BANK AND QUOTATION SECTION OF THE & FINANCIAL CHRONICLE. C,414OMMERCIAL

Copyrighted in 1015, aceording to Act of Congress. by WILLIAM B. DANA COMFANTY,in offiee of Li hriirian of Congress, ‘vatitingten. D.C. VOL. 101. NEW YORK, DECEMBER 4 1915. NO. 2632.

PA.K. AND QUOTATION SECTION REVIEW OF NOVEMBER. The most important incidents during November The Bank and Quotation Section. Issued monthly. is furnished without extra charge to every annual subscriber of the Commercial and were (1) the further extension of business activity Financial Chronicle. The Railway and Industrial Section, issued three times a year on the and the development of a freight blockade on the last Saturday of February. June and October, is likewise furnished without extra charge to every annual subscriber of the Chronicle. great trunk lines to the seaboard, caused, not alone The Railway Earnings Section. issued monthly, containing the sworn returns of earnings and expenses filed each month with the Inter-State by the magnitude of the freight movement, but by Commerce Commission, is also furnished without extra charge to every annual Chronicle subscriber. the fact that the shipments were in great part for The Electric Railway Section. issued three times a year, in January, May and September, s likewise furnished without extra charge to every export in connection with the war in Europe, and, Chronicle subscriber. owing to the scarcity of steamships, ocean The State and City Section. issued semi-annually on the last Saturday freight of May and November. is also furnished without extra charge to every subscriber of the Chronicle. room was not available in sufficient quantity to The Bankers' Convention Section. issued yearly, giving the detailed take care of the shipments, with the effect of causing proceedings of the annual convention of the American Bankers' Associa- tion. is also furnished without extra charge to Chronicle subscribers. great congestion at all the railroad terminals; (2) the Terms for the Chronicle, including the six Supplements above named. are Ten Dollars per annum within the United States, Thirteen Dollars quieting down of speculation on the Stock Exchange (which Includes postage) in Europe. and $11.50 in Canada. File covers for the Chronicle are sold at 60 cents each; (which includes and a discontinuance for the time being of manipu- postage). File covers for Supplements can be had at same price. CIIICAGO OFFICE-39 South La Salle St. lative practices for sending prices skyward; and LONDON OFFICE—Edwards & Smith. 1 Drapers' Gardens, E. 0. (3) the vigorous7prosecution by .Germany, Bulgaria WILLIAM R. DANA COMPANY. Publishers, and Austria of their Balkan campaign, and the Front. Pine and Depeyster Streets, New York. inability of the Entente countries to interpose any effective obstacles to the onward movement, while INDEX at the same time doubts and fears haunted the Entente TO ADVERTISEMENTS OF BANKS AND TRUST COMPANIES peoples and Governments with reference to possible antagonistic action by Greece or at Atlanta. Oa.— Page Mobile, Ala.— Page. Atlanta National Bank 3 People's Bank 9 least action imperiling the security of the forces Baltimore. Md.— Nashville. Tenn.— which were being sent to the Balkans to aid the National Bank of Baltimore..__ American National Bank 8 Safe Deposit & Trust Co 4 Fourth and First Nat. Bank 10 Serbians. Birmingham. Ala.— Newark, N. J.— The British and the French continued to land First National Bank Union National Bank 3 troops at Salonika from whence they were sent into Boston. Mass.— New Orleans. La.— National Union Bank 2 Whitney-Central Nat. Bank,... the southern part of Serbia, it being estimated that Chicago, ill.— NewYork, N. V.— this expeditionary force aggregated 150,000 to Savings 13k. & Tr. Co- 6 Chicago Chemical National Bank Continental & Com'l Nat. Bk_ 9 Coal & Iron 200,000 effective men by the end of the month; Corn Exchange Nat. Bank__ 8 National Bank Bank of Chicago__ 7 Farmers' Loan &Trust Co 14 First Nat. Hanover National Bank and though this force was not sufficient to overcome Live Stock Exchange Nat. Bk. 6 National Merchants Loan & Trust Co__ 12 Seaboard Bank the invaders it is significant that only in southern National Bank of the Republic- 11 Norfolk. Va.— Serbia did the Bulgarians or the Germans and Cincinnati, Ohio— Norfolk National Bank 3 Fifth-Third National Bank...... 10 Austrians fail to overwhelm the Serbian army, Paterson. N. J.— Cleveland. Ohio— National Bank which put up a stout defense and was able to inflict First National Bank 10 First Union National Bank 10 severe losses upon the invaders. The latter took Philadelphia. Pa.— Denver, Colo.— Corn Exchange Nat. Bank__ 5 one strong point after another despite obstinate First National Bank 7 First National Bank 4 Fourth Street National Bank_ 9 resistance, capturing large numbers of Serbian Detroit. Mich.— Franklin National Bank First &. Old National Bank.... 3 Girard National Bank 4 prisoners and also numerous guns and extensive People's State Bank (I Girard Trust Company 6 Market Street National Bank.. 4 of ammunition. On Nov. 28 the German Fort Worth. Texas— Philadelphia National Bank— 5 supplies Fort Worth National Bank-- 7 Tradesmen's National Bank.. 4 General' Staff gave out an official statement an- Grand Rapids, Mich.— Pittsburgh, Pa.— what it to believe the close of Old National Bank 6 Columbia National Bank 5 nouncing professed the Serbian campaign, as far as the Serbians were Hartford, Conn.— Providence. R. Hartford-Aetna National Bank 2 I.— Merchants' National Bank-- 2 concerned. The statement said : Indianapolis. Ind.— "With the flight of the scanty remains of the Merchants' National Bank— 10 St. Louis, Mo.— Mechanies'-Arnerican Nat. Bk. Serbian army into the Albanian mountains our great Jersey City, N. J.— National Bank of Commerce. 7 First National Bank 2 operations against the same are brought to a close, Los Angeles. Cal.— St. Paul, Minn.— our object of effecting communication with Bulgaria Citizens National Bank 12 Capital National Bank 11 the Turkish Empire having been accomplished." First National Bank 12 and San Francisco, Cal.- statement further said : Milwaukee, Wis.— The First National 5 Anglo & London-Paris N at.Bk 5 Bank The First National Bank__ 12 "The movements of the army of Field- Marshal Minneapolis. Minn.— von Mackensen; the operations of the Austro- First & Security National Bank 11 Worcester, Mass.— Northwenern National Baok__ 11 Merchants National Bank__ 2 Hungarian Army under General Koevess, which

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was reinforced by German troops, against the to 300,000 men for the invasion of Bulgaria and Drina and the Save; the operations of the army one set of reports had it that with such an army under General von Gallwitz against the Danube to assure protection against annihilation by the near Semendria and Rambasias were commenced Germans the Rumanians would at once enter the on Oct. 6 and the advance of the army under General field against the Central Powers. Another set of Boyadjieff (Bulgarian) against the Negotin-Pirot reports had it that Russia was determined to push line began Oct. 14. The same day a second Bul- this army through Rumania into Bulgaria even if garian army under General Theodoroff also commenced Rumania objected, but it was intimated that operations in the direction of Skoplje and Veles. Rumania might assume an attitude of "benevolent "Since then our troops have accomplished quickly neutrality" and allow troops to pass through her and smoothly the formidable undertaking of crossing territory just as Greece had shown "benevolent the Danube in the face of the enemy, impeded, neutrality" in allowing French and English troops moreover, by the untimely Kossovo assault, and to land at Salonika and pass into Serbia in the en- have captured the enemy frontier fortresses at deavor to come to the relief of the Serbians. The Belgrade, at the taking of which the Austro-Hun- accuracy of these reports, however, seemed open to garian Eighth Army Corps with the Brandenburg question when telegrams came to London from Reserves especially distinguished themselves. Za- Bucharest, saying that Rumania had notified iecar, Kajazevac and Pirot fell into the hands of the Russia of her earnest desire to remain neutral. Bulgarians. "Consequently Russian ships will not be permitted to "In addition to this our troops have completely enter the Danube,which, it is emphasized, has been broken the tough resistance of an enemy who, in mined." One press version went even further and addition to being supported by the nature of the said that the Rumanian Government had not country, is inured to war, and fought bravely. only forbidden use of the Danube to the Russian Neither impenetrable roads, impassable mountains Government, but in an energetic note had made thickly snow-clad, nor the absence of reinforcements the demand that Russia respect her neutrality, and shelter were able to check our advance. adding that if necessary Rumania would defend "More than 100,000,almost half the entire Serbian her neutrality. The latter, however, seems to have fighting forces, have been taken prisoners. Their adopted a similar attitude as regards Germany, losses in battle and by desertions cannot be esti- insisting that armed ships must not- pass through mated. Guns, including heavy artillery, and an the Danube in all-Rumanian territory. At the incalculable quantity oft material of all kinds have close of the month the Austro-Germans deemed been captured. The German losses, however de- it best to divert part of their armies to the Rumanian plorable, have been extremely moderate, and our border to be prepared for eventualities. troops have not suffered from disease." As concerns Greece, Venizelos on Nov. 4 exer- The next day Berlin Military Headquarters cised his power in the Chamber of Deputies to reported the capture of more Serbian prisoners and defeat the Zaimis Ministry, which at once tendered added to the previous day's statement the further its resignation. On Nov. 10 King Constantine information that up to date the total number of issued a decree dissolving the Chamber of Deputies, cannon taken from the Serbians had reached 502, just the thing the Venizelos party did not desire, many of the guns being of heavy calibre. While and fixing the new election for Dec. 19. The the Germans had been pushing steadily south, the decree was regarded as extra-constitutional by the Bulgarians continued their campaign from the east King's opponents, it being contended that the and were successful everywhere, apparently, except Government had no right to call an election while in the south and where they came in conflict with the army was mobilized, owing to the impossibility the French forces. At the end of the month Monas- of the soldiers casting their votes. Pending the tir, though not yet occupied by them, was within holding of the elections a new Cabinet under Premier their control, they having, on Saturday, Nov. 27, Skouloudis was constituted on Nov. 7, and he at crossed the river Carassou to the north of Monastir, once gave formal assurance of "very benevolent and the Serbians having evacuated the place. neutrality" toward the Entente Powers. In a Large numbers of Serbians sought refuge in Mon- telegram to the French Foreign Minister the Premier tenegro and in Albania. The Austrians at the end announced that "the new Cabinet accepts as its of the month, in dealing with the Montenegrins, own the declarations of former Premier Zaimis crossed the frontier of the latter. Under date of regarding the friendly attitude of the Royal Govern- Nov. 29 a statement was given out by wireless from ment as to the Allied troops at Salonika." Skepti- Berlin saying that after the termination of the cism, however, was manifested regarding these , operations against the Serbian main army, the assurances in more than one European quarter, and Austro-Hungarian offensive against Montenegro King Constantine was credited with prepossessions started with the whole of the Austro-Hungarian in favor of Germany. The truth is, however, that force. The first offensive, begun some time before, the position of Greece is a very embarrassing one. had only been intended to impede the Montenegrins If she antagonizes Germany she is in danger of from participating in the operations in the Sanjak. annihilation on land, and if she antagonizes the After having obtained this result, the general Entente countries she runs the risk of having her offensive against Montenegro had now begun. As navy destroyed and her ports bombarded. Field the northwest frontier was a natural fortress, the Marshall Earl Kitchener, British Secretary of attack would be directed from the Sanjak. The War, who on November 6 had unexpectedly Austro-Hungarians already had passed the Lim River. been sent on a mission to the Eastern war arena, The capture of Prisrend in western Serbia near made a visit to Greece and had an interview with the the Albanian border by the Bulgarians took place King and some .of the Government officials and Nov. 28. The Bulgarians after the large batches military authorities. The English and the French of prisoners previously captured were stated to have wanted assurance that if they were driven off taken between 16,000 and 17,000 more, together with Serbian territory and back into Greece they would 50 field cannon and howitzers, 20,000 rifles, 148 not be disarmed and interned for the remainder automobiles and a large amount of war material. of the war. Accounts regarding the result of Lord The attitude of Greece caused great perturbation Kitchener's mission were conflicting, the .same as all through the month and there were also serious accounts regarding other matters. To .bring pres- apprehensions concerning the probable course of sure to bear upon the Greeks a commercial blockade Rumania, though in this latter case the accounts of Greece was threatened. Later, however, it was almost uniformly suggested a likelihood of co- declared that instead of declaring a general blockade operation with the Entente countries. The Russians of the Greek ports the Entente Powers. had, accord- were reported as having massed an army of 250,000 ing to a statement issued by the British Foreign

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Office on Nov. 23, withdrawn, or threatened to appalling losses in their fighting on the Isonzo front, withdraw, the special privileges which Greek com- having apparently decided to capture Gorizia regard- merce had enjoyed since the outbreak of the war, less of cost. From the British Army operating in such as permission to draw her supplies of coal from the Tigris valley reports came that it had reached Welsh collieries and to take other commodities, the ruins of Ctesiphon (Sulman Pah), 18 miles south- the export of which is permitted only to certain west of Bagdad, the objective of the campaign. countries. On Nov. 24 the Entente Powers were After taking the place and repulsing Turkish counter- understood to have presented a collective note to attacks, the British forces, it was stated, were Premier Skouloudis of Greece demanding freedom compelled to retire three or four miles down the of movement for their forces in Macedonia without river to obtain considerable water supply. The interposition of obstacles of any kind. Up to the Turkish version, however, was entirely different, very close of the month Greece's precise attitude and claimed a serious reverse for the British. Of- remained in doubt. A dispatch on Nov. 30 from ficial advices from Constantinople, Nov.30, declared the Athens correspondent of Reuter's Telegram Co. that the British forces in Mesopotamia continued stated that the basis of Greece's reply was a neutral- to retreat following the battle on Nov. 25, which ity which would continue benevolent to the Entente was said to have been, a Turkish victory. as long as the sovereign rights of Greece were not A new French 5% loan of unlimited issue was infringed and no restrictions of a military character announced Nov. 25 with subscriptions to close were imposed. Greece's argument was, it was Dec. 15. The issue price is 88, yielding 5.68%, declared, that with Salonika and its railway com- free from income tax, and 5.73% if fully paid up munication in the hands of the Entente Powers, immediately. The Government undertakes not to Greek forces would be deprived of their own ade- reduce the issue price by conversion during the next quate provisioning base. In other words, Greece fifteen years. Part of the loan was offered in Eng- objects to the evacuation of Salonika by her troops, land, the issue price being the same as in Paris, but the handing over of the railways to the Entente on account of the difference in exchange the English powers,and the policing by the navies of the Entente equivalent was only 79. The first day's subscrip- Powers of her coastal waters to circumvent the ac- tions in Paris, it was estimated, exceeded 25,000,- tivities of German submarines. 000,000 francs ($5,000,000,000). The Bank of In the British Parliament the policy that had been France alone estimated it had received subscriptions pursued in the campaign against the Dardanelles of 13,000,000,000 francs ($2,600,000,000). On Nov. and towards the Balkan countries was the subject 26 the French Minister of Finance, Alexandre Ribot, of frank discussion on the part of the English Govern- introduced a bill in the Chamber of Deputies appro- ment. Premier Asquith having recovered from priating 8,172,000,000 francs ($1,634,000,000) for his previous indisposition, addressed the House of the first quarter of 1916. Commons on Nov. 2 and presented a comprehensive During the month, also, a one-year credit of $15,- survey of the plan underlying.the military opera- 000,000 in favor of French industrial interests was tions. opened in this country by a banking syndicate With regard to the future Mr. Asquith announced formed by William P. Bonbright & Co., Inc., of this that there would be close co-ordination between city, and Bonbright & Co., their Paris correspondents. the staffs of the Entente Powers. On the part of It was stated that, although this credit was not for the British the war was to be conducted by a small the French Government, it was made with its ap- Cabinet Committee which would consult with the proval, and that the syndicate managers expected full Cabinet on questions of the most serious import. shortly to complete arrangements for an additional On Nov. 11 the Premier announced that the new $15,000,000 credit. The entire $30,000,000 is to be War Committee would consist of five members, spent in the United States for commodities. The including himself, he acting for the time being as credit is to be in the form of acceptances which, it is Secretary of War, in the absence of Lord Kitchener, understood, will run for 90 days with the privilege of the other four members being A. J. Balfour, First three renewals;the interest rate to be 5% with one- Lord of the Admiralty; David Lloyd George, Min- half of 1% extra for each renewal. ister of Munitions; Andrew Bonar. Law, Secretary The National City Bank, as central depository of of State for the Colonies, and Reginald McKenna, Great Britain and France, on Nov. 15 received about Chancellor of the Imperial Exchequer. On Nov. 11 $72,000,000 as a result of the payment of the first the Premier asked and received another war credit, installment of 15% on account of the $500,000,000 amounting this time to £400,000,000, thus bringing Anglo-French loan. On Nov. 29 it received a fur- the amount up to £1,300,000,000 for the financial ther $144,000,000 in response to a second call, this year ending with March, and making the total time for 30%, issued on Nov. 18. A credit of $50,- allotted for war purposes £1,662,000,000 ($8,- 000,000 was also arranged with large banks through- 310,000,000). Of course, a vote of credit is simply out the United States in favor of eight of the great the formal authority to borrow war funds; it does London banks, namely Lloyds, the London City & not direct a bond issue or prescribe the form of loans. Midland, the Union of London & Smiths, the Lon- In the other theatres of war,things also did not don County & Westminster, Parr's 'Bank, Barclay quite go to the liking of the Entente Powers— with & Co., the National Provincial Bank of England and the exception of Russia where the Germans com- the London Joint-Stock Bank. The credit is for menced the evacuation of Mitau, their former base six months, bears 41 2% int. and is secured by a de- in the Riga-Dvina region, and, in view of the re- posit in the Bank of England of £11,000,030 British newed aggression of the Russians, apparently gave Government bonds. Each bank entering into the up the task of capturing Riga and the Dvina line. transaction was to receive the joint obligations of From Italy reports came several times that Gorizia, each of the eight London banks. The arrangement considered by the Austrians as one of their most provides that the credit is to be drawn in dollars and formidable positions, had been taken by the Italians that when the participating banks in Great Britain after a campaign lasting more than four months. desire to make payments for their clients in this The report, however, did not prove true, though it country, they will draw upon the New York banks was admitted by the Austrians that the Italian against this credit in the proper amount. A sub- attacks were of the most desperate character and committee was appointed to have charge of the for- that the summit northeast of Oslavia had been eign exchange transactions that may be necessary in temporarily lost by the Austrians and then been connection with the plan. There is to be no recaptured by them. The importance of the town renewal of the credit at the end of the six-months' lies in its being well situated on railway lines con- period. It was understood that additional credits necting the upper and lower valleys of Isonzo. for $100,000,000 would follow as needed in the form Berlin reported that the Italians were suffering of separate transactions. Negotiations were also

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis 18 MONTHLY REVIEW [vol.. 101. understood to be pending for a loan by American close Saturday, Nov. 27, and May wheat opening at banking interests to the Russian Government. $1 07@$1 083/2 as against $1 06@$1 063'g. The The congestion of export freight at railroad ter- close Nov. 30 was $1 05 for the December option and minals on the Atlantic seaboard reached such serious $1 07% for the May option. December wheat at proportions that unusual measures were required Chicago was at its lowest Nov. 1 at $1 00% and at its to cope with it. At a meeting of the Trunk Line highest Nov. 5 at $1 07. The May option was at Association on Nov. 24 it was agreed to reduce the its lowest at $1 023 Nov. 1 and at its highest at free storage time on export freight not consigned on $1 08% on Nov. 30. There was a sharp rise in both through bills of lading from 30 days to 15 days. corn and oats the latter part of the month, Decem- The arrangement was not to go into effect, however, ber corn at Chicago selling up from 57% Nov. 1 to until Jan. 1 1916, and it was questioned whether it 653' Nov. 26, with the close Nov. 30 at 64 cents, and would provide the desired remedy. The Del. Lack. the December option for oats moving up from 38 cts. & West. declared an embargo effective at midnight Nov. 9 to 42 cts. Nov. 29, with the close at 413 cts. Nov. 27 on all shipments for export. The Pennsyl- The stock market, as already indicated, manifested vania RR. and the Baltimore & Ohio followed on much quieter conditions. Transactions were on a Nov. 29 with an embargo on certain exports. In the reduced scale and there was an absence to a great ex- case of the Pennsylvania the embargo applies to all tent of the manipulative practices so decidedly in grain for export at Philadelphia and Baltimore and evidence in preceding months. In the early part on shipments of lumber and flour for export at New repetition of peace rumors induced a heavy liquidation York. Iron and steel shipments for export at New in the war stocks. The declines in prices then ex- York are alone affected by the embargo declared by perienced in this class of shares were not recovered the Baltimore & Ohio. The congestion was the subsequently except in a few instances, though at the result of a scarcity of steamers and lighters and on lower level of values considerable firmness was dis- Nov. 30 it was the subject of a conference of rail- played. The railway shares continued to command road presidents at the executive offices of the Penn- increased interest, and in some instances made new sylvania RR. in New York City. The conference high records early in the month, this being particu- was held at the instance of Samuel Rea, President larly true of Canadian Pacific, which on Nov. 1 of the road, for the purpose of taking action .for touched 194 against 160 Oct. 1. The rise was due remedying conditions, and it resulted in the appoint- to the wonderful increases shown in the company's ment of a committee delegated to meet daily and weekly returns of earnings. Generally speaking, devise methods of relief. A statement from Chicago however, the railroad stocks did not follow an inde- at the end of the month estimated that there were pendent course, but fluctuated with the general list, about 50,000 loaded freight cars here in the East usually re-acting when the industrial shares moved awaiting unloading into vessels for export, where downward and resuming their upward course when normally the number is only 10,000. The practice the industrial list moved forward again. On the indulged in by Western shippers in forwarding ship- whole, the market may be said to have been decidedly ments without first engaging steamers to carry. the irregular for both the war stocks and the railroad list. exports is largely blamed for the situation. Pitts- The copper stocks, though, displayed exceptional burgh dispatches stated that the freight congestion strength, and many of them reached the highest would not seriously affect the transportation of war figures of the year the latter part of the month, on munitions and other materials made for European the advance in the price of the metal to 20 cents a Governments. Shipments to France and Great pound. A few specialties, like General Motors com- Britain, it was averred, are being made in bottoms mon and Texas Company (oil), made further phe- provided by those countries, while Great Britain nomenal advances. is taking care of all Government freight for Russia, VOLUME OF BUSINESS ON THE STOCK EXCHANGE. Mona of Nov.— 1915. 1914. 1913. 1912. including thousands of steel cars being made in the Stock sales— The chiefly affected No. of shares 17,634,270 3,765,595 8,725,317' Pittsburgh district. interests Par value $1,468,445,970 $332,054,825 $786,689,400 shipping to private buyers abroad, their Bond sales (par value)— are those RR.& misc. bonds $124,999,000 $1,988,500 $29,429,000 $36,790,500 being held until all Government freight Government bonds 1,120,000 5,000 13,500 24,200 consignments 4,000 2,264,500 1,299,500 has been loaded. State bonds 3,969,500 Total bond sales 3130,088,500 $1,997,500 $31,707,000 $38,114,200 • An important event of the month was the com- Jan. 1 to Nov. 30— Stock sales— mandeering by the Dominion Government on Sun- No,of shares 159,446,471 45,990,575 76,318,615 118,496,639 all high-grade wheat stored in ele- Par value $13,680,325,490 $4,023,321,369 $6,830,172,440$10,691,999,725 day, Nov. 28, of Bond sales (par value)— Canada from Fort William, on Lake Su- RR.& misc. bonds $813,878,700 3393,760,000 $427,407,600 $605,333,000 vators in Government bonds 2,009,000 660,100 1,693,720 1,125,000 perior, to the Atlantic Coast. The amount taken State bonds 24,688,500 32,663,500 26,885,700 24,536,500 over was estimated at about 17,000,000 bushels. Total bond sales $840,576,200 $427,083,600 $455,987,020 $630,994,500 Canada raised a phenomenal crop in 1915, and it is Notwithstanding the large payments on account of estimated the grain-growers still hold nearly 200,000,- the Anglo-French loan and the gradual widening of 000 bushels of wheat. The British Government had trade activity, the local money market remained made inquiries for supplies, but had not indicated extremely easy and time money rates dropped to still the methods to be employed, and the Dominion Gov- lower figures. The continued importations of gold ernment felt that if Government purchases should be of course tended to accentuate monetary congestion. made in the open market the result would be a pro- RATES FOR MONEY IN .NEW YORK, WEEKLY. prices similar to which occurred Week Ending— Nov. 5. Nov. 12. Nov. 19. Nov.26. digious rise in that Call Loans— the outbreak of the war. The Cana- Stock Exchange—Range for week 13I-2 1g-2 134-2 1g-2 in 1914 after —Week's average 1 3 I% 134 1% dian authorities stated that the price to be paid for Time Loans— Sixty days 2Li 2% 23i-234 2g-2% the wheat would be fixed on a "fair basis," and on Ninety days 23i 234 23‘ 2% Four months 2U-3 2g-3 2g-3 2U-3 Nov. 29 the prices were announced as being $1 04%3 Five months 3 3 24-3 23-3 Six months 3-3g 3 231-3 2g-3 for No. 1 Northern, $1 033/i for No. 2 Northern and Commercial Paper— these being the closing prices Double names—Choice 60 to 90 days 3-334 3-334 2g-3 23f-3 93% cents for No. 3, Single names—Priire 4 to 6 months 3-3% 3-334 234-3 234-3 on the Winnipeg Grain Exchange on Nov. 27. The —Good 4 to 6 months 3%-33‘ 3% 334,-334 334 3% action of the Canadian Government naturally had The foreign exchange market showed great strength somewhat of a disorganizing effect on the grain mar- and rising quotations almost throughout the whole ket. The Winnipeg Grain Exchange met on Sun- month, with the result that sterling demand bills day, Nov. 28, and adopted a resolution barring trad- which on Nov. 1 sold at $4 613/2@4 633/2 had risen ing in wheat futures, but on the following day, Mon- by Nov. 30 to $4 69%@4 71%.3 The trade balance day, agreed to resume trading in futures the next continued to accumulate in favor of the United States day (Tuesday, Nov. 30). At Chicago initial prices in prodigious amounts, but, on the other hand, Nov. 29 were 13'@23' cents higher, December wheat $216,000,000 was placed to the credit of the Anglo- opening at $1 05@$1 06 as against $1 033/ at the French authorities on account of the $500,000,000

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis DEO., 1915.1 TRUST COMPANY RETURNS 19 Anglo-French loan, besides which an independent figure on record, while Austrian kronen bills drawn $50,000,000 American credit for British banks was on Vienna dropped to 14.00, also the lowest on arranged in this country and a $15,000,000 credit in record. French exchange, on the other hand, was favor of French industrial interests was also opened very strong, being quoted at 5.84 francs to the in this country. In making settlements it was thus dollar, Nov. 30, against 5.96 Nov. 1. possible to draw against these credits instead of ACTUAL RATES-BANKERS', AND COMMERCIAL BILLS. offering bills of exchange on the market. Bankers' Bills Commercial Bills The con- Cable Ninety- Documents Seven Days tinued large importations of gold tended further Nov.- Sixty-Day. Sight. Transfers. Day. for Payment. Grain. to 1 __4 60%-60% 461-63 4 624-64;% 4 56% 4 59% 4 62%-62% relieve the pressure HOLIDAY on exchange. Consignments of 60%-61 3 ____4 4 63%-643 4 63%-65 4 56% 4 593, 4 62%-62% the metal were received on almost every steamer 4 _ _4 60%-61 4 6334-64% 4 64/-64%1 4 56%-57 4 GO 4 62%-63 5_..461-62 4 64%-65q, 4 6554-66 4 5954-60 4 6034-61 4 arriving here, in addition 6 ____4 61%-61% 4 6434-6434 6354-633j to which the importations 4 6534-6534 4 5734-5734 4 6034-6034 4 6334-6334 of gold on the Pacific SUNDAY Coast were by no means in- 8 ___ _4 614-62 4 6434-6434 4 65%-6534 4 5734-58 4 9_4 61%-62 4 6434-6434 6034-6034 4 6334-6334 consequential. Exchange 4 6534-6534 4 5734-58 4 6034-6034 4 6334-6334 was also favorably in- 10 ____4 62 -62% 4 64,4-65 4 6534-6534 4 58 11 ___..4 62%-62% 4 -5834 4 6034-6094 4 6394-64 fluenced by the much higher discount and money 6534-6534 4 6634-6634 4 585.1-5834 4 61 -6151 4 64 -6434 12 ____4 61%-62 4 6534-6534 4 665.1-6634 4 ____4 5834 4 6134 4 6434 rates prevalent in London. On Nov. 13 the Bank 13 61 -61% 46434-6534 46534-6k 458 4 61 464 14 SUNDAY of England, while keeping its minimum at 5%, 15 61%-61% 4 653-4-6594 466 -663-4 16 ____4 62 -62% 4 45834 46134 4643-4 began 65%-6574 4 663-4-6694 4 5834 4 6194 4 6454-6494 charging 5% in its regular transactions with 17..463 -64 4 6654-6734 4 6751-6834 4 60 -6054 4 63 18 ____4 65 -65% 4683-4-69 -6334 4 65 -6634 banks. This 46934-69,34 461 -6134 46334-6334 467 -6734 had the effect of producing a state of 19 __4 65%-65% 4 6994-7034 4 703.4-7r 4 613-4-62 4 20 4 655.1-65% 6334-6334 4 6794-68 nervousness and 4 693-4-6954 4 6974-70 4 62 4 6454 4 68 causing London banks to advance 21 SUNDAY their 22 ___ _4 65%-66 4 68%41934 4 69(/9 6 4 6234 open market rates. This latter advance, how- 23 4 66%-67 -703-g 4 65 4 68 4 70 -7034 4 7034-71 4 63 %444 666485 34 4 8516;6198% ever, was found difficult to maintain,and open market 24 _4 66%-66% 4 69%-70 4 70%-70% 4 634-63% 25 ____ HOLIDAY discounts for 60 to 90 days bank bills Nov. 30 were 26 _4 66%-66% 4 69,4-69% 4 70 -70% 4 27 4 6294-6234 4 6434-65 4 68%-68% 66%-66% 46934-699-4 47034-7034 46234 4 65 534%. German exchange was very weak. On 28____ SJUNDAY 29 4 66%-67 4 699-4-70 4 703-4-7034 4 4 Nov. 30 sight mark bills touched 79, the lowest 30 4 67%-68% 4 6234-6274 6554-6534 4 6834-6874 694-7194 4 7034423--4 4 63 -6494 466 -664 4 69 -7034 CONDITION OF THE TRUST COMPANIES OF NEW YORK STATE. We present below comparative statements showing the condition of the trust companies of New York State at the date of the last call and of various previous calls since August 1907. We give separately totals for the Greater New York and the those for the whole State. We also add tables to indicate the changes in deposits for all the separate companies in the different boroughs of this city. AGGREGATE DEPOSITS OF THE SEPARATE TRUST COMPANIES. BOROUGH OF •, MANHATTAN- Aug. 22 1907. Dec. 311907. Jan. 1 1910. Jan. 2 1911. Dec. 21 1911.Dec. 26 1912. Dec. 9 1913. Dec. 24 1914 Sept. 25 1915. $ $ $ $ Astor $ S $ S 8,965.745 8,103,748 13,895,039 14,774.859 18.663,182 $ Bankers f" 23,861,606 20,240,194 46,602,542 20.822,597 20,667.490 20,780.465 27,444,200 Mercantile f 62,013.877 1 35.119,131 23.277.232 56,109,550 48,382,224 J1137,493,148.1123,899,728 Manhattanf 10,975,957 9,327.741 26.904.432 1129,848,542 1142.530.404 1213,571,100 Broadway 19,051,288 21,093,164 , b 3,932.749 2,340.822 4,281,437 4.607.336 5,156,630 Flatbush b 3.104.410 2,541.372 4,017,215 3.875.130 4,157,049 b 10,975.359 b 14.420.483b 16,258.479 b20,061.600 Savoy b 1,569.287 909,024 1.836.544 1.7C3.388 971.819 Carnegie e 7,923.242 6,528,511 12,665.754 Central 8.355.940 e e e e e_ 42.137.580 33.961.798 91.394.728 67,843,148 87.618.742 Columbia d 6,774,339 98,057.404 83.432.013 103,407,353 132,070,200 4,700,103 12.145.661 13.800,562 16.640,920 54,631,890 54.089.632 62.248.505 68,746.600 Knickerbocker d..-..- 62,114,992 * 35.267,275 32.467,648 Commercial 3.876.981 37,385,064 2,948,586 5.308,155 4,473,784 4,344.738 4.083.721 3,882,550 3.133.900 kCommonw'h(defunct). 516 476 476 3.472.200 Empire 8 8.898.940 564 484 458 458 (1) (10 6.304.846 16,857.406 20.040.241 18,183.047 18.432,755 Guardian h 4,185,255 3,315,280 4,677.865 Windsor h 11.162,536 3,638.994 2.683,174 2.316,725}h 22.359.030 h21.554,900 h31.870,100 7,773,031 8,866.152 6,844.238 6.474.766 5.795.756 Equitable a 17,381.123 9,715,776 1 a49,930.289 Bowling Green a_ _ _ _ 16,233.629 a35,044.790 1 11,209.036 f a40,348.700 a67,668.627 Madison a 8,101.350 5,623.758 7.453.215 a6,540.091 a66.870,535 a75,477,703 a107,500,S00 Trust Co. of Arner.a_ 64,124,995 20,705,636 29,074,839 26,881,367 Farmers' Loan & Trust 81,702.513 58,497.300 25,563.427 115,793,639 116,368,590 132,631.254 105.147,230 Fidelity 3,028.403 3.016,254 6,602,632 112.181,300 115.273.384 141,407,300 7.008.343 6,910,834 7.780,280 7.641,801 7.892.793 9.937,800 Fulton 7,423,429 6.047.183 7.871,433 7,723,527 8,102.910 Guaranty c 41,996.504 28.161,527 77,832.184 7.611,984 8.361,843 7.709,128 8,366.600 17,532.796 Fifth Avenue c 10,413,911 17,636,478 ic124,815,857 c156,022,851 Morton c 40,510,828 22.166,365 33.863,400 c168.416,452 c149.456,212 c213,261,373 c326,742,100 Standard c 12.884.258 7,691,641 16,715,732 16,583,839 17,561,046 Hudson 2,066,175 1,172.075 3.447,494 Lawyers' 8,524,049 3,416,134 3,354,493 3.657.538 3.556.973 2.809,856 3.741,300 Title & T m 5,511.071 12.495.502 13.452.914 16,184,748 Home m 2,636,974 1,638,373 2,107,011 13,333.539 12,075,457 11.235,255 1 16,065,000 Lincoln 22,400,958 2.452,328 2,502,684 2,739.010 2.695,951 2,969.122 f 6,483.066 12,492.637 11.141,401 11,367,721 Metropolitan 23,747,751 15.764.837 26,817,064 11,525.700 11,601,761 11.511.878 11,989,200 Mutual Alliance z 5,763.501 24,971,982 22,511.690 19,490.454 17,094.371 27,620,240 48,840.300 3,651.793 12.716,417 8,493.763 8,502.472 New York Life Ins. &T. 33,782,456 24,680,912 37.795.781 8,464,471 8,344.532 8.944.351 i New York 33,517,360 35,550.811 34,128.848 31,989.365 32,582,070 37,360,065 34,843.900 27,862,835 51,486.440 41,313,028 38.044,550 Title Guar. & Trust 28,495.980 21,574.526 26,355,280 34.847.969 37.535,428 44.899.005 55,998,900 Transatlantic g 24.224,805 28,900,222 23.917.415 26.921,794 26,908,952 33,382,000 - 2,554,866 Union Trust 48,231,644 44,169,764 61,485,010 2,617.687 3,006.188 3,743,800 United States Mtg.& 30.982,562 YS.-5-277 -.0.-9-9-3-.§.2.5 55.899.534 55,256.528 60,151,926 76,788,100 T. 20,096,258 41,002,035 43,415,252 United States 59,394.159 47,302.953 46,370,514 44,857.472 40,459,470 49,940.549 62,069,100 69.111.176 58,735,106 63,097,385 49.767,471 Washington j 9.798.340 7.415.009 10.162,558 54.882,451 62.896,825 68.038,700 10,306,003 9.415.034 9.049.603 9.702.666j j Total 1 849,123.619 538,664,879 1.064.954.258 977.572.641 1.078.720.8121.004.996.3631 985.843.0771.136.812.908 1.506,690,900 1 Prior to March 21 1912 these totals do not include deposits of Prior to Mar. 19 1915, Flatbush Trust of Brooklyn, which was consolidated with Broadway Trust of N. Y. City Mar.6 1912. totals do not include deposits of Home of N. Y. C. Feb. 1915. * Not reporting on account of Trust Company of Brooklyn, consolidated with Lawyers' Title & Trust suspension, and not included in total. a Bowling Green consolidated On Jan. 9 1911 Madison was taken over by Equitable; Trust Co. with Equitable Mar. 31 1909. Italian-American Trust of America was consolidated w4h Equitable Feb. 26 1912. b Title of Savoy Trust changed from Nov. 1909, and on Jan. 22 1912 Savoy consolidated Brooklyn March 6 1912. c Fifth Avenue and Morton were was with Broadway, which also absorbed Flatbush Trust of consolidated with Guaranty Jan. 27 1910; Standard consolidated with Guaranty e Banking Department closed Carnegie Trust and assumed charge Oct. 17 1912. consolidated with Bankers Aug. Jan. 7 1911. d Columbia and Knickerbocker consolidated .Tune5 1912. f Mercantile 10 1911. Manhattan was al.° merged with Bankers March h Windsor and Guardian absorbed by Empire in March 25 1912. g Transatlantic began business May 22 1912. 1913. i Mutual Alliance took over assets of Reserve National Bank Alliance itself was taken over in Jan. 1915 by the Chatham-Phenix Feb. 1914. The Mutual absorbed by Corn Exchange Jan. 1914. k National and branch office business absorbed by Century Bank. 5 Washington Dissolution ordered June 23 1914. m Home of Brooklyn when the word "Insurance" was eliminated from latter's title. consolidated with Lawyers' Title & Trust Feb. 1915; BOROUGH OF BROOKLYN-Aug. 22 1907.1Dec. 31 1907. Jan. 1 1910. Jan. 2 1911. Dec. 211911.Dec. 26 1912. Dec. 9 1913. Dec. 24 1914. Sept. 25 1915. Brooklyn e 15.363,635 $ $ $ 8 $ $ $ 11,628,311 16,545,897 18,071,271 19,662.041 Long Island L. & T.e 7.055,368 6,489,355 16,767,500 1 e23,456.096 e30.010.662 e32,328,000 9,008,883 8.841.610 8.195.026 7,400,731 Franklin 10,929.960 7.579,036 11.832.235 f Hamilton 6,734.731 5,490,952 12,103.762 11.261.078 9,274,468 9,290,277 14,352.607 19,687,800 6,732,835 7.321,308 6,670.513 6,643,931 7.137,485 Kings County 12.346322 10.120,685 15,065,023 7,397.550 7,644,000 4,344,881 15.256.377 16,142.302 15.309.880 15,936,860 17.951.669 20,870,800 Lafayette z • a a Manufact'rs-Citizens_h 1.592,398 1.035,792 a a * * 1.538,642 1.439,877 1.805.319 6,325.673 5.896,416 Nassau 8,290,228 5.329.614 6,374,010 hl 1.531 .161 11,465,900 14.946,702 5.660,371 5.586.813 6,035.829 5.831.8781 People's 13,651,462 17,820,688 19,229,883 18,846,340 I Williamsburg a 8,206,663 19.110,710 19,037.5831 19,038,736 21,245,500 1.750,798 a169,857 a a a t a Total 95,552.272 65.504,952 92.793.237 94.421.774 94,829.165 89.607.732 89.282.546 102.251,507 113,242,000 BOBO. OF QUEENS- Queens County 1.934.491 1.482.818 1.571.945 1.742.066 1.668.825 1.874.877 1.919.001 2,C16.78' 2.221.300 Prior to March 21 1912 totals include deposits of Flatbush Trust o Brooklyn, which was absorbed by Broadway Trust of N. Y. 1912, and now appears above under the Borough of Manhattan. Prior City March 6 yers' to Mar. 19 1915 totals include Home Trust of Brooklyn, consolidated with Law- Title & Trust of N. Y. C. Feb. 1915. * Not reporting on account of suspension. z Formerly dissolve its business Absorbed Jenkins Trust. a Williamsburg Trust voted to in Jan. 1911. d the Broadway Bank of Brooklyn July 1912. e Long Island Loan & Trust consolidated Trust March 1913. Nassau Trust merged in Mechanics' Bank with Brooklyn July 1914. 8 Citizens' took over business o Manufacturers' National Dec. 1914.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis 20 TRUST COMPANY RETURNS. [VOL. 101. TRUST COMPANIES IN THE GREATER NEW YORK. 9 1913. Dec. 24 1914. June 23 1915. LIABILITIES. Aug. 22 1907. Dec. 31 1907. Jan. 1 1910. Jan. 2 1911. Dec. 21 1911. Dec. S s $ $ $ s s $ 60.636,600 58.251,560 63.675,000 64,156,000 62,206,000 68.650,000 67,300.000 65,550,000 Capital 163.960.730 151.279.294 154,900,075 Surplus and profiL . market value_ 144.600.599 168,597,714 173.357.077 177,253,055 Surplus and profits, book value 167,982.441 &c. -.., 2,897,534 1,584.210 1,816,823 Unpaid di vs., res'ves for tax ,int., 51,262.328 State say banks. 35.126.258 26,074.330 37,683,778 40,624,293 40.096.524 47.063,186 57,694,551 Prof. Deposits—Due 397.685 208,195 199,365 Due State say. & loan associations_ 296.135 200,155 468.567 623.640 352,767 Trust deposits not payable within 30 days 36.871.355 24.336,543 32.111.087 21.744,840 Due as exec., admin., guardian. re-, committee, &c 38.079.532 40,296.845 29,009,253 34.580.803 42.109,846 34,541,036 46,855.945 60,087,931 ceiyer, trustee, 4.247,182 5.689,576 Deposits by the State of N. Y Supt. of Banks of Deposits by the 1,543.258 1,285,710 State of New York Other deposits preferred because of pledge of part of trust co. assets_ 886,500 2.609.430 4.934.470 1.805.166 5.084,579 3,894.553 5,776.570 4,948.338 Deposits preferred because secured by unmatured bonds of the State 3,880,449 5,435.259 7.833,795 15.218.729 1 1.065.093 11,489,629 Deposits otherwise preferred 996.616 2.388.755 7,345.074 2.811,605 909.727 1.790.119 I preferred) 688.604.953 444.817,663 774,061.989 Due depositors (not 1.209,881,804 Certs. of dep. on time & dem.(not pf.) 100.352,199 48.054,808 78,596,293 874.289.233 955.583.186 875.781,332 1,032.287.860 Time deposits not payable within 30 days, represented by ctfs. (not pf.) 105,681,485 41,527.250 22,234,360 1 80.786.598 80.873,915 90.137,194 76.613.069 97.834,699 135,186,681 Due trust companies J Due banks and bankers 40,738.939 18,976,184 1.065,380.457 1,175.218.705 1,077,044.549 1.241,081,130 1,486,463,585 Total of all deposits 946,608,38 605.652,530 1,159,319,311 1.372,360 57,916 50.000 165.000 Bills payable or borrowed money_ 980.140 Preferred liability as executor. &c_ 2.578.791 751,265 Acceptances of drafts payable at a authorized by com-, future date or 23.344.685 47,787,270 mercial letters of credit 49,800,511 34.609.985 50,789.246 - 4:073-8;655 32,809,856 Other liabilities 27,241,967 59.789,589 .34.063,976 1.341.773,413 1,365.560.157 1,517.234.085 1,787.510,786 Grand total 1.205.048.180 869,045.543 1,442,372,676 1.467.109.132 RESOURCES. 75,682.997 68,532,010 68.871.110 70.434,543 74.280.647 Bonds and mortgages 69.742,802 68.996.582 61.074,647 Mortgages owned bond and mortgage, Loans secured by 10,312.133 9.102.990 9.152,715 deed or other real estate collateral_ _ investments 269.699.998 Stock and bond 74.340,153 71.620.332 83.449.636 102.814.370 Public securities 43.471,463 60,048.703 57.395,095 166,358,136 245,695,838 252.467.751 289.489,267 252.139.416 274.134.871 290,255,491 Private securities 509.483,082 520,124.260 463.871.728 519.069.692 585.088,056 Loaned on collaterals 582,826.452 365.723,291 660,489,153 by collateral 9,772,982 5,203,728 7,940.524 11,314.003 1 Loans, not secured i 154,656.620 187,979,161 Bills purchased, not sec. by collateral 41.991.223 82.131.718 102.533.889 119.457.843 172,217,419 Other loans and bills purchased 165,652 121,954 95,738 151.067 184,618 142,718 126.338 358,070 Overdrafts 36,869,622 38,307,285 Real estate 14.950.841 13,296,286 22,633,282 26,339,232 31.041.386 37,844.152 res. dopes., less offsets 83.582.056 78.992.219 89,495.686 87,303.726 102.107.260 I Due from appr. 123.850.942 252,176.658 Due from trust cos.. banks and bank- 168.698.950 in preceding items 23,698,302 12.523.082 44.720.953 50.483.718 49,740,731 ers, not included 105.126.676 114,435,504 Specie 49,179,020 35,844,818 121,362,596 113.069,471 118.460.580 87,069,717 bank notes 5,095.751 5,327,384 13,666,256 12,103.225 11,917.388 9.940.221 12.030.801 10,287,758 U. S. legal-tenders and 550,560 Federal _Reserve notes Bills and checks for the next day's cash items 604,977 1,027,537 1.455,318 1,491,362 19,173.682 14.813.970 5487,171 21,195,959 exchange and other 23.344,685 47,779,847 Customers' liability on acceptances_ as executor, &c__ _ _ 2.578.790 751,265 Investments held 26.502,058 50,576.782 45,477.234 52.472,977 45,661.081 63.054,705 Other assets 10,212,483 25,311,893 1,442.372.676 1,341,773.413 1,467.109.132 1.365.560.157 1.517.234.08n 1 7S7 nin 7f4ft Grand total 1.205.048.186 869.045.543 in the above comparison we show for each date the exact design. have been changed several times since the date first named of rediscounts. Note.—Schedules Items which no longer appear in the schedules. *Including 5917,957 Won employed, leaving blank spaces against the old FOR WHOLE STATE OF NEW YORK. TRUST COMPANIES ------Jan. 11910. Jan. 2 1911. Dec. 21 1911. Dec. 9 1913. Dec. 24 1914 Sept. 25 1915. LIABILITIES. Aug. 22 1907. Dec. 311907.

68.661,600 66.276.56 71,400.000 73,431.000 71,481,000 78.650,000 80.400.000 79.100.000 Capital 178.979,744 184.025,130 188,676,616 174.941,802 162,552,043 167.160,196 Surplus and profits, market value__ _ 151,339.110 176.944,73 Surplus and profits, book value 3,164.976 1.657,514 1.942.583 ITnpd. diva., res. for taxes, int.. &c_ _ 56.105,624 62,453,795 banks -37.467.23 28.340.454 40.759.951 43,827,892 43,632.147 50,987,337 Pref. deposits—Due State say. 758.969 530.800 553.473 379,660 362,576 Due State say. & loan associations.. 414.42' 306.31 600.479 within Trust deposits not payable 25.598,439 33.376.931 22,822,960 30 days 38.059.940 re- Due as exec't, admin., guard., 36,844,508 43,750.219 36,888.452 50.337,961 56,249,848 ceiver. trustee, committee. &c 41.773.53 43.641,702 30.913.481 9.197.280 8,334,765 Deposits by the State of N. Y Deposits by the Supt. of Banks of 1.997.139 1,772,932 State of New York of Other deposits pref'd because 2.422.372 7.331.136 5,130,251 7.671.015 8,058,717 pledge of part of trust co. assets_ 1.276.500 2.879.716 5.187.066 Deposits pref'd because secured by State_ 5.122.449 6.963,259 9,666,599 17,630,710 unrnatured bonds of the 2.832.612 1.195.183 2.242.240 } 1.106,852 5,992,049 Deposits otherwise preferred 1,098,78. 2,770.685 7,356,349 pref.)_ 812,011.85 555,397,056 899,090,7131 Deposits subject to check (not 1.014.744.488 1.109,667.546 1.047,240,308 1,209.181,342 1,514,450,655 Ctfs. of dep., time&dem'd (nor pref.) 107.034,38 55,272.810 84,478.182 Time deposits not payable within 30 ctfs. (not pf.) 106.493,173 days, represented by 84,038.005 84,389.877 93.119.468 79.595,833 101,054,111 180,258,687 Due trust companies -43.610,68- 23,002,116 Due banks and bankers 42,077.022 20.667,605 1,302,099,738 1,218,382.416 1.342,270.020 1.263,091,564 1,437.030,984 1,837,934,024 Total of all deposits 1,087,664.431 732.278,46 1.100,140‘ 1.382.360 70,916 50.000 885.316 80.000 Bills payable or borrowed money_ Prof. liability as executor, &c 2.987.034 904,843 1.022.957 155,681 Re-discounts Acceptances of drafts payable at a future date or authorizd by com- 23,542.185 37.579,593 mercial letters of credit 52.179.544 55.980,217 35.164.912 33.527,740 27.708.303 61.948.915 50,624,063 35.067,726 Other liabilities 42 42 42 42 41 40 40 Add for cents 41 1,604,203,727 1.515.453,650 1.656.335.661 1,574.656.207 1.740.598,437 2,155,537 274 Grand total 1.363.966.14 1.012.747.930 - — -

RESOURCES. 83,660,067 87.341.640 93,997.526 Bonds and mortgages 87.962.35 80.759.054 93.032.052 94,302.392 90,481,939 Mortgages owned Loans secured by bond and mortgage 14,443,270 13,860,654 14,211,264 deed or other real estate collateral_ investments 326.497.21 Stock and bond 69,268,783 67.309.082 84.649.720 82,661,760 96.258,534 124,118,864 Public securities 50.966.201 349,426,882 372.895.221 208,860,012 296,958,325 303,382,679 313.875,811 340,511,568 Private securities 547,767.677 558,917,170 506,365.342 562.879.332 683.360.410 Loaned on collaterals 627.514.69 405,844,757 696,601.87 15,286,071 15,032,322 8,160.799 11.671,358 Loans not secured by collateral 125,914,655 145.525,075 } 188.956.827 208.217.787 216.867,513 Bills purchased. not sec. by other coll. 54.051.230 102.402,940 Other loans, including bills purchased 108.122,742 197.176 142,360 520,909 137,844 108.040 159,415 157,509 Overdrafts 204,27( 29.361,282 34,319.128 40.932,080 42,245.370 43.516,404 Real estate 17.706,522 16.066,494 25.518.600 from approved reserve deposi- Due 99.766.067 100.382,483 116.092.212 1 tories, less offsets 95.144.02 89.175,391 t 140.205,606 187.730.417 332,395,561 Due from trust co's. banks & bankers 54.503.832 52.217,385 not included in preceding item 27,117,41 15,120.176 48,863.157 108.587.054 90,874.350 118,298,219 52.413,70C 39.324,13 124,161,053 115,989,335 121.785.647 Specie 16.990.981 17,036.783 15,697.213 16.123.335 28,604,241 U. S. legal tenders and bank notes_ _ _ 6.893.69 8,506,218 18.167.45 869,448 Federal reserve notes Bills and checks for next day's ex- 2.951.007 19.854,114 15.441,540 16.116,106 15,165,642 changes and other cash items 909.983 2,013,398 3.052,80 Investments as executor, &c 2.987.034 904,843 23.542,185 37.546.643 Customers' liability on acceptances 54,300,102 47.799.007 76,684.956 25.985.818 27,513,726 51,728.182 47.030,730 Other assets 10.492,46 42 42 41 40 40 Add for cents 4 42 1.515.453,650 1.656.335,661 1.574,656,207 1.740.598.437 2,155.537,274 Grand total 1.363.966343 1,012,747.930 1.604,203.727 comparison We show for each date the exactdesigna have been changed several times since the date first named in the above Note.—Schedules appear in the schedules. Con employed, leaving blank spaces against the old Items which no longer Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis 21 NEW YORK STOCK EXCHANGE MONTHLY AND YEARLY RECORD

The following tables furnish a complete record of the New York Stock Exchange transactions for the past month and the year 1915. They need no extended introduction, as they are self-explanatory. The tables embrace every security (excepting only State bonds) dealt in on the Exchange. We give bonds first, using the classification adopted in the official list. The black-faced letters in the column headed "Interest Period" indicate in each case the month when the bonds mature. In accordance with the rule adopted by the New York Stock Exchange in 1909, all quotations for interest-paying bonds are at a price to which accrued interest must be added. The exceptions to the rule are income bonds and bonds on which interest is in default. This method of quoting bonds became effective January 2 1909.

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

BONDS-PRICES AND SALES FOR NOVEMBER AND THE YEAR TO DATE

Int. Sales in i Price about PRICES IN NOVEMBER. RANGE SINCE JAN. 1. BONDS Per- November, Jan. 2. EXCHANGE iod. (par val.): 1915. I Nov. 1. Nas. 30. , Lowest. Highest. : Lowest. , Highest. N Y STOCK t i 1J S Gov & City Securities S I Bid. itsk. Bid. Ask. Bid. Askj Sale Prices. I Sale Prices : Sale Prices ! Sale Prices - J 9654 98 995% Sale Nov. 22, Nov. 22 U S 2s cons reg April 1930 Q 1,025,000 1 995% 9934 Nov. 22, 9631 June 30 995% U S 2s cons coup-..._April 1930 Q - J ! 963/i 93 99 I 9751 Oct. 7' 99 Feb. 9 U S 3s reg 10-20s____A.ug 1918 Q - F 7,000 toog 101 ,10134 Salo :1015% Nov. 30 101 31 Nov. 24' 98 Sept. IS 10131 Nov. 24 US 3s coup 10-20s___Aug 1918 Q - F 2,000 101% 102 101 1015% Nov. 6 101% Nov. 6 1005% May 13 102 Jan. 18 U S 4s registered 1925,Q - F 10,000 108%1O94 109 1095% 1103-1 10931 Nov. 17 10951 Nov. 17 109 Aug. 25 1107% Feb. 20 U S 4s coupon 19251Q - F ! nog 110 110 .. • 10956 Sept. 13 111% April 21 Pan Can 10-30-yr 2s_Aug 1936,Q - F I 96% 97 98 : 9714 July 12 9s3i, Oct. 7 Panama Canal 3s 19611Q -M 101 10154 ' 10031 Jan. 5 102 Jan. 22 -45(0____1960 M- S 338,000 983/i 99 99%3 Sale 1013% Sale 993% Nov. 11015% Nov. 29 9731 July 131015% Nov. 29 New York City %5 451s Corporate stock ___1964 M- S 172,000 99 100 10131 Sale 9931 Nov. 31013% Nov. 30 973% Aug. 27 10131 Nov. 30 43-s Corporate stock __ _ 1965 J - D 825,000 1035% Sale 10334 Sale 103% Nov. 11065% Nov. 30 1013% Aug. 24 1065% Nov. 30 416s Corporate stock...1903 M- S 86,000 104% Sale 10334 Sale 106 Sale 1034 Nov. 1106 Nov. 30 10154 Aug. 24 106 Nov. 30 4% Corporate stock____1959,M-N 173,000 9536 Sale 90% Sale 9751 98 9534 Nov. 3 93 Nov. 23 94 June 30 98 Nov. 26 4% Corporate stock....1958 M-N 55,000 95% Sale 955% 90 93 Salo 39611 Nov. 5' 98 Nov. 30 945% July 22 93 Nov. 30 4% Corporate stock____1957 III- N 59,000 95% 9534 Sale 9731 03 9534 Nov. 11 98 Nov. 23, 94 July 28; 98 Nov. 23 4% Corporate stock ___1956 M- N 2,000 94% 953k 94% 965% 9611 94 Aug. 17! 965% May 14 New 4 9 1957.M- N 84,000 ; 1033- 104% 103% 10534 Sale 1035/ Nov. 3,10531 Nov. 30 1013% July 20 105%8 April 28 New 4%s 19171M- N 13,000 100% 100% 100 101 10114 102 10038 Nov. 4 101 Nov. 26 10014 June 20 10134 Jan. 19 43-6% Corporate stoek 1957,M-N 19,000 103% 104 10331 10531 1033% Nov. 3,1015% Nov. 27 1013% July 12 1055% Nov. 27 43-% assessment bonds_19171M-N 3,000 100 101 101 Nov. 22,101 Nov. 22 1005% Jan. 01015% Oct. 6 33 (7p, Corporate stock..1954 M-N 11,000 843- 88 85rt 875% 8634 8774 853% Noy. 31 86% Nov. 8 81 Feb. 24' 89 June 18 New 1 ork State-4s 1961!M- S 1,000 101 103 1013% 101% Nov. 1310131 Nov. 13 995% Mar. 12 10134 May 20 Highway ltnpt 414s____1963 M- S 59,000 108% Sale 109% 112 Sale 109%109 Nov. 41112% Nov. 24 108 May 10 11231 Nov. 24 Highway Impt 45(0____1965'M- S 4,000 104 1053% 1055% 1055% Nov. 11!1055% Nov. 11 1043% April 12 1055% Nov. 11 Canal Improvement 4s__19611J - J 1,000 10156 1013/ 102311013% Nov. 31015% Nov. 3, 99%7 Mar. 151015% July 27 4s__1962 J - j 99%, 101% I ' 100 Jan. 221013% Sept. 22 Canal Improvement %5 Canal Improvement 4s__1960 J - J 5,000 10143 Nov. 12101%3 Nov. 12 99 Mar. 15 10131 Nov. 12 Canal Improvel 454s_ _1964 J - J 67,000 10731 109% Sale 112 1123-410931 Nov. 1.111 Nov. 16 10834 Jan. 11 111 Nov. 16 Canal Improvel 45(0_1965 J - J 8,000 1053- 1105 Nov. 10 1055% Nov. 10 101 8 Mar. 23 1055% Oct. 6 Canal Unproye't 4/1 1,5__1945 .1 - j 104% 106 10451 April 231 104% April 23 Foreign Gov't Securities Anglo-French 5-year 55 97,34 Sale 0731 Nov. 301 9S Nov. 26 97% Nov. 291 9831 Oct. 13 Argentine-Internal 5s of 1909 M- 8 773:82, 93 98 97 923193 9231 925% Nov. 261 94 Nov. 16 80 May 121 9931 Jan. 7 Imperial Chinese Govt- I Hulcua,ng Ry sterling 55_1951 J -D 85 7431 7.01. Rep of Cuba 53 ext debt..1904 M- S 108,000 95% 96 93%5 Sale 96, 9354 93%5 Nov. 11 98 Nov. 29 93% Jan. 8 93 Nov. 29 5s ext debt ser A of 1914 1949 F - A 283,000 90 94 92 Sale 963% 9654 92 Nov. 1 965% Nov. 22 90 July 28 967% Nov. 22 45%s externat loan 1949 F -A 12,000 9431 795% 83 84 8654 863% Nov. 18' 8654 Nov. 19 80 Oct. 19 865% Nov. 19 Imperial Japanese Govt- 1 Sterling loan 454s 1925 F - A 83,000 895% 82 Sale 82 82% 8131 Nov. 5 8254 Nov. 9 7347 May 25 845% Jan. 20 2(1 series 4%8 1925 .1 - J 16,000 78 75 76 78% 7814 Nov. 29 793% Nov. 19 725% July 31 82 Feb. 18 do German stamp 413,000 75 Sale 87431 Nov. 1 78 Nov. 15 70 Aug. 13 7931 Jan. 22 Sterling loan 45 1931 J - J 755% 685% 69 U S of Mexico external gold loan of 1899 sinking fund 55 Q - J 82 80 79 49 gold debt of 1904_..1954_ J -D 83 I 54 85 Proy of Alberta deben 4%s 1924 F - A 96 955% Jan. 16 953-4 Jan. 16 Tokyo City loan of 1912 5s__-- M- S 84 7956 7954 78 May 11 82 Jan. 15 Railroad Bonds A labama Cent. See South Ry calabama Mid. See Ati CoastL Albany & Susq. See Del Sc [Ind Aliegh Jc West. See Buff R. (IL P Am Dock & Imp. See CentofNJ Ann Arbor 1st g 4s..July 1995 Q - J 13,000 64 65 61 Sale 635% 60 Nov. 3 6354 Nov. 27 55 June 21 6654 Jan. 28 Atch Top tic S F-Geng 4s_1995 A -0 914,000 9131 Sale 93% Sale 94 Sale 93 Nov. 8 9551 Nov. 19 8934 Sept. 7 9534 Jan. 20 Registered 1995 A -0 11,000 8734 92% Sale 933.4 923j Nov. 1 933 Nov. 26 89 July 23 935% Nov. 26 Adjustment g 4s___July 1995 Nov 39,000 813j Sale 885x Sale 863% 873% 85 Nov. 1 875% Nov. 15 sog Sept. 7 875% Nov. 15 Registered July 1995 Nov I 1 July 1995 NI -N 384,000 8131 8231 8554 Sale 87% Sale s35 Nov. 1 8834 Nov. 22 80 Sept. 10 8831 Nov. 22 Stamped 4 50-year cony gold 45_1955J -D 139,000 923 Sale 1085% Sale 106% Sale 10651 Nov. 30 110 Nov. 4 923% Jan. 2 110 Nov. Cony 4s issue of 1909-1955;J -D I of 1910___1960'J -D 509,000 923% Salo 103g-Sale 10634 Sale 1073% Nov. 10 11034 Nov. 4 924 Jan. 2 116-51, Nov. 4 Cony 45 issue Oct. 15 10-year gold os 1917 J -D 59,000 1005% 101 10154 Sale 10134 Sale 3101 %Nov.20 10131 Nov. 3100 14 May 24 102 g 4s 1928 M- S 11,000 905% 92 934 Sale 96 Salo 9336 Nov. 1 96 Nov. 30 92 Jan. 6 93 Nov. 30 East Okla Div 1st 22 Short Line 1st 4s gold 1958 I - J 11,000, 86 875% 86% 88 8831 90 875% Nov. 24 89 Nov. 10 845% May 21 89 Jan. Cal-Ariz 1st Sc ref 45%s 1962 M- s I 99 9534 99 99 93 Sept. 22 96 Mar. 31 13 Fe Pres & Phe 1st g 58_1942 M- S I 1015% 1005% 1033% 10054 i 103 Feb. 3 1035% Aug. 30 Allan Knoxv Sc No. See L Sc N All Coast L 1st g 4s__July 1952 M- S 130,000! 87 915% 913% 9334 Sale 92 Nov. 3 94 Nov. 20 85 Sept. 2 94 Nov. 20 50-year unified 45 1959 1 -D ! 865.1 1 Ala Mid 1st guar g 5s___1928 M- N 3,000 1023% 1011 105 Nov. 12:105 Nov. 12 105- Nov. 12 105 Nov. 12 Bruns & W 1st gu g 4s_ _1938 J - J 1,000 8851 9231 Nov. 20' 923% Nov. 20 89 Sept. 10 935% Feb. 17 Charls Sc Say 1st g 7s___1936 J - J I 134 12991% 19352 19293' 135 1129% Aug. 9 12947 Aug. 9 L cic N collat gold 4s_Oct 1952 M-N 84,000 845% Sale 87 Sale 881 Sale 87 Nov. 1 89 Nov. 18 80 Aug. 23 89 Nov. 18 Say Fla &IV 1st g 6s___1934 A -0 114 118 120 120 ! 113 Oct. 19 1195% June 19 1st gold 5s 1934 A - 0 10356 1035% 101% 105 July 6 105 July 8 Silv Spgs 0 Sc G gu g 49_1918 J - J 96 975% 983% 9754 Mar. 11i 93 June 17 A.tlan & Dany. See South'n Ry Austin & N W. See So Pacific palt Sc 0-Pr lien g 3%8_1925 3' - J 502,000 89% Sale 91% 92% 93 Sale 915% Nov. 5 937.4 Nov. 19, 8331 Aug. 271 9354 Nov. 19 Registered Q - J 87% 885% Jan. 16 91) May 1 " Nov. 19 Gold 45 July 1948 A -0 601,000 89 8954 895% Sale 913% Sale 8931 Nov. 3 9231 Nov. 19 85 July 10 9234 Registered Q - J 2,000 875% 90 87 Nov. 8 89 Nov. 10 85 Oct. 19 90 April 29 456s_1933 M- 84,801,000 8451 845% Sale Sale 94 Nov. 3 Nov. 27, Feb. 26 967% Nov. 27 20-year convert , 9434 065% 965% 825% 1st g Os____1922J - J _ I Pittsb June 29 Pitts Jet Sc M D 1st g 35%s '25 M- N 1,000 89 88 90, 903% Nov. 29 oog Nov. 29 -3:15% Aug. 23 oog Nov. PLEArWVaSys ref g 45__1911 M- N 419,000 79 83 Sale 87!4 Sale S3 Nov. 1 895% Nov. 23 7731 Sept.,23 8914 Nov. 23 S W Div 1st gold 3%8_1925 J - J 641,000 87% 8754 90 905% s9131 Sale 90 Nov. 3 -9211 Nov. 21 86 Sept. 7, 923 Nov. 24 CO Reorg 1st con g 45%9 1930 .11- S I Clev Lor & W con lst g.5s '33 A -0 .101% 1035% Mar. 101045% April 211 Mon R 1st guar gold 53_1919 F - A 1 Ohio Riv RR 1st g 55_1936,J -D ------1 101 103 '101 1025% Oct. 19 10234 Oct. 19 General gold 5s. 19371A -0 1,000 9854 9834 ,1004 98% Nov. 8 9834 Nov. 8 9334 Oct. 13, 9831 Nov. 8 Pitts Clew •t• ml 1st g 68_1922'A - 0 Pittsb & West 1st g 18_1917 J - J 1 94 StntTal R,, ,. r,,,, 1 ,!. Intl i - T1

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis 22 BONDS-STOCK EXCHANGE RECORD. [VOL. 101.

/et. Sales in Price about PRICES IN NOVEMBER. RANGE SINCE JAN. 1. BONDS Per- November Jan. 2„ N Y STOCK EXCHANGE iod. (par val.) 1915. Nov. 1. I Nov. 30. 1 Lowest. I Highest. Lowest. Highest. Beech Creek. See N Y C & H R $ Bid. Ask. Bid. Ask.iBid. Ask. Sale Prices. Sale Prices. Sale Prices. Sale Prices. Bellev & Carond. See Ill Cent Bolivia Ry 1st 55 1927 J - J 1 Bruns & West. See Atl Coast L Buffalo N Y & Erie. See Erie Buff R & P, gets, g, 5s__1937 M- S 104 106 107 102% Feb. 13 106% May 14 Consol 4s 1957 M-N 2,000 100 99% 100 100 103 993% Nov. 4 100 Nov. 5 99% Nov. 4 103 Jan. 22 Allegh & West,lst g, gu 44'98 A -0 2,000 86 89 91% 90 Nov. 5 92 Nov. 18 90 Nov. 5 943% Feb. 19 Cl & Mats let gu g, 5s___1943 J - J 103 1053 103% 103% Roch & Pittsb 1st g,6s__1921 P - A 105 106% 107 1 106% Sept. 3 1073% Jan. 2/3 Consol, let g, 6s 1922 J - D 106 107% 109% 107 Sept. 21 107 Sept. 21 Burl C R & No. See C R I & Pac Sou con gu A 5s 1962 A -0 61,000 101M Sale s102Sale% 103% 105 102% Nov. 1 105% Nov. 19 100 Aug. 28 105% Nov. 19 C%!, Registered 1962 A -0 Carb & Shawn. See Ill Central Carolina Cent. See Seab Air L CarolinaClinch&Ohlo 1st 531938 J -D 42,000 973 n6 97% 100 95 Nov. 8 97% Nov. 181 94 June-125 973( Nov. 18 Carthage S.; Ad. See N Y C & H I CedRIaF&N.SeeBCR&N Central Branch. See Mo Pacific I Central Ohio. See Bait & Ohio Cent of Ga-lst g, 53_Nov 1945 F - A 1,000, 106% 106% 107 Nov. 24 107 Nov. 24 103% Feb. 3 107% Aug. 17 Consol, gold, 5s 1945 M- N 49,000 100 101 100% Sale 101 1013.1 100 Nov. 9 102 Nov. 20 96 Sept. 22 102% Jan. 14 Registered 1945 M- N I Chat Div pur money,g, 4s '51 J - D 3,000 86 82 86 83 84 83 Nov. 27 83 Nov. 27 83 Nov. 27 86 Feb. Mac & Nor Div, 1st, g, 5s '46 J - J 5,000 101% 101% 101% Nov. 3 101% Nov. 3 101 Oct. 13 104% May 4 Mid Ga & Atl Div 5s___1947 J - I 1 100% 100% 100% Mar. 2 1003% Mar. 2 Mobile Div, let, e, 58-1916 J - J 11013/i 100% 105 101% 105 103% May 5 103% May 5 Cen RR&B of Ga-Col g 5s,'37 M-N 59,000 97 98% 91 91% 97 Sale 91% Nov. 4 973% Nov. 24 86% Sept. 15 973% Nov. 24 Central of N J-Gen g, 5s_1987 J - J 49,000 112% Sale 113% 114 115% 116% 113.4 Nov. 8 115% Nov. 22,111% Sept. 9 115% Nov. 22 Registered July 1987 Q - J 19,000 112 113 114 113% Nov. 15 115 Nov. 23 1103% Sept. 22 115 May Am Dock&Imp Co gu 5s,1921 J - J 1 1023 103% 103% 103% 103% 103% 102% Jan. 13 104 Feb. 8 Leh & H R gen gu, g, 58_1920 J - J 100 100 100 N Y & L Br, gets, g, 43_1941 M- S 1 93 94% 94% 100 Central Pacific. See So Pac Co 1 Cent Ver 1st, gu, g, 4s, May1920 Q - F 20,000, 70 73 75 73 80 73 Nov. 9 75 Nov. 201 68 Feb. 18 75 Nov. 26 Ches & 0-Fund & imp 58_1928 J - J 45,000 95 100 86% 99% 95 Nov. 16 99% Nov. 23 83 June 241 99% Nov. 23 let cons, gold, 5s 1939 M-N 64,000; 1023 1043 s104%Sale 105% 106 8101%Nov. 1 106% Nov. 24 101% Sept. 14106% Nov. 24 Registered 1939 M N 1 101 101 105 101 Sept. 10 101 Sept. 10 General, gold, 43s 19921M- S 207,000 88 88% 89 Sale 92% 89 Nov. 1 95% Nov. 24' 82 July 15 903% Nov. 24 Registered 19921M- S 1,000 86 87% 00% Nov. 20 903% Nov. 20 84 Oct. 21 90% Nov. 20 Convertible 4%s 19301P - A 1,230,000 713' 71 87 Sale 87% Sale 87 Nov. 1 90 Nov. 23 70 Feb. 27 90 Nov. 23 Big Sandy, 1st, 4s 19441.1 -D 12,000 82 87 82 87% 82 85 83% Nov. 26 833% Nov. 26' 80 Oct. 8 83% Jan. 21 Coal Riv Ry 1st, git, 48_1945'J -D 11,000,, 80 82 87% 83% 813% Nov. 10 s83 Nov. 5 81 Oct. 19 833 Nov. 5 Craig Valley, 1st, g, 5s 1940i1 - J 3,000 95 95 96% 100 93 Nov. 10 98 Nov. 20 95 Nov. 10 98 Nov. 20 Potts Creek Br 1st 4s___19461J - 3 1 R.& A Div, 1st con g, 4s_1989 J - J 15,000 83 823% 833% 82% 86 82 Nov. 8 84 Nov. 16 803j Sept. 10 84% May 4 2d con gold. 4s 1989J -J 2,000, 74 81% 82 80 Nov. 13 80 Nov. 15 77 April 71 80 Nov. 15 Warm Spr Val, 1st g, 5s_1941 M- S 1 Greenbr Ry 1st gu, g, 4s,1940 M- N 1 30 1 ------Chic & Alt RR-Ref g 3s__1949 A -0 71,000 55 Sale 543% 60 , 603% Sale 55 Nov. 5 60% Nov. 52 Sept. 28. 60% Nov. 30 Railway, 1st lien, g, 3's 1950 J - J 56,000 38 Sale 423% 433% 443% Sale 43% Nov. 5 46 Nov. 23 38 Jan. 21 473% April 16 Chic Burl & Q-Denv 4s, F - A 11,000 Nov. 26 D '22 983% 9931 99% 99% 99% Nov. 5 99% 983% Feb. 10 100 Aug. 17 Illinois Division, 33,s___1949 J - J 195,000 81 813 833% Sale 1 86 Sale 83% Nov. 1 873% Nov. 813j Jan. 5 87% Nov. 18 Registered 1949 J - J 1 80 181 Illinois Division, 4s 1949 J - J 75,000 92 93% 93% 943/i 953% 953% 94% Nov. 8 953% Nov. 26 91% July 19 95% %3 Nov. 26 Registered 1949 J - J 10,000 923/2 94 93 94 Nov. 8 94 Nov. 8 94 Nov. 8 91 Nov. 8 Iowa Div sink fund, 5s__1919 A -0 1,000 101 102% '102% 102% Nov. 5 102% Nov. 29 1013% Jan. 11 102% Feb. 16 Sinking fund 4s 1919 A -0 13,000 003% Sale 993% Sale ! 993% 99 Nov. 19 99% Nov. 4' 96% Jan. 2 993% Oct. 26 Nebraska Exten, 4s__1927 M -N 6,000, 943' 973% 96% 96%' 97% Sale 973% Nov. 19 9731 Nov. 26; 94% Aug. 26 97% Nov. 26 Registered 1927 NI- N 95 June 7 95 June 7 Southwestern Div 4s___1921 M- S ! 96% 993% 993% I 99% June 1 99% June 1 Is, joint bonds. See Grt Nor 1 1 General 4s 1958 M- S 350,000 89% Salo 923% Sale 94% Sale- .92% Nov. 1 05 Nov. 26 88 Sept. 10 95 Nov. 26 20 25 Chic & E Ill-Ref &1mpt e 4s '55 J - J 36,000 32 16%3 18 Nov. 5 25 Nov. 29 15 Oct. 13 29 Jan. 19 Trust Co ctfs of deposit 40,000 25 Sale 19 Nov. 19 25 Nov. 30 )113 Oct. 11 23 Nov. 30 let cons, gold, 6s 1934 A -0 4,000 100% 106 1(e 103% 101 Nov. 4 101% Nov. 11! 91 Mar. 18 103 Feb. 27 General cons, 53____1937 M- N 274,000 3 683% 823% Sale 1 65 Nov. 19 823% Nov, 30 1st, I 513% Mar. 18 823% Nov. 30 Registered 52% Mar. 71 June 65 1 241 11 Trust Co ctfs of depos1I9t3__7 M- N 36,000 59 65 Nov. 5' 79% Nov. 291 593% Sept. 27 79% Nov. 29 Pur money let coal 5s__1942 P -A _____ 92 1 1 Ch & Ind Coal Ry 1st 58 1936 J - J 1 20 10 ! 20% 17 Oct. 20 17 Oct. 20 Chic Gt West-lst 50-yr 431959 M- S 519,000 68 68% 69% Sale 1 74% Sale 693% Nov. 1 74% Nov. 261 64 Sept. 17 74% Nov. 26 Chic Ind & Lou-Ref. g, 631947 J - J 12,000; 121 111 111% 112% 110 Nov. 11 112% Nov. 18' 110 Nov. 11 117 Jan. 25 Refunding, gold, 5s____1947 J - J 95 101 101 June 18 101 June 18 Refunding 4s, Series C__1947 J - J I Ind & Loulsv 1st gu 4s__1956 J - J i I Chic Ind & Sou-50-yr 4s_1956 J - .1 1;000 85% 1 86 1 85% Nov. 3 85% Nov. 3' 85% Nov. 3 85% Nov. 3 Chic L S & East-lst 4%9_1969 J -D 9,0001 92% 1 933% Sale 93% Nov. 30 943% Nov. 5; 92% Oct. 25 94% Nov. 5 Chic Milw & St Paul- , Gen, g, 4s, Ser A__May 19891 - J 221,000 89 893% 89 Sale 923% 92% 89 Nov. 1 Nov. 24 Aug. 23 933j Nov. 1 933% 85 24 Registered May 1989 Q - .1 • 88 1 893% April 15 893% April 15 Gen & ref series A 4%s__2014 A -0 175,000 89% 91 Sale 94% Sale 903% Nov. 4 95% Nov. 23' 87 Sept. 1 953% Nov. 23 Gen ref cony ser B 5s _ _ _2014 940,000 11053% Sale 107 Sale 105 Nov. 1 107% Nov. 29 100% Feb. 23 107% Nov. 29 Gen g, 33%s, Ser B_May 1989 3 - J 63,000, 75 79% Sale 82 82% 793% Nov. 1, 823% Nov. 29, 76 Aug. 26 823% Nov. 29 Registered - J • 1 80 80 May 1989 J 1 General 43.s, Ser C May 19891 - J 177,000 993% 100 100 Sale 1023% Sale 993% Nov. 6 1033% Nov. 19, 07 Sept. 8 1033% Nov. 19 90 25-year debenture 49__1934J - J 564,000 89 Sale Sale 92%3 Sale 90 Nov. 1 93% Nov. 20, 843% Sept. 20 933% Nov. 20 Convertible 43%s 1932 J -D 1,167,000, 96% Sale 99% Sale 101% Sale 993% Nov. 1 102%, Nov. 23! 93% Sept. 8 102% Nov. 23 Ch & L Sup Div, g, 5s 1921 J - J 1,101 102 103% 103 102% Aug. 18 1023% Feb. 27 Ch & Mo Riv Dlv, 5s___1926 J - J I 1023% 10314 loos 1 103 July 12 104% April 27 Ch & P W, 1st, g, 5s____1921 J - J 66,000, 1013% 1013% 1033% Sale 1033% Sale 1023% Nov. 4 i53% Nov. 24 101% Jan. 6 104% Sept. 27 CM & Puget S 1st gets 4s '49 J - J 279,000 88 88% 833% 883% 91 913% 88% Nov. 4 913% Nov. 22' 853% Sept. 15 913% Nov. 22 Dakota & Gt So, g, 5s__1916 J -3 7,000,1003% 100 100 my, 100 Nov. 27 100% Nov. 271 100 June 28 1003% July 21 Dubuque Div lets 651920J - J 105 106% 1063% 107% 106% Nov. 11 106% Nov. 11; 106 May 15 107% Fob. 9 f , Fargo & So, assu, g, 6s1924 J - J 108 109% 1 let La Crosse & D,5s___1919 J - J 1,000 1100 101% 1013% 8103 Nov. ii) 8103 Nov. 19, 102% June 11 8103 Nov. 19 Wisc & Minn Div, g, 519213_ J - J 11110461%'10 103 Sale 103% 103% 103 Nov. 1 103% Nov. 29 101% Jan. 4 103% Nov. 29 Wls Val Div 1st s f 6s___1920 J - J 4,000 % 105% 105% 1 10031 July 6 107 Feb. 26 Mil & Nor- 1 1st extended 4%s...... 1934 J -D 2,000' 963% 100% 100% 100% Nov. 23 101 Nov. 18 99 May 20 101 Nov. 18 Cons ex 4%s J -D 963% 100 100, 101 1 100 Oct. 28 100% Feb. 24 Chicago & North Western- Extension4s913% 1886-1926 P - A 943% 983% 92% Jan. 9 94% May 28 Registered 1886-1926 F - A 1,000 913% 94 943% Nov. 17 943% Nov. 17 94% Nov. 17 94% Nov. 17 General, gold, 3%s 1987 M- N 113,000, 78% 783% 793% SO 83 Sale 81 Nov. 5 83 Nov. 26 78 Sept. 1 83 Nov. 20 Registered Nov 1987 Q - F 1 General 4s 1987 M- N 97,000, 89 893% 943% 96 963% 95 Nov. 61 963% Nov. 24 89% Jan. 5 96% Nov. 24 Stamped 1987 M- N 88,000 95 95 95 Nov. 81 953% Nov. 24 89 Jan. 5 95% Nov. 24 General 5s stamped ___ _1987 M-N I 110% 114% 114% Nov. 271114% Nov. 27 109 Feb. 23 114% Nov. 27 Sinking fund 6s___1879-1929 A -0 104 108% 109% 103 June 21 1093% Mar. 30 Registered 1879-1929 A -0 109 102%7 Feb. 9 1033% Feb. 15 Sinking fund 5s___1879-1929 A -0 3,000 104% 113% 110134%3f' 104% Nov. 121 101% Nov. 26 103% Mar. 31 104% Oct. 25 Registered1879-1929 A -0 1 103% 1033% 108 1 Debenture 5s 1921 A -0 6,000 100% 100% 102% 104 104 Nov. 26,104 Nov. 26 100% Mar. 6 101 Nov. 26 Registered 1921 A - 0 i 101 1 Sinking fund deb 5s____1933 M-N 5,000 102% 103% 104% 103% Nov. 111104% Nov. 29 101 Aug. 2104% Nov. 29 Registered 1933 M-N I 99 Mar. 19 101% May 22 Des Pines Val 1st gu 4 %s1947 M- S II 93%933% Sept. 10 93% Sept. 10 Frem Elk & Mo V Ist 68_1933 A -0 117 118% 117 Aug. 131 119% Feb. 1 Man GB&NW let gu 33%s '41 J - J Milw & S L 1st gu 3%s1941 J - J 1 Bf L S & West, 1st, g. fis 1921 M-N 2,000 ,106% 107% 107% 108% 107% Nov. 5107% Nov. 26 105 April 1'108% Mar. 3 Ext & iTIIII. s f. g, 5s__1929 F - A 111100:: 1104 104% 8102% Aug. 9 104% Mar. 17 Ashland Div, 1st, g, 6s1925 M- S 11107 110% 111% 1 Milhigan Div, 1st, g, 6s '24 3 - J 1'107 110% 110% 1111% April 16 1113% April 16 A, ilSpar & N W lstgu 4s 1947 M- S 14,000 , 89 92% 90% 94% 92% 93 90% Nov. 3; 92 Nov. 24' 89% Aug. 25 92 Feb. 18 Norw tin 103% 1 Pt s f 7s_June 1917 M - S 104% ,I St L Peo & N W 1st en 591948 J - J 15,000101% 102% 104% 106 105 106 106 Nov. 3 100 Nov. 5 low, .Tan. 11106 Afar. 25 WI., r -. - • - "--. ...,., 10••-• T n 1,114 lo/t.g 1 1,1 'Ur'', ""' ______------ma, 1 , inaki MI1,7 0

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis DEc., 1915.] BONDS-STOCK EXCHANGE RECORD 23

Int. Sales int Price about PRICES IN NOVEMBER. RANGE SINCE JAN. 1. BONDS Per- November, Jan. 2. , N Y STOCK EXCHANGE iod. (par val.)1 1915. 1 Nov. 1. Nov. 30. 1 Lowest. 1 Highest. il. Lowest. Highest. I Bid. Ask. ,Bid. Ask. Bid, Ask.1 Sale Prices. i Sale Prices. I Sale Prices. Sale Prices. Chic R I & Pacific, 6s____1917 J - J 15,000 1018% 10234 10234 1028% 10234110234 Nov. 5 10234 Nov. 24 10134 April 28 1028% June 18 Registered 1917 J - J 10134 103 10234 1028% 1 1'101 May 14 102% Oct. 1 General, gold, 4s___. 19S8 J - J 165,000, 813.4 • 828% Sale 858% Sale 828% Nov. 11 8634 Nov. 29! 79 Sept. 17 8634 Nov. 29 Registered 1988 J - J 1,000 81 83 8134 Nov. 16 8134 Nov. 16' 80 April 24 8234 April 15 Refund gold 45 1934 A -0 949,000 6734 Sale 65 Sale 6934 Sale 6134 Nov. 11 70 Nov. 26: 61 July 30 7134 Mar. 31 20-year debenture 55 1932 J - J 814,000 55 56 4334 Sale 493% Sale 433% Nov. 6, 503% Nov. 29; 39 July 12 67 April 15 Trust Co.Certfs of deposit 235,000 42 Sale 46%8 Sale 42 Nov. 11 4734 Nov. 27' 40 Oct. 22 4734 Nov. 27 Coliat tr 4s, Series N ___1916 M-N 90% 90% - 1 90 April 15 90 April 29 Series P 1918 M-N 79 79% 98% 1 R I Ark & L 434s rec 1934 M- S 78 74 74 1 Burl C H & No-go1,1 55_1934 A -0 5,0001 993% 1013% 1013% Nov. 22 1013% Nov. 22 99 Feb. 13 1018% Nov. 22 CRIF&NW,gu, g, 551921A-0 99 99 M & St L, 1st gu, g, 7s_ _1927 J -D Choc Oki&G gen. g 55,0ct'19 J - 97% 97% July 8 97% July 8 Consol, gold, 5s 195' M-N 95 9714 April 14 9734 April 14 Kook & Des M, 1st, 5s1923 A -0 93 51 55 75 493% Sept. 30 84 Jan. 30 St P & K C Sh L 1st 4%s 1941 F - A 75 81 71 81 65 April 8 65 April 9 Chic St L & N 0. See Ill Cent Chic St L & Pitts. See Penn Co Chic St P M & 0,cons Os 1930 J -D 1,000 114% 115% 11634 116% 117 Nov. 8 117 Nov. 8 1143% July 10 1173% Jan. 27 Cons 6s, reduced to 3%_1930 J -D 87 90 Jan. • 27 90 Jan. 27 Debenture 5s 1930 M- S 73,000 100% 101%100% 10134 102% Sale 10134 Nov. 8 10234 Nov. 261 9954 June 22 10234 Nov. 26 Ch St P & Min, 1st g,65_1918 M-N 112 115% 115% 115 Sept. 29 11534 Oct. 7 112 115 115 1 North Wisconsin 1st 65_1930 J - J 511058% St P & S City, 1st g 6s 1919 A -0 6,0001 104% 105% 105% 103% 105% 1053% Nov. Nov. 5' 10434 June 19 1053% Feb. 23 Superior S L 1st 5s, June 1930 M -S Chic T H & S'east 1st 5s 1960 J - D 89 80 80 Chic & W I gen, g, 6s_Dec 1932 Q -M 1,0001 10434 106% 106% 10634 Nov. 19 10634 Nov. 19 105 Jan. 13 10634-Feb. 13 Consol 50-year 4s 1952 J - J 151,000 79 77% Sale 82% Sale 7734 Nov. 1 838% Nov. 19 7434 Sept. 17 833% Nov. 19 Chic & W Mich. See Pere Marq Choc Okl & G. See CRI&P Cin Ham & D 2d g, 4%3_1937 J - J 75 80 1959 J - J 87 87 1st guar 4s 25 July 25 Cin D & I, lst guar g 53_1941 M-N 27% 21 July 21 CinF1n&FtW,lstgvg4s.1923 M- N 75 Cin Ind & W, Ist gu g 45.1953 J - J Day & Mich 1st con 4351931 J - J Ind Dec&West 1st g, 5s_1935 J - J 95 1st guar gold, 5s 1935 J - J Cin Ind St L & C. See CCC&StL Cin San & Cloy. See CCC&StL Clearfield & Mahon. See BR&P 4s_1993J -D 93,000 70 74 78 818% Sale 78 Nov. 3 83 Nov. 20 68 June 3 83 Nov. l>0 C C &C St Lgeng 18 20-year debenture 4%5_1931 J - J 54,000 84% 8234 8434 8734 8834 84% Nov. 6 8734 Nov. 18 7934 Oct. 21 8734 Nov. 45_1939 J - J 7,000 8234 84 8534 8634 84% Nov. 4 s8:5 Nov. 26 80 Oct. 9 88534 Nov. 26 Cairo Div, 1st, gold, 12 Cin W & M Div, 1st, g, 45 '91 J - J 1,0001 80 70 78 8234 78 Nov. 12 78 Nov. 12 70 Sept. 24 78 Nov. St L Div, 1st coll tr g, 4s 1990 M- N 10,000 1 80 83 70 78 82 85 78 Nov. 3 80 Nov. 9 7531 Oct. 18 80 April 28 Registered 1990 M- N 75 75 80 Sp & Col Div, 1st, g, 4s_1940 M- S 4,000 77 85 8434 Nov. 13 85 Nov. 22 77 Sept. 27 85 Nov. 22 W W Val Div, 1st g, 4s_1940 J - 82 84 Cin I St L & C,cons 6s_ _1920 M-N 1,000 103%3 105 104 105 105 Nov. IS 103 Nov. IS 105 Nov. IS 1053% May 20 First gold, 45_ ___Aug 1936 Q - F 1,000 90 Sale 9134 90 Nov. 1 90 Nov. 3 90 Feb. 2 90 Feb. 2 Registered____Aug 1936 Q - F 8834 87 Mar. 31 88% May 14 Cin S & Cl,cons 1st g 55_1928 - J 101 April 26 101 April 27 CI C C& In gen con, g,65_'34 J - J Ind 131 & W, 1st pro!, 45..1940 A -0 0 I & W, 1st pf, 5s_Apr 1938 Q - J A - 8,000 74% 65 70 72 75 Nov. 3 72 Nov. 29 _ 89 July 29 72 Nov. 29 Peor & East 1st cons 4s_1940 6534 8 Income 4s 1990 April 43,000 20 30 Sale 35 40 30 Nov. 1 38 Nov. 8 20 July 9 38 Nov. Cleve Lor & W. See Bait & 0 Cleve & Mahon Vail. See Erie Cleveland & Pitts. See Penn Co A - 524,000, 91% 94% 95 100% Sale 95%3 Nov. 3 Nov. 23 91 Mar. 3 10134 Nov. 23 Cleve Short L-lst gu 4%s 1961 10134 31 Colo Midiand-lst g 45_1947 J - J 13,000 17 8 14% 9 14% 810 Nov. 29 810 Nov. 29 810 Nov. 29 17 Mar. Trust receipts 1 15 20 16 16 143-4 Mar. 11 15 Feb. 24 Colo & Southern 1st g 45_1929 F - A 114,000 85% 86% 91% Sale 9234 Sale 913% Nov. 1 933% Nov. 20 85 Sept. 3 933% Nov. 20 Refunding & ext, 434s__1935 M-N 235,0001 80% 82 82% 88% Sale 823% Nov. 3 90 Nov. 22 7834 Sept. 24 90 Nov. 22 F W & D City-lst g 6s_1921 J - D 26,000 100 101% 102% 103%106 1033% Nov. 11 10634 Nov. 29 100 Jan. 5 10634 Nov. 29 Colum & Greenv. See South Ry Colum dr Hock V. See Hock Val Col Conn & Term. See Nor&W Conn & Pas Rivs, 1st g 45_1943 A -0 Cuba RR 1st 50-year 55 g_1952 J - J 100% 100 Dakota & Gt So. See CM&StP alias & Waco. See Mo K & T Delaware Lack dr Western- E.1stgu,3 345_2000 J -D 22,000 80% 85 85% 8634 85 Nov. Si 8634 Nov. 24 84 Jan. 29 8634 Nov. 24 Mon& 9 N Y L &'W, 1st, 65 1921 J - J 2,000 106 '107% 103 107% 110 108 Nov. 5108 Nov. 5 107 May 20 109 Feb. Construction 5s 1923 E - A 100% 101% 1013% May 11 1013% May 11 Term & improvel 45_1923 -N 93 95% 95% 9531 Jan. 20 96 June 2 War RR 1st ref gu g 33452000 F - A 85% • 85% Del & 11-1st Penn Div 75_1917 M - S 10534 108% 104% 104% 105% 1 043% Aug. 18 10534 May 13 Registered 1917 M - S 1 10-year convert deb 4s 1916 J -D 149,000 98% 100% Sale 10034 10034 10034 Nov. 1,10034 Nov. 26 99 Jan. 4 1003% Sept. 28 1st lien eq 15-yr g 4%s 1922 J - J 98 100% 101% 1003-4 1013,4 99 Jan. 21 10034 April 30 1st refunding 4s 1943 M-N 114,000 91% 95% Sale 9634 Sale 93 Nov. 5 97% Nov. 16 8934 Sept. 10 973-4 Nov. 16 Convertible 5s 1935 A - 0 962,000 106 Sale 10734 Sale 10534 Nov. 110334 Nov. 19 101%3 Oct. 9 10834 Nov. 19 Alb & Susq, cony 334s 1946 A -0 102,000 83 85 83% 84% 867-4 Sale 84%, Nov. 3 8634 Nov. 24 80% Sept. 14 8634 Nov. 24 Rens & Saratoga 1st 7s 1921 M-N 111 111% 1113% 11334 Jan. 28 11334 Jan. 28 Del Riv RR ridge. See PerinRR 1 Den & R G-lst cons, g, 4s 1936 J - J 371,000, 75 76 Sale 81 Sale 76 Nov. 1 823% Nov. 26 68 Sept. 15 823% Nov. 26 Consol gold 4345 1936 J - J 58,000 83 83 Sale 8534 Sale 83 Nov. 1 853-4 Nov. 30 7334 Sept. 21 8534 Nov. 30 Improvement gold, 55 1928 J -D 12,000 77% 74 8374 90 80 Nov. 12 8334 Nov. 29 66 Aug. 27 8334 Nov. 29 First & refunding 55 1955 F - A 313,000 42 56% Sale 63 Sale 5654 Nov. 1 63 Nov. 26 38 Jan. 15 63 Nov. 26 RioGrJunc,lst,gu,g,55_1939 J - D 80 95 80 95 Rio Gr Sou, 1st, g, 48-1940 - J 40 77 35 1940 J - J 1,000 74 35 Nov. 19 35 Nov. 19 :33 Nov. 19 35 Nov. 19 Guaranteed 45,0001 13 Rio Gr West, 1st, g, 4s 1939 J - J 70 72% 72% 75 78 73 Nov. 3 77 Nov. 13 69 June 1 77 Nov. M & coil tr, g, 45,SerA,'49 A -0 6,000 60 64 59 59% 65 70 6034 Nov. 8 6034 Nov. 8 58 Mar. 19 60% Nov. 8 Ut C, 1st, gu, g, 4s.Jan '17 A -0 Des M & Ft D. See M & St L Des M Un Ry 1st g 55 1917 N 99 9934 100 100 Mar. 4 100 Mar. 4 Det & Mack, 1st lien g 45_1995 J -D 85,000 80 85 87 87 90 s87 Nov. 9 887 Nov. 9 80 Jan. 30 87 Aug. 2 Gold 4s 1995 J -D 8,000 75 80 80 80 Nov. 61 85 Nov. 4 78 May 4 85 Aug. 25 Detroit River Tunnel- 1 Det Term Tunnel 1st 434s '61 M-N 50,000 93% 89% Sale 94 Sale 8934 Nov. 1, 95 Nov. 26 8934 Oct. 11 95 Nov. 26 Dul Missabe & Nor gen 5s_1941 J - 8,000 99% 101% 105% 1033% 105 105 Nov. 11 1053% Nov. 10 10134 May 111053% Nov. 10 Dul & Iron Range, 1st 5s 1937 A -0 5,000 100 10134 104 1023% Nov. 8 10334 Nov. 20 9834 April 20 1033,4 Nov. 20 Registered 1937 A -0 Second 6s 1916 J - J 98 Duluth Short Line. See Nor P 1 Dul So Shore & Atl, g, 5s_ A937 J - J 1,000 89 94 94 Nov. 23 94 Nov. 23 90 Oct. 26 100 April 28 East of Minn. See S P M & M ast Tenn Reor lien. See So Ry East Tenn Va & Ga. See So Ry Elgin Jol & East, 1st g 55 1941 M-N 1,000 104% 104 104 104 Nov. 18 104 Nov. 18 103 April 23 105 Jan. 28 Erle--Ist consol, gold, 75_1920 M- S 21,000 107 109 110 Sale 1103.4 1093% Nov. 5 111 Nov. 26 10634 April 12 111 Nov. 26 NY & Erie 1st ext, g, 49 1947 M-N 85 9034 _ 90% 2d, ext, gold, 5s 1919 M- S 1008% 10134 10034 10134 100 Feb. 24 10134 Feb. 15 3d, ext, gold, 4345 1923 M- S 98 98% 983% 983% Mar. 5 993% Feb. 11 4th, ext, gold, kis 1920 A - 0 3,000 101 10134 10034 10134 102 Nov. 24 102 Nov. 24 100 July 26 1023% April 16 5th, ext, gold, 45 1928 J - D 1,000 92 93 95 94 94 Nov. 26 94 Nov. 26 93. Oct. 18 94 Nov. 26 N YLE& Wg fund, 75..1920 M- S 102 109% 1 10334 Oct. 18 109 June 3

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis 24 BONDS-STOCK EXCHANGE RECORD. [VoL. 101.

Int. Sales inII Price about PRICES IN NOVEMBER. RANGE SINCE JAN. 1. BONDS Per- November, Jan. 2. N Y STOCK EXCHANGE iod. 1915. 1 1915. Nov. 1. Nov. 30. Lowest. Highest. Lowest. Highest. Erie-(Concluded)- $ Bid. Ask. Bid. Ask.Bid. Ask. Sal. Prices. Sale Prices. Sale Prices. Sale Prices. Erie 1st con g prior 4s_ __1996 J - J 353,000 80 813' 84% Sale 86 Sale 833 Nov. 10 87%, Nov. 22 77 Sept. 9 -874 Nov. 22 Registered J - J 80 80 %3 79% June 30 80 Oct. 16 1st consol gen lien g 4s 1996 J - J 624,000 67 673 74 Sale 8763/i Sale s74 Nov. 4 77 Nov. 26 65 July 28 77 Nov. 26 Regi tered J - J 75 Penn coll trust g 4s___1951 F - A 28,000 873% 863% 86% 87 86% Nov. 8 86% Nov. 20 86 May 11 88q Mar. 18 50-yr cony g 4s Ser A_1953 A -0 374,000 613% 62 72 Sale 733 Sale 704 Nov. 11 73%3 Nov. 26 59 July 27 73%3 Nov. 26 Ser B_1953 A -0 2,300,000, Do do 64% Sale 823 Sale 86 Sale 82 Nov. 1 863% Nov. 26 633% Feb. 26 863% Nov. 26 Buff N Y & Erie 1st 7s__1916 J -D 1102 1033% 101 5s.._1982 1033% 1023% Jan. 4 103 Jan. 22 Chic & Erie 1st gold M-N 2,0091 1033% 1053% Sale 1053% Nov. 24 Nov. 30 Jan. 15 1053% Nov. 30 Clev & Mahon Val g 5s_1938 J - J 1053% 1013% 6s_1935 101 Feb. 1 101 Feb. 1 Long Dock cons gold A -0 11,000 118 121 1223% 122 Nov. 15 1223% Nov. 19 119% Aug. 171223% Nov. 19 C & RR Co 1st cur gu 6s 1922 M-N 103 99%3 /s7 104 99 103 1003% Oct. 2 1003% Oct. 2 D & Impt Co 1st extd 5s 1943 J - J 101 1023% 1043 1023% NY&Greenw L guar g 55 1946 M-N 1023% Mar. 16 103% Aug. 13 NYSusq&W 1st ref g 5s_1937 J - J 11,0001 100 953% 100 99 100 97 Nov. 4 99 Second gold 43%s 1937 F - A 1 Nov. 12 90 April 13 99 Nov. 12 General gold 5s 1940 F - A 3,000 70 70 80 75% Nov. 22 75% Nov. 22 67% Aug. 24 75% Nov. 22 Terminal 1st gold 5s 1943 M-N 99 103 100 Mid of N J 1st ext 5s 1940'A -0 102 104 Wilk & East 1st gu g 5s_19401 J -D 85 89 813 85 8590 Erie & Pittsburgh. See Penn Col 79 Oct. 14 86 April 8 Ev & Ind 1st con gu g 6s_ _1926 J - J 33 Ev & T H-lst cons g 6s1921 J - J 1,000 100 873% Sale 893( 873% Nov. 1 873% Nov. 1 81 Aug. 9 97 Feb. 20 1st general gold 5s 1942 A - 0 85 47 47 Mt 'Vernon 1st gold 6s 1923 A -0 Sull Co Brch 1st g 5s_ 1930 A -0 rargo dr Sou. See Ch M& St P A la Cent & P. See Seab Air L Fla Coast East 1st 4%s 1959 J -D 107,000 893% 913% 943% Sale 91% Nov. 5 95 Nov. 26, Sept. 21 Fort St U D Co 1st g 43%s_19411 J - J 863% 95 Nov. 26 Ft W & Rio Gr 1st g 4s_ 1928'J - J 12,000 65 563 65 673% 70 65 Nov. 12 Nov. 241 50 May 15 al H & San A. See So Pac Co 683% 683% Nov. 24 Ga & Ala. See Seab Air Line Ga Car & Nor. See Seab Air L Georgia Pacific. See South Ry Gila 'V G & N. See Sou Pac Co Gouv & Oswegat. See N Y Cent Gt Nor-C B & Q coll tr 45 1921 J - J 2,067,000 043% Sale 97% Sale Sale 973 Nov. 945% 983% % 1 083% Nov. 23 943% Jan. 4 983% Nov. 23 Registered July1921 Q - J 11,000 Sale 98% Nov. 3 98 Nov. 17 Jan. 2 1st & refund 43Is 973% 943% 98 Nov. 17 Ser A_1961 J - J 79,000 99% 99 100 993% Sale 9 Nov. 3 Nov. 24 94 Sept. 18 Jan. Registered 1961 J - J 93% 1003% 101 20 St Paul Minn St Manitoba- 1 Consol mortgage 4s J 1933 - J 1,000 943% 943% 96% 953% Nov. 19 95% Nov. 19 933% Sept. 29 95%7 Nov. 19 1st consol gold 6s 1933J - J 11,000 1113% 119 1193% 119 Sale 119 Registered Nov. 11 119 Nov. 11 1163% Sept. 41203% April 24 1933J - J 1213% I April 27 April 29 Reduced to gold 43%9_1933J - J 118 1183% 23,000,1003% 1013% 1023% Sale 101%3 Nov. 3 1023% Nov. 27 Sept. 14 1023% Nov. 27 Registered 1933 J - J 1 1023% 993% Mont Ext 1st gold 49_1937 J -D 10,000 913% 923% 953% 96 %3 Registered 933% 93%7 Nov. 11 953% Nov. 23' 913% July 19 95 Nov. 23 1937 J -D 1,000 923% Sale Nov. 1 923% Nov. 1 Pac Ext sterling gu 4s_1940 J - J 3,000 923% Nov. 1 923% Nov. 1 923% 85 863% 853% Nov. 8 853% Nov. 8 853% Nov. 8 853% Nov. 8 E Ry M No Div 1st g 45..1948 A -0 I 89 86 88 Minneap Un 1st g 6s 1922 J - J 1,000 893% June 29 893% June 29 109 109 109 Nov. 8 109 Nov. 8 109 Nov. 8 109 Nov. 8 Mont C 1st gu g 68 1937 J - J 113 1183% 120 Registered 1937 J - J 1183% Sept. 17 121 May 27 1st guar gold 5s 1937 J - J 100 105% 1073% Registered 1937 J - J 1053% April 15 1053% April 24 Will eit S F 1st gold 5s_ 1938 J -D 1023% 104 105 Greenbrier Ry. See Ches St 0' 1073% June 12 1073% June 12 par) Feb 110,000, G Bay & NV deb cfs A ($100 80 70 80 75 793% 75 Nov. 4 77 Nov. 5 70 April 14 77 Nov. 5 Debenture ctfs B (par $100, Feb 4,960,000, 9 113% 11 123% 13 133% 123% Nov. 3 143% Nov. '52J - J 1,000 5 103% Jan. 11 143% Nov. 5 G&ShI 1st ref & ter 5s g Feb 69 92 82 85 833% 85 82 Nov. 9 82 Nov. 9 82 Aug. 21 86 Mar. Registered Feb 1952 .I, - J II 4%s_..1999 - J tlock Val 1st con g J 62,000 93 94 913% Sale 933( 96 913% Nov. 1 963% Nov. 18 Sept. 21 " Registered 1999 J - J 873% 963% Nov. 18 Col & H V 1st ext g 4s 1948'A -0 1,000, 83 853% 83% 84 84 Nov. 16 84 Nov. 16 - A -1,000 83% Sept. 8 853% Jan.- i Col & Tol 1st ext 4s 1955 F 84 833% 86 Nov. 11 86 Nov. 11 66 Nov. 11 Housatonic. SeeNYNIldc II 66 Nov. 11 H & Tex Cent. See So Pac Co bus Belt & Ter 1st 5s_ 1937 J - J Illinois 1951 J - J 93 Feb. 4 933% Feb. 18 Central-ist g 45 6,000, 883% 94 96 973% Sale 943% Nov. 18 Nov. 30 Nov. 18 a Registered 1951 J - J 96 973% 943% 973% Nov. 30 92 Aug. 31 92 Aug. 31 1st gold 33%s 1951 J - J 1,0001 783% 82 823% 82 Nov. 4 82 1951 J - J 17,000 Nov. 4 784 Jan. 11 84 Oct. 27 Registered 82 Sale 82 Nov. 1 83 Nov. 12 82 12 Extended 33%s 1951 A -0 Nov. 1 83 Nov. 1st g 783% 80 80 79% 83 Oct. 18 83 Oct. 18 Registered 1951 A -0 80 83 1st gold 3s sterling 1951 M- S 1952 -0 Collateral trust gold 4s A 55,0001 85 86 843% 843% 903% Sale 81 Nov. 9 Nov. 30 81 Aug. 2 Nov. Registered 1952 A - 0 903% 903% 30 :st refunding 4s 1955 M- N 150,000 85 86 86% 87% 913% Sale 873% Nov. 8 92 Nov. 24 63 Sept. 23 92 Nov. 24 Purchased lines 33%s 1952J - J 3,000, 783% 84 813% 84 81 Nov. 10 81 Nov. 10 19a3 M- 79 Sept. 24 81 Nov. 10 Coll tr g 4s L NO & T N 97,000 86 833% 84 s86 Sale 84 Nov. 3 873% Nov. 22 793% July 9 Nov. 22 Registered 1953 M- N 953% 873% - 89 Feb. 10 89 Feb. 10 Cairo Bridge gold 4s 1950 J D 87 88 86 April 3 Litchfield div 1st g 38_1951 J - J 86% Oct. 14 33%s_1953 J Lou'v div & term g J - 77 80 June Registered 1953 J - J 763% 11 773% Mar. 27 Middle Div regis 5s 1921 F - A Omaha Div 1st 1951 F - A g 3s 703% 68 Mar. 2 73 Mar. 2C St Lou Div de term g 3s 1951 J - J 663% 68 683% Sept. 30 683% Sept. 30 Gold 33%s 1951 J - J 77 823%78 2,000 Mar. 26 80 April 12 Registered 1951 J - J 81 Nov. 23 81 Nov. 23 81 Nov. 23 81 Nov. 23 Spring? Div 1st g 3%s 1951 J - J 77 15,000 Western Lines 1st g 4s 1951 F - A 843% 88 843% Nov. 12 883% Nov. 22 843% Nov. 12 Nov. 22 Registered 1951 F - A 883% Belle dr Carond 1st 6s 1923 J -D Carb & Shaw 1st 45 g 1923 M- S Ch St L & NO gold 5s 1951 J -D 107 107 1043% Sept. Feb. 3 Registered 1951 J D 1063% 211093% Gold 33%s 1951 J -D Registered 1951 J D %3 Joint 1st ref ser A 5s_ _1963 J - D 267,000 983% 100 Sale 102%5 Sale 99 Nov. 1 1033% Nov. 18 983% Jan. 26 Nov. 18 Memphis Div 1st g 1033% 4s_1951 J - D 873% 93 86 Oct. 28 863% Mar. 12 St L So 1st gu g 4s_ _1931 M- S 953% 983% 983% Ind Bl & W. See Cl c dI St L 1 Ind Dec & W. See Cin II St D 1 Ind Ill dr Ia 1st gold 4s_ __ _1950 J - J 6,000 33 853% 88 883% 873% Nov. 22 90 Nov. 24 82 Sept. 24 90 Nov. 24 Intern & Gt No-lst g 6s_ _1919 M- N 20,000 101 97 98 963% 97 97 Nov. 22 973% Nov. 4 96 Oct. 11 100 Jan. 25 Iowa Central. See Minn dr St L Tack Lang & Sag. See Mich Cen dames F el Clear 1st 4s 1959 J -D 20,000 873% 90 92 93 90 Nov. 8 92 Nov. 18 843% July 21 92 Nov. 18 Vail All & G R. See LS&MS ‘1,an & Mich. See To! & 0 C K C Ft S & M. See St L & S F K C dr M Ry dr B. See StIASF K C & Pacific. See NI° K & T Kan City South 1st g 3s_1950 A -0 104,000 663% 70 69 70 70 713% 693( Nov. 6 721 Nov. 24 Oct. 5....'.73 Nov. 24 Registered 1950 A -0 663% Ref & imp 5s Apr 1950 J - J 169,000 873% 90 94 Sale 94 Sale 933% Nov. 3 96 Nov. 13 887 Oct. 4 06 Kansas Nov. 13 C Term 1st 4s_ _ _ _1960 J - J 134,000 923% 86 863% 893% 893% 863% Nov. 8 90 Nov. 26 833% Sept. 11 93 Feb. 2 Kentucky Central. See L & N ' Keok & Des M. SeeCRI&P Knoxville & Ohio. See Sou Ry T ake E St W 1st gold 55 1937 J - J 12,000 100 93 973% Sale 953% Nov. 12 973% Nov. 30 July 19 IL, 893% 983% Feb. 16 2,1 gold 5s 1941 J - J 8,000 95 60 743% 83 88 74 Nov. 12 84 Nov. 29 74 Nov. 12 84 Nov. 29 North Ohio 1st gu g 5s_ _1945 A -0 I 95 L Sh & Mich 80. See N Y Cent. Leh V (NY) Ist gu g 43%s_1940'J - J 14,000 99 100 1003% 100 Nov. 101003% Nov. 26 98 Sept. 31013% Mar. Registere4 I 1940J - J 1,000' 100 100 100 Nov. 9,100 Nov. 9 99 April 1003% Feb. 8 I 1 I 151

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis DEC., 191 5.1 BONDS-STOCK EXCHANGE RECORD 25

Int. Sales in Price about PRICES IN NOVEMBER. 1 RANGE SINCE JAN. 1. BONDS Per- November Jan. 2. Nov. 1. ; Nov. 30. Lowest. Highest. Lowest. Highest. N I' STOCK EXCHANGE iod. (par sal.) 1915. I Bid. Ask. Bid. Ask. Bid. Ask. Sale Prices. 1 Sale Prices. 1 Sale Prices. Sale Prices. Leh V (Pa) gen con g 4s___2003 M- N 30,000 8934 893/s 8913% Sale 89% Nov. 3 91%3 Nov. 22 863% Sept. 24 91% Nov. 22 Gen consol 434s 2003 M-N 1,000 9634 9734 99%3 101 1004 Nov. 19 10034 Nov. 19 9734 Jau. 15 1004 Nov. 19 Leh V Ter Ry 1st gu g 5s 1941 A - 1054 107% 1074 1053% Jan. 4 108 Aug. 23 Registered 1941 A -0 Leh V Coal Co 1st gu g 58_1933 J - J 2,000 101% 10431 104 105 104% 10434 Nov. 8105 Nov. 16 10134 Aug. 28 105 Nov. 16 Registered 1933 J - J 103 First int reduced to 4s 1933 J - J Leh & N Y-lst gu g 4s1945 M- S 1,003 83 31 88 91 89% 91 884 Nov. 12 884 Nov. 12 84 May 24 884 Nov. 12 Registered M- S Leh & Hutt It. See Cent of N J Leroy & Caney Val. See-Mo P Long Dock. See Erie Long Isl 1st con g 5s_Ju1y 1931 Q - J 7,000 10234 103% Sale 10334 Nov. 15 10334 Nov. 15 81013% Oct. 25 1044 Feb. 8 1st cons gold 4s __July 1931 Q - J 94 94 884 Oct. 22 884 Oct. 22 Gen gold 4s 1938 J - D 84 87 85 87% 88 85 Mar. 18 873% Jan. 25 Ferry gold 434s 1922 M- S 9331 06 Gold 4s 1932J -D Unified gold 4s 1949 M- S 25,000 90 8434 85 90 8434 Nov. 11 87 Nov. 24 823-4 Oct. 11 89% May 12 Deb gold 5s 1934 J -D 2,000 95 98 99% 100 89834 Nov. 9 997-4 Nov. 27 9534 Jan. 21 993% Nov. 27 Guar ref gold 45 1949 M- S 13,000 82% 84% 8734 88% 8534 Nov. 4 8834 Nov. 12 823% Sept. 27 8854 Nov. 12 NYB&M 13 con g 5s 1935 A - 0 100 102 99 98 100 Feb. 25 10034 Feb. 20 NY & Ito Bch Ist g 55_ _1927 M- S 4,000 1004 102 100 Nov. 10 100 Nov. 10 100 Nov. 10 100 Nov. 10 NShBch 1st con gu 5s Oct'32 Q - J 10034 100 1004 10034 102 10034 July 2 101 Aug. 18 Louisiana & Ark 1st 5s_ __ _1927 M- S 88% 914 85 91% Louisv & Nashv-Gen g 6s 1930 J -D 2,000. 110 115 112 1134 11234 113% 114 Nov. 15 11434 Nov. 20 110 Jan. 13 115 Feb. 15 Gold 5s 1937 M-N 5,000, 1054 106 107 106% 107 Nov. 4 107 Nov. 4 1053-4 Sept. 9 107 Mar. 16 Unified gold 45 1940 J - J 280,000; 92 Sale 93% Sale 94% Sale 893 Nov. 9 943-1 Nov. 26 894 July 8 94% May 4 Registered 1940 J - J 1 Coll trust gold 5s 1931 M- N 12,000, 103% 10534 Sale 8104%7 Nov.19 10534 Nov. 30 997-4 Sept. 28 10534 Nov. 30 E H & Nash 1st g 6s_ 1919 J - D 4,000, 107% 107% 10734 Nov. 17 10734 Nov. 17 10734 Nov. 17 1074 Nov. 17 Louis Cin & Lex g 430_1931 M- N 1,000 954 98% 100 34 101 Nov. 10 101 Nov. 10 983% Oct. 20 101 Nov. 10 N 0 & M 1st g 6s 1930 J - J 6,000 1134 115 114 114% 114 Nov. 11 11534 Nov. 20 1133% Oct. 19 1154 May 5 2d g 6s 1930 J - J 110 1074 110 108 Feb. 20 109%7 May 21 Pad & Mem Div 4s 1946 - A 87 91 86% 86% 86 Oct. 5 864 Oct. 5 St Louis Div 1st g 6s 1921 M- S 105% 10634 106% 106% 1054 July 10 1074 Jan. 27 2d gold 3s 1980 M- S 7,000 62% 60% 60% 6134 603% Nov. 10 62 Nov. 26 583% Sept. 22 65 Mar. 24 Atl Knox & Cin Div g 45 1955 M-N 64,000 854 86 86% 87 8734 88 864 Nov. 5 90 Nov. 19 83 Sept. 25 90 Nov. 19 At! Knox & No 1st g 5s_ A946 J - D 101 102% 102% Hend'sonBdge 1st s f 6s g1931 M- S 1053,4 1004 105 Mar. 9 105 Mar. 9 Kentucky Central g 4s_ _1987 J - J 4,000 84 90% 8634 87% 88 89 87 Nov. 5 8734 Nov. 11 86 Jan. 11 8834 July 26 L&NMob&Mlst g 44s_1945 M- S 7,000 98 98% 100 9834 Nov. 19 100 Nov. 29 98 Oct. 22 101 May 6 L&N Sou Mon Joint 4s_ _1952 J - J 14,000, 80 76 784 79 81 7834 Nov. 4 81 Nov. 29, 7534 Oct. 29 81 Nov. 29 Registered July1952 9- J N Fl & Sher 1st gu g 5s__1937 - A 1004 103 % 103% Npt&CinB gen gu g 434s 1945J - J Pens & Atl Ist gu g 6s___1921 F - A 1,000 107% 109 108% 1094 1034 Nov. 29 10934 Nov. 29 1074 Mar. 17 1094 Nov. 29 & N Ala con gu g 5s___1936 F - A 5,000 103% 104% 103 104% 1053,4 Feb. 10 1054 Feb. 10 Gen cons gu 50-yr 5s_ _1963 A -0 131,000 99% 994 10034 Sale 103 Sale 10034 Nov. 1 1043% Nov. 22 9934 Jan. 4 10434 Nov. 22 Lou&JeffBdge Co gu g 4s1945 M- S 4,000 83 8234 814 83 824 Nov. 12 824 Nov. 12, 74 June 16 8234 Nov. 12 Mahoning Coal. See L S&M So anito S IV Coloniz g 59_1934 J -D Manila RR-Sou lines 45_ _1936 M-N McK'pt&BVern. SeeNYC&IIR Mex Internat 1st cons g 45..1977 M- S Stamped guaranteed__ _1977 M- S Michigan Central. See N Y Cent Mid Term 1st g s f 5s_ __ _1925 J - D Mil L S & %Vest. See Chic & NW Mil & North. See Ch M & St P 7s_ __1927 J -D 119 104% 112 107 105 Sept. 28 11134 Mar. 13 Minn & St L 1st gold 22 Pacific Ext 1st gold 6E3_1921 A -0 - 8,055 95 103 101 102 102% 102 Nov. 3 1023% Nov. 22 102 Nov. 3 1023% Nov. 1st cons gold 5s 1934 M- N 7,000 89 80 • 86 88 8834 86 Nov. 4 884 Nov. 18 81 Sept. 1 9234 Feb. 13 1st & refund gold 49_ 1949 M- S 227,000 40 Sale 52 Sale 5334 55 52 Nov. 1 58 Nov. 5 40 Jan. 2 60 Feb. 13 DesM & FtD 1st gu g 4s_1935 J - J 55 48 65 60 Feb. 19 60 Feb. 19 Iowa Cent 1st gold 5s___1938 J -D 19,000, 85 soyi 83 874 90 83 Nov. 3 89 Nov. 23 80 Sept. 22 903.( Feb. 13 Refunding gold 48_ _.._1951 M- S 195,000 40 49% Sale 52 Sale 49 Nov. 3 54 Nov. 8 35 Jan. 12 60 Feb. 13 Minn & St L gu. SeeBCR&N M St P& SS M con gold 48 stpd payment of int gu_ _1938 J - J 140,000 89% 93% 90% Sale 92% Sale 90% Nov. 1 9334 Nov. 26 864 Sept. 15 9334 Nov. 2e M St P& S S111 & Cent Term 1st Chic Term s f 4s.. _1941 M- N 95 MSS M & Atl 1st gold 4s stpd payment of int gul926J - J 810,000 96 954 97 98 8963% Nov. 9 8963% Nov. 9 9334 Sept. 23 8963% Nov. 9 Minneap tin. See St P M & M Mississippi Cent 1st __1949 J - J 82 85 92 Mo Kan Sc Okla. See5s_- MK & T Mo Kan & Tex-lst g 4s_1990 J -D 195,000 77 79% Sale 82% 86 784 Nov. 11 83 Nov. 261 7234 June 1 83 Nov. 26 2d gold 45 June 1990 F - A 150,000 55 Sale 524 543% 360% Sale .533.4 Nov. 4 62 Nov. 29 4934 July 13 63 April 21 extension gold 5s____1944 M- N 21,000 104 6734 66 Sale 65 Nov. 18 68 Nov. 5 65 Nov. 18 89 Jan. 22 1st 8 1st & refund mtge 4s____2004 NI- S 154,000. 493% 4234 46 56 Sale 46 Nov. 3 56 Nov. 30 40 Oct. 5 563-4 April Generals f 4345 1936 J - J 44,000 70 44 49 Sale 44% Nov. 9 49 Nov. 30' 4234 Oct. 28 74 Mar. 3 St Lou Div 1st ref g 4s 2001 A -0 60 60 604 Feb. 16 604 Feb. 16 Dal & Wa 1st gu g 5s...._1940 M- N 90 90 Kan C & Pac 1st g 4s___1990 F - A 78 78 Mo K& E 1st gu g 5s___1942 A -O 10,0001 102 90 93 95 974 92 Nov. 8, 95 Nov. 12 82 Sept. 23 964 Mar. 15 Mo K & Ok 1st gu 5s___1942 M-N 91% 8731 85 854 Mar. 9 88 Feb. 5 MK&T of T 1st gu g 5s 1942 NI- S 5,000, 824 664 68 70 75 68 Nov. 3 70 Nov. 15 657-4 Oct. 30 89 Feb. 9 Sher Sher & So 1st gu g 5s'43 J -D 95% 95 1 Tex & Okla 1st gu g 5s__1943 M- S 10,000 90 68 69 Sale 6834 Nov. 26 694 Nov. 291 68 Oct. 15 694 Nov. 29 Mo Pac-1st consol g Os.. _1920 M- N 136,000, 1004 96% Sale 100% Sale 963% Nov. 1 1003,4 Nov. 26, 9234 Sept. 2 1014 Jan. 21 Trust g 5s stamp _Jan 1917 M- S 23,000, 90 91 874 Sale 87 86 Nov. 121 88 Nov. 24 784 Sept. 2 9634 Mar. 13 Registered __ Jan 1917 M- 85 80 Oct. 18 884 June 4 Certfs of deposit_- stamped_ 2,000 8534 Nov. 8 8534 Nov. 8 85% Nov. 8 8534 Nov. 8 gold 5s______1920 F - A 1 8434 88 77% 80% 973% Nov. 5 984 Nov. 5 72 Sept. 9 98% Nov. 5 1st coll %3 April 15 40-,mar gold loan _-4s_ _ _ _1945 M- S 329,000 40 42% 42 Sale 45% Sale 42 Nov. 11 46 Nov. 3 29 Sept. 2 53 of deposit____ 1,000 424 44 42 Nov. 221 42 Nov. 22 42 Nov. 22 42 Nov. 22 certificates 8 1st & ref cony 58 1959 M- S 458,000, 38% 39% 45 Sale 46 Sale 42 Nov. 10 463% Nov. 27 29 Aug. 21 49% Mar. Certificates of deposit__ __ 20,000 46% 4234 Nov. 23 43 Nov. 17 4234 Nov. 23 43 Nov. 17 Certfs of deposit stamped.. 22,000 394 44 40 Nov. 17 4234 Nov. 27 40 Nov. 17 424 Nov. 27 3d 7s ext at 4% 1938 M- N 7,000, 76 80 82 80 Nov. 9 80 Nov. 10 78 Jan. 20 80 Nov. 10 Boonv St L & S lst 5s1951 F - A Cen Bch Ity 1st gu g 48_1919 F - A 21,000 91 60 60 Nov. 24 60 Nov. 21 60 Oct. 13 85 Feb. 11 Cent Br Un Pac 1st g 45..1948 J -D Leroy&CVaIAL 1st g 5s 1926 T - J 38% 45 Pac R of M 1st ext g 4s__1938 F - A 30,000 853.1 88 8934 88 90 87 Nov. 9 90 Nov. 24 84 Sept. 22 90 Nov. 24 2d extended gold 5s__1938 J - J 6,000' 964 97 99 964 Nov. 11 9734 Nov. 24 93 Oct. 22 9734 Nov. 24 St Louis Iron Mt & South- 1 Gen con ry & ld g Os_ _1931 A -0 78,000, 984 99 994 Sale 101% Sale 99% Nov. 1 1013% Nov. 26 93 Sept. 20 1014 Jan. 23 Gen con stpd gu g 58_1931 A - 1 Unif & ref gold. 4s____1929 J - J 72,000 64 67 71 76 77 73 Nov. 8 78 Nov. 22 61 Aug. 23 78 Nov. 22 Registered 1929 J - J River & Gulf div 1st g 4s'33 M-N 179,000 67% Sale 68 Sale 723-4 Sale 68 Nov. 1 73 Nov. 261 51 Aug. 27 73 Nov. 26 VerdigrisVI&W lst g 5s1026 M- 89 774 87 Sept. 21 87 Sept. 21 Mobile & Birm. See South Ry Ohio new g 6s_ _1927 J - D 5,000 110% 1114 109% 111 111 111 Nov. 9 111 Nov. 10 105 Sept. 16 1143( Feb. 8 Mobile & 10934 22 1st extension g 6s July 1927 Q - J 2,000 100 106 107 1084 107 Nov. 10 108 Nov. 10 106 Oct. 4 114 April 4s 1938 M- S 74% 76 70 72 72 Mar. 23 75 Jan. 14 General gold 19 Montgoin Div 1st g 5s 1947 F - A 104 9934 103 100 100 June 22 10134 April 5s 1927 J - D 4,000 88 89 88 Nov. 10 8634 Nov. 16 86 Nov. 10 864 Nov. 16 St Louis Division 26 St L & Cairo gu g 4s_ 1931 J - J 10,000 87 863% 883% 863% Nov. 13 8883% Nov. 26 864 Oct. 25 .8834 Nov. Collat trust 4s. See Southern Mohawk & Mal. See N Y C & IL Monongahela Riv. See Bait & 0 Montana Cent. See St I' M & M Morgan's La&T. See So Pac Co Morris & Essex. See D L & W Washy Chatt & St L 1st Os 1928 A - 0 1,000 10334 10531 10534 1053410534 Nov. 26 105%3 Nov. 26 1023j Oct. 5 1063-4 Feb. 1 1Jasper Bch 1st gold 6s.._1923 J - J McM M %,V & AI 1st 6s_ _1917 J - J - T P Brnneh tut - 1017 .1 - T

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis 26 BONDS-STOCK EXCHANGE RECORD, [VOL. 101.

BONDS /at. Sales in Price about PRICES IN NOVEMBER. RANGE SINCE JAN. 1. Per- November Jan. 2 N V STOCK EXCHANGE iod. (par val.) 1915. Nov. 1. Nov. 30. Lowest. I Highest. Lowest. jHighest. Nash Flor & Shot. See Lou & N Bid Ask. Bid. Ask. Bid. Ask. Sale Prices. Sale Prices. Sale Prices. Sale Prices. Nat Rye Mex pr lien 4%8_1957 J - J 4,000 52% 53 523,1 Nov. 101 523,1 Nov. 11 523,1 Nov. 10 %3 Guaranteed 57 Oct. 13 general 4s__1977 A -0 1 68 Oct. 21, 68 Oct. 21 Nat of Mex pr lien g 4%s__1926 J - J 53 53 1 let consol gold 4s 1951 A -0 Aug. 20 N 11 & Derby. SeeNYNH& 30 30 Aug. 20 N J Junc'n RR. See N Y Cent Newp't & Cin B'ge. See Lou& N N 0 Mob & Chic 1st ref 5s_1960 J - J 35 37 43 43 Jan. 12 41 April 23 NO&NE prior in g 6s_Nov1915 A -0 313% New Orleans Term let 4s_ _1953 J - J 75 N Y B & Man Beach. See L Isl N Y Cent RR cony deb 6s_1935 M-N 4,053,000 109% Sale 110% Sale 1093,1 Nov. 3 112 Nov. 17 993,1 May 10 112 Nov. 17 Ref & imp 1%s A 2013 A -0 2,861,000 90 Sale 93% Sale 90 Nov. 1 94%3 101 /s3 N Y Central & Hudson River- Nov. 19 86 May 94 Nov. 19 Gold mortgage 3%s 19971.1 - J 477,000, 79 sale 80% Sale 83% Sale 80 Nov. 8 84 Registered Nov. 23 76 Aug. 24 84 Nov. 23 1997,J - J 23,000 77 81% 82 81% Nov. 29 8294 Nov. 22 Feb. 19 Nov. 22 Debenture gold 45 I9341 111-N 367,000 Sale 92% Sale 753,1 8234 83% 88 90 889%3 Nov. 3 933,1 Nov. 19 84 April 6 933,1 Nov. 19 Registered 1934151-N 87 30-year debenture 4s_ 1942J - J 91 Lake Shore coil g 3%8_1998 F - A 154,000 Sale Sale %3 76% 75% 79 74 Nov. 1 809,1 Nov. 23, 71 Oct. 1 803,1 Nov. 23 Registered 1998 11 - A 18,000 74 73% 80 75 Nov. 17 7 Nov. 241 J PM %7 83% 71 June 7 783,1 Nov. 24 & Co ctfs of dep_ 245,000 80% Sale 86 Sale 79 Nov. 4 87 Nov. 20, 77 Aug. 3 87 Nov. 20 Mich Cent coil g 3%s 1998,F - A 38,000, 07 71 74 78 79% 733,1 Nov. 8 793,1 Nov. 271 Jan. 13 Nov. Registered 683% 793,1 27 19981F - A 74% 72 76 76% 67 Aug. 30 713,1 Oct. 13 Beech Creek 1st gu 4s 19361J - J 2,006 92% 95% 96% 95% Nov. 17 9538 Nov. 23 923,1 June 10 96 June 23 Registered 1936 J - J 2d guar gold os 1936 J - J 102% 97% Registered 1936 J - J BchCr ex 1st gu g3%s Feb '51 A -0 Cart AL Ad 1st gu g 4s 1981 J - D 2,000 88% Sale 883,1 Nov. 30 883,1 Nov. 30, 883% Nov. 30 883,1 Nov. 30 Gouv ec 0 1st gu g 5s_1942 J -D 1 Moh & Mal 1st gu g 4s.._1991 M- S 1,0001 87% 87% 889 Nov. 18 s89 Nov. 18; 87 Sept. 20 s89 Nov. 18 N J June R gu 1st 4s 1986 - A 1 86 Jan. 6 86 Jan. 6 N Y & Harlem g 3%s2000 M-N 79% 79% 85 June 10 85 June 10 Registered 2000 M- N N Y & North 1st g 5s_ 1928 A -0 102% 102% 1013,1 Mar. 16 101%7 Jan. 13 NY&Put let con gu g 4s_ 1993 A -0 10,000, 81 88 883 Nov. 5 02 Nov. 261 883 Nov. 5 92 Nov. 26 Nor & Mont 1st gu g 55_1916 A -0 99 1 Pine Creek reg guar 6s 1932J - D 113 May 3,113 May 3 R Sc 0 con 1st 5s_July 1922 A -0 3,000 101% 103% 103 103% 103 102%3 Nov. 8 103%3 Nov. 15 10131 Jan. 181103% April 28 RW&OTR 1st g 5s_July 1918 M-N II 99 100% 100% Rutland 1st cons g 4s..1941 J - J 1,000 84 82% 84 80 Nov. 8 80 Nov. 8 80 Nov. 81 85 Sept. 4 Og & L Ch 1st gu g 4s_1948 J - 5,000 76 67 71 73 79 70 Nov. 12 70 Nov. 12 67 Oct. 29 70 Feb. 6 Run-Can 1st gu g 4s_ _1949 J - J 11 St Law & AOlr 1st g 3s 1996 J - J 100 100 100 Oct. 21 101 Mar. 25 2d gold 6s 1996 A - 0 Utica 93A & B1 Riv gu g 4s__1922 J - J 2,000 96% 97 963,1 Nov. 8 963,1 Nov. 8 96 Feb. 2 97 Feb. 3 Lake Sh & M S g 33/251997 J -D 19,0001 83 88 82% 8531 Sale 833,1 Nov. 9 8869-,1 Nov. 22 Registered 81 Sept. 23 886%3 Nov. 22 1997J -D 83% 81 May 25 82 Mar. 4 Debenture gold 4s 1928 M- S 197,000 90% 91% 94% Sale 394% Sale 394 Nov. 3 953,1 Nov. 14 90 Feb. 25 953,1 Nov. 15 Registered 4s 1928 .1- S 95% 91 Jan. 5 92 Jan. 20 25-year gold 4s 1931 M-N 538,000 Sale 90 90% 93% 94 94% 93% Nov. 1 943% Nov. 20 883% July 10 943,1 Nov. 20 Registered 1931 M-N 94% 91 Oct. 5 Kal A & G R 1st gu c 5s_1938 J - J 91 Oct. 5 Mahon Coal RR 1st 5s 1934 J - J 103% 103% Pitts & L E-2d g 5s_Jan1928 A -0 103 Sale 104% 104% 103 Jan. 2 103 Jan. 2 Pitts McK & Y 1st gu 6.1932 I - J 115 115 2d guar Os 1934 J - J McK & Belle V 1st g 6s_1918 J - J Michigan Central 5s 1931 hl- S 1,000 102% 103% 103 Nov. 4 103 Nov. 4 1023,1 May 10 103 Nov. 4 Registered 1931Q - M 4s 1940J - J 85 87 Jack L& S gold 3%s_1951 M- S 111-N 6,000 1st gold 3%s 1952 79% 83% 81 81 83% 833,1 Nov. 24 833,1 Nov. 24 79% Aug. 6 833,1 Nov. 24 20-year debenture 49_1929,A -0 2,000 77 83 84% 85 88% 86 Nov. 6 883,1 Nov. 26 78 April 5 Nov. 26 N Y Chic & St L 1st g 49.1937 A -0 10,000 92% 91% Sale 883,1 95% 94% Sale 91% Nov. 1 943,1 Nov. 19 88 Aug. 26 943-4 Nov. 19 Registered 1937 A -0 1 25-year debenture 4s_1931 M-N 14,000 75% 82 80 84% 80 83 82 Nov. 5 Nov. 19 West Shore 1st 4s guar 2361 65,000, 833,1 75 Sept. 23 833-4 Nov. 19 J - J 89% 91 91% 91% 90% Sale 909,1 Nov. 10 923% Nov. 26; 86 Sept. 1 923,1 April 29 Registered 2361 J - J 48,000 87% Sale 88% Sale Nov. 1 90 Nov. N Y C Lines equip 873,1 18 85% June 2 90 Nov. 18 5s 1919 M- N 101 101% 1 100 Mar. 23 100 Mar. 23 Equip tr 4%s Ser H 1918 J - J 1,000 99% 100A 1003% Nov. 26 N Y Connect 1003% Nov. 26; 1003,1 Nov. 26 1003% Nov. 26 1st gu 43s A 1953 F - A 43,000 95% 97 97 Sale 95 Nov. 4 Nov. 26 Nov. 26 N Y & Greenwood L. See Erie 8973,1 943,1 Feb. 15 s973% N Y & Har. SeeNYC&EIR N Y Lack & West. See D L &W N Y L Erie & West. See Erie N Y & Long Bch. See Cent N J N Y New Haven & Hartford- Non-cony debenture 33s '54 A -0 2,000 71 71% Sale 72 Nov. 16 72 Nov. 16 63 Jan. 11 72 Nov. 16 Non-coriv debenture 4s_1955 J - J 13,000 80 Sale 80% 80 Nov. 1 80 Nov. 5 71 Feb. 18 80 Oct. 11 Non-cony debenture 4s_1956 M-N 12,000, 80 81% 82% 813,1 Nov. 18 823,1 Nov. 27 70 Mar. 23 823% Nov. 27 Convertible deben 33s_1956 J - J 88,000; 60 7664 ( 72 Sale 71% 719,1 713/3 Nov. 26 73 Nov. 11 61% Mar. 6 73 Nov. 11 Convertible deben 6s_ 1948 J - J 175,000 103/g7 Sale ; 116% Sale 115% Sale 1159,1 Nov. 30 1173% Nov. 22 101 Feb. 23 Nov. 22 Harlem R & Pt Ches 1st 4s'54 M-N 1179,1 B & NY Air Line 1st 4s_1955 F - A 1 Cent N E 1st guar 4s 1961 J - J 5,000 74 803,,11 743,1 78% 75% 82% 74% Nov. 5 81 Nov. 22 71 Oct. 1 81 Nov. 22 Housaton RR _1937 con g 5s_ M- N 101 102% 105% 1 105 Feb. 9 1053,1 May 14 N Y Prov & Bos gen 4s_1942 A - 89% 89% N Y W'ches 186,000 & B 1st 4%s1946 J - J 67 6831 793,1 Sale 82% Sale 783,1 Nov. 10 83 Nov. 30 663% Feb. 26 83 Nov. 30 NH&Derby con coup 5s_1918 M-N 100 100% New Eng RR cons 4s 1945 J - J Providence Sec deb 45_1957 M- S 58% 60 68 55 Mar. 23 58A Feb. 6 Prov & Springf let 5s _ _1922 .1 - J . Providence Term 1st 48_1956 M- S N Y & Northern. See N Y Cent N Y Ont NV 1st g 4s June 1992 M- S 44,000 73 82 80 Sale 81% 83 79% Nov. 1 832 Nov. 24 743% Aug. 20 82% Feb. 9 Reg $5,000 only ___June 1992 M- S General 4s 1955 J -D 42,000 73% 75 78 79 75 Nov. 3 80 Nov. 9 73 Oct. 23 80 April 7 N Y & Putnam. SeeNYC& 11 N Y & Rock Beach. See Long Is N Y Susq Sc Western. See Erie Norf Sou 1st Sc ref A 5s 1961 P - A 88 83 79 83 Norfolk Sc South 1st g 5s 1941 M-N 11,000 101 102% 90 98 95 99 95 Nov. 15 96 Nov. 8 95 Nov. 15 102 Jan. 22 Norfolk Sc West gen g 6s 1931 M-N 1,000 115 116% 118% 1173,1 Nov. 5 1173,1 Nov. 5 115 Aug. 31 120 Feb. 9 Improvem't Sc ext g 6s 1934 F - A 116% 118 1163% Sept. 18 119 Feb. 10 New River 1st gold 6s 1932 A -0 115 120 115 119% 120 119 April 17 119 April 17 Nor & W Ry 1st con g 4s.1996 A -0 180,000 92 92% 93 Sale 93% Sale 6913,1 Nov. 8 943,1 Nov. 22 863,1 Aug. 23 943-4 Nov. 22 Registered 1996,A -0 1 92 Div 1st Sc gen g 4s 19441J - J 21,000; 86 90 89% 89% 89% 91 893,1 Nov. 8 92 Nov. 18 85% Aug. 9 92 Nov. 18 10-25 -year cony 4s_1932 J -D 19,000 98 102 119% Sale 1173,1 Nov. 10 1203,1 Nov. 3 987' Feb. 17 1203,1 Nov. 3 10-20-year cony 4s 1932 M- S 1 98 102 99% Jan. 15 117 Oct. 22 Convertible 4%s 1938,M- S 260,000,101% Sale 120 116 119 81163,1 Nov.10 1203,1 Nov. 4 101 Feb. 26 1203,1 Nov. 4 Poca C & C Joint 4s_ 19411.1 -D 41,000' 89% 88 89% 90% Sale 88% Nov. 5 913,1 Nov. 13 863,1 Sept. 17 913-4 Nov. 13 Col Con & T 1st gu g 5s_1922J - J 1 100% 101).1, Selo V Sc N E 1st gu g 49_1989 M- N 13,000 93 88 92 91 92 92 Nov. 16 929,1 Nov. 261 843,1 Sept. 11 923-4 Nov. 26 Northern Ohio. See L Erie Sc Wj 1 North Pacific-Prior 4s_ 1997 Q - J 902,000 89% Sale 92% Sale 93% Sale 92 Nov. 8 943,1 Nov. 22 883% Feb. 24 94%3 Nov. 22 Registered 1997 Q - J 5,000 92% 923% Nov. 19 93 Nov. 26 88% Jan. 5 93 Nov. 26 General lien gold 3s_Jan 2047 Q - F 1,128,000 623,1 62% 64% 65 66% Sale 643,1 Nov. 3 667,1 Nov. 21 62 Feb. 24 667,1 Nov. 24 Registered Jan 2047 Q - F 1 63% 64% 611 Feb. 20 653,1 Oct. 25 St Paul-Dul Div g 4s_ __1996 J - D 1,000 97 90% 90% 93 903,1 Nov. 18 903,1 Nov. 18 903,1 Nov. 18 90% May 13 Registered 1996 J - D Duluth Sh Line 1st gu 5s 1916,M- S 1003,1 , 100 Oct. 20 100 Oct. 20 C B Sc 0 coll tr 4s. See Gt Nor St P Sc No Pac gen g 65_1923 P - A 5,000 109% 110% 1097,1 110% s109%Nov. 8 s109%Nov. 81093% June 23 1113-4 Feb. 15 Registered certificates 1923 Q - F 110 1093% Oct. 25,1093-4 Oct. 25 St Paul & Duluth 1st 58_1931 F - A 104 1043,1 .102 Feb. 271102 Feb. 27

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis DEc., 1915 BONDS-STOCK EXCHANGE RECORD. 27

Int. Sales in Price about PRICES IN NOVEMBER. RANGE SINCE JAN. 1. BONDS Per- November Jan. 2 N Y STOCK EXCHANGE iod. (par val.) 1915. Nov. 1. Nov. 30. I Lowest. I Highest. 11 Lowest. Highest. Northern Pacific-(Con.) $ Bid. Ask. Bid. Ask. Bid. Ask.I Sale Prices. Sale Prices. Sale Prices. Sale Prices. St Paul & Duluth 2d 59_1917 A -0 100 1007% 102 1017% 102 1N4 lain.ne 91 10 Aug. 27 1st consol gold 4s_ __ _196s J -D 1,000 90 90 90 Nov. 23 90 Nov. 23 Wash Cent Ry 1st g 4s_1948 Q - M 7,000 88 914 88 Nov. 19 91% Nov. 24 88 Nov. 19 U%N ionNv%. .41 Nor P Ter Co 1st g 6s_1933 J - J 5,000 110 112 1107% 111 1107% 111 Nov. 16 111 Nov. 16 110 Aug. 4 113 June 2 North Wlscon. See C St PM&O Nor & Mont. See N I" Central gd &L Champ. See Rutland Ohio nd & W. See CCC&StL Oregon oe Cal. See Sou Pac Co Ore RR Sc Nay. See Union Pac Oregon-Wash 1st & ref 4s_1961 J - J 77,000 82 84 843-fl 857% 877% 854 Nov. 3 90 Nov. 22 797% July 14 90 Nov. 22 Oswego & Rome. See N Y Cent pacific Coast Co 1st g 5s_1946 J -D 19,000 987% 944 937% Sale 933--fl Nov. 30 95 Nov. 24 933-fl Nov. 30 984 Jan. 15 A acific of Missouri. See 'Mo Pac Penn RR 1st 4s real est g1923 M-N 2,000, 964 987% 98 Nov. 19 98 Nov. 19 96 May 14 98 June 9 Consol gold 5s 1919 M- S I 101 1024 103 102 May 29 1037% Sept. 3 Consol gold 4s 1943 M-N 10,000 98.6 974 98 993-fl 98 Nov. 23 98 Nov. 23 95 Sept. 17 984 Jan. 29 10-year convert 33-fls___1915 J -D997% Sale 99%3 Jan. 2 1007-fl June 7 Registered 1915 J -D 997% April 17 loo;f, July 13 Consol gold 4s 1948 M-N 51,000 963.6 98 987% Sale 094 100 984 Nov. 26,100% Nov. 17 967% Sept. 17,100% Nov. 17 Consol 44s 1960 F - A 1,573,000j 104 Sale 1054 Sale 1033--fl Nov. 311064 Nov. 1910131 Aug. 301064 Nov. 19 Gen 4%s 1965 J -D 3,543,000, 98 3 Sale 100%7 Sale 989/i Nov. 111017% Nov. 20 97 May 22 1013-fl Nov. 20 Alleg Val gen gu g 4s___1942 M- S 1,000, 923-fl 947% 964 977% 96 Nov. 17 96 Nov. 17; 933-fl April 13 96 Nov. 17 ; Del RivRRE3dg 1st gu g 4s '36 F - A 1 Phila Bait & W 1st g 4s_1943 M- N 9,000, 97 954 994 99 Nov. 24 994 Nov. 27, 964 Sept. 16 994 Nov. 27 Sod Bay & So 1st g 5s_1924 J - J I Sunbury & Lewis 1st g 4s1936 I - J 1 UNJRII,& Can Co gen 4s1944 M- S 8,000' 94 994 99% 5994 Nov. 915100 Nov. 24' 98% Feb. 19 8100 Nov. 24 Pennsylvania Co-gu 4%3.1921 J - J 48,000I 100% 1014 1017% 101% 8101 Nov. 5101% Nov. 24 99% June 7 102 Jan. 29 Registered 1921 T J ; 99 997% 1007% 994 May 24 100H' Mar. 26 Gu 3%s coil tr reg ctfs__1937 M- S 5,000, 85 85 854 85 85% Nov. 5 85% Nov. 5' 85% Nov. 5 85% Nov. 5 Gu 33-s coil tr ctfs B___1941 F - A 85 84 June 4 86 July 21 Trust Co ctfs gu g 3%8_1916 M- N 1 977% 99% 100 994 , 99 April 26 9931 Oct. 21 Gu g 34s tr ctfs Ser C__1942 J - D 1 83 88 85 ! 83 Feb. 8 83 Feb. 8 Gu g 34s tr ctfs Ser D_1944 J - D 85 8384 85 1 81 Aug. 2 81 Aug. 2 4s_1931 A -0 27,000' • 92% 93 94% 94 94% Nov. 18 94% Nov. 26 897% Aug. 18 Guar gold 15-25-year 1 94% Feb. 1 Cin L&N 1st con gu g 4s_1942 M- N I 89 894 92% Cley & Mar 1st gu 4%8_1935 M-N 1 963-fl 973-fl 974 Aug. 16 974 Aug. 16 Clev & Pitts gu g 4%s A_ 1942 J - J 984 1014 1037% Series B 445 1942 A - 0 1 984 101% 102 1037% Int reduced to 3%%_1942 A -0 1 847% 844 Series C 345 1948 M- N ; 80 844 844 Series D 3 ,..s 1950 F - A ! 84 844 834 June 16 834 June 16 J 82 1 Erie & P gen gu g 3%s B.1940 J - 1 844 Series C 1940J - J 82 864 86 897% Gr R&I ex 1st gu g 4%8_1941 J - J 15,000 100 954 964 86 894 964 Nov. 4 973-fl Nov. 11!1 95 July 8 100 Feb. 1 Ohio Connect 1st gu 4s_ _1943 M- S 977% 99 , Pitts Y & Ash 1st con 5s_1927 M- N 1023% To1WV&O 1st gu 44s A.1931 J - J 96 987% 983% 964 Aug. 26 98-4- Oct. 26 Series B 445 1933J - J 96 97 99 ; 984 June 10 984 June 10 Series C 4s 1942 M- S 86 PCC&StL gu g 44sSerA1940 A -0 2,000 100 101 1013% 102 s1003--flNov. 4 s100%Nov. 4 98 July 29 1014 Feb. 5 Series B guar 1942 A -0 6,000 100 101 101 %3 1004 Nov. 9 101% Nov. 29, 977% July 201017% Nov. 29 Series C guar 1942 M- N 907% 100 1004 974 July 13 1014 Feb. 5 Series 13 4s guar • 1945 M- N 927% 91 927% Sept. 4 9331 May 22 Series E 39/2s guar g__1949 F - A 903/2 903-fl I 90 Mar. 12 917% May 19 Series F cons 4s gu g_ _1953 J -13 ; Series G cons 45 guar_ 1957 M- N 1 92% Aug. 9 934 May 21 Ch St L Sc P cons g 5s_ _ _1932 A -0 1,000 104 104 Nov. 22 104 Nov. 22 101 Nov. 22 104 Nov. 22 Pensacola Sc Atl. See Lou&Nash Peor & East. SeeCCCS,r St L 1 Peor & Pek Union 1st g 6s_1921 Q - F 2,000 1017% 101 104 102 Nov. 10 102 Nov. 10 1017% May 1102 Nov. 10 Second gold 434s_ _ _Feb 1921 M-N 89 89 Pere Marquette-Ref 4s__1955 J - J 20 20 107/2 Refunding guar 4s 1955 J - J 9 11 June 26 114 June 26 Chic Sc West Mich 5s_ _ _1921 J - D _ 55 72 724 72 Aug. 18 72 Aug. 18 Flint Sc Pere Marq g 6s_1920 A -0 5,000 86 99 100% 100% Nov. 18 1004, Nov. 18 90 Mar. 810031 Nov. 18 First consol gold 5s__ _1939 M-N 1,000 723-fl 724 73 Nov. 19 73 Nov. 19 657% Mar. 2' 73 Nov. 19 Pt Huron Div 1st g 5s_1939 A - 0 60 70 63 , Mar. 23 63 July 23 Sag Tu Sc Hu 1st gu g 4s_1931 F - A Philipvine fly 1st 30-vr s f 4s '37 J - J 60 40 55 65 Pine (,reek. See N lr Central Pitts C C Sc St L. See Penn Co Pittsb Clev Sc Tol. See Bait Sc 0 Pitts Junction. See Bait Sc Ohio Pitts Sc Lake E. See N Y Cent Y. See N Y Cent Pitts McK Sc 1,0001 Pittsb Shen & LE 1st g 5s_1940 A -0 1054 106 104 1053/2 Nov. 161057% Nov. 16 1057% Nov. 16 1057% Nov. 16 First consol gold 5s 1943 J - J Pittsb Sc West. See Halt Sc Ohio Pitts Y Sc Ashtab. See Penn Co ead 1 ng Co gen gold 4s__1997 J - J 483,000 933-fl Sale 949.4 Sale 5947-fl Sale 94 Nov. 9 954 Nov. 23 91 July 3 954 Nov. 23 D 3,000, ‘a Registered 1097'J - J 94 94 94 Nov. 24 94 Nov. 24 90 July 16 94 Oct. 28 Jersey Central coil g 4s_ _1951 A -0 5,000 90 92 943-fl 95 95 947-fl Nov. 11 95 Nov. 22 903-fl Sept. 8 95 Nov. 22 Atl City 1st con gu g 4s.1951 J - J 854 Qag Tusc Sc H. See Pere Marq .at Jos Sc Cr Isl 1st g 4s__ _1947 J - J 77 59 55 61 1 607% July 29 63 April 29 St Law Sc Adir. See N Y Cent St L Sc Cairo. See Mobile Sc Ohio 1 St L Iron Mt & So. See Mo Pac 1 StLMI3r. SceTerRRAssn ofStL 1 St L & San Fr-Gen g 6s_ _1931 J - J 5,000 107 1093%'10731 108% 1084, 110 1077% Nov. 3 108 Nov. 16 10.5% June 1 108% Mar. 22 General gold 5s 1031 1 - J 11,000 9731 102 1007% Sale 103 Sale 100% Nov. 1 103 Nov. 18 98% Sept. 10 103 Nov. 18 St L & S F RR cons g 4s_1996 J - J 60 70 79 1 General 15-20-year 5s_1927 M-N 1654,82,:000000000!i 3322 40 I 524 56 60 55 Nov. 121 57 Nov. 10' 35 Jan. 91 57 Nov. 10 Trust Co ctfs of deposit_ A -0 I 527% 54 554 519% Nov. 3: 564 Nov. 8; 327% Mar. 10, 564 Nov. 3 do stamped 39 1 49% 53% Sale 53 Nov. 91555 Nov. 51 327% Mar. 51555 Nov. 9 South West Div g 5s__1947 A -0 1,001 90 Nov. 10' 90 Nov. 10 90 Nov. 10 90 Nov. 10 Refunding gold 4s____1951 J - J 54,000 634 72 Sale 7(3:' 72 Nov. 1 573 Nov. 2611 634 Jan. 9i s73 Nov. 26 Registered 1951 J - J Trust Co ctfs of deposit 3,000 714 72 Nov. 9 72 Nov. 9' 604 July 151 72 Nov. 9 do stamped ..__ „.__:, 267,0_00 6622 7 69 69% 65% Nov. 3 70 Nov. 26 597% Sept. 14 70 Nov. 26 K C Ft S Sc M con g 6s_1928 m-N 0,000 107 Sale 1gm 1.09Y‘ 1087-fl 1113-fl 1074 Nov. 9 109 Nov. 16:1043% Oct. 18 110 Feb. 20 K C Ft S Sc M fly ref g 4s1936 A -0 357,000 68 693-i 744 Sale 80 Sale 74 Nov. 3 803-fl Nov. 20' 664 Sept. 3 807% Nov. 20 KC&M R&B 1st gu g 5s_ 1929 A -0 95 913-fl St Louis South. See Ill Central 1 St Louis Southw-lst g 4s_1989 M- N 253,000 75 7831 764 Sale 80 807% 76 Nov. 3 81 Nov. 23' 6731 Sept. 17 81 Nov. 23 2d g 4s inc bd ctfs__Nov 1889 J - J 10,000 70 55 s6566 Sale 58 Nov. 4 365 Nov. 30 52 Sept. 21 s65 Nov. 30 Consol gold 4s 1932 J -D 48,000 60 62 61% Sale 8 613-fl Nov. 1 68 Nov. 26, 517% Aug. 27 63 Nov.126 Grays Pt Ter 1st gu g 5s_1947 J -D 100 100 ! Pac St Paul Sr Duluth. See No 1 St P Min Sc Man. See Gt North St Paul Sc Nor Pac. See No Pac StP&SiouxC. See C StP M Sc 0 S A Sc A P 1st guar g 4s___1943 J - J 101,000 80 73 Sale 72 Sale 72 Nov. 26 744 Nov. 5 65 July 30 80 Jan. 25 S F Sc N P 1st s f g 55 1919 J - J 11,000 1014 Sale 101 10131 101 Nov. 27 1017% Nov. 1 994 Mar. 25 1017% Oct.221 Scioto Val Sc N E. See Nor Sc W Seaboard Air Line g 4s_ __1950 A -0 15,000 75-7% 793-fl 783-fl 833-fl 87 583 Nov. 5 85 Nov. 9 583 Nov. 5 65 Nov. F9 Stamped 1950 A -0 31,000 754 80 80 804 84 84% 834 Nov. 8 844 Nov. 27 78 Jan. 14 844 Nov. 27 Adjustment 5s Oct 1949 F - A 412,000 64 Sale 714 Sale 70 Sale 694 Nov. 10 72% Nov. 3 594 Feb. 23 72% Nov. k,3 Refunding 4s 1959 A -0 200,000 723--fl 673-fl Sale 74 Sale 673-fl Nov. 1 744 Nov. 24 66 Feb. 3 743-fl Nov. 24 Atl-Bir 30-yr 1st g 4s_May'33 M- S 25,000 82 853% 893-fl 84 Nov. 10 90 Nov. 23 SI Jae. 8 90 Nov. 23 Caro Cent 1st cons g 4s_ _1949 J - J 82% 847% 84% s44 Feb. 15 853% Mar. 1 Fla Cent Sc Pen 1st g 5s_1918 J - .11 997-fl 100 994 Sept. 8 1003-fl June 28 lst land grant ext g 5s_1930 .1 - J 100 101 Consol gold 5s1943 J - J 100 101 1014 1007% April 13 101 Mar. 22 Ga Sc Ala 1st cons 5s Oct 1945 J - Ji 10041029-fl1004 Jan. 8 1027% Mar. 5 Ga Car Sc Nor 1st gu g 55 1929J - J1 51,000, 100% ; 102 Nov. 18 1023 No.No 24;1004 Jan. 19 102.4 Nov. 24 11 901.4 Alm. 2R 101 14 1‘,1,r. 3 8,,at) .4 Roanoke 1st Ss 102,3 .1 - .11 ..' 100 , X1 _ _ _ . - 9884 103 10903 %

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis 28 BONDS-STOCK EXCHANGE RECORD. [VOL. lOL

let. Sales in I Price about PRICES IN NOVEMBER. RANGE SINCE JAN. 1. BONDS Per- November Jan. 2 N Y STOCK EXCHANGE iod. (par mi.) 1915. 1 Nov. 1. I Nov. 30. Lowest. I Highest. Lowest. Hijhest. ' Sher Stir & So-See .NIo K & T $ I Bid. Ask. Bid. Ask. Bid. Ask. Sale Prices. Sale Prices. Sale Prices. Sale Prices. 811 Sp 0 & G-See Atl Coast L Sou Caro & Ga-See Southern Southern Pacific Co- 48 g Cent Pac coll__Aug 1949,J - D 92,000 83% Sale 85% 87 87% 85% Nov. 4 87% Nov. 22 79%3 Aug. 26 873% Nov. 22 Convertible 4s __June 1929M- S 2,627,000 803% Sale 87 Sale 893% Sale 87 Nov. 1 90/3 Nov. 27 793% Sept. 11 905% Nov. 27 Convertible 55 1934 J -D 2,171,000 963% Sale 1063% Sale 1073% Sale 106 Nov. 3 108 Nov. 5 953% Feb. 23 108 Nov. 5 Cent Pac 1st ref gu g 48_1949 F - A 820,000; 863% Sale 8873% Sale 903/è Sale 8873% Nov. 1 913% Nov. 22 83% Aug. 30 913% Nov. 22 Registered 1049 F - A 1 8634 Mar. 20 8634 Mar. 20 33%s___Aug Mtg gu g 1929 J -D 83,000, 87 873% 890 Sale 88% Nov. 6 90 Nov. 24 843% Sept. 13 90 Nov. 24 Through St L let gu g 48'54 A -0 53,000 84 83% 86 863% 3,00011023% 88% 853% Nov. 15 88 Nov. 26 8234 Sept. 21 88 Nov. 26 Gal H 4: San Ant 1st 5s_1931 M-N 1023% 104 Sale 104 Nov. 30 104 Nov. 30 100 Sept. 13 104 Nov. 30 Gila V G & N 1st gu g 5s 1924 M- N 1 1003% 1 H E & W T 1st g 5s____1933 M-N 2,000, 100 993% 1003% 100 102 1003% Nov. 19 1003% Nov. 19 100 July 12 103 Jan. 29 1st gu g 5s redeem_ ___1933 M-N 3,000, 98 983/ 1003% 101 1003% Nov. 8 101 int gu_1937 1013% Nov. 19 993% June 18 101 Nov. 19 H&TexC 1st g 5s J - J 3,000, 1023% 104 106 1063% 106 Nov. 16 106 Nov. 16, 102%5 Sept. 10 107 April 20 Gen gold 4s, int guar_1921 A -0 I 95 93% 93 as inn. 111. Jan. 28 Waco & N W 1st g 6s_1930 M-N 1,000 115 ()34 1093% 111 1093% Nov. 10 1093% Nov. 10 1033-4 Nov. 10 10934 Nov. 10 A & N W 1st gu g 5s____1941 J - J 2,000 100 102 1033% Sale 100 8103 Nov. 24 1033% Nov. 11 100 Mar. 61 103% Nov. 1 Louisiana West 1st 6s__1921 J - J 108 I 78_1918 Morgan's La & T 1st A -0 110360 1045% July 91 104% July 9 First gold Os 1920 J - J 1033% 106 1043% Nor of Cal gu gold 5s___1938 A -0 1053% 105 105 Oct. 29 105 Oct. 29 Ore & Cal 1st gu g 5s_1927 J - J 11,000 101 1003% 102 Sale s1013%Nov. 16 102 Nov.30 993% Feb. 24 102 Nov. 30 So Pac of Cal 1st cons 5s 1937 M- N 106 106 S P Coast 1st gu g 4s___1937 J - J , 86 91 91 91 882 1 San Fran Term 1st 4s___1950 A -0 390,000, 80 82 Sale 853% Sale 3813% Nov. 9 863% Nov. 23 773% Feb. 24 803% Nov. 23 Tex & N 0 cons g 5s1943 J - J 1 97 So Pac RR 1st ref gu 48_1955 J - J 925,000, 83 85 873% Sale 903% Sale 87% Nov. 1 90/7 Nov. 23 83% Mar. '3 90%7 Nov. 23 Southern-1st cons g 5s__1994 J - J 466,000, 983% Sale 101/7 Sale 1033% Sale s1013%Nov. 9 1033% Nov. 18 961-4 Sept. 18 103%5 Nov. 18 Devel & gen 4s, Ser A__1956 A -0 878,000 643% Salo 703% Sale 713% Sale 869% Nov. 3 723/2 Nov. 26 583% July 23 7234 Nov. 26 Mob & 0 coll tr g 4s____1938 M- S 68 Oct. 11 76 Feb. 13 1 73 79 1 Mem Div 1st g 4-58_1996 J - J 6,000, ,121" 100% 17)73;1 Sale%1033%7i Nov. 301033% Nov. 29 8983j Oct. 6 10334 Nov. 29 St L Div 1st g 4s 1951 J - J 43,000 84%1 823/3 833% 843% 85 833% Nov. 5 853% Nov. 22 803% Mar. 23 8534 Nov. 22 Ala Cent RR 1st g 6s___1918 J - J 102 1003% 1003% Ala Gt Sou 1st cons A 58 1943 J - D 99 98 98 Oct. 21 99 Oct. 21 Atl & Char AL 1st A 43%s '44 J - 3 6,000 933% 953% Nov. 19 9634 Nov. 26 93 July 21 9634 Nov. 26 Atl St Danv 1st g 4s____1948 J - J 83 82 381Y1 gg" April 23 Jan. 12 833-4 8534 Second 4s 1948J - J 743% 743% 753-4 Aug. 25 7534 Aug. 25 Atlan & Yad 1st gu g 4s_1949 A -0 723/2 82 80 81 4 Col & Greenv 1st g 63_1916 J - J E T Va & Ga div g 5s__1930J - J 1013% 103 1033% 103 102% May 241023% May 7 Cons 1st gold 5s 1956 M- N 9,000 1033% 1043% 105 105 Nov. 5 105 Nov. 5 1003% Sept. 18 105 Nov. 5 E Ten reorg lien g 5s___1938 M- S 3,000, 99% Nov. 9 100 Nov. 16 97%7 Oct. 18 100 Nov. 16 Georgia Midland 1st 3s_1946 A -0 1,000 98 9690% 9609 63 60 Nov. 17 60 Nov. 171 60 Nov. 17i 60 Nov. 17 Ga Pac Ry 1st g Os 1922 J - .I 106 1063% 105 Sept. 28 107 June 8 Knox & Ohio 1st g 6s_1925 J - J Mob & Birm pr lien g 5s_1945 J - J July 19 10534 July 19 Mortgage gold 4s_ _1945 J - J 67 i053/2 R & Dan v Deb 5s stpd 1027 A -0 102 May 211023% Mar. 25 Rich & Meck 1st g 4s___1948 M- N 1 So Car & Ga lst g 5s____1919 M-N 5,000 1003% 102 8 100100%34 103 Sale 1003% Nov. 9 103 Nov. 30 100 Jan. 25 103-- -Nov. 30 Va Mid-Series C, 6s___1916 M- S 1003% 10034 Mar. 2 Series E, 5s _1926 10034 Mar. 2 M - S I 1013% 1013% 101 Oct. 7 101 Oct. 7 Series F, 5s 1931 M- S 1102 102 Virginia Mid, gen 5s__1936 M -N 11023% 1023% 102 Jan. 26 10334 April 26 Va & S W 1st gu 5s____2003 J - J 2,000 98 100%1102% Sale 1023% 102% Nov. 1 102% Nov. 26 100 Mar. 5 10234 Nov. 26 First cons 50-year 5s1958_ A -0 85 90 853% 863% 81 Sept. 29 84% Oct. 6 W 0 & W 1st cy gu 4s__1924 F -A 1,000, 90 91 Nov. 5 91 Nov. 5 91 Nov. 5 91 Nov. 5 Spokane Internat 1st g 55_1955J - J 1,000 I 85 883% 90 93 89 Nov. 6 89 Nov. 6 88 Oct. 22 89 Nov. 6 Filer Assn of St L 1st g 4%s 1939 A -0 13,000 96 96 97 973/2 993% 9734 Nov. 9 98 Nov. 18 93% Sept. 30 9934 Mar. 27 A First cons g 55 1894-1944 F - A 4,000, 1003% 102 1013% 1023% 103 104 1023% Nov. 3 103 Nov. 11 10034 Oct. 5 103 Nov. 11 Gen ref s f gold 4s 1953 .1 - J 8,000, 82 87 83 Sale 86 863% 83 Nov. 1 86 Nov. 17 79% Oct. 5 86 Nov. 17 St L M Br Ter gu g 58_1930 A - 0 1,000, 100 102 99 99 Nov. 15i 99 Nov. 15 898%7 Oct. 11 100 Mar. 11 Texas dr Pacific 1st g 55._2000J -D 43,000, 943% 96 94 96 98 Sale 95 Nov. 3 983% Nov. 26 91% Oct. 8 985% Nov. 26 Second g Income 5s____2,000 Mch 4,000 40 30 31 303% 35 34 Nov. 6 35 Nov. 13 29 May 20 36% May 4 La Div B L 1st g 5s____1931 J - J 15,000 893% 90 92 893% Nov. 19 90 Nov. 22 893/2 Nov. 19 90 Nov. 22 W M W & N W 1st gu 5s 1930 F - A •., 1 95 95 I 4; Ohio Cent-lst g 5s_1935 J - J 2,000 101% 102 103 101 Nov. 10 101% Nov. 3 Western 99%, June 29 103 Feb. 9 Div 1st g 53_193.5 A -0 28,000i 98 101 s102%Sale 101 Nov. 8 103 Nov. 30 100 Oct. 29 103 Nov. 30 vie sera! gold Os 1935 J -D 98% 100 1 sia 1 SC M 1st gu g 4s____1990 A -0 1 833% 83% 86 86 Mar. 5 8634 Feb. 15 Second 20-year 5s____1927 J - J 17,000, 933/2 95 91 95 983% Sale 93 Nov. 3 983% Nov. 30 92 July 27 98 8 Nov. 30 Tel Poor & W 1st gold 4s__1917 J - J 4,000 78 63 64 63 L 63 Nov. 3 65 Nov. 16 62% June 8 68 Jan. 15 Tel Jt & W-Pr 1 g 3%s_1925,J - J 15,000, 743% 78 80 863% Sale 82 Nov. 15 87 Nov. 20 Aug. 11 Nov. 20 el, fty-year gold 4s 723% 87 19501 A -0 37,000, 403% 46 56 57 53 Nov. 20 5534 Nov. 29 423-4 Jan. 16 555% Nov. 29 Coll trust 4s g Ser A____1917 F - A l 39 o'er H & B 1st g 4s. _July 1946,J -D 3,000, 86 87% Nov. 3 87% Nov. 3 8234 Mar. 19 873% Nov. 3 lster & Del 1st con g 5s_1928 J -D 102 100 10911 10823 98 May 24 101 Jan. 13 O First refund g 4s_ _ __1952'A -0 74 Mar. 25 74 Mar. 25 Union Pac RR & Id gr g 48_1947 J - J 488,000 95 Sale 953% Sale 97 Sale 953% Nov. 1 98 Nov. 2131 9234 Aug. 23 98 Nov. 26 Registered 19471 - J 94 953% 97 s92 Oct. 4 953% May 24 20-year cony 4s 1927 J - Ji 541,000 883% Sale 923% 9334 9334 933/2 92% Nov. 3 91 Nov. 22' 88 .July 7 94 Nov. 22 First & refund 4s__June 2008 M- S 376,000 88 89 87%3 Sale 903% Sale 873% Nov. 1 913% Nov. 21 8434 Sept. 16 9234 May 4 Ore RR & Nay con g 4s_1946 J -D 111,000 903% Sale 923%Sale3% 92 vi Sale Nov. 22 87 Sept. 10 9334 Nov. 22 Ore Sh Line 1st g 6s 1922 17 - A 19,000 1073% 1103% 108 108% 108% 104A l&Nov.i oovv.. 1 1083% Nov. 24 10734 Jan. 18 10934 April 30 First consol gold 58_1946 J - J 4,000 103 105 103 1051 1013% Nov. 12 106 Nov. 22 10034 Oct. 6 106 May 20 Guar refund gold 43_1929J - D 332,000 873% 89 91 Sale 9278 Sale 91 Nov. 1 9434 Nov. 19 873% June 28 9434 Nov. 19 Utah & Nor gold 5s ____1926;J - J 2,000 100 99 0993 1003 Nov. 12 1023% I 1902331 10003% 102 Nov. 16 102 Sept. 23 10:134 June 23 1st extended 4s 1933 J - J 935% Oct. 26 93%3 Oct. 26 Vandalla consol g 4s 1955 F - A 1 87 873/2 Consol 4s, Series B__19571M- N 1 87 873% 86 Sept. 30, 86 Sept. 30 Vera Cruz & P 1st gu g 4%319341J - .1 I 97 883% 883% 4234 Aug. 201 423% Aug. 20 Virginian 1st 5s series A__1962 M-N 135,000 953% Sale 96 Sale 898 Sale 95%3 Nov. 1 98%3 Nov. 29 92 Sept. 3 993-4 Jan. 30 Wabash 1st gold Os 1939;M-N 157,000 97 973% 103 Sale 103 1013% 1023% Nov. 1 101%5 Nov. 26 97 Jan. 8 101% Nov. 26 Second gold 55 1939IF - A 282,000 87 893% 963/2 Sale 98 Sale 96 Nov. 1 100 Nov. 26 88 Jan. 16 100 Nov. 26 Debenture Series B 6s_ _1939 J - J 1 1st lien equip s f g Os 1921 M- S 1,000 88 90 93% 93% Nov. 29 933/2 Nov. 29 89% Mar. 1 9334 Nov. 29 151 lien 50-yr g term 48_1954 J - J 65 65 68 65 Aug. 161 65 Aug. 16 1st refund & ext gold 4s 19.5611 - J 34 Sale 12 Sept. 10, 34 Jan. 2 Equit Tr ctfs full paid 861,000 1083% Sale 1033% Sale 1023% Nov. 6 109 Nov. 1 93 Oct. 21 109 Nov. 1 Do part paid 470,000, 1 483% Sale 44 45 4034 Nov. 10 50 Nov. 1 32 Oct. 211 50 Nov. 1 Equit Tr stamped ctfs full pd 236,000, 1 106 Sale 102 Salo 99 Nov. 9 10734 Nov. 1 91 Oct. 22 10734 Nov. 1 Do do part paid_ 90,000 47 Sale 42 43 413% Nov. 23 48% Nov. 1 313/2 Oct. 19 Nov. Del 4834 1 dr Ch Ex 1st g 5s_ __1941 J - J 2,000 101 1013% 101 Nov. .5 101 Nov. 5 99 April 1 101 Nov. 5 Des Moines Div 1st g 18_1939 J - J 74 1

Omaha Div 1st g 3348_1941 A -0 1 61 70 74 77 1 55 April 26 603% Feb. 1° Tol & Chic Div 1st g 4s_1941 M- S 65 TO 6634 I 66 Feb. 24 72% Feb. 16 Wabash-Pitts Ter 1st g 4s_1954,J -D 115,000, 8 23% Sale 4 6 234 Nov. 1 6 Nov. 10 1 Aug. 30 83 Jan. 21 Cent Tr & Old Col Tr ctfs_ 1,818,000, 7 Sale 234 Sale 3 Sale 23/2 Nov. 1 5% Nov. 8 % Aug. 27 934 April 30 Columbia Trust Cents 80,000 2% Sale 3y 2% Nov. 1 5 Nov. 17, 3 Aug. 6 8 May 1 Col Tr Ctfs for Cent Tr Ctfs 163,000 2% Sale 134 2 2 Nov. 29 43/2 Nov. 10, 3 8 Aug. 27 8 Mar. 31 Second gold 48 1954'J -D 107,090 A V4 's1 Nov. 10 134 Nov. 15' % June 28 1% June 14 Trust Co ctfs of deposit_ 1 1,077,000, 8 Nov. 5 1% Nov. 15 34, July 23 134 Nov. 15 Wash Term 1st gu 3%s___1945 P - A 8,090 0821 82/11 823% Nov. 9 85 Nov. 30 80%3 June 16 85 Nov. 30 I 1st guar 40 year 4s _ ____1945 F - A 1 90 3-4 F;9 2711: 1 913-4 Aug. 14 913-4 Aug. 14 West Maryland 1st g 48_1952 A -0 173,000 54 Sale 713% Sale 5q 6 713% Nov. 1 76 Nov. 29 54 Jan. 2 76 Nov. 29 West N Y & Pa 1st g 5s___1937 J - J 7,000; 101% 102% Sale 103% 105 102% Nov. 1 10334 Nov. 27i 10047 May 20 1033.4 Nov. 27 General gold 4s 1943,A -0 6,000, 773% 80 763% 80 82% 78 Nov. 5 80 Nov. 271 7434 Sept. 10 80 Nov. 27 Wheel & L Erie--Ist g 5s__1926 A - 0 10,000, 100 96 101 Sale 101 Nov. 30 101 Nov. 30 96 Oct. 25,101 Nov. 30 Wheeling Div 1st g 88_1928 .1 - J I 90 95% 92% 95 Eaten & imp gold 5s_ _1930 F - A 1,000, 85 003/2 96% 96%3 Nov. 26 963% Nov. 26 92 April 201 96%3 Nov. 26 Wh & L E RR 1st con g 48..1949 M- S 67,009 65 66 67 72 74 69% Nov. 13 73 Nov. 231 49 July 1 73 Nov. 23 20-yr equip s f g 5s 1922 J - J I Winston-Salem S B 1st 41960J - J 5,000, 8234 88 Sale 88 Nov. 30 89 Nov. 19 82 Oct. 11 89 Nov. 19 Wlscon Cent 1st gen g 49_1949 J - J 84,000 8334 85 85 Sale 88 883% 85 Nov. 1 873-4 Nov. 26 81 July 29 877% Nov. 26 Sup & Duldiv & ter 1st 45_1936,M- N 74,000 84 833% 87 8934 893% 87 Nov. 9 893% Nov. 23 823-4 Oct. 201 893% Nov. 23 i

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis DEC., 1915.1 BONDS-STOCK EXCHANGE RECORD 29

1 let. Sales in 1 Price about PRICES IN NOVEMBER. 1 RANGE SINCE JAN. 1. BONDS i Per- November, Jan. 2 N Y STOCK EXCHANGE' iod. (par val.), 1915. Nor. 1. Nov. 30.Lowest. Highest. Lowest. I Highest. ' i Bid. Ask. Bid. Ask. Bid. Ask. Sale Prices. I Sale Prices. Sale Prices. Sale Prscss. Street Railway Bonds Brooklyn Rap Trans g 5s__1945 A -0 27,000 100 101% 1023( 102% 103 Sale 10231 Nov. 20 103 Nov. 30 10034 Sept. 28 103% May 3 1st refund cony g 4s____2002 J - J 11,000 85% 86 79 82 80% 81 793% Nov. 11' 81 Nov. 22 7934 June 17 853% Jan. 12 6-year secured notes 5s_1918 J - J 650,000 98% Sale 100% Sale 100% Sale 100% Nov. 1100% Nov. 19 983% Jan. 2 101 Sept. 24 Bklyn City 1st con 55 'l6-'41'J - J 9934 100% 101% 102 10051 Jan. 7,102 Sept. 11 Bklyn Co & S gu g 5s 16- 41 M-N ' 90 95 1 Bkiyn Q Co & S 1st 5s__1941IJ - J I 96 • Bklyn tin El 1st g 4-5s...1950 F - A 71,000 99 100 100 Sale 100% 101 9931 Nov. 4 101 Nov. 24' 983% Sept. 28 10114 Feb. 17 Stamped guaranteed_1950,F - A 5,000 99% 100 100 Nov. 41013% Nov. 23 98 Sept. 23 10131 Nov. 23 Kings Co El 1st g 4s_ 1949,F___ - A 13,000 8131 80 81% 82% 83% 80 Nov. 3 82% Nov. 26 79 Sept. 1 835% April 23 Stamped guaranteed_1949 F - A 2,000, 8131 80 843% 82% ' 80% Nov. 16 82 Nov. 17, 79 Sept. 2 8234 Jan. 27 Nassau Elec guar gold 4s 1951.13 - J 32,000 72 78% 76 Sale 741 75%3 75 Nov. 18 76 Nov. 1 73 May 27 78 Jan. 29 Chicago Rys-lst 5s 1927 F - A 95,000 95% 95 95% 96% Sale 953% Nov. 3 96% Nov. 30 9234 July 29 9734 Jan. 28 Conn Ry & Lt-lst g 4%3_19511J - J 92 95% 97 1 Stamped guar 434s 1951J J 92 yi, 94% 96% 1 Det United 1st cons g 4%8_1932 J - J 139,000 65% 66 74 743% 7734 Sale 71 Nov. 3 773j Nov. 29 65% Jan. 4 79 Mar. 22 Ft Smith Lt & Tr 1st g 5s_1936 M- S 85 Grand Rap Ry 1st gold 5s_1910'J -D 993% 100 100 Havana Eiec Ry cons g 59_1952 F - A 91 90 87 Hudson & Manhat ser A 5s 1957,P -A 847,000 74 76 74 75 76% Sale 74% Nov. 3 78% Nov. 24 70 July 30 79% Jan. 22 Adjust income 5s 19571 3,031,000 26% 26% 283% Sale 31 Sale 283% Nov. 1 333% Nov. 24 24% July 301 33% Nov. 24 N Y & Jersey 1st 5s____1932 F - A I 101 100 Inter-Metrop coil 4%s____1956 A -0 969,000 74 Sale 763% Sale 77 Sale 75% Nov. 1 78 Nov. 5 7311 Jan. 61 79% Anr11 29 Interboro 11 T 1st Sr ref 59_1966 J - J 780,000 97 Sale 97% Sale 99 Sale 97 Nov. 3 99 Nov. 30 963% Sept. 1 99 Nov. 30 Manhat Ry (N Y)con g 45 1990 A -0 114,000 89% 88% 90 92 92% 89 Nov. 6 9234 Nov. 26 82 Sept. 14 92% Nov. 26 Stamped tax exempt 1i% -0 62,000 883% 89 90 91 92% Sale 91% Nov. 8 93 Nov. 24 85 Aug. 26 93 Nov. 24 Manila Elec 1st Sr coil 5s__1953 M- S 1 95 95 I Met St-B'y & 7th Av 5s__1943J - D 43,000' 95 9831 1003% 97%3 100 9931 Nov. 8 1003% Nov. 15 97% July 7 101 Feb. 2 Col ft 9th Av 1st gu g 53_1993 M- 5 5,000 99 1003% 100 100 Nov. 15,100 Nov. 15 94 Aug. 12 100 Nov. 15 2,000, Lex Av & P F 1st gu g 5s 1993 M- S 99% 993% 98% 99 99 Nov. 20, 993% Nov. 171 98% Oct. 2l9931 Nov. 17 Met W S Elev Chic 1st 48_1938 F - A I I Mil El R.y & L cons 5s ____1926 P - A 1 100% 11014 June 10101% June 10 Refunding & ext 4%s___1931 J - J 9331 91 91 I 923% Feb. 16923% Feb. 16 Minn St Ely 1st con g 53.....1919 J - J 3,000 9931 100 100% 100 100% Nov. 6 100% Nov. 6 100% - 3 2,000, 93 Nov. 6 100% Nov. 6 Mont Tram 1st & ref A 5s_1941 .1 9834 89 90 91 95 90 Nov. 41 91% Nov. 12 90 Oct. 1 9411 Feb. 19 N Orl Ry & Lt gen 434s___1935 J - J 1 85 78 1 78 Feb. 15 78 Feb. 18 New York Rys 1st & ref 4s 1942 J - J 697,000 70 71% 69% 70 733j Sale 69% Nov. 31 74% Nov. 29 68 Sept. 11 74% Nov. 29 Adjustrn't income 5s_ __1942 A -0 721,000 51% Sale 513% Sale 53 Sale 49 Nov. 9 53 Nov. 30 47 Oct. 15 553% Feb. 11 N Y State Rys 1st cons 4343 '62 M- N I 84 883% 80 83 80 86 I 84 Mar. 31 86 April 21 Portland Ry 1st & ref 5s__1930 M-N 16,000 983% 100 94 95% 96 95 Nov. 81 97 Nov. 4 Port Ry L & P cony 5s___1942 F - A 90 80 80 1 :8 Oct.ep .F3 0 )'88' 'eAP't. 33 St Jo Ry Lt H & P 1st g 58_1937 M- N 96% 1 1 St Paul C Cable cons g 5s.1937 .1 - J I 11?(81 iSteupgt. B. 1(z3/23i Sept.21 21. Third Ave 1st ref 4s_ 1960,3 - J 162,000 79% Sale 84 Sale 84 Sale 84 525,000 Nov. 11 85% Nov. 8 Ad ustment income 53...1960 A -0 753% Sale 79 Sale 7931 Sale 79 Nov.' 11 80% Nov. 5 75 May 14 82 Mar. 29 Third Ave RR 1st gold 5s__1937 J - J 13,000 104% 109 10634 107 107 10734 98% 106 Nov. 22 107% Nov. 20 104% Oct. 2 1073% Nov. 20 Tr -City Ry & Lt 1st s 1 5s_ 1923 A -0 14,000, 94 9634 96% 9734 97 Nov. 4 98% Nov. 22 943% June 31 98% Nov. 22 Underged of London 4343_1938 J - J 94 94 94 Income 6s 1948J - J 87 1 8734 70 78 1 tin Rys Inv-5s Pitts iss__1926 M-N 65 July 20 75 Oct. 11 United Rys St L 1st g 45...1934 J - J 1,000 (.5-- 65 62% 70 60% 87 Nov. 10 6034 Nov. 10 60 Sept. 18 63% May 4 St Louis Tran go imp 53_1924 A -0 60 60 1 59% Mar. 5 59% Mar. 5 United It Rs San Fr a f 4s.._1927 A -0 346,000 53 55 4531 Sale 47 Sale 42 Nov. 10 49 Nov. 24 40 April 21' 55% Jan. 14 Vir inia R & Pow 1st 58_1934 J - J 32,000 8931 90 8734 90 Sale 86 Nov. 23 90 Nov. 30 82 Sept. 20 90 Noy. 30 as & lectric Light Cos I I Bklyn Un Gas Co 1st c g 5s 1945 MN 15,0001 102% 104 103% 104% Sale 8s_1920 Q _ F 422,000 810334Nov. 10104% Nov. 17103 Jan. 6 1044 Feb. 2 Consolidated Gas cony 1093% Sale 118%3 Sale 120 Sale 118%3 Nov. 1 120 Nov. 4109% Jan. 2 120% Oct. 11 Detroit City Gas Co g 5s_ _1923 J - J 2,000 98 103 100 103 100% 103 100 Nov. 17 100% Nov. 22 995% Mar. 3 101 Aug. 27 Detroit Gas 1st cons g 5s__1918 F - A 5,000 99 9834 Nov. 23 98% Nov. 23 983% Nov. 23 98% Nov. 23 Detroit Edison Co 1st 58..1933 J - J 5,000; 100% 1023% 102% 102% 1033% 1033% 102% Nov. 101103 Nov. 23 10131 June 7 103 Feb 15 Eq Gas L Co N Y con g 53_1932 M- S I 100% 104% ' 100% May 7 1003% May 7 Gas & El Co of Bergen Co 5s '49 J - D I 97 100 Hudson Co Gas 1st g 5s___1949 WI-N 14,000 100% 101311023114 102 102% 101%, Nov. 4i021-- Nov. 19 101 Oct. 8 10334-Feb. 17 Kings Co EL Sr P g 5s____1937 A- 0 1,000 101% 0102%5 102 Nov. 6102 Nov. 6 102 Nov. 61043% April 18 Purchase money 68 1997 A -0 4,000 109 113 113% 115 113 Nov. 16:113 Nov. 16 113 Feb 24 115 Aug. 12 Convertible deb 6s 1922 M- S 113 124 1 I Convertible deb 63 1925 m- s 15,9001 10 8_ 1213% 125 125 126 126 Nov. 11 126 Nov. 11 115 Feb. 18 126 Nov. 11 Ed El Ill Bkri 1st con g 48.1939 J - J 7_ 863% 86% r. Lac Gas L 1st g 5s_ May 1919 Q - F 28,000 100 100% 100% 101 22,000 96% 101% Sale 100% Nov. 3 101 q Nov. 8' 10031 Jan.3ct. 61 181 14 titty. 13 Refund Sr ext let g 5s_ __1934 A - 0 100 100 100% Sale 100% Nov. 4 101% Nov. 22 97 Jan. 4 101% Nov. 22 Milwaukee Gas Lt 1st 4s_ _1927 M-N 14,000, 893% 90% 915% 9231 Sale 913( Nov. 19 9231 Nov. 30 90 Aug. 16 9231 Nov. 30 Newark Cons Gas cons 5s g 1948 J - D 1100% 103% _1948 sy _ D 50,000; 1083 103% 103 June 3 103,4 Aug. 13 N Y Gas El Lt 11 Sr p 58_ 1 10851% 103% 104% Sale 103 F - A 87,000 1033% 102% Nov. 29 105 Nov. 19 101% Sept. 21 Nov. 19 Purch money coil tr g 4s_ 1949 84 Sale 85% Sale 83% Nov. 4 85% Nov. 30 80 Sept. 23 85% Nov. 30 Ed El Ill 1st cons g 5s..._1995 J - 3 1101% 107 107% F - A 10631 May 7 107% Oct. 14 N Y & Q El L Sr I' 1st c g 5s 1930 4,000, 97 99% 100% 101 100% Nov. 5 101 Nov. 5 99 Oct. 22 101 July 1 Pacific G Sr Elec--Cal G Sr E I . _1937 M- N 104,000 92 Corp unifying Sr ref 5s 94 96% Sale 96% Sale 963% Nov. 1 97 Nov. 221 91 Jan. 61 97 Nov. 22 Pacific Pow Sr Lt 1st Sr ref Ss '30 F - A 8834 91 G&E5s1949 M- S ; 8834 Feb. 15 91 Feb. 19 Paterson & Passaic 99 100 I 993% Oct. 25 993( July 7 People's Gas Sr C-1st 633_ _1943 A -0 110 114 114 1947 M- S 9931 '110 Jan. 5 115 June 3 . Refunding gold 5s 5,000 100% 100%3 101 10234 10231 102 Nov. 18 102%5 Nov. 26 9947 July 22 102% Nov. 26 Ch Gas L & C 1st gu g 5.9 1937 J - J 26,000 100 101%3 101% 102% 1,000 103 1101%7 Nov. 3 102% Nov. 17 101 May 18 10.3 Feb. 9 Consurn Gas Ch 1st gu g 58'36 J - D ____ 101 101% 101 10134 100% 101 19 101% Oct. 28 Ind Nat Gas & Oil ref 5s 1936 M-N Nov. 12 Nov. 24 1 99% April 1st gu g 5a 1947 M- N _1665 Mut Fuel Gas 99 100% 1003.1 100% Nov. 11 100% Nov. 11 99% Aug. 4 iFiii -N-Oi:ii Phila Co cony deb 5s 1919 F - A 82 97 _1922 M-N 95 2 5 1 9 Feb 1: s96 Oct. 2 Cony deben 5s g 95 97 85 91 8163% 1 Stand Gas Sr El cony s f 68_1926 J - D 11,000; 85 93 94 94% 53_ _1951 J -D 1,000; 9731 95 933 Nov. 23 94 Nov. 24 11834 Jan. 1 95 May 4 Syracuse Ltg Co 1st g 98% 993j 9931 100 99 Nov. 16 99% Nov. 16 99% Nov. 16 99% Nov. 16 Syracuse Lt & Pow s f 5s_ _1954 J - J 80 5s__1932 M- S 80 , _ Union El L Sr P 1st g 97% I 97% June 1 011 Feb. 1 Refund 5s _1933 M-N 1950 J - J ' 89 Jan. 29 90 Mar. 22 Utica Elec L Sr P 1st s f 5s g 1023% 1023% , 90 Jan. 6 1023j Mar. 23 Utica G Sr El ref Sr ext 54_ .A957 .1 - J 96 99 99 58_1950 J -D 18,000 ; 98 Aug. 4 98 Aug. 4 Westchester Light gold 10034 1023% 103% 103% 103% Nov. 5 103% Nov. 5 101 May Nov. 5 Mis,ellaneou. Bonds 21103% Adams Express coil tr g 45_ 1948 M- S40,000 70 75 Sale S 215,000 795% 82% Sale 78% Nov. 0 825% Nov. 30! 70 Mar. 21. 82% Nov. 30 Alaska Gold M deb 6s A 1925 M- 125% Sale 120 Sale 117 Nov. 17 127 Nov. 4 117 Nov. 17 150 April 22 Armour & Co 1st real st '39 .1 -D 272,000 915% Sale 92 Sale 92% Salo 0 1,000 92 Nov. 1 93% Nov. 18 90% Feb. 27 93% Nov. 18 Bush Terminal 1st 43------1952 A - 8 87 7% 88% 88% Nov. 24 8834 Nov. 24 84 June 11 885% Nov. 24 Consol Ss 1955 J - J 2,000 w- _ i§ 8531 0 23,000 90 87 90 89 Nov. 11 89 Nov. 11 845% June 14 90 Feb. 4 Buildings Ss gu tax ex__1960 A - 83 855% 855% Sale 86y, 87% 85% Nov. 1 88 Nov. 23 83 Jan 15 88 Nov. 23 Chile Copper cony. 7s _. _ _1923 M- N 2,478,000' Sale 13754Sale - J 28,000 13854 136 Nov. 10 141 Nov. 5 III Aug. 23 141 Nov. 5 Computing-Tab-Rec s f 69_1941 J 81% Nov. 24 8334 Nov. 19 81% Nov. 24 83% Nov. 19 Comstock Tunnel inc 4s_ __ 1929 M-N a Aug.J 4Ir 27 I? June 2t Granby ron Ni S & 1' 1st 6s. 1928 Ni- N 81,000 96 99 107 Sale 104 Sale 104 Nov. 30 Stamped 1928 MN 116,000, 107 Nov. 1 4 -N 118,000 103%Sale 103% Nov. 30 105 Nov. 5 1035% Nov. 30 105 Oct. 29 Great Falls Pow 1st s f 5s_ _1940 M 97 Nov. 11 100 Nov. 27 97 Nov. 11 100 Nov. 27 Inspiration Con ('op 1st 6s.1922 M - S 608,000 97% Sale 8Salee 18846 Sale 168 Nov. 10 187 Nov. 16 97 Jan. 7 190 Oct. 7 5-year cony deb 65 1919 J - J 81,000 95 Sale 1 8866 172 Nov. 9189' Nov. 171 9431 Jan. 6 189 Nov. 17 Inter Men Niarin3- col 4r 4345 '22 A -0 800,000 30 31 83% Sale 95 Sale 12145000 8334 Nov. 1 9634 Nov. 16' 303% Jan. 5 965% Nov. 16 Certificates of deposit 83% Sale 925% Sale 83 Nov. 3 94% Nov. 11 3334 Feb. 18 94% Nov. 11 Int Navigation 1st s f 58..1929 P - A 59,000 75 80 87% Sale 82 Nov. 5 ociy, Nov. 19 Nov. 19 lst&ref If 5s A J - J 477,000 88 36 Feb. 16 903j Montana Power 8934 89131 Sale 94% Sale s9131 Nov. 1 96% Nov. 26 883% Jan. 14 963% Nov. 26 Mortgage Bond 48 ser 2.. _1966 A -0 10-20-yr 5s, ser 3.. 1932 J - J 93% 1,000 Morris Sr Co 1st s f 4%33_1939 J - J 90 V Sale 89 Nov. 30 89 Nov. 30 89 Nov. 30 89-- -Nov.-io Y Dock 59 year gold 43..1951 F - A 18,000 75 Sale 72 733489N Nov. 16 95 Nov. 12 71 May 29 95 Nov. 12 Niagara F Power 1st 5s...1932 J - J 1,000, 99 10134 101 ____ _ 91 100% 101%3 101 Nov. 10 101 Nov. 10 100 June 19 101 Aug. 19 Niag Lock & Ont Pow 1st 5s_ 1954 M- N 1,000 _____ 8931 90 Nov. 10 90 Nov. 10 895% Mar. 22 Feb. 17 5,000 94 913% Ontario Pow N F 1st 5s. _ _1943 F - A 943% 92 9394 Nov. 17 9534 Nov. 18 925% Oct. 7 953% Feb. 4 Ontario Transmission 5s...1945 M-N 10,000 90 8934 90 V Wi Nov. 4 8954 Nov. 4 Nov. 4 90 Jan. 5 175,000' 43 8934 895% Pub Ser Cor N .1 ger) .50-yr 5s *59 A -0 86 Sale 89 Sale 90% Sale 883% Nov. 8 91 Nov. 26 8631 Aug. 6 91 Nov. 26 Ray Cons Cop 1st cony gs_ 1921 j• - J 387,000; 103% Sale 135 Sale 128 Salo 126 Nov. 9 137 Nov. 17 103 Jan. 6 140 Oct. 8 Sierra Sr S F Power 1st 5s 1949 F - A 1 935% 88 90 Tennessee Copp 1st cony 6s '25 M-N 79,000 119 12134 117 Nov. 101125 Nov. 17 117 Nov. 10 136 Oct. Wash Water P 1st 30-yr 5s 1939 J - J 97 i Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis 30 STOCKS-STOCK EXCHANGE RECORD. woL. lin. _ Int. Sales in Price about PRICES IN NOVEMBER. RANGE SINCE JAN. 1. BONDS Per- November . Jan. 2 N];1' STOCK EXCHANGE iod. (par vat.) 1915. Nov. 1. I Nov. 30. , Lowest. Highest. 1 Lowest. Highest. Telegraph and Telephone I S Bid. Ask. Bid. Ask. Bid. Ask. Sale Prices. Sale Prices. I Sale Prices. Sale Prices Am Tel & Tel coil trust 49_1929 J - J 629,000 863% 87 003% Sale 913% Sale 893% Nov. 8 91 Nov. 20, 80% July 8 913% Nov. 20 4s 1936 M- S 23,000 90 95% 97% 99 100 99 Nov. 3 101 Nov.Convertible 10, 91%, Feb. 23 101 Nov. 10 20-year convert 4%9_1933 m - s 4,650,000 96 Sale 104 Sale 1073% Sale ;104 Nov. 1 1093% l&oi ov.. 24' 96 Jan. 2 1093% Nov. 4 Cent Dist Tel let 30-yr 59_1943 J - D 5,000 973% 100 1003% 1013% 100 Nov. 41013% 91 98% Jan. 211013% Nov. 29 Commercial Cable 1st g 4s_2397 Q - J Cumb 'F & T 1st & gen 55_ _1937 J - J 75,000 95 Sale 973% Sale 993% 100 875% 13 993% Nov. 241 95 Jan. 2L99% Nov. 24 Keystone Telephone 1st 5s 1935 J - J 3,000 88 Nov. 18 95 Nov. 18; 95 Nov. 18 95 Nov. 18 Met T & T lst s f g 5s.____1918 M-N 4,000 993% 1013% Sale 1013% 1013% Nov. 11013% Nov. 19, 100 Mar. 21013% Nov. 19 Mich State Telep 1st 20-yr 59'24 F - A 1,000 963% 98 993% Sale 99 100 993% Nov. 1 993% Nov. 11 97v, Jan. 18 Nov. 1 1920 M-N 100% 993% N Y & N J Tel gen 5s 100 105 100% 1013% June 21 1013% June 21 N Y Tel 1st & gen s 1 4%s_1939 M- N 1,317,000 943% 953% 973% Sale 983% Sale 963% Nov. 5 99 Nov. 261 94 July 7 99 Nov. 26 Pacific T & T let 59 1937 J - J 217,000 943% Sale 983% Sale 993% Sale 983% Nov. 3 993% Nov. 23; 943% Jan. 2 093% Nov. 23 South Bell Tel'& T 1st s 1 58 '41 J - J 184,000 96% Sale 973% Sale 99 Sale 973% Nov. 1 99 Nov. 26' 963% Jan. 6 99 Feb. 4 Un-Coll tr cur 5s 1938 J - J 48,000 95 99% 99% 101 101% 99% West 953% Nov. 3 101 Nov. 23' 95 Julyititlyn. 5,7 1(4A A ,11NioTovv.. N Fund & ieal est 43%s g__1950 M-N 65,000 883% Sale 933% Sale 95 933% Nov. 1 953% Nov. 24 No IA Tel gu fund 43%s g 1934 j - .1 873% 90 903% Mar. 5; Mar. 5 Manuiacturing & Industrial 903% Am Ag Chem 1st cons 59-_1928 A -0 48,000 993% 1003% 102 102% 101% Sale 1013% Nov. 23 1023% Nov. 16 993% Aug 14/ 105 April 16 Convertible deb Sc 1924•F -A 152,000 96y, 963% 963% Sale 963% Nov. 10 973% Nov. 23 92 April 22 973% Nov. 23 Am Cotton Oil deb 5s ____1931 M- N 218,000 90 94 1 9.5% Sale 963% 97 95% Nov. 8 98 Nov. 20 91 Mar. 3 93 Nov. 20 Am Hide & L 1st s f g 691919_ M- S 30,000 100 1003%1033% Sale 104%3 Sale 8103 Nov. 51013% Nov. 30 Jan.aipInay..1 1 12:i 1 ,11 1 ..i 1?1 Am Ice Securities deb g 69..1925 A -0 6,000 80 85 Sale 86% 89% 85 Nov. 1 89 Nov. 26 Am Smelters Securities 69_1926 F - A 869,000 103 104 109 Sale 1123% Sale 1073% Nov. 1 1153% Nov. 15 11:1 American Thread 1st 49_ __1019 J - J 9,000 92% 92% 97% 98% s97 Nov. 10 97% Nov: 23 92% Am Tobacco 40-year g 6s__1944 A - 0 1,000 120 119% Sale 1193% Nov. 31193% Nov. 3 115 - NANNFeb. 45 1951 F - A 2,000 96 94 95 94 94 Nov. 8 94 Nov. 11 94 Oct. 19, 983% Feb. 2 Am Writing Paper let s f 591919 J - J 49,000 643% 66 Sale 64 Nov. 4 663% Nov. 30 513% June 17 70 April 19 Baldwin Loco Wks 1st s f 5s '40 M-N 11,000 1003% 104 Sale 1063% 104 Nov. 11063% Nov. 23 1003% Jan. 25 1063% Nov. 23 Beth Steel let ext s f 5s_ __ _1920 J - J 133,000 985% Sale 1025% Sale 1025% Sale 102 Nov. 12 103 Nov. 23 085% Jan 2 103 Aug. 0 1st & refund 5s gu ser A_1942 M-N 736,000 853% Sale 1003% Sale 1013% Sale 100 Nov. 17 1013% Nov. 24 853% Jan. 2 10241 Aug. 13 Central Leather 20-Yr g 5s-1925 A -0 512,000 963% Sale 1013% Sale 1003% Sale 1003% Nov. 26 1013% Nov. 5 963% Jan. 2 1013% Nov. 5 Consol Tobacco 50-yr g 4s_1951 F - A 98 983% 973% Jan. 29; 97%3 Jan. 29 Corn Prod Ref g 91 55 1931 M- N 13,000 94 963% 983% 973% Nov. 8 98 Nov. 5 94%3 Jan. 5! 98 Nov. 5 1st 25-yr s f 5s 1934 M-N 88,000 91 923% 95 Sale 963% Sale 943% Nov. 3 97 Nov. 22 92 Mar. 3 97 Nov. 22 Cuban-Am Sugar col tr 6s-1918 A -0 158,000 913% 94 1003% 101 1013% 1013% 1003% Nov. 4 1013% Nov. 20 95 Feb. 18 101%3 Nov. 26 Distillers' SC cony let g 5s 1927 A -0 1,159,000 653% 72 Sale 72 Sale 683% Nov. 10, 735% Nov. 15 463% Mar. 3 75 Oct. 22 E I du Pont Powd 4%s_ _1936 J -D 271,000 833% 853% 1013% Sale 101 Sale 1003% Nov. 30'102% Nov. 8 84 Jan. 1111043% Sept. 13 General Baking 1st 25-yr 691936 J -D 963% 965% _ General Elec deb g 33%s ___1942 F - A . 3,000 76 82% 78 79 78% 80 78 Nov. 19 78% Nov. 22 74 June 18. 79 April 21 Debenture 5s 1952 M- S 123,000 103 1063% 104% Sale 1043% Sale 104%3 Nov. 1 106 Nov. 26 101 Sept. 16 106 Nov. 26 Illinois Steel deben 4%s 1940 A - 0 315,000 823% 84 883% Sale 913% Sale 883% Nov. 1 923% Nov. 23 823% Mar. 23 923% Nov. 23 Indiana Steel 1st 59 1952 M-N 201,000 98 1003% 102 Sale 102 Sale 1013% Nov. 9 102 Nov. 1 99 Jan. 5,1023% Oct. 28 Ingersoll-Rand 1st 5s_Dec 1935 J - J 100 100 100 1025% Internat Paper let con g 6s 1918 F - A 68,000 1003% 100% 1013% 102 1025% 1013% Nov. 31023% Nov. 20, 993% Aug. 25 102% Nov. 20 Cons cony s f gold 5s_ ___193o J - J. 55,00082 84 80 Sale 82 823% M loi v. 11 mNov.rrov. l.? 'au :j,‘1!)nr.ii a 1,1 Jan. N Int Steam Pump lets f 59_1929 M- S 2,000 35 38% 62 68 75Y4 Certificates of deposit , 318,000 61y, 63 753% Sale 8623% Nov. 12 77 Nov. 27 45 May 14/ 77 Nov. 27 Sale Lackaw Steel 1st cony 5s__1923 A -0 164,000 90 913% 953% Sale 98 953% Nov. 1 983% Nov. 26 89 Jan. 18 9854 Nov. 26 1st cons 5s Series A 1950 M - s 1,277,000 65 92 Sale 933% Sale 893% Nov. 10 953% Nov. 18 65 Jars. 13 97 Oct. 1 Lig & Myers Tob 75 A -0 170,000 122 Sale 1223% 122%3 124 Sale 122 Nov. 20 124 Nov. 26 1213% July 9 124 % Jan. 13 5s 1951 F - A 96,000 100 Sale 101 Sale 81015%Sale 101 Nov. 1 102 Nov. 27, 99 June July (P) Lorillard Co 7s 1944 A -0 10,000 122 123 123% 123% 123 Nov. 3 123% Nov. 29 119 . 2,11 ISV r4 59 5 F - A 152,000 100 Sale 1003% Sale 1003% 1023% 1003% Nov. 11013% Nov. 18 983% May 24 102 Jan. 19 Mex Petrol Ltd cony 6s...._1921 A - 0 32,000 92 98 1073% 109%5 1093% Sale 106%7 Nov. 12 110 Nov. 22 Feb. 26 1st lien & ref 6s Series C_1921 A - 0 14,000 92 105 1073% 1085% Sale 1065% Nov. 4 1083% Nov. 26 Nat Enam&Stpg 1st 20-yr 5s'29 J -D 2,000 90 933% 96 96% 96% 95% Nov. 12 95% Nov. 12 205 . 1 April. H Nat Starch 20-year deb 59_1930 J - J 80 83% I 83 May 26 85 April 6 National Tube let Sc 1952 M-N 151,000 973% 1005% 1003% 18003% 19001% 100% Nov. 3,102 Nov. 8 96 May 27 102 Nov. 8 N Y Air Brake let cony 6s_1928 M-N 66,000 91 96 102 1023% 1033% Sale 8101 Nov. 10;103% Nov. 24 90 Feb. 25 1033% Nov. 24 Railway Steel Spring- I I Latrobe Plant let s f 59_1921 J - J 16,000 95 96 985% 983% 993% 1005% 983% Nov. 10,100 Nov. 271 953% Jan. 8 100 Nov. 27 Inter-ocean P 1st s f 5s__1931 A -0 125,000 90 92 903% 94 943% 96 92%3 Nov. 101 95 Nov. 26 90 Feb. 10 95 Nov. 26 Repub I & 5 sink fund 59_1940 A -0 380,000 905% 91 945% Sale 97 Sale 945% Nov. 1 973% Nov. 24 905% Jan. 4 973% Nov. 24 Standard Milling let 55_1930 M- N 20,000 865% 89 943% Sale 97 98 943% Nov. 1 97 Nov. 26 89 Jan. 8 97 Nov. 26 The Texas Co cony deb 69_1931 J - J 511,000 985% 99 104 Sale 105 Sale 104 Nov. 1 106 Nov. 16 9754 Feb. 25 106 Nov. 16 Union Bag & Paper 1st s f 5s 30'J' - J 78 78 82 I 75 Mar. 24 80 Aug. 25 U S 'Realty dr Imp deb g 55 1924 J - J 47,000 74 70 Sale 763% Sale 70 Nov. 1 775% Nov. 24 65 Oct. 5 775% Nov. 24 U S Red & Ref let s f g 69_1931 J - J 14,000 20 26 25 25%3 Nov. 22 263% Nov. 4' 20 Jan, 5 305% June 16 US Rubber 10-yr col tr 6s_1918 J -D 133,0001013% Salo 102%5 1023% 1033% 1033% 10245 Nov. 31035% Nov. 22 1013% Jan. 21035% Nov. 22 U S Steel Corps!g 59 Apr 1963 M- N 1,704,000 100 Sale 1033% Sale s103%Sale3 1035% Nov. 5 105 Nov. 24 99%7 Jan. 2 105 Nov. 24 Registered Apr 1963 M-N 20,000 1003% Sale 1035% Sale 1033% Sale 1033% Nov. 8 105 Nov. 15 993% Jan. 4 105 Nov. 15 Va-Car Chem 1st 15-yr 5s 19231 - D 205,000 90 Sale 985% Sale 98 Sale 9754 Nov. 10 99 Nov. 23 89 Feb. 24 99 Nov. 23 Cony deb s f 6s May1924 A -0 460,000 102 Sale 1035% Sale 1013% Nov. 91033% Nov. 29 953% Sept. 91033% Nov. 29 Western Elec let 5s Dec 31 1922J - JI 61,000 1003% Sale 101% Sale 102 Sale 10154 Nov. 3 102%3 Nov. 22 1003% July 30 1023% Nov. 22 Westingh El & M con s f 5s 1931 J - J 19,000 903% Sale 1053% 1055% 105 1053% 105 Nov. 221053% Nov. 4 893% Mar. 11053% Sept. 27 Cony 5s issue 19151931 , 558,000 144 Sale 136 140 130 Nov. 10 144 Nov. 1' 1095% July 27 1495% Oct. 26 10-yr coil trust notes 5s_ 1917 A - 0 -17,000 9754 983% 101 1013% 1013% 101 Nov. 4,1015% Nov. 19 983% Jan. 14 1015% Nov. 19 Coal and /ron Bonds i Buff & Susq I s f 5s 1932 J -DI I 85% 88 90 915% Deb 5s Jan 1926 M- S1 80 85 90 8554 88 75 May 10 86 Oct. 1 Col Fuel & I Co gen s f g 5s 1943 F - A 5,000 88 06 973% 935% 95 95 Nov. 26 95 Nov. 26 87 Feb. 18 95 Oct. 14 Col Indus 1st coIl tr 59 gu_ _1934 F - A 73,000 92x L9 765% Sale 76 Nov. 3 78 Nov. 26 70 • Mar. 25 80 Sept. 27 Consol Coal Md 40-yr 5s_ _1950 J - D 7,000 905% 913% 893% Nov. 16 925% Nov. 27 883% April 15 925% Nov. 27 Consol hal Coal M 1st 5s_ _1935,J -D 'I 20 20 Continental Coal 1st s f 58_1952 F - A 99 Jefferson & Clear! 2d 5s_ ___1926 J - D 'I Kan & Hock C&C 1st gu 531951,1J - J, ! 1 90 July 1 90 July 1 Lehigh C Nays?& 43%9A 1954IJ - J I 983% Mar. 13 1003% Feb. 17 Pocahon Con Coll 1st s f Sc 1957IJ - J 3,0001 84 88 863% 88 893% Sale 88 Nov. 17 893% Nov. 30 853% July 27 893% Nov. 30 St L R Mt & Pac 5s stmp'd 1955IJ - J 2,000 82 8654 82 Nov. 5 815% Nov. 15 82 Nov. 5 8454 Nov. 15 Tenn C I & RR gen 5s_ __ _1951 J - J 10,000 100 101 1015% 1027% Sale 101 Nov. 22 1035% Nov. 26 100 Jan. 1(1 1033% Nov. 26 Binrn Div 1st cons 69__1917 J - JI 34,000 1003% Sale 10154 1013% 1015% 102 1013% Nov. 41023% Nov. 17 997% July 271023% Nov. 17 Tenn Div let g 69_ _Jan 1917 A -0 9,0001003% 1015% 102 101%5 102 1015% Nov. 3 102 Nov. 26 1003% Jan. 4 102 Nov. 26 Cab C M Co 1st gu g 68_1922 J - 1) il 80 106 106 1 Victor Fuel let s f 5s_ 1953 .1 - J1 84 _ 75 75 1. I Va Ir Coal & Coke 1st g 59_1949 M - S 24,000 I _ 80 00 8754 Sale 833% 903%, 8754 Nov. 1 903% Nov. 17 82 May 10 903% Nov. 17 a On the basis of $5 to the sterling. b on the basis of four marks to one dollar. c 1st installment paid. d Full paid. e Second Installment paid. s Option sales. U This was a sale made "Seller 4 free." y Bonds "when issued.' z Flat price. STOCKS-PRICES AND SALES FOR NOVEMBER AND THE YEAR TO DATE In accordance with a rule of the Stock Exchange effective Oct. 13, all stocks are now quoted dollars Per Share. All quotations in these tables have been reduced to that basis. Prices are on oasis of i 00-snare lots. Exceptions of stocks which sell only In a small wsv are noted by the ;ester a. Optics,' sales are disregarded.

SALES TO DEC. 1. PRICES IN NOVEMBER. RANGE SINCE JAN. 1. Price about N Y STOCK EXCH'GE In Since Jan. 2 November Jan. 1. 1915. Nov. 1. Nov. 30. Lowest. Highest. Lowest. Highest. Par Shares Shares Bid. Ask. Bid. Ask. Bid. Ask. Sale Prices. Sale Prices. Sale Prices. Sale Prices. Atchison Top & S Fe .100 95,450 822,997 93 Sale 109 Sale j106%Sale3 j1065%Nov. 10 1113% Nov. 4 9254 Feb. 24 1113% Nov. 4 Preferred 10 9,116 58„794 96 97% 1013% Sale 101%5 Sale 101 Nov. 1 1023% Nov. 26 96 Jan. 5 1023% Nov. 26 Atlan Coast Line RR_ _100 2,002 35,732 99 115 Sale 1153% Sale 114 Nov. 20 116 Nov. 1 98 Mar. 1 116 Nov. 1 Baltimore & Ohio 10 104,909 1,085,596 68% Sale 95 Sale 94 Sale 93 Nov. 10 957% Nov. 4 633% Feb. 21 95% Nov. 4 Preferred 100 15,760 118,654 69 693% 76 Sale 783% Sale 753% Nov. 1 793% Nov. 27 67 Feb 23 793% Nov. 27 Brooklyn Rap Transit.. 100 79,220 412,535 84% 85% 88 Sale 893% Sale 88 Nov. 1 9254 Nov. 4 833% Aug. 13 93 April 21 Buff Roch & Pitts _....100 15 278 75 95 90 100 a91 Nov. 16 a933% Nov. 26 80 July 20 a935% Nov. 26 Preferred 100 109% Canadian Pacific 100 161,054 1,364,064 155 150 184.%3 Sale x183 Sale 1813% Nov. 10 194 Nov. 1 138 July- -25 194 Nov. 1 Canada Southern.... l09 160 506 545% 533% 613%a55 Nov. 17 a58% Nov. 24 a51 Aug. 6 aGO May 6 Central of New Jersey.. 100 702 310 300 350 300 320 a250 Sept. 1 325 Jan. 22 Chesapeake & Ohlo___100. 151,500 705,610 40 41 625% Sale 635% Sale 6054 Nov. 10 643% Nov. 21 35% July 9 643% Nov. 24 Chicago & Alton HR...100 500 5,266 13 Sale 12 Sale 12 Nov. 30 13 Nov. 3 8 Aug. 6 153% Aug. 25 Preferred 100 100 • 640 13% 17 30 20 223% 223% Nov. 18 223% Nov. 18 115% Feb. 27 223% Nov. 18

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis DEC., 1915.1 STOCKS-STOCK EXCHANGE RECORD 31

SALES TO DEC. 1. PRICES IN NOVEJIBER. RANGE SINCE JAN. 1. STOCKS. Price about N Y STOCK EXCH'GE In Since Jan. 2 November Jan. 1. 1915. Nov. 1. Nov. 30. Lowest. Highest. Lowest. Highest. ----1 Par Shares. Shares Bid. Ask. Bid. Ask.Bid. Ask. Sale Prices. Sale Prices. Sale Prices. I Sgt. Prices. Chic Great West 100 31,110 134,079 10% 10% 15% Sale 15% Sale 153% Nov. 10 17% Nov. 3 104 Jan. 4 Nov. 3 100 225,362 173.4 Preferred 66,940 26 28% 36% Sale 539 39% 36% Nov. 1 41% Nov. 3 253-4 May 14 4134 Nov. 3 Chic MIlw & St Paul 100 53,300 704,438 87 Sale 95 Sale 943-4 Sale 933% Nov. 29 96% Nov. 1 77%3 July 26 983% April 19 Preferred 100 8,300 51,554 126 129% Sale 133% Sale 1293% Nov. 1 Nov. 30 Sept. 2 Nov. 30 70,171 1333-4 1209-4 1333-4 Chicago & North West.100 7,619 122 131% Sale 134 135 131%5 Nov. 1 1353% Nov. 16 1183-4 July 10 1353-4 Nov. 16 Preferred 100 175 936 170 190 170 190 1705% Nov. 22 1705% Nov. 22 163 July 9a175 Jan. 30 Pacific.100 2,975,503 Chic Rock Isl & 170,923 18% Sale 19% Sale 18 Nov. 18 223% Nov. 15 103-4 July 23 38% April 15 Chic St Paul M & 0___100 850 1,685 132 119% Sale 120 Sale 1195% Nov. 1 123 Nov. 11 a114 April 8123 Nov. 11 Preferred 100 475 150 128 140 133 140 124 Sept. 17 131 July 29 Clev Cin Chic & St L__100 1,400 9,392 21 40 50% Sale 48 50 49 Nov. 26 50% Nov. 3 25 Feb. 23 52 Oct. 22 Preferred 100 2,100 10,520 40 72 80 74 76 75 Nov. 29 76 Nov. 20 533% Feb. 17 77 Oct. 20 Cleveland & PIttsburgh_50 125 77 78% 783-4 July 7 April 15 NM* Colorado & Southern 100 19,860 23 32 36 Sale a7934 4,200 36% Sale 35 Nov. 1 38 Nov. 3 24 Mar. 15 383-4 Nov. 3 First preferred 100 900 6,742 42 60 57 Sale 57 60 56% Nov. 1 60 Nov. 18 45 Jan. 18 60 Nov. 18 Second preferred_ 100 700 1,700, 324, 50 45 50 47 52 48% Nov. 4 52 Nov. 20 35 Sept. 2 52 Nov. 20 Cripple Creek Central_100 120 120 27% Nov. 8 27% Nov. 8 2794 Nov. 8 Nov. 8 Hudson.. 100 29,7541 140% 142 152 Sale 2794 Delaware & 4,480 5150 152 1513% Nov. 13 1543-4 Nov. 4 13834 Aug. 311545% Nov. 4 Del Lack & Western__ 50 2,153 9,313 196% 200 212% Sale 225 240 2123% Nov. 1 233 Nov. 23 199 15-16Jan.6 233 Nov. 23 Denver & Rio Grande 100 9,550 23,397 5 Sale 10% Sale 15 17 10% Nov. 1 163-4 Nov. 16 4 Jan. 12 165% Nov. 16 Preferred 100 24,865 68,672 7 8% 18% Sale 27 29 18% Nov. 1 299-4 Nov. 17 63-4 July 9 29%3 Nov. 17 Des M & Ft Dodge 100 1,780, 731 4 Feb. 3 73% April 9 Preferred 100 150 295% Mar. 4 a37 April 6 Detroit & Mackinac_ 100 40 80 a70 July 23 a70 July 23 Detroit United Ety_ ___100 216 2,419 683.4 63 69 75 69 Nov. 12 70 Nov. 6 6231 April 1 70 Nov. 6 Duluth S S & Atlantic _100 700 4,800 6% Sale 6 8 6% Nov. 1 8% Nov. 4 2 July 14 85-4 Oct. 29 Preferred 100 2,900 10,920 6 9 13% Sale 12 15% 12% Nov. 1 15% Nov. 4 4 July 20 155% Nov. 4 Erie 100 619,215 3,327,171 21% 22 43% Sale 43% Sale 403% Nov. 10 45%5 Nov. 19 197% Feb. 24 45%5 Nov. 19 First preferred 100 102,541:4 827,645 33 34% 58 Sale 583% Sale 553% Nov. 10 593% Nov. 19 323% Feb. 24 593-4 Nov. 19 Second preferred.. 100 13,79a 101,835 26 29 49% Sale 51% Sale 473% Nov. 10 523% Nov. 18 27 Feb. 27 5231 Nov. 18 446,145 Great Northern, pref 100 59,300 112% Sale 126 Sale 126 Sale 123%3 Nov. 9 1285% Nov. 5 1123% Jan. 2 128%3 Nov. 5 Iron ore properties 229,815 2,502,165 25% Sale 52 Sale 50 Sale 46% Nov. 9 52% Nov. 1 2531 Jan. 2 54 Oct. 22 Havana El Ry, L & P_100 518 2,274 79 883% Sale 87 Nov. 22 883-1 Nov. 30 a71 Mar. 13 884 Nov. 30 Preferred 100 2,968 91% 95 April 20 101 Sept. 23 Hocking Valley 100 300 112 112 112 April 15 118 April 10 Illinois Central 100 5,880 42,767 107 Sale 110 Sale 108% Sale 1075% Nov. 15 1103-4 Nov. 3 99 July 7 113 April 19 Interboro Consol Corp___ 183,025 471,859 23% Sale 21% Sale 213% Nov. 30 25% Nov. 4 189-4 July 10 253-4 Nov. 4 Preferred 31,300 174,377 79% Sale 79% Sale 784, Nov. 18 82 Nov. 5 70 July 10 82 Nov. 5 Interb-Met vot tr ctfs_100 1,705 1,584,075 11% Sale 23% Sale 21% 22 213% Nov. 29 25 Nov. 4 105% Jan. 16 25 Nov. 4 Preferred 100 600 645,401 50 51 81% 80% 84 82 Nov. 3 85 Nov. 8 549 Jan. 19 85 Nov. 8 Iowa Central 100 2,580 3 7 6 10 7 12 6 Feb. 4 10 Feb. 16 Preferred 100 180 13 15 20 15 25 18 Feb. 13 18 Feb. 13 K C Ft S&M tr ctfs pref 305 66 70 a60 April 1 May 5 56,300 422,505 6834 Kansas City Southern.100 21 25 34 Sale 31% Sale 31% Nov. 30 353-4 Nov. 1 20,45 Feb. 24 353-4 Nov. 1 Preferred 100 8,000 53,841 50 58 64% Sale 64 Sale 62% Nov. 12 6534 Nov. 5 547% Feb. 24 653% Nov. 5 Moines..100 500 510 Keokuk & Des 3 10 2 4% Sale 4 Nov. 18 6 Nov. 4 4 Nov. 18 a634 Feb. 15 Preferred 100 36 30 30 Lake Erie & Western.._100 2,800 16,560 3 5 13% Sale 12 14 13 Nov. 1 14%3 Nov. 3 5 Jan. 5 143% Nov. 3 Preferred 100 1,100 8,3091 8% 33 Sale 26 32 30 Nov. 1 33 Nov. 1 19 May 27 33 50 95,425 Nov. 1 Lehigh Valley 574,971 65.Sale 80% Sale 82 Sale 784 Nov. 10 833% Nov. 19 64%5 Feb. 24 8331 Nov. 19 Long Island 50 1,950 20,839 24 26 23 25 223% Nov. 10 24%3 Nov. 15 Nashville..100 3 Jan. 11 275% Oct. 11 Louisville & 5,900 74,036 112 129 Sale 127% Sale 126 Nov. 19 130,41 Nov. 4 1045% July 8 13034 Nov. 4 Manhattan Railway_ _100 1,766 13,087 121 128 129% Sale 130% Sale 123 Nov. 6 Nov. 19 125 June 25 100 1303% 1303-4 Nov. 19 Michigan Ceatral 51 120 110 130 150 al00 Feb. 8 all0 Oct. 8 Minneap & St Louis _..100 8,515 59,764, 11 16% Sale a1543 Sale 16 Nov. 26 18 Nov. 5 8 Sept. 15 193% Feb. 15 Preferred 100 6,570 31,198! 27 34 Sale 34% 37 33%3 Nov. 1 40 Nov. 5 24 Sept. 15 49 Feb. 15 100 MStP&SSM 8,520 61,8491 105 108 1243% Sale 120 124 122%7 Nov. 10 1263% Nov. 1 106 Jan. I 1233-4 Nov. 1 Preferred 100 896 4,601, 130 127% Sale 130 135 12734 Nov. 1 13241 Nov. 3 123 June 13 1325% Nov. 3 Leased line certificates_ 1,070, 73 82 72 76 75 85 70 Sept. 17 a75 April 22 Mo Kansas & Texas..__100 58,400 436,000, 8% Sale 6% Sale 7% Sale 6 Nov. 1 83% Nov. 3 4 Sept. 28 1531 April 19 Preferred 100 10,750 112,6731 26 15% Sale 16% 17% 15 Nov. 8 184 Nov. 2-5 103% Sept. 25 49 April '5 Missouri Pacific 100 203,186 1,871,609, 7% Sale 5% Sale 6% Sale 53.j Nov. 1 847 Nov. 11 131 July 27 1831 April 19 Certificates of deposit_ _ 13,310 13,310, 5% Sale 534 Nov. 30 734 Nov. 16- 554 Nov. 30 73-4 Nov. 16 Morris & Essex 50 33 1,4141 78 81 65 75 a82 Nov. 27 a8234 Nov. 23; aE30 Aug. 12a99 May 3 Nash Chatt & St Lou18,100 100 2,2631 135 130 136 130 140 133 Nov. 9 133 Nov. 9: 120 June 23 133 Nov. 9 Nat Rys of Mex pref__100 400 2,5001 25 2534 Nov. 16 253% Nov. 171 1494 Aug. 31 2334 Oct. 30 Second prof 100 8,000 21,7751 4% 7 9% Sale 83% Nov. 8 93% Nov. 1 43% July 23 93% Oct. 21 N Y Cent & Hud Riv 100 108,745 955,380, 84 85 103% Sale 102% Sale 1005% Nov. 10 1013-4 Nov. 4, 8134 Mar. 11045% Nov. 4 N Y Chicago Sc St L 100 1,150 8,850 41 44 43 45 42 Nov. 10 Nov. 12' 30 June 29 4594 100 453-4 Nov. 12 First preferred 230, 80 85 80 85 1 75 Aug. 11 80 Oct. 9 Second preferred..__100 400 512, 60 65 60 65 62 Nov. 8 63 Nov. 22' 50 Oct. 7 63 Nov. 22 N Y Lack & Western_ _100 631 112% 112% 123 all2 Feb. 2a116 April 5 NY N H& Hartford__100 130,860 1,093,723, 54% Sale 83 Sale 76% Sale 72%3 Nov. 27 83 Nov. 1 43 Feb 25; 89 Oct. 11 N Y Ontario & West_ _100 33,100 280,7291 21 223% 32% Sale 30% Sale 30 Nov. 10 Nov. 5 213% Jan 200 333-4 61 35 April 20 Norfolk Southern 100 1,770; 25% 18% 20 20 27 20 Nov. 3 21%3 Nov. 16 a15 Sept. 30, 25 Feb. 15 Norfolk & Western____100 67,160 271,598 98% 100 120 Sale z117%Sale 1163% Nov. 9 1223% Nov. 3 9934.1, 1!12234 Nov. 3 (adjustment)__100 500 2,145 83% Prof 89 85% Sale 843% Nov. 3 85% Nov. 30 8034 Sept. 21 90 June 15 Northern Central 50 10 a42% Jan Jan. 27 100 90,215 701,955 100 Sale 116% Sale 27a423-4 Northern Pacific 116%5 Sale 1114 Nov 9 1173% Nov. 191 993% Feb. 241117%3 Nov. 19 Pacific Coast Co 100 600 63 April 16 67 April 1 50 129,420 742,619 52% z60 Pennsylvania Sale Sale 60 Sale 533-4 N7O.V.-I0 5613-4 Nov. 3 .51 13-16Feb24 615% Nov. 3 Peoria & Eastern 100 3,050 7,950 11 Sale 11 13 11: Nov. 1 14 Nov. 3 4 Jan 5 14 Nov. 3 Pitts Cin Chic & St L__100 4,700 14,714' 66 89 83% Sale 83 80 Nov. 1 86 Nov. 5 65 May 17 85 Nov. 5 100 100 1,050 105 Preferred 91 96 96 Nov. 15 96 Nov. 15 90 Jane 19 985% June 5 Pitts Ft W & Chic____100 54; 151 154% al54 Sept. 2a158 Jan. 25 Company____ 50 310,376 6,150,6S6 Reading 71% Sale 84 Sale 82 Sale 80% Nov. 10 855-4 Nov. 693% May 10 855% Nov. 3 First preferred 50 300 6,805 43% 41% 45 41% 44 43% Nov. 26 Nov. 1631 40/s3 S qat. 20 45 50 1,625 18,9171 4434 1 June 12 Second preferred 39% 41% 42% 44% 40 S5-4 42% Nov. 17 44 Nov. 3, 40 Feb. 23 44 Oct. 29 Co 100 21,900 61,953 Sale Rock Island 3% % Sale A Sa. • .3-1 Nov. 3 1% Nov.23,1 % July 15 13-4 April 10 Preferred 100 36,040 157,090; a1%3 Sale % Sale 1% 6.. • /34 Nov. 9 1% Nov. 23! % .11ine 21' 200 23-4 April 9 Rutland, preferred 100 310. 25 Nov. 17 25 Nov. 20 22 Sept. 16 25 Nov. 20 St Louis & San Fran 100 27,700 137,610: -1% 6 Sale 5% 6% 6 Nov. 1 8 Nov. 1 M tr. 22 12,840 8 Nov. 1 First preferred 100 2,700 8 12 11% Sale 10% Sale 10% Nov 30 14% Nov. 8 7 Aug. 17 Nov. 8 24,900 90,969: 2% 3% 143-4 Second preferred...._100 8 Sale 7 8% 8 Nov. 1 10% Nov. 8 3 Jan 18 10%3 Nov. 8 St Louis Southwest- _..100 2,400 9,800; 20 193% Sale 20 23% 194 Nov. 1 23 Nov. 24 11. Sept. 9 23 Nov. 24 Preferred 100 1,710 6,730 37 36% Sale 40 36% Nov. 1 44 Nov. 29 29 Sept. 29 44 Nov. 29 Seaboard Air Line____100 13,425 109,529: 11% 11% 19% Sale 19 Sale 18 Nov. 9 20% Nov. 5 July 31 203% Nov. 5 33 113% Preferred 100 6,750 117,8741 43 Sale 41 Sale 40 Nov. 15 43% Nov. 4 29%3 July 24 4331 Nov. 4 Southern Pacific Co_ __100 279,125 2,231,494, 82 Sale 102% Sale x101%Sale 99% Nov. 8 103%7 Nov. 10 81 FeO. 5 1037 Nov. 10 10,036' % Certificates of interest.._ 2,036 118% Sale 11831 Nov. 51195% Nov.26 94,7 Feb. 20 11934 Nov. 26 Subscrip rects part paid 586 d92% Jan 25 d975% Feb. 3 Southern Railway ____100 84,300 642,1S71 14 25% Sale 23% Sale --1).25% Nov. 10 26 Nov. 11 129-4 July 23 26 Nov. 1 Preferred 100 13,900 121,529 58 6431 Sale 63 Sale 61 Nov. 9 65 Nov. 3; 42 July 23 65 Nov. 3 Texas St Pacific 100 17,100 105,3151 11 12 15% Sale 15% Sale 1431 Nov. 10 169-4 Nov. 41 July 24 177 April 19 61% % Third Ave new 33,810 771,7251 35% Sale Sale 61% Sale 6034 Nov. 10 64 14 Nov. 35 Jan. 2 6434 Oct. 14 Toledo St Louis & W_100 4,600 7,360, 31,4 5 Sale 8% Sale 5 'Nov. 1 8%7 Nov. 30' 1 Jan. 6' 83% Nov. 30 Trust Co receipts 500 700, 5 8 53% Nov.'4 63% Nov. 16 551 Oct. 13 64 Nov. 16 Preferred 100 1,100 8,2001 8 10% Sale 14% Sale 103-4 Nov. 1 1454 Nov.3 53% May 25 145% Nov. 30 Trust Co receipts..___ 400 3,000, 10% 12% 11 Nov. 6 13 Nov. 21 6 July 26 13 Nov. 5 Twin City Rapid Tran.100 800 15,7941 96% 97 98 Sale 97 Sale 97 Nov. 22 933-4 Nov. 11 90 July 9 100 April 19 Preferred 100 100 133; 129 131 125 Nov. 4 125 Nov. 4 125 Nov. 4 a135 Sept. 14 Union Pacific 100 344,735 4,255,1561 l:514 Salo 1393% Sale 140% Sale 135 Nov. 9 14134 Nov. 18 1153% J tn. 2 Nov. 18 100 9,735 1413-4 Preferred 73,966 a79%3 Sale 82% Sale 83% Sale 82% Nov. 1 843% Nov.22 79 Mar. 1 843% Nov. 22 Warrants 100 11,424 353,4 Nov. 27 35,41 Nov. 27 27%1 Feb. 24 Nov. 27 0 21,550 353-4 United Rys Investment10 375,995 7 8 24 Safe 22 Sale 21 Nov. 10 25%3 Nov.23 8 Jan. 5 273,4 Oct. 1 Preferred 100 11,200 209,660,1 22 233% 42 Sale 39% Sale 38 Nov. 18 43 Nov. 24 213% Mar. 15 474 Oct. 1 Virginia Ety & Power._100 650 650' 48 45 48 45 Nov. 19 473.4 Nov.23 45 Nov. 19 Nov. 23 _ _100 4734 Preferred _ 1 96% 88 98% Wabash (new) when Iss_ 81,145 162,530, 17 Sale 164 Sale 15% Nov. 6 1714 Nov. 1234 Oct. 15 17% Nov. 1 Preferred A when issued 81,600 172,000, 48% Sale 46% S ile 45 Nov. 9 49% Nov. 435-4 Oct. 16 49% Nov. 1 Preferred B when issued 114,050 233,750' 31% Sale 29% Sale 28% Nov. 9 32% Nov. 253-4 Oct. 16 3254 Nov. 1 Wabash 100 119,972' % 7.4 % May 26 2 April 30 Preferred 100 110,301 1% 2 14 June 28 63.4 April 29 Western 'VlarylandRy_100 175,433 198,283 10 Sale 34 Sale 323-4 Sale 323% Nov. 10 355% Nov. 1 9 q, Jan 4 351-4 Oct. 11 Preferred _ _100 18,390 20,090 29 49 Sale 45 49 483-4 Nov. 11 4931 Nov. 3 25 ran. 5 5034 Oct. 11 Wheeling & Lake Erie 100 65,185 97,860 2 3 4% Sale 53-4 Sale 44 Nov. 1 6 1.1 Nov. 4 % July 23 64, Nov. 4 First preferred ._ 100 18,705 26,955 9 12 14 Sale 15 18 11 Nov. 9 1931 Nov. 21 2 km. 2 1931 Nov. 24 Secono. preferred._ 100 ,42,950 58,650 3 4 5% Sale 694 63% 4 Nov. 9 83-4 Nov. 23 A Aug. m 8% Nov. 23 Wisconsin Contral 100 31,020 35,920 31) 39 44 Sale 40 Sale 31 Nov. 8 45 Nov. 1 28 Tatv 26 45 Nov. 1

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis 32 STOCKS-STOCK EXCHANGE RECORD 1Vor,. 101.

SALES TO DEC. 1. PRICES IN NOVEMBER. RANGE SINCE JAN. 1. STOCKS. Price about N 1/ STOCK EXC1I'13E In I Since Jan. 2 November Jan. 1. 1915. Nov. 1. Nov. 30. Lowest. Highest. Lowest. Highest. Par Shares. Shares. Bid. Ask. Bid. Ask. Bid. Ask. Sale Prices. Sale Prices. Sale Prices. Sale Prices. Industrial and bliseellan Adams Express 100 10,133 13,293 88 100 105 115 120 a1024Nov. 3 120 Nov. 16 80 Jan. 22 120 Nov. 16 Alaska Gold Mines 10 1,109,970 1,361,920 26% Sale 323% Sale 253% Sale 23%3 Nov. 30 333% Nov. 4 233% Nov. 30 404 April 22 Alaska Juneau Gold Mg 10 140,200 267,800 124 Sale 103% Sale 103% Nov. 30 134 Nov. 4 103% Nov. 30 134 Nov. 4 Allis Chal Mfg v t c___100 2,411,386 2,590,776 63% 9 42% Sale 343% Sale 27 Nov. 10 424 Nov. 1 73% Jan. 12 494 Oct. 4 Preferred v t c 100 441,444 504,764 344 37 74% Sale 82 Sale 713% Nov. 10 83 Nov. 29 33 Feb. 10 83 Nov. 29 Amer Agricul Chem_ 100 190,510 217,360 _____ 48 72% Sale 72 73 70 Nov. 3 743% Nov. 8 48 Jan. 4 744 Nov. 8 Preferred 100 7,930 10,380' 89 91 934 Sale 98%3 Sale 973% Nov. 4 1013% Nov. 19 90 Mar. 27 1014 Nov. 19 _100 American Beet Sugar_ 1,297,190 1,442,865 334 Sale 67 Sale 704 Sale 65 Nov. 9 713% Nov. 30 333% Jan. 6 713% Nov. 30 Preferred 100 7,771 8,871 81 84 93% Sale 94 95 933% 24 17,697 Nov. 1 95 Nov. 24 83 Feb. 1 95 Nov. Am Brake S & F ctfs 100 19,331 87 97 1014 Sale 102 103 994 Nov. 9 1013% Nov. 24 Feb. 25 1093% Aug. 9 100 873% Preferred ctfs 24,673 27,4731 136 210% Sale 195 200 190 Nov. 10,210% Nov. 1 1324 Mar. 25 2193% Oct. 28 American Can 100 4,629,670 5,024,200 25%3 Sale 62% Sale 63 Sale 563% Nov. 101 643% Nov. 26 25 Feb. 24 684 Oct. 4 Preferred 100 115,992 129,672 89 91 106 107 112 Sale 105%3 Nov. 101134 Nov. 30 913% Jan. 5 1133% Nov. 30 Amer Car & Foundry_ _100 1,780,502 1,935,577 444 Sale 87% Sale 81%3 Sale 76%3 Nov. 10 883% Nov. 3 40 Feb. 23 98 Oct. 4 Preferred 1001 14,220 15,77 111% 1154 116% Sale 1173% Sale 1163% Nov. 11173% Nov. 30 1114 May 25 118 Aug. 17 American Cities pref 100 1,270 1,57 42 Nov. 26 46 Nov. 29 42 Nov. 26 60 Jan. 12 Am Coal of Alleg Co....25 250 276,5421400 22 20 25 Nov. 10 25 Nov. 10 23 Oct. 21 25 Nov. 10 Amer Coal Products_ _100 268,442 83 150 Sale 147 Sale 1353% Nov. 9 150 Nov. 1 82 Jan. 20 1704 July 12 Preferred 100 5,050 5,25(Y 104 105 113 115 115 120 119 Nov. 22 119 Nov. 22 al05 Jan. 7 120 Sept. 11 Rights 800 800 13% Oct. 14 13% Oct. 14 American Cotton 011_100 289,465 306,365 384 39 624 Sale 157 584 x574 Nov. 11 63 Nov. 41 39 Jan. 4 64 Oct. 23 Preferred 1001 6,558 7,691 91 974 99 101 993% Sale 993% Nov. 22'102% Nov. 5' 91 June 25 1023% Nov. 5 American Express- .10() 15,591 21,076 97 107 111 1234 Sale 110 Nov. 31133%3 Nov. 17 a83 Feb. 17 1333% Nov. 17 Amer Hide & Leather.100 13,249 240,916 4% 4% 13 Sale 113% Sale 103% Nov. 10 133% Nov. 11 43% Feb. 19 143% Oct. 22 Preferred 100, 25,525 384,150 18 19% 58 Sale 514 Sale 47 Nov. 10 583% Nov. 1! 1943 Jan. 5 594 Oct. 22 Amer Ice Securities_ 1001 33,725 280,725 20% 21 25 Sale 273% Sale 25 Nov. 1 28%3 Nov. 15 203% Jan. 4 35 April 30 American Linseed___ _1001 51,250 540,305 7% Sale 28% Sale 243% Sale 21 Nov. 10 28%3 Nov. 1 73% Jan. 2 313% Oct.' 25 Preferred 100 19,220 146,069 25 484 Sale 423% Sale 41 Nov. 9 484 Nov. 1 24 Jan. 5 503% Oct. 25 American Locomotive_1001 247,350 2,072,600 23 Sale 71 Sale 713% Sale 583% Nov. 10 73%3 Nov. 29 19 Mar. 2 74%3 Oct. 23 Preferred 100, 09 10p1-9075,61 - ,i . 16 105 .8 •c American Malt Corp_ _T00 8 12% Sale 9 ov. 6 iihriPg. Preferred 100 3,300 29,664 33 37 Sale 33 Sale 313% Nov. 24 37 Nov. l' 214 May 27 37 Oct. 28 Am Smelt Sec, pref B.100 3,550 12,839 - g-- 80 853% Sale 83 Nov. 10 853% Nov. 26 78 Jan. 19 853% Nov. 20 Preferred ser A stamped 9,130 12,526 90 904 864 Nov. 5 91 Nov. 19 86 Oct. 6 91%3 Nov. 19 Amer Smelt & Refin 100 419,450 2,088,815 59 Sale 93% Sale 199 Sale 903% Nov. 3 x1014Nov.26 56 Jan. 2 x101%Nov .26 Preferred 100 5,298 39,670 99 100 109 1094 11104Sale 1093% Nov. 4I1113 Nov. 18 100 Jan. 4 113 Nov. 18 American Snuff 100 325 8,401 155 1151 1.55 150 152 1503% Nov. 11 105 Nov. 13 144 Jan. 16 165 April 22 Preferred, new 100 915 2,306 107 Sale 106 1103% 106 Nov. 9 1103% Nov. 5 103 Jan. 19 1103% Nov. 5 Amer Steel Founciries_100 55,000 567,297 26 32 1 683% Sale 603% Sale I 57 Nov. 10 683% Nov. 1, 244 Mar. 5 7441 Oct. 19 American Sugar Refin_100 80,408 406,005 102 105 1133% Sale 118 Sale 1133% Nov. 11103% Nov. 5 994 Feb. 24 119%7 Nov. 5 Preferred, new 100 4,480 20,743 111 1143% 1153% Sale 1194 Sale 1153% Nov. 1 1193% Nov. 30 109 Feb. 5 1193% Nov. 30 Amer Teleg & Cable_ _100 90 4,418 58 62 65 x634 67 a63 Nov. 9a64 Nov. 9 58 Mar. 18 a65 July 20 Amer Teleph & Teleg_100 112,625 371,670 1153% 117 125 Sale 1287% Sale 125 Nov. 111303% Nov. 4 116 Jan. 4 1303% Nov. 4 American Tobacco 100 21,112 99,460 215 220 230 Sale j2173%Sale 1212 Nov. 20.237 Nov. 13 212 Nov. 29 2524 April 22 Preferred 100 1 108 Sept. 31103% Sept. 25 Preferred, new 100 2,300 24,567 101% 1034 110 Sale 108% Sale 1083% Nov. 30 111 Nov. 23 1033% Jan. 4 111 Nov. 23 American Woolen_ _ _ _100 37,785 284,950 15 25 54 Sale 50% Sale 1 46 Nov. 10 513% Nov. 1 1543 Mar. 6 574 Oct. 20 Certificates of deposit__ 11,700 46,250' 52% Sale 50 Salo 46 Nov. 10 534 Nov. 16 46 Nov. 10 56 Oct. 20 Preferred 100 6,455 52,784 77 78 98 Sale 97% 98 973% Nov. 1 983% Nov. 16 773% Feb. 27 100 Oct. 4 Certificates of deposit 3,781 5,281 95 98 97% 98 97 Nov. 4 994 Nov. 15 96 Oct. 22 993% Nov. 15 Am Writing Paper, pt.100 2,600 17,815 11 94 11 11 Nov. 3 143% Nov. 5 5 July 3 15 April 20 Anaconda Copper____ 50 854,280 3,311,751 a 25% Sale 82% Sale sw, Sale 813% Nov. 3 913% Nov. 17 a 243% Feb.24 91%5 Nov. 17 Assets Realization____100 600 10,945 5 10 10 Sale 64 10 8 Nov. 21 10 Nov. l' 5 Jan. 4 14 Oct. 27 Associated Oil 100 6,300 6,300 583% Sale 55 Nov. 29 684 Nov. 22 55 Nov. 29 684 Nov. 22 Baldwin Locomotive_ _100 540,180 3,340,765 40 134 Sale 114 Sale 10.53% Nov. 10 1374 Nov. 1 263% Mar. 3 1543% Oct. 23 Preferred 100 1,600 19,269 105 109 110 111 112 109 Nov. 3 112 Nov. 27 92 Mar. 9 114 Sept. 29 Batopilas Mining 20, 37,740 91,790 4 Xi 1% 1% 23% Sale 13% Nov. 9 33% Nov. 29 Feb. 5 34 Nov. 29 Bethlehem Steel Corp_ 1001 17,060 1,514,337 46% Sale 500 Sale 460 Sale 400 Nov. 10 500 Nov. I 463% Jan. 2 600 Oct. 25 100' 4,270 92,628 91 Sale 1664 Sale 1604 Sale 1603% Nov. 9 167 Nov. 3 91 Jan. 2 Preferred 1 184 Oct. 22 Booth Fiseries 10 • 2,00()1 40 34 1 40 Aug. 16 424 Aug. 17 Preferred 10001 100 79 783% 1 80 Aug. 16 80 Aug. 16 Brooklyn Union Gas_ _1001 1,625 13,2011 133 Sale 1343% Sale 1323% Nov. 6 137 Nov. 29 118 Jan 5 1383% Oct. 14 Brown Shoe Co 1001 645 3220, , 374 42 45 Sale 40 Nov. 3 45 Nov. 10 23 May 14 45 Nov. 10 Preferred 100 1,620 4,3901 85 88% Sale 923% 94 883% Nov. I 93 Nov. 24 04 Aug. 9 93 Nov. 24 Brunsw'kTerm&RySec.100 15,997 23,022 103% Sale 84 Nov. 3 133% Nov. 5 43% Mar. 12 133% Nov. 5 Burns Bros 100 1,950 18,610 84 88 833% Sale 82 Nov. 17 86 Nov. 4 82 Nov. 17 943% Oct. 19 Preferred 100 100, 104 110 1108 Oct. 18 108 Oct. 18 Butterick 100 1,500 11,978' 27 28 30 31 31 Sale 30 Nov. 3 32 Nov. 12 27 Feb. 4 363% Oct. 2 Butte & Sup Cop, Ltd__ 10 66,495 476,824 68% Sale 73 Sale 643% Nov. I() 747% Nov. 29 53 May 10 793% June 4 Calif Petrol cot tr ctf_ _100 10,675 315,423 10% Sale 194 Sale 26% Sale 184 Nov. 10 283% Nov. 22 8 July 26 283% Nov. 22 Preferred 100 34,950 120,618 51% 43 Sale 574 Sale 43 Nov. 1 59 Nov. 22 30 July 26 59 Nov. 22 Case(J1)Thresh M pfctf 100 1,700 5,440 77 85 80 84 90 Sale 834 Nov. 4 903% Nov. 10 743% lime 5 904 Nov. 10 Central Leather. 100 131,821 1,609,286 37% Sale 59% Sale 593% Sale 56 Nov. 10 613% Nov. 1 325 Feb. 20 61 Nov. 4 Preferred 100 2,589 32,558 100 100% 108 Sale 1094 1104 108 Nov. 11103% Nov. 18 1003 Jan. 7 1104 Nov. 18 Cent & So Amer Teleg_100 140 522, 1134 135 134 1314 al31 Nov. 15 135 Nov. 19 all)) Jan. 613.3 Nov. 19 Chile Copper 25 34,652 34,652, 25% Sale 253% Nov. 24 26% Nov. 241 253% Noy. 24 263% Nov. 24 Chino Copper 5 164,990 1,265,210; 334 Sale 52% Sale 54% Sale 513% Nov. 101 573% Nov. 17 3234 Jan. 6 57%3 Nov. 17 Cluett, Peabody & Co_100 7,695 18,820, 67 69 Sale 74 Sale 06 Nov. 10 75 Nov. 30 a55 April 28 793% Oct. 20 Preferred 100 8,060 97% 100 109 112 109 112 98 Jan. 20 1103% Oct. 23 Colorado Fuel & Iron_ _100 150,450 2,016,520' 20 23 58% Sale 51% Sale 483% Nov. 9 583% Nov. 1 21 34 Jan. 5 664 Sept. 29 Computing-Tab-Rec_ _100 2,550 2,550 44 Sale 414 Nov. 23 48 Nov. 11 471e4 mNoavy. 203 4281c. JNuonvo 131 Comstock Tunnel_ 2 356,850, ConsGas El L&P(Balt)100 850 850 11434 114% 1113% Nov. 131133% Nov. 20 1113% Nov. 131133% Nov. 20 Consolidated Gas N Y _100 92,800 462,9041 114 Salo 1424 Sale 1144 Sale 1413% Nov. 1 147 Nov. 4 11343 Jan. 4 1503% Oct. 15 Continental Can Inc 100 30,225 330,910, 40 42 99% Sale 90 Sale 85 Nov. 10 100 Nov. 1 403% Jars. 4 127 Oct. 5 Preferred _100 625 24,486 87 88 104 1054 107 1084 1067% Nov. 20 108 Nov. 24 884 Jan. 5 109 Oct. 1 Corn Products Refin_ _100 55,505 1,007,710 84 Sale 20% Sale 18% Sale 184 Nov. 10 203% Nov. 1 8 Jan. 2 214 Oct. 25 Preferred 100 7,075 67,571! 63 67 90 Sale 87% Sale 873% Nov. 30 91 Nov. 12 165 Jan. 5 91 Oct. 25 Crex Carpet 100 50 1,054' 69 40 60 a41 Sale a-il Nov. 30,a41 Nov. 30 36 Sept. 16 49 May 7 Crucible Steel of Amer.100 303,350 4,510,935' 85 Sale 744 Sale 67 Nov. 10' 85 Nov. 1 183% May 10 1093% Sept. 29 Preferred 100, 13,810 107,081' 107% Sale 1104 111% 103 Nov. 101123% Nov. 24 84 May 191123% Sept. 29 Cuban-Amer Sugar__ _1001 42,907 172,961 48 119% Sale 173 Sale 111 Nov. 10 1743% Nov. 30 38 Jan. 23 1743% Nov. 30 Preferred 100 1,900 8,785, 95 102 106 Sale 102 Nov. 8 106 Nov. 30 93 Mar. 10 110 Sept. 14 Deere & Co pref 100, 630 4,740, 90 96 Sale 96 98 953% Nov. 271 97 Nov. 3 80 April 8 99 Sept 17 Detroit Edison _ 1001 1,189 5,5071 133 Sale 131 1324 130 Nov. 15!133 Nov. 1 al 11% _Feb. 5 al34% Oct.29 Diamond Match 100 3,100 3,122 x118 Sale z116 Nov. 30.z122 Nov. 30 x118 Nov. 30 x122 Nov. 30 Distillers' Secur Corp_ 100 199,225 1,203,232' 114 12 49 Sale 48 Sale 384 Nov. 101 493% Nov. 221 54 Mar. 21 503% Oct. 29 • Dome Mines Ltd (Thel_10 59,760 319,284' 26% Sale 128% Sale 24 Nov. 10'j293% Nov. 2911600% JAri)rrwil 2501 102940 sNeopvt 293 E I du Pont Pow pref l00 1,920 Eastman Kodak 100 11 500 500 a605 Aug. 27 a605 Aug. 27 Elec Storage Battery_ _100 6,225 65,025 72 Salo 70% Sale 63 Nov. 20 72. Nov. 1 63 Nov. 20 783% Sept. 25 Federal Min & Smelt_ _100, 2,200 44,896 10 30 Sale 26 344 30 Nov. 1 354 Nov. 12 8 Mar. 24 60 Juno 12 Preferred 100' 10,200 180,165; 28% 33 53% Sale 1504 53 504 Nov. 10 563% Nov. 12 20 Mar. 13 65 June 12 General Chemical 100' 500 15,593 160 165 310 Sale 326 330 3283% Nov. 27 340 Nov. 1 165 Jan. 26 360 Oct. 8 Preferred 100' 529 6,732 107 110 112 114% al164Sale 1 123% Nov. 8 114 Nov. 9 106 Mar. 1 al1434 Oct. 30 General Electric 100! 38,900 656,378' 182% Sale 176 Sale 174 Nov. 20 183 Nov. • 1 138 Mar. 3,1853% Oct. 4 Gen Motors cot tr ctfs_ 100 17,181 326,5771 82 Sale 393 Sale 462 Sale 365 Nov. 3,476 Nov. 29 82 Jan. 2 476 Nov. 29 Preferred cot tr ctfa_ 100 6,572 72,838 85 003% 113% 115 113 Nov. 26;11.5% Nov. 18 903% Jan. 4 1154 Sept. 13 Goodrich (B F) 100 112,015 2,065,290 23 25 77 Sale 71% Sale 6734 Nov. 101 773% Nov. 1 243% Jan. 7 803% Oct. 14 Preferred 100 710 29,760 92 954 110% 1144 111 Salo 111 Nov. 30113 Nov. 4 95 Jan. 14 1144 Oct. 27 Granby Cons M,S & P.100 1,070 ' 793% April 19 91 June 14 Greene Cananea Copp.100 26,860 35,750 40 Sale 454 Sale 38%3 Nov. 31 473% Nov. 23 37 Oct. 25 473% Nov. 23 Guggenheim Explor _25 309,510 1,058,799 444 454 73 Sale 784 Sale 693% Nov. 10, 804 Nov 26 454 Jan. 7 803% Nov. 26 G W Helme _ 100 100 200 175 168 165 185 165 Nov. 29 165 Nov. 29 165 Nov. 29 175 April 22 1144 Preferred 100 100 400 115 1144 sale 1143% Nov. 30 1144 Nov. 30 112 Jan. 20 Nov. 30 Homestake Mining_ _ _100 459 5,340 112 1174 1194 121 122 a120 Nov. 5 al21%Nov.26 all4 Jan. 8 al21%Nov.26 Inspiration Cons Cop_ .20 518,105 3,353,321 16% Sale 46%3 Sale 457% Sale 413% Nov. 10 474 Nov. 17 1654 .ran. 2 474 Oct. 7 Jot Agric Corp v t c 100 21,800 104,094 12 2734 Sale 244 Sale 24 Nov. 16 29% Nov. 1 54 Mar. 31 293% Nov. 1 Preferred v t e._ _ ..l00 25,025 96,040 20 65 Sale 60 Sale 54 Nov. 9 6743 Nov. 1 8 Mar. 15 673% Nov. 1 Jot Harvester of N J_ _100 15,650 152,370 89 109%3 1104 1094 Sale 107 Nov. 10 1 1 1% Nov. 5 90 May 10 114 June 4 Preferred . _100 400 3,020 1164 118 Sale 118 Sale 118 Nov. 1 120 Nov. 4 1093% May 28 120 Nov. 4 Int Harvester Corp.__ 100 1,400 9,730 73 66 70 694 71 69 Nov. 19 71 Nov. 12 55 Feb. 20 80 April 10 Preferred _ 100 100 2,197 115 '116 106 Sale 106 Nov. 30 106 Nov. 30 90 Mar 6 114 Jan. 14 Int Mere Mar pf tr Ws_ _ 296,880 296,880 674 Sale 554 Nov. 111 75%3 Nov. 16 553% Nov. 11 753% Nov. 10 Internal Nickel v t c_ 100 13,786 58,578 196 Sale 1185 Sale 180 Nov. 10 200 Nov. 1 180 Nov. 10 2234 Oct. 5 Preferred vol tr ctfs_ 100 370 985 103 Sale 107 109 108 Nov. 11083% Nov. 11 1053% Oct. 19 110 Oct. 5 Interuatioual Paper 100 33,450 149,675 7% 8 113% Sale 114 Sale 11 Nov. 3 1245 Nov. 5 8 Jan. 6, 12/5s Nov. 5

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis DEC. 1915.1 STOCKS-STOCK EXCHANGE RECORD. 33

SALES TO DEC. 1. PRICES IN NOVEMBER. RANGE SINCE JAN. 1 STOCKS. , Price about ••••• N Y STOCK EXCHTIE In Since Jan. 2 November Jan. 1. 1915. Nov. 1. Nov. 30. Lowest. Highest. Lowest. Highest. Par Shares. Shares Bid. Ask. Bid. Ask. Bid. Ask. Sale Prices. Sale Prices. Sale Prices. Sale Prices. Internael Paper pref _100 21,300 92,320 33 34 42 Sale 454 Salo 42 Nov. 1 48 Nov'. 5 33 Feb. 24 48 Nov. 5 Kayser it: Co (Juilus)_100 500 5,673, 84 83 86 80 86 84 Nov. 10 85 Nov. 8 76 Aug. 24 88 April 26 1st preferred 100 7151103 106 112 106 111 107 Jan. 13 109 April 19 Kings Co Elec Lt ,t P_ _100 396 1,981 1283% Sale 126 1273% 1283% Nov. 1 a130 Nov. 81 a1204Mar.22 a130 Nov. 8 Kresge (S 5) Co 100 70 23,045 94 983% 227 248 a250 Sale 240 Nov. 5 250 Nov. 4 99 Jan. 18 250 Nov. 4 Preferred 100 500 4,710 1003% 1103% 111 110 110 Nov. 11 112 Nov. 19 1054 Feb. 15 112 Sept. 15 Lackawanna Steel__ 100 191,595 837,212 833% Sale 82%3 Sale 67 Nov. 10 854 Nov. 26: 28 Jan. 7 943% Sept. 29 Laclede Gas (St Louls).100 600 20,409 88 92 1033% Sale 105 Sale 103 Nov. 10 1053% Nov. 19: 927% Jan. 15 106 April 13 Liggett & Myers Tob 100 6,050 19,299 204 215 248 Sale 5242 256 246 Nov. 1 259 Nov. 13, 207 Jan. 9 259 Nov. 13 Prefef red 100 1,400 115 1174 Sale 118 1193% 117 Nov. 10 1194 Nov. 18! 113% Jan. 5 119% Sept. 9 Loose-Wiles Bis tr ctfs_100 1,0(10 182:9 89821 26 30 27 294 24 263% 26 Nov. 26 29 Nov. 3 16 Feb. 23 31 Jan. 11 First preferred 100 410 6,470 100 103 91 953% 95 98 95 Nov. 5 955% Nov. 5: 86 Feb. 20 1053% Jan. 13 Second preferred_ 100 943% 64 68 65 a65 Nov. 24 a65 Nov. 24 60 June 15 673% Oct. 18 P Lorillard 100 2,83010113,16204 159 170 182 Sale 1823% 190 182 Nov. 1 189 Nov. 15 1653% Jan. 6 189 Nov. 15 Preferred 100 111 115 Sale 1154 Sale 115 Nov. 1 1155% Nov. 1 112 Sept. 14 118 Jan. 19 Mackay Companies_ 100 1,20084,000 11:9751861 70 75 803% Sale 80% Sale 805% Nov. 1 84 Nov. 5 7254 Jan. 11 34 Nov. 5 Preferred 100 3,114 11,8171 68 65 Sale 654 66 65 Nov. 1 66 Nov. 4 643% Oct. 28 693% Jan. 19 Manhattan Shirt 100 2008,708020; 56 65 60 65 623% Nov. 29 625% Nov. 29 50 Jan. 28 694 April 23 Preferred 100 910 1033% 115 103 109 1073% Nov. 24 108 Nov. 9 101 April 27 108 Nov. 9 Maxwell Motor tr ctf_ 100 157,897 1,197,8071 153% Sale 823% Sale 743% Sale 623% Nov. 10 83 Nov. 1 154 Jan. 6 92 Oct. 26 1st preferred IT ctf 100 28,265 491,0571 434 Sale 1023% Sale 100 Sale 963% Nov. 10 1023% Nov. 15 434 Jan. 2 103 Oct. 26 2d preferred tr ctf 100 44,300 751,370, 183% Sale 653% Sale 55 Sale 503% Nov. 10 653% Nov. 1 18 Jan. 6 683% Oct. 26 May Dept Stores 100 9,500 25,410, 56 50 55 633% Sale 50 Nov. 3 635% Nov. 30 35 July 26 637% Nov. 30 Preferred 100 100 5,350; 96% 94 102 102 Nov. 26 102 Nov. 26 945% April 27 102 Nov. 26 Mexican Petroleum__.. 100 263,180 2,575,2381 5234 55 904 Sale 944 Sale 84 Nov. 10 953% Nov. 22 51 Jan. 9 97 April 26 100 1,500 18,178, 69 76 82 86 87 90 853% Nov. 16 90 Nov. 17 67 Jan. 15 94 April 26 Preferred 10 355% Miami Copper 5 89,900 967,692 17 17%!x36 Sale 5344 Sale 5323% Nov. Nov. 17 174 Jan. 6 355% Oct. 30 Montana Power 100 32,350 172,5941 42 603% Sale 69 Sale 583% Nov. 9 694 Nov. 29 42 Jan. 4 6934 Oct. 29 100 2,800 19,055; 100 1073% 1123% Sale 1083% Nov. 3 114 Nov. 8 99 Jan. 29 114 Nov. 8 Preferred 1 5 National Biscuit 100 2,807 45,070 1184 121 125 Sale a12.53% Sale 125 Nov. 128% Nov. 26 116 April 3 132 Jan. 22 Preferred 100 241 6,409, 123 121 1253% Sale 121 Nov. 16 1255% Nov. 30 119 May 25 126 Feb. 3 Nat Cloak & Suit _ 100 2,780 45,140 82 Sale 79 Sale 764 Nov. 19 82 Nov. 1 68 Mar. 25 90 Aug. 27 __ 100 1,005 9,016 1110 Sale 1083% Nov. 24 111 Nov. 18 1003% Mar. 27 111 Nov. 18 Preferred 26 Nat Enamel & Stamp 100 34,150 489,521; 93% 103% 343% Sale 283% Sale Nov. 10 343% Nov. 11 93% Jan. 4 363% Oct. 25 Preferred 100 930 5,980 78 90 91 Sale 94 96 91 Nov. 1 94 Nov. 26 79 April 1 94 Nov. 26 National Lead 100 31,450 559,068, 433% 44 67 Sale 643% 65 63 Nov. 10 684 Nov. 5! 44 Jan. 4 70% May 1 Preferred. 100 2,020 12,8211104 107 1104 Sale 112 Sale 1104 Nov. 1 115 Nov. 15; 1043% Jan. 4 115 Nov. 15 Nevada Consol Copper_ _5 66,170 366,133, 113% Sale 153% Sale 163% Sale 155% Nov. 10 17 Nov. 171 113% Feb. 24 17 Nov. 17 New York Air Brake_ 100 20,240 512,183' 59 Sale 1443% Sale 139 Sale 128 Nov. 10 145 Nov. 12' 563% Feb. 27 164%3 Sept. 22 New York Dock iooJ 2,151 2,1511 174 14 Nov. 17 184 Nov. 23. 14 Nov. 17 183.4 Nov. 23 Preferred 100 44 44 25 40 a25 Nov. 15 a25 Nov. 15;a25 Nov. 15 a25 Nov. 15 No Amer Co new stock.100 12,800 102,910 673% 683% 744 Sale 743% Sale 71% Nov. 12 754 Nov. 29; 64 Jan. 19 81 April 21 Ontario Silver Mining _100 34,488 54,2371 2 3 3 4 73% Sale 34 Nov. 4 73% Nov. 30' 2 Feb. 23 7% Nov. 30 Pacific Mall SS 100 15,625 201,675' 19 21 32 Sale 334 Sale 305% Nov. 3 34 Nov. 6 18 Mar. 17 38 Aug. 3 Pacific Telep & Teleg_100 9,350 61,572: 23 27 43 443% 423% Salo 42 Nov. 9 484 Nov. 4 263% Feb. 11 49% Oct. 1 Preferred 100 390 893% 95 a88 Feb. 15 95 Sept. 9 People's Gag L & Coke_100 4,100 57,5131163% 1173%;x1183% Sale 1174 Sale 5117 Nov. 9 119 Nov. 51123% May 10 1233% April 3 Pettibone -M ulliken_ _ _ 100 600 19,027! 12 27 75 78 55 65 59 Nov. 26 75 Nov. 3 15 Mar. 5 84 Oct. 15 1st preferred__ . _100 100 1,650 95 100 93 100 953% Nov. 6 953% Nov. 6 83 May 4 98 Oct. 8 Philadelphia Co(Pitts)50 21,300 253,5511 46 Sale 443% Sale 413% Nov. 10 464 Nov. 11 353% April 7 49 Sept. 30 Pittsburgh Coal of N J.100 85,580 884,415 153% 163% 383% Sale 355% Sale 29 Nov. 9 39 Nov. 11 154 Jan. 4 423% Oct. 14 Preferred 100 12,925 189,250 80 83 1073% Sale 1083% Sale 1033% Nov. 10 1093% Nov. 26 815% Jan. 4 114 Oct. 14 Pittsburgh Steel pref 100 3,150 7,240 82 935% 97 51013%Sale 97 Nov. 3 51014Nov. 301 74 May 12 1013% Nov. 30 Pressed Steel Car 100 58,280 1,118,7171 33% Sale 72% Sale 65% Sale 60 Nov. 10 73% Nov. 1 25 Mar. 6 784 Oct. 4 Preferred 100 1,465 11,034 101 105 106 105 106 1033% Nov. 5 1053% Nov. 26; 86 Mar. 10 106 Oct. 26 Pub Serv Corp of N J_100 2,895 9,1471 1123% Sale 110 114 1123% Nov. 1 119 Nov. 16100 July 20 119 Nov. 16 100 15,305 77,198 151 153 Sale 169 Sale 1633% Nov. 17 169% Nov. 291505% Mar. 16 1704 Oct. 23 Pullman Company 1683% %3 Quicksilver Mining__ _100 10,475 88,020 13% Sale 53% Sale 4 44 35% Nov. 26 5 Nov. 1! 4 Mar. 15 53% Nov. 1 Preferred 100 2,125 41,005 13% 2 6% Sale 5 Sale 43% Nov. 5 65% Nov. 1 % Mar. 29 63% Nov. 1 Railway Steel Spring_ _100 22,725 461,005 49 Sale 45 474 423% Nov. 10 493% Nov. 4 19 Mar. 6 54 Oct. 1 Preferred 100 1,500 8,335 90 994 Sale 102 Sale 99 Nov. 8 102 Nov. 30 863% April 12 102 Nov. 30 Ray Cons& Copper. _10 203,182 1,440,505 154 Sale 263% Sale 253% Sale 25 Nov. 10 273% Nov. 17, 154 Jan. 21 2734 Nov. 17 Republic Iron Ar Steel_100 80,000 1,646,045 183% 20 543% Sale .51 Sale 47 Nov. 10 553% Nov. 11 19 Feb. 11 563% Oct. 19 Preferred _ 100 9,700 109,744 763% 1044 Sale 110 Sale 1043% Nov. 3 110 Nov. 30, 72 Jan. 30 110 Nov. 30 Rumely (M) Co 100 12,900 473,702 4 Sale 53% Sale 34 4 27% Nov. 12 634 Nov. 3, % Jan. 22 14 Aug. 13 Certificates of deposit__ 5,900 6,500 43% Sale 14 16 33% Nov. 10 d1434 Nov. 29 33% Nov. 10 d1434 Nov. 29 Preferred__ 100 4,500 183,240 19 83% Sale 7 11 74 Nov. 9 113% Nov. 3 23% Jan. 20 184 Aug. 12 Certificates of deposit 1,700 1,800 26 28 73% Nov. 9 d29 Nov. 24 74 Oct. 23 d29 Nov. 24 Sears Roebuck At (Jo..100 14,560 109,457, 184 Sale 156 Sale 1723% Sale 1553% Nov. 111723% Nov. 30 b131%3 Mar.17 2093% Feb. 1 Preferred 100 50 4,869 1213% 1243% 1243% a1244Nov. 3 a1243%Nov. 31213% Jan. 4 1253% Feb. 19 Sloss-Sheffield Steel&I.100 13,500 248.429 213% 24 62%3 Sale 60 Sale 553% Nov. 10 623% Nov. 1: 24 Jan. 6, 65 Sept. 29 Preferred 100 1,410 3,305, 923% Sale 95 Sale 92 Nov. 10 99 Nov. 18 85 May 6 99 Nov. 18 So Porto Rico Sugar_ 100 10,875 23,684! 132 Sale 156 Sale 110 Nov. 10 156 Nov. 30 40 Feb. 16 156 Nov. 30 Preferred 100 300 1,140, 105 110 110 Sale 110 Nov. 5 110 Nov. 5 893% Feb. 4 110 Oct. 18 Standard Milling 100 4,880 31,9541 42 45 75 79 85 88 78 Nov. 17 89 Nov. 27! 433% Feb. 23! 89 Nov. 27 Preferred. 100 1,425 13,159; 66 683% 793% 813% 84 86 79 Nov. 15 85 Nov. 29 66 Feb. 171 85 Nov. 29 Studebaker Corp (The)100 169,070 2,050,7711 353% sale 173 sale 1533% Sale 140 Nov. 9 173 Nov. f 353% Jan. 2 195 Oct. 22 Preferred ', 100 4,325 43,105; 91 Sale 116 Sale 113 116 110 Nov. 23 1174 Nov. 11 91 Jan. 2 11934 Oct. 27 Tennessee Copper Co25 82,600 1,306,764! 323% Sale 644 Sale 58 Sale 493% Nov. 10 643% Nov. 1' 253% Feb. 24 70 Sept. 30 Texas Co (The) 100 78,300 545,674! 130 1343% 1703% Sale 211 Sale 165 Nov. 10 220 Nov. 24,120 May 14 220 Nov. 24 Subscription receipts_ __ 3,800 6,800, f1723%Nov. 16/212 Nov. 26/123 June 14 /212 Nov. 26 Texas Pac Land Trust 100 666' 96 106% 108 112 101% A ril 30 1054 July 12 Tobacco Prod Corp. pf 100 1,600 19,2971 99 101 102 Sale 993% Nov. 3 103 Nov. 151 95May 14 103 Nov. 15 Underwood Typewriter100 11,575 70 883% 90 80 90 883% Nov. 5 883% Nov. 5; 55 Feb. 23, 97 Oct. 23 Preferred 100 120 1,8101 102 105 110 a10634 Sale 107 Nov. 10 107 Nov. 10, 984 May 22 107 Nov. 10 Union Bag &Paper 100 30,350 139,000; 4 6 73% Sale 74 75% 7 Nov. 1 83% Nov. 41 43/8 Jan. 4 8% Nov. 4 Preferret1 100 4,340 16,905! 20 31 25 273% 284 Sale 2.54 Nov. 9 283% Nov. 41 223% July 13 303% April 6 United Cigar Mfrs.._ 100 4,550 80,690; 403% 424 643% Sale 613% Sale 603% Nov. 27 6534 Nov. 11 42 Jan. 25 663% Oct. 27 Preferred __100 150 2,880, 973% 1003% 103 110 1054 Nov. 13 10.134 Nov. 13 100 June 19 110 Oct. 1 United Cigar Stores 10 62,915 141,190; 93% Sale 95% Sale 93% Nov. 23 103% Nov. 8 93% Nov. 23 103% Oct. 20 Preferred 10 2,100 5,600 12 Sale x114, 12 1134 Nov. 20 123-g Nov. 10 113% Oct. 23 123% Nov. 10 United Dry Goods Cos.100 100; 50 20 50 1 20 Oct. 13 20 Oct. 13 Preferred 1001 400 8,5941 35 50 67 72 68 Nov. 12 70 Nov. 3 483% Jan 12 75 Oct. 20 United Fruit 100 35,360 35,360 1583% Sale 139 Nov. 10 163 Nov. 17, 139 Nov. 10 163 Nov. 17 U S Cast Iron Pipe dr F.100 24,000 222,2371 8 Sale 303% Sale 2.534 Sale 253% Nov. 30 303% Nov. 4' 8 Jan. 2 317% Oct. 29 Preferred 100 5,500 27,565, 523% Sale 50 54 513% Nov. 1 553% Nov. 8 32% Mar. 3 553% Nov. 8 U S Express 100 900 13,990' 75 433% Sale 42 46 433% Nov. 1 453% Nov. 27, 433% Nov. 1 734 Mar. 9 U S Indust Alcohol__ _1001 49,930 487,990 15 25 1204 Sale 125 Sale 1013% Nov. 10 125 Nov. 30 15 Jan. 27 128 Oct. 23 Preferred 1001 400 15,290, 75 107 Sale 1027% Sale 1023% Nov. 30 107 Nov. 11 70 Jan 26 107 Nov. 1 US Realty ctr Ernprov. 1001 1,700 12,714; 51 36 Sale 37 41 36 Nov. 1 444 Nov. 41 25 Sept. 27 50 Jan. 12 U S Reduc ez Refg 1001 15,200 47,345' 33% 43% 44 54 3 Nov. 10 534 Nov. 22 14 April 26 101,,f June 14 Preferre,I. 1001 6,610 26,7851 391 5 a44 Sale 33% Nov. 9 536 Nov. 13 1 April 9 104 June 14 US Rubber 100; 80,770 1,195,353 517% Sale 56% Sale 543% Sale 524 Nov. 10 583% Nov. 5' 44 July 24 743% April 14 First preferred . 100 3,495 62,015 10047 1023% 1063% Sale 1073% Sale 1063% Nov. 15 1084 Nov. 16 1013% Feb. 24 110 April 9 Second preferred _ 100 100 1 763% Feb. 1 763% Feb. 1 United States Steel-100 1,918,875 21,324,207, 49 Sale 884 Sale 863% Sale 833% Nov. 9 883% Nov. 1! 38 Feb. 1 88% Nov. 1 Preferred 100 30,143 321,824 1043% 10.53% x1154 Sale 1153% Sale x1154 Nov. 11163% Nov. 1113102 Feb. 1 117 Oct. 30 Utah Copper. 10 374,720 2,568,225 493% 493% 7334 Sale 79%5 Sale 701 Nov. 10 813% Nov. 26, 483% Jan. 6 81% Nov. 26 Va-Carolina Chemical_ 1001 37,725 414,155' 15 503-6 Sale 463% Sale 433% Nov. 10 51 Nov. 11 15 Jan. 4 52 Oct. 26 Preferred . _ . _100 3,410 31,450 80 109 Sale 112 114 1084 Nov. 1 113 Nov. 26, 80 Jan. 6 113 Nov. 26 Va Iron Coal sit: -Coke_ _100 4,900 88,316,1 73 Sale 61 Sale 60 Nov. 18 73 Nov. 11 36 June 9 74 Oct. 26 Vulcan Detinning ____ 100 100 13,540 11 12 Nov. 3 12 Nov. 31 5 Jan. 21 19 Oct. 22 Preferred 100 165 1,185 43 Nov. 3 43 Nov. 3' 21 Jan. 22 43 Nov. 3 Ward, Montg & Co, of 100 220; 112 April 16 a1133%Sept. 4 Wells, Fargo Express_ _100 4,600 23,099 76 82 124 Sale 128 13:3 1234 Nov. 4 1345% Nov. 17 775% Jan. 6 1347% Nov. 17 Western Union Teleg _100 35,100 407,340 57 Sale 13% Sale14 88 Sale 813% Nov. 1 90 Nov. 4 57 Jan 2 90 Nov. 4 Westinghouse Air Brake.50 1,950 .._ 1480 140 Aug. 19 143 Sept. 23 Wesegh E Lt Mfg assent.50 538,940 9,344,609 3394 Sale 723% Sale 69% Sale 6334 Nov. 10 724 Nov. 4 32 Feb. 24 747% Oct. 26 First preferred 50 1,220 8,590 59 80 85 77 80 I 764 Nov. 16 8234 Nov. 5 583% Mar. 12 85 Oct. 21 Weyman -Bruton ____ 100 200 280 233 255 233 255 2:3236 April 6 255 May 10 Preferred . 100 1 115 112 Willys Overland. 100 17,950 281,666 262 Sale 242 Sale 210 Nov. 9 268 Nov. 1 87 Feb. 23 268 Nov. 1 Preferred on 6,200 22,615 ______109 110 11314 Sale 110 Nov. 3 1143% Nov. 16 96 Feb. 13 1143% Nov. 16 Woolworth (F WI 1(10 11.5.50 135.220, 90 92 115 Sale 51134Sale x111 Nov. 101153% Nov. 1 904 Jan. 61153% Nov. 1 ,9 ,,4 1:4 't 9n 1,i 1.,ror Q.1,. 122 Nov. 11 124 Nov. 30 115 1:in p124 Aug. 21 ex. a Less UV.I too 'tiaras. b Ex-rights. C Ex-div. SG rights. d lit paid. e 2d pald. I Full paid. 0 3d paid. h Es stock div. .4 Quoted dividend during the month and prior to this date. k Stamped extended. n Trust receipts. a Par $251 o 4th paid. w Fifth paid. z Ex-dividend

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis 44 NOTICE.-AllGENERAL bond prices are now "and interest" exceptQUOTATIONS where marked "1" and income and defaulted bonds. BONDS AND STOCKS. 1. In the following thirty pages of tables, quotations are given for all the more important securities listed on any Stock Exchange in the United States; also for leading unlisted and inactive securities. 2. Quotations from all Stock Exchanges are as near as possible for the closing day of the month preceding the date of issue. As the New York Stook Exchange began with Jan. 2 1909 to quote all bond prices "and interest," we have adopted the same method, and no longer employ a designating mark to indicate the fact except where there is a deviation from this rule. The reader will understand, therefore, that unless the letter "f" is prefixed to the price, he must pay accrued Interest in addition to the price. This, however, does not apply to income bonds or bonds in default, in which cases the price includes the interest, should there be any. 3 The letter "1" prefixed to bond prices denotes that the quotation is a flat price-that is, that the accrued interest forms part of the price, and therefore the purchaser does not have to provide for it separately in making payment. As already stated in the case of income bonds and bonds in default, the price is always "flat," and no designating mark is employel to indicate the fact. 4. Stock prices marked thus (d) are per share. All others are per cent except bank stock prices, which are quoted per share unless otherwise stated. 5. It should be borne in mind in the use of these tables that the quotations for many inactive and unlisted securities are merely nominal, but in all cases the figures are obtained from sources which are considered reliable. 6. The following abbreviations are often used, viz.: "M" for mortgage, "g" for gold, "g'd" for guaranteed, "end" for endorsed, "cons" for consolidated, "cony" for convertible, "s r" for sinking fund, "1 g' for land grant, "op" for optional. 7. The black-faced type in the letters showing the interest period indicates the month when the bonds mature NOTICE-All bond prices are now "and interest" except where marked "1" and income and defaulted bonds.

Bonds Bid. Ask. Bonds Bid. Ask. ! Bonds Bid. Ask. RAILROAD BONDS Bait & HarrIsb-See West Md Buff & Susquehanna RR Corp- Bonds of companies consord are Baltimore & Ohio- 1st 45 Dec 30 1963_ _ JAI 7234 73% often under the consolidated name. Prior lien 330 g 1925_ _ _J&J 92% 93 Burl Ced Rap&No-SeeCIII&P Adirondack-See Del & Hudson 1st M 4s g July 1 194S__AA0 91% 91%5 Burl & M.(Neb)-See C B & Q Akron & Barb Belt g 4s D 90 94 Cony 434 s1933 red 1923 MAS 96% 9634 ButteAnaconda & Pac 5s'44 FAA 96 97% Alabama Cent-See South'n Ry 4347 notes June I 1(117.JAD 100% California N W 5s 1928 gu. A&0 101 Ala Gt South 1st 5s Dec'27 _JAJ 90 434% notes June 1 1918_ JAD 10034 I Cam & Clear-let 5s g Gen M 5s Dec 106 109 1 1927 £__J&D,If *110034 Eq g 434s 1916 Feb '22 FA % b4.42%, 4.30%i Gen M g 4s 1955 F&A 91 94 let cons g 5s 1943 Ser A-1AD; 98 Eq 454s 1916-1923 A&O b4.42%, 4.30% Canada Southern- Eq se May 1916MAN 434 b 4% Pitt JcAM dly330 g'25MAN 9034 Cons gu g 5s 1962 ser A _ A &O 10334 105 Belt Ry of Chatt 53 1945 Pittsb Lake Erie & W Va- Can No-Land gr 9s 1919_ FAA Ala Midland-See Atl Coast Linl Refund gold 4s 1941_ _MAN 8634 8734 1st con deb 4s 1930 gu_J&I)30 . al 81 Alabama N On T & P Junc- S div 1st g 334); 1925__JA-1 91% 92% Coll tr 5% notes 1917_ 1%1AS If_-98% 09 "A" deb 5s g '40 red '10_ MAN If sl 9434 Central Ohlo- Can Nor Div 4s 1929 go.F&A "B""C"debg5sNov11940A&OIf_ deb g 5s'40 red '10_ MAN __ - al 75% Reor 1st con g 4 .is'30M,IirS 95 Eq 434s various If_ b EK%o _ Morton Rly let g Os 1919 FAA 95 Manitoba.t SE 1st 48.C'29 FAA __ -- Ala Tenn & Nor 5s 1956_ _A&O 90 Ohio RivI1R-lst g 5s'36J&D 104 Winnipeg Term g 4s '39 g J& 1 Ala & Vick-Con g 5s 1921 A&O 100 Gen gold Os 1937_ AA° 100% Canadian Pacific- 2d consol g 58 1921_ __A&O 100 100 Hunt&BS 1st es 1922_ JAJ I Cons deben perpetuul__JA. 1 --_ 818534 Vicks & Mer 1st g 6s '21 A&O 101 Ray Spen&G 1st es'20 FAA 100 6%. notes Mcli 2 1924 Hud MAS2 10234 10334 Albany & Susq-See Del & Pitts Cl & Tol 1st es'22A&0 103 Eq tr 434s 1916-1928 _ J&J b4.65% 4.50% Allegheny Valley-See Penn RR Pitts June-1st g es '22._.I&J 103 Aroostook Vol 434s 1920 FAA 80 Alleg & West-See Buff R & P 2d g Os July 1 1922... J&J 90 New Brunsw 1st g .5s '34 FAA .alIsi -15677;k4 Allentown Term 48 g 1919_ .,J&J 98 100 Pitts at West-1st Is '17_J&J 90 Cons deb 4s perpetual JA lf -See M AStL Sch Rly East Side 4s '25_JAD 98 98% Alton Bridge St C Ont&Que deb git 5s perp..l&D If 81 9834 Ann Arbor 1st g 45 1995_ Q-J 6334 Staten 1st Ry 434s 1.943_.)&13 97% Carl) & Shaw-See Illinois Cen Arkansas Oklahoma & West- W Va & Pitts 1st 4s g '90 A&O 84 86 Caro Atlan & West 5s '64_ _ FAA 50 75 1st g 6s Jan 1 1947 J&J -- -- Bangor & Aroostook- Chariest Nor es 1938_JAD15 97% 100 Aroostook Northern-SeeBangor & Aroostook. let M 5s g Jan 1 1943__J&J 98% 101 No A So Caro es 1964. __MAS 97% 100 Aroostook Valley-See Canadian Pac. Cons refund g 4s 1951 J&J 63 66 South Carolina West Hartsv 5s Asheville & Spartanburg-S U & Medford Ext 1937_ __MAN 84 88 Div 681960 FAA 100 Col 1st m g gu 48 1995_ _J&J 85 Piscat Div g 5s Jan '43_ _A&O 93 95 Sumter Div es 1961_ MAN StJohnsRivExt gu 5s'39 FAA 100 Atch & East'n Br-4s 1928_J&J 7834 85 95 So Caro West ext es'43A&O 100 Atchison Topeka & Santa Fe- Van Bur Ex Os g Jan '43 A&O 84 86 Carolina Cent-See Seat, Air L. Gen mort gold 45 1995_ _A&O 943( 9434 Washburn Ext 1st 5s'39_ FA A 80 85 Caro Clinch & Ohio 5s 1938 Ja- I) 58 g 1947 9734 100 Adjustment 45 July 1 '95_ Nov 8634 8734 Aroostook Nor A&O 88 90 Equip 5s 1916-1922_ FAA64.88% 8734 Nor Maine Seaport Os'35A&O n 4.70% Stamped MAN 87 83 88 Elkh Ext 5% notes 1917_MAN 94 97 Cony g 49 1955 opt .J&D 10634 107 Battle Cr'k & Stur-St e Mich C Carthage & Adiron-Se N Y C -See N C & H Cony g 4s 1960 J&D 10634 107 Beech Creek MY. Catawissa cons g 4s 1948 AA0 97 99 Bonds g 5s 1917 J&D 10134 10134 Bellingham Bay & British Col - C H Jo F & N-See I3 C It & N Trans S L 1st g 4s 1958 __Jda 883 90 1st g 5s Dec 1 1932_ _ _J&D 91 94 CRAMo His-See Chic & NW Cal-Ariz Ist&rf430.62opM&S _ _ 99 Bell & Caron-See Illinois Cent Cent Ark & East-See St L S W Series B Belt RR dt Stk Yds 'It:1(1'0'8)- Cent ttranch By-See Mo Pac E Okla Div 1st g 45 '28. MAS 96 1st ref g 4s 1939 __._.m&N 92 Cent Br U Pat-See Mo Poe Hutch & So 1st g 5s 1928_ J&J1 100 Belt By of Chat-See Ala Gr So Central of Georgia- Rocky Mt Div 4s 1965_J&J 84 86 Belvidere Del-se; Pere.sy!Yuma 1st M g Os Nov I 1945_J&,\ 10634 San Fran & San Joaquin Vail Bennington & Rutl'il -Sue Rust Cons gold 5s 1945 MA41(1 NA 7)5 % Sandy Ry -See 10134 1st g 55 Oct 1 1940_ __A&O 107% Big Ches & Ohio Eq 43is Ser II 1916 4.507 Santa ,e Prescott & Phoenix Birrn Belt-See St L A San Pr Eq 434s Ser I 1916._ _J&J Birmingham & S E 6s b4.75% 4.50 1st g 5s 1942 M&S 10034 1961 MAN 100 Eq Os Ser K Sept 1916-17M&S1 4.75% 4.50 Atlanta Blrm & Atlantic- B1rm Term 1st g 4s '57 gu. MAS 79 81 Chatt Div gold 4s 195L.JA' D 83 1st M g 5s Jan 11930 op_ J&J,f 1 Boca & Loyalton es '23 84 op AA() Macon & Nor g 5s 1946_ J&.1 10134 Col tr notes59.10ext to'15MAN 32 40 Bonny St Louis & Sou-See Mo Pacific 1111(1Ga & Atl 1st 5s 11)1)34 73 1947 J&.1 Atl & Birm 1st g 55 1934 J&J 68 Boston & Albany 5s Oct '63..I&J 107 Mobile Div g 5s 1946_ _ _ JA.1 10134 105 Atlanta & Chart A L-See South ern Ry. 5s Judy 1 1938 ...I&J 106 10834 Oconee Div 1st g 5s 1945 J&D 99 Atl Knox & Cin-See Lou & Nas 434s July 99 Cent R11 & Bkg 5s 1037 MAN 97 9731 Atlanta Knoxv & Nor-See Loti,isv & Nash 4s May 1 1933 gu NYC MAN 93 Chattahoochee&O 5s '30J&.1 98 Atlantic & Dan-See South RR 4s May 1 1934 gll NY C MAN 92% Chat R & South g 5s '47 .1&.1 100 Atlantic City-See Reading Co 48 May I '35 guN Y C_ MAN 92% Eatonton Br 5s g 1926_ JAD 98 Atlantic Coast Line Co ofConn- Jan 1 1951 ______81% Ocean SS Co g gtd 5s '20 .1&.1 98 Certs indebt 5s IrredeemJADJ 98 100 Ref 335s 1952 gu NYC__ A&O 81% Cent Indiana-See Cl Cif; Ch & St Lout 8 Certs Indebt 4s opt 1920_ J&J., - - - - - Bost A Lowell 434s Feb '33 Jar.) 91 Cent New Eng-See NYNH & Hartf 4s 1925 opt 1910_ _ _J&J,f 90 63 4s July 1 1916 _J&J 98 Central of New Jersey- Atlantic Coast Line RR- 4s Oct 1 1918 _A&O 96 Gen M (now 1st) g 5s '87 JAJ 11534 11634 1st cons 48July 1 1952 MAS 93% 93% 45 April 1932 AA() 87 Am D&Imp Co gt(I 5s'21 J&J 10331 103% Col tr g 4s Oct I 52 opMAN 8834 8834 334s July 1 1919 JAJ 94 Leh A W B Coal con g 4s Cony deb 4s'39 op '16 MAN 92 9234 334* Jan 1921. 3;2 1920, 1925. 1930, 1935.J&D b4.80% 4.50% Unified g 4s 1959... _JAI) 89 90 I Boston & Maine-430 g '4416.1 70 NY & L Br gen 4s '41__M&S 9434 100 Gen unit Ser A 434s'64.J&D 9134 9234 434s April 11929. A&O 79 General gold 5s 1941 MA'S 100 Eq 48 Mar '16 Mar' 17 &Sb 44% 4.400/, 4s Sept 1 1926__ M& S 78 Central Ohio-See Bali A Ohio Eq 4%8 Jne'le Dec'21 JA Db 4 3,5% 4.40%1 4s Feb 1 1937 FAA 67% Central Pacific-See So Pacific AlaMid-Ist gug5s'28M(IrN 1043 _ 4s Aug 1 1942 __. FAA 64 Cent Venn 1st 4s May '20__Q-1, 75 80 Atlantic Coast Line of SC- 3%s Nov 1 1921 Ni&N 8334 Charleston A Nor-See Caro Ati & We0 Gen let g 4s July '48 J&J 91 334* Jan 1(123_ 81 I Churl & W Car 1st 5s '46__A&0 101 N E of S C 6s 1933_ _J&J 110 3s July 1950 .1&.1 48% Aug Term 1st gu g Os'47 AA() 105 Brun & %Vest 1st 48 '38 J&J 9334 PortsGtF&Con 4 .9r1 '37 JaED 84 Chateaugay Ry-S,e Del A II Cent of So Car 6s '21.. J&J 107 Bo* & NYAL-See NYNFI&H Chattanooga Stu 48 '57 gu_J&J 82 86 Char & Say gen 78 1936 J&J 129 135 Boston & Prov-4s 1918 J&J 97% Chesapeake & Ohio- Fla So 1st g gu 45 '45_ _J&J 88 Boston Rev B A 1. 434s 98% 100 1st cons g 5s 1939 MAN 10534 106 Nor & Car 5s 1939. __A&O 104 Bruns & W-See At Coast Line General 434s gold 1992_ M&S 92% Pet'b'g-ClassA5s g'26 J&J 104 Buffalo Creek let 5s 1941 JA.1 104 ----- Cony g 434s 1930 op '15 FAA 87 87% Class B Os g 1926. A&O HO Buff N Y A Erie-St e Erle Gen fund impt 5s 1929_ J&J 99% Rich& Peters43481940_ A&O 95 Burfak. Rochester & Pittsbuign nez notes June 1919_ _.1A D 9834 98% SavFla&W let g 6s '34 A&O 120 General 5s g 11,37 __Mats 107 Car tr 4s Ser H Apr'16..A&O b4.50 1st Mg 55 i934._ _ A&O 10434 Con g 4 ..M&N 101) 17)3 Craig Valley 1st flag '40...L4J 9631 100 Silver Spgs Ocala & Gulf- Equip 434, Ser 1- 1922. _M&\ b4.50% 4 30% Potts Creek 49 1940____ 88 4s g 1918 J&J 9834 _ Equip g 434 Ser 1 1927 A&0 b4.507 0 4.30% & A Div 1st co. ; 48'89 J&.1 8234 86 Wil Ar Wel gen g 5s '35 J&J 10234 106 Equip 4sSr 01929. __A&O 64..50% 4.30% 2(1 eons a as 198! J&J 82 Gen mort g 4s 1935 J&.11 92 Al & lk est 4); g guar 1991A&O 01N Warm St Vol 1st 5 r '41M&S 100 Atlantic & Yadkin-See Southern Ry Clear & 1 let 5s g ea '43 J&J 10334 Coal Ply Ry 1st 4- gru'45 I) 8334 Augusta South-See South Ry 0. 1, dr F 1st g 1921__F&A 107 --.-_ Elevator Cog 4, go '38_ _ A Ar 0 78% Aug Term-See Chart & W Car ror,s(e 1,, e Os 1922-1,3 P 10934 Big Sr,nril Its 1s1 5 49'44..14.1) 82 85 Austin & Northw'n-See So Pac Bit, sin A So, hweo r-• , Erie Greenbliy 1st g g( 45'40M& N 10) _- Bait Ches A Atlan-S Pe Pa RR Buffalo A Sit-. auto, Ry Raleigh & S %3 1st 4s '30-JA.' a 80 85 Bait & Cumb Val RR 6s'29.J&J 100 Is, Ap 1' 1953__MANI 4 8 West PoeCcrp1st,14? FAA Ex 1st M 6s July1931.. _J&J 100 Trust Co certlfleate- f 10 Cr esterf'd & Lax c 1w 51)'55E&A 95- b Basis. f This price Includes accrued Interest. in Last sale tin Londoin Nominal a Sale price. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis DEC., 1915.] RAILROAD BONDS. 35 NOTICE.-All bond prices are now "and interest" except where marked "f" and income and defaulted bonds.

Bonds Bid. Ask. Bonds Bid. Ask, Bonds Bid. Ask. Chic &Altoulst3%s 1950 __J&J 45 50 Chic It I & Pac Ry (Coned)- Delaware dr Hudson- RR refund g 3s 1949 _ _A&O 60% it I Ar & La 43js 1934 M&S 74 I deb 4s June 15'16_J&D 100% 100% Deb 5s 1922 subj to call_ J&D Rock Is] & Peoria Os '25_ _Ha Cony 55 1935 sub rcts__A&O 107% 10734 Eq Assn 4%s 1916-18__M&N b 5.75%1 St P & K C Sh L 4 %s'41F&AI 71 81 1st lien equip g 4 qs '22 ..J&J 100% 1013% Chicago Burlington & Quincy- Keo & Des M-1st 5s'23A&O 55 75 1st & ref gold 4s 1943_ __ M&N 96 96% Gen M 4s 1958 Mar.l3 94%3 94%. Chic St L & N 0-See III Cent Penn Div 7s Sept 1917__M&S 1044 105% Deny Ext coil tr 4s 1922_ F&A 993/3 -lift St L & Pitts-See Penn Co Adirond 1st 43-/3s '42 gu_M&S Illinois Div3%9'49op'29 J&J 86 Chic St Paul Minn & Omaha- Albany & Susq 33%s gold 1946 48 July 1 1919 J&.1 953/3 95% Con 6s June 1 1930 _J&D 116% (cony before 1916) gu_ A&O 863% 87% Iowa Div s f 5s 191.9____A&-0 1023, Con Os red to 3%s 1930_ _J&D 87 Bluff Point Land Impt Co- Sinking fund 4s 1919.,A&() 993% Deb gold Ss Mar 1 1930 M&S 1023/3 1023% 1st M g guar 4s 1940_130 95 Nebraska Ext 4s 1927__M&II 974 973% Ch St P& Mlstg6s1918M&N 1153% Chateaugay Ore & Iron- W Div sr 4s 1921 M&S 993/3 North Wisconsin-6s '30 J&J 115 Guar gold 4s 1942__J&J 80 Burl & Mo(Neb) con6s'18.1.1,-.J 100%3 St P & SC 1st g 6s 1919 _A&O 1053/3 1053% Hud Coal deb 4s '16-'18_ M&N Repub Vail 1st 6s 1019 _ _ J&J 102 Super Sh L 5s June 1930 M&S 104 109 Rens & Sar reg 1st 7s '21MArN 1114 C B & Q joint 4s- -See Gt Nor Chicago Terminal Transfer- Utica Clin & Bing Os '39_J&J 100 •Chicago & Eastern Illinois- Chic & Gt W 5s g 19:36_ _J&D 90 Delaware Lack & Western- Ref dr Imp M 48 g '55 on .J&J f 25 Chic Terre Haute & Southeast- Morris & Essex 33/3s2000 J&D 85% SGA U S Mtg & Tr ctfs dep f 25 27 1st & ref g 5s Dec 1'60opJ&D. 80 N Y Lack & Western- let consol Os gold t934 _A&O 103% Sou Indiana 1st g 43 '51_ F&A 60 65 1st Os g'd Jan 1 1921__J&J 107% 110 Gen consol 1st 5s 1937 _M&N f 84 Chicago & Western Indiana- 2d 5s g'd cons 1923..__F&A 101% U S Mtg & Tr ctf dep Gen gold Gs Dec 1 1932_Q-M 10631 Term & Imp 4s gd '23 M&N 95% Stamped May 1 1915 f 84 Consol g guar 43 1952____J&J 823% 8234 Osw & Syrac gu 5s '23_ _M&N 100 PurMIst lien coa158'42opF&A 90 5% notes Sept 1917_M&S 993/3 1004 Warren 1st refg33%s 2000F&A 85% Eq 5s Mar '16-22 op___M&S b6.50% 5% Chic & West Mich-See Pere N.1 Denver & Rio Grande- Eq 4%s Ser F 1016 F&A b6.50% 5% Chic Wis & Minn-See Wis Cen 1st con g 4s 1936 &la 80% 81% Ch & I C Ry-Ist 5s '36 J&J 20% Choc Ok & Gulf-See CRI&P 1st con g 434s 1936 J&J 85 86% Danv&G Cr 1st M 65'20M&N 95 Chi Day & Iron gu 5s '41_ M&N 273% Improv't gold 5s 1928_J&D 833% 90 Ev TH&Chic Inc Os '20 MAN 95 Cin Find & Ft W-See Cin R&D 1st & ref g 5s 1955 opF& A 62% 64 Chic Gt West-lst 4s 1959M&S 744 743/3 Cincin Hamilton & Dayton- AdjInc 7s cum 1932 op _ _ A&O 62 66 Chic Ham & West 1st 6s'27 .Ida 110 General 5s gold 1942 _J&D 70 Rio Gr June 1st gu 5s '39 J&D 80 . 95 Chic & I C Ry-See Chic & E Ill 2d mtge gold 43%s 1937__J&I 80 Rio Gr So 1st g 4s '40 J&J 35 • 40 Chicago Indiana &Southern Ry Gen M 43/3s July 1 1939 f 66 70 1st g 4s guar 1940____J&J 35 40 Con mtge g 4s 1956 guar J&J 86 Fixed 4% int J&J & Nov Rio Gr West 1st 4s '39__Jdr.l 75 78 Ind Iii & la 1st g 4s 1950 J&J 889/3 1st & ref gold 4$ 1959_ J&J 75 1st cons g 4s 1949 op.. A&O 65 70 Chicago Indianap & Louisville- Guaranteed 70 87 Ut Ct 4s gu g Jan 1 '17_ A&O 80 85 Ref M g as 1947 Ser A_J&J 1123/3 Cinch' Findlay & Ft Wayne- Utah Fuel 1st 5s 1931_ M&S 85 90 Ref M g 5s 1947 Ser B___J&J 973/3 1st gold guar 4s 1923_ lq& N 80 Des Moines dr Ft Dodge-See M inn & S t Louis Ref M g 4s 1947 Ser C _J&J 80 82 Dayton & Mich 1st 5s 1911 Des Moines Union 5s 1917 NUN 99% 100 Gen M 5s July 1919 opt_J&J 97 99 Ext at 43%% to'31op'17J&J 90 100 Des Plaines Val Ry-See Chic & NW Eq 4%s Mar 15 '16-'21_ _M&S b4.85% 4.55% C I St L & C-See CCC & St- Detroit Grand Haven & 3.111w- Eq 4%s Apr 15 '16-'21 A&015 b4.85% 4.55 Cincin Indianapolis & West- 1st Equip Os Nov 14 '18_A&O 100 Eq 43/3s Feb '16-Aug '23 F&A b4.85% 4.55 0 1st & ref g 4s 1953 guar _ _J&J 10 Con gu Os Nov 15 1918__A&O 100 Indianap & Lou 1st 4s '56J&J 75 Ind Dec&W-Ist g 5s'35_J&J 10 Det Gr Rap & West-See PereM Monon Coal gu 5s '36 op J&D 70 1st guar gold 55 1935_ J&J Detroit Sr Mackinac- Ch I & StL ShL-See CCC&StL Cin Leb & Nor-See Pennsylvan ia RR Prior lien gold 4s 1995__J&D 87 90 Chicago Lake Shore & Eastern- Cincin & Muskingum Valley- Mortgage gold 4s 1995J&D 80 lit M 4%s 1969 op 1919 _ J&D 93 944 1st guar gold 45 1948 F&A 87 91 Detroit Mackinac dr Marquette Chic Milw & Puget Sound- Cincin N 0 & Texas Pacific- Land grant Inc 7s 1911A&O 32 1st M g 4s 1949 guar J&J-Q-J 91 913% Eq 4%s May 1916 M&N b 5% % Detroit RAY Tun-See Mich Con Chicago Milwaukee & St Paul- Eq43%s May 15'16-21 M&NI5 b 5% 43/3% Detroit & Toledo Shore Line- Gen g 4s A May 1 1989_ _J&J 92% 923% Cincin North 1st g 4s 1951_J&J 85 I 1st gold guar 4s 1053..__ _J&J 80 85 Gen & ref 4%s Jan 2014 A&O 943/3 943% Cin Rich & F W-7s g 21 J&D 108 Dul & Ir Range-let Os'37 A&O 104 Cony 5s Jan 2014 Ser B F&A 1063/3 107 Cin San & Clev-See CCC& StL 2d mortgage Os 1916____J&I 99 Gen g 33s B May 1 1989 J&J 82 82%3 Clearfield & Jeff-See Pa dr N W Duluth Missabe & Northern- Gen g 4%s May '89Ser C J&J 1014 102%3 Clearf & Mahon-See B R & P 1st gold Os 1922 J&J 103% 105A Deb gold 4s July 1 1934_ _J&J 92%3 92%.3 Cleveland Akron & Columbus- 1st cons g 6s Jan 1 1923 JA.1 102 Cony deb 4 %s'32 op '22 J&D 10131 102 General gold 5s 1927_ __ _M&S 101 104 Gen g sf Os Jan 1 1941_ J&J 1034 103 Chic & L Sup Div g 5s '21 J&J 1033% let cons guar g 4s 1940 F&A 88 90 Duluth Rainy Lake & Winnipeg Ch & Mo Riv 1st 5s 1926.J&J 1043/3 Unguaranteed 87 90 1st gold 5s 1916 op 1911_ J&J 93 99 Ch & Pac WestD1v5s'21_Jkla 1034 1033/3 Cleve Cincin Chic & St Louis- Dul Short Line-See St P & Dul Dak&Gt So 1st g 5s 1916 J&J 100 1004 General 4s gold 1993____J&D 813% 824 Duluth South Shore dr Atlantic Dubuque Div 1st 6s 1920 J&J 106% 107% Deb gold 4%s 1931 883% 1st gold 5s 1937 J&J 94 Fargo & So g 6s ass'd '24 _J&J 109/13 Cairo Div 1st g 4s 1939__Jjki 857%% 863/3 Dutchess Co-See CentNewEng La C & D Div 1st 5s 1919 J&J 101%3 C W & M Div 1st 49 g'91_J&J -- 823% East Tenn Va & Ga-See So Rs Mil & Nor 6sext at 43,5'34 J&D 1003% StLDiv 1st col tr g4s'90_ N 82 85 Eastern Minn-See St P M & M Con6s'13ext at4%to'34J& D 101 Spr&ColDiv 4s 1st g'40_ M&S 85 Easton & Amboy-See Leh Val Wis & Minn Div g Ss '21_J&J 1033% 1033/3 White WV Div 1st 4s'40 J&J 82 84 Elgin Jol & East 5s 1941__Mdr"sI 104 Wise Vail Div 1st 6s '20_ Sri 106% Cent Ind Ry gu 4s 1953_ M&N 90 Elkin & Alleg,--6s 1941___J&J 100 Ch& No M-See Pere Marq Chic Ind & St L Sh Line Ry- Elmira k Williamsport- Chicago & North Western- 1st gold guar 4s 1953_A&O 84 1st 6s '10 ext at 4% 1950_J&I 95 97 Gen M 33%s g 1987___M&N 83 833% C I S L&C1st4s g Aug'36.Q-F 01% Income 5s 2862 A&O 105 108 Gen M gold 4s 1987_ _ _ _M& N 96 963/3 Con s f 69'20 dr©105.M&N 104 105 El Paso & Rock Isld-See El Pa- o & sou thwest Stpd non-pay Fed Inc Tax 95 I CinSan&Clev con g 5s'28_ J &J 100 El Paso & Southwestern Co- Gen NI 5s1987stp Inc tax Miir N 1133/3 1143% Clev Colum Cin & Indianap New Mexico Ry & Coal Co- Sink fund deb 5s 1933_ _M&N 103% 1044 Gen con gold 6s 1934_ _J&J 105 1st col tr g 5s Oct 1 '47 A&O 95 96 Sinking fund 6s 1929___A&O 1094 Id Blm & W ext 45 1940 A&O 80 lst&con&coll tr g 5s'51A&O 95 96 5s 1929 A&O 104%3 Ind & St L 1st 7s 1919 A J&J 103 Dawson R & Coal 5s '51.I&J 96 98 30-year deb 5s 1921__A&O 15 104 , 1st 7s July 1919 Ser B M&S 103 ElPas&RI 1st g gu5s'51J&I 95 Exten bonds 48 1926_ .F&A 15 983/3 I 1st 7sJuly 1919 SerC M&N 103 Erie-NY&Elst4sextg'47 M&N 90% Equip tr 4%s 1916-1922_A&O b4.38% 4.20%' 0 Iud & W g 5s Apr 1938 Q-J 80 5s 9d ext gold 1919 M&S 101% CedarR&M 1st 78 1916M&N 1014 I Peo & East cons 4s '40..A&O 72 75 43/35 3d ext gold 1923_M&S 981/3 Boyer Val 1st g 33/35 '23_J&D 933/3 I 2d cons Inc 4s 1990_ _ _Apr 1 35 40 5s 4th ext gold 1920____A&O 101% Des Plaines Val 4%s '47_ M&S 98 100 Cleveland Lorain & Wheeling- 4s 5th ext gold 1928__J&D 91 Frern Elk & Mo V Os '33 A&O 1183% Cons now 1st g 5s 1933_ _A&O 103 7s 1st cons g 1920 M&S 110% Ia Minn &NWIstis'35J&J 874 Stamped subject to _ 75 1st cons g fund 1920..M&S 108 ManitowGB&NW3 s'41J&J 84 Con refg g 43%s 1930 redcall_- _ JJAr 91 95 Prior lien gold 4s 1996_ __J&J 86 86% Mash? ext 1st M 5s 22 _Adr0 103 Clev & Mahon Val-See ErieRR Gen lien gold 4s 1996___ _J&J 76% 76% Mil Lake Sh &W 6s 1921M&N 10731 10831 Clev dr Marietta-See Penn RR Cony gold 4s 1953 Ser A_ A&O 73%, 73% Mich Div 1st g 6s 1924 J&J 110 Cleveland & Pitts-See Penn Co Series B A&O 85% 86 Ashland Divlst g69'25M&S 111% Cleve Short Line-See L S & MS Eq 4s May'16-Nov1953- '16 M&N 64.75'70 4.50% Ext & imps f g 5s '29_ F&A 1043% Cleveland Terminal & Valley- Eq g 43/3s Feb '16-Aug'21F&A 14.75% 4.50% MI1Sparta&'NWIst4s '47M&S 92%3 93 1st 4s gold guar 1995_ _ M&N 83X 85 Eq g 59 Jan 1916 1923 _ _J& I /4.75% 4 50% Mil&StateLine Ist33/3s'41J&J 84 Coal & Coke Ry 5s 1919_ A&O 78 85 Eq 4 %sSer B B Feb16-24F& A 64.75°70 4.50% Minn & la 1st g 33/3s '24 MD 923% Coal & Iron Ry-See WesternM aryland Coll 5% notes Apr '16_ A&O 100% 100% NW Un 78g June 1 '17_11,IAS 1033% Colo Midland-lst 4s g '47_J&J 9 14 53/3% notes Apr 1917_ __ A&O 1013/3 101% Peoria & N W 39/3s 1926 M&S 92 Cent Tr Co ctfs of dep_ _ _ _ 16 Penn eoll g 4s Feb 1 '51__F&A 80% 87 Prin & Northw 31/35 1926 J&J 92 Colo & Sou 1st g 4s 1929_ _ F&A 92 923% Buff NY & E 1st 7s 1916_J&D 101 103% St L Peo & N W 5s, 1948-I&J 105 106 Ref M g 4%s May 1 '35"...M&N 883% 89 Buffalo & Southwestern- St Paul EastGrTr4%s '47 J&J 97 Eq 5s Ser A Apr 16-'17_A&O 64.90% 4.50% 1st g 6s'08ext at 5%18 J&J 100 Sioux City & Pac33%s'36F&A 87 Ft Worth & D C 6s '21 _J&D 106 2d g 5s 'OS ext to 1918_JAJ 9.5 Wino & St P 1st 75 19l6 J&D 1023/3 1023% Colo Sou N 0 & Pac-See St L& S F Jeff RR5s gu'09 ext to'19A&O 90 Chicago Peoria dr St. Louis- Colo Spr & Cripple Crk D Ry- Chic dr Atl Term 5s 1918_J&J 90 Prior lien g 43/3s 1930_ _M&S 55 70 1st gold s f 53 1930 J&J 98 100 Ch & Erie 5s 1st g 1982 M&N 105 Chic Rock 1st & Pac Railway- 1st cons 5s Oct 1942_ A&O 85 90 Cleve dr Mah Val g 5s '38 J&I General gold 4s 1988 J&J 8531 86%3 Columbia & Gr-See South Ely Erie & Jersey s f 6s 1955_J&J 16821 io§ 1st mtge 6s 1917 J&J 1024 1023% Col Connect&Ter-See Norf&W Genesee River 6s 1057.. J&J 108 14 108% Ref g 4s 1934 op to 1911. A&O 69% 70 Col Hock Val&T-See Hock Val Long Dock as con g 1935 A&O 122% Coll tr g 4s Ser N 1916 M&N 909/3 Concord & Mont cons 4s'20J&D 97 Newb & N Y 1st 5s 1929_ J&J 95 do do Ser 0 1917_ MAN 82 94 Deb 4s June 1 1920 J&D NJAr N Y 1st 6s 1910- do , Ser P 1918_ __ _M&N 793/3 983% Deb 3%s June 111)20. J&DD909%2 Ext at 5% to 1950_ M&N 95 Deb g 5s Jan 15 '32 op J&J15 483% 493/3 Conn & Pass-lst g 4s '43_ A&O 833% NY&Gr Lake gu g 5s'46 M&NI 99 Bankers Tr ctf dep stpd_ _ _ 43 Newp&Itichf lst5s'41 gu_J&J 93 NYLE&WC&RR- Eq 5s Ser H '16 '23___ J&J b6.50% 5.50% ConnItiver-Gold 48 1943_1‘.1&S 833% lst Os curr guar 1922_ M&N 99% 103 Eq 4%s Feb '16-'17_ ___ F&A b6.501 5.50% 33%s Jan 111)23. J&J 90 N Y L E &W D & I lst Os '131 Eq 4'/3s Apr '16 Oct '19.A&O 66.50% 5.50% Connecting Ry (Phila)- Extended at 5% to 43 J&J 102% Eq 43%s May '16'-25___M&N b6.50% 5.50 1st M gli 4s Mar15'51.MAS 15 93 93%3 N Pa & 0 p 1 4%s '35 M&S 96 98 Eq 43%s Jan '16 July '27..l&J b6.50% 5.504 Connellsv & Monongahela Ry- N Y Susq Az Western- CRI& P itallroar14s'02MAN f 1st s f g 4s 1930 opt_ __M&S 92 95 1st refunding Os 1937J&J 99 100 Central Trust Co.ctfs.ofdep f Cuba Eastern 1st 6s 19-33_M&S 2d mtge 43%s 1937____F&A 90 Burl Cedar Rapids & North- Cuba RR-lst g 5s 1952_ _ _J&J 923% 96 Gen mtge Os g 1940_ __F& A 80 Con 1st&col tr 5s g'34 A&O 1014 Cum & Penn-1st g 58'21 _M&N Term 1st g Os 1943 M& 100 Cedar Rap la Falls & NW- Current Riv-See Fl C Ft S & M Midland of N J 1st 6s 1914) 5s gold guar 1921__A&O 99 Dak & Gr So-See Ch Milk StP ext at 5% to 1940_ _ A&O 104 M&StL 1st gu g 7s '27 J&D Dallas & Waco-See Mo K & T Wilkes & E 1st g 5s'42 J&D 85 90 Choctaw Oklahoma & Gulf- Dews Ry & C'l-See El Paso & Southw estern .Erie &Jersey-See Erie RR Gen M g 5s Oct 11910 .1&J 99 100 Dayton St Mich See Cin H & D 'Erie & Pittsb-See Penn RR- Conso) gold 5s 1952_ _M&N 90 93 Delaware & Bound Brook- I European & N A-See Maine Central Choc & Memph 5s 1949. _J&J 92 95 1st cons gold 33/3s 1955_ F&A 833% Peoria ItyTer 4s'37 gu op J&J 50 -Th Basic f This price includee accrued Intereet. k 1..at salt. I In London is Nonalua: a bale Once Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis 36 GENERAL QUOTATIONS [VOL. 101. NOTICE.-All bond prices are now "and interest" except where marked "f" and income and defaulted bonds.

I Bonds. , Bid. !, Ask. Bonds. Bid. I Ask. Bonds. Bid. Ask. - Evans Bend & Nash-See Louis & Nash' Ind Dec & West-See Gin I & WILouisville Henderson & St L- Evansville & Indianapolis- Indiana Ill & la-See Chic Ind at Sou 1st mort gold 58 1946_ __ _J&J 102 103% Consol g guar 68 1926___J&J 40 47 Ind A. LouIsv-See Ch lnd & L Louisville & Jeffersonv Bridge- Ev A In 1st g gu 68 1924_J&J 40 50 Ind St L-See C C C& St L- Guaranteed gold 4s 1945M&S 81% 83 E7ansville & Terre Haute- Indianapolis Un 4%s '26_ _MAN 95 Louisville & Nashville- 1st cons gold 68 1921____J&J I 893% Gen & ref g 5s 1965 Ser A_J&J 100 Gen mort gold Os 1930__J&D 112% 1133% 1st gen 55 gold 1942____A&O 1 47 ___ . Iuterboro-Met )See Street & El 50-year gold 58 1937 ___MAN 1063% Refund M 5s July 1941__J&J 1 0%3 Inter Rap Trani Ry Securities Unified gold 45 _J&J 943% 95 Mt Vernon 1st 69 g 1923_ A&O 95 International Az Gt Northern- Coll tr gold 5s 1931._1940__.. _ ...M.Ir N 1073% A&O 1053% Sul Co Br 1st g 5s 1930_ _ 95 1st g 6s 1919 MAN 963% 97 Equip 5s J'ne 1916-1923_J&D b4.40% 4.20% E T H & Chic-See Chic & E Ill 5% notes Aug. 1 1914_ F&A 50 60 At K & Gin div 45 1955_MAN 873% 88 Fargo & So-See Chic M & St P Col Itiv Bridge 7s '20 _MAN Atl Knox A Nor 1st 5s'46J&D 1029/s Fitchburg-5s Jan 1 1934 _J&J 933% Internat Rys (Central America) Consol gold 4s 2002__M&S 1928 MAN 43%s ref 90___ 1st M 5s 1972 opt_ MAN n 62 68 Lou C & Lex 43%s g '31_1%1A N 1003% 43%s Jan 1933 J&J 88 Iowa Central-See Minn & St L NO & Mob 1st g 6s 1930_J&J 1143% 48 July 1 1916 J&J 98 Iowa Falls&SC-lst 75 '17.A&O 1023% 2d. gold Os 1930 J&J 1073% 110 4s refunding ___ _MAN 873% Ia Minn & N 1V-See C & N W Pad&MemdivIst 1927__M&S 48 '46_F&A 863% 4s refunding 1925_-Mar 8(3 Jacksonv Ter 1st 55 gu '39_J&J Pensacola Div 1st 6s'20M &S 108 110 4s refunding 1927 A&O 86 Jamestown Frank & Clearfield- St Louis Div 1st g 1063% J&J 68'21_M&S 4s Jan 1928 85 1st g 48 1939 guar JAD 92 93 2d 3s 1980 MAS 613% 33%s Oct 1 1920 A&O 90 Jefferson-See Erie St L prop 1st g 58 1916_ _MAS 100 nis Oct 1 1921 A&O 88 Joplin Union Station- S E & St L div Os 192L M&5 106 Troy & Boston-7s 1924. J&J 110 1st g 43%s 1940 guar op_MAN 91 93 E H & N 1st Cs 1919_ _J&D 1073% & PereMarq-Se,ePereMar Flint Kal Al &G R-SeeLS& MS Henderson Br Os g 1931_1%1AS 1003% Fla Cen & Pen-See Seab Air L Kanaw & Mich-See Tol & 0 C 43/3 Kent.Central-4s g 1987_JAJ 88 81) Florida East Coast 5'59 J&D 943% 95%! Kankakee & S W-See III Cent Lex & East 1st 5s 1965. A&O 1033% -See Atl Coast L 1023% Florida South Kan City Belt 1st Os 1916__J&J 101 LAN Mob&Mont4 kis'45M&S 983% 100 Florida West Shore 5s 1934_J&J 95 Kansas City Clinton & Sp- Louise & Nashv South'n joint Fonda Johnstown & Gloversv- 1st 5s gold 1925 guar_ _ A&0/_ 60 gold 48 1952 J&J 79 81 1st cons ref'g g 45/35 1947_J&J 77 82 Kansas & Colorado Pacific-See Mo Pac LLIzN Term Ist g 43'52 gu .I&D 84 86 Gen ref'g gold 4s _J&J 75 Kan City Ft Scott & Memphis- Nas F & S 1st gu g 5s '37_ F&A 10.3% 1st con ref 4%s '521950_- opt..-MAN 75 80 Refdg g 4s 1936 guar_ A&O 79 793/3 Newport & Cincin 13ridge-- FtSmith&West 1st g 4854_ A&O 1 Cons 68 1928 MAN 1083% 1113/3 1st M g 45/35 1945 guar _J&J 90 Ft Worth & Den C-See Col & S Current Riv 1st 5s 1927_A&O 88 92 Pensa, A Atl 1st 6s gu '21 FAA 1093% Ft Worth & Rio Gr 4s 1928.J&J 673% 70 K C Mem & 131r 4s 1934..M&S 82 S & N Ala Con Mg 58'36 F&A 1043% Fre Elk & Mo Riv-See C &NW Income 5s Mar 1934 Sept 1 Gen con gu g 5s 1963 A&O 1033% Gals, Har & San A?-See So Pac Assented. M&S n 75 80 Macon Dublin & Savannah- Genesee River-See Erie RR Ctfs of deposit 75 1st gold 5s 1947 guar_ ___J&J 923% 95 Gen & Wyo 1st g 5s 1929_ _A&O 75 85 Kan City & Mem Ity & B- Mahoning Coal-See L S & M S Geor & Alabama-See Seab AL 1st 58 gold 1929 A&O 913/3 Maine Central-Coll tr 5s '23.I& D 101 Georgia Car & N-See Scab A L Kans & Mo-1st 5s '22_ _F&A 5% notes 1919, MA N 1003% Georgia Coast & Piedmont- Kan City Az Mem 5s 1961_MAN 90 Eur & N A 48 gold 333333 _J&J 90 1st gold 58 1962 A&O Orient- 85 Kansas City Mexico & Hereford Ry-G 4s '30_ MAN 89 - Ga & Fla 1st g 5s 1956.___ _MAN 40 1st gold 4s 1951 F&A I Knox & Line 1st M Pen Sh Gem Midland-See South'n Ry 6% notes Apr 30 1916._ A&O 98 line 48 1920 F&A Pacific South'nRy 96 Georgia -See Kan City & N W 1st g 55'33 J&J Upper Coos 1st gu 4s'30 MAN 89 - Geo RR & Bank'g 6s 1922__J&J 103 Ran City & Pac-See M K & T _JpperCoosEx4%s g '30 MAN 94 bs Jan 1 1922 J&J 102 Kan City St Jos & Council BI- Washington Co Ry 1st g gu 4s Jan 1 1947 J&J 85 Nodaway Val 1st is 1920 JAD 109 33/3s an 19.54 op 1924_ J&J 75 80 Ga Sou & Fla 1st g 5s 1945 Jar.) 1013% Tarkio Val 1st 7s 1020 _J&D 109 Manila RR-See Foreign Gov't II. 50 Gettysburg & Har Ry- Kan City Southern- Manitoba & S E-See Canadian Northe rn Cons bs g guar Oct 1 '26_A&O 101 103 1st gold 3s 1950 A&O 70 713% Marquette Houghton & Out- Gila Val Globe & Nor-See Sou Pacific Ref & imp't 5s Apr 1 '50_J&J 943% 943% Mortgage 68 Sag-SeePereMar 1925 A&O 99 103 Dr Rap Bel Az Kansas City Terminal Ry- Md Det & Va 5s 1955 gu F&A 85 Dr Rap & Ind Ext 43is '41 _J&J 86 893% 1st g 4s 1960 op __M.' 893% 893% Meryl & Pa 1st g 49 1951_ _MAS 77 58 1926-U.1 45 81 Muskegon Div g 60 K C Viaduct & Term1930_. Ry 1 st s f Income 48 1951 A&O I 35 40 Grand Trunk West 48 £ '50J&.1 If 81 703% Ois Sept '34 op '30 rcts_J&J I 28 Mason City & Ft Dodge- 1st g gu 48 $ July 1 1950_J&J If 81 713% Kan City %Vat & Gulf-See St Louis W at & G 1st M gold 48 1955 I&D 59 61 Great Northern- Kentucky Central-See L & N McK'sp't & B V-SeePMcK&Y C B & Q coil tr g 4s 1921_J&J 973% 983% Keokuk & Des M-See C R I A::P Memphis Union Station Co-- 1st & ref g 4345 1961 op'41.1&J 9934 993% Knoxv & Ohio-See South'n Ry 1st g gu 5s Nov 1 '59_ _MAN 101 103 Great Northern Fty of Canada- Lake Erie & Western- Merchants' Br-See Term R It Con 4s 1934 opt to 1914 A&O 75 1st gold 58 Jan 1 1937___J&J 973% 99 Meridian Term 4s '55 guar MAN 70 78 Green Bay & West deb ctfs A__ 75 7934 2d g 58 July 1 1941_ __.J&J 83 88 Mexican International- Deb ctfs B 13 133% No Ohio 1st gu, 5s g '45 A&O 90 Prior lien g 43/3s 1947 111&S Greenbrier Ry-See Chesapeake & Ohio Lake Sh & Mich So-See N Y C .;1: /I R 1st con gold 4s 1977_ _ _MAS 50 70 Gulf Az Ship Island RR- Leavenw'th Term Ry & Bridge Stamped guar op 85 to Mar '07 1st ref & term g 5sFeb'52.J&J 833% 1st M gold 53 1923 J&J 68 Mexican North 1st 6s 1930-I&D Gulf Terminal of Mobile- Lehigh & Hudson River RR- Mich Cent-See N 80 Y C & II R 1st mtge g 4s 1957 gu___J&J 84 2d M 58 July 1 1917...... J&J 107 Middlesex Valley-See I.elt Val Hartford & Conn Western- • Gen g 5s July 1 1920 guar J&J 100 Midland of N J-See Erie 1st ext g 43is July 1 1923..I&J 98 Unguaranteed 99 Midland Nash Term 58 1925_ __MD 94 97 Henderson Br-See Lou & Lehigh & Lake Erl-See Lehigh Valley Midland Valley-5s 1943_ _ A&O 84 87 Hocking Valley Ry- Lehigh & New England- 1%4111en & 1999_ .J&J 9334 Southw-5s 1955_ A&O 1st cons gold 43/3s 96 1st M g 5s 1945 J&J 1053/3 1073/3 MilSh&West-See Chic & N W 5% notes Nov 1917_ _ _MA N 1003% 1013% Lehigh Valley- Mllw & FAA 64.65% No-See Chic Mil &StP Eq 5s 1916 1923_ 4.56% 1st Os ext g 48 1948 MD 99 101 Milw Az Sparta AN W-See Chic & NW Eq 4s Feb 15 '16-'18 F&Al 5 b4.65% 4.50% Con M 68 ann reg Irred_J&D 133 135 S NI .As01 Min&Pac-See M St P & S Col & H V Ext 48 1948_ 84 Con M 68 R gold 1923 _MD 109 1103/3 Minn & St L-1st 7s 1927 J&D 107 Col & Tol 1st g 4s 1955_ F'ArAI 8331 Con M Ois C 1923 MD 101 102 1023% Cumb-See Pa RR Pacific Ext 1st Os 1921_ A&O aolidaysb Bed & Con M 43%s ann irred_JAD 106 108 1st consol gold 5s 19:14__MA N 88 883% Hoosac Tunnel az Wilmington- Gen cons gold 4s 2003_. MA N 913% 92 1st ref'g gold 4s 1949___MAS 533/3 55 1st sk fd g 5s Sept 1922 MAS 85 Gen con g 4 Vs 2003.... MAN 101 Ref&ext H 5sFeb'62 Ser A_Q-F-._:: 60 aousatonic-See N Y N fl & Col tr g 48 Feb'16 Feb'26F& A 64.60% 4.30% Col notes g Os 1916 FAA U0 95 Houston Belt & Term 5s '37 J&J 94 97 Easton & Amb 58 1920__MAN 10234 10334 Des Moi&FID 1st 48, '35_1,U _ 65 Houston E & W Tex-See Sou P acIfic Lehigh & Lake Erie- Iowa Cent 1st g 55 1938_J&D __-87ki 90 Houston & Tex Cen-See Sou Pacific 1st 4%s 1957 gu__ __MAS 95 1st & ref g 4s 1951_ _ _ MATS 52 523% Hudson & Manhattan- Lehigh & N I' 1st 4s '45_- MAS 89% 91 Minn St P & Sault Ste Marie- 434s 1957 cony__ _ F&A 74 80 Lehigh Valley 1st M Coal- 1st cons gold 4s 1938_ _ _ _JAz J 923% 933% 1st g 5s 1957 opt FAA 763% 77 1st 5s gold guar 1933_!..I&J 101%5 2d M gold 4s guar 1949.1.1,1 Adj in cup to 5%Feb 57 A&Orf 313% 313% 1st 40-year gu int red to Eqg notes 4 kis•Pne'16-'22.1A- I ) b4.50% 4.30% N Y & Jer 1st g 58 '32optF&A -_-_. 100 4% 1933 J&J 93 96 M S Ste M A All 1st 48'20 M.1 97 98 Huntingdon A Broad Top- Lehigh Valley Ry of N Y- Mlnn & Pee 1st 4s 1936 _J& I 1st g 48 Sept 30 1920_ _ _.A&O n80 85 1st 4%s gold 1940_ M.I 1003% M SW&SSM ACentTerm It y- 2d mtge 4s gold 1925_ _ _ _ FAA n65 72 Leh Val Term 5s 1941__A&O 1073% lstChiTer sf4s'4 lop'1 OM& N - -- _ 95 Cons 58 g Mar 31 1925_ _A&O n65 70 Middlesex Val 1st 5s '42 MAN 105 Minneapolis Term-See Wig C.- 111, Huntington Az Big Sandy-See Ball & Ohio Pa&NYCanal con 58 '39 A&O 106 109 Minneapolis Union-See St P M & M Hutchinson & S-See A T & S F Con M Ois 1939._ A&O 100% Mississippi Central- 'daho & W Nor-59 1932_ MAN __ Cons M Is 1939 A&O 95 1st Mg 5s 1949 opt J&.1 92 [Iliac& Central-Ist g 43'51.JAJ 943% 975% Lehigh & Wilkes-See Cent N .I Miss River & Bonne Terre- 1st gold 354s 1951 JA.1 823% ---_ Leroy & Caney Val-See Mo Pa c 1st 8 f g 5s 1931 on A&O 90 09 Main Lela 1st g 3%8'51_ AAO 7034 ___ .., Lex A East-See Louisv & Nash Missouri Kansas Az 11'exas- 1st mtge f g 3s 1951_ ___MAS If kl 713% Litchfield A Mad 1st 5s'34/%1&N 90 1st gold 45 1990 MD 8234 86 Coll trust gold 4s 1952_. AA0 903% _. Little Miami- 2d gold 45 June 1 1990_ _ F&A 603% 61% Col Tr L NO A T g 4s'53MAN 86 87 Gen g guar 4s 1962_ _ __MA N 89 92 1st Extension 58 1944. M& N 65 673% Pur lines 1st g 33%s 1952.J&J 81% 84 Little Rk & Hot Sp West Ily- 1st A ref 4s gbld 2004._.54&s 55 57 Ref g 48 1955 opt 1918 MA N 913% 9134 1st g 4s 1939 guar_ __ _JA J 85 Gen M s f g 434s 1936_ _JA.1 49 it IstrefM(1CACSLA NO Little Rock Junct-See St L I Mt & South Consol M g 5s 1940__-A&O 55 19(13 Ser A .14,0 102 1023/3 Long Island- 6% notes 1916 MAN Equip tr 4&4s Feb '16-'23 FAA b4.38% 4.20% Unified gold 4s 1949____MAS 85 90 Eq g 5s June 1916-1923 JA: f) hS.80% 5% Equip 58 Feb '16-'23 ___F&A b4.58% 4.20% Refund g gu 45 1949___ _ MAS 873% 883% St Louis die g 4s 2001..A&(I _____ 60 Cairo Bridge 4s g 1950 _.1& D 88 2d mort 78 1918 FAA 101 Boonville RR Bridge- Litch Div 1st g 3s 1951__JAJ 75 __ _ 1st cons g 55 July 1 1031 Q-.1 1033% __. 1st g gli s f 4s 1951_ _ _ M A N 60 75 Loutsv Di7 33%s g 1953_ _J&J 80 1st cons g 4s July 1 1931_ Q-J 94 Dal& Waco Ist gu 58'40. M & N 933% Middle Div reg Ss 1921 FAA 100 Gen mort g 4s 1938 MD 8731 88 Kan C & l'ac ist 4s g1990FA A -- --- 78 Omaha Div 1st as g 1951 FAA 703% Ferry 1st 434s con g 1922MAS 96 Mo Ran & E 58 1942 gu A&O 95 9734 St Louts Div 33%s g 1951 .J&J 823% 4s gold 1932 MD 82 _ . Missouri Kansas A Okla- St Louis Div 3s g _JAJ 683% -___ Debenture gold 55 1934 MD 9934 100 1st g gu 5s May 1 '42 MAN _____ 85 Sp'gfield Div Ext 31951_. ti8.51 MJ 75 __ Montauk Ext Ss 1945.. -J&J 103 1043% MKATofT 1st 5s gu '42 MAS 70 75 Western lines g 4s 1951_ _ FAA 88 Brook A Mon 2d 5s 1938 JA D 100 ____ . Sherman Shreveport A 5- Chicago St Louis A N 0- L I C'y & F con 58 19:17 MAN 97 1st M zil gold .9 1943. JA I) _ __ __ 95 Con g 58 JIM(' 15 '51. JA D15 107 N V Bay Ex R 1st 58 g'13JA.T 95 $ W Coal A Imp 1st 6s'29 J&J 99 _ _ Cori g 3 kis.1'ne15'51 JA D15 75 _ _ _ N I( 11'klyti A Man Beach 1st Texas & Okla-5s 1943_ MA 5 68 6 Eq 5s.Jr) 1920 Dec 1924 MD b4.50% 4.30% gold 5s 1935 A&O 98 Mo Okla A Gulf RR 5s '61 MA N _ _ ._ 89 Merl] D17 1st e.g 1951 MD 875% 03 N y & li B 1st g 5s 1927 MAS 10054 102 Mo Pac-Cons Os t920_,__ MA N 100 1003% Kankakee A S W 5s '21 FAA 90 North Shore Branch- 3d 7sext toilv'38 at 4% MA N 82 St Louis Alton & Ter Haute- 1st con 5s g Oct 1 1932 Q-,1 1003/3 102 Tr g .5s stpd fan i 1917 _MA.;1 67 F3ellev&Car 1st Os '23 MD 104 ___ _ Louisiana & Arkansas Ily- Columb Tr ctfs der) 87% 88 St L South 1st g Is '31MAS ___ 98% 1st s f g 55 1927_ .. _ _NIA S 85 913% Columb Tr ctf dep stpd_ _ ._ _I Carb&Shsw 1st g 48.32MAS 85 ____ . Louisiana Western-See South ern Par Col trust Ss 1920 . _ FAA 805% ndB/ & Wn-See C C C & St L Loolsv (In A Les-See 1 A v Columb Tr efts den__ _76 b Basis I This price includes accrued interest. k Last sale. I In London. IS Nominal. a dale price. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis DEC.. 1915.] RAILROAD BONDS. 37 NOTICE.—All bond prices are now "and interest" except where marked 'f" and income and defaulted bonds.

i Bonds. Bid. Ask. I Bonds. Bid. Ask. Bonds. Bid. f Øak. Missouri Pacific—(Concluded) N Y Cent & Hud Riv—(Concl) 'Omaha & St L—See Wabash Eq 55 May '16-Nov '21.M&N 16.25% 5.25% Nor & Mon 1st 5s g 1916 A&O 99 Oregon & California—See SoPac Gold 4s Mar 1 1945 opt_ _M&S 44 46 Pine Creek gu 6s 1932__J&D 111 Oregon-Washington RR & Nay Bankers Tr ctf dep plan_ __ 423, 44 Pitts & L Erie as 1923_ _J&J 110 I 1st A: ref g gu 45 '61 opt_ _J&J 853% 873% Bankers Tr ctfs dep stpd_ _ _ 40 48 5s Jan 1 1928 A&O 104% Ore RR & Nay cons 4s'46J&D 923% lat&ref 58'59 convSerA_M&Sf 44 46 Pitts McK & Y 1st 6s '32 J&J 115 Oregon Short Line—See Un Par Guar Tr ctfs dep plain____ 463% 2d 6s guar 1934 J&J Oswego&Syracuse—See D L & W Guar Tr ctfs dep stamped__ 39% 44 McK.S;BV 1st Os g '18_J&J{ 101 Ozark & Cherokee Central— Boonv StL&Sou 58'51 op F&A 85 RW&O con 5s July '22_ A&01 103 ist g gu 5s 1913 opt A&O 60 Cent Br Ry 4s g 1919— F&A 60 RW&O cons g 3%s '22_A&O Pacific Coast Co—See Misc Bds Cent Br UnPaclst g4s'48J&D RW&O Ter R 1st 5s '18_ M&N 100% Pan American 1st 58 '34 op J&J 80 Kansas & Colorado Pacific— Utica & B Riv 4s g 1922_J&J 97 Pennsylvania RR— let & ref gu g Os '38_ _ F&A 40 60 West Trans Co 3%s '23_F&A 80 Con M 53 g 1919 M&S 103 44 West Shore 1st 4s 2361J&J 90% 92 do 4s gold Ler&Can V A L 1st 5s'26 J&J %3 1943 M&N 98 993% Lexington Div 5s 1920__F&A 3 45 N Y C & StL 1st g 4s'37__A&O 93 94% do 4s gold 1948 M&N 99% 100 Pac of Mo 1st ex g 4s'38_F&A 88 90 Deb 4s May 1 1931____M&N 80 83 do 43%s g 1960 F& A 1053% 1053% 2d ext 5s gold 1938____J&J 97 99 N Y Connecting R11.- Geng43%s1965temctf J&D 1003% 101 St L R E 1st 5s 1938__M&N 105 1st M 4%s 1953 F&A 96% 97 Coe M 3%s g £ 1945_ _J&.1 If 3/ 84% Car'deletBrlst4 As'38 A&O 98 N Y Az Gr'wood Lake—See Erie Col tr 4s Ph W & B 1921_J&J 98 98% St Louis Iron Mtn & Sou— N Y ft Harlem—See N Y C & Hud It RE pun mou 1st g 4s '23 M&N 983% Unify & Ref'g g 4s '29_J&J 76 77 N Y & Jersey—See Hud & Man Gen ft eq 4s Jne'16to '20 Q-F b4.25% 4 A % Gen con ry & 1 g 5s '31 A&O 101 102 N Y Lack & West—See Del Lac K & W est Gen ft eq 4s Jne'16-'22_Q-M 14.25% 4%70 Gen Con stpd gu g5s'31A&0 100 N Y L E & W C HR—See Erie. Gen ft eq 4%s Apr '36 -'23_Q-J 14.25% 43%% Eq 5s May'16-Nov'21M&N b5.70% 5% N Y & L Br—See Cent of N J. Aleg Val gen 45 1942 ___M&S 963% 973% Riv & Gulf Div 4s '33 M&N 72% 73 N Y New Haven & Hartford— Balt Ches &At 1st g 5s'34 M&S 80 90 Lit RkJn 1st Os gu '16A&O 100 Deb 6s Jan 15 '48 cony J&J 15 116 116% Belvidere Del gu 4s 1927.F&A 97 100 Pine Bluff & W 5s '23_A&O 95 Deb 4s July1'55 non-conv J&J 80% 1st g gu 33%s 1943_ _J&J 81 Verd Val I&W lst5s'26M&S 77% Deb 45 1956 non-conv__M&N 81% 82% Cln Lab Az Nor 5s 1916J&J 100 1003% Mobile & Birin—See Southern R Deb 4s 1947 non-convM&S 813% 1st cons gu g 4s 1942_ M& N 893% 923% Mobile & 0-1st g 6s 1927_J&D 1093% 111 Deb 3%s Mch 1947____M&S 71 Clev&Marietta-4 3%8'35 M & N 973% 1st exten 6s July 1927---Q4 107 108% Deb 35s 1954 non-cony A&O 72 Cleveland & Pittsburgh— Gen g 4 1938 M&S 72 Deb 3%s 1956 cony__ J&J 71% 71% SerA43%sgen gtd 1942 J&J 103%5 Eq 5s 1919 Var 14.80% 4.50% 5% notes May 1916_ NUN 100% 100% SerB43%s gen gtd 1942_A&O 1033% Eq 5s May '16-Nov'23_M&N 14.807 4.50%, Bos&NYAL 1st 4s g'55_F&A 80 90 Int red to 3%70 84%3 Eq 4%s Ser E 1916 ____M&S b4.80% 4.50 Cent New Eng 4s 1961_ _J&J 753% 82% Ser C 3%s gen gtd '48M&N 84%3 Eq 4%s Mar'16 -Sep '22M&S b4.80% 4.50% Dutchess Co 434s '40_ J&D 85 91 Ser D 33%s gen gtd '50F&A 843% Montgom Div g 5s 1947,,F&A 100 Danb'& Norwalk 4s '55 _J&D 84 86 D Riv RR&B gu g 45 36 F&A 95 St Louis Div 5s 1927 __-J&D 89 Con 5s July 1 1920_ _J&J 101 Erie & Pittsburgh— St L & C 45 guar 1931 J&J 883% Gen 5s Apr 1 1925_ A&O 101 Gen gu g 33%s SerB '40_J&J 843% Mobile Ter & Ry 6s '35 op M&S 100 Hanl Riv & Portch 4s'54 M&N 89 91 Series C 1940 J&J 86 893% Moh'k&Malone—See N Y C&H Housatonic con 5s 1937_ MAz N 1053% Holidaysb Bedford & Cumb Monong River—See Bait & Ohio Naugatuck 1st 45 '54_ _ MALN 91 1st M g 4s 1951 guar_J&J 93 95 Mont Cent—See St P M & M N E Nay 6% notes '17_M&N 993% 993% Pennsylvania Company- Morgan's La & Tex—See So Pac New Eng cons 4s '45 gu _J&J 90 92 1st M g 43%s 1921__J&J 10114 101%3 Morris & Essex—See D L & W Consol g 5s July 1 '45_ _J&J 103 Coltr43%sJ'ne15'21J&D15 1003% 1013% Mutual Terminal Co of Buffalo NY&NEBosTer4s '39 A&O 97 Gu g 4s 1931 op 1921_ A&O 94 let s f g 4s 1924 op J&J 91 NH&Derby—Cons5s'18 M&N 1003% Gu tr ctfs g 4s 1952 M&N 89 Nashville Chattanooga & S L— New Haven Az Northampton- Gu tr ctfs g 33%s 1937_M&S 85 ist consol gold 5s 1928__A&0 1053% 1053% Ref 4s 1956 guar J&D 86 90 Gu tr ctfs g 33%s 1941_ F&A 85 Centreville Br g Os 1923.._ J&J 106 N Y Prov & Bos 4s '42 A&O 833% Gu tr ctfs g 33%s '42 _J&D 85 Jasper Br 1st Os 1923_ _ _ _J&J 107 N Y Westchester & Bos Ry- Gu tr ctfs g 33%s '44 _J&D 85 Lebanon Br 68 Jan 1 '17_J&J 101 1st M g 43%s 1946 gu__J&J 82 83 Guar trust gold 33%s call McM M W & Al 1st 6s'17 J&J 101 Prov Ter 1st g 4s gu '56M&5 86 90 1-15 yearly to 1916_M&N 993% Tracy City Br Os 1917 J&J 101 N Y & Nor—See N Y Central & Hud River Pitts C C & St L— Nash Vier & Sheff—See L & N New York Ontario & Western— Con g gu 4)isSerA '40A&O 101%3 102 National Rys of Mexico— Ref 1st g els June 1992__M&S 813% 83 do Ser B 1942 _A&O 101%3 Pr lien g 43is s f 1957 J&J 53 Gen Mg els 1955 red_..J&D 78 79 do Ser C 1942 _M&N 1003% Gen M 45 1977 A&O 5s g notes Dec 1915 _J&D 993% do Ser I 1963 _F&A 1003% April 1914 coupon on_ 693% Eq 43%s Mar'16-Mch'28 M&S 14.70% 4.50% do 43%s Ser J '64 M&N 1003% 6% g notes June 1915___J&D NYPhila&Nor—lst g 48'39 J&J 93 95 do 4s Ser D '45M&N 94 Nat RR of Mex p 1 g 43s'26J&J 55 Income 4s Jan 1 1939_ __ MAz N 91 93 do 4s Ser F 1953_J&D 95 96 1st cons g 48 1951 A&O N Y Prov & Bost—See N Y N H & H art do 4s Ser G 1957_M&N 95 96 Nebraska—See C B & Q N Y & Putnam—See N Y Cent & Hud River do 4s Ser H 1960 _F&A 95 96 Nev-Cal-Ore Ry—.5s 1919 M&N N Y & Rockaway Beach-See Lo ug Isla nd do 33%s Ser E '49 F&A 903% Newcas & Shen Val as '17._J&J N Y Susq A; W—See Erie CStL&Pitts let 5s g'32 A&0 104 New Eng RR—See NYNH&H N Y Westc & Bos—See N Y N H & Pitts Va & Char gu 4s'43M&N 94 N H & Derby—See NYNFI&N Nodaway Val—See KCStJ&CB Sodus bay & Sou g 5s '24_J&J 85 95 New Hay & No—See NYNII&II Norf & Caro—See Atl Coast L Sun & Lbw 1st g Is 1936_J&J 93 N J Junction—See N Y Central Norfolk Southern- Penn & N Y Canal—See Leh V New Jer & New York—See Erie 1st Az ref g 5s '61 op '15_ _F&A 79 83 Pennsylvania & Northwestern— New Lon Nor 1st 4s '40_ ___J&J 89 91 Norf & Sou 1st 5s 1941__M&N 95 99 Gen 5s Jan 1 1930 J&J 104 106 New Mex Ry&C'I—See El Paso & Sout hwest 1st gen g 58 1954 out.. _J&J 95 Clearfield&Jeff let 6s '27_J&J 110 114 New Orleans Great Northern- Hal & Cape F 1st 5s '43 M&S 100 Pensacola & Atl—See Lou & N 1st M g 5s Aug 1 1055....F&A 55 58 Rai Az Southp con 5s '65_J&D 100 Peoria & Eastern—See Clev Cin Chic & St L N 0 Mob & Chic 5s 1960_ _J&J f 46 50 Suffolk & Car con 5s '52.. _JAz.J 95 Peoria & N W—See Chic & N W New Orleans & North E 6s 1915 Norfolk Ter 1st gu 4s'61__M&N Peoria Ry Term—See Ch R I &Pac Extended at 5% 1940__M&N 1033% 105 Norfolk & Western- Peo & Pekin Un let 6s '21_Q-F 101 104 New Orleans Term let 48'53_J&J 75 General as 1931 M&N 1183% 2d mort g 4%s Feb 1 '21 M&N 89 Newport & Cin Bdge—See Louis vile & Nashv Imp & exten 6s 1934__ F&A 118 Pere Marquette RR— Newp Az Rich—See Conn & Pass; New River 1st 6s 1932 A&O 1193/i 120 Cons g 4s Jan 1 1951__J&J f 40 N YB&M I3ch—See Long Isll N&WRy 1st cons 45 '96 A&O 93 933% Ref g 4s 1955 J&J 9 11 N Y Bay Ext RR—See Long hi! Div 1st lien & gen g 4s July 1 Guaranteed 83% 11 New York Central R. R.— 1944 opt Jan 1 1929___J&J 89% 91 Deb 6s July 1 1912 J&J'fn 2 7 Cony. deb. 6s 1935 _ _ __M&N 1103% 111 Cony g 4s 1932 op 1917_J&D 117 118 Eq 5s A & B 1916-1919_A&O New York Cent & Hud River— Cony deb 4%s 1938 M&S 116 119 Chic & W Mich 58 1921_J&D 723% Reg g 33.s July 1 1997_ _J&J 83 833% N&W Pocahontas 4s '41_J&D 903% 903% Ch & N Mich 58 gu'31M&N 40 GO Deb g els 1934 M&N 923% 923% Eq tr 43%s 1916-1924 F&A 194.38% 4.20% Detroit Grand Rapids & West Deb 4s 1942 tax-exempt_J&J 91 Eq tr 4s 1915-1917 Var b4.38% 4.20% let g 4s April 1194& _A&O 64% Ref & imp 43,is 2013 op A&O 93% 933% ColCon&Ter 1st 5s g '22_J&J 1013% Flint & Pere M g 6s '20_A&O f 1003% NYC Lines eq 5s '16-'22 MA;N b4.55% 4.45 SciotoVal&NE lst4s'89 M&N 91 92 Gold 4s 1920 A&O f 81 NYC Lines eq 4s'17-'25J&J b4.55% 4.45 North & South Caro—See Caro Atl & West let con gold 5s 1939_ _ M&N 723% NYC Lines eq 4 s'17-'27J&J b4.55% 4.45 Northeast Penn 58 1920 __A&0 100 101 PtFluronDiv g 53 1939 A&O 70 N YCLineseq 4%s'17-'28_J&J b4.55% 4.45% N'east of SC—SeeAt1C L of S C Toledo Div 5s 1987..., _J&J 71 NYC Lines eq 434s 1916 b 214% Northern Cal Ry—See So Pac Gritap Beld&Sag 5s '24_ _ MAzS Bos & Alb eq 4%8'16-'27 A&O b4.70% 4.50% Northern Central- Lake Erie & Detroit Riv Div- L S Col tr g 33.s 1998.._..F&A 79 793% Con gen M 43%s E 1925_A&0 102 1st g 43%s Aug 1 1932..F&A 70 J.P.Morgan&Co.ctfs.of dep 83% 8 Mort bds 5s 1926 Ser A_ _J&J 106 Pere Mare of Ind 4s '43M&N 60 65 M C col tr g 33-s 1998_ _ F&A 78 791 Mort bonds 5s 1926 Ser B J&J 106 Sag Tusc & Hur 4s 1931_F&A Beech Cr—let 4s g gu '36 J&J 95% 96% Northern N J—lst 6s 1917 J&J Perkiomen—lst ser 53 '18_Q-J 101 102 2d guar g 5s 1936 J&J 97% Northern Ohio—See L E & West 2d series 5s Jan 1 1918__Q-J 101 102 Clf Bit C Co 1st g 4s'40J&J 60 Northern Pacific— Petersburg—See Atl Coast Line 72 Beech Creek Ext 3%8'51_ A&O Prior lien g 4s Jan 1997___Q-J 933% 933% Phila & Bait Cent 4s 1951 _M&N 92 93 Cart & Adir 1st 48 g '81 J&D 86 883% Gen lien g 38 Jan 2047___Q-F 663% 663% Phila Ball & Wash 45 '43_111&N 993% Gouv & Osw 1st 5s g '42J&D 104 Ref & imp 4%s 2017SerA.J&J 963% 973% Philadelphia & Erie— L S &MS 5% notes Dec 1915 100 1003% St P & D Div g 48 1996__J&D 903% 93 Gen (now 1st) gu 6s g '20_J&J 106% 1073% Con g ref 33is 1997_J&D 85% 863% Wash Cent 4s Mch 1948_Q-M 88 913% Gen g 5s July 1 1920..,, ..A&0 102 4 1033% Deb g 4s 1928 M&S 94% 953% C B & Q Coll 4s—See Gt Nor Gen g 4s July 1 1920...... _A&0 983% 993% Gold 48 1931 M&N 94 943% St Paul & Dul 1st 5s '31_F&A 1043% Phila Harrisburg & Pittsburgh- CleveShortLine4%8'61A&O 100 1003% 2d mortgage 5s 1917A&.:0 1013% 102 1st mort gold 5s 1925___A&O 103 105 K A & Gr R 1st 5s '38__J&J 104 1st consol g 48 1968_ _J&D 90 Phila Newt & N Y 3s'42__A&O 72' 76 Kal&W Pig'n g 58'40J&J 110 Dul Sh L gtd 58 '16_ _M&S 1003% Phila & Read—See Reading Co Mahon C RR 181 59 '34_ _.T&J 103% Dul Union Dep 5s '30_ A&O 100 PhilaWil &Balt—Deb4s'17 A&O 993.1 100 Mich Cen % notes'16M&S 100% 1003% St Paul & N Pee Os g '23 F&A 1093% 110% Debenture 4s 1922 M&N 98 99 55 cou '31 D&BC div_M&S 1o354, Reg certs 6s 1923 (4-F- 109 Debenture g 42 1926____J&J 96 97 Deb g 4s 1929 A&O 883- No Pac Ter Co—lst Os '33_J&J 1103% Debenture g 4s 1932____A&O 96 973% 1st 58 Kai & SEI 1939_M&N 100 North Ry of Cal—See Sou Pac Col tr ctfs 1921—See Penns RR 1st mtge M Air L els '40 J&J 90 North Pac Coast—See No Shore Philippine Ry—See Foreign Gov Sec., p age 50 let g 4s.Iol&NInd'57 J&J10 88 North Pennsylvania- Pine 131 & W—See St L I ,M&So let g 33.s JL&Sag '51 M&S 88 let M 4s extended 1936_M&N 99 101 Pine Creek—See N Y Cent & H ud Riv let g 3%s 19.52 M&N 81 833% Gen g 3 3-10s 1953 jja 81 83 Pitts Bessemer & Lake Erie— IlayCA:13CIstikl g3s'89J&D 85 Northw Term g 58 1926 gu .J&J 80 85 P S & LE 1st g 5s 1940_A&O 104 Bat C&S 1st gu g38'89 J&D Norwich & Wor-4s 1927.. _M&S 923% Cons 1st g 5s July 1 '43J&J 104 107 Det R Tun 4 %8'61gu M&N 939. 943% Norw'd & Montreal—See N Y C PBA: LE con g 5s 1947_J&J 1043% 107 Grand RN Val 48 '59_ M&S 85 Ogd'bu & L Cham-See Rutland Deb g 5s 1019 J&D 95 100 Tel Can Sou & D 48'56_J&J 90 Ohio Connect'g 1st g 4s'43 M&S 973% 99 Pitts Char & Youghiogheny— Mob & Mel 4s 1991_ M&S 873% Ohio I & W—See C C C & St L Gen mort gtd is 1932_ _A&O Consol g 3/10 2002_M&S Ohio River—See Halt A; Ohio Pitts Cin Chic & St L—See Penn RR N J June 1st 4s gu '86_ F&A 86 Old Colony-4s gold 1924_ F&A 96 Pitts Cleve & Tel—See B & 0 NY&Har let g 3%s2000M&N 793% 45 Dec 1925 J&D 953% Pittsburg Junction—See B & 0 N Y & Nor 1st g 5s '27_ _A&O 1023% 4s Jan 1938 J&J 92% Pitts & Lake Erie—See N Y Cent & Hud River N_Y_Az Put_lst 4s g_1993_A&O__ 81 88 33%s July 1 1932 J&J 873% b Basis f This price includes leeruia interest. k Last sale. 1 In London. a Nominal. a Sale price. t Free of taxes in Massachusetts. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis GENERAL QUOTATIONS. [VOL. 101. NOTICE.—All bond prices arc now "and Interest" except where marked "f" and income and defaulted bonds.

Bonds, Bid. I Ask. Bonds. Bid. Ask. Bonds Bid. Ask. Pitts McK & Yough—See N Y C St Paul Minn & Man (concl'd)- Southern Rallway—(Con.)— Pitts Shaw&N—Ist g 58'49 F&Af 15 1st consol g Os 1933 J&J 120% ETVEL&Ga—Div g 5s'30_J&J 103 Gold 4s Feb 1 1952 F&A./ 10 1st con red to 4%s g '33 J&J 102% 103 Consol 1st g 5s l956 __M&N 105 5% receivers' ctfs '15 op_ F&A 100 Montana ext 1st 4s '37. _J& D 95% 96 Ga Mid 1st g 3s 1946___A&O 60 63 5% receivers' ctfs '16 op.M&S 100 Pacific Ext 1st 4s £ 1940J&J d 803% Ga Pee 1st g Os 1922 _J&J• 1003% Pittsburgh & Shawmut- Eastern Ry of Minnesota— Knoxy & 0 1st g Os 1925—J&J 105 1st s f gold .5s 1959 opt_ _J&D n75 85 Nor div 1st g 4s 1948_A&0 88 L & N So joint g 4s—See L& N 1st! col tr 6%notes'17opM&N 98 99 Minn Union 1st Os 1922 J&J 109 Mob & Birrn pr lien 58 '45 J&J 95 Pitts Shen&LE—SeePBess&L E 1st 5s July 1922 J&J Gen M g 4s 1945 J&J 67 Pittsb Term RR & Coal— Mont Cen 1st gd Os '37_JA,-..1 120 Mobile & 0 coil tr 45'38_M&S 773% 78% lst g gu s f 5s 1942 J&J 80 1st guar gold 55 1937 _J&J 107% Rich& Dan Deb5sstpd 27 _ A &O 1023% WestSideBelt 1st g 5s'371‘4,1cS 74 Wil & S F 1st 5s g 1938_J&D 105 Richmond & Mecklenburg- Pitts Va & Chas—See Penn RR St P & N Pac—See No Pac 1st g 4s Nov 1 1948_ _M&N 70 Pitts & Western—See B & 0 St P & S C—See C St P M & 0 So Car & Ga 1st g 5s '19 M&N 103 Pittsb Youngst & Ashtabula— Salt Lake City Un Dep & RR- Sumter&WatIt5s g '19A&O 95 Consol Ss 1927 M&N 103% 1st M 5s 1938 90 95 Va Mid Series C 6s 1916_ M&S 1003% 1st gen 4s Ser A 1948_ _ _J&D 94 San Ant & Aran Pass—SeeSoPac Series D 4-5s 1921._ M&S 101 Pontiac Ox & N 1st g 68'16_J&J San Francisco & Nor Pacific- Series E 5s 1926 M&S 1013% Portland & Ogdensburg- 1st g 5s sink fund 1919_ _J&J 101 1013% Series F 5s 1931 M&S 102 1st M 4%s 1928 guar___M&N 97% San Fr & S Jo Val—See AT&SF Gen'l 5s 1936 M&N 1023% Port & R Falls—lst g4s'26 M&N 93 San Fran Term—See Sou Pacific do guar stamped_ M&N Debenture 4s Aug 1927_ _F&A 93 Santa Fe Pres & Ph—See Atch Top & S Fe Wash 0&W 1st f4L1 4s'24 F&A 90 93 Portl (Me) Term gu 4s '61_J&J 83 87 Sault Ste Marie Bridge- S & N Ala—See Louis & Nashv Port Reading—lst gu 5s'41.J&J 1st Msfg 5s July 1 1937_J&J 95% South Pac Coast—See Southern Pacific Ports Gt F & Con—SeeBos& Me Say Fla& W—See At! Coast Line SpartanU&Col—See Ashy&Spar Potomac Val—lst gu 5s g'41J&J 100 Sav&States—lst g gu 55 '53 .1,t7.J 90 Spokane Falls & Northern- Princeton & Northw—See Chic & N W Schenectady & Duanesburg-Nus 1st 6s g 1939J&J 125 Providence Term—SeeNYNH&H 1st guar Os 1924 111 Spokane International— Prov & Worc—lst 4s 1947_A&O 94 Schuylkill River E S—See B & 0 1st g 5s 1955 J&J 90 95 Quanah Acme & Pac 6s '39_A&.•0 Scioto Val & N E—See Nor & W State L & Sulliv 43%s '29_ _ _J&J 90 92 Raleigh & Augusta—See Seaboard Air Line Saab Air L—lst g 4s 1950_A&O 83% 87 Staten Isld Ry—See Bait & Ohio Ral&CapeFeur—See Nor South. Stamped 84 843% Stephenv N & S Tex—See St LS W Raleigh & Gas—See Seab Air L Adjust M 5s, Oct 1 '49__F&A I 70% 71 Suff & Carolina—See Norf & So Ral & Southp—See Nor South'n Ref g 45 1959 opt 73% 74 Sumter & Water R—SeeSC&Ga Raleigh & S W—See Chesapeake & Ohio 5% notes Mch 1 '16 opt_ M&S 100% 1003% Sunbury Hazleton & W B— Raritan River—lst g 58'39_J&J Eq 43%s Jan'16-July'22J&J15 b4.707 4.50% 1st Ss May 1 1928 Ravensw Spenc & Glen—See Bait & Oh io Eq g Ss Jne'16-Dec'19J&D15 b4.70 o .4.50% 2d mort Inc 6's '38 coup_ MtN 100 Reading Company— Eq g 5s Feb'16-Aug'23 F&A15 b4.70% 4.50% Sunbury & Lew—See Penn RR Gen g 4s Jan 1 1997 J&J 94%3 95 Atlanta-Birmingham Div's- Superior Short Line—See Ch St P M & Om Jer Cen g 4s '51 op '06_ _A&O 95 1st g 4s May 1 1933_ M&S 893% Tampa & Jacksonville— Atlantic City 5s 1919_ __M&N 102 102% Car Cent 1st g gu 4s '49_ _J&J 84% 1st M 55 1949 A&O 85 1st cons g gu 4s 1951_ _J&J 85U Florida Cent & Peninsula- Tampa North 1st 5s 1936 op.I&J 70 80 WetN s tr ctfs 45 red 105.Q-M 90 1st gold 55 1918 • J&J 100 Tarklo Valley—See K C St J & Council Bluffs Phila.& R-2d 5s g 1933_A&O 108 110 1st 1 g ext 55 gold '30 J&J 101 Term RR Assn (St Louis) Imp M ext g 4s 1947_A&O 973 98 1st con 5s gold 1943 .J&J 101% 1st gold 43/s 1039 A&O 973% 993% Cons ext gold 4s 1937_51&S 973 98 So Bound 1st g 5s '41_ A&O 104 1st consol gold 5s 1944_ _ F&A 103 102% 104. Term Ss g gu May 1 '41 Q-F 110 111 Georgia & Ala 5s Oct '45_J&J Gen ref s f g 45 '53 op '10_ J&J 86 86% Del R Ter p m g 5s'42M&N 104 ---- - Ga&AlaTerm 1st g 59'48 J&D 100 St L Br 1st g 78 1929_ _ _ _ A&O 117 119 Ex p mon g 55 1942_J&J 104 Ga Car & N—lst 5s g '29_J&J 103 StL 11,Ier Bdge T 5s'30 A&O 99 Wilm & No 1st 5s '27_J&D 100 RaPh&Aug'sta—lst 69'26 J&J 107% Mar Bdge Os '29 op '09 F&A 104 Gen g 5s Aug 1 1932_Q-F 1023 1033'5 RaPh&Gast'n—lst g5s'47J&J 102 Terre Haute & Ind 5s 1925_J&J Phila et Read Coal & Iron— Seab&Roanoke—lst5s'26J&J 101 103 Terre Haute & Peoria- Col s f g 4s ext'32 gui-:&A 95 Deb Os after July 1 '16 F&A 100 1st con g 5s Sept 1 '42_ _ M&S 90 Hens & Saratoga—See Del & H Seacoast RR of N J 5s '48A&0 105 109 ITexas Central— 1st 5s 1923A&O 95 Richm & Danv—See Southern Ry Sebast & Mooseh 1st 5s'28_ M&S Texas & New Oil—See So Pac Rich Fredericksb & Potomac— Shamokin Sunb'y & Lewisb'g- Texas & Okla—See M. K & T Cons mtge 4%s 1940_ A&O, 100 2d 6s g July 1 1925 J&J 109 , Texas & Pee 1st 5s 2000___J&D 08 99 Rich & Mecklenburg—SeeSoRy Sherman Shrev AT. Sou—See Mo Kan & Tex 2d Inc g 5s Dec 2000____Mar f 303% 35 Rich dt Peters—See At! Coast L' Shreve 13rdg & Ter—See St Lou! South western Lou Div 1st g 5s 1931_ _ _ _J&J 90 92 Richmond-Washington Co— Sierra By of Cal— Weatherf'd Min W & North Col tr g gu 4s 1943 opt_ _J&D 97 lsts f Os, g, Apr 12'37 A&012 1st gu g 5s 1930 F&A 95 Rio Gr June—See Deny et Rio Grande Sil Sp Ocala & 0—See Atl C L Toledo Can Sou & Det—See Mic h Cent Rio Grande So—See Den & Rio Grande Sioux C & Pac—See Chic & N W To!& 0 Cent lst'5s g 1935_ _J&J 103 Rio Grande West—See Deny & Rio Grande Sodus Bay & Sou—See Penn RR West Div 1st 5s g 1935_ _A&O 1023% Roch & Pitts—See Buff R & P Somerset Ry 1st & ref 4s'55_,T&J 80 83 Gen g 5s 1935.J&[)100 Rock Isl-Frisco Term-5s'27J&J 85 90 South Bound—See Seaboard AL Car tr 4s May'10-'17_ IVI&1,5 b4.75% 4.50% Rock Is! Ark & La—See C R I kPac So Car & Ga—See Southern By Car tr 45 Ser B 1916-'20_ b4.75% 4.50% RockIsl & Peoria—See C R I &PI South Car West_ _ _ _ 1See Car Kana & Mich 1st 4s 1990 Airj 983713 986, Rome W & Og—See N Y C & Hj South Car West Ext_ fAti & We St 2d M g 5s 1927 Rutland—Con 4%s 1941_ _ _J&JI 823' 84 Sou Indiana—See Ch Terre Hall te &S Eq 43%s Jan'16-Jly'22_J&J bI.65% 4.40% Benn&Rut 4%s g 1927_M&N 87 Southern Pacific Co— Eq 43%s Jan '16-.Ply'21 J&J L4.65% 4.40% Ogd&LCh 1st g gu 4s '48_J&J 73 79 Coll tr 4s(CP) Aug 1 '49_J&D 87 873% St Mary's Div 4s g 1951_ F&A 88 Rutl Can 1st g gu 4s '49_J&J 60 Cony g 45 Jne 1'29op'14_M&S 89% 893% Toledo Peoria & Western- Car tr g 4%s 1916 to '17_A&Ob 63/2% 6% Cony g 5s 1934 106% 1073% 1st g 4s July 1 1917 J&J 63 Equip tr 4%s 1923-27_ _M&N % 6% b4.40% 632 Eq 43%s 1916-Sept 1923_11.1D1S 4•%l Toledo St L & Western- Sag Tusc & Hur—SeePere Marq Car tr 43%s '16-Mar'23..5l&S b4.40% 4.35%j Pr lien g 33%s July 1 '25_ AJ&&61 8356 86% St Clair Mad & St Louis Belt— Aust & Nor 1st 5s g '41__J&J 100 I 1st g 4s Apr 1 1950 57 Alton Bridge 1st g 4s '51_ J&J 85 Central Pacific- I Col tr g 4s Ser A 1917 F&A 18 St Clair Term let 5s 1932_ F&A 100 1st refdg 4s g g'd '49_F&A 903% 90%1 Union Tr ctf deo 38 St Johns & L Cham-5s'44 Pil&cl 1st g gu 4s Oct 1 1954_A&O 86 88%ITol Term lst43%s 1957 gu_M&N 70 St J & Gr Isl—lst g 4s '47__J&J 55 61 M 33%s g g'd Aug 1'29_J&D 893% 90 Tol Walh Val & Ohio- St Law et Adiron 1st 5s'96_J&J 100 Galveston Harrisb & SanAn— 1st g gu 43%s 1931 ser A_ _J&J 983% 2d gold 6s 1996 A&O 110 Mex&P Div 1st 5s'31_M&N 104 105 1st g gu 43,0 1933 ser B _J&.1 gg St Louis Al & T H—See III Cent 2d M 5s 1931 gu ___J&J 100% 103 1st g gu 4s 1942 Ser G_ M&S 804 St Louis Br—SeeTerm RR Assn Gila Val Globe & Northern- I Tombigbee Val 1st g 58 '56 A&O 90 St L & Cairo—See Mobile & 0 1st g 5s Nov 1 1924_ _M&N 1003%! Gen mtge Os 1935 J&J 100 St L Iron Mt & Sou—SeeMoPac Houston East & West Texas- Toronto Ham & Buffalo- St L Mar Br Co—See Term RR 1st 5s g May 1 1933_ _ M&N 100 102 1st g 4s June 1 1946... _J&D 833% 86 St L Peoria & N W—See Chic &N W 1st guar g 5s Mar'33_M&N 101 1013% Troy & Boston—See Fitchburg St L Rocky Mt & P 5s'55stp.J&J 82 863-i Houston et Texas Central- Troy & W T Bdge 55 1939_J&D 97 100 St L South—See Illinois Central 1st 1 g Ss 1937 J&J 106 1063% Ulster & Del con 5s 1028_ J&Dk 1(7)24 St Louis & San Francisco— Gen gold 4s 1921____A&O 933% 1st ref g 4s 1952 Gen mtge g Os 1931 J&J 1083 110 Waco&NWD1v6s g'30M&N 111 'Union Pacific- Coll tr s f gold Os 1920_ _ _F&A 100 La West 1st Os 1921_ _J&J 101 1st Ry & 1 g 4s g 1947 ___J&J 97 '97%3 Gen mtge gold 5s 1931 J&J 103 105 Morgan's Louls'a & Texas- Cony 4s 1927 J&J 933% os Gen gold 5s 1927 opL_M&NJ 56 60 1st mort 7s 1918 A&O 103 1st & ref 4s June 2008__M&S 903% 91 Bankers Tr Co cts of dep_ f 54 55% 1st g 6s 1920 J&-.1 104% 106 Ore RR & Nay—See Ore-Was h RR & Nay Stamped I 533 54 North Cal Ry g 55 1929_J&D 102% Oreg Sh Line 1st g 6s'22_ P&A 10834 1083% Eq notes 5s Feb '16-'17_F&A b 7% 5.50% NoRy ofCal 5s g gu 1938 A&O 107 1st consul 5s g 1046___J&J 1053% A&O! 55 1927_J&J 101% gu 4s '29, op'07_J&D Coll trust gold 5s 1987_- I 85 Oregon & Cal 1st Ref g 923% 93 Cons gold 4s 1996 J&J. 79 S A & Ar Pass g gu 4s'43_J&J 71% 73% Utah & Northern- 5% notes June 1 '13 opt_J&-D1 San Fran Term 1st 4s'50 A&O 85 853%, 1st 7s'08 ext at 4%to'33 J&.1 933% 99 6% notes Sept 1 '14 opt_M&S1 So Pacific Br 6s 1937_ A&O 120 122 Consol gold 55 1926_ __J&J 1023% 1033% Refunding gold 4s 1951_ _Jdt..F 73 Southern Pacific RR Cal- Union Terminal Co (Dallas) Cent Tr ctfs unstpd 1st con g 5s gu 1937 M& N 106 1st g 5s 1942 op 1022 _A&O 08 100 Stamped July 1914 1st con ref g 4s'55 op'10 J&J 90 903% United N J RR & Canal Co— Stamped J '14 & J '15 So Pac Coast 1st g 45 '37_J&J 91 General gold 4s 1923___ _ F&A 99 100 Stamped J '14 & J & J '15 69 69% Texas & N 0— General gold 49 1929_ __M&S 98% 100 N 0 Tex&Mex div 53'40.M&S., 23 26 Consol gold 5s 1943_ —Mr..) 95 General gold 4s 1944_ M&S 99% Assented ctfs I 20 25 Dallas Div 1st g 4s'30_F&A 79 82 Gen 1st g 33%s Mar 1 '51 M&S 88 90 Birm Belt 1st g gu 4s'22_A&0' Southern Railway- Upper Coos—See Maine Central Col South New Orl & Pac— 1st consol gold 5s 1994 J&J 103'4 1033% Utah Central—See Rio Gr West Eq tr 5s Feb '16-Feb'17FclzA Develop & gen M g 4s'56 A&O 71% 713% Utah & Northern—See Union P acific Sou West Div g 5s 1947_A&0 90 5% gold notes 1916 F&A 100% 1003% Utica & 131 R—See NYC&H St L WA: Wg Gs 1919__M&S 95 5% g notes Mch 2'17_ _ M&S2 100% 1003% Utica Clint & Bing—See Del & Hud St Louis Southwestern- Eqtrg43%sFeb'16-Feb'21F&A b4.65% 4.45% Vandalia RR- 1st g 4s 1989 certfs NUN 80 80% Eq tr 43%s Ser M '16-'19_J&D 64.65% 4.45% Con g 4s 1955 Ser A_ F&A 873% 2d g inc 4s Nov '89 cert__J&J 61 65 Eqtrg4%sApr'16-Apr'20A&O b4.65% 4.45% Ser B 1957 M&N 873% 1st consol g 4s 1932____J&D 66 68 E Tenn reor lien 5s 1938-M&S 99% Vera Cruz & Pacific RR- 1st term & unif 5s 1952_J&J 67 70 1st Mem div g 5s 1996___J&J 102 1033% 1st g 43%s 1934 88N Eq 5s Ser E 1916-1924_ A&O b 6% 5% St Louis Div 1st g 4s 1951 J&J 843% 85 Venlig Val Ind & WI—Seeoptj Moa' l Cent Ark & Ea 1st 5s'400pJ&J 95 Aiken Br 1st g 45 1998 -J&J 65 Vermont Val 1st 43%s '40.A&O 923% Grays Pt Term g 5s '47_J&D 100 Ala Cent 1st g Os 1918_ _Jitt-J 1003% Vicksburg & Meridian—See Ala & Vicks Shrev Bdg&Ter 5s '55 guF&A, 82 88 Atlanta & Charlotte Air Line — Vicks Shreve & Pac- Step_ljenvN&STex5s'40op.J&JI 66 72% 1st M 43%s 1944 ser A_J&J 903% 983% P 1 6s '15 ext 5% '40_ _ _M & N 101 102 St L Wichita & West—See St LI & San Fran 1st M 5s 1914 ser B.J&J 1033/2 104 Gen 5s May 1 1941___M&N 00 St Paul & Duluth—See Nor Pac. Atl & Danville 1st 4s '48_J&J 81 85 Virginia Midland—See So RV St Paul East Gr Trunk—See Chic, & N W 2d g 4s 1948 J&J 743% Va & Southey 5s 9003 J&J 102% St Paul ez K C Short L—See Ch R I & iPac At! & Yad 1st gu g 4s'49_A&O 80 n gity5s_1958 A&O 80% St Paul Minn & Manitoba- Aug South g 5s 1924_ _ _ J&D_ 8801 Virginian 1st cons g 45 1933 J&J, 96:4 Cot & Green 1st Os 1918_J&J 100 1003% 1st M g 59 1962 opt__M&N 98 98% Basis. c On basis of $4.848 to the £. d un the basis of $5 to the .£. f This price includes accrued Interest. k Last sale. lin London. 8 Sale Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis DEC., 1915.] RAILROAD STOCKS. 39

Bonds and Stocks. Bid. Ask. I Stocks. Par) Bid. I Ask. Stocks 1ar.1 Bid. Ask. ------Wabash-1st gold 5s 1939 MN 1033% 10491l Chic & East ill—Preferred _ _100 Missouri Kansas & Texas_ _ _1091 734 73% 2d gold 5s 1939 F&A 983% 100 Chic Ind & Louisv corn 100 40 Preferred_ 100 163/2 173% Deb mort 6s set B 1939 __J&J Preferred 100 50 55 Missouri Pacific. 100 63% 63% Equip g 5s Mar 1 1921_M&S 933/2 Chicago Mllw & St Paul_ _ __lot) 943/2 95 Mobile &Birm pref (guar)_ _100 65 75 1st lien term g 45 1954_ __J&J 68 Preferred 100 133 1333/2 Mobile & Ohio—See Soutb'n Ry let ref & ext As 1956 _ _ _ Chicago & North Western _100 131 135 Morris & Essex (guar) 50 d 823/2 89 Eq Tr ctfs dep ass't f pd___ 103 104 Preferred 100 170 180 Nashua dr Lowell 100 175 Assessment part paid__ 44 45 Chic RI & Pac RV 100 199/2 20 Nash Chat & St Louis 100 130 140 Eq Tr ctf deo coup pd ass'tfP 101 102 Chicago St Paul Minn & 0 1100)(0 120 124 Nast:y, & Decatur (gu L & N) 25 175 185 Asseesment part paid_ _ _ 42 43 Preferred 133 140 National Rys of Mex 1st pref 100 434% notes' l0 ext to'13M&N Chic Terre Haute & S E 100 Second preferred 100 Det & Chi ext 1st g 5e '41 J&J 1013 Cincin Ham & Dayton_ 100 New Orleans Mobile & Chic_ 100 Des M dlv 1st g As 1939. J&J 70 Cinc New Orl & Tex Pac 100 245 Preferred 100 ---- To!& Chic As g 1941_ ___M&S 663/i Preferred 100 1073/2 110 N Y B'lyn & NIan B pref(gu)_100 104 112 Omaha Div 1st 3,01 g'41A&O 74 77 Cincinnati Northern 100 33 N Y Cent S.: Hud River_ ___100 10291 10234 Wabash Pitts Terminal Ity— On Sandusky Sr Cleve pref_ 50 130 137 Dividend payable in London /d s1109%5 let g 4s June 1 1954 J&D 4 6 Cloy CM Chicago & St L._100 48 50 New York Chic & St Louis..100 43 45 Cen Tr & Old Col Tr ctfs_ _ 2% 2% Preferred _ ------100 75 76 1st preferred 100 80 85 Columbia Trust ctfs of dep 331 Cloy & Pitts (Guar Pa RR)_ 50 d 77831 al preferred 100 60 65 ColTr ctfs dep forCenTr ctfs 13% 25/2 Betterm't stk (On Pa RR) 50 90 93 New l'ork & Harlem (guar)_ 50 345 359 2d g 4s June 1 1954 J&D 31100N Colorado & Southern 36 363% N Y Lack & West (guar) _ 100 1123% 123 Guaranty Tr ctfs of dep_ __ VI % 1st preferred 100 57 60 New York New Hav & Hart_100 76 7634 Warren RR—See D L & W 2d preferred 100 48 52 N Y Ontario & Western....100 3091 31 Wash & Coiurn Riv-4s '35 J&J 90 92 Columbus & Xenia (Guar)-.50 205 Norfolk Southern27100 20 Washington Cent—See Nor Pac Concord dr Mont—Class I 100 90 95 Norfolk &Western Ry 100 z 117 11734 Wash Co Ry—See Maine Cent Class II 95 Adjust preferred 100 86 90 Wash 0 & W—See Southern Ry Class III INN90 No Carolina (guar So RR)_ _100 165 175 Wash Term Co.-33.s 1945.F&A 83% 85 Class IV 100 90 95 Northern Central(gu Pa RR) 50 d 86 1st g 4s 1945 guar_ F&A 91% Concord & Ports (guar) _ _ __100 140 North'n N II (guar B & M)_100 92 95 Weatherford Min Wells & N—Se e Tex & p3,e Conn & Passumpsic—Pf(gu) 100 87 90 Northern Pacific Ry 100 11694 11634 West Jersey & Sea Shore— Conn Riy (guar B & M)____100 160 165 Nor RR of N J (gu Erie).. _ _100 75 82 Consol g 4s 1936 J&J 96 97 Cripple Creek Central 100 31 Northern Securities Co stubs_ Cons 3%s g Ser B 1936 J&J 87 89 Preferred 12 11 41 North Pennsylv (gu P & R)...50 d 92 93 West Maryland-4s 1052.. _A&O 753i 76 Cuba RR preferred 1050 Id 70 s 1 953% Norwich dr Worc pref (guar)100 142 5% gold notes 1915 op _J&J Dayton & 'Mich corn (guar) Ogden Mine RR(git CenNJ) 100 95 115 Bait & Harris g 5s '36_ _M& N 102 Pref (guar C H & D) 50 180 Old Colony (gu NYNH&H)..100 150 155 1st M West Ext g 5s'38M&N Delaware Sr Bound Br (gu)_ 100 174 183 Ontario & Quebec 100 ld k/10894 Coal & Ir Ry 55 g 1920__F&A 965.2 97% Delaware & Hudson 152 Oswego & S,vra (gu DL&W)_ 50 195 205 West N Y & Penn 5s 1937_ _J&J 10391 103 Delaware Lack & West 12d g(5) 240 Pac Coast Co—See Misc stocks Gen mort gold 4s 1943_ A&O 80 8236 Delaware 11 172 Pennsylvania Railroad Si) d 5974 60 Income g 58 Apr 1943__Nov 11 20 Denver & Rio Grande 10 i 1631 Peoria dr Bureau Val (guar)_100 130 150 Western PILC 1st 5s 1933__M&S 1 37 42 Preferred 29 Peoria & Eastern 100 11 13 Western Pa—let g Is 1928_J&D 98 98% Des Moines & Fort Dodge.._ 21Yt Pere Marquette RR 100 50c. West Ry of Ala-434s 1918 A Preferred 100 30 1st preferred 100 1 Western Transit—See N Y Detroit Hills & S W (guar) 100 85 91 2d preferred 100 75c. West Shore—See N YC&HR RR Co Detroit & Mackinac 100 75 Philo, Germ & Norris (guar). 50 d 138 140 West Side Belt—See Pitts Term Preferred _ _ _ _ _100 80 Phila. & Trent (gu Pa RR)_ _100 225 230 West Va & Pitts—See B Sr, 0 Duluth South Shoredr Ati 100 0 8 Pittsburgh Bess & Lake Erie 50 56 64 Wheeling & Lake Erie RR- . Preferred 100_12 143% Preferred 50 118 128 1st consol g 4s 1949 M&S 72 74 East Penna (guar P & R) 50 d 6 66 Pittsb Chi Chic & St Louis_ _100 82 83 L Erie Div 1st g 5s 1926_A&O 1003% 101 Elmira & W'msport (guar) 50 d 45 48 Preferred 100 91 96 Wheeling Div 1st g 5s '28 J&J 95 Pref (guar Nor Cent)____ 50 d 67 70 Pittsb Ft W & Chic (guar)...100 156 160 Exteu & lmpt g 5s 1930_ F&A 963 Erie—Common 100 4391 4374 Special (guar Pa RR) 100 145 155 Equips f g 5s 1922 J&J I 55 80 1st pref 100 58 5351 Pittsburgh & Lake Erie._.. 50 d 183 Wheelin„e Term-4s 1940_ _F&A 88 91 2nd pref 100 513% 51%2 Pittsb McK & Yough (guar) 50 120 130 Wichita Falls & Northwestern- Erie & Kalamazoo (guar) 50 185 200 I Pitts Youngst & Asiat pref 100 155 160 1st 5s Jan 1939 J&J 73 85 Erie & Pitts (guar Pa RR).. 50 d 623%. Prov & Worcester (guar) 100 200 — 1st & ref g 5s 1940 op_ J&J 70 -*Fitchburg preferred. 100 73 74 Providence Warren & B_ __ _100 120 210 Wichita Union Term Ry- Fonda Johns & Glov com__100 10 20Railroad Securities Co- 1st g gu 43.0 '41 opt_ __M&N 923% 94 Ft Wayne & Jack—pref (gu) 100 116 123 4% Ill Cent Stock ctfs 1952._ 65 72 Wilkes-B & East—See NYS& W Georgia & Florida 100 Reading Co 50d 82 8251 Williamsport & N Branch RR- Preferred • 100 1st preferred 50 d 413/2 433% 1st ref g 430 1931_ _ J&J f 25 35 Geor RR & Bank Co (guar)_ 100 248 232 2d preferred 50 d 40 43 Willmar&S Falls—SeeStP M& M Georgia Southern & Florida_100 Rensselaer & Saratoga (guar)100 172 178 Wil & Nor—See Phila. & Read'g 1st preferred 100 Rich Fred Az, Pot—Common.100 285 Wil & Weldon—See Atl Coast L 2nd preferred 100 Dividend obligations 100 285 300 Winona & St P—See Chic & NW Grand Rapids & Indiana _.100 n 10 20 1 6% guaranteed 100 300 Winston-Salem Southbound- Grand River Valley (guar)_ _100 105 115 I 7% guaranteed 100 325 1st g guar 4s 1960 J&J 83 884 Great Northern Ry—Pref._ 100 126 126% Rich & P & R F & C Conn_ 70 90 120 Wise Cent Ity—list m g 4s'49 J&J 88 883% Ore certificates d 50 5031 Rio Grande Southern 100 U 13% Ch Wis & Minn 1st 6s'16M&S 100' Green Bay & Western 74 Roch & Genesee Val RR _100 100 Marshfield & South East Div Deb ctfs A & B—See under1bo99 ads" Rock Island Co 100 % 1 pur mon 1st g 4s 1951_ M&N 81 Harrisburg Ports Mt J & Lan 50 d 90 95 Preferred 100 13% 131 Sup & Dul Div 4s 1936_ _ M&N 893% 893% Hartford & Conn Western_ _100 28 Rome & Clinton (gu D & 11)100 115 125 Minneap Term 3%s'50op J&J 70 Hocking Valley—Common_ 100 112 Rutland preferred 100 23 25 Wise & Mich Ry-5s 1945 J&J I Hudson Companies—Pref.. _100 9 15 St Joseph & Grand Island..100 8 Wise Minn & Pacific RR- Hudson & Manhattan 100 3 6 1st preferred 100 20 1st g 4s Oct 1 1950 A&O In 40 Preferred 6 2d preferred 100 12 Wiscon Val—See C M & St P Fluntingd & Broad Top y t c1°503 d 37 10 St Louis Bridge 1st pref 100 100 110 Worcester Nashua & loch- Preferred v t c 10814 17 2,1 preferred 100 50 60 4s Jan 1 1930 J&J 92 Illinois Central 10050 d 110 St L Rocky Mtn & Pacific..100 32 35 49 Oct 1 1934 A&O 9134 Leased lines (guar) 100 75 80 Preferred 100 70 74 60 Yosemite Val s f g 5s 1936_J&J Stk tr ctfs—See RR Securs Co St Louis & San Fran corn 100 53/2 63-4 Internat Rys (Cent Am)com100 1st preferred 100 9 1031 RAILROAD STOCKS. Par Preferred 100 2d preferred 100 731 8 Ala Great Southern com_ ___ 50 Id ____ sl 363% Iowa Central 100 7 10 Stock tr ctfs for Chic &- East Ill Preferred. 50 H ____ s/ 40 I Preferred 25 coin Equit Tr ctfs _100 Ala N 0 T & P Jc A prof_ _ £10 Id ____ k14 3-16 Jackson Lane & Sag (guar)..100 9 7152 79 Preferred 100 B deferred £10 Id __ Joliet dr Chic (guar C & A)_ _100 120 130 St Louis Southwestern 100 20 22 Albany & Susquehanna (gu)_100 250 265 Kai Allegan & Gr Rap (gu)_ _100 120 130 100 43 50 Allegheny & West (guar)_._100 125 133 K C Ft Scott & Memphis Ry— SaratogaPreferre &dSchenectady (gu)100 153 160 Ann Arbor common 100 Pref (guar) trust ctfs 70 Seaboard Air Line corn 100 19 100 1951 Preferred Kan City Mex & Orient corn 1009 65 Preferred 100 403% Atch Top & Santa Fe 100 1063/2 1065 413-s -...... , Preferred 100 Sharon 50 105 114 Preferred 100 1013% 10191 K C St L & Chic—Pref (gu)_100 90 105 Southern Pacific Co 100:z 1013% Air L (guar)_ _100 175 10131 Atlan & Char 185 Kansas City Southern 100 319-C 32 Southern Ry common 100 233% 2374 Atlanta & West Point 100 150 155 Preferred 100 68% 70 Preferred 100 6234 63 Atlantic Coast L Co of Ct 50 d 118 123 Keokuk & Des Moines 100 4 43-4 Mob & Ohio stock tr ctfs 65 75 Atlantic Coast L RR corn. 100 11491 116 Preferred Southwest'n of Ga (guar)_ ..100 100 103 100 Preferred Lackawanna RR of N J._ _ _119003 930 94 Texas & Pacific 100 153% 16 Atlantic Coast Line—A._ ..100 Lake Erie & Western 14 Toledo & Western..100 Id Peoria Atlantic 1st leased lines rent tr_ ____ Preferred 1004 M 32 Toledo St L & Western. _ _ _ _100 831 9 Augusta & Say (guar) 100 100 103 Lake Shore & Mich Sou Empire Tr Co ctf dep 94 5 8 Balt & Ohio—Common 100 94% Lehigh & New York Dref_..1 8 Preferred. 100 143/2 17 Preferred 100 78 783% Lehigh Valley 50 d 81% 82 Empire Tr Co ctf dep 11 18 Bangor & Aroostook 100 Preferred. Troy & Gr'bush (gu N Y C) 50 150 160 Beech Cr (guar N Y C) 50 83 91 Little Miami orig guar _52gd 19g3,1 210 Tunnel RR of St L 100 95 105 x Bost & Alb (guar N Y C _ _ _100 185 191 Spec guar betterment stk. 0 95 Union Pacific—Common _ _ _100 1403/2 1403% Bost & Lowell (guar B & M)_100 x 128 133 Lit Schuyl Nay RR&Coal(gu)50 d 54 56 Preferred 100 83 8331 Boston & Maine 100 34 353% Long Island 243% United N J RR & Canal (gu)100 223 227 Preferred 100 45 48 Louis & Mo Rly pref (guar)_ X d 100 120 Utica & Black River (guar)_100 155 Bost & Prov (guar Old Col) 100 230 235 Louisville Bridge Co 101 Utica Chen & Susq Val (gu)_100 134 138 Boston Rev Beach & Lynn..100 125 130 Loulsv Hend & St L corn__ _1009 93 Utica Clinton & Binghamton100 65 75 Buffalo Roch & Pittsburgh 100 90 100 Preferred 100 - Valley RR (N Y)(guar)____ 100 110 116 109% Preferred 100 Louisville dr Nashville 12831 Vandalia RR 100 40 50 Buff & Susq RR Corp com_100 25 253% Lowell & Andover Vermont & Mass (guar)__ _ _100 117 120 Preferred 100 54% 54% Lykens Valley RR & Coal.. 20 d 119297 3 153-4 Virginian Ry 100 22 233% Camden & Burl Co (guar) 25 130 140 INlahoning Coal RR 750 Wabash Ry when Issued....100 163% 163/2 Canada Southern 100 5891 61% Prat (guar L S & M S) 2(3 9 105 Pref A when issued 100 463% 47 Canadian Pacific 100 x 183 183% Maine Central 10234 Pref B when issued 100 293% 2991 Preferred 100 Id ____ st soq Manchester & Lawrence__ _183 I° Ware Riv RR (gu B & A)_ 100 140 Catawissa RR-1st pf (guar) 50 d 523/2 533% Maryland & Pennsylvania 100 Warren N J (guar D L & W) 50 155 160 al prof (guar P & R) 50 d 513% 523% Massawippi Valley (guar) 100 76 Western Maryland Ry 100 32 323-4 Cayuga dr Susq (gu D L dr W)30 195 205 I Michigan Central 150 Preferred 100 45 40 Central of New Jersey 100 300 320 I Mine Hill & Schuyi Hay (gu) 1g?50 d 5734 West Jersey & Sea Sh—Corn 50 d 50 51 Chesapeake & Ohio 100 633% 6334 Minneap & St Louis coin._..100 1591 1631 Wheeling dr, Lake Erie corn.. 100 5 53% Chicago & Alton RR 100 8 1474 Preferred 100 3434 37 1st preferred 100 16 18 Preferred 100 20 223%. Minneapolis St P & S S M 100 122 124 2d preferred 100 6 7 Chic Burl & Quincy 100 216 226 I Preferred 100 130 135 Wisconsin Central 100 39% 40 Chic Gt West corn trust cas.160 1531 1534 4% Leased Line Ctfs 85 Wrightsville & Tennille, corn 25 d _____ --_-: Preferred trust ctfs__ _ WO 39 39% Mississippi Central______lel 3575 37 bBasis. d Price per share, not per cent. f Flat price. k Last sale. / In London. n Nominal. s Sale price. t New stock. z Ex-div. y Ex-rights.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis 40 STREET AND ELECTRIC RAILWAYS In quoting street and electric railway bonds, we employ the same method as in quoting the bonds of stem railroads. The great majority of issues being quoted "and interest," we use no designating mark whatever where that Is the case. On the other hand, we prefix the letter "1" where there is a deviation from this rule; in such cases the interest forms part of the price. Unless, therefore, "f" appears against a quotation, the buyer will understand that the accrued interest Is to be added on. This, however, does not apply to income bonds and bonds in default, in which cases the price takes account of the interest and no designating mark is employed NOTICE.—All bond prices are now "and interest" except where marked "f" and income and defaulted bonds.

Bonds. Bid. Ask. Bonds. Bid. Ask. Bonds. Bid. Ask, — STREET RAILWAY BONDS. I Cass Av & F'r Gr'ds—See Un Ry DarbyMed&Ches—See Phil R Tr Albany Ity—See United Tract'n Central Ark Ry & Lt Corp— Day Coy tic Piqua Tr 5s '22 A&O Albany Sou RR Est 55 '39_M&S 80 90 1st 1 s 1 5s 1923 M&S 89 92 Delaware Co & Phila—See Un P & Tran s. Alton Gran & St L—See East St L & Su b Central California Traction— Denver & N W let 5s 1932 M&N 69 Altoona & Logan Val Elec Ry— 1st s f g 5s, 1936, _A&O 72 DenCTram—Purch g 5s'19 A&O 89% 91 Con g 4%s 1933 gu__F&A 15 82 83 Cent Crosst—See N opt_-Y Rys 1st & ref g 5s 1933 op s f M&N 60 70 American Cities Co— Central Elec—See KCRy&Light Con Tram con g 53 19:33_A&O 89% Coll trust g 5-6s 1919 opt_J&J 89 90 Cent Market St—SeeColity&Lt Deliver Tram Power Co— American Railways— Central Ry-SeeUnRy& El(Balt) 1st imp g gu 5s'23 op '08 Atic0I 87 00 Coll trust cony g 55 1931_F&A 90 93 Central Tract—See Phila Co Denver Tramway Terminals Col Coll trust g 5s 1917 opt__ A&O 963 98 Charleston Cons Ry Gas & El 1st m ggu 5s Sept'16-'37 M&S'6 Scram Ry tr cts g 53'35_ _M&S Consol g 5s 1999 M&S 93 Des Moines J.- Cent La Elec Co— Anacos & Pot—SeeWashIty&EI Ch City Ry 1st g 53 1923.J&J 100 1st s f 6s 1937 op Ser A_M&S 00 100 Ardmore St Ry—See Plana Co Chattanooga Ry & Light— Des Moines City Ity— Ashland (Wis) L Pow & St Ry— 1st & ref g 5s 1956 op'16.M&N 75 85 Ref g 5s 1921 op 1906_ __ A&O 1st M gold 5s 1939 J&J 90 93 Chatt Rys 1st con 5s'56.M&N 89 92 Det United 4%s 1932 opt_J&J 77X, 78 Atchison Ry, Light & Power— Chicago City & Connecting Rys — Det Elec Ry con g 59'16_J&D 99 y2 100% 1st 5s Nov 1935 M&N 87% 93 Col tr s f g 5s Jan 1 1927.A&O 703 Det Ry 1st 5s '16-'24_J&D 90 94 Athens (Ga) Ry & Electric— Chicago City Ry— Det&Flint let g 5s '21__F&A let & ref s f g 5s '50 op'15 J&J 80 85 Jet g 5s 1927 on up to '12.F&A 98X 98% Det Roch Romeo & L Orion Atlanta Cons St—See GaRy&E1 Chicago Elevated Rys— 1st sk Id g 5s 1920_ J&D_ 94 983 Atlanta Nor—See Ga Ry & El 5% gold notes July 1916_ J&J 95 96% Det Ft Wayne & Belle Isle— Atlantic Ave—See Bklyn It Tr_ Chicago Junction RR— 1st g 5s Apr 1 1928_ _ _ A&O 85 Atlantic City & Ocean City Co- 1st g gu 43 1945 op '10__M&S 78 82 Det Mon & Tol Short Line Ry Col tr g 5s 1947 opt__ __ M&S Ch & Mil El Ry 5s 1919 _J&J 93 98 1st M g 5s Jan 1933 J&J 97 Atlantic City & Shore RR— RR 1st g 5s 1922 J&J 1 35 40 Det&NW 4%s '21 op '11M&N 1st M dr col 50 1945 opt_J&D 83 Wisc Div 1st g 5s 1925 gu.J&J I 9 11 Det & Pontiac-5s g '22_ F&A 99 Atlan Coast El 1st 5s '45_ _M&N 95 100 Chicago & Oak Park Elec Ry— Cons g 4%s '26 op '11_J&D 85 00 Auburn & Syracuse Elec RR— Lake St El 1st 5s 1928 gu_J&J Det & Pt Huron Shore Line- 1st & ref g 5s '42 opt '12_A&O 87 91 Chicago Railways Co— 1st g 5s 1950 J&J 01 93 Augusta-Aiken Ry & El Corp— 1st m g 5s 1927 opt F&A 96% RapRylst con 5s'113 _M&N 99 100 Sink Id g 5s Dec 1 '35 opt.J&D 50 03 Con M 5s Ser A Feb '27_A&O 883 91 Det & Lake St CI 5s '20_ A&O 84 87 Augusta Ry & El 5s '40_J&D 95 Series 13 Feb 1927__J&D 70% 72 Det Ypsil Ann Arbor & Jack— Aurora Elgin &Chicago RR— Series C Feb 1927_ __ _F&A 1st g 59 1926 F&A 83 85 1st & ref g 5s 1946 opt_ J&J 82% 84 Pur mon 4-5s Feb '27 op.J&J 61 6 D Y & A A g 63 1917___M&N 99% A E & C Ry let g 5s'41 A&015 973'- 99 Adj inc 4s Feb 1927 op_ _ May 37 Cons g es 1924 F&A 09 Elg Aur & S at 5s 1916_ _J&D 99Yá 100% Chic Sou Bend & Nor Ind RR— Doyiestown&E—See Phil & E Bait & Ann S L—See Md El Ity 1st g 5s Jan 1 1937 J&J 70 75 D D E 13 & B—See Third Av Ry Bait Cat & El M—SeeUnRy&-EI Chris & 10th St—See N Y Rys Duluth Superior Traction Co— BaltSpP&Ches—See Un Ity& El Cin D & T Trac gold 5s '22_J&J 70 Duluth St Ry 1st g 5s'30M&N 04 96 Bait Terminal—See Wash Bait & Ann South Ohio Trac 5s '20_ _M&N 009.1 94 Duquesne Trac—See Phila. Co— Bait Traction—See Un Ry & El Cin dz H 6s g Apr 1 1918J&J 99% 105 Eastern Pa Rys 1st 5s 19:36 J&J 78 81 Bangor Ry & Electric— Chi Lawr & Aur 5s 1910_ _ _J&J ..,- _ - 70 Eastern Wisconsin Ry & Lt- 1st cons g 5s 1935 opt_ __J&J 98 100 Cin New & Coy 5s g 1022_ _J&J 95% 100 1st M g 5s 1923 opt.. A&O 90 95 Beaver Valley Traction— 2(1 g 5s July 1922 J&J 94X 100 Easton Cons El 53 1949 M&N 98 99A Gen g 5s 1953 opt M&N 91 95 So Cov & Cin 6s g 1932_ _J&J 116 Easton Palmer & Beth St Ry Berkshire St 1st g 5s 1922_ _J&D 90 94 Newp't & Day let es '17_ F&A 101 105 1st g 53 Dec 31 1918_ _J&J 98 100 Binghamt Ry 5s '31 op '11 M&N 90 94 Citizens' Ry tic Lt—See Muscati ne Lt & Trac East St L Columbia & Waterloo Birm Knox & All—See Phila. Co Cit Ity L & P—See Newp News & 0 P Ry El 1st 5s Oct 1 1932 A&O 90 /Wm Ry, Light & Power— Citizens St—See Ind Tr & Ter. East St Louis & Suburban Co— Gen ref g 4%s'54 op '09_ A&O 863 87% Citizens St—See Memphis St Ry Coll trust g 5s 1932 opt_ A&O 86 Ref & ext g 6s 1957_ M&N 94 00 Cit RU—See United Rys St Lou Cony 63 Jan 11010 J&J 91 96 6% notes May I, 1917M&N 99 100 Citizens' Tract—See Phi% Co. Alton Granite & St L Trac— Birm Ry dc El let g 5s '24_J&J 100 104 City Pass By—See Reading Ter 1st cons g 53 1944_ __F&A 83 86 131 St & Ful Fer—See N Y Rys— City & Sub—See Port (Ore) Ry. Edgefield St—See Nash -Ry & L Boston El g 4s May 1 '35_ _M&N 843 80 City dc Sub—See Un Ry & El B alt) Eighth Ave RR—See N Y Rys Deb g 4%s Oct 1 1937_ _A&O 90 91% City & Sub—See Wash Ity & ]1 Elm & Peep—Sec Phila. Rap Tr Deb g 43s Nov 1941M&N 90 91 A Clev Ry 1st 5s 1931 opt_ _ _ M&S 101 103 Elg Aur Az So—See Aur Elg & Ch Deb g 5s Dec 1942 J&D 96%973 Clev Painesv & Ashtab Elec— Eliz Plaint tic Cen J—See P S C West End St 53 1932___M&N 98 100 1st gold 5s July 1 1922___J&J 55 58 Elmira Water Light & RR- 5s March 1944 M&S 98 100 Clev Pains & East 53 '16__A&O 99- 100% 1st & con g 5s 1956_ __M&S 943' 97 43s Jan 1 1923 J&J 95 97 Consol 53 1918 A&O 85 90 XI Paso El Co coil tr g 53'32Jtia 96 99 43-s July 1 1930 J&J 93 95 Cleve Southwest & Colum Ry— Ely & Ober—See Cleve & S W T rac Gold 4s May 1 1916__M&N 993 100 1st gen con 5s 1927 opt_ _A&O 80 Erie El Motor s f g 5s 1941 Atic0 00 99 Gold 4s Feb 1 1917._ F&A 09 99% Clevd:SW 1st 5s '23op'13.F&A Evansv & Sou Ind Traction- 4s Aug 1 1932 F&A 86% 88X Cl BerEly&Ober5s g '19_ MticS Evansv El let g 4s '21_ M&N 91 93 Bost &. Nor ref g 4s 1954_ _ _J&J 82 Clev Ely & W 55 1920_ __ F&A 94 97 Evansv & Princ let 5s'23A&O 95 100 Georget Row & Ipsw 53'20 J&D 99 Ely & Ober g 6s'17 op__ F&A Fairmont & Clarksburg Tract'n LowLaw&H 1st g 53'23opJ&D 100 Columbia(SC) Ry Gas & El Co — 1st g 5s 1938 op 1913_ _Atic0 09X Lynn & Boa 1st 5s g '24_J&D 101 1st M s f g 5s 1936 J&J 89 92 Fairmount Pk Transportation— Bost & Worc 1st 43.s 1923_F&A 893-f 93 Col Buckeye L& New—See Col Newark Jaanes 1st s f g 5s 1937 opt Adc0 I 879 Bridgeton & MillyTr 5s'30_.1e.:J 93 95 Columbus (Ga) Electric Co— Federal Light & Traction— Bway & 7th Ave—See NY Rys 1st coll g 5s 1933, option_ A&O 80 85 1st s f g 53 1942 opt__ __M&S 80 00 Bway Surface—See N Y Rys Columbus(0)Interurban Ter Co. Fed St & Pleas Val—See Phileo Bkn City & New—See C I & Bk 1st guar 5s 1935 J&D 75 85 Ft Pitt Trac—See Phila. Co Brooklyn Rap Tran-53'45 A‘ic0 1024 103 Col Lon & Springf—see Ind Col Jc East Ft Smith Light & Traction- 1st ref gold 4s 2002 J&J 80% 81 Columbus Newark & Zariesv___. 1st M g 5s Mar 1 '36 opt M dc S 5% gold notes 1918 opt_ _J&J 100% 1003j let gold 5s 1924 M&S. FtWayneB & M 1st 5s '35 gu J & J 88 Bklyn City—lst 5s 1941_J&J 101% 102 Gen & ref gold 5s 1920_ M&N Ft W Van Wert & Lima Trac— Wm&Flat4%s July'41_ F-A 92 96 Col Buck Lake & New Trac 1st 51 g 5s 1930 guar.. ..J & J Bklyn Hgts 1st 5s 1941_A&O 100 102 let gold 5s 1921 M&N 95 98 Ft Wayne & Wabash Val Tree... Brooklyn Queens Co & Sub— Zanesville Ry, Lt & Power- 1st cons g 5s 1931...... M & S 85 1st M g 5s 1941 opt '10_J&J 98 100% 5s 1912 ext to Mar'24_Atic0 95 98 42d St M & St N Av...See Third Ave Ry 1st con gu 5s July'41_M&N 95 Columbus Ry & Light— Frankf Tacony & Holmesb Ry— Bklyn Un Eley 53 1950_ _ F&A 100% 101 Cen Market 1st g 55 1922_J&J 1st g 5s July 1940 J & J 75 Stamped guaranteed 103%, Col Ry 1st 4s '39 opt '14_Q-J 75 80 Galv Elec Co lst5s'40 op M&N 88 92 Kings Co El let 4s 1949..F&A 82% 83%' Col St Ry 1st 5s g 1932.. J&J 98 100 Galveston-Houston Elec Iv— Stamped guaranteed 823 Cross St 1st 5s g 1933_ J& D 98 100 let M s f g 5s 1954 opt..A&O 90 95 Nassau Elec—let 5s '44_A&O 101 104 Colum & 0th Av—See N Y llys Gary & Interurban Ry- 1st g 43 Jan 1 1951__ _J&J 74% 753 Commonwealth Pow,Ry & Lt— 1st ref g 53 1930 opt.,.. J&J Atlantic Av con 5s g '31-.A&O 100 102 Cony 6s 1918 M&N 101 101% Geor Row & Ips—See Bos&Nor BkIn Batla&WE 53'33.A&0 98M 100 Compt Hts & Mer Ter—See Un ited Ry a Georgia Light, Power & Itys— Brownsville Ave—See Phila. Co Conestoga Trac let 4s '50__J&J 85 80 1st lien s f g 5s 1941 opt M&S 72% 77% 3uff & Lack Tr 1st 53'28op J&D Coney Isl & Bklyn 4s 1948_ _J&J 79 82 CentGaPow5s '38 op '13M&N 78 85 3uffalo & Lake Erie Tiaction— Consol gold 45 1055.._ J&J 78 82 Georgia Ry & Elec 5s 1932_J&J 100 101 1st & ref g 5s '36 op s f__M&N BC dr N let cons 5s1939_J&J 99 101 Refg & impt g 5s '49 s f__J&J 95 06 Hamburg Ry 4s 1926_ _M&N Conn Ry & Lt 43s 195L J&J 97 100 Atlanta Cons St Sc 1939_J&J 102% 104 Burlington (Irt) Ry & Light— Stamped guaranteed op-t'l___ 97 100 Georgia Elec Lt 5s 1930_J&J 99 101 1st s f gold 5s 1932 opt_ _ M&S 91 94 Con Ity(NewHav)deb 4s '54J&J 75 78 Atlanta Northern Ry Co— Dal Pac—See Pacific Elec Ry Deb 4s 1955 J&J 75 78 let guar 53 '51 op '09_ _J&J 99 101 Dal St Cable RR serial 6s__J&J 1083 Deb 4s 1956 guar J&J 78% Georgia Ry dc Power_ Dalurnet & South Chicago Ry— Cons g 4s 1930 F&A 76 _ ._ 1st & ref s f 5s 1954 op_ _A&O 89 89% 1st M rehab g 5s '27op'12F&A 90% 92 Cons Ry & Pow (Salt Lake) See Utah L & Ry Grand Rap Ry let g 5s '16-1&D 1003' 100M Damden & Sub—See Pub Serv Corp Cons Tr(N J)—SeePubServCor Grand Rap Gr Itav & Musk Ry Dana! dc Claib—See N 0 Ry & L Crosstowu St—See Col Ry & Lt 1st g 5s July 1 1926 J&.1 90 04 Danton-Akron let g 5s '22_ M&S 96 973 Cross St—See Int Tr (Buffalo) Greenwich Tram let 5s '31_J&J 101A Canton Mass 1st g 53'20.M&N 97 99 Cumberland Co(Me)Pow&Lt— Halifax Elect Tramway Ltd— Can-N Plana g 5s '23 opt_ F&A 96 973- 1st & ref g 5s 1942 M&S 93 97 1 let M 53 1916 opt J&J tnin 97 Dapital Trac (Wash, D C)— Dallas El Cor col tr g 5s'22.A&O 93 97 Hamburg Ry—See Buff & Lake Erie Trac 1st g 5s June 1 1947_ _ _J&D 107 Danville Street Ry & Light Co— Hart Man & Rock 5s 1924_A&O 100 Darbondale Ry 5s Nov '33_J&J 95 99 Ref gold 5s 1916-1925-- --J&J 96 99 Hart & Springf 5s g 1921 J&J __ . __ OS Darolina Power A: Light— Danville Urbana t.i.: Champ— ,Hart St Ry-1st g 4s 1930_ M&S 95 let Mg 5s 1938 F&A 88 90 1st 5s 1923 optional_ _M&S 96% 99 !Havana El cons g Ss 1952_ RicA 87 1

This price includes accrued intermit. k Last sale. a Nominal. 8 Sale price. Min.—Minimum price on Montreal or Toronto stock exchanges. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis DEC., 1915.1 STREET AND ELECTRIC RAILWAY SECURITIES. 41 NOTICE—All bond prices are now "and interest" except where marked "f" and income and defaulted bonds.

Bonds. Ask. Bonds. I Bid. Ask. Bonds. Bid. Ask. I Bid' Helena L&Ry 1st 5s '25 op M&S1 82 85 Louisville Traction— NY&Stamt—lst g 5s '31A&O 90 96 Hest Man & Fair—See Phila R T Loulsy Ry con M 5s g '30_J&J 102- 103% Ist&ref g4s'58op af'14guM&N 70 76 Honolulu Rap Trans & Land- 2d mtge 43s 1940____M&S 90% 91 New York State Rys- 1st g 6s 1927 op 1917___M&N 104 Gen M 3s 1950 F&A 9731 97% 1st con g 431s '62 op '13M&N 80 86 Houghton County Traction Low Law & Hay—See Bos&Nor N Y Westch & Bos--See Steam RRs— 1st con g 5s 1937 J&J 90 Lynn & Bost—See Bos & Nor Nor! & At! Term—See VaRy&P Houghton Co St 5s 1920_J&J 94 97 Macon Railway & Light Co- Norf & Ports Tr—See Va Ry &P Hous El 5s 1925 op 1910 _F&A 95 98 1st cons g Os '53 opt '08_ _J&J 90 93 Norfolk Railway & Light- Illinois Central Traction- Mahoning & Shenango Ry & L- 1st cons g s f 5s 1949___M&N 97 93 1st M g 5s 1933 op guar_J&D 91 96 1st con ref 53 1916 opt___J&J 99% 100% Norfolk St 1st g Os 1944_ _J&J 10131 102% Illinois Valley Ry- Penn & Mah Val 5s '22_ M&N 99 North Carolina Pub Serv Co- 1st s f g guar 5s 1935___M&S 96 100 Youngst Shar Ry&L5s'31 J&J 97 100 1st & ref 5s 1934 opt____A&O 85 90 Indiana Columbus & E Trac— Manchester(NH) L & Pow- Northern Elec Co (California)- Gen & ref g 5s '26 op '11.M&N 84 85 1st cons 5s 1921 A&O 100 1st sfg 5s 1955 opt 1914_A&O Col Lon & Spring! Os '20.A&O 96 99 Manhattan El con 4s g'90_A&O 92 92% Northern Illinois Lt & Trac- Indianan Columbus & Sou Tr- Stamped tax-exempt 923-i 93 1st M gold Os 1923 guar J&J 95 100 1st M g 5s Feb 1 1923_ _ _ F&A 94 97 Manila Elec RR & Ltg Corp- Northern Ohio Trac &- Light- Indianan & Green Rap Tran- 1st lien & col tr g Os '53_ M&S 95 1st consol g 5s 1933 J&J 91 1st g 5s Jan 1 1929 J&J 98 102 Manila Suburban Rys- 1st consol g 4s 1933 Indianan & Martinsy Rap Tr- 1st M s f _g 5s guar 1946_ M&S 85 87%; Nor Ohio con g 5s 1919_ _Jj:',L9 97894' 1st g 5s 1932 opt J&J 90 96 Market St Eley Pass—See Phila Rapid Transit! Northern Texas Electric Co— Indianapolis Northern—See Unl on Tr o I Ind. Market St (San Francisco)—See United RRs Coll tr s f g Os 1940 opt_ _J&J 90 03 Indianapolis & Northwest Tr— Maryland Electric Rys- Northern Texas Traction Co- 1st g 5s 1923 opt M&S 94 1st s f g guar 5s 1931 red_A&O 97 97% 1st g 5s 1933 opt 1913_ _J&J 98 100 Indianapolis & Southeast 89 Bait & Ann S L Os 1946_F&A 50 65 North Hud Co Ry—See Public Service Corp 1st M g 5s 1935 J&J 85 Massachusetts Electric Cos— North Jer St—SeePubServCorp Ind'p Shelbyv & Southeast 1st Col tr 5% notes 1918A&O 97% 98 Northwestern Elevated (Chic)— s f g 5s Jan 1 1932 J&J s 91% 96 McGavock & Mt Vernon—See Nash R. y & Lt 1st M 5s 1941 opt5s g,45,__NA,&OS 89 8931 Indianapolis Trac & Term Co- Memphis St Ry con g 53'45_J&J 883' 88% Union El (Loop) 1st 9 f g 5s Jan 1 1933___A&O 94 96 Citizens StRR 1st g 6s'16_J&J Norwich St—lst g 5s '23 .A&O 98 Indianan St gen 43 1933 J&J 77% 80% MeridenErselt Ft gen g5s'24_J&J 100 Norwich & Westerly Traction- Citizens St con 55 g '33_M&N 97 100 Metropolitan RR—See Wash Ry & Elec 1st & coil g 5s 1932 M&N 85 Indiana Union Traction- Met St Ry—See N Y Rys Oakland Traction Co— 1st g 5s July 1 '33 op '08.A&O 75 81 Metropolitan West Side "L"- Gen con 5s Jan 18'35J&J18 Indiana Nor 1st g 5s '33_A&O n 79 1st gold 4s 1933 F&A 73 75 ()ski Trac cons 5s 1933 J&J 47% Munc & Un Cy gu 53'36opJ&J n 70 80 Exten gold 4s 1938 J&J 70 Oak Tran 1st con s f 5s'32 J&J 83 Interborough-Nletropol Co— Michigan United Rys- Oak Tran 1st con g 5s '31_J&J 90 Coll trust g 4%s 1956__A&O 77 77%1 1st & ref gold Os 1936___M&N _ Oak Tr Co con g 6s '18..J&J 96 Interborough Rapid Transit- Jack & Bat Crk 59 23J&J 90 97% Oklahoma Ry- 1st & ref g 5s '66 op tax-exJ&J 98 93% Jack Cons Tr 5s 1934_ _M&N 95 99 1st & ref g 5s '41 opt '21__J&J 87 90 Internat'l Traction (Buffalo)— Mich Traction 1st 5s '21_J&J 102 104 Old Colony St Ry ref 4s '54—J&J 82 Coll tr 45' 1919 J&J 60 Mich Trac Ext 1st Os '23_J&J 94 97 New Bed Middleb & Brockt- Buff Ry 1st con M 5sg'31.F&A 101% 103 Mich Ry 6% notes 1919 _ _J&D 100% 101 1st g 53 Jan 1 1920____J&J 98 100 Cross St Ity 1st 5s g '32_ M&N 101% Middlesex & Boston St Ry- So Shore & Bos g 59 '19_ F&A 97 100 Buffalo Trac 1st g 5s '48_J&D 101 1st & ref g 43,0 1932 opt_J&J n 87 92 Omaha & Council Bluffs StRy- Buff Bell & Lan 5s 1927_J&D Milivale Etna & Sharps—See P hila Co 1st consol g 5s 1928 J&J 9431 96 Buff & Lock 1st g Os 1933_J&J 96 100 Mil El Ry & Lt-5s 1926 F&A Omaha & Coun Bluffs Ry & Br Buff & Niag Fails Elec Ry- Ref & ext 431s g '31 optJ&J 91 1st cons g 5s Jan 1 1928 _J&J 94 1st M 5s g 1935 J&J 100 Gen & ref g Os 1951 opt J&D Omnibus Cable(San Fran)—See United RRs 2d mtg g Os '21 op '01_ _J&J Milw Light, Heat & Trac- Oregon Electric Ry— Internat ity ref 5s'62op M&N 92 94%1 1st g Os gu 1929 opt__ M&N 99 101 1st g 5s 1933 opt 94 Lockp & Olc 1st g Os '20 J&J 94 95 Minneap St Rys—See TwiuCity Rapid Transit Ottumwa (Iowa) Ry & 99 Inter-State Rys—Col tr g 4s Mob Lt & R11-1st g5s'37_J&D 98 100 1st .4.; ref g 5s 1924 93% 1943 op 1913 F&A 583 59 Cons g 5s 1941 M&S 94 98 Ottum Tr & 1st 5s '21_Aj&Okr 9799 100 Interurban Ry & Terminal- Mob St RR—lst 69 g'23 M&N 100 104 Pacific Elec Ry g 5s 1942 J&J 9231 95 1st g 5s Jan 1 .1928 Monongahela St Ry—See Phila Co California Pacific Os '41_ _J&J n 98 Iowa Ry & Lt (Cedar Rapids)- Monongahela Valley Traction- Los Angeles Pacific Co- 1st & ref g 5s 1932 op '15.M&S 94 96 1st g 5s 1942 opt '22_ _J&D 89 92 1st ref g 4s 1950 opt'15_J&J 74 77 Ironwood & Bessemer Ry & Lt Montreal Tramways & Power— L A-Pap RR con 53'31 A&O 94% 1st s f g 5s '39 op aft '15_ F&A 90 93% Coll tr 6% g notes 1917 _A&O 96 98 LA Pa RR Cal Os '43_ M&S 90% Jackson & Battle Creek Tracl See Mic higan Montreal Tramways- Los Ang & Pas Os g 1923_J&J 93 Jackson Consolidated Tractionf United Rys. 1st & ref g 5s 1941 opt J&J 91 95 Pacific Pow & Lt—See underGas Cos, p 45 Jackson (Miss) Light & Tr- Montreal St Ry 4 %s'22_F&A 93 Paducah T&L col tr g5s'35 M&N 70 75 1st s f g 5s 1922 opt '14_ A&O 91 06 Montville St Ry-5s 1920_ M&N 99 Paterson Ry—See Pub Ser Corp, Jacksonville Traction- Morris Co(N J) Traction- Peekskill Lt & RR-5s'30.A&O, 96 99 1st con 5s NIch '31 opt__M&S 90 1st 5s J'ne '15 1935_ _J&D 15 50 55 Penn & Mah Vail—See Mah & 'Shen R y & Lt Jacksonv El Os '27 opt_M&N 95 Mt Wash St Ry—See Phila Co Pensacola El Co 1st 5s '31_ F&A 82 Jersey Central Traction- Muncie Hartford & Ft Wayne- People's Trac—See Phila R T 1st g Os 193110803 101 1st g 5s 1935 opt 1925_ __J&J 80 84 Peoria Bloom & Champ Trac— Gen & ref g 5s '54 op '141‘..IIIDN 85 Muncie&UnCTr—See Ind Un Tr .M&N 98 Jer City Hob & Pat—See Public Service Corp. Muscatine Light & Traction— Pelo srtia g Rguaal Twy Oas-1938 Johnstown (Pa) Pass Ry— Citiz Ry &L 1st g 5s'17_A&O 97 lst&ref 5s'16 to '26 op guF&A b 6% 5.50% Rrg g 45 1931 J&D 85 87 Muskegon Trac & Lighting- Philadelphia Company- Joplin&PittsRy lst53'30 op M&S 90 92 1st g 5s 1931 opt 1911_M&S 75 80 1st coil trust g 5s 1949 M&S 100% 101 Kan City Ry & Lt Co 1st lien Nashville Railway & Light— Cons mtg coll tr g 5s'51.M&N 87 83 ref g Os 1913 opt__M&N151 903-i 92% Cons g 5s 1953 opt 190S.. _J&J 97 98 Cony deb g 5s 1919 F&A 96% 8% notes Sept 1 1912___M&S 39 92 Ref and ext gold 59 1958_J&J 84% 85 Cony deb g 5s 1922 opt_ M&N 88 Central Elec g 5s 1914__M&N 70 80 Nashville St Ity 58 1925 .J&J 99 101 Ardmore St 5s 1958_ A&O 91 93 K C Elev Ry 4s g'd '22 J&J 60 75 Edgefield St cons 6s 1920_J&J 101 103 Central Trac 1st 5s 1929 J&J 97 G't'd 6s, 1922 jej J 100 McGavock & Mt Vernon— Citizens' Trac 1st 5s 1927A&O 100 KC&Westp Belt 5s'26 op.J&J I 87 93 Summer St lstM 63'26_J&J 107 110 Duquesne Trac 1st Os '30_J&J 98 100 Met Corrigan iss 59 1316_J&J 1 93 21 series Os July 1937_ _J&J 108 113 Fed St & P V 5s May 1 '42J&J 95 100 Met St 5s 1910 ext to'13.M&N 05 98 Nassau El—See Bklyn Rap Tr Ft Pitt Trac 1st 5s 1935_J&D 98% Kan City-Western-1st refg g Newark Pass Ry—See Public Se rv Corp Gas Cos—See Gas Secur, p 44 Os 1925 opt Sept 1 '10__M&S 55 60 New Bed Middleb & Brock—See Old Col oily Millvale Etna & Sharpsb- Kentucky Trac & Terminal- New Bedf & Onset 1st 5s'22.J&J 85 90 1st g 5s 1923 M&N 94 97% 1st & ref gu 5s '51 op '14_ F&A 85 90 N H & Centrev 1st 5s g'33_M&S 101 Monong St Ity 5s g 1928.J&D 93 100 Lexington Ry 1st 5s '49_J&D 85 90 N J & Hud Riv Ry & Ferry- Wilk&EPit 1st g5s'29 M&S 95 OS Kentucky Util 6s '19 A & 0 '15 96 100 1st gold 4s 1950 opt_ _M&S 81 31 82% Mount Washington St Ry- Kings Co El—See Bklyn Rap Tr New Orleans Ry & Light Co— 1 1st & coil tr gu 59 1933.A&O 91% 93 Knoxville Railway & Light— Gen M 431s g 1935 MJ&J 7631 76311 Pitts Alleg & M gen 5s'30A&O 99 102 Cons M 5s '45 op '10____M&S 97% Ref&gen5s'49op'19serA &N 70 Pitts & Bir Tr 5s g 1929 M&N 97 Ref & ext 5s 1946 op___J&D 77 Series B B K & A Trac 6s 1931.M&S 102 105 102 Knoxville Trac 59 1938_ _ A&O Deb g gu 63 1916 opt__ _J&D 9)31 100% I3rownsy Ave 5s 1926_ F&A 95 Kokomo Marion & W Trac- Canal & Clan) 1st Os '46.M&N 120 W Liberty 1st g 55 '30_J&J 95 97% 1st g 55 July 1 1933 J&J 95 9631 N 0 Cy RR—Gen g 5s '43JArJ 102 Pitts & Charleroi 5s '32_ M&N 95 97 Lackawanna & Wyo Val R T N 0 Cy & Lake 5s 1943.J&J 103% Pitts Trac 1st 55 1927 _A&O 100 102 Coll tr 5s 1951 F&A 100% 101% Power-house 6s 1917 __J&J SoTraclst&coll tr g 5s'50A&O 65 68 Lake Sh Elec 1st con g Os'23J&J 89 91 NO&Carroll con5sFeb'33.J&J 102% The 2d Ave Tr 5s 1934J&D 90 92 Gen g Os Feb 1 1933_ F&A 63 70 Edison El 1st Os 1929.. _J&J 99% United Traction Os 1997_J&J 72 75 Lor & Cley g 5s '27 op '17.J&J 96 99 N 0 Pow-House Co 5s '41.J&J West End Trac con Os '38.J&J 90 96 Sand Frem & So Os 1936_J&J 60 70 St Charles St 1st g 4s'52 __J&J 95 Philadelphia Rapid Transit— Tol Frem&Nor5s'20op'05-J&J 97 99 Newpit & Day'n—See Cin N'pt & Coy!ngton Coll tr g 5s 1957 opt s f_ _ F&A 93 95 Lake St El—See Chic & Oak Pk Newn'tNews&Oldpt Ry & ElCo S I guar g Os '62 opt '17_ M&S 92 94 Lehigh Valley Transit- 1st g Os Nov 1 1938_M&N 96 Darby Media & Ches St Ry- 1st M g 5s Dec '35 opt M&S 102% 103 Gen g 5s Mar 1 1941 M&S 1st 431s '36 opt '16 gu_J&J 79 83 1st M g 4s Dec '35 opt M&S 90 91 Citizens Ry L & P 5s'40_M&N Market Street Eley Pass Ry- Cons g 4s 1935 J&D 84 85 New W'msburgh & Flatbush See Bkl yn R T 1st g gu 44 1955 M&N 94 95 Ref & !flint g 5s 1960_ J&D 89% 90% New York Railways- Union Traction— LewLston Augusta & Watery- 1st R E & ref 4s '42 op'ia_mr,, 7331 74% Elec & Peo 4s tr ctfs'45A&O 81% 82%, 1st & ref g Os, 1937 op_ _A&O Adj inc g 59 Jan 1942_ __A&O 5231 53% Hest Man & F 5s 1924 M&N 101 102 Lew Br & Bath 1st g Os '18.M&S 94% Bieeck St & FF 1st 4s '50 J&J 60 70 People's Traction Co— Lexington Ave & Pay Fer—See NY Ry Bway&7th Av Cons 5s'43J&D 9731 100 P P Ry tr ctfs 4s '43 F&A 82 82% Lox & Bost 1st g 430 '20_ A&O Bway Surf RR 1st 5s '24.J&J 100 103 W Phil Pass 2d 5s '26.M&N 101 102 Lexington (Ky) Rs—See Ky Tr & Term CenCrosstown 1st 6s'22.M&N 97 100 Phil & W Ches 1st 5s '18___ J&J 100 101 Lindell Ry—See United Rys (St Lo Chrls&lOth St 13t45'18A&O Mtge gold 49 1954 J&J 84 86 Little Rock Ry & Else- Col & 9th Av 1st 5s '93__ M&S 100 Pitts Alleg & Man—See PhilaCo 1908_ A&O 101 Eighth 1st g 55 1933 op %5 Av cert Ind 6s'19.F&A 98 _ 102 Pitts & Birm Tr—See Phila Co Ref & ext g Os 1938 A&O 98 LexAv&P Fy 1st 5s g'93.M&S 93 Vs 99 Pitts & Charlerol—See Phila Co Lockport & Olcott—See Inter nat Tr (Buff.) SecondAy con Os g'44 gu.P&A 10 P McK&Con—See W Penn Rys Lorain & Clev—See LakeShElec Trust Co ctfs of deposit_ I 10 Pitts McK & Greensb Ity- Los Angeles Pac—See Pac El Ry South Ferry 1st Os 1919_A&O 1st g 5s 1931 j&si 70 83 Los Angeles & Pasadena—See Pac El ec Ry. Tar W P & Mam 53 g '28M&S Pitts Trac—See Philo, Co Los Angeles Ry Corp- Third Aye—See under "T." Portland (Me) RR- 191 & ref s f g 53, 1940 J&D 89 34th St Crosst 1st .5s '96_A&0 95 98 1st con 331s 1951 op '31_J&J Los Ang Ry 53 g 1938 96 23d St. Ry. 53 1962 96% 1st 1 & con m 5s 194.5__M&N 95 100 Los Ang Trac 1st g 5s'38J&D 71 96 N Y & Queens Co 4s g '46A&0jT 9294 95 Louisville & Nor Ry & Light- Steinway Ry—lst g 65'22.J&J 97 101 1st g 5s 1925 opt 1910J&D 80

Mils price Includes accrued interest. k Last sale. n Nominal. a Sale price. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis 42 STREET AND ELECTRIC RAILWAY SECURITIES. [VOL. 101. NOTICE.—A11 bond prices are now "and interest" except where marked "I" and income and defaulted bonds.

Bonds. Bid. 1 Ask. Bonds. BiJ Ask. Bonds. Ask. .1111MNIO r(inland Ity Lt & Power- Southern Trac—See Phila Co United Rys Investment Co- 1st & ref s f 5s 1942 op__ F& 80 South Ferry—See N Y Rys 1st lien coil tr s f g 59'20 MAN 74% 75 5% notes May 1 1917_ M&N, South Jer G E & T—See Pub Ser Corp United Traction (Albany)— Porti'd Ry ref 5s '30 op_MA.-N 95A 96 South Sh & Best—See Old Colony Deb g 4%s 1919 MAN 88 90 City & Sub 63'16 opM&S So Side El 4 As 1924 op '10_J&J 87 89 Con g 43s 9004 J&D 80 83 Con g 4s '39 op '15_J&DI 87 Southwest Missouri RR— Tax-exempt 80 83 Port Gen Elec 1st 5s '35_J&J Gen dz ref 5s 1931 M&S Albany Ry con M 5s g '30 J&1, 97 100 Porto Rico Rys, Ltd- S W Mo El Ry ref 5s 1923_M&S 39131 Gen g 55 1947 •J&D 97% 100 1st g 5s Nov 1 1930 op_ M&N 77 80 Spokane & Inland Empire RR WTurn&RR 1st g Os '19 1W&N, 100 101 Providence Securities Co— 1st & ref g 59 1926 opt_ :NUN 78 823 g Os 1919 M&N 1 loo 101 Deb g 4s '57 op '17 gu__M&N GO 63 Springf & N E Tr—See St L Sort ngf & P eoria— Troy City Ry 53 g 1942..A&0 95 97 R I Sub 1st g gu 4s '50 J&J 80 85 Springfield (Ill) 11.y & Lt Co— Unit Tr (Pittsb)—See Phila Co United Tr&El 1st 53 '33 M&S 93 100 Coil tr g 5s 1933 opt J&D 80 8031 Unit Tr & El—See Prov Sec Co Public Service Corp of N J— Springfield (Mo) Ry & Lt Co- Utah Lt & Ry (Salt L City)- Trust carts 0% perpet__M&N 103 105 1st s f g 5s 1926 opt____M&N 89 93 Cons Ry & P 1st 5s '21__J&J . 98 99% Gen g 5s Oct 1 1955 op__A&O 903. 90A Springfield (Ohio) Ry- Utah L & P 4s—See Gas Cos, P. 45. 5% coil notes 1916 rims 100/i3 100% 1st m 5s 1935 M&S 88 9331 Utica & Mohawk Valley Ity — Camden Sub 1st 5s 1946_J&J 102 Steinway Ry—See N Y & Qu Co 1st g 4 As 1911 M&S 92 93 C0119 Trac 1st 5s 1933 J&D 1013-, 102% SutterSt—SeeUnitedRRs(SauF) Utica Belt L 1st g 5s '39 MAN 105 108 Eliz Plaint & Cent .Ter Ry- Syracuse Lake Shore & Nor- 2d g Os 1931 J&J 102 105 1st g 5s Dec 1 1950 92 95 M '47 opt '17_M&N 58 63 Virginia fly & J&D 1st g 5s 093 Power— Elizabeth & Trent 53'62 A&O 91 Syrac Rap Tr 1st g 5s 1946_M&S 98A 1st &ref g Os 1934 J&J 89 Gas Cos—See Gas Secur p. 44 1 2d mtge g 53 1930 J&J 92 94 Nor? & Atl Term 5s '29 M&S 92 J C Hob & Pat 4s 1949_M&N 74A 75A Tacoma Hy t P—See Puget Sou ad Elec Nor? & Ports Tr 53 '36.. _J&D 82 823( Newark Pass con 5s '30__J&J 103 105 Tampa Electric Co- Wash Alexandria & Mt Vernon N Mid Co Ry Cons 5s'28_J&J 101 1st M g 55 1933 s f op__J&D 97 100 1st g 5s 1955 opt AticS 85 87 2d 5s ext to 1924____M&N 98 Tar. W Pi & Ma—See N Y Rys Washington Bait & Ann El- Nor Jer St Ry 49 1948_M&N 77A 78A Tann & Brock 1st g 53 '17_F&A 1st M Os Mch 1941 op M&S 783 793 Or & Pass Val 1st 5s '38..J&D 92 Terra Haute Indianap dz East- Wash Ry & El g 4s 1951 J&D 81 81% Paterson Ry—Con6sg'31.1&D 110 1st & ref s f g 5s '45 op_A&O 90 Anacost & Pot 5s 1919.._A&0 998 2d 6s '14 ext 5% to '44A&O 101 103 Terre Haute Trac & Light- Guaranteed R Tr St Ry 1st M 53 g'21.A&O 100 1st con M g 5s 1944_ M&N 95 99 City & Sub 5s g 1948_ _F&A 102 Riverside Trac 5s 1900_J&D 91 93 Terre Haute E1-5s '29_ J&J 97 Metropolitan 1st 5s 1925 FAA 103 104A So Jersey Gas El & Trac— Tex Trac—Ist s f g 5s'37opt J&J 90 Washington Water Power Co— Guar g 5s Mch 1 1953 M&S 98% 100 Third Avenue Ry (N Y)— Consol & coil in g 5s 1929_J&J 99A 100 Pueblo & Sub Tr dr Ltg- 1st ref g 4s 1960 op aft '14 J&J 84 84% 1st refg g 5s 1939 op____J&J 993 101 1st s f 5s 1922 A&O 873. 90 AdJ hie g 5s Jan 1960 op_ A&O 783A 79 Waterloo Ced Falls & No Ry- Pueblo Tr & Ltg 53'21 op J&J 97 100 Third Av RR 1st 5s g 107 107% 1st Msfg 59 1940 op '15_J&J Puget Sound Tr L & Pow— Dry Dock E Bway & Batt'y Watervliet Turnpike & RR—See Un Tr (Alb) Mort 63 Feb 1919 F&A 993 101 1st 5s gold 1932 101 Westchester Elec—See 3d AvRy Puget Sound Electric Ry- Certif indebt Os '14___ FIDA 98 1531 West Chester (Pa) St Ry- 1st consol g 59 '32 op_ P&A 80 85 42nd St M dr St N 1st 6s '10, 1st g 53 Aug 7 1932 F&A 80 90 Tacoma Ry&P 5s '29 A&O 90 Ext at 5% to 1940 M&S West End St—See Boston El Puget Sound Power Co- Sou Boulev g 5s 1945 J&J West End Trac—See Phila Co 1st g gu 53 1933 opt J&D 93 96 28th&29tia St5s'96 ctfs A&O Western N Y & Pa Trac- Quebec Ry L H & Pow— Union Ry 1st 5s'g 1942 F&A 100 102 A 1st & ref g 5s 1957 op '12...1.1a 83 85 Cons g 5s 1939 opt__ J&D, 54 50 Westchester El 1st 5s g'43-T&J 85 91 W Ohio Ry—lst 5s 1921__M&N 92 Rapid Ry—See Det United Ry Yonkers Ity 1st 5s 1946_ A&O 89 93 West Liberty St—See Phila Co Rap Tr St Ry—See Pub Ser Cor Thirty-fourth St Crosstown—S ee N Y Rys. West Penn Railways Co- Reading Trac Os 1933_ _ J&Ji 108 111 Toledo Bowl Green & Southern 1st g 5s Jan 1 1931 A&O 99 100 Read&Wom—Ist Ss g '25 J&J 100 101A 1st g 5s May 1 192L_ .M&N 85 Pitts McKees & Connells RR Repub Ry & L 5%notes'16-1&11 100 Tol Frem & Nor—See LakeShEl 1st eons g 5s Jan 1 '31 _.I&J 99 5% notes Dec 1 1918 J&D. 97% 97U Tol & Indiana 1st Os 193I_J&J West Penn Tr 1st 5s 1900_J&D 80 81 R I Sub—See Prov Secur Co 1 Toledo Trac Light & Power- 6% notes 1917 op M&S 99 100 Rio de Janeiro Tram L & P— 1st lien Os Feb 1918 op F&A 993 101 W Ptiiia Pass—See Phila It T Ist g 5s 1935 90 Tel & West Ry 1st g 5s '20 J&J 58 61 Whatcona Co Ry&Lt 58'35M&N 02 Roanoke Tr & L 1st 5s '58_FjZAT. 88 Topeka Ry-5s '30 op '15 J&J 95 97 Wheeling Trac 5s g 1931___J&J 85 92 Roch Ry & Lt 59 '54 opt J&J 97 100 Toronto Ry 4s 92 95 Wilkes-Barre & Flazieton RR- Tax exempt 97 100 Trent St Ry—con g 53'33 J&J 98 1st cell tr g 5s 195I__ MAL N 15 f30 40 Roch Ry cons 5s g 1930_A&O 100 101 Trent Pass 6s Sept30'31 A&O 110 Wilkes dr Wyo Val-5s '21 A&O 100 101) 79' 2d 5s g 1033 J&D 99 101 Trent Penn & Hop 5s '43_J&D 93 95 Wilkinsb & E Pitts—See Phil Co Roch Syr & E 1st 5s 1945_M&N 4SA 50Y1 Tr -City Ry dr Light— Willapa Elec Os 1923__J&J 90 95 Rock Island Southern Ry- Coll tr s f g Os 1923.. A&O 98A Wilrn & Claes Tr g 5s 1918.. A&O 93 90 1st g 5s 1947 op aft '13.. _J&J 36 1st & ref g 5s 1930 opt__J&J 92A 95 Winnipeg El—lst ref 5s '35 J&J 90 97 Rockford dr Inter-Urban Ry- Troy City Ry—See Unl Tr (Alb) Wisconsin Edison Co— 1st g 53 1922 op 1907 A&O 90 95 28th & 29th Sts—See 3d Ave Ry Cony deb 6s 1924 MAN 923 94 Rockford & Freeport 1st g gu Twin City Rapid Transit Co— Wisconsin-Minn Light & Power — 5s 1923 op aft Feb '10 M&N 90 95 Minn St It con 5s '19 J&J15 100 1st & ref 5s 1944 op '19_ M&N 923 95 Rock B & J 1st g 5s'30guA&O 90 95 St Paul Cy—lst g Os '32_ A&O 106 1 Worcester dr Conn Eastern- Rutland RyL&P lst5s'46 M&S 83 88 1st cons Os g 1Q34.. _...A&0 106A 1st s f g 4 qs 1943 J&J 90 Sacramento Elec Gas & Ry— Cable con 5s g 1937__J&J15 101A 102% Wore Con St 43.s g 1920_ M&S 98 Cons 5s Nov 1 1927_ __M&N 101 Guar g 54 1937..' •101A 102A 1st & ref g 43S 1930____F&A 95 Saginaw-Bay City Ry- Minn & St P Sub 59 '24M&S Deb g 5s 1927 MAN 100 1st & ref g 5s 1935 M&S 80 85 Minn St dc St Paul City— Wore & Clint 1st g 5s '19_J&J 100 Saginaw Val Tr 5s 1920_ F&A 96 100 Cons guar g5s 1928 _A&O 10131 102 Wore & Marib 1st 5s'17_A&O 100 St Charles St—See N Or Ity & L Underground Elec Ry of London Worc&Southb 1st 4 As '22 M&S 973 St Joseph Ry Lt Heat & Pow- 4s Jan 1 1933 , 94 Wore & Web 1st g 5s 1919-T&D 98 1st g 5s Nov 1 1937_ __M&N 95 97 Income Os Jan 1 1948 1 70 1 78 Yonkers Ry—See Third Ave Ry St L Cable—See Un Rys (St Li Union Depot—See United Rys St. Lou Is York Rys-1st M g .5s 1937 opJ&D 923 93 St L Cable tzW—See U Rys,StL' Union Elev—Seo Northw Elev Youngstown A Ohio River- St L & Mer—See Un Rys (St L) Union Ry—See Third Ave Ry 1st M g 5s 1935 opt '15_ A&O 04 97% St Louis Springf & Peoria RR- Union Ry Gas & Elec Co MO— Youngstown & Southern Ity- 1st & ref gu g 5s '39 op .T&D 89 92 Col tr g 5s 1939 cony op_J&J 87 1st 'M s f g Os Oct 1923_ _A&O St Louis & Springf 5s'33_J&D 98 5% gold notes 1916 opt_ M&S 100 1003 Youngs-Sharon Ry & L—See M ah & S Ry & L Spring &. N E Tr 55 1936 J&D 98 Union Trac Co of Indiana- Zane3v Ry LAP—See Col New dz Zane sville St L & Sub—See Un Rys (St L) 1st g 5s July 1919 90 93 STREET RAILWAY STOCKS St L Tran—See Un Rys (St L) Indianan North'n 5s 1932 jJ.13& 73 77 Par. St Paul City—See Twin C R Union Utilities Os 1944 op_J&J Albany Southern RR com__100 Salt Lake Term 63 1935 J & D 102 United Light & Rys Preferred 100 Sand Frem & So—See Lake ShEl 1st & ref g 5s 1932 op.. J&D 873 883 Allegheny Trac—See Philo, Co San Fran Oak & San Jose Con— 6% gold notes 1918 opt_ _J&J 100 101 Amer Cities Co corn 100 ION Con 5s May 19 1938M&N19 50 6% gold notes 1920 opt J&T 9931 101 Preferred 1050 4231% 4331 SFO & SJ Ry 1st 5s '33_J&J 85 87% United Power & Tran— AmericanRailways Co 32 2d M g 5s 1933 s f ma 623 70 Del Co & Phi tr ctfs4s'49 66 70 Preferred IOU 97 98 Santiago (Cuba) Elec L & Tr- United Rys tr ctfs 49 '49.J&J 75 753 Arkansas Val Ry L & P pt_ _..l00 85 90 1st g 63 1959 opt '19 3,la 92 96 United RRs of San Fran Augusta-Aiken Ry & El _100 Sao Paulo Tram L & P, Ltd- S t g 4s April 1 1927...... A&O 46'3.1 473 Preferred 100 1st g 5s June 1 1929 J&D/ 86 90 Market St con g 53 1924_ M&S 72 Aurora Elgin & Chicago___100 331 10 Savannah Elec Co 5s g '52_J&J 733i Omnibus Cable 1st 63'18 A&O 95 erirleyd 100 3331 35 Schenectady Railway Co- Unit Rys & Elec (Baltimore)- BangorPref & El common_ _100 40 45 1st g 4 As 1941 op 1911_M&S 98 100 1st consol g 4s 1949____m&s 82% Preferred 100 114 110 Schuylk Trac—lst 5s 1943 A&O Cony dr co15% notes'18 J&J15 10031 1003 Bay State St Ry 1st pref 100 Scioto Vail Tr 1st 5s 1933 M&S 94 96 Incomes g 4s 1949 op '29 J&D / 6331 64 Birtn Ry Light & Power 100 65 80 Scranton Ry—lst 5s Nov'32.T&J 97 100 Inc funding g 59 1936_ _J&D 86 803. Preferred 100 70 85 Gen g 5s 1920 opt M&N 96A 98% B C & Ell Mills Os g gd'16_J&J 1023' 10331 Bleeck St & Fiil Fy—SeeNYRys Am Rys Tr ctfs—See Am Rya Bait Sparrows Pti. 9t:5_C3 h_e_s -p&A Boston Elevated RR 100 • 81 81% Scran Trac 1st Os g '32_M&N 106 110 1st g CU 96 West End Street Ry com_50 d 623 633 Scran & Carb Tr 1st Os '23J&J 101 105 Balt Trac Co 1st M 54'29_ M&N 8103A Preferred 8% 50d 83% 84 Scran & Pittston Os '23 A&0 100 104 No Bait Div 1st 5s'42_J&D 102 j' 104 Boston Suburban Elec Cos__ 0 7% Seattle Elec 1st g 5s '30 op P&A 98 100 Cent Ry con M g 5s 1932_ M&N Preferred 49 Con & refg s f 5s 1929___F&A 92 95 Ext & imp 5s I932___M&S s103 Boston & Worcester Elec Cos_ 5 Seattle Ry 5s 1921 opt_ _M&N 98 100 City & Sub 1st 51 1922...I&D 102 1023 Preferred 45 47 Seattle-Everett Traction- Lake Ito El 1st 5s '42 M&S 10331 104 Brazilian Tr L & P Ltd 100 z - -- 54 1st M g 5s 1939 op '14_ _M&S 91 94 Unit Rys(Phila)—See Unit P &T B'way & 7th Av—See N Y Rys Second Ave—See N Y Rys United Rys of St Louis— Brooklyn Rapid Transit 100 8931 90 Second Ave Trac—See Phila Co Gen g 4s July 1 1934.- J&J 6431 013 Brooklyn City RR 10 172 175 Sharon & New Castle Ry- Cass Av & F Oils 1st 5s 1912 Calif Ry & Pow prior pref___100 85 90 1st g 5s guar 1931_____.T&J 97 100 Ext at 43.% to 1922 J&J 90 98 Calif St Cable It It(San Fran)l00 Shrevep Rys—lst 59 '18-'44 J&J Basis 5U% Lindeil Ry 1st g 5s 1911 . Camden&Sub—See Pub Set' Con Sioux City Service Co- exten at 4Ao."-, to '21_F&A 95% Capital Tree (Wash, D C)._100 87 87% 1st & ref s f g 5s '28 op___J&J 93 97 Cornpt HUD&M Ter Os '13 Carolina Pow & Light, corn_ 100 223. 25 Sioux City Tr 1st 5s 1919 J&J Ext at 5% to 1923_ .T&J 901 10031 Cent Arkau Ry&LCorp pee? 100 95 99 South Carolina Lt Pow & Ry- St Louis Ry (B'way) 5s 1910 Cent Crosst—See N Y Rvs 1st s f g 5s 1937 opt__ _ _ M&N 83 873 ext at 4% to 1920_M&N 97 973 Cent Pk N&E It—See N Y Rys South Coy & Cin—See Cin New& Coy Southern Elec 53 1916__F&A 1003.1 Char Con ity Gas & Elec Co_50 d Sou B'vard—See Third Ave Ry Union Den con 6s g 1918 _J&D 102 Chic City & Conn corn part etre_ d 5 South Elec Ry—See United Rys (St 1.) St L & Sub 1st 5s g 1921 FAA 99% Pret panic cas 20 Southern Light dz Traction— Gen g 59 Apr 1 1923 gu A&O 73 75 Chicago City Ry 100 98 110 Coll tr g 5s 1949 opt _M&S 89 93 St LA Meram 6s g'16 _M&N 10031 --- Chicago Elevated Rys corn 25 South Ohio Tr—See On Day & Tel StLouls Trans Co:is1924 A,tzo 58 60 Preferred _____ - 70 Assessment paid. a Purchaser also pays accrued dividend. d Price Per share, not par cent. .1 This price includes accrued int. k Last sale. n Nominal. s Sale price. z Ex-dividend. y Ex-rights. Atin.—Nlintrniun price oa Montreal or Toronto Stock Exchanges. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis DEC., 19151 STREET RAILWA YS-71IISCE LLINEOUS SEC URITIE S. 43

Stocks. Par. Bid. Ask. Stocks. Par) Bid. Ask. Stocks. Par. Bid. Ask. Chicago Rye partic ctfs ser 1___ 73% Jacksonville Traction corn ._100 30 Portland (Ore) Ry Lt & Pow— Series 2 18% 18% Preferred 100 50 New stock (75% paid)___100 18 20 Series 3 4 Kansas City Ry & Lt corn....100 25 26 Porto Rico Rye Ltd 100 46 Series 4 • 1% 2% Preferred 100 55 56 Preferred 100 100 Chris & 10th Sts—See N Y Rye Kentucky Securities Corp 100 18 21 Providence Securities Co— Cin Dayton & Tot Tr com__100 13 Preferred 100 70 75 United Trac & Electric_ 100 92 95 Cincinnati & Hamilton 100 75 Lake Shore Elec common _100 Public Service Corp of N J 100 113 114 Preferred - 100 100 First preferred 100 Camden & Sub ($5 paid) 25 2 19 20 Cin New & Coy Lt & Trac 100 83% Second preferred 100 Consolidated Trac of N J_100 71% 72% Preferred 100 73 75 Lancaster Co(Pa)Ry&Lt pref 502 42 45 Elizabeth & Trent corn... 50 40 Cincinnati Street Ry 50 101 100 Lehigh Valley Transit corn... 502 18% 18% Preferred 50 72 Citizens' Pass—See Phtla R T Preferred 5Q2 38 38% Rapid Transit St Ry Co...100 225 Citizens Trac—See Phila Co Little Rock Ry & Elec 100 So Jersey Gas Elec & Trac 100 125 128 Reading Tr Preferred 100 Puget Sound Tr Lt & Pow....100 24 25% City Pass Ry—See 71% City Ry (Dayton, Ohio)__ _ _100 120 Louisville Traction Co 100 72% Preferred 100 68 70 Preferred 100 Preferred 100 101 102 Quebec Ry Lt Heat & Pow 100 17% 18 Cleveland Ry 100, 1073 107 Manhat Elev Ry (N Y)___ _1001 130 132 Railways Company General_ 10 k 8% Cloy Painesv & Eastern.. 100 Mass Electric Companies 100' 6% 7% Reading Traction 50 Jr 27% Cleve Southw az Col Ry...... 100' Preferred, stamped 106 38 39 City Passenger Ry 50 d 115 120 Preferred 100' Memphis Street Ry corn 100' East It ading Electric Ry 50 d 70 Columbia (SC) Ry Gas & El 100 Preferred 100' Reading Transit & Lt, pref__50 a 85 90 82 90 Mexico Tramway 100 36 40 Republic Ry & Lt corn...... 100 22 23% Preferred 100 100 Columbus Ry Pow &• L com____1 50 53 Milw Elec Ry & Lt pref_ _ _ _100 Preferred 100 71 74 I 93 97 Monongahela Val Tr corn__ A00 57 60 Richmond Light & RR 100 10 20 Preferred A 70 80 Preferred B 72% 77% Preferred 100 Roch Ry & Light preferred.... 100 85 87 56 57 Montreal Tramways corn.._ _100, 220 Rutland Ry Lt & Pow 100 Comath Pow Ry & L coru__100' 40 Preferred 1001 83 84 Montreal Tram & Pow i St Jos Ry Lt Ht & Pow rect_100 95 100 Nashville Ry & Light pref.. 100 100 Preferred 100 67 70 Coney Island & Bklyn RR_ _100, 33 Conn Ry & Lighting 100 65 New Bedford & Onset Ry__ _100 San Fr-Oak Term Rye pf A 100 67 New Eng Inv & Sec pref gu..100 Savannah Electric Co 100 5 Preferred 100 11 Cons Trac of N J—See Pub S CT New On Rye & Light Co_ __100 Preferred 100 20 30 Preferred 100 49 Scioto Valley Trac corn...._ _100 12 15 Contin Pasa—See Philo, R T 18 21 Cumbilid Co (Me) P & Lt.. 100 42 44 New York Railways 100 First preferred 100 99% 101% 100 92 93 Bleecker St; & Fult'n F'y_ _100, 16 25 Preferred 100 80 85 Preferred 160 Dallas Elec Co common_ i00 21 26 Bway & 7th Ave guar_ _ _100 170 So Jer Gas El & Tr—See Publi c Servic e Corp 1st preferred.. 100, 84 Central Crosstown 7% _100 Southwest Missouri RR.._ ...100 common..11000 60 65 Christopher & Tenth Ste.. 100 100 128 Spokane & ml Emp-Cap stk 100 2d preferred 280- Dayton & Western 90 Eighth Ave 100 Preferred ctfs 100 8 15 100' 42d St & Grand St Ferry_ _100 220 260 Springfield (Mo.) Ry. & L. pref 95 100 Preferred 125 Denver & Northwestern Ry_100; 28 32 Ninth Ave guar 6% 100 160 Tampa Elec Co 100 140 142% Detroit United Ry_ 75 Second Ave_ 100 Tennessee Ry L & P corn_ _ _ 100 11 12 Duluth-Superior Trac Co___110001 69 55 Sixth Ave 100 110 120 Preferred 100 45% 47 Preferred 100 60 70 Twenty-third St guar_ 100 220 260 Terre Haute Ind & East...... 100 3 6 Duquesne Light—See Phila. Co_ N Y State Rye common...... 100 56 59 Preferred 100 20 30 Eastern Penn Rys corn 100 4 10 Preferred 100 76 80 Terre Haute Tr & Lt pref_ _ _100i 99 104 East Readig El—See 11.'d'g Trac Norfolk Railway & Light.. 25d Third Ave Ry (N Y). 100! 61% 62 East St Louis & Suburban-.100. 15' 17 Northampton (Mass) St Ry_100 90 94 Toledo Bowling' Green & So_1001 100 49 52 Northern Ohio Tr & Light _100 65 Toledo Rye & Light Co 1001 Preferred I Eighth Ave—See N Y Rye I Preferred 100 • 98 Toledo Trac. L & P corn.... 100 19 Elmira W L&R it 1st pf v t c_100, 103 106 North Texas Elec Co corn.. _..100 68 70 Preferred 103 36 El Paso Elec Co common.. 100 120 Preferred 100 85 Toronto Railway 100 109 110 Preferred 1001 95 Ohio Traction—Common 11)0 12% 18 Tr -City Ry & Light Co 100 Fairmit Pk&Elad—See Phila. ItTI Preferred 100 60 70 Preferred 100 93 95 Fairmount Park Transport'n 50 d Omaha & Council Bluffs___ _100 45 50 232 Street—See N Y Railways Federal Light & Trac corn.. 1Q01 9 11 Preferred 100 63 72 Twin City Rapid Transit__ _100 96 98 Preferred 100 48 Ottumwa(Ia)Ry & Lt prof 100 85 90 Preferred 100 131 Ft Wayne & Nor Ind Trac...100 Paducah Tr & Light com 100 5 UnionStRy(New Bed,alass) 100 161 Preferred 100 Preferred 100 20 Union Trac of Ind corn____ _100 231 5 Galveston-Houston El Co_ 100 63 Pensacola Elec Co, corn _100 5 First preferred 100 36 Preferred 1001 85 87% Preferred 100 55 Second preferred 100 8 9 s 10 Georgia Ry & El Co stmpd_100; 117% Phila. Co (Pittsburgh) 50d 44%, 44% United Light & Itys corn 100 44 46 Preferred 100 85% 87 5 non-cum preferred O35 36 37 First preferred 100 74 76 Georgia Ry & Power corn.. _..J00 16% 18 6% cum preferred 50 d 43 43% Second preferred 100 First preferred 100: 78 81 Allegheny Traction 502 United Railways of St Louis— Second preferred 100; 25 27 Citizens Traction 50 d 50%; Common vet trust ctfs_ 100 Grand Rapids Ry preferred_100' 60 65 Duquesne Light pref 105 Preferred 100 19 20 Halifax Elec Tramway Co_ _100 z 160 Federal St & Pleasant Val_ 1(Ed 1IN 22 United Rye & Elec(Balt) corn 50 d 24% 24% Havana Elea Lt az Power_ _1001 88% Pittsburgh & B'harn Tr.._ 50d 35 United Rye Investment Co..100 22 22% Preferred loq 98% i55-- United Traction preferred 502 17 Preferred 100 40 41 Holyoke Street Ry 100' 105 108 PION Rap Tran Vot Tr Ctfs_ 502 18% 18% United Trac & Elec—See Prov Sec Co Houghton County Tr corn_100' 40 Citizens' Passenger guar__ 50d 253 260 Virginia Ry & Power corn__ _100 47 50 Preferred 100 85 Continen Pass Ry ($29 pd) 50dn105 110 Preferred 100 99% Illinois Traction common_ _100 z 61 Fairmit Pk az Haddingin 50d 53 60 Wash Bait & Annap common_50 8 Preferred 100 91 Frankf'd & Southwark Pass 50 d 335 340 Preferred... 50 d 25% Indianan & Southeast Tr pf_100 85 Germantown Passenger.... 50 d 100 102 Wash Ry dc El common_ 100 x 81 83 Indianapolis St fly Co 100 97 102 Green & Coates Sts ($15 pd)50 2 110 115 Preferred 100 z 82 82,i Indiana Rys & Lt common_ _100; 44 48 Hestonville M & F corn__ 502 35 40 Wash-Virginia Ry, pref 100 Preferred 100 99 101 Preferred 50d 55 60 Washington Water Power Co100 70 73 Indiana Union Traction.. _100 PHI),Cy Pass Ry(3233j pd)50d 140 145 Western Ohio RR ctfs 100 Interboro Consol Corp v tc_- 21% 21% Phil & Gray's Fy ($25 pd) 50d 75 78 West Penn Rye preferred 100 70 75 Preferred _i515' 79 79% Philadelphia Traction 504 76% 77 West Penn Traction pref_ ...100 50 55 Interborough-MetroPolitan Co- Ridge Ave Pass ($28 paid) 50 d 224 227 West Penn Tr & Wat Pow 100 16 18 Common vot tr ctfs ext 100 21% 22 2d & 3d Sts Ry guar 50d 215 220 Preferred 100 40 50 Preferred 100 81 83 13th & 15th Sts Pass Ry 502 215 220 Winnipeg Electric Ry 100 135 145 International Trac (Buffalo) 100 37 Union Pass ($30 5-6 pd)... 502 165 170 Wisconsin Edisou common_ _100 35 40 Preferred 100 85 Union Traction ($17% pd)..50 2 453-s 45% Wisconsin-Minn L & P, pf_100 95 100 Inter-State Rye preferred 10'2 9% 10% West Phila Pass _ 5661n185 195 York (Pa Rye common...... 50 d 931 9% 1 Pittsb & Birm—Seeguar__- Phila Co Preferred 501d 3331 34%

a Purchaser also pays accrued dividend. 4 Pr ce per shire, riot oar it. k Ltst, sale. n Nominal. e Sale price. t Stamped stock. to New stock. x Ex -dividend. v Ex-rights. min. Minimum price on Montreal and Toronto stock exchanges. MISCELLANEOUS cECURTTIES. • Quotations marked "f" indicate that accrued interest is included in the price. Prices not marked are "and interest," that is, purchaser has to pay accrued interest in addition to the price. This, however, does not apply to income bonds and bonds in default, in which cases-the price takes account of the interest and no deiignating mark is employed. NOTICE.—All bond prices are now "and interest" except where marked "f" and income and defaulted bonds.

Bonds. Bid. Ask. Bonds. Ask. I Bonds. Bid. Ask. COAL, IRON 5: STEEL BON DS. Continen Coal 55'520p'06. RICA f 20 Lehigh Coal & Nay- Ala Steel & Shiplakig—See Tenn C I & RR. Domin Coal 3s '40 op '10_ _ M&N 93 95 Gen M g 4%3 May 1924__Q-F 1013( 102% Beech Creek Coal & Coke Co— Dominion Iron & St 5s 1929..J&J 85 Fundiug 43 g July 1 1948 _J&J 96 98 let s f gu g 5s 1944op'07.J&D 88 92 Eastern Steel lst5s'31op'16F&A 83 85 Col In power 434s '21 op_J&I) 9931 101 Bethlehem Steel Corporation— Fairmont Coal 5s 1931J&J 96 97 Coil tr g 4ais 1930 op___M&N 99 101 Beth St let ex g 5s '26 gu.J&J 102% 103 Grand River Coal & Coke—See Col Fu & Iron Con s f g 434s 1954 J&J 10131 101% Beth St pur in as Aug '98.Q-F 11834 11931 Flock Val Products 53'61 op.110 22 27 Leh & W-Barre Coal—See Cent RR of NJ p 34 Beth St 1st I & ref 53'42_M&N 101 10134 Illinois Steel—Deb 434s'40.A&O 91 913.4 Maryland Steel 1st .5s 1922.F&A 98 100 Bon Air Coal 2d ser 65 '28_ _J&J 85 93 Indiana Steel Co- Mexican C & C 5s 1926 op_ NISGS 20 Buffalo Iron 5s 1925 A&O 80 83 1st s f g 51 1952 op '16 M&N 10131 102 Monon Coal—See Chic Ind & L Ry p 35 Buffalo&Susq Iron 55 1932J&D 9134 Inland Steel 1st Os l916-28..A&O b5.25% 5% Monon Riv Con C&C63'49 A&O 112 115 Deb g 5s Jan '26 op '10 M&S 8534 83 Ext&ref 6s '42 op'16 serA...1&.1 10231 103 National Tube 1st 5s 1952 M&N 10034 101% Cambria Steel 5% scrip 1916._ s 102 Jeff & Clear C&I let 5s'26_J&D 102 NY&,•Wilkes-B Coal Os 33.M&N n 25 5% scrip Feb 1917 100 101 2d gold oR 1926 J&D 91 O'Gara Coal5s 55 op aft'03.M&S f 40 50 5% scrip May 1917 ______--• 100 101 Indiana Co let s f 5s '50__J&J 92 Permsylv C & C 1st 58 '32 op.T&J 95 97% Col Fuel & Iron s f 5's 1943_ F&A 93 8 95 Jones & Laughlin St 5s'39 MAL N 10131 10234 Permaylv Steel let .5s 1917.M& N T 100 101 Col Fuel gen g Os 1919_ _M&N 100 Kanawha & Hoaking C & C Co — Pa& NM Steel con g 6s'25.M&S 102314 104% Gr'd RivC&C Os July'19.A&O 943( let g gust 5s '51 op '06 It T f 30 70 Span-Amer Iron 6s 1927_J&J 1013.4 102 Colorado Industrial— La Belie Iron Wks 6s 1923_J&D Pitts-Ruff sf rre29 09 aft'12.F& A 85 90 ist g gu 5s ser A&B'34opF&A 7634 77 Lackavi• St 5s'23 op to '06 _ A&O 98 9334 Pitts Coal deb 5s July 1931M&S 96 Cons Ind Coal 5s '35 gu opt..I&D 20 let 5.3 1950 op after 1915.M ttS 9334 941j Pittsburgh-Westmoreland Coal-I ConsoiCoai434s 1934 opt_ M N 9134 9334 6% gold notes 1917 M icS 101 101%, let s f g 5s 1947 opt____M&N n 70 75 let & rots f g 5s 1950_ _ _J&D 9034 9134 Latrobe-Connellsville C & C- I Pitts & Westm C5s'25op.M& N n 90 95 Corry 6% g '23 op aft '16.F&A 10334 104 1st s f g 69 1931 not__ _ ..I&D 100 ' Pitts We & L E Coal 49 '31-Tat.1 f 18 28 b Basis. f This price includes accrued interest. k Last sale. a Nominal. s Sale price

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis 44 MISCELLANEOUS SECURITIES. WoL. 101. NOTICE.—All bond prices are now "and Interest" except where marked "f" and income and defaulted bonds.

Bonds. Bid. Ask. Bonds. Bid. Ask. Bonds. Rid. Ask. Pleasant Vail Coal 5s 1928_J&J 83 Consumers' Power (Minn)- Minneapolis Gas Light- Pocahontas Consol'd Collieries- 1st & ref 5s 1929 op '14_M&N 933.-i 96 1st gen 58 Feb '30 op '14 M&S 98 99 1st gold 5s 1957 opt J&J 88% 8931 6% notes May 1917___M&N 9931 100% Minn Gen El 1st 5s '31 op_ -I& D 10031 101%, Republic Tr & Steel Os '40A&') 97 973/s Continental Gas & Electric- 6% notes June 1917____J&D 101 101% Roch & Pitts C&I 53 1946_M&N 100 1st lien coil tr 55 1927.. _M&N 88 93 Mississippi River Power- 1st s f g 4%s 1932 opt___F&A 92 Cumberland Co Pow & L—See S t& El R F, p.40 1st M g Os '51 opt .1&.1 78 79 Rocky Mountain Fuel- Dallas Gas 1st g 55 1925 opM&N 90 92% Mississippi Valley Gas & Elec— 1st & ref 5s 1941 op '14_A&O 713 73 Dayton Ltg 1st 55 '37 op'12M&S 9131 92% Coll tr Os May 1922 opt_M&N 70 72 Rogers-Brown Iron- Day El L 1st 58'21op'06 M&S 98 101 Missouri Edison El 55 '27_ F&A 99% 100 1st & ref g 5s 1916-40 opt.J&J 82% 86 Dayton(0)Gas 5s '30 op'15M&S 95 Mo El Lt as May 1921 _Q-M 105 Sloss Iron & Steel Ist6s'20_F&A 100 1023/ Dayton Pow & L 1st 5s '41_ J&D 86% 91% Mobile Elec 53 '46 op '10_M&N 88 90% Consol 4%s 1918 A&O, 97 Defiance (0) G&E 5s 1942M&S 88 92% IMI0onnotanngaahpeolawLer&_P 5s '49.. _J&D 95 100 6% scrip Jan 1916 1 99 100 Deny Gas & El 1st g 59'49 M&N 93 95% 6% scrip Oct 1916 1 97 99 Coll tr gu 6% notes 1917 A&O 99 100% 1st & ref s f 5s 1943op'18_J&J 945% 94% Span-Amer Iron—See Pennsylv Steel Detroit C Gas 5% g M '23_ _.1&.1 1003 103 Montgom (Ala) L \Vat & Pow- Sun Cr Co col tr f g 59 '44-I&J j 25 30 Prior lien 5s 1923 J&J 100% 101% 1st cons g 5s 1943 opt_ ___J&J Temple Coal s. f. 55 1924 J&J 10031 Gen g 5s 1916 to 1917 op_J&J Montreal Lt, & Power Co— Tenn C & RR gen 5s '51_ _J&J, 102% Det Gas con 1st g 5s '18 F&A 99 lst&col tr g 45%3'32 op'12 J&J 91 92 Birm Div 1st cons as '17_J&J' 101% 102 Det & Sub Gas 1st 5s '28.J&D 95 97 Gold 5s 1933 op 1913_ A&O 97 100 Tenn Div 1st 69 Jan '17_A&O 10145 102 Detroit Edison 1st g 5s '33_ J&J 10331 103% Muncie El L 1st .5s'32 op '12J&.1 97 98 Ala Steel&Shipbdg 69'30_J&J 103% Cony deb 6s 1924 F&A 129 132 Municipal Gas & Elec, Roch- Cahaba CM Co 1st 6s'22J&D 106 Cony deb 6s 1925_ _.T&J '15 124 126 1st M g 4%s 1942 op '12_ A&O 91 94 Union Steel Co 1st 5s'52gu.J&D 104% 10531 1st & ref 5s July 1 '40 M&S 99% 100% Municipal Service Co— United States Steel Corp— Duluth Ed El 1st 55 '31 op_M&S 94 97 S f col tr g 59Mar'32op'15M&S 89 93 Col tr s f 5s Apr '51 op '11.Var 113 114 East Pa Pow 53 '39 op'14_A&O 92 95 Muskogee(Okla) Gas & Elec- Col tr s f 5sApr'31 not op.Var 113 114 Eastern P & L 5s 1918._ _M&S 93 96% 1st & ref 55 1926 op '09—I&D 90 95 Cols f 2d 55 Apr'63op'13M&N 101 104% East Ohio Gas 1st 5s 1939__J&J 99 101 Nassau Lt & Pow 1st Os '27 A&O 1005% Utah Co 6% notes 1917_ _ _ A&O 10031 101% East Pa G & El 1st 5s '42_J&D 85 90 National Light, Heat & Power— Utah Fuel—See Den & R G RR p. 35. East St Louis (Ills) Lt & Pow- Coll trust 5s 1919 Ser B__J&J Vandalla Coal 1st 6s '30 op _.T&J 973-i 1st 59 1940 J&D 94 98 Coll trust 5s 1920 Ser C _J&D Victor-Amer Fuel 1st 6s'40F&A 70 90 Economy Lt & Pow (Joliet, Ill). Cent Ind Ltg, 53 1027..... M&N 65 75 Victor Fuel 1st s f g 5s 1953_J&J 75 1st Msfg 5s 1956 J&D 95 99 CityG&E(Paris,111)5s'35 A&O 85 95 Va Ir Coal & Coke 53 1949_M&S 88% 90% Edison Elec Co (Lancaster)- .Terseyville 59, 1935_ F&A 75 85 WebsterC&C 1st g 58'42op_M&S 90 95 Ref um! 5s 1943 F&A 100 101 Nevada-Cal Pow 6s 1927_A&O 100 101 West Kentucky Coal 5s '35_J&J 76 83 Edison Elec Co of Los Angeles- Newark Gas Os Apr 1 1944_Q-J 120 123 ELECTRIC LIGHT, OAS 1st & ref g 55 1922 op'07 M&S 983-f 100% Newark Cons Gas con Os'48J&D 1035% AND POWER BONDS. Edison Elec Lf ctfs g 59'46_ A&O 104 106 New London G&E 5s '27_ _A&O 100 103 Adirondack Elec Power Corp- Edison Lt & Pow (S F) 6s'21Q-F 105 2d M 59 1929 A&O 98 102 1st M gold 55 1962 opt__ _J&J 93 96 Electrical Securities Corp— Consol & refg 5s 1933.. _ _ _J&J 96 102 Amer Gas cony 6s 1917 _ __M&N 100 Coll tr s f 5s 1935 opt _ _F&A 98 100 New Milford Pow 1st Os'32 F&A Cony coil tr g 5s 1920_ __J&D 115 Empire Dist El 1st 5s'490pM&N 77 82 N Y Gas Elec L H & P Co- Non-cony coil tr g 5s'20_J&D 97 Empire Gas & Elec and Empire 1st g 5s Dec 1 1943 J&D 102 103% Am Gas & Elec coil 5s 2007.F&A 88 88% Croke it ist&ref 59'41 op M&S 95% Pur mon col tr 4s 1949_ _F&A 85 854,3 Am Pow & Lt 6% notes'21.F& A 97 99 Enid(0k)El&G lst6s'200p M&N 95 98 . Ed El Ill, N Y,con g 59'95.1&J 107% Am Pub Util 6% notes '18M&S 98 100 Equit Gas(Memphis)—SeeMem Cons G&E Central Un Gas 5s g 1927J&J 100 Amer W W & El 5s 1934_ A&O 70 72 Equit G & E Utica 5s 1942 A&O 101 Equitable Gas 55 1932.. _ _M&S 100 104 Appalachian Pow 5s 1911_J&D 55 60 Equit HI Gas, Phila., 55 g'28 J&J 105 100 New Amster Gas 5s 1948..I&J 100% 101% Arizona Pow 6s '33 op '13 M&N 83 88 Erie Ltg 5s 1942 op '17...... _A&O 90 93 NY&ER Gas 1st g 5s '44_J&J 101 Asheville (N C) Pow & Light- Evansv G&E L 5s'32op'12 J&D Con 5s 1915 J&J 99 1st s f g 55 1942 opt_ ___A&O 93 96 Excelsior Springs \Vat, Gas & El NY&Westch Ltg 2004-J&J 80 82 Atlanta Gas Lt 5s g 1947__J&D 102 1st M 6s 1932 op J&D 95 98 Deb g 5s 1954 op guar_J&J 94 99 Atlantic City (N J) Gas- Ft Worth Pow & L 5s '31_F&A 95 98 North Un Gas 58 1927.M&N 100 1st g 59 .Tan 1 '60 opt' 20_J&J 74 79 Gas&E1 of Bergen Co 59'49 J&D 100 Standard G L Os 1930_ _M&N 100% Bait Elec 1st g_5s '47 gu___J&D 99 99% Gen 5s Nov 1 1954 • M&N 93 N Y A Queens Elec Lt A Pow- Bangor (Me) Fewer- General Elec 334s 1942 op_F&A 7831 80 1st cons g 5s Aug, 1 1930_ F& A 101 1st M 4-434-5s 1931 opt M&S Deb g 5s 1952,op __M&S 1013. 105 NY&QueensGas 1st 55 '34 FAA 93% 96 Bay Counties Pow 53 '30_ _M&S 101% General G & El 1st 5s '32 J&J 65 75 N Y & Rich Gas Os 1921_ _M&N 92 96 Binghamton Gas 55 1938_ _ A&O 97 100 Gr Rap Edison 5s g 1916_M&N 10031 100% N Y & Suburban Gas—See West,chester Light'g Blackstone Val G&E 5s '39_J&J 99 101 Grand Rap G L 5s 1939_ F&A 9931 100 'Niagara Falls Pow 55 19:32_J&J 100% 10143 Boston El L 1st con 5s '24_M&S 1003j 102 Gt Falls Pow 1st 65 '40 op M&N 98% 99 Refg & gen 6s Jan 1932_A&O 104% Bridgeport Gas Lt 4s 1952_J&J 94 96 Great West Pow 5s 1946 op_J&J 8231 83 Niagara L H & P 1st Os'22 MAN 60 75 Bronx G&E 59'60 op aft'20_J&J 96 99 Guanaj'to P&Elst63'32op A&O Cons & refg g 53'25 opt _M&N a 20 Bklyn floro Gas 59 1945 op J&D 93 Harrisburg (Pa) Light & Power- Niagara Lockport & Ont Pow- BklynUnGaslst con5s g'45M&N 104% 10431 1st & ref g 5s 1952 opt_ _F&A 98 99 1st s f g 55 '54 tax-exempiq&N 91 92 Buffalo City Gas g 55 1947_A&O Harwood El 5s '39 op'14_ _J&J 102 North Carolina Elec Power- Buff Gen Elec 1st 53 1939_ F&A 101 1st & ref s f g as '42 op_M&S 100 101 1st s f g 5s Oct '40 op '16 A&O 88 93 1st ref 5s April 1 1939_ —LW 100 101 HoughtonCo(Mich) El Light- North Cal Pow 5s 1932.___J&D 85% Buff & Niag Falls El L & Pow- 1st g 59 Jan 1 1927 opt..__J&J 90 95 R & cons s f 5s '43 op '15 J&D 71% 1st g 5s 1942 F&A 96 Houston L & Pow 5s 1931 A&O 94 100 Northern Mississippi Itiv Pow- Burl'ton (Vt) G L 5s 1955_ _J&J 91 93 Hudson Co Gas 59 g 1949_M&N 102 102% 1st M 5s, 1938, guar.. _J&D 92 95 Butte El&P lstsf 59'16-'51 J&D 97 99 Hud Riv G&E1 1st 58 '29_M&N 93 97 Northern States Power Co— California Electric Generating- Illinois Northern Utilities Co- Coll lien6 %notes gu'l7opJ&D 100 100% 1st s f g 55'48 opt aft'12M&S 82 1st & ref g 5s 1957 opt__A&O 86 87 North Idaho & Montana Pow- California Gas & Elec Corp— Indiana Ltg 45 1958 op..___F&A 70 72 1st s f g 6s 1949 op '14___F&A Sink fund g 5s 1933 opt_M&S 1003/i 102 Ind & Mich El 5s 1957 opt_ F&A 95 98 North Ont L & P as Apr '31...T&I 80 85 Unif&ref g 5s '37 op 5 f_M&N 963 96% Indiana Nat Gas & 0—See Peon les G L & Coke Nor Westch Ltg 5s 1955_ __J&D 85 91 Cal Cent Gas & El 55'31_F&A 100% 102 Indianapolis Gas 5s 1952.. A&0 94% 96 North Hudson Lt, & P Co Canadian L & P 59'49 op'14 J&J 60 Indianan L & H 5s 1940 _A&O 95 96% (Hoboken, N J) 5s 1938_A&O 100 Canton (0) El 59'37 op '12M&N 9431 97 Interstate Elec. Coro- North Shore Electric Co- Cent Ga Pow—See St & El, p 40 1st liens. f. Os 1933 __ __M&S 95 97% 1st g 55 1922 op 1912___A&O 93% 100 CentralIllsLightlst5s 1943_ A&O 93 96 Jackson(Mich)Gas 5s g '37 A&O 96 99 1st & ref g 55 '40 op '20_ A&O 98 CentMainePow 58'39op'19M&N 92 95 Jacksonv(Fia)Gas s 5s'42 J&D 94 North Shore Gas Co of Illinois- Cent Mex L & P 69'40 op'15 J&J Kankakee (Ill) Gas & Electric- 1st g 59 1937 opt F&A 88% 93 Cent N Y G & E— 5s '41_ _J&J 95% 1st & ref 5s 1930 op '13 M&S 92 Northwest Gas L&Coke (Chic) Tracy Devel. 6s 1944_ _ A&O 98 102 Kans City(Mo)Gas 5s '22_A&0 91 Cons g 55 Dec 1 1928 Q-M 97% 99 Cent States El 57,,gnotes'22J&D 89 91 Kansas G&E 1st 5s '22 op_ M&S 98 98% 5% gold notes 1917 opt_M&S 99% 100 Cicero Gas—See Northwest Gas Light & Coke Kansas Natural Gas 6s '16M&N 90 Cicero Gas gen&ref 5s '32 J&J 97 98 Cin Edison Elec-5s 1917J &D 9831 100 2d M Os 1913 J&J 55 Norwich(Ct)Gas&E g 5s'27 J&J 100 103 Cincinnati Gas Transportation- Kings Co E L & P 1st 59'37A&O 102% Oakland GL&II 2d Os 1916 M&S 100% 1st 5s 1933 guar op '13__J&J 91% 92 Purch money Os g 1997_A&O 1133- 115 Ogden Gas 58 1945 MAN 95 95% Double guarantee 94 98 Cony deb 69 1922 M&S 125 127 Oklahoma Gas & Electric- Cities Service— Cony deb as 1925 M&S 125 126 1st M g 5s '29 op aft '14_A&0 94 97% Cony 7% notes May15'18J&J 98% 101 Edison El Ill Bklyn 43'39 J&J 8631 OklahomaNat Gas Ser M&S 99% Citizens' Gas (Indianapolis)- Kings Co Gas&Ill 1st 5s'40A&O 85 95 Old Colony Gas 1st 58 1931 .1& 98 100 1st & ref g 5s 1942 J&J 95 97 Knoxv Gas 1st 5s'33 op'13 A&O 90 93 Omaha EL&P 59 '33 op '08_J&J 94 98 Citizens L,H&P(Johnstown,Pa) Laclede Gas g 59 May 1919_Q-F 101 1013% Omaha Gas 1st con g 5s '17 F&A 92 96 1st g 55 1934 opt 1914_ _M&N 98 Ref & ext g 55 1934 A&O 100% 101 Ontario Pow 55'43 op to'13F&A 94% 95% City Elec San Fran 59 1937_J&J 89 893-i Lacomb El Co 1st M 5s'21 M&N 94 97 Deb g as 1921 opt 1910_ _J&J 93 96 Clev El Ill 1st 5s '39 op'24_A&O 1003/ 102 Lansing Fuel & Gas 5s '21..A&0 94 96% Ontario Transmission Co, Ltd- CoastCos L&P 1st 5s'46op F&A 93 Lincoln G & E L 1st 5s 1941.I&D 70 80 1st gu g 55 '45 op bef'16..M&N 89 90 ColoradoPower-Ist 5s1953M&N 85 88% Little Rock G & F 8s '37....M&N 95 !Oro Elec Corp 1st 6s '51 op A&O 50 Columbia G & E 1st 5s '27_J&J 76 Los Angeles Gas & El Corp- Ottawa Elec 1st g 5s 1933.. _J&D 97% Deb. 5s 1927 J&J 53 57 1st & ref g 59 1939 opt _M&S 95 Pacific Coast Power- Columbus (0) Elec Os'22_M&N 100 102 Los Ang G & E .5s '34_ _ _ _J&J 1C0 1st M g 5s 1910 op 1915_M&S 96 99 Columbus(0)Gas 1st 5s g'32.T&J 96 98 Los Ang Ltg 5s Apr11'24 A&O 100 Pacific Gas & El ref Os '42_J&J 90% 91 Columb(0)LII&P Os '24 gu F&A 92 96 Louisville Gas & Electric- Pacific Gas Imp 4s Sept '30 Q-M 90 Columbus (Ga) Pow 5s'36_A&O 85 90 Ist & ref g 6s '18 op '14___.T&J 99% Pacific Light & Power Corp- Commonwealth-Edison Co- 6% notes Apr 1918.____A&0 9931 100% 1st & ref s f g 53 1951 op_M&S 83% 85 1st g 5s June 1 1943_ __ _M&S 102% 102% Louisville Ltg 5s '53 stpd_A&O 97 99% Pac L & P Co 1st 55 '42.._J&J 90 Com'wealth El 59 J'ne '43_M&S 10131 102% Unstamped 97 99 Guaranteed 90% 92 Commonwealth Power (Mich)— Luzerne Co (Pa) Gas & Elec- Pacific Pow & L 1st 5s '30..F&A 91 1st g 53 Dec 1 1924_ 98 100 1st refacimp g 5s'43op'13 A&O 95 Paterson & Passaic Gas & Elec Connecticut Power 5s '63_A&O 93 95 Madison(Wis)G&E g 6s'26 A&O 102 105 Consol g Os 1949__ M&S 100 Conn Riv Pow 1st 55 1937_J&D 93 96 Mad RivPow Ist5s'35gu op.. F&A 97 99 Pawtucket Gas 45 1932...M&N 85 33 Consol Gas of Bait 5s 1939_J&J 104 105 Mfrs Light & Heat (Pittsb)— Penn \Vat A Pow s f Os '10-1,t.T 90 90% Gen g 4%s Apr 1954_ _ A&O 94 Mort & colt tr g 6s'16-'20A&O 100 102 Pennsylvania Ltg 5s 1910_ _J&J 93 06 Consol Gas Elec L & P (Bait)— Mass Cos coil tr 5s 1937_ __ J&D 91 People's L & Coke, Chicago- Gong 41,'s Feb 14 1935_ _J&J 88 Massachusetts Gas 4%s'29_J&J 9731 97% 1st con g as 1943 A&O 114 Cony 6% notes Mar'17 M&S15 10031 1003/ Deb g 4%s Dec 1931.____J4-J 943 95 Refunding gold 5s 1917_M&S 102 102% Consol Gas N J 5s g 1936_ _ _J&J 100 Memphis Cons Gas & Elec- Chic L C 1st 5s '37.. _J&.1 1021 103 1st ref 5s 1965 A&O 95% 97 Equit Gas 1st 5s 1929_ _MAN Consutn Gas 1st g59'36 D 101 101% Consolidated Gas (N Y)— Memph L & P ref 5s '31_ _J&J n 97 100 Ind Nat G&O g 3s '36gu MAN 82 86 Cony deb (is 1920 . Q-F 119% 120 Merch Ht & Lt (Indianapolis)— Mutual Fuel Gas g 55'47 MAN 10031 Underlying cos—See NYGE1H & P. Ref g 55 Oct 1 1922 optA&O 94 97 Peoria Light—Coil tr g 5s'36 J&J Congo] Gas (Pitts) 55 1948_ F&A 40 42 Mexican El L 1st M g 59'35 J&J 45 50 Peoria G&E Os '23 op '08_ J&J 00 100% Consol Ltg Co(Vt) 1st 59'26 J&J Mex Lt & Pow 1st 5s'33 sr F&A 48 50 Phi% Co—See under St & ElecR y Secur !ties Consum L H & P Co (Eliz, N J) Mich City G&E 59 ':37 op'10J&J 94% 96% Phila Elec Tr ctfs 4s Oct '49 J&.1 825% 83 55 1938 J&D 100 Michigan Nor Pow 1st 5,e41.1&.T 87 91 5s g tr ctfs April 1 1948_ A&O 104 104% Consumers' Power Co (Mich)- Middle West U6% notes'16.1&D 99 100 Philadelphia Suburban Gas & El 1st h, ref e 59 103g op 'lft,.,,VT 95 96 (1 T. lat ta ')7 VI 91 74 9214 af 7 wan on'15.F&A 04 95 b Basis. This price includes accrued interest. k Lest Sale. a Nounuat. a Sale price. Min.—Minimum pricu on Montreal or Toronto exchanges. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis DEC. 1915.] MISCELLANEOUS SECURITIES. 45 NOTICE.—All bond prices are now "and interest" except where marked "f" and income and defaulted bonds.

Bid. Ask. Bonds. I Bid. Ask. Bonds. Bid. dab. Bonds. 102 5s '26 optE&A 98 100 Wilkes-BarreG&E 5s'55opt..I&J 10134 1024 Atlas Port Cement 1st 68'25M&S 99 Portland (Me) El Works- Portland (Ore) Gas & Coke- Williamspt Gas-1st g5s'39F&A 98 101 Baldwin Locomotive '40 opt '20_ J&J 95 98 Wilmington (Del) Gas Co- 15151 5s 1940 op aft '15 M&N 107 108 1st & ref g 59 9734 5s 1936J&J a 80 90 Portland Gas let 5s 1951 F&A 1st & ref s f g 58 1949 op _M&S 96 Barney & Smith Car St & El cc Rys Wisconsin Gas & Electric- Berg & Engle Brew 6s 1921 ..I&J , Port1(Ore)GenElec—See A&O El Pow 55 '29 op_J&D 105 4 1st g 5s 1952 opt 1919 _J&D 934 964 Booth Fisheries s f 6s 1926_ 86 Potomac Boston Term '47 F&A 894 92 Cons M g 5s 1936 guar J&J 99% 100 TELEO. & TELEP. BONDS. Co-34s Prescott G & El 1st 6s '40 _J&J American Teleph & Teleg Co— Brooklyn Ferry Co— Co of Net' Coll tr g 4s 1929 J&J 91 91% Con 5s '48 ctfs dep stpd _ F&A f Public Service 101 ref g 58 1956 op'21_A&O 95 95 Cony g 4s '36 cony af'09.M&S 100 Burns(P)&Co Os'24op af'14A&O & 1064 1st & ref s f J&J 100 6% notes 1916 _ J&J 100% 1014 Conv434s'3:3op aft 1925.M&S 1073 63 1931 Borough (NY) Gas & El Sub Cos 5% notes 1916 100% 101 Bush Term 1st cony g 4s'52A&O 84% Queens 90 Gen M gold 55 1952. J&J 95 99 BellTelp Canada Deb 5s'25A&0. 96% Cons g 5s Jan 1 1955 J&J 87 Quincy (Ill) Gas Elec & Heat- Central District Telephone- Bush Terminal Buildings Co- 1st cons g 5s 1935 op '10 M&S 85 87 1st s f g 5s 1943 op '18_ _J&. D 101- 1st s f gold guar 5s 1960_ A&O 86% 87% Quincy CI & E 5s 1929_ _M&S 93% 95 Ches & Pot Tel 5s '29 op'09.J&J 104 California Wine Association— Roch GE 2d 4 43'20op'10M&S 96 98 Ches & Pot Tel of Va 5s'43 M&N 96 97 Cony g5sSep10'25 op s f M&S 93% Rockford (Ill) Electric Co- Chicago Telep 58 '23 op '13..I&D 102 102% Canada Genet 1st 69'29 op A&O 93 1st & re' s f 59 '39 op '14 M&S 963-i 98 Com'cial Cable-4s g 2397_Q-J 65 75 Canadian Cur & Fdy Co. Ltd- Rumford Falls Pow 4s Octl 1945 , Cumbland Tel&Tel 5s '18_J&J 100 101 1st s f g 6s 1939 .J1, 100 Saginaw City Gas 5s 1916_M&N 1004 1004 Deb 5s Feb 1 1920 F&A 984 100 Canadian Cottons 55 1940 J&J2 79 80 County (III) Gas & El- 1st & gen 5s 1937 J&J 99'4 100 Canadian Cons Rubber, Ltd— St Clair Gold 6s 1946 1st cons guar 5s 1959. __M&S 85 88 Cuyahoga Telep 55 1919._ _.I&J 95X opt 1911__A&O SS Joseph Gas—Ist 5s 1937 _J&J 75 82 Home Telep & Teleg (Los An- Case (J I) Threshing Machine- St 90 91 1st M Os 1916-1926 op_ _J&D 101 102 St P Gas L con ex 6s 1918 .J&J 100% geles Cal) 1st 5s 1933_J&J 59 1944_ _ _ M&S 98 994 1st rag 5s 1945 J&J 824 83% Cent Ilud St'boat-5s '19 51,1.:N 97 98 Gen gold 5s April 1933 A&O 92 95 St Petersb (Fla) Ltg 6s'45_J&D 95 98 Kan C Home Telep 55 1923 J&J 87 5s'52 opF&A 83 86 K C Long Dis Tel 58 1925_ _J&J 87 884 Central Leather 5s 1925_ A&O 100% 100% SalmouRivPow go 94 95 Champion Lumber 6s' I 6-28A&O 95 San Diego Consol Gas & Elec- Key. Tel 1st g 5s '35 op'08_J&J 1914_ _M&S 94 97 Kinloch Lg Dist Tel 5s '29.J&J 89% Ches& Del Can 1st 5s(4s) 16 J&J 60 65 1st g 5s 1939 opt 104% Chic Bd of Trade 4s, 1927 J&D Deb 6s 1922 J&D 95 99 Kinloch Telephone 6s 1928.F&A 1933_M&N 94 90 Louisv Home Telep 5s '22_ _J&J 90- 91% Chic Jet coll tr ref g 4s1940 A&O 83% 85 San Fran G&E 434s 101% Coll tr ref 5s 1940 _ A&O 994 100 Not callable 91 93 Met Telep & Teleg 59 1918.M&N Corp— Mich State Telep-5s 1924.FS:A 99 100 1st r e imp 5s 1928____ M&S 102 San Joaquin Lt & Pow Chic Pneu Tool 5s Dee 31'2 t.I.t J '50 Ser A op_ F&A 100 New Eng Tel&11e1-5s '16 A&O 1004 964 Ist&ref g 6s A&O 100 Chili Copper cony 7s 1923_ M& N 1374 San Joaquin Light & Power- Deb• 5s 1919 1383 '10_ _J&D 98 45 Jan 1930 J&J 89 Cleve & 6andusky Brewing- 1st 5s 1945 op aft 1st s Elec 55 1947_ A&O 87 95 5s gold Oct 1 1932' A&O 1014 102 f g 6s J'ne 1 '48 op _J&J 544 Sayre (N Y) Clyde SS 1st 5s 1931 opt__ 94 Scranton Eiec 55 '37 opt 'I2.J&J 1004 102 NY & N J Telep 5s g 41920.M&N 1004 F&A 90 5s'44 op 10_M&S N Y & Pa Telep & Teleg Co- Computing-Tabulating- Rae Co- Seattle Ltg 1st Sink fund gold 80 Ref g 53 1949 opt 1914_ _A&O 92 94 1st gold 58 Feb 1 1926_ _ F&A Os 1941_ _ _J&J 82 San Francisco Power- Gen S Fd g 4s Nov '29_ _1\1& N 82% Congress hotel Co (Chicago)- Sierra & 1st M 5s J&J Basis 534% 1st g 5s 1949 opt F&A 86 89 NY Tel 1st 44s'39 tax ex.M&N 984 98% 1916-1941 Middlesex Ltg— Pacific Teleph & Telegraph— Cons Tobac coll tr 4s '51_ _FAA 984 Somerset Un & 984 Mtge g 4s Dec 1 1943 J&D 80 lst&col tr s 1 g 5s'37 op'22.J&J 99 99% Corn Prod Ref s f 58'31_ _11-I&N 1st g 5s 1934 s f M&N 96% 964 So Bend & Mishawaka Gas— Rochester Telep 1st g 5s '20..1&J 95 100 Cons g 5s 1926 opt 1908__J&J 93 96 Gen 5s 1933 Cramp(Wm)SousShip&En Bldg California Edison— Southern Bell Telep & Teleg-A" 1st M g 5s 1929 opt._._ M&S 100 I Southern 101N101 Gen g 55 Nov 1939 opt_ _J&J 94 963' 1st s 1 g 5s 1941 op 16._' 98 98% Cuban-Am Sug coil 6s'18opA&O Southern Counties Gas of Cal — South N E Telep 1st 5s '48.,I&D 109 Davies(Wm) Co 1st Os '26_J&J 994 101 1st 81 6s 1941 op 1916 _A&O 95 97% Toledo Home Telep 5s 1922..I&J 91 93 Diamond Match Co—Cony dabs Southern Ills Light & Power- Twin City Telep 55 '17&'26.J&J b 6% 68 Dec 15 '20 op '15_ J&D15 1084 1103' 1st M 6s 1931 op J&J 99 101 U S Teleph 5s 1919 _J&J 94% 95 Distillers' Securities Corp— Southern Pow 5s 1930 opt_M&S 98 100 Western T&T Col tr g 5s'32.J&J 98%3 99 Col tr cv g 5s '27 op 'OS_ A&O 71% 72 Southern Sierras Power— West Un Teleg Coll tr 5s '38 J&J 101 1014 Dunlop Tire & Rub Goods. Ltd- lst s f g gu 6s Sep'36op'18 J&J 974 99 Fdg & R E M 44s g '50.M&N 95 95% let. s f g 6s 1927 opt_Al&S _____ 100 Southern Wisconsin Power- MutUn6sext at 5%to'41M&N 96 'du Pont (E I) de Nem Powd— 1938 A&O 79 81 Northw'n go g 4 4s 1934_J&J 9234 Gold 434s June 11936. _J&D 10M.f 101 1st s f g 5s opt 95 Southwestern Gas St Electric — WATER BONDS. Eagle&Phenix Mfg 5s 1926_ J&J 83 1st & ref s f 5s 1932 opt. _F&A 90 Blue Lakes Water 1st 68'38.51SzS 101 103 Eastern SS 1st 5s 1927 op_ M&N Springfield (0) Lt lit, & Power— Con \Vat of Utica- 1st 5s '30.J&J 98 101 Erie & Western Transporta'n — '25 op '10 gu__J&J 95 97 let R f g 5s 1929 OD 1914_ F&A 93 Deb 5s Jan 1 '30 op 1911_J&J 84 86 1st M g 4s 89 924 Denver Union Water 5s '14..I&J 81 85 Federal Sugar Refining- Gen & ref 5s 1933 A&O 99 101 Standard Gas & Elec of Delaw— So PlatteCanal& Res5s'23 .J& J 80 82 5% notes May 1917 op_ II1AN 3 84 85 Fort St UnDepDet 44s '41 J&J 75 83 Cony s f g 6s 1926 opt_ J&D 94 95 Hackensack Wat 48'52op'12.J&J 85 Suburban Gas Co of Phi's— Indianan Wat-5s'26 op'11.J&J 97% 99% General Baking 1st Os 1936 J&I3 83 Ist s f g 5sApr l'52op'07_A&O 102 103 1st & ref g 44s 1940 op .J&J 88 91 Gen Petroleum s f Os 1931 M&N f 33 37 Superior Water Light & Pow- Long Br \Vat Sup 543'18.M&S General Rubber 5s 1918_ __J&D 100% 100% 1st 4s May 1931 M&N 80 84 Louisville Wat Co 4s 1946_ _J&J 101 102 Girard Pt Storage 34s '40 AS:0 Syracuse Gas g .55 1946_ _ _ J.1,7J 100 102 4s 1950 F&A 101 102 1GonionIronsides&Fares Co,Ltd, Syrac L & P coil tr 5s '54_ _J&J 85 874 Man'frs Wat (Pa) 5s 1939_ J&D 101 102 1st s f g Os 1927 opt J&.1 100 Syracuse Light g 5s g 1951.J&D 99% 100 Nashville Water 4s 1928_ J&J Basis 434% Gottlieb-I3auerschmidt-Straus Tacoma Gas ref g 5s 1926_ J&D 68 75 People's Water, Oakland, Cal- :3rew Co-1st 48 1951_ _M&S 20 22 Tampa Gas 55 1937 opt_ _ _M&N 93 95 Gold 5s Jan 2 1937_ _J&J 2d Income 5s Sep 1951 M&N f Tenn Pow gu 5s 1962 opt_M&N 79 82 Portland (Me) Water 4s '27F&A 96 98 Granby Con Min Smelt & Pow- Texarkana G & E 5s '30_ __J&J 96 100 Racine (Wis) Water 5s '31.11-UN 80 85 1st cony 6s 1928 ser A__M&N 1034 104 Texas Power & Light- San Antonio Water Supply- Stamped 1034 101 1st g 5s 1937 op 1917_ _J&D 92 944 1st & ref s f 5s '33 op 13 F&A 89 92 Gt North'n Paper g 5s 1927 J&J Tol G E & H con 1st g5s'35 A&O 56 65 Sou Yuba Wat—Con 6s '23..I&J 104 105 Hall Switch & Sig Os'16-'20A&O 95 99 Topeka Edison 5s Sept '30_J&J 95 97 SpringBr'aWater-58 g'26.A&O 101% 1034 Havana Tobacco-5s 1922 J&D f 52 55 Trenton G & El g 55 1949_ _M&S 100% Spring Val Wat ref g 4s'23_J&D 948 95 Hawaiian Com&Sug 5s '19 A&O Troy Gas 2d 6s 1923 F&A 105 106 Tacoma Wat Sup 1st .53 '25.J&J Hecker-Jones-Jewell Os '22 M&S 1034 102 Consol 55 1939 M&N 104 105 Hoboken Land & Impt Co— I Tulsa (Okla) Corporation- ' MISCELLANEOUS BONDS. 1st M g 5s Nov 1930._ M&N, 100 1st s f g 55 1932 opt 15_M&N 91 Acme White Lead & Color Wks- Hostr-Col Br 1st 65 '55 rcts J&J sf 244 Union El Lt & Pow Co of St L- 1st Os July 1916 to '28 op_J&J 95 100 Hudson Nay g 6s 1938 op_ F&A 75 83 1st g 55 Sept 1 1932._ _ _M&S 99 101 Adams Exp col tr g 4s '48_M&S 82% 82 Huebner-Toledo Brew 6s '30J&J 50 53 Ref&ext 58'33 op aft'18.51&N 90 93 Col tr g 4s 1947 J&D f 80 81 Huntington Land & Impt— I Union Light Heat & Pow(Cin)- Aetna Explosives 6s Jan '45..Q-J 90 100 Coll tr g go Os 1916-1927 J&D 99 100 1st 4s May 1 '18 opt'06_M&N 96 Alaska Gold Mines— Independent Brewing Gs'55 J&J 57 59A United Elec Lt & Power, Bait- Cony deb 6s 1925 118 120 Ingersoll-Rand—Ist g 5s Dec 31I 1st cons g 44s 1929_ _ _M&N 92% 94 American Agricultural Cheml"---ctS 1935 optDec 31 1910_ __ _J&JI 100 Unit Elec Co of N J 4s '49.J&D 82 83 1st g 5s 1928 s f eonv__ _A&O 101% 102 Inspiration Cons Copper- United Electric Securities Co— Cony g deb 5s 1924 F&A 96 97 1st cony Os 1922 opt__. _M&S 180 187 Coll tr g 5s 1933 to 1941_F&A 96 98 American Can- Cony deb 6s 1919 J&J 186 187 UnG&ECorpti%notes'18_ _AS:0 98% 99 S f deb g 5s 1928 opt. F&A 98 99 Internal Agricul Corp— United()& E of NJ 18153'22_ J&J 98 Amer Cot Oil g .5s 1931 96A96% 97 Ist&coll tr s f g 5s 32op M&N 83 82 United Gas & El(SF) 58'32 _J&J 100% Am Hide& Leath 1st g tis'19.M&S 105 International Harvester- United G& F 6s'18 op '14_ M& N 98 100 Am Ice Sec—Deb g 6s '25.A&0 10486g 894 5% notes Feb 15 1918 __F&A 101% 101% United Illum Co Now lIaven- American Ice Co—R E let & International Mere Marine— 1st 48 Feb 1 1940_ _ F&A 95 gen s f Os '42 opt '13_ _F&A 9934 10034 Coll tr deb 44s'22 op '07A&O 93% 95 U S Public Serv 6s 1918._ _ A&O 984 100 Amer-La France Fire Engine- Certificates of deposit_ _ 92,4 93 United 17111 1st 6s '43 op '18 J&J 95 100 1st M q f 6s 1924_ _ A&O 92 Int Naviga'n 5s '29 op '09_ F&A• 80 8S% Utah Gas&Cokelst5s'36 opt.I&J 90 93 'Amer Locom 5% notes 1916J&J 100 4 101 Wi Internat'l Paper-6s 1918_ F&A! 1024 1024 Utah Lt & P cons g 4s '30..J&J 85 90 5% notes 1917 J&J 1004 101 Con cony g s f 5s '35op'09 J&J 82 824 Utah P & L 1st 5s 1944_ F&A 92 94 Am Malt 68 '14 ext to '17_ _J&D n 994 lociA Internal Salt g 5s '51 op_ _ _A&O f 64 68 Utah Securities Corp- Amer Pipe & Constr Securities- Intermit Silver 1st Os '48 J&D 1084 1094 6% notes Sept 15 1922_ M&S 91 92 Coll tr g 6s 1922 opt F&A 98 100 Deb Os 1933 J&J1 Utica El L & P 1st 5s 1950_ J&J 102% Am Pipe & Fdy 6s 1928_ _ _J&J 99 International Steam Pump- Utica Gas&EI ref&ext 5s '57 J&J 99 Am Sew Pipe-1st s f 6s'20M&S 88 94 1st lien s f g 5s '29 op. _ M&Si 75j Valley CountiesPow 5s'30_M&N 100% Amer Smelters Securities— Guar Tr Co ctfs of dep. _ I 75% 76 Ventura CoPow 1st 63'36 M&N Cony s f deb g 6s 1926_ _ _ F&A 1114 11234 Kan City Brew 6s 1930_ _M&N 37 3j 38 Vermont Pow & Ltg 5s '27_M&S Amer Spirits Mfg g 6s 1920M&S Knickerb Ice 1st 5s '41 opt_JAJ 80 83 Virginia Power let 5s 1942..T& D 84 90 Amer Steel Found's 6s '35.A&0 100 102 Lake Superior Corp Inc 5s'24 Oct 28 29 Wash'n (DC) Gas 5s 1960.M&N 105% 1063 Deb 4s 1923 86 88 1st & cull tr gold 5s 1944 J&D n 50 70 Westchester Lt 1st g 55 '50 J& D 1033' AmerThread col tr 48 g 1919.FAAJ 97% 984 Lake of the Woods M111 Co, Ltd N Y Sub Gas—Ist g.5s'49M&S 95 Amer Tobacco 6s g 1944___A&O 118 1st M 6s June 1923 J&D min 100 Westerly L & P 5s 1937. _ _J&D 98 101 4s g Aug 1 1951 94 LasAnimasSugarlst6s'32opA&0 98 102 Western Pow 6% notes'17 M&S 994 1004 American Type Founders—FecA Laurentide Paper 1st 6s'20 J&J2 101 Western States Gas & Electric- Deb gold es 1939 08 Liggett & Myers g 7s 1944_A&O 123 124 1st & ref 5s 1941 opt____J&D 89 904 American Writing Paper-MI" a 95 Gold bonds 5s 1951._ .__F& 4 101% 102 6% notes Oct 1917_____ A&O 98% 99% 1st g 5s '19 op aftJuly'09.J&J .1 66% Lima Locomotive Corp- Western United Gas & El— Anaconda Cop 5% notes'17.M&S' 101 1014 1st sf g Os 1932 ______M&N 93 97

lst&ref 5s g 191610 '50 F&A 984 100 Armour & Co.—Real est 1st g Lorillard (P) Cog 78 1944_A&O 1234 Westinghouse Eiec & Man- 44s 1939 op______J&D 92%, 93 Gold bonds 5s 1951 F&4 1004 1021 5% notes Oct I 1917_ A&O 101% Associated Oil Co-5s 1922F&A 1013-t 102% Mallory SS 1st s f 5s 1932_ _..1,tz..! 86 88 Cony s f g 5s '31 opt '12_ _J&J 105 1053j Astoria(NY)Veneer Mills&D- erch Dispatch Transp Co-- Cony 55 1931 sub rcts _ _ _J&J 136 140 1st s I g 6s 1941 opt _ _ „Ma 95 100 Eq trust 4 4s '16-'26_ _ Walker Co 1st g Os 1916 J&J 100 Atl Gulf & W Indies SS Lines— %Sexiest' Petroleum of I (el Ltd — Wheeling (W Va) Elec Co- Col tr g 5s Jan 1 1959_ ___J&J 77% 78 1st 1 cony s f 6s '21 Ser A A&O 1084 109% 1st M 5s 1941 opt M&N 93 95 • Series C 108 110 b Bads. /This price includes accrued interest. k Last sale. n Nominal. $ Sale price. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis 46 MISCELLANEOUS SECURITIES. [VOL. 101. NOTICE. -11 bond prices are now "and interest" except where marked f and income and defaulted bonds

Bonds Bid. Ask. Stocks Bid. ,I Ask. Stocks ------Bid. Ask. Morris & Co 1st at 4%s'39_J&J 88 90 Par Per Mtge Bond 45 Ser 2'66 op_A&O TEXTILE MFG. STOCKS share. 5s Ser 3 1032 op '22 _ J&J 94 Courtenay Mfg (S C) 100 55 95 Northern Mils. Par Per share,. Dallas Mfg (Ala) 100 Mt Vernon-Woodberry Mills- A.cushnet Mill Corp (N B)__100 160 170 6% notes 1918 F&A 99 Amer Darlington Mfg (S C) 100 65 Linen Co (Fall River).100 58 Eagle & Phenix Mills (Ga)_ Nat Enam & Stpg 55 '29_J&D 963% 96% American Manufacturing___100 _100 50 60 112 115 Enterprise Mfg (Ga) 100 40 National Fire Proofing- Preferred 94 • 97 lst&coll tr g 5s '16-'32op M&S 95 100 Amer Exposition Cotton M (Ga)_ _100 Textile, Pawtucket_..l00 Gaffney Mfg Nat Starch deb 5s 1930 gu__J&J 833'4 90 Amoskeag Mfg (voluntary (S C) 100 60 assn) 64 64% Graniteyille Mfg (S C) 100 40 Nat Tube-See Coal,Iron& Steel bonds Preferred 100 101 N E Cot Yarn Co g 5s 1029 F&AI 74 74% Androscoggin Mills Greenwood Cot Mills (S C)_100 (Me)_.100 157 s 160 Grendel Mills (S New Eng Nay-See NYNH&H RR Appleton Co (Mass) 100 200 C) 100 90 100 N Zinc 1st 45 1926 A&0 Henrietta Mills (N C) 100 J 963' Arkwright Mills (F R) 100 65 King, J NYAIrBrakelst 6s'28cony M&N 103 103% Arlington Mills P. Mfg (Ga) 100 60 70 (Mass)' 100 95 100 Lancaster Cotton N Y Dock Co-lst g 4s'51 F&A 74 78 Barnard Mfg (Fall River)..100 40 Mills (S C)100 NY&ER F'y-5s '22_ M&N Bates Mfg Preferred 100 Co (Me) 100 s240 255 Laurens Cot Mills N Y & Hob F'y 5s May '46 J&D 100 'Beacon Mfg Co (N B) 100 102 (5 C)____100 100 Hoboken Ferry 5s '46_ _ M&N 101 Lockhart Mills (5 C) 100 50 I Preferred 100 114 Preferred NY&NJ Ferry-5s '46_ J&J 96 98 Berkshire Cot Mfg., 100 Adams, Louise Mills (N C) Nipe Bay Co 5s 1925 __M&N 94 95 Mass 100 185 195 100 POO Ogilvie Flour Mills '32 _J&D Marlboro Cot Mills (5 C)_ _ _100 60 6s 104 Bigelow-Hartford Carpet_ _100 79 81 Mayo Series B Ic 103 Mills (N C) 100 Preferred 100 106 107 Mills Mfg Co SeriesCk 104 Boott Mills (5 C) 100 110 (Mass) 100 875% Monarch Cotton M (S C) Otis Elevator 5s'20 op '13 _A&O 993%' 100% Border City Mfg (Fall River)100 106 110 100 116 Pacific Coast Co-G O's '46 MD Newberry Cot Mills (5 C).100 110 933% 94 Boston Mfg Co (Mass) 100 k 85 Orangeburg Packard Motor 5%notes'16J&D 1003% 100% Mfg, preferred_ 100 Boston Duck Co (Mass)____700 k1280 Orr Cotton Mills (S C) Palace Hotel (San Fran) 1st 6s Bourne Mills (Fall Rlyer)__100 105 100 F&A Pacolet Mfg (5 C) 100 95 100 Aug 1 1928 100 101 Bristol Mfg Co (N B) 100 95 100 Parker Park & Tilford s f Os '36 J&D 81 85 Cotton Mills 100 6 Butler Mill (N B) 100 773% Guaranteed stock Parsons(W Va) Pulp & Lumber Chace 100 n 25 30 Mills (Fall RiYer) 100 103 Preferred 100 n 10 1st m g 6s '16-'24 opt M&N 95 100 Charlton Mills 100 100 102% 20 Penrnans,Ltd-lst5s'26op M& N Pelzer Mfg Co (S C) 100 100 90 Chicopee Mfg Co (Mass)_ _100 61 Piedmont Pierce Oil Corp cony 6s '24 J&J 86 88 Mfg (5 C) 100 140 150 City Mfg Corp (N B) 100 95 Phillips Buttorff Mfg 100 110 115 Pittsb Brewing 6s Feb 4 '49...T&J 64 65% Collins Co (Conn) Pittsb Term Warehouse 100 180 Poe, P W, Mfg (S C) 100 80 90 & Trans Continental Mills (Me)._..loo ;k 75% 1st ref g 5s Nov 1 1936__M&N of 99 Roanoke Mills (N C) 100 Cornell Mills (Fall River)._ _100 150 165 Sibley Mfg (Ga) 100 20 25 Powell River Co, Ltd- Dartmouth Mfg Corp 100 1st m (N B) 172 Spartan Mills (S C) 100 105 115 g Os '16 '27 opt '15 J&J 99 Preferred '100 100 Provid't Loan Soc 43.s 21 M&S 90 Trion Mfg (Ga) 100 20 Davis Mills (Pall River). 100 112 Tucapau Mills (S C) 100 250 Ry Steel-Spring 5s '21 opt_ _J&J 993% 100% Davol Mills (Fall River) 100 90 1st M g 5s 1931 opt____A&O 943% 96 Union Buffalo M (S C) 1st pf___ 18 30 Draper Co.,corn (M) 100 240 250 Warren Mfg Ray Cons Copp cony 6s '21_J&J 1273% 130 Dwight (S C) 100 45 Mfg Co (Mass) 500 k1000 Preferred 100 Remington Typewriter- Edwards Mfg Co (Me) 90 5% notes 15 100 k 99 Washington Mills (Va) pf_ 100 Jan 1916_ _J&J15 983% 100 Esmond Mills (It I), pref_ _ _100 80 90 St Clair Furnace 5s '16-'39T&A b 4.85 4.65% Webb Mfg (Nashville) 100 50 75 Everett Mills (Mass) 15 8120% Whitney Mfg (S C) St Jos Stock Yds 43%s 1030_ J&J Farr Alpaca (Mass) 100 100 St Lawrbnce Pulp & Lumber- 1'4 aIN 144 Woodside Cotton Mills 2.5 Flint Mills (Fall River)....i00 106 Preferred guaranteed 1st M 6s 1916 1933 F&A 85 95 Franklin Co (Me) 85 St Louis Brew Assn 6s 1939...T&J 79%3 100 k 201% Preferred 60 81 Frisble & Statist Knit'g pref_ 10(1 St Louis Car Co Os '21-'23 M&N 84 88 50 Canadian Mills Gosnold Mills (N B) pref_ _100 90 95 Canadian Convert, St L Nat Stock Yds 4s '30_ _J&J 773% 81% Granite Mills (Fall Ltd_ ___100 34 St P Union Depot-Os'30_ M&N River)__100 85 Canadian Cottons, Ltd 100 35 37 Great Falls Mfg Co(N H)... 100 186 192 Consol 5s 1944 M&N Grinnell Preferred 100 74 Mfg Corp (N B)__-100 126 Dominion Textile, Ltd Consol 4s 1944 M&N Hamilton Mfg Co 100 753% 76 St Paul Un Stk Yds--5s'16 A&O 98 99 (Mass)_- -100 et 75% Preferred 100 Hamilton Woolen Co (Mass) 100 k 80 Montreal Cottons Schwarzschild tic Sulzb 6s-See Sulsb. S ons&Co Hargraves Mills (Fall 100 53 56 Securities cons River) 100 42% Preferred 100 Co N Y 4% M&Sf 58 60 Harmony Mills pref 100 8 92% 99 Sibley Mfg Co 1st 58 1922_ _J&J 90 Penmans, Ltd 100 603% 61% Hill Mfg Co (Me) 100 75 95 Preferred Simpson Realty s f 6s '32 op J&J Holmes 'Mfg (N B)150 100 82 Simpson Sec Co S f 6s'29 J&J 15 Preferred lg?) 114 118 COAL. IRON & STEEL STOC KS Sioux City Stk Yds 1st 58'30 J&J 88 92 Kilburn Mill (N B) 100 1323% 1921_J&D Alabama Co corn 100 Somerset Hotel Tr 4s 970 King Philip Mills (F R) 100 112 1st pref. Standard Mill-lst g 5030M&N 97 98 100 sa 2.!_: 0%. Lancaster Mills (Mass) 100 8 773% Amer Sulzberger Sons (lc Co- Coal of New Jersey_ _ _ 25 d 20 Laurel Lake Mills(F M....100 90 Amer Steel Foundries Deb 6s June 1916 opt..M&S 1003% 101 Lawrence Mfg Co (Mass)_100 140 100 60 61 Schwarzschild Bethlehem Steel Corp 100 459 4651 & Sulzb Co- Lincoln Mfg (Fall River)...100 80 Preferred Deb 6s 1916 s f opt___J&D 100% 101 Lockwood 100 155 161Y_ 2 Co (Me) 100 k983% Bon Air Coal & Iron Swift & Co 1st s f g 5s '44_ _J&J 983% 98% Lowell Bleachery (Mass)__ _100 120 100 YR 125 Preferred 100 T H Symington cony 6E3'20 J&J 95 101 Lyman Mills (Mass) 100 8124 Yi Tenn Cop Co cony 6s '25 sub rct 119 121% Brier Hill Steel pref 100 1123% 116 Manornet Mills (N B) 100 128 130 Cambria Iron 10th-23d St Fer Co lst5s'19 J&D Massachusetts Cotton Mills_ 100 125 130 Texas Co deb 6s '31 op '15_ J&J 105 105% ,Cambria Steel 59: d 743%7445% Mechanics' Mills (F R) 100 80 Carbon Steel Torrington Co 1st g 5s'18_M&S 100 Merchants' Mfg Co (F R) 100 83 100 83 95 Union B& P 1st g 58 '30 J&J 1st pref 100 83 93 op 78 82 Merrimack Mfg Co (Mass)_100 335 2d pref Stamped 78 Preferred 100 63 68 100 83 86 Central Coal & Coke 100 Union Ferry Co-5s 1920_M,IzN n 98 100 Middlesex Co (Mass) 100 k 55 Union Oil Co of California- Preferred 100 a 3798059 ' Monadnock Mills(N H)....1O() !Cleveland First lien s f 5s 1931 opt_J&J2 88 89 Morse Twist Drill (N B)... Cliffs Iron 100 50 210 IColorado Fuel & Iron 100 513% Un Transpor 1st 5s 1923_ _ F&A 93 94 Mt V-Wood M (Bait) y t ri00 17 513% Union Typewriter-See Reminrgton T ypewr 18 I Preferred 100 130 145 Preferred V t r 100 52 Consol Coal Unit Fruit-Deb 43%s 1923_J&J 98 Nashawena Mills 533%; of St Louis_ ...100 11 (N B)- IOU 93 94 'Consolidation Coal of Md__100 983% Deb g 43%s 1925 s f J&J 963% 97% Nashua Mfg Co (N Hj 500 99 102 s 710 ;Crucible Steel • 100 74 743% 6% gold notes 1917 opt_ M&N 102% Naurnkeag(Mass)StmCotCo 100 a 5% gold notes 1918 opt M&N 1003% 100% 188 I Preferred 100 111 1113% Newmarket Mfg Co (N 10_100 k 953%; Delaware United Lead deb 53 1943._J&J 72 74 Spinning Lack & West Coal 50 300 315 Nonquitt Co(N B) 100 100 ! Dominion Coal. preferred U El Env 1st 5s '16-'340p'19J5cD 983% 100 Osborn Mills (Fall River)___ _100 993% 100 95 ' Dominion Iron & Steel prof _100 93 U S Finishing-1st 58 1919..J&J 92 Pacific Mills (Mass) 100 120 100 Con gold 5s 1929 Ski 68 75 123 ! Dominion St & Cl Corp corn.100 473% 48 Page Mfg N B) 101) 78 Empire Steel & Iron U S Gypsum 1st 5s'22 opt_ M&S 100 Pairpoint Corp (N B) 100 13 16 100 195 Preferred 101) 63 U S Mtge & Trust- Parker Mills (Fall Rlyer) 100 40 65 4s Ser E to N '17-'22 Var 45 George's Creek Coal 100 Pepperell Mfg Co (Me).-- -100 120 123 Hocking Valley US Realty & Imp 5s g'24 op J&J 753% 79 Pierce Mfg Co (N B) Products___ 100 13% 23% 100 330 Inland Steel 100 333 U S Red & Ref Co Os 1931_ _J&J 25 Pocasset Mfg Co (Fall Itiver)100 337 US Rubber-Coll tr 6s '18 _J&D 85 La Belle Iron Works corn_ _ _ 100 , 51 54 1033% 103% Ponemah Mills (Proy) 100 90 115 Preferred Vancouver Lumber fis'16 '25J&J 95 100 Preferred 100 119 Virginia-Carolina Chemical- 100 104 110 Lackawanna Steel 100 823% 83 Potomska Mills (N B) 100 1323% Lehigh Coal dr Navigation... 50 d 783% 1st Mg 5s 1923 opt s f . _J&D 98 98% Rich Borden Mfg 793% Co (F R)-100 145 Lehigh Valley Coal Sales _ _ .50d 78 82 Cony deb Os 1924 ____A&015 1023% 103 Sagamore Mfg Co (F R) 100 185 Lehigh k Welsbach Co col tr 55 '30_ _ J&D Wilkes-Barre Coal_ 50 943% Salmon Falls Mfg Co(N H)_100 30 Maryland Coal, pref 100 West Canada Fl Mills Co, Ltd- Seaconnet Mills (F R) 100 45 55 Midvale Steel Ordnance 50 d 79 793% 1st s f Os Mch 1928 M&S 101 Sharp Mills (N B) pref 100 104 New Central Coal 1st & ref s f 6s 1931 M&S 100 20 Skenandoah Cot Co (Utica)_100 115 k. 120 New Haven Iron & Steel__ _ _ 5 d k % Western Electric Co- Soule Mill (N B) 97 Newton (G B) Coal 1st 5s Dec 31 '22 op aft'llJ&J 102 100 94 - 102% Stafford Mills (Fall River) 100 71 723% Common 100 Westinghouse Machine- Stevens Mfg Co (Fall River) 1st & ref g Os Nov 1940__O 100 127 1st preferred 100 -F 983% 100 Taber Mill NB) 100 110 Nova Scotia Steel & Whitmer(Wm)&Sons6s'20_M&S 96 99 Coal_ _100 96 Tecumseh Mills (Fall River) 100 109 120 Preferred 100 100 Thorndike (Mass) k1370 Pennsylvania 19258::03 EXCHANGE SEATS. 1000 Steel 100 50 Tremont & Suffolk M(Mass) 100 k 105 100 SO No. Loot Sale. Union Cotton Mfg (Fall Pitts N Y Stock Exch_1,100 Itiv)100 171 -Buffaloo Co prof 100 273,000 Utica Knitting Co pref 100 97 100 Pittsburgh Coal N Y Con Stk Ex_ 500 750 700 750 100 353% 354 Utica Steam & Mohawk Valley Preferred 100 108 108 N Y Produce Ex_1,800 1,000 900 1,000 Cotton Mills 100 168 172 Pittsburgh N Y Cotton Ex__ 450 12,750 Steel 'wet 100 1013% 102 13,300 Wampanoag Mills (F R)- -100 70 Republic Iron & Steel N Y Coffee Exch_ 323 3,000 3,000 3,250 100 51 Wamsutta Mills (N B) 100 116 Preferred 109% 109% Baltimore'Stk Ex 87 3.500 Weetamoe Boston Stock Ex_ Mills (F R) 100 82 85 Rocky Mountain Fuel corn _1011 15 150 17,750 Whitman Mills(N B) 100 135 140 Preferred Chic Bd of Trade_1,623 3,200 3,250 100 50 53 York Manufacturing (Me)..100 • 80 90 Sloss-Sheffield Steel Iron..100 Chicago Stk Exch 264 1,000 1,000 & 59 59% Cincinnati Preferred 100 94 96 Stk Ex 35 2,250 Southern Mills. Per share. Temple Cleveland Stk Ex 35 1,000 Coal, pref 100 106 Abbeville Cotton Mills (S C) 100 90 100 Texas & Pacific Coal 100 130 160 Louisville Stk Ex_.* 29 2.250 Am Spinning Co MinneapCh ofCom 155 165 U S Steel Corporation 101000 18156%% 11,8,0A 550 3,650 3,600 3,700 Anderson Cotton Mills (S C) 100 18 Preferred Montreal Stk Ex_ 66 25.000 25,000 Arkwright New On Mills (S C) 100 100 Vandalia Coal 100 n 2 6 Cot Ex_ 500 2,900 2,500 2,900 Atlantic & Gulf Cotton (Ga) 100 Phlia Stock Exch_ 222 3.900 Preferred 100 15 5,500 Augusta Factory (Ga) 100 20 Virginia Coke...10010\ Pittsb Stock Ex__ 120 2,500 2,400 Iron Coal & d 64 3,500 Belton Mills (S C) 100 90 100 Warwick Iron & Steel 6101% St Louis Stk Ex__ 50 2,500 Blbb Mfg 10% (SanIOStk&BdEx Co (Ga) _100 125 _ t _ Westmoreland Coal 50 d 663% 68 42 6,600 Cabarrus Cotton Mills(N C)100 Wash'ton Stk Ex_ 40 Wheeling Mould & F. 501 d 65 2,500 2,500 3,500 Clifton Mfg (5 C) 100 80 Wheeling Steel & Tron____100 Clinton 143 1 Cotton Mills(SC). _100 110 125 lYoungstown Sheet&Tube pf.100 2593% 275 b Basis. d Price per share not per cent. C New stock. This price includes accrued interest. k Last sale. n Nominal. u Ex-warrants. a Old stock. z Ex-dividend. y Ex a Sale pile. Digitized for FRASER -rights. http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis DEC., 1915d MISCELLAN EOUS SECURITIES. 47 1 Stocks. Par. Bid. Ask. Stocks. Par. Bid. Ask. Stocks. Par. Bid. Ask. Stocks. Par. Bid. I Ask. , 113LECJIAS &POW ER STOCKS. Narragansett El 50 d 88 93 Per share. Adirondack El Pow 2034 22 Nashville Gas_•_100 Louisville. Per cent El Paso Gold _ _ _1 80c. 81c. Preferred .___l00 71 75 Nat L TI & Pow_ 100 4 6 German 50 Federal NI&8m_100 26 3434 Am Gas & El____50 d 135 137 Preferred __ _ _100 35 ' 40 Preferred 100 5034 53 Preferred 50 d 34t 51 Newark Cons G 100 9334 95 Memphis. Per share First National 120 New Bed G & E 100 268 270 Hernando ($3 75 pd)_5 5 13-16 5% Am Gas of N 3_100 118 100_Cop 93% Am Lt & Trac_100 367 370 New Haven G L 25 d 39 40 Fr/knklIn 25 934 Pr-forred ____100 109 111 N Y City- Minneapolis. Per share Gold Dollar Cons_l 2c. 4c. Am Pow & Lt__100 z 63 64 Consol Gas_ _100 14334 144 Nor'westF& NI 100 205 Golden Cycle 1.84% 1.86 Preferred _ _ _100 8234 83 NYMittualGLIO0 145 160 GokifieldConsol Option warrants_ d N Y & Richmond Newark. Per cent Mines 10 1 3-16 1 5-16 Am Public [MI _100 33 41 Gas _100 30 35 American 5 520 Grabby Cons M S Preferred _ _ _100 68 72 Niagara Falls Po100 161 164 Firemen's 50 460 470 & P 100 82 83 Appalachian Po.100 1 6 Northern Calif Newark Fire 5 260 Granite-Bi-Metallic Preferred _ _100 5 10 Pow Cons___100 934 93% Prudential L1fe_50 910. (St Louis)____10 88%c.3 9234c. Arizona Power_100 NorIdaho&Mont Greene-Cananee100 4434 453% Preferred _ _ _ _100 Pow 100 New Haven. Per share Hancock Cons_.25 163% 1734 Bay State Gas__ 50 d 20c. 22c. Preferred _ _ _ _ 100 Security Ins_ _ _ _25 3534 37 Homestake Min 100 121 122 Brklyn Un Gas 100 135 136 Nor Ontario Inspiration Cons BuffeloCityGes100 s 75c. Lt & Pow pf 100 n 51 55 New Orleans. Per share Copper 20 4534 46 Preferred_ _ _ _100 Nor States Pow_ 100 37 40 Hibernia(liquid)100 Isabella 1 1834c. 194c. Buff Gen Mee_ _100 10734 110 Preferred _ _ _ _100 91 92' Lafayette 50 . Island Cr'k Coal_ _ 1 4434 44%3 Calif Elec Gen- Ohio Cities Gas_ 100 1193% 120%3 Meehan AC Trad 100 Preferred _ _ _ 1 89 8934 orating, pref 100 72 77 Preferred_ _ _ _100 8234 8.23% Isle Royale Cop-_25 27 273% Canadian Gen E1100 118 OhloFuelSupply 25 d 41 Jack Pot 1 634c. 8c. Caney ltiverGas_25 d 30 3034 Oklahoma Nat New York. Per cent Kennecott Copper_ 5334 544 Cent Mexico L Gas 100 6934 70 City of N Y 100 120 150 Kerr Lake 5 434 5 & P pref 100 Old Col Gas pf 100 103 10634 Commonwealth 100 325 Lake Copper_ _ _ _25 1534 16 Chic Sub Gas & EL 1234 Ontario Power 100 70 73 Continental_ _ _100 1025 1125 LaRose Cons M_ _5 80c. 82c. Preferred 75 85 Oro Elec Corp _100 1 Fidelity-Phenlx 100 330 345 La Salle Copper_25 534 6 Cinc1n G & El _ _100 7734 7834 Preferred _ _ _ _100 5 11 Germ'n-Alliance100 230 240 Mary McKinney _1 40c. 44c. Cin Gas Transp 100 104 110 OroWater,Light German-Amer_ _100 485 505 Mason Val Alines_ 5 134 2 Cities Service_ _100 88 90 &Power __ _ _100 Germania 50 300 , 315 Mass Cons 25 1234 133% Preferred _ _ _ _100 763-4 7834 Osage & Oklahoma Hanover 50 155 170 Mayflower, 25 - 4 434 Colorado Power 100 2434i 26 (Nat Gas) Co 100 85 Home 100 395 405 Miami Copper___5 3434 3434 Preferred_ _ _100 93 I 97 OttawaL,H&P_100 120 Niagara 50 300 315 Michigan 25 2 234 ColumblaG&-E_100 1534 16 Pac G & El_ _ 100 60 61 Northern 100 90 110 Mohawk 25 87 8734 Commonwealth 1st pref 100 87 883-4 North River_ _ _25 140 150 Nevada Cons Cop 5 163% 17 Edison 100 144 146 2nd pref 100 9034 92 pacific 25 150 New Idris Quick- Connec Pow pf_100 91 9234 Pacific Lt Corp_ 100 96 Stuyvesant _100 100 125 silver 5 12 123% Cons Gas E Lt Preferred __ _ _100 7634 United States__ _20 80 90 Nipissing Mines_ _5 8 834 & P (I3alt)_ _ _100 1144 1143% Pac Pow & L pf _100 94 100 Westchester_ _10 52 55 North Butte_ _ _15 3134 32 Preferred _ _100 114 Paterson & Passaic W'nksburgh City North Lake `,5 2% 24 Consol Gas(N -Y)- Gas & El___ _100 87 91 (Brooklyn)__ _100 130 160 Ohio Copper_ __ _10 24c. 26c. Seeunder N Y City Pawtuck Gaspf _100 90 95 Old Colony 25 3 33,4 Consolidated Gas PennsylLtgcom 100 25 35 Philadelphia. Per share Old Doknfnion__ _25 5834 5954 (Pittsb) pref _ _50 d 10 20 Preferred ____100 78 83 Alliance of Phila_10 1834 19 Ontario Sil Min 100 74, 734 Consumers Gas Pa Wat & Pow_ 100 7234 Delaware 10 5 6 Osceola 25 84% 85 (Toronto) 50 176 17634 People'sGas Lt& Fire Assoclatton_50 330 335 Pittsb Silv P.eak 1 Sc. • 8c. Consumers Pow Coke(Chicr_ _100 1173% 118 Girard F & M_100 200 225 • Pond Creek Coal.10 15 154 (Mich) pref_ _100 91 95 People's Nat Gas Ins Coot N A__ 10 2434 24%3 Portland 1 1.72 1.75 Dayton P & Lt _100 42 50 & Pipeage_ __ 25d 32%3 35 InsCoState ofPa100 90 100 QuicksilverMin 100 - 4 13% Preferred _ _ _ _100 88 91 Piffle Co-See St & El R R Sec. Lumbermen's_ _ _25 9934 Preferred_ __100 43,4 5 Detroit Edison_ 100 13134 1323,4 Phila Elec($22.50 Mechanics' 25 8 60 Quincy 25 z 85 86 Duluth Ed El__100 paid) 25 d 273% 28Pennsylvania F 100 400 405 Ray Cons Cop 10 2534 25% Preferred ._.100 65 75 Pittsb 011&Ges_100 7% 7% People's Nat Fire 50 14 14% St Joseph Lead 10 14 144 Duquesne Light- Portl (Me)G L_ 50 d 60 63 Phila Life 10 10 1034 SantaFe(G&Cop)10 334 3% See Phila Co Providence Gas_ 50 d 86 91 Reliance 50 50 60 ' San Toy 1 17c. 19c. under St Rys Pub Serof N 111 100 10834 110 UnitedFiremen's 10 10 12 Seneca (110 pd)_ 25 28 35 Edison El Ilium Preferred _ _ _100 1003-4 102 Shannon 10 8 834 (Boston) ____100 24134 242 Rhode Isl Elec Providence. Per share. Superior & Bost_10 23,4 23% Elec Secu pref _ _100 80 85 Protect 100 130 Prov Wash'ton _ _50 83 Superior 25 27 273% Electrical Util__100 Salem(Mass)GLIO0 k 2003,4 Tamarack q5 5254 53 Preferred _ _ _ _100 Shawln W & P_100 13934 1393,4 Richmond. Per share. Tennessee Cop_ _ 25 58 583,4 Elec Co of Am__ 10 d k 11 Somerset Union & Virginia F & M25 75 78 Tonopah Belmont 1 4344 15-16 Elec Inves Corp 100 10 20 Middlexex Lt _100 68 70 Tonopah (Nev)_ _1 7 74 Preferred _ _ _ _100 75 85 Sou Cal Ed corn 100 7634 78 St. Louis. Per cent Tonopah Ext Mln 1 44 43/s Elec Stor 13at_100 69 70 Preferred __.i00 95 98 Amer Central_ __50 156 Trinity 25 104 11 Elizabeth G L_ _100 350 SW Pow & L pf 100 a 973-4 100 UnitedGoldMines 1 Sc. 6c. Empire Dist El _100 Stan G&E (Del) 50 d 834 934 St. Paul, Minn Utah Cons 5 z 123% 133% Preferred__ _100 78 Preferred_ 50 d 3054 3134 St Paul F & M 100 375 Utah Copper Co_ 10 7954 79% Equitable II1G14- Superior Water Lt& Victoria 25 254 24 Phila pf 100 105 110 Power, corn.._100 45 65 San Francisco. Per share Vindicator 1 1.7434 1.77 Essex & Hud G_100 132 134 Preferred _ _100 65 Firemen's Fund 100 24434 Winona 25 334i . .4 Fairmont Gas __50 d 30 Texas P & L pf_100 94 100 Wolverine 25 5S34 59 Preferred 50 d 4734 Troy (N Y)Gas 100 z 118 120 Washington. Wyandot 25 rN 13% Fall Itiv Gas W_ 100 260 265 Union Nat Gas_ 100 140 Arlington 10 634 834 Yukon Gold 5 234 234 Federal Utilities 100 ----.. United El N J _100 90 Corcoran 50 80 Preferred _ _ _100 30 United El Sec pf100 108 112 Fireman's 20 18 REAL ESTATE TR Per share. Gas & El of Ber- Untd G&E Corp100 17 20 German'Amer_ _100 265 & LAND STOCKS gen Co 100 88 91 1st preferred_100 58 60 National Union 5 6 Albany Tr (Bost)_t a 75 85 Gas & El Secur_100 90 2d preferred_ 100 18 21 Potomac 25 Alliance Realty _1 75 85 Preferred ._100 65 85 Un G&E ofN.Jpf 100 79 83 . Barristers' Hall Tr General Electric 100 1753% 17634 United Gas Imp 50 d 883% 89 (Boston) 1 a 70 75 Georgetown Gas 25 d United Ilium Co MARINE INSUR- Bedford Tr(Bost)_' a 60 70 Hartford El Lt_ 100 290 300 of New Haven100 215 ANCE SCRIP. BerkeleyHot1Tr(B)/ a 60 70 Hartford City Geo United Utilities_ 100 20 25 • Bd of Tr 131.v, Tr(B)1 a 98 102 Light common 25 d 60 61 Preferred _ _ _ _100 a 95 100 Atlantic Mutual- BosGedWtTr(C)_ 1a 100 Preferred... _ 25 d 47 Utah Sec Corp 100 193% 20%3 1910_ _. f 103 107 Bost Land (Bost)_k Havana El L& P-S ee St & El Rys. Wash'n(DC)Gas 20 d 7334 733/s 1911 /103 107 Bost R E T (Bos)_hia1010 Houghton Co El Western Power..100 1834 193-4 1912 f 103 107 BosStorW'h'se(B) I'a 110 Light 25 d 15 17 Preferred _100 5234 5334 1013 f 103 107 Boston Wharf Co_l'a 108 Preferred _,__ 25 d 23 24 WestStatesG&EI00 30 1914 f 103 107 Brornf Bldg Tr(B) Pa 80 86 HoustonG&Fpf100 101 105 Preferred _ _ _ _100 73 85 1915 f 103 107 Business RETr(B) II a 80 Hudson Co Gas.100 130 1313.4 Westhouse Elec Cent Bldg Tr (B)_I a 70 Ilium & Power & Mfg. coin_ 50 d 6934 693% Chic R E Trustees hitt 900 1000 Secur pref___100 a 92 97 First pref , 50 d 77 80 MINING STOCKS City Assoc (13os)__ela 510 Indiana Ltg_ _ _ _100 45 INSURANCE Per share. City R E T (C)__h'a 950 Indlanap Gas., 50 d 6,1% 6534 STOCKS. Acacia 1 3c. 33%c. Cleverly Tr (Cam)ela 410 Kansas G & E pf 100 a 95 100 Albany. Par. Per share. Adventure Cons_25 234 23-4 Congress St Assoc.1--1 Kansas NatGas 100 9 934 Albany InsCo__ 50 175 190 Ahmeek ''5 95 96 ates (Boston)_ _l a 96 KingsCo El & P.100 126 12734 CommerceInsCo 25 155 175 Alaska Gold M__10 25 253% C'gressStBlgTr(B)/ a 50 Laclede Gas Lt_ 100 1043% 1053% Baltimore. Per share. Alaska Juneau Constitution Wharf I Preferred _ _100 93% German 10 19 21 Gold Mining_ _10 10% 10% Trust (Boston)_l'a 100 Lincoln (Neb)_- German-Amer__ 25 38 40 Algomah 95 13% I% Copley Sq Tr (B)-1 a 25 Gas & El L__100 15 25 Boston. Per share. Allouez 25 z 56 57 Preferred l'a 100 Lone Star Gas_ _100 93 Boston 100 420 435 AmGold M (StL) 10 70c. Delta Bldg Tr (B)_l!a 65 80 Lowell Elec Lt_ 100 195 200 ColurnNatLife_100 122 126 Amer Zinc Lead & Devonsh 13Ig Tr(B)I'a 30 45 Lowell Gas._ ..100 250 255 Conveyancers' Smelting 25 69% 6934 Dwelling House I Manufac Lt -dc Title 100 Anaconda Con 50 884 8834 Assn (Boston)__h'a 600 Heat, Plttsb_ 50 d 5254 5234 Mass Bonding 130 136 Arizona Com'cial_5 73,4 734 East Bos Land (B)_ I 83% 93.1 Mass Gas Cos__100 86% 87 Mass F& M Arnold. 23 55c. 80c. East St R E Tr(B) l'a _____ 100 Preferred _ _ _ _100 z 84 85 Mass Title 100 Batoptlas Min_ _20 2% 2% Ensley Land Co_ _II 75 85 Mass Ltg Cos com_ d 17% 20 Brooklyn-SeeN Y Bonanza Dev Co 10 35c. 55c. Essex St Tr (Bos)_lla 95 Preferred _ _ _ _100 95 99 Detroit. Per share. Braden Cop Nlines 5 16 1-16 163% Factory Bld Tr(B)_1Ia 85 Mexican Lt & P100 28 30 Detroit F 3,:. M__50 135 Butte & Sup _10 72% 73% Fifty Assoc (Bos) la4000, Mexican Nor P..100 Michigan F& M 50 90 Calumet & Ariz_ 10 6854 69 Eraymarket Tr (B)la 60 Michigan Lt pf_ 100 95 99 Hartford. Per share. Calumet & Heels 25 568 570 Hotel Bellev Tr(B)/ a Middle West Util- Aetna (Firel_ _ _100 375 Centennial 25 163% 17 Hot1Tr.T'reine(B) la 100 Common ____100 41 42 Hartford Fire_ _100 860. 815 CentreCr'k Min_10 1.75 Huntington Cham I Preferred _ _ _ _100 77 7834 Hartf Steam Boil Chili Copper ._.25 253% 2534 Tr (Bo9ton)___ _1 a 75 85 Miss R1v Pow...100 1134 Insp & Ins 100 595 605 Chino Copper__ _ _5 5434 543% Journal Big Tr (B) 1 a 40 Preferred _ __ _100 42 National Fire....100 375 382 Cop Range Con 100 z 5834 59 Kimball Big Tr(B) ra 45 Mobile El pref _100 a 88 91 Phoenix (Fire)_100 385 390 Cripple Cr'k Cons 1 7-10c. 2c. Lovejoy'sWhTr(B)/ a 98 102 Montana Power 100 683% 694 Standard Fire__ 25 69 Daly-West 20 33/s 334 MerchRETr(Bos) ha 600 Preferred_ __ _100 110 11334 Life Insurance Per share. Davis-Daly Cop_10 134 1 11-16 Municip'IRETr(B)/ a 97 101 MontrealLII&P100 23934 240 Aetna Accident_ _ _ _ 465 Dante.. 1 33%c. 43%c.t Old South Bid As la 55 Municipal Gas Aetna Life 100 585 588 Doctor Jackpot_ _1' 9%c.3 93-4c. Oliver Bid Tr (B).l a 103 (A lbany)- - -__ 100 120 125 Conn Gen 100 570 Dome Mines____10 284 283% Paddock Bld Tr(B)/ a 90 Muskogee G&E 100 Travelers' 100 860 880 Elkton Cons 1 29c. 294c. I Preferred _ _ _ _100 a 85 90 Purchaser also pays accrued Int. b Assessment paid. c 2d install, paid. d Price per share, not per cent h Par value 31,000 i Par value $10 k Last sale. IPer value $100. mist install, paid. n Nominal. a Sale mice. t New stock. s Ex-dly. y Ex-rights. z Ex-special city. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis 4s MISCELLANEOUS SECURITIES. [VoL. 101.

Stocks. Par. Bid. Ask. Stocks. Par. Bid. Ask. Stocks. Par. Bid. Ask. Stocks. Par Bid. Ask. Per share. Per cent. Brown Shoe___ _100 45 50 Gen Asph com_ _100 35% 36% Pem'tonBldTr (B)1 a 60 Am Bank Note_ 50 d 47 49 Preferred 1.00 94 96 Prof 100 72% 73% Post Of Sq Tr (B)_1 a 65 80 Preferred 50 d 50 52 Brun.swick-Balke- 'Gen Baking____100 8 10 PrayBlds Tr (Bog) 1 a 20 Am Beet Sugar_100 70 70% Collender pf_100 105 107 Preferred_ 100 55 58 QcyMark R pf (B)1 a 99 Preferred_ _100 94 95 Brunswick Term Gen Chemical 100 320 326 R E Assoc (Bos)_ _1 a 65 75 American Book _100 170 180 & Ry Sec..___100 10% 11 Preferred__ _ .100 115 117 Realty Associates of Am Brake Sh&F100 Burns Bros____100 82% 823% General Motors 100 463 474 Brooklyn_1 96 101 Bkrs Tr ctf dep 102 103 Preferred_ ___100 104 108 Preferred_ 100 1133% 114% Som'set H Tr (B) _1 a 65 Preferred_ _l00 Butterick Co___100 30 32 Gen Ry Signal_ 100 107 112 South St Tr (Bos)_/ a 97 Bkrs Tr ctf dep 195 200 Calif FrCanAssn 100 124 1273% Preferred.. 100 88 South Term Tr (B)/ a 70 American Brass 100 258 261 California- Globe-Wernicke 100 127% 135 State St Associates m & Brit Mfg 100 25 35 PetrI'm Corp_100 263% 26% Preferred _ _ _ _100 110 120 (Boston) 1 a 65 Preferred _100 75 Preferred_ ___100 57 Mi Goodrich (B F)_100 71%3 71% State St Ex (Bos)_1 a 65 70 American Can_ _100 63 633% Calif Wine Assn.100 303% Preferred ...._ _100 111 112 Suffolk R E Tr(B) ha 700 800 Preferred_ ___100 111%3 113 Preferred_ _100 613% Goodyear Tire & Summer St Tr (B)_1 a 75 80 m Car & Fdry 100 81%3 823% Calumet & Chic Rubber pref _100 111 112 Tr(B)_ /a 92 Preferred_ ___100 118 Can & Dock_100 49 Term Hotel 1173. 51% Gorham Mfg pf 100 112 120 Preferred 1 a 85 Am Caramel_ __100 2 5 Canada Cement 100 38% 39 Gottlieb-Bauer- Texas Pacific Land Preferred_ __100 15 30 Preferred _100 90%1 Straus Brew_ 100 Trust certfs l 108 112 Am Chicle 100 75 79 CanFdys&Forg._- 100 198 205 Gray & Dudley.. 100 85 90 Treml Bld Tr (B)_1 a 95 100 Preferred 100 84 87 Canada SS Lines- Great LakesTow 100 203% 27 Trtmtn Tr (Bos)_ _I a 92 100 Am Cigar . 100 110 115 Common 18 Preferred. _ _ _100 95 100 University Associ- Preferred_ 100 99 101 Preferred 733% 733% GreatSouthLumber 72 80 ates (Cambr)_ _I a 70 Am Coal Prod._100 145 146 CanadianCar&F100 96 ' 973% GreatWest Sug. 100 104 106 Western RE Tr_ __I a 132 Preferred_ 100 115 120 Preferred_ ___100 1123% 113 Preferred_ _ ...100 105 106 WInthropB1dTr(B)1 a 70 Am Cotton 011_100 57 573% Can Con Rub__100 min 91 Guantanamo Sug50 d 64 68 Preferred__ 100 98 103 Preferred.._ _100 min 97 Guggenh'm Exp 25 d 78%3 78% TELEGRAPH & AmCreditIndem100 110 Canad'n Explos.100 380 1 415 Hackensack Wet 25 TELEPH STOCKS Am Express._ __ _100 122 126 Preferred ____100 100 I 110 Preferred_ __.25 Par Per cent. mFruitProd pf100 23% Can Locomotive100 623% 633% Hale dr Kilburn.100 40 42 AmDisTelg(NY)100 n 15 20 American Glue_ 100 95 Preferred_ _100 85 i Preferred ____100 71 72 AmDisTelg(NJ)100 a 62 65 Preferred....__100 144 149 Canton Co 100 140 1 145 Harbison-Walker AmTel&Cab,gu 100z 633.1 67 Am Graphoph_ _100 128 135 Carriage Fact 100 513% 52 Refractories _100 66 Amer Tel & Tel_ 100 1283.1 129 Preferred _ .... _ 100 140 148 Case(J I) Thresh I Preferred.. _ _ _100 $ 99 Bell Telp(Can) _ 100 146 Am Hardware_ _100 121 127 Mach pref __.100 893%, 90 Hart, Schaffner Cent&SA Telg_100 134 1343 Am Hide&Leath100 113% 113% Case Lockwood & & Marx pref _100 115 116 Cin&Sub Bell Tp 50 200 Preferred_ _100 51 523% Brainard Co_100 175 Havana Tob___100 2 4 Commer Un(gu) 25 98 110 Amer Hosiery__ _25 d 135 Celluloid Co.._100 160 165 Preferred.. _ _ _100 6 8 Dominion Telegr Am Ice Secur__100 27 273% Cent Leather__100 693i 59% Hawaiian Corn (Canada) 50 100 Am-La France Preferred_ __100 110 110% & Sugar 25 d 40% Empire & Bay State Fire Eng Inc_100 45 65 Champion Coated- Helme (GW)Co100 165 185 Telegraph._ ....100 66 72 Pref (new)_ .100 85 95 Paper 100 115 130 Preferred ____100 112 120 Franklin Tg(gu) 100 42 48 Amer Laundry Preferred_ ....100 105 Hendee Mfg___ 100 30 32 Gold&StkTg(gu)100 111 117 Machinery___100 35 38 Chesebr'h Mf_100 735 750 Preferred_ .. _ _100 963% 98% Ill & Miss Telg. 50 66 72 Preferred ____100 112 115 Chicago Audito- Hercules Powder100 400 420 Internat Ocean Telg Amer Linseed_ _100 243. 24% rium Assn. _100 Preferred_ ___100 112 116 (guaranteed)_ 1061 97 103 Preferred_ _ __100 423. 423% Chic Junc Rysdr- Heywood Bros & Keystone Telp_ 50 d 14 143. Am Locomotive 100 71%5 71%3 Un St Yd stpd 100 1573% Wakefield Co 100 z 115 120 Preferred 50 d 66 67 Preferred _100 102% 103 Preferred _100 1033% Preferred.._ _100, 98' 102 Kinloch Long Dist Am Mch & Fdy 100 90 100 Chic Pneu Tool..100 81 , 82 HolyokeWatPo.100 405 Telephone...... 100 Am Malt Corp_100 8% 93% Chic Ry Equip_100 823% Hooven Owens & Louisv-HomeTp 100 107 115 I Preferred _ _ _ _100 323% 33 Childs Co 100 62 65 Rechlts &er pf 80 Marconi Wireless Amer Piano pf _100 65 68 Preferred 100 98 101 Hopkins A1 112 Tel of Am 5 d 33% 4 Am Pipe&Cons_ 100 s 293% Cin Tob Wareh_ 100 10 Arms com___100 61 65 Mexican Telg_ _100 225 lAm Pneu Serv_50 d 23. 2%5 Cin tin Stk Yds.100 90 94 Preferred ___ _100 92 95 Mex Telp& Telg 10 d 13. First pref 50 d 47 Si City Investing_100 14 20 %3 Houston 011 ctfs 1001 21% 22 Preferred 10 d 4 53 Preferred 50,d 153. 16 Preferred.. 100 70 80 Preferred ctfs 100 63 66 Mich State Telp Am Press Assn_ 100'n 10 20 Clev&SandBrew100 23% Div Wig.. _ _F&A d 813% 821,4 Preferred_ _. _ 100 90 92 Am Radiator.. __100 375 379 Preferred. _ _ _ 100 103% 15 Hueb-Tol Brew 1001 1 1 Montreal Telg_ 40 s 136 Preferred 100 135 136 Cleveland Stone 100 60 Preferred _1001 6 Mountain States Am Rolling Mill 100 182% 195 Cluett, Peabody100 73 74 Hutch Sug Pltn_ 25 d 233% Telep & Teleg 100 107 108 Preferred _ _ _ _ 100 z 1143.1 120 Preferred_ 100 108 110 Hydraulic Pr Br 1001 2 N E Telp&Telg _ 100 132 1323. American Screw 100 128 135 Colt's Patent Preferred. _ _1001 20 21 NorthwestTg(gul50 d 51 Am Seed Mach. 100 Fire Arms M_100 875 900 Illinois Brick_ _ _100 79 80 Ohio State Telep 100 41 Preferred _ _ _ _100 101 1023% Comput-Tabulat & Indepen Brew'g_50 d 3 3% Preferred .._ _ _100 102 1033 Am Sewer Pipe. 100 163% 173% Recording Co 100 423% 44 Preferred. ___ .50 d 173% PacdrAtITg (g.u)..25 68 75 Am Shipbldg_100 35 38 Conley Foil_ _ _ _100 350 400 Ingersoll- Rand 100 165 175 Pacific Telp&Tg100 423' 44 Preferred_ _ _ _100 793% 80 Consol Car Heat 100 60 1 65 Preferred. -._ 1001 102 105 _ _100 %3 Preferred _ _ 953% 95 Amer Smelt Sec Cons Ice(Pittsb) 50 d 5 Intereont Ruh 100, 123% 133% Providence Telp 50 d 973% Pf Ser A stpd_100 90 903% Preferred 50 d 35 Int Agr Cor com100 24 26 SouthdcAtIT:g(gu)25 90 100 Pref Ser B_ ...100 853' 853% Cons'd Water Preferred _ _ .. _100 60 603% Southern NE Tp100 142 Am Smelt&Refg100 983 993i Utica prof.. _ _100 65 70 Intern Banking 100 160 163 ToledoflomeTp100 87 Preferred_ _ _ _100 1103% 111 Consumers Co_100 23 25 Inter Button Hole Tri-State Telep Am Snuff corn_ ..100 150 152 Preferred_ ___100 80 82 Sew Machlne_ 10 d & Teleg 10 d 10 Preferred_ _100 106 1103% Cord Can 100 893% 90 Int Educational Preferred_ 10 d 9 10 Am Sugar Refg_ 100 118 1183%' Preferred ... 100 107 108 Publish'g corn 50 a 90c. Western Un Tel 100 88 883% Preferred _ __ _100 119 120 Corn Prod Refg.100 183% 18%3 Preferred.... _50 14 33. m Thread pref _ _5 d 4 5 Preferred ...100 873% 88 lot Harv of N J 100 1083% 110 TITLE GUARAN- m Tobacco_ __100 217 218 Cramp (Wm) & Preferred. . _ _100 1153% 1183% TEE & SAFE Preferred...... 100 1083% 1083% SonsSh&EB1d100 Int Flarv Corp 100 693% 71 DEPOSIT Am Type Foun _ 100 40 413% Vot trust ctfs_ 82 85 Preferred.. ...l00 100 110 STOCKS Per cent. Preferred_ _ _ _100 89 91 Crescent City Inter Mere Marine Amer Surety__ _50 120 125 Am W W & Elec Slaughter-Hse_ 50 d 45 Corn 100 17% 183% Bond dr M Guar100 275 285 Common ...... 100 83j 9 Crex Carpet.. 100 40 50 Pref ____ _ .. 100 673% 68 Casualty of Am 10 100 120 First pref..... 100 58 60 Cuban Am Sug_ 100 173 174 Pt Cent Tr ctfs.. 67 673% Chicago T & Tr 100 230 235 Panic pref __100 18 19 Preferred_ 100 102 106 Int Motor 100 34 37 CitySD(AlbNY)100 125 Am WinGlass pf 100 98 Curtice Bros_..100 150 Preferred 100 Columbia Title Am Wind Glass Preferred 100 115 Int Nickel vtc_ _100 185 187 (Washington)._.5 d 43% 5%3 Mach 100 273% D H Holmes Ltd100 130 137 Preferred vtc_100 106 108 Fidelity&D (Md)50 d 139 1393% Preferred 100 121 122 Deere & Co pref 100 96 973% Inter Paper__ ....100 11 3% 113% lstMg Cu N Y _ 100 90 100 Am Woolen__ _100 50 51 De Long Hook Preferred_ __ _100 453% 46 K C (Mo) Casual_ d 63% 7 Tr Co ctfs—__ 50 51 dr Eye 100 50 60 Inter Salt 100 40 43 Kentucky Title_ 100 110 Preferred. 100 97%3 98 Denver Un Wet 100 10 Inter Silver_ 100 75 Lawyers M Co. 100 177 182 Tr Co ctfs__-_ 973% 98 Prof certfs_ ..100 10 Preferred _ .. 100 100 102 Louisville Title. 100 123 126 Am Wringer_ ....100 100 Diamond Match100 112 1123%1 Int Steam Pump100 8 10 Maryland Cas Co25 d 90 91 Preferred. _ _ _100 1123% 117 Dist Sec Corp_ _100 473% 48 Preferred_ _ _ _100 14 17 Mortgage Bond.100 114 119 Am Writing Pap100 % 1 Dixon (.1) Cruc_ 100 Int Text Book_ _100 40 44 Nat Surety Co_ 100 188 192 Preferred.. _ .. _ 100 11 14 Dodge Mfg pref 100 95 98 JR Montgomery 100 90 N Y Mort&Sec. 100 98 103 Assets Realize _100 63% 10 Dominion Bdge.100 2293% 230 Johnson Tin Foil N Y Title Ins Co100 35 45 AssoMer lst pf _ 100 52 95 Driggs -Seabury & Metal__ . 100 125 140 PacificCoastCaslty 2d preferred_ 100 Ordn Corp 100 167 175 Johns-Pratt Co 100 255 (San Fran). _100 Associated Oil 100 58 593% duPont (E f) de K C Breweries 100 RETIns(Wash)100 All Gulf & W N Pow (new)_100 430 450 Preferred.... loo Rhode Is] S D_ .100 110 Ind SS Lines_ 100 323% 323% Common (old)-- 100 104 K C Stk Yds of Me SD&TrCoof Bal 100 650 Preferred . _100 463% 47 Preferred 100 99 101 Common _ _100 60 St Paul Title&Tr 50 d Atlas Powder_ _100 248 263 du Pont (E I) de N Preferred.. _ _100 77 79 Title Gu Tr(St L)100 110 Preferred ____100 95 99 & Co deb stk_100 1013% 1023%, Kayser(.101)&C0100 80 86 U S Casualty. 100 190 210 Automaties Gum & Eagle Lock__25 d 52 1st preferred 100 106 111 USFidel&Gu(M)100 205 225 Chocolate ....100 5 10 Eastm Kod N .1100 620 Kelly Springfield US TG udr lndem 100 35 45 Babcock & W11_100 129 133 Preferred _ __ _100 120 Tire, corn . .100 297 300 Westch & Bronx Tit Baldw Loc Wks 100 1133% 1143% Electric Boat... 100 400 420 1st preferred 100 97 98 & Mtg Guar _ 100 165 180 Preferred.. 100 111 112 Preferred _ _ _100 400 420 New stock w 1_ _ .. 743% 76 Bar & Smith Car100 5 Elec Bd & Sh pf 100 100 Kennard Carpet100 MISCELLANEOU S Preferred _ _. _100 25 35 Elgin Nat Watch 100 128 131 Preferred ___ _100 Adams Express. 100 115 120 Beatrice Cream 100 175 185 Ely Walker Dry Kentucky Wag 100 48 50 Aeolian-Weber— . Preferred _ _ _ _100 96 Goods 100 109 Keyst Watchc'e 100 80 85 Piano& Plan..100 25 Bills dr Spen _25 d 51 1st preferred 100 101 Kolb Bakery of 100 75 85 Preferre,c1. _ __100 75 Bliss E W)Co _50 d 345 360 2d preferred 100 s 79 Kresge (S S) Co 100 225 250 Aetna Explosive]00 146 153 Pre erred 80 Emerson-Brantiog- Preferred ._ .100 111 112 Preferred...... 100 89 92 Booth Fisheries.. 7 2 35 ham 100 16 20 Lake qno Cnrp_ 100 93% 93% Alaska PackAssn100 913% 1st pref 100 733% 74 Preferred..._100 51 55 Lake Torpedo Albany (N Y) Safe Borden's Con M 100 114 116 Fairbanks E&T.500 d 120 Boat 10 d 14 15 Dep& Storage 100 125 Preferred...... 100 105 107 Far & Ship Tob Lake or the Woo i - Allis Chalmers Mfg Bost Belting_ __100 z k 113 Warehouse _100 5 gime( _ _100 129 Corn v t c____ 100 343% 343% Brill (.1 GI 100 57 I 59 1st preferred_ 100 100 Preferred.. _100 120 Pref v t c_ _ _ 100 81% 82 Preferred _ _ _ _100 95 97 2d preferred. 100 25 usnst Monotype100 Am Agri Chem..100 723% 73 Brit Amer Tot). _ £1 d 14% 153% Farm Riv Pow_ _25 d 30 40 Laurentide Pap 100 117)1(TU 112x Preferred_ ___100 983% 99%3 Ordinary hearer. d 14% 153% Fay & Egan pref100 40 60 Liberty Mills _100 80 90 British Col Fish Federal Sug Refg 100 50 52 Lig& Myers Tnh 100 242 256 & Packing_ _ _100 113 Preferred. _ _ _100 88 95 Preferred , .100 1183% 1193% Broad Brook Co 25 d 12 18 Gair (Robt) Co pf_ 100 102 Lima Locomot_100 28 1 30 a Purchaser also pays accrued Int. d Price per share, not per cent. • Par value $500. h Par value 81.000. k Last sale. 1 Par value $100. n Nominal. o Ex-cash and stock dividends. r Ex-subsidiaries. $ Sale price. t New stet*. z Ex-dividend. • Ex-rights. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis 9E0.. 1915.1 MISCELLANEOUS STOCKS.-STATE AND MUNICIPAL BONDS. 49

Stocks. Bid. Ask. Stocks. Bid. I Ask. Stocks. Bid. Ask. Stocks. Bid. Ask. Par. Par. Par. Par . Brothers___ 10 d 20 22 NT Y Dock 100 17%3 Rumely(M)Co_100 Union 011 100 703/2 703/, ose-WilesBis_100 26 27 Preferred_ ___100 31 40 Preferred__ __100 7 12 Un Provident...j00 685% 693/2 let pref 100 953/2 98 NY&E Rh, Fy_100 Saco-Lowell Co- Un Sand dr Mat 100 78 2d pref 100 ' 65 NY&KyCo vtc 10C 25 - Common ____100 115 120 Un Stock Yds Lord & Taylor_100 10 25 Pf vot tr ctfs_100 80 Preferred ____100 101 103 So Omaha_ __100 973/2 993/2 let prof 100 30 50 Nicholson File _100 275 Safety Car H&L100 123 125 Un Switch & Sig 50 d 1285% id pref. 100 10 30 Niles-Bem-P'd _100 187 195 St L (.'ot Comp 100 34 Preferred _50 d 126 Lorillard (P) 100 1825% 1895% Preferred_ _ _ _100 100 104 St Louis Transf _ 100 74 Untd Cig Mfrs 100 603/2 62 a Preferred_ _.._100 1133/, Nor & W Stboat 100 150 160 Savage A rms_100 405 425 Preferred___ _100 105 • 109 LoulsyTobWhse100 19 21 North Amer_ _100 74% 75 Scovill Mfg_ __ _100 420 435 Untd Cig Stores Preferred_ _100 82 85 NWStatesPortCem- Sears, Roebuck of Am com___100 96 102 ).cAndrews&- Common _ _ _ _100 65 75 & Co corn_ __100 1725% 175 Preferred____106 110 125 Forbes 100 140 150 Preferred_ . __100 85 95 Preferred_ _ _ _100 125 New com 10 d 954 Preferred 99 101 I Ogilvie Fl Mills _100 133 136 Securities Corp- New 12 MiIckay Cos__ _100 78 815% Preferred_ _100 1165% General 100 25 30 United Drypref0 Gds 1010 dzi21P 50 Preferred _ _ __100 655% 66 Ohio Fuel Oil__ 1 d 155% 16 Preferred_ _ _ ..100 85 90 Preferred. __ _100 67 703/2 what Shirt.._ 100 60 65 Old Domin SS _100 85 92 Shredded WheatCo. United Fruit. _ _ 100 1583/2 159 Preferred_ ___100 103 109 Otis Elevator_ _100 70 72 Common 100 101 Untd Petroleum 100 68 695% MsInhat Transit 20 d 1 9-16 1%5 Preferred ____100 92 94 Preferred _ ....100 93 Un Prof Shar 1 d 15% 2 Mstnufact'd Rub 10'd k % Pabst Bwg pref 100 86 Silversmiths Co 100 60 UntdShMachCor 25 d 493/2 50 Preferred__ 10 d k 4 Pac Coast Co __100 35 40 Preferred_ __ 100 923/2 Preferred. _ _ _ 25 d 285% 29 trin Co Water100 60 1st pref 100 72 76 ' Singer Mfg__ _100 210 213 U S Bob & Shut 100 23 30 Msty (The) Dept , 2d pref 100 48 52 SiouxC'yStkYds100 25 35 Preferred__ _100 95 itoresCo corn 100 633/2 64 Pacific Mall SS_100 33 335% Preferred__ _ _100 85 95 USCastIP&Fdy 100 255% 255% Preferred __ _ _100 103 104 Packard Motor.100 1395% Smyth Mfg Co_ 100 210 Preferred..___100 50 54 Msixwell Mot....100 743/2 75 Preferred _ _ _ _100 a 993/2 102 SoPortoRicoSug100 155 156 U S Envelope__100 128 138 1003/2 ,PeckStow&Wilc 25 d 28 30 Preferred.. ...100 108 110 Preferred...... 100 107 Let prof 100 100 %5 10434 id pref 100 55 56 !Penn Salt Mfg_ 50d 100 Spring Val Wat 100 55 US Express_ _ __100 42 46 Ms)rg Linotype_100 1725% 174 Penn Traffic_ __2% d 2 Stand Coupler 100 25 35 U S Finishing__ 100 11 15 Msorican Petrol_100 95 953/2 Pettib Mulliken 100 60 65 Preferred__ __100 100 Preferred____100 35 40 Preferred__ _100 88 90 . 1st preferred_ 100 95 109 Stand MIlling__100 86 89 U S Glass 100 18 20 Mtl&ChBrew .p f£10 d PhelpsDodgeCo 100 250 260 Preferred _ ___100 84 85% U S Ind Alcohol 100 1245% 125 MInnep Brew _ _100 115 Pittsb Brewing_ 50 d 5 Standard 011-See Unliste d Secur Preferred_ _ _ _100 100 106 Preferred__ _100 100 Preferred 50 d 175% ities in weekly Chr onicle. U S Play Card_100 160 175 )line Plow -1st Pittsb P1 Glass _100 119 Standard Screw 100 275 300 U S Print of 0_ _100 40 60 )1-et 100 90 05 PlimptonMfgCo100 115 Preferred A _109 99 US Realty & Im 100 375/2 41 Mcmtgomery Ward Porto-Rican Am Preferred B._ _100 107 109 US Red & Refg 100 45% 55% k Co, pref_ _100 1135% 1135%1 Toharco __ A00 195 205 Stanley Rule ez. Preferred_ ___100 45% 5 Mt Olivet Cemetery Pratt& Whit pf_100 103 106 Level(N Brit)_100 380 US Rubber_ _ __100 54 545% Nashville) _ _100 95 105 PressedSteelCar 100 655% 665% Stanley Works_ 25 69 71 18t preferred 100 107 10734 Nashville Wareh Preferred _ _ .._100 105 106 Sterling Gum_ _ _ _51d 23/2 2d preferred __100 V Elevator 100 20 30 Prest-O-Lite Stern Bros pref_100 31 34 USSmRef&Min 50 d 475% 4734 Nat Biscuit 100 1255% 1263/2 Co Inc d 50 65 Stetson (.1 B)__ 100 360 365 Preferred_ ____ 50 d 485% 49 Preferred_ _ __100 125 129 Proc Sr Gamble _100 650 675 Preferred_ _ _ _100 145 150 Va-Caro Chem_100 47 475% Nat Candy ____100 8 85% Preferred _ _ _ _100 186 195 Stewart-Warner Preferred ____100 112 114 st prof. _ _ _ _100 95 98 ',Producers' OIL _100 Speedometer 100 90% 91 Vulcan Detin__100 s 12 1d pref 100 75 ' Pullman Co__ _ _100 1685% 1695% Preferred] _100 108 110 Preferred 100 s 35 Nat Carbon_ ___100 1545% 155Ill'irre 011_ ____ 5 d 17% 175% StudebakerCorp100 1525% 153% Waltham Watch100 9 13 ?referred _ __100 120 1201.i'Quaker 0-ats___100 310 315 Preferred _ _100 113 115 Preferred _ _ __100 70 75 Nat.Cloak&S-uit100 78 80 I Preferred_ ___100 1065% 107 Submarine Boat___ d 455% 46 Wash Market __ _50 d 1734 'referred _ .100 103 110 , Ry St1 Spring_ _100 46 465% Sulzberger&Sons- WellsFargo&Co 100 128 133 NatEnam&Stpg100 283/2 295%: Preferred_ _ _ _100 101 105 Preferred_ _ ..100 87 90 Welsb'chCoconal00 43 47 'referred__ _1.00 94 96 I Reece Button- Swift & Co 100 1255% 126 Western Stone_ 100 n Nat Fire-Proofg 50 1 115% 115%! Hole Machine 10 d 16 165% Texas Company 100 2113/2 212% WestingAirBeke 50 d 1395% 'referred_ _ __ 50 d 235% 235% Reece Fold Mach 10 d 35% 4 Tobacco Prod__100 34 35% Westing Auto Air Ne,t Lead_ 100 65 655%'Remington Typew- Preferred _ _ _ _100 1015% 103 • & St Coupler_100 623/2c. 90c. 'referred .___100 112 I 1125% Common ____100 15 16 Torrington Co__ 25 d 343/2 35% Westin" Mach_ 50 d 30 35 65 Preferred 25 d 30 Weym-Brut Co_100 233 255 Nat Machine__ 25 d1st , prof 100 62 293/2 Nat Ref pref _ __ 100 120 I , 2d pref. 100 41 44 Trenton Pott _ _100 n 4 5 Preferred_ _ _ _100 112 120 t Sugar Refg 100 96 97 Reynolds (R J) Preferred __100 n 40 50 Willys-Overland100 240 244 Ne 77 Departure Tobacco 100 460 480 Triangle Film_ _ _ _5 d 55% 6 Preferred_ ___100 1135% 11334 4fg corn_ __100 174 176 Preferred __ 100 120 122 Underw Typew_ 100 81 89 Winchester 'referred ____100 109 RIPerk Horse S 100 Preferred . _ _100 107 110 Repeat Arms_100 2450 2650 Ne vEngCotY'n 100 30 Preferred_ _ _ _100 28 35 Unexcelled Mfg..10 d 3 5 Woman's Hotel 100 60 70 'referred.. _ _100 51 70 Rleh & OntNav 100 min. 75 (To Bag & Paper 100 73/2 Woolw'th(FW)_100 1135% 1143-4. Ne y Haven Wat 50 d 84 86 Riker & Hegeman Preferred_ _ _ _100 285% 28% Preferred__ __100 1233/2 124 NT .1 Zinc _ __100 b 285 290 (Corp for stk of)5 d 55% 55% Union Carbide 100 1645% 165 Worthington Ne v Or! Brew __100 Royal Bak Pow 100 140 150 Uri Dalry(St L) 100 (H R) prof.... _100 97 102 'referred_ _ _ _100 50 Preferred_ _100 101 102 Union Ferry (NY Yale & Towne_ _100 195 205 ( Air Brake..100 139 140 Rub Goods NI--pf100 103 110 & Brooklyn)_100 39 41 Yoeng Cr SI Co_100 155 170 Preferred 105 112 , -4 a Purchaser also pays serrued dIvilen 1. h Now stwk Price per share, not per cent. k Last sale. n Nominal. 8 Sale price. t Ex-stock di•. z y Ex-right.. u Ex east) and stock divilond. STATE AND MUNICIPAL BONDS. It Is not the custom in quoting municipal bonds to include accrued 11VA-it'd-a in csit pr,,Je •.;'; Ytiu_ Reuse this accrued interest must in all cases be added on. There are a very few instances which form exceptions to the rule-that is, where the prices givIri are Pas prices, the accrued interest having been taken into account in snaking them. These are indicated by a special mark, thus (f). The fi.fures in the column "to net" indicate the basis on which the securities sell or the interest rate which the securities, if hold to maturity will net to the purchaser at the present market price.

To To To Bonds Bid Ask Net Bonds Hid Ask Net Bonds Bid Ask Net _ - - ALABAMA Phoenix 4%8 1950 op'30_J&J _ _ Los Ang Co 4 %s'16-49 PA k 4.35. 4s renewal CI C 1956. __J&J 99% 101 5s School Mar 1933 1015% Oakland -55%. 1916 '43E&A 1.40 4s Currency fund'g 1020_J&J 97 100 5s Jan 1 1934 op 1934_J&J 4.65 4341 Muss Imp 1916 43FitA 4.40 35%s renewal Jan 1956 _J&J 83 86 Prescott-5s 1948_ 106% 108% 4%3 Jan 15 1916'47 JAI 4.40 sirrningham 6s ref '23_ FAA b 4.854.75% Tucson-5s Water 1950 JA.T 41/2s Sch Ac Jne'16-'51JA 4.40 Se ImprovSep15 1921_ M&S b 4.854.75% 45%sW W Mch10'38M&SIO 100 101 Oakland S D 4s '16-'44_J&J 4.40 Se School 1924_ JA.T b 4.854.75% ARKANSAS Orange Co 5s '16-'45 M&S 4.40. 5s Sewer 1938._ _ ._J&J b 4.85 4.7570 Ft Smith-5s 1926... ..A&O b55%70 Pasadena-4s.lan'16-'42 J&J 4.50 5s Pond Sop 30'41_ M&S30 b 4.85 4.75% 5s W W 1918-1926__MAN b5(% 5/ 45%s Wat-Pl't '17-'36 A&O 4.50 Jefferson Co-Os 1921__A&O b 4.80 4.70% St Francis Levee Dist- Pasad S D 4%s'16 '22 Seo15 4.50 Dec 11917._JA D b 4.80 4.70% 6s Oct 1 1943 opt '33_J&J b 6% 534% Redlands-5s '22- 51 _J&J 4.50 Ss July 15 1920._ J&J b 4.80 4.70% 6s 1947 opt 1937_____J&J b 6% 5 (7 Riverside 5s 1916 '53 _JAD 4.50 4 8 July 1 1931 . J&J 5%s 1945-1964_ &la b 6%, Riverside Co 5s '25-'54 MAN 4.40 45%s Hospital 1963_ __JA.1 ___ 5s 1949 opt 1929 b 6% 534% Sacrarn-nto Is Tan 16 '15 op _ _ 4.40 Mobile-5s Sewer 1942MA N b 4.80 43isunCALIFORNIA 1 Sacram'to Co 4 %s'17-46J Az D b 4.604.40% _ 5s School 1943 _ _JAI) b 5% 4.80% bldgJan5'21-65J&J h 4.30 4.20% 434s Sew & Dr 27-'34_J&J b 4.604.40% 45%s Refunding 1937. A&O b 5% 4.80% _ __I 4s sitar) imp 1985 OP .5u J&.I b 4.30 4.20Y San Diego So WW.16-'54Ak0 4:66 45%s Wat & Sew '39 _J&J, 570 4.80% 4s Highw July 3 1944_ _J&J3 b 4.30 4.20% 45%s 1916 1941____J&J 4.60 Mobile Co 5s ref 1928 M&S 5% 4.8070 ___' 4s Highw July 3 1904 b 4.20 4.15% 41/29 Wh & [Tar '16-'52 J&J 4 60 5s Ref 1931_ __ _J&D b 57 4.80% 4s Highw July 3 1957._ J&J b 4.20 4.15% 4T5o San Francisco 5s g'16 '55J&J 4.50 5s Road Feb 1932_ __FAA b 4.80% Alameda-48 16 to 41 JAI) 58 Munic. 1917-1960 J&J 4.50 4s C & Jail 1926 __J&J b 5 0 4.80% 45%s Mon Imp '16 '48 A&O 4 50 5s 1916-1939 MAN 4.50 Montgomery-6s 1924_ _J&J b 4.85 4.75% Bakersfield 5s •16-'52_A&O 4.70 434s April 1922 A&O 4.50 6s May 1 1918. _ ___J&J b 4.85 4.757 Berkley 5s 1942-1951 _ _J&J 4.50 35%, g lily 1 1916-'44 J&J 4.50 Se Street Pay 1923._ J&J b 4.85 4.75 5s School 1916-1955_ 4.50 San Joaquin Co 5s'16 '49.T&I 4.40 5s Funding 1040_ b 4.85 4.75 0 Los Ang-45%s 16 to '35JA.I 4 40 San Mateo Co 5s '17-42 J&J 4.40 “is Water 1928 _ b 4.854.75% 45%s OR Dec31 '15-'37J&D 4.40 Santa Barbara-5s gold Sch 45%s Sch WW&Sew'44 J&J b 4.854.75% 45%s Elarb imp '10'51 J&D . 4.40, 1916 to 1941______Jan 10 4.69 Montgoney Co-58 '35.. A&O b 4.854.75% 4%s Elec plant '17-'51JAD 4.40 45%s g Aug 1943 _ FAA 4.60 Selma-58 '27 op '10 MAN 99 100 45/2s Aug 1 1923-1942_F&A b 4.35 4.30% _ Stockton S 050 ,18 '21_.T&J 4.40 ARIZONA 48 W ann 1916 to '45 MAN 4.40, CANADA-See page 50. 45%s ref Apr 1938op'28J&J15 4s g 1916 to 1930_ _J&J 4.40, COLORADO Maricops County Q B No 1 384s Water '16 to '41. A&0 _____4.40 Is 1922 opt 1412 98 100 NI•vr Info to 1044 t-r) 4.40 5. 3,Ant 1 MR MkS 100 101 b Basis. j ties price. n Nominal. Sale price. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis 511 MUNICIPAL BONDS. [VOL. 101.

To To To Bonds. Bsd. Ask. Net. Bonds. Bid. Ask. Net. BONDS Bid Ask. No'. Canon C'y 5s '31 op '21M&N 99 101 ffawaii, Territory of- GEORGIA ColoratioSpgs 4s'29op' 14 M& S 96 98 •• _ 1348 Imp '20 op 1910_ _J&J 99% ------43/2s ref 1916 M.1 4 Delta Co 5s ref'30 op'20 J&D 99 101 4s Imp '41 op '31____F&A 99 ----- 434s 1922 4 Denver 5s Oct 1919_ _ __A&O 100 102 45 Inapt Sep3'42op'32M&S 99 ------43/2s ref 1935-1945 4 5s Aug 15 1928__F&A 15 4.25 43:s Iimp19'2251 ooppt191191_LJ:21;c 9786: 4s July 1 1926 M.1 100 Garfield Co- Japanese Government- 334s Jan 1917-1935 J&I b 4.05 4.00% 5s refdg May 1933 op '23_ 101 102 4%s £ '25 op '10__F&A 15 c 82 82% Albany-5s 1945 MD 4.60 Grand Jet 5s '26 op '21_J&J 99 100 Athens-5s 1922 M&N 4.60 Gunnison Co 4s'19op'09A&O 83 86 series) ------Atlanta- Lake Co,4sN0v'210p'11A&O 80 85 43 £ '54 op '10_J30 & D 31 8/ 69 434s R.edemp 1916___J&J b 4.30 4.20% Las Animas Co 4%s 1931 J&J 97 99 ls .£ Jan '31 opt after 1921 c 69 434s 1922 J&J b 4.30 4'20% Ouray Co--45'21 op '11 F&A 35 90 Neth'd Gov 5s '18-'30_ _F&A 43.6s Jan 1 1940 J&J b 4.30 4 20% Pueblo 6s Sept 1 1921_M&S b 4.604.50% Norway 6s Oct 15'16.A&015 100 101 436s Sewer '16-'40 J&J b 4.30 4 20% 58 1918 op 1913 J&D b 4.60 4.50% 6s Oct 15 1917____A&015 100 101 4s Water May 31 '23_ _J&J b 4.30 4 20% PuebloCo43/2sref'310p'21J&J b 4.60 4.50% Philippine Islands- 3349 July 1 '31 & '33 _J&J b 4.31)4 20% Pueblo Co S D No 20 43,6s 45 g I, Fur '34 op '14__Q-F 100 Augusta-5s 1921 M&N b 4.40 4. 30% 1932 M&S b 4.60 4.50% 4s P Wks & Imp 1.935_Q-M 434s Red May 1 '24_M&N b 4.40 4. 30% RioGrandeCo5s'19op'09F&A 98 100 4s Impt 1936 op 1916_ F&A 4348 Flood Prot '42_M&N b 4.40 4. 30% Trinidad 5s '32 op '22 _A&O 100 101 Manila RR (South Lines) 45 refunding 1934 b 4.40 4.30% CONNECTICUT 1st g 4s '39 gu opM&N 330 April 1930 A&O b 4.40 4.30% 4s July 1 1936_____J&J 103 Philippine Railway- Brunswick-5s Jan '21__J&J 93 101 Ansonia 4349 1916-44 A&O b 4.35 4.30% 1st g 4s '37 s f op gu_J&J 65 Chatham Co-5s '16-'19 J&J 4.40 Bridgeport-4%s CIP18J&J 100% _ Porto Rico-4s 1916-'33 J&J 9936 199,,, Clarke Co 5s 1923-'41_ _J&J b 4.60 4 40% 430 Bridge '16-'65___J&J b 4.304.15% 4s Jan 1 1937 opt '22__J&J 99% Amu Columbus 5s 1916-'22-L1c 1 b 4.55 4.40% 4%s School 1916-35_ F&A b 4%3.90% 4s Jan 1 1944-1950 ___J&J 5s W W 1916-1944___Mj b 4.55 4 40% 4s Corp July 1919____J&J 98 4s g 1919-1956 J&J Ln 01% 434s Refunding 1939J& 100 102 Bristol-4s Funding '27_J&J 97 Russian 4s of 1902 opt Q-M Macon-5s July 1923_Q-J b 4.40 4.30% Danbury-4s 1920 M.1 9834 Wladikawkas 45 Jan 13 '57 43-/2s Oct 1926 I 4.40 4.30% 33/2s Oct 1941 A&O 88 optional 1916 ------434s W W 1916-'36 J&J b 4.40 4.30% E Hartford-48'240p04A&O 98 Swedsh 4-33-6s 1920___jttFiriA4 94: 4s Pay & Sew'20to'39_J& b 4.40 4.30% 4s Funding '39 op '29.A&O 96 6% Treas notes 1916_J&D 100 101 Rome 434s 1926______J&.1 b 4.70 4.55% E Hart! Fire D 4s 1931 A&O 4s optional .1,6.1) 9.81/2Switzerland 4s Munic bldg '25-'39 A&O 4.70 4.55% Fairfield Co 43/2s C H '45J&J b 4.20 43/2% 5% notes 1916 Mtm0sS 99% 1 0''; Savannah-434s ref '43_..J&J 4.35 4.20% Greenwich 43i9 '16-'24 _J&J b 4.304.20% 5% notes 1918 4369 Drainage 1911 _F&A b 4.35 4.20% Greenwich (Borough)- 5% notes 1920 M&S 9634 97 434s refunding 1959F&A 1 4.35 4.20% 43/23 Funding 1916-38 J&D b43/2% 4.05% United States of Mexico- Valdosta 5s 1916-'42___ _Jan b 4.70 4.60% Hartford-4s 1918 J&J 99 58 g Refunding '44_ Q-.Tan c 79 4s g Water 1918 J&J 993 4s g 1954 J&D 85 IDAHO 33is g June 1 1955___J&D 104 FOREIGN CITIES, 6cc. 4345 May 1 '31 op'21_J& Hart! S D-48 Ars'l '17 MD 96 ------Amsterdam 45 1900-'01_A&O 4%s Highway '35 op '25J&J 14.20 48 2d North '24 op '04_J&J 91 ------48 1004 .J3c.1 4s Jan 1 1934 op 1924_ __J&J 95%, 97 33is South 1931__M&N 85 ------Copenhagen 4s of 1901 M&N Bannock Co-Os 1916___MI 33/2s South 1955 M&S 99 33-6s M.' Blaine Co 5s Feb122-'31_J&J Meriden 4s 1916-1918__J&J 99 Havana-lst 6s 1939___Q-J 1033/3 107 Boise City 5s '22 op '12_J&J 4.76 Meriden (Town)- 2d Os 1912--JQ 102% 106 BoiseC'y8D5s'25op'15M&N 4.70 33.68 1917 to 1924 M&N b 4.35 4.25% Tokyo, City of, 5s of Shoshone County- Middletown-48 1922...J&J 98 Red ann s f beg '16-'52M&S 7936 5s 1916 to 1924 op '15_M.1 3%s 1921 J&J 95 CANADA New Britain 4s July1 27F&A 97 ------Dominion of Canada- ILLINOIS 33/2s Sewer 1924 J&J 95 5% notes Aug 1 1916_ F&A 100% 100% Chicago 4s 1916 to 1924 M.1 4 New Britain (Town)- 5% notes Aug 11917.. F&A 10034, 100% 4s World's Fair 1921.J&! 4 33-68 Sch 1929 op '09_F&A 92 Alberta, Province of- 4s 100 g 1916-1925 J&1 4 New Haven-48 1916-'19.I&J 99 5% deb May 11025.. M&N 933/2 95 45 g Judg 1916 to '24_ _J& 4 4s Sewer 1916-1925_ _A&O 99 100 434% s f deb 1924_ _ F&A 90 93 48 g Gen Corp '16-'25-I& I 4 334s Oct 1916-1924__A&O 99 100 Calgary 5s 1933 J&J 88 02 4s 1916-1931 J&J --9934 -100-- 4s Town 1939 J&J 983/2 6% notesMar 15'18 M&S15 933/2 100% So Park 43 '16 to '24_J&I) 4:16 33.6s Town 1916-1929_J&J 953 Galt 434s Apr 18 '31_ A&018 Lincoln Park 48 1923.._J& 4.10 J&D 98 • 991,./2 434s New London 4s Sch '27 ElPow J'ne 5'31J&D5 6 No W Pk 43-/2s '20-34 J&J -9934 093/2 33/2s Water 1926 J&J b 4% 434% Guelph-5s £ 1917__J&D 31 6 W Chic Pk 45 '16-'31 _J&J 14:io Norwalk-4%s Jan 15 '54 J&J 99% ______5s Cons debt 1020..... J&J 6 Chicago Sanitary District- 48 g May 1035 J&J 9634 Halifax N S 4sJuly 1945 5.30 4s Dec 1 1916 to 1923_J&D 4.10 334s (Town) 1918.... A&O 97 Hamilton 4s 1922 A&O 5.30 4s Sept 1916-1931___M&S 99% 33/28 Water •29 op '19_J&J 92 48 Apr 1 1932 A&O 5.30 334s June 30 1918____J&D _ 4.10 Norwich-4348 Mar 2 1939 _ 102 _ 165 4s Elec L & P 1941 __A&O 5.30 Cook Co-4s 1916-'25_M&S 4 4s 1930 M&S 963/2 Lachine P Q 5s 1954_ _ _J&D 594 4s Ser K 1916-1931 _MD 4 Town 33/2s 1925 J&J 93 Manitoba 5s 1920 F&A 96 93 4s Ser M 1916-1933 _MD 4s 4 Orange-4s u Fund '25_ _J&J 97 gold 1930 M&N 33/2s g 1916 to 1923 J&J 4 South Norwalk 4348'42M&N 99 4s Drainage July 1 '29_J&J $45 East St Louis- 1942 M&N 96 97 Maisonneuve,Q,6s191S_J &J 98 Stamford 48 Park 99% __ 430 ref Sept 1 '28__.Sept b4 3/2% 4.40% 43/2s School 1916-1945.J&J 4115 Montreal 5% notes '17..f&D 9934 99% Moline 436s 1917-'32 M.1 b 4.254.15% 4.20 Waterbury434sSch'16-21J&J 5% notes 1918 M&N 98% 99% - - _ Peoria 43.6s '16224___June 1 b 4.25 4.10% 434s Water 1916-11 _J&J b 4.25 4.15% 43.4s May 1954 5.30 Quincy-434s 1916-'17_July 4.20 4349 School 1922-1953 J&J b 4.25 4 15% 436s Jan 1944 J&J 5.30 4s ref 1916 to 1917_ July 1 4.20 4s Water 1920-'49 b 4.25 4.15% 4s 1925 M&N ..,._ 5.30 Rock Island 5s 1915-1923_ _ 4.25 48 Park 1916-1958____J&J 1 b 4.25 4.15% 48 reg May 1927 M&N 5.30 430 Refg 1916 & 1917M&q 4.25 334s School 1916-'32 _ _J&J b 4.25 4.15% 4s May 1 1933 £____M&N 5.30 Springfield 334s ref '20.Sept 4.20 West Hartf'd 4365, '43 J&D 4.20 4s May 1 1944 M&N 5.30 Willimantic-49 1924__A&O 973/2 330 Rfg May 1939M&N 5.30 INDIANA (see foot-note n) Windham-4%5 1944___J&J 103 New Brunswick, Prov of- oBooneCo4sCII'16-'20 M&N o 97% - --- DELAWARE 33/25 Jan 1933 J&J 55/2 Cass County- 4s June! 1932 b4.15 4.05% _-_ 4s April 16 1921__A&O1.6j 5 045 Bridge 1916-33M&N15 oh 4% 4 40% 3s Dee 1 1927 op'02 J&D b4.154.053 48 July 3 1930 Mr.) 5 oCrawfordsv 4s '16-'20J&J oh 4% 5;---- NewCastleCo43,68'26-34J&D 4.40 4s 1932 op 1902 J&J 534 oEvansville-4s Ref '32_J&J 3:ig 48 Ref Dec '16 to '24_ J&D 4.40 4s 1932 op 1902 F&A 15 53/2 o45 Ref 1942 3.85 3368 1916 to 1920_ _ _J&J 4.40 North Vancouver, B C- oEvansySCy33.6s'16 '17,i1j INJ 3.35 434% 1960 J&J Wilmington-43/28 '22_A&O b4.20 5s Jan 17 634 °Floyd Co 4s 1916-'30__J&I• ------7 Nova Scotia, Province of- 98% 43/2 St & Sew 1934A&O b4.20 434 FtWay-o336sJan 18'20 J&' o 98% ------43/23 1928-1937 A&O b4.20 434% 48 July 1 1919 J&.1 594 oFt Wayne S 4s'16-'23A&O 0100 43/2s Bldg-Con '53-62 M&S b4.20 434% 4s Jan 1 1920 J&J 534 °Franklin Co 4s '16-'30_J&D oh 4.15 3.90% 4s St & Sew Apr 1925 A&O b4.20 434% 48 May 1 1920___M&N .__. 53/2 °Hendricks Co- DIST OF COLUMBIA Ontario, Prov of, 5s '20_ F&A b53/2% 5%% __ 4s C It Jan15'23-'32 J&J 13 h 4% 3.607 3.65s Fund cur 1924 F&A 103 4%s May 1925 M&N,b5% 5 Vi% oHmmnt'tonCo3'/2s'16-'24J&. ob _ _ _ _ 4e, FLOR IDA 4s 1911 NI& N b534 _0 5X% Indlanap-4s Mar 1 '24_J&. ,4:i6 Duval Co53./20'32 op'12M&N 993/2 100 33.6s 1936 (tax-exem) M.1 653'6%2 48 Park Imp Jan 1 '27_ J&. 410 5s Road 1939 J&D 1033/2 106 Ottawa City- 045 Fire Dept J'ne 1 '41J&. 3.80 5s Armory 1944 J&J 104 106 5s 1916-1945 J&J 5.30 o3l4s Hospital 1936___J&. 3.80 Hernando Co Fund 5s 1944.. 97 100 434s '25, '34, '35, '44_J&J 5.30 o33•O City Hall 1939J&. 3.80 Jacksonv 55 May15'24 M&N 104 105 33.6s Sew Sep 26 '28- M&S 5.30 °Indianan S D 4s '16-'26 M. 4 58 improv t Jan 1 '36_J&J 10734 1083/2 Quebec, Province of- 045 ilidg Sept 1 1946__M. 4 43/2s Imp Nov 1936__M&N 101%3 10294 5s Apr 1 1920 A&O 933/2 9936 o:34s July 1 1941 J&. 4 436s Feb 1937 F&A 101%!3 10294 Quebec City 5s April 192.J0,0_ 98% 99% Jeffersonville- Key West 55 1942 J&J 983/21 100 43-68 1922 534 Refund 1925_ __ M.1c N Miami 5s 1919-1944 MJ b534 5% 334s g July 1930 M.1 534 °Knox Co-4s 1916-'20-IAD 0 4 Orange Co 5s 1944 J&J 97. 100 33-6s July 1 1931 J&J 53/2 ('Kokomo4s'16-21-26-31M&.8 4 Pensacola 434s ref 1941 A&O 93 95 3348 Jan 1 1931 53,4 o Lafayette 4 %s'20op'15i& I) 0 4 Tampa 5s Jun '55 op '25.J&J 101 102 331s July 1 1933 :11&..1 oLa Porte Co 5s'16-'28_J&I ) 0 4 5s Mun imp '62 op'32M D 1013/2 103 Regina 5s 1929 J&J 6 oLoganspt 33s'26op'16 J&; 4 FOREIGN GOVTS 6s May 1 1918 M&N 100 04%s Sch I '17-'37J&D 1. 0 4 Anglo-French ext 5s St Boniface,Man,59 '31 J&,,,J 2 6-- Marion Co-48 Ref '27 MD 4% Oct 15 1920 w 1__A&015 973/2 973/i Saskatchewan, Prov of- 03348 Bridge 1924 J&J 3.90 Argentine Republic- 5% gold deb Feb 1918_111 bbh555hi4 979' 534 03%s Refund 1925___J&I) 3.90 Internal g 5s of '09 s f M&S 92%3 Toronto 434s 1923 5 - - - oRichmond-4s 1927__ oh...... 4137 6% notes- 43-65 July 1 1924 53/210 oRichmn Sch C 4s '16-'19 Kt A ob _ _ 44, Ser A Dec 15 '15_J&D15 101% 101% 4%s July 1 1925 oSt Jos Co 314s '22-'24_ A&O oh__. 4% Ser B Dec 15 '16..J& D15 10134 1013 436s July 1 1948 J&J b534V 5N o o:336s 1916-1926_ _ F& oh.. 464 Ser C Dec 15 '17 MD15 1003/21 1013/2 4%s Jan 1 1949 J&J b534% 5344ch South Bend-c-is 1925 _J&J oh _ _ 4% 6% Treas bds May 15 1920 10034 101 43-6s July 1 1953 J&J b53-/2 5NY53/2 0334s Nov 1 1918__M&N oh _ . 4% bb British-Cons2%s op'23Q-J 57 4%s Jan 1 1955 b55:%!?6 South Bend School District Chinese Government 5s A&O 4s St Imp July 1922JJ&J.1 b,,,5 ki ,_,,, 2r434,az, o4s Apr 17 '18-'27 __F&A oh __ 1137 Flukuang Rys 5s £ J&D 15 74%3 4s £ July 1 1948 Terre Haute-Os '16-'18 J& 414% Cuban 5s 1944 op 1911 M&S 963/2 983/2 4s July 1 1918 o Is Oct 1 '27 opt '17_A&O ob 3.90% "Internal" 5s Nov 28 1913 330 July 1 1944-'45 M.1 b5A% 59/2'/0 _ o4s Sewer 1930 oh - _ 3.90% optional_ MAL N 28 8734 91 Vancouver, B C- oTerre II SchC48'16231MFISA oh _ _ _ 3.90% "Ext'l" g43/28'49 opt F&A 84 863/ 43/2s Nov 30 1924___M&N 90 93 _ oVigoCo43/2Dec16'15-27J& D oh. _ _ _ 17 "Ext'l" g 5s 1949_ F&A 9634 963' 4s St Imp Sept 9'22_M&S9 6-- 048 Bridge 1923 J&J oh , Dominican Republic- 4s St Imp Sept 9'27_M&S9 6 INDIAN TERRITORYE (Seee Oklah omal Cust's adm s f 5s'58_F&A 85 91 4s St Imp Sept 9'32M &S9 , IOWA French 5s Apr 1 1916_ A&O 99'%1 993/2 VictoriaBC43/2sJan21'24J&J 6 1Boone 43/35 1917231__M&N 4.40 German-334s opt_ A&O Winnipeg, Man 5s 1914.A&O 534 4.30 N w 48 irr be? Aii 1 '13A&O 4s June 1 1934 5 BngCedar ltoanp 44Ts'466--' '3138M-4JDNJ 4.30 5% treas notes Jan 1 1916 1, 4s Aug 1 1946____F&A 15 ------53,l 4s 1916 to 1919 4.30 I Basis. c On basis of $5 to the L. d On the basis of 4 marks to the dollar .1 Flat price Ii On the basis of 84.8623 to the £ lID London' n Nominal. 0 Tax-exempt; under a law approved March 9 1903 and which went Into effect April 23 1903 bonds issued after that date by State' Digitized for orFRASER municipal corporations are tax-exempt. and these sell on a hitter basis. a Sala price. http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis DEC., 1915.] MUNICIPAL BONDS. 51 To To To Bonds Bid. Ask. Net Bonds Bid. Ask. Net. Bonds Bid. Ask. Not. Cedar Rapids School Dist- Orleans Dist- Gardner- 4%s June 1 1921____J&D 4.20 5s July 1959 opt 1929_J&J 104% 108 4s Water 1916-1934_M&N b 4.20 4.10% Council Bluffs- Plaquemine Parish E Bank- Gloucester- 4%s Wat-wks '16-'30M&N b4.40 4.20% 5s Oct 1952 opt 1942_A&O 98 ------34s Water '16 to'31_A&O b 4.20 4.10% 43s Fire Eng H'se '20 J&J 64.40 4.20% Pontchartrain District- Haverhill-4s 1927_ ._J&D 98 ------Council Bluffs School Dist- D Os 1944 M&N 110 ------Holyoke-4s g 1927____J&J 98 4s ref July 2'20 op '15 J&J 64.40 4.20% ___ Red River A & B B Dist- 35%s Dec 1916-l932J&Db 4.20 Davenport 45 1916-'29.M&N 64.40 4.20% ___ 5s 1950 Series B__-__A&O 103 ------Lawrence 4s 1924 J&J 98 DavenportSD4 %s1921. J&D 64.40 4.20% ___ 5s Mch 1953 op '43_ _M&S 103 ------45 Mch 1 1916-22___M&S 984 ------4%s Sch Bldg 1925J&J 64.40 4. 20% Leominster-4s g 1926_A&O 98 ------Dee Moines 5s 1 5-'21 b4.30 4.10% MAINE Lowell-4s Water 1920.M&N 99 ------43-is 1916-1931 M&N b4.30 4.10% 5s June 1 1919 J&D 104 Lynn-4s July 1927__ J&J 98 ------48 Funding 1916_ M&N b4.30 4.10% 4s July 1 1917 J&J 100% 35%s April 1 1932____A&O 92 ------4s City Hall t916-26 .J&J b4.30 4.10% 4s Sept 1 1916-1953___M&S b3.90 3.75% Malden-4s 1924 M&N 98 Des M Ind S D 448'32_J&J 4.30 Auburn-34s 1925 J&J 95 90 3%s Water July 1 '24_J&J 94 ------Dubuque Co 4%s '21-'31J&J b4.40 4.20% 4s 1935 & 1940 b4% 3.85% Marlborough-4sny'26.J&J 98 Fremont Co 55 '17-'35__J&J 4.20 Augusta- Medford-4s 1917_ _ _ _ MdzN 993-( -- 655% Greene Co 5s 1920-25__A&O 4.20 4s Ref 1916 to 1919_ _F&A 99% ------4s Feb 1930 F&A 98 Jackson Co 5s 1916-30_A&O 64.60 4.40% Bangor-4sRef Water'35J&J 99 ------Melrose-4s June 1924_J&D 98 Marshalltown Ind S D- Bath 4s Ref 1941 J&D 98% Methuen-4s 1928 F&A 97 4%s July 1922 J&J 4.20 Belfast-4s 1918 F&A 99 Middlesex County- O'Brien Co 5s 1920-25_ F&A 4.30 Biddeford 4s '16-'35___M&N b 4% b3.85 4s 1916 to 1924 J&Db45%% 4.05% Polk Co 44s '22-'32A&015 4.30 Cumberland Co 3%s J'ne '21 97% ------Milton-334s'16.to '32_F&A 64.20 4.10% 48 Court House'16-'24A&O 4.30 Gardiner Water District- New Bedford- 33.s Ct House'16-'17.A&O 4.30 4s Jan 1934 J&J 96 434s 1917 A&O 10034 Sioux Cy-58'17 op'15.M&N 4.30 Kennebec Water District- 4s Water Apr 1 1926 Adr0 98 4s Jan 1919 opt 1914_J&J 4.30 34s g 1920 dr 1925 _M&N b4%%4%% 4s Sewer 1916-41 (tax Waterloo- Kittery Water District- exempt) MArti b 3.90 3.75% 4%s W W Jan 15 '30 .I&J 4.20 5s Jan 1916 to 1938 J&J 100 ------35%s 1923 F&A 9434 Woodbury Co 5s '25-'32.J&J 4.20 Lewiston-5s 1917__. A&O 101% ------Newburyport- 4s g Oct 1927 A&O 99 35%s Water '16 to '34.J&Db 4.20 4.10% KANSAS Portland- Newton- Atchison Co 55 ref 1916_J&J 4s Aug 1 1929 F&A 99 4s Water Aug 1935 F&A 99 4s Refund '29 op'14J&J • 4sCity Flail 1926 to'45A&O 98% ------35%s Water Dec 1926.J&D 935% Emporia- 3%s g Ref July 1922__J& 95% ------Northampton- 4%,s Dec '29 op '19__F&A Portland Bridge District- 35%s g 1916 to 1926__J&J 4.20% 4.10% EmporiaSD4%s'32op'22J&J 34s July '16 to '39 M&S b 4.15 4% Pittsfield- Ft Scott 4%s'35 op '10_ M&S Portland Water District- 4s Sch May15'16to'17M&N b 4.204.1007 Hutchinson-5s 1931 Adria 48 Funding 1928 J&D 99 100 Quincy 48 Si) 3 '16-'22M&Sb 4.20 4.10% 43.s Pub Bldg'61op'31J&J Rockland-33s 1917 F&A 98 35%s April 16 to '39 _A&O b 4.204.10% Kansas City- Saco 4s Apr 1939 Adr0 b4%%-4715%, Salem-48 1916 to 1920.J&D 985% 5s Jan 1 1917 F&A 54.30 4.2007 Washington County- 4s Jan 1 1932-1954 6 3.90 3.80% 44s Wat&EIL '18-22 A&O 64.30 4.20% 45 1928 opt 1923 J&J 99 Somerville- 4%s Sch Bldg 1929_ _ _J&J b4.30 4.20% Waterville-4s g July 1 1927 99 ------45 July 1916 to 1919__J&J 985% ------43s Wat Plant Pur'39J&J' b4.30 4.2007 3%s Sept 1935 M&S 90 Springfield- 43s Refg Feb 1 '29 F&A b4.30 4.20% 4s g School Jan 1917_ _Jdr,J 995% ------Leavenw.-4 4s '16221_J&J b4.30 4.20% MARYLAND 35%s g 1916 to 1918___J&J 985% Morris Co 4%s3 '16-'23__J&J 48 1926 to 1928 100% 100/à 5 35%s School 1925____. J&J 95i1 -- Sedgwick County- 4s 1928 opt 1923 J&J 100% 100% 3s Sewer 1930 J&D 885% 895% 5s Fund 1925 op 1915_J&J 4s Jan 1 1929 J&J 100% 100% Taunton-4s 1927 JhrD 98 43sB'ge Oct'27op'17_J&J 48 1917-1929 F&A 100% 100% 34s Sewer Dec 1 '30.J&D 914 Shawnee Co-48 1924M&N 4s Roads 1918-1930_ F&A 100% 100% Wakefield- Topeka- 34s July 1919 opt 1914_J&J b 4.15 4% 4s Water 1916-1933._A&O 98 Se Top Wat Sept '26__J&J 4.25 34s Roads 1923 to1928 _ b 4.15 4% Waltham- 4s Flee Light 1929_J&J 4.25 Annapolis 4%s W W '42A&O 34s July 1920 J&J 96 40 Water April 1 '24_A&O 4.25 Baltimore- Watertown-4s '16-'34_J&J 98 33s Refund 1919____J&J 4.25 4%s Mar 1 1916-55_ M&S b 4.204.10% 34s 1916 to 1929._ J&.Jb 4.20 Topeka School District- 44s Mar 1 1955 M&S b 4.204.10% Winchester- Jan 1925 J&J 4.25 4s Nov 1 1920 M&N 97% 98% 4s SewerDec 1 '18-'24.J&D 984 Wichita- 4s Water 1926 M&N 97% 98% Worcester 4s 1922 Adr0 993-4 5s 1929 opt 1919 J&J 4.25 4s Aug 1 1951 F&A 97% 98 48 Jan '23 (tax exmt) J&J b3%% 4%s 1923 A&O 4s Annex 1954 J&D 97% 98 33-4s Apr 1 1022 Adr0 96 Wichita School District- 4s Parks 1955 M&N 97% 984 MEXICO 45-6s July 1 1923 J&J 4s Mch 1 1961 M&S 97% 98% See Foreign Gov'ts page 5' Wyandotte County- 4s Aug 1 1961 F&A 97% 98% 43s Bridge '32 to '41 F&A b434% 3%s July 1 1930 J&J 91% 92% MICHIGAN (See foot note(o) 3%s Imp 1940 J&J 89 90 Alger Co-5s Road '22_ F&A KENTUCKY 34s March 1945____M&S 89 90 Ann Arbor School District- Covington- 34s Refunding 1952 J&J 89 90 48 Sept 1916 & 1935_A&O 4s Redemption 1922_F&A 96 98 33 Sew'age Imp '80_A&O 85 86 Battle Creek- 4s Water 1927 J&J 96 98 3%s Jan 1 1927 82 84 5s Water 1916 to'17M&' 4.20 4s Fundg 1952 op '42_F&A 95 97 Cumberland 44WW'41A&O 4s City Hall 1927-'36_ F&A 4.20 Fayette County- 4s Water 1923 F&A Bay City- 4%s g Fund '16 to '24_J&J Frederick- 58 1920 M&S Frankfort- 4s 1918 opt 1903 J&J 4s 1934 J&J 4%s 1927 opt 1917___J&J 4.40 oBay Co-5s Dec 12'19.J&[) Franklin County- MASSACHUSETTS o45 Ref Dec 15 '23___J&D Se 1916 to 1924 Jdc.) 48 1915-52 (tax exempt)Var. b 3.90 % Detroit- Lexington- 33-is g Oct 1918 J&J 98 4s Sewers Apr 1 '22._ Adz° b 4.10 4% & RR aid 1918 J&D 34s gold Nov 1923___M&N 95%---- o48 Marl 1944 M&S b 4.10 4% 4s Feb 1945 F&A 3%s g July 1 1935 J&J 91% 93 3.65s Pub Imp 1918 J&J b 4.10 4% Lexington S D 45 1938_J&D 34s Water 1942 92 92% 34s Park 1930 M&S b 4.10 4% Louisville- 34s g July 1944 M&S 89 90 oEscanaba 44s 1916-30 J&J 4%s Hospital 1951__M&S 1064 108 38 April 1 1929 Ada) 87% oFlint 43-4s '16-'39 F&A 4.20 43s School impt 1954A&O 106% 107% 3s g May 1929------M&N 87% ------Gladstone-44s 1919_ Mdr N 4s Mun Imp 1923.. .J&J 100 38 Met Sewerage 1936_M&S 834 ------Grand Rapids- 48 do Dec 1 '28__Q-M 100 38 g July 1 1939 J&J 83 45%s Flood Protec'33 M&S 4.15 40 Park 1930 J&J 100 as g Water Jan 1 1941 J&J 84 85 4s Market reg 1916__M&N 4.15 4s Ref'g July 1 1937 J&J 100 Arlington-4s Water '22.J&J 98% --- 4s Water Nov 15 '29_ M& N 4.15 48 Sewer 1947 F&A 100 Attleborough-4s 1924 'Ltd 98 --- Highland Park 58 1928 .J&J 33-is g Ref'g 1940 M&N 89 90 34s March 1935____M&S 90 --- .0448 Sept 15 1934_ _M&S 33s Refunding 1943_J&J 89 90 Beverly-4s Water '17_ F&A 99 --- Prollat,d-4s Ref 16-'23 Feb 38 ewer & Park 1941_J&J 82 ------4s Sewer l916-36 ..A&O 98 --- Kalamazoo-o 43-48 Sewer McCracken County- Boston- & Imp '16-'25 J&J 64.30 4.20% Se Ref 1933 op 1913_M&S --- 45 Water 1919 A&O 99% 100 Lansing-5s 1916 to '23.J&D 4:55 5s Ref 1933 op 1923_M&S 4s Park 1920 J&J 994 100 4s Water 1920 J&J 4.30 Clwensboro-4s'31 op'11 J&J 4s July 1936 J&J 99 100 Marquette-4s 1916_ __ Adr0 4s Street 1930 op '15_J&J 4s Apr'16 237(tax ex)Adr0 101 102% 34s Ref Water 1926_J&J Paducah- 4s 1916-1939 (tax-ex).J&J 101 102% Muskegon- 4%s 1918 op 1898____J&D 48 Tunnel & Sub '48_J&D 1004 101% 5s Water 1916-1925__J&J 4.25 40 Oct 1 1920 Adr0 45 Sub 1957 tax ex. A&O 101 102 45%s W W 1916-'44___J&J 4.25 4s Sub 1958 tax ex_.J&J 101 102 4s May 11034 M&N 4.25 LOUISIANA 4s Tun.&Sub'59 tax ex.J&J 101 102 Muskegon School District- els Port Commis'n'20-'54A&O b 4.6007 3%s Water Apr 1 '17_ A&O 99 994 5s 1942 July 4.25 Si Port Comulls'u '24-'59J&J 6 4. 60% 34s Imp Sew'age '19.J&J 98 98% Muskegon County- 5s Port Corn '23-'55___J&D b 4.60 34s June 1 1923 J&D 96 96% 43-4s Jan 1 1932 4.25 4%s Ref 1916-1964_ &A b 4.35 4.25 0 34s June 1 1924 J&D 95% 964 Port Huron-4s Ref'g 1919 4.40 Atchafalaya Levee Dist- 3%s June 1 1932 J&D 93 94 4s Jan 1 1932 J&J 4.40 5s Ref 1949 op 1939_M&S 100 ------33s June 1 1934 J&D 92% 93% 34s Park July 1 '20_ _J&J 4.40 Bossier District Levee- 3%s July 1 1935 Jded 92% 93% Saginaw- & 1922 opt 1912__M&N 100 ------34s June 1 1943____J&D 90% 91% 4%s Wat May 1 '25_ M&N 4.25 Caddo District Levee- 3%s June 1 1944____j&D 904 914 4s Sewer July 1918_ J&J 4.25 5s 1951 op 1941 J&J 100 3%s July 1 1945 dr.) 90% 91% 34s Wat Mch 10'20.M&S 4.25 Fifth District Levee- 3s Jan 1 1921----- J&J 94% 95% Sault Ste Marie- 5s 1950 opt 1940 J&J 100 Brockton, 4s May 1927 M&N 98 ---- 5s Ref'g Apr 1 1917 _A&O 5s 1952 opt 1942 J&J 100 3%s Water 1932 __M&N 91 43-4s Bridge July 1 '20.J&J & Oct 15 1962 op '52 Adz° 101 ------Brookline- 4s gold July 1 1932___J&J Lafourche Basin Levee- 4s Water 1916 to 1923.J&J 99 ------Wyandotte-44s 1934.J&D 50 Jan 1954 opt 1944J&J 102 ------Cambridge- Lake Borgne Dist Levee- 4s Water Dec 1 1917_J&D 99% ------MINNESOTA Se Dec 1952 opt 1942_J&D 102 ------34s Water May '25_ M&N b4.15 4% Aitkeneo4 4sDec'16-'24Aug 4.40 New Orleans- 3s Bridge 1941 F&A 80% Beltrami CO 44s'16-'24.J&n 4.50 7s gGS &DS July'22.Q-J 105 ------Chelsea-4s Park 1936 A&O 97 ------53,4s Ditch 1923-34_J&D 5s Premium J&J f285% Everett-4s Sew 1929_M&S 97% Brainerd-5s Nov 1919-1929 50 Premium (dr num)_J&J f325 ------Fall River- Cass Co-5s Cl H'se'22A&O 4.40 48 Floating debt 1948A&O 85 ------48 Municipal, 1922 RitA 98% ------Clay Co-44s 1916____J&J 5 4.604.50% 48 Constitutional 1942.J&J 93% 94 34s Water Feb 1930_F&A 92 ------Duluth- 48 Public Impt 1950 opt Fitchburg- 58 g Water & Lt 1926_J&J b 4.40 4 30% 1942 (old les) J&J 89% 90 4s Reg April 1 1922 Adr0 98% ------45%s g July 1 1926___J&J b 4.40 4 30% 411 Pub Impt'42op'28...l&J 87% 90 33-is Water 1926 J&J 93 4s g Water & Lt '28A&Ob 4 40 4 30% 48 Water & Lt 1936A&Ob 4.40 4.30% --- b Basis. f Flat price. R Nominal. o Tax exempt; under a law approved May 13 1909. and which went into effect Sept. 1 1900 bonds Issued after that date by municipal corporations are tax-exempt and these, accordingly, sell on a better basis. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis 52 MUNICIPAL BONDS. [VOL. lot. To To To Bonds Bid. Ask. Net. Bonds. Bid. Ask. Net Bonds Bid, Ask. Net. Duluth Ind School Dist- NEBRASKA. Montclair 4345 Sch '41_Adr0 4.25 Se May 1 1923 MAN b4.50 4. 30% Dodge County- 434s H Sch Bldg '44_JAD 4.26 4%s Feb 1 '40 op '30_ F&A b4.50 4.30% ___ 45 Ref 1919 op 1909-MAS 4.70 33-4s School 1932 _J&J 4.25 48 1934 opt 1924 _A&O b4.50 4.30% ___ Douglas Co-4s'18-'28_A&O 434 Morris Co-4s'35 op '05 J&J 4.25 Hennepin County- 3348 1922 .J&J 434 43-4s 1942 opt 1922_ JA.1 4.25 4%5 Ct H Apr 1924_ Adr0 b4.20 4.10% ___ Fremont Prec't (Dodge Co) Morristown 434s '18-42.J&D b4.35 ----- Koochiching Co 5s'19-'33.W 4.90,1 48 Ref 1919 op 1909 MAS 45/i Newark-434s 1944,. F&A 53-s Ditch 1921-35_J&J ' Grand Isi 4%s'25 op '10.1k3 434 434s Dock 1959 FAA 434 Minneanolls Lincoln-43,8'16 to '19_F&A 4 4s Refunding 1923__MdrS 44 4%s3 Impt 1916-1935_J&J b4.25 4.15% 4 yoRef'2o to'290p'20F&A 4 45 Sch House 1959 op 1949 0.2s g July 4a2u_ .___J&J b4.25 4.15% 49 Ref 1919 op 1909_MAS 4% 4%3 Pass 1Va9291Sew'61op'51J&D ls School Jan 1927_ _J&J b4.25 4.15% Lincoln School District- JAD 434 45 May!, 1927 MAN 98% 993-a 45s 1924 opt 1909__MAN 434 3345 Truck Elev '54_FdrA 431 45 School Jan 1 1935_J&J b4.25 4.15% Omaha 43-3's 1916-21___Mch 4.30 Vallsburg 4348 1934._J&J 4s Improvem't 1937..J&J b4.25 4.15% 435 Renewal 1924___J&J 4.30 New Brunswick 4s '22_MAN 4.35 4s Improvem't 1942 _JAI) b4.25 4.15% 43s Mch 1 1932____MAS 4.30 North Bergen 5s 1941_ _J&D 4.60 48 1944 A&O b4.25 4.15% 43-i5 Refunding 1934 J&J 4.30 No Plainfield 58 1916-1954 _ _ b 4.50 4.40% 33s School Jan 1 '29_J&J b4.25 4.15 0 ___ 43-5 W W Dec 15 '41_J&J 102 10334 ___ Nutley 5s 1933 104%1 106 3%s Water-Wks '32_ _J&J b4.25 4.155 ___ 413 Funding 1918____MAS 4.30 Ocean City-58 1944._ jFIAD b4.85 4.80% Ramsey Co- Omaha S D 43-i8 1928.. J&J 4.40 Orange-Ss '23 to '32.., J&J ag 3%s May 6 1921__ __MAN 4.10 4%s July 1931 J&J 4.40 58 Water 1938 4.35 Red Lake Co-5tis'20_Adr0 4.10 4s Jan _JA.1 4.40 434s Sewer '16 to '21.AP&A0A 4.35 at Paul 4s Sept 1917 MAS b4.30 4.20% ___ So Omaha4%s1919-'24 op'0WAD 4.70 434s School 1943 _MD 4.35 4%s Water 1918 M&S b4.30 4.20% ___ SouthOmahaSD-581923J&Jb 4.85 4.70% ___ 48 Sch House 1934__JAD 4.35 4%s July 1935 _____ J&J 104% 1053- ___ 55 Dec 1929 JAcD b 4.85 4.70% _ Passaic 434s 1916-'40_MAS 4.30 4%s Park June 1 1943J&D b4.30 4.20% ___ NEVADA 434s Sch 1942 4.30 43'8 Sewer July 1 1943J&J b4.30 4.20% ___ Reno-5s 1924 op 1909_J&J 100 ----- 4'4s Ref 1944 Mi ANt 4.30 4sWater Aug 1 1943F&A b4.30 4.20% ___ WashoeCoSD 55'16to'29MAS 4:80 334s 1916 to 1020 FAA 4.30 45 Ref March 1 1939.M&8 b4.30 4.20 NEW HAMPSHIRE Passaic Co-4s '20-'24_ ..J&J 4.30 45 Sew'age July 1 '39_J&J b4.30 4.20% 33-is Hospital 1916-'25J&J 973. ----- Paterson-Ss 1916-'22_AA0 4.30 1940. M&8 b4.30 4.20 Berlin-4s Ref 1917___MAN 99 ----- 4 tis 1933 to 1944_ Mdr N 4.30 4s March 1 100 3%8 April 30 1922. _MAN b4.30 4.20 Concord-4s 1923 J&J ,flis Feb 1 1945_ _F&A 4.30 South St Paul 5%s ref'33 J&J 33.s 1924 to 1929 J&J 95 45 N C Hall 23 to '32 JA.1 4.30 I Dover 35.0 '28-'31 JAD b 4% 3:66-- Perth Amboy 454s Apr 1944 4.35 MISSISSIPPI 1 45 1916 J&J b 4 3.90 434s School 1938 4.35 4%8 1919-1934J&J b 4.40 4.30% I Keene-48 1916 to '17_A&O 0 3.90% Plainfield-Is '16 to '34 JAD 4.35 4s state Jan 1 1919_____Jan b 4.40 4. 30% Laconia-45 1924 A&O 100 ----- 48 School 1959 MAN 4.35 .43s Refund Jan 1 1927_J&J b 4.40 4.30% --_ Manchester-4s 1917_ __J&J 100 ----- Rahway-4s A(11'22 op MAN 95 96 3%s State 1934 op '14__ J&J b 4.40 4.30 ___ 3%5 Fund Apr 1 '19_A&O 973- Ramsey 55 water '21-'40_ 4.80 Greenville 65 1920 J 4.75 I Nashua-3s 1923 Adr0 93 Ridgewood 5s 1916-'26_ FAA 4.40 58 Refund Sept 1927_ MAS 4.75 Pembroke 4s '24-'34 F&A 3.90 Sea Isle City 5s 1943_ FAA 4.85 Jackson 5%s July 1 1933J&J b4.90 4.70% Portsmouth 45 g Sch '23_JAD 100 ----- So Orange-4s'16 to'44. J&J 4.40 5s Wat Aug 1 1928 __F&A 4.65 is Ref Water 1932. J&J 100 ----- Summit 434s Sch '41_ _FAA 4.40 5s Water 1930 FAA 4.65 Rochester-4s 1922_JAD 100 ----- 4s1933 MAN 4.40 58 June 1 1932 JAD 4.65 Somerswqh-4s '16-'15 Ade0 100 ----- Trenton 434s May '24_ MAN 10134 102 Meridian-6s May '24_May 4.70 NEW JERSEY 434s Water 1943____A&O 10331 104% ___ 5s Dec 1 1939_ _ _ _ _ JAD 4.70 Asbury Park-5s 1924_JAD b 4.60 4.50% 4s Fund 1934. 97% ___ 4%s Sch House 1941_ _J&J 14.70 4,4s3 School Jan 1943 _J&J b 4.60 4.50% 48 City Hall 1939_ __ _JrA 13 9956% 97 ___ Mississippi Levee District- 1 Atlantic City-Ss 1925_JAD b 4.35 4.25% 3%5 Sch Nov 1 1929 MAN 9134 92% 58 May 2 1944 MAN 4%5 g Water 1926___JA.1 b 4.35 4.25 o Union Co 434s 1937_klul 4.30 55 July 1 1953 J&J 101 102% ___ 4%5 Paving 1938__J&J b 4.35 4.25 0 4s% 1942 4.30 4%s Sept 1934 'WAS 434s Water 1944 J&J b 4.35 4.259' 48 Oct 1 1942 4.30 Vicksburg-5s 1916_ __ F&A b5% 4.80% 434 Jan 11945 b 4.35 4.259 Vailsburg-See Newark."° 5s St Impt 1916-'32_ _F&A b5% 4.80% 48 Water 1930----- J&J b 4.30 4.20% Weehawken-4 34WW20 FAA 4.40 4%s Sewer Dec 1 '28_ Dec b5% 4.80% _-- Atlantic Highlands- 44,6s Funding 1916-'28.f&D 4.40. Yazoo-Miss Delta Levee Dist- 45 g Sewer July 1 1928 J&J 4.60 West New York 5s '36_MAS 1(1634 108 1947 option 1917. JA.1 Bayonne-5s Fund 1928 J&J b 4.40 4.35% NEW MEXICO (is 4.40 68 1924-1954 MAN 100 101 4345 Funding 1931___JAD b 4.35% 431s ref 1953 op '33...,..J&J 100 ----- 43s July 1949_ _ _ J&J 4%s Jan 1 1933 J&J b 4.40 4.35% 4349 Dec 16 '52 op '22-TAD 100 ----- 4s 1952 option 1922__Jdul 4s Floating Debt 1928 J&J b 4.40 4.35% 4s Ref June '33 op '23M &S 95 ----- Belleville-5s Fund 4s Bldg 1929 op 1919..., MAN 95 ----- MISSOURI 1924-1934-1944_ _ _ _MA N b 4.40 4.30% 45 Fund 1939 op 1929_MAs 95 Cap Bldg •16-'25optJAJ 4.05 434s Funding 1945 _ 4s Highway 1921-1944_ _J&J 94 84s 5s '27-44MA N b 4.40 4.30% ___ 95 IKYusas City - Belleville S D 4:(5 Albuquerque 434s '29M&$ (Westport) 1916_J&J 100 Bergen Co 5s Dec 1 1919 JA D 4.30 Bernalillo County- 5s g JAD 4%s Sept 1 1930 ___M&S 102% ------55 Dec 1 1944 4.30 fis Fund 1922 op 1912_,TA.1 100 March 1, 1933__MAS 102% ------434s _ _ A&O 4.30 58 1931 op 1921___ ----- 9.5 --.-- 4%s 45 Market House '24_J&J 98 ------434s Aug1916-1939_- 1917-1938 -__F&A 4.30 Socorr0005s 1941 op'21A&O 95 ---- 45 Water 1924 J&J 98 4s Bridge '16 to '24. _FA A 4.30 NEW YORK 48 Park & Boul 1924_ _J&J 98 ------4s Court Hse '16-'38_ A&O 4.30 4348 Highway 1963___MAS 112 112% 48 Sept 1 1930 _ MAS 97 ------Bloomfield 5s '16-'23_ _MAN b 4.40 4.35% ___ 434s Canal 1964 JA.1 111001254;1 112% Kansas City School Dist- Camden-434s Wat '23_ JA.Tib 4.30 4% ___ 4%s Canal 1965 43s July 1 1933 J&J 102 45.0 Dock 1930 A&Ob 4.30 ___ 4%,s Highway 1965__MISI 4s July 1 1927 J&J 96 445 School 1943__.,...A&Ob 4.30 .10e 43.4s Barge Canal 1945_ _J&J 48 July 1 1930 J&J 96 48 Paving 1929_ MAN b 4.30 444 4s Canal Term 1942_ _ _ -1A.) 4s Bldg 1932 J&J 96 Camden Co 434s 1-9-3-3_F&A 10234 10334 ___ 45g High Imp Mch '58_ MAS 3s Jan 1923 J&J 94 95 48 1944 J&J 96 9754 ___ 4s g High Imp Sep '58_MAS 3%5 July 1925 J&J 93 Cape May-5s 1934_ _ _JAD _- 4_ i8. . 4% 48 High Imp Mch 1960_ MAS Lafayette Co 31.4s 1021 J&J 96 98 East Orange 434s'25-45 Fdr A b 4.35 45 Canal Imp July 1960.J&J Little River Drainage Dist- 4s 1934 A&Ob 4.35 4.25% 4s Canal Imp Jan 1961_J&J 5%s Oct 1919-1933. A&O b 6% 5U% 48 Water 1933 JAD1b 4.35 4 25% 45 Canal Imp July 1961 .J&J Pettis County 334s Water 1933 A&O,b 4.35 4 25% 48 Highw Imp Mar '61_ MAS 45 1918 opt on 1908_MANI 98 99 Elizabeth 434s 1953 A&Ob 4.35 4.30% 48 Palisade Park 1961.. _MAS 81 Joseph 45 1923 F&A 98 99 4348 Sch Jan 1 1955 Jda b 4.35 4.30% ___ 48 Canal Jan 1962 J&J 45 1924 M&S 98 99 4$ 1922 op J&J 98 99 ___ 45 Hi hw Imp Mar '62 _MAS 414 1926 MAN 98 99 Englewood-48 Sep'35 WES 4.30 38 g an 1 1923 J&J 90 St Joseph School District- Essex Co434s Road1953F&A 10534 10634 ___ 3s g Jan 1 1956 J&J 99 43s 1925, 1930 de 1935___ 4.25 45 1926 FAA 98 90 ___ 35 g July 1 1958 J&J 6 99 St Louis 48 g Park 1938 F&A 9634 98__-___ 3s g Canal Jan 1 1959_ J&J 9 99 4345 Bdge-Compl '35.A&O 1053 106% 48 Hospital l946.._F&A 96 9734 Albany 68 1916 to '19_MAN 64.05 3.90 % b 4.25 4.15% 45-is 48 Renew g 1918 ..__J&J 1003 100% 3 655 Park '16 to '35_ F&A Water 1916-34_ MAN b4.05 3.90 48 Insane Asy'm '28..A&O 100 Fairview-5s 1944 4.70- 4348 Oct 1963 A&O b4.05 3.90 4.40 4.35% --- 434s Water 1932 MAN 64.05 3.90 45 Public Impt 1928_ _J&J 100 ------Gloucester Co43-4s'17-'26 varb 454s JAD b4.05 3.90 4s Public Bldg 1929_A&O 100 ------Guttenberg-5s Ref Apr 1 1916-1954 434 48 Park 1920 to '30_ _MA N b4.05 3.90 48 WW Renew '31_ _MAN 100 ------1916 to 1918 A&O Jun 25 '27.J&D Hackensack-434s 1942 F&A 4.40 45 High Sch 1916-31_ F&A b4.05 3.90 3.65e Hen b4.05 3.90 33.s Renew g 1918....J&D - Harrison-45 1930 _J&J 434 334s Pub Imp 1916-24F&A 1925 Ade0 -4s 1919_ F&A 4.25 Albany Co-334s'16-25 F&A b4.05 3.90 3%5 April 1 Hoboken Aug 1 b4.05 3.90 33s g April 1 1922 A&O, 94 95 4348 1940 J&J 4.25 3345 1925_F&A MAN 4.25 4345 1936-1937-1938_ MAN b4.05 3.90 Seot'd Co 448'17 op'07.JADI 100 3348 1931 84.15 448 1917 opt 1912 J&D, 100 Hudson Co 4%(4 1948.A&O 4.30 Aubu'n-4345Dec6'15-'31JA1) 4.05 8pringfield-58.32 op'17.J&D 4345 Road 1923 J&J 4.30 48 Water May'16-'25MAN b4.15 4.05 MONTANA 4345 May 1 1950____MAN 4.30 Binamton 48'28&'29. FAA b4.15 4.05 Billings 55 1934 op '29___J&J 4.60 48g Park 1959 Az '54_ M&N 4.30 33s Bridge 1935.. _ __F&A b4.15 4.05 tsozeulati-55 '19 op 'M_J&J 100 45 County Bldgs 1946 F&A 4.30 Broo lyn-d--68 1924__JAI b4.15 4 Butte- 4s g Ref 1935 F&A 4.30 58 Bridge 1919 J&J b4.15 4 4s Dec 1 '25 op '15_J&J 4.80 334s Bridge '16 to '20 A&O 4.30 48 Bridge 1926 J&J 64.15 4 Butte School District No 1- Irvington 55 School 1963J&Db 4.40 44.3 y10%% 45 School 1920 Jac.) 64.15 4 4%s 1924 opt 1914_J&J 4.80 Jersey City- 3%s g 1916 to 1937 J&J 64.15 4 Cascade Co-48'21 op'11J&J 4.65 5t; gold Assess 1924_MAN b 4.30 3%s g July 10 1925 J&J b4.15 4 gold Custer Co-65'25 op 15 J&J 100 ----- 58 Water June 1 1921.J&D b 4.30 4%7J&J3%5 1927 64.15 4 4 Deer Lodge Co isl9op09J&J 100 ----- 55 Assess April 1916_ A&Ob 4.30 431 334s g July 10 1934 J&J b4.15 great Falls Ss 19U J&J 4776 58 Water 1916 A&Ob 4.30 43.4 0 3345 gold 1936 84.15 4 4. 1923 option 1914_ _J&J 4.65 445 Refunding 1928_JA.lb 4.30 434% 3s Bridge 1925----- it b4.15 4 Gr nt Falls Sch Dist No 1- 43-4s School 1945 J&J b 4.30 4%70 Buffalo-7s 1924 & 1925 J&J b4.05 3.90 45 1925 option 1915_MAS 4.65 414s Water 1961____AdrOb 4.30 454 60 Parks Jan 1 1924_ _J&J b4.05 3.90 delena-4s Ref 1916_ _ _J&J 4% 4318 Sch Mch 1961__M&S,b 4.30 454 434s Nov 15 1933_ _ _MAN 84.05 3.90 58 Wat-Wl.."41 op'16.J&J 4.70 431s Park Mch 1961_MASb 4.30 431 4 tisSchNov15'16-'33 NIA N b4.05 3.90 Fleiena S P N t%8•22J&J 4.65 48 Water 1932 A&Ob 4.30 451 0 4%s June 15 1944 JAD 15 b4.05 3.90 C 45 1935 J&1b 4.30 4 X 7 4%5 June 15 1964_ JAD 15 b4.05 3.90 Jefferson unty - b4.05 3.90 4 4f. Ref u .919___J&J 4.70 4s Refg 1949--- F&A b 4.30 4% --- 448% hFFebool 15A'6ua2 op'32 FAA Kalispell 58 11434 4.70 3%5 Refunding f920...J&D b 4.30 0 School 1 1429 FAA 64.05 3.90 Lewis dr Clarke County- Kearny 4%s 1936 F&A 0.t. 4..i17) 45 Serial 1916 to '29_ FAA b4.05 3.00 55.8 C H g '1610 '19_ _J&J 4.70 4345 April 1962 A&O 4.40 48 June 15 1916 '30__JAD b4.05 3.00 Lincoln Co 58 '32 op '27.J&J Long Branch 58 1943.. MA N 105 106 45June 15 1960 b4.05 3.90 so Fund Mch'31 op'21 J&J 14 45 June 1 1935_ _JAD 9231 9334 334s Oct 1917 Ajr0 84.05 3.90 Missoula 4%s '24 op '14_J&J 4.70 Mercer Co-4%s 1933__J&J b 4.30 4%%4x ::: 3 8 Park Reg 1927_ RitA 64.05 3.90 Missoula County- 4s Road 1933 JAD b 4.30 334e 1916 to 1919.. MAS b4.05 3.99 48 Re 1921 opt 1911_F&A 4.65 334s April 1941____ A&Ob 4.30 4h 0 334s Water 1916-35_MAS b4.05 3.90 Yellowstone County- Middlesex Co 4 Ms'24-'34 J 4:30 ICImira-48 1935._ ._ _ MA S b4.15 4.05 58 ls.18 op 1908__J&J Inn 3345 Bridge '22 to '31_J&.1 4.30 43,48 Water 1916-1945A&O 64.15 4.05 b Basis. Flat price. n Nominal. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis DEC.. 1915.] MUNICIPAL BONDS. 53 --- To I To Bonds Bid. Aask. Net. Bonds Bid. Ask. Net.To II Bonds Bid. Ask. Net. Utica-4%s '16-'35___ M&N 64.053.959'3.957 -__1CuyahogaCo-59'16-'20A&O, .3.75 NEW YORK (Coneluded)iYORK *5s Bridge 1913 27_ A&01 '4.25 Elmira 3%s Red '16 to'21J&J b 4.15 4.05% 4s 1916 to 1919 Jan 64.05 _, 3%s Nov 1 1916 to '35Nov 64.05 3.954 *5s Ref 1920-1939___A&O, ,4.25 Erie County- I 4s Ref 1916 to 1028_A&O '3.75 4AsRd'16-'36 tax-ex_J&Jb 4.05 3.95% Warsaw Union Fr S D No 10 4%5 1920-1942 Oct 4.10 491916-1941_ A.&01 Far Rockaway-d -5s 1923-'32 M&N 4.15 55 Imp 1916 to 1921__J&J 4.10 Watertown 43s 1942 _J&J 4.10, *Dayton 4.05 4s May 1 1938_ _M&N 4.10 *5%s W WImp 1944.J&D 119 122 Franklin Co 00'31-'40 M&S 1945_ F&A ,4:i '29 J&D b 4.20 4.10% 3%s Sewer '16 to '27:M&N 4.10 *5s W W Imp Fulton-3.40s'16 to b4.404.209'7 *4%s*4 W W Imp 1940 J&D , 4.15 Geneva-4s Water '28_A&O b 4.20 4.10% West Seneca 5s '16-'38_ A&O 0 Westch'rCo 3%5'27&'28J&D 64.10 4% ___ *4%s Bdge 1933-1939A&O b 4.20 4%%' Glens Falls-4%5 ref sewer i 3.80 1917-1928____F&A b 4.15 4s Co Bldg 1927-44 Atit0 64.10 4s 1916 to 1918 A&O Aug 31 to 1935 64.10 47'-470° Dayton S D 4s 1920_ M&S 13.80 Gloversville-3%s 1917_J&J,6 4.15 4.045R 49 1930 F&A 4.204.10% 4%5 San Sew '33-'82_J&T 64.10 4% ___ East Liverpool-4s'40__J&J '3.90 Haverstraw 4.125'16-'37M&S1b 3.90 g 1923_J&J'b 4.20 4.10% White Plains-4s '16228 F&A 64.15 4.05% ___ Elyria 4s 1916 to 1923_F&A Hempstead-d-45 64.154.05% 4s 1924 to '38_J&D 3.90 Herkimer-4%s'16-'27 M&N b 4.20 4.10% 3%5 Water 1931 A&O Water '21_F&A b 4.20 4.10% Wolcott4%9J1y15'16-'42J&J Findlay City, S. D.- Hornel1sville-3%s .110 4.40 Hudson-4s Wat 16-'22 July b 4.20 4.10% Yonkers-4s '16 to '25_ M&S 64.154.05% *55 1916-1927 '25-'32 A&O b 4.20 4.10% 4s Water '16 to '22 A&O 64.154.05% ___ Fostoria-4s 1925__ .M&5.M&5 3.90 4%s High Sch 4.05% 4.40 Ithaca 4.30s '27 op var_J&Jb 4.15 4.05% 3%s May '16 to '24_ _F&A 64.15 *5s NV W Imp '16-'40M&S 1942_J&J b 4.15 4.05% NORTH CAROLINA Franklin Co 4s '16-'25 M&S 3.80 4s Ref Water b4.304.10% _ 4.25 Jamest'n 49 Mch 20'43_A&O b 4.10 4% 6s Construction 1919_ A&O *5s Fl-Emerg '20-'29 M&S 4 49 Refunding 1950 J&J 99 101 Gallipolis 48 Aug 25'20 FAA 3.90 riKliags Co 4s May 1 '16-'44 3.85 g '16-'36_ A&O 4.05 4s Building 1951 J&J 99 101 Hamilton 5s '16 to '18_ F&A Kingston 3%s 64.704.60% 4%s 1919 M&NT 3.85 4%5 1916-1925 A&O 4.05 Asheville 5s Ref 1941_ _ _J&J 5s School 1943 J&J 64.704.60% Hamilton Co *4%s3 '43_F&A 4.20 Gong Island City-d 3.75 1923.....M&S 4.10 45 April 1922_ __A &0 64.704.607A - - - 45 C H J'ne '36 op '16J&D_____ 4%8 1916 to 64.704.60% ___ Lakewood 4%s '21-'39_A&O 3.90 45 'Water Sep 1 1920_M&N 4.10 Buncombe Co 5s '16-'46 J&D 4.10 4%s Funding 1939 M&S 64.704.60% _ *Lawrence Co 55 1934_M&S 4.35 3%5 Wat May 1 '20_ M&N 3.90 1 4 1 Charlotte-55 St&Sew'29.J&T 64.604.50% ___ Lima 4s Sewer'16 to'25_A&O MadisonCo4%5116-'29 Feb 3%s Ref '30 op '25 A&O 3.90 4.355'15-'42 J&D 4.10 4%s Water Mar 1935_J&J 64.604.50%___ Middleport 4.10,1 4%s Water Oct 1 '41.A&O 64.604.50% Lorain 5s 1918 to '32 .T.t.1 3.90 4.355 sewer '16-'39_ __J&D 64.604.50% __ _ *55 W W Ref'18-'27_M&S -3%s'31 _PALA 4.1 4%s School Oct 1 '41_J&J Middletown 4.050t 4%s July 1 1942 J&J 64.604.50% Lucas Co 4s C-H 1944_ M&S 3.80 Mt Vernon 4%5'31-'43_ A&O (in Cincinnati) 1962-'73_ M&N 4.05 Durham-4%sSew&Lt'41J&J 64.604.50%Madisonville--:, 4345 Bch 4.05 Granville Co-4%s '39 M&N 4.65 5s 1932 op 1922 J&J 3.80 45 Sewerage '50-'55_ _M&N J&D 4.40 '20-'29 J&J 4.05 Greensboro-5s W W'30_ J&J 4.60 Marietta-*434s'16-'33 Nassau Co-4%s 4.05 59 Aug 1 1942 F&A 4.60 3%s 1931 op 1911_ F&A 4.40 45 1938-1943 J&D M&S 4.05' 4s Water-Wks 1954__J&J 4.60 Marion 5s 1916 to '23 M&S 3.90 3 Court House'30 5s 3.90 4%s '16-'34 F&A 4.05 Greenville-55 1937 _J&J 4.60 Martin's Fy '26-'44 _M&S Newburgh 4.05 Iredell Co 5s Aug 1 '42_ F&A 4.60 Mercer Co-55'16 to' 24 RitA 4.35 NewRochelle4%5'16-22M&N '300p'20 F&A 3.80 1916-1930 M&N 4.05 Lee Co 5s Road 1952 M&N 4.60 Middletownis ' 4s 4.05 Lincoln Co 5s 1943&1948 J&J 4.60 Montgomery Co- 3%5 1916 to 1933____J&D 4.35 - MecklenburgCo-6s'20.M&N b4%4.60%_ *5s Fl-Emerg '23-'42 J&D New York City b4% 4.60 ___ 4.35 6% notes Sept 1 '16_ M&S 1025is 102% 5s Fund 1916-1936__M&N MuskingumCo*550ct1'16-23 M&S 103% 103% 4%5 1943-1947 M&S b4%4.60%Newark *4%s '18-'41_ _ A&O 4.35 6% notes Sept 1 '17_ 3.80 1965 J&D 106 106% Raleigh 6s 1916-20 J&J b4.704.60% Norwood-4%s 1925_ J&D 4%5 June Ada) 3.80 4%5 June '16-'30 J&Db 4.05 3.95% 5s 1927 M:0 64.704.607 45 1930 M&S 106 106% 5s Munic Bldg 1939_ J&J 64.704.60%Portsmouth-4s'16-'24 _J&D 3.80 445 1963 3.80 4%s(old) May 1957_ _ MSc N 105% ------5s Water Wks 1943_J&D 64.704.60 Portsm'thSD3%s'17-22A&O 1957 M&N 105%3 ------5s Impt June 1 1944_J&D 64.704.604 - Sandusky 5s 1916 to '28 F&A 3.80 4%8(new) Nov 3.80 (old) May 1917 M&N 101 Rutherford Co 5s '23-'52 J&J ! 4.1. 4s St Impt '16 to '18_ M&S 4 S5 3.80 4%s(new) Nov 1917 M&N 101% -102-- Weldon 6s Jan 1924-1942_ pringfleld 5s '16 to'21 M&S 1930 M&S 1013 101% Wilmington-5s F'd '22_ _J&J 64.654.60% '555 1931-1934_- __ 4.25 45s 1980 opt 3.80 4 s 1960 M&S 101% 101% 5s ref & impt 1955 A&O 105%1 107A 4%s Big Sep 1 '16-'21M&S 4 s Mch 1 1962 M&S 101% 101% 4%5 gWat & Sew'48.A&O b4.654.60% ___ 4s 1921-1925___M&S 3.80 1 1964 M&S 1013, 102 4%5 Wat & Sew 1952_J&J 64.6514.60% __- Springf'IdSD*5s1920'39.T&J2 4.30 435 Mch 4.35 45 Various 1936____M&N 97% 97% 45 g Ref July 1 1929__J&J 64.654.60% _ _ _ Steubenville *59'16-'35 M&S M&N 96 Winston-Salem-5s '24M&S 64.60,4.50 Toledo-4%s 1919_ A&O 3.75 48 Nov 1955 4.20 4s Various 1956... __M&N 96 ------55 gen impt 1944_ .._J&J 64.6014.50 A - - - *4%s Gen Imp Sept 15 '20 '57_M&N 97%, 98 4%s July 1 1952 J&J 64.604.50% *4%s Sept 1 1928_ M&S 4.20 45 Various May 3.75 45 Nov 1958 M&N 97% 98 NORTH DAKOTA 43-is Bdge'28'33&'38 F&A M&N 97%3 98 4s Fund'g Mar 20'21_ M&N 4s 1926 A&O 3.75 48 May 1959 J&J 3.75 3%s Exempt 1922....M&Nb 4.10 4% Ward Co-45 July 1925_J&J 4s Park July 1 1942_ foot-note t) 3%s Refunding 1930 M&N 3.75 3 Bklyn M Sew '27J &J b 4.10 4% OHIO (See 3.75 4.10 4% *Akron-55 1923 M&S 4.20 Toledo Sch Dist-4s'230'20 8 g D'k 1927 Ex_M&Nb 3 s g Exempt 1941_M&N,b 4.20 4.15% *5s '19, '20,'24&'28Var. 4.20 Warren Co 55 1929-1934.M&S M&S 4.20 Youngstown *5s 1916-25A&O 4.20 3 Exempt 1942 M&N'b 4.20 4.157 *5%5 W W 1924____ 3.80 4.15 *4 %WWDec31'18-37J-D31 4.20 5s Fire Oct '16 to '17_ A&O 3 R T 1948-1950 M&N,b 4.20 _A& 0 4.20 3%s g Exempt 1952 M&1416 4.20 4.15 4s W W 1942 A&O 3.80 *4%s 1919-1957 J&D 3.90 Youngstown School Dist- 3 g Exempt 1953 M&N,b 4.20 4.15 0 Alliance 4%s '27-'32 4w, 3 g Exempt 1954 M&N 86% 87 Ashland Co *5%5 Bridge 514%i 1944-1947_ _ __M&S g Water Ex '54 M&N 86% 87% ---I Apr 15 '16-Oct 1 '23 A&O 4.35 OKLAHOMA a A&015 98 3%s Exempt 1955 M&N 86% Butler Co 4%s '21&'24 3.80 4%5 Oct 15 1924 33 April 1 '54 A&Ob 4.20 4.15% *4%s F1-Emerg'21-'31M&N 4.35 45 Funding 1918-'27___F&A 95 334s6tk 95 3%s Nov 1 1929 M&N 93 --- Cambridge-4%5'16-'34 J&J 3.90 Ardmore-5s 1922... __M&N 3.305 Co '17-'21 Ex__J&Jb 4.201 4 --- 45 1923 .T&J 3.90 Canadian Co 49 '22 '31_ F&A 93 3e g Dock 1924 Ex_ _M&N b 4.20 4.15% *55 Sew 1953 M&S 4.40 Muskogee-4%s Water-Wks 3e g R T 1950 Exem_M&Nb 4.27 4.15% Canton-5s Sew 1953_ M&S 4.30, Sewer & School 1925 MAN 96 2%5 Pk Ex '29op'09 M&N 4.40 4%s Water-Wks '30 M&S 3.80, 5s Nov 1 1924 Niagara Falls-45 Nov 1921 4.15 4s '21,'22, '26 & '27_F&A 3.80, 55 Funding 1929.... _M&SM S 987 3%s 1942-1945 M&N 4.15 Canton S D 4s '17-'18 M&S 3.80, 55 Sewer 1936 M&S 100 North Tonawanda 45'24A&O 4.30 *59 Apr 8 1954 A&08 4.30 Okla City-5s '37 op '22F544. 98 4%s 1916-1925 J&D 4.30 Cincinnatt-*4 %s St'32 J&J 4.10 55 Water 1936_ __ M&S 98 Oneida Co-3%s'16-'28F&A *4%5 July 1943 J&J 4.10, 55 Fund'g Oct 9'36 A&O 9 98 Onondaga Co 33 '16-'29_J&J 4.051 *4%s Park 1953..._MN 4.10, 55 Fire Dept 1934___J&D 93 4%s 1917-26 J&J 101 102 *434s Sewer 1955 A&O 4.10, 4%s Sewer 1936_ _ _ _ Ric A 94 Orange Co 3%s '16-24.. Feb 1 4:(.4 4s Aug 1 1934_ _ F&A 3.75 Okla City S D 4s 1933__J&J 95 Ossining-4%s'18-'42_M&S 4.05: 495 f 1941 opt 1921 J&J 3.7510k1a Co-4%s '24-'33 J&D 97 Oswego 4%s '20- 29_ _ M&N, 4.05; 45 Sept 15 1949 M&S 3.75 Payne Co 41.4s'20 to '29 A&O 97 3%s 1916-'22 A&O 4.051 3.65s g Feb 1937_ _F&A 3.75 OREGON Penn Yan 4.355'16 to '310ct 4.20. 3%s Ref '56 opt '3-51M&N 3.75, Albany 5s ref '31 op '21 A&O _____ 4.75 Po'keepsie 4%5 1922_ F&A 4.05 3%s 1938 opt 1918 F&A 3.75; Astoria 5s 1953 JAI) io5-- 3)is 1916 to 1930_ __M&S 4.05. 3Water '45 op '25F&A 3.751 Baker City 55 1934._ MAS 100 idi Putnam Co 4%5'18-'29_ le& A 4.05' 3 s Ref 1952 opt '32-T&J 3.75,, Clatsop Co 59 1934_ _ __. A&O 100 102 Queens Co-45 1917 ....J&D 4 35 Water 1939 op '19_F&A 3.75' Columbia Co 55 Road 481927 J&D 4 Cinc S D1*4%s 1934.A&O 13 4.201 Apr l'19-'24-'29-1934A&O 6 4.80 4.75% 4s g'21.J&J 4.05 4s 1936 opt 1906 _M&S 3.751 Dallas City 5s 1917-'26 MAN 99 Richmond Co-d 4.80.. Rochester-4%s Fdg Apr '446 4.05 3.90 3%s 1940 opt 1912 A&O 3.75, Eugene 55 1942 M&S J&JI 105 106 _ Cleveland 59 1918 A&O 4.10 Multnomah Co 4 %9'32...flit D 99 4%s Jan 15 1933 4.60 4.40% 4%s Municipal 1945.M&S b 4.05 3.90% *55 St Impt '16-'19_M&N 4.10 5s Road 1920-1929_MAN b 4.05 3.907 *4%s St imp Feb 1 '34 F&A 64.2()4.10, ___ Portland-5s g C H '22_J&J b 4.60 4.5u7 45 1922 to 1927 .1&.116 4.604.50$ 3 Imp July 1 1924_J&Jb 4.05 3.90 *4%s St imp Feb 1'32 F&A b4.204.109' ___ 5s Water 1923 J&J b 4.05 3.90 0 *4%s Mch 1949 __ _ NUS 64.204.10% 5s g Bridge 1925_ __A&O b 4.60 4.50 0 3 Ref 1933 op '13_J&JIb 4.60 4.50% 33s Bridge Sept 1 '21 J&J1b 4.05 3.90% _- *4%s Fire dep '16-'55A&O :4i5 4%9 Dock 1943____M&N b 4:05, 4 3.75 49 g Bridge 1934 J&J b 4.60 4.5070 Rock andCo-45'16-34 M&S sCiarkAyBdg'42_A&O b 3%s Fund '16 to '24_J&D, 4.051 43js Bridge 1931_ _A&O 3.75 45 Water 1937 M&N 4.604.50% Rome 430 Sept 15 '31_ _J&J 4.10 4 s Park 1938 A&O 3.75 Ptof Astoria 5sHar'24-'29J&J 99 101 Rye-55 Mar 10 '16-'38 M&S 4.05 4.10s Paving 1930 _A&O 3.75 Pt of Coos Bay, Herb, 5s___ 99 100 Saranac Lake4345'17-26M&S b 4.35 4.25 4.10s Sew Const '30_A&O 3.75 Port of Portland 5s '22_J&J 102 4.455 FireHouse'16.'39.1&J b 4.35 4.25 0 49 Refunding 1918_ _A&O 3.75 4s Dry-dock 1934.... _J&J 93 Saratoga Co 5s '16-'18_ F&A 4:63 4s Infirmary 1920.. _ AA,&to0 3.75 Salem-5s Sewer'16-'33M&N 101 ----- Saratoga Springs- 4s Water 1920 3.75 PENNSYLVANIA 4As Park 1916-'40 _ _ A&O 4.10 4s Sewer 1925_ _ J&T) 3.75 Allegheny-4s 1915-19__Var 99 _____ Scarsdale 450 '20-'45__J&D 4.05 4s Refunding 1927_ _1A 000s 3.75 45 1917 '22 & '27 J&J 995 _____ Schenectady 55 '16-'33_J&J 4.05 4s Park 1929 3.75 4s Street Imp 1937__ MAN 99 _____ 45-55 1916-1931 A&O 4.05 45 Park 1931 3.75 3%s 1916 to 1931___A&O b 4.15 _____ 4 As Pub Mkt '16-'30 A&O 4.05 4s Sewer 1919 3.75 Allegheny Co 49 1934__ MAN 99% ----- 43s 1916-1934__J&J 4% 4s Park 1924 A&O 3.75 4As Nov 1 1943___M&N b 4.10 4.50 4.30 4s Grade Cross'g '30_ A&O 3.75 45 Road 1937 F&A b 4.30 4.15 SchenectdyCo4%9'42-'58J&Jb 4.15 0 Solvay 4%5 1916-40_ __ F& A b 4.50 4.30 --- Cleveland S D *4%5'16-'35_ 4.20 45 Road 1938 FAA. b 4.30 '24-'32__.T&J b 4.10 4 4s 1922_ A&O 3.75 45 Bridge 1942 F&A 99% _____ Suffolk Co 4%s _____ Syracuse-4s Wat 1920.1&.1 b 4.05 3.95 4s July 1 1932 J&J 3.75 3%s 1932 opt 1922__M&N b 4.10 4%5 1916-'35 Var b 4.053.95 --- Clifton (in Cincinnati)- 1 Altoona-4s '34 opt '14_J&J 983-. ______J& D b 4.05 3.95 --- 4%s Water 2d ser '22 A&O 3.80 45 Ref 1936 opt 1916.__J&J 98A ----- 48 Refunding 1929______3%s Water 1928 J&J b 4.05 3.95 0 --- Columbus-4%sSew'21M&S 3.75 4s Highway '37 op '32 J&J 98A 39 Water July 1 1920.J&Jb 4.05 3.95% 45 Dec 1 1927 J&D 3.75 Altoona S D 45'16 to'35A&O b 4.20 Tonawanda 4%5'16-'42_ J4,41 45 Sewer '33 opt '13_ M&S, 3.75 Braddock 4 As '16-'44_ MAN 99% Troy-4%s 1916-1925__J&Db 4.10,4.05% 4s Wat-W '45 Op '20.M&S 3.75 4s 1916 to 1935___-M&N b 4.30...... _____ 4 b 4.10 4.057 3%s 1932 opt 1912.. _J&J 3.75 '..ltisiter-3%3 1929__ __J&J b 4.301 School 1916-31__F&A 98A 45 Water 1916-1925__J&D b 4.10405 Columbus S D 48 1926_ M&S 3.75 48 '37 op '17 tax-exm_J&J 3%5 Water 1916-38__J&J b 4.10 4.05 o 34s March 1 1923_ M&S' '3.75 4'(s 1930- 35- 40._ _ _J&J 99% New York City. I Flat price. n Nominal. b Basis. d Now part of by municipalities in *Subject to taxation. By an amendment to the conititiitiort of Orno adopted Sept. 3 1912, bonds issued after Jan. 1 1913 that State are subject to taxation. Bonds issued prior to Jan. 1 1913 are exempt from taxation. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis 54 MUNICIPAL BONDS. [VOL. 101. To To To Bonds Bid Ask Net. Bonds Bid. Ask. Net. Bonds - Bsd. Ask Net. Chester SD 430'32-'37-'42 _ b4.30 Grainger Co 5s 1940___F&A VIRGINIA Easton-334s 1928_. A&O b4.15 Hamilton Co 5s 1944... A&O 4.50 6s deferred ctfs 1871_ J&J Easton S D 48'24 op '14 F&A 5s April 98 1 1935 A&O, 4.50 Brown Bros ctfs 563% 57 Erie-4s Street'21 on '11J&J 98 55 April 1 1945 A&O 4.50 3s "Riddleberger" 1932 opt 430 Ref 1934 op '24_J&J 1023% 43%s 1941 J&DI 4.50 1900 J&J 89 90 HarrIsburg-4s 1920___J&J 99% 430 C H & Jail '42_ _A&O %3 4.50 3s Funded debt 1991 J&J 873% 4:.i. 4s Aug 31 1926-'32 _ _M&S 99 Knox Co 5s 1930-1945 b 4.60 4.50% Danville--4s Refg 1931_J&J 92 48 Pub Im 1916 to '36M&S 993% Knoxville-6s 1917 J&J b 4.70 4.55% 430 Ref Aug 1942F& A 98 Johnstown-5s '21 op M&N b4.40 5s g Improv't 1921__A&O b 4.70 4.55% Lee Co-5s 1916-'41_ _ _J&J 430 Sept 1 1923_ ___M&S b4.40 5s Refunding 1940„M&N b 4.70 4.55% Lynchburg Building M&S b4.25 -5s '26 op__J&J b4.60 4.50 4s 1930 opt 430 Funded &c 1937.J&D b 4.70 4.55% 430 Ref June 1 1927_J&D b4.60 4.50% Lackawanna Co 45 1944 F&A 993% 43%s Water-Wks 1949.J&J b 4.70 4.55% 43%s July'16-20 100 Pub Impt 1939__J&J b4.60 4.5070 Lancaster-4s Q-J 4s June 1 1929 J&D b 4.70 4.55% 430 Pub Impt 1946__J&J 48 Street Im '38op'28 A&O 100 Loudon Co July J&J b4.60 4.507 5s '43.. 4s Ref Oct 1934&,48 b4.60 4.50 0 Lower Merlon Tp 43%s &430 b4.05 Memphis 5s July1954___J&J b4.60 4.50 Newport McKeesport Ei D 430 News 43%s J&D 4.704:75 5s 1918-1927 ______F&A b43% 4.50 014-.85 430 Feb 1953 F&A '19-'43 M&N b4.25 4.177 430 Refunding 1926_J&J 4.70 4s Street Nov 1191! M&N 4.70 Norristown 4340 1943J&J 10234 430 Refunding 1939_J&J 14.50 Norfolk-5s Philadelphia-48 1937__J&J 102% _ Ren 1923_J&D b4.60 4.507 1023% -:: 430 St Impt &c '46_F&A 4.50 43%s Munic Impt '42 M&S 4s Jan 1 1938 J&J 102%3 102%3 430 Park 1947 J&J b4.60 4.5070 4.50 43%s Renewal 1941__A&O b4.604.509 _ 4s July 1938 J&J 102% 102%3 43%s Street 1947 M&S 4.50 430 Imp July 4s July 1939 J&J 1023 102%3 1940„J&J b4.60 4.50 % 434s 1950.. J&J 4.50, 48 July 1 1932 J&J 48 July 1940 J&J 102% 102%3 43%s Park 1959 A&O b4.60 4.50 4.50, 4s Water Oct 1 1934_A&O b4.60 4.50 0 48 July 1941 J& 102%3 102%3 4s Water 1933 M&N 4.501 4s Impt March 4s July 1942 1936_ M&S b4.60 4.50% J&J 102%3 102%3 Memphis S D 43,0 '59__J&J b4.70 4.50% Petersburg 43%s 1952_ A&O 48 May 1 1943 J&J 102%3 102%3 Nashville--5sWat 1921.J&D 43% 4:551 Portsmouth-43%s 1940 F&A 4.70 4s Nov 1943 J&J 102%3 102%3 5s March 1933 M&S 4.55 43%s Imp Oct 1 1942_A&O 4s Nov 1944 J&J 1023 102%3 5s1916-1935 M&S 4.70 % b4.604.55% 43%s Sch & Sew 1938 J&J 4.70 4s Jan 1945 J&J 1023% 1023% 5s Sch 1918-1945_ J&D 4.55, Richmond 5s '20 to '22 J&J 330 Water 1931 J&J 94 430 Sewer 1923_ A&O 4.30 %3 43%s Pub Imp 1949_ _J&J 4.30 330 July 1932 J&J 93 43%s Street 1935_ _J&J 4.55,' 48 1920 to 1930 J&J 330 July 1 1934 J&J 4.30 933% 43%s Trunk Sew 1940.J&J 4.55: 48 1938 to 1943 J&J 4.30 Phila S D 43.0 '24243_J&J b4% 3.95%, 430 High Sch 1940 J&J 48 1924 J&J 4s 1923-1942 J&J 4.30 993% 4s (Tenn C RR)'24_M&N 454..5551 48 Jan 1 1926 J&J 4.30 Pittsburgh-4 Xs'16-'50J&D b4.05 4 4s Sewer 1927 J&J 4.55 4s 1938 J&J 4s May '25 op 1 4.30 '10-'22M&N b4.05 . 4 0 -- 4s Water 1928______J&J 4.55 48 1941 J&J 4.30 48 1916 to 1927 M&N b4.05 470' --- Putnam Co-43%s '39_Ju1y1 48 Jan 1 1942 J&J 4s 1916 to 1939 4.30 J&J b4.05 47' 430 Road 1941 July1 4s 1943 J&J 4.30 48 1916 to 1936 J&J b4.05 47j; RobertsonCo4s'41op'31_J&J Roanoke 430 1936_J&J 430 1916 to 4.60 Ref 4.50 1938___M&N b4.05 4 o Shelby Co-436s Sch '41_J&J 4.40 430 St Impt May 1940_ 4.50 330 Apr '16 to '30__A&O 14:58, 4s Court House 1955_J&J 4.40 Pub Bldg 1941 M&N Pittsb S D 43.is'22-'37J&J 43%s 4.50 b4.10 4.02% TEXAS 430 Pub Bldg 1944_ M&N 4.50 Reading-4s '16 '28_Adz0 99% Austin 5s 1916-1942____J&J b57 4.70% 4s 1918-'23-'28 48 St Impt 1936 JAE.' 4.50 ---M&S 993% 5sSchBg&Ilos'52op'32J&J b5 0 4.70% Stafford Co 5s 1942 J&J 48 Apr '18 opt 1898__A&O _ 100 993% 4-5s Refunding 1931__J&J 96 98 ___ Tazewell Co 5s 1923-46_ J&J 4.70 Schuylkill Co 3s '21 opt_J&J b4.20 Beaumont 55'52 op '32_ A&O Scranton 43%0 4.70 '16-'41__F&A b4.10 5s Water Works 1054.. M&S 4.70, WASHINGTON 48 191ff-1937 M&S 99 4s 1942 opt 1922 J&D 4.70 Aberdeen 53%s '22-'31_ J&D 4.80 4s 1920-25-30-35 A&O 99 Cleburne5sWW'52op'32.J&J Scranton S D 4s 1918-1923- 4.80 Bellingham 5s 1926 A&O 4.70 Dallas-5s Water 1917_ _J&Jib 4.004.30% 'Clallarn Co-430 1921 M&N 4.70 '28-'33 A&O b4.20 I bs 330 1916-1032 June 1 1931 J&Dib 4.60 4.30 Clarke Co 5s '35 op '25_Ja n 1 4.75 F&A b4.20 5s g Aug 1928_ _ F&AIb 4.60 4.30 0 Uniontown 4s'28 tax-ex M& N 97 Everett 5s July 15 1931_J&J 4.80 --- 43%s Sch 1916-1952_M&Nlb 4.60 4.307 King Co-5s 1928 M&S b 4.65 4.55 Wash'n Co 43%s '21-'34 M&S b4.10 I ___ 4s Water '47 op '17 _A&O b 4.60,4.30 i Wilkes-Barre330'16-'29F&A b4.35 ___ 5s C't Flouse '33 opt May b 4.634.55 4s Water '16 to '49__M&N b 4.60,4.30 5s Road 1935 F&A lb 4.65 4.55 4s 1916 to 1935_J&J b4.35 ___ 4s School 1916-'51 ___J&J b 4.60 4.30% 434sImpSer I '22-'38 A&O b4.35 43%sHarb opt '22-'30I4ov1b 4.654.55% DallasCo43%sSep10'51Apr 10 98 100 Lewis Co 5s 1923-'32 M&S 4.60 430 1931-1940 J&J b4.35 bs Viad & Bdge Feb 10 Waisport 330 '290p'09NI&S Pierce Co 5s ref' 25op'15A& 0 100 b4.25 1954 op 1924 ____Apr 10 b4.70 4.60% 4s Ref 1926 opt 1916_ M&S York 43,0 1924-43__F&A b4.10 ElPaso5sWWPurch'50_A&O PortofSeattle5s'16-'55_ York Co 330 1916-32_M-N b4.10 4:135 M&S b 4.8014.70% 5s Fund 1951 opt'31_M&SI 4.65 434s Jan 1916-1955_J&J b 4.80,4.7070 RHODE ISLAND 5s School 1955 op '35_J&J' 4.65 Seattle-5s 1916-1930__J&J 43 Chant.Inst 1965_ __MS:S 10336 b 4.55 4.459' 10236 Fort Worth-6s 1922__F&A 104 106 4 Ms Sewer 1927 M&Sb 4.55 4.4571 33.4s g S H 1934 J&J 93 59 Refunding 1920 J&J 98 100 43%s Water 1931 .1&.1b 4.55 4.45 3s State H July 1938 A&O 83 5s Apr 1951 opt '31__A&O 99 101 43%g Park 1931_ ____J&D Bristol-33%0g 430StImp'48op b 4.55 4.45 1930___M&S 91 aft'28.J&J b 5.10 430 Light ext 1932 J&J b 4.55 4.45 Burri1lville-33,6s 1939_ MdtS 90 430 Sch '48 op aft '28.J&J b 5.10 48 Lib Oct 15 '22_A&015b 4.55 4.45 E Providence IsJnel5'47J&D 93 43%s Sch'49 op aft '29 J&D b 5.10 4s April 1 1929 A&Ob 4.55 4.459 Johnston 430 1920, 1925, 48 Refunding 1941_ __J&J b 5.10 5e0 Seattle SD Nol 430'24 M&N 1930, 1935,1940____M&N 100 4.50 Galveston 5s '28 op '08..J&J 4.50 95 98 430 Mar '16 to '31_ M&S 4.50 Lincoln-4s 1928 A&O 97 5s Lim debt Sept 1 1921__ 95 98 Snohomish Co 5s'31op aft'21 Newport-43%s 1916-39M&S b 4.20 Lim debt June 1 1923__ 4.75 1:176, -_-_-_ 5s 95 98 Spokane 53%s Fund '18_ F&A b 4.55;4.457 4s gold 1927 F&A 98 99 5s Lim debt 1927 95 98 5s Park Dec 1 4s May 15 98 1927__J&Db 4.554.45 1948 M&N 97 5s Grade Rats 1944. A&O 95 98 43%s Bdge Const 1931 J.t.1 b 4.55445 330 g High Sch 1954 J&D 86 8636 5s School 1916-1954_ M&S b 5.10 57 430 Water 1935____J&J b 4.55 4.45% Pawtucket-43%8 1950 __J&J 103 5s Wat & Sew 1916-34 M&S b 5.10 43%s Park 430 J&D 5 o 1962 .1,10 b 4.55 4.459' Sewer 1952 4:25 436sGrad &c '48op'28.J&J b 5.10 5% 4s Water July 1 1925_J&J b 4s Water 1937 M&N 4 MsGrad&c'49op'29.A&O 4.55 4.45% _ 95-- b 5.10 5%5e0 SpokaneSDNo81 4 Ms'29.I&J 4.50 330 1922 J&D 94 Galveston County- 43%s May 1 1931 _M&N Providence-4s g 1921__J&J 983% Bd Apr '51op'31A&O 4.50 58 10 48 Aug 1 1916-1922_ F&A 4.50 4s g Apr 1927 A&O 99 100 Harris Co 4s '47 op '17_A&O Spokane Co 45 '21 op '11J&D 4s May 1 1944 M&N 99 100 Houston 4.30 5s Comp '18___J&J b4.70 4.50 Stevens Co-43%s '29 op '19 4.50 4s Jan 1 1945 J&J 99 100 bs Sew Nov 15 1939_M&N1 b4.70 4.50 Tacoma-5s g Feb 15'20F&A 330 Sch & Br 1929_M&N RefOct16'41 op'31 4.60 933% 943% 5s A&O b4.70 4.50 55 Refunding '16-'33 J&D 4.60 3s Sewer 'Is Imp 1929 M&N 873% 883% 4%s Sept 1916-1952 M&N b4.704.50 4s Lt & Pow 1929_ _J&J Warren-4s '16 to '22 _A&O b 4.30 43%s Oct '38 op 28 A&O 4.60 26 b4.70,4.50 43%s Refdg 1931_ ANO 4.60 Westerly-4s 1927_ _ __M&S 97 SanAntonlo-6sg'17op'07 J&J b4.50,4.35 0 Tac D No 104 Ms '20_ F&A 330 Water Feb 1929 F&A 913% Se 1917 opt 1907____F&A b4.50 4.35%1 4.50 WhatcomCo430.22op'12J&J 4.40 Woonsocket 430 Fd '41J&D 101 bs Sept 1916-'53____M&S b4.50 4.357A 430 Fund 1944____M&N b 4.37 Kig%0 43%s May! 1920__M&N b4.50 4.35% WEST VIRGINIA 4s Funding 1941 J&D 9334 Tarrant Co-5s Road & Bdg Charleston 430'41 op'27J&J 330 Wat May 1 '31_ M&N Apr 10 '52 opt '22__Apr 10 4.50 89 4.70 ClarksbgSD5W4 lop'21_ M&S 4.50 SOUTH CAROLINA Waco 5s Impt 1920_M&S b4.90 4.70p Hancock County-5s Grant 43%s Blue 1928 J&J 104 105 5s Nov 1 1934 M&N b4.90 4.70 Road Dist'46 op '32 M&N 430 4.90 Refund '33 op '13J&J 101 102 bs Sewer 1937 J&J b4.90 4.70 Huntington 5s 1944_..Oct 4.60 Charleston-5s Oct'22_A&O 4-.40 58 Water-Wks 1942 J&J b4.90 4.70 0 Martinsburg53'43op'29 Decl 4.60 430 1928 A&O 101 102 4s Jan 1 1931 b4.90,4.70% Mercer Co 5s'44op'24A&015 4.60 48 Sewer 1929 A&O 96 97 UNITED STATES-Se page 21 Parkersburg 4s Wat '29 June 4.60 4s July '37 (tax-exm)_J&J 96 97 U.S.Possessions-See Fore ign p. 50 430 June 1 1033... _J&D 4.60 4s Refg '38 (tax-exm)_J&J 96 97 UTAH Wheeling-6s 1924 op__ Nov 4.50 Cheraw 5s '52 op '32__July 1 101 _ 5s Capitol Bldg 1934 _J&J 4.20 5s City 1919 op 1906 _July 4.50 Columbia-6s 1921_J&J 4.50 430 Capitol Bldg 1935_A&O b 4.30'4.20% 430 Bdge '2-1 op '06_July bs 4.50 Ref Mch 1 1941__M&S 4.50 45 Capitol Bldg 1934 _J&J 4.20 4s Ref 1916 to 1936__July 4.50 430 Water 1945 J&J 4.50 48 Capitol Bldg 1924 J&J 4.20 WISCONSIN Greenville 5s 1940 J&J 4.50 330 Refunding 1918 _J&J 4.25 Appleton 4Ms 1916-'32 P&A b 4.204.109' Se Street 1942 J&J 4.50 33-is Refunding 1920 _J&J 4.25 Fond du Lac 43%s b 4.20 4.107 Richland Co 5s 1933_ ___J&J 102 103 -__ Box ElderCo430Sch'32F&A 4.75 Green Bay 43%s '19-'33_J&Jb 4.20 Rock Hill 5s 4.10 1951 op '31 J&J 101 102 Ogden-430 1929 J&J 45% 4s Refdg 1916 to '20_ _J&J b 4.204. 10 Spartanburg-430'35_A&O b4.60 4.50% 43%s Refunding 1932_J&D Kenosha-33%s'19 op '09J&J SOUTH b 4.20 4.10 0 DAKOTA 430 Ref Wat 1933__M&N 9834 100 • LaCrosse 430'32 op'22 F&A b 4.20 4.10 7o Aberdeen-Is 1916-1921 A&O 4s Ref 1921 opt 1911_J&D 4s Water '31 op '21_ _J& 436s Sewer Jan D b 4.204.109' 1932J&J Ogden S D 48 '22 op '12_J&J 43% 330 liefdg 1919____A&Ob 4.20 4.1070 Sioux Falls 5s 1931____J&D 4.60 Salt Lake City 430 b4.50 Langlade Co 4s '16to'23Ju Sioux Falls S n I b 4.20,4.10% D 5s 1935_A&O 43%s May 1 1934_ _ __M&N b4.50 Madison-4s Oct 1931_A&O b 4.20,4.10'4, I ENNESSEE 48 Refund Jan 1921__J&J b4.50 A Marshfield 43%s 430 Ref 43% '22-'32_,T&Jb 4.20 4.10 1917-1955____J&J b4.254.15% 430 ref 1934 M&N b4.50 43%7 Milwaukee-5s '16 to'17J&J b 4.104.05 430 1938-1955 J&J 4s Water '20 opt '10_A&O b4.50 43%s W W 4s Ref b4.254.15% 43% Jan '16-'32 J&J b 4.10 4.05 1917-1955 J&J 97 98 4s S & W '25 opt '15_ A&O b4.50 43% 44s Park 1916-1935_ _ J &I b 4.10 4.05 4s 1932-1953 J&J 97 98 Salt Lake City SD 4s '30J&J b4.45 4.35 48 Viaduct Blount 1916 to '26 J&J b 4.10 4.05 Co 5s 1921, 1926, 430 Feb 1 1932 F&A b4.50 4.40 330 July 1916 to '21 _J&J b 4.10 4.05 1931, 1936 1941, 1951 J&J 4.75 430 Aug 1 1933 F&A b4.50 4.40 0 Milwaukee Co 48'16 '25M&S 4.05 Chattanooga' 58 1920 A&O 15 4.55 Salt L Co 430 '26op'16 F&A 4.50 Oshkosh 43%s 1916-34_ FtizAb 4.20 4.10 43%s Public Imp 1937_J&J 4.55 VERMONT 430 Racine 436s Ref'16-'30 F&A 4.20 4.10 Rfg Apr 15 '39A&015 4.55 Barre-33%s'22 op 1918.J&J 96 4s School 1916-1923_F&A 4.20 4.10 43%sSew&c Dec 30'41,J&D 4.55 Bennington-4s 1017.. __J&J '09_July 1 43%s 98 33%s Sch '19 op 4.20 4.10 Park 1942 M&N 4.55 Brattleboro-4s 1918___J&J 98 Racine Co 4s '16 to '23_ F&A 4.20 4.10 33%s Jan 1 1922 J&J 4.55 Burlington-4s 1919____J&J 99 Wausau-4s '18-'33 _A&O 4.20 4.10 Cocke Co Rd & Lige 1919, Middlebury4s'41op'21_M&N 98 WYOMING '24, '29, '34, '39____M&N 4.70 Viontpelier 4s '19 op'04.A&O 98 6.9 Insane Asy 1916-'21 _Jao 100 1003% Davidson Co 430'37 op F&A Rockingham-4s '16-'17.J&J 98 68 Pub Bldg 1919-'28_ July 103 105 4s Turnpike '22 op '12 J&JI __ Rutland-4s g 1924_ _ _M&N 99 Cheyenne 5s '31 op '11-..F&A 99 100 b Basis. I Flat price. n Nominal.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis 55 BANKS AND TRUST COMPANIES. Quotations in this department are given per share, not per cent, except for stocks of New York City, Brooklyn and Canadian institutions, and are as near as possible for the closing day of the month preceding the date of issue, though often are nominal. An asterisk (*) denotes sales. The letter (h). prefixed to a price indicates that the figures show the book value. Figures of deposits, capital and profits for tile national banks are from the Comptroller's last call; for all other insti- tutions they are the latest obtainable, direct returns being procured by us where no periodic statements are required. For the Clearing-House banks of New York, Philadelphia and Boston, deposits are taken from the latest weekly statement. Where Names are Printed In Italics Fuller Returns may he Found in the Advertising Columns

ALABAMA-Nat. banks Nov. 10; State institutions latest returns. CALIFORNIA-(Concluded.)

Surplus Gross Surplus Gross Capital. cf., Profits. Deposits. Par. Bid. Ask. Capital.

Birmingham- $ $ $ Per share. San Diego (Con. $ Per share. Amer Tr & Say Bk_ 500,000 419,549 3,817,933 100 150 160 Merchants' Nat Bk 100,000, 5576,967 51,721,303 Birming'm Tr & S_ 500,000 725,569 5,793,134 100 240 260 San Diego Say Bk_ 200,000, 426,726 3,828,118 First National Bank 1,500,000 1,734,417 11,727,414 Ion 230 245 UnitedStatesNatBk 100,000; 814,670 5437,180 Jefferson County Bk 500,000 13,067 1,766,712 100 103 110 Southern Tr & S B. 350,000 123,791 2,283,934 Traders' Nat Bank_ 250,000 86,717 1,416,441 10ii 130 150 San Francisco- Mobile- Per share. tmerican Nat Bank 1,000,000 5460,612 .5,982,092 100 130 Bk of Mobile, NBA 100,000 117,476 1,366,749 103 tnglo-London-Paris First National Bank 300,000 654,462 6,780,440 100 National Bank__ 4,000,000 1,889,544 36,824,716 100 135 Merchants' Bank__ 150,000 225,937 1,545,077 100 Bank of Calif, N A. 8,500,000 8,251,869 46,227,778 100 187 People's Bank 150,000 637,000 2,662,000 100 Bank of Italy 1,250,000 375,206 18,801,440 100 City Bank 393,433 3,181,553 100 Columbus S & LSoc 130,000 156,317 2,354,104 250 Nat 750,000 Per share. Montgomery- Crocker Nat Bank_ 2,000,000 3,249,017 29,105,057 100 300,000 116,027 684,189 100 116 115 BCo 650,000 255,500 2,153,600 100 Exchange Nat Bank 125 First Nat Bank_ _ _ _ 1,000,000 246,707 2,247,810 Ion 123 First National Rank 3,000,00051,865,221 817418,772 100 217M 220 500,000 217,064 2,525,981 100 123 125 French-Amer Bank Fourth Nat Bank 99 102 Bk 200,000 92 17,500 n700,000 100 of Savings 750,000 312,913 6,803,461 100 New Farley Nat 100 102 Alabama Bk&Tr Co 300,000 35,665 466,872 ion German S & L Soc. 1,000,000 2,674,072,57,166,621 1000 3550 Sullivan Bk elz TrCo 250,000 33,890 268,897 100 Humboldt Say Bk_ 600,000 483,434 7,429,979 100 105 rrra.. Ilk ,t. Tr no i no _ono 55.214 442,525 100 128 135 Mercantile Nat Bk_ 2,000,000 81,143,184 812503,573 100 220 Merchants Nat Bk: 1,500,000 271,390 5,038,302 100 ARIZONA-Nat. bank. Nov. 10; State institutions Nov. 10. Mission Say Bank_ 200,000 50,438 2,086,620 100 Mutual Say Bank_ 600,000 454,721 8,879,883 60 75 82 Phoenix- Per share. 200,000,1 8208,7821 51,196,798 100 Say Un Bk & Tr Co, 1,500,000' 2,501,303 35,546,695 100 237M Nat Bk of Arizona_ Seaboard Nat Bankl 500,000 8194,496 51,677,094 100 Phoenix Nat Bank_ 150,000' 227,242 2,110,608 100 100,000 78,931 769,869 Security Say Bank.. 500,000500,000, 488,462 3,787,773 250 345 Phoenix S Bkaz 'Fr_ 100 175 Bank _ 500,000 42,142 2,044,020 Wells Far Nev Natl 6,000,000: 5,094,560 37,998,689 Valley Anglo-Calif Tr Co_ 1,500,000' 448,717 10,464,803 100 106 114 - ARKANSAS-Nat. banks Nov. 10; State institutsons latest returns. First Federal Tr Co 1,500,000, 356,956 4,924,941 50 Per share Union Trust Co 1,200,000 1,779,002 24,889,119 800 Little Rock- Per share. 277,291 2,390,155 25 75 80 San Jose- Bank of Commerce 100,000 300,000, 221,734 2,811,395 100 200,000 47,279 621,200 100 120 130 Bank of San Jose England Nat Bank_ First National Bank 300,000, n300,042 n3,625,274 100 Exchange Nat Bk 300,000 255,629 1,984,126 100 160 170 3,126,748 100 117 San Jose S Delo 300,000 740,427 4,430,523 30 German Nat Bank_ 750,000 171,447 121 100,000 29,900 475,987 25 50 Security Say Bank'Bk- 100,000 78,610 1,440,400 People's Say Bank_ 83,000 403,600 Co____ 250,000 3,360 437,769 100 95 100 Security state Bank 100,000, Bankers Tr Gard C Bk & Tr Co 300,000; 333,539 2,301,925 100 German Tr Co_ _ _ _ 250,000 50,037 329,402 100 135 300,000 59,962 744,146 100 135 140 Stockton- Mercantile TrustCo 2,493,717 500,000 156,164 1,223,363 25 25 Comml & Say Bk_ 300,000 254,889 Southern Trust Co_ First Nat Bank__ __ 200,000' 344,862 1,105,126 Union Trust Co___ 250,000 238,647 1,532,714 100 190 200 Per share. San .roaquin Val Bk 264,300' 487,896 3,770,764 Pine BI uff- Stockton Say Bank 400.000 84,387 1,456,394 Citizens' Bank _ 300,000 156,147 639,248 CottonBelt S&T Co 100,000 53,172 310,334 CANADA-See last page. Merch & Plant Bk_ 175,000 219,591 1,201,746 25 Simmons Nat Bank 200,000 n71,547 n1,132,665 100 COLORADO-Nat bank. Nov. 10; State institutions latest returns. CALIFORNIA-Nat. banks Nov. 10; State institutions latest returns. Colorado S pgs - Per share Colorado Say Bank 50,000, 121,507 1,089,078 100 1 Per share. Berkeley- Colorado Spgs N B 100,000' /92,447 /649,078 100 Berkeley Bk of S& T 400,000' 308,912 4,561,1721 _ 200,000 242,937 1,311,149 100 162,270 2,744,439 El Paso Nat Bank_ First Nat Bank__ __ 300,000 Exchange Nat Bk_ _ 300,000 234,094 3,874,821 100 First National Bank 200,000 496,234 3,175,037 100 Fresno- Colo Title & Tr Co_ 300,000 97,612 1,331,183 100 Bank of CentralCal 200,000 108,765 553,154 Per share. 5374,429 Denver- Farmers' Nat Bank 300,000 51,495,215 , 74,027 4,095,962 I00 First Nat Bank ___ 500,000 5514,423 52,463,792 Central S Bk & Tr_ 300,000 City Bank & Tr Co 100,000 5,529 417,867 100 Fresno Nat Bank__ 200,000 5395,464 8798,861 17,667,979 100 Say 100,000 153,301 Colorado Nat Bank 500,000 1,549,820 People's Bank_ 1,897,242 51,273,363 812525,168 100 Union Nat Bank__ _ 150,000 5132,440 Denver Nat Bank_ 1,000,000 5742,218 Denver Stk Yds Bk 100,000i 94,717 826,372 100 Federal Nat Bank_ 200,000, /14,612 /1,038,239 Los Angeles- Per share. I no 400,000 138 First National Bank 1,250,000: 294,280 20,694,896 California Say Bk__ 91,177 2,981,868 100 81,459,261 1,500,000 728,919 240 248 Hamilton Nat Bank 250,000, 559,119 100 Citizens' Nat Bank 12,145,808 103 400,000; 5421,100 56,475,132 LOU Nat Bk 300,000 182,340 100 220 U S National Bank_ Commercial 2,900,794 German-Am Tr Co_ 500,000, 228,862 4,685,894 on Farmers' & MerNat 1,500,000 2,091,219 15,937,328 100 315 1,500,000 Hibernia Bk&Tr Co 100,0001 3,824 697,274 100 First National Bank 2,547,127 22,897,226 100 580 8,952,249 100 S B 1,000,000 1,272,427 100 335 350 International Tr Co 350,000 718,060 Germ-Am Tr de 19,301,963 Interstate Trust Co 200,000 44,972 1,604,162 Home Say Bank 1,000,000 37,099 6,007,670 100 137 150 Per share. 300,000 Leadville- Intern'l Say & Ex B 86,938 2,558,893 100 527,811 100 Say Bk_ . 325,000 53,258 125 American Nat Bank 100,000 27,930 Hibernian 3,603,650' 100 27,499 2,140,418 100 Merchants' Nat Bk 1,000,000 498,902 8,799,194 100 225 325 Carbonate Nat Bk_ 100,000 500,000 207,113 Pueblo- NatBk of California 5,942,193' 100 215 53,032,418 100 Security Nat Bank. 300,000, 261,991 First National Bank 300,000 5575,112 3,260,924' 100 Say & Tr 100,000 99,564 2,090,317 100 Security Tr & S Bk 1,800,0001 1,951,770 40,354,660, 100 365 400 Pueblo Co Traders' Bank _ _ _ _ 250,000 21,000 1,200,000 100 95 CONNECTICUT-Nat. banks Nov. 10; State institutions Nov. 10. Hellman Com T & S 750,000 275,681 5,666,243; 100 200 220 Citizens' Tr de S Bk 500,000 165,794 3,563,452' 100 Los Aug Tr & S Bk 1,500,000 1,641,751 20,044,377 100 Bridgeport- Per share. U S National Bank 200,000 106,727 1,359,055 100 155 City National Bank 250000250,000! 518,621 4,033,069, 100 220 Connecticut Nat Bk 332,1001 397,984 2,938,6711 100 195 Oakland- Per share. First Bridgeport N B 1,000,000 1,023,078 7,207,113 100 134 Central Say Bank__ 500,000 262,097 11,163,439 30 Bridgeport Tr Co_ 500,000 290,739 4,226,152 100 167 Central Nat Bank_ 1,000,000 1693,076 /3,008,707 Amer Bk & TrCo_ 100,000, 27,992 1,236,9531 100 100 Farmers' & Mar Bk 189,500 37,470 1,901,705 100 First National Bank 500,000 8140,000 83,000,000 100 Hartford- Per share. Oakland Bk of Say_ 1,250,000 1,532,374 24,369,559 75 Am Indusl B & TCo 100,000 107,409 1,029,069, 100 Security Bank ____ 423,500 56,864 1,592,277 20 City Bk Si Tr Co _ _ 440,000 171,676 1,724,315; 100 130 135 State Savings Bank 100,000 197,160 1,091,960 100 Conn River Bkg Co 150,000 326,512 2,854,590 30 130 Pasadena- First National Bank 650,000 566,793 4,159,8511 100 194 202 First Nat Bank_ _ __ 200,000 155,677 1,956,502 Hartford-Aetna N B 2,000,000; 1,972,099 11,188,298, 100 199 Nat Bk of Pasadena 300,000 514,855 52,295,807 National Ex Bank 500,000, 453,344 2,476,7311 50 82 Security Nat Bank_ 100,000 9,727 533,698 Phoenix Nat Bank_ 1,000,000, 760,299 9,229,248 100 197- 203 Union Nat Bank_ _ _ 100,000 5110,827 82,210,024 State Bank & Tr Co 400,0001 519,330 5,009,741 100 Crown City Tr & S B 200,000 3,995 694,462 I United States Bank 100,000 333,778 2,113,907 100 50') Pasadena Tr & S B. 200,000 158,743 2,362,667 Conn Tr & S D Co_ 730,000 859,939 6,398,593 100 360 Union Tr Si Say Bk 425,000 84,114 2,768,631 Fidelity Trust Co_ 1 100,000' 133,862 1,106,106 100 300 Sacramento- Per share. Hartford Trust Co.! 500,0001 627,744 4,190,639 100 400 California Nat 13k_ 1,000,000 368,873 7,570,279 100 Riverside Trust Col 150,000, 141,560 1,038,834 I GO 220 230 California Say Bk_ 100,000 70,749 1,332,056 Security Tr Co.. 200,000' 256,699 1,711,147 100 300 Farm & Mach S Bk 350,000 75,000 1,960,000 100 N B D 0 Mills & Co 500,000 970,445 5,273,198 New Haven- Per share. People's Say Bank_ 500,000 148,617 3,809,058 80 City Bank of N H. Merged in New Hay en Bk N B A Sacramento Bank__ 1,000,000 213,525 8,105,915 First National Bank' 500,000 5450,340 52,105,323 100 130 San Bernardino- Mechanics' Bank _ _I 300,000 5340,474 52,080,798 60 101 California State Bk 100,000 19,969 460,085 _ Merchants' Nat Bk! 350.000 5302,880 52,811,515 50 67 Farmers' Exch Nat 100,000 v62,500 v610,000: _ New Hay Bk NBA 1,200,00051,343,050 84,992,978 San Diego- Nat Tradesm's Bk 300.000, 5481,920 51,531,747 192 American at Bank 200,0001 5144,094 51,556,295 N H Co Nat Bank_ Merged in New Hay en Bk N B A Bk of Corn & Tr Co 500,0001 290,436 3,351,180 People's Bk & TrCo 272,3001 8104,629 51,988,092 r00 First _150,0001 8308,782 52,804,747 Second Nat Bank 750,000, 5803,634 82,279,631 100 193 Nat Bank._ 100 Marine Nat Bank.: 100,000, 520,000 5702,176 Yale National Bank 500,000 5125,361 52,162,399 133 1 Un & N Hay Tr Co 650.000 5554,165 82,686,224 100 185 • Sale Capital paid in; authorized amount is larger. b This is capital paid in; authorized amount is larger; when full paid, par value price. a t June 23. will also be increased. k Capital is to be increased. z Ex-slividend. h Ex-rights. cFigures are o! date March 41914. sSept. 2 1915. 1915. r March 4 1915. e May 19 1915. d Dec. 311914. n May 1 1915.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis 51i BANKS AND TRUST COMPANIES [VOL. 101.

Where Names are Printed In Italics Fuller Returns may be Pound in the Advertising Columns

CONNECTICUT-(Concluded.) ILLINOIS-Nat. banks Nov. 10 (close of business); State institutions Sept. 3 (opening of business), Surplus Gross Capital. & Profits. Deposits. Par. Bid. Ask. Surplus Gross Capital. dc Profits. Deposits. Par. Bid. Ask. Norwich- $ $ $ Per share. First National Bank In hand s of receiv er Aurora- $ Nom inal. Merchants' Nat Bk 100,000 34,497 277,679 IOC 105 Aurora Nat Bank__ 100,000 285,688 1,472,177 100 400 450 Thames Nat Bank_ 1,000,000 593,461 2,005,975 106 160 First Nat Bank__ 100,000 175,815 1,719,501 100 275 300 Uncas Nat Bank__ 100,000 30,127 392,393 100 100 German-Am Nat Bk 100,000 160,197 1,314,217 100 275 300 Waterbury- Per share. Merchants Nat Bk_ 100,000 168,470 1,538,623 100 275 300 Citizens' Nat Bank_ 300,000 167,490 2,165,673 100 135 150 Old Second Nat Bk 200,000 104,946 914,645 100 110 125 Manufac's' Nat Bk 200,000 169,767 2,855,095 100 175 200 Aurora Tr & Say Bk 100,000 3,697 142,150 100 Waterbury Nat Bk 500,000 447,170 2,564,257 50 80 82 Colonial Trust Co_ 400,000, 425,067 4,861,854 100 175 Ch icag o- Per sharo Merchants Tr Co_.., 100,000 41,624 1,077,557 103 110 Aetna State Bank.._ 200,000 25,171 588,796 105 115 200.000 Waterbury Tr Co _ _I 31,999 1,363,376 100 110 Amer State Bank. 400,000 151,907 1,936,098 100 190 198 Atlas Exch Nat Bk OF.LAWAR E-Vat banks Nov. 10; Slate institutions latest returns. 200,000 300,000 Austin State Bank.. 200,000 45,429 2,241,076 100 200 Wilmington Per share. Calumet Nat Bank -1i I 100,000 76,494 1,045,216 100 200 Central Nat Bank_ 210,000, 97,719! 811,086 100 110 120 Capital State SaYBk 200,000 v26,937 v547,918 100 107 110 Farmers' Bank_ __ _ 200,0001 81,7141 1,696,438 50, 100 110 Central Mfg Dis Bk 250,000 59,432 1,500,839 100 151 156 Nat Bk of Delaware 110,0001 143,9001 1,039,472 100, 200 215 Cont dc Corn Nat Bk_ 21,500,00011,552,127 208221708 101) 277 279 Union Nat Bank_ __ 203,175: 654,3901 2,926,180 25 80 84 Corn Exch Nat Bk 3,000,000 6,925,149 74,987.400 103 417 422 Delaware Trust Co 100,000; 137,589' 382,136 100 200 225 DepositorsSt&SBk_ 300,000 88,729 824,275 121 123 Equitab Gu & Tr Co 500,0001 806,149 2,732,206 1001 220 240 Drexel State Bank_ 350,000 v160,884 v3,003,412 101) 197 201 Security T & S D Co 600,0001 814,494 2,813,730 100. 220 240 Drovers Nat Bank. 750,000 439,317 9,869,616 100 220 230 Wilmington Tr Co. 1,000,000 681,404 7,468,102 50, 108 114 Englewood State Bk 200,000 38,592 1,370,557 100 163 168 First National Bank 10,000,000 12,664,474 143650936 100 468 472 01ST. OF COLUM -Nat. banks Nov. 10; other institutions Nov. 10. First Nat Englew'd 150,000 271,394 3,781,913 100 340 345 Foreman Bros Bg Co 1,000,000 v557,960 v14239962 100 Washington- 1 Per share. Ft Dearborn N Bk_ 2,000,000 837,580 32,117,986 100 225 228 American Nat Ilk__ 600,006 d238,982 d2,633,005 100 150 170 Garfield Pk St S Bk 200,000 v47,067 v1,096,311 130 134 Columbia Nat Bk_ 250,0001 312,239 1,770,184 100 255 Halsted St State Bk 200,000 v35,941 v661,392 1.00 126 130 Commercial Nat Bk 750,000' 571,571 6,325,791 100 193 Hibernian Bkg Assn 2,000,000 v1,428,676 v26983916 100 Bank of Com & Say 100,000 /35,250 /487,000 10 12 Hyde P'k State Bk_ 200,000 66,734 964,623 100 136 138 District Nat Bk_ __ 550,000 172,044 3,440,741 .00 133M ___ _ _ Kaspar State Bank 400,000 v292,767 v4,729,427 100 280 300 Farm & Mach Nat.. 252,000 €409,207 €1,167,962 100 246 Lake View State Bk 200,000 v6,029 v914,923 100 105 110 Federal Nat Bk___ 500,000 194,640 1,890,189, 100 135 Lawndale State Bk 200,000 88,717 1,160,430 100 260 265 Franklin Nat Bk__ 225,000 d38,776 d1,424,133 Lincoln State Bank 200,000 22,142 470,116 100 90 100 Home Savings 13k_ 100,000 271,069 4,796,787 100 385 Lire Stk Ex Nat Bk._ 1,250,000 601,864 11,898,716 222 225 Lincoln Nat Bank_ 300,000 155,747 2,036,249 100 160 Mech & Trad St Bk 200,000 v71,002 v1,066,441 100 126 130 Nat Bank of Wash_ 1,050,000 629,583 3,812,578 100 227 Nat Bk of Republic.. 2,000,000 1,280,099 23,814,649 100 168 172 Nat Capital Bank_ 200,000 253,707 884,185 100 220 ____ . National City Bank 2,000,000 969,314 31,035,042 100 161 162 Nat Met Bank_ ___ 800,000 595,979 4,634,156 100 190 Nat Produce Bank_ 300,000 78,277 2,445,797 100 167 171 Riggs Nat Bank_ __ 1,000,000 2,123,507 9,108,951 100 485 North Ave State Bk 200,000 v66,089 v2,354,391 100 100 110 Second Nat Bank__ 500,000 230,307 1,740,283 100 137 150 NoSideStateSaYBk 200,000 v22,160 v1,235,301 100 126 129 Amer Seen & Tr Co 3,000,000 2,345,982 8,948,312 100 259 270 North West State__ 300,000 78,199 1,612,410 100 153 155 Continental Tr Co.. 1,000,000 285,897 2,314,407 100 115% 120 Ogden Ave State Bk 200,000 v8,769 v420,857 100 Nat Say & Tr Co__ 1,000,000 1,305,537 6,987,742 100 250 People's Stock Y'ds Munsey Trust Co__ 2,000,000 467,991 3,880,376 State 500,000 v236,020 v4,798,988 100 280 285 Pioneer StateSay Bk Union Trust Co__ 2,000,000 452,589 3,516,403 100 120 1223 200,000 40,289 549,442 100 103 106 UnitedStatesSayBk 100,000 €23,976 €867,412 _ Roseland State S Bk 200,000 56,327 887,216 100 Wash Loan & Tr Co 1,000,000 1,245,419 6,587,380 100 231 Second Security Bk 200,000 63,007 1,241,916 100 1 Security Bank 400,000 228,937 3,275,582 100 250 255 So Chicago Say Bk_ 300,000 v196,464 v2,582,437 Pit)R1111,v- 100 220 225 vat. hanks Nov. 10; State institutions latest returns. South Side State_ _ _ 200,000 v40,719 v1,930,914 10') 138 143 Jacksonville- Per share. State Bk of Chicago 1,500,000 v3,351,219 v26615,647 (01) 399 402 Atlantic Nat Bank.. 350,000 872,958 7,308,711 100 Stock Yds Say Bk. 250,000 v294,886 v3,662,694 100 350 400 Barnett N B of Jack 750,000 759,646 6,031,465 100 Union Bank of Chic 500,000 v157,819 v2,331,221 100 145 150 Florida Bank__ 500,000 312,137 4,288,457 100 Washington PkN Bk 100,000 €37,664 €1,953,269 100 250 _ Nat Englewood- , Guaranty T & S B_ 100,000 49,239 448,275 100 West Heard Nat Bank__ 1,000,000 264,749 2,675,927 100 Ashland State Bk' 250,000 55,264 992,381 100 152 156 Tampa- West Town State Bk 200,000 v45,467 v872,907 114 120 €206,747 e1,335,033 Central Tr Co of Ill 4,500,000 v1,438,719 v48899,047 100 216 220 American Nat Bank 250,000 ChicCity Bk& Tr Co Bank of Commerce 100,000 220,000 550,000 500,000 489,883 3,230,797 100 250 260 €311,292 e1,952,385 ChicagoSBk&TrCo 1,000,000 v291,124 v7,428,871 100 140 143 Exchange Nat Bank 250.000 Title First Nat Bank_ __ _ 400,000 493,086 2,691,643 Chic & Tr Co. 5,600,000h3,161,003 100 Cont & Com T & S B 3,000,000 v1,868,645 v30078,202 100 GEORGIA-Nat. banks Nov. 10; State institutions latest returns. Drovers Tr & Say Bk 250,000 v259,444 v3,911,100 100 310 First Tr & Say Bk_ 5,000,000,v5,508,317 Atlanta-, Per share. v63097,998 100 Ft Dearb Tr & S Bk 500,0001 v153,669 v3,832,997 100 American Nat Bk__ 600,000 676,247 3,800,559 t001 192 198 Franklin Tr &. Sy Bk 300,000 165,826 1,388,144 100 155 159 Atlanta Nat Bank__ 1,000,000 1,370,932 7,393,317 100' 275 285 Greenebaum Sons' 541,702 4,043,130 Central Bk & TrCor 1,000,000 100 136 ,140 Bank & Trust Co 1,500,000 Fourth Nat Bank__ 600,000 1,067,141 7,693,874 100 280 285 v499,874 v5,056,240 100 Guarantee Tr & Say 200,000 70,179 538,714 100 135 140 Fulton Nat Bk____ 500,000 136,161 1,592,559 100 106 110 Harris Tr & Say 200,000 124,529 Bk 1,500,000 v3,040,227 v23218,064 100 450 600 Ga Say Bk & Tr Co_ 639,463 100 160 170 Home Bk & Tr Co _1 200,000 37,620 167,793 300,000 103,721 1,605,360 100 178 Germania Say Bank 100 100 105 Illinois Tr dr Say Bk 5,000,000 v10685512 v102587213 Lowry Bank__ 1,000,000 1,334,747 6,197,611 100 100 466 470 Nat 224 226 Kenw'd Tr & Say Bk 1 200,000 v156,174 v2,126,736 100 181 184 Third Nat Bank_ __ 1,000,000 979,199 5,407,329 100 218 225 500,000 52,524 Lakeview T & S Bk1 400,000 141,884 2,447,304 100 178 183 Atlanta Trust Co.._ 377,361 100 55 Liberty Tr 1,000,000 938,010 1,493,165 & S Bk_ 250,000 46,011 1,185,330 100 135 140 Trust Co of Georgia 100 225 230 Lincoln Tr&SavB _ 262,218 Augusta- 200,0001 34,105 110 120 Per share. Market Tr & Say__ 200,000:33,219 418,785 100 02 100 Augusta Savings Bk 50,000 48,736 679,961 100 140 Mercantile 450,000 Tr dr Say 250,000 63,105 1,601,016 100 152 156 Georgia RR Bank_ 600,000 3,390,000 100 150 Merchants L & Tr Co Merchants' Bank__ 200,000 299,366 917,306 100 3,000,000 v7,801,919 v73934,586 1130 434 437 150 160 Michigan Ay Tr Co 200,000 69,786 1,441,813 Citizens & Sou. Bk. Branchoffi ce see retu rn of bank und erSava nnah 109 102 110 Mid-City Tr &. S Bk 500,000 v165,962 v2,807,577 109 190 195 Nat Exchange Bank 400,000 250,247 1,215,476 100 125 130 Northern Tr Co Bk 50,000 210,000 1,000,000 1,500,000 2,711,912 31,581,022 100 266 270 Planters' L dr S Bk_ 10 40 45 Northwn Tr tir S Bk 300,000 Union Say Bank...._ 100,000 43,995 832,944 100 135 154,757 4,515,663 103 265 268 People sTr & Say Bk 500,000 v283,140 v8,273,070 100 280 285 Columbus- Per share. Pullman Tr& Say Mc 300,000 120,310 979,674 60 346,922 3,835,341 103 200 Columbus Say Bank 200,000 Sheridan Tr Say Bk 200,000 v61,284 Fourth Nat Bank_ _1 300,000 €105,912 €409,639 100 v1,862,689 100 160 165 Sou West Tr & Say 200,000 31,362 726,487 100 125 127 Home Sayings Bank' 100,000 4,358 368,373 100 Stand'rdTr& Say Bk 1,000,000 v456,449 v6,049,927 & Mech 438,654 100 156 160 March Bk_l 125,000 133,670 100 Stockmen's Tr S Bk 200,000 72,100 1,183,094 100 140 150 Nat Bk of Columbus, 200,000 d223,834 d293,299 100 Union Trust Co.. 1,200,000 v1,780,697 v27854,404 100 Third Nat Bank___; 250,000 d378,166 d507,891 100 W Side Tr & Say Bk 400,000 v151,907 v4,564,193 100 300 350 Macon- Per share. Woocil'n Tr& Say Bk 200,000 146,749 1,930,788 100 200 215 American Nat Bank 500,000 518,802 3,233,698 100, 150 155 Citizens' Nat Bank 250,000 146,313 1,423,732 100! 115 118 Elgin- Per share Fourth Nat Bank..., 300,000 318,686 2,828,907 100, 170 175 Elgin Nat Bank.... _ 100,000 s20,032 8559,443 100 Macon Nat Bank..1 150,000 19,399 363,721 100 72 75 First Nat Bank.._ _ _ 200,000 139,331 911,058 100 Central Trust Co_ _1 200,000 21,090 44,884 100 50 60 Home Nat Bank_ _ 150,000 182,192 943,952 100 Continental Tr Co..' 250,000 84,000 443,000 100 90 95 1 Union Nat Bank... _ 100,000 r25,000 r450,000 100 Macon Savings Bk_ 200,000 18,097 231,208 100' 85 90 ' Elgin City B'k'g Co 100,000 v189,509 v1,476,380 Savannah- Per share. Home Tr & Say Bk 100,000 v84,971 v948,196 100 Citizens'& SouthBk 1,000,000 1,187,226 7,749,942 100, 215 Commercial Bank_ I 100,000 41,762 485,366 100, 115 Peoria- Exchange Bank ___, 125,000 83,639 674,739 100' 165 Central Nat Bank_ 300,000 €277,744 €2,825,294 100 Germania Bank ___.1 300,000 381,624 1,321,472 1001 162 I Com'l Ger Nat Bk_ 750,000 €903,140 Hibernia €5,356,470 100 Bank of, Dime Say & Tr Co_ 250,000 186,767 1,871,584 Savannah 1 200,000 243,013 702,933 100 172 First Nat Bank....- 550,000 461,636 3,878,678 100 Merchants' Nat Bk, 500,000 215,273 598,534 1001 1083i Home Say & State_ 176,669 Nat Bk of 1,684,294 100 Savannah! 400,000 d692,956'd3,118,904 1001 210 Illinois Nat Bank__ Merged in Merchants & Ill Nat Oglethorpe Sav 1 13k. & Tr, 125,000 263,947 1,634,002 1001 195 1 State Tr & Say Bk_ , 200,000 62,437 917,173 SavannahBk&TrCo 630,000 667,494 2,687,351 1001 162 Merchants & Ill N 131, 500,000 €214,604 Citizens' Trust e3,977,333 100 Co_ : 150,000 62,346 407,107 1001 137 First Tr & Say Bk 1 150,000 v282,869 v2,260,176 100 nhatham 121.,t,7`,0,-. iknn nnn i nn nen 1 neo et', A 1 nnl 1001, Quincy IDAHO-Nat. banks Nov. 10; State - institutions latest returns. Illinois State Bank_ 150,000 16,522 1,220,590 Boise City- 1 Quincy Nat Bank.., 100,000 86,572 1,089,166 100 Boise City Nat Bk_ 250,000 224,933 2,811,190 100 Ricker Nat Bank_ 500,000 402,167 4,536,594 First Nat of Idaho_ 300,000' 395,314 2,435,410 100 Mercantile Tr tic S B' 200,000 83,342 1,050,889 Idaho Nat Bank_ __ 100,000 €24,683 €339,720 100 State Say L & Tr Co 1,000,000 525,361 5,162,599 Pacific Nat Bank.. _ 300,000 171,671 1,238,181 100 Overland Nat Bank 100,000 €20,767 €410,827 * Sale price. a Capital and surplus to be increased. b Capital to be increased. g Capital paid in; authorized amount is larger. x Ex-divi- dend. y New stock. These figures date Nov. 111915. dJune 23 1915. e Sept. 2 1915. 1 Last sale. n Oct. 311914.s May 22 1915. h Dec. 31 1914. r July 29 1915. t Oct. 19 1915.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis DEC., 1915.1 BANKS AND TRUST COMPANIES. 57

Where Names are Printed in italics Fuller Returns may be Found in the Advertising Columns IOWA-Concluded. ILLINOIS-Nat. banks Nov. 10; (close of business); State institutions Sept. 3 (opening of business). 1 Surplus Gross Capital. ,,t Profits. Deposits. Par. Bid. Ask. I Surplus Gross Sioux City- $ $ $ No minal prices Capital. & Profits. Deposits. Par .i Bid. Ask. Continental Nat Bk 100,000, e13,779 e306,471 . First National Bank 600,000 e160,467 e6,045,856 100 Rockford- $ $ $ Per 'share. Live Stock Nat Bk_ 100,000 e131,142 e2,118,209 100 Forest City Nat Bk 100,000 e166,576 e1,156,399 100, .*275 Nat Bank of Comm 100,0001 e22,572 e1,295,404 100 Manufrs Nat Bank 200,000 e73,161 e1,667,962 100; 1''1351 gorthwest Nat Bk_ 100,000, e110,590 e1,393,418 100 Peoples Bk & Tr Co 125,000 203,664 1,143,415 100! 1*250 Security Nat Bank_ 100 250,000 e290,949 e3,742,233 100 Rockford Nat Bank 100,000 e219,470 e2,172,750 4300 Woodbury Co S Bk 50,000. 112,114 1,340,622 100 Swedish Am Nat Bk 125,000 e40,462 e689,188 100 *125 warmers' L & Tr Co 500.000! 24.924 t1.539.238 100 Third Nat Bank__ 250,000 e235,958 e1,965,627 100' *200 Winnebago Nat Bk 250,000 e311,997 e1,611,657 1001 *200 KANSAS-Nat. banks Nov. 10; State institutions latest returns. Springfield= , Per share. Kansas City- Per share. Farmers' Nat Bank 200,000 e369,782 e2,135,974 100! Commercial Nat Bk 300,000 446,907 4,981,233 100 300 First National Bank 250,000 e231,504 e1,924,889 100' Exchange State Bk 100,000 124,549 1,208,681 100 250 Illinois Nat Bank.... 300,000 161,962 1,781,272 100 People's Nat Bank.. 200,000 30,037 895,731 100 110 Ridgely Nat Bank_ 300,000 e154,817 e2,252,341 100, Banking Trust Co_ 200,000 250,000 100 100 Sp'gfield Marine Bk 300,000 490,013 2,559,111 1001 Kansas Trust Co.... 125,000 110,926 342,000 100 250 State Nat Bank___ 200,000 e141,760 e1,418,602 -1 Topeka- FirstT&SB,Spri 100,000 92,932 721,967 _1 Bank of Topeka...... 310,000 240,709 2,727,590 100 Sangamon L&Tr Co 400,000 72,563 2,277,608 Central Nat Bank_ 200,000 121,031 2,425,395 100 Farmers' Nat Bank 100,000 33,363 461,358 100 Merchants' Nat Bk 100,000 117,469 1,753,679 100 INDIANA-Nat. banks Nov. 10; State institutions latest returns. Shawnee State Bk_ 60,000 36,067 668,150 100 Per share. State Say Bank _ _ _ 100,000 51,000 1,400,000 100 Evansville- Prudential Trust Co 100,000 68,297 470,722 100 Citizens' Nat Bank 400,000 228,869 4,476,739 100 City National Bank 350,000 e433,682 e4,004,310 100 KENTUCKY-Nat. banks Nov 10; State institutions latest returns. 8333,960 33,509,164 100 Old State Nat Bank 500,000 Covington- 100,000 86,707 1,463,129 100 Per share. West Side Bank_ _ _ Citizens' Nat Bank 200,000 167,440 1,340,631 I 175 180 Am Tr & Say Bank 200,000 114,116 1,341,326 100 100,000 55,949 1,301,361 First National Bank 600,000 180,033 2,543,838 100 145 150 Mercantile Tr & S B German Nat Bank_ 350,000 127,559 1,279,132 100 135 145 Fort Wayne- Per share. 500,000 233,067 4,471,718 100 Covington S B & Tr 100,000 45,007 634,066 100 140 150 First National Bank People's S 13k & Tr.. 100,000 31,870 568,384 100 100 Germ-Amer Nat Bk 260,000 117,494 3,064,957 100 300,000 309,879 3,440,191 100, Lexington- Per share. Hamilton Nat Bank Fayette Nat Bank.. 300,000 320,944 1,326,759 100 235 Old National Bank.. 350,000 222,247 3,837,744 100 200.000 30,334 1,507,578 50 First & City Nat Bk 800,000 481,512 1,704,391 100 192 19*.6 Citizens' Trust Co_ Phoenix& Third N B 800,000 196,520 1,484,563 100 145 People's Trust Co.._ 200,000 97,147 1,622,907 50 150 500,000 131,162 5,114,808 100 Second Nat Bank__ 150,000 118,349 483,277 100 190 'Fri-State L & Tr Co Louisville- Pershare. Indianapolis- Amer-Southern N B 800,000 70,922 6,484,119 Commercial Nat Bk 300,000 2,387 687,486 ____ 78 100 118 400,000 96,842 3,291,122 100 121 Citizens' Nat Bank 500,000 689,092 4,260,941 100 275 316 Continental Nat Bk First National Bank 500,000 186,576 2,024,782 Fletcher-Am N Bk_ 2,000,000 1,170,994 14,715,601 100 236 100 2,000,000 1,371,130 13,258,784 100 274 German Bank 250,000 593,974 4,328,147 1001 350 Indiana Nat Bank.. Germ Insurance Bk 250,000 550,124 150 Merchants' Nat Bk_ 1,000,000 1,093,160 7,259,724 100 240 5,112,211 501 165 1,000,000 269,663 2,993,614 100 125 German Secur Bank 179,000 187,910 1,091,734 100 189 National City Bank Kent Tit S B& T Co 350,000 69,099 People's State Bank 100,000 26,526 501,484 100 1,255,138 100 100 1,000,000 27,299 1,870,144 d50 50 55 Lincoln Say Bank.. 350,000 59,334 778,753 100 873 Aetna Tr & Says Co Loulsv Nat Farmers Trust Co.. 100,000 135,887 1,040,405 100 275 Bkg Co 250,000 129,223 1,937,887 100 135 16,081 796,832 Nat Bk of Comm.... 800,000 616,159 5,948,307 100 234 Fidelity Trust Co_ _ 100,000 100 105 Nat Fletcher Say dr Tr_ 1,500,000 307,667 9,523,228 100 180 Bk of Kentucky 1,645,000 1,592,874 5,875,967 1001 214 Indiana Trust Co__ 1,000,000 766,579 8,239,094 100 225 Southern Nat Bank 500,000 Consolidat d with Am or Nlat Ban Security Trust Co.. 325,000 15,697 1,298,742 1001 Stock Yards Bank_ 100,000 71,749 612,461 100' 160 600,000 652,747 2,551,135 100' Union Nat Bank...... 500,000 577,912 5,570,162 100 260 300 Union Trust Co_ __ Fidelity & Colum Tr 2,000,000 740,027 3,106,287 100 230 231 West Side Trust Co 100,000 14,011 342,698 100' 150 152 Terre Haute- Nominal prices Louisville Trust Co 806,100 240,207 1,627,670 100 300 United States Tr Co 350,000 112,445 759,046 100 133 First National Bank 500,000 641,022 2,673,784 1001 - Per share. McKeon Nat Bank 500,000 387,642 2,829,725 100' 180 Newport 165 German Nat Bank_ 100,000 100,263, 746,363 100 170 175 TerreHaute Nat Bk 300,000 165,869 1,559,987 100 Nat Bank 100,000 93,4671 566,552 100 200 United States Tr Co 500,000 113,882 2,794,436 100 135 Newport 1 LOUISIANA-Nat. banks Noe. 10; State institutions latest returns New Orleans- Per share • ! 111,165 1,622,203 IOWA banks Nov. 10; State institutions Bank of Orleans...... 100,000 100 250 -Nat. latest returns. Canal Bk & Tr Co._ 2,000,000 649,199 13,975,051 100 Burlington- Per short. Citizens'Bk & Tr Co 400,000, 162,032 2,333,968 100 128 Burlington Say Bk_ 100 000 34,462 1,014,426 100 110 City Bank & Tr Co 150,000; 80,146 1,960,576 100 139 First National Bank 100,000 n73,178 n809,400 100 y170 Commercial Nat Bk 300,000, 634,958 4,579,235 100 400 Germ-Amer Say Bk 150,000 450,000 3,080,000 100 300 Commercial Germ Iowa State Say Bk_ 200,000 309,074 3,405,723 100 x250 Trust & Say Bk 1,250,000! 876,140 10,651,731 100 225 Merchants' Nat Bk 100,000 e131,074 e1,588,631 100 225 It-State Tr & BCo 750,000 647,526 4,881,560 100 196 National State Bk_ 150,000 e174,409 e1,139,130 100 250 Metropolitan Bank 400,000 241,330 2,324,991 100 137 Cedar Rapids- No minal Prices Hibernia Nat Bank 400,000' v80,710 v1,116,2011 Cod Rapids Nat Bk 300,000 153,266 6,614,330 100 146 New Orleans N Bk_ 1,000,000, 718,167 5,226,3201 100 153 Cod Rapids Say Bk 200,000 138,000 2,306,000 100 165 S S Dp & Say Bk 100,000 155,397 1,404,1771 100 153 Iowa State Say Bk_ 100,000 26,161 1,168,156 100 126 Whitney-Cent N B.... 2,500,000 1,695,414 16,807,5601 100 221 475,964 2,125,000 17,590,7921 318 Merchants' Nat Bk 300,000 6,384,717 100 253 Hibernia Bk&Tr Co 1.500.0001 100 People's Say Bank_ 50,000 26,000 860,000 100 154 Whitney-Cent Tr & Security Say Bank_ 200,000 95,609 1,863,966 100 139 Sayings Bank 200,000 329,839 5,658,585 Amer Tr & Say Bk_ 100,000 110,000 2,000,000 100 231 Shreveport- share. Council Bluffs- Per share. American Bk&T Co 100,000 18,667 230,401 100 140 160 City National Bank 120,000 57,103 974,912 100 American Nat Bank 150,000 e35,922 e641,426 100 160 180 Commercial Nat Bk 100,000 e35,886 e650,964 100 Commercial Nat Bk 500,000 561,364 5,177,155 100 295 300 Coun Bluff Say Bk_ 150,000 188,362 2,381,943 First National Bank 500,000 254,919 2,580,263 100 200 First National Bank 200,000 c200,000 e2,500,000,_ First Say B & Tr Co 100,000 69,764 828,218 100 State Savings Bank 50,000 105,000 1,163,9141 100 Contin'l B & Tr Co 300,000 42,000 1,250,000 125 100 110 Davenport- Per share. Red Riv Val B & T 150,000 60,000 425,000 10 15 Davenport Say Bk_ 300,000 454,923 4,527,911 100 320 330 Farm & Mech Say_ 100,000 113,699 1,542,046 100 250 260 MAINE-Nat. banks Nov. 10; State institutions latest returns. First National Bank 200,000 236,334 2,950,760 100 290 300 Bangor- Per share. German Say Bank.. 600,000 936,907 10,711,527 100 400 405 First National Bank 300,000 330,797 1,442,112 100 150 Iowa Nat Bank..__ _ 150,000 260,994 2,301,607 100 285 290 Merchants' Nat Bk 100,000 267,370 878,956 100 300 Security Say Bank._ 50,000 33,323 507,351 100 100 105 Second Nat Bank.._ 150,000 492,525 731,294 100 315 Scott Co Say Bank.. 250,000 384,267 4,429,869 100 340 360 Eastern Tr& Bkg Co 175,000 557,017 5,045,351 100 335 345 Union Sayings Bk_ 200,000 181,909 2,816,331 100 310 315 Kenduskeag Tr Co.. 100,000 124,913 1,212,648 100 160 Citizens' Tr & S Bk 50,000 5,114 319,276 100 135 140 Merrill Trust Co___ 200,000 277,740 2,322,690 100 225 Des Moines- Per share. Portland- Per share. Cap City State Bk_ 150,000 49,598 1,783,014 100 Canal Nat Bank_ __ 600,000 e389,334 e2,283,622 100 104 106 Central State Bank 250,000 268,554 3,212,860 100 Casco Nat Bank..__ 400,000 e333,637 e6,103,331 100 103 104 Century Say Bank_ 100,000 16,577 1,343,301 WO Chapman Nat Bank 100,000 e46,510 e1,711,528 100 105 107 Citizens' Nat Bank 300,000 e151,371 e1,683,613 100 First National Bank 600,000 e497,007 e3,433,693 100 119 121 Commercial Say Bk 50,000 25,067 1,032,151 100 Portland Nat Bank 300,000 e475,080 e8,143,429 100 180 185 Des Moines Nat Bk 750,000 e175,407 e6,823,040 100 Fidelity Trust Co__ 400,000 530,110 8,534,500 100 205 207 Des Moines Say Bk 200,000 136,495 2,502,617 100 -- Mercantile TrustCo 100,000 132,591 1,402,469 100 150 160 Horne Sayings Bank 50,000 35,200 1,263,636 100 Union S D & Tr Co 250,000 304,264 736,746 100 180 190 Iowa Tr dr Say Bk_ 50,000 30,000 700,000 100 ----- Iowa National Bank 1,000,000 582,972 7,091,769 100 MARYLAND-Nat. banks Nov. 10; State institutions latest returns. Iowa State Bank__ 50,000 3,000 400,000 100 Baltimore- Per share. Mechanics' Say Bk 50,000 20,519 728,765 100 Bait Commer'l Bk _ 265,625 59,748 889,173 ------People's Say Bank._ 100,000 194,210 2,384,610 100 Calvert Bank 100,000 66,881 2,635,404 ou 70 80 State Sayings Bank 100,000 29,590 978,193 100 Canton Nat Bank.. 100,000 e28,000 e957,000 105 100 University State Bk 50,000 17,500 325,000 100 Citizens' Nat Bank 1,000,000 e2,163,564 el2150347 10 43 Valley Nat Bank__ 300,000 e238,624 e2,142,942 100 Commonw'Ith Bank 200,000 137,116 3,070,169 50 90 Valley Say Bank.._ 50,000 133,567 1,190,407100 Droy dr Mechanics' Iowa Loan & Tr Co 500,000 597,0791t 2,555,777 100 Nat Bank 600,000 543,21,1 7,603,818 109 210 221 Dubuque- Farm & Mer N Bk_ 650,000 296,111 3,320,699 40 45X 4(36 Citizens' State Bk_ 100,000 17,560 591,600 100 100 110 First National Bank 1,000,000 393,428 6,279,861 100 140 Dubuque Nat Bank 100,000 20,000 823,509 100 German-Amer Bank 300,000 166,447 1,462,927 100 108 Dubuque Say Bank 75,000 111,217 2,231,585 100 *210 German Bk of Bait 400,000 269,145 1,606,353 100 120 First National Bk_ 200,000 183,977 2,014,686 100 175 200 Mercantile Bank.._ 100,000 103,796 1,359,944 25 45 German Say Bank.. 150,000 71,449 1,074,131 100 115 120 Merch-Nlech Nat.... 2,000,000 1,959,097 18,695,849 10, 28 German Tr dt S Bk_ 150,000 150,000 2,050,000 100 125 130 Nat Bank of Baltim 1,210,700 408,727 7,719,807 100 156 Iowa Tr & Say I3k_ 300,000 185,429 1,661,365 1130 165 170 Nat Bank of Comm 500,000 599,8011 7,236,486 15 33 34 Second Nat Bank__ 300,000 180,121 1,264,164 100 *160 Nat Exchange Bank 1,500,000 974,198„ 100 147 151 1 *Sale price. a Capital and surplus to be increased. b Capital to be increased. x Ex-dividend. e Figures date May 24 1915 • May 20 1915. n July 24 1915. rApril 30 1915. 8 Oct. 28 1915. t Includes debentures. • June 23 1915. d This is amount paid in on shares, par value $100; we quote per share, not per cent. y Last sale. e Sept. 2, 1915.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis 58 BANKS AND TRUST COMPANIES [voL.

Where Names are Printed in Italics Fuller Returns may be Found In the Advertising Columns.

MARYLAND-(Continued. MASSACHUSETTS--(Continued.

Surplus Gross Surplus Gross Capital. Profits. Deposits. Par. Bid. Ask. Capital. Profits Deposits Par. Bid. Ask.

Bait. (Con.)- Per share. Holyoke- Per 41 share. Nat Marine Bank__ 400,000 189,227 2,769,494 30 39 City National Bk_ _ 500,000 189,507 2,049,396 100 115 118 Nat Un Bk of Md__ 1,000,000 608,730 2,678,495 100 133 139 Hadley FalisNatBk 200,000 169,224 1,259,357 100 140 150 Old Town Nat Bk_ 250,000 133,691 1,656,901 10 13 Holyoke Nat Bank.. 200,000 322,004 1,922,845 100 185 195 Second Nat Bank_ _ 500,000 1,081,599 1,353,916 100 200 Home Nat Bank__ 30 250,000 196,004 1,444,297 100 150 155 State Bk of Mary'd 500,000 158,078 2,547,719 25 Park National Bk__ 100,000 87,579 898,703 100 100 103 Western Nat Bank_ 500,000 567,884 3,227,749 20 36 38 Baltimore Trust Co 1,000,000 2,139,632 5,694,602 50 120 135 Colonial Trust Co_ 300,000 69,142 1,109,967 25 28 Lawrence- Per share. Continental Tr Co_ 1,350,000 1,587,329 5,971,812 100 170 Bay State Nat Bk_ 375,000 300 8143,632 81,175,000 100 175 Fidelity Trust Co_ _ 1,000,000 1,254,430 11,263,207 100 Arlington Trust Co 200,000 57,081 d1,006,363 100 125 M'di'd Tr Co 1,000,000 220,609 3,158,678 100 111 113 Lawrence Trust Co 100,000 50,387 d1,924,729 100 125 Merc Tr & Dep__ _ _ 1,500,000 3,274,687 15,906,674 50 210 Merchants' Tr Co_ 300,000 170,429 150 Equitable Trust Co 1,000,000 149,139 5,167,765 100 27 30 3,374,375 100 Bee Dep & Tr Co_ _ 600,000 2,652,349 11,632,403 100 600 Union Trust Co 500,000 250,497 3,058,381 50 69 72M Lowell- Per share. Appleton Nat Bank 300,000 226,247 1,229,241 100 103 105 Old Lowell Nat Bk_ share. 200,000 75,366 1,236,983 100 97 99 Frederick- Per Union Nat Bank__ 350,000 435,764 2,913,108 100 190 Citizens' Nat Bank 100,000 456,473 3,758,441 100 500 Wamesit Nat Bank 250,000 114,606 40 372,769 100 93 95 Far & Mach Nat Bk 125,000 155,732 1,524,867 25 Lowell Trust Co_ _ _ 237,700 85,867 1,580,000 100 88 90 Franklin Say Bank.. 93,295 32,507 555,200 100 110 Mid'sex S D & T Co 100,000 55,144 d420,376 100 95 100 Fred'k Co Nat Bk_ 150,000 90,571 805,188 15 22 Fr'k Town Say Inst k150,000 145,135 1,533,299 100 165 Central Trust Co_ _ 200,000 223,989 1,105,971 100 100 Lynn- Per share. Frederick Trust Co 100,000 25,000 161,403 50 Central Nat Bank.. 200,000 1370,362 /3,451,876 100 230 Lynn National Bk_ Absorbed by Lynn Safe Dep Co Manufac'rs Nat Bk 200,000 146,744 2,342,033 100 140 National City Bk.... 200,000 n168,782 n2,320,000 100 150 MASSACHUSETTS-Nat.bka.(exc.Boston) Nov. 10, State inst. latest rens. Essex Trust Co...... 250,000 350,755 1,822,000 100 225 Lynn S Dep & T Co 100,000 266,274 3,251,341 100 225 Security Trust Co.. Boston- Deposits of banks da te Nov. 27 1915 Per share. 200,000 301,340 4,285,704 100 200 Boylston Nat Ban) 700,000 323,461 4,063,000 100 125 130 Commercial Nat Bl 250,000 267,732 2,215,000 100 165 New Bedford- First National Bank 5.000,00011,893,067 99,778,000 100 425 427A Per share. First National Bk_ _ 1,000,000 8899,500 31,480,383 100 150 First Ward Nat Bk Merged in Metropol itan Tr Co Mechanics' Nat Bk 600,000 Fourth-Atlantic 8725,136 82,006,686 100 160 Merchants' Nat Bk 1,000,000 1,284,097 2,910,021 10)) 195 Nat Bank 1,500,000 1,593,729 18,239,000 100 205 215 N Bed S D tic Tr Co Hyde Park Nat Bk 100,000 886,269 8599,309 100 200,000 268,794 1,911,330 100 250 Merchants' Nat BI 3.000,000 3,309,888 55,765,000 100 290 295 Mutual Nat Bank Merged in Metropol itan Tr Co Peabody- Per share. Nat Rock Bk of Roy 300,000 655,954 h3,658,840 106 275 300 Warren Nat Nat Security Bank 250,000 1,029,163 1,974,000 100 400 425 Bank.. 200,000 8137,269 8991,408 100 115 Nat Shawmut Bank 10,000,000 7,801,449 114154 000 100 198 200 Per share. 1,262,307 11,430,000 Salem- No minal prices Nat Union Bank__ 1,000,000 100 195 200 Merchants Nat Bk Old Boston Nat B1, 900,000 363,920 2,530,000 100 130 140 200,000 8323,864 82,131,281 50 85 300,000 269,967 h3,039,834 Naumkeag Tr Co.._ 250,000 160,382 4,150,350 100 161 People's Nat, RoxL. 10(1 140 145 Salem S D & Second Nat Bank_ 2,000,000 3,399,632 34,787,000 100 300 305 Tr Co_ 200,000 114,029 983,566 100 150 Web&Atlas N't Bk 1,000,000 1,332,288 7,587,000 100 210 215 2,507,514 18,531,665 Springfield- American Trust Co 1,000,000 100 355 360 Chapin Nat Bank.. _ Beacon Trust Co__ 600,000 975,966 12,840,165 100 225 250 500,000 261,507 2,347,890 100 133 140 3,133,637 14,991,087 Chicopee Nat Bank 400,000 423,260 4,303,355 100 170 175 Boston S Dep & Tr 1,000,000 100 Springfield Nat Bk_ Charlestown Tr Co 200,000 31,837 d1,244,259 100 500,000 794,027 5,521,485 100 230 240 55,000 856,000 Third Nat Bank...... 500,000 791,443 7,055,210 100 230 235 Columbia Trust Co 100,000 100 Commercial Tr Co 350,000 Comm'w1th Tr Co 1,000,000 702,507 17,902,069 100 190 195 108,863 546,682 118,064 d2,889,155 100 Springfield S D At T, 500,000 855,916 5,827,383 100 230 235 Cosmopl'n Tr Co__ 200,000 Union Trust Co___, 500,000 754,729 Dorchester TrCo_ _ 200,000 76,314 d3,062,041 100 9,428,478 100 275 295 Exchange Trust Co 600,000 418,725 14,219 100 150 160 1,000,000 450,490 6,959,894 100 130 135 Taunton- Per share. Federal Trust Co_ _ Bristol Co Nat Bk_ 500,000 44,172 Fidelity Trust Co_ _ 750,000 208,863 2,593,826 100 926,387 100 103A 1,000,000 1,137,964 d11994 179 100 Machinists' Nat Bk, 200,000 157,292 565,624 100 150 International Tr Co Taunton Nat Liberty Trust Co__ 200,000 309,478 3,445,482 100 256 260 Bank 600,000 234,120 838,061 100 106 Market Trust Co__ 250,000 227,387 d1,651,651 100 140 150 Massachus'ts Tr Co 500,000 305,363 4,538,785 100 Worcester- Per share. Mattapan DAcT Co 100,00 158,310 1,411,469 100 200 I Mechanics' Nat Bk 200,000 356,467 6,269,579 100 190 Metropolitan Tr Co 300,000 312,044 3,585,676 Merchants' Nat Bk 750,000 719,809 8,626,633 100 185 195 New Eng Trust Co_ 1,000,000 3,189,439 23,063,777 100 Worcester Nat Bk_ 400,000, 469,760 5,796,889 100 220 Old Colony Tr Co_ _ 6,000,000 6,414,649 103057 719 100 258 260 Worcester Trust Co 1,000,000 559,249 11,080,290 Inn 220 230 Old South Tr CO_ _ _ 200,000 40,000 1,100,000 100 110 120 Paul Revere Tr Co_ 200.000 64,300 2,260,698 100 120 130 Prudential Tr. Co. 200,000 50,000 d102,510 100 MICHIGAN-Nat. banks Nov. 10; State institutions Nov. 10. Puritan Trust Co__ 200,000 204,917 d2,603,758 100 State St Trust Co_ _ 1,000,000 1,759,124 20,006,819 100 Tremont Tr. Co-- 200,000 51,954 1,008,557 100 Bay City- Per share. 13 8 Trust Co 300,000 1,497,171 d6,928,026 100 Bay City Bank 250,000 284,293 2,292,285 150 People's Commer- Beverly- Per share. cial & Say Bank.. 300,000 1302,167 /3,487,028 100 Beverly Nat Bank_ 300,000 202,705 1,416, 47 100 150 Brockton- Per share. Detroit- Per share. Brockton Nat Bank 300,000 292,124 3,202,301 100 150 Amer State Bank_ 250,000 66,194 3,795,525 100 170 Home Nat Bank_ _ _ 500,000 339,972 3,475,043 100 140 Central Say Bank .._ 500,000 150,769 7,643,177 100 235 Plym'th Co S D & T 100,000 42,742 2,273,591 100 125 Detroit Say Bank__ 750,000 1,209,305 13,698,351 100 285 Dime Says Bank__ 1,000,000 974,331 22,329,876 100 260 270 First & Old Nat Bk_ 5,000,000 2,734,827 47,005,938 100 180 Cambridge- Per share. German-Amer Bk.. 500,001 143,089 5,202,092 100 197 Cambridge Tr Co_ _ 100,000 178,266 2,176,313 100 Federal State Bank 250,000 74,193 1,005,879 100 __ 120 Central Trust Co_ _ 200,000 341,214 4,485,511 100 Merchants' Nat Bk 1,000,000 338,438 6,709,270 100 162 107 Charles Riv.Tr. Co. 200,000 207,942 1,423,762 100 Michigan Say Bank Consolidated with W ayne Co H ome Say Bk Harvard Trust Co_ 200,000 267,841 2,393,422 100 Nat Bk of Com'ce_ 1,000,000 788,594 17,990,368 100 209 Old Detroit Nat Bk Merged in First &Old Nat Bank Peninsular State Bk 1,000,000 602,917 17,875,209 100 270 E. Cambridge- Per share. People's State Bank.. 2,500,000 3,535,294 50,872,011 100 264 Lechmere Nat Bank 100,000 v167,494 v561,313 100 United Sayings Bk 500,000 151,821 5,313,050 100 220 Wayne CoHoSayBk 2,500,000 3,380,021 35,958,761 100 340 Detroit Trust Co__ 1,000,000 2,015,496 g6,777,114 100 357A 410 Fall River- Per share. Security Trust Co_ 500,000 858,962 93,454,246 100 251 Fall Riv Nat Bank.. 400,000 306,224 2,321,030 100 130 Union Trust Co___ 1,000,000 650,871 93,934,938 100 175 179 First National Bk _ _ 400,000 473,990 1,663,465 100 200 Mass-Pocasset Nat 650,000 488,022 2,898,931 100 157 Metacomet Nat Bk 750,000 353,168 1,509,190 100 118 Grand Rapids- Per share. Durfee S Dep & Tr.. 400,000 500,607 2,528,876 100 200 City Tr & Say Bank 200,000 89,989 1,353,243 100 Com'cial Say Bank 200,00(1 113,790 2,227,692 100 220 Fitchburg- Per share. Fourth Nat Bank.... 300,000 293,622 3,604,768 100 220 Fitchb'g Bk& Tr Co 500,000 231,329 3,518,938 100 145 150 Gr Rap Nat C'y Bk 1,000,000 500,976 6,622,037 100 165 Safety F'd Nat Bk_ 200,000 339,041 2,300,410 100 175 180 Gr Rapids Say Bk_ 250,000 189,224 4,531,492 100 250 Kent State Bank__ 500,000 593,589 7,425,312 100 250 Gloucester- Old National Bank.... 800,000 988,329 7,087,038 100 189 192 Cape Ann Nat Bk_ 150,000. 132,657 1,113,406 100 People's Say Bank.. 100,000 136,382 1,941,268 100 250 Cape Ann Say Bk 358,439 2,943,510 Grand Rapids TrCo 300,000 165,974 9211,092 100 150 Gloucester Nat Bk_ 100,000 115,385 627,308 100 Michigan Trust Co 200,000 794,329 9903,924 100 750 Glou S D & Tr Co__ 200,000 356,847 3,931,205 Saginaw- Per share. Haverhill- Per share. Bank of Saginaw__ 500,000 897,721 8,861,342 100 350 360 Essex Nat Baak___ 100,000 114,174 1,229,752 100 Commercial Nat Bk 100,000 116,910 966,893 100 230 First National Bk_ _ 200,000 290,025 1,896,679 100 German-Am St Bk_ 100,000 64,017 1,210,782 100 200 225 Haverhill Sat Bk... 200,000 422,306 1,674,119 100 People's Say Bank_ 100,000 122,719 1,099,103 100 200 Merchaots' Nat Bk 200,000 187,006 1,562,699 100 Second Nat Bank__ 500,000 662,170 5,527,133 100 225 Merrimack Nat Bk 240,000 8291,989 81,065,477 100 Haverhill Trust Co 200,000 90,340 d1,867,158 100 *Sale price. a Capital to be increased. b New stock. d Includes savings depogits. e Capital paid in; authorized amount is larger. k This is the so-called "weekly deposits," now forming capital on which dividends are paid. z ET-.11vidend. 1 Last sale. n Oct. 28 1915. v March 4 1915. 1_June 23 1915 h Nov. 10, 1915. g Includes trust deposits. o June 11914. a Sept. 2 1915.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis DE0.,1915.] BANKS AND TRUST COMPANIES 59

Where Names are Printed In Italics Puller Returns may be Pound In the Advertising Columns.

MINNESOTA-Nat. banks Nov. 10; State institutions latest returns. MONTANA-Nat. banks Nov. 10. State institutions latest returns. Surplus Gross Capital. ct Profits Deposits Par, Bid. Ask. Surplus Gross Capital. & Profits Deposits Par. Bid. Ask. Duluth- $ $ Per share. Amer Each Nat Bk 500,000 1,954,551 10,040,875 100 460 1 Butte- $ ! Per share. City Nat Bank_ _ 500,000 306,700 3,411,716 100 125 : First Nat Bank...... 300,000' 472,210 .5,988,876 First National Bank 500,000 2,257,164 12,763,742 100 500 Miners S Bk & T Co 200,000 62,317 799,010 Northern Nat Bank 250,000 136,822 2,059,099 100 130 Silver Bow Nat 13k_l 200,000 /26,511 /644,556 Daly Bank & Tr Co 100,000 446,669 4,195,652 100 Minneapolis- Per share. Helena- Nom mat. East Side State Bk _ 100,000 37,268 842,883 100 x120 130 Amer Nat Bank_ _ _ 200,000, 253,597 2,321,991 100 First & Secur Nat Bk 5,000,000 4,758,744 61,609,559 100 285 Nat Bk of Montana 250,000; 197,333 2,883,616 100 German-Am Bank _ 200,000 234,402 3,218,780 100 x225 Conrad Tr & S Bk_ 200,000, 94,674 2,225,725 Hennepin Co Say B 250,000 265,2681 6,108,306 100 250 Union Bk & Tr Co_ 250,000; 371,079 2,804,278 100 Merch&Man St Bk 100,000 45,4931 962,675 100 145 150 Metrop Nat Bank_ 300,000 88,729 1,650,678 100 z125 NEBRASKA-Nat. banks Nov. 10; State institutions latest returns. 4,000,000 2,961,321 44,338,471 100 260 270 Northwest Nat Bank Lincoln- Per share. St Anth'y Falls Bk_ 200,000 113,860 2,105,667 100 x150 i 1,000,000 247,049 9,630,457 100 x172 Central Nat Bank 150,000 63,844 1,367,722 100 Scandinav AmNBk 100 Bk 100,000 68,765 1,240,934 100 250 City Nat Bank 250,000 98,015 2,118,112 South Side State First Nat Bank _ _ 500,000 341,562 3,480,710 100 Union State Bank_ 100,000 60,782 1,118,736 100 x140 523,264 3,322,428 100 Nat Bk of Com'ce 200,000 139,917 1,659,770 100 Minn L'n & Tr Co_ 1,000,000 Omaha- Per share. City Nat Bank__ Merged in State B ank. St. Paul- Corn Each Nat Bk_ 300,000 112,441 1,700,612 100 145 160 American Nat 13k_ _ 400,000 148,652 3,455,154 100 126 263,494 6,905,151 100 150 160 First Nat Bank...... 500,000 .1,165,839 s12413,951 100 350 400 Capital Nat Bank__ 300,000 225 1 3,000,000: 2,804,160 48,159,421 100 Merchants' Nat Bk 500,000 s864,222 .7,527,955 100 First Nat Bank_ _ Nebraska Nat Bank 200,000 s92,979 s2,232,929 100 125 :150 Merchants' Nat Bk 2,000,000 1,877,287 24,976,594 100 250 166,781 2,061,061 100 152 Omaha Nat Bank_ _ 1,000,000 984,044 13,329,431 100, 215 227 Nat Bank of Comm 400,000 300,000 100,000 141,127 1,738,338 100 233 State Bank 54,633 1,523,141 100 116 125 Scandinav Am Bk_ U S National Bk 1,000,000 803,900 12,981,970 100 225 300 Stock Yards Nat Bk 300,000 103,247 2,598,740 100 150 250,000 246,674 1,966,958 100 200 South Omaha- Per ,share. Capital Tr & Say Bk Live Stock Nat 13k_ 200,000 82,993 2,308,894 101) 180 225 Nov. 10; State institutions c.test returns Stock Yds Nat Bk_ 750.000 763,291 6,562,494 100 212 240 MISSISSIPPI-Nat. banks 200,000 d120,000 d2,250,000 share. Packers Nat Bank_ 100 112 116 Jackson- Per Capital Nat Bank_ 200,000 186,164 1,096,269 1001 NEW HAMPSHIRE-Nat. banks Not. 10 Citizens' Say Bk&T 50,000 24,729 396,348 153,466 891,822 Manchester- Per share. First Nat Bank._ __ 100,000 Amoskeag Nat Bk _ 200,000 409,697 2,335,793 100 Jackson-State N Bk 200,000 59,970 930,616 _ 81,643 1,113,261 First Nat Bank..... 150,000 /197,562 /932,477 100: Merch Bk & Tr Co_ 250,000 Manchester Nat Bk 150,000 r184,690 r1,890,126 1001 Merchants Nat Bk _ 150,000 /152,6811 /592,181 1001 VIcksbu rg- Nomi nat. Amer Bk & Tr Co__ 150,0001 8,649 460,745 100 NEW JERSEY-Nat. banks Nov. 10. State institutions latest returns. Citizens' Nat Bank 100,000; s48,032 8164,345 100 Co_ 50,000' 75,279 974,040 100 Atlantic City- City Say & Tr 50,000 /544,163 /1,838,536 First Nat Bank_ ___, 300,000 /163,466 /781,102 100 AtlanticCityNatBk Bk..1 100,000 48,800 215,000 100 Boardwalk Nat Bk_ 200,000 69,397 .738,093 Home Savings 895,724 81,100,921 Merchants' Nat Bki 100,000: 402,841 920,904 100 Chelsea Nat Bank_ 100,000 Second Nat Bank.. 100,000 274,162 1,295,681 MISSOURI-Nat. banks Nov. 10; State institutions latest returns. Union Nat Bank.... 100,000 /147,055 /807,672 City- 1 Per share. Atlantic SD & Tr Co 150,000 475,000 2,550,000 Kansas 407,062 2,481,992 City Centre Bank.. _ 100,000, 18,210 326,761 100 110 112 Guarantee Trust Co 600,000 N Bk 250,000 292,731 4,327,692 100 300 Equitable Trust Co 200,000 97,669 984,210 Com'wealth 191,240 Drovers' Nat Bk_. 500,000 261,506 8,758,424 100 240 Marine Trust Co 100,000 1,431,329 First Nat Bank_ _ 1,000,000 2,531,037,28,772,399 100 550 Bayonne- 200,000 65,4601 1,983,029 100 140 Bayonne Trust Co_ 100,000 262,000 2,107,193 Gate City Nat Bk_ 275,114 4,626,704 It-St Nat Bank__ 500,000 1,287,386,1 9,134,667 100 550 Mechanics' Tr Co 200,000 116,7021 8,481,327 100 110 130 Bridgeton- Nat Reserve 13ank_ 1,000,000 251,667 1,275,112 1,000,000 582,829113,736,380 100 240 Bridgeton Nat Bk 100,000 New Eng Nat Bank 150,000 546,104 1,851,700 Each Bank 100,000, 49,201 861,069 100 177 Cumberland Nat Bk Produce B 150,000 75,376 569,754 Security Nat Bank 200,000 93,587 1,008,007 100 127 Farm & Mer Nat Cumberland Tr Co_ 125,000 145,688 978,220 Southw Nat Bk of Per share. 1,181,69731,255,081 100 200 205 Camden- Commerce 3,000,000 169,222 2,264,945 100 190 200 Traders' Nat Bank 200,000 07,966 2,975,551 100 149 151 Camden Nat Bank._ 100,000 69,299 1,449,193 100 155 First Nat Bank_ ___ 200,000 300,664 3,244,143 103 170 175 Stock Yds Nat Bk_ 200,000 100 205 210 100,000, 180,000 1,434,955 100 395 National State Bk_ 500,000 559,767 5,496,711 Western Each Bank 7,719,909 25 103 115 Westport Ave Bk_ 100,000 74,544 568,344 100 270 Camden S D & TCo 500,000 920,390 1,000,000 933,819 14,466,428 100 256 Broadway Tr Co__ 100,000 126,976 1,344,766 109 215 225 Commerce Trust Co I Fidelity Trust Co... 1,000,000 1,161,376 9,145,151 100 n330 Central Trust Co__ 100,000 307,417 1,834,533 25 35 90 Pioneer Trust Co.._ c267,50(1 378,151 2,576,519 100 250 Merchants' Tr Co_ 100,000 60,649 753,189 100 135 140 Fidelity Says Tr Co 250,000 52,622 2,098,062 100 Security Trust Co 100,000 188,096 2,592,788 100 275 285 West Jersey Tr Co. 100,000 125,272 996,296 100 205 210 St. Joseph- Per share. East Orange- Burnes Nat Bank_ _ 200,000 134,267 2,219,922 100 East Orange Bank 50,000 41,776 761,930 First National Bk_ 500,000 341,966 3,687,094 100 People's Bank 100,000 116,848 1,562,396 German-Am N Bk. 200,000 212,479 4,468,408 100 Essex County Tr Co 200,000 212,337 4,486,192 Yds Bk 200,000 110,000 2,200,000 100 Elizabeth- Per share. St Jos Stk 50 150 Tootle-Lemon N Bk 20,0o(l 205,547 3,766,859 100 Elizabethport B Co 50,000 98,517 1,801,690 Co_ _ _ 50,cool 19,874 1,002,881 100 National State Bk 350,000 794,663 3,696,470 50 140 First Trust 561,900 100 Missouri Val Tr Co 100,7 34,630 850,376 100 Elizabeth Tr Co_ 100,000 19,097 Union Co Trust Co 300,000 354,863 5,308,034 100 310 Per share. Hoboken- Per share. St. Louis- 92 100 Baden Bank 100,000, 16,512 543,038 1001 125 First Nat Bank...... 220,000 659,290 5,652,947 25 2,000,004 1,280,069 17,200,068 100! 150 Second Nat Bank.. 125,000 317,072 4,824,053 100 390 Boatmen's Bank_. 235 Bremen Bank___ _ 200,000 583,414 3,477,223 100, 315 325 Hoboken Trust Co 100,000 176,230 2,083,084 100 Cass Ave Bank__ _. 100,000 115,220 1,458,6251 1001 210 215 Hudson Trust Co.. 500,000 1,500,109 17,143,110 100 625 675 Central Nat Bank 1,000,000 72,785 7,974,1931 1001 90 95 Jefferson Trust Co. 200,000 134,479 1,551,217 100 160 Chippewa Bank 100,0001 97,733 1,542,484 100 235 Trust Co of N J._ 600,000 875,079 17,816,121 103 350 390 Franklin Bunk_ 600,000! 762,783 5,688,476 100 295 Jersey City- Per share. German-Amer Bk_ 1,000,000 714,667 5,830,834 100 199 Claremont Bank 100,000 62,000 950,090 100 180 German Say Inst__ 1,500,000, 1,393,384 11,241,409 1001 First National Bank 400,000 1,271,811 8,103,922 109 325 Grand Ave Bank... 100,000 58,804 1,369,099 100 Hudson Co Nat Bk 250,000 3778,507 83,761,199 100 350 375 Internat 13k St L.._ 500,0001 393,449 4,314,193 100 200 Merchants' Nat Bk 200,000 s60,537 s1,169,938 100

Jefferson Bank_ 200,000 19,869 1,734,187 100 108 Comm'i Tr N 1,000,001) 2,515,284 19,263,267 100 375 Lafayette Bank 200,000 936,415 4,459,381 100 650 Greenv 13k & Tr Co 100,000 82,173 1,718,773 100 27.5 300 Bank 100,000, 32,927 564,541 100 120 Lincoln Trust Co.__ 150,000 388,051 2,953,489 100 300 Lowell 185 Manchester Bank.... 250,004 105,852 1,795,758 100 175 Mercantile Tr Co_ 100,000 73,000 2,498,953 100 Nat Bk_ _ 2,000,000 2,748,986 32,425,717 100 260 N J T flu & Tr Co_ 1,000,000 1,152,081 8,325,177 100 290 Mec-Amer 150 1200 Mercantile Nat Bk. 1,500,000 577,634 4,462,133 100 Union Trust Co _ _ _ 300,000 248,591 3,700,000 109 Merch Laclede Nat 1,700,001) 1,934,566 14,584,912 100 Long Branch- Nat Bk of Com'ce_ 10,000,000 2,219,297 43,753,698 100 98 NO" Citizens' Nat Bank 100,000 8191,762 8645,393 Night & Day Bk_ 150,000 16,053 521,565 100 First Nat Bank 50,000 3201,114 s1,125,295 Northwest'n Bank_ 200,000 594,237 4,889,949 100 300 310 Long Branch Bkg Co 100,000 30,000 376,950 South'n Com & Say 100,000 220,097 1,705,349 100 300 Morristown- Per share. South Side Bank 500,000 350,909 5,084,147 100 250 First Nat Bank_ 200,000 209,166 3,811,801 10; State Nat Bank.... 2,000,000 918,186 11,645,968 100 188 190 National Iron Bk _ 200,000 92,059 2,131,163 50 Third National Bk_ 2,000,000 2,019,702 31,700,122 100 237 American Trust Co 150,000 46,566 429,549 10') Union Station Bk_.. 100,000; 30,682 975,238 100 160 Morristown Tr Co_ 600,000 911,004 7,724,031 un American Tr Co.._ 1,000,000! 237,647 5,961,597 100 Mt. Holly- B'way Say Tr Co . 100,0001 89,347 901,389 100 165 Mt Holly Nat Bank • 100,000 79,977 347,331 Chouteau Trust Co 100,000,1 29.,099 402,172 100 115 125 Union Nat Bank_ _ _ 100,000 124,297 739,848 City Trust Co_ __ 100,0001 10,144 412,309 100 Farmers' Trust Co_ 200,000 67,360 792,927 Easton-TaylorTrCo 100,000, 25,190 270,393 100 Newark- Per share.

Farm & Mer Tr Co_ 100,000 89,060 1,372,278 100 200 American Nat Bk 300,000 76,470 2,697,322 100 110 Jeff-Gravois Tr Co.. 100,0001 23,222 844,534 100 105 115 Br'd & Market N B 200,000 70,967 1,265,029 loo loo I 100,000 15,214 386,179 100 Essex Co Nat Bk 1,000,000 1,713,579 10,526,943 50 150 1 Laclede Tr Co 2,738,813 250 ; Meramec Tr Co 50,000 14,015 250,451 100 Mfrs' Nat Bank_ 350,000 444,071 100 3,000,000 7,007,837 28,373,453 100 340 343 Merchants' Nat Bk 500,000 759,977 4,859,563 1001 255 ! Mercantile Tr Co.._ 185 ;190 Miss Vail Tr Co_ _ _ 3,000,000 5,279,874 19,864,328 100 284 Nat Newark BkgCo 1,000,000 1,954,787 10,866,787 50, 100,000 57,223 1,057,487 100 155 National State Bk_ 500,000 562,181 3,430,854 50 110 '115 Nor St L Say Tr Co 1 St 2.500,000 2,675,162 31,214,431 __ North Ward Nat B 200,000 384,799 4,362,825 100' 370 L Union Bank _ _ 14,421,999 1 345 1355 St L Union Tr Does no banking business 100 343 350 Union Nat Bank___ 1,500,000 2,519,438 100 Co.. 82,9901 1,418,304 1•30 I Savings Trust Co.. _ 100,000 5,740 536,729 100 105 115 City Trust Co 100,000 180 50,000 9,257 279,571 100 75 Clinton Trust Co 100,000 75,667 1,168,640 100 150 I Vandeventer Tr Co 6,056,612 200 1 West St L Tr Co 100,000, 29,567 574,847 100 110 120 Federal Trust Co.._ 1,000,000 1,396,5351 100 Fidelity Trust Co 3,000,000 3,214,274 24,067,969 103 395 1400 Ironbound Tr Co.. 200.000 264,037 3,327,293 109 230 1240 •Sale price, a Figures of date May 1 1915 cCapital paid in; authorized amount is larger. q Amount paid in. k New stock. z Ex-dividend. sSept. 2 1915. 'Capital to be increased d Nov. 11915. e Sept. 30 1915. n Including Fidelity Say.& Tr Stock. /Last sale. r June 22 1915. tJune 23 1915. v March 4 1915,

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis 60 BANKS AND TRUST COMPANIES [VOL. 101.

.0 f Printed in Italics Fuller Returns May be Found in the Advertising Columns.

NEW JERSEY (Concluded.) NEW YORK-(Continued.)

Surplus Gross Surplus Gross Capital. & Profits. Deposits. Par. Bid. Ask. Capital. de Profits. Deposits ,Par. Bid. Ask. Newark(Con.) Per share. N. Y. City (Con.) $ Per cent. Newark Trust Co_ _ 100,000 60,000 1,361,215 100 140 Chatham & Phenix Spr'grld Av Tr Co_ 100,000 47,387 723,449 100 110 120 National Bank__ 3,500,000 2,181,500 61,572,000 100 202 205 Washington Tr Co _ 100,000 65,000 700,000 100 160 Chelsea Exch Bk_ _ 400,000 170,100 t2,873,400 10 124 135 West Side Tr Co.._ 200,000 400,036 3,089,266 100 260 Chemical Nat Bank. 3,000,000 8,093,644 35,905,000 10 395 405 New Brunswick Per share. Citizens' Cent Nat.. 2,550,000 2,617,100 26,824,000 10 170 180 Nat Bank of N J_ 250,000 569,049 4,176,492 100 285 290 City Bank, Nat'l__ 25,000,000 34,658,887 423810000 10 *486 *500 People's Nat Bank_ 100,000 190,019 1,318,777 100 275 280 Coal it Iron Nat Bk_ 1,000,000 685,297 8,469,000 10 165 170 New Bruns Tr Co__ 100,000 106,234 2,017,867 100 200 210 Colonial Bank 400,000 807,486 8,634,000 10 451, Passaic- Per share. Columbia Bank...... 300,000 653,090 7,614,000 10 300 325 Passaic Nat Bank.._ 200,000 464,807 2,388,162 100 275 Com'ce, N Bk of.... 25,000,000 18,030,299 232235000 100 *177 178 Hobart Trust Co.._ 100,000 143,547 1,568,671 100 Corn Exchange Bk_ 3,500,000 6,736,721 95,654,000 10 325 330 Passaic T & S D Co 200,000 205,017 4,746,212 100 Cosmopolitan Bk.... 100,000 19,700 t703,000 10 100 People's Bk&Tr Co 200,000 297,307 2,919,255 100 East River Nat Bk_ 250,000 77,000 2,598,000 2 75 82 Paterson-. Per share. Fidelity Bank 200,000 188,300 1,144,000 100 140 155 First National Bank 500,000 707,100 3,595,671 100 260 270 . Fifth Avenue Bank 100,000 2,240,200 16,812,000 4300 000 Paterson Nat Bank 300,000 482,479 2,962,298 100 300 Fifth National Bk_ 250,000 404,727 5,073,000 100 250 0 Second Nat Bank.._ 150,000 312,604 4,138,234 50 230 First Nat Bank__ _ _ 10,000,000 22,064,169 172870000 100 *906 Paterson Say Inst 1,000,000 315,309 13,656,346 100 380 Garfield Nat Bank.. 1,000,000 1,274,049 9,755,000 100 185 195 Citizens' Trust Co_ 150,0001 221,239 2,482,975 100 255 German-Amer Bk_ 750,000 795,400 5,921,000 75 125 140 German Am Tr Co._ 150,000 391,203 3,767,743, 100 400 German Exch Bank 200,000 795,417 3,968,000 100 375 400 Hamilton Trust Co 400,000 450,000 4,750,0001 100 390 Germania Bank _ _ 200,000 999,701 6,177,000 100 425 75 PatersonSD&TrCo 300,000 420,830 3,685,904 100 340 360 Gotham Nat Bank.. 200,000 169,192 n4,432,006 100 190 Silk City SD&T Co 200,000 169,447 1,931,303 100 220 235 Greenwich Bank._ _ 500,000 1,193,912 11,893,000 100 265 80 Plainfield- Hanover Nat Bank.... 3,000,000 15,484,237 144107000 100 625 635 City Nat Bank____ 150,000 6314,161 2,989,295 Harriman Nat Bk_ 500,000 1,044,707 n22608168 100 330 350 First Nat Bank__ _ _ 200,000 6192,482 v2,904,334 Impor & Trad Nat.. 1,500,000 7,794,492 31,212,000 100, 490 500 Plainfield Tr Co_ __ 100,000 289,164 5,405,868 International Bank 500,000 135,700 t3,024,800 100 State Trust Co____ 100,000 61,020 768,169 Irving National Bk 4,000,000 3,959,124 71,245,000 100 174 179 Trenton- Liberty Nat Bank_ 1,000,000 3,112,361 69,125,000 10 *7924._ Broad St Nat Bank 250,000 421,671 2,628,721 100 195 Lincoln Nat Bank.. 1,000,000 1,926,189 17,334,000 100 310 330 First Nat Bank_ _ _ _ 500,000 469,439 3,392,604 100 197 ManhattanCo,Bk of 2,050,000 4,939,000 54,770,000 5 305 315 Mechanics' Nat Bk 500,000 1,106,735 6,552,966 50 238 Market & Fulton Trenton Bkg 500,000 689,814 3,070,364 50 110 Nat Bank 1,000,000 1,976,747 9,771,000 101 243 253 Mercer Trust Co_ _ 100,000 111,446 1,396,064 100 Mech & Metals Trenton T & S D Co 200,000 277,263 3,305,784 100 National Bank.... 6,000,000 9,283,017 141453000 10!: 265 275 Merchants' Nat Bk 2,000,000 MEXICO-Nat. banks May 1, 1915. 2,278,700 29,892,000 5 173 179 NEW Metrop's, Bk of the 1,000,000 2,134,000 14,739,000 10'' 300 315 Ishare. Albuquerque- Per Metropolitan Bank 2,000,000 2,113,519 10,375,000 III, 175 185 First Nat Bank____I 300,0001 66,144 3,499.826 1001 Mutual Bank 200,000 470,136 5,010,000 100 325 _ New Neth'land Bk_ 200,000 250,200 3,545,000 100 210 225 N Y Co Nat Bk 500,000 1,288,600 9,946,000 NEW YORK-Nat. Wm (except N. Y. City) Nov. 10; State inst. Sept. 25. 10( 725 825 NYNBA,Bk of.. 2,000,000 4,833,212 38,185,000 10! 370 385 Albany- Per share. Pacific Bank 500,000 1,000,510 5,077,000 329008 220 First Nat Bank..___ 600,000 423,9191 7,706,036 100 150 155 Park Bank, Nat.. 5,000,000 15,663,244 146888000 1011'5 405 Mach & Farmers__ 250,000 1,079,092 1,60 ,481 100 565 People's Bank 200,000 438,300 2,557,000 2f. 220 235 Nat.Commercial Bk 1,000,000 1,789,823 24,719,814 100 280 290 Produce Ex Bk N Y 1,000,000 956,900 14,293,000 101 200 _ N Y State Nat Bk_ 500,000 618,717 22,769,012 100 275 285 Public Bank 750,000 349,400 t9,959,400 1 Of 125 200 Albany Trust Co__ 400,000 299,556 8,364,085 100 160 170 Seaboard Nat Bank.. 1,000,000 2,888,039 42,119,000 1()• 410 430 Union Trust Co__ 250,000 548,455 5,482,631 100 325 Second Nat Bank 1,000,000 3,225,779 14,070,000 100 395 425 Security Bank Absorbed by Centur y Bank Auburn- Per share. Sherman Nat Bank 200,000 a103,200 a2,488,000 10' 125 135 Cayuga Co Nat Bk 200,000 289,429 1,595,144 25 State Bank 1,500,000 505,617 23,312,000 [Of 125 135 Nat Bk of Auburn_ 200,000 133,443 1,580,682 100 Twenty-third W Bk 200,000 116,100 12,429,900 t()/ 100 135 Auburn Trust Co.._ 150,000 157,299 2,307,191 Union Exch Nat Bk 1,000,000 1,058,062 11,316,000 100 134 140 Wash H'ts, Bk of.... 100,000 385,100 1,560,000 10i, 275 Binghamton- Per share. Westchester Ave Bk 100,000 70,400 1909,000 101 160 175 City National Bk__ 200,000 239,247 1,312,894 100 185 187% West Side Bank._ 200,000 683,400 4,566,000 10t 400 450 First Nat Bank____ 400,000 a231,901 a2,773,425 100 1723's 175 Yorkville Bank._ 100,000 521,400 5,988,000 101, 475 550 People's Tr Co..___ 500,000 125,546 3,330,977 100 150 152 Astor Trust Co...... 1,250,000 1,339,630 27,499,764 100 *387 Bankers Trust Co_ 10,000,000 13,594,200 213571 100 IOC *184 Brooklyn-Depo sits of Broo klyn banks are reporte d net and are of Broadway Trust Co 1,500,000 903,733 20,061,637 100 144 150 date Nov.27 19 15. Surpl us and pro fits are of date Nov. 10 Central Trust Co 3,000,000 16,326,367 132070 277 100 1150 1200 1915 for Nation aland Sept. 25 for Stat e Banks. , Per cent. Columbia Trust Co 2,000,000 7,568,240 68,746,670 100 515 525 Bank of Coney Isl'd 100,000 53,101 t933,300 100 140 Commercial Tr Co_ 500,000 111,100 3,472,200 lOn 100 Bank of Flatbush__ 100,000 43,000 t 1,037,300 100 134 142 Empire Trust Co 1,500,000 1,373,900 31,870,100 100 292 300 First National Bk__ 300,000 686,791 4,593,000 100F 255 265 Equitable Trust Co 3,000,000 9,184,309 107500 851 100 445 455 Greenpoint Nat Bk 200,000 a156,800 a1,159,800 100 115 130 Farmers' L & T Co_ 1,000,000 6,674,967 140715 109 25 1150 Hillside Bank 100,000 27,300 t614,000 100 100 115 Fidelity Trust Co.._ 1,000,000 1,317,739 9,937,761 100 197 203 Homestead Bank 200,000 50,240 t680,400 100 90 Fulton Trust Co.. 500,000 649,800 8,366,600 100 270 300 Mechanics' Bank.... 1,600,000 722,669 18,090,000 5C 120 130 Guaranty Trust Co 10,000,000 23,186,300 326742 100 100 685 700 Montauk Bank__ 100,000 14,900 /621,600 100, 85 110 Hudson Trust Co 500,000 619,860 3,741,298 100 130 Nassau Nat Bank__ 1,000,000 1,121,944 8,440,000 100 195 205 Lawyers' Title & National City Bank 300,000 657,139 5,186,000 50 270 280 Trust Co 4,000,000 5,090,220 16,065,079 100 114 120 North Side Bank__ 200,000 , 3,581,000 100 170 185 Lincoln Trust Co.._ 1,000,000 541,400 11,989,200 100 103 _ _ _ People's Nat Bank.. 200,000 a157,770 a1,772,700 100, 130 140 Metropolitan Tr Co 2,000,000 6,293,900 48,840,300 100 405 415 Ridgewood Nat Bk 100,000 a76,000 a1,758,000 100. NYLIns&TCo 1,000,000 3,820,300 34,843,900 100 990 1010 Brooklyn Trust Co_ 1,500,000 3,605,640 32,327,787 100 480 500 New York Trust Co 3,000,000 11,119,167 55,998,996 100 590 610 Mfrs-Citiz's Tr Co_ 1,000,000 287,004 11,465,977 100 137 142 Title Guar & Tr Co 5,000,000 12,045,500 33,382,000 100 395 400 Franklin Trust Co.. 1,000,000 1,105,900 19,637,800 100 245 255 Transatlantic Tr Co 700,000 433,429 3,743,327 100 155 Hamilton Trust Co 500,000 1,050,988 7,644,015 100 265 275 Union Tr Co of N Y 3,000,000 4,782,600 76,788,100 100 355 365 Kings Co Trust Co_ 500,000 2,564,300 20,870,800 100 630 650 U S Mort & Tr Co_ 2,000,000 4,201,787 62,069,109 100 387 400 People's Trust Co__ 1,000,000 1,438,000 21,245,600 100 280 287 S Tr Co of N Y.._ 2,000,000 14,438,017 68,038,831 100 *1101 Jamaica, L./.- Buffalo- Per share. Bank of Long Isl'd_ 750,000 482,600 8,066,400 100 Bank of Buffalo__ 1,000,000 1,517,790 16,742,627 100 275 First Nat Bank.. 100,000 al5,400 a753,260 109 Central Nat Bank_ 1,000,000 658,115 5,214,873 100,h200 Queens Co Trust Co 600,000 70,100 2,221,300 100 80 Citizens' Bank__ 200,000 295,959 5,120,269 100 240 German-Amer Bk_ 500,000 630,526 13,124,677 100I 275 Rochester- Per share. Me.nuf & Trad Nat 1,000,000 1,785,576 30,015,365 100 400 Alliance Bank 275,000 478,362 8,115,651 10u 250 _ Marine Nat Bank.... 5,000,000 4,670,397 51,180,620 100 310 325 Central Bank 250,000 338,486 6,916,989 100 230 40 Market Bank 100,000 69,099 1,626,464 100 160 Merchants' Bank 300,000 367,982 5,660,670 10I, 205 210 People's Bank 600,000 736,249 10,169,769 100, 210 Lincoln Nat Bank_ 1,000,000 1,601,076 15,503,868 UM 210 215 Third National Bk_ 500,000 a222,896 a4,422,357 100 140 Nat Bank of Corn.... 750,000 a778,682 a9,363,326 100 170 174 Un Stock Yds Bk__ 250.000 98,369 3,147,972 100 135 150 Traders' Nat Bank_ 500,000 497,749 6,898,834 100 160 175 Bankers Trust Co__ 1,000,000 260,327 6,211,913 100 175 200 Fidelity Trust Co 200,000 6275,000 09,031,149 1(fl 250 Buffalo Trust Co__ 250,000 160,417 4,537,448 100 185 200 Genesee Val Tr Co.. 400,000 6114,544 v8,443,768 100 160 Commonw'Ith TrCo 500,000 137,110 8,055,764 100 160 175 Roch Tr & S D Co_ 500,000 v742,069 v22183,724 100 350 Fidelity Trust Co.._ 500,000 495,194 12,469,661 100 250 300 Security Trust Co.. 300,000 6495,279 el3992,149 100 450 Elmira- Per share. Union Trust Co 500,000 458,520 10,113,682 lUt 180 195 Merchants' Nat Bk 150,000 a72,944 a801,071 100 Second Nat Bank._ 400,000 527,667 3,991,698 100 Syracuse- Per share. Chemung Can T Co 600,000 600,319 4,973,000 100 City Bank 500,000 169,179 3,018,251 Commercial Nat Bk Merged in Syracuse Tr Co IOU New York City- Deposits of N. Y. City banks .are reported net and First Nat Bank...... 1,000,000 646,217 8,610,172 100 are of date Nov. 27 1915 Surplus an d profits ar e of 'date No;. 10 Merchants' Nat Bk 180,000 298,301 1,500,131 100 1915 for Nation al and Sept. 25 for State Banks. A divi dend record Nat Bk of Syracuse 600,000 471,847 5,728,541 100 of banks and trust comp anies in N ew York City an14 Brooklyn Salt Springs Nat Bk 200,000 122,552 1,988,265 100 may be found in our "Ry. and Ind. Sec., page 187 1 Third Nat Bank 300,000 233,741 2,095,680 100 America, Bank of.... 1,500,000 6,118,705 38,477,000 10055G Central City Tr Co 300,000 299,802 1,377,893 Am Exch Nat Bk__ 5.000,000 4,995,262 102489 000 100 208 215 Syracuse Trust Co._ 300,000 437,030 7,049,504 100 Atlantic Nat. Bank 1,000,000 817,700 11,394,000 100 175 180 Tr & D Co of Onon_ 1,000,000 643,237 14,492,681 100 Bank of Europe___ 150,000 24,8004 2,188,000 100 Bank of U 8 200,000 65,600 t 2,046,600 100 500 Troy- Per share. Battery Pk Nat Bk 200,000 167,0721 2,724,000 100; 145 165 Manufac'rs Nat Bk 150,000 711,571 9,335,463 100 525 _ Bowery Bank 250,000 765,700, 3,474,000 1001 400 National City Bk.... 300,000 a270,597 a3,783,162 100 170 172-- Broadway Cent Bk 100,000 36,600 t847,300 Nat St Bk of Troy._ 250,000 a378,002 a2,662,636 100 220 25 Bronx Borough Bk_ 150,000 52,1891t1,903,362 100 225 260 People's Bank 100,000 132,099 870,298 10 214 16 Bronx Nat Bank_ __ 200,000 a270,900 01,128,400 100 160 175 Union Nat Bank...._ 300,000 a138,184 a1,977,868 5 118 20 Bryant Park Bank_ 200,000 144,100 t 1,362,000 100 135 145 United Nat Bank 240,000 a429,462 a872,921 100 300 05 Butch & Drov Nat_ 300,000 79,100 2,043,000 25 100 115 Security Trust Co_ 200,000 6158,014 62,857,976 100 190 195 Century_Nat Bank.. Merged in Chatham 1& Phenix Nat I Bk. Troy Trust Co 200,000 6103,566 61,525,640 106 120 125 Chase National Bk 5,000,000 10,012,717 222021 000 100 *601 1 *Sale price. b Capital and surplus to be increased. 4 Capital paid in; authorized amount is larger, h Book value. k Capital to be increased. x Ex-dividend. c May 1 1915. e June 30 1915. I Last sale. t Sept. 25 1915. sJuno 23 1915. r July 28 1915. o Sept. 9 1913. h New stock. a Sept. 2 1915. n Nov. 10 1915. p Aug. 2 1913.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis DEC. 1915.1 BANKS AND TRUST COMPANIES 61

Where Names are Printed in Italics Fuller Returns May be Found in the Advertising Columns

NEW YORK-(Concluded.) 01-110-(Concluded.)

Surplus Gross Surp'ua Gross Capital. & Profits Deposits Par. Bid. Ask. Capital. ,t Profits Deposits Par Bid. Ask. Per share. Utica- $ Cleveland (Con.) $ Per share. 1,000,000 1,589,639 4,984,286 50 143 146 Clark Ave Say Bk_ 100,000 18,176 848,217 100 y122 First Nat Bank____ 220 225 Oneida Nat Bank__ 600,000 899,162 2,215,725 100 Cley Say & Loan Co 250,000 136,148 1,188,129 100 300,000 406,150 1,342,927 100 225 230 Columbia S & L Co 100,000 96,149 1,907,091 50! Second Nat Bank__ 50 52 Utica City Nat Bk_ 1,000,000 379,297 3,390,603 50 F'irat Nat Bank____ 2,500,000 2,148,036 46,740,540 100' 216% 500,000, 518,220 6,397,063 100 275 285 Garfield Say Bk Co 250,000 348,220 5,600,000 ' Of! y225 Citizens' Trust Co_ 375 385 Utica Tr & Dep Co_ 400,000 455,461 9,130,339 100 Ger-Am Say B Co.. 50,000 97,112 1,925858;920255 0501. - Per share: Lincoln Say & Bkg_ 50,000 29,002 Watertown- 190 City National Bank loclopooi e103,507 e854,838 100 Lorain St Say BkCo 200,000 157,717 2,353,182 51 200 Nat B 250,0001 e305,712 e2,215,983 100 240 National City Bank 500,000 646,441 5,239,772 101. 207 Jefferson Co Watertown Nat Bk 200,000 310,094 1,231,030 100 250 Nat Commercial Bk 1,500,000 1,139,327 5,842,407 100 160 North'n N Y Tr Co 400,000 474,336 3,524,395 100 250 1 Pearl St S & T Co.... 200,000 412,560 5,294,314 50 Westchester Co Per 'share. People's Say Bk Co 500,000 556,622 5,989,639 200 220 Mt Vernon-lst N_ 200,000 108,058 3,007,490 100 United Bk & Say Co 500,000 311,855 7,229,366 100 275 285 Mt Vernon Tr Co 200,000 337,476 3,331,183 100 Union Nat Bank___ 1,600,000 1,218,087 16,950,864 100 152 New Rochelle- W Clevel'd Bkg Co 100,000 1,537 665,000 50 Nat Cty Bank__ 200,000 81,690 3,094,207 100 B'way Say & Tr Co 300,000 511,718 6,975,956 100 250 North Ave Bk___ 50,000 32,922 312,008 Citizens' S & Tr Co 4,000,000 3,617,279 49,762,583 100 253 Huguenot Tr Co_ 150,000 62,023 562,285 Cleveland Trust Co 2,500,000 2,865,637 38,8,31,876 100, 250 255 N Rochelle Tr Co 200,000 71,860 2,728,141 100 First Tr & Say Bk 1,250,000 221,617 12,343,121 __ 275% Ossining-1st Nat.. 100,130a £79,019 t310,197 100 Guardian Say & Tr 2,000,000 2,264,271 27,522,535 100 228 230 Ossining Nat Bk_ 100,000 33,644 825,287 100 L Sh Bkg & Tr Co_ 200,000 219,788 8,249,046 100 300 • Peekskill- State Bkg & Tr Co_ 250,000 155,000 3,030,092 100 y130 Westch Co Nat__ 100,000 £373,382 £3,461,479 50 Super'r S & Tr Co.. 500,000 1,125,000 10,500,000 100 310 Pleasantville- Union Say & L Co_ 750,000 263,991 853,065 100 125 Mt Pleasant Bk_ 50,000 s22,966 8644,082 WoodI'd Av S & Tr 350,000 473,336 5,876,209 100 N 100,000 £206,896 £700,970 100 Columbus- Per share. Port Chester-1st 130 135 Trust Co 300,000 80,682 1,408,589 100 Capital City Bank_ 100,000 37,186 615,290 100 90 100 Mutual 100 Rye-Rye Nat Bk._ _ 50,000 876,855 8683,696 Central Nat Bank_ 200,000 21,749 1,298,213 100 801 90 Tarrytown Nat Bk_ 100,000 8129,130 8667,219 100 Citizens' Tr & Say.. 700,000 158,997 3,448,711 100 102 1105 White Plains- City National Bk.... 300,000 134,663 3,650,985 100 145 ;155 Bank..__ 100,000 839,829 8890,945 100 Columbus Say Bk_ 50,000 71,077 684,735 100 Citizens 100 Cent Bk West Co 100,000 s148,065 8735,083 Commerc'l N Bank 300,000 358,522 3,623,119 100 230 240 County Trust Co 100,000 143,504 1,763,114 100 Fifth Ave Say Bk.... 25,000 34,712 516,943 100 First Nat Bank__ 100,000 63,867 1,098,633 100 Hayden-Clin N B__ 700,000 622,269 4,570,158 100 225 1250 Tonkers-lst Nat__ 300,000 78,092 2,124,491 100 Huntington Nat Bk 400,000 136,207 2,539,434 100 Yonkers Nat Bk_ 200,000 s72,620 81,149,491 109 Lincoln Say Bk Co_ 40,000 2,662 265,264 100 Westches'r Tr Co 300,000 235,667 3,282,145 100 140 Market Exch Bank 100,000 119,409 1,303,166 100 200 '220 100 140 160 institutions latest returns. Nat Bk of Com'ce_ 200,000 129,923 1,978,002 NORTH CAROLINA-Nat. bks. Nov. 10; State New First Nat Bk_ 500,000 503,344 5,243,702 100, 225 250 Charlotte- Ohio National Bank 400,000 499,609 6,441,358 100 240 260 250,000.1 236,289 1,403,415 100 16”,6 Charlotte Nat Bk__ 1001 State S Bk & Tr Co 400,000 135,344 1,954,160 101.11 110 120 Nat Bk 500,000, 442,808 1,258,152 166 Dayton- Per share. Commercial 200 First Nat Bank.... _ _ 300,000 458,727 871,698 100 City National Bank 200,000 318,770 2,062,091 100 298 & Farm N Bk. 200,000 278,579 1,135,163 100 200 Dayton Nat Bank_ 300,000 189,207 1,267,897 10Q 155 Met 100 200 Union Nat Bank_ _ _ 100,000, 122,210 966,628 First Say tic Bk Co_ 100,000 66,286 936,207 1001 American Trust Co 350,0001 325,969 1,306,736 10 165 Fourth Nat Bank.... 600,000 380,897 1,658,239 100 yy115521 Independ'ce T* Co.. 500,000 200,921 897,417 1081 136 110,770 1,163,611 138 Merchants' Nat Bk 200,000 100 i Southern L & S Bk 50,0001 60,876 236,117 101 175 Teutonia Nat Bk__ 200,000 106,667 678,165 10Q, y140 Durham- Third Nat Bank__ 400,000 298,879 1,794,857 100 Citizens' Nat Banki 100,000'. 110,426 735,224 Winters Nat Bank_ 500,000 309,117 1,250,053 100 ' I'1685 Fidelity Bank 100,000' 489,062 2,221,720 City Tr & Say Bk.... 100,000 29,888 640,038 100 First Nat Bank.._ _ _ 150,000! 222,731 2,049,951 100 Dayton Say & T Co 300,000 350,000 5,052,864 100 200 .205 Home Say Bank_ 50,000! 34,096 445,019 Toledo- Per Aare. Merchants' Bank 100,0001 50,047 373,350 Com Say B & Tr Co 200,000 31,397 2,425,988 100, ,y100 Greensboro- Dime Say Bank Co 204,300 112,403 2,706,915 50; 145 150 Amer EKCI1 Nat Bk 400,000 69,589 e1,604,646 100 y110 First Nat Bank _ _ _ 500,000 1,205,207 5,816,768 106 310 Greensboro L & Tr.. 200,000 70,087 1,592,287 100 y115 Home Say Bank Co 250,000 292,637 3,204,370 100 y230 Greensboro Nat Bk 100,000 e44,894 e514,223 100 y125 Market Say Ilk Co_ 134,300 23,834 983,283 100 110 Textile Bank 25,000 22,019 232,674 100 y150 Mer & Cl'k S Bk__ 150,000 276,271 1,947,954 100 310 Raleigh- Per share. Nat Bk of Com'ce_ 1,000,000 358,097 8,253,609 100, 134 135% Citizens Nat Bank. 300,000 e90,306 el,074,091 100 160 Northern Nat Bk _ _ 1,000,000 551,309 5,447,031 100 156 '163 Commq Nat Bank_ 300,000 135,307 1,457,412 100 130 Ohio S Bk & Tr Co 850.000 364,270 7,939,835 100; 137 .141 Merchants' Nat Bk, 100,000 118,467 2,520,679 100 200 Second Nat Bank.... 1,000,000 1,860,697 8,223,083 10() 268 ;275 Raleigh Bkg&TrCol 100,000 53,715 655,676 100 150 Secur S B & Tr Co. 250,000 127,167 3,201,950 100. 150 Wilmington- Per share. Spitzer-Ror T & Bk 300,000 34,139 1,573,009 106 125 American Nat Bank 250.000 57,834 1,692,829 100 100 105 Tol Say Bk & Tr Co 300,000 477,290 2,736,280 100 260 300 Murchison Nat Bk_ 1.000,000 665,559 5,898,094 100 145 150 Cont'l Tr & S Bk__ 200,000 40,062 1,050,968 100 l y105 People's Say Bank_ 65,000 108,000 1,250,000 25 75 80 Union Says Bank__ 250,000 299,706 1,024,213 100, 230 Atlantic T & Bk Co 50,000 99,322 566,632 100 300 325 Youngstown- Per ;share. Wilm Say & Tr Co_ 100,000 293,344 2,295,139 50 220 City Tr& Say Bank_ 200,000 133,569 2,179,329 100 160 '165 Winston-Salem - Commer'l Nat Bk_ 300,000 253,166 2,408,460 10 152 ;157 Merchants Nat 13k_ 100,000 e15,560 e363,182 100 105 107 Dollar Say & Tr Co 1,500,000 887,872 7,638,777 10(1( 184 490 People's Nat Bank_ 300,000 e84,549 e844,969 100 75 80 First Nat Bank _ _ 1,500,000 1,428,002 8,705,216 1001 184 i190 Wachovia Bk & Tr_ 1,250,000 469,868 6,676,268 100 130 134 Mahoning Nat Bk_ 400,000 353,419 2,348,763 10(1, 180 185 NORTH DAKOTA-Nat. banks Nov. 10. State inst. latest returns. Fargo-- Per share. Bk_ 50,000 19,6171 272,621 100 Fargo National returns First Nat Bank__ _ 300,001 240,374 4,968,453 100 OKLAHOMA-Nat. banks Nov. 10; State inst, latest Merchants Nat Bk_ 100,000 103,951 1,267,033 100 Nrurthern Say Bank 50.000 15,720 1,092,104 10( Per share. 100,000 51,957 331,982 Guth re- I Dakota Trust Co _ 100,000 v37,962 v990,942 10c(135 Trust Co_ 100,000 66,939 162,707 First Nat Bank__ _ _ Northern Guthrie Say Bank.. 25,000 4,500 265,000 10), ktllO OHIO-Nat. banks Nov. 10; State institutions latest returns. Logan County Bk.. 25,000 4,000 167,262 101. y100 Bk 50,000 5,000 300,000 100 gilt Canton- Oklahoma State Central Say Bank__ 125,000 65,7111 2,206,0271.. Per Aare Bank__ 240,000 172,399 2,299,322 McAlester- City Nat Amer Nat Bank__ 100,000 30,037 773,742 100, y125 Dime Say Bank_ _ _ 200,000 81,708 1,779,347 _ y110 500,000 3449,427 -..-..'8 City Nat Bank...... 50,000 6,127 261,910 10), First Nat Bank.._ 5.218,523I 104 y125 I Per share. First Nat B of NicA 100,000 40,1911 925,992 Cincinnati- Muskogee- Per share. Atlas Nat Bank__ 400,000 815,792 3,931,706! 001 300 325 100 y130 200,000 325,831 4,465,5661 300 350 Commercial Nat Bk 250,000 102,809 2,272,165 Brighton Ger Bk Co '00! First. Nat Bank. _ 9,50,000 122,879 2,539,636 2 y130 Citizens' Nat Bank 2,000,000 1,894,6391 7,641,113; 1001 185 192 100,000 220,387 00! Muskogee Nat Bk_ 100,000 86,221 599.501 City Hall 13ank_ 1,305,290! 300 - Per share. 100,000 232,369 1,538,476' 10 350 Oklahoma City Columbia B & S Co Amer Nat Bank__ 500,000 e114,924 e3,033,441 100 N125 Cosmop Bk & S Co 250,000 108,637 2,401,925(' 130 140 13,976 Farmers' Nat Ilk__ 100,000 e53,699 e1,329,822 1001 IN115 C't H'se Say Bank_ 100,000 539,734 100 100 239,147 1,827,233 10(k y110 50,000 19,819 212,162 101 118 Okla. Stic Yds N.B. 250,000 East End Bank...... Security Nat Bank_ 100,000 e90,617 e2,016,892 100 y130 Fifth-Third Nat Bk_ 3,000,000 1,572,501 20,327,143 1.11 190 195 2,500,139 10' State Exch Bank.... 100,000 7,831 489,929 100, y130 First Nat Bank__ _ 6,000,000 27,880,674; 199 201 6,592 100 y130 500,000 855,293 6,887,353. 100 260 State National Bk_ 250,000 3,659,386 Fourth Nat Bank__ Western Nat Bank 100.000 v34,972 v1,0013,160 _ y150 German Nat Bank.. 500,000 838,554 6,817,245' 0+ 270 290 Home Say Bk Co.._ 50,00(1 14,296 629,955 10. 100 105 Market Nat Bk.__ 500,001) 527,989 4,093,716 Ui 260 OREGON-Nat. banks Nov. 10; State institution,. Nov 10. North Side Bank... 75,000 48,074 630,299 5 180 Pearl St Market Bk 150,000 33,437 1,234,238 01 100 105 Portland- Per share. Peoples Bk & SY Co 200,000 50,274 1,284,303 0,,• 110 120 Can Bk of Com'ce_ 300,000 e123,977 e3,125,351 Prov Sy Ilk & T Co 1,400,000 1,136,291 8,547,7811 II 235 250 Citizens Bank 100,000 23,654 619,363 Second Nat Bank.... 1,000,000 249,214 3,782,4511 100 102 1033 First Nat Bank 2,500,000 1,134,011 18,249,941 SecurSB&SDCo 10(1,00u 194,777 2,214,786' 100 250 Hartm'n & T'mps'n 100,000 14,740 292,381 South Ohio L & Tr.. 932,706 57,034 400,717• 100 100 Hibernia Say Bank 200,000 133,029 2,902,371 Stk Yds lik & Tr Co 100,000 90,000 755,000 100 150 175 Ladd dr Tilton Bk__ 1,000,000 1,368,897 13,319,189 Union S B & Tr Co 1,000,000 2,752,371 17,664,923 100 450 Lumbermen's N Bk 1.000.000 264,871 5,798,596 100 Unity Bkg & Sy Co 75,000 61,119 1,305,290 OC 175 Merchants' Nat Bk Absorbed by North western N at. Bank. West End 13&Tr Co 100,000 58,682 1,108,803'01) 150 N'western Nat Bk 500,000 114,531 8,183,728 Western German13k 375,000 549,642 9,787,616 100 300 Commerce T & S B Merged in Scandinav ian Amer Bk. Cent Tr & S Dep Co 500,000 824,974 5,275,083 1tX! 240 265 Scandinay'n Am Bk 100,000 21,643 1,442,931 Cleveland- Per share. Ull States Nat Bank 1,000,000 1,229,207 10,192,108 100 Bk of N 2,000,000 1,589,384 14,970,206 100 186 Lumbermen's Tr Co 500,000 e152,329 Com'ce A.. Central Nat Bank_ 1,000,000 909,574 10,642,282 100 165 175 PortiandTr&SavBk 300,000 e50,337 100 Cleveland Nat Bk_ 500,000 140,821 2,592,733 100 105 Scrurity Say & Tr 250,000 191,491 597,680 _ •Bale price. hJuly 28 1915 a Capital and surplus to be Increased c Capital stock paid in; authorized amount is larger. k Capital to be r June 23 locreased. t) Amount paid In. s Ex-dividend y Last sale d These figures date Oct. 241914. e Sept. 21915. Dec. 241914. a 1915. u Oct. 311914. sMay 11915. t March 4 1915.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis 62 BANKS AND TRUST COMPANIES [VOL. 101.

Where Names are Printed in Italics Fuller Returns may be Found in the Advertising Columns.

PENNSYLVANIA-Nat. bks.(exc. Phila.) Nov. 10; State inst. latest returns. PENNSYLVANIA-(Continued.)

Surplus Gross Surplus Gross Capital. & Profits. Deposits. Par. Bid. Ask. Capital. dc Profits. Deposits. Par. Bid. Ask.

Allegheny- Per share. Phila.-(Con.) Per share. Bk of Secured Save_ 125,000 142,041 1,309,123 50 German Nat Bank_ 200,000 389,879 3,466,774 100 Excelsior Tr & S Fd 300,000 156,961 936,265 50 155 • Ohio Valley Bank_ 100,000 50,239 546,395 100 Fairm't Say Tr Co_ 250,000 119,407 1,215,131 100. £100 Second Nat Bank_ _ 300,000 890,807 3,255,095 100 Federal Trust Co_ 125,500 79,088 821,873 100 1 125 Allegheny Trust Co 700,000 419,737 3,184,851 100 Fidelity Trust Co 4,000,000,12,619,90231,503,598 1001 1 700 Dollar Say & Tr Co 1,000,000 1,121,210 4,515,551 100 Finance Co, 1st pref a1,470,000, 100, 1063( Manchester Savings 2d pref a1,530,000'12,088,132 839,439 tlOO £102 Bank & Trust Co 250,000 107,940 1,460,938 50 Frankford Tr Co 250,000 487,139 2,783,227 50 , £166 Provident Trust 4_,o 150,000 99,467 621,028 100 Franklin Trust Co_ 400,000 181,347 1,992,492 501 154 Real Est S & Tr Co 400,000 67,152 1,626,908 100 Ger-Am T & T Co_ 500,000 446,947 1,892,261 50' £102 Workingman's Say Germantown Tr Co 600,000 970,494 6,247,579 100 / 27334 Bank & Trust Co 100,000 1,078,676 4,897,022 50 Gir'd Av T & T Co_ 200,000 161,029 880,721 50 / 75 Girard Trust Co 2,500,000 8,815,85648,236,162 100 / 905 Guar Tr & S D Co_ 1,000,000 737,149 6,559,693 100 £149 Allentown- Per share. Haddingt'n T&TCo 125,000 40,271 644,712 170 100 Allentown Nat Bk_ 1,000,000 569,634 3,217,131 100 168 Hamilton Trust Co 400,000 119,394 1,392,531 100 / 96 Merchants Nat Bk_ 200,000 380,666 3,069,864 100 325 355 Holmesburg Tr Co_ 125,000 80,767 520,576 50 1 55 Ridge Ave Bank_ 50,000 16,862 214,191 501 68 70 Indus'l Tr T & Say_ 500,000 1,118,389 4,940,500 50 1172 Beyond Nat Bank__ 300,000 571,982 3,030,767 100 340 Integrity Title Ins Allentown Tr Co__ 150,000 129,860 846,351 30 78 83 Tr & S D Co 500,000 1,371,141 4,388,947 50 / 215 Citizens Dep&TCo 125,000 105,961 1,134,901 25 52 53 Kensington Tr Co_ 200,000 142,607 2,089,618 50 1 60 Lehigh Valley T Co 125,000 592,264 2,212,886 50 263 Land Title & Tr Co 2,000,000 4,725,754 11,647,458 100 / 500 Penn Counties Tr__ 300,000 71,337 450,894 50 46 48 Logan Trust Co 006,900 394,984 2,933,142 100 1126% Market St T & T Co 134,510 173,927 1,837,023 30 /I 64 Manayunk Tr Co_ _ 250,000 237,092 1,532,857 25 1,1 59% Altoona- Per share. March Un Tr Co 1,000,000 219,089 1,807,817 100 / 100 First Nat Bank_ _ _ _ 150,000 417,109 1,736,148 100 325 350 Mortgage Trust Co 125,000 33,890 45,005 ' 25 Second Nat Bank__ 100,000 188,920 1,119,601 100 200 210 Mutual Trust Co 438,038 71,794 603,586 50 11 35 Union Bank 125,000 43,277 438,201 100 150 160 Northern Trust Co_ 500,000 2,016,602 7,224,894 100 1 527 Altoona Trust Co 250,000 298,109 1,691,099 100 200 210 No Phila. Trust Co_ 150,000 214,930 2,169,804; 50 1145 Central Trust Co.__ 243,000 133,210 993,185 100 210 215 No Western Tr Co_ 150,000 398,346 2,818,620 50 1 203 Mountain C'y T Co 162,962 94,644 632,214 30 45 47 Pelham Trust Co 150,000 88,772 825,548; 100 /1130M Penn Co for Insur on Lives & Gr An 2,000,000 5,024,832 30,888,090 100 share. 1625 Erie- Per PennW'h'g&S D Co 408,350 646,577' 472,894 50 lJ 823i First National Bk_ _ 300,000 609,169 4,018,076 100 People's Trust Co_ 634,450 148,401 1,531,308 50 1; 38 Marine Nat Bank__ 150,000 508,517 2,483,849 100 Philadelphia Tr Co 1,000,000 4,623,624 16,977,748 100 Provident 1 721 People's Bank 200,000 141,270 1,530,631 100 Life & Tr 1,000,000 5,701,551 14,116,759 100 11841 Second Nat Bank 300,000 499,629 4,028,633 100 Real EstTrCo, corn a1,319,600 503,194 4,804,447 100 1 35 Erie Trust Co 300,000 411,124 3,795,866 100 do do pref a2,455,700 100 Real Est / 82 Secur Say & Tr Co_ 200,000 291,277 1,917,777 -100 T I & Tr 1,000,000 1,629,631 3,909,890 100 1 304 Republic Trust Co_ 300,000 189,088 1,254,665 50 / 63 Rittenhouse Tr Co_ 250,000 73,437 1,028,526 50 / 50 . Harrisburg- Per share. Rob't Morris Tr Co 1,000,0(10 151,819 Bank_ 896,898 100 / 55 Commercial 121,650 68,767 382,013 50 70 75 Tacony Trust Co__ 150,000 171,574 1,048,885 100 £240 East End Bank_ _ 50,000 125,000 600,000 50 100 110 Tioga Trust Co_ 125,000 11,927 380,942 50 National Bk_ _ 100,000 v495,814 1,384,470 United 653.1 First (00 /571 Sec L I & T 1,000,000 1,005,980 1,394,869 100 1 140% Harrisburg Nat Bk 300,000 445,074 1,466,614 25 60 6234 Wayne June Tr Co_ 160,000 61,141 512,965 100 Bk t246,000 1 110 Merchants' Nat 100,000 1769,000 100 /288 West End Tr Co_ __ 2,000,000 1,939,807 11,800,543 100 ____j. 160 Central Trust Co __ 125,000 282,000 1,050,000 25 182% West Phila T&TCo 500,000 573,109 3,142,982 50 / Commonwealth Tr_ 250,000 485,148 1,600,000 100 1400 14234 Dauphin Dep Tr Co 300,000 323,000 2,729,819 100 200 Harrisburg Tr Co__ 400,000 488,069 2,097,4621 100 240 250 Pittsburgh- Nom'l price Security Trust Co_ 125,000 45,562 552,061 25 25 30 Union Trust Co___ 250,00 127,344 1,012,110 1001 1130 Allegheny Val Bk_ _ 50,000 53,804 899,179 50 All Nations Dep Bk 75,000 52,216 876,296 Anchor Say Bank_ _ 100,000 361,968 2,011,410 50 Lancaster- Per share. Arsenal Bank 100,000 222,194 915,837 50 Conestoga Nat Bk_ 200,000 477,767 2,601,973 100 380 385 Bk of Pittsb N A 2,400,000 3,380,561 26,462,247 50 First Nat Bank_ _ 210,000 199,237 373,708 100 215 220 City Deposit Bank_ 200,000 788,217 5,556,166 50 Fulton Nat Bank__ 200,000 232,224 1,483,558 100 220 225 Columbia Nat Bank_ 600,000 985,447 8,482,274 100 Lancaster Co N Bk 300,000 425,633 724,919 50 125 130 Commercial Nat Bk Consolidat ed with Co 'w'lth Tr ,Co. 1 Northern Nat Bk_ _ 125,000 r87,856 r322,772 100 125 130 Diamond Nat Bk 600,000 1,596,992 9,356,396 1001 People's Nat Bank_ 200,000 204,918 955,163 100 __ _ 185 Duquesne Nat Bk_ 500,000 579,737 4,821,5311 100; Farmers' Tr Co _ _ 225,000 775,000 2,730,000 60 255 260 Exchange Nat 13k_ 750,000 673,335 5,349,639 501 Guaranty Tr Co ___ 294,000 34,609 572,065 100 95 100 Farmers' Dep N B_ 6,000,000 1,410,34729,629,041 100, Lancaster Trust Co 250,000 1,001,940 5,858,089 100 600 610 Farmers' Dep S 13k 100,000 547,320 6,261,099 100' Northern Tr& S Co 125,000 168,000 1,200,000 50 130 140 Fifth Avenue Bk _ _ 100,000 115,443 990,204 50 People's Trust Co__ 125,000 481,321 2,581,961 50 325 330 First N Bk of Birm 100.000107,577 847,045 100; Union Trust Co___ 150,000 169,560 1,412,888 50 115 120 First-Second N Bk_ 4,000,000 1,245,25614,713,544 100; Freenold Bank__ 200,0001 1,032,2291 1,801,924 100' German S & D Bk_ 200,000 232,014 3,630,370 50 Philadelphia- Deposits o/ banks date Nov. 27 1 915 Per share. Germania Say Bk._ 150.000 637,997 8,058,944 100, American Bank___ 186,000 c97,157 c884,725 50, 151 Homew'd Peop Bk 50.000 37,769 782,346 50; Bank of Commerce_ 300,000 c178,417 c835,408 100, /1135 Iron&GlassDol Say 172,700 331,302 2,011,816 100, Bank of No Amer.. 1,000,000 2,380,877 15,040,000 100 /256 Keystone Nat Bank 500,000 e625,947 3,881,270 100 Centennial Nat Bk_ 300,000 649,880 3,993,000 100 /1275 Liberty Nat Bank_ 200,000 d128,373 d871,751 100 Central Nat Bank_ 1,000,000 3,644,694 21,878,000 100 /415 Liberty Say Bank 100,000 61,617 1,238,977 100 Corn Exch Nat Bank 1,000,000 2,127,730 29,726,000 100 /300 Manufac'rs Bank_ _ 100,000 211,030 861,711 50 Eighth Nat Bank _ _ 275,000 1,046,714 3,635,000 106 l425 Marine Nat Bank.. 300,000 el10,997e1,174,073 100' Far & Mach Nat Bk 2,000,000 1,537,127 16,449,000 100 / 1253i Mellon Nat Bank 6,000,000 3,237,24960,188,511 100 First National Bank 1,500,000 1,608,879 29,712,000 100 /200 Metropolitan N Bk 200,000 108,953 1,237,337 100, Fourth St Nat Bank_ 3,000,000 6,646,627 54,852,000 100 l2853 Monongahela N Bk 1,000,000 1,742,430 6,981,730 100; Franklin Nat Bank_ 1,000,000 3,592,840 44,794,000 100 1465 Park Bank 50,000 87,631 1,316,527 50,. Girard Nat Bank_ _ _ 2,000,000 4,664,069 55,590,000 100 1335 Pennsylvania N Bit 200,000 193,375 774,087 100, Kensington Nat Bk 250,000 334,467 1,891,000 50 11103' Penn Say Bank_ 100,000 68,789 869,830 50' Manayunk Nat Bk 200,000 492,669 82,259,505 100 1270 People's Nat Bank._ 1,000,000 1,892,299 17,850,405 100; Manufa,c'rs N Bk__ 500,000 413,715 1,948,000 100 /125 People's Say Bank_ 1,000,000 1,039,080 9,562,407 100, Market St Nat Bk__ 1,000,000 1,397,832 10,692,000 401) /180 Pittsb Bank for Say 300,000 455,22610,715,356 1001 Nat Bk of Germ't'n 200,000 577,537 83,258,102 50; /140 Third National Bk_ 500,000 185,1231 1,542,439 100, Nat Bk of Nor Lib_ 500,000 958,123 4,245,000 100' 240% Union Nat Bank 2,000,000 4,314,461 17,143,231 100 Nat Security Bk... _ 250,000 1,070,604 3,775,000 100 /439 Union Savings Bk 1,000,000 1,005,486 11,386,556 100 Ninth National Bk_ 300,000 772,756 4,575,000 100 /32634 Western Nat Bank_ 1,000,001) 347,300 4,348,430 100 Northern Nat Bank 200,000 228,630 2,851,000 100 1205 Western S & D Bk 250,000 388,792 1,670,556 100 Northwestern N B_ 200,000 743.776 3,612,000 1.00 1391 Central Trust Co 150,000 61,757 489,329 100' Penn National Bk_ 500,000 1,613,147 7,638,000 100 /,340 Colonial Trust Co_ 2,600,00(1 3,309,805,10,920,628 50 Philadelphia Nat Bk 1,500,000 4,987,134 85,870,000 100 /440 Com'wealth Tr Co_ 1,500,000 1,428,043' 7,179,884 100 Quaker City Nat B 500,000 517,339 2,434,000 100 /112 Continental Tr Co.. 437,800 199,291 606,275 100 Ridge Ave 13ank___ 300,000 c103,148 c1,043,593 50 150 East End S & Tr Co 250,000 154,433 1,526,439 100 Second Nat Bank._ _ 280,000 643,517 83,149,082 00 /3013,1 Fidel Tit & Tr Co_ _ 2,000,01)0 5,911,642 14,409,739 100 Sixth Nat Bank_ _ _ 150,000 301,502 1,747,000 100 /20”i Franklin Say & Tr_ 175,000 82,314 644,267 25 Southwark Nat Bk 250,000 179,497 2,716,000 100 046% FlazIew'd S & T Co 165,400 100,000 765,000 100 S'westem Nat Ilk_ _ 200,000 174,707 699,000 100 /115 Hill Top S & T Co_ 150,000 96,720 1,009,022 50 Tenth Nat Bank_ _ _ 200,000 124,844 1,139,000 LOU 111731 March Say & Tr Co 125,000 14,438 411,557 50 Texti e Nat Bank__ 200,000 104,823 1,230,000 100 illo Metropolitan Tr Co 125,000 36,549 509,674 100 Third Nat Bank... 600,000 835,877 6,203,000 100 1250 OakI'd Say & Tr Co 200,000, 235,600 2,263,910 100 Tradesmens Nat Bk_ 500,000 968,126 7,019,000 100 1,245 People's Trust Co_ _ 250,000 161,799 1,275,005 100 Union Nat Bank __ 500,000 421,655 5,854,000 100 /180 Pittsburgh Tr Co 2,000,000 1,529,099 8,136,586 100 West Phila Bank__ 100,000 c31,001 c404,221 50 1/ 50 Potter Tit & Tr Co_ 330,400 70,256 1,144,532 100 Aldine Trust Co.... 200,000 177,574 666,656 100 1141U Real Estate Tr Co_ 2,000,000 1,704,267 3,434,737 100 Belmont Trust Co_ 125,000 50,944 466,891 50 133 Safe Dep & Tr Co_ _ 3,000,000 6,610,869 100 Cent Tr & Say Co__ 750,000 515,661 4,508,476 50 16031 South Hills Tr Co_ _ 125,000 65,039 719,730 100 Chelten Trust Co.. 200,000 138,941 1,258,185 100 £150 South Side Tr Co_ _ 300,000 152,042 1,230,312 100 Colonial Trust Co_ _ 270,825 284,934 1,151,220 50 18734 Terminal Trust Co 125,000 21,260 227,923..... Columbia Av Tr Co 400,000 532,528 2,315,710 LOU /1175X Union Trust Co.. 1,500,00 33,586,497 59,741,413 if55 Commercial Tr Co_ 1,000,000 1,656,393 15,106,858 100 1,380 Washington Tr Co 350,000 304,752 3,157,409 100 Com'Ith T Ins & T. 1,000,000 1,257,882 5,531,027 100 £22534 West End S B dr Tr 125,000 354,920 1,952,559 50 Cont-Eq T & T Co_ 1,000,000 1,064,069 6,957,577 50 18934 Empire Tit & T Co_ 156,57.5 37,965 340,920 25 1/ 17

* Sale price. a Capital paid in; authorized amount is larger. b Cap tal to be Increased. c Figures are of date Nov. 11 1915. d June 211 1915. r Mact21 4 1915. a Ex-dividend. 1 Last sale. n Sept. 2 1915. e May 11915. a Nov. 10 1915. t March 27 1915. r Sept. 2 1913.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis DEC.. 1915.] BANKS AND TRUST COMPANIES 63

Where Names are Printed in Italics Fuller Returns may be Found in the Advertising Columns.

PENNSYLVAN1A-(Concluded.) TENNESSEE-Nat. banks Nov. 10, State institutions latest returns.

Surplus Gross i Surplus Gross Capital. cfc Profits Deposits. Par. Bid. ,1 Ask. Capital. A Profits. Deposits. Par. Bid. Ask.

Reading- Per 8hare. Chattanooga- $ i $ $ Per share. Farmers' Nat Bank, 400,020 803,040, 2,330,978 30 100 105 ChattanoogaSayBk 300,000 232,699 2,780,981 100 First National Bank' 250,000 274,507, 1,235,085 100 150 Citizens' at Bank 300,000 s193,099 32,385,089 100 Keystone Nat Bank 100,000 251,8441 472,286 100 282 290 First National Bank 750,000 529,830 7,065,026 100 National Union Bk_ 200,000 927,783, 1,286,061 25 145 152 Hamilton Nat Bank 1,000,000 551,393 4,464,350 109 Neversink Bank _ 75,000 53,782 258,967 50 70 75 Hamilton Tr & S B, 250,0001 180,271 1,422,127 103 Penn Nat Bank _ 100,000 /322,913 11,904,717 00 300 320 Reading Nat Bank.. 200,000 469,476 1,715,365 100 270 285 Schuylkill Vail Bk_ 100,000 237,440 511,088 so 150 153 Knoxville- 1 Per share. Second Nat Bank_ _ 300,000 722,132 979,277 100 290 300 American Nat Bk_ 100,000 21,673 237,117 Berke Co Trust Co 250,000 170,331 1,502,519 10 16 18 City National Bank 500,000 172,744 2,816,433 100 Colonial Trust Co_ 250,000 222,469 831,851 10 1434 16 East Tenn Nat Bk_ 400,000 531,291 3,641,762 100 Commercial Tr Co.. 125,000 53,576 642,197 i00 100 105 Holston Nat Bank.. 500,000 3173,076 81,449,691 100 Pennsylvania Tr Co 250,000 1,042,462 4,841,922 100 500 Knox Co Bank & Tr 100,000 7,500 165,000 100 Reading Trust Co.. 500,000 595,060 1,214,706 100 208 211 Much Bk & Tr Co_ 300,000 90,651 777,128 100 Third Nat Bank__ 200,000 125,651 1,010,946 100 Scranton- Per share. Union Nat Bank__ 200,000 74,794 1,621,741 100 County Say Bank__ 200,000 546,344 2,984,468 100 400 415 Electric City Bank.. 80,000 48,226 434,273 50 75 80 • First National Bank 1,500,000 1,570,809 16,811,998 00 345 ,350 Memphis- , Per Aare Green Ridge Bank_ 50,000 22,262 196,975 50 62 1 67 Bank orCom & T Co 1,500,000 936,877 9,052,232 100 260 265 Keystone Bank_ _ _ _ 50,000 56.866 713,310 50 103 1106 Cent-State Nat Bk_ 600,000 420,537 3,417,102 100 133 140 Merch & Mech Bk_ Consolidat ed with Fir st Nat. B ank. First National Bank 500,000 651,102 4,181,950 100 255 260 North Scranton Bk 60,000 93,036 908,468 a0 205 210 Germania Sa B & T 50,000 76,431 1,024,205 100 390 410 People's Nat Bank_ 500,000 317,995 2,037,589 i 00 160 162 Man Saw 13k & Tr_ 100,000 55,669 2,278,988 100 450 550 Providence Bank__ 75,000 62,471 599,271 50 98 102 Mercantile Nat Bk_ 500,000 48,320 2,464,887 100 108 110 Scranton 8 & Di Bk 500,000 436,924 6,316,348 100 340 345 National City Bank 200,000 48,986 1,094,304 100 110 115 South Side Bank ___ 60,000 88,091 921,220 se 155 160 No Memphis SayBk1 50,000 110,389 2,004,244 100 400 450 Third Nat Bank__ 400,000 1,122,371 5,072,904 1001 445 455 People's S Bk & Tr_l 50,000 36,887 307,060 100 140 150 Traders' Nat Bank._ 500,000 733,269 4,447,021 100 215 1220 Security Bk & TrCo' 300,000 12,500 820,935 100 75 85 Union Nat Bank _ 500,000 239,333 1,301,579 tOOl 115 1120 State Savings Bank 50,000 70,170 861,644 100 250 275 West Side Bank__ 60,000 131,762 1,261,620 50 215 ;220 Union dr Planters' Anthracite Tr Co__ 250,000 89,892 1,027,067 50 69 1 70 Bank & Trust Co' 1,400,000 241,356 7,556,897 100 165 170 Lincoln Trust Co.._ 200,000 53,786 764,221 , 1273- ,133 Union Saw Bank &, Trust Co , 50,000 55,801 1,011,771 100 320 Wilkes-Barre-- 1 Per share. Comm Tr & Saw Bk 350,000 82,832 3,454,259 100 270 275 Dime Deposit Bank 200,000 169,247 1,022,012 50; 100 1103 First National Bank 375,000 566,227 3,243,295 100; 265 ;270 177,880 1,402,741 100' 124 1127 Per share. Luzerne Co Nat Bk 400,000 1 Nashville- , Miners' Bk of W B_ 500,000 1,735,344 4,661,221 691 195 ,200 American Nat Bank 1,000,000 634,721 6,076,3621 100 140 110 People's Bank 300,000 726,169 1,888,749 100, 330 '337 Broadway Nat Bk_ 200,000 148,993 1,930,466 100 200 210 Second Nat Bank. _ 500,000 1,168,819 5,406,934 100! 345 ;350 Cumberland Val N B 300,000 59,619 2,293,711 100 120 125 W B Dep & Say Bk 150,000 539,905 2,739,584 50,1 200 ,205 First S Bk J: Tr Co 220.000 51,966 1,853,960 100 Wyoming Nat Bank 150,000 832,813 2,872,288 501 3251330 Fourth & FirstNatB 1,100,000 946,714 10,588,564 100 g247 255 Wyoming Val Tr Co 350,000 740,787 3,030,035 501 160 1165 Tennessee- Hermt - Williamsport- Per 4share. tage Nat Bank__ 300,000 196,924 1,372,337 100 120 130 First National Bank 300,000 v532,411 v1,747,864 100; Nashville Trust Co 350,000 299,021 1,896,575 IOU 155 165 Lycoming Nat Bk_ 100,000 d190,735 d443,212 100 State Bk & Tr Co.., 100,000 33,514 561,978 100 130 135 1,502,623 3,131,485 West Branch N Bk.. 400,000 100 1 Williamsport N Bk. 100,000 142,807 621,991 100 Northern Central Tr 1 1 Co 500,000 129,796 2,052,630 100 Stan Tr & S Dep Co 400,000 337,035 1,483,198 50 TEXAS-Nat. banks Nov. 10, State institutions latest return,. York- ' Per share. Central Nat Bank.. 125,000 331,746 3278,926 100 105 107 City Bank 250,000 226,790 1,535,891 50 87 90 Austin- Per share. Drov & Much N Bk 100,000 3115,704 3712,456 100 190 200 American Nat Bank 300,000 707,086 4,027,742 1031 First National Bank 500,000 93,297 1,719,299 100 *118 Austin Nat Bank 300,000 592,419 3,703,988 1.01i Western Nat Bank.. 225,000 343,469 3912,878 100 100 105 State National Bk. 100,000 58,609 886,963 York Co Nat Bank._ 300,000 523,564 1,488,153 20 *5234 York National Bank 500,000 323,430 1,856,683 25' *41 42 Beaumont- Per share. Guardian Trust Co 264,900 133,324 965,788 25 32 33 American Nat Bank 100,000 t322,489 /2,128,216 10:1 Secur Title & Tr Co 250,000 28,727 900,615 50, 30 35 First National Bank 200,000 /429,390 /2,021,476 100 York Trust Co__ 300.000 79,831 1,082,164 50 60 62 Gulf National Bank 150,000 1178,605 /1,627,889 1001 Texas Bank & TrCo 250,000 109,510 1,289,883 103 RHODE ISLAND-Nat. banks Nov. 10; State institutions latest returns. Dallas- 1 Per share. Newport- 1 Per share. Am Exch Nat Bank 1,500,000 1,358,034112,710,470 100 300 305 Aquidneck Nat Bk_ 200,000 126,501 1,628,712 50 Cent St Bk & Tr Co 200,000 11,8001 730,377 10 108 110 Nat Exchange Bk.... 100,000 66,741 525,056 50 City National Bank 1,000,000 1,478,7901 7,647,145 101 335 340 Newport Nat Ban 120,000' 63,484 324,206 60 First State Bank...._ 250,000 38,6371 1,415,461 10 125 130 Newport Trust Co_ 300,000 161,158 2,281,655 100 Nat Bk of Comm'ce 150,000 184,510' 1,672,764 100 210 225 Security Nat Bank_ 1,500,000 591,5771 8,184,330 100 150 155 Pawtucket- Per share. Dallas 'Tr Say Bank 300,000 215,680 971,818 100 195 200 Slater Trust Co____ 500,000 1,091,016 10,558,712 100 El Paso- Providence- Per share. City Nat Bank__ 300,000 s64,802 82,904,406 Blackstone Can Nat 500,000 547,575 1,787,124 25 3.5 Commercial Nat Bk 100,000 85,221 8522,656 High Street Bank_ _ 120,000 138,204 1,084,005 50 94 First Nat Bank.. 800,000 295,977,. 7,656,111 Mechanics' Nat Bk 500.0001 315,339 3,844,939 50 58 State Nat Bank 110,000 8107,764 82,555,725 Merchants' Nat Bk. 1,000,0001 1,158,172 8,208,568 40 91 Texas Bk & Tr Co 100,000 47,0491 1,087,975 Nat Bank of Comm 850,000 794,874 2,292,663 50 70 Nat Exchange Bk.._ 500,000 1,139,742 7,715,537 100 255 280 Fort Worth- Per share. Phenix Nat Bank_ 450,001 796,743 1,968,183 50 103 American Nat Bank 150,000 d218,972 d1,323,45 100 Providence Nat Bk 500,000 916,600 1,995,188 100 200 Continental Bk & Tr 500,000 250,000 1,000,00 100 United Nat Bank__ 500,000 770,446 3,769,435 100 200 Farm & Much N Bk 300,000 340,669 3,069,906 100 Westminster Bank_ 300,000 102,421 1,499,103 50 56 First National Bank 1,000,000 d475,232 d5,265,162 10Q Industrial Trust Co 3,000,000 4,372,696 52,976,360 100 235 Ft Worth State Bk 100,000 18,000 400,000 100 Rhode I.Hos.Tr.Co 2,500,000 3,181,604 46,844,083 1000 3200 Fort Worth Nat Bk 600,000 1,213,597 6,776,017 100 Union Trust Co___ 1,000,000 563,020 7,518,935 100 125 Stockyards Nat Bk 200,000 159,767 2,703,220 100 Texas State Bank_ _ 100,000 37,186 716,854 100 Woonsocket- Per share. Traders' Nat Bank_ 125,000, d217,983 d866,090 100 Citizens' Nat Bank 100,000 34,464 319,008 100 Galveston- 1 Per share. National Globe Bk_ 100,000 48,934 452,423 25, City National Bank /200,000 174,079. 3,706,943 100 y100 105 Producers' Nat Bk_ 200,000 162,755 1,114,366 20 First National Bank 300,000 3244,929,82,254,083 100 150 160 Texas Bank & TrCo 200,000 439,6671 3,240,719 Inn 210 215 SOUTH CAROLINA-Nat. banks Nov. 10; State institutions latest returns Houston- No mina/ prices First National Bank 2,000,000 483,01910,048,443 100 180 190 Charleston- Per share. Houston Nat Ex Bk 400,000 120,310, 4,907,553 100 205 Ilk of Charrn,NBA 500,000 686,530 4,233,765 LOO 245 250 Lumber'ns Nat Bk.. 600,000 490,081. 3,817,735 100 155 162 Carolina Say Bank_ 200,000 182,439 2,437,737 100 225 250 Nat Bank of Comm 500,000 31,969 1,169,725 100 80 85 Charl Say Instit'n_ 100,000 96,797 909,743 100 400 410 Union Nat Bank...... 1,000,000 434,874; 7,958,960 100 170 180 Commercial Nat Bk 200,000 61,392 570,147 100 130 135 Sou Texas Commer- Dime Savings Bank 60,000 74,076 645,933 100 200 205 cial Nat Bank_ __ 1,000,000 1,115,31210,325,899 101 275 285 Enterprise Bank_ 50,000 27,591 460,623 100 100 105 Bankers Trust Co_ _ 2,000,000 970,464 1,556,637 100 110 114 Exch Bkg & Tr Co.. 50,000 67,844 520,048 100 210 220 San Antonio- Per share. First National Bank 200,000 540,561 1,398,793 100 350 360 Alamo Nat Bank_ _ 500,000 271,7721 6,447,666 100 Germania Nat Bank 200,000 49,177 372,447 100 150 City National Bank 100,000 89,017 916,946 100 Germania Saw Bank 100,000 293,169 3,007,699 100 425 450 Frost National Bank 500,000 522,147; 2,634,946 100 Miners & Mer Bk__ 100,000 32,760 313,427 1(10 108 110 Groos Nat Bank...... 250,000 51,353, 983,892 100 People's Nat Bank_ 500,000 189,204 2,570,910 100 125 130 Lockwood Nat Bk_ 200,000 276,917 1,174,965 100 Security Say Bank.. 50,000 30,132 555,033 100 225 250 Nat Bk of Comm'ce 600,000 3185,639 31,839,464 100 Savings Bank 50,000 22,500 217,188 100 120 125 San Antonio NatBk 500,000 239,537 1,797,264 100 State _ 1,000,000 124,269 1,222,123 100 Bo Car Loan & TrCo 100,000 41,122 1,463,405 100 150 155 Central Trust Co_ Spartanburg- Citizens Bk & TrCo 100,000 7,392 384,162 100 500,000 148,132 2,893,721 100 American Nat Bank 100,000 347,400 s178,760 100 140 State Bank & Tr Co 60,000 11,183 241,490 100 100 105 West Tex Bk&TrCo 250,000 33,324 2,848,402 100 Bank of Commerce Per share. Bk 100,000 37,690 197,601 100 120 135 Waco- of Spartanburg_ 500,000 140,967. 1,634,545 Central Nat Bank_ 400,0001 191,554 830,188 100 133 135 CentralTexExchNat 50,0001 15,104 191,864 100 120 125 Citizens' Nat Bank 250,000 125,759' 797,633 100 Dollar Say Bank.... 600,000 246,556 2,681,529 100 First Nat Bank.. _ -- 500,0001 3107,499 s742,081 100 120 125 First National Bank 100,0001 84,402 238,576 100 140 170 National City Bank 100,000 42,437. 304,886 100 Mer & Farm Bank.. Bk 100.000, 226,197, 1,458,227 Southern Trust Co. 60.0001 12,307 124,304 100' 100 Provident Mat Amount •Sale a and surplus to be increased. c Capital stock paid lu authorized amount is larger. k Capital to be increased. p price. Capital n 4 t March 4 1915. paid in. z Ex-dividend. y New stock. r June 23 1915 1 Last sale. d May 1 1915. h Feb. 21 1914. March 1914. s Jan. 131914. 'r Oct. 21 1913. s Sept. 21915. g Including First S. Bank 8; Tr. Co. stock.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis iii BANKS AND TRUST COMPANIES [VOL. 101.

Where Names are Printed in Italics Puller Returns may be Found in the Advertising Columns.

UTAH-Nat. banks Nov. 10; State institutions latest returns. WEST VIRGINIA-Nat. banks Nov.10, State institutions latest returns.

Surplus Gross Surplus Gross Capital. & Profits. Deposits. Par. Bid. Ask. Capital. Sc' Profits. Deposits. Par. Bid. Ask. Ogden- $ 1 Wheeling- 13 Per share First National Bank1 150,00Cr 3197,647132,318,749 Bank of Ohio Valley' 175,000 32,661 878,950 70 79 80 Commercial Nat Bk1 100,000 3168,8601 31,047,856 CentreWheelingSav 25,000 32,500 590,000 100 228 Pingree Nat Bank_ 175,000 885,349 31,714,972 Citizens' Nat Bank 100,000 '5,000 164,876 100 125 Utah Nat Bank_ _ _ 150,000 838,291 3795,310 City Bk of Wheel 150,000, 227,887 2,035,702 100 Salt Lake City- Per share. Commercial Bank.' 100,000 138,000 430,000 100 190 Continental Nat Bk 250,000 66,979 2,515,012 100 179 180 German Bank 80,000 628,400 2,836,822 100 550 Deseret Nat Bank_ 500,000, 631,989 4,564,069 100 302 305 Germania Half-Dol- Deseret Say Bank_ 100,000, 50,912 2,820,160 100 1045 1050 lar Sayings Bank 50,000 85,000 1,061,861 100 230 Farmers' & Stock- Nat Bank of W Va,_' 500,000 292,036 Nat 2 965,185 100 157 growers Bank_ _ _ 300,000' 29,020 535,803 100 81 82 Exchange Bank 500,000 567,694 2,682,341 100 205 Merchants Bank__ 250,000, 37,007 1,045,049 100 88 89 People's Bank 100,000 78,537 443,432 20 29 McCornick & Co Bk 600,000' 301,320 6,169,966 100 285 287 Quarter Says Bank_ 73,200 52,003 386,320 Republic South 100 152 Nat Bk of 300,0001 373,420 4,508,871 100 202 203 Side Bank_ _ _. 25,000 116,167 905,665 50 175 National City Bank 250,000' 358,047 1,748,715 100 123 126 Dollar Say Sc Tr Co' 500,000 842,774 National Copper Bk 300,000 4,327,414 100 265 73,820 2,269,047 100 99 100 Security Trust Co _i 300,000 241,876 1.100,570; 100 165 180 Salt Lake Sec& TrCer 300,000 151,390 1,149,487 100 117 118 Utah State Nat Bk 600,000 174,941 4,554,827 100 208 209 WISCONSIN-Nat. banks Nov. 10; State institutions latest returns. Utah Sav & Tr Co 300,000 20,782 1,025,525 100 89 90 Walker Bros, F1'kers; 500,000 98,059 5,320,232 100 200 201 Zions S Bk & Tr Coi 500,000 296,046 7,107,288 100 408 411 La Crosse- Per share Batavian Nat Bank 400,000 219,904 VERMONT-Nat. banks 2,938,369 100 Nov. 10; State institutions latest returns Exchange State 13k 25,000 13,477 405,000 100' Barre- Nat Bk of La Crosse; 250,000 480,803 1 1 Per share. 3,656,637 100 Barre S Ilk & Tr Co 50,000 45,000; 1,760,000, 100 Security Says Bank' 30,000 10,090 422,267 100 Granite S B & T Co 75,000 22,9271 1,734,286j 100 State Bk of LaCr'se 100,00( 71,566 1,329,520 100 People's Nat Bank_ 100,000 e28,5351 e546,833 100 Quarry Bk & Milwaukee- S TCo 100,000 6,0121 00524411 I Per share, Burlington- Per :share. Badger State Bank..1 200,000 4,290 1,097,462 100 Howard Nat Bank_ 300,000 330,892; 1,082,590; 100 First National Bank! 3,000,000 11,248,317 26,532,222 100 Merchants Nat Bk_ 150,000 /170,0001 1340,000 100 German-Amer Bank' 250,000 102,383 2,919,867 100 Burlington Tr Co__ 50,000 Germania Nat Bk.j 300,000 213,401 4,265,967 100 264,6161 3.401122l 100 Montpelier- Per Ishare. Marine Nat Bank.._I 500,001 810,001 6,206,991 100 Capital S B & T Co 100,000 86,466 2,186,167; 100 Marshall Sc IisleyBk 500,001 717,339 12,895,220 100 First National Bank 100,000 e37,890 e791,432 100 Mer Sc Manufac Bk 400,00( 59.572 1,361,175 100 Montpelier Nat Bk 150,000 d172,587 d1,399,401 100 Nat Exchange Bank 500,001 630.184 5,933,729 100 Montp'r S B & T Co 100,000 222,299 3,675,550, 100 Second Ward Say B 1,000,001 570,712 18,932,989 100 Rutland- Per share. West Side Bank__ 200,00( 119,929 1,929,722 100 Baxter Nat Bank__ 100,000 68,460 324,802 100 115 Wisconsin Nat Bk_ 2,000,001 1,394,876 23,434,400 100 Clement Nat Bank_ 100.000 179,1971 1,863,332 100 300 First Trust Co_ _ _ 300,00( 143,494 100 Killington Nat Bk_ 100,000 81,1371 367,169 100 120 Wisconsin Trust Co 500,00( 312.539 1,352,292 100 Rutland Co Nat Bk 100,000 66,013; 622,353, 100 120 1130 Rutland Trust Co_ 50,000 127,0001 1,433,000, 100 200 WYOMING-National banks May 11915. VIRGINIA-Nat. banks Nov. 10; State institutions latest returns. Lynchburg- Cheyenne- Per share First National Bank 675,000 582,940 2,793,298 jool Citizens Nat Bank_ 100,0001 134,541 1583,614 Lynchburg Nat Bk 500,000 582,530 1,810,168 100 First National Bank 100,000 112,719 1,853.988 Peoples Nat Bank 500,000 589,712 1,786,414 Stock Growers N B 100,000 132,282 2,039,210 Lynchburg Tr & SB 150.000' 254,745 1,737,262 _ Wyorn Tr Sc Say Bk 60,0001 41,800 460,742 100 Norfolk- Per share Citizens Bank 600,000 591,960 2,846,102 100 215 Marine Bank 110,000 227,697 712,757 100 290 CUBA. Mercantile Bank 100,000 10,210 103,236 100 100 Nat Bk of Comm'ce 1,000,000 990,426 6,320,674 100 200 Returns are of date June 30 1915. Nor Bk for SavecTr 100,000 336,867 1,696,681 100 490 Norfolk Nat Bank 1,000,000 839,874 5,196,140 100 170 Seaboard Nat Bank 300,000 102,314 1,557,443 100 130 Havana- Per share. Virginia Nat Bank_ 500,000 3112,536 31,400,515 100 130 Nat Bank of Cuba_ 5,000,0001 2,124,137 38,101,617 100\ 118122 Petersburg- Per share. Petersb Sy Sc InsCo 200,0001 736,509 2,303,165 20 100 110 Nat Bk of Petersb_ 100,000 333,124 3,723,559 100 375 - CANADA. Virginia Nat Bank. 400,000 200,492 1,953,120 100 135 Richmond- Per share. Returns are all of date Oct. 30 1915. American Nat Bank 1,000,000 737,791 6,407,606 100 185 195 Bank of Corn & Tr. 250,000 174,447 1,035,641 100 185 200 MANITOBA. Broad-Street Bank_ 200,000 142,863 1,449,944 25 45 50 Broadway Nat Bk. 200,000 820,814 8305,425 100 75 100 Central Nat Bk ofR 350,000 75,739 902,294 100 119 122 Capital Reserve First 230 National Bank 2,000,000 1,390,907 15,393,926 100 225 Paid in. Fund. Deposits. Par. Bid. Ask. Manchester Nat Bk 150,000 812,541 3322,376 100 60 90 I Mech & Merch Bk. 100.000 117,967 645,490 100 205 220 !Prices are per cent, not per sha re. Merchants Nat Bk. 200,000 1,421,366 8,820,885 100 900 1000 Winnipeg- I $ $ $ Per cent. Nat State Sc City Bk 1,000,000 8807,036 35,481,392 100 182 186 Northern Crown Bk 2,858,732 150,000 12,481,325 110 80 Planters Nat Bank_ 300,000 1,664,440 6,826,811 100 750 825 Richm 13k & Tr Co 477,400 94,590 525,430 25 25 27 Say Bank of Richm 200,000 258,004 1,224.769 25 90 93 NOVA SCOTIA. Union Bk of Richm 219,750 560,696 1,310,762 50 325 340 Old Dominion TrCo 1,000,000 1,140,802 1,038,566 100 197 200 Richm Tr Sc Say Co 1,000,000 120,294 995,692 100 101 105 Halifax- Per cent. Virginia Trust Co . 1,000,000 347,069 1,834,596 100 215 240 Bk of Nova Scotia_ 126.500,000 12,000,000 74,657,542 100 261 WASHINGTON-Nat. banks Nov. 10, State institutions Nov. 10 ONTARIO Seattle- Per share. Bank for Sayings. _ 400,000 15,6791 678,583 1001 100 Canad'n Bk of Corn 200,000 49,837 3,134,462 100. Dexter-HortonNBk 1,200,000 263,821 9,488,636 100 270 Hamilton- Per cent. First National Bank 300,000 142,390 4,912,202 100 250 Bank of Hamilton_ 3,000,000 3,600,000 35,199,368 100 x'201 Ger-Amer NIerc Bk 200,000 12,329 1,202,763 100 100 Metropolitan Bank 100,000 154,263 2,183,947 100 325 Ottawa- Nat Bk of Comm'ce 1,000,000 1,161,192 12,165,608 100 515-- Bank of Ottawa__ g4,000,000 4,750,000 39,757,032 100 x 207 Nat Cy Bk of Seatt 500,000 154,886 2,799,667 100 167 People's Say Bank 100,000 251,7441 2,206,230 100 Toronto- Scand-Arner Bank. 500,000 563,844 11,412,171 100 190 Bank of Toronto__ g5,000,000 6,000,000 43,251,055 100. z211 Seattle Nat Bank. _ 1,000,000 297,259 13,494,472 100 225 Can Bank of Comm 15,000,00013,500,000 182099989 60 z203 State Ilk of Seattle_ 100,000 12,886 1,378.275 100 ______140 Dominion Bank__ 6,000,00(1 7,000,000 60,355,306 50 '27 Am Say Ilk & Tr Co 600,000 123,577 2,096,470 100 _ _ _ 118 Home 13k of Canada g1,945,529 400,000 9,491,398 1001 North Bk & Tr Co. 100,000 25,824 1,352,844 100 _ 135 Imperial Ilk of Can g7,000.0001 7,000,000 56,131,203 1001 210 Union Say & Tr Co' 600.000 204,0831 4,331,698 100 110 Standard Bank _ 3,000,000 4,000,000 38,341,781 50 215 Northw Tr Sc S DCo 100,000 14,842 1,172,293 100 130 Sterling 13k of Can. 1,201,079 300,003 6,807,663 100 Dex-Hort T & S Bk, 400,000 123,443 6,956,672 100

Spokarre- Per share. Bank of Montreal__ 100.000 21,161 1,634,812 100 Exchange Nat Bk 1,000,000 274,4741 6,523,834 100 150 160 QUEBEC. Fidelity Nat Bank_ 250.000 66,276 2,277,295 100 135 150 Old National Bank_ 1,000,000 591,789 11,664,476 100 150 160 Montreal- Per Cent. Sca ,'inay-Amer Bk 100,000 44,347 693,366 100 110 120 Bank Montreal__ M000.000116,000,0001237129 Spok of 758 100 x234 & East Tr Co_ 1,000,000 394,280 8,783,996 100 150 175 Bank of Br Nor Am 4,866,6661 3,017.333140,381,315 145 Union Tr & Say Bk 500,000 129,226 695,221 100 120 130 Flochelega g 1,000,003i 3 70 149 Washington Bawled' 0,000121,866,429 100 Tr Co_ 200,000 45,209 690,279 100 120 135 March Bank of Can o7,000,00 7,000,000:66,016,525 100 180 Molson's Bank o4,000,000 4 800,000,38,344,4921 100 201 Tacoma- Per share. Proyincl Bk of Can g1,000,000 650,0001 9,143,732 100 Nat Bk of Tacoma 1,000,000 201,777 7,588,961 100 200 Quebec 2,735,000 1,000 119 Puget Bank 030.14,249,529 100 Sd State Bk 100,00( 334,844 3839,015 100 130 140 Royal Bk of Canada g11560000112,580,000i 147819 235 100 221q Scand nay-Amer Bk 200,000 320,000 82,340,000 100 75 80 Quebec- Bankers Trust Co.. 300,000 25,317 613,402 100 105 110 Banque Nationale_I12,000,000 1,800.000i19,994,425 100 132X Fidelity Trust Co 500,000 3484,671 34,068,782 100 175 180 Union Bank of Can g5,000,000 3,400,000i59,607,019 100 140 Tacoma S B& T Co 200,000 40,869 1,029,361 1 •Sale price. Par of this bank Is £50 a Capitol to be -rights. This is authorized amount Ex Increased a Ex g capital paid In; is larger. -dividend. a Sept. 2 1915 r Nrew strwk. Jurre 23 1915 .1 M ty 1 1915 e July 11015. n NOT. 2 LOLl.o Sept. 12 Mi. Inciwies one- third of a share In Dexter-Ilorton Trust Sc Savings Bank stock.

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