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F ederal Reserve Bank DALLAS, TEXAS of Dallas 75222 Circular No. 69-232 September 9 1969 j CHANGES IN LIST OF OTC MARGIN STOCKS To All Banks, Brokers/Dealers, Nonbank Lenders and Others Concerned in the Eleventh Federal Reserve District: The following changes, effective September b , 1 9 6 9 * should be made in the official LIST OF OTC MARGIN STOCKS, dated July 8, 1 9 6 9 , which was enclosed and distributed with our Circular No. 6 9 -1 6 7 dated July J , 1 9 6 9 * Also enclosed is the text of the Board's press release dated Sep tember b , 1 9 6 9 * announcing the changes in the LIST OF OTC MARGIN STOCKS. Additions Friendly Ice Cream Corporation $1 .00 par common Tassette, Inc. Class A common Name Changes and Corrections From To Continental Computer Associates, Inc. no par common Banister Continental Corporation no par common Crocker-Citizens National Bank capital Crocker-National Corporation capital Dayton Corporation $1 .00 par common Dayton-Hudson Corporation $1.00 par common Girard Company $1 .00 par common The Girard Company $1 .00 par common Philadelphia Suburban Water Company $3*75 par common Philadelphia Suburban Corp. $1 .00 par common Provident National Bank $12.00 par capital Provident National Corporation $1 .00 par capital This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org) 2 Deletions D P A, Inc. $1 .0 0 par common Lincoln National Corporation $2 . 5 0 par common University Computing Company no par common Yours very truly, P. E. Coldwell President Enclosure (l) F E D E R A L p r e s s R E S E R V E release f^ALRt^*' September 4, 1969 For immediate release. The Board of Governors of the Federal Reserve System today announced several changes in its "List of OTC Margin Stocks" first pub lished on July 8, 1969. TV/o stocks--Friendly Ice Cream Corporation, $1.00 par common, and Tassette, Inc., Class A common--are added to the list and will be subject to the same 80 per cent margin requirements as other over-the-counter stocks that previously became subject to margin regulations. Margin requirements on the newly added stocks will apply only to loans made on and after September 4, 1969. Three stocks are deleted by virtue of listing on a national securi ties exchange. They are D.P.A., Inc., $1.00 par common, Lincoln National Corporation, $2.50 par common, and University Computing Company, no par common. Securities listed on national exchanges are subject to margin regu- quirements. Six other changes have been made to bring the OTC list up to date: Continental Computer Associates, Inc., no par common, becomes Banister Continental Corporation, no par common; Crocker-Citizens National Bank, capital, has been changed to Crocker-National Corporation, capital; Dayton Corporation, $1.00 par common, becomes Dayton-Hudson Corporation, $1.00 par common; Girard Company, $1.00 par common, is corrected to read The Girard Company, $1.00 par common; Philadelphia Suburban Water Company, $3.75 par common, is changed to Philadelphia Suburban Corp., $1.00 par common; and Provident National Bank, $12.00 par capital, becomes Provident National Corporation, $1.00 par capital. Previous changes in the July 8 list were announced on July 30.