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G. 16

BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
Washington,D. C. 20551

Summary of Equity Security Transactions and Ownership of Directors,
Officers, and Principal Stockholders of Member State Banks




as Reported Pursuant to Section 16(a) of the
Securities Exchange Act of 1934

February 1978

EXPLANATORY NOTE
Information in this Summary has been drawn from reports on
Form F-8, "Statement of Changes in Beneficial Ownership of Securities,"
filed with the Board of Governors of the Federal Reserve System.

In

the interest of simplification, the Summary omits reported data with
respect to initial holdings (reported on Form F-7), purchases and sales
aggregating less than 50 shares during the month for which the report
is filed, stock splits, stock dividends, rights, and gifts.

The under-

lying reports may be inspected at the Federal Reserve Board offices,
Washington, D. C.

Publication of this information is in no sense a

representation that it is correct or complete.
On the following pages, the name of the bank is followed by
the name of the person reporting and his relationship to the bank.
Unless otherwise indicated, all transactions involve the bank's common
stock.

Any indirect interest (through holding companies, partnerships,

trusts, family ownership, etc.) is shown below the direct interest.
Symbols indicate the nature of the transactions, if other than a
purchase or sale, and the nature of ownership, if other than direct
(see "Guide to Symbols").




GUIDE TO SYMBOLS
Reference to these symbols is essential for a full
and accurate interpretation of the data reported

RELATIONSHIP
"0" - Officer
"D" - Director or person performing similar functions
"B" - Beneficial owner of more than 10 per cent of any registered
equity security of the bank
"V" - Voting trustee
"T" - Trustee
"M" - Member of advisory board or honorary director
CHARACTER OF TRANSACTION
No symbol - Purchase or Sale
"B" - Bequest or Inheritance
"C" - Compensation
"D" - Distribution
"E" - Exchange or Conversion
"F" - Exercise of rights
"G" - Gift
"S" - Stock dividend or stock split
"X" - Exercise of option
NATURE OF OWNERSHIP
No symbol - Securities are beneficially owned directly.
"1" - Securities are directly held, but reporter disclaims any
admission that he is the beneficial owner of the securities.
"2" - Securities are beneficially owned indirectly through a holding
company, partnership, trust, or other intermediary; figures
reported represent the TOTAL transactions and holdings of the
intermediary.
"3" - Same as in "2," except that reporter disclaims any admission
that he is the beneficial owner of the securities.
"4" - Securities are beneficially owned indirectly through a holding
company, partnership, trust, or other intermediary; figures
reported represent the PROPORTIONATE interest of the reporter.
"5" - Same as "4," except that reporter disclaims any admission that
he is the beneficial owner of the securities.
MONTH-END OWNERSHIP
"PR" - Holdings as previously reported.




<

TRANSACTIONS AND MONTH-END OWNERSHIP
Reports included in this summary were filed with the Board of Governors of the
Federal Reserve System during the period from

February 11, 1978

to

March 10, 1978

IMPORTANT - See Guide to Symbols on preceding page

r
gg
cn >

BANK

AGGREGATE
TRANSACTIONS

8 3 Bought or Sold or
DATE
o
cn 3 Otherwise Otherwise
MONTH-END
OF
Acquired Disposed of OWNERSHIP
TRANSACTION

REPORTING PERSON

ii

INDIRECT ACCOUNT

•fBANK OF THE COMMONWEALTH
(Detroit, Michigan)
John C. McCabe

12-22-77
12-27-77

1,000
1,000

2,150

2-24-78

100

500

2- 1-78

440

880

1-24-77

126

2,850

12- 8-77

100

929

D

1-18-78

340

33,000

D

1-30-78

221

2,675

D

BANK OF MID-JERSEY
(Bordentown, New Jersey)
^ Rosemarie Hobson

0

BANK OF SUFFOLK COUNTY
(Stony Brook, New York)
James T. McCarthy
%EAVER TRUST COMPANY (Pennsylvania)
Charles S. MeConnel
Paul E. Scheidmantel
COMMERCIAL TRUST COMPANY OF

NEW JERSEY (Jersey City)
Aaron Last

£EARBORN BANK AND TRUST COMPANY
Michigan)
(Mich
Michael Adray




-2-

FR 6?1
Q ti

BANK
REPORTING PERSON
INDIRECT ACCOUNT

§
I
hj

DATE
OF
TRANSACTION

AGGREGATE
TRANSACTIONS
cn >
Bought or Sold or
hd H Otherwise
Otherwise
cn § Acquires
Disposed of

MONTH-END
OWNERSHIP

t=<
DEARBORN BANK AND TRUST
COMPANY (Con't)
D

Marvin J. Criger

1-30-78

221

1,359
1,000

9-27-77

323

vo
OO CO
-d*

Hugh M. Archer

Thomas H. Enrich

D

1-30-78

221

433

Frank C. Padzieski

D

1-30-78

221

11,014
2,332

1-17-78

200

850

1- 5-78

120

60
4,099

FIRST COMMERCIAL BANK
(Arlington, Virginia)
Lawrence D. Wasko
LIBERTY TRUST COMPANY
OF MARYLAND (Cumberland)
William D. Smith

D

Thomas P. Haywood

D

2-13-78
2-27-78

00 0

£

THE LORAIN COUNTY
SAVINGS & TRUST CO.
(Elyria, Ohio)
441

Robert E. O'Donnell

D

1-17-78

100

658

MANCHESTER STATE BANK
(Connecticut)
Nathan G. Agostinelli D




1-12-78
1-27-78

2
2

100
65

360
1,360

0

-3-

FR 671

REPORTING PERSON
INDIRECT ACCOUNT

I
H
§
1
TJ

DATE
OF
TRANSACTION

TRANSACTION AND
OWNERSHIP SYMBOL

BANK

AGGREGATE
TRANSACTIONS
Sold or
Bought or
Otherwise
Otherwise
Disposed of
Acquires

MONTH-END
OWNERSHIP

THE MERCHANTS BANK OF
NEW YORK (New York City'
18
380

14,782
4,978

11-18-77

1,331

310,285

0

2-I6-78

65

260

D

1-26-78

Charles A. Bowen

D

11-28-77

200

333

Wilfred A. Myers

D

11-18-77

200

353

Adolph J. Stieber

D

11-18-77

100

286

Patrick M. Sullivan

D

11-14-77

200

877

Arthur D. Wolfe

D

11-14-77

200

5,953

Thomas R. Zipfel

OD

11-18-77

120

400

Spencer B. Witty

OD

11-17-77
11-18-77

B

2

METROPOLITAN BANK AND
TRUST COMPANY
(Tampa, Florida)
Edward J. DeBartolo
THE SAVINGS & TRUST
COMPANY OF PENNSYLVANIA
(Indiana)
Raymond E. Calhoun
SEATTLE TRUST & SAVINGS
BANK (Washington)
C. Carey Don-worth

2

850

850

1,620
-0-

THE UNION BANK AND
SAVINGS COMPANY
(Bellevue, Ohio)




-4-

PR 671

Q
BANK
REPORTING PERSON
INDIRECT ACCOUNT

§
B
hd

DATE
OF
TRANSACTION

W CO
CO >
hd H
03 §

AGGREGATE
TRANSACTIONS
Bought or Sold or
Otherwise Otherwise
Disposed of
Acquires

MONTH-END
OWNERSHIP

9
UNITED COUNTIES TRUST
COMPANY (Elizabeth,
New Jersey)
John A. McManus

D

799
100
201

1- 9-78
1-18-78
2-16-78

3,309
2,868

UNITED STATES TRUST
COMPANY OF NEW YORK
(New York City)
Frederick K. Trask,Jr.

1-26-78

200

1,500
1,000

WYANDOTTE SAVINGS BANK
(Michigan)
Joseph Gorno, Sr.

D

1-25-78
2-17-78

470
137

L. Manart Johnson

D

2- 7-78

200




7,483
2,530
865