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Report - The American Presidency Project

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TABLE C-79.—State and municipal and corporate securities offered, 1934-73[Millions of dollars]Corporate securities offered for cashYear or quarterState andmunicipalsecuritiesofferedfor cash(principalamounts)Type of corporate securityTotalcorporateofferingsCommonstockPreferredstockBondsandnotesIndustry of corporate issuerwater 2Manufacturing^Electric,TransportationsCommunicationOther1934939397193716713317619391,1282,16487981,9806041,2711861031940194119421943194419451946194719481949195019511952195319541,2389565244356617951,1572,3242,6902,9073,5323,1894,4015,5586,9692,6772,6671,0621,1703,2026,0116,9006,5777,0786,0526,3617,7419,5348,8989,51610811034561633978917796147368111,2121,3691,3261,2131831671121243697581,1277624924256318385644898162,3862,3909179902,6694,8554,8825,0365,9734,8904,9205,6917,6017,0837,4889928485395101, 0612 0263 7012 74221, 2264141,2003,1224,0392,2542,2681,2031,3574724771,4222,3192,1583,2572,1872,3202,6492,4552,6753,0293,713324366481616091,454711286755800813494992595778902571399612760882720159964211092113292931,0089461,3001,0581,0682,1382,03719551956195719581959196019611962196319645,9775,4466,9587,4497,6817,2308,3608,55810,10710, 54410,24010,93912,88411,5589,74810,15413,16510, 70512,21113,9572,1852,3012,5161,3342,0271,6643,2941,3141,0112,6796356364115715314094504223434127,4208,0029,9579,6537,1908,0819,4208,96910,85610, 8652,9943,6474,2343,5152,0732,1524,0773,2493,5143,0462,4642,5293,9383,8043,2582,8513,0322,8252,6772,7608937248248249677186945679579821,1321,4191,4621,4247171,0501,8341,3031,1052,1892,7572,6192,4261,9912,7333,3833,5272,7613,9574,980196519661967196819691970197119721973 v11,14811,08914,28816,37411,46017, 76224,37022,94422,76015,99218, 07424,79821,96626, 74438,50644,90740,83533,1101,5471,9391,9593,9467,7146,9489,3159,6937,9057255748856376821,3833,6773,3723,39013,72015,56121,95417,38318,34830,17631,91527,77121,8165,4177,07011,0586,9796,35610,60911,6826,6224,8452,9363,6654,9355,2816,73611,00711,77811,31810,2461,0131,9722,0671,8752,1462,2072,4422,0271,7119472,0031,9791,7662,1885,1465,8194,8254,8985,6803,3644,7596,0649,3199,53713,19016,04511,4111972: L_.II. _III..IV..5,8656,1095,3835,5879,81311,1589,24010,6242,0652,7982,4182,4128031,0027208476,9457,3596,1037,3641,4662,0881,6271,4412,2523,4792,6442,9436345293864781,5061,3698681,0823,9553,6933,7164,6811973: I...II...III..IV P.5,6385,6045,0966,4228,2228,5986,3669,9242,7291,7991,2962,0811,1426034401,2054,3506,1974,6316,6388791,4111,1561,3992,4272,8862,0182,9153295194783851,2159648711,8483,3732,8211,8413,3761 Prior to 1948, also includes extractive, radio broadcasting, airline companies, com mercial, and miscellaneous companyissues.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 UnitedStates in amounts over $100,000 and with terms to maturity of more than 1 year; excludes notes issued exclusively tocorr rr.ercial banks, intercorporate transactions, investment company issues, and issues to be sold over an extended period,such as employee-purchase plans.Sources: Securities and Exchange Commission, "The Commercial and Financial Chronicle," and "The Bond Buyer."341

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