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FEDERAL RESERVE BANK OF NEW YORK M a rch 8, 19 8 2 SUPPLEMENT TO LIST OF OTC MARGIN STOCKS As of March 1, 1982 To A ll Persons E xtending Securities Credit in the Second Federal Reserve District: T h e B o a rd o f G o v ern o rs o f th e F e d e r a l R e se r v e S y s te m h a s p u b lish e d a S u p p le m e n t to its lis t o f o v e r -th e -c o u n te r (O TC ) sto c k s th a t a re s u b je c t to its m a r g in r e g u la tio n s . T h e fo llo w in g is q u o ted from th e t e x t o f th e B o a r d ’s a n n o u n c e m e n t: T he S u p p le m e n t m ak es th e fo llo w in g ch a n g es, e ffe c tiv e M arch 1, 1982: — 173 stock s have been in clu d ed for the fir st tim e. — 17 stock s p rev io u sly on the L ist have been rem oved for su b sta n tia lly fa ilin g to m eet the req u ir e m e n ts for con tin u ed listin g . — 54 stock s have been rem oved for reason s su ch as listin g on a n ation al se c u r itie s ex c h a n g e or the com p a n ies w ere acq u ired by an oth er firm . T he B oard p rev io u sly d ecid ed to rev ise the OTC list th ree tim e s y ea rly , at a p p ro x im a te fou r-m onth in tervals. T h is w ill be done by issu in g one co m p lete L ist and tw o su p p le m e n ts an n u a lly . T he la st L ist of OTC M argin S tock s w as issu ed on O ctober 5, 1981. W ith the ch a n g e s an n ou n ced tod ay th e L ist now in clu d es 1509 OTC stocks. T he B oard m on itors the m a rk et a c tiv ity o f all OTC stock s to d e te r m in e w h ich stock s m eet the req u irem en ts for in clu sion and co n tin u ed in clu sion on th e L ist o f OTC M argin S tock s, and p erio d ica lly rev ises the L ist. M argin r eg u la tio n s g e n e r a lly lim it th e am ou n t of c r e d it a person or firm m ay ob tain to buy, or carry, secu r itie s. S to ck s on the L ist o f OTC M argin S tock s are su b ject to the sa m e m a rg in req u ir e m en ts (cu rren tly 50 per cen t) as stock s listed on n ation al stock e x c h a n g e s. T h is m ean s a person or firm b u y in g a stock on cred it m u st m ak e a d ow n p a y m en t eq u al to at lea st 50 per cen t of th e p u rch a se p rice of th e stock and m ay ob tain c r e d it for the r e m a in in g 50 per cent. M argin r e q u irem en ts on OTC stock s ap p ly only to c r e d it ex te n d e d on the d ate the stock b ecom es an OTC m a rg in stock and th erea fter. C red it ex te n d e d by banks to p u rch ase or ca rry OTC sto ck s before they ap p eared on the L ist b ecom es su b ject on th a t d a te to th e reten tion and w ith d r a w a l req u ir e m e n ts of the B oard ’s m a rg in R eg u la tio n U if the c r e d it is co lla te r a liz e d by any stock. S uch c r e d it p rev io u sly ex te n d ed by len d ers su b ject to R egu lation G (w h ich g o v ern s se c u r itie s c r e d it by p erson s oth er than banks, brokers, or d ealers) b ecom es su b ject to reten tion and w ith d ra w a l re q u ir e m e n ts if co lla te r a liz e d by “m a rg in se c u r itie s.” It is u n la w fu l for any person to ca u se any rep resen ta tio n to be m ad e th a t in clu sio n of a se c u r ity on this L ist in d ic a te s th a t th e B oard or th e S e c u r itie s and E x c h a n g e C om m ission has in any w ay approved such se cu rity or any tra n sa ctio n th erein . A ny r eferen ces to the B oard in con n ection w ith the L ist or any secu ritie s th ereon in any a d v e r tise m e n t or sim ila r co m m u n ica tio n is u n la w fu l. T he L ist is p u b lish ed by the B oard for the in form ation of len d ers and the g e n e r a l p u b lic. E n c lo se d is a co p y o f th e r e v ise d Supplement to the List of OTC Margin Stocks, in c lu d in g an A d d e n d u m to th a t S u p p le m e n t. A n y q u e stio n s r e g a r d in g th e S u p p le m e n t m a y b e d ir e c te d to o u r R e g u la tio n s D iv isio n (T el. N o. 2 1 2 -7 9 1 -5 9 1 4 ). A d d itio n a l c o p ie s o f th e e n c lo su r e s w ill b e fu r n is h e d up on w r itte n r e q u e st a d d r e sse d to e ith e r th e R e g u la tio n s D iv isio n or th e C ir c u la r s D iv isio n o f th is B ank. A nthony M. Solom on, President. ADDENDUM TO *» SUPPLEMENT TO L IST OF OTC MARGIN STOCKS MARCH 1, 1982 ADVEST GROUP, IN C ., THE $1.00 par corrmon BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM SUPPLEMENT TO LIST OF OTC MARGIN STOCKS MARCH 1, 1982 ADDITIONS TO THE LIST ADAGE, INC. $.10 par common BARTON VALVE COMPANY, INC. $.01 par common AERO SERVICES INTERNATIONAL, INC. No par common BASE TEN SYSTEMS, INC. Class A, $1.00 par common ALLEGHENY & WESTERN ENERGY CORPORATION $.01 par common BEEFSTEAK CHARLIE’ S, INC. $.10 par common ALPHA MICROSYSTEMS No par common BIOSPHERICS INC. $.01 par common AMERICAN RECREATION CENTERS, INC. No par common BIOTECH RESEARCH LABORATORIES, INC. $.01 par common AMICON CORPORATION $.33-1/3 par common BIRTCHER CORPORATION, THE $1.00 par capital ANALYSTS INTERNATIONAL CORPORATION $.10 par common BLISS, A. T. AND COMPANY, INC. $.01 par common APPLE COMPUTER, INC. No par common BLUE RIDGE REAL ESTATE COMPANY BIG BOULDER CORPORATION Unit, no par common AUSTIN BANCSHARES CORPORATION $1.00 par common AUTOCLAVE ENGINEERS, INC. $.15 par common AVATAR HOLDINGS INC. $1.00 par common BSD MEDICAL CORPORATION $.0005 par common BSN CORPORATION $.01 par common BANK SECURITIES, INC. $5.00 par common BARRINGER RESOURCES, INC. $.01 par common BOGERT OIL COMPANY $.01 par common BONRAY DRILLING CORPORATION $.10 par common BRADY ENERGY CORPORATION $.01 par common C-COR ELECTRONICS, INC. $.10 par common CPAC, INC. $.01 par common C3, INC. $.01 par common CABLE TV INDUSTRIES No par common - 2 - CENTURI, INC. $.05 par common DELTA QUEEN STEAMBOAT CO., THE $.25 par common CETUS CORPORATION $.01 par common DELTAK CORPORATION $.01 pr common CHEM-TRONICS, INC. No par common DETECTOR ELECTRONICS CORPORATION $.10 par common CIBOLA ENERGY CORPORATION $.01 par common DIAGNOSTIC/RETRIEVAL SYSTEMS, INC. $.01 par common COMMONWEALTH REALTY TRUST Class A, no par common DIGITAL PRODUCTS CORPORATION $.01 par common COMPUTER ENTRY SYSTEMS CORPORATION $.05 par common DIGITAL SWITCH CORPORATION $.01 par common COMPUTER MICROFILM CORPORATION $.25 par common DORADO MICRO SYSTEMS No par common COMPUTER TASK GROUP, INC. $.01 par common DREW NATIONAL CORPORATION $.01 par common CONSOLIDATED CAPITAL INCOME TRUST No par shares of beneficial interest DREYER'S GRAND ICE CREAM, INC. No par common CONSOLIDATED PETROLEUM INDUSTRIES, INC. $.10 par common DURALITH CORPORATION No par common COUNTY TOWER BANCORPORATION $5.00 par common DYSAN CORPORATION No par common CYMATICOLOR CORPORATION $.01 par common ECONO-THERM ENERGY SYSTEMS CORPORATION $.15 par common DBA SYSTEMS, INC. $.10 par common DATA I/O CORPORATION No par common DATAVISION, INC. $.01 par common DAWSON GEOPHYSICAL COMPANY $.33-1/3 par common DELMED, INC. $.10 par common DELTA DRILLING COMPANY $.10 par common DELTA PETROLEUM & ENERGY CORPORATION $.01 par common ELDORADO BANCORP (California) $1.25 par common ELECTRO-BIOLOGY, INC. $1.00 par common ELECTRO-CATHETER CORPORATION $.05 par common ELECTRONICS, MISSILES & COMMUNICATIIONS, INC. $.01-2/3 par common EMULEX CORPORATION $.10 par common FABRI-TEK INC. $.10 par common FAFCO, INC. $.125 par common IMMUNO NUCLEAR CORPORATION $.01 par common FEDERATED INVESTORS, INC. Class B, $.05 par common INFOTRON SYSTEMS CORPORATION $.01 par common FIRST AMERICAN BANK OF PALM BEACH COUNTY Class A, $1.00 par common INTELLIGENT SYSTEMS CORP. $.05 par common FIRST CITY FEDERAL SAVINGS AND LOAN ASSOCIATION (Florida) $.01 par common INTER-TEL, INC. No par common FIRST FINANCIAL SAVINGS AND LOAN ASSOCIATION (Wisconsin) $1.00 par common FOSTER, L. B. COMPANY $.01 par common FREQUENCY CONTROL PRODUCTS, INC. $.01 par common G & K SERVICES INC. $.50 par common GTS CORPORATION $.01 par common GEOPHYSICAL SYSTEMS CORPORATION $1.00 par common GIBRALTAR EXPLORATION, LTD. $.01 par common GRIFFIN PETROLEUM CORPORATION No par common HBO & COMPANY $.05 par common HERITAGE COMMUNICATIONS, INC. No par convertible preferred IPL SYSTEMS, INC. Class A, $.01 par common INTERGRAPH CORPORATION $.10 par common INTERMAGNETICS GENERAL CORPORATION $.10 par common INTERNATIONAL INCOME PROPERTY INC. $.01 par common INTERSTATE MOTOR FREIGHT SYSTEM $1.00 par common ISOMET CORPORATION $1.00 par common JAMAICA WATER PROPERTIES INC. $.10 par common JONES INTERCABLE, INC. Class A, $.01 par common K-TRON INTERNATIONAL, INC. $.01 par common KELLY-JOHNSTON ENTERPRISES, INC. $1.00 par common KENCOPE ENERGY COMPANIES $.10 par common KYLE TECHNOLOGY CORPORATION No par common LIEBERT CORPORATION No par common ISSC INDUSTRIAL SOLID STATE CONTROLS, INC. $1.00 par common LIZ CLAIBORNE, INC. $1.00 par common IKE LOVELADY, INC. $1.00 par common MANAGEMENT SCIENCE AMERICA, INC. $.0025 par common - 4 - MATRIX SCIENCE CORPORATION $.01 par common NUMERAX, INC. $.01 par common MEDICAL GRAPHICS CORPORATION $.05 par common NUTRI/SYSTEM, INC. $.01 par common MICOM SYSTEMS, INC. No par common OBJECT RECOGNITION SYSTEMS, INC. $.01 par common MIDWAY AIRLINES, INC. $.01 par common MIZEL PETRO RESOURCES, INC. No par common MONARCH AVALON INC. $.25 par common NAHAMA & WEAGANT ENERGY COMPANY No par common OCILLA INDUSTRIES, INC. $.01 par common OGLEBAY NORTON COMPANY $1.00 par common OLSON FARMS, INC. $3.00 par common ORBIT INSTRUMENT CORPORATION Warrants (expire 03/09/86) NATIONAL BANCSHARES CORPORATION OF TEXAS $5.00 par common ORIGINALA PETROLEUM CORP. $.10 par common NATIONAL CITY BANCORPORATION (Minnesota) $1.25 par common OXYGEN ENRICHMENT COMPANY, LTD. $.01 par common NAUTILUS FUND, INC. $1.00 par common PARTNERS OIL COMPANY $.01 par common NELSON RESEARCH & DEVELOPMENT COMPANY No par common PENNBANCORP $5.00 par common NIKE, INC. Class B, no par common NORPAC EXPLORATION SERVICES, INC. $.20 par common NORTH EAST INSURANCE COMPANY $1.00 par common NORTHEAST ENERGY DEVELOPMENT CORPORATION No par common NORTHEASTERN BANCORP, INC. (Pennsylvania) $10.00 par common NOVAMETRIX MEDICAL SYSTEMS INC. $.01 par common PERMEATOR CORPORATION $.10 par common PETROLEUM HELICOPTERS, INC. Non-voting, $.08-1/3 par common PIZZA TIME THEATRE, INC. No par common PRAIRIE PRODUCING COMPANY $.01 par common PRODUCTION OPERATORS CORPORATION 9.25% convertible subordinated debentures QUIXOTE CORPORATION $.01-2/3 par common REPUBLIC RESOURCES CORPORATION $.01 par common SWANTON CORPORATION $.10 par common RIO VERDE ENERGY CORPORPORATION $.10 par common SYNCOR INTERNATIONAL CORPORATION $.01 par common SEI CORPORATION $.01 par common SYNTECH INTERNATIONAL, INC. $.10 par common SATELLITE TELEVISION & ASSOCIATED RESOURCES, INC. $.01 par common TANDON CORPORATION $.01 par common SAXON OIL COMPANY $.10 par common SCAN-OPTICS, INC. $.02 par common SCIENTIFIC RADIO SYSTEMS, INC. $.01 par common SCOTT INSTRUMENTS CORPORATION $.01 par common SEA GALLEY STORES, INC. $.05 par common SEVEN OAKS INTERNATIONAL, INC. $.10 par common SILICON SYSTEMS INC. No par common SKIPPER'S, INC. $.10 par common SOFTWARE AG SYSTEMS GROUP, INC. $.01 par common SPECIALIZED SYSTEMS, INC. No par common STEIGER TRACTOR, INC. $1.00 par common STERLING PIPE & SUPPLY COMPANY $.01 par common SUMMIT BANCORPOATION, THE nNo par common SURVIVAL TECHNOLOGY, INC. $.10 par common TEECO PROPERTIES LTD. Units of limited partnership interest TEXAS ENERGIES, INC. $.10 par common TIMES FIBER COMMUNICATIONS, INC. $1.00 par common TRANSDUCER SYSTEMS, INC. No par common TRANSNET CORPORATION $.01 par common ULTRASYSTEMS INC. No par common UNITED TELEVISION, INC. $.10 par common VELO-BIND, INC. $1.00 par common VENTREX LABORATORIES, INC. $.01 par common VIRATEK, INC. $.10 par common WATERMAN MARINE CORPORATION $1.00 par common WESTLANDS BANK (California) $1.25 par common WOMETCO CABLE TV, INC. $1.00 par common XRG INTERNATIONAL, INC. $.001 par common ZENTEC CORPORATION No par common DELETIONS FROM THE LIST * API TRUST $1.00 par shares of beneficial interest ACME ELECTRIC CORPORATION $1.00 par common ALEXANDER & ALEXANDER SERVICES INC. $1.00 par common ALLIED TELEPHONE COMPANY $2.00 par common COMMERCE SOUTHWEST INC. $1.00 par common DATARAM CORPORATION $1.00 par common DEAN FOODS COMPANY $1.00 par common DRUM FINANCIAL CORPORATION $1.00 par common ALTON PACKAGING CORPORATION $5.00 par common * EATON CORPORATION Series A, no par convertible preferred ANDERSON, GREENWOOD & CO. No par common * FIRST EXECUTIVE CORPORATION $1.00 par convertible preferred ANTA CORPORATION $1.00 par common FIRST NEWPORT CORPORATION $1.00 par common APPLICON INC. $.05 par common FIRST SAVINGS AND LOAN ASSOCIATION (California) No par common BALLY'S PARK PLACE, INC. $.10 par common BEARD OIL COMPANY $.05 par common BEEHIVE INTERNATIONAL Paired c e r t i f i c a t e s , $.02 par common BENTLEY LABORATORIES INC. $.10 par common BOSTON COMPANY, THE Class B, $1.00 par common BROCK HOTEL CORPORATION $.10 par common CENTRAL VERMONT PUBLIC SERVICE CORPORATION $6.00 par common * COASTAL INDUSTRIES, INC. $.25 par common FIRST STATE BANKING CORPORATION $5.00 par common FLOATING POINT SYSTEMS, INC. No par common GNC ENERGY CORPORATION $.40 par common GALAXY OIL COMPANY 9% convertible subordinated debentures * GOLD MEDALLION CORPORATION $.10 par common GOVERNMENT EMPLOYEES LIFE INSURANCE COMPANY $1.50 par common * GRAPHIC SCANNING CORPORATION 10% convertible subordinated debentures GREEN MOUNTAIN POWER CORPORATION $3.33-1/3 par common * Removed for failing continued listing requirement GULFSTREAM BANKS, INC. $1.00 par common HYATT INTERNATIONAL CORPORATION Class A, $.10 par common INTEGRITY ENTERTAINMENT CORPORATION $.01 par common KDI CORPORATION $.35 par common KELDON OIL COMPANY No par common KENT-MOORE CORPORATION $1.00 par common KINNARD COMPANIES, INC. $.10 par common MCI COMMUNICATIONS CORPORATION $1.84 par cumulative convertible preferred MARCADE GROUP INC. $.10 par common * NEW VIRGINIA BANCORPORATION $1.00 par common NORTH EUROPEAN OIL ROYALTY TRUST No par units of beneficial interest NORTHERN STATES BANCORPORATION, INC. $5.00 par common OLSTEN CORPORATION, THE $.10 par common PAYLESS CASHWAYS, INC. $.50 par common POSTAL INSTANT PRESS No par common PREMIER RESOURCES, LTD. No par common PRESIDIO OIL COMPANY $.10 par common * Q1 CORPORATION $.01 par common MAYFLOWER CORPORATION No par common RAP I DATA, INC. $.01 par common MERCANTILE BANKSHARES CORPORATION (Maryland) No par cumulative convertible preferred RUSSELL STOVER CANDIES, INC. $1.00 par common MEYER, FRED INC. No par common MID-AMERICA INDUSTRIES, INC. $1.00 par common NBI, INC. $.10 par common NATIONAL OLD LINE INSURANCE COMPANY Class BB, $1.00 par common NEVADA SAVINGS AND LOAN ASSOCIATION $.3277 par capital * * SOUTHLAND BANCORPORATION $2.50 par common SOUTHWESTERN ENERGY COMPANY $2.50 par common * STROTHER DRUG COMPANY $2.00 par common T G BANCSHARES COMPANY $5.00 par common T.I.M.E. - DC, INC. * $2.00 par common * Series A, $10.00 par cumulative convertible preferred Removed for failing continued listing requirement - 8 - UA-COLUMBIA CABLEVISION, INC. $.05 par common UNIT DRILLING & EXPLORATION COMPANY $.20 par common UNITED BANK CORPORATION OF NEW YORK $5.00 par common * UNITED CABLE TELEVISION CORPORATION $.10 par common * WALTER REALTY INVESTORS, INC. $.10 par common WESTERN GEAR CORPORATION $1.00 par common Removed for failing continued listing requirement
@FedFRASER