(ORDER LIST)

THURSDAY, SEPTEMBER 8, 1994

ORDER IN PENDING CASE

93-404 GUSTAFSON, ARTHUR, ET AL. v. ALLOYD CO., INC., ET AL.

The parties are ordered to file on or before

Tuesday, October 11, 1994 supplemental briefs addressing

the question whether § 12(2) of the 1933 Securities Act

applies to secondary transactions as well as to initial

offerings of securities. Oral argument in this case,

presently scheduled for October 11, 1994, is postponed.

Justice Stevens and Justice Ginsburg dissent from

the entry of the foregoing order.