Economic Report of the President

TABLE B-91.—State and municipal and corporate securities offered, 1934-82[Millions of dollars]Year or quarterStateandmunicipalsecuritiesofferedfor cash(principalamounts)TotalcorporateofferingsType of corporate securitystockPreferredstockCorporate securities offered for cashBondsandnotesManufacturinglIndustry of corporate issuerElectric,gas, andwater 2Transportation3CommunicationOther1934....1939....1940....1941....1942....1943....1944....1945....1946....1947....1948....1949....9391,1281,2389565244356617951,1572,3242,6902,9073972,1642,6772,6671,0621,1703,2026,0116,9006,5777,0786,0528710811034561633978917796147361831671121243697581,1277624924253721,9792,3862,3899179902,6704,8554,8825,0365,9734,890676049928485395101,0612,0263,7012,7422,2261,4141331,2711,2031,3574724771,4222,3192,1583,2572,1872,320176186324366481616091,45471128675580090257121103159 96211092113292931,0089461950....1951....1952....1953....1954....1955....1956....1957....1958....1959....1960....1961....1962....1963....1964....1965....1966....1967....1968....1969....1970....1971....19721973197419751976197719781979198019811982; First 3quarters1981:II...,III...IV...1982:II...III..3,5323,1894,4015,5586,9695,9775,4466,9587,4497,6817,2308,3608,55810,10710,54411,14811,08914,28816,37411,46017,76224,37022,94122,95322,82429,32633,84545,06046,21542,26147,13346,13449,2319,15913,3619,88213,73212,77017,62718,8346,3627,7419,5348,8989,51610,24010,93912,88411,5589,74810,15413,16510,70512,21113,95714,78217,38524,01421,26125,99737,45143,22939,70531,68037,82053,63253,31454,22948,21253,09378,89672,50354,58716,68123,75811,52920,53515,57215,96023,0558111,2121,3691,3261,2132,1852,3012,5161,3342,0271,6643,2941,3141,0112,6791,4731,9011,9273,8857,6407,0379,48510,7077,6424,0507,4148,3058,0477,9378,70618,99625,10714,9935,0119,6475,0935,3564,6575,8004,5366318385644898166356364115715314094504223434127245808816366911,3903,6833,3713,3412,2733,4592,8033,9162,8323,5303,6351,7883,4974372672805821,1261,7894,9205,6917,6017,0837,4887,4208,0029,9579,6537,1908,0819,4208,96910,85610,86512,58514,90421,20616,74017,66629,02330,06125,62820,70031,49742,75942,20642,26637,44340,85756,26545,60636,09710,86513,6746,16814,89910,3339,03416,7301,2003,1224,0392,2542,2682,9943,6474,2343,5152,0732,1524,0773,2493,5143,0465,4147,05611,0696,9586,34610,64711,6516,3984,83210,51118,65215,49613,75711,06211,56324,39817,3959,8475,5776,0441,8623,9122,3481,7715,7282,6492,4552,6753,0293,7132,4642,5293,9383,8043,2582,8513,0322,8252,6772,7602,9343,6664,9355,2936,71511,00911,72111,31410,26912,83615,89314,41813,70412,25313,73615,94014,49513,1273,2694,5162,9863,7244,2694,3724,4868134949925957788937248248249677186945679579827021,4941,6391,5641,7791,2531,1488608111,0053,6374,6493,2182,6963,2973,7272,7791,3108581,2114103003992806313996127608827201,1321,4191,4621,4247171,0501,8341,3031,1052,1899452,0031,9751,7752.1725,2915,8404,8364,8723,9324,4663,5624,4433,6404,6947,4016,1581,7651,3542,2941,8077035195566901,3001,0581,0682,1382,0372,7572,6192,4261,9912,7333,3833,5272,7613,9574,9804,7873,1674,3965,6718,9859,25212,86716,29810,8979,63210,98315,19419,11318,56519,80327,42931,67628,5355,6239,6934,46411,8968,0378,97811,5201 Prior to 1948, also includes extractive, radio broadcasting, airline companies, commercial, and miscellaneous company issues.2 Prior to 1948, also includes telephone, street railway, and bus company issues.3 Prior to 1948, includes railroad issues only.Note.—Covers substantially all new issues of State, municipal, and corporate securities offered for cash sale in the United States inamounts ovsr $100,000 and with terms to maturity of more than 1 year; excludes notes issued exclusively to commercial banks,intercorporate transactions, and issues to be sold over an extended period, such as employee-purchase plans. Closed-end investmentcompany Issues are included beginning 1973.Sources: Securities and Exchange Commission, "The Commercial and Financial Chronicle," and "The Bond Buyer."266