Delta said it had completed raising $1.25 billion through the sale of similar securities.

The sale of securities depresses their price and so raises interest rates.

It is the bank's first sale of such securities.

Included under the investment income category are interest, dividends and capital gains from the sale of securities.

Commission rules further require the notice to be filed within 15 days after the first sale of securities in the offering.

Next he proposed a tax on the sale of securities that would bring in $17 billion annually.

The net profit came partly from the sale of securities.

But without the one-time sale of securities they would have had the operating loss we were all looking for.

Lawmakers stated that the law was an attempt to prevent the sale of securities which had nothing behind them other than the "blue sky."

Results for 1988 included a loss of $206,000 from the sale of securities.