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PUBLIC STORAGE PROPERTIES XIX, AN REIT ORGANIZED BY PUBLIC STORAGE OF GLENDALE, CALIF., BEGINS TRADING ON AMEX

            PUBLIC STORAGE PROPERTIES XIX, AN REIT ORGANIZED
      BY PUBLIC STORAGE OF GLENDALE, CALIF., BEGINS TRADING ON AMEX
    NEW YORK, Nov. 11 /PRNewswire/ -- The American Stock Exchange today announced that another finite life real estate investment trust organized by Public Storage, Inc. began trading 3,224,500 Series A common shares today.  Trading under ticker symbol "PSY," the stock opened on 200 shares at 5-3/4.
    Public Storage Properties XIX owns 14 properties; 12 "mini- warehouse" self-storage facilities, one business park and one combination self-storage/business park facility.  This REIT joins 15 other Public Storage REITs trading on the Amex this year.  Five REITs listed in March, one in July, eight in September, and the most recent, Partners Preferred Yield, Inc., listed earlier this month.
    The American Stock Exchange is the second largest securities exchange in the United States and the largest American exchange with significant markets in both equities and derivative products.  Today, it is an international institution on the cutting edge of trading floor technology, new product development and expansion into world markets through system linkages and globally traded products.
    -0-         11/11/91
    /CONTACT:  Lisa Neuner of the American Stock Exchange, 212-306-2028/
    (PSY) CO:  Public Storage Inc. ST:  New York IN:  FIN SU: CK -- NY046 -- 3044 11/11/91 12:33 EST
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Copyright 1991 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Nov 11, 1991
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