BANK AND QUOTATION SECTION OF THE COMMERCIAL & FINANCIAL CHRONICLE. Copyrighted in 1916, according to Act of Congress, by WILLIAM B. DANA COMPANY, In office of Librarian of Congress, Washington, D. C. VOL. 102.. NEW YORK, MARCH 4 1916 NO. 2645 BANK AND QUOTATION SECTION The Bank and Quotation Section. Issued monthly, Is furnished without extra charge to every annual subscriber of the Commercial and Financial Chronicle. The Railway and Industrial Section, issued three times a year on the last Saturday of February, June and October, is likewise furnished without extra charge to every annual subscriber of the Chronicle. The Railway Earnings Section, issued monthly, containing the sworn returns of earnings and expenses filed each month with the Inter -State Commerce Commission, is also furnished without extra charge to every annual Chronicle subscriber. The Electric Raliwny Section. Issued three times a year. in January. May and September, s likewise furnished without extra charge to every Chronicle subscriber. The State and City Section. issued semi-annually on the last Saturday of May and November. is also furnished without extra charge to every subscriber of the Chronicle. The Bankers' Convention Section, issued yearly, giving the detailed proceedings of the annual convention of the American Bankers' Associa- tion. Is also furnished without extra charge to Chronicle subscribers. Terms for the Chronicle. Including the six Supplements above named. are Ten Dollars per annum within the United States, Thirteen Dollars (which includes postage) in Europe, and $11.50 in Canada. File covers for the Chronicle are sold at 60 cents each; (which includes postage). File covers for Supplements can be had at same price. CHICAGO OFFICE -39 South La Salle St. LONDON OFFICE—Edwards & Smith, 1 Drapers' Gardens, E. 0. WILLIAM B. DANA COMPANY. Publishers, Front. Pine and Depeyster Streets, New York. INDEX TO ADVERTISEMENTS OF BANKS AND TRUST COMPANIES Atlanta, Oa.— Page. Atlanta National Baltimore, Md.— National Bank of Baltimore—. Safe Deposit & Trust Co Birmingham, Ala.— First National Bank Boston, Mass.— National Union Bank 2 Chicago, Ill.— Chicago Savings Bk. az Tr. 00.. 6 Continental & Com'l Nat. Bk- 9 Corn Exchange Nat. Bank 8 First Nat. Bank Of Chicago 7 Live Stock Exchange Nat. Bk. 6 Merchants' Loan & Trust Co 12 National Bank of the Republic- 11 Cincinnati, Ohio— Fifth-Third National Bank— 10 • Cleveland. Ohio— First National Bank 10 Union National Bank 10 Denver. Colo.— First National Bank 7 Detroit. Mich.— First & Old National Bank 3 People's State Bank Port Worth, Texas— Fort Worth National Bank—. 7 Grand Rapids. Mich.— Old National Bank Hartford, Conn.— Hartford-Aetna National Bank 2 Indianapolis, Ind.— Merchants' National Bank__ 10 Jersey City. N. J.— First National Bank Los Angeles. Cal. — Citizens National Bank 12 First National Bank 12 Milwaukee. Wis.— First National Bank Minneapolis. Minn.— First & Security National Bank 11 Northwestern National Bank.... 11 Mobile, Ala.— Page. People's Bank 9 3 Nashville. Tenn. - 4 American National Bank Fourth and First Nat. Bank.. 9 Newark, N. J.— Union National Bank 10 3 New Orleans. La.— Whitney-Central Nat. Bank... 8 New York, N. Y.— Chemical National Bank Coal & Iron National Bank—. Farmers' Loan &Trust 00....... Hanover National Bank Seaboard National Bank 1 1 14 1 1 Norfolk. Va.— Norfolk National Bank a Paterson. N. J.— First National Bank 1 Philadelphia, Pa.— Corn Exchange Nat. Bank..— 5 First National Bank 4 Fourth Street National Bank.. 9 Franklin National Bank 8 Girard National Bank 4 Girard Trust Company 6 Market Street National Bank. 4 Philadelphia National Bank.... 5 Tradesmen's National Bank 4 Pittsburgh. Pa.— Columbia National Bank 5 Providence, R. I.— Merchant.' National Bank.-- 2 2 St. Louis, Mo.— Mechanics'-American Nat. Bk. 7 National Bank of Commerce.... 7 San Francisco, Cal— _ Anglo & London -Paris Nat.Bk 0 The First National I 12 Worcester, Mass.— Merchants National Bank.... 2 REVIEW OF FEBRUARY. Developments growing out of the war in Europe served to produce an unusually tense situation in this country, not unattended by anxiety. Some of these had reference to our own internal policies and the line of conduct we should pursue concerning the course of affairs in Europe, and others had reference to the developments in connection with the war itself. President Wilson had to deal with dis- sensions of views in his Cabinet and dissensions of views between him and Congress. The trouble in the -Cabinet arose out of differing ideas as to the legislative plans for putting the country in a state of military preparedness against future contingencies, and the outcome was the resignation, as a Cabinet Minister, of Secretary of War Lindley M. Garrison. Mr. Garrison named as a further cause of disagree- ment that he could not assent to the principle em- bodied in the Clarke amendment to the Philippine bill providing for the independence of the Philippine Islands within a period of four years. The conflict between the President and Congress had to do with the course of this Government in dealing with a new phase of Germany's submarine warfare. In both gases the manifestation of the disagreement came suddenly and unexpectedly, and the outcropping of inharmonious relations between the President and Congress produced a state of great bewilderment in political circles, and seemed to put in jeopardy for the time being the President's foreign policy. In the area of the war the success attending a new movement by the German military forces against France, particularly against the fortifications at Verdun, also constituted an element of disquietude. The resignation of the Secretary of War came on Feb. 10, and the Assistant Secretary of War, Henry Breckinridge, resigned along with his superior, stating in his letter of withdrawal to the President that he shared without exception the convictions of Mr. Garrison. In his report filed with the House Committee on Military Affairs on Jan. 6, Secretary Garrison had proposed that the army force be sup- plemented by 400,000 men to be raised in annual increments of 133,000 each from districts approxi- mating the 400 Congressional districts, each to sup- ply 333 men annually, the men to enlist for three years with the colors and three years on furlough. "For convenience of designation this force," the Secretary stated, "has been called the Continental Army, but in fact it is a system of Federal volun- teers, raised, organized, equipped and trained in time of peace." The President in his message to Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
Transcript
BANK AND QUOTATIONSECTION
OF THE
COMMERCIAL & FINANCIAL CHRONICLE. Copyrighted in 1916, according to Act of Congress, by WILLIAM B. DANA COMPANY, In office of Librarian of Congress, Washington, D. C.
VOL. 102.. NEW YORK, MARCH 4 1916 NO. 2645
BANK AND QUOTATION SECTIONThe Bank and Quotation Section. Issued monthly, Is furnished
without extra charge to every annual subscriber of the Commercial andFinancial Chronicle.The Railway and Industrial Section, issued three times a year on the
last Saturday of February, June and October, is likewise furnished withoutextra charge to every annual subscriber of the Chronicle.The Railway Earnings Section, issued monthly, containing the sworn
returns of earnings and expenses filed each month with the Inter-StateCommerce Commission, is also furnished without extra charge to everyannual Chronicle subscriber.The Electric Raliwny Section. Issued three times a year. in January.
May and September, s likewise furnished without extra charge to everyChronicle subscriber.The State and City Section. issued semi-annually on the last Saturday
of May and November. is also furnished without extra charge to everysubscriber of the Chronicle.The Bankers' Convention Section, issued yearly, giving the detailed
proceedings of the annual convention of the American Bankers' Associa-tion. Is also furnished without extra charge to Chronicle subscribers.Terms for the Chronicle. Including the six Supplements above named.
are Ten Dollars per annum within the United States, Thirteen Dollars(which includes postage) in Europe, and $11.50 in Canada.
File covers for the Chronicle are sold at 60 cents each; (which includespostage). File covers for Supplements can be had at same price.CHICAGO OFFICE-39 South La Salle St.LONDON OFFICE—Edwards & Smith, 1 Drapers' Gardens, E. 0.
WILLIAM B. DANA COMPANY. Publishers,Front. Pine and Depeyster Streets,
New York.
INDEX
TO ADVERTISEMENTS OF BANKS AND TRUST COMPANIES
Atlanta, Oa.— Page.Atlanta National
Baltimore, Md.—National Bank of Baltimore—.Safe Deposit & Trust Co
Birmingham, Ala.—First National Bank
Boston, Mass.—National Union Bank 2
Chicago, Ill.—Chicago Savings Bk. az Tr. 00.. 6Continental & Com'l Nat. Bk- 9Corn Exchange Nat. Bank 8First Nat. Bank Of Chicago 7Live Stock Exchange Nat. Bk. 6Merchants' Loan & Trust Co 12National Bank of the Republic- 11
Cincinnati, Ohio—Fifth-Third National Bank— 10
•Cleveland. Ohio—
First National Bank 10Union National Bank 10
Denver. Colo.—First National Bank 7
Detroit. Mich.—First & Old National Bank 3People's State Bank
Port Worth, Texas—Fort Worth National Bank—. 7
Grand Rapids. Mich.—Old National Bank
Hartford, Conn.—Hartford-Aetna National Bank 2
Indianapolis, Ind.—Merchants' National Bank__ 10
Jersey City. N. J.—First National Bank
Los Angeles. Cal. —Citizens National Bank 12First National Bank 12
Milwaukee. Wis.—First National Bank
Minneapolis. Minn.—First & Security National Bank 11Northwestern National Bank.... 11
Mobile, Ala.— Page.People's Bank 9
3 Nashville. Tenn.-4 American National Bank
Fourth and First Nat. Bank..
9 Newark, N. J.—Union National Bank
10
3
New Orleans. La.—Whitney-Central Nat. Bank... 8
New York, N. Y.—Chemical National Bank Coal & Iron National Bank—.Farmers' Loan &Trust 00.......Hanover National Bank Seaboard National Bank
111411
Norfolk. Va.—Norfolk National Bank a
Paterson. N. J.—First National Bank 1
Philadelphia, Pa.—Corn Exchange Nat. Bank..— 5First National Bank 4Fourth Street National Bank.. 9Franklin National Bank 8Girard National Bank 4Girard Trust Company 6Market Street National Bank. 4Philadelphia National Bank.... 5Tradesmen's National Bank 4
Pittsburgh. Pa.—Columbia National Bank 5
Providence, R. I.—Merchant.' National Bank.-- 2
2 St. Louis, Mo.—Mechanics'-American Nat. Bk. 7National Bank of Commerce.... 7
San Francisco, Cal—_ Anglo & London-Paris Nat.Bk0 The First National
I12
Worcester, Mass.—Merchants National Bank.... 2
REVIEW OF FEBRUARY.Developments growing out of the war in Europe
served to produce an unusually tense situation inthis country, not unattended by anxiety. Some ofthese had reference to our own internal policies andthe line of conduct we should pursue concerning thecourse of affairs in Europe, and others had referenceto the developments in connection with the waritself. President Wilson had to deal with dis-sensions of views in his Cabinet and dissensions ofviews between him and Congress. The trouble inthe -Cabinet arose out of differing ideas as to thelegislative plans for putting the country in a stateof military preparedness against future contingencies,and the outcome was the resignation, as a CabinetMinister, of Secretary of War Lindley M. Garrison.Mr. Garrison named as a further cause of disagree-ment that he could not assent to the principle em-bodied in the Clarke amendment to the Philippinebill providing for the independence of the PhilippineIslands within a period of four years. The conflictbetween the President and Congress had to do withthe course of this Government in dealing with a newphase of Germany's submarine warfare. In bothgases the manifestation of the disagreement camesuddenly and unexpectedly, and the outcroppingof inharmonious relations between the Presidentand Congress produced a state of great bewildermentin political circles, and seemed to put in jeopardyfor the time being the President's foreign policy.In the area of the war the success attending a newmovement by the German military forces againstFrance, particularly against the fortifications atVerdun, also constituted an element of disquietude.The resignation of the Secretary of War came on
Feb. 10, and the Assistant Secretary of War, HenryBreckinridge, resigned along with his superior,stating in his letter of withdrawal to the Presidentthat he shared without exception the convictionsof Mr. Garrison. In his report filed with the HouseCommittee on Military Affairs on Jan. 6, SecretaryGarrison had proposed that the army force be sup-plemented by 400,000 men to be raised in annualincrements of 133,000 each from districts approxi-mating the 400 Congressional districts, each to sup-ply 333 men annually, the men to enlist for threeyears with the colors and three years on furlough."For convenience of designation this force," theSecretary stated, "has been called the ContinentalArmy, but in fact it is a system of Federal volun-teers, raised, organized, equipped and trained intime of peace." The President in his message to
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
16 MONTHLY REVIEW [voL. 102.
Congress in December had indicated that he was inaccord with the proposed plan, but Mr. Wilson'sreadiness to consider other proposals advocated inCongress was not to the liking of Mr. Garrison,and after endeavoring to persuade the President thathe ought not to tolerate departure from the Secre-tary's plan, Mr. Garrison finally reached the con-clusion that in the circumstances he could notconsistently retain his position in the Cabinet.The correspondence which had passed between the
President and Mr. Garrison preceding the resigna-tion was made public with the announcement of theevent, and from this it appeared that the Secretaryas early as Jan. 12 had written to the President re-garding the matter to indicate that, in his view,reliance upon the State militia as a nucleus of anew military force as proposed in the bills for whichpreference was being shown in the House was whollyunjustified. In this letter he gave it as his judgmentthat the Government was facing a critical juncturewith respect to the military part of the national de-fense program. He said he was convinced that un-less the situation was dealt with promptly and effec-tively no reasonable expectation of any acceptableresult could be indulged in. So far as the militarypart of national defense was concerned, he felt thatthere could be no honest or worthy solution whichdid not result in national forces under the exclusivecontrol and authority of the national Government.Any other solution he deemed "illusory and not real—apparent and not substantial."Mr. Garrison argued that from the beginning of
our Government to the present time, excepting dur-ing period of actual war, the acknowledged weaknessand defect of the situation has been the lack of anysystem producing these Federal forces. The situa-tion was rendered worse, in his view, by the presenceof State troops, raised, officered, trained and governedby the States, that were assumed to be a militaryreliance for the nation when in fact they were notand could never be made to be so. Under the Con-stitution of the United States such State troops mustbe governed, officered and trained by the respectiveStates. He said that he had always felt that thesituation in Congress was such that unless the Presi-dent personally exerted the power of his leadershipit would be impossible to obtain any worthy resultin the matter. Mr. Hay, the Chairman of the HouseMilitary Committee, had now made open declarationof his intentions. He had announced that he didnot intend to press for enactment the military policyadvocated by the Secretary of War and the Admin-istration. Apart from the power that always re-sided in every Chairman of Committee, Mr. Hay hadthe additional power of dealing with a subject con-cerning which the rest of the House had no knowledge,and about which it had never concerned itself. Inthis particular instance his proposal of settling thematter by voting money to the enlisted men and offi-cers of the State troops appealed to the direct per-sonal political interest of the members.In these circumstances it seemed to Mr. Garrison
that unless the President interposed his position asleader of the country, the result would be lamentable.Mr. Hay's proposal to include a draft or compulsoryprovision, so that at the outbreak of war the nationcould bring under its control these State troops, ut-terly failed, he asserted, to meet the essential objec-tions to the perpetuation of the militia system. Thedifficulty to be dealt with did not arise out of theGovernment not being able to take over these troopsin the event of war, but out of its inability under theConstitution to have the essential unity of responsi-bility, authority and control in the raising, officering,training and governing of its military forces.On Jan. 14 President Wilson evidently had a per-
sonal talk with Mr. Garrison in which he advisedrespect for Congress and indicated willingness toharmonize conflicting views. This induced Mr. Gar-rison to write the President again and to declare that
he was ready to withdraw if that would relieve thePresident and the situation. The Presiaent there-upon wrote Mr. Garrison a formal letter; under dateof Jan. 17, in which he said that he was "not irrevo-cably or dogmatically committed to any one plan ofproviding the nation with such a reserve," and was"certainly willing to discuss alternative proposals."The President went on to add:"Any other position on my part would indicate an
attitude toward the Committee on Military Affairsof the House of Representatives which I should inno circumstances feel at liberty to assume. It wouldnever be proper or possible for me to say to any com-mittee of the House of Representatives that so faras my participation in legislation was concerned theywould have to take my plan or none."On Feb. 9 the Secretary of War once more ad-
dressed the President, this time in much more em-phatic fashion. On this occasion also he tookopportunity to declare his opposition to grantingindependence to the Filipinos. He said he con-sidered the principle embodied in the Clarke amend-ment an abandonment of the duty of this countryand a breach of trust toward the Filipinos. Further-more, he regarded reliance upon the militia fornational defense an unjustifiable imperiling of theNation's safety. As he viewed the matter, it wouldnot only be a sham in itself, but its enactment intolaw would prevent, if not destroy, the opportunityto procure measures of real genuine national defense.The occasion for this latest letter was that the Sec-retary of War was obliged to make his position knownimmediately upon each of these questions—in aspeech Feb. 10 upon the national defense questionand in a. communication to the House Committeehaving charge of the Philippine question. If withrespect to either matter the President was not inagreement with him upon these fundamental prin-ciples, then he could not with propriety remain thePresident's seeming representative.Mr. Wilson answered this letter the next day,
counseling patience and saying he was unsparinglydevoting his energy and attention in conference withmembers of the various committees of Congress inan effort to procure an agreement upon a workableand practicable program. The President gave it ashis judgment that the action embodied in the Clarkeamendment to the bill extending further self-govern-ment to the Philippines was unwise at this time, butmanifestly it would be most inadvisable for him totake the position that he must ,dissent from thataction should both Houses of Congress concur in abill embodying the amendment. As to the militarymeasures of preparation for national defense, thePresident was not convinced that this could be ob-tained through the instrumentality of the NationalGuard under Federal control and training, but hefelt in duty bound to keep his mind open to convictionon that side and thought it would be most unwiseand most unfair to the Committee of the House,which had such a plan in hand, to say that it couldnot be done. Mr. Garrison thereupon tendered hisresignation and the President accepted it, since itwas "so evidently your desire that I should do so."With his resignation Mr. Garrison canceled his en-gagement to speak at the convention Feb. 10 of theChamber of Commerce of the United States.As far as the general public was concerned, this
action on the part of the Secretary of War cameas a complete surprise, and the step also proveddisconcerting and embarrasing to the President,since public sentiment seemed to be largely on theside of the Secretary of War. It happened too,that at this time the President's attitude in foreignpolicies came in for sharp criticism on the part ofsome eminent men. Thus at the New York StateRepublican Convention on Feb. 15 ex-SenatorElihu Root, and former Secretary of State, delivereda speech as temporary Chairman made up whollyof aggressive denunciation of the Government's
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
MAU.. 1916,1 MONTHLY REVIEW . 17
policies. Mr. Root declared that "a study of theAdministration's policy toward Europe since July1914 reveals three fundamental errors: First, the lackof foresight to make timely provision for backing upAmerican diplomacy by actual or assured militaryand naval force; second, the forfeiture of the world'srespect for our assertion of rights by pursuing thepolicy of making threats and failing to make themgood; third, a loss of the moral forces of the civilizedworld through failure to truly interpret to the worldthe spirit of the American democracy in its attitudetoward the terrible events which accompanied theearly stages of the war."Mr. Root censured the Administration because it
did not take immediate steps towards mobilizing andincreasing the military armament of the UnitedStates when the war in Europe broke out. He re-ferred to the fact that "little Switzerland instantlymobilized upon her frontier a great army of trainedcitizen soldiers; and sturdy little Holland did thesame." He also attacked the Administration be-cause it did not follow up with action the warningaddressed by our State Department to Germanywhen, after the sinking of the Lusitania, the Govern-ment declared that Germany would be held to "astrict accountability" in the matter if it did notdisavow the act or permitted a repetition of it. Hedeclared that "our diplomacy has lost its authorityand influence because we have been brave in wordsand irresolute in action. Men may say that thewords of our diplomatic notes were justified; men maysay that our inaction was justified; but no man cansay that both our words and our inaction were wiseand creditable." Mr. Root likewise condemnedthe Administration because it did not protest againstthe German invasion of Belgium, and because there-fore (in Mr. Root's view) it publicly acquiesced inthe wrong done by Germany. He went on to add:"We have not been following the path of peace.
We have been blindly stumbling along the road that,continued, will lead to inevitable war."
Later in the month, however, all these matterswere thrown into the background by the develop-ments in connection with the controversy concerningGermany's submarine warfare and the President'suncompromising attitude regarding the right ofAmericans to travel on armed merchant ships. OnFeb. 23 a crisis suddenly developed in the relationsbetween the President and Congress on this questionand caused surprise and consternation. It then ap-peared that sentiment had been crystalizing in Con-gress, and particularly in the House of Representa-tives in favor of warning Americans to keep offarmed merchant ships in view of a declaration madeby Germany and Austria that they would fromFeb. 29 treat armed merchantmen as warships andwould attack such vessels without warnings. Ad-vices as to Germany's and Austria's intentions inthat respect were conveyed to Secretary of StateLansing by Count von Bernstorff, the German Am-bassador, and Baron von Zwiedinik, the AustrianCharge d'Affaires, on Feb. 10. This new aspect ofthe situation served to interrupt the negotiationsbetween the United States and Germany, which thenhad appeared to be approaching a conclusion. OnFeb. 16 Mr. Lansing was quoted as saying that "anysettlement as to the Lusitania case must depend onhow submarine warfare will be conducted in thefuture."
There seemed for a time doubt as to what courseour Government would take with regard to the newpolicy of the two Central Powers, in view of the factthat the previous month our Government hadaddressed a communication to all the belligerentcountries suggesting the desirability of a completedisarmament of merchant ships. In this com-munication the United States is reported to havesaid (the communication itself has not yet beenofficially published) that our Government did notfeel that a belligerent should be deprived of the
proper use of submarines in the invasion of commerce,since those instruments of war had proved theireffectiveness in this practical branch of warfare onthe high seas. It was also pointed out that even amerchant ship car,rying a small calibre gun wouldbe able to use it effectively for offense againsta submarine. It would, therefore, appear to be areasonable and reciprocally just arrangement, itwas argued, if it could be agreed by the opposingbelligerents that submarines should be caused toadhere strictly to the rules of international law inthe matter of stopping and searching merchantvessels, determining their belligerent nationalityand removing the crews and passengers to placesof safety before sinking the vessels as prizes of warand that merchant vessels of belligerent nationalityshould be prohibited from carrying any armamentwhatsoever. Our Government is also reported tohave said it was "impressed with the reasonablenessof the argument that a merchant vessel carryingan armament of any sort, in view of the characterof the submarine warfare and the defensive weak-ness of undersea craft, should be held to be an auxil- •iary cruiser and so treated by a neutral as well asby a belligerent Government and is seriously con-sidering instructing its officials accordingly."The President, however, seems to have aimed
at an entirely voluntary arrangement to which theEntente countries and the Central Powers alikeshould become parties. At all events, it soon be-came apparent that our Government would continueto hold that in the absence of an agreement to thecontrary among the belligerents themselves, mer-chant vessels may be armed for purely defensivepurposes without thereby losing their status asmerchant ships and their immunity from attackwithout warning.The agitation in Congress appears to have been
due to a fear that adherence to the President's policyin that regard might involve the United States inwar with Germany and that the United States couldnot appeal to the public sentiment of the world if itinvited a conflict on such an unsubstantial issue asthe right of an American to travel on the armedships of one of the belligerents. Resolutions urgingAmericans not to take passage on such ships wereintroduced in both Houses of Congress, as the Presi-dent appeared to be very resolute in his purpose touphold the right, and, according to current reports,was prepared even to break off relations with theTeutonic Powers if the right was denied. ThePresident was advised of the contemplated actionby the Democratic leaders, of the two Houses andon Feb. 24 took occasion to define his attitude in aletter to United States Senator William J. Stone,Chairman of the Senate Committee on ForeignRelations. This letter was in reply to a letter whichSenator Stone had addressed to the President on thesame day. In this letter of Senator Stone's, theSenator referred to the conferences that he andSenator Kern• and Representative. Flood, the Chair-man of the House Committee on Foreign Affairs,had had with the President on the night of Feb. 21and asserted he was striving with all his might toprevent anything being done by any Senator orMember calculated to embarrass the President inhis diplomatic negotiations. The letter, however,also contained significant expressions of view fromthe Senator himself, as for instance, the following:"As much and deeply as I would hate to radically
disagree with you, I find it. difficult from my senseof duty and responsibility to consent to plunge thisNation into the vortex of this world war because ofthe unreasonable obstinacy of any of the Powers,upon the one hand, or, on the other hand, of fool-hardiness, amounting to a sort of moral treasonagainst the Republic, of our people recklessly risk-ing their lives on armed belligerent ships. I cannotescape the conviction that such would be so mon-strous as to be indefensible."
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
18 MONTHLY REVIEW [VoL. 102.
The response of the President was prompt and.emphatic. He said the Senator was right in assum-ing that he would do everything in his power to keepthe United States out of war. He had succeededthus far in so doing and hoped to succeed in thefuture. But in any event, the duty of this countrywas clear. "No nation, no group of nations, hasthe right while war is in progress to alter or disregardthe principles which all nations have agreed uponin mitigation of the horrors and sufferings of war,and if the clear rights of American citizens shouldever unhappily be abridged or denied by any suchaction we should, it seems to me, have in honor nochoice as to what our own course should be." ThePresident went on to say :"For my own part, Icannot consent to any abridgement of the rights ofAmerican citizens in any respect. The honor andself-respect of the Nation are involved. We covetpeace and shall preserve it at any cost but the lossof honor. To forbid our people to exercise theirrights for fear we might be called upon to vindicatethem would be a deep humiliation indeed. Itwould be an implicit, all but an explicit, acquiescencein the violation of the rights of mankind everywhereand of whatever nation or allegiance. It wouldbe a deliberate abdication of our hitherto proudposition as spokesmen, even amidst the turmoil ofwar, for the law and the right. It would makeeverything this Government has attempted andeverything that it has achieved during this terriblestruggle of nations meaningless and futile."
This letter seemed to have the effect of modifyingsentiment in considerable measure. At any rate,it appeared easy thereafter for the leaders in thetwo Houses to carry out the President's wishes,which were that no action whatever should be takenby Congress in the matter., but that the Presidentshould be left free to conduct the negotiations withGermany and Austria unhampered by Congressionalinterference in the future as in the past. On Feb. 29,however, the President reversed his attitude in thatregard and completely turned the tables on Con-gress. He addressed a letter to Edward W. P9u,a member of the Committee on Rules of the House,demanding that the Committee allow an early voteon the resolution with regard to travel on armedmerchantmen "in order that there may be affordedan immediate opportunity for public discussion andaction upon them and that all doubts and conjecturesmay be swept away and our foreign relations oncemore cleared of damaging misunderstandings."The report that there are divided counsels in Con-gress in regard to the foreign policy of the Govern-ment, the President stated, was being made indus-trious use of in foreign capitals. The effect of thisbold challenge was that Congress now seemed tobe as anxious to avoid action as the President pre-viously had been. Many members of the two branchesof the Legislature appeared ready enough to passa vote of confidence in the President, but the latterinsisted that that was not what he wanted, but thatthere must be action on the particular resolutionsthat had caused all the trouble.In foreign exchange there were few special features,
but the course of sterling bills was distinctly to-wards a higher level though within very narrowlimits. For most of the month demand bills keptvery close to 4 76. This seemed to be accepted asrepresenting the new par point. In normal timesthe par of exchange is 4 8665 but war conditionshave completely changed the situation, more par-ticularly in adding to insurance charges and trans-portation costs. Sales of American securities onforeign account continued throughout the month,and the British Treasury kept gathering Americansecurities under the mobilization scheme, though noinformation was vouchsafed as to what disposition,if any, was made of the securities thus acquired.Reichmarks displayed strength in the early part ofthe month and this was taken to reflect the result
of the measures employed under the Act of theBundesrath the previous month in creating a mono-poly under the auspices of the Reichsbank in buyingand selling exchange. Later, however, marks againdisplayed weakness, thus showing that the measuresof the German Government were not as efficaciousas had been supposed. Austrian kronen followedmuch the same course as reichsmarks, being at firststrong and then weak. Advices received from Viennaby way of London, reported that Austria-Hungaryhad initiated measures centralizing and regulatingforeign exchange operations on the same lines as thoseadopted by Germany. Banks are required to placeall incoming exchange at the disposal of central insti-tutions while requests for foreign drafts are grantedonly on proof that their purchase is necessary andadvantageous in the general interest.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
51 mt., 1916.1 TRUST COMPANY RETURNS HiThe stock market, after the pronounced weakness
which it displayed in January, did not recover tonein February and in view of the events narrated above,it is not surprising that it did not. In the earlydays of the month there were some sharp recoveries,under which, part of the losses sustained at the closeof January were regained. Thereafter, the marketbecame dull and irregular, but with some erraticfluctuations in the industrial list, in which the pro-fessional traders were at times very active. Formost of the month the railroad shares displayed lessresiliency than the industrial properties, notwith-standing the very satisfactory returns of earningsmade by the rail carriers. The copper stocks dis-played strength throughout the month on the furtheradvance in the price of the metal, but yielded alongwith the rest of the list on occasions when somegeneral event or influence acted to weaken the wholemarket. Prices, however, never had any even orregular tendency, except that at the close they maybe said to have been decidedly weak all around asa result of the news bearing on the submarine con-troversy. with Germany. Comparison of closingquotations Feb. 29 with opening prices Feb. 1,shows the changes to have been very irregularthroughoutithe whole range of stocks.
VOLUME OF BUSINESS ON THE STOCK EXCHANGE.Month of Feb.- 1916. 1915. 1914. 1913.Stock sales-Number of shares_ 12,126,205 4,383,449 6,220,059 6,763,632Par value $1,025,902,910 $380,032,785 $556,109,360 $617,315,100Bond sales (par value)-RR. & misc. bonds $67,889,000 $42,260,500 $64,571,000 $46,012,500U. S. Govt. bonds 28,500 166,000 34,000 137,000State, municipal &
foreign bonds 17,437,500 1,416,000 4,862,000 1,537,500Total bond sales $85,355,000 $43,842,500 $69,467,000 $47,707,000Jan. 1 to Feb. 29-
Stock sales-Number of shares_ 28,083,149 9,459,659 16,308,954 15,512,605Par value S2,453,306,245 $815,567,685 $1,437,734,855 $1,427,102,950Bond sales (par value)-RR. & misc. bonds $168,237,000 $97,056,000 $145,531,500 $98,539,000U. S. Govt. bonds 69,500 238,500 89,000 278,500State, municipal &
In the money market ease remained the dominantfeature, though surplus reserves of the Clearing-Houseinstitutions were heavily reduced.
RATES FOR MONEY IN NEW YORK,,WEEKLY.Week Endini
Call Loam-Stock Exchange-Range for week
-Week's average Time Loans-Sixty days Ninety days Four months Five months Six months
Commercial Paper-Double names-Choice 60 to 90 days Single names-Prime 4 to 6 months
-Good 4 to 6 months
Feb. 4.
14-21A
2A-2Y,'2'%
231-333
3-3343-351
33.
Feb. 11.
1U-2I
253-2,12
231-333
3-3113-351353
Feb. 18.
1U-21 4
23-23,1231
231-3234-3234-3
3-3513-351356
Feb. 25.
1U-21A
254-2k2,1
231-3234-3234-3
3-3113-351334
CONDITION OF THE TRUST COMPANIES OF NEW YORK STATE.We present below comparative statements showing the condition of the trust companies of New YorkState at the date of the last call and of various previous calls since August 1907. We give separately thetotals for the Greater New York and those for the whole State. We also add tables to indicate the changesin deposits for all the separate companies in the different boroughs of this city.AGGREGATE DEPOSITS OF THE SEPARATE TRUST COMPANIES.BOROUGH OF
Knickerbocker d Commercial kCommonw'h (defunct) .Empire h Guardian h Windsor h
Equitable a Bowling GreenMadison a Trust Co. of Anae.r.a_
Farmers' Loan & TrustFidelity Fulton Guaranty c
Fifth Avenue c Morton c Standard c
Hudson Lawyers' Title & T mHome m
Lincoln Metropolitan Mutual Alliance New York Life Ins. &T.Now York Title Guar. & Trust Transatlantic g Union Trust United States Mtg.& T.United States Washington J
1.078.720.812,1 004.996.36.`. 985.843.0771 136.812.90P 1.847.357.405Prior to March 21 1912 these totals do not include deposits of Flatbush Trust of Brooklyn. which was consolidated with Broadway Trust of N. Y.City Mar. 6 1912. Prior to Mar. 19 1915, totals do not include deposits of Home Trust Company of Brooklyn, consolidated with Lawyers' Title & Trusto IN. Y. 0. Feb. 1915. • Not reporting on account of suspension, and not included in total. a Bowling Green consolidated with Equitable Mar. 311009.On Jan. 9 1911 Madison was taken over by Equitable; Trust Co of America was consolidated with Equitable Feb. 26 1912. 6 Title of Savoy Trustchanged from Italian-American Trust Nov. 1909, and on Jan. 22 1912 Savoy was consolidated with Broadway, which also absorbed Flatbush Trust ofBrooklyn March 6 1912. c Fifth Avenue and Morton were consolidated with Guaranty Jan. 27 1910: Standard consolidated with Guaranty Oct. 17 1912.e Banking Department closed Carnegie Trust and assumed charge Jan. 7 1911. d Columbia and Knickerbocker consolidated June 5 1912. 1 Mercantileconsolidated with Bankers Aug. 10 1911. Manhattan was also merged with Bankers March 25 1912. g Transatlantic began business May 22 1912.h Windsor and Guardian absorbed by Empire in March 1913 8 Mutual Alliance took over assets of Reserve National Bank Feb. 1914. The MutualAlliance itself was taken over in Jan. 1915 by the Chatham-Phenix National and branch orrice business absorbed by Century Bank. I Washingtonabsorbed by Corn Exchange Jan. 1914. k Dissolution ordered June 23 1914. m Home of Brooklyn consolidated with Lawyers' Title & Trust Fob. 1915:when the word "Insurance" was eliminated from latter's title.831100011 OF
BROOKLYN- Aug. 22 1907.Dec. 311907.
311,628,3116,489,3557.579.0365,490,952
• 10,120,685
-
rirooklyn e Long Island L. & T.e
Franklin Hamilton Kings County Lafayette
$15,363,6357,055,368
10,929,9606.734,73112,346,3224.344,881
Manufacturers h 1,592,398 1,035,792Nassau 8,290.228 5.329,614People'sWilliamsburg a_
14.946.7028,206.663
13,051.462•
Total II 95,552,272 65,504,952BORO. OF QUEENS-Queens County 1,934.491 1.482.818
1.571.945 1.742.066 1.668.825 1.874.877 1.919.001 2.018.78' 2.272.6646 Prior to March 21 3.912 totals Include deposits of Flatbush Trust of Brooklyn. which was absorbed by Broadway Trust of N. Y. City March 61912, and now appears above under the Borough of Manhattan. Prior to Mar. 19 1915 totals include Home Trust of Brooklyn, consolidated with Law-yers' Title & Trust of N. Y. C. Feb. 1915. * Not reporting on account of suspension. z Formerly Jenkins Trust. a Williamsburg Trust voted todissolve its business in Jan. 1911. d Absorbed the Broadway Bank of Brooklyn July 1912. e Long Island Loan & Trust consolidated with IlmokiveTrust March 1913. Nassau Trust meraed In Mechanics' Bank July 1914. h Citizens' took over business of Manufacturers' National Dee. 1914, analater changed name to Manufacturers' Trust.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
20 TRUST COMPANY RETURNS.[VOL. 102.
TRUST COMPANIES IN THE GREATER NEW YORK.
LIABILITIES.
Capital Surplus and profits, market value___Surplus and profits, book value Unpaid divs., res'ves for tax , int., &c.Pref. Deposits-Due State say banks.Due State say. & loan associations..Trust deposits not payable within30 days
Due as exec., admin., guardian, re-ceiver, trustee, committee, &c
Deposits by the State of N Y Deposits by the Supt. of Banks of
State of New York Other deposits preferred because o
pledge of part of trust co. assets..Deposits preferred because securedby unmatured bonds of the State
Deposits otherwise preferred Due depositors (not preferred) Carts. of dep. on time & dem. (not pf.)Time deposits not payable within 30days, represented by ctfs. (not pf.)
Due trust companies Due banks and bankers
Total of all deposits
Bills payable or borrowed money.Preferred liability as executor, &c____Acceptances of drafts payable at afuture date or authorized by com-mercial letters of credit
Other liabilities
Grand total
RESOURCES.Bonds and mortgages Mortgages owned Lolns secured by bond and mortgage,deed or other real estate collateral
Stock and bond investmentsPublic securities Private securities
Loaned on collaterals Loans, not secured by collateral Bills purchased, not sec. by collateralOther loans and bills purchased Overdrafts Real estate Due from appr. res. depos., less offsetsDue from trust cos., banks and bank-
ers, not included in preceding itemsSpecie U. S. legal-tenders and bank notes Federal Reserve notes Bills and checks for the next day'sexchange and other cash items
Customers' liability on acceptancesInvestments held as executor, &c Other assets
si 2n (MR IR SRO n4A A42 1 449 272 R7(11 241_772.412 1.4f17_1no.122 1.365.560.157 1.A17.224 ORA 2.977 ir.iii R22
NOt8.-Schedules have been changed several times since the date first named in the above comparison We show for each date the exact design -
Won employed, leaving blank spaces against the old items which no longer appear in the schedules. *Including $917.957 of rediscounts.
TRUST COMPANIES FOR WHOLE STATE OF NEW YORK.
LIABILITIES.
Capital Surplus and profits, market valueSurplus and profits, book value Unpd. diva., res. for taxes, int., &c..Pref. deposits-Due State say. banksDue State say. & loan associations_Trust deposits not payable within30 days
Due as exec't, admin., guard., re-ceiver, trustee, committee, &c
Deposits by the State of N Y Deposits by the Supt. of Banks o
State of New York Other deposits pref'd because o
pledge of part of trust co. assets..Deposits pref'd because secured byunmatured bonds of the State_
Deposits otherwise preferred Deposits subject to check (not pref.) _OtIs. of dep., time&dem'd (nor pref.)Time deposits not payable within 30days, represented by ctfs. (not pf.)
Due trust companies Due banks and bankers
Total of all deposits
Bills payable or borrowed money..Prof. liability as executor, &c Re-discounts Acceptances of drafts payable at afuture date or authorizd by com-mercial letters of credit
Other liabilities Add for cents
Grand total
RESOURCES.Bonds and mortgages Mortgages owned Loans secured by bond and mortgagedeed or other real estate collateral_
Stock and bond investments Public securities Private securities
Loaned on collaterals Loans not secured by collateral Bills purchased, not sec. by other coll.Other loans, including bills purchasedOverdrafts Real estate Due from approved reserve deposi-
tories, less offsets Due from trust co's, banks & bankersnot included in preceding item
ilpec I e U. S. legal tenders and bank notes Federal reserve notes Bills and checks for next day's ex-changes and other cash items
Invebtments as executor, &c Customers' liability on acceptancesOther assets Add for cents
1.363.966.143 1.012.747.930Grand total Note.-Schedules have been changed several times since the da
te first named in the above comparison. We show for each date the exact desixua-
$ WI employed, leaving blank spaces against the old Items which no longer appear in the schedules.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
21
NEW YORK STOCK EXCHANGEMONTHLY AND YEARLY RECORD
The following tables furnish a complete record of the Now York Stock Exchange transactions for the past month andthe year 1916. They need no extended introduction, as they are self-explanatory. The tables embrace every security(excepting only State bonds) dealt in on the Exchange. We give bonds first, using the classification adopted in the officiallist. The black-faced letters in the column headed "Interest Period" indicate in each case the month when the bonds matureIn accordance with the rule adopted by the New York Stock Exchange in 1909, all quotations for interest-payingbonds are at a price to which accrued interest must be added. The exceptions to the rule are income bonds and bondson which interest is in default. This method of quoting bonds became effective January 2 1909.
igrFor foot-notes to tables Bee last page of bonds and last page of stocks.
BONDS-PRICES AND SALES FOR FEBRUARY AND THE YEAR TO DATE.
Anglo-French 5-year 55 Argentine-Internal 5s of 1909M- SImperial Chinese Govt-Hukuang Ry sterling 58_1951 J -D
Rep of Cuba 58 ext debt... 1904M- S58 ext debt ser A of 1914 1949.P - A4148 external loan 19491F - A
Imp Japanese Gov- £ 43/as 1925 F - A2(1 series 414s 1925 .1 - Jdo German stamp
Sterling loan 45 1931S of Mexico external goldloan of 1899 sinking fund 5s
48 gold debt of 1004_ __ _1954Prov of Alberta deben 4148 1924Tokyo City loan of 1912 58____
Railroad Bonds
Alabama Cent. See South Ryiabama Mid. See Atl CoastL
Albany & Snag. See Del & HudAllegh & West. See Buff R & PAm Dock & Imp. See CentofN JAnn Arbor 1st g 4s__July 1995 Q - jAtch Top & S F-Gen g 4s_1905 A - 0Registered 199. A - 0Adjustment g 45_ __July 1995 NovRegistered July 1995 NovStamped July 1995 M -N
50 year cony gold 43_ _1955 J -DCony 4s issue of 1909...1955 J -DCony 45 issue of 1910...1960 J -D10-year gold 5s 1917 J -DEast Okla Div 1st g 48..1928 M- SRocky Mt div 1st 4s A. _1965 .1 - JShort Line 1st 4s gold. .1958 J - JCal-Ariz 1st & ref 4%8..1962S Fe Pros & Phe 1st g 5s_1942
Atian Knoxv & No. See L & NAU Coast L 1st g 4s_ _July 1952General unified 4%s 1964Ala Mid 1st guar g 55_ 192813runs & W 1st gu g 43..1938Charls & Say 1st g 75_ _1936L & N collat gold 4s_Oct 1952Say Fla & W 1st g 6s 1934
1st gold 58 1934Sily Sp s 0 & G gu g 4s_1918 J - J
Atlan dc Danv. See South 'n RyAustin & N W. See So Pacificnalt Sr 0-Pr lien g 3%8_1925 J - JLA Registered Q -Gold 48 July 1948 A - 0
Registered Q -20-year convert 414s_ ..1933 M- SPlttsb June 1st g O....1922 J - JPitts Jct & M D 1st g 3148 '25 M- NPLE&WVaSys ref g 44..1941 M- NS W Div 1st gold 3%s__1925 J - JCO Reorg 1st con g 4%s 1930 M- SCloy Lor & W con 1st g 5s '33 A - 0Mon R 1st guar gold 55_1919 P - AOhio Riv RR 1st g 58. ._1936 J -D
General gold 58 1937 A - 0Pitts Clev & Tol 1st g 613_1922 A - 0Pittsb & West 1st g 48..1917 1 - JStatist Rv 1st eu g 414s 1943 J -D
BONDS mt.Per-
N Y STOCK EXCHANGE iod.
U S Gov & City Securities11 S 2s cons reg April 1030 Q - JU S 2s cons coup___ _April 1930 Q - JU S 3s reg 10-20s____Aug 1918 Q - FU S 3s coup 10-20s___Aug 1918 Q - FU S 48 registered 1925 Q - FU S 4s coupon 1925 Q - FPan Can 10-30-yr 2s_Aug 1936 Q - FPanama Canal 3s 1961 Q -MNew York City-4148 1960 M- S
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
22 BONDS-STOCK EXCHANGE RECORD.[VoL. 102
BONDSI Y STOCK EXCHANGE
Int.Per-iod.
Sales inFebruary.1916.
Price aboutJan. 31916.
PRICES IN FEBRUARY. RANGE SINCE JAN. I.
Beech Creek. SeeNYC&HRBailey & Carond. See Ill CentBolivia Ry let Ss 1927 .1 - JBruns & West. See Atl Coast LBuffalo N Y & Erie. See ErieBuff R & P, gen, g, 5s 1937 M- S
Consol 4%s 1957 M - NAllegh & West,1st g, gu 45 '98 A -Cl & Mah 1st gu g, 5e__ _1943 J - JRoch & Pittsb 1st g, 65_1921 P - A
Consol, 1st g, Os 1922 J - DBuriC R& No. See C R I & Pae
Can Sou con gu A 15e 1962 A - 0Registered 1962 A - 0
Carb & Shawn. See Ill CentralCarolina Cent. See Seab Air LCarolinaClinch&Ohlo 1st 5e 1938 J - DCarthage & Ad. See N Y C & HCed R Ia F& N. See B C11& NCentral Branch. See Mo PacificCentral Ohio. See Bait de OhioCent of Ga-let g, 5s_Nov 1945 F - A
Consol, gold, 5e 1945 M- NRegistered 1945 M- N
Chat Div pur money, g, 4s '51 J - DMac de Nor Div, 1st, g, fie '46 J - JMid Ga & Atl Div 5s 1947 J - JMobile Div, let, g, 5s 1946 J - J
Can RR&B of Ga-Col g 55, '37 M-NCentral of N J-Gen g 50_1987 I - J
Registered July 1987 2-Am Dock&Imp Co gu 5s,1921 - J, Leh de H R gen gu, g, 5s-1920 J - JN Y & L Br, gen, g, 48_1941 M- S
Central Pacific. See So Pac CoCent Ver let, gu, g, 40, May19209:3Chee &0-Fund &imp 56.1928 J
lot cons, gold, 5e 1939 M-NRegistered 1939 M-N
General, gold, 4%s 1992 M- SRegistered 1992 M- S
Convertible 4%s 1930 17 - ABig Sandy, 1st, 4s 1944 J -DCoal Riv Ry let, gu, 48_1945 J -DCraig Valley let, g, 511- _1940 J - JPotts Creek Br let 4s 1946 1 - J& A Div, let con g, 4s. 1989 J - J2d con gold, 4s 1989 J
Warm Spr Val, let g, 58_1941 M-Greenbr Ry 1st gu, g, 48,1940 M- N
Chic de Alt RR-Ref g 3s 1949 A -Railway, 1st lien, g, 3%e 1950 J - J
Chic Burl de Q-Denv D 4s, '22 P - AIllinois Division, 3%s 1949 I -
Registered 1949 J - JIowa Div sink fund, Se.... 1919 A -0
Sinking fund 45 1019 A - 0Nebraska Eaten, 40 1927 M -N
Registered 1927 M-NSouthwestern Div 4s 1921 M- SIs, joint bonds. Be, Grt NorGeneral 48 1958 M- S
Chic & E 111-Ref & impt g 48 '55 1 - JTrust Co ctfs of deposit let cons, gold, 68 1934 A - 0General cons, let, Bo__ _1937 M- N
Registered 1937 M- NS M & Tr Co ctfs dep do do stamped_ -
Guar Tr Co ctf of dep Pur money 1st coal 5s_ _ 1942 P - ACh dr Ind Coal Ry 1st 513 1936 J - J
Chic Gt West-let 50-yr 491959 M- SChic Ind & Lou-Ref, g, 681947 I - J.
Refunding, gold, 8s_ _1947 J -Refunding 4s, Series C_ _1947
. -
Ind & Louisv lot gu 4s_ _ 1956 J -Chic Ind de Sou-50-yr 4s_1956 JChic L S de East-let 4%6-1969Chic Milw dr St Paul-Gen. g, 4s, Ser A__May I989'J - J
Registered May 1989 Q - JGen & ref series A 4%s_ _2014 A -0Gen ref cony ser B 5s ___ 2014 Gang, 33.s, Ser B_May 1989 J - J
Registered May 1989 . .
General 4%s, Ser C May 1989 J - J--,,, 25-year debenture 48...__1934 J - J
Convertible 4%e 1932 J Ch & L Sup Div, g c. :13& Mo Riv Div, 5s 1926 J - J
Ch & P W, let, g, 5s___ _1921 J - JC M & Puget S Ist gen 48 '49 J - JDubuque Div 1st s f Os_ 1920 J - JFargo de So, assu g, 6e..1924 J Jla La Crosse & D, 58__ _1919 J -Wise dr Mfrul Div, g, 50_1021 J - JWis Val Div letsfflR. 1020 - JMil & Nor 1st ext 4%s 1934 J -DCons ex 43s...
1934 .1 -DChicago de North Western-Extension 4s
Registered 1886-1926 P - A1886-1926 F - A
General, gold, 31%s 1987 M- N-Registered
General 45 Nov 1987 Q - F
1987 M- NStamped 1987 M- N
General 5s stamped .......1987 M-NSinking fund 68_ -1879-1929 A - 0
Registered 1879-1929 A -0Sinking fund 56.-1879-1929 A - 0
Registered Debenture 5s
1879-1929 A - 0
Registered 1921 A - 01921 A - 0
Sinking fund deb So.__ 1933 M-NRegistered 1933 M - N
Des Pines Val let gu 4 Ms1947 M- SFrom Elk de Mo V 1st 6s_ 1933 A -0Man GBdrislI7 let gu 31%s '41 J - JMilw & S L let gu 3;0_1941 J - JMLS& West, let, g. Os 1921 M-NExt & imp, s f, g, Oo_ _1929 F - AAshland Div. 1st, g, 6s1025 M- SMinhigan Div, let, g, 6s '24 J - J
Mil Spar N W 1st gu 4s 194V M- SNerw Un 1st a f 7s_June 1917 M- SSt L Peo & N W 1st gu 591948 J - JWin de St P 1st ext 7s_ ISIS J D
Chic R I & Pacific, 6s____1917 J - JRegistered 1917 J - J
General, gold, 4s 1988 J - JRegistered 1988 J - J
Refund gold 4s 1934 A - 020-year debenture 50_1932 J - JTrust Co. Certfs of deposit do do stamped
Collat tr 45, Serial N -1916 M-NSeries P 1918 M-N
R I Ark & L 4%8 rec 1934 M- SBurl C R & No-gold 5s_1934 A - 0CRIF&NW,gu,g,5s 1921 A-0M & St L, 1st gu, g, 7s 1927 J -DChoc Okl&G gen. g 5s,Oct'19 J - J
Consol, gold, 5s 1952 M-NKeok & Des M, 1st, 5s 1923 A -0St P & K C Sh L lst 4%9 1041 P - A
Chic St L & N 0, See Ill CentChic St L & Pitts. See Penn CoChic St P & 0, cons 60_1930 J -DCons 6s, reduced to 3%..1930 J -DDebenture 5s 1930 M- SCh St P & Min, 1st g, 6s_1918 M-NNorth Wisconsin 1st 68_1930 J - JSt P & S City, 1st g 6s 1919 A -Superior S L 1st 5s, June 1930 M -S
Chic T H & S'east 1st 5s 1960 J - DChic & W I gen, g, Os.. Dec 1932 Q -MConsol 50-year 4s 1952 J - J
Chic & W Mich. See Pere MarqChoc Okl & G. See C RI &PCin Ham & D 2d g, 4%8_1937 J - J
1st guar 4s 1959 J - JCin D & I, 1st guar g 58_1941 M-NCin Fin& FtW , lstgug4s.1923 M- NCin Ind & W, 1st gu g 48.1953 J - JDay & Mich 1st con 4%01931 J - J
Ciu Ind St L & C. See CCC&StLCin San & Clev. See CCC&StLClearfield & Mahon. See BR&PC C & St L gen g 40 1993 J -D20-year debenture 4%0_1931 J - JGen 5s Series B 1993 Cairo Div, 1st, gold, 40_1939 J - JCin W & M Div, 1st, g, 40 191 J - JSt L Div, let coil tr g, 48 1990 M- N
Registered 1990 M- NSp & Col Div, 1st, g, 40_1940 M- SW W Val Div, 1st g, 48_1940 J - JCin I St L & C, cons 6s 1920 M-N
First gold, 4s__ _Aug 1930 Q - FRegistered..___Aug 1936 Q - F
Cln S & CI, cons 1st g 50_1928 - JCI C C & In gen con, g, 68_'34 J - JInd BI & W, 1st pre., 40_1940 A -00 I & W, 1st pf, 5s_Apr 1938 Q - JPoor & East 1st cons 40_1940 A - 0Income 4s 1990 April
Cleve Lor & W. See Bait & 0Cleve dt Mahon Vall. See ErieCleveland & Pitts. See Penn CoCleve Short L--1st gu 4%8 1961 A -Colo Midland-lst g 4s- -1947 J - JTrust receipts
Colo & Southern 1st g 40__1929 P.- ARefunding dr ext, 430_1935 M-NFW& D City-lst g 69_1921 J -D
Colum dt Hock V. See Hock ValCol Conn at Term. See Nor&WConn & Pas Rivs, 1st g 40_1043 A - 0Cuba RR 1st 50-year 50 g_1952 J - J
Dallaa &Waco. See Mo K tic Telaware Lack & Western-.Mor.& E.1stgu,3 3, s_2000 J -D
N Y L & W. 1st, 6s 1921 J - JConstruction 5s 1923 N - ATerm & improve't 40_1923 - N
War RR 1st ref gu g 3332000 F - ADel & II-1st Penn Div 70_1917 M - S
1Registered 917 M - S10-year convert deb 40_1916 J -D1st lIen eq 15-Yr g A:4lot refunding 4s 1943 Convertible 58 1035 A - 0Alb & Susq, cony 3%0_1946 A -0Rens & Saratoga 1st 7s_ _1921 M-N
Del Riv RR Bdge. See PennRRDen & R G-lst cons. g. 48 1936 J - jConsol gold 43s 1936 J - JImprovement gold, 50..._1928 -DFirst dr refunding 50._ 1055 F' - ARloGrJunc, lst,gu,g,50_1939 J - DRio Or Sou, 1st, g, 45 1940 J - J
1Guaranteed 940 J - JRio Or West, 1st, g, 40.....1939 j _ jM Sc coil tr, g, 4s,SerA, '40 A -0Ut C, 1st, gu, g, 48.Jan 117 A - 0
Des M dt Ft D. See M de St LDes M Un Ry 1st g 5s 1917 M- NDot & Mack, 1st lien g 40_1995 J -DGold 4s 1995 J -D
Detroit River Tunnel-Del Term Tunnel 1st 43-s '61 M-N
Dul Missabe & Nor gen 50_1941 J - JDul & Iron Range, 1st 5s 1937 A -
1Registered 937 A - 0Duluth Short Line. See Nor PDui So Shore Si Atl, g, 58._1937 J - JVast of Minn. SeeSPM ,St MLeast Tenn Reor lien. See So RyEast Tenn Va & Ga. See So RyElgin Jol & East, 1st g 5s 1941 M- NErie-lst consol, gold, 70_1920 M- SN Y & Erie let ext, g, 4s 1047 M-N2d, ext, gold, 50 1919 M- S3d, ext, gold, 4%s 1923 M- S4th, ext. gold, 5s 1920 A - 05th, ext, gold, 4s 1928J -D
Registered 19522st refunding 40 1955Purchased lines 31 s 1952Coll tr g 4s L N O& T....1953
Registered 1953Cairo Bridge gold 4s 1950Litchfield div 1st g 3s__ .1951Lou'v div & term g 3%0_1953
Registered 1953Middle Div regis 5s 1921Omaha Div 1st g 3s 1981
. St Lou Div & term g 38_ _1951Gold 331s 1951
Registered 1951Springf Div 1st g 330_ _1951Western Lines 1st g 4s 1951
Registered 1951Belle & Carond 1st 6s 1923Carb & Shaw 1st 43 g..„ 1923Ch St L & N 0 gold 50_1951
Registered 1951Gold 331s 1951
Registered 1051Joint 1st ref ser A 5s_ _1963Memphis Div 1st g 40_1951St L So 1st gu g 4s_ __ _1931
Ind Bl W See Cl C C dr St LInd Dec dr W. See Cin H & DInd III & Ia 1st gold 4s__ _ _1950Intern & Gt No-lst g 6s_ _1919Iowa Central. See Minn & St LTack Lans dr Sag. See Mich Cenames F dc Clear 1st 4s__ _1959
Vail All & G R. See LS&MSIman de Mich. See Tol & 0 CKCFtS&M. See StL&SFK C & M Ry & B. See StL&SFK C & Pacific. See Mo K & TKan City South 1st g 3s__ _ 1950
Registered 1950Ref& imp 5s Apr 1950
Kansas C Term 1st 45____1960Kentucky Central. See L & NKeok & Des M. See CRI&PKnoxville dr Ohio. See Sou RyLake E W 1st gold 5s 1937L. 24 gold fis 1941,JNorth Ohio 1st gu g 5s_ _19451A
L Sh & Mich So. See N Y CenttLeh V (NY) 1st gu g 4%0_1940
Registered 19i:0
J - JJ - J J - JJ - J F - AA - 0A -J -D M-NJ - J A - 0M -N J - J M - N J - JF - A F - A M-N A -0 J -D
J - J J - J A - 0 A -0 A - 0
J -DJ - J J - J
J - JQ - JJ - JJ - J
J - JJ - J- J
J - J- J
J -DJ -D J - J A - 0 J - J -
J - J J - J J - J J -D
FebFebJ - J J - J J - J- J
A -0 F - A
J - J -
J - J - J
J - J A - 0A - 0 M- S A - 0A - 0 M- NJ - J M- NM- N J -DJ - J J - JJ - J F - A F - A J - J J -J J - J J - J F - AF - A J -D M- S J -DJ -D J -D J -D J -DJ -D M- S
1Registered 940 J - JColl trust gold 5s 1931 M- NE H & Nash 1st g 6s... 1919 J - DLouis Cin & Lox g 43,0_1931 M- NN 0 & M lst g 6s 1930 J - J2d g 6s 1930 J - J
Pad & Mem Div 4s 1946 P - ASt Louis Div 1st g 6s 1921 M- S
2d gold 3s 1980 M- SAt! Knox & Chi Div g 4s 1955 M-NAU Knox & No 1st g 5s_ _1946 J - DHend'sonBdge 1st at 6sg1931 M- SKentucky Central g 4s 1987 J - JL&NMob&Mlst g 430_1945 M- SL&N-Sou Mon joint 4s 1952 J - j
Registered July1952N Fl & Shef 1st gu g 5s_ _1937 - ANpt&CinB gen gu g 4%s 1945J -Pens & Atl 1st gug 6s___1921 F - A& N Ala con gu g 5s1936 F - AGen cons gu 50-yr bs_ _1903 A - 0
Lou&JeffBdge Co gu g 431945 M- S
Mationing Coal. See L S&M Soanito S W Coloniz g 55_1934 J -D
Manila RR-Sou lines 4s__1936 M-NMcK'pt&BVern. SeeNYC&IIRMex Internat 18t cons g 48_1977 M- SStamped guaranteed__ _1977 M- S
Michigan Central. SeeN Y CentMid Term 1st g s f 5s_ __ _1925 J - DMil L S & West. See Chic & NWMil & North. See Ch M & St PMinn & St L 1st gold 7s_....1927 J -D
Minn & St L gu. SeeBCR&NM St P&SSM con gold 45stpd payment of int gu 1938 J - JM St P&SSM& Cent Term
1st Chic Term s f 4s 1941 M- NMSSM& At! 1st gold 4sstpd payment of int gu1926 J - J
Minneap Un. See St P M & MMississippi Cent 1st 5s___ _1949 J - JMo Kan & Okla. See M K & TMo Kan & Tex-7,1st g 48_1090 J -D2d gold 4s June 1990 F - A1st extension gold 5s____1944 M- N1st & refund mtge 4s____2004 M- SGeneral s f 430 1936 J - JSt Lou Div 1st ref g 4s 2001 A - 0Dal & Wa 1st gu g 55_ 1940 M- NKan C & Pac lst g 4s1990 F - AMo IC & E 1st gu g bs_1942 A -Mo K & Ok 1st gu 5s_ 1942 M-NMK&T of T 1st gu g 5s 1942 M- SSher & So 1st gu g 5s '43 J -DTex & Okla 1st gu g 5s 1943 M- S
Mo Pac-lst consol g 65_ _1920 M- NTrust ig Ss stamp _Jan 1917 M- S
Registered __ Jan 1917 M- SCoats of deposit
let coll gold 58 1920 F - ACertificates of deposit --
18t & ref cony 5s 1959 M- SCertificates of deposit____Certfs of deposit stamped
3d 78 ext at 4% 1938 M- NBoonv St L & S 1st 5s..1951 F - ACen 13ch Ity 1st gu g 45_1919 F - ACent Br Un Pac 1st g 45_1948 J -DLeroy&CValAL 1st g 5s 1926 J - JPac It of M 1st ext g 4s_ _1938 F - A2d extended gold 55-1938 J - J
St Louis Iron Mt & South-Gen con ry & Id g 5s 1931 A - 0Gen con stpd gu g 58_1931 A -0Unit & ref gold 4s 1929 J - JRiver & Gulf div 1st g 4s'33 M-N
VerdigrisVI&W 1st g 5s 1926 M- SMobile & Birm. See South RyMobile & Ohio new g 65_ _ _1927 J - D
let extension g 6s July 1927 Q - JGeneral gold 4s 1938 M- SMontgom Div 1st g 5s 1947 F - ASt Louis Division 5s 1927 J - DSt L & Cairo gii g 4s_ 1931 J - JCollat trust 45. See Southern
Mohawk & Mal. SeeNY C& HMonongahela Itiv. See Balt & 0Montana Cent. See St P M & MMorgan's La&T. See So Pac CoMorris & Essex. See D L & WMashy Chatt & St L 1st us 1928 A - 011Jasper Bch 1st gold 68_1923 J - JMcM M W & Al lst 68_1917 J -T P Branch lst 6s 1917 - J
1,000
2,000
Price aboutJan. 31916. Feb. 1.
Bid. Ask.89% 92%100% 109
103% 102%
Feb. 29. 1 Lowest. Highest.
Bid. Ask. Bid.023% I 9231101% 10211031 1113% 1103%110103%
88% 90
3,000
3,000,26,000
7,0001
121,0001
7,000, 1003% 1021,000 1013% 102 I 00 9220,000, 112 Sale 1107% 128,000 943% 943%
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
26 BONDS-STOCK EXCHANGE RECORD (Vol,. 102.
BONDSN if STOCK EXCHANGE
Int. Sales inPer- Februaryiod. 1916.
Price aboutJan. 31916.
PRICES IN FEBRUARY. RANGE SINCE JAN. 1.
Feb. 1. Feb. 29. Lowest. Ilighest.
Nash Flor & She!. See Lou & NNat Rys Mex pr lien 4%8_1957 J - JGuaranteed general 4s__1977 A - 0
Nat of Mex pr lien g 4%s__1926 J - Jlet consol gold 4s 1951 A - 0
N H & Derby. SeeNYNH&llNJ Junc'n RR. See N Y CentNewp't & Cin B'ge. See Lou&NNO Mob & Chic 1st ref 58_1960 J - JNew Orleans Term 1st 4s 1953 J - JN B & Man Beach. See L IslN Y Cent RR cony deb 6s_ 1935 M-NConsol Ser A 4s 1998 F - ARef & imp 4%s A 2013 A - 0
N Y Central & Hudson River-Gold mortgage 3%s___ _1997 J - J
Registered 1997 J - JDebenture gold 4s 1934 M-N
Registered 1934 M-N30-year debenture 4s 1942 J - JLake Shore coil g 3%s....1998 F - A
Registered 1998 F - AJ PM & Co ctfs of dep
Mich Cent coil g 3%s 1998 F - ARegistered 1998 F - A
Registered 1936.7 - JBchCr ex 1st gu g3%s Feb '51 A - 0Cart & Ad 1st gu g 4s 1981 .T -DGouv & 0 1st gu g 5s_ 1942 J -DMoh & Mal 1st gu g 4s 1991 M- SNJ June R gu 1st 4s_1986 F - AN Y & Harlem g 3%s_ 2000 M-N
Registered 2000 M - NN Y & North lst g 5s_ 1928 A -NY&Put 1st con gu g 4s_ 1993 A - 0Nor & Mont 1st gu g 58_1916 A -0Pine Creek reg guar 6s_ _1932 J - DR W & 0 con 1st 5s_July 1922 A - 0RW&OTR lst g 5s_July 1918 M-NRutland 1st cons g 4%8_1941 J - JOg cir L Ch let gu g 4s_1948 J - JRutl-Can 1st gu g 4s_ _1949 J - J
St LaW & AcIir 1st g 5s1996 J - J2d gold 6s 1996 A -
Utica & BI Riv gu g 4s_ _1922 J - JLake Sh & M S g 3%s1997 J -D
Registered 1997 J -DDebenture gold 4s 1928 M- S
Registered 4s 1928 M- S25-year gold 4s 1931 M-N
Registered 1931 Nl-NKal A & G R lst gu c 58_1938 J - JMahon Coal RR 1st 5s_ A934 J - JPitts & L E-2d g 5s_Jan1928 A - 0Pitts McK & Y 1st gu 68.1932 I - J2d guar 6s 1934 J - J
McK Ct Belle V 1st g 68_1918 J - JMichigan Central 5s____1931 M- S
Registered 1931 Q. -M4s 1940 J - JJack L & S gold 3%8_1951 M- S1st gold 33,s 1952 M-N20-year debenture 4s_1929 A - 0
NY Chic & St L 1st g 48.1937 A -0Registered 1937 A - 025-year debenture 46_1931 M-N
N Y C Lines equip 5s_ 1918 M- N,Equip tr 4%s Ser P ...1924 J - Ji
N Y Connect 1st gu 4%s A 1953 F - AN Y & Greenwood L. See ErieN Y & Har. SeeNYC&HRN Y Lack tic West. See D L &WN Y L Erie dr West. See ErieN Y & Long Bch. See Cent N JN Y New Haven dr Hartford-Non-cony debenture 33%s '54 A - 0Non-cony debenture 4s_1955 J - JNon-cony debenture 48_1956 M-NConvertible deben 3%8_1956 J - JConvertible deben 6s_ _1948 J - JHarlem It Ac Pt Ches 1st 48'54 M-NB & N Y Air Line 1st 4s..1955 F - ACent N E 1st guar 4s_ 1961 J - JHousaton RR con g 5s_ _1937 M- NN Y Prov & Bos geu 4s_1942 A -N Y & B 1st 06E31946 I - JNH&Derby con coup 58_1918 M-NNew Eng ItR cons 4s 1045 I - JProvidence Sec deb 4s 1957 M- SProv & Spring! 1st 5s 1922 J - JProvidence Term 1st 48_1956 5
N Y dr Northern. See N Y CentN Y Ont & W 1st g 4s June 1092 M- SReg $5,000 only June 1992 M- SGeneral 4s
5N Y & Putnam. See N Y 15 D1 N Y & Rock Beach. See Long IsN Y Susq & Western. See ErieNor! Sou 1st & ref A 5s_ _ _1961 F - ANorfolk & South 1st g 5s_ _1941 NA-NNorfolk & West gen g 6s_ _1931 14-N. Improvem't & ext g 6s_ _1934 F - ANew River 1st gold Os_ _1932 A - 0Nor & W Ry lat con g 49.1996 A -
Registered 1996 A - 0Div 1st & gen g 4s 1944 I - J10-25-year cony 4s 1932 J -D10-20-year cony 4/3_1932 NI- SConvertible 43%s 1938 NI- SFoca C & C Joint 4s_ 1941 -D
Col Conk T 1st gu g 5s_ 1922 J - JSelo V & N E 1st gu g 4s_ 1989 M- N
Northern Ohio. See L Erie & WNorth Pacific-Prior 4s_ _ _1997 Q -
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
MAR., 1916 BONDS-STOCK EXCHANGE RECORD 27
BONDSN Y STOCK EXCHANOE
Int.Per-iod.
Northern Pacific-(Con.)St Paul & Duluth 2d 58_1917 A - 0
1st consol gold 4s____196S J -DWash Cent Ry let g 4B-1948 Q - M
Nor P Ter Co 1st g 6s___ _1933 J - JNorth Wiscon. See C St PM&ONor & Mont. See N Y Central
O & L Champ. See Rutland.nd dr W. See CCC&StL
Oregon & Cal. See Sou Pac CoOre RR & Nay. See Union PacOregon-Wash 1st & ref 48_1961 J - JOswego & Rome. See N Y Centpacific Coast Co 1st g 5s..1946 J -DA acific of Missouri. See Mo PacPenn RR 1st 48 real est g_1923 M-NConsol gold 5s 1919 M- SConsol gold 4s 1943 M-N 4,000Consol gold 4s 1948 M-N 91,000Consol 43(s 1960 F - A 783,000Gen 4%s 1965 J -D 773,000Alleg Val gen gu g 4s 1942 M- S 5,000Del RivItItI3dg 1st gu g 4s '36 F - A Phila Belt & W 1st g 4s_1943 M- N Sod Bay & So 1st g 5s_ _1924 J - J Sunbury & Lewis 1st g 4s1936 J - J 92 923/8 UNJRR & Can Co gen 451944 M- S 2,000 99 . 99%, 99% 99%Pennsylvania Co--gu 4%8.1921 J - J 74,000 1013% 101%1101% 1013/8Registered 1921 J - .1 100;g 1013/8 Gu 33(s coil tr re g ctfs_ _1937 M- S 85 863/8 85 Gu 33(5 coil tr ctfs B___ 1941 F - A 85 86 85 Trust Co ctfs gu g 3%s_1916 M- N 993% 100% 997/8 Gu g 330 tr ctfs Ser C_ _1942 I - D 85 86% 85 Gu g 33/8s tr ctfs Ser D_1944 J - D 85 863/8 85 863/8Guar gold 15-25-year 4s_1931 A - 0 39,000 94 95 943% 40-yr gu tr ctfs 4s ser E_1952 M-N 903% 92 Cin LAN 1st con gu g 48_1942 M- N 893% 90 Clev & Mar 1st gu 43(8_1935 M-N 973% Clev & Pitts gu g 43(s A_1942 J - J 13,000 1033% 1043/8 SaleSeries B 43/8s 1942 A - 0 1033% 104
hit reduced to 33(%_1942 A - 0 843% 84% Series C 33/85 1948 M- N 843% 84% Series D 33/85 1950 F - A 843% 847/8 Erie & P gen gu g 33.0 B.1940 J - J 863% 86% Series C 1940J - J I 863/8 863% Gr R&I ex 1st gu g 430_1941 J - J 7,000 98 99 914 983%Ohio Connect 1st gu 4s__1943 M- S I 923% 92 4
Pitts Y & Ash 1st con 5s_1927 M- N 1023% 102A To1WV&O 1st gu 43(s A.1931 J - J 99 99 Series B 43/8s 1933 J - J 99 99 Series C 4s 1942 M- S 92 94 93 POC&StL gu g 43(sSerA1940 A - 0 17,000, 101 1013% 1015% 1023%Series B guar 1942 A - 0 7,000 101 1017/8 101% Series C guar 1942 M- N 101 100 Series D 4s guar 1945 M- N 943/8 953% Series E 3%5 guar g__1949 F - A 1,000 913% 913% 923/8Series F cons 4s gu g_ _1953 J - D 943/8 953/8 Series G cons 4s guar_ 1957 M- N 943/8 953/8 Se ri es I cons 4 'As gu_ _1963 F - A 1,000 1003% 1016/8
Ch St I. & P cons g 5s_ _ _1932 A - 0 1043% 104% Pensacola & At!. See Lou&NashPoor & East. See C C C dr St LPoor & Pek Union 1st g 68_1921 Q -1 Second gold 430_ _ Feb 1921 M -
Pere Marquette-Ref- 4s__1955 J - JRefunding guar 4s 1955 J - JChic & West Mich 5s 1921 J - DFlint dr Pere Mara g 68_1920 A - 0
First consol gold 5s 1939 M-NPt Huron Div 1st g 55_1939 A - 0
Sag Tu ,S: Hu 1st gu g 4s_1931 F - APhilippine Ry 1st 30-yr s f 4s '37 J - JPine Creek. See N Y CentralPitts C C dr St L. See Penn CoPittsb Clev dr Tol. See Belt & 0Pitts Junction. See Bait ,S: OhioPitts & Lake E. See N Y CentPitts McK dr Y. See N Y CentPittsb Shen & L E 1st g 58_1940 A - 0
First consol gold 5s 1943 J - JPittsb & West. See Bait & OhioPitts Y & Ashtab. See Penn CoDeading Co gen gold 4s 19971.1 - J 383,000" Registered 1997'..1 - J
Jersey Central coil g 4s 1951 A - 0 10,000At! City 1st con gu g 48_1951 J - JQag Tusc & H. See Pere Marq"-it Jos & Or Isl lat g 4s_ 1947 J - JSt Law & Adlr. See N Y CentSt L &Cairo. See Mobile & OhioSt L Iron Mt & So. See Mo PacStLMBr. SeeTerRRAssn ofStLSt L & San Fr-Gen g 6s...1931 .1 - J 35,000General gold 5s 1931 J - J 24,000St L& S1' RR cons g 4s_1906 J - J 1,000General 15-20-year 58_1927 M-N 17,000Trust Co ctfs of deposit_ A - 0 33,000do stamped 43,000South West Div g 5s__1947 A - 0
Refunding gold 48_ _._1951 J - J 3,000Trust Co ctfs of deposit 38,000
do stamped --32,000K C Ft S & M con g as_ _i ivi:N 40,000K C Ft S & M Ry ref g 4s1936 A - 0 118,000KC&M R&I3 let gu g 5s_1929 A - 0
St Louis South. See Ill CentralSt Louis Southw-lst g 4s_1989 M- N 115,000
2d g 4s inc bd ctfs_ _Nov 18891 - J 1,000Consol gold 45 1932 J -D 41,0001st term! & unit 55 1952 J - J 5,000Grays Pt Ter 1st gu g 55_1947 J - D
St Paul & Duluth. See No PacSt P Mln & Man. See Gt NorthSt Paul & Nor Pac. See No PacStP&SiouxC. See C StP M & 0S A & A P let guar g 4s___1943 J - J 28,000SF&NP1stsfg5s 1919 J - J 5,000Scioto Val & N E. See Nor & WSeaboard Air Line g 4s 1950 A - 0 2,000Stamped 1950 A - 0 26,000Adjustment 5s Oct 1949 F - A 225,000Refunding 4s 1959 A - 0 65,000AtI-13ir 30-yr 1st g 4s_May'33 Al- Si Caro Cent let cons g 43_ _ 1949 J - .1! 83%Fla Cent & Pen 1st g 53-1918IJ - J 100
let land grant ext g 5s_1930' J - J -Consol gold 5s 1943 J - J 8,000 102
Ga & Ala 1st cons 5s Oct 1045 J - J 1033%Ga Car & Nor 1st gu g 5s 1929,J - J 1023(Nen)) •1, Ilonnnko iat Cy 102(1' 1 - J
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
28 BONDS-STOCK EXCHANGE RECORD. [VOL. 102.
BONDS Int. Sales in Price about PRICES IN FEBRUARY. RANGE SINCE JAN. 1.Per- February Jan. 3 ____
N Y STOCK EXCHANGE iod. 1916. 1916. Feb. 1. Feb. 29. Lowest. Highest. Lowest. Highest.
Sher Stir & So-See Mo K dr T $ Bid. Ask. Bid. Ask. Bid. Ask. Sale Prices. Sale Prices. Sale Prices. Sale Prices.Sil Sp 0 & G-See Atl Coast LSou Caro & Ga-See SouthernSouthern Pacific Co-
48 g Cent Pac coll__Aug 1949J -D 112,000 86% Sale 873 87% 87 88 86 Feb. 11 88 Feb. 16 86 Feb. 11 88 Jan. 11Convertible 4s __June 1929 M- S 1,163,000 893 Sale 883/s Sale 87% Sale 873/s Feb. 28
1V3rt Feb.e 1 187A Feb.
B 89% Jan. 13
Convertible 5s 1934 J -D 667,000 107% Sale 106 Sale 104 Sale 103% Feb. 29 107% Jan. 14Cent Pac 1st ref gu g 48_1949 F - A 429,000 90% Sale mg Sale s90% Sale 90% Feb. 29 91 Feb. 15 00 Jan. 3 91 Jan. 26
Registered 1949 F - A Mtg gu g 3%s___Aug 1929 J -D 70,000 89% 90 90 Sale 89% Sale 89% Feb. 21 90 Feb. 1 gi411 !Tat li 903i Jan. 22
Through St L 1st gu g 48'54 A - 0 86% 87 85 86% 85 86% 86% Jan. 6
Gal H & San Ant 1st 5s _1931 M-N 105 101 104 101 104 Gila V G & N 1st gu g Ss 1924 M- N 100% Sale 1003/s 100% Jan. 29 10031 Feb.fal). 3s1)
HE & W T let g 5s____1933 M-N 20,000 110006%w, lat gu g 5s redeem_ __ _1933 M-N 5,000 101 102%
R dr Deny Deb 55 stpd 1927 A -0 102 1023% 103% .., Rich dr Meck 1st g 4s......1948 M- N 68 68 So Car dr Ca 1st g 5s____1919 M-N 1,000101% 102% 100 102% 102% 102 Feb. 18 102 Feb. 18 102 Jan. 24 102 Jan. 24Va Mid-Series C, 6s_ __1916 M- S Series E, 5s 1926 M- S 101% 100 1013% Series F. 5s 1931 M- 8 102 102% 104% Virginia Mid, gen 5s__1936 M-N 102% 103% Jan . 10 104% Jan. 31
Spokane Internet 1st g 5s_1955J - .1 92 95 93 95 90 93 Jan. 10 93 Jan. 10
Ter Assn of St L 1st g 4348 1939 A -0 98% Sale 99% 100 98% Jan. 3 99% Jan. 21
A First cons g 50 1894-1944 F - A 3,000 103 104% 106% 105 108 106% Feb. 3 10634 Feb. 3 1033/s Jan. 17 106% Feb. 3
Gen ref s f gold 4 1953J - J 40,000 87 87% Sale 87 Sale 87 Feb. 29 87,4 Feb. 4 86 Jan. 7 88 Jan. 14
St L M Br Ter gu g 5s__1930 A - 0 1003.1 100% 100 101% Texas & Pacific 1st g 5s__2000 J -D 92,000 95 Sale 96% Sale 96 Sale 95% Feb. 14 96% Feb. 1 95 Jan. 3 97 Jan. 28
Second g income 5s____2,000 Mch 1,000 23 35 35 36 35 Sale 35 Feb. 29 35 Feb. 29 N
Western Div 1st g 58_1935 A - 0 21,000 10234 102% Sale 102 102% 10231 Feb. 1 102% Feb. 18 /3102 Jan. 25 102% Jan. 17General gold 58 1935 J -D 100 96 95 Kan & M 1st gug 4s____1990 A - 0 12,000 85 83 85% 84 87 84 Feb. 23 84 Feb. 23 84 Jan. 20 84 Jan. 20Second 20-year 5s____1927 J - J 5,000 98% Sale 9834 99% 9834 98% 99 Feb. 21 99 Feb. 21 983/s Jan. 28 99 Feb.an. B.
Tol Peor dr W 1st gold 4s__1917 J - J 6,000 60 63 60 Sale 56 Feb. 25 60 Feb. 1 pis Feb.n. 25 61
L Fifty-year gold 45 1950 A -0 48,000 5734 58 58 Sale X 5559 Sale 58 Feb. 1 59% Feb. 4 58 Jan. 4 60 Jan. 14Tol St L & W-Pr I g 3%8_1925 J - J 83 84% 14 83 Jan. 14
P Coll trust 4s g Ser A____1917 F - A 16 18% 18% Ter H & B 1st g 4s_ _July 1946 J -D 833/s 8334 87 82 84 84 Jan. 31 84 Jan. 31I lister dr Del 1st con g 58_1928 J -D 5,000 1003/s 101% 100% 102 100% 102 101 Feb. 24 101 Feb. 24 101 Feb. 24 101 Feb. 24*-0 First refund g 4s_ ___1952 A -0 80 Union Pac RR & Id gr g 48_1947 J - J 330,000 69734 Sale 98 Sale 9734 Sale sop Feb.e r1 "3457 Feb.e 11 8:77''' Yet. 2 SVA
Feb. iiRegistered 1947J - J 8,000 97
20-year cony 45 1927 J - J 243,000 9334 Sale 94 94% 933-/s Sale 933% Feb. 23 94 Feb. 2 933/s Jan. 4 04% Jan. 26First & refund 48_ _June 2008 M- S 163,000 90% Sale 01 Sale 890% Sale 9034 Feb. 17 91 Feb. 2 90% Jan. 4 91% Feb. 2Ore RR & Nay con g 48_1946 J -D 116,000 923/s Sale 92 Sale91% Sale 9034 Feb. 25 92 Feb. 1 9034 Feb. 25 92% Jan. 27Ore Sh Line 1st g 6g.__1922 P -A 62,000 108% 108% Sale 109 Sale 107% Feb. 8 109 Feb. 21 107% Feb. 8 109 Feb. 21
First consol gold 58__1946 J - J 36,000 106 Sale 1063.1 106% 107 106% Feb. 3 10734 Feb. 28 106 Jan. 3 107% Feb. 28Guar refund gold 48_1929 3 - D 293,000 927/s Sale 9334 93% 933% Sale 9331 Feb. 2 93% Feb. 23 92% Jan. 4 94 Jan. 15
Vandalle consol g 4s____1955 F - A 90 90 91 • Consol 4s, Series B_ _1957 M- N 90 93 90 91
87 87 9834 Sale 9834 Sale 9834 Feb. 1104% Sale 104% 104% 1043.1 Feb. 23993/s Sale 9834 99 98 Feb. 2370 110 70 110 96 96% 70 70
Vera Cruz & P 1st gu g 19343430 - J 87Virginian 1st 58 series A__1962 M-N 322,000, 97% SaleWabash 1st gold 5s 1939 M-N 150,0001103% Sale
Debenture Series B 6s 193399 P - A J --J 44,000 98% 9834Second gold 58
19 1st lien equip s f g 55_1921 M- S 933/s 1st lien 50-yr g term 45_1954 J - J 65 Jet refund & ext gold 4s_19563 - J Equit Tr ctfs full paid 107 Sale
Do part paid 46 SaleEquit Tr stamped ctfs full pd 104% Sale
Do do part paid- 43 Det dr Ch Ex 1st g 58_1941 J - J 103 Des Moines Div 1st g 18_1939 J - J Omaha Div 1st g 3%8_1941 A -0 1 763/sTol dr Chic Div 1st g 4s_1941 M- S 3,000, 71
Wabash-Pitts Ter 1st g 48_1954 J -D 25,000 234 Sale
.. 10,000 219,000 2 Sale
do do 1st asst paidCent Tr & Old Col Tr ctfs
Col Tr Ctfs for Cent Tr Ctfs_ 14,000 1% Sale8,000 I% 2%Columbia' Trust Certfs_
Second gold 4s 1054J -D 108,000 34 3Trust Co ctfs of deposit_ 265,000 34 Sale
Wash Term 1st gu 3%8_1945 P - Al 8334 84341st g.uar 40-year 4s 1945 F - Al 92
West Maryland 1st g 4a___1952 A - 0 85,000 72% SaleWest N Yiez Pa let g 5s___1937 J - J 10,000 103% 104
General gold 4s 1943 A -O .10,000 81% SaleIncome 5s 1943 Nov 35
Wheel dr L Erie-let g 5s__1926 A -0 11,000 102 SaleWheeling Div 1st g 5E3_1928 J - J 95 993-1Eden dr imp gold 5s_ __1930 P - A 94%
iiVb & L E RR 1st con g 48_1949 M- S 21,000 703/s Sale20-yr equip s f g 58 1922 J - J
Winston-Salem S 11 1st 4s..19604 - J 8734 88Wiscon Cent 1st gen g 4s__1949;J - J 82,000 87 SaleSup&Duldlv & ter 1st 4s..19361M -N /5,000
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
MAR., 1916 BONDS-STOCK EXCHANGE RECORD 29
BONDS bit. Sales in Price about 1Jan. 3
PRICES IN FEBRUARY. RANGE SINCE JAN. 1.Per- February
i Highest.I Lowest. I Highest.N I( STOCK EXCHANGE iod. 1916 1 1916. Feb. 1. Feb. 29. Lowest. ,
1 -$ Bid. Ask.; Bid. Ask. Bid. Ask. Sale Prices. Sale Prices. Sale Prices. Sale Prices.Street Railway BondsBrooklyn Rap Trans g 5s__1945 A - 0 32,000 10334 1033% ,103% Sale 10234 103 103 Feb. 2310334 Feb. 4 103 Feb. 2310334 Feb. 4let refund cony g 45____2002 J - J 10,000 79% 80%1 1 79% 8034 7934 7934 Feb. 23 81 Feb. 3 7934 Jan. 28 81 Feb. ..6-year secured notes 65_1918 J - J 379,000 10034 Sale 10034 Sale 10034 Sale 10034 Feb. 1 10134 Feb. 14 10034 Jan. 3 10134 Feb. 14Bklyn City 1st con 50 '16-'41 5 - J 5,000 1008% 102 10134 101% Sale 10134 Feb. 29 10134 Feb. 29 10134 Jan. 8 10134 Jan. liBklyn Co & S gu g 58'16-'41 M-N 9134 96 Bklyn Q Co & S let 5s....1941 J - J 98 Bklyn Un El let g 4-5s__1950 P - A 62,000 100 Salo 10034 Sale ,10134 102 10034 Feb. 1 102 Feb. 23, 100 Jan. 3 102 Feb. 23:Stamped guaranteed % _1950 P - A 27,000, 100 103% 100 1102 Sale 101 Feb. 7 102 Feb. 24, 1003% Jan. 26,102 Feb. 24Kings Co El 1st g 45____1949 F - A 11,0001 83 85 8434 84% 8434 Feb. 11 85 Feb. 21 8334 Jan. 111 85 Feb. 2Stamped guaranteed_1949 F - A 5,000; 83 Sale 85 87 845% 84% 85 Feb. 26 85 Feb. 26; 83 Jan. 3 85 Jan. 26Narmau Elec guar gold 48 1951 J - J 1,000, 75 7534 7534 7634 7634 7634 7534 Feb. 4 753% Feb. 4! 75 Jan. 14 7634 Jan. 31Chicago Rys-1st be 1927 P - A 31,000 97 9734 9834 Sale 983% Sale 9834 Feb. 4 9834 Feb. 25 97 Jan. 7 9834 Feb. 25Conn Ry & Lt-lst g 4%5_1951 J - J 10034 9934 Jan. 19 9934 Jan. 19Stamped guar 4345 1951 J - J 99;4 9934 '10034 Det United 1st cons g 4%5_1932 J - J 191,000 741% 77 76 Sale ' 77 Sale 76 Feb. 1 78 Feb. 10 74% Jan. 7 78 Feb. I()Ft Smith Lt & Tr let g 5s_1936 M- S 1 Grand Rap Ry 1st gold 59_1916 J -D 100 100 100 Havana Elec Ry cons g 5s_1952 P - A 1,000, 87 Sale 8734 90 87 91 Feb, 14 91 Feb. 141 87 Jan. 3 91 Feb. 14Hudson & Manhat ser A 58 1957 P - A 162,0001 7434 Sale 74 Sale 7334 74 7334 Feb. 1 7534 Feb. 21! 73 Jan. 27 753,4 Feb. 21Adjust income 5s 1957 477,000 31 Sale 3034 Sale 3034 Sale 3034 Feb. 28 3134 Feb. 14 30 Jan. 27 313% Feb. 14N Y & Jersey 1st 6s____1932 P - A 5,000, 10034 101 101 Sale 101 Feb. 29 101 Feb. 29 101 Feb. 29 102 Jan. 28Inter-Metrop coil 434s_ _1956 A - 0 520,000, 70,i Sale 7534 Sale 7334 Sale 73 Feb. 28 76 Feb. 41 73 Feb. 28 76% Jan. 6Interboro It T let Sc ref 55_1066 .1 - J 1,364,000 99 Sale 99% Sale 99% Sale 99% Feb. 1 993% Feb. 141 99% Jan. 20 99% Feb. 14Manhat Ry (N Y) con g 4s 1990 A - 0 44,000 91% Sale 9134 92 9234 Sale 9134 Feb. 4 923% Feb. 241 91 Jan. 14 923% Feb. 24Stamped tax exempt A - 0 219,000 9294 Sale 9274 Sale 9234 923% 9234 Feb. 4 93 Feb. 24 92 Jan. 17 93 Feb. 24Manila Elec let & coil bs__1953 M- S 95 95 95 Met St-B'y Sc 7th Av 5s__1943 J - D 19,000" 9834 Sale 9934 100 100 10034 es% Feb. 18 10034 Feb. 15 9834 Jan. 3,10034 Feb. 15Col & Oth Av 1st gu g 5s_1993 M- S I 9934 100 100 100 10034 100 Jan. 18 100 Jan. 18Lex Av & P F 1st gu g 58 1993 M- S 2,000 100 I 100 10034101 10034 Feb. 11 101 Feb. 14 993% Jan. 11;101 Feb. 14Met W S Elev Chic 1st 4s_1938 F - A1 Mil El Ry & L cons 5s ___ _1926 P - A 1,0001 102 10134 % 1101 ,101% Feb. 2110134 Feb. 21 101 Jan. 610134 Feb. 21Refunding & ext 434s---1931 J - J 92 94 93%1 Minn St Ry 1st con g 5s_ _ _1919 J - J 100 100 10034 Mont Tram let & ref A 55_1941 J - J 95 95 9334 95 N On Ry & Lt gen 4 %s___1935 J - J 85 85 85 New York Rye let & ref 4s 1942 J - J 1,304,000 733% 7434 743% Sale 7634 Sale 7434 Feb. 1 783% Feb. 11 7334 Jan. 5 7834 Feb. 11Adjustm't income 55_1942 A - 0 3,341,000, 5634 Sale 5794 Sale 60 Sale 5734 Feb. 1 6334 Feb. 10 55 Jan. 3 639s Feb. 10N Y State Rye let cons 4345 '62 M- N 36,000, 83 8534 85% 865% 87 Sale 86 Feb. 10 8834 Feb. 23 853% Jan. 24 8834 Feb. 23Portland Ry let & ref 5E3_1930 M-N 2,000; 9434 00 944 99 91 947% 9434 Feb. 25 9434 Feb. 25 9434 Feb. 25 9434 Feb. 25Port Ry L & P cony 5s_ __1942 Fr - A 1 80 80 80 St Jo Ry Lt H & P let g 55_19371M- N
St Paul C Cable cons g 5s_ _1937,1 - J 99 Third Ave let ref 45 1060 J - J 269,000, 82 83 8234 Sale 8234 Sale 82 Feb. 26 83 Feb. 2 82 Feb. 26 8334 Jan. 8Adjustment income 55_1960 A - 0 542,000, 803% Sale 83 Sale 8334 Sale 83 Feb. 1 843% Feb. 2 80 Jan. 3 843% Feb. 2Third Ave RR let gold 55_ _1937 J - J 10,000 107 10734 106 107 1 07 107 Feb. 2 107 Feb. 2 106 Jan. 201075% Jan. 10Tri-City Ity & Lt 1st s f 5s-1923 A - 0 194,000' 0034100 99 99% 10034 Sale 99% Feb. 10034 Feb. 24' 983j Jan. 810034 Feb. 24Underged of London 4345_1938,J - J 94 94 94 1 1 Income Os 1948'J - J 68 Sale 84 84 1 68 Jan. 3 69 Jan. 21Un Rye Inv-lis Pitts iss_ _1928 M-N 13,000, 7034 8034 7034 7334 74 Feb. 19 74 Feb. 19 74 Feb. 19 74 Feb. 19,United Rye St L 1st g 4s__1934 J - J 1 6234 70 64 62 1 St Louis Tran gu imp 5s_1924 A - 0 6,0001 59 69% 59% 57 57 Feb. 23 58 Feb. 141 57 Feb. 23; 59% Jan. 18United RRs San Fr s f 4s__1927 A - 0 212,000, 4534 Sale 45 Sale 4434 Sale 43 Feb. 25 45 Feb. 1 43 Feb. 251 463% Jan. 17Virginia Ry & Pow let 55_1934 J - J 7,0001 91 Sale 91 Sale 90% 91 903% Feb. 23 91% Feb. 5 9034 Feb. 231 92 Jan. 6.Oas & Electric Light CosBklyn Un Gas Co 1st c g 55 1945 M-N 21,000,1043% 10534 10534 10534 Feb. 3 106 Feb. 25105 Jan. 51106 Feb. 25.Buffalo City Gas 1st .5s_ _ _1947 A - 0 4,000, 25 25 Feb. 8 25 Feb. 8 25 Jan. 271 25 Jan. 27Consolidated Gas cony 09_1020 Q - F 151,0001 126% Sale 12234 Sale 1205% 122 121 Feb. 24 124 Feb. 8 121 Feb. 24 12014 Jan. a;Detmit City Gas Cog 58_1923 J - J 6,000,101 Sale 10234 10234 101 102% 1013% Feb. 28 101% Feb. 28 101 Jan. 3 10234 Jan. 27Detroit Gas let cons g 5s_ _1918 F - A I99 99 9834
103% Sale 103% I Detroit Edison Co let 5s__1933 J - J 22,000 103% 103% Feb. 1 104% Feb. 21 103;4 Jan. 11 101% Feb. 211st & ref 5s, Series A_ _ _1940 M- S 3,000 10034 101 10134 Feb. 16 10134 Feb. 18 10134 Feb. 16 1013% Feb. 18Eq Gas L Co N Y con g 5s_1932 M- S
1 Gas Sc El Co of Bergen Co 55 '49 J -D 100 110034 10034 Hudson Co Gas 1st g 6s___1949 M-N 102 1103103 10334City, Mo, Gas 5s1922 A - 0 91 91
103 103% 91 Jan. 18; 91 Jan. 18Kings Co E L & P g bs____1937 A- 0 1,000 1025% 10374105 103 10434105 Feb. 24,105 Feb. 24!105 Feb. 24'105 Feb. 24Purchase money 6s.____1097 A - 0 27,000 115 12034 113 1173.4 116% 120% 116 Feb. 51163% Feb. 23: 11434 Jan. 3111634 Feb. 2311992252 51M --- SS Convertible deb Os
10,000 125 128 12i% 128 118 1 Convertible deb 6s 126 129 128 Feb. 3:128 Feb. 3, 128 Feb. 3 128 Feb. 3Ed El II1 Bkn 1st con g 45.1939 J - J 5,000 86% 8634 88% 88 88% 88 Feb. 241 883% F eb. 26; 88 Feb. 24! 88% Jan. 26.Gas Lac G L let g 5s___May 1919 Q - F 36,000 101% Sale 101% Sale 102 Sale 1015% Feb. 24 102 Feb. 3; 10194 Feb. 24 102 Jan. 21Refund & ext 1st g 5s_ 1934 A - 0 14,000 10134102 101 101341013% Sale 101 Feb. 161013% Feb. 25 1007% Jan. 8 102 Jan. 12Milwaukee Gas Lt let 4s1927 M-N 21,000 92 9234 9134 9134 9234 9394 9134 Feb. 3 93 Feb. 16, 9134 Feb. 3,' 93 Feb. 16Newark Cons Gas cons 5s g 19481 - D 10334 1035% 1 ! N Y Gas El Lt II Sc P 5s__1948 J - D 134,000 104% 105 104% Sale 105 105% 104% Feb. 1 105% Feb. 21, 104% Jan. 6 10534 Feb. 21Punch money coil tr g 45_1949 P - A 104,000 84;4 85 85% Sale 86 86% 85% Feb. 1 87 Feb. 23, 85 Jan. 4' 37 Feb. 23Ed El Ill let cons g 5s___1995 J - 3 10734 107 • 108 1 I NY&QE1L&Plstcg5s 1930 F- A 1,000 100% 101% '101% Feb. 2310134 Feb. 2310134 Jan. 22 10134 Jan. 22Pacific G Sc Elec-Cal G Sc E
Corp unifying & ref 58 __1937 M- N 103,000 98 Sale 897% Sale '
111119000(0300303118: Sale 1 97% Feb. 1 98y, Feb. 11 975% Jan. 291 9834 Jan. 7Pacific Pow Sc Lt let & ref 55 '30 F - A 15,000 91 93 93 Feb. 17 93% Feb. 17 93 Feb. 171 93% Feb. 17Paterson Sc Passaic G&E5s1940 M- S 100% 100% I i 1115 Jan. 25 115 Jan. 25
People's G a 8 & C -1st 6s__1943 A - 0 113 115 1151947 M- S 22,000 10234 102% uny 10m 114% Refunding gold 5s
101% Sale 101% Feb. 29 101% Feb. 25 ,101% Jan. 26 102% Jan. 5Ch Gas L Sr C 1st gu g 54 19371 - J 4,000 102% 103 1027 103 102% 10234 Feb. 211025% Feb. 18'102% Jan. 101025% Feb. ISConsum Gas Ch lst gu g 55'36 J -D 101 100 101 Jan. 10 101 Jan. 10Ind Nat Gas Sc 011 ref 55_1936 M-N 1 Mut Fuel Gas let gu g 51 1947 M- N I 100% 1005% 10034 Jan. 29 10034 Jan. 29Phila Co cony deb 65 1019 F - A 96 98 s963% Jan. 4's96 34 Jan. 4Cony deben 5s g 1922 M-N 8,000' R,i
Sale 91 97 93 9334 92% Feb. 17 93% Feb. 19 0234 Feb. 171 9334 Feb. 19Stand Gas & El cony s f (35_192(3J -D 64,000 9934 Sale 993% Sale 9934 Feb. 110034 Feb. 10 9834 Jan. 310134 Jan. 17Syracuse Ltg Co let g 5s 1051 J -D 100 10074 100 993% Jan. 12 10034 Jan. 24Syracuse Lt Sc Pow 5 f 5e _1954 J - J 84 84 84 Union El L Sc P let g 5s .A032 M- S
Refund 58 1033 M-N Utica Elec L & P let 5 f 55 g 1950 J - J 10234 10234 10231 Utica G & El ref & ext 5v__1057 J - J Westchester Light gold 85_1950 J -D 4,000 1033% 10494 10134 10194 Feb. 18 105 Feb. 2410434 Feb. 18 105 Feb. 24Miscellaneous BondsAdams Express coll tr g 48_1948 M- 13 48,000 84 Sale 8434 85 83 3434 8434 Feb. 28 85 Feb. 16, 84 Jan. 3 8534 Jan. 28Alaska Gold M deb Os A 1925 M- S 29,000 117 Sale 114 101 Sale 101 Feb. 29 110 Feb. 23;101 Feb. 29 117 Jan. 3Armour & Co let real eat 4345'39 J -D 257,000 9234 9334 9434 Sale 9434 Sale 945% Feb. 29 95 Feb. 25 9334 Jan. 4 95 Feb. 25Bush Terminal 1st 4s 1952 A -0 41,000 85 8834 85 8734 873,4 88 8734 Feb. 11 89 Feb. 25 8634 Jan. 5 89 Feb. 25,1955 J - J 39000 88 90 87% 88% 01 92Consol 58
873-4 Feb. 2 92 Feb. 18 8794 Jan. 13' 92 Feb. 181Buildings 55 gu tax ex Ign ili:o 128,000 8734 88 88% Sale 89 Sale 88% Feb. 1 90 Feb. 5 8734 Jan. 19, 90 Feb. 5Chile Copper cony. 7s N 731,000 13434 Sale 13134 Sale 13034 Sale 13034 Feb. 813334 Feb. 14' 13034 Feb. 813534 Jan. 5Computfng-Tab-Rec 8 f 63_1941 J - J 39,000 83 Sale 83 Sale 83 833% 81 Feb. 11 8334 Feb. 51 81 Feb. 11 85 Jan. 24Comstock Tunnel inc 4s 1029 M-N GranbyConM S & P let 68_1928 1$1-N 81,000 104 105 10734108 10034107 10634 Feb. 24'109% Feb. 1010434 Jan. 11,10934 Feb. 10Stamped 1928 M-N 178,000 103 104 1073% Sale 1063-4 107 1074 Feb. 1 109 Feb. 14110334 Jan. 4;10934 Feb. 14Great Falls Pow lst s f 55_ _1940 M-N 53,000 9934 Sale 100 Sale 101 9994 Feb. 14 100 Feb. 19, 993% Jan. 3,100 Jan. 25Inspiration Con Cop let 65.1922 M- S 370,000 184 Sale 176 Salo 180 Sale 176 Feb. 1 189 Feb. 14' 174 Jan. 31,1913-4 Jan. 131919 J - J 47,000 5-year cony deb 65 180 Sale 180 Feb. 2 190 Feb. 14 174 Jan. 31,192 Jan. 13Inter Mer Marine col tr 4%8'22 A - 0 5,4,75u2 fa% Sale 101 102% 95 98 95% Feb. 281025% Feb. 2, 95% Feb. 23102% Jan. 27Certificates of deposit Sale 1003,4 Sale 9534 Sale 9534 Feb. 28,1025% Feb. 2 953-4 Jan. 7110234 Jan. 27Int Navigation let s 1 bs__1929 P - A 49,000 913% 9234 9934 Sale 94 95 95 Feb. 24 9934 Feb. 1 913% Jan. 111 993/3 Feb. 1Montana Power lstetref s f 58 A J - J 227,000 9534 Sale 06% Sale 97 Sale 965% Feb. 28 97 Feb. 25, 953-4 Jan. 3 97 Jan. 13Mortgage Bond 45 lier 2___1966 A - 0
10-20-yr 6s, ser 3 1932 J - J 12,000, 90 89434 Sale 94 9534 91 Feb. l' 9434 Feb. ll 94 Jan. 21 9434 Jan. 31Morris Sc Co let A 1 430-1939 J - J
72 74 705 9134 93 N Y Dock 50-year gold 4s_1951 F - A 75 1 7534 Jan. 13 7534 Jan. 13Niagara F Power 1st 5s_ __1932 J - J 6,000, 1005% 10034 10234 104% 101% Feb. 18 1015% Feb. 18 10034 Jan. 11 1014 Feb. il8Niag Lock& Ont Pow 1st 55_1954 M- N 10,000; 92 937-4 92% Feb. 21 9234 Feb. 211 924 Feb. 21 925% Feb.121Ontario Pow N F let 5s___1943 P - A 56,000
1 ; 94 95% 94% 947% 95 95% 947 Feb. 3 9534 Feb. 19 94 Jan. 12 95% Feb. 19Ontario Transmission 5s__1945 M-N 80 90 85 90 1 Pub Ser Con N J gen 50-yr 5s '59 A - 0 107,0001 90 Salo 903,4 Sale 0034 Sale 897% Feb. 18 9034 Feb. 2411 897% Jan. 4 90% Jan. 20-91erra Sc SF Power let 65_1949 F - A 1 Tennessee Copp 1st cony 65 '25 M-N 40,0001 124 Salo 11914 120 11934 120 11934 Feb. 28 1215% Feb. 14
1119% Jan. 31 125 Jan. 5Wash Water P let 30-yr tis 1939 1 - J
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
Telegraph and TelephoneAm Tel & Tel coil trust 4&1929J
Convertible 48 193620-year convert 4%s_....1933
Cent Diet Tel let 30-yr 58_1943Commercial Cable 1st g 4s_2397Cumb T & T 1st & gen 5s- -1937Keystone Telephone 1st 50 1935Met T & T 1st s f g 58 1918Mich State Telep 1st 20-yr 58'24N Y & NJ Tel gen 58 1920,MNY Tel 1st & gen s f 43.5_1939M-Pacific T & T 1st 58 1937South Bell Tel & T lets f 58 '41West Un-Coll tr cur 5s_ 1938Fund & real est 4%s g 1950No W Tel gu fund 4%ff g 1934
Manuiacturing & IndustrialAm Ag Chem 1st cons 5s 1928
Convertible deb 58 1924Am Cotton 011 deb 5s 1931Am Hide de L lets f g 60-1919Am Ice Securities deb g 6a_1925Am Smelters Securities 68_1926American Thread 1st 4s 1919Am Tobacco 40-year g 68-194445 1951
Am Writing Paper 1st s f 551919Baldwin Loco Wks 1st a f 15s '40Beth Steel 1st ext a f 5s 1926
let dc refund 513 gu ser A_1942Central Leather 20-yr g 5s_1925Consol Tobacco 50-yr g 48_1951Com Prod Ref g a f 5s 1931
lst 25-yr s 1 5s 1934Cuban-Am Sugar col tr 65_1918Distillers' SC cony let g 50 1927E I du Pont Powd 4%8_1936General Baking 1st 25-yr 651936General Elec deb g 3%5_. _1942Debenture 55 1952
Illinois Steel deben 4%e 1940Indiana Steel 1st 5s 1952Ingersoll-Rand 1st 5s_Dec 1935Int Agile Corp lst&coll tr 5s_'32Internet Paper let con g 6if 1918Cons cony s 1 gold 5s 1935
Int Steam Pump 1st a f 59_1929Certifies 'es of deposit
Lackaw Steel 1st cony 5s.._1923let cons 55 Series A 1950
Lig & Myers Tob 78 19445s 1951
(P) Lorillard Co 78 194458 1951
Mex Petrol Ltd cony 6s 11121let lien de ref 6s Series C_1921
Nat Enam&Stpg let 20-yr 58'29Nat Starch 20-year deb 5s_1930National Tube 1st 5e 1952N Y Air Brake 1st cony 68_1928Railway Steel Spring-Latrobe Plant 1st s f 58_1921Inter-ocean P 1st s f 5s 1031
Repub I & S sink fund 5s_1940Standard Milling 1st 5s 1930The Texas Co cony deb 68_1031Union Bag & Paper let s f 5s '30U S Realty & Imp deb g iSs 1924U 8 Red & Ref 1st s f g 63_1931U S Rubber 10-yr col tr 69_1918U 8 Steel Corps f g lis Apr 1963
Registered Apr 1963Va-Car Chem let 15-yr 5s..1923Cony deb s f as May1924
Western Elec let 5s Dec 31 1922Westinghouse Electric & Mfg-Cony da issue 1915 1931 10-yr coll trust notes 513_1917Coal and iron Bonds
Buff & Susq I a f 58 1932Deb 5s Jan 1926
Col Fuel & I Co gen a f g 5s 1943Col Indus let coil tr 5e gu_ _1934Consol Coal Md 40-yr 5s....1950Continental Coal let a f 58_1952Jefferson & Clearf 1st 5s___1926Kan de Hock C&C 1st gu 581951Lehigh C & Nav s f 4%s A 1954JPocahon Con Coll 1st a f 5s 1957Si L R Mt & Pac 5e stmp'd 19553Tenn C I &RR gen 5s____1951Birm Div 1st cons as____1917Tenn Div 1st g 6s Jan 1917Cah C M Co 1st gu g 68_1922
Victor Fuel let s f 58 1953Va Ir Coal & Coke let g So..1949
- JM- SM- SJ - DQ - J J - JJ - J M-N F -A-N N
J - JJ - JJ - JM-NJ - j
A - 0p -AM- NM- SA - 0F - AJ - JA - 0 F - AJ - JM-N J - .1M-NA - ()F - A M- NM-NA - CoA -0J -DJ -D F - AM- SA - 0M-NJ - j M- NF - AJ - jM- S
A - 0M- 8A - 0F - AA -0F - AA - 0A- 0J -DJ - J M-NM-N
a On the basis of $5 to the £ sterling. b On the basis of four marks to 9ne dollar. c let installment paid. d Full paid. e Second installment
paid. Option sales. u This was a sale made "Seller 4 free." y Bonds ' when issued." z Flat price.
• STOCKS-PRICES AND SALES FOR FEBRUARY AND THE YEAR TO DATE.In accordance with a rule of the Stock Exchange effective Oct. 13, all stocks are now quoted dollars per share. All quotations in these tables
have been reduced to that basis.Prices are on baste of 100-share lots. Exceptions of stocks which sell only in a email way are noted by the letter a. Option sales are disregarded.
a Less than 100 shares. b Ea-rights. c Ex-div. & rights. d 1st paid. s 2d paid f Full paid. g 3d paid. is Ex-stock div. Quoted ex-dividend during the month and prior to this date. k Stamped extended. n Trust receipts. • P.* $9. 4th paid. is Fifth paid. a Ex-dividend.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
34NOTICB.—All bond prices are now "and Interest" except where marked "1" and
Income and defaulted bonds.
GENERAL QUOTATIONSBONDS AND STOCKS.
I. In the following thirty pages of tables, quotations are given for all the more important securities listed on anyStook Exchange in the United States; also for leading unlisted and inactive securities.
2. Quotations from all Stook Exchanges are as near as possible for the closing day of the month preceding the date of
issue. As the New York Stook Exchange began with Jan. 2 1909 to quote all bond prices "and interest," we have adopted
the same method, and no longer employ a designating mark to indicate the fact except where there Is a deviation from
this rule. The reader will understand, therefore, that unless the letter "f" is prefixed to the price, he must pay accrued
interest in addition to the price. This, however, does not apply to income bonds or bonds in default, in which oases the
price includes the interest, should there be any.3. The letter "I" prefixed to bond prices denotes that the quotation is a flat price—that i
s, 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 stook prices, which are quoted
per share unless otherwise stated.6. It should be borne in mind in the use of these tables that the quotations for many inact
ive 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.
RAILROAD BONDSBonds of companies consed atoften under the consolidated name.Adirondack—See Del & HudsonAkron & Barb Belt g 4s '42_J&D 90Alabama Cent—See South'n RyAla Gt South 1st 5s Dec '27_J&J 90Gen M 5s Dec 1 1927 £__J&D l-ist cons g 55 1943 Ser A_J&DI 99Eq 4%s g May 1916___M&N1bBelt Ry of Chatt 5s 1945...hirj
Ala Midland—See Atl Coast LinAlabama N Orl T & P June—"A" deb 55 g '40 red '10_ MA N If "B" deb g 58 '40 red '10_M&N If "C" deb g 5s Nov 1 1940_A&O If
Ala Tenn & Nor 5s 1956__A&O Ala cfc Vick—Con g 5s 1921 A&O 1002d consol g 55 192E _A&O 100\licks & Mer 1st g 6s '21_ A&O 101
Albany & Susq—See Del & HudAllegheny Valley—See Penn RRAlleg & West—See Buff R & PAllentown Term 4s g 1919.. _J Jci 99 100Alton Bridge—See St C M &StLAnn Arbor 1st g 48 1995___Q-J 62% 65Arkansas Oklahoma & West-
1st g 6s Jan 1 1947 J&J Aroostook Northern—SeeBangoir & Aroostook .AroostookValley—See Canadian Paz.Asheville & Spartanburg—S U &Col 1st m g gu 45 1995_ _J&J 88
Atch & East'n Br-4s 1928_J&J 80Atchison Topeka & Santa Fe—Gen mort gold 48 1995__A&O 94%Adjustment 4s July 1 '95_ Nov Stamped MAN 87
Cony g 45 1955 opt J&D 10334Cony g 4s 1960 J&D 1033Bonds g 55 1917 J&D 101Trans S L 1st g 4s 1958 ...J&J OOYáCal-Ariz lst&rf 43.s'62opM&S
Series B E Okla Div 1st g 4s '28_M&S 95%Hutch & So 1st g 58 1928_J&J 100Rocky Mt Div 4s 1965.J&J 86 88San Fran & San Joaquin Vail-
1st g 5s Oct 1 1940_ __A&O 107 108Santa Fe Prescott & Phoenix
1st g 56 1942 M&S 102% 105Atlanta Birm & Atlantic-
1st M g 5s Jan 1 1936 op_J&J f Col tr notes5s'10ext to'15M&N 30Atl & Birm 1st g 5s 1934_J&J 82
Atlanta & Charl A 1,—See South ern Ry.AU Knox & Cin—See Lou & NasAtlanta Knoxv & Nor—See Lou isv & N ashAtlantic & Dan—See South RRAtlantic City—See Reading CoAtlantic Coast Line Co &Conn—Certs Indebt 5s irredeem J&D 1 100 102Certs Indebt 4s opt 1920_J&J I4s1925 opt 1910 JAJJ 90 92
Atlantic Coast Line RR-1st cons 4s July 1 1952 M&S 91%Col tr g 4s Oct 1 '52 opM&N 86%Cony deb 45'39 op '16 MAN 92%Unified g 48 1959J&D 89Gen unit Ser A 438 '64.J&D 91%Eq 48 Sept '16-Mar' 17 M&Sb 4Eq 4%5 Jne'16-Dec'21J&D b 4% 4.40AlaMid—lst gug5s'28M&131 106j Atlantic Coast Line of SC—Gen 1st g 4s July '48_J&J 91A N E of S C 68 1933__J&J 110
Brun & West 1st 48 '38_J&J 94% Cent of So Car 6s '21__J&J 107Char & Sav gen 7s 1936 J&J 133% Fla So 1st g gu 4s '45__JcIrJ 88Nor & Car 5s 1939__A&O 104Pet'b'g—ClassA5s g'26 J&J 104
Class B 6s g 1926A&O 110Rich&Peters 1%s1940_ A&O 05Say Fla& W 1st g Os '34 A&O 122
1st M g 5s 1934_ A&O 1083j Silver Spgs Ocala & Gulf-
4s g 1918 J&J 99Wil A Wel gen g fis '35_J&J 106Gen mort g 48 1935 _J&J 93
Atlantic & Yadkin—See Southern Ry.Augusta South—See South Ry_Aug Term—See Charl & W CarAustin de Northw'n—See So PeeBait Ches & Atlan—See Pa RR
si-Oii993%
el 92kl 7081 68%
90
94%878738104A104m101%9198%
14587
9387%930092%
4.400
Bonds Bid. I Ask. Bonds Bid. Ask.
Bait & Cumb Val RR 6s'29_J&J Ex 1st M (Is July1931___J&J
Salt & Harrisb—See West MdBaltimore & Ohio—
Prior lien 33%s g 1925__J&J1st M 4s g July 1 1948__A&OCony 44 81933 red 1923 M&SRef & gen 5s 1995 Ser A_J&D43%% notes June 1 1917_J&D43%% notes June 1 1918_J&DEq g 43%s 1917-Feb '22 _ FAA Eq 43%s 1916-1923 _A&Ob4.25%
Buff & Susquehanna RR Corp-1st 4s Dec 30 1963__ J&J
Burl Ced Rap&No—SeeCRI&PBurl A M. (Neb)—See C B & QButteAna,conda & Pac 5s '44 FAACalifornia N W 5s 1928 gu_ A&OCam & Clear—lst 5s g '41..I&JGen M g 4$ 1955 FAA
1 5f 10
78
973%1013%104913%
12
80
981023410603
Pitt Jc&M div3349 g"25M&N1 91% 923% Canada Sou 5s 1962 ser A_ A&O 103 1043%
Pittsb Lake Erie & W Va— Can No—Land gr 45 1019F& A
Refund gold 4s 1941__M&N 883% 883% 1st con deb 4s 1930 gnJ& D3011 kl 703%
S W div 1st g 33%s 1925__J&J 913% 913% Coll tr 5% notes 1017 _ M&S 993% 100%
Central Ohio— . Eq 43%s various__ _ _ 6% 54%Reor 1st con g 43%8'30M&S 100 Manitoba SE 1st 4s £'29 FAA
Monon Riv 1st g 5s 1919 FAAOhio RivR.R—lst g 5s'36J&D
1st M 5s g Jan 1 1943_ _J&J 99 101 Elkh Ext 5% notes 1917_ MAN 97
Cons refund g 4s 1951 _J&J 64 67 Carthage & Adiron—See N Y C
Medford Ext 5s 1937_ _MANPlscat Div g 5s Jan '43__A&O
8094
8596
Catawlssa cons g 4s 1948 _A&OCRIaF&N—SeeBOR&N
98 083%
StJohnsRivExt gu 5s'39 FAA 85 90 C R & Mo Riv—See Chic & N WVan Bur Ex 5s g Jan '43_ A&O 84 86 Cent Ark & East—See St L 5 WWashburn Ext 1st 5s'39 FAA 84 Cent Branch Ry—See Mo PaeAroostook Nor 5s g 1947 A&O 88 90 Cent Br U Pac—See Mo PeeNor Maine Seaport 55 '35A&0n 85 88 Central of Georgia-
Battle Cr'k & Stur—See Mich C 1st M g 5s Nov 1 1045._ FAA 10734
Beech Creek See NYC& 11 Riv. Cons void 5s 1945 MAN 101
Bellingham Bay & British Col- Eq 4 s Ser I 1916____ __JA.1 b4.10 % 2.90
1st g 5s Dec 1 1932 JAB 923% 95 Eq 53 er K Sept 1016-17M&14.10% 2.90
Bell A Caron—See Illinois Cent Chatt Div gold 4s 1951 _JAI) 8334
Belt RR & Stk Yds (Ind'pg's)- Macon & Nor g 5s 1946__JAI 1023%
1st ref g 4s 1939 MAN 94 97 Mid Ga & Ati 1st 5s 1917_ .1&.1 10134
Belt Ry of Chat—See Ala Gr SoJ Mobile Div g 5s 1945._. J&J 1023%
Belvidere Del—See Pennsylvania Oconee Div 1st g 5s 1945 JAB 99
131rm Belt—See St L & San Fr Chat R & South g 5s '47 .I.16.1 100
Birmingham & E 6s 1961 MAN 100 Eatonton Br 5s g 1926_ J&D 98
Birm Term 1st g 4s '57 gu_ M&S 843% 86 Ocean SS Cog gtd 58 '20...1&.1 08
Boca & Loyalton Os '23 op A&O Cent Indiana—See Cl Cin Ch &81 Louls
Boonv St Louts & Sou—See Mo Pacific' Cent Now Eng—See NYNH & Haat
Boston & Albany 5s Oct '63.J&J 1103% 113 Central of New Jersey-55 July 1 1938 J&J 108 109 Gen M (now 1st) g 58 '87 -J&J 117 118
43%s July 1937 14.14s May 1 1933 gu NYC.
109413% 102953
Am DAr Imp Co gtd 5s '21.J&JLeh & W B Coal con g 49
1033% 104
45 May 1 1934 gu NYC MAN 943% 053% 1920, 1925, 1930, 1935.J&D b4.50% 4.40%
4s May 1 '35 guN Y C_MAN 94 95 N Y & L Br gen 45 '41_ _ MA S 98 100
33%s Jan 1 1951 J&J 83 814 General gold 55 1941 M&S 99 100
Ref 3%s 1952 gu NYCA&O 833% 813% Central Ohlo—See Belt A Ohio
Bost & Lowell 43%s Feb '35.J&J .96 983% Central Pacific—See So Pacific45 July 1 1916 J t.1 99 -I Cent Verm 1st 4s May '20. _Q SO 82
4s Oct 1 1918 A&O 97 98 Charleston & Nor—Soe Caro AO & West
4s April 1932_ A&O 91 923 Charl & W Car 1st 5s '46__A&O 1033% 1013%33%s July 1 1919 JdeJ 953% 963% Aug Term 1st gu g Os '47.A&O 10533%s Jan 1921 Ma 94 95 Chateaugay Ry—See Del & ii
Boston & Maine-43%s g '44J&J 77 Chattanooga Sta 4s '57 gu_J&.I 81
4%s April 1 1929 A&O 84 Chesapeake & Ohio-4s Sept 1 1926__ ___M&S 827 1st cons g 5s 1939 MAN 1053% 107
4s Feb 1 1937 P&A 737 General 4s gold 1992_ M&S 92
4s Aug 1 1942 FAA 71 Cony g 43%s 1930 op '15_ FAA 8734 873%
3 Nov 1 1921 MAN 87 Gen fund irnpt 5s 1929 J&.1 97
33%s Jan 1923 J&J 843% 5% notes June 1919_ _JAI) 993% 100
38 July 1950 J&J 52 Car tr g 4s Ser H Apr'16.A&O 14 % %
PortsGtF&Con 43%s '37_J&D 92 Craig Valley 1st 38 g '40_ _J&.1 963% 98
Bos & NYAL--See isTYNII&H Potts Creek 4s 1946.. J&.1 86
Boston & Prov-4s 1918_ _J&J 983% R & A Div 1st con R 4s'89 J&J 853. 88
Boston Rev B & L 43%s '27_J&J 993% 2d eons g 4$ 1089_ _ J&J-_83%
Bruns A %V—See At Coast Line Warm Sp Val 1st Ss g '41M&S 02
Buff N Y & Erie—See Erie Elevator Co g 4s gu '38 _A&O 80
Buffalo Rochester dc Pittsburgh Big Sandy Ry 1st g 48'44.J&D 85
General 5s g 1937 M&S 109 1093% GreenbRy lsk_g gd 4s'40M&N 813%
Con g 43%s 1957 MAN 1023% Raleigh & 5 W 1st 4s '36 J&J n 80 85
Equip 4%9 Ser E 1022_ MAN 64.38'7_0 4.20% West l'ocCorplst4%9'45 FAA
Equip g 43%8 Ser F 1927_ A&Ob4.38 4.20 0 Chesapeake A Ohio Northern-Equip 4sSerO 1929__ __A&O64.38 % 4.20% 1st M 38 1915 guar__ _A&O 99 100
Al & West 4s g guar 1993A&01Clear AM 1st 5s g gu
923% 10-1
Chesterf'd & Lane 1st 53 '551?&A 95
Ro‘t & P 1st g 1921_ P&A 1073% Congo' 1st g Os 1922__J&D 1103% 1103%
0 j inb price includes accrued interest. b Last sale. a In London. a Nominal. s Sale price
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
MAR., 1916.1 RAILROAD BONDS. 3bNOTICE.—All bond prices are now "and interest" except where marked "V' and Income and defaulted bonds.
Bonds Bid. I Ask. Bonds Bid. Ask. Bonds Bid. Ask.
100%106%101%97104%
87%
95
83
110
78%83%79%57%649031%
756585
I Louis
100100
89%85
32
103
106
97
95
1045%
98106
thwest
102%
111110%867572%79%
4.404.404.40 04.40%100%101%90
10410834108%
104
98%9083%
Chic &A1ton1st3%s 1950 __J&JRR refund g 33 1949 __A&ODeb 5s 1922 subj to call_J&D Eq Assn 4%s 1916-18M &N
Chicago Burlington & Quincy--Gen M 4s 1958 Deny Ext coil tr 48 1022_ F&AIllinois D1v3%s'49op'29 JSz.1
4s July 1 1949 J&.1 Iowa Div s f 5s 1919____A&OSinking fund 4s 1919__A&O
Nebraska Ext 4s 1927_ _M&NSWDivsf 481921 M&SBurl & Mo(Neb) con6s'18J&JRepub Vail 1st Os 1919_ _J&JC B & Q joint 4s--See Gt Nor
Chicago & Eastern Illinois—Ref & Imp M 4s g '55 op_J&JU S Mtg & Tr ctfs dep
1st consol Os gold 1934 A&OGell consol 1st 5s 1937 M&N U S Mtg & Tr ctfStamped May 1 1915Stpd May '15 & Nov '15_
Guaranty Tr Co ctf dep_PurMlst lien coal5s'420pF&A Eq 5s Mar '16-'22 op__ _M&SCh & IC Ry—lst 5s '36_ J&JDanv&G Cr 1st M 6s '20M&N Ev TH&Chic inc Os '20_ M&N
Chic Gt West—Ist 4s 1959M&SChic Ham & West 1st 63'27 J&JChic & I C Ry—See Chic & E IllChicago Indiana &Southern RyCon mtge g 45 1956 guar_ J&JInd DI & la 1st g 4s 1950. J&J
Chicago Indianan & Louisville—Ref M g 68 1947 Ser A___J&JRef M g 55 1947 Ser B___J&JRef M g 4s 1947 Ser C _J&JGen M 5s July 1019 opt_J&JEq 43s Mar 15 '10-'21M&SEq 4%s Apr 15 '16221 A&015Eq 43s Aug '16-Aug '23_F&AIndianan & Lou 1st 4s '56J&JMonon Coal gu 5s '36 on J&D
Ch I & StL ShL—See CCC&StLChicago Lake Shore & Eastern—
lit M 4%s 1969 op 1919 J&DChic Milw & Puget Sound-
1st M g 4s 1949 guar J&J-Q-JChicago Milwaukee & St Paul—Gen g 4s A May 1 1989 _J&J Gen & ref 4%s Jan 2014 A&OCony .5s Jan 2014 Ser B F&AGen g 3%s B May 11989 J&JGen g 4%s May '89Ser C J&J
gold 4s July 1 1934__J&JCony deb 4%s '32 op '22 J&DGold bonds 4s 1925 op '22J&DChic & L Sup Div g 5s '21 J&JCh & Mo Riv 1st 59 1926.J&JCh & Pac WestDiv5s'21_J&JDubuque Div 1st Os 1920 J&JFargo & So g 63 ass'd '24_ J&JLa C & D Div 1st 5s 1919 .1.&.1Mil & Nor 6s ext at 4%'34 J&DCon6s'13extat4%to'34J&D
Wis & Minn Div g 58 '21...I&JWise Vail Div 1st 6s '20__J&J
Ch & No M—Seo Pere MarqChicago & North Western—Gen M 3%9 g 1987 M&NGen M gold 4s 1987_ M&NStpd non-pay Fed Inc Tax
Gen M 5s1987stpinc tax M&NSink fund deb 5s 1'J33 _M&NSinking fund 63 1929___A&0
58 1929 A&O30-year deb 5s 1921 _A&O 15Exton bonds 4s 1926_ _Fitr A 15Equip tr 4%s 1916-1922_A&0Cedar R & M 1st 7s 1916M&NBoyer Val 1st g 3%s '23_J&DDes Plaines Val 4%s '47 M&SFrem Elk & Mo V Os '33-A&OIa Minn & NWlst3%8'35J&JManitowGB&NW3%s'41J&JMashf ext 1st 111 53 '22 A&OMil Lake Sh &W Os 1921M&N
Mich Div 1st g Os 1924 .hic.)Ashland Divlst g63'25M&5Ext & imp s f g 58 '29_ P&A
MlISparta&NWlst4s '47M&SMil&StateLine Ist3%9'41J&JMinn & la 1st g 3%s '24 J&DN Un 78 g June 1 '17_M&SPeoria & N W 33s 1926 M&SPrin & Northw 3%s 1926 J&JSt L Poo & N %V 55, 1948_J&JSt Paul EastGrTr4%s '47 J&JSioux City & Pac3%s'36F&AWino & St P 1st 75 1916_J&D
Chicago Peoria & St. Louis—Prior lion g 4%s 1930 M&S
Chic Rock Is! & Pac Railway—General gold 4s 1988____J&J1st mtge Os 1917 J&JRef g 48 1934 op to 1011_ A&OColl tr g 4s Ser N 1916_ Wristdo do Ser 0 1917_M&N
_ _M&Ndo Ser P 1918-Deb g Its Jan 15 '32 op- J&J15
Bicrs Tr ctf der) stp July '15Stpd July '15 & Jan '16_
Eq 58 Ser 11 '16 '23Eq 43-s 1917 F&AEq 4%s Apr'16-Oct '19A&0Eq 4Ars May '1O'-25 M&NEq 4 s July'16-July '27_J&JC ( P Railroad 413102M&N
Central Trust Co .ctfs .ofdep Burl Cedar Rapids & North—Con lst&col tr bs g'34 A&O
Cedar Rap fa Falls & NW-5s gold guar 1921A&0
M&St L 1st gu g 7s '27 J&D Choctaw Oklahoma & Gulf—Gen M g 5. Oct 1 1910 [tIConsul gold 5s 1952 _ /IA&
It I & Pac Ry (Concd)-Choc & Memph 55 1949_ _J&JPeoria ItyTer 4s'37 gu op J&JR I Ar & La 4%s 1934_ M&SRock Isl & Peoria Os '25 _J&J St P & K C Sh L 4 %s'41 P&AKeo & Des M—lst 58 '23A&0
Chic St L & N 0—See Ill CentChic St L & Pitts—See Penn CoChic St Paul Minn & Omaha-Con 6s June 1 1930 J&DCon 6s red to 3%s 1930 J&D
Deb gold 5s Mar 1 1930 M&S Stamped
Ch St P & Mist g 6s 1918M&N• North Wisconsin-6s '30_J&JSt P& SC 1st g 6s 1919 _A&OSuper Sir L 5s June 1930 M&S
Chicago Terminal Transfer-Chic & Gt W 5s g 1936__J&D
Chic Terre Haute & Southeast-1st & ref g 5s Dec 1 '60opJdr D.Sou Indiana 1st g 4s '51_ F&A
Chicago Union Station-1st g 434s 1963 J&J
Chicago & Western Indiana-Gen gold Os Dec 1 1932_Q-MConsol g guar 4s 1952____J&J5% notes Sept 1917____M&S
Chic & West Mich—See Pere MChoc Ok & Gulf—See C RI &PChi Day & Iron gu 5s '41_M&NCin Find & Ft W—See Cin H&DCincin Hamilton & Dayton-General 5s gold 1942____J&D2d mtge gold 45%s 1937_ ..J&JGen M 45%s July 11930
C I St L & C—See CCC & St— Cincin Indianapolis & West-
1st & ref g 4s 1953 guar_ J&JInd Dec&W—lst g 53'35_J&J
1st guar gold 5s 1035_ _J&JCin Lob & Nor—See Pennsylvan Cinc & Musk Val 4s 19.18_F&ACincin N 0 & Texas Pacific—Eq 45%s May 1916 M&NEq45%s May 15'16-21 M&N15
Cincin North 1st g 45 1951_J&JCin Rich & W-7s g '21_J&DGin Sari & Cloy—See CCC& StLClearfield & Jeff—See Pa & N WClearf & Mahon—See B it & PCleveland Akron & Columbus-General gold 5s 1927____M&S1st cons guar g 4s 1940__F& A
Unguaranteed Cleve Cincin Chic & St Louis—General 4s gold 1093.. .._..J&DGen M 5s Ser B 1993___J&J
Deb gold 45%s 1931 J&J Eq tr 5s 1916-1929 J&J Cairo Div 1st g 4s 1939__J&I
C W & M Div 1st 45 g'91_J&JStLDiv 1st col tr g4s'90_M&NSpr&ColDiv 4s 1st g'40_M&SWhite WV Div 1st 4s'40_.T.IriCent Ind Ry gu 4s 1953_ M&NChic Ind & St L Sir Line Ry-
181 gold guar 4s 1953_A&0C I S L&CIst4s g Aug'36_Q-FCons f 63'20 [email protected]&N
CinSan&Clev con g 5s'28_J&JCloy Colum Cin & IndiananGen con gold Cs 1034.. _J&J
Id 131m & W ext 4s 1940_A&0Ind & St L 1st 7s 1919 A_J&J
1st 7s July 1919 Ser B_M&S1st 7s July 1919 SerC_M&N
0 Ind & W g bs Apr 1938_014 Pen & East cons 4s '40.._A&0
Denver & Rio Grande-1st con g 4s 1936 J&J1st con g 43%s 1936 J&JImprov't gold 5s 1928.. __J&D1st & ref g 58 1955 op__ IP& AAdj Inc 7s cum 1932 op _ _ A&ORio Gr June 1st gu 55 '39 J& DRio Gr So 1st g 4s '40.._ ..J&J
1st g 4s guar 1940 J&J Rio Gr West 1st 4s '39.. J&J
1st cons g 4s 1949 op.. _A&O Ut Ct 4s gu g Jan 1'17.. A&OUtah Fuel 1st 5s 1931_M&S
Des Moines & Ft Dodge—See MDes Moines Union 5s 1917 MANDes Plaines Val Ry—See Chic drDetroit Grand Haven & Milw-
1st Equip Os Nov 14 '18_A&O Con gu 6s Nov 15 1918_ _A&O
Det Or Rap & West—See PereM Detroit & Mackinac— Prior lien gold 4s 1995.. _J&D
7s 1st cons g fund 1920_ M&SPrior lien gold 4s 1096.. ..J&JGen lien gold 4s 1006.._ J&JCony gold 4s 1953 Ser A_ A&O
Series B 1953 A&O Eq 4s May '16-Nov '16 MAN
Eq g 45%s Aug'16-Aug'21F&AEq g 5s July 1916-1923 _J&JEq 4 %sSer B B Aug16-24F& AColl 5% notes Apr '16_ A&O55%% notes Apr 1917_ __A&OPenn coil g 4s Feb 1 '51_ FAABuff NY & E 1st 7s 1016_J&DBuffalo & Southwestern-
1st g 6s'08ext at 5%'18 J&J2d g 5s '08 ext to 1918_J&J
Jeff RI15s gri'09 ext to' 19A&0Chic & An Term 55 1918_J&JCh & Erie 55 1st g 1982_ MANCleve & Mah Val g 5s '38 HaErie & Jersey s f Os 1955 J&J
I Genesee River Os 1957 ..J&JI Long Dock Os con g 1935 Adr0
Newt) & N Y 1st 5s 1929_J&JNJ&NY 1st Os 1910—Ext at 5% to 1950_ _ _ _M&N
NY&Gr Lake gu g 53'46 MANNYLE&WC&RR-
1st Os curr guar 1922_ MAN N Y LE &W D & I 1st Os '13
Extended at 5% to '43 .ht.1 N Pa & 0 p 1 4%s '35 M&S N Y Susq & Western-
1st refunding 5s 1937.__J&J24 mtge 45%s 1937____P&A Gen mtge 5i) g 1940_ __F&ATerm 1st g Is 1943.. __M&NMidland of N J 1st 69_1910ext at 5% to 1940_ _ A&O
Wilkes & E 1st g 5s'42 J&D Erie &Jersey—See Erie RR
Erie & Pittsb—See Penn RR—European & N A—See MaineEvans Rend & Nash —See Leers
84
1003%1061015%961043%
87%
80
1123% 100
875%
1091035% 983% 10084
77%837957%6285333576
7582
inn & S99%
N W
8080
83102%103103104
95%
92
101
965%104
o & Sou
9595989595% 101%99% 102% 94% 110%11085%74%71%
b4.50%b4.50%b4.50%b4.50%1001013%893%101
100% 9590901063% 103%108%108122% 95
951005%
1005%
1043% 965%
975%
801055%
10488
CentralA Nash
Basis. f This piles includes accrued Interest. k Last sale. 1 In London. n Nominal. e Sale price.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
36 GENERAL QUOTATIONS [VoL. 102.NOTICB.—All bond prices are now "and interest" except where marked "1" and ncorne and defaulted bonds.
Bonds. Bid. Ask Bonds. Bid. Ask. Bonds. Bid.
103
80%
my109,
s94341034
b4.20%88108%
101115%10989106107% 62% 106%107%105% 87%102%100%
76%84106
97% 108%107102M9699
10099%10169291
968994
77p. 50Northe
77
55
103
70
55
9380
& NW
11110088%6147M88608756
93%
b4.35%97%
9234 nt&M91%
a 99%
f 7446
5139
60b5.60%
60
6188%
I 6052
00
10081
/ 89898287
Ask.
104
112
05%105%4%89
115%
90
112
89%103
8587
109%
1033498100
100%102%
95--
80
ru
858140
61
104%
78
75
9688
115
90%625595
88%59
93%
4.12%97%
93
754(SM525239%
10)5.J O%51
7675
88%
5160
57
iso
100%
89
Evansville & Indianapolis—Consol g guar 6s 1926_ __J&JEv dr In let g gu 6s 1924_J&J
Evansville & Terre Haute—let cons gold Os 1921____J&Jlet gen be gold 1942____A&ORefund M 5s July 1041__J&JMt Vernon 1st fie g 1923_ A&O Sul Co Br 1st g Os 1930_ _ A&O
E T H & Chic—See Chic & E IllFargo & So—See Chic M & St PFitchburg-5s Jan 1 1934 _J&J43e ref 1928 M&NOis Jan 1933 J&J4.5 July 1 1916 J&J48 refunding 1925_ ____M&N4s refunding Mar 1927__M&S4s refunding 1927 A&O48 Jan 1928 J&J3s Oct 1 1920 Adr033s Oct 1 1921 Adr0Troy dr Boston-7s 1924_J&J
Flint & PereMarq—SeePereMarFla Cen & Pen—See Seab Air LFlorida East Coast 43s '59 J&D Florida South—See Atl Coast LFlorida West Shore 5s 1034_J&JFonda Johnstown & Gloversv-
1st cons ref'g g 4s 1947_J&JGen ref'g gold 4s 1950.. J&J1st con ref 4Ms '52 opt_M&N
Fort Dodge Des Moines dr Sou-1st bs 1938 J&D
FtSmith&West 1st g 4s'54_A&OFt Worth & Den C—See Col & SFt Worth & Rio Gr 4s 1928_J&J Fre Elk & Mo Riv—See C &NWGaiv Ear & San An—See So PacGenesee River—See Erie RRGen & Wyo 1st g 5s 1929_ _ A&OGeor & Alabama—See Seab A LGeorgia Car & N—See Seab A LGeorgia Coast & Piedmont-
Ga Sou & Fla 1st g be 1945 J&JGettysburg & Har bs gu '26A& 0Ulla Val Globe & Nor—See SouOr Rap Be! dr Sag—SeePereMarGr Rap dr Ind Ext 4s '41_J&JMuskegon Div g be 1926_J&J
Grand Trunk West 4s £ '50_J&J 1st g gu 45 8 July 1 1950_J&J
Great Northern—C B & Q coil tr g 45 1921_J&J1st & ref g 434s 1961 op'41J&J
Great Northern Ry of Canada—Con 48 1934 opt to 1914_A&0
Green Bay & West deb ctfs ADeb ctfs B
Greenbrier Ry—See ChesapeakeGulf & Ship Island RR-
1st ref & term g beFeb'52.J&JGulf Terminal of Mobile-
1st mtge g 4s 1957 gu___J&JHartford & Conn Western-
1st ext g 43.e July 1 1923.J&JHenderson Br—See Lou & Nash
2525
f 90M f 60
10
99043 93% 9991% 90% 908 90% 93913% 113
92
7837578
93%
7434
25
103102851023.101
Pacific
98%50
lfIf
08%99
63
10M& Ohio
83%
80
98
95101%
b 4.38b4.38%84% 84
a RR
90
92acificaelfle
7473%
I 30%101
n80n60n55
Bait &
84%85%8090868289
64.25%6.4.25%
9271%8010069%8134 69783488
10881%
b4.35%88%90
104% 8886
5050
9592
93%
85-83
96
66%
78%
8535
103103
99
al 69%al 73
9999%
8011
85
98101%4.20%4.20%
95
95
807430%
857060
Ohio
97%86%8634
90%86%82%89%
102%44 .1,,
74
-7234
76%83
109
4:hk89%
95%
Ind Dec dr West—See Cin I & WIndiana Ill & Ia—See Chic IndInd & Louis-sr—See Ch Ind & LInd St 1,—See C C C & St L—Indianapolis Un 4345 '26 M&N
Gen & ref g 5s 1965 Ser A_J&J Interboro-Met 1See Street & El
Inter Rap Trani Ry SecuritiesInternational dr Gt Northern-
1st g 6s 1919 M&N5% notes Aug. 1 1014.... _F&A
Col Riv Bridge 78 '20. _M&N Internet Rys (Central America)
let M 58 1972 opt_ M&N Iowa Central—See Minn dr St L
Iowa Falls&SC—lst 75 '17.A&OIa Minn & N W—See C &N WJacksonv Ter 1st 5s gu '39_J&J Jamestown Frank & Clearfield-
1st g 4s 1959 guar J&DJefferson—See Erie
Joplin Union Station-1st g 4Ms 1940 guar op_ M&N
Kal Al & G R—See LS&MSKanaw & Mich—See Tol & 0 CKankakee dr S W—See Ill Cent
Kan City Belt 1st (is 1916_ _J&JKansas City Clinton dr Sp-
1st be gold 1925 guar_ _ _ A&OKansas & Colorado Pacific—SeeKan City Ft Scott dr Memphis—Refdg g 48 1936 guar_ __A&OCons 6s 1928 M&N
Current Riv 1st Os 1927_A&OK C Mem & 13ir 4s 1934_ M&SIncome 5s Mar 1934 Sept 1
Assented M&S Ctrs of deposit
Kan City dr Mem Ry & B—lst bs gold 1929 A&O
Kane dr Mo—let be '22 F&A Kan City & Mem be 1961_M&N Kansas City Mexico & Orient-
1st gold 48 1951 F&A 6% notes Apr 30 191&. ..A&O
Kan City & N VV 1st g be '33 J&J Kan City & Pac—See M K & TKan City St Jos & Council 131—
Nodaway Val let 7s 1920 MD Tarkio Val 1st 7s 1920„J&D
Kan City Southern-1st gold 38 1950 A&ORef & imp't Os Apr 1 '50_J&J
Kansas City Terminal Ry—let g 4s 1960 op 1930_ _ „Jda
K C Viaduct & Term Ry let s f4%e Sept '34 op '30 rets_J&J
Kan City Wat dr Gulf—See St LKentucky Central—See L & NKeokuk & Des M—See C R I drKnoxv & Ohio—See South'n RyLake Erie & Western—
let gold 5s Jan 1 1937___J&J2d g be July 1 1941 J&JNo Ohio lst gu be g '45_A&O
Lake Sh & Mich So—See N Y CLeavenw'th Term Ry & Bridge
let M gold 5s 1923 Lehigh & Hudson River RR-
2d M 5s July 1 1917 J&J Gen g be July 1 1920 guar J&J
Unguaranteed Lehigh & Lake Erie—See LehighLehigh & New England—
let M g be 1945 J&JLehigh Valley-
1st 6s ext g 4s 1948 J&DCon M as ann reg Irred_J&DCon M 6s R gold 1023.. J&DCon M 4%e C 1923 J&DCon M 4Ms ann Irred_J&DGen cons gold 4s 2003 M&NGen con g 4348 2003_ _ __M&NCol tr g 4e Aug'16-Feb'26F&AEaston & Amb be 1020.., M&NLehigh & Lake Erie-
1st 4Me 1957 gu M&SLehigh & N Y let 4e '45_M&SLehigh Valley Coal—
let be gold guar 1933_ J&Jlet 40-year gu int red to4% 1933 Ha
Lehigh Valley Ry of N Y—let 434e gold 1940__J&J
Leh Val Term 5s 1941__A&OMiddlesex Val let be '42 M&NPa&NYCanal con be '39 A&C)Con Al 4Ms 1939____A&OCons M 4s 1939 A&C)
Lehigh dr Wilkes—See Cent N JLeroy & Caney Val—See Mo PaLex & East—See Loulev & Nas
Litchfield & Mad let be '34M&N Little Miami—Gen g guar 4e 1962___M&N
Little Rk & Hot Sp West Ry—let g 4s 1939 guar J&J
Little Rock Junct—See St L ILong Island—
Unified gold 4s 1949____M&SRefund g gu 4s 1949_ ___M&S
2d mort 78 1918 F&Alet cons g 5e July 1 1931_Q-Jlet cons g 4s July 1 1931_Q-JGen mort g 4s 1938 J&DFerry 1st 4%s con g 1922M&S4e gold 1932 J&DDebenture gold be 1934_J&D Montauk Ext Os 1945___J&J
Brook & Mon 2d Os 1938 J&DL I C'y & F con bs 1937 M&NN Y Bay Ex R let be g'43J&JN Y B'klyn dr Man Beach let
Louisville dr Nashville—Gen mort gold 6s 1930_ _J&D50-year gold 5e 1937__ M&NUnified gold 48 1040_-__J&JColl tr gold 5s 1931____M&NEquip be J'ne 1916-1923_J&DAt K & Cin div 4s 1955.. M&N
Atl Knox dr Nor let 5s'46J&DConsol gold 4e 2002.... M&S
Lou C & Lex 4Me g '31_M&NN 0 & Mob let g 68 1930-J&J2d gold 6s 1930__ _ _J&J
Pad&Memdivlst 48 '46_F&A Pensacola Div 1st 6s '20_M&S
St Louis Div 1st g Os '21_M&S2d 3s 1980 M&S
S E & St L div Os 1921_ M&SE H & N 1st es 1919 J&DHenderson Br fle g 1931_M&SKent .Central-4s g 1987_J&JLex & East 1st 55 1965_ .A&0L&N Mob&Mont4 %e'45M&SLouisv & Nashv South'n joint
gold 4e 1952 J&JL&N Term 1st g 48'52 gu J&DNaa F & S let gu g be '37_F&ANewport & Cincin Bridge-
1st Mg 4Ms 1945 guar_J&JPenn dr Atl 1st 6sgu '21 F&AS dr N Ala Con M g 5s '36 F&AGen con gu g 5s 1963 A&O
Macon Dub & Say 5s 1947 J&JMacon Terminal Os 1965 J&JMahoning Coal—See LS&MSMaine Central-Coll tr Os '23J&D
let & ref 4Ms 1935 J&D 5% notes 1919 ___ __M&N
Eur & N A 4s gold 1933 _J&JHereford Ry—G 4s '30_M&N
Knox & Line 1st M Pen Shline 4s 1920 F&A
Upper Coos let gu 4s '30 M&NUpperCoosEx4Ms g '30 M&NWashington Co Ry 1st g gu334e Jan 1954 on 1924_Jda
Manila RR—See Foreign Gov'tManitoba & S E—See CanadianMarquette Houghton & Ont—Mortgage Os 1925100
Md Del & Va 5s 1955 gu AFrA Meryl dr Pa let g 48 1951__M&SIncome 45 1951 A&O
Mason City & Ft Dodge—let M gold 4s 1955 J&D
McK'sp't & B V—SeePMcKdrYMemphis Union Station Co—
let g gu be Nov 1 '59__M&NMerchants' Br—See Term RRMeridian Term 4s '55 guar M&NMexican International—
Prior lien g 434e 1947_ M&S let con gold 4s l977___ M&SStamped guar op to Mar '07
Mexican North let 6s 1930_J&D Mich Cent—See NYC&HRMiddlesex Valley—See Leh Val
Midland of N J—See Erie Midland Term be l925 ..J&D
IMidland Valley-5e 1943_ A&O'Millen & Southw-5s 1955_ A&O MilSh&West—See Chic & N WMilw & No—See Chic Mil &StPMilw & Sparta &N W—See ChicMin&Pac—See M St P&SSMMinn & St L—let 7s 1927 J&D
Pacific Ext let Os 1921_ A&Olet consol gold Os 1934__M&Nlet ref'g gold 4s 1949 ___M&SRef&ext 5sFeb'62 Ser A_Q-FCol notes g 6s 1916 F&ADes Moi&FtD 1st 4s, '35_J&JIowa Cent let g Os 1938..J&D
let & ref g 45 1951_ _ _ M&SMinn St P & Sault Ste Marie-
1st cons gold 48 l938._ __J&J2d M gold 4s guar 1949_ _J&J Eqg notes 4 Merne'16-'22J&DM S Ste M & let 4e'26 J&JMinn dr Pac let 45 1936_ _J&J MStP&SSM&CentTermRy—letChiTeref4s141op'16M&N
Minneapolis Term—See Wis CeMinneapolis Union—See St P MMississippi Cent g Os 1949..J&JMiss River & Bonne Terre-
1st e f g be 1931 op Adr0Missouri Kansas dr Texas—
let gold 4s 1990 J&D2d gold 4s June 1 1990_ F&Alet Extension be 1944M&N
1st & ref 4s gold 2004.._ M&SGen Met g 4Ms 1936.... _J&JConsol M g be 1940.... A&0 6% notes 1916 M&NEq g Os June 1916-1923 _J&DBt Louis div g 45 2001.. _A&O Boonville RR Bridge—
let g gu f 43 1951_ __Mdr NDal& Waco let gu bs'40..MdeN Kan C & Paz let 40 g1990F&AMo Kan & E 58 1942 go.. A&OMissouri Kansas de Okla—
let g gu be May 1 '42_M&NMK&TofT let 5s gu '42 M&S
Sherman Shreveport & 5—let M gu gold bs 1943_J&DW Coal & Imp let 6E1'29 J&J
Texas dr Okla-5s 1943_M&S Mo Okla & Gulf RR be '61 M&N
Mo Pac—Cons es 1920_ __Mdr N34 75 ext toJly'38 at 4% M&NTr g 5s stpd Jan 1 1917__M&SColumb Tr ctfs dep Columb Tr ctf dep stpd_Guar Tr ctf dep plain Guar Tr ctfs dep stpd
Hocking Valley Ry-1st cons gold 43s 1999__J&J5% notes Nov 1917____M&NEq 5s 1916-1923 F&AEq 4s Aug 15 '16-'18 F&AlbCol & H V Ext 40 1948.._A&OCo! & Tol 1st g 45 1955_F&A
Holldaysb Bed & Cumb—See PHoosac Tunnel & Wilmington-
1st sk fd g Os Sept 1922_M&SHousatonic—See NYNH & HHouston Belt & Term bs '37 J&JHouston E & W Tex—See Sou PHouston & Tex Cen—See Sou PHudson dr Manhattan-
1st M 4Me 1957 cony F&A1st g be 1957 opt F&AAdj in cup to 5%Feb 57 Adr0N Y & Jer 1st g 5e '32optF&A
Huntingdon & Broad Top-1st g 48 Sept 30 1920.._ A&O2d mtge 4s gold 1925.__ F&ACons 58 g Mar 31 1925A&O
Huntington & Big Sandy—SeeHutchinson & S—See AT&SFIdaho & W Nor-5s 1932._ M&N Illinois Central—let g 4s'51.J&J
1st gold 3Me 1951 J&JMain L ext 1st g 3;0'51_ A&O1st mtge g 3s 1951____M&SColl trust gold 4s 1952_ _ A&OCol Tr LNO&Tg 4e'53M&NPur lines let g 3Ms 1952_J&JRef g 4s 1955 opt 1918_M&NItlstrefM(IC&CSL&NO
be 1963 Ser A J&D Equip tr 4Ms Aug '16-'23 F&AEquip 5s Aug '16-'23 _ __F&ACairo Bridge 4s g 1950__J&DLitch Div let g 35 1951__J&JLouley Div 3Ms g 1953__J&JMiddle Div reg 6s 1921_ _F&AOmaha Div let 38 g 1951 F&ASt Louis Div 3Ms g 1951_J&JSt Louis Div 38 g 1951_ _ _J&JSp'gfield Div Ext 3%s'51 J&JWestern lines g 48 1951_ _F&AChicago St Louis & N 0—Con g 5s June 15 '51.J&D15Con g 3 Marne15'51.JdrD15Eq 5ejn 1920-Dec 1924 J&DMem Div let 45g 1951 J&D
Kankakee & B W be '21_F&Alat Louis Alton dr Ter Haute—
Ballev&Car let as '23_J&DSt L South let g 4e '31M&SCarb&Shaw lot g 48'32M&S
Ind B1 & Wn—See C CC & St L
b Basle. f This price includes accrued interest. k Lass oale. 1In London. a Nominal. a Bale price.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
MAR. 1916.1 RAILROAD BONDS. 37NOTICE.—All bond prices are now "and Interest" except where marked f" and income and defaulted bonds.
Missouri Paclfic—(Concluded).Col trust 58 1920 F&AColumb Tr ctfs dep (truer Tr ctf dep stamped
Eq Ss May '16-Nov '21.M&NGold 48 Mar 1 1945 opt.. _M&S
Bankers Tr ctf dep plain Bankers Tr ctfs dep stpd _
letkref 58'59 convSerA_M&SGuar Tr ctfs dep plain Guar Tr ctfs dep stamped
6% notes 1916 J&DBoonv StL&Sou 58'51 op F&ACent Br Ry 4s g 1919.. F&ACent Br UnPaclst g4s'48J&DKansas & Colorado Pacific—
1st & ref gu g es '38 F&AFranklin Trust Co rcts__
LerdrCan V A L 1st 5s'26 J&JLexington Div 5s 1920_ _F&APac of Mo 1st ex g 4s '38_F&A
Ed ext 5s gold 1938____J&JSt L It E 1st 5s 1938 M&N CanieletBrlst43%0'38 A&O
St Louis Iron Mtn & Sou—Unify & Ref' g g 4s '29_J&JGen con ry & 1 g 5s '31 A&OGen Con stpd gu g5s'31A&OEq 5s May' 16-Novt21M&NRiv & Gulf Div 4s '33 M&NLit RkJn 1st 68 gu 'MSc° Pine Bluff & W 5s '23_A&OPine
Val IdeW lst5s'26M&SMobile & Birna—See Southern RMobile & 0-1st g 6s 1927_J&D
1st exten 6s July 1927_ __Q-JGen g 4 1938 &SEq 5s 1919 VarEq 5s May '16-Nov '23_M&NF.4 4%s Mar '16-Sep '22M&SMontgom Div g 58 1947_F&A St Louis Div 5s
1927- _-J&D
St L & C 4s guar 1931.._ ..J&JMobile Ter & Ry 6s '35 on M&S MohtkarMalone—See N Y C&HMonong River—See Balt & OhioMont Cent—See St P M & MMorgan's La dr Tex—See So PacMorris & Essex—See D L & WMutual Term of But 4s 1924J&.1Nashville Chattanooga & S L—
lot consol gold 5s 1928__A&OCentreville Br g 6s 1923__J&JJasper Br 1st Os 1923__J&JLebanon Br Os Jan 1 '17_J&JMcM M W & Al 1st 6s'17 J&JTracy City Br Os 1917_
. _J&J
Nash Flor dr Sheff—See L& NNational Rys of Mexico—Pr lien g 43%s s f 1957_ __ _J&JGen M 4s 1977 A&O
April 1914 coupon on 8% g notes June 1915___J&D
Nat RR of Mex pig 43%s'26J&J 1st cons g 45 1951 A&O
Nebraska—See C B & QNev-Cal-Ore Ry-5s 1919 M&N Newoas & Shen Val 6s '17.._J&J New Eng RR—See NYNILIcHN H de Derby—See NYNII&NNew Hay & No—See NYNH&HN J Jnnction—See N Y CentralNew Jer & New York—See ErieNew Lon Nor 1st 4s '40.. J&JNew Max Ry&C'l—See El PasoNew 011 Gt Nor lot 581955 F&AN 0 Mob & Chic 5s 1900.. ..J&JNew Orleans & North E Os 1015Extended at 5% 1940__M&N
New Orleans Term lst 4s'53_J&J Newport & Cin Bdge—See LouisNewp & Rich—See Conn & PassN Y B & M Bch—See Long IslN Y Bay Ext RR—See Long IslNew York Central R. R.—
_ -
Cony. deb. 6s 1935 _ _M&NCon M 4s 1998, Ser A.... F&A
New York Cent & Hud River—Ref'g g 33.0 July 1 1997_ _J&JDeb g 4s 1934 M&NDeb 48 1942 tax-exempt_J&J Ref & imp 43%s 2013 op A&ONYC Lines eq 58'16-'22 M&NNYC Lines eq 4;6s '17-'25J&JNYC Lines eq 4;6s '17-'27J&JNYCL1neseq4i63'17-'28_J&JBos dr Alb eq 43%9'16-'27 A&OL S Col tr g 33%8 1998_ F&AJ.P.Morgan&Co.ctfs.of dep
M C col tr g 33%s 1998._ F&ABeech Cr—lst 4s g gu '36 J&J2d guar g 5s 1936 JS,.1Clf Bit C Co 1st g 4s '40J&J
Beech Creek Ext 3 %s'51_ A&OCart & Adir let 4s g '81_ _JSc DGouv dr Osw 1st 5s g '42.14t1)Lake Shore & Mich South—Con g ref 3;6s 1997___J&DDeb g 48 1928 M&SGold 4s 1931 M&NCleveShortLine4Ms'61A&OK A & Gr R 1st 58 '38__J&JKal&W Pig'n g 5s '40_ _J&J
Mahon C RR 1st 58 '34__J&JMichigan Central—
fis con '31 D&BC div_M&SDeb g 48 1929 A&O1st 5s Kal & SR 1939_M&N1st mtge M Air L 4s '40 J&J1st g 4sJol&NInd'57 J&J101st g 3;is JL&Sag '51 M&S 1st if 3%s 1952 M&NBayC&BC1stM g3s'89J&D Bat C&S 1st gu g3s'89 J&D Dot It Tun 4 %s'61gu M&NGrand Riv Val 48 '59_M&STol Can Sou & D 45 '56_ J&.1
Illoh Az Mnl 4s 1991_--
_M&SConsol g 33%s 2002_M&S
N J June 1st 4s gu '86_ _F&A NY&Har 1st e 3 t4e200-0M.SENI
883'8784
65.90%40393%
1 414239926050
f 503%
50503540903%1003%
80102101
b5.50%733%
9077
y1133%109 723%
64.607b4.6064.60 0
90883%
923%
1073%1061093%1011013% 1013%
25
89& Sout58
1 50
103
ville dc
1133%863%
823%92
043%64.507b4.50%b4.50%b4.50%64.50 h
7686783%963%9965083% 893%1043%
853%94%933%100102% 1111063%
1053% 89100903% 88
813%
933%8590933%
0081
8990853%5%413%
4242433%41943%
5855
55
5092
10695
803%1023%
4.75 o7310095
1143%
4.4074.404.40%102923%
1073%
1103%
50
70
79
91hwest
6055
1013%72
Nash,/
113%863%
823%92%92%953%!
4.15%!4.157!4.15 I4.15%:Con4.15%778880963%
91.
853%953%94100%
89%
90
933%
N Y Cent & Hud Riv—(Concl)N Y & Nor 1st g 5s '27 _A&ON Y & Put 1st 4s g 1993_A&ONor & Mon 1st 5s g 1916 A&OPine Creek gu 6s 1932J&DPitts dr L Erie Os 1928___J&J
5s Jan 1 1928 A&OPitts McK & Y 1st 6s '32 J&J
2d 6s guar 1934 J&JNIcK&BV 1st 6s g '18_J&J
RW&O con 5$ July 22 ..A&ORW&O cons g 33%s '22A&0
RW&O Ter R 1st 5s '18_M&NUtica & B Riv 4s g 1922-T&JWest TranS Co 33%s '23_ F&AWest Shore 1st 45 2361___J&J
N Y C & StL 1st g 4s'37__A&O Deb 4s May 1 1931____M&N N Y Connecting RR—
1st M 43%s 1053 F&AN Y & Gr'wood Lake—See ErieN Y & Harlem—See N Y C &N Y & Jersey—See Hud & ManN Y Lack & West—See Del LacN Y L E & W C RR—See Erie.N Y & L Br—See Cent of N J.N Y New Haven & Hartford—
Ore RR &Nay cons 43'46J&D Oregon Short Line—See Un Pac Oswego&Syracuse—See D L & W Ozark & Cherokee Central—
lst g gu 5s 1913 out A&OPacific Coast Co—See Misc BdsPaducah & Illinois-
1st s f g 4%s 1955 gu J&J Pan American 1st 55 '34 op J&J Pennsylvania RR— Con M 58 g 1919 M&S
do 4s gold 1943_ MdrNdo 4s gold 1948 M&Ndo 43%s g 1960 F&A
Geng 4;01965 J&DCon M 3;65 g £ 1945____J&JCol tr 45 Ph W & B 1921_J&JRE pur mon 1st g 4s '23 M&NGen ft eq 4s Jne'16to '20 Q-FGen ft eq 4s Jne'16-'22_Q-MGen ft eq 4%s Apr '16 -'23_ Q-JAleg Val gen 4s 1942_ _ _M&SBaltChesdrAtistg5s'34 NI.IcSBelvidere De;Iu 4s 1927. F.t A
_ _ J&J1st g gu 33%s 1943-Cin Leb &
i,
or 4s 1942..M&NClev&Marietta-4;6s'35 M & NCleveland & Pittsburgh—SerA43%sgengtd 1942_ _J&JSerB43%s gen gtd 1942_A&O
Int red to 3%% Ser C 3%s gen gtd '48M&NSer D 33%s gen gtd '50F&A
D Riv RR&B gu g 4s 36 F&AErie & Pittsburgh—Gen gu g 3;is SerB '40_J&J
Series C 1940 J&J Holidaysb Bedford & Cumb
1st NI g 4s 1951 guar_J&JPennsylvania Company—
1st M g 43%8 1921.... ..J&JColtr43%sPne15'21J&D15Gu g 4s 1931 op 1921_A&OGu tr ctfs g 4s 1952.. _M&NGu tr ctfs g 33%s 1937_M&SGu tr ctfs g 33%s 1941_F&AGu tr ctfs g 33%8 '42__J&DGu tr ctfs g 33s '44__J&DGuar trust gold 33%s call
1-15 yearly to 1916_M&NPitts C C dr St L—Con g gu 43%sSerA '40A&Odo Ser B 1942 _A&Odo Ser C 1942 M&Ndo Ser I 1963__F&Ado 43%s Ser J '64 M&Ndo 4s Ser D '45 M&Ndo 4s Ser F 1953_J&Ddo 4s Ser G 1957_M&Ndo 4s Ser H 1960 _F&Ado 33%s Ser E '49_F&A
CStL&Pitts 1st 5s g '32 A&OPitts Va & Char gu 413'43M&NSodus Bay & Sou g 5s '24_J&JSun & Lew 1st g 4s 1936_J&J
Penn & N Y Canal—See Leh VPennsylvania & Northwestern—Gen 5s Jan 1 1930 J&JClearfield&Jeff 1st 68 '27_J&J
Pensacola & Atl—See Lou dr NPeoria & Eastern—See Clev Cin
Peoria & N W—See Chic & N WPeoria Ry Term—See Ch R I dcPee & Pekin Un 1st 6s '21_Q-F2d mort g 43%s Feb 1 '21 M&N
Pere Marquette RR—Cons g 4s Jan 1 1951.... ...J&JRef g 4s 1955 MaGuaranteed
Deb Os July 1 1912 J&JEq 5s A & B 1916-1919_A&O Chic & W Mich 5s 1921_J&DCh & N Mich 5s gu '31M&N
Detroit Grand Rapids & West1st g 4s April 1 1946__A&O
Flint & Pere M g 6s '20_A&OGold 4s 1920__ _ A&O1st con gold 5s 1939__M&NPtIluronDly g 50 1939 Adr0 Toledo Div 55 1937___J&J
GrRapBeld&Sag 5s '24__M&S Lake Erie & Detroit Riv Div-
1st g 43%s Aug 1 1932_F&A Pere Marq of Ind 4s '43M&N Sag Tusc dr Hun 4s 1931_F&A
Perkiomen—lst ser 5s '18_Q-J2d series 5s Jan 1 1918__Q-J
Petersburg—See Atl Coast LinePhila & Balt Cent 4s 1951 M&NPhila Balt & Wash 4s '43 M&NPhiladelphia & Erie—Gen (now 1st) gu Os g '20_J&JGen g 5s July 1 1920____A&OGen g 45 July 1 1920__A&0
Phila Harrisburg & Pittsburgh- 1st mort gold 5s 1925___A&0
Philo Newt & NY 3s '42__A&O Plana & Read—See Reading Co
PhilaWil &Balt—Deb48'17 A&ODebenture 4s 1922 M&NDebenture g 48 1926____J&JDebenture g 4s 1932. ..A&OCol tr ctfs 1921—See Penne
Philippine Ry—See Foreign GovPine B1 & W—See St L I ,M&SoPine Creek—See N Y Cent & HPitts Bessemer dr Lake Erie-P S dr L E 1st g 5s 1940_A&0Cone 1st g 5s July 1 '43J&J
P B & L E con g 5s 1947_J&JDeb g 5s 1919 J&D
Pitts Char & Youghiogheny—Gen mort gtd is 1932_ _A&O
Pitts Cin Chic & St L—See PennPitts Cleve & Tol—See B & 0Pittsburg Junction—See B & 0Pitts & Lake Erle—See N Y Cent
River—1 Basis. f This price includes accrued interest. It Last sale. 1 In London. n Nominal. a Sale price. t Tax-exempt.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
GENERAL QUOTATIONS. [VOL. 102.NOTICE.—All bond prices are now "and interest" except where marked "f" and Income and defaulted bonds.
Bonds. Bid. Ask.
Pitts McK & Yough—See N Y CPitts Shaw&N—lst g bs'49 F&A 15 30Gold 4s Feb 1 1952 FetA f 10 205% receivers' ctfs '15 Op.. F&A 5% receivers' ctfs '16 op.M&S
Pittsburgh & Shawmut-1st s f gold bs 1959 opt_ _J& D n70 85let 1 col tr 6%notes'17opM&N 98 99
Pitts Shen&LE—SeePBess&L EPittsb Term RR & Coal—
let g gu s f 5s 1942 J&J 80WestSideBelt 1st g 5s'37M&S 75
Pitts Va & Chas—See Penn RRPitts & Western—See B dr 0Pittsb Youngst & Ashtabula—Consol 5s 1927 M&N 10236 let gen 4s Ser A 1948_ _ _J&D 95 98
Pontiac Ox & N 1st g Os '16_J&J Portland & Ogdensburg—
let M 436s 1928 guar_-
_M&N 100Port & R Pails—let g4s'26 M&N 93 Debenture 4s Aug 1027_ _ F&A 93
Portl (Me) Term gu 4s '61_.T&J 9036 Port Reading—let gu 5s'41.J&J Ports Gt F & Con—SeeBos& MePotomac Val—lst gu bs g'41J&J 103Princeton et Northw—See Chic & N WProvidence Term—SeeNYNH& HPros' & Worc—lst 4s 1947_A&O 94 Quanah Acme & Pac Os '39.A&0 Raleigh & Augusta—See Seaboard Air LineRal&CapeFear—See Nor South.Raleigh & Gas—See Seab Air LRai & Southp—See Nor South'nRaleigh & S W—See Chesapeake & Ohl()Raritan River—lst g 5s'39_J&J1 1 Ravensw Spenc & Glen—See Bait & OhioReading Company—Gen _g 45 Jan 1 1997 J&J 95 9536Jer Cen g 4s '51 op '06__A&O 9536 0636'Atlantic City Ss 1910.. M&N 102 10236
1st cons g gu 4s 1951_ _J&J 94 W&N s tr ctfs 4s red 105.Q-M 90Phila & R-2d bsg 1933_A&O 109 111Imp M eat g 4s 1947_A&O 9836 99Cons ext gold 4s 1937..M&S 0836 99Term bs g gu May 1 '41 Q-F 111 113Del R Ter pm g 5s '42M&N 104 .Ex p mon g 55 1942_J&J 104
Wilm & No 1st 5s '27_J&D 100 Gen g 58 Aug 1 1932_Q-F 100 104
Phila & Read Coal dr Iron—Col s f g 4s ext'32 guF&A 95
Rio Or Junc—See Deny & Rio GrandeRio Grande So—See Den & Rio GrandeRio Grande West—See Deny & Rio GrandeRoch & Pitts—See Buff R & PRock Isl-Frisco Term-5s'27J&J 90 93Rock Isl Ark & La—See C R I & PacRockIslet Peoria—See C R I &PRome W & Og—See NYC&HRutland—Con 436s 1941_ __J&J 8336 Benn&Rut 436s g 1927_M&N 87 Ogd&LCh 1st g gu 4s '48_J&JRutl Can let g gu 4s '49_J&JCar tr g 41;1916 to '17_A&O
nip tr 4 s 1923-27__M&N b 6Sag sc & ur—SeePere MarqSt Clair Mad & St Louis Belt—
Alton Bridge 1st g 4s '51_J&JSt Clair Term 1st bs 1932_F&ASt Johns & L Cham-5s '44 M&SSt J & Or Isl—lst g 4s '47.. _J&J 59 60St Law & Adiron let 5s'96_J&J 98
2d gold 68 1996 A&O 100 St Louis Al & T H—See Ill CentSt Louis Br--SeeTerm RR AssnSt L & Cairo—See Mobile & 0St L Iron Mt & Sou—SeeMoPacSt L Mer Br Co—See Term RRSt L Peoria & N W—See Chic et N WSt L Rocky Mt P 58'55 stp.J&J 8736 8836St L S011th —See Illinois CentralSt Louis & San Francisco—Gen mtge g 6s 1931 J&J 10936 110Coll tr 5 f gold 68 1920.... _F&A 100 Gen mtge gold Ss 1931.. _J&J 10236 104Gen gold Ss 1927 opt__ _M&N I 48 50Bankers Tr Co cts of dep_ 1 46% 4936Stamped 4636 4836
Birm Belt let g gu 4s'22_A&O Col South New On & Pac—Eq tr 58 Aug '18-Febs17F&A
Sou West Div g 58 1947_A&O 90• St LW&Wg Os 1919S 95St Louis Southwestern—
let g 48 1989 certfs M&N 7836 792d g inc 48 Nov '89 cert__J&J 6236 let consol g 4s 1932____J&D 63 6336let term & unit' 58 1952_J&J 67 69Eq bs Ser E 1916-1024._A&Ob 6% 5%Cent Ark & Ea 1st 5s'40op.J&J1 95Grays Pt Term g 5s '47.J&D 100Shrev Bdg&Ter bs '55 guF&A 80 85StephenvN&STex5s'400p.J&J 70 75
St L Wichita & West—See St L & San FranSt Paul & Duluth—See Nor PacSt Paul East Or Trunk—See Chic & N WSt Paul & K C Short L—See Ch It I & PacSt Paul Minn & Manitoba—
let cons g 4s 1933_ 97%
b 6
76
85100
Bonds. Bid. Ask. Bonds Bid. I Ask,
St Paul Minn & Man (concl'd)-1st consol g 6s 1933 J&J1st con red to 436s g '33_J&JMontana ext 1st 45 '37_ _J&DPacific Ext 1st 4s £ 1940J&JEastern Ry of Minnesota—Nor div 1st g 4s 1948_A&0
Southern Rallway—(con.)—ETVadtGa—Div g 5s'30_J&JConsol 1st g bs 1956 M&N
Ga Mid let g 3s 1946.. ..A&O Ga Pac let g 6s 1922__J&J
Knoxv & 0 1st g 6s 1925_J&J L & N So joint g 4s—See L&N Mob & Birm pr lien bs '45 J.Ic.1
Gen M g 4s 1945 J&JMobile & 0 coll In 45 '38_M&SRIch&DanDeb5sstpd27_A&ORichmond & Mecklenburg-
10136 105106
60107%10936 11036
10036 6836 7276 7810336
St P & N Pac—See No Pac 1st g 4s No 1 1948M&N 68StP&SC—SeeCStPM&O So Car & Ga 1st g Ss '19 M&N 10236 10236Salt Lake City Un Dep & RR- Sumter&WatR5s g' 19A&O 95
1st M 5s 1938 M&N 87 95 Va Mid Series D 4-5s.'21_M&S 10136 10436San Ant & Aran Pass—SeeSoPac Series E 5s 1926 M&S 1018% San Francisco & Nor Pacific- Series F bs 1931 M&S 10436
1st g 55 sink fund 1919_ _J&JSan Fr &.S Jo Val—See AT&SF
10136 Gen'l Ss 1936 M&Ndo guar stamped_ M&N
10436
San Fran Term—See Sou Pacific Wash O&W 1st gu 4s'24 F&A 93Santa Fe Pres & Ph—See Atch Top & S Fe S & N Ma—See Louis & NashvSault Ste Marie Bridge- South Pac Coast—See Southern Pacific
1st Msfg 5s July 1 1937_J&J 96 SpartanU&Col—See Ashy&SparSay Fla&W—See Atl Coast Line Spokane Falls & Northern-Say&States—lst g gu Ss '53 J&J 90 1st 6s g 1939 J&J 125Schenectady & Duanesburg— Spokane International-
lst guar 6s 1924 M&S 11236 1st g 55 1955 J&J 93 05Schuylkill River E S—See B & 0 State L & Sulliv 436s '29_ _ _J&J 90 02Scioto Val & N E—See Nor & W Staten Isld Ry—See Balt & OhioSeab Air L—let g 48 1950_A&0 82% 8236 Stephenv N & S Tex—See St LS W
Stamped 82% 8284 Suff & Carolina—See Nod & SoAdjust NI 5s, Oct 1 '40 F&Af 66 6636 Sumter & Water R—SeeSC&GaRef g 4s 1959 opt A&O 69 70 Sunbury Hazleton & W B-1st & con Os 1945 Ser A_M&S 99% 100 1st 5s May 11028 M&N 5% notes Mch 1 '16 mit_ M&S 100 10036 2d mort inc (is '38 coup M&N Eq 436sJuly '16-July'22J &J15 b4.50% 4.25 Sunbury & Lew—See Penn RREqg 5s Jue'16-Dec'19 J&D15 64.50% 4.25 Superior Short Line—See Ch StP M & OmEq g bs Aug'16-Aug'23 F&A lb 64.50% 4.25% Tampa & Jacksonville-Atlanta-Birmingham Divis- 1st M Ss 1949 Adt0 85
1st g 48 May 1 1933__M&S 8636 8736 Tampa North 1st bs 1936 opJ&J 70 80Car Cent 1st g gu 48 '49_ _J&J 8736 Tarkio Valley—See K C St J & Council BluffsFlorida Cent & Peninsula- Term RR Assn (St Louis)
1st gold bs 1918 J&J 100 1st gold 436s 1939 A&O 1001st 1 g ext 5s gold '30.._J&J 101 1st consol gold Ss 1944.. .F&A 105 1081st con Ss gold 1943_ J&J 103 Gen ref s f g 4s '53 op '10_J&J 87%So Bound 1st g bs '41_A&O
Georgia & Ala be Oct '45_J&J103% 103% 10436
St L Br let g 75 1929_ __ _A&OStL Men Bdge T-5s'30 A&O
11836100
118%101%
Ga&AlaTerm 1st g 58'48 J&D 100 Men Bdge Os '29 op '09 F&A 102Ga Car & N—let Ss g '29_J&J 100 Terre Haute & Ind bs 1925_J&J Ral'h&Aug'sta—lst 68'26 J&J 107% Terre Haute & Peoria-Ral'h&Gast'n—lst g5s'47J&J 102 1st con g bs Sept 1 '42 M&S 90Seab&Roanoke--lstbs'26J&J 101% Texas Central—ist 5s 1923A&O 95Deb 68 after July 1,16 F&A 100 !Texas & New On—See So Pac
Seacoast RR of N J 5s '48_A&O 108 & Okla—See M. K & TSebast & Mooseh 1st 53'28_M&S
!TexasTexas & Pac 1st bs 2000.... J&D 06 97
Shamokin Sunb'y & Lewisb':g- 2d Inc g 55 Dec 2000____Marf 35 362d Os g July 1 1926 J&J 109 Lou Div let g Ss 1931___ 88
Sherman Shrev & Sou—See Mo Kan & Tex__Jed
Weatherf'd Min W & NorthShreve Brdg & Ter—See St Loul s South western 1st gu g 55 1930 F&A 95Sierra Ry of Cal— Toledo Can Sou & Del—See Mic h Cent
lstsf 6s, g, Apr 12'37 _A&012 Tol & 0 Cent 1st 58 g 1935_ _J&J 10336 Sil Sp Ocala & 0—See Atl C LSioux C & Pac—See Chic & N W
West Div 1st 5s g 1935_ _A&OGen g 55 1935 J&D
102 1023695
Sodus Bay & Sou—See Penn RR Car tr 48 May'16-'17.. M&N15 64.75 4.20%Somerset Ry 1st & ref 4s'55_J&J 80 85 Car tr 4s Ser B 1917-'20_ —hid 64.75% 4.20%South Bound—See Seaboard AL Kana & Mich let 4s 1990 A&O 84 87So Car & Ga—See Southern Ry 2d M J&Jbs 1927 08%South Car West _ ___1See Car Eq 4 s July '16-Jly'22_J&J b4.50% 4.30South Car West Ext_ JAtl & WeSt Eq 43s July'16-ny'24 J&J 64.50% 4.30 0Sou Indiana—See Ch Terre Hau te & S St Mary s Div 45 g 1951_ F&A asSouthern Pacific Co— Toledo Peoria & Western-
Coll tr 4s(CP) Aug 1 '49_J&D 87 88 1st g 45 July 1 1917 J&J 55 60Cony g 4s Jne l'29op'14_M&S 87% 8736 Toledo St L & Western-Cony g 5s 1934 __ J&D 104% 10436 Pr lien g 336s July 1 '25 J&J 82%Eq 436s 1916-Sept 1923_M&S b4.25% 4 1st g 45 Apr 1 1950 Adt0 59 59%Car tr 436s '16-Mar'23_M&S 64.25% 4% Col tr g 48 Ser A 1917 F&A 18% Aust & Nor 1st Ss g '41__J&J 100 Union Tr ctf dep 18% 30Central Pacific— Tol Term lst436s 1957 gu_M&N 77
let refdg 45 g g'd '49_F&A 9036 9036 Tol Walh Val & Ohio-1st g .gu4sOct 1 1954_A&O 85 86361 1st g gu 436s 1931 ser A__J&J 99 M 336s g g'd Aug 1'29_J&D 8936 9036 let g gu 434s 1933 ser B J&J 99
Galveston Harrisb & SanAn— 1st g gu 48 1942 Ser C_ M&S 93 Mex&P Div 1st 5s'31_M&N 101 104 Tombigbee Val let g 55 '56 A&O 902d M bs 1931 gu__J&J 10036 101 Gen mtge Os 1935 100
Gila Val Globe & Northern- Toronto Hain et Buffalo-1st g bs Nov 1 1924M&N 10036 1st g 48 June 1 1946........J&D 82 84
Houston East & West Texas- Troy & Boston—See Fitchburg1st Ss g May 1 1933_ _M&N 10136 0Troy & W T Bdge be 1939_1: 1001st guar g bs Mar '33_M&N 10136 102% Ulster & Del con Ss 1928_ _J&D 10036 102
Houston & Texas Central— 1st ref g 45 1952
0 8970
ist 1 g 5s 1937 Jct.! 105 Union Pacific-Gen gold 4s 1921_ A&O 9536 1st Ryer 1 g 4s g 1047 -__J&J 9736 97%Waco&NWD1v6s g'30M&N 110 Cony 48 1027
9903,93%
La West let 6s 1921_ _ _ _J&J 103 1st & ref 45 June 2008_ _MISj 90%Morgan's Louls'a & Texas— Ore RR & Nay—See Ore-Was h RR & Nay
let mort 7s 1918 A&O 10336 Oreg Sh Line let g 6s'22_F&A 108% let g 63 1920 _.ht.1 10436
11005%5x1st consol bs g 1946 __J&J 107
North Cal Ry g bs 1929_J&D 103 Ref g gu 45 '29, op '07_J&D 9336 93%NoRy ofCal 5s g gu 1938 A&OOregon & Cal 1st Ss 1027_J&J
S A & Ar Pass g gu 4s'43_J&J 66 6736 Consol gold 58 1926 J&J 102% San Fran Term 1st 48'50 A&O 8536 86 Union Terminal Co (Dallas)So Pacific Br Os 1937_ A&O 12236 1st g 5s 1942 op 1922__A&O 97 100Southern Pacific RR Cal- United N J RR & Canal Co—
1st con g bs gu 1937_ M&N 10736 General gold 4s 1023... F&A 99 1001st con ref g 4s'55 op'10 J&J 90 9036 General gold 48 1929_ _M&S 99 100
So Pac Coast 1st g 48 '37_J&J 92 General gold 45 1944_ M&S 9936 Texas dz N 0— Gen 1st g 336s Mar 1 '51 M&S 88 90
Consol gold 5s 1943 _J&J 07 Upper Coos—See Maine CentralDallas Div let g 4s'30_F&A 83 Utah Central—See Rio Or West
Southern Railway- Utah & Northern—See Union P(Lane1st consol gold bs 1094.. J&J 10236 103 Utica & B1 R—See N Y C &Develop & gen M g 4s'56 A&O 7036 71 Utica Clint & Bing—See Del & find5% g notes Mch 2 '17_ _M&S2 101 10136 Vandalia RR-Eq trg4%sAug'16-Feb'21F&A 64.45% 4.20%, Con g 48 1955 Ser 911Eq tr 4%s Ser M '16-'19_J&D 64.45% 4.20%1 Ser B 1957
9
Eqtrg436sApr'16-Apr'20A&0 64.45% 4.20%1 Vera Cruz & Pacific RR-E Tenn neon lien bs 1038.. M&S 10036 10136 let g 43-4s 1934 opt J&J 87let Mem div g 55 1996. __Jec.1 103 10336 Verdig Val Ind & W—See Mo PaSt Louis Div 1st g 45 1951 J&J 8236 83 Vermont Val 1st 436s '40_A&O 9236 Aiken Br let g 4s 1098_ J&J 65 Vicksburg & Meridian—See Ma& VicksAla Cent 1st g 6s 1918_ __J&J 103 104 Vicks Shreve & Pac—Atlanta & Charlotte Air Line — P 1 Os 'lb ext 5% & N 100 10136
let M 436s 1944 ser A_J&J 06 97 Gen 5s May 1 1941M&N 901st M 5s 1914 ser B___J&J 103 104 Virginia Midland—See So Ry
All & Danville let 4s '48_J&J 8336 8436 Va & Southw Ss 2003 J&J 10236 1032d g 45 1948 J&J 80 1st coo g 5s 1958 A&O 88 8836
All & Yad let gu g 49'49_ A&O 76 81 Virginian Ry-Aug South g 5s 1924_ _ _J&D 90 1st M g 55 1962 opt____M&N 9836 9836
b Basis. c On nasts of 54.848 to the d On thebasis of Vito the E. ' I his dricoIncludes accrued Interest. k lac&SE .1‘1,113. La London. a Sale price.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
MAR., 1916.1 RAILROAD STOCKS. 39
Chesapeake & OhioChicago & Alton RR
Preferred_Chic Burl & Quincy Chic Gt West corn trust ctfs.100
Preferred trust ars_ 100Chic & East Ill—Preferred...100
Bonds and Stocks. Bid. Ask.
Wabash—let gold 5s 1939 M&N 104%1 104%2d gold 55 1939 F&A 93% 99Deb mort 65 ser B 1939.__J&J 70 110Equip g 58 Mar 1 1921_M&S 96% let lien term g 45 1954_ __J&J 70let ref & ext 48 1956 J&J 4370 notes '10 eat to '13M&N Det & Chi ext let g 5s '41 J&J 103Des M div let g 45 1939_ J&J 80Tol & Chic 45 g 1941.. __M&S 71%Omaha Div 1st 3%s g '41A&O 72
Wabash Pitts Terminal Ry-1st g 48 June 1 1954 J&D 1%Con Tr & Old Col Tr ctfs__ 1
1st assessment paid Columbia Trust ctfs of dep 2ColTr ctfs dep forCenTr ctfs 1
2d g 4s June 1 1954 J&DGuaranty Tr ctfs of dep_
Warren RR—See D L & WWash & Colum Riv-4s '35 J&JWashington Cent—See Nor PacWash Co Ry—See Maine CentWash 0 & W—See Southern RyWash Term Co.-3%s 1945.P&A 83%
let g 45 1945 guar F&A 933'Weatherford Min Wells & N—Se e Tex &West Jersey & Sea Shore—
Cons 3 s g Ser B 1936__J&J 88Consol f4s 1936 J&J 97
West
Maryi
and-4s 1052_ _A&O 72%5% gold notes 1915 op ..J&JBait & Harris g 5s '36_ _M&N
let M West Ext g 55 '38M&NCoal & Ir Ry 58 g 1920_ _F&A
West N Y & Penn 5s 1937_ _J&JGen mort gold 48 1943_ _ A&OIncome g 5s Apr 1943__Nov 1
Western Pac 1st 58 1933_ _M&SWestern Pa—lst g 45 1928_J&DWest Ry of Ala-4%s 1918 A&OWestern Transit—See N Y CWest Shore—See NYC&HRWest Side Belt—See Pitts TermWest Va & Pitts—See B & 0Wheeling & Lake Erie RR-
1st consol g 4s 1949 M&SL Erie Div 1st g 55 1926_A&O 99Wheeling Div let g 58 '28 J&J Eaten & impt g 58 1930_ F&A 94%Equip s f g 5s 1922 J&JJ 56
Wheeling Term-4s 1940.._FSL A 89Wichita Falls & Northwestern-
1st 5s Jan 1939 J&J 701st & ref g 5s 1940 op_ J&J
Wichita Union Term Ry-1st g gu 4%s '41 opt__ _M&N 93
Wilkes-B & East—See NYS&WWilliamsport & N Branch RR—
lst ref g 4%s 1931_ ___J&J I 25Wilimar&S Falls—See M& MWil & Nor—See Phila & Read'gWil & Weldon—See Atl Coast LWinona & St P—See Chic & NWWinston-Salem Southbound-
Marshfield & South East Divpur mon 1st g 4s 1951_ M&N 80
Sup & Dul Div 45 1936_ _ M&N 89NMinneap Term 33s'50op J&J 70
While & Mich Ry-5sWise Minn & Pacific IIR-
1st g 4s Oct 1 1950 A&OWiscon Val—See C M & St PWorcester Nashua & Roch-45 Jan 1 1930 J&J 924s Oct 1 1934 A&O 91%
Yosemite Val s f g 5s 1936_J&J 70
RAILROAD STOCKS. Par
Ala Great Southern corn__ .._ 50 50Preferred. id
Ala N 0 T& PJc A pref.__ 2.8 B deferred £10 id
Albany & Susquehanna (gu) 100 250Allegheny dr West (guar).. ...100 124Ann Arbor common 100
Preferred 100 Atch Top & Santa Fe 100 102%
Preferred 100 101%Atlan & Char Air L (guar) 100 178Atlanta & West Point 100 150Atlantic Coast L Co of Ct 50 d 1153-iAtlantic Coast L RR corn.... 109%
Preferred_ _ 100 Atlantic Coast Line—A_Atlantic 1st leased lines rent tr_ Id Augusta & Say (guar) 100 101Bait & Ohio—Common 100
Preferred 100 NO,Bangor & Aroostook 100 Beec Cr (guar N Y C) 50 d43Bost dr Alb (guar N Y C _ _100 x 195Bost & Lowell (guar B & M)_100 141Boston & Maine 100 45
—bRasfs—d Price per share. not percent. i Flat price. k Last sale. / In London. nNorninal. a 3ale price. t New stock. zEr-dIv. y Ex-riguts.a Ex 50% dividend in dividend obligations.
5714513
50c.
142240
647990
155225130160
7683%4746%177
3
13026
1105638744384
1743160163(35115973.'1957775105734
1121612%34%
245x 110
351324070%
d 793%d 47
2547-402079999999914096159
x 30x 35Id
75180177149
N d166
100 5100 12
Des Moines & Fort Dodge.. 100Preferred 100
Detroit Hills dr S W (guar)....100Detroit & Mackinac 100
Lit Schuyl Nay RR&Coal(gu)50 d 54Long Island 50 d 2034Louis & Mo Riv prof (guar)_100 100Louisville Bridge Co 100 105Loulsv Hand & St L corn.. ....100 n 5
Preferred 100 n 20Louisville & Nashville 100 1213%Lowell & Andover 100 100Lykens Valley RR & Coal 20 dMahoning Coal RR 50 650Prof (guar L S & M S)__ 50 101
Maine Central 100 10134Preferred 100 101
Manchester & Lawrence.. 100 122Maryland & Pennsylvania.. 100Massawippi Valley (guar)....100 80Michigan Central 100Mine Hill & Schuyl Has' (gu) 50 d 5631Minneap & St Louis com 100
Preferred 100Minneapolis St P & S S M.._100 119
Preferred 100 1334% Leased Line Ctfs..___ .100 75
Mississippi Central 100 33
Missouri Kansas & Texas..__10053 60 i Preferred 100933% 93% Missouri Pacific 100128 128% Cent Trust ctfs of dep 126 127. I Mobile & Birm pref (guar)__100173 180 I Mobile & Ohio—See South'n Ry1734 17% Morris & Essex (guar) 50115 123 Nashua & Lowell 100130 140 Nash Chat & St Louis 100
10 Nashv & Decatur (gu L & N) 25 National Rys of Mes let pref100 Second preferred 100 New Orleans Mobile & Chic_100
Preferred 100137 N Y Blyn & Man B pref (gu)_10043 New York Central RR 10075 Dividend payable in London New York Chic & St Louis.. .J00 1st preferred 10027 2d preferred 10052 New York & Harlem (guar).. 5048 N Y Lack & West (guar) 100 New York New Hay & Hart_100 N Y Ontario dr Western.... 100 Norfolk Southern 100 Norfolk & Western Ry 100 Adjust preferred 100 No Carolina (guar So RR) _ _100 Northern Central (gu Pa RR) 50161 North'n N 11 (guar B & M)_10035 Northern Pacific Ry 10042 Nor RR of NJ (gu Erie).... 100
kl 97s,f, Northern Securities Co stubs__80 North Pennsylv (gu P & R)_ _50185 Norwich & Wore pref (guar)100184 Ogden Mine RR(gu ConNJ) 100150%. Old Colony (gu NYNH&H)..100220 lOntario & Quebec 172 Oswego & Syra (gu D L&W)_ 50
100
9%' Pac Coast Co--See Misc stocks18 Pennsylvania Railroad 50 Peoria & Bureau Val (guar)_100 Peoria & Eastern 100
d 65 67 Pittsburgh Bess & Lake Erie 50d 46 49 Preferred 50d 67 69 Pittsb Cin Chic & St Louis.. ..100
35 , 3534 Preferred 10051 52% Pittsb Ft W & Chic (guar).._10043% 45 Special (guar Pa RR) 100190 205 Pittsburgh & Lake Erie__ 50126 134 Pittsb McK & Yough (guar) 50813% 83 Pitts Youngst & Asht pref.. 10010 20 Pros' & Worcester (guar) 100
120 125 Providence Warren & B._ 100 Railroad Securities Co- 4% Ill Cent Stock etre 1952-253 Reading Co 55
let preferred 50s 87 2d preferred 50 Rensselaer & Saratoga (guar)10022 Rich Fred & Pot—Common_100115 Dividend obligations 100121 6% guaranteed 1004134 77 guaranteed 10075 Rich P & R F & C Conn 70
Rio Grande Southern 100 Roch & Genesee Val RR _100 Rock Island Co 100103 Preferred 1008 Rome & Clinton (gu D & 11)100434 Rutland preferred 1008 St Joseph & Grand Island 100
Jr 534 1st preferred 10014 2d preferred 100104 St Louis Bridge let pref_ _....10080 2d preferred 100
St L Rocky Mtn & Pacific_100id ki 1031 Preferred 100Id kl 4534 St Louis & San Fran com___100
St Louis Southwestern 10069 Preferred 100105 Saratoga & Schenectady (gu)10025% Seaboard Air Line corn 10061 Preferred 1004 Sharon 5035 Southern Pacific Co 10094 Southern Ry common 10014 Preferred 10040 Mob & Ohio stock tr ctfs 502 Southwest'n of Ga (guar)._ __100 Texas & Pacific 100773%, Toledo Peoria & Western_ 100 Toledo St L & Western 100
212 I Empire Tr Co ctf depPreferred 100
55 Empire Tr Co ctf dep23 Troy & GI-bush (gu N Y C) 50120 Tunnel RR of St L 100
Union Pacific—Common_ 10010 Preferred 10027% United N J RR & Canal (gu)100122% Utica & Black River (guar) 100
Utica Chen & Susq Val (gu)_100Utica Clinton & Binghamton100
750 Valley RR (N Y) (guar) 100106 Vandalia RR 100101% Vermont & Mass (guar) 100102 Virginian Ry 100132 Wabash Ry 100
Pref A 100Pref B 100
130 Ware Riv RR (gu B & A)_ _10057 Warren N J (guar D L & W) 50
4 5 Western Maryland Ry 10016 Preferred 100122 West Jersey & Sea Sh—Com 5013734 Wheeling & Lake Erie corn.. 10073(63% Mt rreeffeerrrreel 100
100
Wisconsin Central 100Wrightsville dr Tennille. corn 25
7
1211160110133%8434228
13875116
125.621133%423426
161264350A
14436%
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
40
STREET AND ELECTRIC RAILWAYSIn quoting street a
The great majority ofOn the other hand, weof the price. Unless,to be added on. This,of the Interest and no
NOTICE.—All
nd electric railway bonds, we employ the same method as in quoting the bonds of steam railroads.issues being quoted "and interest," we use no designating mark whatever where that Is the case.prefix the letter "f" where there is a deviation from this rule; in such cases the interest forms parttherefore, "f" appears against a quotation, the buyer will understand that the accrued interegt Is
however, does not apply to income bonds and bonds in default, in which oases the price takes account
designating mark is employedbond prices are now "and Interest" except where marked "f" and Income and defaulted bonds.
Bonds. Bid,
STREET RAILWAY BONDS.Albany Ry—See United Tract'nAlbany Sou RR 1st 5s '39_M&S 88Alton Gran & St L—See East St L & SuAltoona & Logan Val Elec Ry—Con g 43s 1933 gu__F&A 15 82
American Cities Co—Coil trust g 5-68 1919 opt_J&J 93%
American Railways—Coll trust cony g 53 1931_F&A 90Coil trust g 5s 1917 opt__ A&O 98%Scran Ry tr cts g 50'35_ _M&S
Anacos & Pot—SeeWashRy&ElArdmore St Ry—See Phila CoArkansas Valley Ry Lt & Pow6% notes July 1 1919_ _ __J&J 97
Ashland (WM) L Pow & St Ry-1st M gold 5s 1939 J&J 03
Atchison Ry, Light & Power-1st 58 Nov 1935 M&N 88%
Athens (Ga) fly & Electric-1st & ret sf g 5s '50 op'15 J&J 84
Atlanta Cons St—See GaRy&E1Atlanta Nor—See Ga Ry & ElAtlantic Ave—See Bklyn It Tr_Atlantic City & Ocean City Co—Col tr g 58 1947 opt__M&S
Atlantic City & Shore RR-1st M & col 5s 1945 opt_J&D
1st & ref g 5s '42 opt '12_A&OAugusta-Aiken Ry & El Corp—Sink fd g 5s Dec 1 '35 opt.J&DAugusta lty & El 5s '40_J&D
Aurora Elgin & Chicago RR-1st & ref g 5s 1946 opt_ __J&JA E & C Ry 1st g 5s '41 A&015Elg Aur & S s f 68 1916J&D
Bait & Ann S L—See Md El RyBait Cat & El M—SeeUnRydrElBaltSpP&Ches—See Un Ry& ElBait Terminal—See Wash Bait & AnnBait Traction—See Un fly &. ElBangor Ry & Electric-
1st cons g 5s 1935 opt_ _ _J&J 09Beaver Valley Traction—Gen g 5E31953 opt M&N
Berkshire St 1st g 5s 1922_ _J&DBinghamt Ry 5s '31 op '11 M&NBirm Knox & All—See Philo, CoBirm Ry, Light & Power—Gen ref g 43s '54 op '09_A&ORet & ext g Gs 1957_ M&N 95%16% notes May 1, 1917_ _M& NBirm fly & El 1st g 5s '24_J&J
BI St & Fut Fer—SeeN Y Rye—Boston El g 4s May 1 '35_ _M&N 87%Deb g 4s Oct 1 1937A&O 93Deb g 43s Nov 1941 M&N 92%Deb g 5s Dec 1942 J&D 91)West End St 58 1932___M&N 1005s March 1944 hug 10043,(as Jan 1 1923 J&J 074%s July 1 1930 J&J 95Gold 4s May 1 1916__M&N 100Gold 4s Feb 1 1917_ F&A 99%4s Aug 1 1932 F&A
Bost & Nor ref g 4s 1951_ __J&JGeorget Row& Ipsw5s'20J&D 98LowLaw&II 1st g 58'23opJ&D 100Lynn & Bos 1st 5s g '24_J&D 98
Bost & Wore 1st 4%s 1923_F&A 92Bridgeton & MillyTr 58'30_J&J 93Bway & 7th Ave—See N Y RyeBway Surface—See N Y RysBkn City & New—See C I de 13kBrooklyn Rap Tran-5s'45A&O
let & ref g 58 '36 op s f__M&N Hamburg fly 4s 1926 M&N
Burlington (la) fly & Light-1st s f gold 5s 1932 opt_ _M&S 91
Cal Pac—See Pacific Elec flyCal St Cable RR serial 6s_ _J&J 1083Calumet & South Chicago Ry-
1st M rehab g 55 '27op'12F&A 93Camden & Sub—See Pub Serv CorpCanal & Clalb—See N 0 Ry & LCanton-Akron 1st g 55 '22_ M&S 07Canton Mass 1st g 53'20.M&N 97%Can-N Phila g 5s '23 opt_ F&A 97
Capital Trac (Wash. D C)-1st g bs June 1 1947_ _ __J&D 106
Carbondale Ry 5s Nov '33_J&J 94
96
6290
8598100%
908494
100
8978
102%
100%101%92100
Ask. Bonds. Bid. Ask, Bonds. Bid.
93b
83
94%
9399%
98%
95
93
87
83
68
100
100
93
96
8996%10034
89%9594%101101%
0896%
10090%82_
1025
92%95
103,_79A101
96102
9610210284%;84%105 I76%102100
94
93%
98%9998%
106%90
Carolina Power & Light—1st M g fis 1938 F&A
Cass Av & F'r Geds—See Un flyCentral Ark fly & Lt Corp—
1st 1 s f 5s 1928 M&SCentral California Traction—
1st s f g 5s, 1936, opt_ A&O Cent Crosst—See N Y RysCentral Elec—See KCRy&LightCent Market St—SeeColRy&LtCentral Ry—SeeUnRy& El(Balt)Central Tract—See Philo, CoCharleston Cons Ry Gas & El
Consol g 55 1999 M&SCh City Ry 1st g 5s 1923.J&J
Chattanooga fly & Light—lst & ref g 5s 1950 op '16.M&NChatt Rys 1st con 5s '56.M&N
Chicago City & Connecting RysCol tr 8 f g 5s Jan 1 1927.A&O
Chicago City Ry—1st g 5s 1927 op up to '112.F&A
Chicago Elevated Rys—5% gold notes July 1916_ J&J
Chicago Junction RIt—1st g gu 45 1945 op '10 _ _M&S
Ch & Mil El Ry 58 1919___J&JRR 1st g 5s 1922 J&JWise Div 1stg 5s 1925 gu..I&J
Chicago & Oak Park Elec Ry—Lake St El 1st 5s 1928 gu_J&J
Chicago Railways Co—1st m g bs 1927 opt F&ACon M bs Ser A Feb '27_A&O
Series B Feb 1927_ _ _ _J&DSeries C Feb 1927_ _ __F&A
Pur mon 4-68 Feb '27 op.J&J Adj inc 4s Feb 1927 op_ _May
Chic Sou Bend & Nor Ind RR—1st g 55 Jan 1 1937 J&J
Chris & 10th St—See N Y RysCin D & T Trac gold 5s '22_J&J South Ohio Trac 55 '20_ _ M&NCin & H (is g Apr 1 1918J&J
Cin Lawr & Aur 55 1919J&J CM New & Coy 5s g 1922.. J&J2d g 5s July 1922 J&JSo Cov & Cin Os g 1932_ _J&J
Newp't & Day 1st Os '17_F&ACitizens' Ry & Lt—See Muscat'Cit Ry L & .P—See Newp NewsCitizens St—See Ind Tr & Ter.Cit flit—See United Rys St LouCitizens' Tract—See Phila. Co.City Pass Ry—See Reading Ter
City & Sub—See Port (Ore) R.City & Sub—See Un Ry & A BCity SE Sub—See Wash Ry & +1Clay Ity 1st 55 1931 opt_ __ M&SClev Painesv & Ashtab Elea__
1st gold 58 July 1 1.922J&JCloy Pains & East 5s '16__A&O
Consol 5s 1918 A&OCleve Southwest & C011/111 Ry-
1st gen con 5s 1927 opt _ _ A&O Clev&SW 1st 5s '23op'13.F&A
Cl BerEly&Ober5s g '19_ M&S Clay Ely & W 58 1920_ __F&AEly & Ober g 6s '17 op_ _ _F&A
Columbia (S C) Ry Gas & El Co1st M s f g 5s 1936 J&J
Col Buckeye L & New—See ColColumbus (Ga) Electric Co_
1st coll g 5s 193:3, option_ A&OColumbus(0)Interurban Ter Co.
Cons Ry & Pow (Salt Lake) SeeCons Tr(N J)—SeePubServCorCrosstown St—See Col fly & LtCross St—See lot Tr (Buffalo)Cumberland Co (Me)Pow&Lt—
1st tit ref g 5s 1942_ ___M&SDallas El Cor col tr g 5s'22.A&ODanville Street Ry & Light Co—Ref gold 5s 1917-1925.. J&J
92
89
933'102
7588
—70M
99%
94
90f 351 8
n 55
98%
7094%
35
72
8396
0795110101
ne Lt &,Trac& 0 P
alt)
101%
5810083
72
91
—92
Newark
80
75& East
85
96%
05
96
759998
103ited Ry
85797899100%„100%1 80808079
Utah L
9597
96
94
92
72%
8592
72
100
96
954511
98%93%70%
7030
75
6090101709898113%105
Ifly El
103
62100%90
80
90
95dcZanes
85
85
9390
98%
98
97.
80100100
103%s
868282101102
838383
dt Ry
9899%
09
Danville Urbana A: Champ-1st 5s 1923 optional__M&S
DarbyMed&Ches—See Phil lt TrDay Cov & Piqua Tr 5s '22 Adt0Delaware Co & Phila—See Un PDenver & N W 1st 5s 1932 M&NDenCTram—Purch g 53'19 A&O
lst & ref g 5s 1933 op s f M&NCon Tram con g 5s 1933_A&O
Denver Tram Power Co-1st imp g gu 5s '23 op '08 A&O
Denver Tramway Terminals Co1st m g gu 68 Sept'16-'37 M&S
Des Moines & Cent Ia Elec Co— 1st s f 6s 1937 op Ser A_ M&S
Des Moines City Ry—Ref g 681921 op 1906_ _ _ A&O
Det United 4%s 1932 opt J&J5% notes May b 1918.F&A5Det Elm Ry con g 5s '16..J&DDet Ry 1st 5s '16-'24_J&D
Det&Flint 1st g 55 '21__F&ADet Roch Romeo & L Orlon
1st sk fd g 68 1920__J&DDet Ft Wayne & Belle Isle-1stg 5s Apr 1 1928_ _ _ A&O
Det Mon & Tol Short Line Ry1st M g 5s Jan 1933___J&J
Det&NW 4%s '21 op '11M&NDet St Pontiac-5s g '22F &ACons g 4%s '26 op '11 J&D
Det & Pt Huron Shore Line-1st g 5s 1950 J&JRapRylst con 5s'16 _M&N
Det & Lake St Cl 5s '20_ A&ODet Ypsil Ann Arbor & Jack—
1st g 58 1926 F&AD Y & A A g Os 1917_M&NCons g 6s 1924 F&A
Doylestown&E—See Phil & E—D D E B & B—See Third Av RyDuluth Superior Traction Co—Duluth St Ry 1st g bs '30M&N
Duquesne Trac—See Philo, Co—Eastern Pa Rys 1st 5s 1936 J&JEastern Wisconsin Ry St Lt-
1st M g 56 1923 opt A&OEaston Cons El 55 1949_ _M&NEaston Palmer & Beth St Ry
1st g 5s Dec 31 19l8_ _J&JEast St L Columbia & Waterloo
1st 5s Oct 1 1932 A&OEast St Louis i.tt Suburban Co-
Coll trust g 55 1932 opt_A&OCony Os Jan 1 1919 J&JAlton Granite & St L Trac—
1st cons g 5s 1944.._ F&AEdgetield St—See Nash Ry & LEighth Ave RR—See N Y RysElec & Peon—Seo Phila Rap TrElg Aur & 'So—See Aur Eig & ChEllz Plaint & Can J—See P 5 CElmira Water Light & RR-
18t & con g 5s 1956_ ___M&SEl Paso El Co coil tr g 53'32J&J
Ely & Ober—See Cleve & S W T Erie El Motor at g 5s 1941 A&O
Evansv & Sou Ind Traction- Evansv El 1st g 4s '21_ M&N
Evansv & Princ 1st 5s '23A&OFairmont & Clarksburg Tract'n
1st g 5s 1938 op 1913_ __A&OFairmount Pk Transportation-
1st s f g 5s 19:37 opt A&OFederal Light & Traction-
1st s f g 5s 1942 opt _M&SFed St & Pleas Val—See PhilCoFt Pitt Trac—See Phila CoFt Smith Light & Traction-
1st M g 5s Mar 1 '36 opt M & S FtWaynoB & M 1st 5s '35 go J & J Ft W Van Wert & Lima Trito-
1st M g 5s 1930 guar. ... . .J & J Ft Wayne & Wabash Val Trao...
1st cons g 5s 1931 M & S 42d St M & St N Av....See Third
Frankf Taeony & Holmesb fly-1st g 58 July 1010 J & J
Galv Elec Co lst5s'40 op M&NGalveston-Houston Elec Ry-
1st M s f g 5s 1954 opt_ _A&OGary & Interurban Ry-
1st ref g 5s 1930 opt__ _J&J Geor Row & Ips—See I3os&NorGeorgia Light, Power & Rys—
1st lien s f g 5s 1941 opt M&SCentGaPow5s ':38 op '13M&N
Georgia Ity & Elec 55 1932_J&JRefg & impt g 5s '49 s f __J&JAtlanta Coos St 5s 1939_J&JGeorgia Elea Lt 58 1930_J&JAtlanta Northern Ry Co—
1st guar 58 '54 op '09_ _J&J Georgia fly & Power-
1st & revs f 5s 1954 op_ _A&OGrand Rap Ry 1st g 5s 10 J&DGrand Rap Gr Hay & Musk fly
1st g 55 July 1 1926 J&JGreenwich Tram 1st 5s '31_J&JHamburg Ry—See Buff tit LakeHart Man & Rock 5s 1924_A&()Hart & Springf 5s g 1921J&JHart St Ity-1st g 4s 1930_ M&SHavana El cons R 55 1952_ P&A
96%
.__ --& Trani
749170
85
6
97
76%oog99%9187%
95
-----
98%
99%84
9399%84
9010099%
93
85
92%99
99
90
89%96%
83
95%98
rac97
9395
100
In 70
80
Ave fly
7790
93
73%8210197103%100
99
89%100
03101%Erie100__ .-9587
Ask.
99
s.7893
89%
90
101
77100%100%93
85
10091%
88
95100%87
93
95
89
95101
101
9098
97%98%
101
94IOU
75
90
88
92
96
77%0010208104%102
90
f This price includes accrued intelest. kLut sale. nNominal. Salo price. Min.—Minimum price on Montreal or Toronto stock exchanges.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
MAR.. 1016.1 STREET AND ELECTRIC RAILWAY SECURITIES. 41NOTICE—All bond prices are now "and intercst" exceot where marked "t" and income and defaulted
bonds.
Bonds, Bid.
82T
103%
9497
91
06
86
96
98
90on Tr 0
90
92
948098
n 78n 71n 71
73
99%
62101% 101100%
96
100
9595%
57r)g
96%
92See McUnited
91
8396
86%Service
8594
f 9594806297
1 921 96
99
f 58
858398
101%80%100
96%
100%8966966007
103928892
95%N Y RY
06& Term(St Lo
100100
net Tr
Pac El
89%
91
65
Ask.
85
919799
96
100
87
99
102
96f Ind.
94
85
96
9684100
827575
73%
093
64
9834
97
58
99
95higanRYs.
90
8899
10192%',
Corp.
8797
9897
70
96
102
os
9090100
105%8134
0734
1013491749970
104939093
9§%s.
98
uls)
(Buff.)
ec Ry.
99349534
Bonds. I Bid. Ask. I Bonds. I Bid.
9070
8634RRs—
96104
83
96
92• 8134
9934
91
99Service
86 5 5100
32
9178
9898
9595
United
93
59979534
7295
96Cos, p
70
96Shen 11
80
99
b 0%
10134923498938)9510110099349934
979996
100100341001059634 9696993472349434
9834
9395
n SO
9634
8134100
8310110185
70
78
9410083
I Ask
9676
87
963/a105
90
100
10085100
94
101Cora
85
60$590100
82
100100
RRs
98
1009698
97348998
457.5
99y & Lt
85
5.50%
1029334
-55jA923498
10134100
10010031100
10110134
101 176349770100
9597
84
97
82102
8410210288
SO
50
94%
90
Helena L&Ry 1st 5s '25 op M&SHest Man & Fair—See Philo, ItHonolulu Rap Trans & Land-
1st g 6s 1927 op 1917_ _ _M&NHoughton County Traction
1st con g 5s 1937 J&J Houghton Co St 5s 1920_J&J
Hous El 55 1925 op 1910__F&AIllinois Central Traction-
1st M g 5s 1033 op guar_J&DIllinois Valley Ry-
1st s f g guar 5s 1935___M&SIndiana Columbus & E Trac—Gen & ref g 5s '26 op '11.M&NCol Lon & Springf bs '20.A&O
Indianap Columbus & Sou Tr-1st M g 5s Feb 1 1923___F&A
Indianan & Green Rap Tran-1st g 5s Jan 11029 J&J
Indianap & Martinsv Rap Tr-1st g 5s 1932 opt .1,1cd
Indianapolis Northern—See UniIndianapolis dr Northwest Tr-
1st g 5s 1923 opt M&SIndianapolis & Southeast Trac
1st Mg 5s 1935 J&J Ind'p Shelbyv dr Southeast 1sts f g 5s Jau 1 1932 J&J
Indianapolis Trac & Term Co-1st s f g bs Jan 1 1933. .._A&OIndianan St gen 43 1933 J&JCitizens' St con 5s g '33..M&N
Indiana Union Traction-1st g 5s July 1 '33 op '08.A&OIndiana Nor 1st g 5s '33_A&OMunc & Un Cy gu 58'36opJ&J
Interborough-Metropol Co—Coll trust g 4%s 1951L A&O
Interborough Rapid Transit-1st & ref g 5s '66 op tax-exJ&J
Internata 'Fraction (Buffalo)—Coll tr 4s' 1949 J&ABuff Ry 1st con M 5sg'31.F&NCross St Ry 1st 5s g '32_M&NBuffalo Trac 1st bs '48..J&DBuff Bell & Lan es 1927_J&D Buff tic Lock 1st g 5s 1938_J&JBuff & Niag Falls Elec Ry-
1st M 5s g 1935 ,j,¢,,j2d intg g 5s '21 op '01_ _J&J
Internet Ity ref 58'62op M&NLockp & Olc 1st g 5s '20.. _J&J
Interstate Itys—Col tr g 4s1943 op 1913 F&A
Interurban Ry & Terminal-1st g 5s Jan 1 1928 Q-J
Iowa Ry & Lt (Cedar Rapids)-1st & ref g 59 1932 op '15 M&S
Ironwood & Bessemer Ry & Lt1st s f g 53 '36 op aft '15_ F&A
Jackson & Battle Creek TrackJackson Consolidated Traction'Jackson (Miss) Light & Tr-
1st s f g 5s 1922 opt '14_ _A&OJacksonville Traction-
1st con 53 Mch '31 opt_ _ M&SJacksony El 5s '27 opt__ M&N
Jersey Central Traction-1st g 53 1931100Gen & ref g .5s '54 op '14M_ADN
Jer City Hob az Pat—See PublicJohnstown (Pa) Pass Ry—
Rfg g 4s 1931 J&DJoplin&PittsRy lst5s'30 op M&SKan City Ry & Lt Co 1st lien
ref g 5s 1913 optM&N156% notes Sept 1 1912_ M&S/Central Elec g 5s 1914.... M&NK C Eley Ry 4sg'd '22J&J
G't'd Os, 1922 J&J/KC&Westp Belt 58'26 op.J&JMet Corrigan Ms 5s 1316...T&JMet St 5s 1910 ext to'13.M&N
Kan City-Western—lst refg gOs 1925 opt Sept 1 '10__M&S
Kentucky Trac & Terminal-1st & ref gu 5s '51 op '14F &ALexington Ry 1st Os '49_J&D
Kentucky Util 6s '19 A & 0 '15Kings Co El—See Bklyn Rap TrKnoxville Railway & Light—Cons M bs '45 op '10____M&SRef & ext 5s 1946 op.. J&DKnoxville Trac Os 1938_ _ A&O
Kokomo Marion & W Trac-1st g 5s July 1 1933 J&J
Lackawanna & Wyo Val R TColl tr 5s 1951 FL -A
Lake Sh Eiec 1st con g 5s '23J&JGen g bs Feb 1 1933_ _ F&ALor & Clev g 5s '27 op '17.J&JSand Frem & So Os 1936..J&JTol Frem&Nor5s'20op'05J&J
Lake St El—See Chic & Oak PkLehigh Valley Transit-
1st M g 5s Dec '35 opt__M&S1st M g 4s Dec '35 opt.. M&SCons g 4s 1935 J&DRef & Impt g 5s 1960_ _J&D
Lewiston Augusta & Watery-1st & ref g 5s, 1937 op- A&O
Lew Br & Bath 1st g Os 18.M&SLexington Ave & Pay Fer—SeeLox & Bost 1st g 4%s '20_A&OLexington (Ky) Ry—See Ky TrLindell Ity—See United FlysLittle Rock Ry de Elec-
1st g 5s 1933 op 1908.... _A&ORef & ext g (3s 1938_ _ _ _A&O
Lockport & Olcott—See InterLorain & Cloy—See LakeShElecLos Angeles Pac—See Pee El ItyLos Angeles & Pasadena—SeeLos Angeles Ry Corp-
1st & ref s f g 5s, 1940__J&DLos Ang Ry 5s g 1938A&O Los Aug Trac 1st g 58'38 Jac D
Louisville & Nor Ry & Light-1st g 58 1925 opt 1910.... .J&D
Louisville Traction—Loulsy Ity con M 58 g '30.J&J2d mtge 45s 1940__M&SGen M 55 1950 F&A
Newark Pass Ity—See Public SeNew Bed MIddleb & Brock—SeeNew Bedf & Onset 1st 5s'22.J&JN II & Centrev 1st 58 g'33 M&SN J & Hind Riv Ity & Ferry-
1st gold 4s 1950 opt__-
_M&SNew Orleans Ry & Light Co—'Gen M 434s g 1935
& Refazgen5s'49op'19serA aljazNjSeries B
Deb g gu Gs 1916 opt. ..J&DCanal & Claib 1st as '46.M&N N 0 Cy RR—Gen g 5s '43J&JN 0 Cy & Lake Os 1943.J&J
Power-house Os 1917.. _J&JNO&Carroll con5sFeb'33.J&JEdison El 1st 5s 1929_ _J&J
N 0 Pow-House Co 5s '41.J&JSt Charles St 1st g 4s'52 J&J
Newp't & Day'n—See Cin N'ptNewp'tNews&01(iPt Ry & ElCo
1st g 5s Nov 1 1938____M&NGen g 5s Mar 1194L_ _M&SCitizens Ry L & P 59'401M&N
New W'msburgh & Flatbush—New York Railways-
1st R B & ref 4s '42 op'16_J&JAdj Inc g 5s Jan 1942___A&OBleeck St & FF 1st 4s '50_J&JBway&7th Ay Cons 5s'43J&E)Bway Surf RR 1st 5s '24_J&JCenCrosstown 1st 6s'22.M&N
Chris&lOth St lst4s'18A&O Col & 9th Av 1st Os '93_ _M&S
Eighth Av cert Ind 6s'19.F&ALexAv&P Fy 1st 5s g'93.M&SSecondAy con 5s g'48 gu.F&A
Trust Co Ws of deposit_-Smith Ferry 1st 5s 1919_ A&I0
Tar W P & Mam 5s g '28M&S Third Ave—See under "T."34th St Crosst 1st Os '06_ A&O23d St. Ry. 53 1962 J&J
N Y & Queens Co 4s g '46_A&OSteinway Ry—lst g 6s'22.J&J
102%91%98 -
88
100% 98%
1002w3
92%88%
85RapidUnited
97355
96Nash R
90& Elec
72%673
70970510293%101%
88bile Co101 Ys
100Rapid9996101Co
92
99
933/i91100
42%
80
98!
75
9984100101
107108
55rv CorpOld Col
85102
8234
7779
10034
10110534 100102100958734
& Covl
9985
See Bkl
7634603461101110097
1009910034
1 55
f
959493100
1033492349834
91
9834
923489
95
8734TransitRRs
9863
97y & Lt
9034
73346934
809899 93%10306 101%
9234
9334
101%Transit10098104
93% 76
100
959134
48
84
100
80
75
101853410134103
110113
65
ony90
8334
7934
10034
101
104105
91ngton
yn R T
7634617010034103100
10034
1011010
100963497
NY&Stamf—lst g 5s '31__A&0Ist&ref g4s'58op af'14guM&N
New York State Rys-1st eon g 434s '62 op '13M&N
N Y Westch & Bos—See SteamNorf & All Term—See VaRy&PNor( & Ports Tr—See Va Ry &PNorfolk Railway & Light-
1st cons g s f 5s 1949__ M&NNorfolk St 1st g 5s 194-4Jaa
Northern Illinois Lt & Trac- 1st M gold Os 1923 guar_ _J&J
Northern Ohio Trac & Light-1st consol g 5s 1933 1st consol g 4s 1933
J&JJ&J
Nor Ohio con g 5s 1919J&JNorthern Texas Electric Co-Coll tr s f g 5s 1940 opt J&J
Northern Texas Traction Co--1st g 5s 1933 opt 1913.. J&J
North Hud Co Ry—See PublicNorth Jer St—SeePubServCorpNorthwestern Elevated (Chic)-
1st M 55 1941 optW,Union El (Loop) 5s g'45_ALS M
Norwich St 1st g 5s '23A&ONorwich & Westerly Traction-
1st & coil g 5s 1932.. M&N Oakland Traction Co—Gen con 5s Jan 18 '35__J&J18Oakl Trac cons Os 1933__J&J Oak Tran 1st con E f 5s'32 J&J Oak Tran 1st con g 5s '31_JdziOak Tr Co con g 6s '18_J&J
Oklahoma Ry-1st & ref g 53'41 opt '21__J&J
Old Colony St Ry ref 4s '54_J&JNew Bed Middleb & Brockt-
1st g 5s Jan 11920.... _J&JSo Shore & Bog g 5s '197. F&A
Omaha dr Council Bluffs StRy-1st consol g 5s 1928971;
BrOmaha ac Coon Bluffs Ry &jtij1st cons g 5s Jan 1 1928__J&J
Omnibus Cable(San Fran)—See-Oregon Electric Ry
-1st g 5s 1933 opt___ ___M&N
Ottumwa (Iowa) Ry ticLight-1st & ref g 5s 1924964Ottum Tr & L 1st Os '21_AjLj
Pacific Elec Ry g 53 1942__J&JCalifornia Pacific 5s '4E _J&J Los Angeles Pacific Co-
1st ref g 4s 1950 opt'15_JaaL A-Pee RR con 58'31 A&OL A Pa RR Cal 5s '43_M&S
Los Ang & Pas 5s g 1928_J&J'Pacific Pow & Lt—See underGasPaducah T&L col tr g5s'35 M&N
Paterson Ry—See Pub Ser CorpPeekskill Lt & ItR-5s '30.A&OPenn & Mah Vail—See Mah &Pensacola El Co 1st 5s '31_ F&APeople's Tree—See Phila R TPeoria Bloom & Champ Trac—
lst g guar 5s 1936 M&N,Peoria Railway-
Ist&ref 58'17 to '26 op gu F&APhiladelphia Company-
1st coil trust g 5s 1949M&SCons mtg coil tr g 5s '51.M&NCony deb g 5s 1919 F&ACony deb g Os 1922 opt_M&NArdmore St 5s 1958.. A&OCentral Trac 1st 5s 1929_J&JCitizens' Trac 1st 5s 1927A&ODuquesne Trac 1st 5s '30_J&JFed St & P V 5s May 1 '42J&JFt Pitt Trac 1st 5s 1935_J&DGas Cos—See Gas Secur, p 44Millvale Etna & Sharpsb-
1st g 5s 1923 M&NMonong St Ry 5s g 1928.J&DWilk&EPit 1st g5s'29 M&S
Mount Washington St Ry-1st & coll tr gu 5s 1933.A&O
Pitts Alleg & M gen 5s'30A&OPitts & Blr Tr 5s g 1929_M&NB K & A Trac 68 1931.M&SBrownsv Ave 5s 1926_F&AW Liberty 1st g Os '30 J&J
1st g 5s 1931 J&JPitts Trac—See Phila CoPortland (Me) RR-
1st con 334s 1951 op '31_J&J 1st 1 & con in 55 1945_ M&N
Patland Ity Lt & Power-1st & ref s f 513 1942 op_ _ F&A5% notes May 1 1917___M&N Portl'd Ity ref 5s '30 op_M&NCity & Sub 63 116 op_ _M&SCon g 4s '30 op '15_J&D
Port Gen lee 1st Os '3O...TArJ F
lads price Includes accrued interest. k Last sale. n NornInat. • riale price.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
.
42 STREET AND ELECTRIC RAILWAY SECURITIES. [VoL. 102.NOTICE.—All bond prices are now "and Interest" except where marked "f" and income and defaulted bonds.
Bonds. Ash. Bonds. I Bid. Ask. Bonds. Bid Ash.
Porto Rico Rys, Ltd-1st g 5s Nov 1 1936 op_ M&N
Providence Securities Co—Deb g 4s '57 op '17 gu__M&NR I Sub 1st g gu 4s. '50_ _J&JUnited Tr&E1 1st 5s '33 M&S
Public Service Corp of N J—Trust certs 6% perpet_ _M&NGen g 5s Oct 1 1959 op_ _A&OCamden Sub 1st 5s 1940_J&JCons Trac 1st 5s 1933_J&DEltz Plaint & Cent Jer Ry-
1st g 5$ Dec 1 1950_ _ _J&DElizabeth & Trent 59'62 A&OGas Cos—See Gas Secur p. 44C Hob & Pat 43 1949_M&N
Newark Pass con 5s '30 ..J&JNewark Term Ry 5s '55_J&DN Hud Co Ry cons 5s '28_J&J_2d 5s ext to 1924.. .._M&N
Nor Jer St Ry 4s 1948_M&NOr & Pass Val 1st 5s '38.J&DPaterson Ry—Con6sg'31J&D2d Os '14 ext 5% to '44A&O
R Tr St Ry 1st M 5s g'21A&ORiverside Trac 5s 1960_J&DSo Jersey Gas El & Trac—Guar g 5s Mch 1 1953 M&S
Pueblo & Sub Tr & Ltg-1st s f 53 1922 A&OPueblo Tr & Ltg 5s'21 op J&J
Puget Sound Tr L & Pow—Mort 6s Feb
1919P&APuget Sound Electric Ry-1st consol g 5$ '32 op_ P&ATacoma Ry&P 59 '29 A&O
Puget Sound Power Co-- 1st g gu 5s 1933 opt J&DQuebec Ry L H & Pow—Cons g 5$ 1939 opt J&D
Rapid Ry—See Det United RyRap Tr St Ry—See Pub Ser CorReading Trac (3s 1933J&JRead& Wom—lst 5s g '25 J&J
Republic Ry & Light-570 notes Dec 1 1918 J&D
R Sub—See Prov Secur CoRichmond (S I) Lt & RR-
1st coil tr g 4s 1952 J&JRio de Janeiro Tram L & P-
1st g 5s 1935 J&JRoanoke Tr & L 1st 55 '58_F&ARoch Ry & Lt 5$ '54 opt.. ..J&JTax exempt Roch Ry cons 5s g 1930_ A&O2d 5s g 1933 J&D
Roch Syr & E 1st 5s 1945_M&NRock Island Southern Ry-
1st g 5s 1947 op aft '13_ _J&J Rockford & Inter-Urban Ry-
1st g 5s 1922 op 1907___A&ORockford & Freeport 1st g gu
Os 1923 op aft Feb '10 M&NRock B & J 1st g 5s '30guA&O
Rutland RyL&P lst5s'46 M&SSacramento Elec Gas & Ry—Cons 53 Nov 1 1927_ ___M&N
Saginaw-Bay City Ry-1st & ref g 5s 1935 M&SSaginaw Val Tr 5s 1920_ P&A
St Charles St—See N Or Ry & LSt Joseph Ry Lt Heat & Pow-
1st g 5s Nov 1 1937_ _ _M&NSt L Cable—See Un Rys (St L)St L Cable&W—See U Rys(StL)St L & Mer—See Un Rys (St L)St Louis Springf & Peoria RR-
1st & ref gu g 5s '39 op_ _J&DSt Louis & Springf 53 '33_ J& DSpring & N E Tr 5$ 1936 J&D
St L & Sub—See Un Rys (St L)St L Tran—See Un Rys (St L)St Paul City—See Twin C R TSalt Lake Term 6s 1935 J & D Sand Frem & So—See Lake ShElSan Fran Oak & San Jose Con—Con 5s May 19 1938_ _M&N19SFO&SJ Ry 1st 5s '33_J&J
2d M g 5s 1933 s f J&J Santiago (Cuba) Elec L & Tr-
1st g 63 1959 opt '19J&JSao Paulo Tram L & P, Ltd-
1st g 5s June 1 1929_ _J&DSavannah Elec Co 5s g '52_J&JSchenectady Railway Co-
1st g 4s 1941 op 1911_M&S Schuylk Trac—lst 5$ 1943 A&O Scioto Vail Tr 1st 5s 1923 M&SScranton Ry—lst 5s Nov'32J&JGen g 5$ 1920 opt M&N Am Rys Tr ctfs—See Am RysScran Trac 1st 6s g '32_M&NScran do Carb Tr 1st (3s '23J&J Scran & Pittston Os '23_ _A&O
Seattle Elec 1st g 5s '30 op P&ACon & refg $ f 5s 1929___F&ASeattle Ry 5s 1921 opt.._M&N
Seattle-Everett Traction-1st M g 55 1939 op '14. M&S
Second Ave—See N Y RysSecond Ave Trac---See Phila CoSharon & New Castle Ry-
1st g 5s guar 1931 J&JShrevep Rys—lst 5s '18-'44J&JSioux City Service Co-
1st & ref s f g 5s '28 op J&JSioux City Tr 1st 5s 1919 J&J
South Carolina Lt Pow & Ry-1441st s f g 58 1937 opt__ _M&NSouth Coy & Cin—See Cin NewSou B'vard—See Third Ave RySouth Elec Ry—See United RysSouthern Light & Traction—
Coll tr g 5s 1949 opt_ __M&SSouth Ohio Tr—See Cin Day &Southern Trac—See Phila CoSouth Ferry—See N Y RysSouth Jer G E & T—See Pub Ser
83
64% 8399
10490102101M
9491
7510499A10198789311010110092
983
87%97
100M
8085
94
533
108100
98
60
878510031,100A1029954M
I
90
909082
1021i
7897M
95
929999
3882
92
8773
9098
108
1009598
92
97b 53%
94%
85& Coy
(St L)
90Tol
Corp
85100
105903(1
1023
96
76A105A100
79
103
95
100
90100
101A
8590
97
54M
111101M
99
65
9090101%101%10410156
38
95
959587
103%
83100
97
94%
103
102
8672M
96
9075
98100
112M
10197100
94A
100
97
90
94
South Sh & Bost—See Old Colony So Side El 4 Ms 1924 op '10_J&J
Southwest Missouri RR—Gen & ref 5s 1931 M&SSW Mo El Ry ref 5s 1923_M&S
United Power & Tran—Del Co & Phi tr ctfs45'49 J&JUnited Rys tr etts 45 '49 _J&J
United Rlts of San Fran—S f g 4s April 11027. __A&OMarket St con g 5s 1924_ M&S
Omnibus Cable 1st 6s'18 A&O Unit Rys & Elec (Baltimore)-
1st consol g 4s 1949__ __M&S Incomes g 45 1949 op '29 J&D
Inc funding g 53 1936.. J&DB C & Ell Mills 5s g gri'16_J&JBait Sparrows Pt & Ches-
1st g gu 4Ms 1953_ P&A Balt Trac Co 1st M 5s'29_M&N
No Bait Div 1st 5s '42_ JtIt DCent Ry con M g 5s 1932._ M&NExt & imp 5s 1932_ M&S
City & Sub 1st 5s 1922_J&DLake Ro El 1st Os '42 M&S
Unit Rys (Phila)—See Unit P & TUnited Rys of St Louis—Gen g 4s July 1 1934____J&J Cass Av & F Gds 1st 5s 1912Ext at 434% to 1922__J&J
Lindell Ry 1st g 5s 1911exten at 4M% to '21_F&A
Compt HUD&M Ter 6s '13Ext at 5% to 1923._ _J&J
St Louis Ry (B'way) 5s 1910ext at 4M% to 1920_M&N
Southern Elec 5s 1916__F&AUnion Den con Os g 1918_J&DSt L & Sub 1st Os g 1921 P&AGen g 5s Apr 1 1923 gu A&OSt L& Meram 6s g'16 _M&N
StLouls Trans Co5s192 I A&O United Rys Investment Co-
1st lien coil tr of g Os '26 M&N
90
98100
78ngf & P
81
89
90
679992
nd Elec
98
91
9698
813(I 83107
96/ 15
1009089
ee N Y
95
100M5896919711090
1003i93A
101106106A101%IOLA100
101%
Louis
88100
9176M
87100100
6275
43%66
613%863'-100
97103A1051051051023-104
98
98
100100
109083( 102A 10072(100%
703's
82Meoria—
85
93
94M
7110194
100
100
88
82%83M
1003-s25
102M9595
Rys.
85
98
101%639894
100%96
1013j
___ _102A102M
103
94 84
„WorcRYonkers
ilYork
9678M
88101101
6675%
44
94
8462863-i
98104M1053i106106102U
62
98
73M_
57
73M
United Traction (Albany)— Deb g 4s 1919M&N
Con g 43-is 2004 Tax-exempt
J&D
Albany Ry con M 5$ g '30 J&)Gen g 5s 1947 J&D
WTurthlatR 1st g 68 '19 M&N2s g 6s 1919 M&N
Troy City Ry 5s g 1042_A&OUnit Tr (Pittsb)—See Philo, CoUnit Tr & El—See Prov Sec CoUtah It & Ry (Salt L City)—Cons Ry & P 1st 5$ '21__J&JUtah L & P 4s—See Gas Cos,
Utica & Mohawk Valley Ry—1st g 4Ms 1941 Utica Belt L 1st g 5s '39 MM,..t&NS2d g 5s 1931 J&J
Virginia Ry & Power-1st & ref g 5s 1934 J&JNod & Atl Term 5$ '29 M&S_ Norf & Ports Tr 5s '30.. J&D
Wash Alexandria & Mt Vernon1st g 55 1955 opt
Washington Bait & Ann El—M&S1st M 5s Mch 1941 op_M&S
Wash Ry & El g 4s 1951J&DAnacost & Pot lis 1949—A&OGuaranteed
City & Sub 5s g 1948.. .F&AMetropolitan 1st 5s 1925 P&A
Washington Water Power Co-Consol & coil tr g 5s 1929_J&J1st refg g 5$ 1939 op____J&J
Waterloo Cod Falls & No Ry-1st Ms f g 58 1940 op '15_J&J
Watervliet Turnpike & RR—SeeWestchester Elec—See 3d AvltyWest Chester (Pa) St Ry-
1st g 5s Aug 7 1932 F&A West End St—See Boston El West End Trac—See Phila Co
Western N Y Sr Pa Trac-1st & ref g Os 1957 op '12_J&J
W Ohio Ry—lst 5s 1921_ _M& N West Liberty St—See Phila CoWest Penn Railways Co-
1st g 5s Jan 1 1931 A&OPitts McKees & Connells RR
1st cons g 5s Jan 1 '31_ _J&JWest Penn Tr 1st 5s 1900_JasD80u0,
es6% not 1917 op W Philo, Pass—See Phila R TWest Virginia Trac & Bloc-6% notes 1917 J&D
Whatcom Co Ry&Lt 53'35M&N Wheeling Trac 5s g 1931._ _J&J Wilkes-Barre & Hazleton RIt-
1st coil tr g 5$ 1951_M&N 15Wilkes & Wyo Val-5s '21 A&OWIlkinsb & E Pitts—See Phil CoWinans Elec Os 1923 J&JWilm & Ches Tr g 5$ 1918_ A&OWinnipeg El—lst ref 55 '35 J&J6% notes Jan 15 1918_J&J 15
Wore Con St 4Ms g 1920_51&S1st &resf g1042M7 $ 1930____F&ADeb g 8 M&N
Wore & Clint 1st g Os '19_ J&JWore & Marib 1st 5s '17_ A&O
Worc&Southb 1st 4s '22 M&S& Web 1st g 5s 1919_J&D
Ry—See Third Ave RyRys—lst M g 541937 opJ&D
Youngstown & Ohio River-1st M g 5s 1935 opt '15.A&O
Youngstown & Southern Ry-1st M s f g 5$ Oct 1923 _A&O
Youngs-Sharon Ry & L—See MZane3v Ry L&P—See Col NewSTREET RAILWAY STOCKS
Par.Albany Southern RR corn.. 100
Preferred 100 Allegheny Trac—See Phila. CoAmer Cities Co corn 110000
American10309
Arkansasnre(Ri Railways Co Preferred val R y
L & P pf-__100Augusta-Aiken Ry & El,- _100
Preferred 100 Aurora Elgin & Chicago___100
Preferred, 100 Bangor Ry & El common.... 100
Preferred 100Bay State St Ry 1st pref 100Birm Ry Light & Power.. _..100
10 y0s PreferredBleeck St & Ful Fy
_seeNyR
Boston Elevated RR 100West End Street Ry com_50
Preferred 8%9 Boston Suburban Elec Cos3--
Preferred_ Boston & Worcester Elec Cos_
Preferred Brazilian Tr L & P Ltd 100B'way & 7th Av—See N Y Rye
Brooklyn Rapid Transit._., _100Brooklyn City R it
10
Ry & Pow prior pref_ _100Calif St Cable RR (San Fran)100
Camden&Sub—See Pub Her ConCapital Trac (Wash, D C). _100Carolina Pow & Light, com_ 100
Cent Arkan Ry&LCorp prof 100Cent Crosst—See N Y RysCent Pk N&E R—See N Y RysChar Con Ry Gag & Elec Co_50 Chic City & Conn corn part ctfs_
Pref panic ctfs Chicago City Ry 100
90 83%833979710010194
98p. 45.
10953102
90M
82M
838680 q,97M09102k 104
100100
Un Tr
75
83
100
10010
979091%
/3099
909995100
94—
913
98983.97100100100M, 97M 98
94M
94
ah & 8& Zane
4240 x3
4 936985
10
351141005070
80 Yj,d 65
d 84
5
50
1875 %0
85
873'2995
dd 3d 17
91 M8708798 298101M101M97
100
108105
9192
87
80%803
101101
92A(Alb)
85
86k 84
100k
101310831
999395
40101
95100
101
97M
95y4,
97m
Thy & Lmile
4255
319790
2044401161106070
82608643-i40
a 4452
82718200
8833199
3Yi,1741073's
* Assessment paid, a purchaser also pays accrued dividend. d Price per share, not per cent. /This price includes accrued int. k Last sale •n Nominal. a Sale price. s Ex-dividend. y Ex-rights. Min.—Minimum price on Montreal or Toronto Stock Exchanges.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
MAR., 1916 1 STREET RAILWAYS-MISCELLANEOUS SECURITIES. 43
Stocks. Par.
Chicago Elevated Rys corn Preferred
Chicago Rya partic ctfs ser 1_Series 2 Series 3 Series 4
Chris & 10th Sts—See N Y RysCin Dayton & To! Tr corn.. 100Cincinnati d Hamtlton 100
Preferred 100Cin New & Coy Lt dr Trac 100
Preferred 100Cincinnati Street Ry 50Citizens' Pass—See Phila R TCitizens Trac—See Phila CoCity Pass Ry—See Reading TrCity Ry (Dayton, Ohlo)—..100
Preferred 100Cleveland Ry 100Clev Painesv & Eastern._ 100Cleve Southw dr Col Ry 100
Preferred 100Columbia (SC) Ry Gas & El 100
Preferred 100Columbus Ry Pow & L corn_ _
Preferred A. Preferred B
Com'ith Pow Ry & L corn.... 100Preferred 100
Coney Island & Bklyn RR.. 100Conn Ry & Lighting 100
Preferred 100Cons Trac of N J—See Pub S CContin Pass—See Phila R TCumb'I'd Co (Me) P &
Preferred 100Dallas Elec Co common - 100
1st preferred 1002d preferred 100
Dayton de Western common_100Preferred 100
Denver & Northwestern Ry_100Detroit United Ry 100Duluth-Superior Trac Co.. 100
Preferred 100Duquesne Light—See Phila Co_Eastern Penn Rys corn 100East Read'g El—See R'd'g TracEast St Louis & Suburban.. 100
Preferred 100Eighth Ave—See N Y RysElmira W L&RRlst pf v t 0_100El Paso Elec Co common.. 100
Preferred 100Fairm't Pk&FIad—See Phila RTFairmount Park Transport'n 50 d Federal Light & Trac com__100
Preferred 100Ft Wayne & Nor Ind Trac.. 100
Preferred 100Galveston-Houston El Co.. 100
Preferred 100Georgia Ry & El Co stmpd_100
Preferred 100Georgia Ry & Power corn.. 100
First preferred 100Second preferred 100
Grand Rapids Ry preferred.. 100Havana Elec Lt & Power.. _..100
Preferred 100Holyoke Street Ry 100Houghton County Tr corn.. 100
Preferred 100Illinois Traction common_ _100
Preferred 100Indianap & Southeast Tr pf_100Indianapolis St Ry Co 100Indiana Rys & Lt common...100
Preferred 100Indiana Union Traction 100Interboro Consol Corp v t
Preferred 100Interborough-Metropolitan Co-Common vot tr ctfs ext 100Preferred 100
International Trac (Buffalo) 1004 % preferred 1007% preferred
Louisville Traction Co 100 67 Preferred 100 101130
130 150 Manhat Elev Ry (N Y) 100 130
10934 110 Mass Electric Companies 100 634 Preferred, stamped 100 35 Memphis Street Ry com 100
Preferred 100 Mexico Tramway 100
80 Milw Elec Ry & Lt pref.. _.._100 10053 . 55 Monongahela Val Tr corn...... 100 60
7334 Montreal Tramways corn 110000 75 99 100 Preferred _
6134 6234 Montreal Tram dr Pow I85 86 Nashville Ry & Light pref.. 10990 100 National Properties pref___ 10968 70 New Bedford & Onset Ry -10070 New Eng Inv & Sec pref gu_100
New Or! Rys & Light Co___100 22Preferred 100 61
50 55 New York Railways 1.0 294 9534 Bleecker St & Fult'n F'y 1000182
20 25 Bway & 7th Ave guar.._.. ..100 16083 86 Central Crosstown 7%_ 10055 58 Christopher & Tenth Sts.. 100 Eighth Ave.. 100 42d St & Grand St Ferry.... 100
Philadelphia Traction 50,d 7951 8 13 Ridge Ave Pass ($28. paid) 59d 230 k 8034 2d & 3d Sts Ry guar 50d 23539 4234 13th & 15th Sts Pass Ry 50d 23587 Union Pass ($30 5-0 pd) 501d 85 88 Union Traction ($1734 pd)_50d 4334934 1014 West Phila Pass guar__ 50d 190
110275220125
Ask. I
22%1951
265k 12051
62347101121
k 4351601507880240210240
8 1834334195
Stocks. Par. Bid. Ask.
Pittsb & Birm—See Phila Co Portland (Ore) Ry Lt & Pow— New stock (75% paid)___10026 'Porto Rico Rys Ltd 1006034 Preferred 10026 Providence Securities Co-75 United Trac & Electric.. ....100 926 Public Service Corp of N J 100 11685 Camden & Sub ($5 paid) 25 d 1920 Consolidated Trac of N J_100 7147 Elizabeth & Trent corn 50 402134, Preferred 50 724334 Rapid Transit St Ry Co.. _100 225 So Jersey Gas Elec & Trac 100 127 Puget Sound Tr Lt & Pow.... 100 236734 Preferred 100 6710134 Quebec Ry Lt Heat & Pow 100 15132 Railways Company General.. 10 d Reading Traction 50 d3634' City Passenger Ry 50 d
East It ading Electric Ry 50 d Reading Transit & Lt, pref.. 50 d41 Republic Ry dr Lt com____100 Preferred 10065 Richmond Light & RR 10080 Roch Ry & Light preferred....100220 Rutland Ry Lt Sr Pow 10040 St Jos Ry Lt Ht & PowPref_ 100 San Fr-Oak Term Rys pf A 100 Savannah Electric Co 100 Preferred 100 Scioto Valley Trac com........100
First preferred 100 Preferred 10023 So Jer Gas El & Tr—See Publi25 Southwest Missouri RR_ 100170 Spokane & ml Emp-Cap stk 100
Preferred ctfs 100130 Springfield (Mo.) Ry. & L. pref Tampa Elec Co 100260 Tennessee Ry L & P corn......100160 Preferred 100 Terre Haute Ind & East.____100120 Preferred 100260 Terre Haute Tr & Lt pref.. ....10062 Third Ave Ry (N Y). 100,81 Toledo Bowling Green & So.. 10026 Toledo Rys & Light Co 10090 Toledo Trac. L & P corn.. 100. 19
Preferred 100, 559934 Toronto Railway 100 104 Tr-City Ry & Light Co.. _100'86 Preferred 10015 23d Street—See N Y Railways60 Twin City Rapid Transit...... 10050 Preferred 10072 UnionStRy(New Bed,Mass) 10090 Union Trac of Ind corn 100
First preferred 100 Second preferred 100 United Light & Rys corn .....100
First preferred 10042 Second preferred 10039 United Railways of St Louis-4434 Common vot trust ctfs 100 Preferred 10055 United Rys & Elec(Balt) corn 50109 United Rys Investment Co.. 10022 Preferred 100
United Trac & Elec—See ProvVirginia Ry & Power corn__ _100
Wash-Virginia Ry, pref 100Washington Water Power Co100 85Western Ohio RR ctfs 100West Penn Rys preferred......100West Penn Traction pref.. ....100West Penn Tr & Wat Pow.... 100
Preferred 100Winnipeg Electric Ry 100Wisconsin Edison common....100Wisconsin-Minn L & P. pf_100York (Pa Rys common 50
Preferred 50
7270%17%44
40100
d 10%d 37
2045100
94117512072
129246916%
k 8%k 27.%120
902267%20
2570
25159985
e Corp
10014510%45%83010460
2160107
96
96
5014517551
620281528
50102
k 53430348882
a Purchaser also pays accrued dividend. d Price per share, not pr cent. k Last sale. a Nominal. a Sale price. t Stamped stock.stock. X Ex-dividend. y Ex-rights. z With common stock bonus. min. Minimum price on Montreal and Toronto stock exchanges.
MISCELLANEOUS SECURITIES
7254z9037%
•Quotations marked "f" indicate that accrued Interest is included in the price. Prices not marked are "and interest,"
that is, purchaser has to pay accrued interest in addition to the price. This, however, does not apply to income bonds
and bonds in default, in which oases the price takes account of the interest and no designating mark is employed.
NOTICE.—All bond prices are now "and interest" except where marked "f" and income and defaulted bonds.
1740
1157085216610821567%
722129580
c Servic
951421044%5251015954
94%
95128%16453910%507451
5%1934
d 2751427%
Sec Co
100
z • 85x 81%
90
75731844%1354310310%37%
w New
Bonds. Bid, I Ask. Bonds. Bid. Ask.
COAL. IRON & STEEL BON DS.Ala'Steel Slxipbidg—See Tenn C I & RR.Beech Creek C & C 5s '44_ _J&D 90 93Bethlehem Steel Corporation—Beth St let ex g 58 '26 gti.Jda 10334Beth St pur m Os Aug '98.Q-F 120Beth St 1st 1 & ref 5s'42_M&N 102
Bon Air Coal 2d ser 68 '28_ Ada 85Buffalo Iron 5s 1925 A&O 80Buffalo&Susq Iron 5s 1932J&D 9534Deb g Pis Jan '20 op '10_ _M&S 93
Clearfield Bit Coal 4s 1940_J&J 70Col Fuel & Iron s f 5s 1943.. P&A 93 9334
Col Fuel gen g Os 1919.._M&N 100Gr'd R1vC&C Os July'19.A&O 9.134
Colorado Industrial-1st g gu 5s ser A&B '34opFdcA 7551'
Cons Ind Coal 5s '35 gu opt.J&D 18 1Consol Coal 450 1934 opt_ M&N 93 I
let & ref 8 f g 5s 1950_ _J&D 9234Cons- g '23 o aft '16.P&A 104 I
Continen Coal 5s' 2op'06._ P&A f 20Domin Coal 5s '40 op 10....' M&NI 94Dominion Iron & St 54 1929..1&J
104122102519588
75%
94931054590
Eastern Steel lst5s'3 lop'16F& A 89Fairmont Coal 5s 1931 J&J 9734Grand River Coal & Coke—See Col Fue[lock Val Products 5s '61 op.J&J n 23Illinois Steel—Deb 450'40. A&O 9134Indiana Steel 1st 5s 1952.... M&N 10234Inland Steel 1st 6s 1910-28_ A&O b 551%
Ext&ref Os '42 op'16 serA.J&J 1031(Jeff dr Clear C&I 1st 5s '26_J&D 100342d gold bs 1926 J&D 93Indiana Co 1st s 1 58 '50 _J&J 92
Jones & Laughlin St 5s'39_M&N 105Kanawha & Hocking C & C Co
1st g gu 51 5s '51 op '06 _JSeJ /.. La Belle Iron Wks Os 1923_J&I) 103
1st & ref 55 1940 J&D 9834Lackaw St 5s '23 op to '06 _ A&O 9934
1st 5s 1950 op after 1915.M&S 9234Eq 5s 1916-26 M&S15 9934
Latrobe-ConnellsvIlle C tic C-1st s f g Os 1931 opt J&D 100
Lehigh Coal & Nav—Gen M g 4 May 1924_Q-F 102FurvIlne la g TolvJ 104R_ fk.I Oft
929851'
I& Iron.279251102345%
10451102
100
99%10094100
Bonds.
Lehigh Coal & Nay (Cond. )—Col tr power 434s '21 op_J&DColl tr g 4%s 1930 op_ _ Mex NCon s f g 450 1954 JSrJ
Leh dr W-Barre Coal—See CentMaryland Steel 1st 5s 1922.P&AMexican C & C 5s 1926 op..M&SMidvale Steel & Ordnance—Cony s f 5s 1930 M&S
Monon Coal—See Chic Ind & LMonon Riv Con C&C6s'49 A&ONational Tube 1st 5s 1952 M&NN Y& Wilkes-B Coal 0.9 '33.M& NO'Gara Coal5s 55 op aft'08.M&SPennsylv C & C 1st 5s '32 opJ&JPennsylv Steel 1st 5s 1917.M&NPa&Md Steel con g 6s'25.M&SSpan-Amer Iron 6.5 1927_J&J
Pitts-Buff sf 5s'29 op aft'12.F& APitts Coal deb 5s July 1931M&SPittsburgh-Westmoreland Coal-
1st s f g 58 1947 opt_ _ _ _M&NPitts & Westm C5s'25op.M& N
Pitts Wh & L E Coal 4s '31_J&J
Bid. Ask.
99100103
RR of •100
99Ry p 35113%101
n 25In 3096%10010534102%85
101
103%NJ p 3410122
9951
ling
4098101106103909851
10251
/Oasis. f This price includes accrued interest. k Last sale. n Nominal. s Sale price.OR
• 65n 90f 18
759528
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
44NOTICE.—All bond prices
MISCELLANEOUS SECURITIES IVoL. 102.are now "and interest" except where marked "f" and Income and defaulted bonds.
Bonds. I Bid. Ask. Bonds. I Bid. Ask. Bonds. Bid. Ask.
Pleasant Vail Coal 5s 1928_J&J 84 Consumers' Power (Minn)— I Minneapolis Gas Light-Pocahontas Consol'd Collieries- 1st & ref 5s 1929 op '14_M&N 102 104 1st gen 5s Feb '30 op '14 M&S 99% 100%
let gold 55 1957 opt J&J 893's 89% 6% notes May 1917___M&N 993-i 1003- Minn Gen El 1st 5s '34 op_ ..J& f) 102% 103Republic Ir & Steel 5s '40A&) 993/i 99 % Continental Gas & Electric— ! 6% notes June 1917_ _ _ ..J& D 101% 102Roch & Pitts C&I 5s 1946_M&N 96 1st lien coil tr 55 1927_ _M& N 913- 94 Mississippi Riv Pow 5s '51_J&T 80
1st at g 43s 1932 opt___F& A 93 Cumberland Co Pow & L—See S t& El R y, p. 40 Mississippi Valley Gas & Elec—Rocky Mtn Fuel 5s 1941_ _A&O 713' 73 Dallas Gas 1st g 58 1925 opM&N 92 95 Coll tr 58 May 1922 opt_M&N 81 85Rogers-Brown Iron 5s '17-40J&J 87 90 Dayton Ltg 1st 5s '37 op'12M&S 96 97 Missouri Edison El 55 '27_F&A 100loss Iron & Steel lst6s'20_F&A 101 103 Day El L 1st 5s'21op'06 M&S 993-i Mo El Lt 6s May 1921_ _Q-M 104% Consol 4 s 1918 A&O 97 Dayton(0)Gas 5s '30 op'15M&S 95 98 Mobile Elec 5s '46 op '10_M&N 90 92%
Steel Co of Can 6s 1940_ _ _ _J&J 91 Dayton Pow & L 1st 5s '41_J&D 893-i 9174 Monongahela L&P 55 '40. ..J&D 97% 99%Sun Cr Co col tr s f g 5s '44_J&J f 20 Defiance (0) G&E 53 1942M&S 90 94 Montana Power-Temple Coal s. f. 55 1924 _J&J 100% Tenn C I& RR gen 5s '51_ _J&J 103%
Deny Gas & El 1st g 5s '49 M& N 95& ref 5s 1951 M&N 89
98 -1st 92
1st & ref s f 5s 1943op'18_J&JMontreal Lt, Eft & Power Co—
9 6 % 97
Birm Div 1st cons Os '17_J&J 101% 102% Coll tr gu 6% notes 1917 A&O 101 lst&col tr g 4743'32 op'12 J&J 91 92Tenn Div 1st 6s Jan '17_A&O 101%Ala Steel&Shipbdg 6s'30_J&J 105
lio__ Detroit C Gas 5% g M '23 .J&JPrior lien 5s 1923 J&J
1011013j
10274103
Gold 5s 1933 op 1913_ A&OMuncie El L 1st 5s'32 op '12J&J
9497%
97%98
Cahaba C M Co 1st 63'22 J& D 10' 106 Gen g 5s 1916 to 1917 op_J&J Municipal Gas & Elec, Roch-Union Steel Co 1st 5s 52gu.J&D 105% 106% Dot Gas con 1st g 5s '18_ F&A 9874 1st Mg 4,%s 1942 op '12_A&O 91 94United States Steel Corp— Dot & Sub Gas 1st 5s '28J&D 95 0774 Municipal Service Co—Col tr s f 5s Apr '51 op '11.VarCol tr s f 5sApr'51 not op.Var
110110 Detroit Edison 1st g 5s '33_J&J Cony deb 6s 1924 P&A
10374 135 137
S f col tr g 5sMar'32op'15M&SMuskogee(Okla) Gas & Elec-
90 94%
Col s f 2d 55 Apr'63op'13M&N 104% 105 Cony deb 6s 1925__J&J '15 131 133 1st & ref 55 1926 op '09__J&D 92 97Utah Co 6% notes 1917___A&O 1014 101% 1st & ref 5s July 1 '40 M&S 1003-i 101 Nassau Lt & Pow 1st 5s '27 A&O 100%Vandal's Coal 1st 6s '30 op_J&J Victor-Amer Fuel 1st 6s '40F&A 70
97%90
Duluth Ed El 1st 5s '31 op M&SEast Pa Pow 5s '39 op'14_AtIc0
9794 Nassau Sufi Ltg 5s '45_ _ F&A National Light, Heat & Power—
05% 9774
Victor Fuel 1st s f g 5s 1953_J&J 75 Eastern P & L 55 1918 M&S 97 98 Coll trust 5s 1919 Ser B _J&J Va Ir Coal & Coke 58 1949_M&S 88 89 East Ohio Gas let 5s 1939 J&J 99 101 Coll trust 53 1920 Ser C_ _J&D WebsterC&C 1st g 5s'42op_M&S 93 96 East Pa G & El 1st 55 '42_,I&D 85 90 Cent Ind Ltg 5s 1927_ _ _ M&N 65 75West Kentucky Coal 5s '35_J&J East St Louis (Ills) Lt & Pow- CityG&E (Paris,I11)53' 35 A&O 85 95ELECTRIC LIGHT, GAS 1st 50 1940 J&D 98 99 Jerseyville Ill 5s, 1935_ F&A 75 85AND POWER BONDS. Economy Lt & Pow (Joliet, Ill).. Nevada-Cal Pow 6s 1927_A&0 100 101
Adirondack Elec Power Corp- 1st M s f g 5s 1956 J&D 97 100 Newark Gas 6s Apr 1 1944_Q-J 120 1231st M gold 5s 1962 opt__ _J&J 98 100 Edison Elec Co (Lancaster)— Newark Cons Gas con 5s '48J&D 104% 105%
Amer Gas cony Os 1917 M&N 1003 101% Refund 5s 1943 F&A 100 101 New London G&E 55 '27_ _ A&O 101 10-1Cony coil tr g 5e 1920_ __J&D Edison Elec Co of Los Angeles- 2d M 5s 1929 A&O 99 102Non-cony coil tr g 5s '20_J&D 98 1st & ref g 5s 1922 op'07 M&S 99 101 Congo' & refg 55 1933_ _J&J 98Deb Os 2016 J&J 100 101 Edison Elec Lf ctfs g 59'46_ A&O 105 106 New Milford Pow 1st 5s '32 F&A 99% 101
Am Gas & Elec coil 5s 2007.F&A 93% 94 Edison Lt & Pow (S F) 6s'21Q-F 107 N Y Gas Elec L II & P Co-Am Pow & Lt 6% notes'21.F& A 98 99% Electrical Securities Corp— 1st g 5s Dec 11048 J&D 105 105%Am Pub Util 6% notes '18M&S 99% 100% Coll tr got 5s 1935 opt_ _ F&A 98 99 Pur mon col tr 43 1949_ _P&A 86 86%Amer W W & El 5s 1934A&O 70 73 Empire Gas & Elec and Empire Ed El Ill, N Y, con g 59'95J&J 108Appalachian Pow 5s 1941_J&DArizona Pow 6s '33 op '13_M&N
7280
7585
Coke it lst&ref 5s'41 op M&SEnid(Ok)El&G lst6s'200p M&N
9574 05 98
Central Un Gas 55 g 1927J&JEquitable Gas 5s 1932_ __M&S
101102
8% notes 1919 J&J 98 100 Equit Gas(Memphis)—SeeMem Cons G&E New Amster Gas 5s 1048_J&J 100% 102Asheville (N C) Pow & Light- Equit G & E Utica 5s 1942 A&O 10174 NY,IcER Gas 1st g 5s '44_J&J 101
1st s f g Bs 1942 opt_ __ _A&O 93% Equit Ill Gas, Phi's, 5s g'28 J&J 106 10674 Con 5s 1945 J&J 99Atlanta Gas Lt 58 g 1947. _J&D 103 Erie Ltg 5s 1942 op '17_ __ _ A&O 92 94 NY&Westch Ltg 49 2004_J&J 81% 82%Atlantic City (N J) Gas- Evansv G&E L 5s'32op'12 J&D Deb g 55 1954 op guar_J&J 97 101
1st g 5s Jan 1 '60 opt' 20_J&J 74 76 Excelsior Springs Wat, Gas & El North Un Gas 5s 1927_M&N 100Bait Elec lst g 5s '47 gu___J&D 99%, 100% 1st M Os 1932 op J&D 97 100 Standard 0 L 5s 1930_ M&N 101Bangor (Me) Power- Ft Worth Pow & L 5s '31_F&A 97 09 N Y & Queens Elec Lt & Pow-
1st M 4-4%-5s 1931 opt M&S Bay Counties Pow 55 '30_ _M&S 102
Gas&EI of Bergen Co 5s'49 J&D Gen 5s Nov 1 1954 M&N
10074 08
1st cons g 5s Aug 1 1930_F&A NY&QueensGas 1st 5s '34 F&A
10094 57
Binghamton Gas 5s 1938_ _ A&O 98 101 General Elec 374s 1942 op_F'& A 80 82%!N Y & Rich Gas 55 1921.. M&N 92 96Blackstone Val G&E 5s '39_ J&J 100 102 Deb g 5s 1952 op . M&S 1043-i 104% N Y & Suburban Gas—See West chester Light'gBoston El L 1st con 5s '24_M&S 103 104% General G & El 1st 5s '32 J&J 7674 80 Niagara Falls Pow 5s 1932_J&J 102% 104%Bridgeport Gas Lt 4s 1952_J&J 94 96 Gr Rap Edison 5s g 1916_M&N 100 100% Refg & gen 6s Jan 1932_A&0 107% Bronx G&E 5s'60 op aft'20_J&J 98 100 Grand Rap G L 5s 1939_ F& A 993-i 100% Niagara L & P 1st 5s '22 M&N Bklyn Boro Gas 5s 1945 op_ J&D 93 Gt Falls Pow 1st 5s '40 op M&N 101 Cons & refg g 55 '25 opt_M&N BklynUnGaelet con5s g'45M&N 105% Great Northern Power- Niagara Lockport & Ont Pow-Buffalo City Gas g 5s 1947_A&OfBuff Gen Elec 1st 5s 1939_ F&A
23101
20 1st M g 5s 1935 op F&A Great West Pow 5s 1946 op_J&J
8585%
86748674
1st s f g 55 '54 tax-exempM&N North Carolina Elec Power-
93%
1st ref 58 April 1 1939_ _ _J&J 100 101 Cony deb 6s 1925 M&N 96 9774 1st s f g 5s Oct '40 op '16 A&O Buff & Niag Falls El L & Pow- Harrisburg (Pa) Light & Power- North Cal Pow 5s 1932 _..J&D 97
1st g 58 1942 F&A 96 1st & ref g 5s 1952 opt_ F&A 989i 99% R & cons s f 5s '48 op '15 J&D 73% Burl'ton (Vt) G L 5s 1955_ _J&J 92 94 Harwood El 55 '39 op'14___J&J 102 Nor Canada Pow Os 1928_ _J&J 96 97%Butte El&P lstsf 53'16-'51 J&D 993 101 1st & ref s f g 65 '42 op_M&S 103 10374 Northern Mississippi Riv Pow-California Electric Generating- HoughtonCo(Mich) El Light- 1st M 58, 1938, guar___J&D 97
1st s f g 5s '48 opt aft'12M&S 863 1st g 5s Jan 11027 opt_ __J&J 95 97 Northern States Power Co—California Gas & Elec Corp—Sink fund g 5s 1933 opt_M&S 102
Houston L & Pow 5s 1931 A&O Hudson Co Gas 55 g 1949_M&N
10074 10174Unif&ref g 5e '37 op s f_M&N 98 98% Hud Riv G&E1 1st 5s '29_M&N let s f g Os 1949 op '14_ _ _ F&A 51 55Cal Cent Gas & El 5s'31_F&A 103% Illinois Northern Utilities Co- North Ont L & P 6s Apr '31_ J&J 84 86
Canadian L & P 5s'49 op'14 J&J 60 1st & ref g 5s 1957 opt_ _A&O 87 88 Nor Westch Ltg 58 1955_ __J&D 85 92Canton (0) El 5s'37 op '12M&N 96 98% Indiana Ltg 4s 1958 op_ _ _ _ F&A 79 81 North IIudson Lt, H & P CoCent Ga Pow—See St & El, p 40 Ind & Mich. El 5s 1957 opt._ P&A 98 100 (Hoboken, N J) 58 1938_A&O 101CentralllisLightlst5s 1943_ A&O 93 96 Indiana Nat Gas & 0—See Peop les G L& Coke,North Shore Electric Co-CentMainePow 5s'390p'19M&N 94 97 Indianapolis Gas 5s 1952_ _A&O 90 1st g 55 1922 op 1912___A&O 08% 100Cent N Y G & E— 5s '41..-I&J 95% Indianan L & H 5s 1940_ _ A&O 96 96% 1st & ref g 5s '40 op '20_ A&O 98% 100Tracy Devel. tis 1944__ _ A &O 98 102 jnterstate Elec Corp Os 1933 M&S 95 97% North Shore Gas Co of IllInois-
Cent States El 5%gnotes'22J&D 93 94 Jackson(Mich)Gas 5s g '37 A&O 97 100 1st g 5s 1937 opt F&A 92 95Cicero Gas—See Northwest Gas Light & Coke facksonv(Fla)Gas s f 5s '42 J&D 95 Northwest Gas L&Coke (Chic)Cin Edison Elec-5s 1917J &D 993-i 100 Kankakee(Ill)G&E 5s '30_ M&S 93 Cons g 5s Dec 1 1928___Q-M 99% 100%Cincinnati Gas Transportation- Kans City(Mo)Gas 5s '22_A&0 89 90 5% gold notes 1917 opt_M&S 100% 101
Citizens' Gas (Indianapolls)- Purch money 6s g 1997_A&O 11674 12074 let Mg 5s '29 op aft '14_A&O 061st & ref g 5s 1942 J&J 95% Cony deb 63 1022 M&S 118 OklahomaNat Gas Ser 6s M&S 100
Citizens L,II&P(Johnstown,Pa) Cony deb Os 1925 M&S 126 129 Old Colony Gas 1st 55 1931 J&D 08 100lst g 5s 1934 opt 1914_ _M&N 98 Edison El Ill Bklyn 4s'39 J&J 88 88% Omaha EL&P 5s '33 op '08_J&J
City Elec San Fran 5s 1937_J&J 88 Kings Co Gas&Ill 1st 5s '40A&O 95 Omaha Gas 1st con g 58 '17 F&A 93 96Cloy El Ill let 5s '39 op'24_A&O 101 102% Knoxv Gas 1st 5s'33 op'13 A&O 90 93 Ontario Pow 5s '43 op to '13F&A 95 95%CoastCos L&P 1st 5s'460p F&A 93 Laclede Gas g 5s May 1919_Q-F 101% 102 Deb g Os 1921 opt 1910J&J 95 99ColoradoPower-lst 5s 1953M&N 91% 93 Ref & ext g 5s 1934 A&O
1090
174 Ontario Transmission Co, Ltd-Colorado Spgs Lt, Ht & Pow— Lacomb El Co 1st M 5s'2I M&N 96 9874 1st gu g 5s '45 op bef'16_M&N 85 90
Ist & ref g 5s 1920 op 'i7 F&A 94 97 Lansing Fuel & Gas 5s '21_ A&O 05 97 Oro Elec Corp 1st Os '51 op A&O Colo Spgs El 5s 1920_A&020Colo Spgs L & P 58 1919_ A&O
9697
Lincoln G & E L 1st 5s 1941 J&DLittle Rock G & F 6s '37__M&N
Columbia G tic E 1st 58 '27_J&J 79 Los Angeles Gas & El Corp- 1st M g 55 1940 op 1915_M&S 97% 100Deb. 5s 1927 J&J 5834 61 1st & ref g 5s 1039 opt__M&S 0474 98 Pacific Gas & El ref 55 '42_J&J 93% 94
Columbus (0) Elec Os '22_M&N 109 110 Los Ang G & E 53 '34_ _ _ _J&J 101 Pacific Gas Imp 4s Sept '30 Q-M 88% 90%Columbus(0)Gas let .5s g'32J&J 96 100 Los Ang Ltg 55 Apr11'24 A&O 100 Pacific Light & Power Corp-Columb(0)LH&P as '24 guF&A 100 101 Louisville Gas & Electric- 1st & ref s f g 5s 1951 op_M&S 88 90Columbus (Ga) Pow 513'36_A&O 90 05 1st & ref g 69 '18 op '14___J&J 101 101% Pac L & P Co 1st 55 '42_ _J&J 93Commonwealth-Edison Co- 6% notes Apr 1918W. ..A&0 10074 101 Guaranteed 94
1st g 58 June 1 1943_ _ _ _M&S 1023% 102% Louisville Ltg 5s '53 stpd_A&O 97 99 Pacific Pow & L 1st 5s '30_ F&A 92 95Com'wealth El 55 J'ne '43_M&S 102% 102% Unstamped 97 99 Parr Shoals Pow 55 1952_ _ A&O 86 00Commonwealth Power (Mich)- Luzerne Co (Pa) Gas & Elec- Paterson & Passaic Gas & Elec
1st g 58 Dec 1 1924 J&D 99 101 1st ref&imp g 5s'48op'13 A&O 9674 Consol g 58 1949 M&S 101 102Connecticut Power 58 '63_A&O 96 98 Lykens Val L & P 6s 1945_ M&S 95 98 Pawtucket Gas 4s 1932 M&N 87% 90
1st 5s 1956 J&J 97 Madison(Wis)G&E g 6s'26 A&O 104 106 Penn Public Serv 59 1962_ P&A 93% 96%Conn Riv Pow 1st 53 1937_J&D 93% 97 MadRivPow lst53'35gu op_ F&A 100 101 Penn Wat & Pow s f 5s '40_J&J 91% 92%Consol Gas of Bait 5e 1939_J&J 107 107% Mfrs Light & Heat (Pittsb)— Pennsylvania Ltg 55 1040.. J&J 94 97Gen g 4%s Apr 1954_ _ _ A&O 94% Mort & coll tr g 6s '16-'20A&O 102 People's G L & Coke, Chicago-
Consol lass Elec L & P (Balt)— Mass Cos coil tr 55 1937_ _ _J&D 92 96 1st con g Os 1943 A&O 114% Gen g 4%s Feb 14 1935_ _J&J
Consol Gas N J 58 g 1936_ _ _J&I1st ref 55 1965 A&O
10295%
9010397
Massachusetts Gas 4 %3'29...J&JDeb g 474s Dec 1931__J&J
Merch lit & Lt (Indianapolis)—
98749574
98%96
Refunding gold 55 1947_M&SChic G L & C 1st 5s '37_ _J&JConsum Gas 1st g 53'36 J& D
100102% 101%
101%
Consolidated Gas (N Y)—Cony deb Os 1920 Q-F 1203 122
Ref g 5s Oct 1 1922 optA&OMexican El L 1st M g 5s '35 J&J
967435
9945
Ind Nat G&O g 5s '36gu M&NMutual Fuel Gas g 5s '47 M&N
86100%
87
Underlying cos—See NYGE1H & P. Mex Lt & Pow 1st 5s'33 sr P&A 40 50 Peoria Light—Coll tr g 53'36 J&J Consol Gas (Pitts) 5s 1948_ F&A 35 40 Mich City G&E 53 '37 op'10J&J 94 97 Peoria G&E 55 '23 op '08_J&J 100 101Consol Ltg Co(Vt) 1st 5s'26 J&J 95Consum L H & P Co (Eliz, N J)Ss 1938 J&D 100
Consumers' Power Co (Mich)-1st & ref g 5s 1936 op '18_ .I.ta 98%
97
100
Michigan Nor Pow 1st 5s'41J&JMiddle West U 6% notes'16J&D
Coll Os Jan 1 1925 A&OMilwaukee G L 1st 4s '27_ M&N
8974 10074 969274
96%93%,
Phila Co—See under St & ElecRPhila Elec Tr ctfs -Is Oct '49 J&J
5e g tr ctfs April 1 1048_A&OPhiladelphia Suburban Gas & El
let M & ref g 58'60 op'15.F&A
y Secur83%101
98
Wes841004
99b Basis. This price includes accrued lutenist. k Last sale.
exchanges.N'oininal. s Sale price. Min.—Minimum price on Montreal or Toronto
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
MAR,, 1916.]NOTICE.-All bond-
prices
Bid.
MISCELLANEOUSare now
Ask.
SECURITIES. 45"and interest" except where marked "f" and income and defaulted bonds.
Bonds. Bonds. Bid. I Ask. Bonds. Bid. Ask.
Portland (Me) El 55 '26 optF&APortland (Ore) Gas & Coke-
1st & ref g 53 '40 opt '20_J&JPortland Gas 1st 53 1951 F&A
Portl(Ore)GenElec-See St & ElPotomac El Pow 5s '29 op_J&DCons M g 55 1936 guar .J&J
Prescott G & El 1st 63 '40_ _J&JPublic Service Co of Nor In-
let & ref g 5s 1956 op'21.A&O6% notes 1916 J&J
Queens Borough (NY) Gas & ElGen M gold 58 1952 J&J
Quincy (111) Gas Elec & Heat-1st cons g 5s 1935 op '10_M&SQuincy G & E 5s 1920. .M&S
Roch G&E 2d 4%s'20op'10M&SRockford (Ill) Electric Co-
1st & ref s f 5s '39 op' '14Rumford Falls Pow 4s Octl 1945 Saginaw City Gas 5s 1916_M&NSt Clair County (Ill) Gas & El-
1st cons guar 58 1959_ __M&SSt Joseph Gas-lst 55 1937_J&JSt P Gas L con ex 13s 1918__J&JGen gold 5s 1944 M&S
St Petersb (Fla) Ltg 6s '45_J&DSalmonRivPow gu 58'52 opF&ASan Diego Consol Gas & Elec-
let g 5s 1039 opt 1914 M&SDeb 6s 1922 J&D
San Fran G&E 4%s 1933_M&NNot callable
San Joaquin Lt & Pow Corp-Istdcref g (is '50 Ser A op..F&ASan Joaquin Light & Power-
let As 1945 op aft '10__J&DSayre (N Y) Elec 5s 1947. A&OScranton Elec 5s '37 opt '12.J&JSeattle Ltg 1st 5s'44 op 10_M&S Ref g 5s 1949 opt 1914__A&O
Sierra & San Francisco Power-1st g 55 1949 opt F&A
Somerset Un & Middlesex Ltg-Mtge g 4s Dec 1 1043. J&D
So Bend & Mishawaka Gas-Cons g 55 1926 opt 1908__J&J
Southern California Edison-Gen g 55 Nov 1939 opt_ _JdaCony deb 6sMar15,'20 MScS15
SouthernCounties Gas of Cal-let s 1 Os 1941 op 1916 _A&O
1st s f g gu Os Sep'36op'18 J&JSouthern Utilities 5s 1933_A&OSouthern Wisconsin Power-
lat s f g 5s 1938 opt A&O Southwestern Gas & Electric -
lst & ref s f 5s 1932 opt_ _F&A Springfield (0) Lt Ht & Power-
1st s f g 5s 1929 op 1914_ F&AGen & ref 53 1933 A&O
Standard Gas & Elec of Delaw-Cony a f g 65 1926 opt__ _JAD6% gold notes 1935_ _ _ _A&O
Suburban Gas Co of Phi's-lot s f g 5sApr 1'52op'07_A&O
Superior Water Light & Pow-1st 4s May 1931 M&N
Syracuse Gas g 5s 1946_ ___J&JSyrac L de P colt tr 55 '54__J&JSyracuse Light g 5s g 1951.J&DTacoma Gas ref g 55 1926_J&DTampa Gas 5s 1937 opt M&NTenn Pow gu 6s 1962 opt_M&NTexarkana G & E 5s '30 .J&JTow Pow & Lt 1st 5s '37_J&DTol G E & H con 1st g5s'35 A&OTopeka Edison 5s Sept '30_J&JTrenton G & El g 5s 1049. M&STroy Gas 2d 6s 1923 F&AConsol 5s 1939 M&N
Tulsa (Okla) Corp 5s 1932_ M&NUnion El Lt & Pow Co of St L-
lst g 5s Sept 11032..Refdreat 5s'33 op aft'18_M&N
Union Light Heat & Pow(Cin)-1st 45 May 1 '18 opt'06_M&N
United Elec Lt & Power, Bait-1st cons g 4%s 1929 M&N
Unit Elec Co of N J 4s '49_J&DUnited Electric Securities Co-
Coll tr g 513 1933 to 1941_F&AUnited Gas & Elec Corp-
C411 tr s f g 68 1945 _ _ _ _ A&OUnitedG&Eof NJ lst6s'22_J&JUnited Gas & El(SF) 5s'32_J&JUnited G & 6s '18 op '14_M&N United Ilium Co New Haven-
1st 45 Feb 1 1940 F&AU S Public Serv 6s 1918.... A&OUnited Util 1st 6s '43 op '18 J&JUtah Gas&Cokelst5s'36 opt.l&JUtah Lt & P cons g 4s '30..J&JUtah P & L 1st 5s 1944 F&AUtah Securities Corp-6% notes Sept 15 1922_ M&S
Utica El L & P 1st 5s 1950_ J&JUtica GasticEl ref&ext 55 '57 J&JValley CountiesPow 58'30_M&NVentura CoPow 1st M&NVermont Pow & Ltg 5s '27_M&SVirginia Power 1st 5s 1942_J&DWaslen (DC) Gas 55 1960.M&NWestchester Lt let g 5s '60_JecDN Y Sub Gas-let g5s'49M&S
Westerly L & 5s 1937... _J&DWestern Light & Power-
1st s f 5s 1925 M&NWestern Pow 6% notes'17 M&SWestern States Gas dc Electric-
Kan C Home Telep 50 1923 J&JK C Long Dia Tel 55 1925 _JdaKey. Tel 1st g 5s '35 op'08_J&JKinloch Lg Dist Tel 53 '20.J&JKinloch Telephone 6s 1928.F& A
Louisv Home Telep 5s '22_ _J&JMet Telep & Teleg 5s 1918.M&NMich State Telep-5s 1924.F&ANew Eng Tel&Te1-5s '16_ A&ODeb bs 1919 AM)
4s Jan 1930 J&J55 gold Oct 1 1932 A&O
NY & N J Telep 58 g 1920.M&NN Y & Pa Telep & Teleg Co-
lot gold 5s Feb 1 1926 F&A Gen S Fd g 4s Nov '29 _M&N
NY Tel lot 43s'39 tax ex.M&NPacific Teleph & Telegraph-
lst&col tr s f g 513'37 op'22.J&JRochester Telep 1st g 5s '20.J&JGen 55 1933 A&O
Southern Bell Telep & Teleg-1st s f g 5s 1941 op '16___J&J
South N E Telep lot 5s '48.J&DToledo Home Telep 5s 1922.J&JTwin City Telep 5s '17&'26.J&JU S Teleph 5s 1919 J&JWestern T&T Col tr g 513'32.J&JWest Un Teleg Coll tr 5s '38_ J&Jnig & R E M 431s g '50.M&N
MutUntls ext at 5%to'41M&N Northw'n gu g 4315 1934_J&J
WATER BONDS.Blue Lakes Water lot 6s'38.M&S
Con Wat of Utica-lot 55 '30.J&JDeb 5s Jan 1 '30 op 1911_J&J
Denver Union Water 55 '14.J&JSoPlatteCanal& Res5s'23.J&J
Hackensack Wat 4s'52op'12J&JIndianap Wat-5s '26 op'11.J&J
1st & ref g 43s 1940 op. _J&JLouisville Wat Co 4s 1946. J&J4s 1950 , F&A
Man'frs Wat (Pa) 5s 1939A &DNashville Water 4s 1928_ __H&J
New Haven Wat 431s 1962...J&JPortland (Me) Water 4s '27F&A Racine (Wis) 'Water 50 '31.M&NSan Antonio Water Supply-
1st & ref s f 5s '33 op'13 .F&ASou Yuba %Vat-Con 60 '23.J&JSpringliekWater-53 g'26.A&OSpring Val Wat ref g 4s '23_J&DTacoma Wat Sup let So '25..I&JMISCELLANEOUS BONDS.Acme White Lead & Color Wks-
1st 68 July 1916 to '28 op_J&JAdams Exp col tr g 4s '48_M&SCol tr g 45 1947 J&D
Advance-Rumely deb Os '23 iv 1Aetna EXPIOSI ves Os Jan '45_04AlaskaGoldMinesdeb6s'23M&S
Series B part paid American Agricultural Chem-
1st g 50 1928 s f cony__ _A&OCony g deb 5s 1924 F&A
American Can-S f deb g 55 1928 opt._ _ F&A
Amer Cot 0111 g 55 1931 optAl&N Amer Graphophone 6s '30_J&D AmHide&LeathIst g 6s'19.M&S
Am Ice Sec-Deb g 6s '25.A&0American Ice Co-R E lot &gen s f 6s '42 opt '13__F&A
Amer-La France Fire Engine-lot M e f 6s 1024 A&O
Amer Locom 5% notes 1916J&J5% notes 1917 JS,j
Am Malt 6s '14 ext to '17_ _J&DAmer Pipe & Constr Securities-
Coll tr g Os 1922 opt F&AAm Pipe & Fdy 6s 1928_ __J&JAm Sew Pipe-lots t(18 '20M&SAmer Smelters Securities-Cony s f deb g Os
1926_- _F&A
Amer Spirits Mfg g Os 1920 M&SAmer S S of W Va 54 1920 M&NAmer Steel Found's Os 35.A&O
Deb 4s 1923 F&A AmerThread col tr 4s g 1019.J&J
Amer Tobacco Os g 1014._ _A&O4s g Aug 1 1951 F&A
American Type Founders-Deb gold Os 1939 M&N
American Writing Paper-lot g 5s '19 op aftJuly'09.J&J
Anaconda Cop 5 %notes)17.M&SArmour & Co.-Real cot 1st g
431s 1939 op J&DAssociated Oil Co-5s 1922F&AAstoria (NY)Veneer Mills&D-
let $ f g 6s 1941 opt J&J
94102100
9731
95
01%100106100%100%98
102%103%9610234
1009999%97%
928791% 9198%95% 105% 94100100%10010089102%10131
82% 98%
100%97
100%11294
b 6% 06%99%101%95%
93
1041000089%87%8498%87102102101Basis104%
80
8810410195%85
9583
f 838891%
102%
102%07%
100%97%08%10486
101%
901003%100%100
10010092
110%98%10110087%98%118
96
68%101%
94%102
95
9631103104
9831
OS
9210131106311003110031
10331104319731102317710131100100
9390
91319831
10131
10231
99
10031100
10111695
971001013%961013196
1061049591893185993190
102431%
85
92105104963191
100843185909410931110
1023198
100%973%99
88
10131
1013110131101
101
94
1119931
10289319831
941.&A
100
69101.31
9431
100
All Gulf & W Indies SS Lines-Col tr g 5s Jan 1 1959_ ___J&J
Atlas Port Cement lot 62'25M&SBaldwin Locomotive Works-
1st of 50 1940 op aft '15 M&N Barney & Smith Car 5s 1936J&JBerg & Engle Brew 6t3 1921...J&J Booth Fisheries of 6s 1926.. A&OBoston Term Co-331s '47 F&ABraden Copper Mines Co-S f g 6s 1931 • F&A
Brooklyn Ferry Co-Con 5s '48 ctfs dep stpd_F&A
Burns(P)&Co 6s'24op af'14A&O1st & ref s f 6s 1931 J&J
Bush Term lot cony g 4s'52A&OCons g 50 Jan 1 1955 J&J
Bush Terminal Buildings Co-1st s f gold guar 55 1960. A&O
California Wine Association-Cony g5sSep10'25 op s f M&S
Canada Cem't 1st 63'29 op Adc0Canadian Car & Fdy Co, Ltd-
1st s f g 6s 1939 J&D Canadian Cottons 5s 1940 J&J2Canadian Cons Rubber, Ltd-Gold Os 1946 opt 1911__A&O
Case (J I) Threshing Machine-1st M Os 1916-1926 op__J&D
Cent Hud St'boat-5s '19 M&N5s April 1933 A&O
Central Leather 5s 1925._ Adc0Obampion Lumber Os '16-28A&O Ches&Del Can let 5s(4s)'16 J&J
Chic Bd of Trade 4s, 1927_J&D Chic Jet coil tr ref g 4s1940 A&O
Coll tr ref 5s 1940 A&O lot r e imp 5s 1928 M&S Chic Pneu Tool 5s Dec 31'21J&J Chili Copper cony 7s 1923_ M& N
Cleve & Sandusky Brewing-1st s f g Os J'ne 1 '48 op. _J&J
Clyde SS hat 5s 1931 opt__ F&A Computing-Tabulating-Rec Co-
Sink fund gold (is 1941___J&JCongress Hotel Co (Chicago)-
let M 5s 1917-1941 J&JCons Tobac coll tr 4s '51__FdcA Corn Prod Ref s f 5s '31_ M& N
lat g 53 1934 s f M&NCramp(Wm)SonsShip&En Bldg
1st M g 5s 1929 opt_ __ _ M&SCuban-Am Bug coil 68'18opA&ODavies (Wm) Co lot Os '26_J&JDistillers' Securities Corp-Col tr cv g 5s '27 op '08_A&O
Dunlop Tire & Rub Goods, Ltd-let at g 6s 1927 opt M&S
du Pont (E I) de Nem Powd-Gold 431s June 1 1936__J&D
Eagle&Phenix Mfg 5s 1926_J&JEastern SS 1st 5s 1927 op_ M&NFederal Sugar Refining-5% notes May 1917 op_ M&N
Fort St UnDepDet 431s '41 J&JGeneral Baking 1st 6$ 1936 J&D Gen Petroleum of 6s 1931 M&NGeneral Rubber 5s 1918___J&DGirard Pt Storage 331s '40_ A&O GordonIronsides&Fares Co,Ltd,
1st s f g Os 1927 opt J&J Gottlieb-Bauerschmidt-Straus
firew Co-lst 4s 1951__M&S2d Income 5s Sep 1951_ M&N
Granby Con Min Smelt & Pow- 1st cony (is 1928 ser A-M&N
Stamped Gt North'n Paper g 5s 1927_J&J Hall Signal 6s '16-'20 A&OHavana Tobacco-5s 1922 J&DHawaiian Com&Stig 5s '19 A&O Hecker-Jones-Jewell Os '22 M&SHoboken Land & Impt Co-
1st M g 5s Nov 1930._ _ M&NHoster-Columbus Co 6s 1940...._Hudson Nay g 6s 1938 op_ F&AHuebner-Toledo Brew 6s '30J&JHuntington Land & Impt-
Coll tr g gu 6s 1916-1927 J& DIndependent Brewing Gs'55 J&J Ingersoll-Rand-lot g .5s Dec 31
1935 opt Dec 31 1910____J&JInspiration Cons Copper-
lot cony 6s 1922 opt___ _M&SCony deb 13s 1919 J&J
Internat Agricul Corp-lst&coll tr s f g 59.32op M&N
International Harvester-5% notes Feb 15 1918 __F&A
International Mere Marine-Coll tr deb 4313'22 op '07A&ON Y Tr Co ctfs of dep
Int Naviga'n 58 '29 op '09_ F&Alutenist.' Paper-6s 1918_ F&A
Con cony g s f 5s '35op'09 J&JInternal Salt g 58 '51 op.. __A&OInternat Silver 1st Os '48J&DDeb Os 1933
International Steam Pump-1st lien s f g 5s '29 op___M&SGuar Tr Co ctfs of dep____
Kan City Brew Os 1930M&NKnIckerb Ice let 5s '41 opt_J&JLake Superior Corp Inc W24 Oct
let & coil tr gold 5s 1944_J&D Lake of the Woods Mill Co, Ltd
lot M Os June 1923 J&DLasAnimasSugarlstes'32opA&Laurentide Paper lot 613'20 J&J2
Liggett & Myers g 7s 1944_A&Oold bonds 5s 1951
Urns Locomotive Corp-1st f g Os 1932 _ M&N
Lorillard (P) Co g 78 1944_A&OGold bonds 5s 1951F&A
Mallory SS 1st s f 5s 1032. J&JMerch Dispatch Transp Co-Eq trust 431s _J&J
Mexican Petroleum of I )el Ltd-let I cony at 613'21 Ser A A&O
Series C
77%100%
70
8291%
99%
f31
87%91
88
073494
78
00%
1019895%101%
60
85% 100%10398131
5591
83
Basis
99%98%
100102%99%
71%
10587% 91
9978
35100%
99
201
106%106%
96f 50
101
1005076Si
101
103%
175
79%
101%
9596%9410283%7510799
7676328030
n 58
102103101126%102
95120%101%88
107%10731
vs3i10231
10675
8393
100%
1%1011008892
89
98%94%
10080
91
102%100973.4102
65
101
13134
94
8331
534%98%100A983%
102%101
f2
100
106
-- 858550101%
100
22131
107107
9954
102%
528053
10255%
104%
186195
80
102%
9896%95102%8477110101
7740833560
105
12631102%
97%126%102%92
110108
b Basis. f This price Includes accrued Interest. k Last sale. n Nominal. s Sale price.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
46 MISCELLANEOUS SECURITIES. [VOL. 102.NOT ICE.-AII bond prices are now "and interest" except where marked "f" and income and defaulted bonds
Bonds Ask. Stocks
Morris & Co 1st 5 f 434s '39_J&JMtge Bond 48 Ser 2 '66 op_A&O
91% 93 TEXTILE MFG. STOCKSNorthern Mills, Par
58 Set 3 1932 op '22___ _J&J 94 9534 Acushnet Mill Corp (N B)__100Mt Vernon-Woodberry Mills- Amer Linen Co (Fall River)_1006% notes 1918 F&A 983' 99 American Manufacturing _100
Nat Enam & Stpg 5s '29.J&D 97% 98 Preferred National Fire Proofing- Amer Textile, Pawtucket..__100
lat&coll tr g 55 '16-'32op M&S 96 10034 Amoskeag Mfg (voluntary assn)Nat Starch deb 5s 1930 gu__ &J 85 90 Preferred Nat Tube-See Coal, Iron& Stee 1 bonds Androscoggin Mills (Me).___100Natomas Co of Cal- Appleton Co (Mass) 100Gen & ref Os 1935 J&J 623% Arkwright Mills (F R) 100
N E Cot Yarn Co g 5s 1929 F&A 80 Arlington Mills (Mass) 100New Eng Nay-See N Y N 11 &H RR Barnard Mfg (Fall River) 100N J Zinc 1st 49 1926 A&O 965 Bates Mfg Co (Me) 100NYAIrBrakelst 6s'28conv M&N 103% 10534 Beacon Mfg Co (N B) 100N Y Dock Co-lst g 48 '51 F&A 75 Preferred __ _100NY&ER F'y-5s '22_ __M&N N Y & Hob F'y 58 May '46 J&D 100
St Clair Furnace bs '16-'39 F&A b 4.85 4.65% Franklin Co (Me) 100St Jos Stock Yds 4355 1930_J&J Gosnold Mills (N B) pref_ _100St Lawrence Pulp & Lumber- Granite Mills (Fall River).. 100
1st M as 1916- 1933 F&A 85 95 Great Falls Mfg Co (N H)_ 100St Louis Brew Assn Os 1939_J&J 813j Grinnell Mfg Corp (N B).. 100St Louis Car Co 6s '21-'23 M&N 90 95 Hamilton Mfg Co (Mass)._ ...100St L Nat Stock Yds 48 '30_ _J&J 79 8134 Hamilton Woolen Co (Mass) 100St P Union Depot-68 '30_M&N Hargraves Mills (Fall River) 100
Consol 5s 1944 M&N 100 Harmony Mills prof 100Consol 45 1944 M&N Hill Mfg Co (Me) 100
St Paul Un Stk Yds-58'16 A&O 100 Holmes Mfg (N B) 100Schwarzschild & Sulzb 6s-See S ulsb. S ons-&-do Preferred 100Securities Co N Y 4% cons M&S 57 59 Kilburn Mill (N B) 100Sibley Mfg Co 1st bs 1922_ _J&J 80 90 King Philip Mills (F R) 100Simpson Realty s f Os '32 op J&J Lancaster Mills (Mass)..... 100Simpson Sec Co S f 68'29 Ha 15 Laurel Lake Mills (F R) . 100Sioux City Stk Yds 1st 58'30 J&J 90 94 Lawrence Mfg Co (Mass)...100Somerset Hotel Tr 4s 1921_J&D 940 970 Lincoln Mfg (Fall RIver)_ - - 100Standard Mill-lst g 5s30M&N 973 98 Lockwood Co (Me) '100Sulzberger Sons & Co- Lowell Bleachery (Mass)..... 100Deb 68 June 1916 opt__MdcS 1003j 10034 Lyman Mills (Mass) 100Schwarzschild & Sulzb Co- Manomet Mills (N B).. 100Deb 68 1916 s f opt_ __J&D 100% 10034 Massachusetts Cotton Mills..100
Swift & Co 1st s f g 55 '44_ _J&J 99% 100 Mechanics' Mills (F R)...._ _100T H Symington cony 6s'20 J&J 99 104 Merchants' Mfg Co (F R)_ _100Tenn Cop Co cony 6s '25 sub rct 11934 120 Merrimack Mfg Co (Mass)_100Texas Co deb (38 '31 op '15-1&J 10534 10534 Preferred 100Torrington Co 1st g 58 '18_M&S 102 10334 Middlesex Co (Mass) 100Onion B & P 1st g 58 '30 op J&J 8034 89 Monadnock Mills (N H)- 100Stamped 803 Morse Twist Drill (N B) 50
Union k'erry Co-55 1920_M&N n 98 100 Mt V-Wood M (Bait) v t riooUnion Oil Co of California- Preferred v t r 100
First lien s f 55 1931 opt_J&J2 89 90 Nashawena Mills (N B)......100Cu Transpor 1st bs 1923_ F&A 9434 9534 Nashua Mfg Co (N. H) 500Union Typewriter-See Remin gton '1' YPewr Naumkeag(Mass)StmCotCo 100outt Fruit-Deb 434s 1923_J&J 983 9834 Newmarket Mfg Co (N 1l)..100Deb g 4345 1925 s f J&J 973j 9734 Nonquitt Spinning Co (N B) 1006% gold notes 1917 opt_ NUN 10134 10134 Osborn Mills (Fall River).....1005% gold notes 1918 opt M&N 10134 10134 Pacific Mills (Mass) 100
United Lead deb 5s 1043. .J&J 7434 7534 Page Mfg N B) 100(1 8 Env 1st 58 '16-'34op'19J&D 9934 10134 Pah-point Corp (N B) 10011 S Finishing-lst 5s 1919_J&J 96 Parker Mills (Fall River)._ _100Con gold 58 1929 J&J 74 80 Pepperell Mfg Co (Me)_...-100
U S Gypsum 1st 58 '22 opt _M&S 100 Pierce Mfg Co (N 13) 100U S Realty & Imp 58 g'24 op J&J 723/ 73 Pocasset Mfg Co (Fall River)100S Red & Ref Co 6s 1931_ _J&J 20 Ponetnah Mills (Pray) 100
Vancouver Lumber Os '16 '25J&J 95 100 Sagamore Mfg Co (F R)___ _100Virginia-Carolina Chemical- Salmon Falls 11,1fg Co (N H)..100
1st M g 5s 1923 opt s f_ _J& D 98% 9934 Seaconnet Mills (F R) 100eons, deb 68 1924 ____A&015
Welsbach Co col tr 55 '30_ _J&Dwest Canada Fl Mills Co, Ltd-
10235 9712
103 Sharp Mills (N B) pref 100Skenandoah Cot Co (Utica)_100Soule Mill (N B) 100
1st s f 65 Mch 1928 M&S 101 Stafford Mills (Fall River)_ _1001st & ref at 68 1931 M&S 100 Stevens Mfg Co (Fall River) 100
Western Electric Co- Taber Mill N B) 1001st bs Dec 31 '22 op aft'll J&J 103 10334 Tecumseh Mills (Fall River) 100
Westinghouse Machine- Thorndike (Mass) 10001st & ref g 68 Nov 1940_ _O-F 9934 10034 Tremont & Suffolk M(Mass) 100
Whitmer(Wm)&Sons68'20_M&S 96 99 Union Cotton Mfg (Fall Riv)100Utica Knitting Co pref 100
EXCHANGE SEATS. Utica Steam & Mohawk ValleyNo. Last Sale. $ $ Cotton Mills 100
N Y Stock Exch_1,100 $65,000 Wampanoag Mills (F R).. _100N Y Con Stk Ex_ 500 750 700 750 Wamsutta Mills (N B) 100N Y Produce Ex..1,800 1,100 1.025 1,100 Weetamoe Mills (F R) 100N Y Cotton Ex__ 450 13.300 12,000 13,400 Whitman Mills (N B) 100N Y Coffee Each_ 323 3,200Baltimore Stk Ex 87
3,150 3,200 York Manufacturing (Me)...100southern Mills.
Boston Stock Ex.. 150 17,750 15,000 18,000 Abbeville Cotton Mills (S C) 100Chic Bd of Trade_1,622 4,200 Am Spinning Co Chicago Stk Exch 259 1,000 900 1,200 Anderson Cotton Mills (S C) 100Cincinnati Stk Ex 35 2,250 Arkwright Mills (S C) 100Cleveland Stk Ex 35 1,600 Atlantic & Gulf Cotton (Ga) 100Louisville Stk Ex_ 29 2.250 Augusta Factory (Ga) 100MinneapCh ofCom 550 3,650 Belton Mills (S C) 100Montreal Stk Ex_ 66 25,000 Bibb Mfg Co (Ga) 100New On Cot Ex_ 500 2,650 2,500 2,800 Cabarrus Cotton Mills (N C)100Phila Stock Exch.. 221 3.900 4,500 Clifton Mfg (S C) 100Pittsb Stock Ex__ 120 2,200 2,200 Clinton Cotton Mills (8 C)_100St Louis Stk Ex__ 50 2,000 Courtenay Mfg (S 0) 100(SanF)StkdrBdEx 42 8.000 !Dallas Mfg (Ala) 100Wash'ton Stk Ex_ 40 2,500 2,500 3,500 :Darlington Mfg (S C)____ .100
Bid. Ask. Stocks Bid. Ask.
Par Per share.Per share. Eagle & Phenix Mills (Ga)__100 55 65
16734 Enterprise Mfg (Ga) 100 40 77 Exposition Cotton M (Ga).. 100 124 128 Gaffney Mfg (S C) 100 6098 100 ,Graniteville Mfg (S C) 100 25 Greenwood Cot Mills (S C)_100 50
100 90 100100 101 Henrietta Mills (N C) 100 69 70% Grendel Mills (S C)
60 65 Preferred
1 160 !King, J P, Mfg (Ga) 110000 70 a 203 Lancaster Cotton Mills (S C)
0 900 100
99 102 Laurens Cot Mills (S 0)._ _11000 10
50 Lockhart Mills (S C) 100 35 260 Preferred 100102 Louise Mills (N C) 100114 Marlboro Cot Mills (S C).. _100
Mayo Mills (N C) 100202 208 Mills Mfg Co (S C) 1111086 87 Monarch Cotton M (SC) _10000
6
111 112 Newberry Cot Mills (S C).100 110 k 80 Orangeburg Mfg, preferred_100 115 Orr Cotton Mills (S C) 100
/1280 Parker Cotton Mills 100 100 95 k 85 Pacolet Mfg (S C)
10734 Guaranteed stock 100 95 Preferred rr 100 is
Pelzer Mfg Co (S C) 88
110 112% Phillips Buttorff Mfg 110000 14000 150
34 106 Piedmont Mfg (S C)
Poe, F W, Mfg (S 0) 117 Roanoke Mills (N C)
100 110 10105 k 0334
185 Sibley Mfg (Ga)
1100 8000
k 7534 Spartan Mills (S C) 110000 10205 12155
116 11734 Warren Mfg (S C)
2
60
150 165 Trion Mfg(Ga) 10
95 101 Preferred
191 195 TucapauMills (S C) 100 25099 102 Union Buffalo M (S C) 1st pf.
_ _0_ 520
35
s 272% Washington Mills (Va) pf_ _110000 40 100 80 8 9650
s110134 Webb Mfg (Nashville)10
75 60 Whitney Mfg (S C) 100 50 0 100 s 9 7 Woodside Cotton Mills 25
8 143 Preferred 8560
1 120 Preferred guaranteed
119 Canadian Mills k 20134 Canadian Convert, Ltd _100 3494 Canadian Cottons, Ltd 40
s 192 Dominion Textile, Ltd
100 3890 Preferred 77
1 80 Preferred 188.1V,100 1..7.L i s 10528NS 7,(1 77
130 Preferred a 7434 Montreal Cottons
5234 Penmans, Ltd 100 60 1 0234 Preferred 100 k 85 COAL, IRON & STEEL STOC KS180100 17 19119 Alabama Co corn
5110250 dx 24061st pref. 155 Amer Coal of New Jersey__ 28125 Amer Steel Foundries a 8534 Bethlehem Steel Corp
100 51 5234100 451 454
95 Preferred 100 125 135 s 18234 Bon Air Coal & Iron 100
1 10034 Brier Hill Steel comon_ 100 98 I Preferred 100
m 116g
108 Cambria Steel
100 112124 130 Preferred
Mc d1 `0 11% 3 1243.1 Cambria Iron s 130 Carbon Steel100 68 72
95 1st pref 0 7 16
82 100 , 2d pref 11000 (3 67 s 4334 Central Coal &
110000 1712334 17133X s 195 Delaware Lack dr West Coal 50 300 310 a 120 Dominion Coal, preferred _100 99 110 Dominion Iron & Steel pref_ 100 9610234 105 Dominion St & CI Corp com_ 100 4334 4834 $ 135 Empire Steel & Iron 90 Preferred
1 10 1665
195 Gulf States Steel 100 55
53
_
100 51110000 8566
50 8$
s 130 2d pref 52% 1st pref
410 Hocking Valley Products___100 is 134 23490 9234 Inland Steel 100 374 38090 115 La Belle Iron Works corn 100 - --__ 5034104 110 Preferred 100 129 135 Lackawanna Steel 100 7434 76 165 Lehigh Coal & Navigation... 50 d 76 s 225 Lehigh Valley Coal Sales - 50 d 78 1 3834 Lehigh & Wilkes-Barre Coal_ 50 50 55 Midvale Steel & Ordnance__ 50 d 63 66100 104 New Central Coal 20 125 135 New Haven Iron & Steel_ ri d 1 %95 Newton (G B) Coal corn _100
S Basis. d Price per share not per cent. e New stock. f This price includes accrued interest. h Ex-stock dividend. k Last sale. n NominalSale price. u Ex-warrants. a Old stock. x Ex-dividend. y Ex-rights.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
MAR, 1916.] MISCELLAN EOUS SECURITIES. 47
Stocks. Par.
ELEC.OAS& POWAdirondack El Pow
Preferred ___100Am Gas & EL _ _ _50Preferred 50
Am Gas of N J_ 100Am Lt & Trac_100Preferred _ _ _100
Am Pow & Lt_ _100Preferred _ _ _100Option warrants_
Am Public Util _100Preferred _ _100
Appalachian Po.100-Preferred _ _100
Arizona Power_ 100Preferred ___ _100
Atlantic P & L_100Preferred _ _ _ _100
Bay State Gas_ . 50Brklyn Un Gas_ 100Buff Gen Elec_ _100Calif Elec Gen-
erating, pref _100Canadian Gen E1100Caney ItiverGas 25Cent States G & E..
Preferred Chic Sub Gas & EL.
PreferredClncin G & EL A00Cin Gas Transp 109Cities Service_ _ 100
Preferred _ __ _100Colorado Power 100
Preferred_ _ _ _100ColumblaG& E_ 100Commonwealth
Edison 100Connec Pow pf _ 100Cons Gas E Lt& P (lialt) 100Preferred _ _ _100
Consol Gas (NY) SeeConsolidated Gas
(Pittsb) pref _ _50Consumers Gas(Toronto) 56
Consumers Pow(Mich) pref_ _100
Dayton P & Lt_ 100Preferred _ _ _ _100
Detroit Edison_ 100Duluth Ed EL _100
Preferred _ A00Edison El Blum(Boston) _ _ _100
Elec Secu pref.. A00Elec Co of Am_ _ 10Elec Inves Corp 100
Preferred _ _ _ 100Elec Stor Bat.. _ 100Elizabeth G L_ _ 100Empire Dist El 100
Preferred _ _ .100Equitable 1110 L
Plilla pt 100Essex & find G_ 100Fall Riv Gas W. 100Federal Utilities 100
Preferred _ _ _ _100Gas &El of Ber-gen Co ' 100
Gas & El Secur_100Preferred _ _ 100
General Electric 100General 1 & E_100Cum pref_ _ _ _100Cony pref _ _ _100
Hartford El Lt_ 100Hartford City Gas
Light common 25Preferred __ . 25
Havana El L& P-SHoughton Co ElLight 25Preferred.._. 25
HoustonG&Fpf100Hudson Co Gas.100Ilium & PowerSecur-com_ _100,
Pref 100Indiana Ltg_ _ _ 100Indianan Gas_ 50Kansas G & E pf 100Kansas Nat Gas 100KingsCoEl & P _ 100Laclede Gas Lt. 100
Preferred . tonLaurentide Pow.100Lincoln (Neb)Gas & El L_ _100
OhioFuelSupply 25 d 383% 40 Hanover 50 160 17082 85 Oklahoma Nat Home 100 405 4151083% 112 Gas 100 703% 713% Niagara 50 310 325
d 38 40 Old Col Gas pf_ 100 103 106 Northern 100 90 11012 15 Ontario Power_ 100 62 66 North River _ 25 140 15070 75 Oro Elec Corp_ _100 5 Pacific Fire 175173% Preferred 100 5 15 Stuyvesant _100 100 12585 95 OroWater,Light United States_ _20 80 90744 75% & Power__100 Westchester__ _10 d 58 6297 98 Osage & Oklahoma W'msburgh Citi115 117 (Nat Gas Co 100 98 (Brooklyn)__ _100 130 17075 76 OttawaL,II&P_100 120 Philadelphia. Per share25 27 Pac G & El........100 62 63 Alliance of Phila_ 10 183% 1999 100 1st pref 100 91 93 Delaware 10 5 614% 143% 2d prf (old pf)100 91 93 Fire Association_ 50 3 3453%
Pacific Lt Corp_ 100 100 Girard F dr M _100 k 2361424 143 Preferred _ 100 79 Ins Co of N A _ _ _ 10 25 253%93 96 Pac Pow & L pf _100 95 100 InsCoState ofPa100 100 I 105
Paterson & Passaic Lumbermen's__ _25 s 102109% 114 Gas &
El_- __ 100 87 01 Mechanics' 25 k 60
1133% 1143% PawtuckGaspf _100 94 98 Pennsylvania F 100 410 415under N Y City PennsylLtgcom 100 25 35 People's Nat Fire 50 17 18
Preferred ____100 78 83 Phila Life 10 10 103%d 24 Pa Wat & Pow_ 100 733% 743% Reliance 50 53 57
People's Gas Lt& United Firemen's 10 10 12min 176 Coke (Chic)_ _100 1024 104 Providence. Per share.People's Nat Gas Prov Wash'ton_50 84
94 06 & Pipeage_ _ _ 25 d 36 40 Richmond. Per share.40 1 42 Phila Co-See St & El RR Sec. Virginia F & M_ _ 25 84 8689 913% PhilaElec($22.50 St. Louis. Per cent136 137 paid) 25 d 273% 28 Amer Central 50 130 135 Pittsb 011&Gas_ 100 73% St. Paul, Minn.
65 68 Portl (Me) G L. Sod St Paul Edr M _100 410Providence Gas_ 50 d 90 93 San Francisco. Per share 248 Pub Serof N 111 100 1133% 114 Firemen's Fund 100 265 266
80 Preferred _ _ _ _100 1033% 104 Washington.d 10
1011,20
Rhode 1st ElecProtect _ - ._ _ 100 130
Arlington 10 Corcoran 50
980
10__--.80 873% Salem (Mass)G-L100 s 200 Fireman's 20 183% - - - -.63 64 Shawin W & P_ 100 130 131 G'erman'Amer _ 100 265 - - - -.350 Somerset Union dr National Union 5 6
Middlexex Lt _100 70 72 Potomac 25 ----.77 82 Sou Cal Ed corn 100 88 90 MARINE INSUR•
Preferred_- - _ 100 103 106 A NC E SCRIP.
105 110 SW Pow & L 1' 100 a 081) 100 Atlantic Mutual-134 136 Stan G&E (Del) 50 d 74 83% 1911 /100267 270 Preferred...... 50d 303%
-Lt&32 1912 f 10025 Superior Water 1913 f 10030 Power corn _100 45 70 1914 f 101
.....Preferred _ 109 60 1915 f 10188 90 Texas P & L pf _100 94 100 Troy (N Y) Gas 100 135 140 MINING STOCKS Per share.--- - Union Nat Gas..100 144 147 Acacia 1 43%c 44c167 167-4 United El N J_ _100 80 90 Adventure Cons.. 25 23% 2%16 73/s United El Sec pf100 108 112 Ahmeek 25 973% 9075 80 Until G&E Corp1001 19 22 Alaska Gold M_ _10 21 213
Un G&E ofNJpf 100 79 '83 Aigomah 25 1 131d 623% 633% United Gas Imp 50 d 893% 893% Allonez 25 703% 71d 49 50 United Ilium Co AmGold M (StL) 10 50c ee St & El Rys. of New II aven100 245 Amer Zinc Lead &
United Ut ilities_ 100 15 25 Smelting 25 773% 77d 16 18 Preferred ..-
Boston. Per share. Doctor Jackpot_..1 103%c. 11cd 503% 51 Boston 100 Dome Mines _10 24 2431843% 85 Colum Nat Life_ 100 120 Elkton Cons. 1 303%c. 313%c 87 Conveyancers' El Paso Gold ........1 82c. 88cd 18 20 Title 100 Federal M&Sm_100 3095 100 Mass Bonding Preferred 100 50 5228 30 Mass F & M FirstNational Mass Title 100 Cop ($3 75 pd)_5 534 5%195 98 Brooklyn-SeeN Y Franklin 25 9 934Detroit. Per share. Gold Dollar Cons_l 3 33-145 47 Detroit 14' dr M 50 135 Golden Cycle 2.05 2.06
r 79 80 Michigan F& M 50 85 GoldfieldConsol15 19 Hartford. Per share. Mines 10 90c. 95c43 48 Aetna (Fire)_ _ _190 388 393 Granby Cons M S
2Wolverine 255 464Wyandot 25 1%Yukon Gold_ _5 23%REAL ESTATETR& LAND STOCKS PerAlbany Tr (Bost)_1 a80Alliance Realty _ a 77 00Barristers' Hall Tr(Boston)
Bedford Tr(Bost4 a BerkeleyHot1Tr( )1 a 60Bd of Tr Blg Tr(B)1 a 98BosGr'dR'tTr(C)_ 1 a 100Bost Land (Bost)_i Bost R E T (Bo) ..h a BosStorW'h'se(B) I a 110Boston Wharf Co_l a 107Bromf Bldg Tr(B) 1 a 80Business RETr(B) 1 a Cent Bldg Tr (B)_1 a Chic R E Trustees h a 900City Assoc (Dos).. ..e a 500City R E T (C).. ..h a 000Congress St Associ-
ates (Boston)_ _ _1 a C'gressStBigTr(B) I a Constitution WharfTrust (Boston)_1 a
Copley Sq Tr (B)_1 a Preferred 1.a
Delta Bldg Tr (B)_1 a 65Devonsh Bi Tr(B)1 a 30Dwelling houseAssn (Boston).. ..h a
. East Bos Land (B)_ 103%East St RE Tr(B) 1 a Ensley Land Co_l 75Essex St Tr (Bos)-1 a Factor v Fild Tr( B)-1 a Fifty Assoc (Bos) a4000Haymarket Tr (B)1 a Hotel Belley Tr(B)1 a Hot1Tr,T'raine(B) 1 a 100Huntington ChamTr (Boston) _1 a 75
Journal Big Tr (B) I a Kimball 13Ig Tr(B) I a 45Lovejoy'sWhTr(B)I a 98MerchRETr(Bos) h a 500Municip1RETr(B)1 a 97Old South Bid As_l a 55Oliver Bid Tr (B).1 aPaddock Bld Tr
(3)1. 90
Pem'toriBldTr (B) 1 a Post Of Sq Tr (B)_ I a 65PrayBlds Tr (Bos) 1 a QcyMark R pf (13)1 a 99R.EAssoc(Bos).la 65Realty AssociatesofBrooklyn 1 96
Som'set II Tr (B) -1 a ' South St Tr (Bos)_1 a 97South Term Tr (B)/ a State St Associates(Boston) 11a
State St Ex (Bos)_11a 60Suffolk R E Tr(B) hl a 700Summer St Tr (B)..11 aa 7703rerm Hotel Tr(B) _1 a 95Preferred
rexas Pacific LandTrust certfs_ _I 109
rrem't Bid Tr (11)_I a 97rrimtn Tr (Bos)-1 a University Associ-ates (Cambr)_ ..la
' Western R E Tr _Ila 135QutathronfildTr(B)l'a
share.289c.
53%4%17 •.165c.5
47%e.3%133%435%291%16%1 ,196%293%220c.4696%93
123-41.805
91424%15%
17c.60 410Vi,373(
19%49553(
6%4%9
7%c.143(83)i4
2.314%6522%g
share.
80
807570103
1030
868065
1000
950
9650
20958045
600103%.
100859585
CO
8540
10170103
35
20
75
10965
70
65
80080
83
101100
70 ".
70a Purchaser also pays accrued int. b Assessment paid. c 2d install, paid. d Price per share, not per cent. h Par value $1,000. i Par value $10.k Last sale. I Par value $100. m 1st install, paid. a Nominal. s Sale price. t New stock. z Ex-div. y Ex-rights. z Ex-special diy.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
48
Stocks. Par. Bid.
TELEGRAPH &TELEPH STOCKS
Par PerAmDisTelg(NY)100 17AmDisTelg(NJ)100 71AmTel&Cab,gu 100 x 64Airier Tel & Tel_100 127%Bell Telp (Can)..100 146Cent&SA Telg_100 135Cln&Sub Bell Tp 50 202Commer Un(gu) 25 100Dominion Teiegr(Canada) 50
Dmpire & Bay StateTelegraph_ __100 66
Franklin Tg(gu) 100 42GoId&StkTg(gu)100 111Ill & Miss Telg_ 50 64Internat Ocean Telg(guaranteed).100 97
Keystone Telp_ 50 d 14Preferred 50 d 693
Kinloch Long DistTelephone_ _ _100 140
Loutsv HomeTp 100 107Maroon' WirelessTel of Am 5 d 3%
Preferred_ _ _ _100 95Providence Telp 50 d 100South&At1Tg(gu)25 88Southem NE Tp100 147ToledoHomeTp100 87Tri-State Telep& Teleg 10 d 10Preferred_ 10 d 9
Western Tin TA 100 873TITLE GUARAN-TEE & SAFEDEPOSITSTOCKS Per
Amer Surety_ _ __50 105Bond & M Guar100 287Casualty of Am _ _75 Chicago T & Tr_ 100 229CitySD(AlbNY)100 125Columbia Title(Washington)._ 5 d 43
Fidelity&D (Md)50 d 13534lstMg Gu N Y_ 100 90K C (Mo) Casual_ d 6Kentucky Title_100 110Lawyers M Co_100 170Louisville Title_ 1( 0 123Maryland Cas Co25 d 95Mortgage Bond.100 114Nat Surety Co.. 100 213N Y Mort&Sec_100 90N Y Title Ins Co 100 45PacificCoastCas'lty(San Fran)_ _100
RE T Ins (Wash) 100 Rhode Isi S D_ _100 110SD&TrCo of Ba1100 650St Paul Title&Tr 50 d Title Gu Tr (StL)100 U S Casualty....100 185USFidel&Gu(M)100 220US TGu&Indem100 50Westch & Bronx Tit& Mtg Guar 100 167
Lake Sup Corp..100Lake Torp Boat_10Lake of the Woods 100
MPrIelifieurgred _ _100 Landers, Frary& Clark 100
L anst Monotype100Laurentide Pao 100Lee Tiro & Rub (t)Liberty Mills_ 100Lig& Myers Tob 100
Preferred. _ _ _100Lima Locomot_ 100_.
6502801154501121008412511409113
1163411488
9678152110
d 71d 21
25
1655
30
83101
1153413
d 4817011427973951174
11598410
9318%61
d 8016
d 28
78d 3d 16H216105122061
d 19160
d 334
%1%
.1091106810234
14%153.4
64342035
d 4534109934443934
90339730
6210334
140290
60778011194
d 09617575
d 1311034 1034
d 10
x
6169%176344934872301183119_1
7512001173/i47811334106891401206934115
116341209324963/s8215711275213435
18601740
34102
1165436
105119289940512010
120103
65081963821%
8
623435
79
172181071324
1934163
334
134234
11011670110
15341534
6434253s455411210344434419095431013234906719a
170310
8085
967162348080
14
1111
133120
6270178509523212221 _
a Purchaser also pays accrued int. d Price per share, not per cent. e Parn Nominal. o Ex-cash and stock dividends. r Ex-subsidiaries. 8 Sale price.of 5% and 19% in Anglo-French bonds. t Without par value.
value $500. h Par value 81,000. k Last sale. 1 Par value $100.t New stock. z Ex-dividend. y Ex-rights. x Ex-special cash div •
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
MAR., 1916.1 MISCELLANEOUS STOCKS.-STATE AND MUNICIPAL BONDS. 49
Stocks. Bid. Ask. Stocks. Bid. Ask.
Par.Lit Brothers___ 10Loose-WilesBis_100
1st pref 100 2d pref 100
Lord dr Taylor_ 1001st pref 1002d pref 100
Lorillard (P) 100Preferred_ _ 100
LoulsyTobWhse100Preferred_.- A00
gacAndrews&Forbes 100Preferred
Mackay Cos___100Preferred.. ___100
ganhat Shirt _ _ 100Preferred_ ___100
ganufact'd Rub 10Preferred_ _ _ _ 10
garin Co Water100garlin Armscorn(t)Preferred_
-- _100
May (The) DeptStoresCo corn 100Preferred_ _ _ _100
Safety Car H& 100 105 107 Preferred 50 d 124% St L Cot Comp 100St Louis Transf _100
35 _r71
Untd Cig Mfrs_ 100Preferred__ __100
59105
61110
Sapulpa Refg_ d 11% 12 Untd Cig Stores_5Savage Arms_ 495 of Am com___100 d 95 100__100Scovill Mfg___ _100 z 475 485 Preferred____100 d 115 130Sears, Roebuck New corn 10 d 9%& Co corn 100 171 171% New pref 10 d 11% 12Preferred 100 126% United Dry Gds 100 20%
a Purchaser also pays accrued dividend. b New stock. d Price per share, not per cent. k Last sale. n Nominal. s Sale price. t Ex-stock div.U Ex cash and stock dividend. to Assessment paid. x Ex-dividend. y Ex-rights. t Without par value.
STATE AND MUNICIPAL BONDS..It lei not the custom In quoting municipal bonds to include accrued Interest in the price given. Hence this accrued
Interest must in all cases be added on, There are a very few instances which form exceptions to the rule-that is, wherethe prices given are flat prices, the accrued Interest having been taken into account in making them. These are indicatedby a special mark, thus (f).
The figures in the column "to net" indicate the basis on which the securities sell or the interest rate which the securitiesIf held to maturity will net to the purchaser at the present market price.
Bonds Bid AskToNet Bonds
ALABAMA Phoenix 4%s 1950 op '30_J&J4s renewal Cl C 1956_ __J&J 09% 101 5s School Mar 1933 4s Currency fund'g 1920_ J&J 99 100% 5s Jan 1 1954 op 1934_J&J3%s renewal Jan 1956.. ..J&J 88 90 Prescott-5s 1948 J&JBirmingham Os ref '23_ F&A 4.45 Tucson-5s Water 1950 J&J
tis ImprovSep15 1921_M&S 4.45 4%8WW Mch 10'38 M&S10Se School 1924 J&J 4.45 ARKANSASSe Sewer 1938 J&J 4.45 Ft Smith-Se 1926.... A&O58 Fund Sep 30'41.M&S30 4.45 5s W W 1918-1926__M&N
Jefferson Co-60 1921.. ..A&O 4.60 4.50 St Francis Levee Dist-Os Dec 1 1917 J&D 4.60,4.50 Os Oct 1 1943 opt '33_J&J6s July 15 1920 J&J 4.60:4 50 6s 1947 opt 1937 J&J4%s July 1 1931 J&J 4.6O4.50 5%s 1945-1964 J&J4%s Hospital 1963_ _J&J 4.60 4.50 5s 1949 opt 1929 J&J
Mobile-Se Sewer 1942M&N 4.60 4.50 CALIFORNIA5s School 1943_J&D 4.60 4.50 4 %sUniv bldgJan5'21-65J&J4e Refunding 1937_,k&O 4.60 4.50 4s Harb Imp 1985 op '50 J&J4 s Wat & Sew '39__J&J 4.60 4.50 4s Highw July 3 1944_ _J&J3
Mobile Co 5s ref 1928_M&S 4.60 4.50 4s Highw July 3 1954 _ ..J&J5s Ref 1931 J&D 4.60 4. 50 4s Highw July 3 1957.... J&J5s Road Feb 1932...... F&A 4.8&4.50 Alameda-4s '16 to '41_J&D48 C H & Jail 1926_ J&J 4.60' 4. 50 4%s Mun Imp '16-'48 A&O
Montgomery-6s 1924_ Ada 4 .60: 4. 50 Bakersfield 5s '16-'52_A&O6s May 1 1918 J&J 4.604.50 Berkley 5s 1942-1951_ _J&JSe Street Pay 1923......J&J 4.60'4.50 bs School 1917-1955_ _ _J&JSs Funding 1040 J&J 4604.50 Los Ang-4%s '16 to '35J&J4%s Water 1928_-_A&O 4.60 4.50 4%s OR Dec31 '16-'37J&D450 Sch WW&Sew'44 J&J 4.60 4.50 4%s Harb imp '16-'51 J&D
Montgom'y Co-5s '35_A&O 4.60 4.50 4%e Elec plant '17-'51J&DSelma-5e '27 op '10 M&N 99 100 4%s Aug 1 1923-1942_F&A
ARIZONA 48 W ann 1916 to '45 M&N1.3is ref Apr 1938op'28J&J15 4.40 4s 1916 to 1930 J&JMaricopa County 8 D No 1 3a s Water '16 to '41..A&O
/r
5s March 1933 Mar 4.60 3As Sch 1916 to '44_J&D
Bid AskToNet Bonds Bid Ask
ToNet
4.20 Los Ang Co 4%s '17-'49 F&A 4.10104% 106 Oakland-5%s 1916243F&A 4.20 4.45 4%s Mun Imp 1916-43F&A 4.20 4.20 4%s Jan 15 1917-'47_J&J 4.20
4%s Sch &c Jne'16-'51J&D 4.20102% Oakland S D 4s '16-'44_J&J 4.20
5 4%3.90% San Francisco 5s g'16-'55J&J 4.30 4.25 5s Munic. 1917-1960 _J&J 4.30 4.25 bs 1916-1939 M&N 4.30 4.25 4%s April 1922 _A&O 4.30 4.25 3%s g July 1 1916-'44_ J&J 4.30 4.25 San Joaquin Co 5s'16-'49J&J 4.15 4.10 San Mateo Co be '17-42_J&J 4.15 4.10 Santa Barbara-5s gold Sch 4.10 1917 to 1941 Jan 10 4.30 4.10 4%s g Aug 1943_ F&A 4.30 4.10,Stockton S D 5s '16-'21_J&J 4.30 4.10 CANADA-See page 50. 4.10 COLORADO 4.1 4.10
4s 1922 opt 1912 M&SFlooklar 5q FRAnt 1 102R WES
9934int
100103
b Basis. j Flat price. n Nominal. a Sale price.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
.9
50 MUNICIPAL BONDS. [VOL. 102.
Bonds. Bid. Ask.ToNet. Bonds. Bid.
To ToAak. Net. BONDS Bid. Ask. Ns,.
Canon C'y 5s '31 op '21M&NColoradoSpgs48'29op'14M&SDelta Co 5s ref'30 op'20 J&DDenver 5s Oct 1919____A&O5s Aug 15 1928__F&A 15
Garfield Co-5s refdg May 1933 op '23_
Grand Jct 5s '26 op '21_J&JGunnison Co 4s'19op'09A&OLake Co 4sNov'21op'11A,Ic0Las Animas Co 4%s 1931 J&JOuray Co-4s '21 op '11 F&APueblo 6s Sept 1 1921_M&S5s 1918 cl1913 J&D
PuebloCo4 sref'31op'21J&JS Pueblo Co D No 20 4%s
1932 M&SRioGrandeCo5s'19op'09F&ATrinidad 5s '32 op '22 _A&O
CONNECTICUT4s July 1 1936 MeiAnsonia 43s 1916-44 A&OBridgeport-4%s CII'18J&J43is Bridge '16-'65___J&J45s School 1916-35_ F&A4s Corp July 1919.... J&J
Bristol-4s Funding '27_J&JDanbury-4s 1920 J&J3%s Oct 1941 A&OE Hartford-48'24op04A&O4s Funding '39 op '29.A&O
E Hart! Fire D 48 1931_ A&OFairfield Co 43s C H '45J&JGreenwich 4%s '16-'24 _HOGreenwich (Borough)-4%s Funding 1916-38 J&D
Hartfort1-4s 1918 J&J4s g Water 1918 J&J338 g June 1 1955_ __J&D
Hart! S D-4s Ars'l '17 J&D40 2d North '24 op '04_J&J3s South 1931____M&N3 s South 1955 M&S
Meriden 4s 1916-1918_ _J&JMeriden (Town)-3%s 1917 to 1924 M&N
Middletown-4s 1922 ..J&J3%s 1921 J&JNew Britain 4s July1 27F&A3%s Sewer 1924 J&JNew Britain (Town)-3%s Sch 1929 op '09_F&ANew Haven-4s 1917-'19J&J4s Sewer 1916-1925__A&O3;e0 Oct 1916-1924__A&O48 Town 1939 J&J338 Town 1916-1929_J&JNew London 4s Sch '27 J&D334s Water 1926 J&J
Norwalk-4(s Jan 15 '54 J&J4s g May 1935 J&J3;is (Town) 1918___A&O3;is Water '29 op '19_J&J
Orange-4s g Fund '25 J&JSouth Norwalk 4%s '42M&NStamford 48 Park 1942 M&N4%s School 1917-1945.J&J
Waterbury4%sSch'17-21J&J45js Water 1917-'71 J&J4%s School 1922-1953 J&J4s Water 1920-'49 J&J4s Park 1916-1958__J&J3%s School 1917-'32 J&JWest Hartf'd 4%s, '43 J&DWillimantic-4s 1924__ A&OWindham-4%s 1944._ _J&J
DELAWAREis June 1 1932 J&88 Dec 1 1927 op'02 J&DNewCastleCo4%s'26-34J&D4s Ref Dec '16 to '24_ J&D3%s 1916 to 1920 J&J
Wilmington-4o '22_ A&O4;is St & Sew 1034.. ..A&O4;i8 1028-1937 Adt04%s Bldg-Con '53-62 M&S4s St & Sew Apr 1925_ A&ODIST OP COLUMBIA
United States of Mexico-b 4.05 %____ 5s g Refunding '44....Q-Jan c 4099% 4s g 1954 J&D 99% FOREIGN CITIES, &c.88 ______ Amsterdam 4s 1900-'01_ A&O 983 ------ Copenhagen 4s of 1901 MAN 98 ______ Havana-lst 6s 1939___Q-J 10391 ______ 2d Os Q-J 10085 Tokyo, City of, 5s of 1912-99 ______ Red ann s f beg '16-'52M&S c 773
CANADAb 4.25 4.15% Dominion of Canada-98 57 notes Aug 11918.. F&A 100%95 5% notes Aug 11017.. F&A 10198 ______ Alberta, Province of-96 5% deb May 1 1925_ M&N 94
4% s f deb 1924___P&A 9492 ______ Calgary 5s 1933 J&J 8399 100 6% notesMar 15'18 M&S15 99399 100 Galt 4%s Apr 18 '31_ A&018 97 98 4%s ElPow J'ne 5 '31J&D5 99 Guelph-5s L 1917_ _J&D 31 96 97 lis Cons debt 1920.... _J&J 99A ______ Halifax N S 4sJuly 1945
b 4.10 4% Hamilton 4s 1922 A&O 100 ______ 4s Apr 1 1932 A&O 97 4s Eiec L & P 1941 _A&O 97 ______ _ Lachine P Q 5s 1954.. __J&D 92 -- Malsonneuve.Q.6s1.918_J&J 98102% -H15 ii -___ 5 2s May 1 1930 10098 Manitoba 5s 1920 93 5s Dec 1 1918
FAA 08 A
97 ______ 4s gold 1930 JSci, 99
100 ______ MAN
4s Drainage July 1 '29_J&J -,....k,-199 Montreal 5% notes '17_J&D 99
M%b 4.10 4-.63 5% notes 1918 AN 99
5s Dec 1 1945 J&D b 4.10 4 4;is May 1954 65.156 4.10 4 4%s Jan 1944 J&J b 5.15b 4.10 4 -- 4s1925 Mb 4.10 4 ___ 4o re May 1927
&N b 5.15
b 4.10 4% MAN b 5.15
40 May 1 1933 £... M&N b 5.15
98 ______ 4:i5---
4s May 1 1944 MAN b 5.153%s Rfg May 1939 M&N b 5.15
103 New Brunswick, Prov of-3%s Jan 1933 J&J b 5.15
3.90 4s April 16 1921A&O 16 b 5.15 3.90 4s July 3 1930 J&J b 5.15
b4.25 4.15 ___ 4s1932 op 1902 J&J b 5.15b4.254.15% 401932 op 1902___P&A lob 5.1564.254.15%4%s Dec 1 1925 J&D b 5.1564.10 4.05 North Vancouver,5s'60 _J&.1 b4.10 4.057 Nova Scotia, Prov 4s '19 J&.1 64.10 4.05 40 Jan 1 1920 J&Jb4.10 4.05 4s May 1 1920 MANb4.10 4.05% Ontario, Prov of, 5s '20_ F&A b 5.15
4%s May 1925 MAN b 5.15103A 105 4s1941 M&N b 5.15
33is 1936 (tax-exem) J&.1 b 5.1599 100 Ottawa City 59, '16-'45_ _Jdr.1 b 5.151058 107% 4;is '25, '34, '35, '44_J&J b 5.15106 108 3%s Sew Sep 26 '28..M&S b 5.15b4.90 4.80% Quebec, Province of-1043j 1055 5s Apr 1 1920 A&O 99110 1105 Quebec City 5s April 1920__ 99103% 1041, 45s 1922 103% 104%
J&J b 5.153 s g July 1930 J&J b 5.15
98 100 3 s July 1 1931 J&J b 5.15b4 % 0 4.65% 3 s Jan 1 1931 J&J b 5.1597 100 31-6s July 1 1933 T&J b 5.1598 100 Reg Ina 55 1929
Mj&j4Nj 102 103 _ Os May 1 1918 103% 104% ..-_-_ St Boniface,Man,5s '31 J&J2
Saskatchewan, Prov of-5% gold deb 1918___F&A 983
93% 94 SoVancouv,13C,6s '18 op '16. 100Toronto 4%s 1923 sh.leJ b 5.20
89% 4 s July 1 1924 JSrJ b 5.204 s July 1 1925 J&J b 5.20
1013 1013% 4%s July 1 1948 J&J to 5.20101% 102% 4is Jan 1 1949 ; J&J b 5.20
4%101% 8181502k, 4;is July 1 1953
s Jan 1 1955 J&J b 5.20J&J b 5.20
4s St Imp July 1922_ _J&J b 5.2075 78 4s L July 1 1948 J&J b 5.20100 10034 4s July 1 1918 J&J b 5.20
3%s July 1 1944245 J&J b 5.20AO 91 Vancouver, B C-8334 ______ 4 s Nov 30 1024.. ....M&N 0194% 953-i 4s St Imp Sept 9 '22_M&S9
4s St Imp Sept 9 '27_M&S9 85 48 St Imp Sept 9 '32_M&S9 100 _ 15034 VictoriaBC4%s.Tan21'24J&J 66% 5s Feb 1 1919 F&A 9854
Winnipeg, Man 5s 1944.A&O 5.304s June 1 1934 5.304s Aug 1 1946____F&A 15 5.30
GEORGIA4;is 1922 J&J 3.904345 ref 1935-1945 _-_J&J b 4% 3.90%
4;is Sewer '17-'40 JAc.1 b 4.20 4.113%100 4s Water May 31 '23_ _J&J to 4.20 4.13%10034 33s July 1 '31 & '33 J&J b 4.20 4.13%100 Augusta-5s 1921 MAN b 4.30 4.25%
43-is Red May 1 '24_M&N b 4.30 4.257'100 4%s Flood Prot '42_M(IcN b 4.30 4.25
4s refunding 1934 J&J 6 4.30 4.25 o
55--- 3;is April 1930 A&O b 4.30 4.25%
10134 -__ Brunswick-5s Jan '21__J&J 93 101Chatham Co-5s '16-'19 J&.1 b 4.40 4.25%
_155. Clarke Co 53 1923-'41__J&J b 4.40 4.25103 Columbus 5s 1916-'22__J&J to 4.40430 0 5s W W 1916-1914___J&J b 4.40 4.30%
43.is Refunding 1939__J&.1 b 4.40 4.30% Macon-5s July 1923___Q-.1 6 4.25 4.15%
44s Oct 1926 Q-J b 4.25 4.157_ ioiYi 4 s W W 1916-'36 J& I b 4.25,4. 1590 4s Pav & Sew'20to'39_J&J b 4.254.157100 Rome 4%s 1926 J&J b 4.50 4.40%10054 4s Munic bldg '25-'39 A&O b 4.50 4.40%
Savannah-4%s ref '43...T&J b 4.25 4.137'593 4%,3 Drainage 1911 _F&A b 4.254.13% 4 tis refunding 1959._ RIO I, 4.25 4.13%
Valdosta 5s l917-'42___ _Jar b 4.504.40%IDAHO
4;is May 1 '31 op '21__ J&4%s Highway '35 op '25J&J -6--477, i7i5 ,,,
4%107 103 4s Jan 11034 op 1924_ __Plc.) 99 100
Blaine Co 5s Feb'22231 JAE.' 4:5378% Boise City 5s '22 op '12_J&J 100
BoiseC'ySD53'25op'15M&N 100Shoshone County-
101 5s 1916 to 1924 op '15..J&.1 1001013. ILLINOIS
Chicago 4s 1917 to 1921 J&J 3.9096% - 45 World's Fair 1921. _J&.I 3.9095 --- 4s g 1917-1925 J&J 3.9092 --- 4s g Judg 1917 to '24 _J&.1 3.90100% --- 4s g Gen Corp '17-'25..J&I 3.00 6 4s 1917-1931 J&J -----------3.90 6 4s Ref Wat 1922-1935_J&J 6 So Park 4s '16 to '24_J&D ------------ 3.95 6 Lincoln Park 48 1923 _J&J 3.95
5.10 No W Pk 45s '20-34 J&J 45 W Chic Pk 4s '16-'31 .1,15.1 3.95
5„ Chicago Sanitary District-0 40 Dec 1 1916 to 1923_J&D 3.95
534 4s Sept 1916-1931_ M&S 3.95101 --- 3%s June 30 1918____J&D 3.95102 - - Cook Co-4s 1916225_M&S 3.8599% 4s Ser K 1916-19:31 _J&D 3.85100 45 Ser M 1916-1933 _J&D 3.85 5.15 3%s g 1917 to 1923_ Adz.) 3.90
5.15 East St Louis-100 ..-.. 4;is ref Sept 1 '28_... Sept i 4.201003-i Moline 4 %s 1917-'32_ J&J 4.10 Peoria 4%s '16-'24.__June lb 4.20 4.10%
ianap S D 4s '16-'26 J&J 3.70100% 04s Bldg Sept 11048.. J&J 3.7010034 033s July 1 1941 J&J 3.7057 Jeffersonville-5 o3i5 Refund 1925 M&N o 3.705 °Knox Co-4s 1916-'20_J&D o 3.70
oKokomo4s '21-26-31_ _M&S o 3.705 °Lafayette 4%s'20op'15J&D o 3.70 6 oLa Porte Co 55 '16-'28_J&D o 3.70 oLoganspt 3%s'26op'16 J&.1 o 3,70 6 o454s Sch /I '17-'37J&D 150 3.70
Marion Co-4s Ref '27 J&D 43499% _-- o3 ,is Bridge 1924____J&J o 3.70101 ___ o3Yis Refund 1925___J&D o ____ 3 705 oRichmond-4s 1927 MAcS o 3.705 oRichin Sch C 4s '16-'19F&A o 3.705 oSt Jos Co 3%s '22-'24_A&O o 3.70
5 South Bend-o4s 1925__PAAJ oo 3.705 o3Yis 1917-1926 3.70
o3%s Nov 1 1918_ M&N o 5 3.70
25v
--.. South Bend School District-o4s Apr 17 '18-'27_ F&A o 3.70
Terre Haute-5 o4s Oct 1 '27 opt '17 A&O o 3.7005 -__ o4s Sewer 1930 __FAA o 3.70
oTerre H SchC4s'16-'31M&S 3.700
93 _ oVigoCo45Dec16'16-27J&D o 3.70 6 o4s Bridge 1923 J&J o 3.70 6 6 INDIAN TERRITORY (See Oklah oma)5%% 6 IOWA99 Boone 4%s 1917-'31_ MAN 4.30
Burlington 43s '16-'33M&N b 4.30 4.15% 4:ioCedar Rap 4%s '16-'18_J&J
4s 1916 to 1919 J&D 4.20
b Basis. c On basis of $5 to the L. d On the basis of 4 marks to the dollar. I Flat price. is On the basis of $4.8623 to the A. 1 In London.ri Nominal. o Tax-exempt; under a law approved March 9 1903 and which went into effect April 23 1903 bonds issued after that date by Chaoor municipal corporations are tax-exempt, and these sill oil 4 totter bisis. s Sala price.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
MAR., 1916.1 MUNICIPAL BONDS.
Bonds Bid.
Cedar Rapids School Dist-4%s June 1 1921____J&D
Council Bluffs-4%s Wat-wks '16-'30M&N4%s Fire Eng II'se '20 J&J
Council Bluffs School Dist-45 ref July 2 '20 op '15 J&J
Des Moines 5s '16-'21 4%s 1916-1931 M&N48 Funding 1916M&N48 City Hall 1916-26__J&J
Des M Ind S D 43-8'32_J&JDubuque Co 4%s '21-'31J&JFremont Co 5s '17-'35__J&JGreene Co 5s 1920-25. _A&OJackson Co 5s 1916-30_A&OMarshalltown Ind S D-4%s July 1922 J&J
O'Brien Co 5s 1920-25. F&APolk Co 450 '22-'32_A&01548 Court House'16-'24A&O3%s Ct House '16-'17.A&O
Sioux Cy-5s'17 op '15.M& N48 Jan 1910 opt 1914_J&J
Waterloo-4.%,40 W W Jan 15 '30_J&J
Woodbury Co 5s '25-'32.J&J
KANSASAtchison Co 58 ref 1916_J&J4s Refund '29 op '14 J&J
Emporia-4%s Dec '29 op '19F&A
EmporlaSD4%s'32op'22J&JFt Scott 4%s '35 op '10_ M&SHutchinson-5s 1931 _ A&O4%s Pub Bidg'61op'31J&J
Kansas City-58 Jan 1 1917 F&A43-s Wat&ElL '18-22 A&O4%s Sch Bldg 1929._ _J&J4%s Wat Plant Pur'39J&J43-is Refg Feb 1 '29_ _ F&A
Leavenw.-4%s '16-'21_J&JMorris Co 4 U8 '16-'23__J&JSedgwick County-
5s Fund 1925 op 1915.J&J43-isB'ge Oct'27op'17_J&J
Shawnee Co-4s 1924_ _ M& NTopeka-58 Top Wat Sept '26 ..J&J4%s Flee Light 1929_J&J4s Water April 1 '24_A&O3%s Refund
tion of Kentucky passed at theprovides that all bonds of muninow issued or hereafter to be issexempt.eovington-4%s W W 1919-1951____48 Redemption 1922_F&A48 Water 1927 J&J4s Fundg 1952 op '42_F&A
Fayette County-48g Fund '17 to '24_J&J
Frankfort 4%s'27opt ' 17 J &JFranklin Co 5s '16 to '24_J&JLexington 5s RR aid '18 J&D4s Feb 1945 RicA.
Lexington S D 48 1938_J&DLouisville-4 s Hospital 1951 M&S4 s School impt 1954A&O48 Mun Imp 1923_ _J&J48 do Dec 1 '281-Q-M48 Park 1930 J&J4s Ref'g July 1 1937 ..J&J48 Sewer 1947 F&A3438 g Ref'g 1940M&N3 s Refunding 1943_J&J38 ewer & Park 1941-J&J
McCracken County-5s Ref 1933 op 1913_M&SSs Ref 1933 op 1923_M&S
Owensboro-4s'31 op'11 J&J48 Street 1930 op '15..J&J
Paducah 4%s '18 op '98 J&D48 Oct 1 1920 A&O
10098
999999
b4.25b4.25b4.2564.25b4.25b4.30
1 to thNov.19cipal cued eh
------9697%973-
99b4.30b4.30b4.40b4.30
107108101%101%102102102929282
99b4.5096969896
Ask.
------99
100100100
4.15%4.15%4.154.154.154.20%
ToNei Bonds Bid. Ask.
ToNet. Bonds Bid.
Orleans Dist-4.10 5s July 1959 opt 1929_J&J 1063 10734
Plaquemine Parish E Bank-4.10 58 Oct 1952 opt 1942_A&O 804.10 Pontchartrain District-
D 6s 1944 4.10 Red River A & B B DisM
120Dist-
4.10
115%
4.10 5s 1950 Series B____A&O 1034.10 58 Mch 1953 op '43_ _M&S 1034.104.10 MAINE4.10 5s June 1 1919 J&D4.10 4s July 1 1917 J&J4.10; 45 Sept 1 1916-1953 Mar S4.10; Auburn-3%s 1925_ _ _4 4s 1935 dr 1940 J&J4.10, Augusta-4.101 48 Ref 1916 to 1010... F&A4.10, Bangor-4sRef Water'35J&J
I Bath 4s Ref 1941 Jar')4.10 Belfast-4s 1918 F&A4.20 Biddeford 4s '16235___M&N4.10 Cumberland Co 3%s J'ne '214.10 Gardiner Water District-
4.10 Kennebec Water District-J&J
664.10 4s Jan 1934
4.10 3%s g l020& 1925 _M&N b4347043.(%Kittery Water District-
4.10 5s Jan 1917 to 1938_ _J&J4.10 Lewiston-5s 1917____A&O
45 g Oct 1927 A&OPortland-
454sCity Hall 1926 to'45AFt0A 9998
Aug 1 1929
3%s g Ref July 1922J& 95___ Portland Bridge District-
33-s July '16 to '39 M&S b 4.15_-- Portland Water District-
3%s July 1919 opt 1914_J&J b 4% 3.904.20 33s Roads 1923 to1928 b 4% 3.90%4.20 Annapolis 43-s W W '42A&O 4.20 Baltimore-4.20 43s Mar 1 1917-55_ M&S b 4.054.20 4%s Mar 1 1955____M&S b 4.05
4s Nov 11020 M&N 994.20 45 Water 1926 M&N 994.20 4s Aug 11951 F&A 99
48 Annex 1954 J&D 994.20 4s Parks 1955 M&N 99
48 Mch 1 1961 M&S 994.10 4s Aug 1 1961 F&A 99
33-is July 1 1930 jr,lt,1 913 s Imp 1940 Ho 90
e Const itu- 3 s March l945. _M&S 9015 elec tion 3 s Refunding 1952 J&J 90orporat ions 3 Sew'age Imp '80_A&O 90all be t ax- 33.4s Jan 1 1927
Cumberland 4 %W W141Atig 854s Water 1923 F&A
4.00 Frederick-48 1918 opt 1903 J&J
MASSACHUSETTS48 1916-52 (tax exempt)Var.
J&J 334%
3 s g Oct 1918 3 s gold Nov 1923M&N34s g July 1 1035 J&J3%s Water 1942 J&J3%s g July 1944 M&S3s April 1 1929 A&O3s g May 1929_____,_M&N38 Met Sewerage 1936_M&S38 g July 1 1939 J&J38 g Water Jan 1 1941 J&J
__ Arlington-4s Water '22.J&JAttleborough 4s 1924 J&J33s March 1935.___M&S
Beverly-4s Water '17_ F&A4s Sewer 1916-36.... __A&O
.._ Boston-48 Water 1919 A&O48 Park 1920 J&J4s July 1936 J&J4s Apr '16-'37(tax-ex)A&O4s 1916-1939 (tax-ex).J&J48 Tunnel & Sub '48_J&D4s Sub 1957 tax ex...A&O45 Sub 1958 tax ex.... J&J4s Tun.&Sub'59 tax ex.J&J3 s Water Apr 1 '17_A&O3 s Imp Sew'age '19.J&J3 s June 1 1923____J&D3 e June 1 1924 J&D3 s June 1 1932 J&D 943 s June 1 1934 J&D 9373 s July 1 1935 J&J 93533.s June 1 1943____J&D 9233.s June 1 1944___J&D 9233s July 1 1945 J&J 91313s an 1 1921 ----- J&J 97
Brockton, 45 May 1927 M&N 9935s Water 1932____M&N 93
Brookline4s Water 1016 to 1023.J&J 100
Cambridge-4s Water Dec 1 1917_JdeD 10035-is Water May '25_ M&N b 4%3.90%,3s Bridge 1941 F&A 82
Chelsea-4s Park 1936_A&O 983-Everett-4s Sew 1929..M&S 9834Fall River4s Municipal, 1922 _ _FWA 093%s Water Feb 1930_17&A 933
Fitchburg-4s Reg April 1 1922 Attv 99%3%s Water 1926 Jdc.1 95
------
------
104% 100% b3.90 3.75%95 9664% 3.85%
99%9998%99
b 4%3.85%%97
------
------
------------
4%
1013i
------
089999
1004.25%4.254.354.15 0
004.40%88989997
1
LOUISIANA58 Port Commis'n'20-'54A&O b4.55 4.40Si Port Comrnis'u '24-'59J&J b4.55 4.40 058 Port Corn '23-'55--J&D b4.5514.40%454s Ref 1916-1964&A b4.154.10%Atchafalaya Levee Dist-5s lief 1949 op 1939_ M&S 101 1073-
Bossier District Levee-Os 1922 opt 1912____M&N 104
Caddo District Levee-55 1051 op 1941 J&J 104
Fifth District Levee-5s 1950 opt 1940 - J&J 100Ss 1952 opt 1942 J&J 5s Oct 15 1062 op '52 A&O
Lafourche Basin Levee-5s Jan 1954 opt 1044__J&J 103 107
Lake Borgne Dist Levee-50 Dec 1952 opt 1942_J&D 102 1083-s
Muskegon-5s Water 1916-1925._J&J 434s W W 1917-'44___J&J 48 May 1 1934 M&N
Muskegon School District-5s 1942 July
Muskegon County-434s Jan 1 1932 J&J
Port Fluron-4s Ref'g 1919 4s Jan 1 1932 J&J 334s Park July 1 '20J&J
Saginaw-4%s Wat May 1 '25. M&N 4s Sewer July 1918_ __J&J 354s %Vat Mch 10'20.M&S
Sault Ste Marie-58 Ref'g Apr 1 1917_ A&O 434s Bridge July 1 '20.J&J 4s gold July 1 1932_ _J&J
Wyandotte-454s 1934. J & D
b4%64%
100%100
10095%
4.10%
b 4.10b 4.10b 4.1099
b 3.75
99%
100
SW,89%10094
99%
9799%
b 4.10
99%100
97
e (o)
51
T.Ask. Nei.
4%
4%------
--- i°770
------------------
---------------------
------------
3.90%3.904
------------
%
4%
------------
4%
:44%5785f,------------------9790%
------
-
------4%
334
b 3.95b 3.95b 3.95b 3.95
3.953.953.95
MINNESOTAAltkenCo4 %sDec'16-'24Aug Beltrami Co 434s'16-'24.J&D 534s Ditch 1923-34.J&D
Brainerd-5s Nov 1919-1929' Cass Co-5s Ct H'se '22A&01 Clay Co-43481916.-J&J b 4.50Duluth-
Ss g Water & Lt 1925.J&J b4344348 g July 1 1926---J&J b4 84s g Water & Lt '28_A&O 6434 048 Water & Lt 1935.A&0 b4%
3.85%3.85%3.85%3.85%
4.15
4.10
44
4.394.304.204.20
4.10
3.903.903.90 0 4-d5
4.10
4.104.104.10
4.05
4.104.104.10
4.10
4.104.304.304.30
4.104.104.10
4.20 4.30 4.80 4.30 4.304.30% --
4.10%4.10 T"4.1044.10 %
b Basis. f Flat price. n Nominal. o Tax exempt; under a law approved May 13after that date by municipal corporations are tax-exempt and these, accordingly, sell1909, and which went Into effect Sept. 11909. bonds issuedon a better basis.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
•
52 MUNICIPAL BONDS. [VOL. 102.
Bond Bid. Ask.ToNet. Bonds. Bid. Ask.
ToNet Bonds Bid. Ask.
ToNei.
4.15 4.15 4.15 4.15 4.15
4:28 4.30
4723 4.23
4.60 4.33 4.85 4.30 4.30 4.30
4.15 4.15 4.10
4.25 4.25-
4.15 4.15 4.15 4.15 4.15
-
Duluth Ind School Dist-ils May 1 1923 MdcIsl43s Feb 1 '40 op '80_17&A4s 1934 opt 1924 A&O
Hennepin County-43s Ct H Apr 1924_A&O
Koochiching Co 55 '19-'33J&J 530 Ditch 1921-35_J&J
Minneapolis4%5 Impt 1916-1935_J&J4%5 g July 1920 J&J45 School Jan 1927.. J&J45 May!, 1927 ___ M&N45 School Jan 1 1935_J&J45 Improvem't 1937_ .J&J45 Improvem't 1942 -J&D48 1944 A&O330 School Jan 1 '29_J&J3%s Water-Wks '32__J&J
Ramsey Co-3%s May 6 1921____M&N
Red Lake Co-530'20_A&O St Paul 430 Sept 1917 M&S4%5 Water 1918____M&S4s July 1935J&J
s Park June 1 1943J&D45s Sewer July 1 1943J&J435Water Aug 1 1943F&A4s Ref March 1 1939_M&S45 Sew'age July 1 '39_J&J45 March 1 1940__ M&S33.s April 30 1922_ _M&N
South St Paul 530 ref '33 J&J
MISSISSIPPI43,55 1919-1934 J&J45 State Jan 1 1919_____Jan3s Refund Jan 1 1927_J&J3s State 1934 op '14_ J&JGreenville 6s 1920 J&J 55 Refund Sept 1927_M&S
Jackson 530 July 1 1933J&J 58 Wat Aug 1 1928 __F&A 55 Water 1930 F&A 55 June 1 1932 J&D
Meridian-65 May '24_May Bs Dec 1 1939__J&D 430 Bch House 1941__J&J
Mississippi Levee District-/Ss May 2 1944 BUN58 July 1 1953 J&J4%5 Sept 1934 M&S
Vicksburg-5s 1916.. F&A 5s St Impt 1916-'32.. _F&A 450 Sewer Dec 1 '28_Dec
MISSOURI330 Cap Bldg '16-'25opt.T&JKansas City-5s g (Westport) 1916_J&J4 Sept 1 1930____M&S44s March 1, 1933__M&S45 Market House '24_J&J45 Water 1924 J&J48 Park & Boul 1924 J&J45 Sept 1 1930 M&S
Kansas City School DIst-43s July 1 1933 J&J4t3 July 1 1927 J&J45 July 1 1930 J&J45 Bldg 1932 J&J3 s Jan 1923 J&J3s July 1925 J&J
Lafayette Co 3%5 1921 J&JLittle River Drainage Dist-530 Oct 1919-1933__A&O
Pettis County-45 1918 opt on 1908_M&N
St Joseph 45 1923 F&A 45 1924 M&S 45 1926 M&N
St Joseph School District-430 1925, 1930 & 1935
St Louis-430 Bdge-Compl '35.A&O45 Renew g 1918 Jdc.145 Insane Asy'm45 Public Impt 1928.. J&J45 Public Bldg 1929_A&O45 WW Renew '31__M&N3.655 Ron Jun 25 '27.J&D 33s Renew g 1918__J&D 3s April 1 1925___A&O 33js g April 1 1922. A&O
Sco 'd Co 4%5'17 op'07.J&D435 1917 opt 1912__J&D
Springfield-55'32 op'17.J&D MONTANA
Billings 5s 1934 op '29. __J&J Bozeman-8s '19 op '09_J&JButte-4%5 Dec 1 '25 op '15_J&J
Butte School District No 1-430 1924 opt 1914.. J&J
Hudson Co-43s 1948.A&O 430 Road 1923 J&J 438 May 1 1950_ M&N 4s g Park 1959 & '54_M&N 45 County Bldgs 1946 F&A 4s g Ref 1935 F&A 330 Bridge '16 to '20 A&O
Irvington 55 School 1963J&DJersey City-
5e gold Assess 1924..M&N55 Water June 1 1921_J&D55 Assess April 1916_A&O4%s Refunding 1928_J&Jb45.s School 1945 J&J45.s Water 1961____A&Ob45.(s Sch Mch 1961__M&Sb4%s Park Mch 1961_M&S45 Water 1932 A&O48 1935 J&D4s Refg 1949 ----- F&A350 Refunding 1920_J&D
Heathy 430 1936 F&A 43.s April 1962 A&O
Long Branch 55 1943- M&N48 June 1 1935 J&D
Mercer Co-45.s 1933_ J&J45 Road 1933 J&D33s April 1941 A&O
Middlesex Co 430'24-'34 J&J3%5 Bridge '22 to '31_J&J
4%5 ref 1953 op '33,_2_2___AcD&J43js Dec 16 '52 op45 Ref June '33 op '23_M&S 45 Bldg 1929 op 1919__M&N 45 Fund 1939 op 1929_M&S 45 Highway 1921-1944.. J&J Albuquerque 45.s '29 M&SBemalillo Co 65 '22 op'12 J&J58 1931 op 1921
SocorroCo5s 1941 op '21A& 0NEW YORK
4545 Highway 1963___M&S4545 Canal 1964 J&J43,18 Canal 1965 J&J 45I5 Highway 1965...... M&S45I5 Barge Canal 1945.. _J&J4s Canal Term 1942_ _J&J 48 Canal Term Jan 1946_ -45g High Imp Mch '58_ M&S4s g High Imp Sep '58 M&S48 High Imp Mch 1960_ M&S45 Canal Imp July 1960_J&J 45 Canal Imp Jan 1961_J&J 48 Canal Imp July 1961 J&J 45 Highw Imp Mar '61_ M&S45 Palisade Park 1981.... M&S 4s Canal Jan 1962 J&J 45 Highw Imp Mar '62 _Mezs48 Highw Imp Sept 1965____4$ Canal Jan 1906 35 g Jan 1 1923 J&J38 g Jan 1 1956 35 g July 1 1958
jjaJ&J
35 g Canal Jan 1 1959 J&JAlbany 65 1916 to '19_M&N4345 Water 1916-34_ WEN4548 Oct 1903 A&O45j5 Water 1932 M&N431s 1916-1954 J&D4s Park 1920 to '30 M&N45 High Sch 1917-31_ F&A334s Pub Imp 1917-24F&A
Albany Co-3343'10-25 F&A--34s Aug 1 1925-
Au4blisn_14933,66-8D19e3c76-490_38,3_1MAND
4s Water May'16-'25M&NBinghamton 45 '28&'29_F&A3 5 Bridge 1935 Fit A
Broo lyn-d-65 1924__J&J
4Oss Bridge
11992169 J&JJ&J
45 School 1920 J&J3 eg 1917 to 1937 J&J334s g July 10 1925_J&J354s gold 1927 J&J354s g July 10 1934 J&J330 gold 1936 J&J3s Bridge 1925 ----- J&J
Buffalo--/s 1924 & 1025 J&J6s Parks Jan 1 1924 J&J434s Nov 15 1933_--M&N4%5SchNov15'16-'33M&N430 June 15 1944 J&D 154545 June 15 1964_ J&D 1543Is Feb 15'62 op'32_F&A4s School Aug 1 1929 F&A45 Serial 1910 to '29_F&A48 June 15 1916-'30__J&D4s June 15 1060 J&D3345 Park Reg 1927_F&Anis Water 1916-35_M&S
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
MAR., 1916.1
Bonds
MUNICIPAL BONDS.
Bid. Ask. Bonds Bid. Aik.ToNet. Bonds Bid.
53
Ask.TiNet.
NEW YORK (Concluded)Elmira 33%5 Red '16 to'21J&J,6Erie County-
43ieRd'16-'36 tax-ex_J&J 6dFarRockaway bs '16-'21J&J Franklin Co 4%8'31-'40 M&S Fulton-3.40s '16 to '29 J&D 6Geneva-4s Water '26_A&O 6Glens Falls-43%5 ref -sewerAug 31 1917-1928____F&A b
Hayerstraw 4.120'16-'37M&S bHempstead-d-4s g 1923_J&J 6Herkimer-43%5'16-'27 M&N 6Home11svi11e-3%s '21_F&A6Hudson-4s Wat '16-'22July 643%5 High Sch '25-'32 A&O ,b
Ithaca 4.30s '27 op var_J&J,643(5 Ref Water 1942_J&J'b
Jamest'n 45 Mch 20 '43_A&O bdKings Co 4s May 1 '16-'44Kingston 33%s g '16-'36_ A&O43%s1916-1925.A&O
Gon rsland City-d43{5 1916 to 1923___M&S48 ater Sep 1 1920_M&N33%s Wat May 1 '20_ M&N
MadlsonCo43%5'17-'29 Feb 1Middleport 4.355'16-'42J&D4.35s sewer '16-139...._J&D
Nassau Co-43%5 '20-'29 J&J43(s 1938-1043 J&D33%5 Court House '30 M&S
Newburgh 43%s '17-'34 F&ANewRochelle43%5'16-22M&N45 1910-1930 M&N35(5 1916 to 1933_ J&D
New York City-6 notes Sept 1 '16_ M&S6% notes Sept 1 '17_ M&S43%5 June 1985 J&D43%s June '16-'30 J&D4 5 1963 M&S4 s (old) May 1957_ _ Al& N
43%s old) May 1917 WEN 1003%4%e new) Nov 1957 M&N
4 5 new) Nov 1917 M&N 10004 s 1960 opt 1930 M&S 1024 s 1980 M&S 1013%4 s Mch 1 1962 M& 1013%43(5 Mch 1 1964 M&S 10245 Various 1936_ M&N 983%45 Nov 1953 M&N 973%4e Various 1956 M&N 983%4s Various May '57_M&N 9854s Nov 1958 M&N4s May 1959 M&N33%s Exempt 1922 M&Nb33%s Bkiyn M Sew '27JJEJ 633%s g D'k 1927 Ex_M.I6Nb33%s g Exempt 1941_M&Nb334s Exempt 1942 M&Nb8 s R T 1048-1950 M&N,b
s g Exempt 1052 M&N'bs g Exempt 1953 M&N,I6s g Exempt 1954 M&NI
Utica-4%s '16-'35_ M&N4s 1917 to 1919 Jan33%s Nov 1 1916 to '35Nov
Warsaw Union Fr S D No 10i-- 430 1920-1942 Oct3.90 Watertown 4%s 1942_ -ht.)
3.95% 48 May 1 1938_-_--M&N3.95% 33%s Sewer '16 to '27.M&N
3.90% West Seneca bs '16-'38_A&O
4.05% Westch'rCo 330'27&'28J&D
4.05% 434s Co Bldg 1927-44 A&O
4.057 4s Co Bldgj1920-19.59.M&S4s 1930 to 1935 .F&A
4.05 43%5 San Sew '33-'82_J&J4.05
4.05 _----- White Plains-4s '16-'2g F&A
33%8 Water 1931 A&O-_-_: Wolcott4%5J1y15'16-'42.T&J
ToNet.1
Yonkers-4s '16 to '25_M&S48 Water '16 to '22 _A&O
4--- 33%s May '16 to '24__F&A3.9070 _ - NORTH CAROLINA3.90% _:- 6s Construction 1919__A&O
4s Refunding 1950 J&J3.90 45 Building 1051 J&J3.90 Asheville 5s Ref 1941 _J&J3,90 fis School 194 J&J3.90 4s April 1922------A clz 0I. Buncombe Co 5s '16-'46 J&D4 43%s Funding 1939_ M&S4 Charlotte-5s St&Sew'29.J&J
43%5 Water Mar 1935_J&J43%s Water Oct 1 '41.A&O43.0 School Oct 1 '41_J&J
3.90 43.0 July 1 1942 J&J3.90 Durham-4%sSew&Lt'41.J&J3.90 Granville Co-43%5 '39_M&N3.90 Greensboro-5s W W '30_ J&J3.90 5s Aug 1 1942_ F&A3.90 4s Water-Wks 1954 J&J3.90 GreenvIlle-5s 1037_ J&J
Iredell Co 55 Aug 1 '42_ F&ALee Co 55 Road 1952_ _ M&NLincoln Co 5s 1943&1948 MOMecklenburgCo-65'20.M&N55 Fund 1916-1936_ M&N
s 43%s 1943-1947 M&SRaleigh 65 1917-20 J&J55 1927 A&O
::: bs Munic Bldg 1939 ...J&Jbs Water Wks 1943_J&Dbs Impt June 1 1944_J&D
Rutherford Co bs '23-'52 HOWeldon (is Jan 1924-1942_Wilmington-5s F'd '22 _J&.1Ss ref & impt 1955 A&O43%s g Wat & Sew'48.A&O43%s Wat & Sew 1952_J&J45 g Ref July 1 1929__J&J
Winston-Salem-5s '24M&Sbs gen impt 1944_ J&J43%s July 1 1952 J&JNORTH DAKOTA
4s Fund'g Mar 20 '21__M&NWard Co-4s July 1925..J&JOHIO (See fool-note 5)
5Akron-55 1923___M&S5.5s '19, '20, '24.15'28 Var.5530 W W 1924_ ___ M&S*4 3%WWDec31'18-37J-D3145 W W 1942 A&O
Alliance 43%s '27-'32 J&D--- Ashland Co 55%5 Bridge
J&J4.05 J&J4.06 *5s Sew 1953 M&S4.15 Canton 55s Sew 1953_ M&S4.15 4%5 Water-Wks '30_ M&S3.85 45 '21, '22, '26 & '27_F&A3.85 Canton S D 4s '17-'18 .M&S3.85 *58 Apr 8 1954 A&083.95 Cincinnati *4 \is St '32 J&J3.95 543.0 July 1943 J&J3.95 5430 Park 1953_M&N3.95 *43%s Sewer 1955_ A&O4 45 Aug 11934 F&A3.95 4s s f 1941 opt 1921__J&J3.95 4s Sept 15 1949 M&S3.95 3.655 g Feb 1037 F&A3.90 33%s Ref 56 opt '36_M&N3.90 3 s 1938 opt 1918 F&A4 33%s Water '45 op '25F&A--- 33%s Ref 1932 opt '32 J&J--- 35 Water 1039 op '19.F&A--- Cinc S D 543%s 1934_A&O 13--- 48 1936 opt 1908_ _
4s Ref 1916 to 1926_A&O 3.95 4s 1916-1941 _ A&O 3.95 *Dayton-5s 1923-'32 _M&N 3.95 55345 W W Imp 1944.J&D 123 , 125 3.95 553 W W Imp 1945__ F&A b 4.20 4% 543%s NY W Irnp 1940 J&D
- 4s 1916 to 1918 __b 3.95 3.80 ___ *43%s Bdge 1933-1939A&O b 3.953.80% A&O 63.95 3.80% ___ Dayton SD 48 1920_ M&S b3.953.80% East Liverpool-48'40 _J&Jb3.953.80% ___ Elyria 4s 1916 to 1923_F&A 3.95 4s Water 1924 to '38_J&D __.__ 3.95 Findlay City, S. D.- *55 1916-1927 J&J 3.90 Fostoria-4s 1925_.... M&S 3.90 *5s W W Imp '17-'40M&S 3.90 Franklin Co 45 '17-'25 M&S
555 Fl-Emerg '20-'29 M&S 64.304.10% Gallipolis 4s Aug 25'20 FAA 99 101 Hamilton 53 '17 to '18_ F&A 99 101 43%5 1919 M&N 64.45 4.40% Hamilton Co *43(s '43_F&A 64.45,4.40% 45 C H J'ne '36 op '18J&D b4.45:4.40% Lakewood 430 '21-'39_A&O 64.454.4,
Lima 48 Sewer '16 to '25_A&O*Lawrence Co 5s 1934_M&S
64.45 4.40 064.454.40% 33%5 Ref '30 op '25_A&064.454.40,
_ 55s W W Ref '18-'27_ M&S___ Lorain 55 1918 to '32_ ...T&J
64.45 4.4064.45 4.40 ___ Lucas Co 4s C-H 1944_M&S
__
64.45,4.409 ___ Madisonville (In Cincinnati)b4.404.35/ ___ 5s 1932 op 1922 J&J . 64.45 4.40 0 Marietta-54%5'16-'33 J&D64.50 4.40 33%s 1931 op 1911_ _F&A 64.50,4.40 Marion 551916 to '23_ M&S 64.50 4.40 0 I
*43.0 1919-1957_ __A& 0 4.05 Youngstown Youngstown School Dist- 3.60' 543%s 1944-1947____M&S b 4.204.15% 3.60 OKLAHOMA
43%o Oct 15 1924-'33 A&015 100 4.20 4s Funding 1918-'27_ FAA 98 3.60 Ardmore-5s 1922.... ..M&N 96 4.20 Canadian Co 40 '22 '31_ F&A 93 3.60 Muskogee-430 Water-Wks 3.60 Sewer & School 1925 MAN 4.30 55 Nov 1 1924 MAN
116 118 - - bs Funding 1929_-_-M&S 3.60 5s Sewer 1938 M&S 3.60 Okla City-5s '37 op '22P&A 3.60 5s Water 1936______ M&S 4.30 bs Fund'g Oct 9 '36 A&O 9 4 5s Fire Dept 1934___J&D 4 4%s Sewer 1938_F&A 4 Okla City S D 45 1933__J& I 4 Okla Co-4o '24-'33 _ J&D 3.60 Payne Co 43%4'20 to '29A&O 3.60 OREGON 3.60 Albany 5s ref '31 op '21 A&O 3.60 Astoria 55
1953jk 100
3.60 Baker City 55 1934_ _M&DS 3.60 Clatsop Co 5s 1934.._ A&O A&O 3.60 Columbia Co 50 Road 3.60 Apr 1'19-'24-'29-1934A&0 b 4.80 4.73% 3.60 Dallas City 55 1917-'26 MAN 4.05 Eugene 58 1942 M&S 3.60 Multnomah Co 4349'32-T&D 99 3.60 55 Road 1920-1429_ MAN b 4.35 4.20 Portiand-5s g C H '22_J&J 6 4.204,10 0
6 4.15 47 55 g Bridge 1925__4A06 4.20 4.107J&J 6 4.20 4. 10% 4.05' bs Water 1923
6 4.15 4% -- , 4%s Dock 1943____MAN b 4.204.10b 4.13 49 -- 4s g Bridge 193i
45 Highway '37 op '32 J&J3.60 Altoona S D 45'16 to '35 k&O3.35 Braddock 4(o '16-'44_ MAN3.55 is 1916 to 1935__MAN3.53 )hester -334 i 1929_ _J&J3.55 48 '37 op '17 tax-extn_J&J3.55 4 Iii 1930- 33- 40...._J&J3.55 Chester S D 4%3'32-'37-'423.55 Easton-3%i 1923._ _AA°
6 4.10 6 4 6 4.051 b Basis. d Now part of New York City. f Flat price. n Nominal.*Subject to taxation By an amendment to the constitution of Ohio adopted Sept. 3 1912 bonds issued after Jan. 1 1913 by municipalities ithat State are subject to taxation. Bonds Issued prior to Jan. 1 1913 are exempt from taxation.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
54 MUNICIPAL BONDS. [VOL. 102.
Bonds1111
Bid AskToNet. Bonds Bid. Ask.
ToNet.
_
4.50, 4.30 4.30
-__1Stafford1
-
___
_ __
_________
___
___---
_ 1___
______
4.50
50
4.10 4.10 4.10, 4.10' 4.10 4.10 4.60
------
43/2 434 43/2 43/2 43/
4 434
--
Bonds B s d . AskToNet.
Easton S D 48'24 op '14 F&AErle-4s Street'210D '11J&J43is Ref 1934 op '24_J&J
Harrtsburg-4s 1920___J&J4s Aug 31 1926-'32 __M&S4s Pub Im 1917 to '36M&S
Johnstown-5s '21 op M&N43/24 Sept 1 1923____M&S4s Building 1930 opt M&S
Lackawanna Co 4s 1944 F&ALancaster-4s July'16-20 Q-J
4s Street Im '3Flop'28 A&O33/2s Sewer 1034,. __M&S
Lower Merlon Tp 4s 4%s 43/2sMcKeesport S D • 43-is'19-'43_ _ ____M&N
4s Jan 1 1938 J&J43 July 1938 J&J4s July 1939 J&J4s July 1940 J&J48 July 1941 J&J49 July 1942 J&J48 May 1 1943 J&J4s Nov 1943 J&J48 Nov 1944 J&J4s Jan 1945 J&J4s Jan 1 1946 J&J35/2s Water 1931 J&J3%s July 1932 J&J33/28 July 1 1934 J&J
Phila S D 43/2s '24-'43.J&J4s 1923-1942 J&J
Pittsburgh-4 %s'16-'50J&D48 May '25 op '10-'22M&N4s 1916 to 1927 MAN4s 1917 to 1939 Ha48 1916 to 193643/2s '16-'38 taxable_M&N334s Apr '16 to '30_ _A&O
Pittsb D 4%s '22-'37 . _J&JReading-4s '16 to '28_A&O45 1918-'23-'28 _M&S4s Apr '18 opt 1898_ A&O
Schuylkill Co 3s '21 opt_J&JScranton 43./2s '16-'41_ _F&A
48 19 i7 1937 M&S48 1920-25-30-35 A&O
Scranton S D 4s 1918-1923-'28-'33 A&O
33/2s 1916-1932 F&AUniontown 43 '28 tax-ex MA NWash'n Co 434s '21-'34 M&SWilkes-Barre33/2s'17-'29P&A
48 1917 to 1935 J&J45/2sImpSer I '22-'38 A&O43/25 1931-1940 jezj43/25 Imp 1940-1945_ _J&J
Wmsport 33/2s '29op'09M&SYork 43/2s 1924-43.. ..F&AYork Co 33/2s 1916-32_ M-N
RHODE ISLAND48 Chant. Inst 1965_ _ _ _M&S33/2s g S 11 1934 Jct.)3s State H July 1938_ _ _A&Olirtsto1-35/2sg 1930_ ._M&SE Providence isJnel5 '47 J& DJohnston 43/28 1920, 1925,
Grainger Co 5s 1940--- FAA Hamilton Co 5s 1944___A&O,b5s April 1 1935 A&01b55 April 1 1945 A&O43/2s 1941 J&D43/2s C H dr Jail '42 A&O
Knox Co 5s 1930-1945 Knoxville-6s 1917 J&J5s g Improv't 1921__A&O5s Refunding 1940__M&N43/25 Funded &c 1937.J&D43/2s Water-Wks 1949.J&J4s June 1 1929 J&D
Loudon Co Cs July '43. ..J&J Memphis 5s July 1954__ _J cir,1Cs 1018-1927 ----- &A43/2s Refunding 1926_J&J43/2s Refunding 1939_ J&J43/29 St Impt &c'46_F&A43/2s Park 1947_
. J&J
43/2s Street 1947 ____M&S43/2s 1950 J&J43/2s Park 1959 A&O48 Water 1933 MAN
Memphis S D 43(s '59_ _J&JNashville--5s Wat 1921.J&D
bs March 1933 MA'S6s 1917-1935 M&SCs Sch 1918-1945.__J&D4%s Sewer 1923 A&O43/25 Street 1935___J&J4 a Trunk Sew 1940.J&J43/2s High Sch 1940„J&J48 (Tenn C RR) '24 M&N4s Sewer 1927 J&J4s Water 1928_ ___ .__J&J
Ogden S D 48 '22 op '12_J&J Salt Lake City 4%s '24 J&J 4%s May 1 1934_ M&N Is Refund Jan 1921__J&J 43is ref 1934 MAN 4s Water '20 opt '10_A&O 48 S & W '25 opt '15_A&O
Salt Lake City 8 D 48 '30J&J4%s Feb 1 1932 FAA4%s Aug 11833 FAA
Salt L Co 4%s '26op'16 F&AVERMONT
Barre-394s'22 op 1918 J&JBennington-4s 1917_ _J&JBrattleboro-4s 1918_ _J&JBurlington-4s 1919____J&JMiddiebury44'41op'21_ Wit NMontpelier &I 19 op 04.A&O
43/2s Ref Aug 1942__P& ALee Co---5s 1917-'41___J&J Lynchburg-5s '26 opJ&Ib4.is Ref June 1 1927_J&D1b434s Pub Impt 1939__J&J,b434s Pub Impt 1946J&J1b45 Ref Oct 1934 J&J
Newport News 43/2s '48 J&D 434s Feb 1953 F&A 48 Street Nov 1 1941 MAN
Norfolk-5s Reis 1923_J&D4348 Munic Impt '42 M&Sb43/2s Renewal 1941__A&O43/2s Imp July 1940__J&J4s July 1 1932 48 Water Oct 1 1934_Aj&&016b4s Impt March 1936..M&S1b
Richmond 5s '20 to '22_J&J43/2s Pub Imp 1949___Jki45 1920 to 1930 J&J4s1938 to 1943 J&J4s 1924 J&J4s Jan 1 1926 J&J4s 1938 J&J4s 1941 J&J45 Jan 1 1942 JAJb48 1943 J&J
Roanoke 45/2s Ref 1936_J&J413 St Impt May 1940_ __4 s Pub Bldg 1941_ M&N4 s Pub Bldg 1944_M&N4s St Itnpt 1936 J&J
Co Cs 1942 J&JTazewell Co Cs 1923-46_ J&J
WASHINGTONAberdeen 5%s '22-'31_ J&D Bellingham 5s 1926_ A&O ,Ciallam Co-4%s 1921 MANClarke Co 5s '35 op '25_Jan 1Everett 5s July 15 1931...LILJ King Co-5s 1928 M&S 5s C't House '33 opt May 55 Road 1935 F&A 4%sHarb opt '22-'30Novl
, Lewis Co 5s 1923- 32___ M&S ' Pierce Co 5s ref '25op'15A& 0
4s Ref 1926 opt 1916_M&S ,PortofSeattle5s'16-'55_ M&Sb1 43is Jan 1917-1955_J&J
1916-1930J&J434s Sewer 1927 M&S43/25 Water 1931 J&J4%s Park 1931 J& D434s Light ext 1932__J&J48 Lib Oct 15 '22..A&01564s April 1 1929 A&O
'Seattle SD Nol 45/2s'24 MAN 4%s Mar '17 to '31__M&S
'Snohomish Co 5s'31op aft'21 Spokane 5%9 Fund '18_ FAA
Cs Park Dec 1 1927_ J&D 434s Bdge Const 1931 J&J 434s Water 1935___J&J 43/2s Park 1962 J&J 4s Water July 1 1925-I&J
SpokaneSDNo81 4%s'29.T&J 45-0 May 1 1931_ M&N Is Aug 1 1916-1922_F&A
Spokane Co 45 '21 op 'Wit D Stevens Co-0-6s '29 op '19 Tacoma-5s g Feb 15'20P&A 5s Refunding '16-'33 J&D 43/2s Lt & Pow 1029.. _J&J 43/2s Refdg 1931_ _A&O
Tac D No 104%s '20F &A WhatcomCo4Ms'22op'12J&J
WEST VIRGINIACharleston 434s'41 op'27J&J ClarksbgSD5s'llop'21_M&S Hancock County-5s GrantRoad Dist '46 op '32 _ M& N
Huntington Cs 1944__-- OctMartinsburg5s'43op'29 Decl Mercer Co bs '44op'24A&015 Parkersburg 4s Wat '29 June 4%5 June 1 1933__J&D
Wheeling-6s 1924 op__ Nov 5s City 1919 op 1906_July 4%8 Edge '24 op '06_July 4a Ref 1916 to 1936 _July
WISCONSINAppleton 4iis 1917-,'32.P&A Fond du Lac 4%s '16-'35Green Bay 4%s '19-'33_J&J 48 Refdg 1916 to '20 _J&J
Kenosha-33/2s'19 op '09.Iclz.1 LaCrosse 4%s '32 op '22 F&A 48 Water '31 op '21.._J&D 334s Refill; 1919 _A&O
Langiade Co 4s '16to'23JunlMadison-4s Oct 1931 A&OMarshfield 43/2s '22-'32_J&JMilwaukee-5s '16 to'17 J&J4 W W Jan '17-'32 Jct.)
_44;
s Park 1917-1935_ J&J48 laduct 1916 to '26 J&Jb334s July 1916 to '21_J&J
Milwaukee Co 4s'16-'25M&SOshkosh 45/2s 1917-34.. FAARacine 434s Ref'17230 FAA
45 School 1917-1923_ FAA 334s Sch '19 op '09_July 1
Racine Co 48 '17 to '23P AA Wausau-43/2s '18-'33 A&O
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
55
BANKS AND TRUST COMPANIES,Quotations In this department are given per share, not per cent, except for stooks of New York City, Brooklyn and
Canadian institutions, and are as near as possible for the closing day of the month preceding the date of issue, though often arenominal. An asterisk (*) denotes sales. The letter (h) prefixed to a price indicates that the figures show the book value.
Figures of deposits, capital and profits for the national banks are from the Comptroller's last call; for all other insti-tutions they are the latest obtainable, direct returns being procured by us where no periodic statements are required. Forthe Clearing-House banks of New York, Philadelphia and Boston, deposits are taken from the latest weekly statement.
Where Names are Printed in italics Fuller Returns may be Found in the Advertising Columns
ALABAMA-Nat. banks Dec. 31; State institutions latest returns
Birmingham-Amer Tr & Say Bk_Birming'm Tr & S_/First National Bankrraders' Nat Bank _Mobile-
Bk of Mobile, NBAFirst National BankMerchants' Bank-People'. Bank Montgomery-
Exchange Nat BankFirst Nat Bank__Fourth Nat Bank.._New Farley Nat 13kAlabama War CoSullivan Bk & TrCoUnion Bk & Tr Co.
banks Dec. 31; State institutions latest returns.Berkeley- Per share.
Berkeley Bk of S& T 400,000 263,0001 5,336,000 First Nat Bank- 300,000 v162,270 02,741,139
Presn o-Bank of CentralCal 200,00 108,765 553,154 Farmers' Nat Bank 300,00 367,304 2,116,077First Nat Bank _ 500,00 508,074 3,224,548Fresno Nat Bank__ 200,0001 403,689 985,637People's Say Bank_ 100,000' 158,301 1,897,242Union Nat Bank__ 150,000 143,317 1,072,843 ------
Los Angeles- • Per share.Cal Say & Corn Bk 650,000 73,969 4,319,170 100 130Citizens' Nat Bank 1,500,000 700,732 12,420,023 100 244 249Commercial Nat Bk 300,000 v182,340 v2,900,794 100 220Farmers' & MerNat 1,500,000 2,042,729 16,310,581 100 315First National Bank 1,500,000 2,504,762 23,337,555 100 630 Germ-Am Tr & S B 1.000,000 1,308,974 20,133,493 100 357 Home Say Bank. _ _Intern'l Sav & Ex B
1,000,000300,000
41,77692,520
6,141,0622,737,044
100100
137
Hibernian Sav Bk. 350,000 64,000 3,924,161 100 125 Merchants' Nat Bk 1,000,000 517,229 9,057,811 100 225 325NatBk of California 500,000 191,071 5,866,617 100 250Security Nat Bank. 300,000 261,544 3,306,297 100 Security Tr & S Bk 1,800,000 2,006,091 42,153,582 100 375 Hellman Corn T & S 750,000 271,399 6,335,609 100 205Citizens' Tr & S Bk 500,000 160,349 3,629,560 100 Los Ang Tr dr S Bk 1,500,000 1,599,340 20,628,144 100 if El National Bank
Oakland-
200.000 110,644 1,390,479 100 155
Per share.Central Say Bank__ 630,000 302,000 12,300,000 SO Central Nat Bank_ 1,000,000 t693,076 t8,008,707 Farmers' & Mer Bk 189,500 26,502 1,989,795 100 First National Bank 500,000 8140,000 83,000,000 100 Oakland Bk of Say_ 1,250,000 1,328,095 25,857,721 75 Security Bank ____ 423,500 61,055 1,986,600 20 State Savings Bank 100,000 193,991 1,115,744 100
Pasadena-First Nat Bank___ _ Z00,000 157,467 1,906,025Nat Bk of Pasaden 300,00 17,639 2,462,658Security Nat Bank_ 100,000 13,160 621,067Union Nat Bank_ _ _ 100,000 101,594 2,431,208Crown CityTr & S B 200,000 4,884 698,194Pasadena Tr & S B. 200,000 166,314 2,401,030Union Tr ds Say BkSacramento-
San BernardinoCalifornia State Bk 100,00 15,969 536,446Farmers' Exch Nat 100,000 c62,500 c610,000San Diego-
American Nat Bank 200,00 8144,094 81,556,29513k of Corn & Tr Co 500,000 300,000 3,500,000First Nat Bank..... 150,000 8308,782 82,804,747Marine Nat Bank__ 100,000 820,000 8702,176
CALIFORNIA-(Concluded.)
.Capital.
Surplus& Profits.
GrossDeposits. Par. Bid. Ask.
San Diego (Con. $ $ $ Per share.Merchants' Nat Bk 100,000 8576,967 81,721,303San Diego Say Bk_ 200,000 419,234 3,924,640 UnitedStatesNatBk 100,000 814,670 8437,180Southern Tr & S B. 350,000 89,036 2,431,999San Francisco-
tmerican Nat Bankkngio-London-Paris
1,000,000 434,624 7,780,932 100 130
National Bank__ 4,000,000 2,046,809 36,222,753 100 140w Bank of Calif, N A. 8,500,000 8,398,96245,159,140 100 191%1 Bank of Italy 1,250,000 374,244 20,474,872 100 Jolurnbus S ds LSoc 130,000 156,317 2,354,104 250 -Drucker Nat Bank_ 2,000,000 3,281,432 28,252,622 100 Don'hoe-Kelly BCo 650,000 247,000 2,272,000 100 First Arational Rank 3,000,000 1,986,292 19,802,663 100 2223( 227French-Amer Bankof Sayings 750,000 309,156 6,925,461 100
German S & L Soc. 1,000,000 2,008,962 58,840,699 1000 3800 Humboldt Say Bk_ 750,000 400,000 7,706,817 100 100 Mercantile Nat Bk_ 2,000,000 1,138,824 12,988,061 100 2173's Merchants' Nat Bk 1,500.000 258,637 5,118,121 100 Mission Say Bank. 225,000 21,341 2,178,639 100 Mutual Say Bank _ 600,000 443,179 9,108,294 60 80 Say Un Bk & Tr Co 1.500,000 2,168,560 36,695,674 100 236 238Seaboard Nat Bank 500,000 203,472 1,717,709 100 Security Say Bank_ 500.000 428,130 3,936,509 250 345 Wells Far Nev Nat 6,000,000 5,441,960 37,416,391 100 175 Anglo-Calif Tr Co_ 1,500,0301 466,866 12,206,320 100 105 110First Federal Tr Co 1,500,000; 417,777 6,042,246 50 Union Trust Co.... 1.200,000 1,815,878 27,365,676 800 2200 San Jose- , Per share.
Bank of San Jose_ 300,000 285,029 2,958,869 100 First National Bank 300,000 290,271 3,810,763 100 San Jose S Den Bk 300.000 740,427 4,430,523 30 Security Say Bank. 100,000 90,339 1,447,564Security State Bank 100,000 84,720 537,375Gard C Ilk & Tr Co 300,000 330,840 2,627,004 100 Stockton-
Cornin'i & Say Bk_ 300,000 216,371 2,951,665First Nat Bank.... 200,000 v344,862 v1,105.126San ioaquin Val Bk 250,000 25,000 2,826,030 Stockton Say Bank 400.000 105.245 1.541.730 ____ ------ __--
CANADA-See last page.
COLORADO-Nat banks Dec. 31; State institutions latest returns.Colorado Spgs- Per share.
:.3olorado Say Bank 50,000 121,507 1,089,078 100 Dolorado Spgs N B 100,000 90,771 697,766 100 El Paso Nat Bank. 200,000 238,969 1,319,495 100 Exchange Nat Bk... . 300,000 205,824 4,292,876 100 First National Bank 200,000 501,907 2,867,043 100 Dolo Title & Tr Co_Denver-
300.000 87,238 1,258,298 100 Per share.
Dentral S Bk & Tr. 300,000 63,272 4,308,259 i On Dity Bank & Tr Co 100.000 5,982 537,633 100 Dolorado Nat Bank 500,000 1,507,886 18,778,488 too Denver Nat Bank_ 1,000,000 1,301,038 14,547,786 100 4 Denver Stk Yds Bk 100,000 105,000 1.212,000 100 Pirst National Bank 1,250,000 275,037 20,219,229 inn Hamilton Nat Bank 250,000 51,319 2,598,624 100 JS National Bank_ 400,000 445,527 7,598,368 toy 3erman-Am Tr Co_ 500,000 178,539 4,960,850 t no ' Hibernia Bk&Tr Co 100,000 6,619 777,397 100 nternational Tr Co 350,000 665,174 9,703,298 104, :nterstate Trust CoLeadville-
CONNECTICUT-Nat. banks Dec. 31; State institutions Dec. 31.
1Bridgeport- Per share
City National Bank 250,000 516,294 4,170,569 ilk 220 Connecticut Nat Bk 332,100, 391,362 3,012,461 100 197 First Bridgep_ort N B 1,000,001) 1,012,139 6,790,242 100 183 Bridgeport Tr Co. 500,000; 290,423 9,975,738 100 170 Amer Bk & TrCo_ 100,0001 31,390 1,312,401 100 100
Hartford-' 1Per share.
Am Indus'l B & TCo 100,000 106,364 985,223 100 City Bk ds Tr Co 440,000 144,431 1,875,716 100 131 Conn River Bict; Co 150,000; v326,512 v2,854,590 30 140 First National Bank 650,000; 563,224 5,242,729 100 198 Hartford-Aetna N B 2,000,000 1,954,880 12,602,024 100 198 National Ex Bank 500,000 412,082 3,100,866 50 85 Phoenix Nat Bank 1,000,000 745,809 12,555,470 100 200 State Bank & Tr Co 400,000 491,944 5,754,794 100 300 United States Bank 100,000 322,462 2,347,771 100 500 Conn Tr & S D Co_ 750,000 840,914 7,224,312 100 375 Fidelity Trust Co_ 100.000 137,184 1,310,837 100 300 Hartford Trust Co_ 500,000 592,749 4,661,861 100 415 430Riverside Trust Co 150,000 135,202 1,061.742 Inc 220 230Security Tr Co 200,000 237,871 2.469,444 100 300
New Haven- Per share.City Bank of N H.Merged in New Hayen Bk N B AFirst National Bank 500,000 449,924 2,346,127 100 180 Mechanics' Bank__ 300,000 369,917 2,433,598 60 120Merchants' Nat Bk 350,000 309,690 2,725,828 50 69 New Hay Bk N BA 1,200,000 1,341,119 5,226,641 100 200 205Nat Tradesm's Bk. 300.000 492,470 1,735,952 100 190 N H Co Nat Bank_ Merged in New Hay en Bk N B APeople's Bk & TrCo 272.300 144,363 2,073,658 100 115 135Second Nat Bank_ 750,000 790,691 2,455,764 100 193 Yale National Bank 500.000 429,355 3,019,793 100 141% Un & N Hay Tr Co 650.0001 568,476 2,988,881 100 190
• Sale price. a Capital paid in; authorized amount is larger. b 'rhis is capital paid In; authorized amount is larger; when full paid, par valuewill also be increased. k Capital is to be increased. s Ex-dividend. h Ex-rights. o Figures are of date March 4 1915 8 Sept. 2 1915. t June 23.1915 • Nov. 101915. eMay 19 1915. d Dec. 301915. n May 1 1915
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
56 BANKS AND TRUST COMPANIES [VOL. 102.
Where Names are Printed In italics Puller Returns may be Pound in the Advertising Columns
CONNECTICUT-(Concluded.)
Capital.Surplus& Profits.
GrossDeposits. Par. Bid. Ask.
Norwich- $ $I $ Per share.First National Bank In hand s of receiv orMerchants' Nat Bk 100,000 35,427 286,019 100 105
ILLINOIS-Nat. banks Dec. 31 (close of business); State institutionsJan. 25 (opening 0/ business).
Capital.Surplus
cfc Profits.Gross
Deposits. Par. Bid. Ask.
Aurora- Nom inal.Aurora Nat Bank.._ 100,000 264,599 1,465,422 100 400 450First Nat Bank____ 100,000 168,791 1,715,973 100 275 300German-Am Nat Bk 100,000 152,019 1,360,496 100 275 300Merchants Nat Bk_ 100,000 164,544 1,065,147 100 275 300Old Second Nat Bk 200,000 101,094 931,064 100 110 125Aurora Tr & Say Bk 100,000 v8,495 v134,844 100
Chicago- Per share.Aetna State Bank.._ 200,000 v26,097 v598,684 110 116Amer State Bank_ _ 400,000 v167,660 v1,968,770 100 190 197Atlas Exch Nat Bk 200,000, 300,000Austin State Bank.. 200,000' 49,392 2,404,059 100 210 Calumet Nat Bank 100,000 70,867 1,108,553 100 205 Capital State SayBk 200,000 29,096 550,189 100 108 110Central Mfg Dis Bk 250,00064,984 1,463,694 100 152 156Cont & Corn Nat Bk_ 21,500,00011,472,686 204507924 100 268 270Corn Exch Nat Bk__ 3,000,000 6,886,800 79,659,693 100 427 430DepositorsSt&SBk_ 300,000 v80,894 v812,419 121 123Drexel State Bank_ 350,000 161,343 3,072,864 100 194 197Drovers Nat Bank 750,000 353,144 9,828,618 100 220 230Englewood State Bk 200,000 v44,223 v1,490,749 100 163 168First National Bank 10,000,00012,350,211 154879620 100 476 478First Nat Englew'd 150,000 1271,394 13,781,913 100 340 345Foreman Bros Bg Co 1,000,000 532,804 14,324,084 100 Ft Dearborn N Bk_ 2,000,000 825,509 34,166,066 100 225 235Garfield Pk St S Bk 200,000 51,267 1,204,060 131 135Halsted St State Bk 200,000 36,137 698,879 100 127 130Hibernian Bkg Assn 2,000,000 1,397,737 27,343,436 100 Hyde P'k State Bk_ 200,000 v65,360 v1,057,580 100 138 140Kaspar State Bank 400,000 v292,767 v4,729,427 100 290 300Lake View State Bk 200,000 v6,029 v914,923 100 105 108Lawndale State 13k 200,000 v85,990 v1,235,954 100 260 265Lincoln State Bank 200,000 v21,467 v496,852 100 100Live Stk Ex Nat Bk_ 1,250,000 581,890 13,270,742 100 223 230Mach & Trad St Bk 200,000 v71,0021 v1,066,441 100 126 129Nat Bk of Republic._ 2,000,000 1,285,910 25 484,483 100 160 165National City Bank 2,000,000 880,144 31,573,916 100 156 158Nat Produce Bank_ 300,000 /78,277 12,445,797 100 167 171North Ave State Bk 200,000 75,831 2,496,919 100 100 110NoSideStateSayBk 200,000 v22,160 v1,235,301 100 125 128North West State.... 300,000 v78,097 v1,682,226 100 158 161Ogden Ave State Bk 200,000 v8,769 v420,857 100 People's Stock Y'ds
State 500,000 225,717 5,172,432 100 290 300PioneerStateSay Bk 200,000 v38,594 v533,148 100 109 112Roseland State S Bk 200,000 v58,860 v860,018 100 Second Security Bk 200,000 v67,477 v1,242,488 100 Security Bank 400,000 v228,007 v3,273,395 100 250 255So Chicago Say Bk_ 300,000 177,000 2,655,474 100 220 225South Side State_ _ _ 200,000 41,971 1,946,393 100 138 143State Bk of Chicago 1,500,000 3,441,107 27,834,954 100 397 399Stock Yds Say Bk_ 250,000 292,356 3,833,121 100 400 425Union Bank of Chic 600,000 v157,819 v2,331,221 100 145 150WashingtonPkNBk 100,000 e37,664 (31,953,269 100 250 West Englewood-Ashland State Bk 250,000 v56,071 v 1,020,870 100 151 155
West Town State Bk 200,000 43,356 764,464 116 120Central Tr Co of Ill 4,500,000 1,453,886 45,318,010 100 204 208Chic City Bk&TrCo 500,000, v503,500 v3,281,614 100 250 260ChtcagoSBk&TrCo 1,000,0001 264,137 7,888,101 100 140 142Chic Title & Tr Co_ 5,600,000h3,587,598 100 Cont &Com T & S B 3,000,000, 1,912,097 31,619,782 100 Drovers Tr & Say Bk 250,000, v259,444 v3,911,100 100 310 First Tr & Say Bk_ 8,000,000; 5,404,473 69,267,993 100 Ft Dearb Tr & S Bk 500,0001 v153,669 v3,832,997 100 Franklin Tr & By Bk 300,0001 171,219 1,469,003 100 157 100Greenebaum Sons'Bank & Trust Co 1,500,000 551,791 5,821,381 100
Guarantee Tr & Say 200,000 v76,291 v545,090 100 139 142Harris Tr & Say Bk 1,500,000 3,122,369 27,094,991 100 580 625Home Bk & Tr Co_ 300.000 v94,634 v1,767,710 100 179 182Illinois Tr & Say Bk 8,000,00011,011,597 108473061 100 z184 487Kenw'd Tr & Say Bk 200,000 160,301 2,210,181 100 180 184Lakeview T & S Bk 400,000 v142,402 v2,475,485 100 182 185Liberty Tr & S Bk_ 250,000 50,234 1,246,056 100 153 158Lincoln Tr&SavB _ 200,000 v32,176 v286,539 120 125Market Tr & Say__ 200,000 v36,529 v449,698 100 90 100Mercantile Tr dr Say 250,000 v67,549 v1,729,586 100 150 154Merchants L & Tr Co 3,000,000 7,941,049 75,063,315 100 438 441Michigan Av Tr Co 200,000 v75,277 v1,470,803 100 100 110Mid-City Tr & S Bk 500,000 161,007 3,083,681 100 190 195Northern Tr Co Bk 1,500,000 2,753,868 34,164,205 100 268 272Northwn Tr & S Bk 300,000 160,140 5,010,100 100 275 285People's Tr & Say Bk 500,000 273,467 8,571,681 100 280 285PullmanTr&SayBk 300,000 v335,966 v3,894,852 100 200 Sheridan Tr Say Bk 200,000 59,170 1,949,196 100 168 171Sou West Tr & Say 200,000 v31,233 v753,665 100 125 127Stand'rdTr&SavBk 1,000,000 457,914 6,286,609 100 157 159Stockmen's Tr S Bk 200,000 v78,239 v1,168,268 100 150 160Union Trust Co.. 1,500,000 1,573,494 30,979,941 100 W Side Tr & Say Bk 400,000 153,811 4,721,461 100 300 325Woodi'n Tat Say Bk 200,000 152,969 2,011,100 100 215 220
Elgin- Per share.Elgin Nat Bank__ 100,000 s20,000 8567,000 100 First Nat Bank____ 200,000 138,467 886,713 100 Home Nat Bank..__ 150,000 180,592 974,962 100 Union Nat Bank___ 100,000 n25,000 n450,000 100 Elgin City B'k'g Co 100,000 v189,509 v1,476,380Home Tr & Say Bk 100,000 v84,971 v948,196 100
Peoria-Central Nat Bank 300,000 273,376 2,728,440 100 Com'l Ger Nat Bk 750,000 942,123 5,243,91:3 100 Dime Say & Tr Co.. 250,000 v183,665 v1,898,828First Nat Bank____ 550,000 505,022 3,936,026 100 Home Say & State 120,000 v183,869 v1,710,007 100 Illinois Nat Bank.... Merged in Merchants& Ill Nat Bk.State Tr & Say Bk 200,000 v64,402 v991,499Merchants & Ill N B 500,000 226,567 3,722,632 100 First Tr & Say Bk 150,000 v282,869 v2,260,176 100
Qicincy-Illinois State Bank 300,000 v22,724 v1,083,315Quincy Nat Bank.._ 100,000 87,747 1,094,719 100 Ricker Nat Bank_ 500,000 1402,167 /4,536,594Mercantile Tr & 8 B 200,000 v90,112 v1,002,004State Say L & Tr Co 1,000,000 v515,790 v5,242,503
• Sale price. a Capital and surplus to be increased. b Capital to be increased. a Capital paid in; authorized amount is larger. al Exdivl -dend. y New stock. o These figures date Nov. 11 1913. dJune 23 1915. • Sept. 2 1915. i Last sale. n July 29 1915. s Feb 23 1916.
h Dec. 311915. r Dec. 311918. t Nov. 10 1915.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
MAR,. 1916 BANKS AND TRUST COMPANIES. 57
Where Names are Printed in italics Puller Returns may be Found In the Advertising Columns
ILLINOIS-Nat. banks Dec. 31; (close of business); State institutionsJan. 25 (opening of business).
Capital.
Rockford-Forest City Nat 13kManufrs Nat BankPeoples Bk & Tr CoRockford Nat BankSwedish Am Nat BkThird Nat Bank_ _ _Winnebago Nat Bk
Springfield-Farmers' Nat BankFirst National BankIllinois Nat Bank_ _Ridgely Nat Bank_Sp'gfield Marine BkState Nat Bank__FirstT&SB ,Springf. .Sangamon L&Tr Co
IOWA-Nat. banks Dec. 31; State institutions latest returns.
Burlington-Burlington Say Bk_First National BankGerm-Amer Say BkIowa State Say Bk_Merchants' Nat BkNational State Bk_Cedar Rapids-
Ced Rapids Nat ElkCod Rapids Say BkIowa State Say Bk_Merchants' Nat BkPeople's Say Bank_Security Say Bank_Amer Tr Sc Say Bk..Council Bluffs-
City National BankCommercial Nat BkConn Bluff Say Bk_First National BankState Sayings BankDavenport-
Davenport Say Bk..Farm & Mech Say_First National BankGerman Say Bank..Iowa Nat Bank_ _ _ _Security Say Bank..Scott Co Say Bank_Union Sayings Bk_Citizens' Tr Sc S BkDes Moines-
Cap City State Bk_Central State BankCentury Say Bank..Citizens' Nat BankCommercial Say BkDes Moines Nat BkDes Moines Say BkHome Sayings BankIowa Tr Sc Say Bk_Iowa National BankIowa State Bank__Mechanics' Say BkPeople's Say Bank_State Savings BankUniversity State BkValley Nat Bank__Valley Say Bank__Iowa Loan Sc Tr CoDu bu quo-
Citizens' State Ilk_Dubuque Nat BankDubuque Say BankFirst National Bk_German Say Bank_German Tr Sc S Bk_Iowa Tr Sc Say Bk_Second Nat Bank__
Bank of Topeka__ 310,000 235,791 2,719,428 100 Central Nat Bank_ 200,000 103,699 2,490,264 100 Farmers' Nat Bank 100,000 27,440 497,388 100 Merchants' Nat Bk 100,000 105,139 1,762,956 100 Shawnee State Bk_ 60,000 35,107 691,297 100 State Say Bank__ 100,000 68,997 1,403,714 100 Prudential Trust Co 100,000' 67,700 590,000 100
KENTUCKY-Nat banks Dec. 31; State institutions latest returnsCovington- Per share.
Citizens' Nat Bank 200,000 v167,440 v 1,340,631 100 175 First National Bank 600,000 v180,033 v2,543,838 100 140 150German Nat Bank_ 350,000 v127,559 v 1,279,132 100 125 135Covington S B Jr Tr 100,000 45,007 634,066 100 141 People'a S Ilk & Tr_ 100,000 31,870 568,384 100 115Lexington- Per share.
Louisville- Perahare.Amer-Southern N B 800,000 v70,922 v6,484,119 100 1273,I 130Citizens' Nat Bank 500,000 640,374 4,420,943 100 280 325First National Bank 500,000 v186,576 02,024,782 100 German Bank 250,000 593,974 4,328,147 100 350 Germ Insurance Bk 250,000 550,124 5,112,211 50 150,165German Secur Bank 179,000 187,910 1,091,734 100 195 1200Kent Tit S B& T Co 350,000 71,443 1,084,317 100 100 Lincoln Say Bank.. 350,000 38,132 785,886 100 85 88Loulsy Nat Bkg Co 250,000 125,823 1,988,409 100 130Nat Bk of Comm 800,000 v016,159!o 5,948,307 100 260 Nat Bk of Kentucky 1,645,000 v 1,592,874 v 5,875,967 100 218Southern Nat Bank 500,000 Consolidat d with Am en N at Ban kStock Yards Bank_ 100,000 71,749 612,461 100 175 200Union Nat Bank__ 500,000 v577,912 v5,570,162 100 265 300Fidelity & Colum Tr 2,000,000 740,027 3,106,287 100 227 230Louisville Trust Co 806,100 234,233 1,609,372 100 152 155United States Tr Co 350,000 109,866 819,489 100 122 125Newport- Per share.
German Nat Bank.. 100,000 0100,263, v746,363 100 170 175Newport Nat Bank 100,000 v93,4071 v566,552 100 200 t
LOUISIANA-Nat banks Dec. 31; State institutions latest returnsNew Orleans- Per share.
Bank of Orleans__ 100,000 94,571 1,803,824 100 250 canal Bk Sc Tr Co_ 2,000,000 600,172 15,151,667 100 186:31t1zens'Bk&TrCo 400,000 167,997 2,560,465 100 1283/i city Bank Sc Tr Co 150,000 80,316 2,141,461 100 139 L'ommercial Nat Bk 300,000 618,492 5,620,496 100 410 Llommercial Germ ITrust Sc Say Bk_ 1,250,000 885,739 11,731,463 100 224
rut-State Tr & I3Co 750,000 510,749 6,024,196 100 200 VIetropolitan Bank 400,000 223,576 2,398,146 100 140 150libernia Nat Bank 400,000 c80,710c 1,116,201Vew Orleans N Bk_ 1,000,000 688,086 6,101,614 100 180 J S S Dp & Say Bk 100,000 154,460 1,441,859 100 180 Whitney-Cent N B.... 2,500,000 1,600,000 19,222,419 100 222 Jibernia Bk&Tr Co 1,500,000 2,123,192 19,292,879 100 328 332Whitney-Cent Tr ScSayings Bank__ 200,000 326,126 6,345,126Shreveport- 1 Per share.
k.merican 131(416T Co 100,000 23,268 275,093 100 rnerican Nat Bank 150,000 €35,922 e641,426 100 Jommercial Nat Bk 500,000 551,607 5,727,620 100 rirst National Bank 500,000 v254,919 v2,580,263 100 i'irst Say B Sc Tr Co 100,000 69,747 807,889 100 3onting B & Tr Co 300,000 42,000 1,250,000 125 led 1/1v Va1 TA k• T 150 nro , , 425,000 10
6 AINE-Nat. banks Dec. 31; State Institutions latest returns.Uttligut - Per share.
rirst National Bank 400,000 366,030 1,519,240 100 150vferchants' Nat Bk 100,000 269,564 825,299 100 300 lecond Nat Bank 150,000 490,266 744,817 100 315iIasternTr& I3kg Co 175,000 595,000 5,000,000 100 335 345Cenduskeag Tr Co_ 100,000 124,913 1,212,648 100 ___ ___ 160ilerrill Trust Co__ 200,000 277,740 2,322,690 100 225 Portland- Per share.
'Jana! Nat Bank__ 600,000 v117,689 v2,702,660 100 105 107lhapman Nat Bank 100,000 v37,674 01,780,982 100 105 107irst National Bank 600,000 v191,409 o3,860,734 100 119 121)(inland Nat Bank 300,000 v170,317 v7,868,474 100 180 185lielity Trust Co__ 400,000 548,767 10,429,467 100 205 207:asco-Mere'ntlie Tr 500,000 200,000 7,863,000Jnion S D & Tr Co 250,000 305,947 719,352 100 180 190
MARYLAND-Nat banks Dec. 31; State institutions latest returns.Baltimore- Per share
Balt Commer'l Bk 281,500 61,431 874,807Calvert Bank 100,000 75,487 2,606,633 50 70Canton Nat Bank.. 100,000 25,000 950,000 105 100 Citizens' Nat Bank 1,000,000 2,157,192 13,234,647 10 42M 43MCommonwIth Bank 200,000 140,737, 3,025,071 50 90 Droy & Mechanic.3'Nat Bank 600,000 476,063, 7,395,992 10Q, 200 220
Farm Sc Mer N Bk_ 650,000 281,416; 3,574,600 40 45% 46 MFirst National Bank 1,000,000 369,109 7,687,254 100 139 141German-Amer Bank 300,000 158,910 1,473,353 100 108 German Bk of Bait 400,000 258,3071 1,536,420 100 120 Mercantile Bank_ _ 100,000 104,640, 1,265,360 25 45 Merch-Mech Nat__ 2,000,000 1,858,432 19,451,663 10 28 29Nat Bank of Baltim 1,210,700 398,163 7,497,329 100 156 Nat Bank of Comm 500,000 590,691! 7,621,152 15 33 34Nat Exchange Bank 1,500,000 856,906' 5,612,258 100 148 152
*Sale price. a Capital and surpl is to be Increased. b Capital to be increased. x Ex-dividend. c Figures date June 23 1915.n Nov. 11 1915. rApril 30 1915. s Oct. 28 1915. t Includes debentures. o Nov. 10 1915. d This is amount paid in on shares, par value$100; we quote per share, not per cent. y Last sale. e Sept. 2, 1915.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
58 BANKS AND TRUST COMPANIES [VOL. 102.
Where Names are Printed in Italics Puller Returns may be Pound in the Advertising Columns.
MARYLAND-(Continued.
Capital.SurplusProfits.
GrossDeposits. Par Bid. Ask.
Bait. (Con.)- $ $ $ Per share.Nat Marine Bank_ 400,000 197,622 2,780,516 30 39 41Nat Un Bk of Md._ 1,000,000 661,S34 2,918,962 100 133 139Old Town Nat Bk. 250,000 s133,691 v1,656,901 10 13 Second Nat Bank.... 500,000 1,067,000 1,282,103 100 200 State Bk of Mary'd 600,000 176,717 2,731,720 25 28Western Nat Bank.. 500,000 552,879 3,511,123 20 36 Baltimore Trust Co 1,000,000 2,083,097 5,884,479 50 145 155Colonial Trust Co_ 300,000 67.874 1,136,105 25 28 Continental Tr Co 1,350,000 1,591,250 8,844,048 100 165 185Fidelity Trust Co_ 1,000,000 1,252,172 11,582,029 100 300M'dI'd Tr Co 1,000,000 274,480 3,271,888 100 111 115Mere Tr &
Frederick- Per share.Citizens' Nat Bank 100,000 421,993 3,759,098 100 500 Far & Mech Nat Bk 125,000 163,161 1,582,271 25 38 Franklin Say Bank_ 90,000 45,957 565,350 100 115 Fred'k Co Nat Bk_ 150,000 79,559 828,640 1G 21 Fr'k Town Say Inst k150,000 133,667 1,505,703 ion 170 Central Trust Co__ 200,000 213,472 1,257,693 100 100
MASSACHUSETTS-Nat.bks.(exc.Boaton) Dec. 31; State inst. latest reens.
Boston-Boylston Nat BankCommercial Nat BkFirst National BankFirst Ward Nat BkFourth-Atlantic
Deposits of700,000250,000
5,000,000Merged in
banks da360,107267,471
11,864,244Metropolitan
le Feb. 263,995,0002,233,000114 038000
Tr Co
1916100100100
Per125165 425
share.130
427%
Nat Bank 1,500,000 1,579,408 18,581,000 100 205 215Hyde Park Nat Bk_ 100,000 85,069 4704,741 100 Merchants' Nat Bk 3.000,000 3,271,541 63,221,000 100 290 293Mutual Nat Bank. Merged in Metropolitan Tr CoNat Rock Bk of Rox 300,000 026,689 43,958,881 100 275 300Nat Security Bank_ 250,000 1,000,000 2,001,000 100 400 425Nat Shawmut Bank 10,000,000 7,393,438 129127 000 100 195 197Nat Union Bank_ _ _ 1,000,000 1,214,683 11,684,000 100 195 200Old Boston Nat Bk 900,000 366,437 2,583,000 100 130 135People's Nat, Roxb 300,000 296,829 h2,876,058 100 140 145Second Nat Bank _ _ 2,000,000 3,428,904 32,735,000 100 310 315Web&Atias N't Bk 1,000,000 1,322,170 6,861,000 100 210 215American Trust Co 1,000,000 2,382,688 20,000,775 100 365 370Beacon Trust Co.._ 600,000 997,514 11,847,338 100 250 275Boston S Dep & Tr 1,000,000 3,095,894 13,879,013 100 Charlestown Tr Co 200,000 34,957 d1,446,918 100 Columbia Trust Co 100,000 54,096 846,660 100 Comm'w'Ith Tr Co_ 1,000,000 717,007 21,330,726 100 175 180CosmopPn Tr Co.. 200,000 121,230 2,717,251 100 Dorchester TrCo_ 200,000 95,000 3,405 000 100 Exchange Trust Co 600,000 434,169 5,008,741 100 150 160Federal Trust Co.. 1.000,000, 406,107 8,250,760 100 125 135Fidelity Trust Co_ _ 750,000 208,863 2,593,826 100 International Tr Co 1,000,000 1,126,939 13,530,307 100 Liberty Trust Co__ 200,000 309,478 3,445,482 100 256 260Market Trust Co.. 250,00 227,387 d1,651,651 100 140 150Massachus'ts Tr Co 500,000 303,455 4,199,354 100 Mattapan D&T Co 100,00 153,711 1,452,625 100 200 Metropolitan Tr Co 300,00(Y 312,044 3,585,676New Eng Trust Co_ 1,000,000 3,100,619 23,444,360 100 Old Colony Tr Co_ _ 6,000,000 0,319,407 114180 968 100 250 255Old South Tr CO.. _ _ 200,00 100,963 849,804 100 110 120Prudential Tr. Co_ 200,000 61,599 d435,488 100 Puritan Trust Co_ _ 200,000 206,170 2,767,496 100 State St Trust Co_ _ 1,000,000 1,701,574 22,355,242 100 Tremont Tr. Co .-- 200,000 50,186 1,036,346 100 U S Trust Co 300,000 1,520,607 8,989,664 100
Beverly- Per share.Beverly Nat Bank_ 300,000 204,744 1,202,830 100 *150
Brockton- Per share.Brockton Nat Bank 300,000 205,140 2,666,514 100 150Home Nat Bank_ 500,000 342,897 0,193,576 100 140Plym'th Co S D & T 100,000 42,742 2,273,591 100 125
Cambridge- Per share.Cambridge Tr Co.. 100,000 184,207 2,568,776 100 Central Trust Co_ 200,000 339,464 4,844,557 100 Charles Riv. Tr. Co 200,000 203,522 1,728,717 100 Harvard Trust Co. 200,000 267,841 2,393,422 100
B. Cambridge- Per share.Lechmere Nat Bank 100,000 v 126,772 5757,033 100
Pall River- Per share.Fall Riv Nat Bank_ 400,000 306,464 2,190,065 100 130First National Bk__ 400,000 463,993 1,277,012 100 200 M ass-Pocasset Nat 650,000 467,440 2,581,935 100 157 % Metaeomet Nat Bk 750,000 340,135 1,509,191 100 118 Durfee S Dep dc Tr. 400,000 503,379 2,546,549 100 200
Gloucester-Cape Ann Nat Bk. 150,000 v[32,657 v 1,113,406 100 Cape Ann Say Bk 333,009 2.950,750Gloucester Nat Bk. 100,000 v115,385 v827,308 100 Glou S D & Tr Co.. 200,0001 356,847 3,931,205
Haverhill- Per share.Essex Nat Bank.. 100.0001 115,381 1,268,307 100 First National Bk_ 200,0001 282,404 1,823,816 100 Haverhill Nat Bk 200,0001 393,274 1,713,074 100 Merchants' Nat Bk 200,00 186,948 1,302,733 100 Merrimack Nat Bk 240,00 283,483 1,176,823 100 Haverhill Trust C, 200,04 76,574 1,827,618 100
Lawrence- Per share.Bay State Nat Bk_ 375,000 151,947 1,084,844 100 175 Arlington Trust Co 200,000 57,821 d1,005,451 100 125 Lawrence Trust Co 100,000 47,526 d2,023,454 100 125 Merchants' Tr Co 300,000 168,079 3,373,767 100 150
Lowell- Per share.Appleton Nat Bank 300,000 226,170 1,199,998 100 103 105Old Lowell Nat Bk. 200,000 77,819 1,156,817 100 100 101Union Nat Bank__ 350,000 434,266 2,767,965 100 192 195Wamesit Nat Bank 250,000 117,626 305,485 100 05 100Lowell Trust Co__ _ 237,700 85,867 1,580,000 100 95 100Midisex S D & T Co 100,000 52,633 d584,247 100 98 100
Lynn- Per share.Central Nat Bank_ 200,000 364,652 2,887,741 100 230 Lynn National Bk_ Absorbed by Lynn Safe Dep & i CoManufac'rs Nat Bk 200,000 125,279 2,226,370 100 140
.
National City Bk__ 200,000 n168,782 n2,320,000 100 150 Essex Trust Co_
- --250,000 352,922 2,183,323 100 220
Lynn S Dep & TCo 100,000 263,460 3,480,025 100 300 Security Trust Co_ 200,000 303,444 4,024,820 100 200
New Bedford- Per share.First National Bk__ 1,000,000 892,290 1,299,700 100 1473's Mechanics' Nat Bk 600,000 708,428 1,933,209 100 164 Merchants' Nat Bk 1,000,000 1,292,707 2,006,050 100 201N Bed S D & Tr Co 200,000 262,804 1,932,824 100 255 275
MICHIGAN-Nat. banks Dec. 31; State institutions Dec. 31.
Bay City- Per share.Bay City Bank__ 250,000 v302,555 v 2,394,701 100 175 185People's Commer-
cial & Say Bank.. 300,000 s281,436 83,432,914 100 200 225
Detroit- Per share.tmer State Bank 250,000 58,837 3,786,218 100 171 Dentral Say Bank_ 500,000 170,841 7,878,175 100
250__-
Detroit Say Bank.... 750,000 1,148,281 13,466,071 10)- 290Dime Says Bank... 1,000,000 1,027,082 22,879,147 100 275First & Old Nat Bk_ 5,000,000 2,702,2131 47,600,767 100 192 _-Darman-Amer Bk_ 500,000 137,909 5,361,167 100 .... _ _ _ 192Federal State Bank 250,000 74,590 1,195,603 100 117 Merchants' Nat Bk 1,000,001 342,841 6,206,491 100 171 Michigan Say Bank Consolldated with Wayne Co 11 ow) Say Bk _ _Slat 13k of Com'ce. 1,000,000 803,027 15,812,586 1011 209 218Did Detroit Nat Bk Merged In First & Old Nat BankPeninsular State Bk 1,000,001 731,321 16,937,213 100 295People's State Bank.. 2,500,000 3,532,101 51,616,349 MO 270 277United Savings Bk 500,000 145,787 5,439,126 100 230 Wayne CoHoSayBk 2,500.000 3,397,299 36,655,150 100 347 Detroit Trust Co__ .1,000,000 1,987,64703,950,804 100 400Security Trust Co_ 500,000 856,474 93,655,495 100 217 247Union Trust Co.. 1.000,000 650,009 94,268,312 WO 181
Grand Rapids- Per share.City Tr & Say Bank 200,000 93,297 1,494,007 i 00 Com'cial Say Bank 200,000 106,263 2,238,490 100 220 Fourth Nat Bank__ 300,000 292,916 3,579,947 100 220 Dr Rap Nat C'y Bk 1,000,000 485,392 7,083,056 100 165 Dr Rapids Say Bk_ 250,000 163,700 4,735,777 100 230 Kent State Bank__ 500,000 508,465 7,615,097 100 250 Old National Bank_ 800,000 976,340 7,594,189 100 190 People's Say Bank_ 100.000 132,290 1,056,880 100 250 Grand Rapids TrCo 300,000 163,889 9208,931 100 150 Michigan Trust Co 200,000 703,291 9867,365 100 750
Saginaw- Per share.Bank of Saginaw__ 500,000 885,873 0,061,508 100 350 360Commercial Nat Bk 100,000 103,446 948,903 101 230 _ German-Am St Bk_ 100,000 60,264 1,366,089 101 200 225People's Say Bank 100,000 112,521 1,128,463 101 200 second Nat Bank_ 500.000 631,487 5,413,861 10 235
• Sale price. a Capital to be increased. h Neff stock. 41 Includes savings deposits. e Capital paid in; authorized amount Is larger. k Thisis the so-called "weekly deposits." now forming capital oq which dividends are paid. x Ex-dividend. 1 Last sale. a Oct. 28 1915 ,Nov. 10 19151 June 23 1915 h Dec 31 1915 o Includes trust deposits. o June 1 1914. a Sept. 2 1915.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
MAR., 1916.] BANKS AND TRUST COMPANIES 59Where Names are Printed In Italics Puller Returns may be Pound In the Advertising Columns.
MINNESOTA-Nat. banks Dec. 31; State institutions latest returns.
Duluth- $ $ I $ Per share Amer Each Nat Bk 500,00 1,964,627,10,056,295 100 460 City Nat Bank__ 500,00 309,6471 3,537,132 100 125 First National Bank 500,00 2,283,500 13,692,444 100 520 Northern Nat Bank 250,00 137,847 2,360,390 100 130
Minneapolis- Per share.East Side State Bk.. 100,000 37,268 842,883 100 125 135First ct Scour Nat Bk 5,000,000 4,711,176 64,910,114 100 267 270German-Am Bank- 200,000 225,706 3,263,364 100 250 Hennepin Co Say B 250,000 283,759, 6,200,843 100 250 Merch&Man St Bk 100,000 52,829 987,549 100 145 150Metrop Nat Bank_ 300,000 81,386 1,648,090 100 122 125Northwest Nat Bank 4,000,000 2,917,304 47,757,466 100 274 276St Anth'y Falls Bk_ 200,000 114,554 2,114,564 100 150 175Scandinay AmNBk 1,000,000 250,579 11,182,905 100 170 180South Side State Bk 100,000 68,890 1,315,946 100 250 Union State Bank_ 100,000 60,782 1,118,736 100 140 Minn L'n ar Tr Co_ 1,000,000 486,447, 3,555,577 100 St. Paul-Pershare.
American Nat Bk__ 400,000 146,2211 3,395,892 100 125 137
Capital Nat Bank__ 500,000 251,771 7,082,174 100 150 160First Nat Bank.... 3,000,000 v2,804,160 v48159421 100 Merchants' Nat Bk 2,000,000 2,205,876 26,013,187 100 246Nat Bank of Comm 400,000 132,024 2,219,819 100 155
- --Scandinav Am Bk. 100,0001 139,809 1,818,260 100 232--Stock Yards Nat Bk
MISSOURI-Nat. banks Dec. 31; State institutions latest returns.Kansas City-
City Centre Bank..Com'wealth N Bk_Drovers' Nat Bk._First Nat Bank_ ___Gate City Nat Bk.Int-St Nat Bank..Nat Reserve Bank_New Eng Nat BankProduce Exch BankSecurity Nat BankSouthw Nat Bk oCommerce
Traders' Nat Bank_Stock Yds Nat BkWestern Each BankWestport Ave Bk.Commerce Trust CoFidelity Trust Co..Pioneer Trust Co_ _Fidelity Says Tr Co
St. Joseph-Burnes Nat Bank First National Bk..German-Am N Bk_St Jos Stk Yds Bk_Tootle-Lemon N BkFirst Trust Co_ _ _ _Missouri Val Tr Co
St. Louis-Baden Bank Boatmen's Bank_ _Bremen Bank Cass Ave Dam Central Nat Bank_Chippewa Bank Franklin 13anir_ _ _ _German-Amer Bk.German Say Inst Grand Ave Bank Internat Bk St L.Jefferson Bank_ __Lafayette Bank...-Lowell Bank Manchester Bank..Mec-Amer Nat Bk Mercantile Nat Bk_March Laclede NatNat Bk of Com'ce__ _Night & Day Bk_Northwest'n Bank_St L Union Bank..South'n Corn & SaySouth Side Bank State Nat Bank...Third National Bk_Union Station Bk_American Tr Co_ _ .Irv/ay Say Tr CoChouteau Trust CoCity Trust Co Easton-TaylorTrCoFarm & Mer Tr Co_Jeff-Gravols Tr Co_Laclede Tr Co Meramec Tr Co__ _Mercantile Tr Co Miss Vail Tr Co_Nor St L Say Tr CoSt L Union Tr Co_Savings Trust Co..Vandeventer Tr CoWest St L Tr Co
Bridgeton Nat Bk 100.000 253,522 1,314,488Cumberland Nat B k 150,000 540,001 1,914,467Farm & Mer Nat B 150,000 69,556 570,663Cutnberland Tr Co_ 125,000 139,144 905,736Camden- Per share.
East Orange Bank_ 50,000 51,970 875,243People's Bank 100,000 129,776 1.670,399Essex County Tr Co 200,000 264,327 4,286,206Elizabeth- Per share.
Elizabethport B Co 50.000 104,824 2,012,920 50 150 National State Bk_ 350,000 808,714 4,100,759 611 140 Elizabeth Tr Co_ 100,000 20,571 611,000 100 Union Co Trust Co 300,000 361,767 5,220,712 100 320 Hoboken- Per share.
Jersey City- Per share.Claremont Bank 100,000 66,274 969,763 100 180 First National BankHudson Co Nat BkMerchants' Nat BkComml Tr N J__
400,000250,000200,000
1,000,000
1,249,844757,94753,314
2,516,632
10,967,7594,320,7231,316,407
20,122,378
100 320100 350oo,
I 00 390
355--425
Greenv Bk & Tr Co 100,000 82,020 1,702,035 1001 275 300Lincoln Trust Co.. 150,000 398,876 3,105,933 100, 300 320Mercantile Tr Co_ 100,000 76,000 2,703,958 100, 200 N J T Gu & Tr Co_ 1,000,000 1,108,766 10.087,864 1001 293 Union Trust Co 300,000 261,219 4,506,999 100' 150Long Branch-
Citizens' Nat Bank 100,000 s192,041 s523,059First Nat Bank_ 50,000 202,311 1,044,125Long Branch Bkg Co 100,000 30,68:3 405,606Morristown- ! Per !share.
First Nat Bank_ 200,000 207,070 3,740,678 109 '/ 225National Iron Bk _ 200,000 70,000 2,550,713 50 125 159American Trust Co 150,000 38,819 462,525 100 £130Morristown Tr Co_ 600,000 1,015,777 8,090,846 104 350 400Mt. Holly-
Mt Holly Nat Bank 100,000 v79,977 v347,381Union Nat Bank_ 100,000 v124,297 v739,848Farmers' Trust Co_ 200,000 67,176 864,702Newark- Per 'share.
American Nat Bk 300,000 v76,470 ti 2,697,322 100 110Br'd & Market N B 200,000 70,851 1,412,245 100 100Essex Co Nat Bir__ 1,000,000 1,079,727 10,009,174 50 150Mfrs' Nat Bank_ 350,000 444,071 2,738,813 100 250 Merchants' Nat Bk 500,000 769,820 4,597,713 100 255 Nat Newark BkgCo 1,000,000 1,911,517 13.726,231 Sc 187%192%National State Bk_ 500,000 558,174 3,598,202 50 110 115North Ward Nat B 200,000 389,379 4,312,986 100 370 Union Nat Bank__ 1,500,000 2,396,787 14,714,109 100 350City Trust Co 100,000 90,717 1,425,387 100 180 Clinton Trust Co 100,000 82,989 1,287,794 100 150 Federal Trust Co__ 1,000,000 1,137,061 5,704,193 100 225 Fidelity Trust Co__ 3,000,000 3,445,649 21,653,922 100 440 460Ironbound Tr Co__ 200,000 262,444 3,251,927! 100 230 240
• Sale price. a Figures of date May 1 1915. a Capital paid in; authorized amount Is larger. q Amount paid in. k New stock. z Ex-dividend.g Capital to be increased. d Nov. 1 1915. 'Sept. 30 1915. si Including Fidelity Say. & Tr Stock. !Last sale. rJune 22 1915. sSept. 2 1915.Untie 23 1916. cNoy. 10 1915. h Dec. 311915.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
60 BANKS AND TRUST COMPANIES [VOL. 102.
Where Names are Printed In Italics Puller Returns May be Pound in the Advertising Columns.
NEW JERSEY (Concluded.)
Capital.Surplus& Profits.
GrossDeposits. Par. Bid. Ask.
Newark (Con.) $ $ $ Per share.Newark Trust Co__ 100,000 60,000 1,357,421 100 140 Sprield Av Tr Co_ 100,000 47,486 719,933 100 110 120Washington Tr Co. 100,000 75,760 778,374 100 160 West Side Tr Co.... 200,000 400,204 3,463,002 100 260 New Brunswick Per share.
Nat Bank of N J___ 250,000 534,902 4,693,966 100 285 290People's Nat Bank_ 100,000 177,126 1,297,560 100 275 280New Bruns Tr Co__ 100,000 110,948 2,092,667 100 200 210Passaic- Per share.
Passaic Nat Bank__ 200,000 467,239 2,455,568 100 275 Hobart Trust Co__ 100,000 143,547 1,568,671 100 Passaic T & S D Co 200,000 229,730 4,894,660 100 People's Bk&Tr Co 200,000 318,929 3,387,022 100 Paterson- Per share.
First National Bank 500,000 694,524 3,824,224 100 265 275Paterson Nat Bank 300,000 468,669 2,939,100 100 300 320Second Nat Bank__ 150,000 329,726 4,164,724 50 230 Paterson Say Inst__ 1,000,000 327,329 14,263,249 100 375 Citizens' Trust Co_ 150,000 216,400 2,687,000 100 255 German Am Tr Co_ 150,000 393,492 3,759,774 100 430 Hamilton Trust Co 400,000 450,000 4,800,000 100 410 Paterson SD&TrCo 300,000 454,470 3,844,213 100 330 350Bilk City SD&T Co 200,000 169,967 1,874,601 100 210 230
NEW YORK-Nat. bks. (except N. Y. City) Dec. 31; State inst. Dec. 31.
Albany-First Nat Bank_ ___Mech & Farmers_ _Nat.Commercial BkN Y State Nat Bk_Albany Trust Co__Union Trust Co___
Auburn-Cayuga Co Nat BkNat Bk of Auburn_Auburn Trust Co__
Binghamton-City National Bk....First Nat Bank__People's Tr Co..___
Brooklyn-Depodate Feb. 26 191915 for Nation
Bank of Coney Isl'dBank of Flatbush__First National Bk__Greenpoint Nat BkHillside Bank Homestead Bank.._Mechanics' Bank....Montauk Bank..__ _Nassau Nat Bank....National City BankNorth Side Bank.._People's Nat Bank_Ridgewood Nat BkBrooklyn Trust Co..Manufact'rs' Tr CoFranklin Trust Co_Hamilton Trust CoKings Co Trust Co..People's Trust Co.._Buffalo-
Bank of Buffalo.. Black Rock Bank-Central Nat Bank_Citizens' Bank_German-Amer Bk_Manuf & Trad NatMarine Nat Bank Market Bank People's Bank Third National Bk_Un Stock Yds Bk Bankers Trust Co....Buffalo Trust Co....Commonw'Ith TrCoFidelity Trust Co.._Elmira-
Merchants' Nat Bksecond Nat Bank.._Chemung Can T Co
New York City-are of date Feb.1915 for Nationof banks andmay be found in
America, Bank of..Am Exch Nat Bk....Atlantic Nat. BankBank of Europe...._Bank of U S Battery Pk Nat BkBowery Bank Broadway Cent BkBronx Borough Bk_Bronx Nat Bank.. Bryant Park Bank..Butch & Drov Nat..Century Nat BankChase National Bk
600,000250,000
1,000,000500,000400,000250,000
200,000200,000150,000
200,000400,000500,000
sits of Broo16. Surplat and Dec.
100,000100,000300,000200,000100,000200,000
1,600,000100,000
1,000,000300,000200,000200,000100,000
1,500,0001,000,0001,000,000500,000500,000
1,000,000
418,6571,079,4761,724,319629,697312,928610,349
251,447108,279171,156
229,189240,539122,013
klyn banksus and pro31 for Stat
57,80060,200
668,300160,50033,30052,100
772,40020,700
1,101,400575,290193,700150,79680,000
3,730,446351,600
1,257,8691,085,9342,635,3141,603,822
1,000,000 1,511,774Began bus mess Jan.1,000,000 653,911200,000 306,167500,000 635,401
Deposits of N. Y. City26 1916 Surplus analand Dec 31 for Statetrust comp anies in Nour "Ry. and Ind."1,500,000 6,152,4645,000,000 5,104,9001,000,000 774,000150,000 31,100200,000 66,637200,000 163,200250,000 791,800100,000 39,100150,000 65,500200,000 255,200200,000 145,800300,000 81,700
Mech & MetalsNational Bank 6,000,000 8,952,547 149698000 100 270 275
Merchants' Nat Bk 2,000,000 2,196,984 32,876,000 50 175 182Metrop's, Bk of the 1,000,000 2,100,100 14,215,000 100 295 305Metropolitan Bank 2,000,000 1,919,104 11,137,000 100 174 180Mutual Bank 200,000 460,300 6,185,000 100 325 New Neth'land Bk_ 200,000 243,727 3,989,000 100 215 225N Y Co Nat Bk___ 500,000 1,186,400 10,591,000 100 725 825NYNB A, Bk of.. 2,000,000 4,720,284 33,944,000 100 378 385Pacific Bank 500,000 996,800 4,484,000 5C 275 Park Bank, Nat__ 5,000,000 15,257,990 156195000 100 420 425People's Bank 200,000 436,262 2,537,000 25 220 235Produce Ex Bk N Y 1,000,000 997,886 13,778,000 10() 200 210Public Bank 750,000 407,949 v12256,000 100 125 175Seaboard Nat Bank.. 1,000,000 2,810,791 47,505,000 100 415 4403econd Nat Bank 1,000,000 3,211,764 15,317,000 100 395 4103ectirity Bank Absorbed by Centur y Bank3herman Nat Bank 200,000 95,800 v3,242,000 100 125 1353tate Bank 1,500,000 557,500 24,818,000 100 100 125Twenty-third W Bk 200,000 121,200 v2,749,400 100 100 135Union Exch Nat Bk 1,000,000 1,018,700 11,782,000 100 135 140Wash H'ts, Bk of.... 100,000 393,600 1,573,000 100 275 Westchester Ave Bk 100,000 73,600 v1,089,500 100 160 175West Side Bank__ 200,000 701,100 4,756,000 100 400 450Yorkville Bank__ 100,000 552,900 6,153,000 100 475 550kstor Trust Co........ 1,250,000 1,541,100 30,983,500 100 415 430Bankers Trust Co.. 10,000,000 14,694,100 269330000 100*440 442Broadway Trust Co 1,500,000 902,540 23,245,424 100 146 150Zlentral Trust Co.._ 3,000,000 17,502,200 175486500 1001140 1155:jolumbla Trust Co 2,000,000 7,659,694 88,054,600 100 540 550Dommercial Tr Co_ 500,000 134,040 3,649,303 100 110 Empire Trust Co.... 1,500,000 1,375,184 31,577,275 100 290 300Equitable Trust Co 3,000,000 9,608,500 136564600 100 440 450Farmers' L & T Co.. 1,000,000 7,382,949 159347878 25 1275 Fidelity Trust Co__ 1,000,000 1,204,800 10,918,000 100 205 210Fulton Trust Co___ 500,000 702,120 8,494,687 100 280 3003uaranty Trust Co 20,000,000 22,999,174 430912300 100 417 423Hudson Trust Co._ 500,000 600,824 4,729,716 100 145 Lawyers' Title deTrust Co 4,000,000 5,386,077 18,746,348 100 122 127
Lincoln Trust Co.... 1,000,000 503,891 15,226,935 100 120 125kletropolitan Tr Co 2,000,000 6,087,329 57,190,274 100 420 430g Y L Ins de T Co 1,000,000 4,063,299 36,807,437 100 990 1010gew York Trust Co 3,000,000 11,247,094 78,193,886 100 600 610ritle Guar dr Tr Co 5,000,000 11,869,264 34,556,266 100 390 400Transatlantic Tr Co 700,000 450,000 5,087,385 100 155Union Tr Co of N Y 3,000,000 5,162,097 82,338,926 100 370 380[J 8 Mort & Tr Co_ 2,000,000 4,241,609 79,920,700 100 395 405[7 S Tr Co of N Y.._ 2,000,000 14,303,199 66,186,577 100 1020 1050Jamaica, L. I.-
Bank of Long Isl'd_ 900,000 557,400 7,661,700 100 First Nat Bank.._.... 100,000 19,400 779,600 100 ueens Co Trust Co 600,000 93,800 2,272,200 100 85
Rochester- Per share.klliance Bank 500,000 512,663 9,203,447 100 225 250Dentral Bank 250,000 347,979 7,218,572 100 225 250Vierchants' Bank 300,000 384,967 5,781,430 100 205 210Lincoln Nat Bank.. 1,000,000 1,530,787 15,492,964 100 210 215qat Bank of Corn.... 750,000 766,701 9,391,010 100 174 182Craders' Nat Bank_ 500,000 425,204 7,194,134 100 160 175Fidelity Trust Co 200,000 297,144 9,380,170 100 2253enesee Val Tr Co_ 400,000 120,024 8,476,426 100 140 155Etoch Tr & S D Co.. 500,000 840,510 22,562,337 100 3503ecurity Trust Co.. 300,000 517,667 15,273,910 100 400Union Trust Co...._ 500,000 484,799 10,009,091 100 180 195
Syracuse- Per share.Dity Bank 500,000 191,600 3,114,041Dornmercial Nat Bk Merged in Syracuse Trust Co 100 First Nat Bank........ 1,000,000 581,129 8,547,771 100 Vlerchants' Nat Bk 180,000 322,367 1,593,104 100 'rat Bk of Syracuse 600,000 429,716 524,939 100 %it Springs Nat Bk 200,000 108,012 2,109,505 100 ['bird Nat Bank__ 300,000 233,693 2,175,360 100 l'entral City Tr Co 300,000 313,976 1,584,967 _lyracuse Trust Co_ 500,000 524,917 9,892,730 100Cr & D Co of Onon_ 1,000,000 654,829 15,039,705 100
Troy- Per share.danufac'rs Nat Bk 150,000 695,240 9,491,402 100 525gational City Bk__ 300,000 256,477 3,670,479 100 170 172at St Bk of Troy_ 250,000 366,885 2,674,379 100 220 225
• Sale price. b Capital and surplus to be increased. d Capital paid in; authorized amount is larger. k Capital to be increased. z Ex-dividendMay 1 1915. e June 30 1915. !Last sale. t Sept. 25 1915. v Dec. 31 1915. r July 28 1915. o Sept. 9 1913. h New stock.
a Sept. 2 1915. n Nov. 10 1915. p Aug. 2 1913. y Ex-rights.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
MAR., 1916.1 BANKS AND TRUST COMPANIES 61Where Names are Printed In Italics Fuller Returns May be Found In the Advertising Columns,
City National Bank 100,000 103,709 810,441 100 Jefferson Co Nat B 250,000 317,244 2,311,167 100 Watertown Nat Bk 200,000 326,394 1,082,829 100 North'n N Y Tr Co 400,000 499,884 3,766,707 100 Westchester Co Per share.
Mt Vernon-lst N_ 200,000 87,352 3,276,921 100 Mt Vernon Tr Co 200,000 352,037 3,450,701 100
New Rochelle-Nat Cty Bank__ 200,000 58,149 3,209,891 100 North Ave Bk___ 50,000j 33,101 322,060 Huguenot Tr Co_ 150,000 60,277 610,975 N Rochelle Tr Co 200,000 90,690 3,017,639 100
NORTH CAROLINA-Nat. bka. Dec. 31; State institutions latest returns.Charlotte-
Charlotte Nat Bk__ 250,000 207,272 1,432,097 10 165 Commercial Nat Bk 500,000 425,904 1,413,147 100 166First Nat Bank........ 300,000 474,881 1,565,526 iooj 200 Mer & Farm N Bk. 200,000 275,160 1,035,676 1001 205 Union Nat Bank.._ _ 100,000 108,869 860,143 iooi 215 American Trust Co 350,000 318,652 1,349,266 100 166Independ'ce Tr Co.. 500,000 209,527 868,355 100 137 Southern L & S Bk 50,000 60,771 243,367 100 175 Durham-
Citizens' Nat Bank 100,000 v110,426 v735,224 Fidelity Bank 100,000 487,931 2,235,732 ._First Nat Bank 150,000 227,947 1,868,687 106 Home Say Bank__ 50,000 34,096 445,019Merchants' Bank__ 100,000 50,047 373,350Greensboro-
Amer Exch Nat Ilk 400,000 89,684 1,983,685 1001 y110Greensboro L& Tr_ 200,000 37,390 1,548,757 1001 y115Greensboro Nat Bk 100,000 47,973 530,657 100' 1/125Textile Bank 25,000 23,827 235,458 100 y15()Raleigh- Per share.
Citizens Nat Bank 300,000 87,309 1,389,007 100 160Comm'l Nat 13ank_ 300,000 141,802 1,510,034 100, 130Merchants' Nat 13k 100,000 118,217 2,594,036 100 200Raleigh 13kg&TrCo 100,000 52,576 758,256 100 150Wilmington- Per share.Amer 13k & Tr Co.. 250.000 95,319 2,068,944 100 100 105Murchison Nat Bk_ 1,000,000 650,091 5,463,147 100 145 150People's Say Bank_ 65,000 105,799 1,287,292 25 75 80Atlantic T & 13k Co Merged in Amer. Bk. & Tr. Co.Wilm Say .tc Tr Co_ 100,000 266,799 2,406,637 50 220 Winston-Salem -Merchants Nat Bk_ 100,000 18,137 341,807 100 People's Nat Bank.. 300,000 74,522 872,986 100 Wachovia Bk & Tr_ 1,250,000 503,104 7,664,774 100 NORTH DAKOTA-Nat. banks Dec. 31; State inst. latest returns.Fargo- Per share.Fargo National 13k_Fargo National 50,0001 16,076 254,474 1001
First Nat Bank__ 300,000 233,640 5,556,044 100 Merchants Nat Bk_ 100,000 103,897 1,252,120 100 Northern Say Bank 50,000 15,124 1,193,270 100 Dakota Trust Co _ 100,000 55,791 365,755Northern Trust Co.. 100,000 95,000 200,000
OHIO-Nat. banks Dec. 31; State institutions latest returns.Can
Say Bank__ 125,000 65,711 2,206,027City Nat Bank__ __ 240,000 153,417 2,131,397Dime Say Bank__ 200,000 93,442 1,811,887First Nat Bank_ _ _ _ 500,000 433,272 6,704,903Cincinnati- Per share.Atlas Nat Bank__ 400,000 830,707 3,965,444 100 305 325Brighton Ger 13k Co 200,000 291,427 4,334,668 100 300 350Citizens' Nat Bank 2,000,000 1,900,776 7,500,505 100 187 195City Hall Bank........ 100,000 208,417 1,836,981 100 300 Columbia B & SCo 100,000 222,469 1,408,359 10 400Cosmop Bk & S Co 250,000 110,907 2,441,336 50 130 140C't Wee Say Bank_ 100,000 14,747 633,686 100 100 East End Bank____ 50,000 17,499 198,954 100 118 Fifth-Third Nat Bk_ 3,000,000 1,561,272 20,001,048 100 195 200First Nat Bank__ 6,000,000 2,534,867 26,469,559 100 195 200Fourth Nat Bank__ 500,000 859,102 6,165,462 100 260 German Nat Bank_ 500,000 847,291 5,001,323 100 270 290Home Say Bk Co__ 50,000 14,296 629,955 100 100 105Market Nat Bk___ 500,000 529,579 3,955,637 100 260 North Side Bank.... 75,000 53,447 658,397 50 180 Pearl St Market Bk 150,000 40,474 1,294,138 100, 100 105Peoples Bk & Sy Co 200,000 46,471 1,364,977 103 110 120?rov Sy Bk & T Co 1,400,000 1,135,539 10,055,903 10 2303econd Nat Bank__ 1,000,000 251,586 3,695,251 100' 107 109lecur SB&SD Co 100,000 215,471 2,133,339 100 250 louth Ohio Say Bk 50,000 102,898 1,718,228 ___ 200 300ltk Yds Bk & Tr Co 100,000 91,000 680,000 100 150 175Jnion S B & Tr Co 1,000,000 2,929,303 17,855,416 100 450 Jnity Bkg & Sc' Co 75,000 66,678 1,380,911 100 175 Vest End B&Tr Co 100,000 58,279 1,125,055 100 150 Vestern GermanBk 375,000 546,614 9,526,315 100 300 )ent Tr & S Dep Co 500,000 814,207 5,285,211 100 270 290Cleveland- Per share.lk of Com'co N A.. 2,000,003 1,550,124 16,430,736 100 2003antral Nat Bank..
Ilavalcand XT.. I),1,000,000
Anil flanv909,574-1 Afl 491
v10642282..9 I;(19 7.21
100 195
OH10-(Concluded.)
Capital.Surp!us Groee
de Profits Deposits
Cleveland (Con.)Clark Ave Say Bk_Clev Say & Loan CoColumbia S & L CoFirst Nat Bank........ Garfield Say Bk CoGer-Am Say B Co_Lincoln Say & Bkg_Lorain St Say BkCoNational City BankNat Commercial BkPearl St S (lz T Co....People's Say Bk CoUnited Bk & Say CoUnion Nat Bank _ _W Clevel'd Bkg CoIl'way Say & Tr CoCitizens' S & Tr CoCleveland Trust CoFirst Tr & Say Bk.Guardian Say dr TrL Sh Ilkg & Tr Co..State Bkg & Tr Co_Supeer S & Tr Co..Union Say Sc L Co_WoodI'd Ay S & TrColumbus-
Capital City Bank_Central Nat Bank..Citizens' Tr Sc Say_City National 13k_ _Columbus Say Bk_Commerc'l N BankFifth Ave Say Bk__Hayden-Clin N B__Huntington Nat BkLincoln Say Bk Co..Market Exch BankNat Bk of Com'ce_New First Nat Bk_Ohio National BankState S 13k & Tr CoDayton-
City National BankDayton Nat Bank..First Say & Ilk Co..Fourth Nat Bank.._Merchants' Nat BkTeutonia Nat Bk__Third Nat I3ank_ _ _Winters Nat Bank_City Tr & Say Bk....Dayton Say & T CoToledo-
Coin Say B & Tr CoDime Say Bank CoFirst Nat ..Bank..-_Home Say Bank CoMarket Say Bk Co_Mer & Cl'k S Bk__Nat Bk of Com'ce_Northern Nat 13k_Ohio S Ilk & Tr CoSecond Nat Bank.._Secur S B & Tr Co_Spitzer-Ror T & BkTol Say Bk & Tr CoCoral Tr de S Bk__Union Says Bank__Youngstown-
City Tr& Say Bank_Commer'l Nat Bk_Dollar Say & Tr CoFirst Nat Bank...._ _Mahoning Nat Bk_
OREGON-Nat. banks Dec. 31; State institutions Dec. 31.
Portland-Can Bk of Com'ce_Citizens Bank First Nat Bank.._ _Hartm'n Sc T'mps'nHibernia Say BankLadd Sc Tilton Bk....Lumbermen's N 13kMerchants' Nat 13kN'western Nat 13kCommerce T Sc S BScandinay'n Am BkUn States Nat BankLumbermen's Tr CoPortiandTr&SavI3kSecurity Say Sc Tr..
300,000 110,662100,000 20,379
2,500,000 1,111,139100,000 15,014200,000 114,446
1,000,000, 1,334,346L000,00loi 243,167Absorbed by North
• Bale price. hJuly 28 1915. a Capital and surplus to be increased o Capital stock paid In; authorized amount is larger. k Capital to beincreased. p Amount paid in. s Ex-dividend. 11 Last sale. a These figures date Dec. 311915. e Sept. 2 1915. r May 11915. I June 23 1915.u Oct. 311914. « Nov. 10 1915. t March 4 1915.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
62 BANKS AND TRUST COMPANIES [VOL. 102.
Where Names are Printed in italics Puller Returns may be Pound in the Advertising Columns.
PENNSYLVANIA-Nat. bks.(exe.Phila.) Dec. 31; State inst. latest returns.
Capital.Surplus& Profits.
GrossDeposits. Par. Bid. Ask.
Allegheny- Per share.Bk of Secured Says.. 125,000 142,797 1,313,328 60 German Nat Bank_ 200,000 386,409 3,933,439 100 Ohio Valley Bank_ 100,000 46,487 596,069 100 Second Nat Bank_ _ 300,000 876,847 3,319,403 100 Allegheny Trust Co 700,000 432,064 3,162,239 100 Dollar Say & Tr Co 1,000,000 1,133,820 4,512,018 100 Manchester SavingsBank & Trust Co 250,000 100,097 1,355,225 50
Provident Trust Co 150,000 96,343 627,902 100 Real Est S & Tr Go 400,000 67,139 1,689,347 100 Workingman's SayBank & Trust Co 100.000 1,112,672 4,914,251 51.
Scranton-County Say Bank.._Electric City Bank..First National BankGreen Ridge Bank..Keystone Bank_ _ _ _Merch & Mech Bk_North Scranton BkPeople's Nat Bank..Providence Bank_ _Scranton S & Di BkSouth Side BankThird Nat Batik....Traders' Nat Bank..Union Nat Bank..__West Side Bank.. _ _Anthracite Tr Co__Lincoln Trust Co.._
Wilkes-Barre,-Dime Deposit BankFirst National BankLuzerne Co Nat BkMiners' Bk of W B_People's Bank Second Nat Bank_ _W B Dep & Say BkWyoming Nat BankWyoming Val Tr Co
Williamsport-First National BankLycoming Nat Bk_West Branch N Bk.Williamsport N Bk.Northern Central TrCo
Bugg Tr & S Dep CoYork-
Central Nat Bank..City Bank Drov & Mech N BkFirst National BankWestern Nat Bank..York Co Nat Bank._York National BankGuardian Trust Co&cur Title & Tr CoYork Trust Co__
SOUTH CAROLINA-Nat. banks Dec. 31; State institutions latest returns.
Charleston-Bk of Charl'n,NBACarolina Say Bank_Charl Say Instit'n_Commercial Nat BkDime Savings BankEnterprise Bank......Exch 13kg & Tr Co_First National BankGermania Nat BankGermania Say BankMiners & Mer 13k_ _People's Nat Bank..Security Say Bank..State Sayings BankSo Car Loan & TrCoSpartanburg-
American Nat BankBank of CommerceBk of Spartanburg_Central Nat Bank_Dollar Say Bank_ -_First Nat Bank.. _ - -Mer & Farm Bank_Southern Trust Co..
Memphis-Bank of Com & T Co 1,500,000Cent-State Nat Bk_ 600,000First National Bank 500,000Germania Sa B & T, 50,000Man Say Bk & Tr..' 100,000Mercantile Nat Ilk_ l 500,000National City Bank; 200,000No Memphis Say Bk 50,000People's S Bk & Tr_ 50,000Security Bk & TrCo 300,000State Savings Bank 50,000Union & Planters'Bank & Trust Co 1,400,000
Union Say Bank drTrust Co 50,000
Comm Tr & Say Bk 350,000
Nashville-American Nat Bank 1,000,000Broadway Nat Bk_ 200,000Cumberland Val N B 300,000First S Bk & Tr Co 220,000Fourth cfc FirstNatB 1,100,000Tennessee- Herm! -;
tage Nat Bank__ 300,000Nashville Trust Co 350,000State Bk & Tr Co_ 100,000,
TEXAS-Nat. banks Dec. 31; State institutions latest returns.
Austin-American Nat BankAustin Nat Bank .State National Bk_
Beaumont-American Nat BankFirst National BankGulf National BankTexas Bank & TrCo
Dallas-Am Exch Nat BankCentral State BankCity National BankFirst State Bank _ _Nat Bk of Comm'ceSecurity Nat Bank_Dallas Tr Say Bank
El Paso-City Nat Bank_ .. _ _Commercial Nat BkFirst Nat BankState Nat BankTexas Bk & Tr Co
Fort Worth-American Nat BankContinental Bk &TrFarm & Mach N BkFirst National BankFt Worth State Bk_Fort Worth Nat Bk..Stockyards Nat BkTexas State Bank_ _Traders' Nat Bank_
Galveston-City National BankFirst National BankTexas Bank Sc TrCoHouston-
First National BankHouston Nat Ex BkLumber'ns Nat Bk_Nat Bank of CommUnion Nat Bank_ __Sou Texas Commer-
cial Nat Bank --Bankers Trust Co__San Antonio-
Alamo Nat Bank__City National BankFrost National BankGroos Nat Bank_ _ _Lockwood Nat Bk_Nat Bk of Comm'ceSan Antonio NatBkCentral Trust Co__Citizens Bk dr TrCoState Nat Bank_West Tex Bk&TrCoWaco-
CentralTexExchNatCitizens' Nat BankFirst National BankNational City BankProvident Nat Bk_
*Sale price. a Capital and surplus to be increased. c Capital stock paid in; authorized amount is larger. k Capital to be increased. p Amountpaid In. a Ex-dividend. y New stock. I Nov. 10 1915. 1 Last sale. 4 May 1 1915. PI Feb. 21 1914. n March 4 1914. t March 4 1915.a Jan. 13 1914. r Oct. 21 1913. a Sept. 2 1915. g Including First S. Bank Sc Tr. Co. stock.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
64 BANKS AND TRUST COIVIPAN1ES [VOL. 102.
Where Names are Printed in Italics Puller Returns may be Pound in the Advertising Columns.
UTAH-Nat. banks Dec. 31; State institutions latest returns.
SurplusCapital. & Profits.
Ogden- $First National Bank 150,000 8197,647Commercial Nat Bk 100,000 8168,860Pingree Nat Bank.. 175,000 385,349Utah Nat Bank__ 150,000 838,291Salt Lake City-
Continental Nat Bk 250,000 50,000Deseret Nat Bank_ 500,000 601,571Deseret Say Bank.. 100,000 74,896Farmers' & Stock-growers Bank..__ 300,0001 43,400
Merchants Bank.._ 250,0001 61,690McCornick & Co Bk 600,0001 328,568Nat Bk of Republic 300,000 345,260National City Bank 250,000 51,649National Copper Bk 300,000 60,344Salt Lake Sec&TrCo 300,000 132,000Utah State Nat Bk 600,000 140,437Utah Say & Tr Co.. 300,000 28,767Walker Bros, B'kers 500,000 122,975Zions S Bk de Tr Co 500,000 277,772
VIRGINIA-Nat. banks Dec. 31; State institutions latest returns.
Lynchburg-First National Bank 675,000 498,823 3,082,192 100 Lynchburg Nat Bk 500,000 570,247 2,064,125 100 Peoples Nat Bank.. 500,000 512,484 1,750,344Lynchburg Tr & 813 150,000 254,745 1,737,262
Norfolk- Per share.Citizens Bank 600,000 573,207 2,809,233 100 215 Marine Bank 110,000 227,520 598,088 100 290 Mercantile Bank.._ 100,0001 10,210 103,236 100 100Nat Bk of Comm'ce 1,000,000 940,399 6,837,558 100 200 Nor Bk for Say&Tr 100,006 333,364 1,716,416 100 490 Norfolk Nat Bank__ 1,000,000 820,540 6,725,725 100 168 Seaboard Nat Bank 300,000 93,061 1,687,115 100 130 Virginia Nat Bank_ 500,000 106,370 1,486,296 100 137 Petersburg- Per share.
Petersb Sy & InsCo 200,000 753,489 2,885,142 20 100 110Nat Bk of Petersb_ 100,000 331,499 3,476,209 100 375 Virginia Nat Bank.. 400,000 191,190 1,637,900 100 135 Richmond- Per share.
American Nat Bank 1,000,000 737,965 6,695,768 100 190 195Bank of Corn & Tr_ 250,000 177,589 1,113,741 100 175 185Broad-Street Bank_ 200,000 151,310 1,757,787 25 45 50Broadway Nat Bk_ 200,000 820,814 8305,425 100 90Central Nat Bk of R 350,000 69,899 952,395 100 120 126First National Bank 2,000,000 1,173,347 15,460,472 100 219 222Manchester Nat Bk 150,000 11,239 317,783 100 80Mech dr Merch Bk_ 100,000 119,767 721,561 100 205 220Merchants Nat Bk_ 200,000 1,296,301 9,233,116 100 1000 Nat State dr City Bk 1,000,000 797,094 6,202,662 100 183 190Planters Nat Bank.. 300,000 1,623,720 6,550,223 100 800 Richm Bk & Tr Co 477,400 89,530 570,246 25 25 26Say Bank of Richm 200,000 327,437 1,545,493 25 90 93Union Bk of Mehra 219,750 504,179 1,288,317 50 325 350Old Dominion TrCo 1,000,000 1,147,760 1,522,960 100 198 201Richm Tr & Say Co 1,000,000 137,344 1,032,675 100 106 108Virginia Trust Co.__ 1,000,000 341,469 2,040,246 100 225 250
WASHINGTON-Nat. banks Dec. 31; State institutions Dec. 31.
Seattle- Per share.Bank for Savings_ 400,000 19,441 695,441 100 100Canad'n Bk of Corn 200,000 3,067,805 100 Dexter-HortonNBk 1,200,000 272,044 9,557,999 100 Ic 265First National Bank 300,000 135,949 5,018,421 100 250Ger-Amer Marc Bk 200,000 17,870 1,272,898 100 100Metropolitan Bank. 100,000 155,444 2,274,473 100 350 Nat Bk of Comm'ce 1,000,000 1,102,297 12,437,914 100 310Nat Cy Bk of Seatt 500,000 128,274 3,138,714 100 105People's Say Bank.. 100,000 223,044 2,318,956 100 Scand-Amer Bank.. 500,000 514,067 11,198,547 100 190Seattle Nat Bank__ 1,000,000 264,617 14,095,304 100 225State Bk of Seattle_ 100,000 23,679 1,405,375 100 140Am Say Bk dr Tr Co 600,000 107,674 2,145,921 100 112North Bk & Tr Co.. 100,000 19,722 1,370,976 100 130Union Say de Tr Co 600,000 200,619 4,005,445 100 135Northw Tr dr S DCo 100,000 14,263 1,142,762 100 130Dex-Hort T & 8 Bk 400,000 113,000 7,345,938 100
Spokane- Per share.Bank of Montreal__ 100,000 4,097 1,656,920 100 Exchange Nat Bk__ 1,000,0001 234,462 6,652,035 100 150 160Fidelity Nat Bank_ 250,0001 64,470 2,460,993 100 135 150Old National Bank.. 1,000,0001 538,460 12,348,693 100 150 160Scan inav-Amer Bk 100,000 47,006 664,266 100 110 120Spok dr East Tr Co.. 1,000,000 282,670 9,574,536 100 150 175Union Tr & Say Bk 500,000 155,660 756,624 100 120 130Washington Tr Co.. 200,000 47,907 733,132 100 120 135
Tacoma- Per share.Nat Bk of Tacoma.. 1,000,000 171,218 7,600,309 100 200Puget Sd State 13k_ 100,000 46,804 791,022 100 130 140Scandlnav-AmerBk 200,000 20,000 2,384,000 100 75 80Bankers Trust Co__ 300,000 d25,347 d613,432 100 105 110Fidelity Trust Co.... 500,000 492,440 3,946,492 100 175 180T acoma S B& T Co 200,000 34,979 1,081,284
WEST VIRGINIA-Nat. banks Dec. 31; State institutions latest returns.
Capital.Surplus& Profits.
GrossDeposits. Par. Bid. Ask.
Wheeling- 2 Per share.Bank of Ohio Valley 175,000 32,661 878,950 70 80 CentreWheelingSay 25,000 32,500 590,000 100 228 Citizens' Nat Bank 100,000 25,022 184,422 100 124City Bk of Wheel.. 150,000 227,887 2,035,702 100Commercial Bank_ 100,000 138,000 430,000 100 190 German Bank 80,000 628,400 2,836,822 100 500 Germania Half-Dol-
lar Sayings Bank 50,000 85,000 1,061,861 100 240 Nat Bank of W Va.. 500,000 312,593 3,462,369 100 158 159Nat Exchange Bank 500,000 594,447 2,758,273 100 210 215People's Bank 100,000 78,537 443,432 20 26 29Quarter Says Bank.. 73,200 52,003 386,320 100 140South Side Bank__ 25,000 116,167 905,665 50 175 Dollar Say ez Tr Co 500,000 838,072 4,378,999 100 250 Security Trust Co_ 300,000 241,876 1,100,570 100 165 170
WISCONSIN-Nat banks Dec. 31; State institutions latest returns.
La Crosse- Per share.Batavian Nat Bank 400,000 183,472 3,168,789 100 Exchange State Bk 25,000 12,527 433,720 100 Nat Bk of La Crosse 250,000 459,037 4,192,452 100 Security Says Bank 30,000 8,479 462,751 100 State Bk of LaCr'se 100,000 56,020 1,523,563 100
Milwaukee- Per share.Badger State Bank.. 200,000 8,000 1,000,600 100 First National Bank 3,000,000 1,310,729 27,498,031 100 105 197German-Amer Bank 250,000 101,770 2,992,667 100 135 140Germania Nat Bk_ 300,000 164,968 4,352,660 100 145 150Marine Nat Bank.... 500,000 808,800 6,640,953 100 240 250Marshall & IlsleyBk 500,000 653,539 13,097,148 100 240 250Mar & Manufac Bk 400,000 59,572 1,361,175 100 100 105Nat Exchange Bank 500,000 623,207 5,197,134 100 210 215Second Ward Say B 1,000,000 543,667 20,283,261 100 170 West Side Bank__ 200,000 126,127 1,943,399 100 Wisconsin Nat Bk_ 2,000,000 1,486,968 24,965,970 100 197 199First Trust Co 300,000 150,667 100 Wisconsin Trust Co 500,000 292,963 1,433,414 100 160
WYOMING-National banks May 1 1915.
Cheyenne- Per shareCitizens Nat Bank_ 100,000 n37,917 n855,501First National Bank 100,000 n155,000 n2,500,000 Stock Growers N BWyom Tr .& Say Bk
100,00060,000
144,50746,867
2,697,323511,268 lob
CUBA.Returns are of date Dec 31 1915.
Havana-Nat Bank of Cuba_ 5,000,0001 2,548,270 36,465,811
Per share.100
CANADA.Returns are all of date Jan. 31 1915.
MANITOBA.
CapitalPaid in.
ReserveFund. Deposits. Par. Bid. Ask.
Winnipeg-Northam Crown Bk
Prices are$
2,859,287
per cent,$
150,000
not per sha$
11,477,073
re.
110 Per cent.
80
NOVA SCOTIA.
Halifax-Bk of Nova Scotia_ 96,500,00012,000,000 73,021,721 100
Per cent.261
ONTARIO
Hamilton- Per cent.Bank of Hamilton.. 3,000,000 3,300,000 36,716,012 100 201
Ottawa-Bank of Ottawa 04,000,000 4,750,000 37,492,315 100 207
Toronto-Bank of Toronto 05,000,000 6,000,000 46,718,935 100 211Can Bank of Comm 15,000,00013,500,000 1794449 52 60 203Dominion Bank 6,000,000 7,000,000 62,582,965 50 227Home Bk of Canada91,945,809 400,000 9,342,424 100 Imperial Bk of Can07,000,000 7,000,000 55,906,374 100 210Standard Bank_ 3,000,000 4,000,000 39,433,016 50 215Sterling Bk of Can.. 1,205,494 300,000 7,154,867 100
QUEBEC.
Montreal-116,000,000
Per cent.Bank of Montreal.._ 16,000,00 248965 393 100 x234 Bank of Br Nor Am 4,866,6661 3,017,333 40,685,898 145Banqued'Hochelega04,000,000 3 700,000 22,534,190 100 149March Bank of Can07,000,00 7,000,000 67,617,490 100 180Molson's Bank.._ _ 04,000,00 4 800,000 38,733,421 100 201Provincl Bk of Can g1,000,0001 650,000 9,338,367 100 Quebec Bank 2,735,0(1 1,000,000 13,342,710 100 119Royal Bk of Canada 01156100 12,560,000 151221 779 100 221MQuebec-
