 Jan. 28

Registered 1997,Q - J 92 923% 93 92% 923-4 Feb. 18 9334 Feb. 2

General lien gold 3s_Jan 2047Q -F 486,000 s655 Sale 663% Sale 663/8 663% 653/8 Mar. 22 669-4 Mar. 1 6534 Jan. 5 67 Jan. 31

Registered Jan 2047Q -F 65 63 66 633/8 66 St Paul-Dul Div g 4s___1996 J -D 903/8 90 903%

Registered 1996 J -D Duluth Sh Line let gu 50 1916 M- S 1003% 1003% 1003% 1003i Jan. 41 1003/8 Jan. 4

C B & Q coll tr 4s. See Gt Nor,8t P & No Pac gen g 68_1923 P - A 2,000 110 1103% 1103-/8 113 1103/8 113 1103/8 Mar. 15 1103/8 Mar. 16 110 Jan. 10111034 Mar. 16

Registered certificates 1923g - I/ 8t Paul & Duluth let 56_19311F -A 10,000 10434 1063% 1073/8 107 Mar. 27 107 Mar. 271107 Mar. 27,107 Mar. 27

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

APR.. 1916.] BONDS-STOCK EXCHANGE RECORD 27

BONDSN Y STOCK EXCHANGE

Int.Per-iod.

Sales inMarch1916.

Price aboutJan. 31916.

PRICES IN MARCH. RANGE SINCE JAN. 1.March 1. March 31. Lowest. Highest. Lowest. Highest.

Northern Pacific-(Con.)St Paul & Duluth 2d 55_1917

let consol gold 4s_ __ _1968Wash Cent Ry lst g 45_1948

Nor P Ter Co let g 6s_ __ _1933North Wiscon. See C St PM&ONor & Mont. See N Y CentralOd & L Champ. See Rutland

hlo .nd & W. See CCC&StLOregon & Cal. See Sou Pac CoOre RR & Nay. See Union PacOregon-Wash 1st & ref 45_1961Oswego & Rome. See N Y CentPacific Coast Co let g 55_1946A acific of Missouri. See Mo PacPenn RR 1st 45 real eat g_1923Consol gold 55 1919Consol gold 45 1943Consol gold 4s 1948Consol 4%5 1960Gen 4%5 1965JAlleg Val gen gu g 4s_ _1942Del RivRRBdg 1st gu g 48 '36Phila Bait & W 1st g 45_1943Sod Bay & So 1st g 55..1924Sunbury & Lewis 1st g 451936UNJRR & Can Co gen 451944

Pennsylvania Co-gu 4%5.1921Registered 1921

Gu 330 coil tr reg ctfs _1937Gu 330 coil tr ctfs B 1941Trust Co ctfs gu g 3%s_ 1916Gu g 330 tr ctfs Ser C_ _1942Gu g 334s tr ctfs Ser D..1944Guar gold 15-25-year 4s_193140-yr gu tr ctfs 4s ser E_1952Cin L&N 1st con gu g 4s_ 1942Cloy & Mar let gu 430_1935Clev & Pittss g 430 A_ 1942

Series B 4 s 1942Int reduc to 3%%_1942Series C 330 1948Series D 330 1950

Erie & P gen gu g 330 B.1940Series C 1940

Gr R&I ex 1st gu g 4%8_1941Ohio Connect 1st gu 4s_ _1943Pitts Y & Ash 1st con 59_1927ToIWV&O 1st gu 4%5 A.1931

Series B 4%s 1933JSeries C 45 1942

PCC&StL gu g 4%5SerA1940Series B guar 1942Series C guar 1942Series D 4s guar 1945Series E 334s guar g1949Series F cons 45 gu g 1953Series G cons 4s guar_ 1957Series I cons 430 gu 1963

Ch St L & P cons g 5s_ _ _1932Pensacola & Atl. See Lou&NashPoor & East. See C C C & St LPeor & Pek Union 1st g_65_1921Second gold 4%s_ _ Feb 1921

Pere Marquette-Ref 45_ _1955Refunding guar 45 1955Chic & West Mich 5s__ _1921Flint & Pere Marq g 65_1920

First consol gold 5e_ 1939Pt Huron Div 1st g 58_1939

Sag Tu & Hu 1st gu g 48_1931Philippine Ry lst 30-yr s f 4s 37J'Pine Creek. See N Y CentralPitts C C & St L. See Penn CoPittsb Clev & Tol. See Bait & 0Pitts Junction. See Bait & OhioPitts & Lake E. See N Y CentPitts MeK & Y. See N Y CentPittsb Shen & L E 1st g 5s_1940

First consol gold 5s 1943Pittsb & West. See Bait & OhioPitts Y & Ashtab. See Penn CoDowling Co gen gold 45..1997a lh Registered 1997JJersey Central coil g 45_ _1951Atl City 1st con gu g 45_1951

Qag Tusc & H. See Pere Marqt Jos & Gr Isl 1st g 45_ _ _1947

St Law & Adir. See N Y CentSt L & Cairo. See Mobile & OhioSt L Iron Mt & So. See Mo PacStLNIIIr. SeeTerltRAssn ofStLSt L & San Fr-Gen g 6s_ _1931

General gold 55 1931St L & S F RR cons g 45_1996

General 15-20-year 58_1927Trust Co ctfs of deposit_do stamped

South West Div g 5s__1947Refunding gold 4s _ _ _1951Trust Co ctfs of deposit

do stampedK C Ft S & M con g 6s_ _1928K C Ft S & M 1ty ref g 481936KC&M R&D 1st gu g 58_1929

St Louis South. See III CentralSt Louis Southw-Ist g 45_1989

2d g 48 Inc bd ctfs__Nov 1889JConsol gold 4s 19321st terml & unit 5s 1952Grays Pt Ter 1st gu g 55_1947

St Paul & Duluth. See No PacSt P Min & Man. See Gt NorthSt Paul & Nor Pac. See No PacStP&Siouxe. See C StP M & 0S A & A P 1st guar g 45_ 1943SF&NPletstg 55 1919Scioto Val & N E. See Nor & WSeaboard Air Line g 45_ _1950Stamped 1950Adjustment 5s Refunding 4s

Oct 19491959

Atl-Bir 30-yr 1st g 4s_May'33Caro Cent let cons g 49_ _1949Fla Cent & Pen let g 55_1918

let land grant ext g 55_1930Consol gold 5s 1943

Ga & Ala 1st cons 5s Oct 1045JGa Car & Nor 1st gu g 55 1929Reah & Roanoke let 5s_ _1026

A - 0 J -DQ -1V1 J - J

J - J

J -D

M-N M- SM- NM- NF - A-D

M- SF - A M- N J - J J - J M- S J - JJ - JM- S F - A M- N J - D J - DA - 0M-N M- N M- N J - J A - 0 A - 0 M- N F - A J - J J - J J - J M- S M- N J - J - J

M- S A - 0A - 0M- N M- N P - A J - D M- N F - AA - 0

Q - P M - NJ - J J JJ - D A - 0 M-N A - 0 F - A - J

A - 0 J - J

,J - J- J

A - 0J - J

J - J

J - JJ - JJ - JM-NA - 0

A - 0J - J

M- NA -0A - 0

M7 N- J

J -DJ - JJ -D

J - JJ - J

A - 0A - 0F - AA - 0M- SJ - J J - J J - J J - J- J

J - JJ - .1

$

3,000

7,000

129,000

10,0001

1,0007,000

89,000432,000459,000

5,000

15,000,4,000

1,00037,000

32,0008,000

1,000,

3,000

17,000

13,000

530,0001,0005,000

42,000

3,00029,0002,000

120,000211,00064,000 1,0001 ,

23,000,162,000'

598,000 21,000131,000

50,000;11,00041,00020,000

43,000

5,00026,000

270,00027,0002,000

12,0001,000,10334 1,000,10234 11

Bid. Ask.1013 90 92M84 913111

88 Sale

94

97% 99%103% 98 99%99% Sale10534 Sale10034 Sale9634 9994 99

92 09 9931013 1013.100% 85 86385 88993% 100%85 8685 8694 9590 89 97 1034 103) 843 843 848% 863. 86 98 99923 1023, 99 99 92 94101 10134101 101%101 943, 913 94 0434 100% 104%

11 19%11 1834 7834 102 72

63

50

108%

95 Sale9294 93% 9534 Sale94

60

108 102 Sale79

534934 Sale467 Sale

7134 Sale7366

109 1113477 Sale90

79% Sale60% 696534 Sale69 70100

1070131 Sale

82 858234 Sale68 Sale70 Sale

88348334 100

102

9934

Bid. Ask.101% 90 90

110% 111%

85% Sale

94% 95

9834 10334 98% 9998% Sale105% Sale102 Sale96 96%94% 99

92% 99% 102 10134 84% 85 99% 84 84 95 9334 9034 99 99%104% 105%104% 85% 91 85 87% 87% 98% 9992% 102% 99 99 93 10234 Sale10138 102%101% 94% 93

101% 105%

13%

72 100% 10575

60

50 55

108 108%

95 Sale93

953% Sale94

59 60

109% 110102% Sale68 48 5046% 4943% 47

71 69 Sale63% Sale110 111%75% Sale90

7834 78%64 Sale63 63%65% Sale100

66 67%101%

82% 8382% Sale66% Sale69% 71

87%87% 100 101

101103

10434

101%

Bid. Ask.101 102

90 91111 Sale

86% Sale

95 96

98% 103% 98% 99% 99%105% Sale102% Sale96% 97%95%

92% 99% 101% 102101 85% 85% 88% 99% 84 85% 95% Sale93% 90% 99 993% 104% 104% 85% 85% 85% 87% 87% 99% 92% 10434

93 98 101% 102%102 102%101% 95% 93

94 102 106%

86 14 15

83 101 105 76

68

50

107%•

943% Sale9434

9634 94

61

110% 102% Sale71 7554% Sale54 Sale52 Sale

70 75 Sale69 Sale110% 110%75% Sale

78% Sale62 6361 6364 66%100

6434 Sale101%

83% 81% 82%66% Sale70 70%

8687% 1003% 10134

101% 10334 1035/ 105

1025 10334102

Sale Prices.

9034 Mar. 15

111 Mar. 28

85% Mar. 2

95 Mar. 28

10334 Mar. 3099% Mar. 398% Mar. 110534 Mar. 30102 Mar. 196% Mar. 2

1013% Mar. 3010234Mar.101 Mar. 21

85% Mar. 49534 Mar. 27

10234 Mar. 11023410234 Mar. 15

102 Mar. 7

87 Mar. 10

15 Mar. 7

50 Mar. 3

9434 Mar. 2395 Mar. 295% Mar. 1

59 Mar. 2

110 Mar. 610234 Mar. 2868% Mar. 64534 Mar. 1346 Mar. 184334 Mar. 11

89 Mar. 226734 Mar. 1068 Mar. 2461 Mar. 7110 Mar. 2775 Mar. 27

78% Mar. 362% Mar. 3613% Mar. 1765% Mar. 1

623% Mar. 15

84 Mar. 138234 Mar. 3065 Mar. 1070 Mar. 1186 Mar. 16

103 Mar. 10,103%103 Mar. 2'103103 Mar. 30 103

Sale Price..

9034 Mar. 15

11134 Mar.

863% Mar. 10

9534 Mar. 17

10334 Mar. 301993% Mar. 2819934 Mar.106 Mar.10234 Mar.963% Mar. 16

1510134 Mar. 21

85% Mar.9534 Mar. 31

Mar. 310234 Mar. 16

102 Mar. 7

87 Mar. 10

15 Mar. 7

51 Mar. 4

95% Mar. 695 Mar. 29634 Mar. 30

.5934 Mar. 16

noq Mar. 101023% Mar. 1683% Mar. 135434 Mar. 3154 Mar. 3152 Mar. 3189 Mar. 2271 Mar. 375 Mar. 31'69 Mar. 3111034 Mar. 976 Mar. 10

79 Mar. 1364 Mar. 1I63 Mar. 366% Mar. 8

66 Mar. 9

8434 Mar. 2083 Mar. 167 Mar. 1771 Mar. 2286 Mar. 16

Mar. 30Mar. 2Mar. 30

Sale Prices.

90 Feb. 90 Jan. 27

6 111 Mar. 28

85% Mar.

93 Feb.

983% Feb. 1010334 Mar. 309834 Feb. 19

8' 9834 Feb. 2981 1053% Mar. 303 1003% Jan.

9234 Feb. 14 96 Jan. 31

993-4 Jan. 29101 Jan.101 Mar. 21

86% Jan. 85 Jan. 9934 Jan. 14

4 85 Jan. 119434 Jan.

9334 Jan. 24

1043% Feb.

98% Jan.

9334 Jan. 101013 Jan. 410134 Jan. 5

95 Jan. 15 92 Feb. 2

10134 Jan. 7

87 Mar. 10

14 Jan. 31 83 Feb. 26

74 Jan. 15

50 Jan. 11

94% Jan. 392% Jan. 495 Jan. 20

59 Feb. 18

109 Jan. 17102 Jan. 368% Mar. 6453% Mar. 134634 Feb. 294334 Feb. 1589 Mar. 226734 Mar. 106234 Feb. 1661 Mar. 710934 Jan. 2875 Mar. 27

7834 Jan. 2862 Feb. 146134 Mar. 1765 Jan. 19

623% Mar. 1510134 Jan. 3

8234 Jan. 2582 Jan. 1365 Mar. 1070 Jan. 386 Mar. 16

103 Feb. 3103 Mar. 2103 Jan. 6

Sale Prices.

8 9034 Mar. 159034 Feb. 1011134 Mar. 6

2 88 Jan. 3

3 a96 Feb. 11

9834 Feb. 1010334 Mar. 309934 Mar. 28100 Jan. 41068% Feb. 17

3 10274 Feb. 149674 Mar. 1696 Jan. 31

9934 Jan. 294 10234 Mar. 1510134 Mar. 21

6 86% Jan. 65 85 Jan. 510034 Jan. 17

8534 Mar. 47 959-4 Mar. 31

9334 Jan. 24

1 10534 Feb. 9

5 98% Feb. 8

9334 Jan. 1010234 Feb. 251025% Mar. 16

9534 Jan. 2892 Feb. 2

1023% Feb. 16

87 Mar. 10

15 Mar. 783 Feb. 26

75 Feb. 23

51 Mar. 4

9634 Jan. 2595 Mar. 29634 Mar. 30

60 Jan.

now, Mar. 101033% Feb. 1170 Feb. 265434 Mar. 3154 Mar. 3152 Mar. 3189 Mar. 227234 Jan. 1075 Mar. 3169 Mar. 3111034 Feb. 1877 Jan. 3

80 Jan. 464 Mar. 16534 Jan. 1870 Jan. 11

70% Jan. 710134 Feb. 10

8434 Mar. 2083% Feb. 770 Jan. 18713% Jan. 1786 Mar. 16

10334 Mar. 301033% Jan. 19103 Jan. 8

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

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

BONDSN V STOCK EXCHANGE

Int.Per-iod.

Sales inMarch1916.

Price about PRICES IN MARCH.-

RANGE SINCE JAN. 1.

Jan. 31916. March 1. March 31. Lowed. Highest. Lowest. Highest.

Sher Shr & So-See Mo K dr TSil Sp 0 dr G-See Atl Coast LSou Caro & Ga-See SouthernSouthern Pacific Co-

40 g Cent Pac coll__Aug 1949 JConvertible 48 --June 1929Convertible 5s 1934 JCent Pac let ref gu g 48-1949

Registered 1949Mtg gu g 338___Aug 1929 JThrough St L 1st gu g 48'54

Gal H dr San Ant lst 58_1931Gila V G & N 1st gu g 5s 1924H E & W T 1st g 5s 1933

1st gu g 5s redeem 1933H&TexC 1st g 5s int gu_1937 JGen gold 4s, int guar_1921Waco &N W 1st g 613_1930

A dr N W 1st gu g 5s 1941 JLouisiana West 1st 6E1_1921 JMorgan's La & T 1st 78_1918

First gold 6s 1920Nor of Cal gu gold 5s 1938Ore Sr Cal 1st gu g 5s 1927So Pac of Cal lsticons 58 1937S P Coast 1st gu g 4s 1937Ban Fran Term 1st 4s 1950Tex & N 0 cons g 5s___1943So Pac RR 1st ref gu 48_1955

Southern-lst cons g 513_1994Devel & gen 4s, Ser A__1956Mob & 0 coil tr g 4s____1938Mem Div 1st g 43%-58_1996St L Div 1st g 48 1951Ala Cent RR 1st g 6s 1918Ala (It Sou 1st cons A 5s 1943AU dr Char AL 1st A 43%s '44J

1st 30-yr 5$ Ser B__ _ _1944All & Danv 1st g 4s 1948Second 48 1948

Atlan & Yad 1st gu g 45_1949E T Va & Ga div g 58_1930Cons 1st gold 58 1956

E Ten reorg lien g 5s 1938Georgia Midland 1st 38_1946Ga Pac Ry 1st g 6s 1922Knox & Ohio 1st g 6s 1925Mob & Birm pr lien g 58_1945Mortgage gold 4s % _ 1945

R & Danv Deb 5s stpd 1927Rich & Meck 1st g 4s___1948So Car & Ga 18t g 58____1919Va Mid-Series D, 4-59_1921

Series E, 5s Series F, 5s

19261931

Virginia Mid, gen 5s 1936Vs & S W 1st gu 5s 2003

First cons 50-year 58_1958W 0 & W 1st cy gu 4s 1924

Spokane Internat 1st g 58_1955

Ter Assn of St L 1st g 4%8 1939First cons g 55 1894-1944

Gen ref s f gold 48 1953St L M Br Ter gu g 5s 1930

Texas & Pacific 1st g 58_2000_hSecond g Income 5s___2 , 000

La Div B L 1st g 5s 1931WM W&N W lstgu 581030

Tol & Ohio Cent-lst g 58_1935Western Div 1st g 5s 1935General gold 5s 1935Kan & M 1st gu g 4s 1990Second 20-year 5s 1927

Tol Peer & W let gold 49::1917JTol St L & W-Pr I g 3%8_1925

Fifty-year gold 4s 1950Coll trust 48 g Ser A 1917

Ter H dr B 1st g 4H_July 1946i Pater & Del lst con g 58_1928I./ First refund g 4s 1952Union Pac RR dr Id gr g 48_1947

Registered1 194720-year cony 4s 1927First dr refund 4sJune 2008Ore RR & Nav con g 4E3_1946Ore Sh Line 1st g 6s 1922

First consol gold 5s 1946• Guar refund gold 4s 1929

Utah dr Nor gold 5s____1926let extended 4s 1933J

Vandalla consol g 4s 1955Consol 4s, Series B1957

Vera Cruz & P 1st gu g 4%81934Virginian let 58 series A 1962Wabash 1st gold 58 1939

Second gold 58 1939Debenture Series B 68_1939let lien equip s f g 5s 1921let lien 50-yr g term 48_1954Bet & Ch Ex let g 5s 1941Des Moines Div let g 15_1939Omaha Div let g 3%8_1941Tol tic Chic Div 1st g 48_1941

Wabash-Pitts Ter 1st g 48_1954Cent Tr & Old Col Tr ctfs_ do do 1st asst paid_

Columbia Trust Certfs Col Tr Ctfs for Cent Tr Ctfs_ Second gold 45 1954

Trust Co ctfs of depositWash Term 1st gu 3%8_1945

18t guar 40year 4s 1945West Maryland 1st g 4s 1952West N YOr Pa 1st g 5/3_1937General gold 48 1943Income 5s 1943

Wheel dr L Erie-1st g 58 1926Wheeling Div 1st g 5s 1928Exten dc imp gold 5s 1930

Wh tic L E RR Is con g 48_1949equip 8 f g 58 1922

w_inston-Salem S B 1st 45_1960Wiecon Cent 1st gen g 4s 1949Sup & Dul My dr ter ist 4s_ 1936

- DM- S-D

F - AF - A -D

A -0M-N M- N M-NM-N- J

A -0 M-N - J - J

A - 0 J - J A - 0 J - JM- N J - J A - 0J - J.1 - JJ - JA - 0M- SJ - JJ - JJ - J J - D- J

J - JJ - JJ - JA -0 J - JM- NM- SA - 0 J - JJ - JJ - J J - J A - 0M- N M-NM- 8 M- SM- S M-NJ - J A - 0 F - A J - J A - 0F - AJ - .jA -0 J -DMc J - J F - A J - J A - 0J -DA - 0J - J- J

J - JA - 0F - AJ -DJ -DA - 0 J - JJ - JJ - JM- SJ -DF - AJ - JJ - DJ - J- J

F - AM- N J - J M-NM-NF - AJ - J M- 8J - J J - JJ - J A - 0 M- 8J -D

J -D

F - AF - A A - 0J - JA - 0Nov A - 0J - JF - AM- SJ - J J - J J - JM- N

8

71,000964,000693,000439,000

28,0001,000

11,0002,0002,000

44,000

55,000

586,000254,000502,00018,00011,0002,000

2,000 3,000 2,000 10,00016,000

3,0007,0003,000

1,0001,000

1,000

7,000

1,000

3,000

6,0002,00019,000

57,000

7,000,1,000, .4,000 1,000

11,000,16,000,3,0004,000,8,000

525,0003,000

172,000714,000;48,000'8,00013,000

282,0001,0005,0002,000

153,00061,00075,000

10,000

2,000

1,00044,00060,000

2,000

1,0001,000

10,000

184,0007,0001,000

6,00011,0003,00036,000

61,0004,000

Bid. Ask.

863% Sale893% Sale107% Sale903% Sale

893% 90863% 87

105

100% 101 102%106% 93%

111100

1043% 108104% 106105 1023% 102%106 92 853% Sale

cmq Sale102% Sale713% Sale72 781023% 1023%833% Sale100%

99983%

83% 84%74% 74 81103 105 98 10156 60 1063% 1073%

72102

101% 102%

101% 102 102% 1023% 10389 92%93 92 9598% Sale103

87

95 Sale23 3588 92

95 102% 102%

10085

98% Sale60 6383 84% 573% 5816 83% 100% 101%

1897% Sale

93% Sale90 Sale92 8 Sale108% 106 Sale92% Sale102% 102%93% 9990 90 93

87 97% Sale103% Sale983% 983%

93% 65 103

763%71 2% Sale2 Sale

1% 2%1% SaleA %% Sale

83% 84%92 723% Sale103% 10481% Sale35 102 Sale95 99% 943% 70% Sale

87% 8887 Sale

893%

Bid. Ask. Bid,

86 86%873% Sale104 Sale 1043%903% Sale

90 Sale85 863%101 103 102100 100% 101% 101% 101% Sale106 Sale95% 110 100 100

103% 105%104% 105%

1013% 1021073% 92 853% 86

9790% Sale103 Sale713% Sale76 78103 1033% 823% 83103 99 99%96 98

83% 843%80 76 811043% 105106 11003% 1013%

60 4073%

109% 110%100% 68 72103 8

68 101% 1023%

101% 104%101% 104% 104% 102% 10388 8993 00 99%

87%100 101%96 9735 36

88 95

103% 102 102%93 9582% 8798% 98%55 60

82%59 59%18% 82% 84 100% 10280

. 97% Sale

93% 93%903% Sale92 Sale1083% 107 93% 933%1023% 95 953%91 Sale91

87 98% Sale104 Sale98% 98%70 11096% 70 103 70 72 75713% 871% 2%1 13%

123% 2 31 2%3% %% %

833% 93% 72 Sale104% 104%84%

99 10297

94% 69 70

86% 873% Sale

Ask.

86 87873% Sale

Sale903% Sale

893% 853%103

102106

110 96 96%

105 104% 105%104% 105%

108 102 1033%1073% 92 853% 85%

903% Sale1023% Sale7034 Sale763% 77

1023%813% 823%103 98 99%

95 1033% Sale

84% 843% 8276 79% 1043% 1053%

1003%60

1093% 109%

100 % 110093:

68

68 1013% Sale110004218

104% 103 87 89% 94 90 99% 100%

104 105%86% Sale100% 101% 97 Sale35 40

88 95

1033% 102 102%93 100823% 84%96 50 60 79% 8156 56%18%

85%100% 10175% 07% Sale

95 96%93 Sale90% Sale92 92%108% 109107% 107%93 Sale102 10390 10091%

91% 87

98% Sale104% Sale98 9970 110 96% 70 104% 10770% 73 74 2%; 811,5

1% 1412%

1% 31 1% A %% %

85 933% 75 Sale104% 10584% 86%25 100% 10295% 9896% 9769% Sale

8620-yr 87% 8634 87%

88 80

Sale Prices.

86 Mar. 486% Mar. 11033/a Mar. 190 Mar. 1

893% Mar. 25843% Mar. 21

101% Mar. 23101% Mar. 1106 Mar. 1

101% Mar. 30

853% Mar. 30

903% Mar. 28102 Mar. 21703% Mar. 31763% Mar. 271023% Mar. 1883 Mar. 11

98% Mar. 23953% Mar. 27103% Mar. 31853% Mar. 2881 Mar. 11

1043% Mar. 301053% Mar. 281003% Mar. 28

1073% Mar. 31073%109% Mar. 6

103% Mar. 14

101 Mar. 291013%

102 Mar. 3

104% Mar. 81053%

99% Mar. 221003%1053% Mar. 1486% Mar. 31

96 Mar. 2

102% Mar. 1693 Mar. 2283 Mar. 1098% Mar. 25

78% Mar. 1356 Mar. 2018% Mar. 2983 Mar. 9100% Mar. 4101%

97% Mar. 195 Mar. 2293 Mar. 2489% Mar. 1,91% Mar. 15106% Mar. 30107 Mar. 392% Mar. 30102 Mar. 1395 Mar. 791 Mar. 1

98% Mar. 1104 Mar. 198 Mar. 30

96% Mar. 20

103% Mar. 2

84 Mar. 20

1% Mar. 4

2 Mar. 7

% Mar.% Mar. 17

84 Mar. 14

72 Mar.104% Mar. 2983% Mar.

99 Mar.96% Mar. 1097 Mar.69 Mar.

86% Mar. 2888% Mar. 21

Sale Prices.

873% Mar. 17883% Mar. 161053% Mar. 1191 Mar. 3

91 Mar. 2843% Mar. 21

1023% Mar. 16102% Mar. 21106 Mar. 1

1023% Mar. 16

853% Mar. 3

903% Mar. 8103 Mar. 1723% Mar. 11763% Mar. 24103 Mar. 383 Mar. 14

98% Mar. 2395% Mar. 291033% Mar. 31853% Mar. 28813% Mar. 24

1043% Mar. 2106 Mar. 10,1003% Mar. 28 1

Mar. 3109% Mar. 6

103% Mar. 14.

Mar. 31

102 Mar. 3

Mar. 13

Mar. 23105% Mar. 14874 Mar. 6

97% Mar. 29

102% Mar. 1693 Mar. 2284 Mar. 898% Mar. 25

78% Mar. 13577% Mar. 1618% Mar. 2986 Mar. 13

Mar. 6

971% Mar. 1095 Mar. 2093 Mar. 391 Mar. 792 Mar. 1010834 Mar. 16107 Mar. 393% Mar. 10102 Mar. 1395 Mar. 791 Mar. 1

98% Mar. 30105 Mar. 17993% Mar. 10

96% Mar. 20

103% Mar. 2

84 Mar. 202% Mar. 32 Mar. 7

2 Mar. 7

3 % Mar. 3% Mar. 17

843% Mar. 27

1 75 Mar. 31104% Mar. 28

9 83% Mar. 9

6 101 Mar. 2097 Mar. 14

9 97 Mar. 98 70 Mar. 29

87% Mar. 189 Mar. 6

Sale Prices.

86 Feb. 1186% Mar. 11033% Mar. 190 Jan. 3

893% Jan. 12843% Mar. 21

100% Jan. 29101% Mar. 23101% Mar. 1106 Mar. 1

94% Jan. 14

104% Feb. 11 105 Jan. 11

101% Mar. 30

85 Jan. 4

90 Jan. 4102 Mar. 21703% Mar. 3175 Jan. 101023% Mar. 1882% Feb. 29

19082u% Mar.

22:63

95% Mar. 271033% Mar. 31853% Mar. 2879% Feb. 14

103 Jan. 1210538 Feb. 899% Feb. 157 Jan. 51073% Jan. 14108 Jan. 5

1033% Mar. 14

101 Mar. 29

102 Mar. 3

103 Jan . 10 102 2 Jan. 26 89% Feb. 9

93 Jan. 10983% Jan. 31003%103% Jan. 1786 Jan. 7

95 Jan. 3 35 Jan. 21 90 Jan. 14

103 Jan. 20$102 Jan. 2593 Mar. 2283 Mar. 10ri% ii,aerilj: n

78% Mar. 1.356 Mar. 2018% Mar. 298:3 Mar. 9100% Mar. 4101%

97% Feb. 2995 Mar. 2293 Mar. 2489% Mar. 1190% Feb. 25100% Mar. 30106 Jan. 3107%923% Jan. 4102 Mar. 1395 Mar. 791 Mar. 1

97% Jan. 3103% Jan. 498 Feb. 23

96% Jan. 28

103 Jan. 4

84 Mar. 201% Jan. 281 Jan. 27

11% Jan. 271 Jan. 281 Feb. 25

lifiJan.i 3 2:1

83% Jan. 17

71 Jan. 31103% Jan. 481% Jan. 3

98 Feb. 196% Mar. 1097 Mar. 969 Mar. 8

865/ Jan. 2486 Jan. 31%88% Mar. 21

Sale Prices.

88 Jan. 1189% Jan. 13107% Jan. 1491 Jan. 26

91 Mar. 286% Jan. 6

100% Jan. 31102% Feb. 9103% Jan. 21106 Mar. 195% Feb. 4

104% Feb. 21105 Jan. 11

102% Jan. 4

86 Jan. 11

91 Jan. 211033% Jan. 18733% Jan. 2478 Jan. 7104 Feb. 18843% Jan. 31023% Feb. 199 Feb. 1096 Jan. 311033% Mar. 31853% Mar. 2881% Feb. 17

1013% Mar. 2106 Feb. 251013% Feb. 1860 Feb. 31073% Jan. 31110% Feb. 24

1033% Mar. 14

102 Jan. 24

102 Mar. 3

105% Mar. 1310:3 Feb. 1790% Jan. 19

93 Jan. 10Mar. 23

106% Feb. 388 Jan. 14

97% Mar. 2935% Jan. 2490 Jan. 14

103% Feb. 16102% Jan. 1793 Mar. 2284 Jan. 20g91 Feb.n B.83 Jan. 1460 Jan. 14183% Mar. 2986 Mar. 13

Mar. 6

98% Feb. 297% Feb. 1194% Jan. 2691% Feb. 292% Jan. 27109 Feb. 21

Feb. 2894 Jan, 15102 Mar. 1395 Mar. 791 Mar. 1

983% Feb. 19105 Feb. 16100 Jan. 12

96% Mar. 20

103% Mar. 2

87 Feb. 104% Jan. 203% Jan. 1813% Jan. 283% Jan. 183% Jan. 17% Jan. 8% Jan. 5

84% Mar. 27

75 Mar. 31105 Feb. 1784 Feb. 25

102 Jan. 3no Jan. 1297 Mar. 972 Feb. 4

86 Jan. 24 8734 Jan. 1590% Jan. 28

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

APR., 1916 BONDS-STOCK EXCHANGE RECORD 29BONDS Int. Sales in Price about

Per- March Jan. 3PRICES IN MARCH. RANGE SINCE JAN. 1.

Ai V STOCK EXCHANGE iod. 1916 1916. March 1. March 31. Lowest. , Highest. Lowest. 1 Highest.Street Railway Bonds $ Bid. Ask. Bid. Ask. Bid. Ask. Sale Prices. 1 Sale Prices. Sale Prices , Sale prseds.Brooklyn Rap Trans g 5s__1945 A - 0 9,000 1035% 1033% 103 1033410234 Sale 10234 Mar. 30 103 Mar. 6 1025% Mar. 30,10334 Feb. 479% 80% 79% 81 79% Jan. 28 81 Feb. 3

1st refund cony g 4s____2002 J - J 6-year secured notes 5s_1918 J - J 313,000 1003/8 Sale 1003/8 Sale 101 Sale 10034 Mar. 111015% Mar. 27 10034 Jan. 31015% Feb. 14Bklyn City let con 5s '16-'41 J - J 5,000 1008% 102 10134 Sale 1013'4 1013/g 10034 Mar. 2 1013/8 Mar. 2 10034 Mar. 2 10134 Jan. 17Bklyn Q Co & S gu g 50'16241 M-N 94 94 Bklyn Q Co & S 1st 5E1_1941 J - J 98 Bklyn Un El 1st g 4-5s__1950 F - A 34,000, 100 Sale 1015% 10134 Sale 1013/8 Mar. 3 10234 Mar. 25 100 Jan. 3 1023/8 Mar. 25Stamped guaranteed_1950 P - A 29,000 100 1033/s 10134 102 1017/s Sale 1013/è Mar. 31 10234 Mar. 29 10034 Jan. 26 1025% Mar. 29Kings Co El 1st g 45____1949 F - A 14,000 83 84% 8434 8434 87 845/s Mar. 7 8634 Mar. 17 833/8 Jan. 11 8634 Mar. 17Stamped guaranteed_1949 F - A 13,000 83 Sale 84% 8434 8434 8634 8434 Mar. 2 8634 Mar. 22 83 Jan. 3 8634 Mar. 22Nassau Elec guar gold 4s 1951 J - J 8,0001 75 753/8 76 7634 7634 7634 76 Mar. 3 7634 Mar. 22 75 Jan. 14 76% Jan. 31Chicago Rys—lst 55 1927 F - A 101,000, 97 9734 98% Sale 9734 Sale 9734 Mar. 31 983/8 Mar. 1 97 Jan. 7 9834 Feb. 25Conn Ry & Lt—lst g 4%8_1951 J - J

993/8 Jan. 19 9934 Jan. 19Stamped guar 434s 1951 J - J 1 99% 10034 10034 Dot United let cons g 4%s_193` J - J 122,000' 743/8 77 7634 Sale 993/8 7634 Mar. 1 78 Mar. 30 745% Jan. 7 78 Feb. 10

Ft Smith Lt & Tr 1st g 5s_1936 Al- S 773/8 78 Grand Rap Ry 1st gold 5s_1916 J -D 100 100 Havana Elec lty cons g 55..1952 F - A 27,000, 87 Sale 87 100 8934 Mar. 6 94 Mar. 15 87 Jan. 3 94 Mar. 15Hudson & Manhat ser A bs 1957 F - A 214,000 743/8 Sale 7334 Sale 9234 73 Mar. 27 733% Mar. 15 73 Jan. 27 7.534 Feb. 21Adjust income 5s 1957 192,0001 31 Sale 3034 Sale 734 73% 30 Mar. 28 3034 Mar. 3 30 Jan. 27 3134 Feb. 14N Y Sc Jersey 1st bs____1932 F - A 2,000, 10034 101 Sale 30 3034 101 Mar. 1 101 Mar. 1 101 Feb. 29 102 Jan. 28

Inter-Metrop coil 4%s____1956 A - 0 338,0001 7634 Sale 73 Sale 101 73 Mar. 1 74 Mar. 17 73 Feb. 281 765% Jan. 6Interboro R T 1st & ref 53-1966 J - J 1,014,0001 993-4 Sale 995% Sale 7334 7434 9934 Mar. 1 993/8 Mar. 29 9934 Jan. 20 9934 Feb. 14Manhat Ry (NY) con g 48 1990 A -0 8,000, 9134 Sale 92 9934 Sale 92 Mar. 29 9234 Mar. 8 91 Jan. 14! 9234 Feb. 24Stamped tax exempt A - 0 77,000; 9234 Sale 9234 9234 91% 9234 9234 Mar. 4 9334 Mar. 27 92 Jan. 171 9334 Mar. 27Manila Elec 1st & coll 5s__1953 M- S 1,000, 95 95 9234 9334 845% Mar. 4 845% Mar. 4, 815% Mar. 41 845% Mar. 4Met St—B'y & 7th Av 5s__1943 1 - D 17,000; 9834 Sale 100 Sale 9934 Mar. 1 100 Mar. 11 9834 Jan. 3 10034 Feb. 15Col & 9th Av 1st gu g 55_1993 M- S 3,000, 993/8 100 100 10034 97 100 100 Mar. 10 100 Mar. 10, 100 Jan. 18 100 Jan. 18Lox Av & P F 1st gu g 5s 1993 M- S 11,000; 100 10034 101 100 10034100 Mar. 29 10034 Mar. 2 9934 Jan. 11 101 Feb. 14 1100 100% 1 Met W S Elev Chic 1st 48..1938 F - AMil El Ry & L cons bs ___1926 P - A 1,000

1102 1015% 10234 Mar. 14 10234 Mar. 14 101 Jan. 6 10234 Mar. 14

_, Refunding Sc ext 4%s___1931 J - J 1 92 93%

1102% 1 Minn St IV 1st con g 5s-_ 1919 J - J 3,000, 100 10034 Sale 933-4 10034 Mar. 110034 Mar. 1 10034 Mar. 1 10034 Mar. 1

Mont Tram 1st & ref A 5s_1941 J - J 4,000, 95 9334 95 101 9374 Mar. 23 95 Mar. 2 9334 Mar. 23 95 Mar. 2N Orl Ry & Lt gen 434s ___1935 J - J 1,000, 85 85 9234 91 80 Mar. 7 80 Mar. 7 80 Mar. 7 80 Mar. 7New York Rys 1st (lc ref 48 1942 J - J 512,000, 7334 743% 7634 Sale 83 85 753% Mar. 24 773-4 Mar. 3 7334 Jan. 5 7834 Feb. 11Adjustml income .55._ _1942 A - 0 1,683,000 5034 Sale 60 Sale 7734 Sale 593/8 Mar. 1 6334 Mar. 30 55 Jan. 3 635% Feb. 10

N Y State Rys 1st cons 43-4s '62 M- N 7,000 83 855% 865% Sale 6234 Sale 865% Mar. 1 8834 Mar. 9 8534 Jan. 24 8834 Feb. 23Portland Ry 1st dr ref 58_1930 M-N 1,000, 943/8 96 94 9434 86 873-4 94 Mar. 16 94 Mar. 16 94 Mar. 16 9434 Feb. 25Port Ry L & P cony 5s___1042 P - A 1 80 80 9334 9434 St Jo Ry Lt H & P 1st g 58..1937 M- N 1,000, 80 95 Mar. 31 95 Mar. 31 95 Mar. 31 95 Mar. 31St Paul C Cable cons g 58_ _1937 1 - J 1 05 Sale Third Ave let ref 45 1960.1 - J 198,000 82 83 82 8234 81% Mar. 10 83 Mar. 27 813% Mar. 10 835% Jan. 8Adjustment income 5s__1960 A - 0 261,000 8034 Sale 8334 Sale 823% Sale 8334 Mar. 1 8434 Mar. 30 80 Jan. 3 843% Feb. 2

Third Ave RR 1st gold 55.._1937 J - J 2,000 107 1073-4 107 84 Sale 1063/8 Mar. 28 106 Mar. 28 106 Jan. 20 1075% Jan. 10Tr -City Ry & Lt 1st s f 58_1923 A -0 79,000 9934 100 100 Sit 11 0006% 107% 100 Mar. 11005% Mar. 23 983% Jan. 8 100% Mar. 23Undergr'd of London 4;0_1938 J - J 1 94Income Os 1948J - J 68 Sale 84 94 68 Jan. 3 69 Jan. 21Un Rys Inv-5s Pitts iss__1926 M-N 705% 733/8 84 74 Feb. 19 74 Feb. 19United Rys St L 1st g 4s__1934 J - J 12,000, 625% 70 62 7334 61 Mar. 10 62 Mar. 10 61 Mar. 10 62 Mar. 10St Louis Tran gu iinp bs_1924 A - 0 1 69 6934 57 62 57 Feb. 23 5974 Jan. 18

United Rlts San Fr s f 45_ _1927 A -0 244,000, 453-4 Sale 44 Salo 55 413% Mar. 22 45 Mar. 15 413% Mar. 22 463% Jan. 17Virginia Ry & Pow let 58-1934 J - J 25,0001 91 Sale 90% 91 42 425% 90% Mar. 21 91 Mar. 23 9034 Mar. 21 92 Jan. 6Oas 6c Electric Light Cos

905% 91Bklyn Un Gas Co lst c g bs 1945 M-N 13,000 10134 1053% 106 106% Sale 25 Jan. 27 25 Jan. 27

1053% Mar. 101065% Mar. 31 105 Jan. 51065% Mar. 31Buffalo City Gas 1st 5s___1947 A - 0 Consolidated Gas cony Os_1920 Q - F 202,0001 126% Sale 120 Salo 122 Sale. 120 Mar. 112234 Mar. 30 120 Mar. 1 1263a Jan. 3Detroit City Gas Cog 5s--1923 J - J 15,000, 101 Sale 101% Sale 10134 102 10134 Mar. 25 1013% Mar. 1 101 Jan. 3 10234 Jan. 27Detrolt Gas 1st cons g 5s_ _1918 11 - A ! 09 9834 991

101y,Detroit Edison Co 1st 58_1933 J - J 10,000 1035% 1035% 103 Mar. 111035% Mar. 2 103 Mar. 111045% Feb. 21

let & ref .5s Series A.. _ _1940 M- S 1,0001 100% 1.8g% 101 101 Mar. 9 101 Mar. 9 101 Mar. 9 10134 Feb. 18Eq Gas L Co N Y con g 59_1932 M- S Gas & El Co of Bergen Co bs '49 J -D 100100 Hudson Co Gas 1st g 5s___1049 M-N 4,000 102 ARO % 103% 103 1033% 1035% Mar. 7 1033-4 Mar. 21 10334 Mar. 7 103% Mar. 21Kansas City, Mo, Gas 5s__1922 A - 0 91 1

103 104% 104 104% 91 Jan. 18 91 Jan. 18

Kings Co E L & P g 5s____1937 A - 0 102% 105 Feb. 24 105 Feb. 24

Purchase money Os 1997 A -0 10,000, 115 12034 117 1204 1173-4 Sale 1163/8 Mar. 20 11734 Mar. 31 11434 Jan. 31 11734 Mar. 31Convertible deb Os 1922 M- S 1 118 125 Convertible deb Os 1926 M- S 1,0001 125 128 126 129 126 130 126 Mar. 9 126 Mar. 9 126 Mar. 9 128 Feb. 3Ed El IIII3kn 1st con g 4s.1939 J - J 6,000, 8634 88 Sale 88 88 Mar. 1 88% Afar. 15 88 Feb. 24 88% Mar. 15

Lac Gas L let g 5s___May 1919 Q - ii. 18,000, 10138 Sale 101% 102 1013% 102 1013% Mar. 17 102 Mar. 25 1018% Feb. 24 102 Jan. 21Refund & ext 1st g 5s___1934 A -0 20,0001 10134 102 102 1017% 1015% Mar. 28 1025% Mar. 7 10034 Jan. 8 1025% Mar. 7

Milwaukee Gas Lt 1st 4s...1927 M-N 7,000, 92 9234 93 Sale 9234 93 93 Mar. 1 93 Mar. 3 9134 Feb. 3 93 Feb. 16Newark Cons Gas cons 5s g 1948J - D 1,000 1033/8 10334 104 1033% Mar. 81033% Mar. 8 10334 Mar. 81033% Mar. 8N Y Gas El Lt H Sc P 58_1948 J - D 67,000 1043/8 105 103 Sale 105 Sale 105 Mar. 1 10534 Mar. 29 10434 Jan. 6 10534 Feb. 21Purch money coil trg 48_1940 F - A 115,000, 8434 85 86 8634 86% 86% 86% Mar. 3 87 Mar. 16 85 Jan. 4 87 Feb. 23Ed El 111 lst cons g 5s___1995 J - J 3,000' 1073-4 108 Sale 10834 110 108 Mar. 1 109 Mar. 22 108 Mar. 1 109 Mar. 22

NY&QE1L&Plstcg5s1930 F- A 1003% 100 10034101 1013% Jan. 22 10134 Jan. 22Pacific G Sc Elec—Cal G Sc ECorp unifying Sc ref 58 __1937 M- N 126,000 98 Salo 98 085% 99 Salo 985% Mar. 10 100 Mar. 24 973% Jan. 29 100 Mar. 24

1110014:3!

Pacific Pow Sc Lt 1st Sc ref Ss '30 F - A 91 93 93 Feb. 17 93;4 Feb. 17Paterson Sc Passaic G&E5s1949 Al- S 10034

2,000, 113 115 101% People's Gas Sc 0-1st 6s__1943 A -0 115 114% Mar. 14 1145% Mar. 6 114% Mar. 14 115 Jan. 25

Refunding gold 5s 1947 M- S 11,000 1025% 102% 101 101% 101% 10134 101% Mar. 1810134 Mar. 7 101% Mar. 18 1023% Jan. 5102% 103 1021 Ch Gas L & C 1st gu g bs 19371 - J 104 102% Jan. 1010234 Feb. 18Consum Gas Ch 1st gu g bs'36 J -D 101 101 101 Jan. 10 101 Jan. 10Ind Nat Gas & Oil ref 5e.1936 M-N 93 Mut Fuel Gas let gug 5s1047 M- N 1,000 10034 1003% 1003% 1003% Mar. 24 1003% Mar. 24 10034 Jan. 29 1003% Mar. 24

Phila Co cony deb 5s 1019 F - A 96 98 983/8 Cony deben 5s g 1022 Al-N 50,000 88 97 93 9334 92;4 Sale 92 Mar. 15 9334 Mar. 3 s9634

jALnr.. LI 896 q Jan. 49334 Feb. 19

Stand Gas & El cony 8 f 6a_1926 J -D 36,000 98;4 Sale 993% Salo 101% Sale 99% Mar. 110134 Mar. 31 98% Jan. 310134 Jan. 17Syracuse Ltg Co 1st g Ss.... 1951 J -D 1100 1100 100 9934 Jan. 12 1003-4 Jan. 24Syracuee Lt & Pow s f 5s_ _1954 J - J 84 84 84 Union El L Sc P 1st g 5s__1932 M- S Refund bs 1933 Al-N Utica Elec L & P lst s f 5s g 1950 J - J I 10234 10234 Utica G Sc El ref Sc ext bir__1957 J - J 1 Westchester Light gold Os_1050 J - D 5,000 1033% 10434 10434 105 1043-4 Mar. 3 1043/8 Mar. 3 10434 Feb. 18 105 Feb. 24Miscellaneous Bonds

1Adams Express coil tr g 48_1948 M- S 18,000 84 Sale 84% Sale 833.4 84 83 Afar. 29 8434 Mar. 9 83 Mar. 29 8534 Jan. 28Alaska Gold M deb Os A 1925 M- S 61,000 117 Sale 105 10974 103 101 102 Mar. 24 108 Mar. 11 101 Feb. 29 117 Jan. 3

10-yr cony Os Ser 11____1926 NI- S 175,000, 10134 Sale c9974 Mar. 8 d105 Mar. 13 c9934 Mar. 8 d105 Mar. 13Armour & Co 1st realest 4%8'39 J -D 190,000', 9274 93 94 Sale 9434 Sale 94 Mar. 1 943-4 Mar. 10 9334 Jan. 4 95 Feb. 25Bush Terminal let 4s 1952 A - 0 4,000, 85 8834 873-4 895i 878% 877.4 8834 Mar. 23 89 Mar. 13 8634 Jan. 5 89 Feb. 25Consol 55 1955 J - J 20,000, 88 00 023-4 Sale 8834 91 90 Mar. 16 9234 Mar. 1 873.4 Jan. 13 923/i Mar. 1Buildings be gu tax ex-1900 A - 0 30,000, 875% 88 8834 Sale 883-4 Sale 88 Mar. 3 8874 Mar. 16 873-4 Jan. 19 90 Feb. 5

Chile Copper cony. 79 1923 M-N 749,000,134% Sale 1303-4 Sale 131 Sale 1293-4 Mar. 8 13134 Mar. 17 1293-4 Mar. 8 13534 Jan. 5ComputTng-Tab-Rec s f 68_1941 J - J 27,000, 83 Sale 83% Salo 8134 83 8134 Mar. 29 833% Mar. 1 81 Feb. 11 85 Jan. 24Comstock Tunnel Inc 45.....1929 M-N 1 Granby ConM S&P lst 63_1928 M-N 12,000, 104 105 106% Sale 105 106% 10634 Mar. 27 107% Mar. 8; 104% Jan. 11 109% Feb. 10

Stamped 1928 111-N 25,000, 103 104 106 107 107 Sale 107 Mar. 25 107% Mar. 81 103% Jan. 4 109% Feb. 14Great Falls Pow 1st 8 f 5s1940 M-N 29,000, 9934 Sale 101 Sale 10034 Sale 1005% Mar. 311013% Mar. 171 99% Jan. 310134 Mar. 17Inspiration Con Cop lst 60.1922 M- S 283,000 184 Sale 178 Sale 173 192 176 Mar. 119534 Mar. 16' 174 Jan. 3119534 Mar. 165-year cony deb Os 1919 J - J 61,000, 178 Sale 17734 Mar. 1 196 Mar. 16' 174 Jan. 31 196 Mar. 16

Inter Mer Marine col tr 048'22 A - 0 152,000, 96% Sale s95 Sale 9610 Sale

N Mar. 1 98% Mar. 27 95 Mar. 1 10234 Jan. 27 2,304,000, 96 Sale

Certificates of deposit 95% Sale 98 1 98% Mar. 9 95 Mar. 1 10234 Jan. 27Int Navigation let s I 58_1929 P - A 10,000, 91.3% 923% 94 Sale 921 073-4 93 Mar. 2 94 Mar. 1 913% Jan. 11 993-4 Feb. 1Montana Power lst&ref a f bs A J - J 158,000; 95% Sale 96% Salo 9634 96% 96% Afar. 1 97 Mar. 2 95% Jan. 3 97 Jan. 1?Mortgage Bond 4s ser 2_1966 A - 0 1

% 94 95% 94 Jan. 21 94% Jan. 31

10-20-yr Se, ser 3 1032 J - J 1 00 94 95 Morris Sc Co 1st s f 434s_1939 J - J 18,000, 913-4 93 923% Sale 9274 Mar. 27 93 Mar. 22 9234 Mar. 27 93 Mar. 22N Y Dock 50-year gold 48.1951 F - A 4,000, 72 74 75 723-4 75 74 Mar. 9 75 Mar. 11 74 Mar. 9 755% Jan. 13102% 104% 101% Niagara F Power let Se.. .._1032 J - J 7,000 1003% 101% Mar. 13 102 Mar. 27 10034 Jan. 11 102 Mar. 27NiagLock&Ont Pow 1st 58_1954 M- N 1 92

92 Feb. 21 923% Feb. 21Ontario Pow N P let 5s_ _ _1043 17 - A 48,000; 94 953% 95 n % 94 Sale 94 Mar. 301 95% Mar. 10 94 Jan. 12 95% Feb. 19Ontario Transmission Ss 1945 M-N 15,000 % 80 90 85 90 86 86 Mar. 20 86 Mar. 24 86 Mar. 20 86 Mar. 24Pub Ser Cor N J gen 50-yr 58 '59 A - 0 130,000, 90 Salo 90 Sale 92 Sale 8934 Afar. 11 92 Afar. 31 8934 Mar. 11 92 Mar. 31Sierra Sc S F Power let 58_1949 F - A92 Tennessee Copp let cony 6s '25 M-N 48,000,

11124 Sale 119% Sale 116 117% 116;4 Mar. 25 120 Mar. 10 116% Mar. 25 125 Jan. 5

Wash Water P let 30-vr /5s 1939 1 - .1 I . -Digitized for FRASER

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

30 STOCKS-STOCK EXCHANGE RECORD. (vol.. 102.

BONDSN Y STOCK EXCHANGE

Int.Per-iod.

Sales in Price aboutMarch Jan. 31916. 1 1916.

PRICES IN MARC!!. RANGE SINCE JAN. 1.

March 1. March 31. Lowest. Highest. Lowest. I Highest.

Telegraph and Telephone $ Bid. Ask. Bid. Ask. Bid. Ask. Sale Prices. Sale Prices Sale Prices. I Sale Prices.

Am Tel & Tel coil trust 45_1929 J - J 458,000 91 Sale 9134 Sale 9134 Sale 9134 Mar. 1 0234 Mar. 10 9034 Jan. 3 9234 Feb. 2

Convertible 48 1936 M- 5 133,000 100% 10031 Sale 100 10034 Mar. 1 102% Mar. 28 100 Feb. 17 1023% Mar. 28

20-year convert 4%s___1933 M- S 1,556,000 107% Sale 106 Sale 10834 Sale 10534 Mar. 4 1083% Mar. 29 1055% Mar. 4 1083-4 Mar. 29

Cent Dist Tel 1st 30-yr 58-1943J - D 1,000 101% 101% 10234 10334 10234 linq 10234 Mar. 24 10234 Mar. 24 102 Jan. 1811025/3 Feb. 9

Commercial Cable 1st g 45_2397 Q - J 80 77 76%

Cumb T & T lst & gen 55__1937 J - J 59,000 99 99% 9934 100 993% 1005% 9934 Mar. 4 1003% Mar. 16 993-4 Jan. 4 1005% Mar. 16

Keystone Telephone 1st tis 1935 J - J 98 98

Met T & T 1st s f g 5s 1918 M-N 101 100 101%

Mich State Telep 1st 20-yr 5824 1:7- A 6,000 99 1003j 101 103 100 101 10034 Mar. 18 101 Mar. 14 100 Jan. 21,101 Feb. 25

NY & NJ Telgen 5s 1920 M-N 100 101% 100%

N Y Tel 1st & gen at 4%5_1939 M- N 591,000 98 Sale 9834 Sale 99 Sale 9834 Mar. 27 99% Mar. 3 9834 Jan. 8 993.4 Feb. 2

Pacific T & T 1st 55 1937 J - .1 185,000 10034 Sale 10034 Sale 10034 Sale wog Mar. 31 101 Mar. 10 100 Jan. 3 10134 Feb. 18

South Bell Tel & T 1st t 55 '41 J - J 344,000 995 Sale 1005/s Sale 10134 Sale 10034 Mar. 15 1013% Mar. 3 99% Jan. 310134 Feb. 17

West Un-Coll tr cur 5s 1938 J - J 36,000 10134 10134 10134 101 Sale 101 Mar. 28 10134 Mar. 8 101 Feb. 10 10178 Jan. 11

Fund & real est 4%5 g__1950 M-N 64,000 9434 95 9534 Sale 9534 9534 95 Mar. 16 95% Mar. 6 943-4 Jan. 11 9634 Feb. 14

No W Tel gu fund 4345 g 1934 J - J 2,000 90 93 96 95 95 Mar. 30 95 Mar. 30 95 Mar. 30 95 Mar. 30

Manufacturing & IndustrialAm Ag Chem 1st cons 55__1928A - 0 73,000 102 103 10234 10234 10234 1023% 10234 Mar. 20 10231 Mar. 6 102 Jan. 5 103 Jan. 7

Convertible deb 55 1924 lz - A 48,000 973 Sale 9734 98 9934 Sale I 9834 Mar. 3 993-4 Mar. 11 9754 Jan. 6 993-4 Mar, 11

Am Cotton Oil deb 55 _-1931 M- N 201,000 965i 963 973% Sale 96 9734 96 Mar. 30 97% Mar. 8 96 Mar. 30 973% Feb. 24

Am Hide & L 1st at .g 65-1919M- S 18,000 10338 103 104 Sale 104 1043/s 104 Mar. 1 104 Mar. 30 1035% Jan. 21 10434 Feb. 16

Am Ice Securities deb g 65_1925 A - 0 4,000 88 88 86 8834 85 87 85 Mar. 28 87 Mar. 85 Feb. 23 8834 Jan. 5

Am Smelters Securities 65_1926 P - A 242,000 1143 Sale 11034 Sale 11034 Sale 110 Mar. 30 112 Mar. 110 Feb. 5 118 Jan. 5

American Thread 1st 45_1919J - J 31,020 9734 98 98% 9834 988% Sale 9834 Mar. 27 9834 Mar. 29 9734 Jan. 81 985% Mar. 29

Am Tobacco 40-year g 65-1944 A - 0 118 118 118

45 1951F - A 2,000 83 94 8334 90 8334 Mar. 16 833% Mar. 17 8334 Mar. 16s855-4 Feb. 29

Am Writing Paper 1st at 551919 J - J 199,000 6434 6854 69 7534 Sale 6534 Mar. 8 7534 Mar. 31 655-4 Mar. 8 7554 Mar. 31

Baldwin Loco Wks 1st st 55 '40Beth Steel 1st ext at 55___ _1926

M-NJ - J

3,000 10434 10634 248,000 10234 Sale

1063410334 Sale

105 10610434 Sale

105 Mar. 910334 Mar. 1

105 Mar. 91043-4 Mar. 31

105 Mar. 9 105 Mar. 910234 Jan. 3 10434 Feb. 25

let dr refund 5s gu ser A._1942 M-N 195,000 102 Sale 102 10234 10134 Sale 10034 Mar. 29 10234 Mar. 4 10034 Mar. 29 10334 Feb. 14

Central Leather 20-yr g 5s_1925 A -0 307,000 101 Sale 1013% Sale 102 Sale 1013% Mar. 1 102 Mar. 29 10034 Jan. 41023,4Feb. 21.

Consol Tobacco 50-yr g 45..1951Com Prod Ref g s f 5s 1931

F - A M- N

9834 5,000 9834100

9834 99 % 100

90 9934 9934 9934 Mar. 14 9934 Mar. 14 99 Jan. 19 10034 Jan. 28

1st 25-yr a f 55 1934Cuban-Am Sugar col tr 65_1918

M-NA -0

30,000 96 9634116,000 10134 Sale

9834 Sale81025%Sale

9734 981023% Sale

9734 Mar. 810234 Mar. 1

99 Mar. 201023% Mar. 30

9634 Jan. 71 9934 Feb. 2510154 Jan. 3 10234 Feb. 23

Distillers' SC cony 1st g 55 1927 A -01,001,000 71% Sale 71 Sale 7234 Sale 71 Mar. 1 7434 Mar. 20 69 Jan. 141 748% Mar. 20

E I du Pont Powd 434s1936General Baking 1st 25-yr 651936General Elec deb g 3%5- 1942

J -DJ - DF - A

15,000 10234 102341,000 9634

20,000 7834 79

105 10785

823 Sale

104 mg 105 Mar. 98334 Sale 85 Mar. 248334 8334 82 Mar. 7

105 Mar. 985 Mar. 248334 Mar. 28

10231 Jan. 485 Mar. 2478 Jan. 14

10734 Feb. 485 Mar. 248334 Mar. 28

Debenture 55 1952 M- S 119,000 104 Sale 104 Sale 10434 Sale 104 Mar. 1 105 Mar. 171 1033% Jan. 11 105 Jan. 28

Illinois Steel deben 4%5 1940 A - 0 176,000 91 Sale 913 Sale Sale 9134 Sale 9034 Mar. 22 9134 Mar. 16 9034 Mar. 22 9234 Feb. 17

Indiana Steel 1st 55 1952 M-N 74,000 10134 Sale 1023-4 Sale 1023.4 Sale 10234 Mar. 1 10334 Mar. 7 10131 Jan. 14 10354 Feb. 21

Ingersoll-Rand 1st 5s_Dec 1935 J - J 103 -a,Int Agric Corp lst&coll tr 55232M-N 63,000 7754 79 78 Mar. 25 79 Mar. 7734 Feb. 7 79 Jan. 15

Internat Paper 1st con g 6s 1918P - A 26,000 102 ung 102 Sale 10234 10234 102 Mar. 1 10234 Mar. 24'102 Jan. 4 1023-4 Mar. 24

Cons cony sf gold 55____1935 J - JI 84,000 8334 84 84 Sale 90 Sale 8234 Mar. 13 90 Mar. 301 81 Jan. 261 90 Mar. 30

Int Steam Pump 1st at 55..1929 M- Si 2,000 6354 76 Mar. 20 76 Mar. 20i 75 Jan. 71 7834 Jan. 25

Certificaes of deposit39,000 75 Sale 74 76 7534 7634 74 Mar. 10 76 Mar. 20 74 Mar. 10 7934 Jan. 27

Lackaw Steel 1st cony 55.._1923 A - 01 198,000 9834 Sale 995 100 100 Sale 99% Mar. 10 10034 Mar. 29: 9734 Jan. 12 10068 Feb. 15

1st cons 55 Series A 1950 M- S 1,419,000 92 Sale 92 Sale 94% Sale 9254 Mar. 1 96 Mar. 171 91 Jan. 4 97% Jan. 11

Lila& Myers Tob 75 1944 A - 0, 22,000 125 126 126 Sale 12634 12634 126 Mar. 20 127 Mar. 10,12434 Jan. 7 127 Feb. 25

1951 F - Al 61,000 10134 Sale 102 Sale 101 102 102 Mar. 1 10234 Mar. 30 10134 Jan. 14 10354 Feb. 16

(P) LorillardCo 75 1944 1951

A -0F - A

11,000 124 12538,000 100 101

12634 Sale102 1023-4

1263-4 127101 Sale

12634 Mar. 23101 Mar. 25

127 Mar. 10,10234 Mar. 3,

12234 Jan. 1410034 Jan. 10

127 Mar. 1010234 Feb. 19

Max Petrol Ltd cony 6s 11121 A - 0 39,000 123 Sale 10634 Sale 1103-4 118 1065% Mar. 1 11654 Mar. 171 10634 Mar. 1 128 Jan. 3

1st lien & ref 68 Series C_1921 A - 0 165,000 125 Sale 10554 Sale 811354Sale 105 Mar. 1 116 Mar. 17 105 Mar. 1 1253-4 Jan. 4

Nat Enam&Stpg 1st 20-yr 58'29 J -D 338,000 9534 9634 9754 98 9734 98 9734 Mar. Q 98 Mar. 28, 9634 Jan. 8 9834 Feb. 19

Nat Starch 20-year deb 55_1930J - J 84 85 8534 -Jan.

National Tube 1st 5s 1952 M- N 98,000 10134 Sale 10134 Sale 10188 Sale 101 Mar. 2 1013% Mar. 27 100 11 1013% Jan. 14

NY Air Brake 1st cony 66_1928 M-N 24,000 10334 Sale 103% 10434 10334 10334 10334 Mar. 28 10434 Mar. 17 10334 Jan. 3 10534 Jan. 14

Railway Steel Spring-Latrobe Plant 1st a f 55_1921 J - J 4,000 993% 100 100 100 10034 100 Mar. 29 10034 Mar. 7 0934 Jan. 4 10034 Mar. 7

Inter-ocean P 1st at 55__1931 A -0 38,000 95 9734 953% 9734 951%

97 9534 Mar. 28 957A Mar. 23 9454 Jan. 14 95% Mar. 23

Repub I & S sink fund 55_1940 A -0 317,000 9634 Sale 99 Sale 99 Sale 98 Mar. 17 99% Mar. 7 9584 Jan. 5 993% Feb. 25

Standard Milling 1st 5s___1930 M- N 47,000 96 Sale 97 Sale 973 98 973% Mar. 1 98 Mar. 30 9534 Jan. 4 98 Feb. 19

The Texas Co cony deb 65_1931 J - J 217,000 10534 Sale 10534 Sale 10534 Sale 105 Mar. 21 10534 Mar. 1 105 Jan. 21 106 Jan. 10

Union Bag & Paper 1st s f 55 '30J - J 2,000 80 8034 82 84 8234 Mar. 29 8234 Mar. 29 80 Feb. 8 8234 Mar. 29

U S Realty & Imp deb g 5s 1924U S Red & Ref 1st s f g 65_1931

J - JJ - J

52,000 71 743423

72 7315

713% Sale10 20

71 Mar. 11 72% Mar. 7 70 Feb. 21 73 Jan. 4

US Rubber 10-yr col tr 65_1918 J - D 140,000 10234 103 103 Sale 10234 103 10234 Mar. 2 10334 Mar. 14 101 Mar. 2 10354 Jan. 13

S Steel Corps f g 5s Apr 1963 M-N 1,677,000 10434 Sale 10434Sale 104 Sale 104 Mar. 27 105 Mar. 1 103 Jan. 7 105 Jan. 28

Registered Apr 1963 M- N 29,000 10434 Sale 1043% Sale 104 Mar. 30 10434 Mar. 1 103 Jan. 6 1053-4 Feb. 21

Va-Car Chem 1st 15-yr 55_1923J - D 81,000 98 98% 9834 9934 993-4 Sale 98% Mar. 7 9934 Mar. 31 983 Jan. 4 99% Feb. 8

Cony deb s f 68 ____May1924 A - 0 73,000 10234 102% 102 Sale 102 Sale 102 Mar. 1 10234 Mar. 8 102 Jan. 11 mg Jan. 20

Western Elan 1st 55 Dec 31 1922J - J 58,000 10234 Sale 10334 Sale 10234 10234 10234 Mar. 30 10334 Mar. 1 81013-4Jan. 14 103% Feb. 11

Westinghouse Electric dr Mfg-Cony 5s issue 1915 1931 336,000 13834 Sale 12334 Sale 130 Sale 12334 Mar. 1 14134 Mar. 15 1235% Mar. 1 1413-4 Mar. 15

10-yr coil trust notes 55_1917 A -0 29,000 10134 10134 10134 1015% 10134 Mar. 8 1015% Mar. 9 10134 Feb. 3 10134 Feb. 23

Coal and iron BondsBuff & Susq I f 5s 1932JDeb 55 Jan 1926

-D M- 8

9134 8734 90

95% 93

96% 93 90 Jan. 27 93 Feb. 16

Col Fuel & I Co gen s f g 55 1943Col Indus 1st coil tr 55 gu_ _1934

P - AF - A

25,000 92 933455,000 7434 75

93 93347534 Sale

9434 967434 7534

9334 Mar. 77434 Mar. 24

95 Mar. 2475% Mar. 2

92% Feb. 3745-4 Mar. 24

95 Jan. 2077 Feb. 10

Consol Coal Md 40-yr 55. _1950J - D 3,000 9134 9234 94 9334 03 Mar. 16 93 Mar. 16 91 Jan. 7 93 Jan. 19

Continental Coal let s f 55_1952 F - A 60

Jefferson dr Clearf 1st 55___1926Kan & Hock C&C lst gu 551951

J - DJ - J

2,000 100% 104• 101 Mar. 30 10434 Mar. 7 95% Jan. 6 10434 Mar. 7

Lehigh C & Nay at 4345A 1954 J - J Pocahon Con Coll let at 5s 1957St LE Mt & Pan 5s stmpld 1955

J - JJ - J

25,000 8934 893424,000 84

895% Sale 18734 88

8934 9085 8734

8934 Mar. 2187 Mar. 17

90 Mar. 308734 Mar. 10

89 Jan. 1484 Jan. 7

90 Feb. 118834 Jan. 14

Tenn C I & RR gen 5s___ _1951 J - J 10134 Sale 103 101 10234 1011 Jan. 31033-4 Jan. 31

Birm Div 1st cons 6s_ __ _1917Tenn Div 1st g 65_ _Jan 1917Cah C M Co 1st gu g 65_1922

J - JA -0J -D

19,000 101% 102348,000 10134

1019 102 1101% 101710184 101% 105 106 .105 106

1013% Mar. 301013% Mar. 21

1017 Mar. 3101 Mar. 8

101, Jan. 101013 Jan. 10

102 Feb. 15102 Feb. 15

Victor Fuel 1st a f 65 1953J - J 75 87% 87%

Vs Ir Coal dc Coke 1st g 53_1949 M- IS 42,000 89 90 88 89 I 88 90 8834 Mar. 17 903-4 Mar. 23 8834 Jan. 29 0054 Mar. 23

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. • Second installment

paid. 8 Option sales. u This was a sale made "Seller 4 free." y Bonds "when issued." a Flat price.

STOCKS-PRICES AND SALES FOR MARCH AND THE YEAR TO DATE.

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.

Mow are on basis of 100-share lots. Exceptions of stocks which sell only in a small way are noted by the letter a. Option sales are disregarded.

N Y STOCK EXCH'CIE

SALES TO APR. 1.

InMarch

SinceJan. 1

Par Shares. SharesAtchison Top dr S Fe__100 28,070 112,070

Preferred 100 7,070 30,895Atlan Coast Line RR_ _100 . 1,300 5,200Baltimore & Ohio 100 35,582 174,924

Preferred 100 6,770 28,965Brooklyn Rap Transit_100 5,672 35,877Buff Roch tic Pitts. ......100 89 204

Preferred 100 Canadian Pacific 100 55,895 194,780Canada Southern 100 70 1,387Central of New Jersey 100 125Chesapeake dr Ohio_ .._100 81,860 243,835Chicago & Alton RR...100 100 400

Preferred 100 100

Price aboutJan. 31916.

Bid. Ask.108q Sale99 Sale114 Sale95% Sale7734 Sale87% Sale

182% Sale

290 Sale63% Sale10 1317 23

PRICES IN MARCH. RANGE SINCE JAN. 1.

March 1. March 31. Lowest. Highest. Lowest. Highest.----

Bid. Ask.10254 Sale1013% Sale110 Sale8534 Sale76 Sale853-4 Sale94 95111x1643% Sale585% 60270 31061 Sale 9 11 30

Bid. Ask.1033-4 Sale10034 Sale110 1118634 Sale7634 Sale585 853-493 9834

114% 167 Sale58% 60265 320 6134 Sale

83412 30

Sale Prices.102 Mar. 1104541003-4 Mar. 31109 Mar. 1385 Mar. 176 Mar. 1185 Mar. 11a9434 Mar. 4

216234 Mar. 1a58 Mar. 28

603% Mar. 48 Mar. 23

Sale Prices.Mar. 14

102 Mar. 21113.4 Mar. 1590 Mar. 17763-4 Mar. 2087 Mar.a943% Mar. 21

169% Mar. 24a58% Mar. 3

6534 Mar. 188 Mar. 23

Sale Prices.x10134Jan. 3110854983-4 Jan. 4109 Mar. 1385 Mar. 17534 Feb. 24843% Feb. 1593 Feb. 3

x162%Mar. 1a57 Feb. 21

290 Jan. 3003-4 Jan. 318 Feb. 23

20 Jan. 6

Sale PricesJan.

102 Feb.115 Jan.96 Jan.80 Jan.88 Jan.a9434 Mar.

1838 .13n.58/3 Jan.290 Jan.0634 Jan.103-4 Jan.20 Jan.

42334151721

3183576

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

11;01111"'48

PR. 1916.1 STOCKS-STOCK EXCHANGE RECORD 31STOCKS. SALES TO APR. 1.

/7 V STOCK EXCH'OE In SinceMarch Jan. 1

i411fr Par Shares. Shares."4/4," Chic Great West 1006,100 19,850Preferred 100 22,300 46,160Chic Milw & St Paul-100 31,100 156,002Preferred 100 3,246 19,238Chicago & North West.100 6,055 15,495Preferred 100 114 1,155Chic Rock 1st de Pacific.100 50,850 236,645Ohic St Paul M & 0-100 140Preferred 100 148Clev Cin Chic & St L__100 500 1,600Preferred 100 800 1,650Cleveland & Pittsburgh_50Special gtd betterm't_50

Colorado dr Southern- .100First preferred 100Second preferred. .100

Cripple Crk Cent 100Delaware & Hudson 100Del Lack & Western 50Denver & Rio Grande_100

Preferred 100Detroit dr Mackinac 100Detroit United Ry 100Duluth S S & Atianttc_100

Preferred 100Erie 100

First preferred 100Second preferred.._ .100Rights

Erie & Pittsburgh 50Great Northern, pref__100 18,136Iron ore properties 104,835

Havana El Ry, L dr P_100 Preferred 100

Hocking Valley 100Illinois Central 100 4,383Interboro Cons Corp v t c 15,475Preferred 100 5,500Ititerb-Met vot tr ctfs_100 400

Preferred 100 Iowa Central 100

Preferred 100 K C Ft S&M tr ctts pref 1,520Kansas City Southern_100 16,250

Preferred 100 500Keokuk & Des Moines_100 550

Preferred 100 150Lake Erie & Western- .100 200

Preferred 100 200Lehigh Valley 50 25,140Long Island 50 900Louisville dr Nashville. 100 1,400Manhattan Railway_ _100 976Michigan Ceatral 100Minoan & St Louis_ .A00

Preferred 100MStP&SSM 100Preferred 100Leased line certificates_

Mo Kansas dr Texas- - -100Preferred 100

Missouri Pacific 100Certificates of deposit__

Morris & Essex 50Nash Chatt & St Louls.100Nat Rys of Mex pref 100Second prof 100 1,110N Y Cent dr Hud Riv 100 108,300N Y Chic,ago dr St L-100 200First preferred 100 Second preferred. ..100 400N Y Lack & Western__100

N Y N H dr Hartford__100 28,750N Y Ontario dr West--100 10,100Norfolk Southern 100 175Norfolk & Western 100 78,050Prof (adjustment) 100 1,210Northern Central 50

Nor Ohio Trac & Light 100 Northern Pacific 100 18,400Pacific Coast Co 100 100Pennsylvania 50 67,090Peoria dr Eastern 100 200Pitts Cin Chic dr St L. -100 800

Preferred 100 400Pitts Ft W & Chic.- 100 Reading Company___.. 50 519,000

First preferred 50 1,700Second preferred.-- 50 2,530Rock Island Co 100 3,500Preferred 100 2,400Rutland, preferred_ _ 100 St Louis & San Fran--100 20,340First preferred 100 3,642Second preferred. ._100 22,640St Louis Southwest._. 900Preferred _ 100 100Seaboard Air Line___ _100Preferred 100 USSouthern Pacific Co 100 101,925Certificates of interest-- 1,980Subscrip rects part paid_Southern Railway -..100 22,600

1Preferred 00 4,100Texas & Pacific 100 10,100Third Ave new.... 13,200Toledo St Louis & W..100

Trust Co receipts Preferred 100 Trust Co receipts_

Twin City Rapid Tran.100 672Preferred 100 Union Pacific 100 86,180Preferred 100 4,820Warrants United Rys Investment100 5,560Preferred _ . _ _ _100 4,010Virginia Ry & Power_ _100Preferred 100 Wabash 100 19,120Preferred A 100 63,680Preferred B 100 45,480Western MarylandRy _100 69,170Preferred._ .... _ . _100 9,200Wheeling & Lake Erie. 100 2,500First preferred ........100 300Second preferred... _100 2,200wiaminain Contra] Ion 600

1,200 3,400600 1,100100 200

2572,710 8,875301 2,767500 2,700

1,712 8,112

Price aboutJan. 31916.

PRICES IN MARCH. RANGE SINCE JAN. 1.

March 1. March 31. Lowest. Highest. Lowest. ilighsai.Bid. Ask.15% Sale39% Sale100 Sale135 Sale134% Sale172 18017% Sale120 124133 14047 5074 77

33% 34%52 5645 50

153% Sale223 23014 Sale24 Sale

948 4,828100 1,100,

1,800;170,600 705,260,22,000 92,40012,800 11,320

118,531 118,531

3,33040048610080

8,7003,7006,1509,808

167

76,949304,940

200110

15,8411110,77538,2951,600100

1,520;61,92016,030165011501

2,700,1,700;

85,490,4,610;7,2702,643

1920,249,4,7106,09611,2001480122,800

9,100,52,85036,7131

428,2671800,

7,310,524,032

1,730,300

1,300

144,015,22,650

5751133,485,3,210

69 765 7%11% 15%43 Sale58% Sale54% Sale

Bid. Ask.12% 1334% Sale93% Sale128% Salez125%Salex172 18317% Sale115 123130 14040 4370% 7579% 48 25 2747 5240 48 46149% Sale213% 2207 913 1880 85 Sale4% 66 10%35% Sale52 Sale43% 47

126% Sale50% Sale

120 Sale41% Sale

110108 Sale21 Sale77% Sale

102% Sale1634 Sale7234 73%

7 1015 28

z64 6731 Sale634 Sale3 4%30 16% Sale41 Sale8134 Sale2034 24129 Sale131% Salea130 Sale1534 Sale3354 36124 Sale137 Sale75 Sale6% 73%16 174 Sale4% Sale

131 140

5 10 6525 Sale59 622 4

3511 1432 4076% Sale20% Sale121% Saleal29 Sale 1304 Sale

8% Sale109 Sale46% 47%83 9008 73

77% Sale31 Sale25 27

121 Sale84% 86%

100108,050,

100,216,590,

3002,200,1,300

60812,045'

5,33011,09118,42017,270

12

32,103,4,54227,840,2,100,1,000,

12,275;18,020,

345,930,2,503,

1 93,120,19,835;45,800.44,0951

1001

1300300

2,807

364,24522,888

118 122132 13775 775 Sale13 144% Sale4% Sale81 82%129 140 23%6% 8

1033% Sale33 3972 8553 59114% 12367% Sale27% Sale20 26%114% Sale84% 85%

117% Sale50 7059 Sale13 15 8592 97

824141

7Sale4342%

Sale5.1

70 112 Sale45 7056% Sale10 1370 7988 90157 827 Sale44% Sale45% Sale

5% 74

34 Sale

53.4 Sale834 117 Sale 21

18 18%39 40103% Sale

434 Sale734 Sale534 Sale 20 44

153 16%34 35973.4 Sale

23% Sale63 Sale8% Sale60 Sale5 95 610 1710 1394 97%128 138 Sale83 Sale

20,01516,170

400

75,750186,680217,855103,49510,3005,7001,5004,2002,500

19% Sale57% 597% Sale60% Sale4 73 68 128 11933% 96128 z131 Salez82% Sale

20% Sale39 Sale47 48%100 16% Sale46% Sale30 Sale31% Sale40 454 4%13 164% 637 40

16 16%27% Sale 50

13% Sale42 Sale25% Sale25 Sale37 433 3%12% Sale4 Sale

353.4 Sale

Bid. Ask.12% 1337% Sale93 Sale127 128%a126 Saleal70 Sale17 Sale115 125130 15038 4172 7779% 46% 26% 2849 5341 50 40149 151217 2199% Sale20 Sale80 87 893 66% 10%36% Sale51% Sale4434 Sale

64 65121 Sale43% Sale

Sale Prices.12% Mar. 334% Mar. 492% Mar. 112734 Mar. 301243% Mar. 30174 Mar. 815% Mar. 8

40 Mar. 770% Mar. 6

26 Mar. 347% Mar. 740 Mar. 13

1493% Mar. 1216 Mar. 188% Mar. 3015 Mar . 8

85 Mar. 14% Mar. 23

35% Mar. 150% Mar. 143 Mar. 3% Mar. 25

1193% Mar. 1z3934 Mar. 1

Sale Prices.1434 Mar. 203934 Mar. 2096% Mar. 151293% Mar. 231276% Mar. 14174 Mar. 81834 Mar. 15

44 Mar. 1576% Mar. 14

Sale Prices. Sale Prices.1234 Jan. 26 15 Jan. 334 Jan. 31 3954 Jan. 4923% Mar. 1,1023%Jan. 3

12754 Mar. 30 13634 Jan. 5124% Mar. 30 13434 Jan. 3174 Mar. 8 175 Jan. 11153% Mar. 8 203% Feb. 7120 Jan. 19 120 Jan. 19136 Jan. 27 138 Jan. 2739 Feb. 10 47% Jan. 1170 Feb. 2 76% Mar. 14

28 Mar. 1750 Mar. 2240 Mar. 13

153 Mar. 15218 Mar. 49% Mar. 3120 Mar. 31

26 Mar. 347% Mar. 740 Mar. 1343 Feb. 214934 Mar. 1216 Mar. 188% Mar. 3015 Mar. 8

88 Mar. 214% Mar. 23

3834 Mar. 1554 Mar. 1746 Mar. 15% Mar. 20

12334 Mar. 144794 Mar. 17

103 Sale16% Salej72% Sale16% 16%72% 72% 5

1058 6525% Salex60 66%4 825 5010 1432 36j76% Sale21% 24122 124127 130107 1204 6%18 Sale

116 119 14073 803% Sale10% Sale5 Sale4% Sale80% 88%129 140 23%

7341036A47 Sale34 3779 88563%Sale114 12363 Sale27% 2820 25%120% Sale89 Sale

72 74112% Sale55 7056% Sale9 1279 8288% 95 15084% Sale43 45444 s4ate%

2% Sale6 Sale3% Sale16% 16% 4415 15%35% Sale97% Sale

20% Sale58 597% Sale61 Sale5 73 ,9 128 1294 96

132% Salea82% Sale

14 1529 30 50

14% Sale46 Sale27% Sale30% 3245 482% 2%10 153% 4%33 36

101 Mar. 216% Mar. 337234 Mar. 20167% Mar. 24

160 Mar. 2725 Mar. 160 Mar. 43 Mar. 1529 Mar. 2713 Mar. 233634 Mar. 1176 Mar. 12054 Mar. 1112134 Mar. 11293% Mar. 13

4 Mar. 115 Mar. 17119 Mar. 28

a75 Mar. 33% Mar. 8

103.' Mar. 284% Mar. 64% Mar. 1

136 Mar. 8

6% Mar. 281023" Mar. 1343.2 Mar. 15

5634 Mar. 31

6434 Mar. 1127 Mar. 121 Mar. 29114 Mar. 184% Mar. 6

70 Jan. 74% Mar. 2310 Jan. 2735 Jan. 315054 Jan. 3143 Mar. 3% Mar. 25

11934 Jan. 31x3934 Mar. 195 Jan. 5

1043.4 Mar. 211734 Mar. 2174 Mar. 81734 Mar. 21

101 Mar. 2153% Feb. 1571 Feb. 1516% Mar. 248034 Jan. 24

64 Mar. 292734 Mar. 1462 Mar. 144% Mar. 1629 Mar. 271334 Mar. 233654 Mar. 14803% Mar. 152234 Mar. 24125 Mar. 1813034 Mar. 9

6% Mar. 28183.4 Mar. 31

119 Mar. 28

a75 Mar. 35 Mar. 113% Mar. 45% Mar. 145% Mar. 14

136 Mar. 8

7% Mar. 11107 Mar. 1537% Mar. 8

53 Mar. 29

60 Mar. 272434 Feb. 2860 Feb. 173 Mar. 1529 Mar. 2712 Jan. 2835 Feb. 27454 Jan. 3120 Jan. 311215% Mar. 112934 Feb. 15a125 Jan. 224 Mar. 115 Mar. 17

119 Mar. 28135 Jan. 1375 Jan. 33% Mar. 81034 Mar. 284 Jan. 34 Jan. 3

a81 Feb. 21130 Jan. 242334 Jan. 216% Mar. 28

101 Feb. 28333 Feb. 2684 Feb. 195234 Feb. 26

68 Mar. 15293.4 Mar. 1521 Mar. 291245% Mar. 1889 Mar. 31

32% Jan. 855 Jan. 1348 Jan. 1150 Feb. 315434 Jan. 19j225 Jan. 814 Jan. 324 Jan. 3

8834 Feb. 186 Jan. 1314 Jan. 543% Jan. 359% Jan. 354% Jan. 3% Mar. 20

12734 Jan. 450% Jan. 396 Jan. 11

1093.4 Jan. 32134 Jan. 377 Jan. 32034 Jan. 5803.1 Jan. 24

64 Mar. 2932% Jan. 464% Jan. 34% Mar. 1629 Mar. 2716% Jan. 341 Jan. 383 Jan. 42234 Jan. 171305% Jan. 131315% Jan. 28a130 Jan. 315% Jan. 433% Jan. 6125 Jan. 3137 Jan. 157554 Jan. 13754 Jan. 1316% Jan. 46% Jan. 176% Jan. 15

a83 Jan. 5136 Mar. 824 Feb. 18934 Jan. 12

11134 Jan. 1945 Jan. 139034 Feb. 1566 Jan. 12

6434 Mar. 11 77% Jan. 102634 Jan. 31 31 Jan. 321 Mar. 29 27 Jan. 6114 Mar. 11243% Mar. 18843% Feb. 25 89 Mar. 31

11134 Mar. 111434 Mar. 1655 Mar. 10 55 Mar. 105834 Mar. 1 58 Mar. 168 Mar. 14 8 Mar. 1478 Mar. 10 81% Mar. 1890 Mar. 18 92 Mar. 20

81 Mar. 144% Mar. 14434 Mar. 11% Mar. 21% Mar. 21

8934 Mar. 1545 Mar. 20

4(T Mar. 2734 Mar.Mar. 1

234 Mar. 31 434 Mar. 295 Mar. 7 734 Mar. 1334 Mar. 30 534 Mar. 1185% Mar. 28 1634 Mar. 3043 Mar. 18 43 Mar. 18

1534 Mar. 30 163% Mar. 1535 Mar. 2 37 Mar. 159634 Mar. 1 10034 Mar. 151155% Mar. 29 1165% Mar. 29

19% Mar. 157 Mar. 46% Mar. 859% Mar. 1

94 Mar. 24

z13034Mar. 1z8134 Mar. 1

70 Feb. 28 70 Feb. 281113% Feb. 28 118% Jan. 455 Mar. 10 55 Mar. 10553% Feb. 4 593% Jan. 48 Mar. 14 13 Jan. 2578 Feb. 17 8234 Jan. 1388 Jan 26 985% Jan. 13a1575%Feb. 11 a158 Feb. 16

7534 Jan. 31 895% Mar. 15'41% Feb. •19 46 Feb. 294134 Feb. 21 48 Feb. 29% Jan. 4 % Feb. 21% Feb. 1 % Jan. 18a25 Feb. 10 a25 Feb. 10234 Mar. 31 6 Jan. 75 Mar. 7 10 Jan. 7334 Mar. 30 8 Jan. 71694 Mar. 28 19 Jan. 1743 Mar. 18 45 Jan. 141534 Mar. 30' 18% Jan. 1335 Feb. 281 42 Jan. 13965% Mar. 1 10434 Jan. 41153% Mar. 29 11954 Jan. 18

21% Mar. 1760 Mar. 2i8% Mar. 1563 Mar. 21

_

19% Mar. 157 Feb. 28634 Feb. 145934 Jan. 31654 Jan. 7

95% Mar.

10 Feb. 158 Feb. 1094 Mar. 24

1347% Mar. 1833% Mar. 11

z13034Mar. 1z813.4 Mar. 1

2454 Jan. 465 Jan. 1310 Jan. 363 Mar. 21634 Jan. 7

10% Jan. 89 Feb. 159834 Jan. 11

14034 Jan. 484 Jan. 28

133.4 Mar. 8 17 Mar. 12734 Mar. 1 32 Mar. 16

13% Mar. 741% Mar. 125% Mar. 125 Mar. 140 Mar. 72% Mar. 3012% Mar. 13% Mar. 1735 Mar. 2

125% Feb. 2427% Mar. 14794 Jan. 17

16 Mar. 24734 Mar. 2929% Mar. 2343.4 Mar. 2749 Mar. 273% Mar.13% Mar. 14% Mar.35% Mar. 1

13% Mar. 741% Mar. 125% Mar. 12434 Feb. 2840 Mar. 72% Jan. 2011 Jan. 193% Jan. 1835 Mar. 2

2134 Jan. 4395% Jan. 34854 Jan. 20

17 Jan. 348% Jan. 53254 Jan. 15343.4 Mar. 2749 Mar. 27434 Jan. 515 Jan. 84% Jan. 1738 Jan, 15Digitized for FRASER

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

32 STOCKS-STOCK EXCHANGE RECORD. [VOL. 102.

STOCKS.N Y STOCK EXCH'CIEPar

SALES TO APR. 1.

ItsMarch

SinceJan. 1

Price aboutJan. 31916.

PRICES IN MARCH.RANGE SINCE JAN. 1.

March 1. March 31. Lowest. Highest. Lowest.

Industrial and Macellan

Adams Express 100

Alaska Gold Mines 10

Alaska Juneau Gold Mg 10

Allis Chal Mfg v t c_-_100

Preferred v t c 100

Amer Agricul Chem.. _100Preferred 100

American Beet Sugar.. ..100

Preferred 100

Am Brake S & F ctfs 100Preferred ctfs 100

American Can 100

Preferred 100

Amer Car dc Foundry.._100

Preferred 100

Amer Coal Products.... 100

Preferred 100

American Cotton Oil_ _100

Preferred 100

American Express_ ..._100

Amer Hide & Leather_100Preferred 100

Amer Ice Securities_ _ _100American Linseed_ 100

Preferred 100American Locomotive 100Preferred 100

American Malt Corp.._100Preferred 100

Am Smelt Sec, pref B..100Preferred ser A stamped

Amer Smelt & Refin_.._100Preferred 100

American Snuff 100Preferred, new 100

Amer Steel Foundries_100American Sugar Refin_100

Preferred, new 100Amer Teleg & Cable. .100

Amer Teleph & Teleg_100

American Tobacco........100Preferred, new 100

Amer Woolen of Mass_100Preferred 100

Am Writing Paper, pf_100Amer Zinc, Lead Sr Sm_25Anaconda Copper_ 50

Assets Realization___ _100

Associated 011 100

Baldwin Locomotive.. ..100Preferred 100

Batopilas Mining 20Bethlehem Steel Corp-100

Preferred 100Brooklyn Union Gas_ _100Brown Shoe Co 100

Preferred 100Brunsw'kTerm&RySee.100Burns Bros 100

Preferred 100Bush Terminal 100Butterick 100Butte & Sup Cop, Ltd...10Calif Petrol vot tr ctf 100

Preferred 100Case (JI)Thresh M pfctf 100Central Leather 100

Preferred 100Cent & So Amer Teleg_100Chandler MotCar(The)100Chile Copper 25Chino Copper 5Cluett, Peabody & Co_100

Preferred 100Colorado Fuel & Iron.._100Computing-Tab-Rec. ..100ConsGas El L&P(Balt)100Consolidated Gas N Y_100Continental Can Inc.._100

Preferred 100Corn Products Ref In.. ..100

Preferred 100Crex Carpet 100Crucible Steel of Amer..100

Preferred 100Cuban-Amer Sugar_ _ _100

Preferred 100Deere & Co pref 100Detroit Edison 100

Rights Diamond Match 100Distillers' Secur Corp..100Dome Mines Ltd (Thel_10E I du Pont Pow pref_ _100Elec Storage Battery....100Federal Min & Smelt...100

Preferred 100General Chemical 100

Preferred 100General Electric 100Gen Motors vot tr ctfs_ 100

Preferred vot tr ctfs_100Goodrich (B F) 100

Preferred 100Granby Cons M. S dr P.100Greene Cananea Copp..100Guggenheim Explor .._ _25o W Helme 100

Preferred 100Homeetake Mining_ 100Inspiration Cons Cop__20Int Agric Corp v t c_100

Preferred v t a 100Int Harvester of N J 100

Preferred 100Int Harvester Corp.... ..100

Preferred 100Int Mere Marine tr ctfs__

Preferred trust certfs_ _ _Internat Nickel v t a_ 25

Preferred vot tr ctfs_100International Paper 100

Preferred 100Jewel Tea Inc 100

Preferred 100Kayser & Co (Julius)_100

let preferred 100

Shares.7,000

167,10019,15092,15024,4256,3501,050

109,300598150500

306,0006,893

123,370724

16,060479

8,400402

1,5008,67520,30012,50056,61032,000

650,9607,7302,0004,1351,1955,739

343,8433,510910400

19,77037,6603,000270

32,4807,3003,639

58,00021,58029,451356,230357,550

1,3005,300

643,6301,000

23,75013,770

860500300445

4,1001,910

420850

190,30068,25030,100

70062,7252,500

7318,80030,80083,0503,525100

126,9501,175935

12,88319,900

400139,1209,900112

1,286,41010,44510,020

845805

1,3355,7001,160

134,9209,650

9001,5507,1502,5211,186

20,5614,4002,850

222,0502,1008,00053,84015,750

100100446

297,6205,10021,0604,500800

1,300

97,780563,795116,760

45020,08016,10010,7004,100530

Shares.10,029269,20054,000209,69761,30533,4503,790

227,7502,0891,3951,000

977,65018,358316,370

3,60998,9002,17921,7301,1873,935

21,09557,40071,856131,76054,860984,58017,22712,0006,6833,12016,014

1,299,33212,4551,010700

62,24079,0916,456914

83,25833,0859,437

173,01134,72031,201

569,2801,408,085

2,20035,265

1,614,7955,210

66,80031,8803,2601,9831,1022,445

10,178,77012

5,5821,960

472,350336,715130,300

1,500178,0857,170102

22,200115,750346,13515,6451,655

317,98011,1051,145

55,11350,6002,065

480,58138,232

2622,724,155

26,9344,4222,4752,9053,5675,7004,085

463,295100,400

6,5008,25027,1063,4633,634

79,88621,30513,895

471,7506,13247,43078,235108,555

100100867

899,32036,420187,470'24,8501,9203,850900

634,7602,030,480312,889

1,775,47,780 12% Sale33,000, 503% Sale10,700, 4,100, 635; 82 86325107 112

Bid. Ask.1473 Sale24 Sale10 Sale31 Sale83 Sale72% Sale98 99%69 7090 95100% 104195% Sale61% Sale112 Sale77% Sale117% Sale156 Sale115 11855% Sale96% 99%128% Sale12 Sale55 Sale25% Sale23% Sale41% Sale68% Sale101 Sale8 932 3585% 8692 % Sale107 Sale113 Sale148 150104% 110%60% Sale114% Sale118% Sale63% 68127 Sale208 Sale107% Sale49 Sale95'% Sale11 1468% Sale90% Sale5 1073 Sale1161 Sale107 Sale33 Sale

455 Sale143% 157131% 133%45 5096 9813 Sale8658 Sale100 110100 Sale28% 3272 Sale37% Sale74 Sale88% Sale54 Sale109 Sale139 141

24% Sale55 Sale73% Sale108 11252 Sale47 49115 116%143% Sale85% Sale107 10820% Salex94% Sale40 5072% Sale110 Sale152% Sale102 10696% Saleal35 Sale

103 11348 Sale28% Sale

64% Sale32 Sale52 Sale250 275113 115174% Sale495 Sale115 Sale75 Sale113 Sale

50% Sale22% Sale160 195112 119124 45 Sale27 Sale688% Sale109% 111110 12075 80102 10819% Sale75% Sale197% Sale

Bid. Ask.138 Sale20% Sale9 Sale26% Sale76% Sale65% Sale95 96%65 Sale943'2 96100 106155 18058 Sale110 Sale65% Sale117% 119%159 Sale115% Sale52 Sale99% 103120 1309% Sale47 Sale28% Sale20% Sale38% Sale68 Sale100% Sale7 930 3586% 87%92 9397 Sale112 Sale140 149105 108%50% Salex109%Salez116 Sale63 69127% Sale191% Sale105% 10752 Sale98% Sale11% Sale7734 Sale85% Sale5% Sale67% Sale102 Sale108% Sale2 Sale

450 Sale130 Sale129% 131%50 5496% Sale10 1181 84108 110114% 117a29 Sale90 Sale28 Sale59% Sale84 87%52 Sale110% Sale135 13789% Sale22% Sale56% Sale67 71109 11140% Sale47% Sale109% 114131% Sale79% Sale106 10821 Sale96 Sale44 4873 Sale112% Sale180% Sale105 Sale94% 95%136 137

102 Sale44 Sale24 Sale

62% Sale 3150% Sale285 Sale115 117%166% Sale460 Sale110 11469% Sale114 Sale88% Sale45 Sale21% Sale170 195114 119130 13344 Sale21 Sale61% Sale109 Sale114 Sale68 70102% 11015 Sale64% Sale45% Sale109 11293% Sale43% Sale

Bid. Ask.144% Sale19% Sale93% Sale29 Salez75 77567 6996 9771% Salea93% Saleal00 Sale 18861% Sale111 11268% Sale114% 1171160 Sale116% 11954 Sale101 102126 Sale10 10%52% 53%28 Sale24 Sale45% Sale79 Sale103% Sale8 Sale34 3586% 8793% Sale100% Sale112/3 Sale135 143108% Sale50% Sale109% Sale115% Sale65 69%z 127 %, Sale197% Saleal06 Sale550 Sale99% Sale191 Sale88 Sale866 Sale3 566 Sale104% Sale107 1092% Sale

5494 Sale130% 140129 Sale55 5897 999 1082 84106% 110112% 116%28 29190% Sale2334 Sale551% Sale85 87%53% Sale110 Sale135 13791 92223% Sale155% Sale71 74107% 109%44% Sale45 46%109 115%134% Sale182 85109 Sale20 Sale94 958%45 4792% Salej114 115%'243%Sale1102 10795 Salez132 Sale

105 Sale47% Sale24% 25

60% Sale17% Sale40 Salea34Q Sale115 117j167%Sale455 480116% Sale76 Sale

5115 Sale90% Sale49 Sale203 Sale167 114% 127 13247% Sale19 2058 Salej110%Sale115% 11873 Sale100 10617 Sale69% Sale47 Sale107% 11111% 11%48 5083% Sale110 Salea85 Sale111

Sale Prices.1323% Mar. 1417% Mar. 68% Mar. 326% Mar. 175% Mar. 265% Mar. 196 Mar. 2364% Mar. 1953% Mar. 161003% Mar. 8165 Mar. 756% Mar. 1110 Mar. 164 Mar. 1116 Mar. 201563% Mar. 31153% Mar. 152 Mar. 1101 Mar. 271243% Mar. 149% Mar. 145 Mar. 127'% Mar. 2720 Mar. 138% Mar. 166% Mar. 199% Mar. 28 Mar. 2032% Mar. 286 Mar. 2902% Mar. 2095% Mar. 11113% Mar. 11130 Mar. 231064 Mar. 2248 Mar. 851074Mar. 81153% Mar. 3065 Mar. 161273% Mar. 1191 Mar. 1106 Mar. 30550 Mar. 3198% Mar. 611 Mar. 176 Mar. 183% Mar. 13 Mar. 2366 Mar. 3099% Mar. 1108% Mar. 12 Mar. 4

450 Mar. 1130 Mar. 1129 Mar. 31533% Mar. 2396% Mar. 19% Mar. 29803% Mar. 14

1143% Mar. 329 Mar. 275863% Mar. 2221 Mar. 748% Mar. 885 Mar. 2751% Mar. 1110 Mar. 31a1353%Mar.2989% Mar. 1203% Mar. 275523% Mar. 2770 Mar. 3109 Mar. 339% Mar. 1453% Mar. 131083% Mar. 31303% Mar. 178% Mar. 1108 Mar. 920 Mar. 30943( Mar. 2845 Mar. 1470% Mar. 1111 Mar. 1180% Mar. 1105 Mar. 194% Mar. 16131 Mar. 84 Mar. 3

102 Mar. 143 Mar. 123 Mar. 1

Sale Prices.145 Mar. 2822% Mar. 1110 Mar. 1833% Mar. 1481 Mar. 13698% Mar. 1598 Mar. 674 Mar. 17963% Mar. 141003% Mar. 8185 Mar. 16653% Mar. 161123% Mar. 17x75% Mar. 14119% Mar. 11168 Mar. 161153% Mar. 3563% Mar. 16102 Mar. 151283% Mar. 1011 Mar. 235 43% Mar. 2330% Mar. 14243% Mar. 28473% Mar. 28833% Mar. 14104 Mar. 229% Mar. 936% Mar. 9873% Mar. 1694 Mar. 161033% Mar. 16113 Mar. 29145 Mar. 11108 Mar. 31563 Mar. 17113% Mar. 175116%Mar. 1067 Mar. 16131 Mar. 27200 Mar. 71073% Mar. 6553% Mar. 14102 Mar. 1421% Mar. 28'91, Mar. 17883 Mar. 156 Mar. 2171% Mar. 15114 Mar. 17109 Mar. 2278 Mar. 24

550 Mar. 14135 Mar. 141313% Mar. 457 Mar. 2898 Mar. 2912 Mar. 9843% Mar. 21

116 Mar. 3030 Mar. 231053% Mar. 929% Mar. 661% Mar. 686 Mar. 18563% Mar. 201113% Mar. 7al36%Mar. 1095 Mar. 16233 Mar. 9583% Mar. 774 Mar. 18109 Mar. 3503% Mar. 1747% Mar. 1112 Mar. 231373% Mar. 1788 Mar. 101103% Mar. 1723% Mar. 9100 Mar. 1045 Mar. 14993% Mar. 16119 Mar. 165245 Mar. 28z106 Mar. 1595 Mar. 31133 Mar. 254% Mar. 28

105 Mar. 3149% Mar. 2025% Mar. 24

Sale Prices.1323% Mar. 1417% Mar. 68% Mar. 325 Jan. 1275% Mar. 265 Feb. 2896 Mar. 2361% Feb. 194 Jan. 41003% Mar. 8165 Feb. 2451 Mar. 1109 Feb. 15633 Jan. 31116 Mar. 20154% Jan. 11115 'Jan. 20513% Jan. 3198 Jan. 6124% Mar. 149% Mar. 145 Mar. 125 Jan. 2020 Mar. 138 Mar. 1603 Jan. 119954 Mar. 28 Mar. 20

x315% Jan. 1485% Jan. 1092 Jan. 395% Mar. 1111% Mar. 11130 Mar. 23106 Feb. 2848% Mar. 810734 Mar. 81153% Mar. 30635% Jan. 201263% Feb. 1188 Feb. 161053% Feb. 2842 Jan. 1192 Jan. 1011 Jan. 8658% Jan. 31823% Jan. 313 Mar. 2362 Jan. 3199% Mar. 11073' Jan. 32 Feb. 18

415 Jan. 11130 Jan. 24129 Mar. 31503% Jan. 19x953% Jan. 219% Jan. 3180% Mar. 14a104 Jan. 1096 Jan. 629 Mar. 2771 Jan. 321 Mar. 748% Mar. 885 Feb. 24513% Jan. 31108% Jan. 3a135 Jan. 14893% Feb. 28203% Mar. 27518% Jan. 3170 Feb. 23109 Mar. 339% Mar. 144 Jan. 61084 Mar. 3130 Mar. 175 Jan. 31106 Feb. 119% Jan.93 Jan. 541 Feb. 19523% Jan. 121083% Jan. 11152 Jan. 51043% Feb. 1943% Mar. 16131 Mar. 841 Mar. 3

102 Mar. 141 Jan. 3123 Feb. 23

Highest.

Sale Prices.154 Jan. 426 Jan. 7103-' Jan. 7333 Mar. 1483 Jan. 372 Jan. 399 Jan. 574 Mar. 1796 Feb. 8103 Jan. 281953% Jan. 3653% Mar. 16113% Jan. 2678 Jan. 3119% Mar. 111751 Jan. 19116 Feb. 1557 Jan. 17102 Mar. 151403% Jan. 412 Jan. 357 Jan. 1831 Feb. 1925 Jan. 26473% Mar. 28833% Mar. 14104 Mar. 229% Jan. 2536% Mar. 9873% Jan. 2594 Mar. 161133% Jan. 4114% Feb. 3148% Jan. 10110 Jan. 2761% Jan. 4116% Jan. 81188% Jan. 468 Feb. 14131 Mar. 272098% Feb. 3x1083%Feb. 14553% Mar. 14102 Mar. 14211 Mar. 28911 Mar. 17923 Feb. 148 Jan. 477 Jan. 3118% Jan. 3109% Feb. 233% Jan. 5

550 Mar. 14145 Jan. 6132 Jan. 1457 Mar. 28993% Jan. 1114 Jan. 1287 Jan. 3a109 Jan. 7121 Feb. 931 Jan. 111051 Mar. 9425 Jan. 3803 Jan. 388% Jan. 1850% Mar. 20111% Mar. 7a140 Jan. 8953% Mar. 1625% Jan. 560 Feb. 1976 Jan. 17112 Jan. 2453 Jan. 452% Jan. 22115 Jan. 41443% Jan. 888 Mar. 10110% Mar. 17253% Jan. 251013% Jan. 1445 Mar. 14993% Mar. 16119 Mar. 16245 Mar. 2810914 Feb. 498 Feb. 14a1414Jan. 214% Mar. 28

108 Jan. 1550% Feb. 5293' Feb. 15

603% Mar. 31 63% Mar. 8 603% Jan. 31 66 Jan. 4

15 Mar. 31 31 Mar. 9 15 Mar. 31 35 Jan. 7

363% Mar. 31 54% Mar. 10 363% Mar. 31 573% Jan. 7

285 Mar. 1 350 Mar. 18 a265 Jan. 5 350 Mar. 18

1143% Mar. 3 116 Mar. 29 a113 Jan. 5 116 Jan. 27

165 Mar. 1 1733% Mar. 14 165 Mar. 1 1783% Jan. 17

440 Mar. 22 485 Mar. 25 415 Jan. 7 495 Jan. 3U

1123% Mar. 11 116 % Mar. 31 110 Feb. 4 116 Jan. 3

683% Mar. 1 77 Mar. 28 673% Jan. 31 77 Mar. 28

114 Mar. 1 116 Mar. 16 110 Jan. 24 116 Mar. 16

88 Mar. 2 92 Mar. 9 85 Jan. 13 99 Feb. 10

44 Mar. 2 533 Mar. 9 44 Mar. 2 533% Mar. 9

203% Mar. 29 213% Mar. 6 203% Mar. 29 243% Jan. 3

180 Mar. 17 180 Mar. 17 180 Mar. 17 180 Mar. 17

119 Mar. 8 110 Mar. 8 119 Mar. 8 119 Mar. 8

129 Mar. 24 a1333%Mar. 2 a126 Jan. 4 a1333% Mar. 2

433% Mar. 1 493% Mar. 16 43 Jan. 31 493% Mar. 16

18% Mar. 27 223% Mar. 9 18 Mar. 27 29% Jan. 5

56% Mar. 25 64 Mar. 9 563 Mar. 25 74 Jan. 5

1083% Mar. 1 j111%Mar. 28 108 Jan. 7112% Feb. 1

114 Mar. 1 115% Mar. 23 114 Feb. 29 1193% Jan. 4

68% Mar. 9 75 Mar. 25 683% Mar. 9 78 Jan. 6

107 Jan. 13 108 Jan, 11

14% Mar. 1 18 Mar. 17 13% Feb. 15 233% Jan. 18

613% Mar. 1 75 Mar. 22 013% Mar. 1 853% Jan. 17

42 Mar. 1 493% Mar. 16 42 Mar. 1 56 13-16Jan17

110 Mar. 17 110% Mar. 8 109 Jan. 151113%Feb. 23

%9% Mar. 1 12 Mar. 20 9 Mar. 1 12 Mar. 20

43 Mar. 1 50% Mar. 25 423% Feb. 1 50 Jan. 3

67 Mar. 9 833% Mar. 31 67 Mar. 9 833 Mar. 31

106 Mar. 13 110 Mar. 28 106 Mar. 13 110 Mar. 28

803% Mar. 24 85 Mar. 17 803% Mar. 24 a85 Jan. 18

nig Jan. 27 all4 Feb. 21

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

APR., 1916 STOCKS-STOCK EXCHANGE RECORD. 33

STOCKS. SALES TO APR. 1. I ) Price about

N V STOCK EXCH'OE EnSince Jan. 3March Jan. 1. 1916.

Par Shares: Shares. Bid. Ask.Kelly-Springf Tire 25 41,271 41,271

Preferred 100 600 600 Kennecott Copper 592,311 659,261 Kings Co Elec Lt & P_ _100 1,703 2,491 12834 12934Lackawanna Steel....-100 117,570 374,815 80 SaleLaclede Gas (St Louls).100 320 5,740 10434 106Lee Rubber & Tire 33,700 79,125 Liggett & Myers Tob_ _100 1,260 2,810 260 SalePreferred 100 764 2,098 118 11934

Loose-Wiles Bis tr ells_ 100 1,000 2,500 20 SaleFirst preferred 100 1,125 2,035 9334 96Second preferred_ 100 100 500 55 Sale

P Lorillard 100 2,310 8,211 180 185Preferred 100 300 2,102 114

Mackay Companies- -100 1,000 16,469 78 80Preferred 100 1,200 4,025 65 6634

Manhattan Shirt 100 200 61 65Preferred 100 100 450 104 110

Maxwell Motor tr ctf_100 198,350 397,125 7534 Salelet preferred tr ctf_100 16,342 41,520 93 Sale2d preferred tr ctf ..100 45,150 75,865 57 Sale

May Dept Stores 100 400 2,600 55 62Preferred 100 100 1,017 103 105

Mexican Petroleum.. 100 874,350 2,315,005 120 SalePreferred 100 5,100 8,600 104 Sale

Miami Copper 5 82,250 317,575 36 SaleMoline Plow 1st pref 100 100 100 Montana Power 100 7,600 15,410 7134 7434

Preferred 100 250 2,945 109 SaleNational Biscuit 100 4,400 8,006 124 125

Preferred 100 400 1,438 125 SaleNat Cloak & Suit 100 1,520 5,790 7834 Sale

Preferred 100 605 1,780 a112 SaleNat Enamel & Stamp_100 16,975 59,217 2834 Sale

Preferred 100 300 2,242 92 '9534National Lead 100 26,900 237,239 66 Sale

Preferred 100 352 2,545 113 SaleNevada Consol Copper--5 65,865 117,966 163( SaleNew York Air Brake 100 21,700 135,710 140 SaleNew York Dock 100 2,500 15 Sale

Preferred 100 25 40No Amer Co new stock.100 2,530 12,190, 75 SaleOld Dominion Co 25 900 900', Ontario Silver Mining_100 34,900 108,700' 934 SalePacific Mail SS 5 24,850 78,036 113% SalePacific Telep & Teleg_100 400 6,810 41 43

Preferred 100 195 93 95People's Gas L & Coke_100 5,778 32,528 11134 SalePettibone -Mulliken___100 400 50 60

1st preferred 100 100 300 91 95Philadelphia Co(Pitts)_50 14,200 43,500 z4334 SalePittsburgh Coal of N J.100 28,400 129,855 3534 Sale

Preferred 100 9,150 27,275 11034 SalePittsburgh Steel pref 100 1,700 4,600 95 9734Pressed Steel Car 100 33,988 83,173 6434 Sale

Preferred 100 1,300 2,641 104 105Pub Serv Corp of N J_100 650 1,250 116 120Pullman Company_ 100 5,922 27,882 165 167Quicksilver 1in1ng-100 6,250 33,680 4 47

Preferred 100 4,700 21,270 5 534Railway Steel Spring.. _100 22,300 55,500 4034 45Preferred100 1,055 2,655 97 100

Ray Consol Copper__.. -10 68,470 305,029 2534 SaleRepublic Iron & Steel_100 91,250 294,655 55 Sale

Preferred 100 3,920 14,926 110 SaleRumely (M) Co. Ctfs dep 600 2,600 13 15

Preferred Ctfs of dep - _ 100 900 24 28Sears Roebuck & Co.. _100 3,075 19,578 187% Sale

Preferred 100 500 1,300 12534 ShattuckArizonaCopper 10 84,500 252,680 Sloss-Sheffield Steel&1.100 9,300 29,925 6334 Sale

Preferred 100 400 1,300 99 104So Porto Rico Sugar......100 8,205 18,786 130 145

Preferred 100 1,216 2,896 105 108Standard Milling 100 1,590 2,605 9334 Sale

Preferred 100 1,000 2,657 8454 87Studebaker Corp (The)100 238,600 672,520 167 Sale

Preferred 100 1,045 4,206 11354 SaleTennessee Copper Co.._25 64,745 349,870 z62 SaleTexas Co (The) 100 49,900 165,700 230 Sale

Rights 28,635 28,635 Tobacco Prod Corp. pf 100 3,700 6,200 100 102Underwood Typewriter100 400 84 90

Preferred 100 100 340 107 113Union Bag & Paper 100 22,000 38,650 834 Sale

Preferred 100 7,050 10,260 28 31United Cigar Mfrs 100 7,050 11,500 6234 633%Preferred 100 330 590 all0 Sale

United Cigar Stores.. 100 9,695 24,873 k 954 SalePreferred 100 317 695 k1154 1134

United Dry Goods Cos.100 120 538 20 Preferred 100 190 1,980 67 73

United Fruit 100 61,660 109,751 14654 SaleU S Cast Iron Pipe & F.100 23,200 38,550 25 Sale

Preferred 100 5,400 8,100 47 51U 8 Express 100 1,300 2,400 45 49U S Indust Alcohol......100 169,950 778,820 128 Sale

Preferred 100 1,200 7,070 107 Sale,U S Realty & Improv_100 2,250 8,050 3934 Sale

U S Reduc & Refg 100 1,800 45,880 354 SalePreferred 100 1,900 10,800 3 43%

IT S Rubber 100 51,100 158,175 S534 SaleFirst preferred 100 6,860 15,862 10954 Sale

U S Smelt Refg & Mg ..50 36,890 36,890 Preferred 50 800 800

United States Steel...... 1001,384,535 4,632,530 8834 SalePreferred 100 20,116 63,413 117 Sale

Utah Copper 10 142,675 527,870 8034 SaleUtah Securities v t c_ _ _100 4,050 26,705 Va-Carolina Chemical_100 13,000 68,020 48 Sale

Preferred 100 840 2,790 112 SaleVa Iron Coal & Coke....100 900 4,300 Vulcan Detinning 100 100 300 Preferred 100 6 6

Wells, Fargo Express__100 2,690 0,740 z129 %SaleWestern Union Teleg__100 20,095 69,720 8834 SaleWestinghouse Air Brake.50 2 Westigh E & Mfg assent.50 501,140 1,088,480 6834 Sale

First preferred 50 700 3,720 78 SaleWeyman -Bruton 100 100 100 205 Preferred 100 400 111 Sale

Willya-Overland 100 13,985 37,415 233 SaleNew preferred 100 7,460 10,980

Woolworth (F W)_......100 6,600 40,750 119 SalePreferred 100 1,105 3,645 122 124

PRICES IN MARC!!. RANGE SINCE JAN. 1.

March 1.

Bid. Ask.

March 31.

52% Sale128% 1293473 Salez103 10549% Sale230 25011834 12215 18% 9050 56%198% Sale119 12080 Sale67 6853 60103 11061% Sale83 Sale4434 Sale50% Sale101 10596 Salo95 Sale35% Sale

70 Sale111% 11734121 Sale121 1263474 Sale108 11123% Sale96 986534 Sale114 Sale16 Sale

14034 Sale1034 1520 3568 70

6% Sale25% Sale32 4095 99103 Sale 5390 9340% Sale20% Sale103% Sale9334 Sale51% Sale100 103116 117%16234 Sale

3834 Sale99 Sale24% Sale49% Sale11034 Sale12% 1422% 27170 Sale126% 37% Sale55 Sale97% Sale165 17110934 11080 908534 Sale13534 Sale110 113 •54 Sale19834 Salo

09% 10580 90111 Sale7% Sale27 30%59 60105 110k9% Sale/11% 122034 6034 70141 Sale1734 Sale48 49%45 48144 Sale103% Sale43 451% Sale134 2g49% Sale106% Sale

x81 Sale11634 Sale83 Sale17 18%4434 Saleal09 Sale

121 13087% Sale

6234 Sale75 79205 240114 119206 Sale102% Sale11034 Sale12456 Sale

Bid. Ask.7531 Sale96 9734558% Salea130 Sale7634 Sale102% 10551% Sale248 250117% 119%16 1879 9051 58189 Sale115% 12079 Sale68% Sale53 59103 11871 Sale585 Sale55 Sale51 60104 105108% Sale595 10038% Sale

576 79112% 113122% Sale125 12774 76108 1112434 Sale94 97587 Sale113 113%51734 Sale5142 Sale10 13%18 3568% Sale

8% Sale22 2435 36x95 99104% Sale45 5585 9643 Sale27 Sale102 10308 9952 Sale102 Sale117 118%161 Sale3 44% 5343034 Sale95% 96524 Sale50% Salej108%Sale11% 1524 Sale17534 Sale125 126z36 Sale54 5691 99203 Sale5112 Sale91 958834 8934141% Sale111 11353% Salef1923(Sale17 Sale102 10783 89109 1157 Sale31% Sale61% Sale110 12095 Sale119% Sale

65j140%Sale21% Sale51 5246 50153% Sale104 Sale4356 443413.4 Sale134 2

5134 Sale10934 110%6834 Sale

A 5284% Sale116% Sale58234 Sale17% Sale44 Salez107 11051 Sale

126591

129Sale

z64% Salex74 76202 235114 221 225103 Sale122% Sale124 125

Lowest. Highest. Lowest. Highest.

Sale Prices. Sale Prices. Sale Prices. Sale Prices.6934 Mar. 10 7634 Mar. 20 693% Mar. 10 7654 Mar. 209654 Mar. 23 9734 Mar. 14 9634 Mar. 23 9734 Mar. 1452 Mar. 1 55834 Mar. 31 52 Mar. 1 5854 Mar. 311283-4 Mar. 2 130 Mar. 18 al2834Jan. 10 a131 Feb. 97234 Mar. 1 8334 Mar. 17 7234 Mar. 1 86 Jan. 610354 Mar. 29 106 Mar. 9 10334 Mar. 29 10734 Feb. 94834 Mar. 1 5254 Mar. 29 4854 Mar. 1 53 Feb. 1924934 Mar. 3 2553% Mar. 16 2493% Mar. 3 265 Jan. 4118 Mar. 30 122 Mar. 3 118 Mar. 30 122 Mar. 315 Mar. 7 1634 Mar. 6 15 Mar. 7 21 Jan. 1878 Mar. 25 8234 Mar. 9 78 Mar. 25 9134 Jan. 1350 Mar. 3 50 Mar. 3 50 Mar. 3 56 Jan. 2518754 Mar. 25 19834 Mar. 1 17934 Jan. 19 19854 Mar. 111734 Mar. 29 120 Mar. 3 11554 Jan. 6 120 Mar. 379 Mar. 17 8134 Mar. 7 79 Jan. 7 91 Feb. 1067 Mar. 6 6854 Mar. 22 653-4 Jan. 20 6854 Mar. 22

55 Feb. 1 60 Jan. 5110 Mar. 28 110 Mar. 28 109 Jan. 18 110 Mar. 285734 Mar. 3 7434 Mar. 29 5734 Mar. 3 753% Jan. 382 Mar. 1 58654 Mar. 24 82 Mar. 1 93 Jan. 34234 Mar. 2 573-4 Mar. 29 4234 Mar. 2 57% Mar. 295054 Mar. 1 5954 Mar. 18 5054 Jan. 31 62 Jan. 4105 Mar. 9 105 Mar. 9 10234 Jail'. 31 105 Feb. 140334 Mar. 1 11534 Mar. 20 9334 Mar. 112934 Jan. 395 Mar. 1 10234 Mar. 17 95 Mar. 1 10534 Jan. 33354 Mar. 1 3834 Mar. 31 333-4 Mar. 1 39 Jan. 498 . 7 98 Mar. 7 98 Mar. 7 98 Mar. 76834 Mar. 1 j7954 Mar. 28 6834 Mar. 1 7954 Mar. 2811134 Mar. 3 112 Mar. 2 109 Jan. 3 11454 Feb. 2312034 Mar. 9 12534 Mar. 20 12034 Feb. 28 12534 Mar. 20125 Mar. 14 12654 Mar. 28 125 Jan. 3 129 Feb.7234 Mar. 24 76 Mar. 30 7234 Mar. 24 8154 Jan. 1810834 Mar. 27 110 Mar. 10 10834 Mar. 27 113 Feb. 123 Mar. 1 28 Mar. 16 2254 Feb. 1 2934 Jan. 59434 Mar. 28 97 Mar. 9 92 Jan. 19 9734 Feb. 186534 Mar. 1 6954 Mar. 9 6434 Feb. 28 73% Jan. 1911334 Mar. 8 114 Mar. 20 112 Feb. 9 115 Jan. 2251534 Mar. 23 1754 Mar. 29 15 Jan. 31 1734 Mar. 2913754 Mar. 1 j150 Mar. 14 13754 Mar. 115354 Jan. 15

10 Feb. 9 1534 Feb. 11

68 Mar. 30z7034 Mar. 156% Mar. 12234 Mar. 2934 Mar. 2

103 Mar. 1

90 Mar. 2739% Mar. 12534 Mar. 21100 Mar. 893% Mar. 149 Mar. 310134 Mar. 311634 Mar. 29161 Mar. 312% Mar. 224 Mar. 2238% Mar. 895% Mar. 952334 Mar. 2748% Mar. 1j10834Mar. 3014 Mar. 2924 Mar. 3116854 Mar. 11253% Mar. 23343% Mar. 2753% Mar. 39734 Mar. 11170 Mar. 4z1093Mar. 1086 Mar. 1085% Mar. 1133 Mar. 1111 Mar. 3051 Mar. 27189 Mar. 3015% Mar. 410134 Mar. 3

111 Mar. 17 Mar. 3129% Mar. 259% Mar. 2108 Mar. 141954 Mar. 25111% Mar. 16a2054 Mar. 2463 Mar. 2913934 Mar. 116% Mar. 149 Mar. 1045 Mar. 81423.4 Mar. 1102 Mar. 24434 Mar. 251% Mar. 8134 Mar. 1047% Mar. 1106% Mar. 1673-4 Mar. 27513% Mar. 27

z793% Mar. 111554 Mar. 217934 Mar. 2717 Mar. 1742 Mar. 210934 Mar. 250 Mar. 27 Mar. 10

a25 Mar. 2212434 Mar. 1587 Mar. 1

60% Mar. 17634 Mar. 13225 Mar. 17

206 Mar. 1102 Mar. 2119 Mar. 112454 Mar. 21

708% Mar. 13 68 Mar. 30 75 Jan. 3738% Mar. 10 z7034 Mar. 15 733% Mar. 1098/ Mar. 24 63-4 Jan. 31 1134 Jan. 72034 Mar. 2 113% Jan. 3 2934 Mar. 236 Mar. 13 34 Mar. 2 44 Jan. 15 9334 Jan. 4 a96 Feb. 26

106 Mar. 14 10034 Feb. 9 111% Jan. 3 50 Jan. 11 55 Jan. 2090 Mar. 27 90 Mar. 27 9234 Feb. 74434 Mar. 15 398% Mar. 1 46 Jan. 173034 Mar. 4 2554 Mar. 21 3634 Jan. 17105 Mar. 1 100 Mar. 8 1118% Jan. 1308 Mar. 27 9334 Feb. 10 10034 Jan. 1858 Mar. 14 49 Mar. 3 655-4 Jan. 4103 Mar. 16 100 Feb. 9 1043-4 Jan. 4118 Mar. 24 115 Jan. 31 118 Mar. 2416334 Mar. 13 161 Mar. 3117154 Jan. 175 Mar. 3 23-4 Mar. 22 63% Jan. 1963-4 Mar. 3 4 Mar. 22 83% Jan. 26445% Mar. 17 37% Jan. 12 443% Mar. 1799% Mar. 1 9534 Mar. 9 100 Jan. 4243-4 Mar. 2 223% Jan. 31 26 Feb. 215434 Mar. 17 4834 Jan. 31 5534 Jan. 3112 Mar. 14 108 Jan. 21 112 Mar. 14143-4 Mar. 22 11 Jan. 24 1434 Mar. 2224 Mar. 31 24 Jan. 21 26 Jan. 5177 Mar. 15 16834 Mar. 1 188 Jan. 312754 Mar. 3 1253% Jan. 8 12754 Mar. 33834 Mar. 14 3334 Feb. 9 4034 Feb. 1460% Mar. 16 5334 Mar. 3 6334 Jan. 39834 Mar. 15 97 Feb. 8 101 Jan. 13205 Mar. 31 146 Jan. 29 205 Mar. 3111334 Mar. 27 106 Feb. 2 1133% Mar. 2797 Mar. 24 86 Mar. 10 97 Mar. 2489 Mar. 28 853% Mar. 1 89 Mar. 28151 Mar. 16 133 Mar. 1 167 Jan. 3114 Mar. 14 110 Jan. 22114 Mar. 4593-4 Mar. 16 51 Mar. 27 6634 Jan. 520834 Mar. 9 189 Mar. 30 23534 Jan. 31834 Mar. 18 1534 Mar. 4 18 Mar. 18

10954 Mar. 16 100 Jan. 4 10934 Mar. 16 86 Jan. 12 86 Jan. 12

111 Mar. 1 110 Jan. 28 111 Mar. 18% Mar. 20 634 Jan. 31 8% Mar. 2035 Mar. 18 28 Jan. 27 35 Mar. 1864 Mar. 20 5934 Mar. 2 64 Mar. 2010934 Mar. 21 al06 Feb. 2 110 Jan. 31934 Mar. 24 19 Feb. 9 110 Feb. 19

112 Mar. 18 1115-4 Feb. 10112 Mar. 18a203( Mar. 24 a2034 Mar. 24 30 Feb. 2163 Mar. 29 63 Feb. 18 7154 Jan. 101483-4 Mar. 16 13634 Jan. 31 15054 Feb. 11263% Mar. 141 1554 Jan. 31 2634 Mar. 145434 Mar. 20, 4834 Feb. 5 5434 Mar. 20495% Mar. 29, 45 Feb. 24 495% Mar. 2916154 Mar. 20 12634 Jan. 11 169 Jan. 21106 Mar. 14 102 Mar. 25114 Jan. 134834 Mar. 13 383% Feb. 19 49 Feb. 23234 Mar. 17 134 Jan. 24 3% Jan. 5234 Mar. 17 1 Jan. 24 4 Jan. 4545 Mar. 15 4734 Mar. 1 5854 Jan. 3111 Mar. 20 10654 Feb. 5 111 Mar. 20693-4 Mar. 23 6734 Mar. 27 693-4 Mar. 2353 Mar. 24 513-4 Mar. 27 53 Mar. 248734 Mar. 16 z793% Mar. 1 89 Jan. 311754 Mar. 16 z1153%Jan. 31 11834 Jan. 25863-4 Mar. 9 77 Jan. 31 8634 Feb. 1918% Mar. 20 17 Mar. 17 203% Feb. 3478% Mar. 16 42 Mar. 2 51 Jan. 171113% Mar. 20 109 Jan. 29 112 Jan. 3553% Mar. 18 50 Feb. 25 6234 Jan. 77 Mar. 10 7 Mar. 10 934 Jan. 28

a25 Mar. 22 a25 Mar. 22 a25 Mar. 2212834 Mar. 27 1243% Mar. 15 135 Jan. 179134 Mar. 31 87 Mar. 1 92 Jan. 15 a139 Feb. 24a139 Feb. 24

7134 Mar. 15 6034 Mar. 1 6934 Jan. 379 Mar. 15 75 Jan. 31 79 Mar. 15225 Mar. 17 225 Mar. 17 225 Mar. 17 111 Jan. 3 115 Jan. 24

2393.4 Mar. 16 19934 Jan. 31 23934 Mar. 16106 Mar. 20 102 Mar. 2 106 Feb. 7123 Mar. 29, 118 Jan. 5 12554 Feb. 912434 Mar. 1112334 Jan. 4 12434 Feb. 24

a Less than 100 shares. b Hz-tights. a Ex-div. & rights. d 1st paid. e 2d paid. I Full paid. g 3d paid. h Ex-stock div. f Quoted ex.dividend during the month and prior to this data. / On basis of $10 par. a Trust receipts. a Pa* s9x s 4th paid. to 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 Interest" except where marked "t" and income and defaulted bonds.

GENERAL QUOTATIONSBONDS AND STOCKS.

1. In the following thirty pages of tables, quotations are given for all the more important securities listed on anyStook 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 ofissue. As the New York Stock Exchange began with Jan. 2 1909 to quote all bond prices "and interest," we have adoptedthe same method, and no longer employ a designating mark to indicate the fact except where there is a deviation fromthis rule. The reader will understand, therefore, that unless the letter "f" is prefixed to the price, he must pay accruedinterest in addition to the price. This, however, does not apply to income bonds or bonds in default, in which oases theprice 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 interestforms part of the price, and therefore the purchaser does not have to provide for it separately in making payment. Asalready stated in the case of income bonds and bonds in default, the price is always "flat," and no designating mark isemployed to indicate the fact.

4. Stock prices marked thus (d) are per share. All others are per cent except bank stook prices, which are quotedper share unless otherwise stated.

5. It should be borne in mind in the use of these tables that the quotations for many inactive and unlisted securitiesare 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, "end" forendorsed, "cons" for consolidated, "cony" for convertible, "s f" for sinking fund, "1 g" for land grant, "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 "f" and income and defaulted bonds.

Bonds Bid.

RAILROAD BONDSBonds of companies cowed oroften under the consolidated name.Adirondack—See Del & HudsonAkron & Barb Belt g 4s '42_J&D 91Alabama Cent—See South'n RyAla Gt South 1st 58 Dec '27_ J&J 90Gen M 55 Dec 1 1927 £__J&D if 1st cons g 5s 1943 Ser A_J&D 98Eq 430g May 1916_ _M&N Belt Ry of Chatt 5s 1945_J&J

Ala Midland—See Atl Coast LinAlabama N Orl T & P June—"A" deb 58 g '40 red '10_M&N If "B" deb g 55 '40 red '10_ M&N If "C" deb g bs Nov 1 1940A&0 If

Ala Tenn & Nor 5s 1956__Adr0 Ala & Vick—Con g 5s 1921 A&O 1012d consol g 55 192E __A&O Vicks & Mer 1st g es '21_ Adz° 101

Albany dr Susq—See Del & HudAllegheny Valley—See Penn RRAlleg & West—See Buff R & PAllentown Term 4s g 1919_ _J&J 1 983Alton Bridge—See St C M drStL1Ann Arbor 1st g 4s 1995___Q-J 63Arkansas Oklahoma & West-

1st g es Jan 1 1947 J&J Aroostook Northern—SeeBangor & AroAroostook Valley—See Canadian Pac.Asheville dc Spartanburg—S U &Col 1st m g gu 45 1995 ..J&J

Atch & East'n Br-4s 1928_J&J 80Atchison Topeka dr Santa Fe—Gen mort gold 4s 1995 ..A&OAdjustment 4s July 1 '95_NovStamped M&N

Cony g 4s 1955 opt J&DCony g 4s 1960 J&DBonds g 5s 1917 J&DTrans S L lst g 48 1958 __J&JCal-Ariz lstdrr14jis'62opM&S

Series B E Okla Div let g 4s '28_M&SHutch & So 1st g 55 1928_ J&JRocky Mt Div 4s 1965_J&JSan Fran & San Joaquin Vail-

1st g be Oct 1 1940_ __A&O 107Santa Fe Prescott & Phoenix

1st g 5s 1942 M&S 1033iAtlanta Birm & Atlantic—Col tr notes5s'10ext to'15M&NAtl & Birm 1st g 5s 1934_J&J

Atlanta & Charl A L—See SouthMI Knox & Cin—See Lou & NasAtlanta Knoxv & Nor—See Lou isv & NAtlantic & Dan—See South RRAtlantic City—See Reading CoAtlantic Coast Line Co ofConn—Certs Indebt 65 irredeem J&DCerts Indebt 4s opt 1920_J&J

4s 1925 opt 1910 J&JAtlantic Coast Line RR-

1st cons 4s July 1 1952 M&SCol tr g 4s Oct 1 '52 opM&NCony deb 48'39 op 'le M&NUnified g 4s 1959 J&DGen unif Ser A 4%s '64.J&DEq 4s Sept '16-Mar' 17 M&S,b 4Eq 4%s Jne'16-Dec'21 J&Db 4AlaMid—lst gug5s'28M&N 107%Atlantic Coast Line of SC—Gen 1st g 48 July '48_J&JN E of El C 6s 1933 J&J

Brut, & West 1st 4s '38.J&JCent of So Car 6s '21 J&JChar & Say gen 7s 1936 J&JFla So 1st g gu 45 '45 J&JNor & Car be 1939._ _A&OPet'b'g—ClassA5s g'26 J&J

Class B 6s g 1926_ _Adr0Rich&Peters4%131940_ Aar()SavFla&W 1st g es '34 A&O

1st M g 5s 1934_ A&OSilver Spgs Ocala At Gulf-

4s g 1918 J&JW11.4 Wel gen g 5s '35 _J&JGen mort g 4s 1935 _J&J

Atlantic & Yadkin—See SoutheAugusta South—See South Ry_Aug Term—See Charl & W CarAustin dr Northw'n—See So PacBait Ches & Atlan—See Pa RR

933%89%

103 8%6

103101%,9097%

9610086

4284

ern Ry.

1 98

90%

92%809289

91%11093%107132%8810410411095119108%

9910592W

ru Ry.

Ask. Bonds B d. Ask. Bonds Bid. Ask.

613

80

Bait & Curnb Val RR es'29_J&JEx 1st M 6s July1931___J&J

Bait & Ilarrisb—See West MdBaltimore & Ohio—

Prior lien 3%s g 1925___J&J1st M 4s g July 1 1948__A&OCony 4% s1933 red 1923 M&S

100100

92%91%96,

9391%96%

Buffalo & Southwest—See Erie. Buffalo & Susquehanna Ry-

1st g 434s April 1 1953__M&NTrust Co certificates

Buff & Susquehanna RR Corp-1st 4s Dec 30 1963 J&J

Burl Cud Rap&No—SeeCRI&P

4%12

78

k Ref & gen 5s 1995 Ser A_J&D 10034 100 Burl & M. (Neb)—See C B & Q99 % 4% notes June 1 1917_J&D 100% lo07 ButteAnaconda & Pac 5s '44 P&A 97% 98%

4% notes June 1 1918_J&D 101%; 1013 California N W 5s 1928 gu_ A&O 101% Eq g 4%s 1917-Feb '22 _P&A 64 25%' 4.107 Cam & Clear—lst 5s g 105 107E 4%s 1916-1923 __A&064.257 4.10% Gen M g As 1955 P&A 93 94Pitt Jc&M div3%s g'25M&N 91 92% Canada Sou 5s 1962 ser A_A&O 104 104%

a 91W Pittsb Lake Erie & W Va— Can No—Land gr 4s 1919_P&A 8 79 Refund gold 4s 1941 _M&N 88 88% 1st con deb 4s 1930 gu_J& D30 k180ifk 69

90W div 1st g 3%s 1925__J&J

Central Ohio—91% 91% Coll tr 5% notes 1917.... M&S

Eq 4%s various 9931

b534%100%5%

101W Reor 1st con g 4%s'30M&S 100% Manitoba SE 1st 45 £'29 P&A 100 Monon Riv 1st g 55 1919 P&A 101% Winnipeg Term g 4s '39 g J&.1 Ohio RivRR—Ist g 58'36J&D 10011 Canadian Pacific—

Gen gold 5s 1937_ A&O; 104% Cons deben 4s perpetual_ _J& I lf a 80Hunt&BS 1st 6s 1922_ _J&J 100 6% notes Mch 2 1924_M&S2 1023% 103Ray Spen&G 1st 6s'20 F&A 100 Eq tr 434s 1916-1928 __ J&J 64.50% 4.25%

100 Pitts Cl & Tol 1st 6s '22_A&O 106 Aroostook Val 434s 1929_F& A 70 80Pitts Junc—lst g 6s '22__J&J 107% New Brunsw 1st g 5s '34_ F&A 81 08

63% 2d g 5s July 11022.. 101%' Cons deb 4s perpetual_J&J If al 77%Pitts & West—lst 4s '17_J&J 9934 Ont&Que deb gu 33 perp.J&D If 4111%Sch Riv East Side 4s '25.J&D 98' 9934 Carb & Shaw—See Illinois Cent

ostook . Staten Isi Ry 45s 1943_J&D 91 Carolina Cent—See Seal) Air L.W Va & Pitts 1st 49 g '90 A&O 88 88% Caro Clinch & Ohio 5s 1938 _ J& D 92 9431

Bangor & Aroostook- Equip 5s 1916-1922____ F&A64.62% 4. 0%88 1st M 5s g Jan 1 1943_ _J&J 0134 102% Elkh Ext 5% notes 1917_ M&N 97 Cons refund g 49 1951 _MO 65 68 Carthage & Adiron—See N Y C

Medford Ext bs 1937_M&N 80 85 Catawissa cons g 4s 1948 _ _A,ko 98 0994 Piscat Div g 5s Jan '43__A&O 94 96 CRIaF&N—SeeBCR&N87 StJohnsRivExt gu 5s'39..F&A 80 85 C H & Mo Riv—See Chic & NW87W Van Bur Ex 5s g Jan '43_A&O 90 93 Cent Ark & East—See St L S W104 Washburn Ext 1st 59'39_ F&A 90 Cent Branch Ry—See Mo Pac104 Aroostook Nor 5s g 1947 A&O 88 90 Cent Br U Pac—See Mo Pac1013i Nor Maine Seaport 5s '35A&O n 85 88 Central of Georgia-91 Battle Cr'k & Slur—See Mich C 1st M g 5s Nov 1 1945_ F&A 107% 973' Beech Creek—See NYC& H Cons gold 5s 1945 M&N 10031 Bellingham Bay dr British Col- Eq 434s Ser I 1916____ 6 4% 2.90%

1st g 58 Dec 1 1932 J&D 92% 95 Eq 5s Ser K Sept 1917_ M&S b 4% 3.50% Bell & Caron—See Illinois Cent Chatt Div gold 4s 1951__J&D 83W 88 Belt RR & Stk Yds (Ind'pTs)- Macon & Nor g 5s 1946_ _MO 103%

1st ref g 45 1939 M&N 94 97 Mid Ga & Atl 1st 5s 1947_J&J 10134 Belt Ry of Chat—See Ala Gr So Mobile Div g 5s 1946_ _.1&.1 103%

Belvidere Del—See Pennsylvania Oconee Div 1st g 5s 1945..T& 99105 Bennington & RutPd—See Rut Cent RR & Bkg 5s 1937 M&N 0 969(

Big Sandy Ry—See Ches & Ohio Chattahoochee&G 5s '30_J&J 9847 Birm Belt—See St L & San Fr Chat R & South g 5s '47_J&J 10088 Birmingham & SE 6s 1961 M&N 100 Eatonton Br 5s g 1926.__J&D 98

Birm Term 1st g 45 '57 gu_ M&S 82 Ocean SS Co g gtd 5s '20-i&J 98Boca & Loyalton es '23 op A&O Cent Indiana—See Cl Cm Oh & Loul9

ash Boonv St Louis & Sou—See Mo Pacific Cent New Eng—See NYNH HartfBoston & Albany 50 Oct '63.J&J 110% 113 Central of New Jersey—5s July 1 1938 Ois July 1937 J&J

108101

109%10234

Gen M (now 1st) g 5s '87 _J&JAm DdrImp Co gtd 5s '21 .J&J

117%10331 lal"

101 48 May 1 1933 gu NYC_ M&N 9431 95 Leh & W B Coal con g 4s 4s May 1 1934 gu N YO M&N 94% 955 1920, 1925, 1930, 1935.J&D64.40% 4.15%91% 4s May 1 '35 guN Y CM&N 94% 9534 N Y & L Br gen 43 '41__M&S 98 100

33s Jan 1 1951 J&J 83 8438 General gold 5s 1941_ M&S 98 93 Ref 3%s 1952 gu NYC__A&O 82% 84% Central Ohio—See Ball & Ohio86% Bost & Lowell 43s Feb '33_J&J 99 101% Central Pacific—See So Pacific.92%90

48 July 1 1916 J&J4s Oct 11918 Adr0

993498 99%

Cent Venn 1st 49 May '20..,_Q-FCharleston & Nor—See Caro All

80It West

8031

91% 4s April 1932 ASK) 93% 9534 Charl & W Car 1st 5s '48 _A&O 103% IW4.404.40

33s July 1 1919 J&J3s Jan 1921 J&J

96 I 97349434 9638

Aug Term 1st gu g Os '47 A&OChateaugay Ry—See Del & i.

115%

107% Boston & Maine-43s g '44J&J 84 34 Chattanooga Sta 45 '57 gu_Jda 814345 April 11929 A&O 8934, Chesapeake & Ohio-

4s Sept 1 1926 M&S 4s Feb 1 1937 P&A 45 Aug 1 1042 F&A

87%;

78%,

1st cons g 5s 19:39_____M&N General 4s gold 1992_ M&S

Cony g 4%s 1930 op '15_ P&A

105%91%'56 I

10792348631,

334s Nov 1 1921 M&N 89% Gen fund imp1 5s 1929-1&J 96 1 9733s Jan 1923 J&J 87%, 5% notes June o19__J&D 101%1 101%

89 3s July 1950 J&J 60 Cony g 5s w i 1949 A&O 97%1 97% PortsGtF&Con 4 '37_J&D 93% Craig Valley 1st bs g '40__J&J 96W

8531

98% Bos & NYAL—See NYNEI&H Boston & Prov-4s 1918.. .J&J 99

Potts Creek 48 1946_ _ _J&JR & A Div 1st eon x 48'89.J&I

808$

Boston Rev B & L 43s '27_J&J 99% 2d cons g 49 1989_ J&J 83120%. Bruns & W—See At Coast Line Warm Sp Val 1st bs g '41M&S 9634 Buffalo Creek 1st 5s 1941_ J&J

Buff N Y & Erie—See Erie Coal Riv Ry 1st 4s gu'45.J&D

Elevator Cog 4s gu 38 _A&O83%so

Buffalo Rochester & Pittsburgh Big Sandy Ry 1st g 43.44.J&D 83% General 5s g 1937 M&S 109% GreenbRy 1st g gd 4s'40MAGN 86 Con g 43s 1957_ M&N 1023/i Raleigh & S W 1st Is '36 _J&J n 80 85

Equip 434s Ser E 1922_ MAN64 3871 4.20%! West PoeCorplst4 48'45 FdrA Equip g 4%s Ser F 1927.. A&O 64.38 4.20%1 Chesapeake & Ohio Northern-Equip 43 Ser 1929._ __A&O 64.3841 4.20%' 1st M 5s 1945 guar__ _A&O 99 100Al & West 4s g guar 1998A&O 92% Chesterf'd & Lane 1st 5s '55F&A 95Clear & M 1st 59 g gu '43_ J&J 101 1Roch & P lst g es 1921._ Pdr1 107% 1oN,Consol 1st g 1922__J&D 11031' nox

6 Basis. This price includes accrued interest. k Last sale. 1 In London. n Nominal. s Sale price.

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

APR., 1916.) RAILROAD BONDS. 36NOTICE.—All bond prices are now "and Interest" except where marked "f" and income and defaulted bonds.

Bonds Bid. AsL. Bonds Bid. Ask. Bonds Bid. Ask.Chic dcAltonlst”is 1950 __J&JRR refund g 3s 1949 _ _A&ODeb 55 1922 subj to call_J&D Eq Assn 4%s 1916-18_ _M& N

Chicago Burlington & Quincy—Gen M 45 1958 M&SDeny Ext coil tr 45 1922_ F&AIllinois D1v3As'49op'29 J&J

4s July 1 1949 Jdz.1Iowa Div s f 5s 1919____A&OSinking fund 45 1919__A&4)

Nebraska Ext 45 1927_ AttuSWDlvsf4sl92L M&SBurl dr Mo(Neb) con6s'18J&JRepub Vail let Os 1919_ _ _J&JC B & Q joint 4s--See Gt Nor

Chicago dr Eastern Illinois—Ref dr Imp M 45 g '55 op_J&JU S Mtg & Tr ctfs dep _ _ _

1st consol 6s gold 1934_ _A&OGen consol 1st 5s 1937 M&N U S Mtg & Tr ctf depStamped May 1915Stpd May '15 & Nov '15..

Guaranty Tr Co ctf depPurM let lien coal5s'42opF&A Eq 5e Sept '16-'22 op__ _M&SCh de I C Ry—lst 55 '36_ J&JDanv&G Cr 1st M Os '20M&N Ey TH&Chic inc Os '20_ M&N

Chic Gt West—lst 4s 1959M&SChic Ham & West let 63'27 J&JChic & I C Ry—See Chic & E IllChicago Indiana dr Southern RyCon mtge g 4s 1956 guar_J&JInd Ill & Ia 1st g 4s 1950. J&J

Chicago Indianan & Louisville—Ref M g Os 1947 Ser A.. .J&JRef M g 55 1947 Ser B_ ..J&JRef M g 4s 1947 Ser CGen M 5s July 1919 opt ...TAOEq 41s Sept 15 '16-121M&SEq 4 s Apr 15 '16-'21 A&015Eq 4 s Aug '16-Aug '23 .F&AIndianan & Lou 1st 4s '5()J&JMonon Coal gu 5e '36 op J&D

Ch I & StL ShL—See CCC&StLChicago Lake Shore & Eastern—

let M 4%s 1969 op 1919_J&DChic Milw & Puget Sound-

1st M g 4s 1949 guar J&J-Q-JChicago Milwaukee dr St Paul—Gen g 4s A May 1 1989_ _J&JGen & ref 4%s Jan 2014 A&OCony 5s Jan 2014 Ser B F&AGen g 3%s B May 1 1989 J&JGen g 4%s May '89Ser C J&JDeb gold 4s July 1 1934_ _J&JCony deb 4%8'32 op '22 J&DGold bonds 4s 1925 op '22J&DChic & L Sup Div g 5s '21 JdzJCh & Mo Riv 1st 5s 1926_J&JCh & Pac WestD1v5s'21_J&JDubuque Div 1st 6s 1920 J&JFargo dr Bo g Os ass'd '24_J&JLa C & D Div 1st 5s 1919 J&JMil dr Nor Os ext at 4W34 J&DCon6s'13ext at4%to'34J&D

Wis dr Minn Div g 5s '21_J&JWise Vail Div let 6s '20 J&J

Oh& No M—See Pere MarqChicago dr North Western—Gen M 3%s g 1987 M&N Gen M gold 4s 1987_ Mdc NStpd non-pay Fed Inc Tax

Geu M 5s1987stpinc tax M&NSink fund deb 5s 1933_ _M&NSinking fund 6s 1929.. A&O

5s 1929 A&O30-year deb 5s 1921..._A&0 15Exten bonds 4s 1926_ _F&A 15Equip tr 4%01916-1922_A&OCedar R dr M 1st 7s 1916M&NBoyer Val 1st g 3 s 23_J&DDes Plaines Val 4 s '47_ M&SFrem Elk & Mo V 6s '33 A&OIs Minn & NWlst3 s'35J&JManitowGB&NW3 s'41J&JMashf eat 1st M 58 2 AMil Lake 1311 &W 68 1921MdrN

Mich Div 1st g 6s 1924 J&JAshland Div 1st g68'25M&SExt dr Imps f g 5s '29_ FdrA

MilSparta&NWlet4s '47M&SMil&StateLine let3As'41J&JMinn & Ia 1st g 34s '24 J&DNW Un 7s g June 1 '17_M&SPeoria & N W 3; 1926 M&SPrin Northw s 1926 J&JSt L PeeN W s, 1948_J&JStPaulEastGrTr4%s '47 J&JSioux City & Pac35e'36F&AWino dr St P 1st 7s 1916_J&D

Chicago Peoria & St. Louis—Pitor lien g 4%s 1930 M&S

Chic Rock Isl dr Pac Railway—General gold 4s 1988_ _ _ _J&J1st mtge 6s 1917 J&JRef g 4s 1934 op to 1911_ A&OColl tr g 4s Ser N 1916_ M&Ndo do Ber 0 1917_M&Ndo Ser P 1918_ _ _M&N

Deb g Ss Jan 15 '32 op J&I15Bkrs Tr ctf dep stp July '15Stpd July '15 &Jan '16_

Eq 15s Ser H '16 '23___ J&JEq 4%s 1917 F&AEq 4%s Apr'16-Oct '19_A&OEq 4s May '16'-2&, M&NEq 4%s July' I6-July '27_J&JBurl Cedar Rapids & North—Con lst&col tr 58 g'34 A&O

Cedar Rap Ia Falls dr NW-58 guar 1921__A&O

MdzStL 1st gu g 7s '27 J&D Choctaw Oklahoma dr Gulf—Gen M g 5e Oct 1 1919 J&J°onset gold 50 1952_ M&N

4459

6 5.55

93%99% 85%94%102% 99%98%99% 100% 101

23%f 20%104%

76

65.6015

72%110

90%90%

11297%8198%

64.75b4.75b4.75

7050

97%

90%

91%03%106%80102%91%10095103% 106103% 106% 111% 102%102101% 103% 106%

94%

110104%112104% 103%97%

b4.25100% 9498%1204 88%86% 103% 108112% 112% 100% 91%86% 9310359258 92% 10798%88102

55

85%102%68%9883% 80% 45%41

65.25b5.2565.2565.2565.25

99%

99% 91

4459 485%

4.85%

73%

8695%

99%98%

2523%105%78%79

7975%

80%

4.90%21959573%113

913%93%

113101%

994.4074.404.40%

70

91

92%04106%8110392%100%95%

102%

107%

81%94%

04%116%105%

103%

4%

100

90%

108%

92%

10810089%

70

86102%68%

4645%

42%4.80j4.804.804.804.80%

100%

99

Chic R I & Pac Ry (Concd)-Choc & Memph fis 1949__J&JPeoria RyTer 4e'37 gu op J&JR I Ar & La 4%5 1934__M&SRock fel & Peoria 65 '25__J&J St P & K C Sh L 4%s'41F&A Keo & Des M—let 5s '23A&O

Chic St L & N 0—See Ill CentChic St L & Pitts—See Pena CoChic St Paul Minn & Omaha-Con Os June 1 1930 J&DCon 6s red to 3%s 1930 J&DDeb gold 55 Marl 1930 M&S Stamped

Ch St P & Mist g 68 1918M&NNorth Wisconsin-6s '30_ J&JSt P & SC 1st g 6s 1919 _A&OSuper Sh L 5s June 1930 M&S

Chicago Terminal Transfer-Chic dr Gt W 5s g 1036.. _J&D

Chic Terre Haute dr Southeast-let & ref g 5s Dec 1 '60opJdr D.Sou Indiana let g 4s '51_ F&A

Chicago Union Station-1st g 4%s 1963 J&J

Chicago & Western Indiana-Gen gold Os Dec 1 1932_Q-MCousol g guar 45 1952_ _ __J&J5% notes Sept 1937 ..M&S

Chic & West Mich—See Pere MChoc Ok & Gulf—See C R I Jr PCin Day dr Iron gu 55 '41_ M&NCin Find dr Ft W—See Cin H&DCincin Hamilton & Dayton-General 5s gold 1942_ _ __J&D2d mtge gold 4%s 1937 __J&JGen M 4%s July 1 1939

Fixed 470 int J&J & Nov let & ref gold 45 1959.... _J&JGuaranteed

Cin Find&FtW 4s 1923.M&N Dayton & Mich let 5s 1911Ext at % to'31op'17J&J

C I St L & C—See CCC & St— Cincin Indianapolis & West-

1st dr ref g 45 1953 guar_ _J&JInd Dec&W-11st g 53'35_J&J

let guar gold 5s 1935_ _J&J Cin Lob & Nor—See PennsylvanCinc & Musk Val 4s 1948..F&ACincin N 0 & Texas Pacific—Eq 4s May 1916_ M&NEq4 s May 15'16-21 M&N15

Cincln North let g 4s 1951_J&JOn Rich & W-7e g '21_J&DCin San & Clev—See CCC& StLClearfield & Jeff—See Pa & N WClearf & Mahon—See B R & PCleveland Akron & Columbus-

General gold 5s 1927_ _ _ _M&Slet cons guar g 4s 1940_ F&A

Unguaranteed Cleve Cinch' Chic & St Louis—General 48 gold 1993 _ _J&DGen M 58 Ser B 1993___J&JDeb gold 4%s 1931 J&J

Eq tr 5s 1916-1929 J&JCairo Div 1st g 4s 1939_ _J&JC W & M Div 1st 4s g'91._J&JStLDiv 1st col tr g4s'OO_Mdr NSpr&ColDiv 45 let g'40_M&SWhite WV Div let 43'40...I&JCent Ind Ry gu 4s 1953_ M&N Chic Ind & St L Sh Line Ry-

let gold guar 45 1953_ A&OC I S L&Clst4s g Aug'36_Q-FCon s f (is '20 dr ®105.M&N

CluSan&Clev con g 53'28_ J&JClev Colum Cin dr IndiananGen con gold Os 1934__J&J

Id Dim & W ext 4e 1940_ A&OInd & St L 1st 7s 1919 A_J&J

1st 78 July 1919 Ser B_M&Slet 7s July 1919 SerC.M&N

0 Ind & W g 5s Apr 1938_ cq-J Pao AC East cons 4s '40_ _ A&O

2d cons inc 4s 1990_ __Apr 1 Empire Trust ctfs den _

Cleveland Lorain dr Wheeling-Cons now 1st g 55 1933_ _A&OStamped subject to call_

Con refg g 4%s 1930 red_J&JCloy & Mahon Val—See ErieRRCloy & Marietta—See Penn RRCleveland & Pitts—See Penn Co

Cleve Short Line—See L S & MS Cleveland Terminal & Valley—

let 4s gold guar 1905_ M&NCoal & Coke Ry 5s 1919__A&OCoal & Iron Ry—See WesternMColo Midland—let 48 g '47_J&JCent Tr Co ctfs of dep

Colo dr sou lst g 4s 1920 _F&ARef M g 4%ti May 1 '35_ M&NEq 5s Ser A Apr '16-'17_A&OFt Worth & D C 6a '21_ _J& D

Colo Sou N 0 & Pac—See St L&Colo Spr & Cripple Crk D Ry-

let gold s f 5s 1930 J&J let cons 5s Oct 1942 A&O

Col Connect&Ter—See Norf&WCol Hock Val&T—See Hock ValConcord & Mont cons 4s '20J&DDeb 4s June 1 1920 J&DDeb 3%s June 1 1920_ _J&D

Conn & Pass—let g 4s '43_ A&C)Newp&Richt 1st 5'41 gu_J&J

ConnRiver—Gold 4s 1943M &S3%s Jan 1921 J&J3%s Jan 1 1923 .Ida

Connecting Ry (PhIla)-let M gu 48 Mar15'51.M&S 15

Connellsv & Monongahela Ry-1st s f g 4s 1930 opt____M&S

Cuba Eastern let 6s 1933_M&S Cuba RR-1st g 58 1952... _J&JCum & Penn—let g 58 '21_M&N

Current Riv—See IC C Ft S & MDallas & Waco—See Mo K & TDam; Ry & CI—See El Paso &

935052

55

118% 90%

118118105% 105

90

6862

100

106%78%100

30

7085

f 70

7479%

98

55

is, RR92

64.60%64.60%

80108

1029202

78%99%84%

64.558275%818676%

8492% 105101%

114% 80103103103

65%I

107%

96

87%85

aryland8%

91%84

b 4.62105

S F

9985

97% 92% 90% 8710090% 9393%

98%

95

96

Southwestern

95

58

71

102% 102%

109

8267

100%

107%79100%

73

80

80

4.4004.40

90

78%100%86%

4.25%83%77%82

83%

105%

672533

88%90

8%8 A91%85

4.25%106%

101%87

95

97%

97

Dayton & Mich See Cin if & DDelaware & Bound Brook—

let cons gold 3%s 1955_F&ADelaware dr Hudson—

Cony deb 48 June 15 '16_J&DCony 55 1935 sub rcts__A&O

1st lien equip g 4%s '22__J&J1st & ref gold 48 1943_ _M&NPenn Div 7s Sept 1917__M&SAdirond 1st 4%e '42 gu_ M&S Albany & Susq 3%s gold 1946(cony before 1916) gu_ A&O

Bluff Point Land Impt Co-1st M g guar 4s 1940... J&J

Chateaugay Ore & Iron—Guar gold 4s 1942_ _ _ _J&J

Hud Coal deb 4s '16-'18_ M&N Rena & Sar reg 1st 7s '21M&NUtica Clin & Bing 55 '39..J&J

Delaware Lack & Western—Morris & E sex 33-02000 J&DN Y Lack & Western—

let Osg'd Jan 1 1921_ _J&J2d 5s g'd cons 1923_ __F&ATerm & Imp 4s gd '23 M&N

Osw & Syrac gu 5s '23_ M&NWarren let refg3 2000F&A

Denver & Rio Grande-1st con g 45 1936 J&J1st con g 4%s 1936 J&JImprov't gold 5s 1928.... _J&D

1st & ref g 5s 1955 op__ _ F&AAdj inc 78 cum 1932 op _ _ A&ORio Or JUEIC let gu 5s '39 J&D

Rio Or So 1st g 4s '40.. ...J&J1st g 48 guar 1940 J&J

Rio Or West let 4s '39.. _J&Jlet cons g 45 1949 op_ .A&OUt Ct 4s gu gJan 1 '17_ A&OUtah Fuel 1st 5s 1931_ M&S

Des Moines & Ft Dodge—See MDes Moines Union 581917 M&N

Des Haines Val Ry—See Chic &Detroit Grand Haven & Mllw-

1st Equip (is Nov 14 '18_A&O Con gu 68 Nov 15 1918_ _A&O Det Or Rap & West—See PereM Detroit & Mackinac—

Prior lien gold 45 1995.. _J&D Mortgage gold 4s 1995.. J&D

Detroit Mackinac dr MarquetteLand grant Inc 78 1911A&O

Detroit Riv Tun—See Mich ConDetroit & Toledo Shore Line-

1st gold guar 4s 1953...... J&JDul dr Ir Range—lst 5s '37 A&ODul Mis & Nor 1st 6s '22__J&J

let cons g 6s Jan 11023.. _J&JGen g sf 5s Jan 1 1941_ _ _J&J

Duluth Rainy Lake & Winnipeg1st 5s 1916 ext 1921____J&J

Dul Short Line—See St P & DulDuluth South Shore & Atlantic

1st gold 55 1937 J&JDutchees Co—See CentNewEngEast Tenn Va & Ga—See So RyEastern Minn—See St P M & MEaston & Amboy—See Leh ValElgin Job & East 55 1941__M&NElkin & Alleg—Os 1941 J&J

Elmira & Williamsport—let 65 '10 ext at 4% 1950_J&J

Income Es 2862 A&OEl Paso dr Rock Ield—See El Pas

El Paso & Southwestern Co—New Mexico Ry & Coal Co-

1st col tr g 5s Oct 1 '47 A&Olst&con&c,oll tr g 58'51A&ODawson R & Coal 5s '51J&JElPas&RI 1st g gu5s'51J&J

Erie--NY&E let4sextg'47 M&N 5s 2d ext gold 1919 M&S 4%s 3d ext gold 1923___M&S 55 4th ext gold 1020...... _A&O 4s 5th ext gold 1928 _J&D

7s let COM g 1920 M&S78 1st cons g fund 1920_M&SPrior lien gold 45 1996_ __J&JGen lien gold 4s 1996_ ___J&JCony gold 4s 1953 Ser A. A&C)

Series B 1953 A&OSeries D 1953 when iss A&O

Eq 45 May '16-Nov '16 M&NEq g 4As Aug'16-Aug'21F&AEgg 55 July 1916-1923_ _J&JEq 4 lisSer B B Aug16-24F&A5%% notes Apr 1917_ Adr0Penn coll g 4s Feb 1 '51 F&ABuff NY & E 1st 7s 1916_ J&DBuffalo & Southwestern-

1st g 6s'08ext at 5%'l8 J&J2d g 5s '08 ext to 1918_J&J

Jeff RR5s gu'09 ext to'19A&OChic & Atl Term 5s 1918_J&JCh & Erie 5s 1st g 1982_ M&NCleve & Mah Val g 55 '38 J&JErie dr Jersey s f Os 1955_J&JGenesee River 6.9 1057.. .J&JLong Dock fle con g 1935 A&0Newb & N Y 1st 58 1929_J&JNJ&NYletOs 1910—Ext at 5% to 1950_ M&N

NY&Gr Lake gu g 55'46 M&NNYLE&WC&RR-

1st Os curr guar 1922_ M&NN Y L E &W D & I 1st Os '13Extended at 59' to '43 J&J

N Y Pa & Opt 4%s '35 M&S N Y Susq & Western-

1st refunding 5s 1937_ .J&J2d mtge 4%s 1937_ _ F&A Gen mtge 55 gTerm let g 5s 1943..__ M&NMidland of N J let 6s_1910ext at 5% to 1940_ _A&O

Wilkes & E lst g 56'42 J&D Erie & Jersey—See Erie RR

Erie & Pittsb—See Penn RR—European & N A—See MaineEvans IIend & Nash—See Louis

84

100%106%101%97104%

87%

80

112% 100

87

107%103%9810084

78%83%79%58/6585333575628082

inn & S99% NW

83%80

83102% 104104104

95%

92

103%

96104

o & Sou

9595989595% 102%100% 102% 94% 110%1108575%70%77%85

64.5064.5064.50 064.50%101%89% 100

101959090107%103% 108108122% 95

98100%

102

10696%

97

80105%

104% 88

Central& Nash

100%1071029T%104%

87%

95

87%

108%

79858160679035%

76%65

t Louis

too100

8984

32

106

97

95

104%

98107

thwest

102%

110%110%87550„

70%7886

4.2074.204.20 04.20%101%

108%

109%

104

1009084

90

13sals. 'This Moe includes seemed interest. k Last sale. I In London. it Nominal. *Sale Dries.

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 "I" and ncome and defaulted bonds.

Bonds. Bid. Ask. Bonds. Bid. Ask. Bonds. Bid; Ask.

Evansville & Indianapolis— Ind Dec & West—See Cin I & W Louisville Henderson & St L-Consol g guar Os 1926___J&J 25 50 Indiana Ill & Ia—See Chic Ind & Sou 1st mort gold bs 1946____J&J 10231 105Ev & In 1st g gu 6s 1924_JacJ 25 50 Ind & Louisv—See Ch Ind & L Louisville & Jeffersonv Bridge—

Evansville & Terre Haute— Ind St L—See C C C & St L— Guaranteed gold 4s 1945_ M&S 81 -----

let cons gold 6s 1921____J&J f 91% 95 Indianapolis Un 4315 '26_ _ M&N 95 Louisville & Nashville—1st gen 55 gold 1942____AttO 1 55 65 Gen & ref g 5s 1965 Ser A_J&J 10231 Gen mort gold Os 1930J&D 11231 Refund M 55 July 1941__J&J 10 Interboro-Met ISee Street & El 50-year gold 55 1937___M&N 109%Mt Vernon 1st Gs g 1923_ A&O 95 Inter Rap Tranf Ry Securities Unified gold 4s 1940_ _J&J 943/s 94%Sul Co Br 1st g 55 1930_ _ A&O 92 International & Gt Northern- Coll tr gold 5s 1931_ _-M&N 1053/s

E T H tic Chic—Sec Chic & E Ill 1st g Os 1919 M&N 9731 Equip 5s Pne 1916-1923_J&D 64.25% 4%Fargo & So—See Chic M dc St P 5% notes Aug. 1 1914F&A 50 60 At K & Cin div 4s 1955_M&N 8731 88Vitchburg-5s Jan 1 1934 _J&J 99% 101% Col Riv Bridge 7s '20, _M&N Atl Knox & Nor 1st 5s'46J&D 1083% 4%s ref 1928 M&N 95% 96% Internat Rys (Central America) Consol gold 45 2002_ M&S 4%s Jan 1933 J&J 94 95% let M 5s 1972 opt_ _M&N kl 6631 Lou C & Lex 4%s g '31_1\lit N 102314s July 1 1916 J&J 99 Iowa Central—See finn & St L N 0 & Mob 1st g Os 1930_ J&J 116% 1174s refunding 1925_ _ __M&N 923'j 93% Iowa Falls&SC—lst 78 '17.A&O 10331 10431 2d gold Os 1930 J&J 10945 refunding Mar 1927__M&S 91% 92% Is Minn & N W—See C & N W Pad&Memdivlst 4s '46_ F&A 8931 904s refunding 1927 A&O 91% 92% Jacksonv Ter 1st 55 gu '39_J&J Pensacola Div 1st Os '20 M&S 10631 4s Jan 1928 J&J 903% 92 Jamestown Frank & Clearfield- St Louis Div 1st g Os '21_ Mal 10681m

3%s Oct 1 1920 A&O 933/3 94% 1st g 4s 1959 guar J&D 9131 92% 2d 3s 1980 33s Oct 1 1921 A&O 92% 93%.Jefferson—See Erie SE & St L div 6s 1921 MS Troy & Boston-7s 1924_J&J 113 Joplin Union Station- E H tic N 1st Os 1919_ _MD 10731

Flint & PereMarq—SeePereMar 1st g 431s 1940 guar op_MticN 92 Henderson Br 6s g 1931_ NI& S 10531Fla Cen & Pen—See Scab Air L Kal Al & G R—See LS&MS Kent .Central-4s g 1987_J&J 8831Florida East Coast 4%s '59 J&D 933' 93% Kanaw & Mich—See Tol & 0 C Lex & East 1st 58 1965__A&O 10131Florida South—See Atl Coast L Kankakee & S W—See Ill Cent L&N MobScMont4 %s'451.\1&S 100% Florida West Shore 5s 1934_J&J 92 Kan City Belt 1st 6s 1916__J&J 100% 101 Louisv & Nashy South'n JointFonda Johnstown & Gloversv- Kansas City Clinton & Sp- gold 4s 1952 J&J 78% 83

1st cons ref'g g 4%s 1947_J&J 783/i 83 1st 58 gold 1925 guar___A&O J 60 L&N Term lst g 48'52 gu J&D 86 88Gen ref'g gold 4s 1950___J&J 75 Kansas & Colorado Pacific—See Mo Pac Nas F & S 1st gu g 5s '37..F&A 106% 1st con ref 43,s '52 opt_M&N 79 83 Kan City Ft Scott & Memphis— Newport & Cincin Bridge-

Fort Dodge Des Moines Sc Sou- Refdg g 4s 1936 guar_ _ _A&O 75% 7631 1st M g 431s 1945 guar_J&J 9731 1st bs 1938 J&D 933 Cons Os 1928 M&N 110% 11031 Pensa & Atl lst Os gu '21 F&A 10831

FtSmith&West 1st g 48'54_ A&O I Current Riv 1st 58 1927_A&O 85 05 & N Ala Con M g 5s '36 Fez A 108Ft Worth & Den C—See Col dc SFt Worth & Rio Gr 4s 1928_J&J 63 66%

K C Mem 4c Bir 4s 1934_ M&SIncome be Mar 1934 Sept 1

82 Gen con gu g bs 1963'A& 0Macon Dub & Say 5s 1947 J&J

10202

1023196

Fre Elk & Mo Riv—See C &NW Affiented M&S 7531 Macon Terminal bs 1965 _J&J 09 100Galv Har & San An—See So Pac Ctfs of deposit 7531 Mahoning Coal—See LS&MSGenesee River—See Erie RR Kan City & Mem Ity & B— Maine Central-Coll tr 68 '23J&D 101%

Gen & Wyo 1st g be 1929A&O 743 lst 5s gold 1929 A4c0 00 1st & ref 431s 1935 Geor & Alabama—See Scab A L Kans & Mo—ist be '22__F&A 5% notes 1919 M&N 102%

Georgia Car & N—See Scab A L Kan City & Mem 5s 1961_M&N 0090 Eur & N A 4s gold 1933_ J&J 02%

Georgia Coast & Piedmont- Kansas City Mexico dc Orient- Hereford Ry—G 48 '30_M&N 01

1st gold 5s 1962 A&O 85 1st gold 4s 1951 F&A I Knox & Linc 1st M Pen ShGa & Fin 1st g 55 1956_ __ _ M&N 20 30 6% notes Apr 30 1916A&O 85 88 line 4s 1920 F&A 06

Geor Midland—See South'n RyGeorgia Pacific—See South'nRy

Kan City & N W 1st g 5s '33 J&J Kan City ac Pac —See M K & T

Upper Coos 1st gu 4s '30 M&NUpperCoosEx4315 g '30 M&N

8994

95

Geo RR dr Bank'g Os 1922_ _J&J 103 Kan City St Jos dr Council Bl— Washington Co Ry 1st g guSs Jan 1 1922 J&J 102 Nodaway Val 1st 7s 1920 J&D , 331s Jan 1954 op 1924_J&J 77 804s Jan 1 1947 J&J 85 Tarkio Val 1st 7s 1920__J&D 'Manila RR—See Foreign Gov't p. 80

Ga Sou dr Fla 1st g 5s 1945 J&J 102% 103 Kan City Southern-.

Manitoba & S E—See Canadian blorthe rnGettysburg & liar 5s gu '26/1& 0 101 103 1st gold 38 1950 A&O 69% 70% Marquette Houghton & Ont-

Gila Val Globe & Nor—See Sou Pacific Ref dc imp't 5s Apr 1 '50_J&J 92 9231 Mortgage Os 1925 A&O 100Or Rap Bel & Sag—SeePereMar Kansas City Terminal Ry- Md Del Va bs 1955 gu F&A 85

Or Rap & Ind Ext 4%s '41_J&J 99% 1st g 45 1060 op 1930____J&J 88 8831 Maryl & Pa 1st g 4s 1951.._ M&S 77 81Muskegon Div g 5s 1926_J&J 50 K C Viaduct & Term Ry 1st s f Income 4s 1951 A&O 1 40

Grand Trunk West 4s £ '50_J&J lf 81 69 431s Sept '34 on '30 rcts_J&J/ 21 30 Mason City & Ft Dodge-1st g gu 4s $ July 1 1950_J&J 31 72% Kan City \Vat & Gulf—See St L outs W at & G M gold 48 1955 1st

McK'sp't 5861

Great Northern— Kentucky Central—See L & N & B V—SeePMcI DYC B & Q coil tr g 4s 1921_J&J 98% 98% Keokuk dc Des M—See C It I dc Memphis Union Station Co-1st dr ref g 4315 1961 op'41J&J

Great Northern Ry of Canada—99% 99% Knoxv & Ohl—See South'n Ry

Lake Erie & Western-1st g gu bs Nov 1 '59M&N

Merchants' Br—See Term RR103 10431

Con 4s 1934 opt to 1914_A&O 65 1st gold 55 Jan 1 1937___J&J 92 09 Meridian Term 4s '55 guar M&N 70 78Green Bay 4c West deb ctfs A 80 2d g 5s July 1 1941 J&J 80 85 Mexican International-Deb ctfs B 11 12 No Ohio 1st gu be g '45_A&O 10031 Prior lien g 431s 1947_

Greenbrier Ry—See Chesapeake & Ohio Lake Sh & Mich So—See N Y C & H It__M&S

1st con gold 4s 1977____M&S Gulf & Ship Island RR- Leavenw'th Term Ry dr Bridge Stamped guar op to Mar '07

1st ref dr term g 5sFeb'52.J,IcJ 84 88% 1st M gold bs 1923 J&J 65 Mexican North 1st 68 1030_J&D Gulf Terminal of Mobile- Lehigh & Hudson River RR- Mich Cent—See N Y C.& H R

1st mtge g 4s 1957 gu _J&J 80 2d M 55 July 1 1917__J&J 107 Middlesex Valley—See Leh ValHartford & Conn Western- Gen g bs July 1 1920 guar J&J 102 Midland of N J—See Erie

1st ext g 43s July 1 1923.J&J 98 Unguaranteed 101% 10231 Midland Term bs 1925_ J&D 90Henderson Br—See Lou & Nash Lehigh & Lake Erie—See Lehigh Valley 'Midland Valley—Os 1043_ _ A&O 88 90Hocking Valley Ry- Lehigh & New England- 'Millen& Southw-5s 1955_ A&O

1st cons gold 434s1999__J&J 95 95% 1st M g 55 1945 J&J 106 108 iMilSh&West—See Chic & N W5% notes Nov 1917_M&N 101 M 101% Lehigh Valley- Milw & No—See Chic Mil &StPEq 5s 1916-1023 F&A 64.45 4.20% 1st Os ext g 4s 1948 J&D 99 101 Milw & Sparta &N W—See Chic & N W

Eq 4s Aug 15 '16-'18 P&A1564.45 0 4.20% Con M Os ann reg Irred_JdcD 134 136 Min&Pac—See M St P&SSMCol & H V Ext 4s 1948_A&0 88 Con M Os It gold 1923__J&D 110% 11131 Minn & St L—lst 70 1927 J&D 112

Col & Tol 1st g 48 1955_F&A 85 Con M 431s C 1923 J&D 101 102 Pacific Ext 1st Os 1921_ A&O 100

Holidaysb Bed & Cumb—See P a RR Con M 4315 ann irred_J&D 106 108 1st consol gold bs 1034__M&N 8931 Hoosac Tunnel & Wilmington- Gen cons gold 4s 2003__M&N 02% 93 1st ref'g gold 45 1949___M&S 013s 62

1st sk fd g bs Sept 1922_ M&S 95 Gen con g 430 2003__M&N 103 10331 Ref&ext 5sFeb'62 Ser A_Q-F 50 55Housatonic—See NYNH&H Col tr g 48 Aug'16-Feb'26F&A 64.50% 4.20% Col notes g Os 1916 F&A 03 95Houston Belt & Term 5s '37 J&J 92 94 Easton & Amb 58 1920__M&N 102 103 Des Mol&FtD 1st 4s, '35_J&J 60

Houston E & W Tex—See Sou P acifIc Lehigh (lc Lake Erie- Iowa Cent 1st g 58 1938_J&D 84 90Houston & Tex Cen—See Sou P acific 1st 431s 1957 gu M&S 95 1st &lc ref g 4s 1951_M&S 5731 5731Hudson & Manhattan- Lehigh dc N Y 1st 48 '45_1\l&S 0031 Minn St P & Sault Ste Marie-

1st g be 1957 opt F&A 7331 73% Lehigh Valley Coal- 1st cons gold 4s 1938____J&JAdj in cup to 5%Feb 87 A&Of 30 30% 1st 55 gold guar 1933 .J&J 10531 106 2d M gold 4s guar 1949_ _J&J 1st M 4%s 1957 conv___F&A 75 80 1st 40-year gu int red to Eqg notes 4 %arne'16-'22J&D

39s2%b4.% 4:0i(52:

N Y & Jer 1st g 58 '32optF&AHuntingdon & Broad Top-

101 4% 1933 J&JLehigh Valley Ry of N Y-

94 96 M S Ste M & Ati lst 48'26 J&JMinn &lc Pac 1st 4s 1936_ _J&J

9731 9731

1st g 4s Sept 30 1920____A&O n80 1st 4318 gold 1940J&J 10131 MStP&SSM&CentTermRy—2d mtge 48 gold 1925_ ___ F&A n50 60 Leh Val Term 55 1941A&0 11131 letChiTersf4s'41op'16M4c N 9231 Cons 58 g Mar 31 1025A&O n55 00 Middlesex Val 1st bs '42 M&N 100 Minneapolis Term—See Wis Co nt

Huntington & Big Sandy—See Bait dr Ohio Pa&NYCanal con 6s '39 A&O 109 111 Minneapolis Union—See St P M & MHutchinson & S—See AT&SFIdaho & W Nor-5s1932__M&N

Con M 431s 1939A&0Cons M 4s 1930 A&O

10031 96

Mississippi Cent g bs 1949..J&J Miss River & Bonne Terre-

91 9331

Illinois Central—lst g 4s'51.J&J 963 Lehigh & Wilkes—See Cent N J 1st s f g bs 1931 op A&O 08 1001st gold 33s 1951 J&J 85 85% Leroy & Caney Val—See 1\lo Pa C Missouri Kansas & Texas-Main L ext 1st g 33-5'51_ Adc0let mtge g 35 1951_ ___ M&SColl trust gold 4s 1952__A&O

84380893

00

90

Lex & East—See Louisv & Nas Litchfield & Mad 1st 55 '34MdcN

Little Miami—

h90

1st gold 45 1090 J&D2d gold 4s June 1 1090_ _F&Alet Extension bs 1944M&N

72314131

f 50

7231413/a50%

Col Tr L NO & T g 48'53M&NPur lines 1st g 33-is 1952_JdcJ

85% 85%82%

Gen g guar 4s 1962_M&NLittle Rk & Hot Sp West Ry-

92 1st & ref 45 gold 2004_ _M&SGen Msfg 431s 1936___J&J

5131383-1

533439

Ref g 45 1955 opt 1918_M&N 89% 90% 1st g 45 1939 guar J&J 60 65 Consol M g bs 1940____A&O AlstrefM(IC&CSL&NO Little Rock Junct—See St L I Mt & South 6% notes 1916 M&N 7058 1963 Ser A J&D 107% Long Island— Eq g 5s June 1916-1923 _J&D 65.55% 5%

Equip tr 4%s Aug '16-'23 F&A b4.25% 4.10% Unified gold 4s 1949M&S 8531 89 St Louis div g 48 2001A&0 40 51Equip 5s Aug '16-'23 F&A b4.25% 4.10% Refund g gu 4s 1949M&S 8931 9031 Boonville RR Bridge-Cairo Bridge 4s g 1950 ..J&D 92 2d mort 7s 1918 F&A 101 1st g gu s f 45 1951_ __M& N 60 75Litch Div 1st g 38 1951__J&J 71 74 1st cons g 58 July 1 1931_Q-J 10531 Dal&Waco 1st gu 69'40_ M&N f75Louisv Div 350 g 1953__J&J 803% 81% 1st cons g 4s July 1 1931_Q-J 9431 Kan C & Pac 1st 45 g1090F&A 66Middle Div reg bs 1921__F&A 100 Gen mort g 4s 1938 J&D 89 Mo Kan & E bs 1942 gu_A&O 80 82Omaha Div 1st 3s g 1951 F&A 6931 Ferry 1st 431s con g 1922M&S 9531 0931 Missouri Kansas & Okla-St Louis Div nis g 1951_J&J 81% 4s gold 1032 J&D 82 1st g gu 55 May 1 '42_M&N f 55 57St Louis Div 38 g 1051J&J 683 75 Debenture gold 65 1934_J&D

9 MK&IrofT 1st 5s gu '42 M&S 48 50

Sp'gfield Div Ext 335'51 J&JWestern lines g 4s 1.951__F&A

783883' 91 Montauk Ext be 1945___J&J

Brook & Mon 2d 55 1938 J&D100100

1100903 x Sherman Shreveport dr S—1st M gu gold 5s 1943_J&D 74

Chicago St Louis & N 0— L I C'y & I,' con bs 1937 M&N 97 W Coal & Imp 1st 68'29 J&J ' 60Con g 5s June 15 '51.J&D15 108% 108% N Y Bay, Ex It 1st bs g'43J&J 95 Texas dc Okla-5s 1943_M&S BO%Con g 33sJ'ne15'51.J&D15 8131 N Y I3'klyn & Man Beach 1st Mo Okla & Gulf RR bs '61 M&N Eq 5sJn 1920-Dec 1924 J&D 64.40% 4.15% gold 5s 1935 A&O 10131 103 Mo Pac —Cons 6s 1920_M&N 10031 101Mem Div 1st 45g 1951 J&D 883 NY&RBIstg551927M&S 103 10331 3d 7s ext toJly'38 at 4% M&N 8131

Kankakee & S W bs '21_F&A 90 North Shore Branch- Tr g bs stpd San 1 1917__M&S/ 0131 9331St Louis Alton & Ter Haute— 1st con bs g Oct 1 1932 Q-J 10131 Columb Tr ctfs dep 89

Ballev&Car 1st Os '23_J&D 104% Louisiana & Arkansas Ry- Columb Tr ctf dop stpd_ 86St L South 1st g 45 '31M&S 90 05% 1st s f g 5s 1927 M&S 88 95 Guar Tr ctf (lop plain 8731 Carb&Shaw 1st g 4s'32M&8 86 Louisiana Western—See South ern Pac Guar Tr ctfs dep stpd 86

Ind B1 & Wn—See C CC & St L Louisv Cin & Lox—See Loulsv& Nash,/

to Basis. This price Includes accrued interest. k Last sale. !In London. a Nominal. a Sale price.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

APR.. 1916.] RAILROAD BONDS.NOTICE.—All bond prices are now "and Interest" except where marked 'f" and Income and defaulted bonds.

37

Bonds. Bid. Ask. Bonds. Bid. • Ask. Bonds. Bid. Ask.

Missouri PacIfic—(Concluded) N Y Cent & Hud Riv—(Conel) Old Colony-4s gold 1924.. F&A 96% 97%Col trust 5s 1920 F&A 88% N J June 1st 45 gu '86_ F&A 90 • 4s Dec 1925 J&D 9634 Columb Tr ctfs dep 87 90 NY&Har 1st g 334s2000M&N 84 86 4s Jan 1938 J&J 9334 94%Stpd Feb 1916 int 8534 N Y & Nor lot g 5s '27.. ..A&0 105% 334s July 1 1932 J&J 8834 89%

Guar Tr ctf dep stamped__ 86 N Y & Put lot 4s g 1993..A&0 90% 9134 Omaha & St L—See WabashEq 55 May '16-Nov '21.M&N b 6% 5% Nor & Mon lot 5s g 1916 A&O 99 Oregon & California—See SoPacGold 40 Mar 1 1945 opt _M&S 40 43 Pine Creek gu 6s 1932__J&D 115% Oregon-Washington RR & Nay

Bankers Tr ctf dep plain__ 40 Pitts & L Erie 6s 1928_ _J&J 110 1st & ref g gu 45 '61 opt _ _JJtj 8634 8634Bankers Tr ctfs dep stpd_

lst&ref 59'59 conySerA_M&S1 41 39%

425s Jan 1 1928 A&O

Pitts McK & Y lot Os '32 J&J10211534 Ore RR & Nay cons 49'46J&D

Oregon Short Line—See Un Pac92 92%

Guar Tr ctfs dep plain_ __ _ 40 41 2d 6s guar 1934 J&J 113% Oswego&Syracuse—See D L & WGuar Tr ctfs dep stamped_ 39% McK&BV lot Os g '18_J&J 101 Ozark & Cherokee Central—

6% notes 1916 J&D 89% 90% RW&O con 5s July 22.. ..A&O 104% ist g gu 5s 1913 opt _A&O 70Boonv StLdcSou 58'51 op F&A 50 RW&O cons g 334s '22_A&O Pacific Coast Co—See Misc BdsCent Br Ry 4s g 1919_ __ F&A 50 58 RW&O Ter R lot 58 '18_M&N 101 Paducah & Illinois-Cent Br UnPaclst g48'48J&D 1 50 Utica & B Riv 45 g 1922_J&J 99% 1st s f g 434s 1955 gu J&J 9934 99%Kansas & Colorado Pacific- West Trans Co 334s '23_ F&A 80 Pan American 1st 5s '34 op J&J 65

1st & ref gu g 68 '38_ _ F&A 50 60 West Shore lot 4s 2361___J&J 91% 9234 Pennsylvania RR-Franklin Trust Co rcts__ 50 60 N Y C & StL 1st g 48'37A&0 944 9434 Con M 58 g 1919 M&S 10334

Ler&Can V A L 1st 5s'26 J&J 30 Deb 48 May 11931.. M&N 83% 8434 do 40 gold 1943_ M&N 9834 Lexington Div 5s 1020.. F&A N Y Connecting RR- do 40 gold 1948_ __ _M&N 993% 99%Pac of Mo 1st ex g 48 '38_F&A 90 92 1st M 434s 1953 F&A 99% 100 do 434s g 1960 ' F&A 10534 105%

2d ext. 5s gold 1938_ ___J&J 100% N Y & Gr'wood Lake—See Erie Gen g 434s 1965 J&D 102 102%St L RE 1st 5s 1938_ _M&N 108 N Y & Harlem—See N Y C Jr Hud R Con M 3%s g E 1945_ _ __J&J 80 81%Car'deletBrlst4 38'38 A&O 95 N Y & Jersey—See Hud & Man Col tr 4s Ph W & B 1921_J&J 99 99%

St Louis Iron Mtn & Sou— N Y Lack & West—See Del Lac K & W est RE pur mon 1st g 48 '23 MAN 9834 Unify & Ref'g g 48 '29_J&J 79 80 NYLE&WC RR—See Erie. Gen ft eq 4s Jne'16to '20 Q-F 14.20 4Gen con ry & 1 g 5s '31 A&O 101% 102 N Y Jr L Br—See Cent of N J. Gen ft eq 4s Jne'16-'22_Q-M b4.20Gen Con std gu g5s'31A&O 10134 N Y New Haven & Hartford— Gen ft eq 434s Apr '16 -'23_Q-J b4.20% 44%90Eq 5s May'16-Nov'21M&N b5.25% 5 0 Deb 6s Jan 15 '48 cony J&J 15 115 11534 Aleg Val gen 4s 1942_ __M&S 9634 97%Riv & Gulf Div 48 '33 M&N 72 72 Deb 4s July1'55 non-cony J&J 80341 Balt Ches & At 1st g 58'34 M &S 80 90Lit RkJn 1st 68 gu '16A&O 100 Deb 4s 1956 non-cony_M&N 80 80341 Belvidere Delr u 4s 1927.F&A 99 100Pine Bluff & W 5s '23_A&O 90 95 Deb 45 1947 non-conv_M&S 80% lot g gu 3 s 1943___ J&J 87 89Verd Val I&W lst5s'26M&S 83 Deb 334s Mch 1947_ M&S 73% 75 Cin Lob & or 4e 1942_M&N 9034

Mobile & Birm—See Southerin B.Mobile & 0-1st g 68 1927_J&D

Y 114%

Deb 334s 1954 non-cony A&O Deb 334s 1956 cony____J&J 70%

71472

Clev&Marietta-430'35M&NCleveland & Pittsburgh-

99 99%

1st exten 6s July 1927.. _Q-'J 108 109% 5% notes May 1916___M&N 100 10034 SerA434s gen gtd 1942_ _J&J 104% Gen g 4 1938 M&S 7534 Bos&NYAL 1st 45 g'55_F&A 90 95 SerB4 %s gen gtd 1942_ A& 0 104% Eq 5s 1919 VarEq 5s May '16-Nov '23_M&N

b4.62714.62

4.384.38

Cent New Eng 4s 1961 _J&JDutchess Co 434s '40_ J&D

818734

8134 Int red to 3%% Ser C 334s gen gtd '48M&N

85% 85%

Eq 4345 Sept '16-Sep '22M&S 14.62% 4.38 0 Danb & Norwalk 45 '55 _J&D 84 86 Ser D 334s gen gtd 'SOFA A 85% Montgom Div g 58 1947_ P&A 98 102 Con 5s July 1 1920_ _J&J 101 D Riv RR&B gu g 4s30 F&A 95% St Louis Div 58 1927 __-J&D 9034 92% Gen 5s Apr 1 1925____A&0 101 Erie & Pittsburgh—St L & C 4s guar 1931_ __J&J 8834 Harl Riv & Portch 4s'54 MAN 88 Gen gu g 334s SerB '40_J&J 8734 90

Mobile Ter & Ry 58 '35 op M&S Housatonic con 5s 1937_M&N 106% Series C 1940 J&J 8734 90Moh'k&Malone—See N Y C&H Naugatuck 1st 43 '54_ MAN 91% Holidaysb Bedford & CumbMonong River—See Bait & Ohio N E Nay 6% notes '17_M&N 100 10034 1st M g 45 1951 guar_J&J 9334 94%Mont Cent—See St P M & M New Eng cons 4s '45 gu _J&J 91 Pennsylvania Company-Morgan's La & Tex—See So Pac Consol g 5s July 1 '45_ 106 1st M g 434s 1921...... _J&J 101% 102Morris & Essex—See D L & W

_J&JNY&NEBosTer4s '39 A&O 98% 100 Coltr434srne15'21J&D15 101% 101%

Mutual Term of But 4s 1924j& 9234 NH&Derby—Cons5s'18 M&N 10034 Gu g 40 1931 op 1921_A&O 954 Nashville Chattanooga & S L- N Hay & North 48 '56 guJ&D 90 Gu tr ctfs g 48 1052_ MAN 933%

1st consol gold 5s 1928_ _ A&O 107 108 N Y Prov & Bos 4s '42....A&0 89% Gu tr ctfs g 3348 1937_M&S 8534 Centreville Br g 6s 1923.. ..J&J 106 N Y Westchester & I3os Ry- Gu tr ctfs g 3340 1941_ F&A 8534 88%Jasper Br 1st 6s 1923____J&J 11034 113 1st M g 434s 1946 gu_ _J&J 78% 80 Gu tr ctfs g 334s '42__J&D 84Lebanon Br 6s Jan 1 '17 _J&J 101 Prov Ter lot g 4s gu '56_ M&S 86 90 Gu tr ctfs g 3348 '44_ _J&D 8534 McM M W & Al 1st 6s'17 J&J 1013% N Y & Nor—See N Y Central & Hud River Guar trust gold 334s callTracy City Br 6s 1917_ _ _J&J 101 New York Ontario & Western— 1-15 yearly to 1916_MAcN 9934

Nash Flor & Sheff—See L & N Ref 1st g 40 June 1902.... M&S 83% 83 Pitts C C & St L-National Itys of Mexico— Gen M g 48 1955 red_ _ _ _J& D 79 Con g gu 434sSerA '40A&O 101% 102%Pr lien g 434s s 1957___J&J 30 50 Ea 434s Sept '16-Mch'28 M&S 14.45% 4.25g do Ser B 1942 _A&O 102 102%Gen M 4s 1977 A&O NYPhila&Nor—lst g 4s'39 J&J 93 95 do Ser C 1942 M&N 10134

April 1914 coupon on 70 Income 4s Jan 11939.. M&N 91 93 do Ser I 1963 F&A 1026% g notes June 1915_ J&D N Y Prov & Bost—See N Y N & H art do 434s Ser J '64 M&N 1013%

Nat RR of Mex p 1 g 434s'26J&J N Y & Putnam—See N Y Cent & Hud River do 4s Ser D '45 MAN 9534 1st cons g 48 1951 A&O 79 N YJt Rockaway Beach-See Lo ng Isla nd do 4s Ser F 1953_J&D 94

April 1914 coupon off 75 N Y Susq & W—See Erie do 4s Ser G 1957_M&N 94Nebraska—See C B & Q N Y Westc & Bos—See N Y N H & H do 4s Ser H 1960 _F&A 94Nev-Cal-Ore Ry-5s 1919 M&N Nodaway Val—See KCStJ&CB do 334s Ser E '49_F&A 93 Newcas & Shen Val (is '17_ _J&J Norf & Caro—See Atl Coast L CStL&Pitts lst 5s g '32 A&O 10634 New Eng RR—See NYNH&H Norfolk Southern— Pitts Va & Char gu 48'43M&N 9434 N H & Derby—See NYNH&N lot & ref g 5s'61 op '15_ P&A 83 Sodus Bay & Sou g 5s '24_J&J 85 95New Hay & No—See NYNII&H Norf & Sou lot 5s 1941__M&N 96% 101 Sun & Lew 1st g 4s 1936_J&J 9234 N .1 Junction—See N Y Central 1st gen g 5s 1954 opt_ _J&J 90 Penn & N Y Canal—See Leh VNew Jer & New York—See Erie Rat & Cape F 1st 5s '43 M&S 100 Pennsylvania & Northwestern-New Lon Nor 1st 45 '40_ _ _ _J&JNew Mex Ity&CI—See El PasoNew On Gt Nor 1st 5s 1955 F&A

8934 & Soul57

hwest58%

Hal & Southp con 5s '65_J&D Suffolk & Car con 5s '52.. J&J

Norfolk Ter lot gu 4s '61_ _M& N

10095

Gen 58 Jan 1 1930 J&JClearfield&Jeff lot 6s '27 _J&J

Pensacola & Atl—See Lou & N

10534113

107115

N 0 Mob & Chic 5s 1960_ _J&J 51% 53 Norfolk & Western— Peoria & Eastern—See Cloy Cln Chic & St LNew Orleans & North E Gs 1915Extended at 5% 1040_ M&N_

NewOrleans Term 1st 4s'53_J&JNewport & Cin Bdge—See Louis

10370

vine &

10172

Nashv

General 6s 1931_ _ ______ MANImp & exten 6s 1934.._.. FAANew River 1st Os 1932_ A&ON&WRy 1st cons 4s '96_A&O

119%121% 119%93%

120

120349334

Peoria & N W—See Chic & N WPeoria Ry Term—See Ch R I &Peo & Pekin Un lot 6s '21_Q-F

2d mort g 434s Feb 1 '21 M&N

Pac10186

Newp & Rich—See Conn & Pass Div lot lien & gen g 4s July 1 Pere Marquette RR-NYB&M Bch—See Long Isl 1944 opt Jan 1 1929_ __J&J 9034 9034 Cons g 4s Jan 1 1951____J&J 1 41 45N Y Bay Ext RR—See Long Isl Cony g 4s1932 op 1917_J&D 119 122 Ref g 48 1955 J&Jj 14 15New York Central R. R.— Cony deb 434s 1938 _ _ _ _ M&S 118 121 Guaranteed 1 14 15Cony. deb. 6s 193.5 _ _ _M&NCon M 4s 1998, Ser A__ F&A

113%85%

113%86

N&W Pocahontas 4s '41_J&DEq tr 434s 1916-1924 ___F&A

90%64.25%

90%4%

Deb 6s July 1 1912 J&JEq 5s A & B 1916-1919_A&O

fn 1 3

New York Cent & Hud River—Rerg g 330July 1 1997_ _J&JDeb g 48 1934 M&N

82%92%

823492%

Eq tr 4s 1916-1917 VarColCon&Ter lot 5s g '22_J&JSclotoVal&NE lst4s'89 MAN

b 334% 10392% 9334

Chic & W Mich 50 1921_J&DCh & N Mich 5s gu '31M&N

Detroit Grand Rapids & West

8360

Deb 40 1942 tax-exempt_J&J Ref & imp 434s 2013 op A&O 94% 94

North & South Caro—See CaroNortheast Penn 5s 1920 __A&O

All &100

West 1st g 4s April 1 1946_ _A&O101 Flint & Pere M g 6s '20_A&0

70f 101

80105

NYC Lines eq 5s '16-'22 M&N 64.35 4.20 N'east of SC—SeeAtle L of S C Gold 4s 1920___ _____ A&Of 87 NYC Lines eq 434s '17-125J&J 64.35 4.20 Northern Cal Ry—See So Pac lot con gold 5s 1939_ _M&N 76 NYC Lines eq 44s '17-'27J&J 64.35 4.20 Northern Central— PtHuronDly g 5s 1939 A&O 68N YC Lineseq 4%8'17-'28_ J&J b4.35 4.20 Con gen M 434s E 1925_A&O 102 Toledo Div 5s 1937.. J&J Boa & Alb eq 4346'16-'27 A&O 64.55 0 4.30 Mort bds 5s 1926 Ser A __J&J 105 GrRapBeld&Sag 50'24_ M&S LB Col tr g 334s 1998_ __ F&A 7634 76 Mort bonds 5s 1926 Ser B J&J 105 Lake Erie & Detroit Riv Div-J.P.Morgan&Co.ctfs.of dep 86 88 Northern N J—lst Os 1917_J&J 1st g 434s Aug 1 1932_F&A 75 M C col tr g 334s 1998_ _ P&A 78% Northern Ohio—See L E & West Pere Mare of Ind 4s '43M&N 63Beech Cr—lot 48 g gu '36 J&J 96 965 Northern Pacific— Sag Tusc & Hur 45 1931_F&A 2d guar g 5s 1936 J&J 100 10434 Prior lien g 48 Jan 1997___Q-J 93% 9334 Perklomen—lst ser 5s '18..Q-J 10134 101%Clf Bit C Co let g 4s '40J&J 65 Gen lien g 3s Jan 2047.__Q-F 66% 663% 2d series 58 Jan 1 1918__Q-J 10134 101%

Beech Creek Ext 3340'51_ A&O 90 Ref & imp 434s 2047SerA.J&J 96% 9734 Petersburg—See Atl Coast LineCart & Adir 1st 4s g '81_ _J&D 8914 91 St P & D Div g 48 1996_ _J&D 90% Phi's& Bait Cent 40 1951 _M&N 94 Gouv & Osw 1st 5s g '42J&D 104% Wash Cent 45 Mch 1948_Q-M 90 91 Phila Ball & Wash 4s '43_M&N 9834 100Lake Shore & Mich South—Con g ref 334s 1997___J&D 84 85

C B & Q Coll 43—See Gt NorSt Paul & Dul lot 5s '31_F&A 107%

Philadelphia & Erie—Gen (now 1st) gu as g '20_J&J 10634 10.1

Deb g 48 1928 M&S 9534 953 2d mortgage 5s 1917__A&O 101 102 Gen g 5s July 1 1920____A&O 10234 103Gold 48 1931 M&N 9434 945 1st consol g 4s 1968...._J&D 90 Gen g 4s July 1 1920......_A&O 99 99CleveShortLine430'61A&O 10034 101 Dul Sh L gtd 5s '16_ _ M&S 100% Phila Harrisburg & Pittsburgh-K A & Gr R lat 5s '38__J&J 10234 Dul Union Dep 55 '30_A&0 100 1st mort gold 5s 1925..__A&O 104 106Kal&W Pig'n g 5s '40J&J 111 St Paul & N Pac Os g '23 F&A 110% 113 Phila Newt & NY 3s '42_A&0 72 76

Mahon C RR 1st 55'34.._J&J 10634 Reg certs 6s 1923 Q- F 109 Phila & Read—See Reading CoMichigan Central-5s cou '31 D&BC dly_M&S 105%

No Pac Ter Co—lot Os '33_J&JNorth Ry of Cal—See Sou Pac

111 11134 PhilaWil &Balt—Deb4s'17 A&ODebenture 4s 1922 MAN

99349834

100100

Deb g 4s 1929_ A&O 87% 89% North Pac Coast—See No Shore Debenture g 48 1926...... ..J&J 97 991st 5s Kal & SR 1939_M&N 100 North Pennsylvania- Debenture g 4s 1932_ __A&O 96 981st mtge M Air L 4s '40 J&J 90 1st M 4s extended 1936_M&N 100 101 Col tr ctfs 1921—See Penna RR1st g 4sJol&NInd'57 J&J10 88 Gen g 3 3-10s 1953 J&J 81 83 Philippine Ry—See Foreign Gov Sec., p age 501st g 33.s JL&Sag '51 M&S 80 Northw Term g 5s 1926 gu_J&J 74 80 Pine BI Jr W—See St L ,M&So1st g 33.4s 1952 M&N 8234 Norwich & Wor-4s 1027.... M&S 9234 Pine Creek—See N Y Cent & H ud RivBaye&BC1stM g38'89J&D 90 Norw'd & Montreal—See N Y C Pitts Bessemer & Lake Erie—Bat C&S 1st g3s'89 J& D 60 Ogd'bu & L Cham-See Rutland PS&LE 1st g 5s 1940_A&O 10734 Det R Tun 4348'61gu M&N 93% Ohio Connect'g 1st g 4s'43 M&S 92% Cons lot g 5s July 1 '43J&J 10734 108%Prand Riv Vat 4s '59.11,1&S 85 Ohio I & W—See CCCiir St L PB&LE con g 5s 1947_J&J 10734 108Tot Can Sou & D 4s '56.. J&J 00 Ohio River—See Ball & Ohio Deb g 58 1919 J&D 95 100

Moh dr Mal 4s 1991_ ___M&S 9334 Pitts Char & Youghiogheny—Consol g 334s 2002_M&S Gen mort gtd 48 1932_ _A&O

I Basis. I This price includes accrued interest. k Last sale. fin London. n Nominal. a Sale price. e 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. Ask. Bonds. Bid. Ask. Bonds

Pitts Cin Chic & St L—See Penn RR St Paul East Or Trunk—See Chic de N W Southern Railway—(Con.)—Pitts Cleve & Tot—See B & 0 it Paul & K C Short L—See Ch R I & Pac Aug South g 58 1924____J&DPittsburg Junction—See B & 0 It Paul Minn dr Manitoba— ETVadrGa—Div g 5s130_J&JPitts dr Lake Erie—See N Y Cent dr Hud River let cons g 45 1933 J&J 983 Consol let g 5s 1956.. _M&Nems McK & Yough—See N Y C 1st consol g 6s 1933 J&J 1213 122 Ga Mid let g 38 l946_ A&OPitts Shaw&N—lst g 56'49 FAAf 15 30 1st con red to 4s g '33_J&J 1035i 1033( Oa Pac let g Os 1922. ....J&JGold 4s Feb 1 1952 F&A/ 10 20 Montana ext 1st 4s '37__J&D 963 97 Knox,/ dr 0 1st g 68 1925_J&J5 receivers' ctfs '15 op_F&A Pacific Ext 1st 4s £ 1940J&J d 89 91A L & N So joint g 48—See LAN5% receivers' ctfs '16 op.M&S Eastern Ry of Minnesota— Mob & Birm pr lien 5s '45 J&J

Pittsburgh dr Shawmut- Nor div let g 4s 1948_ A&O 923 Gen M g 48 1945 J&J1st s f gold 58 1959 opt__J&Dn 85 Minn Union let Os 1922_ J&J 1093 Mobile & 0 coll tr 4s '38..M&Slet 1 col tr 6%notes'17opM&N 97 99 1st 5s July 1922 J&J Rich&DanDeb5sstpd27_A&O

Pitts Shen&LE—SeePBess&L E Mont Cen let gd 6s '37_J&J 12434 12534 Richmond dr Mecklenburg-Pittsb Term RR & Coal— let guar gold 56 1937_ _J&J 1105% Ill 1st g 48 Nov 1 1948_ _MIENistggusf 5s 1942 J&J 85 Wil & S F let 5s g 1938_J&D 1105% 111 So Car & Ga lat g 5s '19 M&NWestSideBeit let g 5s'37M&S 75 St P & N Pac—See No Pac SumterdzWatR5s g' 19A&0

Pitts Va & Chas—See Penn RR St P &SC—SeeCSt P M & 0 Va Mid Series D 4-5s '21_M&SPitts & Western—See B & 0 Salt Lake City Un Dep & RR— Series E 5s 1926 M&SPittsb Youngst dr Ashtabula— let M 5s 1938 MAN

San Ant dr Aran Pass--SeeSoPac87 95 Series F 5s 1931 M&S

Consol 5s 1927 .M&N 104% Gen'l 5s 1936 M&NSan Francisco & Nor Pacific—1st gen 4s Ser A 1948_ _ _J&D 96 98 do guar stamped_M&N

Pontiac Ox dr N let g 6s '16_J&J 97 100 let g 5s sink fund 1919_ _J&J 1015% Wash O&W 1st gu 48'24 FAAPortland & Ogdensburg- San Fr & S Jo Val—See AT&SF S & N Ala—See Louis & Nashv

1st M 4 As 1928 guar___M&N 100 San Fran Term—See Sou Pacific South Pac Coast—See SouthernPort dr R Falls—lst g4s'26 MAN 93 Santa Fe Pres dr Ph—See Atch Top dr S Fe SpartanU&Col—See Ashy&SparDebenture 40 Aug 1927.... FAA 93 Sault Ste Marie Bridge- Spokane Falls dr Northern-

Portl (Me) Term gu 4s '61_J&J 90 92 1st Msfg 5s July 1 1937_J&J 96 let 6s g 1939 J&JPort Reading-1st gu 5s'41.J&J Say FladzW—See Atl Coast Line Spokane International-Ports Gt F & Con--SeeBos& Me Say&States—lst g gu 58 '53 J&J 90 1st g 55 1955 J&JPotomac Val—lst gu 5s g'41J&J 103 Schenectady & Duanesburg- State L & Sulliv 435 '29__ _J&JPrinceton dr Northw—See Chic & N W 1st guar 65 1924 HAS 113 115 Staten Isid Ry—See Balt dr OhioProvidence Term—SeeNYNfl&H Schuylkill River E S—See B & 0 Stephenv N & S Tex—See St LProv & Worc-1st 4s 1947_A&O 94 Scioto Val dr N E—See Nor & W Surf A Carolina—See Norf & SoQuanah Acme dr Pac 6s '39_ A&O Seab Air L—lst g 45 1950A &O 833i Sumter dr Water R-:-SeeSC&GaRaleigh A Augusta—See Seaboard Air Line Stamped 813 823 Sunbury Hazleton & W B—Ral&CapeFear—See Nor South. Adjust M 5s, Oct 1 '49_ _F&A I 66 66%, 1st 55 May 1 1928 MANRaleigh & Gas—See Seab Air L Ref g 4s 1959 opt A&O 70 703 2d mort Inc 68 '38 coup MANRat & Southp—See Nor South'n 1st & con 6s 1945 Ser A_M&S 993 100 Sunbury dr Lew—See Penn RRRaleigh & S W—See Chesapeake dr Ohio Eq 43sJuly '16-July'22J&J15 b4.55% 4.35 Superior Short Line—See Ch StRaritan River—lat g 58'39_J&J Eqg 5s Jne'16-Dec'19J&D15 b4.55% 4.35 Tampa dr Jacksonville-Ravensw Spenc & Glen—See BaitReading Company—

& Ohio Egg bs Aug'16-Aug'23 F&A15Atlanta-Birmingham Divis-

54.55% 4.35% 1st M 5s 1949 A&OTampa North 1st 5s 1936 opJ&J

Gen 48 Jan 1 1997 J&J 941% 95 1st g 4s May 1 1933.. HAS 86 Tarkio Valley—See K C St J &_gJer Cen g 4s '51 op '06._ A&O 963/i Car Cent 1st g gu 48 '49_ _J&J

87Y11000

Term RR Assn (St Louis)Atlantic City 50 1919 _ _ _ M&N

let cons g gu 4s 195L _J&J10294

102 Florida Cent dr Peninsula-1st gold 5s 1918 J&J 101%

1st gold 4As 1939 A&O1st consol gold 58 1944F &A

Pir&N s tr ctfs 4s red 105.Q-M 90 1st I g ext 5s gold '30 _J&J1 Gen ref s f g 45 '53 op '10_J&J

Phila & R-2d Sag 1933A &O 109 111 1st con 5s gold 1943.. ..J&J 1033% St L Br 1st g 7s 1929_ _ _ _ A&OImp M ext g 4s 1947_A&O 98A 99 So Bound let g 5s '41_ A&O 103 StL Mer Bdge T-58'30 A&OCons ext gold 4s 1937_ M&S 983 99 Georgia & Ala 5s Oct '45_J&J

103i 105 Mer Bdge 6s '29 op '09 FAA

Terrn 5s g gu May 1 '41 Q-F 111 113 GadrAlaTerrn 1st g 5s'48 TAD 1003 Terre Haute & Ind 5s 1925 _J&JDel R Ter p m g 5s '42M&N 104 Ga Car & N—let 5s g '29_J&J 10234 1038% Terre Haute dr Peoria-Ex p mon g 55 1942_J&J 104 Ral'h&Aug'sta—lst 6s'26 J&J 10734 1st con g 5s Sept 1 '42_ _ M&S

Wilm & No let 5s '27_J&D 100 Ral'h&Gast'n—Ist g53'47J&J 102 Texas Central—let 50 1923A&0Gen g 5s Aug 1 1932_Q-F 103 106 Seab&Roanoke-- let 53'26.flir J 102 Texas & New On—See So Pac

Phila dr Read Coal & frog— Deb 6s after July 1 '16 FAA 100 Texas & Okla—See M. K A TCol a f g 48 ext'32 guPdrA 95 Seacoast RR of N J 58 '48_ A&O 1 0 Texas dr Pac let 5s 2000__. J&D

Rens de Saratoga—See Del Sr H Sebast & Mooseh 1st 59'28_ M&S 2d Inc g 5s Dec 2000___ _MarRichm & Danv—See Southern Ry Shamokin Sunb'y & Lewisb'g- Lou Div let g 5s 1931__ _ _J&JRich Fredericksb & Potomac— 2d Os g July 1 1925 J&J 110 Weatherf'd Min W & NorthCons mtge 43.s 1940_ __A&O 101 Sherman Shrev & Sou—See Mo Kan & Tex 1st gu g 58 1930 FAA

Rich & Mecklenburg—SeeSoRy Shreve Brdg & Ter—See St Lout 5 South western Toledo Can Sou & Det—See MicRich & Peters—See Atl Coast L Sierra Ry of Cal— Tol & 0 Cent let Sag 1935_ _J&JRichmond-Washington Co— lsts f 6s, 4, Apr 12'37 _A&012 85 West Div 1st 5s g 1935_ _A&OCol tr g gu 4s 1943 opt_ _J&D 97 Sit Sp Ocala & G—See Atl C L Gen g 5s 1935

Rio Or Junc—See Deny dr Rio Grande Sioux C & Pac—See Chic & N W Car tr 4s May'16-'17_ NidrjN&1D5Rio Grande So—See Den & Rio Grande Sodus Bay dr Sou—See Penn RR Car tr 48 Ser B 1917-'20_ _J&JRio Grande West—See Deny drROCI1 & Pitts—See Buff

Rio Grande Somerset Ry 1st & ref 4s'55_J&J 80 85 Kana & Mich 1st 4s 1990 Ajdr&O South Bound—See Seaboard AL 5s 1927

J2d

M4sR & P

Rock Isl-Frisco Term-5s'27JSEJ So Car & Ga—See Southern Ry Eq 4 July '16-Jiy'22r

_J&JRock 1st Ark & La—See C R I &Pac South Car West_ _ _ _1See Car Eq 4 s July '16-Jily'24 J&JRockIsi dr Peoria—See C R I &P South Car West Ext_fAtl A West Mary s Div 48 g 1951_ FAARome W dr Og—See N YC&HRutland—Con 43s 1941_ __J&J 81%

Sou Indiana—See Ch Terre HattSouthern Pacific Co—

te & S E Toledo Peoria & Western— jjo1st g 4s July 1 1917

Benn&Rut 4 As g 1927_M&N 87 Coll tr 4s(CP) Aug 1 '49_J&D 86 87 Toledo St L & Western-Ogd&LCh 1st g gu 4s '48_J&J 74 Cony g 4s Jne l'29op'14_M&S 87% 88 Pr lien g 334s July 1 '25_ _J&JRutl Can let g gu 48 '49_J&J 69 Cony g 5s 1934J&D 10434 104 1st g 45 Apr 1 1950 Adr0Car tr g 4111916 to '17_A&O Eq 43s 1916-Sept 1923_M&S b4.25% 4.189' Col tr g 4s Ser A 1917 F&AEquip tr 4 s 1923-27_ _M&N b 63.5% 6% Car tr 4s '16-Mar'23_M&S b4.25% 4.129 Union Tr ctf dep

Sag Tusc & ur—SeePere Marq Aust & Nor 1st 55 g '41_ _J&J 100 Tol Term lst4 As 1957 gu_M&NSt Clair Mad & St Louis Belt— Central Pacific- Tol Walh Val & Ohio-

Alton Bridge 1st g 4s '51_J&J 85 1st refdg 48 g g'd '49F AA 8934 903% let g gu 4345 1931 ser A__J&JSt Clair Term 1st 58 1932_ FAA 100 let g gu 4s Oct 1 1954_A&0 8534 1st g gu 434s 1933 ser B_ _J&JSt Johns dr L Cham-59 '44 M&S M 33s g g'd Aug 1'29_,J&D 8934 let g gu 45 1942 Ser C___MititcuSSt J & Or Isl—lst g 4s '47_ _J&J 61 Galveston Harrisb & SanAn— Tombigbee Val 1st g 50 '56 A&OSt Law dr Adiron let 58'96_J&J

2d gold 68 199610095 Mex&P Div let 5s'31.. MAN

2d M 5s 1931 gu____J&J10210034

103101

Gen mtge 6s 1935 Toronto Ham & Buffalo---

St Louis Al T H—See Ill Cent Gila Val Globe & Northern- let g 45 June 1 1946____J&DSt Louls.Br—SeeTerm RR Assn 1st g 5s Nov 1 1924__M&N 10034 Troy & Boston—See FitchburgSt L & Cairo—See Mobile dr 0 Houston East & West Texas— Troy A W T Bdge 5s 1939_J&DSt L Iron Mt dr Sou—SeeMoPac let 55 g May 1 1933_ _ MAN 10134 Ulster & Del con 58 1928__J&DSt L Mer Br Co—See Term RR 1st guar g 58 Mar '33_ MAN 102 1st ref g 45 1952 A&OSt L Peoria & N W—See Chic &N W Houston & Texas Central- Union Pacific-St L Rocky Alt & P 5s'55—See C & Jr Cos, p.44 1st 1 g 5s 1937 J&J 106 1st Ry& 1 g 485 1947 __illSt L South—See Illinois Central Gen gold 4s 1921____ A&O 96 96% Cony 48 1927 St Louis dr San Francisco—Gen mtge g 6s 1931 J&J 1103.

Waco&NWD1v6s g'30M&NLa West 1st 6.5 1921_ _J&J i6--

110 let & ref 4s June 2008_ _M&SOre RR & Nay—See Ore-Was

Coll tr at gold Os 1920_ __F&AGen mtge gold 5s 1931J&J

1001023% 1023j

Morgan's Louis's dr Texas-1st mort 7s 1918 A&O 10434 1053%

Oreg Sh Line 1st g 68'22_ FAA1st consol 5s g 1946__ _J&J

Gen gold 58 1927 opt_ _ M&NI 513/i 54 let g Os 1920 __ ____J&J 1041/a 10534 Ref g gu 4s '29, op'07_J&DBankers Tr Co cts of dep..f 52 North Cal Ry g 55 1929_J&D 10234 103 Utah & Northern-Stamped f 473. 50 NoRy ofCal Sag gu 1938 A&O 108 1st 78'08 ext at 4 %to'33 J&J

Eq notes 5s Aug '16-'17_ FAA b5.75% 5% Oregon & Cal 1st 5s 1927_J&J 102 10234 Consol gold 5s 1926___J&JColl trust gold 5s 1987__A&0 85 S A & Ar Pass g gu 49'43_J&J 64 65 Union Terminal Co (Dallas)Cons gold 45 1996 J&J 71 75 San Fran Term 1st 48'50 A&O 85A 1st g 55 1942 op 1922__A&O5% notes June 1 '13 opt_J&D 6% notes Sept 1 '14 opt_M&S1

So Pacific Br Os 1937.. A&O Southern Pacific RR Cal—

123 United N J RR & Canal Co—General gold 4s 1023__ _ FAA

Refunding gold 4s 1951.. .J&J 70 let con g 5s gu l937 ....MAN

18057:

General gold 4s 1929_ __M&SCent Tr ctfs unstpd 70 73 1st con ref g 4s'55 op'10 J&J 90 9034 General gold 4s 1944._ M&SStamped July 1914 So Pac Coast let g 48 '37_Jdr.1 92 Gen 1st g 334s Mar 1 '51 M&SStamped J '14 dr J '15_ Texas & N 0— Upper Coos—See Maine CentralStamped J '14 & J & J '15 66 67 Consol gold 5s 1943_ __J&J 98 Utah Central—See Rio Or West

N 0 Tex&Mex div 50'40.M&S•I 12 Dallas Div 1st g 48'30_ FAA 83 Utah & Northern—See Union PAssented ctfs If 15 Southern Railway- Utica & B1 R—See N Y C & H

Birm Belt 1st g gu 48'22_A&0 1st consol gold 5s 1994_ _J&J 102 10234 Utica Clint & Bing—See Del &Col South New Orl dr Pac— Develop & gen M g 48'56 Adr0 70 703.4 Vandalia RR—Eq tr 58 Aug '16-Feb'17F&A 5% g notes Mch 2 '17_ _ M&S2 I0O3-t 101 Con g 4s 1955 Ser A FAA

Sou West Div g 55 1947_A&0 90 Eqtrg43sAug'16-Feb'21F&A b4.459' 4.209' Ser B 1957 MANSt L W& Wg 63 1919M&S 95 Eq tr 43s Ser M 'l6-'19J AD b4.359 4.10% Vera Cruz & Pacific RR-

St Louis Southwestern— Eqtrg43sApr'16-Apr'20A&O 64.45% 4.20% let g 434e 1934 opt J&Jlet g 45 1989 certfs MAN 789's 78% E Tenn reor lien 5s 1938_M&S 10034 Verdig Val Ind dr %V—See Mo Pa2d g Inc 45 Nov '89 cert__J&Jlet consol g 48 1932 J&D

6261

6363

1st Mem div g 55 1996_ __J&JSt Louis Div 1st g 45 1951 J&J -iii..

1028234

Vermont Val let 434s '40_A&OVicksburg & Meridian—See Ala

let term & unit 5s 1952_J&J 64 66A Aiken Br 1st g 45 1998_ _J&J 65 Vicks Shreve & Pac-Eq 5s Ser E 1916-1924__A&Ob 6% 5% Ala Cent 1st g 6s 1918 _ _ _J&J 103 Pi 6s '15 ext 5% '40-__M & NCent Ark & Ea let 58'40opJ&J 95 Atlanta & Charlotte Air Line — Gen 5s May 1 1941__.M&NGrays Pt Term g 5s '47_J&DShrev Bdg&Ter 5s '55 guF&A

10085

1st M 43s 1944 ser A_J&J1st M 55 1944 ser B___J&J 05-

95103x

Virginia Midland—See So RyVa & Southw 5s 2003

&J

StephenvN&STex5s'40op.J&J 75 Atl & Danville let 4s '48_J&J 8434 8434 let con g 5s 1958 A&OSt L Wichita & West—See St L & San Fran 2d g 4s 1948_ J&J 82 Virginian Ry-St Paul & Duluth—See Nor Pac Atl & Yad 1st gu g 49'49_ A&O 76 793.4 let M g 58 1962 opt____M&N

Bid. Ask.

1041053

1091093

10006876103 4

6810039510141023(104$104

94

Pacific

9095

S W

P M &

70Council

10499%

86%118100101

0735

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b4.9403%64.40%

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100

100100_90

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Basle. c On basis of $4.848 to the E. d On the basis of 95 to the E

8994

98%

ThisprIce includesaccrued interest. bLast sale. Ile London. • Saleprics.

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

1916.] RAILROAD STOCKS. 39

Bonds and Stocks.

Wabash—lot gold 5s 1939 NUN24 gold 5s 1939 ____ ...11drADeb mort 6s ser B 1939_ _J&JEquip g 5s Mar 1 1921_M&S1st lien term g 4s 1954_ _J&Jtat ref &est 4s 1956_44% notes '10 ext to '13M&NDet & Chi ext lst g 50 '41 J&JDes M div let g 45 1939. J&JTol & Chic 48 g 1941.. __M&SOmaha Div lot 3As g '41Adr0

Wabash Pitts Terminal Ry-1st g 4s June 1 1954 J&DCen Tr dr Old Col Tr ctfs__

lot assessment paid Assessment full paid_ _ _ _

Columbia Trust ctfs of depAssessment full pa,id__ _ _

ColTr ctfs dep forCenTr etread g 4s June 1 1954 J&DGuaranty Tr ctfs of dep. _

Warren RR—See D L & WWash dr Colum Riv-4s '35 J&JWashington Cent—See Nor PacWash Co Ry—See Maine CentWash 0 tic W—See Southern RyWash Term Co.-34s 1945.11&A

1st g 45 1945 guar FdrAWeatherford Min Wells dr N—SeWest Jersey & Sea Shore—Consol r45 1936__ mt.)Cons 34o g Ser B 1936 J&J

West Maryland-4s 1952_ _A&O5% gold notes 1915 op. ..J&JBait & Harris g 5s '36_ _M&N

let M West Ext g 5s '38M&NCoal & Ir Ry 5s g 1920_ _ F&A

West N Y & Penn 5s 1937_ _J&JGen mort gold 4s 1943._ A&OIncome g 5s Apr 1943__Nov 1

Western Pac lot 5s 1933__M&SWestern Pa—lot g Is 1928...l&DWest Ry of A1a-434e 1918 Adr0Western Transit—See N Y CWest Shore—See N Y C & Fl RWest Side Belt—See Pitts TermWest Va dr Pitts—See B dr 0Wheeling & Lake Erie RR-

1st consol g 4s 1949._ M&SL Erie Div let g 5s 1926_A&0Wheeling Div lot g 58 '28 J&JEaten & !mot g 5s 1930_ F&AEquips f g 5s 1922 J&J

Wheeling Torm-4s 1940...FdrAWichita Falls & Northwestern-1st 58 Jan 1939 J&Jlet & ref g 5s 1940 op_ J&J

Wichita Union Term Ry-1st g gu 44s '41 opt_ _

Wilkes-B & East—See NYS&WWilliamsport & N Branch RR—

lst ref g 4349 1931J&JWillmar&S Fails—See St P M& MWil & Nor—See Phila & Read'gWIl & Weldon—See Ati Coast LWinona & St P —See Chic & NWWinston-Salem Southbound-

1st g guar 4s 1980 J&JWise Cent Ry— let mg 45'49 J&J

Marshfield & South East Divput mon 1st g 4s 1951_ M&N

Sup & Dui Div 4s 1936_ _M&NMinneap Term 34s'50op J&J

Wise & Mich Ry-5s 1045.. ..J&JWisc Minn & Pacific RR—

lst g 4s Oct 1 1950_ _A&OWiscon Val—See C M dr St PWorcester Nashua & Roch-45 Jan 1 1930 J&J4s Oct 1 1934 A&0

rosemite Val e f g 58 1938_J&J

RAILROAD STOCKS. Par

Ala Great Southern com__ __ 50 Id

&la NOT&P Jc A pref_ _ _ EIS 1411Preferred_

Albany &Susquehanna (gu)_Z10100 IdB deferred

Allegheny & West (guar).._ _100Ann Arbor common 100

Preferred 100Atch Top & Santa Fe 100Preferred 100

Atlanta Birm & Atlantic .A00/Wan dr Char Air L (guar) 100Atlanta & West Point 100Atlantic Coast L Co of Ct 50Atlantic Coast L RR corn. 100Preferred 100

Atlantic Coast Line—A_ _ _ _100Atlantic 1st leased lines rent tr_ Id Augusta & Say (guar) 100 101Bait & Ohio—Common 100 86%Preferred 100 76Bangor & Aroostook 100 Beech Cr (guar N Y C) 50 d 43Bost & Alb (guar N Y C _ .i00 Bost & Lowell (guar B & M)..100 138Boston & Maine 100 44

Preferred 100 68Bost & Prov (guar Old Col)..100 z Boston Rev Beach & Lynn.. 100 125Buffalo Roch & Pittsburgh.. _100 93

100 114%Preferred Buff & Susq RR Corp corn..100 45Preferred 100 60

Camden & Burl Co (guar)._ 25 d31

Canadian Pacific 100 58 ACanada Southern 100 187

Preferred 1 [rid 5434

Catawissa RR—lst pf (guar) 1382d pref (guar P dr R) 50 d 54

Cayuga & &Wag (gu D L & W) 30 d 58Central of New Jersey 100 270Chesapeake & Ohio 100 61%Chicago &Alton RR 100

Preferred 100Chic Burl & Quincy 100Ohic Gt West corn trust ctfe.100

Preferred trust ctfs 100

Bid.

104%987096%70

101470%

73

2341%

31q13430A

90

8593%

e Tex &

9889744

102

99%10484

1 2526984

RR Co

69%1009596

91

77

93

f 25

86 A86%

808870

fn 40

9291%70

250124

103100412177150

d 110110

1221612%36%,

Ask.

104q99110

107

86%74

2%11-6

128323

1%

92

Pac

100

75

10010586%

28994

703L102989780

8575

95

35

8734874

89

kl 3881 56%al 5%

260134

1037100 34

15186155125111

a 9i-10487764

4619514045%702321309834

466135601674

a 75%55345562320828430226133734

Preferred v t c 50Illinois Central 100

Leased lines (guar) 100Stk tr ctfs—See RR Securs Co

Internet Rys (Cent Am) com100Preferred 100

Iowa Central 100Preferred 100

Jackson Lane & Sag (guar).... 100Joliet & Chic (guar C dr A) .100Kal Allegan & eir Rap (gu)_ _100K C Ft Scott & Memphis Ry—Prof (guar) trust ctfs 100K C St L dr Chic—Pref (gu)_100

Kansas City Southern 100Preferred 100

Keokuk & Des Moines 100Preferred 100

Lackawanna RR of N J__.._100Lake Erie dr Western 100

Preferred 100Lake Shore & Mich Sou_ 100Lehigh & New York gref_ 100Lehigh Valley 50

Preferred.. 50Little Miami °rig guar 50Spec guar betterment stk.. _50

Lit Schuyi Nay 11.11&Coal (gu)50Long Island 50Louis & Mo Illy pref (guar) 100Louisville Bridge Co 100Louisv Fiend & St L corn 100

Preferred 100Louisville & Nashville 100Lowell & Andover 100Lykens Valley Rit & Coal 20Mahoning Coal RR 50Pref (guar L S & M S)......_ 50

Maine Central 100Preferred 100

Manchester & Lawrence 100Maryland dr Pennsylvania_ _100Massawippi Valley (guar)...,100Michigan Central 100Mine Hill & Schuyi Hay (gu) 50MInneap & St Louis coin......Preferred. 100

Minneapolis St P & S S M _100Preferred_ 1004% Leased Line Ctfs 100

Mississippi Central_ _100

Stocks. Par.

Cute Ac East Ill—Preferred.Chic Ind dr Louisv corn-----100

Preferred -100Chicago Milw dr St Paul_ ..100

Preferred 100Chicago & North Western.._100

Preferred 100Chic R. I & Pac Ry 100Chicago St Paul Minn & 0 _100

Preferred 100Chic Terre Haute & S 100CIncin Ham & Dayton 100Cinc New On l & Tex Pac... -100

Preferred __ _ _ 100Cincinnati Northern.. 100Cin Sandusky & Cleve pref_ 50Clay Cin Chicago & St L__ _100

Preferred -100Clev dr Pitts (Guar Pa RR)- 50

Betterm't stk (Gu Pa RR) 50Colorado dr Southern 100

lot preferred 1002d preferred 100

Columbus & Xenia (Guar) 50Concord & Mont—Class I-100

Class II. 100Class III 100Class IV 100

Concord & Ports (guar) ___ _100Conn & Passumpsic—Pf(gu) 100Conn Riv (guar B & M) 100Cripple Creek Central 100

Preferred 100Cuba RR preferred 100Dayton dr Mich corn (guar) 50Pref (guar C El & D) 50

Delaware dc Bound Br (gu)-100Delaware dr Hudson__ 100Delaware Lack & West 50Delaware 25Denver & Rio Grande 100

Preferred 100Des Moines & Fort Dodge -100

Preferred 100Detroit Hills & S W (guar)-100Detroit dr Mackinac 100Preferred 100

Duluth South Shore dr Atl_ _100Preferred 100

East Penne (guar P & R) 50Elmira dr W msport (guar) 50Pref (guar Nor Cent) sod

Erie—Common 1001st pref 1002nd pref.. 100

Erie dr Kalamazoo (guar) 50 dErie & Pitts (guar Pa RR)_ 50 dFitchburg preferred 100Fonda Johns & Glov corn_ _100Ft Dodge Des M & Sou pref _100Ft Wayne & Jack—pref (gu) 100Georgia & Florida 100

Preferred 100Geor RR dr Bank Co (guar)_ 100Georgia Southern dr Florida_100

lot preferred 1002nd preferred 100

Grand Rapids & Indiana_ _100Grand River Valley (guar) ..100Great Northern Ry—Pref..Ore certificates

Bid.

305392%12734125%17016%115130

24510935

d 663872%

d 82d 48

264741

d 1039797979714098150

35Id _ _d 37d 90177149%

d 217161

93,1,18342308780903634

d 6547%6836%51%43%956177%10100120

24710806515105121

d 433jGreen Bay dr Western___ _100 74Deb ctfs A dr B—See under bo ndsHarrisburg Ports Mt J dr Lan 50 d 90Hartford dr Conn Western_ _1001 28Hocking Valley—Common 100 96Hudson Companies—Pref. ..100' 4Hudson & Manhattan 100 n 3

Preferred 100 n 5Huntingd & Broad Top v tc 50'd 3

d 1010377

IdId

72115120

62%90254

z 58425911032

4909

d 76%d 102d 1044/ 4834d 54d 2134100105

12290

d 35051100101122

80107

d

171164

Ask. Stocks Pa,

Missouri Kansas & Texas_ ..100Preferred 100

Missouri Pacific 100Cent Trust ctfs of dep

Mobile dr Birm pref (guar)__100Mobile & Ohio—See Soutb'n RyMorris dr Essex (guar) 50Nashua de Lowell 100Nash Chat & St Louis 100Mashy & Decatur (gu L & N) 25National Rys of Mex lot pref 100Second preferred 100

New Orleans Mobile & Chic _100Preferred 100

NY Blyn dr Man B pref (gu)_ 10069 New York Central RR 10041 Dividend psi/able in London77 New York Chic dc St Louis.. _10084 1st preferred 1004934 2d preferred 10028 New York & Harlem (guar).. 5049 N Y Lack dr West (guar) _ _10050 New York New Hay & Hart.. 100 N Y Ontario & Western.. __100 Norfolk Southern 100 Norfolk dr Western Ry 100 Adjust preferred 100 No Carolina (guar So RR) _ _100 Northern Central (gu Pa RR) 50 North'n N El (guar B & M) _100156 Northern Pacific Ry 10040 Nor RR of NJ (gu Erie)__ _ _10040 Northern Securities Co stubs__

8/ 9934 North Pennsylv (gu P & 11)-5040 Norwich dr Wore pref (guar)10095 Ogden Mine RR(gu CenNJ) 100184 Old Colony (gu NYNH&H).1.00151 Ontario & Quebec 100218 Oswego & Syra (gu DL&W)_ 50172 Pac Coast Co—See Misc stocks10 Pennsylvania Railroad Si)204 Peoria & Bureau Val (guar)._ 1004 Peoria & Eastern. 10034 Pere Marquette RR _10091 1st preferred 100 24 preferred_ 100 Phila Germ & Norris (guar)_ 505 Phila & Trent (gu Pa RR)_ 100104 Pittsburgh Bess At Lake Erie 5067 Preferred.. 5050 Pittsb Cin Chic dr St touis 10070 Preferred 1003634 Pittsb Ft W dr Chic (guar) 100517 Special (guar Pa RR) 10045 Pittsburgh & Lake Erie 50103 Pittsb McK & Yough (guar) 5065 Pitts Youngst & Asht pref _10078 Prov & Worcester (guar)_ _10020 Providence Warren & B 100103 Railroad Securities Co-125 4% Ill Cent Stock etre 1952_ Reading Co 50

1st preferred 50255 24 preferred 5025 Rensselaer & Saratoga (guar)10087 Rich Fred & Pot—Common _100 Dividend obligations 10022 6% guaranteed 100115 7% guaranteed 1001214 Rich &P&RF&C Conn.. 704334 Rio Grande Southern 10078 Roch & Genesee Val RR 100

Rock Island Co •10095 Preferred 100 Rome & Clinton (gu D dr H)100105 Rutland preferred 1007 St Joseph dr Grand Island.... 100434 1st preferred 1008 24 preferred 1006 St Louis Bridge 1st pref 10013 24 preferred 100104 St L Rocky Mtn dr Pacific_ _10080 Preferred 100

St Louts & San Fran corn.. .....100kl 934 1st preferred 100kl 434 24 preferred 100

5 Stock tr aft; for Chic & East III10 corn Equit Tr etre 10079 Preferred 100130 St Louis Southwestern 100130 Preferred 100

Saratoga dr Schenectady (gu)10065 Seaboard Air Line corn 100105 Preferred 1002534 Sharon 5061% Southern Pacific Co 1008 Southern Ry common 10050 Preferred 10094 Mob & Ohio stock tr ctfs 14 Southwest'n of Ga (guar)_ __10036 Texas & Pacific 100502 Toledo Peoria & Western 100 Toledo St L & Western 10077 Empire Tr Co ctf dep Preferred 100106 Empire Tr Co ctf dep Troy & Gr'bush (gu N Y C) 5055 Tunnel RR of St L 10024 Union Pacific—Common.. 100120 Preferred 100 United N I RR dr Canal (gu)100 Utica & Black River (guar)_100 Utica Chen & Susq Val (gu)_100124 Utica Clinton & Binghamton100100 Valley RR (N Y) (guar)_ __ _100

Vandalla RR 100450 Vermont & Mass (guar). 10055 Virginian Ry 10010034 Wabash Ry 100102 Pref A 100132 Pref B 100 Ware Riv RR (gu B & A)_ 100 Warren N J (guar D L & W) 50120 Western Maryland Ry 10057 Preferred 100831 West Jersey & Sea Sh—Com 5020 Wheeling & Lake Erie corn..100119 at preferred 100140 24 preferred 10080 Wisconsin Central_ 10036 Wrightsville & Tennille. rum 25

406093128%1281781712515010

111

Bid. Ask.

3%10%

44460

d 80%179129

d 44

831

105103%

ta 347954345114%633427%20120%86160

103112475

d 98d 93160100152

Id d 97

d 56%1309

d 140230

d 29d 59

7990156145

d 210d 65155200125

70d 8434d 43d 44%172

s 200z 200z 200z 200120

1100

3434

115

82514

1055138%72%2%5343%

1634401531535

d 5297%2045860101734

53108

d 77105132%82%2241551336511350

22%14%4627%140

d 7731%45

dx 4942%1033433

4%1154%70

8834

14046234734

115104

81109%3788564359123642825%120%8817088

113%8210594

120

811114103

56%14513

50c.1.50

11422404064829516015522075160

75843444%444

3

34

13023

1115639%76346334

16%4416015%35%5797420%59701057%

61212811111323483228

13875116

120241446277

81324850234144435

d Price per share, not per coat. f Flat price.s Ex 50% dividend in dividend obligations.

7333

k Last sate. I tu Loudon. »Nominal. /sate Jrice. I NhiW /Welt. Wc--d V. I gi:7r1F—ItII•

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

40

STREET AND ELECTRIC RAILWAYSIn quoting street and electric railway bonds, we employ the same method as in quoting the bonds of steam railroads.

The great majority of issues being quoted "and interest," we use no designating mark whatever where that is the case.

On the other hand, we prefix the letter "f" where there is a deviation from this rule; in such cases the interest forms part

of the price. Unless, therefore, "f" appears against a quotation, the buyer will understand that the accrued Interest is

to be added on. This, however, does not apply to income bonds and bonds in default, in which oases the price 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.

STREET RAILWAY BONDS.Albany Ry—See United Tract'n

L Bid.Albany Sou RR 1st 5s '39_MdcS 90Alton Gran dr St L—See East St L & Su bAltoona & Logan Val Elec Ry—Con g 43s 1933 gu__F&A 15 83

American Cities Co—Coll trust g 5-65 1919 opt _J&J 97

American Railways—Coll trust cony g 5s 1931_F& A 90Coll trust g 58 1917 opt_ _ Adr0 993IScran Ry tr cts g 50'35_ _M&S _

&nacos dr Pot—SeeWashRydrElArdmore St Ry—See Philo, CoArkansas Valley Ry Lt & Pow6% notes July 1 1919____J&J 98

Ashland (Vie) L Pow dr St Ry-1st M gold 5s 1939 J&J 93

Atchison Ry, Light dr Power-1st 5s Nov 1935 M&N 88%

Athens (Ga) Ry & Electric-1st & ref at g Es '50 op'15 .LirJ

Atlanta Cons St—See GaRydrElAtlanta Nor—See Go Ry dr ElAtlantic Ave—See Bklyn R Tr..Atlantic City Sr Ocean City Co-Col tr g 5s 1947 opt__ _ _ M&S

Atlantic City & Shore RR-1st M & col 5s 1945 opt_J&D

Atlan Coast El 1st 5s '45_ _ M&N 95Auburn dr Syracuse Elec RR-

1st dr ref g 5s '42 opt '12A&0 Augusta-Aiken Ry dr El Corp—Sink fd g 5s Dec 1 '35 opt.J&DAugusta Ry dr El 5s '40_J&D

Aurora Elgin dr Chicago RR-1st de ref g 5s 1946 opt_ _ _Mr.!A E & C Ry 1st g 58'41 A&015Elg Aur dr S s 5s 1916J&D

Bait & Ann S L—See Md El RyBait Cat & El M—SeeUnRy&ElBaltSpP&Ches—See Un Rydr ElBait Terminal—See Wash BaitBait Traction—See Un Ry & ElBangor Ry & Electric-

6590

85981003i

& Ann

1st cons g 5s 1935 opt_ __Jdrj 99Beaver Valley Traction—Gen g 5s 1953 opt M&N

Berkshire St 1st g 5s 1922_ _J&DBinghamt Ry 55 '31 op '11 M&NBirm Knox & All—See Philo CoBirm Ry, Light dr Power—Gen ref g 4%s '54 op '09.A&ORef & ext g 65 1957_ _ _ _ M&N6% notes May 1, 1917 M&NBirm Ry & El 1st g 5s '24_J&J

BI St & Ful Fer—See N Y Rye—Boston El g 45 May 1 '35.. M&NDeb g 43s Oct 1 1937_ _A&ODeb g 43s Nov 1941 M&NDeb g 5s Dec 1942 J&DWest End St 5s 1932_M&N

Cis March 1944 M&S43s Jan 1 1923 J&J4s July 1 1930 J&JGold 45 May 1 1916M&NGold 48 Feb 1 1917_ F&A4s Aug 1 1932 F&A

Bost dr Nor ref g 45 1954_ _Georget Row & Ipsw 58'20 J& DLowLaw&H 1st g 5s'23opJ&DLynn dr Bos 1st 5s g '24_J&D

Bost & Wore 1st 43s 1923_F&ABridgeton dr MillvTr 5s'30 J&JBway dr 7th Ave—See N Y RysBway Surface—See N Y RyaBkn City & New—See C I dr BkBrooklyn Rap Tran-58'45A&O

1st ref gold 4s2002 J&J5% gold notes 1918 opt J&JBklyn City—lst 58 1941_J&JWm&Flat430 July'41_ F-A

Bklyn Hgts 1st 58 1941_A&OBrooklyn Queens Co & Sub—

let M g 5s 1941 opt '16_J&J1st con gu 5s July '41_M&N

Bklyn Un Elev 5s 1950__F&AStamped guaranteed

Kings Co El 1st 4s 1949_F&AStamped guaranteed

Nassau Elec—lst 5s '44_ Adr01st g 4s Jan 1 1951_ _ __J&J

Atlantic Av con 5s g '31.A&OBkin Bath&WE 55'33.A&O

Brownsville Ave—See Philo CoBuff & Lack Tr 1st 5s'28op J&DBuffalo dr Lake Erie Traction-

1st & ref g 5s '36 op s t__M&NHamburg Ry 4s 1926M&N

Burlington (La) Ry & Light-

888596

90%97%100102

87 Ye9392%99%100%100%97%95%10099%89%789899989393

102

101101%92100

101%101%84%84%10276%10197

1st s f gold 5s 1932 opt__M&S 92Cal Pac—See Pacific Elec RyCal St Cable RR serial 6s_ _J&J 108%Calumet dr South Chicago Ry-

1st M rehab g 5s '27op'12F&A 92Camden & Sub—See Pub Serv CorpCanal & Cialb—See N 0 Ry & LCanton-Akron 1st g 58 '22_ M&S 97Canton Mass 1st g 58'20.Mdr NT 97%Can-N Philo g 5s '23 opt _ F&A 97

Capital Trac (Wash, D C)-1st g 58 June 1 1947_ _ _J&D look

Carbondale Ry 58 Nov '33_J&J 94

Au. Bonds. Bid. Ask. Bonds. Bid. Ask.

Carolina Power & Light- DarbyMed&Ches—SeePhilR Tr

1st M g 58 1938 F&A. 92% 94 Day Coy & Piqua Tr 5s '22 Adr095 Cass Av dr F'r Gr'ds—SeeUn Ry Delaware Co & Philo—See Un P& Tran s.

Central Ark Ry & Lt Corp— Denver & N W 1st 5s 1932 M&N 76

1st I s f 5s 1928 M&S 89 92 DenCTram—Purch g 5s '19 Adr0 94% 96

86 Central California Traction— 1st & ref g 5s 1933 opst M&N 70

1st s f g 5s, 1936, opt_ _ _ Aar° 62% 67% Con Tram con g 5s 1933_A&O 97% Cent Crosst—See N Y Rys Denver Tram Power 00-

Central Elec—See KCRy&Light 1st imp g gu 5s '23 op '08 Adr0 85 90

93 Cent Market St—SeeColRy&Lt Denver Tramway Terminals Co100 Central Ry-SeeUnRydr El(Balt) 1st m g gu 5s Sept'16-'37 M&S b 6%_ _••- Central Tract—See Philo Co Des Moines & Cent Ia Elec Co-

Charleston Cons Ry Gas dr El 1st s t 6s 1937 op Ser A_M&S 93 103

Consol g 5s 1999 M&S 933/i Des Moines City Ry—Ch City Ry 1st g 55 1923.J&J 102% Ref g 5s 1921 op 1906___A&O 100

99 Chattanooga Ry dr Light- Gen & ref 5s 1936 J&J 90 973.

1st & ref g 5s 1956 op '16.M&N 75 85 Det United 4%s 1932 opt_J&J 77A 78

95 Chatt Rys 1st con 5s '56.M&N 90 93 5% notes May 5 1918..F&A5 9931 1003.

Chicago City dr Connecting Rys— Det Elec Ry con g 5s '16_J&D 99%1 Igo%

93 Col tr s f g 5s Jan 1 1927.A&O 69% 70 Det Ry 1st 5s '16-'24_J&D 90 92

Chicago City Ry- Det&Flint 1st g 58 '21_ _FdrA 90

1st g 5s 1927 op up to '12.F&A 99M 99% Det Roch Romeo & L Orion

Chicago Elevated Rys- 1st sk fd g 5s 1920__J&D 98

5% gold notes July 1916.. J&J 93 96 Det Ft Wayne & Belle Isle-

Chicago Junction RR- 1st g 5s Apr 1 1928_ _ _ Adr0 - 85

1st g gu 48 1945 op '10__M&S Det Mon & To! Short Line Ry Ch & Mil El Ry 5s 1919___J&J 95 100 1st M g 5s Jan 1933.. __Ha 983i,

RR 1st g 5s1922 jec.jf 40 45 Det&NW 43is '21 op '11M&N 91

Wisc Div 1st g 5s 1925 gu.J&J I 13 16 Det & Pontiac-5s g '22_F&A 99%

Chicago & Oak Park Elec Ry— Cons g 4%s '26 op '11_J&D

Lake St El 1st 5s 1928 gu_J&J a 50 60 Det & Pt Huron Shore Line-

Chicago Railways Co- 1st g 5s 1950 J&J 94% ee

1st m g 5s 1927 opt F&A 973 98% RapRylst con 5s'16 _M&N 99% 100%

72 Con M 5s Ser A Feb '27_A&0 91% Det & Lake St CI 5s '20_ A&O 90 93

Series B Feb 1927____J&D 69% 71% Det Ypsil Ann Arbor dr Jack-

Series C Feb 1927_ _ F&A 94% 1st g 5s 1926 F&A 03 95

Pur mon 4-5s Feb '27 op.J&J 71 D Y & A Ag 6s 1917_ M&N 100

99% Adj inc 4s Feb 1927 op_ _May 37 39 Cons g Cs 1924 F&A 99%

Chic Sou Bend & Nor Ind RR- Doylestown&E—See Phil & E—

1st1st g 5s Jan 1 1937 723i

75% D ID E B dr B—See Third Av Ry

Chris & 10th St—See N Y Rys Duluth Superior Traction Co—

Cin D dr T Trac gold 5s '22_J&J 60 Duluth St Ry 1st g 58 '30M&N 93 95

South Ohio Trac 5s '20_ _ M&N 85 90 Duquesne Trac—See Philo Co—

Cin & H 6s g Apr 1 1918J&J 97 101 Eastern Pa Rya 1st 58 1936 J&J 85% 83%

Cin Lawr & Aur 58 1919_J&J 70 Eastern Wisconsin Ry & Lt-100 Cin New & Coy 5s g 1922.. J&J 97% 100 1st M g 58 1923 opt__A&O 923. 95

2d g 58 July 1922 J&J 95% 100 Easton Cons El 58 1949__M&N 99 101

91 So Coy & Cm n Cs g 1932J&J 110 113% Easton Palmer & Beth St Ry

Newp't & Day 1st 6s '17_F&A 100 105 1st g 5s Dec 31 1918__J&J 99 101

97% Citizens' Ry & Lt—See Muscat!ne Lt dr Trac East St L Columbia & Waterloo

Cit Ry L & P—See Newp News & 0 P Ry El 1st 5s Oct 1 1932 A&O 90

Citizens St—See Ind Tr & Ter. East St Louis & Suburban Co—

Cit RR—See United Rys St Lou Coll trust g 5s 1932 opt_ A&O 90 93

Citizens' Tract—See Philo Co. Cony Os Jan 1 1919 J&J 97 100

100% City Pass Ry—See Reading Ter Alton Granite dr St L Trac-

104 City & Sub—See Port (Ore) 1st cons g 55 1944_ _ _F&A 83

89%City & Sub—See Un Ry & .1 BCity & Sub—See Wash Ry & El

alt) Edgefleld St—See. Nash Ry & LEighth Ave RR—See N Y Rys

95 Clev Ry 1st 58 1931 opt_ __M&S 101% 103 Elec & Peep—See Philo Rap Tr

94% Clay Painesv & Ashtab Elec- Elg Aur & So—See Aur Elg & Ch

101% 1st gold 5s July 1 1922_ _J&J Eliz Plaint & Cen J—See P S C

Clay Pains dr East Con 5s'18A6r0 90 96 Elmira Water Light & RR-

Cleve Southwest & Colum Ry- 1st & con g 5s 1956_ ___M&S 05% 97A

1st gen con 5s 1927 opt_ _A&O 75 El Paso El Co coil tr g 5s'32J&J 973 09A

Clev&SW 1st 5s '23op'13.F&A a 80% Ely & Ober—See Cleve & S W T roc

Cl BerEly&Ober5s g '19_ M&S n 95 96 Erie El Motor s f g 5s 1941 A&O 97 101

Cloy Ely & W 5s 1920_ _ F&A 96% Evansv & Son Ind Traction—

91% Ely & Ober g es '17 opF&A Evansv El 1st g 45 '21_M&N 93 94

82 Columbia (S C) Ry Gas dr El Co — Evansv & Prluc 1st 55 '23A&0 95 100

101 1st M a f g 5s 1936 J&J 92 95 Fairmont dr Clarksburg Tract'n

101 Col Buckeye L & New—See Col Newark &Zanes 1st g 5s 1938 op 1913___A&O 98 100

Columbus (Ga) Electric Co- Fairmount Pk Transportation-

94 1st cell g 5s 1933, option _ A&O 84 86 1st s f g 5s 1937 opt A&O In 70 75

95 Columbus(0)Interurban Ter Co. Federal Light dr Traction-

1st guar 55 1935 75 85 1st s f g 5s 1942 opt__.. ..M&S 86 90

Col Lon &Springf—See Indjeol?& East Fed St & Pleas Val—See PhilCo

Columbus Newark & Zanesv- Ft Pitt Trac—See Philo Co102% 1st gold 55 1924 __ 92 Ft Smith Light & Traction-

81 Gen & ref gold 5s 1926_M&N 89 1st M g 5s Mar 1 '30 opt M & S 70

101% Col Buck Lake dr New Tray FtWayneB & M 1st 58'35 gu J dr J 88

101% 1st gold 5s 1921 M&N 97 99 Ft W Van Wert & Lima Trac-

96 Zanesville Ry, Lt & Power - 1st M g 5s 1930 guar..... .J &J

102 55 1912 ext to Mar'24_A&O 95 Ft Wayne & Wabash Val Tree...

Columbus Ry, Pow & Light- 1st cons g 5s 1934• M & S 70

91 1st ref Sr ext s f 5s 1910_A&O 94 97 42d St M & St N Av....See Third Ave Ry

Cen Market 1st g 53 1922_ J&J Frankf Tunny & liolmesb lty—102 Col Ry 1st 45 '39 opt '14_Q-J 79% 81 lst g 5s July 1940 J&J 75 82102 Col St Ry 1st 5s g 1932 _J&J 99 100 Galv Elec Co lst5s'40 op M&N 90 94

87 Cross St 1st 5s g 1933_J&D 98 100 Galveston-Houston Elec Ity-86% Colum & 9th Av—See N Y Rys 1st Msfg 5s 1954 opt_ _A&O 93 96

105 Commonwealth Pow, Ry & Lt— Gary & Interurban Ry-76% Cony 64 1918 M&N 1023% 103 1st ref g 58 1930 opt_ _J&J

Compt fits dr Mar Ter—See Un Red Ris Geor Row & Ips—See Bos&Nor100 Conestoga Trac 1st 4s '50__J&J 85% 86% Georgia Light, Power dr Rye-

Coney Isl & Bklyn 45 1948_ _J&J 79 82 1st lien s f g 5s 1941 opt M&S 73% 77%

Consol gold 4s 1955_ __J&J 78 82 CentGaPow5s '38 op '13M&N 82 00

B C dr N 1st cons 5s 1939_J&J 98% 100 Georgia Ry & Elec 5s 1932_J&J 101 102%

Corm Ry & Lt 4%s 195L ...J&J 100% 102 Refg & impt g 5s '49 s f__J&J 97 99

Stamped guaranteed opt'l___ 100% 102 Atlanta Cons St Ss 1939_J&J 1033/i 104g

Con Ry(NewHav)deb 4s '54J&J Deb 4s 1955

Deb 4s 1956 guar J&JJ&J

80%, 80% 80

Georgia Elec Lt 55 1930_J&JAtlanta Northern Ry Co-

1st guar 58 '54 op '09_ _J&J

100

99

102

103

93

Cons g 4s 1930 F&ACons Ry &Pow (Salt Lake) SeeC ons Tr(N J)—SeePubServCor

79Utah L & !Li --

Georgia Ity & Power-1st & ref s f 55 1954 op_ ..A&O

Grand Rap Ry 1st g 5s op... 91

10091%100%

Crosstown St—See Col Ry & Lt Grand Rap Gr IIav & Musk Ry

9999

Cross St—See Int Tr (Buffalo)Cumberland Co(Me)Pow&Lt-

1st &ref g 5s 1942 M&S 95 98

1st g 5s July 1 1926 J&JGreenwich Tram 1st 5s '31....I&JHamburg Ry—See Buff dr Lake

94%101%Erie

97A

Trac99 Dallas El Cor col tr g 5s'22.A&O 96 99 Hart Man & Rock 58 1924_A&O 100

107Danville Street Ry & Light Co—

Ref gold 5s 1917-1925_ _ _ _J&J 96 99Hart & Springf 58 g 1921 J&JHart St 111—lst g 4s 1930_M&S

__ —95

90

96 Danville Urbana & Champ- Havana El cons g 58 1952_ F&A 02%

1st 5s 1923 optional_ _ _ _M&S 97 99 delena LArRy 1st 5s '25 op M&S 82 85

f This price Includes accrued Interest. k Last sale. n Nominal. ,Sale price. Min.—Minimum trice on Montreal or Toronto stock exchanges.

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

APR.. 1916.] STREET AND ELECTRIC RAILWAY SECURITIES.NOTICE—All bond prices are now "and Interest" except where marked "f" and Income and defaulted bonds.41

Bonds.

Hest Man & Fair—See Phila RHonolulu Rap Trans & Land-

1st g 68 1927 op 1917 __M&NHoughton County Traction

1st con g 58 1937 J&JHoughton Co St 58 1920_J&J

Hous El 58 1925 op 1910__F&AIllinois Central Traction-

1st M g bs 1933 op guar_J&DIllinois Valley By-

1st s f g guar 58 1935__ M&SIndiana Columbus & E Trac—Gen & ref g 5s '26 op '11.M&NCol Lon & Springf 5s '20.A&O

Indianap Columbus & Sou Tr-1st Afg 5s Feb 1 1923___F&A

Indianap & Green Rap Tran-1st g 58 Jan 1 1929 J&J

Indianap & Martinsv Rap Tr-1st g bs 1932 opt J&J

Indianapolis Northern—See UnlIndianapolis & Northwest Tr-

1st g 5s 1923 opt M&SIndianapolis & Southeast Trac

1st M g 5s 1935 J&JInd'p Shelbyv & Southeast 1sts f g 5s Jan 1 1932 J&J

Indianapolis Trac & Term Co—' 1st s f g 58 Jan 1 1933___A&O

Indianap St gen 4$ 1933 J&JCitizens St con bs g '33_ M&N

Indiana Union Traction-1st g bs July 1 '33 op '08.A&OIndiana Nor 1st g bs '33_Adr0Muuc & Un Cy gu 53'36opJ&J

Interborough-Metropol Co—Coll trust g 4%s 1956_ A&O

Interborough Rapid Transit-1st & ref g bs '66 op tax-exJ&J

Internal'! Traction (Buffalo)—Coll tr 48' 1949 J&ABuff Ry 1st con M 5sg'31.F&NCross St Ry 1st bs g '32_ M&NBuffalo Trac 1st g bs '48_J&DBuff Bell & Lan 5s 1927_J&DBuff & Lock 1st g 5s 1938_J&JBuff & Niag Falls Elec Ry-

1st M 5s g 1935 J&J2d mtg g 5s '21 op '01. J&J

Internat Ry ref 5s'62op M&NLockp & Olc 1st g 58 '20 J&J

Interstate Rys—Col tr g 4s1943 op 1913 F&A

Interurban Ry & Terminal-1st g 5s Jan 1 1928 Q-J

Iowa Ry & Lt (Cedar Rapids)-1st & ref g 5s 1932 op '15 M&S

Ironwood & Bessemer Ry & Lt1st s f g 55 '36 op aft '15_ F&A

Jackson & Battle Creek TractJackson Consolidated TractionfJackson (Miss) Light & Tr-

1st s f g 58 1922 opt '14__A&OJacksonville Traction-

1st con 55 Mch '31 opt__ M&SJacksonv El 5s '27 opt__ M&NJersey Central Traction-1st g 5s 1931 M&NGen & ref g 5s '54 op '14...J&D

Jer City Hob & Pat—See PublicJohnstown (Pa) Pass Ry—

Itfg g 43 1931 J& DJoplin&PIttsIty Ist5s'30 opM&SKansas City itys-5 /14 % notesKan City Ry & Lt Co 1st Ilen

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 Os, 1922 J&JKC&Westp Belt 53'26 op.J&JMet Corrigan iss 5s 1916_J&JMet St 5s 1910 ext to'13.M&N

Kan City-Western—lst refg g5s 1925 opt Sept 1 '10 M&S

Kentucky Trac & Terminal-1st & ref gu 5s '51 op '14_ F&ALexington Ely 1st 5s '49..J&D

Kentucky Util (is '19 A & 0 '15Kings Co El—See Bklyn Rap TiKnoxville Railway & Light—Cons M 58 '45 op '10 __M&SRef & ext 5s 1916 op_ ._J&DKnoxville Trac 5s 1938._ A&O

Kokomo Marion & W Trac-1st g 5s July 1 I933____ _J&JLackawauna & Wyo Val It TColl tr Ss 1951______ _F&ALake Sh Elec 1st con g 5S '23JSciGen g 59 Feb 1 1933_ F&ALor & Cloy g 5s '27 op '17.J&JSand From & So 5s 1936_J&JTol Frem&Nor5s'20op'05J &Jtake St El—See Chic & Oak PkLancaster Co ity & Light—Coll tr 5s 1951 .I&J

Lehigh Valley Transit-1st M g 5s Dec '35 opt.- WES1st Mg 4s Dec '35 opt__ M&SCons g 48 1935 J&DRef & knot g 5s 1060._ ._J&D

Lewiston Augusta & Watery-1st & ref g 53, 1937 op _ _ A&O

Lew Br & Bath 1st g 5s '18.M&SLexington Ave & Pay For—SeeLox dr Bost 1st g 4349 '20_ A&OLexington (Ky) Ry—See Ky TrLindell Ely—See United RysLittle Rock Ry & Elec-

1st g 58 1933 op 1908_ A&ORef & ext g 6s 1938 A&OLockport & Olcott—See InterLorain & Cloy—See LakeShElecLos Angeles Pac—See Pac El RyLos Angeles & Pasadena—SeeLos Angeles Ry Corp-1st & ref s f g 5s, 1940 J&DLos Ang Ry 5s g 1938 __A&OLos Ang Trac 1st g 58'38 J&D

Louisville & Nor Ry & Light—let g 5s 1025 opt tele__ _J&D

Bid. Ask. Bonds. Bid. Ask. Bonds. Bid. Askr

1043

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92

97

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96

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Louisville Traction—Louisv Ry con M 55g '30_J&J2d mtge 434s 1940____M&SGen M 5s 1950 F&A

Low Law & Hay—See Bos&NorLynn & Bost—See Bos & NorMacon Railway & Light Co—

1st cons g 5s '53 opt '08J&JMahoning & Shenango Ry& L—Penn & Mah Val 5s '22_ M&NYoungst Shar Ry&L5s'31 J&J

Manchester(NII) tr L & Pow—1st cons 5s 1921 A&O

Manhattan El con 45 g'90_A&OStamped tax-exempt 2d g 4s 2013 J&D

Manila Elec RR & Ltg Corp—1st lien & col tr g 55 '53_M&S

Manila Suburban Rys—1st M s f g 53 guar 1946_ M&S

Market St Elev Pass—See PhilaMarket St (San Francisco)—SeeMaryland Electric Rys—

lst s f g guar 5s 1931 red_A&OBalt & Ann S L 55 1946_F&A

Massachusetts Electric Cos—Col tr 5% notes 1918_ _A&O

McGavock & Mt Vernon—See Memphis St Ry con g 5s '45_J&JMetropolitan RR—See Wash RyMet St ity—See N Y RysMetropolitan West Side "L"—

1st gold 45 1938 F&A Exten gold 4s 1938 J&JMichigan United Rys—1st & ref gold 53 l936_ M&NJack & Bat Crk 5s '23___ _J&JJack Cons Tr 53 1934__M&NMich Traction 1st 5s '21_J&JMich Trac Ext 1st 5s '23_J&JMich Ry 6% notes 1919 __J&D Middlesex & Boston St Ry— 1st & ref g 434s 1932 opt. J&J Millvale Etna & Sharps—See P MII 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 & Trine—

1st g 53 gu 1929 opt .._M&NMinneap St Rys—See TwinCity Mob Lt & 1111-1st g5s'37_J&13 Cons g 5s 1941 M&S Mob St RR—lot Os g'23 M&N Monongahela St Ry—See Phila Monongahela Valley Traction—1st M g 5s 1942 opt '22J&DMontreal Tramways & Power—Coll tr 6% g notes 1917 _A&OMontreal Tramways—Pific1st & ref g 5s 1941

opt_- _J&J

Montreal St Ry 434s'22_F&AMontville St Ry-5s 1920_M&NMorris Co (N j) Traction—

1st 5s hie '15 1935_ _ J&D 15Mt Wash St Ry—See Phila CoMuncie Hartford & Ft Wayne—1st g 5s 1935 opt 1025 _J&J Muncie& UnCTr—See Ind Un TrMuscatine Light & Traction—Ry & L lot g 5s117_A&OMuskegon Trac & Lighting—1st g 53 1931 opt 1911___M&SMuskogee Electric Traction—1st s f gold 58. 1934__M&N Nashville Railway & Light—Cons g 5s 1953 opt 1908_ _J&JRef and ext gold 53 1958_J&J

Nashville St lty 5s 1925_ _J&J Edgetield St cons Os 1920_J&JMcGavock & Mt Vernon—Summer St lstM 63'26..J&J28 series Os July 1937_ _J&JNassau El—See Bklyn Rap TrNational Properties Co—

Coll tr 4-434-534s 1946_J&JNewark Pass ity—See Public SeNew Bed Middlob & Brock—SeeNew Bedf & Onset lot 53'22.J&IN II & Centrev 1st 59 g'33_M&SNJ & Red Ely Ry & Ferry—lot gold 43 1950 opt__M&SNew Orleans Ry & Light Co—Gen M 434s g 1935 J&JRef&gen53'49op' lOserA M&NDeb g gu Os 1916 opt__ —MDCanal & Clan) 1st 6s '46.M&NN 0 Cy It Et—Gen g bs '43J&JN 0 Cy & Lake 5s 1943.J&JPower-house 6s 1917 J&J NO&Carroll con5sFeb'33.J&JEdison Fti 1st 5s 1929_ _J&JN 0 Pow-House Co 5s '41..I&J St Charles St 1st g 4s152__J&J

Newp't & Day'n—See Cin N'ptNewp'tNews&OldPt Ry & EiCo

1st g 5s Nov 1 1038...._ M&NGen g 5s Marl 1941__ _M&SCitizens Ry L & P 5s'40 M&N

New W'miburgh dr Flatbush—New York Railways—

1st It F.: & ref 49 '42 op'16_J&JAdj Inc g 5s Jan 1042_ A&OBieeck St & FP 1st 4s '50 _J&Iilway&7th Av Cons 53'431,1GOIlway Surf R it 1st 53 '24_J&JCenCrosstown 1st 63'22.M&N

Chrls&lOth St Ist4s'18A&OCol Jr 9th Av 1st 51 '93_ _M&SEighth Av curt Ind 63119.F.IcALexAv&P Fy 1st 59 g'93.M&SSecondAv con 5s g'43 gu.F&ATrust Co ctfs of

deposit_- ,South Ferry 1st 51 1019_ A&0 Tar W P Jr Marn 51 g '28M&S Third Ave—See under "T.'

34th St Croist lot 5s '96_ A&O238 St. Ry. 58 1932 J&JN Y & Queens Co 4s g '46.A&O Steinway Ity—Ist g es'22.J.t.1NY&Stamf—tst g 58 '31__A&O tst&rof g4s'55sioo art ten NI& N

102%923%983

88

100398

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92

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100

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1100 s9634'95 S1003496s76 '

New York State Rys—1st con g 434s '62 op '13M&N

N Y Westch & Bos—See SteamNorf & Atl Term—See VaRy&PNorf & Ports Tr—See Va Ry &PNorfolk Railway & Light-

_ _M&N1st cons g s 1 5s 1949-Norfolk St 1st g 5s 1944_ Ada

North Carolina Pub Sera, Co— 1st & ref 5s 1934 opt____ A&O

Salisb & Spencer 5s '45__M&NNorthern Illinois Lt & Tr ac-

1st M gold 55 1923 guar__J&JNorthern Ohio Trac & Light—

1st consol g 58 1933 J&J1st consol g 4s 1933 J&JNor Ohio con g 55 1919 _J&J

Northern Texas Electric Co—Coll tr s f g 5s 1940 opt J&J

Northern Texas Traction Co—1st g 58 1933 opt 1913 _J&J

North Hud Co Ry—See PublicNorth Jer St—SeePubServCorpNorthwestern Elevated (Chic)-

1st M 5s 1941 opt M&SUnion El (Loop) 5s g'45_A&O

Norwich St—lot g 5s '23 A&ONorwich & Westerly Traction-

1st & coil g 5s 1932_ M&N Oakland Traction Co-Gen con 5s Jan 18 '35__J&J18Oakl Trac cons 55 1933 _J&J Oak Tran lot con s f 5s'32 J&J Oak Tran 1st con g 5s '31_J&JOak Tr Co con g 6s '18_J&J

Oklahoma Ry-lot & ref g 5s '41 opt '21__J&J

Old Colony St Ry ref 4s '54_J&JNew Bed Middleb & Brockt—

1st g 5s Jan 1 1920____J&JSo Shore & Boo g 5s '19_ F&A

I Omaha & Council Bluffs StRy-1st consol g 5s 1928 J&J

I Omaha & Coun Bluffs Ry & Br 1 lot 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-

lot & ref g 5s 1924 J&J Ottum Tr & L lot 5s '21_A&O Pacific Elec Ry g 5s 1942J&J California Pacific 5s '41_ _J&J

Los Angeles Pacific Co-lot ref g 4s 1950 opt'15_J&JL A-Pac RR con 5s'31 A&O L A Pa RR Cal 5s '43_M&S

I Los Ang & Pas 5s g 1928_J&JIac Pow & Lt—See underGasPaducah T&L col tr g5s'35 Mit NPaterson Ry—See Pub Ser Corp

!Peekskill Lt & RR-53 '30.A&OPenn & Mah Vail—See Mah &Pensacola El Co 1st 5s '31_F&APeople's Trac—See Philo, R TPeoria Bloom & Champ Trac-

lot g guar 5s 1936 M&NPeoria Railway-

lst&ref 53'17 to '26 op guF&APhiladelphia Company—

1st coll trust g 5s 1949 _M&SCons mtg coll tr g bs '51.M&NCony deb g 5s 1919 F&ACony deb g 5s 1922 opt_ M&NArdmore St 5s 1958 A&OCentral Trac lot 5s 1929_J&JCitizens' Trac lot 58 1927A&ODuquesne Trac 1st 5s '30_J&JFed St & P V 5s May 1 '42J&JFt Pitt Trac 1st 5s 1935. J&DGas Cos—See Gas Secur, p 44Millvale Etna & Sharpsb-

1st g 5s 1923 M&NMonong St Ry 5s g 1928.J&DWilk&EPit lot g5s'29 M&S

Mount Washington St Ry-let dr coil tr gu 5s 1933.A&O

Pitts Alleg & M gen 5s'30A&OPitts & Bir Tr 5s g 1929_ M& NB K & A Trac 6s 1931.M&SBrownsv Ave 5s 1926_F&AW Liberty 1st g 55 '30...i&J

Pitts & Charleroi 5s '32_M&NPitts Trac lot 5s 1927__A&OSoTracIst&coll tr g 5s'50A&OThe 28 Ave Tr 53 1934_ _J&DUnited Traction 5s 1997_J&J West End Trac con 5s '38.J&J

Philadelphia Rapid Transit-Coll tr g 58 1957 opt s f__F&A5 f guar g 5s '62 opt '17_M&S

Darby Media & Ches St Ry-lot 434s '36 opt '16 gu_J&J

Market Street Elev Pass Ry—lot gu 49 1955 M&N

Union Traction—Elec & Peo 4s tr ctfs'45A&OHest Man & F 50 1924 M&NPeople's Traction Co-P P Ry tr ctfs 40 '43 F&A

W Phil Pass 2d 53 '28.M&NPhil & W Ches lot 5s 1918.J&JMtge gold 4s 1954 J&T

Pitts Alleg & Man—See PhilaCoPitts & Birm Tr—See Phila CoPitts & Charlerol—See Phila CoP McK&Con—See W Penn RyaPitts McK & Greensb Ry—

Lot g 5s 1931 J&JPitts Trac—See Phila CoPortland (Me) RR—

1st con 334s 1951 op '31_J&J1st 1 & con in 5s 1945__M&N

Portland Ry Lt & Power—Let & ref s f 55 1942 op. F&A5% notes May 1 1917.. M&NPortI'd Ry ref 53 '30 op_ M&NCity & Sub 63 '16 op_ M&SCon g 40 '30 op 15.J&D

Port Gen Elec lot 5s '35_J&J

86RRs—

953104

8989

97

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91

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95

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Thts price includes accrued interest. 1 Last sale. n Nominal. s Sale DriesDigitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

42 STREET AND ELECTRIC RAILWAY SECURITIES. [VOL. 102.

NOTICB.—Ali bond prices are now "and Interest" except where marked "f" and income and defaul

ted bonds.

Bonds. Bid.

Porto Rico Rys, Ltd—lot g 5s Nov 1 1936 op_ MAN 85

Providence Securities (,oDeb g 4s '57 op '17 gu_ _MAN 70

R I Sub 1st g gu 4s '50__J&J 82United TrOzEl let 5s '33 MAS 99%

Public Service Corp of N J—Trust certs 6% perpet__MAN 104

5% notes 1919 M&S 100%

Gen g 5s Oct 1 1959 op _A&O 90%Camden Sub let 5s 1946_J&J 102

Cons Trac let 53 1933 J&D 1019Eliz Plaint & Cent Jer Ry—

let g bs Dec 1 1950_ _JADElizabeth & Trent 5s'62 A&O 93

Gas Cos—See Gas Secur p. 44J C Rob & Pat 4s 1949_M&N 75Newark Pass con 58 '30_ _J&J 1043Newark Term Ry 55 '55_J&D 09AN Hud Co Ry cons bs '28_J&J 102

2d 15s ext to 1924 MAN 99Nor Jer St Ry 4s 1948_ MANOr & Pais Val 1st be '38_JADPaterson Ry—Con(isg'31J&D 1122d Os '14 ext 5% to '44A&O 102

R Tr St Ry let M be g'21A&O 100Riverside Trac 5s 1960_JAD 92So Jersey Gas El & Trac—Guar g 5s Mch 1 1953 MAS 98%

iPueblo A Sub Tr & Ltg-1st e f 5s 1922 Adr0 89

Pueblo Tr & Ltg 55'21 op J&JPuget Sound Tr L dr Pow—Mort Os Feb 1919 P&A 100%Puget Sound Electric Ry—

let consol g 5s '32 op.. P&A 80

Tacoma Ry&P 5s '29 Adz() 85Punt Sound Power Co—ld g gu 5s 1933 opt__ JAD 96

Quebec Ry L H dr Pow—Cons g 58 1939 opt JAD 56

Rapid Ry—See Del United RyRap Tr St Ry—See Pub Ser CorReading Trac Os 1933_ _Read&Wom—lst bs g '25 J&J

Republic Ry & Light-5% notes Dec 1 1918 JAD 98

R I Sub—See Prov Secur CoRichmond (S I) Lt dr RR-

1st coil tr g 4s 1952 J&JRio de Janeiro Tram L & P—

lst g eis 1935_ JA.1 87

Roanoke Tr & L let bs '58..F&A Koch Ry & Lt 58 '54 opt_ __J&J 100%

Tax exempt 100%Roch Ry cons 5s g 1930_A&O 1022d be g 1933 JAI/ 99

Roch Syr & E let bs 1945_ MAN 50Rock Island Southern Ry—

lot g 5s 1947 op aft '13_ _ I Rockford & Inter-Urban Ry—

let g 53 1922 op 1907_ _ _A&ORockford A Freeport let g gu5s 1923 op aft Feb '10 MAN

Rock B & J let g 5s '30guA&ORutland RyL&P lst5s'46 MASSacramento Elec Gas A Ry—Cons 5s Nov 1 1927.._ _ _MAN

Saginaw-Bay City Ry-1st & ref g 5s 1935 M&SSaginaw Val Tr be 1920_ P&A

at Charles St—See N Or Ry & LSt Joseph Ry Lt Heat & Pow-

1st g bs Nov 1 1937_ __MANSt L Cable—See Un Rys (St 14St L Cable&W—See U Rys(StL)St L & Met—See Un Rya (St L)St Louis Springf & Peoria RR—

let & ref gu g bs '39 op_ _J&DSt Louts & Springf 5.9 '33_J&DSpring dr N E Tr bs 1936 JAD 99

St L & Sub—See Un Rys (St L)St L Tran—See Un Rye (St L)St Paul City—See Twin C R TSalisbury & Spencer—See No CaSalt Lake Term 68 1935 J & DSand From A So—See Lake ShElSan Fran Oak & San Jose Con—Con bs May 19 1938....MAN19SFO&SJ By let 5s '33-J&J

2d M g 5s 1933 s f__J&JSantiago (Cuba) Elec L & Tr—

let g 6s 1959 opt '19__J&JSao Paulo Tram L & P. Ltd—

let g bs June 1 1929___ _JAI)Savannah Elec Co 5s g '52_J&JSchenectady Railway Co-

1st M 5s 1946 op 'I9 M&SSchuyik Trac—lst 5s 1943 Adr0Scioto Vail Tr let bs 1923 MASScranton Ry—let Ss Noy'32J&JGen g bs 1920 opt MANAm Rys Tr ctfs—See Am RysScran Trac let Os g '32_ MANScran & Carb Tr let 6s '23J&JScran & Pittston 6s '23_ _A.Sr()

Seattle Elec let g 5s '30 op P&ACon & refg s I bs 1929___F&ASeattle Ry bs 1921 opt MAN

Seattle-Everett Traction—lot M g 58 1939 op '14_ _M&S

Second Ave—See N Y RysSecond Ave Trac—See Philo, Co,Sharon & New Castle Ry— I

1st g 58 guar 1931_ _ ___J&J 97Shreyep Rys—lst 5s '18-'44J&J b 5(%Sioux City Service Co—

lot dr ref s f g bs '28 op.._ _J&J Sioux City Tr let bs 1919 J&J

South Carolina Lt Pow dr Ry—Mist s f g 5s 1937 opt_ _ __MAN 85South Coy & Cin—See On New & CoySou B'vard—See Third Ave RySouth Elec Ry—See United Rys (St L)Southern Light & Traction--

Coll tr g 59 1949 opt__ __MAS 00South Ohio Tr—See Cin Day & TolSouthern Trac—See Philo Co

94

77%94

97

109100

n 60

90

909082

102%

8097%

95

99

r Pub S

4185%

92

1 8771

100%

9698%97

109

1009590

92

Ask. Bonds. Bid Ask. Bonds. Bid. Att.

South Ferry—See N Y Rys United Traction (Albany)—

South Jer CI E & T—See Pub Ser Corp Deb g 43's 1919 MAN 80 91

South Sh & Bost—See Old Colony Con g 43's 2004 JAD 8331 87

75 So Side El 43's 1924 op 'lO..J&J 923 923.' Tax-exempt 8331 87%

83 Southwest Missouri RR- Albany Ry con M 58 g '30 J&J 97 98%

1003j Gen & ref 5s 1931 M&S Gen g 58 1947 JAD 97 98

SW Mo El Ry ref 58 1923_MAS WTurn&RR let g Os '19 MAN 100 101%

105 Spokane & Inland Empire RR 2s g Os 1919 ______ MAN 101 104%

loox let & ref g 5s 1926 opt_ MAN 78 82% Troy City Ry 55 g 1942_A&0 94 96

91 Springf &N E Tr—See St L Springf & Peoria— Unit In (Pittsb)—See Philo, Co

Springfield (Ill) Ry & Lt Co-Unit Tr A El—See Prov Sec Co

1023. Coll tr g 5s 1933 opt___JAD 85 Utah Lt & ay (Salt L City)—

Springfield (Mo) Ry & Lt Co- Cons Ry dr P let 5s '21__J&J 98 100

96 1st s f g be 1926 opt_ _ __MAN 89 93 Utah L & P 4s—See Gas Cos,D. 45.

913' Springfield (Ohio) Ry— Utica & Mohawk Valley Ry-

let m bs 1935 MAS 90 943.' 1st g 43's 1941 975 Steinway Ry—See N Y & Qu Co

Utica Belt L 1st g fis '39 MAN 1059 108

1053 SutterSt—SeeUnitedRRs(SanF) 2d g 5s 1931 JA I 102 105

100 Syracuse Lake Shore Sr Nor—Virginia Ry dr Power-

let M g 5s '47 opt '17_MAN 70 74 let & ref g 5s 1934_ ____ _JA I 9031 Q1

Syrac Rap Tr let g 58 1940.. MAS 99 101 Nort & All Term 5s '29 M&S_ 92

79 2d mtge g 5s 1930 J&J 92 94 Norf & Ports Tr 5s '38__JAD 83 84

Tacoma Ry & P—See Puget Sound Elec Wash Alexandria & Mt Vernon

Tampa Electric Co-let g 5s 1955 opt

8985

103 1st M g 5s 1933 s I op__JAD 99 102 Washington Bait & Aim El—

Tar. W Pi dr Ma—See N Y Rys let M 5s Mch 1941 op MAS 86

95 Taun & Brock 1st g 5s '17F &A Wash Ry & El g 4s 1951_ JAD 8031 81

Terre Haute Indianap & East- Anacost A Pot be 1949_ A&O 9731

993( 1st & ref s f g bs '45 o_A&O 91 Guaranteed 983'

Terre Haute Trac & Light-City A Sub bs g l948.._ FAA 1023' 1033'

91 1st con M g 58 1944.. MAN 973i 100 Metropolitan 1st 5s 1925 FAA 10331

100 Terre Haute E1-5s 29 _J&J 98 __ ._- Washington Water Power Co-

Tex Trac—lst s I g 5s'37opt HO 87 90 Consol & coil tr g 58 1929_J&J 1003' 1013.'

1013' Third Avenue Ely (N Y)— let refg g 5s 1939 op__ __J&J 100 101

let ref g 48 1960 op aft '14 J&J 823' 83 Waterloo Ced Falls & No Ry-

85 Adi Inc g 5s Jan 1960 op_AA01 834 81 let M 8 f g 5s 1940 op '15_J&J 923'

90 Third Av RR let bs g '37_J&J 1063-i 1073' Watervliet Turnpike A RR—See Un Tr (Alb)

Dry Dock E Bway dr Batt'yWestchester Elec—See 3d AYR, v

99 let 5s gold 1932 JA D 96 1003' West Chester' (Pa) St Ry-

Certif indebt 5s '14_ _ _12,1rikI 15 25 let g be Aug 7 1932 FAA 75 86

58 42nd St M & St N let 6s '10,Ext at 5% to 1940__MAS

West End St—See Boston El West End Trac—See Philo Co

Sou Boulev g 5s 1945_ _J&J Western N Y & Pa Trac—

112 28th&29th St5s'96 ctts A&O/ lst A ref g bs 1957 op '12_J&J 83 86

1013' Union Ry 1st 5s g 1942_ _Fdr A 1013.' 103 W Ohio Ry-....1st 58 192E _ MAN

Westchester El let 5s g'43.I&J 00 95 West Liberty St—See Philo Co

99 Yonkers Ry 1st 5s 1946_ Adr0 89 95 West Penn Railways Co—

Thirty-fourth St Crosstown—See N Y Rys. let g 5s Jan 1 1931100

Toledo Bowl Green & SouthernPitts McKees & ConnellsArR

65 let g 53 May 1 1921__MAN ...--- 85 1st cons g 5s Jan 1 '31_ Att.!' 101 1013'

ITol Frem & Nor—See LakeShElWest Penn Tr let 5s 1960_JAD 85 87

90 Tol & Indiana 1st 5s 1931_J&J

Toledo Trac Light & Power-96 98 6% notes 1917 op

W Philo Pass—See M&SPhilo R T 181

1013% 1st lien 6s Feb 1918 op_ _ PAA 1003' 1013' West Virginia Trac A Elec-

10131 Tol & West Ry 1st g 5s '26_J&Jn 58 83 0% notes 1917 JAD 9731 99

104 Topeka Ry-5s '30 op '15_ _J&J 90 98 Whatcoru Co Ry&Lt 58'35MA N AO 93

101 Toronto Ry 43's '16-'21__F&A Wheeling Trac 5s g 193L.. J&J 93 95

62 Trent St Ry—con g 5s '38_ ..J&J 96 Wilkes-Barre A Hazleton RR-

Trent Pass Os Sept30'31 A&O 111 1st coll tr g 5s 1951 MAN 131 35

37 Trent Penn & Hop 59 '43_JAD 90 Wilkes & Wyo Val-5s '21 Adz° 98 100

Tr -City Ry & Light- WIlkInsb & E Pitts—See Phil Co

95 Coll tr el g 5s 1923100 Willapa Elec 6s 1923 J&J 90 95

let & ref g 5s 1930 opt__AJVJ WIlm A Ches Tr g 5s 1918. A&O 06 99

95 Troy City Ry—See Un Tr (Alb) Winnipeg El—let ref 5s '33 itla 895

95 28th & 29th Sts—See 3d Ave Ry 6% notes Jan 15 1918_J&J 15 100 101

87 Twin City Rapid Transit Co—Wisconsin Edison Co—

Minn St R con 5s '19 &WM 101 Cony deb Os 1924 MAN 9531 9631

l'01 St Paul Cy—lst g Os '32_ A&O Wisconsin-Minn Light dr Power —

let cons Os g 1934_ _ _Adr0 let & ref 5s 1944 op '19_ MAN 95 98

Cable con 5s g 1937_ _J&J15 1013.' l023. Worcester A Conn Eastern-

100 Guar g 5s 1937 J&J 1013' 1023' lets f g 43's 1943_ J&J 98

Minn & St P Sub 5s '24MAS 1013' 1023' Wore Con St 43's g 1920.._MAS 983'

Minn St & St Paul City- let A ref g 43's 1930_ _ _F&A 97

97 Cons guar g5s 1928__A&0 1018% 103 Deb g 5s 1927 MAN 100

Underground Elec Ry of London Wore & Clint let g 5s '19_J&J 100

43's Jan 1 1933 J&J 94 Wore A Marlb 1st 5s '17_A&O 1003'

Income 6s Jan 1 1948 84 Wore&Southb let 43's '22 MAS 9731

Union Depot—See United Rye St. Lou Is , Wore A Web let g 5s 1919_JAD 98

Union Elev—See Northw Elea Yonkers Ry—See Third Ave Ry

Union Ry—See Third Ave Ry York Rye—let Mg 5s1937 opJAD 9531 9531

103 Union Ry Gas & Eiec Co Mil— Youngstown A Ohio River-

Col tr g 58 1939 cony op_J&J 89 92 1st M g 5s 1935 opt '15_ A&O 94 9731

Union Trac Co of Indiana- Youngstown A Southern Ry-

1st g be July 1919_ __J&J 95 96 let 'M s f g 5s Oct 1923......A&0

erv Indianan North'n 5s 1932 J&J 77 80 Youngs-Sharon Ry A L—See M ah A S Ry A L

102 Union Utilities 5s 1944 op_J&J Zaneav Ry LAP—See Col New A Zane sville

United Light & Rys- STREET RAILWAY STOCKS

1st & ref g 5s 1932 op__JArD 888„i Par.

43 0% gold notes 1918 opt_ .J&J 1003' 1013' Albany Southern RR com.....100

0% gold notes 1920 opt ..J&J1003' 1013' Preferred 100

71 United Power & Tran—Allegheny Trac—See Philo Co

Del Co & Phi tr ctts48149 J&J 04 68 Amer Cities Co corn 100 12 15

90 United Rys tr ars 45 '49 _J&JUnited II.Rs of San Fran-

74 75 Preferred American Railways Co

10050

54d 3431

54%35

9074

t g 4s April 1 1927_ _ _ _ A&OMarket St con g 5s 1924_ INAS

413'01%

_.4.1_ _X_ Preferred 100Arkansas Val Ry L A P pf_ _100

003185

99%90

Omnibus Cable let 63'18 A&O ..... 94 Augusta-Aiken Ry A EL.. _100

1013' Unit Rys & Elec (Baltimore)- Preferred 100

1st consol g 4s 1949_ __M&S 8331 84 Aurora Elgin A Chicago_ __100 10 i5

98 Incomes g 4s 1949 op '29 JAD/ 613.' 6231 Preferred 100 44 46

100 Inc funding g 5s 1036.. JAD 803' 8631 Bangor Ry A El common 100 4231 48

993.' B C & Ell Mills 5s g gd'18_J&J 109 Preferred 100 114 116

Balt Sparrows Pt & Chas- Bay State St Ry 1st pref 100 100 110

1123' let g gu 43's 1953_ FAA 97 98 Birm Ry Light A Power__ _100 70 00

Balt Trac Co 1st M 5s129 _ M & NNo Balt Div 1st 5s '42J &D

104106

105107

Preferred 10sBleeck St A Ful

Fy_seeNyRy0 85%

101 Cent Ry con M g 5s 1932_ MAN 105 106 Boston Elevated RR 7072A%97 Ext & imp 59 1932._ NUS 105 106 West End Street Ry com_195(9)d 03

100 City & Sub let 5s 1922_J&D 1023.' 10231 Preferred 8% 9 a 89

84

Lake Ro El let 5s '42 MAS 104 Boston Suburban Elec Cos..5 4%

943.' Unit Rys (Phila)—See Unit P & T Preferred 40

United Rys of St Louis— Boston & Worcester Elec Cos b

Gen g 4s July 1 l934.. _J&J 82 Preferred s 44

Cass Av dr F Gds 1st 5s 1912 Brazilian Tr L & P Ltd 100 60 51

100 Ext at 43'% to 1022 J&J 973' 983.' B'way A 7th Ay—See N Y Rya

531% Lindell Ry let g 5s 1911 Brooklyn Rapid Transit_ 100 85 853.'

exten at 43'% to '21 _F&A 98 Brooklyn City RR 19852 18905

Compt HUD&M Ter Os '13 Calif Ry & Pow prior prof _ _10109

Ext at 5% to 1923_ _J&J 1003' Calif St Cable RR (San Fran)100

St Louis Ky (Wway) 51 1910 Camden&Sub—See Pub Set Cot

90 ext at 43'% to 1920_M&N 983' Capital Trac (Wash, D C)__100 z 84% 86%

Southern Elec be 1916__F&A 1003.1 -_ - Carolina Pow A Light, coin.. 30 32

Union Dep con 6s g 1918 _J&D 10231 l02% Cent Arkan Ry&LCorp pret 100 95 09

St L & Sub 1st 5s g 1921 FAA 1003' Cent Crosst—See N Y Rys

Gen g bs Apr 1 1923 gu A&O 78 80 Cent Pk N&E R—See N Y Rys

94 St L & Meram es g'16 _ MAN 10031 1003.' Char Con Ry Gas A Elm Co_50 d

&Louis Trans Co3s1924 A&O 55 Chic City A Conn corn part ctfs_ d 3 33.'

United Rys Investment Co- Pref panic etre) d 16 17

1st lien coil tr s f g be '26 MAN 703' 713' Chicago City Ry 100 105 115

* Assessment paid. a Purchaser also pays accrued dividend. d Price per share, not per cent. /This price includes accrued int. k Last sale •

n Nnminal. s Sale price. s Ex-dividend. u Ex-rights. Min.—Minimum price on Montreal or Toronto Stock Exchanges.Digitized for FRASER

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

APR., 19164 STREET RAILWAYS-MISCELLANEOUS SECURMES 43Stocks. Par.

Chicago Elevated Rys cons Preferred

Chicago Rys partic ctfs ser 1.... Series2 Series 3 Series 4

Chris & 10th Sts—See N Y RysCin Dayton & Tol Tr corn.. 100Cincinnati & Hamilton 100

Preferred 100an New et 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........100Cleve Southw & Col Ry 100

Preferred 100Columbia (SC) Ry Gas & El 100

Preferred 100Columbus Ry Pow & L corn.. .. —

Preferred A Preferred B

Com'Ith Pow Ry & L corn. 100Preferred._ 100

Coney Island & Bklyn RR. ..100Conn Ry dr Lighting 100

Preferred 100Cons Trac of N J—See Pub S CCoutin Pass—See Phila R TCumb'I'd Co (Me) P & Lt..-100

Preferred 100Dallas Elec Co common__ 100

1st preferred 100231 preferred 100

Dayton & Western common_ 100Preferred 100

Deaver & Northwestern Ry.. 100Detroit United Ry 100Duluth-Superior Trac Co......100

Preferred 100Duquesne Light—See Piffle Co..Eastern Penn Rys corn_ _ _ _ _100East Read'g El—See R'd'g TracEast St Louis & Suburban..- 100

Preferred 100Eighth Ave—See N Y RysElmira W L&RRIst pf v t c_100El Paso Elec Co common. 100

Preferred.. 100Fairm't Pk&flad—See Phila RTFairmount Park Transport'n 50Federal Light & Trac corn... 100

Preferred 100Ft Wayne & Nor Ind Trac_100

Preferred 100Galveston-Houston El Co... .100

Preferred 100Georgia Ry dr El Co stmpd_100

Preferred 100Georgia Ry & Power corn..... 100

First preferred 100Second preferred 100Grand Rapids Ry preferred.. 100Havana Elec Lt & Power... 100Preferred 100

Holyoke Street Ry 100Houghton County Tr corn 100

Preferred 100Illinois Traction common.... 100

Preferred 100Indianap & Southeast Tr pf_ 100Indianapolis St Ely Co 100Indiana Rye & Lt common._100

Preferred 100Indiana Union Traction.......100Interboro Consol Corp v t c-- 1

Preferred 100International Trac (Buffalo) 1004 % preferred 1007% preferred

Inter-State Rye preferred.... 10Jacksonville Tractiou corn _ _100

Preferred 100

Bid. Ask. Stocks. Par, Bid. Ask. Stocks. Par. Bid. Ask.

30

15%3

z 81x 68 %d 51

133133108%

805599736285%906870

54952080

3388%:3060

4

1448

103130

1247

1253'87%1685266096%105%1005085

99%44%100

16%)723987859%

206080163%

5 65 90

857352

109%,

9066101766386%10070

57982.583

58

38894070

10

1550

106133

k%1449

51 82%

12133 ,901787286590%;106%105

90619185100%51%104

16%7342%

8810%

4050

Jersey Central Traction_ 100Kansas City Ely & Lt cons...100Preferred 100Kentucky Securities Corp_ 100Preferred 100

Lake Shore Eiec common.. 100 First preferred 100 Second preferred 100 Lancaster Co(Pa)Ry&Lt pref 50d

Lehigh Valley Transit corn__ 50dPreferred 50d

Little Rock Ry & Elec 100Preferred 100

Louisville Traction Co 100Preferred 100

Manhat Elev Ry (N Y) 100 Mass Electric Companies_ _100

Preferred, stamped_ _100Memphis Street Ry corn _100

Preferred 100 Mexico Tramway 100 ! Milw Eiec Ry dr Lt pref.._ ...100 Monongahela Val Tr corn__ _100

Preferred 100 !Montreal Tramways corn..... 1001 Montreal Tram dz Pow Nashville Ry & Light pref. 1001National Properties corn... -.100

_Preferred _103New Bedford & Onset

Ry- __100'

New Eng Inv & Sec prof gu.. 100; New On Rys & Light Co___100Preferred_____

New York Railwais__ _100,Bieecker St & Fult'n _100Bway & 7th Ave guar.. _100Central Crosstown 7%....100, Christopher az Tenth Sts_100'Eighth Ave 10..42d St & Grand St Ferry

103

Ninth Ave guar 6% _ 100Second Ave_ 100 Sixth Ave 100Twenty-third St guar_ __ .100

N Y State Rys common 100i,Preferred

5'dNorfolk Railway & Light..... 25dNorthampton (Mass) St Ry_100'Northern Ohio Tr & Light 100

Preferred _10GNorth Texas Elec Co com _ _ 100,Preferred

Ohio Traction—Common__ _11°03Preferred. _ _ _ 100 Omaha & Council Bluffs.._ _100,

Preferred 100Ottumwa(la)Ry & Lt pref... l00Paducah 'Tr & Light corn.... 100

Preferred 0 Pensacola Elec Co, corn _11001)

Preferred Phila Co (Pittsburgh)

100

5? non-cum preferred 55004d6 0 cum preferred A legheny Traction

504x50d

Citizens Traction 504Duquesne Light pref_ _10GFederal St & Pleasant Val_ 25dPittsburgh & B'harn Tr..., 50'dUnited Traction preferred 50z1

Phila Rap Tran Vet Tr Ctfs 50'dCitizens' Passenger guar.._ 504Continen Pass Ity ($29 pd) 504Fairm't Pk & Hadding'n 50;dFrankf'd & Southwark Pass 50dGermantown Passenger 504Green & Coates Sts ($15 pd)50'dHestonville M & F corn 5GdPreferred Phila. Cy Pass Ry($23( pd)5500Phil & Gray's Fy ($25 pd) 504Philadelphia Traction.... 50,dRidge Ave Pass ($28 paid) 50d 2d & 3(1 Sts Ry guar

013th &15th Sts Pass Ry 550dUnion Pass (830 5-6 pd).... 50dUnion Traction ($17% pd)_50dWest Phila Pass guar. 501'1

n22% 2357323.69%

4622%43968665%100% 127735

60

1036075

70377038

2768 A2218

160

1102 22705

125

11022063

826385723%99 A63

82

4567% 8952012

, 70

3348%42%2052%107%1825_

183/i2701155834010311840

d 8d 1456 7677230

d 23523355175433%185

26592675

472343%

66 %

1308

38

658022040

41823

40752525170

130

260160

1202607286279073%1006585156050

92

7543343943%

55108321

2019

275120603501041224560150787824024024018243%192

Pitts!) & Birm—See Piffle CoPortland (Ore) Ry Lt & Pow-New stock (75% paid)___100

Porto Rico Rys Ltd 100 Preferred 100 Providence Securities Co— (fatted Trac & Electric.. ....100

Public Service Corp of N J__100Camden & Sub ($5 paid)__ 25Consolidated Trac of N J_100Elizabeth & Trent corn___ 50

Preferred 50 Rapid Transit St Ry Co. .100

So Jersey Gas Elec & Trac 100Puget Sound Tr Lt & Pow...100

Preferred 100Quebec Ry Lt Heat & Pow._100Railways Company General.. 10 Reading Traction 50 City Passenger Ry 50 East ReAding Electric Ity_ 50 Reading Transit & Lt, pref. .50Republic Ry & Lt corn____100Preferred 100Richmond Light & RR 100 Roch Ry & Light preferred_..100 Rutland Ry Lt & Pow____ _ _100

St Jos R.y Lt Flt & PowPref _100San Fr-Oak Term Rys pf A 100 Savannah Electric Co.. 100

Preferred 100Scioto Valley Trac corn.... .100

First preferred 100Preferred 100

So Jer Gas El & Tr—See PubliSouthwest Missouri RR_ 100 Spokane & Inl Ernp-Cap elk 100 Preferred ctfs_ 100 Springfield (Nio.) ay. dz L. prefTampa Elec Co__ 100Tennessee Ry L & P coos ....100

Preferred 100Terre Haute Ind & East...... 100

Preferred 100Terre Haute Tr de Lt pref_ _ _ 100Third Ave Ry (N Y) 100Toledo Bowling Green & So.. 100 Toledo Rys & Light Co 100 Toledo Trac. L & P corn....100

Preferred_ _ 100Toronto Railway 100Tr -City Ry & Light Co__ _100

Preferred 10023d Street—See N Y RailwaysTwin City Rapid Transit..... 100

Preferred 100 UnionStRy(New Bed,Mass) 100

Union Trac of Ind com____ .100First preferred 100Second preferred 100

United Light & Rye cons 100First preferred 100Second preferred 100 United Railways of St Louis— Common vot trust ctfs_ ..100Preferred 100

United Rys & Elec(Balt) corn 50 United Rys Investment Co_100Preferred 100

United Trac & Elec—See ProvVirginia Ry & Power corn _100

Preferred 100Wash Ball & Annap common_50 Preferred 50d

Wash Ry & El common__ 100Preferred 100

Wash-Virginia Ry, pref 100 Washington Water Power Co100Western Ohio RR ctfs 100 West Penn Rys preferred. ...100West Penn Traction pref___ 100West Penn Tr & Wat Pow._100Preferred 100

Winnipeg Electric Ry 100Wisconsin Edison common. _100Wisconsin-Minn L dr P. p1.100York (Pa Rye common...... 50Preferred 50

15

x 90%116

d 1970%

d 5072225125206419

d 115d 70d 85

28z 70

8515

z 68

22129980

c Servic

951381251522%9961

22461046093

94

162% 4%37349%5575%

517%

1429

Sec Co

100d

3083%81%

75

75

10242100

d 10%d 36

194660

931182071%

1282367193i

k 5k 27%120

9029%73

86%2570

72515

10285

e Corp

100143123452830

6134

1078595

96

843155877

5%

281530

501025%

8782

85

75801959110451031136%

a Purchaser also pays accrued dividend d Pr ce per share, not pr cent. k Last sale. n Nominal. a Sale price. g Stamped stock. to Newstock. s Ex-dividend. y Ex-rights min. Minimum price on Montreal and Toronto stock exchanges. 1 No par value.

MISCELLANEOUS SECURITIES.Quotations marked "f" indicate that accrued 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 price 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.

COAL, IRON & STgEL BONDS.Ala Steel & Shipbldg—See Tenn C I & RR.Beech Creek C & C 58 '44__J&D 92 94Bethlehem Steel Corporation—

Beth St 1st ex g 5s '26 gu.J&J 1033-iBeth St pun rn 6s Aug '98.Q-F 12034Beth St let I & ref 59'42_M&N 101

Bon Air Coal 2r1 ser Cis '28.__J&J 85Buffalo Iron 5s 1925._ _ A&O 80BuffalodzSusq Iron fis 1932J&D 963-iDeb g 5sJau '26 op '10__M&S 93 iClearfield Bit Coal 4s 1910_J&J 70 I

Col Fuel & Iron s f 5s 1943_ Slut 9434 96Col Fuel gen g 63 1919_ _M&N 100Gr'd RivC&C 6s July'19.A&O Colorado Industrial-1st g gu 5s ser A&B '34opF&A 7434 7534Cons Ind Coal Ss '35 gu opt.J&D 18Consol Coal 434s 1931 opt _ M& N 93 I 941st & ref s f g 5s 1950_ __J&D 93Cons' 6% g '23 op aft '16.P&A 103% 104Contiuen Coal 5s152op'06._RItA f 20 45Domin Coal 5s '40 op '10._ M&NI 94 96Dominion Iron & St fis 1929..J&J 85

Bonds. Bid Ask

104%121101%9588

94%

Eastern Steel Ist5s'31op'16F&A 9234 945iFairmont Coal 5s 1931 J&J 98 9834Grand River Coal & Coke—See ColFue l& IronHock Val Products 5s '61 oP.J&J Illinois Steel—Deb 4 34s'40. A&O 91 91%Indiana Steel 1st 5s 1962_ _ M&N 102 103Inland Steel 1st 6s 1916-28_ A&O b 53-(% 5%Ext&ref 6.9 '42 op'16 serA.J&J 10334 104Jeff & Clear C&I let 5s '26_J&D 1012,1 gold 5s 1926 J&D 93Indiana Co let s f 5s '50.._J&J 92Jones & Laughlin St 53'39.. M&N 103 104Kanawha dr Hocking C & C Colet g gu s f 5s '51 op '06_ _J&J f La Belle Iron Wks 6s 1923_J&D 105 1061st & ref 5s 1910 J&D 98% 993%Lackaw St 5s '23 op to '06 .A&O 100 1003-41st 5s 1950 op after 1915.M&S 933% 9434Eq 5s 1916-26 M&S15 10034 102Latrobe-Connellsville C & C—lot s f g 681931 opt J&D 100Lehigh Coal de Nav—Gen M g 4 May 1924__Q-F 102 1023(Funding 4s g July 1 1948_J&J 96 98

Bonds.

Lehigh Coal & Nay (Cocci.)—Col tr power 434s '21 op_J&DColl trg 434s 1930 op___M&NCon s f g 434s 1954 J.Sr.1

Leh & W-Barre Coal—See CentMaryland Steel 1st .5s 1922.P&AMexican C & C 5s 1926 op_M&SMidvale Steel & Ordnance—Cony s f 5s 1936 M&S

Motion Coal—See Chic Ind & LMonon Riv Con C&C68'49 A&ONational Tube let 5s 1952 M&NN V& Wilkes-B Coal 68 '33.Mdz NO'Gara Coal5s 55 op aft'08.M&SPennsylv C & C 1st 58 '32 opJ&JPennsyiv Steel let 5s 1917.M&NPa& Md Steel con g 6.3'25.M&SSpan-Amer Iron 6s 1927_J&J

Pitts-Buff sr 58'29 op aft'12.F& APitts Coal deb 5s July 1931M&SPittsburgh-Westmoreland Coal-

1st s f g 5s 1947 opt _ _ M&NPitts & Westm C5i3'25op.M& N

Pitts WII & L E Coal 4s '31_J&J

Bid. Ask.

10034 101%100 102102% 1.03

RR of NJ p 34100 102

20

9834 98%Ry p 35114 11634101% 101%

n 25 4097% 99100 102105% 106102% 10387 97%4

n 65 75n 92 95f 18 28Basis. f This price includes accrued interest. k Last sale. n Nominal. 8 Sale price.Digitized for FRASER

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

44 MISCELLANEOUS SECURITIES. WoL. 102

NOTICE.—All bond prices are now "and interest" except where marked "f" an

d Income and defaulted bonds.

Bonds. Bid. Ask. Bonds. Bid. I Ask. Bonds. Bid. Ask

Pleasant Vail Coal 5s 1928_J&J 84 3onsumers' Power Co (Mich)-Minneapolis Gas Light-

Pocahontas Consol'd Collieries-1st & ref g 5s 1936 op '16_J&J 983-s 100 lst gen 5s Feb '30 op '14 M&S 99% 100%

1st gold 55 1957 opt J&J 89% 90 Consumers' Power (Minn)-Minn Gen El 1st 5s '34 op_ _J&D 1023 103

Republic Ir & Steel Ss '40_A&O 99 99 3-i 1st & ref 58 1929 op '14_M&N 103% 105 6% notes June 1917____J&D 100% 1014

Roch & Pitts C&I 5s 1946_M&N98 6% notes May 1917_ _ _ M&N 1004 100% Mississippi Riv Pow 5s '51_J&J 78% 80

1st s f g 4%5 1932 opt___F&A 93 Continental Gas & Electric-Mississippi Valley Gas & Elec-

Rocky Mtn Fuel 5s 1941_ _A&O 713, 73 1st lten coil tr 55 1927__M&N 92 94 Coll tr 5s May 1922 opt_M&N 86 88

Rogers-Brown Iron 58 '17-40J&J90 100 Cumberland Co Pow & L—See S t& E

l R y, p. 40 Missouri Edison El 5s '27_ F&A 100% 101

St L Rocky Mt & P 53'55 stpJ&J85 874 Dallas Gas 1st g 58 1925 opM&N

92 95 Mo El Lt 6s May 1921Q-M 1014

Sloss Iron & Steel lst6s'20_F&A101 103 Dayton Ltg 1st 55 '37 op'12M&S 963-i 974 Mobile Elec 58 '46 op '10_M&N 90 92k5

Consol 4%s 1918 A&O 97 Day El L 1st 5s'21op'06 M&S 99 Monongahela L&P 5$ '49__J&D 97% 993%

Steel Co of Can 68 1940____J&J92 93 Dayton(0)Gas 5s '30 op'15M&S Montana Power-

Sun Cr Co col tr s f g 5s '44_J&Jf 15 Dayton Pow & L 1st 5s '41_ J&D 90% 92 1st &ref s f 5.3 1943op'18_J&J 96% 963/3

Temple Coal s. f. 55 1924_J&J101 Defiance (0) G&E 58 1942M&S 90 94 Montreal Lt, Ht & Power Co-

Tenn C I & RR gen 5s '51__J&J101 1024 Deny Gas & El 1st g 5s '49 M&N 97 100 lst&col tr g 430'32 op'12 J&J

91 92

Birm Div 1st cons 68 '17_J&J 1013' 101% 1st & ref 5s 1951 M&N 89 93 Gold 55 1933 op 1913___A&O 94 973

Tenn Div 1st 6s Jan '17_A&O 101% Coll tr gu 6% notes 1917 A&O 102 103 Muncie El L 1st 5s'32 op '12J&J 97% 99

Ala Steel&Shipbdg 68'30_J&J 105 110 Detroit C Gas 5% g M '23J&J 1014 102 Municipal Gas & Elec, Roch-

Cahaba C M Co 1st 6s'22 J&D 105 106 Prior lien 55 1923 J&J 1013 1023,5 1st M g 4%s 1942 op '12_A&O 91 94

Union Steel Co 1st 55'52gu.J&D 105% 106% Gen g 55 1916 to 1917 op_J&J Municipal Service Co— .

United States Steel Corp—Col tr s f 58 Apr '51 op '11.Var 113 114

Det Gas con 1st g 55 '18_ F&ADet & Sub Gas 1st 5s '28J&D

99% 95 97%

S f col tr g 55Mar'32op'15M&S

Muskogee(Okla) Gas & Elec-92 943-i

Col tr s f 5sApr'51 not op.Var 113 114 Detroit Edison 1st g 55 '33_J&J 103% 1st & ref 5s 1926 op '00 .J&D 95 97

Col s f 2d 5s Apr'63op'13M&N 1043/i 1044 Cony deb Os 1924 F&A Nassau Lt & Pow 1st 5s '27 A&O1604 _

-974

Vendetta Coal 1st 6s '30 op_J&J 97M Cony deb 6s 1925_ _J&J '15 126 Nassau & Surf Ltg 5s '45_ _ F&A 95%

Victor-Amer Fuel 1st 6s '40F&A70 90 1st & ref 5s July 1 '40 M&S 1004 1013I National Light, Heat & Power—

Victor Fuel 1st s f g 55 1953_J&J 75 Duluth Ed El 1st 5s '31 op_M&S 97 Coll trust 5s 1919 Ser BJ&J

Va Ir Coal & Coke 5s 1949_M&S88 90 East Pa Pow 55 '39 op'14_A&O 98 Coll trust 55 1920 Ser C _J&D

WebsterC&C 1st g 55'42op_M&S94 97 Eastern P & L 5s 19 18 __ _M&S 97 98 Cent Ind Ltg 55 1927___M&N 65 75

West Kentucky Coal 5s '35J&.1 East Ohio Gas 1st 5s 1939__J&J 99 101 CityG&E(Paris,I11)58'35 A&O 35 95

ELECTRIC LIGHT, GASEast Pa G & El 1st 5s '42_J&D 85 90 Jerseyville Ill 5s, 1935._ F&A

75 85

AND POWER BONDS.East St Louis (Ills) Lt & Pow-

Nevada-Cal Pow 6s 1927_A&0100 101

Adirondack Elec Power Corp-1st 5s 1940 J&D 98 99 Newark Gas 6s Apr 1 1944_Q-J

121 123

1st M gold 55 1962 opt___J&J 98 100 Economy Lt & Pow (Joliet,Newark Cons Gas con 5s '48J& D 104% 105%

Alabama Power-1st M s g 5s 1956 J&D 97 100 New London G&E 55 '27_ _A&O 101 104

1st M 5s 1946 opt 1921_ _ M&S 954 97 Edison Elec Co (Lancaster)-2d M 5s 1929 A&O 99 102

Amer Gas cony 68 1917 _ __M&N100% 1013-s Refund 5s 1943 F&A 100 101 Consol & refg 55 1933 J&J 98

Cony colt tr g 55 1920_ _ _J&D Edison Elec Co of Los Angeles-

New Milford Pow 1st 58'32 F&A 99% 101

Non-cony coll tr g 55 '20_J&D 98 1st & ref g 55 1922 op'07 M&S 99 101 N Y Gas Elec L & P Co-

Deb 6s 2016 J&J 100 101 Edison Elec Lf ctfs g 58'46_ A&O 104 105 1st g 55 Dec 1 1948 J&D 105 105%

Am Gas & Elec coil 5s 2007.F&A93 93% Edison Lt & Pow (S F) 68'21Q-F 105X Pur mon col tr 45 1949_ _ F&A 863% 86%

Am Pow & Lt 6% notes'21.F& A99 99X Electrical Securities Corp—

Ed El Ill, NY, con g 5s'95J&J 1084 110

Am Pub Util 6% notes '18M&S 100 Coll tr g s 5s 1935 opt _ _ F&A 98 99 Central Un Gas 5s g 1927J&J101

Amer W W & El 5s 1934_ _A&O 74 76 Empire Gas & Elec and EmpireEquitable Gas 5s 1932_ _ _M&S 102

Appalachian Pow 55 1941_J&D73 Coke it lst&ref 59'41 op M&S 96 New Amster Gas 5s 1948_J&J 101 1023

Arizona Pow 6s '33 op '13_M&N 80 85 Enid(Ok)El&G lst6s'20op M&N96 99 NY&ER Gas 1st g 55 '44_J&J 101

8% notes 1919 J&J 98 100 Equit Gas(Memphis)—SeeMem Cons G & E Con 5s 1945 J&J 99-823:11

Arkansas Light & Power-Equit G & E Utica 58 1942 A&O NY&Westch Ltg 4s 2004_J&J 8131

1st M s f 68 1945 A&O 97 100 Equit Ill Gas, Phi* 5s g'28 J&J 106 1063/8 Deb g 5s 1954 op guar_J&J 97 101

Asheville (N C) Pow & Light-Erie Ltg 55 1942 op 17_ A&O 93 95 North Un Gas 5$ 1927_M&N 100

1st s f g 5s 1942 opt A&O 94 97 Evansv G&E L 5s'32op'12 J&D Standard G L 55 1930 M&N 101

Atlanta Gas Lt 5s g 1947_ _J&D 103 Excelsior Springs Wat, Gas & ElN Y & Queens Elec Lt & Pow-

Atlantic City (N J) Gas—1st M Os 1932 op J&D 97 100 1st cons g 5s Aug 1 1930_ F&A loox 101

lst g 5s Jan 1 '60 opt' 20_J&J 72 75 Ft Worth Pow & L 5s '31_F&A 97 100 NY&QueensGas 1st 58 '34 F&A 94

Bait Elec 1st g 55 '47 gu_ J&D 100 100X Gas&El of Bergen Co 58'49 J&D 102 N Y & Rich Gas 5s 1921_ _M&N 92_ _ _

96

Bangor (Me) Power-Gen 5s Nov 1 1954 M&N 98 N Y & Suburban Gas—See West chest er Light'g

1st M 4-4%--5s 1931 opt M&S

Bay Counties Pow 5s '30__M&S 102% General Elec 3%s 1942 op_F&A

Deb g 5s 1952 op M&S833%1043/8

833/8105

Niagara Falls Pow 5$ 1932_J&J

Refg & gen 6s Jan 1932_A&O1016/s 107

Binghamton Gas 58 1938_ _A&O99 101 General G & El 1st 5s '32 J&J 77 81 Niagara L II & P 1st 55 '22 M&N

78

Blackstone Val G&E 58 '39_J&J 100 102 Gr Rap Edison 55 g 1916_M&N 100 moyi cous refg g 5s '25 opt_M&N 68

Boston El L 1st con 55 '24_M&S 103 1043 Grand Rap G L 5s 1939_F& A 993% 1005/8 Niagara Lockport & Out Pow-

Bridgeport Gas Lt 4s 1952_J&J 94 96 Gt Falls Pow 1st 5s '40 op M&N100 1004 1st s f g 5s '54 tax-exempM&N 92 93

Bronx G&E 5s'60 op aft'20_J&J 98 100 Great Northern Power-North Carolina Elec Power—

,•

Bklyn Bora Gas 5s 1945 op_ JSr D 93 1st Mg 5s 1935 op F&A 85 86% 1st s f g 5s Oct '40 op '16 A&01

BklynUnGasIst con5s g'45M&N

Buffalo City Gas g 58 1947_A&O

Buff Gen Elec 1st 5s 1939_ F&A1st ref 53 April 1 1939_ _J&J

106%f 22101% 100

10724

101

Great West Pow 5s 1946 op _J&J

Cony deb Os 1925 M&N

Harrisburg (Pa) Light & Power-

1st & ref g 55 1952 opt .._F&A

854973/8

9931

8699

100

North Cal Pow 5s 1932J&D

R & cons s f 5$ '48 op '15 J&D

Nor Canada Pow Os 1928__J&J

Northern Mississippi Riv Pow-

083/8 763/8 96 973/8

Buff & Niag Falls El L & Pow-Harwood El 5s '39 op'14J&J 1023/8 1st M 5s, 1938, guar_ J&D 99

1st g 5s 1942 F&A 963 1st & ref s f g Os '42 op_M&S 10231 1023/8 Northern States Power Co—

Burl'ton (Vt) G L 5s 1955J&J92 95 HoughtonCo(Mich) El Light-

Coll lien6%notes gu'l7opJ&D 1013/8 1013/8

Butte El&P lstsf 58'16-'51 J&D 993 101 1st g 55 Jan 1 1927 opt_ _ _J&J95 97 North Idaho & Montana Pow-

California Electric Generating-Houston L & Pow 5s 1931 A&O

994 100 1st s f g Os 1949 op '14___F&A51 55

1st s f g 5s '48 opt aft'12M&S 86% Hudson Co Gas 5s g 1949_M&N103 10331 North Ont L& P 6s Apr '3

1_J&J 81 80

California Gas & Elec Corp—Hud Riv G&EI 1st 55 '29_M&N

Nor Westch Ltg 5s 1955_ _J&D

Sink fund g 5s 1933 opt_M&S 102 Illinois Northern Utilities Co-North Hudson Lt, II & P

Co

Unif&ref g 55 '37 op s f_M&N 99 99M 1st & ref g 5s 1957 opt_ _A&O87 88 (Hoboken, N J) 58 1938_A&O 101

Cal Cent Gas & El 5s'31_F&A 1023 Indiana Ltg 45 1958 op_ __ _F&A80 83 North Shore Electric Co—

Canadian L & P 5s'49 op'14 J&J 60 Ind & Mich El 5s 1957 opt_ F&A

98 100 lst g 55 1922 op 1912___A&O9831 100

Canton (0) El 5s'37 op '12M&N 96 98% Indiana Nat Gas & 0—See Peop lee G L& Coke 1st & ref g 5s '40 op '20_ A&O 983 100

Cent Ga Pow—See St & El, p 40Indianapolis Gas 5s 1952_ _A&O 95 North Shore Gas Co of Illinois—

CentralIlisLightlst5s 1943_A&O94 97 Indlanap L & H 5s 1940A&O

96 96 1st g 55 1937 opt P&A 92 95

CentMainePow 58'39op'19NI&N 953 983 Interstate Elec Corp 6s 1933 M&S95 97 Northwest Gas L&Coke (Chic)

Cent N Y G & E— 55 41.. J&JTracy Devel. 6s 1944_ _ _ A &O

Cent States El 5 %gnotes'22J&D

Cicero Gas—See Northwest Gas

969892%

Light &

10293%

Coke

Jackson(Mich)Gas 5s g '37 AJi.,0

Jacksonv(Fia)Gas s f 5s '42 J&D

Kankakee(III)G&E 5s '30_M&S

Kans City(Mo)Gas 55 '22_A&0

98

9388

10095

90

Cons g 5s Dec 1 1928_Q-M

5% gold notes 1917 opt_ M&S

Cicero Gasg.en&ref 55 '32 J&J

Norwich(Ct)Gas&E g 5s'27 J&J

993/8100%983/8100

1003/81003g993i103

Cin Edison Elec-5s I917J &D 999's Kansas G&E 1st 5s '22 op_ M&S98 100 Ogden Gas 5s 1945 .M&N 963/3 97

Cincinnati Gas Transportation-Kansas Natural Gas 13s '16M&N

90 Oklahoma Gas & Electric —

1st 53 1933 guar op '13J&J 94 98 2d M Os 1918 J&J 52% 1st M g 5s '29 op aft '1,-.•_A&O 96 99

Double guarantee 97 Kings Co E L & P 1st 5s '37A&O104 10435 OklahomaNat Gas Ser Os . M&S 100

Cities Service—Purch money Os g 1997_A&O 116% 1173/8 Old Colony Gas 1st 5s 1931 J&D

98 100

Cony 7% notes May15'18J&J 100X 1013,5 Cony deb 6s 1922 M&S 125 Omaha EL&P 53 '33 op '08_J&J96

Citizens' Gas (Indianapolis)-Cony deb Os 1925 M&S 126 130 Omaha Gas 1st con g 5s '17 F&A

93 96

1st & ref g 58 1942 J&J 953 Edison El HI Bklyn 4s'39 J&J 88 Ontario Pow 5s '43 op to '13P&A 94 96

Citizens L,II&P(Johnstown,Pa) Kings Co Gas&Ill 1st 5s '40A&O90 95 Deb g 6s 1021 opt 1910_ _J&J 95 09

lst g 58 1934 opt 1914__M&N 98 Knoxv Gas 1st 5s'33 op'13 A&O90 93 Ontario Transmission Co, Ltd

-

City Elec San Fran 5s 1937_J&JClev El III 1st 5s '39 op'24_A&O

89101

9941023,5

Laclede Gas g 5s May 1919_Q-F

Ref & ext g 5s 1934 A&O101%101%

1021023/8

1st gu g 5s '45 op bef'16_M&N

Oro Elec Corp 1st Os '51 op A&O 883/8

CoastCos L&P 1st 5s'46op F&A 92X 95 Lacomb El Co 1st M 5s'21 M&N97% 99 Ottawa Elee 1st g 5s 1933 J&D 97q

Colorado Power- 1st 5s 1953M&N 92 933-i Lansing Fuel & Gas 5s '21_ A&O 95 973/8 Pacific Coast Power-

Colorado Spgs Lt, fit & Pow- LlncolnG& EL 1st 5s 1941 J&D80 1st M g 55 1940 op 1915_M&S 973/8 100

1st & ref g 5s 1920 op '17 F&AColo Spgs El 5s 1920_A&020

9496

97 Little Rock G & F 6s '37__M&N

Los Angeles Gas & El Corp-95 Pacific Gas & El ref 5$ '42_J&J

Pacific Gas Imp 4s Sept '30 Q-M9235S”i

933/890%

Colo Spgs L & P 5s 1919_ A&O

Columbia G & E 1st 55 '27_J&J9781 82

1st & ref g 5s 1939 optM&SLos Ang G & E 5s '34_ _ _ _J&J

97% 1013-i

Pacific Light Sr Power Corp-1st & ref s f g 5s 1951 op_M&S 88 90

Deb. 58 1927 J.v.J 59 02 Los Ang Ltg 5s Apr11'24 A&O 100 Pa,c L & P Co 1st 5s '42-..J&J 9331 -- ---

Columbus(0)Gas 1st 55 g'32J&J 96 100 Louisville Gas & Electric-Guaranteed 96

Columbus (Ga) Pow 5s136_ A&OCommonwealth-Edison Co-

90 93 1st & ref g 6s '18 op '14___J&J

6% notes Apr 1918. _A&0100X 100% 101

Pacific Pow tic L 1st 5s '30_ F& A

Parr Shoals Pow 5s 1952_ _ A&O9386

953/890

1st g 5s June 1 1943_ _ _ _M&S 1023-' 102,4 Louisville Ltg 5s '53 stpd_A&O 97 993/8 Paterson & Passaic Gas & Elec

Com'wealth El 5s J'ne '43_ M&SCommonwealth Power (Mich)-

102 1024 Unstamped Luzerne Co (Pa) Gas & Elec-

97 99 Consol g 55 1949__ ___ M&S

Pawtucket Gas 4s 1032 ..M&N1013/8873

1023/890

1st g 5s Dec 1 1924 J&DConnecticut Power 5s '63_A&O

9996

10198

1st ref&imp g 5s'48op'13 A&O

Lykens Val L & P 1945_ M&S96%95

9898

Penn Public Serv 58 1962_F&A

Penn Wat & Pow s f 5s '40...I&J933492

903/8

1st & coil tr 5s 1956_ _ _ _J&J 97 Madison(Wis)G&E g 68'26 A&O 104 106 Pennsylvania Ltg 5$ 1940_ _J&J 96 98

Conn Riv Pow 1st 58 1937_J&D 95 98 MadRivPowlst5s'35gu op_ F&A 100 101 People's G L & Coke, Chicago-

Consol Gas of Bait 55 1939_J&J 1063 107 Mfrs Light & Heat (Pittsb)-1st con g 63 1943 ___ A&O 115

Gen g 4%s Apr 1954_ A&OConsol Gas Elec L & P (Bait)—

93 93% Mort & colt tr g Os '16-'20A&O

Mass Cos coil tr 5s 1937_ _ J&D_ 102100 Refunding gold 5s 1947_M&S

Chic G L & C 1st 5s '37_ _J&J1013%101

1013%

Gen g 43-is Feb 14 1935_ _J&J 88 883% Massachusetts Gas 43-s'29_J&.1 963 97 Consum Gas 1st g 55'36 J&D 101

Consol Gas NJ 55g 1936_ _ _J&J 101 103 Deb g 4s Dec l931. J&J 94 9431 Ind Nat G&O g 5$'3"115111NN

87

1st ref 5s 1965 A&O 953-s 97% Merch Ht & Lt (Indianapolis)—Mutual Fuel Gas g 5s '47 11, 10805X

Consolidated Gas (N Y)—Ref g 53 Oct 1 1922 optA&O 97% 99 Peoria Light—Coll trg 55'36 J&J

Cony deb 6s 1920 .Q-FUnderlying cos—See NYGEI

Consol Gas (Pitts) 5s 1948F &AConsol Ltg Co(Vt) 1st 5s'26 J&JConsum L H & P Co (Eliz, N J)55 1938 J&T)

1214H & P.

3095

102

122%

3597

Mexican El L 1st M g 5s '35 J&JMex Lt & Pow 1st 5s'33 sf F&AMich City G&E 5s '37 op'10.1JaMichigan Nor Pow 1st 53'41J&JMiddle West U63 Jan 1 '25A&0

Milwaukee G L 1st 4s '27_ M&N

35409490963-i924

455097929893

Peoria G&E 5s '23 op '08J&.1

Phila Co—See under St & Elec El

Phila Elec Tr ctfs 4s Oct '40 J&J50 g tr ctfs April 1 1948_A&O

Philadelphia Suburban Gas & Eltat M & ref g 513'60 op'15.P&A

100y Secur

84103

083/8

101Ines

8431105

99

b Basis. f This price includes accrued interest. k Last sale. n Nominal. a Sale price. Min.—Minimum price on Montreal or Toronto

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

APR., 1916]. MISCELLANEOUS SECURITIES.NOTICE.-All bond prices are now "and Interest" except where marked "f" and Income and defaulted bonds.

45

Bonds. Bid. Ask. Bonds. Bid. Ask. Bonds. Bid. Ad.Portland (Me) El 55 '26 optF&A 98 1003 Wheeling (W Va) Elec Co- Ati Gulf & W Indies SS Lines-Portland (Ore) Gas & Coke-

1st & ref g 5s '40 opt '20_J&J 97 99Sat M 55 1941 opt M&N

Wilkes-BarreG&E 58'55opt.J&J95102

97103%

Col tr g 6s Jan 1 1959 _J&J Atlas Port Cement 1st 68'25M&S 100%

79%102%Portland Gas 1st 58 1951 F&A Williamspt Gas-lst g5s'39F&A 100 104 Baldwin Locomotive Works-PortI(Ore)GenElec-See St & El cc Rys Wilmington (Del) Gas Co- 1st s f 55 1940 op aft '15 M&N 105 106Potomac El Pow 55 '29 op_J&D 104% 1st & ref s f g 5s 1949 op_M&S 97 98 Barney & Smith Car 5s 1936J&J 75 80Cons M g 5s 1936 guar_J&J 99% 100 Wisconsin Gas & Electric- Berg & Engle Brew 6s 1921_J&J Prescott G & El 1st Ps '40_ _J&J 85 90 1st g 58 1952 opt 1910_ __J&D 95 98 Booth Fisheries s f 6s 1926_ A&O 83 84Public Service Co of Nor I11- TELEG. & TELEP. BONDS. Boston Term Co-3%s '47 F&A 91% 931st & ref g 55 1956 op'21_A&O

6% notes 1916 J&JQueens Borough (NY) Gas & ElGen M gold 58 1952 J&J

Quincy (Ill.) Gas Elec & Heat-

94%100%

95

05101

00

American Teleph & Teleg Co-Coll tr g 4s 1929 J&JCony g 4s '30 cony af'09.M&SConv43s'33op aft 1925.M&S4 2% notes 1918

91%100108100%

91%

108%,1003%j1

Braden Copper Mines Co--S f g Cs 1931 F&A

Brooklyn Ferry Co-Con 58 '48 ctfs dep stpd_F&A

Burns(P)&Co 6s'24op af'14A&O

99%

I M

100%

1%1011st cons g 55 1935 op '10_M&S 85 87 Sub Cos 5% notes 1916 100 10034 1st & ref s f 6s 1931 J&J 100Quincy G & E 55 1929_ _M&S 94% BellTelp Canada Deb 5s'25A&O. 98 Bush Term 1st cony g 4s'52A&O 87% 87%Roch G&E 2d 4%8'20op'10M&S 97 99 Central District Telephone- Cons g 5s Jan 1 1955 J&J 88% 91Rockford (Ill) Electric Co- 1st 5 f g 5s 1943 op '18__J&D 102% 10334 Bush Terminal Buildings Co-1st & ref s f 58 '39 op' 14M&S 06 98 Ches & Pot Tel 58'29 op'09.J&J 103% 105 1st 5 f gold guar 55 1960_ A&O 88% 88%Rumford Falls Pow 4s Octl 1945 Ches & Pot Tel of Va 5s '43 M&N 96 98 California Wine Association-Saginaw City Gas 55 1916_M&N

St Clair County (Ill) Gas & El-100 1003. Chicago Telep 55 '23 op '13.J&D

Conecial Cable-48 g 2397_Q-J 101% 102

76%Cony g5sSep10'25 op s f M&S

Canada Cem't 1st 6s'29 op AJ:DO97%9431

98%1st cons guar 58 1959_ M&S 87 90 Cumb'land Tel&Tel 58 '18_J&T 100 1013.4 Canadian Car & Fdy Co, Ltd-St Joseph Gas-lst 55 1937_J&J 75 80 Deb 5s Feb 1 1920 F&A 99 100 1st s f g 68 1939 100St P Gas L con ex Cs 1918J&J 101% 1st & gen 5s 1937 J&J 99% 100% Canadian Cottons 5s 1940 J&J2 78 80Gen gold 58 1944 M&S 98 100 Cuyahoga Telep 5s 1919_ _ _J&J 97% 98 Canadian Cons Rubber, Ltd-St Petersb (Fla) Ltg 6s '45_J&D 95 98 Home Telep & Teleg (Los An- Gold 6.8 1946 opt 1911__A&O 92% SalmonRivPow gu 58'52 opF&A

San Diego Consol Gas & Elec-89 91 gales Cal) 1st 55 1933_J&J

1st refg 5s 1945 J&J9087%

948834

Case (J I) Threshing Machine-1st M 65 1916-1926 op__J&D b5.85% 5.70%1st g 55 1939 opt 1914_ _M&S 06x, 99 Kan C Home Telep 5s 1923 J&J 92% Cent Hud St'boat-5s '19 M&N 98 100Deb Cs 1922 J&D 98 100 K C Long Dis Tel 55 1925_ J&J 91 5s April 1933 A&O 95% 97%San Fran G&E 43s 1933_M&N 94 97 Key. Tel 1st g 55 '35 op'08..J&J 98 9834 Central Leather 58 1925A&0 10134 102Not callable Kinloch Lg Dist Tel 5s '29 J&J 95% Champion Lumber 6s'16-28A&O San Joaquin Lt & Pow Corp- Kinloch Telephone (Is 1028.1?& A 105% 106 Ches&Del Can 1st 58(40'16 J&J 63 65lst&ref g 6s '50 Ser A op_F&A

San Joaquin Light & Power-1st 55 1945 op aft '10__J&D

101%

100%, 1013

Louisv Home Telep 5s '22_ _J&JMet Telep & Teleg 58 1918.M&NMich State Telep-5s 1924.F&A

96101% 100 101 I

Chic Bd of Trade 45, 1927_J&D Chic Jct coil tr ref g 481940 A&O

Coll tr ref 58 1940 A&O85% 100% 101Sayre (N Y) Elec 55 1947A&O 90 95 New Eng Tel & Tel 5s 1919_ A&O 100 1st r e imp 5s 1928 M&S 100Scranton Elec 5s '37 opt '12.J&J 101% 103 4s Jan 1930 J&J 89 Chic Pneu Tool 5s Dec 31'21J&J 97 99Seattle Ltg 1st 58'44 op 10_M&S 58 gold Oct 1 1932 A&O 102 1023,-i Chili Copper cony 7s 1923_ M& N 130% 133Ref g 5s 1949 opt 1914__A&O 94 96 NY & NJ Telep 5s g 1920.M&N 100% Cleve & Sandusky Brewing-Sierra & San Francisco Power- N Y & Pa Telep & Teleg Co- 1st s f g 6s J'ne 1 '48 opJ&J CO 651st g 58 1949 opt F&A 90 03 1st gold 55 Feb 1 1926. F&A Clyde SS 1st 58 1931 opt__ F&A 91 94Somerset Un & Middlesex Ltg- Gen S Fd g 4s Nov '29_ _MS.:N 82% Computing-Tabulating-flee Co-Mtge g 45 Dec 1 1943_ __J&D 80 NY Tel 1st 0,0'39 tax ex.M&N 98% 99 Sink fund gold 6s 1941J&J 81% 83So Bend & Mishawaka Gas-

Cons g 55 1926 opt 1908 _J&J 95 97Pacific Teleph & Telegraph-

lst&col tr s f g 58'37 op'22.J&J 100% 10034Congress Hotel Co (Chicago)-

1st M 5s 1917-1941 J&J Basis5%%Southern California Edison- Rochester Telep 1st g 58 '20.J&J 973 100 Cons Tobac coil tr 4s '51_ _F&A 90Gen g 55 Nov 1939 opt_ J&JCony deb 6sMar15,'20 M&S15

97% 103 105

Gen 5s 1933 A&O Southern Bell Telep & Teleg-

Corn Prod Ref St 58 '31___M&N1st g 5s 1934 s f M&N

99%97%

99%98Southern Counties Gas of Cal- 1st 5 f g 58 1941 op '16_ __J&J 100% 101 Cramp(Wm)SonsShip&En Bldg1st 5 f 6s 1941 op 1916 _A&O 97% 100 South N E Telep 1st 5s '48.J&D 112 116 1st M g 5s 1929 opt__M&S 103 105Southern Ills Light & Power-

1st M 65 1931 op J&J 100% 1013Toledo Home Telep 55 1922..T&JTwin City Telep 5s '17&'26.J&J

05b 6% Cuban-Am Sug coil 6s'18opA&O

Davies (Wm) Co 1st 6s '26_J&J102%99%

103101Southern Pow 55 1930 opt_M&S 101 1023 U S Teleph 55 1919 J&J 96 100 Distillers' Securities Corp-Southern Sierras Power- Western T&T Col tr g 58'32.J&J 100% 1003,1 Col tr cv g 5s '27 op '08_A&0 72% 7:31st s f g gu Cs Sep'36op'18 J&J 100 102 West Un Teleg Coll tr 58 '38 _ J&J 100% 101 Dunlop Tire & Rub Goods, Ltd-Southern Utilities Cs 1933_A&O 97 100 Fdg & R E M 4%8 g '50.M&N 95% 9534 1st s f g 68 1927 opt M&S 100Southern Wise Pow 55 '38_A&O MutUn6s ext at 5%to'41M&N 100 102 du Pont (E I) de Nem Powd-Southwestern Gas & Electric- Northw'n gu g 4%s 1934_J&J 95 Gold 4345 June 1 1936J&D 104 107311st & ref s f 50 1932 opt__F&A 93% WATER BONDS. Eagle&Phenix Mfg 5s 1926_ J&J Springfield (0) Lt lit & Power- Blue Lakes Water 1st 6s'38.M&S 104 106 Eastern SS 1st 5s 1927 op_M&N 911st s f g 5s 1929 op 1914_ F&A 98% 100 Con Wat of Utica-lst 58 '30.J&J 100 104 Federal Sugar Refining-Gen & ref 5s 1933 Atic0 91 93 Deb 5s Jan 1 '30 op 1911_J&J 90 95 5% notes May 1917 op_ M&N 99 100Standard Gas & Elec of Delaw- Denver Union Water 5s '14.J&J 88 89 Fort St UnDepDet 4348 '41 J&J 78 85Cony s f g es 1926 opt J&D 101 104 SoPlatteCanal&Res58'23.J&J 86% 8734 General Baking 1st Cs 1936 J&D 83% 6% gold notes 1935____A&O 89% 02 Hackensack Wat 48'52op'12J&J 83 85 Gen Petroleum 5 f 6s 1931 M&N / 42 46Suburban Gas Co of Phila- Indianap Wat-5s '26 op'11.J&J 99 100 General Rubber 5s 1918 J&D 100% 1011st s f g 5sApr l'52op'07_A&O 102 103 1st dr ref g 4%s 1940 op__J&J 89 91 Girard Pt Storage 3348 '40_ A&O Superior Water Light & Pow-

1st 4s May 1931 M&N 82 86Louisville Wat Co 4s 1946__J&J45 1950 F&A

102% 102%

GordonIronsides&Fares Co ,Ltd,1st s f g 6s 1927 opt J&J 99 100Syracuse Gas g 58 100% 1013 Man'frs Wat (Pa) 5s 1939_J&D 101 102 Gottlieb-13auerschtnidt-StrausSyrac L & P coil tr 55 '54_ 87 88 Nashville Water 4s 1928_ __J&J Basis 434% Brew Co-lst 4s 1951__M&S 22 23

_J&JSyracuse Light g 5s g 1951_J&DTacoma Gas ref g 55 1926_J&D

10055 70 New Haven Wat 4%s 1962_J&,J

Portland (Me) Water 45 '27F&A104% 98 100

2d Income 5s Sep 1951_M&NGranby Con Min Smelt & Pow-

1Tampa Gas 5s 1937 opt ___M&N 95 97 Racine (Wis) Weer 5s '31.M&N 80 85 1st cony 65 1928 ser 105 106%Tenn Pow gu 55 1962 opt_M&NTexarkana G tic E 5s '30_ _ _J&.1

8396

85 San Antonio Water Supply- 1st & ref s f 55 '33 op'13 _F&A 88 92

Stamped Gt North'n Paper g 58 1927_J&J

106% 107Texas Pow & Lt 1st 5s '37_J&D 94% 97 Sou Yuba Wat-Con Cs '23.J&J 104 105 Hall Signal Cs '16-'20 A&O 96 99PolO E & H con 1st g59'35 A&O SpringBekWater-53 g'26.A&O 102 1033,- Havana Tobacco-5s 1922 J&D 1 48% 52Topeka Edison 58 Sept '30_J&J 96 98 r)ririg Val Wat ref g 48'23_J&D 95 9534 Hawaiian Com&Sug 58 '19 A&O Trenton 0 & El g 55 194th M&S 102% Tacoma Wat Sup 1st 55 '25.J&J 86 9134 Hecker-Jones-Jewell 68 '22 M&S 101 102%Troy Gas 2d 65 1923 F&A 105 106 MISCELLANEOUS BONDS. Hoboken Land & Impt Co-Consol 55 1939 M&N 104 105 Acme White Lead & Color Wks- 1st M g 5s Nov 1930___M&N 101Tulsa (Okla) Corp Ss 1932_ M&N 93 1st 6s July 1916 to '28 op_J&J 96 100 Hoster-Columbus Co 68 1940___ 50 70Union El Lt & Pow Co of St L- Adams Exp col tr g 45 '48_M&S 83% 84 Hudson Nay g 6s 1938 op_ F&A 76 801st g 5s Sept 1 1932_ M&S 100 102 Col tr g 4s 1947 J&D1 81 82 Huebner-Toledo Brew 6s '30J&J 51%Ref&ext 55'33 op aft'18..M&N 92M 95 Advance-Rumely deb Cs '25 w 87 89 Huntington Land & Impt-Union Light Heat & Pow(Cin)- Aetna Explosives 6s Jan '45_04 95 97 Coll tr g gu 6s 1916-1927 J&D 101 1021st 4s May 1 '18 opt'06_/VittN 97 100 AlaskaGoldMinesdeb6s'25M&S 103 104 Independent Brewing 6s'55 J&J 50United Elec Lt & Power, Bait- Series B part paid 100 10134 Ingersoll-Rand-lst g 58 Dec 311st cons g 43s 1929___M&N 93% 94 Full paid 103 1935 opt Dec 31 1910J&J 102 105Unit Elec Co of N J 4s '49_J&DUnited Electric Securities Co-

83 83% American Agricultural Chem-1st g 55 1928 5 1 conv__ .A&O 1024 10234

Inspiration Cons Copper-1st cony Os 1922 opt__ M&S 175 192Coll tr g 5s 1933 to 1941_F&A 97 09 Cony g deb 5s 1924 F&A 95% 99 Cony deb 6s 1919 J&J 189 195United Gas & Elec Corp- American Can- Internat Agricul Corp-Coll tr s f g Cs 1945 __ _ _ A&O 95 97 S f deb g 5s 1928 opt._ _ F&A 100 100%j lst&coll tr s f g 5s'32op M&N 77% 791) nited G & E of NJ 1st 58'22_ J&J 98 Amer Cot Oil g 5s 1931 optM&N 96 973jInter Harv 5% Feb 151918. F&A 101% 102%United Gas & El(SF) 58132_J&J 102% Amer Graphophone 68 '30_J&D 98% 99 j International Mere Marine-United G& 68118op'14_M&N 101 AmHide&LeathIst g 6s'19.M&S 104 1043/8 Coll tr deb 4348'22 op '07A&0 96% 98%United Ilium Co New Haven- Am Ice Soc-Deb g Gs '25.A&O 85 87 NY Tr Co ctfs of der) 98 98%1st 4s Feb 1 1940 F&A 06 98% American Ice Co-It E 1st & Int Naviga'n 5s '29 op '09_ F&A 92% 97%U S Public Serv Cs 1918 A&O 99 100% gen s f 6s '42 opt '13_ _F&A 101% 102 Intemat'l Paper-68 1918_ F&A 102% 102%United Utll 1st 6s '43 op '18 J&J 90 95 Amer-La France Fire Engine- Con cony g s f 5s '35op'09 J&J 86% 90%Utah Gas&Cokelst5s'36 opt..I&J 89% 913/ 1st M 9 f 6s 1924 A&O n 90 Internat Salt g 5s '51 op A&Of 75 77Utah Lt & P cons g 45 '30_J&J 86% 893 Amer Locom 5% notes 1916J&J 100% 10031 Internat Silver 1st 68 '48__J&D 108% 110%Utah P & L 1st 58 1044___ F&A 95% 96% 5% notes 1917 J&J 100% 10134 Deb 68 1933 J&J 98 100Utah Securities Corp- Am Malt 6s '14 ext to '17_ _JSrD 100 101 International Steam Pump-6% notes Sept 15 1922_ M&S 97 98 Amer Pipe Ar Constr Securities- 1st lien s f g 5s '29 op___M&S Utica El L & P 1st 5s 1950_ J&J 102% Coll tr g 6s 1922 opt_ _ _F&A 100 102 Guar Tr Co ctfs of dep_ 75% 76%Utica Gas&El ref&ext 5s '57 J&J 100 101 Am Pipe & Frly 6s 1928___J&J 100% Kan City Brew 6s 1930M&N 30 35Valley CountlesPow 53'30_M&N 102% Am Sew Pipe-lst s f 6s '20M&S 92 9434, Knickerb Ice 1st 5s '41 opt_J&J 80 83Ventura CoPow 1st 68136_M&N 98 100 lAmer Smelters Securities- Lake Superior Corp Inc 5s'24 Oct 33 34Vermont Pow & Ltg 58 '27_1&S 94 96 Cony at deb g 6s 1926_ __ F&A 109% 110 1st & coil tr gold 5s 1944_J&D n 55 COVirginia Power 1st bs 1942_J&D 84 90 Amer Spirits Mfg g 6s 1920M&S 07A 100 Lake of the Woods Mill Co, LtdWaslen (DC) Gas 5s 1960.M&N

Westchester Lt 1st g 5s '60_J&D106%104%

1071054

Amer S S of W Va 5s 1920 NI & NAmer Steel Found's 613 35.A&O

101100 102 1st M 6s June 1923 J&D

LasAnimasSugarlst 68' 32opA & 0 104%js 102

N Y Sub Gas-1st g5s'49M&S 101 Deb 4s 1923 F&A 87% 8934 Laurentide Paper 1st 63'20 J&J2 101Westerly L & 1' 58 1937_ __J&D 99 102 AmerThread col tr g 1919.J&J 98% 983's Liggett & Myers g 7s 1944_A&O 126% 126%Western Light & Power- Amer Tobacco Cs g 1944_ _ _A&O 118 Gold bonds 58 1951 F&A 101 1021st s f 5s 1925 M&N 92% 043-i 48 g Aug 1 1951 F&A 83% 90 Lima Locomotive Corp-Western States Gas & Electric- American Type Founders- 1st s f g 6s 1932 M&N 94 97%1st & ref 5s 1941 opt____J&D 92% 94 Deb gold 6s 1939 M&N 96 100 Lorillard (P) Co g 7s 1944_A&O 126% 1276% notes Oct 1917_____ A&O 100 101 American Writing Paper- Gold bonds 58 1951F&A 100% 101Western United Gas & El- 1st g 58 '19 op aftJuly'09.J&J 75% 763jj Mallory SS 1st a f 5s 1932 _J&J 88 91lst&ref 58 g 1017 to '50 F&A 97% 100 Anaconda Cop 5 %notes'17.M&S 101% 10134 Mexican Petroleum Of Del Ltd-Westinghouse Elec & Man- Armour & Co.-Real est 1st g 1 1st 1 eonv s f 68 '21 Ser A A&O 110% 1185% notes Oct 1 1917__A&0 101% 4%s 1939 op J&D 94% 943/ Series C 110% 116Cony 55 1931 130 132% Associated Oil Co-5s 1922F&A 102 1023%j biturrIs & Co 1st s f 43/88 '39_J&J 92% 92%' West Penn Power- Astoria(NY)Veneer Mills&D- Mtge Bond 48 Ser 2 66 op_A&O 75 761st M 58 '46 op '21 SerA M&S 96% 96% 1st s f g 65 1941 opt J&J 05 100 SsSer 3 1932 op '22 _J&J 94 95b Basis. f 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

46 MISCELLANEOUS SECURITIES. [VoL. 102.

NOTICE. - All bond prices are now "and interest" except where marked ' f and income and defaulted bonds

Bonds Bid. Ask.

09%98

100%

673

103%75

9897

100%96

10182

1009384663

101%

98%93100%97

99Y4

1004.65%

_95849585

-ons-&- o

60

94

98

100%100

1003,99%1051173105%

84

90%96

ypewr9998101%101%76%101%

80

-7 N20103

107%100

99-'102%99

101100

102M

100k99

99%

$

Mt Vernon-Woodberry Mills-8% notes 1918 FAA

Nat Enam & Stpg 5o '29..J&DNational Fire Proofing—

Istarcoll tr g bs '16-'32op M&SNat Starch deb 55 1930 gu__ &JNat Tube—See Coal, Iron& SteelNatomas Co of Cal—Gen & ref 6s 1935 J&J

N E Cot Yarn Cog 58 1929 F&ANew Eng Nay—See NYNH AHN J Zinc 1st 45 1926 A&ONYAIrBrakelst 6s'28conv MANN Y Dock Co—lst g 4s '51 F&AN Y&ER F'y-5a '22_ __MA N N Y & Hob F'y 5s May '46 JADHoboken Ferry fis '46__MANN Y &NJ Ferry—Ss '46_J&J

Nipe Bay Co 58 1925 _ MANOgilvie Flour Mills (is '32 _JAD

Series B Series C

Otis Elevator 5s '20 op '13 _A&OPacific Coast Co—G 5s '46 J&DPackard Motor 5%notes'16JADPalace Hotel (San Fran) 1st 68Aug 1 1928 F&A

Park Jc Tilford s f 68 '36_ _J&DParsons (W Ve.) Pulp & Lumber

1st m g 68 16-'24 opt MANPenmans,Ltd—Ist5s'28op MA N Pierce Oil Corp cony 85 '24 J&JPittsb Brewing 88 Feb 4 '49-I&JPittsb Term Warehouse & Trans

1st ref g 5s Nov 1 1936. _MA NPowell River Co, Ltd-

1st m g 6s '17-'27 opt '15 J&J Producers Transp bs 1921_J&JProvid't Loan Soc 4%s 21 M&SRy Steel-Spring be '21 opt.. _J&J

1st M g 5s 1931 opt A&ORemington Arms Un Met Cart-5% notes 1919 F&A

Remington Typewriter-1st M 6s 1917-1926 J&J

St Clair Furnace bs '16-'39 F&ASt Jos Stock 'Yds 4s 1930.. J&J St Lawrence Pulp & Lumber-

1st M 68 1916 1933 F&ASt Louts Brew Assn es 1939_J&JSt Louis Car Co 68 '21-'23 MANSt L Nat Stock Yds 4s '30 _J&JSt P Union Depot-6s '30_ MAN

Consol 55 1944 M & NConsol 45 1944_ ___ M&N

St Paul Un Stk Yds--58'16 A&OSchwarzschild & Sulzb 6s—See 8Securities Co N Y 4% cons M&SSibley Mfg Co 1st 58 1922_ _J&J

Sioux City Stk Yds let 58'30 J&JSomerset Hotel Tr 45 1921 .I&DStandard Mill—lst g WOMANSulzberger & Sons Co—Deb (Is June 1916 opt _ _MAS1st M s f Gs 1941 A&OSchwarzschild & Sulzb Co—Deb (is 19168 f opt_ J&D

Swift & Co 1st s f g 55 '44J&JT H Symington cony 68'20 J&JTenn Cop Co cony 68 '25 sub rctTexas Co deb (is '31 op '15_ J&JTorrington Co 1st g 55 '18_ M&SUnion B & P 1st g 55 '30 op J&JStamped

Union Ferry Co-5s 1920_ M& N (11110111 Oil Co of California—

First lien s f 58 1931 opt_ J&J2Un Transpor 1st 5s 1923_ F&Aunion Typewriter—See ReniinUnit Fruit—Deb 434s 1923_J&JDeb g 450 1925 s f J&J6% gold notes 1917 opt_ MAN5% gold notes 1918 opt M&N

United Lead deb 5s 1943W ..J&JU13 Env 1st 58 '18-'34op'19J&DU S Finishing—lst 66 1919_J&JCon gold 55 1929 J&J

U 8 Gypsum lst 55 '22 opt_ MASU S Realty & Imp 5s g'24 op J&JU S Red & Ref Co (is 1931_ _J&JB Rubber—Coll tr 68 '18_,L&D

U S Smelt Refg & Mining—Cony 6% notes 1926_ _ _ _ F&A

Vancouver Lumber 68'18 '25J&JVirginia-Carolina Chemical-

1st M g 55 1923 opts f__JADCony deb 6s 1924 ____A&015

Welsbach Co col tr 55 '30_ _ Jar DWest Canada Fl Mills Co. Ltd-

1st s f as Mch 1928. 1st & ref s f 64 1931 M&S

Western Electric Co-1st 58 Dec 31 '22opaft'lI J&J

Westinghouse Machine-1st & ref g es Nov 1940_ 0

Whitmer(Wm)&Sons68'20_M&SWinchester Repeating Arms-5% notes 1918 M&S

EXCHANOE SEATS.No. Last Bale

99%,97%

9685% bonds

803 RR96% 103%,723

100101969610310310299%95

b 4%

10078

95

8265

99%

9892%1009531

99

98b 4.85

85839081%

100

100ulsb. S/ 58

90

97

100399%

1003199%9911610531,1008282

88%9334

gton T98%975/s10134101%75993.97751007110102%

10795

993/i10298%

1023

99%96

99%

Y Stock Etch _1,100 163,000 N I' Con Stk Ex_ 500 750 700 750N Y Produce Ex .1,800 1,100 1,000 1,100N Y Cotton Ex__ 450 12,500 13,400Y Coffee Each_ 323 3.400 3,400 3,750

Baltimore Stk Ex 87 4,000 Boston Stock Ex_ 150 17,750 Chic Bd of Trade_ 1,624 4,100 Chicago Stk Ezell 259 1,000 1,000Cincinnati Stk Ex 35 2,250 Cleveland Stk Ex 35 1,500 Louisville Stk Ex_ 29 2.250 MinneapCh ofCom 550 3,850 Montreal Stk Ex_ 66 25,000New Oil Cot Ex 500 3,500 3,300 3,500Phila Stock Exch_ 221 3,700 3,900Pittab Stock Ex__ 120 2,2.50 2,200 3,000St Louis Stk Ex_ 50 2,000 (San F)Stk&BdEx 42 8 000 9Vashlon Stk Ex 40 2.500 2,500 3,500

Stocks Bid.

TEXTILE MFO. STOCKSNorthern Mills. Par Per

Acushnet Mill Corp (N B)_ _100 174Amer Linen Co (Fall River)_100 73American Manufacturing_ —100 130

Preferred 98Amer Textile, Pawtucket.. _..100 Amoskeag Mfg (voluntary assn) 70

Preferred 100Androscoggin Mills (Me).. _100Appleton Co (Mass) 100Arkwright Mills (F R) 100Arlington Mills (Mass) 100Barnard Mfg (Fall River)_ _100Bates Mfg Co (Me) 100

67%11055

Beacon Mfg Co (N B) 100 102Preferred A00 114

Berkshire Cot Mfg., Adams,Mass 100

Bigelow-Hartford Carpet_ _100Preferred 100

Boott Mills (Mass) 100Border City Mfg (Fall River)100Boston Mfg Co (Mass) 100Boston Duck Co (Mass)_ _700

20584111%

114

Bourne Mills (Fall River).... 100 112

Bristol Mfg Co (N B) 100Butler Mill (N B) 100Chace Mills (Fall River)._ _100Charlton Mills 100Chicopee Mfg Co (Mass)_ _100

90108%111

City Mfg. Corp (N B)

Continental Mills (Me) 1110013000 117106Collins Co (Con n)

Cornell Mills (Fall itiver) 100Dartmouth Mfg Corp (N B) 100

Preferred 100Davis Mills (Fall River)....._ 100Davol Mills (Fall River)._ 100Draper Co., corn (M) 100Dwight Mfg Co (Mass) 500Edwards Mfg Co (Me) 100Esmond Mills (R I), pref_ 100Everett Mills_ (Mass) 100

15018910011898

z 285

Farr Alpaca (Mass) Isg 110

Flint Mills (Fall River)____

Franklin Co (Me) 100Gosnold Mills (N B) pref_ 100Granite Mills (Fall River) 100Great Falls Mfg Co (N 11)...100Grinnell Mfg Corp (N B)- - -100Hamilton Mfg Co (Mass). _ _100Hamilton Woolen Co (Mass) 100Hargraves Mills (Fall River) 100Harmony Mills pref 100Hill Mfg Co (Me) 100

02

130

62%

Holmes Mfg (N B) Preferred Ng IN

Kilburn MI11 (N B) 100King Philip Mills (F R)---100Lancaster Mills (Mass).. 100Laurel Lake Mills (F R)_ - - -100Lawrence Mfg Co (Mass).- -100

135

92

Lincoln Mfg (Fall River)___ 100 97%

Lockwood Co (Me) 100Lowell Bleachery (Mass)- —100Lyman Mills (Mass) 100

128

Manomet Mills (N B) 100 115Massachusetts Cotton Mills_ 100 130

Mechanics' Mills (F R)_ _ _100 94

Merchants' Mfg Co (F R)- -100 100

Merrimack Mfg Co (Mass).. 100-Preferred 100

Middlesex Co (Mass) 100Monadnock Mills (N H)_ _100Morse Twist Drill (N B)._ _ 50Mt V-Wood M (Bait) v t r100

Preferred v t r 100Nashawena Mills (N B) 100Nashua Mfg Co (N H) 500Naumkeag(Mass)StmCotCo 100Newmarket Mfg Co (N II)- 100Nonquitt Spinning Co (N B) 100Osborn Mills (Fall River)_ _100Pacific Mills (Mass) 100Page Mfg N B).. 100Pairpoint Corp (N B)......100Parker Mills (Fall River)__ _100Pepperell Mfg Co (Me)._ _. _100Pierce Mfg Co (N 13) 100Pocasset Mfg Co (Fall River 100Ponemah Mills (Prov) 100

Preferred_ 100Potomska Mills (N B) .. _100Rich Borden Mfg Co (F 11).100Sagamore Mfg Co (F B)__ -100Salmon Falls Mfg Co (N 111.100

Ask. Stocks

share.17877%135100

101a 180a 200

70113

a 256%

21086111%

k 80

8 70/1280

9495112%115

S 70%120

I 75%165195103120

27281107%

97k 120145120

• 21095

• 193

a 73• 83

s 98%k 85

157%

227A 10 10%51% 52 98790 I 800 1.11 194 I 138% 107%102% 105140 143901956234 135 133405 41595 10090 115100 110132% 162% 165230

Seaconnet Mills (F 10_ _ _ . _100 62%Sharp Mills (N B) pref 100Skenandoah Cot Co (Utica).. 100 125Soule Mill (N B) 100 Stafford Mills (Fall River)... 100 75Stevens Mfg Co (Fall River) 100 145Taber Mill N B) 100 Tecumseh Mills (Fall River) 100 128%Thomdike (Mass) 1000 Tremont & Suffolk M(Mass) 100 Union Cotton Mfg (Fall Riv)100 1883-sUtica Knitting Co pref 100 99Utica Steam & Mohawk ValleyCotton Mills 100 170

Wampanoag Mills (F R)_ ..100 72Wamsutta Mills (N B) 100 120Weetamoe Mills (F R) 100 87%Whitman Mills (N B)

0York Manufacturing (Me)_11000 155 Southern Mills Per

Abbeville Cotton Mills (S 0) 10(0 90Am Spinning Co_ 155Anderson Cotton Mills (SC) 100 Arkwright Mills (S C) 100 100Atlantic & Gulf Cotton (Ga) 100 Augusta Factory (Ga) 100 15Belton Mills (S C) 100 90Bibb Mfg Co (Ga) 100 160Cabarrus Cotton Mills (N 0)100 Clifton Mfg (S C) 100 80Clinton Cotton Mills (S C).._100 110

a 85 10095 100

k 182( 10099 100

k 10034 Brier Hill Steel common.. _ .. _100132 Preferred 100

k 1243i, Cambria Iron 50 Cambria Steel 50132 Carbon Steel 1009734 1st pref 100

2d pref 100a 46 Central Coal A Coke 100s 903j Preferred 100a 57 Cleveland Cliffs Iron 100

Colorado Fuel & Iron 100Preferred_ 100

Consol Coal of St Louis_ _ _100Consolidation Coal of Md . _ 100Crucible Steel 100

Preferred -Delaware Lack & West Coal sa

Dominion Coal, preferred__101Dominion Iron & Steel pref_ 100Dominion St A Cl Corp corn. 100Empire Steel A iron 100

Preferred_ 100Gulf States Steel 100

1st pref 1002d pref 100

Hocking Valley Products...._ 100Inland Steel 100La Belle Iron Works coin_ 100

Preferred 100Lackawanna Steel 100Lehigh Coal & Navigation 50

- Lehigh Valley Coal Sales 50

I 583i Lehigh & Wilkes-Barre Coal_ 5055 Midvale Steel & Ordnance... 50105 New Central Coal.. 20

1305 New Eleven Iron & Steel S

10 Newton (G B) Coal corn........ -100..... 1st preferred_ . - _ _ .....100 Nova Scotia Steel & Coal... too12734 Preferred 100 Pennsylvania Steel 100

11370 Preferred 1(X)a I253( Pittsburgh Coal 100195 Preferred 100

k 101 Pittsburgh Steel pref 100Republic Iron & Steel 100

180 Preferred 10075 Rocky Mountain Fuel corn _100

Preferred .100 Sloss-Sheffield Steel & Iron_ 100185 Preferred 100

sahalrle5.M SteeprlerCeorreodf Canada 100 100

100 Temple Coal, pref 100165 Texas & Pacific Coal 10018 U S Steel Corporation 100 Preferred 100 Vat:Walla Coal 10020 Preferred 100100 Virginia Iron Coal & Coke...100180 Warwick Iron & Steel 10 Westmoreland Coal 5090 Wheeling Mould & F 50123 Wheellng Steel A Iron 100 Youngstown Sheet & Tube__100

Preferred 100

Bid.

Par PerEagle & Phenix Mills (Ga)_ _100 55Enterprise Mfg (Ga) 100 Exposition Cotton M (Ga)__100 Gaffney Mfg (S C) 100 Graniteville Mfg (S C) 100 Greenwood Cot Mills (S 0).100 Grendel Mills (S C) 100 90Henrietta Mills (N C) 100 King, J P, Mfg (Ga) 100 70Lancaster Cotton Mills (S 0)100

Preferred 100 90Laurens Cot Mills (13 C).... —100 100Lockhart Mills (S C) 100 35

Preferred 100 Louise Mills (N C) 100 Marlboro Cot Mills (S C)_ _100 Mayo Mills (N C) 100 Mills Mfg Co (S C)........100 110Monarch Cotton M (8 C) ..100 116Newberry Cot Mills (S C)_100 110Orangeburg Mfg, preferred_ 100 Orr Cotton Mills (S CY._ _100 Pacolet Mfg (S C) 100 95Parker Cotton Mills 100 Guaranteed stock.. 100 Preferred 100 ft

Pelzer Mfg Co (S C) 100 100

Piedmont Mfg (S C)___ . _ _ 100 140Phillips Buttorff Mfg 100 110Poe, F W, Mfg (S C) 100 80Roanoke Mills (N C) 100 Sibley Mfg (Ga) 100 20Spartan Mills (S C) 100 105Trion Mfg (Ga) 100 20Tucapau Mills (S C) 100 250Union Buffalo M (8 C) let pf___ 25Warren Mfg (S C) 100 40

Preferred 100 80Washington Mills (Va) pt _ ....100 ___ . _Webb Mfg (Nashville) 100 50Whitney Mfg (S C) 100Woodside Cotton Mills

Preferred guaranteed Preferred

Canadian MillsCanadian Convert, Ltd__ 100Canadian Cottons, Ltd 100

Preferred 100Dominion Textile, Ltd_ _ _ . 100

Preferred 100Montreal Cottons. .100

Preferred _ LOUPenmans, Ltd 100

Preferred COAL. IRON & STEEL STOCAlabama Co corn 100

1st pref. . 100Amer Coal of New Jersey_ 25

Amer Steel Foundries 100Bethlehem Steel Corp

PreferredBon Air Coal & Iron

Preferred.

Ask.

share.8540

602550100

80

100

50

10060

100

2520

i85--11590

25115

"H--6090

a 6575100258560

3443% 44

a 7634• 78% 78% 102

's 51 10062 62%85 88

KSn 17 19n 46 51d 2050% 51%482 485130% 110

d 41%d 80

687960

44)(140

• 10092%115300

9546105071%92%73234

30552

76%d 75%d 83d 150d 65

104%nalll

75973427101349850%108%

50559046%92105%15084%116%

a 2550

d 10%d 66d 66146

120112%45%8174856573802714514711

s 100%92%115%31098

s 9646%1560739474%5

37053129%7775%8817566

I 34

101%1148598%2”41039951109lb53579946%93

84%116%6105510%6789148252

Courtenay Mfg (S C) 100 55Dallas Mfg (Ala). 100 Darlington Mfg (S C)......100 65

b Basis. d Price per share not per cent. e New stock. f This price includes accrued Interest.

a Sale price. u Ex-warrants. a Old stock. z Ex-dividend. y Ex-rights.

113341

h Ea-stock dividend. k Last sale. vs Nominal.

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

APR., 1916.] MISCELLAN EOUS SECURITIES. 47Stocks. Par. Bid. Ask. Stocks. Par. Bid. Ask. Stocks. Par.

ELEC.OASek POW ER ST OCKS. New Bed G & E 100 275 Louisville.Adirondack El Pow 20% 21% New Haven G L 25 d 38 39% German 50Preferred ____100 78 79% N Y City- Minneapolis.Am Gas & El_ ___50 d 134 137 Consol Gas_ _100 135 136 Nor'westF& M 100Preferred 50 d 50 51 NYMutualGLIO0 145 155 Newark.Am Gas of N J_100 120 121 N Y & Richmond American 5Am Lt & Trac_100 395 397 Gas 100 32 38% Firemen's 50Preferred 114 115 Niagara Falls Po100 156 158 Newark Fire 5____100

Am Pow & Lt__100 65 66 Northern Calif Prudential Life. .50Preferred _ _ _100 86 87 Pow Cons_ __100 11 11% New Haven.Option warrants_ d NorIdaho&Mont Security Ins.. __25Am Public Util _100Preferred __ _ _100

4475

4677

Pow 100Preferred 100 2 5

% New Orleans.Lafayette 50Appalachian Po.100

Preferred ____100320

625

Nor OntarioLt& Pow com.100 15% 17

Meehan & Trad 100New York.Arizona Power_ 100 5 10 Preferred ____100 59 64 City of N Y____100Preferred __ _ _100 40 50 Nor States Pow_ 100 60 61 Commonwealth 100Atlantic P & L_100 10 15 Preferred... _100 95 96 Continental 25Preferred ____100 92 95 Northwest Elec.100 22 Fidelity-Phenix 100Bay State Gas_ _ 50 d 18c. 19c. Preferred_ _ ..100 87 89% Germ'n-Alliance100Brklyn Un Gas.. 100 128 129% Ohio Cities Gas. 100 199 200 German-Amer_ _100Buff Gen Elec. _100 104 106% Preferred... _100 88% 89% Germania 50Calif Elec Gen- OhloFuelSupply 25 d 393- Hanover 50erating, pref. _100 85 90 Oklahoma Nat Home 100Canadian Gen E1100 109 111 Gas 100 713 72 Niagara 50Caney River Gas_ 25

Cent States G & E..3912

4015

Old Col Gas pf. _100 Ontario Power_ 100 45

10050

Northern 100North River. __25Preferred 70 75 Oro Elec Corp_ _100 5 Pacific Fire Chic Sub Gas & EL 17% Preferred 100 5 15 Stuyvesant .....l00Preferred 87% Oro Water ,Light United States__ _20Cincin G & El _ _ 100 76 76% &Power__100 Westchester _ _ _ _10Cin Gas Transp 100

Cities Service_108%160

110_

Osage & Oklahoma(Nat Gas) Co 100 00 102

W'msburgh City(Brooklyn)_ _ _100

_100Preferred __ ..i00

Colorado Power 100Preferred_

802609

8228101

OttawaL,H&P_100 Pac G & El_ _ _ _100

1st pref 1006292

1206393

Philadelphia.Alliance of Phila_ 10Delaware 10

_ _ _100ColumbiaG&E.100Commonwealth

Edison 100Counec Pow pf_ 100

16%

146%92

14795

2d prf (old p1)100Pacific Lt Corp_ 100

Preferred .100Pac Pow & L pf _ 100

94104% 8195

96

100

Fire Association _50Girard F & M _100

Ins Goof N A __ _10InsCoState ofPa100Cons Gas E Lt Paterson & Passaic Lumbermen's__ _25& P (Balt)___100 109 lit Gas & El__ ..100 87 91 Mechanics' 25Preferred ..._100 111 Pawtuck Gas pf _100 94 98 Pennsylvania F 100Consol Gas (NY) See under N Y City PennsylLtgcom 100 25 35 People's Nat Fire 50Consolidated Gas Preferred _ _100 78 83 Phila Life 10(Pittsb) pref. _50 d 15 19 Pa Wat & Pow_ 100 73 73% Reliance 50Consumers' Gas

(Toronto) ___ 50 min 176People's Gas Lt&Coke (Chic) _100 104% 104%

UnitedFiremen's 10Providence,Consumers Pow

(Mich) pref. _100Dayton P & Lt_ 100Preferred_ ._100

Detroit Edison_ 100

9641%90

x 131

9S4493132

People's Nat Gas& Pipeage_ __ 25

Phila Co-See StPhila Elec ($22.50

paid) 25d

d 36& El R

273/s

40It Sec.

27%

Prov Wash'ton__50Richmond.

Virginia F A M _ _25St. Louis.

Amer Central _50Duluth Ed EL _100 Pittsb Oneidas_ 100 8% St. Paul, MinnPreferred _ _ _ _100 60 67 Portl (Me) G L_ 50d St Paul F A M 100Edison El Illum Providence Gas_ 50 dx 89% 93 San Francisco.(Boston) ____100 x 241 242% Pub Serof N III 1001 114% 115 Firemen's Fund 100Elec Secu pref. _100 80 Preferred.. _100 103% 104 Washington.ElecCoof Am__ 10 d 10 11 Rhode Isl Elec 1 Arlington 10Elec Inves Corp 100 10 20 Protect 100 128 Corcoran 50Preferred ____100 80 87 % Salem(Mass)G L1001 Jr 200 Fireman's 20Elec Stor Bat__100 61% 623- Shawin W & P _100 z 129 131 German'Amer_ _100Elizabeth G L_ .100 350 Somerset Union Ar, National Union 5Empire Dist El. 100 Middlexex Lt_100, 70 72 Potomae _ _25Preferred _ _ _ _100 79 82 Sou Cal Ed corn 100, 92 93 MARINE INSUR-Equitable 1110 L Preferred ___ _100 100 106 ANCE SCRIP.Phila jot 100 105 110 SW Pow & L p1100 a 97% 100 Atlantic Mutual-Essex & trod G.100 134 136 Stan G&E (Del) 50 d 9 10 1911 Fall Riv Gas W. 100 263 265 Preferred.... 50 d 35% 36 1912. Federal Utilities 100 n 25 Superior Water Lt&1 1913... Preferred _ _ __100 n 30 Power. corn _100, 45 70 1914 Gas & El of Ber- Preferred _10q 60 1915gen Co 100 893 91 Texas P & L pf 100 94 100 MINING STOCKSGas & El Secur_ 100 123 Troy (N Y) Gas 100 135 140 Acacia _ 1Preferred 88 92 Union Nat Gas_ 100 x 141% 142% Adventure Cons. 25._100

General Electric 100 166 167% United El N J _100 80 90 Ahmeek 25General G & E_100 6 United El Sec [4100 108 112 Alaska Gold M _ _ 10Cum pref. _ _ _100 x 72% 74 Untd G&E Corp100' 18 21 Alaska JuneauCony pref_ _ _ 100 24 28 1st preferred_100 72 75 Gold Mining_ _10Hartford El Lt_ 100 292 297 2d preferred __100 19 22 Algomah 25Hartford City Gas Un G&E of NJpf 100 79 83 AllotrezLight common 25 dx 64 65 United Gas Imp 50 dx 88% 88%_ _ _25

AmGold M (StL) 10Preferred __ 25Havana El L & P-S

dx 50ee St &

•El Rys.

United Ilium Coof New Haven100 245

Amer Zinc Lead & Smelting

._- _25Houghton Co El United Utilities_ 100 15 25 Anaconda Cop Light , 25

Preferred 25d 16d 22%

1823%

Preferred ..._100Utah Pw & L pf.100

a 00a 98

100100

_50Arizona Com'ciaL5Arnold 25HoustonG&F p1100 102 106 Utah Sec Corp_ 100 17% 18 Batopilas Min_Hudson Co Gas_ 100 132 134 Wash'n(DC)Gas 20 d 74% 74%

..20Bonanza Day Co 10Ilium & Power Wayland Oil& G_ __ 7 Butte & Sup. .....10Secur-com _ _100 15 20 Western Power. 100 16 17 Calumet & Ariz _10Pref 100 a 92 97 Preferred_ _..100 61% 62% Calumet & Hecia 25Indiana Ltg 100 85 WestStatesG&E100 30 40 Canada Copper. ..5Indianap Gas__ 50 d 58 60 Preferred _ _ _ _100 85 90 Centennial _ _ __25Kansas G & E pf 100 a 95 100 Westhouse Elec CentreCr'k Min_10Kansas Nat Gas 100 12 15 & Mfg, corn__ 50 dx 64% 8,1% Chill Copper ___25Kings Co El & P.100 129 130 First pref . 50 dx 74 76 Chino Copper_ __ _5Laclede Gas Lt _100 102% 104 INSURANCE Corn Min& Sme1100Preferred... _100 98 STOCKS. Cop Range Con 100Laurentide Pow.100 50 55 Albany. Par. Per share. Cripple Cr'k Cons ILincoln (Neb) Albany InsCo__ 50 180 200 Crown Reserve__ _1Gas & El L__100 28 30 CommerceInsCo 25 170 180 Daly-West 20Lone Star Gas_ _100 92 Baltimore. Per share. Davis-Daly Cop_10Lowell Elec Lt_ 100 208 212 German 10 19 22 Dante 1Lowell Gas._ _ _100 260 263 German-Amer... 25 38 42 Doctor Jackpot _ _1Manufac Lt & Boston. Per share. Dome Mines_Heat, Pittsb_ 50 dx 50% 50% Boston 10( ___10Elkton Cons 1Mass Gas Cos_ _100 84 85 Colum Nat Life_ 100 122 125 El Paso Gold _ _ _1Preferred ____100

Mass Ltg Cos corn.Preferred . _ _100

d 1797

88%20100

Conveyancers'Title_ _ _ _100

Mass Bonding 90

Federal M&Sm. 100 Preferred 100

FirstNationalMexican Lt & P 100 Mass F & M _ _ 160 190 Cop ($3 75 pd)_5Mexican Nor P. 100 Michigan Lt p? .100z 96% 99

Mass Title Inn Brooklyn-SeeN Y

Franklin 25Gold Dollar Cons_lMiddle West Util-

Common __ _ _100 52 55Detroit.

Detroit F & M50Per

135share. Golden Cycle GoldfieldConsolPreferred. _ _ _ 100 79% 80% Michigan PA M 50 85 Mines 10Miss Riv Pow_ _100 17 l-lartford. Per share. Granby Cons MSPreferred _100 n 43 48 Aetna (Fire) . _100 390 394 & P 100Mobile El pref. 100 a 88 91 Hartford Fire_ _100 800 810 GranIte-131-MetallicMontana Power 100 78% 79 Hartf Steam Boil (St Louls)____10Preferred__ _ _100 112% 113 Insp & Ins_ ..100 t 325 330 Granite MontrealLEI&P100 237% 238 National Fire_ ..100 390 Ureene-Cananea100Municipal Gas Phoenix (Fire)_ 100 392 395 Hancock Cons. 25(Albany) _ _ _ _100 130 132% Standard Fire_ 25 67 Hollinger Mines_ _5Muskogee G&E 100 Life Insurance Per share. Homestake Min 100Preferred __ _ _100 a 85 00 Aetna Accident.... 510 520 Inspiration ConsNarragansett El 50 dx 90% 93 Aetna Life _100 617 Copper 20Nat L El & Pow_ um 3 8 corm Oen _ __100 Isabella 1Preferred _- ..100 35 40 Travelers' ___100 765 780 Island Cr'k Coal 1Newark Cons CI 100 06 97 Preferred __ _1

Bid. Ask. Stocks. Par. Bid. Ask.

Per100300

d 563482355003251604123159014016010080

d 58

Per cent Per Isle Royale Cop_25 2734Per share Jack Pot 1 634c.155 Kennecott Copper_ 58

Per share Kerr Lake 5 43430 32 Lake Copper__ __25 1634210 220 LaRose Cons M..5 62c.1234 1334 La Salle Copper_25 434455 Mary McKinney_ 1 41c.Per share Mason Val Mines_5 334 36 Mass Cons__-- -25 1334Per share Mayflower 25 3

220 300 Miami Copper _5 3834 Michigan 25 234cent Mohawk

2125 Nevada Cons Cop 55 9 917%325 New Idria Quick-58 silver 5 14353 Nipissing Mines.. .5 z7245 North Butte_ _ _ _15 z 2734510 North Lake 25 134335 Ohio Copper 10 18c.170 Old Colony 25 234420 Old Dominion_ ...25 6734330 Ontario Sil Min 100 834110

Osceola2 z 9434c

150 Pittsb Silv Peak...51 9.

175 Pond Creek Coal.10 1334125 Portland 190 QuicksilverMin 100 "3%

62 Preferred... .100 4

130 170 QRauyincYCons Cop 2105 924434

Per share St Joseph Lead 10 16341834 19 SantaFe(G&Cop)10 2%

6 San Toy 5 1 18c.340 345 Seneca ($10 pd)_ 25 53 k 236 Shannon 10 9342534 26 ShattuckArizCop 10 x 3534100 105 Superior dr Bost_ 10 b 3 Jr 102 Superior 25 1634k 60 Tamarack 25 52

405 410 Tennessee Cop_ _25 533417 18 Tonopah Belmont 1 43%10 1034 Tonopah (Nev)__1 653 57 Tonopah Ext Min 1 4%10 12 Trinity 25 834Per share. UnitedGoldMines 1 6c.

x 84 Utah Cons 5 z 1334Per share. Utah Copper Co_ 105 8284 86 Victoria

2334Per cent Vindicator 1 2.43

264 270 Winona 25 33/sWolverine

2557%

430 Wyandot 25 134Per share Yukon Gold. _ . _ .5 234270 27734 REAL ESTATE TR

& LAND STOCKS Per9 934 Albany Tr (Bost) _I a8080 Alliance Realty _1 701834 Barristers' Hall Tr

265 (B 1 a

6 Bedford Tr(Bost)_ a 60 BerkeleyHot1Tr(B)1 a 60

Bd of Tr Big Tr ( 8)1 a 100BosGr'dR'tTr(C). 1 a 100Bost Land (Bost).1

/101 Bost R E T (Boa). h a1010f 101 BosStorW'h'ee(B) 1 a 110f 101 Boston Wharf Co.! a 109f 102 Bromf Bldg Tr(B) 1a 80f 102 Business RETr(B) 1 a Per share. Cent Bldg Tr (B)..1 a 4 ie. Sc. Chic R E Trustees h a 900b 334 334 City Assoc (Bos)__e a 500x 100 101 City R E T (C). .h a 9001934 20 Congress St Associ

ates (Boston)...! 934 95% C'greesStBigTr(B) 1 a 1 134 Constitution Wharf

x 69 6934 Trust (Boston).! a 50c. Copley Sq Tr (B) / a

Preferred _ _ . _la 8834 8834 Delta Bldg Tr (B).! a 6586% 87 Devonsh BlgTr(B)/ a 30934 934 Dwelling House60 c. 1 Assn (Boston) _h a234 234 East Bos Land (B).35c. 50c. East St R E Tr(B) 1 a90 9034 Ensley Land Co...! 7574 7434 Essex St Tr (Bos).! a 550 555 Factory Bid Tr(B) _ / a 134 1% Fifty Assoc (flos)_ a4000

17 1734 Ffaymarket Tr (8)1 a 2.25 Hotel Bellev Tr(B)1 a 22 2234 HotITr.T'raine(B) / a 1035434 553's Fluntington Cham14754 14834 Tr (Boston)... .!a 6454 65 , fournal Blg Tr (B) 1 a

2c. Kimball 131g Tr(B) 1 a 4538c.1 50c., Lovejoy'sWhTr(B)1 a 98354, 334 AerchRETr(Bos) h a 1%' 1941 V4unicip'IRETr(B)1 a 972c.1 4c.,1 01d South Bld As.! a 551034c.1 11c. Myer Bld Tr (B).! a

2434 2494 Paddock Bld Tr(B)! a 9030c.1 31c., l'emlonBidTr 3) 1 a 80c.1 85c.' Post Of Sq Tr (B)_ I a 6517341 20 1 PrayBlds Tr (Bos) 1 a ' 42 ' QcyMark R pf (8)1 a 100

Pt E Assoc (Bos). .1 a 65534 534 ctealty Associatesof934 9% Brooklyn 1..._1 234c. 3om'set FI Tr (B) _1 a2.20 2.25 south St Tr (Bos) 1 a 97

South Term Tr (13)1 a 75c. 77c. State St Associates, (Boston) 1 a 90341 90341 State St Ex (Bos)..1

i B70c. Summer St Tr

M1 a 95..1

(cjia 5334c. 54c. rerm Hotel Tr

(1)- -; Suffolk R E Tr(B) h68%c.

4834 49 1 Preferred la 73b1534 16 1 Foxes Pacific Land2634 2734 Trust certfs_ _ _ _1 119127 132 1 rrem't Bld Tr (B)_1 a 97

, rrimtn Tr (Bos) 1 a 4734 48 1 University Associ-20 %c. 21c., ates (Cambr)_ _I a 4534 4634 Western R E Tr_ __I a 13789 i 8934 WInthrocalldTr(B)1 a

39

10

96

share.288c.

58344 %1770c.542c.

1331533238%23499%1734

157%2813420c.368sq944

141.8544%

9524%17319c.57934363%17%5353%43f.6%59

634c.13%82%

2.50434582%2%

share.

80

777070

868065

1000

950

9750

20958045

60010%100

. 859585

60

8040

.50010170103

55

20

75

10060

70

656580075

83

122101100

70

65a 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 $10y E

Jr Last sale. / Par value $100. m 1st install. paid. n Nominal. a Sale price. t New stock. z Ex-div. Ex-rights. a x-special d1v.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

48 MISCELLANEOUS SECURITIES. [Vol,. 102.

Stocks. Par. Bid. Ask. Stocks. Par. Bid. Ask. Stocks. Par. Bid. Ask. Stocks. Pa- Bid. Ask.

Per cent. CanFdys&Forg 100 175 190 Gen Chemical_ _100 335 340

TELEGRAPH & I Am Express_ _ _ _100 124 128 Can SS Lines corn_ 19% 19% Preferred__ _ _100 115 117

TELEPH STOCKSPar, Per cent.

AmFruitProd pf100American Glue_100

3109 114

Preferred Cauad Ian Car& F100

x 7566

763469

General Motors 100Preferred.. ...100

460114

480116%

AmDisTeig(NY)100' 17 21 Preferred_ _ __100 149 152% Preferred_ _ .._ 100 82 88 Gen ity Signal .100 99 101%

AmDisTelg(NJ)100 71 73 Am Graphoph_ _100 113 116 Can Con Rub_ _ 100 100 Preferred _100 83

AmTel&Cab,gu 100 65 69% Preferred_ .....100 125 127 Preferred _ _ _ _100 97 Globe-Wernicke 100 133 140

Amer Tel & Tel _ 100 , 127k 128X Am Hardware_ _1002 123% 124% Canad'n Explos.100 300 330 Preferred_ _ _ _100 116 120

Bell Telp (Can)..100, 145 Am Hide&Leath100 10 10% Preferred._ _ .._ 100 102 110 Goodrich (B F)_100 75% 76

Cent&SA Telg _100 135 137 Preferred_ _ __100 53 53% Can Locomotive100 57% 58% Preferred_ _ _ _100 114% 11534

Cin&Sub Bell Tp 50 d 102 104 Amer Hosiery_ _ _25 d 125 Preferred _100 8234 Goodyear Tire dr

Commer Un(gu) 25 d 25 28 Amer Intern Corp Canton Co 100 150 Rubber pref _100 114% 115%

Dominion Teiegr I 20% paid 20 21 Carriage Fact_ _100 35 37 Gorham Mfg pf 100 117

(Canada) 50. 100 Am Ice Secur__100 28 28% Case(J 1) Thresh Gray & Dudiey_100 88 93

Empire& Bay State Am-La France Mach pref._ .100 85 8734 Great Lakes Tow 100 24 25

Telegraph_ _ _100 I 66 72 Fire Eng Inc_100 30 50 Casein Co of Am new n 37% Preferred ...... _100 95 98

Franklin Tg(gu)100 42 48 Pref (new)_ _ _100 87 Case Lockwood & GrentSouthLumber 76 84

Gold&StkTg(gu)100 111 117 Amer Laundry Brainard Co_100 185 Great West Sug_ 100 200 205

Ill & Miss Telg_ 50 d 40 42 Machinery_ _ _100 459 46% Celluloid Co_ _ _100 181 185 Preferred.. _ _ _100 110 112

Internat Ocean Telgl Preferred ____100 117 120 Central Aguirre Guantanamo Sug50 d 81 83

(guaranteed)_100 98 104 Amer Linseed_ _100 233% 24 Sugar Cos_ ...100 174 176 Guggenh'm Exp_ 25 d 2034 21

Keystone Telp_ 50 d 133. 14X Preferred.. _.._100 45% 453% Preferred _ _ 100 174 176 Hackensack Wat 25 25 30

Preferred 50 d 69 70 Am Locomotive 100 79 7034_ _

Cent Leather__100 53% 54% Preferred 25

Kinloch Long Dist!Telephone_ _ _100; 1473

Preferred_ _ _ _100Am Mch & Fdy 100

1033/i85

10490

Preferred.. _ ...100Champion Coated

109% 11034 Hale & Kilburn. 100Preferred _ _ _ _100

1540

1850

Louisv HomeTp 100; 108 Am Malt Corp_100 73 8% Paper 100 137 150 HallSwitch&Sig100 12 15

Marconi Wireless I Preferred_ _ _ _100 33% 35 Preferred_ _ ..100 107 112 Preferred _ _ ...100 25 32%

Tel of Am 5 d 3% 3% Amer Piano pf_100 72 75 Chandler Motor100 91 02 Harbison-Walker

Mexican Telg_ _100, 227 232 Am Pipe&Cons_ 100 27 31 Chesebr'h Mfg _ 100 850 900 Refractories _100 84 85

Mex Telp & Telg 10 d 1% 2% Am Pneu Serv_ _50 d 2 5-16 2% Chicago Audito- Preferred_ _ _ _100 8 103

Preferred 10 d 4% First pref 50 d 50 rium An. _.1.00 14 Hart, Schaffner

Mich State Telp I Preferred 50 d 14 14% Chic June Itys & & Marx pref _100 115 116%

Preferred_ _ _ _100' 903. 92% Am Press Assn 100 n 10 20 Un St Ydetpd100 157 Havana Tob_ ....100 1 3

Montreal Telg_ 40 k 136 Am Radiator_ 100 395 397 Preferred_ 100 107 Preferred _100 2 4%

Mountain States Preferred__ _ _100 138 139 Chic Pneu Tool_ 100 71 72% Hawaiian Corn

Telep & Teieg 100N E Telp&Telg_ 100

110136

11113734

Am Rolling Mill 100Preferred _ _ _ _ 100

1793(115

180%117

Chic Ry Equip.. 100Childs Co 100

8834 61

•65

& Sugar 25Heime (GW) Co100

d 49167

NorthwestTg(gu)50 d 52% American Screw 100 x 135 143 Preferred _ 100 95 97 Preferred.. 100 114

Ohio State Telep 100 4134 413.j Am Seed Mach 100 79X Cin Tob Wareh _ 100 18 25 Hendee Mfg 100 25 28

Preferred _ _ _ _100 10534 1063% Preferred.. .. _ _100 1033. 105 Cin Un Stk Yds.100 98 100 Preferred_ _ _ _100 97 2 100

Pac&AtiTg (gu)_25'd 16 173. Am Sewer Pipe_ 100 16 16% City Investing_100 19 22 Hercules Powder100 375 380

Pacific Telp&Tg100 35 36 Am Shipbldg_ _ _100 4534 46 Preferred _ ___100 71 76 Preferred_ _ _100 116 120

Preferred_ _ _ _100 x 96 98 Preferred_ _ _ _100 90 Clev&SandBrew100 2% 4% Herr-II-MarSafe100 n 4 10

Providence Telp 50 *100 Amer Smelt Sec Preferred_ 100 14 Heywood Bros &

Botfth&AUTg(gu)25 d 22 24 Pf Ser A stpd_ 100 9234 03% Cleveland Stone 100 78% Wakefield Co 100 115 121

Sodthern NE Tp1001 145 149 Pref Ser B _ _ _100 85 87 Cluett, Peabody100 71 73 Preferred. ___100 97 100

TolodoHomeTp100 Am Smelt&Refg100 100% 101 Preferred 100 107 4 10934 Holyoke Wat Po .100 410

Tri-State Telep Preferred_ _ _100 11234 113 Colt's Patent Hooven Owens &

& Teleg10 d 10 Am Snuff com 100 136 140 Fire Arms M..100z 820 830 Rentschler pf 100 90

Preferred_ __ 10 d 9 10 Preferred_ _ _ _100 107 Cornput-Tabulat & Hopkins & Allen

Western TTn TP1100 913/i 91% Am Sugar Refg_100 109 • 110 Recording Co 100 45 46% Arms com_ _ _ 100 40 48

TITLE GUARAN- Preferred_ _ .100 115 116 Conley Foil.... _ _100 325 375 Preferred _ _ _ _100 78 88

TEE & SAFE Am Thread pref.. _5 d 4 4% Consol Car Heat 100 60 70 Houston Oil ctfs 100 17 18

DEPOSIT Am Tobacco...._100 196 198 Cons Ice(Pittsb)..50 d 4% 5 Preferred ctfs 100 61 63

STOCKS Per cent. Pref erred_ _ __100 105% 106% Preferred 50 35 Div oblig_ _ _ F&A d 80 82

Amer Surety_ _ _ _ 50 108 113 Am Type Foun_ 100 41 44 Cons'd Water Hueb-Tol Brew_ 1001 4

Bond & M Guar100 285 290 Preferred_ _ _100 93 96 Utica 5% pref 100 67 Ic 75 Preferred _100 6

Casualty of Am_ _75 AmWW&Elec 7% pref 100 105 107 Hutch Sug Pitn_25 d 28% 29%

Chicago T & Tr_100 230 Common _ _100 7 7% Consumers Co_106 25 26 Hydraulic Pr Br 100 2

CitySD(AlbNY)100 125 First pref 100 54 Preferred_ _100 75 76 Preferred 100

Columbia Title(Washington)__ 5 d 4% 534

Particpref __100Am WinGlass pf 100

14%100

16% Cont Can 100102 Preferred.. _ ...100

8334107

85109%

Illinois Brick.. _ _100Indepen Brew'g_50

81d 2%

82

Fidelity&D (Md)50 d 133 135 Am Wind Glass Corn Prod Refg.100 20% 20% Preferred 50d 153 16

lstMg Gu N Y_100 90 100 Mach 100 49% 50 Preferred_ _ _ _100 94% 96% Ingersoll-Rand 100 235 245

K C (Mo) Casual.. d 6 6% Preferred _ _ _ _100 151 Cosden & Co com_ 5 d 19% 20 Preferred.. ___100 n 105 107

Kentucky Title_100 110 Am Wool (Mass) 100 503. 50% Cramp (Wm) & Intercont Rub .100 133. 15

Lawyers' M Co_100 168 175 Preferred_ _ _ _100 993, 100 SonsSh&EB1d100 Int Agr Cor com100 19 20

Louisville Title.. 100 126 128 Am Wringer...._100 95 Vot trust ctfs___ 80 82 Preferred ......100 . 59 60

Maryland Cas Co25Mortgage Boud.100

dy 80114

82119

Preferred_ _ _ _100Am Writing Pap100

109%3

115 Crescent City.Slaughter-se_50 3% d 45

Internat Arms....25Intern Banking. 100

d 17160

20163

Nat Surety Co..100 214 216 Preferred_ _.._100 193, 1934 Crex Carpet_ _ _100 45 49 Inter Button Hole

N Y Mort&Sec_100 85 95 Assets Realist' ..100 3 5 Crock-Wheeler. 100 102 104 Sew Machine_ 10 d 33. 334

N Y Title Ins Co 100PacificCoastCas'Ity(San Fran)_ _100

RE T Ins (Wash) 100Rhode Isl S D_ _100

40

n 79110

48

85

Aaso Mer 1st pf_ 1002d preferred_100

Associated 011 100Atl Gulf & W

Ind SS Lines_100

58

66

293

62 •

67

30

Preferred _.._..100 Cuba Cane Sugar

Corp corn (no par)Pref 100

Cuban-Am Sug_100

101

d 6797240

103

67X97%245

Int EducationalPublish'g com _ 50Preferred 50

Int Harv of .N J 100Preferred. ___100

1,31101153

21011001194

SD&TrCoof Ba1100 650 Preferred.._ _ _100 x 473 48 Preferred_ ___100 102 108 Int Harv Corp_100 73 75

St Paul Title&Tr 50 d tlas Powder_ _100 235 240 Curtice Bros_ _ _100 150 160 Preferred _ _ _100 100 106

Title Gu Tr(StL)100 110 Preferred _100 103 105 Preferred _100 114 Inter Mere Marine

U S Casualty.. 100 185 200 Autosales Gum & D H Holmes Ltd100 142 150 Corn 100

USFidel&Gu(M)100 218 220 Chocolate _ _ _100 Davison Chem Corp 61 62 U S M & Tr ctf 163 17

US TGu&Indem100 50 60 Babcock & Wll_100 x 121 123 Deere & Co pref 100 93 95 Pf Cent Tr ctfs__ 6934 70

Westch & Bronx Tit Baidw Loc Wks 100 104% 10534 De Long HookInt Motor 100 18 24

& Mtg Guar _100 167 175 Preferred _ _ _ _100 107 108% & Eye 100 60 62 Preferred..100 38

MISCELLANEOU S Baltimore Tube.. s 119 Denver Un Wat 100 20 22 Int Nickel vtc___25 d 4734 47%

Adams Express_100 141 145 Preferred s 96% Pref certfs_ _ _100 20 22 Preferred vtc_100 107% 111

Advance-Rumely— Bar & Smith Car100 5 15 Diamond Match100 104 105 Inter Paper_ _ _ _100 11 11%

Corn w 1 100 16 18 Preferred_ _ _ _100 20 45 Dist Sec Corp__100 46 47% Preferred_ _ _ _100 48 50

Pref w 1 100 39 41 Barrett Co 100 1593 160 Dixon (J) Cruc_100 235 260 Inter Salt 100 40 41

Aeolian-Weber— Preferred..___ 100 116% 119 Dodge Mfg pref 100 97 100 Inter Silver_ __ _100 90

Piano & Plan-100 25 30 Beatrice Cream 100 180 Dominion Bdge.100 208 208% Preferred_ _ _ _100 95 100

Preferred.. _ _ _100Aetna ExplosivesNew stk (no par)Preferred.. _ _ _100

65

d 2281

75

2383

Preferred _ _ _100Billings& Spen_ _25Bliss E W) Co__50

Preferred 50

100d 87dx390d 75

8840585

Dominion Glass 100 Preferred ..___100

Driggs-SeaburyOrdn Corp ..100 138

3088

142

Int Steam Pump wlPreferred_ ___ w i

Int Text Book_ _100JR Montgomery 100

38973078

4110032

Alaska PackAssn100Albany (N Y) SafeDep&Storage 100

100%

125

Booth Fisheries_1001st pref 100

Borden's Con M 100

31%733112

3275112%

duPont (E I) deN Pow (new)_100Common (old)....

z 343105

350107

Jewel Tea 100Preferred _ _100

Johnson Tin Foil

8334110

8311034

Allis Chalmers Mfg Preferred_ _ _ _100 106 108 Preferred_ .....100 100 105 & Metal 100 140 160

Com v t c____100 29 2934 Bost Belting___100 8 120 du Pont (E I) de NJohns-Pratt Co_100 295 305

Pref v t c_ _ _100 x 76 77 Brill (J G) 100 41 43 & Co deb stk_100 107 107 K C Stk Yds of Me

Am Agri Chem_100 67% 69 Preferred.. _ _ _100 95 97 Eagle Lock 25 d 62% 631 Common _ _ ....i00 69 75

Preferred_ _ __100 96 97 Bristol Brass... _ _25 d 63 65 Eastm Kod N J 100 610 625 Preferred.. .._..100 78 82

Am Bank Note_ _50 d 41 45 Brit-Amer Tob__£1 d 15 16% Preferred .....100 118 Kayser (Jul) &Co100 83 87

Preferred 50d 50 51 Ordlnary bearer d 15 16% Elec 13(1 & Sh pf 100 a 1001st preferred 100 111

Am Beet Sugar_ 100 71% 7134 British Col Pack 100 113 Elgin Nat Watch 100 145 150 Kelly-Springfield

Preferred...... _100 933. 95 British Col Fish Ely Walker Dry Tire corn 25 7434 75

American Book_100 175 190 & Packing_ _ _100 6134 62% Goods 100 1143. Preferred _ _ _ _100 96 97%

-Am Brake Sh&F100 Broad Brook Co_25 d 19 21 1st preferred..100 104 Kentucky Wag_ 100 63 66

Bkrs Tr ctf dep 95 104 Brown Shoe_ _ _ _100 55 58 2d preferred_100 7934 82 Keyst Watchc'e 100 65 70

Preferred _ _ _ _100 Preferred.. _ _ _1.00 97 99 Emerson-Branting- Kolb Bakery pf _ _ 10 75 80

Bkrs Tr ctf dep 188 Brunswick-Balke- ham 100 17 20 Kresge (S S) Co-10

American Brass 100 270 272 Coliender pf _100 107 100 Preferred _ _ _ _100 60 55 New stock...10 d 12 13

Am & Brit Mfg_100Preferred .......100

1850

28- 80 ,

Brunswick Term& Ry Sec_ _ _ _100 9 10

Empire Petroleum 5Fairbanks E & T.500

d 8d 250

8% Preferred Lake Sup Corp_ 100

d 10u

1034113410%

American Can_ _100 613, 6134 Burns Bros_ __ _100 82 84 Fajado Sugar_ _100 96 98 Lake Torp Boat .10 d 9 10

Preferred ...... _100 111 1113/2 Preferred.. _ _ _100 1063- 110 Far & Ship Tob Lake or toe Woods

Am Car & Fdry 100 68 683, Bush Terminal_100 11234 11634 Warehouse ...100 5 Milling 100 130

Preferred_ _ _ _100 11434 117 Preferred _ _ _ _100 86 90 1st preferred_100 100 Preferred_ _100 120

Am Caramel_ __100 2 Butterick Co.. _100 28 29 2d preferred_100 25 Landers, Frary

Preferred_ _ _ _100 15 30 Calif FrOttnAssn100 1243 126% Farm Riv Pow_ _25 d 30 & Clark 100 62 63

Am Chicle 100 55 58 Callfornia— Fay & Egan pref100 40 70 0Lanst Monotype1100 77%

Preferred_ _ _ _100 823 86 Petrl'm Corp_100 23 23% Federal SugRefg 100 61 63 Laurentide Pap 0 x 18706y

183

Am Cigar 100 125 135 ?referred _ _ _ _100 51 51% Preferred.. ___100 93 95 Lee Tire & Rub (t) 5178 52

Preferred.._ _ _100 99 101 Calif Wine Assn.100 26 30 Gair (Robt) Co pf_ 100 102 Liberty Mills__100 90 100

Am Cotton 011_100 53 54 Prefersed_ _ _ _100 693 70% Gen Asph com_ 36 37 Ltg&Myers Tub 100 248 249

Preferred_ _ _ _100 101 102% Calumet & Chic_100

Pref 100 71 72 Preferred.....100 118 119%

AmCreditIndem100 1053 115 Can dr Dock_100 45 50 Gen Baking_ ...l00 6 7 Lima Locomot- 100 20 22

Am Cyanamid_ 100 51 54 Canada Cement 100 54 54 Preferred_ _ _ _100 48 50 New corn w i..100 37 40

Preferred ____100 66 67 Preferred.. ___100 92 92New pref w 1100 05 95%

a Purchaser also pays accrued int. d Price per share, not per cent. e Par

n Nominal. o Ex-cash and stock dividends. r Ex-subsidiaries. a Sale price.

of 5% and 19% in Anglo-French bonds. t Without par value.

value $500. h Par value $1,000. k Last sale. 1 Par value $100.

t New stock. x Ex-dividend. y Ex-rights. a Ex-special cash div •

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

APR., 1916.1 MISCELLANEOUS STOCKS.-STATE AND MUNICIPAL BONDS. 49

Stocks. Bid. Ask. Stocks. Bid. Ask. Stocks.-

Par.Lit Brothers_ _ _ 10 Loose-WilesBis_100

1st prof 1002d pref 100

Lord & Taylor 1001st pref 1002d prof 100

Lorillard (P) _ _ _ 100Preferred_ _ 100

LoulsyTobWhse100Preferred__- _100

MacAndrews &Forbes 100Preferred

Mackay Cos_ _ _100Preferred____100

Manhat Shirt__ 100Preferred_ _ __100

Manufact'd Rub 10 Preferred_ _ _ _ 10

Mann Co Water100 Marlin Arms com (t)Preferred _ _ _ _ 100

May (The) DeptStoresCo corn 100Preferred_ _ __100

Maxwell Mot_ _1001st pref 1002d prof 100

Merg Linotype_100Mexican Petrol_100

Preferred_ _ _ _100Midwest Refg_ _ _50Mil&ChBrew pf£10Minnep Brew 100

Preferred_ _ 100Moline Plow 1stpref 100

Montgomery Ward& Co, pref 100

Mt Olivet Cemetery(Nashville) _ ..100

Nashville Wareh& Elevator.. .100at Biscuit_ _ _ _100Preferred__ _ _100

Tat Candy.... _ _1001st prof 100 2d pref 100at Carbon 100Preferred.. 100 _100

gat.Cloak&Sult100Preferred_ _ _ _103

gatEnam&Stpg100Preferred_ _ _ _100at Fire-Proofg 50Preferred_ _ _ _ 50

Tat Lead 100Preferred_ 100

gat Ref corn...._100Preferred _ _ _ _100

qat Sugar Refg_100qatomas Co of Calpreferred

qew DepartureMfg com_ _ _ _100Preferred_ _ _ _100

kfewEngCotY'n 100 Preferred.._ _ _100

gew Haven Wat 50q J Zinc 100qew Orl Brew 100Preferred 100

d1678511540201881153"s1584

145997967A53103

dd

d 3178

531013470348554

z 161%1083495

d 64d 11

9295

9234

11334

95

2012134125634

7534175121%74108243496

d 87d 1934

66341131401269534

18

180111

d 863005

k19%189056255035190%1202090

1551018368359118

k WI,k 43%

333481

5510571348534551643410834 100652297100

9734

114

105

3012334127

997718012277

11124349734919346711334

1289734

20

182

27345588305

5234

Par.ST Y Air Brake_100N Y Dock 100

Preferred_ _100NY&E Riv Fy_100 NY&KyCo vtc 106Pt vot tr ctfs_100

Nicholson File_100Niles-Bem-P'd _100

Preferred_ _ _ _100Nor & W Stboat 100North Amer_ __100NWStatesPortCemCommon 100Preferred_ _ __100

Ogilvie Fl Mills_100Preferred_ _ _ _100

Ohio Fuel Oil__ 1Old Domin SS_ _100Otis Elevator_ _100

Preferred__ _100 Pabst Bwg prof _100

Pac Coast Co__1001st prof 1002d pref 100

Pacific Mall SS 100Packard Motor.100

Preferred 100PeckStow&Wilc 25Penn Salt Mfg_ 50Penn Traffic 234 Pettib Mulliken 100

1st preferred_100PhelpsDodgeCo 100Pittsb Brewing.. 50

Preferred_ _ _ _ 50Pittsb P1 Glass .100 PlimptonMfgeo100Porto-Rican AmTobacco 100

Pratt&Whit pf_100PressedSteelCar 100

Preferred_ _ _ _100Prest-O-LiteCo Inc.. _ (no par)

Proc & Gamble_100Preferred_ _ _ _100

Producers' 011 100 Pullman Co_ ..100Pure 011 5Quaker Oats_ 100

Preferred_ _ 100fly SU Spring 100

Preferred _ _ _ _100Reece Button-Hole Machine 10

Reece Fold Mach 10Remington Typow-Common __ _1001st pref 100

2d pref 100Reo Motor Car_ _10Reynolds (R J)Tobacco 100Preferred __ _ _100

RIPerk Horse S 100 Preferred____100

Rich & OntNav 100 Riker & Llegeman(Corp for stk of)5

Royal Bak Pow 100Preferred_ _ __100

Rub Goods M pf100

1421018

4080305172100

z 15268%

10895130

d 1834906491803456796722165

a 103d 3034dz100d

4585285

d 434d 16

117

2151055234102

d 50760

z 192

160d 18343181103934953%

15%334

137238

d 34

465120

17

d 5140101

n 105

1423133%35

4585320178105157683-i

115100134

a 115199566933-83608473241751043432101

k 255963004341811634

22510652'%10234

65800195

1611834

325110344196

16344

1474403434

485122

5341451018%

Par,Rumely (M) Co-Corn tr ctf dep_ _Pref tr ctf dep

Saco-Lowell Co_100Preferred_ _100

Safety Car II&L100St L Cot Comp_ 100St Louis Transf _100Sapulpa Refg_ __ _5Scovill Mfg__ _ _100Sears, Roebuck& Co com___ 100Preferred 100

Securities Corp-General 100Preferred 100

ShreddedWheatCo.Common 100Preferred __ _ _100

Silversmiths Co 100Preferred_ 100

Singer Mfg_ _ _ _100SiouxC'yStkYds100

Preferred_ _ _ _100Smyth Mfg Co_100SoPortoRicoSug100

Preferred_ _ _ _100Spring Val Wat_ 100Stand Coupler _100

Preferred_ _ IOCStand Milling 100

Preferred_ __ _100Standard Oil-SeeStandard Screw 100

Preferred A _100Preferred B_100

Stanley Rule &Level(NBrit)_100

Stanley Works 25Sterling Gum_ __ _5

f _0Stern Bros pre10Stetson (J B)_ _ _100

Preferred_ _100Stewart Sugar_ _100Stewart-WarnerSpeedometer 100

Preferred 100StudebakerCorp100

Preferred .._100Submarine Boat_ _ _Sulzberger&Sons-

Preferred_ _ _ _100Swift & Co 100Texas Company 100

Rights w I Tobacco Prod_ _100

Preferred_ _ _ _100Torrington Co.. 25

Preferred 25Trenton Pott_ _100

Preferred __100Triangle Film____5Underw Typew_100

Preferred_ _ __i00 Unexcelled Mfg..10 Un Bag & Paper 100

Preferred_ _ __l00Union Carbide _100Union Ferry (NY& Brooklyn)_100

Union 011 100

Bid. Ask. Stocks. Bid. ! Ask.

Par.Un Provident_ _100 72% 72%

w 11% 15 Un Sand & Mat 100 75h 76w 23 Un Stock Yds125 130 So Omaha_ ..100 96% 98%105 107 Un Switch & Sig 50 dx 11334104% 106 Preferred 50 d 12434 35% Untd Cig Mfrs_100 61%. 6280 90 Preferred __ _100 109 120

d 1234 12% Untd Cig Stores540 555 of Am com___100 d 94%1 94%

Preferred_ _ ..100 d115 120175 176 United Dry Gds 100125 126 Preferred 100 65

United Fruit _ __100 146%1 146%25 30 Untd Petroleum 100 75% 85 90 Un Prof Shar 1 d 11/ 134

UntdShMachCor 25 dx 56% 56%109 110 Preferred 25 dx 293-4 293.497 100 U S Bob & Shut 100 39 4562% Preferred 100 9989% USCastIP&Fdy 100 20% 21%220 223 Preferred_ _.._100 51% 5229 35 LT S Envelope_ _100 140 14589 92% Preferred___ _100 107 110180 U S Express_ _ _ _100 46 50200 205 U S Finishing_ _100 16 19111 115 Preferred__ _ _100 50 52%60 U S Glass 100 28 29%22% 30 U S Ind Alcohol 100 153% 154103 108 Preferred_.._ _100 103 10692 96 US Play Card_100 170 17588 89% US Print of 0 100 70

weeklyC hronicle U S Realty & Im 100 43% 44%282 288 US Red & Refg 100 1% 2%105 Preferred __ _ _100 1% 1%108 U S Rubber_ _ _ _100 50% 51%

let preferred_100 109% 110%410 USSmRef&Min 50d 68% 68%73 75 Preferred 50d 51% 52

d 134 Va-Caro Chem_100' 44 44%40 42 Preferred_ _ __100 x 107 110385 392 Vulcan Detin_ _100 a 7155 160 Preferred_ _ _ _100 a 25195 200 Waltham Watch100 20 21

Preferred_ _ _ _100 87 8886% 86% Washburn Wire 100 x 125109 111 Preferred_ 100 x 117% 140% 141% Wash Market_ _50 d 18% 111 112% WellsFargo&Co 100 126% 129

dx 36 38 Welsb'chCocom100 k 45Western Stone 100 2

96 97 WestingAirBr'ke 50dx136% 131 131% Westing Auto Air192% 193% dr St Coupler 100 50c.

d 17 17% Westing Mach.. 50 d 25 3545% 46 W Va Pulp&Pap100 110102 107 Weym-Brut Co..100 202

d 4834 49% Preferred 100 114d29 30 Willys-Overiand100 223 225n 4 5 Cony pf rcts_100 102% 103

45 50 Winchesterd 4% Repeat Arms_100 2200 2300

83 89 Woman's Hotel 100 60 70110 115 Woolw'th(FW)_100 122 123

d 3 5 Preferred...... J00 124% 1257% World Film 5 d 1% 1%31% 32% Worthington173 174% (H R) pref _ __ _100 107 110

Yale & Towne_ _100 230 23536% 38 Young (J S) Co_100 150 17074% 74% Preferred 105 110

a Purchaser also pays accrued dividend. b Now stock. d Price per share, not per cent. k Last sale n Nominal. a Sale price. I Ex-stock div.u Ex cash and stock dividend. w Assessment paid. z Ex-dividend. y Ex-rights. t Without par value.

STATE AND MUNICIPAL BONDS.it LI not the custom in quoting municipal bonds to include accrued interest in the price given. Hence this accrued

Interest 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.

Bonds Bid

ALABAMA4s renewal Cl C 1956.. ._J&J4s Currency fund'g 1920_J&J354s renewal Jan 1956.. ..J&JBirmingham 6s ref '23_F&A

tis ImprovSep15 1921_M&SSs School 1924 J&J55 Sewer 1938 J&J5s Fund Sep 30'41_M&S30

Jefferson Co--65 1921 ..A&O6s Dec 11017 J&DSs July 15 1920 J&J4%s July 11031 J&J435 Hospital 1963.... J&J

Mobile-5s Sewer 1942M&N55 School 1943 J&D4345 Refunding 1937_A&O434s Wat & Sew '39..-J&J

Mobile Co 55 ref 1928_M&S55 Ref 1931 J&D5s Road Feb 1932_F&A4s C Ii & Jail 1926 J&J

Montgomery-Os65 May 1 1918 J&J5$ Street Pay 1923_ ..J&J58 Funding 1940 J&J434s Water 1928____A&O434s Sch WW&Sew'44 J&J

Montgom'y Co-55 '35_ A&OBelma-8s '27 OP '10 M&N

ARIZONA430 ref Apr 1938op'28J&J15Maricopa County S D No 15s March 1933 Mar

1009788

Ask

10110090

b 4.5O4.40b 4.50 4.40b 4.50 4.40b 4.50 4.40 0b 4.5014.40%b 4.5014.30%b 4.5014. 30%100 1 102

b 4.50 4.30b 4.5014.40b 4.50,4.40S 4.50 4.40S 4.504.40b 4.50 4.40b 4.50 4.40b 4.50 4.40b 4.50,4.40b 4.50 4.40S 4.50 4.40b 4.50 4.4099 100

ToNei Bonds Bid Ask

Phoenix 43-4s 1950 op'30_J&J 53 School Mar 1933_

_ __ 5s Jan 1 1954 op 1934_J&J 105% 106x

_ __ Prescott-5s 1948 J&J 4.40 Tucson-5s Water 1950 J&J 4.40, 4%5WWMch10'38M&S10 10234 4.40 ARKANSAS4.40 Ft Smith-55 1926____A&O b5%,% 5R4.40 55 W W 1918-1926M&N b533

53' %

St Francis Levee Dist-_ __ Os Oct 1 1943 opt '33_J&J b 5.40

6s 1947 opt 1937 J&J b 5.40 534s 1945-1964 J&J b 5.40 55 1949 opt 1929 J&J b 5.40

CALIFORNIA4345Univ bldgJan5'21-65J&J b 4% 3.90%48 flarb Imp 1985 op '50 J&J b 4% 3.90%4$ Highw July 3 1944__J&J3 b 4 3.9045 Highw July 3 1954 -_J&J b 43' 3.904s Highw July 3 1957 J&J b 49 3.90Alameda-4s '16 to '41_J&D 434s Mun Imp '10-'48 A&O

Bakersfield tis '16-'52_A&O ___ Berkley 55 1942-1951 _J&J --- 55 School 1017-1955_ _J&J

Los Ang-4 Xs '16 to '35J&J b 4.25 4.15 74345 OR Dec31 '16-'37.T&D b 4.25 4.15

--- 434s Harb imp '16-'51 J&D b 4.25 4.15454s Elec plant '17-'51J&D; b 4.25'4.15

--- 434s Aug 1 1923-1942_F&Alb 4.25 4.1545 W ann 1910 to '45 M&N b 4.25 4.15

4.40 45 g 1916 to 1930 J&J 5 4.25 4.153345 Water '16 to '41_ A&Oib 4.25 4.15

4.60 43-js Sch 1916 to '44_J&D'b 4.25 4.15

To'Nag Bonds Bid Ask

ToNei

4.20; Los Ang Co 434s '17-'49 F&A b 4.25 4.15%Oakland-5%s 1916-'43F&A 4.20

4.45, 434s Mun Imp 1916-43F&A 4.204.20 454s Jan 15 1917247_J&J 4.20

434s Sch ttc Jne 16-'51J&D 4.20Oakland S D 45 '16-'44_J&J 4.20Orange Co Ss '17-'45 - ..M&S 4.20Pasadena-4sJan'17-'42 J&J 4.254345 Wat-Pl't '17-'36 A&O 4.25

Pasad S D 4 Xs'16-'22_Sep15 4.30_ Redlands-5s '22-'51 ___J&J 4.30Riverside 5s 1916-'53 _J&D 4.30

_ Riverside Co 50 '25-'54_ M&N 4.25Sacramento 45 Jan' 17-'45 op 4.25434s Sew & Dr '27-'34_J&J 4.25

Sacrarn'toCo 4345'17-46J&D 4.15SanDlego 55 WW'16-'54A&O 4.35

434s 1916-1941 J&J 4.35..__ 43.4s Wh & Han '17-'52 J&J 4.35

San Francisco 5s g'16-'55J&J 4.301.25 5s Munic. 1917-1960 _J&J 4.301.25 5s 1916-1939 M&N 4.301.25 434s April 1922_ A&O 4.301.25 334s g July 1 1916-'44_ J&J 4.301.25 San Joaquin Co 5s'16-'49J&J 4.15-- San Mateo Co 5s '17-42_J&J 4.15

-__ Santa Barbara-55 gold Sch-__ 1917 to 1941 Jan 10 4.30

454s g Aug 1943____F&A 4.30--_ Stockton S D 5s '16-'21_J&J 4.30

CANADA-See page 50.-__ COLORADO-__ 49 1922 opt 1912 M&S

TIntilrlar Ka Clan.. 1 1 (PM RA f0:19934In')

100in4

.. - ..

b Basis. Flat price. a Nominal. a Sale price.

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

51) MUNICIPAL BONDS. [VOL. 102.

4%s Funding 1916-38 J&DHartford-4s 1918 J&J48 g Water 1918 J&J

g June 1 1955_-

_J&DHartf S D-4s Ars'l '17 J&D48 2d North '24 op '04_J&J3s South 1931____M&N3 s South 1955 M&S

Meriden 48 1916-1918 _J&JMeriden (Town)-3%8 1917 to 1924_ M&N

Middletown-4s 1922 _J&Jnis 1921 J&J

New Britain 4s July1 27F&A3%s Sewer 1924 J&JNew Britain (Town)-3%s Sch 1929 op '09_F&ANew Haven-4s 1917219J&J48 Sewer 1916-1925__A&O33s Oct 1916-1924__A&O48 Town 1939 J&J3%s Town 1916-1929_J&JNew London 48 Sch

-

'2'7 J&D33s Water 1926- J&J..J&J

Norwalk-44s Jan 15'5-4 J&J48 g May 1935 J&J3%s (Town) 1918___A&Onis Water '29 op '19_J&J

Norwich-4%s Mar 2 193948 1930 • M&STown 3%4 1925 J&J

Orange-44g Fund '25_ _J&JSouth Norwalk 43%s '42M&NStamford 48 Park 1942 M&N43%s School 1917-1945.J&J

Waterbury4%sSch'17-21J&J43js Water 1917-'71 _J&J43%s School 1922-1953 J&J4s Water 1920-'49 J&J48 Park

1916-1958-_ J&J

nis School 1917-'32 J&JWest Hartf'd 434s, '43 J&DWillimantic-4s 1924.. A&OWindham-4%s 1944 J&J

DELAWARE38 Dec 1 1927 op'02J&DNewCastleCo4 3%s'26-34J&D48 Ref Dec '16 to '24_ MD33%s 1916 to 1920 J&J

Wilmington-4%s '22_ A&O43%8 St & Sew 1934 ..A&O43%8 1928-1937 A&O43%s Bldg-Con '53-62 M&S4881 & Sew Apr 1925 A&ODIST OF COLUMBIA

11.65s Fund cur 1924 F&AFLORIDA

Duval Co53%8'32 op'12M&N15s Road 1939 J&D5s Armory 1944 J&J

Hernando Co Fund 55 1944_Jacksonv 5s May15'24 M&N58 improv t Jan 1 '36_J&J43%s Imp Nov 1936M&N43%s Feb 1937 F&A

Key West 58 1942 J&JMiami bs 1919-1944 J&JOrange Co 5s 1944 J&JPensacola 43%s ref 1941 A&OTampa 55 Jun '55 op '25.J&J

5s Mun Imp '62 op '32J&DFOREIGN GOVTS

Anglo-French ext 58Oct 15 1920 A&015

Argentine Republic-Internal g 58 of '09 s f M&S6% notes-

Ser B Dec 15 '16_J&015Ser C Dec 15 '17 J&D15

6% Tress bds May 15 1920British-Cons23%s op' 23Q-.143%sWar Loan'25-'45.J&D

Chinese Government 5s A&OHukuang Rye 58 J&D 15

Cuban 5s 1944 op 1911_ M&S"Internal" bs Nov 28 1913

optional_ _ _M&N 28"Ext`l" g4 %of-49- opt F&A"Ext'l" g 5s 1949_ __F&A

Dominican Republic-Cust's adm s f 5s'58_ F&A

French 5s Apr 1 1916.._A&OGerman-33%s opt _ _A&ON w 48 irr be? Al) 1 '18A&O5% tress notes Jan 1 1916

Bonds. Bid. Ask.ToNet. Bonds. Bid. Ask.

ToNet. BONDS Bid. Ask.

ToNet.

Canon C'y 58 '31 op '21M&N 100ColoradoSpgs48.29op'14M&S 99

4s Ref Water Mar 1 1941.. 99Delta Co 58 ref'30 op'20 J&D 100Denver bs Oct 1919__ _A&O 103Ss Aug 15 1928 ..F&A 15

Garfield Co-bs refdg May 1933 op '23_ 1013%

Grand Jct 58 '26 op '21_J&J 101Gunnison Co 4s'19op'09A&O Lake Co 4sNov'21op'11A&O 83Las Animas Co 4%s 1931 J&J 99Ouray Co--48 '21 op '11 F&A 85Pueblo 6s Sept 1 1921_M&S b 4.40

PuebloCo4 sref'31op'21J&J b 4.40Pueblo Co

58 1918 11913 J&D 99

D No 20 43%s1932 M&S b 4.40

RioGrandeCo5s'19op'09F&A 99Trinidad 5s '32 op '22 _A&O 101

CONNECTICUT4s July 1 1936 J&J 1073%Ansonia 43%s 1916-44__A&O b 4.20Bridgeport-43%s CH'18J&J 100%43%s Bridge '16-'65 J&J b 3.9543%s School 1916-35_ F&A b 3.9540 Corp July 1919 J&J 99

Bristol-4s Funding '27_J&J 983%Danbury-4s 1920 J&J 9933%s Oct 1941 A&O 90E Hartford-413'24op04A&O 9848 Funding '39 op '29.A&O 96

E Hartf Fire D 40 1931 A&O Fairfield Co 4348 C H '45J&J b 4.20Greenwich 4%s '16-'24 _J&J b 4.10Greenwich (Borough)-

6 4.0599%99%889691859999

4.2598959896

921001009810096%99%

b 4.10100%97%979210298939710099

b 4.10b 4.10b 4.10b 4.10b 4.10b 4.10

98103

b4.20b4.2064.2064.10b4.10b4.1064.1064.10

103%

99%107%10898105%110103%103%98

64% 09898102%101%

95%

91%

101%101%101

74%100

93%8696

85%

101100100101105

102%102

4.10

8510090

4.20%1004.20%

4.20%100101%

4.10%

i:46%;3.90%

-----

4%%4.05%

------

------

------

------

------

------

4.15%------

------

------

------

------

------

------

------

4%------

------

- jai --

------

------

------

3.90%3.90%03.90%03.90%03.90%3.90%

------

------

4.10%04.10%4 10%4 00%4.00%4.00%4.00%4.00%

105

100108%109%100106%110%10484101%100

4.65%100100103%101%

95%

92

101%101%10134

el 574a/ 96%81 .933%7471001

95

-- 66-491%

4:68

Hawaii, Territory of-434s Imp '20 op 1910. ..J&JIs Imp ',11 op '31____F&A48 Impt Sep3'42op'32M&S33%s Imp '21 op 1911__J&J

Japanese Government-43%s £ '25 op '10__F&A 1543%s £ 1925 opt 1910 (2dseries) J&J 10

48 £ '54 op '10_J30 & D 314s £ Jan '31 opt after 1921

Neth'd Gov 5s '18-'30__F&ANorway 6s Oct 15'16.A&0156s Oct 15 1917 A&015

Philippine Islands-45 g L Pur '34 op '14__Q-P4s P Wks & Imp 1935_Q-M45 Impt 1936 op 1916_ F&AManila RR (South Lines)1st g 4s '39 gu op_M&N

Philippine Railway-1st g 4$ '37 s f op gu_J&J

Porto Rico-4s 1917-'33 J&J4s Jan 1 1937 opt '22__J&J4s Jan 1 1944-1950 ___J&J4s g 1919-1956 J&J

Russian 4s of 1902 opt Q-MWiadikawkas 4s Jan 13 '57optional 1916 J&J14

Swedsh 4-33%s 1920_ F&A6% Tress notes 1916_J&D

Switzerland 4s optional J&D5 notes 1918 M&S5% notes 1920 M&S

United States of Mexico-5s g Refunding '44__Q-Jan4s g 1954 J&DFOREIGN CITIES, &c.

Amsterdam 4s 1900-'01_ A&OCopenhagen 4s of 1901 M&NHavana-lst Os 1939___Q-J2d (3s Q-J

Tokyo, City of, bs of 1912-Red anns f beg '16-'52M&S

CANADADominion of Canada-5% notes Aug 1 1916_ F&A5% notes Aug 1 1917_ F&A5$ Apr 1 1921, w I, A&O55 Apr 1 1926, w I, A&Obs Apr 1 1931, w I, A&O

Alberta, Province of-5 deb May 1 1925_ M&N43%% s f deb 1924F&A

Calgary 5s 1933 J&J6% notesMar 15'18 M&S15

Galt 43%s Apr 18 '31_ A&01843%s ElPow J'ne 5 '311.1rD5

Guelph-5s £ 1917__J&D 3158 Cons debt 1920_ J&J

Halifax N S 4sJuly 1945Hamilton 4s 1922 A&O4s Apr 1 1932 A&O45 Elec L & P 1941 A&O

Lachine P Q 5s 1954_ J&DMalsonnenye,Q.641.918_,Esa

Manitoba .5s 1920 5%s May 1 1930

F&Abs Dec 1 1918 J&D4s gold 1930 M&N48 Drainage July 1 '29_J&J -

--- Montreal 5% notes '17..T&D 100--- b% notes 1918 M&NI 9934

bs Dec 1 1945 J&D 43%s May 1954

-_-_.-. 43%s Jan 1944 J&J 4s 1925

4:i6 4s reg May 1927 M&N M&N

4s May 1 1933 £____M&N 4s May 1 1944 M&N 33%s li.fg May 1939__M&N

3.90 New Brunswick, Prov of-33%s Jan 1933 J&J b4s April 16 1921__A&O 16 b

-_ 48 1932 op 1902 J&Jib4s July 3 1930

"4s 1932 op 1902___F&A1. b5j b 43%s Dec 1 1925

_ &13 b- -

N'orth Vancouver,58'60 _J ti..__ Nova Scotia, Pro's, 4s '19 J&J

45 Jan 1 1920.. J&J 4s May 1 1920------M&N.

Ontario, Prov of, 5s '20_ F&A43%s May 1925 M trN b4s 1911 M&N b3%s 1936 (tax-exem) It I b

Ottawa City 5s, '16-'45__J&J b4 %s '25, '34, '35, '44_J&J b3%s Sew Sep 26 '28_M&S b

Quebec, Province of-5s Apr 1 1920 A&O

Quebec City 5s April 1920

33%s g July 1930 jitit'zi bb...._ 4 s 1922

33%s July 1 1931 J&.1 b3',4s Jan 1 1931 J&J b3!s July 1 1933 .Jit J.1 b

Regina 5s 1929 J

6s May 1 1918 M&N St Boulface,Man,58 '31 J&J2

Winnipeg, Man bs 1944.A&O99 ------99 ------

40 June 1 1934 48 Aug 1 1946____F&A 15

99 ------ GEORGIA96 ------ 43%s 1922

434s ref 1935-1945 J&Jc 86 8634 4s July 1 1926 J&J

33%s Jan 1917-1935 J&Ja 843% 86 Albany-5s 1945 J&D

al 723% Athens-5s 1922 Atlanta-

M&Nc 69% 70

43%s Redemp 1916___J&J101 4%s 1922 101 43%s Jan 1 1940

J&JJ

43%s Sewer '17-'40 J&I

100-. 4s Water May 31 '23 J&J

99 1.55 -- 33%s July 1 '31 & '33 J&J99 10034 Augusta-5s 1921 M&N

43%s Red May 1 '24_M&N983% 100 43%s Flood Prot '42_M&N

48 refunding 1934 JSc.150 33%s April 1930 A&O1003% 101 Brunswick-5s Jan '21__J&J1003% 10134 -

Chatham Co-5s '16-'19 J&J3.SO Clarke Co 5s 1923-'41_ _J&J

101 Columbus 5s 1916-'22__J&J 5s W W 1916-1944___J&J

43%s Refunding 1039_J& , Macon-5s July 1923..__Q-.1

43%s Oct 1926 Q-.11003% 1003% 43%s W W 1916-'36J&J

4s Pay & Sew'20to'39_J&19934 10034 Rome 43%s 1926 J&.19934 10034 4s Munic bldg '25-'39 A&O

Savannah-43%s ref '43_J&Ja 56 43%s Drainage 1944 _F&A 85 43%s refunding 1959._ F&A

Valdosta bs 1917-'42..__ _JanIDAHO

43%s May 1 '31 op '21_ _J& '103 107 43%s Highway '35 op '25J&J101 105 4s Jan 1 1934 op 1924_ __J&J

Blaine Co bs Feb'22-'31....I&Jc 773% 78 Boise City 5s '22 op '12_J&J

BoiseC'ySD5s'25op'15M&NShoshone County-

1003% 1003% 5s 1916 to 1924 op '15_J&.11003% 1003% ILLINOIS993% 993s Chicago 4s 1917 to 1924 .1&.1973% 973% 4s World's Fair 1921._J&I963% 97 45 g 1917-1925 Jilt.,

48 g Judg 1917 to '24 J&J94 963% -- 4s g Gen Corp '17-'2&J&'94 95 --- 4s 1917-1931 J&J88 92 --- 4s Ref Wat 1922-1935_J&J9934 101 --- So Park 4s '16 to '24_J&1) 6 Lincoln Park 4s 1923 _J& I

No W Pk 43%s '20-34 J&JW Chic Pk 45 '16-'31 J&.1

Chicago Sanitary District-45 Dec 1 1916 to 1923_J&D4s Sept 1916-1931_ M&S33%s June 30 1918_ _J&D

Cook Co-4s 1916-'25_M&S4s Ser IC 1916-1931 _J&D

98 4s Ser M 1916-1933 __MD99 4s Forest Pres '18-'31.A&O98 33%s g 1917 to 1923_ ...1&.19834 East St Louis-

43%s ref Sept 1 '28_ Sept iMoline 430 1917-'32_ .litilPeoria 43%s '16-'24.__June IQuincy-4%s 1916-117_July4s ref 1916 to 1917._ _July I

Rock Island 5$ 1916-1923... _ 5.15 43%s Refg IOW& 1917M&S 5.15 Springfield 3s ref '20.Sep/ 5.15 INDIANA (see foot-note oi 5.15 oBooneCo4sCE1'16-'20 M&N 5.15 Cass County- 5.15, 045 Bridge 1910-33M&N15

oCrawfordsv 4s '16-'20_ _J&J5.25 5% - - oEvansville-4s Ref '32_J&J5.25 5% o4s Ref 1942 5.25 59 ---- - o• EvansySCy3As16 '17M&N5.25 59 --- °Floyd Co 4s 1917-'30__J&J

24 63%°• Franklin Co 4s '10-'30...l&D

5.25 -_ FtWay---03%sJan 18'20 J&5.25 oFtWayne S D 4s'16-' 23A& 0

5.10 °Hendricks Co- 5.10 4s C fl Jan15'23-'32 J&J 15 5.10 alunt'ton Co 3 %s'16-'21J&J

10034 10094 ___ Indianap-4s Mar 1 '24..J& I5.15 5% 4s Park Imp Jan 1 '27 .1.1r.15.15 5% o4s Fire Dept J'ne 1 '41J&I5.15 50' o33is Hospital 1936_ .J&.15.20 5.05 0 __- o33%s City Hall 1939__J& I5.20 5.05% ___ °Indianan S D 4s '18-'26J& 15.20 5.05% _-- o4s Bldg Sept 1 1916__J& I

99 1003% Jeffersonville- J&.1oUis July 1 1941

99 100 0350 Refund 1925 M&N5. 15 5% °Knox Co-4s 1916-'20-MD5. 15 59oKokomo4s '21-26-31__M&45.15 5e oLafayette 4 %s'20op'15 Itz D5.15 59 oLa Porte Co 5i '16-'28 J&I.)5.15 590 oLoganspt 3 %s'26op'16 Li: I 6 o4 qs Sch El '17-'37J&D 1 -, Marion Co-4s Ref '27 J&D

6 o”is Bridge 1924 J&.10330 Refund 1925_ ..J& D

993% oRichtnon(1-4s 1927__ Mrs101 oRichm Sch C 4s '16-'19F& A5.10% oSt Jos Co 330 '22-'24..A&()5.107 o3 %s 1917-1926_ - F&.%5.100Z

5.109 South Bend School District

South Bend-o4s 1925__J&J.5.10% o3348 Nov 1 1918____M&N

3.10e

55101' o4s Apr 17 '18-'27___F&A

'17_ A&O5.1090

Teortrse Olioatutte,--27 opt

o13 Sewer 1930 - P& A5.10% oTerre EI SchCls'16-131M&S5.1090 oVigoCol %Dec16'16-27.J.IrD

048 Bridge 1923._ .__J&J

913% 933% _. INDIAN TERRITORY (See6 IOWA6 Boone 43%s 1917-31 M&N6 Burlington 43%s '16-'33M& N

Cedar Rap 43%s '16-118...1&J4s 1916 to 1919 J&D

------

------

Saskatchewan. Prov of-5% gold deb 1918..,... F&A 99

SoVaneouv,BC,6s '18 op '16. 100Toronto 43%s 1923 J&J b 5.204 s July 1 1924 J&J b 5.2043%s July 1 1925 J&.1 b 5 2043%s July 1 1948 J&J b 5.2043%s Jan 1 1949 J&J b 5.2043%s July 1 1953 J&J b 5.2043%0 Jan 1 1955 J&J b 5.2048 St Imp July 1922 _J&J b 5 .2049 £ July 1 1948 J&J b 5.204s July 1 1918 J&J b 5.203%s July 1 1944-'45 J&J b 5.20

Vancouver, B C-43%s Nov 30 1924__M&N4s St Imp Sept 9 '22M &S94s St Imp Sept 9 '27 M&S948 St Imp Sept 9 '32_ M&S9

VietorlaBC434q-Tan21 '24.1.105s Feb I 1919 F&A

6665.105.105 105.10

looloo _99 _99% 5.15

5.15100%100% 5.15 5.15

b 4%100

3.0071014

4.204.204.204.204.20

4.05%4 05%4 05%4 05%4 05

4.204 0574.30 4.25%4.30 4.2574.30 4.254.30 4.254.304.25%98 1 1014.40 4.25%4.40:4 254.40 4 30 04.40 4 30%4.404.30%4 25 4 10%4.254 10%4.25 4 10%4.25 4 107',,4.35 4 2574.35 4 25%4.254.050/4.25 4.05%4.25 4.05%4.504.35%

b 4,2599

100100

100

100

-----

-----

5.305.305.30

3.90

3:664.504.40

4%

4:83

3.903.903.903.903.903.90

3:583.9543.95

3.95 3.95

3.95 3.90 3.90--- _ 3.90

b4% - .975 3.90

b 4.10 4%

4:16 g'0

o 973%

oolg lAtz; )

o 98o 980100ob 4.15

b 4%ob

0

------

------

3.00%3.90%4%

o_

o_oo

0

o -o _o_o.Oklari oma)

b 4.30 4.15%

4.204.10

4704.10

4.104.10

3.703.703.70

43.703.703.703.703.703.70

3.703.703 703.703.703,703.7044,13 703 703.703.703.703.703.703.70

3.70

3.703.703.703.703.70

4.10

4.104.10

to the Z. 1 In London-.after that date by tate

68q.i 553%% 5

b Basis. cOn basis of $5 to the S. d On the basis of 4 marks to the dollar f Flat price, /s On the basis of $4.8623

n Nominal. o Tax-exempt; under a law approved March 9 1903 and which went into effeo4 Aprii 23 1903. bonds issued

or municipal corporations are tax-exempt, and tnese sell oa a batter bsils. a Sala price.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

APR., 1916.] 51

Bonds Bid.

Cedar Rapids School Dist-45(s June 1 1021____J&D

Council Bluffs-4%s Wat-wks '16-'30M&N 4%s Fire Eng H'se '20 J&J

Council Bluffs School Dist-4s ref July 2 '20 op '15 J&J

Davenport 4s 1016-'29.M& N DavenportSD4%s1921. J&D 4%s Sch Bldg 1925J&J

Des Moines bs '16-'21 4%5 1916-1931 M&N

Des M Ind S D 4%5'32_J&J 48 City Hall t916-26 J&J

Dubuque Co 43-is '21-131J&J Fremont Co bs 17-'35_ _J&J Greene Co 59 1920-25 _A&O Jackson Co be 1916-30_A&O Marshalltown Ind S D-43s July 1922 _ J&J

O'Brien Co Os 1920-25_ F&A Polk Co 4%8 '22-'32_A&015 4s Court House'16-'24A&O 3%s CL House'16-'17.A&O

Sioux Cy-58'17 op'15 M& N 4s Jan 1919 opt 1914_J&J

Waterloo-4%s W W Jan 15 '30_J&J

Woodbury Co bs '25-'32.J&J

KANSASAtchison Co be ref 1916_J&J 100

4s Refund '29 op '14__J&J 98Emporia-4%8 Dec '29 op '19__F&A 99

EmporiaS D4 %s• 32op'22J& J 09Ft Scott 4348 '35 op •10_M&S 99Hutchinson-5s 1931 _ A&O4%s Pub Bldg'61op'31J&J

Kansas City-Os Jan 1 1917 F&AOs Feb 1 1918-1925_ F&A4%s Wat&E1L '18-22 A&O44s Sch Bldg 1929___J&J4%s Wat Plant Pur'39J&J434s Refg Feb 1 '29 P&A

Leavenw.-4%s '16-'21_J&JMorris Co 4%s '16-'23__J&JSedgwIck County-

5s Fund 1925 op 1915_J&J4 %813'ge Oct'27op'17_J&J

Shawnee Co-4s 1924._ M&NTopeka-

5s Top Wat Sept '26_ _J&J44s Flee Light 1929.J&J4s Water April 1 '24_A&O3%s Refund 1919____J&J

Topeka S D 4s Jan 1925_J&JWichita-

5s 1929 opt 1919 J&J4%s 1923 A&O

Wichita School District-4%8 July 1 1923 J&J

Wyandotte County-4%s Bridge '32 to '41 1,&A

KENTUCKYTax-exempt: an amendmen t to th

Lion of Kentucky passed at the Nov.19provides that all bonds of muni cipal cnow issued or hereafter to be iss ued shexempt.Covington-4%s W W 1919-1951_ _48 Redemption 1922_1?&A45 Water 1927 J&J48 Fundg 1952 op '42_F&A

Fayette County-43is g Fund 17 to '24 .J&J

Frankfort 4 %s '27 opt '17J&JFranklin Co 5s '16 to '24_J&JLexington bs RR aid '18 J&D

48 Feb 1945 F&ALexington S D 45 1933 .J&DLouisville-4%s Hospital 1951 M&S43.s School impt 1954A&Ots Mun Imp 1923 ___J&J4s do Dec 1 '28 Q-M4s Park 1930 J&J4s Ref'g July 1 1937. _J&J48 Sewer 1947 F&A343s g Ref'g 1940 M&N

3s ewer & Park 1941_J&J3 s Refunding 1043. J&J

McCracken County-/Ss Ref 1933 op 1913.M&8 9958 Ref 1933 op 1923_ M&S 64.40

,Owensboro-48'31 op'11 J&J 964s Street min op 'US .1,4/.1 96

Paducah 4%s '18 op '98J& D 984s Oct 1 1920 A&O 96

64.2564%b4.2564.2564.25b4.2564.30

969797

9964.3064.3064.4064.30

LOUISIANA58 Port Commis'n'20-'54A&OSi Port Commis'u '24-'59J&J58 Port Corn '23-'55J&D4548 Ref 1916-1064____F&AAtchafalaya Levee Dist-58 Ref 1949 op 1939_M&S

Bossier District Levee-6s 1922 opt 1912___M&N

Caddo District Levee-58 1951 op 1041 J&J

Fifth District Levee-Os 1950 opt 1940 J&JOs 1952 opt 1942 J&J5s Oct 15 1962 op '52 A&O

Lafourche Basin Levee-Os Jan 1954 opt 1944 J&J

Lake Borgne Dist Levee-Os Dec 1952 opt 1942_J&D

New Orleans-S's (0 S & D 8 July'22.Q-Jtis Premium J&J58 Prernlutn (dr num) _J&J4s Floating debt 1948A&O48 Constitutional 1942.J&J48 Public Imps 1950 opt1942 (old Ise) M.;

ds Pub Impt'42op'28_Jda

108109102102102102102929282

Ask.ToNet

MUNICIPAL BONDS.

Bonds Bid. Ask.

Orleans Dist- 4.10 Os July 1959 opt 1929_J&J

Plaquemine Parish E Bank- 4.10 5s Oct 1952 opt 1942_A&O

4.10 Pontchartrain District-D 6s 1944 M&N

4.10 Red River A & B B Dist- 4.10 bs 1950 Series B____A&O 4.10 5s Meh 1053 op '43_ _M&S 4.10 Shreveport- 4.10 43% WW & Sew '16-'54J&J 410 4..10 MAINE 4.10 5s June 1 19141 J&D 4.10 48 July 1 1917 J&J 4.10 4s Sept 1 1916-1953 M&S 4.10 4s Highway 1917-1936_M&S 4.10 Auburn-354s 1925____J&J

4s 1935 & 1940 J&J 4.10 Augusta- 4.20 48 Ref 1916 to 1919F&A 4.10 Bangor-isRef Water'35J&J 4.10 4s Fund '20-'30 tax ex.J&J 4.10 Bath 4s Ref 1941 J&D 4.10 Belfast-4s 1018. F&A 4.10 Biddeford 4s '16-'35___M&N

Cumberland Co 334s J'ne '21 4.10 Gardiner Water District- 4.10 4s Jan 1934 J&J

Kennebec Water District-334s g 1920& 1925 _M&N

Kittery Water District-99 Os Jan 1917 to 1938 J&J

Lewiston-5s 1917____A&O100 4s g Oct 1927 A&O100 ___ Portland-1004s Aug 1 1929 F&A 4:55 4sCity Hall 1926 to'45A&O 4.30 334s g Ref July 1922_ _J&J

Portland Bridge District-4.159' --- 334s July '16 to '39__M&S43170 ___ Portland Water District-4.15% 4s Funding 1928____J&D4.15% -__ Rockland-354s 1917_ F&A4.15% -__ Saco 4s Apr 1939 A&O4.15% -__ Washington County-4.20% __ 45 1928 opt 1923 J&J 4.30 Waterville-4s g July 1 1927

334s Sept 1935 M&S4.304.304.40

4.204.204.204.204.20

4.204.20

4.20

4.10

e Coast itu-15 elec tionorporat ionsall be t ax-

089999

1004.254.254.35 04.15%

110------------

4.00

Zig

------

------

------

------

1004.30%88989997

64.55 4.4064.55 4 40 064.55 4.40%64.10 4.05%

103%

104

105

100

106

106

112%/300/3508596%

------

------

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------

------------97

107

99

116

104104

------

------

------

------

104%100%63%%

95b4%

09%100

63.85b 4%99

b 4%97%

96

64%%

100101%100

10010095%

b 4.15

100984.10

999990

ToNet.

4.30

3%%63% %96

3.85%

4%%

--------

------

------

------

4%

102

--------

-----

MARYLAND4s 1926 to 1928 101% 101%4s 1928 opt 1923 j,grj 101 1015448 Jan 1 1929 jsc,1 1013j 10134

48 Roads 1918-1930___F&A 10131 F&A 101

1015445 1917-1929

354s-July 1910 opt 1914_J&J b 4% 3.90%354s Roads 1923 to1928 b 4% 3.90%Annapolis 4%s W W '42A&O Baltimore-4%s Mar 1 1917-55_ M&S b 4% 3.05%4%s Mar 1 1955____mMt&NS45 Nov 1 1920 b1004% 31.0950%%45 Water 1926 M&N 100 100%48 Aug 1 1951 F&A 100 looq45 Annex 1954 J&D 100 1003145 Parks 1955 M&N 100 1005148 Mch 1 1961 M&S 100 1009(48 Aug 1 1961 354s July 1 1930

F&A 10902 190254

334s Imp 1940 J&J 9134 92354s March 1945__M&S 91 92354s Refunding 19J52.. J&J 91 923 Sew'age Imp '80_Ajdette0j 8951. 98273%s Jan 1 1927

Cumberland 4 %WW'41A&O 4s Water 1923 F&A

Frederick-4s 1018 opt 1903 -- - .140 MASSACHUSETTS

45 1916-52 (tax exempt)Var. 34, 354%334s g Oct 1918 J&J 98334s gold Nov 1923__M&N 96% 974334e Only 1 1935 J&J 934 94%354s Water 1942 j&J 933 g July 1944 Acts 923s April 1 1929 38 g May 1929 -- _ --- M&N 88993s Met Sewerage 1931L M&S 8635 g July 11930 J,ki 853438 g Water Jan 1 1941 J&JArlington-4s Water '22.J&J 99Attleborough-4s 1924 J&J 9954------354s March 1935_ _M&S 00

-

Beverly-4s Water '17_ F&A 99 _4s Sewer 1916-36___A&O 99nBoston-4%,s Tun 1960 tax ex.A&O4s Water 1919 45 Park 1920

A&OJ&J

48 July 1936 .J&J4s Apr '16-'37(tax-ex)A&O4s 1916-1939 (tax-ex).J&J4s Tunnel & Sub '48.J&D45 Sub 1957 tax ox. A&()45 Sub 1958 tax ex_.__J&J4s Tun.&Sub'59 tax ex..1&J334s Water Apr 1 '17_ A&O334s Imp Sew'age '19.J&J3%s June 1 1923 J&D3%sJune 1 1924 J&D334s June 1 1932 J&D 943%s June 1 1934 J&D 933-334s July 1 1935J&J 9354334s June 1 1943 J&D 9234334s June 1 1944_ J&D 92334s July 1 1945 J&J 923s Jan 1 1921.... J&J 9554

Brockton. 4s May 1927 M&N 100354s Water 1932..__M&N 9354Brookline-4s Water 1910 to 1023.J&J 100

Cambridge-4s Water Dec 1 1917_J&D 100 _354s Water May '25_M&N b 4%3-.907703s Bridge 1041

Chelsea-4s Park 1936_APSt&OA 9'92 4Everett-4s Sew 1929_M&S 4-9 4Fall River-49 Municipal, 1022 P&A 9934354s Water Feb 1930_ F&A 93% -

------

------

------

107% 108%99% 100%93% 100%100% 101%102%1023-4 ______102x1 ------102%1 -----102%1 -------102%1 ------99 ------98 ------96% ------96%

------

------

------

------

--

------

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---------

------

------

Bonds Bid.

Fitchburg 4s 1922 334s Water 1926

Ailtd3 9995%

Gardner-4s Water 1916-1934_M&N 4.10

Gloucester-3%s Water '16 to '31_A&O 4.10

Haverh111-4s 1927 J&D 100Holyoke-4s g 1927 J&J 100334s Dec 1916-1932_J&D6 4.10

Lawrence 48 1924 J&J 99q48 Mch 1 1917-22___M&S 93

Leominster-4s g 1926_A&O 100Lowell-4s Water 1920.M&N 100Lynn-4s July 1927 J&J 100354s April 1 1932____A&O 64.10

Malden-45 1924 334s Water July 1 '24M_ANJ 199594

Marlborough-4srly'26.J&J 100Medford-4s 1917 M&N 99%45 Feb 1930

Melrose-4s June 1024. MD 110909 ------Methuen-4s 1928 F&A 99% ---Middlesex County-4s 1916 to 1924

Milton-354s '16 to '32_Fj&&DA b644%% 33..99097New Bedford-454s 1917 49 Water Apr 11920 AA10°

110000%

4s Sewer 1916-41 (taxexempt)

Newburyport-

M&N 3.703%s 1923

334s Water '16 to '34.JF:AD 9"Newton-4s Water Aug 1935 F&A 10133-4s Water Dec 1926.J&D 9534

Northampton-33.4s g 1916 to 1926__J&J 4.10%

Pittsfield-43 Seh May15'16to'17M&N b 4.10

Quincy 45 Sep 3 '16-'22M&Sb 4.10354s April '16 to '39 _ A&O b 4.10

Salem-4s 1916 to 1920.J&D99744s Jan 11932-1954

b 35

Somerville-48 July 1916 to 1919 ..J&J

Springfield-45 g School Jan 1917_ _J&J 100334s g 1916 to 1918___J&J 983%s School 1925J&J 9038 Sewer 1930

j&tD 8Taunton-4s 1927 JD 1009%354s Sewer Dec 1 '30.J&13 94

Wakefield-4s Water 1916-1933 .A&O 9954

Waltham-3%s July 1920 Mr.; 97

Watertown-4s '16 -'34_J&J 9954

W3lAses1t9e1r7_10 192D J&J U4.1

4s SewerDec 1 '18-'24.J&D 9934Worcester 4s 192210048 Jan '23 (tax exmt)AXJ 334s Apr 11022

MEXICO A&O 97

See Foreign Gov'ts page 50

MICHIGAN (See foot note (o)Alger Co-58 Road '22F &AAnn Arbor School District-

48 Sept 1916 & 1935_A&O -Battle Creek-5s Water 191610 '17_ M&S 48 City Hall 1927-'36F &A

Bay City-5s 1920 M&S48 1934 J&J

°Bay Co-5s Dec 12 '19.J&D o4s Ref Dec 15 '23 J&D

Detroit-4s Sewers Apr 1 '22_ A&O b 3.95 3o4s Mar 1 1944 M&S 6 3.95 33.65s Pub Imp 1918 J&J 6 3.95 33340 Park 1930- M&-4 6 3.95 3

°Flint 4%s '16-'39 F&A °Escanaba 454s 1917-30 J&I

Gladstone-454s 1919_M&N Grand Rapids-43,4s Flood Protec'33 M&s 6 3.95 3 90

'4s Water Nov 15'29..M&Nb 3.95 3.90%Highland Park 5s 1928_ _J&J04549 Sept 15 1934. _M&S

Holland-48 Ref '17'23 FebKalamazoo-o 4%s Sewer& Imp '16-'25 J&J

Lansing-Os 1916 to '23.J&D4s Water 1920 f&J

Marquette 334s 1926_ T& 1Muskegon-5s Water 1916-1925 J&J454s W W 1917-'44_ ASO4s May 1 1934 M&N

Muskegon School District-58 1942 July

Muskegon County-43.4s Jan 1 1932 J&J

Port Fluron-4s Ref'g 191949 Jan 1 1932 J&J334s Park July 1 '20_J&.1

Saginaw-4%s Wat May 1 '25_M&N4s Sewer July 1918_ J &J334s Wat Mch 10'20.M&S

Sault Ste Marie-58 Ref'g Apr 11917_ A&O454s Bridge July 1 '20.,1&.14s gold July 1 1932_ _J&J

Wyandotte-4%s 1934.J&D

MINNESOTAAltkenCo440Dec'16-'24Au 4.20Beltrami Co 454d'16 '24.J& 4.30

Cass Co-Os CL [Use '1292-A 29 0rBlraavitleCrd-5s Nov 19 4.30

4.80

4 30

5%s Ditch 1923-34_J&D

o-434s 1916_ --J&J b 4.504.30% ---Duluth-

5s g Water & Lt 1926_J&J 6 4.20 4.1543-4s g July 1 1926.. _J&J b 4.20 4 1549 g Water & Lt '28..A&Ob 4.20 5 15 Q --48 Water dc Lt 1936_A&O b 4.20 4.15% ----

TsAsk. NW.

-

------

------

------

------

------

------

------

------

------

33i%

4%

--------

4%

444%

------

4%

------

3%

4.15

4.10

4 4

4.304.304.20

4.20

85%857085%85%

b 4.10

90%

4

Zia4 10

4.104.104.104.05

4.104.104.10

4.10

4.104.304.304.30

4.104.104.10

9392

03%------

b Buda. f Flat price. n Nominal. o Tax exempt; under a law approved May 13 1903, and which went into effect Sept. 1 1909, bonds issued.after that date by municipal corporations are tax-exempt and these, accordingly, sell on a better basis.

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

52 MUNICIPAL BONDS. [VOL. 102.

Bond Bid. Ask. ...

Duluth Ind School Dist-55 May 1 1923 M&N 64.20430 Feb 1 '40 op '30_ FdcA 64.2045 1934 opt 1924 A&O 64.20

Hennepin County-430 Ct H Apr 1924_A&O 64.10

Koochiching Co 55 '19-'33 J&J 53ti Ditch 1921-35_J&J

Minneapolis4%s Impt 1916-1935_J&J 64.0543s g July 1920 J&J b4.054s School Jan 1927_ _ _J&J 64.0545 Mayl, 1927 M&N 64.054s School Jan 1 1935_J&J b4.0545 Improvem't 1937_ _J&J 64.0545 Improvem't 1942 _J&D 64.05de 1944 A&O 64.05330 School Jan 1 '29_ J&J 64.05330 Water-Wks '32__J&J 64.05

Ramsey Co-33is May 6 1921 M&N

Red Lake Co-530'20_A&O St Paul 430 Sept 1917 M&S 64.05435 Water 1918____M&S 64.054 5July 1935 _____ __J&J 1064o Park June 1 1943J&D b4.054 5 Sewer July 1 1943J&J 64.054 sWater Aug 1 1943F&A 64.054s Ref March 1 1939_M&S b4.0545 Sew'age July 1 '39_J&J b4.0545 March 1 1940____M&S 64.053%5 April 30 1922_ _M&N b4.05

South St Paul 5345 ref '33 J&J MISSISSIPPI

430 1919-1934 J&J6 4.2040 State Jan 1 1919_____Jan b 4.2033o Refund Jan 1 1927_ J&J b 4.203 s State 1934 op '14- J&Jb 4.20Greenville 65 1920 J&J 5s Refund Sept 1927_ M&S

Jackson 5%5 July 1 1933J&J 55 Wat Aug 1 192855 Water 1930 F&A 58 June 1 1932 J&D

Meridian-6s May '24_May 58 Dec 1 1939__J&D 4%5 Sch House 1941__J&J

Mississippi Levee District-55 May 2 1944 M&N 103 10555July 1 1953 J&J 102 103430 Sept 1934 M&S 100 101

Vicksburg-55 1916 F&A b 4.60 4.50%55 St Impt 1910-'32 F&A b 4.604.50%416s Sewer Dec 1 '28_Dec b 4.60 4.50%

Yazoo-Miss Delta Levee Dist68 1947 option 1917 _J&J 55 1924-1954 M&N 100%4345 July 1949 J&J 9945 1952 option 1922 J&J

MISSOURInis Cap Bldg '16-'25opt,J&J 64% 3.10%Minns City-Ss (Westport) 1916_J&Jb 4.10 4.054 5 Sept 1 1930__M&S b 4.104.05

43a March 1, 1933__M&S b 4.10 4.054s Market House '24_J&Th 4.10 4.0545 Water 1924 J&J;b 4.10 4.05 040 Park & Boul 1924_ _J&J!b 4.10 4.05748 Sept 1 1930 M&S'b 4.10 4.05%

Kansas City School Dist-430 July I 1933 J&J 1044s July 1 1927 J&J 984s July 1 1930 J&J 9845 Bldg 1932 J&J 98316° Jan 1923 J&J 95316s July 1925 J&J 93

Lafayette Co 3345 1921_J&J 96Little River Drainage Dist-5165 Oct 1919-1933_ _A&O b 5%

Pettis County-45 1918 opt on 1908_M&N 98

St Joseph 4o 1923 F&A 40 1924 M&S 45 1926 M&N

St Joseph School District-430 1925, 1930 & 1935_

St Louis-430 Bdge-Compl '35.A&O 10645 Renew g 1918 J&J 10045 Insane Asy'm '28A &O 101545 Public Impt 1928 J&J 101%45 Public Bldg 1929_A&O 10145 WW Renew '31__M&N 101j3.65s Hen Jun 25 '27.J&D 3 5 Renew g 1918__J&D p

'

3 a April 1 1925___A&O 3s g April 1 1922__A&O 95

Sco d Co 4165'17 op'07.J&D 100430 1917 opt 1912__J&D 100

Springfield-Se '32 op'17.J&D MONTANA

Billings 55 1934 op '29. __J&J Bozeman-55 '19 op '09_J&J 100Butte-4%5 Dec 1 '25 op '15_JJa

Butte School District No 1-436e 1924 opt 1914J&J

Cascade Co-4s'21 op'11J&J Custer Co-65'25 op'15_J&J 100Deer Lodge Co 5519op09J&J 100Great Falls 55 1918 J&J 45 1923 option 1914. J&J

Great Falls Bch Dist No 1-45 1925 option 1915_M&S

Helena-45 Ref 1916J&J

ToNet. Bonds.

ToAsk. .Net Bonds

NEBRASKA.4 . 15% Douglas Co-4s'18-'28_A&O 44..1155g 316s 1922 J&J

Fremont Prec't (Dodge Co)_45 Ref 1919 op 1909_M&S

4% Grand Isl 430 '25 op '10 J&J Linco1n-43-5'16 to '19_ F&A 4.85 4 yoRef'20 to'290p'20P&A

45 Ref 1919 op 1909_M&S Lincoln School District-430 1924 opt 1909_ M&N

Omaha 430 1917-21___Mch 416s Renewal 1924 J&J 430 Mch 1 1932____M&S 416s Refunding 1934_J&J 430 W W Dec 15 '41_J&J 105%45 Funding 1918_ M&S 99

Omaha S D 430 1028.. J&J 4% --- 435 July 1931 J&J

45 Jan 1919 J&J 4.05 So Omaha43s '24 op '09J&D 4.05 SouthOmahaSD-581923J&J 47 55 Dec 1929 J&D 490 ::: NEVADA

107______ Reno-5s 1924 op 1909_J&J 10047 WashoeCoSD 5s'17to'29M&S 4% NEW NEW HAMPSHIRE4 ___ 3345 Hospital 1916-'25_ _J&J 98164 ___ Berlin-45 Ref 1916-35 M&N 4 ___ Concord-4s 1923 J&J 1014 33.o 1924 to 1929__J&J b 3.804e, --..:_ Dover 3165 '28-'31____J&D b 3.90 Keene-4s 1916 to '17_A&O b 3.90

14aconia-4s 1924 A&O 1014.10% Manchester-4s 1917_ J&J 1004 . 10% 3340 Fund Apr 1 '19-A&O 994. 10 Nashua-3s 1923 _A&O 934.10 oPembroke 45 '24-'34_ __ _ F&A

4-.50 Portsmouth 45 g Sch '23_J&D 1014.50 4s Ref Water 1932_ J&J 1014.50 Rochester-4s 1922 J&D 1014.50 Somersw'th-4s '16-'18 A&O 1004.50 NEW JERSEY4.50 Asbury Park-5s 1924_J&D b 4.254.50 45.1,s School Jan 1943 Ada b 4.254.50 Atlantic City-5s 1925_J&D b 4.204.50 4° g Water 1926___J&J b 4.20

4 s Water 1944 J&J b 4.20416° Paving 1938 J&J b 4.20

4165 Jan 1 1945 J&J b 4.2048 Water 1930 J&J b 4.20

Atlantic Highlands-45 g Sewer July 1 1928 J&J

Bayonne-55 Fund 1928 J&J b 4.254165 Funding 1931--J&D b 4.25

4168 Jan 1 1933 J&J b 4.2510216 4s Floating Debt 1928 J&J b 4.25100 Belleville-5s Fund

1924-1934-4944.. M&N 4165 Funding 1045

Belleville S D 50 '27-44M&N Bergen Co 55 Dec 1 1919J&D 5s Dec 1 1944 J&D 430 1918-1939-----A&O

o 4165 Aug 1917-1938__F&A 48 Bridge '16 to '24__F&A 4s Court Hoe '16-'38_ A&O

Bloomfield 5s '16-'23__M&N b 4.25 4.20Camden-430 Wat '23_ J&J b 4.15 4.10

416° Dock 1930 A&O b 4.15 4.104 s School 1943_ _A&O b 4.15 4.1045 Paving 1929_ M&N b 4.15 4.10 o

Camden Co 416s 1933_F&A 1035/s 10416100 48 1944 J&J 98 99 Cape May-5s 193C. _J&D East Orange 4%5'25-45 F&A b 4.2598 45 1934 A&O b 4.25

45 Water 19336 4.25

53i% 330 Water 1933 AIDO b 4.25Elizabeth 4165 1953_ -A&O b 4.25

994M8 Sch Jan 1 1955 J&J b 4.25 4:68 48 1922 op J&J 99 4.05 Englewood-4s Sep'35_M&S 4.05 Essex Co4345 Road1953F&A b 4.10

430 L'd Purch '17-'46 J&J 64.15 4.05 4s 1926 F&A 09

F&A 98%109

4s g Park 1938 45 Hospital 1946 F&A 9816

3.658 Park '17 to '35-F&A b 4.10

1811k1013 Fairview-5s 1944 10181 Gloucester 0o430'17-'26 var b 4.25 4.20%

Guttenberg-5s Ref Apr 161916 to 1918 A&O

Hackensack-4%s 1942 F&A Harrison-45 1930 J&J Hoboken-4s 1919____P&A 64.10

4168 1940 .jjr.j 64.10316s 1931 M&N b4.10

--- Hudson Co-430 1948.A&O 4168 Road 1923 J&J 416° May 1 1950_ __M&N

4.38 dog Park 1959 & '34_M&N _-- 4s County Bldgs 1946 F&A

45 g Ref 1935 F&A 4.65 3%8 Bridge '16 to '20 A&O

Irvington 55 School 1963J&D b 4.304.65 Jersey City-4.55 So gold Assess 1924 M&N b 4.10 4--_ 155 Water June 1 1921_J&D b 4.10 4

4:ii 55 Assess April 1916..A&O b 4.10 4

416s Refunding 1928_J&J b 4.10 44.55 416° School 1945 J&J b 4.10 4

4368 Water 1961____A&O b 4.10 44.55 416s Sch Mch 1961__M&S b 4.10 44% 4 s Park Mch 1961_M&S b 4.10 4

45 Water 1932 A&O b 4.10 4

..ii 45 1935 J&D b 4.10 445 Refg 1949 _____ PdcA b 4.10 4330 Refunding 1920 _J&D b 4.10

4v4 9,4%44446,4

107

-----

-----

3Tio --3.803.80 0

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

55 Wat-Wks'31 op'18.J&JHelena l3 D No 1 4165'22J&JJefferson County-4%s Ref 1916-1919_ __J&J

Kalispell 55 1933 J&JLewis & Clarke County-530 C H g '16 to '19 J&J

Lincoln Co 55 '32 op '27_J&J56 Fund Mch'31 op'21 J&J

Missoula 430 '24 op '14_J&JMissoula County-48 Ref 1921 opt 191L F&A

Phillips Co-bs Ref Dec 1935 op '33 J&J

Yellowstone County-55 Ref 1918 op 1908 J&J

100

100

-----

4.20%4.20%4.104.104.104.104.104.10 0

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

-----

----------

-----

-----

b 4.40

ao Kearny 4165 1936 F&A430 April 1962 A&O

411 Long Branch 55 1943-M&N4. 45 June 1 1935 J&D4.55 Mercer Co-4365 1933.._J&J4.65 45 Road 1933 J&D

330 April 1941 A&O4.55 Middlesex Co 4%5'24234 J&J

330 Bridge '22 to '31_J&JMontclair 4165 Sch '41_A&O4165 H Sch Bldg '44_J&D3365 School 1932____J&J

108%95

6 4.15b 4.15b 4.15b 4.15b 4.15

4.204.204.204.20%

4

11096

4.104.104.104.10 04.10%

44%

4.10%

4.204.204.204.20 04.20

-90364. 05%4%

1001001004%

4.154.15

443.4434

4.104.104.104.10

4.104.104.104.304.254.25

4:ib

3.80

3.80

4.50

4.204.204.204.104.154.154.154.154.15

4:i8

4.60

4.254.25

4:184.104.104.104.104.104.10

4:i84.25

4.15

Morris Co-4s '35 op '05 J&J416s 1942 opt 1922 _J&J

Morristown 4165 '18-42.J&DNewark-436s 1944____ F&A4160 Dock 1959 F&A4365 June 1 1960 4%5 Sch Dec 1 '45__J&D40 Refunding 1023.. ..M&S4s Sch House 1959 op 1949do Pa.sValSew'Cllop'51J&D336° 1929 J&D3 0 Track Elev '54_F&Aa isburg 430 1934 J&J

New Brunswick 45 '22_111&NNorth Bergen 5s 1941 _J&DNo Plainfield 55 1916-1954. _Nutley 55 1933 J&DOcean City-5s 1944_ F&AOrange-5s '23 to '32 J&J55 Water 1938 F&A436o Sewer '16 to '21_A&O416° School 1943 J&Ddo Sch House 1934 J&D

Passaic 430 1917-'40_M&S430 Sch 1942 J&J4165 Ref 1944 336° 1916 to 1920_F&A

Passaic Co-45 '20-'24__J&JPaterson-5s 1916-'22_ A&O

436s 1933 to 1944 M&N4165 Feb 1 1945 F&A45 N C Hall '23 to '32_J&J

Perth Amboy 430 Apr 1944_436s School 1938

Plainfield-to '16 to '34 J&D45 School 1959 M&N

Rahway-48 Adr22 op M&NRamsey 5s water '21-'40__Ridgewood 5s 1916-'26_ F& A Sea Isle City 5s 1943 _F&ASo Orange-45'16 to '44_J&J Summit 436s Sch '41_F&A481933 M&N

Trenton 4365 May '24_ M&N430 Water 1943____A&O45 Fund 1934 A&O45 City Hall 1939_ J&D330 Bch Nov 1 1929 M&N

Union Co 430 1937_ _M&S 434° 1942 M&S 45 Oct 1 1942 A&O

Vallsburg-See Newark.Weehawken-4368Fd'20 F&A 430 Funding 1916-'28J&D

West New York 55 '36_ M&SNEW MEXICO

4%5 ref 1953 op '33____J&J436a Dec 16 '52 op '22_JJED45 Ref June '33 op '23_M&S45 Bldg 1929 op 1919__M&N45 Fund 1939 op 1929_ M&S48 Highway 1921-1044.. J&JAlbuquerque 430 '29_M&SBernallillo Co 6s '22 op'12 J&J

Be 1931 op 1921 SocorroCo55 1941 op '21A&O

NEW YORK4368 Highway 1963___M&S430 Canal 1964

Jj.drkJj434s Canal 1965 43is Highway 1965_ M&S430 Barge Canal 1045.. J&J4s Canal Term 1942.._... J&J45 Canal Term Jan 1946.......45 g High Imp Mch '58_M&S48 g High Imp Sep '58_M&S40 High Imp Mch 1960.. M&S4s Canal Imp July 19613_J&J45 Canal Imp Jan 1061_J&J45 Canal Imp July 1961_J&J45 Highw Imp Mar '131._M&S45 Palisade Park 1961.... M&S45 Canal Jan 1962 J&J48 Highw Imp Mar '62 _M&S45 Highw Imp Sept 1965____40 Canal Jan 1966 35 g Jan 1 1923 J&J35 g Jan 1 1956 J&J3s g July 1 1958 J&J3s g Canal Jan 1 1959_ _ _J&JAlbany 65 1916 to '19_M&N4368 Water 1916-34_ M&N

s

4 Oct 1963 A&O4%s Water 1932_ _ M&N4 1916-1954 J&D45 ark 1920 to '30 M&N45 High Bch 1917-31_P&A

33365 Pub I11917-241,&A

Albany Co-5'16-25 F&A3345 Aug 1 1925.... ..F&A4%8 1936-1937-1938_M&N

Aubu'n-430Dec6'16-'31J&D45 Water May'16-'25M&N

Binghamton 45 '28&'29_F&A45 Sew Disp '22-'30.._F&A330 Bridge 1935... ....F&A

Brooklyn-c1-65 1024.. J&J5s Bridge 1919 J&J45 Bridge 1926 J&J4s School 1920 334sg 1917 to 1937 J&J3 s g July 10 1925_ J&J316o gold 1927 J&J3 s g July 10 1934 J&J3168 gold 1936 J&J30 BrIdge 1925 ----- J&J

Buffalo-7s 1924 & 1925 J&J65 Parks Jan 1 1924 J&J4360 Nov 15 1933___M&N4 5SchNov15'10-'33M&N436s June 15 1944 J&D 15436s June 15 1964.. J&D 15430 Feb 16'62 op'32_18&Ado School Aug 1 1929 F&A45 Serial 1916 to '29..F&A4s June 15 1916-'30__J&D45 June 15 1960 J&D316o Park Reg 1927_P&A3160 Water 1916-35_M&S

Elmira-4s 1935 M&S4165 Water 1916-1945A&O

Bid. Ask.

64.25107%109b4%b4%b4.1064.10b4.1064.10b4.1064.10

64.35108%64.8564.2564.2564.2564.25b4.25b4.20b4.2064.20b4.2064.20b4.1064.1064.1064.10

64.2564.2595

4.20%109%111%3.90%3.90%

4444%4%4%

4.25%1104.80%4.20%4.20 c/4 . 200-04.204.204.104.104.104.104.104.054.054.054.05

0

0

4.204.2096

b5.25 4.20b 1 .25 4.2064.05 464.05 464.05 464.05 464.05 4

109%

b 4.15b 4.15b 4.15b 4.16b 4.15b 4.15100100102102

114%114%

107107107105%105%105

105105105104% - 105%105 105%10436 105%10436 105%09 10199 10199 10199 101b3.90 3.85b3.90 3.8563.90 3.8563.90 3.85b3.00 3.8563.01)3.85'.63.00 3.8563.90 3.8563.90 3.85b3.90 3.85b3.90 3.85'.b4 3.90b4% 3.90b4% 3.900 63.85

110%

4.1074.104.104.104.10 04.10%--

ToNet.

4.104.10

- - -

4.204.30

4:i34.25

ao4.354.854.15

4:154.154.10

4.254.25

114%115109%109%

- --108108

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

b4% 3.9064.10 464.10 464.10 464.10 464.10 464.10 464.10 464.10 464.10 464.10 4b3.95 3.85b3.95 3.85b3.95 3.8563.05 3.8563.95 3.85b3.95 3.85b3.95 3.85b3.95 3.8563.95 3.85b3.953.8563.95 3.85b3.95!3.8563.95' 3.85b4%13.95b407,, 3.95

100 -----i41514.15

b Basis. /Flat price. n Nominal.

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

APR., 1916.] MUNICIPAL BONDS. 53

Bonds Bid. Ask.

NEW YORK • (Concluded)Elmira 3%5 Red '16 to'21J&J b 4% ---Erie County-

43jsRd'16-'36 tax-ex_J&Jb 3.90 3.85%dFarRockaway 5s '16221J &J Franklin Co 435'31240 M&S Fulton-3.40s '16 to '29 J&D b 4.05 3.95%Geneva-4s Water '26_A&O b 4.05 3.95%Glens Fa11s-450 ref sewerAug 31 1917-1928____F&A b 3.953.90%

Haverstraw-4.12s'16-'37M&S b 4.15 4.05Hempstead-d--48g 1923_J&Jb 4.15 4.05%Herkimer-4 %s'16-'27 M&N b 4.15 4 . 05%Hornel1svi11e-3%s '21_ FAr A b 4.15 4.05Hudson-4s Wat '16- 22July to 4.15 4.0543.s High Sch '26-'32 A&O4.15 4.05%

Ithaca 4.305 '27 op var_J&J b 4.05 3.95%43.(5 Ref Water 1942_J&J 6 4.05 3.95%

Samest'n 4s Mch 20 '43.A&O b 4.05 3.95%eiings Co 43 May 1 '16-'44 Kthston 3548g '16-'36_A&Ob 4% 3.90%4 s 1916-1925 - A&Ob 4%3.90

Long Island City-d43s 1916 to 1923___M&S tis ater Sep 1 1920_M&N 33s Wat May 1 '20_M&N

Madison Co4%5'17-'29 Feb 1 Middleport 4.355'16-'42 J&D 4.35s sewer '16-'39___J&D

Middletown-3%5'31 _ F&A Mt Vernon 4545'31-'43_A&O b 4% 3.9045is Sch 1962-'73___M&N b 4 3.9048 Sewerage '50-'55_ _M&N b 4% 3.90

Nassau Co-4545 '20-'29 J&J 4s 1938-1943 J&D 33s Court House '30 M&S

Newburgh 435 '17-'34 F&A NewRochelle4%s'16-22M&N 48 1916-1930 M&N 33.s 1916 to 1933____J&D

New York City-6% notes Sept 1 '16_ M&S 101X 10136% notes Sept 1 '17_ M&S 1033' 103%4%5 June 1965 J&D 107% 107%43s June '16-'30 J&D b 4.05 3.95%43s 1963 huts 1063' 1073.4 s(old) May 1957 M&N 107% 107%4 s (new) Nov 1957 M&N 1063/i 1073(4 0 (old) May 1917 M&NI 100% 101A s (new) Nov 1917 M&N 100 1015(43(s 1960 opt 1930._M&S 102% 102%43(s 1960 M&S 102% 102k43(s Mch 1 1962 M&S 102% 102%43(s Mch 1 1964 M&S 102% 102%48 Various 1936____M&N 994s Nov 1955 M&N 99is Various 1956 M&N 1004s Various May '57_ Milt N 99%4s Nov 1958 M&N 99 100ils May 1959 mittN 99 99%8 s Exempt 1922 M&Nb 4.05 3.95%8 s Bklyn M Sew '27.1&J b 4.05 3.95%3 s g D'k 1927 Ex_M&Nb 4.05 3.958 s g Exempt 1941_M&Nb 4.05 43 s Exempt 1942 M&N,b 4.05 43 s II T 1948-1950 M&N,b 4.05 4%3 s g Exempt 1952 M&N16 4.05 4%3 s g Exempt 1953 M&Nb 4.05 4%3 s g Exempt 1954 M&N 893 903 s &Water Ex '54 M&N 893 908 s Exempt 1955 M&N 89% 903 s Sik April 1 '54__A&O 89% 90%3 s Nov 1 1929 M&Nb 4.05 3.95%3.305 Co '17-'21 Ex__J&J,b 4.03 __-as g Dock 1924 Ex M&N'b 4.08 ------8s g R T 1950 Exern_M&N b 4.07 4%

Niagara Falls-4s Nov 1921 33s 1942-1945 M&N

North Tonawanda 4s'24A&O 43.5 1916-1925 J&D

Oneida Co -33-s '17-128P&A Onondaga Co 3s '16-'29_J&J b 3.953.85%43s 1917-26 J&J 6 3.95 3.85%

Orange Co 33s '17-24_Feb 1 Ossining-43s' 18-'42_M&S Oswego 454s '20- 29__M&N 33s 1916-'22 A&O

Penn Yan 4.35s '16 to '310ct Po'keepsie 43s 1922_ __ P&A 33.0 1916 to 1930_ _M&S

Putnam Co 4%5'18-'2-9..F&A Queens Co-40 1917 J&D 4s1927 J&D

Richmond Co-d4s g'21.J&J Rochester-4a Fog Apr '44 b 3.95 3.80%4 s Jan 15 1933 J&J 107 10943.s Municipal 1945.M&S b 3.90 3.8543(8 Sch 1917-1945 J&J6 3.90 3.85 043(s 1917-1930 J&J6 3.90 3 85%48 1922 to 1927 4s Jan 1946

J&J,6 3.90 3.85%J&J,b 3.90 3.85

Rock andCo-45'16-34 M&S

3 s Imp July 1 1924_J&J,b 3.90 3.8533.s Re 1933 op '13..,jjab 3.90 3.8533s Bridge Sept 1 '21 J&J,b 3.90 3.85

33s Fund '16 to '24_J&D1 Rome 4%s_ Sept 15 '31_ _J&J,6 4.103.90%Rye-5s Mar 10 '16-'38 M&S Saranac Lake435'17-26M&S1

4.455 FireHouse'16-'39J&JI Saratoga Co 5s '17-'18_ F&A' Saratoga Springs-

43j5 Park 1916-'40 __A&O, Scarsdale 43-is '20-'45J&D 6 4.10 4Schenectady 5s '16-133_J&Jb 4.05 3.00%43s 1916-1931 A&O b 4.05 3.9043(s Pub Mkt '16-'30 A&O b 4.05 3.90 043ia 1910-1934 J&J b 4.053.90%

SchenectdyCo4%s'42-158J&J Solvay 454s 191t5-40 F&A Suffolk Co 45-0 '24-'3J&Jb 4.05 3.90%Syracuse-49 Wat 1920_J&J 43.5 1916-'35 Var 45 Refunding 1929___J&D 3545 Water 1928 J&J, $0e Water July 1 1920_J1tJ,

Tonawanda 454s '17-'42_J&T: TrOk--4%s 1916-1925__J&D 4 s School 1916-31__F&A 48 Water 1916-1925__JcIED 3%5 Water 1916-36__J&J

ToNet. Bonds Bid. Ask.

ToNet. Bonds Bid. I Ask.

TsNet.

0

-- ooK

Utica-454s '16-'35___ M&N45 1917 to 1919 Jan33.5 Nov 1 1916 to '35Nov

Warsaw Union Fr S D No 104 43s 1920-1942 Oct4 Watertown 43(5 1942_ _J&J

- 4s May 1 1938M&N33.s Sewer '16 to '27.M&N

West Seneca 5s '16-'38.A&OWestch'reo 3%s'27&'28J&D451s Co Bldg 1927-44 A&O4s Co Bldg 1920-1959.M&S4s 1930 to 1935 F&A4%s San Sew '33-'82_Jda

--- White Plains-4s 'I6-'2g F&A- 334s Water 1931 A&O

Wolcott454s,Tly15'16-'42J&JYonkers-4s '16 to '25_ M&S

40 Water '16 to '22 A&O45is Mar 1 '27-'56 A&O3%s May '16 to '24 F&ANORTH CAROLINA

6s Construction 1919 A&O3.90 4s Refunding 1950 J&J3.90 4s Building 1951 J&J3.90 Asheville 5s Ref 1941_ ..J&J3.90 5s School 1943 J&J4 4s April 1922._ _ _A &O4 Buncombe Co 5s '16-'46 J&D

43s Funding 1939--M&S--- Charlotte-5s St&Sew'29.J&J

43s Water Mar 1935_J&J-- 43a Water Oct 1 '41.A&O

3:90 45a School Oct 1 '41_J&J3.90 43s July 1 1942 J&J3.90 Durham-4458ew&LV41J&J3.90 Granville Co-4%5 '39_M&N3.90 Greensboro-5s W W '30_J&J3.90 5s Aug 1 1942 F&A3.90 4s Water-Wks 1954__J&J

fredell Co 5s Aug 1 '42_F&A--- Lee Co 5s Road 1952 M&N--- Lincoln Co 5s1943&1948 J&J

MecklenburgCo-6g'20.M&N--- 5s Fund 1916-1936_ M&N- 4%s 1943-1947 M&S--- Raleigh 6s 1917-20 J&J--- 5s 1927 A&O

58 Munic Bldg 1939 J&J--- 5s Water Wks 1943_J&D--- 53 Impt June 1 1944.J&D

Rutherford Co 5s '23-'52 J&J--- Weldon 6s Jan 1924-1942_--- Wilmington-5s F'd '22 ..J&J

55 ref & impt 1955 A&O 418 IvWat & Sew'48.A&O

4 s at & Sew 1952_J&J4s g Ref July 1 1929__J&J

Winston-Salem-5s '24M&S5s gen impt 194443s July 1 1952 J&JNORTH DAKOTA

45 Fund'g Mar 20 '21__M&NWard Co-45 July 1925. J&JOHIO (See foot-note 8)

*Akron-55 1923...._ M&S*5s '19, '20, '24&'28 Var.

--- *554s W W 1924_.._ M&S--- *4% WWDec31'18-37J-D31--- 45 W W 1942 A&O

Alliance 4;45 '27-'32 J&DAshland Co *554s BridgeApr 15 '16-Oct 1 '23 A&O

Butler Co 434s '21&'24 _J&J*4%s Fl-Emerg'21-'31M&N

4:63 Cambridge-4%5'17-'34 J&J45 1923 J&J

4.05 *55 Sew 1953 M&S4.15 Canton *55 Sew 1953_ M&S4.15 4%s Water-Wks '30_M&S3.85 4s '21, '22, '26 & '27_F&A- -- Canton S D 4s '17-'18_M&S

*55 Apr 8 1954 A&083.95 Cincinnati *454sSt '32 J&J3.95 *4%5 July 1943 J&J3.95 4,4%s Park 1953____M&N3.95 *4345 Sewer 1955___A&O4 45 Aug 1 1934F&A3.95 4s s f 1941 opt 1921 J&J3.95 4s Sept 15 1949 M&S3.95 3.65s g Feb 1937_ F&A3.90 3a flef '56 opt '36..M&N3.90 3 s 1938 opt 1918_ F&A4 3 s Water '45 op '25F&A- 3 s Ref 1952 opt '32-TJEJ

3s Water 1939 op '19_F&AChic S D *4%5 1934_A&O 1345 1936 opt 1906 M&S3%5 1940 opt 1912 A&O

- Cleveland 5s 1918A&O*5s St impt '16-'19.M&N*4%s St imp Feb 1 '34P&A

___ 10454s St imp Feb 1'32 F&A

3-.65 *450 Mch 1949.... M&S0*434s Fire dep '16-'55A&O

3.90 4 sCiarkAvBdg'42_A&O

--- 4 s Bridge 1931 A&O

3.95 43(s Park 1938 A&O4.20 4.10s Paving 1930A&O4.20 4.10s Sew Const '30_A&O4 4s Infirmary 1920.. A&O

4s Water 1920 A&O4.05 4s Sewer 1925 J&D-._ 4s Refunding 1927_ _A&O--- 4s Park 1929 A&O

45 Park 1931 A&0148 Sewer 1919 MSc&45 Park 1924 A&O

3:65 cis Grade Cross'g '30_A&O4 Cleveland S D *4345'16235_

49 1922_ A&O3:85, 4s July 1 1932 J&J3.85 Clifton (in Cincinnati)-3.85 454s Water 24 ser '22 ASK)3.85 Columbus-454sSew'21M&S3.85 4s Dec 1 1927 J&D. 4s Sewer '33 opt '13.M&S3.95 48 Wat-W '45 op '20.M&S3.95 354s 1932 opt 1912_ .J&J3.95 Columbus S D 4s 1926..M&S,3.95 350 March 1 1923._ M&S

63.95 3.857 CuyahogaCo-5s'16-'20A&O 63.95

3.85b3.95 3.85 -_- *55 Ref 1920-1939_A&O 0*5s Bridge 1918-27 A&O

4s Ref 1916 to 1926_A&O 3.95 4s 1916-1941 A&O 3.95 *Dayton-5s 1923-'32 _M&N 3.95 *5345 W Wimp 1944.J&D 123 , 125 3.95 *5s W W Imp 1945 F&A *454s W W Imp 1940 J&D

b 3.953.80' _ *434s Bdge 1933-1939A&O b 3.953.80% __ Dayton S D 4s 1920___M&S b3.953.80' ___lEast Liverpool-4s '40__J&J 63.95 3.80% ' Elyria 4s 1916 to 1923.F&A 63.953.80% ___ 4s Water 1924 to 38_J&D 3.95, Findlay City, S. D.- 3.95 55s 1916-1927 J&J 'Fostoria-4s 1925_ M&S 3.90 *5s W W Imp '17-'40M&S 3.90 Franklin Co 4s '17-'25 M&S

63.85% : *5s FI-Emerg '20-'29 M&S 3.90 Gallipolis 4s Aug 25'20 F&A

Hamilton 58 '17 to '18_ F&A 64.304.10% 4545 1919 M&N 99 101 Hamilton Co *4 '43.F&A 99 10164.40 4%7 Lakewood

C H J'ne '36 op '16J&D 434s '21-'39.A&O

1 1

64.40 434 *454s Oct 1945 A&O 10534106.8164.40 434% *Lawrence Co 5s 1934_M&S 64.40 4%% Lima 45 Sewer '16 to '25.A&O64.40 4347 _:... *434s Apr '17-Oct 30 A&O 64.15 4%64.4064.40 :404 - Lorain 5s 1918 to '32__ .J&J

3545 Ref '30 op '25__A&O

64.40 4%, --- *a w W Ref '18-'27_M&S 64.40 41 Lucas Co 4s C-H 1944_ M&S b4.4 43 Madisonville (in Cincinnati)

4.35 0 5s1932 op 1922 J&J . b4.454.407 Marietta-*434s '16-'33 J&D b4.504.40%3345 1931 op 1911_ _F&A 64.504.40%Marion 5s1916 to '23 M&S 64.504.40% Martin's Fy 5s '26-'44 .M&S 64.60,4.50% Mercer Co-5s '17 to ' 24 F&A64.60'4.50 Middletownls '30op'20_P&A 164.60,4.50 Montgomery Co-64.50'4.25 *5s Fl-Emerg '23-'42 J&D 64.404.3037 - - - MuskingumCo*5sOctl'16-23 _-64.4014.30% ___ Newark *43,(s '18-'41__A&O -----64.5014.2570 Norwood-454s 1925J &D 64.50,4.40% 4s 1930 A&O 64.504.407 --- Portsmouth-4s '16-'24_J& 0 64.5014.40 -- Portsrn'thSD350'17-22A&O 64.504.40% --- Sandusky 5s 1916 to '26 F&A 64.55'4.50% 4s St Impt '17 to '18_M&S 4.75 Springfield 55 '16 to'21 M&S

6644..44001 44Ya90 --- 4%s Big Sep 1 '16-'21M&S *55 1931-1934__

64.40, 434% 4s 1921-1925 M&S b4.40 434% __.. SprineldSD*551920'39J&J2 64.40 43470 _ _ _ Steubenville 855'16-'35 M&S 64.40, 4 Y8 % Toledo-434s 1919_ A&O 64.40 44% *434s Gen Imp Sept 15 '20 64.40 434% *454s Sept 1 1928_ M&S

45is Bdge'28'33&'38 F&A 4.15 4s 1926 A&O 5 45 Park July 1 1942_ J&J

354s Refunding 1930 M&N 4 Toledo Sch Dist-4s '23to'23 4 Warren Co 5s 1929-1934.M&S 4 Youngstown 85s 1916-25A&O 4 *434s 1919-1957_ A& 0 3.55 Youngstown School Dist- 3.60 *434s 1944-1947_ M&S

OKLAHOMA 4 434s Oct 15 1924-'33 A&015 3.55 4s Funding 1918-'27___F&A 4 Ardmore-5s 1922__ _M&N 3.60 Canadian Co 4s '22 '31._P&A 3.60 Muskogee-454s 1925 M&N 4.20 55 Nov 1 1924 M&N

117 119 55 Funding 1929____M&S 3.55 5s Sewer 1936 M&S 1 3.55 Okla City-5s '37 op '22P&A b 4.504.407 3.55 55 Water 1936______ M&S b 4.504.40 4.10 55 Fund'g Oct 9 '36 A&O 9 b 4.504.40 0 4 5s Fire Dept 1934___J&D b 4.594.40 g 4 454s Sewer 1936____P&A b 4.50 4.4070 4 Okla City S D 4s 1933_.1.10 95 1 ----- 4 Okla Co-454s '24-'33 . J&D 99 -- 3.55 Payne Co 4 &4 9 '20 to '29A&O 97 3.55 OREGON 3.55 Albany 55 ref '31 op '21 A&O 3.55 Astoria 5s 1953 J&D le. 1 ----- 3.50 Baker City 5s 1934_ M&S 3.50 Clatsop Co 5s 1934_.._ A&O 3.50 Columbia Co 5s Road 3.50 Apr 1'19-'24-'29-1934A&O 3.50 Dallas City 55 1917-'26 M&N 4 Eugene 5s 1942 M&S 3.55 Multnomah Co 434s'32..T& D 100 ----- 3.50 55 Road 1920-1t)29_M&N b 4.25,4.10

10134 Portland-5s g C H '22_J&J b 4.10 4 4 -- 5s Water 1923 J&J b 4.10, 4 4 5s g Bridge 1925____A&O b 4.10 4 4 454s Dock 1943____M&N 6 4.10 4

4 45 Water 1937 J&J b 4.10, 41 4 4s g Bridge 1934 M&N b 4.10 4

3.55 PtofAstoria 5sHar'24-'29J&J b 4.804.75% 3.55 Pt of Coos Bay, Harb, 5s_ b 4.804.75 3.55, Port of Portland 5s '22_J&J b 4.404.30 0 3.55, 4s Dry-dock 1934____J&J b 4.40 4.309 3.55 Salem-5s Sewer'16-'33M&N 102 3.50 PENNSYLVANIA 3.50 Allegheny-4s' 17'22&'27J&J 99 % 3.50 4s Street Imp 1937_ M&N 9931 3.50 354s 1916 to 1931___A&O b 4.05 3.50, Allegheny Co 45.451943M&N b 3.95 3.85% 3.50 4s Road 1937 F&A 99% 3.50 4s Road 1938

F&A 9954

3.501 4s Road 1939

A&O 99 %' 101% 3.50, 49 Bridge 1942 F&A 102q! 103% 4 1 334s 1932 opt 1922__M&N b 4.05' 3.50 Altoona-4s '34* opt '14_J&J 99341 1003( 3.50 4s Ref 1936 opt 1916__J&J 99341i

4s Highway '37 op '32 J&J 9934 3.50, Altoona S D 4s '16 to '35 A&O 993-41 3.50 Braddock 450 '16-'44_M&N 100541 3.50 49 1916 to 1935__ __M&N b 4.10, 3.50 Chester-334s 1929 __J&J b 4.10 3.50 43 '37 op '17 tax-exm_J&J 3.50 4 sis 1930- 35- 40_ _Ma 3.50 ChesterSD434s'32-'37-'42 b 434 3.50 Easton-334s 1928____A&O b 4.05,

b 4.204.10%b 4.20 4.10%96 I -----93

99%1 -----6 4.10

3.50443.503.504

4443.503.603.603.60

4.203.604.203.5043.603.603.6043.503.60

4- --3.60

3:653.604.103.55

3.504.203.603.603.603.603.60

444.103.503.503.553.553.553.553.5543.553.554.104.103.50443.503.503.503.503.50444 •

4.10

4:g54.804.804.80

4.75

4.404.40

4344344%

b Basis. d Now part of New York City. f Flat price. n Nominal.*Subject to taxation. By an amendment to the constitution of Ohio adopted Sept. 3 1912 bonds Issued after Jan. 1 1913 by municipalities in

that State are subject to taxation. Bonds limed prior to Jan. 1 1913 are exempt from taxation.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

54 MUNICIPAL BONDS. [VOL. 102.

Bonds Bid delToNet. Bonds

Easton S D 48 '24 op '14 F&A 999% __-Erie-4s Street '21 on '11J&J 100 ------43s Ref 1934 op '24_J&J 1031.4 _

Erie S D 4s '16-'38____F&A b 3.95 3.80%438 b 3.95 3.80%

Harrisburg-4s 1920___J&J Nog ------4s Aug 31 1926-'32 __M&S 100% ------4s Pub Im 1917 to '36M&S 100k __-

Johnstown-5s '21 op M&N b 4.10------434s Sept 1 1923____M&S b 4.05 ------4Ms 1920, 1925 & 1930_ b4.05 3.65%48 Building 1930 opt M&S 99% __-

Lackawanna Co 48 1944 F&A 100% __-Lancaster-4s July'16-20 Q-J b 3.90 ------

48 Street Im '3Rop'28 A&O b 3.9033s Sewer 1934____M&S 953 963%

Lancaster S D 4s May 1945_ 102% 103kLower Merton Tp 4s 4 Ms 4148 b 3.95McKeesport S D 414s'19-'43 M&N b 4.154.05%

Norristown SD 410 '43 J&J 103Philadelphia-4s 1937_ _J&J 1023

4s July 1938 J&J 102%48 July 1939 J&J 102448 July 1940 J&J 1023448 July 1941 J&J 102%48 July 1942 J&J 102%48 Nov 1943 J&J 102%48 Nov 1944 J&J 1023448 Jan 1945 J&J 102344s Jan 1 1946 J&J 10234314s Water 1931 J&J 953148 July 1932 J&J 943%314s July 1 1934 J&J 9434

Phila S D 4348 '24-'43_J&J b 3.9548 1923-1942 J&J 10034

Pittsburgh-4 Ms'16-'50J&D b 3.95 3.80%48 May '25 op '10-'22M&N 10034 ------48 1916 to 1927 M&N 1003 48 1017 to 1939 J&J 1003 4s 1916 to 1936 J&J 1003 434s '16-'38 taxable_ M&N 5 4.15 4.05%310 Apr '16 to '30__A&O

Pittsb S D 410 '22-'37 _J&J b 4.05Reading-4s '16 to '28_ A&O 10048 1918-'23228 __M&S 10048 Apr '18 opt 1898__A&O 100

Schuylkill Co 38 '21 opt_J&J b 4.05Scranton 434s '16-141__F&A b 4%

4s 1917-1937 M&S 10048 1920-25-30-35 A&O 100

Scranton S D 48 1918-1923-'28-'33 A&O 9934

3148 1916-1932 F&A 6 4.10Uniontown 4s '28 tax-ex M&N 99Wash'n Co 410 '21-'34 M&S 5 4%Wilkes-Barre3As'17-'29F&A b 4.2048 1917 to 1935_J&J b 4.154 cisImpSer I '22-'38 A&O b 4.15434s 1931-1940 J&Jb 4.154348 Imp 1940-1945_ _J&J b 4.15

Wmsport 3148 '29op'09M&S b 4.10York 410 1924-43____F&A b4York Co 3148 1916-32_M-N 63.95

RHODE ISLAND4a Charit. Inst 1965__M&S 103334s g 8 H 1934 J&J 9338 State H July 1938___A&O 83Briato1-3148g 1930_ __M&S 93E Providence IsJne 15'47J&D 94Johnston 4148 1920, 1925,

1930, 1935, 1940 ...._M&N 101Lincoln-48 1928 A&O 98Newport-4%s 1917-39M&S b 4.1048 gold 1927 F&A 1004s May 15 1948 M&N 100334s g High Sch 1954 J&D 8834

Pawtucket-434s 1950 .J&J 10334414s Sewer 1952__J&D 48 Water 1937 M&N 96314s 1922 J&D 97

Providence-4s g 1921__J&J 10048 g Apr 1927 A&O 1004s May 1 1944 M&N 100%4s Jan 1 1945 J&J 101314s Sch & Br 1929_M&N 953438 Sewer & Imp 1929 M&N 9034

Warren-4s '16 to '22__A&O Westerly-48 1927____M&S 993348 Water Feb 1929 P&A 9234

Woonsocket 414s Fd '41J&D 102414s Fund 1944____M&N b 4.374s Funding 1941____J&D 93343148 Wat May 1 '31_ M&N 89SOUTH CAROLINA

434s Blue 1028 J&J 1044148 Refund '33 op '13_ _J&J 993448 Refund 1952 op 1932_J&J 101Charleston-58 Oct '22_A&O 434s 1928 A&O 10248 Sewer 1929 A&O 9948 July '37 (tax-exm)_J&J 10148 Refg '38 (tax-exm)_J&J 101

Cheraw 68 '52 op '32. ..July- 1 102Columbia-68 1921___ J &J 58 Ref Mch 1 1941__M&S 414s Water 1945J&J

Greenville bs 1940 J&J ris Street 1942 J&J

GreenvilleCo 434s '40-'55J&J Richland Co 58 1933____J&J 104Rock Hill 58 1951 op '31 J&J 104Spartanburg-4%s '35_A&0

SOUTH DAKOTAAberdeen-5s 1916-1921 A&O

4348 Sewer Jan 1932__J&I Rfoin Falls bs 1931._Sioux Falls S D 5s 1935.. A&O

TENNESSEE434s Ref 1917-1955._ J&J b 4.10 470434s 1938-1955 J&J b 4.10 47048 tef 1917-1955 .T&J b 4.05 3.957048 1932-1953 J&J b 4.05 3.95%Blount Co 58 1921, 1926,1931, 1936, 1941, 1951 J&J

Chattanooga 58 1920 A&O 154148 Public Imp 1937_J&J4148 Rfg Apr 15 '39A&0154343 Sew&c Dec 30'41,.T&D4148 Park 1942____M&N314s Jan 1 1922 _ _ _itT

ToBid. Ask. Net.

;ocke Co Rd & Bge 1919,'24. '29. '34, '39__ _M&N

Cumberland Co 58 1956_J&J bsvidson Co 4%8'370p F&A

Grainger Co 58 1940.. _IP&A b 4.40 449'Hamilton Co 5s 1944A&O b 4.50 43%705s April 1 1935 A&O b 4.50 4.35%bs April 1 1945 A&O b 4.50 434%414s 1941 J&D b 43% 4.30%4349 C H & Jail '42 A&O b 434 4.3070

Knox Co bs 1930-1945 b 4.50 4.40%Knoxville-5s g 1921__A&O b 4.50 4.40%

bs Refunding 1940 _M&N b 4.50 4.40%410 Funded cfcc 1937.J&D b 4.50 4.407414s Water-Wks 1949.J&J b 4.50 4.4094s June 1 1929 J&D b 4.50 4.407

Memphis bs July 1954 -J&J b 4.30 4.25bs 1918-1927 ----- F&A 6 4.30 4.25 0434s Refunding 1926_J&J 5 4.30 4.259

--- 434s Refunding 1939_J&J b 4.30 4.25%

--- 4 s Park 1947 4348 St Impt &c '46_F&A 5 4.30 4.25%

1023% J& J b 4.30 4.25%1023% ___ 4348 Street 1947 ____M&S b 4.30 4.25701023% 4 s 1950 FLU b 4.30 4.25%1023% 414s Park 1959 A&O b 4.30 4.25%1023% 48 Water 1933 M&N b 4.30 4.2571023% ___ Memphis 8 D 4 me '59_ _J&J b 4.45 4.3591023% Nashville-5s Wat 1921.J&D b 4.50 4.40%1023% 58 March 1933 M&S 6 4.504.409'1023% 6s 1917-1935 M&S 6 4.50 4.40701023% --- 58 Sett 1918-1945 J&D b 4.50 4.40%9634 --- 4 s Sewer 1923 A&O b 4.50 4.40%96 4 s Street 1935_ _J&J b 4.50 4.4099534 4s Trunk Sew 1940.J&J b 4.50 4.40334% --- 41.48 High Sch 1940„J&J b 4.50 4.40 0 48 (Tenn C RR) '24_M&N b 4.50 4.409

4s Sewer 1927 J&Jb 4.50 4.40%48 Water 1928 J&J b 4.50 4.40%

Putnam Co-434s '39_July1 414s Road 1941 July1

RobertsonCo4s'41op'31_J&J 4....i.5. Shelby Co-43%s Sets '41.J&J

48 Court House 1955.J&J 3.90% TEXAS

Austin 5s 1916-1942____J&J b5% 4.70%58SchBg&Flos'52op'32J&J b5% 4.70%4-5s Refunding 1931_ _J&J 98 100

Beaumont 58 '52 op '32_ A&O b 4.50 4.407bs Water Works 1954_M&S b 4.50 4.40481942 opt 1922 Ha) b 4.404.30

------ Cleburne5sWW'52op'32.J&J Dallas-5s Water 1917_ _J&J b 4.25 4.107

10134 58 June 1 1931 J&D b 4.25 4.1058 g Aug 1928_ F&A b 4.25 4.10 04%s Sch 1916-1952_M&N b 4.25 4.107048 Water '47 op '17 _A&O b 4.25 4.1074s Water '16 to '49__M&N b 4.25 4.104s School 1916-'51 ___J&J b 4.25 4.10 0

DallasCo414sSep10'51Apr 10 b 4.40 4.20%4 Ss Vlad & Bdge Feb 104% 1954 op 1924 ____Apr 10 6 4.40

------ ElPaso5sWWPurch'50_A&O b 4.60

5:77W0 58 Fund 1051 opt'31_M&S b 4.60bs School 1955 op '35_J&J 6 4.60

Fort Worth--(38 1922.... F&A b 4.70104 bs Refundlng 1920_ J&J b 4.70

bs Apr 1951 opt '31 A&O b 4.70

434s Sch '48 op aft '28.J&J b 4.70434s Sch'49 op aft '29 J&D b 4.70

4sStImp'48op aft'28.J&J 4 4.70

45 Refunding 1941_ J&J b 4.70Galveston bs '28 op '08. .J&J 9558 Lim debt Sept 1 1921_ 95

4 % Ss Lim debt June 1 1923.... 95 bs Lim debt 1927 95 bs Grade Rals 1944_ A&O 9590 5s School :916-1954_ M&S b 4.9010434 5s Wat & Sew 1917-34 M&S 5 4.90 4 434sGrad &c '48op'28.J&J b 4.90 434sGrad&c'490p'29.A&O b 4.90 Galveston County-10014 58 Bd Apr 10 '51op'31A&O 99 1011003% Flarris Co 48 '47 op '17_A&O b 4.60 4.4071013% Houston 5s Comp '18___.T&J b 4.40 4.3010214 bs Sew Nov 15 1939_M&N b 4.40 4.3096 58 itefOct16'41 op'31 A&O b 4.40 4.30903% 58 Mutt Imp '26-'56__F&A

b 4.30 4348 Sept 1916.1952 M&N 6 4.40 4.3074348 Oct 26 '38 op'28 A&O b 4.40 4.30

------- SanAntonlo-6sg'17op'07 J&J b 4.40 4.255s 1917 opt 1907____F&A b 4.40 4.25

i:iff, ---___ 58 Sept 1916-'53____M&S b 4.40 4.25 0------ 410 May 11020.. ___M&N b 4.40 4.25%------ San Antonio S D 58 '56_ F&A

Tarrant Co-5s Road & Bdg105 Apr 10 '52 opt '22_ Apr 10 10334100 Waco 58 Impt 1920___M&S b 4.70 4.509'101%

4-.lo bs Nov 1 1934 M&N to 4.70bs Sewer

1937_ J&J b 4.70 4.507

103 Ss Water-Wks 1942_ J&J b 4.70 4.50100 4s Jan 1 1931 b 4.70 4.50 0102 UNITED STATES-See page 21102 ___ U.S.Possessions-See Fore ign Go vt. p. 50103

- UTAH

4.38 5s Capitol Bldg 1934 J&J 6 4.1P 4.0570 4.30 4148 Capitol Bldg 1935_A&O b 4.10 4.059' 4.30 4s Capitol Bldg 1934 J&J 6 4.10 4.0570 4.30 4s Capitol Bldg 1924 J&J b 4.10 1.05% 4.30 3148 Refunding 1918_ J&J b 4.10 4.0570 4.30 33s Refunding 1920 J&J b 4.10 4.059105 ___ Box ElderCo414sSch'32P&A _ ___ . _

-__

105 Ogden-414s 1929___J&J 6-4.30 4.25%4:58 454s Refunding 1932..J&D b 4.30 4.25

434s Ref Wat 1933 _M&N 10234 103j.4.50 48 Ref 1921 opt 1911_J&D b 4.30 4.25%4.50 Ogden S D 48 '22 op '12_J&J 4.38 Salt Lake City 414s '24...I&J b 4.15 4.104.50 414s May 1 1931__M&N b 4.15 4.10

4s Refund Jan 1921__J&J b 4.15 4.10414.9 ref 1934 ----- __M&N b 4.15 4.10%4s Water '20 opt '10_A&O b 4.15 4.10%4s S & W '25 opt '15_A&O b 4.15 4.1070

::: Salt Lake City S D 48 '30J&J 9834 99 %4148 Feb 1 1932 F&A b 4.20 4.109'

4.60 410 Aug 1 1933 F&A b 4.20 4.10%4.35 Salt L Co 4348 '260p'16 F&A 1004.35 VERMONT4.35 Flarre-310'22 op 19184.10 964.35 Brattleboro-4s I918___J&J 994.35 Burlington-48 1919__J&J 1004.35 MI(1,11Ahnro44'41nn'21 V1.6 NI 00

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

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

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

------

0

4.20%4.50%4.50%4.50%4.60%4.607,4.60%4.60704.60704.60%4.60%9898989898

4.804.804.80 04.80%

0

0

4.504.704.40

4.504.304.30

4:io

4.30

4.40

4.60

4.35

Bonds Bid. Ask

Montpelier 48 '19 op'04.A&O 09Rutland-4s g 1924..... M&N 100

VIRUINIA68 deferred ctfs 1871.. J&J Brown Bros ctfs 5034 5114

3s "Riddleberger" 1932 opt1900 J&J 88

3s Funded debt 1091.. ..J&J 86Danville-4s Refg 1931_J&J 9534414s Ref Aug 1942F& A 101

Lee Co-5s 1917-'41_ J&J Lynchburg-5s '26 op_ _J&J b 4.504.40%434s Ref June 1 1927_J&D b 4.50 4.407434s Pub Impt 1939__J&J b 4.50 4.40434s Pub Impt 1946J&J b 4,50 4.4048 Ref Oct 1934 J&Jb 4.50 4.40

Newport News 410 '48 J&D 414s Feb 1953 F&A 48 Street Nov 1 1941 M&N

Norfolk-5s Ren 1923_J&D b 4.50 4.40414s Munic Impt '42 M&Sb 4.50 4.40414s Renewal 1941__A&O 6 4.50 4.404148 Imp July 1940__J&J b 4.50 4.4048 July 1 1932 J&Jb 4.50 4.4048 Water Oct 1 1934_A&O b 4.50 4.40 04s Impt March 1936_M&S to 4.50 4.4070

Petersburg 414s 1952A&Ob 4.50 4.359Portsmouth-4%s 1940 F&A 4148 Imp Oct 1 1942_A&O 4148 Sch & Sew 1938_J&J

Richmond 53 '20 to '22_J&J b 4.404148 Pub Imp 1949___J&Jb 4.4048 1920 to 1930 J&Jb 4.404s 1938 to 1943 48 1924

J&J b 4.40

48 Jan 1 1926 J&J b 4.40J&J b 4.40

48 1938 iSr.1 b 4.40413 1941 J&Jb 4.4048 Jan 1 1942 4s 1943

J&J b 4.40J b 4.40

Roanoke 414s Ref 1936_J&J b 4.60434s St Impt May 1940... 6 4.60434s Pub Bldg 1941_M&N b 4.60434s Pub Bldg 1944_M&N b 4.604s St Impt 1936 J&.1 b 4.60

Stafford Co 5s 1942 J&J 101

898934

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

Tazewell Co 58 1923-46_ J&J WASHINGTON

Aberdeen 5148 '22-'31__J&D Bellingham bs 1926_ _A&O Clallam Co-4148 1921 M&N 100Clarke Co 5s '35 op '25_ Jan 1 b 4.50Everett 5s July 15 1931..J&J King Co-58 1928 M&S 58 C't House '33 opt May 58 Road 1935 F&A 414sFlarb opt '22230Nov1

Lewis Co 5s 1923-'32___M&S Pierce Co 58 ref '25op'15A,Ir 0 100 ------

4s Ref 1926 opt 1916..M&S PortofSeattle5s'16-'55_ M&S b 4.55 4.50434s Jan 1917-1955..J&J b 4.55 4.50 0

Seattle-5s 1916-1930 __J&J b 4.304.20%434s Sewer 1927 M&Sb 4.304.20%4348 Water 1931 T& J 6 4.30 4.20434s Park 1931 J&D b 4.30420434s Light ext 1932__J&J,6 4.30 4.2048 Llb Oct 15 '22_A&015b 4.30 4.2048 April 11029 A&O b 4.30 4.20 0

Seattle SD Not 4348'24 M&N 4348 Mar '17 to '31M&S

Snohomish Co 53131op.aft21 Spokane 514s Fund '18_ P& A

bs Park Dec 1 1027__J&D 4348 Bdge Const 1031 J&.1 434s Water 1935 ISO

48 Water July 1 1025_Jjtj 414s Park 1962

SpokaneSDNo81 410'29J&J 410 May 1 1931_ M&N 48 Aug 1 1916-1922_ F&A

Spokane Co 48 '21 op '11J&D Stevens Co-414s '29 op '19 Tacoma-5s g Feb 15'20P&A b 4.20 4.15758 Refunding '16-'33 J&D 6 4.20 4.1501434s Lt & Pow 1929_ _J&J b 4.20 4.15 /04 s Refdg 1931____A&O b 4.20 4.15%

Tac D No 104148 '20_ P&A b 4.30 4.25%WhatcomCo4143'2200'12J&J 100 __-

WEST VIRGINIACharleston 410'41 op'27J&J ClarkshgSD5s'llop'21_M&S Hancock County-5s GrantRoad Dist '46 op '32 M&N

FIuntington 58 1944-__Oct b 4.50 434%Martinsburg5s'43op'29 Dec I Mercer Co 5s '44op'24A&015 Parkersburg 4s Wat '29 June 4148 June 1 1033_ J&D

Wheeling-6s 1924 op.. Nov 58 City 1919 op 1906_July 410 13dge '21 op '06_July 48 Ref 1916 to 1936__July

WISCONSINAppleton 414s 1917-'32 P&A Fond du Lac 414s '16-'35_ Green Bay 410 '19-'33_J&J

4$ Refdg 1016 to '20J&J

LaCrosse 4 s '32 op '22 F&A Kenosha-334s'19 op '09.T&J

48 Water 31 op '21__J&D 3148 Refdg 1919____A&O

Langlade Co 48 '16to'23Junl Madison-4s Oct 1931_A&O Marshfield 4148 '22-'32_J&J Milwaukee-5s '16 to'17J&J b 4.05

4q8s Park 1917-1935_ J&J b 4.05 4, W W Jan '17-'32 J&Jb 4.05 4

448 laduct 1916 to '26 J&J b 4.05 4334s July 1916 to '21_J&J b 4.05 4

Milwaukee Co 48'16-'25M&S b 4.10 4. 050/

Racine 4148 Ref'17230 P&A b 4.15 4.104Oshkosh 4148 1917-34_ F&A b 4.15 4.10

4s School 1917-1923_ P&A b 4.15 4.1093348 Sch '19 op '09.July lb 4.15 4.10

Racine Co 48 '17 to '23_ F&A b 4.15 4.10Wausau-4148 '18-'33 _A&O

Os InsanWe AYsOyM1I9N17°-'21 _Jan 100 100346s Pub Bldg 1919-'28 ._July 103 105Chevonnp 5q '31 nn '11 P`VA 100 101

0

4.304.304.304.304.304.304.304.304.304.304.504.504.504.50 04.50%

ToNet.

Zia

4:554.604.60

4-.6054.604.60

---------

0

4.70

4.704.70

4:754.304.304.304.304.50

454

4:i54.204.504.254.254.254.254.254.254.254.254.254.304.40

4.55

4.504.504.454.454.454.454.454.45

4.104.104.104.104.104.104.104.104.104.104.10

Zia------------------

b Basis. /Flat price. 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 stocks 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 March 7; State institutions latest returns.

Capital.Surplus& Profits.

GrossDe posits. Par. Bid.

PerBirmingham-Amer Tr dc Say Bk. 500,000 432,017 4,511,707 100 140Birming'm Tr A 8_ 500,000 684,080 6,550,392 10J 250First Nati)nal Bank['radars' Nat Bank_

1,530,000250,000

1,500,23785,701

12,581,9751,453,917

1010)

230125Mobile- PerBk of Mobile, NBA 100,000 97,299 1,442,755 104

First National Bank 300,000 055,499 6,031,279 100Merchants' Bank _ 150,000 230,291 2,053,678 100 People's Bank__ 150,000 574,581 2,355,835 100Montgomery- Per

Exchange Net Bank 300,000 97,027 770,038 130 115First Nat Bank__ _ 1,000,000 250,899 2,407,192 10.) 12:3_Fourth Nat Bank _ 500,000 171,773 2,020,707 toa 118New Farley Nat BkAlabama Bk&Tr Co

200,000300.000

10,122:35,000

672,768407,075

ton irtfl 100

Sullivan Bk & TrCo 230,000 34,205 395,169 leoUnion Bk & Tr Co.. 100,000 60,597 520,203 too 130

Ask.---share.150205245135share.

share.117125121100101

135

ARIZONA-Nat. banks March 7; State institutions March 7.Phoenix- Per

Nat Bk of Arizona_ 200,0001 3208,782 31,19(3,798 100Phoenix Nat Bank_ 150,000 220,371 2,145,677 100 Phoenix 8 Bk Tr_ 100,000 78,670 878,915Valley Bank __ _ 500,000 28,:370 2,020,2:30

share.

ARKANSAS-Nat. banks Dec. 31; State institutions latest returns.Little Rock- Per

Bank of Commerce 100,000 202,024 2,813,301 25 75England Nat Bank_ 200,000 52,699 752,937 100 115Exchange Nat Bk._ 300,000 245,774 1,947,711 10)) 165German Nat Bank. 750,000 190,432 3,023,025 100 105People's Say Bank_ 100,000 24,207 505,538 25 35Bankers Tr Co____ 250,000 12,291 509,119 100 100German Tr Co_ _ 250,000 61,279 320,087 100 112Mercantile TrustCo 300,000 46,427 840,801 100 135Southern Trust Co. 500,000 170,000 1,228,715 25 25Union Trust Co__ 250,000 213,239 1,542,271 100 197Pine Bluff- PerCitizens' Bank__ 300,000 16,5,394 1,254,318 Cotton Belt SAT Co 100,000 5,2,614 361,050Merch & Plant Bk. 175,000 231,703 1,329,915 25Simmons Nat Bank 200,000 n71,517 n1,132,605 100

share801201751104510112013626200share.

CALIFORNIA-Nat. banks March 7; State institutions late t returns.Berkeley- - PerBerkeley Bk of SA T 400,000 277,030 5,519,088 First Nat Bank__ __ 300,000 161,217 2,815,314

Fresno-Bk & Tr Co CentCal 200,00 128,183 908,802 Farmers' Nat Bank 300,000 377,327 1,961,900First Nat Bank ___ 500,000 526,647 3,174,600Fresno Nat Bank _ 200,000 402,040 1,059,290 People's Say Bank_ 100,000 217,277 2,073,076 Union Nat Batik_ __ 150,000 53,409 1,147,987

Los Angeles- PerCal Say & Coin Bk 650,000 73,969 4,319,170 100 Citizens' Nat Batik 1,500,000 727,170.13,082,902 103 244Commercial Nat Bk 300,000 177,2391 3,150,360 100Farmers' & MerNat 1,500,000 2,099,542 15,088,029 100 310First National Bank 1,500,000 2,574,700 23,101,915 100 640Germ-Am Tr & 8 B 1,000,000 1,308,97420,133,493 100 365Home Say Bank_ _ _ 1,000,000 45,776! 6,114,002 109 140Intern'i Say A Ex B 300,000 92,520; 2,737,011 lollHibernian Say Bk 350,000 64,000; 3,924,101 101 125Merchants' Nat Ilk 1,000,000 523,667 0,103,000 100 225NatBk of California 500,000 214,007 5,620,988 100 210Security Nat Bank. 300,000 200,099 3,185,700 100 Security Tr & S Bk 1,800,000 2,006,001 42,153,582 104) :375Hellman Corn T 750,000 274,399 6,335,000 100Citizens' Tr & S Bk 500,000 175,992 , , . 100 Los Ang Tr & S Bk 1,500,000 1,689,844 23,130,105 101 IT S National Bank 200,000 101,309 1,447,608 100 155

Oakland- PerCentral Say Bank_ _ 600,000 302,000 12,300,000 3.1Central Nat Bank_ 1,000,000 1693,076 18,008,707Farmers' & Met Bk 189,500 20,502 1,980,795 too First National Bank 500,000 e140,000 e3,000,000Oakland 13k of Say_ 1,250,000 1,400,387 25,537,909 7 Security Bank ___ _ 423,500 01,055 1,980,000State Savings Bank 100,000 193,991 1,115,744 100Pasadena-

First Nat Bank_ 200,000 141,390 2,108,246 Nat Ilk of Pasadena 300,000 d17,039 d2,462,058Security Nat Bank_ 100,000 d13,160 d621,007Union Nat Bank_ __ 100,000 d101,594 d2,431,208 Crown Clty'fr A SB 200,000 4,884 698,191Pasadena Tr & S B. 200,000 102,671 2,562,409Union Tr A Say Bk 425,000 82,097 2,958,772Sacramento- PerCalifornia Nat ilk_ 1,000,000 d338,499 d7,717,347 100 California Say Bk_ 100,000 71,190 1,402,594Farm & Mach S Ilk 350,000 61,717 2,352,860 100 NBDO Mills Co 500,000 v970,445 v5,273,198People's Say Bank_ 500,000 100,488 3,941,056 80 Sacramento Bank. _ 1,000,000 204,704 8,419,289San Bernardino

California State ilk 100,000 15,969 530,416Farmers' Exch Nat 100,000 c02,500 c610,000San Diego-

American Nat Bank 200,00 8144,091 31,556,295Bk of Corn & Tr Co 500,000 :300,481 3,702,70:3First Nat Bank... 150,00 3308,782 82,804,747

share.

share.130

220325

155

325245

385220

share.-----

share.

CA LIFORN1A-(Concluded.)

Capital.Surplus& Profits.

GrossDeposits.

San Diego (Con. $ $ $Merchants' Nat Bk 100,000 3570,907 31,721,303San Diego Say Bk_ 200,000 422,637 4,137,729UnitedStatesNatBk 100,000 314,070 3437,180Southern Tr & S B_ 350,000 89,036 2,431,999San Francisco-American Nat Bank 1,000,000 439,847 7,117,700& iglo-Gondon-Paris

National (lank.. 4,000,000 1,966,137 34,345,484Bank of Calif, N A. 8,.500,000 8,272,029 45,821,682Bank of Italy._ __ 1,250,000 386,319 20,847,412Columbus S A lAoc 130,000 172,614 2,358,825Cro3ker Nat Bank. 2,000,000 3,359,107 20,802,080Don'hoe-Kelly BC() 650,000 247,000 2,272,000First National Rank 3,000,000d1,986,292 d19802603French-Amer Bankof Sayings_ _ _ 750,000 313,097 7,236,333

German S A CSoc_ 1,000.000 2,390,897 59,142,342Humboldt Say Bk. 750,000 450,991 7,654,391Mercantile Nat Bk. 2.000,000d1,138,821 d12988061Merchants' Nat Bk 1,500,000 258,977 5,370,070Mission Say Bank. 225,000 42,165 2,200,045Mutual Say Bank . 600,000 472,298 9,389,932Say (In Bk & Tr Co 1,500,000 2,344,637 30,699,525Seaboard Nat Bank 500,000 205,124 1,778,011Security Say Bank_ 500,000 455,443 4,008,711Wells Far New Nat 6,000,000 5,121,884 34,761,924Anglo Calif Tr Co_ 1,500,000 427,862 12,158,862First Federal Tr Co 1,500,000 417,777 6,042,246Union Trust Co___ 1.200,000 1,815,878 27,305,676San Jose-

Bank of San lose.. 300,000 285,029 2,958,809First National Bank 300,000 290,271 3,810,703San Jose S Dep Bk. 300,000 700,000 4,461,208Security Say Bank. 100,000 90,339 1,447,504Security State Bank 100,000 81,720 537,375Gard C Bk A Tr Co 300,000 330,810 2,027,001Stockton-

Comm'l A Say Bk_ 300,000 210,371 2,951,665First Nat Bank_-

__ 200,000 v344,862 v1,105,126San iciaguln Vat Bk,. . . _ 250,000_ 25,000 2,820,030 _ _ _ nckton 3av hank 4013,000.

Par.

100

Bid.

Per

100 100 192U100, 250 100 100 1001 229%

100 1000 37251!)) 102%10); 22710) 10) 60, 80100 243

103'......250 315100 101 1055), 80 2200

Per101 10) '31

10 1

Ask.--share.

145

4000

share.

CANADA-See last page.

COLORADO-Nat banks March 7; State institutions latest returns.Colorado Spgs- Per share.Colorado Say Bank 50,000 116,837 1,108,907 100 Colorado Spgs N B 100,000 91,200 723,982 100 El Paso Nat Bank_ 200.000 231,217 1,445,705 100 Exchange Nat Bk 300,000 211,211 4,542,770 100 First National Bank 200,000 488,09.1 2,934,418 100 Colo Title dr Tr Co_Denver-

300,000 93,174 1,417,903 100 Per share.Central S Bk & Tr_ 300,000 88,687 4,425,459 no

City Bank & Tr Co 100,000 5,982 537,633 100 Colorado Nat Bank 500,000 1,528,914 19,386,000 100 Denver Nat Bank 1,000,000 1,308,582 14,617,703 100 Denver Stk Yds Bk 100,000 105,000 1,212,000, 100 First National Bank 1,250,000 320,590 20,869,474' I (VI Hamilton Nat Bank 250,000 57,224 2,057,645 100 U S National Bank_ 400,000 437,423 7,905,809 IOU German-Am Tr Co_ 500,000 198,102 4,913,733 In0 Hibernia Bk&Tr Co 100,000 6,619 777,397 100 International Tr Co 350,000 709,491 9,474,000 t044 Interstate Trust CoLeadville-

200,000 40,321 1,758,002 Per share.American Nat Bank 100,000 23,101 602,750 to,) Carbonate Nat Bk.. 100,000 d32,960 d2,058,104 106 Pueblo-

First National Bank 300,000 070,322 10,219,169 100 Pueblo Say & Tr Co 100,000; 110,130 2,385,670 100

CONNECTICUT-Nat. banks March 7; State institutions March 7.

Bridgeport- Per share.City National Bank 250,000; 538,171 4,253,614 104 230 Connecticut Nat Bk 332,100; 401,629 2,775,1791 100 200 First Bridgeport NB 1,000,000' 1,003,502 7,064,212, 100 185Bridgeport Tr Co_ 500,000 270,000 4,138,339, 100 170 Amor Bk & TrCo_ 100,000; 30,894 1,470,915' 100 100

Hartford- Per share.Am Indus'l B tic TCo 100,000 d106,364 d985,223 100 City 13k & Tr Co 440,000; 144,014 2,231,941 Ou 132 Conn Myer ilkg Co 150,000i 342,930 3,128,063 3(1 140First National Bank 650,000; d563,224 d5,242,729 100 199 Hartford-Aetna N B 2,000,000 2,029,884 11,280,388 100 199 National Ex Bank_ 500,0001 431,792 2,847,036 50 85Phoenix Nat Bank. 1,000,000. 782,099 11,475,226 100 210 215State Bank A Tr co, ' 400,00400,001) 533,092 5,942,233 100 300 United States Rani( 100,000 332,429 2,337,050 100 500 Conn Tr A S D Co 750,000, 854,029 6,892,434 101 450 Fidelity Trust Co..100,000 138,911 1,272,135 100 300 Hartford Trust Co 500,000 631,717 4,433,092 100 430 Riverside Troist Co 150,000 142,517 1,208,676 400 220Security Tr Co 200,000 241,719 2,077,322 100 300

New Haven- Per share.City Bank of N H_Merged In New Hay en Bk N B AFirst National Bank i 500,00o 453,371 2,611,221 100 183 Mechanics' Bank__ 300,000 381,597 2,308,083 60 120 Merchants' Nat Bk 350.000 . .

I I 50 70 New Hay Bk N B A 1,201,000 1,308,329 0,238,387 100 200 208Nat Tradesm's Bk 300.0041 488,701 1,810,765 100 193 N II Co Nat Bank Merged In New Hay en Bk N B APeople's Bk & TrCo 272,300 127,072 2,522,400 100 115 135Seoul Nat Bank...750,000, 807,867 2,152,668 100 193 Yale National Bank 500.000 410,949 2,653,747 100 110 Un A N Hay Tr Co 6I0,00o 580,107 :3,289,287 100 190 • Sale price. a Capital pa Ii In; authorized amount is larger. b This is capital paid in; authorized a'nount Is larger; when full paid, par valuewill also be Increased. k Capita is to be Iucreaied. z Ex-rilvidend. h Ex-rights. e Figures are of date March 4 1915. s Sept. 2 1915. 1 June 23.1015. • Nov. 10 1915. e May 19 1915. d Dec. 31 1915. n May 11915.

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 Puller Returns may be Pound in the Advertising Columns

CONNECTICUT-(Concluded.)

Capital.Surplus

db Profits.Gross

Deposits. Par.-

Bid. Ask.

Norwich- $ $ $ Per share.

Merchants' Nat Bk 100,000 33,447 328,384 100 105

Thames Nat Bank_ 1,000,000 598,206 2,012,168 100 160

Uncas Nat Bank__ 100,000 28,800 410,769 100 100

Waterbury-Per share.

Citizens' Nat Bank_ 300,000 162,479 2,047,890 100 130

Manufac's' Nat Bk 200,000 163,881 3,069,470 100 170 200

Waterbury Nat Bk 500,000 434,089 2,821,082 50 75 82

Colonial Trust Co.. 400,000 449,720 4,764,691 100 190

Merchants Tr Co....7317e+tavh11,17 Tr On

100,0009nn non

43,839An 14.2

1,147,5371 _:1:12.ARR

100Inn

110 110

DELAWARE-Nat banks March 7; State institutions latest returns.

I Wilmington-Per share.

Central Nat Bank.. 210,000 95,576 846,032 100 110 120

Farmers' Bank_ _ _ _ 200,000 81,714 1,696,438 50 100 110

Nat Bk of Delaware 110,000 152,707 1,088,749 100 200 215

Union Nat Bank.._ _ 203,175 652,257, 3,337,901 25 78 84

Delaware Trust Co 100,000 147,091, 361,673 100 200 225

Equitab Gu & Tr Co 500,000 853,766 2,875,260 100 230 245

Security T & S D Co 600,000 817,694 2,997,071 100 230 245

Wilmington Tr Co_ 1,000,000 707,847 9,246,478 50 112 118

DIST. OF COLUM -Nat. banks March 7 other institutions March 7.

Washington-Per share.

American Nat Bk.._ 600,000 250,417 3,209,660 100 152 160

Columbia Nat Bk_ 250,000 307,969 2,004,463 100 240 250

Commercial Nat Bk 750,000 582,362 6,631,685 100 194 200

Bank of Com & Say 100,001 h35,447 h481,542 10 12

District Nat Bk___ 550,000 187,465 3,394,383 100 136

Farm & Mech Nat.. 252,000 406,844 1,183,167 100 240

Federal Nat Bk___ 500,001 164,302 2,278,615 100 141

Franklin Nat Bk__ 225,001 h40,315 h1,430,430

Home Savings Bk_ 100,001 326,294 5,073,404 100 395

Lincoln Nat Bank.. 300,000 157,337 2,192,344 100 160

Nat Bank of Wash.. 1,050,000 h740,760 h3,611,325 100 220 225

Nat Capital Bank_ 200,000 244,706 897,092 100 215

Nat Met Bank__ 800,000 629,632 4,718,955 100 199

Riggs Nat Bank__ 1,000,001 2,226,914 10,048,784 100

Second Nat Bank__ 500,001 219,191 1,810,195 100 142 155

Amer Secu & Tr Co 3,000,000 2,377,781 9,530,556 100 x258 263

Continental Tr Co_ 1,000,000 h244,599 h2,143,138 100 122 125

Nat Say & Tr Co__ 1,000,001 1,327,230 7,310,567 100 267

Munsey Trust Co__ 2,000,000 461,171 3,531,709

Union Trust Co___ 2,000,001 454,644 4,023,922 100 121 123

UnitedStatesSayBk 100,000 h23,324 h886,318Wash Loan & Tr Co 1,000,000 1,260,639 6,869,700 100 228

FLORIDA-Nat. banks March 7 State institutions latest returns.

Jacksonville-Atlantic Nat Bank..Barnett N B of JackFlorida Nat BankGuaranty T & S BHeard Nat Bank__Tampa-

American Nat BankBank of CommerceExchange Nat BankFirst Nat Bank__ _

380,000750,000500,000100,000

1,000,000

250,000100,000250,000400,000

5871,162757,214313,06549,239264,981

204,26825,097

303,838500,112

h7,660,6556,728,6745,597,163448,275

4,221,362

1,438,506483,699

2,434,4053,065,682

100100100100100

Per share'

OBORGIA-Nat. banks March 7; State institutions latest returns.

.Atlanta-American Nat Bk_ _Atlanta Nat Bank__Central Bk & TrCorFourth Nat Bank__Fulton Nat Bk_ _ _ _Ga Say Bk & Tr Co_Germania Say BankLowry Nat Bank__

Nat Bank_ _ _Atlanta Trust Co__Trust Co of GeorgiaAugusta- .

Augusta Savings Bk()wrest RR Bank_Merchants' Bank__Citizens & Sou. Bk.Net ExchangeBankPlanters' L & S Bk_Union Say Bank.. _Columbus-

Columbus Say BankFourth Nat Bank.._Home Savings BankMarch de Mech Bk_Nat Bk of ColumbusThird Nat Bank.. _ _Macon-

American Nat BankCitizens' Nat BankFourth Nat Bank__Macon Nat Bank...,Central Trust Co__Continental Tr Co..Macon Savings Bk_Savannah-

Citizens' & South BkCommercial Bank..Exchange Bank __Germania Bank _ _Hibernia Bank ofSavannah

Merchants' Nat BkNat Bk of SavannahOglethorpe Say & TrSavannabBk&TrCoCitizens' Trust Co_Chatham Bk&TrCo

600,0001,000,0001,000,000600,000500,000200,000200,000

1,000,0001,000,000500,000

1,000,000

50,000600,000200,000

Branchoffi400,00050,000100,000

200,000300,000300,000125,000200,000250,000

500,000250,000300,000150,000200,000250,000200,000

1,000,000100,000125,000300,000

200,000500,000400,000125,000630,000150,000500.000

662,5091,379,168570,000

1,053,977125,817124,30338,247

1,281,947968,96744,297

1,009,060

50,720476,137301,037

ce see retu240,104203,16045,000

119,329110,617105,000132,471209,461384,559

446,007139,062304,87418,47121,09070,00021,888

1,194,56744,26187,663388,363

254,540215,713682,424279,283682,98964,863162,068

3,705,5367,426,7864,500,0008,022,6861,580,360705,960196,110

6,170,5345,939,785156,070

2,758,129

707,2684,054,999886,048

m of bank1,220,8801,031,469960,000

1,011,462454,636525,000491,820336,191635,293

3,141,4561,600,1982,710,119314,79744,884455,000238,084

7,694,001361,700796,217

1,425,366

836,675590,592

2,800,5961,558,9062,987,482320,726

2,043,103

Per100 192100 275100 140100 287100 106100 160100 100100 225100 215100 60100 263

Per100 140100 150100 150und erSava10 1251 40100 135

Per50 100 100 100 100 100

Per100 150100 118100 175100 70100 50100 88100 85

Per100 2233i1001 113100 173100 162

100 170100 108%100 207;i100 y100100, 1651001 100'

share.19728514229211017010522721865265share.

160mush13045

share.

share.15512018072609090

share.

133%120

IDAHO---Nat. banks March 7; State institutions latest returns.

Boise City-Boise City Nat Bk. 250,000 229,099 2,648,1481 100 First Nat of Idaho.. 300,000 250,863 2,338,982, 100 Idaho Nat Bank__ 100,000 t24,962 *1325,533: 100 Pacific Nat Bank__ 300,000 148,970 11,232,1041 100 Overland Nat Bank 100,000 e20,767 e410,827'_-_--

ILLINOIS-Nat. banks March 7 (close of business); State institutions

Jan. 25 (opening of business).

Capital.Surplus& Profits.

GrossDeposits. Par. Bid. Ask.

Aurora- $ $ $ Nom inal.

Aurora Nat Bank__ 100,001 276,704 1,552,581 100 400 450

First Nat Bank.._.._ 100,000 169,265 2,057,894 100 275 300

German-Am NatBk 100,000 160,863 1,341,682 100 275 300

Merchants Nat Bk_ 100,000 164,690 1,814,922 100 276 300

Old Second Nat Bk 200,000 109,836 911,431 100 110 125

Aurora Tr & Say Bk 100,0001' 6,950 135,067 100

Chicago-I Per share.

Aetna State Bank__ 200,000 26,511 587,920 ---- 106 110

Amer State Bank__ 400,000 170,622 2,100,386 100 190 195

Atlas Exch Nat Bk 200,000 300,000 ___ 118 125

Austin State Bank_ 200,000 49,392 2,404,059 100 210

Calumet Nat Bank 100,000 62,889 1,196,459 100 205

Capital State SayBk 200,000 29,096 550,189 100 108 110

Central Mfg Dis Bk 250,000 64,984 1,463,694 100 145 155

Coat ce Corn Nat Bk_ 21,600,00011,806,713 243663393 100:261 263

Corn Exch Nat Bk__ 3,000,000 7,055,867 88,938,963 100 x424 426

DepositorsSt&SBk_ 300,000 84,446 920,271 ---- 119 122

Drexel State Bank- 350,000 161,343 3,072,864 100 194 197

Drovers Nat Bank. 750,000 375,670 11,152,254 100 220 230

Englewood State Bk 200,000 43,467 1,514,477 100 163 168

First National Bank 10,000,00012,561,969 157925985 100:472 475

First Nat Englew'd 150,000 1271,394 13,781,913 100 340 345

Foreman Bros Bg Co 1,000,00s 532,804 14,324,984 100

Ft Dearborn N Bk_ 2,000,001 874,557 38,952,490 100 225 235

Garfield Pk St S Bk 200,000 51,267 1,204,060......- 131 135

Halsted St State Bk 200,000 36,137 698,879 100 125 129

Hibernian Bkg Assn 2,000,000 1,397,737 27,343,436 100

Hyde P'k State Bk_ 200,000 66,527 1,070,964 100 x138 140

Kaspar State Bank 400,096 276,507 4,949,331 100 290 300

Lake View State Bk 200,001 4,949 931,476 100 105 108

Lawndale State Bk 200,001 85,084 1,319,142 100 255 265

Lincoln State Bank 200,000 22,272 478,896 100 100

Live Stk Ex Nat Bk_ 1,250,000 620,167 14,441,393 100 230

Mach & Trad St Bk 200,000 69,230 1,055,923 100 126 129

Nat Bk of Republic- 2,000,000 1,324,737 29,779,902 100 161 165

National City Bank 2,000,000 920,645 33,989,808 100 156 158

Nat Produce Bank_ 300,000 84,804 2,723,109 100 167 171

North Ave State Bk 200,006 75,831 2,496,919 100 109 111

NoSIdeStateSayBk 200,000 14,270 1,267,588 100:124 126

North West State__ 300,000 75,748 1,806,998 100 158 161

Ogden Ave State Bk 200,000 9,202 430,543 100

People's Stock Y'claState 500,000 225,717 5,172,432 100 290 300

PioneerStateSavBk 200,000 38,337 523,653 100 111 113

Roseland State 8 Bk 200,000 58,571 858,398 100

Second Security Bk 200,00 61,292 1,368,072 100

Security Bank 400,000 223,170 3,401,980 100 250 255

So Chicago Say Bk. 300,000 177,000 2,655,474 100 220 225

South Side State 200,000_ 41,971 1,946,393 100 138 143

State Bk of Chicago 1,500,000 ii,441,107 27,834,954 100 399 403

Stock Yds Say Bk- 250,000 292,356 3,833,121 100 400 425

Union Bank of Chic 500,000 159,430 2,569,410 100 145 150

WashingtonPkNBk 100,000 e37,664 61,953,269 100 250

West Englewood-Ashland State Bk 250,000 54,017 1,043,107 100 151 155

West Town State Bk 200,000 43,356 764,464--- 116 120

Central Tr Co of III 4,500,000 1,453,886 45,318,010 100 202 205

ChicCityBk&TrCo 500,000 487,094 3,432,781 100 250 260

ChicagoSBk&TrCo 1,000,000 264,137 7,888,101 100:139 141

Chic Title de Tr Co. 5,600,000h3,587,598 100

Cont & Com T & S B 3,000,000 1,912,097 31,619,782 100 DroversTr&SayBk 250,000 264,570 3,722,962 100 310

First Tr & Say Bk_ 5,000,000 5,404,47369,267,993 100

Ft Dearb Tr dr S Bk 50O,00t 171,614 4,079,919 100 -..- -- --

FranklinTr de Sy Bk 300,000 171,219 1,469,003 100 157 160

Greenebaum Sons'Bank & Trust Co 1,500,000 551,791 5,821,381 100

Guarantee Tr & Sav 200,000 70,970 543,517 100 139 142

Harris Tr & Say Bk 1,500,000 3,122,369 27,094,991 100 580 625

Home Bk & Tr Co_ 30O,0O0 94,976 1,799,694 100 180 185

Illinois Tr dz Say Bk 5,000,00011,011,597 108473061 100 485 490

Kenw'dTr &Say Bk 200,000 160,301 2,210,181 100 180 184

Lakeview T dz S Bk 400,000 148,094 2,658,512 100:182 185

Liberty Tr dr S Bk_ 250,000 50,234 1,246,056 100 153 158

Lincoln TrdeSavB - 200,000 30,522 339,766 ......., 119 123

Market Tr de Say__ 200,00 35,410 464,998 100 96 100

Mercantile Tr dr Say 250,00 66,564 2,007,964 100 150 154

Merchants L & Tr Co 3,000,000 7,941,049 75,663,315 100 440 443

Michigan Av Tr Co 200,000 73,569 1,422,880 100 106 108

Mid-City Tr & S Bk 500,00 161,007 3,083,681 100 190 195

Northern Tr Co Bk 1,500,00 2,753,368 34,164,205 100 268 272

Northwn Tr & 13 Bk 300,000 160,140 5,010,100 100 275 280

People'sTr&SayBk 500,00 273,467 8,571,681 100 280 285

PullmanTr&SayBk 300,00 345,269 3,980,437 100 200

Sheridan Tr Say Bk 200,000 59,170 1,949,196 100 168 171

Sou West Tr & Say 200,000 30,241 758,986 100 125 127

StandirdTrdzSayBk 1,000,000 457,914 6,286,609 100:156 159

Stockmen's Tr S Bk 200,001 72,944 1,215,531 100 150 160

Union Trust Co...... 1,500,001 1,573,494 30,979,941 100

CV Side Tr & Say Bk 400,001 153,811 4,721,461 100 300 325

WoodVnTrdzSayBk 200,000 152,969 2,011,100 100 215 220

El g I n- Per share.

Elgin Nat Bank_.._ 100,000 20,804 555,311 100 First Nat Bank_-__ 200,006 143,331 963,615 100

Home Nat Bank..__ 150,000 175,271 963,394 100

Union Nat Bank...... 100,001 n25,000 n450,000 100

Elgin City B'k'g C. 100,00. 179,494 1,518,169

Home Tr & Say B 100,000 94,601 899,859 100

Peoria-Central Nat Bank.. 300,000 h273,376 h2,728,440 100

Corn'! Ger Nat Bk_ 750,000 h942,123 h5,243,913 100

Dime Say dr Tr Co_ 250,001 188,320 1,868,805

First Nat Bank__ 550,006 470,431 4,514,343 100

Home Say & State_ 120,0001,734,788 100

Illinois Nat Bank_ Merged in Merch;ints& Ill Nat Bk.

State Tr & Sav Bk 200,000 62,631 1,088,162 _ .

Merchants & Ill N B 500,000 h226,567 h3,722,632 169

First Tr & Say Bk.. 150,000 282,000 2,212,536 100 .

Q r. I n cy-Illinois State Bank 300,000 19,560 1,142,550

Quincy Nat Bank__ 100,000 83,053 1,092,199 100

Ricker Nat Bank_ 500,000 393,355 4,610,432

Mercantile Tr & S B 200,000 86,472 1,074,044

State Say L & Tr Co 1,000,000 525,389 5,193,376

• Sale price. a Capital and surplus to be increased. b Capital to be increased. o Capital paid in; authorized amount is larger. s Ex-divi-

dend. ri New stock. v These figures date Nov. 11 1915. dJune 23 um • Sept. 2 1915. 1 Last sale. n July 29 1915. s Feb 28 1916.

h Dec. 311915. t Nov. 10 1915.

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

APR. 1916.1 BANKS AND TRUST COMPANIES. 57

Where Names are Printed in italics Puller Returns may be Found In the Advertising Columns

1ILLINOIS-Nat. banks March 7; (close of business); State institutionsJan. 25 (opening of business).

Capital.Surplus

de Profits.Gross

Deposits. Par. Bid. Ask.

Rockford- $ $ $ Per share.Forest City Nat Bk 100,000 169,572 11,249,006 100 -- - -Manufrs Nat Bank 200,000 81,569 1,921,498 100 Peoples Bk & Tr Co 125,000 209,211 1,338,982 100 Rockford Nat Bank 100,000 230,557 2,595,147 100 Swedish Am Nat Bk 125,000 48,014 783,805 100 Third Nat Bank___ 250,000 249,183 2,064,845 100 Winnebago Nat 13kSpringfield-

250,000 314,765 1,785,380 100 Per share.

Farmers Nat Bank 200,000 373,637 2,211,414 100 First National Bank 250,000 224,862 1,739,741 100 Illinois Nat Bank__ 300,000 163,290 2,070,279 100 Ridgely Nat Bank_ 300,000 163,979 2,407,827 100 Sp'gfield Marine Bk 300,000 479,466 2,408,490 100 state Nat Bank___ 200,000 146,197 1,580,533FirstT&SB ,Springf . 100,000 98,602 839,927Sangamon L&Tr Co 400.000 84.690 2,317,396

INDIANA-Nat. banks March 7; 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 Bk_Indiana Nat Bank_Merchants' Nat Bk_National City BankPeople's State BankAetna Tr & Says 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

500,000500,000300,000800,000

239,679e433,682a333,96094,640117,44949,500

223,807v117,494h320,017h189,56333,00097,147131,140

62,2311,226,1291,354,7121,058,140225,99725,17417,167

128,92214,362

337,007791,622

4,995649,04222,397

654,097371,824169,167122,594

4,598,628e4,004,310s3,509,1641,511,3391,390,0591,315,298

4,700,425v3,064,957h3,447,489h3,938,9241,554,7081,763,6555,119,987

732,6472,887,49914,602,60314,304,8816,949,1792,995,717567,052

1,503,4891,348,648882,695

9,751,1017,794,9341,107,8292,834,322334,358

2,793,3913,000,5681,674,7973,000,212

100 100 100 100 100

100 100 100 100 50 50 100

100 100 100 100 100, 100

d 50 100 100 100 100 100 100 100 Nominal100 100 100 100

Per

Per

share.

share.

prices300180165135

IOWA-Concluded.

Capital.Surplus

if Profits.Gross

Deposits.

Sioux City-Continental Nat BkFirst National BankLive Stock Nat Bk_Nat Bank of CommNorthwest Nat Bk_Security Nat Bank..Woodbury Co S BkFarmers' L & Tr Co

100,000600,000100,000100,000100,000250,00050,000

500,000

10,417163,860129,06225,199

115,374284,981103,64221,924

$550,711

7,905,0273,031,2971,812,1061,569,8454,796,9151,387,491t1,539,238

Par.

No

100100100100100100100

Bid.

minca

Ask.

prices

KANSAS-Nat. banks March 7; State institutions latest returns.- Kansas City-Commercial Nat BkExchange State BkPeople's Nat Bank_Banking Trust Co_Kansas Trust Co.._Topeka-

Bank of Topeka___Central Nat Bank_Farmers' Nat BankMerchants' Nat BkShawnee State 13k_State Say Bank.. _ _Prudential Trust Co

300,000100,000200,000200,000125,000

310,000200,000100,000.100,00060,000100,000,100,000'

437,547115,494h27,521

106,000

235,791110,08929,691108,63135,10768,99767,700

6,762,6881,392,764

h1,040,662250,000435,000

2,719,4283,619,095482,383

1,836,929691,297

1,403,714590,000

Per10() 300100001 215130100' 100 250

100100100100,100100,100:

share.

100

KENTUCKY-Nat. banks March 7; State institutions latest returns.Covington-

Citizens' Nat BankFirst National BankGerman Nat Bank_Covington S B & TrPeople's S Bk & Tr_

Lexington-Fayette Nat BankFirst & City Nat BkPhoenix& Third N BSecond Nat Bank

Louisville-Amer-Southern N BCitizens' Nat BankFirst National BankGerman Bank Germ Insurance 13kGerman Secur BankKent Tit S B& T CoLincoln Say Bank..Louisv Nat Bkg CoNat Bk of Comm_ _Nat Bk of KentuckySouthern Nat BankStock Yards Bank..Union Nat Bank.._ _Fidelity de Colum TrLouisville Trust CoUnited States Tr CoNewport-

German Nat Bank..Newport Nat Bank

200,000600,000350,000100,000100,000

300,000800,000800,000150,000

800,000600,000500,000250,000250,000179,000350,000350,000250,000800,000

1,645,000500,000100,000500,000

2,000,000806,100350,000

100,000100,000

v167,440158,790v127,55945,00732,163

317,839476,580191,029125,947

61,714684,917180,844593,974550,124187,91071,44338,132

123,930612,298

1,526,417Consolidat

71,749558,627740,027234,233109,866

v100,263v93,467

v1,340,6312,477,822v1,279,132

634,066553,617

1,447,2591,998,8422,151,666554,180

7,836,2465,085,6162,011,2714,328,1475,112,2111,091,7341,084,317785,886

2,221,5476,872,1276,982,721d with Am

612,4614,633,9773,106,2871,609,372819,489

v746,363v566,552

Per !share.10(,' 17510e 140 ;150106 125 1135100 141 I 100 115

Per ;share.100 .232100 190 :192%100 142145100 205 I

Per!share.100 12831130100 282 ;320100 100 350 50 150 1,165100 195 ,200100 100 100 85 I 88100 130106 260 265100 216

er N at Ban k100 175 ;200100 266 :300100 227 230100 154 ;157100, 116 1124

Per !share.100; 170 1175t OQ' 200 '

LOUISIANA-Nat. banks March 7; State institutions latest returns

IOWA-Nat. banks March 7; State institutions latest returns.

Burlington- Per shard.Burlington Say Bk_ 100 000 34,462 1,014,426 100 110First National Bank 100,000 75,912 851,156 100 y170Germ-Amer Say Bk 150,000 474,260 3,126,927 100 300Iowa State Say Bk_ 200,000 309,074 3,405,723 100 250Merchants' Nat Bk 100,000 126,879 1,857,621 100 225National State Bk_ 150,000 164,842 1,374,823 100 250Cedar Rapids- No minal Prices

Cod Rapids Nat Bk 500,000 263,876 9,321,095 100 146 Cod Rapids Say Bk 200,000 121,949 2,266,697 100 160 Iowa State Say 13k_ 100,000 20,195 1,199,363 100 120 Merchants' Nat Bk 300,000 474,571 8,298,336 /00 276 People's Say Bank_ 50,000 26,049 892,081 100 152 Security Say Bank_ 200,000 93,000 1,900,000 100 150 Amer Tr & Say Ilk_ 100,000 110,000 2,100,000 100 208 Council Bluffs- Per share.

City National Bank 120,000 52,109 1,130,112 100 Commercial Nat Bk 100,000 h35,302 h621,007 100 Coun Bluff Say Bk_ 150,000 185,000 2,400,000First National Bank 200,000 h200,610 h2,510,467State Savings Bank 50,000 100,000 1,228,093 100 Davenport- Per share.

Davenport Say Bk_ 300,000 471,414 4,540,790 100 300 315Farm & Mech Say.. 100,000 110,000 1,680,000 100 250 260First National Bank 200,000 h210,289 h3,059,604 100 275 300German Say Bank_ 600,000 1,031,261 11,432,834 100 400 405Iowa Nat Bank__ __ 150,000 h260,227 h2,463,730 100 250 300Security Say Bank_ 50,000 34,000 530,000 100 165 Scott Co Say Bank_ 250,000 413,613 4,683,398 100 360 375Union Savings Bk_ 200,000 183,370 3,039,774 100 310 315Citizens' Tr & S Bk 50,000 6,086 430,748 100 135 140Des Moines- Per share.Cap City State Elk_ 150,000 53,442 1,795,920 100 Central State Bank

Century Say Bank_Citizens' Nat BankCommercial Say Bk

250,000100,000300,00050,000

261,11720,187151,26921,949

3,541,2951,361,8702,195,3971,017,342

100 100 100 100

Des Moines Nat BkDes Moines Say Bk

750,000200,000

195,216151,074

8,623,8872,721,666

100 100

Home Savings BankIowa Tr & Say Bk_Iowa National BankIowa State Bank.._Mechanics' Say Bk

50,00050,000

1,000,00080,00050,000

31,69726,240

579,6675,94719,919

1,248,443610,627

10,918,634340,036768,709

100 100 100 100 100

People's Say Bank_ 100,000 200,673 2,470,715 100 State Savings Bank 100,000 27,037 1,020,311 100 University State Bk 50,000 22,331 309,667 100 Valley Nat Bank__ 300,000 262,970 3,360,080 100 Valley Say Bank__ 50,000 122,776 1,261,698 100 Iowa Loan & Tr Co 500,000 581,379 t2,741,711 100 Dubuque-

Citizens' State Bk_ 100,000 17,560 571,700 100 100 110Dubuque Nat Bank 100,000 20,000 867,911 100 Dubuque Say Bank 75,000 40,479 1,062,910 100 125 130First National Bk_ 200,000 184,139 2,2()9,568 100 175 200German Say Bank.. 150,000 73,390 1,051,40:3 100 125 130German Tr & S Bk.. 150,000 160,000 2,050,000 100 125 130Iowa Tr & Say Bk_ 300,000 192,463 1,723,761 100 165 170Second Nat Bank.. _ 200,000 64,869 1,476,499 100 135 140

New Orleans-Bank of Orleans......Canal Bk & Tr CoCitizens' Bk & Tr CoCity Bank & Tr CoCommercial Nat BkCommercial GermTrust & Say Bk_

It-State Tr & BCoMetropolitan BankHibernia Nat BankNew Orleans N Bk_U S S Dp & Say BkWhitney-Cent N BHibernia Bk&Tr CoWhitney-Cent Tr &Savings BankShreveport-

American Bk&T CoAmerican Nat BankCommercial Nat BkFirst National BankFirst Say B & Tr CoContin'l B & Tr CoRed Riy Val B & T

100,0001 109,2972,000,0001 674,864400,000 187,184150,000, 80,316300,0001 657,503

1,250,000 885,739750,000; 510,749400,000; 223,576400,000' c80,710

1,000,000 731,409100,000 154,460

2,500,000 1,728,7621,500,000, 2,144,869

1200,000 349,642

100,000150,000500,000500,000100,000300,000150,000

23,268h34,049542,932242,61771,27442,00060,000

1,952,87216,299,6862,948,4182,141,4615,223,931

11,731,4636,024,1962,398,146c1,116,2016,319,2021,441,859

18,752,17319,800,900

6,615,497

100100100100100

Per ,share.250 I 185%1 130140 415

100 230 , 100 2033;300100 141 1151

100 180 !200100 170 110000 322251

275,093, 100h871,093 1005,741,409 1003,373,127 100815,470 1001

1,250,000 125!425,000 10'

Per share.

MA1NE-Nat. banks March 7; State institutions latest returns.-Bangor- Per ;share.

First National Bank 400,000 381,497 1,578,984 100 150Merchants' Nat Bk 100,000 274,190 878,780 100 300 Second Nat Bank 150,000 501,309 797,783 100 315 EasternTraz BkgCo 175,000 595,000 5,000,000 100 343Kenduskeag Tr Co_ 100,000 124,913 1,212,648 100 ------160Merrill Trust Co__ 200,000 277,740 2,322,690 100 225 Portland- Per share.

Canal Nat Bank__ 600,000 408,397 2,756,868 100 105 107Chapman Nat Bank 100,000 44,137 2,833,950 100 105 107First National Bank 600,000 501,982 3,894,708 100 119 121Portland Nat Bank 300,000 513,639 7,661,468 100 180 185Fidelity Trust Co.... 400,000 548,767 10,429,467 100 205 207Casco-Merentile Tr 500,000 200,000 7,863,000 ____ 125 140Union S D & Tr Co 250,000 305,947 719,352 100 180 190

MARYLAND-Nat. banks 3farch 7; State institutions latest returns.Baltimore-

Bait Commer'l BkCalvert Bank Canton Nat Bank..Citizens' Nat BankCommonwIth BankDrov dc Mechanics'Nat Bank

Farm & Mer N Bk_First National BankGerman-Amer BankGerman Bk of BaltMercantile Bank.._Merch-Mech Nat.. _Nat Bank of BaltimNat Bank of CommNat Exchange Bank

281,500100,000100,000

1,000,000200,000

600,000650,000

1,000,000300,000400,000100,000

2,000,0001,210,700500,000

1,500,000

61,431 874,80775,487 2,606,63327,714 963,311

2,199,56012,966,102140,737 3,025,071

479,307 7,363,821269,326 3,290,682379,381 5,865,474159,613 1,345,178264,719 1,663,747109,463 1,278,866

1,935,30919,759,619321,660 8,301,109590,935 7,496,664873,611 5,891,699

Per share

70105 100 10 43% 50 90

10: 200 21043 45A 464109 130 141106, 1(18100. 120

2„^ 4510 27 29

10(' 15615 33 34

100 150 154

*Sale price. a Capital and surplus to be increased. b Capital to be increased. 2 Ex-dividend. c Figures date -Tune 23 1915n Nov. 11 1915. rApril 30 1015. s Oct. 28 1915. t Includes debentures. • Nov. 10 1915, d This is amount paid in OD shares, par value$100; we quote per share, not pee cent. y Last sale. e Sept. 2, 1915. h Dec. 31, 1915.

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

58 BANKS AND TRUST COMPANIES WoL. 102.

Where Names are Printed in Italics Fuller Returns may be Found in the Advertising Columns.

MARYLAND-(Continued.)

Capital.SurplusProfits.

GrossDeposits. Par. Bid. Ask.

Bait. (Con.)- $ $ $ Per share.Nat Marine Bank__ 400,000 191,327 2,781,686 30 39 41Nat Un Bk of Md..... 1,000,000 660,891 2,505,348 100 133 139Old Town Nat Bk_ 250,000 126,767 1,554,418 10 13 Second Nat Bank__ 500,000 1,092,367 1,229,699 100 200 State Bk of Mary'd 500,000 176,717 2,731,726 25 26 Western Nat Bank_ 500,000 555,679 3,229,374 20 36 Baltimore Trust Co 1,000,000 2,083,097 5,884,479 50 145 155Colonial Trust Co_ 300,000 71,986 1,189,695 25 28 Continental Tr Co_ 1,350,000 1,591,250 8,844,048 100 180 Fidelity Trust Co__ 1,000,000 1,259,040 10,720,373 100 300 Weird Tr Co 1,000,000 253,779 3,202,228 100 105 110Mere Tr & Dep___ . 1,500,000 3,244,747 15,140,939 50 220 230Equitable Trust Co 1,000,000 264,342 8,269,339 100 363,1 38XSafe Dep & Tr Co 600,000 2,647,824 13,493,335 100 600Union Trust Co 500,000 292,860 3,417,055 50 69 72M

Frederick- Per share.Citizens' Nat Bank 100,000 429,207 3,760,247 100 500 Far & Mech Nat Bk 125,000 150,249 1,598,211 25 38 Franklin Say Bank.. 90,000 37,972 581,244 100 115 Fred'k Co Nat Bk_ 150,000 85,744 872,194 15 21 Fr'k Town Say Inst k150,000 142,268 1,527,308 100 170 Central Trust Co.__ 200,000 211,600 1,219,277 100 100

MASSACHUSETTS--Nat.bks. (szc.Boaton) March 7; Stage inst. latest rerns.

Boston- Deposits of banks do te April 1. 1916 Per i share.Boylston Nat Bank 700,000 341,399 3,940,000 100 130 135Commercial Nat Bk 250,000 269,231 2,211,000 100 165 First National Bank 5.000,00012,267,142 112914000 100 422 427First Ward Nat Bk Merged in Metropol itan Tr CoFourth-AtlanticNat Bank 1,500,000 1,648,349 18,851,000 100 205 215

Hyde Park Nat Bk_ 100,000 87,834 h903,709 100 Merchants' Nat Bk 3.000,000 3,381,325 63,090,000 100 290 293Mutual Nat Bank_ Merged in Metropolitan Tr CoNat Rock Bk of Rox 300,000 649,876 h4,206,134 100 300 325Nat Security Bank.. 250,000 1,033,789 2,619,000 100 400 425Nat Shawmut Bank 10,000,000 7,659,204 127281000 100 197 198Nat Union Bank__ 1,000,000 1,260,599 10,469,000 100 195 200Old Boston Nat Bk 900,000 377,324 2,354,000 100 130 135People's Nat, Roxb 300,000 284,247 h2,891,062 100 140 145Second Nat Bank.._ 2,000,000 3,559,722 32,908,000 100 315 317Web&Atlas N't Bk 1,000,000 1,360,930 7,149,000 100 210 215American Trust Co 1,000,000 2,481,748 18,975,924 100 365 370Beacon Trust Co__ 600,000 997,514 11,847,338 100 250 275Boston S Dep & Tr 1,000,000 3,092,277 15,245,920 100 Charlestown Tr Co 200,000 36,486 d1,448,248 100 Columbia Trust Co 100,000 54,096 846,660 100 Comm'w'Ith Tr Co_ 1,000,000 728,807 20,969,819 100 175 180Cosmoplin Tr Co.._ 200,000 124,967 d3,391,012 100 Dorchester TrCo__ 200,000 87,160 3,621,907 100 Exchange Trust Co 600,000 434,169 5,008,741 100 150 160Federal Trust Co.._ 1,000,000 430,074 8,226,334 100 125 135Fidelity Trust Co.._ 750,00 208,863 2,593,826 100 International Tr Co 1,000,00 1,171,494 15,743,376 100 Liberty Trust Co.._ 200,00 309,478 3,445,482 100 256 260Market Trust Co__ 250,00 238,190 1,652,925 100 140 150Massachusls Tr Co 500,800 337,742 d6,258,445 100 Mattapan D&T Co 100,00 153,711 1,452,625 100 200 Metropolitan Tr Co 300,00 317,069 3,831,102New Eng Trust Co.. 1,000,00 3,093,784 23,310,000 100 Old Colony Tr Co__ 6,000,00 6,636,876 115873764 100 250 255Old South Tr CO_ __ 200,00 100,963 849,804 100 110 120Prudential Tr. Co_ 200,000 71,564 d554,812 100 Puritan Trust Co.._ 200,00 206,170 2,767,496 100 State St Trust Co__ 1,000,00 1,677,847 24,951,117 100 Tremont Tr. Co -- 200,00 60,172 1,092,412 100 U S Trust Co 300,00 1,520,607 8,989,664 100

Beverly- Per share.Beverly Nat Bank. 300,00 213,029 1,218,226 100

Brockton- Per share.Brockton Nat Bank 300,00 308,767 2,553,240 100 150 Home Nat Bank.. _ 500,000 354,701 3,222,955 100 140Plym'th Co S D dt-T 100,000 38,477 2,422,637 100 125

Cam bridge- Per share.Cambridge Tr Co__ 100,00 184,207 2,568,776 100 Central Trust Co__ 200,00 339,464 4,844,557 100 Charles Riy. Tr. Co. 200,00 210,517 1,893,725 100 Harvard Trust Co_ 200,00 274,837 2,463,463 100

E. Cambridge-- Per share.Lechmere Nat Bank 100,000 v126,772 v757,033 100

Fall River- Per share.Fall Riv Nat Bank.. 400,00 315,490 2,418,062 100 130First National Bk_ _ 400,00 470,332 1,096,890 100 200 Mass-Pocasset NatMetacomet Nat Bk

650,00750,00

481,685348,188

2,891,2341,425,766

100100

15734 118

Durfee S Dep Sc Tr_ 400,00 510,339 2,337,466 100 200

Fitchburg- Per share.Fitchb'g Bkdc Tr Co 500,000 281,329 3,518,938 100 145 150Safety F'd Nat Bk_ 200,000 v339,041 v2,306,410 100 195 200

Gloucester-Cape Ann Nat Bk_ 150,000 142,690 1,091,886 100 Cape Ann Say Bk_ 333,009 2,950,750Gloucester Nat Bk. 100,4* 114,891 586,238 100 Glou S D & Tr Co__ 200,000 356,847 3,931,205

Haverhill-Essex Nat Bank__ 100,000 126,694 1,331,089 100

Per share.

First National Bk__ 200,000, 289,727 1,992,638 100 Haverhill Nat Bk.._ 200,000 305,976 1,658,896 100 Merchants' Nat Bk 200,000 181,379 1,300,161 100 Merrimack Nat Bk 240,000 292,782 1,109,543 100 Haverhill Trust Co 200,0001 86,494 1,789.583 100

MASSACHUSETTS-(Continued )

Capital.Surplus& Profits

GrossDeposits Par. Bid. Ask.

Holyoke- $ $ $ Per share.City National Bk__ 500,000 198,274 2,276,571 100 115 118Hadley FallsNatBk 200,000 179,264 1,450,947 100 140 150Holyoke Nat Bank_ 200,000 325,075 2,712,148 100 185 195Home Nat Bank__ 250,000 193,479 1,633,290 100 150 155Park National Bk_

Lawrence-

100,000 88,179 974,528 100 100

Per

103

share.Bay State Nat Bk_ 373,000 165,037 1,402,191 10 175 Arlington Trust Co 200,000 57,821 d1,065,451 100 125 Lawrence Trust Co 100,000 47,526 d2,023,454 100 125 Merchants' Tr Co_

Lowell-

300,000 185,207 3,759,936 100 150

Per share.

Appleton Nat Bank 300,000 237,180 1,202,437 100 x105 Old Lowell Nat Bk_ 200,000 82,671 1,162,611 100 x100 102

Union Nat Bank.... .350,000 447,901 2,780,713 100 192 Wamesit Nat Bank 250,000, 114,950 357,042 100 97 101Lowell Trust Co...... 237,700 85,867 1,580,000 100 95 100Mid'sez S D & T Co

Lynn-

100,000 52,633 d584,247 100 98

Per

100

share.

Central Nat Bank.. 200,000 359,904 2,916,968 100 230 Manufac'rs Nat Bk 200,000 124,672 2,425,689 100 140 National City Bk__ 200,000 170,672 2,623,383 100 150 Essex Trust Co_ -__ 250,000 352,922 2,183,323 100 220

Lynn S Dap de T Co 100,000 263,640 3,528,666 100 300

Security Trust Co_

New Bedford-

200,000 291,260 4,264,373 100 200

Per share.

First National Bk._ 1,000,000 909,432 1,468,648 100 147% Mechanics' Nat Bk 600,000 724,691 1,915,457 100 164 Merchants' Nat Bk 1,000,000 1,290,297 2,824,536 100 205

N Bed S D & Tr Co

Peabody-

200,000 265,764 2,090,016 100 255

Per

275

share.

Warren Nat Bank_ 200,000 133,976 976,363 IOU Per share.

Salem- No minal prices

Merchants Nat Bk 200,000 318,117 2,247,133 50 Naumkeag Tr Co__ 250,000 171,076 4,369,191 100 3a1em 8 D & Tr Co_. 200,000 109,817 1,016,468 100

Springfield-Thapin Nat Bank__ 500,000 273,986 2,303,675 100 135 140

Thicopee Nat Bank 400,000 453,746 4,293,088 100 175 180

3pringfield Nat Bk_ 500,000 860,810 5,567,831 100 230 240

rhird Nat Bank__ 500,0001 814,197 6,855,836 100 237 240

3ommercial Tr Co_ 350,000 126,263 934,9443pringfield S D & T 500,000 868,420 5,941,617 100 230 235

jnion Trust Co___ 500,000 781,784 10,317,130 100 275 295

Taunton- Perkdachinists' Nat Bk 200,000 163,946 563,253 100 150 share.

raunton Nat Bank 600,000 249,217 833,214 100 106

Worcester- PerVlechanics' Nat Bk 200,000 375,127 6,048,986 101 210 .share.

aferchante Nat Bk.. 750,000 745,274 8,756,765 10. 185 Worcester Nat Bk. 400,000 496,376 5,565,989 100 225 190

?ark Tr Co 300,000 86,000 400,000 100 __ ____ 135

Worcester Trust Co'I

1 1,000,000 559 249111I 080,290 10u 220 230

MICHIGAN-Nat. banks March 7; State inetitutione March 7.

Bay City- Per share.

Bay City Bank.._.... 250,000 297,725 2,549,731 100 190 200

People's Commer-cial dr Say Bank- 300,000 3281,436 83,432,914 100 220 240

Detroit- Per share

Amer State Bank 250,0001 158,837 t3,786,218 100 171

Central Say Bank 500,0001 172,366 7,491,769 100 250

Detroit Say Bank__ 750,0001 1,189,969 14,342,632 100 250 290

Dime Says Bank__ 1,000,0001 1,028,649 24,236,519 100 278

First Sc Old Nat Bk_ 5,000,0001 2,735,450 50,668,707 100 194German-Amer Bk_ 500,0001 156,999 5,509,507 100 195

Federal State Bank 250,0001 76,499 1,402,756 100 123 Merchants' Nat Bk 1,00O,000 365,946 6,666,702 100 174 180

Michigan Say BankNat Bk of Com'ce_

Consolidated1,000,00

with W844,937

ayne Co H19,611,437

ome100

Say Bk.210 216

Old Detroit Nat Bk Merged in First & Old Nat BankPeninsular State Bk 1,000,00 709,767 18,610,915 100 295 People's State Bank.. 2,500,00 3,569,217 56,226,212 100 270 274

United Savings Bk 500,000 136,495 5,838,200 100 230 Wayne CoHoSayBk 2,500,00 3,465,136 38,642,592 100 347 Detroit Trust Co.._ 1,000,00 2,024,981 g7,108,813 100 400

Security Trust Co_Union Trust Co

500,001,000,00()

874,397664,639

g5,698,446g4,375,512

100 100

246179

Grand Rapids- Per share.

City Tr Sc Say Bank 200,000 88,369 1,572,751 100 Com'cial Say Bank 200,00 105,476 2,717,793 100 220 Fourth Nat Bank.._ 300,000 271,436 3,694,286 100 220

Or Rap Nat C'y Elk 1,000,00 416,161 7,375,755 100 165

Or Rapids Say Bk. 250,00 175,937 5,086,644 100 250

Kent State Bank__ 500,00 599,798 7,879,099 100 250

Old National Bank_ 800,00 982,664 7,376,105 100 190 People's Say Bank_ 100,000 128,401 2,047,025 100 250 Grand Rapids TrCo 300,000 168,918 g440,743 100 150 Michigan Trust C 200,000 807,237 91,526,346 100 750

Saginaw-Bank of Saginaw.._ 500,00 854,148 9,376,883 100

Per350

share.360

Commercial Nat Bk 100,00 109,299 1,114,254 100 230 German-Am St Bk.. 100,00 60,657 1,491,669 100 200 225

People's Say Bank.. 100,00 119,372 1,185,607 100 200

Second Nat Bank.. 500,000 652,197 5,799,636 100 235

• Sale price. a Capital to be increased. b Nosy stock. d Includes stwin.gs deposits. e Capital paid in; authorized amount is larger. k This

is the so-called "weekly deposits," now tormlog capital oq which dividends are paid. Ex-dividend. I Last sale. n Oct. 28 1915. • Nov. 10 1915.

t Dec 311915. g Includes trust deposits. o June 11014. s Sept. 2 1915. h March 7 1916

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

APR., 1916.1 BANKS AND TRUST COMPANIES 59Where Names are Printed In Italics Puller Returns may be Found in the Advertising Columns.

MINNESOTA-Na*. banks March 7; State institutions latest returns.Surplus Gross

Capital. & Profits Deposits1

Par. Bid. Ask.

Duluth- $ 1 $ Per share.Amer Exch Nat Bk 500,00 1,971,196 10,333,276 100 460 City Nat Bank____ 500,000 290,414 3,495,516'100 125 First National Bank 500,000 2,245,347 14,412,153 100 520 Northern Nat Bank 250,000 139,804 2,270,341 100 130

Minneapolis- Per share.East Side State Bk_ 100,000 37,268 842,883 100 125 135First & &cur Nat Bk 5,000,000 5,231,274 64,600,948 100 271 German-Am Bank.. 200,000 220,831 3,481,347 100 250 Hennepin Co Say B 250,000 291,920 6,586,008 100 250Merch&Man St Bk 100,000 51,279 1,029,627 100 145 150Metrop Nat Bank_ 300,000 84,060 1,615,457 100 122 125Northwest Nat Bank 4,000,000 2,897,569 47,178,893 100 274 276St Anth'y Falls Bk.. 300,000 62,090 3,174,699 100 150 175Scandinay AmNBk 1,000,000 278,414 11,912,184 100 170 180South Side State Bk 100,000 73,780 1,291,687 100 250 Union State Bank.. 100,000 63,432 1,226,230 100 140 Minn L'n & Tr Co.. 1,000,000 560,712 3,525,647 100 St. Paul- Per share.

American Nat Bk 400,000 142,297 3,756,728 100 125 137Capital Nat Bank.. 500,000 256,194 8,185,631 100 150 160First Nat Bank___ _ 3,000,000 2,828,504 51,059,576 100 Merchants' Nat Bk 2,000,000 1,926,737 27,172,988 100 *245Nat Bank of Comm 400,000 141,369 2,329,169 100 155 Scandinay Am Bk_ 100,000 148,709 1,948,192 100 232 Stock Yards Nat Bk 300,000 113,139 2,918,961 100 150 Capital Tr et Say Bk 250,000 292,864 2,222,875 00 240 March Tr (St Say Bk 500,000 100,000 Began bus. Dec. 1 1915

MISSISSIPPI-Nat. banks March 7; State institutions midst returns.Jackson-

Capital Nat Bank_Citizens' Say Bk&TFirst Nat Bank_ ___Jackson-State N BkMarch Bk dr Tr Co_

Vicksburg-Amer Bk AG TrCitizens' Nat BankCity Say & Tr Co_ -First Nat Bank..__Home Sayings Bk....Merchants' Nat Bk

200,00050,00100,000200,000250,000

150,000100,0050,00300,0060,00100,00

175,121 1,423,11519,521 416,088

142,672 677,13853,179 1,149,97666,737 1,393,035

1 •10,291 598,963

h48,007 h194,24274,460 1,048,074

h140,174 h1,052,3257,000 180,000

h395,652 h941,384

IOCPer share.

100100100100100100

Nomi nal.

MISSOURI-Nat. banks 'March 7; State institutions latest returns.Kansas City- Per share

City Centre Bank__ 100,000 21,1021 400,189 100 115 125Com'wealth N Bk_ 250,000 309,7921 5,072,767 100 350 Drovers' Nat 500,000 228,207 10,410,610 100 240 First Nat Bank...... 1,000,000 2,265,744 37,293,928 100 550 Gate City Nat Bk. 200,000 73,1611 2,054,663 100 160 Int-St Nat Bank__ 500,000 1,046,904 12,179,013 100 550 Nat Reserve Bank.. 1,000,000 114,407 10,040,207 100 125 130New Eng_Nat Bank 1,000,000 596,267 17,309,420 100 240 Produce Exch Bank 100,000 51,062 873,606 100 180 Security Nat Bank 200,000 94,302 941,703 100 130 Southw Nat Bk ofCommerce 3,000,000 1,270,674 38,101,786 100 225 230

Traders' Nat Bank.. 200,000 52,604 3,286,763 100 150 Stock Yds Nat Bk. 200,000 70,704 1,456,86 100 155 Western Exch Bank 250,000 96,047 1,721,771 100 k180 200Westport Ave Bk_ 100,000 69,409 568,201 100 270 Commerce Trust Co 1,000,000 952,094 16,647,832 100 285 Fidelity Trust Co__ 1,000,00 1,154,817 9,978,480 100 n330 Pioneer Trust Co_ e267,500 384,130 2,800,114 100 250 Fidelity Says Tr Co 250,00 56,313 2,240,003 100

St. Joseph- Per share.Burnes Nat Bank__ 200,00 124,819 3,055,037 100 First National Bk. 500,00 346,409 5,141,403 100 German-Am N Bk_ 200,00 217,203 5,950,099 100 St Jos Stk Yds Bk_ 200,00 100,000 2,200,000 100 Tootle-Lemon N Bk 200,00 194,507 5,611,772 100 First Trust Co___ 50,00 22,167 1,063,374 100 Missouri Val Tr Co 100,000 39,504 884,469 100

St. Louis-Baden Bank 100,000 17,110 501,858

Per100, 125

share.

Boatmen's Bank 2,000,000 1,197,966 16,471,861 100 139Bremen Bank____ 200,000 576,497 3,621,141 100 315 325Cass Ave Bank__ 100,000 114,221 1,398,671 100 215 Central Nat Bank..Chippewa Bank__.

1,000,000100,000

77,32099,265

9,787,0581,520,858

100100

90240

95

Franklin Bank__ 600,000 730,569 6,004,600 100 300 German-Amer Bk.. 1,000,00 705,934 6,450,711 100 201 German Say Inst_ 1,500,000 1,403,386 14,901,628 100 200 Grand Ave Bank__ 100,00 56,587 1,397,732 100 240Internat Bk St L. 500,00 401,401 4,908,476 100 200 Jefferson Bank_ 200,00 19,010 1,724,507 100 100 105Lafayette

Bank______ 200,000 932,719 5,197,424 100 650

Lowell Bank 100,000 26,100 601,101 100 120Manchester Bank.. 250,000 106,390 1,886,931 100 177% Mec-Amer Nat Bk_. 2,000,000 2,781,363 30,727,333 100 260Mercantile Nat Bk _ 1,500,00 565,344 5,748,790 100 March Laclede Nat 1,700,01: 1,921,76614,957,610 100 287% Nat Bk of Correce___ 10.000,001 2,218,392 49,558,117 100 102 103Night & Day Bk__ 150,00 17,337 566,135 100 Northwest'n Bank.. 200,000 555,167 4,984,484 100 300 310St L Union Bank .. _ 2,500,00 2,667,784 33,700,286South'n Cons & Say 100,00 224,940 1,711,236 100 300 South Side Bank__ 500,000 356,210 5,266,568 100 250 State Nat Bank__ 2,000,001 888,487 12,877,357 100 195 Third National Bk_ 2,000,000 2,029,312 40,381,266 100 232j4 Union Station Bk__ 100,000 26,533 966,372 100 150 160American Tr Co___ 1,000,000 261,207 6,255,669 100 B'way Say Tr Co... 100,000 92,889 887,598 100 165 Chouteau Trust Co 100,000 31,954 415,965 100 115 125City Trust Co 100,000 12,571 483,142 100Easton-TaylorTrCo 100,000 25,974 280,091 100 120 Farm & Mer Tr Co_ 100,000 91,784 1,359,206 100 200 Jeff-Gravols Tr Co. 100,000 23,717 753,577 100 115 125Laclede Tr Co Meramec Tr Co.__

100,000 16,49350,000 4,626

03 24338:58161 100 100

Mercantile Tr Co...Miss Vail Tr Co__ _

3,000,0003,000,000

6,911,8775,354,409

30,117,44721,174,716

100100

-292

341297

Nor St L Say Tr Co 100,0001 62,186 1,175,686 100 155 St L Union Tr Co_Savings Trust Co__

Does no10O,00

banking8,346

business474,808

100 100 105

372%115

Vandeventer Tr Co 50,0001 6,886 328,897 10C 75West St L Tr Co__ 100,0001 30,515 553,671 100 110 120

MONTANA-Nat. banks March 7; State institutions latest returns.

Capital.Surplus& Profits

GrossDeposits Par. Bid. Ask.

Butte-First Nat Bank____Miners S Bk & T CoSilver Bow Nat Bk_Daly Bank & Tr CoHelena-

Amer Nat Bank___Nat Bk of MontanaConrad Tr dr S Bk_Union Bk & Tr Co_

300,000200,000200,000100,000

200,000,250,000200,000250,000

376,14454,594t26,511453,207

h232,294h149,007100,595327,227

6,277,611935,799t644,556

5,986,550

h3,329,970h3,182,8632,392,4883,777,665

100

100 100

100

Per

Nom

share.

inal.

NEBRASKA-Nat. banks March 7; State institutions latest returns.Lincoln- Per'share.

Central Nat Bank.. 150,000 67,872 1,801,585 100 City Nat Bank 250,000 92,339 3,075,533First Nat Bank 500,000 352,417 3,812,660 100 Nat Bk of Com'ce_ 200,000 142,961 2,289,326 100

Omaha-Corn Exch Nat Bk_ 300,000 104,624 2,105,575 100 170 200First Nat Bank...... 500,000 1,189,087 15,511,827 100 350 400Merchants' Nat Bk 500,000 924,776 8,948,782 100 225 Nebraska Nat Bank 200;000 107,344 3,025,228 100 125 150Omaha-Nat Bank__ 1,000,000 1,024,444 16,093,760 100 210 2273.State Bank 300,000 62,774 3,102,993 100 123 126U S National Bk 1,000,000 835,812 15,661,720 100 225 300South Omaha- Per share.

Live Stock Nat Bk_ 200,000 77,810 3,631,076 100 180 225Stock Yds Nat Bk 750,000 h743,017 h6,228,925 100 212 240Packers Nat Bank 200,000 126,597 2,419,689 100 112 115

NEW HAMPSHIRE-Nat. banks March 7.Manchester- Per share.

Amoskeag Nat Bk_ 200,000 419,689 2,087,986 100 First Nat Bank __ _ 150,000 195,917 950,723 100 Manchester Nat Bk 150,000 195,991 1,868,076 100 Merchants Nat Bk_ 150,000 89,272 775,007 100

NEW JERSEY-Nat. banks March 7; State institutions latest return..

Atlantic City-AtiantIcCityNat Bk 50,000 551,566 2,085,673Boardwalk Nat Bk_ 200,000 75,317 478,764Chelsea Nat Bank. 100,000 95,914 854,262Second Nat Bank... 100,000 285,437 1,204,165Union Nat Bank...._ 100,000 164,020 1,020,077Atlantic SD & Tr Co 150,000 501,844 2,389,735Guarantee Trust Co 600,000 406,133 2,042,378Equitable Trust Co 200,000 106,607 881,196Marine Trust Co.. 100,000 189,927 1,171,105Bayonne-

Bayonne Trust Co_ 100,000 262,276 2,246,277Mechanics' Tr Co_ 200,000 278,204 4,914,847Bridgeton-

Bridgeton Nat Bk_ 100,000 248,802 1,449,748Cumberland NatBk 150,000 539,342 2,009,649Farm & Mer Nat B 150,000 72,334 602,405Cumberland Tr Co_ 125,000 139,144 905,736Camden-

Camden Nat Bank 100,000 162,989 2,345,046First Nat Bank__ 200,000 300,947 3,558,404National State Bk_ 500,000 580,960 6,145,879Camden S D & TCo 500,000 985,209 7,871,525Broadway Tr Co__ 100,000 130,062 1,344,874Central Trust Co._ 100,000 295,764 2,009,675Merchants' Tr Co_ 100,000 62,394 993,042Security Trust Co_ 100,000 194,274 2,629,999West Jersey Tr Co_ 100.000 125,562 1,014,734

East Orange-East Orange Bank_ 50,000 51,970 876,243People's Bank 100,000 129,776 1,670,399Essex County Tr Co 200,000 264,327 4,286,206Elizabeth-

Elizabethport B Co 50,000 93,796 1,976,350National State Bk_ 350,000 824,226 4,293,580Elizabeth Tr Co.. 100,000 21,137 683,155Union Co Trust Co 300,000 366,449 5,505,724Hoboken-

First Nat Bank 220,000 631,236 5,812,006Second Nat Bank... 125,000 302,062 4,935,867Hoboken Trust Co. 100,000 178,147 2,072,168Hudson Trust Co 500,000 1,613,710 17,491,556Jefferson Trust Co 200,000 142,426 1,771,781Trust Co of N J__ _ 600,000 880,716 18,578,451

Jersey City-Claremont Bank_ 100,000 66,274 969,763First National Bank 400,000 1,268,201 8,656,870Hudson Co Nat Bk 250,000 759,664 4,924,133Merchants' Nat Bk 200,000 h53,314 h1,316,407Comm'l Tr N J__ 1,000,000 2,516,632 20,122,378Greeny Bk & Tr Co 100,000 82,020 1,702,035Lincoln Trust Co.... 150,000 398,876 3,105,933Mercantile Tr Co_ 100,000 78,000 2,966,486N J T On & Tr Co 1,000,000 1,193,734 9,669,644Union Trust Co.. 300,000 261,219 4,506,999Long Branch-

Citizens' Nat Bank 100.000 194.099 491,502First Nat Bank 50,000 h202,311 h1,044,125Long Branch Bkg Co 100,000 30,683 405,806Morristown-

First Nat Bank 200,000 210,510 3,615,827National Iron Bk.. 200,000 85,160 2,370,216American Trust Co 150,000 45,041 475,007Morristown Tr Co. 600,000 1,080,703 7,113,979Mt. Holly-

Mt Holly Nat Bank 100,000 v79,977 v347,381Union Nat Bank 100,000 v124,297 v739,848Farmers' Trust Co. 200,000 67,176 864,702Newark-

American Nat Bk. 300,000 85,507 2,676,206Br'd (lc Market N B 200,000 69,364 1,375,106Essex Co Nat Bk__ 1,000.000 1,677,214 9,907,889Mfrs' Nat Bank 350,000 429,889 2,747,813Merchants' Nat Bk 500,000 757,229 4,975,049Nat Newark BkgCo 1,000,000 1,927,107 12,384,769National State Bk_ 500,000 576,703 4,080,526North Ward Nat B 200,000 395,737 4,298,278Union Nat Bank..__ 1,500,000 2,564,109 15,498,053City Trust Co 100,000 91,092 1,521,887Clinton Trust Co.. 100,000 83,412, 1,207,659Federal Trust Co_.. 1,000,000 1,149,5721 7,111,179Fidelity Trust Co_ 3,000,000 3,158,519 22,849,912Ironbound Tr Co 200,000 267,469 3,458,831

_ --

too.1001002510025100100'100

5050100100

25100100100100100

100100100100100100100100101100

-103

Per200175212105225104%158295205

share.

177

115250

160300210

Per150140

325Per92390250625160350Per

180320350

share.

share.100

675

390share.

355-

390275300200290

425300320

150

Per

50 125100' 1031 350

share.1 2251501 130400

1001 lljw share.100 100 50 145 100 250 100 260

28110 100 370 100 350

132 19023 100 225 100 440 450100 225 240

Sale price. a Figures of date May 1 1915. e Capital paid in; authorized amount is larger. p Amount paid In. k New stock. z Ex-dividend.'Capital to be increased d Nov. 11915. eSeot. 30 *915. n Including Fidelity Say. & Tr Stock. 1Last sale. r June 22 1915. sSept. 21915.thine 23 1915, vNov. 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 Puller Returns May be Pound in the Advertising Columns.

NEW JERSEY (Concluded.)

Capital.Surplus& Profits.

GrossDeposits. Par. Bid. Ask.

Newark (Con.) Per share.Newark Trust Co.._ 100,000 60,000 1,357,421 100 130 140Spr'eld Av Tr Co.. 100,000 41,917 754,862 100 115 125Washington Tr Co_ 100,000 78,190 742,944 100 160 West Side Tr Co.._ 200,000 400,204 3,463,002 100 260 New Brunswick Per share.

Nat Bank of N J._ 250,000 559,710 4,552,414 100 285 290People's Nat Bank.. 100,000 181,991 1,325,247 100 275 280New Bruns Tr Co.._ 100,000 111,560 2,316,886 100 310 Passaic-- Per share.

Passaic Nat Bank.._ 200,000 478,141 2,426,414 100 275 Hobart Trust Co__ 100,000 143,547 1,568,671 100 Passaic T & S D Co 200,000 229,730 4,894,660 100 People's Bk&Tr Co 200,000 318,929 3,387,022 100 Paterson- Per share.

First National Bank 500,000 703,314 3,222,264 100 265 275Paterson Nat Bank 300,000 478,584 3,248,427 100 300 Second Nat Bank__ 1150,000 295,330 4,566,052 50 h165 Paterson Say Inst.. 1,000,000 327,329 14,263,249 100 375 Citizens' Trust Co.. 150,000 216,400 2,687,000 100 255 German Am Tr Co.. 150,000 395,287 4,111,260 100 430 Hamilton Trust Co 400,000 450,000 4,800,000 100 410 Paterson S D&TrCo 300,000 454,470 3,844,213 100 330 Silk City SD&T Co 200,000 169,967 1,874,601 100 220

Plainfield-City Nat Bank__ 150,000 304,162 3,497,131First Nat Bank.. _ 200,000 157,332 3,090,951Plaint leld Tr Co___ 100,000 306,569 6,050,469State Trust Co___ _ 100,000 67,109 997,174Trenton-

Broad St Nat Bank 250,000 402,317 3,478,829 100 192 First Nat Bank.._ 500,000 462,887 3,342,398 100 *200Mechanics' Nat 13k 500,000 1,126,885 7,241,638 50 *240Trenton Bkg Co..__ 500,000 681,509 3,529,680 50 *110MMercer Trust Co_ _ 100,000 114,720 1,615,480 100 Trenton T & SD Co 200,000 291,472 3,460,379 100

NEW MEXICO-Nat. banks May 1, 1915.

Albuquerque-First Nat Bank..___1 300,000 66,1441 3,499,8261 100

1 Per share,

NEW YORK-Nat bks. (except N. Y. City) March 7, State inst. March17,

Albany- 1 Per share.First Nat Bank__ 600,000 411,260 7,556,736 100 155 160Mech & Farmers__ 250,000 1,084,976 1,991,425 100 560 600Nat.Commercial Bk 1,000,000 1,754,047 25,391,892 100 300 310N Y State Nat Bk_ 600,000 644,167 23,737,675 100 285 300Albany Trust Co__ 400,000 325,522 8,408,024 100 155 160Union Trust Co__ 250,000 630,240 5,561,660 100 325

Auburn- Per share.Cayuga Co Nat Bk 200,000 255,557 1,508,670 100 Nat Bk of Auburn.. 200,000 114,567 1,578,069 100 Auburn Trust Co__ 150,000 v171,156 v2,355,916

Binghamton- Per share.Citizens Bank 100,000 v54,209 v745,976 ____ 150 152City National Bk 200,000 241,869 1,228,874 100 185 1873First Nat Bank 400,000 v240,539 v2,493,915 100 172 175People's Tr Co 500,000 v122,013 v3,091,117 100 140 145

Brooklyn-Depo sits of Broo klyn banks are reporte d netand are ofdate Apr. 1 19 16. Surpl us and pro fits are of date March 71916 for Nation at and Mch 17 for Stat e Banks. Per cent.

Bank of Coney Isl'd 100,000 59,294 £536,600 100 140Bank of Flatbush__ 100,000 64,300 £1,126,100 100 134 142First National Bk__ 300,000 672,329 4,642,000 100 255 270Greenpoint Nat Bk 200,000 166,900 e1,545,200 100 115 130Hillside Bank 100,000 36,200 £659,800 100 100 115Homestead Bank 200,000 55,062 £737,200 100 90Mechanics' Bank_ 1,600,000 825,767 19,080,000 5C 130 140Montauk Bank..___ 100,000 24,624 t817,400 100 85 110Nassau Nat Bank.... 1,000,000 1,110,897 8,989,900 100 195 205National City Bank 300,000 613,189 5,290,000 80 270 280North Side Bank__ 200,000 196,391 3,658,000 100 170 185People's Nat Bank.. 200,000 162,797 e2,107,600 100 130 140Ridgewood Nat Bk 100,000 77,800 e1,983,800 100 Brooklyn Trust Co_ 1,500,000 3,817,474 38,664,671 100 510 520Manufact'rs' Tr Co 1,000,000 370,600 12,246,400 100 140 145Franklin Trust Co_ 1,000,000 1,311,426 24,390,809 10 254 260Hamilton Trust Co 500,000 1,093,621 8,878,482 100 265 275Kings Co Trust Co.. 500,000 2,644,034 22,373,423 100 630 650People's Trust Co_ 1,000,000 1,622,491 23,554,219 100 280 287Buffalo- Per share.

Bank of Buffalo...... 1,000,0001,537,919 21,164,554 100 300 Black Rock Bank- Began bus iness Jan. 3 1916. 100 130 Central Nat Bank_ 1,000,000 682,930 5,685,925 100h225 Citizens' Bank__ 200,000 305,920 5,631,399 100 240 German-Amer Bk_ 500,000 649,500 14,265,228 100 285 Manuf & Trad Nat 1,000,000 1,893,476 30,940,321 100 450 460Marine Nat Bank__ 8,000,000 4,596,15064,385,551 100 330 335Market Bank 100,000 70,601 1,827,985 100 175 People's Bank 600,000 744,112 10,892,138 100 225 Third National Bk_ 500,000 218,327 5,339,174 100 110 135Un Stock Yds Bk__ 250,000 111,544 3,451,783 100 130 140Bankers Trust Co__ 1,000,000 383,226 7,932,194 100 225 230Buffalo Trust Co__ 250,000 174,650 4,989,644 100 185 CommonwIth TrCo 500,000 271,577 8,635,095 100 170 175Fidelity Trust Co.._ 600,000 530,507 12,779,472 100 260 275Elmira- Per share.

Merchants' Nat Bk 150,000 74,813 842,921 100 second Nat Bank__ 400,000 520,537 4,033,456 100 Chemung Can T Co 600,000 566,767 5,221,756 100

New York City- Deposits of N. Y. City banks are reported net andare of date Apr. 1 1916 Surplus an d profits ar e of date March 71916 for Nation al and Mch 17 for State Banks. A dividend recordof banks and trust comp anies in N ew York Cityand Brooklynmay be found in our "Ry. and Ind." Sec., page 187

America, Bank of.... 1,500,000 6,308,067 32,342,000 100 530 535Am Exch Nat Bk__ 6,000,000 5,257,694 90,839,000 100 207 212Atlantic Nat. Bank 1,000,000 779,000 13,362,000 100 175 180Bank of Europe__ 150,000 69,500 £2,417,700 100 Bank of U S 200,000 71,597 £2,842,797 100 500 Battery Pk Nat Bk 200,000 182,061 3,755,000 100 145 165Bowery Bank 250,000 797,400 3,605,000 100 390 Broadway Cent Bk 100,000 35,400 £1,050,300 100 Bronx Borough Bk_ 150,000 77,637 £2,138,818 100 200 Bronx Nat Bank.._.. 200,000 262,800 e1,389,700 100 175 ._ _ _Bryant Park Bank_ 200,000 150,832 £1,444,391 100 135 145Butch Sc Drov Nat_ 300,000 83,700 1,860,000 25 95 105Chase National Bk 6.000,000 10,282,000 231359000 100 610 620

NEW YORK-(Continued.)

Capital.Surplus& Profits. D

Grosseposits

N. Y. City (Con.)Chatham Sc Phenix

$

National Bank.... 3,500,000 2,210,800 63,872,000Chelsea Exch Bk_ _ 400,000 160,719 £3,417,100Chemical Nat Bank.. 3,000,000 8,011,200 34,147,000Citizens' Cent Nat.. 2,550,000 2,312,629 26,635,000City Bank, Nat'l__ 25,000,000 30,074,524 463677000Coal & Iron Nat Bk_ 1,000,000 706,291 8,812,000Colonial Bank 400,000 861,200 9,083,000Columbia Bank 300,000 680,949 8,311,100Com'ce, N Bk of 25,000,000 18,211,564 233518000Corn Exchange Bk_ 3,500,000 7,026,410 98,836,000Cosmopolitan Bk_ _ 100,000 21,500 t968,000East River Nat Bk_ 250,000 76,300 2,323,000Fidelity Bank 200,000 186,640 1,224,000Fifth Avenue Bank 100,000 2,293,694 17,575,000Fifth National Bk_ 250,000 417,674 5,229,000First Nat Bank 10,000,000 22,754,327 168021000Garfield Nat Bank_ 1,000,000 1,272,000 9,367,000German-Amer Bk_ 750,000 758,300 6,255,000German Each Bank 200,000 826,909 4,733,000Germania Bank 200,000 1,077,017 6,387,000Gotham Nat Bank_ 200,000 196,464 e4,082,366Greenwich Bank.. _ _ 500,000 1,205,909 12,184,000Hanover Nat Bank.... 3,000,000 15,558,614 147287000Harriman Nat Bk_ 500,000 1,105,517 e23034902Impor & Trad Nat_ 1,500,000 7,687,654 29,054,000International Bank 500,000 124,300 £3,447,200Irving National Bk 4,000,000 3,953,769 77,012,000Liberty Nat Bank._ 1,000,000 3,340,400 71,662,000Lincoln Nat Bank_ 1,000,000 1,910,430 19,634,000ManhattanCo,Bk of 2,050,000 4,930,367 52,614,000Market Sc FultonNat Bank 1,000,000 1,992,772 10,135,000

Mech Sc MetalsNational Bank.... 6,000,000 9,334,958 143066000

Merchants' Nat Bk 2,000,000 2,324,587 30,195,000Metrop's, Bk of the 1,000,000 2,154,079 14,250,000Metropolitan Bank 2,000,000 2,015,160 12,325,000Mutual 13ank 200,000 462,667 6,658,000New Neth'land Bk_ 200,000 250,200 4,066,000N Y Co Nat Bk 500,000 1,215,300 10,304,000NYNB A, Bk of.. 2,000,000 4,779,141 34,035,000Pacific Bank 500,000 1,008,087 5,219,000Park Bank, Nat 6,000,000 15,624,909 150144000People's Bank 200,000 447,600 2,525,000Produce Ex Bk N Y 1,000,000 1,048,446 14,323,000Public Bank 750,000 471,647 112633,900Seaboard Nat Bank_ 1,000,000 2,863,939 46,018,000Second Nat Bank 1,000,000 3,290,164 14,783,000Security Bank Absorbed by Centur y BankSherman Nat Bank 200,000 104,000 e3,098,300State Bank 1,500,000 581,600 24,514,000Twenty-third W 13k 200,000 122,300 t2,776,800Union Exch Nat Bk 1,000,000 1,056,300 10,816,000Wash Ins, Bk of.... 100,000 401,500 1,611,100Westchester Ave Bk 100,000 76,000 £1,171,600West Side Bank 200,000 630,600 4,653,000Yorkville Bank_ _ 100,000 581,000 6,175,000Astor Trust Co 1,250,000 1,632,167 33,825,600Bankers Trust Co.. 10,000,000 15,914,179 257731151Broadway Trust Co 1,500,000 917,707 22,914,600Central Trust Co 3,000,000 17,746,760 153578385Columbia Trust Co 2,000,000 7,779,080 88,946,600Commercial Tr Co.. 500,000 143,100 4,308,400Empire Trust Co 1,500,000 1,401,800 36,722,200Equitable Trust Co 3,000,000 9,684,111 145788872Farmers' L Sc T Co_ 1,000,000 7,506,691 154374310Fidelity Trust Co 1,000,000 1,203,300 11,077,600Fulton Trust Co 500,000 702,596 8,717,246Guaranty Trust Co 20,000,000 30,638,000 480395700Hudson Trust Co.... 500,000 607,900 5,342,900Lawyers' Title ScTrust Co 4,000,000 5,378,012 19,109,020

Lincoln Trust Co 1,000,000 514,812 14,926,923Metropolitan Tr Co 2,000,000 6,416,734 62,075,323N Y L Ins & T Co 1,000,000 4,157,800 36,924,300New York Trust Co 3,000,000 11,268,600 71,416,600Title Guar Sc Tr Co 5,000,000 12,295,324 31,000,378Transatlantic Tr Co 700,000 497,700 4,295,000Union Tr Co of N Y 3,000,000 5,165,337 80,480,066U S Mort Sc Tr Co_ 2,000,000 4,627,947 70,978,060U S Tr Co of N Y.._ 2,000,000 14,579,568 65,373,503

Jamaica, L. I.-Bank of Long Isl'd_ 900,000 571,900 8,410,600First Nat Bank_ 100,000 15,000 774,100Queens Co Trust Co 600,000 97,300 2,538,800

Rochester-Alliance Bank 275,000 535,920 8,620,867Central Bank 300,000 306,117 7,747,243Merchants' Bank 300,000 v384,067 v5,781,430Lincoln Nat Bank.. 1,000,000 1,592,471 15,530,876Nat Bank of Corn 750,000 801,499 9,978,346Traders' Nat Bank_ 500,000 462,969 6,824,844Fidelity Trust Co.... 200,000 v297,144 v9,380,170Genesee Val Tr Co_ 400,000 v120,024 v8,476,426Roch Tr Sc S D Co 500,000 v849,510 v22562337Security Trust Co_ 300,000 v517,667 v15273910Union Trust Co 500,000 v184,799 v10009091

Syracuse-City Bank 500,000 v191,600 v3,114,041Commercial Nat Bk Merged in Syracuse Trust Co.First Nat Bank.._ _ _ 1,000,000 632,764 8,435,288Merchants' Nat Bk 180,000 276,193 1,668,144Nat 13k of Syracuse 600,000 461,142 5,700,448Salt Springs Nat Bk 200,000 113,833 2,109,177Third Nat Bank 300,000 230,224 2,075,764Central City Tr Co 300,000 v313,976 v1,584,967Syracuse Trust Co_ 500,000 558,623 10,278,36:3Tr Sc D Co of Onon_ 1,000,000 677,312 16,469,167

Troy-Manufac'rs Nat Bk 150,000 v695,240 v9,491,402National City Bk 300,000 v256,477 v3,670,479Nat St Bk of Troy_ 250,000 v366,885 v2,674,379People's Bank 100,000 v133,277 v841,473Union Nat Bank...... 300,000 v134,075 v1,956,571United Nat Bank 240,000 v424,567 v835,676Security Trust Co_ 200,000 v165,374 v2,970,033Troy Trust Co........ 200,000 v79,706 v1,541,429

Par. Bid.

Per

100 202100 1001 390100 178100 440100 1751001 450awl 32510014'168100 318100 10025 7010 155100 4400100 250100 915100 18575 135100 350100 375100 200100 265100 620100 345100 495100, 100 187100 720100 31050 295

100 240

100501001001001001001005010025100100100100

10010010010010010010010010010010010010010010010025100100100100

100100100100100100100100100100

100100100

100100100100100100100100100100100

100100100100100100

100100

263180295174325215725378275425220200160415395

12510010013527516040047542544314611605401102004451275200280420145

123120420990590378

3703951020

Ask.

cent.

205125400183445185

335174.325

801654800275

200145390450

280,63013551505

1192750330305

250

270185305180

225825385

435235210190430410

138125135140

175450550435

1453150

11165550

300455

210300427

12812543010106903871553804051040

Per225225205210174160225140350400180

85

share.250250210215182175

155

195

Per share.

Per100 525100 170100 220100 214501 118

1001 295100- 190100 120

share.

172225216120300195125

• Sale price. b Capital and surplus to be increased. d Capital paid in; authorized amount s larger. k Capital to be increased. x Ex-dividende May 1 1915. e 1arch 7 1916. 1 Last sale. t March 17 1916. v Dec. 31 1915. r July 28 1915. o Sept. 9 1913. h New stock.a Sept. 2 1915. n Nov. 10 1915. p Aug. 2 1913. y Ex-rights.

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

APR., 1916.1 BANKS AND TRUST COMPANIES 61

Where Names are Printed In italics Fuller Returns May be Found In the Advertising Columns.

NEW YORK-(Concluded.)

Capital.Surplus& Profits

GrossDeposits

Utica-First Nat Bank.____Oneida Nat Bank__Second Nat Bank__Utica City Nat 13k..Citizens' I'rust Co_Utica Tr& Dep Co_Watertown-

City National BankJefferson Co Nat BWatertown Nat BkNorth'n N Y Tr Co

Westchester CoMe Vernon-let N_Mt Vernon Tr Co

New Rochelle-Nat Cty Bank__North Ave Bk___Huguenot Tr Co..N Rochelle Tr Co

Ossining-lat Nat_Ossining Nat Bk_

Peekskill-Westch Co Nat....

Pleasantville-Mt Pleasant Bk_

Port Chester-let NMutual Trust Co

Rue-Rye Nat Bk_ _Tarrytown Nat Bk_White Plains-Citizens Bank___Cent Bk West CoCounty Trust CoFirst Nat Bank_ _

Yonkers-let Nat_ _Yonkers Nat Bk_Westches'r Tr Co

$1,000,000 1,582,719600,000 878,147300,000 398,747

1,000,000 347,861500,000 570,197400,000 526,912

100,000 101,421250,000 320,968200,000 305,275400,000 d499,884

200,000 d87,352200,000 355,637

200,000 73,69950,00 35,074150,000 d60,277200,000 93,127100,000 179,019100,000 29,062

100,000 d333,389

50,000 d28,750100,000 d190,333300,000 84,61150,000 69,387100,000 129,049

100,000 d44,729100,000 d165,307100,000 d165,727100,000 60,129300,000 74,109200,000 22,387300,000 d241,167

6,056,6752,019,5331,449,8994,110,1937,261,1629,957,331

860,2142,169,0941,295,446

d3,766,707

d3,276,9213,796,511

3,324,322349,750

d610,9753,117,357/310,197848,661

d3,670,193

d682,480d1,010,9681,586,155703,310965,308

d942,268d741,924

d2,159,2701,442,3072,232,9011,119,412

d3,130,823

Par.

6010010050100100

100100100100

100100

100

100100100

50

100100100100

100100100100100100100

Bid.

Per144225

53275

Per

Per

125

130

Ask.

share.146

23055288385share.

share.

140

NORTH CAROLINA-Nat. bks. Mar. 7; State institutions latest returnsCharlotte-

Charlotte Nat Bk__Commercial Nat BkFirst Nat Bank..___Mer & Farm N Bk_Union Nat Bank_ _ _American Trust CoIndepend'ce Tr Co_Southern L& S BkDurham-

Citizens' Nat BankFidelity Bank First Nat Bank Home Say Bank.. Merchants' Bank Greensboro-

Amer Exch Nat BkGreensboro L Ar Tr_Greensboro Nat BkTextile Bank

Raleigh-Citizens Nat Bank _Comm'l Nat Bank..Merchants' Nat BkRaleigh Bkg&TrCoWilmington-

Amer Bk & Tr Co..Murchison Nat Bk_People's Say Bank..Atlantic T & Bk CoWilm Say & Tr Co_Winston-Salem

Merchants Nat Bk_People's Nat Bank_Wachoyla Bk & Tr_

250,000800,000300,000200,000100,000350,000500,00050,000

100,000100,000150,00050,000100,000

400,000200,000100,00025,000

300,000300,000100,000100,000

250.0001.000,000

65,000Merged in

100,000

100,000300,000

1,250,000

222,171438,837469,516284,639132,971335,374201,71462,725

v110,426487,931218,99934,09648,000

101,86538,51746,04723,827

00,022137,414130,00046,490

95,319672,102105,799

Amer. 13k.272,520

d18,137d74,522503,104

1,449,2021,343,298870,602

1,064,927916,048

1,402,891934,806241,732

v735,2242,235,7321,932,126445,019450,000

2,026,7921,717,207526,399235,458

1,386,0101,555,5692,717,642759,807

2,068,9445,584,0681,287,292& Tr. Co.2,425,779

d341,807d872,9867,664,774

100100100100100100100100

100

100100100100

100100100100

10010025

50

100100100

165

200205215

138175

160

165

Per

Per10014578

220

y1101,1151,128y150share.160130200150share.10515080

NORTH DAKOTA-Nat. banks March 7; State inst. March 7.Fargo-

Fargo National Bk_•First Nat Bank_ ___Merchants Nat Bk_Northern Say BankDakota Trust Co..Northern Trust Co..

50,000300,000100,00050,000100,000100,000

15,232 ,70244,0691 5,650,486104,8971 1,429,30112,907 1,342 35141,612 373,86489,591 169,768,

100100100100

Per share.

OHIO-Nat. banks March 7; State inalitutsons latest returns.Canton-

Central Say Bank_ _City Nat Bank__ __Dime Say Bank__First Nat Bank.._ _ _Cincinnati-

Atlas Nat Bank___Brighton Ger Bk CoCitizens' Nat BankCity Hall Bank..___Columbia B & S CoCosmop Bk & S CoC't H'se Say Bank_East End Bank_ __ _Fifth-Third Nat Bk_First Nat Bank..___Fourth Nat Bank.._Gorman Nat Bank_Home Say Bk Co.._Market Nat Bk__-North Side Bank....Pearl St Market BkPeoples Bk & Sy CoProy Sy Bk & T CoSecond Nat Bank.._Secur SB&SD CoSouth Ohio Say IlkBtk Yds Bk & Tr CoUnion S B & Tr CoUnity Bkg & Sv CoWest End B&Tr CoWestern GermanBkCent Tr & S Dep CoCleveland-

Bk of Cornice N A.-Central Nat Bank._Cleveland Nat Bk_

125,000240,000200,000500,000

400,000200,000

2,000,000100,000100,000250,000100,00050,000

3,000,0006,000,000500,000500,00050,000500,00075,000150,000200,000

1,400,0001,000,000100,00050,000100,000

1,000,00075,000100,000375,000500,000

2,000,0001,000,000500,000

65,711163,66793,442

448,147

793,654321,629

1,939,260208,417225,067106,69314,74717,499

1,590,0192,701,979878,086841,31214,296

540,97053,44736,46750,427

1,148,931270,652215,471102,89893,561

2,050,84464,70963,129

556,697857,222

1,604,494902,694v140,821

2,206,0272,343,9261,811,8876,082,728

4,483,9384,495,4238,332,7991,836,9811,491,4212,402,897633,686198,954

22,675,22527,588,7667,198,9007,012,708629,955

4,910,951658,397

1,341,3291,393,8099,694,9083,829,9552,133,3391,718,228718,329

17,880,9371,425,9071,099,6499,546,0325,495,678

17,341,15911,267,197v2,592,733

10010010010010 5010010010010010010010010060100loo10loo1019

100100100luoPaoloo

100 100 100

Per305300187300

130100 118 197199260 270100260 180 100110230107250 200160450 175 150 300 270Per

share.325350195

400140

200205

290105

115120240109

300175

290share.185200114

OHIO-(Concluded.)

Capital.Surplus

ProfitsGross

Deposits Par. Bid. Ask.

Cleveland (Con.) $ $ Per share.Clark Ave Say Bk_ 100,000 17,032 992,974 100 y122Clay Say & Loan Co 250,000 147,913 1,183,809 100 Columbia S & L Co 100,000 105,355 2,077,436 50 First Nat Bank____Garfield Say 13k Co

2,500,000250,000

2,234,230325,619

50,076,8206,121,087

100' 100

216y225

Ger-Am Say B Co_ 50,000 105,212 1,625,609 50; 175 Lincoln Say & Bkg_ 50,000 33,011 948,443 1001 Lorain St Say BkCo 200,000 160,723 2,452,735 50 1,185National City Bank 500,000 d647,871 d5,531,063 100 205 230Nat Commercial Bk 1,500,000 d1,178,557 d6,994,957 100 y165Pearl St S & T Co_ _ 200,000 426,997 6,309,023 50 People's Say Bk Co 500,000 545,546 6,528,161 200 1,220United Bk & Say Co 500,000 409,161 8,571,996 100 275 Union Nat Bank__ 2,000,000 1,466,617 21,692,117 100 190W Clevel'd Bkg Co 100,000 4,696 707,900 50 B'way Say & Tr Co 300,000 576,379 7,147,207 100 y250Citizens' S & Tr Co 4,000,000 3,699,167 56,844,263 100 270 276Cleveland Trust Co 2,500,000 2,818,491 42,628,492 100 1,268First Tr & Say Bk_ 1,250,000 286,947 14,634,219Guardian Say & Tr 2,000,000 2,272,891 30,204,059 100 259L Sh Bkg & Tr Co.. 350,000 162,337 10,769,305 100 290 State Bkg & Tr Co_ 250,000 141,171 3,380,904 loa 146Super'r S & Tr Co.. 500,000 1,146,556 10,005,494 loo' 325Union Say & L Co.. 750,000 290,377 1,060,362 100 136 150WoodI'd Av S & Tr 350,000 481,024 6,149,784 100 1,230Columbus- Per share.

Capital City Bank.. 100,000 37,186 615,290 100 100 Central Nat Bank_ 200,000 v21,749 v1,298,213 100 89 90Citizens' Tr & Say_ 700,000 153,412 3,721,816 100 100 105City National Bk__ 300,000 140,697 3,678,120 100 150 175Columbus Say Bk_ 50,000 71,077 684,735 100, Commerc'l N Bank 300,000 d346,947 d3,839,303 100' 250 260Fifth Ave Say Bk__ 25,000 37,456 594,696 100 Hayden-din N B__ 700,000 644,989 4,692,069 100 225 250Huntington Nat Bk 400,000 140,709 2,722,746 100 Lincoln Say Bk Co_ 40,000 2,662 265,264 100 Market Exch Bank 100,000 111,441 1,512,335 100 180 200Nat Bk of Com'ce_ 200,000 137,069 2,048,371 100 150 160New First Nat Bk_ 500,000 521,102 5,356,016 100 240 260Ohio National. Bank 400,000 503,809 7,084,809 100 250 275State S Bk & Tr Co 400,000 133,619 3,051,991 100 110 120Dayton- Per share.

City National Bank 200,000 311,144 2,404,827 100 298 Dayton Nat Bank_ 300,000 178,491 1,228,226 100 154 First Say & Bk Co_ 100,000 69,267 1,078,194 100; 150 Fourth Nat Bank__ 600,000 360,927 1,604,548 100 150 Merchants' Nat Bk 200,000 113,234 1,534,633 100 140 Teutonia Nat Bk__ 200,000 112,592 902,006 100 140 Third Nat Bank..__ 400,000 300,024 1,670,465 100 185 Winters Nat Bank.. 500,000 302,9011 1,310,507 100 165 City Tr & Say Bk.... 100,000 31,299 789,577 100 Dayton Say & T Co 300,000 350,064 5,988,982 100 204 Toledo- Per share.

Corn Say B & Tr Co 200,000 24,129 2,422,836 100 1,100Dime Say Bank Co 204,300 113,711 3,253,669 50 y145First Nat Bank.._ 500,000 1,219,096 6,823,941 100 320 Home Say Bank Co 250,000 300,435 3,140,970 100 230 Market Say Bk Co_ 134,300 29,064 1,011,777 100 Mer & Cl'k S Bk__ 150,000 273,744 1,980,728 100 310 Nat Bk of Com'ce_ 1,000,000 368,410 9,377,267 100 135 138Northern Nat Bk.... 1,000,000 606,729 7,249,036 100 162 164Ohio S Bk & Tr Co 850,000 396,774 8,857,419 100 138 140Second Nat Bank.._ 1,000,000 1,946,020 9,803,466 100 280 Secur S B & Tr Co_ 250,000 152,212 3,412,968 100 150 Spitzer-Ror T & Bk 300,000 48,698 1,526,163 100 125 Tol Say Bk & Tr Co 300,000 495,632 2,811,963 100 260 Cont'l Tr & S 13k__ 200,000 34,291 1,344,162 100 105 Union Says Bank__ 250,000 296,632 989,933 100 230 Youngstown- Per share.

City Tr& Say Bank_ 200,000 138,562 2,456,959 100 169 175Commer'l Nat Bk_ 300,000 258,692 2,739,515 100 180 190Dollar Say & Tr Co 1,500,000 918,009 8,936,112 100 202 207First Nat Bank..___ 1,500,000 1,492,392 9,194,064 100 202 207Mahoning Nat 13k_ 400,000 348,46 2,868,493 100 200 205

OKLAHOMA-Nat. banks March 7; State inst. latest returns.

Guthrie-- Per share.First Nat Bank____ 100,000 r37,962 r990,942 100 y1353uthrie Say Bank_ 25,000 4,500 265,000 100 1,110Logan County Illk_ 25,000 4,000 167,262 100 y100Dklahoma State 13k

McAlester-

50,000 5,000 300,000 100

Per

y110

share.Amer Nat Bank__ 100,000 29,224 777,295 100, 1,125Dity Nat Bank_,__ 50,000 5,554 268,662 100 y110First Net B of McA

Muskogee-

100,000 39,619 1,015,739 100

Per

1/130

share.Donamercial Nat Bk 250,000 97,104 2,493,391 100 y130Exchange Nat Bank 150,000 30,807 1,107,316......_ 125 First Nat Ilmrk____ 250,000 119,247 2,814,928 25 1,135Muskogee Nat Ilk_

Oklahoma City-

100,000 81,262 692,042 __-- 120

Per share.Amer Nat 13arric___ 500,000 d103,984 d3,491,920 100 1,125Farmers' Nat Ilk__ 100,000 d55,000 d1,790,390 100 y115)kla. Stk Yds N.B. 250,000 266,321 2,417,492 100 y125lecurity Nat Bank.. 100,000 d100,006 d2,932,353 100 1,1303tate Exch Bank__ 100,000 7,831 489,929 100 y115state National Bk_

!J.+ n..,-.1,250,000inn nnn

d13,676...Id 079

d4,317,660..1 nn a 10(1

100 10n'

8/125..1 nn

OREGON-Nat. banks March 7; State institutions March 7.

Portland- Per 'shareDan Ilk of Conece_ 300,000 114,244 4,738,053Ditizens Bank 100,000 22,289 636,408First Nat Bank 2,500,000 1,142,832 18,523,326 _ Tartm'n & T'mps'n 100,000 14,112 311,211libernia Say Bank 200,000 117,969 2,937,332:Add & Tilton Bk_ 1,000,000 1,361,830 13,627,212l'urnbermen's 14 Rix 1.000,000 234,567 5,542,561 100 derchants' Nat Ilk Absorbed by North'western N at. IBank.ONestern Nat 13k_ 500,000 119,292 7,775,798 1 icandinav'n Am Bk 100,000 15,000 1,464,778 ' In States Net Banklannritcr PInv A, Tr

1,000,0009.sn nnn

1,197,517177077

10,615,416AR0_172

100

• Sale price. hJuly 28 1915. a Capital and surplus to be increased. e Capital stock paid in; authorized amount is larger. k Capital to beincreased. p Amount paid in. s Ex-dlyidend. g Last sale. a These figures date Dec. 31 1915. eSept. 2 1915. r May 1 1913. s June 23 1915.u Oct. 311914. • Noy. 10 1915. 1 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 Puller Returns may be Pound in the Advertising Columns.

PENNSYLVANIA-Nat. bks.(eze.Phila.) Mch.7;'State inst. latestreturns.

Capital.Surplus

ct Profits.Gross

Deposits. Par. Bid. Ask.

IAllegheny- $ i $ Per share.

Bk of Secured Says_ 125,000 142,797 1,313,328 50 German Nat Bank_ 200,000 378,992 3,915,651 100 Ohio Valley Bank_ 100,000 46,487 596,069 100 Second Nat Bank__ 300,000 904,074 4,155,219 100 Allegheny Trust Co 700,000 432,064 3,162,239 100 1

Dollar Say & Tr Co 1,000,000 1,133,820 4,512,018 100 Manchester SavingsBank & Trust Co 250,000 100,097 1,355,225 50

Provident Trust (.0 150,000 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 60

Allentown- Per share.Allentown Nat Bk_ 1,000,000 615,004 3,581,609 100 175 178Merchants Nat Bk_ 200,000 388,134 3,406,199 100 325 Ridge Ave Bank_ __ 50,000 18,396 235,712 50 '73 75Second Nat Bank__ 300,000 589,086 3,290,770 100..... ___ 400Allentown Tr Co__ 150,000 129,860 846,351 30 80 85Citizens Dep&TCo 125,000 101,007 1,183,767 25 64 65Lehigh Valley T Co 125,000 595,376 2,174,037 50 263 Penn Counties Tr__ 300,000 71,337 450,894 80 54 56

Altoona- Per share.First Nat Bank_ __- 150,000 413,044 1,692,364 100 325 350Second Nat Bank__ 100,000 192,432 1,187,180 100 200 210Union Bank 125,000 45,640 439,149 100 150 160Altoona Trust Co 250,000 306,609 1,700,869 100 200 210Central Trust Co 243,000 137,419 980,762 100 210 215Mountain C'y T Co 162,962 93,879 747,703 31` 45 47

Erie- Per share.First National Bk 300,000 616,017 4,303,979 100 Marine Nat Bank__ 150,000 .533,269 82,562,554 100 People's Bank 200,000 145,630 1,778,267 100 Second Nat Bank-_ 300,000 488,700 3,750,935 100 Erie Trust Co 300,000 419,069 4,019,919 100 Secur Say & Tr Co_ 200,000 303,172 2,050,557 100

Harrisburg- Per share.Commercial Bank- 121,650 71,167 360,108 56 70 75East End Bank__ 50,000 125,000 600,000 60 100 110First National Bk__ 100,000 499,560 1,217,495 100 1571Harrisburg Nat Bk 300,000 446,299 1,412,231 25 60 623Merchants' Nat Bk 100,000 260,644 809,463 100 1288Central Trust Co__ 125,000 276,000 1,074,000 25 182%Commonwealth Tr. 250,000 529,664 1,561,083 100 1400Dauphin Dep Tr Co 300,000 314,120 2,728,638 100 200 Harrisburg Tr Co__ 400,000 467,137 1,799,901 100 240 250Security Trust Co_ 125,000 46,593 547,647 25 25 30Union Trust Co___ 250,000 123,486 938,749 100 1130

Lancaster- Per share.Conestoga Nat Bk. 200,000 484,486 2,610,910 100 375 380First Nat Bank_ ___ 210.000 205,487 371,766 100 220 225Fulton Nat Bank__ 200,000 232,709 1,607,562 100 220 225Lancaster Co N Bk 300,000 437,319 924,660 50 128 130Northern Nat Bk__ 125,000 d92,500 d400,000 100 135 140People's Nat Bank_ 200,000 206,171 1,039,681 100 185 187Farmers' Tr Co____ 225,000 775,000 2,865,000 50 260 262Guaranty Tr Co... 294,000 47,388 655,941 100 100 101Lancaster Trust Co 250,000 1,017,894 6,022,825 100 600 605Northern Tr& S Co 125,000 164,000 1,250,000 50 140 145People's Trust Co__ 125,000 478,730 2,621,144 60 324 330Union Trust Co___ 150,000 176,099 1,285,588 50 115 120

Philadelphia- Deposits ol banks date Apr. 1 1 916 Per shareAmerican Bank _ _ . 186,000 893,598 8877,926 50 151Bank of Commerce_ 300,000 c183,585 8930,362 100 1135Bank of No Amer__ 1,000,000 2,316,697 21,083,000 100 2613Centennial Nat Bk_ 300,000 606,676 4,007,000 100 1 275Central Nat Bank_ 1,000,000 3,737,844 22,890,000 100 /4173Corn Ruh Nat Bank 1,000,000 2,206,145 33,368,000 100 /301Eighth Nat Bank.. 275,000 1,054,317 3,735,000 100 1,405Far & Mech Nat Bk 2,000,000 1,548,109 17,587,000 100 031First National Bank 1,500,000 1,621,101 33,270,000 100 r196Fourth St Nat Bank_ 3,000,000 6,711,214 65,635,000 100 290Franklin Nat Bank- 1,000,000 3,693,365 46,413,000 100 475Girard Nat Bank__ 2,000,000 4,887,163 60,625,000 100 357Kensington Nat Bk 250,000 353,771 2,034,000 . 60 100Manayunk Nat Bk 200,000 483,223 82,471,176 100 270Market St Nat Bk__ 1,000,000 1,429,607 10,810,000 100 1180Nat Bk of Germ't'n 200,000 575,769 83,473,167 50 1140Nat Security Bk___ 250,000 1,063,601 3,837,000 100 1439Ninth National Bk_ 300,000 788,209 5,100,000 100 j3263Northern Nat Bank 200,000 234,006 3,070,000 100 200Northwestern N B. 200,000 761,766 3,374,000 100 1403Penn National 13k. 500,000 1,642,120 7,564,000 101 340Philadelphia Nat Bk 1,500,000 5,082,071 97,130,000 100 477Quaker City Nat B 500,000 526,341 2,338,000 100_ t112Ridge Ave Bank... 300,000 8104,707 81,147,083 50 150Second Nat Bank__ 280,000 664,216 83,379,521 ' 00 310Sixth Nat Bank... 150,000 304,980 1,769,000 100 202%Southwark Nat Bk 250,000 180,068 2,959,000 100 143S'western Nat Bit__ 200,000 167,945 690,000 100 115Tenth Nat Bank... 200,000 129,049 1,224,000 10( 117%Texan Nat Bank__ 200,000 108,704 1,318,000 100 110Third Nat Bank. _ _ 600,000 870,729 6,967,000 100 i250Tradesmen* Nat Bk_ 500,000 996,925 7,779,000 100 ,245Union Nat Bank.. 500,000 450,227 8,976,000 100 180West Phila Bank__ 100,000 c27,538 c391,568 50 150Aldine Trust Co... 200,000 176,809 765,832 WO 160Belmont Trust Ce. 125,000 52,001 495,746 50 1393,Cent Tr & Sav Co__ 750,000 511,829 5,042,185 i0 160Chelten Trust Co__ 200,000 148,210 1,232,684 100 1150Colonial Trust Co__ 270,825 283,080 1,315,978 50 187%Columbia Av Tr Co 400,000 507,204 2,295,482 100 1753(Commercial Tr Co_ 1,000,000 1,731,198 20,244,968 100 400Com'Ith T Ins & T. 1,000,000 1,269,973 5,647,845 100 2253(Cont-Eq T & T Co_ 1,000,000 1,097,106 7,075,458 50 190Empire Tit & T Co_ 156,575 37,209 346,117 25 117

PENNSYLVANIA-(Continued.)

Capital.Surplus

& Profits.Gross

Deposits. Par. Bid. Ask.

Phila.-(Con.) Per share.$ $ $

Excelsior Tr & S Fd 300,000 150,939 988,086 50 155Fairm't Say Tr Co_ 250,000 114,239 1,270,805 100 1 100Federal Trust Co 125,500 72,809 889,865 1001 1 125Fidelity Trust Co 4,000,000 12,869,317 32,670,905 100 1720Finance Co, 1st pref a1,470,000 1 1100. 1109%2d pref a1,530,000 12,087,488 780,600 1001 1 1081-(

Frankford Tr Co 250,000 471,389 2,914,415 50 1 166Franklin Trust Co_ 400,000 186,633 2,325,390 50 1593(Ger-Am T & T Co_ 500,000 468,374 2,003,879 50 1 101Germantown Tr Co 600,000 970,494 5,939,550 100 1273%Gir'd Av T & T Co_ 200,000 163,703 924,665 50 1 75Girard Trust Co____ 2,500,000 8,756,225 47,864,527 100 1925Guar Tr & S D Co_ 1,000,000 771,680 5,905,891 100 1 1585.1:Haddingt'n T&TCo 125,000 37,981 645,095 100 Hamilton Trust Co 400,000 122,634 1,400,564 100 1 96Holmesburg Tr Co_ 125,000 80,576 526,977 50 1 55Indus'l Tr T & Say_ 500,000 1,128,630 5,096,126 50 1 176Integrity Title InsTr & S D Co____ 500,000 1,437,669 4,444,121 50 11220

Kensington Tr Co_ 200,000 139,491 2,214,378 50 1 60Land Title & Tr Co 2,000,000 4,823,697 11,639,059 100 1500Logan Trust Co__. 906,900 379,896 3,253,811 100 1 135%Market St T & T Co 150,000 180,240 1,950,08: 30 1 64Manayunk Tr Co__ 250,000 241,399 1,557,981 25 1 593March Un Tr Co.. 1,000,000 239,765 1,785,624 100 1 100Mortgage Trust Co 125,000 34,874 40,464 25 Mutual Trust Co__ 438,038 77,413 586,832 50 1 30Northern Trust Co 500,000 2,026,600 7,550,322 100 1527No Phila Trust Co. 150,000 223,381 2,207,229 50 £145No Western Tr Co_ 150,000 420,265 2,962,617 50 1203Pelham Trust Co__ 150,000 92,408 843,083 100 £130Penn Co for Insuron Lives & Gr An 2,000,000 5,018,804 36,946,620 100 1715

PennW'h'g&S D Co 408,350 646,576 407,588 50 1 82%People's Trust Co_ 634,450 154,049 1,520,592 50 1 40Philadelphia Tr Co 1,000,000 4,835,497 25,178,511 100 1746Provident Life & Tr 1,000,000 5,524,787 14,501,191 100 ____ 1850Real EstTrCo, con]a1,319,600 503,197 4,530,221 1100 1 35

do do pore( a2,455,700 1100 I 82Real Est T I & Tr 1,000,000 1,686,512 4,263,753 100 1305%Republic Trust Co_ 300,000 189,027 1,273,527 50 1 83 ARittenhouse Tr Co 250,000 63,974 1,202,704 50 1 50 aRob't Morris Tr Co 1,000,000 167,892 944,828 100 1 65 •_,Tacony Trust Co__ 150,000 177,869 1,056,712 100 1240 1Tioga Trust Co... 125,000 11,889 400,48: 50 1 57 iUnited Sec L I & T 1,000,000 993,241 1,524,236 100 £140 3Wayne June Tr Co_ 160,000 64,704 553,176 100 1100West End Tr Co___ 2,000,000 2,000,399 11,170,369 100 ____ 1 1653jWest Phila T&TCo 500,000 557,702 3,395,445 50 1 143

Pittsburgh- Nom'l price

Allegheny Val Bk. 50,000 50,929 987,561 50 All Nations Dep Bk 75,000 54,898 928,705Anchor Say Bank__ 100,000 361,389 1,989,900 50 Arsenal Bank 100,000 209,941 933,927 50 Bk of Pittsb N A__ 2,400,000 3,416,844 29,772,017 50 City Deposit Bank_ 200,000 815,815 5,664,219 50 Columbia Nat Bank_ 600,000 964,291 13,259,449 100 Diamond Nat Bk__ 600,000 1,558,162 9,483,446 100 Duquesne Nat Bk_ 500,000 568,992 4,506,695 100 Exchange Nat Bk_ 750,000 691,081 6,381,066 50 Farmers' Dep N B. 6.000,000 1,430,000 33,411,491 100 Farmers' Dep S Bk 100,000 553,120 6,395,262 100 Fifth Avenue Bk__ 100,000 106,219 1,051,800 50 First N Bk of Birm 100,000 105,745 897,893 100 First-Second N Bk_ 4,000,000 1,305,852 15,951,962 100 Freehold Bank__ 200,000 1,028,290 1,241,535 100 German 8 & D Bk_ 200,000 236,869 3,636.373 50 Germania Say Bk__ 150,000 558,662 8,239,779 100 Homew'd Peon Bk_ 50.000 29,961 861,732 50 Iron&GlassDol Say 172,700 336,600 2,082,096 100 Keystone Nat Bank 500,000 621,334 6,089,931 100 Liberty Nat Bank 200,000 .127.277 81,140,250 100 Liberty Say Bank_ 100,000 61,617 1,238,977 100 Manufacirs Bank_ 100,000 212,274 859,630 50 Marine Nat Bank_ 300,000 109,463 1,375,130 100 Mellon Nat Bank_ 6,000,000 3,340,292 72,221,791 100 Metropolitan N Bk 200,000 100,396 1,205,860 100 Monongahela N Bk 1,000,000 1,741,807 7,586,199 100 Park Bank 50,000 86,637 1,323,738 50 Pennsylvania N Bk 200,000 190,669 882,337 100 Penn Say Bank 100,000 58,072 885,437 50 People's Nat Bank 1,000,000 1,809,989 22,144,715 100 People's Say Bank 1,000,000 1,029,900 9,819,050 100 Third National Bk 500,000 186,220 2,141,571 100 Union Nat Bank_ 2,000,000 4,210,974 19,375,084 100 Union Savings Bk 1,000,000 1,019,389 11,256,253 100 Western Nat Bank 1,000,000 360,483 4,503,760 100 Western S & D Bk 250,000 380,299 1,780,682 100 Central Trust Co_ 150,000 59,260 601,506 100 Colonial Trust Co 2,600,000 3,303,724 11,728,763 50 Com'wealth Tr Co 1,500,000 1,374,910 7,271,434 100 Continental Tr Co_ 437.800 201,467 484,553 100 East End S & Tr Co 250,000 155,296 1,390,931 100 Fidel Tit dr Tr Co_ 2,000,000 5,950,268 14,766,6013 100 Franklin Say & Tr_ 175,000 80,931 655,420 25 HazIew'd S & T Co 165,400 103,703 822,041 100, Hill Top S dr T Co 150,000 95,707 1,010,106 50 March Say & Tr Co 125,000 13,847 410,514 50 Metropolitan Tr Co 125,000 35,617 481,981 100 OakI'd Say dc Tr Co 200,000 243,100 1,994,600 100 People's Trust Co_ 250,000 163,227 1 300,608 100 Pittsburgh Tr Co_ 2,000,000 1,565,170 8,319,636 100 Potter Tit & Tr Co 330,400 70,017 1,281,971 100 Real Estate Tr Co 2,000,000 1,706,483 3,132,131 100 Safe Dep & Tr Co_ 3,000,000 6,590,394 100 South Hills Tr Co_ 125,000 21,067 732,986 100 South Side Tr Co_ 300,000 153,326 1,417,122 100 Terminal Trust Co 125,000 22,186 ,94Union Trust Co_ 1,500,000 33,564,099 64,449,796 100 Washington Tr Co 350,000 307,436 3,253,037 100 West End 8 B & Tr 125,000 370,411 2,031,463 50

-

• Sale price. a Capital paid in; authorized amount is larger. b Cap tal to be hicreawl. eFiguree are of date Jan. 12 1916. d Feb 28 1916.

• Nov. 10 1913. s Ex-aridend 1 Last sale. n Sept. 2 1915. e March 7 1916. • Dec. 31 1913.

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

APR. 1016.1 BANKS AND TRUST COMPA.N1ES 63

Where Names are Printed In Italics Fuller Returns may be Found In the Advertising Columns.

PENNSYLVANIA-(Concluded.) TENNESSEE-Nat. banks March. 7; State institutions latest returns.

Capital.Surplus& Profits

CrossDeposits. Par. Bid. Ask. Capital.

Surplus& Profits.

GrossDeposits. Par. Bid. Ask.

share.

share.

share27514526040050011010545012085275

165

400275

share.150210130

255

130167135

Rending-Farmers' Nat BankFirst National BankKeystone Nat BankNational Union Bk-NeversinkPenn 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 BankElectric City Bank _First National BankGreen Ridge 13ank_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 flank..West Side Bank_ __Anthracite Tr Co....Lincoln Trust Co....

Wlikes.Barre:-Dime Deposit BankFirst National BankLuzerne Co Nat 13kMiners' Bk of W B_People's Bank Second Nat Bank.W B Dep & Say BkWyoming Nat BankWyoming Val Tr Co

WillNational Bank

Lycoming Nat 13k_West Branch N 13k .Williamsport N Bk,Northern Central TrCo

Sus(' Tr & S Dep CoYork-

Central Nat Bank_City Bank Droy & Mech N BkFirst National BankWestern Nat Bank_York Co Nat Bank_York National BankGuardian Trust CoRecur Title & Tr ColYork Trust Co__

400,020250,000100,000200,00075,000100,000200,000100,000300,000250,000250,000125,000250,000500,000

200,00080,000

1,500,00050,000150,000

Consolidat60,000

500,00075,000

500,00060,000400,000500,000500,00060,000250,000200,000

200,000375,000400,000740,940

Merged in500,000150,000150,000350,000

300,000100,000400,000100,000

600,000400,000

125,000250,000100,000500,000225,000300,000500,000264,900250,000300,000

$n794,911.265,964249,460n905,27053,149

v313,942ni56,367236,319n726,477171,334215,29853,691

1,063,304605,291

546,79729,876

1,45:3,86922,59056,235

ed with Fir92,262

309,36961,716

431,12987,393

1,107,370714,107226,824139,83292,00055,570

159,628526,875165,947

Miners' B1,127,601490,071810,167740,787

n521,517v197,187

n1,511,725n135,964

129,217337,382

34,705218,817118,90110:3,73148,856

533,324340,324129,07231,88678,000

n2,572,091n1,293,752

581,9697(.1,300,183

207,093771,934,377n1,722,413

558,168n904,7681,523,690920,028795,186100

4,920,223!1,263,0291

3,047,6371428,4621

17,568,714214,198710,945

st Nat. B995,739

1,240,622600,000

6,305,944965,861

5,864,1274,361,5301,359,2971,330,0041,390,000816,368

987,9143,417,2611,402,459

6,960,771ank5,711,6902,812,3672,0:38,0903,030,035

n1,780,412v524,931

n3,109,479n649,322

1,949,1111,699,688

318,6301,554,211719,876

1,764,9941,07(1,9551,567,7451,845,808958,083910,581

1,100,000

30100100255000100501001010

100100

100 501005050

ank.(701005010050

1001001005050100

50100:0050

100505050

100 100 100 100

100 50

1005010010010020252650150

Per9816028014067300270145290151595550205

Per

7534562106

20016095330157%!162447237%12221076127

Per99265130195

345195325159Per

Per10588190*120 *1.00 *53 413030*62%

share.102165290150753262801553001716105

215

share.

8035567110

21016399

,337

1455242%12421578132

share.102270135198

350200330163share.

share.11089200

41%3235

-

Chattanooga-ChattanoogaSay BkCitizens' Nat BankFirst National BankHamilton Nat BankHamilton Tr & S B

Knoxville-American Nat Bk_City National BankEast Tenn Nat Bk_Holston Nat Bank..Knox Co Bank & TrMech Bk & Tr Co_Third Nat Bank__Union Nat Bank_ .._

Memphis-Bank of Corn & T CoCent-State Nat Elk_First National BankGermania Sa B & TMan Say Bk & Tr..Mercantile Nat Bk_National City BankNo Memphis Sayl3kPeople's S Bk & Tr_Security Bk & TrCoState Savings BankUnion & Planters'Bank & Trust Co

Union Say Bank &Trust Co

Comm Tr & Say Bk

Nashville-American Nat BankBroadway Nat Bk_Cumberland Val N BFirst S Bk & Tr CoFourth & FirstNatBTennessee- Hermi -

tage Nat Bank Nashville Trust Co State Bk & Tr Co_

300,000300,000750,000

1,000,000250,000

100,000800,000400,000500,000100,000300,000200,000200,000

1,500,000600,000500,00050.000100,0001506,000200,00050,00050,000

300,00060,000

1,400,000

50,000350,000

1,000,000200,000!300,000220,000

1,100,000

300,000350,000100,000

231,921n191,204543,547545,519181,812

v21,673v172,744540,671s173,076

7,50093,339

v125,651v74,794

781,080n384,691644,67466,25365,22470,137

n52,544100,77934,10915,44164,613

230,000

47,89485,764

590,199155,574n54,13076,417

n942,567

150,174307,30934,234

$2,890,147

n2,484,4587,362,5565,426,4551,611,871

v237,117v2,816,43:33,659,6111,449,691165,000765,997

v1,010,946v1,621,741

11,017,602n4,048,6424,642,448960,000

2,370,9992,934,293

n1,246,3242,033,288308,000967,019942,728

7,800,000

1,015,869' 3,586,122

7,064,2861,910,307

n2,260,4771,594,912n10122016

1,590,9262,059,892634,639

100 100 100 100 10.1

IOU 100 100 100 100 100 100

100100100100100100100100100100100

103

100100

100100100100 100

100100100

Per

Per

Per27014225539045010810040010075250

160

320270

Per140200125

g248

120158130

TEXAS-Nat. banks March 7; Sta1e institutions latest returns.

Au .tin-American Nat BankAustin Nat Bank....State National Bk_

Beaumont-American Nat BankFirst National BankGulf National BankTexas Bank & TrCo

Dallas-Am Exch Nat Bank

Central State Bank City National Bank

First State Bank_ __ Nat Bk of Comm'ce

Security Nat Bank_Dallas Tr Say Bank

El Paso-City Nat Bank........Commercial Nat Bk

First Nat Bank..State Nat BankTexas Bk & Tr Co

Fort Worth-American Nat BankContinental Bk & TrFarm & Mech N BkFirst National BankFt Worth State Bk..Fort Worth Nat BkStockyards Nat BkTexas State Bank.._

Galveston- City National Bank First National Bank

Texas Bank & TrCoHouston-

First National BankHouston Nat Ex BkLumbeens Nat Bk_Nat Bank of CommUnion Nat Bank_ __Sou Texas Commer-

cial Nat Bank. __Bankers Trust Co.._San Antonio-

Alamo Nat Bank....City National BankFrost National BankGroos Nat Bank__Lockwood Nat Bk..Nat Bk of Comm'ceSan Antonio NatBkCentral Trust Co.. _Citizens Bk & TrCoState Nat Rank......

Waco-CentralTexExchNatCitizens' Nat BankFirst National BankNational City BankProvident Nat Bk_

300,000300.000100,000

100,000200,000150.001)250,000

1,300,000200,000

1,00(1,000250,000150,000

1,500,000330,000

300,000150,000800,000110,000100,000

150,000500,000300,000

1,000,001)100,000600,000200,000100,000,

200,000300,000200,00Q

2,000,000400,00060(1,000500,000

1,000,000

1,000,0002,01)0,000

500,000100,000500,000250,000200,000600,000500,000

1,000,000100,000500,000

500,000250,000600,000100,000300.000

714,589n567,479v58,600

n331,9141429,390160,354112,697

1,415,46713,386,20312,110'

1,487,62Q35,489,

174,8981586,327!10,748,233361,206'

63,22ij2,623

275,244121,13155,810

d218,972d1,323,458275,1611328,814!

d475,23245,265,16221,500,

1,241,472,154,579,40,000

186,599'v231,978421,920

462,227111,692,861158,166512,28642,449

439,619

1,111,66210,476,776970,464

n251,93790,712'

509,37750,066272,837183,727

n236,334148,512:

7,869134,7011

113,471!127,322191,92634,263

106,323

5,090,620n3,633,819v886,963

n2,187,922/2,021,4762,222,8961,481,867

943,7958,541,9952,297,6751,624,344

1,208,606

2,541,019612,166

8,236,943 2,694,2081,879,339

1,358,1584,019,096

400,0008,527,1652,491,020906,260

3,514,179v2,251,9673,075,413

6,857,1184,661,4601,388,9729,002,679

1,556,637

n3,239,062857,437

2,785,2871,001,4471,089,4462,009,496

n2,064,1742,340,099420,487

3,689,201

1,568,12.3763,622

2,726,944285,064

1,41:3,7:31

100 100

100 100 100 100

100100100100100100100

100 103 100 100 100 100 100

100 100130No100100100100103

1011100

100 100 100 100 100 100 100 100 100 1.00

led 100 100Inn

Per

Per

Per297110330145225160200

Per

Per

150275minal18021715590160

27598Per

Per

share.

share.

share.300112335150

162

share.

share.

160300prices

17595175

285104share.

ishare.

RHODE ISLAND-Nat.banks Mar. 7; State institutions latest returns.

Newport-Aqukineck 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 Ilk__Phenix Nat Bank.._Providence Nat IlkWestminster Bank_Industrial Trust CoRhode 1. Hos .Tr.CoUnion Trust Co__ _

Woon socket-Citizens' Nat BankNational Globe ilk.Producers' Nat Ilk

200,000100,000220,000300,000

500,000

800,000100,000120,000500,000

1,000,000850,000500,000450,000500,000300,000

3,000,0002,500,0001,000,000

100,000100,000200.000

124,09485,067(11,075172,294

1,110,089

543,91124,285

143,567290,911

1,187,268818,250

1,181,967789,212937,990102,421

4,524,3713,221,271564,264

27,62047,262171,507

1,721,0381465,2401326,986'

1,871,921

10,322,478

1,684,999494,932

1,210,2683,899,7307,736,3704,078,1008,102,1071,795,4442,180,8441,499.103

57,376,97345,879,8468,210,868

330,630485,537

1,125,860

50 50 60 100

100

2550 5050lU5010060100601001000100

10025 20

Per

Per

Per373i

94 60 9272%265107 218 502443200128%

Per

share.

share.

share.

280

562503600

share.

SOUTH CAROLINA-Nat. banks Mar. 7; State institutions latest returns.

Charleston-Bk of Charl'n,NBACarolina Say Bank_Chart Say Instit'n_Commercial Nat 13kDime Savings BankEnterprise Bank_ _ _Exeh 13kg & Tr Co..First National BankGermania Nat BankGermania Say BankMiners & Mer Bk . _People's Nat Bank.security Say Bank..State Sayings liankSo Car Loan & TrCoSpartanburg-

American Nat BankBank of CommerceI31( of Spartanburg_Central Nat Bank _Dollar Say Bank_ _ _First Nat Bank......_Mer & Farm Bank_Southern Trust Co..!

800,00020(1,000100,000200,90060,00050,00050,000200,000200,000230,00(150,000

500,000.30,00050,000100,000

100,00060,000100,000400,00050,000

500,000100,00060,000

701,277166,075105,59264,79476,78626,30769,866

501,77747,264229,62921,237

174,31227,64821,50043,388

v48,26810,27638,000187,09415,617

v111,7678:3,85712,898

4,565,0312,495,514987,873842,311672,262459,264520,105

1,447,137452,933

3,111,643361,107

2,600,232606,415215,000

1,633,406

v264,262250,668250,000975,369230,275v913,691310,06013:3,362

100100100100100100100106100100100100100100100

1001100!100100100100100100

Per255225385130200100225350150

y250115125225125150

140103120134130120150100

share.265250395135205105235360_

120130250130155

105135136135125170

*Sale price. a Capital and surplus to be increased. c Capital stock mild In; authorized amount 11 larger. k Capital to be Increased. p Amountpaid in. z Ex-dividend. y New stock. s Nov. 10 1915. 1 Last sale. d May 1 1915. a Dec. 31 1915. t Aarch 4 1915. • Sept. 2 1915.g Including First S. Bank tic Tr. Co. stock.

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

64 BANKS AND TRUST COIVIPAN1ES [VOL. 102.

Where Names are Printed In Italics Fuller Returns may be Found in the Advertising Columns.

UTAH-Nat. banks March 7; State institutions latest returns.

Capital.Surplus& Profits.

GrossDeposits. Par. Bid. Ask.

Ogden- $ $ $

First National I3ank 150,000 171,407 3,484,941 .

Commercial Nat Bk 100,000 174,724 1,144,943

Pingree Nat Bank_ 175,000 80,370 2,219,940

Utah Nat Bank___ 150,000 45,786 894,261

Salt Lake City-Per share

Continental Nat Bk 250,000 59,097 2,941,637 100 169 170

Deseret Nat Bank_ 500,000 n601,571 n4,641,622 100 306 307

Deseret Say Bank_ 100,000 74,896 2,819,277 100 1046 1050

Farmers' & Stock-growers Bank___ 300,000 43,400 589,509 100 85 88

Merchants Bank__ 250,000 61,690 1,283,256 100 90 93

McCornick & Co 13k 600,000 328,568 7,041,772 100 285 290

Nat Bk of Republic 300,000 n345,260 n4,350,183 100 195 197

National City Bank 250,000 n51,649 n2,385,210 100 129 130

National Copper Bk 300,000 75,824 2,096,926 100 98 99

Salt Lake Sec&TrCo 300,000 132,000 1,750,000 100 117 118

Utah State Nat Bk 600,000 n140,437 n4,986,810 100 213 214

Utah Say & Tr Co_ 300,000 28,767 1,197,497 100 90 95

Walker Bros, ll'kers 000,000 121,124 5,976,603 100 201 202

Zions S Bk de Tr Co 500,000 277,772 6,278,744 100 418 419

VERMONT-Nat. banks March 7; State institutions latest returns.

Barre-I Per share.

Barre S Bk & Tr Co 50,000 53,894 1,769,956 100

Granite S B & T Co 75,000 25,037 1,732,788 100

People's Nat Bank_ 100,000 n30,330 n549,174 100

Quarry S Bk & TCo 100,000 8,012 1,047,426Burlington- Per share.

Howard Nat Bank_ 300,000 331,362 1,218,093 100

Merchants Nat Bk_ 150,000 n180,419 n377,849 100

Burlington Tr Co__ 00,000 277,832 3,539,924 100

Montpelier- Per share.

Capital S B & T Co 100,000 86,466 2,186,167 100

First National Bank 100,000 n38,069 n896,206 MO

Montpelier Nat Bk 150,000 n163,817 n1,584,968 100

Montp'r S B & T Co 100,000 222,209 3,675,550 100

Rutland- Per share.

Baxter Nat Bank__ 100,000 67,709 328,434 100

Clement Nat Bank_ 100,000 166,892 1,698,180 100

Killington Nat 13k_ 100,000 79,641 371,392 100

Rutland Co Nat Bk 100,000 70,077 667,609 100

Rutland Trust Co_ 50,000 127,000 1,433,000 100

VIRGINIA-Nat. banks March 7; State institutions latest returns.

Lynchburg-First National Bank 675,000 515,910 3,031,409 100

Lynchburg Nat Bk 500,000 584,860 2,067,359 100

Peoples Nat Bank_ 600,000 577,106 1,887,282

Lynchburg Tr & SB 150,000 255,814 1,880,259

Norfolk- Per share.

Citizens Bank 600,000 573,207 2,809,233 100 215

Marine Bank 110,000 228,237 672,600 100 290

Mercantile Bank__ 100,000 980,174 103,236 100 100

Nat Bk of Comm'ce 1,000,000 10,210 6,326,661 100 205

Nor Bk for Savderr 100,000 337,886 1,872,829 100 490

Norfolk Nat Bank__ 1,000,000 845,891 5,317,616 100 170

Seaboard Nat Bank 300,000 99,933 1,501,734 100 130

Virginia Nat Bank_ 500,000 114,639 1,479,007 100 137

Petersburg- Per share.

Petersb Sy & InsCo 200,000 765,409 2,957,226 20 100 110

Nat Bk of Petersb_ 100,000 369,422 4,237,126 100 375

Virginia Nat Bank_ 400,000 201,202 2,395,567 100 135

Richmond- Per share.

American Nat Bank 1,000,000 773,219 7,307,469 100 193 200

Bank of Com & Tr_ 250,000 177,589 1,113,741 100 180 190

Broad-Street Bank_ 200,000 120,165 1,809,677 25 45 50

Broadway Nat Bk_ 200,000 820,814 8305,425 100 90

Central Nat Bk ofR 350,000 71,929 895,565 100 119 123

First National Bank 2,000,000 1,224,507 15,752,666 100 217 221

Manchester Nat Bk 150,000 n11,239 n317,783 100 80

Mech dc Merch Bk_ 100,000 119,767 721,561 100 205 220

Merchants Nat Bk_ 200,000 1,417,662 0,680,791 100 900

Nat State & City Bk 1,000,000 827,967 6,533,028 100 183 186

Planters Nat Bank_ 300,000 1,636,209 6,964,565 100 800

Richm Bk de Tr Co 477,400 91,914 582,680 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 50 315 340

Old Dominion TrCo 1,000,000 1,147,760 1,522,960 100 198 200

Richm Tr & Say Co 1,000,000 148,527 904,923 100 1073-i 110

Virginia Trust Co__ 1,000,000341,469 2,040,246 100 230 2373i

WASHINGTON-Nat. banks March 7 State institutions March 7

Seattle-Per share.

Bank for Savings__ 400,000 14,417 697,122 100 100

Canad'n Bk of Corn 200,000 35,710 4,005,655 100

Dexter-HortonNBk 1,200,000 293,067 9,480,482 100 k 265

First National Bank 300,000 122,767 5,346,917 100 250

Ger-Amer Mere Bk 200,000 12,817 1,240,249 100 100

Metropolitan Bank. 100,000 109,012 2,331,620 100 350

Nat Bk of Comm'ce 1,000,000 1,151,951 12,019,438 100 310

Nat Cy Bk of Seatt 500,000 152,692 3,165,163 100 165

People's Say Bank_ 100,000 239,790 2,217,750 100,

Scand-Amer Bank_ 500,000 548,123 11,109,933 100 190

Seattle Nat Bank__ 1,000,000 287,024 15,699,642 100 225

State Bk of Seattle_ 100,000 19,240 1,383,996 100 140

km Say Bk dc Tr Co 600,000 102,757 2,151,251 100 112

North Bk & Tr Co_ 100,000 17,101 1,325,331 100 130

Union Say & Tr Co 600,000 191,341 4,157,497 100 135

qorthw Tr & S DCo 100,000 13,579 1,159,395 100 130

Dex-Hort T de S Bk 400,000 111,847 7,321,874 100

Spokane- Per share.

Bank of Montreal__ 100,000 5,000 1,649,887 100

xchange Nat Bk__ 1,000,000 238,934 7,131,000 100 150 160

Fidelity Nat Bank_ 250,000 64,660 2,529,265 100 135 150

)1d National Bank_ 1,000,000 510,170 13,443,491 100 150 160

3canOinay-AmerBk 100,000 43,062 726,708 100 110 120

3pok & East Tr Co_ 1,000,000 302,905 10,041,003 100 150 175

jnion Tr & Say Bk 500,00 150,067 687,633 100 120 130

Washington Tr Co_ 200,000 45,063 746,360 100 120 135

Tacoma- Per share.

at Bk of Tacoma_ 1,000,000 188,371 8,171,559 100 * 200

?uget 8d State Bk_ 100,000 48,770 897,836 100 130 140

3candinay-AmerBk 200,000 19,079 2,318,268 100 75 80

3ankers Trust Co__ 300,000 3,296 652,605 100 100 110

Fidelity Trust Co__ 000,000 494,976 4,140,004 100 175 180

racoma S B& T Co_ 200,000 36,607 1,054,027

WEST VIRGINIA-Nat. banks Mch. 7; State institutions latest returns.

Capital.Surplus

it Profits.Gross

Deposits. Par. Bid. Ask.

Wheeling-, $ $ $ Per share.

Bank of Ohio Valley 175,000 37,237 1,127,554 70 .-_ _. 83

CentreWheelingSay 50,000 32,824 629.255 100 r 170

Citizens' Nat Bank 100,000 25,000 218,939 100 126

City Bk of Wheel 150,000 237,847 2,597,923 100

Commercial Bank_ 100,000 138,000 430,000 100 190

German Bank 80,000 614,441 3,120,810 100 550

Germania Half-Dol-lar Savings Bank 50,000 107,644 1,077,417 100 240

Nat Bank of W Va. 500,000 298,227 3,478,233 100 159 161

Nat Exchange Bank 500,000n 594,447n2,758,272 100 212 215

People's Bank 100,000 82,330 505,752 20 29

Quarter Says Bank_ 73,200 52,003 380,320 100 140

South Side Bank... 25,000 109,412 911,032 50 175

Dollar Say & Tr Co 500,000 868,671 4,634,303 100 240 250

Security Trust Co_ 300,000 251,967 1,137,950 100 166 170

WISCONSIN-Nat.banks Mch. 7; State institutions latest returns.

La Crosse- Per share

Batavian Nat Bank 400,000 198,527 3,232,994 100

Exchange State Bk 25,000 12,527 433,720 100

Nat Bk of La Crosse 250,000 478,374 4,392,929 100 ,

Security Says Bank 30,000 9,161 465,474 100 I

State 13k of LaCr'se 100,000 63,201 1,610,857 100 I

Milwaukee- PerIshare.

Badger State Bank_ 200,000 8,000 1,000,600 100 First National Bank 3,000,000 1,332,293 28,597,221 100 195 197

German-AmerBank 250,000 101,770 2,992,667 100 135 140

Germania Nat Bk_ 300,000 199,421 4,959.951 100 145 150

Marine Nat Bank__ 500,000 817,002 7,718,336 100 240 250

Marshall & IlsleyBk 000,000 694,547 13,654,697 100 235 240

Mer & Manufac Bk 400,000 67,312 1,599,280 100 100 105

Nat Exchange Bank 500,000 672,793 7,279,632 100 210 215

Second Ward Say B 1,000,000 580,630 18,765,474 100 170

West Side Bank__ 200,000 126,127 1,943,399 100

Wisconsin Nat 13k_ 2,000,000 1,429,389 26,780,018 100 200 201

First Trust Co_ 300,000 154,370 100

Wisconsin Trust Co 500,000 316,202 1,189,791 100 160

WYOMING-National banks Dec. 311916.

Cheyenne- Per share

lltizens Nat Bank_ 100,000 37,917 855.504eirst National Bank 100,000 155,000 2,500,000

ltock Growers N B 100,000 124,617 2,456,161 - -- - ----- -

Vyom Tr & Say Bk 60,000 46,867 511,268 100

CUBA.Returns are of date Dec 31 1915.

Havana-Nat Bank of Cuba_ 5,000,000 2,548,270 36,465,811

Per100

share.

CANADA.Returns are all of date Jan. 31 1915.

MANITOBA.

CapitalPaid in.

ReserveFund. Deposits. Par. Bid. Ask.

Winnipeg-Northern Crown Bk

Prices are

2,859,287

per cent,

150,000

not per sha

11,477,973

re.

110 Per cent.

80

NOVA SCOTIA.

Halifax- Per cent.

Bk of Nova Scotia_ 96,500,000 12,000,000 73,621,721 100 261

ONTARIO.

Hamilton- Per cent.

Bank of Hamilton 3,000,000j 3,300,000 36,716,012 100 201

Ottawa-Bank of Ottawa_ g4,000,000 4,750,000 37,492,315 100 207

Toronto-Bank of Toronto_ 95,000,000 6,000,000 46,718,035 100 211

Can Bank of Comm 15,000,00 13,500,000 1794449 52 60 203

Dominion Bank 6,000,00 7,000,000 62,582,005 50 227

Home Bk of Canada 91,945,809 400,000 9,342,424 100

Imperial Ilk of Can97,000,000 7,000,000 55,906,374 100 210

Standard Bank. 3,000,000 4,000,000 39,433,016 50 210

Sterling Bk of Can. 1,205,494 300,000 7,154,867 100

QUEBEC.

Montreal- Per cent.

Bank of Montreal_ _ 16,000,00016,000,000 248905 393 100 234

Bank of Br Nor Am 4,866,666 3,017,333 40,685,898 145

Banqued'Hochelega94,000,000 3 700,000 22,534,190 100 149

Merch Bank of Can97,000,00 7,000,000 67,017,490 100 180

Molson's Bank.. 94,000,000 4 800,000 38,733,421 100 201

Provinc'l Bk of Can91,000,00 650,000 9,338,367 100

Quebec Bank 2,735,000 1,000,000 13,342,710 100 119

Royal Bk of Canada 91156100 12,560,000 151221 779 100 221%

Quebec-Banque Nationale_ 2,000,000 1,800,000 19,700,720 100 132%

Union Bank of Can 95,000,000 3,400,000 02,402,072 100 140

• Sale price. e Par of this bank is 150 a Capital to be increased. a Er-rights. g This is capital paid in; authorized amo int is larger.

s Ex-dividend. s Sept. 2 1915. r New stock. t June 23 1915. d Nov 110 1913. s July 11015. n Doc. 31 1915. o Sopt. 121914. k Includes one-

third of a share in Dexter-Horton Trust 416 Savings Bank stock.

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