5008 Federal Register / Vol. 62, No. 22 / Monday, February 3, 1997 / Notices

1Copies of the Complaint and the Decision and

Order are available from the Commission’s Public

Reference Branch, H–130, 6th Street & Pennsylvania

Avenue NW., Washington, DC 20580.

be available for inspection at the offices

of the Board of Governors. Interested

persons may express their views in

writing on the standards enumerated in

the BHC Act (12 U.S.C. 1842(c)). If the

proposal also involves the acquisition of

a nonbanking company, the review also

includes whether the acquisition of the

nonbanking company complies with the

standards in section 4 of the BHC Act,

including whether the acquisition of the

nonbanking company can ‘‘reasonably

be expected to produce benefits to the

public, such as greater convenience,

increased competition, or gains in

efficiency, that outweigh possible

adverse effects, such as undue

concentration of resources, decreased or

unfair competition, conflicts of

interests, or unsound banking practices’’

(12 U.S.C. 1843). Unless

otherwise noted, nonbanking activities

will be conducted throughout the

United States.

Unless otherwise noted, comments

regarding each of these applications

must be received at the Reserve Bank

indicated or the offices of the Board of

Governors not later than February 27,

1997.

A. Federal Reserve Bank of Chicago

(James A. Bluemle, Vice President) 230

South LaSalle Street, Chicago, Illinois

60690-1413:

1. First Equity Corp., Skokie, Illinois;

to become a bank holding company by

acquiring 100 percent of the voting

shares of 1st Equity Bank, Skokie,

Illinois, a de novo bank.

Board of Governors of the Federal Reserve

System, January 28, 1997.

Jennifer J. Johnson,

Deputy Secretary of the Board.

[FR Doc. 97–2527 Filed 1–31–97; 8:45 am]

BILLING CODE 6210–01–F

Notice of Proposals to Engage in

Permissible Nonbanking Activities or

to Acquire Companies that are

Engaged in Permissible Nonbanking

Activities

The companies listed in this notice

have given notice under section 4 of the

Bank Holding Company Act (12 U.S.C.

1843) (BHC Act) and Regulation

Y, (12 CFR Part 225) to engage de novo,

or to acquire or control voting securities

or assets of a company that engages

either directly or through a subsidiary or

other company, in a nonbanking activity

that is listed in § 225.25 of Regulation

Y (12 CFR 225.25) or that the Board has

determined by Order to be closely

related to banking and permissible for

bank holding companies. Unless

otherwise noted, these activities will be

conducted throughout the United States.

Each notice is available for inspection

at the Federal Reserve Bank indicated.

Once the notice has been accepted for

processing, it will also be available for

inspection at the offices of the Board of

Governors. Interested persons may

express their views in writing on the

question whether the proposal complies

with the standards of section 4 of the

BHC Act, including whether

consummation of the proposal can

‘‘reasonably be expected to produce

benefits to the public, such as greater

convenience, increased competition, or

gains in efficiency, that outweigh

possible adverse effects, such as undue

concentration of resources, decreased or

unfair competition, conflicts of

interests, or unsound banking practices’’

(12 U.S.C. 1843). Any request for a

hearing on this question must be

accompanied by a statement of the

reasons a written presentation would

not suffice in lieu of a hearing,

identifying specifically any questions of

fact that are in dispute, summarizing the

evidence that would be presented at a

hearing, and indicating how the party

commenting would be aggrieved by

approval of the proposal.

Unless otherwise noted, comments

regarding the applications must be

received at the Reserve Bank indicated

or the offices of the Board of Governors

not later than February 18, 1997.

A. Federal Reserve Bank of Cleveland

(R. Chris Moore, Senior Vice President)

1455 East Sixth Street, Cleveland, Ohio

44101-2566:

1. Banc One Corporation, Columbus,

Ohio; to acquire Banc One Capital

Corporation, Columbus, Ohio, and

thereby engage in underwriting and

dealing to a limited extent in all types

of debt and equity securities. See J.P.

Morgan & Co., Inc., The Chase

Manhattan Corp., Bankers Trust New

York Corp., Citicorp and Security

Pacific Corp., 75 Fed. Res. Bull. 192

(1989).

Board of Governors of the Federal Reserve

System, January 28, 1997.

Jennifer J. Johnson,

Deputy Secretary of the Board.

[FR Doc. 97–2526 Filed 1–31–97; 8:45 am]

BILLING CODE 6210–01–F

FEDERAL TRADE COMMISSION

[Docket No. C–3703]

AAF–McQuay, Inc.; Prohibited Trade

Practices, and Affirmative Corrective

Actions

AGENCY: Federal Trade Commission.

ACTION: Consent order.

SUMMARY: In settlement of alleged

violations of federal law prohibiting

unfair or deceptive acts or practices and

unfair methods of competition, this

consent order prohibits, among other

things, a Kentucky-based manufacturer

of residential air filters from making any

representation regarding the

performance, health or other benefits, or

efficacy of air cleaning products, unless

the respondent possesses competent and

reliable scientific evidence to

substantiate such representations.

DATES: Complaint and Order issued

January 6, 1997.1

FOR FURTHER INFORMATION CONTACT:

Michael Milgrom, Federal Trade

Commission, Cleveland Regional Office,

668 Euclid Avenue, Suite 520–A,

Cleveland, OH 44114–3006. (216) 522–

4210.

SUPPLEMENTARY INFORMATION: On

Monday, October 28, 1996, there was

published in the Federal Register, 61 FR

55641, a proposed consent agreement

with analysis In the Matter of AAF–

McQuay, Inc., for the purpose of

soliciting public comment. Interested

parties were given sixty (60) days in

which to submit comments, suggestions

or objections regarding the proposed

form of the order.

No comments having been received,

the Commission has ordered the

issuance of the complaint in the form

contemplated by the agreement, made

its jurisdictional findings and entered

an order to cease and desist, as set forth

in the proposed consent agreement, in

disposition of this proceeding.

(Sec. 6, 38 Stat. 721; 15 U.S.C. 46. Interprets

or applies sec. 5, 38 Stat. 719, as amended;

15 U.S.C. 45)

Benjamin I. Berman,

Acting Secretary.

[FR Doc. 97–2584 Filed 1–31–97; 8:45 am]

BILLING CODE 6750–01–M

[Dkt. C–3701]

Class Rings, Inc., et al.; Prohibited

Trade Practices, and Affirmative

Corrective Actions

AGENCY: Federal Trade Commission.

ACTION: Consent order.

SUMMARY: In settlement of alleged

violations of federal law prohibiting

unfair or deceptive acts or practices and

unfair methods of competition, this

consent order permits Class Rings, Inc.

to acquire L.G. Balfour Company and

prohibits, among other things, Class