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May 7, 1934

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Headlines from May 7, 1934

PLEA TO CONGRESS FOR 486,000 FIRMS; 28 Leaders Hold Exchange Bill Unfair to Concerns Whose Stocks Are Not Listed. FEAR 'STRANGLING' RULES Letter Suggesting Numerous Revisions Is Sent to All Members of Congress. 486,000 FIRMS FILE 'CHANGE BILL PLEA

By Special to THE NEW YORK TIMES

Natl Com for Modification of Indus Sections of Securities Exch Act appeals for modification of bill on behalf of corps whose securities are not listed on exchs; Sen expected to pass com draft in form reptd

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