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CONTENTS

Page

O'Neal, Hon. Emmet, Member of Congress from State of Kentucky.

Wood, David M., of Wood, Hoffman, King & Dason, attorneys, New

York City.

Arnold, Hazen S., chairman, municipal securities committee, Invest-
ment Bankers' Association, Toledo, Ohio.

Folger, Clifford, president, Investment Bankers' Association, Wash-
ington, D. C..

Weigold, Charles E., president, C. E. Weigold & Co., New York City.
Frye, Arnold, American Bar Association, New York City....
O'Keefe, Thomas G., Ohio State Teachers' Retirement System, Colum-
bus, Ohio...

Hagerman, Earl E., director of finance, city of Dayton, Ohio..

Murphy, Hon. W. Tayloe, treasurer, State of Virginia, Richmond Va

Purcell, Hon. Ganson, Chairman, Securities and Exchange Commis-

sion...

Pike, Hon. Sumner T., member, Securities and Exchange Commission.

Communications and documents submitted:

Report on H. R. 1502, Seventy-eighth Congress, by the Securities and

Exchange Commission..

Analysis of above report submitted by David M. Wood, of New York

City

Comments on above analysis of above report, submitted by Chairman
of Securities and Exchange Commission..

Text of proposed rule X-15Č1-10 of the Securities and Exchange Com-

mission...

71

95

98

98

Letter dated February 17, 1945, from Hon. Jimmie H. Davis, Governor

of Louisiana__

Letter dated February 16, 1945, from Austin J. Tobin, executive

director, the Port of New York Authority.

Letter dated February 15, 1945, from Hon. Bernard Samuel, mayor,
Philadelphia, Pa...

Resolution signed by Donald C. Scribner, executive secretary, County
Officers' Association, State of New York, dated February 9, 1945.
Letter dated February 20, 1945, from R. B. Upham, comptroller, of the
city of Chicago, Ill.

Rules relating to over the-counter markets:

Texts of Rules X-151C1-1 to X-15C1-9.

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