27086 Federal Register / Vol. 63, No. 94 / Friday, May 15, 1998 / Notices

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 June 11, 1998.

A. Federal Reserve Bank of Boston

(Richard Walker, Community Affairs

Officer) 600 Atlantic Avenue, Boston,

Massachusetts 02106-2204:

1. Salisbury Bancorp, Inc., Lakeville,

Connecticut; to become a bank holding

company by acquiring 100 percent of

the voting shares of Salisbury Bank and

Trust Company, Lakeville, Connecticut.

B. Federal Reserve Bank of New York

(Betsy Buttrill White, Senior Vice

President) 33 Liberty Street, New York,

New York 10045-0001:

1. Travelers Group Inc., New York,

New York (Travelers), to become a bank

holding company by acquiring Citicorp,

New York, New York, and thereby

indirectly acquiring Citibank, N.A., New

York, New York; Universal Bank, N.A.,

Columbus, Georgia; Citibank (New York

State), Perinton, New York; Citicorp

Holdings, Inc., New Castle, Delaware;

Citibank Delaware, New Castle,

Delaware; Citibank (Nevada), N.A., Las

Vegas, Nevada; and Citibank (South

Dakota), N.A., Sioux Falls, South

Dakota. Upon consummation of the

proposed transaction, Travelers would

be renamed Citigroup Inc.. Travelers

also may form one or more intermediate

bank holding companies.

In connection with the proposed

transaction, Travelers also has provided

notice to acquire all of the nonbank

subsidiaries of Citicorp and to engage,

directly or indirectly through the

nonbank subsidiaries of Travelers and

Citicorp, in a variety of nonbanking

activities that have been previously

determined to be permissible for bank

holding companies. These nonbanking

activities and companies are described

in the notice filed with the Board. They

include the following: operating savings

associations through Citibank, Federal

Savings Bank, San Francisco, California,

and Travelers Bank & Trust, F.S.B.,

Newark, Delaware, pursuant to §

225.28(b)(4)(iii) of Regulation Y;

operating industrial loan companies

through Universal Financial Corp., Salt

Lake City, Utah, and Commercial Credit

Corporation (Hawaii), Honolulu,

Hawaii, pursuant to § 225.28(b)(4)(i) of

Regulation Y; and engaging in lending

activities through The Travelers Bank

USA, Newark, Delaware, pursuant to §

225.28(b)(1) of Regulation Y. In

addition, Travelers proposes to engage,

directly or indirectly through any of its

nonbank subsidiaries, in each of the

other activities authorized for bank

holding companies under 12 CFR

225.28(b), other than certain very

limited exceptions, and in all activities

that Citicorp currently is authorized by

Board Order to conduct. Travelers also

proposes to engage through Citicorp

Securities, Inc., New York, New York,

Salomon Brothers Inc., New York, New

York, Smith Barney Inc., New York,

New York, and The RobinsonHumphrey Company LLC, Atlanta,

Georgia, in a limited amount of

underwriting and dealing in all types of

debt and equity securities (other than

ownership interests in open-end

investment companies), in accordance

with previous Board decisions. In

addition, Travelers proposes to engage,

directly or indirectly through its

subsidiaries, in certain other activities

that the Board previously has approved

by Order, including providing

administrative services to open-end and

closed-end investment companies,

acting as a commodity pool operator,

providing real estate title abstracting

services, providing credit card

authorization and lost or stolen credit

card reporting services, transmitting

money for U.S. customers to third

parties located in foreign countries,

issuing and selling drafts and wire

transfers payable in foreign currencies,

and cashing U.S. dollar payroll checks

drawn on unaffiliated banks.

Travelers currently engages in and

controls companies that engage in

activities, or hold investments, that are

not authorized for bank holding

companies under section 4 of the BHC

Act. These activities include certain

insurance underwriting activities,

insurance agency activities,

commodities activities, investment

activities, and other activities more fully

described in the notice. Travelers

proposes to conform each of these

activities and investments to the

requirements of the BHC Act, including

by divestiture or by termination of such

activities, within two years of becoming

a bank holding company, or such longer

period as the Board may grant, in

accordance with the limitations and

requirements of section 4(a)(2) of the

BHC Act. Prior to consummation of the

proposed transaction, Travelers

proposes to cease sponsoring,

organizing, or distributing shares of any

open-end investment company.

Comments regarding this application

must be received not later than June 16,

1998.

C. Federal Reserve Bank of St. Louis

(Randall C. Sumner, Vice President) 411

Locust Street, St. Louis, Missouri 63102-

2034:

1. Great Southern Bancorp, Inc.,

Springfield, Missouri; to become a bank

holding company by acquiring 100

percent of the voting shares of Great

Southern Bank, Springfield, Missouri.

Great Southern Bank currently operates

as Great Southern Bank, F.S.B.

In connection with this application,

Applicant also has applied to acquire

Great Southern Capital Management,

Inc., Springfield, Missouri, and thereby

engage in the activity of providing

discount securities brokerage services

and related investment advisory

services, pursuant to § 225.28(b)(7)(i) of

the Board’s Regulation Y.

D. Federal Reserve Bank of

Minneapolis (Karen L. Grandstrand,

Vice President) 90 Hennepin Avenue,

P.O. Box 291, Minneapolis, Minnesota

55480-0291:

1. First National Bank at St. James

ESOP, St. James, Minnesota; to acquire

an additional 1.64 percent, for a total of

24.23 percent, of the voting shares of

First National Agency at St. James, St.

James, Minnesota, and thereby

indirectly acquire First National Bank at

St. James, St. James, Minnesota.

2. Freedom Bancshares, Inc., La

Crosse, Wisconsin; to become a bank

holding company by acquiring at least

80 percent of the voting shares of Park

Bank, Holmen, Wisconsin.

Board of Governors of the Federal Reserve

System, May 12, 1998.

Jennifer J. Johnson,

Deputy Secretary of the Board.

[FR Doc. 98–13033 Filed 5–14–98; 8:45 am]

BILLING CODE 6210–01–F

FEDERAL RESERVE SYSTEM

Formations of, Acquisitions by, and

Mergers of Bank Holding Companies;

Correction

This notice corrects a notice (FR Doc.

98-10993) published on page 20410 of

the issue for Friday, April 24, 1998.

Under the Federal Reserve Bank of

New York heading, the entry for K&Z

Company LLC, Brooklyn, New York, is

revised to read as follows:

A. Federal Reserve Bank of New

York (Betsy Buttrill White, Senior Vice
Federal Register / Vol. 63, No. 94 / Friday, May 15, 1998 / Notices 27087

President) 33 Liberty Street, New York,

New York 10045-0001:

1. The K&Z Company LLC, Brooklyn,

New York; to become a bank holding

company by acquiring at least 51

percent, but no more than 75 percent, of

the voting shares of The Upstate

National Bank, Rochester, New York

(formerly known as The First National

Bank of Lisbon, Rochester, New York).

Comments on this application must

be received by May 21, 1998.

Board of Governors of the Federal Reserve

System, May 12, 1998.

Jennifer J. Johnson,

Deputy Secretary of the Board.

[FR Doc. 98–13034 Filed 5–14–98; 8:45 am]

BILLING CODE 6210–01–F

GENERAL SERVICES

ADMINISTRATION

[OMB Control No. 3090–0118]

Clearance Request Entitled Standard

Form 94, Statement of Witness

AGENCY: Federal Vehicle Policy

Division, GSA.

ACTION: Notice of request for an

extension to an existing OMB clearance

(3090–0118).

SUMMARY: Under the provisions of the

Paperwork Reduction Act of 1995 (44

U.S.C. Chapter 35), the Office of

Acquisition Policy has submitted to the

Office of Management and Budget

(OMB) a request to review and approve

an extension of a previously approved

information collection requirement

concerning Standard Form 94,

Statement of Witness.

DATES: Comment Due Date: July 14,

1998.

ADDRESSES: Comments regarding this

burden estimate or any other aspect of

this collection of information, including

suggestions for reducing this burden,

should be submitted to: Edward

Springer, GSA Desk Officer, Room 3235,

NEOB, Washington, DC 20503, and to

Majorie Ashby, General Services

Administration (MVP), 1800 F Street

NW, Washington, DC 20405.

FOR FURTHER INFORMATION CONTACT:

Michael Moses, Federal Vehicle Policy

Division (202) 501–2507.

SUPPLEMENTARY INFORMATION:

A. Purpose

The GSA is requesting the Office of

Management and Budget (OMB) to

review and approve information

collection, 3090–0118, concerning

Standard Form 94, Statement of

Witness. This form is used by all

Federal agencies to report accident

information involving U.S. Government

vehicles.

B. Annual Reporting Burden

Respondents: 816; annual responses:

1; average hours per response: .20;

burden hours: 272.

Copy of Proposal: A copy of this

proposal may be obtained from the GSA

Acquistion Policy Division (MVP),

Room 4011, GSA Building, 1800 F

Street NW, Washington, DC 20405, or by

telephoning (202) 501–3822, or by

faxing your request to (202) 501–3341.

Dated: May 7, 1998.

Ida M. Ustad,

Deputy Associate Administrator, Office of

Acquisition Policy.

[FR Doc. 98–13020 Filed 5–14–98; 8:45 am]

BILLING CODE 6820–61–M

DEPARTMENT OF HEALTH AND

HUMAN SERVICES

Centers for Disease Control and

Prevention

[Program Announcement 98066]

A Model Hearing Conservation

Program for Coal Miners; Notice of

Availability of Funds

A. Purpose

The Centers for Disease Control and

Prevention (CDC) announces the

availability of fiscal year (FY) 1998

funds for a cooperative agreement

program for A Model Hearing

Conservation Program for Coal Miners.

This program addresses the ‘‘Healthy

People 2000’’ priority area of

Occupational Safety and Health.

The purpose of the program is to

demonstrate the effectiveness of a model

hearing conservation program (HCP) in

the prevention of occupational noiseinduced hearing loss among coal

miners.

When the Coal Mine Health and

Safety Act of 1969, the predecessor to

the present Federal Mine Health and

Safety Act, was enacted, it was already

recognized that the high noise levels

generated by mining machines posed a

serious threat to the health of miners. In

1976, NIOSH published the results of a

cross-sectional survey of hearing levels

which confirmed the severity of hearing

loss among coal miners. The study

found that over 70 percent of coal

miners had a hearing impairment by the

time they retired. In recognition of the

extensive hearing loss among miners,

regulations were adopted to limit the

overexposure of miners to harmful

noise, and a program of research to

develop engineering controls to reduce

the noise levels of mining equipment

was initiated. A recent analysis of a

large audiometric data base on coal

miners has revealed that the majority of

coal miners are still losing their hearing.

Over 90 percent of the miners who

retired around 1990 had experienced a

high frequency hearing loss. This

finding can only be explained by the

failure of the mining community to

pursue a systematic plan of intervention

over the last 20 years; such a plan

would also have included a mechanism

to continuously evaluate the impact of

the intervention activities.

The Mine Safety and Health

Administration is addressing this

situation through new rulemaking. The

proposed regulations would require that

operators use engineering and

administrative controls and provide

audiometric tests when a miner’s noise

exposure exceeds the Permissible

Exposure Limit. Although these new

regulations can have a positive impact,

the elimination of hearing loss as a

disease among coal miners can only be

realized through the collaborative efforts

of labor, management, and government

in adopting and supporting

comprehensive HCP’s.

This program is focused on designing

a model HCP for coal miners which

incorporates the best practices of wellrun programs in other industries,

implementing the program at a

cooperating underground coal mine,

and evaluating it over a 5-year period to

demonstrate its efficacy in preventing

hearing loss. An effective HCP should

include the following critical elements:

measurement of worker noise exposure

and noise sources, intervention

strategies to reduce noise exposures,

periodic audiometric evaluations,

educational and motivational programs,

record keeping, and monitoring to

assess effectiveness of program

elements. Project results, in

combination with other research, will

support the implementation of HCP’s by

providing workshops and

recommendations to the mining

industry and preparing publications and

recommendations to the scientific

community.

B. Eligible Applicants

Applications may be submitted by

public and private nonprofit and forprofit organizations and by governments

and their agencies; that is, universities,

colleges, research institutions, hospitals,

other public and private nonprofit and

for-profit organizations, State and local

governments or their bona fide agents,

and federally recognized Indian tribal