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Welcome to
www.securitiespricing.com
Prudential-American Securities Financial Information Center is
the oldest (since 1973) and best known Securities Valuations
company in the United States. We are the only broker/dealer
registered with the Securities and Exchange Commission that specializes
in securities pricing for Date of Death, Alternate Valuations,
IRS Forms 706 and 709, Cost Basis, Mergers, Name Changes,
Liquidations and Worthless or Obsolete Securities. Our method
of valuation is in accordance with the Rules and Regulations of the
Internal Revenue Service Code.
We believe we are the most thorough securities pricing service
in the country. Our library consists of about 18,000 volumes of
reference material including Moody's, Standard and Poors, Bank and
Quotation Records, and various other publications, some dating back
to 1871, and cross index files containing birth to death
histories of about 1.3 million corporations. This massive library,
all under one roof, is probably the largest of its kind in the
country. In addition to our library, we have a very substantial
database of daily securities prices dating back for many years in
our computer system. Our professional services are being utilized
from coast to coast by Trust Departments of banks, such as Bank of
America; other broker/dealers, such as Merrill Lynch; accountants;
and attorneys.
DATE OF DEATH AND ALTERNATE VALUATIONS:
Over 200 Trust Departments of banks, many attorneys and other
broker/dealers utilize our service for Date of Death and Alternate
Date Valuations.
MUNICIPAL BONDS
Prudential American Securities maintains its own municipal
bond pricing system based on the Blue List which is published by
Standard and Poors, a nationally distributed daily publication
subscribed to by majority of the principal investment bond dealers
in the United States which lists muni bonds offered for sale
on that date.
Securities and Exchange Commission Rules, National Association
of Securities Dealer Rules and the Municipal Rule Making Board
Regulations require broker/dealers to disclose on the confirmations
to customers when buying or selling muni bonds through a
registered broker/dealer to indicate on the confirmation if the
bonds are subject to Call Date and Call Price or Pre-Refunding
Date and Pre-Refunding Price since such call provisions will
materially and substantially affect the price and yield of a
muni bond.
Prudential-American Securities, Inc. Financial Information
Center is the only Estate Valuation Pricing Service that when
pricing municipal bonds where the call factor will affect the price
of the bond will indicate within or under the description of the
municipal bond if the security has a call date and call price or
has a pre-refunded date and a pre-refunded price provision and an
indication that the security has been priced according to the call
provisions.
COST BASIS PER SHARE
Cost Basis is the price at which the security was purchased
adjusted for stock splits, stock dividends and return of capital.
If the actual purchase price is not available, the average of the
High and Low for the security during the month of issuance is used
as the purchase price.
RETURN OF CAPITAL
Return of Capital is any part of dividends paid which are
treated as reducing the cost of the security rather than as
ordinary income. The amount of dividends received as Return of
Capital is deducted from the purchase price.
MERGERS, NAME CHANGES OR OBSOLETE SECURITIES
Per IRS Code Section 165 and Regulation 1, 165-5, a security
is considered worthless or obsolete after the establishment of an
identifiable event. Such events include foreclosure, receivership,
bankruptcy, liquidation or cessation of business.
Also, a security is considered worthless or obsolete if there
has been no trading and no Market-Maker in the security for an
extended period of time and an identifiable event has been
established.
Our library is designed, indexed and arranged in such a manner
that in most cases, it will alert the person conducting research on
a given security when there has been any name change, merger,
liquidation or bankruptcy. It is our firm policy not to give an
opinion on the status of a corporation, be it valuable or
worthless, unless such information can be based on documented
facts. FIC research is conducted or reviewed by professional
registered securities personnel who have wide experience in all
phases of the securities industry. Because we are registered
broker/dealers our letters are accepted by the IRS. Prudential-
American Securities Financial Information Center is the largest
company in the country with a library containing Birth to Death
histories of 1.3 million corporations and a vast amount of
information on companies with mergers, name changes and
liquidations.
In addition we can quote daily prices on almost all Listed and
Over-the-Counter stocks, Municipal and Corporate bonds, from 1924
to the present, and provide mean prices including accrued dividends
and interest where applicable, adjusted for stock splits and return
of capital, for establishing the cost basis per share.
FEE SCHEDULE
Listed Securities $4.00
Listed Bonds $4.00
NASDAQ Traded OTC Stocks $4.00
Unlisted Securities $4.00
(over-the-counter)
Corporate or Government Bonds $4.00
Municipal Bonds $4.00
Mutual Funds $4.00
Cost Basis for each price $4.00
plus $4.00 for each stock split
Obsolete Securities or $50.00
Old Stock Certificates
(photocopies required)
Minimum Charge $10.00
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Prudential American Securities, Inc.
Member NASD / SIPC - FINANCIAL ADVISORS
Financial Information Center
921 East Green Street, Pasadena, California 91106
626-795-5831, Fax 626-792-5407
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