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F ederal reserve ban k of DALLAS, TE X A S Dallas 75222 Circular No. 69-266 October 1969 2k, 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 October 20, 1969 , should be made in the official LIST OF OTC MARGIN STOCKS, dated July 8, 1969* which was enclosed and distributed with our Circular No. 69-167 dated July 7, 1969 * Also enclosed is the text of the Board’s press release dated Octo ber 20, 1969 , announcing the changes in the LIST OF OTC MARGIN STOCKS. Addition Golden Cycle Corporation No par common Name Changes and Corrections From To Continental Bank and Trust Co. (Pa.) $5 .00 par common Continental Bank $5 .00 par common Franklin National Bank (New York) $5.00 par capital Franklin N. Y. Corporation $5 .00 par common Gino's Inc. Class A, common Gino's, Inc. No par common Liberty National Life Ins. Co., (Tex.) Common Capital, par value $2.00 Liberty National Life Insurance Company Common capital, par value $2.00 Wells Fargo Bank, N. A. Capital, $10.00 par value Wells Fargo & Company $10.00 par capital This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org) 2 Deletions American District Telegraph Company Fall paid and non-assessable par value $1.00 each, common Dayton-Hudson Corporation $1 .0 0 par common The First National Bank of Chicago $ 2 0 .0 0 par capital Gulf Life Holding Company Capital Yours very truly, P. E. Coldwell President Enclosure (l) FEDERAL press RESERVE release For immediate release. October 20, 1969. 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. One stock, Golden Cycle Corporation, no par common, is added to the list and will be subject to the same 80 per cent margin require ments as other over-the-counter stocks that previously became subject to margin regulations. Margin requirements on Golden Cycle Corporation stock will apply only to loans made on and after October 20, 1969. Four stocks are deleted by virtue of being registered on a national securities exchange. The stocks are American District Telegraph Company, full paid and non-assessable par value $1.00 each, common; DaytonHudson Corporation, $1.00 par common; The First National Bank of Chicago, $20.00 par capital; and Gulf Life Holding Company, capital. Five other changes have been made to bring the list up to date: Continental Bank and Trust Co. (Pa.), $5.00 par common, becomes Continental Bank, $5.00 par common; Franklin National Bank (New York), $5.00 par capital, becomes Franklin N. Y. Corporation, $5.00 par common; Gino's Inc., Class A, common, is corrected to read G i n o ’s, Inc., no par common; Liberty National Life Ins. Co., (Tex.), common capital, par value $2.00, is corrected to read Liberty National Life Insurance Company, common capital, par value $2.00; and Wells Fargo Bank, N. A., capital, $10,00 par value, is changed to Wells Fargo & Company, $10.00 par capital. -0-
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