The pride of an investment bank is expressed in the size and number of bond syndicates in which it participates. Last week the Wall Street Journal tabulated the relative positions of houses whose names appeared in new offerings totaling more than $50,000,000 during the first half of the year. Of 122 houses in this classification, the 20 leaders were:
National City Co $1,026,000,000
Guaranty Co 886,000,000
Harris, Forbes 875,000,000
Bankers Co 769.000,000
Halsey, Stuart 739,000,000
First National Bank 655,000,000
E. H. Rollins 639,000,000
J. P. Morgan & Co 605,000,000
Chase Securities 593,000,000
Lee, Higginson 569,000,000
Kuhn, Loeb & Co 552,000,000
Continental-Illinois 479,000,000
Dillon, Read & Co 418,000,000
ist National Old Colony 410,000,000
Bancamerica-Blair 389,000,000
Bonbright & Co...
