Table 2.-Type of security, method of distribution and group to whom offered-Securities proposed for sale for the account of issuers-Effectively registered under the Securities Act of 1933-Fiscal year ended June 30, 1942

1/ All data are shown as of the effective date of registration with the exception of issues subject to competitive bidding, which are included in the period during which the results of the bidding were made known to the Commission by post-effective amendment.

2/ Rounding off figures has resulted in slight differences between the totals and the actual sums of the components.

3/ Includes certificates of participation, face-amount certificates and warrants.

Note. For earlier data see First to Seventh Annual Reports of the Commission.

Table 4.--New issues of securities offered for cash in the United States 1/2/

1/ Data include all offerings reported in the financial press or in records of the Commission. Excluded are issues having maturities of less than one year; issues with gross
proceeds of $100,000 or less; offerings which do not appear in the financial press (largely those sold through continuous offering, such as sales of securities of open-end
investment companies); and intercorporate transactions. All figures are subject to revision as new data are received.

E QUO

Rounding off figures has resulted in slight differences between the totals in the table and the actual sum of the components.

Gross proceeds are derived by multiplying principal amounts or numbers of units by offering prices, except for municipal issues where principal amount is used.
Issues sold by competitive bidding directly to ultimate investors are included as publicly offered issues.

Issues placed privately consist primarily of corporate securities, the amounts of non-corporate issues included in the above total being as follows, by fiscal years: 1935, $80,568,000; 1936, none; 1937, $4,500,000; 1938, $3,250,000; 1939, $52,351,000; 1940, $34,873,000; 1941, $10,800,000; and 1942, $1,900,000.

6/ Includes offerings by the United States Government and agencies, and by United States insular and territorial possessions; by states, municipalities, and other governmental subdivisions; by common carriers; by banks, and by charitable, religious, educational, and other non-profit institutions.

7/ Securities for which registration under the Securities Act of 1933 would be required if they were publicly offered.

Table 4.-New issues of securities offered for cash in the United States 1/2