New-York tribune. [volume] (New York [N.Y.]) 1866-1924, September 17, 1921, Image 15

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New-York tribune. [volume], September 17, 1921, Image 15
About New-York tribune. [volume] (New York [N.Y.]) 1866-1924

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New-York tribune. [volume] (New York [N.Y.]), 17 Sept. 1921. Chronicling America: Historic American Newspapers. Lib. of Congress. <https://chroniclingamerica.loc.gov/lccn/sn83030214/1921-09-17/ed-1/seq-15/>

Newspaper Page Text

Executor Trustee
Chartered 1822
The Farmers' Loan and Trust Company
Nos. 16, 18, 20 & 22 William Street
Branch Office, 475 Fifth Avenue
At Forty-first Street
New York
tata ^ Pane
Foreign Exchange
Administrator -? Guardian
Member Federal Eeserre System and New York Clearing Houae
BANK STATEMENTS
SIS,838.55
550,313.62
BIPCRT OF THH CONDITION OF TH1C
NEW NETHERLAND BANK OF
NEW YORK
?i tbs eloss et bastrrew rn the 6th, day of
? ..,,.. IM1
B Ec--OT.-P.CES.
ettte- nirrer.ry tttthortred by
the Laws o? th? United
Sta?i*s .
C?sJ? it.cm-i. viz. :
Elffcan?r?"s and
Ch??l-'.7 7l fl -
day's cleartnffS.$34?',60,7>,.?S
* Other cash irerr.s. 4,705.37
-
Bat!* ai New Y ?:?'-; leas offsets. 934,575.43
Dos from approved reserve de
r?7?ts 24,134 95
- banks trust
companies : : bankers. 40.899.71
Stock ?' ' anta, via. :
Pabilo wscuritlea 5140.403 93
Privat? 76.47
-887,579 50
Loan* and (Jlstsomita secorsd
bT other c 1.925,091.39
Loans, ?teconnts and bills pur
1 oy col
. 4,PO*.?03.86
Owdrafl . 8,874.61
. 53.063.34
SB aceept
??oo?i | - ?, per con?
tra) . 330.678.17
Other assirts, ~:
rnrr.:" - fix?
tures . $1.796.80
?cerned ?nteres! en?
tered on books at
close of business
on abo?-"? data.... 4.507.29
Me?
lt close o? business
on at. ?' 36
.567.29
Tota! .$3,358,519.33
LIABILITIES
CtpUal Stock. $6?>0.000.00
3??T>ifls:
?Juri Ini fan I 1150,006.00
. -d profits
and reserve . . . 174.181.08
-. 624,181.08
Dupsstts:
?{?referred, a? f^lowi:
Cup New York
I Savings
an<1 Loan As?
sociations, Cred
it l":
Lail-1 1 I 3,117.33
Depos
?tate O?
Y-Tk ,. lOO.f^O.OO
Not ?- ws:
n..?r,.- ? ;
i??ck. 6,029,254.12
topos! ta.
certificates and
o? he." ?Api
the payment of
w.'iicfl cannot
. -
s... 221,346.46
certifi?
ait 46,421.4?
Deposits with
Jra
L t ion
169.404.73
?
outstanding:, in?
cluding similar
cascka o? other
efflcera.
?i checks
I'npai'.. dividends
? Acceptances o? drafts payable
?tai. or author?
ised by coorwieriji&l letters
of credit.
Other liabilities, vie:
Btssrves fur taxes,
?penses, etc.... $29,181.81
it en
tared on
at close of busi?
ness on above date 16,101.86
Accrue?-*
tot
e ilate 1,400.00
d unearned
dtavounu . 35,000.00
6.721,976.80
81,683.27
Total .$8,358,519.33
_FINANCIAL_
HHNRY .T. LEAKS, Auctioneer.
RBGULAR LUCTION SALB
STOCKS ANO BONDS,
BY AIUiiAN H. Ml'UEB & SON,
OFFICE, :,Z WILLIAM STREET,
UBKESDA7, --KPTKMBER 81. 1921,
at 12:30 o'clock, Ht the
?XCHA '.?.IE SALESRO? ?MS,
KOS. 14 AND i6 VESiii ?STREET.
Fin , : Exe ;u or
?,8001 . orpn. of Lor.s Isl
and 1st Jits. "?"<? Bonds. 1943.
"or Account of Whom I? -May Concern:
4.038 siia Men phis ?ias <fc Electric; Co.
"H.SQt? . ram way Co. 1% Col?
lateral Trust Notes, 1922, Ctf. of
Deposit.
H?Biis. Maxwell Uotor Corpn. Class
i,. i;
?H.6I4.S0 Chalmers Motor Corpn. 1st Mtg.
6* :?.. sa, 1932.
- >:i Co. common.
?l:>" ?ha ! tl Co. prefd.
nWo H?.--..,--.,i power Co. lat Mt?. t%
?0 9346-IOOuu shs. Wenatchee Apple
Land Corpn.
??Oshs. Ajax Oil Co. Beneficial Interest
Class -A."
13? ?ha, Hercules Petroleum Co. Bene
119 i'1'"1 In """St &***> "A "
?-i ?h*. Queens Boro Development
Corpn.
Ix?? ns- Sea Coa?t Realty Co.
tSu? arle County Traction Co.
?Wt&ia County Traction Co. Income
*mTis- ^?nd?, Series "C."
????ote of George W. Masly. dated
SO? r.vl.
1 Not? of R. L. Bachman,
datad Sept. 19, 1310.
MEETINGS
PACIFIC OIL rOMPAXI
... m Notice of BI?<>tin?
155 Br .. |??.-,.w fork, rf. T,
fv^ August 6, 1921.
? ?T. r!1':a! ???ting of the .stockholders
M -.i? j-i.-uv- ,,ny wm be nel(1
\W?, D.r;; '?:>;?.: "?lice of tl\e Corporation,
*Unni ' e8t T,'nth Street, In the City of
*.- ??ui,n. 'ounty of New Castle, Dela
?k r> Mluv' Oe?i?Bfc?r 4, 19^1, at 11:39
w-* * w, ? andard taue, for the fol
, ?O? P'j
:>!rectors for a term
?** snL.* !??H '? succeed the Directors o?
j_ , ?l '- lass.
"*?UV? ,tra'",?i:t ft!' euch other business
- brtore the meeting.
Iseti? ' " r r.il mil ratification of
?fib?, ,-, i'd of Mlrectors and
"?itlnr ,fU' ''* ?'nee the rir?t
?*?r? tor th? inoorporators and sub
**?, o? T7the : ;: itai Stock of the Corpo
?? tl Dec-^b.-!- ;, 1920.
*??*? tot- .V ' eetingt, the
:i*?*? sit ,,. ^nater of stock will be
???H,-?"., ?', ?''? ? ? ?t IJ.M., TuHsttay, Sep
r* tfcloet' Va.1, *nd w11? b? reopened at
?JSi, * *M., W?dnesday, October a.
"??r o? th? Boar? of Directors.
HUGH XC1LL. Secretary.
JBCJi?BUt, ?ly?
I'
"n^i^v
Markets in Other Cities
Baltimore
Open. Hl-?h. Low. Last
. 27 4 27 4 27 4 27*-aj
. a*? s% s??
Sale*..
40 Renesch . .
Coo Cosden pf.... S
1? Citizens Bank. 43 " 40
2 0 Con CoaJ. 8.1 S3
60 Da.vison Chem. 37 4 37 4
6 Mt Vemon. ... ? 6
10 Peni-FWater Fr S3-4 83%
100 United Ry... 7% 7%
15 Union Bank...140 140
Bonds
*".-<l0!*i Con Coal 5s. .. 7 9
10000 Con Pwr 44a. 76%
4000 Pena Wt Pr 5s 854
2000 United Ry Inc. 42%
40
83
374
6
83 4
7%
140
8%
+0
83
374
.
83 4
T%
140
79 79 # 79
76--? T6% 76%
85 4 85 4 85 4
42% 42 4 42%
LOW. L??t.
10 4 ll
Boston
Mining:
Salea. Open. High.
1050 "Btnirharn . 104 11
2*5 Butte and Sup. 134 134
410 '"?1 & Ariz. . . . 4S 4<i
10 Cal & Heela. . 2T*8 238
675 Carson Hill.... 144 14%
ntennial .... $\ 8 4
210 Copper Ranee. 344 344
avia Daly. ... (14 t?4
130 Helvetia . 14 2
370 island Creek.. 67 ?7
50 Ken* Lake. . . . 3% 3%
60 Lake Co-.-per.. 2% 3 4
1 oo Mass Cons.... 1 % 1 %
4:;r. Mayflower OC 2 4 "~.
140 New Cornelia.. 14 14
55 New River pf.. 80 80
20 Nipisuing . 4% 4%
50 North Butte... 974 10
90 Osceola . 25 26
30 Pond Creek.... 144 14 4
150 Quinry . 87 38
4 0 Shannon . 90 90
100 Sup & Boston., 14 14
125 Superior Cop.. 24 2%
ion Trinity . l-fr if*
20 "0 S Smelt pf. . 89% 89".
600 Winona . so 60
Railroads
10 Bos & Albany.122 123 122 122
190 Boston Kiev. . . 69% 70 69% 69%
25 Boston & Me. . 17 17 17 17
36 Boston & Provl27 127 125 125
2040 N Y N H & H. 14% 14% 14% 14%
1 Old Colony_ 60 69 60 60 .
60 West End pf.. 52 62 62 62
134
48
2ri7
14%
8%
34
64
1%
66
3%
2 4
1%
2%
It
79
44
9%
25
144
36
2 4
1*
394
13%
48
238
14 4
8%
34
6*4
6?
8%
2 4
1%
2%
14
70
<4
30
1 i 4
3 "5
90
14
2%
1*
394
45
Miscellaneous
35
62?
90
10 Am Aeri. 35
HO do pf . 62
Id Amoskeag .... 90
2 5 Arn Pneu. 2 4 2%
50 Ara Fugar. 64 4 ?4 4
305 Anr Tel.IOS 108%
10 Am Wool pf... 96% 9? 4
10 AU Gulf. 27% 274
320 Eastern S S... 27V* 28%
4 do pf .103 103
223 Edison .1504152
40 Gardner Motora 11 11 Vi
Gen Blec.126% 127%
160 Gray Davis
5 Tntl Cot Mills. 27
273 Li boy . S
54 Loows . 16
8 40 Mass Gas. 65 %
80 do pf . 60 60
20 Mereenthaler. .119% 1194
80 Mex Inv. 14 16%
20 Nat Leather... 6% 6%
68 New Eng Tel. .1014 1024
2 Pao Mills.163% 163%
14 Pullman . 93 4 93%
55 Reeco But H. . 14 14
210 Swift . 35 4
220 Swift Intl. 23
irrlngton _ 50
172 United Drug... 55
405 United Shoo... 364
100 do pf . 24
100 U S Steel. 79 4
70 Venture . 17%
30 Waldorf . 21
7 0 Wick "Wire_ 10
30 Waltham .... 7%
5 do pf . 87%
12%
37
16
56%
?'?".4
23
60
:?: .
86%
24
70 4
174
21
11
374
90
2%
64%
108
96
27%
27%
103
150 4
11
126%
12
37
7%
16
5r-4
flit
1194
14
6-fl,
101 4
163%
934
13 %
95
22 4
60
65
3 '1 4
24
79%
174
21
10
7%
37 4
35
6 2 %
90
2%
644
108%
06
27%
28
10!
152
11%
126%
12%
60
119%
15
6%
102
163%
4>?
50
66
36%
2*,
7'. 4
17 4
21
11
S
87%
Bonds
?14000 A G W 5s_ 60% 50% B04 ?04
3 000 C B 6 4s.102% 102% 102 4 102%
1000 Seneca Con 8s.100 100 100 100
1000 Misa Rlv P 5s. 81 81 81 81
Boston Curb
Bid
Arls Extn .. 1
Ariz Silver.. 11
Aria Tip Top 2
Blk Hawk. . 6
Chief Con... 2%
Calavera? . .?
Crystal new.24
Pe-ibi-ih. fl
Eagle B B... 2
Eureka Cro.31
Fortuna . ...?
Gadsde.n ... 85
Homa Oil... 3
Iron Blosa.. .14
Ask!
2 l Iron Cap ..
2') La Rose....
r: Majestic...,
9 Max Metala.
2%?Midw Moss
70 j Mutual D T.
27 'Monarch . .
8 ' Vt 1 L & Z . .
24iNlxon ....
32 ; Rainier . ..
2 ?Svn Metala.
45 Silver Reef..
4 !'n Vor Ext.
20 .Yukon .
Bid
. 6
,15
1
. 3
. 3
. ?
. 2
2 n *,',
85a
3
25
1.00
Chicagfo
200 Am Shlpbldg.. 68 6S 68
100 Armour pf- 90 90 90
75 Chi Rys ser 1. 10 10 10
25 Comw Edison.109 109 109
600 Cent Motors.. 5
25 Crane pf.103
2 5 I.ieere AL- Co pf. 75
1150 Libby McN&L. 7% 7%
lOOMntgmy Ward. 19 1?
4000 Nat Leather.. 6 4 6%
100 Orpheum . 19 19
85 Pisr-rlv Wlfrtrly. 14%
26 Pub Sve pi... 80 4
100 Sears Roebuck. 70
50 do pf. 90
115 Stewart War.. 25
700 Swift & Co. . . . 95%
2300 Swift Intl. 22%
lino Union Carbide. 45 45% 44%
. ', Un Iron Works 10 4 104 10%
.. ahl . 44 44 44
100 Western Knit. 10% 10% 10%
600 Yellow Mfg. . . 47 43 47
Detroit
5 0 Am Lght & Tr 814 91 Mi 91%
200 Charcoal pf. . . 2 4 2% 2 4
100 Columbia Sug 6% 6% ?4
225 Detroit Kdlaon 92 02% 92
25 Ford o? Can.. 260 260 260
5% 5%
103 103
75 75
7%
19
6 4
19
14% 14
80 4 80 4
70% 70
90 90
25 25
96% 94%
23 22 4
68
90
10
109
6%
103
75
7%
19
6%
19
14
804
70%
ao
94%
22%
45 4
1 0 %
4 4
1 0 %
48
914
24
6 4
92 4
160
14
109
90
476
10
107
50
101
619
2
$100
10000
1000
100 0
1000
1000
1000
Philadelphia
A*n Gas. 33 3
Ellec Storage. . 105 %
Lake Sup Corp 6%
Lehigh Xav. . 66 4
l-'li Co cum pf 31
Phil Elec. 22 4
do pf. 26%
Phila Ins Wire 50%
Phila R T... . 164
Tono Belmont If,
Union Traction i
Un Gas Imp.
do pf.. ... .
I ??.ids
Eier 5: Peo 4s 55 63
Tlmdwd El 6? 88 88
L Sup C Ins ?* 80 30
Phila El 1st 5s M5 85
Reading Tr 6s 96 96
United Cos N J.170 170
Du P.y gd tr 4s 39 4 3r; 4
do" inv* 5s. . 05 4 66 4
33 33 33
105 4 104 104
H % 0 % 6 %
.. 65 4
81
22 4
2? 4
504
16 ;.
31
. 43% 49%
S5
88
30
85
?6
170
33 4
65 %
Pittsburgh
4 75
160
80
50
4 5
100
85
7500
10
5
Ark Nat Oaa. . 84
Am W Q M pf. 75
Gon les pf. . . 24 4
ina Brewing. . 1 4
Lone Star Gas. 18 '-.
\ . \ -????:. . 74
Nat Fireprg r t 16 4
Ohio Fuel Sup 42 4
Ohio Fuel OU. 12%
Okla Nat Cm?. 2!
Pins Brewing. 14
do pf . 7
PtttS A M' S. 30
Westghse A B 85%
Pitts P Glass. 121
18%
21
1 4
37
85!
121
?%
75
24%
; ?:
18 %
16%
42%
12%
21
14
7
36
85%
21
65 4
31
224
26%
60 4
16 4
1?
21
314
49%
170
39 4
664
76*
24%
7 4
16%
43%
12%
1%
7
37
85%
121
30%
Ali P & P. .
Asbes Crp,
All S UK Rg
Il T '? ? P.
Br Cm
:.|f 24%
Bri ip Pap 19 4
Can dont. 56
do pf . . .
Cn On K*
<-n '- B 1.?
l*n?fj . S
Dai Sti Cp
30
24%
20
-a?%
Montreal
31 |Dm Txtl...lS7
4? I do pf. . .103
10 4 '.?-tiM Ltd. T0%
25 ?MLH&PC. 82
? xu Brew. 63%
? ?QuRLH&P 24%
194 Bhwngn ...103
Spitn Hvr.. ."? I 4
? '- do pf. . . 63%
94 S" I Co Cn 5 3 4
? ' t?o pf 89
- Torrito Ry 6 ?
87-RlWWflUK-ai. 42 4
704
B3%
rflS
5 6
Guaranty Trust Co.
Reduces Dividend
Rate, 20 to 12 P. C.
Directors Set Up Reserves
of More Than $15,000,
000 to Care for Losses in
South American Business
Charles H. Sabin, president of the
Guaranty Trust Company of New York,
announced yesterday that the directors
of th? Institution had reduced the
dividend on the stock from a 20 per
cent a year basis to 12 per cent.
A letter sent by the board to the
stockholders of the trust company an?
nouncing the dividend cut ami accom?
panying: the statement of condition as
of condition as September G laut says
that all realised losses have heretofore
been charged off, and to anticipate .nny
other possible losses extraordinary re?
serves of approximately $15,250,000
have been set up.
The latest statement of condition, out
to-day, shows capital, surplus and un?
divided profits aggregating $41,131.464,
compared with $55,545,372 reported in
the previous call, as of Juno 30 last.
The surplus fund, which etood at
$25,000,000 on June 30 has been re?
duced to $15,000,000, while undivided
profits have been cut from $5,545,372 to
$1,131,464.
The formal statement issued to the
stockholders by the board, us a result
of action taken on Thursday, follows:
"Your directors have unanimously
voted a dividend for the quarter end?
ing September 30 of 3 per cent, this
contrasting with 5 per cent quarterly
that has been paid for some years.
"Your directors have heretofore
charged off nil realized losses, but in
addition, in order to anticipate any
other posible losses, have now bg\ up
an extraordinary reserve of approxi?
mately $15.250,000, charging such re?
serve itemA against the company's sur?
plus and undivided profits accounts.
The company's statement thus shows
capital, surplus and undivided profits
of $41,131,46-1. These figures have been
arrived at by the directors, in con?
sultation with leading authorities, after
exhaustive examination, and make com?
plete allowance for all accounts concern?
ing which question has been raised.
These include losses that may be sus?
tained from banking operations in
Central and South America, where the
shrinkage in the value of customers'
loans, due to the unprecedented fall
in the price of commodities and the
fluctuation in exchange- have been ex?
cessive.
"The company's current earnings
(before charge-offs) for the nine
months ending September 30 will be
in excess of $5,000,000, the total divi- ;
dend requirements for the year at the
former rate, but your directors have ?
adopted the conservative course, first j
setting up immediately ample reserves ?
against all its known or _ potential j
losses, and, second, at this time mak- j
ing a certain reduction in its dividend j
distribution, so as to devote a greater ?
portion of its earnings than heretofore j
to the increase of its surplus fund."
The dividends at the reduced rate are j
payable October 1 to stockholders of
record September 21.
The reference in the formal state- j
ment explaining the action of the di?
rectors with regard to writing off
losses on Central and South American
banking operations has to do with the
trust company's investment in the ?Mer?
cantile Bank of the Americas, Inc.,
which suffered severely as a result of
the collapse of the commodity markets.
The committee of bankers in charge
of the affairs of the Mercantile Bank
of the Americas, Inc.. has decided, it
was announced yesterday, to close its
Cuban branch. Whether the institution
is to be wound up and liquidated has
not yet been decided. A banker in
close tonch with the affairs of the Mer?
cantile Bank of the Americas said yes?
terday what is to be done in this mat?
ter will depend upon circumstances.
The condensed statement of the con?
dition of the Guaranty Trust Company
of New York as of September 6. com?
pared with that of June 30 last, fol?
lows:
Sept. 6, 1921. June 80, 1921.
Cash on hand, in
Federal Reserve
Bank and duo
from bunks and
bankers .$3 40,056,043 ?146.009,660
T.". 3. Government
bonds and cer
tifleatea . 34.S34.744 33.448.18S
Public securities... 24.?54,160 70.076.7S9
Other securities... CO.790,662 37.143,113
Loans and bilis
purchased . 331,385.744 382,637,732
Real estate bonds
Sages. . 2,674,016 2.680,210
inge. . 2,008.068 1,445,608
Credits granted on
acceptances .... 25,178,540 34,695,477
Real estate_.... 8.65S.0S3 8,C5S,0S3
Accrued Interest
and accounts re?
ceivable . 10,233,241 12,311,622
Total .?? 10. ?10.336 $729.006.33 6
LIABILITIES
Capital . $25,000.000 ?25,000,000
Surplus fund. 15,000.000 25,000,000
Undivided profits.. 1,131,464 6,646,372
Accrued dividend,. 550.000 -
Accrued interest
payable and re?
serves for taxes.
expenses and
other liabilities
and reserves. 21.35 4,532 26,396,625
Nol es, bilis and ac?
ceptances redls
counted with Fad
era] il e s e r v e
Bank . 60,250.462 38,145,555
Notes secured by
Liberty bonds re
discounted w 1 t h
Federal Reserve
Bank . 6.908,500 8,165.800
Acceptances:
Now York office. 19,906,208 28,744,665
Foreign offices.. 6,271,832 7,860,912
Outstanding treas?
urer's checks.... 17,103,134 30,774,735
Outstanding divi?
dend checks.-949,355
Deposits . 448.286,970 534,400,674
Total .5610,010,336 $729,006,336
???
Recovery in Japanese
Trade Shown in August
WASHINGTON, Sept. 16. ? Market
revival m both the exports and im?
ports of Japan during August fol?
lowed the pronounced slump in that
country's foreign trade during July,
according to a cable to the Commerce
Department to-day from Trade Com?
missioner Butts at Tokio.
Exports, which' dropped frqm ap?
proximately $5,'.,000,000 during June
to $40,000,000 for July, the commis?
sioner reported, returned to $52,000,
000 for August, which compares with
$87,000,000 during August, 1920. Im?
ports, which declined from $74,000,
000 for Juno to 595,000,000 for July,
rose again to $65,000.000 during Au?
gust, which was even greater than the
$61,000,000 total during August, 1920.
The excess of imports over exports
for the eight months of this year, the
commissioner said, is $131,000,000, as
against $215,1)00,000 for the same
period last year.
During August the exports of cop?
per continued to be exceedingly large
and the silk shipments showed an in?
crease, but the exports of tea, cotton
yarn and textiles continued to be com?
paratively light, while the most notable
gains among the import items were ?n
cotton and machinery.
Toronto
Adanao _? 2 ! McTntjrre.'.. . 1% 1 ?%
Apex.?? 3 ?Mnff Crp.Cn \ 1 ?,
Atlas .10 15 Newra/.J.. 4c 9o
Bailey. 1 4 ! Plrsu Lake. 4c To
Chmbrs Frl. 2 6 Porc Crown.10
Con ?airas ... 1*4 1 %
Crown R?v.. C 10
Dome Lake. 5 y
Grt N'rihn. .?
Pore Tsrti:. ...? 3
Tore lmprl..? 3
Prs B Doms? S
Tck Huh?.. 12o 16o
Gold Reef... 1 4 Trustons ...16a Ita
" imp Krat. 2c 6o
Hotlmger . G i t% Vacua tins.. 3o So
i.iia.1.- Sbui'e. ; lii Weit Dom?, 53 to
Day's Dealings in Bonds
The Market
Pronounced strength of the various
United States government war bond in?
anes was the outstanding feature of
the bond market yesterday. A.dvanc*s
worn scored all along the lino and the
Becond 4*4s moved tip 7(1 point?. The
tax exempt .'{'-is wore 2'! pninta up not,
while the fourth 4U." gained 52 points.
The general bond market displayed a
good tone, indicative of th<? heavy <!??
mand for prime securities was the
quick oversubscription of the new
Canadian National Railways $25,000
000 6 per cent fifteen year issue.
TraniMictloiis
?lal-a. Tl<?ld
111 17 . 017.000 4.28
. 11,000 4.83
r.,?i
I,ib?r1v "'(.:
do 26 4?.
do lut 4 ?as. 1947. 35 1.000
(lo 2d 4% 8, 1943 .1.190.000
ilo 3d 4 ',;?. 1128.2,3J 1,000
do 4t-h 4 %8, 1938 .2,288,000
Victory 4*;?. IB23. 2,683,000
do 8%8, 1928. 451,000
Quotations *>
5.09
Liberty S H?,
ilo 2d 4a..,
111 ith. l,ow.
lut 4
g ??o
8.90
9.30
2.96
da 2d 4s%.
do 3d 4Via
do 4th 4 V, s.
Victory 4%s..
do 3 54 s_
Bid and Asked Quotations
89.00
88. B0
88,4?
92.40
88.62
99.00
99.02
T.MKt.
<? 7 83
89 ?)')
?rs go
8:i.2o
92.88
S 0.1 4
OO.pfl
89.06
Nat
dig*.
16
- 72
? ??:
+ .7?
16
+ .82
+.02
+ .02
honda.
yesterday.
S S8. 16
7 -7 'v, 89.00
? -. J8 98
89 04(g) 89 ! o
92.88 '<?. 0 : 90
89.3 t
D9 08 v 99 08
i 99.08
Liberty
3 % a, 1947.
4a, 1947..
2d 4n. 194 2.
lat 4 '-is. 1947....
2d 4%a, 1942
3d 4?,s. 1928...
4th 1%S. 1938 .
Vic 4-n? B, 1923, .
Mo 3 %fl, 1923,
Pre-war Issues
?.r rag, L9S0.100%?101% 100.%?101%
2s coup, ; 93 I_100%
4s, reg, 1925 ....104% 104% '? " ;
4s coup, 1936. ...104%? 108 104 % ri?in?
2s, Pan c, 1938 .100% ?10114 100%? ?
2s. Pan r, 1938 I ??? % 100 '
2s, Pun r. 1938 .100% -
Pan ret. 75%(5
Thursday
8 8 H2'.
88.32(8)88.48
88.28(3)88.44
88.42'y ?8.48
88.44 'i - 16
92 10?92.44
-...;?.?
I). . 99 08
D9.02 ?3)99.08
Its, Pan coup.
Phil -IT, 1934.
Phil 4s. 1936
Phil 4a, 1 936 . .
V Col 3s. 196;...
0(> ?
100% -
77 a It
7 7 :? 78
77 <W -- 77 % 'i$ ?
77 >:? ? 77 45 ?
33 O ? 93 O ?
Foreign Govt. and Municipal Bonds
(Interest to be added)
Bid, Asked.
City ot Eergen 8s r?<-is.100% 100%
do Berne 8a.mi 101%
do Christiania Sa.'.101% 102
do Zurich 8a.101% 102
Argentine Intern 5s, 194.".. 71 72
Belgian 8s .lui?; 101%
K of Belgium 6a. or. *? 95%
do 7%s, 1945.102% 102%
; - veden 0s. 1939. 39 9 I
Canada. Dom of, 1926. \
do 1929 . 93%
do 1931 . 90
Danish 8a A.102
do B .102
Denmark Sg .103
Chinese Qvt Hu Rue Ky 5s, '51 4r> >3
Norway Sa .105 lOtl
Cuba Extern 5s, 1944. 7ii 78
do r.s. series A, 1949. ?- 80
do 4 ?is. 1949 . 07, i3 68
U .?- of Brazil 8s, 1941.100 100
Republic ot Chile j.-;. 98%
Dominican Rep 5s, 1959. 79
French Gvt 7%to, 1941 w 1. 96%
City of Lyons 17,-yr 6s, 1934.... SriVa
do Marseilles . 83%
do Bordeaux . 8.1 %
do Copenhagen 25-yr 5%8, '44 Bl% 82
French Gvi 8s, 1st issue..>.. .100% 100%
do Parla City Sa 1921 . 99?? 190
Gvt of Switzerland 8s, 1940.... 106% 107%
Japanese Gvt i%s, atrln In, 1925 85
do 4%s, 2d series, 1925. 85
do -is, atrln In, 1931. 69
do Tokio City 5s, 1962. 60
U K Ct Brit & I 5-yr 5%a, '21. 99%
do 3-yr 5 %s, 1922. 98%
10 vr 51 -a, 1929. 89 ,
do 20-yr 6 %s, 1937.89
TJrugtiay 25-yr 8s .100
?les Extern stria 5s of '99, '45 02%
do gold 4.3 of 2001. 1954. 39
K of Italy 5-yr 6%s, ?juid bonds I
fuu Paulo 8s ct. 93
(Sales)
94%
8 i
' <.
102%
:i02 %
103%
79 ?A
84 %
S 4 %
81 14
70
?4
98%
i
89%
3 v
1 ,| : i.j
6 -i
29'r.
9 0
98%
Chinese Ry ta'
195 1
? .. . 4 7
: lier
????n sa temp!
rets 1945
; .... mo ;
? '
1945 i
;; ....loi
J _101%
5 .... ?91 'h
1 . . .101?
City of
6s 1934
3 .... S 4 '
City o*' ?
8s 1945
f"_101%
City of ?
nafren G'^a
2 .... 81%
5 ....82
Ctty of Paris
Ca 1921
r, .... 9 9 ; 4
City of Zurich
3s 1945
2 -lni%
1 .... 1 0 i ?
1 ?00.101%
Danish C M s
f gold 8s ser
A 194C
1 ....102%
2 ....102
ser B 1946
2 -102
?an 5%s
notes 1929 "
r> .
10
50
97,7,
20
. 95%
3 . , 95%
2 B71
: ... 95%
r r. . .. t. r,ji,
.: ....95%
..; of Switzer?
land s f 8s I
1940
1 .
??
r-' ,-i Sweden
i -
? lu .... 89%
Rep ? C
Ss 1941
1
11 -, , ,
8
1 C. .
5 ... .107%
1 _107
9 . 105%
i 600 107%1 Rep
1st
106
106 %
.106%
85%
8 4 %
84%
85
4 % s
Rep of
98%
98 ?A
98%
98 ?
' 7
. . . . 98%
.... 98 % 1
. . . . 9 - %
.... 98%
of Cuba
?73
Lrug ;
? ser 4 %9
84%
ntltr loan -Is
1931
. .UK)
. . 100%
? ! 00 i
.100
70%
70
70%
69%
1931
' ?
93%
9t
94%
94
92%
90
4 - 90%
1 .... 90 Vi
2 - 901,
French Rep 88
1945
3 -100%
9 ? ? . .10044
1 600.101
1 _100%
3 -100%
1 ....100%
4 -100'-.
1 ....100%
12 ... .1 n ou
15 ....100%
3 . : . . ? 9 %
K of Belg 8s
1941
1 ....101%
2 ....mir.,
; ,101%
4 .. /101 Va
!" .
4 . . . . I O 1 r n
3 ....39'%
2 ... 101%
4 -101%
i
1 -! 0 2
:: . .
.101%
.102
.101%
.- of Sao Paulo
a f 8a 191?0
2 .... 98%
1 - 98 %
1 - 98%
U K of Gt n
& I 5 % a 1922
5 .... 98 %
2 7 .... 98.%
1929
100 .... 89%
.1 ....89%
r, . .
; 5410. 90%
rr _ S9%
: : ... 89%
11 - 89%
1937
89%
89
88%
17
1
S f 7 % s ! 9 4 7,
1 -103%
2 _103%
? -103%
40 _103
1 -102%
1 -103
t-i 1925
7 - 95
30 .... 05%
30 .... 94 H
1 ...
? ? .
600.100
-100%
....100%
. . . .100 % '<
.... : ?
i ?loo*; '
1 .. - .100%
7 1.', s 1941
20 - 95%
10 _ 90
2 - 95%
3 .... 90
95% l
. - 95%
if T >cri:r.:i:-k
? 194:".
: ....103%
. . . .103
' ....103%
! ....103
....103%
of Norway
? 1910
i -105%
.... 105%
I ... 105%
! .... 105%
....106%
500 OU
_105%
1 _
1 ....
23 ....
1 ....
4 .... ?' ? ,
1 .... -i
G - 89%
6 .... 89
1 .... 89%
' S of Brazil
is 1941
1 _lift'-?,
7 _100%
7 -100
2 R7f. . 99%
1 500. 99%
1 ....100%
1 500
( ,. . .100
M ...
10O%
4 _100
1 ....100%
U r; of M .jt 5a
1945
20 .... 52%
10 p."of. 62 Ma
?i '.'.'.'. 52?;
? .. . 52%
6
1 9 5 t
52%
39% ?
Railway, Other Corporations
Alaska Old M
6a ser A 19 25
S _ 12%
Alb & Pus.i
3 % s 1 9 4 6
8 s7f. 73 I
Am Air Ch
71,4s 194!
i.-: .... 97 ,
1 _ 9C.-1
? ::::
1 .... 96%
? .... 9?%
Am Smulting
5s 1947
Am T
cvt (is 19"-.
.100%
-100%
_100 -><, ?
,.-. .100%
. . . .100%
?0 10
....101
Tr Short I. j
4s 19 5S
At" C L'-ls '& '
N 4 s 19" 2
11 _ 73%.
At! Fruit Co j
7a tern s f ,
i t?t s 7- 1934
1 .... 36 !
1 .... 36%
Atl Ref deb
d'-s 1921
3 .... 101 % I
Atl/M? Fow
?',s ',
1 _ 99%
9 ....
1 .... 99 I
i ...
Bait * Ohio j
1929
17
3 ...
1
1 ....
6 _
rfg 5s
1 ...
? . . .
03
83%
93%
9:1
7fl 19 13 .
4 ....105%
3 -105%
1 ..C.107
1 s6f.tn5
2 -105%
Beth SU rfg
5" 1942
10 _ 85%
1 _ 86
p m 5s 1930
1 _ 78
? ....78%
BKlyn Ed gen
7 ? ser C 1920
1 ....101
<r--n 7s ser D
1930
1 _102%
! _102%
2 _102%
..C. 104
1 . .C.106
en Gs ser B
-i ....93
5s ser A 19 ?9
.1 _ 82 %
Bklvn R T 7s
1921
of df
1 ....100%
>1 5s 1946
2 - 81%
COl 4a 1996
!.82%
3 .... 8i%
33 _ B3
Armour Co
i .- ?
cvt 4%s 1933
: . 71%;
1 . ..71%
1 - 71%
3 - 71 %
1 .... 71% ,
pold 4s 194'^i
5 .... 71 ;
pr ?it?n 3 %a :
ctfa of dtpos
stamp? d
10 .... 19%
Bklyn V El
5.1 1950
2 _ 68
Bush Ter Bg
r.s ioijO
19:
88%
S ? %
74%
& E
8 2
1 ...
10 ...
A T & S F
tr'-n 4s 199I? .
6 ... 78%
2 .... 78%
10 ...
cvt 4s 1856
2 - S.8%
1 _ 8S
Swn 3%s
1925
7 _ 83%
1 .... S31.
1 .. . 84%
rut,? L e &.
W va 4s
1941
2 . . 68%
, a 4a
rife!Bell T of l'a.
Qb.1 ??as
Es 19S7
. . 67%
Can Nor Ry
s f ?roki lb
7? 1H40
l ... .104%
1 . .
1 .?..104%
1 -104%
4 _104 %
2
4 ....104%
6%s 19?iJ
when issued
i2 ....792
17 ...10.%
. ..103%
W S? 102 3
I .... 97 '
16
1329
93
03%
:i :
94 4
?fl i .
1946
87
3 4s 1942 i N T N H * II
. . 00 4 Ob 43 1957
loodyear Tlr? 2 ....81
S Rub o f N V Rys adj
8s 194] ! En 18 18
l 9 12
?T
Y a ft \v
I ni Pu
i 191 9
isued io .... 814
35 %l N Y W & Hi)
86 ., 4%a 1940
("? rra
i .. ...
. 102
C ft Alt rfg"
"?? 1949
.... 1 n j 4
... 102%
-102%
-102%
. . . .102%
_102%
....102 %
. . . .1024
-102%
-102 4
(tal
Bi y A 1941
. etfa of
is 1966
2., s30f 27%
CO) W?8t 4s
1969
I .... 52 4
1 .... 62% I
C I. A Q m
3%a 1949
6 4a
rf(j
1 .
1 '
83
1 Te
? 5 '
a m & s; pi
er 5s ser B I l
2014 ril c'&'c 31
io .... 87 It. & V o
snl 44s 1989 : In! 58 : -
.8 % 'r
:< -., i .
ov 4'..s lfl : * "," Met 4%s
II .... 66%
i ? 0 . TIT
.??VBnivIl c'/'s
rfg 4%s 2014 ." *??? ' '
4 .... 58%
1 - 6 8 ? i
54
54 U
.69
4s 1925
1 .... 741'.
2 - 7 14
gnl 4s ser A
19S9
3 - 79
-Is C M & P
1949 m^LW_
? ???? ..*| b. :::
' - ' fawn Cent a
Chio ft Nwn 1951
7s 1930 I .,?,,
1 ....103 4 K C Ft
6 Via 1936 , -M 6a 1900
1 ....102 , -
Rnl 49 1987 ' Kan ?
St L Peo ? ! -?a,
1 _103 4
2 ....103%
1 -103 '-.
3
4 ...
Or & Cal 1st
5s 1927
2 - 93 4
1 .... 93
Or Short I. 6s
1922
i - 99 4
4s 19 2 9
2 - 83%
1 ....83%
Or-W R R &
N 4s 1961
1 - 73 4
1 ... 73%
25 - 734
Pi ' G & E 5s
r
1 ? 8:4
1 .... 83'
79U
79 '?'
794
> .???n 5s 1948
6 .... 90%
C hlo Rway 5a
1927
- 64
' 1- 1 & P gnl
i ! 1989
8 - 744
1934
1 .... 70
n "*' ;,??
Chicago Tel 5s
1 - _ 3
! .... 06
Chic Un S*a
r C
196 :
. .1064
rnt ?crricult paokartl M C
5- i?ri2 -;" 1931
1 ., 72, : .
tnt M . 2 .... 974
6s 1941 i'.-rni 7s 1930
4 -104%
2 _105
EQld 6%s
1938
7 -lot
2 .
H _101
? ...
1 ....101
I .... 101 4
5.1 1388
1 ....89%
-. .... 89%
1 - 89
5 .... 894
'?'? ??? 894
?mi 41
? ?
is 1943
1950
79
78-%
'
5,t*4
IJH_
KPly-Spring
field Tire
rold 8a 19B0
i
4
97
8 - 4
76
76 4
7 5 4
:rrr?
193:
_^_
r1" ,- r'" Co Ea
L;'rJ< Steel r
,."" '.: .... 98
?1 i-fft?sji St !. ?a nei
ef St ta 3
Copper | 5s 1930 lal^H. <?f?
**--------------------^^>j---------------H
94? I S'4s
-r . 192S
72%
1
S71-.
Reading gm
4s 1097
?."?? %
C N J 4a
1951
V 6 4
4s 1931 -
?? ???. ses*!
^^^^^^^^_, fn 34s 199-1_
1 .... 78% -Lehiffh Val , R, pub [ & s
.-,'"? - ? ? ? 7 I 6s 1928 1940
Cin I St L A 5 ... 90V r o-,
C 6s 1930 Taiggett Ai Rl0 ?W 1st
1
2 .... 93?
9 .
c C C & st t,
?"?"s** 6a 1929
25 - 9!
!> . ... 94 4
? .... 94
1 .... 94%
6 .... 'u
C .... !M '?:
4 .... 94
1 ?... 94 %
1 e6f.. ri::-\
3 .... 94%
3 - 95
Fnl 4a 1993
4 .... 004
10 - 70
4 4s 1931
2 . ... 79U
Col ft So 1st
2 . . . B54 Mitrket c;t
Consol Gas " Rwy iKt cm
1 .... 1 -u 1 6b 3 or: 4
!.. ... 7-1.
2 ... IOI4 2 .... 7 2
2 . ,101 \ -??irland oil
Cuban A Hutrl 8a 1931.
4s lOSfl_
. 6C"'>
P. I Art
4 4s :
S 194 4
J ---.107
..107
.., i93l
S6 -H???????????H
',-' 3 .... 69%
* ., ';-? 1 .... 704
ih Ri - i. ,. ; n
'?: ] '*'0 6s 1922
?10 1'.: 1 ..
3t L 1;* Mt i:
_ IOI4
J ???.105
?? ?Rv Joint
?is 1953
? ???? J0%
1 ???? 70
??a1 /??? 704
M-inhat Ry '
4h 1990 -
SSSSSS?. 55
col 8s 1931
6 - 99
Cuba C Sdgar
cvt deb 7s
1930
5 - 69%
1 - 59%
2 .... 60
5 .... R 9 4
1 .... 504
is .... 59
Cumbrld Tel
5s 1937
12 - 82
r*e! ft IT CV 5s
2 - 85
Pen & n g
??"n 4s 1936
2 .... G7 4
rfg 5s 1355
1 .... 444,
Detr r Ed 1st
& rfg 6s ser
B 1940
2 .... 90 4
3 . 91
rfg 5s lOiO
1 .... 82%
Dot D Rva
4 -2s
1 .... 58%
? *il M
.-- f dob
1935
1014
90
8 9 t?
Mex P,jt of D
s f cvt 8s
If? rhi
?' .... 9 7
I .... Oflfu
r .... or '
Ali,-}, .?t?te T
5s 19?4
1 ? ? ? . 914
Midvalo g? "
?s 19*; -j
? ????W\ .
M TC & T 1st 1
-Is- 2 900
3 .... 63% 2
S 4s 1929
1 .4 4
4s Riv ft Gif
div 1833
i. .... 714
2 .... 7 : j
19 - : : %
10 - 71%
5 .... 73
6 . ... 72%
St L ft f F 4s
aer A 1950
11 ...
1 .... 63
1 - 62 4
20 .... .; .
?n ser :
764
9
7 i!
10 - 7 5 4
Cs ser C ; 928
2 _ 92
arlj 6s 1956
6 ...
19 ....69
12 _ 68%
1 -
15 _ 6 9
ino fis I960
5 .... 4-4
I - 5S
57 4
57 4
?
&7%
i5 ::;: 553 at j. sw? 43
?1 _ r,?,v> 193?
2d 4s 1990
1 1
mmmmmmmmmm,. 42
"".* K & T of
T 5s 1942
-a,1 *?*? '"*
?Mo Pu,; 5a
or
i 10 - 80
1 ?run 4s 1932
.. - 86%
I 3 - 86
I 8 - 60 4
:' .... 66
2 . .
Mill A It ft A P
I J43
26
r. t
Ditl Mia ? N M 6%? 1931
5 s ^^^
1 - 95
P:r Pont de
Nnmours
7;is 1931
41 .... 99
Seab A L
6s 1945
8 .... 4?? 4
- 48 %
adj 5a 1949
-"'- >n
1.
6s 1019
1
99 4
! ' \
? L
04
9.3%
94
6 ... 9 9 ' :. ?
Montana Pwr'
5a 1943
! . ... 86 St
1 - 80S!
; -V eh ft st T.
? 5 a 1925
i - ? ? ? n ?* 4
? .... 94 '
Watl Tub? E.
Sinrlair C" Oil
(9* ''"' 7 r.8 t?2f
.* 13
3 _ 98-4
4 .... 92%
-?-) ... . 924
... 92-4
... 92 4
?
Erie
**?? ??HN0'*?4
? ? "'4 r.s lots
B'Of 'Il
p- ,r * ' 1 6 .... C
a ext [N Y Cent
192:^
1920
?b 6s
. 71
. 7<
?
9:1
1 - 2?t4
1 .3d
1 _ 98 4 So B
5 .... 93%
6 .... 93% ;
1 93 , . 4
' " 4s 20n Sout
2 ... SO '. b
eon 4s :
4 1 .... 714 4a
7. 5* 3!.i3 1
1998 14
: ... 63**,
1 1
r t c & st j 7-.
1st 4? 1
: ... 81 ?-., i
4S .... 99 x y
Ft W ft D c 1- r
fis 1921 78 I
rt .... 99 %! 4T T -I K L TT Tb!
Gen Eb-c deb ft P p m 4a, 5s
5h 1952 | ^^^^^^
"14
t T
84%
8". 4
5? 4
:
II
"0
.N Y L?
Guaranty Trust Company
of New York
140 Broadway
FIFTH AVE. OFFICE MADISON AVE. OFFICE GRAND ST. OFFICE
Fifth At?, and 44th St. Madi?on A?re. and 60th St. 268 Grand St.
LONDON LIVERPOOL PARIS HAVRE
BRUSSELS ANTWERP CONSTANTINOPLE
Condensed Statement, September 6, 192?
RESOURCES
Cash on Hand, in Federal Reserve Bank
and Due from Bank? and Banker?..7777... $140,655,042.81
U. % Government Bonds and Certificate?. 34,334,744.98
Public Securities. 24,254,160.72
Oiher Securities. 30,780,662.43
Loans and Bilis Purchased. 331,835,774.41
Real Estate Bonds and Mortgages. 2,674,016,67
Foreign Exchange. 2,008,068.16
Credits Granted on Acceptance?. 25,176.540.91
Reai Estate. 8,658,083.41
Accrued Interest and Accounts Receivable.,. 10,233,241.90
$610,610,336.40
LIABILITIES
Capital. $25,000,000.00
Surplus Fund. I...... 15,000,000.00
Undivided Prof its. 1,131,464.93
$41,131,464.93
Accrued Dividend. 550,000.00
Accrued Interest Payable and Reserves for Taxes
and Expenses, and Other Liabilities. 21,324,262.72
Notes, Bills, and Acceotances Rediscounted with
Federal Reserve Bank. 50,250,462.85
Notes Secured by Liberty Bonds Rediscounted
with Federal Reserve Bank. ? 6,808,500.00
Acceptances-New York Office. 19,905,208.81
Foreign Offices. 5,271,332.10
Outstanding Treasurer's Checks. 17,103,134.55
Deposits. 448,265,970.44
$S10?610,336.40
.... 38 i
. ... 88%
4s 1900
Tidewater Oi
.; i s
ctfa 1931
2 5 .... 98 l
3 3 ...
t"n Pacific
1928
lis
1st
5
cvi
1
1
5
-100%]
4s 1D47 i
.... 82%
4s 12 27 '
. . . . 87 %
.... 88%
. ... 87 Si
3 Rubber
?%s ; i
? ....100%
o ..
99%
-
SOU
79%
7'' \
79%
rtg'ia'
87%
8S
_ 2!i(i3
3 .... 78
Un Tank Car
7a 1930
7 ....lOl-'M
CJn Rd of a P
4s ctfa of
os 19 2 7
? ?^^M_
U P Realty <&| Va ICA
1 US 1924 : 5s 1949
13 - 88%J 5 _ S3
Virginian Ry
63 1962
1 _ 84 %
1 .... 84
3 .... 7 * ? 2
1 _ 7 ;
Wabash 2d 3a
1939
:; _73
W? st Elec Gii
. . 98%
5 ..
1 _ 95
Va-Cai
7%a 1332
1 .... '13
5a 19 23
1 , ... 931
?
1 _101 I 1 _103%f 12 .... 87%
5s 1938 ?"West Shore | 1 _87%
1 _ 88 ' *s registered 2 _ 87%
Wstgh Eli-o ! 2:161 cvt 6a 1028
7a 1931 i 6 _72 | 6 _ S2 -j
2 _103 ,Wlok Spen St] "tViscnnsla C
3 .... 103*4 1st 79 19?,5 ' is 1949
9 ... .103 % 1 .... 93 I 4 .... 70
I _103% Wilson Co 1st! 21 .... 70 i
7 . . .103% Su 1941 , S _71
1 _103 I 1 _ 87%
To figure the precise yield on a. bond it
is necessary to use yield tablea, but the
approximate yield can roughly be figured
out by the following formula: Divide the
Closing quotation on a bond into th'i rate
pays, ami the result will be
the annual return. If the bond is selling
below par you must allow also for the
< ition of the principal. To do this
the market quotation from par,
and divide the remainder by the
number of years the bond has to run be
naturlty. Fir example, u a 6 per
cent bond Is selling at 50 and ha.? t-n
.. run, the annual return will bo
? cent. The difference between pur
and the market price will bo 10 points.
? ' -, Ing M from ?00. Dividing ten
points by ten years the quotient will be 1.
This figure is to be added to 6.66, which
: is the annual return, and the result, 7.66
per cent, will give you the approximate
yield.
Crex Carpet Net Loss
For Year Is $251,651
For the year ended June 30 the Crcsi
Carpet Company reported a net loss,
after providing for expenses, deprecia?
tion and adjustment of inv
1 $251,651, compared with a net pi
$447,042 in the preceii.r.rr year. Net
: earnings amounted to $13,285, an I
! and loss surplus, as of June 30,
' 417, a^a::. ??r.
In his remarks to ; rs, My?
ron W. Robinson, pp tid '.hat
with a return 1 : condi?
tions a healthy r
businr- rpected. "T
rup7 department has been
panded and the outlook for tins busi?
ness is - The Crex
Carpet" Company, England, Inc., han?
dling the company's business tin
-"
pany's exp riment, op.
in Lar n ? - m countries, are maki
Miscellaneous Markets
Public Utilities Securities
Askl Eid
11 CPHAL pf 27
???? i'. & 3 pf 8L
B D El of ??0
8 : E .
II 3 do8<& c n 77
.
Bid
Ad PAL !>
do pf... ?9
Am L Tr. 0 1
. , 7:)
?.'. 1 & E.101
. '.. . 37%
Am P ,?- L 68
?do pf. . 6 5
Am P Utl I
do pf. .. 1 ?
CarPR&I... 26
Cntl Sta E t
do pf. .
F L & Tr.
do pf...
NTo Sta Pw
do pi...
jRep P. & L
do pf.
6%
44
44
. 1 M ???) Ul' 1"L . , , J. U
CltiesSvc.119% 131% 3o Cal Ed 90
lo ?.i'. . 43 '? 43 l?. ??- ?
14
?h. i g "?;
7% .1 s b no
do C_ 77
do D ... 74
?do pf B. 4
Col Pwr.... R
do pf. . . ?39
C P R. * T.. 8
?Ex dividend.
Bid
AP,*E fis 7 9
A P & L t?a 76%
/Vppln P 6s ? r -?
Col 1' 5s. . 72
El l'ajo Sa 7 7
Std G & E S
, do pf... 31
' T R L & P. 1
do pf... 4
Un L & R 21
? do 1st pf fil
;West Pwr. 27
I do nw p? ?3
15
101
Bonds
Ask. B'd
81 & St P 6a B6 Jj
77 lu LAR 6s 70
5 ihSec 6s ?
76 Wii Bd ?is 80
ss I
?Am Ltd
dO t... 30
Am M? p? 70
A M A F..126
Am T.l pf ?'.
AmT; ?? B" H 9
A D T
13 U ,-:-. S pi 7 1
do 2d pf. 66
:
...
Chl ?
do pf...
C Agruirre..
FJrd-:: hew
I ' v*esn. 1
?Ex dlvlc
Miscellaneous Stocks
s ? % i d L & vr.
130
? Cl 24
irr Sii p?. 8E
?kt... ?
NEng-Fu O IE
N I o st. pf 9 5
P & W pr 8C
Phelps D.14!
Ryl BltK P. 7,;
126
90
100
90 '?
Sugar Stocks
18 do pf...
2 Mt Am ...
5 INI
10?
20
and. i
Tobacco Stocks
O w Hel.
Duw
Du p
,88 ? r (VemjrB 162
F 97 100 ! do pf. - . 90
Chemical Stocks
i.. 10 18 flvy Solvay ?3
. 34 40 M -r:-:-: ao. 68
Co. SO 45 |*Mra C Pf.. 70
i... ? 200 Mulfd Co.. r;o
: . 7% 8% *E?x dividan
..130 138 I
Standard Oil Companies
Angrlo Am ' 5
Ar. Ring..830
pf...108
I
Buck ;? . r i
Mf g. 145
1
Contl Oil..ins
Crus P Ii. 34
'"u-u '
Kur? P I.. Ti
G H O r
do pf
i
?nd P :.
??
., ,. .
? -.: .
PIS
Pra i
:
' .-. .330
'
ao -
9 ON '
x I
2 12
'
Miscellaneous Ci*I Camp*
10 %
3*
.35
Steel and Ordnance Stocks
Am Brass.1.65
Atlas Pw.,111
?Bab ft W.103
- '..)?'? Steel. 10
.io 1st pf ?
do 2d pf. ?
Coll A ... 27
Du Pont. ..11!.
?o pf.. 67
Eld. At?ad.
170
116
106
16
55
25
Em 9 ft I ?
! do pf. . . ?
??Hero Pw 131
do pf.. . so
Niles B P.49
i do pf. . . SO
Scov Mfg.,280
Thorn Iron ?
Win'.-orn? 5
65
136
90
310
Ea.?
Steel. 15
'Ei dividend.
Woodw...
to
Insurance Companies
Am Alinee...240 260|Hanover . .. 80
Home.34S
S26INU Liberty. .160
. City of N Y.ISO
: - 'mmnwlth.... 300
? Fid ft Pnoe.475
? Franklin ... 70
; ?iube ft R..1200
! Grt Amen. . . 223
485 Niagara _120
75;Sluyvesant..
? Untd States.
230 1
345
170
130
76
45
New York Bank Stocks
Bid
Arm?rlca
Atlantic ... .210
Am Exch.. . . 210
Battery .145
Bowery .-_425
Bway Cntl...ll6
Bryant Pk. .1 6S
Bronx Nat.. . 150
Butch ft Dr. 130
Cent -Merci.. 190
Chase.295
Chat ft Phe..230
Chelsea Ex.. , SO
al .. .455
City. 110
I loal ft Iron..215
Bid. Asked.
.190 200
..2:; 5 25 5
.778 7---.
.. .S4?
Asked.
175|Go*'hftm .
220JQreanwioh
2 i' Hanover .
165 Harrlman
450 Imp ft Trds 490
3 30 I-:.i ustrial
1 75 Irving Xat
160 Mnhttn Co.
140 Men & Met
200 M -tropltn
306 Murual . .
2 4 0 N't l Arn .145
00 New Nthrn. .140
4 05 x y County. 136
318 \ "i* N B A. .4 00
.170
. 18 7
,288
.3 20
.510
20 5
840
530
155
Columbia .
Colonial . .
Commerce
Cmwlth . .
Contntl . .
Corn Eich.
ffiasf w
First Nat!.
5th a- " . .
5th Nat! .
.150
. S 40
. 900
Pacific
160 Parle . ...
-- Pub
217 Seaboard
? Second . .
. rnlard
ate . . .
.300
.358
.240
,238
.450
.200
...230
W ird. ..186
? Untd States.160
866 Union Exr .. .181*
? Wshg Hts. . .225
160 Yorkville . . 425
Trust and Surety Companies
? A:
?rety.
60
'47
Banki i
Bond & Mtg r 3
T CO 4 25
(""lit Union
Columbia .
CommrcC...
Empire T..
table '
Frmrs I. ft '
..? Cnl
Fultoi
uty .
i a . .
Kings . .
.3.10
.270
100
2 tO
61
29;
22.'
4 50
340
2S0
1SB
1SS
Bid. Ar?-Xi
aVTantafcturs ..200 ?
M.-rr-antil? ..280
Metrpitn .... 230
Mtg Bond... . 75
Mut T W_105
?N" T Title. ..114
Nat Surety. . 170
N* Y L ft T. .560
X Y Trust.. .388
Peoples.270
Realty Abuo
Title Guar.,
? 0
319
240
S 5
irr--,
180 '
E6S
290
100
pera T
106
In
? ?'
T G .. 75
? ."?.Vs-.-hstr ...110
??JW A R ft M. ISO
1 ft>] tln..-lu.:es AT stt
165 tSoe N Y Title.
New York State Bonds
n and registered form,
rchangeable. Coupon bond? regis
: Highway 6s,
1822- 30 . 5.00 - ?
l93i-'40 - 90 - -
.. 1944-60. 4.70 4.60
? . r''; i 89 4.5*>
.- trop 44.5. 1983 . 89 . 89 4.55
tip -t % ? 1965. . 94 4 4.55
Highway Imp 44s, 19G5.. jj 944 4.65
r 4 4s. 1945.. 924 95% 4.86
Imp 4a, t987. . . . -, ; 4 99 4.53
Imp 4s, 1967. ?74 90 4.5 1
Highway nip 48. lOtiO-Sri.. S7 4 90 4.55
d? 4H, l?*>S.a,....'. S74 90 4.56
np, 4s, 1980-'6S inc 87,4 90 4.55
lea i S Pk 4-?. 1961. 874 90 4.55
an Tc-r is. 194I-'46 874 - -
New York City Bonds
m, P.ate Maturltj
I i '?
4 4s,
? ?
4 4 s,
4 i -).
?4s,
do 4
do 4 4s,
do 4 4d,
do 43, 1969
do 4s. 1953
1966.
1963.
M57.
1306.
1964.
1002.
1960.
i960, op. 1930.
As*?., yield.
81 .. 4.04
904
864
81
81
do 4a, 1957. 81
Reg 4s. ISi?-'S?
4o -a, 1936..,
?04
88
crl
83
48
??*
Form. Rate. Maturity. Bid. Ask. T>1 I
Tnter 3%s. 1964. 73 74% ?.13
Coup 8%*, 3054. 73 74% ?.10
Regr 3%?, 5.M
do ... 5.30 6.1?n -
do .: 0 ??.
Ret; coupon (serial) 4%?,
192: , S 11 6.35 -
do 4M a, t t 25 -?
Federal and Joint Stock Land Bank
Bonds
Floral Farm Loan 5s, B!?. Ask. Tlfld.
1941, or? 1931.100% 100%
Federal Farm Lous n
193S. OP 1923 _ 39S 100% 4 f">
Federal - -->, ?.
1929, op 1924 . 93% 84 8.02
FedTal Farm Loan 4 vis,
1988, op 1923. 93% 94 ?.83
F?-1??-al Farm Loan 4%?.
1937, op 1922. 93% 94 8.95
Joint Sto< ink 5s
1939, op 1924.-?2 93% 5 (0
Joint : 1 Bank 6s,
1938, op 1922. 92 93% 5.12
United States Treasury Note?
Certificates of Indebtedne??i
Month. Tear. P Ct. Bi !
j
-t. :a
?December. 1921 ?J 11
L 4.89
4 10
?March ... 1922 6% ! 4.9f/
"Mar.:;. ', 4.H5
?.Tun- .. . 100A no?^ 4 95
A u trust. 1
?Sept. r V &.03
?.Tune.
?Sept. 19 100-f? 100* S.H?
" ? of Fedora! tax.??
on the Uati-rj of maturity.
Short-Trrm Securities
Security Rat* I
r
Am Cotton OH la 124 i% 9 7?
Am Toi ?
do 8?. 1924 ? |
Amer Thread .
do 7s. 1923.10J
7 '?
Anglo '. |
-
Bethlohem 8t<8?l 7?. ' ,
Can Pac Ry 6a, 19
Ont Ai ?
C R ! &
Cr.x: Qu N 7 Ss, 19!
Copper E?:p ?
7 - i
do 8a, 1924.
.
7.tO
_?
? -
Gulf O I 1.29
I ?; * s
Humble O & Ref 3
7.;
Ity Tr P.y I i % fl.79
Lac Q L 1st * re?, . r\ g.?0
LlKS?;tt * M Tot) ?s. 1921.108 100
Procter & Q 7s i
do Ta, 1923. S 5.S9
Pub Serv - : 23 ?: la.uu
Reynolds R J 6s, p.22 ... 9*% ?00% 6.00
Sears J:???
?.OT
'% T.0?J
Polvav Sa. 1M1
TO R) ?a, j 9-1% % S?
S'?rast .
I
i r';.
Tfce Tibias V?
irtah Securities. 6m. . ?? % ?.
100% 101 ?,7?
Longer Term Securities
Armour eon ' ?% ? ', IM
Atl it
Gu:; ?
h .; i?.
K-r.ni.
.
T 1st mi-* 7?. '41 102 \
Penn RR e?aJ tr ?%?
?
do N Y 7?, 192?-1933 -
Swli 7s .
i; 8 Rubb? :?
?
. - i. A ... . - - --?

New-York tribune. [volume], September 17, 1921, Image 15
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New-York tribune. [volume], September 17, 1921, Image 15
About New-York tribune. [volume] (New York [N.Y.]) 1866-1924