PUBLIC UTILITIL,
hereafter acquired. Listed on: Los Angeles, San Fran-
Offered by: J. P. Morgan & Co., Kid- cisco and New York Stock Exchanges.
der, Peabody & Co., Kuhn, Loeb & Co., Price Range 1929 1928 1927 1926 1925
First National Bank, Bankers Trust High ............105% 105 10634 1021 100%
Co., Lee, Higginson & Co., New York. Low ...........1007% 10214 1011, 987% 921%
3. HOME LONG DIS, TEL. CO. 1st MORT. 5% SINK. FUND 20-YR. GOLD BONDS
Interest Payable: Jan. and July 2, at Tax Status: Company pays Federal
office of company or National City income tax up to 2%.
Bank, New York. Security: First closed mortgage on
Trustee and Registrar: Anglo-Cali- plants formerly constituting the inde-
fornia Trust Co. San Francisco. pendent telephone system in San
Registerable: As to principal. K'rancisco, Berkeley and Oakland.
Denominations: Coupon, $1,000, reg- Other Details: Assumed by Pacific
istered $1,000. Tel. & Tel. Co.,, which formerly guar-
Callable: As a whole or in part at anteed principal and interest of bonds.
105 on any interest date. Offered by: Harris, Forbes, Harris
Sinking Fund: 1916 to 1918, $50,000 Trust & Savings Bank, Chicago, and
annually; 1919, $75,000; 1920 and 1921, White, Wild & Co., New York, 1914, at
$100,000 annually; 1922 and 1923, $125,- orice to yield 5.409%.
000 annually; 1924 to 1931, $150,000 an- Listed: Quoted in unlisted dept of San
nually, to be invested in bonds at not Francisco Stock & Bond Exchange.
over 105; bonds to be kept alive and Price Range: 1929, high, 100; low,
interest added to fund. 37.
4. HOME T&T CO. OF SPOKANE 1ST MORT. 5% SINK. FD. 30-YR. GOLD BDS.
interest Payable: May and Nov. 15, Tax Status: Company does not pay
at company’s office in Spokane, Nation- Federal income tax.
al City Bank, New York, or trustee's Security: First closed mortgage on
office. mart of the property of Home Tel &
Principal Payable: May 15, 1936. Fel. Co., Spokane, and second mort-
Trustee and Registrar: Title Insur- rage on the remainder. The latter be-
ance Co., Los Angeles. ng subject to Pacific Tel. & Tel. Co.'s
Registerable: As to principal. ‘irst Collateral mortgage of 1935.
Denominations: Coupon $100, $500, Offered by: Charles D. Barrey & Co.
$1,000. and Rutter & Co., March, 1921, at 79%.
Callable: At 105 on any interest Listed on: San Francisco Stock Ex-
date. change.
Sinking Fund: Annually not less rrice Range:
than 109% of net earnings to be used 1929 1928 1927 1926 1925
for purchase or redemption at not ex- High - 99 991, 993; 9814 99
ceeding call price. Low ... .-Bid Bid 993 Sale 961;
5. HOME T&T CO. OF LOS ANGELES 1ST MORT. &°, SINK. FD. GOLD BONDS
Interest Payable: Jan. and July 1, may agree Lo.
at Guaranty Trust Co., New York. Security: First mortgage on entire
Trustee and Registrar: Title Insur- Los Angeles property. Assumed by Pa-
ance & Trust Co. Los Angeles. cific Telephone & Telegraph Co.
Registerable: As to principal. Offered by: Merchants Trust Co., Los
Denominations: Coupon, $1,000. Angeles, July, 1906, at 96.
Callable: Not subject to call, Quoted: On Los Angeles Stock Ex-
Sinking Fund: Provides for annual change.
retirement of 29% of bonds outstanding Price Range: 1929, 101 bid; 1928.
at 105, or higher price that company 100% bid.
6. HOME T&T CO. OF LOS ANGELES 1ST REF. MORT. 85% GOLD BONDS
Interest Payable: Jan. and July 1, entire property of the former Home
at office of trustee and Guaranty Trust Tel. & Tel. Co. of Los Angeles.
Co., New York. Registerable: As to principal.
Trustee and Registrar: Title Insur- Denominations: Coupon $1,000.
ance & Trust Co. Los Angeles. Callable: On any interest date at
Sinking Fund: 29% of outstanding 105 on 3 months’ notice.
bonds, to be used for their purchase Other Details: Assumed by Southern
at 105 or such higher price as company California Tel. Co.
may agree to. Offered by: Adams & Co. Los An-
Tax Status: Company does not pay geles, 1912, at 8214.
Federal income tax. Quoted: On Los Angeles Stock Ex-
Security: Second mortgage on the ~hange.
7. SOUTHERN CALIFORNIA TEL. CO. FIRST & REFUNDING 5s
Interest Payable: May and Nov. 1, Additional bonds may be issued only
at Dankers Trust Co., New York. for 75% of capital expenditures made
Trustee and Registrar: Security subsequent to indenture.
First National Bank, Los Angeles. Guarantee: Guaranteed principal and
Registerable: As to principal. nterest by indorsement by Pacific Tel.
Denominations: Coupon $1,000. & Tel. Co.
Callable: On the interest date on 8 Offered by: Blythe & Co. San Fran-
weeks notice at 105. ‘isco; Equitable Trust Co., New York,
Sinking Fund: Annually consisting and Merril Oldham Co., Boston, Jan..
of an amount equal to 29% of all bonds 1919, at 91.
issued and outstanding. Quoted: On Los Angeles Stock Ex-
Tax Status: Company does not pay *hange.
Federal income tax. Price Range:
Security: First mortgage on about 1929 1928 1927 1926 1925
of the property of the company and High .......... 102 103% 101% 101 987%
bv general mortgage on the balance. [4OW eeeeeceeeeeee. 95 1031% 1003: 983% 941
