
    No. 601.
    Lownsbury et al. v. Securities & Exchange Commission et al.
    January 2, 1946.
    
      Mr. Alfred J. Snyder and Miss Elizabeth C. Lowns-bury for petitioners.
    
      Solicitor General McGrath, Messrs. Roger S. Foster and Milton V. Freeman for the Securities & Exchange Commission, respondent.
   The motion to defer consideration is denied. The petition for writ of certiorari to the Circuit Court of Appeals for the Third Circuit is also denied.

Mr. Justice Douglas took no part in the consideration or decision of these applications.  