Michael: BSC $1 Par fyi this was found through SEC filings, and it is the "book" value used on their financial statements (in 1Q 2008)
Common stock $1.00 par value; 500,000,000 shares authorized and 184,805,847 shares issued as of both February 29, 2008 and November 30, 2007...$185MM [Pg 6]
Its market value that counts. WMI and BS service companies. Their value is in the people and infrastructure around them and what other companies in the same business trade at.
I think at using JPM acquistion of BS and drawing a conclusion to JPM for WMB is in error, but your info should be in docs below.