Federal Register / Vol. 62, No. 248 / Monday, December 29, 1997 / Notices 67641

In order to provide Federal assistance, you

are hereby authorized to allocate from funds

available for these purposes, such amounts as

you find necessary for Federal disaster

assistance and administrative expenses.

You are authorized to provide Individual

Assistance and Public Assistance in the

designated areas. Hazard Mitigation may be

added at a later date, if requested. Consistent

with the requirement that Federal assistance

be supplemental, any Federal funds provided

under the Stafford Act for Public Assistance

or Hazard Mitigation will be limited to 75

percent of the total eligible costs.

The time period prescribed for the

implementation of section 310(a),

Priority to Certain Applications for

Public Facility and Public Housing

Assistance, 42 U.S.C. 5153, shall be for

a period not to exceed six months after

the date of this declaration.

Notice is hereby given that pursuant

to the authority vested in the Director of

the Federal Emergency Management

Agency under Executive Order 12148, I

hereby appoint William L. Carwile of

the Federal Emergency Management

Agency to act as the Federal

Coordinating Officer for this declared

disaster.

I do hereby determine the following

areas of the Commonwealth of the

Northern Mariana Islands to have been

affected adversely by this declared

major disaster:

The Islands of Saipan, Tinian, and Rota for

Individual Assistance and Public Assistance.

(Catalog of Federal Domestic Assistance No.

83.516, Disaster Assistance.)

James L. Witt,

Director.

[FR Doc. 97–33709 Filed 12–24–97; 8:45 am]

BILLING CODE 6718–02–P

FEDERAL RESERVE SYSTEM

Formations of, Acquisitions by, and

Mergers of Bank Holding Companies

The companies listed in this notice

have applied to the Board for approval,

pursuant to the Bank Holding Company

Act of 1956 (12 U.S.C. 1841 et seq.)

(BHC Act), Regulation Y (12 CFR Part

225), and all other applicable statutes

and regulations to become a bank

holding company and/or to acquire the

assets or the ownership of, control of, or

the power to vote shares of a bank or

bank holding company and all of the

banks and nonbanking companies

owned by the bank holding company,

including the companies listed below.

The applications listed below, as well

as other related filings required by the

Board, are available for immediate

inspection at the Federal Reserve Bank

indicated. The application also will 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.

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 January 22,

1998.

A. Federal Reserve Bank of

Richmond (A. Linwood Gill III,

Assistant Vice President) 701 East Byrd

Street, Richmond, Virginia 23261-4528:

1. First Commercial Corporation,

Little Rock, Arkansas; to acquire 100

percent of the voting shares of First

Commercial Bank N.A. of West

Memphis, West Memphis, Arkansas,

which will be the successor to the

conversion of Federal Savings Bank,

Rogers, Arkansas, from a federally

chartered savings bank to a nationally

chartered commercial bank.

In connection with this application,

Applicant also has applied to acquire

KW Bancshares, Inc., Little Rock,

Arkansas, and thereby indirectly acquire

its wholly owned thrift subsidiary,

Federal Savings Bank, Rogers, Arkansas,

and thereby engage in acquiring a

savings institution, pursuant to §

225.28(b)(4)(ii) of the Board’s Regulation

Y. Following consummation of the

acquisition, Federal Savings Bank will

convert to a nationally chartered

commercial bank.

2. United Bankshares, Inc.,

Charleston, West Virginia; to acquire

100 percent of the voting shares of

George Mason Bankshares, Inc., Fairfax,

Virginia, and thereby indirectly acquire

The George Mason Bank, Fairfax,

Virginia.

B. Federal Reserve Bank of St. Louis

(Randall C. Sumner, Vice President) 411

Locust Street, St. Louis, Missouri 63102-

2034:

1. Alliance Bancorporation, Inc., Hot

Springs, Arkansas; to become a bank

holding company by acquiring 100

percent of the voting shares of Alliance

Bank of Hot Springs, Hot Springs,

Arkansas.

C. Federal Reserve Bank of Kansas

City (D. Michael Manies, Assistant Vice

President) 925 Grand Avenue, Kansas

City, Missouri 64198-0001:

1. Gold Banc Corporation, Inc.,

Leawood, Kansas; to acquire 100

percent of the voting shares of First

National Bancshares, Inc., Alma,

Kansas, and thereby indirectly acquire

First National Bank in Alma, Alma,

Kansas.

Board of Governors of the Federal Reserve

System, December 22, 1997.

Jennifer J. Johnson,

Deputy Secretary of the Board.

[FR Doc. 97–33775 Filed 12–24–97; 8:45 am]

BILLING CODE 6210–01–F

FEDERAL RESERVE SYSTEM

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 § 225.28 of Regulation Y (12

CFR 225.28) 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.

The notice also will 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.

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 January 9, 1998.

A. Federal Reserve Bank of New

York (Betsy Buttrill White, Senior Vice

President) 33 Liberty Street, New York,

New York 10045-0001:

1. Bayerische Vereinsbank AG,

Munich, Germany; to acquire Hypo

Securities Inc., New York, New York,

and thereby engage in brokerage of

equity securities, as agent for the

account of customers, who are, for the

most part, non-U.S. offices and affiliates

of Hypo Bank, pursuant to §

225.28(b)(7)(i) of the Board’s Regulation

Y; brokerage of fixed income securities,

as agent for the account of customers,

pursuant to § 225.28(b)(7)(i) of the

Board’s Regulation Y; secondary market

riskless principal transactions involving
67642 Federal Register / Vol. 62, No. 248 / Monday, December 29, 1997 / Notices

fixed income securities, pursuant to §

225.28(b)(7(ii) of the Board’s Regulation

Y; and investment advisory activities,

especially advice with respect to real

estate equity and debt investments,

pursuant to § 225.28(b)(6) of the Board’s

Regulation Y.

Board of Governors of the Federal Reserve

System, December 19, 1997.

Jennifer J. Johnson,

Deputy Secretary of the Board.

[FR Doc. 97–33637 Filed 12-24-97; 8:45 am]

BILLING CODE 6210-01-F

FEDERAL RESERVE SYSTEM

[Docket No. R–0997]

Treatment of U.S. Companies

Operating in Government Debt Market

in the Netherlands

AGENCY: Board of Governors of the

Federal Reserve System.

ACTION: Notice of study and request for

comment.

SUMMARY: Under the Primary Dealers

Act of 1988, which became effective on

August 23, 1989, the Federal Reserve

may not designate or permit the

continuation of the designation of any

person of a foreign country as a primary

dealer in government debt instruments

if such foreign country does not accord

to U.S. companies the same competitive

opportunities in the underwriting and

distribution of government debt

instruments issued by such country as

such country accords to its domestic

companies. Pursuant to this Act, the

Federal Reserve is reviewing the

government debt market of the

Netherlands and requests public

comment on the treatment of U.S.

companies with respect to the

Netherlands’ government debt market,

focusing in particular on the treatment

of U.S. companies relative to domestic

firms.

DATE: Comments must be received by

February 27, 1998.

ADDRESSES: Comments, which should

refer to Docket No. R–0997, may be

mailed to the Board of Governors of the

Federal Reserve System, 20th Street and

Constitution Avenue NW, Washington,

D.C. 20551, to the attention of Mr.

William W. Wiles, Secretary. Comments

addressed to the attention of Mr. Wiles

may also be delivered to the Board’s

mailroom between 8:45 a.m. and 5:15

p.m. weekdays and to the security

control room outside of those hours.

Both the mailroom and the security

control room are accessible from the

courtyard entrance on 20th Street

between Constitution Avenue and C

Street, NW. Comments will be available

for inspection and copying by members

of the public in the Freedom of

Information Office, Room MP–500,

between 9:00 a.m. and 5:00 p.m.

weekdays, except as provided in section

261.8 of the Board’s Rules Regarding the

Availability of Information.

FOR FURTHER INFORMATION CONTACT:

Kathleen O’Day, Associate General

Counsel (202/452–3786), or Ann

Misback, Managing Senior Counsel

(202/452–3788), Legal Division; or Larry

Promisel, Senior Advisor (202/452–

3533), Division of International Finance;

Board of Governors of the Federal

Reserve System. For the hearing

impaired only, Telecommunication

Device for the Deaf (TDD), Diane Jenkins

(202/452–3544), Board of Governors of

the Federal Reserve System, 20th and C

Streets NW., Washington, D.C. 20551.

SUPPLEMENTARY INFORMATION: Under the

Primary Dealers Act of 1988 (‘‘Act’’), 22

U.S.C. §§ 5341–5342, the Federal

Reserve may not permit a person of a

foreign country to act as a primary

dealer in U.S. government securities if

the person’s home country does not

accord U.S. companies the same

competitive opportunities as the foreign

country accords domestic companies in

underwriting and distributing

government debt obligations of such

foreign country. A ‘‘person of a foreign

country’’ includes any foreign

individual or company that directly or

indirectly controls a primary dealer.

A subsidiary of a bank organized in

the Netherlands proposes to be

designated as a primary dealer in U.S.

government securities. Accordingly, in

order to make the determination

required by the Act, the Federal Reserve

is undertaking a study of the

government debt market of the

Netherlands to determine whether U.S.

companies are accorded national

treatment in their access to that market.

The Federal Reserve would welcome

the views of U.S. firms or other persons

on the specific respects in which U.S.

companies are accorded, or are not

accorded, the same competitive

opportunities in the underwriting and

distribution of Dutch government debt

instruments as the Netherlands accords

to Dutch domestic companies. All such

comments, which should be submitted

by February 27, 1998, would be

considered in the context of the study

of this market.

By order of the Board of Governors of the

Federal Reserve System, December 19, 1997.

William W. Wiles,

Secretary of the Board.

[FR Doc. 97–33652 Filed 12–24–97; 8:45 am]

BILLING CODE 6210–01–P

DEPARTMENT OF HEALTH AND

HUMAN SERVICES

National Institutes of Health

National Heart, Lung, and Blood

Institute; Submission for OMB Review;

Comment Request, The

Atherosclerosis Risk in Communities

Study

SUMMARY: Under the provisions of

Section 3506(c)(2)(A) of the Paperwork

Reduction Act of 1995, the National

Heat, Lung, and Blood Institute

(NHLBI), the National Institutes of

Health (NIH) has submitted to the Office

of Management and Budget (OMB) a

request to review and approve the

information collection listed below.

This proposed information collection

was previously published in the Federal

Register on April 10, 1997 and allowed

60-days for public comment. No public

comments were received. The purpose

of this notice is to allow an additional

30 days for public comment.

5 CFR 1320.5 (General requirements)

Reporting and Recordkeeping

Requirements: Finale Rule requires that

the agency inform the potential persons

who are to respond to the collection of

information that such persons are not

required to respond to the collection of

information unless it displays a

currently valid OMB control number.

This information is required to be stated

in the 30-day Federal Register Notice.

Proposed Collection

Title: The Atherosclerosis Risk in

Communities (ARIC) Study. Type of

Information Collection Request:

Revision of a currently approved

collection (OMB No. 0925–0281). Need

and Use of Information Collection: This

project involves a physical examination

and a survey of an additional sample of

45–64 year old persons living in the

same communities as the original ARIC

Study participant. Information from this

sample and from the original cohort

collected 10 years earlier will be used to

assess temporal trends in selected

atherosclerosis risk factor domains.

Frequency of Response: The recruited

individuals will participate in a home

interview and an in-clinic examination.

Affected Public: Individuals or

households. Type of Respondents:

Adults 45–64 years old. The annual

reporting burden is an follows:

Estimated Number of Respondents:

8356; Estimated Number of Responses

per Respondent: 4.071; Average Burden

Hours per Response: 0.5211; and

Estimated Total Annual Burden Hours

Requested: 17,726. The cost to the

respondents consists of their time; time