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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