United States yearbook - 1940 (1)

STOCK EXCHANGE TRANSACTIONS 3 0 5
N o. 8 3 4 .—Sales of Stocks and B onds on All R egistered E xchanges
[ All money figures in millions of dollars; number of shares of stock in millions. Stock sales include rights
_______
and warrants!
YEAR Atrn
QUARTER
Market
Jvalzid o f
all sales
ALL R E G IS T E R E D EXCHANGES
Stocks
Shares Market value
Par
value
Bonds
Market value
Market
value of
all sales
N E W Y O R K STOCK EX CHANGE
Stocks
Shares Market value
Par
value
Bonds
Market
value
1938.................................. 13,927 542 12,338 2 ,3 1 0 1 ,580 12.3QG 424 u , o i 6 1 ,9 3 2 1,290
J e n . - M n r . . ........ 2, m 114 2 ,5 2 0 551 386 2,576 87 2 ,252 472 324
Apr.-June_____ 3 ,5 2 4 102 2 ,1 6 9 612 365 2 ,2 2 4 79 1,930 421 294
July-sept.......... 3 ,9 3 9 152 3 ,5 6 3 543 386 3, 529 122 3 ,2 1 5 452 314
Oct.-Dcc_____ 4 ,5 5 8 m 4 ,1 0 5 704 453 3 ,9 7 0 137 3 ,6 1 9 587 357
1939........... ...................... 1 3 ,3 4 7 467 11,426 2 ,5 9 0 1,921 11,488 366 9 ,9 7 0 2 ,1 2 1 1,518
Jan.-Mnr.......... 3 ,3 0 3 114 2 ,8 4 0 637 463 2,804 88 2,461 495 343
Apr.-June------- 2 ,4 1 3 88 2 ,0 4 0 503 372 2; 052 68 1,776 393 277
July-Sopt-------- 4 ,4 1 1 155 3 ,7 4 9 820 662 3 ,8 7 8 125 3,316 705 501
O e t . - D e c _____ 3 ,2 1 9 110 2 ,7 9 6 830 423 2 ,7 6 4 86 2,417 528 337
1M0;
Jan.-Mar_____ 2,381 87 1 ,9 9 0 525 341 1 ,9 3 3 64 1,669 429 266
Apr.-June........ J 3 ,5 0 8 140 3,133 585 376 2, 903 112 2,695 472 2g8
No. 38S .— B r o k e r s ’ L o a n s—A m o u n ts O u tsta n d in g : 1928 t o 1940
N o te .—-In millions of dollars. Figures cover net borrowings by all New York Stock Exchange members
on collateral contracted for and carried in Now York City. Figures are reported as of the first of eaoh
month hut are here shown ns of the end of the preceding m o n t h __________________________
TEAR Mar. June Sept. Deo.
YEAR AND
MONTH
Total
Demand
Time
YEAR AND
month
Total
Demand
Time
1028.............. 4, mo 4 , m 5,514 6,440 1939: 1939-Con.
1929.............. 6,804 7,071 8.649 3,990 Jan___ 666 033 34 Nov......... 574 544 31
1030 ............. 4,050 3.728 3,481 V, 894 Feb____ 683 640 37 D ec.......... 594 565 30
1931............. 1,909 1,391 1,044 587 M ar......... 055 617 38 1940:
1032 . '633 244 '380 347 Apr.......... 547 515 32 Jan_____ 660 533 27
1933.............. 311 780 897 84S M ay........ 540 515 30 Feb......... 555 529 26
1934............... 981 1,082 832 880 June........ 537 509 28 M ar......... 570 BBC 20
1035.- . . 773 800 781 938 July......... 554 527 27 A p r........ 67s 561 20
1036............... 997 989 072 1,051 A ug'-----. 509 478 81 M ay........ 409 391 18
1037............... 1,159 1, 186 1,039 069 Sept......... 467 434 34 June........ 332 317 15
1938............... 821 470 524 717 Oct.......... 634 502 32
No. 3 3 6 .—C ustom ers’ D eb it B alances, M oney Borrow ed, and R e la te d
Item s—Stock E xchange Firms C arrying M argin Accounts: 1937 to 1940
N o te ,—All figures in m illions of dollars. Data relate to member firms of the New York Stock Exchange
carrying margin accounts. Figures are derived from money balances as shown by the ledger and do
not include the value of securities carried for customers or owned hy the firms. For detailed discussion
of these figures, see Federal Reserve Bulletin, September 1936_____________________________________
YEAR AND MONTH
Customers’
debit
balances
(not)1
d e b it balances
Debit balances in
investment and
trading accounts
of—
Cash on
hand
and in
banks
Money
borrowed
1
Customers’
credit
bal-
CREDIT BALANCES
Credit balances in
investment and
trading accounts
of—
Partners Firm
ances1 Partners Firm
Credit
balances
ncapital
accounts
(net)
1037—September.... 1,303 48 128 230 1,088 352 26 12 385
December__ 985 34 108 232 688 363 26 10 355
1038—March........... 831 29 95 215 576 320 25 9 315
June---------- 774 27 88 215 495 347 22 11 298
September.... 823 20 70 218 559 325 20 7 300
December.... 991 32 108 190 754 307 22 5 305
1939—March........... 953 27 84 174 609 284 20 9 294
June.............. 834 25 73 178 570 300 21 0 280
September__ 856 20 64 217 520 392 22 11 283
December.... 906 16 78 207 637 335 23 7 277
1040—March........... 886 15 78 186 815 317 21 7 270
June.............. 653 12 58 223 376 329 22 5 209
1Excluding balances with reporting firms (l) of member firms of New York Stock Exchange and other
national securities exchanges and (2) of firms' own partners.
1 Includes all money borrowed except from other member firms of national securities exchanges.
Sources: Table 334, Securities and Exchange Commission, Statistical Series; table 336, Commercial
and Financial Chronicle published currently; table 336, Board of Governors of the Federal Reserve System,
monthly figures published currently in Federal Reserve Bulletin.