424B3 1 ss30552_424b3.htm
 
   
PROSPECTUS SUPPLEMENT
REGISTRATION NO.  333-52022
(To Prospectus dated August 15, 2007)
Filed Pursuant to Rule 424(b)(3)

 
 
1,000,000,000 Depositary Receipts
Oil Service 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 Oil Service HOLDRS (SM) Trust.
 
The share amounts specified in the table in the “Highlights of Oil Service HOLDRS” section of the base prospectus shall be replaced with the following:
 
Name of Company
  
Ticker
  
Share
Amounts
  
Primary
Trading
Market
Baker-Hughes Inc.
  
BHI
  
21
  
NYSE
BJ Services Company
  
BJS
  
28
  
NYSE
Cameron International Corporation(1)
  
CAM
  
8
  
NYSE
Diamond Offshore Drilling, Inc.
  
DO
  
11
  
NYSE
ENSCO International Inc.
  
ESV
  
11
  
NYSE
Exterran Holdings, Inc.
  
EXH
  
1.625
  
NYSE
Grant Prideco, Inc.
  
GRP
  
9
  
NYSE
Halliburton Company
  
HAL
  
44
  
NYSE
Nabors Industries Ltd.
  
NBR
  
24
  
NYSE
National Oilwell Vargo Inc.
  
NOV
  
14
  
NYSE
Noble Corporation
  
NE
  
22
  
NYSE
Rowan Companies, Inc.
  
RDC
  
8
  
NYSE
Schlumberger Ltd.
  
SLB
  
22
  
NYSE
Smith International, Inc.
  
SII
  
16
  
NYSE
Tidewater Inc.
  
TDW
  
5
  
NYSE
(New) Transocean Inc.(2)
  
RIG
  
22.094
  
NYSE
Weatherford International Ltd.
  
WFT
  
18
  
NYSE
             

 
(1)           Effective January 4, 2008, deposits of Cameron International Corporation (NYSE ticker “CAM”) for creation of Oil Service HOLDRS Trust will increase to 16 “CAM” (instead of 8 “CAM”) per round lot of 100 Oil Service HOLDRS Trust due to the 2 for 1 stock split of Cameron International Corporation.
 
(2)           The merger of GlobalSantaFe Corporation (NYSE ticker “GSF”) and Transocean, Inc. (NYSE ticker “RIG”) became effective on November 27, 2007.  As a result, (New) Transocean, Inc. replaced GlobalSantaFe Corporation as an underlying security of the Oil Services HOLDRS Trust.  For the 19.975 shares of GlobalSantaFe Corporation per 100 share lot of Oil Service HOLDRS Trust, The Bank of New York Mellon received 9.5021075 shares of (New) Transcean, Inc. and $448.6385, and for the 18 shares of Transocean, Inc. per 100 share round lot of Oil Service HOLDRS Trust, The Bank of New York Mellon received 12.5928 shares of (New) Transocean, Inc and $594.54.  The Bank of New York Mellon distributed cash at a rate of $10.431785 per depositary share of Oil Service HOLDRS on December 4, 2007.
 
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 December 31, 2007.