424B3 1 f424b3_110707-utilities.htm
 
PROSPECTUS SUPPLEMENT
REGISTRATION NO. 333-36490
(To Prospectus dated August 15, 2007)
Filed Pursuant to Rule 424(b)(3)
 
 
 
 
 
1,000,000,000 Depositary Receipts
Utilities HOLDRS (SM) Trust

This prospectus supplement supplements information contained in the prospectus dated August 15, 2007 relating to the sale of up to 1,000,000,000 depositary receipts by the Utilities HOLDRS (SM) Trust.
 
The share amounts specified in the table in the “Highlights of Utilities HOLDERS” section of the base prospectus shall be replaced with the following:
 
Name of Company
  
Ticker
  
Share Amounts
  
Primary
Trading Market
American Electric Power Company, Inc.
  
AEP
  
14
  
NYSE
Centerpoint Energy, Inc.
  
CNP
  
13
  
NYSE
Consolidated Edison, Inc.
  
ED
  
9
  
NYSE
Dominion Resources, Inc.(1)
  
D
  
11
  
NYSE
Duke Energy Corporation
  
DUK
  
30
  
NYSE
Dynegy, Inc.
  
DYN
  
12
  
NYSE
Edison International
  
EIX
  
15
  
NYSE
El Paso Corporation
  
EP
  
10
  
NYSE
Entergy Corporation
  
ETR
  
10
  
NYSE
Exelon Corporation
  
EXC
  
30
  
NYSE
FirstEnergy Corporation
  
FE
  
10
  
NYSE
FPL Group, Inc.
  
FPL
  
16
  
NYSE
PG&E Corporation
  
PCG
  
17
  
NYSE
Progress Energy, Inc.
  
PGN
  
7
  
NYSE
Public Service Enterprise Group Incorporated
  
PEG
  
10
  
NYSE
Reliant Energy, Inc.
  
RRI
  
10.2518
  
NYSE
The Southern Company
  
SO
  
29
  
NYSE
Texas Utilities Company(2)
  
TXU
  
24
  
NYSE
The Williams Companies, Inc.
  
WMB
  
20
  
NYSE
             
 
(1)
Due to the 2 for 1 stock split of Dominion Resources, Inc., the quantity of shares of Dominion Resources, Inc. (NYSE  ticker “D”), an underlying constituent of the Utilities HOLDRS Trust, represented by each 100 share round lot of  Utilities HOLDRS increased to 22 (from 11). As a result, effective November 26, 2007, creations of Utilities  HOLDRS will require 22 shares of Dominion Resources, Inc. per round lot of 100 Utilities HOLDRS.
 
(2)
The merger between TXU Corporation (NYSE ticker “TXU”), an underlying constituent of the Utilities HOLDRS Trust, and Texas Energy Future Merger Sub Corp. became effective on October 10, 2007. As a result, effective close  of business October 17, 2007, TXU Corporation will no longer be an underlying constituent of the Utilities HOLDRS  Trust. For the 24 shares of TXU Corporation represented by each 100 share round lot of Utilities HOLDRS, The Bank  of New York will receive $1,662.00.
 
The share amounts listed in the table above reflect all previous stock splits, dividends and business combination transactions.
 
The date of this prospectus supplement is September 30, 2007.