Federal Register / Vol. 5, No. 11 / Tuesday, January 18, 2000 / Notices 2671

1RJCM states that the rail line was abandoned by

Seaboard Systems Railroad, Inc. (SBD) in 1984. See

Seaboard System Railroad, Inc.—Abandonment—in

Houston, Stewart and Montgomery Counties, TN,

Docket No. AB–55 (Sub-No. 84) (ICC served Oct. 5,

1983). RJCM further states that it had previously

acquired the right, title and interest of CSX

Transportation, Inc. (CSXT), SBD’s successor, in the

abandoned rail line, as well as a short segment of

the abandoned line that had been transferred by

CSXT to a third party.

2RJCM’s has indicated that its present and

projected annual revenues exceed $5 million and

has acknowledged that the 60-day advance notice

requirements of 49 CFR 1150.32(e) would appear to

apply here. RJCM simultaneously filed a petition for

waiver of the advance notice requirement. The

purpose of the Board’s rule at 49 CFR 1150.32(e) is

to give advance notice of a transaction to any

employees on the affected line. Because the line

had been previously abandoned and there thus are

no employees on the line, the rule does not apply

here.

1On December 29, 1999, BNSF and UP filed a

petition for exemption in STB Finance Docket No.

33833 (Sub-No. 1), The Burlington Northern and

Santa Fe Railway Company—Trackage Rights

Exemption—Union Pacific Railroad Company,

wherein BNSF and UP request that the Board

permit the proposed overhead trackage rights

arrangement described in the present proceeding to

expire on February 7, 2000. That petition will be

addressed by the Board in a separate decision.

Please refer to the notice published in

the Federal Register on March 11, 1996

(61 FR 9740) for more information about

the RSAC.

Issued in Washington, DC.

Grady C. Cothen, Jr.,

Deputy Associate Administrator for Safety

Standards and Program Development.

[FR Doc. 00–1055 Filed 1–14–00; 8:45 am]

BILLING CODE 4910–06–P

DEPARTMENT OF TRANSPORTATION

Surface Transportation Board

[STB Finance Docket No. 33841]

R.J. Corman Railroad Company/

Memphis Line—Operation

Exemption—Line in Montgomery and

Stewart Counties, TN

R.J. Corman Railroad Company/

Memphis Line (RJCM), a Class III

common carrier by rail, has filed a

verified notice of exemption under 49

CFR 1150.31 to operate an abandoned

rail line extending from former milepost

LF–182.50, at Zinc, TN, to former

milepost LF–199.08, at Cumberland

City, TN, a distance of approximately

16.58 miles in Montgomery and Stewart

Counties, TN.1 The line would connect

with RJCM’s existing rail line at Zinc.

The exemption became effective on

December 30, 1999, 7 days after the

exemption was filed.2

If the verified notice contains false or

misleading information, the exemption

is void ab initio. Petitions to reopen the

proceeding to revoke the exemption

under 49 U.S.C. 10502(d) may be filed

at any time. The filing of a petition to

revoke will not automatically stay the

transaction.

An original and 10 copies of all

pleadings, referring to STB Finance

Docket No. 33841, must be filed with

the Surface Transportation Board, Office

of the Secretary, Case Control Unit, 1925

K Street, NW, Washington, DC 20423–

0001. In addition, a copy of each

pleading must be served on Thomas J.

Litwiler, Oppenheimer Wolff &

Donnelly (Illinois), Two Prudential

Plaza, 45th Floor, 180 North Stetson

Avenue, Chicago, IL 60601–6710.

Board decisions and notices are

available on our website at

‘‘WWW.STB.DOT.GOV.’’

Decided: January 11, 2000.

By the Board, David M. Konschnik,

Director, Office of Proceedings.

Vernon A. Williams,

Secretary.

[FR Doc. 00–1078 Filed 1–14–00; 8:45 am]

BILLING CODE 4915–00–P

DEPARTMENT OF TRANSPORTATION

Surface Transportation Board

[STB Finance Docket No. 33833]

The Burlington Northern and Santa Fe

Railway Company—Trackage Rights

Exemption—Union Pacific Railroad

Company

Union Pacific Railroad Company (UP)

has agreed to grant overhead trackage

rights to The Burlington Northern and

Santa Fe Railway Company (BNSF) over

UP’s rail line between Stockton, CA, in

the vicinity of UP’s milepost 82.3

(Fresno Subdivision), and Fresno, CA,

in the vicinity of UP’s milepost 207.0

(Fresno Subdivision). BNSF will operate

its own trains with its own crews over

UP’s line under the trackage rights

agreement.1

The transaction is scheduled to be

consummated on or shortly after

January 15, 2000.

The purpose of the trackage rights is

to allow BNSF to operate over an

alternate line while BNSF’s lines are

undergoing maintenance and repair.

As a condition to this exemption, any

employees affected by the trackage

rights will be protected by the

conditions imposed in Norfolk and

Western Ry. Co.—Trackage Rights—BN,

354 I.C.C. 605 (1978), as modified in

Mendocino Coast Ry., Inc.-Lease and

Operate, 360 I.C.C. 653 (1980).

This notice is filed under 49 CFR

1180.2(d)(7). If it contains false or

misleading information, the exemption

is void ab initio. Petitions to revoke the

exemption under 49 U.S.C. 10502(d)

may be filed at any time. The filing of

a petition to revoke will not

automatically stay the transaction.

An original and 10 copies of all

pleadings, referring to STB Finance

Docket No. 33833, must be filed with

the Surface Transportation Board, Office

of the Secretary, Case Control Unit, 1925

K Street, N.W., Washington, DC 20423–

0001. In addition, one copy of each

pleading must be served on Yolanda

Grimes Brown, Esq., The Burlington

Northern and Santa Fe Railway

Company, P.O. Box 961039, Fort Worth,

TX 76161–0039.

Board decisions and notices are

available on our website at

‘‘WWW.STB.DOT.GOV.’’

Decided: January 11, 2000.

By the Board, David M. Konschnik,

Director, Office of Proceedings.

Vernon A. Williams,

Secretary.

[FR Doc. 00–1079 Filed 1–14–00; 8:45 am]

BILLING CODE 4915–00–P

DEPARTMENT OF THE TREASURY

Office of the Assistant Secretary for

International Affairs

Survey of Foreign Portfolio Investment

in the United States as of March 31,

2000

AGENCY: Department of the Treasury.

ACTION: Notice of reporting

requirements.

SUMMARY: By this Notice, the

Department of the Treasury is informing

the public that it is conducting a

mandatory survey of foreign holdings of

United States securities as of March 31,

2000. This Notice constitutes legal

notification to all United States persons

(defined below) who meet the reporting

requirements set forth in this Notice that

they must respond to, and comply with,

this survey. United States persons who

meet the reporting requirements but

who do not receive a set of the survey

forms and instructions should contact

the Federal Reserve Bank of New York,

acting as fiscal agent for the Department

of the Treasury, at (212) 720–8211 to

obtain a copy.

DEFINITION: A U.S. person is any

individual, branch, partnership,

associated group, association, estate,

trust, corporation, or other organization

(whether or not organized under the

laws of any State), and any government

(including a foreign government, the

United States Government, a state,

2672 Federal Register / Vol. 5, No. 11 / Tuesday, January 18, 2000 / Notices

provincial, or local government, and any

agency, corporation, financial

institution, or other entity or

instrumentality thereof, including a

government-sponsored agency), who

resides in the United States or is subject

to the jurisdiction of the United States.

WHO MUST REPORT: The following

U.S. persons must report on this survey:

—U.S. persons who manage the

safekeeping of U.S. securities (as

specified below) for foreign persons.

These U.S. persons, who include the

affiliates in the United States of

foreign entities, and are henceforth

referred to as U.S. custodians, must

report on this survey if the total

market value of the U.S. securities

whose safekeeping they manage on

behalf of foreign persons—aggregated

over all accounts and for all branches

and affiliates of their firm—is $20

million or more as of March 31, 2000.

—U.S. persons who issue securities, if

the total market value of their

securities owned directly by foreign

persons—aggregated over all

securities issued by all subsidiaries

and affiliates of the firm, including

investment companies, trusts, and

other legal entities created by the

firm—is $20 million or more as of

March 31, 2000. U.S. issuers should

report only foreign holdings of their

securities which are directly known to

them; i.e., where issuer ownership

records reflect a foreign owner

directly. Securities held by U.S.

nominees, such as bank or broker

custody departments, should be

considered to be U.S.-held securities

as far as the issuer is concerned.

WHAT TO REPORT: The survey will

measure foreign holdings of all equity

securities, and all debt securities with

an original term-to-maturity in excess of

one year.

HOW TO REPORT: Copies of the

survey forms and instructions, which

contain complete information on

reporting procedures, can be obtained

by contacting Mr. Tony Alvarez at (212)

720–8211 or the survey staff at (212)

720–6300, e-mail:

tony.alvarez@ny.frb.org or

inbound.help@ny.frb.org. The mailing

address is: Federal Reserve Bank of New

York, Foreign Portfolio Investment Unit,

Second Floor, 33 Liberty Street, New

York, NY 10045–0001. Inquiries can

also be made to Mr. William L. Griever,

Federal Reserve Board of Governors, at

(202) 452–2924, e-mail:

william.l.griever@frb.gov; or to Dwight

Wolkow at (202) 622–1276, e-mail:

wolkowd@do.treas.gov.

WHEN TO REPORT: Data should be

submitted to the Federal Reserve Bank

of New York, acting as fiscal agent for

the Department of the Treasury, by June

30, 2000.

PAPERWORK REDUCTON ACT

NOTICE: This data collection has been

approved by the Office of Management

and Budget (OMB) in accordance with

the Paperwork Reduction Act and

assigned control number 1505–0123. An

agency may not conduct or sponsor, and

a person is not required to respond to,

a collection of information unless it

displays a valid control number

assigned by OMB. The estimated

average annual burden associated with

this collection of information is 16

hours per respondent for exempt

reporters, 40 hours per respondent for

issuers of securities, and 160 hours per

respondent for custodians of securities.

Comments concerning the accuracy of

this burden estimate and suggestions for

reducing this burden should be directed

to the Department of the Treasury,

Attention Administrator, International

Portfolio Investment Data Systems,

Room 5205 MT, Washington, D.C.

20220, and to OMB, Attention Desk

Officer for the Department of the

Treasury, Office of Information and

Regulatory Affairs, Washington, D.C.

20503.

Dated: January 11, 2000.

Dwight Wolkow,

Administrator, International Portfolio

Investment Data Reporting Systems.

[FR Doc. 00–1018 Filed 1–14–00; 8:45 am]

BILLING CODE 4810–25–M