PUBLIC UTILITIE. Offered by: Redmond & Co., New York, Nov. 1905, at 100. Listed en: New York, Philadelphia ind Louisville Stock Exchanges. Also Portland Stock and Bond Exchange. N. Y. S. E. Price Range: 1930 1929 1928 1927 1926 High ...... 1001 98 993, 987% 96 SOW eee. 97 955 963% 9415 923 TFUNDING MTG. 5% BONDS OF 1942 Interest Payable: Feb. 1 and Aug. 1, to 19% of total bonds outstanding, in- at Fidelity-Philadelphia Trust Co. Lee xluding those in sinking fund; on May Higginson & Co., Boston, and Irving l, 1927, and thereafter, 11%9%, to be Trust Co., New York; Higginson & Co., ised for purchasing bonds at not to London. axceed 105 sha Iierast nt fund . : Share : 3 Tax Status: enn. 4-mi ax refund- yt TEL Philadelphia, Trust 2d. Company pays normal Federal in- on to rome tax up to 2%. . Registrars: Irving Trust Co. New Security: First lien on rolling stock York; Atlantic National Bank, Boston, ind 115 miles of electric railway, steam and Fidelity-Philadelphia Trust Co, station, two water power plants and Philadelphia. .erminal lands on east bank of Willam- Registerable: $1,00, $5,000 and mul- atte river. Also first mortgage on roll- tiples thereof. ‘ng stock and 23.50 miles of interurban Denominations: Coupon, $100, $500, electric railway, and a modern water 31.000; Registered $1,000, $5,000, $10,000 power plant at Bull Run. In addition, and $50,000. 1s a mortgage on the remainder of the Callable: As a whole at 105 and ac- property subject to the $14.000.000 prior crued interest on Feb. 1, 1922, or any ‘iens. interest date thereafter on 60 days’ no- Offered by: Drexel & Co. Philadel- tice. phia, and Lee, Higginson & Co., New Convertible: At any time at option York, March, 1912, at 96. of holder on 10 days’ notice into capi- Listed on: New York Stock Ex- tal stock at a price equal to amount change. paid in on such stock plus $10 per $100 Price Range: share. 1930 1929 1928 1927 1926 Sinking Fund: Cumulative sinking High ...... 1013 100 1013; 1875 9434 “und. To May 1, 1926, an amount equal Low ....... 96 9414 9% 91%; 86% 5. PORTLAND RY. L. & P. FIRST LIEN & REFUNDING 714% SERIES “A” Interest Payable: May 1 and Nov. 1, Tax Status: Penn. 4-mill tax refund- at office of trustee. ed. Company payvs normal Federal in- c Trustee: National City Bank, New come tax up to 29%. GL, Security: eries e- _ Regixterable: $1,000, $5,000 and mul- Se QT evs, Same as Series B and Sed ples thereat. _— 500. $1.000 mortgage on 75% of company's gener- oon nations: (Coupon, $500, $1,000. ating capacity. Also secured by direct allable: After May 1, 1931, on any mortgage on remainin 7 _ N . g property sub interest date on 30 days’ notice at 105 ject to prior mortgages to May 1, 1941; thereafter at 103. ’ Dp gages. Sinking Fund: One-half of 1% of all Offered by: National City Co., New honds outstanding but in no case less York, May, 1921, at 96. than $225,000 payable semi-annually Listed on: New York Stock Ex- March and Sept. 1. To be used for pur- change. chase of these bonds at not more than 107% to May 1, 1931, and thereafter at Price Range: not exceeding redemption prices. Trus- 1930 1929 1928 1927 19. tee may purchase as authorized by the High ...... 107 107% 108 1081 10834 Directors. bonds of anv series Low ........ 104% 102 107 106% 105% TEN & REFUNDING 6% SERIES “B” purchase as authorized by Directors, bonds of any series. Tax Status: Penn. 4-mill tax refund- ed. Company pays normal Federal in- come tax up to 29%. Security: Same as Series A (No. 5) and Series C bonds (No. 7), and issued under same mortgage. Offered by: National City Co. and Halsey, Stuart & Co., New York, Sept., 1922, at 96. Listed on: New York Stock Ex- hange, Portland Stock and Bond Ex- change. Price Range: 1930 1929 1928 1927 1926 High ...... 101 1033; 1063 1043; 103 TOW _....... 9614 92 100 1001 99