Federal Register / Vol. 63, No. 76 /Tuesday, April 21, 1998 / Notices 19761

1The requested order would supersede a prior

order. Shearson Lehman Brothers Capital Partners85 and SLB Investment Inc., Investment Company

Act Release Nos. 14663 (Aug. 7, 1985) (notice) and

14702 (Sept. 4, 1985) (order).

OFFICE OF MANAGEMENT AND

BUDGET

Audit Legal Letter Guidance

AGENCY: Office of Management and

Budget.

ACTION: Notice of document availability.

SUMMARY: This Notice indicates the

availability of the first Financial

Accounting and Auditing Technical

Release, ‘‘Audit Legal Letter Guidance.’’

The technical release was prepared by

the Accounting and Auditing Policy

Committee of the Federal Accounting

Standards Advisory Board (FASAB) and

cleared by the FASAB on March 1,

1998. This Notice is available on OMB’s

home page at http://

www.whitehouse.gov/WH/EOP/omb,

under the caption ‘‘Federal Register

Submissions.’’

ADDRESSES: Copies of Technical Release

No. 1 may be obtained for $1.00 each

from the Superintendent of Documents,

Government Printing Office,

Washington, DC 20402–9325 (telephone

202–512–1800), Stock No. 041–001–

00503–0.

FOR FURTHER INFORMATION CONTACT:

James Short (telephone: 202–395–3124),

Office of Federal Financial

Management, Office of Management and

Budget, 725 17th Street, N.W., Room

6025, Washington, DC 20503.

G. Edward DeSeve,

Controller.

[FR Doc. 98–10427 Filed 4–20–98; 8:45 am]

BILLING CODE 3110–01–P

SECURITIES AND EXCHANGE

COMMISSION

[File No. 1–7159]

Issuer Delisting; Notice of Application

To Withdraw From Listing and

Registration; (Florida Rock Industries,

Inc., Common Stock, $.10 Par Value)

April 14, 1998.

Florida Rock Industries, Inc.

(‘‘Company’’) has filed an application

with the Securities and Exchange

Commission (‘‘Commission’’), pursuant

to Section 12(d) of the Securities

Exchange Act of 1934 (‘‘Act’’) and Rule

12d2–2(d) promulgated thereunder, to

withdraw the above specified security

(‘‘Security’’) from listing and

registration on the American Stock

Exchange, Inc. (‘‘Amex’’ or

‘‘Exchange’’).

The reasons cited in the application

for withdrawing the Security from

listing and registration include the

following:

The Security has been listed for

trading on the Exchange and, pursuant

to a Registration Statement on Form 8–

A which became effective on February

17, 1998, the New York Stock Exchange,

Inc. (‘‘NYSE’’). Trading in the Security

on the NYSE commenced on March 3,

1998, and concurrently therewith the

Security was suspended from trading on

the Amex.

The Company has complied with Rule

18 of the Amex by filing with the Amex

a certified copy of the resolutions

adopted by the Company’s Board of

Directors authorizing the withdrawal of

its Security from listing on the Amex

and by setting forth in detail to such

Exchange the reasons for and facts

supporting such proposed withdrawal.

The Exchange has informed the

Company that it has no objection to the

withdrawal of the Company’s Security

from listing on the Amex.

Any interested person may, on or

before May 5, 1998, submit by letter to

the Secretary of the Securities and

Exchange Commission, 450 Fifth Street,

N.W., Washington, D.C. 20549, facts

bearing upon whether the application

has been made in accordance with the

rules of the Exchange and what terms,

if any, should be imposed by the

Commission for the protection of

investors. The Commission, based on

the information submitted to it, will

issue an order granting the application

after the date mentioned above, unless

the Commission determines to order a

hearing on the matter.

For the Commission, by the Division of

Market Regulation, pursuant to delegated

authority.

Jonathan G. Katz,

Secretary.

[FR Doc. 98–10424 Filed 4–20–98; 8:45 am]

BILLING CODE 8010–01–M

SECURITIES AND EXCHANGE

COMMISSION

[Rel. No. IC–23113; 813–178]

Lehman Brothers Capital Partners I, et

al.; Notice of Application

April 14, 1998.

AGENCY: Securities and Exchange

Commission (‘‘SEC’’).

ACTION: Notice of application for an

order under sections 6(b) and 6(e) of the

Investment Company Act of 1940 (the

‘‘Act’’) granting an exemption from all

provisions of the Act, except section 9,

certain provisions of sections 17 and 30,

sections 36 through 53, and the rules

and regulations under those sections.

SUMMARY OF APPLICATION: Applicants

request an order to exempt certain

investment funds formed for the benefit

of key employees of Lehman Brothers

Holdings Inc. (‘‘Lehman’’) and its

affiliates from certain provisions of the

Act, and to permit the funds to engage

in certain joint arrangements. Each fund

will be an ‘‘employees’ securities

company’’ as defined in section 2(a)(13)

of the Act.1

APPLICANTS: Lehman Brothers Capital

Partners I (‘‘Capital Partners I’’ or the

‘‘Initial Partnership’’), Lehman Brothers

Capital Partners II, L.P. (‘‘Capital

Partners II’’), Lehman Brothers Capital

Partners III, L.P. (‘‘Capital Partners III’’),

LB I Group Inc., and Lehman.

FILING DATES: The application was filed

on August 25, 1997 and amended on

January 21, 1998. Applicants have

agreed to file an additional amendment,

the substance of which is incorporated

in this notice, during the notice period.

HEARING OR NOTIFICATION OF HEARING: An

order granting the application will be

issued unless the SEC orders a hearing.

Interested persons may request a

hearing by writing to the SEC’s

Secretary and serving applicants with a

copy of the request, personally or by

mail. Hearing requests should be

received by the SEC by 5:30 p.m. on

May 8, 1998, and should be

accompanied by proof of service on the

applicants, in the form of an affidavit or,

for lawyers, a certificate of service.

Hearing requests should state the nature

of the writer’s interest, the reason for the

request, and the issues contested.

Persons may request notification of a

hearing by writing to the SEC’s

Secretary.

ADDRESSES: Secretary, SEC, 450 Fifth

Street, N.W., Washington, D.C. 20549.

Applicants, 3 World Financial Center,

200 Vesey Street, New York, NY 10285.

FOR FURTHER INFORMATION CONTACT:

Mary T. Geffroy, Senior Counsel, at

(202) 942–0553, or Christine Y.

Greenless, Branch Chief, at (202) 942–

0564 (Division of Investment

Management, Office of Investment

Company Regulation).

SUPPLEMENTARY INFORMATION: The

following is a summary of the

application. The complete application

may be obtained for a fee from the SEC’s

Public Reference Branch, 450 Fifth

Street, N.W., Washington, D.C. 20549

(tel. (202) 942–8090).

Applicants’ Representations

1. Lehman and its affiliates, as

defined in rule 12b–2 under the