Release: NBER Macrohistory Database
Series Is Presented Here As Two Variables--(1)--Original Data, 1934-1953 (2)--Original Data, 1953-1964. Beginning In 1941, Figures Were Obtained By Deducting "Other Debt" From "Total Debt And Stock." "Other" Debt Probably Includes Bank Loans And Mortgages, No Definition Is Given. Figures For 1953 Were Obtained From The Survey Of Current Business, February 1954, After Which The Estimates Of Securities Issued For Retirement Were Revised. The 20Th Annual Report Of The Sec (Fiscal Year Ended June 30, 1954) Indicates That A Number Of Amendments To The Securities Laws As Well As Revisions Of Rules Became Effective In That Year, There Is, However, No Explanation For The Change In The Statistics. Source: For 1934-1940 Data: Banking And Monetary Statistics. 1943, Table 138 In The Section Entitled"Money Rates And Security Markets"; For 1941-1953 Data: Business Statistics, 1947, The Supplement To The Survey Of Current Business And Subsequent Supplements
This NBER data series m10117a appears on the NBER website in Chapter 10 at http://www.nber.org/databases/macrohistory/contents/chapter10.html.
NBER Indicator: m10117a
National Bureau of Economic Research, New Corporate Securities Offered for Cash, Proposed Use of Estimated Net Proceeds, Retirement of Securities, All Industries for United States [M1017AUSM144NNBR], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/M1017AUSM144NNBR, August 23, 2017.