came effective February 4, 1940), and 14 releases concerning the duties of the Commission under Chapter X of the Bankruptcy Act. In addition to continuing the daily publication of the figures showing odd-lot trading on the New York Stock Exchange, the Commission has continued its "Registration Record." The daily registration record presents a brief description of data filed with the Commission under the Securities Act of 1933 and the Trust Indenture Act of 1939 and contains such matters as thumb-nail sketches of registration statements, applications for qualification of indentures, amendments thereto, effective dates, and certain information with respect to formal proceedings instituted by the Commission pursuant to these Acts. This publication is sent gratis upon request and about 4,000 persons have had their names placed on the mailing list to receive it currently as released. A classification of the releases issued by the Commission during the past fiscal year follows: Opinions and orders.. 553 Filing of registration statements, applications, and other pub Other publications issued by the Commission during the year included the following: Report to the Congress on the Study of Investment Trusts and Investment Companies: Part Three.-Abuses and Deficiencies in the Organization and Operation of Chapter III.-Problems in Connection with the Distribution and Re- Chapter IV-Problems in Connection with Shifts in Control, Mergers and Consolidations of Management Investment Companies. Chapter V-Problems in Connection with Capital Structure. Chapter VI-Accounting Practices and Reports to Stockholders Generally-Accounting Practices of the United Founders Group Companies with a Description of Their Activities. Supplemental Reports: of Investment Counsel, Investment Management, Investment Supervisory Commingled or Common Trust Funds Administered by Banks and Trust Companies Sponsoring Instalment Investment Plans. Fixed and Semifixed Investment Trusts. Companies Issuing Face-Amount Installment Certificates. Twenty-four semimonthly issues of the Official Summary of Stock Transactions and Holdings of Officers, Directors, and Principal Stockholders. An alphabetical list of Over-the-Counter Brokers and Dealers registered with the Commission as of June 30, 1939, together with the supplements thereto. List of Securities Traded on Exchanges under the Securities Exchange Act of 1934, as of June 30, 1939, and as of December 31, 1939, together with the supplements thereto. Decisions and Reports of the Commission: Volume 3, Part 2-July 1, 1938, to October 31, 1938. Volume 4, Part 1-November 1, 1938, to January 31, 1939. Volume 4, Part 2—February 1, 1939, to May 31, 1939. Investigation in the Matter of McKesson & Robbins, Inc.: Testimony of Expert Witnesses. PERSONNEL At the close of the fiscal year ended June 30, 1940, the personnel of the Commission comprised 5 Commissioners and 1,665 employees. Of these 1,665 employees, 1,110 were men, and 555 were women. Statistics: Total obligations for salaries and expenses. 5, 379, 245 Obligations for printing and binding. Grand total obligations.. 69, 820 5, 449, 065 Unobligated balance.... Appropriations.......... 20, 935 5, 470,000 RECEIPTS FOR THE FISCAL YEAR 1940 During the fiscal year the Commission received $492,640.36 in revenue. The source and disposition of the amounts collected are as follows: Comparison of receipts for the fiscal year 1940 with those for the fiscal years 1937, 1938, and 1939, and the total receipts of the Commission since its creation 444, 119. 97 Fees from registered exchanges. tions Miscellaneous revenue... Grand total 1, 128, 098. 95 1, 103, 780. 13 716, 456. 35 575, 399. 50 492, 640. 36 4,016, 375. 29 545, 792.08 474, 292. 93 $657, 150.14 $528, 020. 17 $220, 480. 39 $276, 072. 12 $204, 210. 75 $1, 885, 933. 57 278, 474. 74 400.00 2,009,612.25 |