Federal Register / Vol. 62, No. 10 / Wednesday, January 15, 1997 / Notices 2159

service rates and associated equipment

when justifying rates based on cost of

service. The data are used by

Commission staff and LFAs to

determine whether cable rates for basic

service, cable programming service and

associated equipment are reasonable

under Commission regulations.

OMB Approval Number: 3060–0601.

Title: FCC Form 1200 Setting

Maximum Initial Permitted Rates for

Regulated Cable Services.

Type of Review: Extension of existing

collection.

Respondents: Business or other forprofit.

Number of Respondents: 150. (100

cable operators + 50 LFAs).

Estimated Time Per Response: 2–10

hours.

Total Annual Burden: 1,100 hours.

We estimate that 100 FCC Form 1200s

are filed annually, approximately 50%

with the Commission and 50% with

LFAs. The average burden to complete

FCC Form 1200 is estimated to be 10

hours. Cable operators will use in-house

staff to complete approximately 50% of

the filings. Cable operators will use

outside assistance to complete

approximately 50% of the filings,

undergoing a burden of 2 hours per

filing to coordinate information with the

outside assistance. 50 (50% of 100)

filings completed with in-house staff x

10 hours per filing = 500 hours. 50 (50%

of 100) filings coordinated with outside

assistance x 2 hours per filing = 100

hours. LFAs will review approximately

50 FCC Form 1200 filings per year at an

average burden of 10 hours per filing. 50

x 10 hours per filing = 500 hours.

Cost to Respondents: $75,500. Cable

operators will use outside assistance

paid at $150 per hour to complete

approximately 50 FCC Form 1200

filings. 50 filings x 10 hours per filing

x $150 per hour = $75,000. Diskettes,

postage and stationery costs are

estimated at an average of $5 per filing.

100 filings x $5 = $500.

Needs and Uses: The Cable Television

Consumer Protection and Competition

Act of 1992 required the Commission to

prescribe rules and regulations for

determining reasonable rates for basic

tier cable service and to establish

criteria for identifying unreasonable

rates for cable programming services

and associated equipment. FCC Form

1200 is used by cable operators to justify

the reasonableness of rates in effect on

or after May 15, 1994. Cable operators

submit this form to local franchising

authorities (‘‘LFAs’’) or the Commission

(in situations where the Commission

has assumed jurisdiction). It is also filed

with the Commission when responding

to a complaint filed with the

Commission about cable programming

service rates and associated equipment.

The data are used by Commission staff

and LFAs to evaluate cable rates the first

time they are reviewed on or after May

15, 1994 so that the maximum permitted

rates for regulated cable services can be

determined.

Federal Communications Commission.

William F. Caton,

Acting Secretary.

[FR Doc. 97–929 Filed 1–14–97; 8:45 am]

BILLING CODE 6712–01–F

FEDERAL MARITIME COMMISSION

Notice of Agreement(s) Filed

The Commission hereby gives notice

of the filing of the following

agreement(s) under the Shipping Act of

1984.

Interested parties can review or obtain

copies of agreements at the Washington,

DC offices of the Commission, 800

North Capitol Street, N.W., Room 962.

Interested parties may submit comments

on an agreement to the Secretary,

Federal Maritime Commission,

Washington, DC 20573, within 10 days

of the date this notice appears in the

Federal Register.

Agreement No.: 203–011560

Title: The TransAtlantic Bridge

Agreement

Parties:

The COSCO/KL TransAtlantic Vessel

Sharing Agreement (FMC

Agreement No. 232–011561)

The KL/YM TransAtlantic Vessel

Sharing Agreement (FMC

Agreement No. 232–011562)

Synopsis: The proposed Agreement

would permit the parties and their

individual signatories to consult and

agree on all matters within the scope

of the two vessel sharing agreements,

including, but not limited to:

coordination of sailings, reciprocal

space chartering, sub-chartering,

vessel particulars, efficient use of

equipment, terminals, stevedores,

ports and suppliers, documentation,

and systems in the trade between

United States Ports in the Eastport,

Maine/Brownsville, Texas, range, and

inland U.S. points via such ports, and

ports in North Europe in the

Hamburg/Gibraltar range, the United

Kingdom, and Scandinavia, and

inland points in Europe via those

ports.

Agreement No.: 232–011561

Title: The COSCO/KL TransAtlantic

Vessel Sharing Agreement

Parties:

China Ocean Shipping (Group)

Company (‘‘COSCO’’)

Kawasaki Kisen Kaisha, Ltd. (‘‘KL’’)

Synopsis: The proposed Agreement

would permit the parties to

coordinate their container liner vessel

operations and to charter space to one

another in the trade between United

States Ports in the Eastport, Maine/

Brownsville, Texas, range, and inland

U.S. points via such ports, and ports

in North Europe in the Hamburg/

Gibraltar range, the United Kingdom,

and Scandinavia, and inland points in

Europe via those ports. Subchartering

of space to Yangming Marine

Transport Corporation by KL of slots

aboard COSCO vessels is also

authorized.

Agreement No.: 232–011562

Title: The KL/YM TransAtlantic Vessel

Sharing Agreement

Parties:

Yangming Transportation Corporation

(‘‘YM’’)

Kawasaki Kisen Kaisha, Ltd. (‘‘KL’’)

Synopsis: The proposed Agreement

would permit the parties to

coordinate their container liner vessel

operations and to charter space to one

another in the trade between United

States Ports in the Eastport, Maine/

Brownsville, Texas, range, and inland

U.S. points via such ports, and ports

in North Europe in the Hamburg/

Gibraltar range, the United Kingdom,

and Scandinavia, and inland points in

Europe via those ports. Subchartering

of space to China Ocean Shipping

(Group) Company by KL of slots

aboard YM vessels is also authorized.

Agreement No.: 217–011563

Title: The NOL/HMM Space Charter

Agreement

Parties:

Neptume Orient Lines, Ltd.

Hyundai Merchant Marine Co., Ltd.

Synopsis: The subject agreement

authorizes Hyundai to charter vessel

space to NOL in the trade between all

ports in the Far East and South East

Asia, on the one hand, and all ports

on the U.S. Pacific Coast, including

Alaska, on the other, and all inland

and coastal points served via those

ports.

Agreement No.: 224–003038–004

Title : Supplemental Agreement

Between Port of Oakland and

American President Lines, Ltd.

Parties:

Port of Oakland

American President Lines, Ltd.

Synopsis: The subject modification

amends the wharfage charges for a

secondary user at the Port’s Middle

Harbor Terminal Area assigned to

APL and clarifies the definition of

primary and secondary users under

the terms of the agreement
2160 Federal Register / Vol. 62, No. 10 / Wednesday, January 15, 1997 / Notices

Dated: January 9, 1997.

By order of the Federal Maritime

Commission.

Joseph C. Polking,

Secretary.

[FR Doc. 97–920 Filed 1–14–97; 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

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). Any request for a

hearing 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, 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 10,

1997.

A. Federal Reserve Bank of Cleveland

(R. Chris Moore, Senior Vice President)

1455 East Sixth Street, Cleveland, Ohio

44101:

1. Park National Corporation,

Newark, Ohio; to merge with First Knox

Banc Corp., Mount Vernon, Ohio, and

thereby indirectly acquire The First

Knox National Bank of Mt. Vernon,

Mount Vernon, Ohio, and The Farmers

& Savings Bank, Loudonville, Ohio.

B. Federal Reserve Bank of

Richmond (Lloyd W. Bostian, Jr., Senior

Vice President) 701 East Byrd Street,

Richmond, Virginia 23261:

1. FCFT, Inc., Princeton, West

Virginia; to acquire 100 percent of the

voting shares of Blue Ridge Bank,

Sparta, North Carolina.

C. Federal Reserve Bank of San

Francisco (Kenneth R. Binning,

Director, Bank Holding Company) 101

Market Street, San Francisco, California

94105:

1. Zions Bancorporation, Salt Lake

City, Utah; merge with Aspen

Bancshares, Inc., Aspen, Colorado, and

thereby indirectly acquire Pitkin County

Bank and Trust Company, Aspen,

Colorado, and Valley National Bank of

Cortez, Cortez, Colorado. Applicant has

also applied to acquire 19.9 percent of

the voting shares of Aspen.

In connection with this application,

Applicant has also applied to acquire

Centennial Savings Bank, F.S.B.,

Durango, Colorado, and thereby engage

in operating a savings association,

pursuant to § 225.25(b)(9) of the Board’s

Regulation Y.

Board of Governors of the Federal Reserve

System, January 9, 1997.

Jennifer J. Johnson,

Deputy Secretary of the Board.

[FR Doc. 97–991 Filed 1–14–97; 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 January 30, 1997.

A. Federal Reserve Bank of New

York (Christopher J. McCurdy, Senior

Vice President) 33 Liberty Street, New

York, New York 10045:

1. Deutsche Bank AG, Frankfurt

(Main), Federal Republic of Germany; to

engage de novo through its subsidiary,

German American Capital, Corp., New

York, New York, and thereby indirectly

acquire TransAtlantic Capital Company,

L.L.C., New York, New York, in

commercial real estate mortgage loan

origination activities, pursuant to §§

225.25(b)(1)(ii) and (b)(1)(iv) of the

Board’s Regulation Y.

Board of Governors of the Federal Reserve

System, January 9, 1997.

Jennifer J. Johnson,

Deputy Secretary of the Board.

[FR Doc. 97–990 Filed 1–14–97; 8:45 am]

BILLING CODE 6210–01–F