B ank and Q uotation SECTION * ' / , OF THE C ommercial & F inancial ^ hrowicle . Copyrighted In 1920, according to Act of Congress, by WILLIAM D. DANA COMPANY. In office of Librarian of Congress, Washington, D. O VOL. 110. NEW YORK, JANUARY 3 1920. NO. 2845 B ank and Q uotation S ection The Bank and Quotation Section. Issued monthly. Is furnished without extra charoe to every annual subscriber or the Chronicle. The Railway and Industrial Section. Issued semi-annually In April and October. Is also furnished without extra charoe to every annual Chronicle subscriber. Tho Railway Earnings Section Issued monthly containing the wrorn returns of earnings and expenses filed each month with the Inter-State Oommorco Commission, Is likewise furnished without extra charoe to every annual Chronicle subscriber. The Electric Railway Section. Issued twice a year. In March and Sep- tember, Is also furnished without extra charoe to every annual subscriber of the Chronicle. Tho State and City Section will hereafter be issued semi-annually In Juno and December. It Is furnished without extra charoe to every annual subscriber of the Commercial & Financial Chronicle. Tho Bankers’ Convention Section. Issued yearly, giving the detailed proceedings or the annual convention of the American Bankers Associa- tion, Is likewise furnished without extra charoe to Chronicle subscribers. Terms for the Chronicle, Including the six supplements above named, aro Ten Dollars per annum within the United States, Thirteen Dollars (which Includes postage) In Europe, and $11 60 In Canada. Fllo covers for the Chronicle aro sold at 80 cents each (which Includes postago). File covers for Supplements can bo had at same price. CHICAGO OFFICE.—39 South La Salle Street. LONDON OFFICE.—Edwards Sc Smith, 1 Drapers’ Gardens, E. O. WILLIAM B. DANA COMPANY, Publishers. Front, Pino and Dopeystor Streets. New York. INDEX TO ADVERTISEMENTS OF BANKS AND TRUST COMPANIES Atlanta, da.— Pa<J« Atlanta National Bank— --------- 6 Baltimore, Md.— National Bank of Baltimore------ 0 Hifo Deposit Sc Trust Co ------------- 6 Boston. Mass.— National Union Bank---------------- 2 Chicago, 111.— Chicago Trust Co........................... 8 Continental Sc Oom’l Nat. Bk— 8 Corn Exchange Nat. Bank------- 9 Live Stock Exchange Nat. Bk__ 8 National Bank of the Republic.. 8 Cincinnati. Ohio— Fifth-Third National Bank------2 Cleveland, Ohio— First National Bank_________ 7 Union Commerce National Bk_7 Detroit, Mich.— First A Old National Bank------- 6 Couple's State Bank..................... 0 Fort Worth. Texas— Fort Worth National Bank------ 6 Jersey City, N. J.— First National B ank .... Los Angeles. Cal.— Oltlsens' National Bank. FlJst National Bank___ Milwaukee. Wls.— atlona Bank 7 New Orleans. La.— Whitney-Central Nat. Bank... 6 New York, N. Y.— Chemical National Bank— .... 1 Coal Sc Iron National Bank------1 Farmers’ Loan Sc Trust Co ------- 12 Ilanovor National Bank----------- 1 Seaboard National Bank----------- 1 Norfolk. Va.— Norfolk National Bank................. 7 Paterson. N. J.— First National Bank--------- .... 1 Philadelphia. Pa.— Corn Exchange Nat. Bank------- 3 First National Bank------------------4 Fourth Street National B an k... 3 Franklin National Bank------------- 6 Girard National B ank -------------- 3 Girard Trust Company------- — 4 Market Street National Bank.. 3 Philadelphia National Bank------4 Tradesmen's National Bank------ 4 Providence. R. I.— Merchants’ National Bank......... 2 „ St. Louis, Mo.— * National Bank of Commerce... 6 9 San Francisco, Cal.— 9 Anglo Sc London Paris Nat. Bk. 9 Worcester. Mass.— Merchants’ National Bank------- 2 REVIEW OF DECEMBER. Leaving out of consideration the money and the exchange markets, the developments during Decem- ber were mostly favorable. The foreign exchange market fell into a state closely akin to panic and further extraordinary declines in rates occurred on Great Britain, France and Italy to figures which before the war would have been deemed altogether out of the realm of possibilities; but even here striking recovery in proportion to the previous decline oc- curred during the latter part of the month. Further- more, both Houses of Congress passed the Edge Bill and the President later signed it. This measure pro- vides for the creation of banking corporations to engage in foreign banking business, and it is through these corporations that it is intended to furnish facilities for the extension of credits to foreign pur- chasers of American goods and thus overcome in some degree the influences mainly responsible for the continued decline in exchange. The money market again manifested symptoms of stringency. The further efforts to control specu- lative tendencies comprised two advances in dis- count rates by the Federal Reserve Bank of New York. ThefirstadvancewasmadeDec.il. Under the new schedules the rate on advances to member banks, for periods not exceeding fifteen days, on promissory notes secured by Treasury certifi- cates of indebtedness was increased from to 4H%i 011 fifteen-day advances, secured by Liberty bonds, Victory notes, &c., from M/ l to 4%%; on notes, drafts and bills of exchange, having a maturity of not exceeding 90 days, and secured by Liberty bonds or Victory notes, from 4 Yi to 4%%. The second advance was made Dec. 30 and the effect was to establish a rate of 4 %% for advances on all classes of paper and for all maturities except for agri- cultural paper of from 61 to 90 days maturity the rate for which was not changed from 5% . Another event of the month bearing upon the money market was a letter addressed by Governor Harding to the Chairman of each of the Federal Reserve banks asking him to get the different Clearing House Associations to send a representative to a conference to be held with officials of the Federal Reserve Board on Jan. 6 1920 for the purpose of modifying the rules con- trolling the rates of interest allowed by member banks on out-of-town deposits under which the rate so allowed rises as the 90-day rate for discounts at the Federal Reserve Bank rises. Governor Harding said that the Board wished to be free to approve such discount rates as it might deem necessary to bring about a proper control of credits, but it was anxious Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
Transcript
Bank and QuotationSECTION *' / ,
OF THE
C ommercial & F inancial ^ hrowicle.Copyrighted In 1920, according to Act of Congress, by WILLIAM D. DANA COMPANY. In office o f Librarian of Congress, Washington, D. O
VOL. 110. NEW YORK, JANUARY 3 1920. NO. 2845
Bank and Q uotation Section
The Bank and Q uotation Section. Issued monthly. Is furnished without extra charoe to every annual subscriber or the Chronicle.
The Railway and Industrial Section. Issued semi-annually In April and October. Is also furnished without extra charoe to every annual Chronicle subscriber.
Tho Railway Earnings Section Issued monthly containing the wrorn returns of earnings and expenses filed each month with the Inter-State Oommorco Commission, Is likewise furnished without extra charoe to every annual C hronicle subscriber.
The Electric Railway Section. Issued twice a year. In March and September, Is also furnished without extra charoe to every annual subscriber of the Chronicle.
Tho State and City Section will hereafter be issued semi-annually In Juno and December. It Is furnished without extra charoe to every annual subscriber of the Commercial & Financial Chronicle.
Tho Bankers’ Convention Section. Issued yearly, giving the detailed proceedings or the annual convention of the American Bankers Association, Is likewise furnished without extra charoe to Chronicle subscribers.
Terms for the Chronicle, Including the six supplements above named, aro Ten Dollars per annum within the United States, Thirteen Dollars (which Includes postage) In Europe, and $11 60 In Canada.
Fllo covers for the Chronicle aro sold at 80 cents each (which Includes postago). File covers for Supplements can bo had at same price.
CHICAGO OFFICE.—39 South La Salle Street.LONDON OFFICE.—Edwards Sc Smith, 1 Drapers’ Gardens, E. O.
WILLIAM B. DANA COMPANY, Publishers.Front, Pino and Dopeystor Streets. New York.
I N D E X
TO ADVERTISEMENTS OF BANKS AND TRUST COMPANIES
Atlanta, d a .— Pa<J«Atlanta National Bank— --------- 6
Baltimore, Md.—National Bank of Baltimore------0H ifo Deposit Sc Trust Co-------------6
Boston. Mass.—National Union Bank---------------- 2
Chicago, 111.—Chicago Trust Co........................... 8Continental Sc Oom’l Nat. Bk— 8Corn Exchange Nat. Bank------- 9Live Stock Exchange Nat. Bk__ 8National Bank of the Republic.. 8
Cincinnati. Ohio—Fifth-Third National Bank------2
Cleveland, Ohio—First National Bank_________ 7Union Commerce National Bk_7
Detroit, Mich.—First A Old National Bank------- 6Couple's State Bank..................... 0
Fort W orth. Texas—Fort Worth National Bank------6
Jersey City, N. J.—First National B an k ....
Los Angeles. Cal.—Oltlsens' National Bank.FlJst National Bank___
Milwaukee. Wls.—atlona Bank 7
New Orleans. La.—Whitney-Central Nat. B an k ... 6
New York, N. Y.—Chemical National Bank— . . . . 1Coal Sc Iron National Bank------1Farmers’ Loan Sc Trust Co------- 12Ilanovor National Bank-----------1Seaboard National Bank----------- 1
Norfolk. Va.—Norfolk National Bank................. 7
Paterson. N. J.—First National Bank--------- . . . . 1
Philadelphia. Pa.—Corn Exchange Nat. Bank------- 3First National Bank------------------4Fourth Street National B an k ... 3Franklin National Bank-------------6Girard National B ank-------------- 3Girard Trust Company-------— 4Market Street National Bank.. 3Philadelphia National Bank------4Tradesmen's National Bank------ 4
Providence. R. I.—Merchants’ National Bank.........2
„ St. Louis, Mo.—* National Bank of Com m erce... 6
9 San Francisco, Cal.—9 Anglo Sc London Paris Nat. Bk. 9
W orcester. Mass.—Merchants’ National Bank------- 2
REVIEW OF DECEMBER.Leaving out of consideration the money and the
exchange markets, the developments during December were mostly favorable. The foreign exchange market fell into a state closely akin to panic and further extraordinary declines in rates occurred on Great Britain, France and Italy to figures which before the war would have been deemed altogether out of the realm of possibilities; but even here striking recovery in proportion to the previous decline occurred during the latter part of the month. Furthermore, both Houses of Congress passed the Edge Bill and the President later signed it. This measure provides for the creation of banking corporations to engage in foreign banking business, and it is through these corporations that it is intended to furnish facilities for the extension of credits to foreign purchasers of American goods and thus overcome in some degree the influences mainly responsible for the continued decline in exchange.
The money market again manifested symptoms of stringency. The further efforts to control speculative tendencies comprised two advances in discount rates by the Federal Reserve Bank of New York. T h efirstadvancew asm adeD ec.il. Under the new schedules the rate on advances to member banks, for periods not exceeding fifteen days, on promissory notes secured by Treasury certificates of indebtedness was increased from to4 H % i 011 fifteen-day advances, secured by Liberty bonds, Victory notes, &c., from M/l to 4 % % ; on notes, drafts and bills of exchange, having a maturity of not exceeding 90 days, and secured by Liberty bonds or Victory notes, from 4Yi to 4 % % . The second advance was made Dec. 30 and the effect was to establish a rate of 4% % for advances on all classes of paper and for all maturities except for agricultural paper of from 61 to 90 days maturity the rate for which was not changed from 5% . Another event of the month bearing upon the money market was a letter addressed by Governor Harding to the Chairman of each of the Federal Reserve banks asking him to get the different Clearing House Associations to send a representative to a conference to be held with officials of the Federal Reserve Board on Jan. 6 1920 for the purpose of modifying the rules controlling the rates of interest allowed by member banks on out-of-town deposits under which the rate so allowed rises as the 90-day rate for discounts at the Federal Reserve Bank rises. Governor Harding said that the Board wished to be free to approve such discount rates as it might deem necessary to bring about a proper control of credits, but it was anxious
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14 MONTHLY REVIEW [Vol. 110.at the same time to avoid a disturbance of the whole banking situation such as would most likely result from an advance in the interest rate allowed on out- of-town balances by the New York Clearing House banks. The Board had sounded out the New York Clearing House Committee in order to ascertain how it felt regarding a modification of the present rule, and had been informed that the Committee was not disposed to act without some definite knowledge as to the course which would be pursued by the banks in other important centres. The Board had decided, therefore, to invite representative bankers from all parts of the country to meet in Washington on Tuesday, Jan. 6 1920, for the purpose of discussing the matter.
In other particulars noteworthy changes were generally for the better and in the direction of improvement. The President through the Attorney-General submitted a new plan for the settlement of the strike in the bituminous coal fields, which found immediate acceptance by the miners, since it offered not only the 14% increase in wages which the Fuel Administrator had offered, but a further advance in wages if a special commission to be appointed by the President should so decide, even though the effect should be to cause higher prices to consumers, which it was the special object of the Fuel Administrator to avoid. The plan was also accepted, though with some reluctance, by the operators, and accordingly the miners returned to work and the production of‘ coal, which previously had been proceeding at only about 50% of the normal, was resumed at nearly full proportions.
Hardly less important were the developments affecting the railroads. The Senate on Dec. 20 passed the Cummins Bill; and as the House had the previous month passed the Esch Bill the matter went to conference committees of the two Houses, there to be finally disposed of. Not only that, but late on Dec. 24 the President made known definitely his own course with reference to the termination of Government control of the roads. Under existing law, he has until 21 months after the official proclamation of peace by him within which to turn back the roads to private control, but he had announced last May when still in France in his special message to Congress which he had convened in extra session that the roads would be returned to their owners at the end of 1919. With the failure of Congress to enact the necessary legislation, providing for such return, there were grave apprehensions as to the consequences should the President now adhere to his determination. By his proclamation, the President relieved anxiety on that score. He fixed March 1 1920 at 12.01 a. m. as the date for the termination of Government control. In a statement given out by his private secretary, Joseph P. Tumulty, the President furnished the reasons that had prompted him to deviate from the date originally fixed. Mr. lum ulty said that the President having announced the previous May that the railroads would be handed over to their owners at the end of the calendar year it now became necessary to act by issuing a proclamation. He then added: “ In the present circumstances, no agreement having yet been reached by the two Houses in respect to legislation on the subject, it becomes necessary in the public interest to allow a reasonable time to elapse between the issuing of the proclamation and the date of its actually taking effect.” Two months were accordingly left for the purpose. The concensus of opinion was that the President had acted wisely and that the extra two months allowed was ample for the purpose inasmuch as the conference committees of the two Houses were already at work to adjust differences. The President’s action, therefore, was looked upon not only as clarifying an unusually perplexing situation but as offering the prospect of an early solution of it.
On the Stock Exchange, though weak intervals were not altogether lacking, there was no continuance of the decline which had been such a conspicuous
feature of the dealings in share properties during November and which then reached such, proportions that the month will always remain memorable m Stock Exchange annals. The month was one of distinct recovery in values, even though the market had its bad days, and the ease with which prices advanced furnished evidence that notwithstanding the serious collapse experienced in November the underlying strength of the market remained unimpaired; in other words, that it was still a bull market, retaining all the characteristics as such, and that the reverses encountered during November had served in no manner to undermine confidence, either on the part of Stock Exchange habitues or the general public in the enduring character of the bull movement or of the conditions on which it rests.
There were no excessively violent advances such as had marked the course of the bull fever before the crisis in November, albeit certain special stocks, more particularly the shares of the motor companies and a few of the steel stocks, enjoyed very substantial gams, and on more than one occasion moved sharply upward. Rather there was steady improvement (except on the occasions when monetary stringency again proved a deterring influence), the upward pace varying from day to day, attended at times by downward reactions, only to be followed by a resumption of the upward movement with the removal of the depressing circumstances of the moment. Altogether very appreciable gains were established during the month, offsetting to that extent the tremendous losses of the previous month. There were some favorable developments which helped along the recovery of prices, but there were also some of the opposite nature; these latter, however, arrested the recovery only temporarily or were altogether ignored. The enduring character of the market was apparent from the circumstance that it was easier to bring about advances than further declines. There was a resiliency which to the trained observer indicated unmistakably that, if left to lts5lf"Tthat ^ frecd from extraneous circumstances and bear pressure— its course would- be normally upward. The tremendous shake-up in November ( shake-down” would obviously be a more accurate appellative) had resulted in bringing about most thorough liquidation of weakly-held accounts and [of stocks being carried by parties easily scared. Accord- lnsly new attacks by operators for a decline were attended with only indifferent success and often involved substantial losses to those venturing the experiment. In this state of things the market was lett largely to the professional operators and these found it more profitable to conduct minor operations for a rise than for a fall.
Manipulations for higher prices on any large and extensive scale was out of the question, because of the state of the money market, and with manipulation for lower prices proving unprofitable business on the Exchange dwindled, and, barring a few days of special activity either in an upward or a downward direction, dealings until the latter part of the month fell most of the time below one million shares a day.In the closing days of December, however, great activity developed. Attempts on the part of bear operators, often urgent in character, to cover outstanding short contracts aided in sustaining the upward trend. During the first ten days of the month the recovery in prices may be said to have been steady and continuous, though in the aggregate the rise was not of very large proportions. This was the more ' noteworthy inasmuch as it marked a complete reversal of the market’s course up to the end of November, inducing skepticism as to whether the recovery would last. The upward reaction was also noteworthy because some of the unfavorable factors in the situation still continued actively in operation. The stringency in the money market had for the time being been in a measure relieved, but miners in the bituminous coal regions still refused to go back to work and the absence of needed supplies of fuel was
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Jan., 1920.] MONTHLY REVIEW 15
causing a cessation of industrial activity in many different lines. Foreign exchange rates on Great Britain. Franco and Italy were establishing new low records, and the Mexican situation continued to cause more or less anxiety. The Federal Government put into effect war-time restrictions on the consumption of coal, and arraigned some of the coal strike leaders for disobeying court orders requiring these leaders to cease their activities in promoting the strike. To guard against a possible coal famine, if curtailment of production should be prolonged, the running of many trains was abandoned and on Dec. 8 the entire country was put on light and heat rations because of the strike. In the Mexican troubles the State Department at Washington repeated its demand on Mexico that the American consular agent at Pueblo who had been arrested by the Mexican authorities on trumped-up charges of having connived at his own abduction be released, sending another sharp note to the Carranza Government withthat end in view. . .
Prices on the Stock Exchange continued to improve in face of all these adve'rse factors, thereby emphasizing the underlying strength. There were also some special adverse happenings. For instance, among the railroad stocks Delaware & Hudson on Monday, Dec. 1, suffered a severe break, dropping to 91% on that day against 101, the closing price the preceding Saturday, Nov. 29, and no special reason appeared for the decline; though some recovery from the extreme low figure occurred before the close of the day, it still left the stock down 6 points at 95. This incident, however, like others, received only passing notice and did not interfere with the upward progress of prices. Subsequently certain of the factors just mentioned changed for the better and now proved stimulating instead of retarding influences to recovery on the Stock Exchange. On Dec. 5 a great fillip was given to the rise by a sudden and unexpected upward flight in Southern Pacific stock on favorable news from Washington concerning litigation regarding the company’s oil lands. Announcement had come from Washington the previous night that Attorney-General Palmer had decided not to take an appeal from the decision rendered the previous August by the lower courts in the suit with reference to certain oil lands involving an aggregate of 160,000 acres. .
Another case, namely the Elk Hills suit, had gone against the Southern Pacific, but in this the quantity of land involved was only 6,000 acres, and in that case it had been shown that the company had knowledge that the land contained oil when it obtained its patents. In the present instance, the trial court had found that Southern Pacific officials did not know of the mineral character of the lands involved when patents were issued for the 160,000 acres involved. The Department of Justice now came to the conclusion that these facts could not be disturbed on appear and accordingly decided not to prosecute an appeal. The action had an electric effect on the company’s shares. The stock had closed Dec. 4 at 95%; the opening Dec. 5 was wild, the range running all the way between 101 and 109, with the closing price for the day 106%. There was apparently a wild scramble for the stock on the part of bear operators in the endeavor to cover outstanding short contracts. Naturally, this exercised a stimulating effect upon the general market. It also happened that announcement came on the same day of the release of the United States consular agent at Pueblo, William O. Jenkins. It was supposed at the time that the release had been in response to representations of our Government, but it subsequently appeared that Jenkins had been given his liberty on the unsolicited action of an American citizen who put up a trifling amount of bail which the Mexican court accepted with great alacrity. The American claimed to be actuated by a desire to prevent a rupture in the relations between the two Governments, and the Mexican court seemed only too glad
to relieve the situation in the same way at a time when it was threatening to assume a critical stage.
The news itself, along with the spurt in Southern Pacific stock, acted to strengthen the whole market, though by the close of the day general recessions in prices occurred on realizing sales and on another drop in foreign exchange. There was further improvement in prices the following Monday (Dec. 8) notwithstanding that the failure to adjust the coal miners’ strike had made it necessary to issue orders to put the whole country on light and heat rations in the consumption of coal.
The next day (Dec. 9) favorable news came concerning the coal strike. It appeared that President Wilson had offered a new plan of settlement of the strike which the miners had accepted. On Dec. 10 it was announced that the strike had been officially ended, the operators having also agreed to abide. But the stock market now had taken a downward turn, owing to further sensational declines in exchange and a renewed upward spurt in call money rates. On Dec. 9 prices sharply declined. On Dec. 10 there was considerable irregularity with the tendency still downward, while on Dec. 11 and Dec. 12, under the same influences, quite sharp and general declines ensued, a number of stocks making new low records for the year and thus reaching lower figures even than those recorded in the collapse during November. The railroad shares were particularly weak, owing to growing anxiety regarding the outlook for the carriers on account of the delay in enacting needed legislation for the return of the roads to private control. President Wilson had given notice the previous May that Government control of the roads would be relinquished with the close of the calendar year and it was now becoming apparent that the required legislation could not be completed by that time while to return the roads in the absence of proper Congressional provision for the contingency might have serious consequences. .
On Dec. 11 there was special weakness in the oil shares, particularly the Mexican issues, or, to be more specific, Mexican Petroleum and Pan-American Petroleum & Transport. This was due to the action of the Mexican Senate in passing the Oil Lands Nationalization Bill, which was looked upon by many as tantamount to practical confiscation of the properties. There were also reports that Carranza troops were impeding oil operations by preventing the drilling of new wells. On Dec. 11 also Canadian Pacific shares made a new low record for the year because of heavy selling from abroad. The stock declined on that day to 126% from 135%; earlier in the month the stock sold at 140% and in July it commanded 170%.
The downward movement, however, came to an end on Monday, Dec. 15. In the morning of that day the market broke heavily, the leading oil, steel and copper shares all suffering losses of one or more points and the railroad stocks also being weak. The copper shares had been a drag on the market for some time owing to the gradual drop in the price of the metal which during December got down to 18c. per pound. The decision of the U. S. Supreme Court on that day declaring the War Time Prohibition Law constitutional also served for the moment to accentuate the prevailing depression. Had the law been declared unconstitutional, a period of 30 days would have remained for the disposal of unsold stocks of whiskey before the going into effect of the Federal Prohibition Amendment and the matter was of considerable importance therefore to the companies concerned. United States Food Products shares were foremost among these. The stock opened at 80 as against 79%, the close the previous Saturday, but then declined to 77% on the belief that the law would be declared constitutional. It happened, though, that when the news began to appear on the ticker that a decision was being announced the impression got abroad (owing to the incomplete form in which the information was at first recorded on the
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16 MONTHLY REVIEW [Vol. n o .ticker) that the court, after all, had declared against the validity of the law, so room traders bid the stock up and it touched 81. With doubt dispelled as to the true nature of the decision, the stock quickly fell off and eventually dropped as low as 73; quick partial recovery, however, followed and the close was at 75%.
But the break on Dec. 15 marked the culmination of the downward movement; indeed, substantial recoveries occurred before the close of that day’s business. For the rest of the month until Dec. 29, when another jump in money rates again occasioned recessions, improvement in values was almost uninterrupted, aided by propitious incidents and happenings. Rates for foreign exchange, after the great decline the early part of the month, sharply advanced and the Edge bill passed both Houses of Congress and was signed by the President. Iron and steel prices moved up towards much higher levels and even copper met with a greatly improved demand, sales for large quantities being reported. But most important ot all was the greatly improved aspect assumed by the railroad situation. Sentiment became decidedly more cheerful in that regard and a feeling gradually gained ground that the prospects lor the railroads might not after all prove so dismal as feared. The President in his message to Congress at the beginning of the month had announced his intention of addressing Congress at a later date on the railroad question and a feeling grew up that the I resident could be depended upon not to take any rash action with reference to the return of the roads to private ownership notwithstanding his previous announcement setting a date for such return.
Accordingly the railroad shares manifested increasing strength and their upward movement carried the whole list along. On Saturday, Dec. 20, the Senate passed the Cummins Railroad Bill as a substitute for the Esch Bill, previously passed by the House of Representatives^ and this marked definite progress towards a solution of the problem, since the matter could now go to conference and the differences between the two Houses thrashed out. As a result of this action a sharp rise in the railway shares occurred on Monday, Dec. 22 and this carried the industrial properties along. Thereafter for the rest of the month until Dec. 29 the railroad shares manifested growing vigor in the face of call money rates as high as 15 and 18%. With the railroad shares moving up, the industrial list displayed even greater buoyancy and, as usual, the gains were of much larger proportions. After the close of business on Dec. 24 the President gave definite notice of his intentions with reference to the return of the roads. He had, as already stated, previously decided upon Dec. 31 as date of the return. But now it was announced that “ no agreement having yet been reached by the two Houses of Congress in respect to legislation on the subject it becomes necessary in the public interest to allow a- reasonable time to elapse between the issuing of the proclamation and the date of its actually taking effect.” Accordingly March 1 was fixed as the date for the proclamation to go into effect. This action was favorably interpreted and the market on Friday, Dec. 26 (after the intervention of the Christmas holiday on Thurdady, Dec. 25) reflected this leeling in further decided improvement, the railway shares and the steel and equipment shares all manifesting great strength. This strength again appeared in the dealings at the half-day session on Saturday, Dec. 27, though without any great further rise in prices. On Monday, Dec. 29, the upward movement was dealt a blow by call money rates of 25%, and prices yielded under the influence of that circumstance. On Dec. 30, though call money again got up to 25%, the market quickly steadied itself, and on Dec. 31 notwithstanding call money for the third successive day touched 25%, positive buoyancy developed under which prices moved up with great rapidity and the year closed with the leeling very confident and the bull movement
for which 1919 will always be noteworthy, in full swing.
It remains to be said that in the case of railroad bonds, with the outlook for decent and reasonable treatment of the railroads so poor, the lowest prices of the year were recorded in December in most cases— the lowest prices indeed in the long era of steadily leceding values for bond issues of all classes, and under which bond issues of the best type could be purchased to yield 5 and 6% . While there were special reasons for the low prices in the case of railroad bonds, in the impairment of railroad credit, the downward course was also influenced by the general trend towards lower prices on the part of bond issues in general. This means that the tendency vas to a higher rate of return on the investment. Government bonds did not escape the downward tendency of prices. Practically all the issues of Liberty Loan bonds with the exception of the First Liberty Loan 8%s, which carry tax exemptions to the juHost extent permitted under the law, reached the lowest figures of the year in December. The l1 ouith Liberty Loan 4)^S', for instance, got down to 91. Even the Victory Liberty Loan short term notes moved sharply towards lower figures, touching 98.80 for both the 4%s and the 3%s, the latter carrying the full tax exemption features. Only trifling recoveries, too, occurred from the low figures of the month and year, the Fourth Liberty Loan 4 Us closing Dec. 31 at 92.20, and the Victory Liberty Loan notes at 98.94 for the 4%s and 99.02 for the 3%s. The same remark applies to railroad and other bond issues; only unimportant upward reactions irom the extreme low figures ensued with the exception of the local traction bond issues or other issues more or less under a cloud, and which move in response to speculative considerations.
Municipal bond issues also tended strongly downward or, what is the same thing, towards a higher level of return. Thus the New York City 4%s of 1965 sold down in December to 9 9 % , with the quotation Dec. 31 9 8 % hid, 9 9 % asked. In the case of these municipal bonds a special depressing influence was the recommendation of Secretary of the Treasury Carter Glass that municipal bonds be deprived of their immunity from sur-taxes and other special exemptions and the introduction in Congress of a bill with that end in view.
VOLUME OF BUSINESS ON TH E STOCK EXCH AN GE Month o f Dee.— 1910. 1018 1017 \ o .nStock sales— ’ IUI7>
§ s 3 3 £ W SSforeign bonds.. 33.6-15.500 ____30.080,000 2-1,404,500 21.515,000
J a T w o K f - $076-700-3S0 *384.223.000 ~ T 7 l2 .107 .< ^ “ $05,705,000Stock sales—
Total bond sales $3,809,002,050 32.002,827,000 SL050,54.3.250 $1,140,851,050
In the money market there was renewed tension, reaching the proportions of actual stringency in the call loan branch. In the early part of the month there was little indication of this. On Monday, Dec. 1, the high figure for call loans was 7% and in the remaining days of that week the rate did not get above 6% , with renewals entirely at the latter inT,ie■ P n Dec. 8, however, there was a jump to
. % aiul the next day a further advance to 12% with renewals made at 9% , while on Dec. 12 there was a spurt to 15%. The next week pressure appeared to be in a measure relieved and renewals the first three days were at 7% and the next two days nt 9/0. The Clearing House return for Dec. 20, however, showed that reserves which had been dwindling for some weeks had now become exhausted and for the fourth time during 1919 the Clearing House institutions had to report an actual deficiency below the reserve requirements. On Nov. 29 surplus
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Ja n ., 1920. MONTHLY REVIEW 17
reserves of $71,333,170 had been reported; on Dec. 6 this was reduced to $53,283,030 and on Dec. 13 to $28,223,060, while on Dec. 20 instead of a surplus there was a deficit of $12,320,830. This deficit did not possess as much significance as might have been supposed, inasmuch as the Federal Reserve Bank of New York in its weekly statements was recording almost corresponding improvement. In other words, what had happened many times during 1919 was again occurring, that is, the Federal Reserve Bank was strengthening its own position, but was doing this at the expense of the member institutions. The event did possess a distinct significance nevertheless in that it was an indication of the policy being urged by the Federal Reserve Board at Washington and being carried out by the Federal Reserve banks, namely that of insisting that member banks must diminish their borrowings at the Reserve banks. The deficit of reserves in the Clearing House return of Dec. 20 grew out of the circumstance referred to, being due entirely to reduced borrowings by the Clearing House banks at the central institution.
However viewed, it was evident that the situation was a tense one, and this was reflected in the further climb upwards in call loan rates the following week. On Monday, Dec. 22, loans were made at 15%, and on Dec. 23 the high figure got up to 18%, while even 12% had to be paid for renewals. The bank statement the following Saturday (Dec. 27) showed considerable improvement, and instead of the deficit of Dec. 20, surplus reserves of $8,232,540 were reported. This, however, simply meant that these institutions had again enlarged their borrowings at the Reserve Bank, and as a result the condition of the latter again afforded cause for anxiety. The ratio of cash holdings to deposit liabilities and Federal Reserve notes in circulation was only fractionally above 40% after counting not alone the gold holdings but legal tenders and other forms of cash. It appeared, moreover, that the local Reserve Bank had added $46,774,000 to its outstanding Reserve note issues in actual circulation in two weeks, the other Reserve banks also greatly increasing their Reserve note issues.
Extensive preparations were being made for the customary large first of January interest and dividend payments. The banks as a consequence were having recourse to the facilities of the Federal Reserve banks, which on their part wTere in no position to do this except by weakening their reserve position. On Monday, Dec. 29, call loans commanded as high as 25%, and this figure was repeated on Dec. 30 and Dec .31, the renewal rates on these three days being, respectively, 10%, 15% and 15%. The New York Federal Reserve Bank on Dec. 11 made some further fractional advances in its rates of discount, these being with a view to reducing borrowing on war paper, the advances being entirely confined to loans of this character, as narrated elsewhere. On Dec. 30 the New York Bank made still another advance, the effect of which was to establish a rate of 424% for advances on all classes of paper and for all maturities except for agricultural paper of from 61 to 90 days maturity, the rate for which was kept at 5% .
With call loans now up to 25%, the Federal Reserve Board, which had been repeatedly uttering warnings against the use of the facilities of the Reserve banks for speculative ends, again deemed it incumbent tD bestir itself and on Dec. 29 the announcement came from Washington that at the instance of Governor Harding a conference was to be held on Jan. 6 1920 by officials of the Federal Reserve Board with representative bankers throughout the country, a circular letter having been sent to the Reserve banks with that object in view. Nominally the matter to be discussed is the subject of the rate of interest allowed by the banks on out-of-town accounts, but it was recognized that this would be only a prelude to the discussion of the monetary situation in its broader aspects.
The stringency in the local money market continued right up to the close of the year, and was not
altogether confined to the call loan branch. Time loans were practically unobtainable throughout the month, and indeed it was claimed that this intensified the stringency in the call loan branch. It was said that many time loans had run out, and as these could not be renewed or extended, recourse had to be had to the call loan market, making the tension there still more acute. At the close of the month 7 @ 7 ^ % was bid for time loans for all periods of maturity from 60 days to 6 months, with little response from lenders. This has reference to loans on ordinary mixed collateral. On exclusively industrial collateral the bid was 8@ 8)4% - Very little business in either class of collateral was put through, the market being practically at a standstill. Commercial paper rates remained nominally at 5 % @ 6 % for sixty and ninety days endorsed bills receivable and six months single names of choice character, with most of the business done at 6% . Names less well known required 6% .
R A TE S FOR M O N E Y IN N EW Y O R K . W E E K L Y .W eek en d in g— D ec . 5. D e c . 12. D e c . 19. D e c . 26
C all L oa n s at Stock E xch an g e—Itango lor weok (mixed collateral)_______ - - 5 X - 7 6-15 5-9 7-18Week's avorage (mixed collateral)........... .. . . m 8 G A 9 HRango for week (all Industrial collateral)-- - - 5 M - 7 6-15 5-9 7-18Week's average (all Industrial collateral). - - G H 8 6 'A 0»A
T im e L oa n s* (.M ixed C olla tera l)—Sixty days________________________________ . . 6-7 6-7 6-7 6-7Ninety days------------------------ --------------------- 6-7 6-7 6-7Four months____________________________ „ 6-7 6-7 6-7 6-7Five months______________________________ . . 0-7 6-7 6-7 6-7Six months----------------------------------------------- . . 6-7 6-7 6-7 6-7
C om m ercia l P a v er—Double names— Choice 60 to 90 days____ — 5 ^ -6 5M-6 5 ^ -6 5?4-6Single names— Primo 4 to 6 months____ - 5 J i - 0 5 H -G 5 M-6 5 ^ -6
— Good 4 to 6 months_____ . . 6 6 6 6
* Time loans on exclusively Industrial collateral havo ruled from M to 1 Ml % higher.The foreign exchange market was utterly demoral
ized under further startling declines in rates. The collapse was so complete that the market the early part of the month may be said to have been in a state closely bordering on panic. Heavy selling of bills both for domestic and foreign account figured conspicuously in the weakness. Conditions were so unsettled that rates quoted by the different institutions doing a foreign exchange business were frequently wide apart. Sterling demand bills again dropped below the $4 mark on the very first day of December and on Dec. 3 touched $3 84)4; a recovery Dec. 4 was followed by a renewed drop Dec. 5 to an even lower level—to $3 84)4. But this was hardly a circumstance to the further downward slide day by day the next week until on Dec. 12 demand bills were quoted at the phenomenally low figure of $3 65)4- New low records have so repeatedly been established throughout 1919 that it is almost needless to say that these are unheard-of figures and wholly without precedent— indeed figures so diminutive that before the war they would have been regarded as wholly beyond the pale of probabilities.
Aside from the extreme depth reached the drop in the quotation from $3 9924 Dec. 1 to $3 65)4 on Dec. 12 furnishes evidence of the acute demoralization prevailing. It is perhaps not surprising in view of this demoralization that quick and equally sensational recovery should have followed, so that by Dec. 17 the rate was back again to $3 91)4- This recovery was not maintained and two days afterward, Dec. 19, the price was back to $3 7124- A new period of recovery followed which was pretty well maintained for nearly a week when weakness once more supervened. A letter from Carter Glass, the Secretary of the U. S. Treasury, to Chairman Fordney of the House Ways and Means Committee, urging the extension of credit to the needy countries of Europe to “ save civilization,” played some part in the rally, as also did the passage of the Edge Bill, which authorizes the creation of banking corporations to engage in foreign banking business. However, the pressure of bills far in excess of the demand brought renewed weakness and on Dec. 31 the rate for demand bills again got down to $3 75.
Rates on France and Italy shared in the demoralization at the beginning of the month and the French franc and the Italian lire suffered further severe breaks, outdistancing all previous low records unparalleled though these had been. Bankers’ checks on Paris dropped from 9.85 francs to the dollar on
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
18 MONTHLY REVIEW [Vol. 110.
Dec. 1 to 11.84 francs to the.dollar Dec. 10. Here also there was noteworthy recovery, followed by renewed decline, and then recovery once more, with weakness at the close, the closing quotation Dec. 31 being 10.90 francs to the dollar. The Italian lire also suffered another drop with the effect of breaking all previous low records—followed then by an irregular period of recovery. The rate on checks dropped from 12.30 lire to the dollar Dec. l .to 13.60 Dec. 11 with the close Dec. 31, 13.27. The German mark and the Austrian crown also touched new low levels, the mark for checks getting down to 1.87 Dec. 9 with the close Dec. 31 at 2.03 while the Austrian crown was quoted at only 0.51 cent Dec. 9, with the close Dec. 31, 0.58 cent.
Trading in exchange on the former neutral centres was slight throughout the month. Swiss francs on sight bills were quoted at 5.48 francs to the dollar Dec. 1 from which there was a rise to 4.97 drancs to the dollar Dec. 9. On Dec. 13 the quotation was [email protected] and Dec. 31 it was 5.62. The range for Dutch guilders was 3 8% cents Dec. 2 to 37 cents Dec. 19, with the close Dec. 31, 37% cents. Spanish pesetas for checks ranged between 20.10 cents Dec. 6 and 18.80 cents Dec. 13, with the close Dec. 31, 19.20. Rates on the Scandinavian centres followed the course of sterling and French exchange the early part of the month and also in the subse quent rally. Checks on Denmark dropped from 19.90 cents Dec. 1 to 17.30 cents Dec. 13, and were 18.82 cents at the close. Checks on Sweden dropped from 22.25 Dec. 2 to 20.50 Dec. 12, and closed Dec. 31 at 21.25 cents. Checks on Norway were 21.45 Dec. 1; 19.40 cents Dec. 13, and 20.25 cents Dec. 31.
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R ATE S OF E X C H A N G E ON C O N T IN E N T A L C E N TR E S.
K r o n e r K r o n e r K r o n e r R eich sm ark s
B a n kers ’ B a n k ers ’ B a n k ers ’ B ankers'Checks C ables C hecks | C ables C hecks | C ables C hecks | C ables
1____ 19.90 20.05 22.20 22.35 21.45 21.60 2.33a2.44 2.35a2.462 ____ 19.85 20.00 22.25 22.40 21.35 21.50 2.27a2.38 2.29a2.403 ____ 19.85 20.00 21.95 22.05 21.20 21.35 2.22a2.23 2.23a2.254 ____ 19.10al9.5C 19.25al9.65 21.75 21.90 20.80a21.00 20.95a21.15 2.23a2.33 2.25a2.355 ------ 19.15 19.30 22.00 22.15 21.20a21.35 21.35a21.50 2.10a2.25 2 .12a2.236 ____ 19.05 19.20 21.85 22.00 21.10 21.25 2.08a2.12 2.10O2.147 - _— SUN D A Y SUN D A Y SUN D A Y SUN D A Y8 ____ 18.75 18.90 21.70 21.85 20.45 20.65 1.96a2.07 1.98a2.099 ____ 18.05al8.45 18.20al8.60 21.35a21.60 21.50a2l.75 20.45a20.50 20.60a20.65 1.87al.95 1.89al.071 0 ____ 17.80al8.10 18.05al8.25 20.85a21.00 21.00a21.15 19.85a20.10 20.00a20.25 1.96al.99 1.98a2.011 1 ____ 17.60 17.75 20.75a20.85 20.90a21.00 19.70 19.85 1.96a2.06 1.98a2.081 2 ____ 17.70 17.85 20.50a20.60 20.60a20.75 19.65 19.85 2.03a2.08 2.05a2.101 3 ____ 17.30al7.60 17.45al7.75 20.50 20.65 19.40al9.50 19.55al9.65 2.07«2.03 2.09a2.101 4 ____ SUN D A Y SUN D A Y SUN D AY SUN D A Y1 5 ____ 17.50al7.65 17.65al7.80 20.70a20.95 20.85a21.10 19.60al9.90 10.75a20.05 2 03a2.08 2.05a2.101 6 ____ 17.65 17.80 20.75 20.90 19.70 19.85 2.08a2.18 2.10(12.201 7 ____ 18.00al8.30 18.15al8.45 21.00a21.45 21.15a21.60 20.00a20.50 20.15a20.65 2.08a2.15 2.10a2.131 8 ____ 18.05al8.20 18.20al8.35 21.30 21.45 20.50 20.65 2.04a2.05 2.06a2.071 9 ____ 18.10 18.25 21.00a21.10 21.15a21.25 20.15a20.30 20.30a20.45 2.01(12.04 2.03(12.062 0 ____ 18.35 18.50 21.20 21.35 20.20 20.35 2.08O2.10 2.10a2.122 1 ____ SUN D A Y SUN D A Y SUN D AY SUN D A Y2 2 ____ 18.75al8.90 18.85al9.05 21.45a21.65 21.60a21.85 20.50a20.65 20.65a20.85 2.08a2.11 2.10O2.132 3 ------ 18.85al8.90 19.00al9.05 21.65 21.85 20.50a20.65 20.65a20.80 2.06a2. 10 2.08a2.122 4 ____ 18.95al9.00 19.10al9.15 21.55 21.70 20.55 20.70 2.06a2.10 2.08a2.122 5 ____ HOLI D A Y HOLI D A Y HOLI D A Y HOLI D A Y2 6 ____ 18.85 19.00 21.50 21.60 20.50 20.60 2.06a2.08 2.08a2.102 7 ------ 18.80al8.85 19.00 21.60 21.70 20.50 20.60 2.08a2.10 2.10a2.122 8 ____ SUN D A Y SUN D A Y SUN D A Y SUN D A Y2 9 ____ 18.80al8.85 19.00 21.40 21.55 20.40 20.55 2.04a2.08 2.06O2.103 0 ------ 18.95 19.10 21.35 21.50 20.25 20.40 2.02a2.06 2.04a2.083 1 ____ 18.82 18.90 21.25 21.40 20.25 20.40 2.01a2.03 2.0302.05
New York Stock ExchangeM O N T H L Y A N D Y E A R L Y R E C O R D
The following tables furnish a complete record of the New York Stook Exchange transactions for the past month and tho year 1919. They need no extended introduction, as they are self-explanatory. The tables embrace every seourlty (excepting only State bonds) dealt in on the Exchange. W e give bonds first, using the classification adopted in tho offioial list. The black-faced letters in the column headed “ Interest Period” indicate in each case the month when the bonds mature.
In accordance with the rule adoptod by the Now York Stook Exchange in 1909, all quotations for interest-paying bonds are at a price to which aoorued interest must be added. The exceptions to the rule are inoomo bonds and bondi on which intorest is in default. This method of'quoting bonds became effective January 2 1909.
For footnotes to tables see last page of bonds and last page of stocks.
BONDS—PRICES AND SALES FOR DECEM BER AND FOR THE YEAR 1919.
BONDSN Y STOCK EXCHANGE
U S Governm ent SecuritiesFirst Liberty Loan
3Vis 1st 15-30 year..1932 -’47 Second Liberty Loan
4s 1st I. L conv____1932-’474s 2nd L L_________1927-'42
Third Liberty Loan4 Vis 1st L L conv___1932 '474 Vis 2 nd L L conv__1927-’424 Vis 3rd L L .................. 1928
Fourth Liberty Loan4 Vis 1st LI.2 nd conv 1932-'474 Vis 4tll I. L _______ 1933 '38
Victory Liberty Loan4 Vis conv g notes__ 1922-’ 233Vis conv g notes__ 1922 ’23
New York State— 4s______1901Highway I nipt 4 Vis----- 1903Highway linpt tVis___ 1905Canal Improvement 4 8 . . 1 9 0 1 Canal Improvement Is .. 1902 Canal Improvement 4 s .. 1900Canal Improve’ t 4 Vis__ 1904Canal Improve’ t 4 Vis— 1905Foreign G ov’ t Securities
Anglo-French 5-year 5s-------Argentine— Internal 5s of 1909 Bordeaux (City of) 15-yr 0 s .1934 Imperlul Chinese Govt—
Hukuang Ity sterling 5s. 1951 Rep of Cuba 5s ext debt. . . 1904
os ext debt ser A of 1914 19494 Vis external loan______ 1949
Dominion of Canada g 5 s .. 1921Do d o .............. 1920Do d o.............. 1931
Imp Japanese Govt— £4 Vis 19252d series 4 Vis-----------------1925
do German stamp...........Sterling loan Is_________1931
Lyons (City of) 15-year 0s. 1934 Marsollles(Clty of) 15-yr 0s 1934 H 8 of Mexico external gold
loan of 1899 sinking fund 5s4s gold debt of 1904------ 1954
Paris (City of) 5-year fls.. . 1921 Prov of Alberta doben 4 Vis 1924Tokyo City loan of 1912 5s------United King of Gt Brit A Irel’d
5-year notes 5 Vis_______ 192120-year gold bond 5Vi8..193710-year conv 6 Vis______ 19293-year conv 5V is..N ov 1922
knllrond Itouds Alabama Mid. See At Coast L Albany A Susq. See DelAHud Allogh A West. See Buff It A 1 Am Dock A Imp. SreCoutof N .1 Ann Arbor 1st g Is.-July 1995 Atch Top A S F— Gen g 4s. 1995
Registered......... .............1995Adjustment g 4s__ July 1995
Registered______July 1995Stamped ________ — 1995
50-year conv gold 4s____1955Conv 4s Issuo of 1910___ 1900East Okla Dlv 1st g 4 s .. 1928 Rocky Mt dlv 1st 4s A . . 1905Short Line 1st 4s gold__ 1958Cal-Arlz 1st A ref 4V is.. 19025 Fe Pres A Phe 1st g 5s. 1942
Atlan Knoxv A No. See L A N Atl Coast L 1st g 4s..July 1952
General unified 4Vis____1904Ala Mid 1st guar g 5 s . . .1928 Brunaw A W 1st gu g 4h. 1938
Int.Perio d .
J - D
QQQ-tQQ
S a les in Y ea r 1919.
A - O M- 8 M - N
J - D M - S F - A F - A A - O A - O A - O F - A J - J
J - JM - N M - NQ - J J - D A - O F - A M- SM - NF - A F - A F - A
Q - J A - O A - O Nov Nov
M -N J - D J - D M- S J - J J - J M- 8 M - SM - S J - D M - N J - J
lOOVi Aug. 21 100M May 10 106Vi Oct. 20 98 Vi Mar. 7 99Vi Sept. 11
Mar. 28 Mar. 28
100 Nov. 6 99 Vi June 9 99 Sept. 25
lOOVi Nov. 24
97Vi Jan. 31 93 Jan. 11 92Vi Nov. 2872Vi Mar. 4
100 Apr. 22 93Vi July 18 85 May 28 99 Vi July 1698 Vi June 9 98Vi June 26 02Vi Mar. 27 93 Apr. 3 89 Feb. 27 80Vi May 28 02Vi Dec. 24 92Vi Nov. 2459Vi Mar. 8 61 Mar. 12
lOOVi Feb. 20 93 Feb. 17 83 Jan. 1199 Vi May 17
101 Vi Jan 2 96Vi Nov. 10 98Vi Nov. 10
58 Mar. 2485Vi Jan. 4 82 Mar. 11 80Vi Jan. 2779Vi Jan. 26 77 Jan. 3
102Vi June 0 92 Vi Jan. 22 76 M ay 23 81 Jail. 2 85 Jan. 20 95 June 2585Vi Jan. 6 88 Jan. 4 98Vi June 6 80 Oct. 1
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
30 BONDS—STOCK EXCHANGE RECORD [Vol. 110.BONDS
Y STOCK EXCHANQES a les in
Y ea r 1919.
i'antlc Coast Lino (Con.)—Charles A Sar 1st g 7s..1930 L A N collat gold 4s.Oct 1902 2av Fla A W 1st g 0s... 1934
1st fold 6a.................1934XIIan A Dany. 8 ee South’n Ry last In A N W. S et So Pacific
99alt A O—Pr lien g 3%s_1925® Registered______________
80-year convert 4%a___1933Refund A gen 0s ser A .. 199010-year temp 6a________ 1929Pittab June 1st g 0a___ 1922Pitta Jet A M D 1st g 3%s ’25 PLEAWVaSys ref g 4s. .1941 3 W Dlv 1st gold 3 %a. . 1920 C O Reorg 1st con g 4%s 1930 Clev Lor A W con 1st g 0s ’33 Ohio River RR 1st g 0s.. 1930
General gold 0s______ 1937Pitts Clev A Tol 1st g 0s. 1922 stat Isl Ry 1st gu g 4%8.1943 Tol Cln 1st A ref 4s Ser A1959
’Seech Creek. See N Y C A H R Jallev A Carond. See 111 CentBolivia Ry 1st 0s________1927 J - JA ran a A West. S ee Atl Coast L
R A P gen g 0s..........1937 :Consol 4%«___________ 1907Allegh A West 1st g gu 4s ’98 .Cl A Mah 1st gu g 0s___1943 .Roch A PlttBb 1st g 0S..1921
Consol 1st gold 0s___ 1922 ,Sail C R A No. A « C R I A Pac
Ca n Sou con guAOs____ 1902Registered__________ 1902
3hlb A Shawn. See 111 Central Carolina Cent. S ee Seab Air L Caro Clinch A Ohio 1st 0s. 1938J - TiarthageA Ad. Sh N Y C A H ’Sad R I i F A N . S m B C R A N .ifantral Branch. See Mo Pacific HantraX Ohio. See Balt A Ohio ®*nt of Ga— 1st g 0s.Nov 1940 F -
Consol gold 0s_________ 1940 M-Registered------------- 1945 M - N
SO-yr temp secnlod S3 — 1929 Chat Dlv pur money g 481951 Mac A Nor Dlv 1st g 5s. 1940 Mid Ga A Atl Dlv 0S...1947Mobile Dlv 1st g 0s___ 1940
C a n RRAB of Ga—Col g 081037 Central of N J—Gen g 0S..1987
Registered_____ July 1987Am DockAImp Co gu 0S.1921 Leh A H R gen gu g 0s.. 1920N Y A L Br gen g 4s___ 1941
Dantral Pacific. S ee So Pac Co XJent Ver 1st gu g 4s.May 1920 iflhea A O—Fund A Imp 0s. 1929
General gold 4%s______ 19 9 2Registered__________ 1992
80-year convertible 4%s.l930 80-yr conv 0s secur bonds 1940Big Sandy 1st 4s_______ 1944Coal Rlv Ry 1st gu 4s..1945Craig Valley 1st g 0s__ 1940Potts Creek Br 1st 4s. __ 1940 & A A Dlv 1st con g 4S..1989
2d con gold 4s_______ 1989,Warm Spr Val 1st g 0s. 1941 Greenbr Ry 1st gu g 4s. 1940 :
Side A Alt RR—Ref g 3s.. 1949 A - 1 k a ilw a y 1st lien g 3%g_.190O
4s lolnt bonds. S ee Grt NorGeneral 4s____________ 1958
8hic A E Ill-Ref A impt g 4s ’05Trust Co ctfs of deposit____1st cons gold 0s________ 1934General cons 1st 0s____ 1937
Registered__________19D 8 M A Tr Co ctfs dep.
do do stamped Guar Tr Co ctfs of dep..
Par money 1st coal 08.-1942 Ch A Ind Coal Ry 1st 0s. 1930
Chic Gt West— 1st 0O-yr 4S1959 M - S 2,088,000|
Ohio Ind A Lou—Ref g 6s. 1947 ,Refunding gold 5s_____ 1947 .Refunding 4s Series C..1947,Ind A Loulsv 1st gu 4s.. 1900
Chic Ind A Sou—50-yr 4s. 1950 ,Okie L S A East— 1st 4%s.l909 Chic Milw A St Paul—
Gen g 4s Ser A___ May 1989 ,Gen g 3%s Ser B..May 1989 ,General 4%s Ser C.May 1989 ,Gen A ref ser A 4%s Jan 2014 Gen ref conv ser B 0s Jan 2014Convertible 4%s_______ 1932Permanent 4s_________ 192610-year debenture 4s__ 1934 ,Ch A L Sup Dlv g 0s___ 1921Ch A Mo Rlv Dlv 58... 1920 ,Chic A P W 1st g 08___ 1921O M A Puget S 1st gen 4s 1949 ,Dubuque Dlv 1st s f 6s. .1920 ,Fargo A So assum g 0s. .1924 J MU A Nor 1st ext 4%s..l934 J
Couaext4%s. ____1934 JWlacA Minn Dlv g 5s..l921|J WIs Val Dlv 1st s f 6s__ 19201J
80*" 85 j 06% 71------- 76%76% 8670% Sale 00 Salo 77 Salo 50 Sale 00% Sale 67% Salo 69% Sale 50% 57%____ 90___10097 Sale 63 Salo------ 97%___ 100%80 80%79% 89 95% Sale100
45% Dec. 23 29% Dec. 12 95% Sept. 24 71% Aug. 2080% Aug. 2779% “ ‘90%90% Oct.
Sept. 23 Nov. 25
1670 Aug. 22 21 Dec. 20 20% Dec. 19 98 July 25 71% Nov. 803% Dec. 29 00 Fob. 17 75 May 22
51 Dec. 1898% Aug. 27 85% June 1960% Apr. 21 70 June 12 83% July 364 Dec. 57 Sept. 07% Dec. 54 Dec. 01% Dec. 02 Dec. 07 Dec. 50 Dec. 90% Nov. 93 Oct. 90 Oct. 00 Dec. 99% Aug. 09% Aug. 88% Mar. 78 Oct. 95% Dec. 99 Jan.
91% Jan. 10 90 July 21
105 Jan. 3 102 Aug. 23
July 20
65 Jan. 11 93% Jan. 10 99% Jan. 083% Jan. 9
03 Jan. 10 40 Jan. 14 99% M ay 23 70% M ay 1485% Jan. 9 79% Sept. 23 93% Jan. 10 90% Oct. 1083% Jan. 0 30 July 28 30% May 27
104 Feb. 20 80 July 1780 July 21 69 Jan. 14 78 July 18
03% May 10103% July 205% ’ “85% June 1963 May 17 81 May 980 Oct. 9
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
Ja n ., 1920.] BONDS—STOCK EXCHANGE RECORD 21
B O N D SN Y STOCK EXCHANGE
I n t .P e r io d .
S a les in 1 Y ea r 1919. |
P r ic e a bou t P R I C E S I H D E C E M B E R . H A N O E FO R Y E A R 1919.J a n . 2 - 1919. D e c . 1. | D e c . 31. 1 L o w es t. H ig h es t . L o w est. H ig h es t .
Chicago <fe North Western—■■ - A *41,000,
20,000255.000
5.000479.000
24,000;,119,000
5.000
191 .........
3id . A s k . E 89 .........
'id. Aslfc. 8954 90
Sale P r ic e s .88 Dec. 11
S ale P r ic e s .89 Dec. 26
Sale P r ic e s . 88 Dec. 11 92 Oct. 21
S ale P r ic es . 93 Aug. 6 92 Oct. 21A
vl- Ni - F VI-N VI— N
90 94 70 72
89General, gold, 354a--------11)87 66 J4 69 O6 V4
68 Sale 0 0 Dec. 3 69 54 Dec. 10 6354 Aug. 26 69 Mar. 20
7354 Mar. 5 7054 Apr. 9
General 4s_____________ 1987 79 8254 . . . 8254
78 Sale ......... 78
7854 Sale ____ 7854
76 Dec. 9 76 Dec. 9
78 54 Dec. 16 7754 Dec. 24
75 Aug. 1276 Dec. 9
8354 Apr. 21 7854 N ov. 25 01 Feb. 19
108 Oct. 25General 5s stamped____1987Sinking fund 6 s . . . 1879-1929
VI- N V — o
too . . . 1 . 96 Sale 9 7 54 9 7 54 95 54 Dec. 8 9754 Dec. 16 9554 Aug. 29109 0154 102 10154 Apr. 8
Sinking fund 5 s . . .1879-1929 V - o 23,000. 9 7 5 4 _____ _____104 97 104 96 54 Dec. 24 9654 Dec. 24uegidiereu______ 1 8 /y -iu z j
9654 Feu. 14Sinking fund deb fls____1933Registered___________1933
38,000. _____ 9896 5 4 -------
9 0 5 4 9191 .........
9 0 5 4 9 1 5 4 9054 Dec. 30 91 Dec. 2 90 Sept. 2
Des Pines Val 1st gu 4 Us 1947 St P East Gr Trk 1st 4& s ’47 Frem Elk A M o V 1st 6s. 1933 Man GBANW 1st gu 354* ’41
VI- sJ 2,00010,000
77 5 4 ......... 8054 .........80 80 . . . . . 87 Mar. 22 87 Mar. 22
n o .........110 103 N ov. 5 109 Jan. 21J - J
Mllw A S L 1stgu354a.. 1941 M L S A West 1st g 6a .. 1921
Ext A Imp s f g 6s____1929Ashland Dlv 1st g 6s. 1925 Michigan Dlv 1st g 6s. 1924
Mil Spar A N W 1st gu 4s 1947
J - J IVI-N 7,665
7.0006.000 6,000
143,000
6254 ------- 99 54 ......... 10054 N ov. 6 1 0 1 M ay 2891 _____ 96 N or. 10 99 Jan. 19
fwi- s 10.W 100 98 10154 1 0 0 1 0 0 5 4
LOO Sept. 20 104 Apr. 14IQfr 100 101 % Aug. 13 104 M ay i
M - s 80Ji 90 74 54 Sale 87 54 92
7454 80 89 91
7354 Dec. 12 7554 Dec. 17 7354 Dec. 12 93 Feb. 26
7854 Feb. 17 98 Apr. 8
Chic R I A Pacific gen g 4s. 1988 J - J 855,000 _____ 80 7154 Sale 7554 Sale 69 Dec. 13 76 Dec. 31 69 Dec. 13 7654 May 15
7954 Mar. 11 7 6 54 May 15 7654 Jan. 3 72 Jan. 39 98 Jan 3
J JRefund gold 4s-------------1934R I Ark A L 4 H 9 rec.._1934
A - O M - S
5,999,666585,000
76 Sale 7054 Sale
6554 Sale 6254 Sale 8854 90 0 2 1 4
67 Sale 62 54 Sale9054 93
6454 Dec. 3 60 Dec. 22
6754 Dec. 31 63 Dec. 8
64 54 Dec. 3 60 Dec. 22 90 Aug. 25
C R I F A N W g u g 5 s ..1921 i]ooo 9754 9854 9254 ......... 9754 Fet>. 14 9754 Feb. 14M & HI \j 181 gU g 1UZ/Choc Okl A G Consol Os. 1952 Keok A Das M 1st 5 s ...1923 St P A K C Sh L 1st 4 % a 1941
Ohio S t L A N O . S ee 111 Cent Chic St L A Pitts. S ee Penn Co CMc St P M A 0 cons 6s. _ 1930
M -N A - O F - A
J - D
6,55593,000
324.000
167.000
Q2 80 89......... 6865 66
10454 Sale
80 8965 Sale 71 Sale
10754 111
65 68 6354 66
105 107
65 Dec. 17 63 Dec. 18
10454 Dec. 1
65 Dec. 1866 Dec. 11
105 Dec. 17
65 Jan. 2 63 Dec. 18
104 Sept. 5 8254 Oct. 14
7054 May 24 71 Jan. 2
108 June 14 88 June 10Court 0d* reduced to 3 ^ s 1930
Debenture 53-.................1930North Wisconsin 1st 68.1930 Superior S L 1st 5s.Juno 1930
Chic T H A S’east 1st 5S...1960 Chic A W I gen g 6s Doc 1932
Consol 50-year 4s______ 1952Choc Okl A G . S ee C R I A P Cln Ham A D 2d g 4543---1937
Cln Fin A Ft W 1st gu g 4s ’ 23 Day A Mich 1st con 454s 1931
Cln Ind St L A C . S ee CCCAStL Cln San A Clev. See CCCAStL Clearfield A Mahon. S ee BRAPO C C A St L g on g 4s_____1993
20-yoar debenture 4548-1931Gen 5s Series B ________ 1993Cairo Dlv 1st gold 4s__ 1939Cln W A M Dlv 1st g 4s. 1991 St L Dlv 1st coll tr g 48.1990
M - S J - J M - S J - D Q -M J - J
J - J
431666 9 7 Sale 104 _____
......... 885410154.........
8054 8754 8754 Dec. I l 8754 Dec. I l 8754 Nov. 26 97 Jan. 2
0,66547,000
1,058,000
- - - - 80 ......... 80 58 M ay 8 67 54 June 2710254 10454 64 54 Sale75 .........
71 -------- _____100 99 54 May 1 84 Oct. 3 8254 Sept. 14 9354 Mar. 4
107 FeD. 17 7654 Nov. IS
82 7854 84 8254 Sept. 25 8254 Sept. 24
Cln S A Cl cons 1st g 53.1928 C C C A In gen con g 6s. 1934 Ind B1 A W 1st prof 4s. .1940
6,00015,0001,000
09 .% 9 0 5 4 . 8854 95 10154_____
93 Apr. 25107 1 hi 10254 Oct. 21
A - O 72 ......... 75 ......... 70 -------- 76?4 Nov. 13O I A W 1st prei 5s. Apr 1938 Peor A East 1st cons 4s. 1940
Income 4s____________1990Cleve Lor A W . See Balt A O Clove A Mahon Vail. See Erie Cleveland A Pitts. See Penn Co Cleve Short L— 1st gu 4 % a 1901 Colo A Southern 1st g 4s. .1929
Refunding A ext 454s__ 1935F W A D City— 1st g 6s. 1921
Colum A Ilock V. See llock Val Col Conn A Term. See Nor A W
Q - J A - O April
160,000433,000
45.0008.479.0001.570.000
51.000
50 59 ......... 1654
70 --------5 0 5 4 5 5 5 4 2 3 5 4 2754
52 54 5 4 5420 23
51 Dec. 15 18 Dec. 24
5254 Dec. 27 2454 Dec. 8
50 Apr. 24 12 Jan. 16 31 June 19
90 ......... 88 ......... 85 87 83 Dec. 3 83 Dec. 3 83 Aug. 18 82 N o v .2172 Dec. 19 97 Dec. 30
89 Mar. 17 8954 Jan. 16 8154 Oct. 15 9954 Jan. 20
F - A M -N J - D
8 8 % Sale 79 % Sale
82 Sale .......... 7654
82 Sale 7454 75
82 Dec. 1 72 Dec. 19
8654 Dec. 29 7354 Dec. 30
9954 102 97 99 97 9754 97 Dec. 30 97 Dec. 30
Conn A Pas III vs 1st g 4 s .. 1943 Cuba R R 1st 50-yoar 5s g.1952
A - O J - J 2,000 _____ 95 70 79J4 80 85 Sept. 9
J%allas A Waco. S ee M o K A T ■Delaware Lack A Western—
Mor A 13 1st gu 3548-2000N Y L A W 1st 6s............ 1921
Construction 5s---------- 1923Term A lmprove’t 4s. 1923
M nnt ,Ext lst gold 48.1937 Registered................ 4 9 3 7S’ w tCn?\rSt r.1,agSU 4S. 1940 v « y No Dlv lst g 4s 1948 JJ“ oeap Union lst g 6a. 1922 M °nt P lst ? u gold 6s ..1937Registered____ 1 9 3 7
Registered ._ 1951 J — IE lS , f >s * g 34*'8: : : : i 95i a - o
Registered................... 1 9 5 1 A - OM - S A - O A - O M - N J - J M - N M - N J - J J - D J - J J - J J - J F - A F - A J - J J - J J - J J - J F - A F - A J - D M - J - D J - D J - D J - D J - D J - D M -
13432000 114,000, 558,000!~89
954* SaleSale
9,00032,000
204',565
150,0001,000
18,0001,0002,000
24,00017,0002,000
32.000 3,722,000
19.000
347,000
1,000
2,000
13,00070,000
l3t gold 3s sterling 1 9 5 1tri13t g0*d" 4aZZ 1952R e g is te r e d ____ 19 * 1
1st re fu n d in g 4 s . . H ” 19 55 B urchased linos 34*3 1952c °Rf3»i?io9 V N o * T i i ig i i t R e g is te r e d ____ _____ 19 5 3
5 ^ 3 secu red ’ 34& feffi'SlvsoiS 4gsa --!^ ;' " K K e 1 iT ! r m 5 3 « 5 ! | gM id d le Dlv regls 5 i ” 1921
g 33____ 1951
„ .R e g i s t e r e d . . io £ i * « t g 3 4 * 's :i l9 5 1
L ines ls t g 4s . _ 19.51 R e g is te r e d _______ 10 5 1
C arh t £La ron ,d ls t 6a” Z1923
Registered_____ 1 9 5 1*s* ref ser A 5s 1963
M e m p h lr D lv 1st g 4 s . 1951fn r i S f " I s t g " g 4 s -------1931rS s ™ * F i r r 5 *3 c i C C A St L TnU m * ! £ 7 - S e t c i n H A DtnteJn t n l i?4 gold 43------1950 J ~I n w J p f ? 4 N o — lat ? 6 3 . . 1919 M - N
t T X H o S e e M *nn & s t l1 S e e M ,ch C en
t / S n i n l3t 4 s . . . 1959 J - D K ? 4 U * G R - *?«« L S A M St n S e e To1 & O C— C Ft s A M . See St L A 8 F
See S tL A S F K an n .B a c t f le . See M o K A T
S ly S o o th 1st g 3 s . . . 1950 A - OS ^ a t e r e d ................... 1950 A - O
5 9 ........... Apr 1950 J - JKansas C Term lst 4 s____i960 J - Jffo tu ck y Central. See L A N r ° ° k * Dea M . See C R I A P Knorvllle a Ohio. See Sou Ry
10,000
194,000790,00058.000
353,000'3,000
781,000;19.000 17,000] 24,000'
6,000
1,000
93
P R T C E S JY D E C E M B E R .
D e c . 1. D e c . 31.B id A s k . B id . 984* 1 0 0 54J* Sale434* Sale
------- 5580 83------- 394*----- 394*39 Sale 834* 87J*87
A sk-----100524* Sale394* Sale794* 81 35 Sale 34 Sale 354* Sale 81 Sale
9593904*84
72
934*.97
103 I934*'
644*5550
--------- 00
874* 904*92------97
-------10893 1009 0 4 *____8 0 4 *------
......... 64-------- 55......... 50" 7 2 " zzzz54 J* Sale
79 Jau. 784 4* Jan. 3 75 May 24 775* Jan. 15 714* Apr. 14 974* June 26 79 Aug. 28 61 Aug. 18 734* Oct. 29
68 Oct. -30
794* May 7
73 Mar. 20 994* Jan. 3 954* Feb. 21
95 Jan. 4 77 Nov. 1 794* Jan. 23
Jau. J an.
82 Feb. 3
644* Feb. 17884* May 81 Jan.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
Jan ., 1920.1
BONDSN Y STOCK EXCHANGE
| ake E A W let gold 5s-.1937“ 2d gold 5a____________ 1941
North Ohio 1st gu g 5 s . .1945 L Sh A Mich So. See N Y Cent Leh V (N Y) 1st gu g 4^8.1940
Registered_____________ 1940Leh V (Pa) gen con g 4s___2003
Gen consol 41^3_________2003Leh V Ter Ry 1st gu g 53..1941
Registered_____________ 1941Lehigh Vail RR coll tr 63 .. 1928 Leh V Coal Co 1st gu g 53.1933
Registered_____________ 1933First hit reduced to 4a ..1933
Leh * N Y — 1st gu g 48— 1945Registered________________
Leh A Hud R. See Cent of N Long Dock. See Erie Long Isl 1st con g Ss.July 1931
1st cons gold 4s__ July 1931Gen gold 4s____________ 1938Ferry gold 4>tfs------------- 1922Gold 48...............................1932Unified gold 48_________1949Dob gold 53____________ 193420-year temp dob 5a____1937Guar ref gold 43_________1949N Y B * M B con g 5 s ..1935 N Y A Ro Bch 1st g 5s. .1927 N Sh Bch 1st con gu 5s Oct ’ 32
Louisiana it Ark 1st 68------ 1927La Western. See So Pacific Louisv it Nashv— Gold 53 1937
Coll trust gold 5a________1931Louis Gin <t Lex g 4)^8-1931N O A M 1st g 03............1930
2d g 6s______________ 1930Pad A Mem Dlv 4s------1946St Louis D ir 1st g 6a------1921
2d gold 3s____________ 1980 M - SAtl Knox A Cln Dlv g 4s 1955 M -N Atl Knox A No 1st g 5 s . .1946 Hend’son Bdgo ls ts f 6ag 1931 Kentucky Central g 4S..1987 Lex A E 1st 50-yr 5s gu.1965 LANMobAMlatg4 W a.. . 1945 L A N-Sou Mon joint 48.1952
Registered...........July 1952N FI A Shof 1st gu g 5 s . . 1937 Npt A Cln B gen gu g 4 V$8 1945 Pens A Atl lat gu g 6S...1921 S A N Ala con gu g 5 a . . -1936
Gen cons gu 50-yr 5 s . . 1963 Lou A Jeff B(lgeCogug4s 1945
n*ahonlng Coal. See LSAMSo Iv^anlto S W Coloniz g 53.1934 Manila RR— Sou lines 4a..1936 M cK ’ptABVern. S««NYCAHR Mex Internet 1st cons g 4s. 1977
Stamped guaranteed. .1977 Michigan Central. Se«N Y Cent Mid Torm 1st g a * 8 s .----1 9 2 5 Mil L S A West. See ChlcANVV Mil A North. See Ch M A St P Minn A St L 1st gold 7 s . . . 1927
Pacific Ext lat gold 08.-19211st cons gold 5a-------------19341st A refund gold 4s------19491st A ref 53 Series A ------1962Dos M A Ft D 1st gu g 43.1935Iowa Cent 1st gold 53---- 1938
Refunding gold 48 ....19 51 Minn A St L gu. t f « « B C R A N M S t P A S S M con gold 43 stpd
payment of lnt gu--------- 19381st cons 5s------- - 9 sM St P A S S M A Cent Term
1st Chic Torm a f 4a .. 1941 M S S M A Atl 1st gold 43 Stpd
payment of lnt 8uar--lJ20 Mlnneap Uu. See St P M A M Mississippi Cent 1st 5s - 1949 Mo Kan A Okla. See M K A T Mo Kan A Tex— 1st g 4s. .1990
2d gold 4s............... Juno 1990Trust Co ctfs of deposit..
1st extension gold 5a------19441st A refund mtge 4a.. .2004
Trust Co ctfs of deposit—General s f 4 W s ._ - .------ 1936
Trust Co ctfs of deposit—St Lou Dlv 1st ref g 43-2001 Dal A Wa 1st K'J K Kan C A Pac lat g 4 3 . . . 1990 Mo K A E 1st gu g 5 3 . . . 1942 Mo K A Ok 1st gu 5 3 -.1942 M KAT of T 1st gu g 58.1942 Slier Shrov A So lat gu g 58 43 Tex A Okla 1st gu g 53.-1943
Missouri Pacific (now co llet A refund 5s Ser A . . 1965 1st A ref 5s Sor B ..Jan 1923 1st A refund 6a Ser C ..1926General 4a-------------------- 1975
Mo Pac— 1st consol g 0 s ..192040-yoar gold loan Is----- 19453d 7s ext at 4 % ................1938Cent Br Uu Pac lat g 43.1948 Pac R of M 1st ext g 4 s .. 1938
2d extended gold 53.-1938 St Louis Iron Mt A S o u th -
Gen con ry A Id g 5a .. 1931 Oen con stpd gu g 83-1931 Unlf A ref gold 4 s . . -.1929 RIv A Gulf Dlv 1st g 43’ 33
VerdlgrlsVIAW lat g 58.1926 Mobile A Blrm. See South R y. Mobile A Ohio now g 0 8 . . . 1927
1st extension g 0s..July 1927General gold 4s------------ 1938Montgorn Dlv 1st g 5 s . . 1947St Louis Division 6s------1927St L A Cairo gu g 4s------1931Cellat trust 4s. See Southern
BONDS—STOCK EXCHANGE RECORD
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
34 BONDS-STOCK EXCHANGE R F.m pn [Vol. 110.BONDS
N Y STOCK EXCHANGE
Mohawk & Mai. S e e N Y C A I I Montana Cent. See St P M A M Morgan’s LaAT. See So Pac Co Morris A Essex. See D L A WlWashv Cbatt A St L 1st 5s 1928 „ Jasper Brch 1st gold 6s. 1923 Nash tlor A Shef. See Lou A N Nat Rys Mex pr Hen 4^8.1957
Guaranteed general 4 s ..1977 Nat of Mex pr lien g 4>$s.. 1926xt Sold 4s--------- 1951N H A D e r b y . See N Y N H AH N J June n RR . See N Y Cent Newp’t A Cin B’ge. SeeLou AN S e r 9 rleans Term l8t 4 s .. 1953 N O Tex A Mex 1st SerA 6sl925 ,, Non-cum Income ser A 5sl935 N Y B A M a n Beach. See L Isl N Y Cent RR conv deb 63.1935
Consol Series A 4s 1 9 9 8Ref A impt 4 ^ s A . . . . 12013
N Y Central A Hudson River—Gold mortgage 3>£s____ 1997
n ^ / ? eg,8! ered ................ 1939 J “ JBchCr ex 1st gu g3KsFeb ’51 A - O Cart A Ad 1st gu g 4 s . . . l9 8 l ! j - L» Gouv A O 1st gu g 5 s . . .1942 J - D Moh A Mai 1st gu g 4s. .1991 M - S N J June R gu 1st 4 8 ... 1986 F - AN Y A Harlem g 3 ^ 8 . . . 2 0 0 0 M -Nxt R e?!8tered-----------------2000 M - N
l8tS 5S...1928 A - O 5«Y&£ ut 1st con gu g 4s. 1993 A - O £*°e 9 r«ek reg guar 6 s .. 1932 J - D R W A O con 1st 5s. July 1922 A - ORutland 1st cons g 4^8.1941 J -
Og A L Ch 1st gu g 4s. 1948 J - Rutl-Can 1st gu g 4 s .. 1949 J -
0 t„Lawr A Adir 1st g 5s. 1990 J -2d K?1 ,68-,.............. 1990 A - <P»*pa A B1 Riv gu g 4s. . 1922 J -
LakeSh A M S g 3 ^ s ..l9 9 7 J - DRegistered.................... 1997 J - DDebenture gold 4S...1928 M - S
Registered 4s______ 1928 M - S25-year gold 4s......... .1931 M -N
Registered................ 1931 M -N£ a l A * G R lst gu c 5s. 1938 J - J Mahon 9 ? ? 1 R R lst 58 .. 1934 J - J S i ! 8 ^ ,L R~ 2 d g 5s.Janl928 A - O Pitts M cK A Y lst gu 6 s 1932 J - JMi2 <L guarr,6s .................... 1934 J - JMichigan Central 5 s____1931 M - S
Registered.................... 1 9 3 1 q _ m
Jack L A S gold 3 '^ s ' 11951 M - S*8t Kold 3H s................1952 M -N
xr debenture 4s. 1929 A - ON n C,b,c * L lst g 4s. 1937 A - O
Registered .................. 1 9 3 7 a - O25-year debenture 48.1931 M -N
C,Hu*38 oqub) 5 s . . .1919 M - N xr v £ qUlp 4^ 9 Ser K ..1920 J - J S X Connect l8 t&u4>*8A.1953 F - A N Y A Greenwood L. See Erie N Y A Har. S ee N Y C A H R n v V w S £ West. Sm D L A W S v j£\Erle £ We8t- See Erie S £ xt1'011# Bch- S te Cent N J N Y New Haven A Hartford—
Non-conv debenture 3>4s ’54 A - i Non-conv debenture 4s. 1955 J Non-conv debenture 4s. 1956 M -]
6 I 0!*®11 3Ji8- 1956 J Convertible deben 6 s . . . 1948 J Consol Ry non-conv 4s. . 1930 F - A
Non-conv deben 4 s . . . 1 9 5 6 J - JPtChea l8t 4a.54 M_ N2 * N Y Air Line lst 4s. 1955 F - A Cent N E lst guar 4 s . . . 1961 J - J Housaton R R con g 5 s .. 1937 M - N £1 v * l3< Sen 48- -1042 A - O N Y W ches A B lst 4J^s 1946 J - J New Eng R R cons 4 s ...1945 J - J Providence Sec deb 4 s .. 1957 M - S g o v , * Springf 1st 5 s .. 1922
kt v ^ x T 0ri?x Term l8t 43.1956 v l i W ? ' See N Y Cent N » 0 ll* * W l8t S 4s June 1992
Reg 15,000 o n ly . . . June 1992 Cienerd 4sN Y A Putnam N Y C A H N Y A Rock Beach. S ee Long Isl £ Y Susq A \V estern. S ee Erie at° w ?,ou. 15t * ref A 5 s . . . 1901
k * South lst g 5s_ .1941 Norfolk A West gen g 0s..1931
Improvem’t A ext g 6s__1934 River 1st gold 6s. . . 1932
Nor A W R y 1st con g 4s. 1990R e g is te r e d ............... 1 9 9 0Div 1st A gen g 4s------1944 u „10-25-year conv 4s___1932 J - D10-20-year conv 4s___1932Convertible 4 Ms.........193810-year convertible 6s. 1929
CA P Jolnt 4 s . . . 1941 - hmL v°x 8U K 5s. 1922 J - J
nS , m „e N
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
BONDSN Y STOCK EXCHANQE
Ja n ., 1920. BONDS—STOCK EXCHANGE RECORD
North Pacific— Prior 4a— 1997Registered___________ 1997
General lien gold 3s. Jan 2047Registered_______ Jan 2047
Ref A Imp 4 ser A __ 2047St Paul-Dul Div g 4 s . . . 1995
Registered___________ 1990C B A Q coll tr 4s. See Gt Nor St P A No P acgen g 6 s .. 1923
Registered certificates 1923 St Paul A Duluth 1st 63.1931
1st consol gold 4s.........1908Wash Cent Ily 1st g 4 s .. 1948
Nor P Ter Co 1st g 0s.........1933North Wlscon. See C St PMAOf \ a i l & L Champ. See Rutland '- 'h lo Ind & W. See CCCAStL Oregon A Cal. See Sou Pac Co Ore RR A Nav. See Union Pac Oregon-Wash 1st A ref 4s. 1901 Oswogo A Romo. See N Y CentPacific Coast Co 1st g 53.1940
aciflc of Missouri. See Mo Pac Paducah A Ills 1st s f 4>$8.1955 Penn RR lot 4s real est g ..l9 2 3
Consol gold 4s_________ 1943Consol gold 4s_________ 1948Consol 4>$s____________1900General 4}$s....... ............1905General 5 s_____________1908Alleg Val gen gu g 4s— 1942 Del RlvRRBdg 1st gu g 4s '30 Phlla Halt A W 1st g 4s. 1943 Sod Bay A So 1st g 5 s .. 1924 Sunbury A Lewis 1st g 4s 1930 U N Jllll A Can Co gen 4sl944
Pennsylvania Co—gu4>$s_ 1'Registered___________1'
Gu 3>$s coll tr rog ctfs ._ l'Gu 3>$s coli tr ctfs B — 1'Gu g 3 Us tr ctfs Ser C ..1 Gu g 3>$s tr ctfs Ser D ._ 1944 Guar gold 15-25-year 48.1931 40-yr gu tr ctfs 4s Ser E.1952 Cln LAN 1st con gug 4s. 1942 Clev A Mar 1st gu 4>$s.l935 Clev A Pitts gu g 4>$s A . 1942
Series B 4> $s..--------- 1942Int reduceu to 3>$%.1942Series C 3>$s................ 1948Series D 3>$8................ 1950
Erie A P gen gu g 3>$s B l^40 Series C ........................1940
Qr RAI ex 1st gu g 4>$s_1941 Ohio Connect 1st gu 4s. .1943 Pitts Y A Ash 1st con 5s. 1927 TolWVAO 1st gu 4>$s A 1931
Series B 4}$s------------- 1933Series C 4s___________ 1942
PCCAStL gu g 4 >$sScrA 1940Series B guar_________1942Series C guar------------- 1942Series D 4s guar--------1945Series E 3>$s guar g._1949 Series F co n s4 sg u g .. 1953 Series G cons 4s guar . 1957Series II cons 4s gu__ 1900Series I cons 4>$sgu__1903
Ch St L A P cons g 5s. . . 1932 Pensacola A At. See LouANash Peor A East. See C C C A St L Peor A Pek Union 1st g 0s. 1921
Second gold 4> $ 8 ...Feb 1921 Pere Marti— 1st ser A 5 s . . 1950
1st ser B 4s_____________1950Philippine Ry 1st 30-yr s f 4s ’37 Pine Creek. See N Y Central Pitts C C A St L. See Penn Co Pittsb Clev A Tol. See Balt A O Pitts Junction. See Balt A O Pitts A Lake E. See N Y Cent Pitta M cK A Y . See N Y Cent Pittsb Shen A L E 1st g 58.1940
Fist consol gold 6s...........1943Pitts Y A Ashtab. S ee Penn Coneadln g Co gen gold 4 s ..1997I*- Registered..... ............ .1097
Jersey Central coll g 4 s .. 1951 Atl City 1st con gu g 4s. 1051
C ag T u8C A H. See Pore Marq *3tJos A Gr Isl 1st g 4 s . . . 1947 Bt Law A Adlr. S e e N Y Cent St L A Cairo. See Mobile A Ohio Bt L Iron Mt A So. See Mo Pac BtLM Br. SeeTerRRAssnofStL Bt Louis A San Fran ( R eorg C o)
Prior lion 4s ser A --------- 1950Prior lien 5s ser B --------- 1950Cum adj ser A 0s_______1955Income ser A Os________ 1900
Bt L A Ban Fr— Gen g 0 s .. 1031General gold 5s________ 1931St L A 8 F RR cons g 4s. 1990
South West Dlv g 5 s .. 1947 K C Ft S A M con g 0 s .. 1928 K C Ft S A M Ry ref g Is 1930 KCAM RAB 1st gu g 58.1929
Bt Louis South. See 111 Central Bt Louis Southw— 1st g 4s. 1989
2d g 4s Inc bd ctfs ..N ov 1889Consol gold 4 s . . . ---------- 19321st terml A unlf 5s------- 1952Grays Pt Tor 1st gu g 58.1947
Bt Paul A Duluth. See No Pac Bt PIMIn A Man. See Gt North St Paul A Nor Pac. See No Pac Bt P A Sioux C. See CStPMAO 8 A A A P 1st guar g 4 * .. .1943 Scioto Val A N E. See Nor A W ^Seaboard Air Line g 4s__ 1 9 5 0 A - O
Stamped________________1950, A - OAdjustment 5s_____Oct 1 9 4 9 F - ARefunding Is................... 1959 A - 0 , 1
35
R A N G E FO R Y E A R 1919.H ig h es t .
Sa le P r ic e s . 80 Jan. 11 82 Mar. 4 017A Jan. 0 57M May 8 90 Jan. 24 70 M ay lfl
Atl-Btr 30-yr 1st g 4s.M ay’33 M - 8 aro Cent 1st cons g 4s. 1949 J - J
72 Jan. 14 74 Jan. 14 5 3 Jan. 2 00 Jan. 3 SO Mar. 13 70 Apr. 9
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
26
BONDSN Y STOCK EXCH ANOESiabpard Air Line (C o n c l .)—
Fla Cent A Pen lat ext 6s.’ 23 1st land grant ext g Sa. 1930C-onaol gold 5s_______ 1943
G a A Ala lat cons 5s.Oct 1945 G aC ar A Nor lat gug 5a 1929 Scab A Roanoke lat 58..1926
gber Shr A So. See M o K A T S U8p O A G. S ee Atl Coast L Bou Caro A Ga. See Southern Southern Pacific Co—
4s g Cent Pac coll. _Aug 1949Convertible 4a____June 1929Convertible 5a_______ 1 9 3 4Cent Pac lat ref gu g 48.1949
Registered___________1 9 4 9M tg gu g 3H s— Aug 1929 ThroughSt L lstgug4a. ’ 5 4
Gal H A San Ant lat 6s. 1931„ 2d guar exten 5s_____1931Gila Y G A N 1st gu g 5s 1924 H E A W T 1st g 53____1933
1st g u g 6s redeem . . . 1 9 3 3H A Tex C 1st g 5s Int gu 1937
Gen gold 4s, lnt guar. 1921 Waco A N W lat g 6s. 1930
A A N W lat gu g 6s____1941Louisiana West 1st 6s__1921Morgan's La A T 1st 6a. 1 9 2 0 Nor of Cal gu gold 5a...1938 Ore A Cal 1st gu g 5 s . . . 1927
Pac of Cal lat cons 5s 1937 S P Coast 1st gu g 4 s . . . 1937 San Fran Term 1st 4 s . . . 1950Tex A N O cons g 5s____1943So Pac RR 1st ref gu 4s. 1955
Southern— 1st cons g 5s__ 1 9 9 4Devel A gen 4a, Ser A . .1956M ob A O coll tr g 4s____1938Mem Div let g 5s______ 1 9 9 0f itL DIv lat g 4a............1951Ala Gt Sou 1st cons A 6s 1943 Atl A Char A L 1st A 414s '44
1st 30-yrsa Ser B ....1 9 4 4Atl A Danv lat g 4a____1948
Second 4 s .~ ............... 1 9 4 8Yad 1st gU g 43.194 9
E T Va A Ga dlv g 5 s .. 1930 Cons lat gold 5s.........1956
E T °u reorg Hen g 5 s . . . 1 9 3 8 Georgia Midland 1st 3 a. 1 9 4 6G t p »9 Ry 1st g 6a------- 1922iSn? I A ! ? h,° l9t « 6a...1925 M ob A Blrm pr lion g 5s. 1945
Mortgage gold 4s____19455 * Danv Deb 5a stpd.1927 Rich A Meek 1st g 4 a . . . 1 9 4 8 v » MW-rSerles D , 4-5S.1921
Series E 6a_____ 1 9 2 6Series F 5s______ "1931General Sa . . . 1 9 3 B
va A S W lat gu 5a..Z""2003 First £?ns 50-year 5s. 1958
a , ° lst °y gu 4s. . 1924Spokano Intemat lat g 5 s . 1 9 5 5
•Ter Assn of St L Istg 4Jtfs 1939 _ First cons g 5s .1894-1944Gen re1 fa f gold 4s______1953
^ « 58._19.30 Tojsa A Pacific lat g 6s 2000 Second gold Income 5 s 2 0 0 0 La Dlv B L lat g 5s 1931
T nT w siY W *3t gu 5s~ 1930 Tol A Ohio Cent— lat g 5a. 1935 Western Dlv 1st g 5 a ... 1935 General gold 5 s . ._ 1 9 3 5Kan A M 1st gu g 4 s . ." 'l9 9 0
Second 20-year 5s____1927 j - „Tol Peor A W 1st gold 4 s .. 1917 J - J Toi , l L * w “ Pr 1 g 3^3.1925 -Fifty-year gold 4s...........1 9 5 0
Co“ trust 4s g Ser A____1917TV>r w ? o 0?*?8 of deposit------Tor H A B 1st g 4a..July 1946
U Iat^ * Del 1st con g 5a. 1928 S fAln.‘i,50lrl 4 s .. 1952 Union Pac RR A Id gr g 4a. 1947
Registered ................. _194720-year conv 4a____ 1 9 2 7Mrst A refund 4 a ..jin o 2008
8ecured 6s.........1928Ore R R A Nav con g 4a. 1946 ore Short Lino 1st g Os. 1922
Mrst consol gold 5 s 1 9 4 8 Guar refund gold 4 S. . 1 9 2 9
Utah A Nor gold 5a 1920_ . 1st extended 4s......... 1933yan dalla conaol g 4 3 . 1955* Conaol 4a, Series B 1957
Vera Cruz A P 1st gu g 4>Jsl934 Virginian 1st osSeries A . . . 1962M /abash lat gald 5s.........1939
* Second gold 5s.........1939Debenture Series B 6a 1939 1st Hen equip s f g 5 s . . . 1 9 2 1 1st Hen 50-yr g term 4a. 1954; J - J D e tA C h Lx 1st g 53...1941 J - J Des Moines Dlv lat g 4s. 1939 J - J
« 3MS--1941 A - O T o1 A Chic Dlv 1st g 4a. 1941; M - S
Wash Term lat gu 3 ^ s .. . l9 4 5 F - Alef pusr 40-yoar 4s___ 1945 F - A
" “ t Maryland 1st g 4a...1952 A - O West N Y A Pa lat g 5 s . . . 1937 J - J
General gold 4a........ ...1 9 4 3 A - OIncome 6 s ........... 4 9 4 3 Nov
Western Pacific 1st 5s A .11946'_____Wheel A L Lrle^-lst g 5a .. 1920 A - O
Wheeling Dlv 1st g 5S..1928 J - J Exten A Impt gold 5 s . . . 1930 F - A Refunding 4Ma Ser A . . . 1906 M - S
Wh A L E RR 1st con g 4s. 1949 M - S Winston-Salem S B lat 4s. 1960 J - J "{scon Se?‘ l3t 5?u g 4a.. 1949 J - J
Manila Elec 1st A coll 5s. .1953 Met St— B ’y A 7th Av 5 s .. 1943
Col A 9th Av 1st gu g 5s. 1993 Lex Av A P F 1st gu g 6 s 1993
Met W S Elev Cldc 1st 4s. 1938 MUw El Ry A Lt cons 5 s . . 1920
Refunding A ext 4 M b__ 1931General A refund 5s___ 1951
Mont Tram 1st A ref A 6 s. 1941 N Orl Ry A Lt gen 4 % s .. . 1935 N Y Munlc Ry 1st A 5 s . ..1900 New York Rys 1st A ref 4s. 1942
Trust Co certfs of deposit— Adjustment Income 5S..1942 A - O
Trust Co certfs of deposit.N Y State Rys 1st cons 4%a '02 M - NPortland Ry 1st A ref 5 s ..1930Port Ry L A P conv 5s__ 1912St Jos Ry L H A P 1st g 5s. 1937 M - I St Paul C Cable cons g 5 s .. 1937 J -Third Ave 1st ref 4s______ 1900 J -
Adjustment Income 5 s . . 1900 A -< Third Ave HR 1st gold 58.1937 J - Trl-Clty Ry A Lt 1st s f 58 .1923 A - < Undergr’d of London 4% a.l938 J -
Income 0s..... ....................1948CJn Rys Inv— 58 Pitts Isa.. 1920 United liys St L 1st g 4 s .. 1934
St Louis Tran gu Imp 58 .1924 United RRs Han Fr s f 4 s .. 1927
Union Trust (N Y) ctf d ep .. Equitable Tr (N Y) Inter ctf.
Virginia Ry A Pow 1st 5s. 1934 J - JGas & Electric Light Cos
Bklyn Un Gas Co 1st c g 6 s 1945 Buffalo City Gas 1st 5 s . . . 1947 Cine Gas A El 1st A ref 5s. I960 Columbia Gas A El 1st 5s. 1927
Stamped____________________Consolidated Gas conv 0s. 1920 Cons Gas E L A P of Balt 5-year
conv 5s--------------------------1921Detroit City Gas Co g 5s. .1923 Detroit Edison Co 1st 5s. .1933
1st A ref 5s Series A ____1940Eq Gas L Co N Y con g 5s. 1932 Gas A El Co of Bergen Co 6 s ’ 49 Havana Elec Ry cons g 58.1952 Hudson Go Gas 1st g 5s— 1949 Kansas City (M o) Gas 5 s ..1922Kings Co E L A P g 5s------1937
Purchaso money 0s_____1997Convertible deb 0s_____1925Ed El III Bkn 1st con g 4sl939
Lac Gas L Ref A ext 1st 5s 1934 Milwaukee Gas Lt 1st 4S..1927 Newark Cons Gas cons 5s gI048 N Y Gas El Lt H A P 5 s ..1948
Purch money coll tr g 43.1949 Ed El III 1st cons g 6 s . . . 1995
N Y A Q El L A P 1st c g 5s 1930 Pacific Gas A Eloc— Cal G A E
Corp unifying A ref 58 .. 1937 Pacific G A E gen A ref 5s. 1942 Pacific Pow A Lt 1st A ref 5s ’ 30 Paterson A Passaic GAE5S. 1949 People’s Gas A C— 1st 08..1943
Refunding fold 5s______ 1947Ch Gas L A C 1st gu g 5s 1937 Consum Gas Ch 1st gu g 5s’30 Ind Nat Gas A OH ref 5S_ 1930 Mut Fuel Gas 1st gu g/5a 1947
Phlla Co Conv deb 5s g - 1922 Stand Gas A El conv s f 0s. 1920 Syracuse Ltg Co 1st g 5s. .1951 Syracuse Lt A Pow 8 f 5 s . . 1954 Trenton Gas A Elec 1st 6 3 . 1 9 4 9 Union El L A P 1st g 5 s . . . 1932
Refunding 5s___________1933United Fuel Gas 1st s f 08.1930 Utah Power A Lt 1st 58— 1944 Utica Elec L A P 1st s f 5s gl950 Utica O A El ref A ext 5 s .. 1957 Westchester Light gold 5s. 1950
M iscellaneous Bonds Adams Express coll tr g 4s. 1948 M Alaska Gold M deb 0s A . . 1925 M
10-year conv Os Ser B__ 1920 MAm Steamship of VV Va 1st 5s'20 M ArmourACo 1st real est 4%a '39 J Booth Fisheries dob s f 0s. 1020 A Braden Copper coll tr s f 0s 1931 FBush Terminal 1st 4s_____1052 A
Consol 6 s______________ 1965 JBuildings 5s gu tax o x .. 1900 A
ChC A Connltys coll 5s Janl927 A Chic Un Stat 1st gu A 4%a.l903 J
555.000232.000
3.050.0001.075.000
408.0001,000
To’,000827.000100.00029.000
1,00058.000
410.00013.000
2 , 000 ,759,000,
5,049,6654.423.000
11.000
29290000;’>,391,00038854000
397.000304.000
1,000 5,000
209.000 13,000 15,000|Y f,566
P r ic e abou t J a n . 2 1919.
9,000, 7,000
01,000 1,741,000
444,000 ,470,000
1,558,000, 258,000!
9,00012,000
1.427.000 0,491,000
12,00091,000.
1,00054.000
402.000121.000
1 2 0 ,0 6 62.757.0002.398.000
70.000
82,000!" l ’.ooo;
144,00020,000,
9,133,000
76 Sale 50 55%79 M Sale
____ 94____ 70------- 99%____ 8068 77*56% . . . . 58% . . . . 8 1 M 878 8 % ------88% — -73 74 M____ 7058 Sale 17 Sale 90 100SUM Sale70% Sale 75 80
......... 7575 8 0 ”77 84Vs
......... 7074 Sale
' 9 7 " : : : : :
82 96____ 72%42 Salei i % Sale’: : : : : " 0 2 "
P R I C E S I N D E C E M B E R .
D e c . 1.B id . A sk ,
3 0 M Sale 2 0 M 28 39 M Sale 39 Sale 33 Sale____ 77____ 7063% Safe 6 3 M 64%
00 58 32 60% 77 M 7 7 M
Sale------- 7 0 M53% Sale 12 Sale 70 9014% Sale 14 % Sale 44 % Sale 55 Sale 55 M 56%
46 Dec. 1 25 Mar. 20 83 Dec. 18 91% Nov. 29 73 May 19 60 Dec. 9 70 June 19 46% July 24
Sale P r ic e s .
76 Jan. 2 53 Feb. 18 8 6 Feb. 24 79 May 19 78% June 3 70 Oct. 1046% D e’c’ .”26 79% Mar. 20 79% Mar. 21 6 8 Apr. C 62 Jan. 18 55 June 10 81 Jan. 13 8 8 Feb. 1477 July 7 81% Mar. 2765* M ay 8 19% June 20 90% Mar. 2843% Jan. 8 41% June 9 75% June 21 72% Feb. 8 74% Jan. 27 60 May 3 77 Mar. 4 72 June 14 6 8 Jan. 10 74 Jan. 396 Sept.29
79 Oct. 4 61 Apr. 10 63 Feb. 20 46% June 4 45 June 10 16% June 2 16% June 3 02 Jan. 075% Oct. 2 65% Aug. 22
59% July I 42% May 29 93% Oct. 8 97 Feb. 27 73 M ay 19 78 Mar. 11 78 N ov. 1 55 July 8
2 2 Jan. 28 36% June 302 2 Jan. IS 36% July 12 2 Jan. 7 36% June 3070 Dec. 24 79 Jan. 18
85 Oct. 9 95 Jan. a
July82 Jan. 29 90% Oct. a82 Jan. 24 90% July 3098% Dec.96% M ay 5 94% July 31 94 July 29 8 8 % Sept. 22
84 N o v .20 90 May 12 92% M ay 2 84% Dec. 17 95 Oct. 20 90 Jan. 2 75 Dec. 24 80 Dec. 15 87 Oct. 1480% Dec. 3 94 Jan. 30 59% Dec. 5 74% Jan. 14 92% Nov. 12 100 Jan. 23
99 Apr. 9 96% July 24 96% Mar. 20 94 Jan. 31
87 Sept. 17 91 Sept. 8 92% M ay 3 94 Feb. 27 L05 Feb. 7 98 Apr. 3 84 Feb. 1 97 Jan. 10 89 June 20
67% May 2435 Jau. 24 34 Jan. 1088% Jan. 1497 "May 2083 Mar. 20 85% Jan. 7 83 July 18
78% D^c. 6 «0 .Tan. 8
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
28
BONDSN Y S T O C K E X C H ANQE
Chile Copper conv 78_____1923Coll trust 6s serAsub rects.. Coll trust 6s conv ser A 1932
Computing-Tab-Rec s f 6s. 1 9 4 1 Granby Con M S A P 1st 6s 1928
Stamped................... ........1 9 2 8Great Falls Pow 1st s f 5s_ _ 1 9 4 0
Int Merc Marine 1st s f 6 s 1 9 4 1 Montana Pow 1st A ref s f 5s AMortgage Bond 4s Ser 2__ 1966
10-20-year 5s Series 3 . . . 1932 Morris A C o 1st s f 4 % s .._ 1939 N Y Dock 50-year gold 4s. 1951Nlag Falls Power 1st 5 s__ 1932
Refunding A gen 6 s. Jan 1932 Nlag Lock A Ont Pow Ist5sl954 North States Power 5s A . . 1 9 4 1 Ontario Pow N F 1st 5 s . . 1 9 4 3 Ontario Transmission 5s. . 1 9 4 5 Pan-Am PAT 1st conv 6 s ’ 19-27 Prov Loan of N Y g 4 Ms. 1921SlUSrSeI a 0p n J gBn 50' yr 53 ’5!)Sierra A S F Power 1st 5s. 1949Tennessee Cop 1st conv 6 s. 1925 Wash Wat Pow 1st 30-yr 5sl939 W Penn Pow 1st 6 s Ser C . 1958Wilson A Co 1st s f 6 s_____1 9 4 1
1 0 -year conv s f 6 s___ I I 1928
Manufacturing A IndustrialAm Agr Chem 1st conv 5s. 1928
Convertible deb 5 s.........1 9 2 4T™ S' 0 **0 0 OH deb 58____1 9 3 1" D Smeltg A Ref ser A 5s. 1947 Am Tobacco 40-year g 6s 1944
BONDS—STOCK EXCHANGE RECORD
4s. .1951Writing Paper s f 7-6s 1939 Baldwin Loc Wks 1st s f 5 s. 1940 Central Leather 20-yr g 5 s. 1925 Central Foundry 1st s r Os. 1931 ConsolTobacco 50-yr g 4 s 1 9 5 1 Corn Prod Ref gold s f 5 s . . 1 9 3 1
1st 25-year s f 5s____ 1 9 3 4Dtotlllera S C conv 1st g 5s" 1927 5 * ,Powder 4%s_ -19369®?'era} Baking 1st 25-yr 6sl936 General Elec deb g 3%s__ 1942
Debenture 5s......... ...........1 9 5 2
^ ereoli-R and 1st 5s.Dec 1935 Int Agric Corp 1st A coll tr 5s’32 Internat Paper conv s f g 5 s 1935r l 6l at conv 5 8 serA1947Liggett A Myers Tob 7 s 1 9 4 45s.(P) Lorillard" Co" 7sII 11111 j 9416s.Nat EnamAStpg 1st 20-yr 5s’29 Nat Starch 20-year deb 5 s. 1930 National Tube 1st 5 s......... 1 9 5 2x>iJLA1A i? *ako l3t conv 08-1928 Blare® Oil 5-year conv 6 s. 1920
1 0-year conv deben 6 s . . 1 9 2 4
Standard Milling 1st 5 s . . . 1930 Yhe Texas Co conv deb 6 s. 1931 Onion Bag A Paper 1st a f 5 s ’30
Stamped________Ordon Oil of Calif 1st 5 s I I I l 9 3 i5 a kk7 * deb R 58 1924“ ? B obber ®~yr sec 7 8 ___1923n i a A ref 5s series A . . 1 9 4 7u S Smelt Ref A Mg conv 6 s 1026 Va^Car Chem 1st 15-yr 5 s. 1923
Conv deb s f 6s____May 1924Western Elec 1st 5s Dec 31 1922
C°.a,a- 'rpn fnd Steel Bonds Beth Steel 1st ext a t 5 s . . . 1926
1st A refund 5s gu ser A . 1942 ZTcPUr m. lmP 8 t 5S. 1936 * Susq I 8 f 5s......... .. 1 9 3 2
r i p M c T . ...........Jan 1920C M Co 1st gu g 6s . . . 1922Col Fuel A I Co gen s f g 5s 1943 Col Indus 1st coll tr 5s g u .. 1934 Conroi Coal Md 40-yr 5S..1950
B om Coal conv Os------1925Illinois Steel deben 4M s.. 1940Indiana Steel 1st 5 s ........."l952Jefferson A Clear! 2d 6 s . . . 1 9 2 6 Lackaw Steel 1st conv 5s. 1923- , . l8t W f 58 Series A ......... 1 9 5 0M idvale St A Ord conv s f 5s ’36 Pocahon Con Coll 1st s f 5s 1 9 5 7 B.ePub ,s 3l,lk fuad 58.1940 2 ? 58 8trnP’d 1955rr s £ RR ? oa 58------1951U 8 Steel Corp s f g 5s. Apr 1963
R egistered ____ Anr 1963Victor Fuel 1st s fB s . 'I .P. . 1 9 5 3 Va Ir Coal A Coke 1st g 5s. 1949
Telegraph and TelephoneTel A Tel coll trust 4s. 1929
78% Doc. 24 04 Dec. 26 83% Doc. 30 84 Dec. 30 81 Dec. 26 80 Dec. l l
101 Fob. 19 112% May 989% May 2293 Jan. 3
119% Mar. 1280 July 14 90% Aug. I
101% Mar. 21 98% Aug. 12 87% July 25
102 Sept. 26 100% Mar. 3192% June 694 June 7 88% July 7 77 Juno 24
101 Apr. 2
85% July 16 98 Apr. 1 90 Juno 19
114% June 6 95 May 27
113% May 1994 Jan. 2 98 June 699% Feb. 4
103 June 19 145 May 21 112% M ay 995 Fob. 26
104% Oct. 2789% Apr. 29
98% Juno 24 105% Oct. 6 99% Feb. 27
98 Oct. 17 92 June 27 89% June 12 93% July 3 91% Nov 17
98% July 17 107 Nov 3 91 June 23 88% June 4 90% May 8 80% Mar. 20 93 June 25
101% Feb. 7 101% Feb. 7 70 Mar. 4 87% Jan. 4
June 11 May 14 M ay 27 Jan. 10 May 29 Feb. 1 Feb. 5
<3 First Installment paid, d Full paid. * Part paid. * Option
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
Ja n ., 1920.1 STOCKS—STOCK EXCHANGE RECORD 29
STOCKS-PRICES AND SALES FOR DECEM BER AND THE YEAR 1919.In accordance with a rale of the Stock Exchange effective Oct. 13 1915, all stocks are now quoted dollars per share.
Prices are on basis of 100-share lots. Exceptions of stocks which sell only In a small way are noted by the letter a. Option sales are disregarded.
STOCKSN Y S T O C K E X C H ’ QE
P a rAlbany A Susquehanna. 100anu Arbor____________ 100
Preferred___________ 100Atchison Top & 8 Fe.-lOO
Preferred___________ 100Atlanta BIrm & Atl___100Atlan Coast Line R R ..100Baltimore A Ohio_____ 100
Preferred___________ 100Brooklyn Rap Transit. 100
Certificates of deposit.- Buffalo Roch A P itts.. 100 Iluff A Susq v t c extd .100Canada Southern--------100Canadian Pacific--------10(Central RR of N J ------100Chesapeake A Ohio___100Chicago A Alton______ 100
Preferred___________ 100Chic & East Ills tr recta—
Preferred trust receiptsChic Great West........... 100
Preferred___________ 100Chic Mllw A St P au l.. 100
Preferred___________ 100Chicago A North W est.100
Preferred___________ 100Chic Rock 1st A Pac (new)
7% preferred__________0% preferred_________
Chic St P Minn A Om . 100Preferred........... .........100
Clov Cln Chic A St L ..100Preferred___________ 100
Colorado A Southern..100First preferred_____100
Crlpplo Creek Cent — 100 Preferred___________ 100
S A L E S
I n 12 M o n th s D ecem b er 1919.
Delaware A Hudson___100Del Lack A Western. . .5 0 Denver A Illo Grande. 100
Preferred___________ 100Detroit United lty------100Duluth 8 8 A Atlantic. 10U
Preferred----------------- looE r ie .................................100
First preferred--------100Second preferred___ 100
Great Northern p ro f.. 100Iron ore properties-------
Gulf M ob A Nor tr ctfs 100Preferred___________ 100
Havana Elec Ry, LA P100Illinois Central________100Interbora Cons Corp v t c
Preferred___________ 100Iowa Central................100Kansas City Southern. 100
Preferred___________ 100Keokuk A lies Moines. 100 Lake Erie A We.itern.-10G
Preferred___________ 100Lehigh Valley__________50Louisville A Nashville. 100 Manhattan Ry g u a r ..100Michigan Centra!--------100Mlnneap A 8t L (new). 100 Minn St P A S S M ...1 0 0
Missouri Pacific tr ctfs. 100 Preferred trust c t fs .. 100
Morris A Essex_________50Nashv Chalt A St Louis 100 N a tR y s o fM 1st pf ..100 Nat'l ltysof Mex 2d pf 100 N Orl Tex A Mex v t c . 100 New York C en tra l.... 100 N Y Chic A 8t Louis.. 100
First preferred--------100Second preferred... 100
N Y Lackaw A W est.. 100 N Y N H A Hartford. 100 N Y Ontario A W est..100 N Y State R ailw ays... 100Norfolk Southern.........100Norfolk A Western------100
Pref (adjustment).. 100Northern P acific_____100Pennsylvania__________60Peoria A Eastern_____100Pere Marq v t r______ 100
Prior prof v t r___..1 00Preferred v t r______ 100
Pitts Cln Chic A St L . .100 Pitts Ft W A C h it,p f.. 100 Pitts A W Va lnt c tfs .. 100
Preferred lnt ctfs— 100Reading Company------60
First preferred------- 50Second preferred— 60
St Louis-San F tr ctfs. lOu Preferred A tr ctfs. .100
St Louis Southwest— 100Preferred___________ 100
Seaboard Air Lino------100Preferred___________ 100
Southern Pacific C o__ 100Southern R ailw ay____10o
Preferred___________ 100Texas Pacific________100Third Avenue_________100Tol St L A W , tr receipts.
Preferred tr rects— 100 Twin City Rapid Tran. 100Union Pacific_________100
109)4 M ay 10 60 u July 2416) | July 22 2 5 ^ July 1838)4 July 9 §§)4 June 7 72 May 15
119)4 May 21 ™ Oct. 24 14 Mar. 10 60 Sept. 24 83)4 June 6 3 3 ) 4 July 1 0 70 Apr. 2 33)4 July 792) 4 Aug. 1 40)4 July 17 24)4 July 1711 Dec. 24 20 M ay 29
112)4 May 19 76 July 2 09)4 May 27 48)4 May 19 20 July 23 33)4-Dec. 26 70 Dec. 26 53)4 Dec. 27 72 Sept. 13
a 135 May 15 44)4 June 9 84 )4 June 793) 4 June 038) 4 Feb. 439) 4 May J7 27)4 July 15 37 M ay 2 23)4 June 9 37)4 June 1012 July 23 23)4 July 17
115 June 2 May 19 May 27 July 2 July 23 July 29 July 425 June 3 May 29 Mar. 5 July 1 July 1
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
30 STOCKS—STOCK EXCHANGE RECORDSTOCKS
N Y STOCK EXCH’ QE
P a r .Wabash_____________ _ioo
Preferred A _________1 0 0Preferred B _________100
West’n Maryl’d (new).100Second preferred___100
Western Pacific______ 100Preferred___________ 100
Wheeling & L E Ry___100Preferred___________ 100
Wisconsin Central____100Industrial and MlscellanAdams Express_______ lOoAdvance Rumely_____100
Preferred___________ 100Ajax Rubber Inc_____SOAlaska Gold Mines____loAlaska Juneau Gold M . 10Allis Chalmers M fg___100
Preferred__________ 100Amer Agrlcul Chem___100
Preferred___________ 100Amer Bank N ote .......... 50
Preferred___________100Butte Cop & Zinc v t c ..f lButterick_____________ 100Butte & Sup Cop, L td .. 10 Caddo Cent Oil & R ef. 100 Calif Packing Corp.no p a r
Preferred___________ 100Calif Petrol vot tr ctf . .100
Preferred___________ 100Calumet & Arizona M g. 10 Case (JI) Thresh M pf ctf 100Central Leather______ 100
Preferred___________ 100Cent & So Am Teleg___100Cerro de Pasco Cop.no p a r Certain-Teed Prod.no v a r
1st preferred_______Chandler M Car (The) no p a r Chic Pneumatic T ool. .100Chile C op per.._________25Chino Copper___________6Cluett, PeaDody & C o. 100
Preferred___________ 100Coca Cola_________ no p a rColorado Fuel & Iron ..100 Columbia Gas & E lec .. 100Columbia Graphophone___
Preferred______ __Computlng-Tab-Rec . . 100
[Vol. no.S A L E S
I nD ecem b er
S h a res .30.90074.900 8,700
29,2000,500
16,1005,800
51.900 13,3001,300
12 M o n th s 1919
S h a res .406.750389,56747,400
454,90030,100
102,84733,510
703,31873,09231,800
5,90016,6004.000
17.10056.90083.800
106,0002,400
13.300 1,200 1,650
30042.200
25012.8003.000
100 100
135.50013.60067.2001.100
24.200 500
41.500 2,800
58.70067.80011.8004.100
247.15034.000
2,000182.300
2,2005.300
212.150 2,650
119.5008.5004.900
80061,500
4.100 f 58,750
1,45080.700
590 760
121.4503.100 2,750
206.3003.900
17.80028.70010.700
243,10015.700
L 40,580 > 2,691 H 1,994
2,700 r 43,700
1.600212.400 37,400
2.900684.600
7.300 1,400
60027.300
3005.100
54.50014.800 5,600
367.6002.0008.300
30,600725
17,9501.300
1006.2005,000
50034.2005.300
57.00044.800 40,700
30039.0004.100 3,9001.150
122,6502,240
10060.0003.300
10039.200
3.70096.450 63,9009,000
23,50036.40027.400
214,225900 8001
66,676 462,400146.200630.100 258,720 583,970
1,561,545 49,690
389,180 14,600 28,250
1,950894.900
3,385405.100
3,000; 1,900rwT 4,295
2,935,940 40,245
1.612.450 14,680
603.800 4,360
519,904 27,334
1,439,2501.377.200
344,169 102,244
4,944,650 870,550
64,320 3,003,545
15,69592.600
1.073.450 7,460
6,323,55048.050 32,007
1,9501.127.050
12.200970.850
13,9101.727.200
11,1901,410
703,970 530,621
37,8381.469.450
45,760578,650 421,575
60,200 2,391,970
177,975 363,603
12,054 7,629
95,700 1,465,000
18.050212.40081.850 13,889
20,034,04010.900 4,700 2,900
297,632 8,000
1,112,470355.400
14.800 75,000
7,900,710 12,467 84,593
655.050 4,572
36,15036.800
7,69099,200
161,350 1,000
924,915 92,610
698.000444.400 833,575
1.600 953,900163.000 50,300 20,850
3,698,670 14,485
666 1,197,930
65,400 1,600
273.400 36,600
11,401,825 559,950 43,500 2,860
84,100 521,610 778,640 827,765
4,400 2,415
P r ic e ab ou t J a n . 2 1919.
B id . A sk 8% Sale
32% Sale 19% 21 11% Sale
3349% Sale 23% 24% 58 6060% 68 3% Sale 1% Sale
Sale 84% Sale 99 35
Sale Sale
90
3282%
1019633 42 65 82
160 Sale 47 Sale 97 99%93% Sale39% Sale 88 9084% Sale 13% 14 72% Sale 40 Sale 56 5755 % Sale 47 Sale 89 % Sale 61 Sale
101 103
P R I C E S I N D E C E M B E R .
D e e . 1.B id A sk
8% Sale 24 % Sale 15% Sale 10% Sale19 2420 22% 55 Sale 12% Sale 19 Sale
353032 Sale 38 Sale 70% Sale 81 Sale 2 Sale 2% Sale
40% Sale 90 9291% Sale 96% 98 45% Sale 48% Sale 90% Sale 85 95
120% Sale
Sale Sale
132% Sale ' 16 Sale 50 Sale
92 9576% Sale
103% 105% 100 105
111 112 112% 114 97% Sale 90 94%
100% Sale 195% Sale 101% Sale 51 Sale 95% Sale 27% Sale 11% 13% 42 Sale 60% Sale
' Sale1 1758 4768 Sale
107% Sale 67 Sale
74% Sale
103 Sale 106 111
1% 1%
61% Sale 61% Sale
104% Sale 22% Sale826596
8152
9069
100oSale
6 Sale 17% Sale 19 Sale48% Sale20% Sale 64% Sale 60% 63 92% Sale 60% Sale
102% 105 104 10734 Sale 33 40
18% Sale 33% Sale 62 64
100% 103%36% Sale 42% Sale
36 40
11% Sale 85 100"29% Sale
122 Sale 42 Sale 67 Sale
105 % Sale *67% Sale 92 9590% Sale
106% 107 47 4927% Sale 80 8462% Sale 98% Sale
115 11980 Salo 39% Sale 92% Sale
131 Salo
D e c . 31.B id . A sk
8% Sale 23% Sale10% Sale 17% Sale 24% Sale 60 Sale 12% Sale 18% Sale 26 Sale31 Sale 43% Sale 71% Salo 84 Sale
17 Oct. 0 39% July 30 37% July 14 54% May 27 87% Dec. 20
Oct. 15 Oct. 20 Sept. 10 July 24 Aug. 19
116% July 24 114 July 10
June 27 July 11 Nov. 7 July 23 Oct. 5 Nov. 3 July 14 July 10 Dec. 29 Sept. 11 " 7
10811625
10292
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
Jan., 1920.] STOCKS—STOCK EXCHANGE RECORD 31
STOCKSN Y STOCK EXCH’ QE I n 12 M o n th s j
D ecem b er 1919.P a r .
Consolidated CIgar.no p a rPreferred__________ 100
Consolidated Gas N Y .lO o Cons Int-Stato Call M g. 10Consol Textile_____no p a r
Rights................. ........Continental Can In c .. 100
Preferred__________ 100Cont’ l Candy ctfs ..n o p ar Corn Products ltefln.-lOO
Preferred___________ 100Crex Carpet--------------- 100Crucible Steel of Amer. 100
Preferred___________ 100Cuba Cano Sugar..no par
Preferred___________ 100Cuban-Amer Sugar— 100
Preferred___________ 100Deere A Co prof...........100Dome Mines Ltd (The).In Durham IIos Mills ‘ ‘B ” .50
Preferred-----------------100Elec Storage B attery.. 100Elk Horn Coal Corp------50
Preferred____________ 50Emerson-Brantlngham 100
Preferred___________ 100Endlcott-Johnson______ 50
Preferred___________ 100Fairbanks Co (The)------25Fain Players Laskey no p a r Federal Min A Smelt..lOu
Preferred___________ 100Fisher Body C orp..no par
Preferred___________ 100Fisk R ubber................... 25Freeport Texas C o. .no p ar Gas,WmsAWlg,Inc.no parGeneral Chemical.........100
Preferred___________ 100General Cigar, Inc____100
Debon prof (7 % )— 100Preferred___________ 100
General Electric______ 10uGen Motors Corp_____ 100
Preferred___________ 100Debenture stock____100
Goodrich (B F ).............. 10UPreferred___________ 100
Granby Cons M , S A P . 100Gray A Davis, Inc_____25Greene Cananea Copp. 100 Gulf States Steel tr ctfs 100
1st preferred________100Hartman Corporation. 100 Haskell A Barker C .no p arHoraestake Mining------100Inspiration Cons C op. .20Int Agrlc Corp v t c __ 100
Preferred v t c ______ 100Enternat Ilarves, new. 100
Preferred, new_____100Internal Merc Marine. 100
Preferred___________ 100International Nickel__ 25
Preferred___________ 100International Paner__ 100
Preferred stamped . . 100International Salt------- 100Iron Products Corp.no p a rIsland Creek Coal___ 'Jewel Tea, Inc_______ 100
Preferred......... ...........100Jones Bros Tea Inc____100Kayser (Julius) A C o ..100 Kolly-Springfield T ir e ..25
Preferred___________ 100Kennecott C opper..no p ar Keystono Tire A Ilubb.10Krosgo (S S) C o______ 100Lackawanna Steel____100Laclede Gas (St Louis). 100 Lee Rubber A T ire..no p ar Liggett A Myers Tob__100
R ig h ts________________Preferred___________ 100
Loft Incorporated..no p a r Loose-Wiles Bis tr ctfs. 100
Manat! Sugar------------- 100Manhattan Shirt--------- 25Marlln-Itockw v t c .no p a r Martin Parry Corp.no p a r Mathieson Alkali W ks.,50 Maxwell Motor tr ctf.100
Certificates of deposlt. lst preferred tr ctf._100
Certificates of depos2d preferred tr c tf__ 100
Certificates of depositMay Dept Stores_____ 100
Preferred___________ 100Mexican Potroloum_-.100
Preferred----------------- 100
S A L E S
Miami C0 ?r(5 f| .Middlo Sta Mldvulo Steel A Ord._ 50Montana Power---------- 100
Preferred___________ 100Mullins Body
Preferred___________ 100National Acme_________50NatAnlllneACh v t c no p a r
Preferred v t c ______ 100National Biscuit______ 100
Preferred___________ 100Natl Cloak A Suit____ 100
Preferred___________ 100Nat Cond’t A Cable no p a r Nat Enamel A Stamp. 100
Preferred___________ 100
S h ares .I , 940 3,800
82,95035.800 18,600 20,5004.700
10028.800
242,8004.000
100218.500
2.500 248,000
30.2002.400
3003.0009.000
500 300 100
17.600 100
4.0003.000
50.000 4,3001.500
133,2001,2004,6503.400
400120.500 80,41072.000
4771,250
40.700I , 550
30015.600
216.5003.200
24,50073.200
2.400II , 0007.100
14.20028.200
1004.500
18.700 400
109,3004.7003.100
89.3004.100
218,400109.000 193,800
600193.500
2.0002.200
24.400 400
16,20014.600
8,000700
26.3002,0003.700
600240,025162.600
20092.700
1.70052.900
6.700 400
1,61031.400
2.100 600 200
10.900 800
1.5004.000
6003.100
200I I , 750
61024.30012.50012.400 3,8003.0002.100
16.300 1,800
370.200 250
33,450168.200 175,900
10.700 600
30,100300
10,20055.900
4,8003.500
900 800 505
34,80025.700
100
S h a res . 46,440118.750
357,534 438,450]
47.10020.500
568,7001.650
721,150 875,440
33,3067,970
985,79525.750
2,223,585413.580
43,7283,062
10,410238,100
500300
9,010237,750
6,10054,000
6,125273,325
25,66036,900
702.830 21,800 61,070
201,17015,815
789,520678,500718,950
7,2423,512
1,143,9507,2501,630
275.830 3,495,975
96,037 262,160
1,773,700 34,250
* 16,200 12,100
189,0252.236.725
30023.800
615,4505.200
1.742.725 203,925 152,618 573,700
15,8736,072,8004,479,2552,332,052
2,9252,616,300
54,2933,333
47,150400
216.100 31,870 93,300
5,3251,339,555
14,06376,900.
6,30011,453,1992,094,480
3,3101,340,460
12,020416,150
21.800 400
13,92031,400
128.500 4,410 3,850
232,8457,2025,100
13,025600
04,9007,400
20,5504,432
840.50017.200
308,8104.700
229.7502.700
185,7767,900
7.739.580 3,135
300,654534,075
3,028,230118,600
1,61086,700
300296,440281,600
26.650 65,5007,088
33,8006,225
473,100462,850
5,540
B id .
P r ic e a bou t J a n . 2 1919.
A s k .
97 Sale8 H m
P R I C E S I N D E C E M B E R .
69)* Sale 104>* 108485* Sale
104 Sale 45 5558 Sale 91 Sale 295* Sale 795* Sale
135 16095 J* Sale 115* Sale
50 5527 295*
47
......... .........
9 1137 3936 39925* 935*
305* Saleil70 Sale1015* 10548 Sale
103151 Sale133 Sale82 8457 Sale
101 10679 Sale
B id . A sk635* Sale 80 Sale 845* Sale 165* Sale 32J* Sale
D e c . 1.
88 Sale
125* Sale 795* Sale
1065* Sale 50 60
192 Sale 99 5* Sale 455* Sale 83 Sale
350 4001075*------100 101
135* Sale
D e c . 31.B id . A sk62 Sale 785* 795* 815* Sale 785* Sale 31 Sale
5* Sale 885* Sale13 Sale 85 Sale
1095* Sale 55 57
217 Sale
125 13525 Sale 345* 40925* Sale
134 5* Sale 1055* Sale79 5 * ........875* Sale
9 11255* Sale
125 135101 Sale 40 Sale 365* Sale 18 Sale
a 195 Sale 101 102 685* Sale 93 94985* 105
1715* Sale 325 Sale 92 Sale 905* Sale 785* Sale
525* Sale j 83 Sale404 415106 112 100 101 *135* Sale
63 Sale 1015* Sale 135 140265* Sale 385* 45 275* Sale 90 Sale
;'1415*Sale j 103 5* Sale 84 5* Sale
/875* Sale 10 Sale 265* Sale
1315* Sale 105 110435* Sale 355* Sale 18 Sale
Sale625*
54 5645 455*94 Sale 465* Sale 105* Sale 47 48
115 Sale105 ____265* Sale
1125* Sale 325* Sale96 5 * ------305* Sale 625* Sale 52 62
Sale92
695* Sale29 3185 90325* Sale100 110 675* Sale 83 86215* Sale
210 236106 110
45 5* Sale 935* — - 94 965*
155 1651055* 110 70 735*63 655*
69 80------- 435*285* Sale
495* 515*195* Sale
Sale78
295* Sale
54 Sale 49 Sale 345* Sale 04 Sale
895* Sale 50 Sale 69 8047 Sale 205* Sale 82 J* Sale
125 5* Sale40 Salo
1015* Sale 22 J* Sale 93 Sale 665* Sale 77J* Sale37 Sale
235*Sale
115 Sale 1265* Salo 100 104805* Sale 97 995*28 Sale 455* Sale
L o w est.
1929745
925
12110140
H ig h es t .
725* Sale 93 9496 104
;1695* 170 *339 Sale *90 Sale x845* Sale
81 Sale 102 Sale 52 Sale 485* Sale 36 Sale 775* Sale 92 J* 97 99 5* Sale
j015* Sale 71 745*605* Sale 185* 195*
*81 Sale 1325* Sale 113 Sale 495* Sale
109 5* Sale 245* Sale 90 Sale 795* Sale 795* Sale 70 7140 Sale165* Sale 425* Sale 26 27
115 Sale 1435* Sale 100 10372 7897 99
5295* Sale 5435* Sale
83 Sale 40 45335* Sale
200 Sale112 Sale
705* Sale 100 1005*109 Salo 1745* Salo110 12070 8064 645*
5875* Sale 335* Sale 365* Sale
206 Sale109 112265* Sale65 6899 100
106 11551795*Sale 1105* 11466 Sale
30 Sale
31 40365* Sale 365* Sale 66 Sale643130
SaleSaleSale
107189
110Sale
100 11068 72
103 10‘616 Sale 475* Sale 90 94
355* Sale 62 Sale 895* Sale
115 Sale 114 Sale 77 80
103 Sale 115* Sale 755* Salo
100 102
641323361
645*SaleSale
71
Sale P r ic es .62 Dec. 29 785* Dec. 26 785* Dec. 29 16 5* Dec. 1 305* Dec. 16
104 Jan.1625* Jan.99 Dec.21 Nov 32 Oct.405* Feb.54 Nov,
100 Nov40 N ov. 13 99 Dec.295* Jan.45 Sept. 24
Nov. 13 Aug. 20 Dec. 22 Jan.Dec.
H ig h es t .
15141497
22251423
389
3V11
S ale P r ic e s .75 June 27 865* July 11
1065* July 23 Oct.375* Nov
15* Dec. 1035* June 110 June 17
155* Oct. 2099 Oct.
109 5* July79 July
261 Oct.105 July 55 Dec.87 5* Dec.
410 Oct. 1075* Dec.103 July 28
165* M ay 1263 Dec. 31
1015* Dec. 31 137 Dec. 3
July 16 July 23 June 27 June 26 Dec. 2
107J* Dec.94 Oct.
123 July235* July 485* July
173 Oct. 1105* Oct.55 Oct.64 5* July 385* July
203 Nov.108 Feb 14 955* July 23
101 Aug. 8106 M ay 12 176 Oct. 20 4065* N ov. 595 June 394 5* Apr. 14 935* Oct. 29
1095* Apr. 1680 Jan. 3 535* Nov 2647 5* July 14 895* Oct. 2095 5* M ay 26
1005* Dec. 26715* July 14
100 Feb. 26 685* July 16 375* July 14 915* July 14
1495* July 7 120 June 23 675* July 11
1285* M ay 28 335* June 26 97 5* May 28 82 N ov. 5 80 July 22 70 Dec. 2265 Nov 7 445* Dec. 548 Mar. 15
M ar. 6 July 16 Apr. 22 N ov. 3 Oct. 21 Oct.
210171514879
14147
9144
130
28101514
2119516
107
11010763
t6313028
8710711270
10385* Dec,
455* Feb. 03 Jan.
110>114*1005* Oct.43 July
1265* July 170 July 25 1075* Nov. 183 Jan. 21 40 Oct. 21
2505* Aug. 8 16 Dec. 18
115 July 16 275* Dec. 31 81 July 14
1065* June 19 120 June 20 245 July 23 115 July 29 795* M ay 27 66 July 11
137 Dec. 24 385* July 17 801* Apr. 30 315* Nov 7 43 Oct. 17 61 July 28 43 Nov 1584 5* July 28 69 5* Nov 18 465* June 3 355* Nov 24
1315* Oct. 31 110 M ay 2 264 Oct. 22 1185* Sept. 30 325* July 17 715* Nov. 18 625* July 14 83 July 29
1065* Feb. 25 53 Oct. 20 99 5* Dec. 30 435* July 12 75 N ov. 7 915* Oct. 7
139 Oct. 7 *121 M ar. 14
92 July 26 1085* MayI26
245* July 13 8| 885* June 7
15i 04 ay 27
22
30
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
32 STOCKS—STOCK EXCHANGE RECORD [Vol. 110.STOCKS
N Y STOCK EXCH’GE
„ P a rNational Lead________100
Preferred__________ looNevada Consol Copper 5 New York Air Brake.. 100New York Dock______100
Preferred__________ 100No Amer Co new stock. 100 Nova Scotia Steel A C . 100 Ohio Cities Gas (The). 25Ohio Fuel Supply____ 25Oklahoma Prod A R e f.. .5 Ontario Silver Mining. 1 0 0Otis Elevator_____________Otis Steel___________n o p a rOwens Bottle-Mach__ 25Pabst Brewing prof____looPacific Development____IPacific Gas A Electric. 100Pacific Mall SS............. 5 IPacific Tel A Tel____1 0 0Pan-Amer Pet A Tr___5 0
S A L E S
I nD ecem b er
12 M o n th s 1919.
S h a res .17.600
60030,70031.900 6,400 4,900 6,7009.600
196.500 300
133,3007,5007,510
38,50011.900
1003,0604,3003,0004,340
362.5005ilght« - r - - r ........... — 104^300Class B stock___ - I I I 5 0Preferred......... .......... ioo*
Parish A Blngham_.no par\ Penn-Seab Stl v t c .n o p a r People’s Gas L A Coke. 1 0 0 Philadelphia Co (Pitts) so! Pierce-Arrow M ot C n o pari
50% Juno 0 139% Nov 0 119% July 10 78% Nov 25 60 Mar. 12
115% July 14 117% July 1 7 97% July 10 21 % Juno 11 62 Dec. 11 92% July 14
115% Oct. 14 *88 Dec. 31
29% Oct. 23 95 Oct. 2379 May 23 92% May 20
120 July 7 59% Juno 9 70 M ay 2480 Oct. 20 3 Dec. 29
40% June 2 98% M ay 9
104% July 2 104% Juno 10 130% July 25 117% Jan. 17 117 Oct. 7 08% Oct. 1881 ‘Oct. 8
d .r ln V lK ^ o 'th p W to ih fc d r .S *^ ^ ^ y QuolodM-dMd.a
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
33
General QuotationsO F
B O N D S A N D S T O C K S1. In tho following thirty-two pages of tables, quotations are given for all the more important securities listed on
any Stock Exchange in tho United States; also for leading unlisted and inactive securities. •2. Quotations from all Stock Exchanges are as near as possible for the closing day of the month preceding the date of Issue. As the New York Stock Exchange bogan with Jan. 2 1909 to quote all bond prices “ and interest,” wo have adopted
the same method, and no longer employ a designating mark to indicate the fact except where there is a deviation from this rulo. The roader will understand, therefore, that unless the letter “/ ” is prefixed to the price, ho must, pay a corued Interest in addition to the price. This, however, does not apply to income bonds or bonds in default, in whioa cases the price includes tho interest, should there bo any.
3 . The letter “/ ” prefixed to bond prices denotes that the quotation is a flat price— that is, that the accrued interestforms part of the prico, 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. Stook prices marked thus (d) are per share. All others are per cent except bank stock prices, which are quotedper share unless otherwise stated. ' .
5 . It should be borne in mind in the use of these tables that the quotations for many inactive and unlisted securities »re meroly nominal, but in all oasos the figures are obtained from sources which are considered reliable.
6 . The following abbreviations are often used, viz.: “ M ” for mortgage, “ g” for gold, “ gu.” for guaranteed, “ end” for endorsed, “ cons” for consolidated, “ conv” for convertible, “ s f” for sinking fund, “ 1 g” for land grant, “ op” for optional.
7. The blaok-faced type in the letters showing the interest period indicates the m o n t h when the bonds mature.NOTICE.— All bond prices are "an d Interest" except where marked " f " and Income and defaulted bonds.
A s k . Bonds B id . A s k . |
Balt A Harrisb—Seo West MdBaltimore A Ohio—
Prior lien 3%s g 1925...J A J 83 83%1st M 4s g duly 1 1948.-AAO 00% 67Conv 4 %s 1933 red 1923 MAS 58% 59%Ref A gen 5s 1995 Ser A ..J A D 62% 62%10-ys 0s July 1929 temp JAJ 89% 90%
91 Eq g 4 %s 1920-Feb ’22. FAA 6 6.25 07cEq 4 %s 1920-1923____AAO 6 6.25 67cPitt JcAM dlv 3%s g ’25MAN 75Pittsb Lake Erie A W Va—
80 Refund gold 4s 1941..MAN 57% 5881 S W div 1st g 3%s 1925.-JAJ 76% 70%;82 Central Ohio95% Reor 1st con g 4% s’30MAS 87%
Ohio RivItR— 1st g 5s’36JAD 91% 94Gen gold 5s 1937 ...A A O 79 90HuntABS 1st 0s 1922..JAJ 95Itav SpenAG 1st 6s’20 FAA 95 . . . - -
Pitts Cl A Tol 1st 6s’22.AAO 90Pitts June— 1st g 6s ’ 22. .JAJ 97
2d g 5s July 1 1922__ JAJ 92 _____Sell Illv East Side 4s’ 25 .JAD 89
57% Staten Isl Ry 4%s 1943.JAD 60 70ostook Tol A Cin div 4s 1959..JAJ 50 ,
W Va A Pitts 1st 4s g '90AAO 00 64Bangor A Aroostook—
1st M 5s g Jan 1 1943------JAJ 87 9047
Medford Ext 5s 1 9 3 7 ...MAN 78 8281% Piscat Div g 5s Jan '4 3 . .AAO 75 80 ]09% StJohnsltivExt gu 5s’ 39.FAA 70 75 j70% Van Bur Ex 5s g Jan ’43. AAO 8272% Washburn Ext 1st 5s’ 39.FAA 70 75
8489% Nor Maine Seaport 5s '35AAO n 50 60 j
70% Battle Cr’k A Stiir— See Mich CBeech Creek— See N Y C A H RIv
94 Bellingham Bay A British Col—91% 82
Bell A Caron— See Illinois Cent69 Belt RIt A Stk Yds (Ind’p T s)—
1st ref g 4s 1939_______MAN 7 5 8099% Belt Ry of Chat— Seo Ala Gr So
Belvidero Del— See Pennsylvani a95 Bennington A ltutl’d—See Rut land
Big Sandy Ry— See Ches A Ohio45 Blrm Belt— Seo St L A San Fr71 Birmingham A S E 0s 1901 MAN » -__ - - - - -
Blrm Term 1st g 4s ’ 57 gu.MAS 68 71Boonv St Louis A Sou—See Mo Pacific
ashv Boston A Albany 5s Oct ’ 03 JAJ 8386%87%
4 %s July 1937 .JAJ 82%95 4s May 1 1933gu NYC.M AN 8092% 4s May 1 1934 gu N Y C . MAN 80
4s May 1 ’35 guNYC__ MAN 8080 3%s Jan 1 1951 JAJ 0373 Ref 3%s 1952 gu NYC AAO 6308 Bost A Lowell 4%s Fob '33 .JAJ 8477% 80
5.50 ' 3%s*Jan 1921 __ .JAJ 9490 Boston A Maine— 4%s g '44JAJ 68
4%s April 1 1929______ AAO 7880 4s "Sept 1 1926 __ MAS 77
4s Feb 1 1937 . __ FAA 6464
3%s Nov 1 1921......... .M AN 80114 3%s Jan 1923 _________ JAJ 78
3s July 1950 .JAJ 50PortsGtFACon 4%s ’37 .JAD 70
90 Bos A NYAL— Seo NYNHA1I107 Boston Rev B A L 4%s ’ 27.JAU 89
Bruns A W— See At Coast LineBuffalo Creek 1st 5s 1941. .JAJ ___Buffalo Rochester A Pittsburgh
98 General 5s g 1937______ MAS 92% 95Con g 4%s 1957______MAN 79 83%Equip 6s Ser K 1920-’ 33. FAA 6 0% 5% %Equip 4 %s Ser E 1922 .MAN 6 0% A %Eq'ulp g 4%s Ser F 1927. AAO 6 0% 5% %Equip -is Ser G 1929____AAO 6 6% 6% %At A West 4s g guar 1998AAO 73%Clear A M 1st 5s g gu ’43. JAJ 89Roch A P 1st 6s 1921 ..F A A 99% ioo%
• Consol 1st g 6s 1922..JAD 100 100%Buffalo A Southwest— See Erie.
BondsRAILROAD BONDS
Bonds o f c o m p a n i e s c o n s o l ’ d a r e tften u n d e r th e c o n s o l i d a t e d n a m e . Adirondack— See Dol A Hudson Akron A Barb Bolt e 4s ’42. JAD AlaG t South 1st 6s Doc '27. JAJ
Gen M 5s Dec 1 1027 £ ..JA D 1st cons g 5s 1943 Ser A .JAD Belt Ry of Cliatt 5s 1945.JAJ
Ala Midland— Soo Atl Coast Lin Alabama N Orl T A P J unc—
“ A ” deb 5s g ’ 40 red ’ 10.MAN " B ” (leb g 5s '40 red '10.M AN " C ” (lob g 5s Nov 1 1940. AAO
Ala A Vick— Con g 5s 1921 AAO2d consol g 5s 1921_____AAOVicks A Mer 1st g 6s ’ 21. AAO
Albany A Susq— See Del A Ilud Allegheny Valley— See Penn RR Alleg A West— Seo Buff It A P Allentown Terras 4s 1919
Ext at 6% to 1029______ JAJAlton Bridge— Seo St C M A StLAnn Arbor 1st g 4s 1995__ Q-JAroostookNorthorn— SeoBangor Aroostook Valley— See Canadla Asheville A Spartanburg— S U A
Col 1st M g gu 4s 1995. .JAJ Atch A East’n Br— 4s 1928.JAJ Atchison Topeka A Santa Fo—
Gen mort gold 4s 1995. _AAO Adjustment 4s July 1 ’95 .Nov
Stamped..................... MANC onvg4sof ’09 duo’65optJAD Conv g 4s of 1905 due’55 -J ADConv g 4s 1900_______ JADTrans S L 1st g 4s 1958..JAJ Cal-Arlz lstA rf4% s’02opMAS
Series B ..... ................ .......E Okla Dlv 1st g 4s ’ 28. MAS Hutch A So 1st g 5s 1928.JAJ Rocky Mt Dlv 4s 1905.JAJ San Fran A San Joaquin Vail—
1st g 5s Oct 1 1040 ... A AO Santa Fo Proscott A Phoenix
1st g 5s 1942............ MASAtlanta Blrm A Atlantic—
Income 5s Nov 1 1930___Atl A Blrm 1st g 5s 1934.JAJ
Atlanta A Chari A L—See South Atl Knox A Cln— Seo Lou A Nas Atlanta Knoxv A Nor— Seo Lou Atlantic A Dan— Seo South RR Atlantic City— See Reading Co Atlantic Coast Lino Co of Conn—
1st cons 4s July 1 1952 MAS Col trg4sO ct 1 ’62 op MAN Conv ueb 4s '39 op '10 MAN Gen unlf Ser A 4%s '04 JAD Eq 4%s Jno'20-Dec'21 JAD AlaMld— lstgug5s’28MAN Atlantic Coast Lino of SC—
Gen 1st g 4s July '48 .JAJ N E of S C 0s 1933.. JAJ
Brun A West 1st 4s '38 .JAJ Cent of So Car 0s ’ 21 ..JAJ Char A Sav gen 7s 1930. JAJ Fla So 1st g gu 4s ’4 5 .-JAJ Nor A Car 5s 1939...AAO Fet’b ’g— Class A 5sg’20 JAJ
Class B 0s g 1920..AAO Rich A Peters 4 %s 1940 AAO Sav Fla A W 1st g 0s '34 AAO
1st M g 5s 1934____AAOWI1 A Wei gen g 5s ’35.JAJ
Gen mort g 4s 1935. .JAJ Atlantic A Yadkin— Seo Souther Augusta South— See South Ry. Aug Term—See Chari A W Car Austin A Northw’n— See So Pac Balt Chcs A Atlan— See Pa RIt Balt A Cumb Val RR 0s ’29.JAJ
Ex 1st M 0s July 1931...JAJ
B id .
7690808078
If 84 If 79 If 78
95 93 97
10152
n Pac.7080
09) 69; 00 08« 89 75) 81
I f 92 88 85
3509
hvllle
7100%70
65.95
7810478
100
95 93
103 85
100 90 95 80
n Ry.
9090
Bonds
1st 4s Dec 30 1903.. ___ JAJ
am A Clear— 1st 5s g ’ 4 1 ..JAJ Gen M g 4s 1955............ FAA
1st con deb 4s 1930 gu. JAD306% coll notes 1922______FAA0% coll notes 1924______FAAEq 4%s various_____________Eq trOs.J’ly ’20 Jan’29SerBJAJ Manitoba SE 1st 4s £ ’ 29FAA Winnipeg Term g 4s ’39g.JAJCons deben 4s perpetual..JAJ 0% notes Mar 2 1924..MAS2 Eq tr 4%s 1920-1928...J A J Aroostook Val 4%s 1929 FAA New Brunsw 1st g 5s '34 FAA
Cons deb 4s perpetual-. J AJ OntAQue deb gu 5s perp JAD
arb A Shaw— See Illinois Cent
Equip 5s 1920-1922..........FAAarolina A Yadkin River—1st s f 5s 1902___________JAD
arthage A Adiron— See N Y C atawissa cons g 4s 1948..AAO i R la F A N— See B C R A N lentral Argentine Ry Ltd— Conv g 0% notes 1927.. FAA
Cent Ark A East— See St L S W Cent Branch Ry—See M o Pac Central of Georgia—
1st M g 5s Nov 1 1945..FA ACons gold 5s 1945______ MAN10-yr 0% sec gold bds ’29JAD Eq 4%s July 20 Jan’26..JAJ Chat Div gold 4s 1951..JA D Macon A N org 5s 1946..JAJ Mid Ga A Atl 1st 5s 1947 JAJMobile Div g 5s 1940____JAJOconee Div 1st g 5s 1945 JAD Cent IIR A Bkg 5s 1937 MAN Chattahoochee A G 5s ’30JAJ Chat It A South g 5s ’ 47.JAJ Eatonton Br 5s g 1926..JAD Ocean SS Co g gu 5s ’ 20 .JAJ
Cent Indiana— See Cl Cin Ch A Cent A New Eng—See N Y N H Central of New Jersey—
Gen M (now 1st) g 5s ’87 JAJ AmDAImpCo gu 5s ’ 21 .JAJ Leh A W B Coal con g 4s
1920, 1925, '30, ’ 35 ..J A D N Y A L Br gen 4s 1941.MAS
General gold 5s 1941..M A S Central Ohio—See Balt A Ohio Central Pacific— Seo So Pacific. Cent Venn 1st 4s May ’20 .Q F Charleston A Nor— See Caro Atl Chari A W Car 1st 5s ’4 6 .. AAO
Aug Term 1st gu g 6s ’ 47 AAO Chateaugay Ry— Seo Del A II Chattahoochee A Gulf— See Cen Chattanooga Sta Is ’57 gu.JAJ Chesapeake A Ohio—
1st cons g 5s 1939______ MANGeneral 4%s gold 1992..MAS Conv g 4%s 1930 o p ’ 15. FAA Gen fund A Impt 4s 1929.JAJC onvg 5s 1940__________AAOCraig Valley 1st 5s g '40 ..JA JPotts Creek 4s 1940_____ JAJR A A Div 1st con g 4s ’ 89JAJ
2d con g 4s 1989_______ JAJWarm Sp Val 1st 5s g ’ 41 MAS Coal RIv Ry 1st 4s gu’45 JAD Elevator Co g 4sgu '3 8 . .AAO Big Sandy Ry 1st g 4s’44 JAD Greenb Ry lstg gu 4s’40MAN Raleigh A S W 1st 4s ’ 30.JAJ W estPocCorplst 4% s’45 FAA
Chesapeake A Ohio Northern—1st M 5s 1945 guar..........AAO
Chesterf’d A Lane 1st 5s ’ 55FA A Chic A Alton 1st 3%s 1950.JAJ
R R refund g 3s 1949____AAODeb 53 1922 subj to call.JAD
B id . A s k .
70 7386 8895 9895 10080 8585% 87%
9,8 98
6 6%7o 6 6%7o
If 71 97 «% 50 If 89 If 60
It 83
70 60.50%
80
81
90 % 85% 92 %
6 0.50
89% 8S83 % 80 80% 8584 80 95
StLouls A Hartf
99%98%
b 6% 80%
100
West8490
of Ga.6093%74%75%7979%7864%70%70%716070707065785040%30%40
81.0698%98%
6% /fc6% %
7497%
5.70%'s i r -0985
756%
1584
84
9887%93
0%76
84%
10099
5% %
54
9474%75%81%80810971%64%
'§2 %'so'"
84'so'"30%
6 Basis. /T h is price Includes accrued Interest, k Last sale. I In London, n Nominal. « Sale price
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
34 GENERAL QUOTATIONS [Vol. l ioNOTICE.— All bond prices are “ and interest” except where marked “ I” and incom e and defau lted bonds.
B id . A s k .
cD 105 107cD 75AS 80>i 8 7 %
AJ 101)AS 93J1 .........iD 90tD 55 65c A 51 53AJ 81 J-i 81%M 99>i 100kJ 58 58%eS 90 M P
95
D ____ - 80%kJ ____ 86%fcj ____ 87
N n 67 7 7 .in la RR :A 7515 6 6.5( o .io % 1c J 55 ]D 97 L.W 1
cS 91 9 5 1A 70 ......... i
70D 62% 63% I:J ......... 83J 74 77 1J 86% 87%J b 5.95 5.70% I3 b 5.95 5.70% 1J 70 77% IJ . . . . 64 % EN 65% 60% IS -------- 70 IJ _____ 71 I^ 45 55O 48 ......... EF 78% 84 E^ 99J 88% 95PJ 101%9 70J 76 E0 52% 54%1 / 20 23................ 270 89 91. 89 92J 70 i
l 0S
80
4 60 66[ aryland\. 84 80T| 74% 7531 97 97%k S F1 10 159 5 7
Chicago Burlington A Quincy—Gen M 4s 1958.......... MASDenv Ext coll tr 4s 1922. FAA Illinois D lv3%s’49 op ’ 29. JAJ
4s July 1 1949________ JAJNebraska Ext 4s 1927..MAN8 W Dlv s f 4s 1921____MASC B A Q Joint 4s— See Gt Nor
Chicago A Eastern Illinois— Ref A Imp M 4s g ’ 55 op.JAJ
U S Mtg A Tr ctfs d ep .— 1st consol 6s gold 1934.. AAO Gen consol 1st 5s 1937..MAN
U S Mtge A Trust ctfs dep stamped M A N 1915
M A N 1916 andM A 1917 int.............
Guaranty Tr Co ctf d ep .. PurM lst lien coal5s’42opFAA Eq 5% s Mar’20-Sep '25 MAS C h A I C Ry— 1st 5s ’36.JAJ DanvAGCrlst M 6s ’20MAN Ev THAChlc inc 6s ’ 20. MAN
Chic Gt West— 1st 4s 1959MAS Chic Ham A West 1st 6s’27.JAJ Chic A I c Ry— See Chic A E 111 Chicago Indiana A Southern Ily
Con mtge g 4s 1956 guar. JAJ Ind 111 A la 1st g 4s 1950.JAJ
Chicago Indlanap A Louisville— Ref M g 6s 1947 Ser A ...J A JRef M g 5s 1947 Ser B__ JAJRef M g 4s 1947 Ser C__ JAJ1st A gen 5s 1966..........MANEq 4%s Mch 15 ’20-’ 21.MAS Eq 4%S Aprl5 ’20-’ 21 AA015
.E q 4%S Feb’ 20-Aug ’ 23. FA A Indianap A Lou 1st 4s ’56JAJ Monon Coal gu 5s ’ 36 op JAD
Ch I A StL ShL—See CCCAStL Chicago Lake Shore A Eastern—
1st M 4%s 1969 op 1919 JAD Chic Mllw A Puget Sound—
1st M g 4s 1949 guar JAJ-Q-J Chicago Milwaukee A St Paul—
Gen g 4s A May 1 1989..JAJ Gen A ref 4%s Jan 2014 AAO Cony 5s Jan 2014 Ser B FAA Gen g 3%s B May 1 1989 JAJ Gen 4%s May ’ 89Ser C JAJ Deb gold 4s July 1 1934 JAJ Conv deb 4%s ’32 op ’22 JAD Gold bonds 4s 1925 op ’ 22J AD Chic A L Sup Dlv g 5s '21JAJ Ch A M o Rlv 1st 5s 1926.JAJ Ch A Pac West Dlv 5s’ 21. JAJ Dubuque Dlv 1st 6s 1920 JAJ Fargo A So g 6s ass’d ’ 24 .JAJ MU A Nor 6s ext a t4 % ’34 JAD
Cons 6s ’ 13 ext at 4% to1934................ JAD
Wis A Minn Dlv g 5s’ 21.JAJ Wise Vail Dlv 1st 6s’20..JA J
Ch A No M — See Pere Marq Chicago A North Western—
Gen M 3% sg 1987.........MANGen M gold 4s 1987____MAN
Stpd non-pay Fed Inc Tax GenM 5s 1987 stp inc taxMAN Sink fund deb 5s 1933..MANSinking fund 6s 1929__ AAO
5s 1929______________ AAO30-year deb 5s 1921 AAO 15 Exten bonds 4s 1926. .FA A 15 Equip tr 4%s 1920-1922.AAO Boyer Val 1st g 3%s ’23.JAD Des Plaines Val 4%s ’47. MAS Frem Elk A Mo V 6s ’33 AAO la Minn A N W lst3% s’35JAJ M anitowGBANW3%s’41JAJ Mashf ext 1st M ts '2 2 .. A AO Mil Lak Sh A W 6s 1921 MAN
Mich Dlv 1st 6s 1924 JAJ Ashland Divlst g 6s’25MAS ExtAlmp s f g 5s ’29. FAA
MllSpartaANWlst4s '47MAS MilAStateLIne lst3% s’41JAJ Minn A la 1st g 3%s ’24 JAD Peoria A N W 3%s 1926 MAS Prin A Northw 3%s 1926 JAJ St L Peo A N W 5s, 1948.JAJ St Paul EastGrTr4%s’47JAJ Sioux City A Pac3%s’36FAA
Chicago Peoria A St. Louis— Prior lien g 4 ^ s 1930 ..MAS
Certificates of d eposit..___Chic Rock Isl A Pac Railway—
General gold 4s 1988____JAJRef g 4s 1934 op to 1911 AAO Eq 5s Ser H 1920-1923. .JAJ Eq 4% s A p r ’ 20-Oct’ 19.AAOEq 4%s M a y ’20-’25__ MANEq 4%s July'20-July ’ 27.JAJ Burl Cedar Rapids A North—
Con 1st Acol tr 5s g ’ 34 AAO Cedar Rap la Falls A NW —
5s bold guar 1921..AAO MAStL 1st gu g 7s ’27 JAD
Choctaw Oklahoma A Gulf— Consol gold 6s 1952..MAN
Choc A Memph 5s 1949..JAJ Peoria RyTer 4s’ 37 gu opJAJ R I Ar A La 4%s 1934..MAS Rock Isl A Peoria 6s ’ 2 5 ..JAJ St P A K C Sh L 4% s’41 FAA Keo A Des M — 1st 5s ’ 23AAO
Chic St L A N O— See IU Cent Chic St L A Pitts— See Penn Co
Denver A Rio Grande—1st con g 4s 1936_______ JAJ1st con g 4%s 1936_____JAJImprov’t gold 5s 1 9 2 8 ...JAD 1st A ref g 5s 1955 o p ...F A A
Bankers Tr Co stpd ctf dep Adj Inc 7s cum 1932 op ..A A O Rio Gr June 1st gu 5s ’ 39 JAD Rio Gr So 1st g 4s ’ 4 0 ...J A J
1st g 4s guar 1940____JAJRio Gr West 1st 4s ’3 9 ..JAJ
1st cons g 4s 1949 o p . . AAO Utah Fuel 1st 5s 1931. MAS
B id . A it
00 70104
8070%
99%93% 9592% 9 3 %9200 —
67% 0869%72% 7443 46
4340 477428 3228 3265 69%49 52
— 83
Col Connec A Ter-
89864566%
6668
3%s Jan 1921_________3%s Jan 1 1923______
Connecting Ry (Phlla)—
Cum A Penn— 1st g 5s ’ 21.
Delaware A Hudson—
6% notes Adlrond li
1st Eq’ ISext to N ovl4 ’20 AAO Con gu’ 18 ext toNo v 15’20AAO
>et Gr Rap A West— See PereM •etroit A Mackinac—Prior lien gold 4s 1995..JAD Mortgage gold 4s 1995..JAD
•etroit Rlv Tun— See Mich Cen Detroit A Toledo Shore Line— 1st gold guar 4s 1953____JAJ
1st cons g 6s Jan 1 1923..JAJ Gen g sf 5s Jan 1 1 9 4 1 ...JAJ
•uluth Rainy Lake A Winnipeg 1st 5s 1916 ext 1921. . 1 . JAJ
•uluth South Shore A Atlantic1st gold 5s 1937........... . . .J A J
•utchess Co— See Cent New Eng
1 ton A Amboy— See Leh Val
1st 6s ’ 10 ext at 4% 1950. JAJ Income 5s 2862............... AAO
New Mexico Ry A Coal Co— 1st col tr g 5s Oct 1 ’ 47 AAO IstAconAcoll tr g 5s’51AAO Dawson R A Coal 5s’51JAJ ElPasARI lstggu 5s’51JAJ
!rio— N YAElstlsext g ’47 MAN 4%s 3d ext gold 1928 ..M A S5s 4th ext gold 1920____AAO4s 5th ext gold 1928____JAD7s 1st cons g 1920.........MAS7s 1st cons g fund 1920.MAS Prior Hen gold 4s 1 9 9 6 ...JAJ Gen lien gold 4s 1996 . . JAJ Conv gold 4s 1953 Ser A . AAO
Series B 1953_________AAOSeries D 1953..............AAO
Eq g 4%s Feb ’20-Aug’21FAAEq g 5s July 1920-1923 JAJEq 4%sSerBBFeb’20-24 FAA Penn coll g 4s Feb 1 ’5 1 .. FAA Buffalo A Southwestern—
1st g 6s’08 ext to 1928 JAJ 2d g 5s ’ 08 ext to 1928.JAJ
Jeff RR5s gu’09 ext to’ 19AAO Chic A At! Term 5s 1918
ext to July 1928______ JAJCh A Erie 5s 1st g 1982. MAN Cleve A Mah Val g 5s ’ 38 JAJ Erie A Jersey s f 6s 1955.JAJ Genesee River 6s 1957..JAJ Long Dock 6s con g 1935 AAO Newt) A N Y 1st 5s 1929.JAJ N J A N Y 1st 6s 1910—
Ext at 5% to 1950____ MANNYAGr Lake gu g 5s’46 MAN N Y L E A W C A RR—
1st 6s curr guar 1922. MAN N Y L E A W D A I 1st 6 s ’ 13
Extended at 5% to ’ 43 JAJ N Y Pa A O p 1 4%s ’35 MAS N Y Susq A Western—
1st refunding 5s 1937..JAJ2d mtge 4%s 1937____FAAGen mtge 5s g 1940__ FAATerm 1st g 5s 1943...MAN Midland of N J 1st 6s. 1910
ext at 5% to 1940..AAO WllkesAE 1st g 5s’ 42 JAD
Inn A S N W
9693
5550
67909892959274
89%
80 89
o A Sou
807585807991%97
m A N A—See Maine____ llle A Indianapolis—Consol g guar 6s 1926__ JAJEv A In 1st g gu 6s 1924.JAJ
vansville A Terre Haute—1st cons gold 6s 1921____JAJ1st gen 5s gold 1942____AAORefund M 5s July 1941..JAJ Mt Vernon 1st 6s g 1923. AAO Sul Co Br 1st g 5s 1930..AAO
iburg— 5s Jan 1 1934.JAJi s ref 1928................... MANas Jan 1933________ JAJ
5239%34%3435%0.700.706.7079%97899089798887%92
t Loult
10097
78
93
9583
85 92
thwost
8092%
888580%9390%78
8872
Contral
00155025
85%85%818781%
84%*90%97
108
100
83045550
55
99
90%0025
' 3 5 "
& Basis. / This price Includes accrued interest, k Last sale. In London* n Nominal" , Sale price.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
Ja n ., 1920.]NOTICE.—All bond price* are
RAILROAD BONDS 35"and Interest” except where marked “ I” and Incom e and defau lted bon ds.
Bonds.Fitchburg— (Concluded)
4a refunding 1927______ AAO48 Jan 1928......................JAJ3*4s Oct 1 1920............. A AO3>4s Oct 1 1921_______ AAOTrov A Boston— 7a 1924. JAJ
Flint A PeroMarq—-SeePereMar Fla Con A Pen— See Seab Air L Florida East Coast 4 *4s ’59 JAD Florida South— See Atl Coast L Florida West Shore 5s 1934.JAJ Fonda Johnstown A Gloversv—
1st cons rof’g g 4*4s 1947.JAJGen ref’g gold 4s 1950__ JAJ1st con ref 4*4s ’ 52 opt.M A N
Fort Dodge Des Moines A Sou—1st 5s 1 9 3 8 .....................JAD
FtSmlthAWest 1st g 4s’54.AAO Fort St UnDepDet 4*4s ’ 41 JAJ Ft Worth A Don C— See Col A S Ft Worth A Rio Gr Is 1928. JAJ Fre Elk A Mo Rlv— See C ANW Galv Har A San An— See So Pac Galv Houston A Henderson—
1st M 5s. 19 33 .............AAOGenesee River— See Erie RR Gen A Wyo 1st g 5s 1929..AAO Geor A Alabama— See Seab A L Georgia Car A N— See Seab A LGa A Fla 1st g 1950____MANGeor Midland— See South’n Ity Georgia Pacific— See SoutJi’nRy Geo RR A Bank’g Os 1922..JAJ
5s Jan 1 1922___________ JAJ4s Jan 1 1947....................JAJ
Ga Sou A Fla 1st g 5s 1945 JAJ Gettysburg A Har 5s gu ’20AAO Gila Val Globe A Nor— See Sou Gr Rap Bel A Sag— See PereMar Grand Rap A Ind— See PennRR Grand Trunk West 4s £ ’ 50.JAJ
1st g gu 4s $ July 1 1950.JAJ Groat Northern—
C B A Q coll tr g 4s 1921 .JAJ 1st A ref g 4 *4s 1901 op ’41JAJ5% notes 1920.......... . . .M A S
Great Northern Ry of Canada— Con 4s 1934 opt to 1914.AAO
Green Bay A West deb ctfs A .Dob ctfs B __________________
Greenbrier Ry— Seo Chesapeake Greenwich A Johnsonvlllo—
1st old 4s 1024__________JAJGulf A Ship Island RR —
1st ref A torm g 5sFob’52.JAJ Gulf Tormlnal of Mobile—
1st intge g 4s 1957 gu__ JAJHartford A Conn Wostern-
lst ext g 4 *4s July 1 1923.JAJ Hawklnsv A Florida Southern—
1st M 5s Apr 1952____AAOHenderson Br— See Lou A Nash Hocking Valley Ry—
1st cons gold 4>£s 1999.-JAJEq 5s 1920-1923............... FA ACol A H V Ext 4s 1948.. A AO Col A Tol 1st g 48 1955. FA A
Hollldaysb Bed A Cumb— See P Hoosac Tunnel A Wilmington—
1st M g 53 Sept 1922...M A S Housatonlc— See N Y N II A II Houston Belt A Term 5s ’37 JAJ Houston E A YV Tex— See Sou P Houston A Tex Cen— See Sou P Hudson A Manhattan—
1st g 5s 1957 opt_______ FA AAdJ In cup to 5 % Feb '57 AAO1st M 4*4s 1957 conv___FA AN Y A Jer 1st g 5s ’ 32optFAA
Huntingdon A Broad Top-lst g Is Sopt 30 1920____AAO2d intge 4s gold 1925____FA ACons 5s g Mar 31 1925..A A O
Huntington A Big Sandy— Seo Hutchinson A S— See A T A S F Illinois Central— 1st g 43’51.JAJ
1st gold 3*4s 1951...........JAJMain Lext ls tg 3*4s’51.AAO1st M £ 38 1951..............MAS1st M £ 4s 1951................AAOTr bds £ 3*4s 1950...........JAJColl trust gold 4s 1952..AAO Col Tr L N O A T g 4s ’53 MAN Pur lines 1st g 3*4s 1952.JAJ Ref g 4s 1955 opt 1918.MAN Jt 1st ref M (I C A C S L A
N O) 5s 1903 Ser A . . JADGold 5*4s Jan 1934......... JAJEquip tr 4*4s Feb’20-’23 FA A Eq trust 4*4s July’ 20-’20.JAJEquip 5S Fob '20-’24___FA ACairo Brldgo 4s g 1950..JAD Lltch DIv 1st g 3s 1951..JAJ Loulsv DIv 3*4s g 1953..JAJ Middle DIv reg 5s 1921..FAA Omaha DIv 1st 3s g 1951 FA A St Louis D lv3*4sg 1951.JAJSt Louts DIv 3s g 1951__ JAJSpg’fleld DIv Ext 3*48’51.JAJ Wostern lines g 4s 1951 ..FAA Chicago St Louis A N O—
C ong 5s Juno 15 ’51.JAD15 C ong 3*4sJ’nol5’51.JAD15 Eq 5sJn 1920-Dec 1924 JAD
Mom DIv 1st 4s g 1951 JAD Kankakoe A S YV 5s ’21. FA A St Louis Alton A Ter Ilauto—
BollevACar 1st 6s ’ 23 .JAD St L South 1st g 4s ’ 31 MAS CarbAShaw 1st g 4s’ 32MAS
Ind B1 A Wn— Seo C C C A St L Indiana 111 A la— See Chic Ind Ind A Loulsv— See Ch Ind A L
B id .
81*481*49592
103
757060504675157056
6575
A s k .
79
75605180
Bonds.
16
989565 7587 9092
Pacific95
57 6358 65
94*4 95*483 8798*4 98*4
1/ 70 7562*4 57
8*4 A Ohio
8*4
85
558755
9568
Indianapolis Un 4*4s ’2 6 . .MAN Gen A ref g 5s 1965 Ser A .JA J
Interboro-Met ISee Street A El Inter Rap Tran/ Ry Securities International A Gt Northern—
1st 6 6s 1919 (unext’d ).M A N Ext at 7% to 1922..M A N
Gen mort gold 6s 1930..JA D50-year gold 5s 1937__ MANUnified gold 4s 1940____JAJColl tr gold 53 1931____MANEquip 5s Jne ’20-1923__ JADAt K A Cln dlv 4s 1955-MAN Atl Knox A Nor 1st 5 s’4 6 JAD
Consol gold 4s 2002..MAS Lou C A Lex 4 *4s g ’ 31.MAN N O A Mob 1st g 6s 1930.JAJ
2d gold 6s 1930______ JAJPadAMemdiv 1st 4s ’46. FAA Pensacola Dlv 1st 6s ’ 20. MAS St Louis Dlv 1st 6s ’ 2 1 .MAS
2d 3s 1980.................... MASS E A St L dlv 6s 1921. MAS Henderson Br 6s g 1931.MAS Kent Central— 4s g 1987.JAJ Lex A East 1st 5s 1965.. A AO LAN MobAMont4*4s’45MAS Louisv A Nashv South’n joint
gold 4s 1952..................JAJLAN Term 1st g 4s ’ 52gu JAD Nas F A S 1st gu g 5s '3 7 .FAA Newport A Cincin Bridge—
1st M g4J^s 1945 guar.JAJ Pensa A Atl 1st 6s gu '21 FAA S A N Ala Con M g 5s ’ 36 FAA
Gen con gu g 5s 1963 AAO
lahonlng Coal— See L S A M S laino Central-Coil tr 5s’ 23JAD 1st A ref 4*4s 1 9 3 5 . . . . . .JAD1st A ref 5s Dec 1935...J A D Eur A N A 4s gold 1933..JAJ Hereford Ry— G 4s '3 0 .MAN Knox A LlncPenSL4s’20.FA A Upper Coos 1st gu 4s ’ 30 MAN UpperCoosEx4*4s g '30 MAN Washington Co Ry 1st g gu
3*4s Jan 1954 op 1924.JAJ lanlla RR— See Foreign G ov’t lanltoba A S E— See Canadian
MarqlloughtonAOnt 6s’ 25 AAO Md Del A Va 5s 1955 g u ...F A A ~ laryl A Pa 1st g 4s 1951 ..MAS
Income 4s 1951________ AAO[ason City A Ft Dodge—1st M gold 4s 1955_____JAD
[emphls Union Station Co— 1st g gu 5s Nov 1 ’5 9 . .MAN
1st con gold 4s 1977____MASStamped guar op to Mar ’07
Mexican North 1st 6s 1930.JAD Mich Cent— See N Y C A II R Middlesex Valley— See Leh Val Midland of N J—See ErieMidland Term 5s 1925____JADMidland Valley— 5s 1943..AAO
AdJ M Apr 1 ’53 Ser A.SeptSeries B ................. ................
Mlllen A Southw— 5s 1955. AAO MllSh A West— See Chic A N YV Milw A No— See Chic Mil A StP MUwASparta A N YV— See Chic MlnAPac— See M St P A S S M Minn A St L— 1st 7s 1927 JAD
Pacific Ext 1st 6s 1921..AAO 1st consol gold 5s 1934..M AN 1st ref’g gold 4s 19 49 ...MAS RefAext 5s Feb’62 Ser A .Q -F Des MoIAFtD 1st 4s, ’ 35 .JAJ Iowa Cent 1st g 5s 1938.JAD
1st A ref g 4s 1 9 5 1 ...MAS Minn St P A Sault Ste Marie—
1st cons gold 4s 1938____JAJ1st cons gold 5s 1938____JAJ2d M gold 4s guar 1949..JAJ Eqg notes 4*4sDec’ 19 ’ 22JAD M S Ste M A Atl 4s’ 26 JAJ Minn A Pac 1st 4s 1936..JAJ MStPASSMACentTermRy—
lstChlTersf4s’4 lop ’ 1 OMAN Minneapolis Term— See YVis Ce Minneapolis Union— See St P M Mississippi Cent g 5s 1949.JAJ Miss River A Bonne Terre—
1st s f 5s 1931 op_____AAOMissouri Kansas A Texas—
1st gold 4s 1990............... JAD2d gold 4s June 1 1990..FAA
Union Tr Co ctfs dep_____1st Extension 5s 1944..M AN 1st A ref 4s gold 2 0 04 ..MAS
Guaranty Trust ctfs dep___Gen M s f g 4*4s 1936..JAJ
N Y Tr Co ctfs of dep____Consol M g 5s 1940____AAO6% notes ’ 16 Cent Tr ctfMANEq g 5s Jne 1920-23____JADSt Louis dlv g 4s 2001..AAO Boonvllle RR Bridge—
1st g gu s f 4s 1951__ MANDalAYVaco 1st gu 5s’40.M AN Kan C A Pac lst4s gl990FAA M o Kan A E 5s 1942 gu. AAO Missouri Kansas A Okla—
1st g gu 5s May 1 ’42. MAN U S M tgATr Co ctfs dep
M K A TofT 1st 5s gu ’42 MAS Sherman Shreveport A S—
1st M gu gold 5s 1943.JAD S W Coal A Imp 1st 6s’ 29 JAJ Texas A Okla— 5s 1943.MAS
M o Okla A Gulf R iy 5 s ’61 MAN M o Pacific R R (new company)
1st A ref 5s Jan 1923___ FAA1st A ref 5s July 1926___ FAA1st A ref 6s Jan 1965____FAAGen M 4s Mar 1975__ MAS
b Baals. /This prloa Includes accrued Interest, k Last sale. Id London, n Nominal. • Sale price, t Assessment paid
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
36 GENERAL QUOTATIONSN OTICB.— All bond prices are “ and Interest” except whore marked “ f” and Incom e and defau lted bonds.
[VOL. 110
Bonds.Missouri Pacific— (C o n c lu d ed )
Eq 5s M ay’20-Nov’21 ..M & N Gold 4s Mar 1 1945 op t. M&S 3d 7s ext to July 1938 at
4 % __________________M&NBoonv StL&Sou 5s’51 op F&A Cent Br UnPaclst g4s’48J&D Pac of M o 1st ex g 4s ’ 38.F& A
2d ext 5s gold 1938____J&JS t L R E 1st 5s 1938.. MAN Car’deletBrlst4%s’38 A&O
8t Louis Iron Mtn & Sou— Unify & R ef’g g 4s ’ 29.J&J Gen con ry &1 g 5s ’ 31 A&O GenCon stpd gu g5s’31A&0 Eq 5sM ay'20-Nov’21 M&N Riv A Gulf Div 4s ’ 33 M&N Pine Bluff & W 5s ’23 .A&O Verd Val I&W lst5s’26M&S
Mobile & Birm— See Southern R Mobile & O— 1st g 6s 1927. J&D
1st exten 6s July 1927__ Q-JGen g 4s 1938_________ M&SEq 5sM ay '20-Nov ’23 M&N Eq 4% s Mar ’ 20-Sept’22M&S Montgom Div g 5s 1947. F&ASt Louis Div 5s 1927____J& DSt L & C 4s guar 1931...J& J
M oh’k&Malone— See N Y C&H Monongahela Sou 5s 1955 A&O Mont Cent— See St P M & M Morgan’s La & Tex— See So Pac Morris & Essex— See D L &(fW Mutual Term of Buf 4s ’ 24 .J&J Nashville Chattanooga & St L—
Nash Flor & Sheff— See L & N National Rys of Mexico—
Pr lien g 4 % s s f 1957___ J&JJan 1914 coupon on_____i_July 1914 coupon on______
Gen M 4s 1977__________A&OApril 1914 coupon on______
6% g notes June 1915__ J&DNat RR of Mex p 1 g 4% s’26J&J
Jan 1914 coupon o n . ...........1st cons g 4s 1951______ A&O
April 1914 coupon on______April 1914 coupon o ff_____
Nebraska— See C B & Q«»New Eng R R — See NYNH&H New Hav & No— See NYNII&H N J Junction— See N Y Central New Jer & New York— See ErieNew Lon Nor 1st 4s ’ 40____J&JNew Mex Ry&C’l— See El Paso New Orl Gt Nor 1st 5s ’5 5 .F&A New Orleans & North E 6s 1915.
Extended at 5% 1940..M&N New Orl’s Term 1st 4s ’ 5 3 ..J&J New Orleans Texas & Mexico—
1st g 6s Oct 1925 Ser A ..J& D Non-cum inc 5s Oct ’ 35 Ser A .
Newport & Cin B dge— See I.oul Newp & Rich— See Conn & Pass N Y B & M Bch— See Long Isl N Y Bay Ext R R — See Long Isl New York Central RR —
Conv deb 6s 1925........... M&NCon M 4s 1998 Ser A . . . FA A
New York Cent & Hud River— R ef’g g 3 ^ s July 1 1997..J&J Deb g 4s '34 tax-exempt M&N Deb 4s 1942 tax-exempt..J&J Ref & imp 4% s 2013 op ‘ 6% notes Sept 15 1920.N YC Lines eq 5s ’20-’22 N YC Lines eq 4% s’20-’2 NYC Lines eq 4% s ’20-’S N YC Lines eq4% s’20’-2o NYC Lines eq 4% s’20-’32 J&J Bos & Alb eq 4% s’20-’27 A&O L S Col tr g 3% s 19 98 ... F&A M C col tr g 3% s 1998. . F&A Beech Cr— 1st 4s g gu ’ 36 J&J
2d guar g 5s 1936......... .. J& jClf Bit C Co 1st g 4s ’ 40J&J
Beech Creek Ext 3%s ’51 A&O Cart & Adir 1st 4sg ’81. J&D Gouv & Osw 1st 5s g ’ 42 J&D Lake Shore & Mich South—
Con g ref 3% s 1997...J & DDeb g 4s 1928_______ M&SGold 4s 1931________ M&NClev Short L 4% s ’61 .A&O K A & Gr R 1st 5s ’ 38. .J&J Kal & W Pig’n g 5s ’ 40 J&J
Mahon C RR 1st 5s ’ 3 4 ..J&J Merchants’ Disp Trans Co—
Eq trust 4% s 1920-26..J&J Michigan Central—
5s cou ’31 D&BC div M&SDeb g 4s 1929_______ A&OEquip 6s Oct ’ 20-’31_ _ A&O Equip 6s Mar ’20-’32 M&S 1st 6s Kal & SH 1939.M&N 1st mtge M Air L 4s ’ 40 J&J 1st g 4sJol&NInd’57 J&J 10 1st g 3%s JL&Sag ’61 M&S1st g 3% s 1952......... .M&NBayC&BC IstM g3s’89 J& D Bat C&S 1st gu g3s’89 J& D Det R Tun 4% s,61gu M&N Grand Riv Val 4s ’59.M &S Tol Can Sou & D 4s ’66 J&J
B id . A i k .
7 % 6%S 5 H
60
'84%8280%
87 97907775% 7691% 95
~ 7 % " 6 %70% 71%88 9387 93
95 %6.506.50 76%7390
9596 %
100
2523%
‘ 25'
97%104%
24’49’3040
‘ 35"'2 5 '70
Bonds. B id . Aik.
98 %'95 %
70& Sout
4580
hwest61
8262% 63%95
/ 52% ville &
9652%
Nashv
90%69%
9170%
67%80%
68%81
N Y Cent & Hud Riv— (C o n cl)Moh & Mai 4s 1991____M&S 75% 85
Consol g3% S 2002____M&S 70N J June 1st 4s gu ’ 86__ F&A 68%N Y & Har 1st g 3%s 2000 M&N 60N Y & Nor 1st g 5 s ’2 7 ..A&O 92N Y & Put 1st 4s g 1993.A&O 72%Pine Creek gu 6s 1932..J&D 103%Pitts & L Erie 6s 1 9 2 8 ...J&J 103
6s Jan 1 1928......... ...A & O . . .Pitts M cK & Y 1st 6s ’32 J&J 102%
2d 6s guar 1934......... ..J& J 101R W & Ocon 5s July '2 2 . .A&O 97R W & O consg 3% s ’22 .A&O 91Utica & B Riv 4s g 1922.J&J 93%West Trans Co 3Ms ’23. F&A 80West Shore 1st 4s 2 3 6 1 ...J&J 73%
N Y C & St L 1st g 4 s ’37.AAO 80Deb 4s M ay 1 1931____M&N 68M
N Y Connecting IIR—102% 1st M 4Ms 1953_______ F&A 77%
N Y & Gr’wood Lake— See Erie 59% N Y & Harlem— See N Y C & Hud R 6% N Y & Jersey— See Hud & Man!6% N Y Lack & West— See Del Lac k & W est
82 N Y L E & W C R R — See Erie 82 N Y & L Br— See Cent of N J.74% N Y New Haven & Hartford—
Deb 6s Jan 15 ’48 conv_J&J15 6 7 %Deb 4s July 1 ’ 55non-conv J&J 45Deb 4s 1956 nom conv .. M&N 46Deb 4s 1947 nori-conv..M&S ____Deb 4s Apr 1 1922______ A&O ------Deb 3 Ms Mar 1947____M&S ____Deb 3%s 1954 pon-conv A&O 45Deb 3Ms 1956 conv____J&J ____Bos& N Y A L 1st 4sg ’55.F& A 66Cent New Eqg 4s 1961. J&J ____
Dutchess Co 4 M s ’40 .J&D 60Danb & Norwalk 4s ’6 5 .J&D ____
Con 5s July 1 1920____J&J ------Gen 5s Apr 1 1925____A&O _____
Consol g 5s July 1 ’45. .J&J 80 N Y & N E B osT er4s’39 A&O 80
N Hav & North 4s ’56 gu J&D --------N Y Prov & Bos 4 s ’ 4 2 .. A&O 80MN Y Westchester & Bos Ry—
1st M g 4Ms 1946 gu_.J&J 34 36Prov Sec deb 4s 1957 gu M&N ......... 34%Prov & Spring! 1st 5s^22.J&J ' “Prov Ter 1st g 4s gu ’56. MAS
N Y & Nor— See N Y Central New York Ontario & Western—
Ref 1st g 4s June 1992..M&SGen M g 4s 1955 red____J&DEq 4% s Mar ’ 20-Mar’28 M&S
NY Phila& Nor— 1st g 4s’39 J&J Income 4s Jan 1 1939...M & N
N Y Prov & Bost— See N Y N N Y & Putnam— See N Y Cent N Y & Rockaway Beach— See N Y Susq & W — See Erie N Y Westc & Bos— See N Y N Norf & Caro— See Atl Coast Norfolk Southern—
1st & ref g 5s ’ 61 op ’ 1 5 .. F&A Norf & Sou 1st 5s 1941..M&N
> 7 6 K 1 78%* 99 M; 9 9 %i b 6% 5 .8 5 %16 6 %1 5.85%16 6%1 5.85%6 6% 5.85%6 6% 5.85%6 6.251 5 .87%
60% 6160% 61%81 9388%
"54%mmmmm
75 7 79170% 73%86 86%83% 8485 87859393%
n b 7.50 6.50%94%79%
6 6.12 8.80%6 6.12 6.80%
8376% 827470%76%52457 7 %6765
80%
1st gen g 5s 1954 opt..J& J Ral & Cape F 1st 6s ’43. M&S Ral & Southp con 5s ’ 65 .J&D Suffolk & Car con 5s ’ 5 2 .. J&J
Norfolk Ter 1st gu 4s ’ 61 .M&N Norf & West gen 6s 1931..M&N
Imp & exten 6s 1934____F&ANew River 1st Cs 1932 ..A&O N& W R y 1st cons 4s ’96. A&O Div 1st lien & gen g 4s July
1944 opt Jan 1 1929.. .J&J Conv g 4s 1932 op 1917. J&DConv deb 4Ms 1938____M&SConv 6s Sept 1929 sub rects
part p a id .. ...................M&SFull paid.............. M&S
Conv 6% Sept 1 9 2 9 ...M&S N & W Pocahontas 4s ’41 J& D Eq tr 4%s 1920-1924...FA A Col Con & Ter 1st 5s g ’22. J&J Scioto Val & N E 1st 4s’89 M& N
North & South Caro— See Caro Northeast Penn 5s 1920...A & O N ’east of S C— See Atl C L of S C Northern Cal R y— See So Pac Northern Central—
Con gen M 4 Ms E 1925. A&O Mort bds 6s 1926 Ser A ..J& J Mort bonds 5s 1926 Ser B J&J
Northern Ohio— See L E & West Northern Pacific—
Prior lien g 4s Jan 1997..Q-J Gen lien g 3s Jan 2047 ..Q-F Ref & imp 4% s 2047 Ser A J&J St P & D Div g 4s 1996..J&D Wash Cent 4s Mar 1948.Q-M C B & Q Coll 4s— See Gt Nor St Paul & Dul 1st 5s ’ 31 .F&A
1st consol g 4s 1968...J & D Dul Union Dep 5s ’ 30 .A&O
St Paul & N Pac 6s g ’ 23. F&AReg certs 6s 1923....... Q-F
No Pac Ter Co— 1st 6s ’ 33. J&J North Ry of Cal— See Sou Pac North Pac Coast— See No Shore North Pennsylvania—
1st M 4s extended 1936. M&NGen g 3 3-10s 1953_____ J&J
Northw Term g 5s 1926 gu.J&J Norwich & Wor— 4s 1927. M&S Ogd’bu & L Cham— See Rutland
60 6 7 %
& Hud59
66.60 76 70
H & Ha & Hud ong IslandH & H
758168M
77%
67%4646%636 l ‘47%48%72%67
Bonds.
River59%65%
5.90%8280
rtRiver
4980627070
"74‘104103%'7 8 %
B846%
49%8570
78
B id . * A i k .
Ohio Connect’g 1st g 4s’43 M&S Ohio I & W— See C C C & St L Ohio River— See Balt & Ohio Old Colony— 4s gold 1924. F&A
4s Dec 1925......................J&D4s Jan 1938........................J&J3%S July 1 1932________ J&J
Oregon & California— See SoPac Oregon-Washington R R & Nav
1st & ref g gu 4s ’ 61 opt..J& J Ore R R & Nav cons 4s’46J&D
Oregon Short Line— See U n Pac OswegoA Syracuse— See D L&W Pacific Coast Co— See Misc Bds Paducah & Illinois—
1st s f 4% s 1955 gu......... J&JPan American 1st 6s ’ 34 op J&J Pennsylvania R R —
Con M 4s gold 1943.. M &N do 4s gold 1948...M & N do 4s gold 1948 sterling
stamped dollar bondsdo 4% s g I960____F&A
Gen g 4 % s 1965_____ J&DGen g 6s Dec 1 1968___ J&DCon M 3% s g £ 1946____J&JCol tr 4s Ph W & B 1921.J&J RE pur mon 1st g 4s ’ 23 MA N Gen ft eq 4s May 1920...Q -F 6 Gen ft eq 4s Jne’20,’22 _Q-M 6 Gen ft eq 4% s A p r ’20,’23 .Q-J Aleg Val gen 4s 1942...M & S BaltChes&At 1st g 6s’ 34 M&S Belvidere Del gu 4s 1927. F* A
1st g gu 3% s 1943____J&JCin Leb & Nor 4s 1942.M&N Clev&Marietta,4Ms’35 M&N Cleveland & Pittsburgh—
SerA4% sgengtd 1942. J&J SerB4%s gen gtdl942 A&O
Int red to 3 % % ________Ser C 3% s gen g td ’ 48M&N Ser D 3 Ms gen gtd ’60 F&A
D Riv RR&B gu g 4s 36 F&A Erie & Pittsburgh—
Gen gu g 3%s SerB ’ 40 .J&J„ Series C 1940______ J&JGr R & Ind Ext 4% s ’41 .J&J
Muskegon Div g 6s ’ 26 .J&J Holidaysb Bedford & Cumb
1st M g 4s 1951 guar.J&J Pennsylvania Company—
1st M g 4%s 1921____J&JCol tr4%sJ’nel6 ’21 J&D 15 Gu g 4s 1931 op 1921.A&O Gu tr ctfs g 4s 1952.. MAN Gu tre tfsg 3%s 1937.M&S Gu tr ctfs g 3%s 1941. F&A Gu tr ctfs g 3%s '4 2 . .JA D Gu tr ctfs g 3Ms ’4 4 ..J&D
Pitts C C & St L—Con g gu 4%sSerA ’ 40A&O
dododododododododo
78%78%
104%
79 6.90 97% 75%
Atl & 95
104%
79%5.50%
76 West
100
90100100
79% 79%65% 55%80% 8270 8060 669068% 8588
1 0 0 % 100%99% 1 0 0 % :
1!07%
85 86%70 73 115 3286 .........I
I
Ser B 1942 ..A&O SerC 1942..M A N Ser I 1963 ..FA A
4% s Ser J ’ 64 M&N 4s Ser D ’45..M &N 4s Ser F 1953..J&D 4s SerG. 1957.M&N 4s Ser H 1960. F&A
Ser E ’49.F&A CStL&Pitts 1st 5 sg ’32AAO Pitts Va& Char gu 4s,43M4N Sodus Bay & Sou g 6s ’ 24 J&J Sun & Lew 1st g 4s 1936.J&J Tol Walh Valley & Ohio—
ls tg g u 4% s 1931 Ser AJ&J 1st g gu 4% s ’33 Ser B.J&J 1st g gu 4s 1942 Ser C .M & S
iPenn & N Y Canal,See Leh . Pennsylvania & Northwestern—I Gen 5s Jan 1 1930........... J&J
Clearfield*Jeff 1st 6s ’ 27 .J&J Pensacola & Atl— See Lou & N Peoria & Eastern— See Clev Cin Peoria & N W — See Chic & N W Peoria Ry Term— See Ch R I & Peo & Pekin Un 1st 6s ’ 21 .Q -F
2d mort g 4% s F’eb 1 ’ 21 M&N Pere Marquette (New Co)
1st g 6s July ’66 Ser A ____J&J1st g 4s July ’66 Ser B ...J & J
/ This price Includes accrued Interest, k Last sale. I In London, n Nominal. • Sale price. < Tax-exempt.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
Jan., 1920.]NOTICE.- -All bond
RAILROAD BONDSces are “ and Interest” except where marked ‘
37and Income and defaulted bonds.
Bonds.
50
90SO
Pittsburg Junction— See B A O Pitts A Lake Erie—See N Y Cent A Hud Pitts M cK A Yough— See N Y CPitts ShawAN— 1st g 5s’ 49 F A A / --------
Gold 4s Feb 1 19.52.........F A A / ..........($% receivers’ ctfs 1918.. MAS
Pittsburgh A Shawmut—lsts f g 5s 1959 opt------ IAD
Pitts ShonALE— Seel’ BessAL E Plttsb Term R R A Coal—
1st g gu s f 5s 1942............TAJWestSldeBelt 1st g 5s’ 37MAS
Pitts Va A Chas— See Penn HR Pitts A Western— See B A O Plttsb Youngst A Ashtabula—
Consol 5s 1927_________MAN 975*1st gen 4s Ser A 1948__ JAD 82
Portland A Ogdensburg—1st M 4%S 1928guar — MAN 88
Port A It Falls— lstg4s’28MAN_ 85 Debonture4s Aug 1927..FAA 84
Portl (Me) Term gu 4s ’ 01.JAJ ------v- Guar 5s 1901................ . . .J A J - - - Port Reading— lstgu 5s’ 41.JAJ 90Ports Gt F A Con— SeeBosAMe Potomac Val— 1st gu 5s g ’41JAJ 92 Princeton A Northw— See Chic A N Vv Prov Sec Co.— See NYNHAII Prov A Sprlngf— SeeNYNHAH Providence Terra— SeeNYNHAH Prov A Wore— 1st 4s 1947. AAO < 2Raleigh A Augusta— See Seaboa rd Air RalACapeFear— See Nor South.Raleigh A Gas— See Seah Air L Ral A Southp— See Nor South’n Raleigh A S W— See Chesapeak e A Obi Raritan River— 1st g 5s’ 39.JAJReading Company— „
Gen g 4s Jan 1 1997------- JAJJer Cen g 4s ’ 51 op ' 0 0 . . AAO Atlantic City gu 4s 1951 JAJ WAN a tr ctfs 48 red 105.Q-M
A s k .
Rlchm A Danv— See Southern
Rlchmond-Waslilngton Co— Col tr g gu 4s 1943 op t.-JA L
Rio Gr June— See Denv A Rio Rio Grande So— See Don A RU Illo Grande West— See Denv A Roch A Pitts—See Buff It A P Rock Isl-FrlscoTerm— 5s’ 27JA.’ Rock Isl Ark A La— See C R I i Rocklsl A Peoria— See C R I AI
Sag Tusc A Hur— SeePere Mar St Clair Mad A St Louis Belt-
St Johns A L Cham— 5s’44 MAS _St. .1 A Gr Isl— 1st g 4s ’ 4 7 ..JAJ 00 01St Law A Adlron 1st 5s’90.JAJ 82}* 85
2d gold 0s 1 9 90 .............AAO .......... 85St. Louis Al A T II— See 111 Cent St Louis Br— See Term ItR A.ssn St L A Cairo— See Mobile A O St L Iron MtASou— SeoMoPac St. L Mer Br Co— See Term R lt M „ r St L Peoria A N W— SecChic A N W St L Rocky Mt A P 5s 1955— See Misc C os,p .45 St L South— See Illinois Central St Louls-San Fr (reorganized)
Pr 1 4s 1950 Ser A ....... JAJ 0 8Pr 1 5s 1950 Ser B ____JAJ 69Prior Hen 0s 1928 Ser C ..JA J - - - Cum adj 0s July 1955__ AAO 001Income mtge 0s July 19600ct 42)
St Louis A San Francisco—Gon mtge g 0s 1931......... JAJ 102Gen intgo gold 5s 1931..JAJ 91}*Con M 4s July 1990.......IAJ 70BIrm Bolt 1st g gu 4 s’2 2 .A A O 82Sou West Dlv g 5s 1947.AAO 84
St Louis Southwestern— . „ls tg 43 1989cortf8.........MAN 01}*2 d g Inc 4s N o v ’89 cert..JAJ - - - 1st consol g 4s 1932____JAD 501st term A unlf 5s 1952.JAJ , 57Eq 5S Ser D 1920-1923.. FA A 6 7°,Eq 5s Ser E 1920-1924.. AAO 6 7 b,Cent Ark A Ea 1st 5s’40opJAJ 64 Grays Pt Term g 5s ’ 4 7 . JAD 80Shrov IJdgATer 5 3 ’55 guFAA 05 StephonvNASTox5s’40op.JAJ 60
St Paul Bridge A Terminal R y_.lst M 0 s 1929......................JAJ 99
St Paul A Duluth— See Nor Pac St Paul East Gr Trunk— See Chic A N W St. Paul A K C Short L— See Ch II I A St Paul Minn A Manitoba—
1st cons g 4s 1933----------- JAJ1st consol g Os 1933--------JAJlstfcon red to 4% s g ’33.JAJ Montana ext 1st 4s’ 37 -.JA DPacific Ext 1st 4s £ 1940JAJ ......... 80Eastern Ry of Minnesota—
Nor dlv 1st g 4s 1948.AAO 75 80
58}*09}*
‘ 0 6 %44}*
92}*
62}*02}*5701
Si09
"75_65
101
Pac
St Paul Minn A Manlt (C o n cl) Minn Union 1st 6s 1922..JAJ
1st guar gold 5s 1937..JAJ Wll A S F 1st 5s g 1938.JAD
St P A N Pac— See No Pac St Paul Union Depot Co 5 }*%
guar notes Decl5 ’ 23.JAD15 Salt Lake City Un Dep A R lt—
1st M 5s 1938.............. MANSan Ant A Aran Pass— SeeSoPac San Fr A S Jo Val— See ATASF San Fan Term— See Sou Pacific Santa Fo Pres A Ph— See Atch Sault Ste Marie Bridge—
1st M s f g 5s July 1 1937.JAJ Sav FlaAW— See Atl Coast Line SavAStates— 1st g gu 5s’53 JAJ Schenectady A Duanesburg—
1st guar 0s 1924_______ MASSchuylkill River E S—See B A O Scioto Val A N E— See Nor A W Seab Air L— 1st g 4s 1950. AAO
Stam ped....... .............. ..........Adjust M 53. Oct 1 ’ 4 9 .. FA ARef g 4s 1959 o p t . . , .----AAO1st A con 6s 1945 Ser A MAS Eq 4% sJuly’ 20-July’ 22JAJ15 Eq g 53 ,Iuly’ 20-Dec’ 19JAD15 E qg 5s Feb’ 20 Aug'23 FAA15 Atlanta-Blrmlngham DIvis—
1st g 4s May 1 1933..MAS Car Cent 1st g gu 4s’49 ..JA J Florida Cent A Peninsula—
1st g 5s 1918 ext to 1923at 6 % . . ____________JAJ
1st 1 g ext 5s gold ’ 3 0 . .JAJ 1st con 5s gold 1943..JAJ So Bound 1st g 5s’ 41.AAO
Georgia A Ala 5s Oct’45.JAJ GaAAlaTerm lstg5s’48_.JAD Ga Car A N— 1st 5s g ’ 29 .JAJ Ital’hAAug’sta— 1st 0s’ 20 JAJ Ital’hAGast’n— 1st g5s’47JAJ SeabARoanoke— lst5s’ 26JAJ
Seacoast R R of N J 5s ’ 48. AAO Seattle Term 6s 1920-1930 Sebast A Mooseh 1st 5s’28 .M A S Shamokln Sunb’y A Lewlsb’g—
2d 6s g July 1 1925_____JAJSherman Shrov A Sou— See Mo Shreve Brdg A Ter— See St Loul Sierra Ry of Cal—
1st s f 0s, g, Apr 12’37.A A012 Sioux C A Pac— See Chic A N W Sodus Bay A Sou— See Penn RR Somerset Ry 1st A ref 4s’55 .JAJ South Bound— See Seaboard AL Sou Indiana— See Ch Terre Hau Southern Pacific Co—
Coll tr 4s(CP) Aug 1 '49.JAD Conv g 4s Jne l ’ 29op’ 14.M ASConv g 5s 1934________ JADEq 4% s 1920 Sept 1923.M AS Car tr 4% s ’ 20-Mar’23_MAS Aust A Nor 1st 5s g ’ 4 1 ..JAJ Central Pacific—
1st refdg 4s g g ’d ’ 49.FAA 1st g gu4s Oct 1 1954.AAO M 3%s g g’d Aug 1’ 29-JAD
Galveston Ilarrisb A SanAn— MexAP Dlv 1st 5s’ 31.MAN2d M 5s 1931 gu____JAJ
Gila Val Globe A Northern— 1st g 5s Nov 1 1924..M AN
Houston East A West Texas— 1st 5s g M ay 1 1933..M AN 1st guar g 5s Mar’33-M AN
Houston A Texas Central—1st 1 g 5s 1937........... ..J A JGen gold 4s 1921____AAOWaco AN WDIvOs g ’30MAN
La West 1st 6s 1921____JAJMorgan’s Louls’a A Texas
1st g 6s 1920— ........... JAJNorth Cal Ry g 5s 1929.JAD N oRy ofCal 5s g gu 1938AAO Oregon A Cal 1st 5s 1927.JAJ S A A A r Pass g gu 4s ’43. JAJ San Fran Term 1st 4s’ 50 AAO So Pacific Br 0s 1 9 37 ...AAO Southern Pacific RR Cal
1st c o n g 5 sg u 1937..M AN 1st ref g 4s 1955 op ’ 10 JAJ
So Pac Coast 1st g4s ’ 37 .JAJ Texas A N O—
Consol gold 5s 1943__ JAJDallas Dlv 1st g 4s’30.FAA
Southern Railway—1st consol gold 53 1994..JAJ Develop A gen M g 4s’56 AAO6% notes 1922.......... ..M A SEqtrgi }*s Feb’20-Feb’21 FAA Eqtrg 4% sA pr’20-Apr’20AAO E Tenn reor lien 5s 1938. MAS 1st Mem dlv g 5s 1996— JAJ St Louis Dlv 1st g 4s 1951 JAJ Aiken Br 1st g 4s 1998..JAJ Atlanta A Charlotte Air Line
1st M 4j*s 1944 ser A .JA J 1st M 5s 1944 ser B — JAJ
Atl A Danville 1st 4s ’ 48 .JAJ2d g 43 1948....................JAJ
Southern Railway— (Con.)—Aug South g 5s 1924------JADETVaAGa— Dlv g 5s’30JAJ
Consol 1st g 5s 1956..M AN Ga Mid 1st g 3s 1 9 46 ...AAOGa Pac 1st g 6s 1922____JAJKnoxv A O 1st g 6s 1925.JAJ L A N So joint g 4s— See LAN M ob A BIrm pr lien 5s’ 45 JAJ
Gen M g 4s 1945--------- JAJMobile A O coll tr 4s ’ 38 MAS RichADanDeb5sstpd 27. AAO Richmond A Mecklenburg—
1st g 4s Nov 1 1948..M AN Va Mid Series D 4 -5 s’ 2 1 .MAS
Series E 5s 1926____ MASSeries F 5s 1931____ MASGen’l 5s 1930_________ MAN
Wash OAW 1st gu 4s’24 FAA S A N Ala— See Louis A Nashv South Pac Coast— See Southern SpartanUACol— See AshvASpar Pacific Spokane Falls A Northern—
1st 0s g 1939____________ JAJSpokane International—
1st g 5s 1955....... JAJState L A Sulliv 4}*s ’ 2 9 . . . JAJ Staten Isld Ry— See Balt A Ohio Stephenv N A S Tex— See St L S W Suff A Carolina— See Norf A So Sunbury Hazleton A W B—
1st 5s May 1 1928____ MAN2d mort inc 6s '38 coup. MAN
Sunbury A Lew— See Penn R R Superior Short Line— See Ch St Tampa A Jacksonville—
1st M 5s 1949 ctf. dept. AAO Tampa North 1st 5s 1936opJAJ Term RIt Assn (St Louis)
1st gold 4}*s 1939_____ AAO1st consol gold 5s 1944 ..FA A Gen ref s f g 4s ’ 53 op ’ 10.JAJSt L Br 1st g 7s 1929____AAOStL Mer Bdge T — 5s’30 AAO
Mer Bdge 0s ’ 29 op ’09 FAA Terre Haute A Ind 5s 1925.JAJ Terre Haute A Peoria—
1st con g 5s Sept 1 '4 2 ..M A S Texas Central— 1st 5s 1923AAO Texas A New Or!— See So Pac Texas A Okla— See M . K A TTexas A Pac 1st 5s 2000__ JAD
2d Inc g 5s Dec 2000____MarLou Div 1st 5s 1931____JAJWeatherf’d Min W A North
1st gu g 5s 1930_____ .FAAToledo CanSou A Det— See Mlc Toledo A Ohio Central—
1st 5s g 1 9 3 5 ... ...............-JAJWest Div 1st 5s g 1935..AAOGen g 5s 1935__________JADCar tr 4s Ser B 1925_____JAJIvana A Mich 1st 4s 1990 AAO
2d M g 5s 1927............ JAJEq 4% s July’20-Jly '22JAJ Eq 4}*s July’20-Jly '24JAJ
St M ary’s Dlv 4s g 1951. FAA Toledo Peoria A Western—
1st g 4s July 1 1917--------- JAJToledo St L A Western—
Pr lien g 3}*s July 1 ’ 25..JA J1st g 4s Apr 1 1950_____AAOCol tr g 4s Ser A 1917___FAA
Union Tr ctf dep------
B id . A s k .
7091% 9389% 9047% 51
1 0 0 1 0 1 %99% 1 0 0
85% 976 6
55 56%92% 1 0 2
6195%91% 1 0 090%91% 9385% 95
95858480
75
OmO
35 45
81% 85%85% 9070% 73%
1 0 2 % 104%83% 91
83}* 52}* 75}*60
h Cent84 80}* 09
Tol Walh Val A O— SeePennRR oronto Ham A Buffalo—1st g 4s June 1 1940------JAD
roy A Boston— See Fitchburg .r o y A W T Bdge 5s 1939.JAD Ulster A Del con 5s 1928..JAD
1st ref g 4s 1952_________AAOUnion Pacific—
1st Ry A 1 g 4s g 1947— JAJConv 4s 1927___________JAJ1st A ref 4s June 2008.-M AS10-yr 6s July 1928______ JAJOro R R A Nav— See Ore-Was Oreg Sh Line 1st g Os’ 22. FAA
1st consol 5s g 1946— JAJ Ref g gu4s ’ 29, op ’07.JAD
Utah A Northern—Ist7s’08extat4% to ’33 JAJConsol gold 5s 1926__ JAJ
Union Terminal Co (DaUas)1st g 5s 1942 op 1922 ..AAO
United N J RR A Canal Co—General gold 4s 1923____FAAGeneral gold 4s 1929 MASGeneral gold 4s 1944 MASGen 1st g 3}*s Mar 1 ’51 MAS
Upper Coos— See Maine Central Utah A Northern— See Union P Utica A B1 R — See N Y C A H Utica Clint A Bing— See Del A Vandalia ItR—
Con g 4s 1955 Ser A ------FAASerB 1957....................MAN
Vera Cruz A Pacific R lt—1st g 4}*s 1934 opt----------JAJ
Verdig Val Ind A W— See M o Pa Vermont Val 1st 4% s ’40 .AAO Vicksburg A Meridian— See Ala Vicks Shreve A Pac—
P 1 63 ’ 15 ext 5% '4 0 . ..M A N Gen 5s May 1 1941...M A N
Virginia Midland— See So RyVa A Southw 5s 2003............JAJ
b Basis. 4 On basis of *5 to the £ . /T h is price Includes accrued int. t Last sale. In Lonckra Sale price,
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
38 RAILROAD STOCKS [ V o l . 1 1 0 .
Bonds and Stocks. B id .
Wabash— 1st gold 5s 1939 MAN»d gold 0s 1939.............. FAADsb mort 0 s ser B 1939.. JAJ 2Bqulp g 0s Mar 1 1921.MAS 1st lien term g 4s 1904...J A J 4 % gold notea M ay’20.MAN Det A Chi ext 1st g 0s ’41 JAJ Des M dir 1st g 4s 1939. JAJTol A Chic 4s g 1941____MA8Omaha Dir 1st 3 % s g ’41AAO
Warren RR —See D L A W Wash A Colum RIt— 4s ’ 30 JAJ Washington Cent—See Nor Pac Wash Co Ry— See Maine Cent Wash O A W —See Southern Ry Wash Term C o.— 3*** 1940.FAA
1st g 4a 1940 guar.......... FAAWeatherford Min Wells A N—Se West Jersey A 8 ea S h o re -
Consol g 4s 1930________JAJCons 3%s g Ser B 1930..JAJ
West Maryland— 4s 1952.. AAO 0% gold notes 1910 op .JAJ Balt A Harris g 0s ’ 3 0 . .MAN
1st M West Ext g 5s '38MAN Coal A Ir Ry 0s g 1920..FAA
West N Y A Penn 5s 1937..JAJ Qeu mort gold 4s 1943..AAO Income g 0s Apr 1943.. Not 1
Western Pacific RR Corp—1st M 0s Mar 1 1940...M A S
Western Pa— 1st g is 1928. JAD West Ry of Ala—4%s 1918
Ext at 0 % to Oct 1 1928. AAO Western Transit—See N Y C West Shore—See N Y C A H R West 81de Belt—See Pitts Term West Va A Pitts—See B A O Wheeling A Lake Brie RR —
1st cousol g 4s 1949_____MASRef M 4 % , Ser A, 1986. MAS L Erie Dir 1st g 5s 1925 AAO Wheeling Dl7 1st g 5a ’28 JAJ Exten A lmpt g 5s 1930.FAA
Wheeling Term—4s 1940..FAA Wichita Falls A Northwestern —
1st 0s Jan 1939.................JAJ1st A ref g 0s 1940 o p ...J A J
Wichita Union Term Ry—* *■ *% « '41 o p t ...M A N
Wilkes-B A East—See NY8 AW Williamsport A N Branch R R —
1st ref g 4%s 1931______JAJWlllmarAS Falla —See St P M A M W * Nor—See Phlla A Read’g W * Weldon—See Atl Coast L Winston-Salem Southbound—
*uar 4a 1960--------- JAJWise Cent Ry— 1st in g 4s’49 JAJ
Marshfield A South Bast Dir purmon 1st g 4s 1951.MAN
Sup A Dul DIt 43 1930 . MAN Mlnneap Term 3%s’50op JAJ
Wlscon V al-S ee C M A St P WorNashARoch—4s Jan’30 JAJ
4s Oct 1 1934_________ AAOYoseralte Val s f g 0 s 1936 JAJ
RAILROAD STOCKS. Par
Ala Great Southern com ____Preferred......... ............
9082
‘ 98 %
88%
71% 74%
e Tex A837748%
/ 35
81X9097
RR Co
6049%91%81%81%736031
Ann Arbor common.Atch Top A Santa Fo.
Preferred___________
Atlanta A West Point____ lAtlantic Coast L Co of Ct Atlantic Coast L RR com .-lAugusta A Sar (guar).. Balt A Ohio—Common.Beech Cr (guar N Y C ) .
Boston A Maine.Preferred.___1st pref A1st pref C . 1st pref D .
n XX UjruiJ..iUUBuffalo Roch A Pittsburgh.. 1 0 0
Preferred........................_ _ 1 0 0Buff A Susq RR Corp com . 100
Preferred ...........................1 0 0Camden A Burl Co (guar) 20Canada Southern_______ 1 0 0Canadlau P a c ific ............... 1 0 0
Preferred_________________ 1 0 0CaroCllnchfleld A Ohio com. 1 0 0
Preferred________ 1 0 0Catawlssa RR— lstp f (guar) 50
td pref (guar P A R ) _____ 0 0Cayuga A Susq (gu D L A W) 30Central of New Jersey______ 1 0 0Chesapeake A Ohio................ 100Chicago A Alton R R .............. 100
Preferred.___________ 1 0 0Chic Burl A Quincy_____IZZlOOOhio Gt West com ......... .........1 0 0
Columbus A Xenia (G u ar).. 5 0 7 5Concord A Porta (guar)___ loo 105Conn A Passumpsic—Pf (gu) 100 65Cripple Creek Central........... 100 5
Preferred________________ 1 0 0 15Cuba RR preferred_____ j -IOODayton A Mich com (guar). 0 0 d 25
Pref (guar C H A D ) ......... s o d 65Delaware A Bound Br (g u ).. 1 0 0 140Delaware A Hudson..............loo 92%Delaware Lack A West_____ 5 0 d 190Delaware___________________2 5 d 35Den Ter A Rio Grande........... loo 6
Preferred........... .................. loo 12Des Moines A Fort D od g e ..lo o 1
Preferred........... .................. loo 15Detroit Hills A S W (guar)._loo 6 0Detroit A Mackinac.............. 100
Preferred........... ................... 1 0 0Detroit Toledo A Ironton__ 100
Preferred_________________ 1 0 0Duluth South Shore A A tl. . 100
Preferred_________________100East Penna (guar P A R ) . . . 00 Elmira A W’msport (guar).. 50
Pref (guar Nor Cent)____5 0Brie— Com m on____________ 1 0 0
1st pref............................. . . lo o2nd pref......... ....................... 100
Brie A Kalamazoo (guar)__ sodBrie A Pitts (guar Pa RR)__ 00 d Fonda Johns A Glor co m .. 100 Ft Dodge Des M A Sou pref. 100 Ft Wayne A Jack— pref (gu) 100 Geor RR A Bank Co (guar). 100 Georgia Southern A Florida. 100
Grand Rapids A Indiana. _ . 100 Grand Rlrer Valley (guar)..100 Great Northern R y— P re f ..100
Ore certificates______________Green Bay A Western______ 100
Deb ctfs A A B—See under bo nds Gulf Mobile A North com . 100 6)
Preferred...............................1 0 0 30)Harrisburg Ports Mt J A Lan 50 d 92 Hartford A Conn W estern.. 100 23Hocking Valley—Common. 100 _____Hudson Companies— P ref..100 %Hudson A Manhattan...........100 %
Preferred_______________ 1 0 0 2Huntlngd A Broad Top T tc 50 d _____
Preferred T t c _________ 5 0 d ________Illinois Central........................ 100 80
Leased lines (guar)........... 100 50Stk tr ctfs—See RR Securs Co
Iowa C entral___________ 100Jackson Lans A Sag (guar)..100 Joliet A Chic (guar C A A ) . .100 Kal Allegan A Gr Rap (gu)..100 K C Ft Scott A Memphis Ry—
Pref Cent Tr ctf dep stpd. 100 K C St L A Chic— Pref (gu).100Kansas City Southern........... 100
Preferred_________________100Keokuk A Des Moines_____100
Preferred_________________100Lackawanna RR of N J____100Lake Erie A Western........... .100
Preferred__________ .100Lehigh A New York pref__ 100Lehigh Valley........... ................ 0 0
8pec guar betterment s t k ..00 Lit Schuyl NaT RRACoal(gu)0OLong Island R R _____________ 00Louis A Mo RIt pref (guar). 100 LouIst Hend A St L c o m .. . 100
Preferred_________________100LoulsTlIle A NashTllle______ 100Mahoning Coal R R ..................5 0
Pref (guar L 8 A M 8 )_____ 50Maine Central___________ 100
Preferred......... ................ . .1 0 0Manchester A Lawrence____100Maryland A PennsylTanla._100 Massawlppl Valley (guar).. 100Michigan Central__________ 100Mine Hill A 8chuyl HaT (gu) 50 Mlnneap A St Louis new ...100 Minneapolis St P A S 8 M ..100
New York A Harlem (guar). 00 5 Y £ West (*u“ r)- -1 0 0 New York New HaT A Hart. 100N Y Ontario A Western____100Norfolk Southern........... ........1 0 0Norfolk A Western R y_____ 100
Adjust preferred________ 100No Carolina (guar So R R)._100 Northern Central (gu Pa RR) 0 0 North’n N H (guar B A M)_100Northern Pacific R y _______ 100Nor RR of N J (gu Brie)____100Northern Securities Co stubs.. North PeunsylT (gu P A R ). .00 Norwich A wore pref (guar) 100 Ogden Mine RRfgu CenNJ) 100 Old Colony (gu NYNHAH)_100Outarlo A Quebec......... .. .100Oswego A Syra (gu D L A W ). 00 Pac Coast Co— See Mlsc stocksPenusylraula Railroad_____ 00Peoria A Bureau Val (guar). 100Peoria A Eastern___________ 100Pere Marquette terapT tc_ ..100
Pref temp Tot tr ctfs_____ 100Prior pref tamp T t c ......... 100
Pblla Germ A Norris (guar). 00 Phlla A Trent (gu Pa R R )..1 0 0 Pittsburgh Bosi A Lake Erie 00
Preferred________________ 0 0Pittsb Cln Chic A St Louis .100 Pittsb Ft W ACblc pref(gu). 1 0 0
Pa R R ). _ 100
8750109
526
11011203901647
8
741219:
' 4 2 ''83 ‘ 38 42
165'8
24111'400496095
80109511476
*60"
B id .
1912&
S»5871
1301083554 %
46 90 69%
Id 8 7 28% 60 43
d 10026%J V*96%66
135787 9 51 75 7580 70 78
Idl077040%
10012314560
114185224853%
122n o12050??*
125n o
5070%33%34%
100220205
Common (guar . _____ ___Pittsburgh A Lake Erie....... 50Pittsb McK A Yough (guar) 50Pittsb A West Va com _____100
Preferred_________________ 1 0 0Pitts Youngst A Asht pref. .100ProT A Worcester (guar)___100ProTldence Warreu A B____100
Rich A P A R F A C Conn. 70Rio Grande Southern______ 1Q0Roch A Genesee Val RR . .. .100 Rome A Clinton (gu Q A H)100Rutland preferred__________ 100St Joseph A Grand Island. . 1 0 0
St Louis Bridge 1st pref____1 0 02 d preferred......... ...............1 0 0
St Louls-Sau Fr stk tr ctfs. 1 0 0 Pref stock tr ctfs Ser A . . . 1 0 0
St Louis Southwestern_____ 1 0 0Preferred__________ 1 0 0
Saratoga A Schenectady (gu)100Seaboard Air Line com _____ 1 0 0
Preferred______ ___________1 0 0Sharon......... ......................... 5 0Southern Pacific C o ................ 1 0 0Southern Ry common______ 1 0 0
Preferred_________________1 0 0Mob A Ohio stock tr ctfs--------
3outhwest’n of Ga (guar)___100Texas A P a c if ic .. . ................1 0 0Toledo 8 t L A Western......... 100
Empire Tr Co ctf dep_____Preferred_________________ 100
Empire Tr Co ctf dep_____Troy A Gr’bush (ru N Y C ) 50Tunnel RR of St L ................ 1 0 0Union Pacific— Common__ 1 0 0
Preferred---------------------- ..100United N J RR A Canal (gu)lOO Utica Chen A 8 us() Val (gu).100 Utica Clinton A Binghamton TOOValley RR (N Y) (guar)___ 100Vermont A Mass (guar)____100Virginian Ry...........................1 0 0Wabash R y________________ 1 0 0
Pref A ......... ......................... 1 0 0Pref B ------------- 1 0 0
Ware RIt RR (gu B A A ) . ..100 Warren N J (guar D L A W ) 50 West Maryl Ry new com . 100
1st p re f............................ . . 1 0 02 nd p re f ...............................1 0 0 17%
Western Pacific RR C o r p ... 1 0 0 24Preferred--------- --------- 1 0 0 59
West Jersey A Sea 8 b— Com 50 d .........Wheel A Lake Erie R y _____1 0 0 1 2 %
Preferred............. ................. 1 0 0 18Wisconsin Centra!......... .........100 26Wrlghtsrllle A Teanllle, com 20 d . . .
854017%?§*
2 390
34'Zitt55%458841%1015206085
1921055085848
8 *1105510%
--------------------------------------------- !_______ 1 Id Price per share, not per cent. /F la t price, k Last sale. 1 In London. r, Nominal. , Sale price. I New stock. s Ex-UIt .
A sk
1133816%5%
47 10069%89 29 6248
11590 2 7 16% 12
145698879%648080809080
1128040%
1101431%6309
120200275057
1251300028%78
132123
6070%3034%
110250210240240
1259515
954618%2814%24
1107%
1540
10322%55%659341%121225 25 70 95
124 08%
197 112 60 95 90 23
18041132182500
' l a '1929
u Ex-righta
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
39
PUBLIC UTILITIESIn the following rearrangement of our quotation lists we bring, together under the general designation of “ PubUo
Utilities,” all the different forms of such securities, thinking it easier for th® reader.to find a n y partiou1 Issue in a general list than when the securities are subdivided under separate heads and there is doubt a3 to what head to look undor. In other words, under “ Publio Utilities,” we include Street and Eleotrio Railways, Gas, Eleotno, low er, Water
and apubij'o utility bonds, wo employ the same method as in quoting the bonds of stea m railroads. The greatmajority1 of issues being quoted “ and interest,” we use no designating mark whatever where that 13 . ° ! iother hand, we prefix the letter where there is a deviation from this rule; in such cases the interest forms part of the orloo. Unless therefore, appears against a quotation, the buyer will understand that the accrued interest Is to be added on. This, however, does not apply to income bonds and bonds in default, in which cases the price takes account of the interest (should any payment be announced) and no designating mark is employed.
NOTICI? —All bond price* are "and Interest’ except where marxed 't and Income and defaulted bond*.
B id . Ast.
) (- - - - -
_____c00 7096% 97% (80 82
—72 76
60 7085 90
k Bk RR3 2 % 40 l26 29%44 45%43% 43%38% 39%63 77
— —
35 5025 4559% 00%
60 149 60 |
57%60 55 |25 25%
i 58 620060 79%
/ 30 _ _ _96 90%88 91
102’ 104......... 55
/ --------—
93% 96%72% 78%70 7589 92%
82 84%
9289% 91%90 90
y54 01
Service Corp
A L85 8890 0285 88
—92 9470 8083 87
nlted 11 y (St L)
78 82
......... .........
96 98Rys
85 9075 8570 7581 8883 80
w A Lt
87% 92%
87% 92%
89.........50 55
/ -------90 . . ...87 92
3866 67
Bond*.Adirondack Elec Power Corp—
lit M gold 0s 1002 opt— JAJ Alabama Power—
lit M fla 1046 opt 1021.-MAS8% cold notes 1022---- JAJ
Alabama Water 1st 6* 1032.JAJDeb 7s 1024................... JAJ
Albany Ry—See United Tract’n Albany Sou RR lit Os ’30. MAS Alton Oran A St Tr—See Ea*t St Altoona A Locan Val Elec Ry—
Oou C 4%s 1033 CU..FAA 18 American Cities Co—
Coll trust c 8-0* 1010 opt.JAJCtfs of deposit______
American Gas—Conr coll tr ar 8* 1020__ JADNon-conv coll tr g 8a ’20. JADDeb 0b 2010................... JAJ
Am Gas A Elec coll 8s 2007.PAA0 % cold notes 1021........JAJ
Am Pow A Lt 0% notea’21.FAADeb c 0* 2010...............MAS
American Public Service—1st lien 6s 1042............ JAD
Amer Pub Util Coll 6a ’30.AAO American Railway*—
Coll tru*t conr c 8s 1031.FAA American Teleph A Telec Co—
Coll tr c 4* 1020.............JAJConr c 4* ’ 30 conr af’OO.MAS Conv4%s’33op aft 1028.MASColl tr 8* 1040 .............JADConr 6s Aug 1028------- FAA0% notes Feb 1 1024 — FAA 6% notes Oct 1 1922..AAO
Amer W W A El 8* 1034..AAO Anacos A Pot River RR—See W Appalachian Pow 8b 1041.JAD Aramore St Ry—See Phlla Co Arlaotia Pow 0b ’33 op ’13-MAN Arkansas Llcht A Power—
lit M a f 0s 1048........... AAOArkansas Valley Ry Lt A Pow
7% notes 1020---------- JADAsheville (N C) Pow A Llcht—
1st ■ f C 8* 10 43 opt___ AAOAshland (WlslIL Pow A St Ry—
1st M cold Bs 1030..........JAJAtchison Ry, Light A Power—
1st 0s Nov 1030...........MANAthens (On) Ry A Electric
1st A rof b f g 0o ’SO op’18 JAJ Atlanta Cons St RR-See Ga R Atlanta Gas Lt 8s c 1047..JAD Atlanta Nor Ry—See Ga Ry A Atlantic A r e RR—See Bklyn R Atlantic Cit7 (N J) Gas
lit c 0« Jan 1 ’00 opt’ 20. JAJ Atl City A 8h RR—5s ’45. JAD Allan Coast El 1st 0a ’48..MAN Auburn A Syracuse Elec RR—
1st A rof C 0s ’42 opt ’12.AAO Augusta-Alken Ry A El Corp—
Sink fd c Bs Dec l ’35 opt .JAD Aucusta Ry A El Bs ’40. JAD
Aurora Elgin A Chicago R R—1st A ref g 8a 1040 opt__J<1A E A C K» 1st g 8s ’41 AAO 18
Austin (Tex) Gas Lt 0s ’31 (JAJ gait A Ann S L—See Md El R Salt Elec 1st g 8s ’47 gu...JAl BaltSpPAChos—Seo Un RyA El Balt Traction—See Un Ry A El Baugor(Me)Po 4-4%-3s’31MAS Qangor Ry A Electric—
1st cons g 0s 1030 opt__JAJBay Counties Pow 8s ’30..MAS BeaverValTracGen g 8s’03MAN BallTelp Canada Dob 3s’20AAO Berkshire St 1st g 0s 1022.. JAD Binghamton Gas Ss 1038.. A AO Binghamton (NY) L, II A P—
1st ref 0s 1040............ FAABlnghamt Ry 8a ’31 op ’ l l MAN Birin Knox A Al—Seo Phlla Co Blrm Ry. Light A Power—
Gen rof g 4 %s’04 op ’09. AAORef A ext g fls 1957___ MANBlrm Ry A El 1st g 5s ’24. JAJ
Blackstono Val GAE 5s ’39. JAJ Bleockor St A Ful Ferry—See N Bluo Lakes Water 1st 0s’38 MAS Boston El L 1st con 5s ’24. MAS Boston Elev Ily 4s 1935..MAN
Deb g 4%s Oct 1 1037..AAO Deb g 4%s Nov 1941 — MANDeb g 0s Dec 1042....... JADWest End St 8s 1932.MAN
0s May 1930________MAN0s March 1944_______MAS0s March 1022_______MAS4Vis Jan 1 1923_____ JAJ7fl Aug 1924.............. FAS7h Sept 1047...............MAS
4% s July 1 1930...........JAJ4s Aug 1 1932------------- FAA
BostAWorc St Ry 4%s ’ 23 FAA Brazilian Tr Lt A Power—
0% gold notesNovl’22.M AN Bridgeport Gas Lt 4s 1052 .JAJ Bridgeton A MlllvTr 5s ’ 30.JAJBristol G A E 5s 1939------- JAJBwayA7th A veR R —SeeNY Rys Bway Surface RR — See N Y Rys Bronx GAE 5s ’00 op aft’20.JAJ Bklyn Boro Gas 5s 1945 op JAD Bklyn City A New RR— See C I Brooklyn Rap Tran—5s’45 AAO
1st g 0* Dec 1 1924------- JADCommonwealth Power (Neb)—
1st gold 6s 1944..............MASCompt Hts A Mer Ter— See Un Conestoga Trac 1st 4s ’ 0 0 . .JAJ Coney Isl A Bklyn RR 4s ’ 48JA J
Consol gold 4s 1900 — JAJ B C A N 1st cons 0s 1939.JAJ
Conn L A Pow 1st 5s. 1939. JAJ Connecticut Power 0s '0 3 .AAO
1st A coll tr 0s 1900____JAJ0% notes Dec 1921--------------
C jan Ry A Lt 4 %s 1931 — JAJ Stamped guaranteed opt’ l . .
B id . A s k .
70 75
63% 64%3833%36 '20
/ 30 4093% 100
RysLight A Coke
84% 93%99 10099 1008985 9098
152 157102 10388 9085 90
ne Lt A TracTer
84%Ryialt)El
87 90/ ___
- - - - -
76n 50 70n ~80” ’ 55"
8780 8385 8983 87%79 8370 80
Newark AZanes75 8079 80
8570 80
Col A East
Rys
—
83 8766 7500 6500 7068 75
87% 87%85 8780 8588 90
lted Ry 84tT
- - - - -
2015 559287 9286
'o o ' 6560 65
/This price Includes accrued interest, i Last sale, n Nominal. • Sale price.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
4 0 N O T , C P > GENERAL QUOTATIONS-PUBLIC UTILITIES [Vol. no.NO rice .- All bond prices aro “ and In tere st” except where m arked “ f” and Income and d efaulted bonds.
B ondi.Oonn Rlr Pow lat 3a 1937. JAD Oonsolidated CItioa L P A T r —
lit Uen 3a 1962a tp d ... JAJ Coniol Qai of Balt 3a 1939 JAJ
Gen * 4 % a Apr 1934.. AAO Oomol Gaa Elec L A P (Balt)—
Qen a 4 % i Feb 14 1935..JAJ Conr 5%noteaNovl3’21MAN7% notea Aug 1922......... FAA
Oonaol Pow 6% notea’22. FAA Ooniol Q u N J Sa % 1930.__JAJ
lit ref 3a 1963.................. AAOOoniolldaied Gas (N Y )—
C onvdeb 6a 1920 ........... jQ-FUnderlying coa— NYGE1
Con Gaa (Pitta) 3a *48 rcta.PAA Uoniol Lt* Go(Vt) lat 3a'26 JAJ Aon Ry(NewHav)deb 4a '34JAJ
Deb 4s 1933_____________ JAJDeb 4a 1936 gu a r_____ _JAJConi x 4s 1930 .............FAA
Com Ry A Pow (Salt Lake) See Com Tr(N J)— 3eePubServCor Con Wat of Utica lat 3a '30. JAJ
Deb 8s Jan 1 '30 op 1911. JAJ Oomam L H A P C o (Ellz, N J)
5# 1938---------- .. .J A DConsumers’ Power Co (M ich)—
1st A ref * 3s 1936 op '16. JAJ Continental Gaa A Electric—
lit lien coll tr 5o 19 2 7 ..MAN droiatown St R y—See Col Ry A Ofoia St R y — See Int Tr (Buff) Camberi&nd Co(M e)PowALt—
lit A ref g 3a 1942_____MASC amb’Iand Tel A Tel
Deb 3s Feb 1 1920.. . PA Alit A gen 33 1937........... JAJ
Cuyahoga Telephone—lat 7s Dec 1 1921.............JAD
Dallas El Cor col tr g 5s’22. AAO Dallas Gaa lat g 3a 1923 opMAN Dallaa Power A Light—
1st M g 6a 1949............... JAJD»nv St RyA L Co 3a’ 21-’ 23" JAJ Danville Urbana A Champ R y—
1st 3s 1923 optional____MASDarby Med A Chea R y— See Phi Dayton(O)Gaa 8a ’30 op’ l 3 MAS Dayton Ltg 1st 8a ’37 op ’ 12IMA3
Day El L lat 3a’21op’06 MAS Dayton Pow A L 1st 3 s ’ 41. JAD Difiance (O) GAE 3a 1942MAS Dilaware Co A Phila—See Un P Denver City Tramway—
lit A ref g Sa 1933 op a f MAN Con Tram con g 3a 1933. AAO
0 $ a r Gaa A El lat g 8a ’ 49 MANlit A ref 3a 1931______ MAN
Bdlion Elec Co (Lancaater)—Refund 8a 1943 ________ PAA
Bdlion Elec Co of Los Angeles— lit A ref g 3a 1922 op’07 MAS
Bdlion Lt A Pow (S F) 6s’21Q-F JJlbth Ave RR — See N Y Rya Blec A Peop—See Phila Rap Tr lllectrical Securities Corp—
Coll tr g a f 3a 1933 op t..F A A
Lt
759985
1009096
80 la R Tr
8082858082
; Tran4580857580
Basis98
B id . A s i .
90 . 95
70 7594 96
82M77
97100 1 0 0 %96 978580 859 9 %
H A P99%
/ 52 GO90 95__ _ 4845 5046 47M
Utah L A Ry93 9885 9290 —
86 89 H85 9 1 %
B ondi.dllb Plalnf A Cent J\See Public 511b A Trenton RR,'Serv Corp Slmlru Water Light A RR—
lat A con g 5a 1936____MASEl Paso El Co cull tr g 38’32JAJ Empire Dlat Elec Co—
lat 6 e 1949...................MAN3moire Gaa A Elec and Empire
(Joke Jt latAref 3s’41 op MAS Empire Gaa A Fuel—
lat M a f 0a 1926______MAN6% notea Juno 15 1924...J A J
Eqult G A E Utica 5a 1942 AAO Eqult III Oa3, Phila, 5s g’28 JAJ Erie El Motor a f g 3a 1941 AACErie Ltg lat M 5a 1907___ Aa OEvanav GAE L 8s’ 32op’ 12 JAD Evanav A Sou Tud Traction —
Evanav El lat g ta ’ 21. MAN Evanav A Prlnc lat 3a ’ 23AAO
Excelsior Springs Wat, Oaa A E!lat M 0a 1932 op_______ JAD
Fairmont A Clarksburg Tract’n „ 1st g 3a 1938 op 1 9 1 3 ...AAO Federal Light A Traction—
lat a f g 3a 1942 o p t___ MASFed St A Pleas Val—Sue PhllCo Ft Pitt Trac—See Pl lln Co Ft Smith Light A Traction—
1st M g 5s Mar 1 ’36 opt M A S Ft W Van Wort A Lima Trao—
1st M g 5s 1930 guar .......JA JFt Wavoe A VVabasb V*| Trao
1st cons g 3s 1931 . \( ,Ft Worth Pow A L Is '31 FAA
oesriit2'1 M * 9 t N Av—See Third o , . : I Frank! Tacony A Holtnosb Ry 8b II 1st g 5s July 1940 . . . J A J
E,ec Go lst3a’40 op MAN 99%!|Oalve8toa-Hou3tou Elec Ry—
1st M a f g 5a 1954 o p t . . AAO OasAEl of Bergen Co 3a’49 JAD
Gea 3a Nov 1 1954_____MANGeneral G A El lat 3a '32 JAJ
- Geor Row A Ipa—Seo BosANor Georgia Light, Power A Rva —
1st Hen a f g 3a 1941 opt MAS CentGaPow3a ’38 op ’ 13MAN
Georgia Ry A Elec 3a 1932. JAJ Refg A Jmpt g 3s ’ 19 a f_.JAJ Atlanta Cona St 3a 1939. JAJ Georgia Elec Lt 3a 1930.JAJ
B id .
8270
959190
1007580
90938,3
A s i .
85
85
55839080
Atlanta Northern Ry Co—, 1st guar 3a ’34 op r *- [Qeorgla Ry A Power—
Indlanapolla Trac A Term Co lat a f g 5a Jan 1 1933...A A O Indlanap St gen la 1933.. JAJ Citizens St con 3a g ’ 33. MAN
Indlanap Wat— 3a ’ 20 op ’ 11 .JAJ lat A refg 4 Ha 1940 o p . . JAJ
Interborough-Metropol Co— Coll trust g 4Ha 1930..AAO
Guar Tr ctf dop______Interborough Rapid Transit—
lat A ref g 3s '00 op tai-ex JAJ Intermountain Ry Lt A Pow—
1st g 0s 1942_____ FAAM o-Tex 0a Jan 1937____JAJ
Internat’l Traction (Buffalo)— I Coll tr 4a 1949 ctf a dep..JA A l Buff Ry lat con M 3ag .51.FANI Cross St Ry lat 3a g ‘ 32. MAN Buff Bell A Lan 3a 1927 . JAD, Buff A Lock lat g 3a 1938. JAJ Buff A Nlag Falla Elec Ry—
lat M 5a g 1933.. . .JA i luternat Ry ref 3a’ 62op MANLockp A Ole lat g 3a ’20_J A <
Interstate Elec Corn 0 s 1933 MAS Interstate Rys—Co! tr g ta
1943 op 1913................... FA 4(owa Ry A Lt (Cedar Rapids)—
lat A ref g 3a 1932op '13 MAS Irouwood A Bessemer Ry A Li
1st a fg38 *36 op a f t ’ 13 FAA Jackson A Battle Crook Trac Jackaou Consolidated Traction Jacksou(Mich )Qas 3s g ’ 37 AA< Jackson (Miss) Light A Tr—
lat a f g 3s 1922o p t ’ 14.. AAO Jackson v(Fla)Oaa a f 8a ’ 42 JAD Jacksonville Traction—
lat con 3a Mch ’31 opt..M A S Jack8onv El 3a ’ 27 o p t . . MAN
Jer City Hob A Pat—See Public Johnstown (Pa) Pass Ry —
Rfg g ta 1931 . . . . ..JA D JoplInAPIttaUv lsUa’30 opMAS Kankakoe(Ill)GAE 5a ’ 3 0 .MAS Kaus Clty(Mo)Qaa 3a ’ 22. AAO Kan C Home Telep 3s 1923 JAJ Kan City KawVal A West Ry—
lat M 0a Aug 1924____FAAKansas City Light A Power—
lat M 3a July 7 1944____ JAJ2d M 0a July 7 1944........JAJ
K C Long Dla Tel 3s 1928..JAJ Kansas City Railways—
lat M 3a July 7 1944____JAJ2d M 0a July 7 1944____JAJ2d M 5a July 7 1944____JAJ
Kansas Electric Utilities—lat g 5s 1925------- -------- AAO
Kansas GAE 1st 3a ’ 22 op.M AS Kentucky Trac A Terminal—
lat A ref gu 3a ’31 op ’ 14. FAA Lexington Ry lat 5a ’ 49 .JAD
Key. Tel lat g 3a ’ 33 op’08.JA I Kings Co E L A P 1st 3a ’ 37AAO
Purch monoy 0a g 1997.AAO Conv deb 0a 1923.. MASEdlaon El 111 Bklyu ta’39 JAI
Kings Co Elev Ry— See Bklyu II Kings Co GasAlIl 1st 3a ’40AAO Klnloch Lg Dlat Tel 3a ’29 JAJ Klnlocb Telephone 6a 1928. FAA Kuoxv Gas lat Sa’33 op ’ 13 AAO Knoxville Railway A L ig h t -
Ref A ext 5a 1946 o p ...J A D Knoxville Trac 3a 1938..AAO
Kokomo Marlon A W Trac—lat g 3a Jul v l 1933.........JAJ
Lackawanna A Wyo Val II T —Coll tr 5s 1951................FAA
Laclede Gaa—Ref A ext g 5a 1934.........AAO1st col A ref g 7a Jan 29. FAA
Lacornbe El lat M 5a ’ 21 ..MAN Lake Roland Elev— See Un Rya Lake Sh Elec 1st cou g 3a ’ 23JAJ
Gen g 3a Feb 1 1933____FAALor A Clev g 5a ’ 27 op ’ 17.JAJ Sand Frern A So 3a 1930.JAJ Tol FremANor3a’ 20op’()3JAJ
Lake St Elev RR — See Chic A O Laurentldo Power, Ltd—>
1st a f g 5s 1940 op 1920.JAJ Lehigh Power Securities Corp—
0% gold notes 19 27 ... Fa A ebigh Valley Transit—1st M g 5s Dec ’33 o p t . .MAS lat M g 4a Dec ’ 35 o p t ..M A SCona g 4s 1933.................JADRof A lmpt g 3s 1900____JADColl tr 0a 1923______ JAJ
B id . A i k .
58 0500 6581 8694 9075 821 0 % 1 0 %1 0 % 1 0 %
56 57
' 8 3 % "8 7 " '......... 90
......... "9 8 "89
60 7080
80 8 7 %
28 3084 8780 83
eM lc higanUnited
78
Service7086909 1 %909078808 7 %
322010
/ . . . .
1st A rof g 3s, 1937 op AAO Islington Avo A Pav Fer— •exlngton (Ky) Ry—See Ky .Indell Ry— See United Rys little Rock Gas A Fuel—
Rof 0a Nov 1937_____ MANlittle Rock ily A Elec—
lat g 3a 1933 op 1908...AAORet A ext g 6a 1938____AAO
lockport A Olcott R y—See Int lOrafn A Clev RR —See Lake St oa Angolea Gaa A El Corp— lat A ref g 3a 1939 op t..M A SLoa Ang G A E 3a ’34____JAJLoa Ang Ltg 3a Aprl P24 AAO
oa Aug Pac Co— See Pac El Ry oa Angolea A Pasadena— See oa Angeles Ry Corp— lat A rof a f g 5a, 1940..JA D Loa Aug Ry 5s g 1938..AAO fjoa Ang Trac lat g 3a’38 JAD
oulavlllo Gaa A Electric—1st A ref 7s 1923..........JAD7% gold notes 1920___ MAS
ak Pk82088708050890
N Y R A Term (St Lo
908475
Trac (B Elec R
Rya
837075
Corp
9894 H
98828489384030
947290
70 7580 85
8383
9 9 %9 9 %.........SO
ap Tr~87
9 5 %
7 0 %60H85 938 8 % 868 7 % 9 2 %
8 1 % 8 59 0 % 9 7 %95
A Elec 79
1 0 0
0 08 070
30 5089 93
ElecRy8409
ula)97
95Pac El
73
99999085
uffalo)7
9495
ec Ry.6570
101100
92H80
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
Ja n ., 1920.]NOTICE.
GENERAL QUOTATIONS—PUBLIC UTILITIES-All bond prices are “and In terest” except where marked “f ” and Income and defaulted bonds.
41
Bonds.
iiOMlsv Ry cou M 83 g ’30— JAJJd mtge 4 Y a 1940.........MASQen M 5s 1950.............FAA
houlsvllle Water—See under Lo tow Law A IIa7 —See Eastern kwzerne Go (Pa) Gas A Elec—
1st refAlmp g 59'48op’ 13 A AO bykens Val L A P 09 1945 MAS Lynn A Best RR—See Eastern Macon Railway A Light Go—
1st cone g 58 '33 opt ’08-. JAJ Madison Co (Ilia) Lt A Power—
1st g 5s 1939................JADMadIson(Wla)GAE g 0s’20 AAO 4fadRlvPowl8t5s’ 35gu op. FAA Mahoning A Shenango Ry A L—
Penn A Mah Val 5a ’22. MAN Youngst Shar RvAL5a’31 JAJ
Manchester! NU) Tr L A Pow—1st cono 38 1921---------- AAO
Manhattan El cou la g’90_ AAOStamped tax-exempt----------2d g 48 2013........ JAD
Manila Elec RR A Ltg Gorp— 1st lien A col tr g 5s ’53. MAH
Manila Sub Rys 1st 5s 1949. MAS Man’frs Wat (Pa) 53 1939.JAD Market St Elev Pasa Ry—See Market St Ry (San Fran)—See Maryland Electric Rys-r-
1st s ( g guar 5a 1931 red.AAO Balt A Ann 0 Lflo 1946.FAA
Massachusetts Electric Cos— Col tr 5% notes 1918...AAO
Massachusetts Gas 4}4s’29.JAJDeb g 4 Y * Dec 1931___ JAJ
McGarock A Mt Vernon—See Memphis St Ry con g 5s ’45. JAJ Keren Ht A Lt (Indianapolis)—
Ref g 5a Oct 1 1922 optAAo Metropolitan RR—See Wash Ry Mat St Ry—See N Y Rys Metropolitan West Side "L ” —
Mexican El L 1st M g 5s ’33 JAJ Mex Lt A Pow 1st 5s’33 sf PA A Mich City OAE 5s ’37 op’ lOJAJ Michigan Light 1st 5a 1946.MAS Michigan Nor Pow 1st 5a’41JAJ Michigan RR—
1st 0s May 1924_______MANMich State Telep—5s 1924.FAA Michigan United Rys—
1st 3c ref gold 5s 1930...MAN Jack A Bat Crk 1st 5s ’23- JAJ Jack Cons Tr 5s 1934..MAN Mich Traction let 5s ’21.JAJ Mich Tree Ext 1st 3s ’23. JAJ
Middlesex A Boston St Ry—
Illlvale Etna A Sharps— See
Mllw Light, Heat A Trac — 1st g 9s gu 1929 opt..M AI
Milwaukee G L 1st 4a '27. MA1st 5S 1935.....................
Minneapolis Gas Light—
Mlnneap St Rys-
Mlssourl Edison El 5s r27 Mo El Lt 0e May 1921.
Mobile Elec 5s ’ 40 op ’ 10
Mobile St Ry Monongahela t-
Montana Power-
Montreal TrumwayH—
Mt Wash St Ry— Soe Phlla Co
Municipal Gas A Elec. 1 1st M g 4 tjs 1942 op ll
Municipal Sorvlce Co—
Muskogee Electric Traction—1st a f gold 3s 1934____MA
Muskogee(Okla) Gas A Eloc- lst A ref 6 0 1920 op ’09__J<!
1st M 5s 1937................. MASfew England Elec Securities— 1st coll tr 5s Jan 3 1932.. JAJ3
ew England Power—1st m s f 5s 1951_______ JAJ
rew Eng Tel A Tel—4s Jan 1930_____________ JAJ6s gold Oct 1 1932_____ AAO
1st gold 4s 1950 opt____MAS
rr Corp
75
B id .
8895
105
89
80*92*
2d M 3s 1929....................AAOConsol A refg 5s 1933 __ JAJ
Tew Milford Pow 1st 5s ’ 32 FAA aw Orleans Ry A Light Co—Gen M 4}*8 g 1935_____ JAJ
Certificates of deposit-------RefAgen5s’49op’ 19serA MAN
Certificates of deposit____Penn tax exempt....... ..........
Deb g gu 0s 1918 opt__ JADCanal A Clalb 1st 6s ’46.MAN
Certificates of deposit...N O Cy R R —Gen g 3a '43JAJ
Certificates of deposit...N O Cy A Lake 5s 1943. JAJ
Certificates of deposit— NOACarroll con5sFeb’33.JAJ
Certificates of deposit... Edison El 1st 3s 1929..JAJ
Certificates of deposit__N O Pow-HouseCo 5s ’41.JAJ St Charles St 1st g 4s’52..JA J
Certificates of deposit. . . Newp News A Hamp Ry, G A E
1st A ref 5s 1944............ JAJNewp’tNewsAOld Pt Ry A El
1st g 5s Nor 1 1938.-M AN Gen g 58 Mar 1 1941..MAS
Y Gas Elec L H A P Co—1st g 5s Dec 1 1948.........JADPur mon col tr 4s 1949 ..FAA Ed El 111, N Y , con g 3s’93JAJ Central IJn Gas 5s g 1927JAJEquitable Gas 5s 1932__ MASNew Amster Gas 5s 1948. JAJ N YAER Gas 1st g 6s ’44. JAJ
Con 5s 1945__________ JAJNYAWestch Ltg 4a 2004.JAJ
Deb g 5s 1934 op guar.JAJ North Uu Gas 3s 1927.MAN Standard G L 3s 1930..MAN
N Y Municipal Ry Corp—1st M 3s 1966................... JAJ
NY A N J Telep 3s g 1920.MAN N Y A Pa Telep A Teleg Co—
1st gold 3s Feb 1 1 9 2 6 ...PAA Gen S Fd g 4s N or '2 9 ..M AN
N Y A Queens Elec Lt A Pow— 1st cons g 5s Aug 1 1930.FAA
NYAQueensGas 1st 5s ’ 34 FAA NY A Queens C oR y 4s’46.AAO
Steinway Ry— 1st g 6s’22.JA J New York Railways—
1st R E A ref 4s ’42 op’ 16. JAJGua. Tr. ctf dep______
AdJ Inc g 5s Jan 1942...A A OBankers Tr ctf dep___
Bleeck St A FF 1st 4s '30. JAJ BwayA7th Ar Cons5s’43JAD Bwav Surf RR 1st 5s ’ 24.JAJ CenCrosstown 1st 6s’ 22.MAN
Chris A 10th St lst4s’ 18AAO Col A 9th At 1st 3s ’9 3 . .MAS Eighth At cort lnd 6s’ 19.FAA Lex At A P Fy 1st 3s g’93.MAS Second At con 3s g’48 gu.FAA
Trust Co ctfs of deposit.. South Ferry 1st 3s 1919.AAO Tar W P A Mam 3s g '28MAS Third Are— See under “ T. 34th St Crosst 1st 3s ’98. a AO23d St. Ry. 3s 1902....... JAJ
N Y A Rich Gas 5s 1921..MAN NYAStamf— 1st g 5s ’ 3 1 ..A A O
IstAref g4s’58op af’ 14guMAN New York State Rys—
1st con g 4}*s ’ 62 op ’ 13MAN N Y A Suburban Gas— See West NY Tel 1st 4 }*s’ 39 taxex.MAN
Deb 6s Fob 1949...........FAAN Y Wostch A Bos Ry—'See 8t Niagara Falls Pow 5s 1932. JAJ
Refg A gen 6s Jan 1932. A AO Niagara Lockport A Ont Pow—
1st s f g 5a ’54 tax-exempMAN Norf A Atl Term—See VaRyAP Norf A Ports Tr— See Va Ry AP Norf Ry A Lt 1st 5s’ 49 ..M A N
Norfolk St 1st g 3s 1944..JAJ North Carolina Elec Power -
1st s f g 5s O ct '40 o p ’ 16 AAO ! North Carolina Pub Serr Co—
1st A ref 5s 1934 op t____AAOSaltab A Spencer 30 '4 3 . .MAN
North Cal Pow 5s 1932__ JADR A cons 8 f 5s ’ 48 op ’ 15 JAD
Nor Canada Pow 6s 1 9 2 8 . . JAJ Northern Illinois Lt A Trac-
lst M gold 3s 1923 guar..JAJ Northern Ohio Trac A Light—
1st consol g 5s 1933______JAJ1st consol g 4s 1933______JAJ1st I A ref 5s 1936..............FAA0s 1926.............. JAD
North O n tL A P 6s Apr ’ 31.JAJ Northern States Power Co—
1st A ref 3s 1941........... AAO8% notes 1926................AAO7% notes 1923..............FAA15
809393909562024344
8680909089}89}8282
7080
82
A s k .
8 7 Y
85 70
92 ^
82'96*
59 Y*.85
'96100
10788
Bonds.
92
80
8085
840 2 Y 649192 97
9405
87 9075 8554 5800 7070 8077 83
4 0 Y98}* 100857581 89 i60 6750 *o5'*27 % 30 %2 8 Y 29 Y
5 Y 5 Y0 a
30 454 0 Y 5350 604046
Y/......20
45
Chester 79 Y 90
earn R0 1 Y
80
89 J* 80
7 0 Y
53J*‘ 48}|
1 Y1
35
555555
50 J* Light g
8 0 Y 95j|
Rs—96
10290
90
8570
878570759079818998
9 7 Y
0 3 Y
90808093 Y 82
8 2 Y92100
Northern Texas Electric Co— Coll tr s f g 5s 1940 op t..J A J
Nor Westch Ltg 3s 1953— JAD North Hud Co Ry— See Public North Hudson Lt, H A P Co
(Hoboken, N J) 5s 1938.AAO North Jer St R y— See Pub Serv North Shore Electric Co—
1st g 5s 1922 op 1912— AAO 1st A ref g 5s ’ 40 op ’20. AAO
North Shore Gas Co of Illinois—1st g 3s 1937 opt------------FAA
North Texas Gas Co—1st 6s 1920-1932..............AAO
Northwestern Elevated (Chic)—1st M 5s 1941 op t............MASUnion El (Loop) 3sg ’45.AAO
Northwestern Pennsylvania Ry1st g 5s 1941___________ MAS
Northwest Gas juACoko (Chic) Cons g 5s Dec 1 1928— Q-M Cicero Gas genAref 5s ’ 32 JAJ
Norwich(Ct)QasAE g 5s’ 27 JAJ Norwich 8t Ry 1st g 5s ’ 23 AAO Oakland Traction Co—
Gen con 5s Jan 18 ’ 33._JAJ18 (}*kl Trac eon* 5s 1933. .JAJ Oak Tran 1st con s f 3s’32 JAJ Oak Tran 1st con g 3s ’ 31. JAJ
Ogden Gas 3a 1945_______ MANOhio Service 1st 6s 1937.-M A N Ohio fcnate Telephone—
Cons A ref a f 4s-3s ’ 4 4 ..JAJConv 7s Dec 10 1922___JAD
Oklahoma Gas A E lectrlc- lst M g 5s ’ 29 op aft '14.A A O
Oklahoma Ry—1st A ref g 5s ’ 41 opt ’ 2 1 .. JAJ
Omaha A Council Bluffs StRy—1st consol g 3s 1928--------- JAJ
Omaha A Coun Bluffs Ry A Br 1st cons g 3s Jan 1 1928.. JAJ
Omaha ELAP 3s ’ 33 op ’08 .JAJ Ontario Pow 3s ’ 43 op to '13FAA
Deb g 6s 1921 opt 1910..JAJ Ontario Transmission Co, Ltd—
1st gu g 3s ’43 op bef’ lfl.M AN Orange A Passaic Val R y— SeeP Oregon Electric R y—
1st g 5a 1933 opt----------- MANOttawa Elec 1st g 3s 1933.. JAD Ottumwa (Iowa) Ry A Light
1st A ref g 5s 1924--------- JAJOttum Tr A L 1st 8s ’ 21.AAO
Pacific Coast Power—1st M g 3S 1940 op 1915.MAS
Pacific Elec Ry g 5s 1942 ..JAJ Los Angeles Pacific Co—
1st ref g 4s 1930 opt’ 15. JAJ L A-Pac RR con 5s’31 AAO L A P a R R Cal 8 s ’ 43. MAS
Los Aug A Pas 3s g 1928. JAJ Pacific Gas A El ref 8s ’ 42 .JAJ
7% notes Apr 15 1920 — AAO Pacific Gas A Elec (Arizona)—
1st M 6s Jan 1931______ JAJPacific Gas Imp 4s Sept ’ 30 Q-M Pacific Light A Power Corp—
1st A ref s f g 6 0 1951 op .M A S Pac L A P C o 1st 8s ’ 4 2 ..JAJ
Guaranteed---------- — - -.- -Pacific Pow A L 1st 5s ’ 30.FAA Pacific Teleph A Telegraph—
IstAcol tr s f g 8s’ 37 op’ 22.JAJ Paducah TAL col tr g3s’35 MAN Parr Shoals Pow 5s 1932._AAO Paterson Ry— See Pub Sor Corp Paterson A Passaic Gas A Elec
Consol g 8s 1949_______ MASPawtucket Gas 4s 1932..M AN Peeksklll Lt A RR — 5s ’ 30.AAO Pennsylvania Ltg 8s 1940..JAJ Penn A Mah Vail— 8ee Mah A Penn Wat A Pow s f 5s ’ 40 .JAJ Penn Public Serr 5s 1962. FAA Pensacola El Co 1st 5s '31.FAA People’s G L A Coke, Chicago—
1st con g 6a 1943------------AAORefunding gold 3s 1947.MAS Chic G L A C 1st 5s ’ 3 7 .-JAJ Con8Uin Gas 1st g 5s ’ 30 JAD lnd Nat GAO g 5s ’ 36gu MAN Mutual Fuel Gas g 5s ’ 47 MAN
People’s Trac— See Phlla R T Peoria Bloom A Champ Trac—
1st g guar 5s 1930--------- MANPeoria G A E 5s '23 op '08 . JAJ Peoria Ry 5s *20 to ’ 26 gu.FA A Peoria Water Works Co—
Prior Hen 5s 1948.........MAN1st con 4s 1948------------MAN
Petersburg Gas 5s 1931 — AAO Philadelphia Company—
1st coll trust g 5s 1 9 4 9 . .M A S Cons mtg coll tr g 8s ’ 51.MAN Conv deb g 8s 1922 opt.M ANArdmore St 5s 1958------AAOCentral Trac 1st 8s 1929.JAJ Citizens’ Trac 1st 5s 1927AAO Duquesne Light 6s 1949.JAJ Duquesne Trac 1st 5s ’ 30.JAJ Fed St A P V 3s May 1 ’ 42JAJ Ft Pitt Trac 1st 5s 1933.JADM H lvE tA Sh 5s’ 23____MANMonong St Ry 5s g 1928. JAD
WllkAEPlt 1st g5s’29 MAS Mount Washington St R y—
1st A coll tr gu 3s 1933.AAO Pitts Alleg A M gen 5s’ 30AAO Pitts A Blr Tr 3 s g 1929.MAN
B K A A Trac 0s 1931 .MAS Brownsv Are 5s 1928.FAA W Liberty 1st g 5s ’ 30.JAJ
Pitts A Charleroi 3s '32 . MAN Pitts Trac 1st 5s 1 9 2 7 ..A A O 8oTraclstAcoll tr g 5s’80AAO The 2d Ave Tr 5s 1934..JAD
/ This price Includes accrued interest, k Last sale. n'Nomlnal J In London, s Sale price.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
42 GENERAL QUOTATIONS—PUBLIC UTILITIES [Vol.NOTICE.— AH bond prices are “and In terest” except where marked “f” and income and defaulted bonds.
no.Bonds. B i t . A * k . Bonds. Bid . I I I . Bonds. Bid . A it
Steinway Ry—See N Y A Qu C 1 Ry60 65 Suburban Gas Co of Phlla—____ , - - - . lit S f g 5sApr l ’ 52op’07. AAf » 90 93
Superior Water Light A Po.v -____ 78 111 4s May 1931.. . MAN' 7 2 76
Srracuas Gas g 5s 1940____JA ____Syracuse Lake Shore A Nor —
65 67 1st M g 5a ’ 47 opt ’ 17 .MAN 60 6587 95 Srracuse Light x 5s g 1931. J AC• 84 8 8
____ . . . Syrac L A P con tr 3s ’ 3 4 . . IA 1 6 8 73L) Syrao Rap Tr 1st g 3a 1940. M t£) . . 85
2d mtg’e g 3a 1930___ ..JA 70 75R T Tacoma R 7 A P—See Puget Soi nd EleTacoma Wat Sup 1st 3s ’ 25.JA ___
n 83 87 Tampa Elo trie Co —80 90 1st M g 3s 1933 1 f op ..JAI. 83 90r Pub £1 erv Tampa Gas 3s 1937 opt . MAN 8083 83 Tar W PI A Ma R y —See N Y
.........Ry<
____ __ - Tsnn Pow gu 3s 1902 opt M l ' 50 5 583 83 Teurt Water 1st 5s 1946 . MfeN 70 80
Terre Haute ladlanap A East —n 82 8 6 1st A ref s f g 5s ’ 45 op.Afc
Terre Haute Trac A Light —87 90 1st con M g 3» 1944____MAN 84 87 A92 96 Terra Haute EI—3i ’ 29 ..J t 80 90
Sh El By Texarkana G A E 3a ’30___IAJ 8 8 95......... ___ Texas Pow A Lt 1st 3a ’ 37. JAD 82 89
S i A 8 5 .. Texas Public Service 6s ’ 33. /A 1 97 100Tex Trac— 1st s f g 3s’ 37oot JA i_ ____ __ Third Avenue lly (N Y) —
- - - - - 1st ref g 4s I960 op aft ’ 14 JAi 49 50 A__ __ AdJ Inc g 5a Ian I960 o p . AA ) / 27j^ 29
Third Av RR tat 3s g ’ 37.JA l 84 88 A\ 0 0 A Dry Dock E Bway A Batt’96 99 1st 33 gold 1932____ .JA t 55 6090 99 New ref ra Ser C Incom e.. f 1 0 20
42nd St VI A St N 1st 4a ’ 1 1S k H 87 Ext at 5% to 1 9 4 0 ..M A
Sou Bonier g 5s 19 45__ JA 0375 ■ 85 Union Ry 1st 5s'g 1942 .F t A 05 75
Westchester El 1st 3s g'43I t.i 607 4 Yonkers Ry 1st 3.) 1940.AAO 45 0055 Thirty-fourth St Croaatowa— *eo N 7 Rys80 -- - - - Tl<le Water Power—
Geu M 6a 1920________ FAA 93 9970 80 Toledo Bowl Greeu A Souther. 1. . . .. - - ___ 1st g 5s May 1 1921___ M fc N 6592 90 Tol Frern A Nor St Ry— See Lak a Sh El R793 96 Tol O E A H cou 1st gSs’ 35 AAO 58 05
. 75 80 Toledo Horne Telep Is 1922. f t ) 9 4 9085 Tol A Indiana 1st 5a 1931. J to87 9 3 Toledo Trac Light A Power—85 92 2nd lien conv 7s 1921___ JAJ87 92 Tol A West Ry 1st g 3s ’ 20.JAJ 25 4084 88 Topeka Edison 5s Sept '30 .JA) 85 9096 99 Topeka Ry—3s '30 op '1 5 ..J A I 85 90
Toronto Ry 4V4) 20 '21 .F t \75 80 Trenton G A El g 3s 1949 .M tH 8587 92 Trent St Ry—con g 3s '38 .JA 1 70 7580 85 Trent Pass 6s Sept30’ 31 AA ) 9090 08 A Trl-CIty Ry A Light—
Coll tr s f g 3s 1923_____AA ) 921st A ref g 03 1930 op t..J A 5 75 80____ - - - - - Troy City Ry— See Ua Tr (Alb)
87 94 Troy Qas 2d 6s 1923______PA V 100 101Consol 3a 1939........... .M AN 100 101
70 28th A 29th Sts -S e e 3d Are Rv23d St Ry— See N Y Rys
. . . . - - - - - Twin City Rapid Transit Co —St Paul Cy— 1st g 0s '33. AfcO 95
65 1st cons 03 g 1934 A t ( l 95Cable con 3s g 1937.. JAJ 13 80 8290 Guar g 5s 1937___ . JAI
Mtou A St P Sub 3s '2 4 MAS 92- - Mltin St A St Paul City—New A C or Ry Cous guar g3s 1928..A A O 93
Twin City Telep 3s 1926 . . JAJ b ( i A % 0%Corp Twin States Gas A Elec—70 1st A ref 53 Oct 1 9 5 3 ...AAO G5 7 5102 Underground Elec Ry of Loudon
4^1 Jan 1 1033........... ..J A I 65 0 5 A84 81X Income 0s Jan l 1948.. . . . / 55Union Depot— See United Rys St Lou IdUalon El Lt A Pow Co of St L —87 88 1st t 3s Sept 1 1932.. .M A S 90
99 A 100 RefAort 3s133 op aft’ 18 MAN 82100 102 Union Elev RR —See Northwest Eler98 99 Union R y—See Third Are Ry82 90
Union Ry Gas A Elec Co (Illj — Col tr g 3a 1939 conv op.JAJ
Union Trac Co of Indiana—92 96 1st g 5s July 1919___ .JAJ 00 70102 UYi'A Indlanap North'n 3s 1932 JAJ 45 50Tol Tru ct Union Utilities 3s 1914 op.JAJ89 91 United Elec Lt A Power, bait —
1st cous g 4V^s 1929__MAN 81A95 98 Uult Elec Co Of IN J 4i '49. JAD 03United Electric Securities Co —
7 9 83 Coll tr g 5s 1933 to 1943.FAA 80 88- - - - - - - - - - United Fuel Gas 0a 1930..JA J 97United Gaa A Elec Corp—
81 87 Coll tr s f g 0s 1943 ___ AAOUnitedG A E ofN J lst5a’22.JAJ
75 80 United Gaa A B1(3F) 5s’ 32 JAJ 97 AUnited G A F 0a 1923_____JAJ
98 100 United Ilium Co New Haven—1st 4s Feb 1 1940_______ FAA 80 89
- - - - - United Light A Rys—1st A ref g 5a 19.TS up JAD 72Conv deb 0s 1920_____I'M AN 84_ ____ _____ 6% g uotesl920 Ser A...M AN 99 100
94 98 7 % notes Apr 1 1923________ 91 95United Power A Tran—
93 96 Del Co A Phi tr ctfs4s’49 JAJ 35 4084 87 United Rys tr ctfs 4a ’49 .JAJ 45 50
lgf A P iorla— United Public Utilities (Del)1st 0s 1943........................ JAJ 85 90
- - - - - ......... ; United RRs of San Fran—S f g 4s April 1 1927____AAO 25 29 A80 85 Un Tr Co N Y ctfs dep . . 25 20
98 100 InterchctfsUnTrS FA fiqTr 25 25 A- - - - - __ _ Market St con g 3s 1924.MAS 70 A 7 5Basis w % Unit Rys A Elec (Baltimore)—94 95 tsl consol g 4s 1949____MAS 06
Incomes g 4s 1949 op ’ 29 JAO 47 ■17A88 91A Inc funding g 5s 1930..JA D 0078 8099 100
PhiladelDhla Co. iC o n c iu d e t )— United Traction 3s 1097.JAJ West End Trac con 3s ’38. JAJ
Philadelphia Electric—1st M 8s 1988 ...............AAO8% gold notes 1920____FAA
Philadelphia Rapid Transit—Coll tr i 3a 1937 opt s f_FA AB f guar g 33 ’03 opt ’ 17.MAS Darby Media A Ones St Ry—
u 4s 1935........MAN1st g gu 4s I93i Union Traction—
Elec A Peo 4a tr ctfs ’ 43AAO Heat M an A F 5s 1924 MAN People's Traction C o—
P P R y trc tfa 4 s ’43 FAA W Phil Pass 2d 5s ’ 20 .MAN
Philadelphia Suburban Qas A El 1st M A ref * 5s’80 op’ IS .F A A
Fhtla A West Chester T r—M tge gold 4s 1934 ............. J A J
Philadelphia A Western R y —1st g 3a Ju ly l 1900____ J A J
Pine B luff Co 5s 1942.......... J A J1st 0s 1942______________ J A J
Pitts Alleg A M an— See PtillaCo P itts A Blrra T r— See Phlla Co Pitts A Charleroi— See Phlla Co P M cK A C on — See W Penn Rys Pitts T ra c—See Phlla Co Portland (Me) E l 8a '26 optFA A Portland (Ore) Oa« A Coke—
1st A ref g 3 i '40 opt '2 0 . J A J Portland G as 1st 5 i 19 5 1 FA A
Portland (Me) R R —1st con 3**s 19 5 1 op ’ 3 1 . J A J 1st 1 A con m 3s 19 4 5 .-M A N
Portland R y L t A Power—1st A rsf S f 5s 1942 op ._FA A Portl’d R y ref 8a ’30 op .M A N
C ity A Sub con 4a ’ 3 0 .JA D Port Gen Elec 1st 8s 3 5 .J A J
Portland (Me) W ater 4s ’27FA A Porto Rico R y s, L td —„ I 5s N o r 1 1930 o p . M A N Porto R ico Telep Os 19 4 2 .. JA D Potomac E l Pow 5a '29 op . JA D
Cons M x 8s 1930 g u a r . . JA JDeb gold 0s 19 2 5 ............ J A JGen mtge 0s 19 2 3 ............ J A J
Prescott Q A E i 1st Os ’ 4 0 .. J A J P ro r. Secur.— see Steam R .R ’s Public L A Pow 1st 3s 1945FA A Pabllc Sarrlco Co of Nor 111—
1st A ref g 8s 1930 op’2 1 . AAO0% notes 19 2 2 ________ M A S
Public Serrlce Corp of N J — Trust certs 0% p erp st-.M A N1 % gold notes 19 22___ MASGan * 3s Oct 1 1939 op . .A A O Camden Sub 1st 8s 19 4 0 .J A J Oons Trac 1st 5a 1 9 3 3 . . J A D 1811s Plaluf A Cent Je r R y —_ 1st g 3s Dec 1 1 9 3 0 . . . JA D Bllsabeth A Trent 3s’02 AAO J C Hob A P at 4s 19 4 9 .M AN Newark Pass con 3s ’ 3 0 . . J A J N ew arkTerm R y 8s '5 5 . JA D N Hud Co R y cons 3 s '2 8 . J A J
Id 8s ext to 19 24____MANNor Je r St R y 4s 19 4 8 .MAN Or A Pass Val 1st 3s ’ 3 8 .JA D Paterson R y — Con03g’ 3 1 JA D „ 3d 2i! i 4 ext 8% t0 '44AAO 5 . T r M * ’ 21AAORlrerslde Trac 3s 190O .JA D Bo Jersey G as E l A T rac—
o 8a Mch 1 19 33 MASPueblo A Sub T r A L tg—„ l»t S t 3s 19 22 ...................AAOPuget 8ound Power C o —„ *«t g gu 5s 19 33 opt____JA DPuget Sound T r L A Pow—
7% a f g note3 1 9 2 1____JA DPaget Sound Electric R y —
1st consol g 8s '32 o p . FAA Tacom a R y A P 3s ’ 29 AAO
Quebec R y L H A Pow—Oons g 8s 1939 opt____ JA D
Quincy (111) Gao Elec A H eat— 1st cons g 8s 1935 op ’ 1 0 . M A S Quincy G A E 3s 19 2 9 .. M AS
Eaclne (Wls) W ater 5s ’ 3 1 . M AN B ap T r St R y — See Pub Ser CorHeading Trac 0s 19 3 3 ........ J A J
RaadAW om — 1st 5a g ’ 25 J A JRhode Isld Sub 4s '80____J A JRichmond ( S I ) Lt A R R —
1st coll tr g 43 19 32 .......... J A jRio de Janeiro Tram L A P —
let I 8s 19 3 5 __________ . . J A JHlreralde T ra c —See Pub S e rr C Roanoke W W 03 19 3 0 . . . J A J Rooh G A E 2d 4> *j’ 20op’ 10M AS ftoch R y A L t 5s '54 o p t . . . J A J
T ax exem pt___________Roeh R y cous 8s g 19 30 . AAO
2d 8s g 19 3 3 ................... JA DRochester A Syracuse R R —
1st M conv 3s 1937 ____MANRochester Telep—
Gen 5s 19 3 3 ........................ AAORockford (111) Electric C o
l l i A ref a f 8* ’ 39 op’ ’ 14 MAS Rockford A Inter-Urban R y —
1st g 5s 1922 op 1 9 0 7 . . .AAO Rockford A Freeport l3t g gu
5s 1923 op aft Feb ’ 10 MAN Rock B A J 1st g 5s ’30guAAO
Rum ford Falls Pow 4s OctI 1943 Rutland R y L A P ls t3 s ’40 MAS Sacramento Elec G as A R y —
Cons 5s Nov 1 19 2 7 ____M ANSacramento G as 0a ’20-40.A AO Saginaw-Bay C ity R y —
1st A ref x 5s 19 3 5 ..........MASSaginaw Val T r 5s 1920 . FA A
3 t Charles St R R — See N Or R y
/.......
80 99 y%85828277 a599070918008908087
708585
”76"
7095809070
7588839990
44
98 a757585805560
n 87
/ - - -5095
* L ‘
86 X 1008880
79 a5 9 a9475958272
0 3 A8595
St Joseph Ry Lt Heat A Pow — 1st g 5s Nor 1 1937___ MAT
9t L Tran—See Un Rys (St L) St Paul City Ry—See Twin Clt St Paijl Gas L igh t-
Salt Lake Term 0s 1935 J A San Antonio GAE 5s ’49.MJ San Antonio Water Supply—_ 1st A ref a f 5s ’33 op’ 13 FA
Not callable___
90 9485 90
70 7280 85
6668
......... ' 9 t "92 94
8 2 ^90 9593 95
9191
97 9887 9570 80
8407A 9865 7082 8457 58 A80 8570 75
707045 5075 8082 87757045 50
San Joaquin Lt A Pow Corp —
Series B. Series C .
80988599758065
8810295
4977
1008585908560
92
1st g 0s 1939 opt ’ 19.........JiSao Paulo Tram L A P , Ltd—
1st g 3s June l 1929____JASarannah Elec Co 3a g ’ 32. JAJ Sayre (N Y) Elec 5s 1917../' ‘ “ Schenectady Railway Co—
1st M 5s 1940 op ’ 19 .. MfeS Schuylk Trac— 1st 3s 1943 AAO Scioto Vail Tr 1st 5s 1923 M fcS Scranton Elec 3i ’ 37 opt ’ 12.JAJ Scranton R y— 1st 5s Nov’ 32JA l
Gen g 3s 1920 opt_____M %NScran Trac 1st 0« g ’ 32. M fcN 8cran A Carb Tr 1st 8j ’ 23 JAJ
Seattle Elec 1st g 5s '30 op FAACon A refg a f 3a 1929__ FAASeattle Ry 53 1921 op t..M A N
Seattle-Ererett Traction—1st M g 3i 1939 op ’ 1 4 ..MAS
Ssattle Ltg 1st 5a’44op 10.MA Ref g 31 1949 opt 1914..AAOGen M 7s 1929................ JAJ
Second A re—See N Y Rys Second Are Trac—See Phlla Co Seneca Power Corp 6s ’40. MAS Sarerep Rys— lst.ls 20 '44IA I Sierra A San Francisco Power—
1st g 3s 1949 opt......... ..F A ASioux City Serrlce C o—
1st A ref s f g 5s ’ 2S op__ JAJSomerset Un A Middlesex Ltg —
Mtge g 4s Dec 1 1943...J A D So Bend A Mishawaka Gas—
Cons f 5s 1923 opt 1908..JAJ South Carolina Lt Pow A R y—
1st a f g 3* 1937 opt____MANSouth C or A Cln St Ry-See CIn South Ferry— See N Y Rye South Jer G E A T —See Pub Ser So Side El 4V$i 1924 op ’ 10 J AJ Sou Yuba Wat—Cou 6s ’23.JAJ Southern Bell Telep A Teleg —
1st S f g 38 1941 op ’ 10...J A J Sou B’ rard—See Third Are Ry Southern California Edison —
Gen g 5s N or 1939 opt .JAJ Conr deb 03Marl5,’2O MAS15Debenture 7 a_______________Gen A ref g 6 3 1944____FAA
South’n Countie3 Gas Co of Cal1st g 3 A a May ’30____MAN
Southern Ills Light A Power —1st M 03 1931 o p ............. JAJ
South N E Telep 1st 5s '48.JAD South Ohio Tr—See Cln Day A Southern Pow 5s 1930 opt.M AS Southern Sierras Power—
1st s f g gu 0s Sep’30op’ 18 JAJ Southern Trac—See Phlla Co Southern Utilities 03 1933.AAO Southern Wise Pow 3s ’ 38 .AAO Southwestern Gas A Electrlo—
1st A ref s f 5s 1932 jp t . . FA A Southwestern Power A Light —
1st Hen 5s 1943........... JADSouthwest Utilities Alra, Ok
1st M s f g 1929............... FAASouthwest Missouri UK—
Gen A ref 5 s 1931______ MAS8 W Mo El By ref 3s 1923. MAS
Spokane A Inland Empire RR 1st A ref g 3a 1920 opt.M AN
SprlngBr’kWater—3s gr20.AAO Springfield (O) Lt Ht A Power—
l s t s f g 5s 1929 op 1914. FAAGen A ref 3a 1933........... AAO
Spring! A N E Tr— See St L Sprl Springfield (111) Ry A Lt Co—
Coll tr g 3s 1933 o p t . ..J A D Springfield (M o) Ry A Lt C o—
1st a f g 3s 1920 opt____MAN7% notes 1921______________
Springfield (O) Ry 1st 3s ’ 35MAS1st m 3s 1920-1935 ____MAS
Spring Val Wat ref g 4s ’ 23.JAD Standard Gas A Elec of Delaw —
Conr s f g 8s 1920 o p t...J A D0% gold notes 1933____ AAO7% gold notes 1921____ MAS
6 Basis. /This price Includes accrued Interest, k Last sale. U n London. » Nominal. « Sale price.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
Jan., 1920.] GENERAL QUOTATIONS—PUBLIC UTILITIESNOTICE.— All bond prices are “and interest” except where marked “I” and Income and defaulted bonds.
Con g 4 X « 2004..........__JADTax-exem pt______________
Albany Ry con M 8 s g ’ 30 JAJQen g 8 a 1947............ .JAD
Troy City Ry 3s « 1942. AAO Unit t r (Plttsb)—See Phlla Co United Tr A El (Pror) 8 s ’ 33 MAS Unit ad Util 1st 0s ’ 43 op ’ 18 JAJ Utah GasACokelstAa’ 30 optJAJ Utah Lt A P cons g 4s ’ 30 .JAJ Utah Lt A Ry (Salt L City)—
Cons Ry A P 1st 3a ’2 1 ..JAJ Utah P A L lat 3s 1944 ... FA A Utah Securities Corp—
0% notes Sept 15 1922. MAS Utica El L A P 1st 5s 1930. JAJ Utica GasAEl refAext 3s ’ 37 JAJ Utica A Mohawk Valley Ry —
1st g 4).<a 1 9 4 1 ... .........MASUtica Bolt L 1st tt 8s ’ 39 MAN
2d g 5s 19.31________ JAJTalley CountleaPow As'30.MAN Tantura CoPow 1st fls’30.MAN Tarmont Pow A Lt* 8 s ’ 27. MAS Virginian Pow 1st 5s 1943. JAD Virginia Ry A Power—
1st A ref g 5s 1934______ JAJNorf A At! Term 5s ’29 MAS Norf A Ports Tr 3s '30 ..JA D
Wash Alexandria A Mt Vernonlat g 3s 1955 o p t . .........MA I
Washington Halt A Ami El—1st M 3s Mch 1941 op..M AS
Wash’n (DC) Gas 5a 1900.MAN Washlngton-Idaho Wat L A P—
1st i? 0s 1941_________MANWash Ry A El g 4s 1931... JAI)
General fls 1923________ JAJAnacost A Pot 5a 19 4 9 .. A AO
Guaranteed______________City A Sub 3a g 1948...F A A Metropolitan 1st 3s 1923 PAA
Washington Water Power C o— Consol A coll tr g 8 s 1929.JA J1st refg g 8 s 1939 o p ___ JAJ
Waterloo Ced Falls A No Ry— lat M 8 1 g 5s 1940 op ’ 18. JAJ
Westchester Elec—See 3d ArRv Westchester Lt 1st g 8 s ’80 .JAD
N Y Sub Gas—1st gBs’49MAS West Cheater (Pa) 8 t Ry—
1st g 8 s Aug 7 1932.........FAAWest End St— See Boston El West End St Ry— See Boston El Westerly L A P 3s 1937..-JAD Western Light A Power—
1st s f 8 « 1923.................. MANWestern N Y A Pa Tree—
lit A ref g 3s 1937 op ’ 12. JAJ Western N Y Utilities—
lit g 3s 1940___________JADW Ohio Ry— 1st 5s 1921 ..MANWestern States Gas A Electric—
1st A rot 5o 1941 opt____JAD0% notes Feb 1927..........FAA
Western TA T Col tr * 5s’ 32.JAJ West Un Tolog Coll tr 3a ’38. JAJ
Fdg A R E M 4 X s g '30.MAN MutTJnfls ext at 3%to’ 41MAN Nortbw’n gu g 4 3-ja 1034. JAJ
Western United Gas A El— latArof 3h g 1920 to ’30 PAA
Waat Liberty St Ry— See Phlla West Form Power—
1st M Ss ’40 op ’21 SerA MASlat M 0 s 1958 Ser C ____JAD
Wost Penn Railways Co—1st g 5s Jail 1 1931_____AAOPitts McKees A Connells RR
1st cons g 5s Jan 1 ’31..JAJ Wait Penn Tr 1st 8 s 1900.JAD W Phlla Pass Ry— See Phla RT Whatcom Co RyALt 8s’35MAN Wheeling (VV Va) Elec Co—
lit M 91 1941 opt........... MAN
s a x
9590909590
90
95
5 0 X85973b387573 60
/n 45 85 7274
8 2 X
84
KH709090
’ 95‘90
n 45
A«t.
Wheeling Trac 5s g 1931----- IAJWtlkec-BarreGAE 3s’53opt...IAJ
65918887
Co
9068
8280808080
”70"85
90s a x
8498o s x98989698
53 X
89 92899094 X54
S390
1004040807065
907778
8388
Bonds.
80 X80
10010098~95
7081
l o x91
57>*
70 X 92
5891
93
50 79 X
• s a x
80
Wilkes-Barre A Hazleton RR— lit coll tr g 3a 1951 ..M A N 18
Wilkes A Wyo Val— 3s ’ 2 1 AAO Wllklnsb A E I’ ltts 8 t Ry— SeeWlllapa Elec fls 1923______JAJWlUlamspl Gas— 1st g3s’ 39PAA Wilmington (Del) Gas Co—
lit A ref a f g 5s 1949 op.M A S Winnipeg El— lat ref 3s r35 JAJ
8170853185
Phlla C837570
9575
8089 81 81 S I X
’ 82 '90
0980837590309090
8085
Wisconsin Edison Co—Conv deb 61 1924.........MAN
Wisconsin Gai A Electrlo—1st g 5s 1932 opt 1 9 1 9 . . . JAD
Wisconsin Minn Light A Pow 1st A ref 5a 1944 op ’ 19. MAN
Worcester A Conn Eastern Ry—1st i f g 4 ^ s 1943----------- JAJ
Wore Con St Ry < X a 1920.MAS1st A ref g 4>4s 1930------FAADeb g 3a 1927.................. MANWore A Clint 1st g 8 s ’ 19.
Ext at 7% to Jan 1 9 2 1 ... . W orcA3outhb3tRy4*s.22M AS Wore A Web St Ry 5s '19 .JAD Yonkers Ry—See Third Axe Ry York Haven Water A Power—
1st 5a June 1 1931_____JAD2d fls May 1 1924.........MANCons M 51 May l 1937.M3
. ark Rys—1st M g 3a 1937 opJi Youngstown A Ohio River—
1st M * 3s 1933 opt '1 5 -A.L _ Youngs-Sharon Ry A L— See M Zaneav Ry LAP— See Col NewPUBLIC UTIL STOCKS P a r .
Preferred__________ (no par)Boston A Worcest Elec, (no par)
Preferred----------------(no par)Brazilian Tr L A P Ltd------- 1 0 0B’ way A 7th Ave R R — See N YBrooklyn Edison............. . . .1 0 0Brooklyn Rapid Transit------100
Certificates of deposit-----------Brooklyn City R R -------------10
Brooklyn Union Gas-----------100Buffalo General Electric------100CaMf Elec Generating, pref-100Calif Ry A Pow prior pref__ 100Calif St Cable RR(San Frau) 100 OamdenASubRy— See P S Corp Canadian General Electric..100 Capital Trac (Wash, D Q ..1 0 0 Carolina Pow A Light, com . 100 Cent Arkan RyALCorp pref 100 Cent Crosst RR— Sea N Y Ryi Cent Hudson Gas A Elec— 100 Cent PkNAER ItR—See N Y R Central A South Atner Teleg.100 Central States Elec Corp— 100
Preferred_________________ 100Chic City A Concora part ctfs(t)
Pref partlc ctfs_____(no par)Chicago City R y -----------------100Chicago Elevated Rys com
Preferred----------------------Chicago Rys partlc ctfs ser 1—
Chicago Sub Gas A Electric. 100Preferred------------- 100
Chris A 1 0 th Sts RR —See N Y Cincinnati Gas A E lectric.. 100Cincinnati Gas Transp......... 100Cincinnati A Hamilton Trac. 100
Preferred------- ------------------100Cln New A Cov Lt A T r a c . .100
Preferred................ _ . . 1 0 0Cincinnati Street R y------------- 30Clncln A Subur Bell T e le p ..30Cities Service...........................100
Preferred_________________100Cities Service Bankers shares(t) Citizens’ Pass Ry— See Phil R T Citizens Trac— See Phlla Co
B id . A i k .
87C
89 (
78 83 ( (
84 87 (
6 1 X ......... (55
n 70 ......... (n 80 ......... <
n _____ 85 (n 70n 98
<85
(90 <
850 0 _____<79 84 <
(85 9 0
ah A S Ry A L 1A Zane svllle (
11
1 14 161 70 801 - — - 11 -------I X
- - - - - <1<
l 3 % 4in 30 35Id 1 2 0I d 3 9 X
1244 0 X
l -------- - - - - -1 177 1801 91 931 05) 74d 1 ad 6 1 0
olumbla Gas A Electric— 100 olumbla (SC) Ry Gas A El 100Preferred................ 100
Columbus Ry Pow A L com . 100Preferred A_______________100Preferred B______________ 100
Commercial Union Teleg(gu).25 Commonwealth-Edlson Co.100 Com’lth Pow Ry A L com ..100
Preferred--------------------------100Coney Island A Bklyn R R ..10 0Connecticut Power pref------100Connecticut Ry A Lighting. 100
Preferred--------------------------100Cons Gas, E L A P (B a lt).. 100 Consolidated Gai (N Y) See Consolidated Gas (P ltti) p f..3 0 Cons Trac of N J— See Pub Serv Consol Water (Utica) c o m .. 100
Consumer!’ Qai (Torouto) — 50 Consumers Pow (Mich) prof.100 Contln Pass Ry— See Phlla R T CurabTd Co (Me) P A Lt — 100
Preferred....... ................— 100Danv Champ A Dec pref— 100Dayton Power A Light------- 100
Preferred_________________100Dayton A Western common. 100
Preferred_________________100Denver Gas A Elec pref------100Denver A Northwestern Ry.100Detroit Edison_____________ 100Detroit United R y ................ 100Dominion Teleg (Canada)— 30Duluth Edison Electric--------100
Preferred........... .............. — 100Duluth-Superior Trac C o— 100
Preferred_________________100 nDuquesne Light—Ses Phlla 8 0 .Eastern Penn Rys com --------100East Read’* El— See R’d ’g Trac East St Louis A Suburban..100
Preferred--------------------— 100Edison Elec Ilium (Boston). 100 Eighth Ave R R —See N Y RysElectrical Securities pref------100Electric Invest Corp------------100
Preferred-------------------------100Elec Storage Bat—See Ind. A M lac. CoElizabeth Gas Light........... -20 d j 0Ellz A Tren R R —See Pub Seir Corp Elmira W LARRlst pf v t c.100 92El Paso Elec Co common — 100
Preferred. . . -------- 100Empire A Bay State Teleg —100Empire DIstrlctEIectrlc------100
Preferred _______________ 100Empire Gas A Fuel Co p f—— - Equitable lllO L iPhlla) pf.100Essex A Hudson G a s . . .........100Falrm't Pk A Had Pass Ry— SeeFall River Gas W orks.......... 100Federal Light A Trac c o m .. 100
Preferred ------------------------100Federal Utilities...................... 100 n! Preferred_________________100Ft Wayne A Nor Ind Trac —100
Preferred_____________ ---1 0 0Franklin Telegraph (guar) — 100 Galveston Houston El C o— 100
Preferred............... . . . — 100Gas A Elec of Bergen County 100 Gas A Electric Securities.- . 100n 350
Preferred------------------------ 100n 80General Electric—See Ind. A M DC. <>osQenerai Gas A Electric-------100 n 4
Cumulative preferred----- 100 nConvertible preferred----- 100 n
Georgia Ry A El Co atmpd.100Preferred________________J 00
Georgia Ry A Power com — 100! First preferred--------------- 100
Secona preferred------------100Gold A Stock Teleg (guar).. 100 Grand Rapids Ry preferred-100Hackensack Water---------------23 d
Preferred--------------------— —23 iHarrisburg Lt A Pow p r e f . . .30d - - - - Hartford Electric L ight.. ..100 1/ 19o Hartford City Gas Lt com . . . 23 d 32
Preferred--------------------------- 23 d 33Havana Elec Lt A P ow er... 100] 99
Preferred_________________ 100 108
146701060
1001 6 0 " '
XO X
189564 X 30 00 20 7040 24
1 0 7 X2041
" 8 3 "3740
Y "C ify
7080
10515082
964385
*50'" l 2 '117103
7550
' 7 0 ”*98“100
Pldla160
740
130
309
632955
85
99808060
‘ 7 5 "lob"115
R T 170
1044
545
4013
70
1440
10472OX72
1498
" 2 5 "25
Holyoke Street Ry . -100;Houghton County Elec L t—.23 d
Preferred__________________ 23 dHoughton County Tr com ..100
Preferred... ------------------ 100Houston Gas A Fuel p r e f .. . 1 0 0Hudson County Gas------------100Illinois Traction com m on..100
Preferred_________________ 100Ilium A Power Securities—.100
Preferred------------------------- 100Indiana Lighting-----------------100Indiana Rys A Lt common— 1 0 0
Preferred............................... 100Indiana Union Traction------100Indianapolis G a s .......... ...........50Indlanap A Southeast Tr pf.100 Indianapolis St Ry C o— . — 100Indlanap W W Sec, pref------100Interboro Cor*»ol Corp v t c — vt)
" T Purchasefaiio pays a c c ru ^ d lv T b 'B M l^ P r lce ner share, not per cent. / This price Includes accrued lnt. k Last sale, n Nominal. 0 Per cent, •(par value • Sale price. * Ex-dlv. s.Ex-rlghts. (t)W lthout par value.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
1 4 GENERAL QUOTATIONS—PUBLIC UTILITIESStocks.
Inter-State Rys preferred..Preferred-
Preferred .Preferred............... ............
Klnloch L o n g Diet T elep ..Laclede Qaa Light_________
Preferred______________
First preferred.
Lavrenilde Power.Lehlgh Valley Transit com”
Lone Star Qas.
Pref erred. Lowell Elecl Lowell Qaa.
Manufac Lt A
Maao Electric Companies__--- ■■■ ^ »• v u a ------IU
P referred ................ ...... 1 0MMaachusetta Lt* Coa com .(t
Preferred________________ io „Memphis Street Ry com ____100
Preferred________________ 1 0 0Mexican Light A Power com 1 0 0 Mexican Northern P ow er... 1 0 0Mexican Telegraph________ iooMexican Telep & Tele*........... 1 0
Preferred__________________ 1 0Mexico Tramway................. looMichigan Light pref............. looMichigan State Telep p re f-.iooMiddle West Utilities______ 1 0 0
Preferred_______ ______ iooMIlw Elec Rv A Lt pref------1 0 0MlMlMlppl River Power____1 0 0
Preferred___ ______________iooMobile Electric pref_______ iooMohawk Valley C o________ iooMonongahela Val T r____ 25
Preferred________________ iooMontreal L H A P Cons.-IlOOMontreal Telegraph_______ 4 0Montreal Tramways com . . . 1 0 0Montreal Tram A Pow_____1 0 0Mountain States Tel A Tel. . 100Municipal Qaa (Albany)____1 0 0Muskogee Qaa A E le c tr ic ...100
Preferred_________________1 0 0Narragansett Electric_____1.50WaahTllle Ry A Light p re f.. 1 0 0 NMIonal Light, Heat A Pow. 100
Preferred___________ 1 0 0Newark Consolidated QaalllOONew Bedford Qaa A Elec___100Haw E?<Mprd <k Onset R y.._ .l00Naw England Co com _____100
First preferre I___________iooSecond preferred____ ’ 1 0 0
2 2 - J 'ow er, pref. 100New England Tel A T 0r ._ _ .io oNew Haven Qaa Light........... 25New Haven Water_________ 50Hew Orl Rva A Light C o . . . 100
Preferred_________ 100N«w J ’?Ik4C,*y7-Co“ 80 O as 1 0 0 „ N Y Mutual Qaa L ig h t... 100New York Railways_______ ioo
Bleecker St A Fult’n F’y . . l0 0Bway A 7th Ave guar____100Central Cross town 7 % . ..1 00 Christopher A Tenth Sta. 100Eighth A v e .. ...................... ioo*2a St A Grand St Ferry..100Ninth Ave guar 0 % ______ iooSecond Ave_______ iooSixth Ave___________. I I ! i o o
m vju iȣkh,r<1 81 guar. - - -100N Y A Richmond Qas______ iooN Y State Rys com m on.. 100
Preferred_________________iooNiagara Falls Power co m !” 1 0 0
Preferred............. ............... iooNorfolk Railway A Llght-_I 2 5
st R y -io oNorthern Calif Power Cona.100
r. Bid. Ask
0 d .........n ___ 200 ......... 500 _____0 10 "l5) 65 75Od 12% 141 d _____ 430 120 1300 32 38) 650 2%) ......... 20) d --------4 _____ k 771 d 6 8d 10 14d 18 22
1G4 8 17o"30 "so"50 55
145 155158 16280 8543 45
d . . 61^d 5%
_____6
_____72 "73"51 62
d 11 1381 86
21 0 %
l 20 30l90” 200"
d 50c 85c
[V O L . 110
1%2875
41759
49% an 60
55d .........d 16%
59% ioo%89
1202188
100a *85~
42570
1651548895592
3% 32 85 08 X 25 42 80 11 52 70 60
Stocks. Par
v o x10389%
15721%91
107“ 90‘70
""e "3576
d x__dx 70
2 % 17 X 81 75
107
299 2
104%d ____
45
55 93 60 96 88 32 X 72 X 18
81X90
*1560%
k 155 190
k 63 1
k 33
93295
105
North Ohio Elec Corp, com .(t)Preferred.................... ioo
Northern Ohio Tr A L prof .100 Nor Ontario Lt A Pow com . 100
Preferred_________________ iooOklahoma Natural Q a s ____25Omaha A Council Bluffs__ 1100
Preferred_________________ 100Oro Electric Corp, pref____100Ottawa Light, Heat A P ow .. 100Ottawa Traction___________iooOttumwa(Ia)Ry A Lt pref. .100 Pacific A Atlantic Teleg (gu).25Pacific Qas A Electric______ 100
First preferred___________ iooSecond preferred (old pref) 100
Pacific Qas A Elec (Arlz) pf.100 Pacific Light Corporation.. 100
Preferred_________________ iooPacific Telep A Teleg______ 100
Preferred_________________ iooPaducah Tr A Light com__ 100
Preferred_______________-.100Paterson A Passaic Qas A El. 100 Pawtucket Qas preferred...100 Pennsylvania Lighting com . 100
Preferred_________________ iooPennsylvania Water A Pow. 100Pensacola Elec Co, com ____100
Preferred_________________ioo*■ w i/ia a iiOk VJTU3 oc JTiptJUKO._ JOPhlla Co (Pittsburgh)______ ao
5% non-cum preferred____so
Bid.
d 1555
.IOC 80%
.IOC
.100 ■ 6288%
.100 68ion 681 0 0 10%1 0 0 75.50 d 40.25 d 47%
82%100d x 50
100 94100 18
2060
Stocks. Par
114741%
*6o"
921258%86
"so140823670X
8070307577X
.100 34%-.25 d ] .........- 50 d 39. . 50 d 25- 50 d 32. 50 d .......... 50 d .........
95166089
'liT
1140
"65"935010
158070
l ie "0580
10015
100
95d ____d ____d ____dd 27 d .........
Federal St A Pleasant Val- 25 Pittsburgh A B’ham T r . . . 8 0 United Traction preferred 30
Phlla Electric (full paid)_____25Phlla Rap Tran Vot Tr Ctfs. 30
Citizens’ Passenger guar.. 50 Continen Pass Ry ($29 pd) 30 Falrm’t Pk A Haddlng’n . . 50 Frankf’d A Southwark Pass 30 Germantown Passenger.. 30 Green A Coates Sts ( $ 1 5 pd)50 HestonvlUe M A F c o m .. 30
Preferred_________ 5 0PhlJaCy Pass Ry($23 X pd)50 Ph A Gray s Fy ($23 pd) 80Philadelphia Traction____5 0Ridge Ave Pass ($28 paid) 502d A 3d Sts Ry guar______ 5 013th A 15th Sts Pass R y .. aoUnion Pass ($30 3-6 pd)__ 8 0 ______Union Traction ($17% p d ).30 d 3 3 XWest Phlla Pass guar____3 0 '
Pine Bluff Co pref_______ 1 0 0Plttsb A BIrm Trac— See PhllaPittsburgh OH A Qas......... .100Portland (Me) Qas Light____80Portland (Ore) Ry Lt A Pow—
New stock (78% p a id ) .. . 100Porto Rico Rys Ltd________ 100
Preferred ...........................1 0 0Providence Qas____________ aoPublic Service Corp of N J ..100
Camden A Sub ($5 p a id ).. 23 Consolidated Trac of N J.100Elizabeth A Trent com ___ 80
Preferred______________ . 8 0Rapid Transit St Ry C o .. 100 So Jersey Qas Elec A Trac 100
Public Service Co of Nor 111. 100Preferred____•____________ too
Puget Sound Tr Lt A P ow .. 100Preferred_______________ 1 0 0
luebec Ry Lt Heat A P ow .. 100 Railways Company General 10Rap Tran St Ry— See Pub ServReading Traction___________3 0
City Passenger R y_______ 3 0East Reading Electric R y. 80
Reading Transit A Lt, pref..8 0
80Cod 48*
d ____60
d ____402020
1509087 8
49J 2 8 X
Corp d 23 d 100 d 05 dn 80
Republic Ry A Lt com ____100Preferred________________ ioo
Richmond Light. A RR ___” ioo Roch Ry A Light 5% pref. . . 1 0 0
. 7% preferred_____________ 1 0 0I ■*08 Ey Lt Ht A Pow pref. 100
8 9 X ban Joaquin Light A P o w .. . 1 0 072 Preferred_________________ 1 0 073 Savannah Electric C o .” ! ” 10017 %| Preferred__________________ 1 0 079%i Scioto Valley Trac com ____100f ' , . Ylrst preferred...................... 10047% Preferred__________________1 0 085 Scranton Elec, pref_________ 10051% Shawlnlgan Water A Power. 100 98 Somerset (Jn A Middlesex LtlOO
South Calif Edison com ____100Preferred__________ 1 0 0
12 X South A Atlan Teleg (guar) 25 50 Southern New Eng T e le p .. . 1004- Southern Utilities com_____ 100
Preferred_________________ 1 0 075 So Jer Qas El A Tr— See Publl cServlc
Southwest Missouri R R ____100Spokane A Ini Emp-Cap stk 100
Preferred ctfs__________ 1 0 0Springfield (Mo.) Ry. A L. pref 80Springfield (0 .)L .H .A P.preflOO 8 0Spring Valley Water..............100 70%Standard Qas A Elec (D e l) ..50 d 27
Preferred........... .....................so d 40Superior Water, L A P com . 100 40
P referred ............................1 0 0 00Tampa Elec C o........... ...........1 0 0 105Tennessee Ry L A P c o m .. . 100 2
Preferred------_•.......................1 0 0 5%Terre Haute Ind A East____1 0 0 2
Preferred_________________ lOOl 9Terre Haute Tr A Lt p r e f . . . 100 79Third Ave Ry (N Y )................ 100 12%Tidewater Power pref__________ 80Toledo Bowling Green A So. 100Toledo Home Telephone____ 100Toledo Rys A Light C o_____ 100Toronto Railway___________ 100TrJ-CIty Ry A Light pref___100
Troy (N Y) Qas____________ 1 0 023d Street— See N Y Railways Twin City Rapid T ra n sit ... 1 0 0
Preferred................ 1 0 0Union Natural Qas_________1 0 0UnIonStRy(New Bed,Mass) 1 0 0Union Trac of Ind com _____ 1 0 0
First preferred___________ 100Second preferred_________ 1 0 0
United Elec of New Jersey_1 0 0United Electric 8 ecur p re f.. 100United Qas A Elec Corp____100
First preferred___________ 1 0 0Second preferred_________100
United Qas A Elec of N J pf.100United Qas Improvement___80United 111 Co of New Haven. 100United Light A Rys c o m ___100
First preferred___________ 1 0 0United Rys of St Lou—Com . 100
Preferred_____ ___________ 1 0 0United Rys A Elec(Balt) com 30 United Rys Investment C o. 100
Preferred_________________ 1 0 0United Trac A Elec (Prov) 100United U t il i t ie s . . . . .____. 4 0 0
Preferred--------------------------1 0 0Utah Securities Corp______ 1 0 0Virginia Ry A Power c o m .. 100
Preferred_________________iooWash Balt A A n n ap____ 8 0
Preferred______________ 80Washington (D C) Qas____ 20Wash-Idaho Wat L A P pf__ 100 Wash (D C) Ry A El c o m .. 100
P referred ..._____________ 1 0 0Wash-Vlrglnla Ry, pref_____100Washington Water Power ColOOWestern Ohio RR ctfs______ 100Western Power_____________ 100
Preferred_________________ 1 0 0Western Rys A Light p re f.. 100 Western States Qus A E le c .. 100
Preferred______________ ..1 0 0Western Union Telegraph.. 100 West’house Elec A M fg— See unWest Penn Power p ref.____100West Penn Rys preferred__ 100West Penn Tr A Wat P ow .. 100
Preferred_________________ IOOWinnipeg Electric R y______ 100Wisconsin Edison com m on.. 100 Wlsconsln-Mlnn L A P, pf.100York (Pa) Rys common____3 0
P re ferred ...______________ 80
|3%67
" 7 %13530
1444
"70”9960
" 7 2 "15
179075
116%7087%
103221021045
eCorp
937228426075
11036%5
16' 12%90
127100
8090
52% * 220
30 58
18%
11%26%24
58011
der
3545
" l? "53
"61"' 2 l "72401575861H9473
700
' 3 3 '"80
7%30
4474
1403295
273
Ioo"
52%23035 62
I X913%11%272515901248
" 2 6 ”3645%
‘ I s ’ "55
"67”"23”7660208287%9778100536%33888%
31
INDUSTRIAL AND MISCELLANEOUS SECURITIESnil 1 M ^ w nge? ent of our ? uotf tion lists wo classify under the designation “ Industrial and Miscellaneous Securities "
tee » n(i Safe' Depoat; Companies under separate heads, thou follow with the rest of the “ Industrial and Miscellaneous.“* v v / 1 I v c . — A 11 h o n / 1 n r l r * « • r n 1« * . . . . . . . . . .iOU T
B id .find (nc
A s k .ome and defaulted bonds.
Bonds. B id .
s 779898%9485%97%
8 8199%99958698%
American Ice Securities— American Ice Co— R E 1st A
gen s f 0s ’42 opt ’ 13 .-FAA Amer La France Fire Eng Inc—
Coll tr g 0s 1922 o p t . . .F A A Am Pipe A Fdy 6s 1 9 2 8 ...JAJ Am Sew Pipe— 1st a f 6s ’ 20MAH
9 7
10098
100/
INDUSTRIAL & MISCEL’ NE Acme White Lead A Color Wka- a l*t 0i July 1 9 2 0 to '28 op.JAJ A<lSn?B.E lp col tr g 4i ’48.MASCol tr g 4s 1947............. JADAdvanco-Rumely deb0s’25 MAF Ala Steel A Shlpbldg—See Tenn Alaska Gold MInes deb 6s ’ 25 M A S
Deb 6a 1920 Ser B .........MAS
Bid. A » k .
OUS B ONDS.96 9855% 56
1 4.8 5399 101
C I A RR.15% 2012% 15%
Bonds.Allied Packers, Inc—
Conv s f dob 6s 1939____JAJAm Agrlc Cher. 1st as 1928AAO
Conv g deb 5s 1924.. _.FAA American Can— deb 5s 1928 PAA Amer Cot Oil g 5s 1931 optMAN
5 Basis. This price includes accrued Interest, k Last sale, n Nominal.
A » k .
99105101
101%
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
Jan 1920 ] INDUSTRIAL AND MISCELLANEOUS SECURITIES’ NOTICE.— All bond prices are -a n d interest” except where marked and Incom e and defau lted bon ds.
45
Bonds.| \mer Smelt A Refining— „i 1st M as 1947.................A&Otmor Spirits Mfg g 0s 1920MAS
| kmer 8 8 of W Va 5s 1920MAN Vmer Steel Foundries—
Deb 4s 1923...................... FAAAmor Tobacco 6s g 1944— AAO
Ouaranty Trust ctfs of dep.4S g Aug 1 1981_________FAADlv ctfs Mar 1921 Ser A MAS Dlv ctfs Mar 1921 Ser B - - . - - D lvctfs Mar 1921 Ser C .M A S Dlv ctfs Mar 1921 Ser DDlv ctfs Mar 1921 SerB .........7% gold notes 1920— MAN 7% gold notes 1921— MAN 7% gold notes 1922— MAN 7% gold notes 1923— MAN
American Type Founders—Dob gold 0s 1920______ MANDeb gold Os 1937............MANDeb gold 0s 1939............MAN
American Writing Paper—S f 7-0s Jan 1 1939............JAJ
Anaconda Copper Mining—•0% gold bonus 1929 Ser A JAJ
Armour A Co.— Real eat 1st g4%S 1939 op ___________JADConvgdeb 0sJ’n e l8 ’ 2OJADl5Con v g deb 0s J’ ne 15'21J A D 15 Convgdeb0sJ’nel5 ’ 22JAD15 Convgdeb 0sJ’n e l5 ’23 JAD 15 Convgdeb 0sJ’n e l8 ’ 24 JAD 15
Lima Locomotive Corp—1st s f g 03 1932............... MAN
Lorlllard (P) Co g 7s 1 9 4 4 . AAOGold bonds 8s 1931-------- FAA
Mallory 88 1st a f 3s 1932..JAJ Maryland Steel 1st 5s 1922. FAA Mexican C A C 5s 1920 op . MAS Midvale Steel A Ordnance—
Conv s f 3s 1930..............MASMonon Coal—See Chic Ind A L
73% Monon Rlv Con CACOs'49 AAO Morris A Co 1st s f 4%s '3 9 .JAJ Mtge Bond 4s 8er 2 '06 o p .AAO
5s Ser 3 1932 op '22_____ JAJNat Conduit A Cable Inc—
1st M s f 0a 1927.............AAONat Enam A Stpg 3s '29 JAD Nat Starch dob 3s 1930 gu ..JA J National Tube 1st 3s 1932 MAN Natomaa Co of Cal—
Gen A ref 0s 1933--------- JAJNew Eng Nav— See N Y N H AN J Zluc 1st 4s 1920........... AAON VAlrBrakelst 0a’28couv MAN N Y Dock Co— 1st g 4a '81 FAA N Y A Hob F’y 8a May ’ 40 JAD
Hoboken Ferry 3a '4 0 ..MAN N Y A N J Ferry—5s '40. JAJ
N Y Shipbuilding Co—1st M s f 3s Nov 1 1940
Nlpe Bay Co 3s 1923 ___ MANO’Gara Coal8s83op aft’08.MAS Ogllvle Flour Mills 0a *32.JAD
Series B Ssriofl (j
Otis Elevator 8s '20 op '13 .AAO Pacific Coast C o—Q 3s '40 JAD Park A Tllford s f 0s '3 0 . .JAD Parsons (W Va) Pulp A Lumber
1st m g 0a '20 '24 opt MAN PeerlessTrk A Mot08’23 MAN 10 Penmana.Ltd — lst5s’20op MAN Peunsylv C A C 1st 5s '32 opJAJ Pennsylvania Steel —
PaAMd Steel con g 6a’25 MAS Spau-Amer Iron 0s 1927.JAJ
88RR of
11085 99 %
83 Ry p 34
9510SHJ85 %8594
80
90 % 93 Hi 9275 %
H RR 90 99 05 85 85 8573
102 %59
1307579
97
9999 %
100
Pierce Oil Corp.—Conv deb 0s 1924..............JAJ 104%
Guar Tr Co ctfs of dep------ - - - - ;PIttsb Brewing 0s Feb 4 '49-JAJ 75%Pitts Coal deb 5s July 1931MAS PIttsb Term Warehouse A Trans
1st ref g 3s Nov 1 1930..M A N Plttsburgh-Westmoreland Coal
lst 8 f g 58 1947 opt------MANPlttsA WestmC3s’28op.MAN
Pleasant Vail Coal 3s 1928.JAJ Pocahontas Consol’d Colllerles-
lst gold 5s 1957 opt------- JAJPowell R lv Co 0s ’ 21-’27.-JAJ Procter A Gamble Co—
1st M 0s 1921-1920.......... JAJRepublic Ir A Steel 8s ’40.AAOI Roch A Pitts CAI 3a 1940.MAN
1st a f g 4Ha 1932 op t .- .F A A Rocky Mtn Fuel 5s 1941..A A O Rogers-Brown Iron 3s '21-40JAJ St Clair Furnace 8s ’ 20-’39 FAA St Joseph Stk Yds 4% s '30JAJ St Lawrence Pulp A Lumber—
1st M 08 1920-1933.........FAASt Louis Brew Assn 0s 1939.JAJ St Louis Car Co 0s ’ 21-’ 23 MAN St L Nat Stock Yds 4s ’ 3 0 ..JAJ St L Rocky M t A P 3s’33 StpJAJ Securities Co N Y 4% cons MAS Sibley Mfg Co 1st 5s 1922..JAJ Sioux City Stk Yds 1st 8s’ 30 JAJ Sloss-Sheffleld Steel A Iron—
0% s f g notes 1929____FAASloss Iron A Steel 0s '20. PAA
Somerset Hotel Tr 4s 1921. JAD Standard Mill— 1st g 8s30MANSteel Co of Can. 0s 1940___JAJSun Cr Co col tr a f g 5s '44.JAJ Swift A Co 1st s f g 8s ’ 4 4 ..JAJ
0% gold notes 1921 F A A 18 H Symington conv 0s’2O JAJ
Temple Coal's, f . 8s 1924.JAJ Term C I A RR gen 5s '8 1 . .JAJ
Ala SteelAStalpbdg 0s’ 3O.JAJ Cahaba C M Co 1st 0s’ 22 JAD
Tenn Cop Co conv 0s '2 8 .M AN Texas Co deb 0s '31 op '13 . JAJ Union B A P 1st g 8s '30 op JAJ
Stam ped--------------------------Union Oil Co of California—
First lien s f 5s 1931 opt. JAJ2 Union Steel Co 1st 5s’52gu.JAD Un Transpor 1st 3s 1 9 2 3 ..PAA Union Typewriter— See Remln Unit Fruit— Deb 4%s 1923.JAJ
D ebg 4%s 1923 s f ........... JAJUnited Lead deb 3s 1943..JAJ U 8 Env 1st 8s ’20-’34op’ 19JAD U S Finishing—
Con gold 8s 1929 ..______ JAJU S Light A n eat
1st s f 0s 1935 ................JADU S Mtg A Tr—
4s Ser I to N 1920-1922..Var U S Realty A Imp 5s g '24 opJA J U S Rubber—
7% notes Doc 1 1923____JAD1st A ref 5s 1947 Ser A ..JA J
U S Smelt Refg A Mining—-- Conv 0% notes 1920____FAA89% United 8tatea Steel Corp—
NJ p 3.1 Col tr a f 5a Apr ’51 op ’ l l . Var 110% Col tr s f 5sApr’81 not op.Var 85% Col s f 2d 3a Apr’03op’ 13MAN 99% Utah Fuel— 8eeD envA RIoGr,
Wilson A Co 1st 6s 1941.AAO70% Conv s f g 0s 1928______ JAD
E X C H A N G E SEATS.ATo. L a s t S a l t
N Y Stock Excb _ 1,100 J101,000 70 N Y Con Stk E x. 480 3,500
N Y Produce Ex. 1,800 4,150N Y Cotton E x .. 430 25,500N Y Coff A Sug Ex 323 8.000
_ Baltimore Stk Ex 87 5,00075 Boston Stock E x. 150 17,000
Chic Bd of T rade.1,010 11,000Chicago Stk Exeh 250 8,500Cincinnati Stk Ex 38 4,000Cleveland Stk Ex 33 3,600Louisville Stk Ex. 29 3,500MlnneapCh ofCom 573 7,100Montreal Stk Ex. 07 30,000New Orl Cot Ex. 500 15,000Phlla Stock Exch 221 4,200PIttsb Stock E x .. 120 5,5009t Louis Stk E x .. 50 1,000(SanF)StkABdEx 40 25,000Wash’ ton Stk Ex. 40 500
45 6099 1 0 082% 82%54 5791 9395 100
0 %100 102
81% 83%94% 95%98%
9008 7299 10089 9295 10035 40908590% 97%78
1!•*100
90 9893% 9495% 100
o% % 000 02%04 0099%
95.........
82 8595 9 7
8297 76%80
-------- !100101102103"90*
98 94% 88 88 60 88
6582%9075690094 88
93%*929295
593%99%
10089%999993%
101%84
94%103%90
gton T 100 10078928570
73%102%88%
10598
A s k .
104%
99
86
84
100%101%102%103%
10095%
60100
83"98*""77—03909294%
92%981594%99%
93%
94%103
88
93%104
ypewrll
83
7497%
03%10310010014081%
998990
100 J. 1001
9034.
58
97%
94%99%80
959395999890%
*9997%94%
2,0004.000
25,0007.000
10*,u6u
14,000
5.0001.000
500
89
70%10388%
106
10110190%
625094%
10088%98
*99*"10110096%
100%
3,8004,200
25,5007,500
18*00011,0009,000
15,0004,2006,0001,500Y.ooo
6 Basis. /T h is price includes accrued Interest. * Last sale, n Nominal. • Sale orlce
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
46 INDUSTRIAL AND MISCELLANEOUS SECURITIES [Vol. no.Stocks. P a r
T E X T I L E MFQ.S T O C K S .
North. Mills. P a r . Acadia M AcuhsnetMUl(NB)a Am Llnen(Fall R) a American M fg 100
Preferred____100Amoskeag Mfg (vol
untary assn), (t)Preferred____(t)
Androscog M (M e)o AppletonCo(Mass)a Arkwright M (FR)a ArlingtonM(Mass)a Barnard M fg(FR) Bates Mfg (M e).. Beacon Mfg (NB) _
Preferred____100Berkshire Cot Mfg
Adams, Mass.. Blgel-HartfCarp’t
Preferred____100BoottMllls(Mass’' Border CM fg(FR) Boston Mfg(Mass) Bos Duck (Mass). BournoM Ills (F'R) Bristol Mfg (N B) Butler Mill (N B ).
Preferred____100Chaco Mills (F R) a Charlton Mills. 100 Chicopee Mfg (pf) C ityM fgC ’rp(NB) ContinT M (Me). Cornell Mllls(FR) Dartmouth Mfg
Corp (N B )..100Preferred____100
Davis Mills (F R ). Davol Mills (F R ).o Draper Corp___i00 DwightMfg(Mass) e Edwards M fg(M e)o Esm ondM (RI),pf a Everett M (Mass) a Falrh Mills com 100
.Preferred____100FarrAlpaca (Mass) a Flint Mills (F R ).a Franklin Co (M e).a GosnoldM (N B )..a
Preferred_______Granite Mllls(FR)o Gt Falls M fg(NH)o Grlnnell Mfg(NB)a HamlltMfg (Mass) a Hamilt W (Mass) a Hargraves M (FR) o Harmony Mills pf o Hill Mfg Co (M o).a Holmes Mfg (N B)o
Preferred_____aInter Cot M ____50
Preferred.. 100 Kllburn M (N B ).o
B id .
P er120157*13118087
1428 1 *
A s k .
sh a re125
360 225
: 145 100 300 105 100
21210597
90
k 2 2 5 *
150
160175165115200200
110.100 100 160 105
k 280195
210
200
225290
k 99 *k 115
200 220160141* 143*
1360 1400k 121*k 95
185147*
98
Stocks.
Preferred___IUtica Steam A
Amer Spinning
Chesnee M .
Dallas Mfg (Ala) Darl’g ’n Mfg(SC) Eagle A Phenlx
Mills (G a ).._Expos’n C M (Ga) Gaffney Mfg (SC) Granitev Mfg(SC' Greenw’d CM(SC:
220245
1371492)4
k 200
210147)4120
11326011866
250210143150170
155180166230145200
115
6097
225172)4
206
KingPhilipM (FR)a Lancas’rM (Mass) a Laurel Lake (FR).a Lawrence Mfg (M) a Lincoln Mfg (Fit).a Lockwood Co(Me)a LowellBleach (M ).o Luther Mfg (FR ).a Lyman Mills (M ).a Manomet M (NB)aMass Cot Mills__ aMechanlcs’M (FR)a Merch M fg(FR)a Merrimack Mfg
(M ass)______looPreferred____100
Middlesex Co(M ).a M t V-Wood Mills
(Balt) v t r ..lC 0 Preferred v t rlOO
Narragan ett Mills(F R )-----------1 0 0
Nashawena M . 100 N ashuaM (N H )..o Naumkeag (Mass)
Steam Cot C o ..a Newmarket Mfg
Co (N II)__ 100NonquittSp(N B).o Osborn Milla(FR).a Pac Mills (Mass).a Page Mfg (N B)__a Parker MiHs(Fll).a Pepperell M fg(Me) a Pierce M fg (N B )..a Pocasset M fg(FR)o Ponemah M (Prov)o
Preferred______ aPotomska M (NB) a Rich Borden Mfg
Co (F R )____100Sagamore M f
(F It)----------- 100 380Salmon Falls Mfg
C o (N H )------100 115Seaconnet M (FR ) a 140 Sharp Mfg(N B ) . .o 140
Shawmut Cot Mills (F R) c o m .. . 1 0 0 125Preferred____100 100
ShoveMllls(FR) 1 0 0 150Skenandoah Cot
Co (Utica) . . . 1 0 0 142 Soule Mill (N B)_a 180Stafford M (F R ).a ____Stevens M fg(F R ).a 135 Taber Mill (N B)_a 150 TecumsehM (F R)o 250Thorndike (Mass) 0 ____Tremont A Suffolkfc.M (Mass).........a ____
r-3
170 k 211
125 130
k 97 115
95 >4 280 260
(SC)
Mills Mfg ( Monarch (
Pacolet Mfg Pelzer MfgCo(SC)
dmontMfg(SC) lllJpsButtorffM
Poe, FW, Mfg (SC) Roanoke M (N C) Saxon Mills_____
180 204
k 110 157
145
Union-Buffalo M
Warren Mfg (SC)
Webb Mfg Whitney A
Woodruff M ____I.Canadian Mills.
11782^607098 *
18015016515021038014010090
187)4
195
k 300 212
k 187
175132215
195
15
150168
Preferred______ aMontreal Cottons.a
Preferred______ oPenmans, Ltd____ a
Preferred______ a
IN S U R A N C E S T O C K S .
Albany. P a r . Albany InsC o.. 50 CommercelnsCo 25
aar. Bid. As*.Pe
jl ’nsh a re .
500 700, ) .a 250 2 5 2100 110 115100 95 100H. a 150 Is
1600 0 ____ 165
3)a 1 5 7 y l)a 155) a 230.a 190
s. Pe sh a re .,) a 200O. 300 _____a 190 201
)a 310 350.a 50
_____.a 300
_____a 200
.........205
)a 150 ......... ]300 325 I
.a 300 325 I)a 200 _____ r)a 350 _____ ?. a 200 _____ j.a ISO 185 I.a 200
9T
a 100 _____\a 255a 250 205a 140 ____ Aa 250 Ifa 200 _____I
......... Ia 115 122 La 300 _____Pa 100 _____Pa 250 ___ Ita 90 1 0 0 ua 243 251a 175 i n ' aa 250 - . . Ba 400 500 Ca 300 325 Ga 3S0 385 Ga 350 _____Ha 350 _____Na 150 155 PI3 325 ......... Si3 -------- .........T(300 __ ua 82 100 Uj 310 ......... w
350125 128 Pr295 300106 108100 _____VI95
! ‘ so*- 2 0 0
‘ 7 5 " St350 375102 _____ FI250 _ Hr
Vu6 9 * 7095 _____ Ar
8 2 * Co121* 123 Fir . . . - Ge103
84 85 Na104110 112 MA
92U?
Stocks.
Minneapolis.Nor’westFA M 1 0 0
Newark.A m erican________5Firemen’s ____ 5 0Newark Fire_____ 5Prudential L ife ..50
(St Louis)____10G ran ite ...................Greene-Cananoa 1 0 0 Hancock C o n s ..25 Hoi linger M ines.. 5 Homestako Min 1 0 0 Horn Silver M ._ Inspiration Consr Copper......... ..2 0Isabel
B id .
" F e~3c.
15c.26
9)40 *1 *3 *
50
a 809385
25
20
MINING S T O C K SA cacia__________ 1Adventure Cons. 25Ahmeek________ 25Alaska Gold M . . 1 0 Alaska Juneau
Gold M ining.. 1 0Algomah_______ 25A llou ez________ 25AinGoldM (StL) 1 0 Amer Zinc Lead A
Sm elting_____25Preferred......... 25
Anaconda Cop . . 5 0 Arizona Com’clal.5Arnold_________ 25Batopilas M in . . 2 0 Bingham Mines. 1 0 Bonanza DevCo 1 0 ButteCop A Z vtc.5Butte A Sup____1 0Calumet A Arlz 1 0 Calumet A Hocla 25 Canada Copper. 5 Centennial . . . 25 Centre Cr’kM in . 1 0 Cerro do PasCo(t)Chili Copper. . . . 2 5 Chino C opper.. 5 Consol Interstate—
Callahan_____1 0Con Min ASmol 1 0 0 Cop Range Con 1 0 0Cresson Con G __ 1Cripple C ’k Cons 1Crown Reserve__ lDaly-W est......... 2 0D a n te___________ 1Davls-Daly Cop . 1 0 Doctor Jackpot. 1
_______ Dome Minas_____ 1 0
s Sale6 ce,'u ’ value *300. 0 Par value *1,000. h Par valueP e. < New stock. * Ex-dlvldend. u Ex-rtghts. « Ex-stock dividend.
4 7 * 2 *
* 45c* 3
T f '
1 3 *
Kennecott C op .(t)Kerr Lake______ 5Lake C opper.. 1 25 La Rose Cons M . . 5 La Salle Copper. 25 Mary McKinney 1 Mason Val MlnesSMass Cons___ 25MayflowerO!dCol25 Miami C opper.. 5M ich igan ______ 25M ohaw k______ 25Nevada Cons Cop 5 New Idria Quicks. 5 New River C o. 100
Preferred . . . 1 0 0 Nlpisslng Mines. . 5North Hutto_.15North Lake_____25Ohio Copper------1 0Old Dominion. .25 Ontario Sil Min 1 0 0O sceola________ 25Pltts-Jor C o p II I .i PH A MtShastaCop Pond Creek Coal. 1 0Portland______ 1Quincy ------------- 25Ray Cons C o p .. 1 0Ross M A M ___St Joseph Lead . 1 0 Santa Fo(GACop ) 1 0San T oy______ __ 1Seneca Cop Corp (f )Shannon________10Shattuck ArlzCoplO Superior A Bost. 1 0Superior_______ 25Tennessee Coppor
A Chern tem p.(f) Tonopah Belmont 1 Tonopah (N ey)._ l Tonopah Ext Min 1Trinity ................25UnlteuOold Mines 1 Un Verde E xt..50cUtah Cons_______ 5Utah Coppor C o. 1 0Victoria_________25V ind icator______ 1W inona_________25Wolverino______ 25 xWyandot ______ 25Yukon Gold_____ 5
REALESTATBTR & LAND STOCKS Vlbany Tr (Bost).f Alliance R ealty ..! Barristers’ Hall Tr
(B o s to n )_____ lBedford Tr (Dost).I Berkoloy (fotlTr(B)f
10c.
5 1 *
45c.‘ 56
5)4' 7 1 '
60* 4 3 *803 5 *
4
3 *
“ 2 *n l27H64 15 7
12*1 7 *70c24c
3 5 *
„ ! *25 5026
‘ o i2 1 *
'1 4 )45c.
1 5 *
•is5
1 0 *1818
A sh .
s h a re .3 * o .
18c.1128
IMi4
lie .5350c.
376
74
6 0 *
418 *
7 0 *
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Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
Jan., 1920 ] INDUSTRIAL AND MISCELLANEOUS SECURITIES 47
Stocks. P a r . B id .
Old South Big As.I Oliver Bid Tr (B ).l Paddock Bid Tr(B)l Pem’tonBldTr (B)l Post Of Su Tr (B) .1 Pray Bid a Tr (Bos) l R E Assoc (B os)-.i Realty Associates of
B rook lyn ........... ISom’set II Tr (B ).l South St Tr (Bos).I South Terra Tr (B )l State St Ex (Bos) .1 Suffolk R E Tr(B)A
r - (B).*
80
115
305000
30040
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Trust certfs — l Trem’ t Bid Tr (B) l Trlmtn Tr (Bos) - 1 University Assocl
ates (C am br). I Western R E Tr . ( a 115 WlnthropBldTr(B)!TITLE GUARAN
TEE & SAFE DEPOSIT STOCKS P er
Amer Surety------50 78Bond A M GuarlOO 230 Chicago T A Tr.100 215CltySlHAlbN Y) 100 160Columbia Title
(Washington) - .5 dx \ 'A Fidelity AD (Md)50 d 127 IstMg Qu N Y . 100 K C (M o) Casual Kentucky Title Co
Preferred____100Lawyers’ M C o. 100 Loulsvllllo Titlo.100 Maryland CasCo25 Mortgage Bond. 100 Nat Surety C o . 100 NY TltleAM tg. 100 RE Tins (Wash) 100 Tit InsAGu(SanFr) TltloGuTr(StL) 100 U S Casualty-.100 USFidelAGu(M) 50 USTGuAIndem 100 Westch A Bronx Tit
A Mtg Guar. 100! INDUSTRIAL & MISCELLANEOU S
Adams Express. 100 Advanco-Rumoly—
Com............... 100P re f................ 100
Aeollan-Webor—Plano A Plan. 100 Preferred — 100
Aetna Explosives New stk (no par) Preferred — 100
Ajax Rubber— 50 d 84 Alabama C o . . 100
1st pref------- 1002nd pref------100
Albany Com . .100 Albany (N Y) Safe
DepAStorago 100
7 'A
100 124 122
d 100 02
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Am Locomotive 100P referred__ 100
Am Mch A Fdy 100 Am Malt A Grain (t) Amer Plano— 100
P referred__ 100Am PneugServ--50
First pref------50 dP referred ------50 d
Am Press Assn. 100 Am Radiator. .100
P referred___100Am Rolling Mill 25
Preferred — 100 7% deb pref. 100
American Screw 100 Am Seed M ach. 100
P referred__ 100Am Shipbldg..l00
Preferred — 100 Amer Ship A Com
merce (no p a r ).. Amer Smelt Sec
P fSerA stpd.100 Am SmeltAItefglOO
P referred___100Am Snuff com . 100
P referred___100Am St F’drles 33 1-3
Preferred____100American Stores (t) Am Sugar Refg.100
P referred___100Am Sumat Tob.100
P referred___100Am Thread p re f ..5 Am Tobacco— 100
P referred__ 100Am Type Foun.100
P referred__ 100
P er101104 M 110445581
130
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84}$8374
Allied Packers, . ( t )Allis Chalmers Mfg
Com ............. 100 50}$Pref ............. 100 00
Am Agrl Chem.100 91Preferred __ 100 05}$
Am Bank N ote.50 d 45P referred____50 d 44}$
Am Beet Sugar. 100 03}$P referred ___100 90
American Book. 100 105Am Bosch Magn(t) d 123 Am BrakeShAF 100 80}$
P referred___100 172American Brass 100 225American Can. 100 54}$
P referred ___100 99}$Am Car A Filry 100 140}$
Preferred .. .1 0 0 115}$Am Caram el.. 100 10}$
Preferred .. .1 0 0 07}$Am Chicle------100 88
Preferred .. .1 0 0 80Am Cigar_____100 120
Preferred — 100 80Am Coal of N .1.25 d --------Am Cotton 011.100 50
P referred ___100 84AinCreditlndemlOO 270 Am Cyanamld. 100 20
P referred ___100 55Amer Drug Synd 10 d 12Am Exprass__ 100 95}$AmFrultProd pflOO 2}$ American Glue. 100 305
P referred ___100 141Am Hardware. 100 147Am HideALeathlOO 28}$
Preferred . . .1 0 0 110}Amer H osiery..25 d 95Am Ice C o------100 46
P referred__ 100 07}$Amer Intern Corp
Full paid____100 116}$Am-La Franco
Fire Eng Inc. 100 120P referred___100 n 88Now stock____10 d 12}$
35}$ Preferred_____ 100101 Hawaiian Cora170 A Sugar............. 25
Helme (GW) ColOO 40 Preferred_____ 100
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a Purchaser also pays accrued lnt. d Price per share, not Per c®nt l Par value $100. n Nominal. 0 Price p er cen t of par value. * Sale price f Without par value.
7 Pur value S >0(T. h Par value $1,0U0. » Par value $10. k Last sale. 1 I New stock, u Ex-stock dividend. * Ex dividend, y Ex-rlghts.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
48 INDUSTRIAL AND MISCELLANEOUS SECURITIES [Vol. 110.Stocks. P a r .
Hendee M fg___100Preferred____100
Hercules Powder 100Preferred____100
Herr-H-MarSaf e 100 Hevwood Bros A
Wakefield Co 100Preferred____100
Hock Val Prod. 100Holly Sug C o__ (f)
Preferred____100Holyoke W atPo. 100 Hooven Owens A
Rentschler pf 100 HoustonOll ctfs 100
Preferred ctfs 100Dlv obllg__ FAA
Hutch Sug Pltn.25 Hydraulic Pr BrlOO
Preferred____100Illinois Brick__ 100Illinois Pipe L . . 100 Imperial Tob of
Canada com ___Indepen Brew’g.50
Preferred_____ 50Indiana Pipe L ..5 0 Indian Ref com 100
Preferred____100Ingersoll-Rand 1 0 0
Preferred____100Inland S tee l... 100 Intercont Rub .100 Int Agr Cor com 100
Preferred____100Intern Banking. 100 Inter Button Hole
Sew Machine. 10 Int Educational
Publish’g com . 50Preferred_____ 50
Int Harv (new). 100 Pref (n e w )...100
Inter Merc MarineCommon____ 100Preferred____100
Inter Nickel____25Preferred____100
Inter Paper____100Preferred____100Pref stamped___
Internet Petrol..£1Inter Salt______ 100Inter Silver____100
Preferred____100Int Text Book. .100 Iron Prod C orp.(t) Iron Steambt Co. 10 Isl’d Oil & Trans 10 JRMontgomery 100Jewel Tea.........100
Preferred____100Johnson Tin Foil
A Metal_____100Johns-Pratt C o. 100 Jones Bros Tea. 100 K C Stk Yds of Me
Comm on____ 100Preferred____100
Kayser(Jul)ACol00 1st preferred. 100
Kelly-SprlngfleldTire com _____258% preferred. 100| 6% cum pref. 100
Kelsey Wheel. .100Preferred____100
Kentucky W ag. 100 Keyst Tire A It. 10'd Keyst Watch C ’elOO Kirby Lumber. 100
Preferred____100Kolb Bakery p f. _ 10 Kresge (S S) Co—
New stock ...1 00Preferred____100
Kress (SH)& ColOOPreferred____100
La Belle IrWks.100Preferred____100
Lackawanna St. 100 Lake Sup Corp.100 Lake Torp B oat-10 Lake of the Woods
Milling______ 100Preferred____100
Landers, FraryA Clark______ 25R ights_________
Lanst Monotype 100 Laurentlde Co . 100 Lee Rub A Tire (+) Lehigh Coal A
N avigation__ 50Lehigh Val Coal
Sales_________ 50Leh A Wilkes
Barre Coal____50Libby, McNeil A
Libby............... ioLiberty M ills .. 100 Library Buroau. 100
Preferred____100UgAM yorsTob. 100
Preferred____100Lima Locom__ 100
Preferred____100Lindsay Light__ 10
Preferred_____ 10Lit Brothers____10Loft Inc......... _ .( f )Loose-WllesBIs. loo
1st pref_____1002d pref........... 100
Lord A Taylor. 1001st pref_____1002d pref........... 100
Common__ 1001st pref------- 1001st pf ser S ..1002d pref_____ 1 0 0
Reo Motor Car. 10 Replogle S tee l..(f) Repub I A Steel. 100
Preferred__ 100Rights__ ..........
Repub Motor Tr(t) Reynolds (R J)
Tobacco____ 100B Com_____100Preferred__ 100
Rome BrassAClOO
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70 Royal DutchCoNY 89 X Saco-Lowell C o. 100
120 P referred____100115 Safety CarHALlOO 160 St L Cot Comp. 100 109)4 St L Rocky Mt A-------- Pacific C o___ 10080 P referred____100
105 SantaCeclliaSug 10010 P referred ____10087 Sapulpa R e fg ... 5
102 Savage A rm s.. 1008 ) 4 Saxon Mot Cor. 100
15 Scovill M f g . . . 10082)4 Sears, Roebuck
110 A Co com ___ 100359 P referred____ 1 0 01 2 8 Secur Corp Gen. 1 0 0 150 P referred____ 10036 Shell Transp A T r£2 d 79
Shredded WhoatCo.C o m m o n ___ 100 a 141P referred___100 8 8 ) 4
--------Silversmiths Co 100 50274 P referred ____100 70
Sinclair Cons Oil(t) d 4 3 X3 X Singer M fg------100 170
......... Singer Mfg L td ..£1 d 2)4--------Sloss-Sheff SAI . 1 0 0 73)4114 P referred ____100 9048 Smyth Mfg C o. 100 17061 Solar Refining. 100 36050 Southern Pipe L100 154
175 South Penn 011.100 325 350 SoPortoRlcoSuglOO 236111 Preferred ___100 112100 S’west Pa P L.100 95--------Spicer M fg Co 100 10055 1st pref_______ 100 107
4)4 Stand Coupler. 100 1 5105 P referred___ 100 7572 Stand Milling. 100 139
-------- R ights....... ..........d ______280 P referred_____100 85105)4 Stand Oil (Cal). 100 314
$ 32 Stand Oil (Ind ) . 1 0 0 720 372 Stand Oil (Kan) 100 630
9)4 Stand Oil (K y ). 1 0 0 460 95 I Stand Oil (Neb) 100 530
140 Stand Oil of NJ100 724--------1 Preferred____ 100 114)438)4 Stand Oil ofNYlOO 443 65 Stand Oil (Ohio) 1 0 0 540
100 Standard Sanitary50 Mfg com --------100 180
100 P referred___100 10060 Standard Screw 100 x 335 79)4 Preferred A . 100 10837 X Stanley Rule A
-------- Level (N Brit) 100 44026)4 Stanley Works 25 d 120
Steel Co of Can. 100 86 )4Preferred . . . 1 0 0 100
Steel A Tube p f. 100 n 95 104)4 Stern Bros pref. 100 1091 0 0 X Stetson (J B)._100 ___200 P referred___ 100 _45 Stewart-Warner 47 Speedoin new (t) d 38)429 Stromborg-Calrs 25 d 32 74)4 Stromberg Carb(t) d 6 8 ) 4 33)4 StudebakerCorp100 109
......... P referred___100 10069 Stutz Motor Car(t) d 114 60 Submarine Boat (t) d 13)4
105 Superior Steel. 1 0 0 4 7 1 4250 First pref_____ 100 101)4
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Swan A F inch .. 100 Swift A C o ...1 00 Swift Internat..l5 TexasCoinpany 100 TexP’cCoalAOil- 1 0 Thomas Iron ...5 0 Tide Water Oil. 100 Tobacco P r o d ..100
P referred___100Torrington C o . .25
P referred____25Transcontl O Il..(t) Transue A Williams
Steel Forg__ (flTrenton P o tt .. 100
P referred ___100Triangle F ilm ... 5 Underw Typew. 100
P referred ___100Un BAP Corp.100 Union Carbide
A Carbon.no par Union Ferry (NY
A Brooklyn). 100| Union Oil. (no par) Union Tank CarlOO Un Stock Yds
So Om aha.. 100 United Alloy Steel t Untd Clg Stores
of Am c o m .. 100P referred___1 0 0
United D ru g .. 1001st pref______ 502d prof.........100
Uni ted Dy ewood 100P referred___100
United Fru it.. 100 Untd PaperB’d . 100
P referred ___100Untd Ret Stors. (t) UntdShMachCor 25
P referred____25U S Bob A Shut 100
P referred___100USCastIPAFdy 100
P referred ___100U S Envelope.. 100
P referred ___100U S Expreas__ 100U S Finishing.. 100
P referred__ 100U S Food P rod .100U S Glass_____100U S Ind Alcohol 100
P referred__ 100U S Play Card. 100 U S Print A Litho
com m on ____1001st pref_____1002nd pref____100
U S Realty A ImlOOU S Rubber__ 100
1st preferred. 100 USSmRefAMIn 50
P referred ___50U S Steel Corp.100
Preferred .. .1 0 0 Vacuum O i l . . . 100 Vanadium Steel, (f) Vandalia C oa l..l0 0
Preferred .. .1 0 0 Victor Talk M .100 Va-Caro Chem.100
P referred__ 100Va Iron.C A C.100 Vulcan Detiu._100
Preferred .. .1 0 0 Waltham Watch 100
P referred___100Warwick I A St. 10 Washburn Wire 100
P referred__ 100Washington 011.10 Wash Market. .50 Way land Oil A G . 5 WellsFargoACo 100 Welsb’chCo com 100 WestingAlrBr’ko 50 West’house, Church
Kerr A C o . . 100P referred__ 100
West’hse El AMf.501st pref______ 50 d
Westmor’d Coni.50 d W Va PulpAPaplOO Weyin-Brut Co. 100
P referred__ 100Wheeling Mold A
Fdy now co m .. New preferred-.
Wheeling St A 1100White M otor__ 50 „Wlllys-Ovorland '25 <j
New p r o f . . . 100 WilsonACo vtc.100
P referred__ 100Winchester Co
Com m on____1001st preferred . 100 2d preferred. 1 0 0
Woods M fg . . . 100 Woodward Iron. 100
Preferred ______Woolw’th(F W ). 1 0 0
P referred___100World Film........... 5 dWorthington Pump
A Mach v t c.100 Pref A v t C..100 Pref B v t C..100
Yale A Towne.100 Young (J S) Co. 100
P referred___100Youngstown Sheet
A Tube____100P referred ___100
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Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
49
UNITED STATES AND MUNICIPAL BONDSIn Stato and municipal bonds the custom has always been to quote them, “ and interest.” That is the accrued Interest
must In all oases bo added on. There are a very few instances which form exceptions to the rule— that is, where the prloes given are flat prices, the accrued interest having been taken into account in making them. These are indicated by a special nark, thus (/) .
The figures In the column “to net” indicate the basis on which the securities sell or the Interest rate which the securities *f held to maturity will net to tho purchaser at the present market price.
Bonds
UNITED STATES—Se23 Pan Can Nov 1038..Q-F 3b Conversions 1946-47. .Q-J3s Treasury notes______ A-JInstrumentalities of U S Gov
Fed F’m I, 4Ms ’37 .MAN Fed F’m Loan 5s '38. MAN Fed F’m L bonds Issued by
First Jt Stk Ld Bk, Chic5s 1037 .............MAN
Liberty Jt Stk Land Bk Sallna, K, 6 s ’38MAN
IJ. S. Possessions— See Fore A L A B A M A
is renewal Cl C 1050— JAJ is Currency fund 1020.JAJ it A s renewal Jan 1950.-JAJ Birmingham 0s ref ’ 23.FAA
5M? March 1 1927 . . . MAS 5s Iinprov Sep 15 '21 MAS6 s School 1924_______ JAJ6 s Sewer 1938_______ JAJ6 s Fund Sep 30 ’41MAS 30
Jefferson Co— 0s 1921.. A AO5s July 15 1920______ JAJ5s 1949 _________ _______4 Ms July 1 1931____ JAJ4Ms Hospital 1903...JA J
MoDllo— 5s Sewer 1942MAN5s School 1943______JAD5s Dock Nov 1 1947.MAN 6 s Refunding 1949— MAS 4Hs Refunding 1937.AAO 4 Ms Water A Sew ’39. JAJ
Mobile Co 5s ref 1928..MAS6 s Refunding 1931__ JAD5s Road Feb 1032__ FAA6 a Nov 1 1947........ MAN4s C II A Jail 1920...JA J
Montgomery— fls 1924.. JAJ6 s Street Pav 1923__ JAJ6s Funding 1940_____JAJ4M 8 Water 1928____AAO4 Ms Sell WWASew’44JAJ
ARIZONA4 Ms ref Apr '38 op ’ 28 JAJ15 Maricopa County 8 D No ‘
6 s March 1933______ MarPhoenix 4Hs 1950 op ’30JAJ
6 8 School March 1933 6 s Jan 1 1954 opt 1934JAJ 6 8 W W 1921-1950...JAJ
Prescott— 5s 1948______ JAJTucson— 5s Water 1950.JAJ
4M sW W M arl0’38 MAS10 ARKANSAS
Ft Smith— 5s 1020____AAO5a W W 1920-1920.. MAN
8 t Francis Levee Dlst—0s Oct 1 1943 opt ’33.JAJ0s 1947 opt 1937.........JAJOH* 1945-1904...........JAJ6 Ms 1950-1909......... .JAJ6 b 1049 opt 1929.........JAJ
CALIFORNIA 4M8Unlvbldg.Jan5’ 21-65JAJ 4Ms lllghw 1030-41..JAJ 3 4sllarb Imp 1985 op’50.JAJ is lllghw July 3 ’ 20-’ fll.JAJ 6 Alameda—4s ’20 to ’41.JAD .
5s School 1921-1955..JAJ . LosAng— 4 M8 '20 t o ’35 JAJ .
4M sOR Dec31 ’ 2 0 -3 7 . J AI >, _ 4Ms llarb Imp ’20-’51JAD 4 'A a El plant ’20-’51.JAD 4Ms Aug 1 1023-42. . FAA 4s W ann 1920 to ’45 MAN48 g 1920 to 1930.........JAJ3Hs Water '20 to ’41.AAO 4 Ms Sch 1920 to ’44. JAD
Los Ang Co 4M8’20-’49 FAA Oakland—5 Ms ’ 20-’43.I*’AA
4 Ms Mun Imp ’ 20-’43FAA 4MsJan 15 1020-47.. JAJ 4 MsSch AcJ no '20-’51. J A D
Oakland S D 4s ’20-’44.JAJ Orange Co 5s 1920-45..MAS Pasadena— is Jan’21-’42JAJ
4Ai B Wat I’I’t '20-'30_AAO Pasad S D 4M8 ’20-’22 Sep 15 Redlands— 5s 1922-51. _JAJ Riverside 5s 1920-53...JAD Riverside Co 5s ’25-’54 MAN Sacramento 4s Jan’21-’45 opt
4 A * Hew A Dr ”27-’34 JAJ Sacram’to Co 4M8’20-46JAD SanDlego 5s W W ’20-’54AAO
4 A ,a 1920-1941______JAJ4Ms Wh A liar ’ 21-’52JAJ
SanFranclsco 6sg ’20-’55 JAJ 6 8 Munlc 1920-1900..JAJ6 8 1920-1939 ...........MAN4 A * April 1022.........AAO3>jsgJnly 1 '20 ’4 4 ..JAJ
BondsSanJoaqulnCo 5s ’ 20-’49 JAJ San Mateo Co 5s ’20-’42.JAJ Santa Barbara— 5s gold Sch
1920 to 1941______ Jan 104 A s gold Aug 1943..FA A
Stockton S D 5s ’20-’2l.JA J CANADA— S e e pa ge 50
COLORADO4s 1922 opt 1912______MASBoulder 5s Sept 1 1926. MAS Canon C ’y 5s ’31 op ’21MAN Colo Spgs 4s '29 op ’ 14. MAS
4s Ref Water Mar 1 1941. Delta Co 5s ref’30op ’20 JAD Denver—
5s Aug 15 1 9 2 8 ...FAA 15 Denver (City and County)—
4 Ms Water Nov ’48-MAN Garfield County—
5s refdg May 1933 opt ’ 23. Grand Jet 5s ’ 26 opt ’ 21.JAJ Lake Co 4sNov’21op’ llAAO Las Animas Co 4 A s ’ 31.JAJ Ouray Co— 4s'21 o p ’ l l FAA Pueblo 6 s Sept 1 1921. MAS PuebloCo4Msref’31op 21 JAJ Pueblo Co S D No 20 4 A s
1932.......... MASTrinidad 5s '32 opt ’ 22. AAO
CONNECTICUT•3A s Apr 1934..............AAO♦4s July 1936___________JAJ
4.85 Bridgeport—4.85 4 A s Bridge 1920-65.-JAJ4.85 4MsHgh Sell’ 21-’63..JAJ
*4 A s Sewer 1922-46. AAO 3M8 Improvt 1920-41.JAJ ♦5s Constr’n ’24-’48.JAD
Bristol 4 Ms Water 1939.JAJ Danbury 4s Water 1946.JAJ
3 A s Funding Oct ’41 AAO4.90 East Hartford—4.90 *4Ms School ’ 27-’46 MAN4.90 East Hartford Fire District4.90 4s Water Juno 1933..JAD4.90 Hartford—5 II 3Ms ConnRlvBdge’55 JAJ
4s Water June ’30-’39 JAD . . . *4s Water 1940-45..JAD
I 4M 8 Munlc Bldg ’ 33MAN 4 % *4 A s Permlmp’ 20-27JAD
4.90 Hartford School Districts—4.90 *4M8 Arsenal ’ 20-’47 MAS4.90 *4Ms Northeast 1959 JAD4.90 4M8 Northwest 1945 MAS4 A ^4Ms 2d North 1944..JAJ4 A 3 ^ 9 South S ep t'55 -M A S4 A I 4M8 Southwest 1944 MAN
i *4Ms Wash’t’n '26-’47 JAJ5.20 4s West Middle 1937.FAA5.20 Meriden (City)—
4Ma Water 1920-25..JAJ5.25 Meriden (Town)—5.25 4s Funding 1920-35.MAN5.25 Middletown (City)—__ 3Ms Impt July 1921..JAJ
6.25 4s Water July 1922__ JAJ| Middletown (Town)—
. . . *3Ms RR Aid Ref '2 4 .JAJ
...II *4s RR Aid Ref 1930.FAA___'j New Britain (City)—__ i 3 A s Sewer July 1932.JAJ
4.75 4s Munlc Bldg 1948..JAJ4.75 4Ms Water A u g ’41 ..FAA4.75 New Haven (City)—4.75 3 A s Funding ’25-’35.AAO4.75 4s Sewerage 1920-29. AAO4.75 4Ms Paving Mar 1936MAS4.75 *4 Ms Paving A ug ’37 FAA4.75 *4Ms Impt Mch 154.75 ’27 -’ 35............... MAS154.75 New Haven (Town)—4.75 *3Ms AlrLItR ’ 20-’ 29 JAJ4.75 New London—4.75 3Ms Water July 1926. JAJ4.75 4s Munlc Bldg 1933..AAO4.75 4Ms Park July 1942..JAJ4.75 Norwalk (City)—4.75 3Ms Water July 1929.JAJ4.75 4s Ref Sewer ’ 27-’28..JAJ4.75 *4Ms Improvt ’20-’39 JAJ ___Norwalk (Town)—___ 4 Ms Bridge June’42 .JAD___Norwich—
3Ms Funding 1925..JAD 4s Gas A Elec 1931..AAO4 Ms Water Mar '39 MAS 4 Ms Refunding 1938 AAO
Putnam (Town)—4Ms Water ’22-’46..AAO
Stamford (City)—4s Park May 1942..MAN
Stamford (Town)—4Ms School 1921-45..JAJ
Waterbury3MsSch’21-32JAJ 4s Park July ’ 20-’58..JAJ
_ 4Ms City Hall ’24-’63.JAJ. *4Ms Water ’49-’93..JAJ
4s Ref Dec ’ 20 to '24 .JAD3 Ms 1929 to 1920____JAJ
Wilmington— IMs ’ 22 .AAO4 Ms St A Sew 1934..AAO4 Ms 1928-1937______ AAO4MsBldg-Con ’53-62 MAS 4s St A Sew Apr ’25 .AAO DIST OF COLUMBIA
3.65s Fund curr 1924..FA A FLORIDA
Dade Co 5s Oct 1947-64____Duval Co 5Ms’32op ’ 12MAN
5s Road 1939_______ JAD5s Armory 1944______ JAJ
Everglades Drainage Dlst— 6S 1923-1935...........M A N
5s FundAIIlghw 1944.JAJ Jacksonv 5s May 15’24.MAN
5s Improvt Jan 1 ’ 36. .JAJ 4Ms Imp Nov 1936.MAN4Ms Feb 1937...........FAA
Jacksonville S D No 1—5s April 1945..................... ..
Key West 5s 1942______ JAJMiami 5s 1920-1944____JAJOrange County 5s 1944.JAJ Pensacola 4M8 ref 1941.AAO Polk Co 5s Road 1921-40— St Petersburg 5M 1949.JAJ ^ampa 5s June’55 op’25.JAJ
6 s Mun Imp '62 op ’32 JAD FOREIGN GOVTS
Internal g 5s of ’09 s f MAS 6 % Treas bds May 15 1920
British—Cons2M8 op ’23.Q-J 4Ms War Loan ’25-’45JAD 5M % K notes 1921..M AN 5Ms g Feb 1 1 9 3 7 ...FAA 5 M8 gconvN ov 1922. FAA SM sgconv Aug 1929.FAA
Chinese Government—6 % Treasury notes Nov
1921........................MANHukuang Rys 5s £.JAD15 5s of 1896 £ red on or
before 1933_______ AAO4Ms of 1898 £ red on or
before 1944..............MAS4.40 Cuban 5s 1944 op 1911. MAS
’ ’Internal” 5s Nov 28 1913optional______ MAN 28
"E xt’ l” g 4 Ms '49 op . FAA‘ ‘Ext’l” g 5s 1949____ FAATreasury 6 s 1919____JAD
lominlcan Republic— Cust’s adm s f 5s '58.FAA
ranee (Republic o f)—5% National Loan not red
before Jan 1931..Q-F 16 [awall. Territory of—4Ms Sept 15 1949.MAS15 4s Imp Ml opt ’ 3 1 ...F A A 4s linp Sep3’42op’32. MAS 4s May 15 '46 op '36.MAN 4s Aug 1947 opt ’ 3 7 ..FAA 3A s Imp ’21 opt 1911.JAJ
u $69 $72“ • —mc 80 80M __e 70 A 82M ___c 68~ 09% —
90 9590 9590 9590 95
Steam lilts93 9793 9793 9793 97 _ r i
93 9793 9715 — —10 2022 24
t$20 $2321 23
tS to50 7090M 91M - - -99% 100
- - -91 92 —
c 35 47% ““ *— 44%
c On basis of $5 to the £. d On the basis of 4 marks to the dollar. / Flat price. A On the basis of $4.86 2-3 to the £. I In London• Sale price, t Dollars per 1,000 rubles, flat, u Dollars per 1,000 lire, flat. » Dollars per 1,000 francs. ♦ Tax free In Connecticut.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
50 STATE AND MUNICIPAL BONDS [Vol. 110Bonds
FOREIGN CITIES, &c.Amsterdam 4s 1900-01. A AO Bordeaux (City) 0s ’ 3 4 .MAN Copenhagen 4a of 1901.M AN
5% s Munlc. Ext. ’44.JAJHavana— 1st Gs 1939__ Q-J
2d 6 s ________________ Q-JLyons (City) 6 s 1934.MAN Marseilles (City) 6s’34 MAN Paris (City of) 6 s ’21.AA015 Rio de Janeiro—
Sao Paulo (City), Brazil 8 % Ext g M s 1921-28 JAJ 6 % Ext s f 1943--. MAN
4%s Jan 1944............. JAJ|6 G%% 6.10%4s 1925_______ _____ MAN 6 6 % % 0 . 1 0 %4s reg May 1927____MAN 6 6 % % 6 .10%4s May 1 1933 £ ____MAN '4s May 1 1944_____MAN3%s Rfg May 1939.-MAN
New Brunswick, Prov of—3%s Jan 1933_______ JAJ4s April 16 1921..AAO 164s July 3 1930_______ JAJ4 3 1932 opt 1902_____JAJ4s 1932 opt 1902.-FAA 154%s Dec 1 1925.........JAD
North Vancouver 5s '00.JAJ Nova Scotia, Prov—
4s May 1 1920........... MAN5 s Jan 1 1926________ JAJ
Ontario, Prov of, 5s ’ 20. FAA .5a May 28 1922. MAN 285s Dec 1 1926......... ..J A D4%s May 1925_____MAN4s 1941______ MAN .4s March 1 1926____MAS .3%s 1930.......... JAJ .
Ottawa City 5s ’ 20-’45.-JAJ .4%s ’25, ’34, ’ 35, ’44.JAJ .3%s Sew Sep 26 ’28.M AS .
Quebec, Province of—5s April 1 1920........... AAO .5s June 1 1926______ JAD .
Quebec City 5s April 1920.4%s 1922......................JAJ
IDAHO4% s Cap Bldg ’ 30-’ 39__JAJ4 %s May 1 ’31 op ’21___JAJ4 %s Highway ’35 op ’25 JAJ 4%s Highw ’37 op ’27 ..JA J 4s Jan 1 1934 op 1921. ..J A J Blaine Co 5s Feb ’ 22-’31.JAJ Boise City 5s ’ 22 op ’ 12.JAJ Boise C ’ySD5s’ 25op’ 15M AN Shoshone County—
5s 1920 to 1924 op ’ 15.JAJ
ILLINOISChicago 4s 1921 to 1924.JAJ
4s World's Fair 1921..JAJ 4s g 1921-1925----..._JAJ 4sgJudg 1921 to ’ 24 ._JAJ 4s g Gen Corp ’22-’25_JAJ4s 1921-1931......... . . .J A J4s Ref Wat 1922-1935-JAJ 4s Jan 1930 A 1931 ..J A J4s Jan 1937-1939 ____JAJSo Park 4s ’ 2 0 to ’ 24 .JAD Lincoln Park 4s 1923.JAJ No W Pk 4%s ’21-34 JAJ W Chic Pk 4s ’ 20-’31.JAJ
Chicago Sanitary District— 4%s July 1 1923-1926. JAJ 4s Dec 1 1920 to 1923. JAD 4s Sept 1920-1931...MAS
Cook Co— Is 1920-’ 25.M AS 4s Ser K 1920-1931..JA D 4s Ser M 1920-1933..JA D 4s Forest Pres ’ 20-’ 34 AAO 3%s g 1921 to 1923..JAJ
East St Louis—4% sref Sept l ’ 28 ..S ep f 1
Joliet— 5s 1920-1925___MASMoline 4%s 1920-’32— JAJ Peoria 4%s ’20-’2 4 ..Ju n o 1 Rock Island 5s 1920-1923— Springfield 3%s ref '20 Sopt
3 %3 'gold July 1930. .JAJ3%s July 1 1931_____ JAJ3%s Jan 1 1931...........JAJ3%s July 1 1933....- .JA J
Regina 5s 1929_______ JAJSt Boniface,Man,5s ’31 JAJ2 Saskatchewan, Prov4s’ 23 Three Rivers 5% s ’20 MAN2 Toronto 5s 1920-1930.-JAJ
4%s 1923. ___________ TAJ4%s July 1 1924_____ JAJ4%s July 1 1925_____ IAJ4%s July 1 1948_____ JAJ4%s Jan 1 1919...........JAJ4%s July l 1953......... JAJ4%s Jan 1 1955______ JAJ4s St Imp July 1922..JAJ4s £ July 1 1948..........JAJ3%s July 1 1914-’45-.JAJ
Vancouver, B C— 5 % % T r ’snotes 1920 MAS5% s April 1 1939____AAO4%s Nov 30 1924...M A N 4s St Imp Sept 9’22. MAS9 4s St Imp Sept 9’27.MAS9 4s St Imp Sept 9'32.M AS9
o4s Ref 1942............. -JAJoFlovd Co 4 3 1921-’ 30. _JAJ oFt VVay— 3%sJan 18’20JAJ oFt Wayne 8 D 4s ’ 20-’23AAO oFranklln Co 4s ’ 20-’30.JAD ollendricks Co—
4s C II Jan 15’23-’32JAJ 15 oHunt’ tonC o3% s’20-’ 24JAJ Indlanap— Is Mar 1 ’ 24.JAJ
4s Park Imp Jan 1 ’27 .JAJ ols Fire Dept J ’nel ’ 11JAJ o3%s Hospital 1936..JAJ o3%s City Hall 1939.JAJ
olndianap S D 4s ’20-’ 26 JAJ o____ols Bldg Sept 1 1946..JAJ oo3%s July 1 1941____JAJ
Jeffersonville—■o3%s Refund 1925 ..MAN
oKnox Co— 4s 1920 -----JADoKokomo 4s ’21-’26-’ 31 MAS oLafayette 4% s’20op’ 15JAD oLa Porte Co 5s ’ 20-’28.JAD oLoganspt3%s’ 20op ’ 16 JAJ
o4% 3 Sell II ’20-’37 JAD 15 Marion Co— 4s Ref ’ 27.JAD
Wichita School District—4%s July l 1923...........JAJ -
Wyandotte County—4%s Bridge ’32 to ’ 41 FAA -
. KENTUCKYT a x -ex em p t: a n a m en d m en
t io n o f K en tu ck y p a ssed at the p rov id es that a ll bon d s o f m u n i n ow issu ed or h erea fter to be iss ex em p t.Bell Co
Gs Ct II Dec 15 ’38 JAD 15 Covington—
4%S W W 1920-1951. JAJ 4s Redemption 1922. FA A4s Water 1927..............JAJ4s Fundg 1952 op ’42 FAA
Fayette County—4%s g Fund ’ 21 to ’ 24 JAJ
Frankfort 4% s’27opt’ 17 JAJ Franklin Co 5s ’ 20 to ’24 JAJ Harlan Co—
5s Rd A Bldg ’ 22-’4G. MAS Lexington—
4s Feb 1945................ FAALexington S D 44 1933.JAD Louisville—
4%s Hospital 19 5 1 ..MAS 4%s School lmpt ’54. A AO4 3 Mun Imp 1923____ IAJ4s do Dec 1 ’28-.Q -M4s Park 1930................JAJ4s Refg July 1 1937.-JAJ4s Sewer 1947.......... FAA4s Louisv W Co 1946.JAJ 4s Louisv Wat Co ’50 FAA 3 %s g Refg 1940...MAN 3%s Refunding 1943.JAJ 3s Sewer A Park 1911. JAJ
McCracken County—5s Ref 1933 op 1913. MAS 5s Ref 1933 op 1923. MAS
Owensboro— Is ’31 op’ llJA J 4s Street 1930 op ’ 15..JAJ
Paducah—4s Oct 1 1920..............AAO
LOUISIANA5s Port Coinm’u ’20-’54 AAO 5s Port Comin’n ’ 24-’59 JAJ 5s Port Comm ’23-’55.JAD4%s Itof 1920-1964____ FAA4%s Pt Comm ’25-’57.MAS Atchafalaya Levee Dist—
5s Ref 19 49 op 1939.MAS Bossier District Lovee—
0s 1922 opt 1912____ MANCaddo District Lovee—
5s 1951 op 1911...........JAJFifth District Levee—
5s 1950 opt 1940......... JAJ5s 1952 opt 1942_____ JAJ5 3 Oct 15 1962 op '52 AAO53 Oct 15 1963____AAO 15
6 Basis. / Flat price, n Nominal, o Tax-exempt: under a law approved March 9 190.1 and which wont Into effect April 23 1903, bonds Issuedafter that date by State or municipal corporations are tax-exempt, and these sell on a better basis. * Sale price, t N Y prlcos.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
Jan., 1920.] STATE AND MUNICIPAL BONDS 51
Bonds
New Orleans— , , .7s g G S & D S July ’ 22 J-Q5s Premium----------- - - J&J5s Premium (dr num).J&J 4s Floating debt ’ 48.A & 0 4s Constitutional ’ 42.J&J 4s Public Iinpt 1950 opt
1942 (old issue)------J&J4s Pub Imp '42 op ’ 28 J&J
Orleans Dist—■5 s July 1959 opt 1929. J&J
Plaquemino Parish K Hank— 5s Oct 1952 opt 1942. A&O
Pontchartraln District—D Os 1944 ................MAN
Red River A & II B Dist—5s 1950 Series B ------ A&O5s Mar 1953 op ’4 3 . .MAS5s 1905 Ser D ............I'&A
Shreveport— . T, .4 %s WW&Sew 20- 54 J&J
MAINE4 8 Sept 1 1920-1953...M A S 4s Highway 1920-1930. M&S 4s Apr ’28-’ 31 tax ex..A&OAuburn— 3%s 1925------J&J
4s 1935 & ’40 tax ex’pt J&J Bangor— is Ref\Vater’35J&J
4 s Fund ’20-’30 tax ex J&J Bath 4s Ref 1941 tax ex J&D Blddeford 4s ’ 20-’35— M&N Cumberland Co 3%s J’ne ’21 Gardiner Water District—
4s Jan 1934-------------- J&JKennebec Water District—
3 % 3 g 1920 & 1925. . M&N Kittery Water District—
5 s Jan 1921 to 1938— J&J Lewiston—
4s g Oct 1927_______ A&OPortland—
4s Aug 1 1929 tax ox___4 s C II 1920-M5 tax exA&O 4s High Sch 1937 tax e x .. 3 % sg Ref July 1022. _J& '
Portland Bridge District— 3 Uy July ’20 to ’ 3 9 ..M&S
Portland Water District—4s Funding 1928------J&D
Saco 4s Apr 1939----------A&OWashington County—
MARYLAND
4s 1920 to 1928.
4s Roads 1020-1930.3 s Roads 1923'to _1028.„
4s Aug 1 1951.
4s Aug 1 1001.
3 ).4 s Jail 1 1927--------- J3Cumocrl'd 4% WW ’41 A &Frederick—
4s 1920 opt 1 Hagerstown—
MASSACHUSETTS
Attleborough— 4s 3%s March 193i
Beverly—4s Sowor 1020-31
Boston—4 %s Tun 1900 ti 4s July 1930...
A „ .> O n ’ W t t n
in Juno 1 1923.. Js Juno 1 1924.. 4s Juno 1 1932.. 48 June 1 1934.. 4s July 1 1935. . 4s June 1 1043.. 4s Juno 1 1044.. 48 July 1 1045. .
itchburg 4s 1922------- A&O3%s Water 1920.........J&J
■ardner—4s Water 1920-1934. M&N
Houcester—3%s W ater’20 t o ’31. A&O
iaverhill— 4s 1927____J&D[olyoke— 4s gold 1927.J&J 3Us Dec 1920-1932..J&D
.awrence 4s 1924--------- J&J4 3 Mar 1 1920-1922..M&S
leominster— 4s g 1920.A&O rfjwell— 4s Water 1920 M&N<ynn— 4s July 1927____J&J
3 Us April 1 1932------A&OJaklen—4s 1924------- M&N
3U 9 Water July 1 ’ 24. J&J
4s Feb 1930............. .F&A5s Apr 1 1920-’28 tax-expt
[elroso 4s June 1924. _ J&D
4S 1920 to 1924_____J&D
4s Water Apr 1 1920. A&O 4s Sewer 1920-41 (tax-
exempt) _________ M&N3 Us 1923.............. ..F & AWDl
B id . A ik .
3Us Water ’ 20 to ’3 4 . J&D fewton—4s Water Aug 1935.-F&A 3%s Water Dec 1920.J&D
forthampton—3% sg 1920 to 1920...J&J
liiincy 4s Sep 3 ’20-’22 M&S 3Us April '20 to ’3 9 .. A&O
alem— 4s 1920_______ J&D4s Jan 1 ’32-’54 tax-exmpt
pringfield—3 Us School 1935.........J&J3s Sewer 1930_______ J&D
’aunton— Is 1927_____J&D3Us Sewer Dec 1 '30 .J&D
i/o k o fio ld "■4s Water 1920-1933..A&O
Valtham—3 Us July 1920______ J&J
Vatertown— 4s ’ 20-'34.J&J3 Us 1921 to 1929____J&J
Winchester—4s Sewer Dec 1 '2 0 - ’ 2 4 J&D
Vorcester— 4s 1922__ A&O4s Jan ’23 (tax-exmpt) J&J 3 Us April 1 1922____A&O
MEXICO
MICHIGAN (See foot note o ) -5s Road ’22. F&A
......... — .• School District—4s Sept 1935________ A&O
attlo Creek—4 3 City Hall 1927-’30 F&A
ay City—5s 1920........................M&S4s 1934..........................J&J
ay Co—o4s Ref Dec 15 1923.J&D
essemer—5Us 1920-1949............F&A
93 U 779194%
9789%979 2U95
92% 95 9592 9098 9598 95 88 909495
94 100U 9094 U9792
95
93%95%
91%929 2U95 97 % 89 U99938785U9589
95U
98U9594
9797 U98 90U
94%93
ToN et .
90% 96% 93% 97 U 99%
102%
94%
b 5.10 b 4.80
4.704.704.704.704.704.70
4 Us Road 1920-’20_. A&O Detroit—
o4Us Pub Lib 1948 J&J156 o4s Aug 15 ’20-’28.F&A15 6 4s Sewers Apr 1 ’ 2 2 .. A&O bo4s Mar 1 1944.........M&S bo 4s School 1946.........M&N 63 Us Park 1930_____M&S b
Minneapolis—4%s Impt 1920-1920.J&J4 % S 1921-1925 _____J&D4 % S 1920-1935__________4 Us g July 1920------- J&J4Us Mar 1920-’37...M & S 64%s School 1941-------------64s School Jan 1927— J&J 64s May 1 1927--------- M & N b4s School Jan 1 1935..J&J 6 4s Improvement 1937 J&J 6 4s Improvement 1942 J&D b4s 1944................ A&O b3Us School Jan 1 ’29.J&J 6 3Us Water Wks ’3 2 ..J&J 6
Ramsey County— .3 Us M a y 6 1921____M & N .
Red Lake Co— 5Us ’20 A&O .St Louis Co 5s 1923-29.J&J .St Paul— _,
5s Refg July 2 ’22-’31 J&J 64 Us July 1935............. J&J 64%s Park June 1 '43. J&D b 4% s Sewer July 1 ’ 43.J&J 6 4 Us Water Aug 1 ’ 43 F&A 6 4U« Ref J ’ly 2 '22-’31 J&J b4%s Nov 1 1931................ - 64s Ref Mar 1 1939..- M & S 6 4s Sew’age July 1 ’39.J&J 6 4S Mar 1 1940_____ . M & S f
3%s Apr 30 1 9 2 2 ...M&N ’th St Paul 5 %s ref ’ 33 J&J
4.754.75
4 .60( 4.00 (
4.70
3 % s g Apr 1 1922— A&O Springfield 5s '32 op T7 J&D
MONTANABillings 5s 1934 op '2 0 ..J&J Butte—
5s Funding 1922-1930 J&J Butte School Dist No 1—
4Us 1024 opt 1914...J& J Cascade Co 4s ’ 21 op ’ 11 J&J Custer Co 0s ’ 25 op '15. J&J Great Falls—
5% s Sewer 1935to’39.J&J 4s 1923 option 1914..J&J
Great Falls Sell Dist No 1— 48 1925 option 1915. M&S
Helena 5s 1931 opt 1910 J&J Helena S D No 1 4 Us ’2 2 J&JKalispell 5s 1933............. J&Jncoln Co 5s ’ 32 op ’27 .J&J
5 3 Fund Mar ’31 op '21J&J
4.90%4.90%4.90%4.90%4.50%
MISSISSIPPI5%S Apr 1929-1934.. . A&O b 4.804.70%4 Um 1920-1934________ J&J 64%a July 1 1921-1935— J&J 64%s July 1 1930_______I&J 63%s Refund Jan 1 1927.J&J 3%s State 1934 op ’ 14 .-J&J Greenville— . „
5s Refund Sept 1927. M&S Jackson 5U 3 July 1 ’ 33.J&J
5s Water Aug 1 1 9 2 8 . F&A b5s Water 1930______F&A1'5s June 1 1932...........J&D
Meridian— 0s May ’ 24 May5s Dec 1 1939............ J&D4%s Sell House 1941.J&J
Mississippi Levee Dist—5s May 2 1944...........M&N5s July 1 1953............J& J4Us Sept 1934........... M&S
Vicksburg— .53 St Impt 1920- 3 2 ..F&A 4 Us Sewer Dec 1 '28. Dec
Yazoo-Miss Delta Levee Dist03 1947 option 1917..J&J53 1924-1954..............M&N4U s July 1949______ J&J4s 1 9 5 2 option 1922— J&J
MISSOURI3Us Cap Big ’20-’25 op.J&J b 4.05 Kansas City—
4US Sept 1 1930____M&S4 Us Mar 1 1933-----M&S4s Market House ’24 .J&J4s Water 1924_______ J&J4s Park & Boul 1924..J&J 4s Sept 1 1930______M&S
Kansas City School Dist—4Us July 1 1933.........J&J4s July 1 1927_______ J&J4s July 1 1930............. J&J4s Bldg 1932............... J&J3Us Jan 1923..............J&J3 Us July 1925..............J&J
Lafayette Co 3U 9 1921.J&J Littlo River Drainage Dist—
SU sO ct 1920-1933..A&O Pettis County—
4s 1920 opt 1908------M&NSt Joseph 4s 1923.........F&A
St Louis— , . .4% 3 Bdge-Compl ’ 35 A&O 4s Insane Asy’in ’ 28 .A&O 4s Public Impt 1928..J&J 4s Public Bldg 1929..A&O 4s W W Renew ’31 .M&N4s School 1937----------- J&J4s School 1938----------- J&J3.65s Ren June 25 ’ 27 J&D 3 Us April 1 1925____A&O
9 7909696
1009090909694949292%
90
99979797
102
909096
*96%
5%
4.80
4.85
4.80
4.804.804.80
4.804.804.804.804.804.804.80
4.806 BaslHf / Flat price. wNomlnal. 0 Tax-exempt; under a "law approved May 13 1909, and which went Into effect Sept 1 1909, bonds issued
aftor that date by municipal corporations are tax-exempt aud these, accordingly, sell on a better basis.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
52 STATE AND MUNICIPAL BONDS [Vol. 110.
Bonds.Missoula 4Ms ’24 op ’ 14 J&J Missoula County.—
4s Ref 1921 opt 1911. F&A Phillips C o -
68 Ref Dec 1935 op ’ 33J&J Yellowstone County—
6s Ref 1920 op 1908..J&JNEBRASKA
Douglas Co— 4s ’20-’28 A&O3%s 1922____________J&J
Grand Isl 4%s ’25 op ’ 10J&J Lincoln—
4M sRef’20to’29op’20F&A 4s Ref 1920 op 1909. MAS
Lincoln School District—4 Ms 1924 opt 1909..M.feN
Omaha 4 Ms 1920-21__ Mar4%8 Renewal 1924__ J&J4 Ms Mar 1 1932____MAS4Ms Refunding 1934.J&J 4%s W W Dec 15 ’41.J&J
Omaha S D 4Ms 1928..J&J4Ms July 1931_______ J&J5a 1948............ J&D
So Omaha 4Ms’24 op’09 J&D SouthOmahaSD— 5s ’23 J&J
3Ms 1924 to 1929__ J&J6Dover 3Ms ’28-’31___ J&D)6Laconia— 4s 1924_____A&O 6Nashua— 3s 1923_____A&O bPembroke 4s ’24-’34__F&APortsmouth 4s g Sch ’23J&D
4s Ref Water 1932____J&JRochester— 4s 1922___ J&D
NEW JERSEY Asbury Park— 5s 1924.J&D
4%s School Jan 1943. J&J Atlantic City— 5s 1925. J&D
4Ma g Water 1926__ J&J4M» Water 1945_____J&J4M8 Paving 1938____J&J4Ms Water 1944_____J&J4Ms Jan 1 1945______J&J4s Water 1930_______ J&J
Atlantic Highlands—4s g Sewer July 1 1928 J&J
Bayonne— 5s Fund 1928 J&J 58 Water 1920-1943.J&D 5s Jan 1 1921-1949...J& J4%8 Funding 1931__ J&D4Ks Jan 1 1933______J&J4s floating Debt 1928 J&J
Belleville— 5s Fund1924-1934-1944..-M&Nj
B id . A i k .
4.604.604.754.754.75 4.80 97 % 94% 97 %
4Ma Funding 1945. Belleville 8 D 5s ’27-44 M& N 6 5% 4.70%Bergen Co 6s Dec 1 ’ 19.J&D
5a Dec 1944................ J&D6s Dec 15 1920-1955J&D154HS 1920-1939.........A&O4M8 Aug 1920-1938.F&A 4s Bridge ’20 to ’24 ..F&A 4s Court Hse ’20-’38.A&O
Bloomfield 5s ’ 20-’23..M &N Camden— 4%s Wat ’23.J&J
4%s Dock 1930.........A&O4Ms School 1943____A&O4s Paving 1929_____M&N
Camden Co 4%s 1933.F&A4s 1944.................. J&J
Cape May— 5s 1934__ J&D4 Ms School 1920-51.MAS4%S 1920-1952_____M&S
East Orange 4Ms’25-45 F&A4s 1934....................... A&O4s Water 1933______J&D3%s Water 1933___ A&O
Elizabeth 4 Ms 1 9 5 3 ...A&O 4 Ms Sch Jan 1 1955. .J&J4s 1922 o p . . ............... J&J
Englewood— 4s Sep ’35 M & S______Essex Co4Ms Road ’53. F&A b 4.65
43^8 L’d Purch ’21-’46 J&J 6 4.65 4.45 4%s Hospital ’20-’49.F&A 6 4.6514.45 4%s Road ’20-’36 ...F & A 6 4.654.454s 1926------------------- F&A6 4.65 4.454s g Park 1938______ F&Ab 4.65 4.454s Hospital 1946____F&A3.65s Park ’20 to ’35. F&A
Falrvlew— 5s 1944 ________Gloucester Co4Ms’20-’26 var Hackensack— 4 Ms 1942F&AHarrison— 4s 1930_____J&JHoboken
4 Ms 1940......................J&J3Ms 1931__________M&N58 School 1921-1954..J&J
Hudson Co— 4 Ms 1948. A&O4 Ms Road 1923..........J&J4M« May 1 1950___ M&N4s g Park 1959 & ’54. M&N 4s County Bldgs ’46. F&A4s gold Ref 1935___ F&A3%s Bridge 1920___ A&O
Irvington 6s School ’63.J&D Jersey City—
5s gold assess 1924..M&N 5s Water June 1 ’21. J&D 4 Ms School 1920-58.J&D 4Ms Refunding 1928.J&J4 Ms School 1945____ J&J4 Ms Water 1961____A&O4Ms Sch Mar 1961..M&S 4 Ms Park Mar 1961. M&S4s Water 1932............A&O4s 1935_____________ J&D4s Refunding 1949___F&A3M Refunding 1920.J&D
Kearny 4Ms 1936_____ F&A4 Ms April 1962..........A&O
4s Road 1933..............J&D3 Ms April 1941____ A&O
Middlesex Co 4Ms’24-’34J&J4M3 Fund July 1920-1939.4 Ms Imp 1920-’32__ A&O3 Ms Bridge ’22 to ’31. J&J
Montclair 4Ms Sch ’41.A&O 4Ms H Sch Bldg ’44.J&D3 Ms School 1932.........J&J
Morris Co— 4s ’35 op ’05J&J4Ms 1942 opt 1922...J&J
Morristown 4 Ms ’ 20-42 J&DNewark— 4Ms 1944__ F&A
5s 1920-1958..............J& J5s Street 1920-1944..J&J4 Ms Dock 1959.........F&A4 Ms June 1 1960________4Ms Sch Dec 1 ’ 45__ J&D4s Refunding 1923... M&S b 4s Sch House 1959 op 1949 b 4.70 4s PasValSew’61op’51J&D b 4.703Ms 1929___________J&D b 4.703 Ms Track Elev ’54 .F&A b 4.70 Vallsburg 4Ms 1934_.J&J;6 4.70
4.451
b 4.654.45' 6 4.654.45'
4% 4 H
4.554.554.554.554.554.554.554.554.554.55
New Brunswick 4s ’22. M&N 4Ms Aug 1 1920-57..F&A
North Bergen 5s 1941. .J&D No Plainfield 5s 1920-1954.Nutley 5s 1933..............J& DOcean City— 5s 1944... F&A Orange—5s 1923 to ’ 32. J&J
5s Water 1938..........F&A4 Ms Sower ’20 to ’21. A&O4Ms School 1943____J&D4s Sch House 1934__ J&D
Passaic 4Ms 1920-’40..M &S|..5s Imp ’20-’48_____M&N4 Ms School 1942_____J&J4 Ms Ref 1944...........M&N3 Ms 1920.................. F&A
4Ms 1933 to 1944...M&N4 Ms Feb 1 1945____F&A4s N C Hall ’ 23 to ’ 32.J&J
Perth Amboy 4 Ms Apr 1944.4 Ms School 1938 4 Ms Funding ’2O-’27_A&0
Plainfield— ts’20 to ’34. J&D4s School 1959_____M&N
Rahway— 4s Adj’22op M&N Ramsey 5s Water 1921-’40_ Ridgefield 5s July ’ 20-’ 31J&J Ridgewood 5s 1920-’ 28.F&A Riverside 5s 1925-’ 32 ..A A O Sea Isle City 5s 1943... F&A So Orange— 4s’20 to '44 .J&J Summit 4M Sch 1941..F&A
4s 1933............... ........M&NTrenton 4Ms May ’24.M&NI&
4 Ms Water 1943____A&O b4s Fund 1934.............A&O 64s City Hall 1939___ J&D 63Ms Sch Nov 1 1929 M&N 6
Union Co 4Ma 1937...M & S 64Ma 1942...................M&S 64s Oct 1 1942.............A&0|b
Vallsburg— See Newark. Weehawken-4MsFd’20.F&A
4Ms Funding 1920-28.J&D Westfield—
5s June 15 ’ 20-’60__ J&DWest New York 5s ’38. M&S Wildwood—
4Ms Sew 1920-1957..F&A
Bonds.
4.604.604.604.604.604.604.604.60
NEW MEXICO4%s ref 1953 op 1933.__J&J|& 4.55
4.60, 4Ms Dec 16 '52 op ’22 ..J&D 6 4.554.60 4s Ref June '33 op '2 3 .M&S 6 4.554.60 4s Bldg 1929 op 1919..M&N 6 4.55 4.60i 4s Fund 1939 op 1919..MAS 6 4.554.60 4s Highway 1921-1944..J&J 6 4.55 4.60| Albuquerque 4Ma *29 ..M&S 96%4.60 5s W W Dec 1962............. 1004.90 Bernalillo Co 6s ’ 22op’ 12J&J 100
5s 1931 op 1921......... ........ 100SocorroCoSs ’41 op ’21.A&o| 100
NEW YORK4Ms Highway 1963...M&SI4 Ms Canal 1964..............J&J4 Ms Canal 1965..............J&J4Ma Highway 1965____ M&S4%s Barge Canal 1945..J&J4s Canal Term 1942____J&J4s Canal Term Jan 1946. J&J 4s g High Imp Mar ’58. M&S 4s g High Imp Sep ’58 .M&S 4s High Imp Mar 1960 M&S 4s Canal Imp July 1960.J&J 4s Canal Imp Jan 1961.J&J 4s Canal Imp July 1961.J&J 4s Hlghw Imp Mar ’61. M&S 4s Palisade Park 1961..M&S4s Canal Jan 1962_____J&J4s Hlghw Imp Mar.’62. M&S 4s Canal Imp Jan 1967 J&J 4s Hlghw Imp Mar ’67. M&S 4s Palisades Park 1967. M&S3s gold Jan 1 1923............J&J3s g Jan 1 1956................J&J3a g fuly 1 1958................J&J3s g Canal Jan 1 1959._. J&J]Albany—
4%s June 1 ’ 20-’28..J&D|6 4Ms Water 1920-34.M&N ft4Ms Oct 1963........... A&O 64 Ms Water 1932____ M&N 64 Ms 1920-1954......... J&D 64s Park 1920 to ’3 0 .. M&N 6 4s High Sch 1920-31. F&A 6 3Ms Pub Imp ’20-’ .34 F&A 6
Albany Co— 3Ms’20-25 F&A 63Ms Aug 1 1925.........F&A 64 Ms 193(4 1037 IOW MA*jU
4.554.554.55
.55
.55
.55
.55
.55
.55
.55 55
.55
.85 85
4.85
107 M 107 101 101 101 9999M9898989999 M 99 M9899 99 9999 M 99M 99 M 91 91 91 914.504.504.504.50
NEW YO R K (C o n clu d ed ) Amsterdam 5s Wat .1920-37 Aubu’n-4Ms Dec0’20-31J&D
4s Water M ay’20-’25 M&N4 Ms 1925-1934...................
Binghamton 4s ’28&’29.F&A 4s Sew Dlsp ’22-’36__F&A 4Ms Park 1920-’3 7 ._ .J&J3 Ms Bridge 1935____F&A
Brooklyn— d— 6s 1924.. J&J4s Bridge 1926______ J&J4s School 1921..............J&J3M sg 1921 to 1937...J&J 3M«> g July 10 1925... J&J3M9 gold 1927........... .J&J3M sg July 10 1934...J& J3 Ms gold 1936..............J&J3s Bridge 1925..............J&J
Broome County—5s Hospital 1920-33.. M&S
Buffalo— 7s 1924 & 1925 J&J 6s Parks Jan 1 1924..J&J4 Ms Nov 15 1933...M & N 4 MsHchNov 15 ’20-33M&N 4MsJune 15 1944. J&D 15 4 Ms June 15 1904. J&D 154 Ms 1920-1968...........J&D4 MS Feb 15’62 op ’32. F&A 4s School Aug 1 1929.F&A 4s Serial 1920 to ’ 2 9 ..F&A 4s June 15 1920-’30_ .J&D4s June 15 1960_____J&D3Ms Park Reg 1927..F&A 3Ms Water 1920-35.M&S ____
4Ms Water 1920-’ 45.AAO b 4.55)4.35% . . .b 4 .554.35%
4.60'4.60'
504.50'4.50'4 .60
97
109M108103103102M100
100
100Mioom100M
4 h4*1
4.904.90
4 Ms Apr t 1933-1935 3Ms Redernp ’20 to ’21J&J
Erie Co4 Ms’20-36tax-ex J&J dFarRockaway 5s ’ 2Q-’21JAJ Franklin Co 4Ms’31-’40 M&S Fulton— 3.40s’20 to ’ 29 J&D Geneva— 4s Water ’20.A&O Glens Falls— 4Ms ref sewer
Aug 31 1920-1928...F&A Haverstraw4.12s’20-’37M&S Hempstead-d-ls g 1923.J&J Herkimer— 4 Ms’20-’27MAN Hornorsvllle— 3Ms ’21. F&A Hudson— 4s W at’20-’22 July
4Ms High Sch ’25-’32 AAO Irvington 4.10s ’20-’36.A & 0 Ithaca 4.30s '27 op var.J&J
4 Ms Ref Water 1942..J&J Jamest'n 4s Mar 20 '43. A&O Johnstown 4 Ms Dec ’23-’37 dKIngs Co 4s May 1 ’ 20-’ 44 Kingston .3Msg ’20-’36. A&O
4 Ms 1920-1925.........A&OLong Island City— d
4Ms 1920 to 1923...M&S 4s Water Sep 1 1920.M&N 3 Ms Wat May 1 ’20. M&N
Madison Co 4Ms’20-’29F«b1 MIddleport 4.35s’20-’42J&D
4.3.5s sewer ’20-’39__ J&DMiddletown— 3Ms '31. F&A Mt Vernon 4Ms’31-’43.A&O
4M« Sch 1962-’73__ M&N4s Sewerage ’50-’65 . . M& N 5s Jan 2 1921-1928..J&J 2
4M» Ref 1922-’28___M&S4 Ms 1938-1943_____J&D3Ms Court Houso’30 M&S
Newburgh 4Ms ’20-’34.F&A New Rochelle4 Ms’20-22 M& N
4Ms Mun Imp ’20-36M&N4s 1920-1930..............M&N3Ms 1920 to 1933____J&D
New York City—4 Ms June 1965...........J&D4Ms June ’20-’30____J&D4 Ms 1963.................... M&S
s (old) May 1957. M&N s (new) Nov ’57 .M&N a Corp stock 1907.J&J s Corp stock’20-’32J&J s 1900 opt 1930... M&S
4 Ms 1960........... ........M&S4 Ms Mar 1 1962____M&S4M8 Mar 1 1964____M&S4 Ms April 1 1966____A&O4s Various 1936____M&N4s Nov 1955.........__M&N4s Various 1950____M&N4s Various May ’57. M&N4s Nov 1958........... .M&N4s May 1959...........M&N3 Ms Exempt 1922..MAN3 Ms Bklyn M Sow’27 J&J 3 Ms D ’k 1927 Ex.M&N 3M sg Exempt 1941.M&N 3 Ms Exempt 1942..M&N 3Ms R T 1948-l950.M&N .3M sg Exempt 1952.M&N 3M sg Exempt 1953.M&N 3Ms g Exempt 1954.M&N 3M sg Water Ex '5 4 .M&N 3Ms Exempt 1955..M&N 3Ms Stk April 1 ’5 4 . .A&O3Ms Nov 1 1929____M&N3.30s Co 1921 E x ____J&J3s g Dock 1924 E x..M & N 3s g R T 1950 Exem.M&N
Niagara Falls— 4s Nov 1921 4.10% Sower 1935-40. J&J4 Ms School 1921-20.. F&A 4 Ms Wat M ’y 1*41-48M& N 4MsRepav’29-33 regM&N 4 Ms Sew’39-’ 46reg.. M&N3 Ms 1942-1945.........M&N
North Tonawanda 4s’24AAO4 Ms 1920-1925...........J&D
Oneida Co— 3 Ms ’ 20-’28FAA Onondaga Co 3s ’ 20-’29.J&J
4 Ms 1921-26................J&JOrange Co 3 Ms ’20-’ 24. Fob1 Ossining— 4 Ms ’ 20-’42.M&S
b 4.50 4.40* 6 4 . 5 0 4 . 40 * b 4.50)4.40* b 4.504.40*
5s gen lmpt 1944_____ J&J5s Sept 1920-1947___M&S4Us July 1 1942......... J&J4U9 July 1 1952_____ J&J
NORTH DAKOTA 4s Fund’g Mar 20 ’2 1 ..M & N Grand Forks 5s May ’24-38 Renville Co 0s March 1922 Ward Co 4 Us July 1925.J&J
OHIO (.See fo o t-n o te *)•Akron— 5s 1923......... -M
♦5S 1920-’ 24 & '28------A
Ashland Co— *5 Us Bridge Oct 15 '2 0 -Oet 1 ’ 23. A&<
Butler C o 4 U 9 ’ 2 1 & ’ 24.J& *4UsFl-Emer’2l-31 M&l
49 ’ 21, ’ 22, ’ 20 & Canton S D 5s 195‘ ♦4.40s 1950.........
4s Aug 1
4.40
3.05s g Feb 1937— 3Us R ^ '56 opt ’ 3 0 3U9 1938 opt 1918. 3 Us W ater’45 o p ’2 3 Us Ref 1952 opt ’ 3 3s Water 1939 op ’ 1£
4.304.304.404.354.354.35 4.00
4.354.354.354.35 4.00
4 u s linage iu.ii. 4 Us Park 1938.. 4.10s Paving 1931 4.10s Sew Const
4s Refunding 4s Park 1929. 4s Park 1931. 4s Park 1924.
Cleveland S D *4u s ’204s 1922....................... A-4s July 1 1932............. J
Clifton (In Cincinnati)—
4UsSchool 1920-31..F&A u ---------- .i U s Feb 15 1920-1957... b 4.50 4 .35% . . . Cleveland—4s Wator 1920-1925..J&D b 4.50 _4s Sept 1 1 9 2 0 ................ b 4.50 4.35% . . . *4)3 U 8 Water 1920-30..J&J 6 4.50 4.35% - - - * 4 ]
Otlca— 4 Us 1920-35.. M&N3 Us Nov 1 1920 to ’35 Nov
Warsaw Union Fr S D No 104U8 1920-1942..............Oct
Watertown 4 Us 1942— J&J4s May 1 1938...........M&N3Us Sewer ’20 to ’ 27 M&N
West Soneca 6 s ’20-’38.A& 0 __WestchTCo3Us’27&’28J&D 6 4.40 4.30$
6 s Juno 1 1929-54...J & D b 4.40 4.30$l 4UsParkwayl902-80J&D b 4.40 4.30%4 Us Co Bldg 1927-44.A&O b 4.40 4.30$~4s Co Bldg 1920-59.-M&S 6 4.40 4.30$48 1930to 1935...........F&A b 4.40 4.30$4 Us San Sew ’33-’82.J&J b 4.40 4.30$
White Plalns-48 ’20-’ 28 F&A3Us Water 1931____A&O4 Us Fund '21 & '2 2 . . J&D 6 s Refunding 1922..A&O
Wolcott4UsJly 15’20-42 J& J ______ ,Yonkers— 4s '20 to ’ 25- M&S b 4.65 4.35$
4s Wator '20 to ’ 2 2 ..A&O 6 4 . 5 5 4.35*4Us Mar 1 ’27-’50..A&O 6 4 . 5 5 4 .35% - - - 4 s SewerJ33 opt 3Us M a y '20 t o ’24 ..F&A 6 4.55 4.35$5s April 1 1923-27............. b 4.55 4.35$5s 1920-1938...............A&O 6 4.55 4.35$NORTH CAROLINA
4 Us Refund 1921_____M &S---------- 100U 4.50<s 'Refunding 1950------- J&J 97 100Is Building 1951------...J & JAlbemarle 0s 1920-38..F&A Ashovllle 6 s Itof 1941— J&J
5s School 1943_______ J&J5 Us 1920-1957...........J&J6 Us Street 1920-30..F&A 4s April 1922_______ A&O
Buncombe Co 5s ’20-’46 J&D 4Us Funding 1939..M&S0s Bdgo 1928-37____A&O
Charlotte-5sSt&Sow’29. J&J68 School 1920-40____F&A4 Us Water Mar 1935. J&J 4 Us Water Oct 1 ’41 .£& 0 4 Us School Oct 1 ’41.J&J4 Us July 1 1942.........J&J
Durham-4 UsSew& Lt’41 J&J 4Us Fund 1921 to 1940—6 S Water 1921 to 1945.J&J6 s Fd A Sower ’ 20-’39F&A------ - - - - - , , .
Qranvlllo Co— 4 Us ’ 39 M&N b 5% 4.85% ...| 4 %Greensboro— 5s vY W ’30 J& J-------------------- 4.80 4s <
5s Aug 1 1942_______ F&A4s Water-Works 1954.J&J
Greonvlllo 6 s W W ’58 .F&A 0s Wator July 1920-24J&J
Iredell Co 5s Aug 1 ’42 .F&A Loo Co 5s Road 1952.. M&N Lincoln Co 5s 1943 & ’ 48 J&J
6 s Bridge 1037-1951. F & A _________ , „ „ TMecklenburgCo-6s’20.M & N ______________4.90 Loral
6 s Fund 1020-1930..M&N4Us 1943-1047........ M&S
Pitt Co 5s Fund June’59 J & J_____________Raleigh (Is 1021------------ J & J ....................... - 4.»0[ — 5 s . 1 0 3 2 0 P'
5s 1027........................A & O ......................... 4.90i Marietta— *46 s Munlc Bldg 1939..J & J______ _______ 4.90(5s Wator Wks 1943..J & D .........................4.906 s lmpt June 1 1944. J & D --------- -----------4.90
Rutherford Co 5s ’ 23-’52 J & J --------- -----------4.90Surrey Co 6 s May 1933-58 ..--------- ----------- 6Wake Co 6 s Fund ’48__ J& J--------------------- 5Weldon 0s Jan 1924 1942................................ 5.10Wilmington— 5s F ’d ’22. J & J --------- ----------- 4.90,
6 s rof & lmpt 1055..A & O -------------------- 4.904 Us g Wat & Sew’48 A & O -------------------- 4.904Us Wat & Sow 1052. J& J ........................ 4.90,4s g Ref July 1 1020. .J & J___ -------------- 4.90
*5s Sewer 1949------- M&S,----------* 4 Us Gen Imp Sept 15 2 0 ---------*4 Us Sept 1 1928__ M & S----------4 Us Bdg ’ 28,’33&’38 F& A...........4 s 1920?.....................A & O ............4s Park July 1 1942..J& J---------3U 9 Refund’g 1930.M&N---------
Toledo Sch Dist-4s ’ 23 to ’ 29
A i k .T o .
N e t .
4.704.704.704.70
4.50$4.50$4.50$4.50
100100
b 5.10 b 5.10 b 5.10
4 .75 ‘4.75<4.75<
Warren Co 5S 1929-34.M&S Youngstown *5s ’20-’25 A&O
*5s Police Bdg& St ’ 20-’ 32*4 Us 1920-1957.........A&O
Youngstown School DIst—*4Us 1944-1947____M&S
Zanesville— *5s City Hall & Market 1920-39.—M&S
OKLAHOMA4U S Oct 15 1924-33..A&0154s Funding 1920-27---- -F&AArdmore— 5s 1922____M&N 99 100Canadian Co 4s ’ 22-’31. F&A Muskogee— 4U 9 1 9 2 5 .M&N ___
Okla City— 5s ’37 op’22 F&A5s Water 1936______ M&S5s Fund Oct 9 ’ 3 6 . . A&O 9 5s Fire Dept 1934— J&D4 U 9 Sewer 1936_____F&A4Us W W 1941........... J&J
Okla City S D 4s 1933. J&J------5s 1920, 1930, 1931._Var. ........... 100
Okla Co— 4U 9 ’24-’33.J&D Okmulgee— _ ,
5s W W Ext Mar 15 1943. 97 100Payne Co 4 U s’20 to ’ 29 A&O
OREGON4Us Hway ’24-Apr’44.AAO 4s Highway 1923-42— A&O 4s Highway 1922-41 — A&O4s Aug 1 1928-1933------F&AAlbany 5s rof ’ 31 op ’21.A&0Astoria 5s 1953-------------J&DBaker City 5s 1934------- M&S 99Clatsop Co 5s 1934-------A&O 99Columbia Co 5s Road »•
Apr 1 1924-’29-’ 34----A&ODallas City 5s ’2 O-’2 0 _.M&NEugene 5 3 1942------- --M A SMultonomah Co 32J&D
5s Road 1920-1929— M&N Portland— 5s g C H ’ 22.J&J
5 M b Aug 1928........... I'&A5s Water 1923............. J&J5 s gold Bridge 1925—A&O4 Us Dock 1943____M&N4 Us Oct 1920-47____A&O4s gold Bridge 1934..J&J 4s Water 1937......... .M &N
Pt ofAstorIa5sIIar’24- 29J&J 6 5.10 Pt of Coos Bay Harbor 6 s . . . 6 5.10 Port of Portland 5s '2 2 . .J&J 6 5.10
S V U T « ' l o n ‘ ° D Ny Z a m e n d m e n t b d o p l e d Sept. 3 1 0 1 2 . b « « b l w d o fl.r J » i . 1 1» '3 b , mu»lclpaMU» lbthat State aro subject to taxation. Bonds Issued prior to Jan. 1 1913 are oxeupt from taxation.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
54: STATE AND MUNICIPAL BONDS [Vol. 110.Bonds
Philadelphia ( C o n clu d ed )43 Nov 1 1006............. J&J3Ms Water 1931.........J&J3 Ms July 1932............. J&J3Ms July 1 1934_____J&J
Pblla S D 4 Ms ’24-’43_.J&J4s 1923-1942________ J&J
Pittsburgh— 4Ms’20-’ 50J&D b 4s May ’25 op ’ 10-’22 M&N b4s 1920 to 1927_____M&N b4 3 1921 to 1939........... J&J b4s 1920 to 1936............ I&J4Ms ’20-’38 taxable. M&N 3Ks Apr ’ 2 0 to ’30..A&O
Plttsb S D 4 M s ’22-’27..J&J Rending— 4s ’20 to ’28.A& 0
4s 1923-1928 ______ M&S4s 1921, 1926, 1931______
Schuylkill Co 3s ’21 opt J&J Scranton 4Ms ’ 20-’41__F&A
Memphis 5s July 1954..J&J5s 1920-1927.............F&A5s River Term ’23-’48A&0 5s Audit M kt’25-’49. O&J 4Ms Refunding 1926.J&J 4Ms Refunding 1939.J&J 4Ms St Impt &c ’46 .F&A4Ms Park 1947______ J&J4 Ms Street 1947____M&S4 Ms 1950....................J&J4Ms Park 1959........... A&O4s Water 1933......... .M&N
Memphis S D 4Ms ’5 9 ..J&J Nashville— 5s Wat 1921J&D
5s March 1933______ M&S53 1920-1935. .............M&S5s Sch 1920-1945____ J&D4 Ms Sewer 1923_____A&O4 Ms Street 1935.........J&J4Ms Trunk Sew 1940. J&J 4Ms High Sch 1940..J&J 4s (Tenn C RR) ’24. M&N4s Sewer 1927..............J&J4s Water 1928..............J&J
Putnam Co4M s 1941.July 1 RobertsonCo4s’41op’31_J&J Shelby Co— 4MsSch’41_J&J
4s Court House 1955.J&J 5s Sch 1929, 1939, 1949
TEXASAustin 5s 1920-1942____J&J
5sSchBg&Hos’52op’32J&J 4M % Refg 1920-1946.J&J
Beaumont 5s ’52 op ’32. A&O 5s Water Works 1954.M&S4s 1942 opt 1922_____J&D
4Ms Munlc Impt ’42 M&S 4Ms Renowal 1941..A&O 4Ms Imp July 1040..J&J4s July 1 1932...........J&J4s Water Oct 1 1934.A&O 4s Impt March 1936. M&S
Petersburg 4Ms 1952..A&O Portsmouth— 4Ms 1940 F&A
4Ms Imp Oct 1 1942.A&O 4Ms Sch & Sow 1938.J&J .5s Water 1948.. J&D6 s Ref 1928........... J&J
Richmond 5s ’20 to ’22.J&J b 4.80 4 70® 4Ms Pub Imp 1949..J&J b 4.80 4.70*5 4Ms St&PkltdSep’29.J&J b 4.80 4.70^4s 1920 to 1930---------- J&J b 4.80 4.70%4s 1938 to 1943.............J&J 6 4.80 4.70®4s 1924........ J&J b 4.80 4.70*54s Jan 1 1926------------J&J b 4.80 4.70*54s 1938......... ................J&J b 4.80 4.70®
£ 43 1941........................... J&J b 4.80 4.70*55 4s Jan 1 1942........... J&J 6 4.80 4.70*55 4s 1943..........................J& J5 Roanoke 4Ms Ref 1936.J&J 5 4Ms St Impt May 1940..5 4Ms Pub Bldg 1941.M&N
4 Ms Pub Bldg 1944. M&N4.80 4s St Impt 1936____J&J4.80 Stafford Co 5s 1942... J&J4.80 Tazewell Co 5s 1923-46.J&J4.80 WASHINGTON4.80 Aberdeen 5 M s ’22-’31..J& D4.80 Bellingham 5s 1920____A&O4.80 Clallam Co— 4Ms 1921 M&N
Clarke Co 5s ’35 op ’25 Jan 14.80 Everett 5s July 15 1931.J&J
90 6 s June 1936...........J&D.90 King Co—5s 1928_____M&S90 5 s C ’t House '33 opt May90, 5s Iload 1935............F & A
.90 4MsHarb opt ’22-’30 Novi 90. Lewis Co 5 3 1923-32 ...M&S
4s Water ’31 op ’2 1 ..J&D Langlade Co 4s’20 to’23Jun1 Madison— 4s Oct 1931 A&O Marshfield 4Ms ’22-’32.J&J Milwaukee 5sl920-1939J&J
58 1 0 2 0 -1 9 3 9 . . ............ I&J4 M s 1 9 2 0 -1 9 3 9 ...........J&J4 M s 1 9 2 0 -1 0 3 9 ______ J& J4 Ms W W Jan ’20-’32.J&J 4 Ms Park 1920-1935..J&J 4s Viaduct 1920 to ’26 J&J 3Ms July 1920 to ’ 21 .J&J
ARIZONA— N a t . ban ks N o v . 17; State in s titu tio n s la test r e tu rn s .
SQgPhoenix—Nat Bk of Arizona. 2 0 0 ,0 0 0 302,471 4,228,499 1 0 0
P er sh a re .
Phoenix Nat Bank. 2 0 0 ,0 0 0 240,197 5,175,907 1 0 0Phoenix S Bk A T r. 1 0 0 ,0 0 0 137,071 2,026,931Valloy Bank........... 500,000 181,079 5,730,909ARKANSAS— N a t. b an ks N o v . 17; State institution* la test r e tu rn s .
Little R ock— Am Ukof CouiATrCoCentral Bank-------England Nat Bank. Exchange Nat Bk. . Lasker-Morris BAT People's 8 av Bank. Bankers Trust C o .. Southern Trust C o. TiulonA VlercTrCo W B VVorthen C o ..
Pino B luff—Citizens' Bank------Cotton Belt SAT Co Merch A Plant Bk. Simmons Nat Bank
Los Angelos—Cal 8 av A Com Bk. C itizen s N a t B a n k . . Commercial Nat Bk Continental Nat— Farmers A Mor Nat F irst N a tio n a l Bank Guar Tr A Sav Bk. Home Sav Bank.. Hibernian Sav Bk Merchants’ Nat Bk Security Nat Bank- Security T rA 8 Bk. Heilman Com T A 8 Citizens Tr A 8 Bk Los Ang Tr A 8 Bk. U 8 National Bank Union Bank A T r..
Oakland— Central Sav Bank.. Central Nat Bank Farmers A Mer Bk First National Bank First Savings Bank. Oakland Bk of 8 av State Havings Bank
Pasadena—First Nat Bank___Nat Bk of Pusadona Security Nut Bank. Union Nat B an k ... Nat Bk A lT C o . . .First Tr A 8 B.........Union Tr A Sav Bk
Sacramento— California Nat Bk California Tr A 8 B Farm A Mech 8 Bk N B D O Mills A Co People’s Sav Bank Sacramento Bank.
San Bernardino California State Bk Farmers’ Exch Nat
Merchants’ Nat Bk San Diego Sav Bk. Secur Comm A 8 B Union Nat Bank - UnltedStatesNatBk Southern TrA Com
merce B a n k -----San Francisco—
American Nat Bank A n j lo -L o n d o n -P a r is
N a tio n a l B a n k— Bank of Calif, N A.Bank of Italy-------Columbus S A LSoc Crocker Nat Bank. Don’hoe-Kelly BCo First National Bk French-Am BkofSav San Fran S A L Soc Humboldt Sav Bk
t-Amer Bank
Security Sav Bank Wells Far Nev Nal Anglo-Callf Tr Co. First Federal Tr Co Union Trust C o.
San Jose—Bank of San Jose.. First National Bank Security Sav Bank Security State Bank Gard C Bk A Tr Co
Stockton—City Bank.........Comm'l A Sav Bk. First Nat Bank------
Colorado Spgs— Colorado Sav Bank Colorado Sngs N B Exchange Nat B k .. First National Bank Colo Title A Tr Co.
Denver—Central S Bk A T r.City Bank________Colorado Nat Bank Denver Nat Bank Denver Stk Yds Bk Drovots State Bk. First National Bk. Hamilton Nat Bank Merchants B k ...U S National Bank. Amer Ilk A Tr C o . Illherula BkATrCo Guardian Trust Co Home Sav A Trust. International Tr Co Interstate Trust Co
CONNECTICUT— N a t. ban ks N o v . 17; State in s titu t io n s la test r e tu rn s .
Bridgeport— City National Bank Connecticut Nat Bk First Bridgeport N B Bridgeport Tr C o .. Amer Bk A Tr C o .. West Side Bank—
Hartford—Am lndus’1 BATCo c ity Bk A Tr C o— Colonial Nat Bank. Conn River Bkg Co First National Bank Ilartford-Aetna NB Phoenix Nat Bank State Bank A Tr Co United States Bank Fidelity Trust C o .. Ilartford-Conn Tr
C o __________RIversidoTrust C o.Security Tr C o------Travelers B A TrCo
New Haven— Bway Bk A Tr C o. Flrst National Bank Mechanics’ Bank.. Merchants’ Nat Bk New Hav Bk N B A Nat Tradesm’s Bk. People a Bk A TrCo Second Nat B auk.. Un A N Hav Tr Co
•Sale prlco. a Doc. 18 1919. r ^iDltal IstobeIncreased. *Ex-dlvldond. H Ex-rlghts. (M ay 12 1919. rJuno 30 1919. n Aug. 22 1919. r Feb. 19 1919. • April 18 1919.
e Includes First Fed. Tr. Co. stk. • Sept. 12 1919.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
56 BANKS AND TRUST COMPANIES [Vol. 110Where Names are Printed in Ita lic , Fuller Returns may he Found In the Advertising Colum ns
o p COLUMBIA.— NoL bonis N o v . 17; oth er in s ts . la test r e tu rn s .W ashington—
American Nat B k .. Columbia Nat B k._ Commercial Nat Bk flank of Com <fe Sav District Nat B k . . . Dupont Nat Bank- Farm <fe Mech Nat Federal Nat B k . . . Franklin Nat Bk. Llncoln Nat Bank Merchants B ank.. Nat Bank of Wash Nat Capital Bank Nat Met B a n k ... .Biggs Nat Bank___Second Nat B ank.. Secur Sav&Com Bk Amer Secu 4 Tr Co Continental Tr C o. Nat Say 4 Tr C o .. Munsoy Trust C o ..Union Bar Bank___Union Trust C o .. UnltedStatesSavBk Wash Loan 4 Tr Co
Boise City Nat Bk First Nat of Idaho. Pacific Nat Bank. Overland Nat Bank
250.000300.000300.0001 0 0 .0 0 0
275,842i 6,331,830 410,0271 5,480,426
91,690 2,529,407 79,579 2,059,430
1 0 0 ..1 0 0 . .1 0 0 . .1 0 0 . .
d Au* i qVo*3" ^^day 12 1919, 5 Capital to be Increased.aAU.3.31 1919. eJune 17 1919. n Dec. 18 1 9 1 9 . "
Aurora—Aurora Nat Bank.. First Nat Bank..Amer. Nat Bk____Merchants Nat Bk Old Second Nat Bk Aurora Tr 4 Sav Bk
C hicago—Aetna State B ank.. Amer State Bank . Atlas Exch Nat Bk. Austin State Bank. Calumet Nat Bank Capital StateSavBk Central Mfg Dls Bk C on t A C om N a t B k . C orn Exch N a t Bank Cosmopolitan St Bk Depositors State Bk Drexol State Bank Drovers Nat Bank. Englewood StateBk First National Bk. First Nat Euglew’d Foreman Bros BgCo Ft Dearborn N Bk Garfield Pk St S Bk Halsted St State Bk Hyde Pk State Bk. Irving Park Nat Bk Kaspar State Bank Krause StateSavBk Lake View State Bk Lawndale State Bk Lincoln State Bank L ive Stk Ex N a t B k . .Mad 4 Kod StateBk Mech 4 Trad St Bk N a t Bk o f R e p u b l i c . . National City Bank Nat Produce Bauk North Avo State Bk NoSldeStateSavBkNoel State Bauk__Ogden Ave State Bk People’s Stock Y ’ds
State ________Phillips State Bank PIoneerStateSavBk Reliance State Bank Roseland State S Schlff State Bank Second Secur’ ty BkSecurity Bank____So Chicago Sav Bk South Side S ta te ... State Bk of Chicago Stock Yds Sav Bk. Union Bank of Chic United State Bank. WashingtonPkNBk West Englewood—
Ashland State Bk West TownState Bk Central Tr Co of 111 ChlcClty B k4TrC o Chicago Tr Co . .Cont 4 Com T 4S L Drovers Tr 4 Sav Bk First Tr 4 Sav Bk.Ft Dearb Tr 4 S Bk Franklin Tr 4 S Bk Great Lakes Tr Co Greenebaum Sons
Bank 4 Trust Co Guarantee Tr 4 Sav Harris Tr 4 Sav Bk Home Bk 4 Tr C o. Illinois Tr 4 Sav Bk Kenw’d Tr4Sav Bk KImbell T r& S B ._ Lakevlow T 4 S Bk Liberty Tr 4 S Bk. Lincoln Tr 4 Sav B Market Tr 4 S av .. Mercantile Tr4Sav Merchants L4TrCo Michigan Av Tr Co Mid-City Tr 4 S Bk Northern Tr Co Bk Northwn Tr 4 S Bk People’s Tr4Sav Bk Pullman Tr4SavBk Sheridan Tr Sav Bk Sou West Tr 4 Sav. Stand’d Tr.fcSav Bk Stockraen’sTrS4 BkUnion Trust C o__W Side Tr 4 Sav Bk W oodlawnTr4S Bk
Elgin—Elgin Nat Bank. _First Nat Bank____Home Nat Bank__Union Nat B an k ... Elgin City B’k’g Co Home Tr 4 Sav Bk
Peoria—Central Nat Bank. Commercial Nat Bk Dime Sav 4 Tr C o.First Nat Bank____Homo Sav 4 State. State Tr 4 Sav Bk. Merchants 4 III NB First Tr 4 Sav Bk.
Q uincy—Illinois State Bauk. Quincy Nat Bank.. Ricker Nat Bank.. Mercantile Tr 4 S B
> h a re .V3001/160t/3001/2001/1601/2001/210sh a re .
INDIANA— N a t . ban ks N o v . 17; State in s titu tio n s la test r e tu rn s .
Bvansvllle— Citizens’ Nat Bauk City National Bank MeroantlloCoin’ l Bk North Side B ank.. Old State Nat Bank West Side B an k ... Am Tr A Sav Bauk Citizens Tr A 8 Bk.
Fort W ayne— first A Ham Nat Bk Lincoln Nat Bank. Old Nntlonal Bank. Citizens’ Trust Co. People’s Tr A Sav Co Tri-State L A Tr Co
Indianapolis— Commercial Nat Bk Continental Nat Bk Fletcher-Am N Bk. Indiana Nat Bank Live Stock Exch Bk Merchants' Nat Bk National City Bank People’s State Bank Aetna Tr A Savs Co Bankers Trust C o. farmers Trust C o. fidellty Trust C o .. Fletcher Sav A T r. Indiana Trust C o .. State Sav A Tr Co Security Trust Co. Union Trust C o .. . Wash Bk A T rC o .
Terre Haute—Ilrst National Bank
[cKeen Nat Bank Terre Haute Nat Bk Tern) Haute Trust. United States Tr Co
IOWA— N a t . ban ks N o v . 17; State in s titu t io n s latest r e tu rn s .
B urlington— Amur Sav Bk ATrCo Burlington Sav Bk. first National Bank (owa State Sav Bk. Merchants’ Nat Bk
Cedar Rapids— Ced Rapids Nat Bk Ced Rapids Sav Bk (owa State Sav Bk. Merchants’ Nat Bk People’s Sav Bank. Security Sav Bank. Amer Tr A Sav Bk.
C ouncil B luffs- City National Bank Commercial Nat Bk Conn Bluff Sav Bk first National Bank State Savings Bank
Davenport— Amer Com Sav Bk. Davenport Sav Bk. first National BankRomo Sav Bank___Iowa Nat Bank------Security Sav Bank. Scott Co Sav Bank. Union Savings Bk. Citizens’ Tr A S Bk
Des Moines— Bankers Trust C o .. Cap City State Bk. Central State Bank Commercial Sav Bk Des Moines Nat Bk Dos M o Sav BkATr First Trust A S Bk. Romo Savings Bank Iowa Tr A Sav Bk. [owa National Bank Mechanics’ Sav Bk People’s Sav Bank. University State Bk Valley Nat Bank..Valley Sav Bank__(owa Loan A Tr Co
D ubuque— Citizens’ State Bk. Dubuque Nat Bank Dubuque 8av Bank First National Bank Pioneer Tr ASav Bk Union Tr A S Bank (owa Tr A Sav Bk. ■econd Nat Bank..
Sioux City— Continental Nat Bk First National Bank Iowa State Sav Bk. Live Stock Nat Bk. Nat Bank of Coram Northwest Nat Bk. Security Nat Bauk. Woodbury Co S Bk Farmers’ L A Tr Co
S u rp lu s C ross C a p ita l . A P r o f its . D e p o s i t s . P a r . B id . A s k .
MAINB— N a t . ban ks N o v . 17; State in s ti tu t io n s la test r e tu rn s .
Bangor—First National Bank Merchants’ Nat Bk Eastern TrABkg Co Merrill Trust C o—
Portland— Canal Nat Bank— Chapman Nat Bank First National Bank Portland Nat Bank Fidelity Trust C o .. Casco-Merc’nttle Tr Union S D A Tr Co U S Trust C o ...........
MARYLAND— N a t . ban ks N o v . 17; State in s titu t io n s la test r e tu rn s
American Bank — 300,000 200,742 3,411,766 100Balt Comm’l Bank. 500,000 171,914 3,603,345 100Calvert Bank . 100,000 119,470 5,471,679 50Canton Nat Bank! 100 [OOO 54,000 1.879,000 100 Citizens’ Nat Bauk 1.000,000 2,924,763 22,760,976 10Cominonw’lth Bank 200,000 158,427 4,240,055 50D N lt&l S hanlC8' 600,000 649,887 13,796,087 100Farm A Mor N Bk. 650,000 342,000 4,900,000 40Mercantile B ank.. 100,000 145,197 2,733,979 25Morch-Mech 1 stNat 2,500,000 2,238.747 37 628,710 Nat Bank of Baltlm 1,210,700 722,804 13,305,982Nat Bank of Comm 750,000 1,110,791 10,418,236 Nat Cent Bk of Balt 400,000 378,730 3,071,748Nat Exchange Bank 1,500.000 1,243,427 12,284,915
P er140280
sh a re .130330
300P er share
— .........r e tu rn s .
P er•111
s h o r t .
•101• 40• 89 X*206*45
.........
* 31 *180 .........
•38 %*133 \i •164
* Sale price • Includes one-half share of Kent. T it . S . B . A T r. 1919 t Includes debentures. * Sept. 12 1019. v Last sale. 1919. b New Stock. a Unified Includes Fid. & Col. Tr.
[u.tfvuuk. j Ex-dividend n Aug. 31 1918. rN ov .• Juno 17 1919. /C om m on , a Preferred, d Dec. 21 1918.
• Apr. 1 8 t June 3 °
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
58 BANKS AND TRUST COMPANIES [ V o l . 1 1 0
Where Names arc Printed in Italics Fuller R eturns may be Pound In the Advertising Colum ns
MARYLAND— (C ontinued.)
Balt. (C o n .)— Nat MarlLte Bank,Old Town Nat Bk Park Bank________
Western Nat Bank. Baltimore Trust C Colonial Trust Co_ Commerce Tr C o .. Continental Tr Co. Fidelity Trust C o_.M ’dl’d Tr C o.........Merc Tr A D o p ... Equitable Trust C~ Safe Dep A Tr Co._ Title Gu A Tr C o .. Onion Trust C o___
Prederlck — Citizens’ Nat Bank Comra’ I State Bank Far A Meed Nat Bk Franklin Sav Bank. Fred’k Co Nat Bk. Fr’k Town Sav Inst Central Trust Co__
Capital.S u rp lu s
A P r o f its .C ross
D e p o s i t s . P a r . B id . dot.S $ S Per sh a re .400,000 260,499 3,893,001 30 *41 1,000,000 770,407 5.592,528 100 *153250,000 101,830 2,803,271 10 *14120,000 41,474 1,774,729 10
HASSACHUSETTS— <Va t .b k s .( « x c . B o s to n ) W ov. 1 7 ; Stats in s l . la test r e t ’
r*tB o»ton —Back Bay Nat____Beyiston Nat Bank Citizens Nat Bank. Commercial Nat Bk First National Bank Fourth-Atlantic
Nat Bank_____Mattapan Nat Bk Merchants’ Nat Bk Mat RockBk of Ros Nat Security Bank. Nat Shawraut BankS a t U n io n B a n k___People’s Nat, Roxb Second Nat Bank.. Web A Atlas N Bk. American Trust Co Beacon Trust Co._ Boston S Dop A Tr Charlestown Tr Co Columbia Trust Co Comm’w’lth Tr Co. Cosmopl’n Tr C o .. Dorchestor Tr C o.Equltable Tr C o__Exchange Trust Co Federal Trust C o .. Fidelity Trust C o .. Hanover Trust Co.Hub Trust C o_____Hyde Park Tr C o .. International Tr Co Jamaica Plain Tr . Liberty Trust C o .. Market Trust C o .. Ma3sachus’ ts Tr Co Metropolitan Tr Co New Eng Trust C o. Old Colony Tr C o .. Prudential Tr C o .. Puritan Trust C o .. South Boston Tr Co State St Trust C o .. Tremont Trust Co.n S Trust C o_____WInthrop Tr C o ..
Beverly—Beverly Nat Bank. Beverly Trust C o ..
B rockton— Brockton Nat BankHomo Nat Bank__Plyra’ th Co Tr Co.
Cam bridge— Cambridge Tr C o .. Central Trust C o .. Charles Rlv Tr Co. Harvard Trust Co.
B. Cam bridge— Lechinere Nat Bank
Fall River—Fall Rlv Nat Bank. First Nutlonal Bk. Massasolt - Pocasset
Nat Bank______Metacomet Nat Bk/ Durfeo Tr C o ..
F itchburg— FItchb’g Bk ATrCo Safety Fund N Bk.
G loucester— Cape Ann Nat Bk Cape Ann Sav Bank Gloucester Nat Bk. QIou S D Tr C o . . .
Haverhill—Essex Nat Bank__First National Bk. Haverhill Nat B k .. Merrimack Nat Bk Haverhill Trust Col
D ep o s its f b a n k s da e D e c . 27 1 919 P e shar200,00 0 42,58 2 e845,53 9 . . .700,000 n423,41 1 7,927,000 100 125 135a 500,000 290,099 e l ,034,25 5 100 *152).£ ____250,00 0 335,938 2,700,00 ) 100 1007,500,00 0 20,490,905 10293000 9 100 555 000
MlCHIQAN— S a t . banks S o n . 12; State in s titu t io n s la tes t r e tu r n s .
Bay City—Bay City Bank____People’s Commer
cial A Sav Bank
Detroit—Amer State Bank..Bank of Detroit__
entralSav Bank. Coin’weal th Federal
Savings B ank.. Detroit Sav Bauk..Dime Savs Bank__P irst A Old S a t B k .First State Bank___Merchants’ Nat Bk Nat Bk of Com’ce. Peninsular State Bk P eo p le ’ s Stale B a n k . United Savings Bk. WaynoCoUoSavBk Detroit Trust C o .. Security Trust C o. Union Trust C o___
Grand Rapids—City Tr A Sav Bank Coin’clal Sav Bank Fourth Nat Bank.. Or Rap Nat C ’y Bk Gr Rapids Sav Bk. Kent State Bank.. Old National Bank. People’s Sav Bank. Grand Rapids Tr Co Michigan Trust Co
Saginaw—Bank of Saginaw.. Commercial Nat Bk Amer State B ank.. People’s Sav Bank- Second Nat Bank..
P er sh a re .927,541 15,959,527 100 *375110,417 1,307,304 100 *200138,070 2,950,000 100 *21013 4,009 2,284,000 100 *213853,097 9,013,397 100 *275
12 1919.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
Jan., 1920.] BANKS AND TRUST COMPANIES 59
Where Names are Printed in italics Fuller R eturns may be Found in the Advertising Colum ns
MINNESOTA—Am. banks N o v . 17; 3tau in s titu tio n s la tes t returns. MONTANA— N a t. ban ks N o v . 17; State in s ti tu t io n s la test r e tu rn s .
C a p ita l .
D uluth —Amor Exch Nat Bk City National Bank First National Bank Northern Nat Bank
M lnneapolis- Bankers Nat Bank FirstASecur Nat Bk North Amor Bank. Hennepin Co Sav Bk Mercantile State Bk Merch A Mfg St Bk Metroo Nat Bank. Midland Nat Bk . . Minneapolis Tr G'o. Northwest Nat Bk. St Anth’y Falls Bk South Side State Bk Union State Bank. Miun L’n A Tr C o
s t . Paul— American Nat Bank Capital Nat Bank.Central Bank_____First National Bank Merchants’ Nat Bk Metropolitan Bank Nat Bank of Comm Nat Exch B an k ... Htock Yards Nat Bk
B utte—First Nat Bank------Miners SBk ATCo Sllvor Bow Nat Bk. Daly Bank A Tr Co
Helena—Amor Nat Bank— Nat Bk of Montana Montana Tr ASaBk Conrad Tr A S Bk. Union Bk A Tr C o.NEBRASKA— N a t . banks N o v . 17; State in s ti tu t io n s la test r e tu rn s .
sh a re .100160
250140175145220
L in co ln —Central Nat Bank.City Nat Bank____
Irst Nat Bank____First Sav Bauk------Nat Bk of Coin'co.
Omaha—Corn Exch Nat Bk.First Nat Bank------Live Stock Nat Bk. Merchants' Nat Bk Nebraska Nat Bank Omaha Nat Bank.. Packers Nat Bank- Stock Yds Nat Bk.State Bauk______U S National Bk._
Jackson—
Vicksburg-
500,000 282,323 1,727,103t . banks N o v . 17; State in s titu t io n s la test r e tu rn s .
200,000100,000200,009250.000
) 150,000C 100,000
300.000 < 100.000
240,437217,592
80,07491,44114,91259,491
223,594475,440
2,574,5291,010,7301,811,6033,718,919
987,380443,986
2,321,3382,073,928
100100
P er th a r t .
25100100100
25150150400
jioo '
MISSOURI— lYal. ban ks N o v . 17; State in s titu tio n s la test r e tu rn s .
Kansas C ity— Central Exch Bank City Bank of K C . Columbia Nat B k .. Com’wealth Nat Bk Continental Nat Bk Drovers’ Nat BaukFirst Nut Bank------Gate City Nat Bk Int-Stato Nat Bank LIto Stock State Bk Merchants’ Bank Metropolitan Bank. Midwest N B & Tr Nat Reserve Bank New Eng Nat Bank Produco Exch Bank Security Nat Bank. Nat Bank of Comm Traders’ Nat Bank.State Bank-----------Stock Yds Nat Bk. Western Exch Bank Westport Avo Bank Citizens Sav Tr Co. Commerce Tr Co . Fidelity NatBk&Tr Guaranty Trust Co. Liberty Trust C o .. MercautlleTr C o .. Peoples Trust C o .. Pioneer Trust C o ... Fidelity Savs Tr Co
St. Joseph— Burues Nat Bank..First Nat Bank____Amer Nat Bk.........St Jos Stk Yds Bk. Tootle-Lacy N Ilk Missouri Val Tr Co
St. Louis—Baden Bunk_____Boatmen’s Bank..Bremen Bank-------Cass Avermo Bank Central Nat Bank Chippewa Bank..First Nat Bank------Franklin Bank Grand Ave Bank . Intercut Bank St LJefferson Bank------Jeff-Gravols B k .. . Lafayette So Side Bk Liberty Bk of St Lo Lowell Bank.. Manchester Bank.. Merch Laclede Nat N at B ank o f C n m 'c e . Night A Day Bank Northwost’u Bank. South'd Com A Sav State Nat Bank — United States Bank American Trust Co B'way Sav Tr C o .. Chouteau Trust Co City Trust C o . . . . Easton-TaylorTrCo Farm A Mor Tr C o. Laclodo Trust C o .. Mercantlle Tr C o .. Miss Vail Tr Co . . Nor St L Sav Tr Co Bt L Union Tr C o .. Savings Trust C o .. South Side Tr C o .. Vandeventer Tr Co West St L Trust Co
NEW JERSEY— N a t . ban ks N o v . 17; State in s ti tu t io n s la tes t r e tu rn s .
A tlantic C ity— AtlantlcCltyNatBk Boardwalk Nat Bk. Chelsea Nat Bauk. Second Nat Bauk.. Union Nat Bank— Atlantic S D & T r Co Guarantee Trust Co Equitable Trust Co Marine Trust C o ..
Bayonne— Bayonne Trust Co Mechanics’ Tr C o ..
B ridgeton— Bridgeton Nat Bk. Cumberland Nat Bk Farm A Mer Nat Bk Cumberland Tr Co.
Camden— Camden Nat Bank.First Nat Bank------National State Bk Camden 8 1 )4 T Co Broadway Tr C o .. Central Trust C o .. Merchants’ T r C o .. Security Trust C o. West Jersey Tr C o.
East Orange— East Orange Bank. Sav Inv A Tr C o— Essex County Tr Co
Elizabeth— Ellzabethport B Co National State Bk. Elizabeth Tr C o— Union Co Trust Co
H oboken—First Nat Bank------Second Nat Bank.. Columbia Tr C o— Hoboken Trust C o. Hudsou Trust C o .. Jefferson Trust Co Steneck Trust Co . Trust Co of N J . .
Jersey City— Claremont Bank— F irst N a tio n a l Bank Hudson Co Nat Bk Merchants’ Nat Bk Comm'l Tr N J — Greenv Bk A Tr Co Lincoln Trust C o. Mercantile Tr C o.N J T Oil A Tr C oUnion Trust C o—
Long Branch— Cltlzons’ Nat Bank Long Branch BkgCo
Morristown— First Nat Bauk — National Iron Bk. American Trust Co Morristown Tr Co
Mt. Holly—Mt Holly Nat Bank Union Nat Bank— Farmers’ Trust C o.
Newark— American Nat Bank Br'd A Market N BMfrs’ Nat Bank__Merchants’ Nat Bk Nat Newark AEssex
Bkg C o________National State Bk. North Ward Nat B Union Nat B ank..City Trust C o____Clinton Trust C o .. Federal Trust C o .. Fidelity Trust C o.
P er sh a re .3,903,232 1001,'423,000 1002,443,940 100 . --2,879,0411,771,522 1004 J 59,038 1003,380,9541,968,4122^870,173 1004,821,173 100 1258,899,026 50 148 —2,040,5552;288i2101,233,376 1001,519,515
P er sh a re .5,577,571 100 2505,320,741 100 *220 ____8,247,707 100 *231 M ____
V Capital to be Increased.•Sale price, r Capital paid in; authorized amount is larger, o Amount paid in. k New stock * . rT,iW30ini9 i Includesi Apr. 23 1919. s Sept. 12 1919 n Including Hdelity Snr. A Tr. stock. I Last sale, r May 12 1919. s July 12 1919. tJune 30 1919. ’ meiuaeuMinn. L. A Tr. stock, d Dec. 10 1919.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
60 BANKS AND TRUST COMPANIES [Vol. 110.Where Names are Printed in Italics Fuller Returns may be Found In the Advertising Colum ns
Newark (C o n .)
5pr’g f’ld At Tr Co! Washington T
Passaic—
Paterson-
Frauklln Truat Col
d 8 Trust C o.P lainfield—
City Nat Bank____First Nat Bank__Plainfield Trust Co State Trust Co____
T ren ton—Broad 8t Nat BankFirst Nat Bank_.Mechanics’ Nat Bk Trenton Bkg C o._ Mercer Trust C o .. Trenton TAS D Co
C a p ita l ,S u rp lu s I C ross
Jk P ro fits D e p o s i t s . P a r B id . A sk .
% $ S P er100,00] 30,901 1,159.48C 100 1152)0,000 20.00C 1,829,091 100 105100,000200,000
01,637143,177
2,719,9012,122,309
100100
130165
—200,000 400,587 6,891,715 100 300250.000100.000
P er678,090205,901
7,802,8342,573,278
100100100,000 110,942 3,368,092 100
200,000 P er sh a re .561,417 4,791,066 100100,000 107,109 2,370,831 100200,000 385,987 7,884,718 100200.000 400,197 6,451,759 100500,000 P er sh a re .713,719 0,215,107
National Bank__ Chelsea Exch Bank C h em ica l S a t B a n k . Citizens’ National. City Bank, Nat’ l . . C oa l .6 I r o n S a t B k . Colonial BankColumbia Bank___Com’ce, Nat Bk of Commer’l Exch Bk. Commonwealth Bk Continental Bank.. Corn Exchange Bk. Cosmopolitan Bank East River Nat Bk. Fifth Avenue Bank Fifth National Bk.Flrst Nat Bank____Garfield Nat Bank. Gotham Nat Bank. W R Grace A CoBkGreenwich Bank___H a n o v er S a t B a n k . . Harrlman Nat Bk. Import A Trad Nat
Brooklyn—Bank of Coney Isl’d First National Bk Greenpolnt Nat BkHlllslae Bank___Homestead Bank. I Mechanics’ Bank Montauk Bank "Municipal Bank’ ”Nassau Nat Bank.North Side Bank..People’s Nat Bank.Ridgewood Nat Bk Brooklyn Trust Co.Franklin Trust C o.Hamilton Trust Co Kings Co Trust C o. Manufact’rs’ Tr Co People’s Trust C o ..
B uffa lo—Bank of B u ffa lo ... 2,500,000 Lafayette Nat Bk. 750,000Liberty B a n k ------ 1,500,000Manuf A Trad Nat 2,000,000 Marino Trust C o .. 7,500,000People a Bank------- 600,000South Side B k ____ 100,000Buffalo Trust C o .. 300,000 Cltlz Com ’l Tr C o. 1,250,000 Fidelity Trust C o .. 1,000,000 Elmira— ’
Merchants’ Nat Bk 2 3 0 ,0 0 0Second Nat B ank.. 400,000Chemung Can T Co 600,000
New York C lty- •re o f date D e c . 1919 f o r N a tio n *1 b an ks and m a y be f o u n d in
America, Bank o f . , tm Exch Nat Bank Atlantic Nat Bank- Bank of C uba.. Bank of U S .. Battery Pk Nat BkBowery Bank_____Broadway Cent Bk Bronx Borough Bk. Bronx Nat Bank. Bryant Park Bank. Butch A Dror Nat. ChaseNatlonal Bk. Cent Mercantile Bk
200,000500.000200.000 100,000 200,000
1,600,000100,000200,000
1,000,000200,000200,000100,000
1,800,0001,000,000
800,000800,000
1,000,0001,200,000
D ep o s i ts o f 27 1919.
al a n d D ec tru st c o m p o u r “ Ry
1.500.000 8,000,000 1,000,000
100,0001,000,0001.500.000
250.000100.000150.000200.000 200,000300.000
ft10000000100.000
332,987105,770257,947
78,682333,463271,274132,229
133,700739,900261,50067,269
108,4001,139,900
58,91787,200
1,279,994207,200226,744200,100
2,650,750
2,452,7022,153,3804,366,792
1,834,1352,757,7904,612,2145,034,090
P er | share
3,193,00010.599.2003.685.400 1,693,900 2 700 200
36.978.200 1,788,294 1,565,300
15,383,7006,516,7005,020,2175.700.400
37,744,025
100100
1,326,700,25,278,1001,048,2002,868,800
925,8701,635,400
2,753,449251,902
1,177,7072,182,3769,828,824
913,41027,374
500,0001,519,9171,124,193
130,179588,204585,697
8,500,70024.941.300 31,784,41934.304.300
S . Y . C ity S u rp lu s an 12 f o r State a n ie s in S a n d I n d . ' 7,304.300 6,325,020 1,058,379
International Bankl 500,000 Irving National Bk] 6,000,000 Liberty Nat Bank.| 5,000,000 Lincoln Nat Bank. ' ‘ ManhattanCo.Bkof Mech A Metals
National B ank..Merchants’ Nat Bk Metropolitan BankMutual Bank_____Nemeth State Bk .Now Neth’ land Bk.N Y Co Nat Bank.N Y N B A, Bk o f.Paclflc Bank______Park Bank, Nat__Produce Ex Bk.N YProgress Bank___Public Nat Bank_Republic Bank____S eab oard S a t B a n k_Second Nat Bank..Standard Bank____State Bank_______Twenty-third W Bk Union Exch Nat Bk Wash H’ts, Bank of Westchester Ave BkYorkvllle Bank____American Trust Co Bankers Trust C o ..Central Union Tr
CoColumbia Trust Co Commercial Tr C o.Empire Trust C o ..Equitable Trust Co Farmers’ L A T C o.Fidelity Trust C o ..Fulton Trust C o__Guaranty Trust Co Hudson Trust Co..|Irving Trust Co . . .Italian Discount A
Trust C o____ JLawyers’ Title A
Trust C o_______Lincoln Trust C o ..Mercantile T ru st.. Metropolitan Tr Co N Y L Ins A Tr Co Now York Trust Co Title Guar A Tr Co U S Mtgo A Tr C o.U S Tr Co of N Y .
J a m a ica , L . I .—Bank of Long Isl’d - 1,200,000 First Nat Bank____ 100,000
R ochester—Alliance Bank_____ 1,000,000Central Bank......... 300,000Citizens B an k ____ 250.000Merchants’ B ank.. 500,000 Lincoln Nat Bank. 1,000,000 Nat Bank of Comm 750,000 Traders’ Nat Bank. 500,000Fidelity Trust C o .. 500,00 )Genesee Vail Tr Co 400,OGt Roch Tr A S D C o. 500,000 Security Trust C o. 300,000 Union Trust C o . . . 1,000,000
ClfyyB a n k T r C o ... 1,500,000 Merchants’ Nat Bk 300,000 Salt Springs Nat Bk 600,000 Third Nat B a n k ... 300,000 First Tr A Dep C o . 2,500,000 Syracuse Trust C o . 1,500,000
T roy—Manufac’rs Nat Bk 150,000 National City Bank 300,000Nat St Bk of T roy. 250,000People’s Bank......... 100,000Union Nat Bank__ 300,000United Nat B ank.. 240,000 Security Trust C o . 200,000 Troy Trust C o____ 200,000
1,310,001) 24,193,400 10079,700 3,319,800 100........ .......P e r s h a r e .831,579 14,208,732 100 185 225380,170 8,075,450 100 215 225152,820 2,258,387 100 125 140495,127 9,127,925 100 180 2002,131,701 18,989,020 100 225 235909,303 11,030,095 100 155 105411,887 8,008,229 100 150443,839 8,933,978 100 175529.472 7,098,705 100 110945,57122,417,723 100 350 500802,119 15,470,291 100 500580,507,13,401,003 100 145 150
P e r s h a r e .881,270:15,427,198 100 200 205339,2411 2,372,090 100 207 210302,909 4,351,229 100 290 2101308,440112,794,104 100 150 1701,002,709 32,435,899 100 230 2351,140,21721,084,553 100 280 525P e r s h a r e .745,337 13,303,972 100 523315,097 5,021,172 100 170 172451,711 3,022,250 100 213 220150,702 1,139,144 100 214 216117,433 3,520,072 60 110 ;i6455,704 822,538 100 295 100185,820 3,578,891 100 105 17572,207 2,448,951 100 P5 98
♦ Sale price. h New stock. nN ov. 12 1919.
Cap^Italto be Increased. x Ex-dlvldend. c May 12 1919.o Nov. 17 1919 p Tr. ctfs. Includes 1-2 share Irving Trust Co. » Ex-riirhts" tSee Irving Nat. Bank, a Includes Foreign Branch Deposits, v Sept. 12 1919. '
e Dec. 27 1919. 1 Last salo.r April 11 1918.
t Juno 30 1919 ’ d April 24 1018-
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
Jan., 1920.] BANKS AND TRUST COMPANIES 61W here Names are Printed In Italics Fuller Returns may be Found In the Advertising Colum ns
NEW YORK—(Concluded.)
Capital.
Utica—first Nat Bank---- j)neida Nat Bank.. Jtlca City Nat Bk. Oltlzens' Trust Co. Jnelda Co Tr Co.. ItlcaTr A Dep Co.
Watertown— JIty National Bank fefforson Co Nat B Watertown Nat Bk forth’n N Y Tr Co Westchester Co
t i t V ern on— 1st N .Mt Vernon Tr Co
f e t o R och elle—Nat City Bank. North Are Bk— Huguenot Tr Co N Rochelle Tr Co
i e e in in o —1st Nat.Osalning Nat Bk.
• sekskill—Westch Co Nat..
f le a e a n tv v i l le—Mt Pleasant Bk.
Pert Cheater— 1st N Mutual Trust Co
S te— Rye Nat Bk.. T a rry tow n Nat Bk. W hite P la in e—
Citizens Bank__Cent Bk West Co County Trust Co First Nat Bank.,
fsnisrs— 1st Nat.. Yonkers Nat Bk. Westches’r Tr Co
■ORTH CAROLINA— N a t .b k e . N o v . 17; S(a(« in s titu t io n s la test r e tu rn s
Charlotte— Charlotte Nat Bk.. Commercial Nat Bkfirst Nat Bank___VIer A Farm N Bk. People’s Bk & T r..Onion Nat Hank__American Trust Co (ndepend'co Tr Co.
Durham— Citizens’ Nat Bank fidelity Bank...first Nat Bank___Borne Bay Bank__Merchants’ Bank..
Greensboro— Amor Rich Nat Bk Greensboro L A Tr. Greensboro Nat BkTextile Bank___
tfORTH DAKOTA—N a t . banks N o v . 1 7 ; State in s titu tio n s latest r e tu rn s .
Fargo—Dakota Sav B ank.. Fargo National Bk.First Nat Bank____Merchants Nat Bk. Northern Hay Bank dcand-Amer Bk___
100,00030.000
300.000100.000 100,00050.000
27,09119.224
284.341151,09239,02916,787
830,194752,452
5,875,7152,336,3181,881,9951,241,441
100100100100
P er share
O H I O — N a tio n a l ban ks N o v . 17; State in s titu tio n s la test r e tu rn s .
Canton—Central Bar Bank..City Nat Bank___Dime Bar Bank__First Nat Bank___
Cincinnati—Atlas Nut Bank__Brighton BkATr CoGinn BkATr Co__Citizens’ Nat BankCity Hall Bunk___Columbia B A S Co Cosmop Bk A Tr Co C’t I l ’se Hay BankCast Rod Bunk__f i l th -T h ird N a t Bkfirst Nat Bank___Fourth Nut Bank.. Lincoln Nat Bank. Rome Bay Bank Co North Bide Bank, fearl Market Bk... Peoples Bk A By Co Pror By Bk A T Co Second Nat Bank. 4ecur 8 B A 8 D Co 4outh Ohio Bay Bk. 4tk Yds Bk A Tr Co Onion 8 B A Tr Co. fjnlty Bkg A 8 y Co Western BkATr Co Central Tr Co____
Cleveland—Arner Sav Bk Co.- Central Nat Bank. Clark Avo Say Bk. Clev Sav A Loan Co Columbia 8 A L CoF irs t N a t B a n k__Orest C’y S A T Co
Garfield Say Bk Co Lorain St Say BkCo National City Bank Nat Commercial Bk Pearl S tS A T C o .. United Bk A Sav Co Union Commerce
Nat Bank___B’way Say A Tr Co Citizens’ 8 A Tr Co Cleveland Trust Co First Tr A 8av Bk. Guardian Sav A Tr Home Sav A Trust. L Sh Bkg A Tr Co. State Bkg A Tr Co. Buper’r 8 A Tr Co. . Union Bay A L Co. Woodl’d Ay 8 A Tr
Columbus—Capital City Bank Central Nat Bank Citizens’ Tr A Bay. City National Bk.. Columbus Bay Bk. Commerc’l N Bank Fifth Ave Sav Bk.. Hayden-CUn N B Huntington Nat Bk Lincoln Bay Bk Co. Market Exch Bank Nat Bk of Com’ce. New First Nat Bk. Ohio National Bank State 8 Bk A Tr Co
Dayton—Amer Nat Bk.. City National Bank Dayton Nat Bank. Merchants’ Nat BkThird Nat Bank__Winters Nat Bank City Tr A Say Bk. Dayton Say A T Co
Toledo—Com Say B A Tr Co Dime Sav Bank Co First Nat Bank.. Guardian Tr A Sav Home Sav Bank.. M erAC l’kSBk.. Nat Bk of Com’ce Northern Nat Bk. Ohlo 8 Bk A Tr Co Second Nat Bank. Secur 8 B A Tr Co Spltzer-Ror T A Bk Tol Sav Bk A Tr Co Union Savs Bank.
Youngstown City TrASav Bank Commer’l Nat Bk Dollar Sav A Tr CoFirst Nat Bank__Mahoning Nat Bk Mahoning SATr Co
OKLAHOMA— National banks Nov. 17; State inetitutions latest returns.Guthrie— Per iharw
First Nat B un k ... 100,001 71,377 2,194,108 10C 130Guthrie Sav Bank 25,000 20,221 840 000 10i n oOklahoma State Bk 50,000 9,000 700,000 10( 1 1 0 ........Security State B k . 25,000 0,500 500,000 IOC 105
McAlester— Per shareAmer Nat B ank ... 100,000 17,021 1,821,711 IOC 120City Nat Bank___ 50,000 7,009 605,918 101 115 ____First Nat B of McA 100,000 40,741 2,082,278 10! 120
Muskogee— Per ;h areCommercial Nat Bk 250,000 100,837 4,721,943 1 0 c 115Exchange Nat Bank 150,000 59,750 3,159,870 10( n o _____First Nat Bank___ 500,000 170,477 8,784,919 2( 125Muskogee Nat Bk 200,000 08,111 3,158,910 10( 115 .........
Oklulioma City- /*«r shareAmer Nat B ank ... 800,001 330,524 14,206,995 1 0 c 1 2 0Farmers’ Nat Bk.. 100,000 112,000 3,518,000 lot n o _____First State B ank ... 100,000 34,227 1,947,773 1 0 c 105Guaranty B ank__ 100,000 25,177 1,352,184 100 105Liberty Nat Bank. 300,000 72,709 2,700,727 1 0 0 100Okla.Stk.Yds. N.B. 250,001 380,919 3,043,095 100 n oSecurity Nat Bank 300,001 227,57!) 7,132,113 1 0 c 1 2 0First National Bk 500,000 511,900 13,093,102 1 0 c 130TradesmensStatoBk 200,000 55,790 3,927,434 100 105
Tulsa—Excliango Nat Bank 1,250,000 651,671 28,785,920OREGON— N a tio n a l banks N o v . 17; S(a(« in s titu tio n s N o v . 17.
Portland— P er sh a rt100,000 (19,191 (1,210,905 100
Can Bk of Com’co 300,000 (154,391 (5,418 893 100 198Citizens Bank_____ 100,000 48,477 2,192,727 100 130 135First Nat Bank___ 2,500,000 1,344,569 39,430,194 1 0 c 200 210
100,000 (15,829 (445,077 1 0 cHibernia Sav Bank 200i000 100,597 5.212,401 100 175Ladd A Tilton Bk. . 1.000.00C 1,977,924 20,292,0S4 1 0 c 300Live Stk State 11k. 100.00C 46,147 2,224,140 100 150 175N’western Nat Bk 1,000,000 504,701 27,594,328 100 135Peninsula Nat Bank 100.00C 32,577 1,000,003 1 0 c 130 150
100,001 08,971 3,581,162 1 0 c 200Un States Nat Bk. _ 1,500,000 1,784,349 35,040,384 100 300 ____Security Sav A Tr 250,000 271,001 1 4,124,311 100
• Sale price h New stock 1 Capital to be lacroa ed. p Amount paid In. s Bx-dlvldend. y Last sale, d Theae figures date Aug. 18 1 9 1 9 iDec. 10 1019 r Juno 30 1919. (Sept. 12 1919 « Endorsed stock includes 1st Tr. A Sav. Bk. e Juno 20 1919. « Includes OneidaCo Tr. Co, -1 Clt Un. Com. otfs t Includes trust deposits.
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63 BANKS AND TRUST COMPANIES [VOL. 110Where Names are Printed in Italics Fuller Returns may be Found In the Advertising Columns
PENNSYLVANIA N a t .b i s , ( e s c . P h ila .) N o v . 17; State in s t . la test r e tu rn s .
A P ro fits . D e p o s i t s . P a r . B id . j A
Phlla.— (Con.)G irard T ru st C o___Ouar Tr A 8 D C o. Haddlngt’n TATCo Hamilton Trust Co noltnesburg Tr Co Indus’l Tr T A Sav Integrity Tr C o . . . Kenslngton Tr C o. Lnnd Title A Tr Co Liberty T A T Co. Logan Trust C o . . . Market 8t T A TCo Mauayunk Tr C o ..Merch Un Tr Co__Mortgage Trust Co Mutual Trust C o .. Northern Cent T r. Northern Trust C o. No Phlla Trust Co. No Western Tr Co. Parkway Trust C o. Pelham Trust C o .. Penn Co for Insur
on Lives A Or An Penn W’h’gASD Co People’s Trust C o .. Philadelphia Tr Co Provident Life A Tr Real EstTrCo, com
do do pref Real E s tT I A T r . . Republic Trust C o.
m i ~ i: : : : : i_____I......... I......... I......... I......... I.........I
1031439*19004}*0045
N o m ’ l
500 185 H 302 12112961010045
645427}*.
3597
403629*58}*
24010210180
160148
p r ic e
50
* Sale p r i c e . ____,,___ _______________ „ILast sale, e Nov. 17 1919. a June 2 1918 .-=-------- --- - ■— ........ - -e Increased, i June 23 1919. aSopt, 12 1919.
< June 30 1919. e Dec. 31 1918. h New stock. nN ov. 1 1918. * Ex-dlvIdend)
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
Jan., 1920. BANKS AND TRUST COMPANIES 63
Where Names arc Printed In Italics Fuller Returns may be Found In the Advertising Columns
PENNSYLVANIA—(Concluded.) TENNESSEE— N a t . banka N o v . 17; Stata in a titu tion a lataal reiurm.
(leading—Farmers' Nat Bank First National Bank Keystone Nat Bank National Union Bk Nererslnk Bank— Penn Nat Bank— Reading Nat Bank. Schuylkill Vail Bk. Becoiul Nat Bauk.. Berks Co Trust Co. Colonial Trust C o .. Commercial Tr Co- Pennsylvania Tr Co Reading Trust C o .
Scranton—Amer Bk of Comm Couuty 8av Bank.. Electric City Bank- First National Bank Green Ridge Bank.Keystone Bank------North Scranton Bk Providence Bank.. Peoples 8 A D B k .. Bouih Side Bank — Third Nat Bank— Traders’ Nat Bank. Union Nat Bank — West Side Bank— Anthracite Tr Co._ Lincoln Trust C o._
W ilkes-Barre—Dime Deposit Bank First National Bank Luzerne Co Nat Bk Miners’ Bk of W 11. Second Nat Bank.. Slavonic Deposit Bk W B Dop A Sav Bk Wyoming Nat Bank Wyoming Val Tr Co
W illiam sport— First National Bunk Lycoming Nat Bk. West Brunch N Bk. Williamsport N Bk Northern CentralTr
C o .................3ub<i Tr A 8 Dop Co
York—Central Nat Bank.City Bank-------Drov A Moch N Bk First National Bank Western Nat Bank. York Co Nat Bank. York Nat’l Bank.. Guardian Trust Co Secur Title A Tr Co York Trust C o.
Providence— Blackstone Can Nat Columbus Kxch Bk High Street Bank. Mechanics’ Nut Bk M erch a n ts ' N a t Bk Nut Bank of Comm Nat Exchange Bk._ Pherdx Nut Bank.. Providence Nat Bk Westminster Bank Industrial Trust Co Rhode I IIos Tr Co Union Trust C o ..
W oonsocket— Citizens’ Nat Bank National Globe Bk. Producers’ Nat Bk
Dollar Sav Bank__ 50,000 13,442 471.994 100 150 _ ___First Nat Bank___ 500,000 101,059 3,228,739 too 150Mor A Farm Bank, 100.000 115.000 1,100,000 100 255Southern Trust C o. 60,000 20,729 398,777 too 150
C hattanooga—Amer Tr A Bkg Co ChattanoogaSav Bk First National Bauk Hamilton Nat Bauk Hamilton Tr A S B .
Knoxville—American Nat Bank City National Bank East Tenn Nat Bk. Holstou Nat Bank. Knox Co Bank A Tr Mech Bk A Tr C o .. Third Nat Bank— Union Nat Bank—
Memphis—Bank of CoraAT Co Cent State Nat Bk. First National BankAmer S B A T r------Guaranty Bk A T r. Liberty Sav BkATr Man Sav Bk A T r . . National City Bank No Memphis S Bk. People’s Bk A Tr . . Security Bk A TrCo State Savings Bank Union A Planters’
Bank A Trust Co Union Sav Bank A
Trust C o.............Comm Tr A Sav Bk
Nashville— American Nat Bank Broadway Nat Bk. Central Bk A Tr Co CumberlandVal NB Farm A Merch Bk. First S Bk A Tr Jo. FourthAFIrst Nat B Tennessee Hermi
tage Nat B ank.. Nashville Trust Co State Bk A Tr Co
165150*”115115170160sh a re31020028542516010015015025013080
400250310275sh a re .225220140225
*255110220155
TEXAS— N a tio n a l ban ks N o v . 17; ’ S tate in a titu tion a lateat raturna.
Austin—American Nat Bauk Austin Nat Bank.. State National Bk.
Beaumout— American Nat Bank First National Bank Texas Bank A TrCo
Dallas—Am Exch Nat Bank Central State Bank City National Bank Nat Bk of Comm'ce Security Nat Bank. Dallas Tr A Sav Bk Tenlson Nat. Bank
El Paso—Border Nat Bank..City Nat Bank------First Nat Bauk------State Nat Bauk— Amor. Tr. Sav. Bk. El Paso Bk A T r . . . Rio Gr Val Bk A Tr Security Bk A T r . . Texas Bk A Tr Co Union Bank A T r.
Port W orth— Continental BkATr Farm A Mech N Bk First National Bank Ft Worth State Bk Port W orth N a t Bk Stockyards Nat Bk Texas State Bank.
Galveston—City National Bank First National Bank Texas Bank A TrCo
H ouston—First National Bank Guaranty State Bk Houston Nat Ex Bk Lumber’ns Nat Bk Nat Bank of Comm Peoples State Bank Union Nat Bank— Sou Texas Comrner
clal Nat Bank— State Bk A Tr Co. Bankers Trust C o ..
San A ntonio— Alamo Nat Bank.. City National Bank Frost National Bk. Groos Nat Bank Lockwood Nat Bk. Nat Bk of Comm’ce San Antonio NatBk State Nat B an k ... Central Trust C o .. Cominerc’ State Bk Com’w'lth BAT Co Guaranty State Bk
W aco—Cent Tex Exch Nat Citizens’ Nat Bank First National Bank First State B A T Co Liberty Nat Bank. National City Bauk Provident Nat Bk
P er s h o r t .100 160 185100 150 100100 250N o m in a l p r ice s100 180 ______100100 325100 188 192100 210 225100 125 150100 200 220100 300 315100 140 160100 85 88
P er sh a re .100100100100100100100100100100100
Per sh a re) 10( *170 185i 100*185 - --1 100*212 225) 100*140 150•> 100, *150 1607 10(J *100 1105 lOf 1*240 255
• Sale price, a Capital and surplus to be Increased. * Capital to ne Increased, p Amount paid in * Ex-dlvidend. •ale. d Aug. 311918. a Juno 20 1919. <Juno30 1919. * Sept. 12 1918. g Including First S. Bank A T r. Co. stock.10 1919 c Includes Trust Funds. ? March 4 1919.
« Doc 10 1919. r April
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64 BANKS AND TRUST COMPANIES [ V o l . 1 1 0
Where Names are Printed in Italics Fuller R eturns may be Found in the Advertising Colum ns
iJTAH— N a iio n a l ban ks N o v . 17; State in s titu t io n s la test r e tu rn s .
Ogden— Commercial Nat Bk First National Bank Ogden Sav Bank ~ ' n State Bank.E ree Nat Bank.
Nat Bank___Salt Lake C it y -
Continental Nat Bk Deseret Nat Bank. Deseret Sav Bank. McCornlck A CoBk Nat Bk of Republic National City Bank National Copper Bk Utah State Nat Bk. Utah Sav & Tr C o. Walker Bros, B’kers Zlons 8 Bk A Tr Co
J 00,000 97,887 463,673 100100,000 88,247 1,170,207 too
. . .50,000 100,000 1,054,011 100
.........
VIRGINIA— N a tio n a l banks N o v . 17; State in s titu tio n s la test r e tu rn s .Lynchburg—
First National Bank Lynchburg Nat Bk People’s Nat Bank Lynchburg Tr A 8 B United Loan A Tr Co
N orfolk— Bankers Trust Co._ Citizens B ank.. Marine B ank..Nat Bk of Comm’ce Trust Co of Norfolk N orfo lk N a t B a n k . . Seaboard Nat Bank Virginia Nat Bank.
Petersburg— Petersburg Sav A Tr Nat Bk of Petersb. Virginia Nat Bank.
Richm ond— American Nat Bank Bank of Cora A T r. Broad-Street Bank. Broadway Nat Bk. Central Nat Bk ofR Church Hill Bank.. First National Bank Mach A Merch Bk. Merchants Nat Bk. Nat State A CltyBk Planters Nat Bank. Sav Bank of/Rlchm Union Bk of Richm West End Bank — Old Doinlntou TrCoRichm Trust C o__Virginia Trust C o ..
WASHI NOTON— N a t. b a n k s N o v . 12; State in s titu tio n s la test r e tu rn s .
Seattle—Sauk for Savings.. Canad’n Bk of Com Dexter-HortouN Bk ’’’•rst National Bank Marine Bank . . Metropolitan Bank Nat Bk of Comm’ce Nat Cy Bk of Seatt People’s Sav Bank Scand-Amor Bank. Seaboard Nat Bank Seattle Nat Bank. State Bk of Seattle. Am Sav Bk A Tr Co Union Nat B ank.. Northw Tr A S Bk. Dex-Hort T A 8 Bk Guardian Tr A Sav
Spokane—Bank of M ontreal.. Exchange Nat B k .. Fidelity Nat Bank. Old National Bank Scandlnav-Amer Bk Sook A East Tr Co.Union Trust C o__Washington Tr Co.
Tacoma—Nat Bk of Tacoma. Puget Sd BkATrCo Scaudluav-Arner Bk Tacoma S BATr Co
. First National Bank 100,000 n250,000 n8,000.000 100Stock Growers N B 100,000 294,299. 0,911,727Wyom Tr A Sav Bk 00,000 02,299 727,723 100
WEST VIRGINIA— N a t .b a n k s N o v . 17; State in s titu tio n * la test r e tu rn s .
C a p ita l .Surplus
i* P ro fitsC ross
D e p o s i t s . P a r . B id . A sk .
W heeling— $ % < P er sh a t*
Bank of Ohio Valiev 175,000 39,027 1,040,097 70 83 84Centre WheellugSav Cltlzens’-PeoDles’
50,000 55,971 1,341,494 100 170Trust C o . . ......... 300,000 120,211 1,552,994 100 140Half-Dollar Sav Bk 50,000 140,730 1,575,702 100 227Nat Bank of W Va. 500,000 383,797 4,378,921 100 100 170Nat Exchange Bank 500,000 678,144 4,594,731 100 210Quartor Savs Bank. 100,000 70,821 797,180 100 131South Side Bank__ 25,000 110,627 1,438,470 50 200Dollar Sav A Tr Co 085,000 1,330,070 10,144,100 100 254Security Trust C o.
Wheellng Bank A 300,000 277,407 2,214,770 100 100 105Trust C o______ 300,000 540,822 4,022,321 100 A225 —
WISCONSIN— N a iio n a l banks N o v . 17; Stale in s titu tio n * la test r e tu rn s .
La Crosse—Batavian Nat Bank Exchange State Bk Nat Bk of La Crosse Security Sava Bank State Bk of La Cr’so
r M ay3iall69.P7r,C< M a; S ' f f ' * „ r<? f o i W I Tpa,W , Ia; aUth° rli ed a™ uut■ S K d M a rch 5 T 9 1 7 .l9e19M ayai0Pir9189 ^ N e w ^ k V ' a June 30* ° f a 8h'U0 ,a Dox
3,120,255 100
j Ex-dlvldond. oxter-Horton Trust
s Sept. 4 1919 • A Savings Bank
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