Goldman, Sachs & Co. ended the first half of 1994 as the leading senior manager of long-term municipal bonds, by dint of strong second-place finishes in negotiated and competitive underwriting, according to figures provided by Securities Data Co.

Goldman was senior manager for 148 issues totaling $9.54 billion in the first half of 1994, accounting for 10.6% of the $89.98 billion of new-issue volume reported by Securities Data. The firm thus lengthened the lead it took in the first quarter of 1994, following its second-place finish in 1993.

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