97-28421. Securities Credit Transactions; List of Marginable OTC Stocks; List of Foreign Margin Stocks  

  • [Federal Register Volume 62, Number 207 (Monday, October 27, 1997)]
    [Rules and Regulations]
    [Pages 55495-55500]
    From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
    [FR Doc No: 97-28421]
    
    
    
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    Rules and Regulations
                                                    Federal Register
    ________________________________________________________________________
    
    This section of the FEDERAL REGISTER contains regulatory documents 
    having general applicability and legal effect, most of which are keyed 
    to and codified in the Code of Federal Regulations, which is published 
    under 50 titles pursuant to 44 U.S.C. 1510.
    
    The Code of Federal Regulations is sold by the Superintendent of Documents. 
    Prices of new books are listed in the first FEDERAL REGISTER issue of each 
    week.
    
    ========================================================================
    
    
    Federal Register / Vol. 62, No. 207 / Monday, October 27, 1997 / 
    Rules and Regulations
    
    [[Page 55495]]
    
    
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    FEDERAL RESERVE SYSTEM
    
    12 CFR Parts 207, 220, 221 and 224
    
    [Regulations G, T, U and X]
    
    
    Securities Credit Transactions; List of Marginable OTC Stocks; 
    List of Foreign Margin Stocks
    
    AGENCY: Board of Governors of the Federal Reserve System.
    
    ACTION: Final rule; determination of applicability of regulations.
    
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    SUMMARY: The List of Marginable OTC Stocks (OTC List) is composed of 
    stocks traded over-the-counter (OTC) in the United States that have 
    been determined by the Board of Governors of the Federal Reserve System 
    to be subject to the margin requirements under certain Federal Reserve 
    regulations. The List of Foreign Margin Stocks (Foreign List) is 
    composed of foreign equity securities that have met the Board's 
    eligibility criteria under Regulation T. The OTC List and the Foreign 
    List are published four times a year by the Board. This document sets 
    forth additions to and deletions from the previous OTC List and the 
    previous Foreign List.
    
    EFFECTIVE DATE: November 10, 1997.
    
    FOR FURTHER INFORMATION CONTACT: Peggy Wolffrum, Securities Regulation 
    Analyst, Division of Banking Supervision and Regulation, (202) 452-
    2781, Board of Governors of the Federal Reserve System, Washington, 
    D.C. 20551. For the hearing impaired only, contact Dorothea Thompson, 
    Telecommunications Device for the Deaf (TDD) at (202) 452-3544.
    
    SUPPLEMENTARY INFORMATION: Listed below are the deletions from and 
    additions to the Board's OTC List, which was last published on July 28, 
    1997 (62 FR 40257), and became effective August 11, 1997. A copy of the 
    complete OTC List is available from the Federal Reserve Banks.
        The OTC List includes those stocks traded over-the-counter in the 
    United States that meet the criteria in Regulations G, T and U (12 CFR 
    Parts 207, 220 and 221, respectively). This determination also affects 
    the applicability of Regulation X (12 CFR Part 224). These stocks have 
    the degree of national investor interest, the depth and breadth of 
    market, and the availability of information respecting the stock and 
    its issuer to warrant regulation in the same fashion as exchange-traded 
    securities. The OTC List also includes any OTC stock designated for 
    trading in the national market system (NMS security) under rules 
    approved by the Securities and Exchange Commission (SEC). Additional 
    OTC stocks may be designated as NMS securities in the interim between 
    the Board's quarterly publications. They will become automatically 
    marginable upon the effective date of their NMS designation. The names 
    of these stocks are available at the SEC and at the National 
    Association of Securities Dealers, Inc. and will be incorporated into 
    the Board's next quarterly publication of the OTC List.
        Also listed below are the deletions from and additions to the 
    Foreign List, which was last published on July 28, 1997 (62 FR 40257), 
    and became effective August 11, 1997. A copy of the complete Foreign 
    List is available from the Federal Reserve banks.
    
    Public Comment and Deferred Effective Date
    
        The requirements of 5 U.S.C. 553 with respect to notice and public 
    participation were not followed in connection with the issuance of this 
    amendment due to the objective character of the criteria for inclusion 
    and continued inclusion on the Lists specified in 12 CFR 207.6(a) and 
    (b), 220.17(a), (b), (c) and (d), and 221.7(a) and (b). No additional 
    useful information would be gained by public participation. The full 
    requirements of 5 U.S.C. 553 with respect to deferred effective date 
    have not been followed in connection with the issuance of this 
    amendment because the Board finds that it is in the public interest to 
    facilitate investment and credit decisions based in whole or in part 
    upon the composition of these Lists as soon as possible. The Board has 
    responded to a request by the public and allowed approximately a two-
    week delay before the Lists are effective.
    
    List of Subjects
    
    12 CFR Part 207
    
        Banks, Banking, Credit, Margin, Margin requirements, National 
    Market System (NMS Security), Reporting and recordkeeping requirements, 
    Securities.
    
    12 CFR Part 220
    
        Banks, Banking, Brokers, Credit, Margin, Margin requirements, 
    Investments, National Market System (NMS Security), Reporting and 
    recordkeeping requirements, Securities.
    
    12 CFR Part 221
    
        Banks, Banking, Credit, Margin, Margin requirements, National 
    Market System (NMS Security), Reporting and recordkeeping requirements, 
    Securities.
    
    12 CFR Part 224
    
        Banks, Banking, Borrowers, Credit, Margin, Margin requirements, 
    Reporting and recordkeeping requirements, Securities.
    
        Accordingly, pursuant to the authority of sections 7 and 23 of the 
    Securities Exchange Act of 1934, as amended (15 U.S.C. 78g and 78w), 
    and in accordance with 12 CFR 207.2(k) and 207.6 (Regulation G), 12 CFR 
    220.2 and 220.17 Regulation T), and 12 CFR 221.2(j) and 221.7 
    (Regulation U), there is set forth below a listing of deletions from 
    and additions to the OTC List and the Foreign List.
    
    Deletions From the List of Marginable OTC Stocks
    
    Stocks Removed for Failing Continued Listing Requirements
    
    ACCUMED INTERNATIONAL, INC.
        Warrants (expire 10-14-97)
    ALLIANCE GAMING CORPORATION
        Series B, 15% non-voting senior specialty shares
    AMERICAN SENSORS, INC.
        No par common
    APPLIED SCIENCE & TECHNOLOGY, INC.
        Warrants (expire 11-10-98)
    BARRY'S JEWELERS, INC.
        No par common
        Warrants (expire 07-01-2002)
    CAMBEX CORPORATION
        $.10 par common
    CARNEGIE BANCORP (New Jersey)
        Warrants (expire 08-18-97)
    
    [[Page 55496]]
    
    CHROMAVISION MEDICAL SYSTEMS, INC.
        Rights (expire 08-05-97)
    COM/TECH COMMUNICATIONS TECHNOLOGIES
        $.0001 par common
    COMMUNITY MEDICAL TRANSPORT, INC.
        Warrants (expire 10-03-99)
    CONSOLIDATED ECO-SYSTEMS, INC.
        $.001 par common
    CONTROL DATA SYSTEMS, INC.
        $.01 par common
    CRAIG CONSUMER ELECTRONICS, INC.
        $.01 par common
    DIVERSINET CORPORATION
        No par common
    DORSEY TRAILERS, INC.
        $.01 par common
    FIRST MERCHANTS ACCEPTANCE CORP.
        $.01 par common
    GANDALF TECHNOLOGIES, INC.
        No par common
    GARDNER DENVER MACHINERY, INC.
        $.01 par common
    GROSSMAN'S INC.
        $.01 par common
    HEALTH MANAGEMENT, INC.
        $.03 par common
    HOLLYWOOD PARK, INC.
        Depositary shares
    HOME STATE HOLDINGS, INC.
        $.01 par common
    HOMEOWNERS GROUP, INC.
        $.01 par common
    IBIS TECHNOLOGY CORPORATION
        Warrants (expire 05-20-99)
    INNODATA CORPORATION
        Warrants (expire 08-09-97)
    KOLL REAL ESTATE GROUP, INC.
        Series A, $.01 par convertible preferred
    MACHEEZMO MOUSE RESTAURANTS, INC.
        No par common
    MID-STATES PLC
        American Depositary Receipts
    MIDISOFT CORPORATION
        No par common
    OLD AMERICA STORES, INC.
        $.01 par common
    OMEGA ENVIRONMENTAL, INC.
        $.0025 par common
    PARADIGM TECHNOLOGY, INC.
        $.01 par common
    PEOPLE'S CHOICE TV CORP.
        $.01 par common
    PLAYNET TECHNOLOGIES, INC.
        $.001 par common
    RATTLESNAKE HOLDING COMPANY, INC.
        $.001 par common
    RENAISSANCE ENTERTAINMENT CORP.
        Class A, warrants expire 01-27-2000)
        Class B, warrants expire 01-27-2000)
    RIVER OAKS FURNITURE, INC.
        $.01 par common
    SCORE BOARD, INC., THE
        $.01 par common
    SERAGEN, INC.
        $.01 par common
    SOLV-EX CORPORATION
        $.01 par common
    SPEC'S MUSIC, INC.
        $.01 par common
    STANDARD FINANCIAL, INC.
        $.01 par common
    STERLING FINANCIAL CORPORATION
        Series A, $1.00 par cumulative convertible preferred
    STRAWBRIDGE & CLOTHIER
        Class A, $1.00 par common
    SUPERIOR ENERGY SERVICES, INC.
        Class B, warrants expire 12-08-2000)
    TOTAL WORLD TELECOMMUNICATIONS, NC.
        $.00001 par common
    TRACK DATA CORPORATION
        Warrants (expire 08-10-97)
    UNIONBANCAL CORPORATION
        Depositary shares
    VECTRA TECHNOLOGIES, INC.
        $.01 par common
    WAVE SYSTEMS CORPORATION
        Class A, $.01 par common
    
    Stocks Removed for Listing on a National Securities Exchange or Being 
    Involved in an Acquisition
    
    ADVANCED LOGIC RESEARCH, INC.
        $.01 par common
    AMERICAN FEDERAL BANK, FSB (South Carolina)
        $1.00 par common
    AMERICAN FILTRONA CORPORATION
        $1.00 par common
    AMERICAN MEDSERVE CORPORATION
        $.01 par common
    AMRION INC.
        $.0011 par common
    APOGEE, INC.
        $.01 par common
    ARDEN INDUSTRIAL PRODUCTS, INC.
        $.01 par common
    ARGYLE TELEVISION, INC.
        Class A, $.01 par common
    AST RESEARCH, INC.
        $.01 par common
    ATWOOD OCEANICS, INC.
        $1.00 par common
    AURUM SOFTWARE, INC.
        $.001 par common
    BANKATLANTIC BANCORP, INC. (Florida)
        Class A, $.01 par common
    BANKERS CORPORATION (New Jersey)
        $.01 par common
    BASIC PETROLEUM INTERNATIONAL LIMIT
        Ordinary Shares (BAH $3.00)
    BIOPSYS MEDICAL, INC.
        $.001 par common
    BLYVOORUITZICHT GOLD MINING COMPANY
        American Depositary Receipts
    BNH BANCSHARES, INC. (Connecticut)
        $1.00 par common
    BUCYRUS INTERNATIONAL, INC.
        $.01 par common
    BUFFELSFONTEIN GOLD MINES, LTD.
        American Depositary Receipts
    CARDINAL BANCSHARES, INC.
        No par common
    CARDIOMETRICS, INC.
        $.01 par common
    CB BANCORP, INC. (Indiana)
        $.01 par common
    CHANCELLOR BROADCASTING COMPANY
        Class A, $.01 par common
    COLLECTIVE BANCORP, INC.
        $.01 par common
    COLONIAL GAS COMPANY
        $5.00 par common
    COMMUNITY BANKSHARES, INC.
        $1.00 par common
    CRA MANAGED CARE, INC.
        $.01 par common
    CROP GROWERS CORPORATION
        $.01 par common
    CRYENCO SCIENCES, INC.
        Class A, $1.00 par common
    CRYOLIFE, INC.
        $.01 par common
    CULLEN/FROST BANKERS, INC.
        $5.00 par common
    DAKA INTERNATIONAL, INC.
        $.01 par common
    DARLING INTERNATIONAL INC.
        $.01 par common
    DBT ONLINE, INC.
        $.10 par common
    DELAWARE OTSEGO CORPORATION
        $.125 par common
    DIGEX, INCORPORATED
        $.01 par common
    DRECO ENERGY SERVICES LTD.
        Class A, no par common
    DRILEX CORPORATION
        $.01 par common
    DURCO INTERNATIONAL, INC.
        $1.25 par common
    EMCARE HOLDINGS, INC.
        $.01 par common
    ENVIROTEST SYSTEMS, INC.
        Class A, $.01 par common
    FIRST CITIZENS FINANCIAL CORP.
        $.01 par common
    FIRST MICHIGAN BANK CORPORATION
        $1.00 par common
    FIRST PATROIT BANKSHARES CORP.
        $2.50 par common
    FORT HOWARD CORPORATION
        $.01 par common
    GIDDINGS & LEWIS, INC.
        $.10 par common
    GOLDEN POULTRY COMPANY, INC.
        $1.00 par common
    GREATER NEW YORK SAVINGS BANK
        $1.00 par common
    
    [[Page 55497]]
    
    GREENWICH AIR SERVICES, INC.
        Class A, $.01 par common
        Class B, $.01 par common
    HAVERFIELD CORPORATION
        $.01 par common
    HECHINGER COMPANY
        Class A, $.10 par common
        Class B, $.10 par common
        5\1/2\% convertible subordinated debentures
    HOSPITALITY WORLDWIDE SERVICES, INC.
        $.01 par common
    HUDSON CHARTERED BANCORP, INC.
        $.80 par common
    IMAGYN MEDICAL, INC.
        $.01 par common
    INBRAND CORPORATION
        $.10 par common
    INDIANA FEDERAL CORPORATION
        $.01 par common
    INDUS GROUP, INC., THE
        $.001 par common
    INTERACTIVE GROUP, INC.
        $.001 par common
    JSB FINANCIAL, INC.
        $.01 par common
    KRYSTAL COMPANY, THE
        No par common
    MAXIS, INC.
        $.0001 par common
    McFARLAND ENERGY, INC.
        $1.00 par common
    MEMTEC LIMITED
        American Depositary Shares
    MICRO BIO-MEDICS, INC.
        $.03 par common
    MOTIVEPOWER INDUSTRIES, INC.
        $.01 par common
    MS FINANCIAL, INC.
        $.001 par common
    NATIONAL SANITARY SUPPLY COMPANY
        $1.00 par common
    NELLCOR PURITAN BENNETT, INC.
        $.001 par common
    NETFRAME SYSTEMS INCORPORATED
        $.001 par common
    NUMAR CORPORATION
        $.01 par common
    OCTEL COMMUNICATIONS CORPORATION
        $.01 par common
    OCWEN FINANCIAL CORPORATION
        $.01 par common
    ONTRAK SYSTEMS, INC.
        No par common
    OUTDOOR SYSTEMS, INC.
        $.01 par common
    PALMER WIRELESS, INC.
        Class A, $.01 par common
    PENN VIRGINIA CORPORATION
        $6.25 par common
    PEOPLE'S SAVINGS FINANCIAL CORP.
        $1.00 par common
    PEOPLES HOLDING COMPANY, THE
        $5.00 par common
    PHYSICIAN CORPORATION OF AMERICA
        $.01 par common
    PLANET HOLLYWOOD INTERNAIONAL, INC.
        Class A, $.01 par common
    PORTSMOUTH BANKSHARES, INC.
        $.10 par common
    PRIDE INTERNATIONAL, INC.
        No par common
    PRIME RETAIL, INC.
        $.01 par common
        Series B, cumulative convertible preferred
    PURE ATRIA CORPORATION
        $.0001 par common
    RAYMOND CORPORATION, THE
        $1.50 par common
    RCSB FINANCIAL, INC.
        $1.00 par common
    RENAISSANCE SOLUTIONS, INC.
        $.001 par common
    RIVERVIEW SAVINGS BANK, F.S.B.
        $1.00 par common
    ROYAL GRIP, INC.
        $.001 par common
    SECURITY CAPITAL CORPORATION
        $1.00 par common
    SEDA SPECIALTY PACKAGING CORP.
        No par common
    SERV-TECH, INC.
        $.50 par common
    SHARED MEDICAL SYSTEMS CORP.
        $.01 par common
    SIMPSON MANUFACTURING CO., INC.
        No par common
    SMT HEALTH SERVICES, INC.
        $.01 par common
    SOUTHWEST SECURITIES GROUP, INC.
        $.10 par common
    STRYKER CORPORATION
        $.10 par common
    SUBURBAN BANCORPORATION, INC.
        $.01 par common
    TALBERT MEDICAL MANAGEMENT HOLDINGS
        $.01 par common
    TELCO COMMUNICATIONS GROUP, INC.
        No par common
    TETRA TECHNOLOGIES, INC.
        $.01 par common
    THERAPEUTIC DISCOVERY CORPORATION
        Class A, $.01 par common
    TUBOSCOPE INC.
        $.01 par common
    U.S. BANCORP (Oregon)
        $5.00 par common
        Series A, 8c par cumulative preferred
    UNITED CITIES GAS COMPANY
        No par common
    UNITED WASTE SYSTEMS, INC.
        $.001 par common
    VARSITY SPIRIT CORPORATION
        $.01 par common
    VERSA TECHNOLOGIES, INC.
        $.01 par common
    WATSON PHARMACEUTICALS, INC.
        $.0033 par common
    WINSTON HOTELS, INC.
        $.01 par common
    WINTON FINANCIAL CORPORATION
        No par common
    
    Additions to the List of Marginable OTC Stocks
    
    @ENTERTAINMENT, INC.
        $.01 par common
    A.C. MOORE ARTS & CRAFTS, INC.
        No par common
    ADVANCED ELECTRONIC SUPPORT PRODUCTS, INC.
        $.001 par common
    ADVANTAGE LEARNING SYSTEMS, INC.
        $.01 par common
    AEHR TEST SYSTEMS
        $.01 par common
    AMERICAN BUSINESS INFORMATION, INC.
        Class A, $.0025 par common
    AMERICAN CAPITAL STRATEGIES, LTD.
        $.01 par common
    AMERICAN DENTAL TECHNOLOGIES, INC.
        $.001 par common
    APPLE SOUTH, INC.
        Apple South Financing I
    ASIA ELECTRONICS HOLDING CO., INC.
        $.01 par common
    AUTHENTIC SPECIALTY FOODS, INC.
        $1.00 par common
    AUTOCYTE, INC.
        $.01 par common
    BEI TECHNOLOGIES, INC.
        $.001 par common
    BELL CANADA INTERNATIONAL, INC.
        No par common
    BEST SOFTWARE, INC.
        No par common
    BIG DOG HOLDING, INC.
        $.01 par common
    BIORELIANCE CORPORATION
        $.01 par common
    BORON, LePORE & ASSOCIATES, INC.
        $.01 par common
    CABLE MICHIGAN, INC.
        $1.00 par common
    CARRIZO OIL & GAS, INC.
        $.01 par common
    CASMYN CORPORATION
        $.04 par common
    CASTLE DENTAL CENTERS, INC.
        $.001 par common
    CATALYTICA, INC.
        Warrants
    CHILDREN'S PLACE RETAIL STORES, INC., THE
        $.10 par common
    CITIZENS NATIONAL BANK OF TEXAS
    
    [[Page 55498]]
    
        $2.03 par common
    CMP MEDIA, INC.
        $.01 par common
    COGNICASE, INC.
        No par common
    COMPASS PLASTICS & TECHNOLOGIES, INC.
        $.0001 par common
    COMPUTER MOTION, INC.
        $.001 par common
    CONCENTRIC NETWORK CORPORATION
        $.001 par common
    CONTINENTAL NATURAL GAS, INC.
        $.01 par common
    CORIXA CORPORATION
        $.001 par common
    CORPORATEFAMILY SOLUTIONS, INC.
        No par common
    CORSAIR COMMUNICATION, INC.
        $.001 par common
    CRESCENDO PHARMACEUTICALS CORPORATION
        Class A, $.01 par common
    CRESCENT OPERATING, INC.
        $.01 par common
    CTB INTERNATIONAL CORPORATION
        $.01 par common
    D&N FINANCIAL CORPORATION
        Series A, non-cumulative exchangeable preferred
    DENISON INTERNATIONAL PLC
        American Depositary Shares
    DIGITAL TRANSMISSION SYSTEMS, INC.
        $.01 par common
    EAGLE GEOPHYSICAL, INC.
        $.01 par common
    EASTBROKERS INTERNATIONAL INCORPORATED
        $.05 par common
    EDAP TMS S.A.
        American Depositary Receipts
    EDUTREK INTERNATIONAL, INC.
        Class A, no par common
    ENGEL GENERAL DEVELOPERS LTD.
        Class A, ordinary shares (.1 LIS)
    EXCELSIOR-HENDERSON MOTORCYCLE MANUFACTURING
        $.01 par common
    EXECUSTAY CORPORATION
        $.01 par common
    FARO TECHNOLOGIES, INC.
        $.001 par common
    FINE AIR SERVICES, INC.
        $.01 par common
    FIRST CARNEGIE DEPOSIT
        $.10 par common
    FIRST INTERNATIONAL BANCORP, INC. (Connecticut)
        $.01 par common
    FIRSTCITY FINANCIAL CORPORATION
        Special preferred stock
    FRESHSTART VENTURE CAPITAL
        $.01 par common
    FRIEDE GOLDMAN INTERNATIONAL, INC.
        $.01 par common
    GALILEO TECHNOLOGY, LTD.
        Ordinary shares (NIS .01)
    GENERAL BEARING CORPORATION
        $.01 par common
    GLOBECOMM SYSTEMS, INC.
        $.001 par common
    HACH COMPANY
        Class A, $1.00 par common
    HALL, KINION & ASSOCIATES, INC.
        $.001 par common
    HARVEST RESTAURANT GROUP, INC.
        $.01 par common
    HEARST-ARGYLE TELEVISION, INC.
        Class A, $.01 par common
    HYSEC, INC.
        $.001 par common
    IFS INTERNATIONAL, INC.
        $.001 par common
        Series A, preferred
        Series A, warrants (expire 01-31-2002)
    IL FORNAIO (AMERICA) CORPORATION
        $.001 par common
    INDUS INTERNATIONAL, INC.
        $.001 par common
    INFORMATION MANAGMENT ASSOCIATES, INC.
        No par common
    INNOVA CORPORATION
        No par common
    INSPIRE INSURANCE SOLUTIONS, INC.
        $.01 par common
    INTEGRAL SYSTEMS, INC.
        $.01 par common
    INTERNATIONAL TOTAL SERVICES, INC.
        No par common
    IONICA GROUP PLC
        American Depositary Receipts
    J.D. EDWARDS & COMPANY
        $.001 par common
    JEVIC TRANSPORTATION, INC.
        No par common
    JLM INDUSTRIES, INC.
        $.01 par common
    KENDLE INTERNATIONAL, INC.
        No par common
    KOFAX IMAGE PRODUCTS, INC.
        $.001 par common
    LAKELAND FINANCIAL CORPORATION
        $.50 par common
        No par cumulative trust preferred
    LOGILITY, INC.
        No par common
    MACHEEZMO MOUSE RESTAURANTS, INC.
        No par common
    MARCAM SOLUTIONS, INC.
        $.01 par common
    MASON-DIXON BANCSHARES, INC.
        Preferred securities liquidation amount $25
    McMORAN OIL & GAS COMPANY
        Rights (expire 11-13-97)
    MEGABIOS CORPORATION
        $.001 par common
    MICROCELL TELECOMMUNICATIONS, INC.
        Class B, no par common
    MISONIX, INC.
        $.01 par common
    MODERN TIMES GROUP MTG AB
        American Depositary Shares
    MONARCH DENTAL CORPORATION
        $.01 par common
    NATIONAL RESEARCH CORPORATION
        $.001 par common
    NETWORK SOLUTIONS, INC.
        Class A, $.001 par common
    NEWCOM, INC.
        $.001 par common
        Warrants (expire 09-16-2002)
    NEWSTAR RESOURCES, INC.
        $.01 par common
    NEXTLINK COMMUNICATIONS, INC.
        Class A, $.02 par common
    NORTHWAY FINANCIAL, INC.
        $1.00 par common
    NOVEL DENIM HOLDINGS, LTD.
        Ordinary shares ($1.00 par value)
    OBJECTIVE COMMUNICATIONS, INC.
        $.01 par common
    OCULAR SCIENCES, INC.
        $.001 par common
    OMEGA RESEARCH, INC.
        $.01 par common
    OMTOOL, LTD.
        $.01 par common
    OREGON TRAIL FINANCIAL CORPORATION
        $.01 par common
    ORTHALLIANCE, INC.
        Class A, $.001 par common
    OSI SYSTEMS, INC.
        No par common
    PACIFIC CREST CAPITAL, INC.
        Trust preferred security
    PEGASUS SYSTEMS, INC.
        $.01 par common
    PEOPLE'S PREFERRED CAPITAL CORPORATION
        Series A, noncumulative exchangeable preferred
    PERVASIVE SOFTWARE, INC.
        $.001 par common
    POSITRON FIBER SYSTEMS CORPORATION
        No par common
    POWER-ONE, INC.
        $.001 par common
    PRICESMART, INC.
        $.0001 par common
    PRIME BANCSHARES, INC.
        $.25 par common
    PRIMEENERGY CORPORATION
        $.10 par common
    PROBUSINESS SERVICES, INC.
        $.001 par common
    PROFILE TECHNOLOGIES, INC.
        $.001 par common
    PROGENITOR, INC.
        $.001 par common
        Warrants (expire 08-07-2002)
    
    [[Page 55499]]
    
    PROSOFT I-NET SOLUTIONS, INC.
        $.001 par common
    PULASKI SAVINGS BANK (New Jersey)
        $.01 par common
    QAD, INC.
        $.001 par common
    QUESTRON TECHNOLOGY, INC.
        Series B, convertible preferred
    RADCOM LTD.
        Ordinary share ($.05 NIS)
    RCN CORPORATION
        $1.00 par common
    RENEX CORPORATION
        $.001 par common
    REPUBLIC BANCSHARES, INC.
        Cumulative Trust Preferred Securities Liquidation $10
    RETROSPETTIVA, INC.
        No par common
        Warrants (expire 09-23-2002)
    RIT TECHNOLOGIES, LTD.
        Ordinary shares (.1 NIS)
    RIVERVIEW SAVINGS BANK, F.S.B.
        $.01 par common
    ROYAL PRECISION, INC.
        $.001 par common
    RSL COMMUNICATIONS, LTD.
        Class A, $.0045 par common
    SCHEID VINEYARDS, INC.
        Class A, $.001 par common
    SCM MICROSYSTEMS, INC.
        $.001 par common
    SHORE BANK (Virginia)
        $.33 par common
    SIGNATURE EYEWEAR, INC.
        $.001 par common
    SINCLAIR BROADCAST GROUP, INC.
        Series D, convertible exchangeable preferred
    SLH CORPORATION
        $.01 par common
    SPR, INC.
        $.01 par common
    STAR BUFFET, INC.
        $.001 par common
    STARTEC GLOBAL COMMUNICATIONS CORPORATION
        $.01 par common
    STERIGENICS INTERNATIONAL, INC.
        $.001 par common
    SYNTEL, INC.
        No par common
    TAKE-TWO INTERACTIVE SOFT, INC.
        $.01 par common
    TELE-COMMUNICATIONS, INC.
        TCI Ventures Group, Class A, $1.00 par common
        TCI Ventures Group, Class B, $1.00 par common
    THE A CONSULTING TEAM, INC.
        $.01 par common
    THINKING TOOLS, INC.
        $.001 par common
    TOTAL ENTERTAINMENT RESTAURANT CORPORATION
        $.01 par common
    TRACK 'N TRAIL
        $.01 par common
    TRAILER BRIDGE, INC.
        $.01 par common
    TRAVEL SERVICES INTERNATIONAL, INC.
        $.01 par common
    TRENDWEST RESORTS, INC.
        No par common
    TRIMERIS, INC.
        $.001 par common
    TURBODYNE TECHNOLOGIES, INC.
        No par common
    U.S. BANCORP (Minnesota)
        Series A, preferred stock
    U.S.A. FLORAL PRODUCTS, INC.
        $.001 par common
    UNIFAB INTERNATIONAL, INC.
        $.01 par common
    UNIQUE CASUAL RESTAURANTS, INC.
        $.01 par common
    VALLEY INDEPENDENT BANK
        No par common
    VESTCOM INTERNATIONAL, INC.
        No par common
    VIMRX PHARMACEUTICALS, INC.
        Warrants (expire 06-20-2006)
    VIRGINIA COMMERCE BANK
        $5.00 par common
    VISION TWENTY-ONE, INC.
        $.001 par common
    WARNER CHILCOTT, PLC
        American Depositary Shares
    
    Deletions From the Foreign Margin List
    
    AUSTRIA
    
    PERLMOOSER ZEMENTWERKE AG
        Ordinary shares, par 100 Austrian schillings
    
    BELGIUM
    
    ALMANIJ-KREDIETBANK GROUP
        VVPR
    
    CANADA
    
    BRASCAN LIMITED
        No par Class A common
    COCA-COLA BEVERAGES LTD.
        No par common
    EDPER GROUP LIMITED
        Class A, no par common
    NATIONAL TRUSTCO INC.
        No par common
    TOTAL PETROLEUM (NORTH AMERICA) LTD.
        No par common
    
    FINLAND
    
    MERITA LTD
        B Shares, par 5 Finnish marks
    RAISON TEHTAAT VAIH OS OY AB
        K Series common, par 10 Finnish marks
    
    FRANCE
    
    GTM-ENTREPOSE SA
        Ordinary shares, par 50 French francs
    UNION FRANCAISE DE BANQUES LOCABAIL SA
        Ordinary shares, par 100 French francs
    
    ITALY
    
    SASIB SPA
        Non-convertible savings shares, par 1000 lira
    STET SOC. FINANZIARIA TELEFONICA PA
        Non-convertible savings shares, par 1000 lira
    STET SOC. FINANZIARIA TELEFONICA PA
        Ordinary shares, par 1000 lira
    
    JAPAN
    
    CALPIS FOOD INDUSTRY CO., LTD.
        50 par common
    MORINAGA AND COMPANY, LTD.
        50 par common
    NIPPON BEET SUGAR MANUFACTURING CO., LTD.
        50 par common
    SHOWA LINE, LTD.
        50 par common
    YUASA TRADING CO., LTD.
        50 par common
    
    MALAYSIA
    
    BERJAYA INDUSTRIAL BERHAD
        Ordinary shares, par 1 Malaysian ringgit
    
    NORWAY
    
    NYCOMED ASA
        A Ordinary Common, par 4 Norwegian krone
    NYCOMED ASA
        B ordinary common, par 4 Norwegian krone
    STOREBRAND AS
        A ordinary common, par 5 Norwegian krone
    
    SOUTH AFRICA
    
    AMPLATS LTD.
        Ordinary shares, par 1 South African rand
    RUSTENBURG PLATINUM HOLDINGS LIMITED
        Ordinary shares, par 0.10 South African rand
    
    THAILAND
    
    CMIC FINANCE & SECURITIES PUBLIC CO. LTD.
        Ordinary shares, par 10 Thai baht
    GENERAL FINANCE & SECURITIES PUBLIC CO. LTD.
        Ordinary shares, par 10 Thai baht
    WATTACHAK CO. LTD.
        Ordinary shares, par 10 Thai baht
    
    UNITED KINGDOM
    
    AMSTRAD PLC
        Ordinary shares, par 25 p
    TR SMALLER COMPANIES INVESTMENT TRUST
        Ordinary shares, par 25 p
    
    [[Page 55500]]
    
    Additions to the Foreign Margin List
    
    CANADA
    
    EDPER BRASCAN CORPORATION
        Class A, no par common
    
    FINLAND
    
    MERITA LTD
        A shares, par 5 Finnish marks
    RAISON TEHTAAT VAIH OS OY AB
        K shares common, par 10 Finnish marks
    
    FRANCE
    
    GROUPE GTM SA
        Ordinary shares, par 50 French francs
    
    JAPAN
    
    CALPIS CO., LTD.
        50 par common
    
    MALAYSIA
    
    REKAPACIFIC BERHAD
        Ordinary shares, par 1 Malaysian ringgit
    
    SOUTH AFRICA
    
    ANGLO AMERICAN PLATINUM CORPORATION LIMITED
        Ordinary shares, par 10 South African rand
    
    UNITED KINGDOM
    
    BILLITON PLC
        Ordinary shares, par 50 p
    HENDERSON SMALLER COMPANIES INVESTMENT TRUST
        Ordinary shares, par 25 p
    NYCOMED AMERSHAM INTERNATIONAL PLC
        Ordinary shares, par 25 p
    
        By order of the Board of Governors of the Federal Reserve 
    System, acting by its Director of the Division of Banking 
    Supervision and Regulation pursuant to delegated authority (12 CFR 
    265.7(f)(10)), October 22, 1997.
    William W. Wiles,
    Secretary of the Board.
    [FR Doc. 97-28421 Filed 10-24-97; 8:45 am]
    BILLING CODE 6210-01-P
    
    
    

Document Information

Effective Date:
11/10/1997
Published:
10/27/1997
Department:
Federal Reserve System
Entry Type:
Rule
Action:
Final rule; determination of applicability of regulations.
Document Number:
97-28421
Dates:
November 10, 1997.
Pages:
55495-55500 (6 pages)
Docket Numbers:
Regulations G, T, U and X
PDF File:
97-28421.pdf
CFR: (4)
12 CFR 207
12 CFR 220
12 CFR 221
12 CFR 224