MONTREAL TELEGRAPH COMPANY

55,080- stock. Guar. Company of North America, Montreal, Canada.

ONTARIO BANK, BOWMANVILLE, ONT.

4,333- stock. Hartford Fire Insurance Company, Hartford, Conn.

ONTARIO RAILWAY

41,529-41⁄2s Scot. Union & National Ins. Co. (Edinburgh, Scot.), Hartford, Ct.

ROYAL PULP & PAPER COMPANY, SHERBROOKE, CANADA 5,000- Lancaster Savings Bank, Lancaster, N. H.

TORONTO LOAN & SAVINGS COMPANY
47,500- Western Assur. Company, Toronto, Canada.

State Bonds

Make loans on and purchase entire issues

of approved securities.

List of offerings sent investors on request.

QUOTATIONS MADE AND APPRAISEMENTS FURNISHED

American

Investments-Classified

State Bonds held by Savings Banks, Trust Companies, Insurance Companies, Sinking Funds, etc.

ALABAMA STATE

$30,000-5s Florida Common School Fund.

5,000-4s Bushwick Savings Bank, Brooklyn, N. Y.

30,000

55,000

68,200

9,000

26,000

Cohoes Savings Inst., Cohoes, N. Y.

Excelsior Savings Bank, New York City.
"A" School Fund, State of Minnesota.

"A" consols. School Fund, State of Minnesota.
"B" School Fund, State of Minnesota.

11,000- "C" School Fund, State of Minnesota.

25,000- funding. School Fund, State of Minnesota.

10,000-4s & 5s Etna Insurance Company, Hartford, Conn.

10,000 (1906) Class A. Continental Insurance Company, New York, N. Y. 10,000-6s Hartford Fire Insurance Company, Hartford, Conn.

24,000- Class A Massachusetts Mutual Life Ins. Co., Springfield, Mass. 39,477-5s (1906) New York Life Insurance Company, New York.

10,000

95,000

(1906) N. British & Mercl. Ins. Co. (London, Eng., and Edinburgh, Scot.), New York.

Northwestern Mutual Life Insurance Company, Milwaukee, Wis.

ARIZONA TERRITORY

10,000- trust funds. State of Maine.

25,000-5s Orient Insurance Company, Hartford, Conn.

3,000-5s Belknap Savings Bank, Laconia, N. H.

15,000-5s Etna Insurance Company, Hartford, Conn.

130,000- Etna Life Insurance Company, Hartford, Conn.

25,000- Connecticut Fire Insurance Company, Hartford, Conn.

10,000-5s (42) Hartford Steam B. Inspec. and Ins. Co., Hartford, Conn.

15,033- Mutual Life Insurance Company, New York.

80,000-5s (1912 to 1942) National Life Insurance Company, Montpelier, Vt. 15,280-5s (1942) New York Insurance Company, New York.

5,000-5s ref. Union Trust Company, Providence, R. I.

5,000-5s (1942) Niantic Savings Bank, Westerly, R. I.

5,000-5s refund. Wakefield Inst. for Savings, Wakefield, R. I.

25,000-5s (1942) Woonsocket Inst. for Savings, Woonsocket, R. I. 10,000- Ithaca Trust Company, Ithaca, N. Y.

CALIFORNIA STATE

1,526,500-6s State funded debt of '73.
751,000-6s State funded debt of '73.
10,000-4s Bushwick Savings Bank,
14,900-4s Catskill Savings Bank, Catskill, N. Y.
300,000-4s Citizens' Savings Bank, New York, N. Y.
50,000-4s Metropolitan Savings Bank, New York, N. Y.

School Fund, State of California.
University Fund, State of California.
Brooklyn, N. Y.

COLORADO STATE

37,081-6s Travelers' Insurance Company, Hartford, Conn. 8,000-7s Orient Insurance Company, Hartford, Conn. 3,000-4s Littleton Savings Bank, Littleton, N. H.

4,998

county warrants. Franklin Savings Bank, Pawtucket, R. I. 12,602- State war. Mechanics' and Farmers' Sav. Bank, Bridgeport, Conn. 12,647- Mechanics' Savings Bank, Hartford, Conn.

2,142- State wars. South Norwalk Savings Bank, South Norwalk, Conn. 32,860-6s war. Albany City Savings Inst., Albany, N. Y. 37,844-6s war. Albany Exchange Savings Bank, Albany, N. Y. 9,260-6s war. American Savings Bank, New York City. 41,724-6s war. Cortland Savings Bank, Cortland, N. Y.

216-6s war.

Farmers' and Mechanics' Savings Bank, Lockport, N. Y. 2,211,838- warrants. Colorado Public School and other Investment Funds.