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For sale by the Superintendent of Documents, U. S. Government Printing Office
Washington 25, D. C. Price 50 cents (Paper cover)

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SECURITIES AND EXCHANGE COMMISSION

Headquarters Office

425 Second Street NW.

Washington 25, D. C.

COMMISSIONERS

March 30, 1956

J. SINCLAIR ARMSTRONG, Chairman
CLARENCE H. ADAMS

ANDREW DOWNEY ORRICK

HAROLD C. PATTERSON

EARL F. HASTINGS

ORVAL L. DUBOIS, Secretary

DEPOSITED BY THE

UNITED STATES OF AMERICA

297AA

LETTER OF TRANSMITTAL

SECURITIES AND EXCHANGE COMMISSION,

Washington, D. C., March 30, 1956.

SIR: I have the honor to transmit to you the Twenty-first Annual Report of the Securities and Exchange Commission, covering the fiscal year July 1, 1954 to June 30, 1955, in accordance with the provisions of Section 23 (b) of the Securities Exchange Act of 1934, approved June 6, 1934; section 23 of the Public Utility Holding Company Act of 1935, approved August 26, 1935; section 46 (a) of the Investment Company Act of 1940, approved August 22, 1940; section 216 of the Investment Advisers Act of 1940, approved August 22, 1940; and section 3 of the act of June 29, 1949, amending the Bretton Woods Agreements Act.

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