One is to manifest company's credit and another to equity securities.
The funds for the purchases came from the $177 million sale of new equity securities.
In January 1984, Sweden introduced a 0.5% tax on the purchase or sale of an equity security.
The firm developed a nationwide retail brokerage network to market its various debt and equity securities.
Regulators eventually ruled banks could even buy and sell equity securities to "hedge" this activity.
Columbia officials say some equity securities are carried on their books below real value.
But he made clear that the company was determined to sell new equity securities, although he stopped short of giving details.
He added that "the market for new issues of corporate equity securities is not the best" and concluded, "We will see less supply of stock."
A. There has been a sense that they need to sell another equity security to pay for all the projects they have going on.
The company said its loss for the quarter reflected a $45.8 million write-down in the value of some equity securities.