Federal Register / Vol. 61, No. 118 / Tuesday, June 18, 1996 / Notices 30933

Wednesday of the expiration month to the Friday

preceding the third Wednesday. See Securities

Exchange Act Release No. 32452 (July 13, 1993). 4 17 CFR § 200.30–3(a)(12).

Second, in order to facilitate back

office processing, the Exchange

proposes to extend by one hour the

amount of time between the period

when an option ceases trading and

expiration. Accordingly, Phlx proposes

to have all customized FCOs cease

trading at 8:00 a.m. (rather than at 9:00

a.m.) on the day of expiration. Presently,

member firms only have one hour

(between 9:00 a.m. and 10:00 a.m.) to

prepare and accept exercise instructions

and submit them to the Option Clearing

Corporation (‘‘OCC’’), which then

processes and disseminates a

preliminary indication of the percent of

contracts exercised for each series. The

contracts then expire at 10:15 a.m. and

a pro-rata assignment process is used.

By ceasing trading one hour earlier (8:00

a.m.), the firms and OCC would double

the amount of time in which they have

to process these instructions.

Basis

The basis under the Act for this

proposed rule change is the requirement

under Section 6(b)(5) that an exchange

have rules that are designed to prevent

fraudulent and manipulative acts and

practices, to promote just and equitable

principles of trade, to remove

impediments to and perfect the

mechanism of a free and open market

and a national market system, and, in

general, to protect investors and the

public interest.

B. Self-Regulatory Organization’s

Statement on Burden on Competition

The Exchange believes that the

proposed rule change will not result in

any burden on competition that is not

necessary or appropriate in furtherance

of the purposes of the Act.

C. Self-Regulatory Organization’s

Statement on Comments on the

Proposed Rule Change Received From

Members, Participants, or Other

Comments were neither solicited nor

received.

III. Date of Effectiveness of the

Proposed Rule Change and Timing for

Commission Action

Within 35 days of the publication of

this notice in the Federal Register or

within such longer period (i) as the

Commission may designate up to 90

days of such date if it finds such longer

period to be appropriate and publishes

its reasons for so finding or (ii) as to

which the self-regulatory organization

consents, the Commission will:

(A) by order approve the proposed

rule change, or

(B) institute proceedings to determine

whether the proposed rule change

should be disapproved.

IV. Solicitation of Comments

Interested persons are invited to

submit written data, views and

arguments concerning the foregoing.

Persons making written submissions

should file six copies thereof with the

Secretary, Securities and Exchange

Commission, 450 Fifth Street, N.W.,

Washington, D.C. 20549. Copies of the

submission, all subsequent

amendments, all written statements

with respect to the proposed rule

change that are filed with the

Commission, and all written

communications relating to the

proposed rule change between the

Commission and any person, other than

those that may be withheld from the

public in accordance with the

provisions of 5 U.S.C. 552, will be

available for inspection and copying in

the Commission’s Public Reference

Section, 450 Fifth Street, N.W.,

Washington, D.C. Copies of such filing

will also be available for inspection and

copying at the principal office of the

above-mentioned self-regulatory

organization. All submissions should

refer to the rule number SR-Phlx–96–13

and should be submitted by July 9,

1996.

For the Commission, by the Division of

Market Regulation, pursuant to delegated

authority.4

Margaret H. McFarland,

Deputy Secretary.

[FR Doc. 96–15348 Filed 6–17–96; 8:45 am]

BILLING CODE 8010–01–M

DEPARTMENT OF TRANSPORTATION

Federal Aviation Administration

Notice of Intent To Rule on Application

To Impose and Use the Revenue From

a Passenger Facility Charge (PFC) at

Charlottesville-Albermarle Airport,

Charlottesville, VA

AGENCY: Federal Aviation

Administration (FAA), DOT.

ACTION: Notice of intent to rule on

application.

SUMMARY: The FAA proposes to rule and

invites public comment on the

application to impose and use the

revenue from a PFC at CharlottesvilleAlbermarle Airport under the provisions

of the Aviation Safety and Capacity

Expansion Act of 1990 (Title IX of the

Omnibus Budget Reconciliation Act of

1990) (Public Law 101–508) and Part

158 of the Federal Aviation Regulations

(14 CFR Part 158).

DATES: Comments must be received on

or before July 18, 1996.

ADDRESSES: Comments on this

application may be mailed or delivered

in triplicate to the FAA at the following

address: Mr. Robert Mendez, Manager,

Washington Airports District Office, 101

West Broad Street, Suite 300, Falls

Church, Virginia 22046.

In addition, one copy of any

comments submitted to the FAA must

be mailed or delivered to Mr. Bryan O.

Elliott, Airport Manager of the

Charlottesville-Albermarle Airport at

the following address: CharlottesvilleAlbermarle Airport, 201 Bowen Loop,

Charlottesville, Virginia 22901.

Air carriers and foreign air carriers

may submit copies of written comments

previously provided to the

Charlottesville-Albermarle Airport

Authority under Section 158.23 of Part

158.

FOR FURTHER INFORMATION CONTACT:

Mr. Robert Mendez, Manager,

Washington Airports District Office, 101

West Broad Street, Suite 300, Falls

Church, Virginia, 22046 (Tel. (703) 285–

2570). The application may be reviewed

in person at this same location.

SUPPLEMENTARY INFORMATION: The FAA

proposes to rule and invites public

comment on the application to impose

and use the revenue from a PFC at

Charlottesville-Albermarle Airport

under the provisions of the Aviation

Safety and Capacity Expansion Act of

1990 (Title IX of the Omnibus Budget

Reconciliation Act of 1990) (Public Law

101–508) and Part 158 of the Federal

Aviation Regulations (14 CFR Part 158).

On May 1, 1996, the FAA determined

that the application to impose and use

the revenue from a PFC submitted by

the Charlottesville-Albermarle Airport

Authority was substantially complete

within the requirements of Section

158.25 of Part 158. The FAA will

approve or disapprove the application,

in whole or in part, no later than August

8, 1996.

The following is a brief overview of

the application.

Level of the proposed PFC: $3.00.

Proposed charge effective date:

February 1, 2002.

Proposed charge expiration date:

October 1, 2004.

Total estimated PFC revenue:

$3,745,504.

Brief description of proposed projects:

—Overlay and groove runway 3–21

including making and signage, paving
30934 Federal Register / Vol. 61, No. 118 / Tuesday, June 18, 1996 / Notices

the runway shoulders, widening

taxiway fillets, and installing runway

Surface Sensor System.

Class or classes of air carriers which

the public agency has requested not be

required to collect PFCs: Air Taxi/

Commercial Operator Filing FAA form

1800–31.

Any person may inspect the

application in person at the FAA office

listed above under FOR FURTHER

INFORMATION CONTACT and at the FAA

regional Airports office located at:

Fitzgerald Federal Building, John F.

Kennedy International Airport, Jamaica,

New York, 11430.

In addition, any person may, upon

request, inspect the application, notice

and other documents germane to the

application in person at the

Charlottesville-Albermarle Airport

Authority.

Issued in Jamaica, New York on June 11,

1996.

Thomas Felix,

Airports Grant Program Manager, Eastern

Region.

[FR Doc. 96–15417 Filed 6–17–96; 8:45 am]

BILLING CODE 4910–13–M

Research and Special Programs

Administration

Office of Hazardous Materials Safety;

Notice of Applications for Exemptions

AGENCY: Research and Special Programs

Administration, DOT.

ACTION: List of applicants for

exemptions.

SUMMARY: In accordance with the

procedures governing the application

for, and the processing of, exemptions

from the Department of Transportation’s

Hazardous Materials Regulations (49

CFR Part 107, Subpart B), notice is

hereby given that the Office of

Hazardous Materials Safety has received

the applications described herein. Each

mode of transportation for which a

particular exemption is requested is

indicated by a number in the ‘‘Nature of

Application’’ portion of the table below

as follows: 1—Motor vehicle, 2—Rail

freight, 3—Cargo vessel, 4—Cargo

aircraft only, 5—Passenger-carrying

aircraft.

DATES: Comments must be received on

or before July 18, 1996.

ADDRESSES: Dockets Unit, Research and

Special Programs Administration, U.S.

Department of Transportation,

Washington, DC 20590.

Comments should refer to the

application number and be submitted in

triplicate. If confirmation of receipt of

comments is desired, include a selfaddressed stamped postcard showing

the exemption application number.

FOR FURTHER INFORMATION CONTACT:

Copies of the applications are available

for inspection in the Dockets Unit,

Room 8426, Nassif Building, 400 7th

Street, SW., Washington, DC.

New Exemptions

Application

No. Applicant Regulation(s) affected Nature of exemption thereof

11699–N ..... GEO Specialty Chemicals,

Bastrop, LA.

49 CFR 174.67 ..... To authorize the installation of a 1′′ plugcock valve on the air inlet line located on the dome of rail cars that are not equipped with dome vents or

safety relief valves that are used for transporting aluminum sulfate, solution, Division 2.3. (mode 2)

11700–N ..... Cryodyne Technologies,

Inc., Madison, CT.

49 CFR

173.301(i)(j).

To authorize the transportation in commerce of non-flammable, non-toxic

compressed gases, Division 2.2, in foreign made cylinders from the port

area to a compressed gas company where the materials are repackaged

into DOT authorized compressed gas cylinders for shipment to domestic

users of the material. (mode 1)

11701–N ..... Dept. of Defense, Falls

Church, VA.

49 CFR

173.34(e)(13) (i)

& (iii).

To provide for a 3-year hydrostatic pressure test and to extend the life of

non-DOT specification cylinders used in the missile program to 30 years.

(modes 1, 2, 4)

11702–N ..... Eka Nobel Inc., Columbus,

MS.

49 CFR

172.101SP B81,

178.345–10.

To authorize the use of a continuous vent and pressure relief device on

DOT 412 stainless steel cargo tanks for use in transporting Division 5.1.

material. (mode 2)

11703–N ..... Walter Kidde, Mebone, NC 49 CFR 171.2(c),

173.301(h),

178.65.

To authorize the manufacture, marking and sale of non-DOT specification

cylinders comparable to DOT Specification 39 for shipment of certain

gases. (mode 1)

11708–N ..... Elf Atochem North America,

Inc., Philadelphia, PA.

49 CFR 172.101,

SP T18&T26.

To authorize the transportation in commerce of methane sulfonic acid, Class

8, in IM101 tanks. (mode 1)

11711–N ..... N.C. Department of Agriculture, Raleigh, NC.49 CFR 171, 172,

173, 177.

To authorize the transportation in commerce of pesticide wastes as essentially non-regulated for residence involved in a pesticide collection program. (mode 1)

This notice of receipt of applications

for new exemptions is published in

accordance with Part 107 of the

Hazardous Materials Transportations

Act (49 U.S.C. 1806; 49 CFR 1.53(e)).

Issued in Washington, DC, on June 13,

1996.

J. Suzanne Hedgepeth,

Director, Office of Hazardous Materials,

Exemptions and Approvals.

[FR Doc. 96–15414 Filed 6–17–96; 8:45 am]

BILLING CODE 4910–60–M

Office of Hazardous Materials Safety;

Notice of Applications for Modification

of Exemptions or Applications to

Become a Party to an Exemption

AGENCY: Research and Special Programs

Administration, DOT.

ACTION: List of applications for

modification of exemptions or

applications to become a party to an

exemption.

SUMMARY: In accordance with the

procedures governing the application

for, and the processing of, exemptions

from the Department of Transportation’s

Hazardous Materials Regulations (49

CFR Part 107, Subpart B), notice is

hereby given that the Office of

Hazardous Materials Safety has received

the applications described herein. This

notice is abbreviated to expedite

docketing and public notice. Because

the sections affected, modes of

transportation, and the nature of