The New York herald., 1922-05-02
FINANCIAL NOTES.
Dated May 1, 1922

The firm Of Lahey, Fargo e. Co. has been
formed TO take over the note business OF
Campbell. Heath E. 60. Its general partners
are Harold W. Lahey, Alvin w. Fargo ana
Earl u. Kilburn.
James III. Perkins. president of the Farm
crs Loan and Trust Company. has neen
elected director OF the Virsinian Railway.
The roads other directors have been elected.
Hallcartcn e. Co. and Cassatt Co. an
cumulative convertible preferred stock. Of
fered by them, has been sold. the issue
having been heavily oversubscribed.
Phelps & Co, members OF the New York
Stock Exchange. have moved to 80 Broad
street.
F. b. Keech G. Co. have moved 10 50
Broadway. Their telephone number is Rector
1910.
Farson, Son e. Co. have prepared a special
circular containing a diversified list OF In
vestment securities.
A review OF the X. J. Reynolds Tobacco
Company's affairs for series OF years has
been prepared In booklet form by Charles D..
Barney Co.
James NJ Leopold & Co.. members OF the
New York Stock Exchange. have issued n
booklet explaining the partial payment plan
for the purchase OF stocks aud bonds
Hartshorne. Fales g. Co., members of the
New York Stock Exchange. have prepared
an analytical circular illustrated with charts
on the Nickel Plate Railroad.
A. D. Converse g. Co. have moved to larger
quarters in 6s William street.
richards. G
III Broadway.
The firm of Frederick s. Todman. certi-
fled public accountants, has been organized.
with offices in 1l5 broadway, TO specialize IN
audits and examinations Tor New YORK Stock
Exchange firms.
Fenner & Beane, % william street. have
prepared for distribution an analysis OF
Gulf states steel Properties.
The trust department Of The Guaranty
exchange the outstanding temporary ten year
per cent. sinking fund gold notes OF the
Tobacco Products Corporation. due on De-
cember f5 lqai, for definitive notes. with
coupons due on June 10, 1922. and subse-
quentlN attached
Charles l.. Corbett, manager OF the bond
department of Huih e. Co, 30 Pine street.
has been appointed a member OF the Asso-
citation OF Foreign Security Dealers OF Amer
cas trading regulations and arbitration
committee.
+. Wander veldc has sold his membership
I'm tho New York Coffee and Sugar Exchange
TO Louis " Sterling for $500, which is un-
changed from the price OF last previous sale
of a seat in the exchange.
william ". Baker. formerly with Mean
drcvs & Forbes. Is with Bogert g. DeBaum'
The Guaranty Trust Company of New York
has been appointed trustee, registrar and
coupon paying agent for si0,oW,ooo par
value issue OF twenty year gold dcbentures
of the Canadian General Electric Company,
Ltd. dated April 1. 1929. payable on April !:
i942, and OF which S5,ooO.oOo principal
amount OF per cent. series debontures are
outstanding.
r. f. Savoye. formerly with Newburger.
Henderson & Loeb. Is with the bond depart
meut of Paine, Wcbbcr e. Co.
Frank ". Smith. president OF the Republic
Motor Truck Company. has announced to
holders Of the first mortgage and collateral
trust per cent. serial gold notes OF the
Republic Motor Truck Company. Inc, that
negotiations which have been pending look.
ing toward the payment OF the coupons
maturing on May T. 1o22. and any coupons
matured on November I 1921, that have not
been paid are progressing and the company
oxpccts that II will be able TO make pay
ment OF such coupons within the next ten
days.
Tie Bankers Trust Company has been ap-
pointed transfer agent for the Chesapeake
and Potomac Telephone Company's per
cent. cumulative preferred stock.