67388 Federal Register / Vol. 60, No. 250 / Friday, December 29, 1995 / Notices

Register on December 22, 1995, the

information collections listed below

have been proposed or will require

extension of the current OMB approval.

(Call the SSA Reports Clearance

Officer on (410) 965–4142 for a copy of

the form(s) or package(s), or write to the

SSA Reports Clearance Officer at the

address listed after the information

collections.)

1. Coverage of Employees of State and

Local Governments, F–20–404M. The

information collected in accordance

with this regulation is obtained from

State governments (or interstate

instrumentalities) desiring to obtain

Social Security coverage for their

employees. The respondents are State

governments.

Number of Respondents: 52.

Frequency of Response: 6.

Average Burden Per Response: 1 hour.

Estimated Annual Burden: 312 hours.

2. Plans for Achieving Self-Support—

0960–NEW. The information is collected

when a Supplemental Security Income

(SSI) recipient desires to use available

income and resources to obtain

education and/or training in order to

become self-supportive. The

information is used to evaluate the

recipient’s plan for achieving selfsupport to determine whether the plan

may be approved. The respondents are

SSI recipients.

Number of Respondents: 5,500.

Frequency of Response: 1.

Average Burden Per Response: 20

minutes.

Estimated Annual Burden; 1,833

hours.

Written comments and

recommendations regarding these

information collections should be sent

within 60 days from the date of this

publication directly to the SSA Reports

Clearance Officer at the following

address: Social Security Administration,

DCFAM, Attn: Charlotte S. Whitenight,

6401 Security Blvd., 1–A–21 Operations

Bldg., Baltimore, MD 21235.

In addition to your comments on the

accuracy of the agency’s burden

estimate, we are soliciting comments on

the need for the information; its

practical utility; ways to enhance its

quality, utility and clarity; and on ways

to minimize burden on respondents,

including the use of automated

collection techniques or other forms of

information technology.

Dated: December 22, 1995.

Charlotte Whitenight,

Reports Clearance Officer, Social Security

Administration.

[FR Doc. 95–31488 Filed 12–28–95; 8:45 am]

BILLING CODE 4190–29–P

DEPARTMENT OF TRANSPORTATION

Office of The Secretary

[Order 95–12–37; Docket OST–95–771]

Application of Laker Airways, Inc. for

Certificate Authority

AGENCY: Department of Transportation.

ACTION: Notice of order to show cause.

SUMMARY: The Department of

Transportation is directing all interested

persons to show cause why it should

not issue an order finding Laker

Airways, Inc., fit, willing, and able, and

awarding it a certificate of public

convenience and necessity to engage in

interstate scheduled air transportation

of persons, property, and mail.

DATES: Persons wishing to file

objections should do so no later than

January 8, 1996.

ADDRESSES: Objections and answers to

objections should be filed in Docket

OST–95–771 and addressed to the

Documentary Services Division (C–55,

Room PL–401), U.S. Department of

Transportation, 400 Seventh Street SW.,

Washington, DC 20590 and should be

served upon the parties listed in

Attachment A to the order.

FOR FURTHER INFORMATION CONTACT:

Ms. Carol A. Woods, Air Carrier Fitness

Division (X–56, Room 6401), U.S.

Department of Transportation, 400

Seventh Street SW., Washington, DC

20590, (202) 366–2340.

Dated: December 22, 1995.

Mark L. Gerchick,

Acting Assistant Secretary for Aviation and

International Affairs.

[FR Doc. 95–31476 Filed 12–28–95; 8:45 am]

BILLING CODE 4910–62–M

DEPARTMENT OF THE TREASURY

Fiscal Service

Coupons Under Book-Entry

Safekeeping (CUBES)

AGENCY: Bureau of the Public Debt,

Fiscal Service, Treasury.

ACTION: Notice.

SUMMARY: This notice is being published

to announce the reopening by the

Department of the Treasury of its

Coupons Under Book-Entry Safekeeping

(CUBES) program, to permit the

conversion of certain physical coupons

detached from U.S. Treasury bonds to

book-entry form in the commercial

book-entry system. With the reopening

of the conversion window under

CUBES, depository institutions holding

eligible coupons will have the

opportunity, during the period from

March 4, 1996, to and including August

30, 1996, to convert such coupons to

book-entry form. Other entities wishing

to convert stripped coupons must

arrange to do so through a depository

institution.

DATES: March 4, 1996, through August

30, 1996, as described below.

FOR FURTHER INFORMATION CONTACT:

Maureen Parker, Director, Division of

Securities Systems, Bureau of the Public

Debt, Parkersburg, West Virginia,

26106–1328, (304) 480–7761.

SUPPLEMENTARY INFORMATION: The

CUBES regulations permit reopenings of

the CUBES window for conversion to

book-entry form of detached, physical

coupons. 31 CFR Part 358.0(c) provides,

in part, that notice of time periods for

conversion, as well as coupons eligible

for conversion and applicable fees, will

be published in the Federal Register

two months prior to the date coupons

may be presented. Accordingly,

pursuant to that authority, Treasury will

reopen the window for conversion

under its CUBES program beginning

March 4, 1996, and ending close of

business August 30, 1996. Under the

program, depository institutions holding

coupons stripped from Treasury

securities will be permitted to convert

them to book-entry form. Entities other

than depository institutions which hold

stripped Treasury coupons and which

wish to convert them to book-entry

accounts under the CUBES program

must arrange for such conversion

through a depository institution.

Only Treasury coupons stripped

before the date of this notice, and with

payment dates on or after February 15,

1997, will be eligible for conversion,

excluding those having payment dates

during a callable period.

Presentation of coupons under the

reopened CUBES window may be made

only at the Federal Reserve Bank of New

York (FRBNY) and in compliance with

the presentation procedures established

by FRBNY. Submissions of coupons are

subject to the terms and conditions

described in Appendix A of Part 358,

except insofar as the terms and

conditions are modified by the

regulations, the provisions of this

notice, or the procedures issued by the

FRBNY related to the conversion.

Physical coupons submitted for the

CUBES program will be subject to

rejection and book-entry CUBES

balances established as a result of the

submission of coupons will be subject to

adjustment until the submission has

been verified and approved by Treasury.

This verification and approval will be
Federal Register / Vol. 60, No. 250 / Friday, December 29, 1995 / Notices 67389

completed by Treasury within twelve

(12) business days following deposit by

FRBNY of the coupons into the

designated accounts. Such verification

and approval by Treasury are final

determinations.

The CUBES program will offer on-line

trading of CUBES balances between

depository institutions. However, the

submitting institution is prohibited from

trading any CUBES balance resulting

from the submission of coupons under

this notice prior to the Treasury

verification of the submission and

approval of the resulting CUBES

balances.

If, as a result of verification, Treasury

determines that an adjustment is

necessary to one or more CUBES

balances for the submitting institution,

the institution will be notified. If a

CUBES balance is insufficient for a

reduction adjustment to be processed,

the submitting institution is responsible

for immediately acquiring such CUBES

balance as is necessary to allow the

adjustments to be made.

The value of all coupons submitted to

FRBNY on the same date with the same

delivery instructions and for the same

payment date will be rounded down to

the next lowest full dollar amount since

on-line trading is done only in full

dollar amounts. For example, on March

18, Institution A submits coupons for a

variety of customers or accounts and

directs that the CUBES balances be

established in its trust account (or

similar subaccount). The total of the

coupon value with this delivery

instruction for payment date 8/15/01 is

$44,356.87. The total of the value for

payment date 11/15/01 is 56,002.13.

The submitting institution will receive

in its trust account an 8/15/01 CUBES

balance of $44,356.00 and an 11/15/01

CUBES balance of $56,002.00.

Book-entry transfers of CUBES will be

subject to the same fee schedule

applicable for the transfer of other online Treasury book-entry securities.

Once stripped coupons have been

converted to CUBES, their reconversion

to physical form will not be permitted.

The principal (corpus) securities from

which the interest coupons have been

stripped will not be accepted in CUBES.

A depository institution wishing to

participate in CUBES should contact

Grace Jaiman (212) 720–8183 or Joanna

Grever (212) 720–8184 of FRBNY as

soon as possible to obtain an

information package and the necessary

supplies required to present the

stripped coupons in acceptable form.

The institution should inform the

FRBNY of its intention to participate as

soon as possible, but no later than two

weeks before deposit, and should

submit a completed holdings statement

on the form provided in the information

package.

Participants will be charged a

participation fee of $4 per coupon for

conversion to book-entry. Participants

will also bear the full cost and risk

associated with both the delivery of the

coupons to the FRBNY and any returns

that may be necessary if the stated

presentation procedures are not

followed.

Submitters of coupons are deemed to

agree to the terms and conditions set

forth in this notice, 31 CFR Part 358,

including Appendix A, and any other

requirements that may be prescribed by

the Department of the Treasury and the

FRBNY.

Dated: December 22, 1995.

Richard L. Gregg,

Commissioner, Bureau of the Public Debt.

[FR Doc. 95–31462 Filed 12–28–95; 8:45 am]

BILLING CODE 4810–35–P

[Dept. Circ. 570, 1995 Rev., Supp. No. 6]

Surety Companies Acceptable on

Federal Bonds; Providence

Washington Insurance Company

A Certificate of Authority as an

acceptable surety on Federal Bonds is

hereby issued to the following company

under Sections 9304 to 9308, Title 31,

of the United States Code, effective

December 4, 1995. Federal bondapproving officers should annotate their

reference copies of the Treasury Circular

570, 1995 Revision, on page 34446 to

reflect this addition:

Providence Washington Insurance

Company. BUSINESS ADDRESS: P.O.

Box 518, Providence, RI 02901–0518.

PHONE: (401) 453–7000.

UNDERWRITING LIMITATION b/:

$5,445,000. SURETY LICENSES c/:

AL, AK, AZ, AR, CA, CO, CT, DE, DC,

FL, GA, ID, IL, IN, IA, KS, KY, LA,

ME, MD, MA, MI, MN, MS, MO, MT,

NE, NV, NH, NJ, NM, NY, NC, ND,

OH, OK, OR, PA, RI, SC, SD, TN, TX,

UT, VA, VT, WA, WV, WI, WY.

INCORPORATED IN: Rhode Island.

Certificates of Authority expire on

June 30 each year, unless revoked prior

to that date. The Certificates are subject

to subsequent annual renewal as long as

the companies remain qualified (31

CFR, Part 223). A list of qualified

companies is published annually as of

July 1 in Treasury Department Circular

570, with details as to underwriting

limitations, areas in which licensed to

transact surety business and other

information.

Copies of the Circular may be

obtained by calling the U.S. Department

of the Treasury, Financial Management

Service, computerized public bulletin

board system (FMS Inside Line) at (202)

874–6817/7034/6953/6872 or by

purchasing a hard copy from the

Government Printing Office (GPO),

Washington, DC, telephone (202) 874–

0132. When ordering the Circular from

GPO, use the following stock number:

048–000–00489–0.

For further assistance, contact the

U.S. Department of the Treasury,

Financial Management Service, Funds

Management Division, Surety Bond

Branch, 3700 East-West Highway, Room

6F04, Hyattsville, MD 20782, telephone

(202) 874–7102.

Dated: December 19, 1995.

Charles F. Schwan III,

Director, Funds Management Division,

Financial Management Service.

[FR Doc. 95–31486 Filed 12–28–95; 8:45 am]

BILLING CODE 4810–35–M

[Dept. Circ. 570, 1995—Rev., Supp. No. 5]

Surety Companies Acceptable on

Federal Bonds, Termination of

Authority; The American Road

Insurance Company

Notice is hereby given that the

Certificate of Authority issued by the

Treasury to the American Road

Insurance Company, of Dearborn,

Michigan, under the United States Code,

Title 31, Sections 9304–9308, to qualify

as an acceptable surety on Federal

bonds is terminated effective November

17, 1995.

The Company was last listed as an

acceptable surety on Federal bonds at 60

FR 34437, June 30, 1995.

With respect to any bonds currently

in force with the American Road

Insurance Company, bond-approving

officer may let such bonds run to

expiration and need not secure new

bonds. However, no new bonds should

be accepted from the Company. In

addition, bonds that are continuous in

nature should not be renewed.

Questions concerning this notice may

be directed to the U.S. Department of

the Treasury, Financial Management

Service, Funds Management Division,

Surety Bond Branch, 3700 East-West

Highway, Room 6F04, Hyattsville, MD

20872, telephone (202/FTS) 874–6765.

Dated: December 18, 1995.

Charles F. Schwan III,

Director, Funds Management Division,

Financial Management Service.

[FR Doc. 95–31487 Filed 12–28–95; 8:45 am]

BILLING CODE 4810–35–M