97-10838. Securities Credit Transactions; List of Marginable OTC Stocks; List of Foreign Margin Stocks  

  • [Federal Register Volume 62, Number 81 (Monday, April 28, 1997)]
    [Rules and Regulations]
    [Pages 22881-22886]
    From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
    [FR Doc No: 97-10838]
    
    
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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: May 12, 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 Diane Jenkins, 
    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 January 
    27, 1997 (62 FR 3773), and became effective February 10, 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 January 27, 1997 (62 FR 3773) 
    and became effective February 10, 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.
    
    [[Page 22882]]
    
    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
    
    AMERICAN EDUCATIONAL PRODUCTS INC.
        $.01 par common
    AMERICAN LIFE HOLDING COMPANY
        $.01 par redeemable cumulative preferred
    ANTARES RESOURCES CORPORATION
        $.001 par common
    ATS MEDICAL, INC.
        Warrants (expire 03-09-97)
    BANK OF LOS ANGELES
        Warrants (expire 12-01-98)
    BIOMAGNETIC TECHNOLOGIES, INC.
        No par common
    BLACK HAWK GAMING & DEVELOPMENT COMPANY, INC.
        Warrants (expire 06-30-97)
    CALLOWAY'S NURSERY, INC.
        $.01 par common
    CERPLEX GROUP, INC., THE
        $.001 par common
    CHAMPION ROAD MACHINERY, LTD.
        No par common
    CHARTWELL LEISURE, INC.
        Rights (expire 03-13-97)
    CINCINNATI MICROWAVE, INC.
        No par common
        Warrants (expire 12-31-98)
    COMMUNITY FIRST BANKSHARES, INC.
        Depositary Shares
    CYTROGEN CORPORATION
        Warrants (expire 01-31-97)
    DIAGNOSTIC HEALTH SERVICES, INC.
        Warrants (expire 06-22-98)
    DIAMOND TECHNOLOGY PARTNERS, INC.
        Rights (expire 03-31-97)
    ENCORE COMPUTER CORPORATION
        $.01 par common
    EXCEL TECHNOLOGY, INC.
        Class B, warrants (expire 02-08-98)
    FOREST OIL CORPORATION
        $.75 par convertible preferred
    HARISTON CORPORATION
        No par common
    HARVARD INDUSTRIES, INC.
        Class B, $.01 par common
    INDUSTRIAL HOLDINGS, INC.
        Class A, warrants (expire 01-16-97)
    IWI HOLDING, LIMITED
        No par common
    KUSHNER-LOCKE COMPANY, THE
        Warrants (expire 03-20-97)
    L.A. T SPORTSWEAR, INC.
        No par common
    LAFAYETTE INDUSTRIES, INC.
        $.01 par common
    MANHATTAN LIFE INSURANCE COMPANY
        $2.00 par common
    MERIS LABORATORIES, INC.
        No par common
    MICROCAP FUND, INC., THE
        $.01 par common
    MICROELECTRONIC PACKAGING, INC.
        No par common
    MULTIMEDIA CONCEPTS INTERNATIONAL, INC.
        $.001 par common
    NATIONAL MERCANTILE BANCORP (CA)
        No par common
    NATIONSBANK CORPORATION
        Depositary shares
    QUANTUM CORPORATION
        6\3/8\% convertible subordinated debentures
    SALICK HEALTH CARE, INC.
        $.001 par common
    SMT HEALTH SERVICES, INC.
        Warrants (expire 03-04-97)
    SPECIALTY TELECONSTRUCTORS, INC.
        Warrants (expire 11-02-99)
    TELETEK, INC.
        $.0001 par common
    UNITED HOME LIFE INSURANCE CO.
        $1.00 par common
    UROHEALTH SYSTEMS, INC.
        Warrants (expire 03-20-97)
    
    Stocks Removed for Listing on a National Securities Exchange or Being 
    Involved in an Acquisition
    
    AFFILIATED COMPUTER SERVICES, INC.
        Class A, $.01 par common
    AHI HEALTHCARE SYSTEMS, INC.
        $.01 par common
    ALLIED BANKSHARES, INC. (Georgia)
        $1.00 par common
    ALLIED GROUP, INC.
        No par common
    AMERICAN RADIO SYSTEMS CORPORATION
        Class A, $.01 par common
    AMERICAN STUDIOS, INC.
        $.001 par common
    ARGENTBANK
        $2.50 par common
    ATLANTIC TELE-NETWORK, INC.
        $.01 par common
    AZTEC MANUFACTURING CO.
        $1.00 par common
    B. M. J. FINANCIAL CORP.
        $1.00 par common
    BABY SUPERSTORE, INC.
        No par common
    BAREFOOT INC.
        $.01 par common
    BRIDGEVILLE SAVINGS BANK, FSB (Pennsylvania)
        $.10 par common
    CABLE DESIGN TECHNOLOGIES CORPORATION
        $.01 par common
    CAVCO INDUSTRIES, INC.
        $.10 par common
    CENTRAL TRACTOR FARM & COUNTRY INC.
        $.01 par common
    CHEMFAB CORPORATION
        $.10 par common
    CHEMPOWER, INC.
        $.10 par common
    CITI-BANCSHARES, INC. (Florida)
        $.01 par common
    CLIFFS DRILLING COMPANY
        $.01 par common
    CONSOLIDATED GRAPHICS, INC.
        $.01 par common
    DYNATECH CORPORATION
        $.20 par common
    EASTBAY, INC.
        $.01 par common
    ENERGY RESEARCH CORPORATION
        $.0001 par common
    EPIC DESIGN TECHNOLOGY, INC.
        No par common
    EZ COMMUNICATIONS, INC.
        Class A, $.01 par common
    FHP INTERNATIONAL CORPORATION
        $.05 par common
        Series A, $.05 par cumulative convertible preferred
    FIBERMARK, INC.
        $.001 par common
    FIDELITY FINANCIAL BANKSHARES CORPORATION
        $1.00 par common
    FIRST FEDERAL BANCSHARES OF EAU CLAIRE INC.
        $.01 par common
    FIRST FEDERAL SAVINGS BANK OF BRUNSWICK, GEORGIA
        $1.00 par common
    FIRST STATE FINANCIAL SERVICES, INC.
        $.01 par common
    FLORIDA FIRST BANCORP INC.
        $1.00 par common
    FORASOL-FORMER, N.V.
        Common shares (par NLG 0.01)
    GREAT BAY POWER CORPORATION
        $.01 par common
    GROVE BANK (Massachusetts)
        $.10 par common
    HOMELAND BANKSHARES CORPORATION
        $12.50 par common
    HORIZON BANCORP, INC. (Texas)
        $.01 par common
    
    [[Page 22883]]
    
    INDEPENDENCE BANCORP, INC. (New Jersey)
        $1.667 par common
    INNOTECH, INC.
        $.001 par common
    IWC RESOURCES CORPORATION
        No par common
    KINDERCARE LEARNING CENTERS, INC.
        $.01 par common
        Warrants (expire 04-01-97)
    LASALLE RE HOLDINGS, LIMITED
        $1.00 par common
    LIBERTY BANCORP, INC. (Illinois)
        $.01 par common
    MASTEC, INC.
        $.10 par common
    MEDEX, INC.
        $.01 par common
    MIDLAND FINANCIAL GROUP, INC.
        No par common
    MILGRAY ELECTRONICS, INC.
        $.25 par common
    NEW WORLD COMMUNICATIONS GROUP INC.
        Class A, $.01 par common
    NORAND CORPORATION
        $.01 par common
    OSBORN COMMUNICATIONS CORPORATION
        $.01 par common
    OXFORD RESOURCES CORPORATION
        Class A, $.01 par common
    PANATECH RESEARCH AND DEVELOPMENT CORPORATION
        $.01 par common
    PROVIDENCE AND WORCESTER RAILROAD COMPANY
        $.50 par common
    QUALITY FOOD CENTERS, INC.
        $.001 par common
    RESEARCH MEDICAL, INC.
        $.50 par common
    RIVERSIDE NATIONAL BANK (California)
        $1.25 par common
    SCI SYSTEMS, INC.
        $.10 par common
    SDNB FINANCIAL CORP.
        No par common
    SECURITY BANCORP (Montana)
        $1.00 par common
    SOFTDESK INC.
        $.01 par common
    SOUTHWEST BANKS, INC.
        $.10 par common
    SQA INC.
        $.01 par common
    SQUARE INDUSTRIES, INC.
        $.01 par common
    STROBER ORGANIZATION, INC.
        $.01 par common
    SUIZA FOODS CORPORATION
        $.01 par common
    SYSTEMIX, INC.
        $.01 par common
    TARGET THERAPEUTICS, INC.
        $.0025 par common
    THERATX, INCORPORATED
        $.001 par common
    TOMPKINS COUNTY TRUSTCO, INC. (New York)
        $1.66\2/3\ par common
    TOWER AUTOMOTIVE, INC.
        $.01 par common
    TPI ENTERPRISES, INC.
        $.01 par common
    TRIAD SYSTEMS CORPORATION
        $.01 par common
    TROY HILL BANCORP, INC. (Pennsylvania)
        $.01 par common
    TSX CORPORATION
        $.01 par common
    TYLAN GENERAL INC.
        $.001 par common
    UNITED AIR SPECIALISTS, INC.
        No par common
    VALLICORP HOLDINGS, INC.
        $.01 par common
    VENTURA COUNTY NATIONAL BANCORP
        No par common
    VIDEO SENTRY CORPORATION
        $.01 par common
    VITALINK PHARMACY SERVICES, INC.
        $.01 par common
    
    Additions to The List of Marginable OTC Stocks
    
    1ST SOURCE CORPORATION
        Fixed rate cumulative trust preferred securities of 1st Source 
    Capital Trust
        Floating rate cumulative trust preferred securities of 1st Source 
    Capital Trust
    AASTROM BIOSCIENCES, INC.
        No par common
    ACCELGRAPHICS, INC.
        $.001 par common
    AGRIBIOTECH, INC.
        $.001 par common
    AHL SERVICES, INC.
        $.01 par common
    ALLIANCE IMAGING, INC.
        $.01 par common
    AMERICAN BUSINESS FINANCIAL SERVICES, INC.
        $.001 par common
    AMERITRADE HOLDING CORPORATION
        Class A, $.01 par common
    AMERUS LIFE HOLDINGS, INC.
        Class A, no par common
    APEX PC SOLUTIONS, INC.
        No par common
    ATL PRODUCTS, INC.
        Class A, $.0001 par common
    BANK OF SANTA CLARA
        No par common
    BEA SYSTEMS, INC.
        $.001 par common
    BIORA AB
        American Depository Receipts
    BIOSITE DIAGNOSTIC, INC.
        $.01 par common
    BIRMAN MANAGED CARE, INC.
        $.001 par common
    BRUNSWICK TECHNOLOGIES, INC.
        No par common
    CAPITAL CITY BANK GROUP (Florida)
        $.01 par common
    CELL THERAPEUTICS, INC.
        No par common
    CERUS CORPORATION
        $.001 par common
    CIENA CORPORATION
        $.01 par common
    CITIZENS FINANCIAL CORPORATION
        Class A, no par common
    COAST BANCORP (California)
        No par common
    COAST DENTAL SERVICES, INC.
        $.001 par common
    COLDWATER CREEK, INC.
        $.01 par common
    COLONIAL DOWNS HOLDINGS, INC.
        Class A, $.01 par common
    COMMUNITY CARE SERVICES, INC.
        $.01 par common
    COMMUNITY FIRST BANKSHARES, INC.
        Cumulative capital securities
        $25 liquidation
    COMMUNITY TRUST BANCORP, INC.
        No par preferred stock
    COULTER PHARMACEUTICAL, INC.
        $.001 par common
    CRESUD S.A.C.I.F. Y. A.
        American Depositary Receipts
    CRYSTAL SYSTEMS SOLUTIONS, LTD.
        Ordinary shares (NIS .01)
    DAOU SYSTEMS, INC.
        $.001 par common
    DATA SYSTEMS NETWORK CORPORATION
        $.01 par common
    DATAMARK HOLDING, INC.
        $.0001 par common
    DELTEK SYSTEMS, INC.
        $.001 par common
    DIAMOND TECHNOLOGY PARTNERS, INC.
        Class A, $.001 par common
    DIGITAL LIGHTWAVE, INC.
        $.0001 par common
    EARTHLINK NETWORK, INC.
        $.01 par common
    EDGE PETROLEUM CORPORATION
        $.01 par common
    ELTEK LTD.
        Ordinary Shares (NIS .6)
    EMCORE CORPORATION
        No par common
    EMPIRE FEDERAL BANCORP, INC. (Montana)
        $.01 par common
    ENCORE MEDICAL CORPORATION
        $.001 par common
        Warrants (expire 03-08-2003)
    ENDOCARDIAL SOLUTIONS, INC.
        $.01 par common
    ENSTAR, INC.
        $.01 par common
    
    [[Page 22884]]
    
    ENVIRONMENT/ONE CORPORATION
        $.10 par common
    EPIX MEDICAL, INC.
        $.01 par common
    ERGOBILT, INC.
        $.01 par common
    ESPRIT TELECOM GROUP PLC
        American Depositary Receipts
    EURONET SERVICES, INC.
        $.01 par common
    FIELDWORKS, INCORPORATED
        $.001 par common
    FIRST AVIATION SERVICES, INC.
        $.01 par common
    FIRST BANKS, INC. (Missouri)
        No par cumulative trust preferred securities
    FIRST STERLING BANKS, INC.
        No par common
    FIRSTFED BANCORP, INC. (Alabama)
        $.01 par common
    FONIX CORPORATION
        $.0001 par common
    FOUR MEDIA COMPANY
        $.01 par common
    FREEPAGES GROUP PLC
        American Depositary Receipts
    FULTON BANCORP, INC.
        $.01 par common
    GEOGRAPHICS, INC.
        Warrants (expire 06-01-99)
    GFSB BANCORP, INC.
        $.10 par common
    GREATER BAY BANCORP (California)
        9.75% cumulative trust preferred
    GREEN MOUNTAIN COFFEE, INC.
        $.01 par common
    GS FINANCIAL CORPORATION
        $.01 par common
    GUARANTY FINANCIAL CORPORATION
        $1.25 par common
    GUITAR CENTER, INC.
        $.01 par common
    GULF ISLAND FABRICATION, INC.
        No par common
    HAMILTON BANCORP, INC. (Florida)
        $.01 par common
    HEMLOCK FEDERAL FINANCIAL CORPORATION
        $.01 par common
    HIGH POINT FINANCIAL CORPORATION
        No par common
    HOMELAND HOLDING CORPORATION
        $.01 par common
    HOSPITALITY WORLDWIDE SERVICES, INC.
        $.01 par common
    HUMASCAN, INC.
        $.01 par common
    IAT MULTIMEDIA, INC.
        $.01 par common
    ICG COMMUNICATIONS, INC.
        $.01 par common
    ILEX ONCOLOGY, INC.
        $.01 par common
    ILOG S.A.
        American Depositary Receipts
    IMAGE GUIDED TECHNOLOGIES, INC.
        No par common
    INTERSTATE NATIONAL DEALER SERVICES, INC.
        Warrants (expire 07-22-99)
    IONA TECHNOLOGIES, PLC
        American Depositary Receipts
    JACOR COMMUNICATIONS, INC.
        Warrants (expire 02-27-2002)
    JAKKS PACIFIC, INC.
        $.001 par common
    JEFFBANKS, INC.
        9.25% no par preferred securities
    JENNA LANE, INC.
        $.01 par common
        Class A, warrants (expire 03-19-2000)
    JUDGE GROUP, INC., THE
        $.01 par common
    KNIGHTSBRIDGE TANKERS, LTD.
        $.01 par common
    KOS PHARMACEUTICALS, INC.
        $.01 par common
    LOGITECH INTERNATIONAL S.A.
        American Depositary Receipts
    MACROVISION CORPORATION
        $.01 par common
    MANSUR INDUSTRIES, INC.
        $.001 par common
    MEADE INSTRUMENTS CORPORATION
        $.01 par common
    MEDIALINK WORLDWIDE INCORPORATED
        $.01 par common
    MEDICAL MANAGER CORPORATION
        $.01 par common
    MEDIRISK, INC.
        $.001 par common
    METRO INFORMATION SERVICES, INC.
        $.01 par common
    MICRO THERAPEUTICS, INC.
        $.001 par common
    MISSISSIPPI VALLEY BANCSHARES, INC.
        Floating rate cumulative trust--preferred securities of MVBI 
    Capital Trust
    MULTIMEDIA GAMES, INC.
        $.01 par common
    NACT TELECOMMUNICATIONS, INC.
        $.01 par common
    NAMIBIAN MINERALS CORPORATION
        No par common
    NATIONAL AUTO FINANCE COMPANY, INC.
        $.01 par common
    NEOMAGIC CORPORATION
        $.001 par common
    NETCOM SYSTEMS, AB
        American Depositary Receipts
    NETSMART TECHNOLOGIES, INC.
        $.01 par common
    NEWSOUTH BANCORP, INC. (North Carolina)
        $.01 par common
    NEXAR TECHNOLOGIES, INC.
        $.01 par common
    NOVATEL, INC.
        No par common
    OLD GUARD GROUP, INC.
        No par common
    OMNIQUIP INTERNATIONAL, INC.
        $.01 par common
    ORTEC INTERNATIONAL, INC.
        $.001 par common
    OVERLAND DATA, INC.
        No par common
    PACIFICARE HEALTH SYSTEMS, INC.
        Series A,
        $1.00 par cumulative convertible preferred
    PALEX, INC.
        $.01 par common
    PEOPLES FINANCIAL CORPORATION
        No par common
    PEREGRINE SYSTEMS, INC.
        $.001 par common
    PERPETUAL BANK, A FEDERAL SAVINGS BANK (South Carolina)
        $1.00 par common
    PHOTOELECTRON CORPORATION
        $.01 par common
    PHYSICIANS' SPECIALITY CORPORATION
        $.001 par common
    PREMIER RESEARCH WORLDWIDE, INC.
        $.01 par common
    PRIME CAPITAL CORPORATION
        $.05 par common
    PROMEDCO MANAGEMENT COMPANY
        No par common
    QUALIX GROUP, INC.
        $.001 par common
    RADIANT SYSTEMS, INC.
        No par common
    RAIL AMERICA, INC.
        $.001 par common
    RANDGOLD & EXPLORATION COMPANY LTD.
        American Depositary Receipts
    ROYALE ENERGY, INC.
        No par common
    SAVANNAH BANCORP, INC., THE
        $1.00 par common
    SEARCH CAPITAL GROUP, INC.
        $.01 par common
        $.01 par preferred stock
    SEMICONDUCTOR LASER INTERNATIONAL CORPORATION
        $.01 par common
    SIGNATURE INNS, INC.
        No par common
        Series A, cumulative convertible preferred
    SILGAN HOLDINGS, INC.
        $.01 par common
    SOURCE CAPITAL CORPORATION
        No par common
    SOUTHWEST BANCORPORATION OF TEXAS, INC.
        $1.00 par common
    SPECIAL METALS CORPORATION
        $.01 par common
    
    [[Page 22885]]
    
    SPECIALITY CARE NETWORK, INC.
        $.001 par common
    SPINNAKER INDUSTRIES, INC.
        No par common
    STOCKER & YALE, INC.
        $.001 par common
    STORAGE DIMENSIONS, INC.
        $.005 par common
    SUN BANCORP, INC. (New Jersey)
        9.85% preferred stock
    TANGRAM ENTERPRISE SOLUTIONS, INC.
        $.01 par common
    TEMPLATE SOFTWARE, INC.
        $.01 par common
    TOTAL CONTROL PRODUCTS, INC.
        No par common
    TOTAL WORLD TELECOMMUNICATIONS, INC.
        $.00001 par common
    TRANSCRYPT INTERNATIONAL, INC.
        $.01 par common
    VALLEY NATIONAL GASES, INC.
        $.001 par common
    VDI MEDIA
        No par common
    VISTANA, INC.
        $.01 par common
    VYREX CORPORATION
        $.001 par common
    WALBRO CORPORATION
        Convertible trust preferred securities
    WESLEY JESSEN VISIONCARE, INC.
        $.01 par common
    WINTRUST FINANCIAL CORPORATION
        No par common
    YURIE SYSTEMS, INC.
        $.01 par common
    ZINDART LIMITED
        American Depositary Receipts
    
    Deletions From the Foreign Margin List
    
    BRAZIL
    
    COMPANHIA SUZANO DE PAPEL CELULOSE PN
        No par non-voting, preferred
    LOJAS AMERICANAS S.A.
        No par common
    
    HONG KONG
    
    WINSOR INDUSTRIAL CORPORATION LTD.
        HK$.50 par ordinary shares
    
    JAPAN
    
    AT&T GLOBAL INFORMATION SOLUTIONS JAPAN, LTD.
        50 par common
    CENTRAL FINANCE CO., LTD.
        50 par common
    GODO STEEL, LTD.
        50 par common
    JAPAN DIGITAL LABORATORY CO., LTD.
        50 par common
    KEIYO CO., LTD.
        50 par common
    MITSUI CONSTRUCTION CO., LTD.
         50 par common
    NICHIEI CONSTRUCTION CO., LTD.
         50 par common
    NIHON NOSAN KOGYO K.K.
         50 par common
    NIPPON DENSETSU KOGYO CO., LTD.
         50 par common
    NISSHA PRINTING CO., LTD.
         50 par common
    RAITO KOGYO CO., LTD.
         50 par common
    SENSHUKAI CO., LTD.
         50 par common
    SHOKUSAN JUTAKU SOGO CO., LTD.
         50 par common
    SUMITOMO CONSTRUCTION CO., LTD.
         50 par common
    TAIHEI DENGYO KAISHA, LTD.
         50 par common
    TAKAOKA ELECTRIC MFG. CO., LTD.
         50 par common
    TOA STEEL CO., LTD.
         50 par common
    TOENEC CORPORATION
         50 par common
    TOKUYAMA SODA CO., LTD.
         50 par common
    TSUMURA & CO.
         50 par common
    YAOHAN JAPAN CORPORATION
         50 par common
    
    SOUTH AFRICA
    
    MIDDLE WITWATERSRAND (WESTERN AREA) LTD.
        Ordinary shares, par 0.01 South African rand
    
    SWEDEN
    
    STADSHYPOTEK AB
        A Free Shares, par 10 Swedish krona
    
    TAILAND
    
    FINANCE ONE PUBLIC CO., LTD.
        Ordinary shares, par 10 Thai baht
    INTERNATIONAL COSMETICS PUBLIC CO., LTD.
        Ordinary shares, par 10 Thai baht
    UNIVEST LAND PUBLIC CO., LTD.
        Common shares, par 10 Thai baht
    
    UNITED KINGDOM
    
    INVESCO PLC
        Ordinary shares, par 25 p
    LONDON ELECTRICITY PLC
        Ordinary shares, par 50 p
    YORKSHIRE ELECTRICITY GROUP PLC
        Ordinary shares, par .5682 p
    
    Additions to the Foreign Margin List
    
    BRAZIL
    
    CENTRAIS ELETRICAS BRASILEIRAS S.A. (ELETROBRAS)
        No par common
    COMPANHIA SIDERURGIA NACIONAL
        No par common
    LIGHT PARTICIPACOES, S.A. (LIGHT PAR)
        No par common
    UNIAO DE BANCOS BRASILEIRAS S.A.
        No par non-voting, preferred
    
    HONG KONG
    
    CHINA OVERSEAS LAND & INVESTMENT, LTD.
        HK$.10 par ordinary shares
    CHINA RESOURCES ENTERPRISE, LTD.
        HK$1.00 par ordinary shares
    COSCO PACIFIC, LTD.
        HK$.50 par ordinary shares
    GUANDONG INVESTMENT, LTD.
        HK$.50 par ordinary shares
    KERRY PROPERTIES, LTD.
        HK$.10 par ordinary shares
    PEARL ORIENTAL HOLDINGS, LTD.
        HK$.10 par ordinary shares
    TSIM SHA TSUI PROPERTIES, LTD.
        HK$.20 par ordinary shares
    
    ITALY
    
    H.P.I. SPA
        Ordinary shares, par 5000 lira
    
    JAPAN
    
    ACOM CO., LTD.
         50 par common
    DDI CORPORATION
         5000 par common
    NICHIEI CO., LTD.
         50 par common
    NTT DATA CORPORATION
         50,000 par common
    ORIENTAL LAND CO., LTD.
         50 par common
    PROMISE CO., LTD.
         50 par common
    WEST JAPAN RAILWAY CO.
         50,000 par common
    
    SOUTH AFRICA
    
    AVMIN LIMITED
        Ordinary shares, par .01 South African rand
    
    SWITZERLAND
    
    CIBA SPECIALTY CHEMICALS HOLDINGS AG
        Registered shares, par 10 Swiss francs
    
    THAILAND
    
    ICC INTERNATIONAL PUBLIC CO., LTD.
        Ordinary shares, par 10 Thai baht
    
    UNITED KINGDOM
    
    AMVESCO 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
    
    [[Page 22886]]
    
    Regulation pursuant to delegated authority (12 CFR 265.7(f)(10)), 
    April 23, 1997.
    William W. Wiles,
    Secretary of the Board.
    [FR Doc. 97-10838 Filed 4-25-97; 8:45 am]
    BILLING CODE 6210-01-P
    
    
    

Document Information

Effective Date:
5/12/1997
Published:
04/28/1997
Department:
Federal Reserve System
Entry Type:
Rule
Action:
Final rule; determination of applicability of regulations.
Document Number:
97-10838
Dates:
May 12, 1997.
Pages:
22881-22886 (6 pages)
Docket Numbers:
Regulations G, T, U and X
PDF File:
97-10838.pdf
CFR: (4)
12 CFR 207
12 CFR 220
12 CFR 221
12 CFR 224