Federal Register / Vol. 63, No. 141 /Thursday, July 23, 1998 / Notices 39571

application must be received not later

than August 21, 1998.

B. Federal Reserve Bank of San

Francisco (Maria Villanueva, Manager

of Analytical Support, Consumer

Regulation Group) 101 Market Street,

San Francisco, California 94105-1579:

1. Zions Bancorporation, Salt Lake

City, Utah; to merge with The

Commerce Bancorporation, Seattle,

Washington, and thereby indirectly

acquire the Commerce Bank of

Washington, N.A., Seattle, Washington.

Board of Governors of the Federal Reserve

System, July 17, 1998.

Robert deV. Frierson,

Associate Secretary of the Board.

[FR Doc. 98–19607 Filed 7–22–98; 8:45 am]

BILLING CODE 6210–01–F

FEDERAL RESERVE SYSTEM

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, including the

companies listed below, that engages

either directly or through a subsidiary or

other company, in a nonbanking activity

that is listed in § 225.28 of Regulation

Y (12 CFR 225.28) 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.

The notice also will 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.

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 August 6, 1998.

A. Federal Reserve Bank of St. Louis

(Randall C. Sumner, Vice President) 411

Locust Street, St. Louis, Missouri 63102-

2034:

1. Arvest Bank Group, Inc.,

Bentonville, Arkansas; and its wholly

owned subsidiary First Bancshares, Inc.,

Bartlesville, Oklahoma to acquire State

Bank & Trust, Tulsa, Oklahoma, and

thereby engage in the operation of a

thrift through the conversion of an

existing national bank, State Bank &

Trust, N.A., Tulsa, Oklahoma, to a

federally chartered savings bank, to be

named State Bank & Trust, pursuant to

§ 225.28(b)(4)(ii) of Regulation Y.

Board of Governors of the Federal Reserve

System, July 17, 1998.

Robert deV. Frierson,

Associate Secretary of the Board.

[FR Doc. 98–19605 Filed 7–22–98; 8:45 am]

BILLING CODE 6210–01–F

FEDERAL TRADE COMMISSION

[File No. 971–0110]

South Lake Tahoe Lodging

Association; Analysis To Aid Public

Comment

AGENCY: Federal Trade Commission.

ACTION: Proposed consent agreement.

SUMMARY: The consent agreement in this

matter settles alleged violations of

federal law prohibiting unfair or

deceptive acts or practices or unfair

methods of competition. The attached

Analysis to Aid Public Comment

describes both the allegations in the

draft complaint that accompanies the

consent agreement and the terms of the

consent order—embodied in the consent

agreement—that would settle these

allegations.

DATES: Comments must be received on

or before September 21, 1998.

ADDRESSES: Comments should be

directed to: FTC/Office of the Secretary,

Room 159, 6th St. and Pa. Ave., NW.,

Washington, DC 20580.

FOR FURTHER INFORMATION CONTACT:

William Baer, FTC/H–374, Washington,

DC 20580. (202) 326–2932.

SUPPLEMENTARY INFORMATION: Pursuant

to Section 6(f) of the Federal Trade

Commission Act, 38 Stat. 721, 15 U.S.C.

46 and Section 2.34 of the Commission’s

Rules of Practice (16 CFR 2.34), notice

is hereby given that the above-captioned

consent agreement containing a consent

order to cease and desist, having been

filed with and accepted, subject to final

approval, by the Commission, has been

placed on the public record for a period

of sixty (60) days. The following

Analysis to Aid Public Comment

describes the terms of the consent

agreement, and the allegations in the

complaint. An electronic copy of the

full text of the consent agreement

package can be obtained from the FTC

Home Page (for July 20, 1998), on the

World Wide Web, at ‘‘http://

www.ftc.gov/os/actions97.htm.’’ A

paper copy can be obtained from the

FTC Public Reference Room, Room H–

130, Sixth Street and Pennsylvania

Avenue, NW., Washington, DC 20580,

either in person or by calling (202) 326–

3627. Public comment is invited. Such

comments or views will be considered

by the Commission and will be available

for inspection and copying at its

principal office in accordance with

Section 4.9(b)(6)(ii) of the Commission’s

Rules of Practice (16 CFR 4.9(b)(6)(ii)).

Analysis of Proposed Consent Order To

Aid Public Comment

The Federal Trade Commission

(‘‘Commission’’) has accepted, subject to

final approval, an Agreement

Containing Consent Order (‘‘Order’’)

from South Lake Tahoe Lodging

Association (‘‘SLTLA’’ or ‘‘Proposed

Respondent’’). The proposed Order is

designed to prevent the recurrence of

anticompetitive practices engaged in by

SLTLA and its members in connection

with an effort by the Proposed

Respondent and its members to

eliminate or restrict the use of signs

advertising the prices at which its

members provided lodging services in

the South Lake Tahoe, California, area.

The Agreement Containing Consent

Order, if finally accepted by the

Commission, would settle charges that

Proposed Respondent’s conduct

violated Section 5 of the Federal Trade

Commission Act by eliminating one

form of competition between lodging

establishments in the South Lake Tahoe

area and by making it more difficult for

consumers to get accurate information

about the prices for lodging in that area.

The proposed complaint, described

below, relates the basis for this relief.

The proposed consent order has been

placed on the public record for sixty

(60) days for reception of comments by

interested persons. Comments received

during this period will become part of

the public record. After sixty (60) days,

the Commission will again review the

agreement and the comments received

and will decide whether it should

withdraw from the agreement or make

final the agreement’s proposed order.

The Proposed Complaint

According to the Commission’s

proposed complaint, SLTLA is a

nonprofit corporation whose members

are operators of lodging establishments

in the South Lake Tahoe, California,

area. SLTLA’s associate members

include operators of lodging

establishments and related businesses in

the South Lake Tahoe, California, area

and the adjacent areas of Nevada.

According to the proposed complaint,

SLTLA’s members and associate