It. was reported yesterday in Wail
Street that the new financing of Llbby,
McNeill & Libby would take the form of
st0.000.000 of ten year 8 per cent, notes. I
That issue w ill be taken care of entire- j
ly by Chicago bankers, it is believed.
Municipal Offerings.
Curtis & Sanger are offering $25,000 j
of City of Omaha coupon 4 per c^nt.
bonds, due in .July, 1924, to yield 5:'i
per cent. RemlcK, Hodges & Co. are of
ferliuc $30,000 of City of Minneapolis 4
per rent, registered bonds, due on No
vember 1, 1939, for a price to yield 5.20
per cent. The bonds are exempt from
nil Federal Income taxes and are leg;il
investment for savings banks and trust |
iund. In New York, Massachusetts and
Connecticut. A block of Louisville art!
Nashville Railroad Company, St. Lou.s
division, first mortgi.se ti per cent. go. I
bonds, dated March 1. 1921. and due on
March 1. 1971, is being put on the mar
k't at :i |>r i. e to yield about 5.78 P T
i eritl* by Redmond & Co. They are call
able after t- u years for 107 and i uteres'.
Tin- property mortgaged extends from
Kast St. Louis to Kvansville, III.. and af
fords the Louisville and Nashville Its
only entrance into the important St
Louis district.
I.n* Company \nk* for llond Issne.
The Public Service Commission heai t
yesterday tie ("iinsulidated Gas Com
pany's application for permission to issue
S13,OW.OOO of ten year debenture bonds.
The company's representative. C. O. M.
