Bond Vendors

The pride of an investment bank is expressed in the size and number of bond syndicates in which it participates. Last week the Wall Street Journal tabulated the relative positions of houses whose names appeared in new offerings totaling more than $50,000,000 during the first half of the year. Of 122 houses in this classification, the 20 leaders were:

National City Co $1,026,000,000

Guaranty Co 886,000,000

Harris, Forbes 875,000,000

Bankers Co 769.000,000

Halsey, Stuart 739,000,000

First National Bank 655,000,000

E. H. Rollins 639,000,000

J. P. Morgan & Co 605,000,000

Chase Securities 593,000,000

Lee, Higginson 569,000,000

Kuhn, Loeb & Co 552,000,000

Continental-Illinois 479,000,000

Dillon, Read & Co 418,000,000

ist National Old Colony 410,000,000

Bancamerica-Blair 389,000,000

Bonbright & Co 381,000,000

Stone & Webster and Blodget. . . 351,000,000

Kidder, Peabody 348,000,000

Central Illinois Co 328,000,000

Edward B. Smith & Co 296,000,000

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