43734 Federal Register / Vol. 62, No. 158 / Friday, August 15, 1997 / Notices

CALENDAR OF REPORTING DATE FOR NEW YORK SPECIAL ELECTION FOR COMMITTEES INVOLED IN THE SPECIAL GENERAL

(11/04/97)—Continued

Report Close of

books*

Reg./Cert.

mailing

date**

Filing date

Year-End .................................................................................................................................................. 12/31/97 01/31/98 01/31/98

*The period begins with the close of books of the last report filed by the committee. If the committee has filed no previous reports, the period

begins with the date of the committee’s first activity.

**Reports sent by registered or certified mail must be postmarked by the mailing date; otherwise, they must be received by the filing date.

Dated: August 12, 1997.

John Warren McGarry,

Chairman, Federal Election Commission.

[FR Doc. 97–21656 Filed 8–14–97; 8:45 am]

BILLING CODE 6715–01–M

FEDERAL RESERVE SYSTEM

Change in Bank Control Notices;

Acquisitions of Shares of Banks or

Bank Holding Companies

The notificants listed below have

applied under the Change in Bank

Control Act (12 U.S.C. 1817(j)) and §

225.41 of the Board’s Regulation Y (12

CFR 225.41) to acquire a bank or bank

holding company. The factors that are

considered in acting on the notices are

set forth in paragraph 7 of the Act (12

U.S.C. 1817(j)(7)).

The notices are available for

immediate inspection at the Federal

Reserve Bank indicated. The notices

also will be available for inspection at

the offices of the Board of Governors.

Interested persons may express their

views in writing to the Reserve Bank

indicated for that notice or to the offices

of the Board of Governors. Comments

must be received not later than August

29, 1997.

A. Federal Reserve Bank of Atlanta

(Lois Berthaume, Vice President) 104

Marietta Street, N.W., Atlanta, Georgia

30303-2713:

1. Bob Maurice Prillaman and Lillias

B. Prillaman, Marietta, Georgia; to

acquire 10.36 percent of the voting

shares of Independent Bancshares, Inc.,

Powder Springs, Georgia.

B. Federal Reserve Bank of Chicago

(Philip Jackson, Applications Officer)

230 South LaSalle Street, Chicago,

Illinois 60690-1413:

1. Steven A. Grell, Bovee Investment

Trust, Michael R. Bovee, Trustee, Bruce

Tamisiea, Bruce Nystrom, Gary Grave,

John M. Cotton, and David M. Hultgren,

all of Spencer, Iowa, acting in concert,

to acquire a total of 10.72 percent of the

voting shares of Albert City Bankshares,

Inc., Albert City, Iowa, and thereby

indirectly acquire Albert City Savings

Bank, Albert City, Iowa, and The

Citizens State Bank, Marathon, Iowa.

Board of Governors of the Federal Reserve

System, August 12, 1997.

William W. Wiles,

Secretary of the Board.

[FR Doc. 97–21729 Filed 8–14–97; 8:45 am]

BILLING CODE 6210–01–F

FEDERAL RESERVE SYSTEM

Agency Information Collection

Activities: Submission to OMB Under

Delegated Authority

Background

Notice is hereby given of the final

approval of proposed information

collections by the Board of Governors of

the Federal Reserve System (Board)

under OMB delegated authority, as per

5 CFR 1320.16 (OMB Regulations on

Controlling Paperwork Burdens on the

Public). The Federal Reserve may not

conduct or sponsor, and the respondent

is not required to respond to, an

information collection that has been

extended, revised, or implemented on or

after October 1, 1995, unless it displays

a currently valid OMB control number.

FOR FURTHER INFORMATION CONTACT:

Chief, Financial Reports Section—Mary

M. McLaughlin—Division of Research

and Statistics, Board of Governors of

the Federal Reserve System,

Washington, DC 20551 (202-452-3829)

OMB Desk Officer—Alexander T.

Hunt—Office of Information and

Regulatory Affairs, Office of

Management and Budget, New

Executive Office Building, Room

3208, Washington, DC 20503 (202-

395-7860)

Final approval under OMB delegated

authority of the extension for three

years, with revision, of the following

reports:

1. Report title: Commercial Bank

Report of Consumer Credit

Agency form number: FR 2571

OMB Control number: 7100-0080

Effective Date: Reporting month ending

September 30, 1997

Frequency: Monthly

Reporters: Commercial banks

Annual reporting hours: 2,475

Estimated average hours per response:

0.55

Number of respondents: 375

Small businesses are not affected.

General description of report: This

information collection is voluntary (12

U.S.C. 225a and 248(a)(2)) and is given

confidential treatment under the

Freedom of Information Act (5 U.S.C.

552(b)(4)).

Abstract: The FR 2571 collects

information on consumer credit

outstanding, by type of credit

(automobile loans, revolving credit, and

all other consumer credit), as of the last

business day of the month, as well as

three items on outstanding balances

underlying securitized loan sales. The

information, together with information

obtained from other Federal Reserve

reports and from secondary sources, is

used to construct information on

consumer credit for current analysis for

monetary policy purposes. The

following initially proposed revisions

were approved:

1. reduce the authorized panel size

from 400 to 375 commercial banks;

2. redefine loans to purchase

automobiles (item 1 and Securitized

Consumer Loans item 1.a) to include

loans to purchase light trucks for

personal use;

3. eliminate the two annual items,

Total noninstallment credit (item 5) and

Total (item 6);

4. eliminate the distinction between

installment and noninstallment debt.

(Items 1, 3, and 4 and Securitized

Consumer Loans item 1.c were

redefined to include both installment

and noninstallment credit).

In addition, the FR 2571 was revised

to reflect a recent change to the Reports

of Income and Condition (FFIEC 031-

032; OMB No. 7100-0036; Call Reports),

Schedule RC-L, memorandum item 5. In

order to maintain the definitional

relationship between the Call Report

and FR 2571, the Federal Reserve

revised FR 2571, Securitized Consumer

Loans items 1.a through 1.c, to include

all loans that have been securitized and

sold, whether sold with or without

recourse; previously, only loans

securitized and sold without recourse

were reported in these FR 2571 items.

2. Report titles: Quarterly Report of

Interest Rates on Selected Direct
Federal Register / Vol. 62, No. 158 / Friday, August 15, 1997 / Notices 43735

Consumer Installment Loans; Quarterly

Report of Credit Card Plans

Agency form numbers: FR 2835, FR

2835a

OMB Control number: 7100-0085

Effective Date: The November 1997

reporting period

Frequency: Quarterly

Reporters: Commercial banks

Annual reporting hours: 90 (FR 2835),

200 (FR 2835a)

Estimated average hours per response:

0.15 (FR 2835), 0.50 (FR 2835a)

Number of respondents: 150 (FR 2835),

100 (FR 2835a)

Small businesses are not affected.

General description of reports: This

information collection is voluntary (12

U.S.C. 248(a)(2)). The FR 2835 is not

given confidential treatment, and the FR

2835a is given confidential treatment

under the Freedom of Information Act

(5 U.S.C. 552(b)(4)).

Abstract: The FR 2835 collects the

most common interest rate (largest

dollar volume of loans) charged at a

sample of commercial banks on two

types of consumer loans made in a given

week each quarter: new auto loans and

other loans for consumer goods and

personal expenditures. The FR 2835a

collects two measures of average credit

card interest rates from a sample of

commercial banks. The information,

together with information obtained from

other Federal Reserve reports and from

secondary sources, is used to construct

information on consumer credit for

current analysis for monetary policy

purposes. On the FR 2835, the Federal

Reserve redefined interest rates on loans

for new automobiles (item 1) to include

rates on loans to purchase light trucks

for personal use and reduced the

authorized panel size from 175 to 150

commercial banks. On the FR 2835a, the

Federal Reserve reduced the authorized

panel size from 150 to 100 commercial

banks.

3. Report title: Monthly Survey of

Industrial Electricity Use

Agency form numbers: FR 2009a, FR

2009b

OMB Control number: 7100-0057

Effective Date: Reporting month ending

October 31, 1997

Frequency: Monthly

Reporters: Public and privately owned

electric utilities (FR 2009a) and

cogenerators (FR 2009b)

Annual reporting hours: 3,384

Estimated average hours per response:

1.0 (FR 2009a), 0.5 (FR 2009b)

Number of respondents: 183 (FR 2009a),

198 (FR 2009b)

Small businesses are not affected.

General description of reports: This

information collection is voluntary (12

U.S.C. 225a, 263, 353 et seq., and 461)

and is given confidential treatment

under the Freedom of Information Act

(5 U.S.C. 552(b)(4)).

Abstract: These surveys have

collected information on the volume of

electric power sold during the month to

classes of industrial customers. The

electric power data are used in deriving

the Federal Reserve’s monthly index of

industrial production (IP) as well as for

calculating the monthly estimates of

electric power used by industry. The

electric utility industry is currently

restructuring in response to

deregulation at the federal and state

levels. The Federal Reserve revised the

FR 2009a such that respondents will

report the amount of power delivered to

industrial customers, instead of power

sold, so that utilities will continue to

report all power consumed by industrial

customers connected to their facilities.

The FR 2009b was not revised.

Final approval under OMB delegated

authority of the extension for three

years, without revision, of the following

report:

4. Report title: Quarterly Gasoline

Company Report

Agency form number: FR 2580

OMB Control number: 7100-0009

Frequency: Quarterly

Reporters: Gasoline companies

Annual reporting hours: 4

Estimated average hours per response:

0.15

Number of respondents: 7

Small businesses are not affected.

General description of report: This

information collection is voluntary (12

U.S.C. 225a, 263, 353 et seq. and 461)

and is given confidential treatment

under the Freedom of Information Act

(5 U.S.C. 552(b)(4)).

Abstract: The FR 2580 collects

information on open-end retail credit

outstanding from seven gasoline

companies. The information, together

with information obtained from other

Federal Reserve reports and from

secondary sources, is used to construct

information on consumer credit for

current analysis for monetary policy

purposes.

Board of Governors of the Federal Reserve

System, August 11, 1997.

William W. Wiles,

Secretary of the Board.

[FR Doc. 97–21651 Filed 8-14-97; 8:45AM]

Billing Code 6210-01-F

FEDERAL RESERVE SYSTEM

Agency Information Collection

Activities: Submission to OMB Under

Delegated Authority

Background

Notice is hereby given of the final

approval of proposed information

collections by the Board of Governors of

the Federal Reserve System (Board)

under OMB delegated authority, as per

5 CFR 1320.16 (OMB Regulations on

Controlling Paperwork Burdens on the

Public). The Federal Reserve may not

conduct or sponsor, and the respondent

is not required to respond to, an

information collection that has been

extended, revised, or implemented on or

after October 1, 1995, unless it displays

a currently valid OMB control number.

FOR FURTHER INFORMATION CONTACT:

Chief, Financial Reports Section—Mary

M. McLaughlin—Division of Research

and Statistics, Board of Governors of

the Federal Reserve System,

Washington, DC 20551 (202–452–

3829).

OMB Desk Officer—Alexander T.

Hunt—Office of Information and

Regulatory Affairs, Office of

Management and Budget, New

Executive Office Building, Room

3208, Washington, DC 20503 (202–

395–7860).

Final approval under OMB delegated

authority of the extension for three

years, with revision, of the following

reports:

1. Report titles: Report of Transaction

Accounts, Other Deposits and Vault

Cash; Reports of Certain Eurocurrency

Transactions; and Advance Reports of

Deposits.

Agency form numbers: FR 2900, FR

2950, FR 2951, FR 2000, and FR 2001.

OMB Control number: 7100–0087.

Effective Date: Reporting week ending

September 15, 1997, for FR 2900 weekly

respondents; reporting week ending

September 22 ,1997, for FR 2900

quarterly respondents.

Frequency: Weekly, quarterly, daily—

dependent upon request.

Reporters: Depository institutions.

Annual reporting hours: 1,281,447.

Report

Estimated

average

hours per

response

Number of respondents

FR 2900 .......... 3.50 6,026 weekly;

5,982 quarterly.

FR 2950/2951 1.00 642 weekly; 1

quarterly.

FR 2000 .......... 0.84 186.

FR 2001 .......... 0.96 540.