financial The lirtintrie INCLUDING Bank & Quotation Section Railway & Industrial Section Electric Railway Section Railway Earnings Section Bankers' Convention Section State and City Section

A WEEKLY NEWSPAPER

Representing the Industrial Interests of the United States

JANUARY TO MARCH, 1923, INCLUSIVE

VOLUME 116—PART 1

WILLIAM B. DANA COMPANY, PUBLISHERS FRONT, PINH & DRPHYSTBR STS., NSW YORK.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis by Copyright in 1923 according to Act of Congress

WILLIAM B. DANA COMPANY

in office of Librarian of Congress, Washington, D. C.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis JAN.-MAR., 19231 INDEX

INDEX TO VOLUME 116 PART 1.

JANUARY 1 TO MARCH 31 1928.

EDITORIAL AND COMMUNICATED ARTICLES

• -----Page. Page. Paia, rgitatdouro-Baniis totI-ttil••7- 1A cre--di ts 1110_ augher t y Attorney-General. Impeachment Germany. French Occupation of the Ruhr “gr-fruirtire-,Thepartmolii•-of: its-Eire and D Charges Against Dismissed 453 Region (Concluded)- Extension . 1345 Democracy Under Its Latest Testing 334 Miners and Mine Owners Oppose the Allied Indebtedness-A rrangement of British French 211. 213, 321F Indebtedness to United States —330. 440. 545 ngland. Bank of. Weekly Return. 6, 108, Miners, Railway and Transport Workers Allied Reparations E COMIllardon., se e German 215, 330, 446, 551. 651, 753, 861, 981, and Telephone and Telegraph Operators Reparations. 1105. 1223. 1339 Strike 326, 443, 444. 5911 American Army, PaYmett for/Costs While European Banks, Weekly Return of Gold Mussolini as Would-be Conciliator Between on the Rhine Mining- 1221, 1338 and Silver Holdings, 9, 112. 219, 450, 555, France and Germany 211. 327 Anthracite Coal aad 655, 757, 865, 985, 1109, 1227, 1343 No Change in Attitude of United States.-- 351 Profiteering Charges of -.______439, 749, 987 Poincare Gets Vote of Approval 444, 133$ Austria Authorized to 30n.0w :by council act Finding Coal. See Coal Commission. Reference to Subject in British Parliament to League of Nations.... F 446 allures. See Business Failures, by Boner Law and Others_ _650, 1103, 130$ Farmers' Rural Credits Banks 1110 Reichstag Supports Chancellor Cuno_211, 97$ rtank Clearings in the ri -sited States and 337 Federal Aid to the Citizen, Limits of 219 Rumors of Negotiations for a Settlement " Canada in 1922 Federal Budget. See Budget. Between France and Germany_ _550,859. Bank of England Weekly Return,see England. Federal Constitution. See II S. Constitution. 977, 1100, 1103. 1337' Bank of France Weekly Federal Government. See U.S. Government, Stirmes, Bank of Germany I10(4.. See France. Hugo, Reported in Conference with W-1. Return. See Federal Reserve Banking System, Tinkering Well Known Germany. 114 American Visitors 1330 With It 1227 Germany Banks for Rural - Credits..., 1110 Federal Reserve Banks' Discount Rates, Belgium, Bank Advance in Discount Rates by Bank of of, Adva0ces- Weekly Table_ __8, 110, 217, 332. 448. Rate its Discount 553, Germany to 12% 2115 330 653. 755. 863, 983, 1107, 1225, 1341 Bank Banking and of, Weekly Return__6, 109. 330. 445, Labor Unionism 657 Federal Reserve Banks of New York and Bos- Banking 335, 450, 552, 652, 754, 862, 982. 1106. 1279 System, Tinkering Advance Their Discount Rates_ -- Banking, Venturesome Esttitiments_when1227with It ton -750, 754 Big Drop in Price of German Mark_ -_213. 217 Federal Reserve Banks, Weekly Returns_ -_6, Proposed Capital Is Kind 850,000,000 Gold Loan 133$ and... averators Awee1343 109, 215, 331, 447, 552, 652, 754. 862, 982. German Reparations Payments Bituminous Coal Miners - 1106. 1224. 1340 Admission of to Continuo Wage Inability to Pay 500,000.000 Scale tot Year 325 Financial Situation, The_ _ _1, 103. 209, 325, Gold from April 1 Another Marks Due Jan. 15 101 545. 647, 749, 857, 975, 1099. 1219, 1335 British Bonus, Soldier. 439, and French Proposals at Paris- See'Soldier Exchange Market, Weekly Review, Building Foreign Conference 2 Construction, New, ""' 332, 448, 553. 653, 755, 863. 1922 its Record for 8. 110. 217, Chancellor Cuno Declares Premier Poincare 983, 1107, 1225, 1341 Rejected Book Reviews- 1346 a Franco-German Non-War Foreign Money Rates. See Money Rates at Compact Money and Foreign Exchasee After 1914. Foreign Centres. Conference of Allied by Gustav Cassel Premiers at Paris 220 Foreign Trade. See U. S. Foreign Trade. Breaks Up Quest of Industrial Peace.... • 2 451 France- Controversy Regarding Nitrate Budget System, Mr. Madden' Deliveries. 15 6 of, Weekly Return- _6, 108. 215,330, Germany Declared Foreign TrIbilte to 1L1228British Bank in Willful Default on Trade StatOMe4... 754. 862, 982, 1106, 1223. 1340 Her 1922 Britain. . See Great 446. 551. 651, Deliveries 1015 French Chamber Gives Poland a Credit of Germany Suspends Payments Budget, The 1924. in Money and Congressional Appro- 400,000,000 Francs 651 and in Kind priation Bilis 211. 212 Budget in Chamber of Deputies.-- 980 Payments for Brussels 112 French American Army Costs 1221. 133$ Conference. See Gerken Repara- Decided on 108, Reparations tions. Increase in Taxes 215 Commission Grants Until Feb. Issue of New Bonds 1105 1 for Payment of 500,000,000 Gold Bursum Bin for Pension Marks 211 Increaais vetoed by or Friends 868 Reparations Commission President Foreigners Refuses Mora- Harding torium Business Failures 1, 11 444 French Occupation of the Ruhr Schedule of Payments Drawn Up in May Business Insolvencies in 1922_ -___ _1, 546, 976 nermany, Region- 1921 Again to be in Effect Budget, Putting "Pork" Into it: 454 325 American Troops to be Withdrawn from Statement to Reparations Commission by Budget, the, Before the Short a„... 556 1109 Rhine 105, 327 Roland W. Boyden, U. S. Representative 242 Occupation Extended What Germany apital Issues. New, in Area of 211 Proposed 3211 Great Attitude of the British 327. 443, 859 Great Britain- C Months, for Four Calendar by y....“Lam• Labor Party Injects Itself Into Arrangement of Indebtedness to U. Capital Flotations, New, Durint 7fs 348 British 8_330. Situation 977 and Twelve Months, 440. MX 343; 1)04•11'ecember Troops Moved from a Portion of Bank of England Weekly Return. arY. 762. 870; during February__ g Janu- British See Occupied Zone to Facilitate French England. Capital, When It Is Kind-Pers!!:4.1 owner_1349 ship Operations 751, 752 British Foreign Trade Returns-108,651. 11016 Clashes Between French and Germans _212, By-elections Go Against Boner Law Cassel. Gustay. on Money and o • 443. 977, King George's Address change After 1914 Oreign Ex-1343 1101 633 Concentration of French Troops before Labor Troubles In Great Britain Chicago Stock Exchange, COW*, 220 13311/ for 1922 Sf Prices Invasion 105 New Capital Issues for Four Years by Chicago Stock 349 Conference of French with Boner Law Months 3411- Exchange, Volume ora Greece- Clews, Henry, Death of ....11suiess_ 349 Government 649, 750 for Opposing French_327, Government Aid to Citizen. Limits of_ __ Clearings-See Bank Clearings. .• 453 Convictions 443, 751 219. French Occupation on Foreign Government in Business COM- Coal Mining, Assassinations in Effects of -Workmen's Acquittals 4- `ritt. , Trade of U. S. and Other Countries_860, 977 pensation 335 the Ruhr into Greed as the Foe of Coal Miners in Bituminous Exportations from Un- Democracy 334- Fiekis%•------337 Halted Continue Wage Scale for 1ree to occupied Germany 648 Ane07,4 arding, from April 1 Year French and Belgium Premiers Decide on a President- H Addresses Congress Coal Miners, The, Propose 325 Common Policy 752, 1100, 1101 Regarding British Nationalistato- Debt to ClCoal Situation, The, and n__ 115 French Government Says it Will Consider United States 545 Proposed h Mediation by Outsiders an His Administration at the Miners' Certificate Law in Pennsrise Efforts at Half Way 1344. peal of Report on Reorganization of Coal Minas, Anthracite, and oh„441a--- zzz Unfriendly Act 1220 Executive Profiteering 4 ,--Ptes of French Declare They Do Not Intend Departments 658. 863. Sends Message to Congress Constitution, Federal-See U. S. Cor-iss9,! '749. 987 Annexation 443 Advocating Adhesion of U. S. to Construction of Now Buildings-Its French Invasion Begun 106 Permanent Court French_g58, of International for 1922 Further Seizures of Property by Justice at The Hague Provided Corporation Bonds in 1922 ----1346 859, 1337 for in League 858. 887 Vetoes Congress, U. S., Sixty-seventh, Its .;; _ _ _ 351 German Government Reaffirms its Position.1221 Bursum Bill for Pension Increases,,!, 11 Harvests, the, tion-Work of '41nra- German Industrials Discuss the Situation- -1220 in 1922 223 Ambassador at Herrin (I11.) Court Decisions- -975, 985 Germany Recalls Her Paris Acquittals in Coal Murder Cases 337' Labor Unions-Mass. Supreme Coen and Her Minister at Brussels 106 Tmmigratton That Employer May Stipulate 114',21dsin Germany's Suggested Terms for Settlement Law and Shortage of Common 1102, 1220 A Labor ployee Must Give up His m- 5.5T Mereb Proposal to Invite U. S. Industrial Peace, Quest of fl in lJnisin s:rohip Lloyd George's 45Z • _ 103 to Mediate Defeated 750 International Court of Justice Illb

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Page. Page. Page. International Chamber of Commerce Calls New York State-Governor Smith's Inaugural Turkey and Turco-Greek Situation (Conel.)- for a World Economic Conference__ _1222, 1336 Address 11 Mustapha Kemal Pasha Emphasizes Tur- Irish_Free State-Political Situation 1105 New York Stock Exchange and Recommenda- key's Unalterable Attitude 980 tions of Lockwood Committee_ _209, 648. Open Door Policy in Turkey Approved__ 444 I abor Banks-Railway Engineers as Bank- 870, 1099, 1219 Private Consultations Outside of Official . ers''' 335, 450 Meetings 214 Labor Opposed to Stop Watches and Time aris Conference of Allled Premiers Breaks Reference to Matter in British Parliament Measuring Devices in Government Em- P Up 2, 104 by King George 650 ployment 439 Party Strife as the Foe of Democracy 334 Russian Delegation Refuses to Subscribe to 'Labor Shortage and Immigration Law 557 Poland Given a Credit of 400.000,000 Francs Any Settlement of the Straits Question 'Labor Unionism and Banking 657 by French Chamber 651 Unless Granted Full Participation 107 Labor Unions, Massachusetts Supreme Court Poland, Invasion of Memel by Lithuanians, Turkish Delegation Leave Meeting Hall as Decides that Employer May Make It a Con- 214, 753, 861 a Protest Against Allied Insistence upon dition that Those Entering His Employ Property Rights, Personal Ownership-When the Establishment of an Armenian Na- V' Shall Not Remain Members of a Labor Union 103 Capital Is Kind 1343 tional Home in Turkey 107 Labor's Cry for More and Stock DIN Mends 221 Turkish National Assembly Rejects Lau- Lausanne Conference. See Turkey. uest of Industrial Peace 451 sanne Treaty 980. 1104 League of Nations- Q Turkish Nationalists Agree te Further Ne- L Council of, Ends Its Sessions in Paris 550 gotiations 650 President Harding Sends Message to Senate Railroad Operations in 1922 870 Turkish Reply to Lausanne Proposals 1104 Urging Adhesion of U. S. to Permanent ailroad Gross and Net Earnings for Nov., Turks Maintain Their Attitude of Obstruc- Court of International Justice 858, 1111 116: for Dec., 657: for calendar year, 988* tion 213, 214 'Lithuanians Invade Memel-Allies Send for Jan 1112 Views More Favorable Regarding Ultimate Warships 214. 753, 861 Railroad Labor Board, Its Functions and Settlement 861 Lockwood Committee-Recommendations Limitations 757 Regarding Housing and Stock Exchange Railway Engineers as Bankers_ _..335. 450, 657 T T. S. Appropriation Bills, Unusual Speed in 209, 647, 870, 1099.4219 Railway Returns for January Very Favorable_ 857 •-1 Acting Upon 112 Railway Returns for February Adverse Again 1336 U. S. Constitution, Norris Proposition to Memel Invaded by Lithuanians.-Allies Reparations Matters-See Germany. Amend 655 mi Send Warships 214, 753, 861 Ruhr Occupation by French-See Germany. U. S. Budget, See Budget. Mercantile Insolvencies. See Business Fail- Rural Credits, Banks for 1110 IL S. Foreign Trade-..... _ _210, 648. 750, 1100 ures. Russia Anxious to Resume Trade With France 979 U. S. Government, Reorganization of Depart- Money in its Fundamental Relations, Ac- Russian Budget. Provisions of 980 ments 656, 865 cording to Gustav Cassel 220 Russian Political Situation as Affected by U. S. Government Salaryolamincau„Bill- Money Market, Weekly Review of_ _7, 109, Illness of Nikolal Lenin 1104. 1223 Dangerous Innovations Proposed 19 216, 331, 447, 552, 652. 754, 863, 982, U. S. Government Empinyment--Labor On- 1106, 1224. 1340 Cellist:mess as the Foe of Democracy 334 poses Stop Watches.,, 440 Money Rates at Foreign Centres_ _6, 108, 215. hip Subsidy 13111 Fails 868 U. S. Government-Nee Figures of Defidt 451 330, 446, 551, 651, 753, 861, 981. 1105, Smith, New York State Governor, His Inaug- U. S. Attorney-General ll,ingherty, Impeach- 1223. 1339 ural Address 11 ment Charges Against, Dismissed 453 Municipal Bond Market in 1922 in Central Soldier Bonus-President Harding Vetoes U. S. Ship Subsidy Bill Pails 868 West 350 Bursum Bill for Pension Increases 1. 11 U. S. Soldier Bonus. -re Soldier Bonus. Stock Dividends and Labor's Cry for More _ _ 221 U. S. Supreme Court, Nmoaed Limitation of National Policy, Our-Foreigners or Friends_ 868 Its Powers 555 NAncor East Conference at Lausanne. See Trust Companies in New York and Elsewhere 759 U. S. Troops to befromWI%drawn Rhine 105 Turkey. A urkey and Turco-Greek Situation- U. S. Congress, 67th,3spiree-Ite Work_975,985 New Building Construction-Its Record for Allies Submit Draft Treaty 445, 547 U. S. Steel Corporat104, Annual Report 1228 1922 1346 American Delegation at Lausanne Approves U. S. Army, Payment for Its Cost While on New Capital Flotations. See Capital Flota- Lord Curzon's Plan for National Ar- the Rhine 1221, 1338 tions, menian Home 4 U. S. Department of -griculture,A Its Rise and New Year, the, and its "Wants" 113 Collapse of Lausanne Conference 547 Expansion 1345 New York City Banks, Table of Currency Great Britain Proposes Reference of Mosul Shipments__9, 112, 219, 450, 555, 655, Oil Controversy to League of Nations_329, 444 Vehicular Tunnels n-inter the Hudson 758 757, 865, 985. 1109, 1227 Ismet Pasha at Lausanne Proposes Plebis- New York City Clearing House Banks, cite in Mosul 4, 108, 329 Va nts, The, of the New year 113 Weekly Statement__7, 109. 216, 447, 552, Ismet Pasha Reiterates His Desire for Peace 753 heat, Fixing the prim, Agitation in Con- 652, 754, 862, 982, 1106. 1224, 1340 Meeting of French, British and Italian Rep- gress Over 987 New York City-More Vehicular Tunnels resentatives Preliminary to a New Con- Workmen's Compeliation_Goverament in under the Hudson Proposed..--In 758 ference at Lausanne 1222. 1339 Business 336

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CURRENT EVENTS AND DISCUSSIONS. Page. Page. cce_ptance Financing, Book on, Page' Issued by tpank Conditions During December, Federal Cleveland Discount Company, A International Acceptance Bank, Inc., of 10 Reserve Reasivers Ap- Bank of New York on 120 pointed for 775 twe''' New York 1006 Bankers (American and Canadian) to Confer Clothing Workers Acceptance Market Jan. 15 to Feb. Get 10% Wage Increase in 15, Federal in Montreal Feb. 5 30 Baltimore—Strike Settled .Reserve Board on Condition of 1132 Bankers' Association, American, See Amer- Coal— 996 Aiculture, Bernard M. Baruch on Needs of; lean Bankers' Association. Anthracite Collieries, Proposed Credit Institution Prices at 258 249 Bankers' Joint Stock Land Bank of Mil- Consumers Urged by Sec. Hoover to Supply Agriculture, Dept. of—See United States. waukeo, Bond Offering 133, 1364 Winter Agriculture, Sec. of—See Needs in June 460 United States. Banking in Loui:Lana During 1922, Develop- Dealers (Retail) in New York Agricultural Co-operative Movement—"Build ment of Name Fair Co-operative 571 Price Committee 257 Organizations from Bottom Baruch, Bernard M., on Needs of Agriculture Embargo on Hard Coal to Up"Says Sir Horace Plunkett Canada is Un- 365 —Proposed.Credit by:Mutton 249 justified 684, 898 Agricultural Credits Act—Plans of Licensing Beazell & Chatfield (Cincinnati), Receiver Fact -Livestock Inspectors Finding Coal Commission Cautious 111 Under Way 1367 Appointed for Inve-tment Firm of . 1127 Expressing Views 254 Agricultural Credits Bill Enacted into Law: Berlin. See Germany. Francis R. Statement of Managers Wadleigh, Federal Fuel Dis- 1002 Belgium and Belgian— tributer, Is Successor to Conrad Spens_ _ _ 257 Agricultural Credits—See also Farm Credits, Bond Drawing of the Kingdom of Capper Belgium Harding, Pres., Attributes Some Difficul- Farm Credits and Rural Credits. 25-year Sinking Fund Bonds 1364 ties in Coal Distribution Agricultural Joint Stock Land to Shopmen's Bank of Chamber of Deputies Approves Bills In- Strikes Yet Unsettled 1013 Charleston, W. Ye., Bond Offering 26 creasing Taxes 568 Inter-State Agricultural Marketing Commerce Commission Orders in U. S.—Co-oper- Germany Meats Belgian Reparations Pay- Priority for Coal Cars to Government ative Movement World Wide 249 ments 671 Aiken, A. Fuel Yards 258 L., of Nat'l Shawmut Bank, Sees Labor Party Assails Ruhr Occupation_ 469 State Fuel Administration Terminates Signs of Return of Confidence 229 Poland Places Order for Belgium Loco- April Alexander, James 1 1371 S. Says Businessin 1923 motives 241 State Fuel Administrator is Succeeded by Must Depend .ipori Domestic Demand ___ - 229 Bolivia, Return of Senator Villanueva 461 Major-General Allied Debts, Balfour Goethals 257 Note on—Retraction Book Notices— Tennessee Coal Go. Increases Wages 12 54% 898 Asked 879 Art of Investments by Morrell W. Gaines- -1131 United Allied Draft Mine Workers Plan for Nationali- Treaty, Provisions of, Presented Booth. Willis H. Elected President of Inter- zation 258 by Allied Powers to Turkey at Lausanne, national Chamber of Commerce 1360 Coal Strike— 470. 471 Borah, Senator, Withdrawal by, of Proposal Bituminous Miners and Operators Reach Allied Draft Treaty Rejected by Turkish Na- for 'World Economic Conference 25 tional Assembly Agreement—Renew Wage Contract for 1012 Borden Co. Announces General Reduction in Another Year 257, 375 Allied Indebtedness to United States— Milk Prices 459 Herrin Mine Balfour Note on Allied Riots, Defendants in, Ac- Debts; Retraction Boston Cloak & Suit Trade, Strikes Settled- - 876 quitted 257 Asked ' 879 Boston Dress and Waist Industry, Strike in 768 Miners' Union in West Virginia. Balfour., Lord, and Injunction Ambassador Harvey Boston Dress and Waist Industry. Strike Granted Against 685 Regarding Guarantees Sought by U. S., Settled 876 Coffee Trade, Brazilian Government Valoriza- 998, 1119 Becton Stock Exchange on Requirements tion Methods Reported as Disorganizing 576 British Indebtedness to U. S.—See United Governing Comparisons 886 Colonies States and Repaying British Loans 1120 also Great Britain. Brazil and Brazilian— Commerce, Secretary of. ,See United States. French Indebtedness, U..S. Receives In- Government Bonds,Payment of Coupons of1364 Comptroller of the Currency— terest on 460 Government Valorization Methods Report- Banks in Allied Premiers' Conference London, District of Columbia Under in Tor- ed as Disorganizing Coffee Trade 576 Jurisdiction of 900 mination of; No Agreement on German Railway Bonds. Interest on, Reduced -_ — 359 Reparations; Crlssinger in Annual Report on Necessity Boner Law on Gold Depesits_ 15 Bread War in Chicago and Portland Results of Exporting Gold—Other Features of Allied Reparation Commission (see also Gel'- in Giving Away of Bread 684 Report many)— British. See Great Britain. 674 Allied Premiers' Crissinger's Nomination as Governor of the Conference in London Ter- Brotherhood Investment Co., Offering of Federal Reserve Board Favorably Re- minated Without Agreement 15 $2,000,000 Preferred Stock of 1367 ported Austro-Hungarian Empire, 884 Old, Distribu- Brotherhood of Railway Trainmen, William Nomination of J. G. McNary Unconfirmed tion of Liability for Debts of 1237 G. Lee, Head of, Resigns 481 • by Senate British Experts, Reply 1005 of, to French Objec- Brown Bras. & Co. A New Book on the Pres. Harding to Name H. M. Dawes as_ _1367 tions to British Plan for Settlement of Principles of Investment Written by One of Congress. Acts of— Reparations Question 131 the Staff of 1131 Bulgaria's Reparations Agricultural Credits Bill Enacted—State- to Allies Fixed at Building Operations, A Roseate View of- ment of Managers 1002 550,000,000 Gold Marks 1237 Present and Prospective 13 Bill British Plan for Settlement Enacted to Stop Tax Evasions Through of Reparations Building Operations of Unexampled Dimen- Exchange of Securities 1131 Question 19 sions 1116 British French Solution Debt Funding Bill Passed by House, Plan for of the Reparations Bulgaria's Reparations to Allies Fixed at 562. 665 Problems, Details of 21 550,000,000 Gold Marks 1237 Capper Farm Credit Bill Passed by Senate, Germany Declared in Default by Repara- Burlington (Iowa) Joint Stock Land Bank, Commission: 249. 364 tions Invasion of Ruhr by Bond Offering 472 Capper Farm Credit Bill Tentatively Ap- France and Belgium 128 Bursum Pension Bill, Vetoed by President proved by Senate Germany—Delay Granted on Payment of Committee—Views of Harding 29 Secretary of Treos-iry Mellon 27 Reparations 237 Business Conditions, Summary of, by Federal Cotton Standards.Offidlal,Bill BecomesLaw1133 Germany's Protest Against Rejection of Reserve Board 120, 458, 873, 1354 Farm Credits Moratorium Allied Reparations Corn- Bill Bnactcd—Statement of by Business, Domestic, Continues Favorable, Managers 1002 mission 566 According to Dept. of Commerce at Green Bill Designed Allied War To Stop Tax Evasions Debts— Washington 357 Passed_ 473. 1006 Great Britain— Business in 1923 Must Depend Upon Domestic Lenroot-Anderson Parm Credits Bill Passed British Debt Issue. Senator McKellar Demand, James S. Alexander Says 229 by Presents 9. Side Senate....569 U. 237 Business, Possibility of a Setback in 459 National Bank Bop hi Limited to Three British Debt Mission. and U. S., Confer- Business Profits in 1922—Figures by Federal a Year Suspended; Return to by Bill Signsi by Pres. Harding__ 29 once Between Eu- Reserve Bank of New York 997 National Banks, Bill Providing for Taxa- rope 235. 359 Business Recovering Abroad too Says Federal tion of by &sixes I rssed by Congress— See also Great Britain. Reserve Bank of New York 997 Measures Allies, Turkish Treaty Presented Lost oral ,nacted. _367. 1008. 1127 Changes in • Norbeck Bill Providing $250.000,000 for at Lausanne Asked by Turks in Reply to....1133 Campbell. Milo D., Commission of, as "Dirt Allies Demand That Warships Farm Credits to Europe 358 Reject Turkish Farmer" of Federal Reserve Board Rural Credits Bills Et.,cted into Law__ _1002 Leave Smyrna Harbor 564, 671 Signed by President Harding 1006 Senate Clothing Workers to Establish Passes Resolution Calling for In- Amalgamated Campbell, Milo D., Former Member of Fed- quiry into Cotton Situation by Federal Bank in Now York 560 oral Reserve Board. Death of 1240 Trade Bankers' Association— Commission 575 American Canada and Canadian— Silver Monetary System, Resolution Calling Claims of Member Banks as to German Pre- Banks, Comparative Figures of Condi- for War Balances Safeguarded by Corn- Appointment of Silver Commission tion of 461, 879. 1362 with View to Resumption of 30 mittee of 1236 British Exporters to Send Deputation to Congress, Interest in Farming and Banking, J. H. Assembling of. and Inaugural of Montreal to Seek Revision of Canadian President. Proposed Change in Date of. - 680 Puelicher on Plans of 249 Bank Act 677 Selects Delegates to International Chamber Congress, Longest Session Since 1915—Legis- Canadian National Bank, Manitoba Farm- lation Enacted 1009 er Conimerce Meeting 481 era to Petition Government for Estab- To Convention in Atlantic Conn, Donald D. Says Pooling of Freight Hold 1923 City_ 901 lishment of 364 Car Equipment invites Government Owner- To Move to New Headquarters at 42d St__ 30 Commercial Trade Treaty Abrasives Export Between Canada ship of the Railroads 376 American Surface Corpora- and Italy, Signing of 240 Consolidated Um Organized under Webb Exp. Trade Act 874 Stock Exchange on Results of Farmers Bank of Quebec. Proposed 364 Questionnaire to Members 886 American Tire Manufacturers' Export Asso- Harding, Pres., Declines to Put Embargo elation Proposed,• Webb Act Corporation.- Constantine. Ex-King of Greece, Death of. 135 674 on Coal Shipments to Canada 684 Co-operative Marketing Act, Raisin Growers American Woolen 0110., Advances in Fall Fab- House of Commons Adopts Resolution for ric Lines of------to Reorganize to Meet Conditions of 1367 354 Establishment of National Coal Supply_ _1243 Cooke. Thornton, of Kansas City. Pre- American Woolen ------Wages ------; Capper Farm Credits Bill Favored by Eugene Other Woolen Mills Advance Wages in diction for 1923 121 Meyer—Amendments Suggested 571, 882 Co-operative Marketing as Aid to Farmer, New England 1233 Capper Farm Credits Bill Tentatively Ap- Andrew, Representative A. Platt, Terms F. I. Kenton 386 proved by Senate Committee 27 Corporation Tax Returns, Time for Filing Farm Credit Measure "Fundamentally Dan- Capper Farm Credits Bill Passed by Senate, gerous and Unsound" 1122 Extended to June 15 688 Anthracite Collieries. Prices at 249, 364 Copper, Output of. Increases in 1922 355 258 Capper Farm Credit Bill Sets Up Sufficient Cotton— Arbitration—Bench, Bar and Business in Rural Credits proval Facilities 365 Bankers' Co-operation with Cotton Ex- of at Meeting at Astor Home 1131 Capper, Senator, on Farmers' View Armour-Morris Packing Purchase, Govern- of Inter- porters. George L. Le Blanc on De- national Situation—International Economic simbility of 1238 ment Complaint Aainst 895 Conference "Art Book on Suggested 673 Consumed and on Hand, Active Spindles of Investment," Principles of Capper, Sen. on Legislation In Investment by One of the Staff of Brown Behalf of and Exports and Imports, Census Report Farmer Enacted by Sixty-Seventh Con- on Bros. & Co 1131 gross 231. 664. 1118 Associated Dress Industries Make 1122 Cotton Mill Operatives, N. H. Legislature David N. Car Loadings, Unprecedented_ _559, 767, Mosessohn Dictator 356 873. 996 and R. I. Lower House Adorns 48-Hour Central American Republics, Signing of Pact Bill 664, 1117, 1234 Association of Railway Executives—See Rail- Growing out way Executives. of Conference in Washington of 682 Cotton Standards. Pres. Harding Signs Central Iowa Joint Stock Land Bank, Bond Atlantic Joint Stock Land Bank,Bond Offering1002 Offering Bill to Establish Official 1133 Attorney-General Daugherty 880 Cotton Spinning Industry for February and Attorney Central Pacific By. Controlled by Hayward, Attack on; Ilayward's Reply-- 102 Southern 1923. Activity in 1234 Pacific Co. Approved by I.-S. C. Comm-- 685 Cotton Wrappings Simplified, Restrictions Austria and Austrian— Central Railroad of New Austro-Hungarlan Empire, Old, DIstribu- Jersey— on Entry of 897 Not Negotiat:ng with Striking Shopmen_ 137 Cotton thin by Reparations Commission of Trying to Situation. Senate Passes Resolution Liability for Debts of Break Up Labor Unions, Union for Inquiry by Federal Trade Commission 575 1237 Officials Claim—Lifts Freight Embargo, Bence. Stanley M. Forms New Cabinet-, 671 Fulmer Cotton Standards Act, Public 481. 1138 Hearings by U. S. Dept. of Agriculture Budget for 1923, Proposal of—Defeat of Chain and Department 2,400 Billion Crowns Stores Sales as Re- Incident to Preparation of Regulations 1237 ported by Federal Reserve Bank of New Under 1134 Currency, Scarcity of, Causes Temporary York. See Federal Reserve Stringency in Austria—Reconstruction Bank. New Orleans Cotton Exchange Calls a Chandler Bros. & Co.'s Creditors Receive Conference of the Various Interests in Plan 261 33% of Their Claims Hungary to Pay Austria 3.000,000 Francs 134 the Cotton Trade 777 Chicago, Bread War in, Results in Giving Prices, Federal Commission on Burgenland Reparation 1237 Away of Bread Trade Offering in Great Britain 884 Causes for Decline in 896 Loan Under Chicago Joint Stock Land Bank, Bond Offer- Spinning League of Nations Plan, Success of 1237 Mg Industry for January 1923. Loan to Austria Guaranteed by League of 132, 880 Activity in 876 Children's Clothing Industry, Lockout in, County. A. J., Says Business will be Halted Nations 461 Called Off Automobile Industry in 1922. Activity of.. _ _ _ 124 Unless Transportation Lines Keep Pace 13 Chinese Government Loan Offering in N. Y_ _1364 with It 259 Automobile Production, Increase In.,. —767. 1232 Chinese Indemnity, Britain Remits Production Well Balance of 568 Court Decisions— Automobile Maintained in Cleveland Clothing Market, Wages In- Branch November Banking, Missouri Supreme Court 13 creased in 1355 Against 1006, 1128

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis VI INDEX [VoL. 116-PART 1.

Page. Page. Page. Court Decisions (Concluded) Federal Reserve Banks (Concluded)- France and French (Concluded)- Curtis Publishing Co. Upheld by U. S. New York- French Not Averse to Secretary Hughes's Supreme Court Decision in Exclusive Bank Conditions in December 920 Terms 899 Agency Issue Against Federal Trade Basic Industries, N. Y. Federal Reserve Furnaces Suspend Because of Fuel Shortage 470 Commission 253 Bank on Gain in 458 Future Trading in Exchange Renewed by Gypsum Industries Association, Decree Business Profits in 1922, Figures by Fed- French 470 Against 138, 140 eral Reserve Bank of N. Y 997 Gendarmes, Ruhr Town Fined $3.000 for New Jersey Act Exempting New Property Business Recovering Abroad, Says Fed- Wounding of 670 from Taxation Declared UnconstitutIonal1209 eral Reserve Bank of N. Y 997 German Government's Protest against New York Law Exempting New Buildings Earnings (Net) in 1922 as Compared French Occupation of Offenburg and from Taxes Declared Invalid, 1242; Ap- with 1920 30 Appenweller 670 peal Taken and Decision Reversed. See Industry is Well Up to High Points German Loan, French Government Warns April 7 issue 1489 Reached During War, Federal Reserve Americans against 1235 Credit Situation, Barret Montfort on 567 Bank Says 874 German Non-War Pact, France Declares Crissinger. D. R. Comptroller of the Cur- Notice Regarding Collection of Checks Object Was to Obtain Evacuation of Ruhr 22 rency, Named' for Governor of Federal Drawn on First National Bank of Hughes, Secretary, Suggestions, French Reserve Board 125, 250 Englishtown, N.J 1127 View of 23 Crissinger, D.R., Nomination of, as Governor Rediscount Rates of N. Y. Federal Re- Imports, Increase in 899 of Federal Reserve Board Confirmed by serve Banks, Increase in 776 Labor Protests against Ruhr Measures 489 Senate 1007 Report of Federal Res. Bank for....1922, 373 Law's, Boner, Statements Regarding Rube', Cuba & Cuban- Retail Trade in Federal Reserve District, French Press on 668 Loan, J. P. Morgan Successful Bidder for 125 Expanding Volume of 458 Note Regarding Gold Advanced to Great Morgan, J. P., Advices to Regarding West Bergen Trust Co. of Jersey City Britain and Deposited in United States 127 Cuban Finances 1361 Admitted to Northern New Jersey Paris. City of, Reports Deficit, But Hopes Republic of Cuba Bond Offering 234 Clearing House-Collection through to Make It Good 241 Curb Market. See N. Y. Curb Market. N. Y. Federal Reserve Bank 1005 Poincare, Premier, Denies Reports of Ruhr Curtis, J. W., Chosen President of N. Y. Wholesale Trade Reported by Federal Annexation-Will Occupy Ruhr Until Curb Market 678 Reserve Bank, Gain in 458, 874, 1355 Paid 489 Curtis Publishing Co. Upheld by U. S. Su- Rediscount Rate of Federal Reserve Bank Poland, French Loan to 671 preme Court Decision in Exclusive Agency of San Francisco, Increase in 1005 Reparations-- Issue Against Federal Trade Commission 253 Weekly Return of_15, 124, 233, 357, 460, British Experts Reply to French Objec- Curtiss, Frederic H. of Federal Reserve Bank 560, 664, 768, 577, 997, 1118, 1359 tions to British Plan for Settlement of_ 131 of Boston, on the Situation 121 Federal Reserve Board- French Plan for Solution of Reparations Czechoslovakia, Standard Oil Co. Withdraws Acceptance Market, Jan. 15 to Feb. 15. Problem, Details of 21 from 1371 Condition of 1132 German Reparations Payment, Delay Annual Report-1922 a Year of Almost Granted on 237 al:fish Landsmansbank, State Guarantee for 568 Continuous Recovery 886 Ruhr, Occupation of, by France. See Ger- Danish State Costs 20% of National Income; Approval of Federal Reserve Bank of San many. Budget is Seven Times as Great as Pre-War Francisco Discount Rate Agricultural Security Coupons in France, Proposed Figure 568 Paper Up to 9 Months at 434% 1240 Registration of, to Prevent Income Tax Daugherty, AWy-Gen., and Att'y Hay- Business Conditions, Summary of.. _ _ _120, Evasions 567 ward, Attack on; Hayward's Reply 140 458, 873, 1354 Steel Orders for Germany, LOGS of, Caused Davison, Assemblyman F T., Bill of to Pre- Campbell, Milo D.,Conami-ssion of as "Dirt by Occupation of Ruhr by France 240 vent Double Prosecution for Violation of Farmer" of Federal Reserve Board Treasury Bond Issue Approved by French Prohibition Act 253 Signed by President Harding 1006 Senate 700 Dawes, H. M.. to Be Named as Comptroller Campbell, Milo D., Former Member of Turks-France May Make Separate Treaty of the Currency 1367 Federal Reserve Board, Death of 1240 with Turks-Explains Her Policy in Delaney, Smith & Co., Philadelphia, Bank- Comptroller of the Currency Crissinger Notes to Allied Powers 471 rupt 886 Named as Governor of Federal Reserve United States Gets Interest on French In- Delaware Lackawanna & Western RR. (and Board 125, 250, 884 debtedness 460 Delaware & Hudson RR.) Lirt Embargoes_1243 Federal Advisory Council, Meeting of Wheat Saved by French-Government Des Moines Joint Stock Land Bank, Bond Of- with Federal Reserve Board, Question of Measures Reduce Grain Purchase 30.- fering 770 Inflation Discussed 776 000,000 Bushes 683 Detroit's Bank Deposits Point to Prosperity.. 122 Federal Reserve Governors in Semi-Annual Franco-Swiss Free* Zone District of Savoy, Dilts & Morgan, Inc., Kansas City, Mo., Conference with Federal Reserve Board_1368 Proposed Abolishment of 568 Failure of 250 Governorship, D. R. Crissinger Named for.. 125 Freight Movements on Railroads, Record- District of Columbia, Banks in. Under Juris- Institutions Authorized to Exercise Trust Breaking, Continues 1232, 1388 diction of Comptroller of the Currency 900 Powers 134, 251, 575 Freight (Railroad) Loading Heaviest on Rec- Dividends(Stock). Senate Resolution Regard- On Amendments to Federal Reserve Act ord 1116 ing Taxation of, Sec. Mellon in Reply to During 1922 888 Freight Rates, Transcontinental, on Western Resolution 368 Reply to Senate Resolution Asking for In- Roads, Readjustment of 1014 Dress Jobbers Signan Agreement With the formation as to Federal Reserve Interest Freight Traffic in November the Heaviest on Union in New York 664 Charges 572 Record 228 Dress and Waist Trades, Strike in Settled 560, 768 Rural Credits, Federal Reserve Board on- Fremont Joint Stock Land Bank,Bond Offering 133 Dutch East Indies, Bond Offering in London Capper and Lenroot-Anderson Bills 883 and Amsterdam 241, 673, 796, 999, 1237 Says 1922 Marks Close of Protracted Period asoline Output, Continued Heavy 356 Dutch Guilder Loan, Subscriptions for Being of Liquidation 228 Germans and Germany- Received by Zimmermann & Forshay 25 Senate Confirms Nomination of D. 11. Cris- Apponweiler, French Occupation of, Pro- Dutch (New) Silver Coin Put Out to Redeem singer as Governor of Federal Reserve tested by German Government 670 Sil er Notes 25 Board 1007 Belgian Labor Party Assails Ruhr Occupa- Warburg,Paul M., Urges Establishment by tion 48* ador, Government Control of Exchange in 261 Federal Reserve Board of Principles for Belgian Reparations Payment Met by E111ott, Howard, Descr bes Railroad System Guidance of Banks in Use of Rediscount Germany 671 as "Powerful Engine of Civilization" 135 Facilities 370 Berlin Newspapers Agree with Secretary Elting, Philip, Collector of Customs at Port of Federal Reserve System- Hughes-Say Speech Puts Europe on New York 576 Amendments in Behalf of Farmers, Elliott Restricted Probation 24 Employment in Selected Industries, January, 0. McDougal's Warning Against 679 British Plan for Settlement of Reparations February 875, 1355 Rural Credits Acts, Inquiry into Failure of Question 19 Erie RR. Signs New Agreement with Shop- State Institutions to Join Federal Ro- Cotton Sold at 4,595,625 Marks per Bale men's Union 136 serve System-Eugene Meyer's Com- at Bremen, Germany 671 Export Corporations Organized under Webb ments 1003 Comb, Chancellor, Declares Germany Is Export Trade Act 674 State Institutions Admitted to 134, 251 Determined Not To Yield to Coercion.... 130 Weekly Return of Member Banks of.. _15. Cuno, Chancellor, Says no Peace Negotia- Vert Finding Coal Commission-See Coal, 124. 233, 358, 460, 561, 664, 768, 877, tions Are In Progress with France 1000 Fallures and Suspensions- 998, 1118, 1234, 1360 Debt-Germany Figures to Thousandth of Kansas City, Mo.-Dilts & Morgan, Inc__ 250 Federal Trade Commission- Cent 130 Louisville, Ky.-Johnston & Co 134 Cotton Prices, Federal Trade Commission English Ports To Be Used by German New York- on Causes for Decline in 896 Liners 249 Geffen, Cecil 367 Cotton Situation, Resolution Passed by France Declares Object of German Non- Klumpp, William P 572 Senate Calling for Inquiry Into 575 War-Pact was to Obtain Evacuation of O'Brien, Samuel A 572 Curtis Publishing Co. 'Upheld by U. S. Ruhr 22 Philadelphia-Delaney, Smith & Co 88 Supreme Court Decision in Exclusive Franco-German Non-War Compact Re- Wilmington, Del.-Lackey, Frank D 1126 Agency Issue Against 253 Jected by France 21 Fall River, Demand for Wage Increase at-..-..1233 Finnish Debt to United States, Program for Franco-German Non-War Pact, Secretary Fall River Cotton Mills Reject Workers' De- Refunding of 1120 Hughes on Informal Inquiry of France mend for Wage Advance 357 First Carolinas Joint Stock Land Bank, Bond Relative to 24 Fall River Textile Workers Ask 15% Wage Offering 569 Government's 850.000,000 Gold Loan in Advance; to Await Result of Conference First Carolinas Joint Stock Land Bank, In- Form of Treasury Certificates 1231 on April 20 1117, 1356 crease in Capital 248 Government's Loan, Subscription of only Fall, Secretary of Interior, Retires 29 First Joint Stock Land Bank of Cheyenne. 512,500,000 to 1361 Farm Credits for Europe, Norbeck Bill Pro- Wyo. Bond Offering 27 Holland, German Specie in--Silver Sent viding 8250,000,000 358 First Joint Stock Land Bank of Dayton, Ohio. by Reichsbank 1128 Farm Credit Measures "Fundamentally Dan- Bond Offering 1239 Hughes' Secretary, Suggestion that Com- gerous and Unsound," as Termed by Rep- First Joint Stock Land Bank of Montgomery, mission of Financiers Work Out Repara- resentative A. P Andrew.. 1122 Ala., Bond Offering 769 tions Solution-Review of Arms Parley-22. 24 Farm Credits-See Rural Farm Credits and First Kansas-Oklahoma Joint Stock Land Krupps, Russian Soviet Ratifies Agricul- Agricultural Credits. Bank, Bond Offering 133 tural Concession to 240 Farm Credits-See also Capper Farm Credits. Food, Retail Cast of, in Leading Cities-De- Labor Appeals to U. S. Congress for Preser- Farm Loan Board-Regulations to Govern creases and Increases 1117 vation of Europe and World from "In- Operations of Intermediate Credit Banks._ 1366 Food. Retail Cost of, in Nineteen Cities from evitable Disaster" 4611 Farm Loan Board Reported as Urging Banks Dec. 15 to Jan. 15 663 Loan, French Government Warns Ameri- to Form Adjunct Loaning Corporations Food. Retail Prices of, Decrease in 768. 1232 cans Against German 1235 under State Laws 1367 Ford, Henry, Buys Coal Land in Kentucky- Loan from Tokio 468 Farmers, President Harding Hopes for Legis- To Use Coal Twice 1371 Mark Exchange in Rhineland. Panic in 469 lation in Aid of 248 Ford, Henry, Grants $4,000,000 Credit to Mellon, Secretary of Treasury, Opposed to Farmers'Purchasing Power Continues to Rise 1356 Soviet Russia 461 Bill Providing Billion-Dollar Food Credit Farmers' View of International Situation, Forests, Legislation for Conservation of, En- for Germany 460 Senator Capper on; International Economic dorsed by President Harding 681 Miners' Unions Appeal for Support 670 Conference Suggested 673 Forgan's, James B. Survey of 1922 14 Minister of Finance Denies Right of Rona- Farmers, What Is Expected of Congress in Foreign Bond Offerings- • rations Commission to Prevent Issuance Aid of 248 Chinese Government Loan Offering in of Loans by Germany 1235 Federal Land Bank Bonds and Joint Stock New York 1364 Moratorium, Rejection of, by Allied Repa- Land Bank Bonds. Distinction Between... 773 Japanese Bond Offering-819,900.000 Bonds rations Commission, Protested by Ger- Federal Land Bank Bonds, New Issue of 26 of the Oriental Development Co., Ltd--1363 many-Commission's Decision Stands 566 Federal Reserve Banks- France and French- Moscow Commisars Sign Agreement for Op- Amendments to Federal Reserve Act Dur- Bank of France Granted Long Time on eration by German Concern of Airplanes ing 1922, Feder,el Reserve Board on.. 888 Debt by Bank of England 1237 In Russia 565 Atlanta Federal Reserve Bank Establish- Bread,Price of, Is Raised in French Cities- Offenburg, French Occupation of, Pro- ment of 4 Si% Discount Rate for Nine Ruhr Invasion and Exchange Slump Is tested by German Government 670 Months Agricultural Paper Approved by Blamed 469 Reichsbank Fixes Price of 20-Mark Gold Federal Reserve Board 1368 Censorship over Ruhr News 469 Piece at 100,000 Paper Marks 671 Bill Amending Federal Reserve Act to Per- Cuno, Chancellor, Says No Peace Negotia- Reich.sbank in Coblenz, Run Causes Closing mit Completion of Branch Bank Build- tions Are in Progress with France-Is of 481 ings 572 Ready for Frank Discussion When Path Reparations- Boston Federal Reserve Banks, Increase Is Open 1000 Allied Premiers' Conference in London in Rediscount Rates 776 Export, Increase in 899 Terminated without Reaching Agree- Dallas Federal Reserve Bank, L. P. Tolley, Franco-German Non-War Compact. Rejec- ment on German Reparations 15 Chairman and Federal Reserve Agent of_1368 ted by France 21 Belgian Reparations Payment Met by Earnings, Expenses, &_ ,c. in 1922-Ac- Franco-German Non-War Compact, Secre- Germany 871 cumulation of Surplus Funds 887 tary Hughes on Informal Inquiry Rela- British Experts, Reply of to French Ob- Election of Directors 251 tive to 24 jections to British Plan for Settlement Franchise Taxes Paid in 1922 251 Franco-Swiss Free Zone District of Savoy, of 131 Mueller, Robert, Elected Director of Fed- Proposed Abolishment of 568 Commission Declares Germany in Default In eral Reserve Bank of Chicago 777 Francs, Fall of, Blamed on British Drive_ 469 Delay Granted on Payment of 237

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis JAN.-MAR., 1923.] INDEX VII

Page. Germans and Germany (Coneluded)— Page. Page. (Concluded)— Great Brita'n (Concluded)— Inter-State Commerce Commission (Concluded) Reparations Harding, Pres., Message to Determination of German Reparations Congress on Orders Priority for Coal Oars to Government is Funding of British Debt—Action Urged Fuel Yards Most Important Matter Bearing on on Ship Subsidy 258 Economic Progress, John 561 Railroads Asked for Report on Earnings in McHugh Harvey Ambassador, on U. S. Settlement Excess of 6% Says 247 of British Debt--No 1243 Guarantees Sought Reports to Senate that Embargo on Hard First Three Years of Reparations 241 from Great Britain in Case of Debts of French Plan for Solution of Coal to Canada is Unjustified 898 Reparations Other Allies 877 Southern Pacific Can Problem. Details of 21 Ireland. See Ireland. Extend Steamship Protest Against Rejection of Service to New England Ports, I.-S. C. Moratorium King George Discussing British Debt Settle- Commission Decides by Allied Reparations Commission-- _ 566 ment 688 Occupation— 666 Intermediate Credit Banks. Regulations to Ruhr Law, Boner, on Gold Deposits Govern British Attitude Toward Rehr as 15 Operation of 1366 Indl- Law, Boner, Prime Minister of Great Brit- Intermediate Form Credit Banks, cated by Boner Law Disappoints Get'- ain, Averse to Initiation Issuance of Discussion of Charters for 1366 mans 668 with U. S. on Ruhr 769 International British Labor Protests Occupation Chamber of Commerce Adopts of London Clearing House Figures for 1922.-- 899 Resolution Favoring World Ruhr by France 240 London "Times" on Economic Con- British Parliament Sec. Hughes's Sugg.es - ference 1360 Discussion over Ruhr tion—Reparations and Inter-Allied Debt 24 International Chamber of Question 667 MOSIll Commerce. Willis Development Territory Dispute Brought by the H. Booth Elected President of 1360 Growing Out of Ruhr In- British Before the Council of the League International Great vasion 360, Northern RR.—Present 467, 565, 668 of Nations 471 Position and Prospects Ebert, President, Denounces Ruhr In- Normal Conditions, Great Britain's Return 577 vasion in His International Ladies Garment Workers' Manifesto 130 to—Reduction in Government's Expen- Union, B. Schlesinger Resigns Foundries Order Ore from Sweden 1361 dlture as President French Censorship 899 of 356 Over Ruhr News_ _- _ 469 Press Comment on Lord Balfour's Reply to Investment, Art of, Book French Gendarmes, Ruhr Town on Principles of Fined Ambassador Harvey 999 Investment by Member of Staff of Brown $3,000 for Wounding of 670 Reparations Question, Reply of British French Labor Bros. & Co 1131 Party Protests Against Experts to French Objections to British Investment Bankers' Association Ruhr Measures of America 469 Plan for Settlement of 131 Campaign Against Fraudulent Securities_ _1243 French Press on Boner Law's Statements Rubber Growers' Assn. of London, Report Investment Regarding Ruhr Bankers Association of America 668 of Committee Representing 895 Seeks to Increase Value of Official De- Invasion and Occupation of, by France- - 128 Russian 011 Fields, Preliminary Agreement League of Nations positary 1139 Council Declines To for Exploitation of by British 568 Investment Bankers' Association to Hold Take Up Ruhr Issue 566 United States and British Debt Missions, Annual Convention Poincare, Premier, Denies Reports in Washington Next of Conference Between—Modification of October 216 Ruhr Annexation—Will Occupy Ruhr Debt Funding Act Favored Ireland, Until 125 England's Liabilities in 1120 Paid 469 Greater Prague, City of. Definitive Bonds of. Iron Ore Produced in Protests to U. S. Against Franco-Belgian 1922—Increase in Out- Ready for Delivery 877 put and Value in 1922 355 Occupation of Ruhr 130 Greece—Death of Ex-King Constantine 135 Italy and Italian— Russian Press Sees Signs of New War as Green Bill Designed to Stop Tax Evasions Commercial Trade Result of Ruhr Occupation Treaty Between Canada 130 Passed by House 473 and Italy, Signing of 240 Russian Soviet Workers Protest Occupa- Grlffen, Cecil, Suspended from N. Y. Stock Embassy Denies tion of Ruhr by Fe tnce Reports that Loan is 240 Exchange for Ten Days 367 Sourht in United States 26 Versailles Treaty, Minister Baron Von Gypsum Industries Assn., Decree Entered Mussolini, Rosenberg Says Premier. Decrees of, Effecting French Invasion of Against—Acts Prohibited by Sherman Law Reforms in Diplomatic Service Ruhr is Violation of 130 Defined 587 "Rye Bonds" 138 Mussolini's, Premier, Economic Reforms— Quoted in Germany—Still Gypsum Industries Case. Text of the Consent New Taxation Seeks New Basis of Values Measures to Encourage 568 -Decree in 139 Foreign Capital 567 Steel Orders for Germany, Less of, Caused Gypsum Industries Decree, Samuel 'by Occupation linter- of Ruhr by France 240 myer's Views on 140 apanese Bond Treasury Certificates Offered In Offering—$19,900,000 Bonds U. S.-..1235 J of the Oriental Development Co., Ltd.. _ _1363 Warburg, Max, States Germany's Position T_Taiti Proposes to Redeem Gold Bonds in Incident to Now Treliury Johnston & Co. (Lotaiville, Ky.), Falure of— 134 Bond Issue ._ _1236 1-1 Paper 1000 Join, Stock Land Bank— Gingham Prices Higher, Amoskeag Company Harding, President— Makes Advances on Some Distinction Between Bonds of Joint Stock of Its Offerings__ 876 British Debt Funding Bill Signed by Presi- Laud Banks and Federal Glass Workers Get Increase in Wages 124 dent Harding Land Banks.... 773 Goethals Major-General, 877 First Carolinas Joint Stock Land Bank, Succeeds StateFuel British Views of Pres. Harding's Proposal Increase in Capital Administrator Membership 248 257 for U. S. in World Court— - 891 New York & New Jersey Joint Stock Land Gold Coins Again Being Minted in Russia— - 569 Budget Plan, President on Reduction Gold, Comptroller of the in Bank of Newark, N.J., Organization of 27,364 Currency on the Government Operations Incident to...- 472 Ohio-Pennsylvania Joint Stock Necessity of Exporting 674 Bursum Pension Bill Vetoed Land Bank, Gold and 29 Organization of 248 Silver Industry, Proposed Inquiry Cabinet—Changes in President's Cabinet 29, 892 Pennsyivania-Maryland by Senate Commission into 1122 Distribution, Joint Stock Land Coal Some Difficulties in, Bank, Issuance of Charter for 248 Government. the Limitations of 899 Attributed by Pres. Harding Great Britain— to Shop- Joint Stock Land Bank Offerings— men's Strike 1013 Agricultural Joint Stock Land Bank of Austrian Loan Offering in Great Britain Farmers, Pres. Harding Hopes for Under League of Nations Legisla- Charleston, W. Va 26 Plan,Success of 1237 tion at Present Congress in Aid of 248 Atlantic Joint Stock Bank of France Granted Long Time Felicitations Land Bank 1002 on to Jules Jusserand upon Lat- Bankers Joint Stock Land Bank of Mil- Debt by Bank of England 1237 ter's Twentieth Anniversary Baldwin, Chancellor, on as Am- waukee 133, 1364 British Debt Pay- bassador 680 Burlington (Iowa) Join. ment Forests, Legislation Stock Land Bank- 472 877 for Conservation of, Central Iowa Joint Stock Land Bank 880 Bank of England Authorized to Increase Endorsed by President Harding Fiduciary Note Issue 681 Chicago Joint Soock Land Bank 132. 880 671 Lincoln. President, in Praising Him, Says, Des Moines Balfour, Lord, in Answer to Ambassador Joint Stock Land Bank 770 "Call of World is for Preservation" 680 First Carolinas Joint Stock Land Bank_ _ _ 569 Harvey ,Regarding Guarantees Said to Message to Congress on Funding Have Been Sought by of British First Joint Stock Land Bank of Cheyenne, U. S. from Great Debt—Action Urged on Ship Subsidy.— 561 Wyo Britain as to Debts of Other Allies 998 Message to Senate 27 Balfour's, Urging IT. S. to Join Firs. Joint Stock Land Bank of Dayton, 0_1238 Lord, Reply to Ambissador Har- Court of International Justice vey, British Press Comment of League First Joint Stock Land Bank of Montgom- on 999 or Nations—Reservations Proposed by ery. Ala Balfour's, Lord, Statement Concerning Secretary Hughes 769 Allied Debt Guarantees 889 First Kansas-Oklahoma Joint Stock Land Sought by U. S., National Garden Week Endorsed by Presi- Bank Refuted by Former Secretary McAdoo_ _1119 Harding 133 British Debt, dent 882 Fremont Joint Stock Land Bank 133 Ambassador Harvey on U. S. Recommendation to Have U. S. Join Settlement of World Kansas City Joint Stock Land Bank 1001 British Debt 877 Court. Senate Withholds Approval of— Liberty Central Joint Stock Land Bank 248 Funding Agreement, Amounts Reply of Pres. Harding to Louisville of Principal and Interest to be Resolution Joint Stock Land Bank 1001 Paid U. S.. 666 Calling for Information 1010 Midwest Joint Stock Land Bank 'British Debt Funding Bill, House Concurs Sugar Price Investigation 363 in Senate Amendments to Ordered by Presi- Mississippi Joint Stock Land Bank 247 British Debt 769 dent Harding 1368 New York & Pennsylvania Joint Stock Funding Bill Passed by H01180 U. S. Troops Ordered Home of Representatives i from Rhine by Land Banks 569 British 562 President Harding 131 North Carolina Joint Stock Debt Funding Bill Passed by U. Land Bank 1237 Senate S. Vacation in Florida—Burden of Duties Felt 1009 Oregon-Washington Joint Stock Land Bank1237 665 World Court is One of Greatest Advances Pacific Coast British Debt Funding Bill Signed by Joint Stock Land Bank 879 Prost- . World Society Has Made, President St. Louis Joint Stock Land Bank 132 dent Harding 877 Harding Says British Debt Issue, Senator 1011 San Antonio Joint Stock Land Bank 1002 McKellar Pre- Harding, W. P. G., Assumes Office as Gov- Southern Minnesota Joint seats U. S. Side in 237 ernor Stock Land British Debt of Boston Federal Reserve Bank 250 Bank (Redwood Falls, Minn.) 26 Missions and U. S., Con- Hartford Clearing House Assn. ference Between, Return to Europe. Proposes Ser- Tennessee Joint Stock Land Bank 247 ..235, 359 vice Charge for Small Checking Accounts 677 Union Joint Stock Land Bank of Louisville British Debt Payments, Plan to Link with Harvey, Col., Elucidates -1001 Bonus, Secretary MelonFights Remark that Washington Joint Stock Land Bank 472 Plan-. - 463 America is Well Out of European Mess_ __ Josephthal & Co. British Debt Settlement, Discussion of, by - 879 (N. Y.), Court Declines to King George England Harvey Fisk & Sons Acquiring Control of Appoint Receiver for 134 of 666 Metropolitan Finance Corp British Drive Puts Down Francs is 886 Jusserand, Jule.. Receives President Hard- Charged 469 Hat Industry-1923 Expected to be an ing's Felicitations upon His Twentieth British House, Laborite Members of, Ap- Active Year an- peal to Pres. Harding for in 1356 niversary as Ambassador 680 European Co- Haywood, Attorney, Attack on—Haywood's operation 769 British Labor— Reply 140 ansas City Joint Stock Land Bank, Bond Hecht R. S., of Hibernia Bank Demands Calling Parliament at & Trust Co., K Offering 1001 Once Views of Kent, F. on Owing to Serious State of Europe 469 122 I.. Co-operative Marke.ing as Protests Hog Island Cargo Ships, Status of 898 Aid to Farmer 388 French Occupation of Ruhr.... 240 Holland. German Specie British Parliament Discussing Ruhr Ques- in—Silver Sent by Kent, F. I., Proposals for Reparations tion Reichsbank 1120 Settiement for Europeans with American 667 Houston, Fible & Co. (Kansas British Plan for Settlement of Reparations City), Liqui- Financial Co-operation 1236 dation of Klumpp, Wiillam Question 19 678, 1005 P., Suspended from New British Hughes, Secretary. See United States. York Curb Market 572 Rubber Export Restrictions, Rubber Hungary to Pay Austria Assn., of America Recommends 3.000,000 Franca Krech's, Alvin W. Proposals for Stabilizing Re- Burgenland Reparation Currencies f 894 1237 at Gold Parity 246, 672 Britishmovalo Rubber Export Restrictions. Win- ston Churchill Income Tax— T abet Matters— in Defense of 1136 A Bill to Stop Tax Evasions British Rubber Export Tax—Washington through Exchange S-iAmalgamated Clothing Workers to Es- of Securities, New Enacted 1131 tablish Bank in Conference Resolves to Seek Repeal of Claims for New York 561 Restrictions Refunds on 1917 Returns Must Fall River Cotton Mills Reject Workers' 892 Be Filed by March 1923 689, Demand for British Views of Pres. Harding's Proposal Corporation 777 Wage Increase—Demand for U. S. Membership in Tax Returns, Time for Filing Increase—Await Results of Conference. World Court— - 891 Extended to June 15 Chinese Indemnity, Britain Remits Dal- 688 357. 1117. 1233, 1356 Green Bill Designed to Stop Tax Evasions Waist & ance of 568 Enacted Dress Trades Strike for Week Colonies Bel/10'11 British Loans 1120 New 473. 1006 Work—Strike Set'led 560, 768 Curzon's, Lord, tatement York Chamber of Commerce in Oppo- Waist & Dreg.; Industry, Mcssessohn Outlining the Bitten to Proposed M. Events up to the Collapse of the Lau- Ban against Tax- Made Dictator of 876 sauna Conference Exempt Securities—Secretary Mellon in Lackey, F. D., Expelled from 563 Answer to Report of New York Debt Funding Agreement, Great Britain Resolution 474, 475 Stock Exchange 1126 First Payment to to Restrict Tax-Exempt Issues La Follette Committee Charges Domination Makes U. S. Under..-1120 —Passed by House Debt Funding Proposals of U. S. Accepted 374 of Oil Industry by Standard Oh Companies Britain Revenue Act of 1921, Bill Amending, in —W.0. Teagle by Great 461 Re.pect to Refund- Further Answering Senator Debt of Great Britain and Other Allies--. 463 Stock 1132 La Follette 1136 Dividends, Secretary Mellon in Reply La Follette Report England's Liabilities in Ireland 1120 to Senate Resolution on 011 Industry, W. C. Exporters to Send Deputation to Montreal Regarding Taxation Teagle, A. C. Bedford and Others in of 368 to Seek Revision of Canadian Bank Act_ - 677 Victory Notes for Taxes, Reply to 1012 French Note on Gold Advanced to Great Instructions as to Lamborn & Co., Dissolution of—New Firms Acceptance of Uncalled, Payable Britain and Deposited in the U. 13 127 —Income Mar. 15 Organized 1127 English Porte and Profits Taxes 689 Lausanne Peace Conference— German Liners to use 240 Inter-State Commerce Commission— Germans Disappointed by British Attitude Approves Allies Reject Turk's Demand for With- Control of Central Pacific Railway drawal of Ships from Smyrna Toward Ruhr as Indicated by Boner Law 668 by Southern Pacific Co Harbor_564, 671 Gold Currency Issue Not Being Placed by 685 American Delegation at Lausanne, State- Interchangeable Mileage Books, Date of ment Great Britain 1120 Sale Postponed of, Calling for Most Favored Treat- 1139 ment in Turkey 251

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis INDEX [VOL. 116—PART 1.

Page. Page. Pao. e Peace Conference (Cowiteel)— Near East Conference Collapse, Ismet Postal Receipts in Fifty Selected Cities_ —120,996 'a Lord. Statement Outlining the Pasha's Statement on—Tchitcherin's Views 563 Postal Savings Deposits During December, •nts up to the Collapse of Lausanne Near East Conference. For Further Refer- Course of 230 ference 563 ences See Lausanne Peace Conference. Postal Savings Deposits During January, Is Near as Allied Draft Treaty is Nebraska Deposit Guaranty Fund, Bill Pro- Decline in 662 esented to Turks 470 posing Commission of Bankers inInterest of 572 Post Cards and Stamps, Orders for, Reflect lure of Lausanne Conference 563 Netherlands East Indies, Prosperity and Trade Activity 459 met Pasha, Says Lausanne Conference Progress of 567 Prague Bonds, Service on, Covered Seven Is Not Over 671 New England Cotton and Woolen Mills, Times 1120 Russia Says She Will Refuse to Sign Straits Wage Increases in 1358 Production Maintained at High Levels 1232 Conven ion at Lausanne Conference 472 New Hampshire Acts on 48-Hour-Week Puelicher. J. H., on Plans of American Bank- Law, Bonar. See Great Britain. Bill for Women and Minors in ers' Association in Interest of Farming and Lead and Zinc in 1922—Good Gain in Lead Industry,6641234 Banking 249 and Large Gain in Zinc 123 New Jersey Act Exempting New Property Purchasing Power of Farmers Continues to League of Nations Council Declines to Take from Taxation Declared UnconstitutIonal_1209 Rise 1356 up Ruhr Issue 566 New Orleans Cotton Exchange Calls a Con- League of Nations Reception of President ference on the Cotton Trade 777 ailroads— Harding's Proposal to Join World Court 891 Newsprint Paper Review for December and RBrotherhood Investment Co. Preferred Lee, William G.. Head of Trainmen's Brother- the Year 1922 354 Stock Offering of. Controlled by the hood, Resigns 481 New York City's Silver Jubilee, Bond Issue Brotherhood of Locomotive Engineers.._1887 Lehigh Valley RR. Lifts Freight Embargo_ 1138 for, Enjoined—Mayor Defiant 1372 Brotherhood of Railway Trainmen, William Lehigh Valley RR. Proposed Amended Plan New York Clearing House Assn. Announces G. Lee, Head of, Resigns 481 of Dissolution Filed with U. S. District Increased Maximum Interest Rates Inci- Business Will be Halted Unless Transporta- Court 576 dent to Higher Federal Reserve Discount tion Lines Keep Pace with it, A. J. Lenroot-Anderson Farm Creiits Bill Passed Rates 885 County Says 259 by Senate 569 New York Curb Market— Car (Freight) Equipment, Pooling of, In- Lenroot-Anderson Rural Credits Measures Association Nominates Candidates for vites Government Ownership of the Rail- Favored by Sec. of Agriculture Wallace_ 881 Election Feb. 13 367 roads, Says Donald D. Conn 376 Lenroot Farm Credits Bill Found "Unsound Bars Loading of Internal Issues of Ger- Car Loadings, as Reported by Car Service and Dangerous" by Sec. Mellon—Capper many,Austria and Russia 461 Division of the American Railway Bill Approved 770 Curtis, J. W., Chosen President of 678 Association 559, 996 Liberty Central Joint Stock Land Bank, Members Honor Retiring President 572 Car Shortage, S. D. Warfield of Railroad767' Bond Offering 248 Suspends Two Brokers 572 Security Owners' Ass'n Urges a Central Live Stock Loan Inspectors, Plans for Licens- New York, Gov. Smith Urges Exemption of Clearing House Agency as a Remedy for_ 137 ing of, in Accordance with Agricultural Tax-Exempt Housing Legislation—Argu- Coal Cars for Government Yards Got Credits Act Under Way 1367 ment Begun on Anneal 1371 Preference 258 Lockwood Housing Bills— New York Law Exempting New Buildings Credit (Railroad), James Speyer on Im- City Club of New York on 1007 from Taxes, Declared Invalid, 1242; Ap- portance of 29 District Attorney on Attitude of New peal Taken and Decision Reversed. S3C Delaware Lackawanna dr Western RR. and York Stock Exchange 1008 April 7 issue 1489 Delaware & Hudson RR. Lift Em- Opposed in Brief of N. Y. Stock Exchange_1007 New York Legislature Adopts Resolution bargoes 1243 Passed by N. Y. Senate, Also Blue Sky Urging Congress to Modly Volstead Pro- Earnings in Excess of6%. Inter -State Com- Bill. &c_1123; Rejected by Assembly_ _ _1240 hibition Law—Gov. Smith Fails to Sign It.. 892 merce Commission Asks Railroads for Locomotive Output for December very Large_ 228 New York dc New Jersey Joint Stack Land Report on 1243 Locomotive Shipments Decline. Orders In- Bank of Newark, N. J., Organization Elliott, Howard, Describes Railroad Sys- crease 1117 of 27,384 tern as "Powerful Engine of Civilization" 135 Louisville Joint Stock Land Bank. Bond New York & Pennsylvania Joint Stock Land Equipment (Railroad), Large Additions to. Offering 1001 Bank, Band Offering 569 376. 996 Louisville & Nashville RR., A Study of the New York Chamber of Commerce Opposes Embargo on Hard Coal to Canada is Position of, by Brown Bros. & Co 685 Proposed Ban Against Tax-Exempt Secur's 474 Unjustified 898 Louisiana—Development of Banking During New York Stock Exchange— Erie Railroad Signs New Agreement with 1922 571 Amendment to Constitution Affecting Shopmen's Union 136 Lumber, Production for Last Eight Months Liberty Bond Trading 1126 Freight, Loading of, Heaviest on Record_ _1116 of 1922 Shows Largest Maintained Volume_ 662 Amendment to Constitution, Broadening Freight Movements on Railroads, Record- Powers of Quotations Committee 367 Breaking 1232, 1356 itManly, Basil M., Alleges that Increase in Amendment to Constitution Under Which Freight Rates, Transcontinental, on West- DI Sugar Prices were Discussed in Cuba- Commission Law Is Not to Apply in Cer- ern Roads, Readjustment of 1014 0. E. Mitchell and Other Bankers in tain Transactions Contracted for Off Interchangeable Mileage Books, Date of Answer to Charges 1370 the Floor 1126 Sale Postponed 1139 McDougal's, Elliott C., Warning Against Best Downtown Building Erected in 1922 Inter-State Commerce Commission Ap- Amendments to Federal Reserve System, Awarded to N. Y. Stock Exchange 1126 proves Control of Central Pacific By. Especially in Behalf of Farmers 679 Bills for Regulation of Exchanges Passed by Southern Pacific Co.—Union Pacific McHugh, john, Says Determination of Ger- by Senate, Killed by N. Y. Assembly, Assured Good Through Service—Settle- man Reparat ions Is Most Important Matter 1123, 1240 ment Agreeable to all Parties 685 Be &ring on Economic Progress 247 Cannon. Henry B. (New York). Granted119 Labor Board, Railroad Wages and Strikes— McKenna, Reginald, on Restrictive Influence Extension of Time 776 Central New Jersey is Trying to Break up of Deflation 900 Communication to Members Regarding Labor Unions, Union Officials McNary, J. G. Nomination as Comptroller of Puts and Calls 885 137, 481, nas the Currency Unconfirmed by Senate— District Attorney Banton on Attitude of Eastern Railroads Consider Wage De- Rejects Recess Appointment by President_1005 N. Y. Stock Exchange Toward Lock- mands 481 Meat Consumption in United States In- wood Bills 1008 Erie RR. Signs New Agreement with creased in 1922—Consumption Highest Lackey, F. D., Expelled from Exchange.--1126 Shopmen's Union 136 Since 1911 897 Lockwood Bill for'Regulation of Exchanges International Ladles' Garment Workers' Meat Prices, Wholesale, Close to 1913 Levels.. 123 Passed by N. Y. Senate—Brief of N. Y. Union, B. Schlesinger, Pres., Resigns. 356 Mellon, Secretary of Treasury— Stock Exchange in Opposition— -1007, 1123 Northern Pacific RR., Shopmen's Strike Answer to N. Y. Chamber of Commerce Piigly Wiggly Class "A" Common Stock Ended 576 Opposing Ban on Tax-Exempt Securities_ 475 Stricken from List—Review of Develop- Northwestern Pacific RR., Shopmen's Fights Plan to Link British Debt Payment ments Resulting in Its Removal from Strike Called•Off 1372 with Bonus 463 List 1238. 1365 Orders Return to Hourly Basis of Pay on Lenroot Farm Credits Bill "Unsound and Resolution Against Dealings with Bucket N. Y. Central—Pres. Smith's State- Dangerous." Sec. Mellon Claims—Cap- Shops 885 ment 1243 per Bill Approved 770 Specialists, Stock Exchange Strengthens. Rail Clerks Awarded Wage Increases Opposed to Bill Providing for Billion Dollar Resolution Governing Operations of- -- - 678 and 8-Hour Day 898 Food Credit for Germany 460 Tickers in N. Y. Stock Exchange Improved 885 Signalmen Granted 8-Hour Day 481 Reply to Senate Resolution Regarding Tax- Trading by Specialists, Finding of Special Telegraphers Denied Petition for Re- ation of Stock Dividends 368 Committee on 134 hearing on Wage Reduction—Denied Metropolitan Finance Corp., Harvey Fisk & Whitney, H. F.. Resignation of, as Member Injunction Against Pennsylvania RR., Sons AcquLdng Control of 886 of Governing Committee of New York 481, 1138 Meyer, Eugene, Jr., Favors Capper Bill— Stock Exchange 776 Wage Reductions, Applications for Hear- Amendments Suggested 571 Niagara Falls (N. Y.) Clearing House Asso- ing on. Withdrawn by Many Railroads 135 Midwest Joint Stock Land Bank Bond Offer- ciation, Organization of 1127 Wage Revision of Train. Yard and ing 363 North Carolina Joint Stock Land Bank, Bond Engine Service Employees 577 Milk Prices Reduced 356, 459. 876 Offering 1237 Workers on Two Roads Vote to Continue Minnesota Legitature, Resolution Opposing Northern Pacific RR., Shopmen's Strike Strike 482 Branches of National Banks 676 Ended 576 Legislation Adversely Affecting Railroads, Mississippi Joint Stock Land Bank, Bond Northwestern Pacific RR., Shopmen Call Off J. Speyer Urges Co-operation with Pres. Offering 047 Strike 1372 Rea .Against 1013 Missouri Supreme Court Holds National Railroads New Lehigh Valley and Jersey Central Bank Branches in Violation of Federal and Samuel A., Suspended from Lift Freight Embargoes 1138 State Laws—First National Bank of St. 'VO'Brien' York Curb Market 572 Lehigh Valley RR.Proposed Amended Plan Louis to Seek Opinion of U. S. Supreme Ohio-Pennsylvania Joint Stock Land Bank, of Dissolution Filed with U. B. District Court 1006, 1128 Organization of 248 Court 576 Mitchell, C. E. and Other Bankers in Oil Industry, W. C. Teagle, A. C. Bedford Railroad Guaranty Fallacy Exposed by Answer to Basil M. Manly's Charges that and Others in Reply to La Follette on— Southern Domina- Wm. Sproule, President of Increased Sugar Prices were Discussed in La Follette Committee Charges Pacific Co 688 Cuba 1370 tion of 011 Industry 1012, 1136 Association, S. Bank, Railroad Owners Security Mitchell, John J., Views of 121 Oregon-Washington Joint Stock Land Davies Warfield of, Urges a Central Mendell, Frank W.. Nominated as Director Bond Offering 1237 Clearing House Agency as a Remedy for of War Finance Corp 884. 1005 Bank, Bond Car Shortage 137 Montfort, Barret, on Credit Situation 567 Coast Joint Stock Land Railroad Tonnage, a New High Record for. 353 John, Review of 1922 and Forecast PA Offering 879 1242 Railway Executives, Ass'n of, Executive Moody's.for 1923 14 Packer Merger Hearing Postponed Committee to Take Up Broad Study of Morgan, J. P.. & Co., Advices Regarding Pan-American Conference, Secretary Hughes 687 Accepts to—Mexico Declines Transit Situation Cuban Finances 1361 Invitation Southern Pacific Co. Wm. Sproule, Pres. Morgan, J. & Co., Successful Bidder for Participation 479 Paper, 1922, 354 of. Exposes RR. Guaranty Fallacy 688 Cuban Loan 125 Newsprint, Review of -Time Operation of Railroads Causes Motor Prices, the 1923 Trend of—Necessity Paraguayan Currency (New) In Circulation_ 261 War Profit Margin Pennsylvania-Maryland Joint Stock Land Loss of $1,800,000,000 to Government 687 of Increased 232 Raisin Growers to Reorganize to Meet Con- Mosessohn, M., Made Dictator of Waist In- Bank, Issuance of Charter for 248 1367 dustry 876 Peru, Senator Poindexter to be Ambassador. ditions of Co-operative Marketing Act- 1014 Rawson, F. H.. of Chicago Finds Underlying Mueller, Robert, Elected Director of Federal to Promising 14 Reserve Bank of Chicago 777 Petroleum, La Follette Charges Domination Conditions Municipal Bonds. Committee of Bond Holding of 011 Industry by Standard Oil Co__1012, 1136 Reading Company's Second Modified Segre- Interests to Study Measures for Increasing Philippine Legislature Fails to Pass Bill to gation Plan Filed with U. S. District Court- 479 Soundness of 1139 Encourage Rubber Growers 895 Reparations Commission—See Allied Repara- Mussolini. Premier. See Italy. Piggly Wiggly Class "A" Common Stock tions Commission, Stricken from List 1238, 1365 Retail Food Prices 663, 768. 1117, 1232 "Build Co-op- Reynolds, George M., and John Mitchell, Motional Bank Branches in Violation of Fed- Plunkett, Sir Horace, Says 121 LI and State Laws, Missouri Supreme erative Organizations from Bottom Up"-- 365 Views of Ambassador to Rhine Army, President Harding Orders Re- Court Decides 1006, 1128 Poindexter, Senator, to be 131 National Bank Reports Limited to Three a Peru 1014 turn of Troops 671 Rhode Island Lower House Adopts 48-Hour1117 Year by Bill Signed by President Harding— Poland, French Loan to 1117 Text of Bill 262 Poland Places Order for Belgian Locomotives.. 241 Bill Bill Providing for Taxation Porto Rico, Representative Towner Succeeds Rubber Ass'n of America, Inc., Recommends National Banks, Export Re- of. by States Passed by Congress 367, E. Mont Belly, Resigned, as Governor of_ _1014 Removal of British Rubber 1008. 1127 Portuguese Economic Reforms to Stabilize strictions 894 Exchange, &c 568 Rubber Ass'n of Am. Inc., to Aid Dept. of gational Banks, Increase in Resources of, Inquiry—Appropria- Nearly 22 Billions 900 President, Inaugural of, and Assembling of Commerce in Rubber ational Banks, Resolution of Minnesota Congress, Proposed Change in Date of.. — 680 tion by Congress for Investigation 1135 Legislature Opposing Branches of 676 Prohibition Act, Bill of Assemblyman F. Rubber Growers' Ass'n of London, Report of gational Garden Week Endorsed by President Trubee Davison to Prevent Double Prose- Committee Representing 895, 1134 253 Ruhr—See Germany. Harding 682 cution for Violation of Failure of igational Industrial Conference Board Re- Postal Receipts Break All Records 560 Rural Credits Acts, Inquiry Into and Postal Industrial Cities, State Institutions to Join Federal Reserve ports Increased Industrial Activity Receipts in Fifty 1003 Increased Wages 12 Increase In 230, 662. 1118 System

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis JAN.-MAR., 1923.] INDEX lx

Rural Credits Enacted Page. Page- Bill Into Law Plagi Tierney. Justice,'Holds Law of 1920 Exempt- , United States (Concluded)— Rural Credits Legislation in Congress, Discus- ing from Taxes New sion of Gives Inflationists Buildings in New York Germany Protests to United States Against an Opportunity Invalid, 1242; is reversed on appeal—see Franco-Belglan Occupation of Ruhr... 13% to Present Their Views 570, 1121, 1122 April 7 Rural Credits—See issue. page 1489. Gold, Comptroller CrissInger In Annual also Agricultural Credits Towner, Rep., Succeeds E. Mont Rally, Re- Report on Necessity of Exporting—Other. and Farm Credits. signed, as Governor Russia and Russian— of Porto Rico 1014 Features of Report 574f Trade. the State of, 119. 226, 352, Government not Sell Surplus Agricultural Concession to Krupps Ratified 456, 558. to Arms to by Soviet 583. 766. 872. 995. 1115. 1231. 1358 Foreign Countries 258 240 'Fri-State Tobacco Jobbers' Conference Great Britain Makes First Payment to Bonds, 5l4 %, Committee Formed to Pro- Charged with tect Holders Fixing Prices 1371 U. S. Under Debt Funding Agreement1120. of 359 Trinkle, Gov., of Virginia, in Opposition to Harding, President. See Harding. Ford, Henry, Grants $4,000,000 Credit to Proposal to Do Soviet Russia Away With Issues of Tax- Harvey, Ambassador. on U. S. Settlement 461 Exempt Securities, State and National 476 of British Debt—No Guarantees Sought Gold Coins Again Being Minted in Russia 569 Trust Companies, Hughes. Gov. Saxer of N. J. Vetoes from Great Britain in Case of Debts of Secretary, Asked by Soviet to Bar Bill for Merger of Allies Fugitives 1240 Other 877- 569 Turkey—A Ili 41111114_4 Hughes, Secretary, Accepts Invitation to Hughes, Secretary, Says Soviet Russia Must Allied Draft Treaty Is Abandon Present Presented to Turks; Pan-American Conference, Mexico De- Policy Before There Differences Between France and Great clines Participation 478 Can Be International Intercourse 1241 Britain Liquors, Russian 470 Hughes, Secretary, Asked by Russian Council Decides to Permit Allied Draft Treaty. _Provisions of, Pre-- Soviet to Bar Fugitives Manufacture of 569 sented by the Allied Moscow Commissars Powers to Turkey Hughes. Secretary, French View on Sug- Sign Agreement for at Lausanne gestions 23, Operation by German Concern of Air- 471 of planes Allied Powers Again Reject Turks' Demand Hughes, Secretary, on Informal Inquiry of in Russia 568 for Withdrawal of Snips Franco-German Near East Conference from Smyrna France Relative to Non- Accepts Russia's Of- Harbor:Ismet Pasha Says Lausanne Con- War Pact 24, fer of Free Land for Armenian Refugees 564 ference Is Over New Money Not 671 Hughes, Secretary, Says Soviet Russia Plan 671 Allies, Changes in Turkish Treaty Presented Must Abandon Present Policy before 011 Fields. Preliminary Agreement for Ex- at Lausanne Asked ploitation of by Turks in Reply to-1133 there can be International Intercourse_ _124I! by British 568 Allies Reject Turkish Demand That War- Hughes, Secretary, Suggests that Com- Rubles Distributed by Fidelity Trust Co. ships Leave Smyrna Harbor of Philadelphia Fallacy of 564 mission of Financiers Work Out Repara- to Depict France May Make Separate Treaty With tions Solution—Review of Arms Parley_22, 24 Wholesale Printing of Notes 672 Turks if Lausanne Ruhr Occupation Work- Conference Fails ;Ex- Hughes'. Secretary, Suggestions. London Protested by Soviet plains Her Policy in Notes to Allied 'Times" on—Reparations and Inter- ers 240 Powers Ruhr Occupation France, Russian Press 471 Allied Debt 24 by Ismet Pasha's Statement on Near East Con- Hughes', secretary, Terms. French not Sees Signs of a new War as Result of- - 130 ference Collapse: Tchitcherin's Sinclair Oil Contract Signed by Soviet 568 Views 563 Averse to 890 Mosul Territory Dispute Brought by Brit- Labor, Dept. of, Monthly Review of, for Soviet Leaders Decided Against Russia's ish Before toe Council of the League of January 1923—Labor Efficiency in Saw Participation in Any Near East or Nations European War 564 471 Mills 663 Turkish National Assembly Rejects Allied Law, Bonar, Prime Minister of Great Soviet Navy, Russian Workers Pledge Aid Draft Treaty to 569 1012 Britain, Averse to Initiation of Dis- United States—Prospects of a Separate cussion with United States on Ruhr 769, Straits Convention at Lausanne Confer- Treaty Between U. S. and ence, Russia Says She Will Refuse to Turkey--564. 1012 President's Cabinet, Changes in 892' Sign 472 nion Railroads, War-Time Operation of Causes Joint Stock Land Bank of Louisville, Loss of $1,800,000,000 to Government_ - 687 U Bond Offering Recommend- Qt. Louis Joint Stock Land Bank Bond Of- United Mine Woriceis 1001 Senate Action This Session on fering Would Have Govern- ation That U. S. Join World Court 892. 132 ment Acquire Coal Industry—Unions Salvation Army Campaign, T. J. Smith of for Plan Senate Commission, Proposed Inquiry by. Nationalization 258 into Gold and Silver Industry Central Union Trust Co., N. Y., Chair- United States Steel Corp., man of Banking Division of 1367 Foreign Holdings of 252 Senate Passes British Debt Funding Bill_ —1665-122: Untermyer's. Samuel, Comment on Justice Approval of Pres. Hard- San Antonio Joint Stock Land Bank Bond Tierney's Decision Senate Withholds Offering 1002 Utah 1242 ing's Recommendation to Have U. B. Mines, Wage Advances in President to Sanford, R T. Nomination to U. S. Su- United State8— 1234 Join World Court; Reply of preme Court Confirmed by Senate; Swear- Acts Resolution Calling for Information 1010 of Congress. See Congress. Senator Smoot's Bill to Provide Payment ing in of Pierce Butler 680 Allied Debts, Balfour Note Saw Mills, Labor Efficiency In 663 on—Retraction for Transportation of Silver Dollars Asked ' Supreme Court, First of 26L Schlesinger, Benjamin. Resigns as President Balfour, Lord, in 879 Nat. Bank St- of International Ladies' Garment Workers' Answer to Ambassador Louis to Seek Opinion of Regarding Nat Harvey Regarding Guarantees Said Bank Branches Violation Union 356 Have Been Sougut to to Be in of Fed- Signalmen Granted 8-Hour Day by RR.Labor by U. S. from Great eral and State Laws Supreme112E Britain as to Dents of Other Allies Supreme Board 481 Balfour's Lord, 998 Court—Nominations to Silk Industry, First Conference Held in Pater- Statement Concerning Court Confirmed by Senate 680 Allied Debt Guarantees Refuted by Treasury. Secretary Mellon. son on Conditions in 356 Former Secretary of—See Under Sllzer, Governor of New Jersey, Vetoes Bill McAdoo 1119 Troops Ordered Home From Rhine bit British Debt Funding Agreement, for Merger of Trust Compnaies 1240 of Principal Amounts Pres. Harding; Sec. Hughes Says France Silver—Monetary System Resolution Calling and Interest to be Paid U. S. Knew Attitude of U. S.on Forcible Meas- for Commission —Senator McKellar's Statement ures for Reparations 132 Appointment of Silver British Debt Funding 666 With View to Resumption of 30 Bill, House Concurs Turkey—Prospect of a Separate Treaty Be-- in Senate Amendments to tween Sinclair 011 Contract Signed by Russian Soviet 568 British 769 U. S. and Turkey Smith, Governor, Urges Extension of Tax- Debt Funding Bill Passed by U. S. Treasury— Senate Exempt Housing Legislation; Argument British 665 Certificates of Indebtedness, Offering of Begun on Appeal 1371 Debt Funding, for Further ger- Two Series of ences, see Great Britain, Certificates Oversub- Southern Mill Workers Framing Wage De- British of Indebtedness mands 1359 Debt Issue, Senator McKellar scribed. Books Closed Presents U. S. Side in Subscrip- Southern Minnesota Joint- Stock Land Bank British 237 Certificates of Indebtedness, (Redwood Falls, Minn.) Bond Offering_ __ _ 26 Debt Mission and U. S., Conference tions to 251, 1372442 Southern Pacific Can Extend Steamship Ser- Between Suspended—Return to Europe Notes, Allotments of vice to New England Ports, I.-S 0 Com- 235, 359 Notes. New Offering of 134 British Debt Payment. Chancellor Victory mission Decides 688 on Baldwin Notes— Southern Pacific Co.. I -S.C. Commission Ap- 877 Instructions as to Acceptance of 44(% proves Control of Central Pacific Ry. by... 685 British Debt Payments, Plan to Link Uncalled Victory Notes for Taxes 689 Bonus, Secretary with Spens, Conrad, Is Succeeded by Francis R. Mellon Fights Plan 463 Mellon, Sec., on Regulations Govero- Distributor British House, Laborite Members Mg Payment Wadleigh as Federal Fuel 257 to of Appeal of Uncalled Victory Speyer & Co. Not In Mexican Bank 769 President Harding for European Co- Notes Speyer, Importance of RR. -operation Payment of Uncalled 45( at Ma-1132 James. on Credit- 29 British 769 % SPeYer, James, Urges Co-operation With Pres- Views of President Harding's Pro- turity 1240 ident Rea Against Legislation Adversely Af- posal for United States Membership in Payment of Uncalled 45(% Before ' fecting World Court Maturity Railroads 1013 Capper, 891 1368 Sproule, Wm., President of Southern Pacific Senator. on Legislation in Behalf Redemption of Uncalled, Still Out- Co., Exposes RR. Guaranty Fallacy 688 of Farmer, Enacted by Sixty-Seventh standing 1132 Standard Co. Withdraws From Czecho- Congress Treasury Department to Redeem Vic- 011 Central 1122 slovaida 1371 American Republics, Signing of tomrayyN2ootes in Advance of Maturity State Fuel Administration Terminates Apr. 1-1371 Pacts Growing Out of Conference Washington of in Steel Castings Sales 459, 875. 1234 682 Victory Notes—See U. S. Treasury. Steel Furniture Shipments Increasing 1117 Certificates. See U. S. Treasury. War Department Civil Staff of Cut in Hatt 684. Stock Dividends of Over Two Billion Dollars Commerce, Secretary of, in World Court Is One of Greatest Advances World Review of Declared in 1922: Senate Resolution Re- Conditions. Forecasts Continued World Society Has Made, Pres. Harding [carding Taxation of Stock Dividends 368 Progress Says in Letter to Lieut.-Gov. Bloom or Soc'y Mellon Congress, 12 Stock Dividends, in Reply to Proposed Change in Time of - Ohio 0110It Senate Resolution Regarding Taxation of 368 Meeting of World Court Senate Withholds Approval Companies Charged Congress. Longest 680 Standard 011 in Report of Session since 1915 1009 Pres. Harding's Recommendation to- La Follette Coamittee with Domination o f Congress. See Congress. Have U. S. Join World Court by1010. Court Oil Industry 1136 of International Justice of League o World Court—The Hague Encouraged Strong Farm Loan Bill Passes the House; Nations, U.S. Urged to Join by President rirteryProposed Move of U.S.to Join Agricultural Credits Program of House___. 773 Harding In Message to Senate—Secretary World Court, U. S. Urgeded to Join by Pres. 891i Structural Bookings Largest Since May 767 Hughes's Proposed Reservations Harding In Message to Senate 830 Upward Debt Funding 889 Structural Sales Begin Swing; Fur- Act, Modification of Favored ther Increase 227, 1232 —Conference between U. S. and Notes—See U.S Treasury. Sugar Investigation Ordered by Pres. Debt Missions British Price 125 V illaneuva. Senor, Returns to Bolivia 4ea Harding; Basil M. Manbes Petition; Cor- Debt Funding Proposals of United Volstead Prohibition Enforcement Law. N.F. dell Hull Asks for Lower Duties 1368 Accepted by Great States. Britain 461 Legislature Adopts Resolution Urging Goo- Supreme Court of United States—See United Debt of Great Britain and the gress to Modify: Governor Smith Signs It, States. to the United Other Allies States 463 892. 1012 Switzerland and Swiss— Agriculture, Department of— Franco-Swiss Free Zone District of Savoy. Public Hearings Incident Wadleigh, Francis R., Succeeds Conrad Abolishment of to Preparation Proposed 568 of Regulations Under Fulmer TV Spens as Federal Fuel Distributor 25Z' National Railways Sell Locomotives 241 Standards Act Cotton Wage Advances— Disorganization 1134 Railroad Traffic, of Inci- Agriculture, Secretary of Wallace— Agreement in Window Glass Industry, Per. dent to French Ruhr Occupation Objected Agricultural Credits Act and manent Injunction Against Issued. by to by Swiss 670 Banks and the Banks Federal Corporations Authorized Judge Westenhauer 0184r Thereunder, Explanation of Cleveland Clothing Market 1330 Talley, Lynn P. Chairman and Federal Re- Farm Credit 1121 Agencies, Secretary of Agri- Cotton and Woolen Mills in New Eng- serve Agent of Federal Reserve Bank of culture on—WEIrehouse land and South 136a Dallas 1368 portant Act has Im- Relation to New Credit Fall River Textile Workers Ask for /II- Tax-Exempt Housing Legislation. Argument tem Sys- creases 1117. 1233, 11235394 Begun on Appeal 1371 Lenroot-Anderson 1121 Utah Miners Rural Credits Measure Tax Exempt Securities, New York Chamber Favored by Secretary Wage Demands Being Framed by Soutbern1356. Commerce in Opposition to Proposed Ban Wallace 881 of Prospects for Agriculture in 1923 Mill Workers Against 474, 475 Finnisn Debt to U.S., 122 Wage Reductions, Applications for Hearing -Exempt Securities, Resolution to , Program for Refund- Tax Re- ng of—Agreement With Great on, Before Labor -Board Withdrawn by strict Passed by House 368, 374 In Final Stage Br.tain Many Railroads 136 Tax-Exempt Securities. State and National. French 1120 Wage Scale (Minimum) for Women I is Cali- Indebtedness, U. S. Receives In- Gov. Trinkle of Virginia In Opposition to terest on fornia is Sixteen Dollars 1)4 Proposal to Do Away With Issues of 460 476 French Not Averse to Secretary Waist and Dress Trades. Strike for Week Taxes—Law of 1920 Exempting From Taxes Terms Hughes' Work; Strike Settled 560, 76it Buildings in New York Held 890 Waist Mosessohn Made Now Invalid French Note on Gold Advanced to Industry, M. Dictator by Justice Tierney, 1242; Decision Reversed Britain and Deposits Great of 876 April issue. in the U. 5 127 on Appeal, sea 7 page 1489. German Government Treasury Wallace, Sec'y of Agriculture—See United Tennessee Coal Company Increases Wages Offering of, in Certificates States. United States 1235 125i %------898 German Labor Appeals to War, Appeai of Americans to Churches to De- Tennessee ------Land Bank,-Ilona-Ur; Congress for clare Stand Against 2E2: Preservation of hurope and World from tering 247 "Inevitable Disaster" Warburg, Paul M, Urges Establishment by Tierney, Justice, Decision; Samuel Unter- German 468 Federal Reserve Board of Principles for Loan, French Government Warns myer's Comment on 1242 Americans Against Guidance of Banks in Use of Rediscount Fa- 1235 cilities 370

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis INDEX [VOL. 116-PART 1.

Page. Page. Page. Mar Finance Corporation- West Bergen Trust Co. of Jersey City Ad- Wholesale Trade. Gain in, as Reported by Advances Approved Account of Agricul- mitted to Northern New Jersey Clearing Federal Reserve Bank of N. Y__ _458. 874. 1355 ural and Live Stock Purposes. 29. 248. House-Collection through New York Window Glass Industry, Permanent Injunc- 575, 777. 1005, 1239 Federal Reserve Bank 1005 tion Against Wage Agreement in, Imued by 1-Alonde11. Frank W , Nominated as Director Wheat-Bill Proposing to Guarantee Wheat Federal Judge Westenhauer 684 of War Finance Corp.; Nomination Con- at $I 75 per Bushel 575 Wool Consumption Large 231 firmed by U.S. Senate 884. 1005 Wheat Saved by French-Cut Bread Waste- World Economic Conference Favored in tBepayments Received by War Finance Government Measures Reduce Grain Resolution Adopted by International Corp 29, 248. 575. 777. 1005, 1239 Purchase 30,000,000 Bushels 683 Chamber of Commerce 1360 -Washington Joint Stock Land Bank Bond Of- Whitney, H. F., Resignation of as Member World Economic Conference, Withdrawal by 472 of Governing Committee of New York Senator Borah of Proposals for 25 VaWashington.ering Population Falling Off; Civil Stock Exchange 776 World War Foreign Debt Commission, Staff of War Dept. Cut in Half 684 Wholesale Prices, Course of 231, 663, Democrats Named to-Senators Glass and Wasserman Bros (N. Y.). Schedules in Bank- 767. 1233 Simmons Decline to Serve 999 ruptcy Filed for Failed Firm of 678 Window-Glass Blowers' Union and Manu- Webb Export Trade Corporations Organize. facturers' Association, Indictments Re- 1nc and Lead in 1922-Good Gala In Lead Bee Export Corporations Organized. turned Against Members of 138 Z and Large Gain in Zinc 123

NEWS REGARDING BANKS, TRUST COMPANIES, ETC. Page Page P e American Bankers Association 579, 901 Continental & Commercial National Bank of Hope National Bank (Hope, N. J. P9 Aliznerican Exchange Bank of Bristow, Nab.. 144 Chicago 144 Houston National Exchange Bank (Houston. American Exchange Bank of Milwaukee 483 Continental & Commercial Trust & Savings Tex.) 484 American Exchange Bank of New York 778 Bank of Chicago 144 Hudson County National Bank of Jersey City. 263 American Exchange National Bank (N. Y.), Continental Guaranty Corp. (New York).- 142 Hudson Trust Co. of New York 901, 1140 141, 262, 1372 Continental Trust Co. of Washington 264 American Foreign Banking Corp. (N. Y.)-- 482 Corn Exchange Bank (New York) 262. 901 Illinois Merchants Tens Co. (Chkage, Ill.) American Institute of Banking (N. Y.)--142, 579 Corn Exchange National Bank of Omaha__ 266 1244, 1374 American International Corp.(N. Y.) 482 Illinois Trust & Savings Bank of Chicago_ American-Liberty Bank & Trust Co. of New allas County State Bank of Dallas. Tex_ _ 145 1244, 1374 Orleans 484 Dalias Trust & Savings Bank of Dallas, Tex_ 902 Imperial Ottoman Bank of London 141 American National Bank (Richmond. Va.)_ _ 579 Denver National Bank (Denver, Colo.) 379 Importers & Traders National Bank of N. Y_ -American National Bank of San Francisco 484 Detroit Company of Detroit, Mich 378. 580 777, 1014 American Savings Bank of Pontiac, Mich- - 378 Detroit Stock Exchange 1141 Industrial Bank of Japan, Ltd. (Tokyo, American Trust Co. of New York 1140 Discount Corporation of N. Y 262 Japan) 1375 Ampere Bank of East Orange, N. J 902 Dominion Bank (Head Office, Toronto) 581 Industrial Bank of New York, Merger 34 Ae & London Paris National Bank (San Drovers & Merchants Nat. Bank of Phila.. 143 International Acceptance Bank, Inc. (New Francisco, Calif.) 484 Drovers National Bank of Chicago 265 York) 262 Arcadia National Bank (Newark, N. J.) 482 International Trust Co. (Denver. Colo.)-„ 483 Asbury Park Trust Co (Asbury Park, N. J.).. 482 Vast Orange Bank of East Orange, N. J-- 263 Interstate Trust dc Banking Co. of New Atlanta National Bank of Atlanta, Ga 484 EK.den State Bank (Eden, Idaho) 1374 Orleans 484 Atlantic National Bank of Providence, R. I_ 690 Edgar State Bank (Edgar, Mont.) 483 Interstate Trust Co. of Denver 379 Atlantic Trust Co. of Baltimore 264 Emigrant Industrial Savings Bank (N. Y.). Irving Bank (New York City, N. Y.)-263, 262, 1140 377, 482, 578 Mank of America (New York) 485 Empire Trust Co. of N. Y 376 Irving Bank-Columbia Trust Co.(New York) ,WPank of California, N. A., of San Francisco, Equitable Eastern Banking Corp. (N. Y.)._ 262 690, 777, 1244 Calif 485 Equitable Life Assurance Society of the U. S_ 901 Irving-Columbia Trust Co. (New York).- 777 tBank of Commerce & Trust Co. (Memphis, Equitable Trust Co.(N. Y.) 777, 1014, Irving National Bank of New York 143 Tenn.) 380, 580 1015, 1139, 1372 Italian-American Bank of San Francisce1015, 1375 Bank of Commerce of Warsaw 903 Exchange Trust Company of Boston 264 Bank of Italy (San Francisco, Calif.)- - - -145, 266 Sohnson, J. Frank, Appointed California Bank of the Manhattan Co. (New York)- - - - 34 armers' Bank of Springville 483 State Bank Superintendent 580 Bank of North America & Trust Co. (Phila- Farmers' Loan & Trust Co. of N. Y--- -143, 1244 delphia. Pa.) 902 Farmers' & Mechanics' National Bank of ansas-Carl J. Peterson Named as State Bank of North America (Philadelphia) 902 Georgetown, Washington, D. C 264 K Bank Commissioner 580 'Bank of Nova Scotia (Halifax) 380, 580 Farmers' State Bank of Gage, Okla 580 Keystone National Bank (Pittsburgh, Pa.).... 373 Bank of Pittsburgh 264 Federal Reserve Bank of Chicago 902 Knoxville Trust Co. (Knoxville, Tenn.) 380 Bank of Sheepshead Bay (Sheepshead Bay, Federal Trust Co. of Boston 1373 N.Y.) 143 Fidelity International Trust Co. (N. Y.). adenburg, Thalmann & Co.(N. Y.) 579 'Bank of Toronto (Canada) 145 141, 262, 778 Lake Shore Trust dr Savings Bank of Chicago 378 Bankers & Brokers Committee of United Fidelity Trust Co. of Baltimore 264 Lane, William C., Vice-President of Guaranty Hospital Fund 34 Fidelity Trust Co. of Buffalo, N. Y 690 Trust Co. of N. Y., Death of 689 Bankers National Bank of Minneapolis 379 Fidelity Trust Co. of Hartford, Conn., Con- Liberty Central Trust Co. of St. Louis 902 'Bankers Trust Co. of Knoxville, Tenn_ __ _ 690 solidation 34, 690 Liberty Mutual Insurance Co (Boston) 1141 Bankers Trust Co., (N. Y.) 141, 1244, 1372 Fifth National Bank (N. Y.) 141 Live Stock National Bank of Omaha 379 Banque de Bruxelles, Societe Anonyme of First National Bank of Albany, N. Y 263 Lloyds Bank, Ltd. (London, Eng.), 485, 581, 903 Bruxelles (Poland) 903 First National Bank of Boston 264 Logan Square State Savings Bank (Chicago)_1374 Banque de Paris des Pays-Bas (Paris, France) 581 First National Bank of Clayton, Mo 1375 Logan Square Trust & Savings Bank of Chi- Banque d'Hodhelaga (Montreal. Canada) 146 First National Bank of Chicago 265 cago 1141, 1374 Banque Nationale de Credit (Paris, France)_1375 First National Bank of Denver, Colo 483 London Joint City & Midland Bank, Ltd. Baring Bros. & Co., Ltd., Windha-m Baring, First National Bank of Englishtown, N. J 690 (London, Eng.) • 266,681 Death of 34 First National Bank of Fergus County Louisville National Bank (Louisville. KY.)- -- 483 Battery National Bank (N. Y.) 141 (Lewistown Mont.) 483 Lumbennen's National Bank of Houston, Tex.580 Berwyn State Bank (Neb.) 144 First Nationd Bank of Hartford. Conn 34 Middle, Nicholas, Death of 778 First National Bank of Hoboken, N. J 1141 xiscLachlen Banking Corp. of Wash,. D. C.- 264 Brick Church Nat. Bank of Orange, N. J-__, 690 First National Bank of Houston Tex 484 Manufacturers' Trust Co. of Brooklyn,901,1140 Bfidklaead, Oliver W., Appointed V.-Pres. of First National Bank of Mows, ókba 580 Manufacturers' Trust Co.(N. Y.) 34, 1373 Harriman National Bank of N. Y. City-- - 34 First National Bank of Lewistown, Mont 483 March, Sidney H. Death of 579 Broad Street National Bank of Philadelphia_ 144 First National Bank of Lincoln, Ill 483 Marshall & Insley Bank of Milwaukee - -_265, 579 'Broadway Central Bank of New York 263 First National Bank of Los Angeles, Cal 145 Massachusetts Trust Companies'Association.. 143 Brooklyn Trust Co.(New York) 1372 First National Bank of Los Gatos, Calif_ 266 Massachusetts Trust Co. (Boston) 264 Bryn Mawr State Bank (Chicago, Ill.) 1141 First National Bank of Memphis. Tenn 484 Mechanics' Bank of Brooklyn 579 Butts, Theophilus, Vice-Pros. of First Nat. First National Bank of Minneapolis 379 Mechanics' & Merchants' Bank (Philadel- Bank of Hoboken, N. J., Death of 1141 First National Bank of N. Y 262, 482 phia, Pa.) 144, 690 First National Bank of Newark, N. Y 482 Mechanics & Metals National Bank of N. Y-- 263 Arvalifornia National Bank of Santa Ana- -- 902 First National Bank of Oklahoma City, Okla. 484 Mercantile Trust Co. of San Francisco 580 ‘....alifornia State Supt. of Banks, J. Frank First National Bank of Philadelphia 143, 483 Merchants' Bank of Montgomery, Ala 145 Johnson Appointed as 580 First National Bank of Plainville, N. J 263 Merchants' Laclede Nat. Bank (St. Louis, -Capital National Bank of Lansing, Mich 483 First National Bank of Port Huron 483 Mo.) 380 *Capitol National Bank (N. Y.) 262 First National Bank of Portland, Ore 485 Merchants' Loan & Trust Co. of Chicago, Cement Securities Co. (Denver, Colo.) 483 First National Bank of St. Louis 379 1015. 1244, 1374 Centennial National Bank of Philadelphia 143 First National Bank of Secaucus, N. J 482 Merchants' Nat. Bank of Baltimore, Md. 144, 264 Central Exchange Bank of Woodward. Okla.. 484 First National Bank of Wrightstown, N. J.._ 482 Merchants' Nat. Bank of Boston 264 Central Mfg. District Bank (Chicago, Ill.)_ 265 First National Exchange Bank of Port Huron. Merchants' Nat. Bank of Raleigh, N. 0-- - -1141 Central National Bank of Philadelphia 144 Mich 483 Merchants' Nat. Bank of San Francisco 1375 Central National Bank, Savings & Trust Co. First Savings Bank of Southerland, Iowa-__ -1374 Merchants' State Bank of Red Lake Falls, of Cleveland, Ohio 378 First-Second National Bank of Akron, 0-- 264 Mich 580 Central State Nat. Bank of Memphis, Tenn_ 484 First Securities Co.(Los Angeles,Calif.) -145, 1142 Merchants' Trust & Savings Bank'of St. Paul 379 -Central Trust Co. of New York 262 First Security Company of N. Y 1014 Merlon Title & Trust Co.(Ardmore, Pa.)- - - 483 Chase National Bank (New York) 141 First Trust & Deposit Co.(Syracuse, N. Y.).. 378 Metropolitan Trust Co. of the City of N. Y., -Chase Securities Corp (New York) 1140 First Wisconsin Nat. Bank of Milwaukee_114, 265 263, 377 Chatham & Phenix National Bank (N. Y.)- - 141 First Wisconsin Trust Co.(Milwaukee, Wis.)-1245 Midland Bank of Cleveland 902, 1141 Chemical Nat. Bank (N. Y.)--141, 263, 579. 689 Flatbush National Bank of Brooklyn, N. Y.... 690 Midland Nat. Bank of Minneapolis 379 *Chicago Board of Trade 483 Foreman Bro. Banking Co. (Chicago)-- _48, 378 Midwood Trust Co.(Brooklyn, N. Y.) 1373 'Chicago Clearing House Association 378 Foreman National Bank (Chicago) 48 Minneapolis Trust CO.(Minneapolis, Minn.). 379 *Citizen Bank of Sikeston, Mo 1141 Foreman Trust & Savings Bank (Chicago) 48 Mississippi Valley Trust Co. of St. Louis,379, 1374 'Citizens Bank & Trust Co.(Knoxville, Tenn.) 380 Foss State Bank (Foss, Okla.) 580 Mount Vernon Trust Co. (Mount Vernon, 'Citizens National Bank of Baltimore_ ..48. 264- Fourth-Atlantic Nat. Bank (Boston, Mass.)-1373 N. Y.) 263 'Citizens State Bank of Holdnedge, Neb_- 690 Franklin National Bank of N. Y 377 Montauk Bank of Brooklyn, N. Y 377 Citizens State Bank of Houston, Texas 484 Franklin National Bank of Philadelphia 264 Moore, William H. Death of 262 City Bank & Trust Co. of Hartford, Conn 579 French American Banking Corp.(N. Y.)-- -- 262 Morris Plan Bank (Norfolk, Va.) 144 City National Bank of Commerce of Wichita Fulton Trust Company of N. Y 689 Morris Plan Insurance Society 142 Falls, Texas 484 Morristown Trust Co. of Morristown, N.J 143 Cky National Bank of Dallas, Texas 484 arfield National Bank (N. Y.) 141 4333, Trust Co. of Newark, N. J 901 Glen Cove Bank of Glen Cove, N. Y-- -378, 901 Mational American Bank of N. Y 377 Cleveland Trust Co. (Cleveland, - -,.-1373 Globe National Bank of Denver, Colo 483 illational Bank of America (Paterson. N. J.)-1373 Coa Is Iron Nat. Bank of N. Y-34,Ohio).- 377,778, 1140 Goff, Frederick H., President of Cleveland National Bank of Baltimore 264 cAilocial TrustCo. of Philadelphia 378 Trust Co., Death of 1373 National Bank of Commerce of Milwaukee..,,.. 265 Ccherado National Bank (Denver, -- - 379 Goldschmidt, H. P., Death of 1140 National Bank of Commerce(N. Y. 142 Colo dila Trust Co.(N. Y.)- _263.Colo.)- 377.578, 690 Greenebaum Sons Bank & Trust Co. (Chi- National Bank of Commerce in St. Louis_ _ _ 379 Commercial Bank of San Luis- Obispo 902 cago, Ill.) 265 National Bank of Germantown,Philadelphia.. 144 Conunercial Bank of Scotland, Ltd. (Edin- Greenville Banking & Trust Co. of Jersey National Bank of North Hudson (West Hobo- burgh) 146 City, N. J 778 ken, N. J.) 263 Commercial Bank of Spanish America, Ltd- 903 Greenwich Bank of New York 141 National Bank of North Philadelphia (Phila- Commercial Credit Co.(New York) 142 Guaranty Company of New York 778 delphia, Pa.) 144 Commercial Nat. Bank of Kansas City, Kan. 379 Guaranty Trust Co. of New York_ _ _ _34, 263.689 National Bank of the Republic (Chicago) 265, 1015 Commercial Nat. Bank of Peoria, Ill 48, 144 Guardian Savings & Trust Co. of Cleveland,0 378 National Bank of Scotland, Ltd. (Edinburgh, commercial Nat. Bank of Washington 483 Scotland) 146 Commercial Nat. Bank of Wilmington, N. C. 145 amilton National Bank of Denver, Colo- 580 National Bank of South Africa 1375 Commercial Trust Co. of Philadelphia 902 Hamilton National Bank of N. Y_142, 262, 1014 National Bank of Washington 264 Canunercial Security Nat. Bank (Boston, Hanover National Bank of New York 141 National Bank of Watervliet of Watervliet. afass.) 263 Hardin State Bank (Hardin, Mont.) 483 N.Y 482 Ornunercial Trust & Savings Bank (Mem- Harriman National Bank a New York City National City Bank (N. Y.) 141, 579. 1372 pin s., Tenn.) 380, 580 35, 142. 778, 901, 1244 National City Bank, St. Louis 379 (Z.,' s' ounercial Bank of New York 1244, 1372 Hibernia Bank & Trust Co. of New Orleans.. National Discount Co., Ltd., of London 581 Canunostwealth Trust Co. of Pittsburgh, Pa-- 579 145, 380, 1141 National Park Bank (N. Y.) 141 Commonwealth Trust Co. of Boston, Mass-- -1373 Home Savings & Trust Co.(Denver, Colo.)- - 483 National Provincial & Union Bank of Eng- Carzinental Bank of Detroit 483 Hongkong & Shanghai Banking Corp.(Hong - land. Ltd. (head office London) 691 •Coce.i.-vsntal State Bank of Minneapolis 580 kong, China) 146 National Security Bank of Philadelphia 144

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis JAN.-MAIL, 1923.1 INDEX

Page. Page. National Shawmut Bank of Boston Page. 263. 1141 Progress National Bank of New York 1140 perminal Bank of N. New Jersey Mortgage & Trust Co. of Long Prudential Y., 1140 Bank (Washington. D. O.) 1141 1 ermine' Exchange Bank CM Y.) 901 Branch, N. J 263 Putnam Trust Co. of Greenwich, Conn 690 Tighe New Jersey Title Guarantee & Trust & Bros., V.(g. Y.) 1140. 1372 Co. of Title Guarantee & Jersey City. N.J 377 Trust Co.(N. Y.) 377 epublic National Bank of St. Louts 379 Trade Bank of New York New Orleans Bank & Trust Co.(New Orleans, Robert Morris Association 1141 690 La.) Transportation Brotherhoods National Bank 484 Rock Springs (Wyo.) National Bank 483 (Minneapolis) New York Cotton Exchange 1139 Rockaway Beach National 265 Stock Bank of Rock- Trust Company of New Jersey (Jeremy Olt)- 263 New York Exchange Membership Sale, away Beach, N. Y 263 Tuttle, 34. 141. 262, 482, 901, 1014, William E., Jr., State Bank and In- 1139, 1244 Roosevelt Savings Bank of Brooklyn, N. Y.. surance Commissioner of New York Trust Co 34, 142, 263 N. J.. Death of 690 Ninth National Bank of 143, 1140 Philadelphia 264 Royal Bank of Canada (Head Office Montreal) 903 nion Bank Ninth Title & Trust Co. (Phila.. Pa.)_ of Brooklyn (defunct) 690 --143. 378 UWilton Bank of Canada (Winnipeg)._ Noel State Bank of Chicago 144 acramento-San Joaquin Bank (Stockton, -903, 1141 Norfolk National Union National Bank of Fresno. Calif 1375 Bank of Norfolk. V 1141 S Calif.) 1375 Union National North American Bank (N. Y.) Bank of Huntingdon,Pa_- - -144 262 St. Anthony Bank de Trust Co. of At. An- Union National Bank of Philadelphia North Avenue Bank of New Rochelle, N.J_ 283 thony, 143 Idaho 902 Union National Bank (Wichita. Kan.)-902, 1015 Northwestern Mutual Life Insurance Co. St. Louis Union Trust Co.(St. Louis, Mo.)- - 483 Union Trust (Milwaukee, Wisc.) Co. (Chicago, Ill.) 144. 902 483 Shorboro, Andrea. Presiden of Italian- Union Trust Co. Cleveland, 0.)_ Northwestern National Bank of Minn 379 _144. 579, 1373 Northwestern American Bank of San Francisco, Death of_1015 United Hospital, Bankers' and Brokers' Com- National Bank of Portland. Ore. 485 Schenectady Trust Co. of Schenectady, mittee Northwestern Trust Co. of 34 of St. Louis 379 N.Y 378 United States Bank (Hartford, Northwestern Trust Co.(St. Paul, Minn.).- 378 Conn.). Con- Seaboard National Bank of New York_ _ _142, 482 solidation 34. 690 Second National Bank of Houston. Tex 580 United States Mortgage & Trust /Mak Lane State Co.(N. Y.), Bank (Philadelphia, Pa.)_ 579 Second National Bank of Washington 264 34. 377, 1140. 1244 N.-Pak Lane Trust Co. of Philadelphia 579 Security Commercial & Savings Bank of El United States National Bank Ocean Park of Denver, Colo. 379 Bank (Ocean Park, Calif.) 145 Central 902 United States National Bank of Omaha 266 Omaha National Bank (Omaha) 266 Security Trust Co. (Hartford, Conn.), Con- United States National Bank Ontario of Portland. Ore. 485 County Trust Co. of Canandaigua 263 solidation 34, 690 United States Security Trust Co. (Hartford, Overbrook Bank of Philadelphia, Pa 579 Sherman Square National Bank (New York)..1015 Conn.) Oxford 34 Bank of Frankford, Philadelphia. Pa.. 483 Sixteenth Street State Bank of Chicago 1374 United States Trust Co. of N. Y 143, 1013 Oxford Bank & Trust Co. (Philadelphia, Pa.) 483 Southwest National Bank of Dallas, Tex--- - 484 National Bank ill Springfield (Springfield, 0.)-1015 Vermont National Bank 143 ac i t ic Southwest Trust & Savings Bank Standard Bank of Canada. Toronto 48 V ietor, Hubbell, Rea & Common p (Los Angeles, (Buffalo, Calif.) 145 Standard Bank of South Africa. Ltd.(N. Y.), N. Y.) 690 Peninsula National Bank of Portland, Ore_ - - 485 581, 903 Penn National Bank of Reading, Pa 264 Standard National Bank of Washington 264 achovia Bank & Trust Co. (Winston- Peoples Bank of Philadelphia 144 Standing Stone National Bank (Hunting- W Salem, N. C.) 1141 Peoples National Bank of Brattleboro, Vt 143 don. Pa.) 144 Walsh, Julius S., Chairman of Board of Di- Peoples Trust & Savings Bank of Chicago-- 378 State Bank of Philadelphia Merger 144 rectors of Miss. Valley Trust Permanent 0o.. Death of..1374 National Bank of Brooklyn, N. Y. 901 State Bank of Portland (Portland, Ore.)--- - 266 Webster & Atlas Nat. Bank (Boston, Mass.)- 264 Peterson, Carl J., Named as State Bank Com- State National Bank (St. Louis) 380 West Bergen Trust (Jo. of West Bergen, Jer- missioner of Kansas 580 Stettinius, Edward R., of J. P. Morgan & Co., sey City, N.J482 Planters & Mechanics Bank (Tulsa, Okla.) 484 Operated on 1244 West Side State Bank of Kaunas City (Mo.)- -1015 Power City Bank of Niagara Falls, N. Y .- 902 Stockyards National Bank of Denver 1374 Whitney-Central Trust & Savings Bank of Proctor, John L., Transferred to the Office Stony Isl. Trust & Say. Bank of Chicago._1374 New Orleans National as *of Bank Examiner of New York _ _1140 I Sumitomo Bank, Ltd.(New York) 482 Wilber National Bank of Oneonta, N. Y 57

STATISTICAL AND GENERAL INFORMATION

Stock Exchange Prices, Federal Reserve and Clearing House Returns, Government Debt and Trade Data Page. Page. Page; uction Sales of Stocks and Bondsliat Now.. Federal Reserve Banks, Weekly Returns of New York Stock A York, Boston and Philadelphia_50, 150, Member Banks, Exchrnge (Cloneluded)- 54, 156, 275, 388, 492, 592, Monthly Range of Stocks for 1922 42 • 270. 383, 487. 587. 693. 797. 905, 1020, 698, 803. 910, 1026. 1153. 1254. 1386 Monthly Range Foreign Exchange, of Foreign Government Se- 1146. 1247, 1378 Weekly Review of Mar- curities for 1922 49 ket (See also Editorial Article on the Finan- Monthly Range of State and City Securities altimore Stock Exchange, Weekly Range cial Situation), 56. 157, 276. 389. 493, 593. for 1922 B of Prices for Stocks_ _67, 168, 287, 400, 49 699. 804. 911. 1027, 1154,1255, 1387 Daily Range of Prices for All Stocks Dealt 504, 604, 710,815, 922. 1038, 1165, 1266, 1398 Foreign Trade of New York-Monthly State- in--57, 158. Daily Record of Volume of Sales in Stocks ment of Imports 277, 390, 494, 594. 700. 805, and Exports 50 912. 1028. 1155, 1256, 1388 and Bonds__56. 157, 276, 389, 493, 593, Foreign Trade of U. S.-See United States. Daily Record of 804. 1027, 1154, French Prices of U. S. Govern- 699, 911. 1255, 1387 Reines and Government Bonds, Daily ment Securities. See "Bankers' Gazette." Bank Clearings, Weekly and Monthly Re- Price of-See "English Financial Markets." Daily Record of Volume turns-31, 146, 266, 380. 485, 582, 691, of Sales in Stocks and Bonds_ _56. 157, 276, 389, 493. 593_, 778, 903. 1015. 1142, 1245, 1375 ir• old, Daily Price of, in London-See "Eng- 699, 804, Bank Clearings, Canadian. See Canadian lish Financial 912, 1027, 1154, 1255. 1387 Markets." Monthly Record of Volume of Sales of Bank Clearings. Gold Imports and Exports at New York-See Stocks Bankers' Gazette_ 157. and Bonds 341, 582. 1018 _56, 276, 388. 493, "Foreign Trade of New York." Weekly Record of All Bonds 593, 699 804, 911, 1027, 1154. 1255, 1387 Gold, Samuel Montagu Sold on ox-. & Co.'s Weekly Cir- change_61, 162, 281, 394. 498. 598, 704, Boston Clearing House, Weekly Returns of cularL Thereon-See "English Gold and Sil- 13catton Clearing House Banks_ _53, 154. 809, 916. 1032, 1159. 1260. 1392 ver. Weekly Review of Stock Market. See 273. 386, 490, 590. 696, 801, 908, 1024, "Bankers' Gazette." 1151. 1252, 1384 I mports and Exports at New York, Merchan- Boston Stock Exchange- dise, Gold and Silver, Monthly Returns- philadelphia Banks, Weekly Clearing House Daily Range of Prices for Stocks Sold on See "Foreign Trade of New York." Totals_ _53, the Exchange_66, 167. 286. 399, 503, 154. 273, 386, 490. 590. 696. 801, 908, 1024. 1151.12,52. 1384 603, 709. 814, 921, 1037, 1164. 1265, 1397 mational Bank Notes, Monthly Changes in, Philadelphia Stock Daily Record of Volume of Sales in Stocks Exchange- LI &c 150, 586. 1146 Daily Record of Volume of Sales In Stocks and Bonds_ _56. 157, 276, 389, 493, 593, National Banks, Reports of Condition on and Bonds_ _56, 157, 699, 804, 911, 1027, 1164, 1255, 1387 Dec. 276, 389. 493. 593. 29 1922 1377 699, 804, 911, 1027, 1154, 1255, 1387 Boston Stock Exchange (Concluded)- Weekly Weekly Bond Record_ National Banks (Commercial and Miscellan- Range of Prices-67. 168, 287, 400, _67, 168, 287, 400, eous News), 504, 604, 710,815, 922, 504,(iO4, 710,814, 922, 1038, 1165,1266, 1398 Organized, Converted, &c., 1038, 1165. 1266, 1398 from Weekly Returns of Comptroller of the Pittsburgh Stock Exchange-Weekly Range British Consols and Government Securities, of Prices_ Daily Prices of. See "English Financial Currency. 50, 151, 269, 382, 487, 587, _67. 168, 287, 400. 504, 605. 710, Markets." 693, 798, 905, 1020. 1416.1247, 1378 816, 923, 1039, 1165, 1266,1399, New York City Banks and Trust Companies, Combined Weekly allroad Earnings. Gross and Net, Weekly anadian Bank Clearings 33, 147, 267.381. Returns for all Institu- R and Monthly,- -70. C 486, 584, 692, 779. 904,_1018, 1143, tions, 53, 154, 273, 386, 171, 290.403, 507. 607. 1246,1376 490. 590, 696, 801, 713, 818, 925, 1041, 1168, 1269, 1401 Chicago Stock Exchange, Weekly Range of 908. 1024, 1151, 1252. 1384 Prices of Stocks__67, 168, 287, 400, 504, New York City Banks and Trust Company Qilver-Daily Price 604, 710, 815, 922. 1038, 1165, of, in London and New 1266, 1398 Stocks, Bid and Ask Prices, 69, 170, 289, York-See "English Financial Markets." Coal Shipments, Anthracite 268, 905, 1145 402, 506, 587, 693, 797, Exports Curb Market. See New York 905. 1020, 1146, and Imports at New York-See Curb Market. 1247, 1378 "Foreign Trade at Now York." New York City Clearing House Weekly Circular nividends Declared Each Week by Banks and Thereon of Samuel Mon- Ran- Trust Companies, Detailed Weekly State- tagu & Co. of London-See i./ roads Public Utilities, Industrial Cor- ment, 52, 153, 272, 385, "English porations, Banks, 489, 589, 695. 800. Gold and Silver Markets." &c--50, 151, 270, 907. 1023, 1150, 1251. 1383 Steel Production, 383,487, 588, 694, 798, 9S)5, 1021, 1147, New York Monthly Returns, 149. City Imports and Exports Mer- 585, 1019 1247, 1379 chandise, Gold and Silver,Monthly Re- Sundry Securities, Weekly lectric Railway and Other Public Utility turns-See "Forel. Bid and Asked gn Trade of New York." Prices, 65, 166, 285, 398, 502, 602. 708, E Gross and Net Earnings--72, 172. 291, New York City Non-Member 404, 509. 608, 714. 819, 927, Banks and 813. 920, 1036, 1163. 1264. 1396 1042, 1169, Trust Companies, Weekly Clearing House 1269, 1403 Returns, 53, 154, 273, 386, English Financial Markets-per Cable_ 490, 590, 696, Trust Company Returns for Now York. -- 801. 908. 1024, 1151, 1252. 1384 Brooklyn, Boston, Philadelphia. 148, 268, 382. 487, 586. 691. 778, 905, New York Curb Balti- Market- more, Chicago and St. Louis 780 1019, 1142, 1245, 1377 Weekly Review of Market, 48. English Gold and Silver Markets-Weekly 146, 268, 380, 485, 581, 691, 796, 903. 1019. 1142, nited States-Debt (Monthly), Letter of Samuel Montagu & Co.of London, Prelimi- 148, 268, 382, 487, 586, 691, 1245, 1375 UDnary Returns Showing Gross ebt. 149, 778, 1019, Weekly Range of Prices. 68, 169. 288. 401. 1142, 1245, 1377 504,605. 711,816, 585. 1144 ts and Imports at 923, 1039, 1166, 1267, 1399 Debt (Monthly), Final Returns Showing New York, Merchan- New York City Realty and Surety ETzdise Gold and Silver, Monthly Returns Stocks, Net Debt 268, 1144, 1378 - Weekly Record of Bid and Asked Prices, Government See Foreign Trade of New York. 69, Revenues and Expenditures 170, 289, 402, 506. 587, 693, 797. 905, (Monthly) 149. 585, 1144 IMO. ederal Reserve Bank of New York, Weekly 1146, 1247, 1378 Imports and Exports(Monthly) 797 Return New York City Weekly Returns of State Treasury Money F of Condition, 53, 154, 273, 386 Banks and Trust Holdings 149, 585, 1145 490, 590, 696, 801, Companies Not in the Treasury-Stock of Money in the Country. 908, 1024, 1151, 1252, 1384 Clearing. House53, 154, 273, Federal Reserve Banks, Combined Weekly 386, 490, 272, 800. 1150 Statement 590, 696, 801, 908, 1024. 1151, 1252. 1384 Treasury Cash for Wnolo Country, 54, 155. 274. New York Stock Exchange- and Current Liabilities 387. 491, 591, 697, 802. 909, 1025, 1152, (Monthly) 148. 585, 1144 Monthly Range of Bonds for Cal. Yr. 1922.. 34 United States Steel 1253, 1385 Monthly Range of U.S. Corporation. Unfilled Securities for 1922- 42 Orders 150, 797, 1145

Digitized for FRASER http://fraser.stlouisfed.org/ 1Federal Reserve Bank of St. Louis [VOL. 116-PART 1. 'II INDEX

RAILROADS AND INDUSTRIALS-INVESTMENT INTELLIGENCE.

Annual Reports are Indexed in Black-faced Figures. i Page. Page. Page. Pon 175 Century Ribbon Mills,Inc. Construction Co_ _ 178 Anglo-Persian 011 Co., Ltd-179, Brazil By A berthaw 618, 1054 Brazillan Trac. Light & Power 1182, 141? l'abitibi Pr. & Paper Co., Ltd...1278 294 Certain-Teed Products Corp.-- Plaster Co 79 Ann Arbor RR 409, 719. 1410 Company, Ltd Acme Cement 179 Brier Hill Steel Co_180, 414, 619, 717 Acme Steel Goods Co 1180 Ansco Co 140 718 Arco Co 179 939, 1280 Chalmers Knitting Co Adams Express Co Champion Coated Paper Co.- 826 Pr. & Light Corp_ _ _ 412 Arizona Commercial Mining Co., Brighton Mills Adirondack 618, 1054 Brill (J. G.) Co_299, 519, 619,1415 Chandler Motor Car Co-181: III Advance-Rumely Co 1407. 1439 1173 940, 1047, 1182 .Ahmeek Mining Co 412 Arizona Gas & Electric Co 1415 Arizona Power Co 1279 British-American Chemical Corp 300 Charlestown Gas & Electric Cola4 Air Reduction Co., Inc-__617, 181, 415,1819 825, 930. 1414 Arkansas Light & Pr. Co_-1181, 1415 British-American Tobacco Co., 618 Ltd 73, 725 Charlottesville & Albemarle Rya Akron Canton & Youngstown Arlington Mills 720 175, 615 Armour & Co_ _80,724, 825. 939, British Controlled Oilfields, Ltd.. 180 175, By 1279, 1415 British Empire Steel Corp_ _180, Chatham (The) Inc 1182 Alabama Great Southern RR., 1280 933. 1048 Armour & Co. of Del-_-80, 179. 939 725, 9.09, 1055, Cheboygan Light & Power Co_ Corp_725, 940 Checker Cab mfg. coranany_ ..4 Alabama Power Co_ ....178,_ _178, 517, 938 Armour Leather Co 825 British International Armstrong Cork Co 1181 Brooklyn Borough Gas Co_ _1280 82,6 940, 1055 Alabama Traction Co_ 74, 514, 933 719 Lt. & Power Co_- 175 Arnold, Constable & Co., Inc.-1415 Brook13 n City RR_ _175, 615, Chesapeake & Ohio RR_74, 175. Alabama Tr., Co__ Edison Co_ _300, 519, 514, 1048 Alaska Packers Association 412 Art Metal Construction 1181 Brooklyn 1048 Arundel Corp 413, 1415 619, 940 Chicago & Alton BEL-74, 822. Algoma Eastern By Heights RR 719 1176, 1274 Algoma Steel Corp 298 Asbestos Corp. of Canada. Ltd.. 939 Brooklyn 1180 Assets Realization Co 518 Brooklyn Queens County & Sub- Chicago Attica & Southern RE.. 1176 All America Cables,Inc 719 Chicago Aurora & Dekalb Elec- Alliance Realty Co 298 Associated Dry Goods Corp.. urban RR -1414 299, 1054 Brooklyn Rapid Transit Co-175, tric By 515, 933 Allied Chemical dc Dye Corp_ 719. 1273 City & Connecting Rye. Packers, Inc 413 Associated Gas & Electric Co., 615, Chicago Allied 299, 618. 724, 939 Union Gas Co_ _ _519, 619 Coll. Trust 513 Allis-Chalmers Mfg. Co__-178, 180, Brooklyn 1409 617, 938 Associated Motor Industries, Brown Comp tny 414 Chicago City By. Company 1278 Inc 299 Brown DurrellConmanY 81 Chicago & Eastern Illinois RY 74 Alms & Doepke Co 180, 1181 Inc Chicago Elev. Rye. Coll. Trust Aluminum Co. of America_ _723, 938 Associated Oil Co Brown Shoe Co., Atchison Torka & Santa Fe • Brownstein-Louis Company_ _ 619 515, 1410 Aluminum Goods Mfg. Co_ _ _ 79 76 Inc 298, 518 RY (E. 719, 1176, 1410 Brunswick-Balke-Collender Co_ 418141) Chicago Great Western RR Aluminum Mfrs., 413 Co 300, 414 Chicago & Indiana Coal By 933 Amalgamated Leather Cos., Inc. Atkins C.) Co Buckeye Pipe Line 1180, 1414 Atlanta Water & Elec. Pr. Co-_ 175 Bucyrus Company 1055 Chicago Indianapolis & Louis- 81 409, 1270 Amalgamated Sugar Co 1278 Atlantic Coast Line RR 821 Buda Company ville RR 1414 Atlantic Refining Co 299, 724 Budd (Edward G.) Mfg. Co_ _81, Chicago Alilwaukee & St. Paul Amarillo Oil Co 414 40., 515, 822 Agric. Chemical Co 1278 Atlantic Shore Ry-175, 294. 409, 615 By.... 75, Amer. Atlantic Works 1054 outlay Buds, Inc 019 Chicago North Shore & Mllwau- Amer. Audiscope Co 1414 619 •44 Co-723, 1053,1414 Atlas Portland Cement Co 1054 ...aai.au ueuerai alectric Co-.- kee RR 515. 615, 933, Amer. Bank Note Sub. Cos 724 sie r.rie Trac. Co__ 514 1048, 1274, 1410 Amer. Black Sea SS. Co 298 Atlas Powder Co. & 178 Atlas Tack Corp 825. 1054 .o14/...1U Isuenester & Pittsburgh Chicago & --- Amer. Blower Co C.) & Co-- 180 822, 933, Mb. 1176 294". 9.16--j Amer. Bosch Magneto Corp., Atwater (William ,aa -.4.'14, NorthwesternRY 723, 938, 1279 Auburn Automobile Co 80 lituiaiuet lisquehauna Chicago Peoria & St. Louis RR _si 1279 400, 933 720, 1274 Amer. Brake Shoe & Foundry Austin Machinery Corp_-1054, curp 409. Austin. Nichols & Co., Inc 618 Bucauye ripe Line Company- 820 Chicago Pneumatic Tool Co Co 179. 723, 1278, 1409 1416 723 Autocar Co 939 ....Lau Arlue.1.111111 Tool Co St 1182, Amer. Brass Co 414 & British Mfg. Corp., Auto-Knitter Hosiery Co., Inc., owe/Lea 'fire & Rubber Co Chicago Ry,Equipment Co-725 Amer. 618. 724, 939, 1415 orotiters 1182,'1280 938, 1180 1410 617. 716, 723 Autosales Corp 413, 519 LI Urlia (1'.,& Co_ _5194.11441415181 72.6, 9 u Chicago Railways 1275, Amer. Can Co Machine Co_ 820 & Pacific alse Amer. Car & Foundry Co 179 Avery Co 1181 ouirougus Atkin:1g Chicago Rock Island .ouater ...routers 519, 619 R.K. - - -75, 409, 720, 1176, 1401 Amer. Chain Co., Inc_ _ _ _938. 1275 1180, 1279 Babcooic & Wilcox Co.-939, 1415 ou61.4.1 HIAJA:011Uzt & Pacific By- 933 Chicago & State Line RR 519. 019 720 Amer. Chicle Co 723, 932, 1053 alason Park Co 1054 13 UIA.4:1 Copper & Zinc Co Chicago Surface Lines Baldwin ompany 618 .0atue 0/. superior Mining Co_ -- 94u Terre Haute & South- Amer. Cigar Co 1053 Chicago 175 1053 Baldwin Locomotive Works- -80, Lestrwuru-Juuaou Corp 180 eastern By Amer. Coke Co _1055, 141a Amer. Corn Products Export 180 413 618, 716, 724,939, Coke Corp_ Chicago Utilities Company ...74 Y 1181 1054, 1279 Chicago Warenouse & Terminal'. Ass'n of N. Refining 61 Amer. Cotton Fabric Corp_ - - - 29S- Baltimore Brick Co 1151 r•-iddo' Central 011 & Co 011 Co 179, 617 Baltimore Chesapeake & Atlan- la• Co--MU,. 940. 1181. 1272, Chicago ,It Western Indiana RR_ 409 Amer. Cotton 74 1313 1416 _ 725 Amer. Cyanamid Co 179, 518 tic RR 1280, Chicago Yellow Cab Co., Inc__ District Telegraph Co- 298 Baltimore Gas Appliance & Ciidei Knitting Company 1181 Chickasaw Refining Co 826 Amer. 1416 519 Amer. Druggists Syndicate-79, Mfg. Co 825, 1054 Calveras Copper Co 180, Chicoutimi (Que.) Pulp Co 179, 938 Baltimore & Ohio RR_ _74, 175. Ualnornia Baiting Co 1416 Childs Company 514 Amer. Elec. Pr. Co--514. 719, 1410 294, 615. 1273 Camorma cyaulue Co Chile Copper Co 181, 300, Co 298 Baltimore Tube Co 939 uotel Co 14164 415, 619, 940, 1055 Amer. Express caluornia _1055 Amer. Gas Co 938, 1053, 1279 Bangor & Aroostook RR--175, Cainornia-LMegon Power Co.. Chile Exploration Company__ & El. Co-518, 825. 1279 720, 1274 181, 1045, 1071 Copper Uo- -..725, 1055, 1280 Amer. Gas Chino 415 Amer. Glue Co 298 Bangor By. & Elec. Co_ -74, 1274 California Petroleum Corp-519.1055 Choate Oil Corporation Corp- -938, 1181 Barber SS. Lines, Inc 81, 1280, 1416 Gas Transportation Amer. Hardware 724 Cincinnati Amer. Hawaiian EIS. Co 1279 Barnet Leather Co., Inc California Telephone & Light Co 181, 11 82 & Leather Co. _618, Barney & Smith Car Co__413, Indianapolis & West- Amer. Hide 1181 Company Cincinnati 930, 938, 1414 825, Callahan Zinc-Le, ad 72C0.o ern Car Equipment Co 1182 Amer. Ice Co 179, 518 Barnsdall Corp--413, 518-618, Iti-5111.1280 Cincinnati Indianapolis & West- International Corp 518, 1054. 1181 & Arizona Mining Co.. RR 1176 Amer. Corp 618 Calumet ern 1055 938, 1170, 1196, 1414 Bartlett Hayward 81. 300, 519,010. 820. 940, Cincinnati Iron & Steel Co Amer. La Prance Fire Engine Bassick-Alemite Corp_825, 939, 1055, 1416 Cincinnati New Orleans at Texas aa 723, 938, 1414 1054, 1181 Mining Co., 933, 1048 Co., Inc 413 Calumet & Heels Pacific By Amer. Lace Mfg. Co 79 Bates Mfg. Co 414, 1416 Cincinnati'fraction Co--515, 1275 Laundry 'Mach. Co.... _79. 723 Baton Rouge Electric Co 74 South Chicago -300,519, 619 Amer. Co 413 Calumet & _By. Cities Service Co 1280 Amer. Lt. & Tr. Co_ _- _79, 511. 618 Bausch & Lomb Optical Co 12827 64 826, 1182,' Lime k Stone Co 938 Bawif Terminal Elevator Co., Company Co. (Indianapolis) ag Amer. 1415 Cambria Iron Citizens Gas Nab Amer. Locomotive Co_179, 413. Ltd Cambria steel Co--181. 1181, 1416 519. 518, 821, 938, 1053 Bay Sulphite Co., Ltd...1279 1514 181 Fuel Co. (Terre 618, Cumbriabe Gas Light Company.., Citizens Gas & Amer. Mach. & Pdry. Co 1053 Bayuk Bros., Inc-518, Baking Company.... :., 630016 Haute) 1182 825.938 724. 826, 939, 1279 ctunpbell 725 Amer. Mfg. Co 290 Campbell Soup Company Citizens Gas Light Co.(Quiac7)- Amer. Metal Co -413, 618, 825, 1279 Beacon 011 Company Company .725 Ice & Fuel company 725 Creamery Co 81, 1181 Canada Cement City 1416 Amer. Niagara RR 514 Beatrice Canada & Gulf Development City Investing Company Amer. Oil & Engineering Co_ -- - 179 Beech-Nut Packing Co__ -413, 1054 Lines_ 300 Light Company- 940 Mfg. Company 1055 CanCL.i aLstds. City Water & Amer. Pipe & Construction Co- 413 Belden -300, 619, Cleveland Brass & Copper Mills, 4 Co 413 Belden-Corticelli. Ltd 619 826. 1280 Amer. Pipe Mfg 826 1181, 1272, 1312 Inc Amer. Pneumatic Service Co 518 Bell Telephone Co of Canada Cincinnati Chicago & Co. of Pa....-180, Canadian Brill Co., Ltd 1280 Cleveland Amer. Pr. & Lt. Co_-413. 724, 1053 Bell Telephone Car & Foundry Co., St. Louis By 1176 Public Service Co 298 518, 826 Canadian Co.....181, 1280 Amer. Gas & Electric Co_ 826 . 415, 519 Cleveland Cliffs Iron Amer. Public Util. Co-518, 825, 1054 Beloit Water Cotton„.. Forgo Company. 181 1279 Berkshire Cotton Mfg. Co 81 Canadian Connecticut Cleveland Drop 415 Amer. Radiator Co 179, 415 Cleveland Elec. Ilium Co Rye. Co--175, 293, 514, Besse System Consoi Stores_ _ - _1054 Products - 415 Amer. American Motor Corp CaMnaidlisanLIntliustrial Alcohol Co. 181 Cleveland Metal 615. 821 Bessemer 300 (Elec.) By 0o_-822, 1048 Corp_ -518, 1414 724, 939 Canadian Locomotive Co., Ltd- Cleveland Amer. Republics _ National Itys----409, Clinchfield Coal Corp 826, Amer. Rolling Mill Co-79, 179. 413_ Bethiehem Steel Company__ - _1181 Canadian 1056,111280 _299, 408, a4111wr atm.720, 1176 Amer. Safety Razor Corp-179, Bethlehem Steel Corp_ Co.,Inc_ _..81. 298, 825 413, 518, 724 1181, 1271, Canadian Pacific Ry-175, 1170, Cluett Peabody.* 1279, 1308, 1415 p •10.404, 1410, 1435 62041058 Amer. Ship & Commerce Corp- -1279 Sissiboo Paper Co., Ltd.1056 Silk Spinning Co 413 Beverly Gas & Electric Co 1055 Canadian Western Natural Clyde & Amer. 414 Power Co Coca-Cola Co-...... 181. 415, 725, Amer. Smelting & Refining Co., Big Ledge Copper Co Light Heat & 826, 940 Bigelow-Hartford Carpet Co. Canadian Westinghouse Co.,L 6 298. 413, 518, 1043. 1068 "International Corp. Snuff Co 825. 938 414, 1055 Car Lighting & Power Co Gas...'W112810 480 Coca-Colal Amer. 939, 1055 )181 181, 300, 725, 1182 Amer. Steel Foundries 513 Billings & Spencer Co_826. Caracas Sugar Company 300 Co 413. 825, 1279 Binghamton (N. Y.) By 514 Carbon County By t615 Cockshutt Plow Co Amer. Stores -Marx Co 181. 300 Amer. Sugar Refining Co.-179. Birmingham By. Lt. & Pr. Co...... Carbon Steel Co 181, 3004415 Cohn-Hall 175, 294, 1274 (Del.) 81 Colorado Fuel & Iron Co-1056, • 724, 1170, 1181 Cardinal 011 Co. 1280 Tobacco Co- -1054 Birmingham-Tidewater Ry_294, 815 Clinchfield & Ohio By.. 74 1.444•14. 1172, Amer. Sumatra Carolina Co 1418 Amer. Super-Power Corp 618 Black & Decker Mfg. Co 81 Carolina Power & Light Co 415 Colorado Power Co 80, 1279 Black & White Cab Co., Inc 180 Yadkin River RR_ _4514 Colorado Wyoming & Eastern Amer. Surety Carolina & 933, 1048 Amer. Tel. & Tel. Co-179, 298, Blackstone Vatley Gas & Elec- Carpenter Steel Company 81 Railway 1064. 1181. 1279, 1414 tric Company 939 Sulphite Pulp & Paper Colt's Patent Fire Arms Mfg.Co 1280 1044, 1054, Carthage Co_415, -ate Amer. Tobacco Co--518. 939, Bliss (E. W:) Company 1279 Co 619 Columbia Gas & Electric 1172, 1279 Blumenthal (Sidney) & Co., Lac-1181 Works Co 181 725, 820, 826, 836,940, 1280 Case (J. I.) Plow Co a Type Pounders Co 298, Bole Grain Co., Ltd 1055 I.) Threshing Machine Columbia Graphophone Mfg. Amer. 1415 Case (J. .620, 1048 1181-, 1414 Bon Ami Co Co 1170, 1195 amt.. - 80 Boone(Daniel)Woolen Milbi,Inc. 519 175 Steel Corp__ _301. 415, 940 Amer. Vitrified Products Co..- Central Arkansas Ry.& Lt.Corp. Columbia 1182 Water Works & Electric Borden Company 81 & Coke Co-- -940, 1182 Columbia Textile Co- _520, 827, Amer. Central Coal 620, 14 - _80, 413, 618, 724. 1279, 1414 Border City Mfg. Company_ _ _ 619 of Georgia By 175 Columbian Carbon Co Co- Central 4, 1272, 1816 Wholesale Corp-298,413. 1054 Borg & Beck Company____519, 619 Light Co Amer. & Co 940 Central Illinois 181 Amer. Woolen Co_ _179, 298. Borne Scrymser Central Illinois Public Service1182 Columbian Hardware Co 1045, 1078, 1181 Boston & Albany RR 409 Co 181 Co 940, 1048 Columbian Mfg. Co_1050 Amer. Wringer Co 938 Boston Consol. Gas Co 180, 414 Indiana Power Co 300 Columbus McKinnon Chain Co 1414 Boston Elevated By. Co.....511, Central & Zanesville 44 al Amer. Writing Paper Central Jersey Power & LightCo.1416 Columbus Newark 1411 Ames-Holden-McCready Ltd 724 514. 1409 940 Electric By- __294, 409, 933, RR-720, 1176, Central Leather Company_929, 40o-175. 813 Ames Holden Tire Co., Ltd..._.. 179 Boston & Maine Mass. Electric Co 826 Columbus By., Pr. & Lt. Tire & Rubber Co.. 1269, 1410 Central Co. _ ...... 1280 Ames Holden Central New York Gas & Electric Commercial Cable 415 Ltd 179, 298 Boston & Montana Corp_ _414, 81 Commercial Chemical Co Co 179 1181. 1415 Co Co 181 Amoskeag Mfg. Central New York Southern RR. Commercial Credit 1280 Anaconda Copper Mining Co., Boston & Montana Develop- Solvents Corp_725. 1415 . Commercial -725. 80. 179, 298. 406, 518, 939 ment Corp RR 72704,.1641105 Commonwealth Edison Co Ry--1723 Boston Revere Beach & Lynn RR. 514 Central Pacific -294, eilltiare• 827, 940 Androscoggin & Kennebec Central Power & Light Co.. 30ô. stakesillsilasf Anglo-Amer. Commercial Corp_ 618 Boston Wharf Company 619 Hotel,Construc- & Street Ry_1410 940. 1416 Commonwealth 181 .Aneglo-Ameri. Corp. of 'South Boston Worcester 74, 720 Corporation 80, 413, 1054 Bowser (S. F.) Co., Inc 1279 Central RR. of N. J tion Pr. Co- 81 Africa, Ltd Centrifugal Cast Iron Pipe Co-.. 300 Commonwealth Lt. & Anglo-American Oil Co., Ltd-- 518 Braden Copper Mines Comapny. 619

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis JA/5.-MAR., 1923.] INDEX

Page. Page. Commonwealth Power Page. Corp_ _ __1056 Detroit Copper & Brass Rolling Fifth Ave. Bus Securities Corp. Havana Community Power & Light Co__ 181 Mills Tobacco Company Plagl 81 82, 1418 Hawkesbury Elec.Light Community Traction Co 75 Detroit Edison Co_182,301, 513,520 Fifth Ave. & Powr. Compania Cubans, Coach Co 1057 Ltd 727, 1184 1411 Detroit & Mackinac By 934 Fisher Body Corp_ - - -416, 521. HayesCo., Mfg. Concord Maynard & Hudson Detroit Pressed Steel Co_ -- -520, 827 Company_ _417, 1058 Street Ry 828, 942, 1057. 1281, 1418 Hayes Wheel Co____727, 829. 933 Detroit Toledo & Ironton Ry-75, 720 Fisk Rubber Co 416. 828, 929 Coney Island & Brooklyn RR 720 Detroit United By 610, 720 1282, 1419 Congoleum Fleischmann Co 82. 726, 1183 Haytian-American Corp...... 82, Co.,Inc 81, 181 Devoe & Raynolds, Inc 1280 Florida East Coast 942 Connecticut Co Diamond By 176, 295 Haytian Corp. of America 942 409, 720 Match Co 1280, 1417 Fonda Johnstown & Gloversville Hazel Atlas Glass Connecticut Light & Power Co. Dictaphone Co 520 Company 183 RR. 295, 928 Hecla Mining Company 943 519, 620 Dodge Bros 182 Ford Motor Co _82, Connecticut Mills Co., Inc_ 183. 302, Helena Gas & Electric Co 1419 ___ 415 Dome Mines, Ltd_182, 301. 416, 621, 726, 828, 1057, 1281, 1418 Helena Light & Connor (John T.) Co_ -181,620,- 827 621, 1056 Ford By. Co 515 Consolidated Motor Co of Canada 417 Helme (Geo. W.) Co_622, 718, Cigar Corp.. 620, Dominion Bridge Co 182, 292 Fort Dodge Des Moines & South- Dominion Power & Transmission 829. 1058. 1184 718, 827 ern RR 822 Hendee Mfg. Company_ __183, 1184 Consolidated Copper Mines Co.1416 Co., Ltd 515,941 Fort Smith Consolidated Gas & Western RR_295, Hercules Powder Company 716 Co. of New Dominion Stores, Ltd 301,941 515, 934 Hibbard Spencer York-181,301, 405, Dominion Textile Co., Ltd_ -301, 941 Bartlett & Co 415. 520, Fort Wayne Cincinnati & Louis- 417, 521 827, 1182 Donnacona Paper Co., Ltd_ _ ___ 416 ville RR 1275 Higbee Company Consol. Gas Elec. Lt. & Pr. Donner Steel Co 941, 1417 43 1184 Co. Exchange Place Bldg 828 Hillman Coal & Coke Co 943 725. 827, 105,4 14 16 Douglas Packing Co., Inc 1417 Foster & Kieiser Company 1281 Hitner's(Henry Consolidated Iron-Steel Douglas-Pectin Corp 1417 A.) Sons Oa 622 Mfg. Co. 181 Foundation Co_82, 183. 726. 942 Hocking Valley By 515 Consolidated Lt. heat & Pr. Co_ 940 Dow Chemical Co 621, 941 Freeport Consolidated Texas Co 1183 Hollingshead R. M.)Co 1282 Machine Tool Corp. Draper Corp 1183 Fried & Reineman Packing Co_ _1057 Hally Sugar Company.. Dryden Paper Co., Ltd _ _ _182, 1183 Fruit _ _ _943, 1282 620, 1182 Growers Express Co_942, 1057 Holt Renfrew & Co., Ltd _ _ _1282 Consolidated Pr. & Lt. Co_933, 1411 Dubiller Condenser & Radio Corp 416 Fulton County Gas & Electric Holyoke Consolidated Steel Dubuque Elec. Co 822, 1275 Street Ry- -410. 1177. 1411 & Iron Corp_ 520 Co 1184 Honolulu Consol. 011 Co 82 Consolidated Textile Corp-620, Duesenberg Automobile & Hotel Planters Consolidated 1056 Motors Co 301 & Theatre Bldg..- 727 Water Power & oir (Robert) Company 1057 Household Products. Inc_ _727, Paper Co 181 Duluth-Superior Trac. Co_822, 1049 Galina Signal 011 Company.._ _ _1047 Consolidation Dunlop Tire & Rubber Corp. of 1058, 1184 Coal Co., Inc..520, Gallipolis & Northern Traction Houston Lighting & Power Co 183 1272, 1314 America 301 Co 1411 Houston Consumers Du Pont American Industries, Oil Company-- -183,- 1184 Co 827 Gardner Motor Company 828 Howe Rubber Corp 829 943 Consumers Gas Co. of Toronto 520 Inc 726 Gary & Southern Traction Co 75 Hudson & Consumers Du Pont Chemical Co 726 Mahattan RR _410,.1270 Power Co 1416 Gaston & Co.,Inc 1281 Hudson Motor Car Co_417, 728. Continental Can Co_ - _ -81, Du Pont de Nemours (E. I.) & Gates Rubber Company 415, Co 715, 726, 827. 1183 621 1058 620, 717. 940. 1056, 1182 General American Refrigerator Humble Oil & Refining 0. 1184 Continental Gas & Du Pont de Nemours Export Co.. 726 Express Corp Electric Corp. 827 Du 1418 Hunphreys 011 Co 302, 1058 Continental Grocery Stores Pont Motors, Inc-827, 1056. 1417 Goner 11 American Tank Car Humphreys of Du Pont-Nobel Co 726 Pure 0110o 943 Pennsylvania, Inc 1280 Corp 82„ 183, 521. 1418 Humphreys Pure Oil Refineries Continental Guaranty Duquesne Light Co__ _182, 941, General Baking Co_ 942, Corp _181, 1416 1056, 1407,1417 727, 1057 Corp 943 Continental Mines, Ltd 620 General Cigar Co 612 Hunt Brothers Packing Continental Durant Motors, Inc_182, 827, 1056 General Co 622 Motors Corp_ _182, Durfee Electric Co_302, 417, Hunter Crucible Steel Co 522 Mills 182 828, 1281, 1418 Huntington 301. 718 Durham Duplex Razor Co 182 & Broad Top Mt. Continental 011 Co-81. 182, 301, General Fire Extinguisher Co_ - -521 RR.& Coal Co_ -176, 934, 1411 415. 620, 1280 General Fireproofing Co 942 Huntington Development & Gas Continental Paper agle (J. H.& C. K.). Inc 941 General Gas & Electric Products, Ltd1056 Ean Motors Inc 1057, 1183 Corp Co 1282 Continental Sugar Oo 725 828. 1281 Hupp Motor Car Corp. 183. 302, Contra Costa Earl Motors Mfg. Co 1183 General Motors Gas Co 941 East Bay Water Co Acceptance Corp 522 829. 943, 1047, 1184 Conveyors Corp. of America__ 1417 613 Hurley _1280 East Jersey RR.& Terminal Co- 515 General Machine Company 1419 Conway Realty Co 520 Motors Corp_183 417, Hutchinson Lumber Co. of Cali- Cooke East Ohio Gas Co 621, 1057 521,621, 726, (Geo. J.) Co 182 East Penn Electric Co 828. 1057. 1184, fornia 1282, 1419 Copper Export Association, 934 1272, 1300, 1418 Hydraulic Inc_ East Side Packing Co 1183 General Steel Company 522 81, 301 Petroleum - 521 Hydrox Corp 417, 1184 Copper Eastern Coke Co 182 General By. Signal Range Co 301 Eastern Connecticut Power Co. Co_521.Corp-- 727,1184 Corcoran (Thos. J.) Lamp General Refractories Co _ _ _417, 1281 Icy Hot Bottle Company Co. 182, 1417 General Tire & 1184 of Ohio 81 Eastern Cuba Sugar Rubber Co 183 daho Power Company___522, 1419 Corn Corp 726 Genesee Light & Power Co Products Refining Co-725, Eastern Manufacturing Co 1057 521 Ide (Geo. P.) & Co., Inc 1184 Georgia Florida & Alabama By.. 720 Illinois Bell Telephone 928, 1280 Eastern Marble Co 1281 Georgia By. 00_184, Corona Power & Water Co 1056 Eastern Massachusetts & Pwer Co_ _515. 417, 728 Cosden & St. By.. 615, 934, 1177, 1270, 1310 Illinois Co 182, 1056, 1416 295. 410, 615, 1177 Giant Brick Company 943 Coty, Inc Portland Cement Co_521, 621 Illinois Central RR _ 76, 620 Eastern Potash Corp 301 Gilbert & Barks 720,822. Counties Gas & Electric Co_ _ _.1182 Eastern Rolling Mills Co Mfg. Co 82 934, 1177, 1411 Ooze Bros. 1183 Gillette Safety Razor Corp_183, 716 Illinois & Co., Inc 620 Eastern SS. Lines, Inc 621, 941 Gilliland Coal Corp 943 Craddock-Terry Co Eastern Steel Oil Co 727, 1184 Illinois Electric Power Co 1282 520. 1175 Co 1281, 1418 Gimbel Brothers, Inc Crawford County Rys 1176 Eastern Steel Castings Co-941, 1183 1418 Illinois Glass Company 82 Creamery Glen Alden Coal Co 727 Illinois Northern Package Co 301 Eastern Steel Co 301 Glendale & Utilities Co_ _ 943 Crescent Insulated Wire Eastern Wisconsin Montrose By 934 Illinois Pipe Line Co 417, 1282 & Cable Electric Co_ Glenrock Oil Company Co., Inc 725 295, 410, 515 302 Illinois Power Company 1275 Crescent Pipe Glidden Company_ -521, 727, 942 Imp3rial Oil, Ltd 622 Line Co 415, 620 Eastman Kodak Co 621, 941 Globe Grain & Crooks Terminal Warehouses... 81 Edison Elec. Co.of New Orleans. Milling Co 942 Imperial Tobacco Co.of Canada, 182 Globe Rubber Tire Mfg. Co__ 1281 Ltd Crowell & Thurlow SS. Co-182,- Edison Elec. mum.Co. of Boston Goldsboro 184 Electric By 934 Imperial Tobacco Co. of Great 620, 1280 520, 1418 Goldwyn Pictures Corp Crown Cork & Seal Co 941 Edison Elec. Ilium. Co. of 828 Britain & Ireland 417, 829 Crown Cumberland, Goodrich (B. F.) Co_302, 417. 1046 Independent Oil & Gas 0o_829, 943 Reserve Mining Co„ Ltd. Md 1418 Goodyear Tire 941, Edmunds & Jones Co & Rubber áo.302, Independent Pneumatic Tool Co 1184 1182, 1416 726 417, 716, 727, 820, 828, Crucible Stee* Co. of America_ 725 Edna Gas Coal Co 416 942. Independent Sugar Co____417, 1058 Cruden-Martin Mfg. Eisenlohr (Otto) & Bros., 1057. 1418 Indlahoma Refining Co....1282. 1419 Co 1056 Inc.._ 621 Goodyear Tire & Rubber Co. Cuba Cane Sugar Co 182 El Paso Electric By 1411 of Indiana Bell Telephone Co_622, 728 Elder Mfg. California 942 Indiana Coke & Gas Co 1184 Cuba Co 295, 1049. 1411 Co 81 Goodyear Tire & Cuban-American Sugar Elder Steel SS. Co.. Inc_81, 726, Rubber Co. of Indiana Columbus & Eastern Co 415 Canada, Ltd 942 Cuban-Dominican. Sugar Co. 827, 834,1057, 1183 Gorton Traction Co--76, 515, 934, 1411 Electric -Pew Fisheries Co 82 Indiana Electric Corp 302 620, 728 Auto-Lite Co 1281 Gassard (H. W.)Co_ Cucamonga (Ca if.) Water Electric Bond & Share Co__81, _622, 942, 1184 Indiana Pipe Line 728, 1419 Co_ 620 Granby Consol. Mining Smelting Indiana Service Cudahy Packing Co 726 621, 941, 1057 & Power Corp 176, 934 Cumberland Electric Light & Power Co. of Co., Ltd_ ___302, 621 Indian polls Columbus & South- County Power & Grand Rapids By 1177 Light Co 75. Abingdon & Rockland (Mass.) Grand ern Traction Co 176, 295 822, 1176 Trunk By.of Cnada 720 Indianapolis & Northern Cumberland Electric By 1411 1057, 1281 Groton & Knight Trac- Cumber.and Pipe Electric Short Line RR 822 Mfg. Co 1057 tion Co 934 Line Co__ -.. -415, 621 Gray & Davis, Inc 1184 Indianapolis Cumberland Tel. & Tel. 0o-182, Electric Steel & Forge Co 520 Great St. Ry 822 Electric Storage Falls Power Co 1184 Indianapolis Union Ity..-295, 415, 1182 Battery Co-.. .Great Lakes Coal 515 Cumberland Traction 1173 Mining Co_ 727 Indianapolis Water Oo___1184, 1282 Co 1411 Great Lakes Endineering Works Industrial Cunard Terminal Corp 81 Electrical Development Co 1281 011 & Gas Co 184 Curran (J. Electrical Securities Corp_ _726. 1281 .1057 Industrial Salvage Company_ _ 728 E.) Corp 621 Great Northern Paper Co 521 Ingersoll-Rand Curtis Publishing Co 621, 1417 Elizabethtown Consol. Gas Co- 520 Great Northern Company...622, 943 Elizabethtown Gas By 295. 1177 Inland Steel Co-82, 522, 622, Curtiss Aeroplane & Motor Corp. Light Co 521 Great Western Power Co Elizabethtown Water Co...... 81 81 1281 728, 829 415, 827, 1182 Great Western Sugar Co 417 Indianapolis Cushman's Sons, Inc-182, 415, Elk Horn Coal Corp ____ 1418 Greeley Union Ry 176 Elliott-Fisher Co -Hudson Securities Corp- 82 Inspiration Consol. Copper Co 520. 827 1057 Greelock Company.. 829. Cuyahoga Building Ely & Walker Dry Goods Co..... 726 942, 1282 829. 943, 1058 Co 621 Green Bay & Western RR 515 Insurance Co. Cuyamel Fruit Co Emerson-Brantingham Co_ - - 941 Green Star of No. America 184 415 Empire Gas & SS. Corp 302. 1057 Interborough Consol. Corp_295, Fuel Co_621,-- Greenfield Tap & Die 822 Dallas 1057, 1183, 1418 Corp_727 1184 Interborough Rapid Transit Co Railway 1411 Greylock Mills 82 aniels Motor Co Empire Steel & Tube Corp 416 Groton 76, 176, 295. 410, 515, 934, 301, 416 Endicott-Johnson & Stonington St. Ry_76, 615 1049, 1177, 1275, 1411 Danville Traction & Power Co.... 515 Corp _182, 302, Gulf Colorado & Santa Davidson 409, 621, 726, 827, 1057 Fe RR _ _1275 International Agricultural Corp 418 (Lynch) & Co 182 English Gulf Mobile & Northern RR_ _ _ _1177 International Davies (William) Co., Inc Electric Co. of Canada. Gulf Oil Cement Cor- - 82, 416 Ltd Corp 183, 1046 728, 829. 1283. 1419 Davis Coal & Coke Co 520 81 Gulf States Steel Co_ -417, 828, Davis-Daly Enterprise Mfg. Co. of Pa 1418 1057 International Combustion En- Copper Co--.182, Equitable Ilium. Gustafson-Spencer Tank Car gineering Corp 520, 613 Gas Lt. Co.._ 416 Corp 943 Dayton Equitable Office Bldg. Corp 301 1282 International Cotton Mills 1419 Rubber Mfg. Co 827 Erie RR_515, International General Electric Dayton Toledo & Chicago Ry.. 720, 822, 1177, 1411 Habirshaw Electric Escanaba & Lake Superior RR... 515 Cable Co Co., Ltd 1419 75, 822 Euclid-Doan 183.942 International De Beers Mines., Co 941 Hall Switch - Great Northern Consol. Ltd. Eureka Co & Signal Co 622 RR.--76, 176, 615, 934, 182, 827, 941 81 Hamilton-Brown Shoe 1049, Eureka Pipe Line Co_ __82, 416, 520 Co.. 302. 1177 Decker (Alfred) & Cohn, Inc 301 Eureka 942, 1282 International Deere & Co Smelting & Mining Co_ 82 Hamilton Harvester Com- 726 By-Product Coke Ov- pany.. _ 1045, 1076 Delaval Separator Co ens, Ltd 81 Veber, Coe & Gregg, Inc 302 1282 International Lamp Corp 522 Delaware & Hudson Co_75. 175, 934 air (The) Hamilton Mfg. Company 417 International Delaware Lackawanna 182 Hamilton Woolen Nickel Co___184, & West- Fairbanks Morse & Co 1183 Co 521, 622 622, 728 ern RR--75, 890, 934, 1275, 1411 Falcon Hammermlll Paper Co__ _ -183, 1282 International Delaware Steel Co 1281 Hammonton By 515, 935 Susquehanna & Schuyl- Famous Players-Canadian & Egg Harbor City International Salt Co kill RR Corp., GGas Co 418 615 Ltd 621 1282 International Shoe Co _ _73, 184, Dennison Mfg. Co 1417 Famous Hanes (P. H.) Knitting Co 1058 Denver Dry Goods Players-Lasky Corp Hanna 408, 418, 1185 Co 182 182, 302,416, 726, 1170, (M. A.) Company 1184 International Silver Co 829, 943 Denver Gas & Electric Light 1194, 1418 Hannibal By. & Electric Co_ Farr Alpaca Company 416 Co...... - 176 International Steel Tube Co 301. 726 Farewell Mills Hanover Lunch, Inc 622. 829 Denver & Northwestern 302 Hanover Power Company 184, 1185 Ry...... 720 Fay Taxicabs, Inc- _ -827, 1184 Interoceanic Ry. of Mendco 1049 Denver & Rio Grzinde RR 941 1057 Harbison-Walker Refractories Inter 1049 Federal Adding Machine Co- 183 Co -State Electric Corp 1185 Denver & Rio Grande Western Federal Adding 1282 Inter-State Iron & Steel Co RR_ __75. 295, 409, Machines. Inc Hardy Coal Company- 1185 1176, 1275 416, 1281 -1058. 1419 Inter-State Public Service Co Denver TramwayCo _720, 1049, 1176 Federal Harlem Valley ElEectric Corp 302 Lancaster Electric Co.. Inc 1183 Harley Company 515, 935. 1049, 1411 Depew & Light Power Federal Light & Traction 183 Inter-State RR 176 & Conduit Co 81, Co Harrnony Mills 942 Inter 520 720, 822, 1177 Harrow -State Rya 176 Derby Oil & Refining Corp1280, 1417 Federal Mining Motor Corp 82, 183 Intertype Corporation Dory & Smelting Co 726 Hart Schaffner & Mark 303, 943 (D. G.) Corp 827, 1417 Federal Motor Truck Co ---183. Interurban By.& Terminal Co__ 76 Des Moines & Central Iowa --726, 1183 408. 417, 1282 Iron Federal Sugar Refining Co--82, Hartford Cap Copper Co 622 Electric Co 75 City Gas Light (Jo...... 417 Iron Products 183. 521, 942 Hartford Electric Light Corp 728, 829 Des Moines & Central Iowa RR- 295 Federal Telegraph Co 417 Iroquois Gas Corp 522 Des Moines Company_ 82 Hartford Fire Insurance Co.417, 1058 City Ry 176, 1275 Federal Valley RR 934 Iroquois Natural Gas Co...... 82, 522 Detroit Bay City & Western RR.1275 Hartford & Springfield St. By...... 515 Island Creek Fendrich (H.) Inc 302 Hartman Corp_183, Coal Co_184,1185,1419 Detroit & Cleveland Navigation Fensland Oil Co., Inc____ 621, 622. 1184, 1419 Island Refining Corp 303, 829 Co 726 Hawaiian Commercial & Sugar Island 827 Field (Marshall) & Co 82 Co Warehouse Corp 829 1282 Isle Royale Copper Co 829

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis 1. ZIT INDEX [VoL. 116-PART

Page. Page. Page. Page. Ksabbett (Geo.) & Sons Co- 729 Montreal Insurance Exchange Newton (Geo. B.) Cool Co 1080 Italian Vineyard Co 184 305 (N. Y.)Traction Corp..- 615 placAndrews & Forbes Co_ --_-1283 Building 522 Newton Fails Paper O. Ithaca Mack Trucks, Inc 1170, 1193 Montreal Light. Heat & Power Newton Steel Co.. 945. 1187, 1284 Co 418 Mackay Companies 728 Consolidated 419, 522, 623 Niagara & Erie Power Co-_185, 1188 gamison Coal & Coke Niagara Palls 729 Jefferson & Clearfield Coal & Macy (R. H.) & Co.. Inc 1420 Montreal Tramways CO.....721, 935 Power 041-.419, 622 Madison 1411 Montreal Tramways & Power Co.935 Niagara Gas Corp 84 Iron Co 184, 303, Railways Niagara & Ontario Jenkins Bros 622 Madison Southern Ry 616 Moon Motor Car Co., 185. 419, Lockport Traction Co 176 Magma Copper Co 1186 729, 945. 1060, 1284 Power Co 1188 Jersey Central By...... Niles-Bement-Pond Co--624. 1060 Jewel Tea Co.. Inc 1185 Magna Metals Corporation- 1186 Morgantown & Wheeling 823 184 Magnolia Petroleum Co-1186. 1420 Morris & Co 1284. 1421 Ninth Ave. ER.(N.Y. CO 1050 Johnson Fare Box Co Co., Ltd., Johnstown & Stony Creek RR 615 Magar Car Corporation 522 Morris(Philip) & CO.. Ltd., Inc. 1187 NipissIng Mines Co-- --515. 1411 Mahonlng Investment Co_ - 623 Morris County Traction Co---- 516 185, 1060, 1284 Johnstown Traction Nobel Industries. Ltd 729 Jones Bros. Tea Co.. 303, 822, Maine Central RR_1269, 1275, 1406 Morris & Somerset Electric Co., 944, 1185. 1419 Malden & Melrose Gas Light Co. 623 419, 1284, 1421 Norfolk & Western Ry., 176, 413. 609, 721, 1269. 1295 Jones & Laughlin Steel Co., 184, Mallinson (H. It.) & Co., Inc. Morrison Metal Stamping Co.- 185 522, 612, 944 292, 830 Morton (Leonard) & Co., 914, North Alabama Traction Co_ 77 Mammoth 011 Co 830 1187, 1284 North Amen :in (Jo., 84, 729, Joplin & Pittsburgh Ry 1411 831, 928, Jordan Marsh Co 82 Monad Sugar Co 73, 174 Mossberg (Frank) Co 83) 930, 1030, 1285, 1421 Manchester Traction, Light & Mossor (Wm. F.) Co 523 North American Proridon Co-1421 Joseph & Feiss Co 829 North Mills 418 Power Co 1275 Mother Lode Coalition Mines American 011 00.._1-305, 524 Judson Bridge 3-Cent Line Co 185, 623, 1060 North Bostoa Lighting Proper- Manhattan ti,, alamazoo Vegetable Parch- RR 296 Mother Lode Copper Mines Co-- 185 419 Manhattan Piggly Wiggly Corp. Motor Wheel Corp 729, 830 North Carolina Public Service K ment Co 1283 Co Kaminfatiquia Pulp & Paper 623, 830 Mountain Producers' Corp 1060 1412 Manhattan (Elevated) Ry...176. Mountain States Telep. & Teleg. North Co mit Power Co 945 t CO 184 North G rman Lloyd S. Kansas City Mexico & Orient 296, 516, 822. 1049, 1178. 1411 Co 1187 EL.Co- 185 515. 720 Manhattan Shirt Co 173, 623 Mullins Body Corp 945 North Missouri Power Co 185 RR Co Municipal Service Co 935 North Saskatchewan Land Co., Kansas City Power & Light Co., Manila Electric 935 Ltd 1185 Manila Electric Corp 822 Murray (J. W.) Mfg. Co 623 186 418, 522, 1046, 1074, Northern Indiana Power (3o_..--1188 Kansas City Power Securities Manila Elec. RR. & Ltg. Co-- -1050 Muscle Shoals Birmingham & 1177 Manufacturers Light & Heat Co.. 830 Pensacola Ry 721 Northern Massachusetts Street a Corp Manville Co 83 Muskogee Electric Traction Co_ 77 Ry 516 Kansas City Structural Steel Northern 622 Maracaibo 011 Exploration Mutual 011 Co_ __185, 301, 523, 1284 New York Telephone Co 83, 303,Corp. 418, 729 Corp 524, 1060 Kansas & Gulf Co_ _ _ _184. 418, 622 Northern Ohio Elec. Corp 292 Kaufmann Department Stores, Marconi's Wireless Telegraph Marragansett Electric Lighting 1283 Co., Ltd 185, 1420 II Co 1060 Northern Ohio Traction az Light Inc Marietta & Vincent RR 935 Nash Motors Co 173, 185, 945 Co 410, 1050 Kearns-Gorsir h Bottle Co 184 Northern Pacific RR., 177. Co 1419 Marine 011 Co 303 Nashua Mfg. Co 83, 185 296, Kellogg(M. W.) Electric RR 721 410. 516, 609. 722 • Kelley IslandLime & Transport Market Street -176, 410. 1178 Nassau 1185 Marland Oil CoRy__--623,1186. 1283, 1420 Nassau LIght & Power Co 83 Northern Pacific Terminal Co. Co Marlin-Rockwell Corp 1283 National Acme Co 1187, 1281 of Oregon 410 Kelly Springfield Tire Co., 41-8. Northern Pipe Line 728. 820, 835, 1185. 1283 Martin-Parry Corporation 1283 National Biscuit Co.... _292, 304. 945 0o_.....419, 831 Maryland Delaware & Virginia National Breweries, Ltd 1187 Northam Redwood Lumber 00-1421 Kelsey Wheel Co 1283 Northern Securities Co 173 Copper Corp 1058 RR 76, 296 National Candy Co 1060 Kennecott Mason City & Fort Dodge RR_ 76 National Cast Iron Pipe Co 301 Northern States Power Co., 84, 1188 Kentucky Midland RR 76 Northern Texas Electric Co 722 Kentucky Securities Corp 935 Mason Tire SG Rubber Co...522, 1059 National Cloak & Suit Co., 83, Massachusetts Cities Realty Co.. 522 523, 612. 624,830. 1060, 1187, 1421 Northumberland County Ry 410 Kentucky Utilities Co 944, 1058 Northwestern Bell. Telephone Electric Co 76 Massachusetts Consol. Min. Co_1186 National Coal Corp 523 Keokuk Massachusetts Oil Refining Co-- 945 National Conduit & Cable Co., Co 831 Keystone Telephone Co.. 184. 1185 Northwestern Electric Service Furniture Co 1058 Mathieson Alkali Works. Inc_ 945 624, 830, 945, 1187 Kiel Maxwell Motor Corp 1059, 1409 National Department Stores, Co. of Pennsylvania 1178 Kilbourne & Jacobs Mfg. Co..-- - 829 Northwestern Ohio Ey.& Pr.00. 823 Kinloch-Bloomington 'Telephone May Department Stores Co-522, Inc 523, 624, 1060, 1421 945, 1283 National Enameling & Stamping Northwestern Pennsylvania Ry-1178 Co1185 Northwestern Terra Cotta Co., Kinloch Telephone Co 829 McCall Corporation 830 Co 831. 945 McClurg (A. C.) & Co 303 National Farming Machinery 419, 1060 }Kinney (G. It.) Co.. Inc 1420 Northwestern Y06E4 Co 1188 Lumber Co 82 McCord Manufacturing Co 1058 Co., Ltd 1060 Kirby McCord Radiator & Mfg. Co. of National Fireproofing Co- 831, 1187 Norton Co 186 Kirby Petroleum Co 728 Norwood Engineering Co 419 Kokomo Marion & Western Maine 1058 National Fuel Gas Co 1187 McCrory Stores Corp-_303, 728, National Grocer Co 523 Nova Scotia Steel Is 00.11 CO., Traction Co 1177 Ltd 305 (S. B.) Co., 184.522. 622, 830. 1059, 1186 National Lead Co...... -624. 945, 1187 Kresge McIntyre Porcupine Mines, Ltd. Leather Co 1421 Nunnally Co 613 109:0-1 944. 1058 National Kress (S. H.) & Co., 184, 820, 522, 728, 1186. 1283 National Licorice Co 523 830, 1058 McPhee Sc McGinnity Co-- -418, 728 National Motors Corp.304, 1060,1281 r%gdensburg Street By 936 P. Mekoosa-Edivards Paper Co.. 830 National Oil Co 83 %JAW Body & Blower Co-- - - - 524 Kroehler Mfg. Co 418 Onlo Brass Co 1188, 1421 Kroger Grocery & Baking Co 1283 Memphis Gas & Elec. Co--_303, 418 National Plate Glass Co 1421 Memphis Power & Light Co_ - 418 National Power & Light Co 1281 Ohio Fuel Oil Co 186 p., Ohio Fuel Supply Co.. 186, T Rose Mines, Ltd 1058. 1185 Mennen Co 1283 National Rya. of Mexico 410 305, a Stores Co., Ltd--- 419 1060. 1285 &ogled° Gas Light Co.. 184. 303, Mercantile Co., Inc.1283, 1420 National Steel Car Ohio 622, 728, 944 Mercer Motors Co 1420 National Sugar Ref'g Co ..185, 814 Leather Co 188, 1060, 1188 82 Merchants' a: Miners' Transpor- National Supply Co., 304, 523, 1060 Ohio Northern Gas 0o--624, 831 Laclede Steel Co Ohio Oil Co 186, 524, 831 Lafayette Street Ry.. Inc 516 tation Co 1283 National Surety Co 523. 831 Merchants Shipbuilding Corp.. 185 National Transit Co., 419, 831, Ohio Power Co 186 LaIdlaw Bale Tie Co.. Ltd 418 Ohio Public Service Co., 729, Erie & Western RR., 76, Merck & Co 1283 1187, 1284 Lake Merrimac Chemical Co 1186 Naumkeag Steam Cotton Co....304 1188, 1285 Pv- 176, 1275 Ohio River Elec. Ry. di Pr. Co 77 Lake Shore Electric Ry 822 Merritt 011 Corporation. -185, 303 Nebraska Power Co 419. 945 Power Co 728 Mesaba Railroad 176 Neild Mfg. Corp 1421 Ohio State Power 00 524, 624 Lake Sunapee Corp Ohio Traction Co 410 Lake Superior Corp 303 Metal Sales Corporation-945, 1059 Nevada-California Electric Co_ 410 Metropolitan Eon Co.....-623, 831. 1060, 1421 Oil Lease Development 00-945, 1188 Lancaster County Ry.& Lt. Oklahoma Gas St Electric Co...... 305 Landis Machine Co 83, 418 729. 1186 Nevada Consol. Copper Co 1060 Metropolitan 5-50c. Stores, Inc. New Amsterdam Gas Co 1187 Okiah Ana General Power Co., Laurentide Power Co., Ltd 944 624, 832 Lawrence Gas Co 1058 552, 729, 1186 New Bedford Gas & Edison Light Mexican Eagle 01100., Ltd.185, 1186 1284 Oklahoma Producing 4 Refining Lawton Mills Corp 1185 Co Corp 832, Mortgage Co 184 Mexican Petroleum Co., Ltd New Cornelia Copper Co.. 84, 1285 Lawyers 523, 624, 1060 Oklahoma Rv 1178 Lee Rubber & Tire Corp 1058 303, 419 Old Portland Cement Co- 303 Mexican Railway Co 77 New Dominion Copper Co 831 Colony Woolen Mills Co-- 419 Lehigh Mexican Southern Ry., Ltd _1050 New England Co. Power Sys- Old Dominion Co 84, 624, 1061 Lehigh Valley Coal Co 622 Old Dominion Power Co 186 Valley Coal Sales Co 622 Mexican Telep. & Teleg. Co 945 tem 1284, 1421 Lehigh Mexico Consol. MM.& Smelt.Co 623 New England Confectionery Co. 624 Old Dominion Transportation 00.945 Lehigh Valley RR____410, 615. 1049 ()aver Iron & Steel Corp 186 Lehigh Valley Transit Co 516 Mexicl Tramways Co 721 New England Oil Corp 419. 523 Co., Michigan State Telephone Co. Now England 011 Refining Co., Onemea Sugar Co 84 Lehigh & Wilkes-Barre Coal "Onyz" Hosiery, Inc 83. 303, 522, 728, 1185 83, 1186. 1283 304, 419, 524 945 Michigan Tanning & Extract Co.1283 New England Power Co 1187 Orange County 'Traction Co-.- 936 Lever Bros. Co., Ltd 1185 Orenda Smokeless Coal Co 524 Libbey-Owens Sheet Glass Co 622 Michigan United Rys. Co_ _721, 935 New England Telep. & Teleg. Middle States 623, Co 524, 614 Oriental Development Co 1421 Libby, McNeil & Libby 944 011Corp-304. Orono Pulp & Motor Car Corp---83. 944 830, 945, 1059, 1186, 1284 New Idrla Quicksilver Mines, Paper Co------186 Liberty Middle West 419 Orgheum Circuit, Inc 729, 946 Liberty Steel Co 418 Utilities Co.. _419, Inc Co Bureau of N. J. & Sub. 1059. 1178, 1421 New Idris. Quicksilver Mining 00.304 186 Library Middlesex Water Co Jersey & Pennsylvania Otis Steel Co 946, 1081 Cos 622 522, 623 New K.) Co 944 Midi RR.(France) 176 Traction Co 1412 Ottawa Electri! Ry 411 Liggett (Louis & Light Co., Ottawa Silica Oo 186 Liggett & Myers Tobacco Co., Midvale Co 1421 New Jersey Power 184, 981, 1185 Midvale Steel & Ordnance Co. 304, 831.1284 Ottumwa Ry. & Lt. Co------616 Street Ry 176 303, 623, 830, 945, 1059, 1186 New Jersey Zinc Co 524. 1421 Owens Bottle Co 524, 1047 Lima City Midwest 011 Co 1187 Orleans Ry. & Lt. Co-516, 616 Lima & Defiance Ry 1411 New Coast Steel Co Locomotive Works, Inc., Midwest Refining Co 522 New Orleans Texas & Mexico Ry.616 84 Lima Miller Ruober Co River Co.. 419. 524, 729, 1187 PL acific Development Corp llgg 1058, 1283 1059 New By 296. 1049 Milton Manufacturing Co 1059 New York Air Brake Co.. 915, Pacific Electric 936 Lima-Toledo RR 173, 1187 Pacific Gas & Electric Co., 84, Lincoln Motor Car Co.,184.522. Milwaukee Elec. Ry.& Light Co. 623, 1185 77, 616. 721, 035, 1050 New York Canners, Inc.419, 186. 305, 420, 624, 729, 946, 1061 418 Minneapolis Gas Light Co...185, 522 928: 934, 1060 Pacific Light & Power Corp 946 Lindsay Light Co 303, 1412 Pacific Lighting Corp 729 Brothers Corp 83, 303. 1058 Minnerapolls & St. Louis RR...77, 928 New York Central Lines- -176, Lit 1283 Minneapolis St. Paul & Sault Ste New York Central RR 176 Pacific M di S. S.Co _1189 Live Poultry Transit Co Louis Pacific Mills ----84, ------Lockwood, Greene & Co.. Inc., Marie Ry 516 New York Chicago & St. 729 Minnesota Gas & Elec. Co 522 RE.. 296,721, 936, 1050. 1178. Pacific Power & Light Co 305 303. 830. 944, 1185 Pacific Southwestern RR Boston Theatres Co 303 Minnesota Utilities Co 419 1275, 1412 -616 823 Loew's & Alabama RR 935 York Consolidated RE 721 Pacific Telephone & Telegraph Loew's Ohio Theatres, Inc 728 Mississippi New Co 418, 944, 1186. 1283 Mississippi Export RR 176 New York Lackawanna & West- 305, 832 Loft. Inc Mississippi Glass Co 1284 ern By 410. 1276 Package Machinery Co 1188 London Street By 1411 Trac- Packard Motor Car Co., Gas Co 944, 1420 Missouri Kansas & Texas RR., New York & Long Island 84. 186, Lone Star 823, 1178, tion Co 616 624, 730 Long Island Lighting Co., 83, 77, 176. 616. 721, Shaw, Inc 184, 944 1405, 1411 New York Municipal Ry. Corp- 721 Page & 420 Haven & Hart- Paige-Detroit Motor Car Co., Island RR 296, 1275 Missouri Pacific RR • 1411 New York New Long 1058 Missouri Utilities Co 1059 ford RR., 77, 296, 410, 616. 721 187, 1061, 1188 Loose-Wiles Biscuit Co...... 944, Shore Trac- Pan-American Petroleum & Taylor 944 Mobile Gas Co 1187 New York & North Lord & Mobile & Ohio RR., 410, 715, tion Co 176 Transport Co 84, 420, 1188 Lorillard (P.) Co 830, 929 Ry., Paragon Refining Co 298 Gas & Elec. Corp_ _1186 721. 1050 New York & Queens County Los Angeles Modern Glass Co 1284 Rye410,.296 516 Parish .9z Bingham Corp., 84 Los Angeles Lumber Products 1050 524, 1285 184 Mohawk Valley Co 616 New York SS. Co Moline Body Corp 1187 New York Shipbuilding Corp...... 1187 Park City Mining & Smelting Los Angeles: Pacific RR 1178 Co 1061 Railway 935 Moline Plow Co 1059 New York State Gas & Electric 946, Los Angeles Rubber 185, 729. 945 Park Row Building 1421 Angeles Union Stockyards Monatiquot Works Co-1421 Corn Los 303 Monomac Spinning Co 1284 New York State Rya., sn, 936. 1178 Parke Davis Co '624. 730, 1188 Co Power & Ry York Steam Corp- -945. 1188 Pasadena Hotel Corp 420 Louisiana & Northwest R11.176. Monongahela 616 New 822, 935 Monongahela West Penn Public New York Telephone Co., 185, Passaic Cotton Mills 305 Service Co 616. 935 524. 624, 1188 Paulista Ry 1050 Louisville Gas & Electric Co-- -1283- -1284 Peekskill Lighting & RR. Co 1412 Nashville RR .410. Montana Power Co 83, 1187 New York Title & Mortgage Co Louisville & Ry.Co 1275 New York Transit Co_419, 831, 1060 Peer 011 Corp.. 187, 420, 624, 1189 720, 822. 935, 1178. 1275 Montana Motor Corp., 822, 1275 Montana By 77 New York Transportation Co--1284 Peerless Truck & Louisville Railway York United Hotels. Inc., 730. 1285 Mfg. Associates 184 Montgomery Light & Traction New Ludlow 944 Co 176, 935 624, 729 Peninsular Railway 576 Lndlum Steel Co Mfg. Co 185 Penmans, Ltd 624, 1189 M.). Inc 1058 Montgomery Light & Water Newmarket LuPton (F. 83 Power Co 185. 945 Newport NOW's & Hampton Ry., Penn Central Light & Power Co. Lupton's (David) Sons Co 936 84. 187, 305, 420. 1061, 1285 St Elec. Co..1420 Montgomery Ward & Co.. 83, Gas & Electric Co Luzern()County Gas 512, 522. 945 Newport News Shipbuilding & Penn Mary Steel Co 84 Healy. Inc 185 Service 1061 Lyon & 728 Montreal Cottons, Ltd 1060 Dry Dock Co 524 Penn Public Oorp-420. LYons Petroleum Co

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis JAN.-MAR,1923.1 INDEX XV

Page. Page. Page. I Page. Penn Seaboard Steel Corp-305, Ranger Refining & Pipe Line Co- 525 Smith Springfield 420. 730, Body Corp... 85 Tennant Finance Corporation..1191 1189 Rapid Transit in New'York 01.t7. Smith & Wesson, Inc 188 Tenn. Alabama & Georgia Ry-- 823 Penney (J. 0.)0... Inc-- -305. 77, 411 Snider 832.1061, (T. A.) Preserve Co_421. 1062 Tennessee Coal, Iron & RR-308, 1189 Raritan Refining Co 420 Solar Refining Co 1062, 1190 1178, 1424 Pennok Oil Co 730 Raven Run Coal Co 1422 Pennsylvania Coal & Coke Corp. South Carolina Gas & Electric Tenn. Copper & Chem.00-422. 1063 Ray Consolidated Copper Co._ -1062 Co 78. 84, 420, 832. 1421 Ray 177, 516, 1051 Tenn. Elec. Pow.Co. & Attil.Cos 722 Pennsylvania Hercules Mines,Inc ___ --1189 South Manchuria Ry 616 Terminal Ry. Assn. of St. Louis Edison 0o_ _624,832 Reading Co 177, 516, 823, 1051 South Utah Pennsylvania Knitting Mills Mining & Smelting 1178, 1412 420 Reading Iron Co 85. 625, 946 Co 626 Terminal & Town Taxi Corp-- 86 Pennsylvania St Mich. Realty Co. 84 Reading Transit Pennsylvania-Ohio & Light Co__ _- 823 Southwest Pa.Pipe Lines- .422, Terre Haute Indianapolis AL Eas- Power & Lt. Realty Syndicate Co 420 Co 296, 411, 722 526. 947 tern Traction Co--- _516, 823, 936 Pennsylvania Reece Buttonhole Machine Co_ _1062 Southern Arizona Power Co...... 142 3 Texas Co 86, 189, 1173, 1287 Power & Light Co. Reece Folding Machine Co 1062 Southern 624 California Edison Co. Texas Gulf Sulphur Co 612 . Regal Shoe Co 1189 188, 626, 833, 947 Texas Pacific Coal & Go 189 Pennsylvania RR 177. 41 12851, Reid 00 616, 936, -Cashion Land & Cattle Co_ 730 Southern California Gas Co 626 Texas & Pacific Ry-411,722, 1276 1050, 1178, 1276, 1412 Reis (Robert) & Co...... l87, 730. Southern Coal & Pennsylvania Rubber Co 187 Iron Co 731 Texas Sugar Refining Co 948 Pennsylvania 833, 1286 Southern Counties Gas Co 188 Textile Securities Co 189 Salt Mfg. Ce 1285 Reliance Manufacturing Co__ Southern Pennsylvania Water & Power Co. 187 Ice & Cold Storage Co- 421 Third Avenue Ry.(N. Y.City). 936 Remington Typewriter Co..730, Southern Indiana Gas & Electric Thomas Iron Co 86, 306 187, 511, 524, 523, 1061 Co Peoples Gas Light & Coke Co. 833, 1190 516. 1051. 1412 Thompson (John R.)0o 86. 526 Renfrew Manufacturing Co_625, 730 Southern Minnesota Gas & Elec- Tidal Osage Oil Co 1424 84. 524, 614 Reo Motor Car Co 947 tric Co Peoples Incandescent Light Co 1189 525 Tide Water Oil Co--86, 1191, 1287 Pegoples Natural Replogle Steel Co 947, 1286 Southern New England Tel. Co-. Tide Water Power Co-177.823. 1412 Gas & Pipeage Republic Iron & Steel Co ..308. 420 626, 731 Tidewater Paper Mills Co 422 Peoria & Eastern 421, 525. 611, 628, 1286 Southern New York Power & Tiffin & Fostoria Ry 516 Ry- _516, 722. Republic Laboratories, Inc 947 Railway Corp 936, 1050 617 Tiffin Fostoria & East. Elec. Ry_ 516 Pere Marquette Republic Motor Truck Co., Inc. Southern Pacific Co_ _ _516, 722, Tillotson(W. E.) Mfg. Co., Inc_ 626 Ry--_-77, 823, 421. 1422 823, 936. 1051 Timken Roller Bearing Clo_422, 1063 1276, 1412 Republic Rubber Southern Peshtigo Paper Co Co 1082, Pacific RR 177, 296 Tindal-Morris Co 189 730 1190. 1422 Southern Pipe Line Co 421, 526 Tiona Refining Co 948 PetroleumIron Works Co 1189 Reynolds Spring Southern Pettibone-Mulliken Co 613 Co___306. 421, Phosphate Corp.1190. 1423 Titusville Forge Co 422 Phila. 525, 1190 Southern Ry_ ..510, 936, 1051, 1178 Tobacco Products Corp 86, & Camden Ferry Co-_84 1422 Reynolds (R. J.) Tobacco Southern Philadelphia 296, Co__ 292 Sierras Power Co 731 626, 1174, 1191, 1287. 1424 ComPanT-177. Reynolds Wire Co 187 Southern Spring Bed Co 85 Toledo Edison Co 306. 626 616, 936, 1050, 1178. 1276, Richardson Co Southern 1407, 1412. 1437 625 States Oil Corp_ _ _ _85, Toledo St Louis & Western RR. Philadelphia Richmond Fredericksburg & Po- 526, 626, 833. 1190, 1288 78, 177, 296, 1277 Electric Co--305. tomac RR 296, Southern (Bell) 420. 624, 1421 516, 722 Telep. & Teleg. Toledo Tmc., Light & Pow. Co_ 617 Philadelphia Richmond Hosiery Mills 1062 Co 731, 1190 Tonopah-Belmont Devert0o. - 86 Rapid Transit Co. Rickenbacker Motor Co__ Southern 411. 616, 823. 1050. 1276 _ _85, 1062 Traction Co 1412 Tonopah Extension Mining Co.._ 948 Phila. Rio Grande Valley Trac. Co_...14l2 Southwestern Bell Telep. Co.526, 833 Tonopah & Goldfield RR 1412 & Reading Coal & Iron Co. Riverside Portland Cement Spalding 524. 625 Co 833 (A. G.) & Bros 1272 Tonopah Mining Co 1083, 1287 Robeson-Rochester Corp 187 Sperry Flour Co 596, 947 Toronto Railway 516, 722 Philadelphia & Reading Ry 616 Robinson (Dwight P.) Spicer Ma.. Suburban Gas & Elec. Co. & Co., Inc.421 Mfg. Corp 421 Toronto & York Radial By 936 Rochester & Syracuse RR 616 Spring Canyon Coal Co 188 Torrington Co 1287 420. 1061 Rockaway Rolling Mills Spring Philadelphia & Western Ry 1276 Corp 730 Valley Water Co 85. 188 Torrington Electric Light 0e 1191 Rocicville-Willimantic Ltg. Co.. 947 Springfield Body Corp. of N. J. Transcontinental Oil Co 526 Phillips-Jones Corporation 513 Rogers-Brown Iron Co Phillips Petroleum Co--84, 524. 1190 85, 306, 731 Tmnsue & Williams Steel Forg- Rogers Peet Co 187 Springfield (Mo.) Gas & Elec.Co. 731 ing Corp 626 832, 946, 1061 Rosenbaum Grain Phillips Wire Co _ _ __ 733 Corp--625. 947 Springfield (0.) Light, Heat & Trenton Potteries Co 422 Phoenix Ross-Meehan Foundries 1190 Power Co 1286 Tr -City Ry. & Lt. 00_78. 411, 1276 Hosiery Co_ _625.1-061. 1189 Rotch Mills Springfield Phoenix Iron Co 730 306 (Mo.) Ry. & Lt. Co. Trinity Copper Corporation 626 Royal Dutch Petroleum Co.187, 621 1051, 11 Troy Gas Co 189 Phoenix Silk Mfg. Ott 524 Rutland RR . Springfield Pick (Albert) & 00-305, 1061. 1285 177 (Mass.) Street _ - 296 Troy Laundry Mach.Co., Ltd 626 Rutland Toluca & Northern RR. 411 l Springfield (O.) Terminal Ry-Ry.& Trumbull Steel Co----189, 422, 626 Pierce-Arrow Motor Oar 00_187. i Power 305, 420, 51.2, 525. Co 516 Tuolumne Copper Mining Co_ _ _ 948 832, ace-LowellLowell Shops 306 Springfield (Mo.) Traction Co 722 Turman Oil Co 1287 1061, 1189, 1285, 1421 Saco- Car Heating dr Ltg. Pierce, Butler & Pierce- _ _315, 1061 Co_ A286 Springfield (0.)& Wash. Ry_ 516 Tuscarora Rubber Co 422 Sagarnore Mfg. Co.. 85. 421, 525 Standard Bolt Corporation 526 City Rapid Transit Co_ _ 411 Pierce 011 Corp..84, 325. 1061. 1189 Saguenay Pulp & Power Twin Piggly-Wiggly Corporation 832 Co.-- -1082 Standard Commercial Tobacco Two Rector Street Corporation- 86 St. John Dry Dock & Shipbuild- I Co.. Inc 1423 Piggly-Wiggly Stores; Inc-315, ing Co. (Ltd.)_ 832. 1189, 1285, 1421 - - 421 Standard Conveyor Co 422 nderground Elec. Rye.of Lon- St. Joseph Lead Co__947. 1062. 1190 Standard Gas & Electric Co_626, U don 1051. 1412 Pillsbury Flour Mills Co 832 St. Joseph Ry., Lt., Ht. Pioneer (Sugar) MJ1 Co 1285 & Pr. 833, 1423 Underwood Typewriter Co., Inc. 611 Pipe Co 78, 516I Standard Milling Co 422 Union Bag & Paper Corp 1272 Line Statistics 420 St. Lawrence Paper Mills, Ltd., Pittsburgh & Allegheny Tel. Co_1285 Standard Oil Co.(Callif.)_i _422. 1190 Union Cotton Mfg. Co 86 Pittsburgh 1062. 1190 Standard Oil Co. ndtana) Union Elevated (Loop) ER...... 1061 Binghamton & East- St. Louts Coke & Chemical Co_ --M. ern RR 77 _1423 626, 947, 1062, 1191, 1286 Union Natural Gas ODorp---948, St. Louis El Reno & Western Standard Oil Co.(Kansas)_731, 1286 1047, 1287 Pitts. (Jhic. Chic. & St. Louis Ry RR 177, 1050 177 Standard Oil Co. (Kentucky) Union 011 Co.of Callf_189, 931, 1063 St. Louis Iron Mt. & Sou. Ry 177 947, 1190, 1286 Union Pacific RR 78. 722. 1179 Pittsburgh Coal Cle.,-625, loll, St. Louis & Jennings Ry 1171, 1422 1412 Standard Oil Co.(Louisiana) -85, 306 Union Refrigerator Tmnsit0o- 626 St. Louis-San Francisco Ry.. 78, Standard 011 Co. Union Stock Yds.of Omaha. Ltd. 189 Pittsburgh-Florida Frith Grow- 516, 616, 823, (Nebraska)- 1286 ers' Association 187 1051, 1276 Standard Oil Co. (New Jersey) Union Tank Car Co 189, 1287 St. Louts Southwestern Ry 1178 422. 731, 833, 1063, 1286 Union Traction Co. of Indiana _ -1277 Pittsburgh Mt.Shasta Gold Min- St. Mary's Mineral Land ing & Milling 0o 1189 Co., Standard Oil Co.(New York) 528 United Alloy Steel Corporation- 526 306 525 Standard 011 Co. United Bakeries Corp 88, 422 Pittsburgh 011 & Gas Co 1189 St. Maurice Power (Ohio) 626 Pittsburgh Plate Glass Co., Ltd.; Standard Parts Co 85.947 United Cigar Stores Co.of Amer- Co.. A2), 421, 525, 626, 730 Standard 525, 1189, 1285 St. Pipe Line Co., Inc.__ 306 ica 513, 731, 833 Paul Gas Light Co 188 Sta d rdi 188 United Coal Mines, Inc 731 Pittsburgh Rys_177. 411. 1050, 1412 St. Petersburg Lighting Co Pittsburgh Rolla Corp-832, 946, 1061 1423 Standard SanitariMfg. Co_526, United Drug Co 931 St. Regis Paper Co 1286 833, 948 United Elec. Lt. & Pow. Co-306. 528 Pittsburgh Steel Co 733 Saks & Co ' Pittsburgh Utilities Corp 1189 513 Standard Steel Car Co 948 United Engineering & Foundry Salina Light Power & Gas Co_ - _1286 Standard Textile Products Co. Co 422,833 Pittsburgh & West Virginia RR. Salt Creek Consol. 011 Co 1041, 1050. 1412 421 731, 1191 United Fruit Co 711, 1191 Salt Lake & Utah RR 516 Stanley Works 1191 United Fuel Gas Co 526 Pittsfield Electric Co 525, 1422 San Antonio Public Service Planet Steamship Corp 1081 Co., Star Motors, Inc 833 United Gas & Electric Corp....1412 78, 411. 936 Stedman Products Co 1423 United Gas & Fuel Co.of Hamil- Planters Realty Co 946 San Diego Consol. Gas & Plymouth Cordage Co 625, 1235 Elec. Steel (L. R.) Co 1083, 1286 ton, Ltd 1287 Co 306 Steel Co. of Canada, United Impt. Co. _422 819, Polack Tire & Rubber Co 187 San Francisco-Oakland Ltd 1191 Gas 1191 Pond Creek Coal Co.,- -85. Terminal Steel & Tube Co. of America United Hotels Co. of America- 731 420. Rys 516 730. 946. 1189. 1422 San Joaquin 188, 422, 526, 833, 948, United Light & Rye_ _177. 1051. Pond Creek Pocahontas Co Light & Power 1191, 1179, 1277 832 Corp 78, 823 Steolcraft Port Arthur Canal & Dock Co--1285 Santa Barbara Corp. of America.305, 422 United Metals Selling Co 948 Port Arthur Shipbldg. Co., Telephone Co.. Sterling Products, Inc_ _188,422, United New Jersey RR.& Canal Ltd-1285 85. 421 Port St. Joe Dock & Term. Ry 411 Santa Cecilia 626, 731 Co 617 Portland Ry., Lt. & Sugar Corp 174 Stern Brothers 1286 United Oil Producers' Corp-306. Power Co. Santa Monica Mountain Park 1051, 1276 Co Steubenville East Liverpool & 526. 1063, 1191. 1287 Porto Rican-American 188 Beaver Valley Traction Co. United Paperboard Co 174 Tohacco Santiago Electric Light & Trac- Co 832. 1189, 1285 tion 78_, 722, 1051 United Power & Transportation Co 1276 Stevens (M. T.) Sons & Co 188 Co 517.722 Portsmouth Dover & York 8t.Ry1276 Sargent & Co Postum Cereal Co., Inc 187. 918 85 Stevens & Thompson Paper Co- 306 United Profit-Sharing Corp..731, 948 Savage Arms Corp 1062 Stewart Mfg. Corp otornac Public Service 00-722, 1412 Savannah Sugar 731 United Rys. Co. of St. Louis. otemska Mills 187 Refining Co., Stewart Warner Speedometer 823, 1412 Power 188, 421. 833. 1062 Corp 422, 731, 833 United Railways Investment Corp. of New York 305 Schulte Retail Stores 306, Co. Prairie 011 & Gas Os 187 Corp Strathmore Paper Co 948 1051, 1179, 1277 188, 730, 833. 1062 Stromberg Carburetor 1174 Prairie Pipe Line Co 305. 832 Scott Paper Co Co. of U.R. S. Candy Stores, Inc-948, Prescott Gas & Electric Oci 1286 421.1062, 1423 America, Inc 188, 1063 United Retail Stores Corp-511,833 ScovIll Mfg. Co 421, 1190 Studebaker Corp. Pressed Steel 0 tr Co__ -.85. 832, 946 Seaboard Air Line of America United Shoe Machinery Co _86, 422 Price Bros. & Co., Ltd 525, Ry_ _ -1276, 1412 308. 526. 819, 1176 United Soda Fountain Co 189 625 Seaboard Electric Rv. of Texas- 823 Stutz Princess Iron Corporation 1286 Seaboard Oil & Motor Car Co.of America. U. S. Cast Iron Pipe & Foundry Princeton Telephone Os Gas Co 306 Inc 188, 306 Co 422. 1174 187 Sears, Roebuck & Co., 408, 525, 947 Producers & Refiners Corp..187, Second Ave. Submarine Boat Corporation-1286 U. S. Dairy Products Corp 1191 (N. Y.) Ry 78 Sugar Export Corporation 1191 U. S. Distributing 3J5, 525, 625. 730. 946 Seneca Copper Corp Corp 306 Provincial Paper Mills, Ltd.946. 1189 Severn 947 Sullivan Machinery Co 948 U. S. Envelope Co-- -306, 731. 949 Public Light & Power Co 731 Sulphur Export Service CO. of Nor hern Shaffer Oil & Refining Corp 85, 833 U. B. Express Co 833 Illinois... 525, 625, 730, 832, Co., Sun Co. _(Philadelphia)--731. 1191 U. S. Fidelity & Guar. Co--189, 306 188, 833, 1190 Sun Oil Co 946, 1081 Sharon Pressed Steel Co_ 1191 U. S. Finishing Co 86, 1424 Public Service Corp. of New 3er- Sharon -_947. 1190 Sun Shipbuilding Co 1191 U. S. Glass Co 86, 189, 526 Ry 177 Sunbury & soy_296, 411, 516, 618. 936, Sharon Steel Hoop Selinsgrove Ry 411 U.S. Gypsum Co_ _ __731, 949, 1287 1051, 1276, 1401, 1425 Co 188. 1190 Sunbury Lewisburg & Milton Ry. 411 U. S. Hoffman Machinery Corp. Sharp Mfg. Co 626 Superior Public Service Elec. Co.(N. J.). 187 Shattuck-Arizona Anthracite Coal Co_ 1063 526, 731, 949 Public Service Gas Co Copper Co, Superior & Boston Copper Co. U. S. Industrial Alcohol Co..-. 189 1286 525:1190 Public Service Ry.(N. J.) 516 Shawinigan Water 422, 833 U.S. Lumber Co 86. 526. 1191 Pugot Sound Power & Light & Power Co., Superior Steel Corp..._306, Co. 525. 628, 833, 928, 966 626, U. S. Printing & Lithograph Co. 77, 296, 936. 1051. 1276 Sheffield Farms Co., Inc 948, 1063, 1287 422, 731 Pullman Company 717 1190 Susquehanna Silk Mills 85 U. S. Radiator Corporation...... 526 Shell Transport & Trading Co., Swartwout Pure 011 0o----306, 525, 1189, Ltd & Co 526 U. S. RR. Adrninistration_722, 1052 188 Sweets Co. of America, Inc 1286. 1422 Shelton Looms 947 626 U.S. Realty & Impt. Co_ _189, 1191 Purity Baking Co 730. 946 Shore Line Sweet's Steel Co 188 U. S. Rubber Co_ _86, 423,- 732, 1171 Pyrone Manufacturing Co Elec. Ry., 616, 823, 1051 Swift & Co 1062 Shredded Wheat Co 188, 1062 73, 731. 948 U. S. Shoe Co 1287 Shreveport Swift International Corp 306 U. S. Smelting, Refining & Min- uakor Oats Co 187. 833, Rya1412 Syndicate Building Co 422 ing Co 1063, 1424 946 Silversmiths Co 1286 Syra-Cord 189, 422 Quoensborough Gas & Elec. Co. 946 Simmons Co Tire & Rubber Co.... 948 U. S. Steel Corp_ _86, 189. 306, Quincy Market Cold Storage & 721, 1286, 1423 Syracuse Light & Power Co....-. 189 511, 1191. Simms Petroleum Co 421 Syracuse 732, 833. 949. Warehoule Co 730 Simonds Saw & Rubber Co., Inc 948 /2T1, 1288 (Clement Steel Co 833 Syracuse Washing Machine Quinn K.) Ore 0o....-1062 Sinclair Consol. Oil Corp 525 Corp. 189 U. S. Tobacco Co. ..423._ _423. 1063. Qulssott Mill 187 Sinclair Crude 1175, 1424 Oil Purchasing Tampa Water Works Co U. S. Co., 421, 525, 626, 731, 833, 947 948 Trucking Corp 1287 Radio Corp. of America-106,2 Sixth s ata Iron & Steel Co., Ltd 1191 U. S. Worsted Co 189, 306, 732 Ave. RR.(N. Y. C.) 1051 Taylor-Wharton Iron 1286. 1422 Skelly Oil Co., 308, & Steel Co. United Steamship Co. of Copen- Railway & Light Securities Co 296 731, 833, .1191 hagen 1191 .1286 Temiscal Water Co 1063 Railway Stool Spring Co 930 Slater (S.) & Sons (Inc.) 85 United Verde Extension Min. Co. Rand (Gold) Mines, Ltd_ -187. Sloss Temple Coal Co 1287 86, 833, 949, 1083. 1191 -Sheffield Steel & Iron Co--1190 Temtor Corn & Fruit 306. 730, 1189 Smith Rubber & Tire Co Products Universal Elevated Railways-1179 85 Co 948 Utah-Apex Mining Co 1191

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis INDEX [VOL. 116-PART 1.

Page. Page. Page. Page. Utah Central RR 1052 Warner Sugar Refining Co..1063. Western Grocer Co 627 Wilmington & Chester Traction Utah Congo'. Mining Co 1191 1192, 1287 Western Knitting Mills, Inc.. A063 Co 296, 824, 1052 Utah Copper Co__-_949, 1063. 1287 Warren Brothers Co 1192 Western New York Farms Co--1192 Wilson & Co., Inc....307, 838, Utah Oil & Refining Co 86, 627 Washington Baltimore & An- Western Pacific RR 296, 823 1079, 1272, 1317 Utah Power & Light Co 78, 722 napolis Elec. RR 722, 1412 Western Power Ctp 423 Winnipeg Elec. Ry-824, 1277, 1413 Utah Securities Corp 1424 Washington & Canonsburg By.. 411 Western States Gas & Elec. Co_ Winona Interurban By 177 Utica Steam & Mohawk Valley Washington-Idaho Water Light 86, 307, 838 Winslow Bros. & Smith 00 86 Cotton Mills 306, 423 & Power Co 306, 949 Western Transit Co 423 Winter Motors, Inc 1079 Washington 011 Co 1192 Western Union Telegraph Co., Wire Wheel Corp. of America-_1079 Uhlentine & Co 86 Washington By. & Elec. Co.. 411 Inc 307 Wisconsin Edison Co 423 V alparaiso Lighting Co 526 Washington Water Power Co_ Western United Gas & Electric Wisconsin & Michigan Ry 177 Valvoline Oil O. 1191 .936. 1052, 1277 Co 307, 1424 Wisconsin-Minnesota Light & Van Camp Sea Food Co., Inc..--1287 Watchung Water Co 86 Westinghouse Air Brake 0o-307, Power Co 296, 1413 Van Raabe Co., Inc 732, 949 Waterloo Cedar Falls & North- 423, 1063, 1317. 1424 Wisconsin Public Service Corp. Vanadium Corp. of America-- 949 ern By 517, 937. 1277, 1412 Westinghouse Building 1079 517 937 Vicksburg Light & Traction Co_ Waterloo Textile Corp 1192 Westinghouse Elec. & Mfg. Co.. Wisconsin By. Lt.& Power Co_ _1052 1052. 1412 Watkins(J. R.) Co 86 307, 526, 732, 838, 949 Wisconsin [Belli Telephone Co-- 627 Virginia-Carolina Chemical Co.. Watsonville Water & Lt. Co...... 190 Westinghouse Traction Brake Co 526 Wolff Mfg. Corp 86, 423 834, 1424 Wayagamack Pulp & Paper Co_ Westmoreland Coal Co 307. 423 Woodward Iron Co 307 Virginia Iron Coal & Coke Co_ 86, 627 Wetherill (George 1).) Co., Inc.. 423 Woolworth (F. W.) 043_87, 811, 423. 1063 Weber & Hellbroner 1424 Wheeling & Lake Erie By 1052 627, 732, 1079 Virginia By. Lb Power Co-722, Webster Building 307 Wheeling Public Service Co- 937 Worcester Consol. St. By 517 824. 1052 Weir Stove Co 190 Wheeling Steel Corp 86 Worthington Pump & Machinery Virginian Power Co 1191 Wells Fargo & Co- -526, 627, 949 Whitaker Paper Co 86 Corp 932 Vivaudon (V.), Inc_189, 423, Welsbach Co 834, 1317 White Eagle 011 & Refining Co. Wrigley (Wm.). Jr. Co 838 949. 1063 West Boyleston Mfg. Co 834 190,307,526, 838,1079.1317, 1424 Wurlitzer (Rudolph) Co 423 West India Electric Co 1192 White Motor Co_526,949, 1408, 1433 Wyoming North he South RE....1277 agner Eleotrio Mfg. Co-86, 1424 West Jersey & Seashore RR_ -.1413 Whitman Building Corp 627 Wahl 03 627,732 West Missouri Power Co 838 Whitman (William) Co 627 adkin River Power Co...... 423, 526 Waldorf System, Inc_189, 627. West Penn Co 296, 722 Whitman Mills 190 yale & Towne Mfg. Co--1079, 1317 949, 1063 West Penn Power Co 1179 Wickwire-Spencer Steel Corp. _1424 Yellow Taxi Corp 307 Walker (H. J.) Co 627 West Penn Rye 723 Will & Baumer Candle Co 1317 York County Power Co 1192 Walmsley (Chas.) & Co., Ltd.._ 834 West Point Mfg. Co 86, 307 Willamette Iron & Steel Works_ 627 York (Pa.) Railways 297, 517 Waltham Watch & Clock Co...... 834 West Side Belt RR 1052 Williams Tool Co 307 York (Me.) Utilities Co_....617. 937 Waltham Watch Co--189. 627, West Virginia Utilities Co_1179, 1277 Wills(C. H.) de Co 526. 627 Youngstown Foundry & Machine 732. 834. 1287 Westerly & Atlantic Trac. Co...1052 Willys Corporation 423. 1424 Co 307 Walworth Mfr. On 949, 1192 Western Electric Co_-190. 423. Willys-Overland Co__86. 526, 1408 Youngstown Sheet & Tube Co_ , Wanamaker (John) 190 526. 732, 1063, 1272, 1305 Wilmington & Phila. Trac. Co-.. 8241 190, 423. 949, 1192, 131 4

COMMERCIAL EPITOME, COTTON, BREADSTUFFS AND DRY GOODS

Page. Page. Page. Page. readstufte Market-Elaborate Cotton, Weekly Statistics by ides, Weekly Price Recorn ubber, Weakly Outline of B Weekly Review of the Flour Cable and Telegraph covering HWith Outline of Market Con- R Market. wish Prices, &c.- and Grain Markets. with Price the Cotton Movement In all ditions. See Commercial Epi- See Commercial Epitome. Recordaand Crop Movements, parts of the World, Receipts, tome. 93. 197. 313. 429. 534, 636. Stocks, Visible Supply, Over- ron, Course of Market and Qteel. Weekly Report on Course 739. 844, 962. 1085. 1205, land Movement, Shipping IPrices Each Week with Statis- and Condition of Market. 1323, 1446 News, Crop and Weather Re- tical Data. See Commercial with Statistical Data of Va- ports with a Review of Trading Epitome rious Kinds.-See Commercial rsereal Stocks. Agricultural De- on the N. Y. Cotton Exchange ard, Range of Prices and Epitome. 16..partment's Report, Complete and Records of Prices. , L Weekly Market Report.- Sugar, Course of Markel Each Official Report 1086 90. 193, 309, 428, 531, 632, See Commercial Epitome. Week, with Crop Statistics 735, 841, 958. 1082, 1201, cean Freights, Course of, from and Other Data.-See Com- Coffee,Influences Bearing on the mercial Epitome. Market, with Statistical Data 1320. 1442 O Week to Week, with Rates Crop Summary-Semi-monthly and Shipping Conditions.- Relating Thereto. See Com- obacoo, Brief Outline of Con- mercial Epitome. Report of Agricultural Depart- See Commercial Epitome. ment on 1448 Oils. Quotations Weekly for All T ditions Each Week.-See Commercial Epitome, Weekly Kinds of Oil.-See Commercial Commercial Epitome. Review of tilte Commercial Epitome. Markets and of General Pr ,de. ry Goods Petroleum, Weekly Market Re- tIleather Bulletin of Depart- 88, 191, 308. 424. 529, 630, D V4:Ineroenhal; port, with Statistics of Pro- 77 ment of A erletilture. 733. 838. 957, 1080. 1199, Conditions Prevailing in this duction, etc.-See Commercial 95, 198. 314, 431. 538. 637, 1318, 1440 Trade_ -95, 198, 314, 431, Epitome. 740, 846. 984, 1087, 1206, Copper, Weekly Report on Con- 536, 637, 740, 846. 964, 1087, Pork, Course of Market Each 1325, 1447 ditions and Course of Prices. 1206, 1325,1449 Wee.-See Commercial Epit- Wool, Review of Market Eacb See Commercial Epitome ome. Week with Record of Auction Cotton Oinnings, Censu- Buros.ii arm Animals, Report of Agri- Provisions Markets.-See Com- Sales in London and Australia. • Report co 195, 428, 1322 Fcultural Department on 431 mercial Epitome. -See O•ramercial Epitome.

STATE AND CITY DEPARTMENT-NEWS AND FINANCES.

GENERAL. GENER 11-(Coottsued)- GENERAL-(Continued)- GENERAL-(ContfourVage. GENERAL--(Oirodnued)- Page. Page. Page. Page. labama-Court Ruling on orrIgn Bond Offerings- Legislature (Comilla z) New Hampshlre-Constitu- Oho (Cote' ad) A Fort Bonds Sought by FCuba (Republic oh-Of- Delaware 200 tlonal Amendment De- Tax Repeal Bill Signed- Governor 1038 fering of Bonds in U. 9_ 315 Idaho 315 feated 935, 1204 May Be Referred to Governor's Message 537 Dutch East Indies (Govt. Iowa. 432, 1449 Legislature Convenes. _ 432 Voters 201 Legislature Convenes...... 315 on-Bonds Sold In U.S. Illinois 200 New Jersey-Act Exempting Oklahoma - Legislature Arkansas-General Assem- Market 741 Indiana 315, 1039, 1200 New Building from Tax- Convenes 316 bly Convenes 200 Kansas 432 ation Declared Cann- Oklahoma City School Dis- Astoria, Ore -Legislature eorgia (State 01)-Occu- Messachusetts 200, 315 stitutional 1203 trict, Okla 1450 Grants Relief to City_ __JOSS G pation Tax Constitu- Mi -hig•an 315, 1323 Legislature Convenes- Oklahoma. Texas-U. S. tional 1039 Minnesota 432 Adjourns 315, 1449 sapreme Court Deter- pond Call.- Missouri 315, 1449 New York City, N. Y.- mines State Boundary, BHaverfordTownahip,Pa_ 201 averford Township, Pa. Montana 315. 1324 Assessed Valuation and 316, 1326 Montrose Co. S. 1). No. H -Bond Call 201 Nebraska 200, 315 Tax Rate for 1923 965 Oregon-Legislature In Ses- 11.0010 640 Houston, Tex.-Attorney- New Hampshire 432 Injunction Against Bonds sion-Governor's Mes- North Carolina (State of) 640 General's Tax Ruling At- New Jersey 315, 1449 for Celebration_ 1372, 1449 sage-Adjourned -432, 1089 Raton, N. Mex 1089 tacked 315 New York State 97. New York State-Act Ex- Income Tax Bill Passed... 1039 Sedgwick Co. S. D. No. Hyde Park, Calif.-Annexa- 201, 847, 935. 1039, 1449 empting New Building 46, Colo 316 tion to Los Angeles Voted.1449 North Caro'Ina 316, 1324 from Taxes Held In- mnsylvanla-Legislature Sulphur Springs, Texas...i450 North Dakota 201, 315 valid 1212, 1326 P1- Convenes-Soldiers' Be-- Boston, Maas.- T dab° Legislature Convenes 315 Ohio 97, 201 B.10. and C. M.1 St. nue Proposed 432 Greater Boston Proposed_ 315 Litaols-Legtslature Con- Oklahoma 316 P. RR. Bonds Auto- venes 200 Oregon 432, 1038, 1039 matically Replaced by D eton. N. Mex.-Bond alcaelen Parish, La.- Soldiers' Bonus Attacked Pennsylvania 432 Act 1089 1% Call 1089 C...Parish Appeals from De- -Carried to Supreme Rhode Island 97 B. & 0. and C. M. dr St. Ratite Island-Legislature cision Against Bond Issue Court 965 South Dakota 316 P. RR. Bonds Stricken Convenes 97 and Tax for Ship Channel_ 965 Indiana-Legislature Con- Te instsv 2)1, 537 Irons List of Invest- Rock Island, III.-City Oalifornia-Irrigation Dis- venes 315 Texas 316, 1450 ments for Savings Banks 97 Abandons Commission trict Directors Not to Legislature Adjourns-. Virginia 1089, 1450 Bond Issue for Hospitals Form of Government____ 432 Call Bond Election Bonus Bill Passed- West Virginia 316 Urged by Governor_ _ _ 847 Without Petition, Court Other Bills 1089 Wisconsin 316 Bonus Measure Pasecd, mita RCM High School Decision 1449 Bonus Bill Vetoed by Los Angeles, Callf.-Annex- 201, 965 S01st., Calif.-Suit Against Legislature Convenes 315 Governor 1209 ation to Los Angeles Voted Change In Banking Law Bonds Dismiened 741 Tax on Gross Receipts of Iowa-Legislature Convenes 432 by Hyde Park 1449 Regarding investments Schuylkill County, Pa.-In- Public Utilities Cos. New Law Requires Vote Massachuset's - Legisla- by Savings Institutions_1089 crease in Coal Lands As- Upheld by U. S. Su- on County Bond Issues.1449 ture Convenes 200 Legislature Convenes- sesement Sustained 537 preme Court 1449 Soldier Bonus Act Vali- Michigan-Legislature Con- Governor's Address_ __ _ 97 Sedgwick Co. School Dist. Camden, N. J.-Commis- dated 96, 1209 venes 315 Proposed Change in Sav- No. 46, Colo.-Bond Call 316 sion Form of Government Part Amendment to be ings Bank Law Affect- South Dakota-Legislature Adopted 1088 ansas-Legislature Con- Voted on 1326 Mg Investment in State1449 Convenes 316 Colorado-Legislature Con- n% venes 432 Missouri-Legislature Con- Bonds Sulphur Springs, Tex.- venes 315 Soldier Bonus Measure venes 315 School Budget Must Be Bond Call 1450 Connecticut- Upheld 432, 965 Tax Reduction Bill Signed Included in City Taxes, Legislature Convenes...__ 200 Knoxville. Tenn.-Voters by Governor 1449 Is Decision In Rochester Tennessee- Changes In List of Legal Approve Manager Form Montana- Legislature in Case 315 Legislature Convenes- Investments ter Savings of Government 1089 Session-Adjourns_315, North Carolina-Bond Call_ 640 Governor's Message-201, 537 Banks 965 1328 Legislature Convenes, Ad- Texas-Legislature Con- Cuba (Republic) egal Investments for Say- Soldiers' Bonus Ant Held journs 316, 1326 venes-Adjourns....316, 1450 of Bonds Inon-Offer'Ing U.S 315 L ings Banks- Unconstitutional 741 North Dakota-Income Tax Med Stes-HouseStates-House Ap- Connecticut 965 Montrose Co. S. D. No. 11, Law Proposed 315 ‘1U proven Resolution Agst. Toz.-Proposal to Legislatares-Conven ing- Colo.-Bond Call 640 Legislature Convenes_ 201 Tax Free Securities 432 ly:ream City's Debt Lim- Activities-Adjournment: Municipal Bond Sales_ _96, Irginia-Legielature Con- D Dis- it to 925,000,000 1088 Alabama 315, 537 199. 638, 1083. 1207 ohto-Attack Law Re- venes-Governor Delaware-Leglaiture Con- Arkansas 200 Nebraska-Legislature in quiring Offering of cusses Road Program_ ___1089 200 California 315 s.‘Alon 200 Bonds to State Indus- Legislature Adjourns- venes Program Dutch F.aSt Indl•-e--Bonds Colorado 315 Rural Crellis Proposed- trial Commission 1449 Policy in Road Sold in American Market.. 741 Connecticut 200 Other Bills 315 Legislature Convenes__ - 87 to Be Decided by Voters1405

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis JAN.-MAR., 19231 INDEX XVII

GENERAL--(Concludecl). BONDS-(Continued). BONDS-(Continued). BONDS-(ConSinuad). BONDS-(CsigtrouSd). • Page. Page. Page. Washington (state ()D- Bound Page. Page. Brook, N. J____641, 847 Clark, Nov 202 Vagle. Calif 1452 Garrard, Ky 1212, 1328 UI Legislature in Session- Boulder, Colo__966, 1210, 1451 Clark8ville. Texas Tax Bills 1211 Kaagle. Colo 1328 Gary, Ind 539 and Bonus - Bowdle, S. D__97. 201, 317, 741 Clay, 742 Eagle Pass, Repeal of Donahue Act Bowen, Min' Tex 538 Gaston, No. Caro 1212 Colo 847, 1210 Clearwater, Fla 1211 Easley. So. Caro_318, 743, 848 Geneseo, Y__-_219. 642, 849 Proposed 432 Bowie, Texas_ _317, 741, N. Cleburne. Texas 433. 641 East Aurora, N. Y 642, 743 Geneseo, RI 743 Legislature Adjourns_ _ _1326 966, 1210, 1327 Cleveland, Ohlo_202, 433, West Virginia-Legislature East Baton Rouge, La 1452 Geneva, N. Y 98. 1328 Bowling Green, Ohio._ _317, 641, 742. 966, 1211, 1451 Eastchester, Convenes 316 N. Y 434, 642 Geneva, Ohio 434 966. 1210, 1451 Cliffside, N..1 318, 433 East Cleveland, Ohlo.538, Georgia (State of) 1328 Whittier, Calif.-Manager Boyce City, Texas 1327 Clifton. Texas 1451 Government Defeated__ 640 Bradentown, 1212. 1328 Georgetown. Ky 203 Fla 317. 966 Clinton. Ind_538, 848, 966, 1211 East Telleciana, La _743, Georgetown, Out 1334 Wisconsin-Legislature Con- Bradley, N. .1 538 Clinton, N. Y venes-Governor Urges 966, 1451 848. 1212 Georgetown, So. Caro 1453 Braddock,Pa 742 Clinton Ont 207 East Hampton, Tax Changes 316 Bradford, N. Y 538 Germ*, Neb 434 Ont 1334 Clovis. Calif 1327 East Kildonan, Man 543 German Flat s. N. Y_..642. 743 Bradford, Pa 847 Coahoma. Miss 848 East Liverpool. Ohlo.318, Bradley, Gibson. Ind_319. 434, 539, N. Y 317 CoatsvUle, Pa 1211, 1451 434, 642 743, 1212, 1453 Brady, Pa 201, 742 Cobleskill, N. Y 202, 318 East Omaha, lowa___538, BONDS. Bratnerd, Gila Valley, Ariz 642, 1212 Minn_233, 841, 966 Cobourg, Ont 973, 1334 642, 743 Gilliam, Ore 539, 743 Brantford. Ont_ 101, 207. 748 Cochlse, Ariz beleen, Kan 640. 202 Easton Md 434, 642 Gilroy, Calif 1453 847 Brawley, Calif 538, 641 Coeymans, N. Y 98 East Providence, R. 1328 Gis ler, 967 Aberdeen, Miss 1326 Brewster, I Mont 642, 849, Ohio 201 Coffeyville, Kan 202, 433 Eastview, Out 543 Gladstone, MIA 319, 1328 Aberdeen, No. Caro_ _741, 1210 Bridgewater, So. Dak 742 Cothran, Colo Aberdeen, 1211 East Hudson, N. J 743 Glastonbury, Coss 1328 So. Dak__1210, Brighton, Colo 1210 Coldwater. Kan 641 1326, 1450 Eaton, Ohio 1452 Glen, N. Y 1328 Bristol, Mass 433, 538 Coldwater, Mich 1211 Edmonton, Alta_207, 323, 1334 Glendale. Calif 319. 743 Acadia, La 97, 432 Bristol, Tenn 1210 Coleman, Ada, Idaho Texas_641. 848, 1211 El Cajon, Calif 318 Glen Falls, N.Y 743, 849 1210 British Columbia, Prov. of, Colfax, New Mex_98, 433, Eldora, Iowa 848 Glenwood, Iowa 642 Ada, Minn 201, 965 207, 323 434 Adams, 641, 966, 1327 Electra. Tex 538, 848, 1212, 1328 Gloucester, Mass 434. 849, 1328 Ind_741, 847, 1210, 1450 Broadview, Sark 972 Collin, Texas_ -433, 641, Adamsville. Tenn 966 Eigin,Kan_98, 203,434, 642, 848 Gloucester, Ohio 434. 1212 201 Br ck, Neb 538, 847 Coiling wood, N.J 848 Elgin, Adkin, W.Va 97. 316, 1210 Brockton, Tex 1452 Gloucester, N.I 539, 743 Mass_ _97, 201, 641 Collingswood, Ont 1218 Elizabeth, N. J 1212, 1452 Gloversville. N. Y 143, 967 Akron, 0h1o_97. 432, 1326, 1450 Brockville, Ont 648 Colony, Kan Albany, Ala 202, 433 Elkhart, Ind 1212, 1452 (loathe, So. Caro 743 1210 Broken Arrow, Okla 1327 Colorado, Tex 98 Ellice, Albany, N. Y 97, 201 Brookfield. Out 1457 Golden City, Mo 93 Ohio 1210 Colquoh ein, No. Dak_433, 641 Ellenwood, Kan 203, 1328 Gold Hill, Ore 1212 Alberta, Prov. of.101, 207, Brookhaven, Miss 201 C lumbi..na, Ohio...98, 318, 323, 643, 973 Elmwood, Ohio 538, 1212 Gonzales, Tax 16, 319. 539. 967 Brookhaven, N. Y 201 433. 538 Ellis. Kan 1328 Alberta, Alta 1458 Brookline, Mass 1211. 1451 203, 967 Gooding. Idaho Columbus, lnd. _202, 742, 966 El Paso, Colo 1212 Goodiand, Kan 642 Albion, Mick 97, 316 Broussard, La 538 Columbus, Ohio- Albuquerque, 202, 318, El Paso, Tex_318,434. 538. Goshen, Wyo 1212 N. Mee 316 Brown, Ohio 1327 433, 538 Alfred, N. Y 201 743. 1328 Gowanda, N. Y 967 97, Brown,So. Dak 201 Comanche, Okla 1451 Elton Algona-, Mists 640 Brown Wis 847, La 318. 743. 967 Grafton, N. D____2111. 139. 743 986 Compton, Calif 966, 1451 Elwood, Utah 1323 Graham, Texas 1453 Allegany, Md 201 Brownfield, Tex_966, 1211, 1451 Concord, N. Allegheny. H. .538, 642,4327 Elyria, Ohio 434, 848 Graban, Va 1453 Pa 432 Brunsville, Iowa 317 Cone, Texas 433,848 Allen, Ind 216, 1210 Emmet,Iowa 1328 Granada. Colo 1328 Bryan, No. Dak 433 Conde, So. Dak 1327 Emporia, 967 Allen, Kan 640 Bryan, Ohio 538. 742 Va 967, 1328 Cranbury, Texas Con jos, Colo 318. 742 Endicott, N. Y 98 Grand Island. Neb_319. 743, Alliance, Ohio___317, 965, 1210 Bryan, Texas 1451 Congress. Ohio Alma Mo 742 Englewood, Colo 539 1328, 1453 1450 Buffalo, N. Y.97, 201, 641. 966 Conneaut, Ohio 318 Ennis, Almeria, Kan 201 Buffalo, Wyo Tex 434. 1212 Grand Rapids. Mich_319, 538 Connersville, Ind 742, 848 Enterprise, Kan__203. 641, 743. 849 ,1212 Almont, Mich 317, 537 Bunkle. La 201 Conroe, Texas 433. Alpena, Mich 848 642, 848 Grant, Ind.219, 414. 1328, 1453 1326 Burgard, No. Caro 847 Conshohocken, Pa 642 Erie, Altoona, Pa 741 Burke, So. Dak_847. 966. 1211 Ohio...642, 848, 967, 1452 Grand Saline, Texas 642 Cornwall, N.Y 433, 538 Erie, Pa 1212 Grant Mich 849 Alvarado. Tea 201 Burlington. Iowa 538. 641 Corpus Christi. Tex. .202. Amarillo, Tel 741 Escondido, Calif 1328 Grants Pass. Ore 642 Burlington, N. J 641,986 318, 742. 967, 1211, 1327 Esp Ames, Iowa 317 Burlington, No. Caro_847, 1211 irto, Calif 642 Grapeland, Texas 743, 1328 Corsica, Pa 1211 Essex, Mass...434. 539. 967, Gratiot, Mich 98, 434 Anahe'm, Calif 317 Burlington, Vt 1451 Corsicana, Texas Andrew, Mo 1211 1212, 1328, 1452 Gravelbourg, Bask 973 201, 537 Burnaby, B.C _207, 543,748, 973 Cortez, Colo 433 Anniston, Alt 537 Etobicoke, Ont 207, 743 Gray Harbor. Waah__434. Burnsville, No. Caro 317 Corvallis, Ore.. .318, 642, Eureka, Anson,Tex 817, 432, 1210 Buste, N. Y 847, 966 Kan 318 849. 967 1211. 1327 Eureka, Nev 943 Grayson, Texas 1453 Antonito, Oolo 965, 1450 Butler. Ohio 433, 966, 1327 Costilia, Colo Appanoose, 1211 Evangeline, La 318, 539 Great Bend, Kan 203, 434 Iowa 640, 965 Butler, Ind 847 Cottage Grove, Ore- _742, 967 Arcanum, Ohio 965 Evans, N.Y 434 Great Falls, Mont 1328 Butts, Ga 202 Cotton, La 93 Evanston, Arlington, Ohio 317 Butte, Mont 847 Ill 642 Greater Winnipeg, Max.... 438 Cottonwood, Minn 848 Evansville, Ind 318, 743 Great Scott. Mina 1212 Arlington, Va 537 Butte, Neb 538 Coeur D'Alene. Idaho Arvada, Cola 202 Everett, Mass 642 743 Greece, N.Y 93, 319 1326 Dyersville, Ohio 742 Council Bluffs, Iowa 434 Asheboro, No. Caro 537 Everett, Wash-__98, 434, 1452 Greeley, Colo 539 Council Grove, Kan 202 Green, Ohio 743 Ashland Ky 201, 965, 1210 (Nathan. Colo 742 Covington. KY Ashland, Ohio 538, 742 Fairbury,a,va 1321,8 I/S Greenburg, N. Y 968 1450 CN...alifornia (State of) 433 Crawford, Ind 843 Ashtabula, Ohio 201 Calhoun, Green, Mr. 968 1212 Mich 742, 847 Crawford, Kan 642, 1327 Fairfax, Assimbora, Sank 1457 Camas, Wash 988 Calif 539 Greene,Ind 434, 642, 1212 Crestline, Ohio 202, 434 Fairfield, Ohio 203, 318 Greenfield, 841318_319, 539, 988 Assumption,la 1210 Cambria, Pet 847 Crete, Neb Athens, 742 Farrnersville, Ohio 318 Greenfield, Ohio 642, Ala 537 Cambridge, Mass.317, 433, 1451 Crisp, No. Caro 1451 Athens, Ohlo____641, 847, Cambria. So. Caro___.202, 317 Fairland, Okla 848 *49,968. 1328 Crittenden, Ark 1327 Fairplay, Mo 1212 Greenland, Dak_434, 1210, 1450 Cameron, Texas...433, 847. 966 Crawford, Ind No. Athens, N. Y 641, 847 1451 Fairport, Ohio 318 539, 849, 968 Campbell,Ky. _317, 742, 1327 Crook, Ky. 318. 848 Atlanta, Gs.317, 537, 641, 1210 Campbell. Tenn 641. 966 Fairview, Ohio 1212 Greenville,So. ( -Ira_ _.849, 1213 Crowley: Colo 1327 Farson, No. Caro 848 Greenville, 743, 1453 Atlantic. N. J 537, 741 Campbell, Wyo 538, 742 Crown, 203, Tex:IA.203. Ind 318, 538 Falls City, Ore 642, 967 Greer, So. Caro 743 Atoka, Okla 201 Canaan, Ohio 742 Crystal Springs, Miss Attleboro, Maas_537, 741. 1450 967 Fall River, Mass 1212 Gregory, So Dak 1328 Canadian,Texas 202. 433 Crystal Springs. Wyo 843 Auburn, N. Y 531,641 Canastota, N. Y 538 Farmersville, Ohio 318 Grimes, Texas 319 Cumberland,No Caro..1211,1451 Farmington. Mich 543 Audubon, Iowa 537 Canonsburg, Pa 202, 641 Cuyahoga. 743 Grimsby. Out Ohlo_318, 538. Fat Elk,Ore 318 Gulfport, Miss 98, 319, 743 Augusta,Ga 537 Canajoharle, N. Y 317, 742 743, 848. 967, Aurora, III 317 1211, 1452 Fayette, Tex 967 Gunnison, Colo 1328 Canfield,0..433, 641, 966, 1451 Cypress Creek, Ark 318 Aurora, Mo 641 Canton. Conn 1451 Fayetteville, No. Caro.967, 1212 Guthrie, Mina 168. 1329 Avayelles, La 433, 847 Canton, Minn 433, 641 Felicity, Ohio 743 Guthrie, Okla 434 skota City, Neb 743 Fern Idaho 434 Canton, Ohio 1451 alias, Iowa Dad Axe, Mich 1326 D 848 Fertile, Iowa 849 ackensack. N. l 98. 203 Canton, Texas 641 Dallas, Texas 967. 1452 &Dailey, Texas 1450 Canyon, Idaho_.142, 847, 1327 Fifth. La 203 Haddan N. J___98, 1213, 1329 Dauphin, Man 973 Findlay, Ohio 1328, Haddonfield, 1329 Baltimore, Md__ _433. 741. 1450 Canyon, Texas 433 Davenport, Iowa 1452 N. J Bancroft, So. 641 1452 Firth, Neb 203 Hagerstown, Md 1329 Dak Cape May, N. J 97, 317 Davenport, Neb.743, 848. Barberton, Ohio 1326 Carbon, Utah 847, 1327 First Farmers, Neb 203 Hale, Mo 319 967, 1327 Fisher, Tex 1458 Barnesboro, Pa 1450 Carquinez, Calif 538, 966 Davidson, No. 98 Halifax, N. 5 Barney, 966 Caro_ _1211, 1452 Flela.hmanns, N. Y____849, 967 Hall, Texas 98, 319. 434 Ga 537, Carlisle, Ky 847 Daviess, Ind_98, 202, Bartholomew. Ind 1326 Carlyle, 743, Fleming, ICy 987 Hamilton. Ind 505, 144 III 1211 . 1211 Bath, N. Y 1450 Caroline, Md 1211, Flemington. Pa 1212 Hamilton,0_434. 599, 744, 1329 1451 Dawson, Tex 318, 433 Florala, Bath, Ohio 201 Carrick, Pa 97 Dayton, Ala 987 Hamilton, Ont_203, 646, Bath, Ohio 967. 1327 Florence, Kan 642, 849 973, 1458 Pa 1450 Carroll, Ark 966 Deadwood, So. Dak Barton, Ont 748 Carterville, 967 Florence, So. Caro 98 Hamilton, Texas.1103, 319, 1329 Mo 1211 De Bante, Colo_ _538, 743. 967 Basin. Wyo 537, 1210 Cass. Ind_ _202, 742, 847, 1211 Flowing Wells. Ariz .4. 203 Hammond. Wis 1329 Decatur, Ala 967. 1211 Floyd, Ind 203, 539, Hampton, 642 Bayard, Neb 1326 Castana, Iowa 1327 D e, Ore 849 Pa Bay City, Mich 97 Castieford, 434. 848 Ford, Pa 203 Hampton, So. Care 434 Idaho. _1211, 1451 Deep Creek, Va 318, 433 Beaufort, No. Cart) 741 Caatlerock, Wash 1451 Ford City, Ont 208, 1334 Hamtramck. Mlof 203, 434 De Groot, No. Caro 1211 Forest. No. Caro 744, 849 Beaumont, Calif 317 Catahoula, La 433 De Kalb, Ind 98 Hancock, Ind Beaver Falla, Pa 847 Catasauqua, 1327 Forest, Ore 1452 Hancock, Mich 744, 968 Pa 1451 Delano, Calif 434 Bedford. Ind___201, 433, 1210 Cattaraugus. N. Y 202, 433 Fort Atchison, Wis._ _318, 1212 Hancock, Min -.... _ _968, 1213 Delaware, Ohio 1327 Fort Tex 01810_642, 968. 1213 Bedford, N. Y 1450 Ce it, Md 433, 641 Delhi, La 203, 434 Hancock, Bedford, Ohio 97 Cedarburg. Wis 967, 1327 Fort Edward, N.Y 539 Hanley, Bask 1218 1327 Delhi, Mich 1452 Bee. Texas 988 Cedar Rapids, Ia 317, 847, 988 Fort Gibson. Okla 1212 Hannah:1rd. No. Dak 434 Belgrade, Mont Delmont,So. Dak 1211 Fort Pierre, So. Dak 1213 317. 966 Center, Iowa 1211 Delta, Colo 849 Hanover, N..1 Bell. Calif 537 Centerview, Mo 1327, 1452 Fort Scott, Kan 203, 434 Hanover, Out 855 1211 Deport, Tex 1327 Bellaire, Ohio 201, 1450 Cesba, Porto Rico 742 Fort Smith, Ark 743, 967 Hardin. Mont 203 Belle Denton. Tex 98. 434 Fort Stockton, Center, Ohio 1328 Chadron, Neb 847 Denver, 1212 Harland, Neb 1453 Bellefontaine, Ohlo 201 Colo 538, 641, 848 Fort Worth, Tex Harriettstown, 1453 Chanute, Kan 641 Deschut 8, Ore___202, 203 N. Y Belle Valley, Ohio 97 Chambureburg. 433, 1327 Fosston, Minn 1328 Harris, Texas___103. 434, Minn Pa 742 Des Moines, Iowa 318, 743, Bellingham 317 Champlain, N. Y 1451 Fostoria, Ohio 743 643, 1213, 1329 Boltrami, Minn 848, 967, 1211, 1327 Fouke, Ark 217, 317 Chanute, Kan 847 De Soto, Fla 1452 Harrisburg, Pa 1213 Benton, No. Caro 538 Charleston, So. 433 Fountain, Colo 539 Harrison, Ind 203. 435 Caro 1/66 Detroit, Mich 98, 202, 1211 Benton, Tenn 201, 1210 Charlotte, N. C...433, 538, 742 Fountain, Ind 203 Harrison. N. Y 1453 Benton De Witt, Iowa 318, 848, 967 Fowler, Ind Harbor, Mich...201, 317 Charlottesville, Va 202 Diehlstadt, 539. 642 Harrison. Pa 849 Bertha, Minn 1326 Mo 642 Framingham, Mass _743, 849 Chatauqua. N. Y 847, 966 Dickinson, Mich 849 Harrison, Texas Bettie. Ont 748 Chateauguay, 743 Franklin, Ind...-849. 1212. 1452 Harrlionville, Mo 435, 539 Que 207 Dikon, Neb 1452 Bethel, Ohio 641, 741 Chatham, Ont 973, 1218 Franklin, Kan 642 Hartford, Ind 203 Beverly, Mass Dillsboro, No. Caro 1327 Franklin, Neb 433 Cheltenham. Pa 641, 742 Dixon, Neb 1452 Hartford, So. Dak 1329 Baylor, Mo 1210 318, 538, 1327 Franklin, Ohio.._203, 359. 539 Haverhill, Mess 1453 Cheraw. So. Caro 1451 Dolgeville, N. Y Bexley, Ohio 1450 Chenango, N. V------317, 98 Franklin, Tenn 1212 Havre de Grace, Md___99, 538 Donaldsville, La 318, 967 Freeport Pa ibb Ga 201, 1450 Cherokee, Kan 202, 641 Doniphan, 987 319. 435, 643 Big Flat, No. Dak_641, Kan 203 Fredonia, Kan Hawkina, 1210 Chester Neb 1327 Dorchester, Md 743 Wis 319 Big Horn, Mont 1210 Chester, 743 Fremont, Colo 743, 987 Hays, 203. 1329 So. Caro 742, 968 Dormont, Pa 434, 743, Kan * Spring, Texas 1451 Chesterfield, So. Caro 846 Fremont, Ohio 1212 Hazard. Neb 849, 1213 1451 Dotham, Ala 848 Fulton, Blloil, Woo 211, 1326 Chesterhill, Ohio 742 Ind 318, 539 Hazel RI er, Mina 203, 319 Mich Douglas. Neb 538. 1327 Fullerton, Calif.-203, 318, Bingham, 740 Chicago, 111..98, 202, 317. 1327 Douglas, Ore Hadley. Texas 203 inghamton, N. Y 641 203. 538 539, 642, 849 Hemet. 849 B Chickasha, Okla 318 Douglas, Wyo Calif Birmingham, Ala 741, 847 Chico, Calif 98 Hemingford 1329 98 Dresden, N. Y...434, 538, 482 Neb BirmingbaM, Minh 1327 Chicopee, Mass 98, 202 Drummondville. age. 642, 743 Hampstead. N. Y___-139, Bismarck, NO. Dak 1210 Que. _543, 646 Galax, Va 1452 1213, 1453 Chilan, Wash 986 Dryden, Ont 244, Bitter Root. Mont 1210 Childress, Texas 101 Galion, Ohio 1452 Hempstead, TrIxas 99 433, 847 Duanesburg, N. Y. _1211, 1452 Gallatin, Mont lad( Foot Idaho 847 Chillicothe Mo 1327 434 Henderson, N. 0 968, 1213 lack Dak 641 Dubois, Ind 203, 538, 1212 Gallia, Ohio 1328 Henderson, B Loam, No. Chinook, Mont.742, 1211, 1327. Dubois, Pa Tema; 99 lackwell Okis----538. 141,986 Chippewa, Mich 318 Gallipolls. Ohio 849 Hennepin, Minn 1329, 1453 538, 1327 Dubuque. Iowa.. -98, 203, 848 Galt Out nlakely, Ga 317 Chippewa, Ohio 538, 988 Duluth, 208 Henry, Va 435 Minn 642 Galveston, Tex...319, 842, Herington, Kan-202, 968, ogota N. J 1210, 1451 Chisagor Minn 318, 538 Dundy. Neb 1329 Boneetall, So. Dak 847 Mies, 1212, 1327 1212, 1453 Herkimer, N. Y 968, 1213 Porto Rico 318, 848 Dunkirk, N.Y 1327 Ganado Tel 3onnerville, Idaho 433 Cincinnati, Ohlo_742, 848, 1328 Hermosa Calif 99. 435 Dunklin, Mo 434 Gananoque, Out 208 Hewitt, Minn 319. 849 Boone._ Ind 433, 641 1211, 1451 Du Page. Ill _moone, Iowa 201, 966, 1210 Citrus. Fie 1452 Garden, So. Dak 1328 Hidalgo, Texas 1329 742, 1211 Duquesne, Pa 1212 Garden Grove, Calif _mooneville, N. Y 1451 Clackamas. Ore 966, 1327 539 Highland, Mick 968, 1213 Durant, Okla 434, 538. 318 Gardner. Mass 849, 967 Highland. Ohio....435, meager. La 317,847 Clark, Mo 1451 Duval, Fla 849, 968 3 848 Garfield Heights, Ohio 1328 Highland, Texas 988. 1329

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis XVIII INDEX [VoL.116-PART1.

HOND11-(C9nzinued). BONDS-(Continued). BONDS--(Coruinued). BONDS--(Continued). BONDB-(Continized). Page. Page. Page. Page. Page. 1329 Lake 1213 Marlon Ore 204, 1454 New Castle, Del 851 Paterson, N. J-...205, 321, 436 Highlands,Fla Ohio 436, 541 Hillsboro, Ili 99 Lakemore, Ohio 204, 850 Marion, So. Caro 851, 1330 Newell, So. Dak 1331 Paulding, Ohio 99 Dak 204 Marlette, Mich 969, 1454 New England, No. Dak 851 Paw Paw, Mich 1216, 1331 Hillsboro, Ohio Lake Moody, So. 205 Hillsboro, Kan 643 Lake Placid. N.Y 204 Martin, Ind 540 New Hampton, Iowa 1215 Paynesville, Mo 968 Lakewood, N.J 99 Martinez, Calif 99, 320 Newman. Neb. -541, 745, 851 Payette, Idaho 1215 Hillsborough, Fla 539, 100, 205 Hillsborough, N. H 1453 Lakewood, Ohlo_744, 850, Marshall, Ind 969 Newmarket, Ont 748, 855 Pecos. Texas 969, 1213 Marshall, Mich 1330 New Orleans, La-970, 1215, 1454 Pelee, Ont 101 Hinton, Iowa 319 323 Holly, Colo 99, 435 Lamaile, Iowa 319 Marshall, Minn 969, 1454 Newport, R. I._.321, 851. 1331 Pembroke. Ont Lamar, 744 Marshall, Mo 320 851 Newport, Va 436. 745, 970 Pemlecot, Mo 100.541 Holmes, Ohio 1453 Tex 1331 Holyoke, Mass_819, 643, Lamberton, Minn 643, 969 Marshallville, Ohio_ .204. 643 New Prague, Minn 970 Pend Oreille, Wash 1213 969 Marshville, No. Caro 1214 New Rockford, No. Dak_ -1331 Penn1ngton, Nano 100 744, 968, Lamvllie, Iowa 832 Homer. Ohio 203. 539 La Platte, Mo 99 Martin, Ind 989 Newton. No. Caro 1331 Pensacola, Fla Pa 539 La Porte, Ind_ -850, 1214, 1453 Martin. Minn 1454 New Toronto, Ont___748, Penns Grove, N. J 206 Homestead, 203, 862 Hookerton, N. C. 203, 319 Laramie, Wyo 99,643 Martin's Ferry. Ohlo_745, 1330 855, 1098, 1334 Penn,Pa Hooversville, Pa 319 Lama, Tex 643 Maryland (State of). 204, New York, N. Y...99, 541, 970 Perry, Ind 205, 321, 641 Hope,Ind 1213 Laredo, Tex_ .969, 1214, 1454 643. 745 New Smyrna, Fla 204 Perrysburg, N. Y 644 Hopsons, Miss 203 Larmar, Colo-969, 1214, 1454 Marysville, Calif 204 Newton, Ind 204, 541, 746 Perryton, Texas 205 N. Y 1829, 1453 Las Animas, Colo 1214 Marysville, Kan 1214 Newton. Mass 644, 745 Persia, Iowa 436 Hornell. 1466 Hot Springs, S. 13 744, 968 Lathrop, M0 969 Marysville, Wash 1214 Niagara Fails, N. Y.746, Perth Amboy, N. J Houston, Minn 968 Lavaca, Tex 1214 Matagorda,Texas 540 851, 970 Peterborough, Ont___208, Houston, Texas 849, 1213 Laval-Sur-Le-Lac, Que._ -1458 Maurue, Iowa 1214 Nicolet, Minn 435 1218, 1458 Hayland, Minn 435 Lawrence. Ind 969, 1329 Maumee, Ohio 745 Niles, Ohio 541, 970 Peter.bwg. Mich....1331. 1455 Howard, Ind 435 Lawton, Okla Maywood, Calif 435 Noble, Minn 852 Phelps, N. .1 1215, 1331 Howe. Texas 1453 Leaksville, No. Caro 1454 Meaford,Ont 208 Noble, Ind 746, 852 Philadelphia, Pa_321, 746, 1453 Leavenworth, Kan 99, 204 Medford, Mass 745, 1214 Nobles, Minn 341. 852 970, 1216 Howell. Mich 205 Hubbard, Minn 339 Lebanon, Pa 99 Mellen. Wis 643, 745, 851 Nocona, Tex 746 Phillips, Kan 203 Lees, Mo 540, 969 Melrose, Mass 643, 743 Nokomis,Bask 1334 Phillipsburg, Kan 644 Hubbard, Ohio Phillipsburg, N. J 852, 970 Hugo,Colo 1213 Leesburg. Fla 1329 Melville, La 1454 Nora, Neb 852 968 Leesville, La 850 Memphis, Tenn_99, 204, Norfolk, Mass 1331 Pickaway, Ohio 205,644 Hugo, Minn 1215 Picayune, Miss 206 Hull. Quo 748, 973, 1098 Lehigh, Pa 1329 320. 1330 Norfolk, Neb 99, 743, 319 Memphis, Texas 99, 1214 Norfolk, Va_321, 746, 1331, 1455 Piedmont, Callt 862 Humphreys, Miss 99, 840 Lenian, Ohio 852 539 Tex 09, 319 Merchantaville, N. J 1330 Norfolk, Ont 1458 Pierce, Wig 644, Hunt,Texas Leonard, Pike, Ark 970 Hunter, No. Dak 849 Leonardville, Kan 850 Meriden. Iowa 1214 Norlina, No. Caro 852 969, 1330 Merkel, Texas 1330 North Adams, Mass_321, Pike, Ohio 1455 Huntersville, No.Caro 1329 Leonia. N. J 644, 852 Huntington, Calif.435, 849, 1329 Lemars,Iowa 969 Mesa, Colo 745, 969, 1330 852, 970 Piqua, Ohio 1334 Merritton, Ont 1331 North Attleboro, M849 205 Pinebluff, No. Caro 970 Huntington, N.Y 1213 Lethbridge, Alta 541 968 Y 319 Methow, Wash 643 Northampton, Mass _644, 745 Pisgah, Iowa Huntington, vs Lewis, N. Pitt, 1216 Huntington, N. Y. 203, 435, 849 Lewis, Wash 319 Miami, Fla 510 North Bend, Neb 745 No. Caro 1330 Miami, Ind 540, 851, 1454 North Bend, Ohio 541 PIttsboro, No. Caro...852, 1216 Huron OhIo 1213, 1453 Lewistown, Pa 1331 643, 849 Lexington, Mo 319 Miami, Okla 510 North Bend, Ore 1331 Pittsburgh, Pa 100, Hutchinson. Has Pittsfield, Mass 321 Hugo, Minn 643 Lexington, No. Caro 1330 Miamisburg, Ohio 1451 North Braddock, Pa 99 1213 Liberty, Ky 1454 Michigan, Ind 745 North Branch, Minn_ _ _746. 852 Plainville, Kan 205 Hyrum.Utah Plano, Tex 1455 Hysham, Mont 99 Liberty, N. Y 850, 969 Michigan (State on _ _ _320, North Bridge, Mass 205 744 510, 745, 1330 North Castle, N.Y 1455 Plaquemine, La_641, 852, 1331 Liberty, No. Caro 435, 1331 1829, 1453 Liberty, Pa 99, 204 Middleburgh, N. Y._.320, 540 North Carolina_99, 205. 321, 852 Plattsburgh, N. Y daho (State of) 852 Mich 970 Idagrove, Iowa' 204, 1213 Liberty, Texas_ _99, 320, 540 Middlebury, Ind 1330 North Catasuqua, Pa Pleasant, Dak-- 99, 320 Fork, 99 North Dakota (State of)...541 Pleasant Hill. Mo 644 Illinois (State on 744. 840 Lidgerwood, No. Middle Ore 1216 819. 1213 Ohio_320, 744, 1214, 1454 MI!dieser, Ont 101 North Elba, N. Y 205 Pleasant Ridge, MIch Ilion, N.Y Lima, Ohio 541 Imperial, Bask 973 Limon, Colo 1214 Middletown, Ohlo.90, 320, North Loup, Neb 436 Pleasantville, Colo___745, 969, 1330 540, 644, 1214, 1451 North Platte, Neb 746 Plymmer, Neb 100 Independents), Ohio, 643, Lincoln, 1216 968. 1329 Lin ol 1, Mi b.....320. 433. 643 Midland, Ont 208, 323, 748 Northvale, N.J 436 Plymouth, Ind 540, 850 99 North Vancouver, B. C_ 343 Plymouth. Mass 100 Indiana (State of)____1213. 1329 Lincoln, Minn Milan, Mont 1331 Indianapolis. Ind., 204.319, , Lincoln, Mo 745 Milan, Texas-- -.851, 969. 1454 North Vernon. Ind__ .321, 541 Fonahontas, Iowa 849 320, 1330 So. Dak 540 644 Ponatello, Idaho 970, 1455 539. 648, Lincoln, Neb Milbank, 1210 Ingham, Illeh 639 Lincoln, No. Caro_ -850, 1214 Miles City, Mont___99, 320, 851 Northwocei, Iowa 644 Polasett, Ark 851 North York, Ont 543 Point aux Trembles, Qua_ -1334 Inglewood, Calif 319 Lincoln, Texas 643 Miles, Iowa 101 Inkster, No. Dak 1329 Lincointon, No. Caro 850 Mill Valley, Calif 99, 320 Norwalk, Conn 436 Point Gray, B.C 968 N. Y_540, 745, 969 320 Norwalk, Ohio 1215 Point Pleasant, N. J 436 Inwood, Mich Lindenhurst, Milton, La Ohio 100 Ionia, /slick 643, 968 Lindley, N. Y 1330 Mimic°, Ont 748 Norwinh, Conn 1331 Point Township. 204, 435 1214 320 Norwood, Ohio 201 Poland, N. Y 1331 Iola, Kan Lindsay, Neb Mina N Y 436 Iowa (State of), 1104, 435, 1329 Lindsay, Ont 323 Minneapolis, Minn...320, Norwood, Ont 203 Polk, Ga 1213 Linn, Kan 643 745, 980, 1330, 1453 Nowata, Okla 321 Polk, Iowa 1456 Iowa. Texas 435. 540, 852 Irene, Bo. Eh* 204 Lintlaw, Bask 973 Minnesota (State of) Nueces, Tel 644, 970, 1215 Pompey, Miss 1213 Ark 1454 Missoula, Nunda, So. Dak 1215 Pompton. N. J 541, 852 Irondequoit, N.Y Little Rock, Mont 748, 1455 Ironton, Ohio 968 Little Swift, No. Caro 435 Mitchell County, Texas_99, 4549701 Ponca, Okla 435 1454 8.51,13 97030 akdale, La 644 Ponchatoula. La 1216 Ironwood, Mich Live Oak, Tex 644, 205,970 435, 744 Livonia, N. Y 99 Ind Oukland, Neb 321, 746 Pope City, Ga Island, Wash Mishawaka, 205 Isle, Minn 539, 968 Lonkasburg, Ark 969 Mission, Texas 644, 885511 oaklyn, N J 1215, 1455 Portal, No. Dak 850 N. Y._320, 540, Oakmont, Pa 1331 Portage, Mich 644 Isle. La Lockport, Modesto, Calif 746 Itasca. Mina 539, 744 643, 850, 1454 mobile, Ala_320, 435, Oakwood. Ohio 321, 1215 Portageville, Mo 320, 643 644, 851, 970 Oakville, Out 645 Port Arthur, Ont 109$ Lockwood, Mo 540, N. Y 970 Tackson, lad 1453 Logan, Colo 204, 435 Mohawk, N. Y 1214, 1330 Oberlin, Kan 644 Port Chaster, 539, 744 1214, 510 Oberlin, Ohio 321, 436, 644 Port Credit, Ont 101 at ackson,Ky Logan. Ohio_ _745, 1330 M s) sum,Pa 1216, 1455 Jackson, Minn 319 Logansport, Ind 969, 1214 Monmouth. N. J 970, 1330 Oceania, Minh 321 Porter Ind 1329 435, 1344 Oelwein. Iowa...... 100, 641, 852 Port Huron, Mich_100. 641, Jamestown, N. Y Lompoc, Calif 99 Monroe, Miss 971, 1216, 1331 Jamestown, No. Dak 435 London, Ont. _101, 323, 1214 Ogden, Utah 1455 852, Ogdensburg, N.Y 441 Portland, Me_436. 852, 971,1331 Jasper, Ind 204 643, 973, 1458 Monroe,MIngd 644, 851 541 1213 Dak 644 O'Hara, Pa 970, 1331 Portland, Mich Jasper, Iowa Lone Tree, No. Morril, Kan N. 852 Jasper, Texas 1329 Long Branch, N. J 14594g Montealm, Mich 320 Oklahoma City, Okla 205 Portchetter, 1Y. 1454 Okmulgee, So. Caro 1215 Port, Ore 852, 1331 Jay,Ind 819.744. 1329 Loraine, Ohio Ore_100, 321, 644, 971 Jaynes, Ariz 319 Loraine, Tex 204, 6841 Montezuma, *job"Cob 745 Oktibbeha, Miss 1331 Portland, Olanta, So. Caro 1215 Port of Seattle. Wash 1456 Jefferson, Ind 850 Los Angeles, Calif_ -204, ntgomery,Mo Ohlo_99,540, 1454 43$ 968, 1329 850, 745, Olney, Iii 1455 Port Perry, Ont Jefferson, La 744, 320, 540, 643. 745, Montgomery, Tex_435, N. H 541 Jefferson, Nebr 1213 969, 1214, 1330 970, 1540033 Omaha, Neb 1215, 1331 Portsmouth, 541 Portsmouth. Ohio 1216 Jefferson, Ohio 319 Louisa. Iowa 850 Monticito, Calif Onamla. Mims 436 643 204 Oneida, N.Y 644, 746 Portsmouth, Vs 205, Joneva, Ohio 99 Louisville, Ky Montpeller, Idaho Idaho 206 1453 (State 320 Que....208, 323, Oneonta, N.Y 1331 Post Falls, Jennings, La Louisiana of) Montreal, 1455 Preble, Ohio 1331, 1456 Jerry. Fla 204 Lo.e. Ohio 969 438, 543, 646, 748. 855, Onida, So. Dak Ontario, Ont 433, 543 Prescott, Wis 100, 971 Jersey City, N. J 744, 968 Lovelady, Tex 1454 973, 1334 321, 746 1213 1330 Orange City, Iowa 541, 741 Weill°, So. Dak Johnson, Ark Loveland, Colo Morgan, Colo Ont 208, 1834 Johnson. Tessa 1329 Lowell, Mass 1330 Morganton, No. Caro_201,1454 Orange. Ind 205, 321, 745 Preston, 3201443545 Orange, Tel 205 Price, Utah 205 Johnston, No. Car 204 Lucas, Ohio 540. 850 436, 746 643, 850 99, 320, 540 Orange, Ohio 204 Primrose, Neb Johnston, Has Ludlow, Ky Moroni, Utah 852 Jones, Texas 435 Luquillo, Porto Rico Morril, Kan 204 Orange. Fht 852, 1215 Prince, Md 1927105 Orange, Texas 201 Princeton. N. J 100 Jordan. Ore 1453 Lynn, Mass 989, 1454 Morris, Okla 436 319 643 Orangetown. N. Y 1455 Prospect, No. Oak Juanita, No. Dal Lyndhurst, Morristown, M11111 Kan 205, 436 IowaOhioLyons, 435, 969 Morristown, Tenn-745, 1451 Orchard, Neb 1100, 436 Protection, 969 Oregon (State 00.100, 205, Providence. KY 1218 Kalamazoo. Mich--.435. Lyons, Mims Morrow, Ohio 1-853, 971, 1332 744, 1213, 1329, 1453 Lyons, Nev 1214 Morton, Kan 204 436, 541, 644 Providence, R. 1453 1215 Orleans, V t Provo, Utah 1216 Kalispell, Mont Morton, Wash _321, 645, 1455 Kansas, Okla 1213 It/T,Comb, Ohlo_204, 435, 643 Morven, Ga 320 Or Rifle, Calif 438, 1215 Pueblo, Colo_- of).204. 99 1330 Orrville, Ohio 1215 Pulaski, Ind.746, 853, 971, Kansas City (State M.:Cook, Neb Moscow, Tex 1216, 1332 435. 643 McCulloch, Texas 320, 969 Mount, Pa 851 Orwell, Ohio 970, 1455 744, 968 204 1330 Osage, Kan 644 Kansas City, Mo.-204, Magee, MI98 Mt. Lebanon,Pa 646. 855, 850 McKees, Pa 1330 Mountain, Mo 99 Osborn, Ohio._ -205, 970, 1331 sebec, Que.543, 850 Texas. .540. 1214 436, 540 Osceola, N. Y 852 973, 1218. 1468 Kaufmin, Tel McKinney. Multnomah, Ore 100, 205 Kearney. Neb 319, 1213 McKinney, Miss 643 Muni dog. Minh 1454 Oshawa, Out 748, 1334 Qutnah, Tel 1329 31cLoed, Minn 1454 Tenn__ _970, 1331 Oswego, N. Y 1215 Quincy. 111 436 Keene, N. El Murfreesboro, 1465 Keesville. N.Y 1329, 1453 McMinnville, Ore_ -969. 1330 Murray, Minn 204, 320 Otero, Colo 970, 1451 Quinn, So. Dak Kenedy, Tel 99 Macksburg, Ohio 969 Muscatine, Iowa 320 Ottawa, Ohio 205 643 Madison, Ind 969, 1330 540, 1331 Ouachita, La 1455 afford, Va 746 Kenmore. N. Y Muskegon, Mich 643, 973 Kenmore, Ohlo_319, 643, 1453 Madison, Mont 435 Myakka, Fla 851, 1331 Outlook, Wash 1331 R.111800, Bask Kenogami, Qua 1218 Madison, Va 969 Owen,Ky 436 Ramapo, N. Y___321, 641, 1091 Mina 319, 643 Madison, Ohio 320, 1214 Tex_99, 204, Owen, Wis 321 Ramona,So. Dak 748. 853 Kensington, Nacogdoches, 1466 Kent, Del 968, 1453 Madison, So. Dak 969 438, 541, 1331 Owen Sound, Ont....323, 433, 743 Ramsey, Minn Killbuck, Ohio 204, 539 Madison, Miss 320 Nampa, Idaho 99 Owosso, Mich 205 Randolph, Neb 1461 319 Madison, N. J 540. 745 Napoleon Fla 438 Oyster Bay, N.Y 100 Randolph, N. J.321, 436, Kimball, Nob 746, 971 Kimball. Bo. Dak _436,639, Madison, No. Caro 1454 Nassagawega, Ont 1218 Oxford. Miss 852 641, Wis 746, 1215 Rapid City, So. Dak-.100, 205 643, 850 Sladoc, Ont 208 Nashua, N. H 99, 070 ()nuke°, isa 1215 Kimanla.Idaho 958 Magnolia, Texas 435. 851 Nashville, Tenn 644. 851 Ravenna, Ohio Kinderhook, N.Y 1329 Mahaska, Kan 643. 969 National Park, N. J__1215, 1331 schev, Calif 541 Rayne. La 746. ssi. 971 1218 1214 1331 Page, Iowa 644 Reading, Pa 205, 641, 645 Kingston, Ont 048, Mahoning, Ohio Natrona, Wyo 1216 Kinney, Minn 319 Malden, Mass _1214, 1330, 1454 Navajo, Ariz____541. 745. 1215 Painesville, Ohio 970 Reagan, Tex 813, 969 Tex Palestine, Texas 541 Red Bluff, Calif 206 Kinston, No. Caro 319 Malin, Ore Navarro, 821 Kirksville, Mo 643, 1213 Mamaroneck, N. Y 320 Nebraska City, Neb....320,142312 Palmyra, N. Y 1215 Red Cloud, Neb 1213, 1454 Manion, La 851, 1214 Nebo, Utah 851 Palo Alto, Calif 541, 852 Redondo, Callf_436, 645, Kirkwood, 520-540, 1216, 1455 Kitchener, Oat 646 Manassa, Colo 969 Needles, Calif 970 Parnassus, Pa 852 746, 320 Parkton. No. Caro 1455 Red Rock, Okla 321 Klemme,Iowa 643 Manchester, N.1I-99, 204, Neligh, Neb 321 435 320, Neodesha. Kan 644, 851 Pascagoula, Miss 852 Red Willow. Neb Knott. KY 1454 100, 1455 Knox, Tel 643, 744, 988 Manham, La 745 Neosho. Mo_204. 436, 541, 745 Passaic, N. J 970 Redwood. Minn 643, 851 541 Payette, Idaho 970 Reed City, Mich 1096, 1332 Kokomo, Ind 969, 1329 Manhattan, Kan New Albany, Ind 320 Kress. Tel 1329 Manitoba, Man..543, 646, 1458 New Albany, Miss 851 PeabodY, Miss 852, 970 Ree I pa* , e.- 1330 436, 541 Pend, Wash 970 itegina, Sask., 438, M.85 5.973 Manitou, Colo Newago. Mich 1332 T achine, Que.-.101, 646, 1458 Mankato, Kan 643 Newark, Ohio 99, 644 Penns, N. J 746 Reno, Nev Pennsauken, N. J 644 Rensselaer, N. Y 821, 436 Lsa Crosse, Wis-204, 435, Mansfield, Ohio 1214, 1454 New Bedford, Mass 1331 1216 539, 1457 Mantorville, Minn...... ,.. 435 New Berg Ore 321, 745 Panola, Texas 321 Renville, Minn 853, Republican, Neb 1456 La Grange Ind 1213 Mapleton, Iowa...99, 1214, 1454 New Bern, No. Caro 321 Paramus, N. J 205, 436 204 321 Paris, Ont 203 Reynolds, No. Dak 1216 La Habra, Calif 1213 Marathon, N. Y New Bloomington. Ohio. 1455 Porto Rico 850 Maricopa, Ariz__ .435, 643, 745 Naw Bastau, Ohlo____541, 1331 Parker, Pa 541 Rhineclift, N. Y Lajas, Rhinelander, Wle....321,853,1096 Lake. Miss 639. 850 Marin, Calif 1214 New Britain, Conn 851, 970 Parma, N. Y 541 320 of Parmer, Texas 1215 Richardson. Neb 1332 Lake Fla 643 850 Marion, Ala New Brun5wIck, Province 746 1329 Marion, Ind 851 323, 438 Parshall, No. Dak 541 Riceville, la Lake, Mich 969, 1213. 1332, 1466 Minn./43, 969. 1213. 1329 Marion, No. Caro 1214 NeWOomeratown, Ohlo_436, Pasadena, Calif-100, 852, 1331 Riehland, La Lake, Richland, Mich 1216 Lake. Tem 99 Marion, Ohio_ .435, 745, 1214 644, 970, 1215 Passaic. N. J 1215

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis JAN.-MAR., 1923.] INDEX XIX

BONDS-(Confinned)• BONDS-(Conffnued), BONDS-(Continue). BONDS-(Conttuned) . BONDS-(Concluded)• Page. Page. Page. Page. Page. 1457 Ohio_ 206. 541, 1332 San Juan, N. Max 1216 Starr, Texas 100 Upper Arlington, 0...542. 1457 Weimar, Tex Richland, Colo., 645, 854. 972, 1457 Richards, Tex 321 Santa Rosa, Calif_ 1096, 1332 State Center, Iowa 1096 Upper Glendive, Mont_207, 747 Weld. 100 Sarasota, Fla 437, 1332 Statesville. No. Caro-..206. 542 Upper Quiver. MIEN- _322, Wellesley, Mass 854 Richmond, Calif 645 Heights, Ohio- 100 Saratoga Springs, N. Y.-.1458 Steele, Minn 206, 854 437, 645, 1097 Wellington, Kan Richmond Ont., 438, 543. 1098 Richville, Mich 436 Sargent, Colo 853 Steelton, Pa 645 Upshur, Tex 207, 1333 Wellington. 746, 971 Sarnia, Ont 208, 1334 Stephen, Okla 542 Urbana, Ill 101 Wendell, Idaho 845 Ridgewood, N.J 1457 Ridley, Pa 436 Saskatchewan, Sask. .323, Steuben,Ind. -747, 1097, 1456 Utica, N. Y. _101. 1097, 1333 Wentworth, So. Dak 436, 853 1218, 1334 Steuben, N.Y 437, 542 West Allis. Wise 1457 Ripley, Ind 543, 973, 1333 Tenn 1216 Saugus. Mass 206 Steubenville. Ohio 1456 Ifaller, Mont _207, 854, 1333 Westboro, Maas Ripley, 854 Rittman, Ohio 321, 645 Saunders Neb 971 Stewart, Minn 542. 747 V anal°, Cal 207 West Chester, Iowa 100. 542 Stewart, No. Dak 1217 Valley, Neb 101 Westchester, N. Y...1333. 1457 Riverdale Calif 1216 Savannah, Ohio 972 645, 1455 Sayre. Okla 1456 Stillwater, Mont 747 Valley Falls, Kan 207 Westfield, Mass 854. Riverside, Cal__ _ _321, Conn_1097. 1217 Robersonville, No. Car__ 746 Sayreville, N. J 1216, 1332 Stockton, Calif- -100. 437, 542 Valleyfield, Que 1458 West Hartford. 321, 1455 Scammon, Kan 206 Stone, Ark 100 Valley Junction, Iowa 1333 West Hickory, No. Car....1333 Robertson, Tex....100, 855 Robinson, Pa 971 Scotland, So. Dak _206, 747, 1216 Stonewall, No. Caro 1456 Valley Mills, Tex 437 West MIssouri, Ont 971 Stratford, Ont 208 Valley View, Colo 1457 West Monroe, La 1097 Roby. Tex 1455 Scott, Iowa 1458 542, 7443 Scott, Ind 1216 Strege, No. Dak 645 Van Buren, Mich 1333 Weston, Ont Roch,11e, Ga Mo 748, 854 Rochester, N. Y., 100, 206, Scott, Minn 100, 853, 1096 Stuart, Neb 322 Vance, No. Caro 854 West Plains, 1456 Sturgeon Falls, Ont 748 Vancouver, B. C.323, 646, 1334 West Springfield, Mass__ 438 320, 645. 746, 853, 1096, Scott, Ky 747 327 Sturgis. Mich_ _971, 1097, Vancouver, Wash 437, 854 West Tampa, Fla 1216, 1332, 1456 Scottsbluff, Neb 1097, 1334 Rockford, Ohio 1332 Scottsville, N.Y 1216, 1332 1333. 1456 Vandal's, Mo 207 West View, Pa Virginia 542. 645 Rock River, Ill 746 Scranton, Pa 206Suffolk, N. Y 206, 322 Vanderburgh, Ind 101, West 748 Sullivan, Ind 1456 207, 747, 971, 1217, 1333, 1457 Weymouth, Mass 1097 Rock River, Wyo 1332 Seaforth, Ont 1457 1096, 1332 Sullivan. N. Y 1333 Ohio 971 Wheatland. N. Y Rockport, Mo 100 Sea Tex 645, 1097 Seattle,;Wash_ _. _206, 1216, Sullivan, Tenn 645 Van Meter, Iowa_10 1. 322, 542Wheeler. Rock Valley, Iowa...... 542, 853 White, Ind_101, 323. 645. Rockville, Conn 100 1332, 1456 Sumner, Kan 206 Venice, Cal 542, 971 853 Summit, Ohlo_100, 206, Ventnor City, N. J._.1097. 1457 854, 1097, 1217 Rocky Ford, Ohio 206, 645 Sedalia, Mo 437, 645 322 542. 1097, 1333, 1456 Vermillion, La 747 White, Kan Rocky Mount, No. Caro.._1332 Sedgewick, Colo Pa 542 Selkirk, Man 1098 Sumner, Kan 206 Vernon, Conn 207, 322 White, Rocky River, Ohio_ __ _321, 853 Whitefish, Mont 101, 1217 436 Selma, Ala 322 Sumter, So. Caro 437, 854 Vernon, La 1097 Rolla, No. Dak 1457 White Lake, So. Dak 323 Roscoe, 1096 Selma, No.Caro 1332 Sunnyside, Wash 542 Vernon, Tel Tex 437, 1097 White Salmon, Wash_438, 854 Rosenberg, Texas_100, 747, 971 Senecaville. Ohio 1096 Sunny Slope, No. Dak 645 Vernonia, Ore..322, 1332 Superior, Ohio Versailles, Ohio 1457 White Tail. No. Dak 972 Rotan, Texas 436, 971 Sevier. Utah 100 1334 1456 Surry, No. Caro 1217 VicksbUrg, 1217 Whitley. Ind 972. Rowlesburg, W.Va 971 Seymour, Tex Miss 1217 Ore 971 Susquehanna,Pa 1217 Victoria, B. C 1218 Whitman, Mass Roxboro, No. Caro 1456 Shasta, -207, 438. Shawinigan Falls. Que 543 Sutton, Neb 854 Vigo, Ind_101, 747, 854, 1333 Wichita, Kan Royal Oak, Mich.436, 1332,1456 1097 748, 1097 Ruffin, 853 Shawnee, Kan 645. 853 Swampscott, Mass_ _542, 1333 Villa Park, Ill So. Cam 437, 645 Wichita Tex 748, 855 Ruaselville. Ala 436, 971 Shelby, Mich 1333 Sweetwater, Texas 206 Vinton, Tex 322 Swisher, Texas 1456 Wildflower, Calif 207. 323 Rule, Tex 971, 1096, 1456 Shelby, Ohio 1217 Shelbyville, III. _206, 971. 1216 Swissvale, Pa 1097 Wabash, Ind., 207, 322, Wildrose, No. Dak Rush, Ind 1216 1217, 1457 Wildwood, N..1 207 645. 971 Shelbyville, Ind 100, 645 Syracuse, N. Y 1456 747, Rustic, Cal 972, 1457 207, 748 Rutherford, N. J 436, 645 Shelbyville, Tenn.853, 971. 1333 Waconia, Minn Wilkinaburg. Pa _206. 1096, 1216 Wash. 206. 437, Wadsworth, Ohio Williamson, Iowa_101, 648, 855 Rye, N. Y 1216 Shelton, Neb._ Tacoma. 855. 1457 Sherbrooke, Qua 973, 1334 854.1333, 1456 Wahoo, Nebr 972 Willoughby, Ohio-748, Willowbrook, Callf____972, 1332 Sheridan, Ore 747, 1096 Talladega. Ala 542, 1097 Wake, No. Caro 1217, 1457 Qt.Michaels, Md 1217, 1457 1098, 1457 t. Paul, Minn-322, 437, 1458 Sheridan. Wyo 206. 1458 Tallahassee, Fla 542 Wakefield, Mass 542, 853 Talpa, Texas 100. 1333 Wakafield, Nebr 854 Wilmington. Del 1098, 1334 St. Paula. No. Caro 206 Sherman. Neb 1098 Shiawassee. Mich 971, 1216 Tampa, Fla 747 Wakonda, Ill 101 Wilmot, Ark St. Petersburg, Fla., 747, Tex 1217 1096. 1332 Short Creek. No. Dak 1456 Taylor, Texas 1217 Wakulla, Fla 747, 1457 Wills Point, 1097 Winchester, Ky 748, 855 St. Thomas, No. Dak_542, 747 Sidney, N. Y 206 Teck, Ont 1218 Walker, Minn Mex 853 Tecling, Texas 206 Wall, Iowa 1217 Winchester, Mass 1334 Salaberry, De Valleyfield, Sierra, N. 1093, 1334 1218 Sierra Madre, Calif 1096 Tecumseh, Ont 14.58 Wallace, Idaho 1097 Windsor. Calif Que Ont 1098, 1218 542, 645, 1456 Silver Bow, Mont 1333 Tehonsha. Mich 971, 1333 Wallaceburg. Ont 101 Windsor, Salem, Mass 101 Winfield, Kan 646, 1098 Salem, Nebr 100 Silverton, Ore 1456 Taint)°, Wash 206 Wallowa Ore 646, 855 Tennessee (State of)_ .1097. 1333 Walsenburg, Colo.. 207, Winnebago, Minn 1334 Salem, N. J 853 Simcoe.Ont 1334 Sinclairville, N.Y 1217 Terrell, Texas 1097, 1456 437, 645, 1097 Winner, So. Dak 972, Salem, Ohio 645, 747 101, 208 1332 Sioux City, Iowa_747, 853, Texas (State on _ 206, 437, Walstonburg, No. Caro_ __1333 Winnipeg. Man Salem, Ore 542 Winnsboro, So. Caro 972 Ran 327 854. 971, 1217 971, 1333, 1456 Walton, Mass .207, 322, 101 Winona, Kan 101 Sabine, Texas 100, 1456 Sioux Falls, Bo. Dak._206, Thermopolis, Wyo 437 Walton. N. Y 322, 542, 1096 Thief River, Minn_ __971, 1217 Walworth, Wis 645, 1333 Winter Garden, Fla 1334 Saddle Butte. No. Dak..-1332 1217 542 Sioux Lookout, Ont 543 Thomasville, No. Caro.- A457 Wapakoneta, Ohio. _542, 854 Woburn, Mass Safety Harbor, Fla 438, 542, 748 Harbor, N.Y 971. 1098 Sisterville, W. Va 854, 1217 Thompson, N. Y 645, 747 Wapello, Iowa_ _207, 972, 1097 Wood, Ohio Sag 747. 8 1217 St. Bernard, Ohio 322 Skagit, Wash -206, 1217, 1456 Thorp,So. Dak 100, 1333 Ware Maas Wood, Wls Center, Kan 206, 645 Three Forks, Mont ___1333, 1457 Warren, Ind 207. 1217 Woodbridge, Ont 323, 438 St. Boniface, Man 543 Smith 1098 543 Snake River, Idaho 971 Three Lakes, Minn 1333 Warren, Mass 322, 542 Woodburn. Ore 323. St. Catharines, Ont 1457 207 437 Snipes Mountain, Wash_ _1333 Tiger, Okla 1217 Warren. Ohio 322. Woodland, Mich St. Helena, Cal 542 Woodlawn, Pa 972, 1334 St. Henry. Ohio 322, 645 Solvay, N. Y 1217 Thurston. Ohio 437 Warren. Mich Somervell, Tex 437 Tillamook, Ore 1333 Warren, Pa 1457 Woodruff, Ind 748 St. Jean, Que 855 1098 542. 1332 South Euclid, Ohio 322, 747 Timber Lake, So. Dak_542, 1097 Warrick, Ind 1457 Woodstock, Ont St. Ignace, Mich 747, 1217 N. J__,1217, 1457 St. 1456 South Lancaster, Wis__206, 747 Tippecanoe, Ind_206. 747, 971 Wasatoh, Utah Woodstown, Johns, Fla 1217 Ohio 323 St. Johns, Que 748 South Norfolk, Va 437 Toa Baja, P. R 645 NJaseca, Minn Wooster, Pasadena, Callf_100, Toledo, Ohio _ _ _ _747, 971, Washington, Colo., 207, Worcester. Mass.542, 646, St. Johnaville, N. Y 971 South 1457 747 437, 747, 1096 1097, 1217 323, 747, 1457 748, 1334, St. Joseph. Mo 747, 854 405 St. Que 648, 855 South Portland. Me 645 Tom Green, Tex 437 Washington, Ind Worth, Iowa Lambert, 1097 Iowa 207 Wright, 1098 St. Landry, La 206 South St. Paul, Minn_322, 437 Toronto,,Ohio Washington, Iowa 1096 Spangler, Pa 747 Toronto, Ont_ _101, 208, 1218 Washington, Md., 101, 207. 437 Wright, Minn 1457 St. Louis. Minn 645 1098 St. 746. 853 Spanish Fork, Utah. .854, 1217 Traer, Iowa 1097 Washington, No. Car_207, Wyandotte, Kan L011111, Mo Ohio, 207, 207 Salem. So. Dak 645. 853 Sparks, Nev 1096 Trail, B. C 543, 973 Washington, Wylie, Tex 1096 Sparta, Wis 542, 747 Trenton, Mo. _100, 1217, 1457 542, 972. 1097. 1333 Wynnewood, Okla 855 Salina, Kan 207 323 Kan 206 Spearman, Texas.437, 747, 1096 Trenton, Ont 1334 Washington, Va Wyoming, Mich Saline, 972 Saline. Mo 322, 853 Spink, So. Dak.. _437, 747, 1096 Trimble, Ohio 1217 Washoe Nev 206, 322 Okia 971, 1217 Tripp, So. Dak 1097 Waterloo, Ont 646 Xenia. 0010 1334 Salt Creek, Ohio 542 200 Spokane, Wash 1217 Troy, Ohio 645, 854, 1097 Watertown, MOM 438, Salt Lake City, Utah 748 Salt River, Ariz 322, 853 Springdale, Pa 100, 645 Tulare, Calif. _100, 322, 542, Watertown, N. Y _322, 747 Springfield, Mass 206. 854 645. 854, 1097 Waterville, N. Y 854 adkin, No. Caro 1218 Sampson, No. Caro__ 323, 646 San Bruno, Calif 100, 322 Springfield, N. Y 100 Tung, Tex 971 Waterville, Ohio 1217 yakima. Wash Springfield. Ohio 747, 1217 Turtle Creek, Pa 322, 854 Watervliet, N. Y 854. 1097 Yavapal, Ariz 646 San Bernardino. Calif _853, 1457 1096. 1216 Spring Hope, No. Caro__ 322 Tuscambia, Ala 542. 1457 Wayne, Ind., 207, 438, Yermo, Calif Valley, No. Dak_ _ _ _1217 Tustin, Calif 1097, 1217 1097, 1217, 1333,1457 Yonkers, N. Y...542. 748. 1457 Ban Diego, Calif _100, 206, Spring 855 437, 542,747. 1096 Spring Valley, Ohio 1456 Twin Falls, Ida 542, 854 Wayne, No. Car 972 York, Neb Springwells, MI,b _ 322,854, 1096 Tyler, Tex 854, 1457 Wayne, Ohio 101 York, Ohio 101 Sandusky, 01110_542, 747, 1457 853, 1096, 1456 Spruce Pine, No. Caro 1333 Weakley. Tenn 207 Yorktown, N. Y 208. 323 Stamford, Conn 1456 matilla, Fla 100 Webb, Matt 542, 1333 Youngstown, Ohio-101, 1218 Sandwich, Ont 1218 Sanford, Me 1216 Stamford, Ont 208, 323 Unlon, N. Y 437 Webb, N.Y 972, 1217 Yuba, Calif San Gabriel, Calif. ..1096, 1332 Stanton, Mich 1333 Union. Ore 207, 437 Webb, Tex 1097 1216, 1456 Stanton, Tex_322, 542, 747, 854 Union, So. Caro 206 Webster, Iowa 748 Zlebach, So. Dak._323, Sanilac, Mich 1098 San Jose, Calif 747, 971 Starke, Ind _645, 971. 1217. 1456 University City, Mo.._645. 1097 Webster, N.Y 1457 855.

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