III

TABLE F-61.—State and municipal and corporate securities offered, 1934-57'*[Millions of dollars]PeriodStateandmunicipalsecuritiesofferedfor cash(principalTotalamounts)Gross proceeds 3CommonstockPreferredstockCorporate securities offered for cash 2BondsandnotesTotalTotalProposed uses of net proceeds *New moneyPlantandequipmentWorkingcapitalRetirementof securitiesOtherpurposes19349393973723845732262319519351936193719381939194019411942194319441945194619471948194919501951195219531954195519561957 51955: First quarter._Second quarter.Third quarter._Fourth quarter1956: First quarter. _.Second quarter.Third quarter..Fourth quarter.1957: First quarter ..Second quarter.Third quarter-.Fourth quarter1,2321,1219081,1081,1281,2389565244356617951,1572,3242,6902,9073,5323,1894,4015,5586"~"1,4091,4291,1362,0021,5171,6179281,3841, 7581,6891,5491,8832,3324,5722,3102,1552,1642,6772,6671,0621,1703,2026,0116,9006,5777,0786,0526,3617,7419,5348,8989,5162,5302,4132,3582,9392,2502,9892,6903,0103,5963,3052,9873,10822272285258710811034561633978917796147368111,2121,3691,3261,2135,977 10, 240 2,1855, 446 10,939 2,3016, 879 12, 997 2,55075856240546035253245796074975640:6442714061831671121247581,1277624924256318385644898166356364121112081501671911469919997137721052,2244,0281,6182,0441,9802,3862,39091"9902,6704,8554,8825,0365,9734, 8904,9205,6917,6017,0837,4882088589916813255698684743086571,0803,2794,5915,9294,6064,0066,5318,1807,9606,7807, 420 10, 049 7,9578, 002 10, 749 9,66310,035 12, 81011,9311,6621,6431,8042,3121,7062,3112,1341,8512,7502,4122,5132,3602,2664,4312,2392,1102,1152,6152,6231,0431,1473,1425,9026,7576,4666,9595,9596,2617,6079,3808, 7559,3652, 4852,3592,3142,8922,2092,9352,6412,9643,5323,2432,9413,0931,9881,8141,6992,4571,9472,5892,3692,7583,2232,9902,7842,9341113805745041704246612871412526382,1153,4094,2213,7242.9665,1106,3125,6475,1105, 3336,7099,0521,2581,2308981,9481.0761,8641,6372,1322,6232.2621,8812,28596!478!417177155145J207187)16714051,|1,182i1, 7088821,04111, 42l|1, 868j2, 313i1, 670;2,6242,954!2, 8791730584801,5091871 j725732626600903164911, 865|3,3681,1001, 206!l,69oj1,8541,5833967392, 38914, 555]2, 868 :1,352307!4011, 2714866642601,8751,227364225320!30740319710613086421545963!1932041482229519217217310096267610524722952984589537535709864721654177238212237155215187164255194941111 These data cover substantially all new issues of State, municipal, and corporate securities offered forcash sale in the United States in amounts over $100,000 and with terms to maturity of more than 1 year.2 Excludes notes issued exclusively to commercial banks, intercorporate transactions, and issues soldthrough continuous offerings, such as securities of open-end investment companies and employee-purchaseplans.3 Number of units multiplied by offering price.4 Net proceeds represents the amount received by the issuer after payment of compensation to distributorsand other costs of flotation.5 Preliminary.NOTE.—Detail will not necessarily add to totals because of rounding.Sources: Securities and Exchange Commission, The Commercial and Financial Chronicle, and The BondBuyer.185