FEDERAL REGISTER VOLUME 33 • NUMBER 27 Thursday, February 8, 1968 • Washington, D.C. Pages 2685-2747
Agencies in this issue— The President Agricultural Stabilization and Conservation Service Atomic Energy Commission Civil Aeronautics Board Consumer and Marketing Service Defense Department Delaware River Basin Commission Federal Aviation Administration Federal Communications Commission Federal Home Loan Bank Board Federal Maritime Commission Federal Power Commission Federal Reserve System Fish and Wildlife Service Interagency Textile Administrative Committee Interstate Commerce Commission Land Management Bureau National Park Service Securities and Exchange Commission Social Security Administration Detailed list o f Contents appears inside. 5-Year Compilations of Presidential Documents Supplements to Title 3 of the Code of Federal Regulations
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THE PRESIDENT DELAWARE RIVER BASIN FEDERAL RESERVE SYSTEM COMMISSION Rules and Regulations EXECUTIVE ORDER Notices Credit by: P roviding for the coordination by Water resources program; notice Banks for purpose of purchasing the Attorney General of Federal of public hearing.______2722 or carrying registered stocks. 2702 law enforcement and crime pre Brokers, dealers, and members ven tion programs______2689 of national securities ex changes______2695 FEDERAL AVIATION Persons other than banks, EXECUTIVE AGENCIES ADMINISTRATION brokers, or dealers for purpose Rules and Regulations o f purchasing or carrying AGRICULTURAL STABILIZATION registered equity securities 2691 Airworthiness directives: AND CONSERVATION SERVICE Dassault Fan Jet Falcons air Proposed Rule Making Loans by banks for purpose of pur- Rules and Regulations planes Serial Numbers 1 through 107,109 through 113, ' chasing or carrying registered Processor wheat marketing regula and 115_'______2709 stocks; creditor who makes a tions; miscellaneous amend Lockheed Model 382 and 382B market in convertible securities. 2714 ments ______!______2707 airplanes______2709 Notices Proposed Rule Making Credit by persons other than AGRICULTURE DEPARTMENT brokers or dealers for purpose See Agricultural Stabilization and Airworthiness directives; Pratt & o f purchasing or carrying regis Whitney aircraft engines_____ 2712 Conservation Service ; Consumer tered equity securities; adoption Fuel jettisoning systems for trans of forms______2721 and Marketing Service. port category airplanes; exten First Banc Group of Ohio, Inc.; sion of time for comment notice of application for ap ATOMIC ENERGY COMMISSION period.______2712 proval of acquisition of shares of banks______:______2722 Rules and Regulations FEDERAL COMMUNICATIONS Statement of organization, delega FISH AND WILDLIFE SERVICE tions, and general information; COMMISSION Rules and Regulations changes incident to amendment Proposed Rule Making Swan Lake National Wildlife Ref of statute______2691 uge, Mo.; sport fishing______2711 Amateur extra class and advanced class licenses; amendment of HEALTH, EDUCATION, AND CIVIL AERONAUTICS BOARD rules to allow disabled persons to obtain licenses______2713 WELFARE DEPARTMENT Rules and Regulations See Social Security Administra Uniform system of accounts for Notices tion. certificated air carriers; state Grayson Television Co., Inc., and ments of accounting and Hercules Broadcasting Co.; INTERAGENCY TEXTILE statistical procedures to be filed order continuing hearing—___ 2725 ADMINISTRATIVE COMMITTEE in triplicate______2710 Mexican broadcast stations; list of Notices Notices changes, proposed changes and Certain cotton and cotton textile Hearings, etc.: corrections in assignments (2 products produced or manufac documents)______2723, 2724 Spantax, S. 2721 tured in Poland; entry or with Standby youth fares and “young drawal from warehouse for adult” fares______2721 FEDERAL HOME LOAN BANK consumption______:______2722 West Coast Airlines, Inc______2721 BOARD INTERIOR DEPARTMENT Rules and Regulations See Fish and Wildlife Service; CONSUMER AND MARKETING Land Management Bureau; Na Board rulings; hazard insurance_ 2706 tional Park Service.- SERVICE Operations; maintenance of Rules and Regulations records___ i______2707 INTERSTATE COMMERCE Navel oranges grown in Arizona COMMISSION and designated part of Cali FEDERAL MARITIME Rules and Regulations fornia; handling limitations__ 2708 COMMISSION Truckload lot restrictions; re moval ______;r;_____ ;_____ 2711 Proposed Rule Making Notices Notices Hops of domestic production; Golfo Y. Caribe Steamship Lines, Fourth section applications for Proposed salable quantity and S.A.; revocation of certificate_ 2725 relief______2744 allotment percentage for 1968- Motor carrier: 69 marketing year______2712 FEDERAL POWER COMMISSION Broker, water c a r r i e r and freight forwarder applica Notices tions ______2732 d efen se d e p a r t m e n t Hearings, etc.: Temporary authority applica Notices Ashland Oil & Refining Co., et tions _!______2745 Defense Communications Agency; al______2725 Transfer proceedings______2746 administration______2721 Atlantic Richfield Co. et al_____ 2728 (Continued on next -page) 2687 2688 CONTENTS
LAND MANAGEMENT BUREAU NATIONAL PARK SERVICE SOCIAL SECURITY Notices Notices ADMINISTRATION Intention to issue concession per California : Rules and Regulations Opening of land from water mits at; power withdrawals------2718 Glacier National Park------2720 Federal old-age, survivors, and Proposed classification of public Rocky Mountain National Park disability insurance; correction and Shadow Mountain Na lands for multiple use man (2 documents)______2710, 2711 agement ______2719 tional Recreation Area------2720 Colorado; proposed classification of public lands for multiple use SECURITIES AND EXCHANGE management______2718 COMMISSION New Mexico ; proposed withdrawal TRANSPORTATION DEPARTMENT and reservation of lands------._ 2719 Proposed Rule Making See Federal Aviation Adminis Oregon; termination of proposed Annual income and expense re tration. classification of public lands— 2719 ported by registered broker- dealers who carry public cus tomer accounts------2714 Annual report of management in vestment companies; proposed revision of form----- i------2716 Notices Hearings, etc.: Columbia Gas of Maryland, Inc., and Columbia Gas System, In c______2730 Inglewood Gasoline Co------— 2731 North American Research & De velopment Corp------2731 Sante Fe International, Inc----- 2731 Wyoming Nuclear Corp------2732
List of CFR Parts Affected
The following numerical guide is a list of the parts of each title of the Code of Federal Regulations affected by documents published in today's issue. A cumulative list of parts affected, covering the current month to date, appears at the end of each issue beginning with the second issue of the month. A cumulative guide is published separately at the end of each month. The guide lists the parts and sections affected by documents published since January 1, 1968, and specifies how they are affected.
3 CFR 12 CFR 20 CFR 404 (2 documents)------2710,2711 E x e c u t iv e O r d e r : 207______2691 11396______2689 220 ____ 2695 221 ______2702 47 CFR 555______- ______2706 P ropo sed R u l e s : 7 CFR 563______2707 __ 2713 777______2707 P ropo sed R u l e s :- 907______2708 221___ 2714 P roposed R u l e s : 49 CFR 991______2712 14 CFR 1041 _ 2711 39 (2 documents)______2709 241______— ______2710 10 CFR 50 CFR P roposed R u l e s : 33______. 2711 1______■______2691 25______2712 39______2712 17 CFR P ro posed R u l e s : 240______2714 249______2714 274_____ 2716 Presidential Documents
Title 3— THE PRESIDENT Executive Order 11396 PROVIDING FOR THE COORDINATION BY THE ATTORNEY GENERAL OF FEDERAL LAW ENFORCEMENT AND CRIME PREVENTION PROGRAMS W H EREAS the problem of crime in America today presents the Nation with a major challenge calling for maximum law enforcement efforts at every level of Government; W H ER EAS coordination of all Federal criminal law enforcement activities and crime prevention programs is desirable in order to achieve more effective results ; W H E R E A S the Federal Government has acknowledged the need to provide assistance to State and local law enforcement agencies in the development and administration of programs directed to the pre vention and control of crime; W H E R E A S to provide such assistance the Congress has authorized various * departments and agencies of the Federal Government to develop programs which may benefit State and local efforts directed at the prevention and control of crime, and the coordination of such programs is desirable to develop and administer them most effectively ; and W H EREAS the Attorney General, as the chief law officer of the Federal Government, is charged with the responsibility for all prosecu tions for violations of the Federal criminal statutes and is authorized under the Law Enforcement Assistance Act of 1965 (79 Stat. 828) to cooperate with and assist State, local, or other public or private agencies in matters relating to law enforcement organization, tech niques and practices, and the prevention and control of crime: NOW, THEREFORE, by virtue of the authority vested in the President by the Constitution and laws of the United States, it is ordered as follows:
S ection 1. The Attorney General is hereby designated to facilitate and coordinate (1) the criminal law enforcement activities and crime prevention programs of all Federal departments and agencies, and (2) the activities of such departments and agencies relating to the development and implementation of Federal programs which are de signed, in whole or in substantial part, to assist State and local law enforcement agencies and crime prevention activities. The Attorney General may promulgate such rules and regulations and take such actions as he shall deem necessary or appropriate to carry out his functions under this Order. Sec. 2. Each Federal department and agency is directed to cooper ate with the Attorney General in the performance of his functions under this Order and shall, to the extent permitted by law and within the limits of available funds, furnish him such reports, information, and assistance as he may request.
T he W hite H ouse, February 7 , 1968. [F.R. Doc. 68-1688; Filed, Feb. 7, 1968; 12:16 p.m.]
FEDERAL REGISTER, VOL. 33, NO. 27— THURSDAY, FEBRUARY 8, 1968
2691 Rules and Regulations
§ 1.20 [Amended] Title 10— ATOMIC ENERGY 2. In § 1.20, paragraph (f) is amended Title 12— BANKS AND BANKING Chapter 1—Atomic Energy to read as follows: Chapter II— Federal Reserve System Commission (f) Appointments of the Deputy Gen eral Manager, Assistant General Man SUBCHAPTER A— BOARD OF GOVERNORS OF PART 1— STATEMENT OF ORGANIZA agers, Directors of Headquarters Divi THE FEDERAL RESERVE SYSTEM TION, DELEGATIONS, AND GEN sions and Offices and Deputies thereof, [Reg. G] ERAL INFORMATION all Field Office Managers, and significant PART 207— CREDIT BY PERSONS changes in the organization of the Com OTHER THAN BANKS, BROKERS, Changes Incident to Amendment mission, other than those made by the of Statute Commission, are submitted to the Com OR DEALERS FOR PURPOSE OF Notice is hereby given of the amend mission for approval. PURCHASING OR CARRYING REG ment of the Statement of Organization, § 1.43 [Deleted] ISTERED EQUITY SECURITIES Delegations, and General Information of 1. Effective March 11, 1968, the fol the U.S. Atomic Energy Commission, 10 3. Section 1.43 is deleted, new § 1.97 is added, and a new center heading pre lowing Part 207 is added: CFR Part 1, published in the F ederal ceding § 1.97 is added reading as follows: Sec. R egister on December 29, 1961 (26 F.R. 207.1 General rule. 12729-12745), as amended. T h e A s s is t a n t G en eral M anger f o r 207.2 Definitions. The present amendment covers M il it a r y A p p l ic a t io n 207.3 Reports and records. 207.4 Miscellaneous provisions. changes incident to section 5 of Public § 1.97 Division of Military Application. Law 90-190 amending subsection 25a. of 207.5 Supplement. the Atomic Energy Act of 1954, as (a) The Division of Military Applica A uth ority : The provisions of this Part 207 amended, and related matters, reporting tion established by the Act, under the issued under sec. 7 of the Securities Exchange that, as provided by Public Law 90-190, • direction of an Assistant General Man Act of 1934 (15 U.S.C. 78g). the Division of Military Application is ager for Military Application appointed § 207.1 General rule. now under the direction of an Assistant by the Commission, (1) directs the re General Manager for Military Applica search, development, production, custody, (a) Registration. Every person who, in tion. storage, readiness assurance, and testing the ordinary course of his business, dur Because this amendment relates to of atomic weapons; (2) assists in main ing any calendar quarter ended after matters of internal management, general taining liaison between the Atomic October 20,1967, extends or arranges for notice of proposed rule making and pub Energy Commission and the Department the extension of a total of fifty thousand lic procedure thereon are unnecessary. of Defense; and (3) administers AEC dollars ($50,000) or more, or has out activities under international agreements standing at any time during the calendar Pursuant to the Atomic Energy Act of quarter, a total of one hundred thousand 1954, as amended, the Administrative for cooperation involving a t o m i c weapons. dollars ($100,000) or more, in credit, Procedure Act of 1946, as amended, and secured directly or indirectly, in whole or 1 CFR 17.2, the following amendments (b) The Assistant General Manager for Military Application exercises con in part, by collateral that includes any to 10 CFR Part 1 are published as a docu registered equity securities, unless such ment, subject to codification to be effec tract authority as described in § 1.5(b) within the limits of the Division’s pro person is subject to Part 220 (Regulation tive upon publication in the F ederal T) or Part 221 (Regulation U) of this R egister. grammatic responsibilities. Within the scope of his assigned functions, he deter chapter, is subject to the registration re § 1.10 [Amended] mines (1) that exemptions of individual quirements of this paragraph and shall, - 1. In § 1.10, paragraph (d) is amended AEC prime contractors and subcontrac within 30 days following the end of the to read as follows: calendar quarter during which the per tors from AEC licensing requirements son becomes subject to such registration (d) The Commission appoints th e are authorized by law; and (2) that requirements, register with the Board of General Manager, the Director of Regu under the terms of a contract or sub Governors of the Federal Reserve System lation, the General Counsel, the Director contract there is adequate assurance that by filing a statement in conformity with of the Division of Inspection, an Assist the requirements of Federal Reserve ant General Manager for Military Appli the work thereunder can be accomplished without undue risk to the health and Form G -l with the Federal Reserve Bank cation, the directors of other program of the district in which the principal divisions established under section 25(a) safety of Government and contractor office of the lender is located: Provided, of the Act, 42 U.S.C. 2035(a); the hear personnel, and the general public from That no such statement need be filed ing examiners, the Board of Contract the hazards associated with his assigned with respect to credit extended in the Appeals, and the Chairman and Vice functions. calendar quarter that ended December Chairman and members of the Atomic (Sec. 161, 68 Stat. 948, as amended; 42 U.S.C. 31,1967, until April 10,1968. Safety and Licensing Board Panel. Ap 2201; Public Law 90-190, Dec. 14, 1967; sec. (b) Termination of registration. Any 1, 81 Stat. 54; 5 U.S.C. 552) person so registered who has not, during pointments of the Deputy General Man the preceding 6 calendar months, ex ager, other Assistant General Managers, Dated at Washington, D.C., this 30th tended or maintained or arranged for the Directors of Headquarters Offices and day of January 1968. extension or maintenance of any credit Divisions and Deputies thereof, all Field For the Atomic Energy Commission. secured directly or indirectly, in whole or Office Managers and significant changes in part, by collateral that includes any W. B. M cCool, ih the organization of the Commission, registered equity securities may apply Secretary. for termination of such registration by are submitted to the Commission for [F.R. Doc. 68-1527; Filed, Feb. 7, 1968; filing Federal Reserve Form G-2 with approval. 8:45 a.m.] the Federal Reserve Bank of the district
FEDERAL REGISTER, VOL. 33, NO. 27— THURSDAY, FEBRUARY 8, 1968 2692 RULES AND REGULATIONS in which the principal office of the lender this paragraph and the credit extended claims of general creditors by a sub is located. under this paragraph shall be reduced by ordination agreement approved by an (c) Definition of lender and applica an amount equal to the maximum loan appropriate committee of a national bility of margin requirements. Any per value of the convertible security with securities exchange or by a “satisfactory son subject to the registration require drawn less the maximum loan value of subordination agreement” as defined in ments of paragraph (a) of this section any convertible security described in paragraph (e) (7) of Rule 240-15c3-l of who, in the ordinary course of his busi subparagraph (1) of this paragraph de the Securities and Exchange Commis ness, extends or maintains or arranges posited as collateral. sion. for the extension or maintenance of any (e) Statements as to purpose of credit. (g) Combining purpose credit ex credit for the purpose of purchasing or In connection with any extension of tended to the same customer. For the carrying any registered equity security1 credit secured directly or indirectly, in purpose of this part, except for a credit (hereinafter called “purpose credit” ), if whole or in part, by collateral that in subject to paragraph (d) of this section, such credit is secured directly or in cludes any registered equity security, the the aggregate of all outstanding purpose directly 2 in whole or in part by collateral lender shall prior to such extension ob credit extended to a person by a lender that includes any such security, is a tain a statement in conformity with the after February 1, 1968, shall be con “lender” subject to this part and shall requirements of Federal Reserve Form sidered a single credit and, except as not after February Ï, 1968, except as G-3 executed by the customer and exe provided in paragraphs (d) and (i) of provided in § 207.4(a), extend or arrange cuted and accepted in good faith by the this section, all the collateral securing for the extension of any purpose credit lender. The lender shall retain such such a credit, whether directly or in in an amount exceeding the maximum statement in his records for at least six directly, in whole or in part, shall be loan value of the collateral, as prescribed years after such credit is extinguished. In considered in determining whether the from time to time for registered equity determining whether credit is “purpose credit complies with this part. securities in § 207.5 (the Supplement to credit”, the lender may rely on the state (h) Purpose and nonpurpose credit Regulation G ), or as determined by thé ment executed by the customer if accept extended to the same customer. No lender in good faith for any collateral ed in good faith. To accept the custom lender shall after February 1, 1968, ex other than registered equity securities: er’s statement in good faith, the lender tend or maintain or arrange for the ex Provided, That any collateral consisting must (1) be alert to the circumstances tension of any purpose credit, or shall of convertible securities described in surrounding the credit and (2) if he has arrange for the maintenance of any pur paragraph (d) of this section shall have any information which would cause a pose credit extended after February 1, loan value only as provided in that para prudent man not to accept the statement 1968, if the credit is secured directly or graph : And provided further, That in without inquiry, have, investigated and indirectly, in whole or in part, by respect to a credit extended after Febru be satisfied that the customer’s statement collateral that includes any registered ary 1, 1968, and before March 11, 1968, is truthful. Circumstances which could equity security which also secures, di any reduction in the credit or deposit of indicate that the lender has not exercised rectly or indirectly, in whole or in part, collateral required to meet this require reasonable diligence in so acquainting any other credit extended to the same ment shall be accomplished by April 10, himself and so investigating would in customer; and no lender shall have out 1968. clude, but are not limited to, facts such standing at the same time to the same (d) Credit on convertible securities. as that (1) the proceeds of the credit customer both purpose credit extended (1) A lender may extend credit for the were paid to a broker or to a bank in after February 1, 1968, and any other purpose specified in paragraph (c) of this connection with contemporaneous de credit extended after February 1, 1968. section on collateral consisting of any livery of registered equity securities, (i) Purpose credit secured both by security convertible into a registered whether or not payment was made registered equity securities and by other equity security or any security carrying against delivery, (2) there were frequent collateral. No lender shall after February a warrant or right to subscribe to or pur substitutions of registered equity securi 1, 1968, extend or maintain or arrange chase such a security (sometimes herein ties serving as collateral for the credit, or for the extension of any purpose credit, referred to as a “convertible security” ) . (3) the amount of the credit was dis or shall arrange for the maintenance of (2) Credit extended under this para proportionate, or the terms in appro any purpose credit extended after graph shall be subject to the same condi priate, to the stated purpose. February 1, 1968, which is secured di tions as any other credit subject to this (f) Credit extended to person subject rectly or indirectly in whole or in part, section except: (i) The entire amount' to Regulation T. (1) No lender shall ex by collateral that includes any registered of such credit shall be considered a tend or maintain any credit for the equity security, unless at the time such single credit treated separately from the purpose of purchasing or carrying any credit was extended the lender thereof single credit specified in paragraph (g) registered equity security to any person, obtained collateral consisting of regis of this section and all the collateral who is subject to Part 220 of this chap tered equity securities in an amount securing such credit shall be considered ter (Regulation T) without collateral sufficient to meet the requirements of in determining whether or not the credit or on collateral consisting of registered paragraph (c) of this section, and such complies with this part, and (ii> thè securities (other than exempted securi credit was thereafter maintained in maximum loan value of the collateral ties3). Where the credit is to be used accordance with the requirements of this shall be as prescribed from time to time in the ordinary course of business of such part, and where any such credit is so in § 207.5(b) (the Supplement to Reg person, such credit is presumed to be for secured, no other collateral shall have ulation G ). the purpose of purchasing or carrying any loan value in respect to such credit (3) Any convertible security origi registered equity securities unless the for the purposes of this part. nally eligible as collateral for a credit ex lender has in his records statements ob (j) Withdrawals and substitutions of tained and executed in conformity with tended under the paragraph shall be collateral.— (1) General rule. Except as treated as such as long as continuously the requirements of paragraph (e) of this section. permitted by the next subparagraph and held as collateral for such credit even by § 207.4(a), while a lender maintains though it ceases to be convertible or to (2) The prohibition of this paragraphany purpose credit extended after Feb (f) shall not apply to a credit which is carry warrants or rights. ruary 1,1968, the lender shall not at any (4) In the event that any stock is sub unsecured or secured by collateral other time permit any withdrawal or substitu stituted for a convertible security held as than registered equity securities, and which is (i) made to a dealer (as defined tion of collateral unless either (i) tn collateral for a credit extended under credit would not exceed the maximum this section the stock and any credit ex in § 220.2(a) of Part 220 of this chapter loan value of the collateral after sue tended on it in compliance with this part (Regulation T )) to aid in the distribution withdrawal or substitution, or (n) tn of securities to customers not through shall thereupon be treated as subject tó credit is reduced by at least the amoun paragraph (c) of this section and not to the medium of a national securities ex by which the maximum loan value oi any change, or (ii) subordinated to the collateral deposited is less than the re 1 See § 207.2(d). tention requirement” of any collate 2 See § 207.2(g). * As defined in 15 U.S.C. 78c (12). withdrawn. The retention requirement
FEDERAL REGISTER, VOL. 33, NO. 27— THURSDAY, FEBRUARY 8, 1968 RULES AND REGULATIONS 2693 of collateral other than registered equity scribe to or purchase a stock registered granted such officer or employee under securities is the same as its maximum on a national securities exchange is for a stock option plan or employee stock loan value and the retention requirement the purpose of purchasing or carrying purchase plan adopted by the corpora of collateral consisting of registered such registered equity securities. tion and approved by a majority of its equity securities or securities convertible (d) The term “registered equity secu stockholders to purchase registered into registered equity securities is pre rity” means any equity security4 which equity securities of such corporation or scribed from time to time in § 207.5 (the (1) is registered on a national securities subsidiary, Supplement to Regulation G ). exchange; or (2) has unlisted trading (1) Sections 207.1 (c), (d), (f), (g), (2) Same-day substitution of collat privileges on a national securities ex (h ), and (i) shall not apply to any such eral. Except as prohibited by § 207.4(a) a change, or (3) is exempted by the Secu credit extended to finance the exercise lender may permit a substitution of reg rities and Exchange Commission from of such rights granted to any named of istered equity securities effected by a the operation of section 7(c)(2) of the ficer or employee prior to February 1, purchase and sale on orders executed Securities Exchange Act of 1934 (15 1968, and effectively exercised by such within the same day: Provided, That (i) U.S.C. 78g(c) (2)) only to the extent officer or employee prior to February 1, if the proceeds of the sale exceed the necessary to render lawful any direct or 1969, nor to any credit extended, prior to total cost of the purchase, the credit indirect extension or maintenance of February 1, 1969, to a plan-lender pur is reduced by at least an amount equal - credit on such security; or (4) any secur suant to a bona fide written commitment to the retention requirement in respect ity convertible with or without consider in existence on February 1, 1968, to fi-. to the sale less the retention requirement ation into such registered equity security nance the exercise of such rights; in respect to the purchase, or (ii) if the or carrying any warrant or right to sub total cost of the purchase exceeds the (2) The restrictions imposed by § 207.1 scribe to or purchase such registered (c) and (d) and § 207.5 (the supplement proceeds of the sale, the credit may be equity security, or any such warrant or increased by an amount no greater than to this part) on the maximum loan value right. of registered equity securities serving as the maximum loan value of the securities (e) (1) The term “purchase” includes purchased less the maximum loan value collateral for a purpose credit shall not any contract to buy, purchase, or other apply to securities purchased, and serv of the securities sold. If the maximum wise acquire. loan value of the collateral securing the ing as direct or indirect collateral for credit has become less than the amount (2) The term “sale” includes any concredit extended, pursuant to such a plan, of the credit, the amount of the credit tract to sell or otherwise dispose of. Provided, That : may nonetheless be increased if there (f) The term “customer” includes any (i) The entire amount of credit ex is provided additional collateral having recipient of the credit to whom credit tended to any officer or employee pur maximum loan value at least equal to the is extended directly or indirectly for the suant to this paragraph in connection amount of the increase, or the credit use of the customer, and also includes with the exercise of rights under such is extended pursuant to § 207.4(a). any person engaged in a joint venture, plan or plans shall be considered a single or as a member of a syndicate or a group, credit; § 207.2 Definitions. with the customer with respect to a pur (ii) At the time when credit is extended For the purpose of this part, unless pose loan. under a plan subject to this paragraph, the context otherwise requires: (g) The term “indirectly secured” in (a) the plan-lender computes the (a) The term “person” means an in cludes, except as provided ih § 207.4(a) amount by which the credit exceeds the dividual, a corporation, a partnership, an (3), any arrangement as to assets of the maximum loan value of the collateral as association, a joint stock company, a customer which (1) serves to protect prescribed by § 2Q7.5 (the supplement to business trust, or an unincorporated the interests of the lender, (2) serves to Regulation G) (the “deficiency” ), and organization. make assets of the borrower more read (&) the agreement under which the (b) The term “in the ordinary course ily available to the lender than to other credit is extended provides that except of his business” means occurring or rea creditors of the borrower, or (3) under as permitted by the proviso in subdivi sonably expected to ocfcur from time to which the borrower surrenders the right sion (iii) of this subpargraph the officer time in the course of any activity of to dispose of assets so long as the credit or employee shall, in respect to such de the lender for profit or the management remains outstanding. ficiency, make equal repayments to the and preservation of property or in addi § 207.3 Reports and records. plan-lender at least quarterly and equiv tion, in the case of a lender other than alent to at least 20 percent of such defi an individual, carrying out or in further (a) Every person who is registered ciency per annum, or such lesser amount ance of any business purpose. pursuant to § 207.1(a) of this part shall as the Board of Governors, upon applica (c) The “purpose” of a credit is de within thirty (30) days following the tion, may permit, for at least 3 years termined by substance rather than form. end of each succeeding calendar quarter from the extension of the credit; (1) Credit which is for the purpose, file a report on Federal Reserve Form (iii) The officer or employee is not per whether immediate, incidental, or ulti G-4 with the Federal Reserve Bank of mitted under such plan or agreement to mate, of purchasing or carrying a regis the district in which the principal office sell, withdraw, pledge, or otherwise dis tered equity security is “purpose credit”, of the lender is located. pose of all or any part of such collateral despite any temporary application of (b) Every person who has registered until (a) all repayments have been made funds otherwise. pursuant to § 207.1(a) of this part shall for at least the 3-year period provided (2) Credit to enable the customer to maintain such records as shall be pre in subparagraph (ii) and the deficiency reduce or retire indebtedness which was scribed by the Board of Governors of has been repaid, or (b) the maximum originally incurred to purchase a regis- the Federal Reserve System to enable it loan value of the collateral, as prescribed ered equity security is for the purpose to perform the functions conferred upon by § 207.5 (the supplement to Regulation oi carrying” such a security. it by the Securities Exchange Act of 1934 G ), is at least equal to the credit which ,(3) Credit for the purpose of pur (15 U.S.C. 78). remains owing from the officer or em chasing or carrying a security issued by § 207.4 Miscellaneous provisions. ployee to the plan-lender, whichever shall investment company registered pur occur first: Provided, That this restric suant to section 8 of the Investment (a) Stock option and employee stocktion need not apply where such collateral '-'Ompany Act of 1940 (15 U.S.C. 80a-8), purchase plans. In respect to any credit, extended and maintained by a corpora is required to'be sold to meet emergency whose assets customarily include regis- expenses arising from circumstances not cred equity securities, is for the purpose tion or by a lender wholly controlled by such corporation (such corporations and reasonably foreseeable at the time of Purc,hasing or carrying such regis the extension of the credit (for this pur tered equity securities, such lenders are both sometimes referred pose such emergency expenses shall in (4) Credit for the purpose of pur- to as “plan-lenders”) , to an officer or em clude the death, disability, or involuntary ployee of the corporation or subsidiary vprikig -or carryinS any security con- termination of employment of the officer Hrm i 6 m^°. ® stock registered on a na- thereof to finance the exercise of rights or employee or some other change in his ritv sec^ m exchange or any secu- circumstances, involving extreme hard ty carrying a warrant or right to sub 1 As defined in 15 U.S.C. 7 8 c(a )(ll). ship, not reasonably foreseeable at the
No. 27-----2 FEDERAL REGISTER, VOL. 33, NO. 27— THURSDAY, FEBRUARY 8, 1968 2694 RULES AND REGULATIONS time the credit is extended. The oppor posit of additional collateral or the re (2) Section 207.1(a) is revised to re tunity to realize monetary gain is not a duction of such credit. In determining quire that any person (other than a bank “change in his circumstances” for this whether there has been an extension of or broker-dealer) who in any calendar purpose); and credit subject to the provisions of this quarter ended after October 20,. 1967, ex (iv) At such time as either of thepart and Part 220 or 221 of this chapter, tends or arranges for the extension of conditions with respect to sale, with and whether he can rely in good faith on $50,000 or more, or has outstanding drawal, pledge, or other disposition of the statement described herein, the per $100,000 or more, in credit against col collateral specified in subdivision (iii) of son shall (1) be alert to the circum lateral that includes registered equity this subparagraph are satisfied; the stances surrounding the credit and (2) if securities, must register with the Federal credit is thereafter treated as a credit he has any information which would Reserve within the 3 0-day period after subject to all the requirements of this cause a prudent man not to accept the the close of such calendar quarter. An part. statement without inquiry must have additional period to register—to April 10, (3) No extension of credit to a plan-investigated and be satisfied that the 1968—is provided to permit persons who lender to finance such a plan shall be credit either is not subject to such part, had such credit outstanding during the deemed to be indirectly secured by a or is extended and maintained in con calendar quarter ended December 31, registered equity security purchased pur formity with such part. 1967, time to register. suant to the plan provided such security (g) Arranging for credit. A lender may (4) Section 207.1(c) is revised to con is not repledged by the plan-lender to arrange for the extension or mainte tain the definition of “lender” and to secure such extension of credit to the nance of credit by any person upon the provide that margin requirements of the plan-lender and the amount of the credit same terms and conditions as those upon regulation apply only to credit extended does not exceed the total amount of which the lender, under the provisions of or arranged for by lenders who are sub credit currently extended by such plan- this part, may himself extend or main ject to the registration requirement of lender pursuant to such plan. tain such credit, but only upon such § 207.1(a). The definition of “lender” is (b) List of securities. In determining terms and conditions, except that this broaddhed in certain respects and nar whether a security is a registered equity limitation shall not apply with respect rowed in others. No person will be a security or a security convertible into to the arranging by a lender for a bank “lender” unless the purpose credit which such security, or a security of the kind subject to Part 221 of this chapter (Reg he extends, maintains, or arranges, is described in § 207.2(c) (3), a lender may ulation U) to extend or maintain credit secured by collateral that includes regis rely upon the latest list of equity securi on registered securities or exempted tered equity securities (as defined in ties registered on a national securities securities. § 207.2(d)) and unless he is also subject to the registration requirements of exchange and securities of the kind de § 207.5 Supplement. scribed in § 207.2(c) (3) issued by the § 207.1(a). Board of Governors of the Federal Re (a) Maximum loan value of registered (5) Section 207.1(d) is revised to pro equity securities. For the purpose of serve System. vide a separate loan value for convertible (c) Extensions and renewals. The re § 207.1, the maximum loan value of any security collateral against credit for the newal or extension of maturity of a cred registered equity security except con purpose of purchasing or carrying regis it need not be treated as the extension vertible securities subject to § 207.1(d) tered equities. of a credit if the amount of the credit shall be 30 percent of its current market (6) Section 207.1(e) is revised to pro is not increased except by the addition value, as determined by any reasonable vide that a lender shall obtain and pre of interest or service charges on the method. serve certain statements in connection credit or of taxes on transactions in con (b) Maximum loan value of convert with credit that is secured by registered nection with the credit. ible securities subject to § 207.1(d). For equity securities. (d) Reorganization or recapitaliza the purpose of § 207.1, the maxiixium loan (7) Section 207.1(f) (proposed as (c>) tion: Nothing in this part shall be con value of any security against which credit is revised to provide that the prohibi strued to prohibit withdrawal or substi is extended pursuant to § 207.1(d) shall tions of this section shall apply only to tution of securities to enable a customer be 50 percent of its current market value, unsecured credit or credit on registered to participate in a reorganization or re as determined by any reasonable method. equity securities. As proposed, this sec capitalization. (c) Retention requirement. For the tion had encompassed all credit extend (e) Mistakes in good faith. Failure to purpose of § 207.1, in the case of a loan ed on other than exempted securities. A comply with this part due to a mechani which would exceed the maximum loan provision is also added to indicate that cal mistake made in good faith in deter value of the collateral following a with loans to a broker/dealer which are sub mining, recording, or calculating any drawal of collateral, the “retention re ordinated to claims of general creditors, credit, balance, market price, or loan quirement” of a registered equity secur in the manner described therein (or value, or other similar mechanical mis ity and of a security against which credit dinarily contributions to the capita} take, shall not constitute a violation of is extended pursuant to § 207.1(d) shall of such broker/dealer), are not subject this part if promptly after discovery of be 70 percent of its current market value, to the prohibition of this section. the mistake the lender takes whatever as determined by any reasonable method. (8) Section 207.1(g) (proposed as (d)) action is practicable to remedy the non- 2a. This regulation is promulgated is redesignated and revised to Pr0™r compliance. pursuant to section 7 of the Securities that the section applies only to credit (f) Acting as agent. No person shall Exchange Act of 1934 (15 U.S.C. 78g). extended after February 1,1968. act as agent for any lender, bank, or As indicated in the notice of proposed (9) Sections 207.1 (h) and (i) (both creditor subject to this part and Part rule making with respect to this regula proposed as (e )) are redesignated and 220 or 221 of this chapter (Regulations tion F ederal R e g is te r of Oct. 26, 1967; revised to provide that the sections apply G, T, or U) extending, maintaining or 32 F.R. 14853), the rule is directed only to credit extended after February 1» arranging for any credit which the agent against excessive credit flowing into the 1968. knows, or should know, is secured directly securities markets, especially credit in (10) Section 207.1 (j) (proposed as or indirectly by any registered security circumvention of the other provisions of ( f ) ) is redesignated and revised to pro unless the agent obtains and accepts in section 7. Proposals published in the vide that the section does not apply t good faith a statement signed by such notice of proposed rule making that have credit extended under § 207.4(a), lender, bank, or creditor that he does not been revised and the reasons therefor new section, and does not apply to ere extend or maintain credit to or for cus are as follows: extended before February 1, 1968. tomers in violation of such part. For this (1) Part 207 is revised throughout to substitute the term .“extension of credit” (11) Sections 207.2 (a), (b), Cc), and purpose, such activities of an “agent” (g) (proposed as (i)) are rewoyped J include, but are not limited to receiving for the term “loan” (with corresponding the sake of clarification without change securities to be used as collateral for conforming changes as necessary), in such credit, determining whether the order to clarify that the regulation covers in substance. certain transactions that might not (12) Section 207.2(d) is changed from market value of the collateral for such a definition of “registered security w credit is adequate, and requiring the de strictly speaking be considered loans.
FEDERAL REGISTER, VOL. 33, NO. 27— THURSDAY, FEBRUARY 8, 1968 RULES AND REGULATIONS 2695 a definition of “registered equity secu termining whether such an extension of § 220.2 Definitions. rity” and incorporates appropriate pro credit has taken place, the agent must For the purposes of this part, unless visions o f proposed section 207.2(f). be alert to all circumstances and have (13) Proposed §§ 207.2 (e) and (f) are no information that would put a prudent the context otherwise requires: dropped. The provisions of proposed man on inquiry, and that if pursued with (a) The terms “person,” “member,” § 207.2(f) are incorporated in § 207.2(d). reasonable diligence, would reveal that “broker,” “dealer,” “buy,” “purchase,” (14) Sections 207.2 (e) and (f) (pro the credit is subject to such part, or is “sale,” “sell,” “security,” “equity secu posed as (g) and (h) ) are redesignated. not being maintained in conformity with rity,” and “bank” have the meanings Section 207.2(f) is reworded for the such part. given them in section 3(a) of the Act sake o f clarification without change in (20) Section 207.4(g) is redesignated, (15 U.S.C. 78c(a)). substance. having been proposed as § 207.4(f). (b) The term “creditor” means any (15) A new section 207.4(a) is inserted b. With the exception of changes in member of a national securities exchange covering credit extended by corporations § 207.1(e), relating to use of a prescribed or any broker or dealer who transacts a and controlled lenders (both referred to form, these amendments were adopted business in securities through the me as “plan-lenders” ) to finance the exer by the Board after consideration of all dium of any such member. cise o f stock options or stock purchase relevant material that was presented by (c) The term “customer” includes any rights u n der plans designed to encourage interested persons. In the Board’s view, person, or any group of persons acting acquisition of a proprietary interest in the changes in § 207.1(e), which are de jointly, Cl) to or for whom a creditor is the corp oration . Under this section (a) signed to make uniform the evidentiary extending or maintaining any credit, or credit ex ten d ed to finance exercise of requirements of such section, are pro (2) who, in accordance with the ordinary rights gran ted to named officers or em cedural in nature. Accordingly, the usage of the trade, would be considered ployees p rio r to February 1, -1968, will Board concluded that the notice and a customer of the creditor. It includes, in not be su b je ct to initial margin require public procedure contemplated by sec case the creditor is a firm, any partner ments, or to restrictions on withdrawals tion 553 of Title 5, United States Code, in the firm who would be considered a and substitutions of collateral, provided was unnecessary with respect to such customer of the firm if he were not a such rights are exercised prior to Febru changes. Although the Board received partner, and includes any joint adven ary 1,1969. Plan-lenders extending such requests that hearings be held in con ture in which a creditor participates and credit w ill, however, be subject to thè nection with these amendments, or that which would be considered a customer of registration and reporting requirements opportunity be afforded to present ma the creditor if the creditor were not a of the regu lation , (b) Credit extended to terial orally, such requests were denied participant. finance the exercise of such options and because the collection of written data, (d) The term “registered security” rights w ill not be subject to initial mar views, and arguments was determined by means any security which (1) is reg gin requirements, provided th e credit is the Board to be the most appropriate istered on a national securities exchange; subject to certain safeguards designed and effective method of formulating the or (2) in consequence of its having un to make it less likely that the credit will amendments to the regulation. listed trading privileges on a national be repaid with proceeds of the sale of securities exchange is deemed, under the the securities, (c) Some plan-lenders Dated at Washington, D.C., this 1st provisions of section 12(f) of the Act borrow in order to finance extensions of day of February 1968. (15 U.S.C. 781), to be registered on a credit under the plans. Where credit is By order of the Board of Governors. national securities exchange; or (3) is extended to plan-lenders in reliance on exempted by the Securities and Ex the general assets of the corporation, and - [ s e a l ] R o be r t P. F o r r e s ta l, change Commission from the operation securities being purchased under the Assistant Secretary. of section 7(c) (2) of the Act (15 U.S.C. plans are not within the control of in [F.R. Doc. 68-1530; Piled, Feb. 7, 1968; 78g(c) (2)) only to the extent necessary stitutions supplying such credit, it is less 8:45 a.m.] to render lawful any direct or indirect likely that the securities will be sold in extension or maintenance of credit on the market in the event, for example, of [Reg. T] such security or any direct or indirect a decline in their market price, or de arrangement therefor which would not fault by individual borrowers. Accord PART 220— CREDIT BY BROKERS, have been unlawful if such security had ingly, cred it extended to a plan-lender DEALERS, AND MEMBERS OF NA been a security (other than an exempted for this purpose will not be deemed to TIONAL SECURITIES EXCHANGES security) registered on a national securi be indirectly secured by any registered ties exchange. 1. Effective March 11, 1968, §§ 220.1 to equity securities purchased pursuant to (e) The term “exempted security” has the plan, so long as the securities are not 220.8 of Part 220 are amended to read as follows; the meaning given it in section 3(a) of repledged with the institutional lender. the Act (12 U.S.C. 78c (a) (12)) except In addition, credit extended to a plan- Sec. that the term does not include a security lender p rior to February 1, 1969, pur 220.1 Scope of part. which is exempted by the Securities and suant to a b o n a fide written commitment 220.2 Definitions. 220.3 General accounts. Exchange Commission from the opera in existence on February 1, 1968, to fi 220.4 Special accounts. tion of section 7(c)(2) of the Act (12 nance such plans will not be subject to 220.5 Borrowing by members, brokers, and U.S.C. 78g(c) (2)) only to the extent margin requirements. dealers. described in paragraph (d) (3) of this (17) Sections 207.4 (b), (c), and (e) 220.6 Certain technical details. section. are redesignated, having been proposed 220.7 Miscellaneous provisions. (f) The term “nonequity security” as §§ 207.4 ( a ) , (b ), and (d). 220.8 Supplement. „ means any security other than an equity (18) Section 207.4(d) is redesignated, Au th o r ity : §§ 220.1 to 220.8 issued under security or an exempted security. having been proposed as § 207.4(c), and sec. 7 of the Securities and Exchange Act of is revised to indicate that the privilege 1934 (15 U.S.C. 78g). § 220.3 General accounts. afforded by the section applies to re (a) Contents of general account. All capitalizations. § 220.1 Scope o f part. financial relations between a creditor , (19) Section 207.4(f) is redesignated, This part is issued by the Board of and a customer, whether recorded in one having been proposed as § 207.4(e), and Governors of the Federal Reserve System record or in more than one record, shall mhsed to make it clear that the para- (hereinafter called the “Board” ) pur be included in and be deemed to be parts graph applies to services rendered as suant to the Securities Exchange Act of of the customer’s general account with agent of a person extending credit sub 1934 (called the “Act” in this part), par the creditor, except that the relations ject to Part 207, 220, or 221, and that ticularly section 7 and 8(a) thereof (15 which § 220.4 permits to be included in ? Prohibition of the paragraph applies U.S.C. 78g, 78h(a)), and applies to every any special account provided for by that th + H. ,agent knows or should know member of a national securities exchange section may be included in the appropri Jhat there is an extension of credit sub and to every broker or dealer who trans ate special account, and all transactions ii:’ . to one or more of those parts. The acts a business in securities through the in commodities, and, except to the extent vision also makes it clear that in de medium of any such member. provided in paragraph (b) (2) of § 220.3,
FEDERAL REGISTER, VOL. 33, NO. 27— THURSDAY, FEBRUARY 8, 1968 2696 RULES AND REGULATIONS all transactions in nonequity sècurities, ties having loan value in such account on March 11, 1968, and continuously exempted securities, and in other securi counted at their maximum loan value at thereafter. ties having no loan value in a general least equal to the “retention require (3) A warrant or certificate which account under the provisions of. § 220.3 ment” of those securities, or (iii) cash evidences only a right to subscribe to or (c) and § 220.8 (the supplement to may be withdrawn upon the deposit in otherwise acquire any security and which Regulation T) (except unissued securi the general account, the special bond ac expires within 90 days of issuance shall ties, short sales, and purchases to cover count subject to § 220.4(i), or the special have no loan value in a general account, short sales and contracts involving an convertible security account subject to special bond account subject to § 220.4(i), indorsement or guarantee of any put, § 220.4(j) of securities having a maxi or special convertible security account call, or other option) shall be included mum loan value in such account at least subject to § 220.4(j); but, if the account in the appropriate special account pro equal to the amount of cash withdrawn, contains the security to the holder of vided for by § 220.4. During any period or (iv) upon the sale (other than the which such warrant or certificate has when such § 220.8 specifies that regis short sale) of securities having loan been issued and such warrant or certif tered equity securities shall have no loan value in the general account, the special icate is held in an appropriate account value in a general account, any trans bond account subject to § 220.4 (i), or the maintained by the creditor for the cus action consisting of a purchase of a secu special convertible security account sub tomer the current market value of such rity other than a purchase of a security ject to § 220.4(j) there may be withdrawn security (if such security is a registered to reduce or close out a short position in cash an amount equal to the difference security) shall, for the purpose of calcu shall be effected in the special cash ac between the current market value of the lating its maximum loan value, be in count provided for by § 220.4(c) or in securities sold and the “retention re creased by the current market value of some other appropriate special account quirement” of such securities, or (v) such warrant or certificate. provided for by § 220.4. upon the sale (other than the short sale) (4) For the current market value of (b) General rule. (1 )A creditor shallof a registered nonequity security or an a security throughout the day of its pur not effect for or with any customer4n a exempted security that was held in the chase or sale, the creditor shall use its general account or special bond account general account on March 11, 1968, and total cost or the net proceeds of its sale, subject to § 220.4 (i) or special conver continuously thereafter, there may be as the case may be, and at any other tible security account subject to § 220.4 withdrawn in cash an amount equal to time shall use the closing sale price of (j) any transaction which, in com the difference between the current the security on the preceding business bination with the other transactions ef market value of the securities sold and day as shown by any regularly published fected in such account on the same day, the “retention requirement” of those reporting or quotation service. In the creates an excess of the adjusted debit securities as prescribed in § 220.8 (the absence of any such closing sale price, balance of such account over the maxi supplement to Regulation T ). the creditor may use any reasonable esti mate of the market value of such security mum loan value of the securities in such (3) Rules for computing the maximum account, or increases any such excess, as of the close of business on such pre loan value of the securities in a general ceding business day. unless in connection therewith the credi account, special bond account subject to tor obtains, as promptly as possible and (d) Adjusted debit balance. For the § 220.4(c), or special convertible secu purpose of this part, the adjusted debit in any event before the expiration of 5 rity account subject to § 220.4(j) and the. full business days following the date of balance of a general account, special adjusted debit balance of such account bond account subject to § 220.4 (i) or such transaction, the deposit into such are provided in paragraphs (c) and (d) account of cash or securities in such special convertible security account sub of this section, and certain modifications ject to § 220.4(j) shall be calculated by amount that the cash deposited plus of and exceptions to the general rule the maximum loan value of the securi taking the sum of the following items: stated in this paragraph are provided in (1) The net debit balance, if any, of ties deposited equals or exceeds the ex the subsequent paragraphs of this sec cess so created or the increase so caused. such account; tion and in § 220.6. (2) The total cost of any securities (2) Except as permitted in this sub- (c) Maximum loan value and current(other than unissued securities) bought paragraph, no withdrawal of cash or market value. (1) The maximum loan for such account but not yet debited registered or exempted securities shall be value of the securities in a general ac thereto; permissible if the adjusted debit balance count, special bond account subject to (3) The current market value of any of the account (whether the general ac § 220.4(i), or special convertible secu securities (other than unissued secu count, the special bond account subject rity account subject to § 220.4(j) is the rities) sold short in such account plus, to § 220.4 (i) ), or the special convertible sum of the maximum loan values of the for each such security (other than an security account subject to § 220.4(j) individual securities in such account, in exempted security), such amount as the would exceed the maximum loan value of cluding securities (other than unissued Board shall prescribe from time to time the securities in such account after such securities) bought for such account but in § 220.8 (the supplement to Regulation withdrawal. The exceptions are available not yet debited thereto, but excluding T) as the margin required for such short only in the event no cash or securities securities sold for such account whether sales, except that such amount so pre* need to be deposited in such account in or not payment has been credited scribed in such § 220.8 need not be in connection with a transaction on a previ thereto. cluded when there are held in sucn ous day and none would need to be (2) Except as otherwise provided in account securities exchangeable or con deposited thereafter in connection with this paragraph, the maximum loan value vertible within 90 calendar days, without any withdrawal of cash or securities on of a security in a general account, special restriction other than the payment o the current day. The permissible excep bond account subject to §221.4(i), or money, into such securities sold short, tions are (i) registered nonequity or ex special convertible security account sub (4) The amount of margin specinea empted securities held in the general ject to § 220.4(j) shall be such maximum by paragraph (h) of this section account on March 11, 1968, and con loan value as the Board shall prescribe every net commitment in such acco tinuously thereafter, may be withdrawn from time to time in § 220.8 (the sup in unissued securities, plus all unre. „ , upon the deposit in the account of cash plement to Regulation T ). No collateral losses on each commitment in (or registered equity securities counted other than an exempted security or a securities and minus all unrealized g at their maximum loan value) at least registered nonequity security held in (not exceeding the required margin) equal to the “retention requirement” of such account on March 11, 1968, and each commitment in unissued secur > such withdrawn securities, or (ii) except continuously thereafter, or registered and as provided in (i) of this subparagraph, equity security shall have any loan value (5) The amount of any margm cu - securities having loan value in the gen in a general account except that a regis tomarily required by the creditor in eral account, the special bond account tered equity security eligible for a special nection with his endorsement or gu subject to § 220.4 (i), or the special con tee of any put, call or other option, vertible security account subject to convertible bond account pursuant to § 220.4(j> may be withdrawn upon the § 220.4(j) shall have loan value in a gen and deducting therefrom the sum of the deposit in the account of cash or securi eral account only if held in the account following items;
FEDERAL REGISTER, VOL. 33, NO. 27— THURSDAY, FEBRUARY 8, 1968 RULES AND REGULATIONS 2697
(6) T h e net credit balance, if any, of of the securities in such account is cre § 220.4 Special accounts. such account; and ated or increased on a given day shall be (7) The net proceeds of sale of any (a) General rule. (1) Pursuant to this determined on the basis of all the trans section, a creditor may establish for any securities (other than unissued secu actions in the account on such day ex rities) sold for such account but for clusive of any deposit of cash, deposit of customer one or more special accounts. which payment has not yet been credited securities, covering transaction or other (2) Each such special account shall thereto. liquidation that has been effected on such be recorded separately and shall be con fined to the transactions and relations In case such account is the account of day, pursuant to the requirements of specifically authorized for such account a partner of the creditor or the account paragraphs (b) or (e) of this section, in by the appropriate paragraph of this of a joint adventure in which the creditor connection with a transaction on a pre vious day. In any case in which an ex section and to transactions and relations participates, the adjusted debit balance incidental to those specifically au shall be computed according to the fore cess so created, or increased so caused, thorized. An adequate record shall be going rule and the supplementary rules by transactions on a given day does not maintained showing for each such ac prescribed in § 220.6 (a) and (b ). exceed $100, the creditor need not obtain count the full details of all transactions (e) Liquidation in lieu of deposit.* In the deposit specified therefor in subpara in the account. graph (b) (1) of this section. Any trans any case in which the deposit required (3) A special account established pur by paragraph (b) o f this section, or any action which serves to meet the require suant to this section shall not be used portion th e re o f, is not obtained by the ments of paragraph (e) of this section or in any way for the purpose of evading or creditor within the 5 -day period speci otherwise serves to permit any offsetting transaction in an account shall, to that circumventing any of the provisions of fied therein, registered nonexempted se this part. If a customer has with a curities sh all be sold (or, to the extent extent, be unavailable to permit any creditor both a general account and one that there are insufficient registered other transaction in such account. For or more such special accounts, the credi nonexempted securities in the general the purposes of this part (Regulation T ), tor shall treat each such special account account, special bond account subject if a security has maximum loan value under paragraph (c).(l) of this section, as if the customer had with the creditor to § 220.4( i ) , or special convertible se no general account, special bond account curity a ccou n t subject to § 220.4(j) other in a general account, special bond ac count subject to § 220.4(i), or special subject to § 220.4 (i), or special con liquidating transactions shall be effected vertible security account subject to in such a c c o u n t ), prior to the expiration convertible security account subject to § 220.4(j). § 220.4(j), a sale of the same security of such 5-day period, in such amount (4) The only other conditions to which that the resulting decrease in the ad (even though not the same certificate) in such account shall be deemed to be a transactions in such special accounts justed debit balance o f such account ex shall be subject under the provisions of ceeds, by an amount at least as great as long sale and shall not be deemed to be or treated as a short sale. this part shall be such conditions as are such required deposit or the undeposited specified in the appropriate paragraph of portion th e re o f, the “retention require (h) Unissued securities. (1) The this section and in §§ 220.2, 220.6, or ment” o f an y registered or exempted se amount to be included in the adjusted 220.7. curities sold : Provided, That a creditor debit balance of a general account, (b) Special omnibus account. In a is not required to sell securities or to special bond account subject to § 220.4 special omnibus account, a member of a effect oth er liquidating transactions (i) , or special convertible security ac national securities exchange may effect specified by this paragraph in an amount count subject to § 220.4(j) as the margin and finance transactions for a broker or greater th an necessary to eliminate the required for a net long commitment in dealer from whom the member accepts excess o f th e adjusted debit balance of unissued securities shall be the current such accoun t over the maximum loan market value of the net amount of unis in good faith a signed statement to the effect that he is subject to the provisions value of the securities remaining in such sued securities long minus the maximum account a fte r such liquidation. loan value which such net amount of of this part (or that he does not extend securities would have if they were issued qr maintain credit to or for customers (f) Extensions of time. In exceptional except in accordance therewith as if he cases, the 5-day period specified in para registered securities field in such ac count; and the amount to be so included were' subject thereto) and from whom graph (b) of this section may, on appli the member receives (1) written notice, cation of the creditor, be extended for as the margin required for a net short commitment in unissued securities shall pursuant to a rule of the Securities and one or more limited periods commensu Exchange Commission concerning the rate with the circumstances by any regu be the amount which would be required as margin for the net amount of unissued hypothecation of customers’ securities by larly constitu ted committee of a national brokers or dealers (§ 240.8c-l of this securities exchange having jurisdiction securities short if such securities were issued securities and were sold short in chapter (Rule 8c -l) or § 240.15c2-l of over the business conduct of its mem- this chapter (Rule 15c2-l)), to the effect bers, of w h ich exchange the creditor is a such account: Provided, That no amount need be included as margin for a net that all securities carried in the account member or through which his transac will be carried for the account of the tions are effected, provided such com short commitment in unissued securities when there are held in such account customers of the broker or dealer and mittee is satisfied that the creditor is (2) written notice that any short sales acting in g ood faith in making the appli securities in respect of which the un effect in the account will be short sales cation and that the circumstances are issued securities are to be issued, nor for made in behalf of the customers of the m fact exceptional and warrant such any net position in unissued securities aetaon. that are exempted securities. broker or dealer other than his partners. (c) Special cash account. (1) In a spe (g) Transactions on given day. For (2) Whenever a creditor, pursuant to a purchase of an unissued security for cial cash account, a creditor may effect Purposes of .paragraph (b) of this for or with any customer bona fide cash section, the question of whether or not a customer, receives an issued security which is not a registered or exempted transactions in securities in which the ? excess of the adjusted debit balance creditor may: a general account, special bond ac- security, the creditor shall treat any payment by him for such issued security (i) Purchase any security for, or sell ^ nt subject to § 220.4 (i), or special any security to, any customer, provided s 99ne^ le ^ond account subject to as a transaction (other than a with ** FEDERAL REGISTER, VOL. 33, NO. 27— THURSDAY, FEBRUARY 8, 1968 2698 RULES AND REGULATIONS vided the security is held in the account plication relates to a bona fide cash dealer, a creditor may rely upon a written or the creditor is informed that the cus transaction, and that exceptional cir statement which he accepts in good faith tomer or his principal owns the security cumstances warrant such action, such from such other broker or dealer. and the purchase or sale is in reliance committee, on application of the creditor, (d) Special arbitrage account. In a upon an agreement accepted by the cred may (i) extend any period specified in special arbitrage account, a member of a itor in good faith that the security is to subparagraphs (2), (3), (4) or (5) of national securities exchange may effect be promptly deposited in the account. this paragraph for one or more limited and finance for any customer bona fide (2) in case a customer purchases a periods commensurate with the circum arbitrage transactions in securities. For security (other than an exempted secu stances, or (ii), in case a security pur the purposes of this paragraph, the term rity) in the special cash account and does chased by the customer in the special “arbitrage” means (1) a purchase or not make full cash payment for the se cash account is a registered or exempted sale of a security in one market together curity within 7 days after the date on security, authorize tra n sfer of the with an offsetting sale or purchase of the which the security is so purchased, the transaction to a general account, spe same security in a different market at as creditor shall, except as provided in sub- cial bond account subject to § 220.4(i), nearly the same time as practicable, for paragraphs (3) to (7) of this paragraph, special convertible security account sub the purpose of taking advantage of a promptly cancel or otherwise liquidate ject to § 220.4(j), or special omnibus ac difference in prices in the two markets, the transaction of the unsettled portion count and completion of the transaction or (2) a purchase of a security which is, thereof. pursuant to the provisions of this part without restriction other than the pay (3) If the security when so purchased relating to such an account. ment of money, exchangeable or con is an unissued security, the period appli (7) The 7-day periods specified in this vertible within 90 calendar days follow cable to the transaction under subparar paragraph refer to 7 full business days. ing the date of its purchase into a second graph (2) of this paragraph shall be 7 The 35-day period and the 90-day period security together with an offsetting sale days after the date on which the secu specified in this paragraph refer to cal at or about the same time of such second rity is made available by the issuer for endar days, but if the last day of any such security, for the purpose of taking ad delivery to purchasers. If the security period is a Saturday, Sunday, or holiday, vantage of a disparity in the prices of when so purchased is a “when dis such period shall be considered to end the two securities. tributed” security which is to be dis on the next full business day. For the (e) Special commodity account. In a tributed in accordance with a published purposes of this paragraph, a creditor special commoditly account, a creditor plan, the period applicable to the trans may, at his option, disregard any sum may effect and carry for any customer action under subparagraph (2) of this due by the customer not exceeding $100. transactions in commodities. paragraph shall be 7 days after the date (8) Unless funds sufficient for the pur (f) Special miscellaneous account. In on which the security is so distributed. If pose are already in the account, no a special miscellaneous account, a cred the security when so purchased is a new security other than an exempted secur itor may: security issued or to be issued for the ity shall be purchased for, or sold to, any (1) With the approval of any regu purpose of refunding outstanding secu customer in a special cash account with larly constituted committee of a na rities which mature, or are to be pay the creditor if any security other than tional securities exchange having juris able upon presentation for redemption, an exempted security has been pur diction over the business conduct of its within 35 days of the date on which the chased by such customer in such an ac members, extend and maintain credit new security is made available by the is count during the preceding 90 days, to meet the emergency needs of any suer for delivery to purchasers, the pe and then, for any reason whatever, with creditor; riod applicable to the transaction under out having been previously paid for in subparagraph (2) of this paragraph shall full by the customer, the security has (2) (i) Extend and maintain credit, be 7 days after such maturity or pay been sold in the account or delivered out (a) to or for any partner of a firm which ment date: Provided, That.this sentence to any broker or dealer: Provided, That is a member of a national securities ex shall apply only to the payment of that an appropriate committee of a national change to enable such partner to make portion of the purchase price that does securities exchange or a national secur a contribution of capital to such firm, not exceed 103 percent of the amount ities association, on application of the or to purchase stock in an affiliated that will be payable to the purchaser of creditor, may authorize the creditor to corporation of such firm; or (b) to or the new security upon such maturity of, - disregard for the purposes of this sub- for any person who is or will become or payment for, securities owned by him paragraph any given instance of the type the holder of stock of a corporation at the time of the purchase. therein described if the committee is which is a member of a national secu (4) If any shipment of securities is satisfied that both creditor and customer rities exchange to enable such person incidental to the consummation of the to purchase stock in such dorporation, are acting in good faith and that circum or to purchase stock in an affiliated transaction, the period applicable to the stances warrant such authorization. For transaction under subparagraph (2) of corporation of such corporation; pro the purposes of this subparagraph, the vided the lender as well as the borrower this paragraph shall be deemed to be ex cancellation of a transaction, otherwise tended by the number of days required is a partner in such member firm or a than to correct an error, shall be deemed stockholder in such member corporation, for all such shipments, but not by more to constitute a sale. The creditor may- than 7 days. or the lender is a firm or a stockholder m disregard for the purposes of this sub- such member corporation, or the lender (5) If the creditor, acting in good faith paragraph a sale without prior payment is a firm or corporation which is a mem in accordance with subparagraph (1) of provided full cash payment is received ber of a national securities exchange this paragraph, purchases a security for within the period described by subpara and the borrower is a partner in such a customer, or sells a security to a cus graph (2) of this paragraph aijd the firm or a stockholder in such corpora tomer, with the understanding that he is customer has not withdrawn the pro tion; to deliver the security promptly to the ceeds of sale on or before the day on customer, and the full cash payment to be which such payment (and also final pay (ii) Extend and maintain subordi made promptly by the customer is to he ment of any check received in that con nated credit to another creditor for made against such delivery, the creditor nection) is received. The creditor may capital purposes: Provided, That, may at his option treat the transaction so disregard a delivery of a security to (a) Either the lender or the borrower as one to which the period applicable another broker or dealer provided such is a firm or corporation which is a men*‘ under subparagraph (2) of this para delivery was for deposit into a special ber of a national securities exchange, graph is not the 7 days therein specified cash account which the latter broker or the other party to the credit is an am - but 35 days after the date of such pur dealer maintains for the same customer ated corporation of such member n chase or sale. or corporation, and, in addition to t and in which account there are already fact that an appropriate committee (6> If an appropriate committee of a sufficient funds to pay for the security so national securities exchange or a na the exchange is satisfied that the cr tional securities association is satisfied purchased; and for the purpose of deter is not in contravention of any ruie that the creditor is acting in good faith mining in that connection the status of a the exchange, the credit has the appro in making the application, that the ap- customer’s account at another broker or of such committee, or FEDERAL REGISTER, VOL. 33, NO. 27— THURSDAY, FEBRUARY 8, 1968 RULES AND REGULATIONS 2699 (b) The lender as well as the borrower pose other than purchasing or carrying the credit, in an amount equal to at least is a member of such exchange, the credit or trading in securities. twice the required payment or portion has the approval of an appropriate com (g) Specialist’s account. Ip a special thereof for the first two such liquida mittee of the exchange, and the com account designated as a specialist’s ac tions, at least equal to the required pay mittee, in addtion to being satisfied that count, a creditor may effect and finance, ment or portion thereof for the third the'credit is not in contravention of any for any member of a national ¿securities such liquidation, and at least sufficient rule of the exchange, is satisfied that the exchange, who is registered and acts as so that the remaining credit does not credit is outside the ordinary course of a specialist in securities on the exchange, exceed the current maximum loan value the lender’s business, and that, if the such member’s transactions as a spe of the remaining collateral after the borrower’s firm or corporation or an cialist in such securities, or effect and fourth such liquidation: Provided, ThaJ affiliated corporation of such firm or finance, for any joint adventure in which no such liquidation need be in an amount corporation does any dealing in secu the creditor participates, any transac greater than is necessary so that the re rities for its own account, the credit is tions in any securities of an issue with maining credit does not exceed the not for the purpose of increasing the respect to which all participants, or all maximum loan value of the remaining amount of such dealing. participants other than the creditor, are collateral determined as of the date the (iii) For the purpose of subdivisions registered and act on a national securi credit was extended: And provided fur (i) and (ii) of this subparagraph, the ties exchange as specialists. Such spe ther, That as to loans made between Oc term “affiliated corporation” means a cialist’s account shall be subject to the tober 20, 1967, and March 11, 1968 such corporation all the common stock of same conditions to which it would be four succeeding periods shall begin on which is owned directly or indirectly by subject if it were a general account except March 11,1968; and the member firm or general partners that if the specialist’s exchange, in ad (3)- The creditor shall not permit any and employees of the firm, or by the dition to the other requirements appli withdrawal of cash or securities from the member corporation or holders of voting cable to specialists, is designated by the account as long as the remaining credit stock and employees of the corporation Board of Governors of the Federal Re exceeds the maximum loan value of the and an appropriate committee of the serve System as requiring reports suit remaining collateral in the account, ex exchange has approved the member able for supplying current information cept that when the remaining credit firm’s or member corporation’s affiliation regarding specialists’ use of credit pur extended in connection with a given ac with such affiliated corporation. suant to this paragraph, the require quisition of securities in the account has (3) P u rch ase any security from any ments of § 220.6(b) regarding joint ad become equal to or less than the max customer w h o is a broker or dealer, or ventures shall not apply to such account imum loan value of such securities as seU any security to any such customer: and the maximum loan value of a regis prescribed in § 220.8 (the supplement to Provided, That the creditor acting in tered security in such account shall be Regulation T) (or in connection with an good faith purchases or sells the security as determined by the creditor in good acquisition after Oct.. 20, 1967, the re for delivery, against full payment of the faith. quirements of subparagraph (2) of this purchase price, as promptly as practi (h) Special subscriptions account. In section have been fulfilled), such securi cable in accordance with the ordinary a special subscriptions account a creditor ties shall be transferred to the general usage o f th e trade; may effect and finance the acquisition of account (or, if eligible, to a special con (4) E ffect and finance, for any mem a registered security for a customer vertible security account pursuant to ber of a national securities exchange who through the exercise of a right to acquire § 220.4 (j)) together with any remaining is registered and acts as an odd-lot such security which is evidenced by a portion of such debit. In order to facil dealer in securities on the exchange, such warrant or certificate issued to stock itate the exercise of a right in accordance member’s transactions as an odd-lot holders and expiring within 90 days of with the provisions of this paragraph, a dealer in such securities, or effect and issuance, and such special subscriptions creditor may permit the right to be finance, fo r any joint adventure in which account shall be subject to the same con transferred from a general account to the creditor participates, any transac ditions to which it would be subject if it the special subscriptions account without tions in any securities of an issue with were a general account, except that: regard to any other requirement of this respect to which all participants, or all (1) Each such acquisition shall be part. participants other than the creditor, are treated separately in the account, and (1) Special bond account. In a special registered and act on a national securi prior to initiating the transaction the bond account a creditor may effect and ties exchange as odd-lot dealers; creditor shall obtain a deposit of cash finance transactions in exempted securi (5) E ffect transactions for and finance in the account such that the cash de ties and registered nonequity securities jmy join t adventure or group in which posited plus the maximum loan value of for any customer. the creditor participates and in which the securities so acquired equals or ex (j) Special convertible security ac all participants are dealers (whether such ceeds the subscription price, giving effect count. In a special convertible security Participants be acting jointly or sever- to a maximum loan value for the securi account a creditor may extend credit on ¡ P . or an y member thereof or partici ties so acquired of 75 percent of their any registered equity security consisting pant therein, for the purpose of facili current market value as determined by of a security convertible into stock or a tating the undei'writing or distributing any reasonable method; security carrying a warrant or right to of all or p a rt of an issue of securities (i) (2) After October 20,1967, at the time subscribe to or purchase stock. not through medium of a national securi when credit is extended pursuant to this (2) A special convertible security ac ties exchange, or (ii) the distribution of paragraph, the creditor shall compute count shall be subject to the same con *hich has been approved by the ap the amount by which the credit exceeds ditions to which it would be subject if it propriate committee of a national securi the maximum loan value of the collateral were a general account except that the ties exchange; ; . - - " :• as prescribed by § 220.8 and the customer maximum loan value of the securities in ,9 Effect for any customer the col shall reduce the credit by an amount the account shall be as prescribed from lection o r exchange (other than by sale equal to at least one-fourth of such sum time to time in § 220.8 (the supplement to Regulation T ). or Purchase) of securities deposited by by the end of each of the four succeeding ®e customer specifically for such pur 3-calendar-month periods or until the (3) Any security which ceases to be an poses, and (subject to any other appli- credit does not exceed the current max equity security while held in this account able provisions of law) receive from or imum loan value of the collateral, which shall continue to be treated as an equity security as long as it is continuously held or any customer, and pay out or deliver ever shall occur first, and, if the creditor in this account. o or for any customer, any money or fails to obtain the required quarterly re securities; duction or a portion thereof with respect (4) In the event that any stock is sub stituted for security held in this account (7) Effect and carry for any customer to a particular acquisition within 5 full business days after such reduction is due, such stock shall thereupon be trans ansactions in foreign exchange; and ferred to the customer’s general account (8) Extend and maintain credit to or the creditor shall promptly liquidate a against a deposit of cash or registered r any customer without collateral or portion of the collateral so acquired and equity securities eligible for an extension any collateral whatever for any pur- . apply the proceeds of the sale to reduce of credit in this account (counted at their FEDERAL REGISTER, VOL. 33, NO. 27— THURSDAY, FEBRUARY 8, 1968 2700 RULES AND REGULATIONS maximum loan value) equal to at least to the items specified in § 220.3(d), any receipt of payment of the amount of such the maximum loan value of the security amount by which the creditor’s contribu sight draft; and (3) in the case of the re for which such substitution is made. tion to the joint adventure exceeds the ceipt in good faith of written or tele contribution which he would have made graphic notice in connection with a spe § 220.5 Borrowing by members, brok if he had contributed merely in propor cial omnibus account of a customer not ers, and dealers. tion to his right to share in the profits of located in the same city that a specified (a) General rule. It is unlawful for the joint adventure. security or a check or draft has been dis any creditor, directly or indirectly, to (c) Guaranteed accounts. No guaran patched to the creditor, treat the receipt borrow in the ordinary course of business tee of a customer’s account shall be given of such notice as receipt of such security, as a broker or dealer on any registered any effect for purposes of this part. check or draft: Provided, however, That security (other than an exempted se (d) Transfer of accounts. (1) In the if the creditor receives notice that such curity) except: event of the transfer of a general account Check, draft, order, or sight draft de (1) From or through a member bank special bond account subject to § 220.4 scribed in subparagraphs (1), (2), or (3) of the Federal Reserve System; or (i) , or special convertible security of this paragraph is not paid on the day (2) From any nonmember bank which account subject to § 220.4(j), from one of presentation, or if such security, check shall have filed with the Board an agree creditor to another, such account may be or draft described in subparagraph (3) ment which is still in force and which is treated for the purposes of this part as of this paragraph is not received by the in the form prescribed by this part; or if it had been maintained by the trans creditor within a reasonable time, the (3) To.the extent to which, under the feree from the date of its origin: Pro creditor shall promptly take such action provisions of this part, loans are per vided, That the transferee accepts in as he would have been required to take mitted between members of a national good faith a signed statement of the by the appropriate provisions of this securities exchange and/or brokers transferor that no cash or securities need part if the provisions of this paragraph and/or dealers, or loans are permitted to be deposited in such account in connec had not been utilized. meet emergency needs. tion with any transaction that has been (g) Interest, service charges, etc. (1) (b) Agreements of nonmember banks. effected in such account or, in case he Interest on credit maintained in a gen An agreement filed pursuant to section finds that it is not practicable to obtain eral account, special bond account sub 8(a) of the Act (15 U.S.C. 78h(a)) by a such a statement from the transferor, ject to § 220.4 (i), or special convertible bank not a member of the Federal Re accepts in good faith such a signed state security account subject to § 220.4(j), serve System shall be substantially in ment from the customer. communication charges with respect to the form contained in Form F.R. T-2 if (2) In the event of the transfer of atransactions in such account, shipping the bank has its principal place of busi general account special bond account charges, premiums on securities bor ness in a territory or insular possession subject to § 220.4(i), or special convert rowed in connection with short sales or of the United States, or if it has an office ible security account subject to § 220.4 to effect delivery, dividends or other dis or agency in the United States and its (j ) , from one customer to another, or to tributions due on borrowed securities, principal place of business outside the others, as a bona fide incident to a trans and any service charges (other than United States. The agreement filed by action that is not undertaken for the . commissions) which the creditor may any other nonmember bank shall be in purpose of avoiding the requirements of impose, may be debited to such account substantially the form contained in Form this part, each such transferee account in accordance with the usual practice F.R. T -l. Any nonmember bank which may be treated by the creditor for the and without regard to the other provi has executed any such agreement may purposes of this part as if it had been sions of this part, but such items so terminate the agreement if it obtains the maintained for the transferee from the debited shall be taken into consideration written consent of the Board. Blank date of its origin: Provided, That the in calculating the net credit or net debit forms of such agreements, information creditor accepts in good faith and keeps balance of such account. regarding their filing or termination, and with such transferee account a signed (2) A creditor may permit interest, information regarding the names of non statement of the transferor describing dividends, or other distributions received member banks for which such agree the circumstances giving rise to the by the creditor with respect to securities ments are in force, may be obtained from transfer. in a general account, special bond ac any Federal Reserve bank. (e) Reorganizations. A creditor may, count subject to § 220.4(i), or special (c) Borrowing from other creditors. A without regard to the other provisions of convertible security account subject to creditor may borrow from another this part, effect for a customer the ex § 220.4(j), to be withdrawn from such creditor in the ordinary course of busi change of any registered or exempted. account only on condition that the ad ness as a broker or dealer on any reg security in a general account special bond justed debit balance of such account does istered security to the extent and subject account subject to § 220.4(i), or special not exceed the maximum loan value at to the terms upon which the latter may convertible security account subject to the securities in such account after such extend credit to him in accordance with § 220.4(j), for the purpose of participat withdrawal, or on condition that (i) the provisions of this part, and subject ing in a reorganization or recapitaliza- such withdrawal is made within 35 days to any other applicable provisions of law. '/ tion in which the security is involved: after the day on which, in accordance Provided, That if an unregistered non- with the creditor’s usual practice, such § 220.6 Certain technical details. exempted security is acquired in ex interest, dividends or other distributions (a) Accounts of partners. In case a change, the creditor shall not, for a are entered in such account, (ii) such general account special bond account period of 60 days following such acqui entry in the account 1ms not served in subject to § 220.4 (i), or special convert sition, permit the withdrawal of such the meantime to permit in the account ible security account subject to § 220.4 security or the proceeds of its sale from any transaction which could not other (j), is the account of a partner of the such account except to the extent that wise have been effected in accordance creditor, the creditor, in calculating the such security or proceeds could be with with this part, and (iii) any cash wit - adjusted debit balance of such account drawn if the security were a registered drawn does not represent any arrearage and the maximum loan value of the secu security. on the security with respect to which it rities therein, shall disregard the (f) Time of receipt of funds or se was distributed, and the current partner’s financial relations with the curities. For the purposes of this part, a value of any securities withdrawn aoes firm as reflected in his capital and creditor may, at his option (1) treat the not exceed 10 percent of the curre ordinary drawing accounts. receipt in good faith of any check or market value of the security with respe (b) Contribution to joint adventure. draft drawn on a bank which in the ordi to which they were distributed. Failure In case a general account special bond nary course of business is payable on by a creditor to obtain in a sehe presentation, or any order on a savings account, special bond account subj ^ account subject to § 220.4(i), or special to § 220.4 (i) , or special convertible s convertible security account subject to bank with passbook attached which is so § 220.4(j), is the account of a joint payable, as receipt of payment of the curity account subject to § 220.40). adventure in which the creditor par amount of such check, draft, or order; cash or securities that are distnbu (2) treat the shipment of securities in with respect to any security ih sue ticipates the adjusted debit balance count shall, except to the extent tha of such account shall include, in addition good faith with sight draft attached as FEDERAL REGISTER, VOL. 33, NO. 27— THURSDAY, FEBRUARY 8, 1968 RULES AND REGULATIONS 2701 withdrawal would be permitted under that any security in an account ceases credit subject to the provisions of Part the preceding sentence, be deemed to to be registered or exempted, and (3) 207, 220, or 221 of this chapter, and be a transaction in such account which any change in the maximum loan values whether he can rely in good faith on the occurs on the day on which the distribu or margin requirements prescribed by statement described herein, the creditor tion is payable and which requires the the Board under this part. In maintain must (1) be alert to the circumstances creditor to obtain in accordance with ing any such credit, the creditor may ac surrounding the extension of credit and § 220.3(b) a deposit of cash or maximum cept or retain for his own protection ad (2) if he has any information that would loan value of securities at least as great ditional collateral of any description, cause a prudent man not to accept the as that of the distribution. including unregistered securities. statement without inquiry, must have (h) Borrowing and lending securities. (c) Declaration as to purpose of loan. investigated and be satisfied that the Without regard to the other provisions Every extension of credit on a registered credit either is not subject to such part of this part, a creditor (1) may make security (other than an exempted secu or is extended or maintained in conform a bona fide deposit of cash in order to rity) shall be deemed to be for the pur ity with the provisions of such part. borrow securities (whether registered or pose of purchasing or carrying or trading unregistered) for the purpose of making in securities, unless the creditor has ac § 220.8 Supplement. delivery of such securities in the case cepted in good faith a written statement (a) Maximum loan value for genral of short sales, failure to receive secu by the customer signed by the customer accounts. The maximum loan value of rities he is required to deliver, or other which shall state the use to be made of scurities in a general account subject to similar cases, and (2) may lend secu such credit and which shall state § 220.3 shall be rities for such purpose against such a specifically that such credit is neither (1) Of a registered nonequity security deposit. for the purpose of purchasing or carry held in the account on March 11, 1968, (i) Credit for clearance of securities. ing or trading in securities nor for the and continuously thereafter and of a The extension or maintenance of any purpose of evading or circumventing the registered equity security (except as pro credit which is maintained for only a provisions of this part. To accept the vided In 5 220.3(c) and 5 220.8(b)), 30 fraction of a day (that is, for only part customer’s statement in good faith, the percent of the current market value of of the time between the beginning of creditor must (1) be alert to the circum such securities. business and midnight on the same day) stances surrounding the extension of (2) Of an exempted security held in shall be disregarded for the purposes of credit and (2) if he has any information the account on March 11, 1968, and con this part, if it is incidental to the clear which, would cause a prudent man not tinuously thereafter the maximum loan ance of transactions in securities directly to accept the statement without inquiry, value of the security as determined by the between members of a national securi have investigated and be satisfied that creditor in good faith. ties exchange or through an agency or the customer’s statement is truthful. A (b) Maximum loan value for special ganized or employed by such members for creditor may rely upon such a written convertible security account. The max the purpose of effecting such clearance. statement if accepted in accordance with imum loan value of a registered equity (j) Foreign currency. If foreign cur this paragraph. rency is capable of being converted with security eligible for a special convertible out restriction into United States cur (d) Reports. Every creditor shall security account pursuant to 5 220.4(j) make such reports as the Board may shall be 50 percent of the current market rency, a creditor acting in good faith value of the security. may treat any such foreign currency in require to enable the Board to perform the functions conferred upon it by the (c) Margin required for short sales. an account as a credit to the account in Act. an amount determined in accordance The amount to be included in the ad with customary practice. (e) Additional requirements by ex justed debit balance of a general account, (k) Innocent mistakes. If any failure changes and-creditors. Nothing in this pursuant to 5 220.3(d)(3), special bond to comply with this part results from a part shall (1) prevent any exchange account pursuant to § 220.4 (i), or special mechanical mistake made in good faith from adopting and enforcing any rule or convertible security account subject to in executing a transaction, recording, de- regulation further restricting the time or 5 220.4(j) as margin required for short terming, or calculating any loan, balance, manner in which its members must ob sales of securities (other than exempted market price, or loan value, or other simi tain initial or additional margin in cus securities) shall be 70 percent of the cur lar matter, the creditor shall not be tomers’ accounts because of transactions rent market value of each such security. deemed guilty of a violation of this part effected in such accounts, or requiring (d) Retention requirement. (1) In the If promptly after the discovery of such such members to secure or maintain case of a general account which would mistake he takes whatever action may higher margins, or further restricting have an excess of the adjusted debit be practicable in the circumstances to the amount of credit which may be ex balance of the account over the maxi remedy such mistake. tended or maintained by ;them, or (2) mum loan value of the securities in the modify or restrict the right of any credi account following a withdrawal of cash S 220.7 Miscellaneous provisions. tor to require additional security for the or securities from the account, pursuant (a) Arranging for loans by others. A maintenance of any credit, to refuse to to 5 220.3(b) (2), the “retention require creditor may arrange for the extension or extend credit,, or to sell any securities or ment” of an exempted security held in maintenance of credit to or for any cus property held as collateral for any loan the account on March 11, 1968, and con tomer of such creditor by any person or credit extended by him. tinuously thereafter shall be equal to its upon the same terms and conditions as (f) Acting as agent. No creditor shall maximum loan value as determined by those upon which the creditor, under act as agent of any person extending the creditor in good faith, and the “re the provisions of this part, may him credit which the creditor knows or tention requirement” of a registered self extend or maintain such credit to should know is secured directly or in nonequity security held in the account uch customer, but only upon such directly by any registered security unless on March 11, 1968, and continuously w u S4.-and conditions, except that this the creditor accepts in good faith a state thereafter and of a registered equity limitation shall not apply with respect ment signed by such person that he does security shall be 70 percent of the cur tf16 arranging by a creditor for a bank not extend or maintain credit to or for rent market value of the security. subject to Part 221 of this chapter (Regu- borrowers in violation of Part 207, 220, (2) In the case of a special convertible rp“.°n to extend or maintain credit on or 221 of this chapter (Regulation G, T, security account subject to 5 220.4(j) ties 6red securities or exempted securi- or U). For this purpose, such activities which would have an excess of the ad of an “agent” include, for example, re justed debit balance of the account over (b) Maintenance of credit. Except ceiving securities to be used as collateral the maximum loan value of the securities otherwise specifically forbidden by tl for such credit, determining whether in the account following a withdrawal out ; ^ J ? re No. 27------8 FEDERAL REGISTER, V O L 33r NO. 27— THURSDAY, FEBRUARY 8, 1968 2702 RULES AND REGULATIONS (3) For the purpose of effecting a207, 220, or 221. In determining whether directly or indirectly1 by any stock3 for transfer from a general account to a spe there has been an extension of credit, the purpose of purchasing or carrying cial convertible security account subject and whether he can rely on such a state any stock registered on a national secu to § 220.4(j), the retention requirement ment, the creditor is required to be alert rities exchange8 (and no bank shall ex of a security described in § 220.4(j) shall to the circumstances surrounding the tend any credit described in § 221.3(q) be 70 percent of its current market value. transactions and to exercise the diligence regardless of whether or not such credit is secured by any stock) in an amount (e) Securities having no loan value inwhich a reasonable man would show in investigating those circumstances. exceeding the maximum loan value of general account. No securities other than the collateral, as prescribed from time an exempted security or a registered b. With the exception of the adoption of § 220.7(f), relating to a creditor act to time for stocks in § 221.4 (the supple nonequity security held in the account on ment to Regulation U) and as deter March 11, 1968, and continuously there ing as agent, these amendments were adopted by the Board after consideration mined by the bank in good faith for after, and a registered equity security credit subject to § 221.3 (s) for any col shall have any loan value in a general ac of all relevant material that was pre sented by interested persons. In the lateral other than stocks : Provided, That count except that a registered equity unless held as collateral for such credit security eligible for the special convert Board’s view, the adoption of § 220.7(f), which is designed to conform with simi on October 20, 1967, and continuously ible security account pursuant to § 220.4 thereafter, any collateral other than (j) shall have loan value only if held in lar provisions affecting banks and other lenders in Parts 221 and 207 of this stock shall have loan value for the pur the account on March 11,1968, and con pose of this part only as collateral for a tinuously thereafter. Chapter (Regulations U and G) that be come effective March 11,1968, are neces credit which is not secured by stock, as 2a. These amendments are promul sary to prevent circumvention of the described in § 221.3 (s), and any collateral gated pursuant to section 7 of the Se Board’s margin rules. Accordingly, the consisting of convertible securities de curities Exchange Act of 1934 (15 U.S.C. Board concluded that the notice and scribed in § 221.3 (t) shall have loan value 78g). As indicated in the notice of pro public procedure contemplated by section only for the purpose of that section, and posed rule making with respect to these 553 of Title 5, United States Code, were not for other crçdit subject to this part. amendments (F ederal R e g is te r of Oct. impractical and contrary to the public (b) Substitutions and withdrawals. 26,1967; 33 F.R. 14855), they are directed interest with respect to such changes. Except as permitted in paragraph (c), of against excessive credit flowing into the Although the Board received requests this section, while a bank maintains any securities markets, especially credit in that hearings be held in connection with credit subject to this part, whenever ex circumvention of the other provisions these amendments, or that opportunity tended, the bank shall not at any time of section 7. Proposals published in the be afforded to present materially orally, permit any withdrawal or substitution notice of proposed rule making that have such requests were denied because the of .collateral unless either (1) the credit been revised and the reasons therefor collection of written data, views, and would not exceed the maximum loan are as follows: arguments was determined by the Board value of the collateral after such with (1) Section 220.4(h) has been revised to be the most appropriate and effective drawal or substitution, or (2) the credit to provide that when a customer fails to method of formulating the amendments is reduced by at least thé amount by make a required deposit in a special sub to the regulation. which the maximum loan value of scription account, the creditor will be any collateral deposited is less than required to liquidate collateral in an Effective date. These amendments the “retention requirement” of any col amount sufficient so that the remaining shall become effective on March 11,1968, lateral withdrawn. The “retention re credit is in nearly the same proportion except § 220.3 (b) and ( f), which shall quirement” of collateral other than stock to the collateral remaining in the ac become effective on February 5, 1968. is the same as its maximum loan value count after liquidation as it would have The effective date of the amended and the “ retention requirement” of col been had the customer made the required § 220.3 (b) and (f) was deferred for less lateral consisting of stock is prescribed payment. This section has been further than the 30-day period referred to in from time to time in § 221.4 (the supple revised to provide that when the require section 553(d) of Title 5, United States ment to Regulation U ). ments of paragraph (h) have been met, Code, because the only change therein (c) Same-day transactions. Except as the securities held as collateral in the was to relax a restriction. provided in § 221.3 (r) (1), a bank may account shall be transferred to the cus Dated at Washington, D.C., this 1st permit a substitution of stock whether tomer’s general account, together with day of February 1968. registered or unregistered, effected by a any remaining portion of the debit in the purchase and sale on orders executed special subscription account. By order of the Board of Governors. within the same day: Provided, That (U (2) Section 220.3(e) has been revised [ s e a l ] R obert P. F o r r e sta l, if the proceeds of the sale exceed the to provide that where a customer fails to Assistant Secretary. total cost of the purchase, the credit is make a deposit required under para [F.R. Doc. 68-1550; Filed, Feb. 7, 1968; reduced by at least an amount equal to graph (b) of that section, the creditor 8:45 a.m.] the “retention requirement” with respect need not effect liquidating transactions to the sale less the “retention require in the customer’s general account in an ment” with respect to the purchase, or amount greater than is necessary to [R eg. U] (2) if the total cost of the purchase ex bring the account into a fully margined PART 221— CREDIT BY BANKS FOR ceeds the proceeds of the sale, the credit status. THE PURPOSE OF PURCHASING OR may be increased by an amount no (3) A new § 220.4(j) has been adopted CARRYING REGISTERED STOCKS greater than the maximum loan value o to provide a special account in which a the stock purchased less the maximum creditor may extend credit on a regis 1. Effective March 11, 1968, the part tered equity security convertible into loan value of the stock sold. If the max heading for Part 221 is amended to read imum loan value of the collateral secur stock in an amount separate from that as set forth above and §§ 221.1 to 221.4 permitted in the general account. Con are amended to read as follows: ing the credit has become less than the forming changes were made throughout amount of the credit, the amount of t e Sec. to provide for the new account and the 221.1 General rule. credit may nonetheless be increased i special bond accounts in § 220.4(i). 221.2 Exceptions to general rule. there is provided additional collatera (4) A new § 220.7(f) has been adopted, 221.3 Miscellaneous provisions. having maximum loan value at leas parallel to similar provisions adopted 221.4 Supplement. equal to the amount of the increase. in Parts 207 and 221, forbidding a credi Au t h o r it y : §§221. to 221.4 issued under tor to act as agent in connection with an sec. 7 of the Securities Exchange Act of 1934 extension of credit secured by registered (15 U.S.O. 78g). 1 As defined in § 221.3(c). securities unless he obtains a statement * As defined in § 221.3 ( l). "purpose § 221.1 General rule. » Sometimes referred to as a from the person extending the credit to and 221.3 the effect that the person does not extend (a) Purpose credit secured by stock.credit”. See §§ 221.3(b), 221.3(f), credit except in conformity with Part No bank shall extend any credit secured ( m ) . FEDERAL REGISTER, VOL. 33, NO. 27— THURSDAY, FEBRUARY 8, 1968 RULES AND REGULATIONS 2703 (d) Single credit rule. For the pur nary course of business upon arrival of the statement without inquiry, have in pose of this part, except for credit sub the securities or upon completion of the vestigated and be satisfied that the ject to § 221.3 (s) or (t), the entire transfer: Provided, That the credit is customer’s statement is truthful. amount of the credit extended to any not extended to a person described in (b) Purpose of credit. The “purpose of customer by any bank at any time for § 221.3 (q ): And provided further, That a credit” is determined by substance the purpose of purchasing or carrying it is either (1) extended to a broker or rather than form. stocks registered on a national securities dealer, or (2) for a purpose other than (1) Credit which is for the purpose, exchange shall be considered a single to enable the customer to pay for stock whether immediate, incidental, or ulti credit; and all the collateral securing purchased in an account subject to Part mate, of purchasing or carrying a stock such indebtedness shall be considered 220 of this chapter (Regulation T ) ; is “purpose credit,” despite any tem in determining whether or not the loan (h) Any credit which is to be repaid porary application of funds otherwise. complies with this part. on the calendar day on which it is ex (2) Credit to enable the customer to § 221.2 Exceptions to general rule. tended: Provided, That the credit is not reduce or retire indebtedness which was extended to a person described in § 221.3 originally incurred to purchase a stock Notwithstanding the provisions of (q ): And provided further, That it is is for the purpose of “carrying” such a § 221.1, a bank may extend and may either (1) extended to a broker or dealer, security. m aintain any credit for the purpose or (2) extended for a purpose other than (3) Credit for the purpose of purchas specified in § 221.1, without regard to to enable the customer to pay for stock ing or carrying a security issued by an the limitations prescribed therein, or in purchased in an account subject to Part investment company registered pursuant § 221.3 (t) if the credit comes within any 220 of this chapter (Regulation T ) ; to section 8 of the Investment Company of the following descriptions: (i) Any credit extended outside the Act of 1940 (15 U.S.C. 80a-8), whose (a) Any credit extended to a bank or States of the United States and the Dis assets customarily include registered to a foreign banking institution; trict of Columbia; stocks, is for the purpose of purchasing (b) Any credit extended to a “plan- (j) Any credit extended to a member or carrying such stocks. lender” as defined in § 207.4 (jl) of Part of a national securities exchange for the 207 of this chapter (Regulation G) to (c) Indirectly secured. The term “in purpose of financing his or his custom directly secured” includes any arrange finance a plan described therein: Pro ers’ bona fide arbitrage transactions in vided, That in no event does the bank ment as to assets of the customer which securities. For the purposes of this para (1) serves to protect the interest of the have recourse to any stock purchased graph, the term “arbitrage” means (1) bank, (2) serves to make assets of the pursuant to such plan; a purchase or sale of a security in one (c) Any credit extended to a dealer, market together with an offsetting sale customer more readily available to the or to two or more dealers, to aid in the or purchase of the same security in a bank than to other creditors of the financing of the distribution of secu different market at as nearly the same customer, or (3) under which the rities to customers not through the time as practicable, for the purpose of customer surrenders the right to dis medium of a national s e c u r i t i e s taking advantage of a difference in prices pose of assets so long as the credit re exchange; in the two markets, or (2) a purchase of a mains outstanding: Provided, That the (d) Any credit extended to a broker security which is, without restriction foregoing shall not apply to securities or dealer that is extended in exceptional other than the payment of money, ex held by the bank only in the capacity of circumstances in good faith to meet his changeable or convertible within 90 cal custodian, depositary, or trustee, or under emergency needs; endar days following the date of its pur similar circumstances, if the bank in (e) Any credit extended to a broker chase into a second security together good faith has not relied upon such or dealer secured b y ' any securities with an offsetting sale at or about the securities as collateral in the extension which, according to written notice re same time of such second security, for or maintenance of the particular credit. ceived by the bank from the broker or the purpose of taking advantage of a (d) List of registered stocks. In de dealer pursuant to a rule of the Secu disparity in the prices of the two securi termining whether a security is a “stock rities and Exchange Commission con ties; registered on a national securities ex cerning the hypothecation of customers* (k) Any credit extended to a member change” or a security described in para securities (§ 240.8C-1 of this chapter of a national securities exchange for the graph (b) (3) of this section, a bank may (Rule 8c-l) or (§ 240.15c2-l of this purpose of financing such members’ rely upon any reasonably current record chapter (Rule 15c2-l>), are securities transaction as an odd-lot dealer in se of such securities that is published or carried for the account of one or more curities with respect to which he is reg specified in a publication of the Board customers: Provided, That the bank istered on such national securities ex of Governors of the Federal Reserve accepts in good faith * from the broker change as an odd-lot dealer. System. A bank may also rely upon such a record to determine whether a stock or dealer a signed statement to the ef § 221.3 Miscellaneous provisions. fect that he is subject to the provisions into which a security, warrant, or right of Part 220 of this chapter (Regulation (a) Required statement as to stock-is convertible or exchangeable is a stock ' (or that he does not extend or main secured loan. In connection with an ex registered on a national securities ex tain credit to or for customers except in tension of credit secured directly or in change. accordance therewith as if he were sub directly by any stock, the bank shall ob (e) Renewals and extensions of ma ject thereto) ; tain and retain in its records for at least turity. The renewal or extension of .. ^ Any credit extended to finance 6 years after such credit is extinguished maturity of a credit need not be treated the purchase or sale of securities for a statement in conformity with the re as the extension of a credit if the amount Prompt delivery which is to be repaid in quirements of Federal Reserve Form U -l of the credit is not increased except by the ordinary course of business upon executed by the recipient of such exten the addition of interest or service charges completion of the transaction: Provided, sion of credit (sometimes referred to as in respect to the credit or of taxes on That the advance is not made to a per- the “customer” ) and executed and ac transactions in connection with the »on described in § 221.3 (q ): And pro cepted in good faith by a duly authorized credit. vided further, That it is either (1) ex officer of the bank prior to such exten (f) Transfers. A bank, without follow tended to a broker or dealer, or (2) ex sion. In determining whether or not an ing the requirements of. this part as to tended for a purpose other than to en- extension of credit is for the purpose the extension of a credit may: aoie the borrower to pay for stock pur- specified in § 221.1 or for any of the pur poses specified in § 221.2 the bank may (1) Permit the transfer of a credit 99nSe FEDERAL REGISTER, VOL. 33, NO. 27— THURSDAY, FEBRUARY 8, 1968 2704 RULES AND REGULATIONS an officer of the bank as having been so carrying any stock registered on a na exchange for the purpose of financing accepted, and kept with each such trans tional securities exchange, or any se such member’s transactions as a special feree account, or curity convertible * with or without con ist in such securities, the maximum loan (2) Accept the transfer of a credit sideration into such a stock or carrying value of any stock shall be as determined originally extended in conformity with any warrant or right to subscribe to or by the bank in good faith: Provided, the requirements of this part directly purchase or carry such a stock, or any That the specialist’s exchange, in addi from another bank; Provided, That the such warrant or right (such security, tion to other requirements applicable statement of purpose, executed by the warrant or right is sometimes referred to to specialists, is designated by the Board customer in connection with the original as a “security convertible into a stock of Governors of the Federal Reserve Sys extension of credit and accepted in good registered on a national securities ex tem as requiring reports suitable for sup faith and signed by an officer of the bank change” ), and (3) not excepted by plying current information regarding originally extending such credit in con § 221.2.. specialists’ use of credit pursuant to this formity with the requirements of § 221.3 (n) Segregation of collateral. (1) Thesection. (a), is obtained and kept with each bank shall identify all the collateral used (p) Subscriptions issued to stockhold such transferee account, And provided to meet the requirements of § 221.1 (the ers. An extension of credit need not com further, That any transfer pursuant to entire credit being considered a single ply with the other requirements of this this paragraph is made as a bona fide credit and collateral being similarly con part if it is to enable the customer to incident to a transaction not undertaken sidered, as required by § 221.1(d)) and acquire a stock by exercising a right to for the purpose of avoiding the require shall not cancel the identification of any acquire such stock which is evidenced ments of this part, the amount of the portion thereof except in circumstances by a warrant or certificate issued to credit is not increased and the collateral that would permit the withdrawal of stockholders and expiring within 90 days for the credit is not changed; and, after that portion. Such identification may be of issuance: Provided, That: such transfer, a bank may permit such made by any reasonable method, and (1) Each such acquisition under this withdrawals and substitutions of collat in the case of a credit outstanding at paragraph shall be treated separately, eral as are permitted in respect to a the opening of business on June 15, 1959, and the credit when extended shall not credit it extends subject to this part. need not be made until immediately be exceed 75 percent of the current market (g) Reorganizations and recapitaliza fore some change in that or other in value of the stock so acquired as deter tions. Nothing in this part shall be con debtedness of the customer or in col mined by any reasonable method; strued to prevent a bank from permitting lateral therefor. (2) After October 20, 1967, at the time withdrawals or substitutions of securi (2) Only the collateral required to be credit is extended pursuant to this para ties to enable a customer to participate so identified shall have loan value for graph, the bank shall compute the in a reorganization or recapitalization. purposes of § 221.1 or be subject to the amount by which the credit exceeds the restrictions therein specified with respect maximum loan value of the collateral as (h) Mistakes in good faith. No mistake prescribed by § 221.4 and the customer made in good faith in connection with to withdrawals and substitutions; and (3) For any credit extended to the shall reduce the credit by an amount at the extension or maintenance of a credit least equal to one-fourth of such sum shall be deemed to be a violation of this same customer that is not subject to by the end of each of the four succeeding part. § 221.1 (other than a credit described in 3-calendar month periods or until the (i) Action for bank’s own protection. §221.2 (b), (d), (f), (g), or (h)), the credit does not exceed the current maxi Nothing in this part shall be construed bank shall in good faith require as such mum loan value of the stock, whichever as preventing a bank from taking such collateral not so identified as the bank shall occur first, and if the bank fails to action as it shall deem necessary in good would require (if any) if it held neither obtain the required quarterly reduction faith for its own protection. the indebtedness subject to § 221.1 nor or a portion thereof with respect to a (j) Reports. Every bank, and every the identified collateral. This shall not particular acquisition within five full person engaged in the business of extend be construed, however, to require the business days after such reduction is due, ing credit who, in the ordinary course of bank, after it has extended any credit, to obtain any collateral therefor because the bank shall promptly sell a portion business, extends credit for the purpose of any deficiency in collateral already of the collateral so acquired and apply of purchasing or carrying securities reg the proceeds of the sale to reduce the istered on a national securities exchange, existing at the opening of business on credit, in an amount at least equal to shall make such reports as the Board of June 15,1959, or any decline in the value twice the required payment or portion Governors of the Federal Reserve Sys or quality of the collateral or in the thereof for the first two such reductions, tem may require to enable it to perform credit rating of the customer. at least equal to the required payment the functions conferred upon it by the (4) Nothing in this part shall require or portion thereof for the third such re Securities Exchange Act of 1934 (15 a bank to waive or forego any lien, and duction, and at least sufficient so that U.S.C. 78). nothing in this part shall apply to a the remaining credit does not exceed the (k) Definitions. Except as otherwise credit extended to enable the customer current maximum loan value of the provided in this part, terms herein have to meet emergency expenses not reason remaining collateral after the fourth the meanings assigned to them in section ably foreseeable, provided the extension such reduction: Provided, That no such 3(a) of the Securities Exchange Act of of credit is supported by a statement ex reduction need be in an amount greater 1934 (15 U.S.C. 78c (a )), except that the ecuted by the customer and accepted in than is necessary so that the remaining term “bank” does not include a bank good faith and signed by an officer of the credit does not exceed the maximum which is a member of a national securi bank as having been so accepted in con loan value of the remaining collateral ties exchange. formity with the requirements of § 221.3 determined as of the date when tne (a). For this purpose, such emergency credit was extended: And provided ju - (l) Stock. The term “stock” includes expenses shall include expenses arising any security commonly known as a stock; ther, That as to credit extended between from circumstances such as the death October 20, 1967, and March any voting trust certificate or other in or disability of the customer, or some strument representing such a security; such four succeeding periods shall begin other change in his circumstances in on March 11, 1968; and any security convertible with or without volving extreme hardship, not reasonably consideration into such security, certifi (3) While the customer has any credit foreseeable at the time the credit was outstanding at the bank under this par cate, or other instrument, or carrying extended. The opportunity to realize any warrant or right to subscribe to or agraph no withdrawal of cash or sud monetary gain is not a “change in his stitution or withdrawal of stock-used purchase such a security; or any such circumstances” for this purpose. warrant or right. collateral for such extension of crea (o) Specialist. In the case of a creditshall be permissible, except that w (m) Credit subject to § 221.1. A “credit extended to a member of a national se subject to § 221.1” is a credit which is the remaining credit has become eq curities exchange who is registered and to or less than the maximum loanvaiue (1) secured directly or indirectly by any acts as a specialist in securities on the stock (or made to a person described of the remaining stock as prescnbed^. in paragraph (q) of this section), (2) ex § 221.1 or § 221.3 (t) in § 221.4 tended for the purpose of purchasing or 8 See also § 221.3 (r) and (t). plement to Regulation U ), whichever FEDERAL REGISTER, VOL. 33, NO. 27— THURSDAY, FEBRUARY 8, 1968 \ RULES AND REGULATIONS 2705 applicable (or with respect to credit or indirectly, by any stock, is a credit credit is adequate, and requiring the extended after Oct. 20, 1967, the require subject to §221.1 or §221.3(t), which deposit of additional collateral or the ments of the preceding clause have been ever is applicable: Provided, That any reduction of such credit. In determining fulfilled) the remaining stock and re reduction of the credit or deposit of col whether there has been an extension of lated indebtedness shall thereafter be lateral necessary to meet the require credit subject to the provisions of such treated as subject to § 221.1 or § 221.3 (t), ments of § 221.4 (the supplement to part, and whether it can rely in good w hichever is applicable, instead of this Regulation U) in respect to such credit faith on the statement described herein, paragraph. In order to facilitate the extended before March 11, 1968, need not the bank shall (1) be alert to the circum exercise of a right under this paragraph, be brought about before April 10,1968. stances surrounding the extension of a bank may permit the right to be with (s, Credit secured by collateral other credit and (2) if it has information that drawn from a credit subject to § 221.1 than stocks. A bank may extend credit would cause a prudent man not to accept without regard to any other requirement for the purpose of purchasing or carry the statement without inquiry, must of this part. ing a stock registered on a national have investigated and be satisfied that (q) Credit to certain lenders. Any securities exchange secured by collateral the credit either is not subject to such credit extended to a customer not subject other than stock, and, in the case of such part or is extended or maintained in con to this part or to Part 220 of this chapter credit, the maximum loan value of the formity with the provisions of such part. (Regulation T) engaged principally, or collateral shall be as determined by the (v) Arranging for credit. No bank as one of the customer’s important activ bank in good faith. shall arrange for the extension or main ities, in the business of extending credit (t) Credit on convertible securities. tenance of any credit for the purpose of for the purpose of purchasing or carry (1) A bank may extend credit for the purchasing or carrying any stock regis ing stocks registered on a national securi purpose specified in § 221.1 on collateral tered on a national securities exchange, ties exchange, is a credit for the purpose consisting of any security convertible except upon the same terms and condi of purchasing or carrying stocks so reg into a stock registered on a national tions on which the bank itself could istered unless the credit and its purposes securities exchange or any security extend or maintain such credit under the are effectively and unmistakably sepa carrying a warrant or right to subscribe provisions of this part. rated and disassociated from any financ to or purchase a stock so registered. § 221.4 Supplement. ing or refinancing, for the customer or (2) Credit extended under this para others, of any purchasing or carrying of graph shall be subject to the same condi (a) Maximum loan value of stocks. stocks so registered. Any credit extended tions as if it were subject to § 221.1 ex For the purpose of § 221.1, the maximum to any such customer, unless the credit cept: (i) The entire amount of such loan value of any stock, whether or not is so separated and disassociated or is credit shall be considered a single credit registered on a national securities ex excepted by §221.2, is a credit “subject treated separately from the single credit change, shall be 30 percent of its current to § 221.1” regardless of whether or not specified in § 221.1(d) and all the col market value, as determined by any the credit is secured by any stock; and no lateral securing such credit shall be reasonable method. bank shall extend any such credit subject considered in determining whether or (b) Maximum loan value of convert to § 221.1 to any such customer on or not the credit complies with this part, ible securities subject to § 221.3(f). For after June 15, 1959, without collateral and (ii) the maximum loan value of the the purpose of § 221.3 (t), the maximum or without the credit being secured as collateral shall be as prescribed from loan value of any security against which would be required by this part if it were time to time in § 221.4 (the supplement credit is extended pursuant to § 221.3 (t) secured by any stock. Any such credit to Regulation U ). shall be 50 percent of its current market subject to § 221.1 to any such customer, (3) Any convertible security originally ,value, as determined by any reasonable whether or not made after June 15, eligible as collateral for a credit extended method. 1959, shall be subject to the other provi under this paragraph shall be treated as (c) Retention requirement. For the sions of this part applicable to credit such as long as continuously held as col purpose of § 221.1, in the case of a loan subject to § 221.1, including provisions lateral for such credit even though it which would exceed the maximum loan regarding withdrawal and substitution ceases to be convertible or to carry war value of the collateral following a with of collateral. rants or rights. drawal of collateral, the “retention re (r) Convertible securities. (1) If, after (4) - In the event that any stock is subquirement” of a stock, whether or not June 15, 1959, and prior to October 21, stituted for a convertible security held registered on a national securities ex 1967, credit was extended for the purpose as collateral for a credit extended under change, and of a convertible security of purchasing or carrying a security con this paragraph, the stock and any credit subject to § 221.3(t), shall be 70 percent vertible into a stock registered on a na extended on it in compliance with this of its current market value, as deter tional securities exchange and the credit part shall thereupon be treated as sub mined by any reasonable method. was secured by such a security, and after ject to § 221.1 and the credit extended 2a. These amendments are promul October 20, 1967, there is substituted under this paragraph shall be reduced gated pursuant to section 7 of the Securi uuy stock as direct or indirect collateral by an amount equal to the maximum ties Exchange Act of 1934 (15 U.S.C. for such credit, the credit shall there loan value of the security withdrawn less 78g). As indicated in the notice of pro upon be treated as subject to § 221.1 or the maximum loan value of any con posed rule making with respect to these s 221.3 (t), whichever is applicable. In vertible security described in subpara amendments (F ederal R e g is t e r of Oct. any such case, the amount of the out graph (1) of this paragraph deposited 26,1967, 33 F.R. 14857), they are directed standing credit, or such amount plus any as collateral. against excessive credit flowing into the increase therein to enable the customer (u) Bank acting as agent. No bank securities markets especially credit in to acquire a stock so registered through shall act as agent of any person extend circumvention of the other provisions of the conversion of the security pursuant ing credit which the bank knows or section 7. Proposals published in the to its terms, shall not be permitted on the should know is secured directly or indi notice of proposed rule making that have date of such substitution to exceed the rectly by any registered security unless been revised and the reasons therefor Maximum loan value of the collateral for the bank accepts in good faith7 a state are as follows: toe credit: Provided, That any reduction ment signed by such person that he does (1) Part 221 has been revised to the credit or deposit of collateral re not extend or maintain credit to or for throughout to substitute the term “ex quired on that date to meet this require customers in violation of Part 207, 220, tension of credit” for the term “loan” ment may be brought about within 30 or 221 of this chapter (Regulation G, T, (with corresponding conforming changes ioJo of ,su°h substitution, or by April 10, or U). For this purpose, such activities as necessary), in order to clarify that the i»b8, whichever is later. of an “ agent” include, for example, re regulation covers certain transactions ceiving securities to be used as collateral that might not, strictly speaking, be con 2n(^ Any credit extended after October sidered loans. ’ f°r the purpose of purchasing or for such credit, determining whether the market value of the collateral for such (2) Section 221.1(c) has been revised .a ^ ^ i t y convertible into a to clarify that the same-day substitution wJvf reg*stered on a national securities privilege does not apply to credit subject cnange, if the credit is secured, directly 7 As described in § 221.3(a). to § 221.3 (r) (1) and that same-day FEDERAL REGISTER, VOL. 33, NO. 27— THURSDAY, FEBRUARY 8, 1968 2706 RULES AND REGULATIONS substitutions of stock may be effected in rights, the bank will be required to sell collection of written data, views, and regard to collateral serving to secure collateral in amount sufficient so that arguments was determined by the Board credit that is subject to § 221.1 whether the remaining credit is in nearly the same to be the most appropriate and effective or not the stock is registered on a na proportion to the collateral remaining in method of formulating the amendments tional securities exchange. the account after the sale as it would to the regulation. (3) Section 221.2(b) has been added have been had the borrower made the Dated at Washington, D.C., this 1st to indicate that credit extended by a required payment, and to provide that day of February 1968. bank to “plan-lenders” described in when the requirements of paragraph (p) § 207.4(a) of Part 207 of this chapter have been met, the securities held as By order of the Board of Governors. (Regulation G ), used to finance the pur collateral for the credit, and the remain [ s e a l ] R o b e r t P. F orrestal, chase of registered equity securities pur ing amount of the credit, shall be sub Assistant Secretary. suant to a stock option or employee pur ject to § 221.1. [F.R. Doc. 68-1551; Filed, Feb. 7, 1968; chase plan described therein, is not (15) Section 221.3(r) has been revised 8:45 a.m.] subject to the margin and other require to clarify that the exemption afforded ments imposed by this part so long as the loans subject to subparagraph (1) credit is not directly secured by any thereof does not apply where there has Chapter V— Federal Home Loan securities so purchased. The remaining been a substitution of collateral in re Bank Board paragraphs of § 221.2 are lettered as in spect to such a loan after October 20, the regulation effective prior to March 1967. SUBCHAPTER C— FEDERAL SAVINGS AND LOAN 11, 1968, rather than being relettered, as (16) Section 221.3(t) has been added SYSTEM proposed. to provide a separate loan value for con [No. 21,380] (4) Section 221.3(a) has been revised vertible security collateral against credit to add a requirement that a bank shall for the purpose of purchasing or carry PART 555— BOARD RULINGS obtain and keep for a prescribed period, ing a stock registered on a national in connection with any stock-secured securities exchange. Conforming changes Hazard Insurance loan, on a form prescribed by the Board, have been made in § 221.1(d), § 221.2, J an u a r y 31,1968. a statement by (i) the customer and (ii) and §221.3 (p)(3) and (r). the officer extending the credit, relating Resolved that the Federal Home Loan (17) Section 221.3 (u) (proposed as Bank Board, upon the basis of considera to the purpose of the loan. (t)) has been revised to clarify that the (5) Section 221.3(b) has been revised tion by it of the advisability of revising paragraph applies to services rendered paragraph (a) of § 555.5 of the rules and to incorporate the substance of an inter by a bank as agent of a person extending pretation of the Board that is published regulations for the Federal Savings and credit subject to Part 207, 220, or 221, Loan System (12 CFR 555.5(a) ) and for at § 221.101. and that when such services are ren the purpose of making it clear that the ( 6) A new § 221.3(c) has been inserted dered, the bank may accept in good faith to incorporate the substance of inter duty of a Federal association to maintain a statement from the person that he does requirements over hazard insurance does pretations of the Board that are pub not extend such credit in violation of not extend to the imposition of standards lished at §§ 221.110 and 221.113, and to such part. The revision also makes clear based upon the corporate structure of the incorporate former § 221.3(f). that in determining whether such an insurer, hereby amends said § 555.5 by (7) Section 221.3(c) is relettered extension of credit has taken place, and revising paragraph (a) as follows, effec § 221.3(d). in accepting such a statement in good tive March 10,1968: (8) Section 221.3(d) is relettered faith, the bank must be alert to all the § 221.3(e). surrounding circumstances and have no § 555.5 Insurance. (9) Section 221.3(e) is relettered information that would indicate other § 221.3(f) and is revised to provide that (a) Hazard insurance; control over wise. placing of. The Board of Directors of certain restrictions that formerly applied (18) Section 221.3(u) is redesignated to transfers of credit from one customer each Federal savings and loan associa to another shall also apply when credit (v), tion has not only the right but the duty extended to a customer is transferred (19) Section 221.4 (the supplement to to establish and maintain such require directly from one bank to another, and Regulation U) is amended to provide a ments over hazard insurance as in the that the statements to be obtained shall 50 percent maximum loan - value and a fair and considered judgment of such conform to the requirements of § 221.- directors are necessary to protect the 70 percent retention requirement for association’s interest in the real estate 3(a). collateral securing credit subject to (10) Section 221.3(g) is revised to security for its loans. Such requirements clarify that withdrawals and substitu § 221.3(t). may include the establishment of fair tions are permitted in connection with b. With the exception of the changes standards based upon such factors as in § 221.3 (a), ( f) , and (n) relating to recognized financial ratings of insurers recapitalizations. and coverage forms, but such standards (11) Section 221.3(1) is revised to use of a prescribed form, these amend may not be based upon the corporate clarify that a security carrying a warrant ments were adopted by the Board after structure of insurers. Subject to fills or right to subscribe to or purchase a consideration of all relevant material limitation, those who borrow from Fed stock is itself a “stock” for purposes of that was presented by interested persons. eral associations on real estate security this part. In the Board’s view, the changes in should have reasonable freedom of choice (12) Section 221.3 (m) is revised to in the placing of hazard insurance on clarify that the term “credit subject to § 221.3(a), which are designed to make § 221.1” includes credit extended to pur uniform evidentiary requirements of their property. chase any “stock” as defined in § 221.3 (Z). such section, are procedural in nature. (13) Section 221.3(n) is revised to Accordingly, the Board concluded that (Sec. 5, 48 Stat. 132, as amended; 12 UAC. place the concluding matter in a separate the notice and public procedure contem 1464. Reorg. Plan No. 3 of 1947, 12 F.R- 49 . subparagraph (4), to clarify the term 3 CFR, 1943-48 Comp., p. 1071) “emergency expenses”, as used therein, plated by section 553 of Title 5, United and to provide that the statement to States Code, was unnecessary with re By the Federal Home Loan $ank be obtained under subparagraph (4) spect to such changes. Board. shall conform to the requirements of Although the Board received requests § 221.3(a). [SEAL] ' JACK CARTER, that hearings be held in connection with Secretary. (14) Section 221.3 (p) has been revised these amendments, or that opportunity to provide that when a bank fails to [F.R. Doc. 68-1565; Filed, Feb. 7, 19®®"' obtain a required deposit in regard to be afforded to present material orally, credit extended to exercise subscription such requests were denied because the 8:47 a m .] FEDERAL REGISTER, VOL. 33, NO. 27— THURSDAY, FEBRUARY 8, 1968 RULES AND REGULATIONS 2707 SUBCHAPTER D— FEDERAL SAVINGS AND LOAN By the Federal Home Loan Bank 1965-66 marketing year claimed the max INSURANCE CORPORATION Board. imum three-fifths of 1 percent for [21,379] [ s e a l ] J a c k C arter, shrinkage. The weight and moisture loss Secretary. es resulting from aeration were used PART 563— OPERATIONS to support the deductions taken for [F.R. Doc. 68-1564; Filed, Feb. 7, 1968; shrinkage losses. Taking the above into Amendment Relating to Maintenance 8:47 a.m.] of Records consideration, it was determined that the maximum of three-fifths of 1 percent J a n u a r y 31,1968. permitted for shrinkage should continue Resolved that, notice and public pro Title 7— AGRICULTURE to be appropriate for these regulations cedure having been duly afforded (32 and loss of weight from aeration should F.R. 17544) and all relevant material pre Chapter VII— Agricultural Stabiliza continue to be included as shrinkage. sented or available having been con tion and Conservation Service (Agri The amendment also provides that if sidered by it, the Federal Home Loan cultural Adjustment), Department of payment for marketing certificates is Bank Board, upon the basis of such made by mail, payment shall be deemed consideration and for the purposes of Agriculture to have been made on the date of mail requiring notice by an insured institu SUBCHAPTER C— SPECIAL PROGRAMS ing, rather than at the time the pay tion prior to any - change in the location [Amdt. 6] ment is received. This provision is in of its general accounting records, and of cluded in the amendment since many requiring notice prior to maintenance of PART 777— P R O C ESSO R WHEAT processors have been invoiced for inter any records by means of data processing MARKETING CERTIFICATE REGU est because their payments were received services and ensuring that such records LATIONS at the Federal Reserve Bank or-branch shall be available for examination and bank after such payment was due in cir audit by the Corporation, hereby amends Miscellaneous Amendments cumstances where the processor claimed § 563.17-1 of the rules and regulations The following amendment Is issued to have mailed the payment in time to for Insurance of Accounts (12 CFR pursuant to the Agricultural Adjustment have been received at the Federal Re 563.17-1) by adding, immediately after Act of 1938, as amended (see sec. 379a to serve Bank or branch bank by the due paragraph (c), new paragraphs (d) and 379j, 52 Stat. 31, as amended, 7 U.S.C. date. The amendment substantially re (e), to read as follows effective March 1379a to 1379j) to provide a change to stores a provision which had been in the 10,1968: the Republication of the Processor Wheat regulations until October 1, 1967. §563.17—1 Examinations and audits; Marketing Certificate Regulations (31 Since these provisions must be acted appraisals; esta b lish m en t and F.R. 13502), as amended. on immediately or are needed immedi maintenance o f records. Consideration has been given to the ately in the administration of the regu * * * * * views and suggestions resulting from the lations, and since they relieve restric notice of proposed rule making regarding tions or provide exemptions, it is hereby (d) Change in location of records. An deductions for loss in weight resulting found and determined with respect to insured institution shall not transfer the from artificial drying published in the provisions amending §§ 777.10(b), 777.10 location of any of its general accounting F ederal R e g iste r pursuant to section 4 (d), and 777.12(c) that compliance with or control records from its home office of the Administrative Procedure Act (60 the notice, public procedure, and 30-day to a branch or service office, or from a Stat. 238, 5 U.S.C. 553) on October 17, effective date requirements of section 4 branch or service office to its home office 1967. of the Administrative Procedure Act (60 or to another branch or service office The amendment permits the processor Stat. 238, 5 U.S.C. 553) is unnecessary unless the institution has sent prior who has artificially dried wheat in order and contrary to the public interest and written notice of such transfer to the to permit it to be safely stored to calcu with respect to the other provisions of Chief Examiner of the Federal Home late the weight of wheat used in process this amendment that compliance with Loan Bank district in which the home the 30-day effective date requirements of office of the institution is located. ing the food product on the basis of the gross weight, less dockage, after drying. such section is impractical and contrary (e) Use of data processing services for Adjustment must be made, however, for to the public interest and that this maintenance of records. An insured in wheat dried to less than 12.5 percent amendment shall be effective as pro stitution which determines to maintain moisture. If the processor is unable to vided below. any of its records by means of data weigh the wheat as it is removed from The republication of the Processor processing services shall so notify the the dryer, an alternative method is pro Wheat Marketing Certificate Regula Chief Examiner of the Federal Home vided to determine the weight lost tions is amended as follows: Loan Bank district in which the home through artificial drying. Section 777.10 (b) and (d) are office of such insured institution is lo As a result of the meeting held on amended to read as follows: cated, in writing, at least 90 days prior November 6, 1967, with members of the to the date on which such maintenance Millers’ National Federation and the Na § 777.10 Wheal Marketing Certificate of records will begin. Such notification tional Soft Wheat Millers Association (Domestic). shall include identification of the records and after reviewing the written com * "* * * * to be maintained by data processing ments received on the proposed amend , (b) Sale by CCC. CCC will sell certifi services and a statement as to the loca ment, certain changes have been made cates to food processors and others who tion at which such records will be main from that which was originally proposed. offer to purchase certificates from CCC and who pay to CCC the face value of tained. Any contract, agreement, or ar The words drying through the use of artificial heat are included to differen the certificates plus such interest as may rangement made by an insured institu tiate artificial drying, as contained in the be required by the regulations of this tion pursuant to which data processing amendment, from drying which may oc part. Offers to purchase certificates for services are to be performed for such cur as a result of “aeration,” “turning,” wheat processed in a specific processing insured institution shall be in writing or other means where “artificial heat” is report period may be made by submis and shall expressly provide that the not used. No change was made to the * sion of a processing report as provided in § 777.12, with a remittance payable to records to be maintained by such serv maximum allowance of three-fifths of 1 percent allowed for shrinkage. A review Commodity Credit Corporation for the ices shall at all time be available for of the records of all processors reporting cost of the certificates, or by submission examination and audit. on the weight of wheat basis, including of the remittance with advice that it is (Secs. 402, 403, 48 Stat. 1256, 1257, as those processors having aeration systems, for purchase of wheat marketing certifi amended; 12 U.S.C. 1725, 1726. Reorg. Plan have disclosed that only seventeen of ap cates and identification of the processor «°- 3 of 1947, 12 F.R. 4981, 3 CFR 1943-48 number of the plant and processing pe Comp., p. io7i) proximately 210 processors reporting on the weight of wheat basis during the riod. Offers to purchase certificates not FEDERAL REGISTER, VOL. 33, NO. 27— THURSDAY, FEBRUARY 8, 1968 2708 RULES AND REGULATIONS applicable to a specific processing pe report period (or such later date as may use of artificial heat) prior to processing in riod shall be made by submission of a be approved by the Administrator for order to permit the wheat to be safely stored. remittance with advice that it is for pur good cause shown by the food proces ***** chase of CCC-145, Wheat Marketing sors) . If the report is received by mail, it Effective date: Changes made to Certificates, and the name and address shall be deemed to have been submitted §§ 777.10 and 777.12 shall be effective of the payee to be shown on the certifi on thè date of mailing. If the Commodity on October 1,1967. The changes made to cates. All offers to purchase certificates Office is unable to determine the date appendix II shall be effective with the and related remittances shall be made of mailing from the postmark on the first processing report period beginning to the FRB unless the Commodity Office envelope, it shall determine such date on or after the date this amendment is has requested that the remittances be from other evidence available to it, in published in the F ederal R egister. sent to that office. Payment for certifi cluding such evidence as may be supplied Signed at Washington, D.C., on Febru cates shall be deemed to have been made by the processor. If the due date of a ary 5, 1968. when payment is received at the FRB report falls on a Saturday, Sunday, or H. D. G odfrey, or the Commodity Office, except that if holiday, and the report is submitted on Administrator, Agricultural Sta- payment is by mail, payment shall be the next succeeding workday, it shall be , bilization and Conservation deemed to have been made on the date deemed to have been submitted on the Service. of mailing. If the Commodity Office is due date. [F.R. Doc. 68-1568; Filed, Feb. 7, 1968; unable to determine the date of mailing * * * * * from the postmark on the envelope, 8:47 a.m.] the Commodity Office will establish Appendix II is amended by adding the following sentences to Item 5: the date of mailing from other evidence Chapter IX— Consumer and Market available to it including such evidence If any wheat has been artificially dried as may be supplied by the processor. (through the use of artificial heat) at the ing Service (Marketing Agreements elevator operated by the processor at the and Orders; Fruits, Vegetables, If the due date for payment without processing plant location, or at the plant interest falls on a Saturday, Sunday, prior to processing in order to permit it Nuts), Department of Agriculture or holiday, and payment is received to be safely stored, the processor may deter [Navel Orange Reg. 147] or mailed on the next succeeding work mine the quantity to be entered in Item 4B day, it shall be deemed to have been by using the gross weight of such wheat PART 907— NAVEL ORANGES made on the due date. Envelopes con after it has been artificiaUy dried less dock GROWN IN ARIZONA AND DESIG taining payments shall, on the face show age (as determined in this paragraph), ex NATED PART OF CALIFORNIA the statement “CCC Wheat Marketing cept that the weight of wheat artificially Certificate Reports”. Form CCC-145 will dried to less than 12.5 percent moisture shall Limitation of Handling be adjusted upward to reflect a 12.5 percent be issued for certificates sold by CCC, moisture. When the weight after artificial § 907.447 Navel Orange Regulation 147. except that when certificates are pur drying through the use of artificial heat is chased for wheat processed in a specific used, the processor must show in his records (a) Findings. (1) Pursuant to the processing report period, CCC will estab the gross weight and the moisture content marketing agreement, as amended, and lish a credit in favor of the food of the wheat after drying. If the processor Order No. 907, as amended (7 CFR Part processor for the amount of the certifi is unable to weigh the wheat as it is removed 907), regulating the handling of Navel cates purchased in lieu of issuing Form from the dryer, he may determine the weight oranges grown in Arizona and designated which is lost through artificial drying of part of California, effective under the CCC-145. such wheat on the following basis: Multiply ***** applicable provisions of the Agricultural the receiving weight by 1.2 times the percent Marketing Agreement Act of 1937, as (d) Surrender of certificates to CCC.age difference between the moisture content of the wheat prior to drying and the moisture amended (7 U.S.C. 601-674), and upon Food processors shall discharge their the basis of the recommendations and obligation to surrender cetificates to CCC content of the wheat after drying or 12.5 percent- whichever is higher. Processors shall information submitted by the Navel by endosing Form CCC-145 certificates use one of the following moisture meters or Orange Administrative Committee, and delivering them to CCC at the methods to determine the moisture content established under the said amended Kansas City Commodity Office or by of the wheat:' (a) Motomco, (b) Steinlite, (c) marketing agreement and order, and making payment to CCC for certificates Air-oven method, or (d) Tag-heppenstall. upon other available information, it is required for wheat processed into food When the Tag-heppenstall is used, care hereby found that the limitation of products in a specific processing report should be taken to thoroughly mix the sample prior to testing. If the processor handling of such Navel oranges, as here period. Surrender of certificates to CCC inafter provided, will tend to effectuate shall be deemed to have been made at the wishes to use any other meter or method to determine moisture, he must first receive the declared policy of the act by tending time when payment is made for certifi approval from the Director. to establish and maintain such orderly cates purchased or at the time delivery marketing conditions for such oranges as of Form CCC-145 certificates is made at Appendix II is amended by changing will provide, in the interests of producers the Kansas City Commodity Office. If the first paragraph of Item 14 to read as and consumers, an orderly flow of the Form CCC-145 certificates are received follows: supply thereof to market throughout tne in the Kansas City Commodity Office by (14) Enter in Item 5H the quantity of normal marketing season to avoid un mail the delivery shall be deemed to have shrinkage, if any (including shrinkage in reasonable fluctuations in supplies a been made on the date of mailing. If curred through aeration), applicable to the prices, and is not for the purpose the Commodity Office is unable to deter weight of wheat received at the processing maintaining prices to farmers above t mine the date of mailing from the post plant location during the processing report level which it is declared to be tne mark on the envelope, it shall determine period (Item 4B). Such shrinkage quantity policy of Congress to establish under such date from other evidence available shall not exceed three-fifths of 1 percent of the quantity entered in Item 4B. Any shrink c t . to it, including such evidence as may be age deducted of one-eighth of 1 percent or (2) It is hereby further found that it is supplied by the processor. Certificates less must be determined on a reasonable mpracticable and contrary to the pu will be deemed to be canceled by CCC basis which can be supported by the proc iterest to. give preliminary notic®’ upon their surrender to CCC. essor. Any shrinkage deducted in excess of age in public rule-making Pr0^ dfhi’ ***** one-eighth of 1 percent must be based on the most recent representative experience ,nd postpone the effective date of Section 777.12(c) is amended to read for which the processor has records reflecting egulatiori until 30 days after publication as follows: his average shrinkage per bushel of wheat lereof in the F ederal R egister (»_ • ' received. Shrinkage resulting from artificial 53) because the time intervening ***** drying (through the use of artificial heat), ween the date when information upon § 777.12 Food processing reports. cleaning, or screening of wheat is not eligible vhich this section is based became for deduction as shrinkage. Processors may, ,ble and the time when tlus (c) Date of submittal. The processinghowever, reflect in the manner prescribed in report shall be submitted not later than Item 5 of this appendix, the loss of weight lecome effective in order to effect . leclared policy of the act is msu 15 days after the close of the processing resulting from artificial drying (through the FEDERAL REGISTER, VOL. 33, NO. 27— THURSDAY, FEBRUARY 8, 1968 RULES AND REGULATIONS 2709 and a reasonable time is permitted, under trol cable location combined with fuse (Secs. 313(a), 601, 603, Federal Aviation Act the circumstances, for preparation for lage floor deformation under pressure. of 1958; 49 U.S.C. 1354(a), 1421, 1423) such effective time; and good cause exists This condition makes the control hard to Issued in Washington, D.C., on Febru for making the provisions hereof effective operate. Since this condition is likely to ary 1,1968. as hereinafter set forth. The committee exist or develop in other airplanes of the E dw ard C . H o d s o n , held an open meeting during the current same type design, an airworthiness di Acting Director, week, after giving due notice thereof, to rective is being issued to require modi Flight Standards Service. consider supply and market conditions fication of the cables’ supports and sur [F.R. Doc. 68-1547; Filed, Feb. 7, 1968; for Navel oranges and the need for regu roundings on the Dassault Fan Jet Falcon 8:46 a.m.] lation; interested persons were afforded airplanes. This modification has been an opportunity to submit information incorporated by the manufacturer on and views at this meeting; the recom airplanes with Serial Nos. 108, 114, and [Docket No. 67-SO-121, Arndt. 39-550] mendation and supporting information 116 and on all subsequent airplanes^ for regulation during the period specified Since a situation exists that requires PART 39— AIRWORTHINESS herein were promptly submitted to the immediate adoption of this regulation, it DIRECTIVES Department after such meeting was is found that notice and public procedure held; the provisions of this section, in hereon are impracticable and good cause Lockheed Model 382 and 382B cluding its effective time, are identical exists for making this amendment effec Series Airplanes with the aforesaid recommendation of tive in less than 30 days. A proposal to amend Part 39 of the the committee, and information concern In consideration of the foregoing, and Federal Aviation Regulations to include ing such provisions and effective time has pursuant to the authority delegated tjo an airworthiness directive requiring in been disseminated among handlers of me by the Administrator (14 CFR 11.89), spection of and repair as necessary such Navel oranges; it is necessary, in § 39.13 of Part 39 of the Federal Aviation chordwise cracks in the wing lower sur order to effectuate the declared policy Regulations is amended by adding thé face and in the adjacent stringers at of the act, to make this regulation effec following new airworthiness directive: Wing Stations 181 Left and 181 Right tive during the period herein specified; A vions Marcel Dassault. Applies to Das on Lockheed Model 382 and 382B air and compliance with this section will not sault Fan Jet Falcon airplanes, Serial planes was published in the F ederal Nos. 1 through 107, 109 through 113, and require any special preparation on the R e g is te r , dated December 27, 1967. part of persons subject hereto which 115. cannot be completed on or before the Compliance required as indicated. Interested persons have been afforded effective date hereof. Such committee To detect and prevent binding of the aux an opportunity to participate in the meeting was held on February 6, 1968. iliary hydraulic system selector valve con making of the amendment. No objec trol cables, accomplish the following unless tions were received. (b) Order. (1) The respective quan already accomplished. In consideration of the foregoing, and tities of Navel oranges grown in Arizona (a) Within the next 10 hours’ time in pursuant to the authority delegated to and designated part of California which service after the effective date of this AD, ground test the functioning of the auxiliary me by the Administrator (31 F.R. 13697), may be handled during the period Feb Part 39.13 of the Federal Aviation Reg ruary 9,1968, through February 15,1968, hydraulic system selector valve control cables under simulated flight pressurization deflec ulations is amended by adding the fol are hereby fixed as follows: tion of the fuselage floor, in accordance with lowing new airworthiness directive: (1) District 1: 350,000 cartons; Dassault Service Bulletin 29-17, Revision 1, Lockheed. Applies to Model 382 and 382B (ii) District 2: 300,000 cartons; dated November 22, 1967, or later SGAC-ap- series airplanes, Serial Nos. 3946 and (iii) District 3: Unlimited movement; proved revision, or FAA-approved equivalent. 4101 through 4146. If control cable binding is evidenced during (iv) District 4: Unlimited movement. Compliance required as indicated. (2) As used in this section, “handled,” the ground test, comply with paragraph (d) before further flight, except that the air To detect and repair chordwise cracks in “District 1,” “District 2,” “District 3,” plane may be flown unpressurized to a base the wing lower surface and in the adjacent “District 4,” and “carton” have the same where the modification can be performed in stringers at Wing Stations 181 Left and meaning as when used in said amended accordance with FAR § 21.197. 181 Right accomplish the following: marketing agreement and order. (b) If control cable binding is not evi 1. For airplanes with 2,000 or more hours’ denced during the ground test, flight test time in service on the effective date of this (Secs. 1- 19, 48 Stat. 31, as amended; 7 the functioning of the auxiliary hydraulic AD, inspect in accordance with paragraph U.S.C. 601-674) system selector valve control cables under 3, below, within the next 150 hours’ time actual pressurization deflection of the fuse in service unless accomplished within 450 Dated: Feburary 7,1968. lage floor at the next flight, in accordance hours’ time in service prior to the effective P a u l A . N ic h o l s o n , with Dassault Service Bulletin 29-17, Re date of this AD, and thereafter at intervals Acting Director, Fruit and vision 1, dated November 22, 1967, or later not to exceed 600 hours. Vegetable Division, Consumer SGAC-approved revision, or FAA-approved 2. For those airplanes with less than and Marketing Service. equivalent. Passengers may not be carried 2,000 hours’ time in service on the effective during this test. If control cable binding is date of this AD, inspect in accordance with [P.R. Doc. 68-1686; Filed, Feb. 7, 1968; evidenced during this flight test, comply paragraph 3 prior to the accumulation of 11:24 a.m. ] with paragraph (d) before further flight, ex 2,150 hours’ time in service and thereafter cept that the airplane may be flown unpres at intervals not to exceed 600 hours’ time surized to a base where the modification can in service from the last inspection. be performed in accordance with FAR 3. Inspect P/N 370554-3 (lower surface Title 14— AERONAUTICS AND § 21.197. panel No. 1), P/N 370555-3 (lower surface (c) If control cable binding is not evi panel No. 2), and P/N 370556-3 (lower sur denced during the tests required by para face panel No. 3) at Wing Stations 181 Left SPACE graphs (a) and (b), comply with paragraph and 181 Right at the end fastener holes (d) within the next 50 hours’ time in service Chapter I— Federal Aviation Admin which are common to the outboard ends of after the effective date of this AD. the reinforcing beams running spanwise istration, Department of Transpor (d) Modify the fuselage floor support an beneath P/N 370557-5 (stringer No. 15), tation gles and the upper fair-leads, clamps and antichafing strips of the auxiliary hydraulic P/N 370560-7 (stringer No. 16), P/N 370560-7 [Docket No. 8710, Arndt. 39-552] system selector valve control cables, in ac (stringer No. 20) and P/N 370557-5 (stringer cordance with Dassault Service Bulletin 29— No. 21). Inspect an area 4 inches spanwise by PART 39— AIRWORTHINESS 17, Revision 1, dated November 22, 1967, or 7 inches chordwise surrounding each fas tener hole. Inspect the surface of each DIRECTIVES later SGAC-approved revision, or an equiva lent approved by the Chief, Aircraft Certifi stringer which is adjacent to a wing lower cation Staff, FAA, Europe, Africa, and Mid surface panel crack over a spanwise length Certain Dassault Fan Jet Falcon of two inches to each side of the wing Airplanes dle East Region. Performance of this modifi cation at any time makes further action un surface crack. Inspection shall be by dye der this AD unnecessary. penetrant method in accordance with There have been instances of inflight Lockheed Alert Service Bulletin A382—026 binding of the auxiliary hydraulic system This amendment becomes effective or later FAA approved revision, or in an selector valve control cables due to con February 13,1968. equivalent manner approved by the Chief, FEDERAL REGISTER, VOL. 33, NO. 27— THURSDAY, FEBRUARY 8, 1968 No. 27- 2710 RULES AND REGULATIONS Engineering and Manufacturing Branch., Pursuant to the Freedom of Informa require modification of any previously PAA, Southern Region. tion Act (Public Law 89-487) and Part effective procedure covered by such 4. Except as provided in subparagraphs a 310 of the Procedural Regulations, ef statements after 60-days’ notice to the and b, below, prior to further flight repair carrier. These statements shall be filed cracked skin and cracked stringers in ac fective July 4, 1967, the Board maintains cordance with Lockheed Service Bulletin files of each carrier’s Form 41 reports in triplicate, with each statement sub 382-028 or later PAA approved revision, or in and statements of accounting and statis mitted on a separate page to facilitate an equivalent manner approved by the Chief, tical procedures filed in connection there processing and filing. Engineering and Manufacturing Branch, with in its Public Reference Room. Sec ***** PAA, Southern Region. tions 22(d) and 32(d) of Part 241 a. The airplane may be flown in accord 3. Amend section 25 by adding a new presently require that carriers file each aircraft type and code at the end of ance with FAR 21.197 to a base at which the statement of procedure, and amendments repair can be made. the list of aircraft types and codes in b. Chord wise cracks in the inspection areas and revisions thereof, in duplicate and paragraph (f) of schedule T-5, as designated in paragraph 3 are not cause for on a separate sheet of paper. A third follows: restriction on standard category operations copy is now required for use of the gen for the conditions described in either (1) eral public in the Public Reference Room. Schedule T-5—Monthly Listing of Sum or (2), below. Sections 22(d) and 32(d) are accord marized Passenger Loads by Flight (1) At Wing Stations 181 Left and 181 ingly being amended. Stages—Local Service Air Carriers Right, only one lower surface panel contains * * * * * a single crack which does not exceed 2 inches Schedule T-5 in section 25 is also in length, and there is no crack in any amended to prescribe a code number for (f) * * * stringer. new aircraft type Nihon YS-11 to be used Aircraft (2) At Wing Stations 181 Left and 181 by local service carriers for reporting Aircraft types: type codes Right, two or more lower surface panels traffic statistics on machine accounting * * * * * * contain cracks, each of which does not ex punch cards. Nihon: ceed 0.70 inch in length including fastener In view of the minimal nature of these YS-L1 ______83 hole, and the sum of individual crack lengths * * * * * in all panels does not exceed 3.60 inches, changes, the Board finds that notice and and there are no cracks in any stringer. For public procedure thereon are unneces (Secs. 204(a) and 407 of the Federal Avia airplanes which are operated with such sur sary and it is in the public interest that tion Act of 1958, as amended, 72 Stat. 743, face panel cracks, inspect in accordance with the amendment should be made effective 766; 49 U.S.C. 1324, 1377) paragraph 3 at Intervals not to exceed 60 upon publication in the Federal By the Civil Aeronautics Board. hours’ time in service from the last inspec R egister. tion. [seal] H arold R. Sanderson, 5. The inspections required by this AD Accordingly, the Board hereby amends Secretary. may be discontinued for those airplanes re Part 241 of the Economic Regulations (14 CFR Part 241), effective February 8, [P.R. Doc. 68-1558; Piled, Peb. 7, 1968; paired or reinforced in accordance with para 8:47 am .] graph 4 or in accordance with an equivalent 1968, as follows: r pair or reinforcement approved by the 1. Amend the introductory paragraph Chief, Engineering and Manufacturing Branch, FAA, Southern Region. of section 22(d) to read as follows: Title 20— EMPLOYEES’ 6. Upon request of the operator, an PAA Section 22— General Reporting maintenance inspector, subject to prior ap proval of the Chief, Engineering and Manu Instructions facturing Branch, PAA, Southern Region, ***** BENEFITS may adjust the repetitive inspection intervals Chapter 111—Social Security Admin specified in this AD to permit compliance (d) Statements of accounting or sta at an established inspection period of the tistical procedures required to be filed istration, Department of Health, operator If the request contains substanti under this system of accounts and re Education, and Welfare ating data to justify the increase for such ports are recapitulated below. These [Reg. 4, further amended] operator. statements or revisions thereof shall be Lockheed - Georgia Alert Service Bulletin filed prior to the date on which the pro PART 404— FEDERAL OLD-AGE, SUR A382-026A, dated November 17, 1967, and cedures are to become effective and shall VIVORS, AND DISABILITY INSUR Service Bulletin 382-028, dated October 26, be regarded as accepted unless the car 1967, cover this same subject. rier is notified of Board objections within ANCE (1950—) This amendment becomes effective 30 days after receipt. The Board may Subpart B— Quarters of Coverage and February 10,1968. require modification of any previously Insured Status effective procedure covered by such state (Secs. 313(a), 601, 603, Federal Aviation Subpart D— Old-Age, Disability, De Act of 1958; 49 U.S.C. 1354(a), 1421, 1423) ments after 60-days’ notice to the carrier. These statements shall be filed in tripli pendents’ and Survivors’ Insurance Issued in East Point, Ga., on January cate, with each statement submitted on Benefits; Period of Disability 30,1968. a separate page to facilitate processing James G. R ogers, and filing. M iscellaneous Amendments Director, Southern Region. * * * * * Correction [F.R. Doc. 68-1548; Piled, Feb. 7, 1968; 2. Amend the introductory paragraph 8:46 a.m.] In F.R. Doc. 68-45 appearing at page of section 32(d) to read as follows: 12 in the issue of Wednesday, January 3, Section 32— General Reporting 1968, the following corrections should be Chapter II— Civil Aeronautics Board Instructions made: SUBCHAPTER A— ECONOMIC REGULATIONS In § 404.116(b)(1), second line, the * * * * * [Reg. ER-527, Arndt. 18] parenthetical material should read, (d) Statements of accounting or sta“ (see § 404.108 ff.)” . PART 241— UNIFORM SYSTEM OF tistical procedures required to be filed In § 404.309(a), second line, the par ACCOUNTS AND REPORTS FOR under this system of accounts and re enthetical material should read: (n CERTIFICATED AIR CARRIERS ports are recapitulated below. These woman) ” . Jn § 404.353 (b) (2) (ii) (a), fou rth line, Statements of Accounting and Sta statements or revisions thereof shall be the period preceding the parenthetic» tistical Procedures To Be Filed in filed prior to the date on which the pro material should be deleted. In § ^04.3 Triplicate cedures are to become effective and shall be regarded as accepted unless the car (b) (2) (ii) (c), last sentence, the date Adopted by the Civil Aeronautics “November, 1965,’’ should be changed Board at its office in Washington, D.C., rier is notified of Board objections within on the 5th day of February 1968. 30 days after receipt. The Board may to read “November, 1964,”. FEDERAL REGISTER, VOL. 33, NO. 27— THURSDAY, FEBRUARY 8, 1968 RULES AND REGULATIONS 2711 [Reg. 4, further amended] gestions as to the proposed removal of PART 404— FEDERAL OLD-AGE, SUR “truckload lot” restrictions, and the Title 50— WILDLIFE AND VIVORS, AND DISABILITY INSUR Commission has considered such repre sentations and, on the date hereof, has FISHERIES ANCE (1950— ____) made and filed its report setting forth Subpart P— Rights and Benefits Based its conclusions and findings and its rea Chapter I-—Bureau of Sport Fisheries on Disability sons therefof, which report is hereby and Wildlife, Fish and Wildlife referred to and made a part hereof: Service, Department of the Interior M iscellaneous A m e n d m e n t s It is ordered, That restrictions limit Correction ing service to be performed to truck- PART 33— SPORT FISHING loads lots, with or without additional In F.R. Doc. 68-46 appearing at page weight provisions, embraced in certifi Swan Lake National Wildlife 15 in the issue of Wednesday, January 3, cates of public convenience and necessity Refuge, Mo. 1968, the following corrections should issued to motor common carriers by the The following special regulation is is be made: Interstate Commerce Commission pur In § 404.1502(f), the last word of the suant to sections 206 and 201 of the sued and is effective on date of publica 12th line should read “ amenable” . Interstate Commerce Act, shall be con tion in the F ederal R e g is te r . The last line of § 404.1538 should be sidered as having no force or effect; and § 33.5 Special regulations; sport fish deleted and the line “tial gainful activ that certificates embracing such re ing; for individual wildlife refuge ity.” added. strictions be, and they are hereby, con areas. The last number of the authority sidered as authorizing transportation M is s o u r i citation should read “ 1302”. services without regard to such restric-. tion for the reasons and in the manner SWAN LAKE NATIONAL WILDLIFE REFUGE set forth in the said report. Sport fishing on the Swan Lake Na Title 49— TRANSPORTATION It is further ordered, That Part 1041 tional Wildlife Refuge, Sumner, Mo., is of Chapter X of Title 49 of the Code of permitted on the areas designated by Chapter X— Interstate Commerce Federal Regulations be, and it is hereby, signs as open to fishing. The open areas, Commission amended by adding a new § 1041.13, reading as follows: comprising 10,500 acres, are delineated SUBCHAPTER A— GENERAL RULES AND on maps available at refuge headquarters REGULATIONS § 1041.13 Truckload lot restriction. and from the office of the Regional Di [Ex Parte No. MC-68] Truckload iot restrictions, with or rector, Bureau of Sport Fisheries and without additional minimum weight Wildlife, 1006 West Lake Street, Min PART 1041— INTERPRETATION- provisions, embraced in certificates of CERTIFICATES AND PERMITS public convenience and necessity is neapolis, Minn. 55408. Sport fishing shall be in accordance with all applicable Removal of Truckload Lot sued by the Interstate Commerce Com mission pursuant to sections 206 and 207 State regulations subject to the following Restrictions of the Interstate Commerce Act, shall special conditions: Order. At a general session of the In be considered as of no further force and terstate Commerce Commission, held at effect, and such certificates shall be con (1) The open season for sport fishing its office in Washington, D.C., on the sidered as authorizing transportation on the refuge extends from March 1, 15th day of January 1968. services without regard to such restric through September 10, 1968, inclusive, It appearing, that the Commission, on tions, for the reasons and in the manner during daylight hours only. December 7, 1966, issued a notice of pro more fully set forth in the report of the posed rule making in this proceeding, Commission in Ex Parte No. MC-68, Re (2) Boats, without motors, may be under authority of sections 4 and 12 moval of Truckload Lot Restrictions, 106 used on Swan Lake, Silver Lake, and of the Administrative Procedure Act (5 M.C.C. 455, decided January 15, 1968. that portion of South Lake immediately D.S.C. 553 and 559) and sections 204(a) (Secs. 204, 206, 207, 208, 49 Stat. 546, as adjacent to No. 5 levee. 1) and (6), 206, 207, and 208(a) of amended, 551, as amended, 552, as amended; the Interstate Commerce Act (49 U.S.C. 49 U.S.C. 304,306, 307, and 308) (3) Travel is permitted on all roads 304(a) (1) and (6), 306, 307, and 308 except those posted with “road closed” It is further ordered, That this order w ’v*or tlie PurPOse of determining signs. whether “truckload lot” restrictions con shall become effective March 15, 1968. tained in outstanding certificates of pub And it is further ordered, That notice The provisions of this special regula lic convenience and necessity should be of this order shall be given to the general tion supplement the regulations which removed therefrom; public by depositing a copy thereof in govern fishing on wildlife refuge areas the office of the Secretary of the Inter It further appearing, that the said generally which are set forth in Title 50, state Commerce Commission, Washing notice of proposed rulemaking invited Part 33, and are effective through Sep e representations of all interested par ton, -D.C., and by filing a copy thereof tember 10,1968. ues setting forth their views with respect with the Director, Office of the Federal J? the proposed removal; and that no- Register. R obert H . T im m e r m a n , iv,* , a^ interested parties was given Refuge Manager, Swan Lake Publication of said notice in By the Commission. National Wildlife Refuge, ,5 b 1® 41 R e g ister of January 12,1966 [ s e a l ] H . N e il G a r s o n , Sumner, Mo. (31F.R. 384) ; Secretary. J a n u a r y 23, 1968. And it further appearing, that various [F.R. Doc. 68-1554; Filed, Feb. 7. 1968; [F.R. Doc. 68-1533; Filed, Feb. 7, 1968; • PMwes submitted their views and sug- 8:46 a.m.] 8:45 a.m.] FEDERAL REGISTER, VOL. 33, NO. 27— THURSDAY, FEBRUARY 8, 1968 2712 Proposed Rule Making allotment percentage of less than 85 to me by the Administrator (14 CFR DEPARTMENT OF AGRICULTURE percent. 11,45), the time within which comments The proposal is as follows: on Notice 67-51 will be received is ex Consumer and Marketing Service tended to March 5,1968. § 991.206 Allotment p e rce n ta g e and [ 7 CFR Part 991 1 salable quantity for hops during the Issued in Washington, D.C., on Febru marketing year beginning August 1, ary 5, 1968. HANDLING OF HOPS OF DOMESTIC 1968. Edward C. H odson, PRODUCTION The allotment percentage during the Acting Director, Flight Standards Service. Notice of Proposed Salable Quantity marketing year beginning August 1,1968, shall be 85 percent, and the salable quan [F.R. Doc. 68-1566;. Filed, Feb. 7, 1968; and Allotment Percentage for tity shall be 40,174,000 pounds or such 8:47 aon.] 1968—69 Marketing Year quantity as is salable by application of the allotment percentage to the producer Notice is hereby given of a proposal to [ 14 CFR Part 39 1 establish, for the Î968-69 marketing allotment bases, whichever is higher. [Docket No. 67—EA—146] year, which begins August 1, 1968, a sal Dated: February 2,1968. able quantity and allotment percentage AIRWORTHINESS DIRECTIVES of 40,174,000 pounds and 85 percent, re Paul A. Nicholson, spectively, applicable to hops produced in Acting Director, Fruit and Veg Pratt & Whitney Aircraft Engine Washington, Oregon, Idaho, and Cali etable Division, Consumer and Marketing Service. The Federal Aviation Administration fornia. The proposed salable quantity and is considering amending § 39.13 o f Part allotment percentage would be estab [F.R. Doc. 68-1569; Filed, Feb. 7, 1968; 8:48 a.m.] 39 of the Federal Aviation Regulations lished in accordance with the provisions so as to revise AD 65-7-2 which applies of Marketing Order No. 991 (7 CFR Part to- Pratt & Whitney Wasp, Jr., and 991; 31 F.R. 9713, 10072), regulating the R-985 aircraft engines. handling of hops of domestic production, effective under the Agricultural Market DEPARTMENT OF Since the issuance of Airworthiness ing Agreement Act of 1937, as amended Directive 65-7-2 there have been several (7 U.S.C. 601-674). The proposal was TRANSPORTATION propeller failures with certain Hartzell unanimously recommended by the Hop propellers installed on Pratt & W hitney Aircraft Wasp, Jr., and R—985 series air Administrative Committee. Federal Aviation Administration All persons who desire to submit writ craft engines. Investigation of these ten data, views, or arguments in connec [ 14 CFR Part 25 1 failures has indicated that the engine tion with the aforesaid proposal should crankshaft flyweight liner internal diam [Docket No. 8563; Notice 67-51 A] eter surface hardness to be several points file the same in quadruplicate with the below blueprint requirements. It is pro Hearing Clerk, U.S. Department of Agri FUEL JETTISONING SYSTEMS FOR posed that only new engine crankshaft culture, R o o m 112, Administration TRANSPORT CATEGORY AIRPLANES Building, Washington, D.C. 20250, within flyweight liners be installed during 7 days after the date of publication of Extension of Comment Period engine overhaul. Interested persons are invited to par this notice in the F ederal R egister. All The Federal Aviation Administration written submissions made pursuant to proposed in Notice 67—51, published in ticipate in the making of the proposed this notice will be made available for rule by submitting written data ana the Federal R egister (32 F.R. 17487), views. Communications should identity public inspection at the office of the December 6, 1967, to amend Part 25 of Hearing Clerk during official hours of the docket number and be submitted in the Federal Aviation Regulations to re duplicate to the Office of Regional Coun business (7 CFR 1.27 (b) ). vise the criteria for fuel jettisoning The proposed salable quantity and sel, FAA, Federal Building, Jonn r . systems. The notice stated that consid Kennedy International Airport, Jamaica, allotment percentage are based upon eration would be given to all comments recommendations of the Committee received on or before February 5, 1968. N.Y. 11430. , All communications received wflhm a made at their marketing policy meeting The Aerospace Industries Association days after publication in the F emral of January 26, 1968, and derive from the of America, Inc. (AIA), on behalf of its following determinations for the market R egister will be considered beforetakmg members, has requested a 30-day exten action upon the proposed rule. The> P ing year beginning August 1, 1968: sion of the time for comments on this (1) Total domestic consumption of 31 posals contained in this notice m y proposed regulatory action. The AIA in changed in light of comments received. million pounds of hops, minus; dicates that the additional time is (2) Imports of 10,500,000 pounds of All comments will be availablem necessary in order to coordinate the Office of Regional Counsel for examm hops or a resultant domestic consump various industry comments that have tion of U.S. hops of 20,500,000 pounds, been developed in the review of the pro tion by interested parties. plus; posal. In support of its request, the AIA In consideration of the foregoing, ! (3) Total U.S. exports of hops, 25,500,- points out that it is in the best interest proposed to issue a new airworthiness 000 pounds equaling 46 million pounds of the general public and the FAA if directive as hereinafter set fortn. total usage of hops, minus; coordinated industry comments are 1. Amend §39.13 of Part 39 of the (4) A desirable inventory adjustment, available to the FAA in considering final Federal Aviation Regulations by de as of September 1, 1969, of 5,826,000 rule-making action on this subject. AD 65-7-2 and adding a new airwortm- pounds, resulting in a proposed salable I find that petitioner has shown a sub ness directive described as follows: quantity of 40,174,000 pounds of hops; stantive interest in the proposed rules, (5) The total of all producer allot Pratt & W h itn e y Aircraft. Applies to Wasp. that good cause exists for the requested Jr., and R-985 Type Engines. ment bases approximates 59,252,000 extension, and that the extension is con Compliance required ^ indicate . ^ pounds and the proposed salable quantity sistent with the public interest. There To prevent further propeller is 68 percent of this total. However, the ures as the result of excessive wear o marketing order does not permit an fore, pursuant to the authority delegated FEDERAL REGISTER, VOL. 33, NO. 27— -THURSDAY, FEBRUARY 8, 1968 PROPOSED RULE MAKING 2713 engine crankshaft flyweight and flyweight it, in addition to specific comments in liners, accomplish the following: FEDERAL COMMUNICATIONS vited by this notice. (a) For engines operated with Hartzell propeller models HC-93Z30, HC-B3Z30, and Adopted: January 31, 1968. HC-B3W30 : COMMISSION (1) with 950 hours’ or more time in serv Released: February 5, 1968. [ 47 CFR Parts 0 and 97 ] ice after the last engine overhaul, within the F ederal C ommunications next 50 hours’ time in service after the [Docket No. 17989; FCC 68-103] C o m m is s io n , effective date of this AD and thereafter at intervals not to exceed 1,000 hours’ time in [ s e a l ] B e n F . W a p l e , AMATEUR EXTRA CLASS AND Secretary. service from the last engine overhaul, replace ADVANCED CLASS LICENSES the two engine crankshaft flyweight liners A. Part 0 of the Commission’s rules p/N 34461 with two new engine crankshaft Mail Examinations by Disabled proposed to be amended as follows: flyweight liners P/N 34461; inspect and re work or replace engine crankshaft flyweights Persons 1. Section 0r331(b) (10) is amended to read as follows: P/N’s 34462 and 34463 in accordance with 1. Notice of proposed rule making is Pratt & Whitney Aircraft Service Bulletin No. § 0.331 Authority delegated. 1758 Revision A dated November 18, 1964, or hereby given in the above-entitled later FAA approved revision; matter. * * * * * (2) with less than 950 hours’ time in serv 2. On August 24, 1967, the Commission (b) * * * ice after the last engine overhaul accom adopted its Report and Order (FCC 67- (10) To cancel amateur operator li plish the procedures of (a) (1) above prior 978) in Docket 15928, to amend Part 97 censes as provided in § 97.35 of this to the accumulation of 1,000 hours’ time in of its rules to establish an incentive chapter. service after the last engine overhaul and thereafter at intervals not to exceed 1,000 licensing program in the Amateur Radio * * * * * hours’ time in service from the last engine Service. Basically, the program provides B. Part 97 of the Commission’s rules overhaul. for privileges to be reserved to the is proposed to be amended as follows: Amateur Extra Class and Advanced 1. New § 97.28 is added to read as (b) Engines operated with a combina Class licensees as incentives for lower follows: tion of Hartzell propellers models HC- class licensees to obtain these licenses. 93Z30, HC-B3Z30, or HC-B3W30 and any The program further provides that ex § 97.28 Mail examinations for disabled other eligible propeller in excess of 950 aminations for the Amateur Extra Class applicants for Amateur Extra and hours’ time in service since last engine and Advanced Class licenses will be Advanced Class licenses. overhaul must have engine flyweight supervised by Commission personnel at (a) The Commission may permit the liners replaced and the engine crankshaft Field Offices. However, no provision is examination for an Amateur Extra or, flyweights inspected, reworked or re made for persons who, by reason of pro Advanced Class license to be admin placed as required by paragraph (a )(1). tracted disabilities, are unable to appear istered by a volunteer examiner selected (c) For engines operated with any for Commission supervised examinations. by the applicant when it is shown by other eligible propellers: (1) Engines 3. It is not intended that these persons a physician’s certificate that the ap with more than 1,550 hours’ time in serv be denied the opportunity to upgrade plicant is unable to appear for a Com ice after the last engine overhaul, within their licenses. The Commission pro mission supervised examination because the next 50 hours’ time in service after poses, therefore, to amend its rules to of protracted disability. the effective date of this AD and there permit examinations-by-mail for the Ob) The volunteer examiner for an after at intervals not to exceed 1,600 Amateur Extra Class and Advanced Class Amateur Extra or Advanced Class license hours’ time in service from the last licenses to be administered by volunteer examination shall be at least 21 years engine overhaul, replace the two engine examiners to disabled persons who are of age and shall be the holder of a class crankshaft flyweight liners P/N 34461 unable to appear for Commission super of amateur operator license equal to or with two new engine crankshaft fly vised examinations. The applicable pro higher than the class of license for which weight liners P/N 34461, inspect and re cedures would be very similar to those the applicant is being examined. The work or replace engine crankshaft which govern the presently authorized written portion of the examination shall flyweights P/N’s 34462 and 34463 in ac mail examinations for disabled persons be obtained, supervised, and submitted cordance with Pratt & Whitney Aircraft to obtain the Conditional Class license. in accordance with the procedures set Service Bulletin No. 1758 Revision A One change would relate to the qualifi forth in section 97.29 (b ). dated November 18, 1964 or later FAA cations of volunteer examiners since, approved revision. 2. Paragraph (a) and the note to sub- necessarily, holders of higher classes of paragraph (b) (1) of § 97.29 are amended (2) Engines with less than 1,550 hours’ licenses would be required. The specific to read as follows: time in service after the last engine overhaul, proposed rule changes are in the at accomplish the procedures of (c)(1 ) above tached appendix. § 97.29 Manner o f conducting examina prior to the accumulation of 1,600 hours’ tions. «me in service after the last engine, over 4. Authority for the proposed amend haul and thereafter at intervals not to ex ment is contained in sections 4(i) and (a) Except as provided by section ceed 1,600 hours’ time in service from the 303 of the Communications Act of 1934, 97.28, the examination for Amateur Ex last engine overhaul. as amended. tra, Advanced and General Classes of (d) Upon submission of substantiating 5. Pursuant to applicable procedures amateur operator licenses will be con . ata, through an FAA Maintenance Inspec set forth in § 1.415 of the Commission’s ducted by an authorized Commission em tor, the Chief, Engineering and Manufactur- rules, interested persons may file com ployee or representative at locations and ^ "tauch, FAA Eastern Region may adjust ments on or before April 1, 1968, and at times specified by the Commission. i„EL1le^e^ *ve inspection intervals specified (b) * * * m this AD. reply comments on or before April 15, (J) * * * (e) This supersedes AD 65-7-2. 1968. In accordance with the provisions of § 1.419(b) of the Commission’s rules, Note: When the applicant is entitled to ^ ( a)> 601, 603, Federal Aviation Act an original and 14 copies of all state examination credit for the code test under 01 1958; 49 U.S.C. 1354(a), 1421, 1423) ments, briefs, and comments filed shall one of the provisions of § 97.25, an applica Issued bvJamaica, N.Y. on January 30, be furnished the Commission, All rele tion may be submitted without regard to the 1968. 10-day limitation. The examiner’s request vant and timely comments and reply should then state that a code test was not W ayne Hendershot, comments will be considered by the administered for that reason. The applicant Acting Director, Eastern Region. should furnish details as to the class, num Commission before final action is taken. ber, and expiration date of any Commercial lpR. Doc. 68-1549; Filed, Feb. 7, 1968; The Commission may also take into ac radiotelegraph license involved. 8:46 a.m.] count other relevant information before FEDERAL REGISTER, VOL. 33, NO. 27— THURSDAY, FEBRUARY 8, 1968 2714 PROPOSED RULE MAKING 3. Section 97.35 (a) is amended to readcollateral as to which credit may be so materials will be made available for in as follows: extended shall consist only of convert spection and copying to any person upon request unless the person submitting the § 97.35 Additional examination for ible securities in respect to which the holders o f Novice, Technician, or creditor is so registered. A creditor who material requests that it be considered Conditional Class operator licenses. ceases to make a market in any or all of confidential. the securities for which he is registered, (a) A licensee who holds an amateur Dated at Washington, D.C., this 1st or intends to make a market in convert day of February 1968. license which was obtained by a mail ible securities other than those in which examination under the supervision of a he is currently so registered, shall amend By order of the Board of Governors. volunteer examiner may be required to his registration by promptly notifying Eseal] R obert I*. F orrestal, appear for a Commission supervised li the Federal Reserve Bank of the district Assistant Secretary. cense examination at a location desig in which his principal office is located. nated by the Commission. If the licensee [Fit. Doc. 68-1552; Filed, Feb. 7, 1968; Any such amendment will be effective . 8:45 a.m.] fails to appear for this examination when immediately on receipt. directed to do so, or fails to pass such (2) Every creditor shall file such examination, the operator license in weekly and other reports with respect volved shall be subject to cancellation. to his market making activities as the SECURITIES AND EXCHANGE When a Novice, Technician, or Con Board of Governors may prescribe. If a ditional Class license is canceled under creditor fails to file any such periodic this provision, a new license will not be report, the Board of Governors may issued for the same class operator license summarily suspend his registration [ 17 CFR Part 240, 2491 as that canceled. pending final determination of termina [Release No. 34-8242] ***** tion proceedings, which shall be insti [F.R. Doc. 68-1562; Filed, Feb. 7, 1968; tuted concurrently. ANNUAL INCOME AND EXPENSE 8:47 a.m.J (3) Any registration of a creditor may be terminated or restricted by action of Reporting by Registered Broker- the Board of Governors, after notice and Dealers Carrying Public Customer opportunity for a hearing, when, in the Accounts FEDERAL RESERVE SYSTEM judgment of the Board, the creditor is The Securities and Exchange Com not making a market in all or part of the mission announced that it has released 112 CFR Part 221 1 securities as to which he is so registered. for comment a proposed Rule 17a-10 [Reg. U] In making such determination, the under sections 17(a) and 23(a) of the Board of Governors may consider such Securities Exchange Act of 1934 (“Ex LOANS BY BANKS FOR THE PUR criteria as the capital adequacy of the change Act” ) which provides that regis POSE OF PURCHASING OR CAR creditor, the relative frequency of trans tered broker-dealers who carry public RYING REGISTERED STOCKS actions (both purchases and sales) in customer accounts shall file annual in issues in which the creditor has repre come and expense reports with the Com Creditor Who Makes a Market in sented to the Board that he makes mar mission or with a registered self-regula Convertible Securities kets, the relative prices at ^hich trans tory organization which will transmit the actions were executed on average and The Board of Governors is consider reports to the Commission. the volume of such transactions in re Under section 17(a) of the Exchange ing amending § 221.2 by adding a new lation to trading positions and allocated paragraph (Z) as follows: Act, the Commission has authority to capital. Upon termination of his regis require broker-dealers to “ * * * make, § 221.2 Exceptions to general rule. tration by the Board, as provided herein, keep, and preserve for such periods, such a creditor may not file a new registration accounts, correspondence, memoranda, Notwithstanding the provisions of statement for a period of six months § 221.1, a bank may extend and may papers, books, and other records, and maintain any credit for the purpose from the date of such action. make such reports, as the Commission specified in § 221.1, without regard to the The proposed exception to the general by its rules and regulations may prescribe limitations prescribed therein, if the rule is designed to avoid possible adverse as necessary or appropriate in the public credit comes within any o'f the following effects on the stability of the market interest or for the protection of in- for convertible securities by reason of the vestors.” In releasing the text of the pro descriptions: imposition of margin requirements on ***** posed rule, and the reporting forms to loans collateralized by such securities. be completed by broker-dealers in com (Z) (1) Any credit extended, against Broker-dealers who hold themselves out plying with this rule, the Commission collateral described below, to a creditor1 to the public as making a continuous invited views and comments of the subject to Part 220 of this chapter (Reg market in such securities and hence securities industry and of all interested ulation T) who holds himself out to the might be eligible, in the event that the groups or persons. public as making a continuous market in Board should deem it appropriate to any security convertible with or without The proposed reports will provide com adopt such an exception, should im prehensive financial data on a continu consideration into a stock registered on mediately undertake to supply the re a national securities exchange, or carry ing basis so that up-to-date information ports and information required by the will be readily available to the Com ing any warrant or right to subscribe to proposed subsection, in order to facilitate or purchase such stock, or any such war mission, the national securities ex prompt approval of their registration be changes and the National Association o rant or right (such security is referred fore March 11, 1968, the date by which to herein as a “convertible security” ) . Securities Dealers in connection witn additional deposits of margin would have performance of their respective respons To be eligible for this exception the to be made in respect to credit subject creditor must register with the Board of to loans affected by the new requirements lities. Governors by filing a registration state of § 221.3 (t). Forms for this purpose are The securities markets and the secu- ment on Federal Reserve Form U-3 with available at any Federal Reserve Bank. ties industry are undergoing rapia the Federal Reserve Bank of the district To aid in the consideration of this iange. It is necessary in the matter by the Board, interested persons iterest of the industry, as well as intne in which his principal office is located, iblic interest, that governmental regu specifying the securities in which he is are invited to submit, in writing, relevant tion and industry self-regulation ad prepared to make a market, which regis data, views, or arguments. Such material should be sent to the Secretary, Board of ist to the pace of such change an tration shall not be effective until ap Governors of the Federal Reserve Sys vare of the effects of this cha S proved by the Board of Governors. The tem, Washington, D.C. 20551, to be re le various types of firms engag ps. ceived not later than March ■6, 1968. le securities-business. It is also Under the Board’s rules regarding avail iry in the private and the public ^ i As defined in § 220.2(b) of Part 220 (Reg iat the securities industry remain ulation T ). ability of information (12 CFR 261), such FEDERAL REGISTER, VOL. 33, NO. 27— THURSDAY, FEBRUARY 8, 1968 PROPOSED RULE MAKING 2715 healthy and profitable and continue to In addition, in August and September of come and expenses for the calendar year assist the growth of our national 1967 the National Association of Securi on Form X-17A-10 (17 CFR 249.618). economy. To meet these needs, continu ties Dealers requested scune of its mem Paragraph (b) of the proposed rule ing and informed analysis not only of bers to participate in a’test of the pre (17 CFR 240.17ar-10) provides that a na the operations of the markets, but also liminary drafts of these forms and re tional securities exchange or a registered of persons and organizations serving the ceived reports and comments from 60 of national securities association may sub markets, is required. Occasional studies, its members. Comments and suggestions mit to the Commission a plan providing which have necessarily been limited and received from such reviews were carefully for reports from its members on forms which become obsolete quickly, must be considered by the staff. Many revisions consistent with Form X-17A-10 (17 CFR supplemented by a continuing flow of were made, based on these helpful sug 249.618), and for the transmission to the reliable data concerning the operations gestions, in an effort to obtain disclosure Commission of copies of such reports. of and changes in the industry. Such which would best serve the public interest Such a plan may also provide that, in information is not now available to any and help the Commission fulfill its duty transmitting copies of such records to the one on a continuing basis concerning of investor protection, while at the same Commission, the names and addresses important segments of the securities time avoid imposing unreasonable bur of members whose information is trans industry. It is anomalous that agencies dens on broker-dealers. mitted may be omitted. Upon Commis having broad and comprehensive regu A three-part form, designated Form sion approval of such a plan, the latory responsibilities with respect to an X-17A—10 la (17 CFR 249.618), was de members of the exchange or association industry do not have adequate informa veloped. A reporting broker-dealer (i.e., which submitted the plan are to file their tion on a continuing current basis con one who carries securities accounts for reports directly with the Exchange or cerning the economics of that industry. public customers) need complete only association in accordance with the plan. At present, the Commission, the na one part of the form.lb Part I, which is Under paragraph (c) of the proposed tional securities exchanges and the Na quite brief, is to be completed by broker- rule (17 CFR 240.17a-10), the Commis tional Association of Securities Dealers dealers who receive 80 percent or more of sion will afford non-public treatment to receive a substantial amount of informa their gross income from mutual fund the individual reports filed by, or on be tion, but this information is received at retailing. Part II, the “short form,” is to half of, broker-dealers and exchange various times and sometimes in a form be completed by all other broker-dealers members, except in cases where it deter preventing meaningful comparison. The except those whose annual securities mines that it is in the public interest Commission believes it is necessary that gross income is $500,000 or more, or who to direct otherwise. The Commission more comprehensive information with are members of the New York Stock plans to publish from time to time the respect to all significant units in the in Exchange. Part III, which closely paral fumishedjnformation on an aggregate dustry be available regularly and on a lels a revised version of the income and basis. comparable basis to the extent feasible. expense report the New York Stock Ex The text of the proposed rule is as The proposed forms would provide dif change requires from its members, is to follows : ferent degrees of detail depending upon be completed by (a) all member organi the business, volume and product-mix of § 240.17a—10 Report on income and zations of the New York Stock Exchange, expenses. the various types of securities firms. and (b) broker-dealers whose gross in This need was reflected in the institu come is $500,000 or more. The part of (a) Every member of a national secu tion by the New York Stock Exchange the form to be filed by a regional ex rities exchange and every broker or dealer several years ago of a requirement for change member organization who is not registered pursuant to section 15 of the the provision of income and expense re a member of the New York Stock Ex Act shall, not later than 90 days after ports by some of its members. The sub change would be determined by the the close of each calendar year, file a re stantial increases in trading volume, the firms’ gross securities income. port of his income and expenses and re growth in importance of business in mar According to surveys made by the Na lated financial and other information for kets other than the New York Stock tional Association of Securities Dealers of such calendar year on Form X-17A-10 la Exchange, the interaction of certain'of its 3,600 members over the past few years, (17 CFR 249.618) unless such member, these markets with the primary listed it has been estimated that Part I will broker, or dealer carried no securities ac market, competitive developments, mas be completed by approximately 1,000 counts for public customers during such sive institutional participation, and the members, Part n by approximately 2,200 calendar year. more rapid application of automation are members, and Part m by approximately (b) The provisions of paragraph (a) having their impact on all of these 400 members—this last figure includes of this section shall not apply to a mem markets and upon all firms, large and members of the New York Stock Ex ber of a national securities exchange or a small, engaged in various aspects of the change. registered national securities association securities business. Each of the three major parts con which maintains records containing the 1One of the purposes to be served by tains a request for income and expense information required by Form X-17A-10 the information in the reports will be to data, plus information concerning the (17 CFR 249.618) as to each of its mem Provide on a continuing, industry-wide firm’s capital funds and financial con bers; and which transmits to the Com basis the amount, breakdown and trends dition appropriate to the type of income mission a copy of the record as to each of income derived from the various activ and expense data requested in that part. such member, pursuant to a plan the ities which make up the securities busi The financial statements are not required procedures and provisions of which have ness and the expenses properly allocable to be audited. The forms are designed for been submitted to and declared effective to such income. This will permit the ready utilization in the-Commission’s by the Commission. Any such plan filed Commission and the institutions of the computer. by a national securities exchange or a industry to assess in an informed way Paragraph (a) of the proposed rule registered national securities association and with current data the financial im (17 CFR 240.17a-10) requires that every may provide that, in transmitting copies pact of the developments now occurring member of a national securities exchange of such records to the Commission, the “i all the securities markets, and any and every broker or dealer registered names and addresses of members as to Proposals by the Commission or by others pursuant to section 15 of the Exchange whom such information is transmitted ior changes in rules and practices, on the Act (unless he carries no securities ac may be omitted, and may further provide organizations and firms serving those that when a member is also a member markets. counts for public customers) file, not’ later than 90 days after the close of of one or more national securities ex , ^ e past 2 years, the Commission each calendar year, a report of his in- changes, or of one or more national ™an has carried on discussions with rep- securities exchanges and a registered na sentatives of broker-dealer organiza- ons concerning the proposed reporting la Form filed as part of the original tional securities association, the in document. formation required to be submitted with J T ments an(t the forms which these lb Special froms are in preparation for ex P P ySshould take. The draft forms pre- change members, such as specialists and floor vipnJu Commission staff were re- traders, who do not ordinarily carry public la Form filed as part of the original docu wod by these industry representatives. customers’ accounts. ment. FEDERAL REGISTER, VOL. 33, NO. 27— THURSDAY, FEBRUARY 8, 1968 2716 PROPOSED RULE MAKING respect to any such member may_.be [ 17 CFR Port 274 1 mission to screen on a continuing basis the information furnished in the annual transmitted by only one specified na [Release Nos. 34-8240, IC-5246] tional securities exchange or registered reports in order to ascertain the areas national securities association. For the MANAGEMENT INVESTMENT of information and the companies in purpose of this section, a plan filed with COMPANIES which problems exist. The Commission the Commission by a national securities believes that the automated processing exchange or a registered national securi Annual Report; Revision of Form of data made possible by the use of the ties association shall not become effective N-1R EDP attachments will materially im unless the Commission, having due prove its means for protecting the pub Notice is hereby given that the Securi lic interest and the interests of investors regard for the public interest, for the ties and Exchange Commission has under protection of investors,' and for the ful in registered investment companies. consideration a proposed revision of The numbers of the items of the EDP fillment of the Commission’s functions Form N-1R (17 CFR 274.101) for annual under the provisions of the Act, declares attachments correspond to the item reports filed with the Commission by reg numbers of Fortn N-1R (17 CFR 274.101). the plan to be effective. Further, the istered management investment com Commission, in declaring any such plan The attachments, with limited excep panies (except those issuing periodic tions, would not require information to effective, may impose such terms and payment plan certificates and small busi conditions relating to the provisions of be included which is not presently re ness investment companies, for which quired by the items of Form N-1R (17 the plan and the period of its effective other annual report forms are pre CFR 274.101). The General Instructions ness as may be deemed necessary or scribed) pursuant to section 30 of the to the EDP attachments would provide appropriate in the public interest, for the Investment Company Act of 1940 (“Act”) that in filling in the items thereof the protection of investors, or to carry out (15 U.S.C. 80a-29) and section 13 or pertinent instructions appearing in the the Commission’s duties under the Act. 15(d) of the Securities Exchange Act of comparable items of Form N-1R (17 CFR 1934 (15 U.S.C. 78m, 78o). 274.101), as well as any instructional , (c) Individual reports filed by, or on The proposed revision would append notes appearing in the EDP attachments, behalf of, brokers, dealers or members to the present Form N -1R1 (17 CFR are to be observed. In order to assure of national securities exchanges pursuant 274.101) , effective for fiscal years ending that the information in the EDP attach to this section are to be considered non on and after December 31, 1967, attach ments would be complete for data proc public information, except in cases where ments to be used to furnish data to the essing purposes, the instructions would Commission in a form readily adaptable the Commission determines that it is in not permit the incorporation of informa for electronic data processing purposes. tion by reference in filling in the attach the public interest to direct otherwise. These attachments, referred to as “EDP ments. However, in answering the items Subpart G— Forms for Reports To Be attachments,” would be filled in by reg of Form N-1R (17 CFR 274.101), infor Made by Certain Exchange Mem istered investment companies filing an mation may be incorporated by reference nual reports on Form N-1R (17 CFR to the information appearing in the same bers, Brokers, and Dealers 274.101) and would be included as ex item of the EDP attachment for the same § 249.618 Form X-17A-10—Informa hibits to the reports. Exact copies of the fiscal year. tion required o f Exchange members, attachments could be reproduced by As indicated above, a limited amount brokers, and dealers pursuant to sec registrants for this purpose in the form of information which is not presently tion 17 of the Act and § 240.17a—10 prescribed, or copies would be furnished included as such in the present Form of this chapter. by the Commission upon request. The N-1R (17 CFR 274.101) would be in This Form1 must be executed and EDP attachments would be provided in cluded in the EDP attachments. This separate form for open-end and closed- information would summarize certain filed by every member, broker, or dealer end investment companies to furnish in required to file a report under § 240.17ar- pertinent basic information which can formation specified in Part I and Part be readily processed from the attach 10(a) of this chapter, unless such mem n , respectively, of Form N-1R (17 CFR ments or used to facilitate the processing ber, broker or dealer has filed the in 274.101) . of other data. The information consists formation required by the Form with a The information presently required by primarily of Social Security numbers or national securities exchange or a reg Form N-1R (17 CFR 274.101) is, for the Internal Revenue Service employers most part, in narrative form or in other identification numbers of affiliated and istered national securities association in form not readily adaptable for electronic conformity with a plan adopted by the other related persons of registrant; clas data processing purposes. The proposed sifications of the registrant by size and exchange or association pursuant to EDP attachments are designed to provide type (Item 1.00) ; amounts used by me § 240.17a-10(b). specific answers, where feasible, to items registrant in computing its operating of Form N-1R (17 CFR 274.101) in spaces expense and income ratios (Item l.o All interested persons are invited to provided in the attachments. These an submit their views and comments on the d-g) ; details of registrant’s shares sola, swers would either set forth the sub redeemed, and repurchased (Item i.u< Commission’s proposed rule and its ac stance of the information required by (a) for open-end companies); certain companying Form X-17A—10 to the such items, in figures or other concise policies of the registrant (Item 1.2ow Securities and Exchange Commission, form, or would indicate whether there 4 to 6) ; data on sales load and sales orga was affirmative or negative response to Washington, D.C. 20549, on or before nization (Item 1.36 for open-end com items of the annual report on Form N-1R panies) ; and portfolio composition (item March 1, 1968. Except where it is (17 CFR 274.101) for the fiscal year. requested that such communications not Í.39). The uniform arrangement of informa The General Instructions to Form be disclosed, they will be considered tion in concise form in the EDP attach N-1R (17 CFR 274.101) would be revisea available for public inspection. ments will facilitate the processing of to prescribe the EDP attachments, data through the use of the Commis By the Commission. instructions would also ber revised to sion’s computer. The attachments will quire that eight copies of P arti ol _ [ seal! O rval L. D uB ois, be used as source documents for auto Secretary. report, including the Part I EDPatta mated processing of information with ment, shall be filed with the Com • F ebruary, 1,1968. respect to investment companies. This Four of such copies would be xep [F.R. Doc. 68-1540; Filed, Feb. 7, 1968; processing will enable the Commission the Commission’s principal office 1 to retrieve and analyze more efficiently 8:45 a.m.] use of the staff and for public pertinent financial data for use in indus The additional copies would be P try studies. It will also enable the Com- iparm filed as part of the original docu in the principal regional °® ces,° ~;ce ment. Copies may be obtained from the Com Commission and in the reg^?^" t haS mission’s headquarters office or from its i Form filed as part of the original for the region in which the registrant nas regional offices. document. FEDERAL REGISTER, VOL. 33, NO. 27— THURSDAY, FEBRUARY 8, 1968 PROPOSED RULE MAKING 2717 its principal office. (It would no longer nual reports for fiscal years beginning 78o(d), 78w; 30, 31, 38, 45(a), 15 U.S.C. be necessary for the registrant to file a prior to January 1,1965. 80a^29, 80a-30, 80a-37, 80a-44(a)) • copy separately with the regional office.) The proposed revision would be By the Commission. This would make the information con adopted pursuant to sectibns 30, 31, 38, tained in Part I of the report more and 45(a) of the Act (15 U.S.C. 80a-29, O rval L. D u B o is , readily available to interested persons, in 80a-30, 80a-37, 80a-44(a)) and sections Secretary. line with recommendations of the Spe 13, 15(d), and 23(a) of the Securities January 29, 1968. cial Study of Securities Markets. The Exchange Act of 1934 (15 U.S.C. 78m, The proposed revision would read as instructions would also provide that if 78o(d), 78w). All interested persons are follows: the registrant desires to have Part II of invited to submit views and comments § 274.101a—1 EDP attachment for Form the report, including the Part II EDP with respect to the proposed revision of N-1R o f registered open-end man attachment, classified as a nonpublic annual report Form N-1R (17 CFR 274.- agement investment company. filing, and binds a n d signs it separately 101), which is reflected in the attached This attachment shall be used by regis from Part I as specified in the instruc draft of the EDP attachments proposed tions, the registrant shall file five copies tered open-end management investment to be appended to the form and in the companies as an exhibit to annual re of Part II with the Commission. Part n related changes described above. Any would thereupon be classified by the ports filed on Form N-1R,X pursuant to views or comments should be submitted section 30 of the Investment Company Commission pursuant to the provisions in writing to the Securities and Exchange of section 45(a) of the Act (15 U.S.C. Commission, Washington, D.C. 20549, on Act of 1940.*This attachment has been 44(a) ) as a nonpublic filing, in the same filed as part of this document, and copies or before February 29, 1968. The Com of the attachment may be obtained from manner and subject to the same condi mission does not anticipate that the pe tions as provided in the present Form the headquarters office of the Securities riod for filing views or comments will be and Exchange Commission. N-1R (17 CFR 274.101). extended beyond that date in view of the The facing page of Form N-1R (17 CFR § 274.101a—2 EDP attachment for Form proposal that the revisions be made ef N—1R of registered closed-end man 274.101) would be revised to provide for fective for fiscal years ending on and agement investment company. the inclusion of the Internal Revenue after December 31, 1967. However, the Service employers’ identification num This attachment shall be used by regis first reports on the revised Form N-1R tered closed-end management invest bers of the registrant and its investment (17 CFR 274.101) would not be required ment companies as an exhibit to annual adviser and principal underwriter. Item to be filed earlier than 60 days after the reports filed on Form N-1R,1 pursuant 1.11(a) of Form N-1R (17 CFR 274.101) to section 30 of the Investment Company date of the adoption of the revision by would also be revised to provide for the Act of 1940 and section 13 or 15(d) of the inclusion of the Social Security numbers the Commission. All communications Securities Exchange Act of 1934. This with respect to the proposed revision of the affiliated persons of the registrant attachment has been filed as part of this document, and copies of the attachment to be listed therein. These numbers will should refer to Investment Company Act may be obtained from the headquarters assist the Commission in placing infor Release 5246. Except where it is requested that such communications not be dis office of the Securities and Exchange mation into its computer. The only other Commission. revision in the items of the present Form closed, they will be available for public inspection. [F.R. Doc. 68-1541; Filed, Feb. 7, 1968; N-1R (17 CFR 274.101) would be to 8:46 a.m.] eliminate outdated references to the (Secs. 13, 15(d), 23(a), 48 Stat. 894, 895, 901, as amended, secs. 3, 8, 49 Stat. 1377, 1379, 1 Form filed as part of the original docu manner of reporting information in an secs. 4, 6, 78 Stat. 569, 570, 15 U.S.C. 78m, ment. No. 27------6 FEDERAL REGISTER, VOL. 33, NO. 27— THURSDAY, FEBRUARY 8, 1968 2718 N otices tribution Line,” and filed in the office of the Sixth Principal Meridian, Colorado Federal Power Commission on June 18, 1940. DEPARTMENT OF THE INTERIOR GRAND COUNTY Bureau of Land Management 4. Of the areas described, the W ^SE1^ B lock A and NE^SWVa, sec. 9, T. 13 N., R. 17 E., T. 3 N„ R. 81 W„ CALIFORNIA are withdrawn by Public Land Order No. Secs. 3 and 11. 2763 of August 28, 1962, in connection T. 4 N., R. 81 W., Opening of Land From Waterpower with the D. L. Bliss Memorial State Park; Secs. 4 to 10, inclusive; Withdrawals and the NWASEViSWA, sec. 12, T. 12 Secs. 17,18, and 34. N., R. 17 E., and NEV4NE%, SW%NE%, T. 5 N., R. 81 W., F ebruary 1,1968. Secs. 19 to 22, inclusive; sec. 21, T. 13 N., R. 17 E., are withdrawn Secs. 28 to 33, inclusive. By virtue of the authority contained in by Public Land Order No. 3342 of March T. 5 N., R. 82 W., section 24 of the Act of June 10, 1920 (41 2, 1964, as a roadside zone. Sec. 25. Stat. 1075; 16 U.S.C. 818), as amended, 5. At 10 a.m., March 7, 1968, the land and pursuant to authority delegated to will be open to such forms of disposition The public lands described in this me by Acting Manager, November 18, as may by law be made of national forest block aggregate approximately 5,000 1965 (30 F.R. 14444), it is ordered as lands, subject to the provisions of exist acres. follows: Block B ing withdrawals. The land in' transmis T. 1 N., R. 75 W., 1. In an order issued October 17, 1932, sion lines have been subject to the Gen Sec. 31. the Federal Power Commission vacated eral Determination of the Federal Power T. 1 N., R. 76 W., EP-878-California for the following de Commission issued April 17, 1922. Secs. 1 to 5, inclusive; scribed land lying above elevation 6,379 Secs. 7 to 15, inclusive; J esse H. Johnson, feet, U.S. Survey Datum: Secs. 17,18, and 20; Acting Chief, Secs. 22 to 26, inclusive; M ount Diablo M eridian Lands Adjudiction Section. Secs. 31, 32, and 35. T. 12 N., R. 17 E., T. 2 N., R. 76 W„ Sec. 14, lots 7 and 8. [FR. Doc. 68-1534; Filed, Feb. 7, 1968; Secs. 4 and 6; 8:45 a.m.] Secs. 17 to 20, inclusive; 2. In an order issued October 17, 1932, Secs. 22, 23, 25, and 26. the Federal. Power Commission vacated [C—3436] T. 3 N., R. 76 W., EP-714-Califomia for the following de Secs. 19 to 21, inclusive; scribed land: COLORADO Secs. 28 and 29; Secs. 31 to 33, inclusive. T. 12N..R. 17 E., Notice of Proposed Classification of T. 1 N., R. 76 y2 W., Sec. 14,SW^SW%. Public Lan d s for Multiple-Use Secs. 1 and 12. T. 1 N., R. 77 W., 3. In an order issued August 28, 1967, Management the Federal Power Commission vacated Secs. 3 to 6, inclusive; January 30,1968. the power withdrawal created by the fil Secs. 8 to 11, inclusive; ing on April 18, 1929, of an application 1. Pursuant to the Act of September Secs. 14, 15, and 17. 19, 1964 (43 U.S.C. 1411-18) and to the T. 2 N., R. 77 W., for license and on June 18, 1940, of an Secs. 11,13, and 14; 'application for amendment by Sierre regulations in 43 CFR Parts 2410 and Secs. 23 to 28, inclusive; Pacific Power Co. for transmission line 2411, it is proposed to classify for multi Secs. 32 to 36, inclusive. Project No. 982 for the following de ple-use management the public lands T. 3 N., R. 77 W., scribed -land within the Eldorado Na within the areas described below, to Secs. 25 and 35. tional Forest: gether with any lands therein that may T. 1 N., R. 78 W., become public lands in the future. Pub Secs. 1 and 12. M ount D iablo M eridian lication of this notice has the effect of T. 1 S., R. 76 W., All portions of the following tracts lying segregating all the described lands from Secs. 6 to 8, inclusive; within 5 feet of the centerline of the trans appropriation only under the agricul Secs. 17,18, 20, and 21. mission line location shown on a map des T. 1 S., R. 77 W., tural land laws (43 U.S.C. Parts 7 and Secs. 1,2, and 12. ignated “Exhibits J and K” and entitled 9, 25 U.S.C. 334) and from sale under “Proposed Meeks Bay-Fallen Leaf 13 K.V. The public lands described in this Transmission Line to be filed with Federal section 2455 of the Revised Statutes (43 U.S.C. 1171). All the described lands block aggregate approximately 21,000 Power Commission by Sierra Pacific Power acres. Co., Reno, Nev.” and filed in the office of shall remain open to all other applicable Block C the Federal Power Commission on April 18, forms of appropriation, including the T. 1 N„ R. 78 W., 1929: m i n i n g and mineral leasing laws. As Sec. 15; T. 12 N.,R. 17 E„ used in this order, the term “public Secs. 19 to 22, inclusive; Sec. 12, SE^SW%; lands” means any lands withdrawn or Sec. 27. Sec. 14, lots 7, 8, SW%SWV4: reserved by Executive Order No. 6910 T. 1 N„ R. 79 W., Sec. 15, lots 7 and 8. of November 26, 1934, as amended, or Sec. 11; T. 13 N., R. 17 E., within a grazing district established pur Secs. 13 to 23, inclusive; Sec. 21, NE%NEi4, SWy4NEi/4, SEi/4NWy4. Secs. 25 to 27, inclusive; suant to the Act of June 28, 1934 (48 Secs. 30 to 35, inclusive. All portions of the following described Stat. 1269), as amended, which are not T. 1 N., R. 80 W., tracts lying within 25 feet of the centerline otherwise withdrawn or reserved for^a Secs. 13 to 15, inclusive; , of the transmission line location shown on Federal use or purpose. Secs. 19 to 26, inclusive; above described map: 2. The public lands proposed for clas Secs. 28 to 36, inclusive. T. 13 N., R. 17 E., sification are located within the follow T. 1 N., R. 81 W., Sec. 9, Wi/2SE14, NEy4 SW%. ing described area and are shown on Secs. 6 to 8, inclusive; Sec. 13; All portions of the N^NE5i4, SW%NE%, maps on file in the Glenwood Springs Secs. 17 to 24, inclusive; sec. 21, T. 13 N., R. 17 E., M.D.M., California, District Office, Bureau of Land Manage Secs. 26 to 35, inclusive. lying within the 15-foot strip embracing the ment, Glenwood Springs, Colo., and T. 1 S., R. 78 W., power transmission line right-of-way relo Land Office, Bureau of Land Manage Secs. 4 and 5; cation as shown on an amendatory map des ment, New Federal Building, Denver, Secs. 7 to 9, inclusive; ignated “Exhibits J and K” and entitled Secs. 17, 18, 20, 28, 33, and 34. “ Meeks Bay-Fallen Leaf Lake 13 K.V. Dis Colo. FEDERAL REGISTER, VOL. 33, NO. 27— THURSDAY, FEBRUARY 8, 1968 NOTICES 2719 T. 1 S.( R. 79 W., their views in writing to the undersigned T. 20 S., R. 32 E., Secs. 5 to 7, inclusive; * officer of the Bureau of Land Manage Sec. 36. Secs. 12, 13, 18, and 24. T. 21 S., R. 27 E., T. 1 S., R. 80 W„ ment, Department of the Interior, Chief, Division of Lands and Minerals, Program Sec. 28, E ^ ; Secs. 1 to 6, inclusive; Sec. 31, S%; Secs. 8 to 11, inclusive; Management and Land Office, Post Of Sec. 32, sy2. Secs. 13 to 15, inclusive; fice Box 1449, Santa Fe, N. Mex. 87501. T. 22 S., R. 26 E., Secs. 17, 20, 21, 23, 26, and 28; The authorized officer of the Bureau Sec. 10, S ^ . Secs. 33 to 36, inclusive. of Land Management will undertake such T. 22 S., R. 27 E., The public lands described in this investigations as are necessary to deter Sec. 16, Ni/2. block aggregate approximately 21,000 mine the existing and potential demand T. 22 S., R. 29 E„ for the land and its resources. He will Sec. 7, SW]4; acres. Sec. 20, W%. B lock D also undertake negotiations with the ap plicant agency with the view of adjusting T. 23 S..TI. 28 E., T. 1 S., R. 81 W., sec. i, wy2. Sec. 1; the application to reduce the area to the Secs. 5 to 9, inclusive; minimum essential to meet the appli M url W . S torms, Sec. 15; *. cant’s needs, to provide for the m aximum Acting State Director. Secs. 17 to 23, inclusive; concurrent utilization of the land for Secs. 27 and 28; [F.R. Doc. 68-1537; Filed, Feb. 7, 1968; Secs. 30 to 35, inclusive. purposes other than the applicant’s, to 8:45 a.m.] eliminate land needed for purposes more The public lands described in this essential than the applicant’s, and to [S 1262, S 1263] block aggregate approximately 6,000 reach agreement on the concurrent man acres. agement of the land and its resources. CALIFORNIA B lock E He will also prepare a report for con T. 1 S., R. 82 W., sideration by the Secretary of the In Notice of Proposed Classification of Secs. 1,3, 6, and 7; terior who will determine whether or Public Lan d s for Multiple-Use Secs. 10 to 15, inclusive; Sec. 17; not the land will be withdrawn as Management Secs. 19 to 35, inclusive. requested by the applicant agency. 1. Pursuant to the Act of September The determination of the Secretary on 19, 1964 (78 Stat. 986; 43 U.S.C. 1411-18) The public lands described in this block the application will be published in the aggregate approximately 8,000 acres. and to the regulations in 43 CFR, Parts Federal R egister. A separate notice will ?410 and 2411, it is proposed to classify The total area of public lands described be sent to each interested party of record. for multiple-use management the public aggregate approximately 61,000 acres. If circumstances warrant it, a public lands in paragraph 3, together with any 4. For a period of 60 days from the hearing will be held at a convenient time lands located in the areas described in date of publication of this notice in the and place, which will be announced. paragraph 3 that may become public Federal R egister, all persons who wish The land involved in the application is: lands in the future. As used herein, “pub to submit comments, suggestions, or ob New M exico P rincipal Meridian, New Mexico lic lands’’ means any lands withdrawn or jections in connection with the proposed T. 26 N., R. 10 E., reserved by Executive Order No. 6910 of classification may present their views in Sec. 4, lots 1, 2, 3, 4, S&N&, and S%. November 26, 1934, as amended, or writing to the District Manager, Bureau within a grazing district established pur of Land Management, Glenwood Springs, The area described aggregates 630.44 acres. suant to the Act of June 28, 1934 (48 Colo. 81601. $tat. 1269), as amended, which are not 5. A public hearing on the proposed M ichael T. S olon, Chief, Division of Lands and otherwise withdrawn or reserved for a classification will be held at 10 a.m., Federal use of purpose. March 6, 1968, at the Bureau of Land Minerals, Program Manage ment and Land Office. 2. Publication of this notice has the Management Area Office in Kremmling, effect of segregating (a) all public lands Colo. 80459. [P.R. Doc. 68-1536; Filed, Feb. 7, 1968; described below from appropriation only 8:45 a.m.] under the agricultural land laws (43 J. Elliott Hall, Acting State Director. U.S.C., Chs. 7 and 9; 25 U.S.C., sec. 334) [OR 1808] and from sale under section 2455 of the [F.R. Doc. 68-1535; Piled, Feb. 7, 1968; revised statutes (43 U.S.C. 1171) and (b) 8:45 a.m.] OREGON the lands described in paragraph 4 from Notice of Termination of Proposed appropriation under the mining laws (30 [4349] U.S.C., Ch. 2). The lands shall remain Classification of Public Lands open to all other applicable forms of NEW MEXICO F ebruary 2,1968. appropriation. Notice of Proposed Withdrawal and Notice of a proposed classification of 3. The public lands are located within Reservation of Lands public lands for multiple-use manage Tehama and Butte Counties and include ment was published as F.R. Doc. 67- the Feather River and Yolla Bolly Plan January 31,1968. 13115 on page 15494 of the issue for ning Units. For the purpose of this pro The Forest Service, U.S. Department Tuesday, November 7, 1967, with a cor posed classification, the lands within °f Agriculture has filed application, serial rection notice appearing on page 16537 of each planning unit have been subdivided number New Mexico 4349 for the with the issue for Saturday, December 2, 1967. into blocks. Each block has been analyzed drawal of the land described below. The The proposed classification has been in detail and described in documents and jana was conveyed to the United States canceled insofar as it involved the lands on maps available for inspection at the Pursuant to section 8 of the Taylor Graz described below. Therefore, pursuant to Redding District Office, Bureau of Land es Act. It lies within the exterior bound- the regulations contained in 43 CFR Management, 2460 Athens Avenue, Red ?nes °f the Carson National Forest. It 2411.2(e) (2) (ii), such lands will be at 10 ding, Calif. 96001 and on the records in nns not been open to entry under the a.m. on March 11, 1968, relieved of any the Sacramento Land Office, 650 Capitol ti? i ^anc^ Irws. The applicant desires segregative effect the above-mentioned Mall, Sacramento, Calif. 95814. for the addition to, and the proposed classification may have had. The overall description of the areas are nsolidation with national forest lands The lands involved in this notice of as follows: th per?u^ more efficient administration termination are: Y olla B ollt Planning Un it (S 1262) ereof in the conservation of natural T eham a County resources. W illamette M eridian MOUNT DIABLO MERIDIAN, CALIFORNIA nf^uu peF*0<* °f 30 days from the date T. 19 S„ R. 31 E., Sec. 16. B lock I who •ca^on of this notice, all persons T. 19 S., R. 32 E., ti Wlsh to submit comments, sugges- Sec. 3, Ey2. All public lands in: thn 0r objections in connection with T. 20 S., R. 30 E., T. 25 N., R. 6 W., Proposed withdrawal may present Sec. 5,SEi4. Sec. 30. FEDERAL REGISTER, VOL. 33, NO. 27— THURSDAY, FEBRUARY 8, 1968 2720 NOTICES T. 23 N., R. 7 W., T. 20 N., R. 5 E., The foregoing concessioner has per Secs. 2, 3,10,11,12, and 14. Secs. 1, 12, 13, 20 to 29, inclusive, and 32 to formed his obligations under an existing T. 24 N., R. 7 W., 36, inclusive. permit to the satisfaction of the National Secs. 2, 3, 4, 10, 11, 12, 14, 15, 22, 23, 26, 27, T. 19 N„ R. 6 E., Park Service, and therefore, pursuant to 34, and 35. Sec. 6. T, 20 N„ R.6E., the Act cited above, is entitled to be given T. 25 N., R. 7 W., preference in the issuance of a new per Secs. 2, 3, 4, 10, 11, 14, 15, 22, 23, 25 to 28, Secs. 4 to 8, inclusive, 17 to 20, inclusive, inclusive, 33, 34, and 35. and 28 to 31, inclusive. mit. However, under the Act cited above, the Secretary is also required to consider T. 26 N., R. 7 W., B lock V Secs. 2 to 11, inclusive, 14 to 24, inclusive, and evaluate all proposals received as a and 26 to 35, inclusive. All public lands in: result of this notice. Any proposal to be T. 27 N., R. 7 W., T. 25 N„ R. 1 E., considered and evaluated must be sub Secs. 18 and 32. Sec. 14. mitted within thirty (30) days after the T. 26 N., R. 8 W., 22 N.,R. 2 E„ date of publication of this notice. In Secs. 1, 2, 8 to 27, inclusive, and 31 to 36, Sec. 36, NE14NE14, sy2NE%. terested parties should contact the Su inclusive. T. 24 N„ R. 2 E., perintendent, Glacier National Park, T. 27 N„ R. 8 W., Secs. 2,10, and 22. West Glacier, Mont. 59936, for informa Secs. 4 to 10, inclusive, 13 to 27, inclusive, T. 24 N„ R.4E., Sec. 34. tion as to the requirements of the pro 34, 35, and 36. posed permit. T. 28 N., R. 8 W., T. 29 N„ R. 1 W., Sec. 28. Dated: January 16,1968. Sec. 32. T. 27 N„ R. 2 W., T. 27 N., R. 9 W., Secs. 4 and 8. K eith P. Neilson, Secs. 1,12,13, and 24. Superintendent, T. 28 N., R. 9 W., The public lands proposed to be classi Glacier National Park. Secs. 22, 26, 27, 28, 33, 34, and 35. fied aggregate approximately 24,400 [F.R. Doc. 68-1538; FUed, Feb. 7, 1968; Block 11 acres in the Yolla Bolly Planning Unit and 14,955 acres in the Feather River 8:45 a.m.] All public lands in : Planning Unit. T. 24 N., R. 2 W., 4. As provided in paragraph 2 above, ROCKY MOUNTAIN NATIONAL PARK Secs. 3 and 10. the following lands are further segre AND SHADOW MOUNTAIN NA Feather R iver Planning Un it (3 1263) gated from appropriation under the min T ehama and Butte Counties ing laws (totaling approximately 200 TIONAL RECREATION AREA, COLO. MOUNT DIABLO MERIDIAN, CALIFORNIA acres): MOUNT DIABLO MERIDIAN Notice of Intention To Issue Block I Concession Permits T. 25 N., R. 1 E., All public lands in: Sec. 14, NW'/4NEy4, NWt4- Pursuant to the provisions of section T. 28 N., R. 2 W., 5. For a period of sixty (60) days from 5 of the Act of October 9, 1965 (79 Stat. Secs. 4 to 8, inclusive, 17 to 20, inclusive, the date of publication of this notice in 969; 16 U.S.C. 20), public notice is here and 30. by given that thirty (30) days after the the F ederal R egister, all persons who T. 29 N., R. 2 W., wish to submit comments, suggestions, publication of this notice, the Depart Secs. 6, 7, 8, 17 to' 20, inclusive, and 29 ment of the Interior, through the Super to 32, inclusive. or objections in connection with the pro posed classification may present their intendent, Rocky Mountain National T. 28 N., R. 3 W., Park and Shadow Mountain National Secs. 1, 12, 13, 14, and 23 to 26, inclusive. views in writing to the Redding District Manager, Bureau of Land Management, Recreation Area, proposes to issue con T. 29 N„ R. 3 W., cession permits for a period of 5 years, Secs. 12,13, 23 to 26, inclusive, and 36. 2460 Athens Avenue, Redding, Calif. 96001, or at the public hearing. from January 1, 1968 through Decem B lock II 6. A public hearing on this proposed ber 31, 1972, authorizing the following to All public lands in : provide services for the public at Rocky classification will be held at 10 a.m., on Mountain National Park and Shadow T. 29 N., R. 1 E., Thursday, March 7, 1968, in the Mens Mountain National Recreation Area: Secs. 1, 2, 3,11,12,13, and 24. Lodge Room, Veterans Memorial Build Harley Snyder, doing business as Lazy S. T. 29 N., R. 2 E., ing, Washington Avenue and Esplanade, Docks, R. J. Pickernell, doing business as Secs. 6, 7,18,19, and 20. Chico, Calif. Pick’s Boat Landing, Hubert Cretton, Block III For State Director. doing business as Rocky Mountain Climbing School and Guide Service. The All public lands in : R ichard H. T hompson, District Manager. foregoing concessioners have performed T. 23 N., R. 2 E., their obligations under existing permits Secs. 24, 25, and 26. [F.R. Doc. 68-1571 f~ Filed, Feb. 7, 1968; to the satisfaction of the National P8£K T. 22 N., R. 3 E„ 8:48 a.m.] Service, and therefore, pursuant to the Secs. 1 to 5, inclusive, and 8. Act cited above, are entitled to be given T. 23 N„ R. 3 E., National Park Service preference in the issuance of a new per Secs. 3, 4, 8, 9, 10, 15 to 22, inclusive, 27, 28, mit. However, under the Act cited above, and 32 to 36, inclusive. GLACIER NATIONAL PARK, MONT. the Secretary is also required to consider T. 24 N., R. 3 E„ Secs. 8, 17 to 24, inclusive, 26 to 30, in and evaluate all proposals received as a Notice of Intention To Issue result of this notice. Any proposal to be clusive, 32, 33, and 34. Concession Permit T. 21 N„ R. 4 E., considered and evaluated must be sub Secs. 4, 5, and 6. Pursuant to the provisions of section mitted within thirty (30) days after the T. 22 N., R. 4 E„ 5 of the Act of October 9, 1965 (79 Stat. date of publication of this notice. Secs. 6, 7, 8, 17 to 20, inclusive, and 28 to 969; 16 U.S.C. 20), public notice is here 33, inclusive. Interested parties should contact the by given that thirty (30) days after the Superintendent, Rocky Mountain Na Except for the public lands in: date of publication of this notice, the tional Park, Estes Park, Colo., for infor T. 22 N„ R. 3 E., Department of the Interior, through the Sec. S.-NE^NE^SE^SW^. Superintendent, Glacier National Park, mation as to the requirements of e T. 23 N„ R. 3 E., proposes to issue a concession permit to proposed permits. Sec. 20, SW)4NE^. Dr. Bruce C. McIntyre—Whitefish Clinic, F red J. Novak, authorizing him to provide Medical Superintendent. Block IV Services for the public at Glacier Na All public lands in: tional Park, for a period of one (1). year January 11,1968. from January 1, 1968 through December [F.R. Doc. 68-1539; Filed, Feb. 7, I968- T. 19 N„ R. 5 E., 8:45 a.m.] Secs. 1 to 6, inclusive, and 10. 31,1968. FEDERAL REGISTER, VOL. 33, NO. 27— THURSDAY, FEBRUARY 8, 1968 NOTICES 2721 Office of the Secretary The comments which were submitted1 This order shall be published in the have been evaluated, and the Board is F ederal R egister. DEFENSE COMMUNICATIONS now prepared to move forward with the AGENCY investigation. By the Civil Aeronautics Board. Administration The air carriers which responded indi [seal] Harold R . Sanderson, cated that they plan to continue with Secretary. The F.R. Doc., “Mission, Organization, their respective youth or young adult [FA. Doc. 68-1560; Filed, Feb. 7, 1968; and Functions of4he Defense Communi fare programs. Generally, the carriers 8:47 am.] cations Agency (DCA),” published at 32 maintain that the tariffs are lawful and P.R. 14781, approved by the Deputy Sec economic. The responding trunk carriers retary of Defense, is amended as follows: are divided on whether a hearing should WEST COAST AIRLINES, INC. In section 10. Administration, para be held to determine the lawfulness of graph a., now reads: the fares; the local service carriers re Notice of Application for Amendment' a. The Director, DCA, Vice Director, sponding generally take no position on of Certificate of Public Convenience and the Deputy Directors shall be com the question of a hearing, but they do and Necessity missioned officers of suitable general or state their intentions to participate con F ebruary 5,1968. flag rank appointed by the Secretary of structively if one is in fact held. Trans Notice is hereby given that the Civil Defense from officers of the Armed continental and NAMBO take the Aeronautics Board on January 26, 1968, Forces on active duty, who normally position that no hearing is necessary received an application, Docket 19532, shall be from different Services. There since there is no legal or factual basis from West Coast Airlines, Inc., for shall be no established system of inter- to justify the fares, but in the event that amendment of its certificate of public Service rotation or designation for these a hearing is held, Transcontinental sug convenience and necessity for route 77 posts. gests that all discount fares involving to authorize it to engage in nonstop serv M aurice W . R oche, status or age should be in issue.2 ASTA ice between Seattle, Wash, and San Fran Director, Correspondence and desires a hearing to explore the legality cisco, Calif. The applicant requests that Directives Division, OASD of the fares. its application be processed under the (Administration). After evaluating the responses to expedited procedures set forth in Sub [FA. Doc. 68-1528; Filed, Feb. 7, 1968; Order E-25581, we conclude that the in part M of Part 302 (14 CFR Part 302). 8:45 am.] vestigation of the current youth standby and young adult fares should be set down [ seal] H arold R. Sanderson, for hearing. We reject the bus operators’ Secretary. position that the fares are illegal per se. [F.R. Doc. 68-1561; Filed, Feb. 7, 1968; CIVIL AERONAUTICS BOARD However, since the carriers wish to con 8:47 a.m.] [Docket No. 19529] tinue the fares, we believe that a hearing should be held to determine whether or SPANTAX, S.A. not there are factual bases upon which the fares can be justified. Notice of Prehearing Conference FEDERAL RESERVE SYSTEM Accordingly, it is ordered: [Regs. G and IT] Notice is hereby given that a prehear 1. That the motion of Hawaiian Air ing conference on the above-entitled ap lines, Inc., for leave to file an unau CREDIT BY PERSONS OTHER THAN plication assigned to be held on Febru thorized document be and it hereby is BROKERS OR DEALERS FOR PUR ary 20, 1$68, at 10 a.m., e.s.t., in Room granted; 211, Universal Building, 1825 Connecti POSE OF PURCHASING OR cut Avenue NW., Washington, D.C., be 2. That the investigation heretofore CARRYING REGISTERED EQUITY fore Examiner Hyman Goldberg. instituted shall be set down for hearing SECURITIES before an Examiner of the Board at a Dated at Washington, D.C., February time and place hereafter designated; Adoption of Forms 2,1968. 3. That decision on the “contingent 1. The Board of Governors has Cs s a ] T homas L. W renn, motion’’ of Transcontinental Bus System, adopted the following forms for use by Chief Examiner. Inc., to consolidate its complaint in persons other than brokers or dealers [Fk. Doc, 68-1559; Filed, Feb. 7, 1968; Docket 19647 for investigation in the in fulfilling certain requirements of Parts 8:47 a.m.] hearing ordered herein shall be deferred 207 and 221 of Title 12 (Regulations G and U) that will become effective March pending determination of the complaint 11,1968.1 IDocketNo. 18936; Order E-26317] and request for investigation in Docket 19047. a. Registration Statement for Lenders STANDBY YOUTH AND “YOUNG Other Than Commercial Banks and Brokers ADULT” FARES That Extend Credit Secured by Registered 1 The following parties submitted com Equity Securities (Federal Reserve Form Order for Investigation ments: Allegheny, Aloha, American, Bonanza, G -l). b. Deregistration Statement for Lenders Adopted by the Civil Aeronautics Continental, Delta, Eastern, Frontier, Ha waiian, National, North Central, Northeast, Registered Pursuant to Regulation G (Fed Board at its office in Washington, D.C., Ozark, Trans-Texas, Trans World, and West eral Reserve Form G—2). on the 5th day of February 1968. Coast Airlines; American Society of Travel c. Statement of Purpose of the Proceeds By Order E-25581, adopted August 23, Agents (ASTA): National Association of of an Extension of Credit by a' Person Other Motor Bus Operators (NAMBO): and the Than a Bank, Broker, or Dealer Secured by 967, the Board instituted an investiga- Transcontinental Bus System (Transcon Registered Equity Securities (Federal Re ion to determine the lawfulness of the tinental). Hawaiian’s comments were late serve Form G—3). s andby youth and young adult fares filed, and were therefore accompanied by a d. Statement of Purpose of the Proceeds motion for leave to file an unauthorized of a Stock-Secured Extension of Credit by contained in tariffs on file with the document, which we shall grant. a Bank (Federal Reserve. Form U -l). ard. At that time the Board also in- 2 Transcontinental has filed a complaint in Docket 19047 against the family fare tariffs, 2. General notice of proposed rule ^ Various interested parties to making with respect to Parts 207 and 221 niit their views on tfie need for an and a “contingent motion” in both Dockets 19047 and 18936 to consolidate the requested fWdentiary farin g, arguments concem- family fare investigation with the youth and 1A copy of each form is filed as a part £ the justification for the youth fare young adult fares investigation if the latter of the original document. Copies are avail proceeds to hearing. Action on the “contin tin Un^S’ an<* Plans regarding the con- able on request to the Board of Governors gent motion” is deferred until disposition of o f the Federal Reserve System or any Fed aance of the various youth fare tariffs. the complaint in Docket 19047. eral Reserve Bank. FEDERAL REGISTER, VOL. 33, NO. 27— THURSDAY, FEBRUARY 8, 1968 2722 NOTICES Chairman of the President’s Cabinet was published in the F ederal R egister By order of the Board of Governors. of October 26, 1967 (32 F.R. 14853, Textile Advisory Committee to the Com [seal] R obert P. F orrestal, missioner of Customs, directing that as 14857). The adoption of these forms im Assistant Secretary. plements certain requirements of such soon as possible and for the period be [F.R. Doc. 68-1531; Filed, Feb. 7, 1968; ginning March 1, 1967, and extending regulations as adopted by the Board ef 8:45 a.m.] fective March 11,1968. through February 29,1968, entry into the Dated at Washington, D.C., this 1st United States for consumption and with day of February 1968. DELAWARE RIVER BASIN drawal from warehouse for consumption of cotton textile products in Categories By order of the Board of Governors. COMMISSION 42, 43, 60, and 62, produced or manu [ seal] R obert P. Forrestal, factured in Poland and exported to the Assistant Secretary. WATER RESOURCES PROGRAM United States on or after March 1, 1967, [F.R, Doc. 68-1572; Filed, Feb. 7, 1968; Notice of Public Hearing be limited to the designated levels. 8:45 a.m.] Notice is hereby given that the Com S tanley Nehmer, mission will hold a public hearing on the Chairman, Interagency Tex FIRST BANC GROUP OF OHIO, INC. fifth annual Water Resources Program tile Administrative Commit- on Wednesday, February 28, at 2 p.m. tee, and Deputy Assistant Notice of Application for Approval of The hearing will be held in the con Secretary for Resources. Acquisition of Shares of Banks ference room of the Commission offices T he Secretary of Commerce located at 25 Scotch Road in West Notice is hereby given that applica P resident’s Cabinet T extile tion has been made to the Board of Trenton, N.J. Advisory Committee Governors of the Federal Reserve Sys The Water Resources Program reviews water resources needs and projects con W ashington, D.C. 20230 tem pursuant to section 3(a)(1) of the F ebruary 1, 1968. Bank Holding Company Act of 1956 (12 templated for the ensuing 6 years. It is an annual assessment required by § 13.2 Commissioner of Cu stom s, U.S.C. 1842(a) (1) ), by First Banc Group Department of the Treasury, of Ohio, Inc., Columbus, Ohio, for prior of the Delaware River Basin Compact. Copies of the draft Water Resources Washington, D.C. 20226. approval of the Board of action whereby Dear Mr. Commissioner: This directive Applicant would become a bank holding Program will be mailed to interested per amends the directive issued to you on May 12, company through the acquisition of 80 sons upon request or may be examined 1967, by the Chairman, President’s Cabinet percent or more of the voting shares of at the ’Commission offices. Persons wish Textile Advisory Committee, regarding im ing to testify at the public hearing are ports of cotton textiles and cotton textile each of the following banks: The City products or manufactured in Poland, National Bank & Trust Company of requested to register in advance with the Secretary to the Commission. products produced or manufactured in Columbus, Columbus, Ohio, and The Poland Farmers Savings and Trust Company, W. B rinton W hitall, Under the terms of the Long-Term Ar Mansfield, Ohio. Secretary, rangement Regarding International Trade in Section 3(c) of the Act, as amended, (609) 883-9500. Cotton Textiles done at Geneva on February F ebruary 2,1968. 9, 1962, pursuant to the bilateral cotton tex provides that the Board shall not approve tile agreement of March 15, 1967, between (1) any acquisition or merger or consoli [F.R. Doc. 68-1529; Filed, Feb. 7, 1968; the Governments of the United States and dation under this section which would 8:45 a.m.] Poland, and in accordance with Executive result in a monopoly, or which would Order 11052 of September 28, 1962, as be in furtherance of any combination or amended by Executive Order 11214 of April 7, conspiracy to monopolize or to attempt 1965, the levels of restraint provided in the INTERAGENCY TEXTILE directive of May 12, 1967, for cotton textile to monopolize the business of banking products in Categories 42, 43, 60, and 62, in any part of the United States, or (2) ADMINISTRATIVE COMMITTEE produced or manufactured in Poland and any other proposed acquisition or merg exported from Poland to the United States er or consolidation under this section CERTAIN COTTON TEXTILES AND for the period beginning March 1, 1967, and whose effect in any section of the coun COTTON TEXTILE PRODUCTS PRO extending through February 29, 1968, are try may be substantially to lessen com hereby amended as follows, to be effective as DUCED OR MANUFACTURED IN soon as possible: , , petition, or to tend to create a monopoly, Amended or which in any other manner would be POLAND 12-Month in restraint of trade, unless it finds that Entry and Withdrawal From Ware level of the anticompetitive effects of the pro house for Consumption Category restraint1 posed transaction are clearly outweighed 42 _ ___ dozen— 26,250 in the public interest by the probable ef F ebruary 1,1968. 43 "" ____ do.— 47,260 fect of the transaction in meeting the On March 15, 1967, the U.S. Govern 60 _____*<>—- i4-17® convenience and needs of the community ment, in furtherance of the objectives of, 62 ______pounds— 154,350 to be served. and under the terms of, the Long-Term 1 These levels have not been adjusted to Section 3(c) further provides that, Arrangement Regarding International reflect entries made on or after March > in every case, the Board shall tak§ into Trade in Cotton Textiles done at Geneva 1967. consideration the financial and mana on February 9, 1962, concluded a com The actions taken with respect to the gerial resources and future prospects of prehensive bilateral cotton textile agree Government of Poland and with respec the company or companies and the banks ment with the Government of Poland imports of cotton textiles and cotton tex concerning exports of cotton textiles and products from Poland have been deter031 concerned, and the convenience and by the President’s Cabinet Textile Advisory needs of the community to be served. cotton textile products from Poland to the United States over a 3-year period Committee to involve foreign affairs iu Not later than thirty (30) days after tions of the United States. Therefore, the publication of this notice in the beginning March 1,1967. Among the pro directions to the Commissioner of cu > visions of the agreement are those which F ederal R egister, comments and views being necessary to the implemBnta.tion o regarding the proposed acquisition may permit the Government of Poland, within such actions, fall within the foreign _ the aggregate and applicable group limit, exception to the notice provisions of • ■ • be filed with the Board. Communications 553 (Supp. II, 1965-66)-. This letter will should be addressed to the Secretary, to exceed by not more than 5 percent any specific category limit. The Govern published in the F ederal R egister. Board of Governors of the Federal Re Sincerely yours, serve System, Washington, D.C... 20551. ment of Poland has advised the U.S. Government of its desire to exercise this Howard J. Samuels, The application may be inspected at the provision with respect to cotton textile Acting Secretary of l office of the Board of Governors or the Chairman, Presidenfs Cabinet products in Categories 42, 43, 60, and Textile Advisory Committee. Federal Reserve Bank of Cleveland. 62. Dated at Washington, D.C., this 1st Accordingly, there is published below a [F.R. Doc. 68-1532; Filed, Feb. 7, 1968, 8:45 a.m.] day of February 1968. letter of February 1, 1968, from the FEDERAL REGISTER. VOL. 33, NO. 27— THURSDAY, FEBRUARY 8, 1968 FEDERAL COMMUNICATIONS COMMISSION Sched Expected date Location Power watts Antenna ule Class of commencement [Mexican Change List No. 241 ] of operation MEXICAN CHANGE LIST 1090 kilocycles XEHR (PO: 250, Puebla, Pae...... 500D/250N___ . ND 1 u II 12-11-68 (prob List of Changes, Proposed Changes, and Corrections in Assignment ND, U). able). 1190 kilocycles XEUNO (in opera Guadalajara, Jal 500...... ND D II January 10,1968. tion since 11-2-67). 11-9-67; Notifications under the Provisions of Part m , Section 2 of the North American 1H0 kilocycles Regional Broadcasting Agreement. XEXP (correction Romita, Gto__ 5000...... , . ND D II of an omission: 4-99-69. List of changes, proposed changes, and corrections in Assignments of Mexican In operation since Broadcast Stations Modifying the Appendix containing assignments of Mexican 4-29-66). * ®^a^lons (Mimeograph No. 4721-6) attached to the recommendations 1160 kilocycles XEIW (in opera Uruapan, Mich.. 1000...... ND D II oi the North American Regional Broadcasting Agreement Engineering Meeting, tion since 11-10-97; January 30,1941. 11-10-07), 1160 kilocycles XEVW (in opera Acambaro, Gto... 1000...... ND D rt 11-9-97; Sched Expected date tion since 11-2-67). Call letters Location Power watts Antenna ule Class of commencement 1190 kilocycles of operation XESOL (in opera Cd. Hidalgo, Mich. 500...... ND D il 11-8-97. tion since 11-8-67). 1950 kilocycles 610 kilocycles XEMG (POi 500D/ Arriaga, Chis-.—. 1000D/250N__ . ND TJ HID/ 12-11-66 (Prob XEEL (correction Fresnillo, Zac...... 250D/150N__ ND U IV 19-18-60. 250N). IVN able). of an omission: In 1960 kilocycles operation on 610 XEOG (correction Ojijiaga, Chih___ 1000D/100N__ . ND u HID/ 9-30-68. kc/s since 12-18-60. of an omission: IVN 660 kilocycles In operation with XEEL (assignment Fresnillo, Zac...... 250...... ND D II 1000D/100N since deleted). 9-30-63). 680 kilocycles New...... 1S90 kilocycles 250...... ND D II ' 12-11-68 XEMN (new)...... Montemorelos, N. L__ 1000D/100N__ ND U HID/ 11-11-68. IVN (Probable): NOTICES 710 kilocycles 1390 kilocycles XEKU (PO: 250 Acapulco, Grò...... 50O.D/15ON__... ND XERN (assignment D/150 N). Ü II 6-11-68. Montemorelos, N. L___ 1000D/100N—., ND U HID/ deleted—see 950 IVN 860 kilocycles kc/s). XETQ (in operation Orizaba, Ver...... 100,OOOD/50,000 DA-N U I-B 1360 kilocycles temporarily with N. XELS (previously Armeria, Col...... 1000D/100N__ ND U HID/ 12-11-68 (Prob 10,000 W, DA-2, notified at Man IVN able). with the direc zanillo, Colima). tional antenna ISSO kilocycles system previously XEYB (new)...... Cosamaloapan, Ver___ 1000...... DA-N U HI 12-11-68 (Prob notified, since able). 4-30-67). 1430 kilocycles 870 kilocycles XELY (assignment Morelia, Mich. 1000D/100N__ ND U HID/ XELY (in opera Morelia, Mich...... 1000...... ND D II 11-4-67. deleted—see 870 IVN tion on 870 kc/s kc/s). since 11-4-67). I44O kilocycles 870 kilocycles XEV6D (N 25 02 00 Villa Constitución, T. 1000D/150N__ ND U IIID/ 6-11-68 XEMM (assignment Morelia, Mich...... 600...... ND D II W 111 44 00) (new). de B. C. IVN (Probable). deleted—see 960 I44O kilocycles kc/s). ■ New (correction to Parras, Coah...... 5000...... ND D .III 12-11-68 950 kilocycles the class as notified (Probable). XEMAB (new)..__ Cd.'del Carmen, 250...... ND U IV 12-11-68 in List No. 238). Camp. (Probable). I46O kilocycles 960 kilocycles XEIN (new)...... Cintalapa de Figueroa, 1000D/200N-- ND U TV 12-11-68 XERN (in opera Montemorelos, N.L...... 1000...... ' ND D III 7-91-67. Chis. (Probable). tion on 950 kc/s 1480 kilocycles since 7-21-67). XEOU (new) Huajuapan de Leon, 500...... ND D HI 11-11-68 960 kilocylces Oax. (Probable). XEMM (in opera Morelia, Mich...... 500D/200N__ ND U HID/ 11-4-67. 1500 kilocycles tion on 960 kc/s IVN XEEL (new) Guanajuato, Gto...... 250...... ND D II 12-11-68 since 11-4-67). (Probable); 960 kilocycles 1590 kilocycles XEUQ (PN: 5000D/ Zihuatanejo, Gro...... 1000D/250N__ ND U HID] 12-11-68. XEVUC (new) Villa Union, Coah___ 1000._ ..v ...._ ND D II 12-11-68 250N, ND, tJ, IV). IVN (Probable). 970 kilocycles 1540 kilocycles XECJ (correction o f. Apatzingan, Mich...... Í000D/25ON__ ND Ü n tp f 19-3-56. New. San Juan de los Lagos, 1000...... ND D II 12-11-68 an omission: In IVN Jal. (Probable); operation since 1560 kilocycles 12-3-56. Change XEDD (previously Montemorelos, N. L... 500...... ND D H 12-11-68 in class of daytime notified at Mon- (Probable). operation, pre . terrey, N. L.). viously IV.). 2723 FEDERAL REGISTER, VOL. 33, NO. r— THURSDAY, FEBRUARY 8, 1968 2724 2724 Expected date Sched Expected date Sched Antenna ule Class of commencement Location Power watts Anteima ule Class of commencement Call letters Location Power watts Call letters of operation of operation 8X0 kilocycles 1670 kilocycles X-1X-60. 500...... ND D II XEKG (correction Fortin de las Flores, 1000...... ND n XEIK (assignment Ver. deleted). of an omission: In 1670 kilocycles operation at 500...... ND D II Fortin de las XEIM (assignment Flores since deleted). 2-12-60). 940 kilocycles ND 6-X9-54ì FCC Note: Mexican Change List No. 241 has not been received through official channels. XERKS (correction Reynosa, Tams. 200...... of an omission: In F ederal Communications Commission, operation since 6- 20-54). [ seal] B en F. W aple, 970 kilocycles Secretary. XECJ (PO: 1000D/ Apatzingan, Mich. 5000D/250N__ ND HID/ 1-10-69 (Probable); 250N, ND). IVN [F.R. Doc. 68-1468; Filed, Feb. 7, 1968; 8:45 a.m.] 980 kilocycles XEQG (correction Queretaro, Qro. 1000D/150N__ DA-D HID/ 7-X-66; of an omission: IVN [Mexican Change List No. 242] This notifies the basic information. Supplementary MEXICAN CHANGE LIST data was trans mitted to the List of Changes, Proposed Changes, and Corrections in Assignment O.I.R. on 3-26-65. In operation since , January 16,1968. 7- 2-66). 1010 kilocycles Notifications under the provisions of Part in , section 2 of the North American XEFM (correction Veracruz, Ver. 1000D/200N..—. ND II 2-10-68 (Probable); Regional Broadcast Agreement. , , _ , , of omission: In op eration with List of changes, proposed changes, and corrections in Assignments of Mexican 500D/200N, ND, Broadcast Stations Modifying the Appendix containing assignments of Mexican since 5-21-63. Broadcast Stations (Mimeograph No. 4721-6) attached to the recommendations of Change in call NOTICES letters, previously the North American Regional Broadcasting Agreement Engineering Meeting, Jan XEQT. Increase in daytime power). uary 30,1941. lOlfl kilocycles 1-10-69 (Probable); New...... Tala, Jal...... 250...... ND Sched Expected date 1070 kilocycles 4-I6-661 Call letters Location Power watts Antenna ule , Class of commencement XEMI (correction Minatitlan, Ver. 1000D/100N__ ND of operation of an omission: In operation on 1070 kc/s since 4-15-66. 600 kilocycles Correction to XENX (this cancels Mazatlan, Sin.. 1000D/1G0 N— ND TJ niD / class). the notification to IVN 1080 kilocycles change frequency XEMI (assignment Minatitlan, Ver. 500...... ND from 1270 kc/s to deleted—See 600 kc/s included 1070 kc/s). in Change List USO kilocycles 2- 10-69 (Probable); ■ No. 223. See 1270 XEFN (correction Uruapan, Mich. 600...... ND kc/s). of an omission: In 610 kilocycles operation with XEEL (PO: 250D/ Fresnillo, Zac...... 1OO0D/15ON__ ND U HID/ 2-10-68 (Prob 250W, ND, D, 150N, ND, U, IVN able)! since 12-5-53. In crease in power). IV). 1X40 kilocycles 670 kilocycles IV 10-9-67* XEWN (assignment Gomez Palacio, Dgo... 500...... ND U II XEOV (in operation Orizaba, Ver.., 250-...... ND deleted—see 1270 since 10-0-67). kc/s). 1X60 kilocycles 3- 10-68 (Probable); 760 kilocycles XEOG (PO: 1000D/ Ojinaga, Chih. ìmn/isoN... ND HID/ XEZZ (in operation Tonala, Jal— ...... 5000__ ...... ND D II 11-4-67. 100N). IVN with 5000W, ND, 1X70 kilocycles 2-10-68 (Probable); D, since 11-4-67). XEGL (PO: 500W, Navojoa, Son.. ÍO0OD/5OON__ ND in 810 kilocycles ND, U). D II 2-10-68 (Prob 1X70 kilocycles XEHT (PO: 1520 Huamantla, Tlax...... 500...... ND 7-96-67* kc/s). able). XENX (in opera Mazatlan, Sin. 1000D/250N..., ND lUDJ 810 kilocycles tion with 1000D/ IVN XERSV (in operar Cd. Obregon, Son. 5Ò00...... ND D II 4-X6-67. 250N, since 7-26- tion with 5000W, 67. Change in class ND, D, since 4- of daytime opera 25-67. Change in tion). ' call letters, pre viously XEIC). FEDERAL REGISTER, VOL. 33, NO. 27— THURSDAY, FEBRUARY 8, 1968 NOTICES 2725 Sched- Expected date Call letters Location Power watts Antenna ule Class of commencement FEDERAL MARITIME COMMISSION of operation GOLFO Y. CARIBE STEAMSHIP WO kilocycles LINES, S.A. XEWN (correction Gomez Palacio, Dgo.... 500D/150N____ ND U HID/ 6-18-66. of an omission: In IVN operation on 1270 Order of Revocation kc/s since 5-12-65, change in Class oi On November 21, 1967, pursuant to of daytime opera the provisions of section 3, Public Law tion). 89—777 (80 Stat. 1357) and Federal Mari 1X90 kilocycles XETH (in opera Palizada, Camp. 250D/100N____ ND U IV 8-4-67. ' time Commission General Order 20 (46 tion since 8-4-67). CFR Part 540), upon submission of sat 1810 kilocycles XEVI (assignment 1000______ND D III isfactory evidence of financial respon deleted—see 1400 sibility in the form of a combination kc/s). 13X0 kilocycles surety bond and escrow account, the XECY (new)...... Huejutla, Hgo...... 1000D/250N__ ND u HID/ 1-10-69 (Probable). Federal Maritime Commission issued IVN Certificate (Performance) No. P-62 to 18X0 kilocycles XENI (in operation Nueva Italia, Mich. 1000D/250N...... ND u HID/ 8-81-67. Golfo Y. Caribe Steamship Lines, S.A., since 8—21—67. IVN 1404 Americana Building, Houston, Tex. Change in class of daytime opera 77002. tion). lSlfl kilocycles By letter dated January 18, 1968, the XEMA (correction Fresnillo, Zac...__ iOOOJD/250N____ ND u IV 6-10-68 (Probable). Certificant’s escrow agent, Capital Na of an omission : In tional Bank of Houston, Tex., advised operation with 250, ND, U, since the Commission of the termination of 10-10-59. Increase the escrow account to become effective in daytime power). February 18,1968. 1380 kilocycles Whereas, Rule 540.8(a) of General Or XEFAC (new)...... Salvatierra, Gto. 1000...... ND D III 1-10-69 (Probable). der 20 provides in part ** * * * That a llfiO kilocycles Certificate (Performance) shall become XELH (in opera Acaponeta, Nay. 1000D/250N...... ND u IV 7-5-67. tion with 1000D/ null and void upon cancellation or ter 250N, since mination of the surety bond, evidence of 7-5-67). llfiO kilocycles insurance, guaranty, or escrow account’'. XESH (in opera Sabinas Hidalgo, N.L... 250...... ND u IV 11-88-67. It is ordered, That Certificate (Per tion since 11-28- ' 67. Assignment of formance) No. P-62 be and is hereby re call letters). voked effective 12:01 a.m., February 18 llfiO kilocycles 1968. XEVI (in operation San Juan del Rio, Qro.. 500D/200N...... ND u IV 11-16-67. on 1400 kc/s since 11-15-67). It is further ordered, That Certificate llfiO kilocycles (Performance) No. P-62 be returned to XEWU (new)..__ Matehuala, S.L.P...... 250D/200N...... ND u IV 6-10-68 (Probable). the Commission for cancellation. *15X0 kilocycles It is further ordered, That a copy of XEHT (correction Huamantla, Tlax.____ 250...... ND D II 11-15-48. ederal of an omission: in this order be published in the F operation since R egister and served on the certificant. 11-15-48. Change to 810 kc/s). By the Commission. 1680 kilocycles XESD (PO: 1000W, Silao, Gto. 1000D J100N.__ ND U II 3-16-68 (Probable). T homas Lis i, ND, D). Secretary. . 1600 kilocycles XEQT (previously 250...... ND [F.R. Doc. 68-1553; Filed, Feb. 7, 1968; notified as U rv 1-10-69 (Probable). XEFM). 8:46 am.] ECC Note: Mexican Change List No. 242 has not been received through official channels. F ederal Communications Commission, FEDERAL POWER COMMISSION [SEAL] B en F. W aple, [Docket No. G-3913 etc.] Secretary. [F.R. Doc. 68-1469; Filed, Feb. 7, 1968; 8:45 a.m.] ASHLAND OIL & REFINING CO. ET AL. [Docket Nos. 17778,17779; FCC 68M-199] It is ordered, That the dates for Findings and Order GRAYSON TELEVISION CO., INC., AND notification of witnesses and commence J anuary 30,1968. HERCULES BROADCASTING CO. ment of hearing are continued to March Findings and order after statutory 5 and 19, 1968, respectively. hearing issuing certificates of public con Order Continuing Hearing Issued: February 2,1968. venience and necessity, amending cer . *n applications of Grayson Televi- tificates, permitting and approving w Inc > Sacramento, Calif., Docket Released: February 5,1968. abandonment of service, terminating «o. 17778, File No. BPCT-3698; Hercules certificates,- making successors core roadcasting Co., Sacramento, Calif., Federal Communications r ^ e t No. 17779, File No. BPCT-3812; Commission, spondents, redesignating proceedings, s.r construction permit for new televi [ seal] B en F. W aple, accepting agreement and undertaking for sion broadcast station (Channel 15). Secretary. filing, requiring filing of agreements and on w taring conference having been held [F.R. Doc. 68-1563; Filed, Feb. 7, 1968; undertakings, and accepting related rate on February 2, 1968; 8:47 a.m.] schedules and supplements for filing. No 27_____ FEDERAI REGISTER, VOL. 33, NO. 27— THURSDAY, FEBRUARY 8, 1968 2726 NOTICES Each of the Applicants listed herein RI68-48 and RI64-728; the proceedings to perform the services proposed and to has filed an application pursuant to sec will be redesignated accordingly; and conform to the provisions of the Natural tion 7 of the Natural Gas Act for a certif Applicant will be required to file agree Gas Act and the requirements, rules, and icate of public convenience and neces ments and undertakings to assure the re regulations of the Commission there sity authorizing the sale and delivery of fund of any amounts collected by it, to under. natural gas in interstate commerce, for gether with interest at the rate of 7 per (4) The sales of natural gas by the permission and approval to abandon cent per annum, in excess of the amounts respective Applicants, together with the service, or a petition to amend an exist determined to be just and reasonable in construction and operation of any facil ing certificate authorization, all as more Docket No. RI61-48 (16.5-cent sales from ities subject to the jurisdiction of the fully described in the respective applica Nov. 1, 1963, through Oct. 17, 1964) and Commission necessary therefor, are re tions and petitions (and any supplements Docket No. RI64-728 (17.5-cent sales quired by the public convenience and or amendments thereto) which are on from Oct. 18, 1964). On August 30, 1963, necessity and certificates therefore file with the Commission. Cabot filed for an increase in rate from should be issued as hereinafter ordered The Applicants herein have filed re 16.5 cents per Mcf to 17.5 cents per Mcf. and conditioned. lated FPC gas rate schedules and pro The increase was suspended by order (5) It is necessary and appropriate in pose to initiate or abandon, add or delete issued September 27,1963, in Docket No. carrying out the provisions of the Nat natural gas service in interstate com RI64-152 until March 1,1964, as was sub ural Gas Act and the public convenience merce as indicated by the tabulation sequently made effective subject to re and necessity require that the certificate herein. All sales certificated herein are at fund as of the latter date. Therefore, authorizations heretofore issued by the rates either equal to or below the ceiling Applicant will be made co-respondent in Commission in Docket Nos. G-3913, G- prices established by the Commission’s the proceeding pending in Docket No. 13634, G-13768, G-14747, CI63-20, CI63- statement of general policy No. 61-1, as RI64-152; the proceeding will be re 1131, CI63-1174, CI63-1191, CI65-461, amended, or involve sales for which per designated accordingly; and Applicant and CI67-676 should be amended as manent certificates have been previously will be required to file an agreement and hereinafter ordered and conditioned. issued. undertaking to assure the refund of any (6) The sales of natural gas pro amounts collected by it in excess of the posed to be abandoned by the respective Sword Co., Applicant in Docket Nos. Applicants, as hereinbefore described, all CI63-1131 and CI63-1174, proposes to amount determined to be just and reasonable in Docket No. RI64-152 for as more fully described in the respective continue the sales of natural gas hereto applications and in the tabulation here fore authorized in said dockets to be 17.5-cent sales from March 1, 1964. The Commission’s staff has reviewed in, are subject to the requirements of made pursuant to Edmund J. Kahn (Op subsection (b) of section 7 of the Nat erator) et al., FPC Gas Rate Schedule each application and recommends each action ordered as consistent with all sub ural Gas Act, and such abandonments Nos. 2 and 1, respectively. Said rate should be permitted and approved as schedules will be redesignated as those stantive Commission policies and re quired by the public convenience and hereinafter ordered. of Applicant. The presently effective (7) It is necessary and appropriate in rates under said rate schedules are in ef necessity. After due notice, no petitions to inter carrying out the provisions of the Nat fect subject to refund in Docket Nos. ural Gas Act that the certificates of RI64-462 and RI64-525 for sales author vene, notices of intervention, or protests to the granting of any of the respective public convenience and necessity here ized in Docket No. CI63—1174 and in ef tofore issued to the respective Applicants fect subject to refund in Docket No. R I- applications or petitions in this order have been received. relating to the abandonments herein 64-525 for sales authorized in Docket No. after permitted and approved should be CI63-1131. Applicant has submitted an At a hearing held on January 19, 1968, .the Commission on its own motion re terminated. agreement and undertaking to assure the (8) It is necessary and appropriate in refund of any amounts collected by it in ceived and made a part of the record in these proceedings all evidence, includ carrying out the provisions of the Nat excess of the amounts determined to be ural Gas Act that Sword Co. should be just and reasonable in Docket Nos. RI64- ing the applications, amendments, and exhibits thereto, submitted in support of made a co-respondent in the proceed 462 and RI64-525. Therefore, Applicant ings pending in Docket Nos. RI64-462 will be made co-respondent in said pro the repsective authorizations sought herein, and upon consideration of the and RI64-525, that said proceedings ceedings; the proceedings will be redes should be redesignated accordingly, and ignated accordingly; and the agreement record, The Commission finds: . that the agreement and undertaking and undertaking will be accepted for fil submitted by Sword Co. in said proceed ing. (1) Each Applicant herein is a “natural-gas company” within the ings should be accepted for filing. Kingwood Oil Co., Applicant in Docket ■meaning of the Natural Gas Act as here (9) It is necessary and appropriate in No. CI68-586, proposes to continue in tofore found by the Commission or will carrying out the provisions of the Nat part, inter alia, sales of natural gas be engaged in the sale of natural gas in ural Gas Act that Kingwood Oil to. heretofore authorized in Docket Nos. interstate commerce for resale for ulti should be made co-respondent in xut G-13768 and G-14747 to be made pur mate public consumption, subject to the proceedings pending in Docket suant to Big Chief Drilling Co. FPC Gas jurisdiction of the Commission, and will, RI61—48, RI64-152, and RI64-728, that Rate Schedule No. 10 (now Payne, Inc., therefore, be a “natural-gas company” said preceedings should be redesigna FPC Gas Rate Schedule No. 1) and within the meaning of said Act upon the accordingly, and that Kingwood sh Cabot Corp. FPC Gas Rate Schedule No. commencement of the service under the be required to file agreements anfl un 40, respectively. The contracts compris respective authorizations granted here dertakings in said proceedings. . , ing said rate schedules will be redesig (10) It is necessary and appropria nated as those of Applicant. Applicant inafter. (2) The sales of natural gas herein in carrying out the provisions o acquired the subject producing proper Natural Gas Act that the ts ties from Big Chief and Cabot by assign before described, as more fully described in the respective applications, amend related rate schedules and s u p p ¡n ments of November 11, 1964, effective as as designated in the tabulation of November 1, 1963. On April 17, 1964, ments and/or supplements herein, will __u i_— fnr filmar as herein Big Chief filed for an increase in rate be made in interstate commerce, subject to the jurisdiction of the Commission and ter ordered. from 16.5 cents per Mcf at 14.65 p.s.i.a., The Commission orders : then in effect subject to refund in Docket such sales by the respective Applicants, together with the construction and oper (A) Certificates of public No. RI61-48, to 17.5 cents per Mcf. The ce and necessity are issu®d ^ ■ increase was suspended by order issued ation of any facilities subject to the jurisdiction of the Commission necessary rms and conditions of this order, May 7, 1964, in Docket No. RI64-728 orizing the sales by the respect until October 18, 1964, and was subse therefor, are subject to the requirements of subsections (c) and (e) of section 7 of Lcants herein of natural gas witb quently made effective subject to refund ite commerce for resale, toge any as of the latter date. Therefore, Appli the Natural Gas Act. (3) The respective Applicants are able e construction and °Pe.raJ?Xtion of cant will be made co-respondent in the cilities subject to the junsd proceedings pending in Docket Nos. and willing properly to do the acts and FEDERAL REGISTER, VOL. 33, NO. 27— THURSDAY, FEBRUARY 8, 1968 NOTICES 2727 the Commission necessary for such sales, (I) The certificates heretofore issued (O) Within 30 days from the issuance all as hereinbefore described and as more in Docket Nos. CI63-1131, CI63-1174, of this order Kingwood Oil Co. shall fully described in the respective appli and CI63-1191 are amended by changing execute, in the form set out below, and cations, amendments, supplements, and the certificate holders to the respective shall file with the Secretary of the Com exhibits in this proceeding. successors in interest as indicated in the mission acceptable agreements and un (B) The certificates granted in para tabulation herein. dertakings in Docket Nos. RI61-48, RI64- graph (A) above are not transferable (J) Permission for and approval of 152, and RI64-728 to assure the refund and shall be effective only so long as the abandonment of service by the re of any amounts collected by it, together Applicants continue the acts or opera spective Applicants, as hereinbefore de with interest at the rate of 7 percent per tions hereby authorized in accordance scribed, all as more fully described in the annum, in excess of the amounts deter with the provisions of the Natural Gas respective applications and in the tabu mined to be just and reasonable in Act and the applicable rules, regula lation herein are granted. Docket No. RI61-48 (16.5-cent sales from tions, and orders of the Commission. (K) The certificates heretofore issued Nov. 1, 1963, through Oct. 17, 1964), (C) The grant of the certificates is in Docket Nos. G-17549, CI64-1236, CI65- Docket No. RI64-152 (17.5-cent sales sued in paragraph (A) above shall not be 952, and CI67-1261 are terminated. from Mar. 1,1964) and Docket No. RI64- construed as a waiver of the require (L) Sword Co. is made co-respondent 728 (_17.5-cent sales from Oct. 18, 1964). ments of section 4 of the Natural Gas in the proceedings pending in Docket Act or of Part 154 or Part 157 of the Com Nos. RI64—462 and RI64—525, said pro Unless notified to the contrary by the mission’s regulations thereunder, and is ceedings are redesignated accordingly,1 Secretary of the Commission within 30 without prejudice to any findings or or and the agreement and undertaking sub days from the date of submission, such ders which have been or may hereafter be mitted by Sword Co. in said proceedings agreements and undertakings shall be made by the Commission in any proceed is accepted for filing. deemed to have been accepted for filing. ings now pending or hereafter instituted (M) Sword Co. shall comply with the (P) Kingwood Oil Co. shall comply by or against the respective Applicants. refunding and reporting procedure re with the refunding and reporting pro Further, our action in this proceeding quired by the Natural Gas Act and sec shall not foreclose nor prejudice any tion 154.102 of the regulations there cedure required by the Natural Gas Act future proceedings or objections relating under, and the agreement and undertak and § 154.102 of the regulations there to the operation of any price or related ing filed by Sword Co. in Docket Nos. under, and the agreements and under provisions in the gas purchase contracts RI64-462 and RI64-525 shall remain in takings filed by Kingwood in Docket Nos. herein involved. Nor shall the grant of full force and effect until discharged by RI61-48, RI64-152, and RI64-728 shall the certificates aforesaid for service to the Commission. the particular customers involved imply remain in full force and effect until dis (N) Kingwood Oil Co. is made co- charged by the Commission. approval of all of the terms of the respec respondent in the proceedings pending tive contracts particularly as to the ces in Docket Nos. RI61-48, RI64-152, and (Q) The respective related rate sched sation of service upon termination of said RI64-728 and the proceedings are re ules and supplements as indicated in the contracts, as provided by section 7(b) of designated accordingly.2 tabulation herein are accepted for filing; the Natural Gas Act. Nor shall the grant further the rate schedules relating to of the certificates aforesaid be construed 1 Docket No. RI64-462, Southwest Produc to preclude the imposition of any sanc tion Co., Edmund J. Kahn (Operator) et al., the successions herein are accepted and tions pursuant to the provisions of the and Sword Co.; Docket No. RI64r-525, Ed redesignated subject to the applicable Natural Gas Act for the unauthorized mund J. Kahn (Operator) et al., and Sword Commission regulations under the Natu commencement of any sales of natural Co. ral Gas Act to be effective on the dates 2 Docket No. RI61-48, Big Chief Drilling gas subject to said certificates. as indicated by the tabulation herein. (D) The grant of the certificates is Co.» W. Ç. Payne, Post Oak Oil Co., Payne, Inc., and Kingwood Oil Co.; Docket No. RI64- By the Commission. sued herein on all applications filed after 152, Cabot Oorp. (SW), and Kingwood Oil July 1, 1967, is upon the condition that Co.; Docket No. RI64-728, Post Oak Oil Co- [seal] G ordon M. G rant, no increase in rate which would exceed Payne, Inc., and Kingwood Oil Co. Secretary. the ceiling prescribed for the given area by paragraph (d) (3) of the Commission’s statement of general policy No. 61-1, as FPC rate schedule to be accepted Docket No. Purchaser, field, and amended, shall be filed prior to the ap and date filed Applicant location plicable date as indicated by footnote 5 in Description and date No. Supp. the attached tabulation. of document (E) A certificate is issued herein in Docket No. CI67-347 authorizing Ap G-3913______Ashland Oil & Refining Consolidated Gas Supply Amendatory agreement 85 2 D 10-19-67 Co. Cotp., acreage in Boone 7-10-67.* 2 plicant to continue the sale of natural County, W. Va. gas being rendered on June 7, 1954. D 10-25-67...... Old Field, Kanawha Amendatory agreement »82 County, W. Va. 7-10-67.» (P) Certificates are issued herein in D 11-1-67...... Poca District, Kanawha Amendatory agreement 151 Docket Nos. CI67-479, CI67-695, and County, W. Va. 10-27-67.» 2 CI63-20...... Humble Oil & Refining Arkansas Louisiana Gas Assignment 11-22-66 »... 337 46 '■167-696 authorizing the respective Ap D 12-27-66 Co. Co., Arkoma Area, Assignment 11-22-66 »... 337 47 plicants to continue the sales of natural Haskell, Latimer, Le Assignment 11-22-664__ 337 48 Flore and Pittsburg Supplemental agree 337 49 gas which were initiated without prior Counties, Okla. ana ment 12-2-66.2 4 commission authorization. Sebastian County, Ark. CI63-1131...... Sword Co. (successor to El Paso Natural Gas Co., Edmund J. Kahn i« ^ r^ie certificates heretofore issued E 9-26-67 Edmund J. Kahn San Juan Basin Area, (Operator) et al.. 5 m Docket Nos. G-3913, CI63-20, CI65- (Operator) et al.). San Juan County, FPC GRS No. 2. N. Mex. Supplement Nos. 1-2.... 5 1-2 th CI67-676 are amended by adding Notice of succession...... Ha *0 or deleting therefrom authoriza- Assignment 12-31-65__* 5 3 Effective date: 1-1-66__ cha 10 Sel1 ^tural gas to the same pur- CI63-1174...... do...... hv n!rs and in the same areas as covered E 9-26-67 (Operator) et al., t n original authorizations pursuant FPC GRS No. L Supplement Nos. 1-3__ 4 1-3 schedule supplements as in- Notice of succession___ ated in the tabulation herein. Assignment 12-31-65.... 4 4 Effective date: 1-1-66... in .I'*16 certificates heretofore issued Filing code: A—Initial service. o L S S 6* Nos* G~13634> G-13768, and B—Abandonment. f ~ are amended by deleting there- C—Amendment to add acreage. D—Amenment to delete acreage. frnm autfi°rtzation to sell natural gas E—Succession. IW, f^:eage assigned to Applicant in F—Partial succession. Docket No. CI68-586. See footnotes at end of table. FEDERAL REGISTER, VOL. 33, NO. 27— THURSDAY, FEBRUARY 8, 1968 2728 2728 FPC rate schedule to be accepted FPC rate schedule to be accepted Purchaser, field, and Docket No. Purchaser, field, and and date filed Applicant location and date filed Applicant location Description and date No. Supp. Description and date No; Supp. of document of document ' Panhandle Eastern Pipe Contract 10-27-67 «...... 2 .do. Edmund J. Kahn ÒIA-702...... W. G. Rogers et al...... CI63-1191_ .do. (Operator) et al., 6811-27-67 * Line Co., Mooane- E 9-26-67 FPC GES No. 3. Laveme Area, Beaver 1-3 County, Okla. Supplement Nos. 1-3— McCarrick, Gouger & Trunkline Gas Co., Notice of cancellation 7 1 Notice of succession... CI68-706....1- 1H7-67.» »° Assignment 12-31-65.. 6 n (C164-1236) Mitchell (Operator) South Haldeman Field, Effective date: 1-1-66. B 11-17-67 Jim Wells County, Tex. Bright & Schift...------Texas Eastern Transmis Notice of cancellation 8 1 CÏ65-461...... Sinclair Oil & Gas Co., El Paso Natural Gas Co., Supplemental agreement *333" "4 C168-707...... (undated).» »° Basin Dakota Field, 10-25-67.« (CI67-1261) sion Corp., South C 11-24-67« et al. B 11-29-67 Texam Field, Live Oak San Juan Gounty, N. County, Tex. Mes. CI67-347..... Ralph W. Mace et al.... Consolidated Gas Supply Contract 7-14-49...... A 9-21-66 7 Corp., Sherman Dis Letter agreement trict. Calhoun County, 8- 18-52.« a m i U O H U O l ftceo W i«v ------Letter agreement take or market additional gas from the area. W. Va. » Effective date: Date of this order. ^ w v r . 3- 10-53.« »Previously accepted for filing by order issued Nov. 3,1967, in Docket No. EI67-144. Letter agreement « Deletes acreage assigned to J. C. Trahan, prilling Contractor, Inc. .. . 4- 20-53.10 8 Jan 1 1970 moratorium pursuant to the Commission s statement of general policy No. 61-J., as amenaed* James V. Spank ard et ál. Consolidated Gas Supply Contract 6-30-66— .. CI67-479...... Letter agreement «Effective date: Date of initial delivery (Applicant shall advise the Commission as to such date). A 10-11-66 « Corp., Big Bun Field, 7 Sale being rendered on June 7, 1954. ___ Jefferson County, Pa. 1- 6- 66.« » 8 Increases contract rate from 15 cents per Mcf to 16 cents per Mcf. Apache Corp. (Opera Northern Natural Gas Supplemental agreement CI67-676...... 9- 18-67.» »Increases contract rate to 18 cents per Mcf. (CI66-1310) tor) et al. Co., Sharon West w increases contract rate to 20 cents per Mcf. .. C 11-20-67 Field, Woodward County, Okla. 11 Sale being rendered without prior Commission authorization. CI68-558 ..__ Paul F. Starr, agent for Consolidated Gas Supply Notice of cancellation « Adds acreage'to basic contract between Applicant and Northern which Applicant acquired by a^ignment from (CI65-952) William Jennings Nut Corp., Spencer District, 10-16-67.» i* Tidewater OU Co. (Tidewater’s FPC GRS No. 145); acreage previously dedicated to Northern by Tidewater. B 10t17-67 ter Lease. Boane County, W. Va. CI68-585...... Sarkeys, Inc..__ Panhandle Eastern Pipe Contract 9-20-67 «----- » C o n S ^ ^ ^ and Northern Natural Gas Co.; also on file as Sunray DX A 10-25-67 « Line Co., Putnam Area, Dewey County, ° w Contract between°Big2Chief DrilUng Co. and Northern Natural Gas Co.; also on file as Payne, Ino., FPC GBS NOTICES Okla. C168-586___ Kingwood Oil Co, (suc Northern Natural Gas Contract 9-17-57 »— ... N?7 Co^«^lM^^u^abSrCa?bon The proposed changed rates and tions pertaining thereto (18 CFR, Ch. I ) , plements, nor the rate schedules sought charges may be unjust, unreasonable, un and the Commission’s rules of practice to be altered, shall be changed until dis duly discriminatory, or preferential, or and procedure, public hearings shall be position of these proceedings or expira otherwise unlawful. held concerning the lawfulness of the tion of the suspension period. The Commission finds: It is in the proposed changes. (D) Notices of intervention or peti public interest and consistent with the (B) Pending Hearings and decisions tions to intervene may be filed with the Natural Gas Act that the Commission thereon, the rate supplements herein are Federal Power Commission, Washington, enter upon hearings regarding the law suspended and their use deferred until D.C. 20426, in accordance with the rules fulness of the proposed changes, and that date shown in the “Date Suspended Un of practice and procedure (18 CFR 1.8 the supplements herein be suspended and til” column, and thereafter until made and 1.37(f)) on or before March 15, their use be deferred as ordered below. effective as prescribed by the Natural 1968. The Commission orders: Gas Act. By the Commission. (A) Under the Natural Gas Act, par (C) Until otherwise ordered by the [seal] . G ordon M. G rant, ticularly sections 4 and 15, the régula - Commission, neither the suspended sup- Secretary. A ppendix A Effective Date Cents per Mcf Rate in Docket Rate Supple Amount Date date No. Respondent sched sus- ment Purchaser and producing area of annual filing unless pended ule No. No. ject to increase tendered sus until— Rate in Proposed in refund in pended effect creased rate docket Nos. RI68-407-. Atlantic Richfield El Paso Natural Gas Co. (Spray- $5,390 12-29-68 72- 1-68 7- 1-68 «14.50 Co., Post Office berry Trend Field, Midland, « « 18.2430 Box 28X9, Dallas, Glasscock, Upton, and F Tex. 75221, Attn: Counties, Tex.) (RR. E Edward J. Kremer, Nos. 7 and 9-CJ.' Esq. Atlantic Richfield Co_ 8 300 El Paso Natural Gas Co. 5,133 14-29-67 » 2- 1-68 7- 1-68 » 16.02 Waha (Ellenburger) Field, 1_____ «'* » 17.5 County, Tex.) (RR. District No. 8). RI68-408-- Mobil Oil Corp., Post «227 Transwestern Pipeline Co. (I 8, 673 12-28-67 7 2- 1-68 7- 1-68 16.92 Office Box 1774, Field, Winkler County, Tex.) « » 18.50 Houston, Tex. - (RR. District No. 8). 77001, Attn: R. D . Haworth, Esq. ------do...... >«312 El Paso Natural Gas Co. (Rajo 33,346 12-28-67 7 2- 1-68 7- 1-68 16.50 Caballas Field, Pecos County, « >718.50 RI68-110. Tex.) (RR. District No. 8). -do. »398 El Paso Natural Gas Co. (Wilshire 9,040 1- 2-68 7 2- 2-68 7- 2-68 ** 16.97 Field", Upton County, Tex'.) (R R . « « 1» 19.44 District Np. 7-C) (Permian Basin Area). -do. *315 Northern Natural Gas Co. (Baggett 870 1- 2-68 7 2- 2-68 7- 2-68 2* 16.0 6 18 23 Iß. 74 •Field, Crocket County, Tex.) (RR. District No. 7-C) (Permian Basin Area). -do. *«377 2*2 E l Paso Natural Gas Co. (Waha and 353,096 1- 2-68 7 2 - 2-68 7- 2-68 2« 16.5 Coy anosa Fields, Pecos and « 1718.5 Reeves Counties, Tex.) (RR. District No. 8). Mobil Oil Corp; 368 10 El Paso Natural Gas Co. (Pegasus 11,203 12-28-67 (Operator) et ah 71-28-68 6-28-68 »«14.5 « »8 » 16.0 Gasoline Plant, Midland and 7,010 »> 16.5 Upton Counties, Tex.) (RR. » ** »‘ 18.243 District Nos. 8 and 7-C). -do. 260 Transwestern Pipeline Co. (Kermit 3,478 1- 2-68 72- 2-68 7- 2-68 ** 16.92 Field, Winkler County, Tex.) « »» 18.50 (RR. District No. 8) (Permian Basin Area). RI68-410_ The Superior Oil Co. West Texas Gathering Co. (South 523 12-28-67 71-28-68 6-28-68 17.0 909 R.C.A. Bldg., Kermit Field, Winkler County, » « 3418.0 R 164-217. Washington, D .C., Tex.) (RR. District No. 8). 20006, Attn: William T. Kilboume II, Esq. RI68-411_ Texaco Inc., Post *379 El Paso Natural Gas Co. (Gomez 58,035 1- 2-68 7 2- 2-68 7- 2-68 « 15.91 Office Box 3109, Field, Pecos County, Tex.) (RR. « 34 »«17.5 Midland, Tex. District No. 8). 79701, Attn: Mr. J; H. Markley; Texaco Inc______»387 Transwestem Pipeline Co. (West 53,106 1- 2-68 7 2- 2-68 7- 2-68 *« 15.84 Rojo Caballos Field, Pecos and « 1« »716.81 Reeves Counties, Tex.) (RR. District No. 8). Texaco Inc. »391 Northern Natural Gas Co. (Toro 220,000 1- 2-68 72- 2-68 7- 2-68 *«16.5 and Hamon Ellenburger Field, « i* 34 17.5 Reeves County, Tex.) (RR, Dis trict No. 8). RI68-412... Shell Oil Co., 50 West 168 West Texas Gathering Co. (Em 114,975 1- 2-68 M2- 2-68 7- 2-68 17.0 50th St., New York, peror Field, Winkler County, Tex.) « 1« *418.0 RI63-235. N .Y . 10020, Attn: (RR. District No. 8). Mr. F. o . Sweat ----- do______»327 El Paso Natural Gas Co. (West 178,850 1- 2-68 « 2- 2-68 7- 2-68 »i 16.02 Waha Field, Reeves County,Tex.) « *» 17.0 (RR. District No. 8). .do. »334 El Paso Natural Gas Co. (J. M. and 345,838 1- 2-68 “ 2- 2-68 7- 2-68 21 *» 9.55 « *« »» 10.18 Brown Bassett Fields, Crockett 21 «12.55 and Terrell Counties, Tex.) (R R . « 88 40 13.34 District No. 7-C). -do. »343 El Paso Natural Gas Co. (Gomez 38,290 1- 2-68 « 2- 2-68 7- 2-68 « 15.91 Field, Pecos County, Tex.) (RR. «*816.88 District No. 8). .do. »347 El Paso Natural Gas Co. (Hamon 34,963 1- 2-68 ‘ 2- 2-68 7- 2-68 « 13.11 Field, Reeves County,Tex.) (RR. « »814.04 District No. 8). -do_ »351 El Paso Natural Gas Co. (Lock- 288,350 1- 2-68 ‘ 2- 2-68 7- 2-68 «216.4 ridge Field, Wood County, Tex.) «»«17.4 (RR. District No. 8). -do_ »346 El Paso Natural Gas Co. (Toro 75,625 1- 2-68 4 2- 2-68 7- 2-68 « 15.91 Field, Reeves County, Tex.HRR. * »« 16.88 District No. 8). See footnotes on next page. FEDERAL REGISTER, VOL. 33, NO. 27— THURSDAY, FEBRUARY 8, 1968 2730 NOTICES 2 Pertains only to acreage added by Supplement Nos. 31 and 32 certificated after 28 Amended notice of change filed Jan. 17,1968. Aug. 5, 1965, the date of issuance of Opinion No. 468. ■■ •- ^ • 27 “Fractured” rate increase. Respondent contractually due 19 cents per Mcf as of 3 Sale certificated after Aug. 5,1965, the date of issuance of Opinion No. 468. date of initial delivery. 4 Increase from conditioned initial rate to contract rate of 18 cents per Mcf, plus a “ Fractured” rate increase. Respondent contractually due 18 cents per Mcf as of 0.2430-cents per Mcf tax reimbursement. _ Aug. 1, 1966. * Initial rate under conditioned certificate issued Aug. 9, 1967 (Supplement No. » Applicable to residue gas not derived from new gas-well gas. 31) and Aug. 2, 1967 (Supplement No. 32) in Docket No. G-3894. 30 Respondent filing from contractually due rate of 18 cents per Mcf plus 0.243-cent 6 Pressure base is 14.65 p.s.i.a. per Mcf tax reimbursement due as of Aug. 1,1966. ? The stated effective date is the first day after expiration of the statutory notice, 31 Applicable to residue gas derived from new gas-well gas. s Sale certificated after Aug. 5, 1965, the date of issuance of Opinion No. 468. 32 “ Fractured” rate increase. Respondent contractually due 20.5 cents per Mcf 8 Periodic increase of 1-cent per Mcf, plus 0.48-cent per Mcf difference between as of Sept. 1,1965. 16.5 cents initial contract rate and 16.02 cents per Mcf area ceiling rate. 33 Ceiling rate established by quality statement previously accepted by the Com 10 Contractual rate increase due Jan. 1,1968. mission. u Initial rate. • „ , , . , 34 Contractual rate increase due Jan. 1,1968. 12 Pertains only to acreage added by Supplement No. 11 for which permanent 38 Periodic increase of 1-cent per Mcf difference between 16.5 cents initial contract certificate authorization is pending in Docket No. G-18728 (consolidated in show cause rate and 15.91 cents per Mcf area rate ceiling. order), " 38 Initial rate. 13 Sale being made under temporary certificate issued June 16,1961, in Docket No. 37 Contract rate of 17.5 cents per Mcf less 0.59-cent contractual deduction for B.t.u. G-18728. , , £ „ . content less than 1,000 B.t.u.’s and 0.10-cent effective deduction for dehydration and » The stated effective date is the effective date requested by Respondent. treating as per Quality Statement. 18 “ Fractured” rate increase. Respondent contractually due 21.8 cents per Mcf 38 increase from initial rate to contract rate of 17.5 cents per Mcf, less adjustment for from date of initial delivery on July 21, 1961. quality deficiency provided by Opinion Nos. 468 and 468-A. 18 Sale certificated by Commission Opinion No. 484 issued Jan. 6,1966. _ 32 Pertains to gas produced from the Brown-Bassett Field. I? “ Fractured” rate increase. Respondent contractually due 19 cents per Mcf as of 48 Pertains to gas produced from the JM Field. Aug. 1, 1964. 41 Sale has not commenced and Quality Statement (Q.S.) required by temporary 1* Periodic rate increase. . certificate has not been filed. Quality statement filed with rate change, which has not » Base rate of 18 cents per Mcf plus upward B.t.u. adjustment of 1.44 cents for 1,080 been signed by buyer, but which is based on information provided by buyer, shows an B .t.u.’s per cubic foot provided by contract (B .t.u. adjustment above and below 1,000 initial rate of 13.11 cents (base rate of 16.5 cents less 1.15 cents less 1.15 cent for930 B.t.u. B.t.u.’s). ... • — . . gas and 2.24 cents for treating). 28 Sale authorized by temporary certificate issued after issuance of the Permian 42 Sale has not commenced and Quality Statement required by temporary certificate Basin Opinions. , , ...... , • has not been filed. Q.S. filed with rate change, which has not been signed by buyer, 21 Ceiling rate established by Quality Statement previously accepted by the Com but which is based on information provided by buyer, shows an initial rate of 16.4 mission. ' . cents (base rate of 16.5 cents less 0.10-cent for dehydration). 22 Initial rate including 0.47-cent per Mcf upward B .t.u. adjustment. 43 Sale has not commenced and Quality Statement required by temporary certificate 23 Base rate of 17 cents per Mcf less downward B.t.u. adjustment of 0.26-cent for has not been filed. Q.S. filed with rate change, which has not been signed by buyer, 985 B.t.u.’s per cubic foot, provided by contract. .... but which is based on information provided by buyer, shows an ,nitial rate of 15.91 24 Initial rate subject to downward B.t.u. price adjustment provided by contract. cents (base rate of 16.5 cents less 0.49-cent for 970 B.t.u. gas and 0.10-cent for 28 Sale certificated in Opinion No. 484 at initial rate of 16.5 cents per Mcf. (Initial dehydration). contractual rate was 19-cents per Mcf). The rate increases proposed herein are for the liabilities of Hagerstown on the clos- sales of gas in the Permian Basin Area of SECURITIES AND EXCHANGE ing date, including first mortgage notes Texas and exceed the applicable area ceiling of $949,500 and will deliver to Hagers- j rates established by related quality state COMMISSION town (1) 59,329 shares of the common ments accepted pursuant to Opinion No. stock of Columbia in exchange for the 468, as amended. These rate increases were [70-4581] equity of the common stockholders in contractually due on January 1, 1968, or at an earlier date, but several of the increased COLUMBIA GAS OF MARYLAND, INC., the net assets of Hagerstown, and (2) an rates could not have been filed sooner be AND COLUMBIA GAS SYSTEM, INC. additional number of such shares, esti cause the related sales were certificated after mated at 3,237, which at the fair market the issuance of the Permian Basin Opinion Norice of Proposed Acquisition of As value on the closing date shall equal the No. 468 and the certificate authorizations sets and Assumption of Liabilities redemption price ($105 per share) of the contained a January 1, 1968, moratorium of a Nonassociate Public-Utility Hagerstown preferred stock held by on rate increase filings. Supplement No. 21 to persons who elect to exchange their Mobil Oil Corp.’s (Mobil) PPC Gas Rate Company by a Public-Utility Sub preferred shares for Columbia common Schedule No. 227 and the two rate increases sidiary Company of a Holding filed by Atlantic Richfield Co. (Atlantic) stock, plus a maximum of 39 additional were filed prior to January 1, 1968, and are Company and Issuance of Stock by shares for accumulated dividends, thus subject to rejection. However, the Com the Holding Company in Exchange thereon to the date of closing. The closing mission believes that it would be in the for Stock of the S u b sid ia ry price of the Columbia common stock on public interest to accept for filing Mobil and the New York Stock Exchange on Jan Atlantic’s aforementioned rate increases as Company uary 4, 1968, was $27% per share. At F e b r u a r y 2, 1968. being filed'on January 1, 1968, and that such t.hiR price the shares being given in ex‘ rate increases be suspended for 5 months Notice is hereby given that The Colum change for the equity of the common from February 1, 1968.44 bia Gas System, Inc. (“Columbia"), a stockholders in the net assets of Hagers Two of the rate increases set forth in ap registered holding company, and its gas town have an aggregate market price oi pendix A hereof relate to sales of gas certifi utility subsidiary company, Columbia approximately $1,672,000. This amount, cated prior to the issuance of the Permian Gas of Maryland, Inc. (“Maryland"), 120 Basin Opinion No. 468 and the producers in plus $949,500 principal amount of nrsi East 41st Street, New York, N.Y. 10017, mortgage notes to be assumed, an volved could have filed the proposed rate have filed a joint application-declaration increases prior to January 1, 1968, or when $88,200 to redeem the preferred stock, contractually due, because of the stay of the with this Commission, pursuant to the aggregates $2,709,700 and may be con effectiveness of the January 1, 1968, mora Public Utility Holding Company Act of sidered to be the total price to be paw torium provided in Opinion No. 468. Except 1935 (“Act” ), designating sections 6(a), for the properties and net current 3586 for the stay of the moratorium in Opinion 6(b), 7, 9, 9(b) (1), 10, and 12(b) thereof of Hagerstown. A total of 840 shares No. 468, these rate increases (Supplement No. as applicable to the proposed transac preferred stock having an aggregate p 10 to Mobil’s FPC Gas Rate Schedule No. 368 tions. All interested persons are referred value of $84,000, is outstanding, and pre and Supplement No. 5 to Superior’s FPC Gas to the application-declaration, which is Rate Schedule No. 75) would be rejectable ferred stockholders not desiring J® because they are in excess of the applicable summarized below, for a complete state participate in the exchange area ceiling determined in Opinion No. 468. ment of the proposed transactions. have their shares redeemed by Hagen, If the moratorium is ultimately upheld upon Columbia and Maryland have entered town out of cash placed in escJ ° , judicial review, these rate increases will be into a Reorganization Agreement and such purpose. The application-de rejected ab initio. Plan (“Agreement” ), dated as of Sep tion states that the Agreement was ex [F.R. Doc. 68-1519; Filed, Feb. 7, 1968; tember 19, 1967, with Hagerstown Gas cuted after arm’s-length bargaining 8:45 a.m.] Co. (“Hagerstown” ), a nonassociate gas between the parties. utility company, providing for the acqui To enable Maryland to make, the pr- sition by Maryland of all of the assets posed acquisition, Columbia will 44 The same treatment has been accorded and properties of Hagerstown to which the requisite number of shares * Supplement No. 13 to Mobil’s FPC Gas Rate the common stockholders of Hagerstown common stock to Maryland. In ex Schedule No. 312 which is also subject to re present at a meeting held October 19, Maryland will issue its cornmo jection because the filing was made prior to 1967, have given unanimous approval. (par value $25 per share) to Columo the expiration of the moratorium in its in an aggregate par amount equa certificate. Maryland will assume substantially all FEDERAL REGISTER. VOL. 33, NO. 27— THURSDAY, FEBRUARY 8, 1968 NOTICES 2731 book value of the net assets of Hagers Hagerstown receives its entire supply For the Commission (pursuant to dele town to be acquired. Maryland will pay of natural gas from The Manufacturers gated authority). cash to Columbia in lieu of issuing a Light & Heat Co., a subsidiary company fractional share. As of November 30, of Columbia* and distributes such gas at [seal] O rval L. DuBois, 1967, 32,495 shares of Maryland’s com retail to customers in and around the Secretary. mon stock, having an aggregate par value areas of Hagerstown, Funkstown, and [F.R. Doc. 68-1542; Filed, Feb. 7, 1968; of $812,375, plus cash in the amount of Halfway, Md. Its service area lies within 8:46 a.m.] $8 would be required to be delivered to close proximity to the service area of Columbia. Maryland and of Columbia Gas of Penn As of November 30, 1967, gross prop sylvania, Inc., another subsidiary com INGLEWOOD GASOLINE CO. erty, plant, and equipment of Hagers pany of Columbia. Order Suspending Trading town was recorded at original cost in the The application-declaration states that amount of $2,520,126, with a related Hagerstown has experienced favorable February 2, 1968. reserve for depreciation and depletion of growth in recent years which is expected It appearing to the Securities and Ex $730,248. The assets, when acquired, and to continue and to require the expendi change Commission that the summary the liabilities, when assumed, will be suspension of trading in the capital stock, reflected on the books of Maryland at ture of substantial amounts for capital investment and promotional activities. 50 cents par value of Inglewood Gaso their recorded amounts on the books of line Co., Los Angeles, Calif., being traded Hagerstown. Columbia will record its The purchase of Hagerstown by Mary land is stated to be beneficial to Hagers otherwise than on a national securities additional investment in the common exchange is required in the public in stock of Maryland at $812,375, the town’s customers and ¿n the public in terest in that it will make available the terest and for the protection of investors; aggregate par value of the estimated It is ordered, Pursuant to section 15(c) number of shares to be acquired, and will substantial capital resources of Columbia and the skilled personnel of other sub (5) of the Securities Exchange Act of debit cash in the amount of $8 for the 1934, that trading in such securities cash to be received in lieu of a fractional sidiary companies of Columbia. It is stated that authorization has been otherwise than on a national securities share. Columbia will credit its capital exchange be summarily suspended, this stock account with $625,620 the aggre received from the Public Service Com mission of Maryland by Maryland and order to be effective for the period Feb gate par value of the estimated number ruary 5, 1968, through February 14, 1968, of shares to be issued and credit the Hagerstown approving the transfer to, both dates inclusive. excess of the investments and cash re and acquisition by, Maryland of the as ceived over such aggregate par value, to sets of Hagerstown and the issue and By the Commission. sale by Maryland of its common stock to paid-in surplus. , [seal] O rval L. DuBois, Columbia. It is also stated that no other Hagerstown’s operating revenues for Secretary. the 12 months ended November 30, 1967, State commission and no Federal com mission, other than this Commission, has [F.R. Doc. 68-1543; Filed, Feb. 7, 1968; amounted to $1,260,102; income, before 8:46 a.m.] interest on long-term notes, was $135,935 jurisdiction over the proposed trans and net income was $87,640. Preferred actions. The fees and expenses related stock dividends amounted to $4,200. to the proposed transactions are esti NORTH AMERICAN RESEARCH & The Agreement provides that Hagers mated at $9,400 for Maryland including DEVELOPMENT CORP. town will temporarily retain in escrow $4,800 for legal services, and $700 for or place in trust funds (i) such amount Columbia. Order Suspending Trading (not exceeding $11,000) as shall be re Notice is further given that any in F ebruary 2,1968. quired to pay Hagerstown’s reasonable terested person may, not later than Feb expenses (legal fees, trustee’s fees, etc.), ruary 23, 1968, request in writing that It appearing to the Securities and Ex (ii) such amount (not exceeding $1,000) a hearing be held on such matter, stat change Commission that the summary as is deemed necessary to make payments ing the nature of his interest, the reasons suspension of trading in the common in cash to preferred stockholders in lieu for such request, and the issues of fact stock of North American Research & De of issuing fractional shares of Columbia or law raised by the filing which he de velopment Corp., 1935 South Main common stock to which such stockholders sires to controvert, or he may request Street, Salt Lake City, Utah, and all would otherwise be entitled, and (iii) that he be notified if the Commission other securities of North American Re SjJii amount (not exceeding $13,500) as should order a hearing thereon. Any such search & Development Corp. being traded shall be necessary to redeem, at the re request should be àddressed: Secretary, otherwise than on a national securities demption value plus dividends due Securities and Exchange Commission, exchange is required in the public through the redemption date, all pre Washington, D.C. 20549. A copy of such interest and for the protection of in ferred shares, the holders of which have request should be served personally or by vestors; elected not to exchange their preferred mail (airmail if the person being served It is ordered, Pursuant to section sw>ck for Columbia common stock. The is located more than 500 miles from the 15(c) (5) of the Securities Exchange Act aiance of such funds in the event they point of mailing) upon the applicants- of 1934, that trading in such securities ate not required in order to make such declarants at the above-stated address, otherwise than on a national securities payments, are eventually to be delivered and proof of service (by affidavit or, in exchange be summarily suspended, this to Maryland. case of an attorney at law, by certificate) order to be effective for the period Febru pv^?er the receipt by Hagerstown or its should be filed with the request. At any ary 5, 1968, through February 14, 1968, Pni Agent of the common stock of time after said date, the application- both dates inclusive. sald common stock will be declaration, as filed or as it may be By the Commission. W a a ^ d t° the shareholders of amended, may be granted and per gerstown, in exchange for their Shares mitted to become effective as provided [ seal] O rval L. D uB ois, in o a outstanding stock of Hagerstown, in Rule 23 of the general rules and Secretary. mplete liquidation of Hagerstown. regulations promulgated under the Act, [F.R. Doc. 68-1544; Filed, Feb 7, 1968; trool1 eJ^gr^ement 8,180 Provides that be- or the Commission may grant exemption r 8:46 a.m.] dlr!n„ eptember 19> 1967, and the closing from such rules as provided in Rules 20 «¡tnni!- "hferstown will not declare any (a) and 100 thereof or take such other or make any payment or action as it may deem appropriate. Per SANTA FE INTERNATIONAL, INC. sons who request a hearing or advice as than Potion to its shareholders other Order Suspending Trading n o r wriif FpfUlar Quarterly cash dividends to whether a hearing is ordered will re dp*™11 ” issue or sel1» Purchase or re- ceive notice of further developments in F ebruary 2,1968. w i t , sbares of its common stock this matter, including the date of the It appearing to the Securities and Ex fromM ob^a*nb:lg written consent hearing (if ordered) and any postpone change Commission that the summary ments thereof. suspension of trading in the common / FEDERAL REGISTER, VOL. 33, NO. 27— THURSDAY, FEBRUARY 8, 1968 2732 NOTICES stock of Santa Pe International, Inc., file a protest will be construed as a plosives, household goods as defined by Denver, Colo. (Formerly Santa Fe Ura waiver of opposition and participation in the Commision, commodities in bulk and nium arid Oil Co., Inc.), otherwise than the proceeding. A protest under these those requiring special equipment), (l) on a national securities exchange is re rules should comply with § 1.247(d)(3) between Blackshear and Baxley, Ga., quired in the public interest and for the of the rules of practice which requires over Georgia Highways 121 and 15, serv protection of investors; that it set forth specifically the grounds ing all intermediate points, (2) between It is ordered, Pursuant to section upon which it is made, contain a detailed Macon and Eastman, Ga.; from Macon 15(c) (5) of the Securities Exchange Act statement of protestant’s interest in the over Georgia Highway 11 to junction of 1934, that trading in such securities proceeding (including a copy of the Georgia Highway 26, thence over Georgia otherwise than on a national securities specific portions of its authority which Highway 26 to junction Georgia High exchange must be summarily suspended, protestant believes to be in conflict with way 87, thence over Georgia High this order to be effective for the period that sought in the application, and way 87 to Eastman, and -return over the February 4, 1968, through February 13, describing in detail the method— same route, serving all intermediate 1968, both dates inclusive. whether by joinder, interline, or other points including Perry, Clinchfield, means—by which protestant would use Hawkinsville, Corchran, Empire, Dubois, By the Commission. such authority to provide all or part of and Greston, Ga., (3) between Macon [ s e a l ] O rval L . D u B o is , the service proposed), and shall specify and Americus, Ga.; from Macon over Secretary. with particularity the facts, matters, and Georgia Highway 11 to junction Georgia things relied upon, but shall not include Highway 49, thence over Georgia High [F.R. Doc. 68-1545; Filed, Feb. 7, 1968; issues or allegations phrased generally. way 49 to Americus, and return over the 8:46 a.m.] Protests not in reasonable compliance same route, serving all intermediate with the requirements of the rules may points. be rejected. The original and one copy WYOMING NUCLEAR CORP. (4) Between Atlanta and Waycross, of the protest shall be filed with the Ga.; from Atlanta, over Georgia High Order Suspending Trading Commission, and a copy shall be served way 14 to junction Georgia Highway 41 concurrently upon applicant’s repre through Newnan, Ga., thence over Geor F e b r u a r y 2, 1968. sentative, or applicant if no representa gia Highway 41 to junction Georgia It appearing to the Securities and Ex tive is named. If the protest includes a Highway 18, thence over Georgia High change Commission that the summary request for oral hearing, such requests way 18 to junction Georgia High suspension of trading in the common shall meet the requirements of § 1.247 way 1 through Columbus, Ga., thence stock of Wyoming Nuclear Corp., North (d) (4) of the special rule, and shall in over Georgia Highway 1 to junction Hollywood, Calif., being traded otherwise clude the certification required therein. Georgia Highway 55 through Cusseta, than on a national securities exchange is Section 1.247(f) of the Commission’s Ga., thence over Georgia Highway 55 to required in the public interest and for rules of practice further provides that junction Georgia Highway 50 through the protection of investors; each applicant shall, if protests to its Dawson, Ga., thence over Georgia High It is ordered, Pursuant to section 15 application have been filed, and within way 50 to junction Georgia Highway 1, (c) (5) of the Securities Exchange Act of 60 days of the date of this publication, thence over Georgia Highway 1 to junc 1934, that trading in such securities notify the Commission in writing (1) tion Georgia Highway 38 through Bain- otherwise than on a national securities that it is ready to proceed and prosecute bridge, Ga., thence over Georgia High exchange be summarily suspended, this the application, or (2) that it wishes to way 38 to Waycross, and return over the order to be effective for the period Feb withdraw the application, failure in same route, serving no intermediate ruary 3,1968, through February 12, 1968, which the application will be dismissed points between Atlanta and Columbus, both dates inclusive. by the Commission. Ga., otherwise serving all intermediate points including Columbus, Cusseta, By the Commission. Further processing steps (whether modified procedure, oral hearing, or Dawson, Cuthbert, Colquitt, Bainbridge, [ s e a l ] O rval L . D u B o is , other procedures) will be determined Cairo, Thomasville, Quitman, Valdosta, Secretary. generally in accordance with the Com and Homerville, Ga., and with the right [F.R. Doc. 68-1546; Filed, Feb. 7, 1968; mission’s general policy statement con to operate between Valdosta and Moody 8:46 a.m.] cerning motor carrier licensing proce Field, Ga., as an off-route point over dures, published in the F ederal R eg iste r Georgia Highway 125 and unnumbered issue of May 3,1966. This assignment will highways; also with the right to serve be by Commission order which will be Shellman, Ga., as an off-route point INTERSTATE COMMERCE served on each party of record. over Georgia Highway 41, (5) between The publications hereinafter set forth Thomasville and Dawson, Ga.; from COMMISSION reflect the scope of the applications as Thomasville over Georgia Highway ¿o » junction Georgia Highway 33 thmug [Notice 1148] filed by applicants, and may include descriptions, restrictions, or limitations Moultrie, Ga., thence over Georgia H^n- MOTOR CARRIER, BROKER, WATER which are not in a form acceptable to way 33 to junction Georgia Highway CARRIER, AND FREIGHT FOR the Commission. Authority which ulti through Sylvester, Ga., ° v mately may be granted as a result of the Georgia Highway 50 through iUba y. WARDER APPLICATIONS Ga., to Dawson, and return over tn applications here noticed will not neces oATTrinff all intermediate F ebruary 2,1968. sarily reflect the phraseology set forth The following applications are gov in the application as filed, but also will oints. erned by Special Rule 1.2471 of the Com eliminate any restrictions which are not (6) Between Atlanta and Albany, G mission’s general rules of practice (49 acceptable to the Commission. ver Georgia Highway 3, serving CFR, as amended), published in the No. MC 504 (Sub-No. 93) (Clarifica jrmediate points, (7) betw een F ederal R e g iste r issue of April 20, 1966, tion) , filed December 18, 1967, published nd the Army Depot located at or n 'onley, Ga.; from Atlanta over Georgia effective May 20, 1966. These rules F ederal R e g is te r issue of January 18, provide, among other things, that a 1968, clarified January 29, 1968, and re [ighway 42 to junction G e o rg ia Hig protest to the granting of an application published as clarified this issue. Appli 4, thence over Georgia H ighw ay must be filed with the Commission with cant: HARPER MOTOR LINES, INC., ae Army Depot located at o r near in 30 days after date of notice of filing 213 Long Avenue, Elberton, Ga. 30635. jy, Ga., without the p rivilege ling traffic originatmg at Atl ^ of the application is published in the Applicant’s representative: Guy H. F ederal R e g is t e r . Failure seasonably to Postell, 1273 West Peachtree Street NE., hrough interchange or othenv Atlanta, Ga. 30309. Authority sought to estined to the Army Depot car Conley with final desS r ib , 1 Copies of Special Rule 1.247 (as amended) operate as a common carrier, by motor vehicle, over regular routes, transport .tlanta or for interchange at can be obtained by writing to tbe Secretary, 8) between Albany and F°rt . _ ay Interstate Commerce Commission, Washing ing: General commodities (except those ton, D.C. 20423. of unusual value, classes A and B ex Ja.; from Albany over Georgia Hig FEDERAL REGISTER. VOL. 33, NO. 27— THURSDAY, FEBRUARY 8, 1968 NOTICES 2733 91 to junction Georgia Highway 37 Georgia Highway 31, serving all inter Eastman, and return over the same route, through Newton, Ga., thence over mediate points, and the off-route point serving Barnesville and Eastman for pur Georgia Highway 37 to Port Gaines, and of the paper mill located near Valdosta, poses of joinder only, with the right to return over the same route, serving all (20) between Thomasville and Quitman, serve Percale, Ga., between junction intermediate points, (9) between Albany Ga.; (a) from Thomasville over Georgia Georgia Highways 87 and 18 and Per and Thomasville, pa., over Georgia Highway 122 to junction unnumbered cale over Georgia Highway 18, with open Highway 3, serving all intermediate county highway, thence over unnum doors at Percale, (28) between Valdosta, points, GO) between Macon and East bered county highway to Quitman, serv Ga., and junction Georgia Highways 33 man, Ga.; from Macon over Georgia ing all intermediate points, (b) between and 122; from Valdosta over Georgia Highway 19 to junction Georgia High junction Georgia Highway 122 and un Highway 94 to junction Georgia Highway way 87, thence over Georgia Highway numbered highway located east of 76, thence over Georgia Highway 76 to 87 to Eastman, and return over the same Thomasville, Ga., and junction Georgia junction Georgia Highway 122, thence route, serving all intermediate points, Highways 122 and 33, over Georgia High over Georgia 122 to junction Georgia (11) between Harris and Columbus, Ga.; way 122, serving all intermediate points, Highway 33 and return over the same from Harris over Georgia Highway 41 to and (c) between Barwick, Ga., and junc route, serving all intermediate points also junction Georgia Highway 85W thence tion Georgia Highways 133 and 35 located between Marven and junction Georgia over Georgia Highway 85W to junction south of Moultrie, Ga., over Georgia Highways 94 and 33 over extension Geor Georgia Highway 85, thence over Highway 133, serving all intermediate gia Highway 94, and return over the same Georgia Highway 85 to Columbus points, (21) between Waycross, Ga., and route, serving all intermediate points, through Warm Springs and Waverly the Georgia-Florida State line, over (29) between Atlanta and Tucker, Ga., Hall, and return over the same route, Georgia Highway 4 (U.S. Highways 1 and over all available highways serving points serving all intermediate points with 23), serving all intermediate points, (22) within 1 mile thereof as off-route points, closed doors at Harris, Ga., except for between Atlanta, Ga., and junction Geor and without the right to deliver or to points between Harris and Columbus, gia Highways 85 and 85W (Alternate originate or to interchange freight at At and without the right to pick up or de U.S. Highway 27), over Georgia Highway lanta, (30) serving between Atlanta, Ga., liver at Warm Springs, Ga., except for 85, serving no intermediate points, (23) and the Tucker-Stone Mountain District traffic to or from points South of Warm between Newton and Camilla, Ga., over and Stone Mountain Industrial Park, Springs. Georgia Highway 37, serving all inter over all available highways as off-route (12) Between Moultrie, Ga., and the mediate points. points, in connection with applicant’s UH. Government facility known as (24) Between Waycross and Sylvester, presently held authorized regular route Hawthorne Plying School, located near Ga., over Georgia Highway 50 (U.S. authority, without the right to deliver Georgia Highway 33, over all available Highway 82), serving all intermediate or to originate or to interchange freight highways, and return over the same points, except with closed doors at Tif- at Atlanta. route, serving all intermediate points, ton, Ga., for freight moving to, from or (31) Between Atlanta, Ga., and the (13) between Moultrie, Ga., and the U.S. through Valdosta, Macon, or Atlanta, Georgia-South Carolina State line over Government facility known as Sunset and with closed doors at Tifton for Georgia Highway 403 (Interstate High Airport located near Georgia Highway freight to or from Albany, (25) (a) be way 85), serving no intermediate points, 35, over all available highways, and re tween Atlanta and Waycross, Ga.; from as an alternate route for operating con turn over the same route, serving all in. Atlanta over Georgia Highway 42 to venience only, with entrance and exit termediate points, (14) between junction junction Georgia Highway 19, thence to and from Interstate Highway 85, re Georgia Highways 62 and 91 and over Georgia Highway 19 to junction stricted to those entrances and exits Blakely, Ga., over Georgia Highway 62, Georgia Highway 87, thence over Georgia which connect directly with applicant’s serving all intermediate points, and the Highway 87 to junction Georgia Highway other presently held authorized regular off-route point of Edison, Ga., (15) be 27, thence over Georgia Highway 27 to route authority, (32) between Atlanta, tween junction Georgia Highways 62 and junction Georgia Highway 19, thence Ga., and the Georgia-Florida State line, 91 and Colquitt, Ga., over Georgia High over Georgia Highway 19 to junction over Interstate Highway 75, serving no way 91, serving all intermediate points Georgia Highway 4 (U.S. Highway 23), intermediate points, as an alternate route and the off-route point of Damascus, thence over Georgia Highway 4 to Way- for operating convenience only, with en Ga., over Georgia Highway 45 between cross and return over the same route, trance and exit to and from Interstate Arlington and Colquitt, Ga., and over also (b) between Hazlehurst, Ga., and Highway 75 restricted to those entrances Georgia Highway 200 between Newton junction Georgia Highways 19 and 4; and exits which connect directly with and Blakely, Ga., (16) between Macon from Hazlehurst over Georgia Highway applicant’s other presently held author and McRae, Ga.; from Macon over 27 (U.S. Highway 341), to junction ized authority, (33) between Fort Valley Georgia Highway 11 to junction Georgia Georgia Highway 4 (U.S. Highway 1), and Columbus, Ga r from Fort Valley Highway 247, thence over Georgia High thence over Georgia Highway 4 to junc over Georgia Highway 96 to Geneva, Ga., way 247 to junction Georgia Highway 11, tion Georgia Highway 19, and return over thence over Georgia Highway 22 to Co »hence over Georgia Highway 11 to the same route, as an alternate route; lumbus, and return over the same route, m/?11 Gte°rgia Highway 27, thence serving no intermediate points except serving no intermediate points, as an al Georgia Highway 27 to McRae, and Hazlehurst arid except Macon, Ga., for ternate route for operating convenience etum over the same route, serving all traffic from or passing through Atlanta, only, with entrance and exit to and from termediate points, (17) between Quit- and also with the right to service Percale, Georgia Highways 96 and 22, restricted Bainbridge, Ga.; from Quitman Ga., between junction Georgia Highways to those entrances and exits which con ver Georgia Highway 33 to junction 87 and 18 and Percale, over Georgia nect directly with applicant’s other pres orgia Highway 37, thence over Highway 18, serving the intermediate ently held authorized regular route au TTi,?vigla Highway 37 to junction Georgia point of Percale, in (25) (a) and (b) thority, (34) between Macon and Savan wav 9^> thence over Georgia High- above. nah, Ga., over Interstate Highway 16, thl Bainbridge, and return over (26) Between Griffin and Forsyth, Ga.; serving no intermediate points, as an al nmJ?arne r°ute, serving all intermediate from Griffin over Georgia Highway 7 ternate route for operating convenience through Barnesville, Ga., to junction only, with entrance and exit to and from ®Tandi£ltaL0okroUte ^ ^ Georgia Highway 18, thence over Georgia Interstate Highway 16 restricted to those (18) Between Albany and Moultrie, Highway 18 to Forsyth, and return over entrances and exits which connect di all i«76r Georgia Highway 133, serving the same route, serving no intermediate rectly with applicant’s other presently ^intermediate points, including Doe- points for purposes of joinder only, held authorized authority. t*pLGa" with the right to operate be- (27) between Barnesville and Eastman, (35) Between Ellaville, Ga., and junc tf. . Boerun and junction Georgia Ga.; from Barnesville over Georgia High tion Georgia Highways 26 and 1 (U.S. way 7 to junction Georgia Highway 11, war, 2 * 33, over Georgia High- Highways 27 and 280), over Georgia thence over Georgia Highway 11 to junc Highway 26, serving no intermediate thl Q9) ^tweeix Valdosta, Ga., and tion Georgia Highway 27 (U.S. Highway points, as an alternate route for operat eorgia-Piorida State line, over 341), thence over Georgia Highway 27 to ing convenience only, with entrance No. 27___-7 FEDERAL REGISTER, VOL. 33, NO. 27— THURSDAY, FEBRUARY 8, 1968 2734 NOTICES and exit to and from Georgia Highways ers, from Wharton and Millville, N.J., to carrier, by motor vehicle, over regular 26 and 1 (U.S. Highways 27 and 80) re the P. & M. Schaefer Brewing Co., a t Al routes, transporting: General commod stricted to those entrances and exits bany and Brooklyn, N.Y. N o t e : If a ities (except those of unusual value, which connect directly with applicant’s hearing is deemed necessary, applicant classes A and B explosives, household other presently held authorized author requests it be held at New York, N.Y., or goods, as defined by the Commission, ity, (36) between Macon and Thomaston, Washington, D.C. commodities in bulk, and those requiring Ga., over Georgia Highway 74, serving no No. MC 5470 (Sub-No. 36), filed Jan special equipment), serving Sykesville, intermediate points, as an alternate uary 23, 1968. Applicant; TAJON, INC., Md., and the plantsite of Westinghouse route for operating convenience only, Rural Delivery No. 5, Mercer, Pa. 16137. Electric Corp. as an off-route point in with entrance and exit to and from Applicant’s representative: Theodore connection with applicant’s regular- Georgia Highway 74 restricted to those Polydoroff, 917 Munsey Building, Wash route operations to and from Baltimore, * entrances and exits which connect di ington, D.C. 20004. Authority, sought to Md. No t e : If a hearing is deemed neces rectly with applicant’s other presently operate as a common carrier, by motor sary, applicant requests it be held at held authorized regular route authority, vehicle, over irregular routes, transport Baltimore, Md. (37) between Americus and Rochelle, ing; Metals and metal alloys, scrap met No. MC 13123 (Sub-No. 48), filed Jan Ga.; from Americus over Georgia High als, sand, ores, and limestone, in dump uary 29, 1968. Applicant: WILSON way 27 to junction Georgia High vehicles, from points in Connecticut, FREIGHT COMPANY, a corporation, way 30 (U.S. Highway 28), thence over Delaware, Illinois, Indiana, Kentucky, 3636 Follett Avenue, Cincinnati, Ohio Georgia Highway 30 to Rochelle, and re Maryland, Massachusetts, Michigan, 45223. Applicant’s representative: Milton turn over the same route, serving no in New Hampshire, New Jersey, New York, H. Bortz (same address as applicant). termediate points, as an alternate route Ohio, Pennsylvania, Virginia, Vermont, Authority sought to operate as a com for operating convenience only, with en and West Virginia to Graham, W. Va., mon carrier, by motor vehicle, over reg trance and exit to and from Georgia and Vancoram, Ohio. N o te : If a hearing ular routes, transporting: General com Highways 27 and 30 restricted to those is deemed necessary, applicant requests modities (except those of unusual value, entrances and exits which connect di it be held at Washington, D.C., or New classes A and B explosives, household rectly with applicant’s other presently York, N.Y. goods as defined by the Commission, held authorized regular route authority, No. MC 8989 (Sub-No. 211) (Amend commodities in bulk, and those requiring (38) between Rhine and. Vidalia, Ga., ment) , filed December 1, 1967, published special equipment), serving Danville, over Georgia Highway 30, serving no in in F ederal R e g iste r issue December 21, Ky., and Camp Nelson, Ky., as off-route termediate points, as an alternate route 1967, amended January 23, 1968, and re ¡points in connection with applicant’s for operating convenience only, with en published as amended this issue. Appli regular-route operations to and from trance and exit to and from Georgia cant; HOWARD SOBER, INC., 2400 Lexington, Ky. N o t e : If a hearing is Highway 30 restricted to those entrances West Saint Joseph Street, Lansing, deemed necessary, applicant requests it and exits which connect directly with Mich. 48904. Applicant’s representa be held at Lexington, Ky., or Cincinnati, applicant’s other presently held author tive; Albert F. Beasley, 1019 Investment Ohio. ized regular route authority. Building, 511 K Street NW, Washington, No. MC 18117 (Sub-No. 5), filed Jan (39) Between Lyons and Savannah,D.C. 20005. Authority sought to operate uary 26, 1968. Applicant: W. B. HOGG, Ga.; from Lyons over Georgia Highway as a common' carrier, by motor vehicle, 40 North Church Street, Quarryville, Pa. 292, to Bellville, Ga., thence"over Georgia over irregular routes, transporting: (1) 17566. Applicant’s representative: Ber Highway 30 to junction Georgia High Tow tractors, in truckaway service, from nard N. Gingerich, 110 West State Street, way 26 thence over Georgia High De Kalb, 111., to points in the United Quarryville, Pa. 17566. Authority sought way 26 to Savannah, and return over the States, including Alaska, but excluding to operate as a common carrier, by motor same route, serving no intermediate Hawaii, and (2) damaged or rejected vehicle, over irregular routes, transport points, as an alternate route for operat shipments, from points in the United ing: Carpet, carpeting, rugs, mats, mat ting, and materials and supplies used in ing convenience only; with entrance and States to De Kalb, 111. N o t e : The purpose exit to and from Georgia Highways 292, of this republication is to delete the the installation thereof, from Marietta, 26, and 30 restricted to those entrances words “in initial movements” from the Pa., to Charleston, S.C., Atlanta, Ga., and and exits which connect directly with authority sought, as previously pub Jacksonville, Miami, Orlando, and applicant’s other presently held author lished. If a hearing is deemed necessary, Tampa, Fla., and damaged and defective ized regular route authority, and (40) applicant requests it be held at Wash shipments, on return. N o t e : If a hear between Tifton and Moultrie, Ga., over ington, D.C. ing is deemed necessary, applicant re Georgia Highway 35, serving no inter No. MC 11207 (Sub-No. 269), filed Jan quests it be held at Washington, D.C., or mediate points, as an alternate route for uary 24, 1968. Applicant: DEATON, INC., Philadelphia, Pa. operating convenience only; with en 317 Avenue W, Post Office Box 1271, No. MC 18202 (Sub-No. ID, filedJTp' trance and exit to and from Georgia Birmingham, Ala. 35201. Applicant’s rep uary 23, 1968. Applicant: R. C. BAK- Highway 35 restricted to those entrances resentative: A. Alvis Layne, Pennsyl STOW TRUCKING CO., INC., 102 Mid and exits which connect directly with ap vania Building, Washington, D.C. 20004. dle Street, Hadley, Mass. Applicant’s re:p- plicant's other presently held authorized Authority sought to operate as a com resentative: James E. Wilson, 1735 regular route authority. N o t e :. The pur mon carrier, by motor vehicle, over ir Street NW., Washington, D.C. 20ouo. pose of this republication is to broaden regular routes, transporting: (1) Rub Authority‘sought to operate as a com the intermediate points to be served in ber, from Vicksburg, Miss., to points in carrier, by motor vehicle, over irre^7. lieu of certain specific intermediate Alabama, Arkansas, Georgia, Kentucky, routes, transporting: Fertilizer, points as previously published. If a hear Louisiana, North Carolina, South Caro materials, insecticides, and pesti > ing is deemed necessary, applicant re lina, Tennessee, and Virginia, and (2) from Hazardville, Conn., and Avon, ra., quests it be held at Atlanta, Ga. equipment, material and supplies used to points in Massachusetts, Connecticu , or useful in the processing of rubber, Rhode Island, and points in Cheshir , No. MC 1756 (Sub-No. 11), filed Jan Hillsboro, Merrimack, Rockingham, a uary 8, 1968. Applicant: PEOPLES EX from the above-described destination Sullivan Counties, N.H. N o t e : If a hear PRESS CO. a corporation, 497 Raymond States to Vicksburg, Miss. N o t e : If a Boulevard, Newark, N.J. 07105. Appli hearing is deemed necessary, applicant ing is deemed necessary, applicant re cant’s representative: Bert Collins, 140 requests it be held at Jackson, Miss., or quests it be held at Hartford, Conn. Cedar Street, New York, N.Y. 10006. Au Atlanta, Ga. No. MC 21060 (Sub-No. 9) , filed Ja ' thority sought to operate as a common No. MC 13123 (Sub-No. 47), filed Jan uary 19,1968. Applicant: IOWA PARCEL carrier, by motor vehicle, over irregular uary 22, 1968. Applicant: WILSON SERVICE, INC., 214 15th Street, Des routes, transporting: (1) Empty con FREIGHT COMPANY, a corporation, Moines, Iowa 50309. Applicant s rep^ tainers, not to exceed 1 gallon in capac 3636 Follett Avenue, Cincinnati, Ohio resentative: Homer E. B ra d sh a > ity, on automated trailers, between Pat 45223. Applicant’s representative: Milton Floor Des Moines B u ild in g , Des M Iowa 50309. Authority sought to opera^ erson, N.Y., and South Norwalk, Conn., H. Bortz (same address as applicant). as a common carrier, by motor v and (2) glass bottles, on automated trail Authority sought to operate as a common FEDERAL REGISTER, VOL. 33, NO. 27— THURSDAY, FEBRUARY 8, 1968 NOTICES 2735 over irregular routes, transporting: (1) per; wicking, cotton, from Rochester, TION, INC., Calvary Street, Waltham, General commodities, (except dangerous N.Y., to Aurora, HI. N o t e : If a hearing is Mass. 02154. Applicant’s representative: explosives, household goods, as defined deemed necessary, applicant requests it Harry C. Ames, Jr., 529 Transportation by the Commission, commodities in bulk, be held at Rochester, N.Y., or Washing Building, Washington, D.C. Authority and those requiring special equipment), ton, D.C. sought to operate as a common carrier, between points in Iowa on the one hand, No. MC 31364 (Sub-No. 2), filed Jan by motor vehicle, over irregular routes, and, on the other, points in Harrison, uary 29, 1968. Applicant: MARY TTTT.T., transporting: Dry chemicals, in bulk, , Worth, and Mercer Counties, Mo., re doing business as, HILL FURNITURE in tank or hopper-type vehicles, from stricted so that no service shall be ren CARRIERS, 8745 Cottage Street, Phila New York, N.Y., to points in Connec dered in the transportation of any parcel, delphia, Pa. 19136. Applicant’s represent ticut, Delaware, Maine, Maryland, Mas packages, or articles weighing in the ag ative: Alan Kahn, 1920 Two Penn Center sachusetts, New Hampshire, New Jer gregate more than 100 pounds, from one Plaza, Philadelphia, Pa. 19102. Authority sey, New York, Ohio, Pennsylvania, consignor at any one location to one sought to operate as a common carrier, Rhode Island, Vermont, Virginia, West consignee at any one location on any by motor vehicle, over irregular routes, Virginia, and the District of Columbia. 1 day, and (2) motion -picture films, film transporting: New furniture and furni accessories, advertising material used in N o t e : If a hearing is deemed neces ture frames, uncrated and in cardboard sary, applicant requests it be held at connection with exhibition of such films cartons and wrappings, but not in wood Washington, D.C. and magazines and periodical publica en crates, and such materials as are tions, between points in Iowa on the one No. MC 36556 (Sub-13) (Amend used in the manufacture of new furni ment) , filed November 1, 1967, published hand, and, on the other, points in Har ture, between points in upper Merion F ederal R e g is t e r , issue of November 23, rison and Mercer Counties, Mo. N o t e : Township, Montgomery County, Pa., on Applicant states that physical operations 1967, tinder MC 52403, Sub 7, and repub the one hand, and, on the other, points in lished as amended this issue. Applicant: involving No. (2) above would connect at Connecticut, Delaware, Maryland, New Omaha, Nebr., Pulton, Moline, East Mo HOWARD E. BLACKMON, doing busi Jersey, New York, Virginia, West Vir ness as HOWARD BLACKMON TRUCK line and Rock Island, HI., and the com ginia, and the District of Columbia. mercial zones of said points. Applicant SERVICE, Post Office Box 186, Somers, N o t e : If a hearing is deemed necessary, Wis. 53171. Applicant’s representative: proposes to interline with motor com applicant requests it be held at Phila mon carriers and to originate the type of Earle Munger, 520 58th Street, Kenosha, delphia, Pa., or Washington, D.C. Wis. 53140. Authority sought to opera'te traffic involved in the State of Iowa for No. MC 31600 (Sub-No. 626), filed delivery by other motor common carriers as a common carrier, by motor vehicle, January 22, 1968. Applicant: P. B. over irregular routes, transporting: Fer to points in Missouri and Kansas that MUTRIE MOTOR TRANSPORTA applicant is not authorized to serve, and tilizer, from Streator, 111., to points in TION, INC., Calvary Street, Waltham, that part of Wisconsin south and west of to deliver to all points in Iowa, the type Mass. 02154. Applicant’s representa of traffic involved which interlined with a line beginning at Beloit, Wis., and ex tive: Harry C. Ames, Jr., 529 Transpor tending northward along Wisconsin applicant by motor common carriers tation Building, Washington, D.C. serving Missouri and Kansas. If a hear State Highway 13 to junction with U.S. 20006. Authority sought to operate as a Highway 16 near Wisconsin Dells, Wis., ing is deemed necessary, applicant re common carrier, by motor vehicle, over quests it be held at Des Moines, Iowa, or thence along U.S. Highway 16 to the Wis- Kansas City, Mo. irregular routes, transporting: Carbon consin-Minnesota State line. N o t e ; The black, in bulk, in tank or hopper-type No. MC 29392 (Sub-No. 10), filed Jan purpose of this republication is to show uary 22, 1968. Applicant: LES JOHN vehicles, from Belpre, Ohio, to points that the application has been amended in Indiana, Kentucky, Maryland, Mas to seek common carrier authority in lieu SON CARTAGE, Post Office Box 305, sachusetts, Michigan, New York, Ohio, Denmark, Wis. 54208. Applicant’s rep of that as a contract carrier. If a hearing resentative: Nancy J. Johnson, 111 South Pennsylvania, and Virginia. N o t e : Ap is deemed necessary, applicant requests Fairchild Street, Madison, Wis. 53703. plicant states that physically the op it be held at Chicago, HL Authority sought to operate as a common eration sought could be tacked to some No. MC 41116 (Sub-No. 33), filed wrner, by motor vehicle, over irregular of the authority held but applicant January 22, 1968. Applicant: FOGLE- does not intend to do so. If a hearing MAN TRUCK LINES, INC., Post Office uU^s’ transl>orting: Cement, from is deemed necessary, applicant requests Madison, Wis., to points in Illinois. N o t e : Drawer 1504, Crowley, La. 70526. Appli n a hearing is deemed necessary, appli it be held at Washington, D.C. cant’s representative: Austin L. Hatchell, cant does not specify a location. No. MC 31600 (Sub-No. 627), filed 1102 Perry Brooks Building, Austin, Tex. No. MC 30844 (Sub-No. 247), filed Jan January 22, 1968. Applicant: P. B. 78701. Authority sought to operate as a uary 4, 1968. Applicant: KROBLIN RE MUTRIE MOTOR TRANSPORTA contract carrier, by motor vehicle, over FRIGERATED XPRESS, INC., 2125 TION, INC., Calvary Street, Waltham, irregular routes, transporting: Canned commercial, Waterloo, Iowa 50704. Ap- Mass. 02154. Applicant’s representative: or bottled foodstuffs, and dried fruits and Phcant’s representative: Truman A. Harry C. Ames, Jr., 529 Transportation nuts, in packages or containers (not wockton, Jr., The 1650 Grant Street Building, Washington, D.C. 20006. Au frozen or requiring movement in vehicles Denver, Colo. 80202. Authority thority sought to operate as a common equipped with mechanical refrigeration), fought to operate as a common carrier, carrier, by motor vehicle, over irregu from New Orleans, La.; Blytheville and y motor vehicle, over irregular routes, lar routes, transporting: Chemicals, in Siloam Springs, Ark.; Uniontown and 'Oansporting: Cleaning, scouring and bulk, from Adams, Mass., to points in Cullman, Ala.; San Jose and Stockton, os/img compounds; deodorants and Connecticut, Maine, Massachusetts, Calif.; Lewiston, Idaho; Forest Grove, mfectants other than medicinal; floor New Hampshire, New York (except Oreg.; Memphis, Tenn.;. Tyler and Don crinnan^ ^°°r waxes‘> soap powder and Bronx, Columbia, Delaware, Dutchess, na, Tex.; and Gulfport, Miss., to points °a9s, paper; belts, and belting; Greene, Kings, Nassau, New York, in Alabama, Arkansas, Louisiana, Ten *>°xes> corrugated, knocked Orange, Putnam, Queens, Richmond, nessee, Texas, Mississippi, Georgia, rintu an^ foiled fiat; brushes; Rockland, Suffolk, Sullivan, Ulster, and Florida, South Carolina, Kentucky, and Jwi» toiping; drums, fiberboard, other Westchester Counties), Rhode Island, Missouri, under a continuing contract “ an tapersided, nested; drums, fiber- and Vermont. N o t e : Applicant states with Fraering Brokerage Co., Inc., of nnt« tapersided, nested; drums, steel that physically the operation sought New Orleans, La. N o t e : Applicant has fixtures, bathroom and lava- could be tacked to some of the au common carrier authority in MC 123993 diiinig * sware; holders, deodorant and thority held but applicant does not in and subs thereunder, therefore dual op Bp»/«« anf’ insecticides; machines, erations may be involved. If a hearing is tend to do so. If a hearing is deemed deemed necessary, applicant requests it °?in °Peratcd; mops and mop necessary, applicant requests it be held au’. m FEDERAL REGISTER, VOL. 33, NO. 27— THURSDAY, FEBRUARY 8, 1968 2736 NOTICES doing business as BRIDGE BROTHERS, No. MC 60186 (Sub-No. 32), filed Jan Jersey Secondary Highway 537; (15) be Bridge & Anderson Streets, Post Office uary 25, 1968. Applicant: NELSON tween Camden, N.J., and junction New Box 929, Lamar, Colo. 81052. Applicant’s FREIGHTWAYS, INC., 47 East Street, Jersey Highway 70 and U.S. Highway 9, representative: C. Zimmerman, 503 Rockville, Conn. 06066. Applicant’s rep from Camden over U.S. Highway 30 to Schweiter Building, Wichita, Kans. resentative: Vernon V. Baker, 1411 K junction New Jersey Highway 38, thence 67202. Authority sought to operate as a Street NW., Washington, D.C. 20005. Au over New Jersey Highway 38 to junction common carrier, by motor vehicle, over thority sought to operate as a common New Jersey Highway 70, and thence over irregular routes, transporting: Fertilizer carrier, by motor vehicle, transporting: New Jersey Highway 70 to junction U.S. and fertilizer materials in bulk and in Over regular routes: (I) Canned goods Highway 9, and return over the same bags, from that part of Nebraska and commodities used in canning and route. bounded by U.S. Highway 6 on the north, processing food, (1) between New York, (16) Between Camden, and Millville, by Nebraska Highway 14, on the east, N.Y., and Philadelphia, Pa., over U.S. N.J., from Camden over New Jersey Nebraska Highway 74, on the south and Highway 1; (2) between junction U.S. Highway 168 to Runnemede, N.J., thence U.S. Highway 281, on the west, to points Highways 1 and 13 and Philadelphia, Pa., over New Jersey Highway 41 to Fairview, in Colorado, Wyoming, South Dakota, over U.S. Highway 13; (3) between junc N.J., thence over New Jersey Highway 47 North Dakota, Minnesota, Iowa, Mis tion U.S. Highways 1 and 130 and Cam to Millville, and return over the same souri, and Kansas. Note: Common con den, N.J., over U.S. Highway 130; (4) route; (17) between Millville, and Cam trol may be involved. If a hearing is between Newark, N.J., and junction U.S. den, N.J., from Millville over New Jersey deemed necessary,' applicant requests it Highway 1 and Interstate Highway 287, Highway 49 to Salem, N.J., thence over be held at Omaha, Nebr. from Newark over U.S. Highway 22 to New Jersey Highway 45 to Brooklawn, No. MC 52709 (Sub-No. 279), filed junction Interstate Highway 287, and N.J., and thence over New Jersey Second January 25, 1968. Applicant: RINGSBY thence over Interstate Highway 287 to ary Highway 551 to Camden, and return TRUCK LINES, INC., 3201 Ringsby junction U.S. Highway 1, and return over the same route; (18) between Cam Court, Denver, Colo. 80216. Applicant’s over the same route; (5) between junc den, N.J., and Philadephia, Pa.: (a) representative: Eugene Hamilton (same tion U.S. Highway 22 and Interstate Over U.S. Highway 30, (b) from Camden address as applicant). Authority sought Highway 287 and Phillipsburg, N.J., over over New Jersey Secondary Highway 543 to operate as a common carrier, by motor U.S. Highway 22; (6) between junction to Palmyra, N.J., thence over New Jersey vehicle, over irregular routes transport U.S. Highways 1 and 46 and Newark, Highway 73 and the Tacony-Palmyra ing: Meats, meat products and meat by N.J., from junction U.S. Highways 1 and Bridge to Philadelphia, and return over products, dairy products, and articles 46 over U.S. Highway 46 to junction New the same route, and (c) from Camden distributed by meat packinghouses, as Jersey Highway 17, thence over New over U.S. Highway 130 to Bridgeport, described in sections A, B, and C of Ap Jersey Highway 17 to junction U.S. N.J., thence over the Chester-Bridgeport pendix I to the report in Descriptions in Highway 202, thence over U.S. Highway Ferry to Chester, Pa., and thence over Motor Carrier Certificates, 61 M.C.C. 209 202 to junction New Jersey Highway 23, Pennsylvania Highway 291 to Philadel and 766, from Sioux Falls and Madison, thence over New Jersey Highway 23 to phia, and return over the same route; S. Dak., to points in Connecticut, Dela junction New Jersey Secondary Highway (19) between Philadelphia and Concord- ware, Maine, Maryland, Massachusetts, 506, thence over New Jersey Secondary ville, Pa., (a) over U.S. Highway 1, and Michigan, New Hampshire, New Jersey, Highway 506 to junction New Jersey (b) from Philadelphia over U.S. High New York, Ohio, Pennsylvania, Rhode Secondary Highway 506-Spur, and way 13 to Chester, Pa., and thence over Island, Vermont, Virginia, West Virginia, thence over New Jersey Secondary High U.S. Highway 322 to Concordville, and and the District of Columbia. Note: way 506-Spur to Newark, and return over return over the same route; (20) be Common control may be involved. If a the same route; (7) between Jersey City, tween Philadelphia and Bucktown, Pa., hearing is deemed necessary, applicant N.J., and New York, N.Y., over New (a) over Pennsylvania Highway 23, and requests it be held at Sioux Falls, S. Dak. Jersey Highway 440 and the Bayonne (b) from Philadelphia over U.S. High No. MC 55811 (Sub-No. 93), filed Bridge. way 422 to Pottstown, Pa., and thence January 24, 1968. Applicant: CRAIG (8) Between Newark, N.J., and Newover Pennsylvania Highway 100 to Buck- TRUCKING, INC., Route 67, Albany, York; N.Y., fronj Newark over New Jer town, and return over the same route. Ind. 47320. Applicant’s representative: sey Highway 27 to junction New Jersey (21) Between Philadelphia and Mont- Earl N. Merwin, 85 East Gay Street, Highway 35, thence over New Jersey gomeryville, Pa., (a) over U.S. Highway Columbus, Ohio 43215. Authority sought Highway 35 to junctidn New Jersey 309, and (b) from Philadelphia over U.S. to operate as a common carrier, by motor Highway 440, and thence over New Jer Highway 611 to Doylestown, Pa., and vehicle, over irregular routes, transport sey Highway 440 and Outerbridge Cross thence over U.S. Highway 202 to Mont- ing: Plastic bottles, from Columbus and ing to New York, and return over the gomeryville, and return over the same Worthington, Ohio, to Fort Wayne and same route; (9) between Atlantic City, route, serving all points in New Jersey Indianapolis, Ind., and Detroit, Mich. and Camden, N.J.: (a) Over U.S. High and those points in Pennsylvania within Note: If a hearing is deemed necessary, way 30, (b) from Atlantic City over U.S. 25 miles of Philadelphia, Pa., as inter applicant requests it be held at Colum Highway 322 to junction New Jersey mediate or off-route points in connection bus, Ohio. Highway 42, thence over New Jersey with the operations authorized in the No. MC 59367 (Sub-No. 56) (Amend Highway 42 to Camden, and return over above described routes (1 through 21b), ment) , filed January 10, 1968, published the same route; (10) between junction (22) between Bridgeport, N.J., and in the F ederal R egister issue of January U.S. Highway 46 and New Jersey High Washington, D.C., from Bridgeport over 25, 1968, amended and republished as way 17, and North Bergen, N.J., from U.S. Highway 130 to junction U.S. High amended this issue. Applicant: DECKER junction U.S. Highway 46 and New Jer way 40, thence over U.S. Highway 41) TRUCK LINE, INC., Post Office Box 915, sey Highway 17 over U.S. Highway 46 to Baltimore, Md., and thence over u.&. Fort Dodge, Iowa 50501. Applicant’s rep to junction New Jersey Highway 3, and Highway 1 to Washington, and retu* resentative : Donald L. Stern, 630 City thence over New Jersey Highway 3 to over the same route; (23) betwe^ National Bank Building, Omaha, Nebr. North Bergen, and return over the same Chester, Pa., and Washington, D.C., from 68102. Authority sought to operate as a route; (11) between Newark, and Mor Chester over U.S. Highway 13 to Odess , common carrier, by motor vehicle, over ristown, N.J., over New Jersey Highway Del., thence over U.S. Highway 301 to irregular routes, transporting: Canned 24; (12) between Morristown, and New junction U.S. Highway 50, and thenc goods, and vegetables, and fruit drinks ark, N.J., from Morristown over U.S. over U.S. Highway 50 to Washmgton, in tin cans, jars, and bottles, from Cly- Highway 202 to Littleton, N.J., and D.C., and return over the same rouw, man and Watertown, Wis., to points in thence over New Jersey Highway 10 to serving all points in that part of u Iowa and Nebraska. Note: The purpose Newark, and return over the same route; ware north of U.S. Highway 40, points u of this republication is to add Iowa as a (13) between junction U.S. Highways 1 Maryland within 25 miles of. the Dis destination State and to delete North and 9 and junction U.S. Highways 9 and of Columbia, points in that part of Mary Dakota and South Dakota. If a hearing land north of U.S. Highway 50 and on o is deemed necessary, applicant requests 30, over U.S. Highway 9; (14) between it be held at Chicago, 111. Camden, and Freehold, N.J., over New east of U.S. Highway 1, and points FEDERAL REGISTER, VOL. 33, NO. 27— THURSDAY, FEBRUARY 8, 1968 NOTICES 2737 Virginia within 25 miles of the District of John E. Fullerton, 407 North Front to Burlington and Flemington, N.J. Columbia, as intermediate or off-route Street, Harrisburg, Pa. 17101. Authority Note: Applicant states the proposed points in connection with the operations sought to operate as a common carrier, service (1), (2), (3), and (4), to be under authorized in the above described routes by motor vehicle,. over irregular routes, contract with American Biltrite Rubber (22 and 23). transporting: Mixed fertilizers, ammo Co., Inc., and (5) to be under contract Restrictions: The regular-route au nium phosphate fertilizers, urea fertil with Tenneco Chemicals, Inc. If a hear thority sought above is restricted to the izer, ammonium nitrate fertilizer, and ing is deemed necessary, applicant re transportation of traffic moving (1) from pesticides in packages, from Lebanon, quests it be held at Washington, D.C., points in New Jersey to Philadelphia, Pa., to points in Maryland; Kent, and or New York, N.Y. Pa., and points within 25 miles of Phil Sussex Counties, Del.; Gloucester, Hunt No. MC 95540 (Sub-No. 720), filed adelphia, or (2) from New York, N.Y., erdon, and Mercer Counties, N.J.; Ac January 29, 1968. Applicant: WATKINS and points in New Jersey to points in the comack, Northampton, and Culpeper MOTOR LINES, INC., 1120 West Griffin District of Columbia and points in the Counties, Va.; and Suffolk, Orange, Road, Lakeland, Fla. 33803. Applicant’s above-described portions of Delaware, Rockland, Westchester, Dutchess, Put representative: Hoyt Starr (same ad Maryland, and Virginia, or (3) between nam, Ulster, and Columbia Counties, dress as applicant). Authority sought to New York, N.Y., on the one hand, and, N.Y. Note : If a hearing is deemed neces operate as a common carrier, by motor on the other, points in New Jersey and sary, applicant requests it be held at vehicle, over irregular routes, transport those in Pennsylvania within 25 miles of Washington, D.C., or Harrisburg, Pa. ing: Clay, in containers, from points in Philadelphia (including Philadelphia), No. MC 73165 (Sub-No. 241), filed Jan Thomas County, Ga., to points in Indi or (4) from Philadelphia, Pa., or Balti uary 19, 1968. Applicant: EAGLE MO ana, Ohio, Virginia, North Carolina, more, Md., to Sweedesboro, N.J.: (ID TOR LINES, INC., Post Office Box 1348, South Carolina, Georgia, Florida, Ala Canned goods, irregular routes: from Birmingham, Ala. 35201. Applicant’s rep bama, Mississippi, Louisiana, Arkansas, Swedesboro, N.J., to points in Massachu resentative: Robert M. Pearce, Post Of and Tennessee. Note: If a hearing is setts, Rhode Island, Connecticut, Dela fice Box E, Bowling Green, Ky. 42101. deemed necessary, applicant requests it ware, Maryland, and the District of Authority sought to operate as a com be held at Tampa, Fla., or Atlanta, Ga. Columbia, those in Pennsylvania east of mon carrier, by motor vehicle, over ir U.S. Highway 220, those in New York No. MC 101117 (Sub-No. 2), filed Jan regular routes, transporting: Roofing uary 22,1968. Applicant: W. J. PLUMLY, on, south, and east of a line beginning and roofing materials, from the plantsite at the Vermont-New York State line, and Box 86, Somerton, Ohio 43784. Appli of the Celotex Corp. at Birmingham, Ala., cant’s representative: Earl N. Merwin, extending along New York Highway 7 to to points in Kentucky. Note : If a hearing junction New York Highway 32, thence 85 East Gay Street, Columbus, Ohio is deemed necessary, applicant requests 43215. Authority sought to operate as a along New York Highway 32 to Albany, it be held at Birmingham, Ala. N.Y., thence along U.S. Highway 9W to contract carrier, by motor vehicle, over Kingston, N.Y., and thence along UJS. No. MC 82841 (Sub-No. 43), filed Jan irregular routes, transporting: New and Highway 209 to the New York-New uary 26, 1968. Applicant: R-D TRANS used mine cars, and parts thereof, be Jersey State line, and those in Virginia FER, INC., 801 Livestock Exchange tween Bamesville, Ohio, on the one hand, within 25 miles of the District of Colum Building, Omaha, Nebr. 68107. Appli and, on the other, points in Illinois, cant’s representative: Donald L. Stern, bia. Note: Applicant states that the Indiana, Kentucky, and Virgina, under effect of granting the authority above 630 City National Bank Building, Omaha, a continuing contract with Watt Car described will be to eliminate the excep Nebr. 68102. Authority sought to operate and Wheel Co. of Bamesville, Ohio. tion in respect of “canned goods, and as a common carrier, by motor vehicle, Note: If a hearing is deemed necessary, commodities used in canning or process over irregular routes, transporting: Pa applicant requests it be held at Colum ing food”, contained in applicant’s cer per and paper articles, from Omaha, bus, Ohio. tificate No. MC—60186, and to substitute Nebr., and Sioux City, Iowa, to points No. MC 10.3051 (Sub-No. 214), filed common-carrier authority for contract- in Colorado, Iowa, Kansas, Minnesota, January 25, 1968. Applicant: FLEET carrier authority contained in permit Missouri, Nebraska, and South Dakota. TRANSPORT COMPANY, INC., 1000, issued in No. MC-93421. If a hearing is Note: Common control may be involved. 44th Avenue North, Post Office Box 7645, deemed necessary, applicant requests it Applicant states that the proposed au Nashville, Tenp. 37209. Applicant’s rep be held at Philadelphia, Pa., or Wash thority in Nebraska is limited to points resentative: R. J. Reynolds, Jr., 403-11 ington, D.C. on and West of U.S. Highway 183, and Healey Building, Atlanta, Ga. 30303. Au No. MC 61592 (Sub-No. 100), filed Jan that the authority is restricted to traf thority sought to operate as a common fic having an immediately prior move carrier, by motor vehicle, over irregular uary 24, 1968. Applicant: JENKINS ment by barge or rail. If a hearing is TRUCK LINE, INC., 3708 Elm Street, routes, transporting: Chemicals, in bulk, Bettendorf, Iowa 52722. Applicant’s rep deemed necessary, applicant requests it in tank vehicles, from Savannah, Ga., to be held at Omaha, Nebr., or Kansas City, points in Florida and Georgia. Note: If a resentative: R. Connor Wiggins, Jr., 900, Mo. i*® North Main Building, Memphis, hearing is deemed necessary, applicant lenn. 38103. Authority sought to operate No. MC 87720 (Sub-No. 75), filed Jan requests it be held at Atlanta, Ga. as a common carrier, by motor vehicle, uary 23, 1968. Applicant: BASS TRANS No. MC 103654 (Sub.-No. 132), filed over irregular routes, transporting: (1) PORTATION CO., INC., Old Croton January 25, 1968. Applicant: SCHIR- r(tilers, trailer chassis, semitrailers Road, Flemington, N.J. 08822. Applicant’s MER TRANSPORTATION COMPANY, i . sem-itrailer chassis (other than those representative: Bert Collins, 140 Cedar INCORPORATED, 1145 Homer Street, resigned to be drawn by passenger auto- Street, New York, N.Y. 10006. Authority St. Paul, Minn. 55116. Applicant’s repre ooiles) in initial truckaway and drive- sought to operate as a contract carrier, sentative: Grant J. Merritt, 1000 First ^rvice, and (2) tractors, in sec by motor vehicle, over irregular routes, National Bank Building, Minneapolis, tary driveaway service only when transporting: (1) Titanium, in bags, Minn. 55402. Authority sought to operate Jailers or trailer chassis (other palletized, from Philadelphia, Pa., to as a common carrier, by motor vehicle, those designed to be drawn by pas- points in Hamilton Township, N.J.; (2) over irregular routes, transporting: enger automobiles) moving in initial floor tile, in cartons, palletized, from Chemicals, acids, and gases, from points giveaway service, from points in St. Philadelphia, Pa., and points in Hudson, in Ramsey, Washington,'Anoka, Henne stolr CoVnty> Ala., to joints in the United Union, and Essex Counties, N.J., to pin, Scott, Dakota, and Goodhue Coun jr te® deluding Alaska but excluding points in Hamilton Township, N.J.; (3) ties, Minn., to points in Minnesota, North ' Note: Tf a hearing is deemed resin, in bags, from Philadelphia, Pa., to Dakota, South Dakota, Iowa, Wisconsin, atm ^ry’ aPPUcant requests it be held points in Hamilton Township, N.J.; (4) Illinois, and the Upper Peninsula of floor coverings, and incidental materials, «Washington, D.C. Michigan. Note: Applicant states that and supplies, etc., from points in Hamil there are several tacking possibilities if „„i0- MC 67646 (Sub-No. 60), filed Jan- ton Township, N.J., to piers in Hudson, X S L 1968- Applicant: HALL’S M o the authority sought is granted including tion S ANSIT COMPANY, a corpora- Union, and Essex Counties, N.J., and (5) service from Chicago, 111.; Eau Claire, pa ’ .^“ th and Vine Streets, Sunbury, dry resins, in containers, from points in Wis.; Duluth, Minn.; Niota, HI.; Barks ■U801. Applicant’s representative: Hudson, Essex, and Union Counties, N.J., dale, Wis.; Cherokee, and Irvington, FEDERAL REGISTER, VOL. 33, NO. 27— THURSDAY, FEBRUARY 8, 1968 2738 NOTICES Iowa; Albany, HI.; Port Dodge, Iowa; No MC 107515 (Sub-No. 600), filed 1600 First Federal Building, Atlanta, Ga. and Junction City, Wis., which could be January 22, 1968. Applicant: REFRIG 30303. Authority sought to operate as tacked, and the applicant so intends, to ERATED TRANSPORT CO., INCy Post a common carrier, by motor vehicle, over serve points in North Dakota, South Da Office Box 10799, Station A, Atlanta, Ga. irregular routes, transporting: (1) Lift kota, and Wisconsin. Note: If a hearing 30310. Applicant’s representative: B. L. and hoist trucks, (2) tractors, (other is deemed necessary, applicant requests Gundlach (same address as applicant). than truck tractors), and (3) attach it be held at Minneapolis, Minn. Authority sought to operate as a com ments and accessories for items named No. MC 106920 (Sub-No. 27), filed mon carrier, by motor vehicle, over ir in (1) and (2) above, from the plant- January 22, 1968. Applicant: RIGGS regular routes, transporting: Charcoal, sites of Towmotor Corp. at Cleveland FOOD EXPRESS, INC., Post Office Box :wood, or charcoal briquetts or pellets, and Mentor, Ohio, to points in North 26. West Monroe Street, New Bremen, in packages, from Memphis, Tenn., to Carolina, South Carolina, Georgia, Ala Ohio 45869. Applicant’s representative: points in Arkansas, Louisiana, Minne bama, Florida, Mississippi, Illinois, Iowa, Carroll V. Lewis, 122 East North Street, sota, Missouri, Oklahoma, Texas, and Minnesota, Wisconsin, and Upper Pe Sidney, Ohio 45365. Authority sought to Wisconsin. Note : If a hearing is deemed ninsula of Michigan, restricted to traffic operate as a common carrier, by motor necessary, applicant requests it be held originating at and destined to the points vehicle, over irregular routes, transport at Memphis, Tenn. named above. Note: If a hearing is ing: Shortenings, lard, tallow, vegetable No. MC 108460 (Sub-No. 29), filed deemed necessary, applicant requests it oils, salad oils, cooking oils, salad dress January 26, 1968. Applicant: PETRO be held at Cleveland, Ohio. ings, and table sauces, in vehicles equip LEUM CARRIERS COMPANY, a corpo No. MC 112520 (Sub-No. 172), filed ped with mechanical refrigeration (ex ration, 5104 West 14th Street, Sioux Falls, January 22,1968. Applicant: McKENZIE cept in bulk, in tank vehicles), from S. Dak. 57101. Applicant’s representative: TANK LINES, INC., Post Office Box Jacksonville, 111., and points within 1 mile E. A. Hutchinson, 420 Security Bank 1200, Tallahassee, Fla. 32302. Applicant’s thereof, to points in Pennsylvania, New Building, Sioux City, Iowa 51101. Au representative: W. Guy McKenzie, Jr. York, New Jersey, Connecticut, Massa thority sought to operate as a common (same address as applicant). Authority chusetts, Delaware, Maryland, Rhode Is carrier, by motor vehicle, over irregular sought to operate as a common carrier, land, Virginia, West Virginia, and the routes, transporting: Petroleum and pe by motor vehicle, over irregular routes, District of Columbia. Note: If a hearing troleum products, in bulk, in tank vehi transporting: Anhydrous ammonia, in is deemed necessary, applicant requests cles, from points in Plymouth and Dick bulk, in tank vehicles, from points in it be held at Washington, D.C. inson Counties, Iowa, to points in South Muscogee and Dougherty Counties, Ga., No. MC 107496 (Sub-No. 621), filed Dakota, North Dakota, Nebraska, Min to points in Alabama, Florida, and Geor gia. Note : If a hearing is deemed neces January 22, 1968. Applicant: RUAN nesota, and Iowa. Note : Common control TRANSPORT CORPORATION, Keo- may be involved. If a hearing is deemed sary, applicant requests it be held at At sauqua Way at Third, Post Office ■ Box necessary, applicant requests it be held lanta, Ga. at Minneapolis, Minn., Omaha, Nebr., or No. MC 112750 (Sub-No. 253), filed 855, Des Moines, Iowa 50304. Applicant’s January 22, 1968. Applicant: AMERI representative: H. L. Fabritz (same ad Sioux City, Iowa. No. MC 110525 (Sub-No. 853), filed CAN COURIER • CORPORATION, 222- dress as applicant). Authority sought 17 Northern Boulevard, Bayside, N.Y. to operate as a common carrier, by motor January 25, 1968. Applicant: CHEMI CAL LEAMAN TANK LINES, INC., 520 11361. Applicant’s representative: Rus vehicle, over irregular routes, transport sell S. Bernhard, 1625 K Street NW., ing: Synthetic resins, in bulk, from East Lancaster Avenue, Downingtown, Pa. 19335. Applicant’s représentatives: Commonwealth Building, Washington, Minneapolis, Minn., to Little Falls, D.C. 20006. Authority sought to operate Minn. Note: If a hearing is deemed Edwin H. van Deusen, 520 East Lan caster Avenue, Downingtown, Pa. 19335, as a contract carrier, by motor vehicle, necessary, applicant requests it be held over irregular routes, transporting: at Des Moines, Iowa, or Chicago, 111. arid Leonard A. Jaskiewicz, 1155 15th Street NW, Washington, D.C. 20005. Au Commercial papers, documents, written No. MC 107496 (Sub-No! 622), filed thority sought to operate as a common instruments, and business records (ex January 24, 1968. Applicant: RUAN carrier, by motor vehicle, over irregular cept currency and negotiable securities), TRANSPORT CORPORATION, Keo- routes, transporting : Chemicals, in bulk, as are used in the business of banks and sauqua Way at Third, Post Office Box from points in Brazos County, Tex., to banking institutions, between Philadel 855, Des Moines, Iowa 50304. Applicant’s points in Arkansas, Florida, and Loui phia, Pa., on the one hand, and, on the representative: H. L. Fabritz (same ad siana. Note: If a hearing is deemed other, points in Atlantic, Camden, Cape dress as applicant). Authority sought to necessary, applicant requests it be held May, Cumberland, Gloucester, and Sa operate as a common carrier, by motor at Houston, Tex., or Washington, D.C. lem Counties, N.J., under contract with vehicle, over irregular routes, transport No. MC 110525 (Sub-No. 854), filed banks and banking institutions. N o t e : ing: Nitrogen fertilizer, liquid fertilizer, January 25, 1968. Applicant: CHEMI Applicant holds common carrier author and liquid fertilizer materials, from CAL LEAMAN TANK LINES, INC., 520 ity in MC 111729, therefore, dual oper Seneca, HI., to points in Indiana, Iowa, Lancaster Avenue, Downingtown, Pa. ation may be involved. If a hearing is Kentucky, Michigan, Missouri, and 19335. Applicant’s representatives: Ed deemed necessary, applicant requests it Wisconsin. Note: If a hearing is deemed win H. van Deusen (same address as be held at Washington, D.C., or New necessary, applicant requests it be held above), also Leonard A. Jaskiewicz, York, N.Y. at Des Moines, Iowa, or Chicago, HI. Madison Building, 1155 15th Street NW., No. MC 113624 (Sub-No. 41), filed Jan No. MC 107496 (Sub-No. 623), filed Washington, D.C. 20005. Authority uary 24, 1968. Applicant: WARD January 24, 1968. Applicant: RUAN sought to operate as a common carrier, TRANSPORT, INC., Post Office Box 1«. TRANSPORT CORPORATION, Keo- by motor vehicle, over irregular routes, Pueblo, Colo. 81002. Applicant’s repre sauqua Way at Third, Post Office Box transporting: Chemicals, in bulk, from sentative: Alvin J. Meiklejohn, Jr.,42« 855, Des Moines, Iowa 50304. Applicant’s Addyston, Ohio, to points in Arizona, Denver Club Building, Denver, Colo. representative: H. L. Fabritz (same ad California, Colorado, Idaho, Kansas, 80202. Authority sought to operate as a dress as applicant). Authority sought to Montana, Nebraska, Nevada, New Mexi common carrier, by motor vehicle, over operate as a common carrier, by motor co, North Dakota, Oklahoma, Oregon, irregular routes, transporting: Anhy vehicle, over irregular routes, transport South Dakota, Utah, Washington, and drous ammonia, from the plantsite o ing : Cement, from the plantsite of Wyoming. Note: If a hearing is deemed Farmland Industries, Inc., located at o River Cement Co. at or near Selma, Jef necessary, applicant requests it be held near Dodge City, Kans., to P°J*lts. ferson County, Mo., and the distribution at Washington, D.C. Colorado, Iowa, Missouri, Nebraska, terminal of River Cement Co. at St. Oklahoma, Texas, and Wyoming. Nora. Louis, Mo., to points in Arkansas, Illinois, No. MC 111545 (Sub-No. 102), filed January 24, 1968. Applicant: HOME If a hearing is deemed necessary, avv - Indiana, Iowa, Kentucky, Missouri, and TRANSPORTATION COMPANY, INC., cant requests it be held at Denver, Co •> Tennessee. Note : If a hearing is deemed 1425 Franklin Road SE., Post Office Box or Kansas City, Mo. necessary, applicant requests it be held 6426, Station A, Marietta, Ga. 30060. Ap No. MC 113624 (Sub-No. 42), fiiedJ^J: at Des Moines, Iowa, or Kansas City, Mo. plicant’s representative: Paul M. Daniell, uary 24, 1968. Applicant: W FEDERAL REGISTER, VOL. 33, NO. 27— THURSDAY, FEBRUARY 8, 1968 NOTICES 2739 TRANSPORT, INC., Post Office Box 133, 1819 H Street N.W., Washington, D.C. resentative: Max Morgan, 450 American Pueblo, Colo. 81002. Applicant’s repre 20006. Authority sought to operate as a sentative: Marion P. Jones, 420 Denver National Building, Oklahoma City, Okla. common carrier, by motor vehicle, over 73102. Authority sought to operate as a Club Building, Denver, Colo. 80202. Au irregular routes, transporting: Concrete thority sought to operate as a common common carrier, by motor vehicle, over additives, in bulk, from Camden, N.J., irregular routes, transporting: New fur carrier, by motor vehicle, over irregular and Philadelphia, Pa., to points in Dela L routes, transporting: Fertilizers, fertil niture cartoned, between points in Dallas ware, Maryland, New Jersey, North Caro County, Tex., on the one hand, and, on izer compounds, and fertilizer ingre lina, Pennsylvania, South Carolina, Vir dients, in bulk, from Denver, Colo., to the other, points in Alabama, Florida, ginia, West Virginia, and the District of Georgia, Iowa, Kansas, Missouri, Loui | points in Kansas, Texas, Oklahoma, New Columbia. N ote: If a hearing is deemed i Mexcio, and Nebraska. Note: Applicant siana, Mississippi, Nebraska, New Mexico, necessary, applicant requests it be held North Carolina, and South Carolina. I states that tacking could be performed at Washington, D.C. ! through Fremont; the site of Phillips Note : Applicant intends to tack at points No. MC 114045 (Sub-No. 308), filed in Dallas County, Tex., for a thorough Petroleum Co. near Hoag and Aurora, January 26, 1968. Applicant: TRANS Nebr.; that plantsite of Cominco Amer service between California, Arizona, and COLD EXPRESS, INC., Post Office Box Colorado under its pending Sub-38. If ican, Inc. near Beatrice; the site of 5842, Dallas, Tex. 75222. Applicant’s rep Monsanto Co. near Murphy, to serve a hearing is deemed necessary, applicant resentative: R. L. Moore (same address requests it be held at Dallas, Tex. points in Iowa, Missouri, Kansas, South as applicant). Authority sought to oper | Dakota, Wyoming, Illinois, Minnesota, ate as a common carrier, by motor ve No. MC 115491 (Sub-No. 108), filed and North Dakota, however, such tacking hicle, over irregular routes, transporting: January 29 1968. Applicant: COMMER would be impractical and very unlikely. Foodstuffs, from points in Massachusetts CIAL CARRIER CORPORATION, 502 If a hearing is deemed necessary, appli to points in California, Oregon, Wash East Bridgers Avenue, Post Office Box 67, Auburndale, Fla. Applicant’s repre cant requests it be held at Denver, Colo. ington, Utah, and Montana. Note: If a No. MC 113624 (Sub-No. 43), filed Jan hearing is deemed necessary, applicant sentative: Tony G. Russell (same address uary 24, 1968. Applicant: WARD requests it be held at Boston, Mass., or as applicant). Authority sought to oper TRANSPORT, INC., Post Office Box 133, Washington, D.C. ate as a common carrier, by motor vehi Pueblo, Colo. 81002. Applicant’s repre cle, over irregular routes, transporting: No. MC 114265 (Sub-No. 6), filed (1) Liquid plastics, from Lakeland, Fla., sentative: Alvin J. Meiklejohn, Jr., 420 January 29, 1968. Applicant: RALPH Denver Club Building, Denver, Colo. ■ to points in Alabama, Georgia, Kentucky, • SHOEMAKER, doing business as SHOE Louisiana, Maryland, Mississippi, North 80202. Authority sought to operate as a MAKER TRUCKING CO., 8624 Frank common carrier, by motor vehicle, over Carolina, Ohio, Pennsylvania, South lin Road, Boise, Idaho 83705. Applicant’s Carolina, Texas, Virginia, and West irregular routes, transporting: Anhy representative: Raymond D. Givens, 500 drous ammonia, urea, and fertilizer, Virginia and (2) materials used in the Washington Street, Post Office Box 964, manufacture of liquid plastics, from from Omaha, Nebr., to points in Iowa, Boise, Idaho 83701. Authority sought to Kansas, Minnesota, Missouri, Nebraska, points in Georgia, Louisiana, North operate as a common carrier, by motor Carolina, South Carolina, Texas, and North Dakota, and South Dakota. Note: vehicle, over irregular routes, transport West Virginia, to Lakeland, Fla. N ote: If a hearing is deemed necessary, appli ing: Wood and steel trusses and laminat cant requests it be held at Omaha, Nebr. If a hearing is deemed necessary, appli ed wooden beams, from Boise, Idaho, to cant requests it be held at Tampa or No. MC 113666 (Sub-No. 29), filed Jan points in Arizona, California, New Mex Miami, Fla. uary 22, 1968. Applicant; FREEPORT ico, and Utah. Note: If a hearing is TRANSPORT, INC., 1200 Butler Road, deemed necessary, applicant requests it No. MC 115495 (Sub-No. 16), filed Freeport, Pa. 16229. Applicant’s repre be held at Boise, Idaho, or Salt Lake City, January 25, 1968. Applicant: UNITED sentative: James W. Hagar, 100 Pine Utah. PARCEL SERVICE, INC., 300 North Street, Post Office Box 432, Harrisburg, Second Street, St. Charles, HI. 60174. No. MC 114965 (Sub-No. 35), filed Applicant’s representatives: S. Harrison :Pa- IT108. Authority sought to operate January 22, 1968. Applicant: CYRUS .as a common carrier, by motor vehicle, Kahn, 733 Investment Building, Wash TRUCK LINE, INC., Post Office Box 327, ington, D.C. 20005, and Irving R. Segal over irregular routes, transporting: Urea, Iola, Kans. 66749. Applicant’s represent . irom Olean, N.Y., to ponits in Connecti- and Bernard G. Segal, 1719 Packard ative: Charles H. Apt, 104 South Wash Building, Philadelphia, Pa. 19102. Au fUtLDelaware’ Illinois, Indiana, Ken- ington, Iola, Kans. 66749. Authority u? w Maine; Maryland, Massachusetts, thority sought to operate as a common sought to operate as a common carrier, carrier, by motor vehicle, over irregular E New Hampshire, New Jersey, by motor vehicle., over irregular routes, r^ Y°rk, Ohio, Pennsylvania, Rhode Is- transporting: Anhydrous ammonia, in routes, transporting: General commodi «pa, Tennessee, Vermont, West Vir- bulk, in specialized equipment, from the ties (except those of unusual value, ¡rz* and the District of Columbia, plantsite of Farmland Industries, Inc., classes A and B explosives, household an r*11 a hearing is deemed necessary, nitrogen plant near Dodge City, Kans., to goods as defined by the Commission, applicant requests it be held at Washing- points in Colorado, Wyoming, Texas, Ok commodities in bulk, and commodities re D.C., or Buffalo, N.Y. quiring special equipment), (1) between lahoma, Missouri, Nebraska, Iowa, and points in North Dakota, South Dakota, MC 113678 (Sub-No. 307), filed Kansas. N o t e : If a hearing is deemed anuary 26, 1968. Applicant: CURTIS, necessary, applicant requests it be held Nebraska, Kansas, Oklahoma, Texas, Coin’ onni j>lst Avenue, Denver, at Kansas City, Mo. Arkansas, Louisiana, and Mississippi, ftun« Applicant’s representative: and (2) between points in North Dakota No. MC 115018 (Sub-No. 15), filed (other than Fargo and Grand Forks), Acklie, Post Office Box 806, January 22, 1968. Applicant: LEWIS W. atp afn’ Nel>r- Authority sought to oper- South Dakota, Nebraska (other than OWEN, INC., Lawrenceville, Va. 23868. Omaha), Kansas (other than Kansas clo a, a c?TtlTnon carrier, by motor vehi- Applicant’s representative: Jno. C. God- City), Oklahoma, Texas, Arkansas, Cdflrfl61 11Te^ ar routes, transporting: din, Post Office Box 1636, Richmond, Va. tKitin-S°^^tiOTiery' display and adver- 23213. Authority sought to operate as a Louisiana, and Mississippi, on the one Coh T^terial, and prizes, from Denver, contract carrier, by motor vehicle, over hand, and, on the other, points in Min ton hr pouv*'s 111 Idaho, Utah, Washing- irregular routes, transporting: Wooden nesota, Iowa, Missouri, Tennessee, and Icq ’flr,. ^n, Arizona, Nevada, New Mex- pallets, from Smoky Ordinary, Va., to Alabama. Restrictions: No service shall deemo/? California. Note: If a hearing is Detroit, Mich., under contract with Abell be rendered in the transportation of behpi^04^ essary’ applicant requests it Lumber Corp. N ote: If a hearing is any package or article weighing more aeia at Kansas City, Mo. deemed necessary, applicant requests it JanJa^Q113628 (Sub-No. 138), filed be held at Washington, D.C., or Rich than 50 pounds or exceeding 108 inches TANTmt tattpo 9®8‘ Applicant: O’BOYLE mond, Va. in length and girth combined, and each f f i i T NES» INCORPORATION, 4848 No. MC 115257 (Sub-No. 45), filed package or article shall be considered as Applican J6nue’ Washington, D.C. 20014. January 26, 1968. Applicant: SHAM a separate and distinct shipment. No Sullivan i Representative; William P. ROCK VAN LINES, INC., Post Office Box service shall be rendered between de » Federal Bar Building- West, 5447, Dallas, Tex. 75222. Applicant’s rep partment stores, specialty shops, and FEDERAL REGISTER, VOL. 33, NO. 27— THURSDAY, FEBRUARY 8, 1968 2740 NOTICES retail stores and the branches or ware Meats, meat products, and articles dis No. MC 119285 (Sub-No. 2) , filed Jan- houses of such stores; or between depart tributed by meat packinghouses (except uary 22,1968. Applicant: YELLOW CAB, ment stores, specialty shops, and retail hides and commodities in bulk), from INC., 124 East Market Street, T.ima, stores or the branches or warehouses the plantsite of Missouri Beef Packers Ohio 45801. Applicant’s representative: i thereof, on the one hand, and, on located at or near Friona, Tex., to points Paul F. Beery, 100 East Broad Street, ' the other, the premises of the cus in North Dakota, South Dakota, Minne Columbus, Ohio 43215. Authority sought tomers of such stores. No service shall sota, Wisconsin, Nebraska, Illinois, Iowa, to operate as a contract carrier, by motor be provided in the transportation of Louisiana, Arkansas, Oklahoma, Mis vehicle, over irregular routes, transport packages or articles weighing in the ag souri, and Kansas, restricted to traffic ing: (1) Machinery parts and automo gregate more than 100 pounds from one originating and destined to the points tive parts, between Lima, Ohio, on the consignor at one location to one con named. Note: If a hearing is deemed one hand, and, on the other, points in signee at one location on any one day. necessary, applicant requests it be held Illinois, Indiana, Kentucky, Michigan, N o t e : Applicant indicates tacking at at Kansas City, Mo., Dallas or Amarillo, New York, Ohio, and Pennsylvania; and Fargo and Grand Forks, N, Dak.; Tex. (2) materials and supplies used in the Omaha, Nebr.; and Kansas City, Kans.; No. MC 117883 (Sub-No. 108), filed manufacture and assembly of electric and points in Minnesota, Iowa, Mis January 25, 1968. Applicant: SUBLER motors, between Union City, Ind., and souri, Tennessee, and Alabama with its TRANSFER, INC., East Main Street, Lima, Ohio, on the one hand, and, on existing authority under MC 115495 Versailles, Ohio 45380. Applicant’s rep the other, points in Illinois, Indiana, Subs 3, 4, and 14, serving points in Ala resentative: Kenneth Subler, Post Of Kentucky, Michigan, New York, Ohio, bama, Florida, Georgia, Illinois, Indiana, fice Box 62, Versailles, Ohio 45380. Au and Pennsylvania, under a continuing Iowa, Kansas, Kentucky, Michigan, Min thority sought to'operate as a common contract or contracts with Superior nesota, Missouri, Nebraska, North Da carrier, by motor vehicle, over irregular Coach Corp., Lima, Ohio, and Westing- kota, North Carolina, Ohio, Pennsyl routes, transporting: Frozen potatoes, house Electric Corp., Lima, Ohio. Re vania, South Carolina, Tennessee, Vir and potato products, (1) from Presque striction: The authority sought herein is ginia, West Virginia, and Wisconsin. Isle and Portland, Maine, to points in restricted to the transportation of ship Applicant also states that it will inter New York (except those in Suffolk, West ments weighing in the aggregate not line with its affiliated company, United chester, Rockland, Nassau Counties, and more than 5,000 pounds, from one con Parcel Service, Inc., New York, N.Y. the Boroughs of Queens, Brooklyn, signor at one location to one consignee Applicant holds contract carrier au Bronx, Richmond, and Manhattan), at one location, in any one day. Note: If thority under MC 13426, therefore, dual Pennsylvania (except those in Mont a hearing is deemed necessary, applicant operations may be involved. If a hearing gomery, Bucks, and Delaware Counties, requests it be held at Columbus, Ohio. is deemed necessary, applicant requests and Philadelphia), West Virginia, and No. MC 119489 (Sub-No. 16), filed it be held at New Orleans, La., or Dallas, Kentucky, (2) from Washburn and Bel January 25, 1968. Applicant: PAUL AB Tex., with a prehearing conference in fast, Maine, and Watertown, Mass., to LER, doing business as CENTRAL Washington, D.C. points in New York (except those in TRANSPORT COMPANY, Post Office No. MC 116763 (Sub-No. 124), filed Suffolk, Westchester, Rockland, Nassau, Box 596, Norfolk, Nebr. 68701. Appli January 24, 1968. Applicant: CARL and the Boroughs of Queens, Brooklyn, cant’s representative: J. Max Harding, SUBLER TRUCKING, INC., North West Bronx, Richmond, and Manhattan), 605 South 14th Street, 300 NSEA Build Street, Versailles, Ohio 45380. Applicant’s Pennsylvania (except those in Mont ing, Post Office Box 2028^Lincoln, Nebr. representative: Carl Subler (same ad gomery, Bucks, and Delaware Counties, 68501. Authority sought to operate as a dress as above). Authority sought to and Philadelphia), West Virginia, Ken common carrier, by motor vehicle, over operate as a common carrier, by motor tucky, Ohio, Indiana, and Michigan, and irregular routes, transporting: Anhy vehicle, over irregular routes, transport (3) from Easton, Maine, to points in drous ammonia urea and fertilizer, from ing: Charcoal, charcoal briquettes, and New York (except those in Suffolk, West Omaha, Nebr., to points in Iowa, Kansas, pellets, from Memphis, Tenn., to points chester, Rockland, Nassau Counties, and Minnesota, Missouri, Nebraska, North in Arkansas, Illinois, Indiana, Iowa, the Boroughs of Queens, Brooklyn, Dakota, and South Dakota. Note: If a Louisiana, Michigan, Minnesota, Mis Bronx, Richmond, and Manhattan), hearing is deemed necessary, applicant souri, Mississippi, Oklahoma, Texas, and Pennsylvania (except those in Mont requests it be held at Omaha or Lincoln, Wisconsin. N o t e : If a hearing is deemed gomery, Bucks, and Delaware Counties, Nebr. necessary, applicant requests it be held and Philadelphia), West Virginia, and No. MC 119767 (Sub-No. 205), fij^ at Memphis, Tenn. Kentucky. Note: Applicant intends to January 29, 1968. Applicant: BEAVI® No. MC 117344 (Sub-No. 187), filed tack at Columbus, Ohio, with its existing TRANSPORT CO., a corporation, 100 January 26, 1968. Applicant: THE MAX authority serving points in Minnesota, South Calumet Street, Post Office Box WELL CO., a corporation, 10380 Even- Missouri, Nebraska, Illinois, and Wis 339, Burlington, Wis. 53105. Applicants dale Drive, Cincinnati, Ohio 45215. Ap consin. If a hearing is deemed necessary, representative: Allan B. Torhorst (same plicant’s representatives: Herbert Baker applicant requests it be held at Portland address as applicant). Authority sough and James R. Stiverson, 50 West Broad or Augusta, Maine. to operate as a common carrier, by motó Street, Columbus, Ohio 43215. Authority No. MC 118159 (Sub-No. 47), filed vehicle, over irregular routes, transport sought to operate as a common carrier, January 22, 1968. Applicant: EVERETT ing: Paper and paper products, fm® by motor vehicle, over irregular routes, LOWRANCE, 4916 Jefferson Highway, Middletown, Ohio, to points in Wiscon transporting: Chemicals, in bulk from Post Office Box 10216, New Orleans, La. sin, Minnesota, and Iowa, NqteJP- Addyston, Ohio, to points in Arizona, 70121. Applicant’s representative: Har hearing is deemed necessary, applica California, Colorado, Idaho, Kansas, old R. Ainsworth, 2307 American Bank requests it be held at Washington, w « Montana, Nebraska, Nevada, New Mex Building, New Orleans, La. 70130. Au or Chicago, 111. , ico, North Dakota, Oklahoma, Oregon, thority sought to operate as a common No. MC 119767 (Sub-No. 206),“¡S South Dakota, Utah, Washington, and carrier, by motor vehicle, over irregular January 29, 1968. Applicant: BEAV®» Wyoming. N o t e : If a hearing is deemed routes, transporting: Sodium hypochlo TRANSPORT CO., a corporation, necessary, applicant requests it be held rite solution (except in bulk, in tank ve South Calumet Street, Burlington, ■ at Washington, D.C., or Columbus, Ohio. hicles), (1) from Atlanta, Ga., to points 53105. Applicant’s representative: au No. MC 117686 (Sub-No. 84), filed in Alabama, Kentucky, Mississippi, Ten B. Torhorst (same address as applic ‘ January 22, 1968. Applicant: HIRSCH- nessee, points in Louisiana east of the Authority sought to operate as a com BACH MOTOR LINES, INC., 3324 U.S. Mississippi River, and to points in Ar carrier, by motor vehicle, over irregui Highway 75 North, Post Office Box 417, kansas on and east of Arkansas High routes, transporting: Frozen foods, L ways 67 and 65 (excluding the little Sioux City, Iowa 51102. Applicant’s Duluth, Minn., to points in Iowa, J*^ representative: Duane W. Acklie, 1201 Rock commercial zone) and (2) from J Street, Post Office Box 806, Lincoln, Houston, Tex., to points in Louisiana. souri, Illinois, Indiana, Michigan, ’ and Kentucky. N o t e : If a hean”. « Nebr. 68501. Authority sought to operate Note: If a hearing is deemed necessary, requests» as a common carrier, by motor vehicle, applicant requests it be held at Washing over irregular routes, transporting: ton, D.C. be held at Minneapolis, Minn. FEDERAL REGISTER, VOL. 33, NO. 27— THURSDAY, FEBRUARY 8, 1968 NOTICES 2741 No. MC 119777 (Sub-No. 98), filed 74501.: Applicant’s representative: W. Minneapolis-St. Paul, Minn., commercial January 22, 1968. Applicant: LIGON Scott Clark, Fort Worth Club Building, zone as defined by the Commission to SPECIALIZED HAULER, INC., Post Of Fort Worth, Tex. 76102. Authority sought points in Montana and Wyoming, and fice Box L, Madisonville, Ky. 42431. to operate as a common carrier, by motor (2) from points in the Minneapolis-St. Applicant’s representative: Robert M. vehicle, over irregular routes, transport Paul, Minn., commercial zone as defined Pearce, Post Office Box E, Bowling Green, ing: Household goods, as defined by the by the Commission to points in North Ky. 42101. Authority sought to operate as Commission, between points in Okla Dakota and South Dakota, when moving | a common carrier, by motor vehicle, over homa. Note : If a hearing is deemed nec with shipments destined for points in irregular routes, transporting: (1) Fiber - essary, applicant requests it be held at Montana or Wyoming. Note: If a hear board, particle board, flake board, boards Fort Worth or Dallas, Tex. ing is deemed necessary, applicant re or sheets consisting of wood chips No. MC 120981 (Sub-No. 7), filed Jan quests it be held at Minneapolis, Minn. and/or wood flakes, and plywood, (2) uary 24, 1968. Applicant: NORTH TEN No. MC 124796 (Sub-No. 34), filed fiberboard, particle board, flake board, NESSEE FREIGHT " LINE, INC., 606 boards or sheets consisting of wood chips January 25, 1968. Applicant: CONTI Fifth Avenue South, Nashville, Tenn. NENTAL CONTRACT CARRIER CORP., and/or wood flakes, plywood, finished 37203. Applicant’s representative: George with decorative or protective materials, 7236 East Slauson Street, Los Angeles, M. Catlett, 703—706 McClure Building, Calif. 90022. Applicant’s representative: and (3) accessories and supplies used in Frankfort, Ky. 40601. Authority sought the installation of the commodities de J. Max Harding, 300 NSEA Building, to operate as a common carrier, by motor 14th and J Streets, Post Office Box 2028, scribed in (1) and (2) above, from points vehicle, over irregular routes, transport in Davison County, N.C., and Sussex Lincoln, Nebr. 68501. Authority sought ing: General commodities (except those to operate as a contract carrier, by County, Va., to points in the United of unusual value, classes A and B explo States (except Alaska, Arizona, Califor motor vehicle, over irregular routes, sives, household goods as defined by the transporting: (1) Sweetening compound, nia, Colorado, Hawaii, Idaho, Montana, Commission, commodities in bulk, and Nevada, New Mexico, Oregon, Utah, drugs, and janitorial supplies, from those requiring special equipment); (1) Chicago and Melrose Park, HI., to points Washington, and Wyoming). N o te : Ap between Lebanon and Lexington, Ky.: plicant holds contract carrier authority From Lebanon, Ky., over U.S. Highway in Arizona, California, Idaho, Nevada, under Docket No. MC 126970 Sub 1, New Mexico, Oregon, Utah, and Wash 68 to Perryville, Ky., thence over U.S. ington, and outdated, refused, and therefore, dual operations may be in Highway 150 to Danville, Ky., thence volved. Common control may be involved. rejected shipments, on return, and (2) over U.S. Highway 127 to Lawrenceburg, buffing, polishing, cleaning, scouring, and If a hearing is deemed necessary, appli Ky., thence over U.S. Highway 62 to cant requests it be held at Nashville, Versailles, Ky., thence over U.S. High washing compounds; solvents, starch, Tenn., or Louisville, Ky. way 60 to Lexington, Ky., and return germicides, sponges, and toilet prepara No. MC 119827 (Sub-No. 4), filed over the same route, serving all inter tions; and advertising materials moving January 29, 1968. Applicant: APACHE mediate points (except Lawrenceburg, with the described commodities, from MOTOR FREIGHT, INC., 6363 Middle- Ky., and its commercial zone thereof, points in Los Angeles County and belt Road, Inkster, Mich. 48141. Appli and those between Versailles, and Lex Emeryville, Calif., to Denver, Colo.; cant’s representative: Quentin A. Ewert, ington, K y.), and (2) between Harrods- Kansas City, Mo.; and Chicago and Mel 117 West Allegan Street, Lansing, Mich. burg and Lexington, Ky.: From Harrods- rose Park, HI.; and outdated, refused, 48933. Authority sought to operate as a burg, Ky., over U.S. Highway 68 to Lex and rejected shipments, on return, under common carrier, by motor vehicle, over ington, Ky., and return over the same a continuing contract with Alberto- Irregular routes, transporting: General route, serving no intermediate points for Culver Co., of Melrose Park, 111. Note: If a hearing is deemed necessary, appli commodities, between Willow Run Air the purposes of joinder only. Note: If a port in Wayne and Washtenaw Counties, hearing is deemed necessary, applicant cant requests it be held at Chicago, 111. Mich., Detroit Metropolitan Airport, lo requests it be held at Louisville or Lex No. MC 125227 (Sub-No..8) (Cor cated in Wayne County, Mich., and the ington, Ky. rection) , filed January 4,1968, published Toledo Express Airport located in Lucas No. MC 123383 (Sub-No. 28) (Clarifica F ederal R egister issue of January 18, County, Ohio, on the one hand, and, on tion), filed January 3, 1968, published 1968, and republished, as corrected, this the other, points in Lucas, Williams, De F ederal R egister issue o f January 18, issue. Applicant: RECORD TRUCK fiance, Fulton, and Henry Counties, Ohio. 1968, and republished as clarified, this LINE, INC., Henderson, Tenn. Appli Note: Applicant indicates tacking the issue. Applicant: BOYLE BROTHERS, cant’s representative: R. Connor Wig proposed authority at Willow Run and INC., 276 River Road, Edgewater, N.J. gins, Jr., 909, 100 North Main Building, Detroit Metropolitan Airports with its 07020. Applicant’s representative: Mor Memphis, Tenn. 38103. Authority sought presently held authority under MC ton E. Kiel, 140 Cedar Street, New York, to operate as a common carrier, by motor * serving an additional air facility N. Y. 10006. Authority sought to operate vehicle, over irregular routes, trans m Pontiac, Mich. If a hearing is deemed as a common carrier, by motor vehicle, porting: Steel pipe and nipples and fit TiSs?ary’ aPPUcant requests it be held over irregular routes, transporting: Tires, tings, valves, attachments, parts, and at Toledo, Ohio, or Detroit or Lansing, tubes, and tread rubber, from Findlay, accessories therefor, (a) from points in Mich. Ohio, to Cliffside Park, Union,- Newark, Chester County, Tenn., to points in the No. MC 119974 (Sub-No. 19), filed Jan- and Little Ferry, N.J., and New York, United States (except Alaska and 26, 1968. Applicant: L.C.L. TRAN- N.Y., returned shipments, on return. Hawaii) and (b) from points in the o COMPANY, a corporation, 520 North Note: Applicant indicates tacking with United States (except Alaska and jjoosevelt Street, Post Office Box 949, its general commodity authority at New Hawaii) to points in Chester County, Bay, Wis. 54305. Applicant’s rep- York, N.Y., to provide service to points in Tenn., restricted against the transpor esentative: Charles E. Dye (same ad- New Jersey and Philadelphia, Pa. The tation of commodities for the use in or onp t&S a^ove^* Authority sought to purpose of this republication is to more in connection with the discovery, devel vpv i 6 as a common carrier, by motor clearly set forth the tacking information. opment, production, refining, manufac inii- p over *rregular routes, transport- If a hearing is deemed necessary, appli ture, processing, storage, transmission, trnm *jesh meat, carcasses, and cuts, cant requests it be held at New York, and distribution of natural gas and i w ®reen Bay. Wis., to points in the N.Y. petroleum and their products and by linp6?!?03^’ Iowa» Rock Island, and Mo- No. MC 124692 (Sub-No. 50), filed products, and in connection with the thn n '* C Iowa, or Madison, cant’s representative: Frank G. Eney gas and petroleum and their products (same address as applicant) . Authority and byproducts. Note: Applicant pro uarw ,*205°D (Sub-No. 2), filed Jan- sought to operate as a common carrier, poses to tack parts (a) and (b) above, ^ 2 6 , i968. Applicant: JOHNSTON by motor vehicle, over irregular routes, together. The purpose of this republi S ^ F E R & STORAGE, INC., 105 transporting: Roofing material and re cation is to correct the tacking informa h Main, Box 1034, McAlester, Okla. lated articles, (1) from points in the tion. If a hearing is deemed necessary, No. 27- FEDERAL REGISTER, VOL. 33, NO. 27— THURSDAY, FEBRUARY 8, 1968 2742 NOTICES applicant requests it be held at Memphis irregular routes, transporting: Aircap ing: General commodities (except thosa of unusual value, household goods as del or Nashville, Tenn. plastic cushioning material, from Haw thorne, N.J., to points in Connecticut* fined by the Commission, commodities No. MC 126042 (Sub-No. 4), hied Jan in bulk, dangerous explosives, and com-J uary 26, 1968. Applicant: C. ARTHUR Delaware, Kentucky, Maine, Maryland, Massachusetts, New Hampshire, New modifies requiring special equipment) ,1 FOSSE, doing business as FOSSE- between Russellville, Ala., and Memphis! TRANSPORT, Rothsay, Minn. 56579. Jersey, New York, North Carolina, Ohio, Pennsylvania, Rhode Island, Tennessee, Tenn., and points in the Memphis, Tennl Applicant’s representative: Benny A. commercial zone, over U.S. Highway 721 Graff, Post Office Box 100, Mandan, N. Virginia, Vermont, West Virginia, and the District of Columbia, and returned serving the intermediate point of Flor-| Dak. 58554. Authority sought to operate ence, Ala., and the off-route points ofl as a contract carrier, by motor vehicle, shipments, on return, under contract with Sealed Air Corp. Note: If a hearing Sheffield, Tuscumbia, and Muscle Shoals! over irregular routes, transporting: Ala., and points within 10 miles thereof! Truck bodies and truck hoists, from Gal- is deemed necessary, applicant requests it be held at New York, N.Y. Note: Applicant states the proposed aul ion, Ohio, and Quincy, 111., to Mandan, thority shall be restricted to prohibit! Williston, Minot, Rugby, and Dickinson, No. MC 128247 (Sub-No. 6), filed January 25, 1968. Applicant: BURSAL the handling of any shipments movinl N. Dak., under contract with O. K. between Nashville and Memphis, Tennl Equipment, Inc. Note: If a hearing is TRANSPORT, INC., Rural Route 1, Bunker Hill, Ind. Applicant’s representa If a hearing is deemed necessary, applil deemed necessary, applicant requests it cant requests it be held at Florence, Alai be held at Bismarck or Fargo, N. Dak. tive: Warren C. Moberly, 1212 Fletcher Trust Building, Indianapolis, Ind. 46204. or Memphis, Tenn. No. MC 126427 (Sub-No. 7), filed Jan No. MC 129188 (Sub-No. 1), fileJ uary 26, 1968. Applicant: PALMER Authority sought to operate as a contract carrier, by motor vehicle, over irregular January 15, 1968. Applicant: COL-1 TRANSPORTATION, INC., Chester, ORADO AIR CARGO, INC., 3615 Nortlj N.Y. Applicant’s representative: Edward routes, transporting: Machinery; ma chinery parts; mills rolls, iron and steel; Stone, Colorado Springs, Colo. 809071 M. Alfano, 2 West 45th Street, New York, Applicant’s representaive: John RJ N. Y. 10036. Authority sought to operate ingots, iron and steel; carrier shipping, reels, cleaning compounds, and lubri Barry, 1700 Broadway, Suite 2108, Deni as a common carrier, by motor vehicle, ver, Colo. 80202. Authority sought to opl over irregular routes, transporting: Corn cants; refractory products; dolomite; lime and quick lime; ingot bowls and erate as a common carrier, by motor vel syrup and blends thereof, in bulk, in tank hide, over regular routes, transporting! vehicles, from Cortland, N.Y., to points stools; fence posts; iron sand; ferroal loy; hot tops; tin; paint; galvanized fit General commodities, except articles ofl in Pennsylvania. Note: If a hearing is tings; nail galvanizing drums; coal tar unusual value, classes A and B explo deemed necessary, applicant requests it sives, household goods as defined by be held at New York, N.Y. pitch; hoppers; shot, aluminum; dross, aluminum; zinc; lead; acid conditioners; Commission: (1) Irregular routes: Bd No. MC 127505 (Sub-No. 13), filed Jan nails; iron and steel coils; iron and steel tween Colorado City, Pueblo, Puebld uary 22, 1968. Applicant: RALPH rods; trichloroethylene; zinc ammo Ordnance Depot east of Pueblo, Foil BOELK, doing business as R. H. BOELK nium chloride (.sal ammoniac); bail tie Carson, and Colorado Springs, Colo., onj TRUCK LINES, 12Q1 14th Avenue, Men- wire; charcoal; scrap iron and steel; . the one hand, and, on the other, Staple dota, HI. 61342. Authority sought to op graphite; electrodes; boxes and drums; ton International Airport, Denver, Colo erate as a common carrier, by motor paper and fiberboard, from points in on traffic having immediately prior oj vehicle, over irregular routes, transport Iowa, Illinois, Kentucky, Michigan, Mis subsequent out-of-State movement by ing: Face brick, from St. Louis, Mo., to souri, Ohio, Pennsylvania, Tennessee, air; and (2) Regular routes: Betweeij points in Illinois; points in Dane, Virginia, West Virginia, New York, and Colorado City, Colo., and Denver, Colo, Kenosha, Jefferson, Milwaukee, Rock, Wisconsin to Kokomo, Ind., under con from Colorado City, over Colorado High, Racine, Walworth, and Waukesha Coun tract with Continental Steel Corp., way 165, to junction U.S. Highway 85-81 thence northerly over U.S. Highway 8m ties, Wis.; points in Elkhart, Lake, La Kokomo, Ind. Note: If a hearing is Porte, Porter, and St. Joseph Counties, deemed necessary, applicant requests it 87 to Pueblo, Colo., thence along U_b Ind.; and Davenport, Iowa. Note: If a be held at Indianapolis, Ind., or Chicago, Highway 85-87 (Interstate Highway 25) healing is deemed necessary, applicant to Colorado Springs, Colo., thence nortl 111. requests it be held at St. Louis, Mo. on the same numbered highway to junc No. MC 128943 (Sub-No. 1) , filed Jan No. MC 127527 (Sub-No. 3), filed Jan tion U.S. Highway 85-87 (ffiterstatj uary 25, 1968. Applicant: C & T MOV Highway 25), to Denver, Colo., mclumns uary 22, 1968. Applicant: CARL W. REA ING & STORAGE CO., INC., 4331 GAN, doing business as SOUTHEAST Stapleton International Airport, servma Factory Hill, San Antonio, Tex. 78219. all intermediate points and serving J TRUCKING CO., 8372 C. H. 18 East, Applicant’s representative: Charles J. Rural Delivery No. 6, Ravenna, Ohio off-route point of Pueblo Ordnance h i Nichols (same address as applicant). pot on Colorado Highway, 96, apprc® 44266. Applicant’s representative: Robert Authority sought to operate as a com N. Krier, 88 East Broad Street, Colunibus, mately 16 miles east of Pueblo. Not ^ mon carrier, by motor vehicle, over Common control may be involved.. J Ohio 43215. Authority sought to operate irregular routes, transporting: House as a contract carrier, by motor vehicle, hearing is deemed necessary, aPP hold goods, as defined by the Com requests it be held at Pueblo or Colorh'l over irregular routes, transporting: Dock mission, between San Antonio, Tex., levelers, from the plantsite of Terminal on the one hand, and, on the other, points Springs, Colo. J Equipment Corp., Loomis Machine Divi within 50 miles of San Antonio, Tex., re No. MC 129466 (Sub-No. sion, at or near Clare, Mich., to points January 22, 1968. Applicant: UHU, stricted to shipments having a prior or VILLE AND NASHVILLE RRandS, in Ohio on and north of U.S. Highway subsequent movement beyond ¡said points 40, points in Franklin, Muskingum, Mad in containers and further restricted to BOARD COAST LINE , ison, and Clark Counties, Ohio, south of and in connection with packing, crat business as GEORGIA HAILR oqoqj U.S. Highway 40 and points in Fairfield, ing, and containerizing or unpacking, Hunter Street SE., Atlanta, Applicant’s representative: K Jl Perry, and Pickaway Counties, Ohio, and uncrating, or decontainerizing. Note: damaged or rejected shipments, on re Young, 310 Fulton Federal If a hearing is deemed necessary, appli lanta, Ga. 30303. Authority sought to op turn, under continuing contract with cant requests it be held at San Antonio, Timbers & Associates, Inc., Cleveland, Austin, Dallas, or Houston, Tex. erate as a common carrier, Ohio. Note: If a hearing is deemed nec vehicle, over regular routes, transit essary, applicant requests it be held at No. MC 128944 (Sub-No. 3), filed Jan ing: General commodities, monng &^ Columbus or Cleveland, Ohio. uary 10, 1968. Applicant: RELIABLE press service, from Atlanta, 20 TRUCK LINES, INC., 402 Maplewood No., MC 127994 (Sub-No. 1), filed gusta, Ga., over Interstatein w a w » High Higlj7 Avenue, Nashville, Tenn. 37210. Appli and U.S. Highway 278 a n d G e o ^ J l January 23,. 1968. Applicant: JOHN cant’s representative: Clarence Evans, HANLEY, 54 Kuhn Drive, Saddle Brook, way 12, serving the intermediatepo| N.J. Applicant’s representative: Morton 710 Third National Bank Building, Nash of Conyers, Covington, Madiso , E. Kiel, 140 Cedar Street, New York, N.Y. ville, Tenn. 37219. Authority sought to boro, Union Point, C r a w ^ ^ J 10006. Authority sought to operate as a operate as a common carrier, by motor renton, Thomson, and Harlem, G£1 the off-route point of Social Cir 1 contract carrier, by motor vehicle, over vehicle, over regular routes, transport FEDERAL REGISTER, VOL. 33, NO. 27— THURSDAY, FEBRUARY 8, 1968 NOTICES 2743 Note: Applicant states the above-pro issue. Applicant: TANGLEN BROS., Club Building, Fort Worth, Tex. 76102. posed service shall be limited to that INC., Box 18, Crane, Mont. 59217. Au Authority sought to operate as a common which is auxiliary to, or supplemental of thority sought to operate as a common carrier, by motor vehicle, over irregular express service of the Railway Express carrier, by motor vehicle, over irregular routes, transporting: Household goods, Agency. Shipments transported by said routes, transporting: Salt and salt prod as defined by the Commission, between carrier shall be limited to those moving ucts, in bulk, bags, blocks, packages, points within a 30-mile radius of the city on a through bill of lading or express or containers, with or without chemical limits of San Antonio, Tex. Note: If a receipt covering in addition to a motor and other additives or mineral mixtures, hearing is deemed necessary, applicant carrier movement by said carrier, an im from the site of a salt evaporating plant requests it be held at Fort Worth or mediately prior or immediately subse located at Williston, N. Dak., to points Dallas, Tex. quent movement by rail, highway, or air. in Montana. Note: The purpose of this No. MC 129674, filed January 26, 1968. If a hearing is deemed necessary, appli republication is to show the correct Applicant: ADMIRAL STORAGE AND cant requests it be held at Atlanta, Ga., origin point as Williston. N. Dak., in lieu VAN, INC., 3819 Admiral Street, El Paso, or Washington, D.C. of Billings, Mont., as previously pub Tex. 79925. Applicant’s representative: No. MC 129555 (Sub-No. 2), filed Jan lished. If a hearing is deemed necessary, W. Scott Clark, Fort Worth Club Build uary 18, 1968. Applicant: M. C. CLOD- applicant requests it be held at Bis ing, Fort Worth, Tex. 76102. Authority FELTER and JACK M. CLODFELTER, marck, N. Dak., or Billings, Mont. sought to operate as a common carrier, a partnership, doing business as M & J No. MC 129634, filed January 8, 1968. by motor vehicle, over irregular routes, TRUCK SERVICE, 314 West Eighth Applicant: PARKER TRUCK LINE, transporting: Household goods, as de Street, Post Office Box 353, Winfield, INC., Box 143, Route 2, Shannon, Miss. fined by the Commission, between points Kans. 67156. Applicant’s representative: Applicant’s representative: Donald B. in El Paso County, Tex. Note : If a hear C. Zimmerman, 503 Schweiter Building, Morrison, 829 Deposit Guaranty Nation ing is deemed necessary, applicant re Wichita, Kans. 67202. Authority sought al Bank Building, Post Office Box 961, quests it be held at Fort Worth or Dal to operate as a contract carrier, by motor Jackson, Miss. 39205. Authority sought las, Tex. vehicle, over irregular routes, transport to operate as a common carrier, by motor No. MC 129677, filed January 26, 1968. ing: Fiber glass pipe and fittings, be vehicle, over irregular routes, transport Applicant: YOUNG’S TRANSFER & tween points in Kansas, Oklahoma, ing: New furniture, from points within STORAGE, INC., 402 California Avenue, Texas, New Mexico, Illinois, Louisiana, Chickasaw, Itawamba, Lee, Monroe, Pon Bakersfield, Calif. 93304. Authority North Dakota, Wyoming, and Montana, totoc, Prentiss, and Union Counties, sought to operate as a common carrier, under contract with Rock Island Fiber Miss., to points in Alabama, Arkansas, by motor vehicle, over irregular routes, Glass Products, a division of Rock Island Connecticut, Delaware, Florida, Georgia, transporting: Household goods as de Oil & Refining Co., Inc. Note: If a hear Illinois, Indiana, Iowa, Kansas, Ken fined by the Commission, between Bak ing is deemed necessary, applicant re tucky, Louisiana, Maryland, Massachu ersfield, Oildale, East Bakersfield, Edi quests it be held at Wichita or Topeka, setts, Michigan, Mississippi, Missouri, son, Tehachapi, Arvin, Lamont, Gorman, Kans. Nebraska, New Jersey, New York, North New Cuyama, Frazier Park, Maricopa, No. MC 129558 (Sub-No. 2), filed Jan Carolina, Ohio, Oklahoma, Pennsyl Taft, Ford City, Fellows, McKittrick, uary 24, 1968. Applicant: ROY ROSS, vania, South Carolina, Tennessee, Texas, Buttonwillow, Lost Hills, Wasco, McFar doing business as ROY ROSS TRUCK Virginia, West Virginia, and Wisconsin, land, Shafter, Delano, Earlimart, Cor ING COMPANY, Spruce Street Exten and returned shipments on return. Note : coran, and Porterville, Calif. Note: If a sion, Post Office Box 405, Gallipolis, Ohio If a hearing is deemed necessary, appli hearing is deemed necessary, applicant 45631. Applicant’s representative: Elmer cant requests it be held at Memphis, requests it be held at San Francisco or P. Streib, 35 East Seventh Street, Execu Term., or Jackson, Miss. Los Angeles, Calif. tive Building, Cincinnati, Ohio 45202. No. MC 129667 (Sub-No. 1), filed M otor Carriers of Passengers Authority sought to operate as a contract January 26, 1968. Applicant: LONI-JO carrier, by motor vehicle, over irregular TRUCKING CORP., 700 Eastgate Boule No. MC 228 (Sub-No. 63) (Correction), routes, transporting: Bananas and fresh vard South, Garden City, Long Island, filed December 28, 1967, published Fed fruits and vegetables, from Cincinnati, N.Y. 11532. Applicant’s representative: eral R egister issue of January 11, 1968, Ohio, to Ashland, Ky.; Belpre, Cam Robert S. Warshaw, 375 Park Avenue, corrected and republished as corrected, bridge Chesapeake, Chillicothe, and New York, N.Y. 10022. Authority sought this issue. Applicant: HUDSON TRAN Gallipolis, Ohio; Charleston, Hunting- to operate as a contract carrier, by motor SIT LINES, INC., 17 Franklin Turnpike, ton, South Charleston, Kanawha City, vehicle, over irregular routes, transport Mahwah, N.J. Applicant’s representa Oak Hill, Parkersburg, Point Pleasant, tive: Samuel B. Zinder, 160-16 Jamaica ing: Merchandise sold by retail super Avenue, Jamaica, N.Y. 11432. Authority Ravenswood, St. Albans, Smithers, and markets and the equipment and supplies West Huntington, W. Va.; under contract sought to operate as a common carrier, necessary in the operation thereof, (1) by motor vehicle, over regular routes, Wth the Crosset Co., Inc., Cincinnati, between the place of business of Wald- Ohio. Note: If a hearing is deemed transporting: Passengers and their bag baum, Inc. (“Waldbaum’s” ), in the vil gage, and express and newspapers in the necessary, applicant requests it be held lage of Garden City (Nassau County), at Cincinnati or Gallipolis, Ohio. same vehicle with passengers, between N.Y., and Waldbaum’s retail super Poughkeepsie, and Fishkill, N.Y., over No. MC 129584 (Sub-No. 2), filed Jan- market stores in New Jersey; (2) between X V 6’ 1968. Applicant: HENRY T. U.S. Highway 9, serving no intermediate Waldbaum’s retail supermarket stores in points. Note : The purpose of this repub JR-> doing business as H. T. New Jersey and Waldbaum’s retail super FARMER TRUCKING, 5100 Rayburn lication is to delete * * * “as an alter market stores in New York; and (3) be nate route for operating convenience unve, Washington, D.C. 20031. Appli tween Waldbaum’s warehouse in Garden e s representative: Paul F. Sullivan, only,” as previously published. If a hear City (Nassau County), N.Y., and ware ing is deemed necessary, applicant did wur CTolorado Building, 1341 G Street house of Waldbaum’s suppliers in New ^-Washington, D.C. 20005. Authority not specify a location. York and New Jersey, on the one hand, No. MC 3647 (Sub-No. 401), filed Jan hv °Perate as a common carrier, and, on the other, Waldbaum’s retail y motor vehicle, over irregular routes, uary 29,1968. Applicant: PUBLIC SERV supermarket stores in New York and New ICE COORDINATED TRANSPORT, a ansporting; Stone dust and crushed Jersey, under contract with Waldbaum’s. ~ ne> m bulk, in dump vehicles, from corporation, 180 Boyden Avenue, Maple Note : If a hearing is deemed necessary, wood, N.J. 07040. Applicant’s representa pmC°^Uan’ Va- Points in Charles applicant requests it be held at New tive: Richard Fryling (same address as dpa Note: H a hearing is York, N.Y. applicant). Authority sought to operate necessary, applicant requests it No. MC 129673, filed January 26, 1968. held at Washington, D.C. as a common carrier, by motor vehicle, Applicant: SOUTHERN MOVING & over irregular routes, transporting: Pas To«?' 129630 (Correction), filed STORAGE CO., a corporation, 3232 Pan sengers and their baggage in the same R„„Uary 8, 1968, published F ederal Am Expressway North, Box 8100, San vehicle with passengers, in special oper ¿ 2 2 * « issue of February 1, 1968, cor- Antonio, Tex. 78201. Applicant’s repre ations, in round-trip sightseeing and • ted and republished as corrected, this sentative: W. Scott Clark, Fort Worth pleasure tours, beginning and ending at FEDERAL REGISTER, VOL. 33, NO. 27— THURSDAY, FEBRUARY 8, 1968 2744 NOTICES Newark, N.J., and extending to Rouses points on the route from Battle Creek, Bernardino Counties, Calif, to port of Point, N.Y., and points within 25 miles Mich., over Michigan Highways 89 and entry on the international boundary line thereof, including the ports of entry 96 to Kalamazoo, Mich., via Camp Custer between the United States and Mexico on the international boundary line be and Galesburg, Mich., and all termini located at San Ysidro, Calif., under con-1 tween the United States and Canada. on the above-described routes (A 1 tracts with Envases de Eensenada, S.A., Note: If a hearing is deemed necessary, through 9) are included as origin points; and Fabricas Monterrey, S.A., Ensenada! applicant requests it be held at Newark, and (B) beginning and ending at Ches- B.C. Mexico. N.J. aning, Swartz Creek, Durand, Corunna, By the Commission. No. MC 2661 (Sub-No. 14), filed Jan and Marshall Mich, and (c) beginning uary 25, 1968. Applicant: INDIAN and ending at points in Genesee, Sagi I seal] H. Neil G arson, TRAILS INCORPORATED, 109 East naw, Tuscola, Sanilac, and Huron Coun Secretary. Comstock Street, Owosso, Mich. 48867. ties, Mich., and extending to points in the [FH. Doc. 68-1456; Filed, F e b . 7, 1968; Applicant’s representative: S. Harrison United States, including Alaska (but ex 8:45 a.m.] Kahn, Suite 733, Investment Building, cluding Hawaii), in connection with Washington, D.C. 20005. Authority (A, B, and C) above. Note: Applicant sought to operate as a common carrier, states that no duplicating authority is FOURTH SECTION APPLICATIONS FOR by motor vehicle, over irregular routes, sought. If a hearing is deemed necessary, RELIEF applicant requests it be held at Lansing, transporting: Passengers and their bag F ebruary 5, 1968. gage in the same vehicle with passengers Mich. in round-trip sightseeing and pleasure No. MC 129533 (Sub-No. 2), filed Protests to the granting of an applica tours, in special operations, (A) begin January 26, 1968. Applicant: NATCHEZ tion must be prepared in accordance with I ning and ending at all points on appli TRANSIT LINES, INC., No. 3 South Rule 1100.40 of the general rules of prac- cant’s regular routes in the State of Circle, Natchez, Miss. 39120. Applicant’s tice (49 CFR 1100.40) and filed within Michigan; (1) all points on the route representative: Fred J. Hawkins (same 15 days from the date of publication of from the junction of Michigan Highway address as applicant). Authority sought this notice in the Federal R egister. 53 with the Wayne County line, over to operate as a common carrier, by motor Long-and-S hort Haul Michigan Highway 53 to junction with vehicle, over regular and irregular routes. (1) Over regular routes: Passengers, FSA No. 41225—Class and commodity I the Sanilac County line, (2) all points rates between points in Texas. Filed by j on the route from the junction of M ich-» their baggage, express, mail, and news papers in the same vehicle with pas Texas-Louisiana Freight Bureau, agent igan Highway 25 with the Tuscola (No. 608), for interested rail carriers ! County line, over Michigan'Highway 25 sengers, between Natchez and Hatties burg, Miss., from Natchez over U.S. High Rates on property moving on class and to junction UH. Highway 23, thence over commodity rates for account of Texas U.S. Highway 23 to junction with the ways 61 and 84 to Washington, thence Central Railroad Co., also specified com Saginaw County line, (3) all points on over U.S. Highway 84 to Prentiss, thence modities named in the application, in the route from the junction of Michigan over Mississippi Highway 42 to junction carloads and tank carloads, between! Highway 78 with the Genesee County Mississippi Highways 42 and 44, thence points in Texas, over interstate routes line, over Michigan Highway 78, via over Mississippi Highway 42 to junction U.S. Highway 49 thence south on U.S. through adjoining States. Perry and Charlotte, Miclw to Battle Grounds for relief—Intrastate rates! Creek, Mich., and thence over the Red Highway 49 to Hattiesburg, Miss., and return over the same route. (2) Over and maintenance of rates from and to Arrow Memorial Highway (formerly points in other States not subject to the | designated U.S. Highway 12) via Kala irregular routes: In charter operations mazoo, Benton Harbor, and St. Joseph, from points on the routes described in same competition. (1) above, extending to points in the Tariff—Supplement 74 to Texas-Loui-j Mich., to the Michigan-Indiana State siana Freight Bureau, agent, tariff! line, (4) all points on the route from the United States (excluding Hawaii). Note: junction Michigan Highway 78 and U.S. If a hearing is deemed necessary, appli ICC 998. cant requests it be held at Brookhaven FSA No. 41227—Clay, kaolin, or pj/ro- Highway 27,1 mile east of Charlotte, over phyllite to Danville, III. Filed by O. W.j UH. Highway 27 to junction with Inter or Natchez, Miss. South, Jr., agent (No. A5079), for inter state Highway 94, thence over Inter A pplications in W hich Handling W ith ested rail carriers. Rates on clay, kaohn,j state Highway 94 and Michigan Highway out O ral H earing H as B een R equested or pyrophyllite, also clay and water I 239 to junction with the Michigan- mixed, and processed clay, in carloads, j Indiana State line. No. MC 129609 (Sub-No. 1), filed January 24, 1968. Applicant: KEN from Letohatchie, Ala., to Danville, D.j (5) All points on the route from the Grounds for r e lie f— Market competi-j junction of Michigan Highway 21 with WOOD’S MOVING & STORAGE, INC., 48% Waterhouse Street, Plattsburgh, tion. . the Genesee County line, over Michigan Tariff—Supplement 7 to S o u th e rn j Highway 21 to St. Johns, Mich., thence N.Y. 12901. Applicant’s representative: Alinn Altman, 1776 Broadway, New Freight Association, agent, tariff it- 1 over U.S. Highway 27 to junction Michi S-751. . A gan Highway 78 within the city of York, N.Y. 10019. Authority sought to FSA No. 41228—Chlorine to Kmgspon, j Lansing, Mich., (6) all points on the operate as a common carrier, by motor Tenn. Filed by O. W. South, Jr., agen route from the junction of Michigan vehicle, over irregular routes, transport ing: Household goods, as defined by the (No. A5080), for and on behalf of Somn-l Highway 47 with the Saginaw County em Railway Co. Rates on chlorine, Commission, between Plattsburgh, N.Y., line just south of Oakley, Mich., over tank carloads, from Le M o y n e andwe on the one hand, and, on the other, Michigan Highway 47, through Owosso, stone Arsenal, Ala., to Kingsport, 1 , ' | to junction of Michigan Highways 47 and points in Clinton, Essex, and Franklin Grounds for relief—Market compe j 78, at Perry, Mich., (7) all points on the Counties, N.Y., restricted to shipments route from the junction of Michigan having an immediately prior or subse °Tariff—Supplement 98 to Southern! Highway 13 and the Saginaw County quent line-haul movement by rail or Freight Association, agent, tariff j motor. line, over Michigan Highway 13 to junc S-600. No. MC 129610 (Sub-No. 1), filed tion Michigan Highway 78, (8) all points Aggregate- of-I ntermediates on the route from the junction of Michi January 22, 1968. Applicant: MANUEL gan Highway 40 and the Red Arrow MARIN, Calle 7A No. 752, Ensenada, Ba FSA No. 41226—Class and Memorial Highway (formerly designated ja, California, Mexico. Applicant’s rep rates between points in Texas. File U.S. Highway 12), approximately 4 miles resentative: Donald Murchison, 211 Texas-Louisiana Freight Bureau, 8 j west of Paw Paw, Mich., thence over South Beverly Drive, Beverly Hills, Calif. (No. 609), for interested rail can • Michigan Highway 40, through Dowagiac, 90212. Authority sought to operate as a Rates on property moving on aS Mich., to junction U.S. Highway 31, contract carrier, by motor vehicle, over commodity rates for account oi I within tire city of Niles, Mich., thence irregular routes, transporting: Tin plate Central Railroad Co., also other ^ j over U.S. Highway 31 to junction with and fiber containers, from points in Los modifies named in the applies ’ the Michigan-Indiana State line, (9) all Angeles, Riverside, Orange, and San carloads and tank carloads, b 1 FEDERAL REGISTER, VOL. 33, NO. 27— -THURSDAY, FEBRUARY 8, 1968 NOTICES 2745 points in Texas, over interstate routes No. MC 59856 (Sub-No. 27 TA ), filed Hughes, District Supervisor, Bureau of through adjoining States, January 29, 1968. Applicant: SALT Operations, Interstate Commerce Com Grounds for relief—Maintenance of CREEK FREIGHTWAYS, Post Office mission, 1125 Federal Building, Balti depressed rates published to meet intra Box 1411, 408 Industrial Avenue, Casper, more, Md. 21201. Note: The purpose of state competition without use of such Wyo. 82601. Applicant’s representative: this republication is to show that the ap rates as factors in constructing combina Ward A. White, Post Office Box 568, plication has been amended to reflect tion rates. Cheyenne, Wyo. 82001. Authority sought Fort Pierce, Fla., in lieu of Highland City, Taxi®—Supplement 74 to Texas-Ldui- to operate as a common carrier, by mo Fla., as the origin point. - siana Freight Bureau, agent, tariff ICC tor vehicle, over regular routes, trans No. MC 116077 (Sub-No, 232 T A ), filed 998. porting: General commodities (except January 29, 1968. Applicant: ROBERT those of unusual value, household goods By the Commission. SON TANK LINES, INC., 5700 Polk Ave as defined by the Commission, livestock, nue, Post Office Box 9527, ZIP 77011, [seal] H. Neil G arson, commodities in bulk, and those requiring Houston, Tex. 77023. Applicant’s repre Secretary. special equipment), from Rock Springs, sentative: J. C. Browder (same address [F.R. Doc. 68-1555; Filed, Feb. 7, 1968; Wyo., to Evanston, Wyo., from Rock as above). Authority sought to operate 8:46 a.m.] Springs over U.S. Highway 30/Interstate as a common carrier, by motor vehicle, Highway 80 to junction approximately 2 over irregular routes, transporting: Fer [Notice 541] miles west of Little America and thence tilizer, fertilizer materials, and blends over U.S. Highway 30S/Interstate High thereof, in bags and containers, from MOTOR CARRIER TEMPORARY way 80 to Evanston and return over the points in Hunt County, Tex., and Hous AUTHORITY APPLICATIONS same route. Restriction: Service is to be ton, Tex., to points in Arizona, Arkan restricted to movement of traffic destined sas, Colorado, Kansas, Louisiana, Mis F ebruary 2, 1968. to or originating at points in Wyoming, The following are notices of filing of sissippi, Missouri, New Mexico, Nebras for 180 days. Note: Applicant intends to ka, and Oklahoma, for 180 days. Sup applications for temporary authority un tack with its authority in MC-59856 Sub der section 210a(a) of the Interstate porting shipper: Occidental Chemical 23TA at Rock Springs; will possibly in Co., Post Office Box 1185, Houston, Tex. Commerce Act provided for under the terline with other carriers at Rock new rules of Ex Parte No. MC 67 (49 77001. Send protests to: District Super Springs and Evanston, Wyo. Supporting visor, John C. Redus, Interstate Com CFR Part 340) published in the F ederal shippers: The Blyth & Fargo Co., Evans merce Commission, Bureau of Opera Register, issue of April 27,1965, effective ton, Wyo. 82930; Lyman Mercantile, Ly tions, Post Office Box 61212, Houston, July 1, 1965. These rules provide that man, Wyo. 82937; Cazin & Houtz, Post Tex. 77061. protests to the granting of an applica Office Box 162, Evanston, Wyo. 82930; No. MC 127772 (Sub-No. 3 T A ), filed tion must be filed with the field official Ballinger Clothing Co., Evanston, Wyo. January 29, 1968. Applicant: TIROD named in the Federal R egister publica 82930. Send protests to: Paul A. Naugh- CORPORATION, 17-25 Varick Street, tion, within 15 calendar days after the ton, District Supervisor, Interstate Com date of notice of the filing of the appli New York, N.Y. 10013. Applicant’s rep merce Commission, Bureau of Opera resentative: Charles W. Singer, 33 North cation is published in the F ederal R egis tions, D&S Building, 255 North Center Dearborn Street, Chicago, 111. Authority ter. One copy of such protest must be Street, Casper, Wyo. 82601. sought to operate as a contract carrier, served on the applicant, or its authorized No. MC 95876 (Sub-No. 80 T A ), filed by motor vehicle, over irregular routes, representative, if any, and the protests January 29, 1968. Applicant: ANDER transporting: (1) Advertising material must certify that such service has been SON TRUCKING SERVICE, INC., 203 and premiums, (2) office equipment and made. The protests must be specific as Cooper Avenue North, Post Office Box supplies, (3) saddles, and (4) toys, from to the service which such protestant can 844, St. Cloud, Minn. 56301. Applicant’s New York, N.Y,, to points in Ohio, Michi and will offer, and must consist of a representative: Eugene L. Cannon (same gan, Illinois, Indiana, Missouri, Ken signed original and six copies. address as above). Authority sought to tucky, Virginia (except Norfolk and A copy of the application is on file, and operate as a common carrier, by motor points within 20 miles thereof, Alexan csm be examined at the Office of the vehicle, over irregular routes, transport dria and points in Accomack, Arlington, Secretary, Interstate Commerce Com ing: Wood fencing set up or knocked Fairfax, and Northampton Counties, mission, Washington, D.C., and also in down, or unassembled, wood posts, wood and points on and north of U.S. High the field office to which protests are to rails, and accessories used in the instal ways 50), West Virginia, Wisconsin, he transmitted. lation thereof, from Littlefork, Minn., to Minnesota, Iowa, and that portion of Motor Carriers of Property points in Delaware, Maryland, New Jer Pennsylvania west of U.S. Highway 15, sey, Virginia, and Washington, D.C., for not including points on said highway. No. MC 50062 (Sub-No. 58 T A ), filed 180 days. Supporting shipper: Green ™ *ry 29, 1968. Applicant: T. CLAR Restriction: Service is to be performed Forest, Inc., Littlefork, Minn. 56653. Send under contract with Atlanta Trading ICE BRIDGE AND HENRY W. protests to: C. H. Bergquist, District Corp., for 150 days. Supporting shipper: doing business as BRIDGE Supervisor, Bureau of Operations, 448 Atlanta Trading Coip., 17-25 Varick BP^HERS, Post Office Box 929, Bridge Federal Building and U.S. Courthouse, «^Anderson Station, Lamar, Colo. Street, New York, N.Y. Send protests to 110 South Fourth Street, Minneapolis, Paul W. Assenza, District Supervisor, In Applicant’s representative: C. Minn. 55401. mmerman, 503 Schweiter Building, terstate Commerce Oommisison, Bureau No. MC 109708 (Sub-No. 45 TA) of Operations, 346 Broadway, New York, wichita, Kans. 67202. Authority sought N.Y. 10013. operate as a common carrier, by mo- (Amendment), filed January 12, 1968, r vehicle, over irregular routes, trans- published Federal R egister, issue of No. MC 129675 TA, filed January 29, January 20, 1968, and republished as 1968. Applicant: CHEESE EXPRESS, fpw!!!1®'. fertilizer a,nd fertilizer ma amended this issue. Applicant: ERVIN J. INC., 6815 West 98th Street, Shawnee in mu m and *n bags, from points KRAMER, doing business as MARY Mission, Kans. 66212. Applicant’s rep wav« raska on and south of U.S. High- LAND TANK TRANSPORTATION CO., resentative: John E. Jandera, 641 Har 14 n 0n and west °f Nebraska Highway 1559 Levering Avenue, Elkridge, Md. rison Street, Topeka, Kans. 66603. Au > n and north of Nebraska Highway thority sought to operate as a contract and east of U.S. Highway 281 to 21227. Applicant’s representative: Charles E. Creager, Post Office Box 81, carrier, by motor vehicle, over irregular knta *i1_S'cdorado, Wyoming, South Da- Winchester, Va. 22601. Authority sought routes, transporting: (1) Dairy products, Mi Dakota, Minnesota, Iowa, to operate as a common carrier, by motor as defined in Motor Carrier Certificates,. ¡ S w ' and Kansas, for 180 days. Sup- 61 M.C.C. 209 as amended 61 M.C.C. 766; In,, -a shh>per: Cominco American, vehicle, over irregular routes, transport ing: Fresh citrus juices, in bulk, from (2) dairy products, the transportation of £ 1S°mxTStead Plant' Route 1, Box 186, which is partially exempt from economic 68310. Send protests to: Fort Pierce, Fla., to Frederick, Md., for 180 days. Supporting shipper: Capitol regulation under section 203(b) (c) when FediSi Supervisor H. C. Ruoff, 2022 moving at the same time and in the Denvi funding, 1961 Stout Street, Milk Producers Cooperative, Inc., Fred ^nver, Colo. 80202. same vehicle -with commodities in (1) erick, Md. Send protests to: William L. above, from Alma and Bogue, Kans., to FEDERAL REGISTER, VOL. 33, NO. 27— THURSDAY, FEBRUARY 8, 1968- 2746 NOTICES points in Missouri. Also, from Tescott order in that proceeding pending its dis hold goods as defined by the Commission] and Atwood, Kans., to points in Colorado, position. The matters relied upon by commodities in bulk, and those requiring New Mexico, Utah, California, Arizona, petitioners must be specified in their special equipment, between points in and Missouri; (3) whey, from Milan and petitions with particularity. Cuyahoga County, Ohio, and, household Trenton, Mo., to Marshalltown, Iowa, No. MC-FC-70210. By order of Jan goods, as defined by the Commission, be-| and Dundee, 111.; (4) materials, supplies, uary 31, 1968, the Transfer Board ap tween points in Cuyahoga County, Ohio! and equipment used in the manufacture proved the transfer to Lloyds Moving on the one hand, and, on the other! of dairy products, from points in Mis- Co., Inc., Philadelphia, Pa., of the operat points in Illinois, Indiana, Michigan! siouri, to Alma, Bogue, Tescott, and At ing rights in certificate No. MC-6198, Missouri, New York, New Jersey, Ohio! wood, Kans., under contract with, issued September 10,1940, to Isaac Lloyd, Pennsylvania, West Virginia, and the! Dwight-Alma Dairy Products, Inc., Tes doing business as Lloyd’s Express, Phil District of Columbia, Ambrose A. Such! cott Cheese Co., Inc., Bogue Cheese Co., adelphia, Pa.', authorizing the transpor 5275 Ridge Road, Cleveland, Ohio 441291 Inc., and Trenton Milk Co., Inc., for tation, over irregular routes, of house practitioner for applicants. 180 days. Supporting shippers-: Dwight- hold goods, between Philadelphia, Pa., No. MC-FC-70226. By order of JanuJ Alma Dairy Products, Inc.; Tescott on tiie one hand, and, on the other, ary 31, 1968, the Transfer Board ap-I Cheese Co., Inc., Tescott, Kans. 67484; points in New York, New Jersey, Dela proved the transfer to Rogers Freight &| Bogue Cheese Co., Inc., Bogue, Kans. ware, Maryland, and the District of Co Trucking Service, Inc., Oak Bluffs, Massl 67625; Atwood Cheese Co., Inc., Atwood, lumbia. Raymond A. Thistle, Jr., Suite of certificate in No. MC-97776 (Sub-Nol Kans. 67730; Sullivan County Cheese Co., 1710, 1500 Walnut Street, Philadelphia, 1), issued June 28, 1951, to Everett Al Inc., Milan, Mo. 63556; Trenton Milk Co,, Pa. 19102, attorney for applicants. Rogers, doing business as Rogers Freight Trenton, Mo. 64683. Send protests to: No. MC-FC-70215. By order of Janu & Trucking Service, Oak Bluffs, Mass.1 H. J. Simmons, District Supervisor, In ary 31, 1968, the Transfer Board ap authorizing the transportation of gen! terstate Commerce Commission, Bureau proved the transfer to Schoon Trucking, eral commodities with the usual excepl of Operations, 1100 Federal Office Build Inc., Munster, Ind., of the operating tions, between specified points on the! ing, Kansas City, Mo. 64106. rights in certificate No. MC-100659, Island of Martha’s Vineyard, and, house! hold goods, between points on the Island By the Commission. issued October 11, 1956, to Norman Richard Schoon, doing business as of Martha’s Vineyard, Mass., on the one! { seal! H. Neil G arson, Schoon Trucking, Munster, Ind., author hand, and, on the other, New Bedford Secretary. izing the transportation, over irregular and Woods Hole, Mass., and points inj [F.R. Doc. 68-1556; Filed, Feb. 7, 1968; routes, of such commodities, as are Connecticut, New Jersey, New York, and 8:46 a.m.] transported in dump-truck equipment, Rhode Island. George C. O’Brien, 33! which can be unloaded by dumping, be Broad Street, Boston, Mass. 02109J attorney for applicants. [Notice 85] tween points in Cook, Will, Kankakee, Iroquois, and Vermilion Counties, HI., No. MC—FC-70228. By order of January MOTOR CARRIER TRANSFER on the one hand, and, on the other, 31, 1968, the Transfer Board approved PROCEEDINGS points in Lake, Porter, Jasper, Newton, the transfer to Chev Trucking, IncJ Benton, and Warren Counties, Ind. Wanatah, Ind., of certificates Nos. MC-j * F ebruary 5, 1968. Charles W. Singer, 33 North Dearborn 125232 and MC-125232 (Sub-No. 2)1 Synopses of orders entered pursuant to Street, Chicago, 111. 60602, attorney for issued January 3,1964 and November 13,j section 212(b) of the Interstate Com applicants. 1967, respectively, to Charles Myer, do-1 merce Act, and rules and regulations pre No. MC-FC-70217. By order of Janu ing business as C & E Trucking! scribed thereunder (49 CFR Part 279), ary 31, 1968, the Transfer Board ap Wanatah, Ind., authorizing the transj appear below: proved the transfer to Roush & De Nardy portation of lumber and building As provided in the Commission’s spe Trucking, Inc., doing business as Parma materials (except commodities in bulk)! Movers, Cleveland, Ohio, of the operating from specified points in Indiana tel cial rules of practice any interested specified points in Illinois and Michigan! person may file a petition seeking recon rights in certificate No. MC-124714 issued January 17, 1963, to Lawrence H. Warren C. Moberly, 1212 Fletcher TrusU sideration of the following numbered Roush and Joseph M. De Nardy, a Building, Indianapolis, Ind. 46203, at! proceedings within 20 days from the date partnership, doing business as Roush & torney for applicants. of publication of this notice. Pursuant De Nardy Trucking, Cleveland, Ohio, [ seal] H. Neil Garson, to section 17(8) of the Interstate Com authorizing the transportation of general Secretary. I merce Act, the filing of such a petition commodities, except those of unusual [F.R. Doc. 68-1557; Filed, Feb. 7, 1968l will postpone the effective date of the value, classes A and B explosives, house 8:46 a.m.] FEDERAL REGISTER, VOL. 33, NO. 27— THURSDAY, FEBRUARY 8, 1968 FEDERAL REGISTER 2747 CUMULATIVE LIST OF PARTS AFFECTED— FEBRUARY The following numerical guide is a list of the parts of each title of the Code of Federal Regulations affected by documents published to date during February. 3 CFR page 12 CFR—Continued Page 26 CFR—Continued Page Proclamations: 555------2706 Proposed R ules—Continued 3814 (see EO 11394)______2429 563------2707 194------2517 3824 ______;______2495 Proposed R ules: 200------2517 3825 ______2623 204------2532 201------2517 Executive Orders: 221------2714 250 ------2517 10713 (amended by EO 11395) _ 2561 561------2453 251 ------2517 11010 (see EO 11395)______2561 11263 (see EO 11395) ______2561 14 CFR 2 7 CFR 11394 ______2429 39------2503, 2504, 2626, 2709 5------2511 11395 ______2561 71------2440, 2504-2506, 2627-2630 11396 _ 2689 73------2440, 2506 28 CFR 75------2506 50------2442 5 CFR 97------2507, 2594 213------2497, 2563 121------2440 3 0 CFR 771------2625 241_------2710 Proposed R ules: 1300____;______'______2 4 8 4 P roposed R ules: 12------2448 25______2712 7 CFR 39------2531, 2639, 2712 32 CFR 16...... ___ 2497 71------2531, 2639-2641 236------2565 51______2431, 2500 77------2642 239------2565 5 2 ...... ___ 2500 504------2443 58______2432 17 CFR 888------2606 724______2433-2435 200------2631 777______2707 240------2510 3 3 CFR 811.______2436 Proposed R ules: 110------2446 857______2593 240------2714 891______2503 249------2714 3 9 CFR 907______2437, 2708 250_------2642 Ch. I ______2636 910______2563, 2593 274______2716 912 ______2563 P roposed R ules: 913 __ ___ 2564 18 CFR Ch. I______2638 917______2564 947______2503 620------2632 4 3 CFR 1062______2437 19 CFR 1064______2438 2240______2511 1073______2438 16— ------2633 Public Land O rder: 1 0 9 4 .. . . ___ 2438 4350______2445 1103.___ 2439 20 CFR 1106______2439 404 ------2710, 2711 45 CFR 1 1 2 6 .. ___ 2439 405 ------2440 1137.___ 301 ______2567' ___ 2503 302 ------2567 1421______m i n i ___ 2564 21 CFR Proposed R ules: Proposed R ules: 2------2594 85------2569 52 ______2608 17------2594 9 08_____ 2569 19------2595 9 11______2524 27------2595 4 6 CFR 915___ 2524 51------2597 P roposed R ules: 9 53_____ 2524 120—------2441 Ch. II______2531 96 6 ______2526 121------2441, 2602, 2605, 2633 99 1 ___ 2712 144 ------2633 4 7 CFR 99 3 ___ 2638 145 ------2634 1051___ 2448 148m______2635 0------2445 1133______I 2448 148w______2634 73------2445 166------2442, 2511 Proposed R ules: 9 CFR Proposed R ules: 0------2713 76___ 2625 27------2610 21------J_____ 2610 78_____ i m m 2625 144------2451 64------2452 73------2452 10 CFR 23 CFR 97------2713 i— 2691 255------2442 4 9 CFR '2 CFR 26 CFR 1041------2711 207. 2691 Proposed R ules: 220. 221. 2695 173------2517 5 0 CFR 2702 175------2517 33------2711 KNOW YOUR GOVERNMENT UmSm Government Organization M anual 1967-1968 Presents essential information about Government agen-* cies (updated and republished annually). Describes the creation and authority, organization, and functions of the agencies in the legislative, judicial, and executive branches. This handbook is an indispensable reference tool for teachers, librarians, scholars, lawyers, and businessmen who need current official information about the U.S. Government. The United States Government Organization Manual is the official guide to the functions of the Federal Govern • m ent $ 6 ) 0 0 w per copy* Paperbound, with charts 'Order from Superintendent of Documents, U.S. Government Printing Office, Washington, D.C. 20402.