The number of applications, reports, and amendments filed with the Commission during the past year relating to the registration and listing of securities on national securities exchanges are as follows: New applications on basic forms and supplemental applica Amendments to applications and annual and current reports. 3, 210 125 The following table identifies the basic forms used by issuers in registering securities on national securities exchanges and shows for each form the number of securities registered and issuers involved as of June 30, 1938, and June 30, 1939: There is presented below a classification, by industries, of issuers having securities registered on national securities exchanges as of June 30, 1938, and June 30, 1939: Building and related companies (including construction and lumber). Beverages (breweries, distilleries, etc.). Textiles and their products.. Iron and steel (excluding machinery). Services (including advertising, amusements, hotels, etc.). Utility holding (electric, gas, and water).. Oil refining and distributing.. Paper and paper products.. Rubber and leather products (tires, shoes, etc.). Coal mining... Printing, publishing, and allied industries. Real estate.. Tobacco products. Utility operating-holding (electric, gas, and water). Miscellaneous domestic companies. Foreign private issuers, other than Canadian and Cuban.. Total. 306 270 209 80 2,485 2,449 The following table shows, separately for stocks and bonds, the number of securities, classified according to basis for admission to dealing, on all exchanges as of June 30, 1939. The number of shares of stock and the principal amount of bonds are shown for securities other than those admitted to unlisted trading privileges: -Duplications in this column have been eliminated both as to exchanges and bases for admission to dealing, e. g., if a security is registered on more than one national securities exchange, listed on an exempted exchange, and also unlisted on another national securities exchange, it is counted only once under "Registered." Thus, the totals for this column are the totals of securities admitted to trading on all exchanges after elimination of all duplications. Duplications in this column have been eliminated only as to exchanges, e. g., if a security is listed on more than one exempted exchange, it is counted only once under such status. Includes 2 stock issues in pounds sterling in the amounts of £2,803,381 listed and £301,690 for addition to list. These amounts are excluded from the number of shares shown above. *Includes 8 bond issues in pounds sterling and 2 bond issues in French francs in the amounts of £36,956,380 and 65,375,500 French francs listed. These amounts are excluded from the principal amount in dollars shown above. Includes certain securities resulting from modifications of previously listed securities, securities of certain hanks, and securities of certain issuers in bankruptcy or receivership or in the process of reorganization under the Bankruptcy Act. These securities have been temporarily exempted from the operation of Section 12 (a) of the Securities Exchange Act of 1934 upon specified terms and conditions and for stated periods pursuant to rules and regulations of the Commission. The following table shows, separately for stocks and bonds, the number of securities registered and admitted to unlisted trading privileges on one, or more than one, national securities exchange as of June 30, 1939: Unduplicated total of stock issues registered and admitted to unlisted (•) Registered on 1 exchange only. (*) Admitted to unlisted trading privileges on 1 exchange only. (•) Registered on more than 1 exchange. .3, 457. 925-26.75% of unduplicated total. ..1,829. ..178-9.73% of unduplicated total. (4) Admitted to unlisted trading privileges on more than 1 exchange. (•) Registered on 1 exchange and admitted to unlisted trading privileges on 1 exchange. (1) Registered on 1 exchange and admitted to unlisted trading privileges on more than 1 exchange. (•) Registered on more than 1 exchange and admitted to unlisted trading privileges on 1 exchange. (*) Registered on more than 1 exchange and admitted to unlisted trading privileges on more than 1 exchange. The following table shows for each exchange the numbers of issuers and securities and basis for admission to dealing as of June 30, 1939: • Exempted from registration as a national securities exchange. R, registered; X, temporarily exempted from registration; U, admitted to unlisted trading privileges on a national securities exchange; XL, listed on an exempted exchange; and XU, admitted to unlisted trading privileges on an exempted exchange. Withdrawal or Striking of Securities from Listing and Registration on Excharges. During the preceding fiscal year, which ended June 30, 1938, the New York Stock Exchange developed a policy of removing from its list of securities eligible for trading those issues which, for one reason. or another, had become no longer suited to trading in the auction. market which it maintains. During the past fiscal year, that Exchange continued this policy by seeking to remove from listing and registration those issues which, because of inadequate public distribution, inactivity, or the reduced market value of public holdings, it considered to be no longer properly included within its security list. In carrying forward this program to improve the quality of its stock and bond lists, that Exchange filed 22 applications for withdrawal or striking of securities from listing and registration in accordance with the requirements of Section 12 (d) of the Securities Exchange Act of 1934, of which 15 were granted and 7 were pending as of the end of the year.. |