Federal Register / Vol. 62, No. 30 / Thursday, February 13, 1997 / Notices 6785

following proposed and/or continuing

information collections, as required by

the Paperwork Reduction Act of 1995,

Public Law 104–13. An agency may not

conduct or sponsor a collection of

information unless it displays a

currently valid control number. No

person shall be subject to any penalty

for failing to comply with a collection

of information subject to the Paperwork

Reduction Act (PRA) that does not

display a valid control number.

Comments are requested concerning: (a)

whether the proposed collection of

information is necessary for the proper

performance of the functions of the

Commission, including whether the

information shall have practical utility;

(b) the accuracy of the Commission’s

burden estimates; (c) ways to enhance

the quality, utility, and clarity of the

information collected; and (d) ways to

minimize the burden of the collection of

information on the respondents,

including the use of automated

collection techniques or other forms of

information technology.

DATES: Written comments should be

submitted on or before March 17, 1997.

If you anticipate that you will be

submitting comments, but find it

difficult to do so within the period of

time allowed by this notice, you should

advise the contact listed below as soon

as possible.

ADDRESSES: Direct all comments to

Dorothy Conway, Federal

Communications Commission, Room

234, 1919 M St., N.W., Washington, DC

20554 or via internet to

dconway@fcc.gov and Timothy Fain,

OMB Desk Officer, 10236 NEOB, 725

17th Street, N.W., Washington, DC

20503 or fainlt@a1.eop.gov.

FOR FURTHER INFORMATION CONTACT: For

additional information or copies of the

information collections contact Dorothy

Conway at 202–418–0217 or via internet

at dconway@fcc.gov.

SUPPLEMENTARY INFORMATION:

OMB Approval No.: 3060–0397.

Title: Special Temporary Authority,

Section 15.7(a).

Form No.: N/A.

Type of Review: Reinstatement

without change of a previously

approved collection.

Respondents: Businesses or others for

profit.

Number of Respondents: 2.

Estimate Hour Per Response: 6 hours

per response.

Total Annual Burden: 12 hours.

Needs and Uses: In exceptional

situations, the Commission will

consider an individual application for a

special temporary authorization to

operate a device not conforming with

Part 15 of the Rules. Consideration will

be given to an applicant who can

demonstrate that the proposed operation

would be in the public interest, that it

is for a unique type of station or for a

type of operation which is incapable of

being established as a regular service,

and that the proposed operation cannot

feasibly be conducted under the Part 15

rules.

Federal Communications Commission.

William F. Caton,

Acting Secretary.

[FR Doc. 97–3526 Filed 2–12–97; 8:45 am]

BILLING CODE 6712–01–P

FEDERAL MARITIME COMMISSION

Security for the Protection of the

Public Indemnification of Passengers

for Nonperformance of Transportation;

Notice of Issuance of Certificate

(Performance)

Notice is hereby given that the

following have been issued a Certificate

of Financial Responsibility for

Indemnification of Passengers for

Nonperformance of Transportation

pursuant to the provisions of Section 3,

Public Law 89–777 (46 U.S.C. 817(e))

and the Federal Maritime Commission’s

implementing regulations at 46 CFR Part

540, as amended:

Carnival Corporation, 3655 NW. 87th

Avenue, Miami, Florida 33178–2193

Vessels: Elation and Paradise

Disney Cruise Vacations, Inc. and

Magical Cruise Company, Limited,

210 Celebration Place, Celebration,

Florida 34747

Vessels: Disney Magic and Disney

Wonder

Dated: February 10, 1997.

Joseph C. Polking,

Secretary.

[FR Doc. 97–3581 Filed 2–12–97; 8:45 am]

BILLING CODE 6730–01–M

Security for the Protection of the

Public Indemnification of Passengers

for Nonperformance of Transportation;

Notice of Filing an Application for

Certificate (Performance)

Notice is hereby given that the

following have filed an application for

a Certificate of Financial Responsibility

for Indemnification of Passengers for

Nonperformance of Transportation

pursuant to the provisions of Section 3,

Public Law 89–777 (46 U.S.C. § 817(e))

and the Federal Maritime Commission’s

implementing regulations at 46 C.F.R.

Part 540, as amended:

RiverBarge Excursion Lines, Inc., 201

Opelousas Avenue, New Orleans,

Louisiana 70114

Vessel: River Explorer

Saga International Holidays, Ltd. and Saga

Holidays Limited, The Saga Building,

Middleburg Square, Folkestone CT20 1AZ,

England

Vessel: Saga Rose

Dated: February 10, 1997.

Joseph C. Polking,

Secretary.

[FR Doc. 97–3580 Filed 2–12–97; 8:45 am]

BILLING CODE 6730–01–M

Security for the Protection of the

Public Financial Responsibility To

Meet Liability Incurred for Death or

Injury to Passengers or Other Persons

on Voyages; Notice of Issuance of

Certificate (Casualty)

Notice is hereby given that the

following have been issued a Certificate

of Financial Responsibility to meet

Liability Incurred for Death or Injury to

Passengers or Other Persons on Voyages

pursuant to the provisions of Section 2,

Public Law 89–777 (46 U.S.C. 817(d))

and the Federal Maritime Commission’s

implementing regulations at 46 CFR Part

540, as amended:

Showa Line Ltd., Showa Cruise

Management Ltd., Magpie Shipping

S.A. and Oceanic Cruise Ltd., 2–3

Ochisaiwaicho 2 Chome Chiyoda-ku,

Tokyo 100, Japan

Vessel: Oceanic Grace

Dated: February 10, 1997.

Joseph C. Polking,

Secretary.

[FR Doc. 97–3582 Filed 2–12–97; 8:45 am]

BILLING CODE 6730–01–M

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
6786 Federal Register / Vol. 62, No. 30 / Thursday, February 13, 1997 / Notices

1 Copies of the Minutes of the Federal Open

Market Committee meeting of December 17, 1996,

which include the domestic policy directive issued

at that meeting, are available upon request to the

Board of Governors of the Federal Reserve System,

Washington, D.C. 20551. The minutes are published

in the Federal Reserve Bulletin and in the Board’s

annual report.

indicated. Once the application 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 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 March 10,

1997.

A. Federal Reserve Bank of St. Louis

(Randall C. Sumner, Vice President) 411

Locust Street, St. Louis, Missouri 63102-

2034:

1. Bolivar Bancshares, Inc., Bolivar,

Missouri; to become a bank holding

company by acquiring 100 percent of

the voting shares of Bank of Bolivar,

Bolivar, Missouri (in organization).

B. Federal Reserve Bank of Kansas

City (John E. Yorke, Senior Vice

President) 925 Grand Avenue, Kansas

City, Missouri 64198-0001:

1. BancFirst Corporation, Oklahoma

City, Oklahoma; to acquire 40 percent of

the voting shares of First Ada

Bancshares, Inc., Ada, Oklahoma, and

thereby indirectly acquire First National

Bank of Ada, Ada, Oklahoma.

Ccomments regarding this application

must be received no later than February

28, 1997.

2. Mid-America Bankshares, Inc.,

Baldwin City, Kansas; to become a bank

holding company by acquiring 100

percent of the voting shares of State

Bank of Esbon, Esbon, Kansas.

Board of Governors of the Federal Reserve

System, February 7, 1997.

Jennifer J. Johnson,

Deputy Secretary of the Board.

[FR Doc. 97–3544 Filed 2–12–97; 8:45 am]

BILLING CODE 6210–01–F

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. Once the application 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 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 March 10,

1997.

A. Federal Reserve Bank of St. Louis

(Randall C. Sumner, Vice President) 411

Locust Street, St. Louis, Missouri 63102-

2034:

1. Southeast Arkansas Bank

Corporation, Lake Village, Arkansas; to

acquire 95.2 percent of the voting shares

of Jefferson County Bank of Fayette,

Fayette, Mississippi.

Board of Governors of the Federal Reserve

System, February 10, 1997.

Jennifer J. Johnson,

Deputy Secretary of the Board.

[FR Doc. 97–3620 Filed 2-12-97; 8:45 am]

BILLING CODE 6210-01-F

Federal Open Market Committee;

Domestic Policy Directive of December

17, 1996.

In accordance with § 271.5 of its rules

regarding availability of information (12

CFR part 271), there is set forth below

the domestic policy directive issued by

the Federal Open Market Committee at

its meeting held on December 17, 1996.1

The directive was issued to the Federal

Reserve Bank of New York as follows:

The information reviewed at this

meeting suggests that economic activity

has continued to expand at a moderate

pace. Private nonfarm payroll

employment increased appreciably

further in November, although the

civilian unemployment rate edged up to

5.4 percent. Industrial production rose

sharply in November, in part because of

a rebound in motor vehicle assemblies

that had been depressed earlier by work

stoppages. Consumer spending has

posted appreciable gains over recent

months after a summer lull. Housing

starts rebounded in November after

declining in September and October.

Business fixed investment appears to be

growing moderately after a sharp rise in

the third quarter. The nominal deficit on

U.S. trade in goods and services

widened substantially in the third

quarter from its rate in the second

quarter. Increases in labor compensation

have trended up this year, and

consumer price inflation also has picked

up owing to larger increases in food and

energy prices.

Short-term market interest rates have

registered mixed changes since the

Committee meeting on November 13,

1996, while long-term yields have risen

slightly. In foreign exchange markets,

the trade-weighted value of the dollar in

terms of the other G-10 currencies has

risen slightly over the intermeeting

period.

Growth of M2 picked up in

November, while expansion of M3

moderated somewhat from its brisk pace

in October. For the year through

November, M2 is estimated to have

grown at a rate in the upper half of the

Committee’s annual range, and M3 at a

rate a little above the top of its range.

Total domestic nonfinancial debt has

expanded moderately on balance over

recent months and has remained in the

middle portion of its range.

The Federal Open Market Committee

seeks monetary and financial conditions