Some firms say they sell such stock short, particularly new issues, as a way of supporting prices.
Improved investor demand and falling interest rates have encouraged more corporations to sell corporate issues.
At that point Klima began selling single issues and subscriptions.
Profits are down in many other financial areas, like managing money, lending to corporations and selling new issues of stocks or bonds.
In 1989 the securities industry collected revenues from selling new issues of corporate stock totaling $772 million.
In addition to its counter presence, Brooker sold issues to mail order customers when they called up to place orders for games.
Today, with the market back at record levels, investment firms are selling new issues again.
At that time, the Treasury normally sells issues due in 3, 10 and 30 years.
It continues to sell books and back issues of its defunct magazines, but no longer publishes any.
The process of selling new issues to investors is called underwriting.