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FEDERAL RESERVE ® A « ©F MIW Y o m jl,f~ l/LAs *J ^ February 17,1984 SECOND SUPPLEMENT TO LIS T OF OTC MAMGIN STOCKS As of Fefora&iry 21„1&)84 ToAll PersonsExtendingSecurities Credit in theSecondFederal ReserveDistrict: The Board of Governors of the Federal Reserve System has published a Second Supplement to its list of over-the-counter (OTC) stocks that are subject to its margin regulations, effective February 21, 1984. The following is quoted from the text of the Board’s announcement: The Supplement should be used in conjunction with the June 20, 1983 List of OTC M argin Stocks and the October 17, 1983 Supplement to the List. Changes th at have been made in the List, which now includes 1,917 OTC stocks, are as follows: — 216 stocks have been included for the first time. — 13 stocks previously on the List have been removed for substantially failing to meet the requirem ents for continued listing. — 30 stocks have been removed for reasons such as listing on a national securities exchange or the companies were acquired by another firm. The Board monitors the m arket activity of all OTC stocks to determ ine which stocks meet the requirem ents for inclusion and continued inclusion on the List of OTC M argin Stocks, and periodically revises the List. Margin regulations generally limit the amount of credit a person or firm may obtain to buy, or carry, stock. Stocks on the List of OTC Margin Stocks are subject to the same m argin requirem ents (currently 50 per cent) as stocks listed on national securitiesexchanges. This means a person or firm buying a stock on credit must make a down payment equal to a t least 50 per cent of the purchase price of the stock and may obtain credit for the remaining 50 per cent. Margin requirem ents on OTC stocks apply only to credit extended on the date the stock becomes an OTC m argin stock and thereafter. Credit extended by a bank on a stock before it appears on the List becomes subject to the retention and withdraw al requirem ents of the Board’s m argin Regulation U on the day the List goes effective if the credit is collateralized by any m argin stock. The same situation applies to credit subject to Regulation G (which governs securities credit by persons other than banks, brokers, or dealers). It is unlawful for any person to cause any representation to be made that inclusion of a stock on this List indicates th at the Board or the Securities and Exchange Commission has in any way passed upon the m erits of any such stock or transaction therein. Any references to the Board in connection with the List or any stocks thereon in any advertisement or similar communication is unlawful. The List is published by the Board for the information of lenders and the general public. Enclosed is a copy of the S eco n d S u p p le m e n t to the J u n e 20, 1983 L i s t o f O T C M a r g in Stocks. Any questions regarding the Supplement may be directed to our Regulations Division (Tel. No. 212-791-5914). Additional copies of the enclosure will be furnished upon written request addressed to either the Regulations Division or the Circulars Division of this Bank. A n th on y M. S olomon , P re sid e n t. BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM SECOND SUPPLEMENT TO JUNE 20, 1983 LIST OF OTC MARGIN STOCKS* _______________________FEBRUARY 21, 1984_____________________ ADDITIONS TO THE LIST ACRO ENERGY CORPORATION No par common BANKEAST CORPORATION $1.00 par common ACTIVISION, INC. No par common BASIC AMERICAN MEDICAL, INC. No par common ADVANCE CIRCUITS, INC. $.10 par common BECK/ARNLEY CORPORATION $.25 par common AGENCY RENT-A-CAR, INC. $.05 par common BINGO KING COMPANY, INC. $.01 par common ALASKA BANCORPORATION $.01 par common BIOGEN N.V. $.01 par common ALLNET COMMUNICATION SERVICES, INC. No par common BIRD INCORPORATED $1.00 par cumulative convertible preferred AMERICAN CARRIERS, INC. No par common BISHOP GRAPHICS, INC. $.00666 par common AMGEN BURR-BROWN CORPORATION $.01 par common No par common APPLIED BIOSYSTEMS, INC. No par common CALIBRE CORP. No par common APPLIED SOLAR ENERGY CORPORATION Warrants (expire 08-05-85) CALIFORNIA SILVER LTD No par common ARTEL COMMUNICATIONS CORPORATION $.01 par common CALMAR INC. $.10 par common ASSOCIATED BANC-CORP $1.00 par common CALNY, INC. $.01 par common AVANT-GARDE COMPUTING, INC. No par common CARE ENTERPRISES No par common BFI COMMUNICATIONS SYSTEMS, INC. $.01 par common CARHART PHOTO, INC. Class A, $.10 par common BR COMMUNICATIONS No par common CHAPMAN ENERGY, INC. $.001 par common BANC ONE CORPORATION Series A, convertible preferred CHEMFIX TECHNOLOGIES, INC. $.01 par common *The complete List of OTC Margin Stocks is comprised of the June 20, 1983 List of OTC Margin Stocks, the October 175 1983 Supplement and this Second Supplement. - CITY FEDERAL SAVINGS & LOAN ASSOCIATION (New Jersey) Series B, $25=00 par cumulative convertible preferred CLAYTON HOMES, INC. $olO par common COGENIC ENERGY SYSTEMS, INC, $,01 par common COLLINS INDUSTRIES, INC, $,10 par common COMPAQ COMPUTER CORPORATION $.01 par common COMPUSHOP INCORPORATED $,01 par common COMPUTER DATA SYSTEMS, INC, $,10 par common COMPUTER HORIZONS CORP, $,10 par common COMPUTER LANGUAGE RESEARCH, INC, $,01 par common CONTINENTAL HEALTH AFFILIATES, INC, $,02 par common Warrants (expire 04-30-86) CONVERSE INC, $1,00 par common CORESTATES FINANCIAL CORPORATION No par cumulative preferred COSMO COMMUNICATIONS CORPORATION $,01 par common DMI FURNITURE, INC, $,10 par common DAISY SYSTEMS CORPORATION $,01 par common 2 - DATUM INC, $,25 par common DAVIS WATER & WASTE INDUSTRIES, INC, $1,00 par common DEB SHOPS, INC, $.01 par common DENTO-MED INDUSTRIES, INC. $.01 par common DISTRIBUTED LOGIC CORPORATION No par common DIXON TICONDEROGA COMPANY $1.00 par common EMF CORPORATION No par common EL CHICO CORPORATION $.10 par common ELAN PHARMACEUTICAL RESEARCH CORP. $.01 par common ELECTRONIC MAIL CORPORATION OF AMERICA $,Q1 par common ENDATA, INC. $.10 par common ENERGRO, INC. $.10 par common ENERGETICS, INC, $.01 par common ENGINEERING MEASUREMENTS COMPANY $.01 par common ENVIRONMENTAL SYSTEMS COMPANY $.01 par common DAMON BIOTECH, INC, $,01 par common ERIE LACKAWANNA INC. No par capital stock, $1,00 stated value DATAPOWER, INC, No par common FABRIC WHOLESALERS INC. No par common - 3 - FARM FRESH, INCo $.01 par common GOOD TACO CORPORATION, THE $.01 par common FIRST DATA RESOURCES INCo $.01 par common GREAT AMERICAN FEDERAL SAVINGS BANK (California) $1.00 par common FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF ARIZONA $o01 par common FIRST FEDERAL SAVINGS & LOAN ASSOCIATION OF ROANOKE $.10 par common FIRST FIDELITY SAVINGS AND LOAN ASSOCIATION (Florida) $1.00 par common FIRST FINANCIAL MANAGEMENT CORP. $.10 par common FIRST MIDWEST BANCORP, INCo No par common FORUM GROUP, INC. Warrants (expire 12-31-85) GREEN TREE ACCEPTANCE, INC. $.01 par common HPSC, INC. $.01 par common HALIFAX ENGINEERING, INC. $.35 par common HELIONETICS, INC. Warrants (expire 11-30-87) HOME FEDERAL SAVINGS AND LOAN ASSOCIATION (Arizona) $.01 par common HOUSTON OIL FIELDS COMPANY $.10 par common FOSTER MEDICAL CORPORATION $1.00 par common HOWARD SAVINGS BANK, THE (New Jersey) $2.00 par common FOXMEYER CORPORATION $.01 par common HYTEK MICROSYSTEMS, INC. No par common GAMBRO AB American Depository Receipts for non-restricted B shares (nominal value SEK 20) IMMUNOGENETICS, INC. $.01 par common GENERAL HOMES CORPORATION $.01 par common GENERAL MICROWAVE CORPORATION $.01 par common GEORGIA BONDED FIBERS, INC. $.10 par common GIBSON, Co Ro COMPANY, THE $1.25 par common GIBSON GREETINGS, INC. $.01 par common INSTITUTIONAL NETWORKS CORPORATION $.25 par capital INTEGRATED CIRCUITS INCORPORATED No par common INTEGRATED SOFTWARE SYSTEMS CORPORATION No par common INTELLIGENT COMMUNICATIONS NETWORKS, INC. No par common Warrants (expire 09-30-84) INTERAND CORPORATION $.01 par common - 4 INTERFACE FLOORING SYSTEMS, INC. Class A, $.1Q par common MARINE TRANSPORT LINES, INC. $.10 par common INTERNATIONAL LEASE FINANCE CORPORATION $«10 par common MARQUEST MEDICAL PRODUCTS, INC. No par common JAMAICA WATER PROPERTIES, INC. $clO par common MAXWELL LABORATORIES, INC. $1.00 par common JEFFREY MARTIN, INC. $.10 par common MEDAR, INC. No par common, $.20 stated value KEY TRONIC CORPORATION No par common MEDICAL 21 CORP. $.01 par common KING INTERNATIONAL CORPORATION $1.00 par common MERCHANTS SAVINGS BANK (New Hampshire) $1.00 par common KINNEY SYSTEM, INC. $oGl par common MERRY LAND & INVESTMENT COMPANY, INC. No par common LAIDLAW INDUSTRIES, INC. Series A, $1.00 par cumulative convertible preferred LIFE CARE COMMUNITIES CORPORATION $.01 par common METHODE ELECTRONICS, INC. Class B, $.50 par common METROPOLITAN FEDERAL SAVINGS AND LOAN ASSOCIATION OF FARGO $.01 par common LOCAL FEDERAL SAVINGS AND LOAN ASSOCIATION (Oklahoma) $.01 par common MICROBIOLOGICAL SCIENCES, INC. $.10 par common LOTUS DEVELOPMENT CORPORATION $.01 par common MICROPOLIS CORPORATION No par common LYPHOMED, INC. $.01 par common MIDWEST FINANCIAL GROUP, INC. $10.00 par common MCI COMMUNICATIONS CORPORATION 7-3/4% convertible subordinated debentures MINI MART CORPORATION $.05 par common MACK TRUCKS, INC. $1.00 par common MAGNETIC INFORMATION TECHNOLOGY, INC. $.01 par common MAINE NATIONAL CORP. $5.00 par common MOBILE COMMUNICATIONS CORPORATION OF AMERICA Class A, $1.00 par common MORGAN, KEEGAN & COMPANY, INC. $.625 par common NFA CORP. $.10 par common NASH-FINCH COMPANY $ 1 o66-2/3 par common POWERTEC, INC. No par common NOBEL INSURANCE LIMITED $1.00 par capital PROGRAMMING AND SYSTEMS, INC. $.08 par common NORSK DATA A.S American Depository Receipts for Class B, non-voting shares (par value NKR 20) PRUDENTIAL BANK, A SAVINGS BANK (Seattle, WA) $5.00 par common NORTHWEST PENNSYLVANIA CORP. $5.00 par common 1 POTATO 2, INC. $.01 par common OVERLAND EXPRESS, INC. No par common PASQUALE FOOD COMPANY, INC. Class A, $1.00 par common PAUL HARRIS STORES, INC. No par common PEARLE HEALTH SERVICES, INC. $1.00 par common PETROLEUM HELICOPTERS, INC. Voting, $.08-1/3 par common PHILADELPHIA SAVING FUND SOCIETY, THE $1.00 par common PHONE-MATE, INC. $.10 par common PUBLISHER EQUIPMENT CORPORATION No par common QUANTECH ELECTRONICS CORP. $.01 par common RJ FINANCIAL CORPORATION $.01 par common READING COMPANY $.01 par common REALAMERICA CO. $1.00 par common REALIST, INC. $3.00 par common RECOTON CORPORATION $.20 par common REGIS CORPORATION $.05 par common REPUBLIC HEALTH CORPORATION $.05 par common RIVER OAKS INDUSTRIES, INC. $.01 par common PIEZO ELECTRIC PRODUCTS, INC. $1.00 par cumulative convertible preferred ROBESON INDUSTRIES CORP. $10.00 par common PITTSBURGH BREWING COMPANY $1.00 par common ROYAL APEX SILVER, INC. $.05 par common POE & ASSOCIATES, INC. $.10 par common ROYALE AIRLINES, INC. No par common POSSIS CORPORATION $.40 par common SIS CORPORATION No par common POWER CONVERSION, INC. $.01 par common SCAN-TRON CORPORATION No par common SCIENTIFIC SYSTEMS SERVICES, $o01 par common INC. SHONEY'S SOUTH, INC. $.05 par common SMITH LABORATORIES, INC. No par common SGLV-EX CORPORATION $.01 par common SOUTHERN HOSPITALITY CORPORATION $.08-1/3 par common SPAN-AMERICA MEDICAL SYSTEMS, INC. No par common STATEWIDE BANCORP $5.00 par capital STRATUS COMPUTER, INC. $.01 par common STURM, RUGER & COMPANY, INC. $1.00 par common SYSTEMS ASSOCIATES, INC. $.01 par common TBC CORPORATION $.10 par common TECHNODYNE, INC. $.50 par common TELECRAFTER CORPORATION No par common TELEMATION, INC. Class B, $1.00 par common TELERAM COMMUNICATIONS CORPORATION $.01 par common THERMAL PROFILES, INC. $.015 par common THORATEC LABORATORIES CORPORATION No par common THUNANDER CORPORATION $.01 par common Warrants (expire 01-10-87) TRAK AUTO CORPORATION $.01 par common TRUST COMPANY OF NEW JERSEY, THE $7.25 par common TRUSTCO BANK CORP NY $10.00 par common 202 DATA SYSTEMS, INC. $.10 par common ULTRA BANCORPORATION $5.00 par common UNGERMANN-BASS, INC. $.01 par common UNIOIL $.01 par common UNITED BANCORPORATION ALASKA, INC. $.20 par common UNITED BANK, A SAVINGS BANK (Tacoma, $5.00 par common UNITED FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION (Florida) $.01 par common UNITED MICHIGAN CORPORATION $5.00 par common U. S. SHELTER No par shares of benefical interest UNIVERSAL TELEPHONE, INC. $1.00 par common USACAFES $.10 par common VLI CORPORATION $.01 par common VSE CORPORATION $.05 par common 7 VACU-DRY COMPANY $.10 par common WAXMAN INDUSTRIES, INC. No par common VALUE LINE, INC. $.10 par common WEATHERFORD, R. V. CO. No par common VANZETTI SYSTEMS INC, $.01 par common WESTERN STEER - MOM 'N' POP’S, INC. $1.00 par common VEGA BIOTECHNOLOGIES, INC. $.01 par common WESTERN WASTE INDUSTRIES No par common VIPONT LABORATORIES, INC. $.001 par common WESTSIDE FEDERAL SAVINGS & LOAN ASSOCIATION (Seattle, WA) $.01 par common VITALITY UNLIMITED, INC. $.03 par common WALKER TELECOMMUNICATIONS CORPORATION Warrants (expire 04-05-90) WICAT SYSTEMS, INC. $.01 par common WINN ENTERPRISES $.10 par shares of beneficial interest - 8 DELETIONS FROM THE LIST "AM FI CORPORATION $loOO par common "AMAREX, INC No par common AMD ISCO CORPORATION $1,00 par common AMERICAN STATES LIFE INSURANCE COMPANY $1.00 par common FIRST CITY FEDERAL SAVINGS AND LOAN ASSOCIATION (Florida) $.01 par common FLAGSHIP BANKS INC. $1.00 par common "FLORIDA COAST BANKS, INC. Series A, no par cummulative convertible preferred "GEOPHYSICAL SYSTEMS CORPORATION $1.00 par common BANC ONE CORPORATION No par commons $5°00 stated value "HITTMAN CORPORATION $.10 par common BEAR CREEK CORPORATION $.10 par common INSTACOM, INC. $.01 par common BEL09 A.Ho CORPORATION $1.67 par common "INTEL CORPORATION 1% convertible subordinated debentures BROOKS FASHION ST0RESs INC. $.10 par common CHART HOUSE INC. No par common COOPERVISION, INC. $.10 par common COUNTY TONER CORPORATION $5.00 par common DEPENDABLE INSURANCE GROUP, INC. OF AMERICA, THE $.10 par common DIXON, JOSEPH CRUCIBLE COMPANY, THE $10.00 par common FEDERATED INCOME & PRIVATE PLACEMENT FUND $1.00 par capital FIDELITY FEDERAL SAVINGS AND LOAN ASSOCIATION (California) $.01 par common FIRST MERCHANTS CORPORATION $3.75 par common & "Removed for failing continued listing requirement McRAE CONSOLIDATED OIL & GAS, INC. $.01 par common MIDLANTIC BANKS INC. * First Series, no par convertible preferred " Second Series, no par convertible preferred NAVCO CORPORATION $.25 par common NORTHERN NATIONAL CORPORATION $5.00 par common PACIFIC RESOURCES, INC. No par common PANDICK PRESS, INC. $.10 par common "REAL ESTATE INVESTMENT PROPERTIES $1.00 par shares of beneficial interest SEGA ENTERPRISES, INC. $1.00 par common - 9 - DELETIONS FROM THE LIST ^SPIRAL METAL COMPANY, INCo $ o01 par common TULL, JoMc INDUSTRIES, $1,00 par common SUNLITE OIL COMPANY $1,00 par common VANDERBILT ENERGY CORPORATION $,10 par common *SUNRISE SAVINGS & LOAN ASSOCIATION OF FLORIDA Warrents (expire 09-03-85) VAUGHAN-JACKLIN CORPORATION, THE $,10 par common VOYAGER GROUP, INC, $1,00 par common TEAM, INC, $e30 par common TELERENT LEASING CORPORATION $,50 par common ^WISCONSIN REAL ESTATE INVESTMENT TRUST $1,00 par shares of beneficial interest ^TOMLINSON OIL COMPANY, INC, Warrants (expire 09/06/83) ^Removed for failing continued listing requirements INC, - 10 - NAME CHANGES AND REORGANIZATIONS FROM TO ALASKA MUTUAL BANK $1.00 par common ALASKA MUTUAL BANCORPORATION $1.00 par common CGA COMPUTER ASSOCIATES, INC. $.10 par common CGA COMPUTER, INC. $.10 par common CALIFORNIA FEDERAL SAVINGS & LOAN ASSOCIATION $1.00 par common CAL FED, INC. $1.00 par common CAPITAL ENERGY CORPORATION No par common LIFE CHEMISTRY, INC. No par common CENVILL DEVELOPMENT CORP. $.01 par common CENVILL DEVELOPMENT CORP. CENVILL PROPERTIES INC. Paired certificates, $.01 par common DAYTON MALLEABLE INC. No par common AMCAST INDUSTRIAL CORPORATION No par common FOOD LION, INC. $.50 par common FOOD LION, INC. Class A, $.50 par common Class B, $.50 par common GODFATHER'S PIZZA, INC, $.01 par common DIVERSIFOODS, INC. $.01 par common GULF INTERSTATE COMPANY $1.00 par common GULF APPLIED TECHNOLOGIES, INC. $1.00 par common HECHINGER COMPANY $.10 par common HECHINGER COMPANY Class A, $.10 par common Class B, $.10 par common INDUSTRIAL VALLEY BANK AND TRUST COMPANY $5.00 par common IVB FINANCIAL CORPORATION $5.00 par common MPSI GROUP INC., THE $.05 par common MPSI SYSTEMS, INC. $.05 par common MATAGORDA DRILLING AND EXPLORATION COMPANY $.02 par common STANLEY WELL SERVICE, INC. $.02 par common PRESTON TRUCKING COMPANY, INC0 $1.00 par common PRESTON CORPORATION $1.00 par common TENNESSEE NATURAL GAS LINES, INC. $1.00 par common TENNESSEE NATURAL RESOURCES, INC $1.00 par common VIRGINIA NATIONAL BANKSHARES, INC. $5.00 par common SOVRAN FINANCIAL CORPORATION $5.00 par common