96-9305. Issuer Delisting; Notice of Application to Withdraw From Listing and Registration; (Stepan Company, Common Stock, $1.00 Par Value) File No. 1-4436

[Federal Register Volume 61, Number 74 (Tuesday, April 16, 1996)]
[Notices]
[Page 16663]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-9305]



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SECURITIES AND EXCHANGE COMMISSION

Issuer Delisting; Notice of Application to Withdraw From Listing 
and Registration; (Stepan Company, Common Stock, $1.00 Par Value) File 
No. 1-4436

April 10, 1996.
    Stepan Company (``Company'') has filed an application with the 
Securities and Exchange Commission (``Commission''), pursuant to 
Section 12(d) of the Securities Exchange Act of 1934 (``Act'') and Rule 
12d2-2(d) promulgated thereunder, to withdraw the above specified 
security (``Security'') from listing and registration on the American 
Stock Exchange, Inc. (``Amex'').
    The reasons alleged in the application for withdrawing the Security 
from listing and registration include the following:
    According to the Company, in addition to being listed on the Amex, 
the Security is listed on the New York Stock Exchange, Inc. (``NYSE''). 
The Security commenced trading on the NYSE at the opening of business 
on March 14, 1996 and concurrently therewith the Securities were 
suspended from trading on the Amex.
    In making the decision to withdraw the Security from listing on the 
Amex, the Company considered the direct and indirect costs and expenses 
attendant with maintaining the dual listing of the Security on the NYSE 
and on the Amex. The Company does not see any particular advantage in 
the dual trading of the Security and believes that dual listing would 
fragment the market for the Security.
    Any interested person may, on or before April 30, 1996, submit by 
letter to the Secretary of the Securities and Exchange Commission, 450 
Fifth Street NW., Washington, DC 20549, facts bearing upon whether the 
application has been made in accordance with the rules of the exchanges 
and what terms, if any, should be imposed by the Commission for the 
protection of investors. The Commission, based on the information 
submitted to it, will issue an order granting the application after the 
date mentioned above, unless the Commission determines to order a 
hearing on the matter.

    For the Commission, by the Division of Market Regulation, 
pursuant to delegated authority.
Jonathan G. Katz,
Secretary.
[FR Doc. 96-9305 Filed 4-15-96; 8:45 am]
BILLING CODE 8010-01-M