F e d e r a l R e s e r v e B a n k OF DALLAS WILLIAM H. W ALLACE FIRST VICE PRESIDENT DALLAS, TEXAS 75222 May 9, 1986 Circular 86-47 TO: The Chief Executive Officer of all member banks and others concerned in the Eleventh Federal Reserve District SUBJECT Over-the-Counter (OTC) Margin Stocks DETAILS The Board of Governors of the Federal Reserve System has published the May 13, 1986, list of over-the-counter stocks that are subject to its margin regulations. The attached listing supersedes the list published as of February 11, 1986. ATTACHMENTS The new list of marginable OTC stocks is attached. MORE INFORMATION For further information regarding marginable OTC stock requirements, please contact Sharon Sweeney of this bank's Legal Department at (214) 651-6228. Sincerely yours, For additional copies of any circular please contact the Public Affairs Department at (214) 651-6289. Banks and others are encouraged to use the following incoming WATS numbers in contacting this Bank (800) 442-7140 (intrastate) and (800) 527-9200 (interstate). This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library ([email protected]) LIST OF MARGINABLE OTC STOCKS AS OF MAY 13, 1986 This List of Marginable OTC Stocks is published quarterly by the Board of Governors of the Federal Reserve System (the Board) as a guide for lenders subject to the regulations and for the general public. It is comprised of stocks traded over-the-counter (OTC) that have been determined by the Board to be subject to margin requirements as of May 13,1986, pursuant to Section 207.6 of Federal Reserve Regulation G, “ Securities Credit by Persons other than Banks, Brokers, or Dealers,” Section 220.17 of Regulation T, “ Credit by Brokers and Dealers,” and Section 221.7 of Regulation U, “ Credit by Banks for the Purpose of Purchasing or Carry­ ing Margin Stocks.” It also includes all securities qualified for trading in Tier 1 of the national market system (NMS) through May 13,1986 and those in Tier 2 through April 15,1986. Addi­ tional NMS securities may be added in the interim between publications and are immediately marginable upon designation as an NMS security. The names of these securities are avail­ able at the Board and at the Securities and Exchange Commission. This List supersedes the previous List published as of February 11, 1986. CAUTION: It is unlawful for any person to cause any representation to be made that inclu­ sion of a security on this List indicates that the Board or the Securities and Exchange Com­ mission has in any way approved such security or transaction therein. Also, any reference to the Board in connection with this List or any securities thereon in an advertisement or similar communication is unlawful. Any inquiry relating to this List or to Regulations G, T, U or X should be addressed to the nearest Federal Reserve Bank. (Prepared for Purposes o! Regulations G, T, U and X) BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM WASHINGTON, D.C. A & M FOOD SERVICES, INC. ACTMEDIA, INC. AIR CARGO EQUIPMENT CORPORATION $.01 par common $.01 par common $1.00 par common ABS INDUSTRIES, INC. ADAC LABORATORIES AIR MIDWEST, INC. No par common No par common No par common ACA JOE ADAGE, INC. AIR WIS SERVICES, INC. $.10 par common $.10 par common $.10 par common ADC TELECOMMUNICATIONS, INC. ADDISON-WESLEY PUBLISHING COMPANY, tAKTIEBOLAGET SKF $.20 par common INC. American Depository Receipts Class B, no par common (SeK 50 per share) ADMAC INC. $.01 par common ADIA SERVICES, INC. ALABAMA FEDERAL SAVINGS & $.25 par common LOAN ASSOCIATION AEC, INCORPORATED $.01 par common $1.00 par common ADVANCE CIRCUITS, INC $.10 par common ALAMO SAVINGS ASSOCIATION OF TEXAS AEL INDUSTRIES, INC. $1.50 par capital Class A, $1.00 par common ADVANCE ROSS CORPORATION $.10 par common ALASKA BANCORPORATION AFP IMAGING CORPORATION $.01 par common $.01 par common ADVANCED COMPUTER TECHNIQUES CORPORATION ALASKA MUTUAL BANCORPORATION ALC COMMUNICATIONS CORPORATION $.10 par common $.01 par common $5.00 par common ADVANCED GENETIC SCIENCES, INC. ALASKA NATIONAL BANK OF AM CABLE TV INDUSTRIES, INC. $.01 par common THE NORTH $.10 par common $2.00 par common ADVANCED SEMICONDUCTOR MATERIALS ARC INTERNATIONAL CORPORATION INTERNATIONAL N.V. ALATENN RESOURCES, INC. No par common Dfls $.03 par share $1.00 par common AST RESEARCH, INC. ADVANCED TELECOMMUNICATIONS ALCO HEALTH SERVICES CORPORATION No par common CORPORATION $.01 par common $.02 par common A. T. & E. CORPORATION $.01 par common ADVANCED TOBACCO PRODUCTS, INC. tALEX. BROWN INCORPORATED $.01 par common $.10 par common ATE ENTERPRISES, INC. $1.00 par common AEGON N. V. ALEXANDER & BALDWIN, INC. Ordinary Shares, Df1. 5 No par common AARON RENTS, INC. nominal value $1.00 par common ALFIN FRAGRANCES, INC. AEQUITRON MEDICAL, INC. $.01 par common ABRAMS INDUSTRIES, INC. $.01 par common $1.00 par common ALGOREX CORPORATION AERO SERVICES INTERNATIONAL, INC. $.01 par common ACADEMY INSURANCE GROUP, INC. No par common $.10 par common ALICO, INC. AERO SYSTEMS, INC. $1.00 par common $.02 par common ACCELERATION CORPORATION *ALL AMERICAN GOURMET COMPANY $.10 par common AFFILIATED BANK CORPORATION OF $.10 par common WYOMING ACCURAY CORPORATION $1.00 par common ALLEGHENY & WESTERN ENERGY CORPORATION $1.00 par common $.01 par common AFFILIATED BANKSHARES OF COLORADO, ACETO CORPORATION INC. ALLEGHENY BEVERAGE CORPORATION $.01 par common $5.00 par common $1.00 par common ACMAT CORPORATION AGENCY RENT-A-CAR, INC. ALLEN ORGAN COMPANY No par common $.05 par common Class B, $1.00 par common ACRO ENERGY CORPORATION AGNICO-EAGLE MINES LIMITED ALLIED BANCSHARES, INC. No par common No par common $1.00 par common ACTIVISION, INC. *AID CORPORATION ALLIED CAPITAL CORPORATION No par common No par common $1.00 par common Addition to List under Board criteria Addition to Ltet under NMS designation ALLIED RESEARCH ASSOCIATES, INC. AMERICAN CITY BUSINESS JOURNALS, INC. AMERICAN MANAGEMENT SYSTEMS, INC. $.10 par common $.01 par common $.01 par common AMERICAN CONTINENTAL CORPORATION AMERICAN MEDCENTERS, INC. ALLY & GARGANO, INC. $.01 par common $.001 par common $1.00 par common AMERICAN ECOLOGY CORPORATION AMERICAN MEDICAL SERVICES, INC. ALO-SCHERER HEALTHCARE, INC. No par common, $1.00 $.10 par common $.01 par common stated value AMERICAN METALS SERVICE, INC. ALPHA MICROSYSTEMS AMERICAN EDUCATIONAL COMPUTER, INC. $.01 par common No par common $.01 par common AMERICAN MIDLAND CORP. ALTERNACARE CORPORATION AMERICAN EXPLORATION COMPANY $.50 par common $.05 par common $.05 par common AMERICAN NATIONAL HOLDING COMPANY ALTOS COMPUTER SYSTEMS AMERICAN FEDERAL SAVINGS AND $5.00 par common No par common LOAN ASSOCIATION OF COLORADO $.01 par common AMERICAN NATIONAL INSURANCE ALTRON INCORPORATED COMPANY $.05 par common AMERICAN FILTRONA CORPORATION $1.00 par common $1.00 par common AMCAST INDUSTRIAL CORPORATION tAMERICAN NUCLEAR CORPORATION No par common AMERICAN FIRST CORPORATION (Oklahoma) $.04 par common $1.00 par common AMCOLE ENERGY CORPORATION tAMERICAN NUCLEONICS CORPORATION $.01 par common AMERICAN FLETCHER CORPORATION $.03-1/3 par common $5.00 par common AMERFORD INTERNATIONAL CORPORATION AMERICAN PHYSICIANS SERVICE $.05 par common AMERICAN FURNITURE COMPANY, INC. GROUP, INC. $1.00 par common $.10 par common AMERIBANC, INC. $5.00 par common AMERICAN GREETINGS CORPORATION AMERICAN PIONEER SAVINGS BANK Class A, $1.00 par common (F lo rid a ) AMERICA FIRST FEDERALLY GUARANTEED $1.00 par common MORTGAGE FUND, L. P. AMERICAN HOME PATIENT CENTERS, INC. Units of limited partnership $.01 par common AMERICAN RECREATION CENTERS, INC. in te re s t No par common AMERICAN INCOME LIFE INSURANCE AMERICA WEST AIRLINES, INC. COMPANY AMERICAN RESTAURANTS CORPORATION $.25 par common $1.00 par common No par common AMERICAN ADVENTURE, INC. AMERICAN INDEMNITY FINANCIAL AMERICAN SAVINGS BANK, FSB No par common CORPORATION (New York) $3.33-1/3 par common No par common t No par cumulative AMERICAN AGGREGATES CORPORATION AMERICAN INSURED MORTGAGE INVESTORS convertible preferred No par common Depository Units of limited partnership AMERICAN SAVINGS BANK, F.S.B. AMERICAN BANK OF CONNECTICUT (Washington) $1.00 par common AMERICAN INTERGRITY CORPORATION $1.00 par common $.01 par common AMERICAN BANKERS INSURANCE AMERICAN SECURITY CORPORATION GROUP, INC. AMERICAN INVESTORS LIFE $1.50 par common $1.00 par common INSURANCE COMPANY, INC. $1.00 par common AMERICAN SHARED HOSPITAL SERVICES AMERICAN BARRICK RESOURCES No par common CORPORATION AMERICAN LAND CRUISERS, INC. No par common $.01 par common AMERICAN SOFTWARE, INC. Warrants (expire 05-04-89) Class A, $.10 par common AMERICAN BUSINESSPHONES, INC. No par common AMERICAN LIST CORPORATION AMERICAN SOLAR KING CORPORATION $.01 par common No par common AMERICAN CARRIERS, INC. No par common AMERICAN LOCKER GROUP, INC. AMERICAN SURGERY CENTERS CORPORATION $1.00 par common $.001 par common AMERICAN CELLULAR TELEPHONE CORPORATION AMERICAN MAGNETICS CORPORATION AMERICAN TECHNICAL CERAMICS CORP. Class A, $.01 par common $.01 par common $.01 par common "Addition to List under Board criteria - 2 — tAddition to List under NMS designation AMERICAN TRUSTEE INC. ANIMED, INC. ASK COMPUTER SYSTEMS, INC. $1.00 par common $.01 par common No par common AMERICAN WESTERN CORPORATION ANITEC IMAGE TECHNOLOGY CORP. ASSOCIATED BANC-CORP $.10 par common $.10 par common $1.00 par common AMERICARE HEALTH CORPORATION APOGEE ENTERPRISES, INC. ASSOCIATED COMMUNICATIONS CORPORATION $1.00 par common $.33-1/3 par common Class A, $.10 par common Class B, $.10 par common AMERITRUST CORPORATION APOLLO COMPUTER INC. $3.33-1/3 par common $.02 par common ASSOCIATED COMPANIES, INC. No par common AMERIWEST FINANCIAL CORPORATION APPLE BANK FOR SAVINGS (New York) $.01 par common $1.00 par common ASSOCIATED HOSTS, INC. $.10 par common AMERTEK, INC. APPLE COMPUTER, INC. No par common No par common ASTROCOM CORPORATION $.10 par common AMGEN APPLIED BIOSYSTEMS, INC. No par common No par common ASTRO-MED, INC.