Newspaper Page Text
T
Utah Light and
Traction Co?
1st and Rtfmdint Storttai*
5% CM Bend*. Dus 1944
GUARANTEED
.-????-?"- ?? t? prlnelp
^^??4 intereet t>y t?.?
UTAH POWER *
LIGHT COMPANY
_. _ Um l?t|?i? h yd re.-alert rt?
?otcpan;??? in lb? ??*??'~
Frite to yirld about
5.70%
Cjm$W eirossXar ?? ???????I
Ue National CHy Company
??on? *??*??*? atiLi
Studebaker
We ha-re prepared an
analysia of thia company
which discusses in detail
ita properties, eaminga,
and the technical position
of the company's stock in
the present market.
We shall he pleased to
?end a copy of thia an?
alysis urcn request,
120 BROADWAY
NEW YORK
a#*iV?n Wa*S Test Brork StseKossa?
SA* nU?t? ia LOS A>GKt_A
First Mortgage
6% Bond
On Electric Power
Properties
To Yield 6.75%
This bond is an absolute
First Mortgage on Elec?
tric Power properties sup?
plying prosperous and ?]
growing communities.
Increasing earnings, diver?
sified business and strong
guarantee assure an excep?
tional investment.
A*k for Circular NYT-H
H. M. Byllesby and Co
111 Broadway, New York
New H**? a Boatos l*ro?ids???
CMaaaa
Wt Specialize in
New York Gty
Bonds
New York State
Bonds
Federal Land
Bank Farm Loan
Bonds
Bull & Eldredge
>.??? ? . ? -? ? ? .->. ri ?n?..?
20 Broad Strret, New York
Telephon*. RtcUr 8460
Weekly Stock Letter
t**M *??<**. ??v7i??*< /<?>?? TK.ir
Josephthal & Co.
W.-..- .V / 1*1 l?ih??f
I? B?aJ-a ?y \**m Y?rk
_ I??ftoo? : Sartor VUKi
r.
Bonds lor Investment
L
Harris. Forbes & Co
?fin? Str??t, C*rn?c William
NEW YORK
Northwestern Pr.
Common
KlELY & HORTOM
40 Wall St. Sew York
.-. ?OHN ?330-41M
?2-3 Branehes in South Ameriea
One Branch In Mexico
10 Offices in Spain-, Franca
and England
A>?io-South America
"Ba^umit?p
New Yor;: Ajency, 45 Broadway
la.-;, hot??: Whitehall 0700
WHY has no investor ever lost a
dollar of principal or interest
J* any security bought of S. VV.
?triu? ? Co.? Write for our book?
let B-2 and learn the reason why.
S. W. STRAUS _ CO.
Straus Building,
565 5th Ave.?at 46th St.
r
American
Surety Company
CLINTON GILBERT
1 WiiJ Saeit. N. Y. Tel. 4*48 Rect??
The Trend in Finance
Security Prices Turo Higher Despite Disturbing
Factor? in Cuirent News; Exchange?? Arc
Steadied by Requetrt for Moratorium
FLUCTUATIONS in spoculat?vo seeurlties at the marketplace last
week can bo understood only in the light of the traditional plati?
tudes about psychological conditions. When sentiment is hulliah?
that ia, convinced that security prices should go higher? unfavorahle
newi is frequently ignored snd constructive report? sro exa^per.;
Conversely, in a btar market, or psriod of major decline, couriers of i
good tidings fail to cstch the attention of trsders snd those who csrry
messsges of troubles are quickly accepted into the speculative fold.
During th? last sis trading days de-0>-??
ve;r,pments in connection with the rail?
road strike and In the matter of (?tr?
inan reparations and European eco?
nomic stability, which occupied a con?
spicuous piar? :n th? happenin?;? of th?
period, were fraught with an unfavora?
ble tone, jr??t average price? of both
railroad and Industria; ?hares climbed
perceptibly hicher. A few weeks be?
fore a reaction In security pricos
strengthened th? apeculativ? ?tmetur?
and Ufl ;t free to re?>t r*tardlng in?
fluence?. The dominant factor In the
market wa? the belief on the part of
sperulator? that th? nascent bustn???
revival was senuine. and that in many
industries where trsde activity is prof?
itless at present a basis would I ?
found for making; business yield re
turn? to their owner?.
More ?ett>d condition? obtained In
the foreign exchanf? market last week,
as th? fear? of en Imm?diat? German
collapse, which precipitated the earlier
break, moderated, and discussions
opened looking toward an adjustment
of several phase? of the international
debt problem, with ?pedal empha?i?
upon relief for Germany. The out?
standing events bearing upon the rep?
aration? question ware the reduction in
the payment required of Germany on
July 16 from odJ?OO?OO to 82,000.000
gold mark?, the ection Involving no re?
mission but the setting off against the
amount due of certain accumulated in
?ara?t and other items, and the pre?
entatlon by Germany of ? formal re
quett for a moratorium to extend
through 1924 on all cash payment?
The tenor of foreign dUpatcheo point?
ed to a favorable reception of tb? Gor?
man reque?t, which was accompanied
by the expression of purpose to cheek
inflation, but thare was no certain in?
dication of sufficient modification of
the French sttitude to warrant expec?
tations that it would be ece?d?d to.
The thr?at of a German breakdown,
however, has apparently had soma |_
fluence ?n this direction, to what extent
cannot b? e?timated here. The German
note renewed the appeal for an inter?
national loan, and bankers in this city
; feel that It is only a matter of a few
week? or months before thi? negotia?
tion will be taken up again. Two
I other developments in the international
! ?ituation exerted a atabilising influ?
ence upon the exchanges?the arrival
? country of Jean V. Parmentier,
French emissary, and the commence
I ment of discussion? at Washington re
? garding the French debt to the United
Mate?, and the announcement by Sir
i Robert Home. British Chancellor of
I the Exchequer, that Great Brltait*
would pay its debt to America, a state?
ment that coincided with the arrival
here of a shipment of ?2.000.000 gold
in preparation for the interest due on
October 15. Thi? movement already
has reached $12,000,000, and is expect
ed to be augmented by additional ship?
ment?.
The reduction of the d'sconr.t rate
of th? Bank of England to 8 per eent.
?the lowest since January, 1914, has once
! more focussed attention on the prob?
able action of the dirrrtor? of th*
Federal Reserve Bank of New York.
I Open market rate? and th? general
! trend of ?vent? for?ab?dow a |
.reduction of the di?eount rate by the
regional hark. Vi.t H II by as mean?
certain that the guardian? of the rate
?will sea fit to take action forthwith.
M o'r'ock nest Wednesday I
I noon newspaper r?p. rtera will ask th?
qjeitlon, and th? reply after the di-,
rrctors' meetlnr wi'.l V? either a non?
committal ?tst*men?, Indicating r.o
. chang? in th? r?t?, or a copy si ?
furtr.al notice to member banks of a
lower charge for service of red:?
In th? movement of Liberty bonds t?.
unprecedented height? and th? strength
of th? entire bond market the addi?
tional ?Ignal of a return to normal and
i lower interact rates was reflected. The I
raiactlei 9? the Britlih b?nk ret? again
cra?*a? a .' '?rar.t!?! r ? '
the baste rates at New York and Lon?
don. A superflcial Indication that
'credit condition? h?r? ?re not di?
s'.milar to those prevailing abroad has
'been the availability of fond? for call
loan? at low quotation?. The rate fell
; below 8 per cent on Friday.
The Wrrk in Rrtro?prrt
Monday?.Tune figures ?how gain of
r-isoa tons In United States St?*!'?
1 unfilled tonnage.
Tuesday ? Reparations Board enta
| Germany's July IB payment from 60,
* 000.000 to 32,000,000 gold mark?.
-' fu?? peace
parley until strikers return; thi?
I panies agree to cut output in Toteco
! oil field?.
Thursday?Bank of England cats dis?
count rate to 3 per cent
Friday -- Government announce? it
will take over mine? and railroads if
necessary.
?
Day's ISetc issues
Marshall Field, Glore, Ward & Co.
are offering at 94V.. to yield more than
?7 per cent, a new Ibso? of $!
' Watab Paper Comprv
: per cent :
bond?. Net ear- the company
during 1921 were more than two and
I one-fourth time? interest charge? on
; this issue.
Merrill, Lynch & Co. of New York,
j and Pearsons-Talf Co.. of Chicago, ara
offering to-day a new Issu? of I
000 Johnsor manch, Im
1 mortgage twenty-year ? per cent ?Ink?
ing fund bonds at 99 and interest to
I yield more than 7.10 per cent,
earning? during 3921 wer* ciua! to
' more than ?V6 times Interest charges.
Summary of Stock Exchange Dealings
(Caprrtaht, 1922, N*w Tork Tribun? Inc.)
STOCKS
W?ak Y*?r J?noar? * tn <?tta
Last weak bafora ?r? '022 1921
BONDS
January 1 to data
I_?l waak W**k before Xmr ?n 1922 tMI
I. 0. fororumant bond? %!2.533.000 (31,626,000 $19.54 5,000 (1.058,599,000 $1.037,604,000
KaUrixd bond* 21,953.000 15.732,000 14,072.000 639.704,000 270,461,0:0
Othar bond? .?0.S59.OO0 22412,000 20,478.000 76*.841,000 3!'
AU bond? .75.345,000 60,470,000 54,096.000 2,460244,000 1.664,884,000
Record of Stock and Bond Averages
. 517,800 644,100 432.300 S1.761.100 25 837,C
. 3,302,800 2,296,000 2,073.600 1'2.976.700 71.(K4,e
.3420,700 2.640,100 8,508,800 144,737,800 07,481,6
BONDS
rfaaaai
I_?l woak W??rk bafor* Yoar ?n 1922
int bond?.(22.533.000 (31,526,000 $19.545,000(1,058,609,000
. 21.963,000 15,732,000 14,072.000 639.704,000
. . 80,859.000 22.212,000 20,478.000 761,841.000
. 75.346,000 60,470,000 84,096,000 2,460,244.000
tecord of Stock and Bond Average?
iCopyrltht, 1123. Now Tork Tribun? Inc.)
STOCKS
Ranff* Jan. 1 U
L??t ? * ? ? Year ?ro d?i?
Hlsh. Low. Hlfh. Low. Ilifh. Low
... 76.86 74.06 63.16 81.79 76.20 63 55
. 81.63 00.73 68 08 84.S3 0227 7347
_ 8642 84.42 64.86 63.62 86.34 60.30
. 517,000 644.100 432,300 31.761,100 23 837,000 30,120.700
3.302.800 2296,000 2,073,600 112.976.700 71.644,600 99,087,500
.3420,700 2,040,100 2,505,800 144,737,800 07,481,600 130.117400
BONDS
January 1 to data
I_?l woak Work bafor* Yoar an 1922 1921
int bonds.(22.533,000 (31.626.OOC $19.545,000(1,058,699,000(1.037,604,000
. 21.963,000 15,732,000 14,072.000 639,704,000 270,'
. 80,859.000 22412,000 20,478.000 761,841,000 35?
. 75.346,000 80,470,000 84,006,000 2,460.244.000 1.664484,000
iecord of Stock and Bond Averages
iCopyrltht, 1123. Now Tork Tribun? Inc.)
STOCKS
Kotlrotd ?lock?
Othar ?tork?
: AU ?lock*
20 Bsilrotd?
20 Industrial*
50 Stocks ...
10 Railroad?
10 IndiutrUb
5 Itilitia? .
25 Bond? .
87.38 86.03
01 20 00.59
86.'6 85.32
88.43 87.70
BONDS
73.33 73.03
81.68 81.43
73.08 72.70
76.63 76.31
87.38 80.36
02.45 86.56
87.03 80.65
8843 83.C3
Ran*** foil
year 1921
Hi.),. Low.
67.39 57.40
79.13 60.80
73.38 C1.C2
82.12 71.01
87.88 80.46
8\05 70.13
88.80 75.25
Price Trend of the New York Stock Market
The graph shows thr fluctuations in the average price of twenu railroad atocles in one lirft- ami thirty industrial stork? in the
other since January 1, 1919. Fluctuations during 1919 and 1920 are revealed by montha, and since January, 1921, by weeka.
Transartions Last Werk in Usted Stocks
n?t?
Mar 29
Jen? ?
Jan? S
Apr 211
Msy 17
luna '4
Jslr M
Apr 21
Jans 1
Msr 11
Is* I
Jan? ?
Apr 11
Apr 2
Jalr '4
Jalr H
Juna ?
Jun? 4
Mar 'S
Jon? 1
Jsn 21
Apr 13
Msr 11
Mar 31
I
Jun* 2
Mar 1?
Jan? 1
Jun? 1
Apr 22
Apr 6
Msr 1?
r?t> 1?
Apr 24
Apr 24
Juna 2
Juna 2?
Jan II
M.r SJ
M.r -.
Ms, Il
Jalr S
July '1
Jalr ?.
J?n?21
Apr 15
Mar 18
Mar 10
Jan? H
Mar 17
Apr 11
Mar I
Mar 3
Mar 21
Jan.20
Apr 17
Jalr 6
Apr 17
Mar 29
Ms, 29
Msr 1
Jalr 14
Jun? ?
Jan? 1
Jan? 2
Jalr 12
.'ulr II
Apr 2S
Apr ?7
Julr 14
M?, 12
Msr 12
Apr 15
Jans 14
Jan? 1S
Julr "?
Msy 21
Jsn 20
Jun? 30
Jan? 30
Jun* 9
June 22
Jun? 1
Apr 17
Juna 6
Julr 13
Jan? 5
Jan? 3
Apr 25
Jun? 7
Mar ?
Apr II
Apr 25
Jun? 2
Apr 17
Jan? 2
Apr 17
Jan 3
Jan? 6
Jun? 7
Apr 6
Julr 13
Msr 2?
Msr 2b
Msr S
Msr 2?
Jans 2
Apr 18
Jalr 7
Jun? 27
.? ; r ;
Jan? 0
Jan? 7
M.? e
Mar 5
Jun? 1
Jun? 2
Julv -b
Julr '2
;
Jun?24
Jul> 5
M.? S
Apr 28
Mar 22
Apr 24
' -
48
HS
' ?
101
a?? *
81' a
81
M'.
7
1?'?
4 i
124
12
H
ri
72
83
112
82
?',
88'a
101) ,
SO**
?1
M
84
11?'?
12?
S
67
22 .
12 s
14
47
"s
43
76
?S
65
M
S3
2 4
16',
?00
IM
104
S3",
40
33
30
61
?
? "i
100
6'.
70
?H
?T2
M
2 .
116
28 ?4
22
10
68
43',
61
11
3
2', S
32??
34
64
?H
'2 *
3 .
'?> ?
? ,
29
SB
100
*' 4
61
S3
25^
64
43
87',
41
38
65
65/?
ni..
n?t. In %.
Jan l| ?
Jsn 11 ?
Jsn 10 S
Jsn 3 4
Jan 26 ?
Jan 14 ?
4 ?
4 7
5 7
4 4
6 7
5 ?
Jsn
Jan
Jsn
Jsn
Jsn
Jsn
Jan 18 ?
Jan ? 3
Jsn 31 ?
Jsn 4 4
Jsn 18 7
J.n ? ?
Jsn 3 7
Jan 10 11
Jsn ? 7
Jsn 30 ?
Jsn 12 -
Juna24 8
Jsn 12 ?
J.n 3 ?
Jsn 12 7
Jsn 4 6
J.n n ?
Jan S S
Jan ? 7
Jsn 30 I
Jsn 26 ?
Jsn
Jin
Jsn
3 ?
5 ?
4 7
Jsn 25 3
Fab t 7
Jsn 4 ?
lab 14 ?
lab 18 ?
:
Jsn 4 ?
Jsn
Jsn
Jsn
Jsn
Jea
Jaa
J.n M
Jan 13 ?
Jan 3 ?
Ja?, 17 ?
-
6 ?
6 4
6
3 6
3 12
S ?
4 ?
4 7
7
*
Jan
Jsn
Jsn
Jsn 26
Jsn 31
Jsn 12
Jan
Jsn
Jsn
Msr
*
?
I
6
6 ?
t 7
3 ?
3 ?
Msr 7 20
Apr 4 7
Jsn 6 ?
Jsn 10 7
Jsn 5 7
Jsn 26 ?
Jsn 4 4
Jsn 19 ?
Jan 16 ?
Jsn 9 ?
Jan 14 ?
Julr 13 ?
Jan M 5
Jan 3 6
Mar
Jsn
7 7
4 8
Jaa 10 ?
Msr 14 ?
Msr 17 ?
Msr 17 ?
Jsn 10 ?
Jsn 10 ?
Jsn 31 8
Jun*24 ?
Jsn 1? ?
Msr 12 7
Msr 3 ?
Jsn 24 10
Jsn 3 7
Mar 1 ?
Jan 4 ?
Juna ?6 ?
Jun?27 ?
Jsn 3 7
Fab 14 ?
Jsn 6 10
?
Jsn 3 -
Mar 8 ?
Jan 10 ?
Jsn 6 -
Jin 4 ?
Msy 26 6
Jnn 7 4
Jsn 24 ?
Jsn 9A ?
lab i ?
J
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Jaa ? 8
Jsn 9 7
Jsn 11 ?
Jsn 4 6
Jsn 10
r'eh 9
Fea 14 7
Jsn 5 -
Pet, 27 ?
J?n 4 2
Jsn
Jan
Jsn
3 8
2 ?
? 7
6 4
leJe?
a???? r. ?
A<"<?n?. Kumalr S
130 4?H
?oajaa ?00 88S
Ajsi BnbSar ""?O 16
M tat?
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All!?* Ch??? S Dr?
'
- - .
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Amar Agrl '~k?ea. ..
Amar Bank N'ai? pf,
tapai
Amer Besen M?g
h>aaOl ? r?r
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' I
tau
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in.
84
11
41
ta-i
Amar (an . 10>MQO 66*4
: '
Amrr (?r aid? ' ai 1M
Amar <> .;?
Amar '
Amrr rirag ? - ?S'a
Amrr r.i?r*-a
Ml a laath 1SO0 14!4
?J? V'
Amar !.. .. 126O0 111%
ri? pf ..... 14CO SO
?000 44?4
Amar 1 a I r? l.ra B t?00 13?,
Amar I im-r-d .
te pf
Am?r l/Ornir
al? pf
Amar Ha'atr Rai?r
Am?r Ship 4 (?es
Amar Panelling
la pf
I
Amar
4? r'
Amar Segar
?
'iiniln Tab.
ta pf
Amar Tal A
?l A Tal
Amar Tabscr? .
1000 88
19900 114
100
1500 SS
?1300 621,
1530
300 134
3900 3714
100 IMS
?
400 105'',
120C
HI
?00 fair,
11?0
4* pf. 800 106
H? H .800 139"a
In ?f . 3800 43
ii 7 .. 4400 S7",
va?olm ...? 1210O 82
' rit Tapar pf |
Amrr Baa es tosi .
d? pf . . ...
Anaconda .___. 8200 61 ?
KaalliastUB... M 1' ,
1 ? .:?... ?00 84
In 1st ?f __. 60 12
il? 21 pf 0 ?2
A>44>ciatad D
: -p a San F? T
4? pf 11 ? M'a
900 S'?
Atlantl* (oa.t Ma?. 2000 10*
Atlintlc rmlt . 3600 2??
A?! i.ulf SWISS ?000 31
rln pf ._ 600 27' ,
Atlantic ????_.
do pf. M 120',
An?tln Mrh?U . 4',00 2?
Hsll lyaarnmntl??.... 413?? 120*4
300 114
llsl'imnr? A Oht?.. 54300 62H
4s pf .. 2800 ei??
narnat t>?lhcr.._. 7300 60
Bamadall, A . UOM 35
MOI 20%
B?.t?pil?s Mining... Ml 1!g
600 60
... 400 33
Bnnle?,??? Staal ? .
.. ?700 77??
ta 7? pf.. ? ?9',4
In 8* pf.
Booth llaharlas . .., 6X0 SS
do 1?t pf ... 100 45*4
?pira ?leal .. ?OO 11
I? 21 pf . S00 31
Blair* Kdls?n . 700 108"g
Kapid Tran.. 454000 28' ,
. 12700 24 4
iui?r. i atea Bao... 3000 112
do n- 1 2?4
-. ?0 60?,
4o pf . ... M
tlrunaowk : "-0 3',
lluff. Boa-h S lltu.. 60 68
llurru llroa. A ... 2000 132'.
22200 47?,
l.u-h Titra Dldg pf. 100 ?3V?
Hull? Cop S Zlne . *S0O 7',
.'. Hup Copper 3500 29'?
0 23',
Csddo "1 ..
?'?rking . 100 76>4
mas .... 13100 64',
d? pf ..200 ?64
.n Zlnt A L.. 7400 8 4
(anadian Tsrlflr
Canada Sou h?- , '00 6
;oo
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d? Jyf . **&
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108 101
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ta 68 ?
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1000
300
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Jsn 4 6
Jsn 10 3
Jan 16 4
Jan 3 6
i. Fas?-?.
,;a?4 i?r?...
I han.lier Metan
tab? *t Obi?.
OL? a Altan ....
I? pf
.' -?? I innata
? ?-tara
do pf
?
d? pf
Chic S Sorlbwa?l . SCCO
do pf
4? (>*. pf
do r. pf
. m a o. 100
d? pf .200
Mm ? 18600
<pr?r.. 6200
A ht le?is. 6000
do pf . 1400
CluaU-Peabody 200
da pf
. 21000
-l A Iron ... 800
Col (.sa a PeUlI?. 1.V4O0
Cal ? Southern.... 100
lo M pf
Com-Tsb-KKordin*.. 600
11
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10?. n?t?. ti m (. M- n.ri. r-.- a
. Jen? S ? ? Jan ?4 - Cal.?Ma Crapk 11VW ? ?". 4H
fi j??m s 5 r?b s ? de ?r .... is? *
. Jana 20 US F?k K> ? r?n.?l ( r?r Si ? 1
M.r || ? fab 17 - Con.*?! Di.tril.?tor. * -> ,
J?lr 14 BS Jan 77 7 ( ar?-.lida??-d Q_ ?M
*?r 1? KV? Jana 14 ? r?n*alld?'?^ T.tlll? 25?O0 1"? 11 1? -
71 lana I 4m, Ja? 4? T. ?fin,niai ?an . 3200 61', 07 67?1
88 J???2J S? Ja? S S (?ptln.nfal ?n.nr ' * I ' ?' -
108"? M.r H ?? ? J.n 4 4 Cam |-r?.*u<U ". -4 *? 1
. Ian.21 111 J?n 10 7 da t f
6V , Jan? 7 .V?4 J.n 10 2", C-lan a Ta . 70?00 48", 4*', ?V
, J.,?. 16 05 J?na?3 7 da pf Ht M
. Jaly 18 S2S fa*. 28 ? Crorlbla Bf-I *???' ' , *? 1
M Jan* 2 M J.n 17 7 da pf . W 11 00 00?1
Jan* 5 14', Jan ?? Cob.n Am Su.r ?? M i?
;*n n ? r?k? osas 8?f?r . r. ?
40*4 Ma? 15 15 4 J*n 3 ? da pf , 4700 18 ?
Apr S 4) Jana 13 ? T)a?U*n CheaaUal .. 6SOO 4??, 4 . M
'.,-.. 5 N ', J*n 11 ? n?ll??r. < n
12S May . Un 3 S liai a Hadaon ,.. ?'*> 124 121 ? 4
iv?h J?iT 0 vc, F.k 11 s n?i. L_-k a Wt**.. *y> 1;
JO*4 Jun?24 18', F.k 4 2 Don.? Min?? . 16V> **% i 1 30 -
8 Apr 23 2% J.n 21 ? D-al. H* M) A Al 700 9 41, 5??
190 Jaly S 116 May 25 8 Dopant d? N?mo?r? 1
89 Jan* 2 SO Jan* '2 ? do d*b MM 82 81 8
i May *2 70 Jaly 3 6 fa.tw.n Kodak .... 3000 7'
. Jana 14 14'? Jan 28? n? H?tn < ?I . ? 1
48 Jana 2 40V, Jana '7 3 BastUl 8'or P.t I
| '-12? Jan 1S ? r.i?*rvn nrant pf .
VV? Apr 9 71 4 J.n 7 S Fndlroti-J.Hnr.a? ... 10200 82*4 80 ??
11J Jane23 104 J.n 6 7 do pf. -
1BH " '?n 0? Erl. . " " '"-4 1'H ""
Un S ? d? 1.t pf
Un S ? 4? 2d pf. 2800 tl
June S 19 Map 18 ? Fairbanks " ?
17 , Jana 2 75', J.n 10 S r.m l*l.y?r?-1 ?s*.
H Jan 14 I J.n ;8 S do pf ..800 S6'*fc 05 Ml
M.r 24 5 r?d Min a ?-m? pf. S0O V>\ 60 M .
Anr 20 76 Ja? 6 10 F*>k.r Body . I
? , J.n 9 8 do of n pf .. iron 87*4 MS r |
I " ? Jan 10? Flak Rabhar Tlr? ,. ?? ? 1* ?
2?', Juna 1 fi rlT???? 25700 ? ?
. Jan? 2 M|| J.n 14 1 (,?n?r.l A m.r Tank
fO Jana 0 '*? ? 7 rl? ?f .... 000 0/
70*4 Jaly 12 65, Jan 11? l.arrr.l A.ph.K ... 10??
. J?l? 12 00 Jan 9 8 d. pf
70 July 8 OS I i^n?r.l (tf.r 77",? '
Jaly 12 136 J?n 0 8 ?..n.r.l F.l-ttrlr -? ?200 171 V?
I ? , Jui 31 ? l.en.r.l Motar.$4
Jana 2?! St Jtn 24 S do pf. '00 81 S3 81 -
84 June.? ?"? M.? ? 4 4a f . |b| ... 1100 82 81 82 ?
87 Jana 28 IT da 7?. dak . 200 1 ?
78 Apr 6 45 Jan 12 ? C.llllland Oil pf ... 100 64*4 64?, t ?
. 'una 30 ? i.MA.n <? '? / '
44', May 20 .34, Jan 4? (^ndr,<h, HP. I ?*H4- '
01 Apr 21 80 , Jan 7 7 do pf . MO 88? 87H M -
35 May 24 25 Apr 27 ? Gr.nh? Mlnrn? ... ? 2? M
82 Jaly 7 70'? J.n 10 7 (,t Norih?m pf ... 80OO 81 70 t
Un 11 4 r.t Narth Or* .aba.. ?200 ?0% 3
S4S May 2? 25', F?h 27? 43r?*n?-< an.nr. lap. 1500 11 .
1 ?b 17? r.u.ntanama f4n?*r. 600 1?', '*? "S? 1
10 Map 2 5 J.n 4 ? Q*st\ Mobil? 4 N*r. I
8 1? J?n 3 ? d. pi . .
?0', J?n . Un 0 ? f.otf Bfataa Stool .. 2'iVX) 85*, 781, |1
M July 12 80 Ma? 8 7 4-> *,t pf '00 OS 00 00 ??
M.r **S 1? J.n ?<*? Haiir.haw Flaatrla. 700 2 1 1
M.r '3 82 J?n 3 7 Tl?rtn>?n fo-r-p .. 800 8?S C , ? .
26'-i Jana 1 15 J?n 12? lUnd.a Mf, . '"? "l, 22 ."? ? !
Apr 1 63 Jan 3 3 llom?*.f?k? Mlntnf. 4O0 7'
89 Juna 3 70 Jan 0? IMBObM ?>'! .... Or.O 771-, 74
Una20 2 W**m*m M?t..r. ....4i?*'0rt 23', H *. .
i Jun?28 l'*\ Un ? 1 Hupp Motor? .... . O 19', 18 M
14, Jan? 2 S1, M W- ? "I ..- 6800 10?
160*., Apr 21 07 , J.n 2 7 Illln-i, C.ntr.I .... 1 ? ? *. V4 Ml 107 ?
110 July . Inn.21 | da pf
4'i M?y 1 -a J?.-. 10? Indlahom? Reflnlaf. 12? 4", 4", *
Jana 1 ??? J.n 16 ? Indian Raflnln, -
4? Jan. 1 37', Kak 10? ln.plr.tlon Opr?r f ?
6 Apr 13 1 Jan 3 ? lnterboro Con Corp. 7500 V , ",
Apr 7 I*. Juna 20? da pf . ??<*/> V, I \ |*/a
307, B4| J,n. 7? Intrrb K.p Tr.n w I MO M
Maf 4 7-V, Jaj? S ? Intar A*rlrultor*... 300 '? , ,? ?
SS?. M.r S 2? J?n ?4 2', Intrr ( ?m?rt ... -
28?, Apr 7 20, Jana ?2 2 Tntar ( omhu.tlon . ,?
Jona 20 22., Jana 6? Int^r (,t Northern . ?'.:.. ?- I
106", Jana 1 79?, Jan S 8 lnt?r llar?a?Ur ... 1M
'.n 4? Int.r Mrrc M.rina . 4TM II | t%+ <
V.y 3 62'4 J?n 4 6 da pf ... ?100 76 71
19'4 Apr 24 11, Jan S? Int.rSVk?! . 4*00 I7J
Jaly 15 60 Jin 3 8 da pf. ?'? E> 4 i-' f
64'? M.y 3 43'i M.r S? Im-r I'.p.r.15600 53', 49 (i
Un 3 69 M.r 0 8 do pf ?tamp^..,. M 70 M 70 -'
2d? Apr 17 MU Jan 4? In?inrlbl* Oil _ 8400 15?4 14", U
July 6 24 Jan 6 ? Iron I'rodort? Carp. 7900 34', 3:
3 Jan 23 *4 Apr 6? I.land fill. T -,
. M?y 2 10 Jan 4? Jaw.l Ta? . . 200 18 17 17 ? ?
?i, Kab 11 ? Jon?? llro? T?, . V.OO 41, 41 ?
Apr 23 22 Jan 2? ? K.n City Southern
5pr 26 IJ\ J.n 3 4 do pf
7'j J?n 3 4 Juna 1? ? Kan*., 4 (.ulf. M1M 4 ? 4 4
*?< , M.y I ?4 May 1 ? K?y?*r J, new ... 7000 44 42', 4
Jnna ? 94 M?y 1 8 do pf, n?- . -
5 34 4 J.n 4 ? Krll? Sprinsflfld ... 3900 49 47 43
Ma? '2 <?*- , J?n 4 8 da 8? pf
111 Apr 8 ?1 J?n 1? S K?U?y W h??l 900 97 05 0,'
,'?n 3? K?nn?<-utt I *.pp*r . rM I -'*? 34' ? 2
Juna 1? ? I S? ..... I t? y
174 Jan 3 1*0 Ja? 8 7 Kr?,? 8 S . ? 0 1381, 135'? 128 ? . 2
8*?4 M.y 16 44 K?b 27? I^rtaw.nn? 8t?*l .. 8800 77 74 7*
82 May 31 41 J.n 3? Ut?ed? fee noO 81'', 7
-.9', Jun* 6 10 F?b 2? Laka Krl* L W**t.. 2200 3 - V
63', July 11 2?', F*k 8? do pf ... 800 63', 63 63
Mar 1? 26?, Jaa 6 2 Is? Rubber 4 Tir* FM M * -
' . J?n 2 3',, I.hlah V.ll? . $300 65?. 64 65
I Jjly 14 10' ? J.n 5 7 l.lff.tt 4 Myar? pf. 200 1 " ? ' ?* , ' ? ,_ |
Jaly 11 150 Fek 1? 12 da II
Jan* 8 9' Jaa J 7 Lima I^x-omotlt?. .. 3700 110,104 1"
May 24 SS Ja? 13 7 da pf . 300 110*4 vy* 100 ? 1
18*, Apr 17 II Jaa 31 ? Loaw'. o. Inr .. 00OO 15', U'2 15 ? ?
) J.n 4 1 Uft ( ?ndr ?2 ? i
\\*. n 14? * J?n ? 12 Ixirlll.rd Tirrr? .. 1300 154', 152 , 1(4
. July S 108 J.n 8 7 loui?,ill? a s..h ? ,3?
I 108 Jaly 12 72 Jan 5 ? Markay Co? : -0 103 01
. Juna 7 25 i Jan ?? M.tk Trurka . 6800 ?'
?JO Jan? 0 64', K?k 27 7 do '.i pf O 67*, 87 , " , ?
83', Jana S 64 Jan 6 7 do 2d pf * 00 78 78 7h
?n 1?? Malllnaon 4 (o . 27200 35', 32? 3*
03 Jaly 7 62>? Jan 23 7 da pf 1 O 02', 02', H
52 Mar 13 i) t J.n 1 ? M?n.tl Sa,?r .. 1200 4
60 Mar 21 73'? Apr 3 7 do pf .43 78 76 78 2
> 55', May 4 33 Jan 9 7 Manhattan fe_ . 3700 47', 4-.
6 4? Jaly 10? da elf? MM 4?', 4? 4? _ ?,
43 ? J.n 21 32 Mar 10 2 Manh.tlan fihlrt... . 1000 3? 33'? 3? -
50, Apr 11 17 J.n * ? Mark.t 8t Ry pf .. 300 33 32 33?1'
67 Mar 14 35 Jaa 3 6 da pr pf . .. 800 ** ? '
441, J?na1S 22?a Jan S 4 M.rl.nd M . . 106C0 4 _- 2
2?', Mar 27 6', Mar 6? Marlm Ro<kwdl ... 200 15 15 15?3
'?n 3 2 Mart?n l'?j*ry ( orp. ?000 31', 3044 M
Ja?*21 22 Jan 11? M.thiraon Alk ? ka 6O0 43 42', 43 ?> 1
74>4 May 17 46? K?b -I? M.???ll Mator A... 10O0 68 ?6 . ?
Jan? S 11 F?b 15 ? ???? II . 8400 24
122-, Miy 3 101 Jan 3 8 M?? Drpt Htorr? ... 000 115 ? '.
21-V? M?r 21 13V, ?*'??*? '* '? M? '"''*?? Minina ... 6'00 1?? 15 \
Jun.28 1361? J?n 10 12 Mrtican Petrol . . ,108i 153 ? 3'i
07 Jaa? 20 70'? J?n 12 8 da pf 100 07 97 07
34'i Jaly 11 30', July 13 ? Mai Sa.board Oil . 4700 34", ?O' ', 32'
July 13 20', July 13? do ctf. 25200 32*, 21 , 30',? ',
314, j,,,, 2 25?? F*k 15 2 Miami topp.r ... 2900 M 27**, 27H? 1\
16 Apr 17 IIS J?n 10 1 20 Mlddl? 10000 11 ,
, J?n 3 ? Mid'.l. Start ,.. 25900 36 33 , V.
Apr 2t S F?b 10? Mlnn 4 Hl U?U .. 4700 1." ?? ' j
00 Jan 17 SO Apr 13 7 M, Si I? a S 8 M pf 100 82 81 81
14 May 28 *4 J?n 3? Mo, K.n. 4 Tri??. . 700 12'? 12 12
.. J.n 1* ? do n.w .. 8000 1
43?, Apr 28 24', Jan 27? da naw pf. 5000 41?, 39', 40
Apr 18 16 Jan 10? MI?*ourl rarlSa - 10600 23, 21?, 22 - .
, Jan 31 ? da pf . 6200 66?, 54', 5'* .
75 May 10 63 Jan 4 S Montana Pow?r _ 300 70' \ 69', 70 4? ?,
t4?4 M.y ? I'b 11? Monty Ward . 8800 23, 22 22,? .
34 Mar 31 19', Jan 7? Mullm. Body . 400 27', 26? it
45J July 15 451 Julr 13 ? Na?h Motor? . 15 453 453 463 -
Apr 25 10-H F.k 10? Nat Arm* . 400 18', 17', 18 4. i,
May 1 123'? Jaa 4 7 N.t Ilurult . 2400 151',, 144 145 ? 2 .
!.n 4 7 do pf . - -,124?1
44, Mar 1 26 Jan 3? Nat ( loak 4 Suit . . 800 42?, 42', 42
89 May 22 69 Jan 3 7 do pf MO Mft MV? sWr\
4 , Apr 13 1 Jan 21 ? Nat ( ond 4 Cabl? . 400 2 , 2' j? ' ,
S3?? Jun* 3 30?? Ja? 11 ? N?t Lnam 4 Btaap 16700 !4', %\%
04?? July 7 81 Mar 7 7 do pf . 200 92 02 02
Jaly 11 85 Jan 6 0 Nat Load . 11700 103 98 ? 10 .
F?k 23 108 Jaa S 7 do pf .300 112'/? 111 ' _ 112
M.y 27 3 J.n 5 ? Nat RB M?i 2d pf. 1400 5 4'.
'', Jun? 1 13'? K?b 16? Nr.ad? Con Coppar. 77?0 16V? 16', 10'
Jun.23 58', Fab 8 6 N?w Or, T?i 4 Mas 1200 67', 66?, 66 .
80 Apr 27 87 Fab 1 ? NY Air Brak. .... 200 78 76 78
Jjly i 7??4 Jan 4 5 N V (?ntral ..... S560O 9?'/, 94', 96
82 May 31 61?Vk F.k 10 3 N Y. Chit 4 81 L . 600 75 74',, 79 + *%
? .j 12-S Jaa 4 ? H Y, N H t* Hart .. 30500 3114 29*,
Apr S 19?, J?. S 2 N Y, Ont a WaaUra 400 26.? 25',, 2?>
Jun? 6 S?, J?n 5? N*rf*lk So-atkarn ... 600 19' a 1?
110H Jaly 11 0?'? Jaa 0 7 Norfolk 4 WaaUrn. 2200 IMM 106 , '
M May 31 44', Jaa 8 3 North Amrrkan .... 11800 67', 64 67 . 2 u
43 Jaly 11 38 Ja? 12 3 do pf . 4400 45 42*4 ??*
Jun* 2 3', Ja? 13? de- rl?-hl? . 2400 0', 8'* r.\. \
82, MarIS 73',, Jan? IS 9 Noiihrr? Pacll? ... 7100 771, 76'*, 77',. '?
Mar 30 8 July 14 1 Nunnallr. 700 0 8 8' 4? '4
Apr 17 7?4 Jaly 14 ? Ohio Body Blow.r.. 1700 8? 7?? 8',- 14
*?, Juna 1 2. Fab 14? Okla Prad 8 Baf . 25800 ? 4 2?, 2',? ',,
SA, Mar 28 4', Jaa S? Oniario Ml-?r 1200 7', 7 7,
. , Jtn 6? Orph.a? < irtult ... (MI l? '?
14H4 Mar 80 117 Ja? 4 8 Of? F.l..?t?.r :00 132 .- 4 ,
09', July 14 01 Jaa 7 8 4o pf M 09', 90', M
<pr 11 91, J?:.
38', Jan? 9 24', Jan 27 2 Ow?na B^ Machia? 100 36 341? 35 ? 1
M ? Apr 28 ??a J-atr M ? fmmt 1>.?I ?
74 Jan* 23 42W Ja? 0 6 Pa^ifif (..? 4 LIi? r00 70 , MS 70 -
10 Jan* 1 " Ja? 18- Paclflc M?U ...... ?MI r- 1H
60S M*T * **H ???" 10 3 ?**?"?"
V , July 3 8?S ?'?'r 9 8 ParISr Tfl 4 T.i pf 100 > ', ??S ??'
f. , Jon.2S 48', Jan '4 6 Pan-Am P*t?lr?a.101>. >
82 , J...2I 24 J.n 10 6 do II
.2 Ja? 1 7 M.y 31 - Panhandl. .... 10_ ? ?%
71 Ja? 10 81 Mar 21 8 do pf ?00 70 7J . 1
17 Apr 12 *? , J?n 3? Parriak 8 Clark?*? IM
444 July 7 33 4 Ja? 1 * r?? ??'!"?"? . '?__* "I* *??_ *l -u
13S >-r 24 ?*% ft* 27 ? Pm? Soabaard 8Wal 14400 1 , 8?, 6 .
M A?r 2* **% Ja? 4 8 P?apl**a Ga? 4 C?k? 8000 86 (3 (3,2
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KiDDER, PEABODY & CO.
18 l-eid 8f. 1'5 Oieoissri S,
45 East 42nd 81 218 .trin'i, ?.
M TCRK BOSTOI
10 We-bom. SU rTwdiim. B. U ?
Government Bonds
Investment Securities
Foreign Exchange
Letten of Credit
Investment Circular
on request
Correspondants of
BARING BROTHERS & CO., LTD.
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