36002 Federal Register / Vol. 63, No. 126 /Wednesday, July 1, 1998 / Notices

1The Company’s former name was ‘‘First Empire

State Corporation,’’ and the name change to ‘‘M&T

Bank Corporation’’ became effective on May 29,

1998. The Company filed the Form 8–A, effective

on May 27, 1998, and mentioned below, under the

Company’s old name.

Facility Operating License Nos. DPR–

32 and DPR–37: Amendments change

the Technical Specifications.

Date of initial notice in Federal

Register: May 6, 1998 (63 FR 25119) The

Commission’s related evaluation of the

amendments is contained in a Safety

Evaluation dated June 19, 1998.

No significant hazards consideration

comments received: No.

Local Public Document Room

location: Swem Library, College of

William and Mary, Williamsburg,

Virginia 23185.

Wisconsin Public Service Corporation,

Docket No. 50–305, Kewaunee Nuclear

Power Plant, Kewaunee County,

Wisconsin

Date of application for amendment:

October 13, 1997, supplemented on

February 10, 1998.

Brief description of amendment: The

amendment involves miscellaneous

changes to the TS to (1) relocate

information to the Updated Safety

Analysis Report (USAR), (2) delete

redundant information, (3) incorporate

new references, (4) delete incorrect

references, (5) correct errors, and (6)

augment existing requirements.

Date of issuance: June 9, 1998.

Effective date: June 9, 1998.

Amendment No.: 137.

Facility Operating License No. DPR–

43: Amendment revised the Technical

Specifications.

Date of initial notice in Federal

Register: April 8, 1998 (63 FR 11926).

The Commission’s related evaluation

of the amendment is contained in a

Safety Evaluation dated June 9, 1998.

No significant hazards consideration

comments received: No.

Local Public Document Room

location: University of Wisconsin,

Cofrin Library, 2420 Nicolet Drive,

Green Bay, WI 54311–7001

Yankee Atomic Electric Company,

Docket No. 50–29, Yankee Nuclear

Power Station, Franklin County,

Massachusetts

Date of application for amendment:

September 5, 1997 and March 30, 1998.

Brief description of amendment:

Revises Technical Specifications and

bases in order to allow loads of up to 80-

tons to travel over the spent fuel pool.

Date of issuance: June 17, 1998.

Effective date: June 17, 1998.

Amendment No.: 149.

Facility Opertating (Possession Only)

License No. DPR–3: Amendment revised

the Technical Specifications.

Date of initial notice in Federal

Register: October 22, 1997 (62 FR

54879) The Commission’s related

evaluation of the amendment is

contained in a Safety Evaluation dated

June 17, 1998.

No significant hazards consideration

comments received: No.

Local Public Document Room

location: Greenfield Community

College, 1 College Drive, Greenfield,

Massachusetts 01301

Dated at Rockville, Maryland, this 24th day

of June 1998.

For The Nuclear Regulatory Commission.

Elinor G. Adensam,

Acting Director, Division of Reactor Projects—

III/IV Office of Nuclear Reactor Regulation.

[FR Doc. 98–17352 Filed 6–30–98; 8:45 am]

BILLING CODE 7590–01–P

SECURITIES AND EXCHANGE

COMMISSION

Issuer Delisting; Notice of Application

to Withdraw From Listing and

Registration; (GST

Telecommunications, Inc., Common

Shares, Without Par Value) File No. 1–

12866

June 24, 1998.

GST Telecommunications, Inc.

(‘‘Company’’) has filed an application

with the Securities and Exchange

Commission (‘‘Commssion’’), 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 Board of Directors of the

Company, at a meeting held on March

4 and 5, 1998, unanimously approved

resolutions to withdraw the Security

from listing on the Amex and, instead,

to list such Security on the Nasdaq

National Market (‘‘Nasdaq’’). The Board

of Directors, after lengthy deliberation,

determined that, since all other

telecommunications companies in the

Company’s industry segment have their

shares listed for trading on Nasdaq, it

would be in the best interest of the

Company and its shareholders to have

the Security listed on Nasdaq rather

than the Amex.

The Company has complied with

Amex Rule 18 by notifying the Amex of

its intention to withdraw its Security

from listing by letter dated March 27,

1998. The Amex replied by letter dated

April 7, 1998, advising it would not

interpose any objection to such

withdrawal. The Amex suspended

trading of the Security at the close of

business on Monday, April 13, 1998,

and the Security commenced trading on

Nasdaq on Tuesday, April 14, 1998. The

Company has filed an amended

registration statement on Form 8–A to

register the Security under Section 12(g)

of the Act.

By reason of Section 12(g) of the Act

and the rules and regulations

thereunder, the Company shall continue

to be obligated to file reports with the

Commission under Section 13 of the

Act.

Any interested person may, on or

before July 16, 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. 98–17436 Filed 6–30–98; 8:45 am]

BILLING CODE 8010–01–M

SECURITIES AND EXCHANGE

COMMISSION

Issuer Delisting; Notice of Application

to Withdraw From Listing and

Registration; (M&T Bank Corporation

(Formerly First Empire State

Corporation), Common Stock, $5.00

Par Value) File No. 1–9861

June 24, 1998.

M&T Bank Corporation 1

(‘‘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’’).
Federal Register / Vol. 63, No. 126 /Wednesday, July 1, 1998 / Notices 36003

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 Amex and, pursuant to a

Registration Statement of Form 8–A

which became effective on May 27,

1998, on the New York Stock Exchange,

Inc. (‘‘NYSE’’). Trading in the

Company’s Security under the name

‘‘M&T Bank Corporation’’ commenced

on the NYSE at the opening of business

on June 1, 1998, and concurrently

therewith such Security was suspended

from trading on the Amex.

The Company complied with Amex

Rule 18 by filing with the Exchange a

certified copy of resolutions adopted by

the Company’s Board of Directors

authorizing the withdrawal of the

Security from listing and registration on

the Amex and by setting forth in detail

to the Exchange the reasons and facts

supporting the withdrawal.

In deciding to withdraw its Security

from listing and registration on the

Amex, the Company considered the

direct and indirect costs and the

division of the market resulting from a

dual listing on the NYSE and the Amex.

By letter dated May 22, 1998, the

Amex informed the Company that it has

no objection to the withdrawal of the

Company’s Security from listing and

registration on the Amex.

By reason of Section 12(b) of the Act

and the rules and regulations

thereunder, the Company shall continue

to be obligated to file reports with the

Commission and the NYSE under

Section 13 of the Act.

Any interested person may, on or

before July 16, 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. 98–17434 Filed 6–30–98; 8:45 am]

BILLING CODE 8010–01–M

SECURITIES AND EXCHANGE

COMMISSION

Issuer Delisting; Notice of Application

To Withdraw From Listing and

Registration; (Oak Industries Inc.,

Common Stock, $.01 Par Value,

Together With Junior Preferred Stock

Purchase Rights Expiring December 7,

2005) File No. 1–4474

June 24, 1998.

Oak 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 Securities

(‘‘Securities’’) from listing and

registration on the Pacific Exchange,

Inc. (‘‘PCX’’ or ‘‘Exchange’’).

The reasons cited in the application

for withdrawing the Securities from

listing and registration include the

following:

The Securities currently are listed for

trading on both the PCX and New York

Stock Exchange, Inc. (‘‘NYSE’’).

The Company complied with PCX

Rule 3.4(b) by filing with the Exchange

a certified copy of resolutions adopted

by the Company’s Board of Directors

authorizing the withdrawal of the

Securities from listing and registration

on the PCX and by setting forth in detail

to the Exchange the reasons and facts

supporting the withdrawal.

In deciding to withdraw its Securities

from listing and registration on the PCX,

the Company considered the

administrative burden of complying

with the listing requirements and rules

of governance of both the PCX and the

NYSE and the direct and indirect costs

and expenses attendant in maintaining

the dual listing of the Securities.

By letter dated June 3, 1998, the PCX

informed the Company that it had

approved the Company’s request to

withdraw the Securities from listing and

registration on the PCX.

By reason of Section 12(b) of the Act

and the rules and regulations

thereunder, the Company shall continue

to be obligated to file reports with the

Commission and the NYSE under

Section 13 of the Act.

Any interested person may, on or

before July 16, 1998, submit by letter to

the Secretary of the Securities and

Exchange Commission, 450 Fifth Street,

NW., Washington, DC 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. 98–17433 Filed 6–30–98; 8:45 am]

BILLING CODE 8010–01–M

SECURITIES AND EXCHANGE

COMMISSION

[Rel. No. IC–23284; 812–10620]

PaineWebber America Fund et al.;

Notice of Application

June 24, 1998.

AGENCY: Securities and Exchange

Commission (‘‘Commission’’ or ‘‘SEC’’).

ACTION: Notice of application for an

order under sections 6(c) and 17(b) of

the Investment Company Act of 1940

(the ‘‘Act’’) for an exemption from

sections 17(a) and (e) of the Act, and

under section 17(d) of the Act and rule

17d–1 under the Act to permit certain

joint transactions.

SUMMARY OF APPLICATION: Applicants

request an order to permit certain

registered investment companies to use

cash collateral from securities lending

transactions and uninvested cash to

purchase shares (‘‘Shares’’) of a private

investment company (‘‘New Fund’’)

advised by Mitchell Hutchins Asset

Management Inc. (‘‘Mitchell Hutchins’’);

PaineWebber Incorporated

(‘‘PaineWebber’’) and Mitchell Hutchins

to accept fees from certain other

registered investment companies that

are affiliated persons solely because

they hold 5% or more of the Shares of

the New Fund (the ‘‘Other Funds’’); and

PaineWebber and certain affiliated

broker-dealers to borrow portfolio

securities from certain affiliated

registered investment companies and to

receive brokerage commissions from,

and to engage in principal securities

transactions with, the Other Funds.

APPLICANTS: PaineWebber; Mitchell

Hutchins; PaineWebber America Fund,

PaineWebber Cashfund, Inc.,

PaineWebber Investment Series,

PaineWebber Managed Assets Trust,

PaineWebber Managed Investments

Trust, PaineWebber Managed Municipal

Trust, PaineWebber Master Series, Inc.,

PaineWebber Municipal Series,

PaineWebber Mutual Fund Trust,

PaineWebber Olympus Fund,