[Federal Register Volume 59, Number 100 (Wednesday, May 25, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-12740]
[[Page Unknown]]
[Federal Register: May 25, 1994]
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SECURITIES AND EXCHANGE COMMISSION
Issuer Delisting; Notice of Application to Withdraw From Listing
and Registration; (Ford Motor Company, Common Stock, $1 Par Value) File
No. 1-3950
May 19, 1994.
Ford Motor 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
12d-2(d) promulgated thereunder, to withdraw the above specified
security from listing and registration on the Boston Stock Exchange,
Inc. (``BSE''), Chicago Stock Exchange, Inc. (``CHX''), and
Philadelphia Stock Exchange, Inc. (``Phlx'').
The reasons alleged in the application for withdrawing this
security from listing and registration include the following:
According to the Company, in order to reduce expenses and simplify
its stock exchange processes, the Company has decided to withdraw those
listings that are costly to maintain and have very low trading volumes.
These include the Company's listings on the BSE, CHX, and Phlx.
According to the Company, it will continue listing its shares on
the New York Stock Exchange, Inc. (``NYSE'') and, given the very low
volume on the regional exchanges, it is not believed there will be any
adverse impact on the market or Company stockholders by the proposed
withdrawals.
Any interested person may, on or before June 10, 1994 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. 94-12740 Filed 5-24-94; 8:45 am]
BILLING CODE 8010-01-M
