APPENDIX 
569 
Special Requirements for Listing Foreign Government 
Bonds 
Data required in addition to Regular Requirements in connection with 
proposed Listings. 
f. (a) Statement of debt, internal and external, and currency in which 
it is to be paid; statement of external debt to be computed in 
dollars. 
{t) Contingent and actual liabilities, and priority. 
(c) Revenue or assets pledged, if any, under present and other loans, 
and nature of administration. 
(d) Summary of such revenue receipts and income from such assets 
for preceding five years, stated in dollars, if avaiiable. 
(e) Status of the law under which said revenue or assets are pledged. 
2. Past debt record with respect to: 
(a) Defaults; 
(b) Scaling down interest payments; 
(c) Suspending sinking fund payments. 
3. Where listed. 
4. Currency in which interest and principal are to be paid. 
5. Tax liability and exemption. 
6. Statement of governmental income and expenditure for whatever 
account in the preceding five years. 
7. Statement of the sums required, in dollars, to meet foreign interest 
charges in each of the five preceding years. ’ 
8. Statement in terms of weight and dollars (converted) of merchan- 
lise imports and exports in each of the preceding five years. 
9. Statement of covenants, if any, with respect to payment of principal 
and interest of bonds dependent upon state of Peace or War and nationality 
of holder. 
Tentative Special Requirements for Listing Investment 
Trust Securities 
The Committee on Stock List is prepared to receive applications to 
list the securities of certain types of companies commonly designated as 
Investment Trusts and to consider each application on its merits. 
The Committee regards as falling within this designation such companies 
as are engaged primarily in the business of investing and reinvesting in 
the securities of other corporations for the purpose of revenue and for 
profit, and not in general for the purpose of exercising control. 
As companies of this nature represent a relatively recent development 
'n American finance, the Committee designs, in promulgating these require- 
ments, merely to give to prospective applicants information as to the policies 
which will guide it in the light of its present knowledge. As experience 
with conditions gained through actual applications progresses, the right is 
reserved to alter or amend these requirements, in the discretion of the 
Committee, without notice. 
For the present, applications for listing securities of Investment Trusts 
will be considered onlv when such trusts are of the general or management 
type. 
In order that securities falling within this category may be eligible for 
listing, an application must be filed with the Secretary of the Exchange in