PUBLIC UTILITIF 1. FIRST & REFUND MORTGAGE 5% SINKING FUND GOLD BONDS. Interest Payable: Jan. and July, at normal income tax-——Free of Montana nffice of trustee. State tax. Trustee: Guaranty Trust Co. New security: By lien on entire property Yori. and securities of subsidiary companies. Registerable: As to principal coupon Offered by: Lee, Higginson & Co, $100, $500, $1,000. Registered: $1,000, Guaranty Trust Co, and J. & W. Selig- $5,000, $10,000 and multiples. man & Co., New York. Date Offered: Denominations: Coupon $100, $500 Jan., 1914-Mar.,, 1915 and 1918, at 94, and $1000. Registered: $1,000, $5,000 911%, 89. and $10,000. Listed: New York Stock Exchange. Callable: At 105 and interest. May Price Range: 1929—High, 104; Low, be purchased or called for sinking fund. 98: 1928—High, 106; Low, 102: 1927— sinking Fund: 114% annually of out- High, 105; Low, 101%: 1926—High, 102; standing amount. Low, 991%: 1925 — High, 1003; Low, Tax Status: Company does not pay 9715: 1924—High, 101; Low, 95. 2, 5% GOLD DEBENTURES, Series “A" interest Payable: June & Dec. 1st, at Tax Status: Company pays normal J. & W. Seligman & Co, New York; income tax up to 2%. Lon, Hg ony hid York, Dos Security: A direct obligation of the 4 C . 2 a jl ee: Guaranty Trust Co. New ompany but not secured by mortgage York. Offered by: Lee, Higginson & Co.; Registerabhle: As to principal. Guaranty Co.. and J. & W Seligman & Denominations: Coupon $500 and Co., New York. 51.000. Date Off : 27. Price: 971 Callable: In whole or in part at 105 ate f ered ay. 19 I oh 97%. prior to June 1, 1932; at 104 to June 1, Listed: New York Stock Exchange. 1937: at 102 to June 1, 1947; at 101 to Price Range: 1929—High, 101; Low, June 1, 1957; and at 100% during last 951%: 1928—High, 103%; Low, 99; 1927 five vears prior to maturitv —High, 100%: Low, 96%. 3. BUTTE ELECTRIC & PR. CO. 3% FIRST MORTG. GOLD BONDS Interest Payable: J&D 1 at office of Tax Status: Company pavs normal trustee. ) income tax up to 2%. Principal Payable: $25,000 annually « ftv: Vit a each June 1 to June 1, 1930; $193.000 on Feouritys Pigg gloved mortgese ob June 1, 1931, and remainder on June all property and franchises. 11951. ’ Offered hy: E. H. Rollins & Sons and "Trus : U.S. . y 5 . Rudolph Kleybolte Co.,, N.Y. and Lee clmgtee: T. 8 Mortgage & Trust Co. Higginson & Co. N.Y. Jan. 1901 and Registerable: As to principal. June, 1909, at 100, 101 and 98. Denominations: Coupon, $1,000. Listed: On Boston Stock Exchange. sinking Fund: 1916 provides for pay- Price Range: 1928—High, 105; Low, ment of one-half that mature in 1931. 1031: 1927—High, 104; Low, 1003; 1926 Qecond sinking fund redemption of 14 —High, 101%; Low, 100: 1925—High, that mature June 1. 1951. 100%: Low, 99: 1924—High, 991%; 961%. I. MONTANA PR. TRANSMISSION CO. 30-Year 1st Mortg. 5% GOLD BONDS interest Payable: F&A, at office of sutstanding, began July 31, 1908, in- trustee. creasing 13% each five years to the Trustee: U. S. Mortgage & Trust Co, maximum of 21% % for purchase or call New York. at not over 105. Registerable: As to principal. Tax Status: Company pays normal Denominations: Coupon, $500 and income tax up to 2%. $1,000. Security: First closed mortgage on Callable: At 105 on three months’ the power plant at Big Hole River, 21 notice: may be called or purchased for miles from Butte. sinking fund. Offered by: Jackson & Curtis. New Sinking Fund: Annually 1% 9% bonds York, 1909. at 97%. 5. MADISON RIVER POWER CO. 1st MORTG. 3% GOLD BONDS Interest Payable: F&A 1, at office of tax, company pays normal income tax trustee. up to 29%. 1 a ~ : 2 ” ‘ Security: First closed mortgage on eters Ti. 8. Mortgage & Tras Ce, hydro-electric plants on the Madison Regist ble: As t ncipal River. . egisterable: As to principal. Offered by: Western Trust & Savings Denominations: Coupon, $1,000. lank, Chicago, and Van Oss & Co, Callable: At 105 on any interest date Jague, Holland, and Lee, Higginson & on three months’ notice. Bonds may HulBl Parken & Burr, Boston, in also 3 yr C3 » Si i J093, a Do-00 1%, i be purchased or called for sinking Listed: On’ Amsterdam Stock Ex- shange. Quoted in New York, Boston and Philadelphia. Price Range: 1930—High, 100% bid; ow, 97 bid: 1928—High, 103%: Low. (01: 1927—High, 102%; Low, 1011; 1926 High, 102%: Low. 100: 1925—High, 101; low. 991,