Securities and Exchange Act of 1934

Albert H Alleghany Corporation amount bill bonds borrow broker BULWINKLE certificates CHAIRMAN Chase National Bank Chase Securities Corporation Clarence Dillon collateral Commissioner LANDIS Committee Exhibit common stock CORCORAN Cutten deposits Detroit Bankers Detroit Union Group directors dividends effect Federal Reserve Federal Trade Commission financing firm funds GOLDENWEISER Guardian Detroit Union Guardian Trust HUDDLESTON interest interstate commerce investment trust investors issue J. P. Morgan KENNEY Kuhn listed loans Loeb Loeb & Co MAPES MARLAND National City national securities exchange O'BRIEN officers operations option PECORA percent person PETTENGILL pool profit provisions purchase purpose railroad Read & Co registered rules and regulations Senator COUZENS short selling sold specialist speculation statement stockholders supra syndicate tion transactions Union Trust unit banks unlisted WHITNEY WIGGIN WOLVERTON York Curb Exchange York Stock Exchange