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BIDDERS, INTEREST RATE
<br />AND A"AOUNT
<br />PROPOSAL:
<br />J. P. MORGAN cF� CO. , INC.
<br />B LDDF
<br />HARRIS TRUST AND SAVINGS
<br />BANK
<br />KIDDER, PEABODY F- CO.
<br />LEHMAN BROTHERS
<br />C. J. DE V I NE ("- CO.
<br />REYNOLDS �- CO.
<br />C. F. CASSELL & CO., I IVC.
<br />SMITH, BARNEY & CO.
<br />F. S. �'.PJOSELEY & CO.
<br />FIRST BOSTON CORP.
<br />PEOPLES NATIONAL BANK
<br />STRADER, TAYLOR & C0., INC.
<br />UNION SECURITIES CORP.
<br />F. S. SMITH ERS & CO.
<br />ANDERSON , STRUDWICK
<br />SILLS, FAIRMAN & HARRIS, INC.
<br />H ARR I MAN R I PELEY & CO., INC.
<br />R. W. PRESSPRICH & CO.
<br />MILLER c° PATTERSON
<br />CHEMICAL BANK & TRUST CO.
<br />KEAN, TAYLOR CO.
<br />HALSEY, STUART ec 60.9 INC.
<br />FIRST OF MICHIGAN CORP.
<br />- t'1. H. MORTON & CO. , 1 NO.
<br />SHIELDS AND CO., AND
<br />ASSOCIATES
<br />TUTiZREST RATE M U T
<br />FIRST FIVE MAT. 450
<br />NEXT FIFTEEN MAT. 11/O
<br />X9629708.15
<br />FIRST F 1 VE MAT. 4.40
<br />NVEXT FIFTEEN MAT. 1.30%
<br />FIRST FIVE MA"1T. 4%
<br />NEXT FIFTEEN MAT. '11%
<br />1.60%
<br />952,631.50
<br />950,133.00
<br />967,166.50
<br />954,731.00
<br />952,498.50
<br />1 z o 95031711.55
<br />950,285.00
<br />FIRST FIVE MAT. 4`''
<br />NEXT F I FTEEN MAT. 1.40 o 958,882.50
<br />1
<br />ESTABROOK 87 CO.
<br />FIRST
<br />FIVE MAT. 24%
<br />EQUITABLE SECURITIES CORP.
<br />NEXT
<br />FIFTEEN MAT. 12%
<br />BRAUN, BoSWORTH & CO. , I NO.
<br />F. W. CRAIG 1 E & CO.
<br />FOLGER, NOLAN, INC.
<br />9509418.00
<br />THE FIRST NATIONAL BANK OF
<br />CH i CAGO
<br />FIRST
<br />FIVE MAT. 5'
<br />V'JILLIAtA BLAIR f: CO.
<br />NEXT
<br />FIFTEEN 1110
<br />WOOD, STRUTH ERS �c CO.
<br />9539180.00
<br />PHELPS, FENN & CO. OF N. Y
<br />FIRST
<br />FIVE MAT. 4 o
<br />B. J. VAN I NGEN & CO. ,INC.
<br />1wEXT
<br />FIFTEEN MAT. 1 4 o
<br />MA SON—HAGAN, 1 NC.
<br />9509000.00
<br />BLYTH & CO. , 1 NC.
<br />FIRST
<br />FIVE MAT. 1.75`
<br />R. S. DICKSON & CO., INC.
<br />NEXT
<br />FIFTEEN MAT.1.505/
<br />STEIN BROS. & BOYCE
<br />ROBERT HAWKINS 8- CO., INC.
<br />9519026.00
<br />MERCANTILE TRUST CO. OF
<br />BALTIMORE
<br />FIRST
<br />FIVE MAT. 4%
<br />BARR BROTHERS E 0.
<br />NEXT
<br />F I FTEEN MAT. 11 0
<br />ADAMS, MCENTEE & CO., INC.
<br />967,109.50
<br />TRUST COMPANY OF GEORG I A
<br />MARINE TRUST COMPANY OF
<br />BUFFALO
<br />COURTS & COMPANY
<br />11j�
<br />BRANCH CABELL & COMPANY
<br />TRUST COMPANY OF GEORGIA
<br />9519330.00
<br />X BID ON ENTIRE ISSUE
<br />AFTER CONSIDERATION OF
<br />SAID BIDS
<br />IT WAS DETERMINED THAT THE
<br />BID OF J. P. MORGAN & CO.,
<br />INC. AS
<br />LISTED BELOW WAS THE HIGHEST
<br />BID RECEIVED. A MOTION BY
<br />MR. ADAMS,
<br />SECONDED BY MR.
<br />HADEN, THAT
<br />THIS BID BE ACCEPTED SUBJECT
<br />TO CONFIRMATION
<br />BY THE COUNCIL, WAS
<br />UNANIMOUSLY ADOPTED.
<br />JANUARY 10, 1950
<br />THE FINANCE COMIM I TTEE OF THE
<br />CITY OF CHARLOTTESVILLE,
<br />CHARLOTTESVILLE, VIRGINIA
<br />DEAR SIRS:
<br />FOR THE $9509000.00 CITY OF CHARLOTTESVILLE, VIRGINIA,
<br />SCHOOL IMPROVEMENT BONDS, SERIES OF 19509 DESCRIBED 1N THE
<br />ATTACHED NOTICE OF BOND SALE, WHICH IS HEREBY MADE A PART OF
<br />THIS BID, VIE SUBMIT THE FOLLOWING OFFER (THE BIDDER WILL FILL
<br />AN ONLY ONE OF THE TWO ALTERNATE BIDS PROVIDED BELOW AND CROSS
<br />OUT THE OTHER):
<br />FOR THE FIRST FIVE MATURITIES 02259000.00) BEARING INTEREST
<br />AT THE RATE OF 2° PER ANNUM AND THE REMAINING FIFTEEN MATURITIES
<br />(725,000.00) BEARING INTEREST AT THE RATE OF 1.40% PER ANNUMI
<br />VIE WILL PAY NINE HUNDRED FIFTY THOUSAND F 1 VE HUNDRED TWENTY—THIO
<br />DOLLARS AND FIFTY CENTS 0,950,522.50) PLUS ACCRUED INTEREST FROM
<br />THE DATE OF THE BONDS TO THE DATE OF DEL 1 VERY.
<br />
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