ANK AND QUOTATION SECTION OF THE COMMERCIAL & FINANCIAL CHRONICLE.

Copyrighted in 1911 according to Act of Congress, by WILLIAM B. DANA COMPANY.in office of Librarian of Congress. Washington, D. C. VOL. 93. NEW YORK, SEPTEMBER 2 1911. NO. 2410,

INDEX REVIEW OF AUGUST. Unfavorable features again predominated during OF BANKS AND TRUST COMPANIES. TO STATEMENTS August and they assumed additional importance in ALBANY, N. Y. Par.. MILWAUKEE, WIS. Peg view of the tremendous liquidation on the New York First National Bank 17 Rational Commercial Bank.... 4 Stock Exchange which occurred, attended by a large MINNEAPOLIS, MINN. ATLANTA, GA. First National Bank 15 and general break in prices. Previously values had Atlanta National Bank 7 Northwestern National Bank 15 Security Nat. Bank of Minn.._ _ 15 been well maintained in face of a whole series of ad- AUGUSTA, GA. verse circumstances and happenings. For a period of Georgia Railroad Bank 8 MOBILE, ALA. People's Bank 10 nearly twelve months no extensive declines had been BALTIMORE, MD. NASHVILLE, PENN. permitted, even on very bad news, the market being Merchants' National Bank National Bank of Baltimore.._ _ a American National Bank 8 sharply rallied after each temporary downward plunge, Co Fourth National Bank 9 Safe Deposit de Trust and then boosted a little higher than before. The BIRMINGHAM, ALA. NEWARK, N. J. National Bank 4 policy pursued in that respect by leading financial in- Bank 10 Union first National its most striking illustration, perhaps, in NEW ORLEANS LA. terests had BOSTON, MASS. Whitney-Central Nat. Bank__ __ 11 the month immediately preceding—July—when, not- National Union Bank 4 NEW YORK, N. Y. withstanding the great damage done to the growing N. Y. BUFFALO, Chemical National Bank 2 of the -State Com- Marine National Bank Citizens' Central Nat. Bank __ 3 crops, the adverse decision Inter Coal & Iron National Bank 2 merce Commission in the matter of rates to inter-moun- CHARLESTON, S. 0. Farmers' Loan & Trust Co 18 Fourth National Bank 3 political and other disturbances People's National Bank Gallatin National Bank 2 tain territory, and Hanover National Bank 2 here and abroad which have rarely been paralleled in CHICAGO ILL. Seaboard National Bank 2 Chicago Savings Bank & Tr. Co. 15 the past, the great majority of share properties on the Continental& Commerel Nat Bk 12 NORFOLK, VA. Corn Exchange National Bank.. 10 Norfolk National Bank 4 Stock Exchange actually stood a trifle higher at the Harris Trust dc Savings Bank cover than at the beginning. Inside back OMAHA, NEB. close of July Federal Bank Note Co es First Nat. Bank of Chicago 11 Omaha National Bank 13 In August all this was changed. Support to prices Live Stock Exchange Nat. Bank 13 Merchants Loan and Trust Co... 11 PATERSON N. J. was entirely withdrawn. The market, left to itself, National Bank of the Republic_ 12 4 Northern Trust Co. Bank First National Bank went all to pieces. It had resisted the pressure of un- Inside back cover. PHILADELPHIA, PA, favorable influences so long that operators on the Ex- CINCINNATI, OHIO. Corn Exchange Nat. Bank 7 change had been almost educated to think that a seri- Fifth-Third National Bank 13 Farmers' & Mech. Nat. Bank_ _ _ 6 First National Bank 8 ous break was impossible, no matter what the unfa- CLEVELAND, OHIO. Fourth Street National Bank 9 Franklin National Bank 9 vorable developments. The complete collapse, there- First National Bank 13 Girard National Bank 5 Union National Bank 13 Girard Trust Company 7 fore, which occurred produced a feeling of the utmost Market Street National Bank_ 7 DENVER, COL. Philadelphia National Bank 6 confusion. The decline was furthermore accelerated Tradeamens National Bank.. First National Bank 10 Union National Bank 6 by the absence of any very extensive short interest. DETROIT, MICH. PORTLAND ORE. The quick way in which the market had been turned People's State Bank 5 United States National Bank___ 17 upward after each downward reaction had made FORT WORTH, TEXAS, PROVIDENCE, R. I. operators timid and had prevented the putting out of Fort Worth National Bank__ 11 Merchants' National Bank 5 any extensive lines of shorts. Apart from all this, ST. JOSEPH, MO. GRAND RAPIDS, MICH, there was now real and genuine liquidation, and on a Tootle-Lemon National Bank__ 14 Old National Bank 5 very large scale,too. ST. LOUIS, MO. HARTFORD, CONN. Boatmen's Bank.. 14 A new adverse feature was added during the month, Aetna National Bank Mechanics'-American Nat. Bank 14 Mississippi Valley Trust Co 14 namely the danger of trouble with railroad employees 2ND. National Bank of Commerce 15 INDIANAPOLIS, Third National Bank 14 in the Western half of the country. At the same time Merchants' National Bank 12 SALT LAKE CITY, UTAH. a number of large railroad systems, which had not JERSEY CITY, N. J. McCorrAck & Co 16 previously inaugurated a policy of retrenchment de- First National Bank is Walker Brothers 16 SAN FRANCISCO, CAL. spite the falling off in railroad tonnage and railroad KNOXVILLE, PENN. The First National Bank 16 begin elty National Bank 9 revenues, now felt it incumbent to rigorously SEATTLE, WASH. to retrench. The Harriman roads were con- LOS ANGELES, CAL. Dexter Horton National Bank... 16 First National Bank 16 National Bank of Commerce.. 16 spicuous in this respect, both the Union Pacific LOUISVILLE. KY. TACOMA, WASH. and the Southern Pacific having cut down their National Bank of Kentucky_ _ — 12 Fidelity Trust Co 17 forces of employees to the number of several thousand WILLIAM B. DANA COMPANY, Publishers, each. FRONT. PINE AND DEPEYSTER ST.). NEW YORK

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis 20 MONTHLY REVIEW [VOL. Lxxxxiii.

The possibility of a conflict with railroad employees The high point of the month was 13.15 cts. Aug.25. on Western roads loomed very large during the month. Print cloths at Fall River were marked down from Apprehensions in that regard arose out of the action cts. to 33/b cts. Aug. 24. On Aug. 23 a conference of the shopmen. representing various crafts, each of of Senators and Representatives from seven cotton- which had had its own distinct union in the past, in growing States was held at which planters were urged endeavoring to form a federated union and in this way to hold their cotton for 13 cts. a pound. compel further increases in wages and force other con- Labor troubles of a very serious character developed cessions, all of which would act to swell the operating in Great Britain as the outgrowth of the seamen's strike expenses of the transportation interests. Railroad the previous month. In London the dock-workers managers on their part felt that, with business dull and went out early in the month, and, owing to that and revenues declining, with the Inter-State Commerce other sympathetic strikes,the supply of provisions was Commission denying authority to advance rates and curtailed to such an extent that fears ensued of a instead actually reducing them, and with the traveling grave famine. Prices of provisions rose to extreme and shipping public demanding improved facilities and figures, and no beef, fruit or other edibles could be accommodations, it was impossible for the rail carriers imported owing to the complete deadlock. At Liver- to assume any additional burdens. Accordingly, a pool the situation grew even worse, and the trouble very determined disposition developed to resist these eventually spread to practically all parts of the United added demands of the men. Kingdom, assuming such proportions as seriously to A new idea of the possibilities of unsettlement to busi- cripple shipping interests on both sides of the Atlantic. ness interests involved in the enforcement of the Sher- Not only that, but on Aug. 18 a general strike of rail- man Anti-Trust Law was given by the course of the way employees all over the United Kingdom was in- plans for the reorganization of the Standard Oil Co. augurated, with the result of completely disorganizing and the American Tobacco Co., which the U. S. internal trade and also cutting off much of the foreign Supreme Court had declared were organizations oper- trade, though in the meantime the state of things at ating in conflict with that statute. It was announced London had improved, the dispute of the carters and that, in obedience to the decree of the U.S. Supreme dockers having been adjusted. The sailing of most Court, the Standard Oil Co. had decided to distribute of the trans-Atlantic steamers was either delayed or pro rata to its shareholders about Dec. 1 its holdings had to be omitted. On Saturday, Aug. 19, owing to in thirty-three of its subsidiary companies—in other the continued strike of the railway employees, the situ- words, that instead of a single certificate of stock, ation became exceedingly threatening all over the Standard Oil shareholders would receive certificates British Isles. At Llanelly, Wales, the troops were for fractional amounts of the shares in these thirty- obliged to fire on riotous strikers and a number of three other companies. The inconvenience and cum- persons were killed or wounded. All this time the bersomeness of such an arrangement was recognized Government was active in seeking to bring about a at once. The company ceased directing the affairs of termination of the strike, Premier Asquith and the the subsidiary companies with the close of business Chancellor of the Exchequer, David Lloyd George, Aug. 31. The American Tobacco Co., on the other being very prominent in these moves. The nego- hand, sent a letter to its common stockholders say- tiations proved successful Saturday night, Aug. 19. ing that, pending reorganization, no dividends would The settlement was on the basis of the reference of be paid on their shares, and that the declaration of the dispute to a joint commission consisting of two the payment due in September had for this reason been members representing the employees, two represent- omitted. These announcements both came at the ing the railway companies and the fifth a disinterested beginning of the month. Unfortunately, too, new outsider. Consent of the companies was obtained on demonstrations were furnished of a determination to a promise of legislation to permit an increase in rail- give effect and continued vitality to the Anti-Trust way rates to compensate for the higher cost of railway Statute. On Aug. 4 at Columbus, Ohio, the U. S. labor. An unaccountable anti-Jewish outbreak at Government filed a suit to break up an assumed trust Tredegar and other Welsh mining towns was an inci- in bituminous coal which it was alleged was being dent following the railway strike, but after the settle- maintained by the Lake Shore & Michigan Southern ment conditions quickly improved,and before the close RR. and the Chesapeake & Ohio RR. through dis- of the month trade had resumed its normal course. criminations in transportation facilities granted their Parliament had agreed to adjourn on the 18th, but affiliated coal companies embraced in the merger of as things then were at their most critical stage the the Hocking Valley properties. Congressional activity session was prolonged until the 22d. along the same lines also continued. In the money market the shipment of $3,500,000 The monthly crop report of the Agricultural Bureau gold to Canada and some indication of a demand at Washington also proved deeply disappointing except from the interior for currency to move the crops in the matter of cotton. A heavy decline in the condi- induced the principal downtown institutions to tion of all the leading grain crops was disclosed, indi- hold their funds for better rates, and quotations for cating greater impairment by reason of the extraor- six months loans were marked up to 43%. dinary heat and drought of the first half of July than The improvement was not long maintained, however. had been commonly expected. The average for corn The drastic liquidation on the Stock Exchange,with Aug. 1 was given as only 69.6, against 80.1 on July 1, a generally light demand for accommodation, weakened the condition of spring wheat only 59.8, against 73.8, rates again. There was, though, more or less dis- and the average of oats only 65.7, against 68.8. crimination regarding collateral, mainly against in- Weather, however, during August seemed to be favor- dustrial stocks. Call loans the latter part of the able and the latter part of the month grain prices month got as low as 1% and the range for the declined. September wheat at Chicago after rising month was 1%(4)23/2%• from 893 cts. Aug. 1 to 93% cts. Aug. 10 declined to 88A1 cts. Aug. 30. September corn sold up RATES FOR MONEY IN NEW YORK WEEKLY. from 63 Call Loans— Aug. 4. Aug. 11. Aug. 18. Aug. 25. Aug. 1 to 66 Aug. 12 and closed at 653' cts. Aug. Stock Exchange—Range for week 2-234 2-234 2-24 14-234 31. Average for week 234 234 2 5-16 24 September oats, however, after advancing from Time Loans— 39%3 Thirty days cts. Aug. 1 to 433 Aug. 4, closed Aug. 31 at the same Sixty days 24-3 24-3 24-3 24-3 figure. The report Ninety days 3434 331-334 3-34 3-34 regarding the condition of cotton Four months 331434 334-331. 34-334 34-334 was extremely favorable, showing an average Five months 34-4 34-44 34 334-331 of 89.1 Six months 34-4 34-44 331 334-33( for July 25, against Longer periods 3344 88.2 June 25, and though some of Commercial Paper— the advices from the South the latter part of August Double names—Choice 60 to 90 days 4-431 334..434 4-434 4_434 Single names—Prime 4 to 6 months 4-44 4-434 44-44 44434 spoke of a deterioration of the plant in Texas because Good 4 to 6 months 44-5 44-5 44-5 434-5 of heat and dry weather, middling upland spot cotton Foreign exchange had a downward tendency the Aug.f31 was'down to 11.60 cts., the lowest figure since first half of the month, but moved upward the second June 24 1909. This compares with 12.50 cts. July 31. half.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis SEPT., 1911.] MONTHLY REVIEW 21

ACTUAL RATES—BANKERS' AND COMMERCIAL BILLS. very large extent. Some stocks in this one month lost Bankers' Bills —Commercial Bills--- Cable On Documents the whole of the gains established in the preceding 60-Day. Sight. Transfers. Banks. for Payment. Alig. 1_ __4 84 -4 8410 4 8605-8615 4 8640-8645 4 8234-8334 4 8335-4 84 twelve months. Holders seem to be completely dis- 2_ _4 84 -4 8410 4 8605-8610 4 8635-8640 4 82%-83 % 4 8334-4 84 3____4 84 -4 8410 4 8605-8610 4 8635-8640 4 8235-8334 4 8334-4 84 heartened by the continued harassing of the railroads 8395-4 8405 4 8605-8615 4 8635-8645 4 82%-83 % 4 8334-4 84 5__4 8390-4 84 4 8605-8610 4 8635-8640 4 8234-8334 4 83 -4 8334 and the political agitation, besides which the railway SUNDAY. labor situation was a disturbing feature, while of 748375-4 8385 4 86 -8605 4 8625-8630 48234-8334 4 83 -4 8334 8_.4 8365-4 8375 4 86 -8605 4 8625-8630 4 8235-8335 483 -4 8334 course there was nothing exhilarating about the crop 9____4 8360-48370 4 8595-86 4 8625-8630 4 8234-8335 483 -4 8334 10_...... 4 8360-4 8370 4 8585-8590 4 8615-8620 4 82 -8334 4 8234-4 8334 outlook. In the case of the Union Pacific much was 11___..4 8350-4 8360 4 8575-8585 486 -8615 482 -8334 483 -48334 12...... 4 8350-4 8360 4 8575-8580 4 8605-8610 4 8234-83 4 83 -4 8334 made of the resignation of Henry C. Frick, the con- 13____ SUNDAY. 8335-4 8350 4 8570-8580 4 86 -8610 4 82 -83 4 82%-4 8334 clusion drawn being that this indicated friction in the 15__ _ _4 8345-4 8355 4 8590-8595 4 8620-8625 4 8134-83 4 8234-4 8334 management of the 16...._ _4 8365-4 8375 4 86 -8610 4 8630-8640 4 82 -8334 4 82%-4 8334 property. As a matter of fact, 17____4 8350-4 8360 4 8590-8610 4 8620-8640 4 82 -8334 4 8234-4 8334 the resignation dated back two months. As rumor 18_...... 4 8370-4 8375 4 86 -8610 48635-8645 48234-8334 4 83 -4 8334 19___..4 8355-4 8365 4 86 -8605 4 8635-8640 4 8234-83 4 83 -4 8334 persisted, President Lovett of the Union Pacific 20__ _ _ SUNDAY. 21._ _4 8350-4 8360 4 8595-86 4 8625-8630 4 82 -83 4 8234-4 8334 finally gave out a statement stating most emphatically 22_ _4 8350-4 8360 4 8605-8610 4 8635-8640 4 8134-83 4 82 M-4 83 M 8345-4 8355 4 8610-8615 4 8640-8650 4 8134-83 4 8234-4 8334 that there were no dissensions whatever in the board of 24_ _....4 8350-4 8360 4 8605-8615 4 8640-8650 4 8134-8334 4 8234-4 8334 25_ .._4 8360-4 8370 4 8605-8615 4 8645-8655 4 82 -8334 4 8234-4 8334 directors, that the management from top to bottom was 26__4 8350-4 8360 4 8605-8610 4 8640-8650 4 8134-8334 4 82M-4 8334 perfectly harmonious, and that a change in the divi- 27____ SUNDAY. 28.....48350-4 8360 4 8605-8615 4 8650-8655 4 8134-8335 4 82%-4 83M dend rate had not been discussed or in any way con- 8350-4 8360 4 86 -8605 4 8645-8650 4 8134-8334 4 8234-4 8334 30_ _ _ _4 8350-4 8360 4 8605-8610 4 8645-8655 4 8134-83 4 8234-4 8334 sidered. This announcement was made on the 18th, 31__4 8340-4 8350 4 86 -8605 4 8635-8640 4 8134-83 4 8234-4 8334 but had very little effect, and the market became POSTED RATES—BANKERS' STERLING BILLS. more and more demoralized, so that prices for the Aug. 60 Days. Demand. Aug. 60 Days. Demand. Aug. 60 Days. Demand. great majority of stocks on Aug. 31 were not far from ------4 85 4 87 14 ___ 4 8434 4 87 27 ___ Sun day the lowest figures of the year. 4 85 4 87 15 ___ 4 8434 4 87 28 __ 4 8434 4 87 4 85 4 87 16 4 8434 4 87 29 4 8434 4 87 VOLUME OF BUSINESS ON THE STOCK EXCHANGE. 4 85 4 87 17 _._ 4 8434 4 87 30 ___ 4 8435 4 87 4 85 4 87 18 ___ 4 8435 4 87 31 4 8435 4 87 Month of Aug.— 1911. 1910. 1909. 1908. Sun day 19 ___ 4 8435 4 87 Stock sales— 4 85 4 87 20 ___ Sun day Open 4 85 4 87 No. of shares 14,994,533 10,392,788 24,637,783 18,881,265 4 8435 4 87 21 48434 4 87 High 4 85 4 87 Par value $1,371,606,250 $919,409,950 $2,267,638,050 11,699,430,100 9 ___ 4 84% 4 87 22 ___ 4 8435 4 87 Low 4 8434 4 87 Bond sales (par value)— 10 ___ 48434 4 87 23 ___ 4 8435 4 87 Last 4 8435 4 87 RR.& misc. bonds $44,916,500 $28,557,500 $112,035,500 $77,671,500 11 4 8434 4 87 24 ___ 4 8434 4 87 Government bonds 586,000 43,500 103,500 22,800 12 ___ 48434 4 87 25 ___ 4 8434 4 87 State bonds 2,529,000 2,581,000 2,183,000 4,578,000 13 ___ Sun day 26 ___ 4 8434 4 87 ------Total bond sales $48,031,500 $31,182,000 $114,322,000 $82,272,300 Jan. 1 to Aug. 31— The Stock sales— stock market was almost continuously weak. No. of shares 74,899,031 122,488,446 136,581,120 117,388,266 The causes have been indicated above. Selling was Par value $6,710,888,300$11,807,299,700$12,530,726,875310,303,827,200 Bond sales (par value)— on a tremendous scale and the market appeared to be 6RR. & misc. bonds $493,750,500 $403,907,500 $907,547,100 $539,263,200 Government bonds 2,640,500 303,200 338,200 459,620 almost entirely devoid of any rallying power. In the State bonds 79,686,500 33,335,950 26,531,500 67,325,500 ------case of all the leading specialties the declines were of Total bond sales $576,077,500 $437,546,650 $934,416,800 $607,048,320

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 the totals for the Greater New York and those for the whole State. We also add tables to indicate the changes in deposits for all the separate companies in the different boroughs of this city. TRUST COMPANIES FOR WHOLE STATE OF NEW YORK. LIABILITIES.

Aug. 22 1907. Dec. 31 1907. Jan. 1 1909.Sept. 141909.Jan. 1 1910. June 30 1910. Jan. 2 1911 June 7 1911. I $ $ $ $ $ $ 3 3apital 68,661,600 66,276,580 68,450,000 69,400,000 71,400,000 74,181,000 73,431.000 71,731,000 3urplus and profits, market value_ 151,339.110 169,647.107 173,845,240 178,979,744 181,322,415 184.025,130 190,697.189 surplus and profits, book value 176,944,735 Unpaid diva. reserved for taxes,int.dce 3,164.976 2,921,740 Pref. deposits—Due State say. banks_ 37,467,239 28,340,454 39,116,569 38,530,614 40,759,951 43,629,822 43.827,892 47,945,482 Due State say. St loan associations_ 414,423 306,316 776,421 556.498 600,479 689.440 758,969 589.601 Trust deposits not payable within 30 days 21,180,942 29,233,840 38,059,940 49,199.191 25.598.439 35,286,088 Due as exeo'r, admin'r, guard., re- ceiver, trustee, committee, &a_ 41,773.538 43,641,702 23,190,699 24,802,720 30,913,481 37,533,220 36,844.508 41,475,957 Deposits pret'd because secured by unmatured bonds of the State_ 4,728,253 5,753,623 5,122,449 5,828,655 6,963,259 7,174,500 Other deposits pref. because of pledge of part of trust co. assets_ 1,276,500 2,879,716 4,238,781 7,341,305 5,187,066 4,417,648 2,422,372 5,947,072 Deposits otherwise preferred 1,098,788 2,770,685 2,569,357 4,969,837 7,356,349 2,554,737 2.832,612 801,012 Deposits subject to check (not pref.). 812,011,853 555,397,056 868,754,742 937,006,859 899,090,713 938,796,986) Otte. of dep.,time do demand (not prof) 107.934,388 55,272,810 53,311,327 87,753,091 84,478,182 63.142,496 t 1,014.744,488 1,129,109,722 Time deposits not payable within 30 days, represented by Ws.(not ______-__ 40,470,643 134,538,548 106,493,123 90,449.927I Due trust companies pref)-43,610.680 ___- _- -23,002,116 1 103,907,041 115,902,676 84,038,005 87,637,767 84,389,877 137,839,071 Due banks and bankers 42,077,022 • 20,667,605 f Total of all deposits 1,087,664.431 732.278,460 1,182,242,775 1.386,389,611 1,302,099,738 1.323,879,889 1,218,382,416 1,106,168,505 Borrowed money 1,867.663 672,460 1,100,140 1.189.000 1,382,360 89,000 Pref. liability as executor, eco 2,987,034 904,843 Other liabilities 27,708,303 61,948,915 55,367,899 43,202,292 50,624.063 41.541.550 35.067,726 39,990,288 Add for cents 40 42 45 43 42 41 42 39 Grand total 1,363,966,143 1,012,747,930 1,477,575,489 1,673,509,646 1.604,203,727 1,622,113,895 1,515,453,650 1,711,598,061

RESOURCES.

Aug. 22 1907. Dec. 31 1907. Jan. 11909. Sept. 14 1909. Jan. 1 1910. June 30 1910.Jan. 2 1911 June 7 1911. $ $ $ $ $ $ $ $ Bonds and mortgages 87,962,350 80,759,054 78.199,314 83,152,739 83,660,067 86,053,200 87,341.640 89,058,963 Stook and bond investments 326,497.210 Public securities 50,966,201 66.644.416 84,394,083 69.268,783 73,230,438 87,309,082 87,009,406 Other securities 208,860,012 292,497,347 323,196,713 296,953,325 306,658,409 303,382,679 339,834,895 Loaned on collaterals 627,514,698 405,844,757 584,006,564 661,861,721 696,601,870 616,818,678 547,767,677 598,744,027 Loans not secured by oollateral 15,032,322 9,342,981 8,918.033 8.160.799 10,789,942 11,671.358 15,741,976 Other loans, including bills purchased 108,122,742 Bills purchased 54,051,230 87,294,263 115,761.835 102,402,940 131,026,745 125,914,655 151,119,236 Overdrafts 204.270 137,844 155,529 140,943 108,040 85.927 159.415 168,267 Real estate 17,706,522 16,066,494 22,080,844 25,039.649 25,518.600 28.135,971 29,361,282 30,640,128 Due from approved reserve deposi- tories, less offsets 95,144,026 89,175,391 160.935,501 129,011,800 99.766,017 122,628,380 100,382,483 154,059,345 Due from trust co's, banks & bankers, not included in preceding item 27,117,410 15,120,176 42,227,028 70,020,269 48,863,157 49,770,048 54.503,832 65,482,668 Specie 52,413,706 39,324.130 90,125,202 127,759,056 124,161,053 127,321,646 115,989,335 120,182.287 U S. legal tenders and bank notes 8,893,690 8,506,218 13.668,318 18,605,592 18,167,454 18,435.393 16.990.981 17,884,385 Bills and checks for next day's ex- changes, and other cash items 909,983 2,013,398 1,791,280 1,050,350 3,052,804 2,637,891 2.951.007 1,189,207 Investments as executor, eco 2,987,034 904,843 Other assets 10,492,482 25,985,818 28,608,877 24,596,820 27,513,726 48.520,598 51,728,182 40,483,232 Add for cents 40 42 45 43 42 41 42 39 Grand total 1,363.988,143 1,012,747,930 1,477,575,489 1,673,509,646 1,604,203,727 1.822,113.895 1;515,453.650 1,711,598,061

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis 22 TRUST COMPANY RETURNS. [VoL. Lxxxxm.

TRUST COMPANIES IN THE GREATER NEW YORK. LIABILITIES.

Aug. 22 1907. Dec. 31 1907. Jan. 1 1909.Sept.14 1909. Jan. 1 1910. June 30 1910. Jan. 2 1911. June 7 1911. $ $ $ $ $ $ $ 3 Oapital 60,636,600 58,251,560 60,425,000 61,675,000 63.675,000 65,656,000 64,156,000 62,456,000 Surplus and profits, market value 144.600,599 160,168.172 163,689,689 168,597.714 171.619.585 173,357,077 179,209,465 Surplus and profits, book value fti i i -8-2;:iI i Unpaid div s. , reserve to r taxes, tat., etc. 2,897,534 2,770,476 Pref. Deposits-Due State say. banks 35,126,258 26,074,330 36,446,535 35,624,692 37,683,778 40,755,044 40,624,293 44,651,981 Due State say, and loan associations 296.135 200,155 662,097 434.789 468,567 540,473 623,640 412,303 Trust deposits not payable within 30 days 20.146,656 28,200.691 36,871,355 47.832.479 24,336,543 33,996,044 DUe as exec., admin., guardian, re- ceiver, trustee, committee. &o 38.079,532 40,296.845 21,392,534 22,974,213 29,009,253 35.500.245 34,580,803 39,656,949 Deposits preferred because secured by unmatured bonds of the State 4,078,253 4,378.823 3,880.449 4,481,655 5,435,259 5,704,000 Other deposits preferred because of pledge of part of trust co. assets_ 886.500 2,609,430 4,032,481 6,442,245 4,934,470 3,942,018 1,805,166 5,266,923 Deposits otherwise preferred 996,616 2,388,755 2,472,794 4,944,837 7,345,074 2,554,737 2,811,605 752,115 Due depositors (not pref.) 688,604,953 444,817.663 748,020,445 814,808,739 774,081,989 812,120,246 Oerts. of dep. on time & dem.(not pf.) 100,352,199 48,054,808 66,761,475 81.136.510 78.596,293 57,114,917 874,289,233 980.546,639 Time deposits not payable within 30 days, represented by certificates, &c 40,284.595 133.925,128 105,681,485 89,672.550 Due trust companies 41,527,250 22,234,360 I, 101,367,610 112,647,019 80.786.598 84,424.117 80,873,915 134,230,394 Due banks and bankers 40,738,939 18,976,184 j

Total of all deposits 946,608,382 605,652.530 1.045.665,475 1,245.517,486 1459,319,311 1.178, 38,481 1,065,380,457 1,245,217,348 Borrowed money 1,454,975 672,460 980,140 844,00 1,372,380 89,000 Preferred liability as executor, &e 2.578,790 751,265 Other liabilities 27,241.967 59.789.589 54,542,068 41.867,332 49.800,511 40.472,987 34,609,985 38,429,506 Grand total 1.205,048480 869,045.543 1,322,255 690 1,513,421,967 1.442,372,876 1,457,531,053 1,341,773,413 1,528,171,795

RESOURCES.

Aug. 22 1907. Dec. 31 1907. Jan. 1 1909.Sept. 14 1909. Jan. 1 1910, June 30 1910.Jan. 2 1911. June 7 1911. $ $ 3 $ 3 $ $ $ Bonds and mortgages 75,682,997 68,532,010 65,379,871 89,203,287 68,871.110 70,210,213 70,434,543 70,525,60 Stook and bond investments 269.699,998 Public securities 43,471.463 57,919,433 75,182,192 60,048,703 -61,-817,999 57,-3-9-5-A8 77,082,520 Other securities 166,358,136 243,085,376 268,246,371 245,895.838 255,639.724 252,467,751 282,632,840 irioaned on collaterals 582,826,452 365,723,291 548,816,033 627,481,274 660,489,153 580,288.485 509,483,028 562,145,142 Loans, not secured by collateral 9,772,982 5,765,63T 6,347,894 5.203,728 7.200,362 7,940,524 11,876,036 Other loans and bills purchased 86,770,861 Bilis purchased 41,991.223 71,885.130 98,046.079 82,131,718 109,526,945 102,533,889 126,-872,608 Overdrafts 165,652 121,954 141,410 126,285 95,738 74,487 151,067 145,577 Beal estate 14,950,841 13,296,286 19,270,541 22,205,844 22.633,821 25,217,981 26,339,232 27,497,495 Due from appr. res. depos., less ot/sets 83,582.058 78,992,219 146,953.404 116,699,223 89,495,686 112,082,242 87,303,726 Due from trust cos., banks and bank- 137,950,319 ers, not included In preceding Items 23,698,302 12,523,082 39,295,396 66,901,581 44,720,953 46,588,510 50,483,718 62,389,306 Specie 49,179,020 35,844,818 87,261,025 124,903.213 121,362,596 124,545,781 113,069,471 117,058,426 U. S. legal-tenders and bank notes__ _ 5.095,751 5,327,384 10,241.562 13,939.537 13,666.256 13,509,308 12,103,225 12,448,512 Bills and checks for the next day's exchange and other cash items 604,977 1,027,537 824,280 724,274 1,455,318 1,320,627 1,491,362 527,125 Investments held as executor. &o 2,578,790 751,245 Other assets 10,212,483 25,311,893 27,4 6,592 23.414,913 26,502,058 47,427,389 50,578,782 39,022,282 - Grand total 1.205.048,180 869,045.543 1,322,255,690 1,513,421,967 1,442,372,676 1.457,531.053 1,341,773,413 1,528,171,796

AGGREGATE DEPOSITS OF THE SEPARATE COMPANIES. Gain or Loss ORO UGH OF since MANHATTAN- Aug. 22 1907. Dec. 31 1907. Jan. 1 1909.Sept. 14 1909. Jan. 1 1910. June 30 1910. Jan. 2 1911. June 7 1911. Aug. 22 1911. $ $ $ $ $ $ 5 $ 3 A.star 8,965,745 8,103,748 12,245,219 14.524,970 13,895,039 14,561,257 14,774,859 20,500,712 +11,534,967 lankers' 23,861,606 20,240,194 39,021.765 44,689,107 46,602,542 88,408,353 62,013,877 94,002,531 +70,200,925 Iroadway 3,932,749 2,340,822 3,309,969 3,751,573 4.281,437 4,318,098 4,607,336 4,673,603 +740,854 aarnegie e 7,923,242 6,528,511 11.636,804 13,752,036 12,665,754 9,093,039 8,355,940 6' -7,923,242 lentral 42,137,580 33,961,798 85,749,341 86,708,959 91,394,728 69,301,070 67,843,148 83,272,417 +41.134,837 lolumbla 6.774,339 4,700,103 11,029,855 13,310,565 12,145,661 13,136,115 13,800,562 16,567,427 +9,793,088 lommerclal 3,878,981 2,948.586 4.626,215 4,843.549 5,308.155 5.426,817 4,473,784 4,584,217 +707,236 'ommonwIth (defunct) 616 476 476 476 476 2,576 584 484 -32 Impire 8,898.940 6,304,846 13,058.062 19,766,881 16,857,406 17,681,681 20,040,241 19.170,562 +10,271,622 Ignitable a 17,381,123 9.715,776 22,490,3181 a47,440,668 a49,930,289 a43,278,039 a35,044,790 a44,046,429 +10,431,677 Bowling Green a__ _ 18,233,629 11,209,036 14,637.467 'armers' Loan 4 Trust 81,702,513 58,497,300 122,389,38 143,699,387 115,793,639 126,669,224 116,368,590 132,923,092 +51,220,579 Idelity 3,028,403 3,016,254 5,177,550 5,672,107 6.602,632 6,762,977 7,008,343 7,196 214 +4,167,811 'ulton 7,423,429 6.047,183 7,613,282 8,745,838 7,871,433 7,457,389 7,723,527 8,431,695 +1,008,268 luaranty c 41,998,504 28,161,527 89,031,398 89,084,701 77,832.184 Fifth Avenue c 17,532,798 10,413,911 14,882,682 16.808,558 17,636,478 }c154,817,622 c124,815,857 c144,696,620 +44,656.492 Morton c 40,510,828 22,166,365 36,365.370 41,780,307 33,863.400 luardian 4,185,255 3,315,280 4,126,034 3,921,279 4,677,865 3,553,939 3.638,994 3,053,213 -1,132,042 ludson 2,066,175 1,172,075 2,243,241 3.595.065 3,447,494 3,437,437 3,416,134 3,600,016 +1,543,441 Cnickerbocker 62,114,992 • 34,614,439 34,883,901 35,267,275 35,283,703 32,467,648 38,151,256 -23,963,736 Awyers' Title Ins. & T 8,524,049 5,511,071 11,936,708 15,442,156 12,405,502 13,410.283 13,452,914 17,187,235 +8,663 188 ,incoin 22,400.958 8,483,066 9,233,876 10,942,091 12,4b2,637 11,228,335 11,141,401 11,220,771 -11,180,187 fadison d 8,101.350 5,623,758 7,541,352 8,599,384 7,453,215 6,481,354 d6.540,091 d .. -8,101,350 fanhattan 10,975.957 9,327,741 20,240,520 18,633,713 26,904,439 18,413,733 19,051,288 1-8,834,155 +7,858,198 fercantile 35,119,131 23,277,232 49,434,429 84,529,768 56,109,550 55.607,715 48.382,224 68,405,054 +31.285,923 letropolitan 23.747,751 15,764.837 21,147,691 27,101,096 26,817.084 25,433,955 24,971,982 28,664,333 +4,916,582 lutual Alliance 5,763,501 3,651,793 7.371,744 9,546,340 12.716,417 8,221,800 8,493.763 8,149,998 +2,386,497 Iew York Life Ins.&T. 33,782,456 24,680,912 35,478,878 40,776,675 37,795,781 40,125,372 35,550.811 39,057,251 +5.274,795 few York 33.517,360 27,862,835 42,593,538 73,549,499 51,486,440 50,070,081 41,313,028 47,258,507 +13,741 147 lavoy b 1,569,287 909,024 1,023,152 1,280.170 1,836,544 1.750,715 1,762,388 1,109,004 -460,283 tandard 12,884,258 7,691,641 15,534,457 18,242,248 16,715,732 15,371,194 16,583,839 19,826,237 +6,941,979 71tie Guar. & Trust 28.495,980 21,574,528 22,051,658 27,683,102 26,355,280 24,979,031 24,224,805 29,664,778 +1.168,798 7rust Co. of America 64,124,995 20,705,636 26.893.245 27,252,981 29,074,839 31,011.177 26,881,367 28,915,166 -35,209,829 Jnion Trust 48,231,644 44,169,764 55,324,808 66,045,033 61,485,010 62,847,335 53,527,947 58,142,958 +9,910,814 hilted States Mtge.&T. 30,982.562 20,096,258 27,313,836 42.829,119 41,002.035 47,667,075 43,415,252 56,365,003 +25,382,441 hilted States 59,394,159 47,302,953 71,353,611 76,001,586 69.111,176 64,075,039 58,735.106 70,349,033 +10,954,874 Vashington 9,798,340 7.415,009 10,068,724 10,225,499 10,162,558 10,464.985 10,306,003 9,910,328 +120,988 Vindsor 11,162,536 7.773,031 8,589,889 7,512,059 8.866,152 7,137,862 6,844,238 4,496,537 -6.665,999 Total 849,123,619 538.664.879 957,378.793 1443.172,444 1,064,954.258 1.077.464.377 977.572.641 1,140,504,936 +291,381,317

• Not reporting on account of suspension, and not Included In total. a The Bowling Green was consolidated with Equitable Trust Co. March 31 1909. b Title changed from Italian-American Trust Co. Nov. 1909. e Fifth Avenue and Morton were consolidated with Guaranty Trust Co. Jan. 27 1910. On Jan. 9 1911 arrangements were made to take over the Madison Trust Co. by Equitable Trust Co. e Banking Department closed the Carnegie Trust and assumed charge Jan. 7 1911.

Gain or Los 10ROUGH OF since BROOKLYN- Aug. 22 1907,Dec. 31 1307.Jan. 1 1909.Sept. 14 1909. Jan. 1 1910. June 30 1910. Jan. 2 1911, June 7 1911. Aug. 22 1907. $ $ $ $ $ $ $ 3 $ Brooklyn 15,363,635 11.328.311 17,034.708 18,940.663 18,545.897 19,180,243 18,071,271 20,213,547 +4,849,912 litisens 1,592,398 1,035,792 1,207.085 1,792,961 1.538.642 1,476,019 1.439,877 1,629,314 +36,916 Flatbush 3,104,410 2,541.372 3,447.861 4,254,194 4,017,215 4,326,003 3,875,130 4,500,574 +1,396,164 Franklin 10,929,960 7,579,036 10,191,448 12,617,799 11,832,235 12,079,278 12,103,762 14,296,019 +3,366,059 EramIlton 6.734,731 5,490,952 6,454,860 . 7,737,541 6,732.835 6,970,603 7,321,308 7,381,201 +646,470 Rome 2,636,974 1,638,373 1,739,273 2,152,532 2,107,011 2,230.497 2,452,328 2,829,851 +192.877 Kings County 12.346,322 10.120,685 13,846,430 15,084.194 15,065,023 16465,517 15,258,377 15.936,435 +3,590,113 Lafayette x 4.344,881 • • • • • * • -4,344,881 Long Island Loan & Tr, 7,055,388 6,489,355 8,181.236 9,948,324 9.008,883 9,392,439 8.841,610 8,721,256 +1.665,888 Nassau 8,290.228 5,329,614 6,088,506 6,279,495 6,374.010 5,955,159 5,660.371 6,182,093 -2,101,399 People's 14,946,',02 13,851,462 17,064.592 19,413,170 17,820,688 20,338.472 19,229,883 21,118,539 +6,171.837 Wlillamsburgh a 8.206,663 • 1.686.424 2.223,433 1.750.798 1,376,535 a169,857 a 8,208,663 otal 95,552.272 65,504,952 86.922.493 100,444.306 92.793,237 99,490,765 94,421,774 102,808,829 +7,256,557 ROPO. OF QUEENS- -I- • .q County 1.934.491 1.482.818 1,364.318 1,900.867 1,571.945 1.983,462 1,742,086 1,903,664 -30,827

• Not reporting on account of suspension. z Formerly Jenkins Trust Co. a Williamsburg Trust Co. voted to dissolve its_business In Jan. 1911.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis 23 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 1911. 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,lusing the classification adopted in the official list. All quotations in the column headed "Price about January 3 1911" were made on that date, except those in italics, which are the nearest in January 1911. The black-faced letters in the column headed "Interest Period" indicate in each case the month when the bonds mature. In accordance with the new rule adopted by the New York Stock Exchange 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. PFFor foot-notes to tables see last page of bonds and last page of stocks. BONDS-PRICES AND SALES FOR AUGUST AND THE YEAR 1911.

Int. Sales in Price about PRICES IN AUGUST. RANGE SINCE JAN. 1. BONDS. Peri- August. Jan. 3 N Y STOCK EXCHANGE od. (Par val.) 1911. Aug. 1. Aug. 31. Lowest. Highest. Lowest. Highest. U S Gov & City Securities Bid. Ask. Bid. Ask. Bid. Ask. Sale Prices. Sale Prices. Sale Prices. Sale Prices. US 2s, cons, reg____April 1930 100% 101% wog loox l00% loou 101 Feb. 15 101 4 Feb. 15 U S 2s, cons, coupon_ April 1930 100% 101% 1003, loom 101 101 Feb. 1 101%8 Apr. 3 U S 3s, reg 10-20s____Aug 1918 Q - F 1,000 102 102% 101% 102% 101% 102% 101%5 Aug. 30 101 Aug. 30 101%5 Aug. 30 1031% Feb. 8 U S 3s, coup, 10-205. _Aug 1918 Q - F 1,000 102 102% 101% 101% 101% Aug. 21 10118 Aug. 211 101 May 31 1021% Apr. 17 U S 4s, registered 1925 Q - F 5,000 115% 116% 113%3 115 113%3 1143, 113% Aug. 22 113% Aug. 22'1137 Aug. 22 116 Feb. 21 U S 4s, coupon 1925 Q - F 16,000 115% 116% 113% 115 113% 1141% 113% Aug. 2 114 Aug. 14 113%3 Aug. 2 116%3 Feb. 17 Pan Can 10-30-yr 2s_Aug 1936 Q - N 100% 100 100/34, 1001% 100%3 1001% June 6 1001% June 6 Panama Canal 3s 1961 465,000 102% 102% 102%5 Sale 101% Aug. 8 102%5 Aug. 31 1011% Aug. 8 103 June 22 Kew York City-4s 1959 M - N 319,000 99% Sale 100 Sale 100 Sale 99/34 Aug. 25 100 Aug. 19 981% Jan. 10 100% June 8 41%% Corporate stock.. 1960 M - S 335,000 101% Sale 102% Sale 102%3 Sale 102% Aug. 17 102%3 Aug. 29 100% Jan. 12 103 May 13 4% Corporate stock.....1958 M - N 43,000 99% Sale 99% 100 99/34 100 99%3 Aug. 24 100 Aug. 23 981% Jan. 10 100y July 10 New 41%s 1957 M- N 107,0 0 107% Sale 109 109% 108% Sale 108%7 Aug. 25 109% Aug. 8 1061% Jan. 13 1091% Aug. 8 New 41%s 1917 M - N 2,000 102 102%3 1021% 1021% Aug. 28 102% Aug. 28 1011% Mch 29 103 May 22 May 15 41%% Corporate Stock_ _1957 M N 38,000 107% Sale 108% Sale 108% 109 108% Aug. 9 109 Aug. 22 1063, Jan. 12 1091% 41%% assessm't bonds 1917 M- N 38,000 102 103 1021% 1021% 102% Aug. 24 102% Aug. 25 102 Jan. 25 103 Jan. 5 4% Corporate Stock_ 1957 M - N 51,000 99i Sale 99'% 100Y8 99% Sale 99% Aug. 12 100 Aug. 21 981% Jan. 12 1001% June 5 3, % Corporate Stock_ _1954 M - N 3,000 863 88% Sale 88% Aug. 1 89 Aug. 10 88 Feb. 8 89 Aug. 10 New xork State-4s 1961 M - S 797,000 103 Sale 103 Sale 102%5 Aug. 10 1034 Aug. 25 1021% Aug. 10 1031% July 25 Canal Improvement 4s1960 J - J 20,000 104% 104% 103 103% Aug. 21 103% Aug. 15 1034 Aug. 21 1061% June 2 Foreign Gov't Securities Argentine-Internal 5s of 1909_ M - S 31,000 97% Sale a97% 97% a97 Sale 97 Aug. 28 97% Aug. 4 97 Aug. 28 993% Mch. 15 Imperial Chinese Govt- %8 Hukuang Ry sterling 5s 1951 J - D 460,000 a98% Sale a97% Sale 97 Aug. 31 99 Aug. 2 97% June 26 99 July 31 Imperial Japanese Gov't- 73,000 95% Sale Sale a94 94 94% Aug. 26 94/343 Aug. 21 93%5 Mch. 27 95% Jan. 3 Sterling loan 4%s 1925 F - A a94% 1/ %8 2d series 4%s 1925 - 27,000 954 Sale a94% Sale a_ __ _ 941% 93% Aug. 30 94 Aug. 1 93 Mch. 31 953% Jan. 13 Sterling loan 4s 1931 J 12,000 89% 90 a87% 88% a88 Sale 87% Aug. 3 883 Aug. 18 87% July 15 90 Jan. b Rep of Cuba 5s, ext debt_.1904 M- S 60,000 10243 Sale al02%103 a1034 03% 102% Aug. 24 103% Aug. 21 102% Apr. 4 104 Feb. 21 a_ 99 a97 97%5 Jan. 17 100 Feb. 2 44s external loan 1949 F - A 97% • %3 San Paulo 5s trust bonds_ _1919 J -J 17,0001: 974 Sale 97% Sale 97% 98 97% Aug. 24 97% Aug. 16, 97 Jan. 23 97 July 20 U S of Mexico External gold loan of 1899, sink fund 5s_ _ Q- 15,000 973's Sale a97 Sale a96% 07% 97 Aug. 1 97% Aug. 30 95% June 26 97% Jan. 6 4s gold debt of 1904_ __ _1954 J -D 15,000 92% 94 92% 89% 90 891% Aug. 24 90 Aug. 4 89% Aug. 24 94% Jan. 20 Railroad Bonds labama Cent. See South Ry Alabama Mid. See Atl Coast I. Albany & Susq. See Del & Hud Allegheny Valley. See Pa RR Allegh & West. See Buff R & P Am Dock & Imp. See CentofNJ Ann Arbor 1st g 4s .July 1995 Q - J 38,000 77% 78% 80 82 80% 80 Aug. 25 81 Aug. 4 78% Jan. 4 85 Mch. &itch Top ac S F-Gen g, s 1995 A - 0 293,000 99%5 Sale 99 Sale 981% Sale 981% Aug. 21 99% Aug. 24 98 Mch. 13 99% Jan. 3 Registered98 1995 A - 0 99 97% July 6 988% May 2 Adjustment g, 4s__July 1995 Nov 41,000 911% Sale 91%3 92 91%3 921% 91/38 Aug. 23 92 Aug. 17 90% Mch. 29 92% Jan. 20 Registered July 1995 Nov 90 90 Stamped July 1995 M - N 88,000 911% 92 91 92 91% Sale 91% Aug. 14 92 Aug. 9 90% Mch. 30 92% Jan. 26 50-year cony, gold 4s...._1955 J - D 268,000 105 Sale 1111% Sale 104% 105 104 Aug. 25 111 Aug. 1 104 Aug. 25 116% June 5 Cony 4s issue of 1909___1955 J - D 1061% 113%7 105% Jan. 5 114 June 2 Cony 4s issue of 1910___1960 J - D 2,817,000 102% Sale 1031% Sale 98% Sale 98% Aug. 28 103% Aug. 2 98% Aug. 28 1055 June 7 10-year cony, gold 5s___1917 J - D 692,000 108 108% 111% 112 1061% Sale 105/34 Aug. 14 11143 Aug. 2 105%3 Aug. 14 116% June 5 Debenture, Series J 1912 F - A 99 Series K 1913 11 - A 98 99% July 10 99% May 5 East Okla Div, 1st g, 4s_1928 M - S 2,000 96 96% 97% 96 97% 96 Aug. 14 96% Aug. 8 96 Aug. 14 97% Apr. 10 Short Line 1st 4s, gold__1958 J - J 934 93% 92% Mch. 2 94% May II S Fe Pres & Phe, lst g 531942 M - S 10993 Ws, Sale 108% 109 108 109 los% June 29 109% May 26 Chic & St Louis 1st 6s_1915 M - S 105% 106% 104%3 106% July 31 106% July 31 Allan Knoxv & No. See L & N Atl Coast L 1st 4 gs___July 1952 M- S 229,000 943% Sale 95 Sale 95 96 95 Aug. 1 96% Aug. 23 93% Mch. 31 96% Aug. 23 Registered July 1952 M - S 95 5s_ _1928 M - N 3,000 107% 108 107% 108 Aug. 5 108% Aug. 23 108 Mch. 25 108% Aug. 23 Ala Mid, 1st, gu, g, %8 Bruns & W, 1st gu, g, 4s 1938 J - J 943% 95 95 94 95% 95% Mch. 17 953% Mch. 17 Charl & Say, 1st g, 7s___1936 J - J 131 138% 138% L dc N collat g, 4s_ _Oct 1952 M - N 152,000 92% Sale 93% 94 92 • Sale 92 Aug. 28 94 Aug. 2 92 Aug. 28 96 % Feb. 1 Say Fl & W. 1st g, 6s_ _1934 A - 0 123 124% 128 1244 126 124% Mch. 30 126 June 7 A - 0 110 110 111 108 110% May 25 111 Feb. 18 1st g, 55 1934 %3 Sit Sp 0 & G, gu, g 4s___1918 J - J 95 97 97 97 97% 97 July 5 974 May 17 Allan & Danv. See South'n Ry Allan & Yadk. See South'n Ry Austin & N W. See So Pacific -Pr lien, g, 3 %s 1925 J - J 27,000 92% Sale 92 92% 92 92% 92 Aug. 2 92% Aug. 3 911% July 13 93 Jan. 17 pelt & 0 10 IL' Registered Q - J go 91% 91 91 91% May 91% May 10 Gold, 4s July 1948 A - 0 77,000 99 Sale 98% Sale 98% 99 97/g7 Aug. 17 98% Aug. 25 97/18 Aug. 17 993% Feb. 21 Registered Q - J 98 97% 97%1 97 Apr 12 98 Y8 Feb. 8 Pitts June, 1st g, 6s..__1022 .1 - J 111% 112% 112%3 Pitts Jet & M D 1st g 3%s'25 M - N 1,000 873% 88 88 88% 88% Aug. 7 88% Aug. 7 873% Jan. 10 88% May 18 PLE & WVaSys,ref,g,4s 1941 M - N 48,000 92 Sale 911% Sale 90yi 91 90 Aug. 25 91% Aug. 1 90 Aug. 25 924 Jan. 3 S W Div, lst g, 3 %s_ -1925 J - J 39,000 905 Sale 903% 91 90% 90% 90% Aug. 17 90% Aug. 26 90 Apr. 3 91% May 26 CO Reorg 1st con, g, 4%s'30 1. S 100 98 98 °ley Lor&W con,lst g 5s 1933 A - 0 108 106 107% Mon R 1st gu g, 58 1919 F -A 101% 102% 101 102% Feb. 15 102il Feb. 15 Ohio Riv RR-lst g, 5s_1936 J - D 109% 110193: 111 109% 110% 109% Apr. 4 109 Apr. 4 Gen, g, 5s 1937 A - 0 108 110 106 109% 105% 109% 106 July 24 109 May 12 Pitts Clev & Tol,Ist g,68 1922 A - 0 5,000 113 1134 Aug. 24 113% Aug. 24 1131% Feb. 28 113% Jan. 17 Pittsb & West 1st g, 4s.._1917 J - J 961% 97% 97% 97% Feb. 16 97% Feb. 10 Stat IslRy,lst,gu,g,4%s 1943 J • D 80 85 81 Battle Creek&Stur. See Mich C Beech Creek. See N Y C & Hud Bellev & Carond. See Ill Cent Bruns & West. See Atl Coast L Buffalo N Y & Erie. See Erie Buff R & Fi en, g, 5s-__1937 M - S 111% 115% 113 113% 112% Mch. 28 113 Mch. 6 Consol 4s 1957 M - N 4,000 105% 109 1070 108% 105% 107% 1074 Aug. 4 1074 Aug. 4 107% Aug. 4108% June 6 Feb. 7 Allegh & West 1st g, gu 4s '98 A - 0 964 97 4 97 Feb. 7 97 01 & Mali, 1st gu g, 5s__1943 J - J 1084 1109% 109

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

Int. Sales in BONDS. Price about PRICES IN AUGUST. RANGE SINCE Peri- August. Jan. 3 JAN. 1. N Y STOCK EXCHANGE od. (Par val.) 1911. Aug. 1. Aug. 31. Lowest. Highest. Lowest. Highest. Buff Roch & Pitts (con.- Bid. Ask. Bid. Ask. Bid. Ask. Sale Prices. Sale Prices Sale Price. Roch & Pittsb 1st g,6s_ _1921 F - A 115)4 118 11434 114% Sale Price. Consol, 1st g, 6s 1922 J - D 1144 June 7114% June 28 &Sus-lst 116 11634 117% 11634 117%3 1164 Feb. Buff ref g 4s Apr 1951 J - J 72% 71 71 3 11634 Mch. 3 Burl 0 R & No. See CRI & Pac an So 1st extended 6s_ _1913 J - J 35,000 103 1034 10234 102% 102% Sale 102% Aug. 9 10294 C 2d 158 1913 M - S 13,000 Aug. 25 102% June 26 10334 Feb. 8 100% 1014 100% 10154 10054 100% 10034 Aug. 25 100% Aug. 3 10054 Aug. 25 Registered 1913 M - S 10134 10154 Feb. 17 Carb & Shawn. See Ill Central 100% Jan, 9 10034 Jan. 9 Carolina Cent. See Scab Air L Carthage & Ad. SeeNYC& H Ced Ia F & N. SeeBC &RN Cential Branch Ry. See Mo Pac Cent Branch II P. See Mo Pac Central Ohio. See Bait dr Ohio Cent of Ga-lst, g, 5s_Nov 1945 5,000 F - A 11154 1127 1134 1134 Aug. 8 11354 Aug. 11254 Jan. 31 Consol, gold, 5s 1945 M N 35,000 108 108,4 8 1144 Mch, 31 10734 Sale 109 110 10834 Aug. 1 109% Aug. 5 10734 Jan. 5 110 July Registered 1945 M - N 108 105 108 107 10734 26 1st, pref, Inc, g, 5s_Nov 1945 Oct 70,000 107 July 19 107 July 19 10154 Sale 9634 97 97 9634 Aug. 14 97 Aug. 2 July Stamped 100 102 9654 97 96 25 108 Apr. 10 2d, pref, Inc, g, 5s_Nov 1945 Oct 9954 Sale 1004 Mch. 9 1064 May 23 Stamped 99 100 95 Feb. 24 106% Apr. 5 3d, 100 Mch. 20 100 Mch. 20 pref, Inc, g, 5s_Nov 1945 Oct 974 100 98 98 Stamped 9734 100 85 Feb. 24 102 Apr. Chat Div pur money, g,45 '51 J -D 86 90 87 9054 87 0054 Mac & Nor Div, 1st, g,5s1946 J -J 5,000 10554 87 Feb. 14 8834 June 26 Mid 10634 106 Aug. 16 10634 Aug. 9 105 Jan. 61064 Mch. 30 Ga & Atl Div 5s_ __ _1947 J -J 1054 105% 105% Mobile Div, 1st, g, 58___1946 J J 10754 10934 108% 108% Feb. 109% fienRR&B of Ga-Col g 58 1937 M N 1,000 102 105 101 1033 102 103% 3 May 6 Central of N J 0 30,0 % 102 Aug. 28 102 Aug. 28 1014 Mch. 14 103 June 26 J-Gen g 58_1987 J • 0 12234 Sale 12194 12234 120% 121% 1204 Aug. 16 Registered July 3,000 121% Aug. 3 1204 Aug. 16 1233.4 Feb. 11 1987 12134 1224 12134 122 121 Sale 121 Aug. 30121 Aug. 30 121 Aug. Am Dock&Imp Co gu 55 1921?: 1084 Sale 100% 108 30 12354 Feb. 8 Leh 105 10634 June 30 Jan. & H R gen gu, g, 5s 1920 J -J 101 100% 100% 10834 25 Leh & Wilkes-B Coal 58_1912 M- N 2,000 1004 101 10054 1004 N Y & L 100 Aug. 8 100 Aug. 8 1004 Feb. 27 100 Feb. 27 Br, gen, g, 4s_ _1941 M S 5,000 9934 9954 1004 99% 100% 100 Aug. 30 Cent Pacific. See So Pac Co 100 Aug. 30 1004 Aug. 30100 Aug. 30 Cent Ver 1st,gu,g,4s_May 1920 Q - F 8734 90 8954 90/s5 Ches 90% 874 Jan. 14 9234 Mch. 10 & 0-Fund & imp 58 1928 J - J 7,000 10234 105 10454 105 104 105 104 1st, cons, g, 5s 1939 M - N 24,000 Aug. 31044 Aug. 3 1024 Jan. 13 10654 Mch. 28 11294 11334 11154 Sale 112 112% 111 Aug. 1 112 Registered 1939 M - N 11234 112 Aug. 25 1114 July 25 11354 Jan. 5 Gen, gold, 44s 1992 M- S 77,000 111% May 3111% May 3 10194 Sale 101 101 4 100% 101% 100% Aug. 21 10134 Registered /00 Aug. 3 1004 Apr. 11 102 May 18 Convertible 4.% 1838P: 2. 550,000 100 May 4 100 May 4 94 Sale 9534 Sale 929.4 Sale 92% Aug. 17 95% Aug. Aug. Big Sandy, 1st, 4s 1944 J - D 8994 85 8754 1 9294 17 9754 Feb. 23 Coal Riv Ry 85 88 87 May 2 89 Feb. 3 1st, gu, 4s_ _ 1945 J D 8594 87 83 8854 89 Craig Valley, 1st, g, Ss_ _1940 J - J 103 85 May 22 884 June 20 Potts 100 10234 1044 100 104 1024 Apr. 6 Creek Br 1st 4s__19464_ J J 81 90 80 85 80 83 103 Mch 28 & A Div, lst con g, 8_1989 J - J 6,000 9654 9634 05 Sale 9334 in 94% Aug. 4 954 Aug. 94% Aug. 2d con gold, 4$ 1989 J - J 90 02 90 9254 3 4 96 Jan. 26 Warm Sr Val 1st g, 58_1941 904 May 29 92% June 6 Greenbr'r M - S 102 10634 1084 10634 1084 Ry,lst gu,g,4s 1940 M - N 85 92 86 864 Chic & Alt RR-Ref g 3s.._1949 A - 0 744 Railway, 7294 7254 71 July 31 lat lien,g,34s_1950 J - J 56,000 70 7054 6634 Sale 66 Sale 7234 7334 Jan. 16 Chic Burl & Q-Denv 65 Aug. 18 66 Aug. 1 65 Aug. 18 713.4 Jan. 19 D 4s 1922 F - A 3,000 9934 994 9934 9934 99%3 993 Aug. Illinois Division, 3348_1949 J J 10,000 7 99 Aug. 22 99 Mch. 30 9954 Feb. 11 8834 Sale 8834 Sale 873-4 88 8734 Aug. 30 88 Mch. 31 884 Registered 1949 J - J 8654 Aug. 1 8734 Jan. 4 Illinois Div 4s 1949 J - J 83,000 9994 10034 9934 Sale 98% 99 98% Aug. 26 96% Aug. 98% Aug. 26 Registered 1949 J - J 9934 1 10034 Jan. 4 Iowa Div sink fund, 58_1919 - 100 Jan. 18 1003.Jan. 7 A 1043.4 104% 104% June Sinking fund 4s 1919 A - 0 2,000 99% 10554 16 10534 July 24 Nebraska 0954 100% 994 994 99% 993.4 Aug. 21 9954 Aug. 21 9994 Jan. 14 9954 Mch. 8 Exten, 4s_1927 M N 11,000 9894 Sale 98% 9954 98 100 Aug. 24 Registered 1927 M - N 9854 100 Aug. 18 96% Mch. 6 100 Aug. 18 9854 98% 9854 Mch. 17 Mch. Southwestern Div 4s___1921 M - S 99 99% 994 983.4 17 45, joint bonds. See at Nor 99 Feb. 21 99 Feb. 21 Debenture 5s 19195183 M - N 26,000 1013410 10134 Sale 101 Sale General 4s 140,000 1% 101 Aug. 25 10154 Aug. 2 101 Mch. 10 10156 May 22 M - S 97% Sale 96% Sale 954 Sale 95%7 Aug. 31 Chic & E Ill-Ref & imp g J J 14,000 81 9854 Aug. 4 954 Aug. 31 98 Jan. 4 4s1955 82 824 81% 81 81 Aug. 22 Aug. 2 81 Mch. 16 1st cons, gold, 6s 1934 A - 0 1,000 123% 129 126% 123 125 8194 83 Jan. 20 Gen cons, 1st, 55 M- 7,000 12634 Aug. 5 12634 Aug. 5 12634 June 23 127 Jan. 19 1937 N 109% 11154 110% 1114 1094 111 10934 Aug. 28 1114 Registered M N 109 110% Aug. 3 10934 Aug. 28 1114 June 10 Ch & Ind Coal Ry 1st 5s J J 2 000 108 ?itch. 21 1089' Mch. 21 Chic(It 1993376 10934 11034 109% 109% 109% Aug. 14 1094 Aug. 11 109 Apr. 10 West-let 50-yr 4s 1959 M - S 130,000 845' 84% 84% Sale 83% Sale 110 Mch. 31 Chic Ind & Lou-Ref, J J 5,000 83% Aug. 25 84% Aug. 4 8354 Aug. 25 86 Apr. 7 g,6s 1947 125% 127 127% 1264 128 127 Aug. 1274 Aug. 4 Refunding, gold, sa___ _1947 J -J 6,000 10734 10754 29 127 Mch. 21 128% May 22 Refunding 109% Sale 107% Aug. 30 10954 Aug. 31 107% Aug. 30 111 Apr. 25 4s Series C_ _ _1947 J 03 94 %5 Ind & Louisv 1st guar 48.1956 J -J 95 Apr. 10 95 Apr. 12 Chic 8934 Ind & Sou-50-yr 4s 1956 J J 91% 95 92 92% 92 9234 Chic L S & Eastern 5,000 92 June 14 934 Feb. 15 1st 454s1969 J -D 104 104% 104 104 Aug. 10 104 Aug. 10 104 Aug. 10 Chic Milw & St Paul-58_ _1914 - J 6,000 104% July 19 102% 102% 10254 101% 102% Aug. 14 10254 Aug. 4 10234 Mch. 30 June 17 Gen, g, 4s, ser A__May 1989 J J 89,000 99% Sale 98% Sale 1023 Registered 9854 98% 9854 Aug. 8 984 Aug. 21 98 June 28 9954 Jan. 10 May 1989 Q- 994 Jan. 7 Gen g, 3342, ser B_May 1989 9,000 88 Sale 864 094 Jan. 7 Registered 8734 8634 8734 864 Aug. 3 8734 Aug. 14 864 July 1 8854 Jan. 20 May 1989 8734 86 June 12 25-year deben 4s J -J 41,000 9254 86 June 12 Ch 924 Sale 92% 914 92% 924 Aug. 19 92 Aug. 8 92 Mch. 28 9334 May 2 & L Sup, Div, g, 58_21993421 J -J 3,000 1065 106% 107% 106 Ch & Mo Riv 10794 106%8 Aug. 14 1065 Aug. 15 106%3 Aug. 14 107 Jan. 9 Div, 5a_ _1926 J J 10834 10934 108% 10834 Apr. P W, 1st. g, 5s____1921 J J 13,000 17 109 Mch. 20 6hDak & 10658 106% 106% 10734 106 107% 106 Aug. 25 10694 Aug. 4 106 Aug. 25 1074 May 24 dr (It So,g, os 1916 J -J 2,000 10334 104% 10354 104 10354 1 Dubuque Div 1st, 6s_1920 033s 1034 Aug. 28 10354 Aug. 24 1034 Aug. 28 103 July 7 s f, J - J 113% 114 11356 114 Feb. Fargo & So, assu, g, 6s_ _1924 J - J 5,000 116 1167 17 11454 Apr. 12 1st La Crosse 11654 11794 Aug 15 11734 Aug. 15 11734 Jan. 7 11754 Aug. 15 & D, 5s_ _1919 J - .1 1,000 105 10534 105 105 Aug. 24 Wig & Minn Div, g, 5s_ J Aug. 24 105 105 Aug. 24 105 Aug. 24 _1921 - 106 106% 106 10634 Apr. Mil & No 1st consol, 68 _1913 J D 2,000 1044 102 10 10754 Feb. 24 Ohio & North W 1037 10354 54 103 Aug. 16 1033.4 Aug. 15 103 Aug. 16 10334 Feb. 28 cons 7s_ _ _1915 g - F 11,000 11034 113 1003.4 11054 10834 1094 Aug. Extension 4s 1886-1926 F - A 2,000 10934 25 10954 Aug. 25 loom Aug. 25 112 Feb. 3 995 9734 98% 97 98 97 Aug. 24 977 Aug. 24 Aug. 24 %8 Jan. 18 Registered 1886-18N 5,000 98% 9656 974 99 eneral, gold, 354a A 9654 99 9934 Aug. 12 9954 Aug. 12 97 Mch. 7 9954 Aug. 12 G 80,000 88 Sale 86% 86% 86 17 Registered Nov 1987 Q - F 8554 Aug. 28 864 Aug. 85% Aug. 28 8834 Jan. 20 General 4s 1987 M - N 260,000 Sinking 9854 Sale 974 Sale 974 Aug. 25 9834 Aug. 97 Apr. 21 9954 Apr. 25 fund 68_187e-1929 A - 0 111% 11154 4 Registered 1879-1929 A - 0 112 Jan. 17 112 Jan. 17 Sinking 111 11034 1101 fund 58_1879-1929 A - 0 105% 107 10734 107 Registered 1879-1929 106 Mch. 10 107% May 22 A - 0 104% 10354 107% 103 107% Debenture 5s 1921 A - 0 6,000 104% 10734 May 29 May 29 106 107 105% 104 10634 104% Aug. 22 104% Aug. 22 104 Aug. 106 Jan. 4 Registered 1921 A - 0 1054 105 4 22 Sinking fund deb 5s_ _ _1933 M - N 2,000 Registered 108 10934 1093.6 107 Aug. 2 107 Aug. 2 107 Aug. 2 1094 June 20 3,000 1078 107'4 107% Aug. Frem Elk & Mo V 1st 6s FE 3107% Aug. 3 10754 Apr. 6 1084 Mch. 6 1264 1275 127% 127 Feb. 10 12854 July 11 Mani OB&NW 1st gu 354s'41 J - J 8634 Milwau & S L lst gu 3501941 J - J M L S & West, 1st, g, 68_1921 M - N 15,000 115 115% 11554 Sale 114 115 11434 Aug. 15 Aug. Aug. 15 Ext & imp, s f, g, 6s_ _1929 F -A 2,000 11554 1 11434 11554 Mch. 20 109 nog 109% 11034 Aug. 2 11094 Aug. 2 10935 Feb. 3111 May 2 Ashland Div, 1st, g, 6E31925 M - S 11734 11854 117 Michigan Div, 1st,g,681924 J J 11”,i 1184 118 119% 118 Jan. 3t 118 Chic R I & Pacific, 6s 1917 J - J 2,000 109% 112 109% Jan. 31 Registered 110 10834 110 10934 Aug. 17 10954 Aug. 17 10954 Aug. 17 110 Jan. 20 1917 J - J 108 11034 100% 10854 General, gold, 4s 1988 J - J 63,000 9754 Sale34 9654 Sale Sale Registered 9654 95% Aug. 25 97 Aug. 14 95% Aug. 25 98 Jan. 6 1988 J - J 9754 9654 Refunding, gold, 4s_ 1934 A - 0 188,000 89 Sale 8954 Sale 88% Sale 8834 Aug. 25 89% 884 Feb. 28 90 Collat trust, Series J 1912 M - N 98 Aug. 1 April 29 Series L 1914 M - N 96 9834 9734 973.4 9754 Feb. 4 Series M 1915 M - N 95 96% 9734 Feb. 4 Series 0 97 9634 9754 9654 June 24 97% Apr. 24 1917 M - N 94 95 95 95% Series P 1918 M - N 934 94% Shic R I & 95 9454 94% April 29 94% April 29 Pac RR 4a 2002 M - N 1,085,000 73 Sale 75 Sale 7254 Sale 72 Registered 2002 M - N Aug. 25 75 Aug. 3 72 Aug. 25 77 May 5 74% Feb. 1 July R 1 Ark & L 434u ree_1934 93% 9234 94 93 94 7534 14 Burl C R & No-gold 58 -1034 A - 0 10,000 93 July 7 94 Feb. 16 11034 11254 11154 Sale 111 11154 Aug. 1 11134 Aug. 1 11154 Aug. 1 Registered 1934 A - 110% 110 11234 Feb. 15

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis SEPT., 1911.] BONDS-STOCK EXCHANGE RECORD. 25

Sales in Price about PRICES IN AUGUST. RANGE SINCE JAN. 1. BONDS. Peri- August. Jan. 3 N if STOCK EXCHANGE od. (Par val.) 1911. Aug. 1. Aug. 31. Lowest. Highest. Lowest. Highest. Ohio R I & P—(Concluded)— $ Bid. Ask.Bid. Ask. Sale Prices. Sale Prices. Sale Prices. Sale Prices. CRIF&N W,gu, g 5s _1921 A - 0 104% 105 105 10634 Feb. 23 1063.4 Feb. 23 M & St L, 1st gu, g, 7s_ _1927 J - D Choc Okl&G gen, g 5s,Oct'19 J - J 25,000 102% 10254 103 103 10231 Aug. 15 10234 Aug. 15 10234 Mch. 14 102% May 31 Consol, gold, 5s 1952 M N 11054 108 10834 108 108% 10834 July 22 10934 Feb. 6 Keok & Des M, lst,5s 1923 A - 0 1,000 100% 101 102 9851 102 101 Aug. 4 101 Aug. 4 100 Jan. 24 103 June 3 Chic St L & N 0. See III Cent Chic St L & Pitts. See PennCo 011ie St P M & 0, cons 6s_ _1930 J -D 2,000 124 Sale 12434 12634 12334 124%3 125 Aug. 10 12554 Aug. 3 124 Jan. 3 12534 Aug. 3 Cons 6s, reduced to 354_1930 J - D 85 88% 8843 Ch St P & Min, 1st g, 6s_1918 M - N 124 Sale 1233' 12334 124 Jan. 4 12534 Jan. 20 North Wisconsin 1st 6s_ _1930 J - J 122% 12754 123/6 125 1233,4 125 St P & S City, 1st g, 6s__1919 A - 2,000 112% 11254 112%3 11134 111%3 111%3 Aug. 15 111%3 Aug. 15 111%3 Aug. 15 1123j Mch 13 Ghic & W I gen, g, 6s_Dec 1932 Q - M 1,000 109 11054 108 108 108 Aug. 25 108 Aug. 25 108 Aug. 25 10934 June 15 Consol 50-year 4s 1952 J - J 12,000 91% 93 9234 92%3 9254 9234 Aug. 2 92%3 Aug. 2 9234 Jan. 13 9354 May 19 Chic & W Mich. See Pere Marq Choc Oki & G. SeeCRI& P Qin Ham & D 2d g, 45,0..1937 J - J 99% 101 101 Apr. 18 10134 May 25 1st guar 4s 1959 J - J 89 89 89 88%3 May 18 89 May 25 Cin D & I, 1st guar g 5s_1941 M - N 103% 105% 104 10434 104 105 10234 Mch. 14 104%8 Feb. 21 CinFin&FtW,lst gu g 48.1923 M - N 88 Mch. 15 88 Mch. 15 Cin Ind & W, 1st gu g 48.1953 J - J • 8,000 88 883,4 8854 8854 Aug. 9 8834 Aug. 9 88 May 9 8854 Aug. 9 Ind Dec&West 1st, g, 5s.1935 J - J 101 104 105 105 _ 103 Jan. 21 105 May 4 1st guar gold 5s 1935 J - J Inn Ind St L & C See CCC&StL In San & Clev. See CCC&StL Clearfield & Mahon. See BR&P C C & St L gen g 4s 1993J -D 56,000 93% 95 92 9234 9234 92 Aug. 22 93 Aug. 10 92 Aug. 22 95 Feb. 11 Cairo Div, 1st, gold, 4s_ _1939 J - J 93 92 Feb. 9 92 Feb. 9 Cin W & M Div, 1st g 4s_ 1991 J - J 93 92% 92 St L Div, 1st coil tr g 4s_1990 M - N 5,000 94 95 9134 92 91 9234 92 Aug. 23 92 Aug. 23 91%3 July 24 94 Jan. 12 Registered 1990 M N 90 93 90 Sp & Col Div, 1st g 4s__1940 M - S 92 100% W W Val Div. 1st g 4s__1940 J - J 91%, 9054 92 90 92 Cin I St L & C, cons 6s_ _1920 M - N 1,000 105% 106 1053.' 10554 Aug. 17 10534 Aug. 17 10534 Aug. 17 106%8 June 1 First gold 4s____ Aug 1936 Q - F 1,000 9754 9634 963 9634 Aug. 28 9634 Aug. 28 96 Feb. 7 97 Feb. 17 Registered _ _ _ _ Aug 1936 Q - F 93% 97% 95% 95% Cin S & Cl, cons 1st g 5s_1928 J - J 105% 107 107 106 Jan. 4 10643 Jan. 20 CI C C & In consol 7s_ _ _1914 J -D • 9,000 106% 10734 10754 10754 Aug. 710734 Aug. 7 10734 Feb. 1110734 May 18 Consol sink fund, 7s_ _1914 J - 1) Gen'l consol, gold, 65_1934 J - J 125% 123 123 12534 Feb. 7 12534 Feb. 7 Registered 1934 J - J Ind 131 & W, 1st pref, 4s_1940 A .0 0 I & W, 1st pf, 5s_Apr 1938 Q - J , Peor & East, 1st cons 4s_1940 A - 0 91 92 91% 9234 91%5 90 Jan. 7 93 Jan. 24 Income 4s 1990 Apr. 46,000 59 Sale 4854 50 40 44 44 Aug. 26 483.4 Aug. 7 44 Aug. 26 6154 Jan. 16 Sieve Lor & W. See Balt & 0 Gleve & Mahon Vail. See Erie Cleve & Marietta. See Penn RR Cleveland & Pitts. See PennCo Colo Midland—lst g 4s_ _ _1047 J - J 18,000 96% Sale 63 6434 61 Sale 61 Aug. 31 63 Aug. 11 61 Aug. 31 69 Jan. 13 Colo & Southern 1st g 4s_ _1929 F - A 55,000 96 Sale 96 Sale 9634 Sale 9534 Aug. 1 9634 Aug. 23 947% Mch. 21 9754 Jan. 23 Refunding Sr ext, 454s...1935 M - N 56,000 97% Sale 98 9834 96 97 96 Aug. 17 9854 Aug. 3 96 Aug. 17 9843 Jan. 6 F W & D City—lst g 68_1921 J - D 1,000 113 111%3 11234 112 113 112 Aug. 2 112 Aug. 2 11134 July 29 113 Jan. 27 Colum & Greenv. See South Ry Colum & Hock V. See Hock Val Col Conn & Term. See Nor&W Conn & Pas Rivs, 1st g 48_1943 A - 0 Cuba RR 1st 50-year 5s g_.A952 J - J 99% Dakota & Gt So. See CM&StP alias & Waco. See Mo K &T Delaware Lack & Western— Morris & Essex 1st 7s_ _ _1914 M. N 10854 107%3 10734 10734 July 13 10834 Jan. 20 First cons guar, 7s___1915 J - D 111% 11034 11034 11054 11034 June 21118% Jan,. 17 Registered 1915 J D let ref, guar, g, 354s_ _2000 J - D 91 90 90 91 Jan. 6 91 Jan. 6 N Y L & W, 1st, 6s 1921J J 115% 118 11434 11534 114 11554 11534 May 4 11634 Mch. 7 Construction 5s 1923 F A 107% 107 10654 10754 May 4 10754 May 4 Term & improv't 4s_ _1923 M - N 98% 99 99 99 Jan. 18 9934 Jan. 19 War RR 1st ref gu g 3%52000 F - A 85 8754 87% Del & H-1st Penn Div 7s_1917 M - S 3,0001 117% 120 11554 11534 114%8 117 11554 Aug. 30 115%7 Aug. 28 11534 Aug. 30 116 May 8 Registered 1917 M - S 118 10-year convert deb 48..1916 J - D 4,000: 98% Sale 9834 9754 98 Aug. 18 9834 Aug. 15 98 Aug. 18 100 May 22 1st lien eq 15-yr g 454s_ _1022 J - J 11,000:101% Sale 10154 10154 10134 Aug. 3 10134 Aug. 2 101 Jan. 17 102 Jan. 5 let refunding 4s 1943 M - N 130,000,10054 Sale 98% Sale 98 Sale 97%7 Aug. 18 9834 Aug. 2 977% Aug. 18 10034 Jan. 6 Alb & Susq, cony 3 54s_ _1946 A - 0 57,0001 933 Sale 93 Sale 9134 91%8 Aug. 24 93 Aug. 1 9134 Aug. 24 9434 May 5 Rens & Saratoga 1st 75_ _1921 M. N 12358 122%3 12154 12334 Jan. 5 12454 May 12 Del Riv RR Bdge. See PennRR Den & R G-1st cons, g, 4s 1936 J - J 27,000 93% Sale 91 Sale 91 90%8 Aug. 21 9154 Aug. 3 9034 Aug. 21 94 Jan. 6 Consol gold 4 548 1936 J - J 101 102 10034 98 10034 Improvement, gold, 5s_ _1928 J - D • 8,000 10354 104 98 10054 97 10054 9854 Aug. 4 9854 Aug. 4 9834 Aug. 4 101 Mch. 9 First & refunding 5s__ _ _1955 F - A 92,000 90 Sale 9054 Sale 88 Sale 88 Aug. 31 9034 Aug. 1 88 Aug. 31 9334 Feb. 21 Rio Gr Junc,lst,gu,g,58_1939 J - D 105 10434 Mch. 22 1043/ Mch. 22 Rio Gr Sou, 1st, g, 4s_ _ _1940 J - J 65 7254 723 6154 Apr. 26 a% Apr. 26 Guaranteed 1940J - J 79 Rio Gr West, 1st, g, 4s_ _1939 J - J 18,000 0034 Sale 89 Sale 8934 88 Aug. 23 89 Aug. 1 88 Aug. 23 923/ Mch. 7 M & coil tr, g,4s,Ser A.1949 A - 0 8334 84 833% 83 8334 Jan. 4 8554 Feb. 8 Ut C, 1st, gu, g, 4s.Jan1917 A - 0 Des M & Ft D. See M & St L Des M Un Ry, 1st, g, 5s.._ A917 M - N 100 100 100 Det & Mack, 1st lien g, 4s_1995 J - D 93 98 98 Gold 4s 1995 J - D 8854 90 9554 96 90 8854 Jan. 23 95 June 27 Det To1&0-0 S Div,lst 4s1941 M - S 6,000! 79 70 65 70 Aug. 7 70 Aug. 7 70 Aug. 7 70 Aug. 7 Dub Missabe & Nor gen 5s_1941 J - J 104 105 106 105 106 106 May 1 10034 June 17 Dui & Iron Range, 1st 5s__1937 A - 0 108 4 107 109 10634 109 10754 June 13 10934 June 20 Registered 1937 A - 0 108% Second Os 1918J - J 104 Feb. 27 104 Feb. 27 Duluth Short Line. See Nor P Dul So Shore & Atl, g, 5s...1937 J J 106% 108 106 109 106 109 108 Jan. 4 108 Jan. 4 Vast of Minn. See SPM &M EI-east Tenn Reor lien. See SoRy East Tenn Va & Ga. See Softy Elgin Jol & East, 1st g 55...1941 M. N 108% 112 112 112 July 7 112 July 7 Elm Cort & No. See Leh &NY Erie—let consol, gold, 7s_ _1920 M - S 10,000 119% 120 11834 Sale 117 1183411854 Aug. 111854 Aug. 1 118% July 2412034 Jan. 28 NY & Erie 1st ext, g, 4s_1947 M - N 98 10154 10034 10034 Apr. 6101%5 May 10 2d, ext, gold, 55 1919 M - S 104 10634 103 10434 Jan. 6 108 May I 3d, ext, gold, 454s-1923 M - S 101 104 101 10134 Jan. 9 104 June 28 4th, ext, gold, 5s____1920 A - 0 103 10654 1078% 103 105 Jan. 18 106%3 May 20 5th, ext. gold 4s_ __ _1928 J D 93 9954 95 9954 June 9 9954 June 9 NYLE w g. fund, 78.192 M - S 119 118 119% Erie, 1st con, g, prior 48_1996 J - J 43,000 8454 85 88 89 8654 96% 8634 Aug. 30 88% Aug. 7 847% Apr. 4 90 July 1 Registered J - J 83 8 86 88 88 8254 Mch. 21 86 June 17 let consol gen lien g 4s1996 J J 76,000 7354 Sale 79 7954 783.4 767% Aug. 12 7834 Aug. 11 7334 Jan. 3 79%8 July 1 Registered J - J 75 773% 77 July 1 77 July 1 Penn coil trust, g, 4s_1951 F - A 32,000 86% 86% 91 913.4 8834 8954 88 Aug. 24 91 Aug. 3 86 Jan. 25 91 Aug. 3 50-yr cony g 4s, Ser A_1953 A - 0 82,000 73 Sale 89 Sale 80 82 81 Aug. 30 893% Aug. 2 73 Jan. 3 92 July 1 Do do Ser B-1953 A - 0 452,000 89 Sale 7034 Sale 7434 Sale 74 Aug. 22 7934 Aug. 1 69 Jan. 6 8034 July 6 Buff NY & Erie 1st 78..1916 J - D 10934 112 1093.41113410834 111%6 11043 Jan. 2411134 May 31 Chic & Erie, 1st gold 58_1982 M - N 6,000 1113.j 1114 11058 11234 113 Sale 11034 Aug. 5 113 Aug. 31 11034 Aug. 5 113 Feb. 18 Clev & Mahon Val, g 5s-1038 J - J 111 1104 1107% 111 Apr. 17 111 % Feb. 14 Registered 1938 Q - J 110 109% 109% Long Dock, cons g Os_.1935 A - 0 122IX 12454 125 123 125 124% Jan. 25 125 Mch. 15 0 & RR Co 1st cur gu 6s_1922 M - N 104% 108 104 10454 D & Impt Co 1st cur 6s- -1913 J - J 100% 10134 10134 10034 Jan. 11 10034 June 11 NY&Greenw L guar g 5s.1046 M - N 9954 101 101 NYSusq&W, let ref g 58.1937 J J 3,000 101% 103 ,103%8 105 10154 10434 10354 Aug. 15 1033.4 Aug. 15 1013% Jan. 4 10434 June 87 Second, gold, 454s.....1937 P - A 80 80 • General, gold, 5s 1940 F - A 80 8734 I R93.1 R41,4 RR RR July 21 R71,4' F`Ph. 1

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

BONDS. Int. Sales in Price aboutl PRICES IN AUGUST. RANGE SINCE JAN. 1. Peri- August. Jan. 3 N Y STOCK EXCHANGE od. (Par val.) 1911. Aug. 1. Aug. 31. Lowest. Highest. Lowest. Highest. lirle-(Con.)-N Y Susq & W- $ $ Bid. Ask.Bid. Ask. Sale Prices. Sale Prices. Terminal, Sale Prices. Sale Prices. 1st, gold,5s 1943 M. N 108 110% 111 1083.4 110 May 24 110 May 23 Mid of N J 1st ext, 1940___ _5 A - 0 iio3. 110 110 1103.4 May Wilk & East,lst 11034 2311034 May 24 gu, g 58.1940 J - D 7,000 993.4 100 101 1003.4 9934 Aug. 17 100 Aug. 9 993.4 Apr. 18 101% June Erie & Pittsburgh. See Penn Co 13 El, & In, let con, gu, g, 6a_1926 J - J 110 110 June 23 11034 June 15 By & T H-lst cons g 6s__1921 J - J 1,000 110 11134 112 11134 Aug. 15 111%7 Aug. 15 1117 Aug. let general gold 5s % 15 113 Feb. 18 1942 A - 0 42,000 101 10134 102 10234 Aug. 4 10234 Aug. 4 101 Jan. 17 10234 July 25 Mt Vernon 1st gold 6s_..1923 A - 0 106 112 10736 107% Sull Co Brch, 1st g 55 1930 A - 0 95 95 95 • Vargo & Sou. See ChicM&StP A la Cent & P. See Seab Air L Fla East Coast 1st 434s...1959 J - D 31,000 101 96 97%3 96 973.4 97 Aug. 22 9734 Aug. 17 95 Feb. 15 9834 May 16 Fort St 1:1 D Co lst g 4 As_ _1941 J - J 86 90 95 903.4 95 Ft W & Rio Or, 1st g 4s_ 1928 J - J 2,000 80 8434 8334 8334 8334 Aug. 22 8334 Aug. 22 8234 Apr. 11 8434 Jan. 19 ("_81 H & San A. See So Pa Co a-aalv H & H of 1882, lst,5s,'13 A - 0 973.4 99 98% 9734 Apr. 24 9834 Feb. 2 Ga & Ala. See Seab Air Line Ga Car & Nor. See Seab Air L Georgia Pacific. See South Ry Gila V 0 & N. See Sou Pac Co Gouv & Oswegat. See N Y Cent et No-C B & Q coil tr 49_1921 J - J 755,000 9534 Sale 97 Sale 9634 Sale 9634 Aug. 22 Registered 9754 Aug. 4 9534 Jan. 3 9954 June 1 July 1921 Q - J 9534 97 95% Jan. 5 983.4 June 1 St Paul Minn & Manitoba- Consol mortgage 4s___1933 J - J 98 9834 98 9856 Feb. 1 May 18 1st consol, 1263 9934 gold, 6s ___1933 J - J 1,000 12534 % 12534 12634 Aug. 10 1263.4 Aug. 10 125 June 23 12734 itch- Registered 1933 J - J Reduced to gold 4348_1933 J - J 2,000 105%8 Sale 1053.4 105% 10434 106 10534 Aug. 22 105% Aug. 22 105 Mch. 4 10634 June 22 Registered 1933 J - J Mont Ext. 1st gold 4s...... 1937 J - D 1,000 9534 97 98% Re_ 983.4 983.4 Aug. 30 9834 Aug. 30 9534 May 1 983.4 Jan. 24 Registered 1937 J - 13,, 98 98 98 June 23 98 June 22 Pac Ext, sterling a923.4 gu 4s.._1940 J - J a9234 a92%5 Mch. 28 a9234 Mch. 2E E Ry M,No Div,lst,g,4s_1948 A - 0 9534 96 96 9% Minneap Cri 1st, g, 6s 1922 J - J 1,000 114 1154 Aug. 26 Aug. Mont 11534 11554 11534 26 1143.4 July 8 1164 Mch. 4 C, 1st, gu, g, 68_1937 J - J 10,000 12634 128% 12834 128 Aug. 15 128% Aug. 15 127 Jan. 12 128% Aug. 1E Registered 1937 J - J 125 1st guar, 112% gold, 5s _ _ _ _1937 J - J 11154 11334 114 11231 114 11256 Apr. 3 1123.4 Apr. 1 Registered 1937 J - J Will & S F, 1st, gold, 5s_1938 J -D 112% 11354 113% 112% Feb. 17 112% Feb. 11 Greenbrier R. See Ches & 0 G&ShI, 1st rf&ter5s,g,Feb 1952 J - J 3,0001 893.4 95 91 95 8836 92 92 Aug 14 92 Aug. 14 883.4 May 8 92 July 2( Registered Feb 1952 J - J "Jock Val, 1st con, g, 430.1999 J - J 59,000 102%1 Sale 1023.4 103 1013.4 Sale 101 Aug. 30 10234 Aug. 25 101 Aug. 30 10394 Apr. 21 1& Registered 1999 J - J C31 & H V. 1st eat g 4s 1948 A - 0 9434 9534 9534 94 Feb. 23 95 Col & Tol 1st, May 1( ext, 4s 1955 F - A 94 9458 94% 96 Feb. 23 96 Feb. 22 Housatonic. See N Y N H & H H & Tex Cent. See So Pac Co bus Belt & Ter 1st 5s_ _1937 J - J 99 101% 100 101 101 10034 July 101013.4 Feb. l Illinois Central-ist g 4s 1951 J - J 1,000 101 101% 101% 101 Aug. 7 100% July a 101 Aug. 7 3103 Feb. 1 Registered 1951 .1 - J 102% 100 9934 10034 1st, gold, 33.4s 1951.' - J 1,000 8934 80% 90 91 Aug. 15 Aug. 15 Mch. 1 91 Registered 91 8634 Aug. 115 1951 J - J 8934 90 89 Apr. 5 89 Apr. 15 Extended, 1st, g, 334s....1951 A - 0 8734 8834 8834 Registered 1951 A - 0 let, gold, 3s, sterling 195l M - S Registered 1951 M - S Collateral trust gold 4s 1952 A - 0 2,000 9736 9934 99%7 9934 Aug. 2 Aug. 2 98 Jan. 14 993. Aug. : Registered 9934 1952 A - 0 1,000 9534 9834 Aug. 3 9834 Aug. 3 9834 Aug. 3 9834 Aug. : 1st refunding 4.s 1955 M - N 143,000 9734 Sale 9634 Sale 9634 9654 96,4 Aug. 28 9658 Aug. 3 9634 July 28 98 Jan. 21 Purchased lines 3 Hs 1952 J - J 8434 873.4 8636 86 87 86 Feb. 9 87 Feb. 11 Coll tr g 4s, L NO &T:1953 M - N 9834 9034 9834 Registered 9834 9756 Mch. 14 9836 Feb. i 1953 M - N 9734 9734 9854 94%3 Jan. 11 9434 Jan. 1 Cairo Bridge, gold, 4s 1950 J - D 96 Sale 96 100 Lou'v div& 9634 96 Jan. 3 97% Feb. 21 term,g,334s_1953 J - J 3,000 8434 87 85y8 Sale 8534 8534 Aug. 1 8534 Aug. 1 8556 Jan. 28 8734 July 24 Registered 1953 J - J Middle Div, regis, 5s 1921 F - A, 102 105% 105% Omaha Div, 1st, g, 38_1951 F - A 74 76 St Lou Div & %1 7536 7536 May 4 7634 June term,g, 3s.1951 s - .1 7534 Sale 75 77 7554 Jan. 3 7554 Jan. Registered 1951 J - J 7354 Gold, 334s 19M J - J 85 89 85 86% 84 86% 80 Mch. 20 8734 May 25 Registered 1951 J - J Springf Div 1st g 3348_1951 J - J 87 86 Registered 1951 J - J Western Lines let g 413_1951 F - A 4,000 9556 96 96% 96 96 Aug. 10 0634 Aug. 26 9534 Apr. 6 9634 Aug. 2 Registered 1951 F - A Belle & Carond, 1st 6s 1923 J - D 101 111 113 Garb & Shaw, 1st 4s, g_1923 M - S 94 94% 94% Oh St L & N 0, gold, 68_1051 J -D 1,000 113 11956 114 116 116 114 Aug. 21 114 Aug. 21 114 Aug. 21 117 May Registered 23 1951 J - D 111 115 114 114 113 Feb. 16 115 Feb. 1a Gold 33.4s 1951J -D 8434 8534 87 8554 87 Registered 1951 J - D 84 Memphis Div,lst,g,48.1951 J - D 93 935-4 96 95 96 Registered 1951 J - D St L So, lst, gu, g, 40_1931 M. S 9434 95 95 Ind BI & W. See ClevCC&StL Ind Dec & W. See Cin II & D Ind Ill & Ift, 1st, gold, 4s 1950 94 95% 95 963-4 95 Intern J - J 0636 95 Mch. 30 963.4 Jan. 14 & GtNo-lst, g, 6s_1919 M - N 8,000 10734 108% 108i 10936 10834 Sale 10854 Aug. 31 10834 Aug. 31 10734 Jan.'19 109 May 4 Iowa Central, 1st, gold, 56 _1938 .1 - D 5,000 103 Sale 101% 10134 10136 Sale 101 Aug. 28 102% Aug. 3 100% May 4 103 Jan. Refunding gold 4s 1951 M- S 15,000 66 6754 6834 70 6434 68 67 Aug. 16 69 Aug. 2 63 Mch. 15 69 Feb. 24 Jack Lans Oz Sag. See Mich Cen James F & Clear 1st 4s_ _ _1959 J - D 95 Sale 947/ 943/ 943-4 Feb. 21 0534 May 11 Trail All & G R. See L-S & MS alb.an & Mich. See Tol & 0 C KCFtSc&M. See StL&SF K 0 & M Ry & B. SeeStL&SF FE C & Pacific. See Mo K & T Kan City South, 1st g, 38 1950 A - 0 43,000 7334 74% Sale Aug. 21 74% Aug. 2 7334 Apr. 27 74% Aug. 2 Registered 0---7434 7434 7434 1950 A - -- Ref & imp 5s-.....April 1950 J - J 189,000 10154 Sale 100%3 Sale 9934 Sale 99% Aug. 3110034 Aug. 2 9934 Aug. 31 102 Jan. Kansas C Term 1st 4s _ A960 J - J 8,000 97 9834 98% 99 9934 99 Aug. 30 9934 Aug. 17 96% Jan. 4 9954 Aug. 1 ltentucky Central. See L & N Keok & Des M. SeeCRI&P Knoxville & Oh' asee SOU RY 1 ake E & W, at. gold, 5s,1937 J - J 109 110 10854 10934 1085 109 108% Apr. 12111% Jan. 14 LA 2d, gold, 5s 1941 J - i 106 10434 105%% 104 105 10434 hich. 1 104% Mch. 1 North Ohio 1st gu g Ss_ _1945 A- 0 106% 105 10654 1083/s Jan. 12 110% May 3 L Sh & Mich So. See N Y Cent Leh V(NY)lst gu, g, 4348_1940 J - .1 4,000 106 1053/ Sale 10634 1053% Aug. 1 10534 Aug. 4 10554 Aug. 1 10634 Mch 1 Registered 1940 J. - J 10334 1043 105 104 105 104% Jan. 18 104% Jan. 1S Leh V (Pa)gen con, g, 4s_ _ 2003 M - N 973i 96% May 12 Leh V Ter Ry ist 9734 Mch. 28 gu,g, 518_194i A - 0 3,000 113 113 112% 113% 113 Sale 113 Aug. 3011334 Aug. 31 113 Mch. 13i143- Apr. Registered 1941 A -0 118,4 11134113 11154115 113 June 28 113 June 28 Leh V Coal Co, lst, gu,g,68.1933 J - J 10634 10794 106 Registered 1933 J - J -- First int reduced to 4s_1933 .1 - Leh J .-.-.- - ..,..17: g - & N Y-1st gu,g, 4s 1945 M - S 5,000 94 94 94% 95 94 94% 94% Aug. 7 94% Aug. •,zs>t4 If May 25 94%5 Aug. 24 Registered M - S Elm C & N, 1st pref 6s_ _1914 A - 0 102 103 103 Gold, guar, 5s 1914 A - 0 1003-4 100% 10054 Leh & bud R. See Cent of N J Leh & Wilkesb. See Cent N J Leroy & Caney Val. See Mo P Long Dock See Erie

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis SEPT.. 1911.1 BONDS-STOCK EXCHANGE RECORD 27

AUGUST. RANGE SINCE JAN. 1. BONDS. Int. Sales in Price about PRICES IN Peri- August. Jan. 3 Highest. N V STOCK EXCHANGE od. (Par val.) 1911. Aug. 1. Aug. 31. Lowest. Highest. Lowest. Bid. Ask. Bid. Ask.iBid. A8k. Sale Prices. Sale Prices. Sale Price. Sale Price. Jan. 20 bong Isl 1st con, g, 5s_July 1931 Q - J 109% 109% 110%1108 110% 109% July 26 1123-4 1st cons, gold, 4s __July 1931 Q - J 96 100 96 ' 95 1 93% 93 93 Aug. 17 93 Aug. 17 923% June 23 96% Jan. 5 Gen, g 4s 1938J -D 2,000 95% 97 Aug. 10 Ferry, g, 4s 1922 M - S 5,000 98 99 97 100 97 100 100 Aug. 10 100 Aug. 10 98% Feb. 17 100 94 95% 94 97 91% 97 Gold, 45 1932 J - D Jan. 10 Unified gold 4s 1949 M - S 90 96 95 93 93 May 12 9534 Deb, gold 55 1934 J - D 106 3,000 96% 96% 96% Sale 95% 98 95% Aug. 29 96% Aug. 1 953( Mch. 14 97 Mch. 30 Guar, ref, g, 4s 1949 M - S Jan. 3 Registered 1949 M S 05 Sale 95 Jan. 3 95 NYB&MB,con, g, 5s_ _1935 A - 0 103% 104% 104% NY&RoBch, 1st, g, 55_ _1927 M - S 101% 105% 105% Q - J 103 101 103 103% Mch. 27 106 Apr. 5 NShBch, 1st con,gu5s,Oct'32 98% Aug. 24 Louisiana & Ark, 1st 5s_ __1927 M - S 13,000 94 95% 98% Sale 96 98% 98% Aug. 1 98%, Aug. 24 94% Mch. 20 Louisville & Nashville- 6 116% Apr. 10 General gold 6s 1930 J - D 1,000 114% 114% 113% 116 113% 114% Aug. 5 114% Aug. 5 113% July 1937 M - N 111% 113% 113 112% /itch. 17 112% Mch. 15 Gold 5s 99% July 3 Unified, gold, 4s 1940 J - J 92,000 98% Sale 98% Sale 98% 99% 98% Aug. 17 99% Aug. 19 98% Mch. 17 1940 J - J 98% 98% Registered 109% Feb. 3 Coll trust, gold, 5s 1931 M - N 108 109 108% 109 Jan. 9 g, 6s_1919 J - D 1,000 110 115 112% 115 112 115 113 Aug. 2 113 Aug. 2 Ill Mch. 9 113 Aug. 2 E H & Nash, 1st, 104% July 28 Louis Cin & Lex, g, 450.1931 - N 104 106 105% Mch. 29 105% 1930 J - J 122 122% 121 125 118% May 5122% July 26 N 0 & M, 1st, g, 6s 118% Feb. 8 N 0 & NI, 2d, g, 6s 1930J - J 117 118% 119% 118% 118% Feb. 8 Pad & Mem Div 4s 1946 P - A 1,000 953% 98 96% 95 96 95 Aug. 26 95 Aug. 26 95 Aug. 26 96% Apr. 17 Pensacola illy, g, Os_ _1920 M - S 106 109 106% 109 106% 109 105% Mch. 10 105% Mch. 10 St Louis div, 1st, g, Os_ _1921 - S 113 115 114% 2d, gold, 3s 1980 hi - S 71% 68 73% 68 73% 71% Feb. 11 713 Feb. 11 Atl Knox & Cin div,g,4s_1955 M - N 26,000 91 92% 92% 92% 92% 92% Aug. 29 92% Aug. 25 92 Jan. 30 9384 May 8 At1Knox&No, 1st, g, 5s_1946 J - D 112% 115 112% 113 113 112% May 31 112% May 31 Hend'son B'ge,Ist s f,6s,g1931 M - S 103 105% 106 Apr. 17 106 Apr. 17 Kentucky Central, g, 4s_1987 J - J 5,000 94 94% 94% 95 93% 94% 94% Aug. 2 94% Aug. 4 94 Mch. 24 96 Feb. 23 L&N&Mob&M Ist g 4 %s1945 M - S 102% 104 104 L&N-Sou Mon,joint, 4s_1952 J - J 13,000 88% 89% 89% 90 90 91% 89% Aug. 3 90 Aug. 15 88 May 3 91 Jan. 14 Registered July 1952 Q - NFI&Shef, 1st, gu, g, 5s_ 1937 F - loN 112% 109 109 108% May 2 112% Feb. 27 Npt&Cin B gen gu g, 45.01945 J - J 98% 102% 100 Pens & Atl, 1st, gu, g, Os 1921 F - A 110% 110% 110,4 110 Jan. 25 110 Jan. 25 S & N Ala, con, gu, g, 53.1936 F - A 110 114 110% 111 111 112 111% Apr. 26 112% May 3 Lo&JetTBridgeCo,gu g, 4s_ 1945 M - S 1,000 92 91% 9284 91% 92% 91% Aug. 30 91% Aug. 30 91% Aug. 30 94 Mch. 31 MahoningCoal. See 11,S&MSo anito S W Coloniz, g, 5s 1934 J - D i02! 102% 102% Manila RR-Sou lines, 4s_1936 M - N 86% McK'pt&BVern. SeeNYC&I11t Mex Cent, con, gold, 4s_ _ _1911 J - J 99% Sale 99% Jan. 6 100 Mch. 22 2d, con, inc, g, 3s, Tr certfs_ _ 60 Equip and collat, g, 5s_ _1917 A - 0 2d Series, gold, 5s_ _ _ _1919 A - 0 Internat, 1st con, g, 4s1977 P4 - S 76 80 Stamped, guaranteed.. _ _1977 M - S Michigan Central. See N Y Cent Mid Term, 1st, g, s f, 5s_ ._1925 J D 98 Mit L S & West. See Chic & N W Mil & North. See Ch M dr St P Jan. 14 Minn & St L, 1st, gold, 7s1927 J - D 3,000 130 129 130 Aug. 15 130 Aug. 15 130 Jan. 14 130 -0 2,000 101 110 110 113 110% Aug. 9 110% Aug. 9 110% Aug. 9 110% Aug. 9 Pacific Ext, 1st, gold, 6s.1921 A July 12 109 Feb. 23 let cons, gold, 5s 1934 M N 106 107% 104 109 106 105 - S 27,000 74 71 72 71% Sale 70 Aug. 25 71% Aug. 31 65 Apr. 24 74 Jan. 9 1st & refund, gold, 4s_ ._1949 '11 21 Apr. 27 81% Aug. 21 Des M & Ft D 1st, gu,g,4s1935 - J 3,000 80 92 92 81% Aug. 21 81% Aug. 80 Minn & St L,gu. SeeBCR&N Id St P & S S NI, con, gold, 4s, Apr. 20 stpd, payment of int go.. 1938 J - J 8,000 97 97 98 96% 97 Aug. 7 97 Aug. 8 95% Jan. 5 98 MSS M & Atl, 1st gold, 4s, stpd, payment of int gu_ 1926 J - J Mlnneap Un. See St P M & M Mississippi Cent 1st 5s_ _ _ _1949 J - J 95 95 93% Mch. 15 93% Mch. 30 Mo Kan & Okla. See M K & T Missouri Kansas & Texas- 9,000 Sale 97% Sale 97% 98 973-1 Aug. 1 97% Aug. 8 96% Apr. 22 98 Jan. 3 1st, gold, 4s 1990 J - D 98 23 2d, gold, 4s June 1990 F - A 14,000 82% 83% 84% 84% 84% 84% 84% Aug. 21 84% Aug. 17 83% Jan. 5 86 Feb. 5,000 100% 103% 100% Sale 100% 101% 100% Aug. 21100% Aug. 1 100% Aug. 21 103% May 4 1st extension, gold, 5s_ _1944 P4 - N June 10 1st & refund intge, 4s_ _ _2004 M - S 78% 79% 80% 81 78% 81 78% Apr. 20 83 144,000 85% Sale 87% Sale 86% 85% Aug. 28 87 Aug. 1 85% Jan. 3 88 May 12 General s f, 450 1936 J - J 6 St Lou Div, 1st, ref, g, 4s2001 A - 0 5,000 92 79% 79 79% Aug. 24 79% Aug. 24 78 Mch. 28 79% July - N 3,000 105 105 105% 105% Aug. 11105% Aug. 11 105% Aug. 11 105% Aug. 11 Dal & Wa, 1st, gu, g, 55_1040 M May 22 90% Feb. 27 Kan C & Pac, 1st, g, 48_1990 F - A 19,000 90 89% 89% 89% Aug. 15 89% Aug. 3 89% 58_1942 A - 0 111 108 110 107 109 108 July 21 110% Jan. 6 Mo K & E, 1st, gu, g, 108 Feb. 10 Mo K & Ok 1st, gu, 5s_ _1942 M - N 107% 107% 106% 110 106% 110 106% June 26 MK&T of T Ist,gu,g,5s_1942 M - S 6,000 102% 105 102 105w 102 106% 105% Aug. 24 105% Aug. 24 102% Jan. 12 105% July 7 J - D 109 102% 101 103% May 22 105% Apr. 3 Sher Shev&So,lst,gu,g,5s_'43 104 29 Tex & Okla, 1st, gu, g, 5s1043 P4 - S 104% 109 104% 105% 104% 105% 103 Apr. 21 105 Apr. Missouri Pacific- 1st consol gold Os 1920 NI - N 8,000 109 Sale 108y 108% 107% Sale 107% Aug. 24108% Aug. 7 107% Aug. 24 111 Feb. 18 Trust, g, 5s, stamp_Jan 1017 - S 38,000 101 101% 113031 l00% loo 100% 100 Aug. 25 100% Aug. 10 100 Aug. 25 102% Mch. 6 Registered Jan 1917 NI - S 1st, colt, gold, 5s 1920 F - A 9,000 101% 101% 100% 101 100% 101 100% Aug. 17 100% Aug. 3 100% Feb. 1 102 Mch. 7 Registered 1920 F - A 40-year gold loan, 4s_ _.1945 M - S 10,000 77 77 78 76 76% Aug. 23 77 Aug. 2 76 Jan. 4 82 Feb. 3d 7s ext at 4% 1938 M - N 98% 97 97 96 May 23 96% May 1st & ref cony 5s 1959 M - S Li1,000 91% Sale 92% 93 89% Sale 89% Aug. 31 92% Aug. 2 89% Aug. 31 96% Feb. Cen Bch Ry, 1st, gu, g, 4s1919 F - A 92 92 92% 90 92 Jan. 26 93% Feb. 27 Cent Br Un Pac, 1st, g, 4s1948 J - D 85 84 86 85% Leroy &CVaIAL,Ist,g,58.1926 J - J 102 102 Pac ft of Mo, 1st, ext g,4s1938 F - A 5,000 98% 96% 97 96 97 96 Aug. 21 96 Aug. 21 96 Aug. 21 98% Feb. 23 2d extended, gold, 58_1938 J - J 109 110 108% 109% 108% 109% 108% Apr. 18 1085 Apr. 18 St Louis Iron Mt & South- 1 Gen con ry &Id gt, g, 5s1931 A -0 2,000 107 Sale 107% 108 108 Sale 108 Aug. 17 108 Aug. 17 1065% Jan. 11 108% May 16 Gen con stpd, gu, g, 5s1931 A - 0 1,000 Unit & ref, gold, 4s__ _1929 J - J 2,000 83 83 6 84 Sale 83% 84 Aug. 1 84 Aug. 1 83% Jan. 7 87% Feb. 20 Registered 1929 J - J 83 86% Mch. 2 86% Mch. 2 River&Gulf div, 1st,g 4s'33 M - N 20,000 83% 85 85% Sale 83% 85 84% Aug. 12 85% Aug. 1 84% Jan. 24 88% Feb. 20 Verdigris V I&W,lst g,5s,'26 M - S Mobile & Birin. See South Ry Mobile & Ohio, new, g, 63_1027 J - D 1,000 1198 121 120% 122 120% 121 120 Aug. 28 120 Aug. 28 120 Mch. 6 122 Jan. 23 6s_July 1927 Q - J 117 115 116 115 116 115% July 22 116%8 Feb. 11 1st extension, g, 115 4 24 General, gold, 4s 1938 M - S 7,000 83 86 86 87% 86 88 86 Aug. 2 87 Aug. 3 86 Aug. 2 87 May Montt:an Div, 1st, g, 58_1047 F - A 10988 109% 109% 110% 110 110 Mch. 30 110% Feb. 15 St L. C coil tr,g,4s. May 1930 Q - F 86 80 81 ',Veil. 24 81 Mch. 24 Guaranteed, gold, 4s_ _1931 J - J 94 93% Mch. 30 94% Mch. 6 Collat trust, 4s. See Southern Mohawk & Mal. SeeNYC& H Monongahela Riv, See Ball & 0 Montana Cent. See St P P4 & M Morgan's La & T. See So Pac Co Morris & Essex. See D L & W '13 J J 1,000 105% 105% 105% Aug. 28 105% Aug. 28 105% Aug. 28!107% June 15 Mash Chat & St L-lst, 7s, 106% Sale 105% 1 II 1st, con, gold, 5s_ _ _1928 A - 0 4,000 110 Sale 110% 110% 110 109% Aug. 16 109% Aug. 16 109% Zilch. 23 111 June 5 Jasper Bch, 1st, gold, 6s_1923 J - J 115 117 1:0157 McM W & Al, 1st, Os_ 1917 J - J 106 107% 107% T & P Bch, 1st, 6s 1917J - J 106% 106% & Shef. See Lou & N Nash Flor Jan. 30 Nat Rys Mex prior lien 4 501957 J J 21,000 94% Sale 93 Sale 91 93 91% Aug. 23 93 Aug. 1 91% Aug 23 955% general 45..1977 A - 0 3,000 87 00 82% 87 82% 87 85 Aug. 22 85 Aug. 22 84 July 7 89% Jan. 14 Guaranteed Feb. 4 Nat of Mex prior Ilen,g,45,01926 J - J 100 104 101% 101% 100% Feb. 4 100% 1st consol, gold, 4s 1951 A - 0 6,000 83 3% 80% Sale 77% 80% 80% Aug. 1 803/3 Aug. 1 78% Jun8 14 83% Jan. 26 NH & Derby. See NYNH&H N J Junc'n RR. See N Y Cent Newp't & Cin B'ge. See Lou&N O&NE prior l'n,g,68.Nov1915 A - 0 103 104% 104%

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

BONDS. Int. Sales in Price abouti PRICES IN AUGUST. RANGE SINCE JAN. 1. Peri- August. Jan. 3 STOCK N V EXCHANGE od. (Par val.) 1911. Aug. 1. Aug. 31. Lowest. • Highest. Lowest. Highest. Bid. Ask.Bid. Ask. Sale Prices. Sale Prices. Sale Prices. New Orleans Term Sale Prices. 1st 4s_ _1953 J - .1 87% 883/s 883% July 12 July 12 N Y B & Man Beach. See L Isl 883% NIY Central & Hudson River— Gold mortgage, 3%s_ _ _ _1997 J -J 49,000 89% Sale 883% Sale 883% Sale 87% Aug. 3 883% Aug. 25 July Registered J 8,000 873% 19 90 Jan. 17 1997 88 87% 88% 87% 88 87% Aug. 3 87% Aug. 3 86% Apr. 1 893% Jan. 11 Debenture, gold, 4s_ __ _1934 M - N 51,000 93%7 Sale 93% 93% 93 93% 933% Aug. 30 93%3 Aug. 12 Registered 923% Feb. 28 043% Apr. 28 1934 M N 96% 923% Mch. 29 933% Apr. 24 Lake Shore, coil, g, 3%s_ 1998 F -A 125,000 803% Sale 79% Sale 80 79 Aug. 25 79% Aug. 3 79 Registered Apr. 24 80% Feb. 1 1998 F -A 6,000 79 78 Sale 79% 773% Aug. 19 793% Aug. 22 773% Apr. 3 79%3 July 29 Mich Cent, colt, g, 35.0_1998 F -A 3,000 79% 79 77%3 Aug. 30 Aug. 16 77%3 Aug. Registered 783% 30 79% July 1 1998 P - A 10,000 793% 77 78 78 753/a Aug. 24 753% Aug. 24 753% Aug. 24 78 Apr. 12 Beech Creek, 1st, gu, 4s_1936 J -J 98% 99% 99% Registered 1936 J -J 98% 98% 99 May 4 99 May 4 2d, guar, gold, 5s_ __ _1936 J -J 105% 107% 106% Registered 1936 J -J Bch Cr ex 1st gu g 3%sFeb'51 A - 86% 84% 84% Cart & Ad, 1st, gu, g, 4s 1981 J -D 96 92% 96 Gouv & 0, 1st, gu, g, 5s_1942 J -D 100 100 Moh & Mal, 1st, M - S 99% gu, g, 4s1991 98% 99 Feb. 17 993% Mch. 20 N J June R,gu, 1st, 4s. _1986 F - A 93 100 95% 100 • 95% 100 Registered certiflcates.1986 F - A 99 NY & Harlem, g,3 %s_ _ 2000 M - N 90 90 90% 903% Feb. 28 003% Feb. 28 Registered 2005 M - N NY & North, 1st, g, 58_1928 A - 107% NY&Put 1st A 15,000 con gu g 4s_ 1993 - 97% 98% 97% Sale 96% 97% Aug. 1 97% Aug. 1 97% Feb. 2 97'% Aug. 1 Nor & Mont 1st gu, g, 5s.1916 A - Pine Creek, reg, guar 6s_ 1932 J -I) 120 120% RW&O, 7,000 con, 1st 5s_July 1922 A - 107% 110 1073% 1083% 1063% 1083% 107%3 Aug. 28 1073% Aug. 23 107%3 Aug. 28 110 May 15 Os&R, 2d gu g 5s_May 1915 F - A 102 100 1053% 1053% RW&OTR 1st g 5s_July 1918 - N 103 104 104% Rutland 1st cons g 4 %s_1941 J - J 95 96% 96% 98% July Og & L J 3 08% July 3 Ch,Ist gu g 4s_ 1948 - J 82% 89% 90 87 853% Jan. 17 90% May 9 RutI'd-Can 1st gu g 4s_ 1949 J - J St Law & Ad, 1st, g, 5s_1996 J -J 108 110 108 110 108 110 2d, gold, 6s 1906 A - 119 Utica & BI Riv, gu, g, 4s 1922 J - J 100 997/s 997A Lake Sh & 55,000' 99% May 19 100 Apr. 8 M S, g,3 %s_ _ 1997 J -D 89% Sale 88% 89 87% 89 88 Aug. 29 89 Aug. 2 88 Aug. 29 00 Jan. Registered J -D 88% 27 1997 89% 87% 89 87% 89 873% July 13 88% June 3 Debenture, gold, 45....1928 M - S 50,000 93% Sale 943-8 Sale 94 Aug. 28 25-year, 933% 94% Aug. 1 93 Apr. 3 95 May 17 gold, 49 1931 M - N 245,000 93% Sale 93% 94 93% Sale 93 Aug. 22 93% Aug. 3 Apr. 28 94% May Registered M - 923% 17 1931 N 91 93% 93%, May 8 93% May 8 Hal A & GR 1st gu c 58_1938 J - J 110% 110% 110% Mahon Coal RR, 1st, J - J 110 112% 5s_1934 112% 110%3 Feb. 17 1113.4 IVIch. 30 Pitts & L E-2d g 5s Jan 1928 A - 100 107% 107% PittsMcK&Y, 1st gu 6s_1932 J - J 122% 123% 123% 2d, guar, 6s 1934 J - J 120 1223% 123 124 McK & Belle V, 1st, g, 6s1918 J - J 107 108% 108% Michigan Central M 5s_ _ _ _1931 - S 109% 115 1103% 113 Hoy 115 111 Apr. 18 111 Apr. 18 Registered 1931 Q - M 1083% 109% 1094 4s J 1940 - J 97 100 98 99 98 99 Jan. 5 99 Jan. 5 Registered 1940 93 96 96 Jack L & S. gold, 3 3%s.1951 M - S 86% 90 883% 88 1st, gold, 33%s 1952 M - N ,000 85 88% 87 ----- 87 87 4 87 Aug. 25 87 Aug. 25 Jan. 26 20-yr deb 87 89 July 29 4s 1929 A - 91%3 92% 92 92% 91% Mch. 8 93 Apr. 29 BatC&Stur lst,gu g 3s 1989 J -D 92 92% N Y Chic & St A - 20,000 99% 998/s L,Ist,g,4s 1937 o 100 99% 09 Sale 99 Aug. 22 993% Aug. 16 09 Aug. 22 1003% Jan. 4 Registered 1937 A - 98% 98% 25-year debenture 4s1931 M - N 2,000, 90% 91% 89% 90% 90% 89 Aug. West %3 11 893% Aug. 11 893% Aug. 11 92% May 13 Shore, 1st, 4s, gu_ _2361 J -J 24,000 101 101% 100 100 100 100% 100 Aug. 16 Aug. 21 100 Aug. Registered 49,000 1003% 16 101% Jan. 31 2361 J - J 99% Sale 98 0834 983% Sale 973% Aug. 30 98% Aug. 5 97%3 Aug. 30 Jan. 23 N Y Cent Lines eq tr J - J 1003% 4%s1923 1003% July 25 1003% July 25 N Y & Greenwood L. See Erie N Y & Har. See N Y C & R N Y Lack & West. See DL&W N Y LakeErie&West. See Erie N Y & Long Bch. See Cent N J N Y New Haven & Hart— Non-cony deben 4s 1955 J - J 3,000 94% Non-cony 94% Aug. 4 94% Aug. 4 9334 Apr. 6 04% Aug. 4 deben 4s 1956 M - N 1,0001 93% 94% 94/7 3 94 94% Aug. 9 94% Aug. Convertible J 47,000 9 933% Apr. 5 943/a Aug. 9 deben 3%s_1956 - J 100 Sale 94% 89 90 89 Aug. 28 92% Aug. 7 89 Aug. 28 1003% Convertible deben gs_ J - J 134,000 133% Sale Jan. 9 _1948 1323% Sale 129Y 130 129 Aug. 17 1323% Aug. 1 129 Aug. 17 1343k Jan. 24 Harlem It Port Ches 1st 4s'54 M - N 101 99% 990.8 Cent N E 1st 35,000 guar 4s _ _ 1961 J -J 93 Sale 92% 92% 92% Aug. 21 Aug. 10 923% Aug. 21 Housaton RR,con, M - N 112 113% 933% 933% July 6 g 5s_1937 113% 1133% June 21 1133% June 21 NH8r Derby con,coup 5s_1918 M - N 101% 102% 102% Providence Secur deb4s 1957 M - N 84% Sale 86 87 85% 843% Jan. 5 87 Feb. 15 N Y & Northern. See N Y Cent New York & Western— Refund, 1st, g, 4s_ _June 1992 M- S 32,000 95% Sale 94% Sale 94% 94% Aug. 22 05 Aug. 18 Reg, 943% 943% July 31 97 May 26 $5,000 only_June1992 M - S 97 93% 943% Feb. 21 General 4s 1,000 943% Feb. 21 1055 J- D 91% 90% 963% Aug. 15 063% Aug. 15 92% July 14 963% Aug. 15 Y & Putnam. See NYC&H W Y & Rock Beach. See Long Is W Y Susq & Western. See Erie N Y Tex & Alex. See So Pac Co Norfolk & South. 1st, g, M - N 103% 5s.1941 100% 103% 1033% Jan. 20,1033% Jan. 20 Wort & West, gen, g. 6s- - -1931 M - N 125 124 123% 124 Improve Sr ext, g, 1243% Apr. 6,124%8 June 29 6s_ .....1934 F - A 124 128 127% 128% 125% 128 1263% May 26 128 Apr. 21 New River, 1st, g, 6s___1932 A - 122% 125 124% 128 124 Nor&WRy 128 1243% June 271125 Jan. 23 lst,con,g,43_1996 A - 118,000 99% Sale 973% Sale 97% 98 973% Aug. 29 98 Aug. 2 973% July 19 993% Jan. 3 Registered 1996 A - 98% Div 1st 98 . 9 08 Jan. 9 & gen, g, 4s _1944 J -J 24,000 928% 03% 92% 93 91% 93 Aug. 26 Aug. 7 92 Apr. 10-25-year cony 023% 923% 6 94 May 3 4s_ _ _1932 J -D 1,391,000 100 Sale 107% Sale 103 Sale 103 Aug. Aug. 2 1003% Jan. 3 109/7 3 June 26 Poca C & C, Joint J -D 3011073% 4s._1941 6,000 883% 90 90 903% 90 90 Aug. 14 903% Aug. 7 883% Apr. 3 903.4 Jan. 26 Col Con&T, 1st gu, g 5s_1922 J - J 104 105% 105% ScioV&NE 1st, gu, g, 48_1989 M- N 9,000 96% Sale 95% 97 95% 97 97 Aug. 21 97 Aug. 21 963% Mch. 16 973.4 Jan. 21 northern Ohio. See L Erie & W Northern Pacific— Prior lien, gold, 49 1997 Q- 245,000 100% Sale 99% Sale 98% 99 983% Aug. 30 Aug.519 983% Aug. 30 1008 Registered 5,000 993% % Feb. 6 1997 99 100% 98 Aug. 18 98 Aug. 18 08 Aug. 18 993% Apr. 28 General lien, g. 3s_ _Jan 2047 - F 97,000 70% Sale 71% Sale 70 70% Aug. • Regiuteied 2- 70 Aug. 25 713% 4 70 Aug. 25 713% Mch. 30 Jan 2047 Q - F 71 70 70% 70% Mel'. 25 693% St Paul-Dul Div, J -D 693.4 Mch. 25 g, 4s__1996 96 Sale 97 98 96 98 96 Jan. 3 98 July Registered 1996 J -D 26 Duluth Sh Line, Ist,gu 5s1916 M - S 99% 99% CB&Q, cell tr 4s. .Sc,,, GtNor St P & No Pac, F -A gen, g, 681923 1163% 116% 116% 116% 1163.4 Jan. 18 1168 Mch. Registered certificates.1923 0-F 10,000 115% 116% % 24 1163% Sale 115 115%3 Aug. 1 1153% Aug. 1 1153% Aug. 1 115%3 Aug. 1 St Paul & Duluth, 1st, 5s1931 - A 106% 107% 108 2d 55 A - 101 1917 o 103 102% 101% 1023% Feb. 6 102% Feb. 6 1st consol, gold, 4s_ _ _ 1968 J -D 92 95% 91 Wash Cent Ry, 1st, g, 4s 1048 Q - M 91 90 90 91 A Apr. Nor P Ter Co, 1st, g, Os_ 1933 J - 111% 5 91 % Apr. 5 J 111% 111 111%3 Jan. 31 111 % Jan. 31 Nor Railway Cal. See Sou Pac North Wiscon. See C St PM&O Nor & Mont. See N Y Central ngd & L Champ. See Rutland 111(3 Ind & W. See CCC&StL Oregon & Cal. See Sou Pac Co Ore RR & Nay. See Union Pac Ore Short Line. See Union Pac Oswego Sc Rome. See N Y Cent Ozark Sr Ch C. See St L & S F Paciflc Coast Co, 1st g 58.1946 J - D 105% 105 1073%i105 1073% 105 June &dile of Missouri. See Mo Pac 16 108 Jan. 27 Fenn RR,lst,4s,real e.st,g_1923 M - N 1003% 1013% 1003% Consol, gold, Ss_ 10034 July 13 102 Feb. 15 _ _ _1919 M - S ----- 11.8 110 110 108 Consol, gold, 4s 1943 M - N June 27 108 June 27 103% 102% 1033% May 10-year conven re. 31,4s 1912 M - N 69,0001) 99 121033% June 8 Sale 993% 993% 993. 993% 993% Aug. 30 993% Aug. 23 98%8 Jan. 12 993% Apr. 27

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis SEPT.. 1911.] BONDS-STOCK EXCHANGE RECORD. 29

Int. Sales in Price about PRICES IN AUGUST. • RANGE SINCE JAN. 1. BONDS. Peri- August. Jan. 3 N V STOCK EXCHANGE od. (Par val.) 1911. Aug. 1. I Aug. 31. Lowest. Highest. Lowest. Highest. — Pennsylvania RR.—(Con.) Bid. Ask. Bid. Ask. Bid. Ask. Sale Prices. Sale Prices. Sale Prices. Sale Prices. 10-year convert, 3%s_ _ _1915 J -D 499,000 96% Sale 96% 98 963% Sale 96% Aug. 23 97 Aug. 4 963% Jan. 12 973% Apr. 21 Registered 1915 J - D 1,000 95 97 96%3 96% Aug. 11 96% Aug. 11 963% Jan. 9 97 July 18 Consol, gold, 4s 1948 M - N 17,000 103% Sale 1033% 103% 102 Sale 102 Aug. 25 1033% Aug. 4 102 Aug. 25 104% Jan. 23 Alleg Val, gen, gu, g, 4s_1942 M - S 100% 100 100% 99% 100% 99% Apr. 21 100% Jan. 4 DelRivRR,Bge,lst gu g 45. 36 F - A 94% 100 100 Phila Bait & W lst,g,48.1943 M - N 6,000 101% 101% 101% 101% 101% Aug. 2 101% Aug. 2 101% Aug. 210234 Apr. 27 Sod Bay & So, 1st, g, 5s_1924 J - J 100 98 102 102 Sunbury & Lewis,lst,g,4s1936 J - J 95% 97% 97% UNJRR&CanCo,gen,4s_ 1944 M - S 100% 1025% 102% Pennsylvania Co—gu 4 %s_ 1921 J - J 103 Sale 104 103% 103% Mch. 6 104 Mch. 21 Registered 1921 J J 1027s 102% Mch. 21 10278 Mch. 21 Gu, 3%s, coil tr reg ctfs_1937 M - S 87 87% 86 88 90 89 88% 88 May 16 89 June 24 Gu, 3%s, coil tr ctfs, B_1941 F - A %8 Tr Co ctfs, gu, g, 3%s_ _1916 M - N 2,000 97 98% 97% 973% 97% 97% 97% Aug. 25 97% Aug. 25 97 Jan. 12 97 May 13 Gu, g,3 Ms, tr ctfs, SerC.1942 J - D 87% 89% 87% 90 87% 90 Gu,g, 3 %s, tr ctfs, SerD 1944 J - D 90% 88 89% 88 July 28 88 July 28 Guar, g, 15-25 year, 4s_ _1931 A - 0 37,000 98% 98% 99 98% Sale 98% Aug. 21 99 Aug. 14 97% Feb. 17 99 July 27 Cin L&N,lst,con,gu,g,4s1942 M. N 95% 97% 96% 97% 963/ 96 Feb. 7 963% Feb. 21 Cl & Pitts, gu, g, 4 %s,A.1942 J - J 106 106% 1064 Series B, 4 %s 1924 A .0 106 106% 106% Int reduced to 3%%_ _1942 A -0 Series C,3%s 1948 M - N 90 90 90% Series D, 3%s 1950 F A 90 95 90 90% Erie&P,gen,gu,g,3 %s,B.1940 J - J 90 93 90 90% 90% Apr. 3 91 Feb. 24 Series C 1940 J - J 90 93 90 90% Gr R&Lex 1st gu g 4 As_1941 J - J 7,000 104 106% 105 104% 104% Aug. 7 104% Aug. 30 104% Mch. 7 104%1 Aug. 30 Pitts FtW & Chic,lst,78_1912 J - J 104 102% 102% 103 June 27 104 Jan. 10 Second, 7s 1912J - J 104 102% 104 102% 103% Feb. 1 103% Feb. 1 Third, 7s July 1912 A 0 103% 102% 102 .. Pitts Y &Ash,lst con,58_ 1927 M - N 107 107 To1WV&O,1st,gu,4%sA.1931 J - J 100% 103 103%3 103%3 Series B, 4%s 1933 J - J 100% 103% 104% Series C, 4s 1942 M - S 94% 98% 94% PCC&StL,gu,g,4%s,SerA1940 A - 0 6,000 107% Sale 106 106% 105% 107% 105% Aug. 16 105% Aug. 71 105% Aug. 16 1073% Jan. 11 Series B, guar 1942 A - 0 107% Sale 105% 106% 105% 106 June 20 107% Jan. 10 Series C, guar 1942 M - N 107 106 June 29 106 June 29 Series D,guar 1945 NI - N 98 1S,94 97% Series E, 3 Yis, guar,g_ 1949 F - A 5,000 9034 93 930 92% 93 A Aug. 30 93 Y8 Aug. 30 913% Apr, 18 9334 Aug. 30 Series F, cons 4s,gu,g_ 1953 J - D 97 97% 97% Aug. 21 97% Aug. 21 97% Aug. 21 97% Aug. 21 Series G cons 4s guar_1957 M - N 98% 91 98% 973% 98% 983% May 19 995% Jan. 24 ChicStL&P,1st,cou,g,5s_1932 A - 0 113 113 113% 113 Jan. 6 113% July 5 Pensacola&At—See Lou& Nash Peor & East—See C C C & St L Peor & Pek Union 1st g 68_1921 Q - 107% 107 110% 109 May 20 109 May 20 Second, gold, 4 %s_ _Feb 1921 fl -N 93% 96 99 99 935% Jan. 9 9334 Jan. 9 Pere Marquette—Ref 4s_ _ _1955 J - J 69 66 Feb. 17 763% Mch. 22 • Refunding guaranteed 4s 1955 J - J 2,000 71% 67 68 65 68 67 Aug. 26 67 Aug. 26 67 Aug. 26 76% Mch. 22 Chic & West Mich 5s- _1921 J - D 100% 101% 100%, 100% Feb. 10100% Jan. 4 Flint & Pere Marq, g, 6s_1920 A - 0 110 110 110% 1093% June 291103% Mch. 1 • First consol, gold, 5s_ _1939 P4 - N 101 103 100 97 100 Feb. 17 103 Mch. 2 • Pt Huron Div,Ist g 58.1939 A -0 9,000 103 101% 102% 97 102 98 Aug. 18 100% Aug. 5 98 Aug. 18 103% Mch. 1 Sag Tu & Hu let gu,g,4s.1931 F - A 90 90 Philippine Ry 1st 30-yr sf 4s '37 J - J 14,000 86 89 84 85% 84 86% 84 Aug. 25 86% Aug. 16 84 Aug. 25 88 Feb. 20 Pine Creek—See N Y Central Pitts C C & St L. See Penn Co Pittsb Cl & Tol. See Halt & 0 Pitts Ft %V & Chic. SeePennCo Pitts Junction. See Bait & Ohio Pitts & Lake E. See N Y Cent Pitts McK & Y. See N Y Cent Pittsb Shen & L E 1st g 55_1940 A - 0 112% 112% 112% 1125% Jan. 23 112% May 25 First cons gold 5s 1943 J - J Pittsb & West. See Bait & 0 Pitts Y & Ashtab. See Penn Co eading Co, gen, g, 45.-1997 J - J 382,000 98 Sale 983% Sale 97% Sale 97% Aug. 31 98% Aug. 7 96% Mch. 15 985% July R Registered 1997 J - J 98% 973% Mch. 20 973% Jan. SO Jersey Central, coil g 4s_1951 A - 0 2,000 97% Sale 0734 97% 97% 98 973% Aug. 16 97% Aug. 22 96 Mch. 15 975% Jan. 12 Atl City 1st con gu g 4s_ _1951 J - J Rensselaer & Sar. See D & H Rich & Danv. See SouthernRy Rich & Mecklen. See SouthRy Rio Gr June. See Den & Rio 101 Rio Gr Sou. See Den & Rio Gr Rio Gr West. See Den & Rio G Roch & Pitts. See Buff R & P Rome Wat & Og. See N Y Cen Rutland. See New York Cent ag Tusc & H. See Pere Marq St Jos & Gr Isl. 1st, g, 4s_1947 J - J 1,000 87 88 88% 93 86 90% 90 Aug. 30 90 Aug. 30 8634 Jan. 19 90 Aug. 3( St Law & Adir. See N Y Cent St L & Cal. See Mobile & Ohio St L Iron Mt & So. See MoPac StLNIBr. See Ter RR As ofStL St L & San Fr—Gen,g, 6s_1931 J - J 1,000 118% 120% 119 119% 119 119% 119% Aug. 22119% Aug. 22 118 Apr. 4119% Aug. 22 General, gold, 58 1931 J - J 107 107% 107% 108% 107% 108% 107 Jan. 25 108 Mch. 1 St L & S RR,cons g 48_1996 J - J 90 90% 90 92 90 92 90 Feb. 14 91 May H General 15-20 year 5s_..1927 hl - N 137,000 86% Sale 88% Sale 87% 87% 87% Aug. 28 88% Aug. 4 8634 Jan. 3 90 May 21 Sou West Div, g, 5s 1947 A - 0 99% 98 102% 08% 10043 Mch. 1 101% Feb. 17 Refunding gold, 4s 1951 J - J 124,000 80% Sale 813% Sale 79% Sale 79%3 Aug. 31 81% Aug. 2 79%3 Aug. 31 83 May 4 Registered 1951 J - J 803% Mch. 30 80% Mch. 3( KO Ft S & M con g 68_1928 M N 116 116% 116% 116% 116% 116 Jan. 13 1173y June 2 K C Ft S & M Ry ref g 4s.1936 A - 0 51,000 77% Sale 80% Sale 79 Sale 79 Aug. 31 805% Aug. 1 77% Jan. 3 81 June 21 Registered 1936 A - 0 KC&MR&B—lst gu g 5s1929 A - 0 100 100% 0zark&Ch0,1st,gu,5s,g_1913 A - 0 13,000 97% 98 99% 100 9934 99% 993% Aug. 17 99% Aug. 2 975% Jan. 10 995% Apr. 11 St Louis South. See III Centra St Louis Southw—lst g 45_1989 M - N 32,000 90 Sale 92% Sale 923% 923% Aug. 25 92% Aug. 23 89% Jan. 24 92%3 July 21) 2d, g, 4s, inc.bd.ctfs_Nov '89 J - J 79 81 80 83 78 Jan. 9 83 May 115 Consol, gold 4s _1932 J - D 101,000 73% 76 79%3 Sale 79% 80 793% Aug. 25 79% Aug. 9 75% Jan. 16 8134 May 1: Grays PtTer,lst gu g,5s_1947 J - D 96% 97% 97% St Paul & Duluth. See No Pac St P Min & Man. See Gt North St Paul & Nor Pac. See NoPac StP&SiouxCy. See C StP M &O S A & A P, 1st guar, g, 4s_1943 J J 18,000 86 87 875% 87% 86 87 87 Aug. 24 873% Aug. 2 86% Mch. 18 883% May I S F & N P, let, s, f, g, 5s__1919 J -J 99% 100 99% • Scioto Val & N E. See Nor&W Seaboard Air Line, g, 4s...._1950 A - 0 1,000 84% 88 87 875% 87% Aug. 26 87% Aug. 28 853% Jan. 12 873% June 213 Stamped 138,000 84% 84% 87 873% 87 Sale 87 Aug. 25 87% Aug. 2 8443 Jan. 5 88 May 2:3 Registered 1950 A - 0 Adjustment 5s _Oct 1949 F -A 191,000 76 Sale 78% Sale 75% Sale 75% Aug. 28 7834 Aug. 1 75 Mch. 15 82 July V Atl-Bir 30-yr 1st -g4s..May- '33 M- S 85,4 Sale 86 86% 86% 86 Aug. 30 86 Aug. 30 853% Jan. 3 87 May 1! Caro Cent 1st cons g 4s_ _1949 J - J 91 923% 98 93 913% Apr. 7 913% Apr ' Fla Cent & Pen, lst g 55_1918 J -J 101% 102% 101% 102 Feb. 28 103 May 1: 1st land gr ext, g 5s...1930 J - J 101% 102% 101 Consol gold 5s J -J 103% 105 103 105% Apr. 19 106% Feb. ;i Ga & Ala 1st cons 5s_Oct1994435 J -J 103 10534 104% Feb 24 10434 Jan. i5 Ga Car & Nor, 1st gu g 5s1929 J J 3,000 103% 105 104%3 105% 105 Aug. 21 105 Aug. 21 104 Jan 5 105 May Z5 Seab & Roanoke, 1st 5s_1926 J J 104% 105% 110 105% 110 109 May 4 109 May ,4 Sher Shr & So. See Mo K & T Sil Sp 0 & G. See Atl Coast L Sou Caro & Ga. See Southern fiouthern Pacific Co- 4s, g, Cent Pac, coll.Aug 1949 - D 121,000 91% Sale 02% 92% 91% 92% 913% Aug. 24 9234 Aug. 2 913% Jan. 13 93% May 1: Registered Aug 1940 J -D 1,000 92 90 91 90 9134 90 Aug. 3 90 Aug. 3 90 Aug. 3 9034 Arch. 2 Convertible 4s_ _June 1929 NI - S 1,561,000 97 Sale 08% Sale 96 963% 95% Aug. 28 98% Aug. 1 953% Aug. 28 100 June 27 Cent Pac, 1st, ref- - gu g 4s.1049 F - A ,125,0008 96 Sale 97% 97% 97 97% 96%3 Aug. 28 9734 Aug. 17 95% Apr. 21 9734 Jan. Registered 1949 F - A 95 • 97 96% •

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis 34) BONDS-STOCK EXCHANGE RECORD Lxxxxii 1.

Int. Sales in Price about PRICES IN AUGUST. RANGE SINCE JAN. 1 BONDS. Peri- August. Jan. 3 - N if STOCK EXCHANGE od. (Par val.) 1911. Aug. 1. Aug. 31. Lowest. Highest, Lowest. Highest. Southern Pac Co.-(Con.) Bid. Ask. Bid. Ask.Bid. Ask. Sale Prices. Sale Prices. Sale Prices. Sale Prices Cen Pac mtg gu g 3 Ms Aug'29 J -D 2,000 91 92% 91 9131 9034 9131 91 Aug. 1 91 Aug. 1 91 Aug. 1 92 Feb. 17 ThroughStLlst gug4s_1954 A - 0 1,000 90 94 903/2 93 94 933% Aug. 29 93%3 Aug. 29 92 Jan. 10 933( Aug. 29 Galv Harris & San Antonio- Mex & Pac D,1st g bs_1931 M - N 1,000 106% 108% 106 1083j 10754 Aug. 30 1073/2 Aug. 30 1063/2 Feb. 23 10831 Jan. 19 Gila V G&N,15t,gu,g,58_1924 M _ N 103 May 18 103 May 18 HE & W T, 1st, g, 5s-1933 M - N 109% 109% 10434 10454 105 June 22 105%3 June 7 1st, gu, g, bs, redeem_1933 M - N 1,000 105 1045/2 105 1043/2 1045/2 Aug. 4 10454 Aug. 4 10434 July 20 105 Mch. 29 H&TexC,1st g 5s,int gu 1937J - J 1,000 109 Sale 109% 1099/8 109/g5 Aug. 23 1099/2 Aug. 23 1095/2 Apr. 25 110%8 June 21 gold 6s, int guar-1912 A - 0 110% 11 110 1095j Mch. Cons 10874 %3 034 %3 710931 Mch. 7 Gen gold 45, int guar .1921 A - 0 7,000 94% 95% 94 94%3 Aug. 8 9451 Aug. 8 93 May 3 9534 Jan. 12 Waco & N W,lst,g,65_1930 M - N 115/8 3 118 116 116 A & N W, 1st, gu, g, 58-1941 J - J 102 104% Morgan's La & T let 78-1918 A - 114% 116% 1143/2 113 1155/2 Mch. 30 1155/2 Mch. 30 First, gold, 65 1920 J - J 110% 111 110 111 Mch. 17 111 Mch. 17 NY Tex&M,gu,lst,g,45-1912 A - 0 Nor of Cal, gu, gold, bs_ -1938 A - 0 112% 114% Ore & Cal, 1st, gu, g, 5s-1927 J - J 102 10331 10274 1033-4 102 July 3 102 July 3 to Pac of Cal, Series E 1912 A - 0 102 1013/2 10131 10074 1015/2 May 31 10274 Jan. 13 do do Series F 1912 A - 0 102 101 % 100% 1st coasol, gu, g, 58„ 1937 M - N 1073,1 1083-4 10951 112%7 S P Coast, 1st, gu, g. 43-1937 J - J 84 93 883-4 90 89 925-4 San Fran Term 1st 4s ___ -1950 A - 0 6,000 92m 92% 913/2 Sale 903/2 9054 Aug. 26 9174 Aug. 1 903/8 Aug. 26 93 N Feb. 8 Tex&NO,SabD,lst.g,65-1912 M - S 101A mg. 101 % 1019/8 10051 10134 101/6 Mch. 17 101% May 2 Consol, gold, bs 1943 J - J 101 101 101%5 May 22 103 Feb. 24 So Pac RR, 1st, ref,gu,4s ,55 506,000 94% Sale 947% Sale 9434 Sale 9451 Aug. 24 95 Aug. 3 9431 Aug. 24 96 May 5 cons, g, 55-1994 j - 195,000 107% 107% 108 Sale 106 Aug. 28 Aug. 8 106 Aug. 28 May 19 flouthern-lst, %8 1063-4 1073-4 10874 10954 Devel & gen, 4s, Ser A 1956 A - 0 755,000 76 Sale 79 Sale 77% Sale 77 Aug. 30 79%6 Aug. 1 76 Jan. 3 8051 May 23 Mob & 0, coll tr, g, 48-1938 M - S 7,000 84 90 865-4 Sale 86 88 863/2 Aug. 1 8654 Aug. 1 86 Jan. 11 88 Feb. 15 Mem Div, let, g, 4 %-5s-1996 J - J 2,000 108 110 109 108 109 Aug. 17 109 Aug. 17 108% Apr. 27 10974 June 14 St L Div, 1st, gold, 4s 1951 J - J 15,000 88 88% 89 8874 Sale 88% Aug. 25 88% Aug. 23 8654 Jan. 13 89 June 30 Ala Cent R, 1st, g, 68 1918 J - J 107 107% 110% 107/ 11054 At! & Danv, 1st, g, 4s 1948 J - J 80 803/2 88 865 9074 May 20 9074 May 20 Second, 4s 1948J - J 82% 8234, 8234 82%3 823-1 82% 8251 July 13 8251 July 13 Atlan & Yad,lst,gu,g,45.1949 A - 0 80 8054 8051 Col & Greenv, 1st, g, 63-1916 J - J 106% 106 104%7 10674 Feb. 21 107 Apr. 20 E T Va & Ga div'l g 58-.1930 J - J 107% 109 1073% 1073-4 Apr, 17 10851 June 5 Cons, 1st, gold, 58-1956 M - N 12,000 110 110% 111 11234 1093/2 111 1103% Aug. 12 112 Aug. 10 1097% Jan. 14 112 Aug. 10 E Ten reorg lien, g, 5s 1938 M - S 2,000 104% 106% 10634 Sale 106%5 10651 Aug. 1 10651 Aug. 1 105 Feb. 16 10631 Aug. 1 Georgh. Midland 1st 3s-1946 A - 0 67 72 62 63 Ga Pac Ry, let, g, 6s 1922 J - J 1,000 112 1133/2 1133/2 11354 Aug. 29 11374 Aug. 29 113 June 9 114 Jan. 8 Knox & Ohio, 1st, g, 68-1925 J - J 116 118 112 114 11574 May 25 116 May lb Mob&Brim, pr lien g 53_1945 J - J 105% 106% Mortgage, gold, 45.-1945 J - J 73 79% 4 2,000 10474 108 105 % 106 104 ,____ 10574 Aug. 3 10574 Aug. 3 105 June 8 1057% Aug. 3 Deb, 5$, 1046 104%7 104/8 104%5 Melt. 25 105 Mch. 31 Rich & Meek, 1st, g. 71 713% 7134 71 Mch. 13 71 Mch. 13 So Car & Ga, 1st g 53-- -1919 M - N 5,000 103% 104 10474 10374 105 10354 Aug. 30 104 Aug. 14 103% Aug. 30 1045/2 May 25 Va Mid-Ser m, D,4-58_1 1992261 sS 103/s7 10434 June 16 10454 June 5 Series E,65 105% 105%3 106 Mch. 14 106 Mch. 14 Series F, 55 1931 M - S 105% 106 Virginia Mid, gen, 5$..1936 M - N 1,000 107 108 10634 107%3 Aug. 4 10774 Aug. 4 107 Jan. 16 108 July 18 Va& Southwest 1st gu 53.2003 J - 108 110% 10851 108 Apr. 5 110 Jan. 18 First cons 50-year 5s-1958 A - 0 2,000 94% Sale 95 963/8 94 9634 9534 Aug. 29 9674 Aug. 2 9455 Jan. 3 973/2 Feb. 4 W 0 & W,1st, cy,gu, 48.1924 F - A 86 91 90 West N C, 1st, coy, g, 6s.1914 j 104% 10431 105 10451 105 1043.4 Mch. 9105 Jan. 14 Spokane Internat lit g 5s_1955 j 101 102% 103 105 101 104 102 Jan. 12 102%5 Jan. 17 Sunb&Lewistown. SeePennRR TerAssn ofStL,lst,g,4%s_1939 A - 0 105% 10551 10634 105 10674 10574 Feb. 17 105%5 June 29 First cons, g, 5s.1894-1944 F - A 3,000 107% 11274 112 112 Aug. 16 112 Aug. 16 1103% July 8 112/g3 Mch. 30 Gen ref, s, f, gold, 4s_ 1953 - J 1,000 08% 95 96%6 953-4 Sale 9554 Aug. 31 95%3 Aug. 18 9574 Aug. 31 98 Feb. 6 StL M Br Ter,gu, g, 5s_ _1930 A - 107 3.4 107%3 10751 10834 Feb. 23 1083-4 Feb. 23 Texas & N 0. See Sou Pac Co Texas & Pacific, 1st, g, 68_2000 j _ D 35,000 110% 111% 11034 110%3 110 11034 110 Aug. 2511051 Aug. 22 110 Apr. 711174 Jan. 13 Second, g, income 55-.2000 Mch 85 45 65 45 65 La Div B L, 1st, g, bs 1931 _ j 98% 90 10254 9754 993/2 Apr. 4 9934 Apr. 4 W&NW,1st,gu,5s_1930 F - A 96 W M J To! & Ohio Cent-lst,g,bs_1935 J _ 1,000 10954 110 109 109 109 Aug. 23 109 Aug. 23 108%3 Mch. 27 11074 Jan. 10 Western Div, 1st, g, 5e_ _1935 A - 0 109% 110 107 116 1065-4 General, gold, bs 1935 J D 100% 10351 103%3 10351 1013.4 Mch. 28 1033.4 Jan. 26 gu, g, 4s_1990 A -0 10,000 913/2 92 92 91/18 Aug. 7 92 Aug. 8 90 Jan. 19 92 Aug. 8 Kan & M, 1st, 893.4953% 903/2 903/ Second 20-year 5s.._- -1927 J - J 4,000 97 973/2 9854 973 9834 97%7 Aug. 29 98 Aug. 15 9634 Mch. 2 98 May 2 Tol Peo & W. lst, gold, 4s_1917 J - J 6,000 90 9254 92 95 90%3 95 91 Aug. 18 91 Aug. 18 90 Mch. 28 9236 June 21 Tol St L &W-Pr 1. g, 3%s.1925 J - J 2,000 89% 89 8831 8774 Aug. 7 873.4 Aug. 7 873/8 Aug. 7 801 Mch. 24 Fifty-year, gold, 45 1950 A - 0 21,000 75 70 715% 65 69 y, 674 Aug. 29 7051 Aug. 4 67% Aug. 29 747 Jan. 17 Coll trust 4s g Ser A__ _1917 F - A 21,000! 81 83 75 77 75 753% 75% Aug. 17 75% Aug. 17 7554 Aug. 17 81 Feb. 2 Tor H & B, 1st, g, 4s_July 1946 J - D 86% 903-4 913-4 9074 9134 87 Mch. 28 9074 July 24 lster & Del, 1st con,g,53.1928 J - D 1,000 106 106 10514 106 Sale 106 Aug. 31 106 Aug. 31 10574 Jan. 13 106 Jan. 0 U First refund, g, 4s 1952 A - 0 83% 86 843/2 8474 853/2 June 8 853/2 June 8 Union Pac RR & Id gr g 4s.1947 J J 239,000 101 Sale 101% Sale 101 Sale 10074 Aug. 30 10154 Aug. 3 100 Mch. 17 10251 May 10 Registered 1947 J - J 10,000 100 100%3 9931 Aug. 15 9934 Aug. 15 9934 Apr. 4 10034 May 5 20-year cony 45 1927 J - J 4,160 000 104 Sale 10834 Sale 10274 Sale 101'% Aug. 3010851 Aug. 1 101/i7 Aug. 301105% July 22 First & refund 4s_ _June 2008 M - S 92,000 96% Sale 9651 975-4 963/8 Sale 9634 Aug. 31 973/8 Aug. 3 965i Aug. 31 9851 May 5 Ore RR & Nay con g 48_1946 J - D 8 000 96y2 9551 933-4 Sale 9354 Aug. 29 95 Aug. 2 933-4 Aug. 20 9734 May 6 Oreg Sh Line, 1st, g, 6s_1922 F - A 2,000 114% 1147411451 11334 11451 11351 Aug. 18 11334 Aug. 29 11351 Aug. 18 11551 Feb. 2 First consol, gold, 5s_ _1948 J - J 111% Sale 11251110 11131 111% Jan. 3 113% Jan. 9 Guar refund gold 48_1929 J - D 120,000 93 Sale 9351 Sale 9354 Sale 9351 Aug. 24 9431 Aug. 4 92%3 Jan. 6 95 May 4 Utah & Nor, gold, 58_1926 J - J 106 106 10634 109 108 May 26 108 May 26 N J RR&C Co. See Penn RR Utah Central. See Rio Gr Wes Utica & 131 Riv. See N Y Cent andalla consol g, 43__ _1955 F - A 97 V Consol 4s Series B __ _1957 M - N 07% 97 9734 9754 96%8 Mch. 13 9754 Jan. 30 Vera Cruz&P 1st gu g4 %s _1934 J - J 90 913.4 9134 90 June 20 90 June 20 Ver Val Ind & W. See Mo Pac Virginia Mid. See Southern Ry abash, 1st gold 58...... 1939 M - N 48,000 108% 109 10854 Sale 107% Sale 1073/2 Aug. 28 10854 Aug. 2 1077% Aug. 28 110 Feb. 20 W Second, gold, 05_ _ _1939 F - A 21,000 98% Sale 993-4 100 98 997% 99 Aug. 25 100 Aug. 3 9834 Jan. 6 101 Feb. 21 Debenture, Series B, 6s_1939 J - J 100 105 105 98 Apr. 26 98 Apr. 28 let lien, equip, 8 f, g, 6s_1921 M - S 97% 100 100 100 100 Feb. 3 104 Apr. 17 1st lien, 50-yr, g, term 4s1954 J - J 85 88 85 let refund & ext gold 43..1956 J - J 1,244,000 64% Sale 665/2 Sale 617-4 Sale 61 Aug. 12 663/2 Aug. 1 61 Aug. 12 715% Feb. 21 Det & Ch Ex, 1st, g, 5s 1941 J - J 108% Sale 10736 10834 1073/8 10834 1073% May 5 10831 Jan. 3 Des Moines Div, 1st, g, 4s '39 J - J ... 8131 77 81 Mch. 28 8134 May 24 Omaha Div, 1st, g,3 %s_1941 A -0 76 70 75 67 75 703-4 June 22 7531 Feb. 23 Tot & Chic Div, 1st, g, 481941 M - S 86 8134 83%3 77 86 85 May 6 85 May 6 Wabash-Pitts Ter,lst g 4s_1954 J - D 10,000 47% Sale 473/2 48% 433.4 44 4334 Aug. 30 4334 Aug. 30 4131 Apr. 8 4931 June 20 Cent Tr & Old Col Tr certs______1,088 000 47% Sale 4774 Sale 4454 Sale 4334 Aug. 12 473/2 Aug. 1 393-4 Apr. 8 50 June 20 Columbia Trust Certfs 142,000 47% 475% 485-4 433/8 44 4374 Aug. 18 47 Aug. 3 40 Apr. 18 50 June 20 Col Tr Ctfs for Cent Tr Ctfs_ 46 48 4736 483-1 4334 44 Second, gold, 4s 1954 J - D 21,000 6% 7 274 Sale 1 1% 2 Aug. 25 23/2 Aug. 1 2 Aug. 25 73-4 Feb. 24 Trust Co certs of deposit._ 199,000 8 23/2 3 1 Sale 8% Aug. 31 3 Aug. 14 % Aug. 31 8 Feb. 23 Wash Central. See Nor Pacific Wash Ohio t West. See So Ry Wash Tern: lit gu 35/2s__1945 F - A 88% 873% 90 874 90 8834 Jan. 11 90 Feb. 8 West Marylh ,d, 1st g, 4s...1952 A - 0 260,000 86% Sale 88Y8 Sale 86% Sale 863% Aug. 19 883/2 Aug. 4 86 Mch. 13 883-4 May 15 et N Y & ra, let g 5s.- 1937 J - J 110% 111 1093j 109%3 10934 10931 10931 Apr. 25 11034 Feb. 10 General,gal 43 1943 A - 0 1,000 87% 887% 88% 885% Aug. 19 885% Aug. 19 88% Jan. 7 8831 Mch. 3 income 5s_ _ . April 1943 Nov West'n No Car. See South Ey Wheel & L Erie-lst g 5s 1926 A - 0 1,000 101% 10434 1047-4 103% 10431 104% Aug. 22 1043/2 Aug. 22 low, Apr. 27 105 Jan. 24 Wheeling Div 1st g 55.....1928 J - J 100 103% 102% 102% 102% 104 103% Feb. 8 104% Apr. 25 Eaten & Imp gold 5s.. 1930 F - A 100 102% 98 103 98 103 Wh & L E RR 1st con g 48_1949 M - S 10,000 84 85 84%3 Sale 84 843% 8434 Aug. 29 84% Aug. 4 82 Apr. 25 86 Jan. 18 20-yr equip s f g bs 1922 J - J 96 97% 9534 955/ 9834 Feb. 18 9934 Feb. 6 Will & Sioux F. See St P M&M M lcston-Salem S B 1st 4s 1960 J - J 95 95 94 Apr. 28 95 Apr. 28

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis SEPT. 1911.1 BONDS-STOCK EXCHANGE RECORD 31

Int. Sales in Price about PRICES IN AUGUST. RANGE SINCE JAN.1 BONDS. Pen- August. Jan. 3 - - N Y STOCK EXCHANGE od. (Par vat.) 1911. Aug. 1. Aug. 31. Lowest. Highest. Lowest. Highest. Bid. Ast. Bid. Ask.Bid. Ask. Sale Prices. Sale Prices. Sale Prices. Sate Prices. Wiscon Cent 1st gen g 4s.._1949 J - J 19,000 93% Salo 9334 Sale 9254 9334 9254 Aug. 25 9354 Aug. 2 9254 Mch 27 93% June 27 Sup&Dul div&ter 1st 45 1936 M - N 31,000 92% 93% 92 9254 92 92% 92 Aug. 24 9254 Aug. 3 92 Mch. 24 93% Jan. 30 Street Rail way Bonds Brooklyn Rap Trans g 5s__1945 A - 0 9,000 103% 104 Sale 102% 10354 Aug. 14 104% Aug. 14 102 Mch. 24 104% July 26 1st refund cony g 4s_ _ __2002 J J 597,000 83 Sale 86% Sale 83% Sale 83 Aug. 25 86% Aug. 1 8254 Jan. 3 88% July 11 Bklyn City 1st con 5s_'16-'41 J J _ 1029's 103 10054 10134 10154 10154 May 31 103 Jan. 8 Bklyn Q Co & S gu g. 58'16-'41 M - N 98 Bklyn Un El 1st g 4-5E1_1950 F - A 43,000 101% 102 102 Sale 10154 Aug. 25 103 Aug. 9 100% Feb. 24 103% July 24 Stamped guaranteed_1950 F - A 1,000 102 101 102 102 Aug. 25 102 Aug. 25 100% Mch. 15 102 Feb. 11 Kings Co Elev 1st g 48__1949 F - A 16,000 86 84% 86 84% 84% Aug. 16 85 Aug. 16 84% Aug. 16 8554 July 31 Stamped guaranteed_1949 F - A 19,000 84 843 8434 85 84% Aug. 5 8554 Aug. 17 8254 Mch. 30 8554 Aug. 17 Nassau Elec guar gold 4s 1951 J - J 1,000 7854 79% 8054 78 78% 79% Aug. 14 79% Aug. 14 78 Jan. 12 80% June 8 (Bonn Ry & Lt-lst g 4%8_1951 J - J 1024 10254 102% 101% 10134 Apr. 2810154 Apr. 28 Stamped guar 4%s 1951 J _ J 1,000 100% 101% 102 313 10154 10154 Aug. 29 10154 Aug. 29 101 Apr. 410234 July 18 Det United 1st cons g 4 %s_1932 J - J 80 8234 8154 8054 Feb. 3 82% Feb. 20 Grand Rap Ry 1st gold 58_1916 J - D 1,000 99% 100 Sale 100 Havana Elec Ry cons g 58_1952 F - A 8,000 944 9854 99 97% 98 97% Aug. 25 9854 Aug. 14 94 Jan. 11 9854 Aug. 14 Inter-Metrop coil 4 %s_ _ _1956 A - 01,572,000 79Y Sale 79% Sale 79 Sale 77% Aug. 17 79% Aug. 1 7734 Aug. 17 83 July 19 Interboro R T 5s, series A_1952 M - N 41,000 1035 Sale 10334 104 10354 103 Aug. 28 103% Aug. 2 103 Aug. 28 10454 May 24 Internet Tract coil tr 4s_ _..1949 J - J 70 80 Manhat Ry(N Y)con g 48_1990 A - 0 14,000 97,i8 Sale 9654 97 96% 9634 Aug. 14 96% Aug. 7 06 Apr. 7 9834 Jan. 4 Stamped tax exempt A - 0 37,000 9854 98% 97 9734 964 Sale 9634 Aug. 23 97 Aug. 18 96% Aug. 23 9854 Jan. 8 Manila Elec 1st & coil 58_ A953 M S 88 90 90 - Metropolitan Street g 58_ __1997 F - A 6,000 78 79 7634 78 75 77 77% Aug. 2 78 Aug. 3 73% Apr. 25 79 June 9 Guaranty Tr Co ctfs J - D 29,000 78 80 78 Sale 75/73 Sale 74% Aug. 16 78 Aug. 1 73 Apr. 20 79% June 10 Refunding gold 4s 2002 A - 0 11,000 48 50 45% 48 46 Aug. 2 46 Aug. 3 45%1 Mch. 29 48 May 24 Tr Co ctfs of dep stamped 54,000 48 49 4554 47 45% Sale 44 Aug. 24 4634 Aug. 5 4334 May 12 5034 June 9 B'y & 7th Av 1st con g 5s1943 J D 10,000 10254 Sale 101% 102% 9954 100 10154 Aug. 8 10154 Aug. 8 10154 May 2910254 Jan. 17 Col & 9th Av 1st gu g 58_1993 M - S 100 Sale 98% 10054 100 Jan. 3101 Jan. 12 Lex Av & P F 1st gu g 5s 1993 M - S 8,000 98 100 101 99% Sale 19934 Aug. 31 10054 Aug. 14 99% Aug. 31 100% Aug. 14 Third Av 1st con gu g 4s_2000 J - J 59 Aug. 31 7054 June 9 Central Tr Co ctfs stampd 672,000 5834 Sale 68 Sale 63 64 63 Aug. 25 68 Aug. 1 5834 Jan. 3 7054 June 10 1st gold 5s 1937 J - J 109 109%, 110 10954 111 109 Jan. 10 111 Jan. 4 Minn St Ry 1st con g 5s1919 J - J 101 10334 101% 101% N Orl Ry & Lt gen 4 %s_ _ _1935 J - J 10,000 8534 84 8734 89% 87% Aug. 4 8734 Aug. 4 84 May 8 8734 Aug. 4 St Jo Ry Lt H &P 1st g 59_1937 M- N 99 98 98 St Paul C Cable 5s 1937 J - J 104 106% 106% 106% Apr. 1 106% Apr. 1 Tr -City Ry & Lt 1st s f 58_1923 A - 0 2,000 9834 9834 98X 9854 9734 97% Aug. 15 97% Aug. 15 97% Aug. 15 99 Apr. 21 Underground of London 5s 1920 M - N 98 9934 4545 1938J J 17,000 898 95% 96% 94 9654 95% Aug. 3 97 Aug. 11 90% Jan. 5 97 Aug. 11 Income 6s 1948J - J 26,000 378 383-4 61% Sale 5834 61% 58 Aug. 21 62 Aug. 4 38% Jan. 14 6654 June 19 Un Rys Inv-5s Pitts 188_1926 M - N 8554 8234 8534 82% 84 84 Apr. 11 86% May 14 United Rys St L 1st g 4s_ _ _1934 J J 8154 80 77 80 May 31 80 May 31 St Louis Tran gu imp 58_1924 A - 0 81 82 86 8434 85 June 29 85 June 3( United RRs San Fr s f 4s_ A927 A - 0 3,000 66% 68% 67 Sale 67 67 Aug. 1 67 Aug. 1 67 Aug. 1 72% Feb. it Gas & Electric Light Cos, Atlanta Gas-Lt 1st g 5s__ _1947 J - D 102 103 103 Bklyn Un Gas Co 1st c g 58 1945 M - N 15,000 10534 Sale 107 10734 107% 107% Aug. 9 107% Aug. 4 10554 Jan. 3 108% June 9 Buffalo Gas Co 1st g 5s_ _ _ _1947 A - 0 5934 64 61 61 6454 59%, Jan. 21 62% June it Detroit City Gas Co g 5s__ _1923 J - J my,. 10054 1003% 1003% 100 Jan. 30 101 Jan. 24 Det Gas Co con 1st g 5s_ _ _ _1918 F - A 100 Detroit Edison Co 1st 58_1933 J - J 1,000 10054 Sale 100% 10034 101 10047 Aug..30 101 Aug. 19 100 Jan. 27 101 Aug. 19 Eq Gas L Co N Y cou g 5s_1932 M - S 105 105 10634 106% 105% Mch. 8 10654 May 4 Gr Rap Gas-L Co 1st g 5s__1915 F - A 98 101 99 101 99 101 Hudson Co Gas 1st g 5s_ __1949 M - N 102% 103 103rt 103 103 Jan. 5 104% Mch. 2f Kan'City (Mo)Gas 1st g 5s 1922 A - 0 97 97 99% 97% 99% 9754 June 5 9934 Mch. 1 Kings Co EL & Pg 5s_ __ _1937 A - 0 101 102 104 105% 10154 Jan. 5 106 May 2( Purchase money 68 1997 A - 0 1,000 11254 115 116%, 117 117 116% Aug. 18 116% Aug. 18 11334 Mch. 30 11654 June it Ed El Ill Bkn 1st cog 4s_1939 J - J 8634 875 88% 90 87% Jan. 12 90 May F Lac Gas L 1st g 5s_ __May 1919 Q F 19,000 102 1023-4 1030, Sale 103 104% 103% Aug. 7 104 Aug. 24 102 Apr. 7 104 July 2E Refund & ext 1st g 58_ _1934 A - 0 8,000 9954 101% 1024 103 102 102% 102 Aug. 8 102% Aug. 3 100 Mch. 8 103 July 2: Milwaukee Gas Lt 1st 4s_ _1927 M N 37,000 89% 9234 90% 9034 91 90 Aug. 16 90 Aug. 16 90 Jan. 11 91 Jan. 31 Y Gas El Lt & P 5s1948 J D 83,000 102% Sale 104% Sale 102% Sale 10254 Aug. 30 104% Aug. 1 102 Feb. 23 104% July 1 Purch money coil tr g 40_1949 F - A 38,000 87% Sale 89 Sale 88 8854 88 Aug. 28 89 Aug. 21 87 Jan. 6 8934 May 11 Ed El 1st cons g 5s_ _ _1995 J - J 1113' 11254 115 112% 115 111 Mch. 8 112% June U NY&QE1L&Plstcg5s1930 F- A 101 101% 100 Feb. 4 10154 May 21 Pacific G & Elec Co Cal G & E corp unifying & ref 5s ._ _1937 M - N 84,000 92 93 95% Sale 95% Sale 9534 Aug. 22 96 Aug. 2 91% Jan. 19 96% June 21 People's Gas & C-lst 68_1943 A - 0 11654 117 115% 116% 11654 Feb. 2011934 May : Refunding gold 55 1947 M- S 12,000 101 101 101% 102 Sale 102 Aug. 25 102 Aug. 10 10134 Jan. 410234 July 2: Ch Gas L & C 1st gu g 5s 1937 J J 10,000 10234 104 103 104% 102% 104 10254 Aug. 24 10354 Aug. 3 102% Mch. 14 10354 July it Consum Gas Ch lst gu g 58'36 J -D 10034 103 101% 102 101 102 101 Feb. 9 101%1 Mch. 1 Ind Nat Gas & Oil ref 5s '36 M - N 89 101 90 Jan. 6 91% Jan. 7, Mut Fuel Gas 1st gu g 5s 1947 M - N 54,000 100 10054 100% 101 101% 101 Aug. 12 101% Aug. 21 100% Jan. 9 101% Aug. 21 Phila Co cony deb 5s 1919 F - A 102 10554I 114 109 104 Jan. 20 116 June 1 Syracuse Lt Co 1st g 5s_ _ _ _1951 J - D 98 100 100 Syracuse Lt & Pow s f 5s....1954 3 - J 8134 81 81 June 7 82 May , Union El L & P refund 58_1933 M- N • 9534 06 i 96 97% 96 9734 93 Apr. 12 96% Feb. 2: Utica G& Elec ref & ext 58_1957 J - J 98 • 9934 99% 99% July 19 99% July 11 Westchester Light gold 58_1950 J - D 5,000 102% 104 105% 10434 10454 104% Aug. 30 105% Aug. 4 104 Jan. 30 105% June 2' Miscellaneous Bonds. Adams Express col tr g 4s_1948 M - S 17,000 90 91 : 86% Sale 84 85 84 Aug. 24 86% Aug. 2 84 Aug. 24 91 Feb. 2( Armour & Co 1st real eat 4 54s'39 J - D 77,000 02 Sale 9234 9234 92 92% 92 Aug. 26 923 Aug. 4 92 Aug. 26 9354 Feb. 2: Bush Terminal 1st 4s 1952 A - 0 3,000 8834 • 9254 93% 92% 92% Aug. 22 92% Aug. 25 90 Jan. 5 93% May 11 Consol 58 1955J - J 5,000 98 : 97 99 97 Aug. 29 99 Aug. 5 97 Feb. 14 100% Apr. 11 Chino Copper Ist:conv 6s_ A921 J - J 38,000 • 112 102 Sale 102 Aug. 31 111 Aug. 5 102 Aug. 31 111 Aug. Det M & M land gr incomes 1911 A - 0 35 40 31 20 20 35 Bich. 25 36 Mch. 21 Inst for Irrig Wks s f 434s 1943 M - N 95% 91 92 June 21 93 June 1 Inter Mer Marine col tr 454s '22 A - 0 142,000 63% 65 67% Sale 64 Sale 64 Aug. 31 6754 Aug. 2 64 Jan. 17 6854 June 11 Int Navigation 1st s f 5s_ -1929 F - A 24,000 78 78 i 82% Sale 81% 8134 Aug. 21 82% Aug. 3 78 Jan. 12 8254 June 21 Morris & Co 1st s f 4 %s_ __1939 J J 90 91 i 90 91 91 90% July 18 92 Jan. 2 N Y Dock 60-year gold 48_1951 F - A 85 91 i 8434 89 82% 85 84 June 22 90 Mch. 1 Niagara F Power 1st 5s-_1932 J - J . 101 10054 102 Apr. 5 102 Apr. Pub Ser Cor NJ gen 50-yr 5s'59 A - 0 24,000 943-4 . 93% 94 93 93% 93% Aug. 25 9354 Aug. 4 93% Aug. 25 96% Jan. 2' Wash Water P 1st 30-yr 55 1939 J - J 101% 101 101 102% Mch. 14 102% Mch. 1, Telegraph and Telephone. Am Tel &Tel col trust 4e ..1929 J - J 257,000 91 Sale 91% Sale 90 Sale 90 Aug. 30 91% Aug. 4 89% Mch. 20 9254 July . Convertible 45 1936 M - 8 503,000 105 Sale 107% 109% 105% Sale 10434 Aug. 25 107% Aug. 2 10454 Aug. 25 11354 June commercial Cable 1st g 4s_2397 Q - J 83% 88 83 83 8354 Apr. 21 83% Apr. 21 Keystone Telephone 1st 5s 1935 J" - J 1,000 84 83 85 Sale 85 •fAug. 31 85 Aug. 31 85 Aug. 31 85 Aug. 31 Met T & T 1st at g 58 1918 M - N 103% 103 102 10354 1033% Mcn. 7 104 July 1 Mich State Telep 1st 20-yr 5s'24 F - A 19,000 99 99 ( 100% 101 100 100% 100 Aug. 24 100% Aug. 11 98 Jan. 17 101 July 21 &NJTelgeng5s__1920 M -N 103 103 102 103% May 19 10334 May 19 NY Tel 1st & gen s f 4 %s_1939 M - N 210,000 98% Sale 99% 100% 99% Sale 9954 Aug. 30 10034 Aug. 4 9854 Jan. 20 10034 May 19 Pacific T & T 1st 55 1937 3 - J 376,000 97 Sale 99 Sale 98% Sale 985/ Aug. 30 99% Aug. 3 97 Jan. 6 99 June 12 West Un-Coll tr cur 5s 1938 J - J 27,000 99% Sale 101 1015410054 Sale 1005- Aug. 281018% Aug. 22 993.4 Feb. 23 103 June 9 Fund & real eel 454s g....1950 M - N 4,000 95% Sale 9634 98 96 9654 Aug. 15 9648 Aug. 15 92 Mch. 9 983-4 May 24 Cony 45 Series A 1936 M - N 55,000 102% 103 104% Sale 104% 10434 104% Aug. 1 104% Aug. 19 103 Jan. 13 104% July 14 Mut Un Tel gu extd 1941 5s M - N - 103 10434 102 103% 104 June 23 104 June 23 No W Tel gu fund 4%s g 1934 J - J 95 92% 99% Manufacturing & Industrial. Allis-Chalmers 1st 5s 1936 J - J 376,000 704 78 74% Sale 67% 69 67 Aug. 28 74% Aug. 1 67 Aug. 28 79 May 2 Am Ag Chem 18t cons 58. A928 A - 0 55,000 102 102 4 102 Sale 101% 102% 1014, Aug. 23 102 Aug. 3 101% Mch. 31 10234 Jan. 27 Am Cotton Oil 4 %s__Nov 1915 Q - F 11,000 _9734 Sale 97% 98 98% 97% Aug. 21 9854 Aug. 25 97% Jan. 4 98% May 29 Debenture 5s 1931 M - N 8,000 - 96% Sale 96 Sale 96 Aug. 9 96% Aug. 15 96 Aug. 9 97% May 26 Am Hide & L 1st s f g 68_ _1919 NI S 41,000 95 973,i, 99 9954 983% 9954 98% Aug. 25 99 Aug. 3 96% Jan. 4 100 Feb. 24 Am Ice Securities deb g 68_1925 A - 0 1,000 64 66 i 76 76% 70 76 76 Aug. 3 76 Aug. 3 65 Jan. 5 78 May 5 Am Smelters Securities Os 1926 F - A 611,000 103% Sale 10134 Sale 101 Aug. 24 10394 Aug. 1 10034 Feb. 3 10434 June 13 Am Spirits Mfg 1st g 68_-1915 M - S 96 98 102 102 100 Jan. 17 102 July 26 American Thread 1st 4s_ _ _1919 J - J 2,000 92% 93 93% 935% Sale 935 Aug. 26 935 Aug. 26 92% Jan. 19 93% May 8 Am Tobacco 40-year g 6s_ A944 A - 03,370,000 105% Sale 1047A Sale 10434 Sale 1027-4 Aug. 24 10534 Aug. 15 102% Aug. 24 110% May 18 Registered 1944 A - 0 152,000 103 Aug. 241048% Aug. 15 102% May 31 107% Mch. 27 4s 1951 F - A 4,154,000 8() Sale 8754 Sale 84% Sale 8154 Aug. 18 871 Aug. 1 79% Jan. 3 9:3si May 31 Registered 1951 F - A 5,000 8234 Aug. 23 867 Aug. 2 82% Aug. 23 88 July 19 Am Writing Paper 1st s f 5s 1919 J - J 11,000 90 90 i 01% Sale 90 90% 90 Aug. 28 91 Aug. 4 89% Feb. 20 9154 Aug. 4 Baldwin Loco Wks 1st s f 5s '40 M - N 103% 103 , 102% Mch. 31 10354 July 18 Beth Steel 1st ext s f 5s_ -1926 J - J 150,000 8634 Sale 96 Sale 93 94% 93% Aug. 17 96 Aug. 1 86% Jan. 3 9834 May I.18 Central Leather 20-yr g 58_1925 A - 0 185,000 993' Sale 99% Sale 97 Sale 97 Aug. 30 99% Aug. 2 97 Aug. 30 100 Jan. 1 Consol Tobacco 50-yr g 48_1951 F - A 116,000 79% 80 4 873% Sale 833% Sale 81% Aug. 22 8794 Aug. 1 8134 Jan. 11 90 May :., 1

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis 32 STOCKS-STOCK EXCHANGE RECORD. [VoL. Lxxxxia.

Int. Sales in I Price about PRICES IN AUGUST. RANGE SINCE JAN. 1. BONDS. Pen- August. Jan. 3 STOCK EXCHANGE (Par N V od. sal.) 1911. Aug. 1. Aug. 31. Lowest. Highest. Lowest. Highest. (Con.). Manufacturing & Indus Bid. Ask. Bid. Ask. Sale Prices. Sale Prices. Sale Prices. Prod Ref g s f 55 1931 M- Sale Prices. corn N 5,000 97 9735 97 9735 963' 97 Aug. 4 97% Aug. 2 96 Jan. 19 9734 Aug. 2 1st 25-yr s f 55 1934 M - N 34,000 94 96 9631 Sale 953 9634 963% Aug. 14 97 Aug. 2 9534 Jan. Cuban-Am.Sugar coil tr 65, 1918 A - 10 97 Feb. 1 9,000 97 96 Sale 06 97 96 Aug. 1 96 Aug. 1 9534 Jan. 31 97 Jan. 16 Distillers' S C cony 1st g 58 1927 A - 113,000 76% 773% 77 79 74 Sale 74 Aug. 28 7734 Aug. 3 74 Aug. 28 E I du Pont Powder 4 Ms_ A936 J -D 80 May 22 25,000 83% 85 86 Sale 85 Sale 853% Aug. 14 86 Aug. 1 823% Jan. 10 863% June 30 General Elec deb g 335s 1942 F - A 81% 81 Feb. 2 82 10-yr gold deb 5s 1917 J -D May 5 sl ,000 146 148 160 155 145 Mch. 3 167 May 29 General Motors 1st Hen 6s..1915 A - 190,000 9934 Sale 9835 Sale 08 Aug. 30 9934 Aug. 1 98 Aug. Internat Paper 1st con g 68 1918 30 993% June 29 F -A 17,000 104 104% 103 105 103 104 1023% Aug. 18 1043% Aug. 10 101 Apr. 21 1043% Jan. 12 Cons cony s f gold 6s_ _ _ _1935 J - J 55,000 84% 85 843% 86 83 84 83 Aug. 18 843% Aug. 8 83 Aug. Int Steam Pump 1st at 58_1929 18 87 Jan. 26 M- S 7,000 91% Sale 9335 94 93 94 933% Aug. 18 94 Aug. 7 918% Jan. 5 95 May 26 Lackaw Steel 1st cony 55_ _1923 61,000 A - 96% Sale 98 9834 98 98% 98 Aug. 171 9834 Aug. 4 963% Jan. 9, 993% Mch. 3 1st cons 5s series A 1950 M - S 81,000 85 82 Sale 80 81% 80 Aug. 24! 82 Aug. 4 80 Aug. 24; 883% 5-year cony 58 1915 Apr. 6 M 8 103,000 91% Sale 93% Sale 93 9334 93 Aug. 25' 94 • Aug. 3 90 Feb. 171 96 Mch, 24 NatEnam&Stpg 1st 20-yr5s'29 J -D 18,000 98% 94 94% 94 94% 94% Aug. 16 94%3 Aug. 14 July 12 N Y Air Brake 9434 9534 Feb. 14 1st cony 65_1928 M - N 52,000 103% Sale 10334 104% 99 100 100 Aug. 30 104 Aug. 4 100 Aug. 30 105 Jan. 11 Rwy Steel Springs 1st s f 5s 1921 - 2,000 97 9735 98% 100 98% 083% Aug. 29• 983% Aug. 30 975 Jan. 99 May Repub I & S 1st & col tr 5s 1934 7,000 4 24 A - 10135 102% 1023% Aug. 151023% Aug. 17 1023% June 1 1033% Feb. 4 10-30 yr sink fund 5s_1940 A 20,000 93% 94% 93 • 94 Aug. 23 9434 Aug. 11 Standard 94 Aug. 23 96 May 20 Milling 1st 5s 1930 M. N 88 88 87 May 25 89 June 13 Union Bag & P 1st s f 5s_ _ _1930 J - J 4,000 92 95 90% 9535 94% 95% 9435 Aug. 19 9434 Aug. Stamped 19 9054 Feb. 81 9534 Mch. 21 92 95 97 97 • 02 Feb. 4, 96 Mch. 27 tJ S Leather s f deb g 6s_ _1913 M - N 3,000 104% 104% 102 102%1 102% 104 1023% Aug. 4 1023% Aug. 4 Realty 37,000 102 June 24 105 Feb. 14 US & Imp deb g 5s 1924 J - J 90 Sale 903% Sale 90 Sale 89 Aug. 221 903% Aug. 1 89 Jan. 4 91 May 4 US Red & Ref 1st s g Os_ _1931 J J 88 Sale 88 Rubber 10-yr tr 1918 107,000 70 Apr. 17 88 Jan. 3 U S coil 68 J - D 103 Sale 104% Sale 104 10434 104 Aug. 21 104%3 Aug. 4 103 Jan. 3 105 Apr. 28 U S Steel Corp s f g 5s Apr_1963 NI- N 1,035,000 104 Sale 105% Sale 104K.Sale 1043% Aug. 19 105%0 Aug. 1 103% Jan. 6 10634 May 19 Registered Apr 1963 NI - N 53,000 103% 103%1 1053% Sale 1043% Aug. 17 10554 Aug. 1 70,000 1033% Jan. 4 1063% May 16 Va-Car Chem 1st 15-yr 5s_ _1923 J - D 100% Sale 101 Sale 99% 99% 983% Aug. 17 101 Aug. 1 Aug. 17 102 Feb. Western Elec 1st 5s Dec 31 1922 J - J 24,000 100 101 102 983% 3 101% 10234 1013% Aug. 22 1023% Aug. 8 looq Jan. 5 102%1 July 28 Westingh El & M con s f 5s 1931 J J 114,000 92% Sale 95% Sale 93 9334 923% Aug. 26 Aug. 1 Coal and Iron Bonds. 953% 913% Jan. 141 953% June 22 Buff & Susq I s f 5s 1932 J -D 66 97% 97% 963% Jan. 111 97 Feb. 27 Deb 5s Jan 1926 NI - S 88 90 89 May 23 90 Apr. Col Fuel dr I Co gen s f g 5s 1943 F - A 1,000 98 100 25 10035 109% 100 Aug. 15 100 Aug. 15 9735 Jan. 20 1023% July 19 Col Fuel Co gen gold 6s_ _1919 M - N 107% 107% 107% Col Indus 1st coll tr5s gu1934 F - A 58,000 7034 1 Sale 77% Sale 73 73% 73 Aug. 12 77% Aug. 1 73 Aug. 121 793% Feb. 1 Consol Ind Coal 1st 5s_ _ _ _1935 J -D 85% 8534 Consol Coal of Md lst&ref 5s'50 J -D 9534 85 June 1! 85 June 1 95% 96 June 27 97 June 24 Pocahon Con Coll 1st s f 5s 1957 J - J 85 86 8535 StL Rock Mtn dr Pac 1st 5s 1955 J 84 Apr. 13 85 Apr. 7 J 83 83 82 July 12 86 May 11 Tenn C I & RR gen 58...1951 J - J 54,000 1038 Sale 104% 106 10334 Sale 10254 Aug. 31 103/7 Aug. 24 Birm Div 1st cons 6s_ _ _ _1017 J - J 10234 Aug. 311043% Feb. 24 1,000 1043% 106 106 10384 104% 10434 Aug. 7 1043% Aug. 19 Feb. Tenn Div 1st g 6s_ _JanJan 1917 A - 104% 1043% 1 106 Apr. 28 106 106 1043/s July May 26 Cah C M Co 1st gu g 6s_ _1922 J -D 107 107 110 106 110 19i10534 Fuel 1st s f 58 1953 J Victor -J 86 87% 873% 87 Ira Ir Coal & Coke 1st g 5s_1949 M - S 953% Mch. 23 8835 Mch. 22 7,000 9434 98 Sale 9534 9734 96% Aug. 7 98 Aug. 1 9134 Apr. 28 98 July 27 1 basis of $5 to the a On the £ sterling. b On the basis of four marks to one dollar. c 1st installment paid. d Full paid. Second paid. s Option sales. y Coupon on. z Flat price. e installment

STOCKS-PRICES AND SALES FOR AUGUST AND THE YEAR TO DATE. basis of -share Prices are on 100 lots. • Exceptions of stocks which sell only in a small way are noted by the letter a. Option sales are disregarded* SALES TO SEPT.1 PRICES IN AUGUST. RANGE SINCE JAN. 1. STOCKS. Price about Sales in Since Jan. 3 I STOCK EXCHANGE August. Jan. 1. N 1, 1911. Aug. 1. Aug. 31. Lowest. Highest. Lowest. Highest. Par Shares. Shares. Bid. Bid. Ask. Ask.Bid. Ask. Sale Prices. Sale Prices. Sale Prices. Sale Prices. Atchison Top & h Fe_ _100 360,960 1,938,380 101 Sale 112 Sale 103%8 Sale 10251 Aug. 12 112 5,250 Aug. 1 100%8 Jan. 3 1165% June 5 Preferred 100 44,700 100% Sale 103 Sale 101% Sale 101 Aug. 24 Aug. 10 &Gan Coast Line ItR_ _100 12,465 67,225 117 10334 100% Jan. 3 10534 June 12 Sale 13034 Sale al2034Sale 12034 Aug. 26 1303 Aug. 1 117 Jan. 3 13234 July Baltimore & Ohio. ___ _100 43,945 228,020 105% Sale x105%Sale 22 1003% Sale 9951 Aug. 26 x105% Aug. 1 99%3 Aug. 26 109%3 July 22 Preferred 100 321 5,939 89 91 x87 883% 85 87 8534 Aug. 30 Transit _100 69,050 687,777 87 Aug. 3 853-4 Aug. 30 91 Jan. 4 Brooklyn Rap 75 Sale 81%5 Sale 753% Sale 7434 Aug. 12 813% Aug. 1 7434 Buff Roch & Pitts. .__100 791 102 108 110 Aug. 12 843-4 July 20 120 z10734 120 108 Jan. 27 126 Feb. 8 Preferred 100 125 140 130 150 z129 150 Canadian Pacific 100 239,423 973,386 195% Sale 244%3 Sale 2303% Sale 227% Aug. 30 244%3 Aug. 1 195%0 Jan. 3 247 July 21 Canada Southern 100 385 62 70% 66 7251 7231 New Jersey.100 425 3,165 62 Mch. 3 68 May 12 Central of 260 280 275 280 260 280 260 Aug. 24 280 Aug. 2 260 Aug. 24 285 Chesapeake dr Ohio_ _ _100 127,520 822,215 80% Sale %8 Feb. 25 81 Sale 7151 Sale 703-4 Aug. 31 81%3 Aug. 1 703% Aug. 31 86%3 Feb. 8 Chicago & Alton RR. 100 380 2,030 24 30 20 30 15 25 15 Aug. 100 150 28 25 Aug. 8 15 Aug. 28 31 % May 23 Preferred 760 6635 40 50 30 40 40 Aug. 30 40 Aug. 30 40 Aug. 30 53 hlc Gt West tr Ws_ _.100 10,040 60,362 21% Sale 22 Jan. 19 Sale 18 18% 1734 Aug. 30 22 Aug. 1 1734 Aug. 30 253% June 5 Preferred trust ctfs_100 5,230 32,705 4535 Sale a44 Sale 37 Sale 3634 Aug. 30 4434 Aug. 2 St Paul_ 100 272,290 363-4 Aug. 30 401 Feb. 6 Chic Milw & 1,329,710 123% Sale 12734 Sale z11335Sale z111.34Aug. 26 127% Aug. 1 1113% Aug. 26 Preferred 100 1,062 17,049 147 Sale 133 Feb. 153 154 146 Sale 146 Aug. 25 153 Aug. 4 146 Aug. 25 155 Feb. 6 Chicago & North West_100 10,344 89,145 142% Sale 14734 Sale 140 141 139%7 Aug. 30 14734 Aug. 1 Preferred 100 1,463 1393% Aug. 30 15034 June 12 2,506 180 210 200 205 195 201 197 Aug. 30 20134 Aug. 9 197 Aug. Chic St Paul M & 0__ _100 300 3,525 135 145 30 a209 Jan. 7 138 145 z132 133 z132 Aug. 10 132 Aug. 1113034 Apr. 20 144 June 12 Preferred 100 820 160 175 155 165 z145 155 Chic Union 'Fraction_ _100 152 Feb. 18 157 July 7 'Fr Co ctfs, asst paid 100 700 4,550 3 3% 2%3 3 1% 334 2 Aug. 23 231 Aug. 3 2 Apr. 7 38 Feb. 6 Pref do do do 100 300 1,600 6 8 531 634 3 7 5 Aug. & L. 23 6 Aug. 3 5 June 2 731 Feb. 6 Clev Cin Chic St _100 800 6,430 65% Sale 57 58 48 58 51 Aug. 25 57 Aug. 2 51 Preferred • 100 100 700 Aug. 25 66 Jan. 18 9748 100 9434 100 90 100 9434 Aug. 22 943% Aug. 22 9434 July 8 08 Feb. 1 Cleve & Pitts guar_ _ _ - 50 50 167 167 Colorado & Southern..100 3,385 22,172 a16635 Apr.28 a1663% Apr.28 56% Sale a5434 Sale 47 52 48 Aug. 26 5434 Aug. 2 48 Aug. 26 60 Jan. 18 First preferred 100 985 11,812 76 Sale 82 8235 a80 Sale 7734 Aug. Second preferred__ _100 100 1,824 24 82 Aug. 2 74% Mch. 27 82 June 30 73 76 75 80 70 72 75 Aug. 8 75 Aug. 8 7334 Jan. Mch. 2 Delaware & Hudson_..100 3,695 32,633 164% 11 7554 Sale 1713% 172 161 165 164 Aug. 25 17131 Aug. 3 164 Aug. 25 1743% June 8 Del Lack & Western 50 1,300 5,034 x500 575 538 Sale 520 540 530 Rio Grande. Aug. 29 545 Aug. 10 510 Feb. 9 560 June 5 Denver & 100 7,135 79,430 28% Sale 28 Sale 223-4 Sale 2234 Aug. 31 28 Preferred 100 7,481 91,967 Aug. 1 223-4 Aug. 31 35 Feb. 21 67 6935 57 Sale 51 Sale 5031 Aug. 28 57 Aug. 1 50% Aug. 28 74 Feb. 21 Des Moines & Ft D_ 100 100 400 434 13 534 15 5 5/8.1 Aug. 28 5%3 %3 Detroit & Mackinac__ _100 100 Aug. 28 5 Aug. 28 634 June 2 520 8234 90 120 110 120 Aug. 23 120 Aug. 23 100 May 25 al20% July 21 Preferred 100 120 320 92% 100 120 110 a120 Aug. 16 al20 Detroit United Ry_ _ _ _100 150 Aug. 23 100 May 25 a120 Aug. 23 2,316 67 70 69 74 65 70 67 Aug. 26 67 Aug. 26 67 Aug. 26 74 Feb. 7 Duluth S S& Atlantic_100 1,225 10,424 10% 12 10 15 934 11 9 Preferred Aug. 5 11 Aug. 4 934 Aug. 5 155% Mch. 30 100 1,800 30,511 a22 Sale 20 2634 20 Sale 1984 Aug. 17 24 Aug. Erie 100 245,800 1,498,091 2 193% Aug. 17 305-4 Arch. 30 27% Sale 3631 Sale 2834 Sale 273% Aug. 30 3631 Aug. 1 Jan. 11 383 July 1 First preferred _ _ __100 61,590 320,459 45 46% 5634 2731 % Sale 4831 Sale 473.4 Aug. 25 5634 Aug. 1 453% Jan. 12 6131 July 1 Second preferred_ _ _100 5,395 69,750 34 35% 4534 47 40 39 Aug. 12 Evansville & Terre H 50 413% 4534 Aug. 2 35 Jan. 9 4931 July 1 1,400 6,265 58 62 83 88 z75 85 8234 Aug. 8 8234 Aug. Feb. 1 88 Preferred 50 1,123 9 60 July 17 70 85 90 100 z75 100 85 May 25 00 July 24 Great Northern, pref_ _100 169,870 849,497 123% Sale 13434 Sale 12234 Sale Aug. Iron ore properties 12034 26 1343-4 Aug. 1 1203% Aug. 26 140 June 8 39,100 181,034 56% Sale 58 Sale 48 4834 4634 Aug. 12 58 Aug. 1 46% Aug. 12 G Bay & W deb ctfs A1000 34 7635 6331 Feb. 4 77 77 763% Feb. 7 78 Jan. 27 Deb certfs B 1000 37 564 13% 15 1334 1431 it 11% 11 Havana Aug. 28 1334 Aug. 4 11 Aug. 28 1531 Jan. 17 Electric Ry___100 1,960 88 94 95 9334 9334 Preferred 100 July 22 963-4 June 19 1,220 94% 93%8 Jan. 12 9834 Hocking Valley 100 1,650 123 134 135 June 30 Illinois 129 128 Mch. 24 134 Apr. 29 Central 100 12,000 52,208 132 Sale x143 Sale 138 137 Aug. Leased line 4% stock 100 13634 30 z14334 Aug. 2 132 Jan. 3 147 July 31 250 93 943% a94 Mch. 10a97 I,nterb-Met, vot tr ctfs_100 39,775 203,648 Sale %8 June 9 1934 1754 Sale 14 Sale 1334 Aug. 26 17%5 Aug. 1 133 Aug. 26 203-4 Feb. Preferred 100 33,375 353,119 5334 Sale 50 Sale Sale 10 Preferred vot tr 435% 4134 Aug. 17 50 Aug. 1 415.i Aug. 17 565-4 July 10 ctfs_100 2,200 16,010 4831 Sale 4034 Aug. 17 Iowa Central 100 3,750 31,060 49 Aug. 2 4034 Aug. 17 5534 July 19 18 Sale 19 Sale 1734 Sale 16 Aug. 30 19 Aug. 1 15 May 12 193% Preferred 100 4,910 36,050 32 Sale 363% Sale 33%0 35 Feb. 3 H C Ft S & M tr ctfs, 34 Aug. 10 37 Aug. 2 28 Apr. 24 37 Aug. 2 pref 200 1,884 73 77% 75 82 73 78 75 Aug. Kansas City Southern.100 12,450 104,765 7 75 Aug. 7 74 Apr. 8 76 May 4 32 Sale 34 Sale 273% 28 Aug. 28 343.4 Aug. 1 28 Aug. 28 Preferred 100 925 14,055 6434 Sale 6735 373% June 13 Keokuk 6834 64% 69 6534 Aug. 25 67 Aug. 4 643% Jan. 3 June & Des Moines_100 1,005 4 8 6 8 5 7 6931 13 Preferred 100 550 35 a6 June 27 73% May 24 45 40 50 40 50 :la td Men. 31 49 Itifnly 94

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis SEPT., 1911..1 STOCKS-STOCK EXCHANGE RECORD 33

SALES TO SEPT. 1 PRICES IN AUGUST. RANGE SINCE JAN. 1. STOC KS. Price about N 'V STOCK EXCHANGE Sales in Since Jan. 3 August. Jan. 1. 1911. Aug. 1. Aug. 31. Lowest. Highest. Lowest. Highest. Par Shares. Shares. Bid. Ask. Bid. Ask. Bid. Ask. Sale Prices. Sale Prices. Sale Prices. Sale Prices. Lake Erie & Western. 100 500 1,250 14 20 14 17 10 14 1234 Aug. 17 143.4 Aug. 9 1234 Aug. 17 163% June 16 Preferred 100 700 2,856 37 47 30 33 25 30 27 Aug. 10 30 Aug. 3 27 Aug. 10 40 Jan. 13 Lake Shore & Mich So 100 325 450 325 450 325 450 Lehigh Valley. 50 308,700 1,585,159 175% Sale 1763% Sale 157 Sale 15534 Aug. 31 17634 Aug. 1 15534 Aug. 31 181 A Feb. 3 Long Island 50 400 5,419 62 66 53 Sale 45 53 4978 Aug. 4 53 Aug. 1 493% Aug. 4 63 Jan. 16 Louisville & Nashville.100 22,080 140,660 144% Sale 15034 Sale 142 Sale 140%3 Aug. 26 15034 Aug. 1 1403% Aug. 26 15634 July 19 Manhattan Railway.. 100 2,880 14,993 138 140 138 142 134 137 13434 Aug. 16 13734 Aug. 7 134 Mch. 28 14234 July 19 Minneap & St Louis....100 2,395 38,377 25% Sale 3134 Sale 37 40 30 Aug. 11 37 Aug. 30 2134 Apr. 26 37 Aug. 30 Preferred 100 3,939 23,889 35 50 a46 Sale 82 Sale 44 Aug. 12 62 Aug. 31 35 Mch. 13 82 Aug. 31 M St P & S St M 100 13,525 172,171 130 131% 140 Sale 13034 Sale 130 Aug. 26 140 Aug. 1 130 Aug. 26 1523% Mch. 30 Preferred 100 400 7,556 145 149 152 156 145 150 149%3 Aug. 26 150 Aug. 9 147%3 Jan. 6 160 Arch. 30 Leased line certificates_ _ 30 5,906 89% 904 88 90 87 8934 a8834 Aug. 3a883,1 Aug. 3 8734 July 5 9034 Feb. 16 Mo Kansas & Texas_ 100 32,330 259,555 31% Sale 35%3 36 29 Sale 29 Aug. 31 3534 Aug. 1 29 Aug. 31 3834 June 14 Preferred 100 1,050 13,775 63 68 6734 6834 63 6534 6534 Aug. 28 6734 Aug. 2 0334 Jan. 16 69 June 10 Missouri Pacific 100 99,860 1,342,455 47% Sale 49 Sale 403,1 Sale 3934 Aug. 30 49 Aug. 1 3934 Aug. 30 63 Feb. 15 Morris & Essex 50 Nash Chatt & St Louis_100 250 2,786 136 143 155 160 143 155 146 Aug. 25 155 Aug. 3 14054 Jan. 19 160 June 14 Nat Rys of Mex pref._ _100 100 3,550 68 7134 65 67 z6134 66 z60 Aug. 23 60 Aug. 24 60 Aug. 24 72% Jan. 26 Second pref 100 3,700 42,927 3434 Sale 30 3034 2734 Sale 25%7 Aug. 28 3034 Aug. 8 253% Aug. 28 38% Feb. 15 N Y Cent & Hud Riv 100 82,870 607,991 111 Sale 10834 Sale 10334 Sale 10134 Aug. 25 10834 Aug. 1 10134 Aug. 25 1153. Feb. 3 N Y Chicago & St L 100 625 7,675 63 68 583% 5934 50 57 5234 Aug. 24 5834 Aug. 4 5234 Aug. 24 65 Jan. 19 First preferred 100 100 400 104 110 x10134 107 95 107 z100 Aug. 15 100 Aug. 15 100 Aug. 15 101% Mch. 20 Second preferred_ ..100 100 1,560 87 93 x8234 00 80 89 z8234 Aug. 25 8234 Aug. 25 8234 Aug. 25 90 Jan. 27 N Y N H & Hartford...100 7,410 36,321 150 Sale 140 Sale 13194 Sale 1313% Aug. 30 140 Aug. 1 13143 Aug. 30 151 4 Feb. 23 N Y Ontario & West...100 19,035 136,575 4034 42 4334 Sale 39 3934 383% Aug. 30 433% Aug. 1 3834 Aug. 30 46% July 22 Norfolk Southern 100 1,236 40 483% 453% 483% 47 July 6 60 Mch. 10 Norfolk Western 100 41,800 569,165 10034 Sale 108 Sale x10034Sale x10094 Aug.31 108 Aug. 1 x10034 Aug.31 1103% June 26 Pref (adjustment)..100 150 1,826 89 92 89 92 9034 Aug. 19 9054 Aug. 9 853% Apr. 18 913% June 8 Nor Ohio Trac & Lt...100 200 4,105 3934 Sale 493% x50 60 51 Aug. 8 5434 Aug. 15 3934 Jan. 3 5434 Aug. 15 Northern Pacific 100 328,115 1,626,797 11634 Sale 13134 Sale 1153% Sale 11434 Aug. 28 13134 Aug. 1 11434 Aug. 28 1373% June 8 Pacific Coast Co 100 400 98 105 95 105 95 105 100 Jan. 11 102 Jan. 10 First preferred 100 90 110 85 110 85 110 Second preferred...100 400 98 105 95 105 95 105 99% July 5 102 Jan. 11 Pennsylvania 50 169,041 1,143,288 1284 Sale 125 Sale z120,4Sale3 2119% Aug.25 125 Aug. 1 11934 Aug. 25 13034 Feb. 2 Peoria & Eastern 100 17 22 17 21 15 20 Pere Marquette 100 30 30 30 First preferred 100 65 Second preferred_ _ _100 38 38 38 Pitts Cin Chic & St L._100 3,500 36,425 96 99 06 98 913% Sale 913% Aug. 31 96,45 Aug. 3 913% Aug. 31 100 Jan. 17 Preferred 100 100 300 105 112 108 115 102 115 108 Aug. 11 108 Aug. 11 108 Aug. 11 112 Feb. 17 Pitts Ft Wayne & Chic.100 25 26,163 167 a167 Aug. 15a187 Aug. 15 al6634 June 8a167 Aug. 15 RR Securities, Ser A_1000 10 a93 June 29 a93 June 29 Reading Company.... 50 2,475,110 13,277,0601151 Sale 159 Sale 14134 Sale 13934 Aug. 26 159 Aug. 1 139% Aug. 26 1613% June 3 First preferred 50 740 15,4541 87% 91 9034 903% z89 90 z89 Aug. 25 90% Aug. 7 88 Mch. 1 92 July 14 Second preferred 50 2,200 23,4901 92 96 95 98 92 Sale 90% Aug. 10 96 Aug. 3 9034 Aug. 10 101 May 2 Rensselaer & Saratoga.100 203 1854 Rock Island Co 100 176,100 829,9851 29%7 Sale 313- Sale 2434 Sale 2434 Aug. 29 3134 Aug. 1 2434 Aug. 29 34% June 19 Preferred 100 51,310 123 738 60 Sale 6334 Sale 4834 Sale 47%3 Aug. 24 6354 Aug. 1 47%3 Aug. 24 6834 June 19 Rome Watert'n & Ogd_100 10 210 110 118 a11534 Aug.21 al1554 Aug.21 al1534 Aug. 21 121 Apr. 21 Rutland, preferred..__ _100 844 33 40 40 Feb. 24 41 May 22 St Joseph & Grand Is1.100 310 18 Jan. 26 21 Jan, 27 First preferred 100 614 50 Jan. 12 55 Feb. 2 Second preferred_....100 600 3934 Mch. 21 40 Jan. 27 St L & S F, 1st pref...100 2,550 11,202 60 65 67 69 61 65 60 Aug. 14 6634 Aug. 8 60 Aug. 14 693i July 27 Second preferred....100 18,300 113,621 383% Sale 4734 Sale 4034 Sale 40 Aug. 16 473,1 Aug. 1 38 Apr. 22 4934 July 19 C & E III stk ctfs__100 100 100 150 135 180 128 180 145 Feb. 16 145 Feb. 16 4% stock tr etre _1000 25 333 50 80 56 6134 50 6134 54 Aug. 25 54 Aug. 25 54 Aug. 25 62 Feb. 23 St Louis Southwest...100 2,970 27,420 25 26 32% Sale 29% 32% 283% Aug. 8 3234 Aug. 1 24 Jan. 13 34 Feb. 4 Preferred 100 4,200 36,000 59%3 Sale 89% Sale 68 723 66 Aug. 26 70 Aug. 5 5948 Jan. 3 72 June 27 Southern Pacific Co_ _ _100 394,480 1,608,058 r1144 Sale 12254 Sale 10834 Sale 1073% Aug. 30 12234 Aug. 1 1073,1 Aug. 30 126% June 26 Southern vot tr ctfs_k_100 130,700 734,812 26% Sale 32 Sale 264 Sale 654 Aug. 28 32 Aug. 1 2534 Mch. 4 3334 July 22 Preferred do do_ _100 17,670 162,970 62 Sale 73 Sale 6734 Sale 66% Aug. 30 73 Aug. 1 6134 Jan. 11 753,1 July 20 M & 0 stock trust certs 70 85 8134 88 813/ 88 Texas & Pacific 100 11,800 99,080 2534 Sale 2834 Sale 239 Sale 2234 Aug. 26 2834 Aug. 1 2234 Aug. 26 30% Feb. 21 Third Avenue (N Y) 100 7,535 61,800 104 Sale 10 11 734 8 7%3 Aug. 25 1034 Aug. 7 7%3 Aug. 25 1434 June 9 Toledo Rys & Light _ 100 300 5,300 8 Sale 634 734 5 7 6% Aug. 8 634 Aug. 16 634 Aug. 8 834 Jan. 17 Toledo St Louis & W 100 4,590 56,310 233% Sale 20 2134 17 18 1734 Aug. 30 2034 Aug. 3 17% Aug. 30 24% Feb. 8 Preferred 100 9,500 72,054 53 Sale 47%3 Sale 39,47 Sale 38 Aug. 26 47%3 Aug. 1 38 Aug. 26 53% Jan. 5 Twin City Rapid Tran_100 1,400 14,857 107 10834 108 110 10434 108 10534 Aug. 12 108 Aug. 17 10534 Aug. 12 111 Feb. 2 Preferred 100 13234 145 13234 145 Union Pacific 100 3,088,520 9,270,320 170% Sale 189%3 Sale 1674 Sale 16534 Aug. 30 189%3 Aug. 1 16534 Aug. 30 192%3 July 22 Preferred 100 6,821 79,315 93 Sale 9434 Sale 92 Sale 90 Aug. 25 9454 Aug. 1 90 Aug. 25 96 July 24 United Itys Inv of S F_100 1,400 58,834 31% Sale 36 38 33 Sale 3134 Aug. 16 36%3 Aug. 7 3134 Aug. 16 49 Feb. 20 Preferred 100 1,000 50,811 60% Sale 6634 6934 60 5954 Aug. 30 6434 Aug. 8 5954 Aug. 30 7634 Mch. 22 Virginia Ry & Power 100 400 4,650 38 Aug. 10 3834 Aug. 5 38 Aug. 10 45 Apr. 24 Preferred 100 550 690 773,14 7834 7854 Aug. 5 7834 Aug. 10 7834 Aug. 5 a83 Apr. 23 Wabash 100 10,475 80,227 15% 16% 1534 Sale 1334 Sale 1354 Aug. 30 1534 Aug. 1 1354 Aug. 30 18% Feb. 23 Preferred 100 16,100 240,636 35 Sale 34 Sale 2834 2934 28%3 Aug. 12 34 Aug. 1 28% Aug. 12 40% Feb. 23 Western Maryland Ity_100 16,725 146,545 51 Sale 81%7 Sale 57 Sale 5634 Aug. 12 62 Aug. 1 487% Apr. 18 66 July 8 Preferred 100 100 8,468 75 77 8534 Sale 77 80 , 87 Aug. 1 8534 Aug. 1 75 Jan. 14 88% July 24 Wheeling & Lake Erie.100 2,400 18,975 4% 6 3 3 % 2% 3 258 Aug. 25 3% Aug. 11 2% Aug. 25 6 Feb. 21 First preferred 100 300 11,325 13% Sale 7 9 7 9 7A Aug. 18 834 Aug. 2 734 July 27 1734 Feb. 3 Second preferred.._ _100 650 10,030 5 7 a4 Sale 3 334 3 Aug. 23 4 Aug. 3 3 Aug. 23 8 Feb. 7 Wisconsin Central_ _ _ _100 16,125 67,886 57 Sale 65 69 51 54 51 Aug. 12 67 Aug. 2 51 Aug. 12 7234 May 1 Industrial & Miscellaneous Adams Express 100 52 564 220 245 230 239 210 225 a215 Aug. 26 a238 Aug. 4 a215 Aug. 26 a245 Apr. 7 Allis-Chalmers 100 2,500 15,130 8 Sale 8 834 6% 734 6 Aug. 3 8 Aug. 2 6 Aug. 3 93% May 31 Preferred 100 7,200 31,285 24 29 28%5 Sale 49 51 17 Aug. 24 28% Aug. 1 17 Aug. 24 34 Feb. 3 Amalgamated Copper.. 100 382,495 1,937,270 61% Sale 8734 Sale 574 Sale 567A Aug. 26 67% Aug. 1 5647 Aug. 26 7134 June 19 Amer Agricul Chem...100 8,350 137,650 46 Sale 5834 5934 a51 Sale 503% Aug. 25 6034 Aug. 2 46 Jan. 3 6034 May id Preferred 100 800 84 10834 10134 110 101%8 Jan. 27 103 Feb. 9 American Beet Sugar_ _100 101,900 670,149 42% Sale 5434 Sale 50 Sale 48 Aug. 26 5434 Aug. 1 39%3 Jan. 12 56% June 12 Preferred 100 590 4,775 91% 95 97 101 06 Sale 9534 Aug. 28 98 Aug. 16 9234 Jan. 9 10034 June 19 Am Brake Shoe & Foun100 4,825 90% Sale 9234 9494 90 94 90 Jan. 6 97 Feb. 27 Preferred 100 300 3,888 127% 130% 1323/ Sale 128 133 13134 Aug. 2 133 Aug. 8 12834 Jan. 5 138 Feb. 23 American Can 100 18,000 203,459 9 Sale 115, Sale 934 1034 9 Aug. 12 1154 Aug. 1 83,1 Jan. 6 123% May 9 Preferred 100 33,700 285,006 77% Sale 8734 Sale 84 Sale 81% Aug. 17 8754 Aug. 1 77 Jan. 5 883% May 23 Amer Car & Foundry_ _100 24,175 136,515 50% Sale 56% Sale 489,1 Sale 48 Aug. 30 56% Aug. 1 48Aug. 30 58% July 19 Preferred 100 1,200 8,269 115 Sale 116% 118% 115 Sale 115 Aug. 3111734 Aug. 5 114% Mch. 13 120 May 23 American Cotton 011...100 17,910 210,202 59 Sale 5634 Sale 52 Sale 5034 Aug. 28 57 Aug. 2 4934 May 22 6234 Feb. 28 Preferred 100 236 2,695 99 102 99 103 100 Aug. 2 10034 Aug. 12 100 May 26 10534 Feb. 16 American Express..__ _100 551 3,928 220 240 a2323.4 Sale x211 218 a210 Aug. 16 a23234 Aug. 1 a210 Aug. 16 a255 Jan. 27 Amer Hide & Leather.100 630 10,358 44 Sale 43% Sale 33.4 43,4 4 Aug. 22 43% Aug. 1 33% Jan. 25 5 June 17 Preferred 100 2,400 16,725 22% Sale 2434 Sale 20 2134 20 Aug. 24 243% Aug. 1 20 Jan. 10 2634 June 19 Amer Ice Securities_ 100 11,025 89,210 17% 18% 23 Sale 174 18 1634 Aug. 28 23 Aug. 1 1634 Aug. 28 25%3 July 11 American Linseed -100 1,700 11,805 11 12% 103,1 1154 854 1054 8 Aug. 11 1034 Aug. 8 8 Aug. 11 12%3 Feb. 14 Preferred 100 1,100 12,710 31% Sale 3054 Sale 2734 30 274 Aug. 14 3034 Aug. 1 273% Aug. 14 34 Feb. 14 American Locomotive.100 11,750 67,750 38).4 Sale 40 Sale 3454 Sale 3434 Aug. 30 40 Aug. 1 3434 Aug. 30 4334 May 22 Preferred 100 875 6,533 108 Sale 105 110 1043,1 106 104 Aug. 10 106 Aug. 5 104 Apr. 22 110%3 Mch. 1 American Malt Corp._.100 400 6,444 3% 534 43,4 53,1 4 5 4 Aug. 10 43,1 Aug. 21 33% Feb. 17 5% June 21 Preferred 100 2,850 19,838 353% Sale 41 43 38 40 38 Aug. 10 4154 Aug. 3 3134 Mch. 8 433% July 22 Am Smelt Sec, pref B._100 800 13,460 86% Sale 88 '89 84% Sale 847% Aug. 31 8834 Aug. 3 847% Aug. 31 8936 July 19 Amer Smelt & Rein_ 100 245,995 1,225,734 7334 Sale 7934 Sale 6854 Sale 673% Aug. 26 793,1 Aug. 1 67% Aug. 26 83 June 16 Preferred 100 4,225 40,543 103% Sale 106 107 104 104% 10434 Aug. 12 106 Aug. 3 10334 Jan. 3 10854 June li American Snuff 100 710 260 300 250 200 300 250 June 2325 May 23 Preferred 100 400 2,854 100 101 97 98 90 101 96 Aug. 18 9734 Aug. 4 96 Aug. 18 104 May 8 Amer Steel Foundries..100 3,450 36,005 44 Sale 3834 39 32 Sale 32 Aug. 30 39 Aug. 3 32 Aug. 30 523% Feb. 2 American Sugar Refin_100 5,850 72,734 115 Sale 1185,1 120 all° Sale 113 Aug. 12 11854 Aug. 2 113 Jan. 61223% Feb. 2'7 Preferred, new 100 1,270 9,918 112 115 116 11954 11534 118 115 Aug. 16 118 Aug. 5 111 Jan. 5 11934 Feb. 19 Amer Teleg & Cable....100 500 2,926 78 84 7994 Sale 7994 Aug. 1 80 Aug. 2 a78 July 31 853% Jan. 11 Amer Teleph & Teleg_ _100 45,725 467,948 140% Sale 13634 Sale 13334 Sale 13154 Aug. 30 13654 Aug. 1 1313% Aug. 30 15354 June 1 Rights 97,429 241,007 634 Sale 53,1 Aug. 306 7-16 Aug. 1 53,1 Aug. 30 75,1 June 2( Amer Tob (new), pref_100 19,891 75,995 93- 94 06 Sale 92 Sale 87 Aug. 24 9634 Aug. 3 87 Aug. 24 102 May 11 American Woolen 100 1,595 60,321 30% Sale 3134 32% 26 29 28 Aug. 28 30 Aug. 8 28 Aug. 28 363% Mch. 21 Preferred 100 2,537 44,493 91% Sale 91 9234 87 91 873% Aug. 30 9154 Aug. 3 863% Mch. 29 9634 June 11 Am Writine Paper, pf_100 1,600 25,202 2934 Sale 26 28 2734 Aug. 12 2934 Aug. 1 2734 Aug. 12 344 Feb. i Anaconda Conner _ 25 11,400 68.650 $387.4 Sale sRRII, Snlo it:141,K Sale 28/. Aim,. 28 218 1,4 A.ne 1 133 3/. Ana% 28 41362 June 1:',3

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis 34 STOCKS-STOCK EXCHANGE RECORD [VoL. Lxxxxm.

SALES TO SEPT!. STOCKS. PRICES IN AUGUST. 1 RANGE SINCE JAN. 1. Price about N Y STOCK EXCHANGE Sales in Since Jan. 3 August. Jan. 1. 1911. Aug. 1. Aug. 31. Lowest. Highest. Lowest. Highest. Par Shares. Shares. Bid. Ask. Bid. Ask. Bid. Ask. Sale Prices. Sale Prices. Associated Oil 100 400 8,900 Sale Prices. Sale Prices. 45 52 54 52 50 Aug. 16 62 Aug. 9 48 Mch. 24 55% Apr. 12 Batopilas Mining 20 1,300 7,934 $2 4 51% 1%5 51% Sale 513% Aug. 25 51% Bethlehem Steel Corp_ 100 43,600 Aug. 2 51% Aug. 25 52% Jan. 27 131,070 29 29% 38 Sale 29% Sale 283% Aug. 30 38% Aug. 1 28% Preferred 100 10,475 56,375 Aug. 30 38% Aug. 1 59 Sale 663/i Sale 58% 60 58% Aug. 10 6634 Aug. 1 58% Aug. 10 July Brooklyn Union Gas _100 850 20,333 135 Sale 143% Sale 133 133 Brunsw'kTerm&RySec100 138 Aug. 30 145%, Aug. 2 133 Aug. 30 145%6 % jJJuneuune 381 400 7,425 8%3 10 8 10 8 8% Aug. 21 Aug. Butterick 100 8% 83/3 21 8% Aug. 21 10% Feb. 15 200 4,935 28 30 29 30 28% 30% 29% Aug. 14 29% Aug. 2 28 Feb. Ventral Leather 100 18,825 209,650 16 31 Mch. 30 31% Sale 29% Sale 23% Sale 23 Aug. 26 2934 Aug. 1 23 Aug. 26 33% Feb. 2 Preferred 100 3,000 30,247 104 Sale 99/s7 Sale 95 Sale 95 Aug. 28 99% Aug. Sent & So Amer 1 95 Aug. 28 105 Feb. 10 Teleg_100 10 444al22 118% 120 115 118 a119% Aug. 4a119% Aug. 4 all6 Jan. Chino Copper 5 44,250 175,790$25%30 Mch. 30 522% Sale 518% Sale 517% Aug. 26 522% Aug. 1 51734 Aug. 26 May 19 folorado Fuel & 11,400 95,885 31 Sale 33 Sale 27% Preferred 30 273/3 Aug. 17 33% Aug. 2 273/3 Aug. 17 36% Feb. 6 100 100 860 110% 117 110 112 109 110 Aug. 5 110 Aug. 5 110 Mch. 23 112 fol Sr Hock Coal & Iron100 1,600 May 25 4 5 • 2 Mch. 3 4% Feb. 8 Trust Co certs full paid_ 100 60015 12 18 12% fomstock 15 1434 Aug. 3 145% Aug. 3 12 Apr. 21 July 13 Tunnel 2 1,000 87,990 20c. Aug. 17 20e. Aug. 17 20e. Feb. 1st income 4s $40,000 23 34e. May 22 Consolidated Gas N Y_100 58,726 521,878 16 June 1 18% Apr. 6 135% Sale 145%3 Sale z133%5 Sale z132%Aug. 26 145% Aug. 1 1323/3 Aug. 26 14185% yi, Junee 176 Corn Products Refin_ _100 10,525 87,931 14% 15 14% Sale 12% Sale 12% Aug. 14 14% Preferred 100 2,788 26,890 Aug. 1 12% Aug. 14 78 Sale 81% 82% 78 80 769-4 Aug. 14 82 Aug. 3 74% Jan. 10 85 May 29 'rex Carpet 100 2,102 57 67 70 80 65 80 Cuban-Amer Sugar_ _ _ _100 1,300 60 Jan. 26 75 July 25 36 39 38 45 38 45 35 Feb. 2 42 July 20 Preferred 100 2,700 88 915% 89 92% 89 92% Detroit Edison 100 1,215 88 Jan. 19 93% May 16 110 122 Aug. 10 122 Aug. 10 Distillers' Secur Corp_ ..100 13,045 115,548 33 107% Jan. 5 122 Aug. 10 34 35% Sale 30% 32 30 Aug. 30 353/3 Aug. 1 30 Aug. 30 38% Meth 1 El du Pont Pow pref....100 2,731 99 99 Federal Min & Smelt_ _100 100 82 Jan. 18 97 May 20 8,550 12 20 28 35 12 30 28% Aug. 4 28% Aug. 4 17%3 Jan. 28 Preferred 100 300 13,586 45% 55 36 Feb. 16 64% 67 z50 63% 60% Aug. 10 64% Aug. 3 483/3 Jan. 11 665% May 19 Federal Sugar Refining 100 2,0:18 12 35 35 Preferred 100 10 Jan. 19 46 Meh. 16 General 230 a90 Aug. 29 a90 Aug. 29 a90 Aug. 29 a90 Aug. 29 Chemical 100 3,881 95 102 125 133 z124 131 x128%Aug.3 22 132% Aug. 10 a100 Preferred 100 290 4,464 101% Jan. 19 135 Feb. 16 104% 107 109 106 108% 107 Aug. 24 107 Aug. 24 103% Jan. 10 108 Apr. 5 General Electric 100 22,670 169,069 151% Sale 162% Sale 153 Sale Aug. Gen Motors yot tr ctfs_100 4,720 4,720 15034 Aug. 26 162% 2 x145% Mch. 3 168% May 29 42% Sale 42% Aug. 31 51% Aug. 4 42% Aug. 31 51% Aug. 4 Preferred vot tr ctfs_100 2,050 2,050 80% 84 Goldfield Consol Mines_ 10 28,700 81 Aug. 30 86% Aug. 5 81 Aug. 30 86% Aug. 5 396,113 57% Sale 55% Sale 55% Sale 55% Aug. 26 55% Aug. 1 Homestake Mining_ _ _ _100 110 1,814 84% 553% Aug. 26 $7% Jan. 3 88 82% 85 z82% 87 83% Aug. 10 83% Aug. 10 8334 July 3 a87 May 26 Internat Harvester.... _.i00 35,935 187,643 109 Sale 122 124 Preferred 1,340 106% Sale 103% Aug. 30 122 Aug. 2 103% Aug. 30 129 May 8 100 21,300 122% Sale 124 125 z120 Sale 31124% Int Mer Mar stk tr ctfs_100 600 12,187 43% z120 Aug. Aug. 4 120 Aug. 31 128% May 4 4% 4% 4% 4 4% 4 Aug. 10 4% Aug. 4 4 Aug. 10 Preferred 100 5,430 51,745 15% 5% Jan. 30 Sale 17 Sale 14 15 14 Aug. 30 1643 Aug. 3 14 Aug. 30 19% June 17 International Paper.._ _100 3,050 42,705 12% Sale 11 11% 10 Preferred 100 3,230 11 10 Aug. 16 11 Aug. 21 9r Apr. 27 13% Jan. 31 45,083 54 Sale 48% Sale 46 '48 46 Aug. 10 48% Aug. 1 446 May 15 56% Internat Steam Pump..100 7,970 79,615 40% Sale Jan. 17 40% 40% 32 32% 32% Aug. 12 40% Aug. 2 3234 Aug. 12 44 Feb. 8 Preferred 100 540 23,997 85% Sale a88%, Sale 83 Lackawanna Steel 292 87 87 Aug. 10 87% Aug. 8 843/3 Jan. 26 90% June 12 _ _ _100 1,716 35 42 37% 40 35 40 35 Aug. Laclede Gas (St. Louls)100 10,410 261,921 30 3734 Aug. 3 35 Aug. 30 48 Apr. 12 106 Sale 106% Sale 104% Sale 102% Aug. 12 1063/3 Aug. 1 102 Apr. 24 114% Jan. Preferred 100 80 102 20 Mackay Companies_ _100 1,890 11,380 89 93 86 Sale Preferred 82% 85 83 Aug. 15 86 Aug. 1 83 Aug. 15 95 Feb. 2 100 690 12,133 745% 75% 74 Sale 72 Sale May Dept Stores 5,300 72 Aug. 11 74% Aug. 2 72 Aug. 11 77 Mch. 7 100 29,055 79% Sale 75% 78% 73% Aug. 10 87 Preferred 100 745 80 Aug. 1 70 Apr. 28 June 26 113 113% 111 113% 112 June 2 113% July 6 Miami Copper 5 19,650 88,279 $2143 Sale $19% Sale National Biscuit 100 3,920 18/s5 Aug. 28521% Aug. 1 518% Apr. 18522% June 26 65,930 118% Sale 133 134 a130 Sale 129% Aug. 30 134% Aug. 17 117% Jan. 16 141 Apr. 4 Preferred 100 800 9,984 125 Sale 128 129% z127% Nat Enamel & Stamp..100 1,800 129 z127%Aug. 18 128% Aug. 29 124 Jan. 20 130 Feb. 4 24,250 16 17% 20 21 16 17% 16% Aug. 22 19 Aug. 3 16% May 29 22 July 24 Preferred 100 1,900 7,616 80 86 98 100 95 National Lead 10,640 Sale 93 Aug. 16 98% Aug. 2 85 Jan. 6 100%3 July 22 100 89,150 54 56 55 56 48% 49% 48% Aug. 24 55% Aug. 24 59 Preferred 100 1,185 8,157 104 Aug. 4 4834 Feb. 4 108 a108%Sale z108 Sale z108 Aug. 23 109% Aug. 15 105% Meth 24 109% Aug. 15 Nevada Consol Copper_ 5 30,985 182,871 518% Sale $19 Sale 517% Sale New York 516% Aug. 26 519 Aug. 1 516% Aug. 26 521% June 15 Air Brake.. 100 1,810 7,115 70% Sale 70 74 63 67 643/3 Aug. New York Dock 100 200 29 70 Aug. 7 643/3 Aug. 29 76 Feb. 4 35 25 25 24% June 21 25 Feb. 16 Preferred 100 17 65 68 66 66 No Amer Co new stock..100 5,550 a66 Apr. 25 a66 Apr. 25 59,420 65 Sale 73 74% 68% 69% Aug. 28 72% 64 Jan. 10 Ontario Silver Mining_ 100 3,160 13 Aug. 8 76% May 18 2% 1% 2% 1q, 2% 1% May 16 1% Feb. 28 Pacific Mail SS 100 16,100 58,905 27% 29 30% Sale 28 Pacific Telep & Teleg_ ..100 10,745 Sale 27%3 Aug. 30 31 Aug. 3 23% Apr. 24 31% July 31 132,422 44 Sale 47 Sale 38% Sale Aug. 12 47 Preferred 100 100 1,363 90 373% Aug. 1 3743 Aug. 12 54% Jan. 31 99 110 60 100 96 Aug. 30 96 Aug. 30 a95 Jan. 24 99% Mch. 10 People's Gas L & Coke_100 6,915 84,335 105% Sale 106% Sale Philadelphia Co (Pitts) 50 10 z102%Sale z101%Aug. 25 106% Aug. 1 101% Aug. 25 109 Jan. 19 43,212 x100% Sale a104% Pittsburgh Coal of N J..100 7,900 92,330 17% Aug. 17 a104%Aug.17 x100% Jan. 3 118% June 3 Sale 20% Sale 18 Sale 17% Aug. 28 20% Aug. 1 17% Jan. 3 23% June 5 Preferred 100 20,125 148,284 66% 70 89% Sale Pittsburgh Steel pref ..100 100 80 81% 78% Aug. 28 89% Aug. 1 67% Jan. 4 90% July 26 2,380 102% 103 104 103% Pressed Steel Car 100 5,545 46,420 30 Aug. 2 103% Aug. 2 103 Apr. 13 106 June 7 Sale a3634 Sale 30 31 30 Aug. 26 36% Aug. 2 30 Aug. 26 37%5 July 21 Preferred 100 665 10,140 92 Sale 102%, Sale Pub Serv Corp of J....100 200 z97 100 z97 Aug. 24 102%3 Aug. 1 92% Jan. 3 102% June 16 N 16,825 115 117% 110 117 115 Aug. 10 Pullman Company..__ _100 3,403 25,311 116 Aug. 4 115 Aug 10 120 Feb. 7 159 Sale 159% 161% 156 Sale 155% Aug. 28 160% Aug. 4 155% Aug. 28 163 Jan. 30 Quicksilver _ _100 300 3,400 2% 3 2 Preferred 3 2% Aug. 9 2% Aug. 7 2 Apr. 28 3 July 18 100 100 1,700 11 0 243 5% 4 5 Railway Steel Spring....100 6,965 39,900 4% Aug. 29 4% Aug. 29 2% June 26 5% July 19 32 33 36% 38 29 31 30 Aug. 26 Aug. 31 30 Aug. 26 39 Preferred 100 350 8,242 92 Sale 36% June 14 100 103 100 105 100% Aug. 26 101% Aug. 10 92 Jan. 3 103 June 15 Ray Consol Copper_ _10 22,810 85,910 $17 Sale Republic $13% Sale 513% Aug. 26 $17 Aug. 1 513%6 Aug. 26 518% May 18 Iron & Steel..100 24,145 135,445 30 31 29% Sale 26 2445 Aug. Preferred 100 7,920 Sale 24% Aug. 26 29% Aug. 1 26 35% Feb. 6 49,164 91% 93 94% Sale 88% 90 88% Aug. 30 94% Aug. 2 88% Aug. 30 99% Sears, Roebuck & Co_ ..100 100 13,414 185 Feb. 1 Sale 140 Aug. 10 137% Aug. 10 136% May 26 192 Feb. 6 Preferred 100 2,030 119% 122 Sloss. Steel&I.100 1311861121%A 137 119% Jan. 13 x122 Mch. 15 -Sheffield 2,025 21,230 49% 50 49 52 38 Sale Preferred 100 1,175all036 Aug. 25 49 Aug. 4 36 Aug. 25 56% Feb. 6 112% 112 112 June 12 112 Feb. 15 South Porto Rico Sug_100 530 82 80 88 76 Preferred 100 61 85 82 Apr. 25 90 Jan. 7 2,031 109 113 107 105 110 all() Aug. all° Aug. 28 110 Feb. Standard Milling 100 100 904 28 1 113 Jan. 24 16% 17 13 17 15 Aug. 25 15 Aug. 25 15 Aug. 25 17% June 5 Preferred 100 200 990 Tennessee 51 Sale 47 53 51 Aug. 1 51% Aug. 4 50 July 27 52 June 21 Copper Co.._ 26 24,030 204,020 533%3 Sale $40% Sale $32 Texas Co (The) 100 24,567 Sale $30% Aug. 26 $4034 Aug. 1 530%3 Aug. 26 $44 June 13 56,783 135% Sale 110% Sale 86 Sale 84 Aug. Aug. 1 84 Texas Pac Land Trust _100 1,500 3,910 31110% Aug. 31 136% Feb 4 UnderwoodTypevfrit'r_100 88 915% 91 95 84 85 86 Aug. 18 90% Aug. 9 86 Aug. 18 92 Jan. 24 6,570 76,191 99% Sale 85 87 82 Preferred 100 871 11,049 Aug. 12 99% Aug. 1 63 Mch. 29 111 June 26 all4 Sale 109% 111 110% Aug. 25 113% Aug. 2 103 Melt. 31113% July 28 Union Bag & Paper_ ....100 2,750 11,045 8 9 6% Preferred 100 8 5% 7 5% Aug. 16 6% Aug. 10 5% Aug. 15 9 Feb 10 485 3,909 53 59 51 60 51 57% 54 Aug. 24 54 United Cigar Mfrs, pf_ _100 100 1,812 Aug. 9 58 Aug. 9 593/3 Jan 30 100 103 103 109 3101 109 101% Aug. 8 101% Aug. 8 101% Mch. 17 106% June 19 United Dry Goods Cos_100 740 15,237 100 102% 103% 105 101% Preferred 100 1,270 103 101% Aug. 30 103% Aug. 9 100% Jan. 27 108 June 20 12,515 102 102% 107 107%3 :102 105 z101%Aug. 28 107% Aug. 2 101% Aug. 28 107% July 7 U S Cast Iron Pipe & F.100 2,845 10,806 16 17 153 Sale 12% Preferred 100 4,332 % 13 13 Aug. 22 15% Aug. 1 13 Aug. 22 19 Feb 23 13,483 52 Sale 52 53% 46 Sale 46 Aug. 2 46 U S Express 100 887 3,513 Aug. 30 53% Aug. 30 61 Feb. 23 93 100 95 98 90 94 90 Aug. 9 95 Aug. 5 90 Aug. 9 a105 Jan. 27 U S Indust Alcohol.._ _ _100 175 24 28 Preferred 100 22 29 24 Aug. 2 24 Aug. 2 24 Aug. 2 30 May 26 20 2,748'05 __ 93 99% 85 96 U S Realty & Improv_100 4,100 28,545 a93% Aug. 26 a93% Aug. 26 91 May 20 a99% July 17 69 703/3 74 Sale 66 68 865% Aug. 28 74 Aug. 1 Jan. 25 79% May U S Reduc & Refining..100 1,400 45/3 7 1 655% 29 Preferred 4 2 4 3% Mch. 17 4% Jan. 13 100 600 14 17 17 2 U S Rubber 100 27,500 18 11% Apr. 20 14 July 7 290,729 37 375% 40% Sale 37 Sale 35% Aug. 405 Aug. Aug. 12 First preferred 100 3,532 28,142 111 12 % 1 35% 473/3 Mch. 1 Sale 113% Sale al09 Sale 108% Aug. 29 113% Aug. 1 108% Aug. 29 115% July Second preferred.... _100 1,125 16,610 72 76 7 United States Steel.. 7434 77% 70 76 72 Aug. 25 75 Aug. 4 72 Aug. 25 79 Mch. 1 _ __100 3,750,778 15,286,834 72 Sale 79% Sale Sale Preferred 100 45,120 212,899 703/ 69% Aug. 26 79% Aug. 1 69% Aug. 26 82% FFeb.b. 64 116% Sale x118 Sale ;114% Sale 114 Aug. 25 x118%Aug. 1 114 Aug. 25 120% Utah Copper 10 101,540 484,976 544% Sale 49%3 Sale Va.-Carolina Chemical..100 $42% Sale $41% Aug. 25 549% Aug. 1 Ill% Aug. 25 552% June 14 38,425 759,845 625% Sale 58 Sale :52% Sale Preferred 100 4,610 15,796 123 z51% Aug. 28 585% Aug. 2 51% Aug. 28 70% Feb. 28 %7 Sale 123 Sale :a117%Sale z117 Aug. 26 123 Aug. 26 128% Va. Iron Coal & Coke ..100 50 19,86582 Aug. 1 117 Meth 15 90 a82 Aug. 4 a82 Aug. 4 52 Jan. 6 97 July 7 Vulcan Detinning 100 100 410 13 18 Preferred 100 465 13 Aug. 28 13 Aug. 28 13 June 8 16 July 21 60 70 a50 Jan. 5 70 June 13 Wells, Fargo Express_ _100 759 2,647 152 160 161 167 Western Union Teleg_ _100 29,590 a145 Sale a145 Aug. 31 a162 Aug. 5 a145 Aug. 31 177 May 26 274,408 73 Sale 79% Sale 73% 75% 73 West'gh E & Mfg assent 50 23,800 188,237 66 Aug. 12 79% Aug. 1 71% Apr. 18 845% May 24 Sale 73 Sale 64% Sale Aug. 28 73 Aug. 1 63% Aug. 28 79 First preferred 50 5,497 120 123 118% 635% May 29 Sale 111% 118 110% Aug. 10 118% Aug. 1 11034 Aug. 16 123 Jan. 5 z Less - than 100 shares. b Ex-rights. c Ex-div. & rights. d 1st paid. e 2d a Ex-dividend. z Quoted ex paid. f Full paid. g 3d paid. h Ex stock dl v. k Stamped extended -dividend during the month and prior to this date.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis 35 GENERAL QUOTATIONS BONDS AlT)cI STOCKS. 1. In the following thirty pages of tables, quotations are given for all the more important securities listed on any Stock Exchange in the United States; also for leading unlisted and inactive securities. 2. Quotations from all Stock Exchanges are as near as possible for the closing day of the month preceding the date of issue. As the New York Stock Exchange began with Jan. 2 1909 to quote all bond prices 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 "f" prefixed to bond prices denotes that the quotation is a flat price—that is, that the accrued interest forms part of the price, and therefore the purchaser does not have to provide for it separately in making payment. As already stated in the case of income bonds and bonds in default,the price is always "flat," and no designating mark is employed to indicate the fact. 4. Stock prices marked thus (d) are per share. All others are per cent except bank stock prices, which are quoted per share unless otherwise stated. 5. It should be borne in mind in the use of these tables that the quotations for many inactive and 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 f" for sinking fund, "1 g' for land grant, "op" for optional 7. The black-faced type in the letters showing the interest period indicates the month when the bonds mature. NOTICE.—All bond prices are now "and interest" except where marked "f" and income and defaulted bonds.

Bonds Bid. Ask. Bonds Bid. Ask. Bonds Bid. Ask. RAILROAD BONDS Bait & Cumberland Valley— Canada Sou 1st 613 1913_ __ _J&J 10234 10234 Bonds of companies consol'd are RR 1st M 6s July 1929_ _J da 112 2d mort 5s Mar 1 1913_ _ M&S 1003/2 10031 often under the consolidated name. Ex 1st M 6s July 1931_ __ _J&J 110 Can No—Land gr 45 1919_ F&A 100 Adirondack—See Del & Hurls° n. Bait dr Harrisb—See West Md 1st con deb 4s 1930 gu_J &D300100 102 Akron di Barb Belt g 4s '42_ J&D 91% 9434 Baltimore & Ohio— Can Nor Div 4s 1929 gu_F&A 97 Alabama Cent—See Soutlen Ry. Prior lien 3%s g 1925_ _ _J&J 92 9234 Imperial Roll Stk 448 ser V_ Ala Gt South 1st 5s Dec'27_J&J 10734 1st fd 4s g July 1 1948__A&O 9834 99 Nov 1 1911-1920 gu_151&N b 5% 431% Gen M 5s Dec 1 1927 £ _ _J&D 104 43/3% notes 1913 J&D 9931 100 Winnipeg Term g 4s'39 g J&J 9931 100 Eq 4 HsgNoy'l 1 May'16.M&N b 5% 44% Pitt Je&M div 3%s g'25.M&N 88 8834 Canadian Pacific— Belt Ry of Chattanooga- Pittsb Lake Erie & W Va— 1st M deb E g 5s 1915_ _ _ _J&J if 103 105 1st M 5s July 1 1945_ _ _J&J 10034 Refund gold 4s 1941 _ M & N 9031 91 Cons deben 4s perpetual_ _J&J If 10334 10454 Alabama N On T dr P June— S W div 1st g 35-4s 1925_J&J 9034 903( Aroostook Val 4%31929 F&A 97 99 "A" deb 5s g 1911-1940_ MdeN if 110 112 Central Ohio— New Brunsw 1st g 55'34_ F&A if 111 113 "B" deb g 58 1911-1940_M&N if 104 106 Reor 1st con g 434s'30M&S 98 Cons deb 4s perpetual_ _J&J ir 100 102 "C" deb g 5s Nov 11940_ A&O if 98 100 Monon Riv 1st g 531919_ F&A 101 Ont&Que deb gu 5s perp.J&D if 126 128 Ala Tenn & Nor 55 1956_ _ Ada) 92 98 Pitts Cl & Tol 1st 6s '22_A&O 113 Carb & Shaw—See Ills Central. Ala & Vick—Con g 5s 1921_ A&O 101 103 Pitts Junc—lst g Cs '22_ _J &J 11234 Carolina Cent—See Scab Air L 2d consol g 5s 1921 Adc0 96 103 2d g 5s July 1 1922 _J&J 92 Carolina Clinchfield & Ohio— Vicks & Mer 1st g 6s '21_ A&O 109 Pitts & West—lst 4s '17_J&J 9734 1st g 5s 1938 op J& D 98 100 Albany & Susq—See Del & Hud Sch Riv East Side 4s'25_J&D 100 101 Carthage & Adiron—See N Y C Allegheny Valley—See Penn RR W Va & Pitts 1st 4s g '90 A&O 93 97 Catawissa cons g 4s 1948_ _ Aar() 100 101 Alleg & West—See Buff R & P Bangor & Aroostook— C R Ia F & N—See B C R & N _ Allentown Term 4s g 1919_ _J&J 99 1st mort 5s g Jan 1 '43J&J 107 C R & Mo Riv—See Chic & N W Alton Bridge—See St C M & StI, Cons refund g 45 1951___J&J 8034 8134 Cent Branch Ry—See Mo Pac. Ann Arbor 1st g 4s 1995.-Q-J 8034 Piscat Div g 5s Jan '43_ _A&O 105 10834 Cent Br U Pac—See Mo Pac. Arkansas Oklahoma & West- Van Bur Ex 5s g Jan '43.A&O 100 Central of Georgia— 1st g 68 Jan 1 1947 J&J 95 Washburn Ext 1st 5s '39F&A 96 100 1st M g 5s Nov 1 1945_ _ F&A 11334 Aroostook Northern—See Bang° r & Aro ostook. Aroostook Nor—Os g '47.A &O Cons g 5s 1945. M&N 109 110 AroostookValley—See Canadian Pac. Nor Maine Seaport 5s'35A&0 105 107 1st in (up to 5) Nov 1945_0ct f 97 Asheville & Spartanburg—S U& Battle Creek Sr Stur—See MichC 2d in (up to 5) Nov 1945 Oct f 101 Col 1st m g gu 4s 1995J&J 82 85 Beech Creek—See N Y C & H Riv. 3d In (up to 5) Nov 1945_0et f 98 Atch & East'n 13r-4s 1928_J&J 82 Bellingham Bay & British Col— 5% notes Mch 1 1912_ _M&S Atchison Topeka & Santa Fe— lst g 5s Dec 1 1932 J&D 9334 96 Eq 454s Ser H 1912-16_F&A 6 53-4% 431 Gen mort gold 4s 1995_ _A&O 98% 99 Bell & Caron.—See Illinois Cent Eq 434s Ser I 1912-16__ _J&J 6 54 % 431 Adjustment 45 July1 '95_ Noy 9134 9251 Bell's Gap—See Pa & Northw'n Eq 5s SerK Mch 1912-17M dcS b 534% 431 c. Stamped M&N 91% 9234 Belt RR & Stk Yds (Ind'p'ls)— Chat Div g 4s 1951 J&D 87 90 Cony g 4.91955 opt J&D 104% 105 1st ref g 4s 1939 M&N 973.4 Macon & Nor g 5s 1946_ _J&J 106 107 Cony g 4s 1960 J&.D 9834 99 Belt Ry of Chat.—See Ala Gr So Mid Ga & Atl 1st 5s 1947_ J &J 1053j 1073( Cony g 5s 1917 J&D 106% 107 Belvidere Del—Gu 4s 1927_ F&A 98 Mobile Div g 5s 1946 J&J 1083-4 Deb 4s Ser J 1912 F&A 99% 1st g gu 334s 1943 J&J 90 Oconee Div 1st g 5s 1945.Jde I 106 Ser K 1913 F&A 99% Bennington & Rutl'd—See Rut Cent RR & Bkg Co of Ga— Ser L 1914 F&A 98% Big Sandy Ry—See Ches & Ohio Coll tr g 5s 1937 opt_ _M&N 102 1033( Tran S L 1st g 48 1958 J&J 9334 Birm Belt—See St L & San Fr Chattahoochee & Gulf RR— Chic & St L 1st 6s 1915.M&S Birmingham Terminal— lst_g 55 July 1 1930 J&J f 100 102 E Okla Div 1st g 45 '28_ M&S 96 9734 1st gold 43 1957 _M&S 86 92 Chat R & South g 5s '47_J&J f 106 110 Hutch & So 1st g 5s 1928 _J&J 102 106 Boca & Loyalton 6sguar_.. '23 op..A&O 106 108 Eatonton Br 5s g 1926_ _J&D f 100 105 San Fr & San Joaquin Vail- Boston & Albany-4s 1913.A&O 9951 9934 Ocean SS Cog gtd 5s '20_J&J 101 1st g 58 Oct 1 1940_ _ A&O 111% 11234 4s May 1 1933 gu NYC_M&N 9831 9934 Central New England- Santa Fe Prescott & Phoenix_- 4s May 1 1934 gu N Y 0_ M &N 98% 9934 1st g guar 491961 op 1921 J&J 9251 9231 1st g 5s 1942 M&S 108 109 4s May 1 '35 gu N Y C_ M&N 98%' 9954 Dutchess Co 434s '40 gu_J&D 10434 106 Atlanta Birm & Atlantic- 334s Jan 1 1951 J&J 87% 89 Central of New Jersey- 1st M g 5s Jan 1 1936 op J&J f 32 35 Ref 3345 1952 gu NYC.... A&O 8731 89 Gen M (now 1st) g 5s '87_J&J 12034 12151 Col tr notes53'10ext to'12M&N 80 - - — Boston & Lowell 4s 1913_ _ F&A 903.1 Equip 4s Apr '12 to '13A&0 b 434%4 1 Ati&Birm 1st g 5s 1934 J&J 98 9934 4s March 1915 mszs 99 Equip 4s May __M&N b 4% 0 4% At1Knox&Cin—SeeLouls&Nash 4s July 1 1916 J&J 99 Am D&Imp Co gtd1912..- 59'21 _J&J 105 Atlanta Knoxv & Nor—See Lou isv & N ash 4s Oct 1 1918 A&O 9831 Leh & W mort 5s 1912..M&N 10034 Atlantic & Dan—See South RR 48 April 1932 A&O 9834 Con g 48 1915, 1920, 1925, Atlantic City—hs 1910_ _ M&N 104% 10554 3545 July 1 1919 J&J 9434 1930, 1935 J&D Basis 451% 1st consol g gu 4s 1951_ _J&J 92 Boston & Maine-454s g'44 J &J 104 10554 N Y & L Br gen 49 '41_M& 9934 10054 Atlantic Coast Co of Conn— 454s April 1 1929 Mc° 10334 Gen g 5s 1941 M&' 105 Carts Indebt Os irredeem.J&D f 104 105 48 Sept 1 1926 M&S 9634 9734 Central Ohio—See Bait & Ohio. Certs Indebt 4s opt 1920_J&J 4s Feb 1 1937 F&A 96 9734 Central Pacific—See So Pacific. 4s1925 opt 1910 J&J f 92 94 4s Aug 1 1042 F&A 9534 Cent Vermt 1st 4s May '20_Q- 9034 Atlantic Coast Line RR- 354s Nov 11921 'NUN 93 Charl&West Car 1st 5s '46_ A&O 106 107 1st cons 4s July 1 1952 M&S 95 96 354s Jan 1923 J&J 9234 93.3j Aug Term 1st gu g 68'47.A&O 116 118 Col tr g 4s Oct 1 '52 op M&N 91% 9231 3s July 1 1950 J&J 7454 Chateaugay Ry—See Del & H. Cony deb 4s'39 op.'16M&N 98 PortsGtF&Con 43-4s '37_J&D 10431 Chattanooga Station Co— Unified g 4s 1959_ _ .J&D Bos Sr NYAL—See NYNII&H. 1st mort g 4s 1957 gu____J&J 91 923.4 Eq 4s Sept '12-Nich'17 M&S b4.60 4.40% Boston & Prov-4s 1018.. J&J 903-4 Chesapeake & Ohio- AlaMid—lst gu g 5s'28M&N 107 - - —- Boston Rev B & L 454s '27 .J&J 10131 1st c,on g 53 1939__ _ _M&N 112 11234 Atlantic Coast Line of SC— Bruns & W—See At Coast Line General 454s gold 1--992_M&S 10051 101 Gen 1st g 4s July '48_J&J 96 9631 Buffalo Creek 1st 5s 1941__J&J 107 Cony g454s 1930 op '15 F&A 925/2 93 N E of SC 6s 1933_ _J&J 118 Buff N Y & Erie—See Erie Gen fdg dr impt Os 1929_ _J&J 104 105 Brun & West 1st 4s '38.J&J 94 9534 Buffalo Rochester & Pittsburgh Coll g notes43-4sJunl'14_J&D 9834 99 Cent of So Car Cs '21_ _J&J 110 General 5s g 1937 M&S 11334 Car tr g 4s Ser B 1912 __F&A b 431 454 Char & Say gen 791936 J&J 138% Con g 45-4s 1957 M&N 10534 10734 Car tr g 48 Ser C 1912 __M&S b 431 43-4 Fla So 1st g gu 4s '45_ _J &J 92 93 Equip 4%s Ser E 1922_ _M&N 100 Car tr g 4sSerH Oct'l 1-16A &O b 431% 43.4 Nor & Car 5s 1939 ..A&O 111 112 Equip g 434 Ser F 1927_ A&O 9934 Craig Valley 1st Os g '40_J&J 100 104 Pet'b'g—ClassA5s g'2f3.J&J 106 108 Equip 4s Ser G 1929_ _ _ A&O 95 Potts Creek 4s 1946 J&J 80 83 Class B 6s g 1926 A&O 115 Ai & West 4s g guar 1998.A&O 96 99 R & A Div 1st con g 4s'89J&J 933-' 94% Rich & Peters 6s 1915.M&N 106 Clear dr M 1st 5s g gu '43_J&J 109 2d con g 4s 1989 J&J 92% Consol 781915_ _ ___M&N 110 Roch & P 1st g 6s 1921_ _ F&A 11431 Warm Sp NI's! 1st 5s g'41.M&S 10654 108% Consol 434s g 1940_ A&O 101 Consol 1st g 6s 1922_ _Th D 11631 11731 CoalRiver Ry 1st 4s gu'45J&D 89% SavFla&W 1st g Cs'34 A&O 124% 126 Buffalo & Southwest—See Erie. Elevator Co g 4s guar '38 Adc0 78 85 1st M g 58 1934_ ._ A&O 108 Buffalo & Susquehanna Ry.— Big Sandy Ry 1st g 4s '44J &D 85 86 Silver Spgs Ocala &-Gulf- 1st g 4%s April 1 1953_ _M&N f 28 32 Genb'r Ry 1st g gd 4s'40M & N 8654 4s g 1018 J&J 97 9731 Trust Co etfs f 3234 Raleigh & SW 1st 4s'36.J&J 83 86 Wil & Wel gen g 58 '35_ J &J 110 RR—Itet 4s April 1 1951_ J&J f 40 45 Chesterfield & Lancaster— Gen mort g 4s 1935_J&J 96 Burl Ced Rap& No—See CRI&P 1st m a 55 Aug 1 1955_ _F&A 95 100 Atlantic Tenn & 0—See So Ry Burl & Mo (Neb)—See C B & Q Chicago & Alton Ry— Atlantic dr Yadkin—See Southe rn Ry. California Northwestern— 1st lien g 354s 1950 J&J 655.4 66 Augusta South—See South Ry. 1st M s 1 g 5s 1928 gu_ A&O 1045.4 105 RR refund g 3s 1949_ _ _A&O 71 Aug Term—See Charl & W Car California Pacific—See So Pac 5% notesNich15'13op'11 M&S 9934 100 Austin & Northw'n—See So Pac Cam & Clear-1st 5s g 1941_J&J 100 __ Eq Asso'n 43 1911-'15_ _M& N b 5% Bait Ches & Atlan—See Pa RR Miss R Bdge Os g 1912_ _A&O 100

b Basis. 'This price includes accrued interest. k Last sale. I In London. n Nominal. a Sale Price.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis 36 GENERAL 0UOTATIONS [VOL. Lxxxxiii. 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. Burlington Quincy- Chicago & Chic Subway 1st 5s '28 op_J&D f 20 23 Delaware & Hudson—Concluded 5s debenture 1913 M&N 101 101 % Chic Terre Haute & Southeast- Hudson Coal Co— Gen 45 1958 M&S 95% M 96 1st & ref g 5s Dec 1 '60 opJ &D 95 98 Gu deb 4s 1912-1917_M&N 94 Deny Ext col tr 45 1922_ F&A 99% 99% Sou Indiana 1st g 4s 1951F&A 84 85 Rens&Sar reg 1st IllinoisDiv 3%s'49 op'29_J&J 87% 7s '21 _ M&N 121% 88 Chicago Terminal Transfer — Utica Olin & Bing 55 '39..J&J 109 48 July 1 1940 J&J 94% 99 Chic & Gt W 5s g 1936_ _J&D 105 110 Delaware Lack & Western— Iowa Div s f 5s 1919A&O 104% Chicago & Western Indiana— Morris & Essex 1st 7s'14M&N 107% Sinking fund 4s 1919_ _A &O 99% 99% Gen g 6s Dec 11032 Q-M 108 1st con 7s guar Nebraska Ext 4s 1927_ _M&N 1915 _J&D 110% 98 100 Consol g guar 4s 1052_ _ _J&J 92% 43%s Pur Mon Jan '12_ ..J &J 97 S W Div s f 4s 1921__M&S 99% Chic & West Mich—See Pere M Ref Mo(Neb)con6s'18.J&J g 354s Dec 1 2000_J&D 90 Burl & 101 Chic Wis & Minn—See Wis Cent N Y Lack & Western- Repub Vall 1st 6s 1919 J&J Choc 102 Ok & Gulf—See Ch It I & P 1st 6s g'd Jan 1 1921__J&J 114 115% C B & Q joint 4s—See Gt Nor Cin Bluff & Chic 5s 1933_111,i:5 2d 5s g'd Chicago cons 1923_ _ _ F&A 106% & Eastern Illinois— Cincinnati Dayton & Ironton — Term& Imp 4s gd '23_ Ref & Imp M 4s g '55 op_J&J M&N 97 99 81 1st guar gold 5s 1941_ _ _ M&N 104 105 I Osw & Syrac gu 5s '23_ .111&N 100 108 1st consol 6s gold 1934_A&O 123 125 Cin Find & Ft W—See Cin H&D Warren consol 1st refg3 %s 2000F&A 87% Gen 1st 5s 1937_ .M&N 109% 111 Cincinnati Hamilton&Dayton— Denver Ncirthwest & Pacific— Eq 4%s Jan'12 toJan'15J&J General b 4%% 5s gold 1942_ _ _ _J &D 100 105 Northw Term g 5s '26 gu_J&J 90 93 Eq 4 Ms Ser E to Aug'15_F&A S 5W1 0 44%3 2d mort gold 4345 1937_ _J&J 101 Denver & Rio Ch & I C Ry—lst 434s Grande- 5s '36_J&J 1094 Gen M July 1 1939 fO 67% 1st con g 4s 1936 J&J 00 92 Danv &G Cr 1st M 6s'20.M&N 105 1st & ref g 4s 1959 J&J 91 1st con g 434s EvT H & Chic inc 6s Guaranteed 1936 J&J 98 100% '20_M&N 105 89 Improv't gold 5s 1028 ..J&D 97 100% Chic Gt West—lst 4s 1959_M&S 83% 83% 4% g coil tr notes '13 op_J&J 99 99% 1st & Chicago Hammond ref g 5s 1955 op.._ _ F&A 88 88% & Western- Cin Findlay & Ft Wayne- Rio Grande Western- 1st gold 6s Jan 1 1927_ _J&J 116 119% 1st gold guar 4s 1923_M&N 87% • 90 1st Chic Dayton g 4s July 1 1939_ _ _J&J 891% & I C Ry—See Chic & E Ill & Mich 1st 5s 1911 1st cons g 48 1949 Chicago Indiana & Southern Ext at % to'31op'17J&J op.._ A&O 83 • Ry 434 100% UtCt4 gu g Jan 1 '17_A&O 88 93 Con mtge g 4s 1056 guar_J&J 02 02% C I St L & C—See C CC & St I. Utah Fuel Ind III & 1st Cincin Indianapolis 1st 5s 1931_ M&S 86 la g 4s 1950A &J 95 96% & West- Des Moines & Ft Dodge RR- Chicago Indianap dc: Louisville— 126% 128 1st & ref g 4s 1953 guar_ _J &J 88% 1st guar Refund Ind Dec&W—lst gold 4s 1935...... _J &J 78 82 mtge g 6s 1947_ _ _J &J 127 Vi g 58'35.J &J 105 Des Moines Union 5s 1917_ M&N 100 Refund mtge g 55 1947_ _ _J &J 107% 1st guar gold 5s 1935 Detroit Grand Haven & Milw- Ref m g 4s 1947 Ser C J&J Cin Leb & Nor 1st 5s 93% 94% 1916_J&J 101 102% 1st Equip Os Nov 14 '18_ A&O 105 107 Indianap&Louis 1st 4s '56J &J 89% 1st cons gu g 4s 1942_ _ 96% 97% Con gu 6s Cincin & Muskingum Nov 15 1918_ _ A&O 103 104% Ch I &StL ShL—See C C C&St L Valley- Det Gr Rap & West—See PereM Chicago Lake Shore & Eastern- 1st guar gold 4s 1048_ F&A 90 Detroit & Mackinac— 1st NI 1969 1919_J&D Cincin N 0 & Texas Pacific— 4%,s op 103% 105% Prior lien gold 4s 1995_ _J&D 98 Chic Milw & Puget Sound- Eqp 434s Nov'll-'16_ _M&N O 4'A Eq434sNov15'11-'21 Mortgage gold 4s 1995_ _J&D 90 1st M g 4s 1949 guar J &J-Q-J 941% 94% M&N15 041% 4% 0 Detroit Mackinac & Marquette Chicago Milwaukee & St Paul— Cincin North 1st g 4s 1951_ _J&J 90 93 Chi Rich Land grant inc 7s 1011...A&O 20 30 Gen g 4s A May 1 1989_ _J&J 98% 08% & F W-7s g '21_J&D 117 120 Detroit Toledo & Ironton— Gen g 3 Ms B May 1 1980_J&J 86% 87% Cin San & Clev—See C CC&St I. Ohio South g 4s Terminal 58 gold, 1914_ Clearlield&Jeff—See Pa & No Mch'41_M&S 70 75 _ _J&J 101% W Gen lien & div 1st g 4s'55 J &D 45 52 Deb gold 4s July 1 1934_ _J&J 01% 92% Clearf & Mahoning—See B R&P Con mtge g Cleveland Akron & 434s 1080_ _ F&A 5 12 Chic & L Sup Div g 55'21.J &J 106 107% Columbus— Detroit & Toledo Shore Line- Ch & Mo Riv 1st 5s 1926_J&J 108% General gold 5s 1027...... _M&S 107% .110 1st gold 1st cons guar guar 45 1953_ _ _J&J 82% 84% Ch& Pac WestDiv 55 '21 _J&J 106 107% g 4s 1940_ ..F&A 92 96 Duluth & Iron Range- Dak&Gt So 1st g 55 1916_J&J 103% 103% Unguaranteed .90 95 1st bs Cleve Cincin Chic 1937 A&O 106% 109 Dubuque Div 1st 6s 1920 _J &J 113% & St Louis— 2d mortgage Os Fargo ass'd '24_J&J General 4s gold 1993_ _ _ 1916 J&J 102 & So g 6s 116% _J&D 91% 92% Duluth Missabe & Northern- La C & D Div 1st 5s 1019_J&J 105 Deb g 434s 1931 J&J 96% 97% 1st gold Os 1922 Nor 1910— Cairo Div 1st g 4s 1939_ J&J 105 Milw & 1st 6s ..J&J 1st cons g 6s Jan 1 1923_ _J &J 105 Ext at 4% to 1913_ _J &D 100% C IV & M Div 1st 4s g '91 _J &J 92 Gen g s f 5s consol 1913_ _ _J&D StL Div 1st col tr g4s'90.Jii&N Jan 1 1941 _ _ _J &J 105 106 1st 6s _ 10.2% 01 92% Duluth Rainy Lake & Winnipeg Wis & Minn Div g 58 '21_J&J 106% Spr&Col Div 4s 1st g'40M &S 00 1st gold 5s 1916 1st Os '20_ _J&J White WV Div 1st 4s'40_J&J op 1911J&J 90% 101 Wise Vall Div 112% 113% 90 92 Dul Short Line—See St P & Dui Ch & No M—See Pere Marquette Central Indiana Railway Co- Duluth South Shore Chicago & North Western— 1st gold guar 4s 1953_ & Atlantic M&N 86 87 1st gold 5s 1937 J&J 106 109 Con s f 7s Feb 1 1915_ _ _ _Q-F 108% 109% Chic Ind & St L Sh Line Ity- Dutchess General M g 1987_ M &N 1st gold guar 1953_ A&O Co—See Cent New Eng 31%s 86 4s 04 96 East Tenn Va & Ga—See So Ry Gen M gold 4s 1987.. M&N 97% 97% CISL &Clst 4s g Aug'36.Q-F 96% Eastern Mimi—See Sink fund deb 5s 1933_ _M&N Con s f 6s'20 dr©105_ M&N St P M & 11 109 105% Easton & Amboy—See Leh Val Sinking fund Os 1929_ _ A&O 111% Cin San&Clev con g 5s'28.J&J 107 Elgin Jol & East 5s 5s 1929 Cleve Colum Cin & Indianan 1941_ _ M &N 112 A&O 107% Elmira Cort & Nor—See Leh Val 30-year deb 5s 1921_ _ A &O 15 104% 106% Consol mtge 7s 1914_J&D 107% Elmira & Williamsport Exten bonds 4s 1926_ Cons sink Id 7s 1014 J&D - F&A 15 97 98 107 1st 6s'10 ext at 4% 1950_J&J 100 Cedar It & M 1st 7s 1916.M&N 111% Gen con gold 6s 1934_ _J&J 123 Income 5s 2862 Boyer Val 1st g 31%s '23_J&D Id Blm & W ext 4s1940_ A&O 06 ASEC1 110 91% El Paso & Rock Isld—See El Pas o & Sou thwest. Frem Elk & Mo V 6s '33_ A&O 127% Ind & St L 1st 75 1919 A_J&J 117 El Paso 7s & Southwestern Co— Ia Minn & NWlst 3%s'35J&J 88 1st July 1019 SerB_M&S 117 New Mexico Ry ManitowGB&NW3 1%s'41.J&J 1st 7s July 1919 SerC_M&N & Coal Co- 86% 117 1st col tr g 5s Oct 1 '47.A&O 100% 102 Marshf ext 1st M 5s '22_ _A&O 106% 0 Ind & W g 5s Apr 1938_Q-J 100 Peo & East cons 4s 1st &con&coll tr g5s'51A&O 99 101 Milwaukee Lake Shore & W— 1040_ A&O 91% Dawson Railway & Coal- Con 1st 6s gold 1921.. _ M&N 114 115 2d cons inc 4s 1990_ Apr 1 f 40 44 Cleveland Lorain & 1st col tr g 5s'51 gu sfJ&J 100 101% Mich Div 1st g 6s 1924_J&J 118% 119% Wheeling— ElPas&RI 1st g gu5s'51J&J 100% 102% Ashland Divlst g6s'25.M&S Cons now 1st g 55 1933_ _ A&O 107% Erie—NY&Elst4s 117% Stamped subject ext g'47M&N 100% Ext & imp s f g 5s '29_ F&A 109% to _ _ 103 • 5s 2d ext gold 1019 M&S 103 StP E GrTr 1st Os g '13_J&J 100 Con refg g 434s 1930 red_J&Jcall_- 95 434s Clev Mah Val 3d ext gold 1023.. _M&S 101 Mil&StateLine 1st 3 •68'41J&J 86% & -5s g 1938_J&J 110% bs 4th ext gold 1920.. A&O 103 Minn & Ia 1st g 3%s'24_J&D 91% Clev & Marietta—See Penn RR 4s 5th Cleveland & Pitts—See ext gold 1928_ _ _ _J&D 95 N W Un 7s g June 1 '17_ M&S 114 Penn Co 7s 1st cons g 1020 M&S 118 120% Peoria & Norw 31%s '26_ M&S 9084 Cleveland Terminal & Valley- 7s 1st cons 1st 48 gold guar g fund 1920_ M&S 117 120 Prin & Northw 3 Ms 1926_J&J 904 1995_ _M&N 93 94% Prior lien gold 4s 1096.. J&J 86% Sioux City & Pac3 Ms'36-F&A Coal & Coke Railway Co- 86%, 87% Gen lien gold 4s 1996_ - _ _J&J 763•4 Wino & St P 1st 7s 1916_J&D 113% 114% 1st gold 5s Apr 11010..... A&O 95% Cony gold 45 1953 Ser Coal & Iron Ry—See A_ A&O 80 82 Chicago Peoria & St Louis— Western1M aryland Series B 1953 A&O Prior lien g 41%s 1030_ M&S Colo Midland—lst 4s g '47_J&J 74 74% f 00 94 61 64% Eq g 4s Nov'11-Nov'16_M&N b 44%7 4%% Cons mtge gold 5s 1930 __J&J f 40 Colo & Sou 1st g 4s 1929_ _F&A 95% 96 • Col 6s g notes Apr 50 Ref Mg 434s May 8'14A&0 8 looyi 100% Income 5s July 1 1930 15 1 96 97 Penn coil g 4s Feb 1 '51_ Chic Rock Isl & Pac Railway— f 5 Eq 5s Ser A Oct '11-17_ _ F&A 88% 89% A&O Buff NY & E 1st 7s 1916_J&D 08% 111% General gold 4s 1988.._ • 96% 06% Ft Worth & DC Os 1921_J&D 112 113 Buffalo & Southwestern 1st mtge1st 1917 Col Sou N 0 & Pac—See - Os J&J 108% 110 St L & SF 1st g 6s'08ext atb%'18_J&J 100 101% Ref g 4s 1934 op to 1911_ A&O 88% Colo Spr & Cripple Cr'k D Ry- 2d g 5s '08 ext 89% 1st gold s f to 1918_J&J 95 Coll tr g 4s May '12 to'18M&N b 4%71 4%% 5s 1930 J&J 102 105 JeffRit5s gu'09 ext to'19.A&O 103% 104% do SerJ 1912..M&N 99 1st cons 5s Oct 1942_ _ _ _ A&O 96 97 Chic & All Term 55 1918_J&J • do Ser P 1918_ _M&N 94% Columbia & Gr—See South'nRy & Erie 1st Col Connect&Ter—See Ch 5s g 1082_ &N 111% 112% • Eq 41%s Feb'12 -Feb '1-7_ F&A Norf & VV Long Dock 6s con g 1935.A &O 125 Eq 41%s Oct '11-Oct '19_A&O Col Hock Val&T—See Hock Val 123 5% Concord Newb & N Y 1st 5s 1929_J&J 102 105 Chic R I & Pacific Railroad- & Mont con 4s '20.J&D 98 09% NJ &NY1st Os 1910— 4s gold 2002 M&N 72 Deb 4s June 1 1920 J&D 95% Ext at 5% 72% Deb 3 %s June 1 to 1950_ M&N 102 RI Ar& La 4%s 1934_M&S 93 94 1920_ _ _J&D 91% NY& Gr Lake gu g 5s'46.M&N 101 Burl Cedar Rapids & North— Conn & Pass—lst g 45 '43.... A&O 08 100% Newp& Richt NYLE&WC&RR- Con lst&col tr 5s g'34.A&O 111 112% 1st 5s'41 gu J&J 110 1st 6s curr guar 1922_ M&N 104% Cedar Rap la F & NW- Conn River—Gold 4s 1943.. M&S 98% 100 NYLE&WD&ICo- 5s gold guar 1921 A&O 334s Jan 1 1923 J&J 93% 1st Os curr 105 Connellsv & Monongahela 1913 _ _J&J 101% M&StL 1st gu g 7s'27_J&D 113 Ry- N Y Pennsylvania & Ohio— Choctaw Oklahoma & Gulf— 1st s 1 g 4s 1930 opt.. M&S 97 98% Prior lien 43/3 Cuba Eastern 1st 6s 5 1035_ _M&S 97 Gen M g bs Oct 1 1919_J&J 103 1933_ M&S N Y Susq & Western- Consol gold 5s 1952_ _M&N Cuba RR—lst g Os 1052.... J&J 102 103 1st 108 108% Cum & Penn—lst refunding 5s 1937_ _J&J 101% 104% Choctaw & Memphis- g 5s'21_M&N 101 • 2d mtge 1937_ _F&A 80 1st Current Riv—See K C Ft 43%s g 5s Jan 1 1949_ _J&J 108% 109 S & M Gen mtge Os g 1940_ _ _ F&A 83 PeoriaRyTer 4s'37 gu op_J &J Dak & Gr So—See Ch Mll & St P Term 1st 85 _ Dallas & Waco—See g 5s 1943_ _M&N 108% Rock Isl & Peoria (Is '25_J&J 106 Mo K & T Midland of N J 1st 6s 1010 St Paul & Kan Cy Short L- Daws Ry & C'I—See El Paso & Southw estern ext at Dayton & Mich—See 5% to 1940_ _ A&O 110 110% 1st g 41%s 1941 opt _F&A Cin H & D Wilkes & E 1st g 5s'42.J &D Keo & 92% 93 Delaware & Bound Brook 100% DesM—lst 5s'23_ A&O 98% 102 - Erie & Pittsb—See Penn RR— Chic & St L—See Atch T & S Fe 1st con gold 31%s 1955_ _F&A 90 93 European & N A—See Maine Chic St L Delaware & Hudson— Central & N 0—See Ill Central Evans Hend & Nash—See Louis & Nash Chic St L & Pitts—See Penn Co Cony deb 4s June 15'16_J&D 97% Evansville & Indianapolis— Chic St Paul Minn & 1st lien equip g 434s '22_J&J Omaha— 101% Consold g guar Os 1926.__J&J 110 112% Con 6s June 1 1930 J&D 1st & ref gold 4s _M&N 98 Ev & In 123 124% Penn Div 7s Sept 1017.. 1st g gu 6s 1924A &J 109 • Con 6s red to 3%s 1930.J &D 88 1943_- ..M&S 114% 117 Evansville & Terre Haute- Ch St P&Mlst g 6s 1918_M&N Adirond 1st 434s '42 gu_M&S 103 1st con 123 Albany & Susq 31%s gold 6s 1921 J&J 112 North Wisconsin-6s '30_J&J 123% gold 1946 1st gen 5s gold 1942_ A&O StP& Sx C 1st 125 (cony before 1916) gu_ 102 g Os 1919_A&O 111% 111% A&O 91% Eq 434s Feb '12-Feb '16.FiScA S 5% 4%% •S S III&SW 1st M 5s'15_M&N Bluff Point Land Impr Co- • Mt 101 1st M g Vernon 1st Os g 1923. A&O 107% • Superior Sh L 58 J'ne 30 M&S guar 4s 1940_ _J&J 92 Sul Co Br 1st 108 Chateaugay Ore & Iron— g 5s 1930— A&O 95 Guar gold 4s 1942 J&J 85 0 isasis. •in.'s pox& includes accrued Interest. k Last sale. I In London. n Nominal. a Bale price.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis SEPT., 1911.1 RAILROAD BONDS. 37 and defaulted bonds. NOTICE.—All bond prices are now "and interest" except where marked "f" and income

Bonds. Bid Ask Bonds. Bid. Ask. Bonds. Bid. Ask. Louisv—See Ch Ind & L Louisiana & Arkansas Ry- E T H & Chic—See Chic & E Ill Ind & M&S 96 98% Ind & St L—See C C &C St L— 1st s f g 5s 1927 Fargo & So—See Chic M & St P Louisiana Western—See South em Pac Fitchburg-43s May 1'14 M&N 100 101 % Indiana Un 1st 4%s'26_ __M&N . 85 interboro-Met 1See Street & El Louisv Cin & Lox—See L & N 43.s Refunding 1928.._M&N 103 104% & St L— 98 Enter Rap Tr' fly Securities Louisville Henderson 4s March 1 1915 M&S Ist mort gold 5s 1946_ _J&J 107% 4s July 1 1916 J&J 98 International & Gt Northern- 98 1st g Os 1919 MEN 10834 10834 Louisville & Jeffersonv Bridge— 4s Refunding 1925_ _ _ _ _M&N 15 Guaranteed gold 4s 1945_M&S 9134 92% 4s Refunding Mar 1927_ _M&S 98 3d 48 gold 1921 (certs) M&S n 14 98 5% notes (Trust Co ctfs)____ 9534 97% Louisville & Nashville— 4s Refunding 1927 A&O Gen mort gold 6s 1930 _J&D 113% 4s Jan 1928 J&J 98 Eq 5s Jan 1912-1913 _J&J b Colorado River Bridge- 50-year gold Ss 1937_ M&N 113 3%s Oct 1 1920 A&O 91% 48 1940 J&J 9834 99% A&O 91% 1st M 7s 1920.. &N 100 Unified gold 3%s Oct 1 1921 5s ..J&D 103 Coll tr gold 5s 1931 M&N 10834 Troy & Boston-7s 1924_J&J 127 129 Iowa Cent—lst g 1938_ 101% 92% 1st & ref g 4s 1951 M&S 64% 68 At K & Cin div 4s 1955 M&N Flint & PereMarq—SeePereMar '17 A&O 113 At! Knox & Nor 1st 58'46J&D 113 Fla Cen&Pen—See Sea AirLine Iowa Falls&SC—lst 7s Ia Minn & N W—See C & N W Consol gold 4s 2002._ M &S 90 Florida East Coast- g 1931 M&N 104 106 J&D 96 97% Jacksonville Terminal- Lou C & Lex 4%s 1st M g 4%s 1959 100 N 0 & Mob 1st g 6s 1930_J&J 121 125 South—See At! Coast L 1st M 5s g guar July 1 '39 J&J Florida Frank &Clearfield- 2d gold 6s 1930__J &J 118% Florida West Shore- Jamestown 96 98 1st g 491959 guar J&D 94% Pad&Mem div 1st 4s '46_ F&A 95 1st gold guar 55 1934_ _J&J 1st 6s '20_ M&S 106% 109 & Gloversv- Jefferson—See Erie Pensacola Div Fonda Johnstown Station- St Louis Div 1st g 6s '21_ M &S 114% 1st cons ref'g g 4%s 1947_J&J 94 Joplin Union 73% 434s 1940 guar op M&N 99 101 2d 3s 1980 M&S 68 Gen ref'g gold 4s 1950_ _ _J&J 83 1st g &S 101% _M&N 89% 9134 Kai Al &GR—SeeLS &MS St L prop 1st g 5s 1916_ _hi 1st con ref 4 qs'52 opt.. E H dr N 1st 6s 1919 J&D 112 113 & Western— Kanaw & Mich—See Tol & 0 C Ft Smith W—See Ill Cent Henderson Br Os g 1931_M&S 10514 106 lst AI g 4s 1954 A&O! 45 55 Kankakee & S 94% Col S Kan City Belt 1st Os 1916. J&J 107 107% Kent Central-4s g 1987_J&J 9334 Ft Worth & Den C—See & L&N Mob&Mont 4 %s'45/M&S 104 Fort Worth & Rio Grande— Kansas City Clinton & Sp- 5s gold 1925 guar_ __ _A&O 95 97 Louisv & Nashv South'n joint lst 4s g 1928 J&J 83% 1st J&J 90 91% W Kansas & Colorado Pacific—See 1110 Pac gold 4s 1952 Fre Elk & Mo Riv—See C &N L&NTermlst g 4s'52 gu J&D 9434 96% Galv Har & San An—See So Pac Kan City Ft Scott & Memphis— g 4s 1936 guar_ _A&O 79% NasF&S 1st gu g 5s '37_ _,F&A 109 Gal Hous&Hen—lst 5s'13 A&O 98 Refdg - g 82 Cons 6s 1928 M&N 11634 116% Newport & Cincin Bridge Gen & Wyo 1st 5s 1929_ _ A&O 1st Mg 434s 1945 guar J&J 10214 104% Geor & Alabama—See Seab A L Equip notes gold 434s ser B Feb 1912-Aug 1915._ F&A b 5% 4.90% Pensa & Atl 1st 6s gu '21 F&A 110% Georgia Car & N—See Scab A L Ala Con M g 58'36 F&A 111 112 Georgia Coast & Piedmont- Current My 1st 5s 1927_ A&O 96 S & N Memphis & Bir— Macon Dublin & Savannah- 1st gold 5s 1946 M&S 65 85 Kansas City 9734 99% - Gen 4s 1934 1st gold 5s 1947 guar_ _ _ _J&J Georgia & Florida LS &MS 1st M g bs Nov 1 1956_ _M&N 78 80 Income 5s Mch 1934 SeMp&t S1 92 Mahoning Coal—See Assented M&S 91 Maine Central— Geor Midland—See Southern Ity A&O 101% Georgia Pacific—See South'n Ry Kansas City & Mem Ry & B- Cons 7s 1912 gold F&A&OA 10234 Coll tr 5s 1923 J&D 10634 108% Geo RR & Bank'g 6s 1922_J&J 1112 1st 5s A&O bs Jan 1 1922 J&J 105 & Mo—lst1929_Kens 5s '22 98 Cons 55 Apr 1 1912 10034 & Orient- Cons 434s Apr 1 1912_ _A&O 100 48 Jan 1 1947 J&J 93 Kansas City Mexico 9934 1st gold 4s 1951 Rink 35 50 Cons 4s Apr 1 1912 A&O Georgia Southern & Florida- 101 434% 1912..A&O A&O100 1st gold bs 1945 J&J 107 Kan City & N W 1st g 5s '33 J&J 97 notes Apr 1 Pac—See M K & T Eur & N A 4s gold 1933_ _J&J 95 98 Gettysburg & Har Ry— Kan City & 93 104% Kan City St Jos & Council BI— Hereford Ry—G 4s 1930 M&N Con bs g guar Oct 1 '26.. _ A&O 102 Knox & Line 1st M Pen Sh Gila Val Globe & Nor—See Sou Pacific Nodaway Val 1st 7s 1920 J&D 1st 7s 1920..J&D 101 line 4s 1920 F&A 94 Gr Rap Be! & Sag—SeePereMar Tarkio Val 96 97 Kan City Southern- Upper Coos 1st gu 4s'30 M&N Grand Rapids & Ind— 74% UpperCoosEx434s g '30 M&N 100 Eaten 1st g 4%s 1941_ J&J 104% 1st gold 3s 1950 A&O 7434 Apr 1 '50 _J&J 9934 99% Washington Co Ry 1st g gu Muskegon Div g bs 1926_J&J 77 87 Ref & imp't 55 85 Kansas City Terminal fly- 334s Jan 1954 op 1924_J&J 80 Grand Trunk Western Ry- 99 99% Manila RR—See Foreign Gov't. Sec. p. 5Q. 1st g gu 4s £ July 1 1950.J&J If 95 97 1st g 4s 1960 op 1930_ _ ..J&J 96 98 Kan City Wat & Gulf—See St L ouis W at & G Manitoba & Southeastern- 1st g gu 4s $ July 1 1950_J&J II 1st gu 4s £ Feb 11920.. _F&A 9834 100 Great Northern— Kentucky Central—See L & N 96% 96% Keokuk & Des M—See C R I &P Marquette Houghton & Ont— C B & Q coil tr g 4s 1921 _ J&J Mort 6s 1925 A&O 11334 114% 1st & ref g 43is 1961 op'41J&J 100% 10134 Knoxv & Ohio—See South'n Ry 98 100 Lake Erie & Western- Md Del & Va 5s 1955 gu ..F&A Great Northern Ry of Canada— & Pa 1st g 4s 1951_ _M&S 8834 89% to 82 1st gold 5s Jan 1 1937...J&J_J&J 10834 109 Maryl Con 4s 1934 opt 1914_A&O 1 Income 4s 1951 A&O f 63% Greenbrier Ry—See Chesapeak e & Ohi o -- 2d g 5s July 1 1941 6u1004% 105% No Ohio 1st gu 5s g '45_ _ Aj&0&-1 Mason City & Ft Dodge- Gulf Beaumont & Kan City- M gold 4s 1955 J&D 83% 84% 1st Os gold Aug 1 1913_ _ F&A 100% 102 Lake Sh & Mich So—See NYC &H It 1st 95 100 Leavenw'th Term Ry & Bridge — McK'sp't & B V—SeeP1McK&Y 2d gold bs Aug 1 1913_ _ _ F&A Union Station— Gulf & Ship Island RR- 1st M gold 5s 1923 92 Memphis 883 92 Lehigh & Hudson River RR'llj 87 Col tr notes 5s Nov 1911 _ M & N 1st ref & term g 5sFeb'52 J&J Br—See Term RR Gulf Terminal of Mobile- 2d M 5s July 1 1917 J&J 100 Merchants' 85 90 Gen g 5s July 1 1920 guar J&J 100% Meridian Terminal- 1st mort g 4s 1957 gu.. J&J 45 guar M&N 80 85 Harrisb Ports Mt J & Lane- Unguaranteed 101% 1st M 1955 1st 4s July 1913 jsrj 983 Warw Val 2d Os Oct 1912A&O 100 Mexican Central— Lehigh & Lake Erie—See Lehig h Valle Equip & coll g 5s 1917_ _ A&O Hartford & Conn Western- 2d Ser 5s 1919 A&O 1st ext g 43is July 1 1923 J&J 101 Lehigh & New England— 1st M g 5s 1945 J&J 105 109 Mexican International— Henderson Br—See Lou & Nash Prior lien g 434s 1947___M&S 94 98 Hocking Valley Ry- Lehigh Valley— 80 103 1st Os ext g 45 1948 J&D 104 1st con gold 4s 1977_ M&S 1st con gold 4%s 1999_ _ _J&J 148% guar op to Mar '07 74 78 Car tr g 43s Noy'll-'12 M&N b 4%% Con M 6s ann reg irred'm J&D 147 Stamped 4% 4%% Con M Os It gold 1923_ _ _J&D 117% Mexican Northern- Eq g 4s Ser A 1912-'17 P&A15 1st g Os 1910 ext to 1930_J&D 95 Col & H V Ext 4s 1948_ _A&O 95 Con M 434s C 1923 J&D 103% 94 Con M 434s ann irred'm_J&D 11134 112% Mich Cent—See NYC &HR Col & To! 1st g 4s 1955_ _F&A 97% Middlesex Valley—See Leh Val Hoosac Tunnel & Wilmington- Gen cons gold 4s 2003_ __M&N 97% 106% 107% Midland of N J—See Erie 1st sk fd g 5s Sept 1922_ M&S 85 05 • Easton & Amb 581920_.M&N 98 Elmira Cortland & North'n- Midland Term 5s 1925..... _J&D Housatonic—See NYNH &H & 1955 A&O 96 100 Houston Belt & Terminal- 1st pf g Os Apr 1 1914_A&O 103 Millen Southw-5s 101 1st gu gold 5s 1914_ _ _ A&O 100% Mil & Lake Win—See Wis Cen 1st M gold 5s 1937 op J&J Chic & N W Houston E & W Tex—See Sou P acific Lehigh & Lake Erie- MilLSh&West—See acific 1st 434s 1957 gu M&S 100 105 Milw & No—See Chic Mil & St P Houston & Tex Cen—See Sou P &SS M Hudson Companies— Lehigh & N Y 1st 4s '45..M&S 94 94% Min&Pac—See M St P 98% 99 Lehigh Valley Coal- Minneapolis & St Louis- , gold notes Feb 2'13_ F&A J&D 130 6 0 g notes Octi15 '13..A&015 98% 09 1st 5s gold guar 1933_ _J&J 109 109% 1st 7s 1927 1st 40-year gu int red to Pacific Ext 1st 6s 1921.._A&O 110 113 Hudson & Manhattan- 1934_ _M &N 106 1st 11 4%s 1057 cony_ _ _F&A 78% 1933 97344% 98 1st consol gold 5s 102.14 104 Lehigh Valley Ry of N Y-12j 1st ref'g gold 4s 1949.... M&S 70 70% N Y & Jer 1st g 55'32optP&A 9334 94% & Broad Top- 1st 434s gold 1940_ _ _ _J&J 10634 Col notes g 58'11 ext to'13F&A Huntingdon St P & Sault Ste Marie- 1st g 4s Sept 30 1920_ _ _ _A&O 91% 94 Lehigh Valley Terminal- Minn n 85 00 1st gold guar 5s 1941_A&O 11234 113 1st cons gold ts 1938_ _ _ _J&J 98% 2d mort 4s gold 1925_ _ _ F&A J&J 90 31 1925_ _ _A&O 85 92 Middlesex Val 1st 5s'42_M&N 105 2d M gold 4s guar 1949_ Con bs g Mar notes 434sApr'12-20A&O b 434 % Hutchinson & S—See A T&S Fe Pa & N Y Canal— Eq g Con M bs 1939 A&O 110163% 114% M S Ste M & Atl ist 4s'26 J&J 95 Idaho & Wash Northern- 95 M&N 97% 100 Con M 4%s 1939 Minn & Pac 1st 48 1936_ J&J 1st m g 5s, 1932 opt.... Union—See St P M & M Illinois Central- Cons 4s 1939 100 Minn 101% Lehigh & Wilkes—See CentANSIJ Mississippi Central- 1st gold 48 1951 J&J 1949 opt J&J 95 1951 J&J 90 Leroy & Caney Val—See Mo Pac 1st M g 5s 1st gold 3%s Miss Riv Bdg—See Chic dc A Main L ext 1st g 3%s'51 A&O 88% Lexington & Eastern— f 82 gold 5s 1935...F&A 70 Missouri Kansas & Texas- lst mort g 3s 1951__M&S 85 Gen mort J&D 9734 98 A&O 99% Litchfield & Mad 1st 5s'34..M&N 90 96 1st gold 4s 1990 Col tr gold 4s 1952 2d gold 4s June 1 1990_ _ F&A 8434 84% Col Tr I, N 0 & Tg 4s'5:3M&N 98% Little Miami—Renew 5s'1211I&N 101 86 Sp West Ry— 1st Extension 5s 1944. M&N 10034 101% Pur lines 1st g 3%s 1952_J&J 87 Little R'k&Hot M &S 81 _M&N 96% 96 1st g 4s 1939 guar J &J 84 1st & ref 4s gold 2004_ 7834 Ref g 4s 1955 op 1918_ Gen Ms f g 434s 1936_ __J&J 8631 Cairo Bridge 4s g 1950_ &D 96 Long Island— 98% 7334 Unified gold 4s 1949... 93 5% g notes 1913 opt __ -_M&N 9834 Litch Div 1st g 3s 1951_ _J&J g 4s A&O 79 Louisv Div 334s g 1953_ _J&J 85% Refund g gu 4s 1949 M&S 95% 98 St Louis div 2001 F&A Boonville RR Bridge- Middle Div reg 5s 1921_ _F&A 105% 2d mort 7s 1918 81 3s g 1951 1st cons g 5s July 1 1931_Q-J 108 110% 1st g gu s f 4s 1951___M&N Omaha Div 1st F&A 75 h 5s'40_M&N St Louis Div 3%s g 1951_J&J 84 86% 1st cons g 4s July 11931. _Q-J 95 Dal&Waco 1st gu 10594 75 g 4s 1938 _ J&D 93 Kan C & Pac 1st 4s g'90_F&A 89% St Louis Div 3s g 1951._ ..J&J Gen mort 109 Sp'gfield Div Ext 3%s'51 &J 86 Ferry 1st 434s con g 1922 M&S 97 100 Mo Kan & E 5s 1942 gu_A&O 10734 J&D 91% 97 Missouri Kansas & Okla— Western lines g 4s 1951_ _F&A 96 4s gold 1932 110 Louis & N 0— Debenture gold bs 1934_J&D 102 lst g gu 58 May 1 '42_ _M&N 10634 Chicago St 5s gu '42 M&S 102 106% Con g 55 June 15 '51 J&D15 115% 118% Montauk Ext bs 1945..... 102 MK&T of T 1st J&D 103 Sherman Shreveport & S- Con g 3%sYne15'51 J&D15 853.s 87 Brook& Mon 2d bs 1938 105% 95 L I C'y & F con 5s 1937 M&N 103 . 106% 1st M gu gold 5s 1943_J&D 104% Mem Div 1st 4s g 1951 J&D 96 J&J 108 & Southwestern- N Y Bay Ex R 1st bs g'43 J&J 101 SW Coal & Imp 1st 68'29 Kankakee & Okla-5s 1943_M&S 10434 105% 1st mort bs 1921 F&A 105 N Y B'klyn & Man Beach 1st Texas & Ter Haute— gold bs 1935_ A&O 104% Missouri Oklahoma & Gulf- St Louis Alton 1 1944 M&N 85 Bellev&Car 1st 681923 J&D 113 NY &R B 1st g 5s 1927..M&S 10534 1st g 5s Nov Shore Branch- Mo Pac—Cons Os 1920_ NI &N 10734 108% St L South 1st g 4s '31 M&S 95 North M&N 97 g 48'32M&S 94%, 96% 1st con bs g Oct 1 1932.Q-J 103 3d 7s eat toJly'38 at 4% Carb &Shaw 1st 58 stpd Jan 1 1917_ _M&S 100 10034 Ind 131 & Wn—See C CC & St L Tr g Ind Dec & West—See Cin I & W Indiana Ill & Ia—See Chic Ind & Sou b Basis. f This price includes accrued interest. k Last sale. 1 In London. n Nominal. a Sale price

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis 38 GENERAL QUOTATIONS. [VoL. 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. Missouri Pactflc—(Concluded) N Y Cent & Hud Riv—(Concl) Pan Col American let 5s '34 op J&J 100 trust 55 1920 F&A 100% 101 RW &Coco is g 330'22_ A&O 90 Pennsylvania RR— Eq 5s SerC June 1 '12-'13_ Q-M b 5%% 4%% RW&O Ter R 1st 58'18_M&N 1043% Con M 5s g 1919 Gold 4s Mar 1 1945 opt...M&S M&S 110 76 Utica & B Riv 4s g 1922_J&J 993% do 4s gold 1943_ __ _M&N _ 102% lst&ref 58'59 cony SerA_M&S 89% 90 West Trans Co 330 1923 F&A 893% do 4s g 1948 5% g notes 1914 J&D M&N 102— 104% 96% 96% West Shore 1st 4s 2361_ _ _J&J 100 1003% do 3%s g 1045_ _J&J 90 Central Br Ry 4s g 1919_ F&A 90 N Y Chicago & St Louis- Collateral tr g 430 CentBr UnPac 1913 J&D 100 1st g 48'48 J&D 85% 1st g 4s Oct 1 1937 A&O 99 993% Col tr 4s Ph W & B 1921_J &J Kansas & Colorado Pacific- 993% Deb 4s May 1 1931 M&N 903% RE pur mon 1st g 48'23_ _ _ _ 100 1st & ref gu g 6s '38_ F&A 10734 109 N Y & Greenw'd Lake—SeeErie Ler&Can Cony & opt 330 g 1912_ M&N-M& N 993% 99 V A L 1st 58'26_J&J 102 N Y & Harlem—See N Y Cent & Hud R Cony g 330 Oct 1 1915 opt Lexington Div 5s 1920_ F&A 98 NY&Jersey—See Hudson& Pac Man Dec 1 1910 J&D 063% 96% of Mo 1st ex g F&A 96 97 N Y Lack & West—See Del Lac k & W est Penn Steel Car Trust Ctfs 330 2d ext 55 gold 1938_ _ _ _J&J 108% 109% NYLE&WC RR—See St L R Erie. Oct 1911-1912 Q-J b 4%% 43,1% E 1st 5s1938__M&N 107 N Y & L Br—See Cent of N J. Steel Rolling Stock Tr g 3 As Car'deletBrlst430'38 A&O n 95 N Y New Haven & Hartford— St Louis May 1912 to 1913 Q-F b % Iron Mtn & So— Deb 6s Jan 15'48 conv.J&J15 1293% 130 Equip In g 4s '14 Ser A_ _M&S 97 Unify & Ref'g g 4s 1929 J&J 83% Deb 4s July 1 1955 94% Gen J&J 93 Gen ft eq 4s May'12 to'20 Q-F b 43j% c7 con ry & 1 g 58'31_ A&O 107% 108% Deb 4s 1956 ._ 94 Alieg Val gen 4s 1942.. M&S 7 Gen con stpd gu g5s'31 99 wog A&O Deb 4s 1947 nonnon-conv_M&N--cony.._ 93% BaltChes&Atlst g 5s'34_M&S 101 104% Riv & Gulf Div 4s'33_M&N 83% 85 Deb g 4s 1914 non-conv..P&A Lit 99 Clev&Marietta-430'35 M&N 1023% R'kJn 1st 6s gu'16_ A&O 101 Deb 330 Mch 1947 M&S 82 Cleveland & Pittsburg— Pine Bluff & Western- Deb 330 1954 Ada) 81 813% 1st gu SerA430 gen gtd 1942A &J 1063% g 5s'23op'13_A&O 100% 10234 Deb 330 1956 convert__J&J 89 90 SerB430 gen gtd '42_A&O VerdVal I&Wlst 5s'26 M&S 100 1063% 5% notes Jan 1912 1003% 1003% Sere 3%s gen gtd '48_M&N 903% Mobile & Birm—See Southern It 434% notes Mch 1 '12__Ai&S 101 SerD Mobile & 0-1st 120% 1003% 3%s gen gtd '50_ F&A 903% g 6s 1927 J&D 121 Bos & NYALlst 48 g'55_ F&A 99 100 D Riv RR&B gu g 48'36_ F&A 100 1st exten 68 July 1927___Q-J 115 116 Danbury & Norwalk- Erie & Pittsburgh— Gen g 4s 1938 M&S 86 88 1st ref g 45 guar 1955_J&D 983% Gen gu g 330 SerB '40..J Eq 5s guar 1911-1914_ b 4H1,70 &J 903% _A&O 4%% Con 58 July 1 1920_ __ _J&J 105 Series C 1940 J&J 903% Eq 430 Ser E 1912-16_ ..M&S b 4%% 43i% Gen 5s April 1 1925_ 107 Montgom A&O Pennsylvania Company- Div g 5s 1947_ P&A 110 Hanl Riv & Portch 4s'54M&N 1st M g 430 1921 J&J St L & C col tr 45 May'30_Q-F 80 993% 103% Housatonic—Con 5s'37_ &N 1133% Gug 4s 1931 op 1921__A&O 983% 99 45 guar 1931 J&J 91 New England RR— Mobile Gu tr cts g 3%s 1937_ _ M&S 86 Terminal St Ry- Consol 4s July 1945 gu J &J 98% Gu In certs g 1941_ F&A 88% 1st M g 6s 1935 opt M&S 98 100 33% Consol g 5s July 1 1945_J&J 115 Gu tr certs g 330'42_ _J& D 873% 90 Mohawk &Malone—See NYC&H NY&NE BosTer 4s'39 A&O t 105 Monong Gu tr certs g 3%8 '44.. J& D 89% River—See Bait & Ohio NH&Derby—Cons58'18 M&N 1023% Guar trust gold 3 %s call Mont Cent—See St P M & M New Haven & Northampton Morgan's - 1-15 yearly to 1916_NI&N 97% 97% La & Tex—See So Pac Ref 4s 1956 guar MD 983% 993% Phil Germ & Morris & Essex—See D L & W Chestnut Hill- N Y Prov St Bos 4s '42_ A&O 99 1st g'd 430 1913_ _M&N 983% Mashville Chattanooga & S L- Prov Ter 1st g 4s gu '56_ M&S 9834 993% 1st 7s 1913 J&J 105%, Pitts C C& St L— N Y & Northern—See N Y Cent & Hud Riv Con g gu 4 As SerA'40_ A&O 105% 107% 1st consol gold 5s 1928.. A&O 110 New York Ontario & Western— Centreville Br g Os 1923_J&J 110 do do Ser B'42 A&O 105% Ref 1st g 4s June 1992_ _ M&S 943% 94 do do Ser C'42_M&N 105 Jasper Br 1st 6s 1923_ _ _ _J&J 115% Gen M g 4s 1955 red.. _J&D 90 Lebanon Br 6s Jan 1 '17_J&J 107 do 4s Ser D '45_ NUN 973% 109% 58 g notes Dec'12 Dec'15 J&D 1003% do 4s Ser 1953_3 &D 973% McM M W & Al 1st 6s'17_J&J 107% NYPhila&Nor—lst g 48'39 J&J 98 Tracy City Br 6s 107% do 4s Ser G 1957_M&N 973% 983% 1917_ _J&J Income 4s Jan 1 1939 _M&N 92 do 330 SerE '49_ F&A 923% Nash Flor & Sheff—See L & N N Y Prov & Bost—See NYN H& H art National Rys of Mexico— CStL&PittsIst5s g '32 A&O 1133% N Y & Putnam—See N Y Cent & Hud Riv Steub & 1st 58 '14_J&J 101 Pr lien g 430 s f 1957_ _ _J &J 91 93 Ind N Y & Rockaway Bch—See Lo ng Isla nd P Ft W & C 7s July 1 '12_ Var 1023% Gen M 4s 1977 A&O 82% 87 N Y Susq & \V—See Erie Coll tr g notes 43%s 1913_J&D 2d 7s July 1 1912 Var 1023% Nodawav Val—See KCStJ&CB 3d 7s July 1 1912 A&O 192 Nat RR of Mex p 1 g 430'26J &J 101 %3 Norf & Caro—See Atl CoastLine 1st cons g Pitts Va & Charleston- 4s 1951 A&O 77% 80% Norfolk & So—lst g 5s'41_M&N 1033% Nebraska—See C B & 1st g gu 4s 1943 M&N 100 Q 1st gen g 55 1954 opt_ _J &J 95 Sodus Bay & Sou g 53'24_J &J 102 Nev-Cal-Ore Ry-5s 1919.M&N 98 102 Suffolk Sc Car- 1936_J&J Newcas & Shen Val 104 Sun & Lew 1st g 4s Vi% Os '17_J&J 1st con 5s 1952 J&J 101 105 Penn & N Y Canal—See Lou V. New Eng RR—See NYNH&H. Norfolk & Western— N Pennsylvania & Northwestern— Hav&Derby—See NYNH&H General 681031______M &N 1233% 1243% New Hay & No—See Gen 58 Jan 1 1930 J&J 108 109 NYNH&H Imp & exten 68 1934_ .._ _F&A 125 127 Bells Gap Cons 6s 1913.. - A&O 103 N J Junction—See N Y Central New River 1st Os 1932_ _A&O 124 New Jer & New 128 Clearfield &Jeff 1st Os '27_J &J 118 119 York—See Erie N & W Ry 1st con g 48'96_ A&O 97% 98 Pensacola & All—See Lou & N. New London Northern- Div 1st lien & gen g 4s July 1 1st M Peoria & Eastern—See Clev Cin Chic & St L g 48 July 1 1940_ _ _J&J 98 99 1944 opt Jan 1 1929_ _ _JSz.1 913% 93 New Mex Ry&Coal—SeeElPaso &South west. Peoria Ry Term—See Cli It I & Pac Cony g 4s 1932 op 1917_J&D 103 104 Peo & Pekin Un 1st (3s '21_Q-F 107 110% New Orleans Great Northern- N&W Pocahontas 4s'41_J&D 1st m g 55 Aug 1 68 71 90 2d mort g 4%s Feb 1'21..M &N 99 1955_ _ _F&A Eq tr g 4sSerBMar 1'12-13M-S b 4 641 % 4 (70 Pere Marquette RR— New Orleans Mobile & Chic- Eq tr 4s SerD-F 1911 1st to '16 gu b % 4%°) Cons g 4s Jan 1 1951_ __ _J&J 78 82 M g 58 1960 J&J 70 75 Ser G J K'12216 gu_Var. b Oft% New Orleans & Northeastern— 4%% Ref. g 4s 1955 J&J 65 68 ColCon&Ter 1st 5s g '22_J&J 105% Guaranteed_ 67 72 Prior 1 g 6s Nov 1 1915_ _ A&O 104% SciotoVal&NElst 48'89_ M &N Equip 43%s Oct '11-13_ A&O b 5% 4%% 953% 97 Deb 6s July 1 1912 J&J 0831, 99 Northeast Pennsylvania- Equip tr 430 '11 to '14_A&O b 5% New Orleans Terminal Co- 1st g gu 5s 1926 53%y 1st A&O 104 Eq 5s A & B 1911-1919_ A&O b5 g gu 4s 1953_ _ _J&J 88% N'east of SC—SeeAt1CoL of SC. Newport St Cin Bdge—See Louis yule & Nashv Chic & W Mich 5s 1921_ .J&D 09 101 Northern Cal Ry—See So Pac. Ch & N Mich 5s gu'31_M&N 90 100 Newp & Rich—See Conn & Pass Northern Central— NYB&M Bch—See Detroit Grand Rapids St West Long Isl Con gen M 430 E 1925_ _ A&O 105 let g 4s April 1 1946_ _A&O 86 N Y Bay Ext RR—See Long Isl Mort bds 581926 Ser A_ _ _J&J 110 New York Central 111 Flint & Pere Marquette— & Hud Riv— Mort bonds 5s 1926 Ser B J&J 110 111 Gold 681920_ _ A &O 110% Ref'g g 330 July 1 1997_JSzJ 88 88% Northern N J—lst Os 1917_J&J Deb g 4s 1st con gold 5s 1039_ _ M&N 97 1934 M&N 93 93% Northern Ohio—See L E & West 100 43%% notes Mch 1 109 PtHuronDly g 581939_ A&O 103% 1914_M&S 1003% Northern Pacific— Grand Rap Belding & Sag- NY C Lines eq 58 '11-22_ M&N b 4A% 4,34% St Paul&No Pac6s g '23_ F&A NYC Lines 1163% 116% 1st g 58 March 1924_ _M&S 95 98 eq 430'12-25 J&J b 4A% % Reg certs Os 1923 Q-F 115 Illy Div- L S Col tr g 330 1998_ Lake Erie & Detroit _ _ P&A 80 Prior lien g 4s Jan 1997 Q-J 983% 99 1st g 43%s Aug 1 1932.. F&A 95 98 M C col tr g 330 1998_ _ _F&A 79 Gen lien g 3s Jan Beech 2047_ _ _Q-F 70 703% Pere Marquette RR of Ind- Cr—lst 4s g gu'36_J&J 961% St P & D Div g 4s 1996.. _J& D 96 opt.. _ M&N 2d guar g 5s 1936 J&J 106% 98 1st gu g 4s 1943 80 85 Wash Cent 4s Mch 1948..Q-M 90 Sag Tusc & Hun 4s 1931 F&A_ 82 87% Cif 131t C Co 1st g 4s'40_J&J 78 C B & Q Coll 4s—See Gt No. Beech Creek Extension- Perkiomen 1st ser 58 '18_Q-J 1043% St Paul & Dul 1st 5s'31_F&A 108 2d series 58 Jan 1 1918 _Q-J 104 1st gtd g 330 1951_ Adt0 84% 2d mortgage 58 1917_ Cart & Adir _A&O 101% Petersburg—See All Coast Line. 1st 4s g '81_J&D 92% 96 1st consol g 4s 1968_ _MD 90 581911 M&N Gouv&Osw 1st 5s g 1942_J&D 100 Phila & Hal C 1st 100 Dul ShLine gtd 5s '16_ 99% let 43%s 1911 M&N 100 Lake Shore St Michigan So— 'Fay Falls&LSup 65'14_J&J Con g 104 Phila Bait & Wash 4$ '43_M&N 101% ref 330 1997_ _ _MD 87% 89 Dul Union Dep 5s '30_A&O Erie— Deb g 4s 1928 Philadelphia & M&S 94 No Pac Ter Co—lst 6s '33_J&J 111 Gen (now 1st) gu 6s g '20_3 &J 114 114f, Gold 48 1931 M&N 93% 93% North Ry of Cal—See Sou .A&O K A & Pac. Gen g 5s July 1 1920...... 106% Gr B. 1st 5s '38_J&J 110% North Pac Coast—See No Shore. 1920_ __ _A&O 100 Kal&W Pig'n g 109 Gen g 4s July 1 1003% 5s 1940 J&J North Pennsylvania- Phil Ger&Ches Hill—See Pa 1111 Mahon C RR 1st 58'34_J&J 112% 1st M 4s extended 1936_M&N 103 Pittsburg— Michigan Central- 104 Phila Harrisburg Sz Gen g 3 3-10s 1053 J&J 843% 853% let mort gold 58 1925.. A&O 105 55 con '31 D&BC div_M&S 110% 115 North Shore Ity (Cal)— Deb g 4s Philadelphia Newtown & N y- 1929 A&O 92% Nor Pac Coast 5s g 1912..J&J 99% 1003% 38 1942_A&O 1st 5s Kal & SF! 1939_ 1st mort red to n 75 M&N Northwest'n Term—See Deny N W & P ac Phila & Read—See Reading Co 1st mtg M Air Line4s'40J&J 98 Norwich & 1st Wor-4s1927.._M&S 98 Philadelphia W & Baltimore— g 4sJol&Nolnd'57J&J10 96 Norwood S., Montreal—See NYC let g 330 JL&Sag Debenture 4s 1917 A&O s993% '51 _ M&S 88% Ogd'b'g & L Cham—See RutPlid Debenture 4s 1022 M&N 100 1st g 3%8 1952 M&N 87 873% Ohio Connect'g 1st g Baye&BC 4s'43_M&S 99 100 Debenture g 4s 1026 J&J 100% lstM g 38'89J&D 70 Ohio I & W—C C C & St L. 1932_ _A&O Bat C&S 1st gu g3s'89_J&D 70 Debenture g 4s 100% Ohio River RR—lst g 58'36 J&D 109% 110% Col ctfs 1921—See Penn 1111 Det It Tun 430'61gu_M&N 99 99% Gen gold tr 5s 1937 A&O 1053% log% Philippine Ry—See Foreign Gov Sec., p age 50 Grand Riv Val 4s '59_ M&S 96 Hunt & B S 1st 6s 1922_ &..1 105 Toledo Can Phillipsburg & Susq Valley RR- South & Del- Ray Spen & G 1st 6s '20_ F&A 106 1940 op '15_ _ 1st g 4s 1956 guar .J&J 93 1st s f 5s .M&N Basis 0% Old Colony-4s gold 1024_ P&A 99 Pine B1 & %V—See St L I M & So Moh & Mal 4s 1991 M&S 98% 4s Dec 1 1925 Consol J&D 99 Pine Creek—See N Y Cent & H ud Riv gold 330 2002_ M&S 82 4s Jan 1 1938 J&J 99 N J Junc 1st 4s Pitts Bessemer & Lake Erie— gu 1986_ F&A 95% 100 330 July 1 1932 J&J 913% 5s NYScHar 1st g 3302000 M&N 90% 923% PS &LE 1st g 1040..A&0 112% Omaha & St L—See Wabash. 1st g 58 July 1 N Y & Nor 1st g 5s '27.. _ A&O 100 Oregon & Cons '43_J&J 112% N Y & California—See SoPac PB&LE con g 581947 Mj 1133% Put 1st 4s g 1993 A&O -963% Oregon RR & Nay—See Un Pac Nor & Mon 1st 58 g '16_ A&O 102 Deb g 5s 1919 J&D 100 Oregon-Washington RR & Nay — Pltts diar & Youghiogheny— Os & Rome 1st M 78 '15_ MSz N 105% 1st & ref g gu 48 '61 2d 5s May 1 opt_ _J&J 913% 92 Gen mort gtd 48 1932_ _ _ A&O 90 1915 F&A 100 Ore RR & Nay cons 4s'46J &D 933% Pine Creek gu 6s 1932....J&D 943% Pitts Cin Chic & St L—See Penn RR, 1203% Oregon Short Line—See Un Pac Pitts Cleve & Tol—See Pitts McK & Y 1st 68'32_J&J 123% Oswego & 13 & 0. 2d 6s guar Rome—See N. Y Cent Pitts Ft W & C—See Penn Co. 1934 J&J 123 124 Oswego&Syracuse—See D L&W McK&BV 1st Os g '18_J&J 108% Pittsburg Junction—See B St 0. Ozark & Cherokee Central- Pitts & L Erte-1st g Os'28.J&J 122 Rome Watertown St Ogden— 1st g gu 58 1913 opt_ Cons g 5s July _ _ _A&O 993% 993% 2d 58 Jan 11023 A&O 107 1922_ _ A&O 106% 108% Pacific Coast Co—See Misc B'ds b Basis. f This price includes accrued interest. k Last sale. 1 In London. n Nominal. 8 Sale price. t Free of taxes in Massachusetts.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis SEPT., 1911.1 RAILROAD BONDS. 39 marked "f" and income and defaulted bonds. NOTICE.—All bond prices are now "and interest" except where

Ask. Bonds. Bid. Ask. Bonds. Bid. Ask. Bonds. Bid. — Southern Railway—(Con.)— N Y C St Paul Minn & Man (concl'd)— Pitts McK dr Yough—See '37_J&J 1283 Mobile & 0 col tr 4s '38_ M&S 88 88 Pitts Shaw&N—lst g os'49 F&A 50 Mont Cen 1st gd g Os guar gold bs 1937 J&J 112%8 114 Rich & Dan con g 6s '15_J&J 104% Gold 4s Feb 1 1952 F&A 128 32 1st 104% 100 Wil & S F 1st 5s g_1938_J&D 113% Deb 5s stamped 1927A&0 5 ), receivers' ctfs '14 op J&D 98 Richmond & Mecklenburg- ctfs '15 op_ F&A 97% 983 St P & N Pac—See No Pac 5 receiver's PM 0 1st g 4s Nov 1 1948 M&N 71% receiver's ctfs '16 op M&S Basis 53% St P & SC—See C St & 105 5% Lake City Un Dep & RR- So Car & Ga 1st g 58'19_ M&N 103% Pittsburgh & Shawmut— Salt 100 94 1st M 58 1938 M&N 96 98 Sumter&WatR5s g'19 A&O 1st s f g bs 1959 opt_. J&D 90 Va Mid Series C 6s 1916_M&S 10634 Pitts Shen&LE—See PBess&LE San Ant &AranPass—See SoPac San Francisco & Nor Pacific- Series D 4-5s 1921____M&S 102 Pittsburgh & Susquehanna— _J&J 993 Series E 5s 1926 M&S am% 1st at g 5s 1940 op 1915_M&N 923 1st g 5s sink fund 1919 San Fr & S Jo Val—See AT&SF Series F 5s 1931 M&S 105 Pitts Term RR dr Coal— General bs 1936 M&N 106% 1st g gu s f 5s 1942 J&J 94 963 San Fran Term—See Sou Pacific 100 Santa Fe Pres & Ph—See Atch Top & S Fe do guar stamped_ M &N 104 West Side Belt 1st g 5s'37M&S 95 Wash O&W 1st gu 4s'24_F&A so Penn RR Sault Ste Marie Bridge— Pitts Va & Chas—See 1 1937 J&J 100 W No Car 1st con g 6s'14_J &J 104% 105 Pitts & West—See B & 0 1st M s f g bs July S Ste Marie & S W—See Ch St P M & 0 S & N Ala—See Louis & Nash Pitts Youngst & Ashtabula— South Pac Southern Pacific M&N 107 Say Fla&W—See Atl Coast Line Coast—See Consol 5s 1927_ 93 100 SpartanU&Col—See Ashy &Spar A-1-948__J&D 94 Sav&States—lst g gu 5s'53 J&J 1st gen 4s Ser Duanesburg— Spokane Falls dr Northern- Pontiac Ox & N 1st g 6s '1-6_J&J 100 Schenectady & 1st guar 6s 1924 M&S 113 1st Os g 1939 110 Portland & Ogdensburg— Spokane International- 1928 _ _M&N 104 105 Schuylkill River ES—See B &O 1st M 4%s E—See Nor & W 1st g bs 1955 J&J lot 104 Port & R Falls—lstguar- g4s'26 M&N 96 Scioto Val & N 98 95 Seaboard Air Line— State Line&Sulliy-434s'29 J&J Debenture 4s Aug 1927.. F&A Staten Isld 81 ..J&J 108 1st g 4s1950 A&O 87 Ry-4%s '43_ _J&D Port Reading—lst gu 5s'41 87 873 Steub de Ind—See Penn Co Ports Gt F & Con—See Bos&Ale Stamped 105 Adjust M 5s. Oct 1 '49_ F&A 75% 76 Suff & Carolina—See Norf & So Potomac Val—lst gu 5s g'41J&J Sumter & Water R—See Northw—See Chic & N W Ref g 4s 1959 opt A&O 813 SC&Ga Princeton & Sunbury Hazleton & W B- Providence Term—See NYNH& H Eq tr g 4%s 1911 Apr '13 J&J b 5%% Eq g5s Dec'11-Dec119_J&D15 b 53% 1st Os May 1 1928 M&N 100 Prov & Worc—lst 4s 1947_ A&O 983 2(1 mort inc 6s '38 coup_ M &N 123 128 Raleigh & Augusta—See Seaboa rd Air Line Atlanta-Birmingham Divis— 1 1933_ _ M&S_ 863' Sunbury & Lew—See Penn RR Ral&CapeFear—lst g5s'43 M&S 98 102 1st g 4s May P M & Om Car Cent 1st g gu 48 '49_ _J&J 93 Superior Short Line—See Ch St Raleigh & Gas—See SeaAir Line Tampa & Jacksonville- Southp—Con bs '65_J&D 95 100 Florida Cent & Peninsula— Ral & Jar.) 101% 1st M 5s 1949 A&O 90 95 Raleigh & 8W—See Chesapeak e & Oh to 1st gold 5s 1918 Coun Bl 110 114 1st 1 g ext 5s gold '30_ _J&J 101 Tarkio Valley—See K C St J & Raritan River—lst if 53'39_J&J Taylors Falls & L Sup—See St Paul & Dul Ravensw Spenc & Glen—See Oh io Riy 1st con 5s gold 1943 ..J&J 103 A&O 106 107 Term'l RR Ass'n (St Louis) Reading Company— So Bound 1st g 5s '41_ 105 105% 98 & Ala 5s Oct '45_J&J 105 1st gold 434s 1939 A&O Gen g 4s Jan 1 1997 J&J 97% Georgia 105% 1st consol gold 5s 194C F&A 112 Cen g 48 '51 op '06_ _ A&O 97% 98 Ga&AlaTerm 1st g5s'48..J&D Jer 104% 1053' Gen ref s f g 4s '53 op '10_J&J 94% 95% W &N s tr ctfs 4s red 105_Q-M 95 Ga Car & N-1st 5s g '29_J&J 128 132% 116 RaPh&Aug'sta—lst 6s'26J&J 115 116 St L Br 1st g 7s 1929 A&0 Phila & R-2d bs g 1933_A&O 115 St L Mer Bge T-5s 1930 A&O 107% Imp ext g 4s _ __ A &O 100 100% RaPh&Gast'n—lst g5s'47J&J 108 1947_ 105% 110 Mer Bdge Os '29 op '09 F&A 105 Cons ext gold 4s 1937_ M&S 100 --, Seab&Roanoke—lst5s'26J&J 107 1 '16 F&A 103 106 Terre Haute & Ind Os 1925_J&J Term 5s g gu May 1'41 _Q-F 116% 117%- Deb 6s after July - RR of NJ 55 '48_ A&O 108 110 Terre Haute & Peoria DeiRTer p mon g 5s'42M&N 110 Seacoast 1st con g 5s Sept 1 '42_ _M&S 107 110 Ex p mon g 5s 1942_J&J 110 Sebast & Mooseh 1st 58'28_ M &S 103 106 Sunb'y & Lewisb'g— Texas Central—lst 5s 1923 A&O Wilm&No 1st 5s 1927_J&D 993 Shamokin Texas & New Orl—See So Pac 107 108 1st 5s May 1 1912 M&N 100 Gen g 5s Aug 1 1932_Q-F 110 Texas & Okla—See M K & T Phil & Read Coal & Iron— 2(1 6s g July 11025 J&J Sou—See ;Ito Kan & Tex Texas & Pac 1st 5s 2000.... J&D 110 110% Col s f g 4s ext'32gu F&A 98 Sherman Shrev & Mar 45 65 Shreve Brdg & Ter—See St Lout s South western 2d inc g 5s Dec 2000 Rens & Saratoga—SeeDel&Hud Lou Div 1st g 5s 1931_J&J 97% Richm & Southern Ry Sierra Ry of Cal— Danv—See Apr 12'37A&012 105 Tidewater Company- Rich Fredericksb & Potomac— 1st s f g Os cony J&D 101% 102 Sil Sp Ocala & el—See Atl CL 6% g notes 1913 gu Cons mort 4%s 1940_ __ _ A&O 105 Toledo Can Sou & Det—See Mic h Cent Rich & Mecklenburg—See SoRv Sioux C & Pac—See Chic & N W 109 Sodus Bay & Sou—See Penn RR Tol & 0 Cent 1st 5s g 1935_ _J&J Rich & Peters—See Atl Coast I. 92 95 West Div 1st 5s g 1035....A&O Richmond-Washington Co— Somerset Ry 1st & ref 4s'53 J&J South Bound—See SeaboardA L Gen g 5s 1935 J&D Mt/ Col tr g gu 4s 1043 opt J&D 98% 17_M&N15 S 5%7 4% 100 105 So Car & Ga—See Southern Ry Car tr 42 Nov '112 RioGrJunc—lst gu 5s '39..J&D te dr S E Car tr 4s Ser B 1912-'20_ J&J 55% 4% 0 Rio Grande So—lst g 4s'40_J&J 55 59 Sou Indiana—See Ch Terre Hau 90 92 Pacific Co— Kana & Mich 1st 4s 1990 A&O 1st g 4s guar 1940 jeto 723 Southern J&J 97% 98% Rio Gr Coll tr 4s(CP) Aug 1 '49_J&D 01 % 92% 2d M g 5s 1927 Rio Grande West—See Den & 96% St Mary's Div 4s g 1951_F&A 87 92 Roch & Pitts—See Buff R & P Cony g 45 Jne 1'290p'14_111&S 96 Aust & Nor 1st 5s g'41J&J 103% Toledo Peoria & Western- Rock Island-Frisco Terminal— 1917 J&J 90% 95 1st M g Ss _J&J 100 101 Cal Pac—lst g 4%s'12J&J 100% 1st g 42 July 1 1927 _ Toledo St L & Western— Rock Isl Ark & La—Seeguar_- C11 I & Pac Central Pacific— 88% 1st refdg 4s g g'd '49_ F&A 97 973 Pr lien g 3%s July 1 '25_ _J&J RockIsl& Peoria—See ChiRI&P A&O 65 69% W & 1st g gu 4s Oct 1 1954_A&O _„„ 94 1st g 4s Apr 1 1950 Rome 0—See NYC & H Col tr_g 4s Ser A 1017.. F&A 75 75% Rutland—Con 43's 1941_ _J&J 90% M 33.5 g g'd Aug 1'29_J&D 903 91% Galveston Hanish & SanAn— Toledo Terminal- Benn&Rut 4%s g 1927_M&N 95 101 gu__ M&N 92 95 1st g 87 Mex&PDiv 1st 5s'31_M&N 107% 1st M g 4%s 1957 Ogd&LCh gu 4s'48_J&J Tol Walh Val & Ohio- RutlCanad 1st g gu 48'49 _J&J 80 86 Gila Val Globe & Northern— 103% 1st g 5s Nov 1 1924_ _M&N 103 1st g gu 43-Is 1931 ser A_ _J&J Car tr g 4%s 191110 '17. A&O Basis fi% ser B_J&J 102 & Houston East & WestTexas— 1st g gu 434s 1933 Sag Tusc Hur—See Pere Marq 104% 1st g gu 42 1942 ser C__ _M&S 94% St Clair Mad & St L Belt— 1st Os g May1 1933___M&N 92 97 g 82 1st guar g 5s Mar '33_51&N 104% Tombigbee Val 1st g 5s'56_A&O Alton Bridge 1st 4s '51_J &J Gen mtge 6s 1935 J&J 95 100 St Clair Term 1st 5s 1932 _F&A 101 102% Houston & Texas Central— Toronto Ham & Buffalo- St Johns & L Champlain— 1st 1 g g 5s 1937_ _ J&J 109% 90% 91% Consol 1 g gold 6s 1-91-2 A&O 110 1st g 4s July 1 1946 J&D 1st g 5s March 1 1944_ M &S 105 & Boston—See Fitchburg J & Gr Isl—lst g 4s 1947 J&J 86 90% Gen gold 4s 1921 A&O 03 Troy St 116. Troy dr. W T Bridge 5s'15_M&S 104 105 St Law & Adiron 1st 5s'9(i_J&J 109% 112% Waco&NWDiv6s g'30M&N 106 La West 1st 6s 1921 Ric,' 105 Ulster & Del con Os 1928_ J&D 2d g (is 1996 A&O 120 125 1952 A&O 84% St Louis Al & T II—See Ill Cent Morgan's Louls'a & Texas— 1st ref g 4s St Louis Ass'n 1st mort 7s 1918 A&O 113 Union Pacific- Br—SeeTermRit Ry &lg 4s g 1947____J&J 100% 101 St L & Cairo—See Mobile & 0 1st g 6s 1920 jsrj 110 1st 102% _J&D 103 Cony 42 1927 J&J 101% St L Iron Mt & Sou—See MoPac North Cal Ry g 5s 1929_ 96 96% NoRy ofCal 5s g gu 1938 A&O 112% 1st & ref 4s June 2008_ _M&S St L Mer Br Co—See Term RR Nay—See Ore-Was h RR & Nay L Rocky Mt & Pac Os '55 J&J 83 Oregon & Cal 1st 5s 1927_J&J 102% 103% Ore RR & St 86 87 Oreg Sh Line 1st g 69'22_ F&A 113% 114% St L So—see Illinois Central S A & Ar Pass g gu 4s'43_Jdej 110 111% San Fran Term 1st 4s'50 A&O 90% 1st consol 5s g 1946_ _ _ _J&J St Louis & San Francisco— '29 op '07_J&D 93% 93% g 6s 1931 J&J 119 119% So Pacific Br 6s 1937._ _A&O 126 128% Ref g gu 42 Gen mort Utah & Northern- Coll tr s f g 6s 1920 F&A 103 Southern Pacific RR Cal— 92 1st g Os ser E & F'12A&0 100% 1st 7s'08ext at 4%to'33 J&J Gen mort g bs 1931 J&J 107% 108% J &J 106% 109 SUN 87% 87% 1st con g 5s gu 1937M&N 109 q 112% Consol gold 5s 1926_ Gen g 5.9 1927 op 94% 94% United N J RR & Canal Co— Eq no 5s Feb'12-Aug'17_F&A b 5% 4%% 1st con ref g 48'55 op'10 J&J 100% 101 5% 4%% So Coast 1st g 4s '37_J&J 89 92% General gold 4s 1923_ __ _F&A Eq g 4s Feb '12-Feb '13_F&A 5 Pac 1920.. M&S 101 102% J&D b 5% 43i% Texas & N 0— General gold 4s Eq notes 4s 1911 loot% lot % General gold 42 1944._ ___M &S 102% Coll trust g 5s 1987 A&O 102% Sabine Div 1st 65 '12_M&S 90 92 90 92 gold 5s 1943_ __J&J 102 105 Gen 1st g 3%s Mar 1 '51_ M &S Cons g 4s 1996 jsrj Consol Gr West 983' 99 Dallas Div 1st g 4s'30_F&A 90 92 Utah Central—See Rio 5% g notes Nich 1 '13 op M&S Utah & Northern—See Union I' acific • notes June 1 '13 opt_J&D 983 98% Southern Railway— 5% Os 1094.. J&J 106% 107% Utica & B1 R—See NYC &H Refunding g 4s 1951_ _ _ _J&J 79% 80% 1st consol gold Del & Hud 94 95 Develop & gen M g 4s'56 A&O 77% 77% Utica Clint & Bing—See N 0 Tex & Mex dIv 5s'40M&S /s7 100% Vandalia RR— Birm Belt 1st g gu 4s'22 A&O 85 89 5% g notes 1913 F&A 99 97 Eq tr g 4%sDec'11-De'14J&D b 4.80 4.70% Con g 4s 1955 Ser A__ _ _F&A Col South New On & Pac— • Ser B 1957 M&N 9734 Eq tr 5s Feb'12-Feb'17F&A b5X% 5% Equip trust g 43-Is Ser L Feb b 4.80 4.70% Vera Cruz dr Pacific RR- Sou West Div g 5s 1047_A&0 98 .5 Feb 1912 to 1921_ F&A J&J 91% 100 Eq tr 4s Ser M '11-'19 _ _J&D b 4.80 4.70% 1st g 4%s 1934 opt St L W & W g (3s 1919__M&S Verdig Val Ind & W—See Mo Pa 8t Louis Equip trust g 43-Is Ser N Southwestern— b 4.80 4.70% Vermont Valley- 1st g 4s 1989 certfs M&N 92% --- -- Oct 1911 to Apr 1920 A&O 105 83 E reor lien 5s 1938_M&S 106% 1st M g 43-Is Oct 1 '40_ _ASA) 10534 2d g inc 4s Nov '89 certJ&J 1 Tenn So Ry 79% SO 1st Mem div g bs 1996__ _J&J 108% Virginia Midland—See 1st consol g 4s 1932.. ..J&D /i5 89 Va & Southw 5s 2003 J&J 107 Grays Pt Term g 5s '47_J&D 97 St Louis Div 1st g 481951 J&J 8854 _J&J 75 1st con g 5s 1958 A&O 94 96% Shrev Bdg & Ter 5s'55gu F&A 97 100 Aiken Br 1st g 4s 1998_ & Vicks Ala Cent 1st g Os 1918_ __J&J 1074 110% Vicksburg & Meridian—See Ala St L Wat & Gulf Os J'ne'30_J&J & & San Fran Atl & Danville 1st 4s '48_3 &J 8654 Vicks Shreve Pac— St L Wichita & West—See St L 82 K 82% Prior lien 68 g Nov 1'15..M&N 106 St Paul & Duluth—See Nor Pac 2d g 4s 1948 J&J 101 Atl & Yad 1st gu g 48'49_ A&O 80% Gen 5s May 1 1941 M&N St P E G T—See Milw L S & W Wabash—lst gold 5s 1939_M&N 107% 109 Paul & K C Short Ch R I & Pac At1Tenn&O—lstM6s'13 A&O 101 St L—See _j& D 87 94 2d gold 5s 1939 F&A 98 99% St Paul Minn & Manitoba— Aug South g 5s 1924_ _ 105 Col & Green 1st 65 191-6_J&J 105% 107% Deb mort Os ser B 1939.._J&J 1st cons g 4s 1933 J&J 08 107% Equip g 5s Mar 1 1921 M&S 100 1st consol g Os 1933 J&J 125% ----. ETVa&Ga—Div g 5s '30_J&J b 44% 4% 104% 106 Consol 1st g 5s 1956_ _M&N 109% 111 Eq g 43-4s Dec'11-'14__J&D 1st con red to 4345 g '33_J&J 62 63 1st lien term g 48 1904.. J&J Montana ext 1st 4s '37_ _J&D 9854 Ga Mid 1st g 3s 194(i_ __ _ A&O __J&J 113% 1st ref & ext 4s 1956_ _J&J 61% 61 Pacific Ext 1st 4s£ 1940-1U d90 Ga Pac 1st g 6s 1922_ _ 95 97 Knoxy & 0 1st g 6s 1925_J&J 114 43-1% notes'10 ext to'13 M&N Eastern Ry of Minnesota— Det&Ch ext 1st g 5s '41_J&J 107% 108% Nor dly 1st g 4s 1948_ A&O 9631 99% L & N So joint g4s—See L &N 11,11nn Union 1st Os 1922_ _J&J 115% Mob & Birm pr lien bs'45 J&J 103 1st Ss July 1922 J&J 100 Gen M g 4s 1945 J&J 72 price includes accrued interest. k Last sale. 1 In London. S Basis. c On basis of $4 848 to the Z. d On the basis of $5 to the Z. f This n Nominal. a Sale price. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis 40 RAILROAD STOCKS. [VoL.

Bonds and Stocks. Bid. Ask. Stocks. Par. Bid. Ask. Stocks Par. Bid. Ask. Wabash (concluded)— Chicago & North Western_ _100 140 141 Mississippi Central100 Des M div 1st g 45 1939_J&J 77 Preferred 46 50 100 195 201 Missouri Kansas & Texas___100 29 % Tot & Chic 4s g 1941_ _M&S 81% 83% Chic R I & Pac Ry 100 145 155 293% OmahaDiv Preferred65100 63 1st 3%s g '41 A&O 67 75 Chicago St Paul Minn & 0...100 132 133 Missouri Pacific Wabash Pitts Terminal Ry- Preferred 100 40 • 401 100 145 160 Mobile & Birm pf (guar). _ _ _100 68 73 1st g 4s June 1 1954_ __J&D 43% 44 Chic Terre Haute & S E__ _ _100 18 25 Mobile & Cen Tr & Old 43% Ohio—See South'n Ry Col Tr ctfs_ 44 Chicago Subway Co 100 23% 2% Morris & Essex (guar) 2d g 48 June 1 1954 J&D 1%3 Cincin Ham 50 168 172 & Dayton 100 Nashua & I.owell 100 244 Guaranty Tr ctfs of dep__ _ 1% 2% Cin New On & Tex Pac_ _ _ _100 175 Warren RR—See Nash Chat & St Louis 100 144 155 D L & W Preferred 100 1033% Nashv & Decatur (gu L Warwick Val—See Leh & HudR Cincinnati & N) 25 185 190 Northern 100 40 50 National Rys of Mex 1st pref 100 • 61 67 Wash & Colum Riv-4s '35 J&J 86 Cin Sandusky & Cleve pref_ 50 130 140 Washington Second preferred ' 100 273% 283% Cent—See Nor Pac Clev Cin Chicago & St L._ _ _100 48 58 New Orleans Wash Co Ry—See Maine Cent Preferred Mobile & Chic_100 1 100 90 100 Preferred 100 Wash 0 & W—See Southern Ry °ley & Pitts (Guar 4 Pa RR)_ 50 165 168% N Y Blyn&ManB pref(Gu)_100 108 • 115 Washington Terminal Co- Betterm't stk (Gu Pa RR) 50 95 1st g gu 3 Ms 1945 F&A 87% 90 N Y Cent & Bud River 100 103 10:334 Colorado & Southern 100 47 52 Dividend payable in London. /d107 1st g 4s 1945 guar F&A 96 1st preferred 108 Weatherford 100 79 80% New York Chic & St Louis_ _100 50 57 Min Wells & Nor- 2d preferred 100 70 75 1st gu g 5s 1930 F&A 100 102 Columbus 1st preferred 100 95 107 A Xenia (Guar)_ 50 207 213 2d preferred 100 80 89 West Jersey er Sea Shore— • Concord & Mont—Class I....100 159 Consol g 4s 1936 J&J 99% • 99% New York & Harlem (guar)_ 50 290 310 Class II 100 159 N Y Lack & West (guar)_ _ _100 119 122 Cons 3%s g Ser B 1936_ _J&J 91 92 Class III 100 159 West Maryland-4s New York New Hay & Hart_100 131 133 1952_ _ A&O 86% 87 Class IV 100 162 N Y Bait & Harris g 55 '36_ _M&N 105 Concord Ontario & Western_ .. _100 39 39 & Ports (guar)_ _100 180 Norfolk Southern 100 45% 48; 1st M WestExt g5s'38 M&N 103 Conn & Passumpsic—Pf(gu) 100 140 Coal & Jr Ry 5s g 1920_ F&A 102% Norfolk & Western Ry 100 x 100 101 4 Conn River (guar B & M)_ _100 271 djust preferred West N Y & Penn-5s 1937 J&J 109% 109% Cripple Creek 100 89 92A Central 100 14 17 No Carolina (guar So RR)._100 163 167 Gen mort gold 4s 1943_ A&O 88% Preferred 100 39 Income g 5s Apr 1943_ _Nov 1 18 20 47 Northern Central 50 d 126 Cuba RR preferred 100 Id 92 94 North'n N H (guar West Nor Car—See Soutien Ry Dayton & Mich B & M)_ 100 141 corn (guar).. 50 80 85 Northern Pacific Ry 100 1153% 116 Western Pac 1st 5s 1933 _M&S 91% 92 Pref (guar C H & D)___ _ 50 Western -1st 185 Nor RR of N J (gii Erie)_ _ _100 80 90 Pa g 4s 1928. J&D 08 100 Delaware & Bound 13r(guar) 100 194 West Ry of Ala-4%s 1918 A&O 96 Northern Securities Co Stubs__ 100 • 103 Delaware & Hudson 100 161 165 North Pennsylv (gu P Western Transit—See N Y C Delaware I.ack & R). 50 d 06 97 & West 50 520 540 Norwich & Wore, pref (guar) 100 212 West Shore—See N Y C & II R Delaware 25 West Side Belt—See Pitts Term RR Co 180 190 Ogden Mine R.It(gu CenNJ)_100 95 105 Denver A Rio Grande 100 223% 22% OldColony West Va & Pitts—See B & 0 Preferred (gu NYNH&II) 100 1873% Wheeling 100 5034 50% Ontario & Quebec 100 /d147 150 & Lake Erie RR- Des Moines & Fort Dodge_ _ _100 5 1st consol g 4s 1949 M&S 84 84% _ - Oswego & Syra (gu D L & W) 50 210 220 Preferred 100 35 40 Pac Coast Co—See Mise Stocks, L Erie Div 1st g 5s 1926_ A&O 103% 104% Detroit Hills & S W Wheeling (guar)_ _100 93 95 Pennsylvania Railroad 50 12034 1203% Div 1st g 5s '28 J&J 102% 104 Detroit & Mackinac Ry_ __ _100 100 Exten & impt g 5s 1930.F&A 98 103 - - . Peoria & Bureau Val (guar)_100 176 182 Preferred 100 100 Peoria & Eastern 1 Equips f g 58 1922 J&J 05% Del Tol & Ironton 1st 20 Wheeling pref_ _100 10 Pere Marquette R R 100 20 Term-4s 1940_ _ F&A 90 2nd preferred 100 18 Wichita Falls & Northwestern 4 1st preferred 100 40 - Duluth South Shore & Atl_ _100 93% 11 preferred 1st 5s Jan 1939 J&J 99 100 Preferred 2nd 100 293% Wilkes 100 20 21% Philadelphia & Erie 50 d k 65 -B & East—See NYS&W East Penna (guar P & It). _ _ 50 d Williamsport & N Branch k 6834 Phila Germ & Norris (guar) 50 d 150 151 RR- Elmira & W'msport (guar)... 50 d s 72 Phila & Trent—(gu Pa RR. 100 1st ref g 43%s 1931 J&J 60 65 Pref (guar Nor Cent) 50 d Pittsburgh Bess & Lake Erie 50 d 293% 33 Willmar &S Falls—See StP.M&M Erie—Common 100 28% Wit & Nor—See Phila & Read'g 28% Preferred 50 d 62%. 70 1st pref 100 483% 49 Pittsb Cin Chic & St Louis_ _100 Wil & Weldon—See Atl Coast L 2nd pref 91 92 100 40 41% Preferred 100 102 115 Winona A St P—See Chic & NW Erie & Kalamazoo (guar) Winston-Salem 50 210 230 Pitts') Ft W & Chic (guar)_ _100 166 168 Southbound- Erie 4,• Pittsb (guar Pa RR). 50 135 145 Special (guar Pa RR.). _ _100 1st g guar 4s 1960 J&J 95 Evansville 150 165 & Terre Haute__ _ 50 75 85 Pittsburgh & Lake Erie.... 50 d 180 100 Wisconsin Central Company- Preferred 1st mtg 50 75 100 Pittsb McK & Yough (guar). 50 120 126 g 4s 1949 J&J 92% 93% Fitchburg preferred 100 127 Ch Wis & Minn Ist6s'16_M&S 104 128 Pitts Youngst & Aslit pref_ _100 163 168 Fonda Johns & Glovers com_100 25 35 Prov & Worcester (guar)_ 100 271 Marshfield &South East Div Ft Wayne & Jack—Pref(gu) 100 pur mon 1st g 4s1951 MAN 126 133 Providence Warren & 13_ __ _100 145 90 94 Georgia & Florida 100 8 11 Railroad Securities Co Sup & Dul Div 4s 1936_ _M&N 92 92% - Preferred 100 17 20 4% Ill Cent Stock ctfs 1952.. 90 Mil & Lake Win Os 1912_ _J&J 102 Geor RR & Bank Co 95 Minneap Term (guar)_100 264 267 Reading Co 50 1413% 14 3 3%s'50 op J&J 80 Georgia Southern & Florida_100 30 13% Wise & Mich Ry-5s 1945. J&J Is 10 40 35 1st preferred 50 89 90 1st preferred 100 93 2nd preferred Wise Minn & Pacific RR- 2nd preferred 50 92 93 100 75 85 Rensselaer & Saratoga (guar)100 180 190 1st g 4s Oct 1 1950 A&O 78 80 Grand Rapids & Indiana_ Wiscon Val—See C _ _100 28 31 Rich Fred & Pot—Common_100 275 300 M & St P Grand River Valley (griar)_ _I 00 115 Worcester Nashua & Roch- 120 Dividend obligations 100 264 2673% Great Northern Ry—Pref _ _100 d 1'n 122% guaranteed 4s Jan 1 1913 J&J 99 Ore certificates 6% 100 275 280 4s Jan 1 1930 98 4834 7% guaranteed 100 275 280 J&J Green Bay & Western 100 70 4s Oct 1 1934 A&O 98 75 Rich & P & lt F & C Conn_ 70 d 115 Deb ctfs A 1000 77 Rio Grande Southern Yosemite Val s f g 5s 1936_ _J &J 95 Deb ctfs 13 100 5 15 .1000 11 11% [loch & Genesee Val RR_ _100 115 Harrisburg Ports MU & Lan 50 d k Rock Island RAILROAD STOCKS. Par Hartford 9734 Co 100 243% 243% & Conn Western...100 42 Preferred 100 483% Ala Great Southern cont.__ _ 50 Id 43 45 Hocking Valley—Common. 493% Preferred .100 115 129 Rome & Clinton (gu D & H)_100 125 140 50 Ed 58 60 Hudson Companies 100 Ala N 0 T & P Jc A pref__X10 Id 93% Rome Wat'town & Og (gu)_100 118 119 ' 9% Preferred 100 63 Rutland preferred 100 35 40 B deferred El()Id 9-16 11-16 Hudson & Manhattan. Albany 100 14 17 St Joseph & Grand Island_ _ _100 & Susquehanna (gu) 100 275 290 Huntington & Broad Top__ 50 d 5 preferred..100 Allegheny & West 1st (guar)_ _ _100 132 140 Preferred 50 ds 14 14% 2nd preferred 100 40 Ann Arbor common 100 20 40 Illinois Central 50 Preferred 100 1363% 138 St Louis Bridge 1st pref___..... 10000 15204 130 100 50 80 I.eased lines (guar) 100 93 95 2nd preferred Atch Top & Santa Fe 100 103 103% Stk tr ctfs—See 59 Preferred RR Securs Co St Louis A San Fr 1st pref. ..188 v) 66 100 1013% 101% Iowa Central 100 17 17% 2nd preferred Atlan & Char Air L (guar)_ _100 180 190 Preferred 40% Atlanta 100 3394 35 Stock trust certfs for & West Point 100 130 135 Jackson Lans& Sag (guar)_ Atlantic Coast L _100 80 87 Chicago & East I11 com_ 111(.000)200 1886824 180 Co of Ct_ _.100 241 Joliet & Chic (guar C & A)_ _100 160 170 Atlantic Coast L RR com_ _ _100 1203% 122 Kal Allegan & Gr 13102 Preferred Rap (guar)100 137 145 St LoursreSfoerrutehdwestern...... _100 293% 100 107 K C Ft Scott & Memphis Ry— Preferred Atlantic Coast Line—A_ _ _ _100 128 (guar) 72% Pref trust ctfs_ 100 73 76 Saratoga&Schenectady (gu)-112 12 Atlantic 1st leased lines rent tr_ _ k/105 107 Kan City Mex & Orient Augusta & Say (guar) corn_100 1 5 Seaboard Co common 25 100 105 107 Preferred 100 4 9 1st preferred Bait & Cumb Val Extension- K C St L & Chic—Pref 85 7% (gu)_100 124 132 2nd preferred 10050 (guar West'n Maryl'd) 50 d Kansas City Southern 100 —Corn 5% (guar West'n Maryl'd) 50 d 28 29 sSohattroyn 15123 56 Preferred 100 653% 66 Southern Pacific Co 100 Bait & Ohio—Common 100 100 100% Keokuk & Des Moines 108% 108% Preferred 100 5 8 (vol Lr ctfs ext)1000 626%7 100 86 88 Preferred 100 do 26% Bangor & Aroostook 100 100 40 50 l'iroebfe &r r e od 68 Lake Erie & Western 100 10 14 Ohio stock tr ctfs.._ Beech Cr (guar N Y C) 50 92 96 Preferred .. _ 813% 88 Bost & Alb (guar 100 25 30 Southwest'n of Ga (guar). _ _100 105 109 N Y C)_ _ _100 221 222 Lake Shore & Mich Sou_ _ _ _100 325 450 Texas i‘cp ePoa r! catf isc c _ Bost & Lowell (guar B & M)..100 217 221 100 23% 24 Lehigh & New York pref. A00 7 10 Toledo Western_ ._100 Boston & Maine 100 102 103 Lehigh Valley 16 Preferred 50 15634 157 Toledo St L & Western_ 100 17 18 100 x 148 Preferred 50 ,bush Bost & Prov (guar Old Col)_100 295 d k 120 TroPyre&ferGrerd 100 373% 40 Little Miami (guar Pa RR)__ 50 2083% 212 (gu N Y C) 50 160 170 Boston Rev Beach & Lynn_ _100 145 155 Lit Schuyl Nay RR&Coal(gu) Buffalo loch Pittsburgh_100 50 ds 57 3 57% Union Pacific—Common_ .._100 167 167 % & 1073% 120 Long 'stand 50 45 54 Preferred N I Preferred 100 120 150 100 91 92 Louis & Mo Illy pref (guar)_100 140 145 United RR & Canal (gu) 100 235 Buffalo & Susquehanna pref. 50 7 10 Louisville Bridge Co 8 239 Camden dr Burl Co (guar)._ 100 120 126 Utica & Black River (guar)_100 165 1683% _ 25 130 140 Louisv Rend A St L corn_ _100 n 15 20 Utica Chen & Susq Canada Southern 100 72% Val (gu)_100 144 147 Preferred 100 n 20 25 Valley RR (N Y)(guar). _ _ _100 115 Canadian Pacific 100 2303% 230% Louisville & Nashville 122 Preferred 100 141 142 Vandalla RR _100 n . 78 82 100 /d102 103 Lowell & Andover 100 212% Vermont Catawissa RR—lst pf (guar) 50 d 210 s & Mass (guar)___100 162 8 165 543% Lykens Valley RR & Coal_ 20d 13 18 Virginian Ry 100 22 2d pref (guar P & R) 50 d 54y1 Mahoning Coal RR 25 Cayuga & usq (gu 50 600 Wabash Railroad 100 13% 13% D & W) 30 210 218 Pref (guar L S & M S) 50 112 Preferred Central of New Jersey 100 260 280 120 100 29 293% Chesapeake Maine Central 100 145 Ware Riv RR (gu B & A)..100 174 & Ohio 100 703% 71 Manchester & Lawrence_ _100 178 Chicago & Alton RR 100 220 Warren NJ (guar D L & W). 50 163 169 15 25 Maryland & Pennsylvania_ 100 20 Western Preferred 100 30 40 22% Maryland Ry 100 563% 583% Burl Massam ippi Valley (guar)_ 100 130 Preferred 100 77 Chic & Quincy 100 200 210 Conn Tr & Safe Dep ctfs 80 Chic & East III—Preferred_ _100 Western Pacific 100 15 16 105 109 Michigan Central 100 140 Chic Gt West corn tr ctfs_ _..100 18 18% 145 West Jersey & Sea Sh—Corn 50 els 54 55 Mine Hill & Schuy Hay (gu). 50 ds 60 • Wheeling & corn_ _100 Preferred trust ctfs 100 363% 37% Minneap Lake Ele 23% 3 Chic Ind & Loulsy & St Louis com_ 100 38 40 1st preferred 100 7 corn 100 40 60 Preferred 100 9 Preferred 100 60 613% 62% 2d preferred 100 3 80 Nlinneap St P & S S M 100 131 Wisconsin 33% Chicago Milw & St Paul_ ...... 100 1133% 114 13034 Central 100 51 54 Preferred 100 145% 151 Worcester Nash & Koch_ 100 Preferred 100 145 147 4% Leased Line Ctfs 149 100 87 89% Wrightsville & Tennille,com 25 d 27 29

bBasis. d Price per share, not per cent. (Flat. k Last sale. 1 In London. n Nominal. 8 Sale price. x Ex-dividend. y Ex-rights

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis '11 STREET AND ELECTRIC RAILWAYS In quoting street and electric railway bonds, we employ the same method as in quoting the bonds of steam railroads. The great majority of issues being quoted "and interest," we use no designating mark whatever where that is the case. On the other hand, we prefix the letter "f" where there is a deviation from this rule; in such cases the interest forms part of the price. Unless, therefore, "f" appears against a quotation, the buyer will understand that the accrued interest is to be added on. This, however, does not apply to income bonds and bonds in default, in which 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 lhicago City & Connecting Rys- Detroit United—(Con.) Aktled dr Ole—See N Ohio Tr&L Col tr s f g bs Jan 1 1927 A&O 89 90% Det dr Pt Huron Shore Line— Albany Ry—See United Tract Chicago City Ry- let g 58 1950 J&J 80 83 Albany Southern RR- 1st g 6s 1027 op up to'12 _F&A 102% 102% Rapid Ry 1st bs g 'IS. M&S 98 1st s f g 55 1930 _M&S 97 99 Chicago Elevated Rys- Rap Ry 1st con 5s'16_M&N 95 Alton Gran & St L—See East St L & Su 5% gold notes 1914 opt J&J 97% 9834 Detroit & Lake St Clair Ry-

Altoona & Logan Val Elec Ry— Chicago Junction KR— 1st g 5s 1920 .A&O ----- 85 Con g 4%s 1933 guFdrA 15 92 93 letg gu 4s 1945 op'10M&S 89% 91 Det Ypsil Ann Arbor & Jack— American Cities Co— Chic dr Milw Elec RR— let g bs 1926 F&A 88 Coll tr g 5-6s 1919 opt_ _J&J 95% 96 Ry ?et g bs July 1 1919_ _J&J 88 93 DY & A A g 68 1917_M&N 100 Amer Rys Co cony 55 '11_J&D 100 100% RR 1st g 68 1922 J&J f 47 51 Cons g 63 1924 F&A 100 Coll tr g 5s 1917. opt__ _ _ A&O 94% Wise Div 1st g 55 1925 gu J&J 18 Doylestown &E—See Phil& E— Scrant Ry tr cts g5s'351‘i&S 93 95 Chicago & Oak Park Elec Ry— DDEB & B—See NYCityRy— Anacos & Pot—SeeWashRy&El Lake St El 1st 5s 1928 gu_J&J 86 Duluth Superior Traction Co— Ardmore St Ry—See Phila Co. Chicago Railways Co— Duluth St Ry 1st g 53'30.M&N 98 100 Ashland (Wis) L Pow & St Ry- let m g As 1927 opt . _ - F&A 99% 99% Duquesne Trac—See Phila Co— 1st m g 5s, 1039 J&J Con Al 4-5 Ser A Feb '27.A&O 9531 Eastern Pa Rye let 5s 1936 J&J 78 81 Athens (Ga) Ry & Elec- Series B Feb 1927 _-_.J&D 87 88% Eastern Wisconsin Ry & Lt- 1st & ref s f g 5s'50 op'15 J&J 90 95 Series C Feb 1927 ____F&A 1st M g 5s 1923 opt A&O 95 97 Atlanta Cons St—See GaRy&El Col g notes 6s '13 op 'll_F&A 100% 100% Easton Cons El 5s 1049_ _ _M&N 96% 98 Atlanta Nor—See Ga Ry & El Funding Os Feb 1 1913_ _F&A loou l00% Easton Palmer dr Beth St Ry Atlantic Ave—See Bklyn R Tr Chris & 10th St—See NYCityRy 1st g bs Dec 31 1918_ _ __J&J 95 100 Atlantic Coast El let 6s'45 M&N 94 Cin D & T Trac gold 5s '22_ _J&J 79 81 East St Louis & Suburban Co— Auburn & Syracuse Elec RR- South Ohio Trac bs '20_ _M&N 95% 100 Coll trust g 5s 1932 opt _ _ A&O 98% 98% 1st & ref g 5s '42 op '12_A&O 90% 101 Cin & II Os g Apr 11018 J&J 105 110 Alton Granite & St L Trac- Tax exempt 100 101% Cin Lawr & Aur 55 1919_ _J&J 90 1st cons g 5s 1944 F&A 93% 94% Augusta-Aiken Ry & El Corp— Cin New & Coy 5s g 1922_ _J&J 103% Edgefield St—See NashvRy&L Sink fd g 5s Dec 1'35 optJ&D 92 04 2d g 5s July 1922 J&J 102 103 Eighth Av RR—SeeNYCityRy Augusta Ry & El 5s'40_J&D 102% 103% So Cov&Cin 1st M 6s '12_ M&S 100 Elec & Peop—See Phila R Tr Aurora Elgin & Chicago RR— 2d cons M Os g 1932 J&J 116 120 Elg Aur & So—See Aur Fig &Ch let & ref g bti 1946, op__J&J 92% 96% Newp't & Day 1st Cs '17_F&A 104 110 Eliz Plaint&CenJ—See Pub S C AE & C Ry lst g 5s '41Adr015 100 101% Citizens' Ry dr Lt—See Muscati ne Lt & Trac Elmira Water Light & RR- Elg Aur & S s f bs '16_ _ _J&D 99 100 Cit Ry L & P—See Newp News dr 0 P Ry El 1st g be Jan 1 1949 J&J 102 10334 Baden dr St L—See Un'dRy,StL Citizens St—See Ind Tr & Ter. let & con g be 1986...... M&S 92 95 Bait dr Ann S L—See Md El Ry Citizens St—See Memphis St Ry El Paso El Co coil tr g 58'32.J&J 98 100 • Baltentons&EIM—SeeUnIty&E Cit RR—See United Rys St Lou Cony g 6% notes 1913 J&J15 100 101 BaliCityPass—See Un Ry&sEl Citizens' Tract—See Piffle Co. Ely & Ober—See Cleve & S W T rac BaltSpP&Ches—SeeUn Ry & El City Pass Ry—See Reading Ter Erie El Motor s f g bs 1941_ Adt0 100 104 Bait 'rerminal—See Wash Balt & Ann City & Sub—See Port (Ore) Ry. Evansv dz Sou Ind Tract— Bait Trac—See Un Ry & El City&Sub—SesUn Ry &El(Balt) Evansville El 1st g 4s '21.M&N 82 86 Bangor Ry & Electric- City & Sub—See Wash Ry & El Evansydr Princt 1st 58'23. A &O 96 1st con g 5s 1935 opt __J&J 98 100 Cleveland Ry- Fairmont& Clarksburg Traction Beaver Valley Traction— 1st M g 53 1031 opt...... M&S 100% 101% 1st g Ss 1938 op 1913 ___ A&O 99 100% Gen g 6s 1953 opt____M&N 95 100 Ciev Dec cons 55 g 1913_M&S 100% . -_. Fairmount Park Trans-- Berkshire St 1st g 5s 1922.. _J &D 101 103 Clev Painesv & Ashtab Elec- 1st g 58 1912 op 1902 __ .M&S nR0 85 Binghamt Ry bs '31 op '11_ M& N 98 100 1st gold 5s July 1 1922___J&J 72 73 Fed L & Tr 67 notes'13.F&A15 99% 99% Birm Knox & All—See Phila Co Clev Pains & East bs '16.... A&O 98 10034 Fed St & Pleassial—SeePhila Co Birm Ry Light & Power— Consol 5s 1918 A&O 80 85 Ferries & C1H—See U RRs(S F) Gen ref g 4%s '54 op '09_ A &O 02% Cleve & Southwestern Trac- Ft Pitt Trac—See Phila. Co Birm Ry&Ellst g 5s '24_ _J&J 104 108 1st & con 53'23 op '13_ F&A 88 Ft Smith Light & Traction- BI St & Fill Far—See N Y C Ry ClBerEly&Ober5s g '19 _ M &S 1st Mg 5s Mch 1'36 opt _ M&S 93 94% Boston El g 45 May 1 1935 M&N 95% ClevdrEly g Os '15 op__M&N 100 FtWayneBI&M 1st 58'35 go J&J West End St 4%s 1914_M&S 100% 101 Clev Ely dr W 5s 1020..F&A 894 Ft W Van Wert dr Lima Trac- • 4%5 Jan 1 1923 J&J 102% Ely & Ober g Os '17 op _F&A 100 1st U g bs 1930 guar J&J 87 90 ••43'is July 1 1930 .J&J 103% Columbia RR—See WashRy&El Ft Wayne & Wabash Val Trac— Curr 4s Aug 1 1915_ __ F&A 99% 99% Col Buckeye L & New—See Col Newark &Lanes let cons g 5s 1934 M&S 82 82% Gold 4s May 1 1916_ _ M&N 99% 99% Col Del & Marion 5s 1921 M&N 42d St 11 & St N Av—SeeNYCR Gold 4s Feb 1 1917_ F&A 99 99 Columbus (Ga) Electric Co- Frankf Tacony &Holmesb Ry- 4s Aug 1 1932 F&A 98 99% 1st coil g bs 1933, option A&O 87% 1st g 5s July 1940 J&J 98 Bost & Nor ref g 4s '54 _ _ 93 93% Col Lon & Springf—See Ind Col dr East Galveston Electric 00- Georget Row &Ipsw 5s'20J&D 103 104% Columbus Newark & Zanesv- 1st 5sg May 1 1940 op___M&N 92 94 LowLaw&H 1st g 53'23op J&D 104 105 1st g bs 1924 M&S 98 99 Galveston-Houston Elee Ry- Lynn & Bost 1st 5s g '24_J&D 105% 106% Gen & ref g 5s 1926 M&N 89 92 1st Ms t g 5s 1954 opt_ _ A&O 92 95 Bost & Wore 1st 43-4s 1923_F&A 94% 97% Col Buck Lake & New Trac Gary & Interurban Ry- Bridgeton & Millville Trac- 1st g 55 1921 M&N 96% 1st ref g bs 1930 opt 94 95 1st g 5s 1930 J&J 99 100 Zanesville Ry Lt & Power Geary St Pk & 0 1st 5s'21_A&O Bway& 7th Ave—See N Y C Ry 1st con g 5s Oct 15 1912_A&O 98 100 GeorRow&Ips—See Bos & Nor Bway Surface—See N Y C Ry Columbus Ry & Light— Georgia Ry & Elec hs 1932_J&J 101% 102% Bkn City&New—See C I&Bk Cen Market 1st g 5s 1022_.J&J Refg & impt g be '49 e f_ _ .J&J 97% 98% Brooklyn Rap Tran-5s '45A&O 102% Col Ry 1st 4s '39 op '14Q-J 80 82 Atlanta Cons St 5s 1939_ _J&J 105 105% 1st ref g 4s 2002 J&J 83% 83% Col St Ry 1st 5s g 1932 __J&J 102% 105 Georgia Elec Lt 5s 1930 _ _ _J&J 10131 101% Brklyn City—lst 5s '41J&J 101% Cross St 1st bs g 1933_ __J&D 102 105 Atlanta Northern Ry Co- Wm&Flat 43s July '41_F-A 90 04 Col & 9th Av—See N Y City Ry 1st guar 58 '54, op 09._ J&J 97 100 Bklyn tights 1st 5s 1941_ A&O 98 102 Compt Ilts & Mer Ter—See Un ited Ry s. Grand Rap Ry let g 58'16_J&D 100 10134 Brooklyn Queens Co & Sub— Coney Isl&Bklyn 4s 1948_ _ _J&J 75 82 Grand Rap Gr Hay & Musk Ry let m g 55 1941 op '16_ _J&J 08 101 Con g 45 1955 J&J 75 80 1st g 5s July 1 1926 J&J 92 1st con gu 59 July '41_..M&N 97 99 B C & N 1st con 5s 1939_ _J&J 98 101 Greenwich Tram let 5s '31_J&J 105% Bklyn Un El 5s 1950___F&A 3101% Conn Ry & L 43is 1951_ _ __J&J 101% 102% Halifax Elect Tramway Ltd- Stamped guaranteed 101 102 Stamped, guaranteed opt'l_ _ _ 101% 1st M bs 1916 opt J&J 101 Kings Co El 1st 4s 1949__F&A 84% ConRy(New Hav)deb4s'54 __J&J 92% 93% Hamburg Ry—See Buff dz Lak• Erie Tr. Stamped guaranteed 84% 85 Deb 4s 1955 J,ta 92% Hart Man & Rock 5s 1924_A&O 106 Nassau El—lst bs 1944__A&O 101 103 Deb 4s 1956 guar J&J 92 Hart & Springf 5s g 1921_ __J&J 90 93 1st g 4s Jan 1 1951 J&J 78 78% Cons g 3-33%-4s 1930 F&A 8831 Hart St Ry—lst g 4s 1930_ M & S 100 101 Atlantic Ave Con bs g'31A&O 1o1% 103 Cons Tr(N J)—SeePubServCorp Havana El cons g 5s 1952 _F&A 97% 98 Bklyn Bath&WE 5s'33.A&O 98 102 Crosstown St—See Col Ry & L Helena Light & Ry- Brownsville Ave—See Phila Co. Cross St—See Int Tr (,Buffalo) 1st M g 5s Sept 1925 op _ _M &S 90 94 Buffalo & Lackawanna Tract- DallasEl Cor col tr g bs 22Adz() 92 94% Hest Man&Falr—See Phila R T 1st m g 5s 1928 opt J&D 90 06 Danville St Ry & Light Co— Honolulu Rap Trans dr Land- Buffalo & Lake Erie Tract- Ref gold bs 1912-1925_ _J&J 99 101 1st g 6s 1927 op 1917_ _ __M&N 10534 1st & refg g 5s '36 op e f_M&N 68 s 69% Danville Urbana & Champ- Houghton County Traction Hamburg Ry 4s 1926M&N 84 86 1st 53 1923 opt'l M&S let con g 53 1937 J&J 94 96 Burlington (Ia) Ry & Light— DarbyMed&Chest—See PhiIRTr Houghton Co St bs 1920 J&J 98 99 g 5s 1917 gu A&O 100 Dayton Coy & Piqua Tract- Hone El 5s 1925 op 1910__F&A 97 99 Cal Pac—See Los Ang Interurb 1st g 58 1922 A&O 90 94 Illinois Central Traction— CalStCableRR 1st 5e g '15_J&J 100% Delaware Co & Phila—See Un P & Tran s. let Mg bs 1933 op guar_ _J&D Calumet & South Chicago Ry- Denver & Northwestern Ry- Indiana Columbus & E Trac— 1st M rehab g 5s '27op'12FdrA 08% 99% 1st & coil g 5s 1932.. ___M&N 94 95 Gen & ref g 5s '28 op 'll_M ecN 90 92

Caoul'n&Sub—SeePubServeorp Den C Tram—Purch g bs'19A&O 100% 100% Col Lon & Springf 53'20_ A&O 94% 97 :• Canal dr Claib—See NO Ry&I, 1st & ref g 5s 1933 op s f __M&N 9335 95 Indianan Columbus & Sou Tr- Canton-Akron 1st g bs '22_ M&S 97 99 Con Tram con g 5s 1933_ _Act() 1st M g 5s Feb 1 1923_ _ __F&A 1015-4 10254 Canton-Masq 1st g 5s'20_M&N 97 99 Denver Tram Pow Co- Indianan & East bs 1927_ __J&J 99% 100 Can-N PhIla g bs '23 optF&A 96 98 1st imp g gu bs '23 op '08_ AAA) 99 99% Indianan & Green Rap Tran- Capital Tract (Wash, D C)- Des Moines City Ry— 1st g 5s Jan 1 1929 J&J 100 1st g he June 1 1947____J&D 110% 111% Ref g 5s 1921 op 1006_ _ A&O 90 , Indianan & Martinsv Rap Tr- Carbondale Ry 58 Nov '33_J&J 90 02% Det United 4%s 1932 opt_ _Jda 81% 1st g 5s 1932 opt J&J 90 96 Cass Av & F'r Gr'ds—See UnRY Col tr g notes 5s, 1912_ _ _J&J cikio- Indianapolis Northern—See Uni on Tr of Ind. Central California Traction- Det Flee Ry eon g 53 '16..J&D 93 Indianapolis & Northwest Tr- 1st s f g bs, 1936, opt_A&O 94% 95 Det Ry 1st Ss '12-'24_ __J&D 97 1st g 53 1923 opt M&S 94 97 Cent Crosst—See N Y C Ry Det&Flint 1st g 53'21_F&A 89 Indianapolis & Southeast Trac— Central Elec—See KCRy&Light Det Koch Romeo & L Orlon let M g 53 1935 J&J 80 87 Cent Market St—SeeColRy&Lt 1st sk fd g 5s 1920 __J&D 9734 Ind'p Shelbyv & Southeast 1st Central Pass—See Loutsv Trac Det Ft Wayne & Belle Isle- f g be Jan 1 1932 J&J 92 96 Central Ry—SeeUnRy& El(Balt) 1st g 53 Anr 1 1928 A&O 91 Indianapolis Trac & Term Co- Central Tract—See Phila Co Det Mon&Tol Short Line Ry- 1st s f g bs Jan 1 1933_ ...A&O 94 Charleston Cons Ry Gas & El 1st M g 5s Jan 1033 J&J 94 95 Indianan St gen 4s 1933 .J&J 83 84 Consol g 5s 1099 ____ m 97 Detroit dr Northwest- Citizeru3St con 5e g 1933_M&N 104 105 Ch City Ry 1st g 5s 1923_J&J 102% 104 1st g 43%e 1921 op 1911.M&N 92 95 Indiana Union Traction— flhatt Rys—lst con 5s'56.M &N 94% Det & Pontiac-6s g '22_F&A 100 103 let g 58 July 1 '33 op '08_ Adr0 71 77 Cons g 43%s '26 on '11 .IND nS8 92 Indiana Nor 1st 53 '33..A&O 82% gj This price includes accrued interest k Last sale. n Nominal. a Sale price

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis 42 STREET AND ELECTRIC RAILWAY SECURITIES. [VoL. Lxxxxiii. NOTICE.—All bond prices are now "and Interest" except where marked "I" and Income and defaulted bonds.

Bonds. Bid. Ask. Bonds Bid. Ask. Bonds, Bid. Ask Interborough-Metropol Co— Metropolitan West Side "L"- Northern Texas Trac Coll trust g 4%s 1956____Adr0 78% 793 1st g 4s 1938 Co—lst Interborough Rapid Transit— F&A 853 8634 g 5s 1933, opt 1913 J&J 99A Exten g 49 1938 J&J 101 Mtg g 58 Ser A 1952 op_M&N 83 North Ilud Co Ry—See Public Service Corp. 103% Michigan United Rys- North Jer St—SeePubServ NY City Rys—See N Y C Ry 1st & ref g 58 1936 Corp Internat'l Traction (Buffalo)— M&N 85 90 Northwestern Elevated (Chic)— Jack & Bat Cr 5s '23_ _J&J 9754 99 Union El (Loop) Coll tr 4s 1949 J&J f 70% 71 5s g '45_A&0 Jack Cons Tr 5s '34_ __ _ M&N 96 100 Norwich St-1st g 5s '23__A&0 Buff Ry 1st con M 5s g'31_F&A 1033-i 104 Millvale Etna & Sharps—See 103 Deb g 6s 1917 Phila C Oakland Traction Co— Adr0 104 105 Mil El Ry & Lt-5s 1926__P&A 104 105 Gen con Cross St Ry 1st 5s g '32_M&N 103% 5s Jan 18 '35 ...J&J18 8934 10434 Ref & Ext 434 g '31 op__J&J 97 Oak Trac Con 5s 1933 Buffalo Trac 1st g 5s '48_J&D 100 Mil Light Heat & J&J 97 Buff Bell dr Traction- Oak Tran 1st cons f 5s '32 J&J _ Lan bs 1927_J&D 100 1st g 5s gu 1929 op M&N 101 103 Buff & Lock 1st g 5s 1938_J&J 103 Oak Tran 1st c g 5s '31 J&J 103 9834 100 Minneapolis st rys—See Twin OakTr Co con Buff & Niag Falls Elec Ry- City Rapid g Os '18 _ _J&J 1073-4 1st M Transit Oklahoma Ry- 58 g 1935 J&J 103 106 Mob Lt & RR—lst g 58'37_J&D 2d mtg g 55 '21 95 97 1st & ref g 5s 1941 op '21_J&J 95 op '01 J&J 100 Cons g 5s 1941 M&S 85 87 97 'Lockp & Olc 1st g bs '20 _ _J&J 97 Old Colony St Ry /Jet 48 '64 J &J 903-4 91 98 Mob St RR—lst as g'23_M&N 99 100 New Bed Middieb&Brocktin- Inter-State Rys—Col tr g 45 Monongahela St 1943 op Ry—See Phila Co. 1st g bs Jan 1 1920_ _ Att.) 97 1913_ F&A I 57 5734 Montreal St Ry 43-4s '22_ F & A 100 Interurban JA & Terminal 99% So Shore&Bost g 5s 1919.F&A 99 - Montville St Ry-5s'20_ M&N 102 1st g 58 Jan 1 1928 Q-J 95 102% MtAuburnCable—See Omaha & Council BI St Ry- Jackson & CinStIty. 1st consol g 5s 1928_ _ __J&J 96 Battle Creek Traci See Mic Wigan Mt Wash St Ry—See Phila Co. 98 Jackson Consolidated Traction United Rys MuncieHartford&Ft Omaha & Coun Bluffs Ry & Br Jacksonville Traction Wayne- 1st con g 5s Jan 1 1928 J&J 9734 99 - 1st g 58 1935 opt 1925 __ _ _J &J 91 93 1st con 5s Mch '31 opt__ M&S 96 Omnibus Cable (San Fran)--See United RRs. 95 Muscatine Lt & Traction- Oregon Jacksonv El 5s '27 opt_ M&N 99 101 Citizens Ry&L Water Power & Ry—Se Portian d Ry. Jer 1st g 5s'17 A&O 96 Orleans 1111—See N 0 Ry & City Hob & Pat—See Public Service Corp. Muskegon Trac dr Lighting- Lt. Johnstown (Pa) Pass Ottumwa (La) Ry & Light- Ry— 1st g 58 1931 opt 1911___M&S 83 87 Rig g 4s 1931 ___ J&D 86 88 Nashville 1st & ref g 5s 1924 J&J Railway & Light— Ot Trac Joplin & Pittsburgh Ry- Cons g 5s 1953 & L 1st bs A&O op 1908... _J&J 10334 Pacific Elec Ry g 58 1942_ 102 1st g bs 1930 opt M&S 94 95 Ref and ext g 55 1958 ._J&J _J &J 103 Kan City Ry 95 96% Los Angeles Pacific Co— & Lt Co 1st lien Nashv St Ry 5s 1925 J&J 102 104 ret_g 58 1913 opt ____M&N lb 92 94 Edgefleld St Gen cons NI g 5s 1946_ _J &J Con 6s 1920_ _J&J 108 111 1st ref g 4s 1950 opt'15J&J 6% notes Sept 1 1912 __ _ M&S 92 95 McGavock & Mt Vernon- 85 87 Central Elec g 5s 1914_ _M&N 94 9534 Summer LA Pa RR Cal 5s 1943M &S 993-4 St 1st M 6s'26_ _J&J 114 116 Los Ang & Pas bs K C Elev Ry 4s g'd '22_ _ _J&J 80 84 2d series (is July 1.937... g 1928_J&J 100 G't'd _J&J 11734 120 Paducah 'tract & Ligut— 6s, 1922 J&J 106 108 Nassau El—See Bklyn Rap Tr. K C dr Westport Belt— Col trust gold 55 1935 ._ hi& N 75 80 Newark Pass Ry—See Public Serv Co r. let g 5s guar 1926 op J&J 90 94 New Bed MIddleb Park & Cult House—See United Rite (S an Fr.) & Brock—See Old Col ony. Paterson Ely—See Pub Ser Corp. Met Corrigan iss 6s 1916_ _J&J 103 108 New Bedford dr Onset Ry- Met St 5s 1910 ext to'13_M&N 95 1st g 5s 1922 Peekskill Lt & RR-5s '30 A&O 96 100 Kan City J&J 95 96 Penn & Mah Val—See Mat/ & -Western-1st refg g N H & Centrev 1st bs g'33_M&S 106 Shen 11 y & Lt bs 1925 ont Sept 1 l0 _,M&S 84 86 N H St Ry Pensacola ti.3 Co let 55 '31_17& A 9054 92 1st 58 g '13_ _ NUS 10034 People's Tract—See Phila Kentucky Trac & Terminal- Edgew Div 1st g 5s R T. 1st & ref '14__J&D 101 Peoria fly- gu 5s '51 op '14_ F&A 90 94 Winchester Ave bs '12_ __M&N 100 Lexington Ry 1st 5s '49_J&D 95 96 Consolidated 1st & ref 53'12 to'26 op gu P& A Basis 5.20% Kings Co Ry—See that co under "C." Phila Coatesville & Lan Pass Ry El—See Bklyn Rap Tr N J & Ilud fly Ry & Ferry Knoxville Railway & Light— - M g bs lich 1934 op. M&S 110 1st g 4s 1950 opt M&S 83 83% Cons M 55 '45 op '10_ ___M&S 96 N 0 Rys & Light Philadelphia Company- Knoxville Co- 1st colt trust g 5s 1949 _ _ _M&S 10234 Trac 5s 1938_ _A&O 104% Gen M 4%s g 1935------J&J 102% Kokomo Marion & W Trac- 8954 Cons rntge eoll tr g 58 '51 M&N 9934 99% Ref&gen5s'49 op'19serA M&N 863.4 1st g 58 July 1 1933 _ J&J 90 92 Series Cony deb g 5s 1919 F&A 109 B Ardmore St bs 1958.. A&O 9554.2 Lackawanna & Wyo Val R T Canal & Claib 1st 6s'46_ 97% Coll tr 58 1951___F&A _M&N 123 Central Trac 1st 55 1929 __J&J 102 813-4 85 N 0 Cy RR—Gen g 5s '43...I&J 108% LakeSh Elec 1st con g 58'23 J&J 94 96 Citizens' Trac 1st 55 1927 A&O 105 N 0 Cy & Lake 58 1943 _J&J 109 Duquesne Oen g bs Feb 1 1933____F&A 79 82 Power-house 6s Trac 1st 55 1930 J&J 7153 . 105 Lor 1917 _ _ _J&J 102 Fed St & P V 5s May 1 '42 J&J 103 & Clev g 6s '27 op '17_J&J New Orleans & Carrollton— 101 Sandusky Fremont & So- Cons Fort Pitt Trac 1st fis 1935 J&D 103 100 g bs Feb 1933 J&J s 109% Gas Cos—See Gas Secur, p. 44 1st M g gu bs 1936 J&J Edison El 1st 5s 1929... Toledo .Fremont .J&J 105 Milivale Etna & Sharpsb- & Norwalk N 0 Pow-House Co bs '41.J&J 1st g 55 1920 opt 1905_ _J&J jail— 1st g ba 1923 ..M&N 102 Orleans RR 1st 6s Apr'12 _J&J 100 Monong Lake St El—See Chic & Oak Pk. 2d 6s Apr 8 1912_ St Ry bs g 1928_ _J & D 101 102 Lehigh Valley J&J 100 Wilk&EPit 1st g 58 '29 _ ll&S 102 Transit— St Charles St 1st g 4s '52._J&J let M g 5s Dec '35 opt„M&S 101 Newp't Mount Washington St Ry- 10134 & D'ton —See Cin N'port & Covi ngton. 1st & coll tr gu 5s 19:33 let M g 4s Dec '35 opt_M&S 86 New'tNews&Old PtIty & A&O 10054 102 Cons g 4s 1935 EiCo. Pitts Alle & NI gen 58'30_A&0 102 J&D 70 75 1st g 5s Nov 1 1938 M&N 105 Ref & imp g 5s 1960_ _ J&D 87A 90 95 Pitts & Bir Tr 5s g 1929_ li&N 102 Gen g 5s lich 1 1941 M&S 65 & A Trac Lew Br & Bath 1st g bs'18_M&S 94 98 Citizens Ry Lt & Pow— B K 6s 1931 _M&S 102 Lexington Brownsville Av 55 1926_ F& A 102 Ave & Pay Far—See N Y Cit y.Ry. 1st g guar 5s 1940 M&N Lex dc Bost 1st g 434s '20_ 78 85 W Liberty 1st g 5s 1930_J&J 102 _ A&O New W'msburgh & Flatbush— See Bkl yn 104 Lexington (Ky) Ry—See Ky Tr & Term New R T Pitts & Charleroi 5s '32_ _AI& N 101 102 York City RI— Pitts Trac Lima Electric Ry dr Lt Co— Bleecker St&FF 1st 1st 58 1927.... _ _ A&O 10354 105 let 4s '50_J&J 60 70 SoTrac Ist&coll g '50A&0 cons g 5s July 1 1916_J&J 98 100 Bway&7th Av 2d 59 '14__J&J tr 5s 94 95 2d cons g 58 Apr 1 1925_ A&O 94% 99 101 Sub Rap Tran Os 1913._ _M&S lot 9634 Con M bs g 1943 J&D 9934 100 Lindell Ry—See United Rye (St Lo nis) Bway The 2d Ave Tr 5s 1934 _J&D 102 104 Surf RR 1st 58 '24_ _J&J 10134 103 United Traction Little Rock Ry & Elec— Cen Crosstown 1st 6s 5s 1997._J&J 103 let g 55 '22,M&N 1 80 85 WestEnd Trac con 5s '38_ J&J 102% 1933 op 1908...... A&O 105 106 Christopher dr 10th Street— Lockport & Olcott—See Inter net Tr (Buff.). 1st ext 4s Philadelphia & Easton- 1918 A&0 1st M g 4-5s 1927 Lorain & Clev—See LakeShElec Col & 9th Av 1st 5s M&S Los Angeles Interurban '93__M&S 9854 .100% Philadelphia Rapid Transit— Ry— Dry Dock E Bway & Battery. California Pacific 5s 1941_J&J 98 Col tr g 5s1957 op s f__F&A 99 100 1st 5s gold 1932 10134 Darby. Media Los Ang Trac 1st 6s 1915 M&N102104 Cert indebt 58 & Ches St Ry- lst g 5s 1938..J&D 1914__ I 38 40 1st 434 s,'36, op '16, gu_J&J 9254 94% 100 103 Eighth Av cert ind es'14_F&A f 95 Los Angeles Pac—See Pac El 100 Market St Elev Pass fly- Ry 42d St M & StN 2d 68'15_J&J 35 50 1st g gu 49 1955 Los Angeles & Pasadena—See Pac El cc Ry. Interborough-Met—See 1 SIAN 9654 97 Los Angeles underI Union Traction— Ry Corp- Interb Rap Tr—See under I. 1st & ref s I g bs, 1940_ 100 Elec & Peo 4s tr etre '45_ A&O 89% 89% _J&D 1003-4 LexAv&PF'ylst5s g '93_M&S 993-4 100 Hest Man & F 5s 1924..M&N Los Ang Ry Sag 1938__Adr0 10734 Metropolitan Crosstown 103% 105 Louisville & Nor - People's Traction Co— Ry dr Light— 1st 5s April 11020 A&O let g 581925 opt 1910__J&D 90 Metropolitan P P Ry tr ctfs 4s 1943 F&A 93 93% 95 Street Ry Co— Philo Tr col 45 Fb '15'17 F&A Louisville Traction— Ref g 4s Aor I 2002_ 100 Louisv Ry con __A&O 44 48 W Phila Pass 2d 59 '26_ M& N 104 M 58 g '30_J&J 106 10634 Trust Co. ctfs. of dep.. _ 44 Phila&WChester 10234 2d mtg 4348 1940 M&S Stamped 1st bs '18 _J&J 100 102 97 9734 45% Mtge g 4s 1954 Gen M bs, 1950 F&A 101% 102% Gen coil tr g 5s 1997 AU 83 Low Law ds Hav--SeeBost&Nor 75 77 Pitts Alleg&Man—See Philo, Co Guaranty Tr Co ctfs of dep 75 76 Birm Tr—See Lynn & Bost—See Bost & Nor. SecondAy Con 5s Pitts & Phila Co Macon Railway g 48 gu_Fdr A 40 60 Pitts & Charleroi—See Phila & Light Co- Trust Co. ctfs. of dep. _ Co 1st cons g fis '53 op %3 40 60 P licK & Con—See W Penn '08 J&J 97 99 South Boulevard g 5s '45_J&J 65 Rye Mahoning & Shenango Ry & L- 75 Pitts McKeespt & Greensbity- South Ferry 1st 58 1919 _ _ A&O 85 95 1st g 59 1931 1st con ref 5s 1916 opt...J&J 963.4 9834 Tar W P & Mom 5s g J&J 80 87 Penn & Mah Val 5s 1922..M&N '28..M&S 60 80 Pitts Trac—See Phila Co 102 104 Third Ave let 5s g 1937_ __J&J 109% 111 Portland (lie)R- Youngstown-Sharon Ry & L— 1st cons gu g 4s 2000 _ let M g bs 1931 _J&J 1st g 4%91913_ M &N J&J 97 98 Central Trust Co ctts stp__ Manchester(N H)Tr L & Pow 63 64 1st cons g 3548'51 opt '31J&J - 34th St Crosst 1st 5s '96 A&O n 75 85 Portland 1st con 58 1921 A&O 101 104 & Cape Ellz fly— 28th & 29th St 1st 58 '96 A&O f 18 25 let Hg 5s Nov 1 1915_ Manhattan El con 4s g '90_ A&O 9634 1st bs g li&N Stamped Union Ry 1942F& A 102 103% Portland (Ore) 11,y- tax exempt 96% 9634 Westchester El 1st Sag '43J&J Manila Elec RR & Ltg Corp— 65 74 1st & ref g 55 1030 op.._..M&N 98 98% let Yonkers Ry 1st 58 1946 A&O 80 85 City & Sub Con (18 '16 lien & col tr g 5s '53..M&S 90 N Y & Queens Co 4s g '46 op M&S Manila Suburban Rys— AM) 70 78 Cons g 4s 1930 op 1915_J&D Steinway Ry—lst g 6s '22 Mi 100 104 Oregon let Msfg 55 guar 1946 _ _M &S 82% 8754 NY&Stamf'd—Ist Water Power & Ry- g 58'31_A&O 104 106% 1st g Os 1932 op 1912. Manistee (Mich) Light& Trac— 1st &ref g4s'58op af'1 4go m N 90 .J&J 101 let mort g 55 1926 J&J 94 Portland City & Ore RI- 17 N Y Westchester & Boston Ry 1st Market St Elev Pass—See Phila Rapid Transit g 6s 1921 op 1911F&A15 09 Market 1st M g 454s 1946 guar_ _J&J 9734 97% Porto Rico Rys, Ltd- St (San Francisco)—See United RRs. Norfolk & Portsmouth Maryland Electric Rys— rract- 1st g 58 Nov 1 1936 op...M&N 8934 90 1stg 5s 1936. J&D 8834 89 Powell Co—See let s f g guar 58 1931 red_A&O 0834 9854 Norfolk Railway & Light— Un RR (San Fr) Balt & Ann S L 5s 1946_ _F&A 7254 80 Providence Securities Co— Ist cons g s f 5s 1049._ __M &N 99% Deb g 4s 1957 gu..MezN Massachusetts Electric Cos— Norfolk St 1st g 5s 1044 op '17 8554 Boston & _ .J&J 104 R I Sub 1st g en 4s 1950_ _J&J 84 Nor—See that co. North Carolina Pub Sera Co- Old Colony—See that co. United Tr & El 1st Ss '33_ M&S 10434 to tu 1st & ref 58 1934 opt _ _ A&O 90 McGavock & Mt Vernon—See Nash R y dz L 92% Public Service Corp of N J— Memphis North End St—See Wore Con St Trust certs 2% perpet._ Street Railway— Northern 10 6% 1053-4 106A Con M g 5s 1945 Elec Co (California)- Gen g 5s Oct 1 '59 op _A&O 93 J&J 99 9954 tst s f gbs 1955 oot 1914 A&O 91. 93 Citizens St RR 1st g 6s'16_J&J 105 107 Col tr g notes bs, 1913A&0 10034 101 Meriden Northern Ohio Trac & Light— Camden Sub let 5s 1946_ _J&J Electric RR— let consol g 5s 1933_ 10454 10554 Mar Horse RR 1st bs 'll_A&O J&.1 85 8834 Cons Trac 1st be 1933 _ _ _ _J & D 100 let consol g 4s 1033 ----- J&J 10454 10554 Gen M g 58 1921_ _ J&J 105 75 Ells Plaint dr Cent Jersey Ry- North Ohio con g 5s 1919..J&J 100% 1st Metrop-Crosst—See N Y City fly AkronBed&Clev g bs Dec 11950.. __J&D 97 99 Metropolitan RR—See g 5s '15_ ll&S 99% Gas Cos—See Gas Secur p. 45 Wash Ry & Elec Northern Texas Elec Co— Met St Ry—See N Y City Ry JO Hob & Pat 48 1949 ._ NI& N 76 77 Col tr s f g 5s 1940 op ___J&J 95 96 • • 1 This price includes Newark Pass con 5s g '30 .J 106% accrued interest. k Last sale. n Nominal. s Sale price.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis 43 SEPT. 1911.1 STREET AND ELECTRIC RAILWAY SECURITIES where marked "f" and income and defaulted bonds. NOTICE.—All bond prices are now "and interest" except Ask. Bid. Ask. Bonds and Stocks. Bid. Bonds. Bid. Ask. Bonds, Trac—See Phila Co Third Ave—See N Y City Ry West End Public Service Oorp—(Con)— Green & Southern Western N Y & Pa Trac- Co Ry 1st tis 1914_J&J 101 102 Toledo Bowl 95 N Hud 1st g 5s May 1 1921 M&N 80 85 1st & ref g bs 1957 opt'12_J&J Cons M 5s 1928 J&J 102 Ry—lst bs 1921 __M&N 92 Tel Frem & Nor—See LakeShEl W Ohio 2d 5s extended to 1924.M &N 100 40 Certificates 87 77 . To! Rys & Light g 4s 1909.J&J f 50 Nor Jersey St Ry 48 1948 M&N '09 West Liberty St—See Phila Co. Pass Val 1st 58'38_J&D 92 95 TolConStRy—ConlstbsJly Or & Ext at 6% to 1912 op_J&J 99 West Penn Railways Co- Paterson Ry—Con es g '31J &D 114 1st g bs Jan 1 1931 A&O 99% 100% 101% 103 ToledoTract cons g 55 Jly '09 2d 6s Oct 1 1914 op__ _ _A&O to 1912 op_J&J 99 Pitts McKees dr Connells RR— 1st M 5s g'21.A&O 103 Ext at 6% 1024 RapTrStRy Tal & West Ry 1st g bs '26..J&J 61% 63% lat cons g 58 Jan 1 1931 _ _J&J So Jersey Gas Elec & Trac— '30 op '15 _ _J &J 97 99 West Penn Traction Co- _M&S 98 99 Topeka Ry—Ss 96% 974 Guar g bs Mch 1 1953_ Toronto Ry 44s '12-'21 __F&A 96 97 1st g 5s, 1960 J&D Puget Sound Electric Ry — St Ry—con g 5s '38 _ _J&J 98 101 W Phila Pass—See Phila R T 1st g 5s 1932 op__ _P&A 88 93 Trent Light- consol 100 Trent Penn & Hop 5s '43_J&D 96 99 Whatcorn Co Ry dr eonv g notes bs 1912_ _F&A 99 1st M g 5s 1935 M&N 93 100 101 Tr -City Ry & Light- 96 6% g notes 1912 F&A g 5s 1923_ _ _. _ A &O __ . _ 973 Wheeling Trac be g 1931_ _J&J -61 98 1004 Coll tr s f M&S 102% TacomaRy&Powlatbs'29.A&O Troy City Ry—See Un Tr(Alb) Wheel Ry 1st g es 1922 Puget Sound Power Co- N Y CityRy Wilkes Barre & Hazleton RR- J&D 100 101 % 28th&29th Sts—See 15 f 62 64 1st g gu 5s 1933 op Twin City Rapid Transit Co— . 1st coll tr g 68 195L_ _M&N Quebec Ry L H & Pow— 103 Col tr term 5s,'45,op'10_A&O 80 J&D 80 80% Minn St R 2d Os 1913_ _ _M&N n102 Cons g 5s 1939 opt '19_ .J&J 15 101% __ .-- Wilkes & WyoVal-5s '21_ A&O 102 103 United Ry Con 5s g Jan 15 Rapid Ry—See Det St Paul Cy—lst g 68 '32_A&O 114 Wilkinsb&E Pitts—SeePhila Co litapidTr St Ry—See Pub Ser Cor ..A&O 114 118 Wilm & Ches Tr g Ss 1918.. A&O 1933_ _J&J 120 125 1st cons es g 1934 Reading Traction 6s 5s g 1937J&J 15 1064 WinchesterAv—SeeNHav St Ry &Womels—lst5sg'25 J&J n 100 102 Cable eon 105 Read Guar g Ss 1937 J&J 1064 Winnipeg El—lst ref bs '35_J&J R I Sub—See Providence Sec Co Worcester & Conn Eastern- Va P & Pow Minn St & St Paul City— Rich Pass & P—See g 5s 1928_ __A&O 103% 104% 1st s f g 4%81943 J&J 1024 de Janeiro Tram L & P— Cons guar M&S 96 Rio 98% 100 Underground Elec of London Wore Con St 44s g 1920_ lat g 5s 1935 J&J 94 964 Deb g 55 1927 M&N 106 107 op_J&J 1014 102 4%s Jan 1 1933_ _ J&J Roch Ry & Lt 5s 1954 Ry""" 1 58% 61% North End bs 1915 F&A. 98 bs g 1930 A &O 103 107 Income es Jan 1 1948 Roch Ry cons Depot—See United Rys St Louis) Wore & Clinton 1st g 5s'19J&J 98 2d Ss g 1933 J&D 1013 103 Union Wore & Marlb 1st 5s'17 _ _A&O 98 _ M &N 87 87% Union Elev—See Northw Elev Roch Syr & E 1st 5s 1945 City Ry Wore&Southblst 44s '22_M&S 90 & Inter-Urban Ry- Union Ry—See N Y 97 Rockford & Elec Co MD— Worc & Web lst g 5s 1919.J&D 1st g bs 1922 op 1907_ _ _ _A&O 98 Union Ry.Gas N Y City Ry tr g bs 1939 cony op.J&J 90 93 Yonkers Ry—See Rockford & Freeport 1st g gu Col Youngstown & Ohio River- op aft Feb '10_M&N 97% UnionStRy (NewBedford,Mass) 98% 5s 1923 J&J 100% 1st M g 5s 1935 opt '15_ A&O 97 Rock B & J 1st g 5s '30 guA&O 92 95 Con g bs 1914 L—See Man &S Ry & L Union Trac Co of Indiana- Youngs-Sharon Ry & Rutland Ry Light & Power- J&J 95% 964 Zanesv Ry L & P—See Col New & Zane sy 1st M g 5s 1946 .M&S 92% 96% 1st g Ss July 1919 North'n 5s 1932_J&J 85% 86% STREET RA I L'Y STOCKS Par Sacramento Elec Gas & Ry— Indianan corn....100 11 20 1024 Union Utilities Co- Albany Southern RR Cons bs Nov 1 1927 M&N 97% Preferred 00 40 50 -Bay City Ry- 1st s f g 5s 1944 opt_ __J&J Saginaw Tran- APegheny Tract—See Phila Co 1st & ref g bs 1935_ _ _M&S 90 95 United Power & 100 264 27% 98 100 DelCodrPhila tr etts 45'49_J&J 70 75 Amer Cities Co corn Saginaw Val Trac 5s 1920.P&A 75 76% Preferred 100 824 82% BayCyGa s—SeeGasSec's,p.44 United Rys tr ctfs 4s '49.._J&J San Fran— Amer Cities Rys & Lt corn....100 754 St Charles St—See N Or Ry & United RRs of 100 1004 g 4s April 11927. __ A&O .. 67 Preferred St Joseph Ry Lt Heat & Pow- S I 101 American Railways Co be d 444 -441- 98% 99 Ferries & Cliff es 1914 M&S 1st g bs Nov 1 1937 M&N 974 Aurora Elgin & Chicago..___100 40 44 Market St con g bs '24_ _ _M &S 87 St LouisCable—SeeUnRys(StL) 1st 6s g '13 _J&J 1004 Preferred 100 84 St L Cable&W—SeeURys(St L) Market StCab 125 140 Omnibus Cable 1st es '18_ A &O 105% Bangor (Me) Ry & Elec.._ _100 St L & Mer—See Un Rys (St L) 1st 65 '13_J&J .100 Birm Ry Light & Power...... 100 120 St L & Un Rys (St L) Park & Cliff Ho 102 • Sub—See Park & Ocean 1st es 1914_J&J 99 101 Preferred 100 St L Tran—See Un Rys (St L) 99 BleeckSt&FulFy—SeeNYCy Ry T Powell St RR 1st es 1912_M&S 127% St Paul City—See Twin Cy R g 58 1918_M&N 97% 100 Boston Elevated RR 100 127 Sand So—See LakeShEl Sutter St 1st corn...... 50 d 87 88 Frem & Unit Rys & Elec (Baltimore)- West End St eet Ry San Fran Oak & San Jose Con— 844 Preferrea 8 per cent 50 d 100 94 1st consol g 4s 1949 M&S 128 Con 5s May 19 1938__M&N19 g 4s 1949 op '29_J&D f 62% 63 Boston & North St Ry pref_100 126 Ry 1st 5s '33 J&J 1034 Incomes Elec Cos 12% 14 SFO&SJ 944 Inc funding g bs 1936 ._J&D 86% 87 Boston Suburban 2d M g 58 1933 s f _J&J 92 103% Preferred 75 cos B C &Ell Mills 58g g'ci '1"e_J&J 102 San Fr street rys—See respec 100 1004 Boston & Worcester Elec Cos.. 12 L & P, Ltd- BaltCityPas 1st 5s g'11__M&N 56 Sao Paulo Train Pt & Ches- Preferred 1st g 5s June 1 1929 J&D 100% Bait Sparrows 72 1st g gu 43-s 1953 F&A 97% B'way & 7th AY—SeeNYCyRy Savannah Elec Co Ss g 107 108 Brooklyn Rapid Transit..___100 75 754 Railway Co- Balt Trac Co 1st M bs'29_M&N 163 168 Schenectady Bait Div 1st 68 '42_J&D 110 1104 Brooklyn City RR 10 1st g 4%s 1941 op 1911_M&S 101 No Co pref_ _100 10.5 Cent Ry con M g bs 1932_ M&N 105 107 Nassau Electric Consol g 4%s '53 guar _M&N 107 Calif St Cable RR (San Fran)100 135 Trac—lst 581943_ A&O 90 Ext & imp 5s 1932____M&S 105 Schuyik & Sub 1st bs 1922JdED 105 106 Camden&Sub—See Pub Ser Cor Scioto Valley Traction- City D C)__ _100 129 131 98 100 Lake Ro El 1st 59 '42 _ _ M &S __ _. 109 Capital Trac(Wash 1st s f g Ss 1923 M&S Cent Crosst—See N Y Cy Ry Scranton Ry-1st bsNov'32 100 101 Md Elec Rye—See under "M" 973,4 983,4 Unit Rys (Phil a)—See Unit P&T Cent Pk N&ERiv—SeeNYCyRy Gen g bs 1920 opt M&N of St Louis- Char Con Ry Gas & Elec Co_ _50 d 34 Am Rys Tr ctfs—See Am Rys United Railways 34 35 114 Gen g4s July 1 1934 J&J 77% Chattanooga Ry & Lt, corn.. 100 Scran Trac 1st es g '32_ .M&N 111 100 74 70 n 105 1074 Baden & St L 1st bs g '13_J&J 99% 100% Preferred Scran & Carb Tr 1st es '23_3&J 1st 99%3 1004 Chicago City Ry 100 190 es '23_ _A &O n105 1073,4 CassAy & F Gils bs '12_J&J 24 25 Scran & Pittston Ry l bs 1911 Chicago Elevated Rys corn Seattle Elec 1st g Ss '30 op_ P&A 1034 105 Lindell 88 90 97 99 exten at 43,4% to 1921F&A Preferred Con & refg sf 58, 1929_F& 1024 Chicago & Oak Park _ _100 2 3 100 101 Comp H & M er Os'13__J&J 101% Convertible Av es g 1913 J&J 101% 1024 Preferred 100 5 7 Seattle Ry 68 1021 op M&N 101 103 Taylor St Louie Ry (B'way) 68 1910 Chicago Railways— Seattle-Everett Traction— 1020...M&N 974 973,4 Participation Certfs Ser 1..___ 90 95 lot Mg 5s 1939 op 1914_ M&S 96 97% ext at 44% to 27 28 Southern Elec 5s 1916_ _ _ F&A __ _ __ 102 Series 2 Second Ave—See N Y City Ry Series 3 10 12 Phila Co Southern Ry 6s 1915_M&N 103% Second Ave Tract—See g &D 106 106% Series 4 6 7% Sedalia L & T 1st 5s 1926_ _J&D 36 -____ Union Dep con Os 1918A St L & Sub 1st bs g 1921_F&A 1014 1024 Chicago Union Traction— Sharon & New Castle fly- . _ _ 87% Corn Cent Tr etts dep stpd _ _ 1st g bs guar 1931 J&J 964 98 Gen g 5s Apr 1 1923 gu_ A &O 4% 6 let M es '14M•dr N 103% Pref Cent Tr cas dep stpd__ Sioux City Service Co- StI.Cab&W St L At Meramec 6s g'16M&N 104% 105 Chris&lOth St—See N Y Cy Ry 1st & ref sf_g 5s '28 op_ _J &J 93 96 & Tot Tr corn 100 23% 95 08 St Louis Trans Co 591924.A&O 84%3 On Dayton Sioux City Tr 1st Ss 1919..J&J Cincinnati & Hamilton 100 74 80 South Coy & Cin--See Cm Newp & Coy United Rys Investment Co- 107% 1st lien coil tr s f g bs '26..M&N 82% 84 Preferred 100 103% So Boulevard—See NY City Ry New & Coy Lt & Trac_ _100 97 98 Rya (St L) United Traction (Albany)— Cin South Elec Ry—See United 98 Preferred 100 844 Light & Traction— Deb g 4%s 1919 M&N 97 129 131 Southern Con g 4%s 2004 J&D 96 97 Cincinnati Street Ry 50 Coll tr g bs 1949 opt M&S 97% Citizens' Pass—See Phila R T Tr—See Cin Day A Tol Tax exempt J&D 96 South Ohio Albany Ry con M 5s g 1930J&J 104% 106 Citizens' Trac—See Phila Co Southern Trac--See Phila Co Pass Ry—See Reading Tr. Ry Gen g Ss 1947 _ __ _ _J&D 105 106 City South Ferry—See N Y City 107 108 City Ry (Dayton, Ohio)_ _ _ _100 170 & T—See Pub Ser Corp WTurndiRR 1st "g 65-'191M&N 154 South Jer G E 2d g es 1919 M&N 107 108 Preferred 100 149 South Sh & Bost—SeeOldColony Ry Ss g 1942A 106 108 ClevelandRy 100 994 100% So Side El 4%s 1024 op '10_J&J 96% Troy City &O 30 Unit Trac(Pittsb)—See PhilaCo Clev Painesy & Eastern_ _ _ _100 20 Southwest Missouri RR— Clev & So West Tract 100 4% 5 1931 _ _ M&S n 90 95 Unit Tr & El—See Prov Sec Co 344 Gen & ref g bs Valley Ry- Preferred 100 33 Southwest Missouri El Ry— Utica & Mohawk 83 85 07 100 1st g 44s 1041 __M&S 97 99 Columbus fly—Common...... 100 Ref Jr ext 5s 1923 M&S 110 Preferred 100 95 97% Empire RR UticaBeltL 1st g 5s 1-939... M & N 104 41 Spokane & Inland J&J 102 108 Col Ry & Lt Co ($20 paid)_100 40 1st & ref g 5s 1926 opt M&N 98 99% 2d g Ss 1931 57 58 & Power- Commonw'h Pow Ry&L corn 100 Springfield (III) Ry & Lt Co— Virginia Ry 100 89 89% 93 05 1st & net g bs 1934_ _ _ _ J&J 96 973,4 Preferred Coll tr a 5s 1931 opt_ Coney Island & Bk RR...... 100 50 55 Ry & Lt Co- Rich Tr 1st 5s g Nov '26. J&J Springfield (Mo) Vernon Conn Ry & Lighting_100 74 76 1st s f g bs 1926 Opt...... M&N 95 96 Wash Alexandria & Mt 11. 80 82 1st g 55 1955 op M&S 92 98 Preferred Steinway fty—See N Y & Qu Co • Cons Trac of NJ—See Pub. S. C Sub Rap Tr—See Plata, Co Wash Arlington & Falls Ch Ry- R T. 1st con 5s 1958 M&S Contin Pass—See Phila SutterSt—SeeUnlted Ras(SanF) Dallas Elec Corp common_100 20 25 & Nor- Washington Bait & Ann El- Syracuse Lake Shore 80% 1st preferred 100 91 92 1st m g bs '47 opt '17_ _ &N 93 96 1st M 5s Mch 1941 op __M&S 794 Wash Ry & Elec g 4s 1951_J&D 8.5 86 • 2d preferred 100 58 Syrac Rap Tr 1st g 58 1948 M&S 1014 1024 Dayton & Western common_100 105 J Anacost & Pot bs 1949_ _ _ A&O 1004 2d nag g Ss 1930 100% Preferred _100 105 120 Tacoma Ry & P—See Puget Sou nd Elec Guaranteed 143 150 & Sub 5s g 1948.. ..F&A 102% Denver &Northwestern Ry.100 Tampa Electric Co— City Detroit United Ry 100 x 6534 654 s __J&D 98 100 Columbia St 1st es 1914..A&0 103 lst M g 5s 1933 fop 101 Duluth-Superior Trac Co _ _ _ _100 80 81 WP1& Ma—See NYCIty Ry Extension g bs 1914____A&O 70 Tar'n 1st 5s 1925..F&A 107 1.691i Preferred 100 65 Tann & Brock 1st g bs'17'&A 100 Metropolitan corn.....lsi 3 6 _ 100 Washington Water Power Co— Eastern Penn Rys Taunton St Ry—Ss 1914 J&J 104 Easton Consol Dec($25 pd)_ 50 d 20 21 Un Rys of St Louis) Consol & coil tr g bs 1929 _ _J&J 102% Taylor Ave—See 103 104 East Read'g El—See R'd'g Trac Indianap & East- 1st refg, g, bs 1939 _J&J 29% Terre Haute & RR— See Un Tr (Al) East St Louis & Sub 100 28 1st & ref sf g bs '45 op _ A&O 96 97 Watervliet Turnpikeop__" 68 70 WestehesterElec—See NYCyRy Preferred 100 Terre Haute Trac & Light- Eighth Av—See N Y City Ry. 1st con M g 5s 1944 M&N 98 100 West Chester (Pa) St Ry- 7 1932 F&A 83 85 El Paso Elec Co common.. ..100 82 Terre Haute EI-5s '29 J&J 100 lst g 5s Aug 100 943% 96 W Chic St—See Chic Union Traci Preferred Texas Traction- 1,17..• L'n.4 Cf - 0.. I3...-... 'En Fairm t Pk&Had—See PhilaR 1st s f g bs 1937 opt J&J CIA int. k Last sale. it Nom. s Sale price. x Ex-div„ y Ex-rights c Assessment paid. d Price per share, not per ct. f This price includes accrued

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis 44 STREET RAILWAYS-MISCELLANEOUS SECURITIES. [VOL. LXXXXIII. NOTICE.—All bond prices are now "and interest" except where marked "f" and income and defaulted bonds. Stocks. Par Bid. Ask. Stocks Par Bid. Ask. Stocks. Par Bid. Ask. Fairmount Park Trans 50 dk 8 New York City Ry—(Concluded) Federal Light dr Trac com_100 Puget Sound Electric Ry___100 14 15 38 3934 Cent Pk North & East Riv_100 10 20 Preferred Preferred 100 78 7934 nristopher dr 100 70 75 Ft Smith Lt & Tr pref Tenth Sts_ _100 95 120 Quebec Ry Lt Heat & Pow_100 57% 100 90 92% Eighth Ave 100 57% Ft Wayne & Nor Ind Tract _ _100 18 275 310 Railways Company General..10 d 1034 11 22 42d St & Grand St Ferry 100 190 220 Reading Traction Preferred 100 65 75 42d St M & 50 d 30 Galveston-Houston St Nich Ave_ _100 City Passenger Ry. 50 d Elec Co 100 64% Metropolitan Street RR _100 145 150 Preferred 100 East Reading Electric Ry_ _50 d 75 94 95 Ninth Ave guar 6% 100 150 175 Republic Ry Gary & Interurban 25 d1834 21 Second Ave & Light corn..100 28 31 Geary St Park & 100 9 13 Preferred 100 Ocean RR_100 Sixth Ave 100 75 80 Georgia Ry & Electric Co ___100 161 120 126 Rio de Janeiro Tram L & P_100 112% Preferred 165 Third Ave 100 734 8% Roch Ry & Light preferred 100 x92 Twenty-third St guar _100 x 89 90 Grand Rapids Ry preferred 100 190 215 Rochester Syr dr East pref_100 .100 80 85 N Y State Rye corn 100 80 Halifax Elec Tramway Co_ _100 148 85 Rutland Ry Lt & Pow 100 n 25 30 First preferred 100 93 96 St Jos Ry Lt Havana Electric Ry 100 93% Norfolk Railway Heat & Pow...100 38 40 Preferred dr Light_ 25 d25 Preferred 100 80 84 100 98% Northampton (Mass) St Ry.100 t115 117 Holyoke Street Ry 100 185 Sao Paulo Tram L & P Ltd _100 175 Houghton 190 Northern Ohio Tr & Light_ 100 51% 53% Savannah Electric County Tract com100 75 80 North Tex Elec Co corn_ Co 100 5 6 Preferred _100 97% 98% Preferred 100 22 25 100 92 94 Preferred 100 x95 • Illinois Traction preferred __100 90 92 North Scioto Valley Tract corn. 100 23 Indianap Western El (Chicago)_100 First preferred & Southeast Tr pf_100 80 90 Preferred (voting trust)__100 .100 100 Indianapolis St Ry Co Preferred 100 90 100 102 103 Ohio Traction—Common. 100 50 Indianapolis Trac dr Term_ _100 96 Preferred 54% Seattle Electric Co 100 108% 10934 Indiana Union Traction__ ..i00 100 90 100 Preferred 100 103 11 13 Omaha de Council Bluffs.. __100 65 Interborough-Metropolltan Co— Preferred 75 So Jer Gas Elec & Tr—See Publi c Servic e Corp Common 100 81 South Side Elev (Chicago)_100 vot tr ctfe 100 14% 14% Ottumwa(Ia)RydrLt pref_ Preferred 100 100 Southwest Missouri RR _ _ _100 44 50 43% 43% Pacific Coast Power cora _100 105 Pref voting tr ctfs s 40% s 41 Preferred Spokane & ml Emp—Cap stk100 n 30 35 International 1rac (Burfalo).100 100 100 Preferred ctfs 100 n 46 52 353. Paducah Tr & Lt com 100 8 Preferred _100 74 Preferred 10 Susquehanna Ry L & Pow— Inter-State Rye preferred... 10 100 40 Pref (with 25% corn stk)100 95 100 8 Pensacola Electric Co, com__100 23 Interurban Ry dr Term pref_ _100 90 Preferred 28 Syracuse Rapid Transit_ _ _ _100 60 70 Jacksonville Traction corn_ _100 100 90 Preferred 100 97 100 121 123 Philadelphia Co (Pittsburgh) 50 d 51 Preferred 100 116 Preferred 52 Tampa Eiec Co_ 100 139 Kansas 60 d42% 42% Terre Haute Ind & East City Ry & Lt. corn 100 16 19 Allegheny Traction 14 16 Preferred 100 40 45 50 Preferred 65 67 Citizens Traction 50 Terre Kentucky Securities Corp.._100 15 1534 Federal 56% Haute Tr & Lt, pref.100 10136 St & Pleasant Val_ _25 25 Toledo Bowling Green Preferred 100 55 60 Pittsb & Birmingh'm Tr & So_100 Kokomo Marion & West Tr_100 50 d25 30 Toledo Rye & Light Co 100 5 6 61 United Traction pref 50 d3934 40% Toronto Lake Shore Elec common___100 6144, 6% Phila Rapid Tran Railway 100 y 132 let Preferred Vot TrCerts 50 d22% 23 Tri-City Ry & Light corn. _100 29 31 100 81 Citizens Passenger guar_ 50 d297 2nd Preferred 100 20 Continen Preferred 100 n 93 95 Lancaster Pass Ry ($29 pd).. 50 dsl 2534 23d Street—See N City Co(Pa)Ry& L pref 50 41 46 Fairmount Pk & Ilad'gt'n_50 Y Ry Leh Val Tr corn vot tr ctfs__ 50 k60 Twin City Rapid Transit... _100 105 108% d8 8% Frankf'd & Southwark Pass 50 d s 387 Preferred vot tr die_ __ 50 d 213-i 22% Germantown Preferred 100 132% 145 Little Passenger_ _ _ 50 ds118 s 118% Union Ry, Gas Rock Ry & Elec 100 120 Green & Coates Sts($15 & Elec com_100 44 45 Preferred 100 pd) 50 k 122% Preferred 100 86 102 Hestonville M & F COM __ 50 tl k 87 Louisville Traction Co 100 923 92% 45 Union StRy(New Bed,Mass).100 192 Preferred 50 k65 Union Traction Preferred 100 1103 Phila Cy Pass Ry of Indiana_ _100 27 29 Idanhat Elm! Ry (N Y)__ _ _100 ($2334 pd)50 ds156 8 158% Preferred 100 87 134 137 Phila&Grav's Fy (125 pd)..50 90 Mass Electric Companies___100 17 17% Philadelphia k81 United Railways of St Louis— Preferred Traction 50 d 84 85 Common voting trust ctfs 100 8734 88% Ridge Ave Pass ($25 paid). _100 934 Memphis Street Ry corn... _100 50 k 251 Preferred 100 41 425. 46 2d & 3d Sts Ry guar 50 Preferred 100 73% s 252 United Rye & Elec (Balt) corn 50 d 17% 18 13th Jr 15th Sts Pass Ry_ _ _50 s 258 United Rye Investment Metro West Side El (Chic). _100 Union Pass ($30 5-6 Co.100 32 35 Preferred 100 paid)_ 50 210 Preferred 100 59 60 Union Traction ($1734 paid)50 d 50 Mexico Tramway 100 115% 11634 West 50% United Trac dr Elec—See Prov Sec Co. Kilw Phila Pass guar 50 s 215 Virginia Ry & Pow corn... _100 Elec Ry & Light pref..100 103 105 Pittab & Birm—See Phila 38 38% Montreal Street Ry 100 Co. Preferred 100 7734 7834 225% 226 Portland (Ore) Ry, Lt & Pow— Washington-Va Nashville Ry & Light 100 71 New stock (65% Ry, corn 100 42% Preferred paid) x 67% 69 Preferred 100 77% 78% 100 90 Porto Rico Rys Ltd 100 65 New Bedford & Onset Ry___100 50 55 Presidio 65% Wash Ry & El Co common _ _100 43% 44% &Fer RR(San Fr).. _100 Preferred New Eng Inv & Sec pref gu 100 93 96 Providence Securities Co-- 100 88% 88% New Orl Rye & Light Co ..l00 41 Washington Water Pow Co.100 135 140 45 United Trac & Electric...100 100% Western Certificates of deposit 35% 3634 Public Service Ohio RR Ws 100 27 Corp of N J.._100 110 117 West Penn Rye preferred_..100 Preferred 100 81% Camden & Sub ($5 paid)._ 74% 75 Certificates of deposit _25 d 17 18 West Penn Traction com___ _100 49 72% Consolidated Trac of N j 100 75 50 New York City Ry— Jer City Hob & 76 Preferred 100 73% 74 Bleecker St & Paterson_ _100 85 Whatcom County Ry & Lt_ 100 Fult'n Ferry 100 15 21 North Jersey Street Ry_ __100 30 Bway & 7th Ave guar__ __100 120 140 65 Preferred 100 Rapid Transit St Ry Co.. 100 235 240 Wheeling Traction_ Central Crosstown 7%__ _ _100 90 So Jersey Gas Elec dr 100 95 96 Tree 100 130 Winnipeg Electric Ry 100 230 234% d Price per share, not per cent. k Last sale. n Nominal. s Sale price. t New stock. x Ex-dividend. y Ex-rights. MISCELLANEOUS SECURITIES. Quotations marked "j" indicate that accrued interest is that is, included in the price. Prices not marked are "and interest" purchaser has to pay accrued interest in addition to the price. This, however, and bonds in default, in which does not apply to income bond. 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. La Belle Ir Works Os '23_.J&D 10334 Sloss Iron & COAL, IRON & STEEL BONDS. LackSt'l 1st g 5s'23op S Co let 6s'20_F &A 105 107 Ala to'06A&O 98 98 Cons 434s 1918 A&O Steel & Shipbldg—See Tenn C I & RR 1st 5s 1950 opt aft 1915_ 94 96 Beach Creek Coal & Coke M&S 80 81 Southern Iron & Steel— Co Cony deb5s'15 red aft'13.M&S 93 93 let let s f gu g 5s 1944 op'07J&D 86 90 Latrobe-Connellsville & ref g 4-58 1929 op A&O f 24 27 Bethlehem C & C- Span-Amer Iron Co—See .Pa Ste el Steel Corporation— 1st s f g 6s 1931 opt.....J&D Beth St let ex g Ss '26gu J&J 100 101% Sun Crk Co col tr s f g 5s'44 _J&J 66 9334 9434 Lehigh Coal dr Nav-4346'14Q-J 101 Sunday Creek Coal g '12_J&D Beth St pur m 6s Aug '98 Q-F 117 Railroad, gold, 4s, 1914 Q_F 6s 100 6% notes 1914 100% Temple Ir 1st & col trg4s'25 _J &J 103 105 M&N 100% 100% 6s extend to 48 g 1914 _J&D 99 Bon Air Coal 2d ser 68 '28_ J&J 90 100 Tenn CI & RR. Gen g fis'51 J&J 102 103 Buffalo Gen M g 434s May 1924..Q.}' 103% Tenn Div 1st 6s Jan '17A&0 106 Iron 5s 1925 A&O 80 85 Funding 4s g July 1 1948.J Buffalo & Susq Iron Co- &J 95% Birm Div 1st con tlis '17 .J&J 103% 104% Coll tr g 434s 1930 opt_ _M& N 102% 102 Ala Steel&Shipbdg 6s '30.J&J 106 1st g 58 1932 op Dec '07 J&D 97% Leh & W-Barre 108% Deb g 5s Jan'26 Coal—See Cent RR of NJ, p3 Cahaba CMCo laths '22_ _J &D 106 110 op 1910M&S 88 90 Maryland Steel let 5s 1922_F&A 101 Olairton Steel g 5s '12 to '13 J&J b 6% 102 Union Steel Co 1st 5s'52 gu J&D 10434 105% 434 % Mexican Coal & Coke- U S Steel Corp— Col Fuel & Iron-5s f '43_ F&A 101% 1st M g 55 1926 opt Col Fuel Co 68 gen g '19_M&N M&S 50 Col tr s f 58Apr'51 op '11Var. 114% 115 107% Monong Riv Coal-6s 1949 Ade° 114% 115 5sApr'51 not Gr'd Riv C&C g 6sJ'ly'19 A&O 90 N Y Susq&WCoal--6s Col tr e f opt Var 114% 115 Colorado Industrial— '12_M&S 100 Col s f 2d 5sAp'63 op'13.M&N 104% 104% N Y dr Wilkes-B Coal 68'33 M&N 25 Utah Fuel—See Den. & R G RR p. 36 ist g gu 5s ser A &B '34opF& A 73 73% O'Gara cloldrHock Coal Co- Vandalia Coal let Os '30 op J&J 97 100 C&I 1st g 5s '17 J&J 45 65 1st s f 5s 1955 op aft '08..M&S Col tr a f 6s Oct '56 red_ 83 Victor-American Fuel— _J&J 45 65 Pennsylvania Coal & Coke- '40 opt_P&A Consolidated Indiana Coal— 1st let & ref s f g 6s 97 100 let et s f g 5s July 11032 op_J&J 85 90 Victor Fuel—lat s I g 5s '53 _J &J g 5s 1935 gu opt J&D 80 83 Cons 1st & coil tr g 5s '53M 87% Consolidation Coal Co— &S Va I Coal & Coke 6s 1949..M&S 95% 97% Ref Ctfs of dep ass'ts paid f 10 Webster Coal & Coke- g 434s 1934 Opt __M&N 93 9434 Penn Steel let 58 1917_ _ _M&N let & ref s f g 5s 1950 102 11001953;i 1st s f g 5s 1942 op M&S 84 87% ...J&D 95% Pa &Md Steel Cong 6s'25 _ Mdr S 108 108% West Ken Coal 1st 5s 1935.._J&J Continental Coal Co- Span.-Amer Iron 8s 77 79 1st et 1927.J&J 101 101;4 g 5s 1952 op '06 F&A 96% Pitta-Buffs f 5s'29 op af'12 F&A 100 Dom'ion Coal 58 '40 op '10 M&N 98 101.34 ELECTRIC LIOHT, OAS AND Dominion "9834 Pittsb Coal let 5s 1954 opt_J&J 10834 POWER BONDS. Ir & 8 fis 1929 ___J&J 93 Pittsb & 'Westmoreland Coal- Fairmont Coal 58 1931 Altoona Gas 5 Aug 1 '32 __F&A 97 101 J&J 9534 96% 1st 8 f g 58 1925 opt_. _M&N s 94 9206 cAmericanon 1Gta rsg C oes Grand River Coal dr Coke—See Col Fu & Iron P Wh& III Steel L E Coal 1st m 48'31 J&J f 22 Cony col -s 1914 op_A&O 100U Co deb 58 1913_ _ A&O 10134 Pleasant Val Coal 5s 1928_ _J&J 89 102 Deb g 434s 1940 op '15_ .. _. Am Gas & Elec coll 58 2007 Fdr A 84% 853% _ A&O 9434 95 Pocahontas Consol'd Collieries- Light Jeff dr Clear C&I let 58'26 J&D 100 Ati'ta Gas Sc g 1947_ _J&D 103 104 2d 1st g 58 1957 op J&J ----- 8534 Atlantic City (N J) Gas- gold 6s 1926 J&D 95 Republic Iron & Steel- Ind Co 1st a f 58 1950_ _J 1st g 5s Jan 11980 op '20 J&J 90 91 dr.1 98 1st & coil tr g 58 '34 opt.A&O 102% Salt Elec let g 5s 1947 ones & Laughlin Steel Co— S f g gu _J&D 95% 96 let g 58 5s 1940 on 1920_ __ A&O 93 Bay City Gas 1st g 58 1920A JED 93 06 1939 a f M&N 101 101% Roch&Pitts C & rg 5s'46 ._M&N 100 Kanawha & Hocking C & C Co- Bay Counties Power 58 '30_ M&S 100% 101% let s f g 434s 1932 opt___F &A -51. Binghamton Gas 58 1st g gust 5s '51 op '06_ _J &J 96% 101 Rogers 1938...A&O 98 100 -Brown Iron- Binghamton Lt Heat & Power- 1st dr ref g 5s 1913-40 op..J &J 93 96 let 58 July 11042 b Basis. f This opt'12A&0 100 price includes accrued interest. k Last sale. n Nominal. 8 Sale price.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis SEPT., 1911.1 MISCELLANEOUS SECURITIES 45 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. Gas & Elec— Ind'sGas—lst con g 58'52_A&O 79 86 Omaha Elec Light & Power— Blackstone Valley 92 95 Col tr g bs 1939 op J&J 99% 101 Jackson Gas bs g 1937 A&O f 9734 100 1st g 58 1933 op 1908.. _ _J&J Boston El List con Ss '24_ M&S 109% 111 Jacksonville (Fla) Gas Co— Omaha Gas 1st con g 5s '17 F&A 9734 9834 Bridgeport Gas L 4s 1952 J&J 90 1st s f g Ss June '37 opQ-M 9234 9734 Ontario Power Company— Bronx Gas & Electric— Kankakee (Ill) Gas & Electric— 1st g 5s 1943 op to '13 _F&A 97 9834 9734 1st & ref 5s 1930 op '13_ M&S 33 9736 Deb g 6s 1921 opt 1910_ _J&J 95 97 lst&ref 58'60 op aft '20_ _J&J 96% %8 Brookline Gas-58 Augl'13 F&A 100 Kans City(Mo)Gas bs'22 A&O 9734 99 Ontario Transmission Co, Ltd— Bkl'nUnGaslst con5s g '45 M&N 107% Kansas Gas & Electric— 1st gu g 5s '45 op bef '16 M&N 95 • Buffalo City Gas g 6s 1947_A&O 61 64% 1st g 5s 1922 opt M&S 95 97 Pacific! Coast Power— Buff Gen Elec It 1st 58 '39 F&A 100 Kau. Nat Gas Co 1st 6s '16 M&N 100 101 1st m g 5s 1940 op 1915_ M&S 97 100 2d m 05s 1918 J&J 8536 8634 Pacific Gas & El coil tr 5s'36J&J 9834 9954 Buff & Niag Falls El L & Pow- 100 1st g bs 1942 F&A 99 Keaosha Gas & Electric Co— Deb 6s Dec 15 1937J&D15 99 Burl'ton(Vt) G L bs 1955_J&J 92 95 1st g 581930 op 1910____J&D 101 Pacific Gas Imp 4s Sept '30 Q-M 88 90 Butte Electric & Power — Ki.igs Co Elect Light & Power— Pacific L & Pow 1st 5s '42 __J&J 9634 1st g sink fd 5s 1912-51...l&1) 95 97% 1st gold 5s 1937 A&O 104 10534 Guaranteed 99 101...., Purchase money 6s g '97 A &O 117 Pacific Power & Light— Cal Gas & Elect Corp— - Sink fund g bs 1933 opt_M&S 100 100% Cony deb (is 1922 M&S 11634 .. ___ 1st & ref g 5s Aug 1 '30_F&A 93 95 Uni.&Ref .g.bs'37 op s.f.M& N 95% Bklyn Edis III cons 4s'39 J&J 8834 90 Paterson & Passaic Gas tt Elec. Cal Cent Gas & El 6s '31_F&A 10134 Kn3xville (Tenn) Gas Co— Consol g 5s 1949 M&S 101 Canadian Light & Power- 1st g bs 1933 op 1913_.A&O 85 95 Pawtucket Gas 4s 1932_ _M&N 90 "Wq 1st s f g Ss 1949 op '14_ _J&J 79% Laclede Gas g 5s May 1919 Q-F 103 10434 Pennsylvania Water & Power— Canton (0) Electric Co- Ref & ext g bs 1934 _ Adt0 102 10234 1st s f gold 5s 1940 J&J 8634 8734 '12_ M&N 95 97 La Crosse Gas & Electric Co— Peoples G L & Coke, Chicago- 1st & ref g 5s '37 op A,kia Central Maine Power- 1st & ref g 58 '21 op '11_J&D 100 1st con g 6s 1943 11636 1st g 5s 1939 op 1919_ _ M&N 97 98% Lansing Fuel St Gas 58'21_A&O 93 95 Refunding gold bs 1947 M&S 1014 10234 Northwest Gas Light & Coke Leavenworth Lt Heat & Pow— Chic G L & C 1st g bs '37_J &J 10234 104 Cicero Gas—See 101 Cinn Edison Elec-5s 1917 J 101 103% 1st g 5s 1923 opt M&S 94 96 Consum Gas 1st g 5s '36_J&D 102 Cincinnati Gas Transportation- Lockport (NY) Gas & Elec Lt— IndNat G&O g 5s '36gu M&N 101 1st bs 1933 guar op '13__J&J 98% 100 1st M g 6s Feb 1 1920..._F&A 95 98 Mutual Fuel Gas g 5s '47 M&N 101 1013% Citizens L,H&P (Johnstown,Pa) Los Angeles Gas & El Corp— Peoria Gas & Electric Co- 1st g 5s 1934 op 1914___M&N 100 102 1st & ref g bs 1939 opt_ _M&S 97 1st g 5s 1923 op I908____J&J 99 101 City Electric, San Francisco- Los Ang G & E bs '34__J&J 98 Phfla Co—See under St & Elec R y Secur ities 1st g 58 1937 J&J 90% 91% Los Ang Ltg 5sApr11'24 A&O 9934 Phila Elec Tr ctfs 4s Oct '49 J&J 8034 8034 Cleveland Elec Illuminating- •Louisville Ltg bs '53, gu __A&O 90 100 Ss g tr cert Apr 1 1948 __A&O 103 10354 1st M 5s 1939 op '24 ____ A&O 101 103 LoweliElLtCor 1st 5s g'14_J&J 101 Philadelphia Suburban Gas & El Colo Spgs Lt IR & Power- Mit•ilsonGas&Elec g 6s'26_A&O 103 108 1st m & ref g 58'60 op '15E&A 91 9234 1st & ref g bs 1920 op'17 _ F&A 92 94% Ma ilson River Power— Portland (Me) Electric Co— col Sp El-5s 1920_ _ A&020 97 100 lit M 58 1935 gii opt__ F&A • 95 9734 1st s f g 581926 opt F&A 9734 9954 Colo Sp L & P 5s 1919_ A&O 97 99 Mankato Gas & Elec L'tCo—- Portland (Ore) Gas & Coke- Columbia Gas & Electric- 1st g bs May 11020 opt_M&N 10234 1st & ref g5s'40 op '20 __Ada 99 101 1st g bs 1927 s f J&J 72 74 Cons & refg 5s '35 opt. M&N 100 Portland Gas 1st 5s 1951 _ F&A 103 Columbus Elec 6s 1922. _ __M&N 99% 101 Wass Gas 436s 1929 J&J 9934 100 Potomac Electric Power Co— Columbus Gas Co 1st 5s g'32 J&J 95 Memphis Cons. Gas & Elec.— 1st g 58 1929 opt J&D 108 10834 Columbus(0) Light Heat & P— Cons & ref g 5s 1943...... _J&J I Cons m g bs 1936 guar__ _Jeir.1 102 10234 Gen M g es, 1924, guar_F&A 97% Equit Gas 1st 5s 1929_ _M&N 99 101 Queens Borough (NY) Gas & El — Columbus (Ga.) Power- Memph L & P ref 55 '31_J&J 100 102 Gen III g 5s 1952 J&J n 97 99 1st msfg 58 1936 _____ A&O 90 94 Mexican Elec Light Co, Ltd— Quincy (III) Gas Elec & Heat— • Commonwealth-Edison Co- 1st m s f g 58 1935 J&J 78 8034 1st cons g 5s 1935 op'10_M&S 80 83 • 1st g Ss June 1 1943_ _ _M&S 102 t-A Mexican Light & Power— Quincy G & E 58 1929_ __M&S 9434 Com'wealthElec 58 J'e '43_M&S 102% 1st g 58 1933 s f F&A 9134 9? Reno (Nev)P L & W 6s '44_J&J Commonwealth Power (Mich)— Mich City G&EI 68'37 op'10 J&J 94 96 Roch Gas & Elec-58 '12_ _M& N 100 100%8 1st g 58 Dec 1 1924_ _ J&D 100 Mil Gas Light—lst g 49'27 M&N 91 2d m 434s'20op'10M&S 15_ 66 97 Cons Gas of Bait 5s, 1939 __J&J 109 Minneapolis Gas Light— Rockford (Ills) Elect Co- Gen g 4%s Apr 1954 A&O 96% 96% 1st gen 58 Feb '30 op '14 M&S 100 1st & ref s f bs '39 op '14 M&S n 943-4 9634 Elec L & (Balt)— Minn General Electric Co— Saginaw City Gas-5s 19i tiM &N 95 99 Consol Gas P 91 94 Gen g 434s Feb 14 1935_ _J&J 86% 87 1st g Os Dec 1 1934 op.._ J&D_ 100 101 St Joseph Gas—lst Os 1937_J&J 100 Elec 6s g 1927 _ _F &A 10034 100%3 St P Gas L—Con ex 6s '18_ _J&J 105 5% gold notes 1913__J&J 100% Ho Edison _ __ Consol Gas N J-5s g 1936_J&J 93 96 Mo El Lt 68 May 1921__Q-M 109 1st 6s 1915 J&J 104 Consolidated Gas(NY). Bee N Y G El H & P Mobile Electric Co— Gen g 58 1944 M&8 96 68 Consol Gas (Pitts)-5s'48__F&A 93 94% 1st bs 1946 op __M&N 00 93 San Diego Cons'd Gas & El— 94 Light1910_- & Pow Co— 1st g bs 1939 op 1914 M&S 97 99 Consol Ltg Co(Vt) 1st 58 '26J &J , 98 Monongahela Consum & P Co (Eliz, N J)- 1st g 5s June 11949.... __J&D 06 9736 San Francisco Gas & Elect— 5s 1935 _ _ J&I) 100 Montreal Lt, Ht & Power Co— Gen m 4%s 1933_ _Ad& N 89 92 • Consumers' Power Co (Mich) 1st Ist&col tr g4 As'32 op'12_J&J 988% 99 San Joaquin Light & Power— lien & ref g 5s 1936 op '16_J&J 95% 9734 Gold bs 1933 op 1913 A&O 10134 103 1st M 5s 1945 op aft '10_J&D 9754 Consumers' Power (Minn)- Niuncle El L 1st 5s '32 op '12J&J 97 Scranton Electric Co— 1st & ref bs 1929 op '14_M&N 88 92 Municipal Gas & Elec. Roch - 1st & ref g 5s 1937 op '12_J&J 102 104 Dallas Gas-1st g 58-45 op.M & N 86 1st M g 436s 1942 op '12 A&O 96 97 Seattle Lighting Co— Dayton Lighting Co- Huskogee(Okla) Gas&Elec— 1st g bs 1944 op 1910_ ___Mdt8 100 1st & ref 58 1937 op '12_ M&S 85 88 lst&ref 58 1926, op '09_ _JAz D 93 97 Ref g 58 1949 op 1914..__A&O 96 98 Dayton Electric Light Co— Nassau Lt & Pow 1st 5s '27 Adr0 99 3.5 10254 Seattle-Tacoma Power— ls/ g 5s 1021 ont.1906 M&$ 99 101 National Light, Heat & Pow— 1st 55 g 1925 op 1910 _J&D 101 Dayton(0) Gas 5s'30 op'15 M&S 99 101 Coll trust 5s 1919 Ser B.. _J&J 9734 100 Sierra & San Francisco Power— • DenvGas&EI—lst g 58'40 M&N 93 94 Coll trust 5s 1920 Ser C_ .J&D 97% 99 1st g 58 1949 opt F&A 94 96 - Cony g notes 6s '14 opt_ A&O 9934 09% Cent Ind Ltg 5s 1927_ __M&N 93 Somerset Un & Middlesex Ltg - DetroitC'yGat,5% gmtg 23_J&J 100% CityG&E(Paris,I11)5s'24 A&O 92 96 M g 4s Dec 1 1943 _ J&D 75 77 • Gen g 5s 1913 to 1917 opt J&J 98 99 Marsh'Il(Mo.)LII&P5s'35J&D 92 96 So.Bend & Mishawaka Gas— Dish- Gas con 1st g 58 '18 F&A 100% Twin StatesG&E434s'26.A&O 87 92 Cons.g.5s,I 926,opt .'011 J&J ----- 97' Detroit Edison 1st g 5s '33_JAr•I 100% i61 Nevada-Cal Pow 1st 6s '27_ A&O 95 99 Southern California Edison— • Cony deb 6s 1920 A&O 115 118 Newark Gas Os Apr 1 1944_Q-J 127 129 Gen g bs Nov 1939 opt_J&J 9434 96 • Cony deb Os 1921 F&A 115 118 Newark Consolidated Gas Co— Sou Pow—lst bs '30 opt_ _ M&S 99 101 • Duluth Edison Elec- Cons g bs Dec 1 1948_ _ ..J&D 10336 Springfield (0) Lt Ht & Pow— • • 161 1st gsf 513 Mar 1931 op_ M&S 98% N London G & Elec g 58'27A&O 104 1st s f g Ss 1929 op 1914_ F&A 9234 • 9734 East Ohio Gas (Cleveland)- 2d m 58 1929 A&O 100 Standard Gas & Elec of Delaw— • • • 1st s f g 5s 1039 J&J 97 100 Consol & refg 5s 1933_ J&J 100 Conv s f g 6s 1925 opt_ _M&N 10234 Econoiny Lt & Pow (Joliet Ill.) New Milford PowerCo (Conn)— • Suburban Gas Co of Pnila— • 1st met g Ss 1956_ _ _ _ J&D 04 1st s f g bs 1932_ _ __ . F&A 103 105 1st s f g5sAprl'52op'07_A&O 983-4 • 9936 Edison Elec Co of Los Angeles-- N Y Gas Eiec L H & 11 Co— Superior Water Lgt & Pow Co- lst&ref g bs 1922 op '07_1%1 &S 100 102 1st g bs Dec 1 1048___J&D 10234 10234 1st 4s May 1931 M&N 81 • 8434 Edison Elec Lt etfs g 6s'46 A&O 108 Pur mon col tr 4s 1949F&•A 88 8834 Syracuse Gas g 5s Jan '46 __J&J 10134 10234 Edison Lt & Pow (S F)68'21(4-F 105 Ed EII11,N Y,con g 58'95J &J 11234 115 Syracuse Light & Power— Electrical Securities Corp— Central Un Gas bs g '27...J &J 10034 10236 Col tr g 5 1054 J&J 8154 Coll tr g s f bs 1935 opt_ _F&A 97 100 Equitable Gas 1st bs '32_ M &S ___ 10634 Syracuse Light'g 5s g 1951 _J&D 100 Equit. Gas(Memphis)—See Mem . Cons. G. & E. New Amster Gas bs 1948_J&J 10054 10234 Tacoma Gas ref g 5s 1926..J&D 8854 90 Equitable Gas & Electric. Utica. NY&Elt Gas—lst g 68'44 J&J 104 105 Tac G & E Os Mch 1915_J&J 98 100 • 1st g bs 1942 A&O 102 Con bs 1945 _J&J 101 103 Toledo Gas Elec & Heat— Equit Ill Gas, Philo, 5s g'28J&J 106% 107 NY &WestcLgGeng4s2001J &J 83 8536 Con 1st g 58 1935 A&O 56 • 60 • Evansville Gas & Elec Light- Deb g 5s 1954 op guar J&J 102 103 Topeka Edison g Ss Sept 1930 1st g bs 1932 opt 1912_ . _J&D 93 96 Northern Un Gas 581927NI&N 100 102 red 1915 J&J 95 • 97 Gas tfc Elec Co of Bergen Co— Stand'd Gas--lst 5s '30_ M&N 10434 10534 Trenton G & El Cog 5s '49_ M &S 102 Cons g iSs 1949. J&D 101 4 Y & Queens Elec Lt & Pow— Troy Gas 2d 6s 1923 F&A 110 112 Gen fis Nov 1 1954 M&N 0634 97% 1st cons g 58 Aug 1 1930 F&A 10134 Consol bs 1939 M&N 110 11234 General Elec-33'4s '42 opt F&A 4 Y & Queens Gas— Union El Lt & Pow CO of St L- Cony g 5s 1917 _J &D 160 155 1st & gen m g 5s'34 opt F&A 9934 10136 lst g bs Sept 1 1932_ M&S 100 10034 Gr'd Rap Edison 58 g 1916M&N 97 98 Tax exempt 100 102 Ref&ext Os '33 op aft-ii8M&N 96 9734 Gr Rap Gas L Co 1st 58'15 F&A 99 101 i Y & Rich Gas g 58'21_ M&N 96 ____. Union Light Heat & Pow.(Cm.) Great West Pow bs '46 opt_J&J 85 86% N Y & Sub Gas—See WestchLtg 1st 48 May 1 1918 op,'06 M&N 93% 96 Guanajuato P & Elec Co- Niagara Falls Power bs '32.. _J&J 10034 United Elec Lt & Power, Balt— 1st s f g 6s 1932 opt__ A&O 96 98 Refg & gen 68 Jan 1932 A&O 10636 107 1st cons g 4%s, 1929 ___M&N 93% 94 Harwood Electric Co- Niagara Light, Heat & Power— Unit Elec Co et NJ4s 1949_J&D 78 783-4 1st s f g 5s 1939 op '14___J&J 07 99 1st mort g bs 1922 M&N 100 United Electric Securities Co— Haverhill G S Co 1st bs '29_J&J 90 95 Cons & refg g 55'25 opt M&N 98 Coll tr g 5s 1933 to 1937 _F&A 99 101 HoughtonCo(Mich)ElecLight- Niagara Lockport & Ont Pow— United Gas de Elec of N J- 1st g 5s Jan 1 1027 Opt.. J&J 05 98 1st s f g 5s 1954 _M&N 90 94 1st coll tr g 5s 1922 J&J 94 98 Hudson Co Gas-58 g '49_M&N 103 Northern Cal Poweropt....- 5s '32 J &D 9734 United Gas & El(SF) Os '32 J&J 993.4 Hudson River Electric Co- It & cons s f bs '48 op '15 J&D 934 9434 United Ilium Co New Haven— 1st g gu 58 Dec '18 '31 _ _M&N 40 45 Northin Westchester Lighting— 1st 4s Feb 1 1940 F&A 92 Hudson River Elec Power Co- 1st con m g 6s 1955 _ _ _J&D 06 9854 Utah Light & Power— 1st g gu 15s Jan 2 1944__F&A 23 26 North Hudson Lt H & P do(Ho- Cons,g 49 '30 op aft '09 J&J ----. 82% Hudson River Gas & Electric Co boken, N J)-5s 1938_ __A&O 100 Utica lec Light & Power Co— 1st ii.ef g bs 1920 M&N 95 100 North Shore Electric Co— 1st g bs Jan 11950 J&J 103 Hudson lily Pow Transmission 1st g 5s 1922 on 1912_ _ _ _Adt0 100 _ _ _ _ Utica Gas & Electric Co— • Rfg g 58 guar Jne 15 '35 A&O f 90 1st & ref g bs '40 op '20_A&O 9934 10036 Refg & ext. 6s 1957 _J&J 100 102. Hudson Riv Water Power Co— Northwest'n Gas L&Coke (Chic) Valley Counties Pow 5s'30 -- M&N , 9934 1003.4 Isi gq f iss 1014-1929 _M&N 100 Consd g bs Dec 1 1928 _ _Q-M 99 100 Van Wert (0.) Gas Light— Idaho-Oregon Light & Power- Cicero Gas gen&ref bs '32.J&J 94 95 1st g be 1935 opt 1910__A&O 97 100 1st & ref g Os 1925-40 op A&O 99 100 Norwich(Ct)Gas&E g 58'27_ J &J 101 105 Ventura Co Power 1st 63'36M&N 100 Indiana Ltg 4s 1958 op_ . 67 69% Dakland GL&II 2d5s 1916_ M&S 101 %8 ___ Vermont Power & Ltg— Indiana & Michigan Elec Co- )gden Gas 5s 1945 .. _ _Al&N 93 0434 1st g Os 1927 gu a f M&S 94 97 • 1st M 5s 1057 opt F&A 96 99 )klahoma Gas & Electric—_- Rashington Gas-4s'27-'29.J&J Indiana Nat Gas & 0—See Peon es 0 L & Coke 1st M g Ss '20 on aft '14 A&O 97 99 1st mtge gold 5s 1960....M&N. 10934 110 0 Basis. f This price includes accrued interest. k Last sale. n Nominal. a Sale price.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis 46 MISCELLANEO ITS SECURITIES. [Vm.. Lxxxxm. 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. Westchester Lgt 1st g 68'50J&D 104% 104% Amer Malt 6s 1914 J&D 99% 1013 Mallory SS N Y Sub Gas-lstg58'49 M&S 1st s f 5s 1932 .J&J 91 93 103 105 Am Sew Pipe-let s f 68'20 M&S 90 Mason femp(Memph) 5s1911-3u f 100 Western United Gas & Elec- Amer Smelters Securities- Minneapolis lst&ref Sag 1915 to '50 __F&A Brew-7s 1913A&O 102% 97 98% Cony s f deb g 68 1926_F&A 101% 101%3 Morris & Co 1st s f 4%61939 J&J 91 Westinghouse El & Mfg- Amer Spirits Mfg g 6s 1916 M&S 102 Mortgage Bond 6% notes Aug 1 1913_.F&A 101 Co- 101% Amer Steel Found's Cs '35_A&O 101 103 Mtg g4s ser 2'66 op af'16A&O 89 5% notes Oct 1 1917_ __ _A&O 95 97% Deb 48 1923 _ F&A 67 68 Mt V'non-Woodb'y Conv.s f g 5s '31 opt '12__J&J Cotton D'ck 93 93% AmerThread col tr 4s g 1919 J&J 93% 944 let m g_15s Sept 1 1949 __M&S 77% 78 Walker Co 1st g 68 1916_ _J&J n 100 103 Amer Tobacco 68 g 1944. A&O 104 104% National Enamel & Stamp Wilkes-Barre Gas dr Electric Co- Co- 4s g Aug 1 1951. ___F&A 83% 84 Ref 1st R Es fg 5s '29__J&D 94 94% Cons g 5s 1955 opt J&J 102% 103 American Type Founders- National Starch Co- Williamspt Gas-lst g 58'39F&A 96 99 Deb gold 6s 1939 10034 Willimantic M&N 993-i Deb g 58 1930 guar J&J 84 89 Gas & Elec Lt Co- American Writing Paper- Natomas Consolidated of Cal- let 58 1923 op 1913 J 102 1st g 5s '19 op aftJuly'09...T&J 90 90% 1st M g optJ&J Wilmington(Del) f3s 1930 923.( Gas Co- Armour & Co.-Real est let g N E Cot Yarn Co g 5s 1929_F&A 100 162-- 1st & ref s f g 58 1949 op M&S 98 98% 4%s 1939 op J&D 92 92% N J Zinc let 4s 1926 A&O 92 Wyoming Valley Gas & Elec- Associated 011 Co-5s 1922 F&A 100 10034 New York Gen g 5s Air Brake- 1925 opt 1910_ _J&J 100% 101% Astoria (NY)Veneer Mills & D- 1st Mg Cs 1928 cony M&N 99 100 1st s f g 6s 1941 opt J&J 100 105 TELEGRAPH N Y Dock Co-let g 48'51.F&A 8234 85 & TELEPHONE Atl Gulf & W Indies SS Lines- NY &ER Ferry-58'22_M&N 50 60 BONDS. Col tr g 55 Jan 1 1959_ _ J&J 663-i 67 N Y & Hob F 58 May 1946_J&D Albany Home Telep es '27_ 983. 99% _J&J 85 90 Atlas Portland Cement- Hoboken Ferry 58 1946_M&N 10534 107 American Teleph & Teleg Co- 1st s f g 6s 1925 M&S 101 Coll NY &NJ Ferry-5s '46_J&J 98 tr g 4s 1929 J&J 893 90 Augusta Fact'y 1st M 6s'15M&N 100 103 North American Cony g 48'36 cony at'09M Co- &S 105% 106 Baldwin Locomotive Works- Col tr g 5% n'es'1 2op '09M&N 10034 100% Bell Telephone of Canada- 1st s f 5s 1940 op aft '15_ M&N Deb 1033 Oceanic SS 6s '24 op '09 J&J gold 13s of 1925 A&O 102% Barney & Smith Car Co.- Ogilvie Flour Mills Cent Un Tel let 6s '16 opt_ 103 104% Co, Ltd- _J&J 1st g 68 July 1 1936..__ 95 1st m 68 1932 opt 1912__J&D 11334 • Cons g 5s 1919 opt '09__J&J 96 98 Becg & Engle Brew 6s 1921_J&J 100 Otis Elevator Co- ekes & Pot Tel 5s '29 op '09 J &J 103 Berlin Mills let g 5s'12to'31F&A 97 101 Cony Chicago Telephone g deb 58'20 op '13_ A&O 99 100 - Boston Term Co-3%8'47_F&A 98 99 Pacific Coast Co-() 5s '46_J &I) 105 1073-4 let g 68 1923 opt 1913__J&D 103 103% Brooklyn Ferry Co- Palace Com'cial Cab!e-48 Hotel (San Fran)- g 2397_Q-J 83 Cons g 58 1948 ctfs dep Fdr A f 11 13 lat 6s Aug 1 1928 ou 1013 F&A 101 103 Cumberland Teleph & Telegr- B'n& NY F'y let 68,1911_J&J 88 98 Penmans,Ltd-lst5s'26optM&N 1st s f g 02 93 681918 Jar.) 101 102% Burns(P) & Co, Ltd- Phila Bourse let 5s 1.916 __M&N 98 100 Deb 5s Feb 1 1920 F&A 98 100 1st s f g 68'24 op aft'14_A&O 103 104 Pittsb Brewing 6s Feb 4 '49 J&J 101 Cuyahoga Telep 5s 1919 _ _ _ _J&J 89% 89% 1st & ref s f Cs 1931 J&J 101 102 Home Telep Pittsb TermWarehouse & Transf & Teleg (Los An- Bush Term let cony g 45'52A&0 92 9334 let ref g 5s Nov 1 1936_ _M&N 99 101 geles Cal) 1st 5s 1933_J&J 85 Cons g 58 Jan 1 1955. J&J 97 99 Provident Loan Society- let refg 6s 1945_. J&J 75 California Wine Association- 4348 Kan C Home Sept 1 1921 M&S Telep 5s '23_ _J&J 89% 90 Cony g 58 Sep10'25 op s f M&S 9534 Railway Steel Spring- K C Long Die Tel 58 1925_ _J&J 87 88 Canada Cement Co, Ltd- let M Key. Tel let g 5s 1921 opt ‘J&J 9834 g 5s '35 op '08J &J 85 1st s f g 6s 1929 opt_.... _ A&O 983 99 Raid Tran Ferry-G 58'44M&N 85 Kinloch Long Dist Telep- Canadian Car & Fdry Co, Ltd-: St Clair Furnace Co let M g 58 1929 J&J 91 - 1st s f g 6s 1939J&D 105 1053 let g gu 58 1912 to 1939-F&A 64.85% 4.75% Kinloch 'Telephone 6s 1928 F&A 104% Canadian Colored Cott Mills,Ltd St Jos 1930A Louisville Home Telephone Stock Yds 4345 &J 88 92 - 1st m 6s Apr 21912____A&02 99% St L Brew Ass'n 6s 1914_ _J&J 99 1st g 5s July 1 1922 J&J 80 82 Canadian Cons Rubber, Ltd- St Louis Car Co- Maryland Telep dr Teleg- Gold 68 1946 opt 1911_ _ _ A&O 97 1st g Cs op'08M&N 94 let g 58 1929 973-4 May '21 '23 98 J&J 100 100% Cent Hud St'boat--5s '19 _M&N 96 100 St L at Stock Yds 48 '30_ _J&J n 84 87 Met Telep & Teleg 5s 1918 M&N 102 103% Central Leather 58 1925_ _ _ A&O 97 St P Union Depot-6s 1930M&N 113 Mich State Telep-5s 1924_F&A 100 100 Chem & Del Canal let 58 '113_J Consol 5s 1944 Mtm NN 101 New Eng Tel&Te1-5s '15_ Adz() 100% 101 Chic B'd of Trade 45 1027.. _J &D 89 90 Consol 4s 1944 5s Apr 1916 A&O 100% 1018 ChIcJunctcolg5e191..._J&J 1013 StPaul Un Stik Yds--5s'16 A&O 79 80 ). Deb 6s 1919 A&O 101% 103 Coll tr ref g 4s 1940 A&O 91 Schwarzschild & Sulzberger Co.- 4s Jan 1930 J&J 91% 93 Ohlc Pneu Tool 5s Dec 31,'21_J&J 89 90 Deb 6s 1916 s f J&D 101% 102% NY & NJ Telep 58 g 1920_M&N 102 Cleve & Sandusky Brewing- Securities Co of N Y- N Y & Pa Telep & Teleg Co- let at g 6s June 1.'48.opti&J 84 85 4% consols optional....__M&Sf 59 64 1st gold 58 Feb 1 1926___F&A 101% Clyde SS 1st 55 1931 opt_ _F&A 953 97 Sibley Mfg Co 1st 5s 1922--J &J 93 98 Gen S Fd g 4s Nov '29_ _M&N 87 91 Computing-Tabulating-Rec Co Simpson Securities Co- NY Tel.lst 43,28 1939___ _M&N 99% 100% Sink fund gold 65 1941_ _J&J 85 95 Sinking fund Os 1929.._J&J 16 95 Pacific Teleph & Telegraph- Cons Rub Tire-Inc 4s '51_ A&O f 41% 4334 Somerset Hotel Tr 4s 1921J&D 1st& col tr s f g 58'37 op'22J&J 98% 98% Consolidated Tobacco Co- Standard Cordage- Postal Tel-Cable of Texas- Coll tr g 4s Aug 1 1961 _ _F&A 83 84 let tI g 58 1931 red____A&O 1 12 101 15 let s f gu g 58 1928 J&J 98 Corn Products Refining- Adjust M 55 Apr 1 1931 1 3 Rochester Telep let g 58'20.J&J 100 Sk fd deb g 6s 1931 M&N 96 Standard Mill-lst g 59'30M&N 88 Gen 158 1933 . A&O 1st g 68 1934 s f M&N 95 4 9634 Street's West Stable-Car Line- Southern Bell Telep & Teleg- Cov&CinBdg 1st g 4s 1915_ _J dr.1 97 100 let M equip g 5s 1912-27_J&D b5.30% 5%% 1st s f g 5s 1941 op '16__J&J 99 99 Cramp(Wm) Sons S'p & E Bldg Swift & '14 op 1910_J&J South New Eng Telephone- Co-5s 100% 1st m g 58 1929 opt _M & S 100% 10134 SwittRfgTrans 4%s'1912--J&J b53-4% 5% let g 58 Dec 1 1948 J&D 112 Cuban-American Sugar- Tennessee Copper Co- Toledo Home Telep 58 1922 J&J 90 Coll tr 6s Apr 1 1918 opt _ A&O 96 97 1st M g 6s 1911-1917 opt J& D 99 100 Twin City Telephone Co- Diamond Match Co-Cony deb 10tu-23d8tkeerCt) 1st in it) Jdr1) 68 65 let g 5s 1912 '14 '17 & '26 J&J 92% 95 6s Dec 15 '20 op '15J&D15 106 Texas Company-Cony g deb Cs U S Teleph 58 1919 J&J 86% 873- Distillers' Securities Corp- tern etts__J&J 9634 Western 1931 opt 1915 98% T&TCol tr g 58'32_J&J 98 9843 Col tr cv g 58 '27 op '08 _ A&O 73% 743 Timuer Ws es g 1912.... __F&A 99 5% notes 1912 F&A 100 100% du Pont(E I) de Nem Powd- Torrington Co Is! g 18_13I&S 100 Western Union- Gold 4%8 June 1 1936 _ J&D 83% 85 Union B & P let g 5s '30 op_J&J 9434 Collateral tr cur 58 1938_ _J&J 100% 101 Eigit•dc Phenix kife 15s 1920 J&J 90 100 Stamped 97 Fdg & RE M 4%s g '50_M&N 96 Eastern SS let 5s, 1927 op.M&N 100 101 Union werry Co-5s 1920M &N 94 90 Convg4s'36op'12Ser A M&N 104% 104% Erie & Western Traasportatioii- Union Oil Co of California- MutUn 6s ext at 5%to'41 M&N 102 103% ist M g 48'25 opt'lOgu..J&J 100 First lien s f 5s 1931 opt _J &J2 903 91% Northw'n gu g 4%8 1934_J&J 92% 99% Fort St Union Depot. Detroit- Un Transpor let oa 1923--F&A 8934 9(4i 1st g 4%8 Jan 1941 ..1&.T 905 95 United Box Board & Paper- WATER BONDS. Gen Motors 6% g notes'15.A&O 98 9834 Coll tr 68 Jan 16 '26 red_ J &J 30 46 Blue Lakes Water 1st 68'38M&S 103 Gen Rub debs g '16 up_J&J 96% 973-i Gen Mg 681926 red vrly_Jjdr&jJ 9360 46 Consol Water Co of Utica- Guam Pt Storage 33-is '40_ A &O Unit Fruit-Deb 4s% 1923.J &J 96%, 97 1st g 5s Jan 1930 J&J 99% Gottlieb-Bauerschmidt-Strau8 Deb g 4%8 1925 f 96%, Deb 68 Jan 1 '30 op 1911_J&J 90 92 Brew Co-1st 45 1951 ._ M&S 42% 43 US Env den g 58 19l2..-F&A 100 - Contra Costa Water 5s 1915 J&J 92 93% 2d Income 58 Sept 1951 MAN! 5 1st g serial 58'11-'34 op'19J&D 100 Gen M 58 1915 J&J 91 Gt North'n Paper g 5n 1927_J&J 100 102 U S Finishing-1st 53 1919 J &J 100 105 Denver Union Water 5s '14 J 88 91% Hall Signal 1st 68 1915 op_A&O 100 Con gold 55 1929 J&J 95 100 Hackensack Water Company- Havana Tobacco-68 1922_J&D 47 52 United States Gypsum- 1st g 4s 1952 opt 1912_ _J 83 87 HawallanCorndr8ug581919 _A &O 102% 1st m g 15s 1922 opt-- --M&S 94 97 Indianapolis Water Co- Hecker-Jones-Jewell 6s '22 M AS 99 102 U S Leath-S f deb 68 g '13M&N 10234 104 Gen g 5s 1926 op 1911J&J 100 101 Hoboken Land & Imn't Co-- U S Mortgage & Trust Co- 1st & ref g 4%s 1940 op_ _J&J 91 92% 1st M g 55 Nov 1930M&N 104 1053-i Ser E to N 4s 1917 to '22_ _ Vat 95 100 Louisy Wat Co-48 1946_.J&J 101 102 Roster-Columbus Breweries-- 8 Realty & iSs g'24 op J&J 893 90 4s 1950 F&A 101 3 102 1st g 68 1955 opt J&J 65 67 US Red dr Ref Goff') 1931_ _J &J Montana Water 1st 65 1933 J& D Hudson Nay g ffs 1938 opt F&A 933 100 U S Rubber-Coll tr 6s '18.J & D 104 io4i Nashville Water 48 1928 _ _ _J&J 97 98 Huebner-Toledo Brew 68'30J&J 69 70 US Smelt let 6s 1922. A&O 50 N Hay Wat cony deb 4s'15_J&J 155 Illinois Tunnel 58 1928 opt_J&D Virginia-Carolina Chemical- OaklandWaterCo-5s g'd'15J&J 90% 6% g receivers' cgs 1912 A&O 99% 100% 1st Mg 58 1923 op a f__ J& D 993-4 993% Omaha Water Co 5s '46 op_J&J 98 100 Independent Brewing 68 '55 J&J 913 Weisbach Co Col tr g 58 '30_J&D 90% Prior lien g 158 1916 opt __J&J 99 101 Ingersoll-Rand-let g 6s Dec 31 West Canada Fl Mills Co, Ltd- Passaic Water gen g 58'37.._J&J 95 1935 opt Dec 31 1910_ J&J 98 let s f 6s Mch 1928 M&S 10434 105 People's Water, Oakland, Cal- International Mere Marine-- Western Electric Co- Gold 58 Jan 2 1937 J&J 69% 70 Col tr deb 4%8'22 op '07 A&O 64 65 1st 55 Dec 31'22 op aft'l 1 J&J 10134 1023- Portland (Me.) Water 4s'27F & A International Navigation- Racine (Wis) Water 5s'31 M&N 93% 96 let g 5s Feb 1 '29 op '09_ F &A 81% EXCHANGE SEATS. Sou Yuba Wat-Con 6s '23_J&J 102 Internet Nickel 1st 58 '32_A&O 99 100 No. Last Sale SpringBekWater-58g '26 Adr0 103 105 Internat'l Paper-68 1918_ F&A 103 104 N Y Stock Exch_1,100 $69,000 SpringValWaterRef g4s'23J dr D 92 92% Con cony g s f 55 '35op'09 .1jej 83 84 N Y Con Stk Ex 950 250 200 250, Tacoma Wat Sup 1st 58'25.Jda 91 Internet Salt g 58'51 op_ __A&O 1 48 53 N Y Produce Ex.2,143 400 350 4o0 MISCELLANEOUS BONDS. International Silver fis '48_J&D 110 111 N Y Cotton Ex.._ 450 14,500 Adams Exp col tr g 4s '48_M&S 84 85 International Steam Pump- N Y Coffee Exch. 323 1,950 Col tr g 4s 1947 J&D 84 85 let lien s f g 5s '29 op_ _mars 93 94 Baltimore Stk Ex 87 3,000 Allis Chalmers Co- KanCity Breweries 1,06 6,000. 6s'1930 M&N 78% 79% Boston Stock Ex_ 150 27,000 25,000 30,000. 1st M s f 58'36 opt '16_ _ _J&J 67% 69 Kan Cy Stk Yds cony 5s'13F&A 100 101 Chic Bd of Trade_1,637 2,400 Amal Cop 6% Notes 1913-A &O 100 100% Kirby Lumber Co 2,400 --See r Ctfs b cow. Chicago Stk Ex_ 291 1,750 2,000 American Agricultural Chem- Knickerbocker Ice- Cincinnati Stk Ex 50 3,100 let g 58 1928 at cony _ __Adr0 101% 102% 1st M g 5s 1941 opt 35 Amer Cigar J&J 93 Cleveland Stk Ex.. 1,800 Co-Guar g notes 4s Lake Super'r Corp inc 58'24.0ct 67 Louisville Stk Ex_ 29 3,500 Mar 151912,Ser. B__M&S 15 99% 100% let & coil tr gold 2,350 3,000 581944_J&D n 84 90 MinneapCholCom 550 3,800 3,000 3,300- Amer Cot 011 4%8 Nov '15 _Q-F 98% Lake of the Woods Mill'g Co.Ltd G Montreal Stk Ex_ 60 30,000 58 1931 optional M&N 96% 1st m 6s June 1923 J&D 109 New Orl Cot Ex 500 2,950 AmHide&Leathlst g fls'19.k1 &S 98%, 99% Laurentide Paper Co, Ltd- 2,900 Am Ice Sec Phila Stock Exch_ 227 5,500 5,500. -Deb g 6s 1925A&O 70 76 1st m g 6s Jan 2 1920_ _ _J&J2 110 Pittsb Stock Ex__ 120 3,000 Amer-La France Fire Engine- Madison Sq Gard let 5s '19 2,500 3,000 MAN 106 St Louis Stk Ex_ 50 2,500 2,000 3,000, 1st Msf 6s 1924 A&O 55 65 68 1919(JPM&Co Ws). MdeN 95 105 (SanF)Stk&BdEx 42 Amer I,ocom 5% notes'll_Adr0 100 10,000 9,500 Wash'ton Stk Ex 40 4,000 4,000 5,000 • S Basis. I This price includes accrued interest. k Last sale. n Nominal. a Sale price,

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis SIT,, 191 .11 MISCELLANEOUS SECURITIES 47 Par Stocks. Par. Bid. Ask. Stocks. Par. Bid. Ask. ' Stocks. Bid. Ask* MANUFACTURING STOCKS. Per share. Buffalo City Gas Co 100 5 Northern Mills. Per share. Exposition Cotton Mills (Ga)100 200 Preferred 100 20 Acushnet Mill Corp (N B)100 167% Gaffney Mfg Ce (8 C) 100 65 Buffalo General Electric_ _ _ _100 99 100 Amer Linen Co (Fall River)_100 83 87 Graniteville Meg Co (8 C) 100 145 Butte Elec (St Power com__100 108 110 Amoskeag Mfg Co (N H)__ _100 320 Greenwood Cot Mills (8 0)_100 62 Preferred _100 76 80 Androscoggin Mills (Me)__ _ _100 180 Grendel Mills(8 C) 100 90 100 Canadian General Electric 100 112 Appleton Co (Mass) 100 185 Henrietta Mills (N C) 100 160 175 Canadian Light & Power....100 50 51% Arkwright Mills (F 100 85 King, John P, Mfg Co(Ga) _ _100 70 80 Cincinnati Gas & Electric_ _ _100 118 X 90 Arlington Mills (Mass) 100 120 12.5 Lancaster Cotton Mills (5 C).100 125 130 Cincinnati Gas Transp'n__ _ ..100 105 120 Atlantic Cotton Mills (Mass)_100 s 50 s 504 Preferred 100 95 100 Cities Service Co common....100 70 74 Barnard Mfg (Fall River)_ _100 90 Langley Mfg Co (8 C) 100 100 Preferred 100 78 80 Bates Mfg Co (Me) 100 248 Laurens Cotton Mills (8 C)_ _100 127 130 City Elec (San Fr) pool ctfs_100 61% 63 Beacon Mfg (N B) 100 102 Lockhart Mills (8 C) 100 60 70 Jolumbia Gas & Electric...... 100 13% 14% Preferred 100 110 112% Preferred 100 90 100 Columbus Edison Co 100 81 82 Berlin (Paper) Mills Co(Me) 100 102 105 Louise Mills (N C) 100 Preferred 100 k 100 Bigelow Carpet Co (Mass)_ ...100 172 Marlboro Cot Mills(5 0.)_..100 80 Columbus Gas & Fuel corn_ _100 30 37% Boott Mills (Mass) 100 90 Mayo Mills (N Cl 100 125 135 Preferred 100 73% 75 Border City Mfg (Fall River) 100 132 Mills Mfg Co (8 C) 100 96 105 Commonwealth Edison 100 132% 134 Boston Mfg Co (Mass) 100 106% Monarch Cotton Mills (5 0) 100 100 106 Cons Gas E Lt & P (Balt)_ _100 91 92 Boston Belting 100 s 185 Newberry Cotton Mills(8 C).100 130 Preferred 100 99 Boston Duck Co (Mass)...... 700 1300 Orangeburg Mfg Co pref.. ..100 90 Consolidated Gas (NY). See N Y City Bourne Mills (F R) 100 100 Orr Cotton Mills (8 C) 100 90 100 Consumers' Gas (Toronto)...... 50 193 Bristol Mfg Co (N B) 100 110 Pacolet Mfg Co (S C). 100 90 Denver Gas & Electric 100 220 Butler Mill (N B) 100 134 Parker Cotton Mills Co, com.100 20 25 Detroit Edison 100 121 123 Cabot Mfg Co (Me) 100 120 140 Guaranteed stock 100 100 1023% Dominion Natural Gas 100 116 118 Chace Mills (Fall River)._ _..100 115 118 Preferred 100 75 Duluth Edison Elec coin__ _100 55 65 Chicopee Mfg Co (Mass)__ _ _100 115 Fetzer Mfg Co (8 C) 100 155 Preferred 100 85 88 City Mfg Corp (N B) 100 150 Piedmont Mfg Co (5 C) 100 175 Edison El Mum Co (Bosti_ _100 286 Collins Co (Conn) 100 175 Phillips Buttorff Mfg 100 155 160 Electrical Securities pref_ __ _1 00 80 90 Columbian Mfg Co (N H)_ .A00 Poe, F W,Mfg Co(8 C) 100 110 125 Electrical Utilities corn 100 30 Continental Mills (Me) 100 Roanoke Mills (N C) 100 160 Preferred 100 65 75 Cornell Mills (F R) 100 200 Seminole Mfg cam 100 60 Electric Co of America 10 d 11% 11% Crescent Mfg Co (N B) 100 100 1st preferred-- -.. -- _____ 0 102 Electric Storage Battery __100 d 51 % 52 Dartmouth Mfg Corp (N B)_100 300 2d preferred 100 -66 Elizabeth Gs.s-Light Co _100 300 Preferred 100 106 Sibley Mfg Co (Ga) 100 60 65 Empire District Elec corn_ _100 50 Davis Mills(F R) 100 112% Spsrtan Mills (S C) IGO 130 Preferred 100 79 81 Davol Mills (Fall River)__ _ _100 98% Stonewall Cot Mills( Mobile).100 Equitable III 0 L PUB pref_100 110 112 Dwight Mfg Co (Mass) 500 81175 Trion Mfg Co (Ga) 100 Essex & Hudson Gas Co_ _100 137 Edwards Mfg Co (Me) 100 80 98 Tucapau Mills (8 C) 100 Fall River Gas Works Co_ _100 300 310 Everett Mills (Mass) 100 149 6150% Union-Buffalo Mills(5 O)1st pre 50 55 Federal Utilities common...... 100 38 42 Flint Mills (Fall River) 100 95 Warren Mfg Co (8 C) 101 85 95 Preferred 100 75 77 Franklin Co (Me) 100 do preferred 100 100 105 GSA & Flee of Bergen ..l00 83 85 Frisbie & Stansf Knit'g pref_100 100 103- Washington Mills (Va.) pref_100 106 110 Gas & Elec Securities corn _ _100 102 105 Gosnold Mills(N B) pref____100 98 Webb Mfg Co—Nashville.. _100 80 100 Preferred 100 85 87 Granite Mills (F R) 100 132 Whitney Mfg Co (S C) 10( 110 120 General Electric common _ ..100 1523% 154% Great Falls Mfg Co (N H)...._100 188 a 1903i Canadian Mills. Georgetown Gas 26 d 95 Grinnell Mfg Corp (N B) _ _100 225 Canadian Converters, Ltd....100 36 Guanajuato Pow & El corn_ _100 30 35 Hamilton Mfg Co (Mass). _ _100 -8E1 -- 85 Can Colored Cot Mills, pref_100 62 63 Preferred 100 72 75 Hamilton Woolen Co (Mass) 100 102 Dominion Tex Co,Ltd,com_ _100 61 61 % dartford Electric Light 100 241 245 Hargraves Mills (F It) 100 110 Preferred 100 97 98 Hartford Gas Securities Co.._26 d 50 Hill Mfg Co (Me) 100 115 Montreal Cotton 100 152% Preferred 25 d 46 48 Holmes Mfg (N B) 100 105 Penmans, Ltd, common.. _100 57% Houghton Co Elec Lt com___ 25d 17 17% Preferred 100 110 Preferred 100 80 83 Preferred 25 d 23 23% Jackson Co (N II) 1000 dudson County Gas 100 132 136 Kilburn Mill (N ) 100 132% COAL, IRON & STEEL STOC KS. Indiana Lighting 100 33 35 King Philip Mills (F R). 100 160 Alabama Consol Coal & Iron100 35 Indianapolis Gas 50 20 27 Lancaster Mills (Mass) 100 130 Preferred100 71 Kansas Natural Gas. 100 21 22 Laurel Lake Mills (F R)___100 American Coal Co of N J 25 60 100 Kings Co Elec Lt & Power _ _100 126 128 Lawrence Mfg Co (Mass)..___100 170 175 Amer Steel Foundries 100 313% 32% Laclede Gas Light common_100 1043% 105 Lincoln Mfg (F R) 100 100 Bethlehem Steel Corp 100 29 29% Preferred _100 Lockwood Co (Me) 100 105 106 Preferred 100 .59 60 Lincoln (Neb) Gas & El Lt_ _100 30 a 30% Lowell Bleachery (Mass)_ _ _100 210 Bon Air Coal & Iron. corn_ ..100 M 2 Louisville Gas Co ..100 110 115 Lyman Mills (Mass) 100 128 131 Preferred 100 73% 10 Lowell Electric Light _100 204 IM•anomet Mills (N B) 100 120 Cambria Iron Co 50d 44 44% Lowell Gas 100 294 Massachusetts Cotton Mills_100 125 Cambria Steel Co Si)d 43%3 44% Wanuf Light & Heat Pittsb _50d 223% 22% Mechanics' Mills (F R) 100 92% 97 Central Coal & Coke 100 so Massachusetts Gas Cos 100 910i 93 Merchants' Mfg Co (F R)._100 85 90 Preferred 100 793% 81 Preferred _100 9 98 Merrimack Mfg Co (Mass)__100 Colorado Fuel & Iron 100 273% 29 Massachusetts Lighting Cos_100 s 1243% S 125 Preferred 100 8z100 8100% Preferred 100 109 Mexican Lt & Pow common..100 85 86% Middlesex Co (Mass) 100 Col & Hock Coal de Iron ..10() Michigan Light Co pref 100 97 99 Monadnock Mills (N H)___1000 Bankers Tr Co. ctfs full paid 12 15 Minneapolis Gen Electric _100 125% Morse Twist Drill (N B).... _ _ 50 200 Preferred 100 Preferred 100 106 Nashua Mfg Co (N II) 500 Consolidated Coal Co of 8t L100 20% Mississippi River Pow corn_ _100 33 34% Naumkeag(Mass)St'mCotCo 100 140 143 Consolidation Coal of Md.....100 100% Preferred 100 70 72 Newmarket Mfg Co (N H)_ _100 lrucible Steel Co of Am _100 12 Mobile Electric Co corn 100 30 35 Nonquitt Spinning Co (N B) 100 106 Preferred 100 79 79% Preferred ..100 90 95 ' Osborn Mills (Fall River)__ _100 115 Del Lack & West Coal 50 315 325 Montreal Light Heat & Pow _100 161% 161% Otis Mfg Co (Mass) 1000 2000 Dominion Coal preferred_ _ ...100 111 112% Municipal Gas (Albany) _100 200 270 Pacific Mills (Mass) 1000 Dominion Iron & Steel, pref_100 103 105 Muskogee Gas & Elec corn_ _100 45 50 Page Mfg (N B) 100 122% DominSteel& Coal Corp com.100 513% 513% Preferred 100 90 92% Pairpoint Corporation(N B) 100 160 Empire Steel & Iron 100 10 15 garragansett Electric 50 d 87 Parker Mills (F R) 100 110 Preferred 100 50 55 Nashville Gas Light Co 100 80 85 Pepperell Mfg Co (Me) 100 280 George's Creek Coal.. _10 .at Lt Heat & Pow corn__ _100 5 10 Pierce Mfg Co (N B) 100 400 La Belle Iron Works 100 153 157 Preferred 100 50 60 Pocasset Mfg Co (Fall River) 100 140 Lackawanna Steel Co 100 30 40 gewark Consolidated Gas_ ...l00 Ponemah Mills (Prov) 973% 98% 100 109 Lehigh Coal & Navigation 50 d 86 86% New Bedford Gas & Edison_100 2973% Preferred 100 107 111 Trustees Cents 50 d 86 86% New Haven Gas-Light. ....25 d 44 Mills B) Potomska (N 100 122% Lehigh & Wilkesbarre Coal_ 50 250 • New York City—Consolid'd ..100 1333% 134 Rich Borden Mfg Co (F R)..100 160 Maryland Coal pref 100 Mutual 100 167 175 Sagamore Mfg Co (F It)___ _100 148 Monongahela Itiver Coal 50 d 9 9% Standard common 100 70 Salmon Falls Mfg Co (N H)_300 250 Preferred 50 d 33 Preferred 100 95 Seaconnet Mills (F R) 100 65 New Central Coal 20 NY & Queens Elec L & P 100 135 53 56 Skenandoa Cotton Co (Utica)100 133 New Haven Iron & Steel 5 d k 50c. Preferred .100 73 76 Soule Mill (N B) 100 - --- 120 gova Scotia Steel & Coal _100 943% 95 New York & Richmond Gas. 100 Stafford Mills (Fall River)....100 85 90 Preferred 100 Niagara Falls Power Co __ _ 100 100 Stevens 165 Mfg Co (Fall River) 100 98 Pennsylvania Steel 100 k60 Northern Calif Pow ($20 pd).100 d 483% 50 Taber Mill (N B) 100 132% Preferred 100 105 106 Nor Idaho & Mont Pow corn _100 18 20 Tecumseh Mills (Fall River)_100 115 Pittsburgh-Buffalo Co pref ..100 131 Preferred 100 65 70 Thorndike (Mass) 1000 1000 1200 Pittsburgh Coal 100 18 19% Northern States Power corn 100 33 35 Tremont & Suffolk M (Mass) 100 Preferred 100 80 81% Preferred Cotton 100 90%1 92 Union Mfg (Fall Riv) 100 s 215 Pittsburgh Steel Co pref_ ..100 104 North Shore Electric 100 98 99 Utica Knitting Co pref 100 100 103 Republic Iron at Steel 100 243% 2584 Ohio Fuel Supply 25 Steam & Mohawk d 40 Utica Valley Preferred 100 89 89q Oklahoma Gas & Elec corn_ _100 112 120 - Cotton Mills 100 165 167 3loss-Sheffield St'l dr Iron Co 100 38 40 Preferred Willowvale 100 100 Utica & Bleacley100 200 Preferred_ 100 112 Oklahoma Natural Gas 603% Wampanoag Mills (F R).... _100 924 96 iouthern Iron & Steel 100 2 4 Ontario Power Mills (N B) 130 100 60 52% Wamsutta 100 Preferred_ 100 4 8 Ottawa Lt, Ht & Power.. _ _ _100 1413% 142 Weetamoe Mills (Fall River) 100 90 rexas & Pacific Coal Co_ 100 98 100 Pacific Gas & Electric 100 66 4t 67% Whitman Mills (N B) 100 180 U 5 Steel Corporation _100 703% 70% Preferred 100 883% 89 York Mfg Co (Me).. 100 s 140 Preferred .. 100 1143% 114% Pacific Lt Corp corn 100 70 72% Southern Mills. Per share. Vandalla Coal, corn 100 10 Preferred 100 74%3 Abbeville Cotton Mills k8 C)_100 75 Preferred_ 100 21 Paterson & Passaic Gas&El. 100 92 Aiken Mfg Co (8 C)__ ._ ._ ._100 75 Va Iron, Coal & Coke 100 Pawtucket Gas Co pref .100 90 95 American Spinning Co _ 160 Warwick Iron & Steel 10 d 10 10% Pennsylvania Water & Pow _100 54 58 Anderson Cotton Mills (8 C)_100 47 Westmoreland Coal ASO d 79 81 People's Gas Lt&Coke(Cnic)100 103 103% Arkwright Mills (8 C) _100 95 100 Wheeling Mould et Foundry_ _60 d 58 60 Phila Co—See under St & Elec Ry Securit Atlantic & Gulf Cotton (Ga)100 110 lea Wheeling Steel & Iron Co _ _ _100 150 151 Phila Elec Co (815 paid)_ . 25d 163% 17 Augusta Factory (Georgia)_100 40 50 Pittsb Consolidated Gas pref _50 d Belton Mills(8 C)_100 130 140 ELECTRIC OAS & POWER People's Nat Gas & Pipe'g_25 d _ 293% Bibb Mfg Co (Georgia)_ ._ _100 110 STOC KS. Pittsburgh 011 & Gas Co 100 d 3 Brandon Mills (8 C)__ .. _100 05 105 Amer Gas & Elec corn 50 d 56 58 Portland (Me) Gas-Light_ _50 d Cabarrus Cotton Mills(N 0).100 130 140 Preferred 50 d 43 44 Providence Gas 50 Clifton Mfg Co (S C). 100 d 97 85 American Gas of N J _ _ __.._ 100 98 100 Rhode Island Elec Protect 100 125 135 Clinton Cotton Mills (8 C)_ _AO() 110 120 American Light & Traction_100 293 295 Salem (Mass) Electric 100 n 275 Courtenay Mfg Co (3 C)...... 100 90 100 Preferred...100 104% 106 Salem (Mass) Gas-Light...... 100 Dallas Mfg n 205 Co (Ala) 100 05 105 Amer Power & Light com__100 76 79 SanDiegoConsGas&El corn_ _100 100 105 Darlington Mfg Co (8 C).....100 80 Preferred 100 82 83 Preferred_ 100 100 Eagle & Phenix Mills (Ga)_100 100 115 Appalachian Power corn... _ _100 21 23 Shawinigan Water & Power. 100 Enoree Mtg 111%3 Co (5 C) _100 50 55 Preferred 100 60 70 Somerset Un & Middle'x Ltg 100 65 70 Preferred 100 100 Bay State Gas (Boston) 60 d 18c. 19c. Sou California Edison corn_ _100 Enterprise 66 67 Mfg Co (Gal . 100 65 75 Brooklyn Union Gas Co 100 133 140 Preferred 100 75 80 b New stock. d Price per snare, not per cent. f Flat price. k Last sale. n Nominal. s Sale price. x Ex-div. y Ex-rights.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis 48 MISCELLANEOUS SECURITIES • (VoL. Lxxxxin.

• Stocks. Bid. Ask. Stocks. Bid. Ask. Stocks. Bid. Ask. I Stocks. Bid. Ask. Par. Pitts'h.-Con. Par. Per share. Par. Per share. Stan G&E (Del)_50 d 26 27% Union Par Per cent. 50 Pilgrim Cons 1 13%c. Cin&SubBell Tp 50 195 Preferred 50 d 51M 52M Western 50 Pinnacle Troy Gas.100 1 Conuner Un (gu) 25 108 (N Y) 165 175 Providence. Per share. Portland 1 98c. 983%c. Union Nat Gas_100 135 138 Cumberland Tell) & Equitable F&M. 50 75 Prince Albert_ _1 role 100 United El N J_ ..100 90 Prov Washing'n 50 85 87 Quicksilver 100 1523% 153% United El Sec pf100 110 Min 2 3 Cuyahoga Telp_ 50 d 14 18 115 Richmond. Per share. Preferred _ _ _100 4 5 Un G&E of NJpf100 85 90 Preferred ___50 d 40 Virginia F & M_ 25 69 Quincy 25 63 64 Dominion Teleir United Gas Impt Virginia State__ 25 Ray Cons Cop__ AO 13% 14 (Phila) ._ _ _50 d 85% _50 104 109 85% St. Louis. Per share. Rose Nicol 1 2c. Empire(Canada)- & Bay State United Ilium Co killer Central_ _100 172 St Joseph Lead_ _10 of New Haven100 190 10% 103% Telegraph __ _100! 65 75 St. Paul, Minn. Per share. SantaFe(G &Cop)10 75c. Franklin Tg Wash'n (DC)Gas.20 d 87% 88% (gu)1001 40 45 it Paul F & IL _100 300 Seneca($10 05pd)25 Gold&StkTg( u)100 110 Western Power _100 29 30 San Francisco. Per share. 118 Shannon 10 8 •83% Ill & Miss Te g_ 50 60 70 Preferred__ _100 59M 60% Jalifornia 40 79 Superior WestStatesG &1100 & Bost_10 33% Internat Ocean Telg 45 Fireman's Fund 100 2373% Superior 25 22 Preferred.. _ __100 90 223% (Guaranteed) 100 95 102 95 Washington. Sup & Pitts Cop_10 16% K C Home Tp_ _100 West'house Elec Arlington 173% 108%8 109 10 30M Tamarack 25 23 Keystone Telp_ 50 d 7 7% & Mfg, asstg_ _50 64 66 Commercial_ _ _ _ 5 Tennessee Cop_ _25 First pref 50 31 323% Preferred ___ 50 d 31 34 111% 115 Corcoran 50 80 Tonopah (Nevada)1 5% 6 Kinloch Wichita Nat G_100 35 38 Long Dist Fireman's 20 20 22% Tonopah Ext Min 1 Telephone .100n 114 INSURANCE Franklin 25 37 38 Trinity STOC KS. 25 3% 33% Louisv HomeTp 100 68 75 German-Amer_ ..100 260 Union Cop Mines_5 25c. 40c. Mexican Teig_ _100 230 245 Albany. Par. Per cent. National Union_ 5 8M Union Albany Cop Land Ilex Telp&Teig_ 10 d 4% Ins Co__ _50 200 Potomac 25 x 32M & Mining 25 itommerce Ins Co 25 185 190 Preferred ___ 10 d 6 6% United Copper_100 13% Mich State Telp 100 119 Baltimore. Per share. MARINE INSUR- Preferred __..100 10 German 10 17 18 SCRIP. 16 Preferred _ _ _100 993% 100 ANCE United Gold Mines 1 6%c. 63%c. Ito & Kan Telp_100 38 39 German-Amer_ _ _25 37% Atlantic Mutual- Utah Cons • Boston. 5 12% 13 Montreal Telg_ 40 145 Per share. 1906 103 104% Utah Copper Co_10 42% 42%5 Mountain American(F&M)100 1907 f 103 States 103 Victoria 25 1% 2 Telep & Teleg 100 100 101% Boston 100 310 1908 f 103 106 Vindicator Conveyancers' 1 73c. 76e. Nebraska Telp_100 100 110 1909 f 104 103 Winona 25 6 N E Title 100 100 1910 f 105 Telp&Telg_100 145 145% 107 Wolverine 25 99 100 NorthwestTg(gu)50 112 116 Mass Title 100 k 50 1911 106 108 Work 1 MercantileF&M.100 lc. Pac&AUTg (gu) 25 65 70 Wyandot 25 80c. 1 Pacific Telp &Tg100 37 38 North Amer (F)100 MINING STOCKS. Yukon Gold 5 Brooklyn-See N Per 3% 33% Preferred _ _ _100 90 100 share. Pioneer Tp & Detroit. Per share. Acacia 1 3c. Tg100 3%c. REAL ESTATE TR Providence Telp 50 d 93 98 Detroit F & M._50 134 • Adventure Cons_ 25 b 4% 5 & LAND STOCKS. Michigan F&M_ _50 84% Ahmeek 155 Per share. Rocky Mt BellTp100 60 62 ($17 pd) 25 160 Albany Tr (Bost)_/ a 90 100 South&AUTg(gu)25 Hartford. Per share. Alamo 1 90 95 Alliance Realty_ __/ 125 136 Southern NE Tp100 128 129% Aetna 100 315 320 Allouez 25 24 25 Barristers' Hall Tr Connecticut_ __100 340 350 Amalgamated Toledo Home Tp100 883% 90% (Boston) I a 75 West Telp&Telg100 Hartford 100 730 750 Copper 100 58 58 % 163% 18 Bedford Tr(Bost). 1 a 55 70 Preferred _ _ _100 97% National 100 443 Am Gold M (St L)10 11c. 173%c. Berkeleyllot1Tr(B)/ 963% 312 315 a 75 85 WesternUn Telg100 74 75% Phoenix 100 Amer Zinc Lead & 13d of TrBidiar(B)1 a 105 Steam Boiler_ _ _ _50 255 265 - Smelting 25 22 22 Li BosGr'd Ren tTr(C) la 98 TITLE, GUARAN- Life Insurance. Per share. Anaconda Cop 25 34 34% Bost Land (Bost)_i Aetna Life _ _ _ _100 650 660 Arnold 7% TEE & SAFE 25 Bost R E Tr(Bos)..h al 170 1210 DEPOSIT Conn General_ _100 250 Ash Bed 25 BosStorWareh(B) Hartford Life_ _100 160 la 108 STOC KS. Per cent. Atlantic 25 Boston Wharf Co / a 105 Travelers' .100 985 1000 Batopilas -1 V4 Amer Surety_ _ _ 50 280 285 Min_ _ _20 1% Broinf Bldg Tr(B) 1 a 100 Bond & M Guar.100• 245 Kansas CRY, Mo. Per share. Bonanza Dev Co_10 50c. 70c. 250 Lite_100 Business R E Tr(B)/ a 99 Casualty of Am_100 125 140 Kan City 250 300 British Col Cop_ _ _ 5 3% 4 CentlihigTr(Bos) / Louisville. Per cent. a 85 95 Chicago T &Tr_ _100 159 165 Butte Coalition_ _15 x 14% 15Li Chic It E Trustees h a 850 City SD(AlbNY)100 German 50 100 Calumet & Ariz_ _10 48% 48% 125 Louisville City Assoc (Bos)_ _e a 525 600 Columbia Title 100 100 Calumet & Hecla 25 x 400 410 City K E Tr (C)_ Memphis. Per share. _h a 800 (Washington) _5 d 4 5 Centennial 25 83 10 Claverly Tr (Cam) e a 450 Empire St'te Surety Bluff City 100 97 101 Center Cr'k Min_10 1.50 Congress St Associ- Factors 100 95 100 Chino Copper_ (New York)_ _100 8 06 115 __ _5 18% 18% ates (Boston).. _ .1a 95 103 Fidelity&D (Md)50 d150 152 Hernando 100 100 102 Columbia Lead_ _10 C'gressSt131gTr(B) la Phoenix 100 08 102 50 60 KC(Alo)Casualty.10 d 113% 14 Con Mercur Gold _5 5c. 7c. Constitution Wharf Kentucky Title_100 Minneapolis. Per share. Cop Range Con 112 _100 51% 52 Trust (13oston)_/ a 95 Lawyers M Co_100 260 270 Northwest F&M100 a 160 Cripple Cr'k Cons 1 1%c. 2%c. Copley Sq Tr Newark Per cent. 53% (B)- -/ a 50 Louisville Title_100 115 Daly-West 20 5 Preferred / a MarylandCasCo. d American 5 485 495 Davis-Daly Cop 95c. 100 25 92 92% 10 99c. Delta Bldg Tr (B)_ / a 85 Mortgage Bond_100 111 114 Firemen's 50 485 495 Dante 1 4%c. 430. Devonsh Big Tr(B)/ a Newark Fire 5 325 340 45 55 Nashv Title Co_100 05 102 Doctor Jackpot_ ....1 5%c. 6%c. Dwelling House Nat Prudential Life_ _50 400 425 Doe Run Lead _100 82 Surety Co_ _100 220 230 87 Assn (Boston). _h a 750 N Y Mort &Sec_100 215 219 New Haven. Per share. Elkton Cons 1 36c. 58c. East Boa Land 93% Ins__ _ _25 (B). Pacific Coast Cas'Ity Security 58 60 Elm River 12 12c. East St RE Tr(B)_/ a New Orleans. Per share. El Paso 103 (San Fran) _100 120 Gold 1 50Mc. 51c. Ensley Land Co_ _ _1 120 135 Et E Title Ins Hibernia 100 El Rayo 2 Essex Lafayette 50 St Tr (Boa).la 85 (Wash) 100 83 00 Federal M & Sin 100 12 30 FactoryBlilTr(B) .13 Meehan & Trad _100 150 Preferred 95 Rhode Isl S D. 100 110 _100 50 633% Fifty Assoc (Bos)_ a 4000 SD&TrCo of Ba1100 525 575 Sun 100 100% First National Haymarket Teutonia 100 120 Tr(B) la 70 80 St Paul Title&Tr 50 Cop.($3.75 pd).6 1 1-16 Hotel liellevTr(B) 1 a Title Tr(St1)100 New York. Per cent. Franklin 40 Cu 77% 25 7% HotISom'setTr(B) la 85 TitleInsCo(NY) 100 125 135 City of N Y_ __ _100 195 Giroux Cons IL _5 43, 4% Commonwealth_100 Hot1Tr,Thaine(B) / a 120 U S Casualty_ _100 215 325 Gold Dollar Cons_ 1 15c. 15%c. Huntington Fidel&Gu(M)100 Continental _ _ _100 990 1015 Cham US 165 167 Golden Cycle ___ _1 2 Tr (Boston). _1 a 75 US SD Co (NY).100 190 Empire City_ _A00 180 Goldfield Consol Fkielity-Phenix.100 Journal Big Tr(B) / a 40 US TGu&Indern100 100 310 325 Mines 10 5 Kimball Big Tr(B) 1 a 60 Westch & Bronx Tit German-Alliance100 300 310 Gold Hill Cop_ _ _10 Os Lovejoy'sWhTr(B)/ a 103 107 & Mtg Guar_ _100 160 166 German-Amer_ _100 515 535 Granby Cons II S Manhat Germania Bch Co....1 2 4 50 290 310 & P 100 27 28 MerehRETr (Bos) h a 500 MISCELLANEOUS Hanover 50 210 220 Granite-Bi-Metallic MunicipaIRETr(B)1 a 97 102 Adams Express_100 210 220 Home___ 100 700 715 (St Louis)_ _10 41 % Old South Nassau (Bklyn).. 50 145 Bld As .la 55 65 Aeolian-Weber- 150 Greene-Cananea _20 5% 6% Oliver Bid Tr (B)..1 a 90 Piano & Pian.100 Niagara 50 300 320 Guanajuato Cons_ 30 40 5 Paddock Tr (Bos)_1 a 80 Preferred .A00 90 95 North River_ __ 25 150 160 Hancock Cons_ __ 25 b 19 20 Pem'tonBldTr Pacific 25 175 (B) 1 a 60 Alaska PaekAssn 1 00 83% Hart Cons 1 Post Of Sq Tr(T3)_1 a 90 Albany (N Y) Safe Peter Cooper_ __ 20 90 100 Homestake Min 100 82% 87 Stuyvesant Pray BldsTr (Boa) 1 a 60 Dep&Storage.100 115 150 160 Hope Mining_ _ _ _10 Q'cvMarkRETr(B)/ a 102 Allis-Chalmers _100 United States__ 25 85 Inspiration 6% 7% Copp.10 6% 6% It J Assoc (Boa). _1 a 80 00 Preferred 100 17 18 Westchester 10 475 525 Isabella 1 104c.3 11c. Realty Williamsburg City Associates of Amal Asbestos_100 4 Island Crk Coal__ _1 32% Brooklyn 1 112 117 Preferred A00 (Brooklyn) __ 50 375 400 Preferred 1 84% 85 Philadelphia. South St Tr (Bos)_1 a 103 Am Agri Chem_100 49 51 Per share. Isle Royale Cop_25 13 14 South Term Tr(B) 1 a Preferred_..A00 Alliance of Phila..10 13 13% 75 85 101% 110 Jack Pot 1 6c. 6%c. State St Associates Am Bank Note _ _50 d 46 48 American Fire_ _100 k 60 Kerr Lake 5 4 (Boston) 1 a Preferred County Fire_ _ _ _100 s 125% 70 85 50 d51 53 Lake Copper_ _25 2234 23 State St Ex (Bos)_/ a 85 Am Beet Sugar_100 49% 50 Delaware 10 s 22 LaRose Cons _5 3% Suffolk It E Tr Fire Association 60 s (11) h a 750 Preferred_ _ _ _100 95 96 343% 344% La Salle Copper_25 3% 4 Summer St Tr (B) 1 a American Book _100 165 Franklin Fire__ 25 - 8 53M 100 170 Last Dollar 1 Term Hotl Tr (B)_1 a 100 Mn Brake Sh&F100 90 94 Girard F & s 280 Lexington 1 2%c. InsCo Preferred / a 100 Preferred_ _ _ _100 128 133 of N A__ 10 s 20% 20% Mary McKinney_ A 36c. 38c. Texas Pacific Land American Brass.100 InsCo State ofPa 50 k 53 122 124 Mason Val Mines_ _5 7% Trust certfs_ _ _ _1 84 85. American Can._100 Jefferson 50 k 135 Mass Cons 25 b 5 10% Ya 5% Trem'tBldTr (B)_ _1 a 1053% 107 Preferred_ _ ..100 83 85 Lumbermen's __ 25 Mayflower 25 75c. 1 Trim'tn Tr Mechanics' 25 (Bost)_1 a 95 Am Car & Fdry_100 48 48% 47% Miami Copper_ _ _ _5 19% 19% University Associ- Preferred_ _ _ _100 113% Pennsylvania F_100 k 405 Michigan 25 2 2% 118% ates (Cambr)_ _ _1 a 90 100 Ain Caramel_ __100 d 30 38% People'sNat Fire 50 s 34 Mohawk 25 33 40 Western Phila Life It E Tr_ _la 130 Preferred_ _ _ _100 95 100 10 S 11% Moon Anchor_ _1 2%c. 3%c. Winthropi3iiTr(B)1 a 50 Reliance 50 90 National 60 Am Cement d 11 12 25 Am Chicle 100 240 Spring Garden__ 50 k 90 Nevada Cons Cop_ 5 17% 17%3 250 Teutonia TELEGRAPH & Preferred_ .._100 104 107 100 Nev-Utah II & SAG TELEPH. STOCKS Union 20 k 2% New Am Cotton 011.100 51% 52% Idria Quick- Par. Per cent. Preferred_ _ _ _100 United Firemen's 10 k 16 silver 5 8% 09 103 Pittsburgh. AlbanyHomeTp 100 40 45 Arnereditlndem 100 155 Per share. Nipissing Mines..5 8 AmDisTeig(NY)100 Allemannia ____ 50 n 17 19% Am Express_ - - -100 x 212 217 North Butte _15 23 233% AmDisTeig(N J)100 n 49 FruitProd_ _100 Armenia 100 Ohio Copper..„ _10 1 51 Am 20 1%5 AmTelg&Cab,gul00 78 83 Preferred_ _ _ A 00 65 Birmingham ___ 50 Old Colony 25 b 15 8 2 68 German 50 AmerTelp&Telg 100 133% 134 American Gluo_100 Old Dominion 25 3? 37 Bell Telp (Can) 100 German-Amer__ 50 95 Ontario Sit Min_100 145 Preferred_ _ _ _100 sy145%, syl 46 23% Bell Telp (Mo) 100 11 Am Graphoph_ 100 Humboldt 50 Osceola 25 87% 88 03% Monongahela.__ 50 Bell Telp (Penn)100 k 122% Preferred_ - _ A00 22 Parrott Sil & Cop 10 9% 10 Cent &SA Telg_ _100 Nat Ben Frank Pharmacist Cons_1 115 1183% Am hardware. _100 140 23%c. Cent Cu Telp_ _100 45 Am Hide &Leath100 Pittsburgh 50 94 Chicago 3% 4% Teuton's. 50 Telp_ _ _100 120 121 Preferred_ 100 20 21 Amer Hosiery_.._25 d 210 225 a Purchaser also pays accrued int. b Assessment paid. c 2d installment paid. d Price per share, not cent. e Par 1,000. i Par value $1.0. k Last sale. I Par value $100. per value $500. h Par value m 1st installment paid. n Nominal. s Sale price t New stock x Ex-div • yEx-rights

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis SEPT., 1911.1 MISCELLANEOUS SECURITIES. 49

Stocks. Bid. Ask. Stocks. Bid. Ask. Stocks. Bid. Ask. Stocks. Bid. Ask. Par. Par. Par. Par. Am Ice Secur....100 17% 18 :Ions Rub Tire....100 3 434 3 R Montgomery100 80 100 R I PerkllorseS 100 3 Am-La France Preferred_ _ _ _100 20 29 Johns-Pratt Co_100 225 275 Preferred.... _ _100 62 Fire Engine 100 1 2 :!orn Prod Refg_100 1234 13 K C Breweries_ _100 15 Rich & Ont Nav100 115 11534 Preferred _ _ _100 8 12 _ _100 65 80 Preferred_ _ _ _100 50 Royal Bak Pow_100 195 200 Amer Linseed..-100 8:5 10% 3ramp(Wm)Preferred_- & K C Stk Yards_100 98 9934 Preferred__ ..100 x 106% 108 Preferred_ __ ..100 27 30 SonsSli&E131(1100 k 16% Kayser(JuD&Co100 50 51 Rub Goods M -pf100 Am Locomotive 100 34,4 34% Vot trust ctfs___ 1534 18 Preferred_ _100 10034 10134 Safety Car II&L100 120 121 Preferred_ _ _ ..100 104% 106 3rescent City Kennard Carpet- 100 140 St L Cot Comp_100 32 3434 Am Malt Corp_ _100 4 5 Slaughter-Hse_50 d k 35 Preferred_ _100 114 St Louis Transf 100 65 75 Preferred.. _ _ ..100 38 40 lrex Carpet...... 100 65 80 Kentucky Wag'n100 98 Savannah Brew 100 10134 Am Pipe&Cons_100 s96% 3uban-Am Sug_100 38 45 Keyst Watchc'e 100 k 10094 Sears, Roebuck Am Pneu Serv_ _50 d3 Preferred_ ...... 100 89 9234 linickerbock Ice100 & Co coin__ _ _100 13634 140 Preferred 50 d12 8 12% 3urtice Bros_ 100 150 Preferred.. _ _ _100 69 701 Preferred ....100 11834 1214 Am Press Assn _100 90 100 Preferred_ __ _100 110 Lake Sup Corp_100 22%3 23H Shultz Belting _100 Am Radiator.. _100 270 280 D H Holmes I,td100 135 150 Lake of the Woods Siegel Stores Cor 100 50 Preferred.._ _100 128% 130 De Long Hook Milling 100 x 1433% 144 Preferred_ _ _ _100 90 100' American Screw 100 165 & Eye 100 k 10034 Preferred_100 Silversmiths Co. 100 95% 97 Am Seed Mach _100 73 78 Denver UnWat _100 20 40 Lanst Monoty-p-e 100 93%5 9434 Simmons Hardw100 105 Preferred _ _ _100 97 100 Pref _100 20 40 Laurentide Pap_100 225 230 1st preferred _100 123 Am Sewer Pipe..100 12 Diamondcertfs-- Match 100 10334 1048% Liberty Mills_ _100 40 45 2d preferred _100 118 Am Shipbldg _ _ _10 543. 56 jist Sec Corp_ ..100 3034 32 Lit Brothers__ ...10 d 1634 17 Singer Mfg 100 255 265 Preferred_ _ _ _100 106 110 Dixon (J) Cruc _100 265 275 Lord & Taylor_ _100 40 60 Sioux CityStYds100 20 22 Amer Smelt Sec lu Pont (E I) de 1st preferred_100 Preferred...... 100 75 80 Pref Ser B .._100 83 85 Nemours Pow- 2d preferred _100 Smyth Mfg Co_ 100 215 Am Smelt&Refg100 68% 68% Common _ _ _ _100 135 145 Lorillard(P)pref 100 145 SoPortollicoSug100 76 85 Preferred_ _ _ 100 104 104% Preferred_ _....100 99 LouisvPubWhse100 92 Preferred_ ___100 105 110 Am Snuff 100 200 300 F.agle Lock 25 d 95 IA.misvTobWhse 100 78 7834 Spring Val Wat_100 5634 57 Preferred.... _ A00 90 101 ?.astern _ ..100 Preferred_ _ _100 132 135 Stand Cordage_100 X Arn Soda Fount.100 1% F,astm RodSS..- NJ_100 458 460 Mackay Cos.__ _100 8234 85 Stand Coupler_ _100 42 45 1st pref 100 45 Preferred _100 n 121 Preferred.....100 72 7334 _ _100 105 115 2d pref 100 5 6 FAectric Boat....100 MadisonSoGard.100 50 60 StandPreferred_- Milling.. _100 13 17 Am Straw Board100 Preferred_ _100 Manhat Transit_ _20 d 1% 2 Preferred__ _100 47 53 Am Sugar Refg_100 115 117 lecBd&Sh pf. _100 80 Manufaetd Rub.10 d % Stand Oil of NJ- 100 630 635 Preferred_ _ _ .100 115% 118 F,lginNatWatch.100 149 151 Preterred 10 dn 4 6 Stand Screw_ _ _100 91 94 • Am Thread pref.. _5 d 5 5% -fly Walker Dry Mann County Preferred__ _100 98 100 - Am Tobacco__ _100 366 370 Goods 100 75 Water (Cal)_ _100 StandUnderCab- 100 250 270 • Preferred...... 100 91 92 1st preferred _100 10034 Mav(The) Dept Stanley Rule & Am Type Foun_100 50 54 2d preferred_100 7834 gtoresCo corn 100 753% 7834 Level(N Brit) 100 295 Preferred...._ _100 100 102 Fairbanks E&T 500 d Preferred_ _ _ ..100 111 11334 Stanley Works_ _25 d 57 60 AmWinGlass pf.100 12 :rar & Ship 'fob Merg Linotype_100 228 22934 Stern Bros pref.. 100 x 9534 96 Am WinGlassM _100 2 3% Warehouse ....100 30 Mil & ChicBrew .C10 d 19 22 Stetson (J B)..100 8571 Preferred_ _ _ _100 3:5 5 1st preferred _100 100 Minneap Brew _100 150 Preferred ..100 k 206 Am Woolen...._ _100 26 29 2d preferred _100 80 Preferred._ ....100 107 Street's Western Preferred.... _ _100 87 91 Farm Itiv Pow....25 d 55 60 Morris Canal...... 100 65 Stable-Car L_100 9 934 Am Wringer _100 88 93 Fay &Egan pref _100 105 115 Preferred_ _ _ _100 170 Preferred .....100 45 50 Preferred.... _ _100 112% 115 Federal SugRefg100 44 47 MtOlivet Cern_ _100 90 100 Studebaker Corp100 5834 59 Am WritingPap.100 2 2% Preferred_ _ _ _100 89 91 Nashville Wareh Preferred _ _ _ _100 x 102 103 Preferred_ _ _ _100 26 28 len Asph tr ctfe 100 2834 29 & Elevator_ _100 20 30 Sulzberger&Sons— Asso Mer 1st pf _100 102 105 Pref tr ctfs_ ..100 683 69 NashvWoolen".11 100 20 30 Preferred__ _100 100 101 2d preferred....100 100 105 len Chemical....100 125 131 Nat Biscuit_ ...... 100 129 130 Swift & Co 100 102 10234 Associated Oil....100 52 Preferred_ _ --100 106 10834 Preferred.. _ _ _100 12534 12734 10th &23dSt Fer_100 25 35 Atl Gulf & W leneral Motors_100 42 • 43 Nat Candy 100 13 13%3 Texas Company 100 8534 87 Ind SS Lines 100 8 9 Preferred_ __ _100 8034 84 1st preferred .100 10434 Torrington Co_ _ _25 d 2934 30 Preferred...... _100 17:5 18% len Ry Signal_100 27 30 2d preferred .100 84 Preferred 25 d 28 30 Babcock & W11_100 101 102 Preferred_ _ _ _100 80 Nat Carbon.... _ ..100 100 101 Trenton Pot t _ _ _100 4 8 Bald Loc Wkspf.100 1033 104 llobe-Wernicke 100 129 135 Preferred.._100 11694 118 Preferred_ _ _ _100 50 55 Baltimore Brick 100 2 2% Preferred_ .....100 117 123 Nat Enam&S-Pg 100 16 1734 Prow Directory_100 25 35 Preferred...... _100 lorham Mfg pf.100 117 Preferred_ _ _ _100 93 97 Underw Typew_100 85 87 Baltimore Wareh 20 d lottlleb-Bauer- Nat Fertilizer_ _100 .50 60 Preferred_ _ _ _100 10934 111 Bar & Smith Car100 n20 30 Straus Brew_100 M 234 Preferred_ _ _ _100 75 85 UnBag&Paper .100 534 7 Preferred_ _ _ ..100 n80 90 lray & Dudley_100 103 105 Nat Fire-Proofg _50 d 6 Preferred _ ...... 100 51 573% Billings & Spen__ 25 d 45 lreat Lakes Tow100 1354 Preferred 50 d 25 N 2534 Un Construct. _100 36 Bliss (E W) Co....50 80 100 Preferred_ _ _ _100 82 Nat Lead 100 484 4934 Un Dairy (St L)100 Preferred 50 120 125 luggenheimExp100 180 190 Preferred_ _ _ ..100 104 108 Union Ferry (N Y Booth Fisheries_100 41 44 .Iackensack Wat _ 25 115 Nat Machine.. _25 d 23 & Brooklyn)A 00 21 23 Preferred...... 100 66 69 Preferred 25 115 Nat Sug Refg pf 100 100 105 Un Sand & Sfate.100 82 8234 Borden's Con M 100 123 125 Tall Signal_ __ _100 7 10 New Eng CotYn 100 x 110 113 Un Stock Yds Preferred_ _ _ _100 x 10634 108% Iarbison-Walker Preferred_ _ _ ..100 107 10834 So Omaha_ _100 89 90 British Col Packers Refractories ..100 New Haven Wat_50 d 89 91 Un Switch&Sig_ _50 d 845% 85 Assce pf A....100 88 Preferred_ 100 s 99 NJ Zinc_ 100 410 Preferred_ 50 d 100 Preferred B_ _100 88 :Iartford Carpet 100 124 127 New Or! Brew 100 3734 Un Typewriter_100 40 4234 Broad Brook Co_25 d 24 30 Preferred...._ ..100 124 126 Preferred__ _ _100 62 70 1st preferred _100 108 113 Brunswick Term lavana Tob _ _ ..100 3 5 N Y Air Brake_100 63 67 2d preferred. 100 103 105 & Ry Sec_ __ _100 8 % Preferred.... _ _100 8 12 N Y Dock_ _ _ _ . 100 25 Untd Box Board100 134 15% Burr Index 25 d 15 :Iawaiian Corn Preferred_ 100 66 Untd CigarMfrs_100 50 51 Butterick Co.._ ..100 283/ 30% & Sugar 25 d 4134 NY&E Riv Fer_100 Preferred_ _ .. _100 x 101 105 Calif Fr CanAssn100 108% 110% lerr-Hall-Marv.100 15 25 N Y & Hy Co vot Unit Cig Stores Calif WineAssn._ 100 65 loboken L&Im 100 tr cents 100 115 120 Corp of 100 225 235 Preferred.... _ _100 85% IolyokeWatPo..100 375 Pref vot tr ctfs 100 Untd Dry Gds_100 100 103 Calumet & Chic Tooven Owens & N Y Transpor_ _ _20 d 3 4 Prefei red_ __ _100 102 105 Can & Dock_100 51 53 Rentschler pf.100 100 Nicholson File_ _100 Untd Fruit_ _ _ _100 1815% 183 Canada Cement _100 2134 21 loster-Columbus Niles-Bem-Pond100 92 97 UntdShMachCor 25 d 42 423.4 Preferred _ _ _100 80 80% Breweries_ __ _100 2 Preferred._ _100 98 105 Preferred 25 d 273.4 275% Canadian Car&F100 63 Preferred_ 100 2734 Norf&W Stboat 100 210 U S Bob &Shut A 00 35 40 Preferred _ _ _100 103 Jouston Oil_ 100 85% 934 North American 100 685% 70 Preferred_ _100 105 Can Con Rub_ _100 n9234 Preferred_ _ _ _100 70 74 NW StatesPortCem USCastIP&Fdry100 1234 13 Preferred _ _ _100 n102 103 lueb-Tol I3rew_100 534 6 Common _ _ _ _100 18 Preferred_ _ _ _100 46 4694 Canton Co 100 117 120 Preferred_ _100 29 33 Preferred_ _100 71 LI S Envelope_ _100 70 Casein Co of Am 100 2 2% lutchSugPlta'n_25 d 1734 17/8 Ogilvie Fl Mills_100 122 12234 Preferred...... 100 113 116 Preferred_ __ _100 40 53 lydratilic Pr 13r 100 8 8% Preferred _ _ _100 x 122 12234 U S Express_ _ ..100 90 94 Case Lockwood & Preferred_ _ _ _100 75 Old Domin SS_ _100 U S Finishing_ _100 90 95 Brainard Co_ _100 145 Ilinois Brick_ _ _100 515% 52 Otis Elevator_ _100 69 70 Preferred_ __ _1 00 105 110 Celluloid Co_ _ _ _100 134 137 ndepen I3rew'g_ 50 d 434 434 Preferred_ _ _ _100 99 101 US Glass .100 d 34 Cent Fire Works100 Preferred 50 d 2334 24 PacCoastBorax_100 153 U S Ind Alcohol 100 22 29 Preferred...... 100 ngersoll-Rand 100 100 Pac Coast Co ._ _100 85 105 Preferred ...... 100 85 96 Cent Leather__ _100 2334 23% Preferred_ _ _ _100 100 1st preferred _100 95 110 U S Motor 100 32 33 Preferred_ _ _ ..100 9434 95% ntercont Rub_ ..100 23 24 2d preferred _100 90 105 Preferred...... 100 72 74 Champion Coated ntern Agric Corp— Pacific Mail SS_100 2834 285% U S Play Card_100 150 160 Paper 100 160 180 Pref vt tr ctfs_100 101 102 PeckStow&Wilc_ 25 d 30 35 U S Print of 0.100 91 92 Preferred_ _ _100 111 115 ntern Banking 100 95 Penn Salt Mfg_ ....50 ds 113 114 U S Realt3'&Im.100 66 68 ChesebroughMfg100 700 800 nter Button Hole Penn Traffic_ _ _ 2% d I% 15% US Red & Refg 100 2 4 Chicago Audito- Sew Machine_ _10 d 5 55% Phelps Dodge Preferred_ __ _100 2 18 rium Assn_ _ _100 6 7 nter Construc_100 42 & Co 100 195 215 U S Rubber__ _100 3694 3694 OhicBrew &Malt £10 1 1% nt Educational Pierce, Butler & 1st preferred_100 10834 109 Preferred_ __ _£10 5 5:5 Publishing_ _ _ _50 203% 215% Pierce Mfg pf_100 101 103 2d preferred _100 70 76 Chic June Rys & Preferred ....50 41 44 Pittsb Brewing__50 d 1734 1794 US SmRef&Min_ 50 d 3154 32% Un Stk Yds. _100 165 nternat Harvest Preferred 504I 42 4234 Preferred Preferred _ _ _100 114 Corn tr ctfs_ _100 '106% 10634 Pittsb P1 Glass_100 s 106 108 Va-Caro Chem_10050 d 5452% 455217 Chic Pneu Tool_100 46 47% Pref stk tr ctfs100 11934 12034 PlimptonMfgCo.100 95 Preferred_ __ _100 117 11734 Chic Ry Equip_100 7934 nter Mere Marine Pope Mfg 100 40 45 Vulcan Detinn_100 10 18 Oin Tob Wareh_100 51 55 Corn tr ctfs_ ..100 4 43.4 Preferred_ 100 75 77 Preferred...... 100 56 70 Cin Un Stk Yds_100 90 Pref stk tr etfs100 14 15 Pratt & Cady_ _100 70 90 Waltham'Watch 100 32 35 Oity Investing.. _100 65 nter Nickel_ __ _100 243 250 Pratt&Whit pf _100 10234 Preferred_ _ _ _100 118 120 Preferred_ __ _100 98 100 Preferred...... 100 98 101 PressedSteelCar 100 30 31 Wash Market__ _50 d 17 Clailin (H B)Co 100 90 95 nter Paper_ _ ..100 10 108 Preferred_ _ _100 97 100 Wells Fargo &C 100 143 14954 1st pref 100 89 Preferred.. _100 46 46 Proc & Gamble_100 400 430 Welsbach Co_ _100 40 2d pref 100 90 nter Power_ __ _100 2 5 Preferred_ _ _ _100 185 200 West States Port- Clev&SandBrew100 12 nter Salt 100 2 5 Producers Oil_ _100 85 100 land Cement _100 20 Preferred _ ...... 100 38 nter Silver_ _100 80 100 Pullman Co...... _100 15534 15634 Preferred...... 100 65 Cleveland Stone 100 100 103 Preferred__.. _100 115 118 Pure Oil 5 d 834 834 Western Stone.100 19 21 Comput-Tabulat- & nt Smelt &Refg 100 125 Preferred.. _100 100 102 WestingAirBrake50 d 144 Recording Co 100 50 60 nter Smokeless Quaker Oats.... _100 189 191 Westing Auto Air Consol Car Heat 100 58 65 P & Cli corn....50 d 14 15 Preferred_ _ _ _100 106 107 & St Coupler..100 2 454 Con CotDuckCor.50 d 2 3 Preferred Sod k 50 Ry St1 Spring_ _100 29 31 Winchester Preferred 50 d 15 18 nt SteamPump 100 32%8 333.4 Preferred_ _100 100 105 Repeat Arms_100 1000 Cons Fire Wks_100 Preferred_ __100 83 87 Reece Button- Woman's Hote1.100 60 Preferred_ _ _ ..100 nt Text Book....100 144 146 Hole Machine_10 d 133( 14 Worthington Cons Ice(Pittsb).50 d 10 ola Portld Cem_25 d (II R) pref__100 108 110 Preferred 50 d 45 Preferred 25 d • b New stock d Price per share, not per cent. k Last sale. n Nominal. 8 Sale price. t Ex-stock div. z Ex-dividend. y Ex-rights.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis STATE AND MUNICIPAL BONDS. ('It is not the custom in quoting municipal bonds to include accrued interest in the price given. Hence Interest must in all cases be added on. There are a very this accrued few instances which form exceptions to the rule-that is, where the prices given are flat prices, the accrued interest having been taken into account in by a special mark, thus (f). making them. These are indicated The figures in the column "to net" indicate the basis on which the securities sell or the interest rate which the securities, if held to maturity, will net to the purchaser at the present market price. To Bonds fo Bid. Ask. Net. Bonds Bid. Ask. To Net. Bonds Bid. Ask. Net. ALABAMA Greenwich-4s 1913 99 ___ 4s renewal Cl C 1956.. ..J&J 104 1043% Augsburg 4s op 1906_ _A&O 9935 1004 Hartford-4s 1918 J&J 100 ___ Berlin 332s opt after 4s Currency fund'g 1920A &J 101% 4s g Water 1918 '09_J&J 94% 95 335s renewal Jan J&J 100 - Cologne 4s opt 1905_ _ _A&O 100 1956_ _J&J 95 97 335s g July 1 1954 J&J 91 101 Birmingham 6s Ref '23_F&A 107 Cogenhagen 4s of 1901_ M&N 97 100 112 Hartford School Districts- bs Improv 1921 M&S 102 106 4s Arsenal J&J 86 89 School 1917 J&D 99 Frankfort 330 of 1901_ M&S d 9232 bs 1924 J&J 102 106 4s 2d North '24 op '04_J&J 97 93% Jefferson Co-Os 1921__A&O 64470 Hamburg 4s yearly from 4s South 1927 M&N 98 1906 optional 65 Dec 1 1917 J&D b4%% 435 0 __ 334s South 1909_J&J 10035 101% 1931_M&N 90 3s of 1902 M&S 81 5s July 15 1920 J&J 435 3 s South 1955._ MA'S 89 82 430 July 1 1931 J&J 101 Havana-lst 6s 1939_ _Q-J 106 108 103 Merlden 4s 1914-1918„J&J b4.15 4-.---- il--- I5:: %o----- 2d, 6s Madison Co- Meriden (Town)- Q-J 102 106 bs July 1 '19 op '09.__J&J b4U% Munich-4s optional_ 1911 100 101 435% 3Ms 1917 to 1924___M&N 91 Stockholm 5s July 1 1929 opt '19 J &J b44.% 432% Middletown 4s 1941_F&A 1.5 100 102 -4s 1922_J&J 98% Vienna 4s g opt 1910_ Mobile-5s '12-'19 opt_ Al&S 99 100 4s Sch 1915 op 1910__J&J _A&O 94 95 430 Refunding 99 165- Baden (Gr 'Duchy) 4s 1909.... 101 102 1937 A&O 100% 101 335s 1921 J&J 93 96 430 Wat & Sew '39_ _J&J Bavaria 4s M&N 101 102).4 98 100 NewBritain 48 July 1'27F&A 99 Hesse 4s Improv 1921_ _ _ _M&S 95 97 335s optional_ __ _A&O 904 914 335s Sewer 1924 J&J ,-4-3i Prussian 3s of Mobile Co 5s Ref 1928_M&S 104 106 New Britain (Town)- 1902_ _ _A&O 83 84 New 4s irr be! Apl '18A&O 48 C H & Jail 1926 J&J 92 95 330 Sch 1929 op '09_ F&A b4 4% 102 103 Montgomery-Os 1924_ _J&J b4%3 b435% Saxony 3s A&O 82% 83% New Haven-4s 1912-19_J&J 99 State of Jalisco, 6s Jan 1 1921 J&J 64% 0 b4 4s Sewer Mexico- 1912-1925._ A&O 99 Os gold 1918-1928_ _J&J 6s May 1 1918 J&J b44% b4leo 330 Oct 1911-1924__A&O b4.10 103 430 Water 1928_ _ A&O 6s gold 1920-1930_ _ _F &A 103 95 100 4s Town 1939 J&J 9936 Os 430SchWW&Sew'44 J&J 98 100 330 Town silver 1933 J& D 40 48 1912-1929..J&J b4.10 Vera Cruz, Mexico- Montgom'y Co-5s '35_A&O 103 105 New London 48 Sch '27.J&D 99 Selma-5s W '27 op '10 M&N 100 102 bs s 1 Dec 31 1930__J&J 95 330 Water 1926 J&J 93 CANADA ARIZONA Norwalk-4s g May '35_J&J 99 5s Fund 1942 op '12_ _J&J 15 335s Ref Nov 1 1913M&N 97% 1004 100% 330 (Town) 1018....A&O 95 - 38 Funding '53 op 1913_J&J 335s Water '29 op '19 J&J 92 Phoenix-5s 1924 op 1919 to 5s Cons debt deb '20_J&J Norwich-4s 1930 M&S 98 5s£ 1923 M&N Town 330 1925 1917 J&D 31 44g J&J 92 Hamilton-4s i920. M&S Prescott-5s 1948 J&J 100 101 Orange-4s g Fund '2.5 J&J 98 _____ 97% 98 bs 1955 on 1910_____J&D 100 ___ Manitoba-4s g 1930 .M&N 98% 100 Waterbury430Sch'12-21J&J b4.05 4 ___ 4s Tucson-5s Water 1950.J&J 100 101 -- 44s Water Drainage July 1 '29.J&J 98% 100 1912-71J&J b4.10 4.05 ___ Montreal-4s 1925_ __ _ Al &N 430WWMch10'38 M&S10 :1 % 4s Water 1920-49_ _J&J b4.10 4.05 ARKANSAS 4s reg May 1927 .M&N 4 4s Park 1912-1958.. J&J b4.10 4.05 4s May Fort Smith •330 1 1933 £____Al&N 4 School 1912-32J&J b4.10 4.05% 4s May 1 1944 5s Water-wkr '23-26_ M&N 43% Willimantic-4s 1924.. A&O 98 4 Helena-Judg & refg 5s 1912 330 Rfg May 1939_ ISAUNN 4 DELAWARE New Brunswick, to 1924 J&J 4s June 1 1932 Prov of- Rock- J&D 100 • 101 330 Jan 1933 J&J 92 Little • 330 Hosp 1915 op '06...J&J 4 93 bs School 1912-1928_ A &O 43% 4s April 16 1921_ A&O 16 99 100 3s Dec 1 1927 op '02_ _J&D 4 4s July 3 St Francis Levee Dist- New Castle County- 1930 J&J 99 100 6s Oct 1 1943 opt '33_J &J 104 4s 1932 op 1902 J&J 994 100% 107 430 H'way Im'26-34.J&D 43% 4s 1932 6s 1947 opt 1937 ___ _J&J 104 107 4s op 1902_ __F&A 15 9935 1003% Refund Dec '11 to '24_ 43% Nova Scotia, Province 5s 1949 opt 1929 J&J 100 101 330 1914 to 1920_ of- CALIFORNIA _J&J 43% 4s July 11919 J&J 99 100 Sussex Co-4s'12 to '22_J&J 4% 4s Jan 1 4s Depot Jan 1 1912...... _J&J 3.90 Wilmington-435s 1920 J&J 99 100 '22_A&O -64:1.6 4-.45%, 4s May 1 1920 M&N 99 100 Alameda-4s '11 to '41 _ J& D 4.40 435s St & Sew 1934 A&O 430 MunImp'12-'48_ A &O Ontario, Province of- 4.40 4s St & Sew Apr 1925.A&O b4.10 4.05% ___ 332s'36 (tax-exempt)_J&J Eureka-435sg'12-'44 J&J 15 4.45 DIST OF COLUMBIA b4% 3.90 Los Ang-5s '11-'12_ __M&N Ottawa City- 4.30 3.65s Fund cur 1924 _F&A 105 106 330 Sew 430 1912 to 1935_ _J&J 4.30 FLORIDA Sep 26 '28..M&S 92 93 Quebec City 430 1914 _J&J 44sORDec31 '14-'47 J&D 4.30 DuvalCo 530'32 op'12 M&N 45 W ann 1911 to '45 M&N 4.30 435s 1922 J&J 4 bs Road 1939 J&D 330 g July 4s g 1912 to 1930____J&J 4.30 Jackson County- 1030_ _J&J 4 3%s Water '11 to '41 _ A&O 330 July 1 1931_ _J&J 4 4.30 4s Court Irse 1936_ M&N 330 34s Sch 1912 to 1944 J&D 4.30 Jacksonville- Jan 1 1931_ _J&J 4 330 July 1 1933_ _J&J Los Ang Co 432s'15-49_F&A 4.15 bs g imp May 15 '24_ M&N 4 Merced Co--4s '11-'16_ .... Dec Toronto-4s Apr1 1916_J&J 4.20 5s improv't Jan 1936_J&J 4s July Oakland-5s July 1912 J&J b 4.30 435, KeyWest-5s 1 1918 J&J 4 '55 op'35.A&O 101 _____ 330 July 1 1913 J&J 430 Pk Jan 15 '12-'42J&J b 4.30 435 0 ___ Pensacola 43.s '360p'26_J&J 435 Oakland S D 4s '12-'44_ _J&J 330 July 1 1914 J&J 4% 4.30 St Augustine-5s 1927.. M&N 335s July Pasadena-4sJan'12-'42 J&J 4% Tampa-6s 1 1944-45 _J&J 4 g 1921 J&J 108 Winnipeg Man-4s June 1'34 Pasadena School District- 5s g• R June 11029.. _J&D 10235 _____ 4% 430 1912-1922___Sept 15 4.35 FOREIGN GEORGIA GOVERNMENTS 7s University '32 to '46_J&J Sacramento-4s Ja'12-'45 op 4.30 Argentine Republic- Sacramento Co 430 Dec 10 43%s ref 1912 to 1916_ _J&J b4.10 34% Internal g 5s of '09 sf.M&S 064 97 Act 1917-1946 J&D 4.15 Br1tish-Cons235s 43%s of 1884-1915J&J 101 4 102 op'23_Q-J 774 78% __ 430 1922 J&J San Diego-44s '12-'41 J&J 4% Chinese Government 5A.A&O b4.10 34 San Diego County- 101 11.00%3 i - 4s July 1 1926 J&J b4.10 3434 Hukuang Rys- 330 May 1 1915 435s Highway '1.1249A&O 4.20 5s s f g loan M&N b44% San Francisco- '11.J&D15 97 98 3, s Jan 1917-1935 J&J b4.10 34° Cuban 5s 1944 op 1911_ M&S 10335 . July 1 1913-55_ __J&J b 4.45 4%% -__ Athens-5s 1922 M&N b435 70 44 "Internal" 5s Nov 28 1913 Atlanta 3 s g July 1 1912-44.J&J b 4.45 4%% optional -6s Cap 1014.. J&J b4.20 4.15 San Joaquin Co 5s '12-49J&J M&N 28 99 994 5s Red Sept 1915_J&J b4.20 4.15 bsq 4.20 "Ext'l"g 410'49 opt F&A 98 98% San Jose 4s 1912-'46_ _ _ A&O 435 430 Redemp 1916_l j e.1 b4.20 4.15 French 3s perpetual Q-J 94 95 435s 1922 Santa Barbara-5s gold Sch German-3%s opt_ b4.20 4.15 __A&O 93 94 430 Jan 1 1940 J&J b4.20 4.15 1912 to 1941 Jan 10 4.40 335s perpetual J&J 93 430 g Aug 1943 F&A 94 4s Water May 31 '23_ _J&J b4.20 4.15 4.40 3s 83 84 330 July 1 Stockton S D 5s '12-'21_J&J 4.40 New '31 & '33_ ...I&J b4.20 4.15 4s irr bet Ap l'18eSzoT 102 103 Augusta-6s 1915 F&A 4.20 CANADA-See last col umn t his pag e. Hawaii, Territory of- COLORADO bs 1921 Al &N 4.20 430 Impt '21 op '11_ _J &J 1O13- 1023% '24..M&N 4s 1922 opt 1912 M&S 99 100 ___ 430 Red May 1 4.20 430 Imp '20 op 1910 J&J 101 __ 4s refunding 1934_ _ _J&J 964 9835 Boulder-44s 1919.. A&O 4.60 4s Imp '31 Chaffee Co- F&A 1034 1-0-4-Ji 3-.70 330 April 1930 A&O b415% 44% 330 Imp '21 op 1911_J&J 97 --. -. Brunswick '21J&J 5s ref '23 opt '13_.. _M&S 99 100 -5s Jan 100 104 Japanese Government- Chatham Co-5s'12-'19_J&J 4.20 Colorado Springs- 4 s £ '25 op 44s Nov 1 1912 '10__F&A 15 e94 94% Columbus-430 1927_ _J &J b4 4% op 1902._ 9835 100 4)s £ 1925 opt 1910 (2d 48 Ref'g '29 opt '14_ M&S 97 430 Refunding 1939_J&J b4 4 0 43%% 974 series) J&J 10 c____ 944 Macon-5s July 1923..__Q-J 10235 104% Denver bs Oct 1910...... A&O 103 105 4s £ '54 op '10_J Denver School 30 & D 31 c88 89 435s Oct 1926 Q-J 102 104 District- 4s Jan '31 opt after 1921 c87 430 1917 opt 1907_J&D 99 89 4s Pay& Sew '20 to '39 J&J 96 99 100 - Philippine Islands- Roine-5s Fund Jan '12_194z 100 102 4s 1922 opt 1912.. __ _ M&N 435 4s g L Pur '34 op Florida Mesa Irrig '14_ _Q-F 100% 430 1926 Dist- 4s P Wks & Imp 1935_Q-M 6s Aug 1 1921 to '30_J&D 97% Savannah 5s July 1 '13_Q-J 100 100 4s Impt 1936 op 1916 F&A 430 refunding 1959_F&A 107 109 Gunnison Co 4s'19op'09 A&O 85 90 Manila RR (South Lake County- Lines) IDAHO 1st g 4s '39 gu op_ M&N 86 4s Nov 1921 op 1911_ A&O 83 5s 1915 optional 1905- _..J&J 85 Philippine Railway- 432s May 1 '31 op '21 _ _ _J&J b4.15 4.10% Ourav Co-4s'21 op '11 F&A 85 90 1st g 4s '37 stop gu_J&J Pueblo 6s Sept 1 1921.M&S 84 864 Bannock Co-6s '12216_J&J Porto Rico-4s 1912-33_J&J b3.55 3 40% 5s1918 op 1913 J&D b435% Boise City-Os Imp July 1 4.40% Russian 4s of 1902 opt.._Q-M 9135 9235 1922 optional 1912___J&J 100% 434s Water '14 op '06 A&O h44 % 4.40% Wladikawkas 4s Rio" Orande Co- Jan 13'57 Boise City School District- optional 1916_ _J&J14 84 87bs '15_M&N bs 1919 op 1909 F&A 99 101 Nov 1925 opt 4% San Paulo, Brazil- Lewiston 5s 1922 op '12_J&J 4s 1919 op 1909_ _ _ F&A 85 90 Treasury g 5s 1910... Trinidad-5s '12 op J&J e973% 98 Shoshone County- '07 A&O 99 100 Swedish RR 4-330'20 _F&A 89 '15..J&J Victor-5s 1916 op 'll_F&A 87% 91bs1915 to 1924 op 4% 90 Switzerland 4s optional J&D 1004 ILLINOIS CONNECTICUT United States of Bridgeport- Brazil- Chicago-5s Wat '12 opM&N 99% 10035 5s of 1903 op 1906_ _M&N 99 102 4s g River 1915 994 435s Court H July '18_J&J b 4.20 4.10% United States of 1003% _ 4s Corp July 19l9. Mexico- 4s g Imp 1912 to '24_Jj:&:J: 99% looy ._J&J_J&J 09% Os g Refunding '44_ _Q-Jan c9635 97 Bristol-4s Funding '27_J&J 994 4s 'World's Fair 1921 J&J 99% oo bs con sil loan of '94_A&O 46 49 4s 1912-1025 Danbury-4s 1920 J&J 99% 4s g 1954 g 99% 1003% 330 Oct J&D 90 4s g Judg 1912 to '24_J&J 998/i 1941 A&O 90 3s 100% -- E Hartford Internal Loan NY' 33 4s g Gen Corp '12225.J&J 99 -4s'24 op04A&O 100 ----- FOREIGN CITIES, 1003% East Hartford Fire ETC. So Park 4s '12 to '24_J&D 99 994 District- Amsterdam 4s 1900-0 A&O 10035 1014 4s Oct 1931 A&O 99 _____ Lincoln Park 4s 1923.J&J 99% 4s 1904 1 &JJ 994 1013% ___ W Ch Pk 43 '14-'30 -J&J 994 a Flat price b Basis. c On basis of $5 to the £. d On the basis of 4 marks to the dollar. 1-In London. n Nominal. 8 Sale price

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis SEPT.. 1911.1 MUNICIPAL BONDS 51 To To To Ask. Net. Bonds Bid. Ask. Bonds Bid. Aak. Net. Bonds Bid. - Baltimore- Sanitary District- Topeka- 1)nicago '26 _J&J b 4.35 58 July 1 1916 M&N 104 os July 1 1912 to 1914_J&J 4.05 5s Top Wat Sept 43%% 101% 434s Elec Light 1929_J&J b 4.35 43%% - 4s Parks 1955 M&N 101 4%s Jan 1912 to '15J&J 4.05 4s Annex 1954 J&D 101 101% 1923_J&D 9934 99%3 .. 4s Water April 1 '24_ A&O b 4.35 43%% 4s Dec 1 1911 to _J&J b 4.35 43%% 4s Nov 1 1920 M&N 101 101% 33.4s June 30 1918___J&D 9654 ------_ 3%s Refund. 101% peka School District1919--- 4s Water 1926 M&N 101 :look Co-4s g 1912-23.._J&J 3.9 334s July 1 1930 J&J 93 93% 4s g C't H Sept '12-25 M&S 3.92 4s Jan 1925 J&J 100 Wichita-6s 1915 J&J 100 334s Imp 1940 J&J 93 93% 334s g 1912 to 1923J&J 4 334s March 1945___M&S 93 93M East St Louis- 55 1929 opt 1919 J&J 4%s 1923 A&O 100 334s Refunding 1952.J&J 93 93A 434s ref Sept 1 '28_ _Sept 1 102 103 33.s Jan 1 1927 J&J 86 88 4iiincy-434s 1912-17_ July __- Wichita School District- ___ 434.• July 1 1923 .T&J 100 Cumberland- 4s Ref 1912 to 1917July 1 10034 10154 45 Water 1923 F&A Rock Island- Wyandotte County- 10154 ___ 4345 Fund '19 to '23_ _J&J b4.30 4.20% __ Frederick- 4545 Refg 1912 &'17_M&S 10034 -- 4s 1918 opt 1903 J&J ipringfield- 43.4s Bridge '24 to '33_J &J 54.30 4.20% 334s Ref'g Sept 1920_Sept 95 96 _-- KENTUCKY Covington- MASSACHUSETTS INDIANA (See foot-note o) 33% 334s g Oct 1918 J&J b 3.90 3.S()% 134s Fund '15 opt'10M&N 55 1920 opt 1910_ F&A 4s Water 1927 J&J 3.95 354s gold Nov 1923M&N 5 3.90 3.80% lAs Fund '15 opt '10_ _A&O 33% July 1 J&J a 33% 4s Redemption 1922_F&A 334sg 1935 93% 'BooneCo4s CH'11-'20_M&N 33-4s Water 1942 J&J 92% 93% Crawfordsville 4s '12-20J&J o 3.80 Fayette County- 4.30% _ . 43%s g Fund '12 to '24-J&J 45.4 334s g July 1944 M&S 3.90 3.80% Evansville-6s 1912_ _J&J 5434% 3s g April 1915 A&O 5 390 3.807 5s Jan 1 1912 J&J 54 % 4.30% Frankfort- Jar.154%% 4.30% 43.s 1927 opt 1917- -J&J 4.40 3s April 1 1929 A&O 3.90 3.80 4345 Jan 1 1912 . 3s g May 1929 M&N b 3.90 3.80 0 4s July 1 1912______J&J 5434 % 4.30% ___ Franklin County- 5s 1913 to 1924 J&J 45-4 3s Met Sewerage 1936_M&S 5 3.90 3.80 'EvansvSCy3)is'12-'17M&N- o 3.80 g „J&J o Lexington- 35 July 1 1939 J&J 5 8.90 3.80% ;Floyd Co 4s 1912-30- 33% 4.40 3s g Water Jan 1 1941_ _J&J 83% 8454 FtWay-4545 Oct 10'13A&O 43.4 55 RR aid 1918 J&D 3.80 4s Feb 1945 F&A 43% Arlington-4s Water '22.J&J 100 o3yis ref wat Jan 18'20J &J o Attleborough-4s 1924_ _J&J 100 •Ft Wayne S D 43'14-23A&O 0 3.80 Lexington S D 45 1938_J&D 33% Louisville- 354s March 1935_ _ _ _M&S 92 _ oi Franklin Co 45 '12-'30_JdrD o Beverly-4s Water '17_F&A 99% •Hunting'nCo334s'14-24.J&J o 33% 434s Hospital 1951__M&S 10934 110 _ _ on Mun Imp 1923_ ..J&J 1003-4 10134 4s Sewer 1912-36_ A&O • [ndianap-4s Mch 1 '24..J&J 43( 4s Boston- 4s Park Imp Jan 1 '27.J &J 99 43% 4s do Dec 1 '28__Q-M 10034 10134 --- 4s Park 1930 J&J 10034 10134 4s Water 1919 A&O 3.90 03%s Hospital 1936_ _J&J o 98 99 ___ 4s Park 1920 J&J 3.90 0354s City Hall 1939_ _J&J o 98 99 ___ 4s Ref'g July 1 1937_ _J &J 10034 10134 4s Sewer 1947 F&A 10034 101 4s July 1936 J&J 3.90 oIndianap SD 4s '12-26_J&J o 98 99 ___ 4s Tunnel & Sub '48_J&D 107 108 033-4s July 1 1941___J&J o 98 99 ___ 334s g Ref'g _M&N 903% 91 Refunding1940_- 1943_J&J AO% 91 __. 3348 Water Apr 1 '17 A&O 1.56 Feffersonville- 334s 3%s Imp Sew age '19_J&J 3.90 o”is Refund 1925_.M&N o 3.80 3s Sewer & Par 1941_J&J 903% 91 County- 334s June 1 1923_ J&D 3.90 •Knox Co-4s 1911-20_J&D 0 33% McCracken 354s June 1 1924_ J&D 3.90 Kokomo-4&16-21-26-31M &S o 3.80 5s Ref 1933 op 1913_M&S 9.60 o 3.80 5s Ref 1933 op 1923_M&S 4.60 334s June 1 1932____J&D 3.90 'Lafayette 430'200p'15J&D 354s June 1 1934_ J&D 3.90 oLaPorte Co 5s '12-28_ _J&D o 3.80 Owensboro- 334s July 1 1935 J&J 3.90 oLoganspt 3348'26op'16..J&J o 3.80 4s Water 1931 op '11 _J&J 1930 op '15..J&J nis June 1 1943_ J&D 3.90 darion Co-4s Ref '27_ _J& D 4% 4s Street 354s June 1 1944 ...J&D 3.90 03%s Bridge _ __J&J o 98 • 99__ ___ Paducah- 354s July 1 1945 J&J 3.90 onis Refund1924- 1925__J&D o 98 99__ 4%s 1918 op 1898J&D Oct 1 1920 A&O 43-4 3s Jan 1 1921 .J&J 3.90 oMicheySchCy4s'12-'19.F&A o 3.80 4s Brockton, 45 May 1927 M&N 100 •New Alb 5s May 1 1915 J&J o 3.80 LOUISIANA J&J 9834 99 3345 Water 1932_ _ M&N 92 93 oRichmond-4s 1927M&S o 3.80 4s State 1914 - - - Brookline- 01t1chm Sch Cy 4s'15-19F&A o 3.80 Atchafalaya Levee Dist- 1949 op 1939_M&S 108 112 4s Water 1912 to 1923.J&J 100 St Jos Co 3548 '22-24_ _A&O o 99 5s Ref Cambridge- 033-4s 191 2-1 926 F&A o 09 ___ Baton Rouge- Impt 4s '45 opt 1915..J&J 4s Water Dec 1 1917_J&D 100 iouth Bend-o4s 1925_ _J&J o 3.80 354s Water May '25_M&N b 3.95 03348 Nov 1 1918__M&N o 3.80 Bossier District Levee- 1922 opt 1912__M&N 10034 35 Bridge 1941 F&A 83% iouth Bend School City- 65 Chelsea- o4s Sch ImAug15'22-31Jda a 3.80 Caddo District Levee- 1922 opt 1912____J&D 10034 ______4s Park Oct 1936_ __ _A&O b 4% 3.95% rerre Haute-Os '12-18A &J 434 Os Everett-4s Sew 1929_ M&S 100 o4s Fund May 1 1915 M&N o 3.80 5s 1951 op 1941 J&J 105 Fifth District Levee- Fall River- o4s Oct 1 '27 opt '17_ A&O o 3.80 4%s School 1913_ A&O 100 o48 Sewer Aug 11930 F&A o 3.80 5s 1950 opt 1940 J&J 106 opt 1942 J&J 106 4s Water June 1923_ J&D 100 pTerreHSchCy4s'12-31.M&S o 3.80 5s 1952 92 o 99 Lafourche Basin Levee- nis Water Feb 1930_F&A 'Vanderburg Co 33-4s '22J&J ___ Fitchburg- •VigoCo434sDec15'11-27J &D o 33', 5s Jan 1954 opt 1944 J&J 10834 _____ 35-i Lake Borgne Dist Levee- 4s Reg April 1 1922 A&O 100 4s Bridge 1923 J&J o 334s Water 1926 J&J 92 INDIAN TERRITORY See Oklah oma 5s Dec 1952 opt 194'2_J&D 105 New Orleirns- Gardner- IOWA 100 3urlington-4s 1924_ _ _ F&A 434 7sg G S & DSJuly'22.Q-J 120 4s Water 1912-1934_M&N 5s Premium J&J 125054 _____ --- Gloucester- 3edar Rapids- '11 to'31.Adr0 91 4%s 1912 to 1918.._.J&J 4.10 5s Premium (dr num)_J&J f .______3%s Water 4s Floating debt 1948.A&O Haverhill-4s 1927_ J&D 100 45 1912 to 1919 J&D 4.10 3.5.) School Dist- 4s Constitutional 1942.J&J 1013% ___ Holyoke-4s g 1927 J&J :1edar Rapids Dec J&D 3.55 3%s Sch '12 opt '06. J&D 4.10 4s Public Impt 1950 opt 3545 1911-1932_ 1942 (old iss) J&J 9743 983% _ -- Lawrence- 3ounci1 Bluffs- 1924 J&J 100 454s Wat-wks '16-30M&N 4.20 4s Pub Impt'42 op '28 J&J 0334 4s July 1 4.20 Orleans Dist-5s 1013_ M &S Leominste1-4sg 1926_ A&O 100 434s Fire Eng Hse'20_J&J Lowell-4s Water 1920.M&N 100 3ouncil Bluffs School Dist- 5s July 1959 opt 1929_J&J 10834 ______4% Plaquemine Parish E Bank- Lynn-4s July 1927 J&J 100 4s Sch 1912 op 1907_ _J&J 3345 April 1 1932_ _ _ A&O 91 Dallas Co-4s '12 to '12_J&J 98 ______5s Oct 1952 opt 1942_A&O Pontchartrain District- Malden-4s 1924 M&N 100 Davenport- 334s Water July 1 '24_J&J 93 4s Funding 1911-29_ M&N 4 C Os 1912 M&N 101 D 65 1944 M&N 120 ------Marlborough-4s 1915_J&D 100 JavenportSD4s'16op'11M&S 4 4s July 1926 J&J 100 Des Moines-434s 1931 b 4.10 4.05 Port of New Orleans- A 5s Sept 1 1914 M&S 54.60 4%-(% Medford-4s 1917 M&N 100 4s Funding 1916____M&N b 4.10 4.05 ..- 4s Feb 1930 F&A 100 4s City Hall 1914-26.. _J &J b 4.10 4.05% ___ B 5s Sept 1 1924_ _ _M&S 64.60 45.4% --- District- Red River A & B li Dist- Melrose-4s June 1924_J&D 100 Des Moines School Methuen-4s 1928 F&A 100 48 Nov 1 '12 op '07__M&N b 4.20 434%5s 1950 A&O 108 110 _F&A MAINE Middlesex County- Dubuque-4s 1917._ ik 4s 1916 to 1921 J&D 100 owa City-434s 1926_ _J&D 5s June 1 1919 J&D 106 107 to '20_J&D 4 4s July 1 1917 J&J 9934 10034 Milton-334s'12 to '32_F&A 92 ----- ..,ee Co-33%s '11 Bedford- dahaska County- 3s Oct 1 1911 to 1929_ _ A&O 91 92 _ New 434s 1917 ASE0 102 ----- Serial 434s Dec '11 to '18_ 434 Aroostook Co-434s '15...l&J 100 4s C H June 1915_ ___J&D 98 4s Water Apr 1 '26_ _A&O 100 ----- duscatine- March 1 1912 M&S 9934 43.s 1911 to _A&O Auburn-3%s 1925_ _J&J N 35.4s '21_M&N Augusta- Newburvport- 4s Ct H'se '121918_- to 'Water '11 to '34.J&D 4 )ttumwa- 4s Ref 1912 to 1919_F&A 98 334s A&O 4.40 Bangor-4s 1914 M&N 99 - Newton- 434s Ref'g Mch '17 4s Water Aug 1935_ _F&A 101 ?olk Co-33.4s '11 to '17A&O 4.10 4s Ref Water 1935..J&J 98 _ _A&O 4.10 Bath- 334s Water Dec 1926.J&D 93 4s 1911 to 1924_ - iioux Cy-5s'17 op'15.M&N 4s Ref 1921 op 1911_J&D 98 100 _-- Northampton to 95 ----- 4s Jan 1919 opt 1914_J&J Belfast-4s 1918 F&A 98 334s g 1912 1926__J&J Gardiner Water District- Pittsfield- 11oux City School District- 3.52 43js Refunding 1919_J&J 4s Jan 1934 J&J 97 43 Sch May15'12to'17M&N Kennebec Water District- uincy-4s '11 to '37_ _A&O 100 ----- Noodbury County- 354s April '12 to '39_ A&O 330 Refunding 1014.51&N 334s g 1915.'20.'25 ..M&N 00 Kittery Water District- Salem-4s 1912 to 1920_J&D 100 ------KANSAS - ktchison-4s Ref 1913_ _J&J 90 94 ___ 5s Jan 1912 to 1938_J&J 100 114 ___ Somerville Lewiston-5s 1917____ A&O 105 4s July 1912 to 1919_ _J&J 100 ktchison County- Springfield- 5s Refunding 1916___J&J 104 10434 ___ 4s g Oct 1927 A&O 99 100 '14__J&J 93 97 ..__ Portland- 4s g Water Apr 1 '13_ A&O b 4% 4s Refund '29 op 4s g School Jan 4% ilmporia- 4s g Ref July 1 1912_J&J 9934 _ 1917_J&J 434s Dec '29 op '19_ _F&A 100 ______4sCity Hall1926to'45A&O 533%% 3.80%___- ..__--- 334s g 1912 to 1018. J&J b 4% 334s g Ref July 1922_ _J&J 94 334s School 1925 J&J 94% ?ort Scott- 87 43.4s 1935 opt 1910„M&S 99 100 ___ Portland Bridge District- 3s Sewer 1930 J&D Iutchinson-5s 1911 to 1915 100 __ 3%s July '12 to '39_ _M&S 3.80 Taunton-4s 1927 J&D 100 Portland Water District- 334s Sewer Dec 1 '30..J&D 92 iansas City- - 6s Ref Oct 1 1915___F&A b 4.30 4.20 _ 4s Funding 1928_ ___J&D 100 101 _ Wakefield 100 ----- 55 Jan 1 1917 F&A b 4.30 4.20 _-_ _ _ Rockland-33.4s 1917..F&A 95 -- 4s Water 1911-1933_A&O 1911_ A&O 99% ----- 4%s Sch Bldg 1929_ __J&J b 4.30 4.20 ___ Washington County- Waltham-4s 1913_ A&O 99% ----- 434s Wat Plant Pur'39J&J b 4.30 4.20 o ___ 4s 1928 opt 1923 J&J 98 4s Water Apr 1 J&J 95 ----- 454s Refg Feb 1 '29_ _F&A b 4.30 4.20% ___ Waterville-4s g July 1 1927 99 _____ --- 350 July 1920 Aavenworth-5sAp'l 15J&J 98 3%s Sept 1935 M &S 90 Watertown-4s '12-'34_J&J 100 ----- J&J 95 ----- 4s Fund Jan 1914_ __J&J 100 ___ Westbrook-4s 1915. ___J&J 98 334s 1912 to 1929 434s Bd Ed '12 to '21_J&J 100 ___ MARYLAND Winchester- 1 '18-24.J&D 100 ----- :kavenworth County- 334s July 1919 opt 1914_J&J 95 96 ___ 4s Sewer Dec A&O 101 ----- 5s Ref July 1 1915___Jea 100 103 ___ 334s State Rds'24 op'19 F&A 95 96_ _ _ Worcester-4s April'38 J&D 95 ----- iedgwick County- 334s State Rd '26 op '21 F&A ____.. 95343.90 334s June 1 1929 3s Jan 1914 op 1909____J&J 97 9754 _ • 5s Fund 1925 op 1915_J&J 434 MEXICO • 43isB'ge Oet'27op'17_J&J _ Annapolis- • . ee Foreign Gov'ts page 50 issued after that f Flat price. b Basis. is Nominal. o Un er a law avpruve0 Aiaren i803, aim winch went tutu cued. April 23 1903, bonds date by State or municipal corporations are tax-exempt, and these sell on a better basis.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis 52 MUNICIPAL BONDS Lxxxxiii iv Bonds To ' Bid. Ask. Net. Bonds Bid. Ask. To - Net.l Bonds Bid Ask Net. MICHIGAN (See foot-note o) MISSOURI Alger Co-5s Road '22_ F&A Dover-4s 1912 to 1916_J&J 4.15 Cass Co-4s 1913 op '08_Jan 99 ------Ann Arbor School District- 43j 4s April 1 1912 A&O 993 ----- Dade County- Keene-4s --- 4s Sept 1914 & 1935_A&O 4 5s 1914 to '17_A&O 99-- June 1914 op 1904_Apr 45 334s Water '12 to Battle Creek- 4s July 1919 op 1009_Feb1 '13_J&J 99 5s Water 1915 to '17_1%I&S 4% Laconia-4s 1924 A&O 100 4% Hannibal- Manchester 334s Pav Sept 1 '12_ _M&S 434 -5s 1913..-F&A 101 _____ - -- 434s 1917 option '07_A&O 434s Nov 1 Bay City-8s 1913____ A&O 4% Henry County- 1913 M&N 100% 1920 4s Water Jan 1917.. 5s M&S 4% 43s 1917 op 1907_ _A&O J&J 99 4s 1934 J&J 43% 33s Fund Apr 1 '19_ A&O 94 4% Jefferson City School Dist- Nashua-4s ()Bay Co-5s Dec 12'19.J&D 4s 1923 option '12 to '15_ _J&D 99 o4s Ref 1908 _J&J3s 1923 A&O Dec 15'23--J&D Joplin-5s 1914 op 1909_J&J 89 Benton Harbor- Portsmouth-4s 1914_ M&N 99 Kansas City- 4s g School 4s Park Jan 1 '24-'33_J&J 4% 5s g (Westport) 1923_ __ _J&D 99 Detroit- 1916 J&J 103 ______Rochester-4s 1922_ _ _J&D 430 g Water 1915_ _ __J&J 98 _ 4s Sewers Apr 1 '22_ 101 102 ___ Somerswth-4s '11-'18_A& I 98 _ A&O .70 4s Market House '24_ _J&J 100 ______- 3.65s Pub Imp 1918_ _J&J ------___ NEW JERSEY 3.70 4s Water 1924 J&J 100 Asbury Park 3%s Park 1930 M&S 3.'70 Park -5s 1924_J&D 4.35 4s & Bold 1924_ _J&J 100 Atlantic City-5s 1925_J&D Escanaba-4s 1912-13_ _J&J Kansas City School 4.20 Gladstone Dist- 434s g Water 1920_ _J&J -4%s 1919_M&N 43 4s July 1914 J&J 100 4.20 Grand Rapids- 4%s Jan 1 1945 J&J 420 4s July 1 1927 J&J 100 ' 4s Water 43-s Water Jan 1 '12_J&J 4.10 4s July 1 1930 1930 J&J 4.20 43s J&J 100 101 ___ Atlantic Highlands- Flood Protec'33.111&S 4.10 334s Jan 1923 J&J 4s Market reg 1916_ _M&N 93 95 4s g Sewer July 1 1928 J&J 4.40 4.10 3%s July 1925 J&J 93 94 •4s Water Nov 15'29_M&N l Bayonne-5s Fund 192SJ&J 4.70 Kansas City Park District- 4%s Holland-4s Ref '12-'23.Feb 4% 7s to 1921 Funding 1931_ _J&D 4.70 Kalamazoo- J&J 100 4s Floating Debt Lafayette Co-334s 1921 1928.J&J 4.76 4s 1912 ______J&D b434 out Bergen Co- 7 4% ___ 1906, 1911 and 1913_ _J&J Lansing-5s 1913__ __ '23.J&D 64% 4% ___ Pettis County- 43% 4s Bridge '12 to '24_ F&A 4.10 4s Court use 4s Water 1920 J&J /AM o 4% _ 4s 1918 opt on 1908 '14-'38_ A cfrO 4.10 &1anistee-4s '11 to '12_A&O M&N 100 4s Bridge 1939 F&A 4.60 Ralls Co-4s '13 op '08_ F&A 4.10 Marquette-4s 1916_ A&O 4% St Joseph- 434 Camden-4's Wat '23_J&J b4.10 4.05% -- 334s Ref Water 1926..J&J 48 Aug 1923 4%s Dock 1930 A&O b4 10 4.05% - - - F&A _ 4s Paving 1929 %luskegon- St Joseph School District- M&N b4.10 4.05% --- 5s Water 1912-1925 J&J 4% 3%s 1912 to 1934 M&N b4.10 4s April 2 1914_ A&O 2 96% 983- Camden 4.05% 4s May 1 1934 M&N 4% 4s 1920 option Co-4s 1944 J&J iiii Muskegon 1910_ _J&D 98 99 Cape May-5s 1934 _J&D School District- 4s March 1 1927 M&S 98 4.60 5s 1942 July 99 East Orange-4s 1934_ A&O 4.15 43 St Louis- 4s Sfuskegon County- 4s Renew ster Water 1933 J&D 4.15 1911_M&N 100 100% _ __ 3%s Water 1933__ _A &O 434s Jan 1 1932 J&J 4% 4s Renew g 1912_ __ _M&N %3 4.15 Dwosso-4s 1920_J&J 99 100% ___ Elizabeth-4s 1922 oi;__J&J 98 Ref'g 434 4s Renew £ 1913 A&O 99% 34 100 Port Huron-4s Iterg 1919_ 1003% Englewood-4s Sep '35 M&S 4-.51/ 4.60 4s Renew g 1914_ _J&D 100 Essex 4s Jan 1 1932 J&J 4.60 4s Renew g 1003% Co-4s 1926_ F&A 4 1918 J&J 100% 101 4s g Park 1038 33s Park July 1 '20_ _J&J 4.60 4s Insane Asy'm '28_ F&A 4 Saginaw- A&O 100 10131 4s Hospital. 1946_ F&A 4s Public Impt 1928_ _J&J 101 101 4 4 3s Wat May 1 '25_ M&N b4.30 4.20% __ 3.65s Ren ___ 3.65s Park '15to'35_F&A 4 June 25 '27J&1) 95 953% ___ Guttenberg 4s Sewer July 1918_ _ _J&J b4.30 4 20, ___ 3.65s Renew g -5s Ref Apr 16 1915_ hl&N 983% 99 1913 to 1918 A&O 3%s %Vat Mch 10 '20 M&S b4.30 4.20 _ _ 33is Renew g 1918_ _J&D 5 St Johns-5s 1914 A&O b4.30 96 973-i --_ Hackensack-4s gold Sewer 4.209,- 334s April 1 1925_ A&O 96 98% Sault Ste Marie- 1912 to 1913 F&A 43% 33%s g April 1 1922_ _ A&O 92 Harrison-4s 6s Water Nov 1013_ _M&N 4.60 ScotI'd Co 4%s'17 1930 J&J 43i 5s Itef'g Apr 1 1917_ _ A&O op'07J&D 100------Hoboken-4s 1019 .F&A 4 4%s 1917 opt 1912 J&D 100 4.10 4%s Bridge July 1 '20.J&J 4 Sedalia- 4%s 1040 J&J 4.10 4s gold July 1 1932_ 3%s 1931 M& __J&J 44 434s 1927 opt 1907_ J&J 4.10 Wayne County- Springfield- Hudson Co- 334s May 1 1914_ __ _M&N 4 sCountyBldgs1948A&O 4 3.80 3%s 1921 out 1906_ J&J 4 W yandotte-43is 1934..J&D 4.40 MONTANA s Road 1923 J&J 4 Beaverhead 4%s May 1 1950 _M&N 4 County- 4s g Park 1954 . 5s 1919 option 1909_ M&N 4 MINNESOTA _J&J 100 ______4s County Bldgs 1046 F&A 4 Bozeman-13s '19 op '09_J&J 100 4s g Ref bi• Butte- 1935 F&A 4 kitkenCo4%sDec'11-'24.Aug 434s 334s Bridge '12 to'20 A&O 4 Dec 1 '25 opt '15_J&J 4% Jersey City-7s Wat'13M&N Beltrami Co 434s'11224.J&D 4.40 Butte School District No 1- b4.15 4.05 _.... Brainerd-5s Nov 1919-19294%s 7s July 1 1913 J&J b4.15 4 05 - 1924 opt 1914 J&J 4% 5s 13ass Co-5s Ct H'se '22.A&O Cascade County- gold Assess 1024_ _ M&N b4.15 4.05% 5s Water June 1, May Co-434s 1915-16_ _J&J 4.40 ,Is 1921 option, 1911_ 1921 J&D 64.15 4.05% Duluth- J&J 4% 5s Assess April 1916_ A&O b4.15 Custer Co-6s 25 op '15_J&J 4% 4.05%° --- 5sSs g Water & Lt 1926.J&J 4.30 Deer Lodge County- 5s Water 1916 A&O b4.15 4.05% - 4s4%s g July 1 1926_ __ _J&J 4%s Refunding 1928 J&J b4.15 4.30 5s 1919 option 1909_ J&J 100 43 4.05% 4s g Water & Lt '28_ A&O 4.30 Great Falls- 43%s Sch Mch 1061 M&S b4.05 4 4s Water dr Lt 1936. 43%s Park Mch 1961_M&S b4.05 4/ ...... : A&O4.30 5s Water 1913 & '18_ J&J 4% Duluth Ind S D 5s '13_M&N 100 4s 1923 option 4s Water 1932 A&O 9834 100 -- 1913J&J 4% 4s 1935 J&D 5s May 11923 M&N 46 Great Falls Sch Dist No 1- 983% 100 -- 430 Feb 1 '40 op '30_F&A 4s Refg 1949 F&A 104 4s 1925 option 1915_M&S 983% 100 - 4s 1934 opt 1924____A&O 4% Helena 4% 334s Refunding 1920 J&D b4.15 4.05% - -4s Ref 1916 _J&J 4% Long Branch Elennepin County- 5s Jan 1 1916 op -4s 1935.J&D 4-.40 1906.J&J b4.60 4%% .._ Mercer Co-4s Road'33 J&D 4%s Ct H Apr 1924_A&O 4 Helena School Dist No 1- 4.15 :tasca S D No 1 5s '13-24J&J 3%s April 1941 A&O 4.15 4% 434s Jan 1 1922 J&J 100 ------Middlesex facksonCo5sJuly'12-'21.J&D 4.40 Jefferson County- Co- 1.acQuiParleCo 5s'20-'30.J&J 4.40 434s Ref 33.-is Bridge '22 to '31 J&J 4.15 1914-1919 _J&J 100__ Montclair-33is Sch '32 darshallCoDitch5s'12-29J&J 4.40 Lewis & Clarke County- J&J 4.15 dinneapolls- Morris Co-4s 35 op '05 J&J 4.15 5%s C H g '12 to '19. J&J 434s Park July 1913_ _J&J b4 4 4.60 Newark-4%s Water'15F&A 3.95 ___ Missoula 430'24 op '14_J&J 4% 4s Refunding 43s g July 1920 J&J b4 4 Missoula County- 1923 M&S 3.95 4s School Jan 1927 4s Sch House 1959 op 1949 3.95 J&J b4 4 4s Ref 1921 opt 1911_F&A 1003%s 4s School Jan 1 1935_J&J b4 4% ______1929 J&D 3.95 Silver BowSilver County- 33-s Track Elev '54_ 4s Improvem't 1937_ _J&J b4 4 0_ F&A 3.95 5s Fund July '17 op '07J&J 100 ______3.35s High Sch 1917_M&N 334s School Jan 1 '29_J&J b4 4% -_-__ Yellowstone County- 3.95 334s Water-Wks '32_ _J&J Vailsburg (assumed)- 9 94 ___ 5s Ref 1918 op 1908_ _J&J 100 ______4%s Sewer 1934_ )tter Tail Co 58 Ditch 1918- NEBRASKA _ _J&J 3.95 1922 A&O b4.40 New Brunswick- 4.30% Beatrice-4s Nov 1914..M&N 4s Refunding 1922M&N lamsey Co-5s 1915_ _ _J&J 4.10 Dodge County- 44 Orange-5s '23 to '32.. _J&J b4.20 43-is Court It'se 1916_J&J 4.10 4s Ref 1919 op 1909_1%1&S 4.15% --- le,:i3s May 6 _M&N 5s Water 1938 F&A 1)4.20 4.15 4.10 Douglas Co-4s '18-'28- A&O 434s Sewer '15 '21 Lake Co-5s1921_-% "20_ A&O 43-f to A&O b4.20 4.15 _- 33%s 1922 J&J 43 45 Sch House 1934 J&D b4.20 F.;t Louis County- Freontm Prec't (Dodge Co) 4.15% -115 58(31, If Nov 1 '11-'12.M&N b43i% 4.15% Passaic-4%s 13 to '17 J&J 4 ___ 4s Ref 1919 op 1909_M&S _ 4 s Fund 1912-'40_11&S 4 Paul 5sWater 1915 _ _ A &O 4 Grand Island- 4.10 4%s Sept 1917 M&S 3 s 1912 to 1920 _ F&A 4.10 4 43%s 1925 opt 1010 _J&J Passaic Co-4s '20-'24 J&J 434s Water 1018. M&S 4 Lincoln- 4.15 4s Ref Mch 1 1939_ _ _ M&S Paterson-5s 1912-'22_ A &O 4.10 4 5s 1912 to 1914 F&A 4% 4s 19:33 to 1044. M&N M&N• 4s Sew'age July 1 '39_,J&J 4 4%s'12 to '19 op '08 F&A 4.10 4s March 1 1940 111&S 100 _____ 4s N C Hall '23 to '32 J&J 4.10 4 44slief'20 to'29op'20 F&A 4.40 Perth Amboy- 3%s April 30 1922M&N 4 4s Ref 1919 op 1909M&5 itillwater 4s 1922 J&J 4.40 43s Water Sep '22 op '07 100 4.30 Lincoln School District- 4%s School 1938 4%s 1024 opt 1009_ 4:20 MISSISSIPPI _M&N 100 ______Plainfield-4s '13 to '34 J&D 4.20 Omaha- 4s School 1959 M&N 5s City Hall 1912_ ___F&A 4.20 Is Aug 1 b4.20 4.10 _ Rahway-4s Adj'22 opM&N 90 95 1916 F&A 4 4 s Oct 1917 A&O b4.20 Is State Jan 1 1919 Jan 4.10% So Orange-4s '12to'44_J&J :1.3i 4 43s Renewal 1924_ _J&J b4.20 4.10% __. Summit-4s 1933 134s July 1 1934 opt '14.J&J 4 4%s Refunding M&N 4.15 lreenville- 1934_J&J b4.20 4.10% _-_ Trenton-43s 1941_ -J&D b4.10 4% 4s Funding 1918..M&S b4.20 4.10% ___ 4s Fund 1934 Os Jan 1 1928 J&J Omaha School District- A&O ..._ 4 5s Refund Sept 1927_M&S b 5% 4s City Hall 1939_ _J&D 4 43'4% --_ 5s Jan 1912 J&J 434 3%s Sch rackson- 434s Nov 1 1929 M&N 4 July 1 1928 J&J 43,4 Union Co-4s Oct 1 '42 A&O 5s 1912 to 1922 Feb4sJan 1919 J&J 4 leridian-Os 1924 May 0,1 Vailsburg-See Newark. South Omaha- Weehawken-4%s Fil'20F&A 433 Water 1922-'39_ _J&J 5s June 1915 J&D 43% bssissippi Levee District- b4.20 4.15% - 43s Funding 1911-'28Jdr•D 430 1924 opt 1909. J&D b4.20 5s May 2 1944 M&N 105 107 4.15% --_ NEV MEXICO South Omaha School Dist- Os 434s Sept 1934 M&S 101 102 5s Ref'g 1923 op i913 ..J&J 4% July 1 1923 J&J b43%% 4.20% _ 5s Ins Asy 1925 op '15 _J&J 1920 May 5s Deciatchez-Os 1929 J&D b4 4. 40 ricksburg-5s 1916_ _ _ F&A 4% 4.20% -__ 4s Ref J'ne '33 op '23_ _M&S 4.20 NEVADA 4s 434s Sewer Dec 1 '28_Dec 4.30 4s Bldg 1929 op 1919.. M&N 4.20 School April 1915_ _J&J 4s Fund 1939 op '29_ _M&S razoo City- Reno-5s 1924 op 1909_J&J 4.20 5s June 11 1912 to 1924_ Albuquerque- WashoeCoSD 5s'12to'29M&S 4% 4%s Sewers Mch '29_ M&S razoo Delta Levee District- NEW HAMPSHIRE 4% 6s 1947 option Bernalillo County- 1917__J&J 105 108 ___ 3%s Hospital 1912-'25_ _J&J 100 434s July 1949 J&J 104 ______Os Fund 1922 op 1912_J&J 4% 106 Berlin-4s Ref 1917 M&N 98 __ ___ 4s 1952 option 1922 J&J 95 96 ___ 5s 1931 op 1921 4% Concord-4s 1923 J&J 100 Socorro Co- 3345 1924 to 1926.._J&J 95 98 ___ hs June 1031 on '21_ _AI &S 414 (Flat price. b Basis. n Nominal. o Under a law approved May 13 1909, and which went by municipal corporations are tax-exempt, into effect Sept. 1 1909, bonds issued after that date and these, accordingly, sell on a better basis. e Tax-exempt.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis SEPT.; 1911.1 MUNICIPAL BONDS 53

To To To Bonds Bid. Ask. Net. Bonds Bid. Ask. Net. Bonds Bid. Ask Net NEW YORK Niagara Falls-4s Nov 1921 b4 3-40/ 4.0807 __ Cincinnati School Dist- 4s g High Imp Mch '58_M&S 102% 103 ___ 3 s 1942-1945 M&N b434% 4.08% - 49 1936 op 1906 M&S 3.85 4s g High Imp Sep '58_ _M&S 102%7 103_ Nort Tonawanda- 334s 1940 op 1912 A&O 3.85 4s High Imp Mch 1960_ M&S 102% 103 ___ 4s Water 1924 A&O 1)4.20 4.15% ___ Cleveland- 4s Canal Imp July 1960_J&J 103 Oneida Co- 5s Library 1918 A&O 64 3.90 4.1 Canal Imp Jan 1961 .J&J 102% 103 ___ 334s Feb 1912 to 1928 P&A 1)4.15 4.10% _ 4.10 Paving 1930_ A&O b4 3.90 4s Highw Imp Mch 1961.M&S 103 10334 ___ Onondaga Co- 4.10 Sewer Const '30_A&O 64 3.90 38 g Jan 1 1912 J&J 100 Noy ___ 33 July 1912 to 1929....J&J 1)4.15 4.10% _ 49 Refunding 1918 A&O 64 3.90 3s g Jan 1 1913 J&J 100 100 ___ Orange Co- 4s Infirmary 1920.. A&O 64 3.90 3s g Jan 1 1923 J&J 100% 10134 33-is Feb 1 '15-'24 Feb 1 1)4.15 4.1007 4s Water 1920 A&O 64 3.90 3s g Jan 11956 J&J 10034 10134 Oswego-33-4s 1912-22_A&O 1)4.15 4.10% 4s Sewer 1925 J&D 64 3.90 3s g July 1 1958 J&J 10034 1013-4 Poughkeepsie- 4s Park 1929 A&O 64 3.90 3s g Canal Jan 1 1959_ _ _J&J 10034 1013-i 7s 1012 to 1913 M&N 64.10 4.0507 4s Park 1931 A&O 64 3.90 Albany 6s 1915 to '19_ _M..t:N b4.10 4 33-4s 1912 to 1930 M&S 1)4.10 4.05 4s Sewer 1919 M&S 64 3.90 4s Park 1920 to '30_ _M&N 64.10 4 ___ Queens Co-48 1917_J&D 1)4.10 4.05 _ 4s Park 1924 b4 3.90 4s High Sch 1912-31_ F&A b4.10 4 4s 1927 J&D b4.10 4.05 o 45 Grade Cross'g '30A &O 64 0 3.90 0 334s Pub Imp 1912-24F&A b4.10 4 ___ Richmond Co-d Cleveland School Dist- A1banyCo-3 As '12-25.F& A b4.10 4%___ 4s Fund June 1 1914_J&D 1)4.10 4.0507 4s April 1 1929 A&O 3.90 334s Aug 1 1025 F&A b4.10 4% ___ 4s g July 1 1921 J&J 64.10 4.05% 43.4s July 25 1930_ J&J 3.95 Auburn- Rochester-4s'22 to'27 _ J &J 64.05 4 0 __ _ Clifton (in Cincinnati)- 48 May 1914 to 1925_J&D b4.10 4.05% ___ 33-48 Ref '13 op '03_P&A b4.05 4% ___ 43.48 Water 2d ser '22 A&O 3.85 Binghamton- 33-4s Imp Oct 1919_ F&A b4.05 4% --- Columbus- 4s C H 1928 & 1929 F&A b4.10 4% ___ 334s Imp July 1 1924_J&J 1)4.05 4% ___ 43-4s Sewer 1921_ _M&S 64 3.90 nis Bridge 1935.._.. F&A b4.10 4% ___ 33-4s Ref 1933 op '13-J&J 64.05 4% - 4s F D June 1 1916_ _J&D 64 3.90 Brooklyn-d 334s I3'dge Sept 1 '21_J&J 04.05 4% _ 4s Dec 1 1927 J&D 64 3.90 7s Bridge 1915 to '24_J&J b434% 4.10? Rockland Co- 4s Sewer '33 op '13_ _M&S b4 3.90 6s Park 1024 J&J b434% 4.10 5s Mar 1 1912 to 1913_J&J 64.10 4.0507 4s Wat-wks '45 op'20Me.:S 64 3.90 5s Bridge 1919 J&J b4V 4.10 ___ 4s Fund 1912-34_ _M&S 64.10 4.0507 334s 1932 op 1912__J&J 64 3.90 4s Bridge 1026 4.10/ _ 3%s Fund '14 to '24_J&D 1)4.10 4.05 _ Columbus School Dist- 4s School 1920 J.10,j114A%1 4.10 _ Rome-4s April 15 '21_ J&J 64% % 4.05 4s March 1 1926_ _ M&S 3.90 4s Water Jan 1 1914._J&J b434°' 4.10/ _ Rye-5s Mcli 10'13-'38.51&S 1)4.15 4.05 3348 March 1 1923_ M&S 3.90 334s g 1912 to 1937 J&J b434/0 4.10 ___ Saranac Lake 4%s'17-26M&S b4.15 4.10 _ Cuyahoga County- 334s g July 101925__.J&J b434% 4.10 _ 4.458 Fire House'15-39J&J 1)4.15 4.10% -__ 5s 1911 to 1920 A&O 3.90 3.90 33-is gold 1927 J&.1 b434/0 4.10 _ Saratoga County- 4s Ref 1911 to 1926.. A&O 334s g July 10 1934 J&J b434% 4.10 ___ 33-4s Feb '12 to 1913_P&A 6434% 4.05% -__ Dayton-5s Apr 1915_ A&OA&O 3.95 334s gold 1936 J&J b434% 4.10 Saratoga Springs- 4s 1911 to 1918 A&O 3.95 3s Bridge 1925 ______J&J b4 4.10 434s Park 1916-40_A&O 4.15 334s Water '12 to '15 J&D 3.95 Buffalo-7s 1924 & 1925.J&J b4.05 4 ___ Schenectady- Dayton School District- Os Parks Jan 1 1924_ _J&J b4.05 4 _ 4s Water 1911 to '15_ M&N b4.1014.05 4s March 1920 M&S 3.90 4s Sewer May 1 '13_ _ M&N b4.05 4 ___ Syracuse-4s Wat 1920_J&J 1)4.10 4 -__ Defiance- 4s School Aug 1 1929_ F&A b4.05 4 ___ 4s Refdg 1929 J&D 1)4.10 4 5s 1912 to 1915 51.1cs 4.10 4s Serial 1912 to '29_ F&A b4.05 4 ___ 33-4s Water 1928 J&J b4.10 4 434s 1912-1916 M&S 4.10 4s June 15 1912-30J&D b4.05 4 3s Water July 1 1920_J&J 64.10 4 -- East Liverpool- 4s June 15 1960 J&D b4.05 4 --- Troy-4s Water 1915_ J&D b4.10 4 4s Refdg 1940 op '20_J&J 4 314s Oct 1017 A&O b4.05 4 4s Water 1925 J&D 1)4.10 4 Elyria- 33-4s Park Reg 1927_F&A b4.05 4 33-4s Ref 1912 to 1914.F&A 64.10 4 -__ 4s Water 1912 to '23_ F&A 4.10 334s 1912 to 1919_ b4.05 4 ___ Utica-4s 1912 to 1919.Jan. b4.10 4 __ 4s Water 1924 to '38_J&D 4.10 33-4s Water 1912-35.M&S b4.05 4 33-4s Nov 1 1911 to '35Nov 1)4.10 4% __ Fostoria-4s 1925 M&S 4.10 3s Road 1913 J&I) 1)4.05 4 ___ Watertown- Franklin Countv- Colioes-7s 1912 to '13_ ...J&J 1)4.10 4.05/ ___ 33-4s Sewer'12 to '27_111&N b43--4% 4.05% -__ 5s Def&Bdg'12to'13_M&N 3.90 4s July 1 1920 op '05...J&J 1)4.10 4.05/a 4s Water Sch Sew'38 M&N 643.4% 4.05% --- 4s Fund 1912-1919_ _ F&A 3.90 (1College Point 7s '12-13 J&JJ 4 ___ West Seneca- 4s Bldg 1912-1925 _M&S 3.9U ___ 5s Sewer Apr '13-'38_ A&O 1)4.20 4.15% -- Gallipolis- Elmira-4s 1935 b4195% 4.1007 4 334s Redemp '12 to '21_. 1)454% 4.10% ___ Westchester Co- 5s Water Feb 25 '14_ F&A Erie County- nis June '27 & '28_ _J&D 64.10 4 4s Redernp Aug25'20 F&A 4 43-811.(1 '15-'36 tax-ex_J&J 1)4.10 4% ___ 4s 1930 to 1935 F&A 64.10 4 __ Hamilton- 434s San Sewer '33-'82 J&J 64.10 4% __ 5s Gas Feb '12 to '18_ F&A 4 Far Rockaway-d 4 58 Imp 1912 to 1921_ -U.' 1)434% 4.10 __ White Plains- 434s 1919 M&N Fulton-3.40s '12 to '20J&D 1)4.15 4.1007 4s 1914 to 1928 F&A 64.15 4.10 ___ Hamilton County- b4.15 ___ 33-4s Water 1031 A&O b4.15 4.10% 5s Aug 1 '34 op '14 F&2 3.80 • Geneva-4s Water '26_ A&O 4.1007 3.80 Gloversville-334s 1917.J &D b4.10 4.05% __ Yonkers-4s '12 to '25_M&S 64.15 4.10 __ 4s C II J'ne '36 op '16J&I Haverstraw- 4s Water '12 to '22_ A&O I b4.15 4.10 __ Lakewood-5s 1920_A&O 4.10 4.0507__4.15 3%s May '12 to '24_ _F&A 64.15 __ Lima- Sewer 4.12s 1912-'37_ M&S 1)4.20 4.10% 4 Hempstead-d-4s g 1923_J&J 1)4.10 ___ NORTH CAROLINA 5s Water Apr 1 1910..M&, 4.05 / ___ Os Construction 1919- _ A&O 112 113 ___ 4s Sewer 1911 to '25_ A& i 4 Herkimer-434s'11-27.M&N 1)4.10 4 Hornellsville-3348 '21.. F&A 1)4.15 4.1007 4s J 1913 J&J 99 100 3%s Ref '30 op '25 A&O 1)4.10 4.05 ___ 48 Refunding 1950 J&J 9934 10034 -__ Lorain- Hudson-4s Wat '12-22_July 4.10 Jamaica-d-4s April 1 1917 1)4.15 4.10%__ 4s Building 1951 J&J 100 101 5s Riv Imp '18 to '32_J&J Jamest'n 4s Mch 20'43_A&O 1)4.10 4.05% ___ Asheville-6s 1916 J&J 109 II() ___ Lucas County- Kings County-d 4s April 1922 F&A 92 48 C 11 1944 op 1924 M&S 3.90 48 543-4% 4.10% _ Buncombe Co- Madisonville (in Cincinnati)- Park May 1 1912 to 1944 3.85 Kingston-4s Ref 1912_J&J 1)4 4.10° Os Jail 1915 to 1928_ _J&J 110 _____ --- 5s 1932 op 1922 J&J 4.10 __ Charlotte-5s 1929 J&J 105 ______Marietta- 33-4s g Wat '12 to'36.A&O 1)434% 4 35 Rid Jan 15 1914_ _ _J&J 1)43-4% 4.10 0 __ 4%5 Water Mar 1935_J&J 97 ------nis 1931 op 1911_ F&A Durham-434s July 1 '41J&J 99 101 -_ Marion- Long Island City-d 4 7s Sept 1 '12 to '14 M&S b4%74 4.10%__ Greensboro-5s g 1931_J&J 103 105 _ 5s Sewer 1912 to '23. M&S 4.10% 4s 1954 J&J 90 95 ___ Martin's Ferry- Os Feb 1914 to 1919„17&A 1)434% 4.10 45-4s 1912 to 1023 M&S MA% 4.10 ___ Greenville-5s 1937 J&J 103 105 -__ 5s Sch 1926 to 1944.. M&S Mecklenburg County- Mercer County- 4s Water Sep 1 1920_111.5E1,111434/0 4.10 4 33-4s Wat May 1 '20_ M&N b43-4% Os RR aid 1920 M&N 106 108 5s 1912 to 1924_ F&A Raleigh-5s 1927 A&O 104 106 --- Middletown- Midd1etown-334s'31_ _F&A b4Ys% 4 Mount Vernon- 5s July 1 1939 J&J4sPark 1930 op '20 F&A 4s School '12 to '17_ _M&N b4.15 4.10% _ 4s July 11029 J&J 92 Norwood-5s Sep 1 1915.Sep 1)4.15 4.100 - Reidsville- 4%s 1925 J&D 4 334s Sewer 1928 F&A 4 Nassau Co-434s '20-29_J&J 1)4.10 4.05/ ___ Sch Dist 434s Jly '31 _Jly 3 100 4s 1930 A&O 4.05 ___ Shelby 5s 100 --- Portsmouth- 334s Court House'30-M&S 1)4.10 1931 A&O 4 Newburg-4s 1912-----'&A 1)4.10 4.05% ___ Wilmington- 4s 1911 to 1924 J&D New Rochelle- 55 Fund Jan --1922_ _J&J 102 _____ --_ Portsmouth School Dist- 4s 1912 to 1930 M&N 1)4.15 4.10% 434s g Wat & Sew '48.A&O 97 3%s 1917 to 1922_ _A&O 4 3345 1912 to 1933__J&D 1)4.15 4.10% ___ 42 g Ref July 1 1920 J&J 90 __ - Sandusky- NORTH DAKOTA 5s Wharf 1912 to '26_ F&A 4 New York City- 4 7s W Farms 1911 to 2147 434 4s Ref July 1 1914 J&J 4s St Impt '12 to '18_M&S 7s Morrisania 1917 to 1980 434 4s Funding Mar 20'21_M&N Springfield- 42 Refg July 1 1923 5s Fire Dept '15to'21 M&S 4 Os Williamsbridge Ilighw'y J&J 4 May 1912 to 1944_ M&N 434 I3urleigh Co- 434s Big Sep 1 '12-'21M&S 1094348 Oct 15 1918_ _A&O 4% 4s 1921-1925 M&S 4 4%s (old) May 1957_M&N 10834 4 434s (new) Nov 1957.M&N 10834 109 ..--_-_ Grand Forks-4%s'2 -5- _F&A 100 _____ -__ Steubenville-4s 1924_M&S 10234 Ward Co-4s July 1925_J&J 494 Tiffin-4s Sep 1 1915 M&S 4 43-4s (old) May 1917_M&N 3.90 434s (new) Nov 191.7.M& N 1023-4 OHIO Toledo-434s 1919_ A&O 102 ri 10234 ..._ Akron 434s 1013-1916„F&A 434s Dec 1914 J&D 64 3.90 43-js 1960 opt 1930-M&S 64 3.90 4s Exempt 1913_ _M&N b4%70 4% ___ Auglaize Co- 434s Bdge'28'335e38 F&A 993-' 100 ___ 5s Bridge '12 to '13__J&J 4 4s 1926 A&O b4 3.90 4s Various 1936 ____M&N 64 3.90 49 Nov 1955 111&N 99 100 __ Avondale (in Cincinnati)- 4s Park July 1 1942_ _J&J 100 5s June 1916 J&D 3.85 3348 Refunding 1930.M&N b4 3.90 48 Various 1956 M&N 99 64 3.90 49 Various May '57_ _M&N 99%3 994 ___ Bowling Green- Toledo Sch Dist-4s'23 to'29 %8 100 5s Refg 1912 to 1917_M&S 4.10 Van Wert County- 4s Nov 1958 M&N 99 4 4s May 1959 M&N 9934 99? _ _ Butler Co- 6s Rd 1912 to 1919 _F&A 1)4.15 4.05 ___ 4%s Bridge '21 & '24_J&J 4 Youngstown- 33-4s Park Nov 1 '13_M&N 4 334s g Exempt 1914_ M&N 1)4.15 4.05 48 1912-1916 J&J 4 5s Park March 1 1914.J&J 1)4.15 4.05 __ Cambridge- 5s Fire Oct '11 to '17_ A&O 4 33-4s g Pk 1916 Ex_M&N 4 33-s Exmt Oct 1015_ M &N 1)4.15 4.05 ___ 4%s Water 1912-3& J&J 4.10 Zanesville-4s 1915_ _A&O 3%s Exempt 1922_ _M&N 1)4.15 4.0547 42 1923 J&J 4.10 OKLAHOMA 334s Bklyn M Sew '27_J&J 1)4.15 4.0547 ___ Canton- 4s Funding 1918-27_ _ F&A 99% 100 g D'k 1927 Ex_M&N b4.15 4.05 0 5s 1915 to 1917 J&J 4 Ardmore-5s 1922 M&N 494 33.4s g Exempt 1941_M&N 89 8934 ___ 43's Water-Wks '30_M&S 4 Canadian County- 3348 Exempt 1942_ _M&N 89 893'- ___ 4s'21,'22, '26 &'27_F&A 4 48 Ct H 192210 1931_F&A 98 334sR T 1948-1950_M&N 8801 88/3 ___ Canton School Dist- Muskogee-434s Water-Wks 334s g Exempt 1952.M&N 883 88i 48 1917 to 1918 M&S 4 Sewer & School 1925 M&N 102 ' ----- A M&N 33-4s g Exempt 1953_M&N 8834 88V _ Cincinnati- 5s Nov 1 1924 334s g Exempt 1954_ M&N 8834 884 .__ 5s Sewer July 25'37_M&N 3.85 5s Funding 1920.._ 3348 g_ Water Ex '54_ M&N 8834 88%8834 ___ 5.9 1930 op 1910 M&N 3.85 Oklahoma City- ___ 4s Aug 1 1934 F&A 3.80 68 Funding 1915.. F&A 102 3%s Exempt 1955 M&N 8834 8834 107.21 33-48 Stk April 1 '54_ _ A&O 8834 8834 ___ 4s S F 1941 op 1921-J&J 3.80 6s Sewer 1936 F&A 33-4s Nov 1 1929.. M&N b434 4 ___ 4s Sept 15 1949 M&S 3.80 5s Water 1930 A&O ;OA 3.30s Co '17-'21 Ex_ _ _J&J b434 4 ___ 3.65 g Feb 1937 F&A 3.80 Oklahoma City Sch D1st- 3s School 1913 M&N b43-4 4 33-4s Ref 1956 op '36.M&N 3.80 Os 1914 J&J 102 ----- 38 g Street 1916 ___M&N 1)4 % 407 33-is 1938 op 1918_ _ _ F&A 3.80 4s 1933 J&J 98 ----- 3s g Dock 1924 ExM&N 1)4% 4 ___ 3%s Water '45 op '25 F&A 3.80 Oklahoma County- 30 g R T 1950 Exem.M&N 1)4% 4 .._ 33-is Ref 1952 op '32_ _J&J 3.80 4348 1924 to 1933 J&D 23-4s Pk Ex '29op'09_M&N 3s Water 1939 op '19_F&A 3.80 Payne County- 434 434s Ref '20 to '29_ _A&O 4% I Flat price b Basis d Now part of New York City n Nominal

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis 59 HUNICIPAL BONDS [VOL. 4,xxx x To To Bonds. Bid. Ask. Net. Bonds. Bid. Ask. Net. Bonds Bid. Ask. Net. OREGON. SOUTH DAKOTA VERMONT Astoria-6s A&O 100 1917 Aberdeen-6s 1915_ _J&J 4% Barre-4s Water 'l4...J&D 99 Baker City 55 1923 J&J 4% 5s Oct 1 1911 to 1921.A&O 4.40 3%s 1922 op 1918_ Dallas City 5s 1917-26_ M&N ___J&J 95 --- 4.60 434sSewer July 2'26.J&J2 4.35 Bennington-4s 1917...._J&J 99% 100-- --- Portiand-5s g CH 1922 J&J 4% Custer Co-6s 1920 opt 1910 100 ----- _ _1 Brattleboro-4s 1918_3 5s Water 1923 J&J &J 99% too --- 4.20 Faulk Co-6s 1915_ _S-an 4'Ai Burlington-4s 1919_ _ _J&J 99 - 58 g Bridge 1925____ A&O 4'4 Marshall Co-6s 1915_ _J&J 4%1 Middlebury 4s '41 4s g Bridge 1934- _J&J op'21111&N 99 ------4.20 Mitchell-59'24 opt '14 M&N 4.65 Montpelier 45'19 op'04.A&O 99 ------Portland SD-5s July 1 1914 4% Sioux Falls-5s 1023 J&J 434, Rockingham-4s'12-'17 Port of Portland- J&J 99 ------Sch Dist 5s Oct 2 1925_0ct 4.40, Rutland-4s g 1924_ __M&N 99 ------_ 58 g Jan 1 1922 J&J 54%7 Yankton Co- I VIRGINIA 4s Dry-dock 1934 J&J 54% % 4%% 4s Rhig 1919 on '14_111&N 4.30 6s deferred ctfs 1871 J&J Salem-5s 1912 A&O 100 TENNESSEE Brown Bros ctfs50% 55 _ _ _ 4345 Penit'y Oct 1913_ _A&O 100 10034 -__ 3s "Riddleberger" 1932 opt PENNSYLVANIA 434s Redemption 1913_A&O 100 100% ___ 1900 J&J 88-- 6s Agr•College Feb 1922 F&A 4 3s Settlem't ($100)1913_J&J 3s Funded debt 1991 _ _ _J&J 87 88 -_ _ _ 40 Funding Feb 1912.. F&A 3.80 35 Settle't ($1,000) 14)13 J&J 9'7 Charlottesville-5s '14_M&S 354s Funding Feb 1912_F&A 3.80 3s Scrip 4%s 1947 opt l917 J&J ...... Allegheny-4s 1911-19_ _Var 4.10 Blount Co 5s 1921, 1926, Danville-5s Refg 1925 _J&J b I% 70 4.4007 4s 1912 '17 '22 & '27_J&J 4.20 1931,1936, 1941, 1951 J&J 4% • 48 Refg 1931 J&J 54.65 4.3570 - - - 4s Street Imp 1937_54&N 4 Chattanooga 5s 1920 _ A&015 b4 Li% 4.40% ___ Lee Co-5s 1916-'41 _J&J -- 35s 1911 to 1931___A&O 4 434s Public Imp 1937.J&J 5434 7 4.40% ___ Lynchburg- Allegheny Co-5s 1913_ _J&J 98 09% 434s Rfg Apr15'39_A&015 54% 0 4.40% -_- 5s Perm Imp 4s '26 op_ _J&J Road 1934 M&N 98 99% 434s Paving 1941 _J&D 5434% 4.40% 434s Ref June 1 1927_J&D 4s Road 1937 F&A 98 99% Davidson Co-5s 1913_ J&J 4.30 434s Pub Impt 1939_ J&J 4s Road 1937 A&O 98 99% 4%s Bridge '37 opt F&A 4.30 4s Ref Oct 4s Road 1934_J&J 92 -- • . - - - 1938_ F&A 98 99% 4s Turnpike '22 op '12 J&J 4.30 Newport News 434s'48 -_J&D 33s 1932 opt 1922.- .M&N 3:66 Hamilton Co 434s 1941 J&D 4s Street Nov Altoona-4s 1 1941 _M&N '34 opt '14_J&J 4 Knoxville-6s 1917____J&J 5434% 434% __ Norfolk-Os Ren 1914_A&O 102-- 4s Ref 1936 opt '16_ _J&J 4 5s g Imp 1921 A&O b434% 4 %To - 5s Renewal 1923 J&D b4.60 44-%0 - - - 4s Highway '37 op '3-2 J&J 4 5s Refg 1940- _ _M&N 4%s Refg 1941 Altoona A&O SD 4s'12 to'35A&O 4.20 434s Funded &c------54.45 434% ._ - 434s Imp July 1940_ _J&J 100 101 Braddock 4%s '12to'16M&S 4.30 43-4s Water-Wks 1949 J&J 54.45 4.35% 4s July 1 1932 J&J 4.8 1912 to 1935 M&N 4.30 4s June 1 1929_ _ J&D 54.60 4.45% 4s Water Oct 1 1934_A&O Chester-33s 1929_ Memphis 4.40 __ _J&J 4.05 Os Comp -19-15 _J&J 104 105 4s Impt March 1936_51.1cS 4.40 45 '37 op'17 tax-exm_J&J 4.10 43-is Refg 1926 J&J 543470 4.40% Petersburg 5s Ref 1929.F&A Chester S D 334s 1931_ _J&J 4.20 434s Refg 1939 J&J 54%% 4.40% Portsmouth-434s 1940 F&A Easton-334s _ _ A&O 4 4345 1950 J&J 5434% 4.40% 48 Redempt 1930 _J&J Easton 434 S D 4s '241928_- op'14F&A 4 434s Park 1950 A&O 5434 % 4.4% Richmond Os '12 to '14 _J&J _ ___ Erie-4s Ref 1914 J&J 4.10 4s Water 1933 M&N 953A 5s 1920 to 1922 J&J 5434% 434% ..... 4s Street 1921 op '11_J&J 4.10 Nashville 6s 1912-1915_M&N 545i% 4.35% 481920 to 1930 J&J Harrisburg-4s 1920..__J&J June 0734 9,34 --- 4 5s Water 192E _J&D 4.60 4s 1938 to 1943 J&J 0734 9.134 _ _ _ 4.5 Aug 31 1926-32_ __M&S 4 434s Sewer 1923_ _A&O 54.40 4.30 4s 1024 J&J 9534 4s Pub Im 1912 to'36 M&S 4 Street 9734 - -- 4545 1935 J&J 54.40 4.30 4s 1938 J&J 98 98 _ _- 33s 1912 to 1925-_M&S 4 4%s High Sch'I 1040_J&J 54.40 4.30 4s 1941 J&J 98 98 Harrisburg Sch Dist- 4s(Tenn C RR)1924 M&N 54.40 4.30% --- 4s 1043 J&J 98 99 33s 1912 to _ _A&O 4.10 4s Sewer 1927 J&J 54.40 4.30% __- Roanoke 454s Ref 1936_J&J 9934 10034 _ _ _ Hazleton-4s'36 1933- op '11 F&A 4.40 4s Water 1028 J&J 54.40 4.30% 434s St Impt May 1940.. Homestead-5.40s '15_1I&S 4% Thelby Co-434s Sch'41 J&J 434 4s St Impt J&J op_M&N 1936 91 92. ___ Johnstown-5s '21 4.10 4s C't House 1955.. _J&J 4.30 Suffolk-454s 1936 J&J 100 - 4%s Sept 1 1923_ __M&S 4 TEXAS WASHINGTON t_M&S 4s Building 1930 op- 4.10 kustin-Ref 4-5s 1931__J&J 9234 94 Aberdeen 554s '22-'31 _J&D 43 Lancaster- Beaumont-5s'41 op'21.J&D ..._---- ___ Clailam Co-454s 1921 _M &N 4 4s Wat July '12 to '20 Q-J 3.90 4s 1942 opt 1922 J&D 85 90 King Co-5s 1928 _M&S 4 2 4s Street Im '38op'28 A&O 3.90 1Bexar Co- 454s Refg 1921-1931 4.20 Philadelphia-4s 1937- -J&J b 3.95 3.90% 5s Ref Jan'39opt'09.Apr10 Olympia- 48 Jan 1 1938 J&J b 3.95 3.90% 4%s 1939 opt '09_ _Apr 10 . 3,%s '26 op aft '11 _J&J 4s:July 1938 J&J b 3.95 3.90% ;- Dallas-6s, F'd'g 1917_ A&O 5,1. 434 0 --- Pierce Co- 4s July 1940 J&J 1013( 101% 5s Water 1917 J&J 434 414 ..._ 5s Ref 1925 opt 1915_A&O 4.40 F4s July 1941 J&J 101% 1014 5s June 1 1931 J&D b4 4 . _ 4s Ref 1926 opt 1916..M&S 4.30 • 3%s Dec '11 to '26_J&J b 3.95 3.90 55 g Aug 1928 F&A 543 , IX rg - - -Seattle-5s 1012-1930 __J&J 4.35 33s Water 1931 J&J b 3.95 3.90 0 4sWater 1940 J&J 96% 98 _-- 434s Sewer 1927_ _ __M&S 64.40 33s July 4.35'4, _ -- 1932 J&J b 3.95 3.9070 45 Water '12 to '49_M&N 93 95 434s Water 1931 J&J 54.40 4.35% _ _ _ 3%s July 1 1934 J&J b 3.95 3.00% Ellis Co- 434s Park 1931 J&D b4.40 4.35% ___ Pittsburgh-7s l912.. J&J 55 Nov16'34 op '04 A&010 54% % ___ 4s Lib Oct 15 '22_A&O 15 54.35 4%% _ __ 4%131912 to 1940 _J&D b 4.05 4% El Paso 55 '29 opt '14_ ..F&A 4s April 11928 A&O 54.35 4%7 tis May 1925op'10-22 M&N 99 100 55 Water 1929 op 1909_ F Seattle SD Nol 4%s'24 M&N 54.35 4s 1912 to 1927 M&N b 4.05 4% Fort Worth-6s 1922_ _F&A 104 107 ___ 454s Mch '1210 '31 _ _M&S 54.35 4's 0 -- 4s 1912 to 1939 J&J b 4.05 Ss Ref 1920 J&J 99 100 ___ Snohomish Co 5s'31op aft'21 54.60 4.40% _ _ _ 4s 1912 to 1936 J&J b 4.05 5s Apr 1951 op 1931_ A&O 99 104 --- Spokane 554s Fund '18_F&A 54.60 4.40% ..._ 43.s 1912 to 1938___M&N b 4.05 4% 434sStImp'48op aft'28J&J 99 100 ___ 5s Park Dec 1 1927 _ _J&D 3%s Apr '12 to '30-A&O 4:58 434s Sch '48 op aft '28.J &J 9734 100 - 454s Bdge Const 1931 _J&J b4 % 4.40% Reading-4s '12 '28_ A&O to 4 454s Sch'49 op aft '29 J&D 9754 100 4545 Water 1035 J&J 54 % 4.40% _ _ _ 4s 1913-'18-'23-'28_ _M&S 4 4s Refunding 1941... J&J 8834 91 - 4s Water July 1 1925 _J&J b4 % 54.40 4s Apr '18 opt 1898 A&O 4% lalveston- SpokaneSD No81 4%s'29J&J 4.1t- - Schuylkill Co-4s'16 opA&O 4.00 d5s Fdg '15 on '05_ _M&N 95 opt_ _J&J 100 ___ 434s May 1 1931 _M&N 4 40 3s Jan 1 1921 __ 4.00 d5s Water 1928 op '08_J&J 95 98 __- 4s Aug 1 1012-1922 _ _F&A 54.35 4% %_ Scranton-4s '12 to '37 M&S 4.05 d5s Lint debt Sept 1 1921. 1915-20-25-30-35_ 95 98 ___ Spokane Co 4s '21 op '11 J&D 4 ki 4s A&O 4.05 d5s Lim debt June 11923. 95 98 ___ Stevens Co- nis June 1915 J&D 4% d5s Lim debt 1927 95 Fund 1929 op 1910 Scranton S D-48'15-'18-'23- 98 __- 454s 5s Grade Rais 1944_ _A&O 99 100 ___ Tacoma-5s g Feb 15'20 F&A b4.35 434% '28-'33 A&O 4.10 434sGrad,&c,'48op'28 J&J 90 ___ 454s Lt & Pow 1929_J&J 54.35 4%% _ _ _ nis 1914-1932 F&A 4.10 9334 lalveston Co- 4%s Refg 1031 A&O 54.35 43.1% - -- Steelton S D-35s'30_J&D 4.40 5s 1913 op 1903.. April 10 Tacoma No 10- Uniontown- 95 98 ___ Sch Dist 3oliad Co- 454s Refund 1920... _F&A 54.40 54.35 _ _ 4sIm '28op'18tax-ex M&N 4.40 5s Mar 10 1919_ April 10 WhatcomCo43-4s'22op'12J&J 100 Wilkes-Barre- Barris Co- WEST VIRGINIA • R'd'g '12 to '29_F&A 4.10 4s Oct 10 1947 op'17_A&O 95 96 __- Charleston 4%s'41 op'27J&J 54.60 434% 4s 1912 to 1935 J&J 4.10 lottston-(is Fund '12_ _J&J 100 10134 ___ Martinsburg- Williamsport- 6s Houston W W '44_J&J 100 108 ___ 5s Wat Wks'43op'29_Dec1 3%s Ref '29 opt '09_M&S 434 5s Comp July 1918 _J&J 101 102% ___ Parkersburg 48'23 op'13 A&O 5s Sew Nov 15 1838.M&N 95 . 100 _ 4s Water 1929 June RHODE ISLAND ,filam Co 5s May15'35_A&O 4_-% Wheeling-6s 1924 op__ Nov 102 330 g S H 1934 J&J 99 'aris-6s Apr '3700'12_J&J 5s City 1919 op 1906-July 100 . ___ as State H July 1938_ _A&O 89 55 Imp June 193b. J&J 100 ------4545 Bdge '24 op '06.July 100 _ __ _ Bristol-3 g 1930__M&S 90 Ian Antonio- 4s Ref 1912 to 1936...July 98 100 1939 M&S 90 ----- 6s g Imp 1917 op'07J&J 54.70 434% ___ WISCONSIN Cranston-4s g 1930....M&N 98 5s 1917 op 1907 F&A 54.70 East Providence 45470 -- Appleton- - 414s May 1 1920._ M&N 54.70 434% ;- 4s High Sch'12 to '24_ F&A 99 48 Fdg June 15 '47_J&D 99 ----- lherman-Os Ref 1912 A&O July '18. A&O Lincoln-45 4A Bayfield Co 5s 4::-16 1928 A&O 99 Os Funding 1030_ A&O ------Green Bay-55'12 to '17 J&J 4.20 Newport-4s g 1927. F&A 100 ----- :'arrant Co 48 Rettig 1919.. 4s Refdg 1912 to '20_ _J&J 99 _ 48 May 15 1948_ M&N 100 ----- Vac° 5s Impt 1920__M&S 100 101 --- Kenosha-3348'19 op '09.J&J 4.15 • g High Sch '54.. J&D 89 ----- 5s Nov 1 1934 M&N 100 103 .„ -5s '15 op '05_J&J Pawtucket- LaCrosse 5s Sewer 1937 J&J 4•00 3%s Rettig 1919....A&0 4.20 4s g May 1937 M&N 98 4s Jan 1 1931 90 93 --- Langlatie Co 4s '14to'23Junel 98% _ _ _ 33s 1922 J&D UNITE D STATES-See page 2 3. Ma(Iison-45 Oct 1925.. _Oct 9934 _ _ _ Providence-4s g 1921..J&J 100% U. S. Possessions-See un der Fo reign Milwaukee- .1 Apr 1927 A&O 100% 3overnments, page 50. 5s Liby & Mu '1210'17J&J 5 4.10 4% _ _ _ 3 s g WWat 1916_ M&S 9734 UTAH- 45 Viaduct 1912 to '26..J&J b 4.10 4% _ __ 3 s Sch & Br 1929_M&N- 937 s Territorial 1912 J&J 434 334s July 1912 to '21_J&J 5 4.10 4% 3s. ewer & Imp 1929 M&N 87% s State 1916 J&J 434 Milwaukee Co- Warren-4s '11 to '22_ _A&O 99 4.0 Ref 1918 J&J NIch 1 '12-'25 M&S 100 ----- Westerly-4s 434 4s Viad 1927_ _M&S 99 ,%s Refunding 1920_ - _J&J 4% Racine-5s 1912 April 4-.1i) 33s Water Feb 1929_- F&A PO ----- )gden-6s g 1912 F&A 4.30 5s July 1916 op 100( J&J Woonsocket-4s g '19_ _ A&O 99 ----- 5s 1913 M&N 4.30 434s Refundg '12-'30 F&A 4.15 33s WatMyri '31_M&N 91 92 434s Wat Jan 2 1929_J&J 4.30 4s School 1912-1923 _F&A 09 ----- 48 Refg 1921 op 1911_J&D 'loop '09..fulv 1 SOUTH 4.4V 3%s Sch 420 CAROLINA )gden SD 4s '22 op '12_J&J 04 Racine Co 48 '12 to '23_ F&A 100 4%s Blue 1928 J&J 109 alt Lake City- So Milwaukee 55 1913 _AM) 434s Refund 1933 op '13 J&J 97 Funding 4.40 5s 1914_-_-M&N 434 Wausau-4s '12 to '25_ A&O 9834 Charleston-5s Oct '22_ A&O 109 454s Ref Jan 1 1924 J&J 4.30 WYOMING 43-is 1928 A&O 107 4s Ref Jan 1921 J&J 4.30 6s Insane Asy 1012-21 .Jan 4s July '37(tax-ex't)_J&J 100 4s Water '20 op '10 -A&O 1010-28 July 45 Refg 434 Os Pub Bldg '38(tax-ex't)_J&J 100 4s S & W '25 op '15 -A&O 434 Cheyenne- Columbia-6s 1921_ ___J&J 4.65 alt Lake City Sch Dist- 5s Refg '31 op '11- F&A 4.60 43s Water 1945 J&J 103 104 5s 1912 & 1913 F&A 1930 op 1.910_ Greenville 4s 434 Evanston-55 Co 1933_J&J 100 102 ___ alt Lake County- Uinta Co- Greenwood Co '37-J&J103 434s 53,18 _- Fund '26 op '16_F&A 454 4yis'11 to '18 op '09 -J&J 4.70 Newberry 4%s 1948....J&J -4A 100 --- Veber Co-5s'21 op'11 A&O 100 Spartanburg-4%s_'35_A&O 98 4s 1922 op 1912 J&J 4.70 wi.; I Flat price. b Basis. d Stamped 234% until Dec. 11900. n Nominal.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis 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 the national banks are from the Comptroller's last call; for all other insti- tutions they are the latest obtainable, direct returns being procured by us where no periodic statements are required. 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 be Found in the Advertising Columns

ALABAMA-Nat. banks June 7; State institutions latest returns. CALIFORNIA-(Concluded.) Surplus Gross Par. Bid. Ask. Surplus Gross Capital. dc Profits. Deposits. Capital. dc Profits. Deposits. Par Bid. Ask.

Per share. Birmingham- San Fran. (Con.) I Per share. Amer Tr & Say Bit_ 500,000 283,457 3,545,975 100 155 170 509,117 4,323.201 100 230 250 French-Amer Bk of Birming'mTr & Say 500,000 Sayings _ --- 750,000 257,929 4,819,690 100 87 95 National Bank 1,500,000 1 507,360 9,026,611 100 225 240 2900 First 220 German Say-&-Loan 1,000,000 1,475,000 40,384,727 833 Jefferson Co Say Bk 200,000 110,859 1,463.225 100 200 441,560 5,913,257 100 124 135 15,000 600,000 100 115 125 Humboldt Say Bk_ 600,000 Mer & Alec T& S 13k 100,000 Mercantile Nat Bk 2,000,000 1 059,517 10,233,337 100 225 People'sSay Bk &Tr Merged in America n Tr & Say Bk. 132,987 1,802,992 100 24,160 930,378 100 140 150 Merchants Nat Bk 500.000 Traders' Nat Bank_ 100,000 Mission Bank 200.000 77,117 1,576.928 100 145 Mobile- Per share. 50 75 230 Mutual Savings Bk_ b300,000 494,950 8,456.887 30 Bk of Mobile, N B A 100,000 112,691 1,412,974 100 220 Fran, 1,450.000 2,050,000 30,213,060 250 653,989 2,734,337 100 370 380 Say Un Bk of S First National Bank 300,000 Seaboard Nat Bank 250.000 102,725 1,159,780 100 Merchants' Bank__ 150,000 150,000 1,100,00(1 100 190 195 565 Security Savings Bk 500,000 431,400 3,625,890 250 375 People's Bank 150.000 664,987 2,137,798 100 550 5,060.796 24,2:15,642 100 180 190 with Ci ty Bank & Tru at Co Wells Par Nev Nat_ 6,000,000 Central Trust Co_ _ _ Consolida ted West Metrop N Bk. 1 .500.000 233,179 3,248,949 100 60 City Bank & Tr Co_ 500,000 509,614 4,297,766 100 270 290 5.080,907 119% 122 Per share. Anglo-Calif Tr Co_ 1,500,000 331,956 100 Montgomery- Central Trust Co_ _ Merged in Anglo-Cal ifornia Tr Co. Exchange Nat Bank 300,000 112,400 565,301 100 195,923 2,736,332 50 289,914 2.670,591 100 First Federal Tr Co 1,500,000 First National Bank 1,000,000 Union Trust Co_ _- - 1.200,000 1,644,436 17,789,635 800 Fourth Nat Bank_ _ 500,000 306,187 1,912,372 100 Montgoin'y Bk& Tr a250,000 15,291 467,777 100 Per share. 421,231 100 San Jose- New Farley Nat Bk 200,000 48,949 Bank of San Jose - 300,000 238,120 2,516,491 100 Alabama 13k&Tr Co 300,000 33,817 351,845 100 222,827 2,633,681 100 6,847 179,715 First National Bank 300,000 Sullivan Bk & Tr Co 100,000 San Jose S Dep I3k_ 300,000 700,000 4.525,240 30 Union Bk & Tr Co_ 100,000 30,197 330,109 166 Security Say Bank. 100,000 31,060 1,112,182 Security State Bk.. 100,000 61,657 470,496 ARIZONA-Nat. banks June 7 1910. Gard C Bk & Tr Co 250,000 215,739 1,985,085 100 Phoenix- Per share. Nat Ilk of Arizona 200,000 148,191 893,747 100 Phoenix Nat Bk _ _ 150,000 147,276 1,895,610 100 Valley Bk ofPhoenix 150,000 95,000 2,000.000 CANADA-See last page. ARKANSAS-Nat. banks June 7 State institutions latest returns Little Rock- Per share COLORADO-Nat. banks June 7; State institutions latest returns. _ American Bank_ __ _ 100,000 24,563 427,517 25 Colorado Spr'gs- Per share• Bank of Commerce_ 100,000 210,920 1,573,525 25 Bank 50,000 56,721 883,968 100 391,662 100 Colorado Say England Nat Bank_ 100,000 11,790 Colorado Spgs N Bk 100,000 53,809 534,356 100 Exchange Nat Bk_ 300,000 214,376 1,914.771 100 El Paso Nat Bank_ 200.000 269.809 1,540,850 100 German Nat Bank_ 300,000 342,963 1,626,488 100 Bk. 300,000 240,290 3,788,446 100 100 Exchange Nat State National Bk_ 500,000 58,284 1,614,979 First National Bank 200,000 465,768 2,193.676 100 Little Rock Tr Co_ _ 100,000 25,000 25 300,000 78,699 1,384,990 100 8-16 40 Colo Title & Tr Co_ Mercantile Trust Co 120,000 81,729 -,027 Denver- Per share. Southern Trust Co_ 293,156 74,140 1,150,459 25 _ 300,000 311,197 3,256.225 100 145,520 1,599,222 100 Capitol Nat Bank_ Union Trust Co_ __ 250,000 Central Nat Bank.. 300,000 83,341 1,779,744 100 Pine Bluff- Per WJW. 51,045 2,369,704 100 _ Central S Bk & Tr_ 250,000 Bank of Pine Bluff_ 100,000 121,239 808,789 _ City Bank & Tr Co. 100.000 10,314 220,718 - Citizens' Bank... 300,000 76,251 1,052 987 _ 995,541 15,432,452 100 48,949 446.005 Colorado Nat Bank 500.000 Cotton Belt S& TCo 100,000 Denver Nat Bank k750,000 1,092,094 10,292,900 100 Merch & Plant Bk_ 175,000 126,121 668,0:31 25 85,000 700.000 100 855,000 8615,000 100 Denver Stk Yds Bk 100.000 Simmons Nat Bank 200,000 First National Bank 1.000,000 1,019,872 17,361,096 100 CALIFORNIA-Nat. banks June 7; State institutions tatest returns. Hamilton Nat Bank 250.000 539,989 U S Nat Bank 350,000 ---- 4,569,474 100 Continental Tr Co 300,000 115,907 707,891 100 Los Angeles- Per share. 115 125 German-Am Tr Co 500,000 103,684 3,475,986 100 All Night & Day Bk k 1 40,000 18,784 1,403,807 100 313,016 88,883 2,472,275 100 Hibernia Bk&TrCo 100,000 32,709 Amer Sayings Bank 270,000 International 'Fr Co k250,000 417,196 4,691,873 100 Bank of Los Angeles Consolid ated with Home Say Bk Per share. 4,481 681.761 100 85 Leadville- Bk of So California. 300,500 American Nat Bank 100,000 21,000 510,000 100 B'way Bk & Tr Co. 250,000 281.368 2,739.860 100 200 100 1,975,048 100 119 Carbonate' Nat Bk 100,000 31,297 1,916.904 California Say Bank 244,150 37,635 Pueblo- No minal prices Central Nat Bank_ _ 300,000 .249,963 2,344,717 100 191 7,347.2(32 100 8,674,021) 100 215 217 First National Bank 300,000 303.917 Citizens' Nat Bank_ k1.000,000 616,705 Mercantile Nat Bk 100,000 77,894 1,328,404 100 Commercial Nat 13k 200,000 r55,044 r 2,032,032 100 147 1,560,927 100 2,523,039 100 Pueblo Say & Tr Co 100,000 25,314 Equitable Say Bank 250,000 88,287 Western Nat Bank. 100.000 25.677 855,886 100 Farmers' & Mer Nat 1,500,000 2,017,756 12,616 797 100 297 Federal Bank 50,000 11,804 465,045 100 125 First National Bank 1,51)0,000 2,325,927 16,473,988 100 525 660 CONNECTICUT-Nat. banks June 7; State institutions June 7. Germ-Amer Say Bk 700,000 561.643 16.221,091 100 338 Bank 200,000 27.136 627,967 100 125 100 Globe Savings share. Home Savings Bk_ 400,000 49,809 1,945,713 100 115 116 Bridgeport- Per Intern'l Say Ex Bk_ 200.000 16,640 1.671,668 100 City National Bank 250,000 453,990 2,025,763 1001 190 S II 250,000 438,247 100 Connecticut- Nat Bk 332,100 356,632 1,761,426 100 193 Los A Hibern'n Merchants' Nat I313_ 200,000 737,650 6,649.720 100 585 First Bridgeport N B 500.000 676.164 3,195,724 100 214 500,000 207,965 4,111,207 100 199 Pequonnock Nat Bk 200,000 199,126 1,402,129 100 151 Nat Bk of California 140 Nat Bk of Comm'ce 200,000 r30,701 /*MO ,887 100 107 117 Bridgeport Tr Co.. 200,000 100,000 1,482,913 100 200,000 29,926 1,374,347 100 Park Bank Per share. Security Sayings Bk 1,000,000 1,033,174 31 379,180 100 375 117 Hartford- 7,841 1.238,635 100 Aetna Nat Bank... 525,000 901.645 2,801,677 1001 245 Traders' Bank 200,000 74 -77- - Oil & MetaisIl&TCo 275,400 7,880 692.2:38 100 American Nat Bk.. 600,000 446,821 1,945,314 50 500,000 Began bus mess Aug. 7, 1 911 Charter Oak Nat Bk 500,000 446,736 2,117.676 100 135 Citizens Tr & Say 13k 104 Los Ang Tr & 513k 1,500.000 954,209 9,229,376 100 City Bk of Hartford 440,000 128,487 1,313,780 100 160,46( 1,715,894 100 122 Conn River Bkg Co 150.000 225,744 1,028,000 30 70 Merch'ts' Bk &TrCo a250,000 Southern Trust Co. 1 000,000 252.604 6,246,208 50 86 First National Bank 650,000 495.327 3,708,488 100 162 US National Bank. 200,000 r109,486 r 1.198.850 100 i50- Hartford Nat Bank 1,200,000 1,032,390 4,205,565 100 154 158 Per share. National Ex Bank. 500.000 375,003 1,362,071 50 65 Oakland- 150 Central Say Bank_ _ 500,000 145.514 5,210.007 30 Phoenix Nat Bank_ 1,0(10.000 646,187 1,890,029 100 143 Central Nat Bank_ _ 1,000,000 d306,597 d5.694,742 Security Company. 200,000 189.077 1,022,661 100 150 Farmers' & Mer Ilk al72,400 11.576 1,233 889 100 State Bank 400.000 381,176 2,376,794 100 150 First National Bank 500,000 117.000 3.000.000 100 United States Bank 100.000 306,069 1,918,897 100 400 Harbor Bank al00,000 7,762 229,955 Conn Tr & S D Co_ _ k300.000 625.480 3,563,529 100 5200 Oakland Ilk of Say. 1,150,000 909,545 20,123,978 75 Fidelity Trust Co_ 100.000 102.347 750,765 100 180 194,460 52,184 1,040,631 20 IIartford Trust Co_ 300.000 434,027 2,741,289 100 27' Security Ilk & TrCo 150 State Sayings Bank 100,000 174.324 1,139,379 100 Riverside Trust Co_ 150.000 v103,222 i880,674 100 135 Union Sayings 13k.. :300,000 433,061 4,672,334 100 New Haven- I Per share Sacramento- Per share. City Bank of N H._ 500,000 208,007 958,933 100' H75 1,000,000 310,642 8,306,595 100 First National Bank 500,000 536,337 2,090,709 100 California Nat Bank 813' Farm & Mech S Ilk_ a200,000 15 6:35 1,287,006 100 ----- Mechanics' Bank . 300.000 213.534 1,501,581 60 N B D 0 Mills & Co 500,000 786,964 4,561,060 Merchants' Nat Bk 350,000 252,412 1,592,973 50 66 70 People's Say Bank_ 410,000 54,977 2,923,223 80 Nat New Haven Bk 464,800 459,016 1,534,901 100 193 Sacramento Bank.. 500,000 552,313 6,201,839 Nat Tradesm's Bk_ 300,000 410.788 1,401,519 100 193 San Francisco- Per share. N II Co Nat Batik.. 350,000 503,193 1,845,049 10 20% American Nat Bank 1,000,000 403,182 5,176,930 100 126 131 People's 13k & TrCo 200,000 39,009 896.660 An_glo-London-Paris Second Nat Bank.. 500.000 589,231 1,736,773 18(1 I National Bank.. 4,000,000 1,549,800 25,131,253 100 152% _. Yale National Bank 500.000 325,070 1,601,886 100 138% Bank of Calif N A.. 8,500,000 7,808,769 29,683,169 100 _ _ ..204 Un & N Haven TrCo 650,000 402,909 1,841,254 100 150 Bank of Italy 1.000,000 168,017 6,1c5,6.5o 100 110 115 Norwich- Per share. City & County Bk_ 350,000 33,175 1,044,000 100 93% First National Bank 300,000 108,722 732,133 100 85 Columbus S & L Soc 130,000 111,169 2,107.899 250 Merchants' Nat Bk 100,000 49,567 237,533 100 105 Crocker Nat Bank_ 2,000,000 2,206,071 18.828.914 100 Thames Nat Bank_ 1,000,000 845,825 1,705,7750 Don'hoe-Kelly B Co 650,000 225,819 2,042 979 100 Uncas Nat Bank_ _ _ 100,000 30,857 203,603 1021 1.,3F First National Bank 3,000,000 1,762,731 12,704,670 100 214 Thames L & Tr Co_ 100.000 80,377 1,196,925 1111 •Sale price. a Capital paid in; authorized amount is larger. b This is capital paid in; authorized amount is larger; when full paid, par value will also be increased. k Capital to be increased. x vidend. d June 30 1911. h Ex-rights. c Figures are of date Nov. 10 1910 n To consolidate. •_t Jan. 24 1910. • ,r July 1 1911. • yl.lan. 22 1910. •_sjAlar. 7 1911. t To consolidate. v July 20 1911, e New stock.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis 56 BANKS AND TRUST COMPANIES [VoL. Lxxxxii

Where Names are Printed in Italics Fuller Returns may be found in the Advertising Columns. CONNECTICUT-(Concluded) ILLINOIS-Nat. banks June 7 (close of business); State institutions. June 8 (opening of business). Surplus Surplus Gross Gross Capital Capital. dc Profits. Deposits. Par. Bid. Ask. ct Profits. Deposits. Par Bid. Ask. Aurora- 8 Waterbury- $ 3 s Per share. $ $ Per share. Citizens' Nat Bank_ 300,000 155,657 turora Nat Bank__ 100,000 234,499 1,577,640 100 *365 1,073,751 100 134 140 First Nat Bank.... 100,000 Manufac's' Nat Bk_ 200,000 144,276 2,608,027 100 175 200 147,386 1,272,784 100 265 Waterbury Nat Bk_ 500,000 490,480 3erman-Am Natlik 100,000 62,030 1,019,672 100 160 1,313,363 50 80 85 Aerchants Nat Bk_ 100,000 128,115 Colonial lrust Co__ 4010,000 252,221 2,852,408 100 150 1,018,925 100 230 Merchants Tr Co_. 100,000 31d Second Nat Bk 200,000 48,301 1,091,509 100 110 115 1,243 233,121 100 turora Tr & Say Bk Waterbury Tr Co__ 200,000 23,289 565,737 100 100 105 100,000 17,820 257,759 100 Chicago- Per share. DELAWARE-Nat. banks June 7; State institutions latest returns. Calumet Nat Bank_ 100,000 49,360 892,205 100 150 Chicago City Bank_ 500,000 271,324 3,073,749 100 195 201 'ant cfc Corn Nat Bk 820000 000 10,285,337 176153,677 100 277 279 Wilmington- Per share. lorn- Exch Nat Bk__ 3,000,000 5,696,273 59,623,164 100 424 426 Central Nat Bank__ 210,000 100,188 515,651 100 115 125 Drexel State Bank_ 200,000 41,199 2,592,889 100 161 163 Farmers' Bank.... 200,000 85,801 735,737 50 120 135 Drovers Dep NatBk 600.000 443,234 8,649,466 100 223 228 First National Bank 500,000 389,188 1,380,234 100 140 160 Douglas State Bank 200,000 68,403 100 100 104 Nat Bk of Delaware 110,000 137,927 859,725 100 215 225 Englewood StateBk 200,000 51,047 1,149,923 100 142 N B of Wilmington virst National Bank 10,000,000 11,276,437 116947,742 100 428 430 and Brandywine_ 200,010 451,786 1,469,330 30 83 90 First Nat Engiew'd 150,000 191,247 3,393,614 100 280 Union Nat Bank... 203,175 557,721 1,696,156 25 83 90 Foreman Bros BgCo 1,000,000 563,475 10,875,988 100 Delaware Trust Co_ 100,000 108,002 131,615 100 160 210 Ft Dearborn N Bk_ 2,000,000 616,18923,137,746 100 227 230 Equitab Gu & Tr Co 500,000 738,866 2,411,055 100 215 240 libernian Bkg Assn 1,500,000 1,053,879 26,309,617 100 Security T & S D Co 600,000 744,917 2,281 ,717 100 215 240 Kaspar State Bank 8200,000 193,558 4,049,6 7 100 Wilmington Tr Co_ 300,000 175,590 2,414.492 50 120 136 Lake View State Bk 200 000 49,679 1.600.722 100 La Salle St Nat Bk_ 1,000,000 257,031 2,232,561 100 104 106 DisT. OF COL.-Nat. bks. June 7; other institutions June 7. raive StIc Ex Nat Bk _ 1,250,000 546,109 11 ,532,242 100 244 248 4lonroe Nat Bank_ 300,000 66,840 1,914,492 W a shi n gton-- 100 133 137 Per share. Vat Bk of Republic_ 2,000,000 1,313,977 24,442,379 100 199 207 American Nat Bk__ 600,000 270,904 2,666,001 100 185 200 gational City Bank 2,000,000 494,340 29,259,966 Citizens' Say Ilk_ _ _ 17,183 573,595 100 197 200 100,000 at Produce Bank_ 250,000 90,389 1,892,700 100 147 150 Columbia Nat Bank 250,000 294,337 2,070,716 100 250 280 gorth Ave State Bk 200,000 74,639 1,396,701 Commercial Nat Bk 750,000 474,444 5,208,999 100 100 145 148 199 201 go Side State SaBk 50,000 34,230 1,009,000 100 160 175 Dime Savings Bk__ 100,000 n6,441 n232,010 gorth West State__ 200,000 30,405 1,1,00,087 District Nat Bk___ 400,000 79,947 1,444,611 100 127 131 100 133 134 ?eoples StkYdsSt'e 300,000 115,137 3,127,027 100 220 Farm & Mech Nat.. 252,000 416,964 1,090,873 100 255 ?rairie State Bank 500,000 62,711 7,669,708 FourteenthStSayBk 100 000 8,947 458,137 100 240 iecuritY Bank 300,000 221,092 2,915,1133 100 220 Horne Savings Bk__ 100,000 133,942 3,257,440 100 310 io Chicago Say Bk_ 200,000 94,600 1,752,666 Lincoln Nat Bank_ 300,000 98,050 1,076,868 100 150 153 100 141 iouth Side State__ 200,000 12,782 1,523,427 100 136 140 Merch & Mech S H. 400,000 159,111 2,598,477 100 170 200 >tate Bk of Chicago 1,500,000 1,065,680 24,601,392 Nat Bank of Wash_ 1,050,000 718,586 3,600,219 100 369 371 100 260 itock Yds Say Bk_ 250,000 196,587 3,156,357 100 225 Nlat Capital Bank__ 200.000 252,000 1,015,130 100 203 Jnion Bank of Chic 6200,000 49,816 1,417,927 Nat City Bank_ _ _ _ Consoli dated wit 100. h Commer cial Nat. B ank. NashingtonPkNBk 100,000 r8,491 r570,676 100 174 Nat Met Bank 800,000 610,877 4,281,362 100 216ki ffendell State Bank Riggs Nat Bank... 1,000,01)0 50,000 13,276 839,590 100 110 1,924,067 9,034,717 100 500 3entral Tr Co of 111 2,000,000 077,674 20,304,491 100 Second Nat Bank__ 500,000 259,135 1,525, 103 195 )94 100 165 167 )hicago S 13k&Treo 1,000,000 224,489 5,807,663 100 137 139 Amer Secu & Tr Co 3,000,000 2,166,949 8,564,369 100 285 287 ;hie Title & Tr Co_ 5,000,000 11,810,641 Nat Say& '1'r Co__ 1,000,000 874,537 100 161 165 6,735,224 100 225 __. 3olonial Tr&Sav Bk 600,000 475,687 6,093,727 100 200 204 Union Savings Bk_ 200,000 144,495 1,509,045 100 240 260 .3ont & Com T &S B Union Trust Co_ 3,000,000 734,541 20,507,006 100 _ _ _ 2,000,000 414,776 2,435,771 100 142 144 )rovers Tr&Sav Bk 200,000 140,926 3,128,460 Un'ed States Say Bk 116,000 25,680 100 185 100 391,717 Farwell Trust Co__ 1,500,000 239,520 1,266,265 100 112 114 United States Tr Co 1,000,000 140,873 1,880,778 100 118 122 First Tr & Say Bk_ Wash Loan & 2,500,000 3,648,690 55,911,170 100 Tr Co 1,000,000 1,015,916 6,744,271 100 220 225 Ft Dearb Tr & S Bk 250,000 3,057 758,443 100 lreenebaum Sons' PLO R IDA -Nat. banks June 7 State institutions latest returns. Bank & Trust Co 1,500,000 Began bus mess June 15 1911 )uarantee Tr&Sav 200,000 29,180 470,742 100 114 116 lards Tr & Say Bk 1)1,250,000 1,918,493 16,0(16,020 100 Jacksonville- Per share. 450 Atlantic llinois Tr & Say Bk 5,000,000 8,850,824 91,439,915 100 492 407 Nat Bank_ 350,000 613,490 5,244,121 100 360 ienw'd Tr&Sav Barnett N B of Jack 750,000 443,847 6,157,686 Bk 200,000 62,030 1,735,849 100 154 157 100' 300 .akev Tr&Sav Bk 200,000 49,680 Commercial Bank_ _ 100.000 38,680 632,051 100 112 1,600,773 100 142 144 Florida Ilerchants L & Tr Co 3,000,000 6,273,210 63,061,150 100 425 430 Nat Bank_ _ 500,000 204,169 3,562,922 100 188 190 Jetropol'n Fourth Nat Bank__ 400,000 135,609 803,706 T&S Bk 750,000 248,857 4,727,738 100 126 131 100 136 140 dichigan Ay Tr Co 200,000 60,057 639,036 Guar Tr & Say Bk_ 100,000 38,401 378,494 100 125 130 100 143 146 Illd-City Tr & S Bk 500,000 58,372 952,414 1C0 180 185 gorthern Tr Co Bk.. 1,500,000 2,507,083 31,36,120 100 312 315 gorthw'n Tr&S Bk b 200,000 77.298 2,656,230 CIEOROIA-Nat. bka. June 7; State institutions latest returns. 100 183 190 )Id Colony Tr& S B 200,000 50,000 71,994 100 122 125 ?eople's Tr ScSavI3k 500,000 137, 34 5,538,070 100 Atlanta- Per share, 182 185 American Nat Bk__ 600,000 552,920 'unman TnirSayBk 300,000 259.673 4,137,816 100 165 3,070.861 200 210 1heridan Tr Say Bk 200,000 21,979 684,597 Atlanta Nat Bank__ 1,000,000 1,118,467 6,533,881 276 100 111 114 Central 1tand'rdTr&SavBk 1,000,000 284,868 4,293,660 100 141 144 Bk & Tr Cor 500,000 200,000 3,500,000 148 151 1tockmen's Fourth Nat Bank__ 600,000 852,140 6,308.322 Tr S Bk 200,000 43,461 9.12,187 100 115 *247 Jnion Trust Co__ 1,200,000 1,229,388 18,062,765 100 300 Fulton Nat Bk____ 500,000 65,000 1,000,000 117 *117 Ga Say Bk & Tr Co_ 200,000 Vest Tr & Say Bk_ 1,250,000 203,650 10,479,707 100 150 153 101,409 650,728 150 V Side Tr & Say Bk 200,000 112,071 3,888,913 Germania Say Bank 200,000 20,000 150,000 100 255 Voodrn Tr&SavBk 200,000 69,161 1,353,680 100 Lowry Nat Bank__ 1,000,000 1,180,501 4,614,848 242 245 180 185 Thin! Nat Bank___ Elgin- Per share. 500.000 772,601 3,736,399 270 285 !Agin Nat Bank_.._ 100,000 2,87' 613,422 Guar'ty Tr dz Bk Co 500,000 62,944 285,687 Hillyer Trust i'irst Nat Bank_ 200,000 n117,306 n725,284 Co.__ g250,000 62,273 125,084 120 125 lome Nat Bank... 150,000 Trust Co of Georgia 1,000,000 150,000 705,000 100

000000000000 620,529 000000000000 *170 175 Augusta- Jnion Nat Bank 100,000 20,000 400,000 100

Per share, i:Igin City B'k'g Co 100,000 115,750 1,343,321 Augusta Savings B. 50,000 25,000 830,000 150 Citizens' lome Savings Bank 100,000 04,373 800,297 100 Bank__ __ 50,000 11,607 273,637 85 95 Peoria- Georgia RR Bank__ 600,000 222,147 2,781,706 !entral Nat Bank.. 200,000 175,460 2,.01,202 Merchants' Bank__ 140,000 210.010 1.112,066 215 .._ 100 Nat Bk of Augusta_ ;orn'l Ger Nat Bk__ 550,000 688,607 5,201,425 100 250,000 266,497 449,040 185 195 )ime Say & Tr Co.. Nat Exchange Bank 400,000 189,979 250,000 117,753 1,881,307 751,600 125 130 i'irst Nat Bank_ ___ 550,000 292,862 3,480,376 Planters' L &S Bk_ 50,000 131,480 1,189,915 35 100 Union Say Bank__ _ 30,000 lome Say & State_ 120,000 117,092 1,444,720 100

W...0Q0000 85,070 921,918 0.0000000 75 llinois Nat Bank_ 200,000 04,694 1,743,104 Columbus- Per 100 Columbus share. nterst'te Bk&TrCo 200,000 23,390 461,748 Say Bank 200,000 80,349 863,624 Ierchants Fourth Nat Bank__ 100,000 Nat Bk_ 200,000 211,760 2,012,683 100 258,705 452,162 lay Bank of Peoria 150,000 213,985 2,035,066 Home Savings Bank 100,000 61,164 471,466 100 March Qui tic y- & Mech Bk_ 125,000 125,654 404,164 llinois State Nat Bk of Columbus Bank_ 150,000 3,655 721,080 200,000 235,599 439,446 luincy Nat Bank_ 64,309 Third Nat Bk 250,000 322,740 100,000 1,014,587 100

000000 454,801 000000. Macon- ticker Nat Bank_ 500,000 400,557 4,793,067 Per share. ,lercantile Tr & S B 200,000 70,237 952,573 American Nat Bank 500,000 457,240 2,520,813 192 Citizens' 195 Itate Say L & Tr Co 600,000 458,035 4,920,919 Nat Bank_ 250,000 62,703 1,063,300 120 122 Rockford- , Commercial Nat Bk 200,000 856,000 31,000,000 Per share. 120 122 Porest City Nat Bk 100,000 155,585 1,013,419 100 Fourth Nat Bank 300,000 143,931 1,559,101 145 150 Continental Tr tanufrs Nat Bank_ 200,000 71,892 1,833,979 100 Co. 500,000 82,000 503,000 112 115 'eoples Bk & Tr Co Macon Savings Bk_ g100,000 11,500 125,000 145,221 1,042,364 100 000000 200,000 000000 80 82 Savannah- tockford Nat Bank 100,000 107,253 1,648.257 100 Per share. ,wedish Am Nat Bk 125,000 3,851 250,224 Chatham Bank_ ... _ 150,000 74,641 870,030 122 _ Citizens'&South Bk 'hird Nat Bank___ 250,000 197,973 1,702,707 100 700,000 962,228 5,994,290 273 280 Vinnebago Nat Bk Commercial Bank 83,260 52,276 250,000 260,030 1,738,196 100 339,750 123 Springfield- 1 Per Exchange Bank_ _ _ 125,000 44,280 515,096 127 share. Germania Bank armers' Nat Bank 200,000 275,764 1,915,940 100 ___ 300,000 333,090 1,308,843 183 186 'irst Nat Bank.___ Ellb Bk of Savannah 200,000 174,691 250,000 204,517 1,82,937 100 714,298 1523' llinois Nat Bank 300,000 169,629 1,458,895 Merchants' Nat Bk. 500,000 200,639 621,634 100 Nat 112 114 fidgely Nat Bank_ 300,000 110,917 1,322,128 100 Bk of Savannah 250,000 470,201 1,380,995 230 Oglethorpe Say& Tr p'gfield Marine Bk 300,000 412,795 2,477,949 100 g125,000 149,979 1,026,936 152 IrstT&SBk,Spfield Real Estate Bank_ 150,000 13,095 100,000 30,771 541,299 255,746 107 langamon L dr Tr Co 400,000 ,971 Savann'h Bk&Tr Co 628,600 562.364 1,539,837 21,023 2,331 Citizens' Trust 159 1" Co__ 100,000 24,667 118,012 125 . _ _ Savannah Trust C 500,000 253,485 INDIANA

00000000000QQ -Nat. 1,119,971 0000000000000 134 137 banks June 7* State institutions latest returns. Evansville- IDAHO-Nat banks June 7; State institutions latest returns. Per share. Bankers Nat Bank_ 250,000 18,527 1,043,4751 100 Citizens' Nat Bank_ 300,000 51,700 2,045,000 100 City National Bank Boise City- Per share. 350 )0 345,377 3,534,722 100 Boise City Nat Bk_ 250,000 244,920 2,123,732 Old. State Nat Bank 500,000 0267,86203,300,000 100 First Nat of Idaho_ 200.000 312,554 1,890,174 West Side Bank__ 100,000 45,437 1,133,249 100 Idaho Ti &S ilk Ltd 200,000 19,271 Am Tr & Say Bank 200,000 80,124 1,175,967 100 822,177 100 Evansv Tr&Sav Co * Sale 100,000 35,103 1,143,090 100 price. a Capital and surplus to be increased. b Capital to be dend. y Aug. 22 1910. c increased. g Capital paid in; authorized amount is larger. x These figures date March 27 1911. d New tsock. e July Ex-diyi- r March 7 1911. s August 7 1911. 22 1911. v Last sale. 1 June 30 1911. n Jan. 7 1911

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis 57 SEPT. 1911.1 BANKS AND TRUST COMPANIES

Returns may be Found in the Advertising Columns. Where Names are Printed in Italics Fuller -Nat. banks June 7; State institutions latest returns. IN DIANA-(Concluded.) KENTUCKY Surplus Gross Surplus Gross Ask. Capital. ct Profits. Deposits. Par. Bid. Ask. Capital. ct Profits. Deposits. Par Bid. Per share. 5 Per share. $ $ $ Fort Wayne- Covington-, 500,000 260,964 3,838,041 100 150 100 160 First Nat Bank 100 130 Citizens Nat Bank_ 200,000 141,160 1,029,167 Nat Bk._ 260,000 . 86,000 e 2,000,000 178,3:40 2,271,109 100 160 170 Ger-Amer 3,036,070 100 240 250 First National Bk__ 600,000 Hamilton Nat Bank 300.000 459,794 NatIon'l Bk 350,000 143,143 1,169.919 100 135 140 197,245 3,020,726 100 175 Germ'n 140 Old National Bank_ 350,000 110 Covington S Bk&Tr y100,000 37,836 554.393 100 200,000 26,907 1,142,561 60 120 Citizens' Trust Co_ _ 50 110 People's SayBk&Tr 150,000 26,000 679,674 100 Peoples Tr&Sav Co 200,000 47,820 1,274,690 136,019 4,195,786 100 150 Tri-State L & Tr Co 300,000 Lexington- Per share Indianapolis- Bank_ 300,000 328,654 1,138,260 100 24754 477,494 6,743,208 100 188 195 Fayette Nat 134 Capital Nat Bank_ _ 1,000,000 101 103 First National Bk__ 400,000 118,463 841.939 100 500,000 33,863 1,899,732 100 205 210 Columbia Nat Bank 100 111 115 Lex'ton City N Bk_ 500,000 284,233 1,363.850 100 Nat Bk 400,000 42,827 1,570,632 46,380 427,790 100 128 - Continental 1,100,362 14,567,969 100 227 231 Second Nat Bank__ 150.000 Fletcher Amer N Bk 2,000,000 NB 600,000 129,176 1,439,482 100 ii,i 1,000,000 1 302,294 7,845,692 100 275 Phoenix&Third Indiana Nat Bank_ 100 200 Nat Bk_ 1,000,000 926,437 5,738,371 Per share. Merchants' 61,9/8 1,681,483 100 115 Louisville- Union Nat Bank_ _ _ 400,000 Nat Bk__ 800,000 244.760 3,970,575 100 133 134 300,000 83,361 410,845 100 124 American 250 Central Trust Co _ _ 129 Citizens' Nat Bank_ 500,000 630 020 3.694,929 100 240 100,000 50 620 660.698 100 100 90 95 Farmers Trust Co_ _ 595.870 100 Corn Bank & TrOo_ 500.000 50.627 1,551,200 Fidelity Trust Co_ _ 100,000 5,898 500,000 236 013 3,007.926 100 200 500,000 55,361 3,954 072 100 150 First National Bk__ German-Amer TrCo German Bank 250,000 570.761 4.405,049 100 325 350 1,000,000 563,191 7,922.844 100 182 50 160 170 Indiana Trust Co_ _ v100 218 Ger Insurance Bk 249,500 540.497 5,075,946 Trust Co_ __ 300,000 220,927 3,491,995 88,236 1,063.764 100 173 174 Marion 72,075 749,422 100 130 German SecurityBk 179,000 Security Trust Co_ _ 325,000 350,000 65,767 1,464.104 100 115 __- 600,000 655,688 1,930,922 100 246 Kent Tit S Bk&TCo 100 Union Trust Co_ __ _ snare. Say Bank 350,000 43.167 698,629 100 95 Per Lincoln 100 153 155 No minal prices Lonisy Nat Bkg Co_ 250,000 111,675 2,348,169 Terre Haute- 800,000 392,175 4,143,955 100 18754 500,000 541,264 2,617,011 100 Nat Bk ofCommerce 191 First National Bank Nat Bk of Kentucky 1,645,000 1,410,735 6,507.966 100 18954 Bank_ 500.000 310.133 2,515,762 100 100 _ . __ 139 McKeen Nat 100 Southern Nat Bk__ 500,000 102,253 4,500,042 Terre Haute Nat Bk 300,000 99,446 1,097,659 51,662 612,164 100 133 v250.000 224,941 2,430,739 100 Stock Yards Bank_ 100,000 United States Tr Co Third National Bk_ Consolida ted with S outhern N at B ank 528,594 4.678,119 100 220 230 State institutions latest returns. Union National Bk_ 500,000 IONVA-Nat. banks June 7; 1,000.000 2567! 1,819.130 100 13951 140 Columbia Trust Co_ 163 Fidelity Trust Co__ 2,000,000 138.538 949.938 100 160 Per share. 806,100 270,398 1,711.754 100 17454 Burlington- Louisville Trust Co_ 130 Say Bk_ 100,000 18,595 662,349 100 U S Trust Co 350,000 105,779 666,898 100 129 Burlington 736,755 100 First National Bank 100,000 63,701 125,000 286,303 2,557,224 100 Per share germ-Amer Say 13k Newport- 120 Say Bk_ 200,000 264,763 2,884,673 100 German Nat Bank_ 100,000 c66,309 e650,589 100 Iowa State 485,957 100 120 bferchants' Nat Bk_ 100,000 140,131 1,163,847 100 Newport Nat Bank 100,000 72,707 National State Bk_ 150,000 175,000 1,025,000 100 prices Cedar Rapids- No minal Nat Bk 100.000 195,587 3,636,946 100 Jed Rapids banks June 7; State institutions latest returns. 3ed Rapids Say Bk 100,000 154,690 2,052,737 100 LOUISIANA-Nat. Commercial Nat Bk 100,000 11,364 957,201 100 Commercial Say Bk 50,000 14,460 470,100 100 - Per share. 717,537 100 New Orleans Iowa State Say Bk_ 50,000 22,896 Bank of Orleans___ 100,000 77.308 1,238,745 100 205 Merchants' Nat 13k_ 200,000 223,069 4,457,493 100 &TCo 2,000,000 300,000 10.889,784 100 129% 134 862,310 100 Canal La Bk 130 People's Say Bank_ 50,000 33,063 Citizens' Bk & Tr Co 400,000 113,917 1.961.430 100 122% Security Say Bank_ 150,000 144,765 1,858,006 100 150,000 41,500 904,000 100 City Bk & Tr Co Amer Ih• & Say Bk_ 100,000 109,563 1,653,567 Commercial Nat 13k 300,000 451,207 3,376,729 100 200 Germ'n Per share. Commercial Council Bluffs- Tr & Say Bank 1,100,000 848,724 11,587,412 100 260 National Bank 120,000 30,000 780,000 100 Co 200,000 53,032 301.291 100 _ . City s700 000 100 Cosmop Bk & Tr 'Commercial Nat Bk 100,000 830,000 Ger-Amer Nat Bk_ _ 1,000,000 700,593 5,454,900 100 185 18734 'Council B1 Say Bk_ 150,000 177,973 1.964,760 Bank 2,200,000 Ger-Amer Say 200 First National Bank 200,000 150,000 & Trust Co 200,000 123.908 1,840,478 100 Bank 50,000 75,270 851,189 506.032 6,542,949 100 201 State Sayings Per share. It-State Tr&B Co_ 750,000 Da ven port- Bank_ 400,000 303,307 2,632.637 100 185 3,966,628 100 260 275 Metropolitan 124 Davenport Say Bk 300,000 373,930 Morgan State Bank 100,000 116.782 1,033,531 50 Say_ 100,000 77,651 1,168,445 100 180 200 1.157,549 Farm & Mech 265 N Hibernia Nat Bk 400,000 84.017 First National Bank 200,000 211,727 1,374,574 100 240 645,080 4,627,693 100 175 100 375 400 New Orleans N Bk_ 1,000,000 3erman Sayings Bk 600.000 887,857 10,470,421 Bk &TrCo 200,000 75,031 1,529,771 100 110 182,174 1,650,085 100 220 230 Teutonia 240 Iowa National Bk__ 150,000 U S SDp & Say Bk 100,000 14 ),260 1,475,847 100 Say Bank_ 50,000 19,976 339.366 100 125 135 15,060,656 100 293 296 Security 285 300 Whitney-Cent N B. 2,500,000 1,808,380 Scott Co Say Bank_ 250,000 329,881 4,370,126 100 1,000,000 2,321.017 16,316,532 100 525 540 1,828,486 100 220 225 Hibernia Bk&Tr Co Union Savings Bk_ 100,000 119,760 Whitney-Cent Tr dr Tr & S Bk 100,000 110,760 294,390 100 200 2,451,221 Citizens' Per share. Say Ilk 200,000 26,419 Des Moines- - Per share 30,507 1,581,744 100 Shreveport 175 Cap City State Bk_ 100,000 American Nat Bank 150,000 58,997 923,403 160 State Bank_ 200,000 85,711 2,868,810 100 501,667 4,805,527 100 250 300 Ilentral Commercial Nat Bk 500,000 Century Say Bank_ 100,000 11,236 738,462 100 Bk.._ 500,000 260,283 3,390,107 100 175 180 151,937 1,852,727 100 _____ First National 140 3itizens' Nat Bank_ 200,000 Contin't'l B & Tr Co y300,000 120,736 1,482,614 125 135 Commercial Say Bk 50,000 20,190 488,391 100 Des Moines Nat Bk 500.000 128,881 5,301,609 100 100 Des Moines Say 13k_ 200,000 68,337 2,510,928 MAINE-Nat. banks June 7; State institutions latest returns. 3erman Say Bank_ 100,000 22,147 1,340,420 100 50,000 16,929 1,076,688 100 Flome Sayings Bank Per share. Iowa Tr & Say Bk. y50.000 9,302 561,414 100 Bangor- 1,000.000 405,047 6,636,998 100 Bk__ 300,000 314,667 .577.072 150 160 Iowa National Bk.._ First National 276 300 Bank__ 50,000 5,122 365,650 100 derchants' Nat Bk_ 100,000 255,614 832,699 Iowa State 702.557 300 310 Mechanics' Say Bk_ 50,000 13,661 622,4)51 100 ;econd Nat Bank__ 150,000 475,786 100,000 135,842 2,390,090 100 Co 175,000 491,035 4,023.639 325 350 People's Say Bk__ F.:astern Tr&Bkg 175 185 State Sayings Bank 50,000 47,586 1,045,817 100 ienduskeag Tr Co_ 100,000 114,663 1.483.089

888888 888888 150 160 Bk 50,000 5,067 186,128 100 derrill Trust Co- 200,000 171,292 2,306,701 University State 100 Valley National Bk 300.000 149,577 2,619,51:3 50,000 82,294 1,106,027 100 Per share Valley Savings Bk.. Portland- 104 107 Iowa Loan & Tr Co 500,000 701.759 12,299,484 100 anal Nat Bank_ _ _ 600,000 325,900 1,442,257 400,000 320,914 4,967,456 106 108 Dubu ilia- 3asco Nat Bank__ 110 Bk. 100,000 16,389 509,937 100 100 )hapman Nat Bk__ 100,000 26,935 1,448,378 109 5itizens' State 100 102 103 Dubuque Nat Bank 100.000 24,840 1,107,121 100 )umberland Nat Bk 150,000 73,266 533,068 75,000 71,505 857,296 100 135 140 National Bank 600,000 492,237 2,592,206 118 122 Dubuque Say Bank ?irst 150 160 First National Bank 200,000 150,640 1,368,902 100 140 150 'ortland Nat Bank 300,000 333,342 4,991,803 150,000 57,265 1,191,964 100 110 120 Trust Co__ 400,000 432.676 7,070,570 210 215 3erman Say Bank_ ridelity 145 150 lerm Tr dr Say Bk. 100,000 71,920 1,572,221 100 100 110 dercantile Trust Co 100,000 115.576 993,170

882888888 882888888 150 155 Iowa Tr & Say Bk_ 300 000 157,973 1,593,446 100 140 150 Jnion S D & Tr Co 250,000 269,464 497,226 Second Nat Bank__ 300,000 164,897 922,282 100 140 150 Sioux City- No minal prices Bank 400,000 143,599 6,150,715 100 Erirst National latest returns. Ave Stock Nat Bk_ 100,000 83,033 2,302,034 100 MARYLAND-Nat. banks June 7; State institutions 100,000 39,030 1,043,900 100 lorthwest Nat Bk_ Baltimore- Per share Iecurity Nat Bank_ 250.000 209,461 3,229,394 100 42,831 1,603,805, 50 60 69,880 100 Calvert Bank 100,000 Viroodburv Co S 13k 50,000 934,678 _ 100,000 10,334 184.290 100 105 110 300.000 53,330 /837.545 100 Canton Nat Bank_ 42 Farmers L& Tr Co Citizens' Nat Bank_ 1,000,000 2,007.907 10,,473,389 10 40 Com&Farm Nat Bk Merged in Nat. Bk. of Baltimo re KANSAS-Nat. bank June 7; Stale institutions latest returns. Commonw'Ith Bank 200,000 116,074 2,708,135 50 Droy&Mech's N Bk 600,000 516,790 6,519.006 100 228 5234 Per share. Farm& Mer Nat Bk 650,000 239,833 3,220,927 40 5334 Kansas City- 586,692 6.800.489 100 14754 Bk 300,000 283,482 5,668,771 100 275 First National Bank 1,000,000 Sommercial Nat Bank 300,000 141,00'3 1,000,399 100 _ 107 Exchange State Bk 100,000 59,420 991,798 100 165 German-Amer 107 German Bk. of Balt 400.000 182,617 1,288,081 100 People's Nat Bank.. 200,000 11,972 717,331 100 95 100 20 _ 27 200,000 15,000 350,000 100 115 120 Maryland Nat Bank 500,000 122,964 2.428,642 Banking Trust Co__ 51,004 890,422 25 Co_ _ _ 125,000 42,361 490,966 100 1.55 165 Mercantile Bank__ _ 100,000 Kansas Trust Nat Bk_ 1,500,000 1.106,76711,925,948 100 180 185 Merchants' 171 Nat Bk of Baltim- 1,210,700 376,740 8,488,041 100 170 Topeka- 500.000 140,365 1.235,170 100 111 Topeka_ _ _ 210,000 323,217 2,121,542 100 250 National City Bank Bank of of Comm'ce 500,000 575,450 3.023,731 15 30 3254 Central National Bk 200,000 55,508 1,824,599 100 151 Nat Bk 163 175 Nat Exchange Bk._ 1,000,000 746.934 4,540,426 100 162 Merchants' Nat Bk_ 100,000 132,660 2,173,202 100 10 60,000 18,923 494,344 100 175 Nat Howard Bank 230,000 125,839 1,313.372 Shawnee State Bk_ 400,000 215.175 2,896,944 30 4254 Trust Co 100,000 32,711 377,997 100 125 Nat Marine Bank__ Prudential Nat Mechanics' Bk. 1,000,000 1,130,900 6.419.558 10 28 29 on shares, par value to he increased. b Capital to he increased. /t Book value. v This is amount paid in •Sale price. a Capital an I surplus date June 30, 1911 e Mar 7 not per cent. Ex-dividend. y Capital paid in; authorized amount is larger. c Figures $100; we quote per share 31 1910. v To consolidate. 1911. 1 Last sale. n Dec. 19 1910. 8July21 1911. 1 Includes debentures. d Dec.

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

Where Names are Printed In italics Fuller Return. ma 'v be Pound in the Adyertisiniz Confirm.

MAR VLAND-(Continued.) M A SS AC H U SETTS-( Con ti it ued.) Surplus Gross Surplus Capital. & Profits. Deposits. Par. Bid. Ask. Gross Capital. & Profits. Deposits. Par. Bid. Ask • Bait. (Con.)- $ $ Per share. Holyoke- $ $ Nat Union Bk onid 1,000,000 648,000 2,817,000 100 1364 $ Per share. Old-Town Nat Bk_ City National Bank 500,000 208,197 1,100,012 100 110 115 200,000 102,214 1,613,714 10 13 Hadley Falls Nat Bk 200,000 160,030 Second Nat Bank_ 500,000 800,120 1,367,430 100 195 921,037 100 140 150 State Bk Mary'd. Holyoke Nat Bank_ 200,000 286,350 1,620,729 100 185 200 of 222,687 73,135 1,638,273 Home Third National Bk. Consolidat Nat Bank__ 250,000 172,783 1,268,534 100 140 145 ed with Na t Bk of Ba ltim ore. Park National Bank 100,000 59,733 Western Nat Bank_ 500,000 583,230 2,761,855 20 40% 722,375 100 100 105 Baltimore Trust Co 1,000,000 2,735,470 5,222,047 50 168 169% Lawrence- Colonial Trust Co_ _ 300,000 Per share. 72,004 771,307 25 28 Bay State Nat Bank 375.000 c133,989 c1,012,029 Continental Tr Co_ _ 1,350,000 2,473,033 4,929,836 100 215 218 75 1213 Fidelity Trust Co_ _ Lawrence Nat Bk 1 Merged in Merchants'Trust Co 1,000,000 890,567 6,838,254 100 222 Merchants' Nat Bkf Maryland TrCo,com 1,000,000 186,589 1,247,011 100 96 Pacific Nat Bank__ 150.000 97,000 Preferred 500,000 1100 116 656,000 100 117 Arlington Trust Co. 200,000 64,01 815,367 100 125 MercantileTr&Dep_ 1,500,000 3,139,671 7,954,175 50 146% Lawrence Safe Dep & Tr Co. _ 600,000 2,229,200 Trust Co. 100,000 2'),596 d653,332 100 100 11,770,876 10Q 437% Merchants' Tr Co__ Union Trust Co_ _ 500,000 176,670 725,286 50 65-g 300,000 161,067 2,276,138 100 150 Lowell- Frederick- Per share. Per share. Central Appleton Nat Bank 300,000 169,000 766,500 100 103 105 Nat Bank 150,000 81,732 607,687 25 35 Old Oltizens' Nat Bank_ 100,000 365,707 3,129,681 Lowell Nat Bk_ 200,000 60,000 544,000 100 1013 100 400 Traders' Nat Bank_ 200,000 102,492 Far 4z Mech Nat Bk 125,000 104,739 1,079,3,6 25 40 2,921,818 100 105 Franklin Union Nat Batik_ __ 350,000 342,367 2,280,371 100 177 __ _ Say Bank. k100,000 3:3,672 344,911 100 115 Wamesit Frederick Co Nat Bk 110,094 562,115 Nat Bank 250.000 95,941 313,308 100 100 103 150.000 15 22 Lowell Trust Co... Fek-Town Say Inst k166.471 1 1,699 1,125,414 100 173 225,100 94,768 1,372,715 100 103 MiddlesexSD&TrCo 100,000 43,439 473,756 100 Lynn- MASSAC USETTS-Na/.bks. ( zc. Boston) June 7; State inst. latest returns Per share. Central Nat Bank__ 200,000 340,790 2,310,052 100 200 Lynn National Bk_ 100,000 251,997 1,289,945 100 300 Manufac's Boston- Aug. Nat Bk_ 200,000 100,904 1,754,661 100 110 Deposits of banks date 26 1911. Per share. National City Bank Atlantic Nat Bank_ 750,000 636,128 5,3,3,000 100 200,000 176,096 1,085,301 100 150 Essex Trust Co.... 250,000 339,716 2,186,703 Boylston Nat Bank 700,000 265,769 3,039,000 100 Lynn 100 215 Commercial S Dep& Tr Co 100,000 267,855 2,457,563 100 250 Nat Bk 250,000 262,780 1,96,000 100 Security Trust Co__ Eliot National Bk. _ 1.000,000 1,344,376 10,549,000 100 200,000 166,887 3,948,772 100 175 First National Bank 3,000,000 6,384,789 64,666,000 100 New Bedford- First Ward Nat Bk_ 200,000 185,562 sl ,327 ,029 100 Per share First National Bank 1,000,000 685,415 1,242,081 100 Fourth Nat Bank.. 1,000,000 887,678 8,4 5,000 100 Mechanics' 139 Merchants' Nat Bk_ 600,000 551,041 1,799,169 100 152 157 Nat Bk_ 3,000,000 3 683,503 11,958,000 100 280 Merchants' Nat Mutual Nat Bank.._ 200,000 9,600 sl ,542,696 Bk_ 1,000,000 1,158,041 2,198,667 100 198 100 N Bed S Dep& TrCo 200,000 Nat Bk of Com'ce_ _ 1.500,000 1,537,166 13,s49,000 100 202,129 1,798,365 100 250 265 N Mkt Bk of Brig_ _ 250,000 213,125 3796,428 100 Peabody- Nat Rock Bk of Rox 300,000 529,410 83,339,322 Per share. 100 Warren Nat Bank_ 200,000 Nat Security Bk._ _ 250,000 865,081 1,783,000 100 116,375 651,240 100 *108 % Per Nat Shawmut Bank 3,500,000 5,790,905 830.09,000 100 407?1,4 Salem- share. Nat Union Bank_ _ _ 1,000,000 1,442,533 10,484,000 100 * 203 No minal prices X Mercantile Nat Bk. 200,000 138,889 1,225,178 100 ____ New Eng Nat Bk.. 200,000 126,027 1,271,000 100 Merchants' *116 Old Boston Nat Bk Nat Bk_ 200.000 259,932 1,560,695 50 83% *85 900,000 350,607 -2,249,000 100 Naumkeag Tr Co_ People's Nat, Roxb 300,000 c213,727 c2 250,000 270,221 2,406,2(18 100 250 ,007 ,914 100 Salem S Dep&Tr Co 200,000 128,601 Second Nat Bank.. 2,000,000 2,923,220 23,108,000 100 1,017,310 100 150 South End Nat Bk. 200.000 c72,547 c993,063 100 State National Springfield- Per share. Bk_ 2,000,000 1,729,974 9,769,000 100 *1763i Chapin Nat Bank__ Web'r&AtlasN't Bk 1,000,000 1 040,775 500,1)00 115,971 1,834,979 100 107 110 4,929,000 100 Chicopee Nat Bank 400,000 416,221 Winthrop Nat Bk_ _ 300,000 558,520 3,•,00,000 100 3,241,022 100 180 190 Springfield Nat Bk_ 500,000 664,060 3,279,123 100 205 212 American Trust Co_ 1,000,000 2 139,463 15,792,610 100 Third Nat Bay State Trust Bank__ 500,000 605,286 3,739,065 100 225 230 Co 500,000 663,087 6,972,576 100 Springfield S D & Tr Beacon Trust Co__ _ 600,000 529,639 8,704,954 500,000 731,982 4,592,829 100 225 230 100 Union Trust Co__ _ _ 500,000 327,339 7,059,693 Boston S Dep& Tr_ 1,000,000 2,861,576 14,550,092 100 100 200 205 Columbia Trust Co_ 100,000 30,701 607,894 100 Taunton- Comm'w'th Tr Co.. 1,000,000 798,755 13,312,994 100 Per share. Bristol Co Nat Bk__ 500,000 82,715 940,728 100 .-___* 103% Dorchester Tr Co.. 200,000 50,341 1,167,087 100 Machinists' Nat Exchange Trust Bk 200,000 147,424 403,032 100 146 Co. 250,000 48,576 1,360,403 100 Taunton Nat Bank_ 600,000 Federal Trust Co.. 1,000,000 403,329 5,873,046 100 203,205 834,687 100 * 105 International Tr Co 1,000,000 4,459,344 12,279,942 100 Worcester- Liberty Trust Co__ 200,000 138,007 Per share. 2,854,345 100 Mechanics' Nat Bk_ 200,000 272,867 Lincoln Trust Co__ 200,000 109,367 1,132,326 100 3,629,234 100 140 Merchants' Nat Bk_ 500,000 452,780 4,013,367 100 185 Mattapan D&Tr Co 100,000 133,247 1,502,580 100 Worcester New Eng Trust Co_ Nat Bk_ 250,000 416,677 4,188,097 100 215 1,000,000 2,629,776 24,491,004 100 Worcester Trust Co Old Colony Tr Co.. a2,500.000 10,948,087 82,281,813 100 1,000,000 562,776 9,830,764 100 215 250 Paul Revere Tr Co. 200,000 30,729 890,764 100 Puritan Trust Co_ 200,000 187,934 2,417,297 100 State St Trust Co_ _ 1.000,000 1,341,884 13,377,421 100 MICHIGAN-Nat. banks June 7; Stale institutions June 7 S Trust Co a200,000 922 273 d5 068 145 100

City- • Beverly- Bay Per share. Per share Bay City Bank__ _ 150,000 189,592 2,327,715 Beverly Nat Bank_ 300,000 298,228 1,304,008 100 100 230 250 151 V, Bay County Say Bk 50,000 54,141 972,975 100 215 230 Commercial Bank.. 100,000 121,150 933,775 100 210 220 National Bank Brockton- First 100,000 190,786 1,058,020 100 235 250 Per share. Old Second Nat Bk 100,000 Brockton Nat Bank 200,000 196,707 2,087,007 124,515 1795,750 100 80 95 100 145 People's Say Bank_ 50,000 36,780 1,093,340 Home Nat Bank _ _ _ 200,000 484,257 2,202,575 100 200 100 150 Plymouth Co SD&T 100,000 29,380 831,152 100 100 Detroit- Per share Cam bridge- Central Say Bank_ 100,000 133,284 3,887,641 100 230 Per share. Detroit Say Bank.. 400,000 Charles Riv Nat Bk 100,000 177,235 952,771 100 781,637 10,001,014 100 250 *220 D c 23'8 Det United Bk Ltd_ 250,000 82,836 2,939,569 100 175 201 Cambridge Trust Co 100,000 225,823 1,429,675 100 *11354 J'e'98 Dime Savings Central Trust Co.. 200,000 Bank a500,000 416,786 9,762,624 100 163 • 180,248 2,598,315 100 First National Bank 2,000,000 Harvard Trust Co.. 200 000 176,343 1,691,530 1,321,437 21,848,41)0 100 175 .•-• 100 *170 J ne'll Germ-Amer Bank.. 250,000 83,753 2,814,273 100 130 Cambri Home Savings Bank al00,000 533,690 0,182,544 100 260 300 B. dge- Per share. Met State Bank__ _ Lechmere Nat Bk__ 100,000 144,089 e 215,000 15,000 99,000 624,930 100 *190 Oct'10 Michigan Say Bank 250,000 228,886 4,123,025 100 210 Nat Bk of Comm'ce Fal; River- 750,000 334,869 8,032,014 100 170 200 Per share Old Detroit Nat Bk 19,014,001 Fall Riv Nat Bk_ _ _ 400,000 234,922 2,000,000 995,826 100 160 1,583,607 100 128 132 Peninsular Say Bk_ a 500,000 276,222 8,837,928 100 160 First National Bank 400,000 483,165 1,080,738 100 200 People's State Bank Massas'it-PocassetN 650,000 1,500,000 1,92(1,233 32,739,847 100 225 ----- 474,317 2,127,168 100 155 Wayne Co Say Bk_ 1,000,000 1,305,764 13,623,71(1 100 225 Metacomet Nat Bk_ 750,000 336,292 1,487,855 100 123% 130 Detroit Trust Co__.. Durfee S Dep & Tr_ 400,000 491,593 a500,000 1,313,010 3,954,410 100 250 N0. 2,427,052 100 190 Security Trust Co_ 500,000 743,906 2,061,676 100 219 Union Trust Co_ .._ _ 500.000 404,847 2,716,762 100 168 Fitchburg- Per share. Fitchburg Nat 250.000 312,744 1,562,920 100 170 175 Grand Rapids- Per share. Safety Fund Nat Bk 200,000 231,574 1,092,937 100 130 135 City Trust & SavI3k Wachusett Nat Bk_ 200,000 42,635 1,107,649 100 250,000 79,344 703,473 100 100 105 Commercial Say Bk 200,000 2,159,143 Fitchb'g SD&TrCo_ 250,000 1,416,215 52,186 100 171 502 100 145 150 Fourth Nat Bank__ 300,000 222,073 3,387,751 100 Gr Rap Nat CityBk 1,000,000 390,937 6,104,112 100 Gloucester- Gr Rapids Say Bk_ Cape Ann Nat Bk.. 150,000 200,000 10:1,155 2,983,225 100 119,757 689,731 100 Kent State B nk 500,000 276,076 6,448,967 100 Cape Ann Say Bk.. 281,083 2 703,389 National City Bk_ City National Bank 150,000 101,627 840,695 Merg ed into G rand Rapt ds N at. Cit y Ilk Gloucester Old National Bank. 800,000 703,069 5,804,494 100 Nat Bk. 200,090 108,221 331,400 100 People's Say Bank_ Glou'ter SD&TrCo_ 20'1,000 100,000 114,535 2,004,672 100 304 463 2,802,955 Michigan Trust Co_ 200,000 454,029 1,108,139 100 Haverhill- Per share. Essey Nat Bank_ _ _ 100,000 66,974 656,580 100 First Saginaw- Per National Bank 200.000 232,718 1,546,605 100 Bank of Saginaw Mare Haverhill Nat Bank 200,000 387,394 1,380,431 100 500,000 756,767 8,172,274 100 225 Merchants' Commercial Nat Bk 100,000 140,947 1,078,160 100 220 Nat Bk_ 200,000 133,441 1,400,934 100 People's Say Bank_ Merrimack Nat Bk_ 240,000 50,000 86,48:3 1,141,701 100 250 264,282 100 Saginaw Co Say Bk Consolld Haverhill Trust Co_ 200,000 79 735 d1,1 52'193 100 ated with Bk of Sagi naw • • • • Second Nat Bank__ 500,000 405,230 4,633,563 100 200 * Sale price. a Capital to be Increased. d Includes sayings deposits. e Capital paid in; authorized amount is larger. k This "Weekly Deposits," now forming capital on which dividends are paid. is the so-called stock. r March x Ex-dividend. it Jan. 10 1910. 1 Last sale. n Apr. 27 1911. v New 25 1911. c March 7 1011. s June 7 1911. t Jul,/ 21 1011.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis SEPT., 1911.1 BANKS AND TRUST COMPANIES. 59 in the Advertising Columns Where Names are Printed in Italics Puller Returns may be Pound MONTANA-Nat. banks June 7; State institutions latest returns. MINNESOT A-Nat. banks June 7: State institutions latest returns. Surplus Gross Gross Profits. Deposits. Par. Bid. Ask. Surplus Capital. & Capital. l&I Profits. Deposits. Par. But. Ask. Per share. Duluth- $ $ 1 Per share. 1,211,939 7,332,413 100 325 Butte- $ 1 Amer Exch Nat Bk. 500,000 First National Bank 200,000; 577,480 4,108,383 500,000 212,424 3,014,117 100 130 City Nat Bank_ _ _ 400 Miners S Bk & TrCo 200,000 20,337 477,122 First National Bank 500,000 1,572,164 0,613,487 100 58,224 1,467,672 100 130 Silver Bow Nat Bk_ 200,000 v17,464 v737,077' Northern Nat Bk.. _ 250,000 Per share. Daly Bank & Tr Co 100,000, 307,874 3,196,067 100 Minneapolis- Per share. 20,127 486,779 100 _ 130 Helena- 1 East Side State Bk_ 100,000 American Nat Bank 200,000 244,890 1,818,641 100 2,000,000 2,393,295 18,086,991 100 275 First National Bank 100 165 Nat Bk of Montana 250,000 162,885 2,449,387 100 German-Amer Bk. _ 200,000 125,716 2,431,327 600,000 100 Metropbli tan Nat B Thos Cruse Say Bk_ 100,000 42,000 Germania Bank_ _ _ Merged in 250 Conrad Tr & Sav Bk 200,000 40,000 750,264, Say B. 100,000 138,520 5,098,951 100 Hennepin Co y 587,894 100 115 Union Bk & Tr Co_ 250,000 318,404 2.271.4911-100 Merch&ManSt'teBk 100,000 29,163 59,427 1,395,096 100 127 latest returns. Metropolit'nNat Bk. y200,000 -- NEBRASKA-Nat. banks June 7; State institutions 3,000,000 2,331,700 23,008,950 100 278 Northwest Nat Bank 100 143- ,incoln- Per share 200,000 90,699 1,736,741 200 St.AnthonyFallsi3k. 80,762 2,385,090 100 120 CU;7 National Bank 250,000 82,6431 1,709,383 ScandinavAmNBk _ 500,000 Fir!3t National Bank 400,000 373,869 3,972,039 100 1,000,000 1,888,719 17,107,930 100 400 425 Security Nat Bank_ 250 Nat: Bk of Comm'ce 200,000 67,567 1,443,370 100 South Side State Ilk 100,000 56,160 750,329 100 100 22,771 673,294 100 115 Fir!it Tr & Say Bk_ 50,000 36,337 616,378 Union State Bank_ 100,000 - 1,000,000 205,599 4,451,829 100 Imaha Minn Loan & TrCo. Per share. Cit 7 Nat Bank... _ 500.000 64,761 2,239,897 100 111 112 St. Paul- 110 Corn Exch Nat Bk 300,000 20,871 1,183,135 100 95 100 American Nat Bk.. 200,000 74,753 1,836,902 100 100 250 275 151,110 4,984,951 100 130 135 Firit National Bank 500,000 885,908 11,215,747 Capital Nat Bank_ _ 500.000 Nat Bk_ 500,000 582,294 6,544,678 100 190 200 1,000,000 1,250,235 9,717,630 100 275 Me'chants First National Bank 221 225 Netnaska Nat Bank 200,000 103,2361 1,791,001 100 115 130 Merchants' Nat Bk. 1,000,000 944,929 8,277,695 100 , 100 175 200 1,027,005 9,884,240 100 223 225 Omoho Nat Bank 1.000,000 601,969 11,7).9,780 Nat Germ-Amer 13k 1,000,000 600,000 749,746 10,809,951 100 285 300 100,000 160,357 1,379,891 100 235 US, National Bank_ Scand'vian Am Bk_ 250 ,outh Omaha- Per share. Bank.. 400,000 434,560 3,334,406 100 235 Second Nat 200 Li e Stock Nat Bk_ 100,000 25,542 1,355,361 100 120 125 Stock Yards Nat 13k 100,000 96,040 1,069,714 100 7,010,504 100 154,717 959,062 100 125 Stock Yards Nat Bk 750,000 473,779 Security Trust Co__ 250,000 Pa ;kers Nat Bank. 200.000 117,919 2,058,718 100 125 140 latest returns. MISSISSIPPI-Nat. banks June 7; State institutions banks June 7. share. NEW HAMPSHIRE-National Jackson- Per Per share 128,000Ia1,130,000 100 Manchester- Capital Nat Bank.. 200,000 a 200,000 339,503 1,970,727 100 100,000 8160,517 8794,414 Amoskeag Nat Bk_ First National Bank First Nat Bank 150,000 152,381 673,967 100 Jackson Bank__ _ _ 100,000 26,748 442,563 a1,648,131 100 119,487 1,097,877 Manchester Nat Bk 150,000 a161,061 Merch Bk & Tr Co_ c350,000 Nat Bk 150,000 v33,669 v617,361 100 In Hands of Receiv er Merchants Miss Bank & Tr Co_ nat. returns Vicksburg- Nomi NEW JERSEY-Nat. banks June 7; State institutions latest 71,447 1,070,970 ------135 American Bk &TIC() 150,000 Camden- Per share 100,000 46,009 263,278 100 Citizens' Nat Bank_ 200 Camden Nat Bank 100,000 122,460 1,798,400 100 City Say & TrustCo 50,000 52,233 813,925 100 Bank 200,000 266,360 2,195,972 100 1161 60,900 492,000 100 First National Delta Tr & Bkg Co_ 100,000 National State Bk 260,000 290,246 3,359,511 50 300,000 165,844 872,904 100 150 First National Bank 375 Camden S D & T Co 100.000 1,062,078 6,742,790 25 Merchants' Nat Bk_ 100,000 303,496 846,488 100 100.000 72,225 831,956 750,000 50 150 Broadway Tr Co _- People's S Bk & L. 50,000 108,000 Central Tr Co 100.000 282,483 1,853,722 25 2,220,230 100 ISSOURI-Nat. banks June 7; State institutions latest returns. Security Trust Co 100,000 163,723 Per share West Jersey Tr Co 100.000 70,171 720,006 Kansas City- Per share. 218,713 100 Elizabeth- All Night & ISay Bk 100,0001 State Bk. 350,000 732,409 3,261,928 50 140 100.000t 30,665 475,076 100 150 National Corn Belt Bank. June 26'11 Union Co Trust Co_ 300,000 371,914 4,035,198 100 280 300 N Bk 250,0001 50,000,Began bus mess Per share Commonw'th 1,405,929 100 160 155 Hoboken- Drovers Nat Bank. 300,000 66,2371 632,397 3,466,309 25 93% 100 1,544,249 26,315,715 100 450 First National Bank 220,000 First National Bank 1,000,000 116 125 Second Nat Bank.. 125 000 277,934 3,392,156 100 375 400 Bk.. 200,000 26,293 1,059,907 100 230 (late City Nat 1,408,684 100 Hoboken Trust Co. 100,000 141,287 1,611,379 100 250 Ger-Amer Bank_ _ _ 100,000 96,113 100 550 1,128,603 7,929,587 100 450 Hudson Trust Co.. 500,000 1,504,484 14.339,730 I nt-St Nat Bk Kan_ 500,000 Co_ 100,000 76,209 922,185 100 160 170 100,000 5,913 323,050 100 105 11 23. Jefferson Trust Mercantile Bank... 100 161 162 Trust Co of N J.... 500,000 875,515 3,873,979 100 390 415 N at Bk of Comm'ce 2,000,000 631,547120,703.378 Per share 86,753 4,209,567 100 140 160 Jersey City- Nat Bk of the Rep_ 500,000 000 26,523 265,705 100 175 500,000 837,599 12,794,357 100 450 Claremont Bank 50 New Eng Nat Bank 131 First National Bank 400,000 1,287,627 7,942,773 100 335 345 ReserveBk 1,200,000 260,006 6,60 .233 100 133 100 385 400 National 675,979 100 150 Hudson Co Nat Bk_ 250,000 n780,000 n3,000,000 Produce Exch Bank 100,000 13,199 d40,0,6 d1,024,826 100 100 105 200,000 75,876 1,120,285 100 135 145 Merchants Nat Bk 200,000 Security Nat Bank. 174% Nat Bank_ _ _ 200.000 t405.996 v2,459,844 100 275 Nat Bk_ 1,000,000 287,860 10,387,136 100 172 Third 290 Southwest 150 163 Bergen &Lafayet.Tr 100,000 137,639 3,010,959 100 ----- Traders' Nat Bank. 200,000 43,693 2,862,917 100 100 350 365 171,449 1,651,027 100 375 Commer'l Tr N J _ _ 1.000,000 2,272,263 11,355,598 Western Exch Bank 100,000 87,239 1,546,992 100 275 300 100.000 36,260 503,443 100 210 Greenv Bk & Tr Co 100,000 Westport Ave.Bank City Tr Co 100,000 124,017 2,149,018 100 210 Union Tr Co 132,260 33,072 98.018 100 125 Jersey 32o 335 Amer 100 169% 171 Lincoln Trust Co.. 150,000 341,290 1,705,121 100 Commerce Tr Co__ - 1,000,000 305,973 8,607.277 1,093,397 100 150 165 1,000,000 1,178,053 7,601,401 100 285 29,1 Mercantile Trust Co 100.000 65,695 Fidelity Trust Co.. T Gu dr Tr Co__ 500,000 1,468,027 4,963,317 100 500 Trust Co.. c267,500 33.$,000 2,300,(,00 100 225 230 NJ 130 Pioneer Per share. Pavonia Trust Co.. 100,000 56,220 688,740 100 125 St. Joseph- 242,645 6,778,555 100 325 200,000 77,763 2,430,860 100 Peoples S D & Tr Co 200,000 Burnes Nat Bank__ Trust Co._ 500.000 146,097 2,303.127 100 100 110 let N Bk of Buchan- Union Per share. 500,000 379,482 3.890,302 100 Morristown- an Co Bank 200,000 354,517 3,318,708 100 1274 -Am Nat Bk 200,000 164,229 4,318,482 100 First National German 100 National Iron Bank 200.000 91,705 1,568,981 100 110 Merchants' Bank_ 200,000 117,697 2,090,287 24,289 103,778 100 1130 - 200,000 100,000 2,000,000 100 American Trust Co 150,000 St Jos Stock Yds Bk Tr Co 600,000 1,461,569 7,350,192 100 455 -Lemon N Bk_ 200,000 181,304 4,011,706 100 Morristown Per share. Tootle 100 Newark- First Trust Co 50,000 5,964 538,648 38,966 1,002,995.1_00 115153 125 100,000 25,630 725,070 100 American Nat Bank 200,000 Missouri Val Tr Co. 200,000 87,104 693,475 155 - Per share. Broad & Market NB St. Louts 240% Essex Co Nat Bank 1,000,000 1,461,174 8,059,058 50 150 155 Boatmen's Bank __ _ 2,000,000 1,620,679 15,076,373 100 100 250 260 2,808,616 100 580 Mfrs' Nat Bank... 350.000 419,449 2,719,149 Bremen Bank 100,000 579,261 713,817 4,276,980 100 260 200,000 13,576 551,624 100 95 100 Merchants Nat Bk. 500.,000 Broadway Nat Bk. 155 1,000,000 1,875,070 8,749,766 195 100,000 57,760 1,178,969 100 160 Nat Newark Bkg Co 99102 120 Cass Ave. Bank... 100 124 126 National State Bk 500,000 513,176 2,193,194 100550 31 Central Nat Bank.. 1,000,000 102,614 9,541,478 3,763,243 57,624 869,915 100 170 North Ward Nat Bk 200,000 355,446 Chippewa Bank_ _ 100,000 2,395,380 12,257,726 .1.1 0.? 0 411740.00 ;08-- 600,000 707,432 5,578,166 100 300 Union Nat Bank.. _ 1,500 000 Franklin Bank.... 100 189 City Trust Co 100,000 85,704 1,243,558 German-Amer Bk.. 1,000,000 659,765 5,652,790 1,388,629 9,838,372 100 465 Clinton Trust Co.. 100,000 33,740 480,526 German Say inst'n. 500,000 1,037,911 5,582,124 220 225 100,000 32,297 895,312 100 140 Federal Trust Co _ _ 1,000,000 Grand Ave. Bank_ 100 325 Fidelity Trust Co 2,000.000 7,871,107 14,416,991 11800 800 Intern'l Bk St Louis 200,000 267,293 2,968,917 200 39,469 1,545,601 100 125 127% Ironbound Tr Co.. 200.000 200,027 2,044,953 100 Jefferson Bank... _ 200,000 59,160 912,589 100,000 982,925 5,051,958 100 900 1100 Newark Trust Co.. 100,000 Lafayette Bank_ _ _ 100 110 112 Roseville Trust Co. 100.000 83,910 597,750 11800 1705 Lowell Bank 100,000 12,061 484,928 100 250 51,563 1,359,732 100 156 West Side Trust Co 200.000 315,767 2,872,323 Manchester Bank_ _ 250,000 300 - Per share. Bk.. 2,000,000 2,877,944 32,036,054 100 - - New Brunswick Mec-Amer Nat Nat Bank of N _ 250,000 422,024 2,887,647 100 260 270 Mercantile Nat Bk. 1,500,000 506,167 5,806,067 100 1,059,380 100 220 230 1,841,170 15,013,866 100 310 Peoples Nat Bank 100,000 168,833 Merch Laclede Nat_ 1 .700,000 100,000 138,407 1,323,775 100 220 230 10,000,000 8,335,027 63,345,134 100 216 New Br'sw'k Tr Co Nat Bk of Comm're. 76 Per Mare Day Bk _ 90,961 22,976 196,667 100 Passaic- Night & 100 2943 Passaic Nat Bank _ _ 200,000 354,290 1.708,169 100 300 Northwest'n Say Bk 200,000 499,786 3,701,937 1,332,383 100 250 151,683 1,596,809 100 245 255 flohart Trust Co_ . _ 100,000 133,293 South'n Com & Say 100,000 200,000 146,324 3,160,754 200,000 271,330 3,536,755 100 375 Passaic T & S D Co r South Side Bank_ _ _ 214;4 Peoples Bk Sr Tr Co 200,000 232,449 2,371,018 1800 2202:0e State National Bk. 2,000,000 752,069 9,585,917 100 share. Bk_ 2,000,000 2,131,66035,668,744 100 328% Paterson- 2690 300 Third National 110 126 130" First National Bank 500.000 677,603 3,064,632 10000 Union Station Bk._ 100,000 32,2.56 492,608 2,417,866 92,192 3,196,800 100 Paterson Nat Bank 300.000 404,020 American Tr Co_ 1,000,000 150.000 270,911 2,88.5,807 50 220 100,000 41,962 746,792 100 155 160 Second Nat Bank _ _ 390 B'way Say Tr Co 100 Paterson Say Inst'n 1,000,000 387,562 12,380,929 100 400 City 'Trust Co 50,000 406 121,311 212,559 1,845,144 100 230 102,400 3,384 245,696 100 105 110 Citizens Trust Co_ 150,000 Commercial Tr Co_ 107% Tr Co. 150,000 320,10 2,217,636 100 315 Tr Co 2,000,000 153,827 4,373,062 100 German Am 100 400 425 CommonwIth ness JulyJZ.113- -8 1911 Hamilton Trust Co. 400,000 365,517 3,994,305 Easton-Taylor TrCo 100,000 10,000 Began bus 359,269 3,554,918 100 335 • 100,000 30,160 688,782 110 125 136 Paterson SD&Tr Co 300,000 Farm &MerchTrCo 120 Co 200,000 181,063 1,638,196 100 200 Tr Co_ 100,000 12,084 443,239 100 110 Silk City SD&Tr Per Jeff.-Gravois 100 345 Trenton- share Mercantile Tr Co_ _ _ 3,000,000 6,647,837122,567,545 250,000 330,838 2,352,534 1OQJ 150 Vat Tr 3,000,000 5,556,073 19,618,074 100 310 Broad St Nat Bank Mississip Co 120 125 Bank 500.000 413,000 3,160,0 0 lOOj 165 Nor St Louis Tr Co_ 100,000 17,269 484 133 100 First National 9581 100 465 475 Mechanics Nat Bk_ 500,000 965,464 4,927,861 55 1 StLouis Union TrCo 5,000,000 6,817,751 26,086,447 567,599 3,248,694 01 12,200 349,221 100 110 Trenton Bankingeo 500.000 Savings Trust Co.. 100,000 100,000 66,696 721,673 100 50,000 5,319. 322,712 100 08- 110 Mercer Trust Co_ _ Vandeventer Tr Co_ Co 200,000 239,664 2,743,645 100 250 West St Louis TrCo 100,000 22,0001 458,181 100 120 125 Trenton Tr&SD amount is larger. g Amount paid in. h Book a Figures of date July 22 1911. b New stock. c Capital paid in, authorized * Sale price. Ex y Capital to be increased d June 30 lull. n July 1 1911. value. k New stock. v These figures date March 7 1911. x -dividend, s Jan. 7 1911 1 Last sale. r To consolidate. sMay 24 1911 1 March 23 1911.

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

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

NEW MEXICO-Nat. banks March 7 1911. NEW YORK-(Continued.) Surplus Gross Capital. de Profits. Deposits. ,Par Bid. Ask. Surplus Gross Capital. it Profits. Deposits. Par. Bid. Ask. Albuquerque- SS I Per share. First National Bank 200,000 57,357 2,826,3231 100 N. Y. City (Con.) Per cent. Harriman Nat Ban's 200,000 229,037 c6,409,000 100 285 Hung. Amer. Bank k200,000 19,600 c363,000 100 NEW YORK-Nat. bks. except N. Y. City June 7; State Inst. June 7. Impor & Trad Nat_ 1,500,000 7,735,607 23,:303,000 100 675 585 International Bank 600,000 122,700 c2,109,600 100 Albany- Per share Irving Nat Exch Bk 2,000,000 1,897,639 26,516,000 100 215 Albany County Bk_ 250,000 117,390 1,062,745 100 205 210 Jefferson Bank__ _ _ 500,000 533,3041 4,120,000 100 145 155 First National Bank 600,000 266,090 8,741,513 100 165 170 Liberty Nat Bank_ 1,000,000 2,717,69919,195,000 100 575 600 Mech'nics & F'rm's 250,000 1,338,761 1,852,675 100 500 Lincoln Nat Bank_ 1,000,000 2,717,79916,1111,000 100 375 425 Nat Commercial Bk. 1,000,000 1,705,087 21,801,600 100 375 385 ManhattanCo,Bk of 2,050,000 4,413,480 39,500 ,000 50 330 350 N Y State Nat Bk.._ 500,000 688,897 18,711,674 100 300 310 MarketecFult Nat B 1,000,000 1,797,4971 8,558,000 100 255 Albany Trust Co_ _ _ 400,000 315,311 7,408,678 100 185 190 Mech&Met'sNat Bk 6,000,000 8,230,070 52,574,000 100 262 267 Union Trust Co.. __ _ 250,000 500,136 3,890,858 100 325 Mercantile Nat Bk_ 3,000,000 2,727,179 11,376,000 100 155 160 Merchants'Ex NatB 600,000 579,600 7,160,000 50 165 170 Auburn- Per share. Merchants' Nat Bk 2,000,000 1,951,787 20,677,000 50 180 185 Cayuga Co Nat Bk_ 200,000 a210,000 a1,300,000 25 Metrop's, Bk of the 1,000,000 2,145,664 12,142,000 100 375 385 Nat Bk of Auburn_ 200.000 117,301 1,185,183 100 Metropolitan Bank. 2,000,000 1,572,334 11,701,000 100 198 205 Auburn Trust Co..- 150,000 176,879 1,701,765 Mount Morris Bank 250,000 339,914 3,445,000 100 250 260 Mutual Bank 200,000 401,801 3,642,000 100 285 295 Binghamton- Per share. Nat Nassau Bank 500,000 564,071 10,993,000 50 300 - City National Bank 200,000 a154,827 o960,376 100 Nat Reserve Bank_ 1,200,000 478,400 c3,411 ,200 100 90 94 First National Bank 400,000 a290,557 a2,928,973 100 New Netherland Bk 200,000 273,279 2,383,000 100 210 220 People's Bank 100,000 66,879 729,139 100 N Y 876,966 County Nat Bk 500,000 1 758,300 8,303,000 100 900 975 Broome Co Tr Co. 200,000 108,564 N YN B A, Bk of. 2,0110,000 3,680,589 18,496,000 100 300 310 Nineteenth Wd Bk_ Merged into Security Bank yBrooklyn-Depo sits of Brno klyn banks are reporte d net and ar e of Northern Bk of N Y In liqui dation. and pro fits are of date July 29 19 11. Surpl us date June 7 Pacific Bank 500,000 936,800 3,562,000 50 270 280 1911 for Nation NandJune 7 for State Banks. Per cent. Park Bank, Nat 5,000,000 12,941,417 88,566,000 47,674 c321,700 100 370 375 Bank of Coney Isl'd 100,000 100 155 People's Bank 200,000 470,940 2,268,000 25 245 Broadway Bank... 200,000 554,037 2,067,000 100 385 400 Phenix Chatha m idation. Nat Bank . Merged in &Phoen ix N at. Bk Brooklyn Bank... _ In volu ntary liqu Plaza Bank 100,000 478,816 3,980,000 100 625 First National Bank 300,000 641,167 2,803,000 100 290 300 Produce Ex Bk N Y 1.000,000 797,380 9,991,000 100 170 175 Hillside Bank 100,000 32,500 c364,900 100 125 Public Bank k200,000 202,603 c7 ,361 ,800 100 Homestead Bank 200,000 65,062 c429,800 100 115 Royal Bank In volun tary liquid ation Manufact's' Nat 13k 252.000 856,730 5,179,000 30 415 430 Seaboard Nat Bank. 1,000,000 2,244,947 26,302,000 100 415 Mechanics' Bank 1,000.000 918,600 12,915,000 50 225 240 Second Nat Bank__ 1,000,000 2,244,937 12,932,000 100,000 72,673 c645,600 1()0 385 400 Montauk Bank_ __ _ 100 150 Security Bank 1,000,000 326,660 11,693,000 100 150 160 Nassau Nat Bank 1,000,000 1,061,301 7,344,000 100 /212 225 Sherman Nat Bank 56,300 c1,481,200 300,000 597,986 200,000 100 135 National City Bank 3,955,000 50 285 300 State Bank. 1,000.000 967,463 19,041.000 100 250 275 North Side Bank 200,000 161,682 2,018,000 100 150 170 Twelfth Ward Bank into Secur ity Bank 200.000 139,800 Merged People's Nat Bank_ c1,398,300 100 158 165 Twenty-third Wditk 200,000 105,817 2,010,000 100 175 Prospect Park Bank 100,000 69,000 c714,800 100 135 142 Union Exch Nat Bk 951,731 9,322,000 100,000 32,700 1,000,000 100 170 180 Ridgewood Nat Bk. c469,600 100 Wasien fits, Bk of. 100,000 291,201 996,000 100 275 Terminal Bank_ __ _ In volu ntary liqu idation. Westchester Av Bk 100,000 50,060 c209,800 100 yBrooklvn Trust Co 1,000,000 2,397,200 20,213,600 100 445 West Side Bank__ 200,000 1,064,000 5,004,000 100 650 Citizens°. Trust Co 500,000 182,642 1,629,414 100 120 130 Yorkville Bank.... 502,289 4,629,000 100 300,000 100,000 500 Flatbush Trust Co_ 298,343 4,500,674 100 200 215 V Astor Trust Co.... 1,250,000 1,043,000 56,365,600 100 350 360 Franklin Trust Co_ 1,000,000 977,429 14,296,019 100 t270 290 rBankers"frust Co k3,000,000 7,501,000 94,062,000 100 695 705 Hamilton Trust Co_ 500,000 1,086,714 7,381,201 100 265 275 Broadway Trust Co 700,000 425,700 4,673,703 100 142% 148 Home Trust Co_ __ _ 750,000 344,383 2,829,861 100 105 115 Carnegie Trust Co_ uidation. Kings Co Trust Co_ 500,000 2,131,743 15,936,436 100 505 Central Trust Co_ _ _ 3,I0,0n1M00 16,224,543 83,272,417 100 1000 1040 Long I Loan & TrCo 1,000,000 2,203,394 8,721,356 100 330 340 Columbia Trust Co_ 1,000,000 1,813,147 16,567,427 100 300 310 Nassau Trust Co... 600,000 435,080 6,180,693 100 155 165 Commercial Tr Co.. 500,000 213,824 4,584,217 1(10 105 People's Trust Co.. 1,000,000 1,727,404 21,118,389 100 295 305 Empire Trust Co__ 1,000,000 1,175,802 19,170,562 100 300 310 Williamsburg Tr Co In volu ntary liqu idation. Equitable Trust Co 3,000,000 11,311,610 44,046,429 100 500 510 Buffalo- Per share. Farmers' L & Tr Co 1,000,000 6,415,039 132923 092 25 1500 Bank of Buffalo 500,000 828,547 8,915,423 100 320 Fidelity Trust Co.. k750,000 1,022,439 7,196,214 100 217% 222% Central Nat Bank 200,000 132,519 1,728,496 100 1.50 175 Fulton Trust Co... 843,327 8,431,896 100 218,560 3,203,489 500,000 300 310 Citizens' Bank 200,000 100 200 Guaranty Trust Co. 5,000,000 22,077,000 144696,600 100 800 815 Columbia Nat Bank 2,000,000 1,053,609 11,467,294 100 225 250 Guardian Trust Co_ 500,000 518,300 3,053,200 100 135 German-Amer Bk 300,000 320 807 5,946,693 100 250 Hudson 710,165 3,608,466 1,466,420 18,333,724 Trust Co _ _ 500,000 100 140 150 Manuf & Traci Nat_ 1,000,000 100 350 400- Knickerbock'r TrCo 3,181,000 5,886,140 38,151,276 100 205 Marine Nat Bank 2,000,000 1,536,760 27,648,984 325 305 100 350 Lawy'sTit In & TCo 4,000,000 6,453,780 17,187,235 100 245 250 Market Bank 100,000 48,179 946,365 100 135 145 Lincoln 582,060 11,220,771 People's 300,000 387,610 5,772,914 Trust Co.. 1,000.000 100 125 132 Bank 100 200 Madison Tr Co.. Merged in Equitable2 Trust18,834,0CIo.6 Third National Bk_ 500,000 139,735 3,637,142 100 120 125 Manhattan Tr Union Stock YdsBk. 200,000 52,684 1,077,915 Co.. 1,000,000 30 390 410 100 110 125 rMercantile Tr Co_ 2,000,000 7,620,013 66,405,064 100 Buffalo L T&S D Co 200,000 80,500 2,996,440 100 120 130 Metropolitan 8,107,364 28,664,333 Commonw'th Tr Co 500,000 502,904 7,316,379 Tr Co 2,000,000 100 470 480 100 190 200 Mutual Alliance Tr_ 700,000 399,563 8,149,098 100 130 140 Fidelity Trust Co 500,000 326,761 9,386,396 100 250 300 1,000,000 4,280,600 39,057,200 Elmira- N Y Life Ins & T Co 1(10 _ 1070 Per share. New York Trust Co 3,000,000 11,183,300 47,258,600 100 690 610 Merchants' Nat Bk_ 100,000 38,827 506,600 100 120 135 Savoy 93,036 1,109,004 Second Nat Bank 300,000 319,769 3,140,490 Trust Co_ _ _ 500,000 100 75 100 225 240 Standard Trust Co_ 1,000,000 1,426,267 19,826,237 100 300 Ghemung Canal TCo 600,000 465,423 4,076,245 100 170 405 180 Title Guar & Tr Co_ 4,375,000 11,429,000 29,664,800 100 480 495 6,583,583 yNew City- Deposits of Trust Co of Amer.. 2,000,000 28,915,166 100 • 375 York N. Y. City banks are repo rted net and Union Tr Co of N Y 1,000,000 8,028,483 58,142,458 are of date Aug. 251911. Surplus on d profits ar e of date 100 1 .30 1260 Ju ne 7, U S Mort dr Tr Co.. 2,000,000 4,446,500 56,365,000 100 495 510 1911 for Nation al andJuni 7 for State Banks. A dend re cord 2,000,000 for comp U S Tr Co of N Y.. 14,225,646 70,349,303 100 1125 1150 banks and trust anies in N ew York Ci y an d Broo klyn Washington Tr Co_ 500,000 1,323,556 9,919,328 may be found in our "Ry. and Ind." Sec., page 171 Per 100 360 375 cent. Windsor Trust Co.. 1,000,000 147,900 4,406,600 100 t 1.9ni Aetna National Bk_ 300,000 309,227 2,242,000 100 180 185 Jamaica, L. I.- America, Bank of.. 1,500,000 6,134,387 27,457,000 100 505 605 Bank of Long isi'd_ 750,000 454,600 5,800,700 Amer Exch Nat Bk. 6 000,000 4,416,367 41,200,000 100 260 100 214 217 270 First Nat Bank _ _ _ 100,000 53,900 818,000 100 Audubon Nat Bk_ In volu ntary liqu idation. Queens Co Trust Co 600,000 168,500 1,003,600 Bank of Europe.. 100,000 56,034 c1,117.700 100 100 110 115 Battery Pk Nat Bk. 200,000 143,803 1,361,000 100 145 155 Bowery Bank 250,000 794,600 3,54(1,000 100 400 415 Rochester- Per share Bronx Borough Bk_ 150,000 67,327 c2,159,100 100 300 Alliance Bank 275,000 320,004 7,157,716 Bronx Nat Bank_ _ _ 200,000 220,988 c940,300 100 225 260 100 190 200 Central Bank 200,000 308,164 5,117,418 100 220 230 Bryant Park Bank_ 200,000 140,861 c1,522,300 100 155 160 247,963 Butch & Drov Nat_ Merchants' Bank _ _ 150,000 3,767,659 100 300,000 156,400 2,245,000 25 138 145 Lincoln Nat Bank_ 1,000,000 1,417,476 12,523,407 100 Century Bank 250,000 127,819 1,503,000 200 205 100 155 Nat Bank of Corn.. 750,000 641,600 8,777,177 100 180 190 Chase National Bk_ 5,000,000 8,440,083 107024 000 100 560 575 Chatham Traders' Nat Bank_ 500,000 527,847 7,439,777 100 180 &Phoenix Fidelity Trust Co.. 267,401 7;268 ,210 Nat Bk 2,250,000 200,000 100 310 1,105,1.90 16,211,000 25 170 175 Genesee Val Tr Co_ 400,000 369.343 7,8.51 ,830 100 180 Chelsea Each Bank. 200,000 197,900 c2,323,900 100 200 Chemical Roch Tr & S Dep Co 500.000 1,117,579 19.480,260 100 375 400 Nat Bank_ 3,000,000 6,641,029 23,898,000 100 445 455 Security Trust Co.. 623,655 12,496,763 Citizens' Cent Nat 2,550,000 20(1.000 100 600 1,697,797 21,421,000 100 160 166 Union Trust Co.... 200,000 230 907 6,037,085 100 160 City Bank, National 25,000,000 34,705,867 192602000 100 435 445 Coal & Iron Nat Bk. 1,000,000 435,021 6,146,000 100 150 160 Colonial Bank 400,000 433,419 7,010,000 100 400 Syracuse- Columbia Bank_ 300,000 796,469 Per share 7,229,000 100 375 400 Commercial Nat Bk 500,000 a309,624 a2,012,716 100 180 190 Commerce, N Bk of 25,000,000 15,161,659 124879000 100 202% 207% First National 5,032,645 Corn Exchange Bk_ 3,000,000 Bank 250,000 843,749 100 405 410 5,557,764 56,725,000 100 315 325 Merchants' Nat Bk. 180,000 a309,090 a1,361,460 100 265 Cosmopolitan Bk_ 100.000 16,094 c387,600 100 280 East Nat Bk of Syracuse 600,000 a322,660 a2,501,103 100 164 166 River Nat Bk_ 250,000 101,389 1,660,000 25 115 120 Salt Springs Nat Bk a1,047,716 Fidelity Bank 200,000 200,000 a86,610 100 135 145 182,191 948,000 100 165 175 Statei3k of Syracuse 100,000 456,227 1,682,717 100 425 Fifth Avenue Bank. 100,000 2,227,263 14,460,000 100 4100 4350 Fifth National Third Nat Bank_ _ _ 300,000 a181.947 ,991,194 100 150 Bk_ 250,000 532,777 3,926,000 100 300 350 Syracuse Trust Co_ 523,075 4,066,703 First National Bank 10,000,000 20,906,714 300,000 100 x290 300 110025 000 100 950 975 Tr&Dep Co of Onon 100,000 887,600 11,599,617 100 Fourth Nat Bank _ _ _ 5,000,000 5 675,267 38,275,000 100 205 208 800 810 Gallatin Nat Bank 1,000,000 2,506,487 0,862,000 50 335 340 Troy- Garfield Nat Bank_ 1,000,000 1,242,420 8,068,000 100 295 305 Per share German-Amer Manufact'rs Nat Bk 150,000 545,605 7,288,312 100 325 Bank 750,000 717,702 4,021,000 75 140 145 National City Ilk__ 280,297 German Exch Bank 200,000 300,000 a2,817,707 100 162 165 888,392 3,638,000 100 485 NatStatenk of Troy 250 000 395,718 2,430,707 100 Germania Bank... 200,000 1 ,041 ,200 6,524,000 100 650 575 200 210 Gotham People's Bank 100,000 113,290 781,504 100 200 210 Nat Bank_ 200,000 110,974 c1,636,700 100 150 155 Union Nat Bank.. Greenwich Bank_ _ _ 300,000 166,720 1,825,354 50 120 125 500,000 874,600 9,076,000 100 240 260 United Nat Bank 240,0(10 423,694 816,614 Hanover Nat Bank_ 3,000,000 12,620,657 75,975,000 100 635 645 100 315 Security Trust CO _ 200 (t00 246,782 2,839,355 100 190 200 Troy Trust Co. -. . 200,000 239,650 2,300 ,666 100 190 200 * Sale price. b Capital and surplus to be increased. d Capital paid in; authorized amount is larger. li Book creased. x Ex-dividend. c June 7 1011, 0 Nov. 10 1010. 1 value. k Cap tal to be in- Last sale. n March 20 1011. v Dec. 24 1910. r To consolidate. a March. 7 1911. y Trust companies' date June 7 1911. 1 New stock. 8 Feb. 28 1911.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis SEPT., 1911.] BANKS AND TRUST COMPANIES. 61

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

NEW YORK-(Concluded.) OHIO-(Concluded.)

Surplus Gross Surplus Gross Capital. cfc Profits. Deposits. Par Bid. Ask. Capital. & Profits. Deposits Par. Bid. Ask. - Utica- S $ $ Per share. Per share First National Bank 1,000,000 1,381,837 4,295,232 60 140 143 People's Say Bk Co. k300,000 248,865 4,817,973 200 Oneida Nat Bank.... 600,000 790,664 1,542,742 100 225 230 United Bk & Say Co 500,000 146,051 5,593,342 100 Second Nat Bank.... 300,000 238,037 1,276,990 100 200 225 Union Nat Bank.. 1,600,000 963,512 13,271,98 100 16'7 1673+6 Utica City Nat Bk_ 1,000,000 248,713 1,702,931 50 45 494 W Cleveland Bkg Co 100,000 7,865 406,2+18 0'...... Citizens Trust Co__ 300,000 269,190 3,914,726 100 225 230 B'way Say & Tr Co. 300,000 416,117 5,152,277 1 Utica Tr & Dep Co.. 400,000 522,327 6,468,299 100 350 401 Citizens'Say&TrCo_ 4,000,000 2,822,070 43,195,005 10 2573i Watertown- Per share. Cleveland Trust Co_ 2,500,000 2,643,117 26,197,495 lOs 212 215 City National Bank 100,000 68,722 607,211 100 160 Forest City S & 250,000 107,654 2,301,380 Jefferson Co Nat Bk 250,000 319,344 1,596,382 100 220 A pprox Guardian Say ez Tr_ 1,000,000 1,653,289 21,762,773 100.....t 254 }Absorbed by Nor'n N Y Trust Co L Sh Bkg & Tr Co _ _ 200,000 79,551 3,815,462 t230 Nat Bk & Loan Co_ 1 National Union Bk f v alue State Bkg & Tr Co.. 500,000 143,727 3.304,292 1100°1 107 110 Watertown Nat Bk 200,000 273,133 1,181,061 100 220 Super'r Say & Tr Co 500,000 874,339 8,917,361 100 Northern N Y Tr Co 400,000 332,864 1,913,376 ____ 200 Union Say & L Co_ 750,000 167,81,3 4(16,964 100 111 114 Westchester Co- Per share. Woodl'd Ay S & Tr. 350,000 389.089 4,082,711 100 200,000 88,570 2,924,632 100 Nom. prices Mt Vernon-let N Per share. Mt Vernon Tr Co 200,000 330,190 3,341,788 100 Columbus- New Rochelle- Capital City Bank_ 100,000 35,529 643,892 100 Nat City Bank__ 200,000 107,273 2,338,197 100 Central Nat Bank_ 200,000 27,948 1,134,170 100 100 106 North Ave Bk__ . 50.000 21,827 242,053 Citizens' Tr & Say.. 700,000 218,490 2,940,662 100 100 105 Huguenot Tr Co_ 150 000 52,200 221 I 39 City National Bank 300,000 89,995 1,616,711 100 125 135 N Rochelle Tr Co 200,000 111,40' 2,466 207 100 Columbus SayBkCo 50,000 60,927 632,600 100 Ossining-lst Nat_ 100,000 58,400 5135,317 100 Columbus S & Tr Co 610,000 22,904 2,159,614 100 65 85 Ossining Nat Bk_ 100,000 48,793 560,092 100 Commercial N Bank 300,000 279,416 3,206,808 100 225 250 Peekskill- Fifth Ave Say Bk.... 25,000 15,36 I 289,150 100 Westch'r Co Nat_ 100,000 303,112 2,763,369 50 Hayden-Clin'n N B. 700,000 397,038 3,901,127 100 225 250 Pleasantville- Huntington Nat Bk 400,000 104,491 1,646,951 100 Mt Pleasant Bk__ 25,000 25,269 568,488 Lincoln Say Bk Co 60,000 1,412 128,567 100 Port Chester-let N. 100,000 185,3(19 767,43e 100 Market Exch Bank.. 100,000 95,215 1,278,32 100 200 210 Mutual Trust Co. 300,000 168,029 1,189,161 100 Nat Bk of Cornm'ce 200,000 63,427 1,351,543 100 135 145 Bye-Rye Nat Bk. 50,000 60,337 637,889 100 New First Nat Bk_ 500,000 326,579 4,442,244 100 250 265 Tarrytown Nat Bk_ 100,000 86,645 1,056 732 100 Ohio National Bank 400.000 374,469 4,973,695 100 265 275 White Plains- People's Bank Co.... 37,600 704 100,936 100 90 100 Citizens' Bank__ 100,000 39,615 459,860 100 Union National Bk 750,000 107,00 2,345,996 100 85% Cent Bk WestcCo 100,000 175,991 794,181 100 West Side DimeSBk 25,000 11,617 329,698 50 120 County Trust Co_ 100,000 147,968 1,704,1124 100 --- Security Say Bk_ _ _ 49.950 6,027 206,963 100 _ First Nat Bank__ 100,000 93,141 981,948 100 State S Bk & Tr Co_ 400,000 115,567 1,521,245 100 135 140 Yonkers-let Nat.....150,000 83,242 2,009,888 100 Capitol Trust Co - - Consolidat ed with S tate Say Bk & Tr Co Yonkers Nat Bank.. 200,000 57,976 644,435 109 Westches'r Tr Co 300,000 244,491 3,337,988 100 Dayton- Per shore. City National Bank 200,000 339,387 1,718,416 100 290 300,000 165 NORTH C A RO L I N A-Nat. bks latest returne. Dayton Nat Bank. 176,994 920,716 100 June 7. State institutions First Say & Bk Co.. 100,000 58,619 890,914 100 145 Charlotte- Fourth Nat Bank. _ 600,000 332,705 1,231,898 100 160 164 Sharlotte Nat Bank 250,000 119,969 1,172,931 100 160 Merchants' Nat Bk_ 200,000 107,184 783,630 100 145 Commercial Nat Bk 500,000 8359,762 1,104,787 100 155 ab-- Teutonia Nat Bank. 200,000 88,279 673,918 100 130 136 First National Bank 300,000 337,050 9 +0,258 100 175 Third Nat Bank_ 400,000 285,657 1,459,731 100 196 200 Mer dr Farm Nat Bk 200,000 6168,700 8959,382 100 177 iio - Winters Nat Bank_ 500,000 291,847 1,059,051 100 __ 175 Union Nat Bank...... 100,000 s25,993 8386,316 100 136 Dayton Say & Tr Co 300,000 255,000 4,190,600 100 185 200 American Trust Co _ 350,000 183,597 1,298,878 100 136 140 Southern L & S Bk_ 50,000 36,575 292,023 100 140 Toledo- Per shame Durham- Corn Say Bk & TrCo 200,000 3,875 1,304,759 100 98 Citizens' Nat Bank_ 100,000 89,237 1,017,959 Dime Say Bank Co_ 115,100 25,1;07 1,474,758 50 12534 128 Fidelity Bank 100,000 404,911 1,623,269 First National Bank 500,000 917,028 3,681,937 100 267i First Nat Bank.... 150,000 8135,517 31,423,178 100 Home Say Bank Co. 250,000 181,981 2,700,271 100 172 Home Say Bank..__ 50,000 16,653 3,10,434 Market Say Bk Co_ 93,469 11,404 548,785 100 108 Merchants' Bank__ 26,150 6,695 139,205 Mechanics' Say Bk_ 50,000 8,129 121,611 100 135 Raleigh- Per share. Merch & S Bk.. 150,000 213,179 1,801,980 100 275 _ . Citizens Nat Bank 300,000 77,160 1,059,691 100 160 Nat Bk of Comm'ce 1,000,000 235,264 7,049,537 100 132 135 Commer'l Nat Ban 300,000 110,127 994,358 100 130 Northern Nat Bank 1,000,000 374,384 3,277,983 100 140 141 Merchants Nat Bk_ 100,000 28,879 1,249,917 100 125 Ohio SayBk& Tr Co 850,000 546,041 6,093,086 100 133 140 Raleigh Bkg&Tr C 100,000 24,927 585,470 100 110 Second Nat Bank__ 1,000,000 1,330,446 7,280,314 100 265 Wilmington- Per share. 2,504,194 100 131% 134 1,164,574 100 Secur'y S Bk&TrCo 250,000 67,179 • American Nat Ban 250,000 41,724 117 'rol Say Bk & Tr Co 300,000 375,096 2,643,073 100 230 Murchison Nat Bk.. 825,00 454,591 3,431,918 100 152 1, Continent'ITr&S Bk 200,000 9,084 978,702 100 Peoples Say Bank__ 65,000 63,100 ,25,665 25 50 Union Says Bank.... 250,000 228,144 1,095,556 100 180 , Southern Nat Bank 200,000 165 329 1,272,923 100 160 AtlanticTr&Bkg Co 50,000 08,317 725,304 100 300 Youngstown- Per share. Wilm Say & Tr Co_ 100,000 200099 1,659,108 50 160 City Savings Bank.. 100,000 29,927 1,158,715 100 145 NORTH DAKOTA-Nat. banks June 7. State inst. Latest returns. Commercial Nat Bk 300,000 178,937 1,903,326 100 162 Fargo- Per share. Dollar Say & Tr Co. 1,500,000 594,650 7,261,513 100 195 ido Commercial Bank__ 50,000 7,941 210,050 100 First National Bank 1,600,000 1,125,356 6,597,635 100 195 200 Fargo National Bk_ 50,000 11,882 211,862 100 Mahoning Nat Bk_ 400,000 318,191 1,391,101 10 185 First National Bank 200,000 213,767 2,088,103 100 Merchants Nat Bk_ 100,000' 63,714 581,889 100 Northern Trust Co.. 100,000 55,821 579,990 100 OHIO-Nat. banks June 7. • State institutions latest returns. OKLAHOMA-Nat. banks June 7; State inst. latest returns. Cincinnati- Per share. Per share Atlas Nat Bank...... 400,000 681,620 3,981,666 100 320 340 Guthrie- Brighton Ger 200,000 Bk of Indian Terey 50,000 3,795 68,176 100 120 Bk Co 313,217 3,390,675 100 300 29,724 663,376 100 180 Citizens' Nat Bank 2,000,000 2,099,481 6,688,382 100 230 235 Guthrie Nat Bank.. 150,000 City Hall Bank.... _ _ 100,000 Gnthrie Say Bank.. 25,000 7,035 300,000 100 125 145,790 1,513,770 100 250 6,014 191,124 100 125 Columbia B & S Co 100,000 232,278 1,172,3(18 10 450 500 Logan County Bank 25,000 Cosmop Bk & S Co.. 250,000 Nat Bk of Commerce 100,000 13,321 467,845 100 160 156,376 1,822,099 50 150 4,000 300,000 100 125 East End Bank...... 50,000 7,847 117,796 100 Oklahoma State Bk 50,000 Fifth-Third Nat Bk.. 3,000,000 1,534,448 17,068,421. 100 230 235 2,243,194 240 McAlester- Per share First National Bank 6,000,000 26,463,756 100 235 39,274 541,229 100 160 Fourth Nat Bank__ 500,000 807,465 3,562,634 100 250 280 Amer Nat Bank__ 100,000 777,179 City Nat Bank.._ _ 50.000 17,375 203,113 100 160 German Nat Bank_ 500,000 5,908,788 100 315 335 100 180 Home Say Bk Co.._ 50,000 6,099 367,077 100 100 110 First Nat B of McAl 100,000 37,000 535,000 Market Nat Bank.... 500,000 495,876 4,445,777 100 250 270 6,827 Muskogee- Per share Metropol B & T Co.. 110,000 679,423 100 74,257 2,362,526 100 180 North Side Bank.... 75,000 43,570 457,220 50 120 Commercial Nat Bk 200,000 22,031 First Nat Bank...... 250,000 145,955 1,968,928 25 185 Pearl St Market Bk 150,000 932,534 100 125 Per share Peoples Bk & SY Co 200,000 19,969 797,980 100 120 Oklahoma City- 626,486 5,625,172 250 American Nat Bank 500,000 69,947 2,231,473 100 160 Prov Say Bk & TCo 1,000,000 10 230 150 Second Nat Bank_ _ 1,000,000 1,143,347 9,008,337 100 245 250 Farmers' Nat Bk__ 100,000 37,674 1,267,751 100 100,000 82,883 1,540 Okla City Nat Bank 500.000 824,70382,626,048 100 165 Secur SB &SD Co 900 100 190 100,000 62,860 1,219,064 100 130 South Ohio L & Tr.. c862,363 47,981 278,054 100 Security Nat Bank.. 48,150 State Exchange Bk 100.000 660 203,391 100 115 Stk Yds Bk & Tr Co 100,000 635,206 100 140 500,000 180 Union S B & Tr Co.. 1,000,000 2,430,617 16,953,922 100 400 500 State National Bk_ 65,547 5,280,763 100 Unity Bkg&Say Co 75,000 43,650 802,730 100 140 Western Nat Bank.. 100,000 35,867 1,271,739 100 185 West EndBk&Tr Co 100,000 25,101 633,887 100 Continental Tr Co.... 500,000 Began bus mess April 11 1 911 Western GermanBk 250,000 665,274 9,501,78)) 100 500 650 Cent Tr & S Dep Co 500,000 744,576 8,754,833 100 300 OREGON-Nat. bank8 June 7; State institutions June 7. Cincinnati Trust Co 1,000,000 886,207 4,730,773 100 170 180 Cleveland- Per share. Bk of Comm'ce N A 2,000,000 1,666,714 14,613,363 100 t219 Portland- Per share. Central Nat Bank._ 1,000,000 744,437 8,420,726 100 169 Amer Bk & Tr Co.._ 150,000 27,713 164,364 Cleveland Nat Bank 500,000 104,776 2,688,118 100 1053i Can Bk of Comtn'ce 300,000 97,910 3,779,738 Clark Ave Say Bank 50,000 6,325 443,191 100 First National Bank 1,500,000 1,018,389 13,355,919 Olev Say Jr Ln Co.... 250,000 88,271 914,721 100 German Amer Bk_ 200,000 r191,712 Columbia Sy & L Co 100,000 61,459 1,257,797 50 Hartm'n&Th'mps'n 100,000 30,784 344,040 Equity Say L Co.... 200,000 77,883 956,762 100 Hibernia Say Bank 200,000 82,009 1,974,877 First Nat Bank _ _ _ 2,500,000 1,419,401 30,247,210 100 198 Ladd & Tilton Bank 1,000,000 732,376 13,766,429 Garfield Say Bk Co_ 100,000 13,1„553 3,525,772 100 t220 Lumbermen's N Bk 1,000,000 83,239 3,581,111 100 Germ-Mn Say B Co 50,000 57,760 1,023,290 50 Merchants' Nat Bk 250,000 115,574 2,991,337 Lincoln Say & Bkg_ c50,000 16,036 663,340 100 Merch Say & Tr Co 150,000 29,683 546,932 Lorain St Say Bk Co 200,000 123,661 1,949,955 50 ScandinavianAmBk 100,000 16,998 664,362 National City Bank 250,000 8343,127 31,647,773 100 Security Say&Tr Co k500,000 535,897 8,132,224 100 Nat Commercial Bk 1,500,00 6985,769 35,043,707 100 170 Un States Nat Bank 1,000,000 916,670 11,186,836 100 Pearl St Say & T Co 200,000 289,173 3,504,677 50 Portland Trust Co_ 300.000 71,756 2.048.654 100 * Sale price. /t Book value. a Capital and surplus to be increased. c Capital stock paid in; authorized amount is larger. k Capital to be Increased, p Amount paid in. x Ex-dividend. y New stock. d These figures date Nov. 10 1910. e Feb. 28 1911. r Jan. 7 1911. n To consolidate. a Mar. 7 1911. t Last sale v Sept. 1 1910. 1 Sept. 23 1910.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis ti2 BANKS AND TRUST COMPANIES. (VOL. L,XXXXIII

Where Names are Printed in italics Puller Returns may be Found in the Advertising Columns Phila.) June 7; PENNSYLVANIA-Nat bks. (exc. State inst. latest ret'ns PENNSYLVANIA-(Continued.)

Surplus Gross Surplus Gross Capital. cfc Profits. Deposits. Par Bid. Ask. Capital. Jc Profits. Deposits. Par. Bid. Act Allegheny- $ Per Bk of Secured Says_ 125,000 138,346 1,147.315 50 127 Philadel.-Con. Bank 350,000 First National 168,768 1,527,339 100 120 140 $ shar. German Nat Bank_ 200,000 918,393 3,r‘09.931 Per 100 550 Girard Trust Co _ _ 2,500,000 9,557,930 34,760,102 100 _ . 1000 Ohio Valley Bank_ _ 100,000 18,207 337,969 100 140 Guar Tr & S Den Co 1,000.000 666,782 5,844,884 too Nat Bank. 300,000 169Y2 Second 670,164 c 1,190 .661 100 375 Haddington T&T Co 125,000 Began bus Mess June 1,19 11 Allegheny Trust Co 700.000 329,174 2,235,808 100 /131 Hamilton 'frust Co. 400,000 144,019 1,325.029 60 60 Dot Say Fund & Tr 1.000,000 1,022,049 3,841,135 100 250 Holmesburg Tr Co 125,000 45.570 Savings 368,883 50 1 55 Manchester Industel Tr TA Say 500,000 886,984 4,915,773 50 Bank & Trust Co 250,000 14034 90,500 705,000 50 115 Independence Tr Co 2.000.000 714.418 2,410,968 50 1 62 Provident Trust Co 150,000 83,906 448,723 100 Integrity 'title Ins Sav&TrCo Real Est 400,000 119.577 1,046,180 100 Tr & Safe Dep Co 500,000 1,039,563 3,596,742 50 196 Work S Bk & Tr Co 100,000 788,267 4,227,933 50 375 Kensington Tr Co al84,240 • 48,679 979.0:34 50 1 60 Allentown- Per glare. Land Title Sr Tr Co_ 2,000,000 3,593,117 7,774,276 100 1 400 Allentown Nat Bk_ 1,000,000 412,846 2,487,016 100 160 125 Logan Trust Co _ _ 500.000 195,724 1,392 303 100 13634 Merchants Nat Bk_ 200,000 204,966 2,089,788 100 225 250 Market St T & TrCo 125.000 79,913 986 011 25 1 33 Second Nat Bank__ 300,000 462,916 2,223,803 100 275 325 5Ianayunk Trust Co 250,000 1,328.473 _ 189,259 25 1 58% Allentown Tr Co_ a150,000 50,460 632,293 30 42 47 Merchants' Un TrCo 1,000.000 300.000 2,227,061 100 125 Citizens Dep&Tr Co 125,000 48,476 609,468 25 41 45 Mortgage Trust Co_ 500,000 398,640 101,630 100 ----- 638% Leh Val T & S D Co al25,000 452,996 1,583,041 60 226 260 Mutual Tr Co _ _ _ a435,670 96.904 633,717 50 50 Altoona- Per share. Northern Trust Co. 500,000 1,503,268 6,6:40.182 First National Bank 100 1 400 150,000 394,809 1,723,668 100 330 350 No Phila Trust Co. 150,000 115,100 1,380,941 50 100 Second Nat Bank . 100,000 125,619 676,546 100 200 210 No Western Tr Co 150.000 177,226 Union Bank 1.780,167 50 1 1328% 125,000 60,485 316,391 100 160 175 Pelham Trust Co.. 150.000 71,396 027,994 100 1 130 Altoona Trust Co__ 250.000 181,141 1,576,117 100 200 210 Penn Co for Insur Central Trust Co_ _ _ a240,500 101,403 977,196 100 200 210 on Lives & Gr An 2,000,000 4,507,344 20,359,061 100 582 Mountain CityTrCo 162,962 61,890 331,942 30 32 35 Penn W'h'g&SD Co 408.350 622,164 272,467 Erie- 50 8634 Per sharp. People's Trust Co 634,450 125,561 1.580,066 50 50 First National Bank 300 000 429,414 2,988,445 100 ----- Phil Mort & Tr Co_ 250,000 169.867 32,696 Marine Nat Bank . 100 15 150,000 455,364 1,472,431 100 Phil Tr S D Sr In Co 1,000,000 4,350,783 9.386,661 100 6603,4 People's Bank 200,000 111,580 710,5,4 .00 Provident Life & Tr 1,000,000 5 072,292 9,876,974 100 818 Second Nat Bank_ _ 300,000 324,131 2,856,021 100 ------Real Est Tr Co. corn a1,403.500 1 334,561 4,652,914 1100 65 Erie Trust Co 200,000 263,530 3,105,942 100 do do pref a2.783.300 1 1100 99 Secur Say & Tr Co_ 200,000 202,899 1,395,939 100 Real Est Ti In 'A Tr 1,000,000 1,138,496 3,797,723 100 260 Harrisburg- Per share Republic Trust Co_ 300,000 114,347 851,741 50 66 Commercial Bank_ _ 110,000 65,777 402,744 50 80 Rittenhouse Tr Co 250,000 62.271 475,151 50 52 East End Bank_ _ 50,000 44,000 510,000 50 100 102 Tacony Trust Co 150,000 169,130 828,007 100 176 First National Bank 100,000 493,706 1,053,397 100 575 600 Tradesmen's Tr Co_ 500,000 223,474 1,421,155 100 1234 Harrisburg Nat Bk_ 300,000 418,724 1,544,315 25 58 60 Trust Co of N A... 1,000,000 382,344 2,835,969 100 111 Mechanics Bank.. _ 100,000 200,000 900,000 Fri irate B ank Union Trust Co.. Merged in Merchants Union T rust Co Merchants Nat Bk_ 100 000 8179,000 8817,450 100 275 280 United Sec L I &T.. 1,000,000 876,349 1,347,994 100 130 Central Trust Co_ 125,000 171,400 641,500 25 65 70 Wayne Junct Tr Co 160,000 72,184 478,726 115 Commonwealth Tr. 250,000 100 350 400 100 498,717 1,323,096 West End Trust Co 1,000,000 1,095,954 4,757,684 60 1128% Dauphin Dep Tr Co 300,000 307,524 2,729,608 100 280 West Phila T&TrCo 500,000 474,379 2,773,463 125 Harrisburg Tr Co _ _ 400,000 447,369 2,579,375 100 200 210 50 Security Trust Co_ _ al25,000 49,709 373,911 25 33 37 Union Trust Co__ _ _ 250,000 122,000 700,000 100 135 Pittsburgh- Nom', Lancaster- Per share price Bk_ Conestoga Nat 200,000 369,460 1,912,969 100 310 312 Allegheny Val Bk _ 50,000 35,896 589,900 50 100 First National Bank 210,000 207,222 367,829 100 225 227 All Nations Dep Bk 75,000 30,695 6431,456 Fulton Nat Bank.. 200,000 222,901 1,649,612 100 210 215 Anchor Say Bank 100,000 384,016 1,525,767 50 330 Lancaster Co N Bk 300,000 378,388 811,343 50 128 130 Arsenal Bank 100,000 169,199 880,796 50 140 Northern Nat Bank 125,000 120,000 90 .,000 100 128 130 Bk of Pittsburgh NA 2,400,000 3,186,912 19,224,686 50 114 116 Peoples Nat Bank_ 200,000 175,334 814,211 100 155 158 City Deposit Bank. 200,000 634.297 3,626,816 50 285 Farmers Trust Co_ 225,000 693,597 1,679,423 50 258 260 Columbia Nat Bank 600,000 888,770 9 928,919 100 Lancaster Trust Co 250,000 858,297 4,643,268 100 500 _ Commercial Nat Bk 300.000 22,355 2,435,564 100 North Tr A Say Co_ 125,000 119,692 952,715 50 92 95 Diamond Nat Bank 600,000 1,620,330 5,474,903 100 300 513- Peoples Trust Co.. a125,000 355,907 2,511,729 50 285 290 Diamond Say Bank 125,000 143,225 1,336,275 100 Union Trust Co.._ _ _ a150,000 150,093 1,011,443 50 108 110 Duquesne Nat Bk 500,000 960,786 5,693,689 100 250 HS Philadelphia- Deposits of banks date Aug. 26 19 11. Per share. Exchange Nat 13k 1,200,000 883,365 5,432,874 50 83 85 t740.989 50 American Bank. _ 184.750 /85,639 70 Farmers' Dep N Bk 6,000.000 2,328,932 25,835,073 100 1173,4 Bank of Commerce_ 172,590 /172,690 t740,609 100 131 Farmers' Dep S Bk 100.000 277,629 4,459,330 100 Bank of No Amer.. 1,000,000 2,674,337 13,7044,000 100 314 Federal Nat Bank_ 1,000.000 1,138,674 4,022,360 100 190 191 Centennial Nat Bk_ 300 000 581,503 3,48.4,000 100 Fifth Avenue Bank 100,000 80,376 737,197 50 80 100 Central Nat Bank.. 1,000,000 3,302,186 17,277.000 100 433 First N 13k of Birm 100,000 212,5,6 791,858 100 300 Corn Exch Nat Bank 1,000,000 1,609,339 23,689,000 100 288% First Nat 13k, Pitts_ 1,000,000 985,301 13,890,036 100 300 315 Eighth Nat Bank_ 275,000 972,601 3,..3,000 100 350 Freehold Bank . 200,000 1,055,267 1,478.091 Nat Bk 2,000,000 1,452,204 14,324,000 100 100 Far de Mech 143 German Nat Bank 500,000 748,946 5,251,571 100 200 First National Bank 1,500,000 1,605,417 25,316,000 100 230 German S & DepBk 200,000 477,441 3,745,096 300 Nat Bank 3,000,000 6,433,972 48,766,000 100 50 Fourth St 301 3 Germania Say Bank 150,000 482,906 7.016.150 100 Franklin Nat Bank. 1,000,000 2,800,561 32,661,000 100 421 Homew'd Peop's Bk 50,000 25,247 459,483 39,483,000 50 Girard Nat Bank... 2,000,000 4,453,998 100 3513,4 Iron&Glass Doi Say 172.700 327,664 1,665.539 100 225 280 Kensington Nat Bk 250,000 325,845 1,474,000 50 100% Keystone Nat Bank 500,000 868,311 3,997,088 250 260 408,897 ,058 100 Manayunk Nat Bk_ 200 000 e2,065 100 260 Liberty Nat Bank 200,000 146.862 1,10:3,467 100 160 Manufact'rs N Bk. 500,000 409,715 1,790,000 100 1268% Liberty Say Bank 100,000 34,290 1,077,974 100 Market St Nat Bank 1,000,000 1,154,414 8,11,6,000 100 174 Lincoln Nat Bank 600,000 880,146 5,163,760 100 200 Merchants Nat Bk_ Conso Udated wit h First N at. Bk. Manufacturers' Bk_ 100,000 173,127 642,619 50 110 NatBk of Germ'nt'n 200,000 559,740 e2,851,949 50 1 148 Marine Nat Bank 300,000 144,101 1.156 485 Lib _ 500,000 923,555 100 120 Nat Bk of No 3,340,000 100 1 252 Mellon National Bk 6,000,000 1,499,548 36,731,415 100 Nat Security Bank_ 250,000 869,772 3,230,000 100 1 350 Metropolitan N Bk 400,000 h348 173 h80:3,122 National Bk_ 300,000 607,703 3,305.000 100 110 Ninth 100 1 254 Monongali'le N Bk 1,000,000 1,851.425 6,230,216 100 280 290 Northern Nat Bank 200,000 215,961 2,352,000 100 1 175 1.4 Nat Bk of West Pa 1,000.000 496,762 4,337,942 160 641,214 3,03,000 _ 100 Northwestern N B 200,000 100 1 3538% Park Bank__ __ 50,000 45,714 736,694 50 Penn National Bk 500 000 1,384,967 5,295,000 50 1 173 Pennsylv'a N Bk 200,000 181,708 806,193 Nat Bk 3,966,616 100 160 Philadelphia 1,500,000 47,992,000 100 ____ 1 4208% Penn Say Bank _ 100,000 50,000 583 000 50 Quaker City Nat I k 500,000 472,231 2,576,000 100 1 120% People's Nat Bank 1,000,000 1,892.870 12,843,725 100 Ridge Ave Bank_ 8150,000 /89,044 1888,016 50 1 66 y, People's Say Bank 1,000.000 1,124,613 9,811,891 100 Second Nat Bank 280,000 560,664 e2,219,860 100 1 250 Pittsb Bk for Say 600.000 450,434 16,057,333 100 800 Sixth Nat Bank_ 150,000 292,925 1,5 0,000 100 1 209 Second Nat Bank.. 1,800,000 2,236,027 15,590,161 100 105 200 Southwark Nat Bk 250 000 147,842 1,947,000 50 713. Third National Bk 500.000 216,909 1,136.841 100 115 118 Southwestern N Bk 200,000 170,773 1482,000 100 1 118 Union Nat Bank_ 600,000 5,171,107 11,338,355 100 850 1000 Tenth Nat Bank_ _ 200 000 131,646 1,087,000 100 1 117% Union Savings Bk 1,000,000 741,467 5,727,385 100 Textile Nat Bank. 8200,000 96,711 1,256,000 100 135 S Nat Bank_ _ _ 500.000 174,832 748.601 100 154- Third Nat Bank_ 600,000 889,611 5,24.3,000 100 256 West Say & Dep Bk 250.000 355,029 1,241,245 100 1163,4 Tradesmens Nat Bk 500,000 815,831 6,050,000 100 ____t 250 Bankers' Trust Co_ 127,350 12,958 50 70 90 Union Nat Bank _ _ 500,000 725,365 7,106,000 100 205 Central Trust Co_ 150,000 59,107 ---;4-63aL 100 Western Nat Bank. 600,000 245,723 4,838,000 100 120 Colonial Trust Co 2,600,000 2,981,260 9,447,261 50 180 Aldine Trust Co.. 200,000 131,881 499,990 100 145 Commonwilth Tr Co 1,600,000 1,508,369 3,401 949 100 16034 Belmont Trust Co. 125,000 9,917 212,487 50 ----- Continental Tr Co 437,800 149,522 247,004 100 Cent Tr & Say Co.. 750,000 477,303 4,087,934 50 79 East End S dr Tr Co 250,000 149,416 1,104,163 100 ----- Chelten Trust Co 200,000 120,610 767,780 50 758% Fidel Title & Tr Co _ 2,000,000 5,527,900 11,283,037 ion 400 i§i"" Colonial Trust Co_ 250,000 272,048 1,300,847 50 101 Franklin Say & Tr_ al92.300 60,483 350,248 50 48 Columbia Ay Tr Co 400,000 450,613 2,259,485 100 1673.4 Guardian Trust Ca 175.400 96,893 372,680 25 Commercial Tr Co_ 1,000,000 2,237,594 10,899,413 100 401 Haziew'd S & Tr Co 165,400 111,404 593,855 100 Com'w'Ith T Ins&T 1,000,000 1,422,164 5,426,049 100 ---- 240 Hill Top Sav&Treo 150,000 64.964 566,373 50 71 Cont Title & Tr Co 500,000 307,887 3,666,001 25 4734 Merch Say & Tr Co 125,000 22,176 196.073 50 40 Empire Title & T Co 156,575 21,013 239,390 25 203.i Metropolitan Tr Co 125.000 24.928 333,926 100 Equitable Trust Co 1,000,000 270,914 3,112,729 100 100 Oakland Sav&Tr CO 200,000 190,605 1,226,710 100 Excelsior Tr & S Fd 300,000 108,150 1,034,764 50 56 People's Trust Co. 250.000 124,782 1,031,579 100 Fairm'nt Say Tr Co 250,000 53,617 841,072 100 119 Pittsburgh Tr Co.. 2,000,000 4,247,742 8.268,826 100 215 Federal Trust Co. 125,500 48,955 482,618 100 125 Potter Title & Tr Co 320,600 43.580 310,399 100 Fidelity Trust Co 2,000,000 10,997,060 24,265,808 100 981 Real Estate Tr Co.. 2,000,000 78.92:80223 77292 2,417 295 100 160 165 Finance Co, 1st Pt a1,659.700 100 115 Safe Dep & Tr Co.. 3,000,000 100 290 2d Pref a1,730,700 )1,972,141 960,112( 100 115 South Hills Tr Co_ 125,000 36,298 469,490 100 First Mtge Guar & South Side Tr Co.. 300,000 104,699 968.217 100 Trust Co 1,000,000 417,910 1,320,509 100 130 Terminal Trust Co 125,000 15,187 134,052 Frankford Tr Co_ 125,000 240,999 2,219,699 50 140 Union Trust Co _ _ 1,500,000 28,229.893 34 601,257 100 2250 2800 Franklin Trust Co. 382,380 118,898 1,017,076 50 60 Washington Tr Co_ 350,000 157,685 1.509,957 Ger-Am T & T Co 100 500,000 340,575 2,008,302 50 848% West End SavB &Tr 125,000 286,557 1,331,323 50 145-- i55.• Germantown Tr Co 600,000 818,318 4,574.396 100 271 Gir'd Av T & Tr Co 200,000 135,334 748,650 50 75

* Bale price. a Capital paid in; authorized amount is larger. S Cap tat to be Increased. c Figures are of date March 7 1911. d To consoli- date. s May 22 1911. v Apr. 261911. x Ex-dividend. h July 11011. 1 Last sale. e June 7 1911. t Apr. 201011.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis SEPT. 1911.1 BANKS AND TRUST COMPANIES.

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

PENNSYLVANIA-(Concluded.) TENNESSEE-Nat. banks June 7; Stale institutions latest returns.

Surplus Gross Ask. Surplus Gross Capital. & Profits. Deposits. Par Bid. Capital. & Profits. Deposits. Par. Bid. As Reading- Per share Chattanooga- $ $ $ Per share. Farmers' Nat Bank 400,020 767,733 1,500,236 30 86 American Nat Bank Merged in First Nat Bank 100 First National Bank 250,000 260,861 696,454 100 142 160 Chattanooga Sayl3k 300,000 193,376 3,022,074 100 Keystone Nat Bank 100.000 224,000 475,816 100 270 Citizens' Nat Bank 300,000 €145,000 e 2,100,000 100 Nat Union Bank.. __ 200100 842,190 1,178,973 25 167 170 First National Bank 750,000 e383,763 e6,501 ,882 100 Neyersink Bank_ _ _ 50,000 27,939 178,747 50 70 323 Hamilton Nat Bank 1,000,000 459,807 3,540,298 100 Penn Nat Bank... 100,000 283,290 1,850,i23 100 315 Hamil,on Tr & SBk 150.000 115,276 1,108,921 100 Reading Nat Bank_ 200,000 380,110 1,289,229 100 250 265 Schuylkill Vail Bk_ 100,000 195,86(1 382,714 50 151 155 833,118 275 285 Knoxville-- Per share Second Nat Bank _ _ 300,000 609,023 100 City National Bank 500.000 132,191 2,503,904 100 ----- Berks Co Trust Co_ 250,000 178,266 1,249,603 10 19s% 20 M East Tenn Nat Bic 400,000 292,163 3,326,342 100 Colonial Trust Co __ 250,000 211,714 793,830 10 16 17 Holston Nat Bank 400.000 e145,269 e 1,220,968 100 Commercial Tr Co_ 125,000 30,654 3553 95 100 90 95 Knox 3,761,016 425 Co Bank & Tr 100.000 8,697 169,335 100 110 Pennsylvania Tr Co 250,000 793,745 100 Knovxille Bk&T Co 150,000 44,407 1,129,312 100 Reading Trust Co.. _ 500,000 424,041 1,021,034 100 198 205 Per share. Mechan's'Bk &Tr Co 385,000 81,224 811,772 100 Scranton- Merchants' Bank _ 100,000 2,000 125,000 100 County Say Bk__ 200,000 540,000 2,940,333 100 455 462 % 465 Third Nat Bank_ _ 200 000 el2C,960 e1,215,177 100 Dime Dep & Dis Bk 100.000 419,769 3,449,920 50 467M Union Bank 100,000 35,320 856,978 100 FidelityDep&DisBk 60,000 136,000 709,611 50 135 142% First National Bank 1,000,000 1,860,207 9,888,322 100 367 377M Memphis- 102M 107M Per share. Keystone Bank... _ _ 50,000 46,863 534,246 50 Bank of Com & Teo 1,500,000 594,600 8,227,279 100 260 265 Merch & Mech Bk_ 250,000 684,017 2,241,239 25 100 102M Central Bk & Tr 60,000 77,195 200 205 Co. 500,000 208,670 2,321,389 100 142 145 North.Scranton Bk 731,200 50 Chickasaw Bk&TCo 25,000 10,235 235,495 100 100 105 People's Nat Bank_ 500,000 279,083 1,829,753 100 168 172 First National Bank 75,000 49,000 109 111 Bank 500,000 594,067 3,689,741 100 265 270 Providence 406 605 50 Germ Say Bk & Tr 25,000 42,094 655,668 100 550 600 Scranton Say Bank 100,000 559,300 2,422,995 100 820 825 Man Say Bank & Bank__ 60.000 53,620 125 130 Tr 100,000 36,029 2,827,967 100 530 600 South Side 630,294 50 Mercantile I3ank_ 200,009 131,339 1,653,402 100 225 230 Third Nat Bank _ _ _ 200,000 1,208,440 3,793,050 100 815* 825 National City Bank Nat Bank_ 500,000 619,527 230 200,000 47,176 717,939 100 125 130 Traders' 2,944,375 100 225 No Memphis Say Bk 50.000 100,000 2,128,689 100 440 460 Union Nat Bank_ __ 500,000 231,771 1,431,831 100 147M 150 People's Say Bk &T Side Bank.. __ 60,000 115,170 175 185 50,000 14,166 375,144 100 200 210 West 999,470 50 Security Bk & TrCo 400,000 38,487 2,483,169 100 115 125 Anthracite Tr Co.. c178,000 50,387 427,912 50 65 68 State Nat Bank . & S D Co.. 250,000 330 250,000 141,607 2,662,462 100 225 230 Lack Tr 400,997 1,239,106 100 325 State Sayings Bank 50,000 50,000 814,911 100 255 265 Wilkes-Barre- Per share. Union St Planters' Anthracite Say Bk_ 200,000 629,399 1,679,051 60 202 204 Bank & Trust Co 1,400,000 227,944 6,117,878 100 175 180 Dime Deposit Bk 200,000 121,1100 530,117 50 105 107 Co National American Tr 200,000 28,513 80,338 First Bank 375,000 533,929 2,132,028 100 275 280 Comm Tr & Say Bk 125,000 125,000 2,380,371 100 305 325 Luzerne Co Nat Bk 400,000 145,786 1,033,141 100 136 138 Trust & Say Bk Ilk U S 100.000 50,000 1,081,989 100 206 21h Miners' Savings 150,000 1,111,209 2,636,694 50 370 410 Nashville- Per share People's Bank... _ 300,000 716,460 1,823,398 100 340 345 American Nat Bank 1,000,000 Nat 831,827 4,879,009 100 155 160 Second Bank. _ 500,000 1,017,785 4,673,451 100 340 345 Broadway Nat Bk 200,000 50,972 718,917 100 135 140 W B Dep & Say Bk 150,000 453,940 2,419,522 50 210 215 Cumberland Val N B 300,000 7,631 1,127,6(12 100 107 109 Wyoming Nat Bank 150,000 732,065 2,566,830 50 325 340 First National Bank 500,000 366,054 5,392,6:35 100 212 217 Wyoming Val Tr Co 350,000 639,624 2,111,367 50 166 169 First Say Bk& TrCo 300,000 35,509 917,179 100 105 107 Williamsport- Per share. Fourth Nat Bank.. 600,000 797,706 6,620,967 100 240 245 First National Bank 300 000 480,147 1,252,290 100 Hermitage Nat Bk_ 300.000 7,667 342,918 100 90 95 Lycoming Nat 13k_ 100,000 r166,515 r4 .7,794 100 Union Bk & Tr Co.. 300,000 152,073 1,691,19 100 160 170 West Branch N Bk_ 300,000 1,084,817 2,719,731 100 ----- Nashville Trust Co.. 350,000 180,540 1,737,847 100 150 160 Williamsp't N Bk._ 100,000 126,210 486,542 100 Real Estate Tr Co. 300,000 Began bu siness May 1 19 11. Susq Tr & S Dep Co c300,000 185,207 1,211,012 50 State Trust Co . _ 100,000 59,227 137,700 100 95 100 York- Per share. Central Nat Bank_ 125,000 4,670 137,389 103 City Bank 250,000 233,487 1,149,727 50 00 TEXAS-Nat. banks June 7; State institutions latest returns. Drov&Mech Nat Bk 100,000 110,765 718,845 100 185 Farmers' Nat Bank 200,000 200,056 493,065 100 175 First National Bank 500,000 85,907 1,523,415 100 92 Austin- Per share. Western Nat Bank. 225,000 106,708 837,285 100 125 American Nat Bank 200,000 369,840 2,234,468 100 York Co Nat Bank. 300,000 476,719 1,577,887 20 53 Austin Nat Bank.... 300,000 376,347 2,082,374 100 York National Bk. 500,000 356,342 1,465,825 25 44M State National Bk_ 100,000 50,000 1,823,095 100 Guardian Trust Co. 250,000 90,078 42 ,906 25 33 Central Bk & Tr Co 100,000 25,700 • 420,000 100 Secur Title & Tr Co 250,000 73,617 568,166 50 50 York Trust Co_ _ _ 296,560 117,263 616,466 50 80 Beaumont- Per share American Nat Bank 100,000 213,277 1,569,6(30 100 RHODE ISLAND-Nat. banks June 7; State institutions latest returns. First National Bank 200,000 328,900 1,549,489 100 Gulf National Bank 150,000 h158,500 h1,615,000 100 Texas Bank & TrCo 250,000 65,074 810,560 100 Ne w port- Per share. Aquidneck Nat Bk_ 102,909 952,68q 50 200,000 Dallas- Per share. Nat Exchange Bk_ 100,000 93,931 380,407 50 Am Exch Nat Bank 1,000,000 1,174,617 9,197,667 100 300 305 New Eng Com'i Bk. 55,000 7,711 50,586 50 City National Bank 1,000,000 1,193,521 7,074,051 100 340 350 Newport Nat Bank 120,000 86,924 324,604 60 Commw'ith Nat Bk 500,000 379,359 3,408,213 100 174 177 Linton Nat Bank_ _ _ 155 250 53,167 70,019 90 First State Bank _ _ . 100,000 18,874 841,115 100 110 115 Newport Trust Co_ 300,000 118,270 1,483,272 100 Nat Bk of Comm'ce 150,000 137,131 1,469,072 100 200 205 Guar State B&TrCo 400,000 49,137 1 ,869,307 100 107 112 Pawtucket- Per share. Dallas Tr Say Bank 300,000 175,895 460,125 100 175 200 Slater Trust Co...... 600,000 1,013,031 8,559,464 100 Fort Worth- Per share. Providence- Per share. American Nat Bk 150,000 167,272 1,019,016 100 210 Atlantic Nat Bank.. k225,000 183,876 2,539,352 50 52M 65 Continental Bk &Tr 500,000 240,925 1,019,423 100 135 145 Blackstone Can Nat 500,000 394,060 1,144,426 25 30 32 Farm&Mech NatBk 300,000 301,585 2,473,061 100 200 High Street Bank... 120,000 120,166 874,362 50 94 First National Bank 1,000.000 360,924 3,204,707 100 125 Mechanics' Nat ilk_ 500,000 272,349 3,073,536 50 58M Ft Worth State Bk_ 100,000 20,000 300,000 100 116 Merchants' Nat Bk. 1,000,000 846,074 7,527,614 50 80 Fort Worth Nat Bk.. 500,000 767,161 3,102,426 100 420 Nat Bank of Com'ce 850,000 689,266 2,624,827 50 65 State Nat Bank_ _ 200,000 407,864 1,157,920 100 250 275 Nat Exchange Bk.. 500,000 945,881 4,984,253 100 255 275 Stockyards Nat Bk. 200,000 65,353 1,150,199 100 140 155 Phenix Nat Bank... 450,000 e673,704 e 1,439,801 60 105 Texas State Bank... 100,000 9,126 351,022 100 122 Providence Nat Bk 500,000 830,996 1,200,836 100 217 Traders' Nat Bank_ 125,000 176,227 443,946 100 275 300 United Nat Bank _ _ 500,000 807,010 3,677,138 100 204 Western Nat•Bank_ 400,000 125,476 2,492,391 100 130 West tninster Bank_ 200,000 93,007 1,433,601 50 62M Industrial Trust Co 3,000,000 3,601,540 42,910,210 100 270 272 Galveston- Per share R I Hospital Tr Co_ 2,500,000 2,602,607 39,474,411 1000 3350 3600 City National Bank 200,000 95,894 2,682,097 100 145 150 Union Trust Co.._ 1,000,000 661,690 5,830,238 100 160 169M First National Bank 300.000 199,208 1.203,874 100 135 140 Galveston Nat Bk.. Consoli dated wit h City Nat lona I Ban k. Woonsocket- Per share Texas Bk & Tr Co _ 200,000 314,300 2,096,806 100 210 Citizens' Nat Bank_ 100,000 e45,431 e184,064 100 National Globe Bk_ 100,000 e43,879 e240,437 25 e21,994 Houston- No minal price National Union 13k_ 150,000 e156,762 50 Commercial Nat Bk 500,000 596,244 4,471,667 100 300 325 Producers' Nat Bk.. 200,000 e157,925 e954,262 20 First National Bank 1 000,000 378,474 7,602,347 100 250 Houston Nat Ex Bk 200,000 129,336 3,191,019 100 285 Lumbeens Nat Bk_ 400,000 237,064 3,358,362 100 171 175 Union Nat Bk.... 1,000,000 348,009 7,662,908 100 195 200 So Texas Nat Bank 500,000 416,694 5,172,376 100 230 260 SOUTH CAROLINA-Nat. banks June 7; State institutions latest returns. Texas Trust Co.... k500,000 379,191 736,538 100 200 225 San Antonio- Per share. Charleston- Per share Alamo Nat Bank _ _ 500,000 186,247 1,959,191 100 175 Bk of Charl'n NBA_ 300,000 514,962 3,268,187 100 250 _ City National Bank 100,000 68,307 613,000 100 200 Carolina Savings Bk 200,000 191,001 2,139,145 100 176 250 Frost National Bk. ' 500,000 38,296 3,352,392 100 Chart Say Instit'n. _ 100,000 93,143 1,217,777 100 400 Lockwood Nat k. 200,000 202,332 1,180,129 100 200 Commercial Say Bk 100.900 24,000 382 000 100 125 Nat Bk of Comm'ce 300,000 403,937 2,121,023 100 250 Dime Sayings Bk _ _ 60,000 51,299 660,000 100 180 San Antonio NatBk 500,000 128,265 2,863,731 100 Enterprise Bank... 50,000 28,1.30 625,491 100 135 Amer Bk & TrustCo 100,000 16,839 407,910 100 100 Exch Ilkg & Tr Co_ 50,000 41,207 517,489 100 130 State Bank & Tr Co 100,000 29,300 897,708 109I 125 First National Bank 200,000 378,671 1,640,700 100 325 West Tex Bk&Treo 100,000 42,234 957,408 100 115 Germania Say Bank 80.000 201,716 3,111 ,662 100 410 Miners' & Nierch Ilk 100,000 20,174 363,160 100 105 Waco- Per share. People's Nat Bank_ 500,000 185,940 2,314,272 100 185 Citizens' Nat Bank.. 250,000 70,000 700,000 100 Security Sayings Bk 50,000 43,093 566,504 100 1 260 First National Bank 300.000 253,393 1,653,835 100 State Savings Bank 30,000 13,700 245,112 100 _. 140 National City Bank 100,000 e18,927 e217,884 100 So Car Loan & TrCo 100,000 36,096 1,408,370 100 145 150 Provident Nat Bk_ 300,000 190,696 1,097,696 100

* Sale price. a Capital and surplus to be increased. c Capital stock paid in; authorized amount is larger. k Capital to be increased. p Amount paid in x Ex-dividend. y New stock. 1 Figures date Feb. 18 1911. h July 7 1911. n Sept. 26 1910. v Sept. 24 1910. s May 23 1911. t March 27 1911. d Last sale. eMar. 7 1911. r May 22 1911.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis 64 BANKS AND TRUST COMPANIES. [VoL. Lxxxxm.

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

UTAH-Nat. banks June 7; State institutions latest returns. WEST VIRGINIA-Nat. banks June 7. State inst. latest returns. Surplus Gross Surplus Surplus Capital. & Profits. Deposits. Par. Bid. Ask. Capital. dc Profits. dc Profits.Par Bid. Ask Wheeling- $ $ $ Per share, Salt Lake City- Per share. Bank of Ohio Valley 175,000 21,439 709,210 70 70 71 Contia.-ntal Nat Bk 241,000 36,637 1,839,889 100 138 139 CentreWheeling Say 25,000 23,714 475,795 100 215 Deseret Nat Bank.. 500,000 602,627 3,003,907 100 290 291 City Bk of Wheeling 150,000 196,122 2,325,217 100 Deseret Say Bank.._ 100,000 38,760 2,488,309 100 849 S50 Commercial Bank__ 100,000 130,699 503,358 100 225 Merchants Bank._ _ _ 150,000 22,962 1,845,507 100 98 100 German Bank p80,000 533,144 2,636,385 100 450 500 McCornick & Co Bk 800,000 207,140 0,574,911 100 249 250 Germania Half-Dol- Nat Bk of Republic 300,000 314,793 3,854,556 100 182 183 lar Savings Bank 50,000 81,92* 949,243 100 207 National Copper 500,000 52,773 1,;15,062 100 124 125 Nat Bank of W Va.. 400,000 192,069 2,523.179 100 155 State Bank of Utah 300,000 281,507 2,247,771 100 257 258 Nat Exchange Bank 500,000 590,893 2,543,285 100 222 225 Utah Corn & Sv Bk 150,000 38,254 388,477 100 57 58 People's Bank 100,000 96,803 629,461 20 37 Utah Nafional Bk_ 200,000 59,9;1 1,587,233 100 141 142 Quarter Sayings Bk 970,210 39,01) 261,01)1) 100 180 Utah Say & Tr Co _ _ 250.000 33,421 1,150,496 100 100 110 South Side Bank__ 26,000 88,915 778.048 50 153 Walker Bros, B'kers 250,000 156,393 2,982,706 100 261 262 Dollar Say Jr Tr Co._ 500,000 659,397 3,500,321 100 230 Zions Say Bk&T Co 600,0 357,092 4,914,344 100 358 359 Security Trust Co__ 9300,000 232,967 970,145 100 183 VERMONT-Nat. banks June 7; State institutions latest returns. WISCONSIN-Nat. banks June 7; State institutions latest returns

Barre- Per share. La Crosse- Per share. Barre S Bk & Tr Co 50,000 43,000 1,720,000 100 120 3atayian Nat Bank 400,000 160,517 2,751,370 100 * 217 Granite SBk & T Co p75.000 14,141 1,362,206 100 Exchange State Bk 25,000 7,761 273,000 100 100 120 Nat Bank of Barre.. 100,000 23,741 985,133 100 120 tat Bk of La Crosse 250,000 415,637 3,038,699 100 300 * 320 Peoples Nat Bank 100,000 17,035 387,366 100 100 iecurity Sayings Bk 30,000 6,529 221,925 100 *117 >tate Ilk of LaCr'se a50,000 64,167 1,091,262 100 Burlington- Per share. Milwaukee- Per share. Howard Nat Bank., 300,000 265,007 968,038 100 3adger State Bank_ 100,000 25,000 800,000 100 103 105 Merchants Nat Bk. 150,000 8158,667 8500,102 40 First National Bank 2,500,000 780,966 18,547,237 100 201 202 Burlington Trust Co g50,000 290,588 2,650,230 100 3erman-Amer Bank 250.000 69,064 2,.,28,9 rl. 100 135 140 lermania Nat Bk__ 300,000 134,796 4,355,674 100 140 145 Montpelier- Per share. darine Nat Bank__ 500,000 615,562 5,410,442 100 223 225 capital S Bk & T Co 100,000 52,103 1,7138,741 100 darshall Jr IlsleyBk 500,000 550,760 9,098,736 100 220 225 First National Bank 100,000 e39,897 e708,497 100 41er Jr Manufac Bk_ 250,000 36,645 1,535,894 100 106 108 Montpelier Nat Bk_ 150,000 e157,189 e934,874 100 Oil Nat Bank of W 460,000 139,242 1.878,495 50 62 65 Montp'r S Bk &TCo 50,000 136,659 3,091,795 100 at Exchange Bk_ _ 500,000 562,789 4,648,931 100 207 210 iecond Ward Sy Bk 1,000,000 382,576 10,636,675 250 350 375 Rutland- Per share. West Side Bank__ 200,000 70,746 1,800,000 100 250 300 Baxter Nat Bank__ 100,000 51,612 241,059 100 112 Wisconsin Nat Bk_ 2,000,000 1,297,614 17,119,170 100 205 208 Clement Nat Bank.. 100,00 236,968 1,111,506 100 2615 235 Fidelity Trust Co__ Merged in First Say. Jr Tr. Co. Killington Nat Bk_ 100,00 65,073 238,002 100 125 First Say & Tr Co 300,000 98,650 1,577,202 100 Rutland Co Nat Bk 100,000 62,126 369,631 100 150 Wisconsin Trust Co 500,000 220,272 1,131,331 100 148 Rutland Trust Co.._ 050,000 90,000 916,000 100 200 WYOMING-National banks June 7 VIRGINIA-Nat. banks June 7; State institutions latest returns. Cheyenne- Per taars. Citizens Nat Bank_ 100,000 24,221 422.944 Lynch burg- First National Bank 100,000 129 247 1,838,162 American Nat Bank 300,000 e425,000 e760,000 100 St'k Growers N Bk.. 100,000 123.594 2,031,261 First National Bank 675,000 e418,978 €2,359,269 100 Wyo Tr Jr Say Bk_ 60,000 10,894 271,568 Lynchburg Nat Bk_ 250,000 e222,533 e 1 ,045,864 100 National Exch Bk_ 250,000 e286,721 e962,275 100 Peoples Nat Bank_ 300,000 e408,070 €1,264,223 CUBA. 1,352,445 Lynchburg Tr & SB 150,000 208,699 Returns are of date Dec. 31 1910. Norfolk- Per share. Bank of Norfolk__ _ 100.000 27,394 343,045 100 125 127 Havana- Per !share. Citizens Bank 300.000 425,854 2,822,887 100 250 280 Nat Bank of Cuba.l 5,000,0001 1,251,781124.422,4831 1001 101 105 Marine Bank 110,000 205.057 611,747 100 260 265 Mercantile Bank.... 100,000 12,229 103,864 100 85 Nat Bk of Comm'ce 1.000.000 738,661 5,100,352 100 173 175 CANADA. Nor Bk for Say&Tr 100,000 259,665 1,691,896 100 450 Returns are all of date July 30 1911. Norfolk Nat Bank.... 1,000,000 720,000 4,462,528 100 174 175 Seaboard Bank _ _ 100,000 26,929 437,039 50 55 57% MANITOBA. Va Bk & Trust Co.... 100,000 29,130 464,718 100 130 Virginia Nat. Bk_ 500,000 112,873 913,698 100 130 Capital Reserve Paul in. Fund. Deposits. Par. Bid. Ask. Petersburg- Per share. Petersb Sy dr Ins Co 200,000 644,043 2,330,728 20 90 Prices are per cent. not per sha re. Nat Bk of Petersb_ 100,000 208,420 1,540,692 100 270 Winnipeg- Per cent. Nat Bank_ 400,000 140,360 1,159,336 100 115 Virginia 125 Northern Crown Bk 92,207.451 150.000 11,686 687 100 Richmond- Per share. NEW BRUNSWICK. American Nat Bank 600,000 395,767 4,097,060 100 180 182 Bank of Corn Jr Tr 250,000 90,269 1,509,480 100 140 St. John- 200.000 Broad-Street Bank _ 128,043 1,530,253 25 62 Bk of New Bruns 892,200 1,593,706 7,551,5761 1001 12855 Commonwealth Bk 300,000 43,935 482,801 100 90 100 First National Bank 1,000,000 1,176,883 7,723,804 100 323 Merchants Nat Ilk. 200,000 1,109,749 6,791,903 100 700 NOVA SCOTIA. Nat Bk of Virginia. 1,200,000 690,776 6,440,409 100 200 201 Nat State & City Bk 1,000,000 683,214 4,396,232 100 186 Halifax- Per cent. Planters Nat Bank_ 300,000 1,351,187 5,445,910 100 750 800 Bk of Nova Scotia_ 3,630,570 6,714,625 42,780,594 100 270 Sayings Bk of Rich.. 200,000 186,362 1,303,894 25 72 75 Union Bk of Rich.... 219,750 500,189 1,436,389 50 300 325 Virginia Trust Co 1,000,000 109,787 1,300,149 100 160 155 ONTARIO. WASH I N GTO N-Nat. banks June 7; State institutions June 7. Hamilton- Per cent. Seattle- Per share, Bank of Hamilton.. 2,792,500 3,063,777 31,437,926 100 x1073.1. 200 lank for Savings.... 400,000 14,933 328,968 100 -- ;anad'n Bk of Corn 200,000 3,921,163 100 Ottawa- Ilitizens' Nat Bk_ 200,0013 27,717 433,489 100 123 12'7- - Bank of Ottawa...._ 3,500,000 3,906,000 32,252,121 100 208 qat Cy Bk of Seattle 500,000 100,1A 4 755,701 100 125 130 )exter,Horton NatB 1,200,000 294,034 10,277,727 100 265 Toronto- • :First National Bank 300,000 71,646 3,529,698 100 225 250 Bank of Toronto..._ 94,000.000 4,750 000 41,288 003 100 200 204 dercantile Bank.. _ _ 100,000 6,298 406,147 100 120 125 Can Bank of Corn.._ 11,183,935 8,947.149 132756514 50 208% 200 detropolitan Bank_ 100,000 67,140 1,257,201 100 225 Dominion Bank__ 4,224,161 5,224 161 50,659.175 60 228 Vat Bk of Commerce 1,000,00 1,128,446 11,504,684 100 320 325 Home Bk of Can..... 91,269,461 425,000 7 996 127 100 ?eoples Say Bank.... 100,000 253,937 1,916,478 100 ---_ Imperial Bk of Can.. 95,837,108 5,837,109 48 500.242 100 225 ican-Amer Bank.... 500,000 630,396 9,346,444 100 232 240 Metropolitan Bank_ 91,000,000 1,250,0001 7,542.062 100 197 ieattle Nat Bank.... 1,000,000 254,364 14,763,130 100 295 310 Standard Bank...... 2,000,000 2,500,000 26,997,055 50 220 itate Bk of Seattle_ al00,000 14,346 2,437,616 100 125 133 Sterling Bk of Can.. 944,840 281,617 4,707,275 100 98 km Sy Bk & Tr Co. 200,000 303,037 2,437,514 100 Traders Bank 94,354,500 2,300,000 38,154,481 100 142 150 forth Bk & Tr Co_ 100,000 21,264 788,724 100 125 130 Jnion Say & Tr Co_ 600,000 239,065 3,264,424 100 130 forthw Tr & S D Co 100,000 15,673 1.075,463 100 QUEBEC. Vashing Tr&Sav Co 400,000 88,820 5,044,313 100 Spokane- Per share. Montreal- Per cent lank of Montreal__ 100,000 18,560 1,001,798 100 ... 314400 000 12,000,000 179 295117 100 465,i 2663( Exchange Nat Bk__ 1,000,000 374,387 4,593,508 100 160 160 Bk of Br Nor Am.... 4,868,668 2,652,333 33 740,039 150 Fidelity Nat Bank., 200,000 54,936 1,520,349 100 150 175 Banqued'Hochelaga 02,500,000 2,500,000 18 061,188 100 170 170 34 q at Bank of Comm 200,000 75,000 659,465 100 110 120 Merch Bank of Can 8,000,000 4,900.000 52 610,258 100 x191 191% )141 National Bank_ 1,000,000 420,448 7,999,656 100 Moison's Bank.._ 94,000,000 4,400,000 33.263.418 100 207 207 Yi lcandinay Amer Bk 100,000 5,349 684,068 100 115 120 Provinc'l Bk of Can p1,000,000 425,000 7,306 056 100 rraders' Nat Bank_ 1,000,000 313.891 5,009,184 100 225 250 Royal Bk of Canada 96,200,000 7,000,000 75,857,023 100 237 239 ipokane&EastTrCo 300,000 354,115 3,817,529 100 235 250 Jnion Tr Jr Say Bk 500,000 85,223 561,424 100 120 135 Quebec- Washington Tr Co.. 200,004 42,293 708,199 100 120 130 Banque Nationale_ 2,000,000 1,300,000 13 503,097 100 123 124 Tacoma- Per share, Quebec Bank 92,500,00» 1,250 lino 11,702 790 100 137 iat Bk of Comm'ce 200,000 435,276 3,834,471 100 300 Union Bank of Can.. 4,675,200 2,737,600 37 258,525 101• xl48 160 ?aciflc Nat Bank.... 300,000 525,826 3,690,163 100 3ankers Trust Co.... 300,000 39,307 994,869 100 125 Sherbrook, -- Pidelity Trust Co...... 500,000 459,298 3,425,329 100 East Townships Bk 3,000,000 2,250,000 18,432,393 100 175 leandinay Amer I'lk 200,000 35,179 1,714,961 100 105 * Sale price. v Par of this bank is .£50. a Capital to be increased. c To consolidate. h Including deposits elsewhere than in Canada. !Morainal. p This is capital paid in; authorized amount is larger. b To consolidate. e March 7 1911. x Ex-dividend. s Jan. 8 1911. r New stock. f Book value. t March 31 1911. d Ex-rights. n Feb. 28 1911.

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