During the first seven months of 1931 new financing (excluding municipal bonds) came to $1,986,360,000 against $3,901,411,000 in the same period last year. $4,149,448,000 in 1929. Leading houses according to statistics issued last week by National Statistical Service, Inc., were:
Headed Total Business Chase Harris Forbes
Corp $250,770,000 $857,413,000
Halsey, Stuart & Co. 247,044,000 523,634,000 J. P. Morgan & Co. . 219,000,000 219,000,000
'Guaranty Co 193,000,000 638,200,000
National City Co... 142,000,000 543,500,000
Chief changes from last year among the leaders were the drop of J. P. Morgan & Co. from first place, the rise of...
