[Federal Register Volume 62, Number 207 (Monday, October 27, 1997)]
[Rules and Regulations]
[Pages 55495-55500]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-28421]



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Rules and Regulations
                                                Federal Register
________________________________________________________________________

This section of the FEDERAL REGISTER contains regulatory documents 
having general applicability and legal effect, most of which are keyed 
to and codified in the Code of Federal Regulations, which is published 
under 50 titles pursuant to 44 U.S.C. 1510.

The Code of Federal Regulations is sold by the Superintendent of Documents. 
Prices of new books are listed in the first FEDERAL REGISTER issue of each 
week.

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Federal Register / Vol. 62, No. 207 / Monday, October 27, 1997 / 
Rules and Regulations

[[Page 55495]]


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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: November 10, 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 Dorothea Thompson, 
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 July 28, 
1997 (62 FR 40257), and became effective August 11, 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 July 28, 1997 (62 FR 40257), 
and became effective August 11, 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.

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

ACCUMED INTERNATIONAL, INC.
    Warrants (expire 10-14-97)
ALLIANCE GAMING CORPORATION
    Series B, 15% non-voting senior specialty shares
AMERICAN SENSORS, INC.
    No par common
APPLIED SCIENCE & TECHNOLOGY, INC.
    Warrants (expire 11-10-98)
BARRY'S JEWELERS, INC.
    No par common
    Warrants (expire 07-01-2002)
CAMBEX CORPORATION
    $.10 par common
CARNEGIE BANCORP (New Jersey)
    Warrants (expire 08-18-97)

[[Page 55496]]

CHROMAVISION MEDICAL SYSTEMS, INC.
    Rights (expire 08-05-97)
COM/TECH COMMUNICATIONS TECHNOLOGIES
    $.0001 par common
COMMUNITY MEDICAL TRANSPORT, INC.
    Warrants (expire 10-03-99)
CONSOLIDATED ECO-SYSTEMS, INC.
    $.001 par common
CONTROL DATA SYSTEMS, INC.
    $.01 par common
CRAIG CONSUMER ELECTRONICS, INC.
    $.01 par common
DIVERSINET CORPORATION
    No par common
DORSEY TRAILERS, INC.
    $.01 par common
FIRST MERCHANTS ACCEPTANCE CORP.
    $.01 par common
GANDALF TECHNOLOGIES, INC.
    No par common
GARDNER DENVER MACHINERY, INC.
    $.01 par common
GROSSMAN'S INC.
    $.01 par common
HEALTH MANAGEMENT, INC.
    $.03 par common
HOLLYWOOD PARK, INC.
    Depositary shares
HOME STATE HOLDINGS, INC.
    $.01 par common
HOMEOWNERS GROUP, INC.
    $.01 par common
IBIS TECHNOLOGY CORPORATION
    Warrants (expire 05-20-99)
INNODATA CORPORATION
    Warrants (expire 08-09-97)
KOLL REAL ESTATE GROUP, INC.
    Series A, $.01 par convertible preferred
MACHEEZMO MOUSE RESTAURANTS, INC.
    No par common
MID-STATES PLC
    American Depositary Receipts
MIDISOFT CORPORATION
    No par common
OLD AMERICA STORES, INC.
    $.01 par common
OMEGA ENVIRONMENTAL, INC.
    $.0025 par common
PARADIGM TECHNOLOGY, INC.
    $.01 par common
PEOPLE'S CHOICE TV CORP.
    $.01 par common
PLAYNET TECHNOLOGIES, INC.
    $.001 par common
RATTLESNAKE HOLDING COMPANY, INC.
    $.001 par common
RENAISSANCE ENTERTAINMENT CORP.
    Class A, warrants expire 01-27-2000)
    Class B, warrants expire 01-27-2000)
RIVER OAKS FURNITURE, INC.
    $.01 par common
SCORE BOARD, INC., THE
    $.01 par common
SERAGEN, INC.
    $.01 par common
SOLV-EX CORPORATION
    $.01 par common
SPEC'S MUSIC, INC.
    $.01 par common
STANDARD FINANCIAL, INC.
    $.01 par common
STERLING FINANCIAL CORPORATION
    Series A, $1.00 par cumulative convertible preferred
STRAWBRIDGE & CLOTHIER
    Class A, $1.00 par common
SUPERIOR ENERGY SERVICES, INC.
    Class B, warrants expire 12-08-2000)
TOTAL WORLD TELECOMMUNICATIONS, NC.
    $.00001 par common
TRACK DATA CORPORATION
    Warrants (expire 08-10-97)
UNIONBANCAL CORPORATION
    Depositary shares
VECTRA TECHNOLOGIES, INC.
    $.01 par common
WAVE SYSTEMS CORPORATION
    Class A, $.01 par common

Stocks Removed for Listing on a National Securities Exchange or Being 
Involved in an Acquisition

ADVANCED LOGIC RESEARCH, INC.
    $.01 par common
AMERICAN FEDERAL BANK, FSB (South Carolina)
    $1.00 par common
AMERICAN FILTRONA CORPORATION
    $1.00 par common
AMERICAN MEDSERVE CORPORATION
    $.01 par common
AMRION INC.
    $.0011 par common
APOGEE, INC.
    $.01 par common
ARDEN INDUSTRIAL PRODUCTS, INC.
    $.01 par common
ARGYLE TELEVISION, INC.
    Class A, $.01 par common
AST RESEARCH, INC.
    $.01 par common
ATWOOD OCEANICS, INC.
    $1.00 par common
AURUM SOFTWARE, INC.
    $.001 par common
BANKATLANTIC BANCORP, INC. (Florida)
    Class A, $.01 par common
BANKERS CORPORATION (New Jersey)
    $.01 par common
BASIC PETROLEUM INTERNATIONAL LIMIT
    Ordinary Shares (BAH $3.00)
BIOPSYS MEDICAL, INC.
    $.001 par common
BLYVOORUITZICHT GOLD MINING COMPANY
    American Depositary Receipts
BNH BANCSHARES, INC. (Connecticut)
    $1.00 par common
BUCYRUS INTERNATIONAL, INC.
    $.01 par common
BUFFELSFONTEIN GOLD MINES, LTD.
    American Depositary Receipts
CARDINAL BANCSHARES, INC.
    No par common
CARDIOMETRICS, INC.
    $.01 par common
CB BANCORP, INC. (Indiana)
    $.01 par common
CHANCELLOR BROADCASTING COMPANY
    Class A, $.01 par common
COLLECTIVE BANCORP, INC.
    $.01 par common
COLONIAL GAS COMPANY
    $5.00 par common
COMMUNITY BANKSHARES, INC.
    $1.00 par common
CRA MANAGED CARE, INC.
    $.01 par common
CROP GROWERS CORPORATION
    $.01 par common
CRYENCO SCIENCES, INC.
    Class A, $1.00 par common
CRYOLIFE, INC.
    $.01 par common
CULLEN/FROST BANKERS, INC.
    $5.00 par common
DAKA INTERNATIONAL, INC.
    $.01 par common
DARLING INTERNATIONAL INC.
    $.01 par common
DBT ONLINE, INC.
    $.10 par common
DELAWARE OTSEGO CORPORATION
    $.125 par common
DIGEX, INCORPORATED
    $.01 par common
DRECO ENERGY SERVICES LTD.
    Class A, no par common
DRILEX CORPORATION
    $.01 par common
DURCO INTERNATIONAL, INC.
    $1.25 par common
EMCARE HOLDINGS, INC.
    $.01 par common
ENVIROTEST SYSTEMS, INC.
    Class A, $.01 par common
FIRST CITIZENS FINANCIAL CORP.
    $.01 par common
FIRST MICHIGAN BANK CORPORATION
    $1.00 par common
FIRST PATROIT BANKSHARES CORP.
    $2.50 par common
FORT HOWARD CORPORATION
    $.01 par common
GIDDINGS & LEWIS, INC.
    $.10 par common
GOLDEN POULTRY COMPANY, INC.
    $1.00 par common
GREATER NEW YORK SAVINGS BANK
    $1.00 par common

[[Page 55497]]

GREENWICH AIR SERVICES, INC.
    Class A, $.01 par common
    Class B, $.01 par common
HAVERFIELD CORPORATION
    $.01 par common
HECHINGER COMPANY
    Class A, $.10 par common
    Class B, $.10 par common
    5\1/2\% convertible subordinated debentures
HOSPITALITY WORLDWIDE SERVICES, INC.
    $.01 par common
HUDSON CHARTERED BANCORP, INC.
    $.80 par common
IMAGYN MEDICAL, INC.
    $.01 par common
INBRAND CORPORATION
    $.10 par common
INDIANA FEDERAL CORPORATION
    $.01 par common
INDUS GROUP, INC., THE
    $.001 par common
INTERACTIVE GROUP, INC.
    $.001 par common
JSB FINANCIAL, INC.
    $.01 par common
KRYSTAL COMPANY, THE
    No par common
MAXIS, INC.
    $.0001 par common
McFARLAND ENERGY, INC.
    $1.00 par common
MEMTEC LIMITED
    American Depositary Shares
MICRO BIO-MEDICS, INC.
    $.03 par common
MOTIVEPOWER INDUSTRIES, INC.
    $.01 par common
MS FINANCIAL, INC.
    $.001 par common
NATIONAL SANITARY SUPPLY COMPANY
    $1.00 par common
NELLCOR PURITAN BENNETT, INC.
    $.001 par common
NETFRAME SYSTEMS INCORPORATED
    $.001 par common
NUMAR CORPORATION
    $.01 par common
OCTEL COMMUNICATIONS CORPORATION
    $.01 par common
OCWEN FINANCIAL CORPORATION
    $.01 par common
ONTRAK SYSTEMS, INC.
    No par common
OUTDOOR SYSTEMS, INC.
    $.01 par common
PALMER WIRELESS, INC.
    Class A, $.01 par common
PENN VIRGINIA CORPORATION
    $6.25 par common
PEOPLE'S SAVINGS FINANCIAL CORP.
    $1.00 par common
PEOPLES HOLDING COMPANY, THE
    $5.00 par common
PHYSICIAN CORPORATION OF AMERICA
    $.01 par common
PLANET HOLLYWOOD INTERNAIONAL, INC.
    Class A, $.01 par common
PORTSMOUTH BANKSHARES, INC.
    $.10 par common
PRIDE INTERNATIONAL, INC.
    No par common
PRIME RETAIL, INC.
    $.01 par common
    Series B, cumulative convertible preferred
PURE ATRIA CORPORATION
    $.0001 par common
RAYMOND CORPORATION, THE
    $1.50 par common
RCSB FINANCIAL, INC.
    $1.00 par common
RENAISSANCE SOLUTIONS, INC.
    $.001 par common
RIVERVIEW SAVINGS BANK, F.S.B.
    $1.00 par common
ROYAL GRIP, INC.
    $.001 par common
SECURITY CAPITAL CORPORATION
    $1.00 par common
SEDA SPECIALTY PACKAGING CORP.
    No par common
SERV-TECH, INC.
    $.50 par common
SHARED MEDICAL SYSTEMS CORP.
    $.01 par common
SIMPSON MANUFACTURING CO., INC.
    No par common
SMT HEALTH SERVICES, INC.
    $.01 par common
SOUTHWEST SECURITIES GROUP, INC.
    $.10 par common
STRYKER CORPORATION
    $.10 par common
SUBURBAN BANCORPORATION, INC.
    $.01 par common
TALBERT MEDICAL MANAGEMENT HOLDINGS
    $.01 par common
TELCO COMMUNICATIONS GROUP, INC.
    No par common
TETRA TECHNOLOGIES, INC.
    $.01 par common
THERAPEUTIC DISCOVERY CORPORATION
    Class A, $.01 par common
TUBOSCOPE INC.
    $.01 par common
U.S. BANCORP (Oregon)
    $5.00 par common
    Series A, 8c par cumulative preferred
UNITED CITIES GAS COMPANY
    No par common
UNITED WASTE SYSTEMS, INC.
    $.001 par common
VARSITY SPIRIT CORPORATION
    $.01 par common
VERSA TECHNOLOGIES, INC.
    $.01 par common
WATSON PHARMACEUTICALS, INC.
    $.0033 par common
WINSTON HOTELS, INC.
    $.01 par common
WINTON FINANCIAL CORPORATION
    No par common

Additions to the List of Marginable OTC Stocks

@ENTERTAINMENT, INC.
    $.01 par common
A.C. MOORE ARTS & CRAFTS, INC.
    No par common
ADVANCED ELECTRONIC SUPPORT PRODUCTS, INC.
    $.001 par common
ADVANTAGE LEARNING SYSTEMS, INC.
    $.01 par common
AEHR TEST SYSTEMS
    $.01 par common
AMERICAN BUSINESS INFORMATION, INC.
    Class A, $.0025 par common
AMERICAN CAPITAL STRATEGIES, LTD.
    $.01 par common
AMERICAN DENTAL TECHNOLOGIES, INC.
    $.001 par common
APPLE SOUTH, INC.
    Apple South Financing I
ASIA ELECTRONICS HOLDING CO., INC.
    $.01 par common
AUTHENTIC SPECIALTY FOODS, INC.
    $1.00 par common
AUTOCYTE, INC.
    $.01 par common
BEI TECHNOLOGIES, INC.
    $.001 par common
BELL CANADA INTERNATIONAL, INC.
    No par common
BEST SOFTWARE, INC.
    No par common
BIG DOG HOLDING, INC.
    $.01 par common
BIORELIANCE CORPORATION
    $.01 par common
BORON, LePORE & ASSOCIATES, INC.
    $.01 par common
CABLE MICHIGAN, INC.
    $1.00 par common
CARRIZO OIL & GAS, INC.
    $.01 par common
CASMYN CORPORATION
    $.04 par common
CASTLE DENTAL CENTERS, INC.
    $.001 par common
CATALYTICA, INC.
    Warrants
CHILDREN'S PLACE RETAIL STORES, INC., THE
    $.10 par common
CITIZENS NATIONAL BANK OF TEXAS

[[Page 55498]]

    $2.03 par common
CMP MEDIA, INC.
    $.01 par common
COGNICASE, INC.
    No par common
COMPASS PLASTICS & TECHNOLOGIES, INC.
    $.0001 par common
COMPUTER MOTION, INC.
    $.001 par common
CONCENTRIC NETWORK CORPORATION
    $.001 par common
CONTINENTAL NATURAL GAS, INC.
    $.01 par common
CORIXA CORPORATION
    $.001 par common
CORPORATEFAMILY SOLUTIONS, INC.
    No par common
CORSAIR COMMUNICATION, INC.
    $.001 par common
CRESCENDO PHARMACEUTICALS CORPORATION
    Class A, $.01 par common
CRESCENT OPERATING, INC.
    $.01 par common
CTB INTERNATIONAL CORPORATION
    $.01 par common
D&N FINANCIAL CORPORATION
    Series A, non-cumulative exchangeable preferred
DENISON INTERNATIONAL PLC
    American Depositary Shares
DIGITAL TRANSMISSION SYSTEMS, INC.
    $.01 par common
EAGLE GEOPHYSICAL, INC.
    $.01 par common
EASTBROKERS INTERNATIONAL INCORPORATED
    $.05 par common
EDAP TMS S.A.
    American Depositary Receipts
EDUTREK INTERNATIONAL, INC.
    Class A, no par common
ENGEL GENERAL DEVELOPERS LTD.
    Class A, ordinary shares (.1 LIS)
EXCELSIOR-HENDERSON MOTORCYCLE MANUFACTURING
    $.01 par common
EXECUSTAY CORPORATION
    $.01 par common
FARO TECHNOLOGIES, INC.
    $.001 par common
FINE AIR SERVICES, INC.
    $.01 par common
FIRST CARNEGIE DEPOSIT
    $.10 par common
FIRST INTERNATIONAL BANCORP, INC. (Connecticut)
    $.01 par common
FIRSTCITY FINANCIAL CORPORATION
    Special preferred stock
FRESHSTART VENTURE CAPITAL
    $.01 par common
FRIEDE GOLDMAN INTERNATIONAL, INC.
    $.01 par common
GALILEO TECHNOLOGY, LTD.
    Ordinary shares (NIS .01)
GENERAL BEARING CORPORATION
    $.01 par common
GLOBECOMM SYSTEMS, INC.
    $.001 par common
HACH COMPANY
    Class A, $1.00 par common
HALL, KINION & ASSOCIATES, INC.
    $.001 par common
HARVEST RESTAURANT GROUP, INC.
    $.01 par common
HEARST-ARGYLE TELEVISION, INC.
    Class A, $.01 par common
HYSEC, INC.
    $.001 par common
IFS INTERNATIONAL, INC.
    $.001 par common
    Series A, preferred
    Series A, warrants (expire 01-31-2002)
IL FORNAIO (AMERICA) CORPORATION
    $.001 par common
INDUS INTERNATIONAL, INC.
    $.001 par common
INFORMATION MANAGMENT ASSOCIATES, INC.
    No par common
INNOVA CORPORATION
    No par common
INSPIRE INSURANCE SOLUTIONS, INC.
    $.01 par common
INTEGRAL SYSTEMS, INC.
    $.01 par common
INTERNATIONAL TOTAL SERVICES, INC.
    No par common
IONICA GROUP PLC
    American Depositary Receipts
J.D. EDWARDS & COMPANY
    $.001 par common
JEVIC TRANSPORTATION, INC.
    No par common
JLM INDUSTRIES, INC.
    $.01 par common
KENDLE INTERNATIONAL, INC.
    No par common
KOFAX IMAGE PRODUCTS, INC.
    $.001 par common
LAKELAND FINANCIAL CORPORATION
    $.50 par common
    No par cumulative trust preferred
LOGILITY, INC.
    No par common
MACHEEZMO MOUSE RESTAURANTS, INC.
    No par common
MARCAM SOLUTIONS, INC.
    $.01 par common
MASON-DIXON BANCSHARES, INC.
    Preferred securities liquidation amount $25
McMORAN OIL & GAS COMPANY
    Rights (expire 11-13-97)
MEGABIOS CORPORATION
    $.001 par common
MICROCELL TELECOMMUNICATIONS, INC.
    Class B, no par common
MISONIX, INC.
    $.01 par common
MODERN TIMES GROUP MTG AB
    American Depositary Shares
MONARCH DENTAL CORPORATION
    $.01 par common
NATIONAL RESEARCH CORPORATION
    $.001 par common
NETWORK SOLUTIONS, INC.
    Class A, $.001 par common
NEWCOM, INC.
    $.001 par common
    Warrants (expire 09-16-2002)
NEWSTAR RESOURCES, INC.
    $.01 par common
NEXTLINK COMMUNICATIONS, INC.
    Class A, $.02 par common
NORTHWAY FINANCIAL, INC.
    $1.00 par common
NOVEL DENIM HOLDINGS, LTD.
    Ordinary shares ($1.00 par value)
OBJECTIVE COMMUNICATIONS, INC.
    $.01 par common
OCULAR SCIENCES, INC.
    $.001 par common
OMEGA RESEARCH, INC.
    $.01 par common
OMTOOL, LTD.
    $.01 par common
OREGON TRAIL FINANCIAL CORPORATION
    $.01 par common
ORTHALLIANCE, INC.
    Class A, $.001 par common
OSI SYSTEMS, INC.
    No par common
PACIFIC CREST CAPITAL, INC.
    Trust preferred security
PEGASUS SYSTEMS, INC.
    $.01 par common
PEOPLE'S PREFERRED CAPITAL CORPORATION
    Series A, noncumulative exchangeable preferred
PERVASIVE SOFTWARE, INC.
    $.001 par common
POSITRON FIBER SYSTEMS CORPORATION
    No par common
POWER-ONE, INC.
    $.001 par common
PRICESMART, INC.
    $.0001 par common
PRIME BANCSHARES, INC.
    $.25 par common
PRIMEENERGY CORPORATION
    $.10 par common
PROBUSINESS SERVICES, INC.
    $.001 par common
PROFILE TECHNOLOGIES, INC.
    $.001 par common
PROGENITOR, INC.
    $.001 par common
    Warrants (expire 08-07-2002)

[[Page 55499]]

PROSOFT I-NET SOLUTIONS, INC.
    $.001 par common
PULASKI SAVINGS BANK (New Jersey)
    $.01 par common
QAD, INC.
    $.001 par common
QUESTRON TECHNOLOGY, INC.
    Series B, convertible preferred
RADCOM LTD.
    Ordinary share ($.05 NIS)
RCN CORPORATION
    $1.00 par common
RENEX CORPORATION
    $.001 par common
REPUBLIC BANCSHARES, INC.
    Cumulative Trust Preferred Securities Liquidation $10
RETROSPETTIVA, INC.
    No par common
    Warrants (expire 09-23-2002)
RIT TECHNOLOGIES, LTD.
    Ordinary shares (.1 NIS)
RIVERVIEW SAVINGS BANK, F.S.B.
    $.01 par common
ROYAL PRECISION, INC.
    $.001 par common
RSL COMMUNICATIONS, LTD.
    Class A, $.0045 par common
SCHEID VINEYARDS, INC.
    Class A, $.001 par common
SCM MICROSYSTEMS, INC.
    $.001 par common
SHORE BANK (Virginia)
    $.33 par common
SIGNATURE EYEWEAR, INC.
    $.001 par common
SINCLAIR BROADCAST GROUP, INC.
    Series D, convertible exchangeable preferred
SLH CORPORATION
    $.01 par common
SPR, INC.
    $.01 par common
STAR BUFFET, INC.
    $.001 par common
STARTEC GLOBAL COMMUNICATIONS CORPORATION
    $.01 par common
STERIGENICS INTERNATIONAL, INC.
    $.001 par common
SYNTEL, INC.
    No par common
TAKE-TWO INTERACTIVE SOFT, INC.
    $.01 par common
TELE-COMMUNICATIONS, INC.
    TCI Ventures Group, Class A, $1.00 par common
    TCI Ventures Group, Class B, $1.00 par common
THE A CONSULTING TEAM, INC.
    $.01 par common
THINKING TOOLS, INC.
    $.001 par common
TOTAL ENTERTAINMENT RESTAURANT CORPORATION
    $.01 par common
TRACK 'N TRAIL
    $.01 par common
TRAILER BRIDGE, INC.
    $.01 par common
TRAVEL SERVICES INTERNATIONAL, INC.
    $.01 par common
TRENDWEST RESORTS, INC.
    No par common
TRIMERIS, INC.
    $.001 par common
TURBODYNE TECHNOLOGIES, INC.
    No par common
U.S. BANCORP (Minnesota)
    Series A, preferred stock
U.S.A. FLORAL PRODUCTS, INC.
    $.001 par common
UNIFAB INTERNATIONAL, INC.
    $.01 par common
UNIQUE CASUAL RESTAURANTS, INC.
    $.01 par common
VALLEY INDEPENDENT BANK
    No par common
VESTCOM INTERNATIONAL, INC.
    No par common
VIMRX PHARMACEUTICALS, INC.
    Warrants (expire 06-20-2006)
VIRGINIA COMMERCE BANK
    $5.00 par common
VISION TWENTY-ONE, INC.
    $.001 par common
WARNER CHILCOTT, PLC
    American Depositary Shares

Deletions From the Foreign Margin List

AUSTRIA

PERLMOOSER ZEMENTWERKE AG
    Ordinary shares, par 100 Austrian schillings

BELGIUM

ALMANIJ-KREDIETBANK GROUP
    VVPR

CANADA

BRASCAN LIMITED
    No par Class A common
COCA-COLA BEVERAGES LTD.
    No par common
EDPER GROUP LIMITED
    Class A, no par common
NATIONAL TRUSTCO INC.
    No par common
TOTAL PETROLEUM (NORTH AMERICA) LTD.
    No par common

FINLAND

MERITA LTD
    B Shares, par 5 Finnish marks
RAISON TEHTAAT VAIH OS OY AB
    K Series common, par 10 Finnish marks

FRANCE

GTM-ENTREPOSE SA
    Ordinary shares, par 50 French francs
UNION FRANCAISE DE BANQUES LOCABAIL SA
    Ordinary shares, par 100 French francs

ITALY

SASIB SPA
    Non-convertible savings shares, par 1000 lira
STET SOC. FINANZIARIA TELEFONICA PA
    Non-convertible savings shares, par 1000 lira
STET SOC. FINANZIARIA TELEFONICA PA
    Ordinary shares, par 1000 lira

JAPAN

CALPIS FOOD INDUSTRY CO., LTD.
    <yen>50 par common
MORINAGA AND COMPANY, LTD.
    <yen>50 par common
NIPPON BEET SUGAR MANUFACTURING CO., LTD.
    <yen>50 par common
SHOWA LINE, LTD.
    <yen>50 par common
YUASA TRADING CO., LTD.
    <yen>50 par common

MALAYSIA

BERJAYA INDUSTRIAL BERHAD
    Ordinary shares, par 1 Malaysian ringgit

NORWAY

NYCOMED ASA
    A Ordinary Common, par 4 Norwegian krone
NYCOMED ASA
    B ordinary common, par 4 Norwegian krone
STOREBRAND AS
    A ordinary common, par 5 Norwegian krone

SOUTH AFRICA

AMPLATS LTD.
    Ordinary shares, par 1 South African rand
RUSTENBURG PLATINUM HOLDINGS LIMITED
    Ordinary shares, par 0.10 South African rand

THAILAND

CMIC FINANCE & SECURITIES PUBLIC CO. LTD.
    Ordinary shares, par 10 Thai baht
GENERAL FINANCE & SECURITIES PUBLIC CO. LTD.
    Ordinary shares, par 10 Thai baht
WATTACHAK CO. LTD.
    Ordinary shares, par 10 Thai baht

UNITED KINGDOM

AMSTRAD PLC
    Ordinary shares, par 25 p
TR SMALLER COMPANIES INVESTMENT TRUST
    Ordinary shares, par 25 p

[[Page 55500]]

Additions to the Foreign Margin List

CANADA

EDPER BRASCAN CORPORATION
    Class A, no par common

FINLAND

MERITA LTD
    A shares, par 5 Finnish marks
RAISON TEHTAAT VAIH OS OY AB
    K shares common, par 10 Finnish marks

FRANCE

GROUPE GTM SA
    Ordinary shares, par 50 French francs

JAPAN

CALPIS CO., LTD.
    50 par common

MALAYSIA

REKAPACIFIC BERHAD
    Ordinary shares, par 1 Malaysian ringgit

SOUTH AFRICA

ANGLO AMERICAN PLATINUM CORPORATION LIMITED
    Ordinary shares, par 10 South African rand

UNITED KINGDOM

BILLITON PLC
    Ordinary shares, par 50 p
HENDERSON SMALLER COMPANIES INVESTMENT TRUST
    Ordinary shares, par 25 p
NYCOMED AMERSHAM INTERNATIONAL 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 Regulation pursuant to delegated authority (12 CFR 
265.7(f)(10)), October 22, 1997.
William W. Wiles,
Secretary of the Board.
[FR Doc. 97-28421 Filed 10-24-97; 8:45 am]
BILLING CODE 6210-01-P