TABLE IV-1.-Corporate security offerings for account of issuer by type of security and registration status 1 The totals in this table cover substantially all issues of corporate securities offered for cash sale in the United States for the account of issuers, in amounts over $100,000 and with terms to maturity of more than 1 year. Excluded are notes issued exclusively to commercial banks, intercorporate transactions, issues of investment companies, and offerings under employee-purchase plans. The figures include a small amount of unsold securities, chiefly nonunderwritten issues of small companies. Includes convertible issues. Includes only issues between $100,000 and $300,000 in size. Prior to May 1945 issues of this size were required to be registered and are included in the preceding column. In May 1945 regulation A was amended extending the exemption to issues $300,000 or less in size. heading "Public Utility." 1/ Prior to 1948 all electric, gas and water, communication, transportation other than railroad issues were grouped together under the heading "Industrial and miscellaneous." Similarly, manufacturing, extractive, commercial and miscellaneous issues were grouped together under the From 1948 through 1952 issues of extractive companies were included in the category "Commercial and miscellaneous." 2/ Excludes investment companies. * Less than $500,000. All offerings: 1 TABLE IV-4.-Registered and exempt stock offerings by type of stock and account for which offered [Offerings for cash sale, 1959-61. Thousands of dollars] Common stock. Preferred stock. 2, 523, 152 413, 897 Total. 2,937, 049 1 As in tables IV-1 to IV-3, inclusive, this table and the following ones exclude issues of investment companies and offerings under employee-stock purchase plans. Also excluded (but included in tables IV-1 to IV-3) are issues exempt from registration, such as bank stocks, railroad stocks, and issues offered privately or intrastate, balances of exchange transactions sold for cash proceeds, sales to special groups such as institutional investors, issues of theatrical productions, limited partnership agreements, and certificates of participation. However, this table, and the tables following, include parts of issues sold to affiliated corporations (whereas such sales are excluded in tables IV-1 to IV-3). In addition to these differences in coverage, there are some differences in dates at which issues are included in the statistics. These mainly pertain to rights offerings which are included at the expiration of rights date in tables IV-1 to IV-3, and in other tables at the initial offering date. |