[Federal Register Volume 60, Number 146 (Monday, July 31, 1995)]
[Rules and Regulations]
[Pages 38948-38952]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-18743]



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FEDERAL RESERVE SYSTEM

12 CFR Parts 207, 220, 221 and 224

[Regulations G, T, U and X]


Securities Credit Transactions; List of Marginable OTC Stocks; 
List of Foreign Margin Stocks

AGENCY: Board of Governors of the Federal Reserve System.

ACTION: Final rule; determination of applicability of regulations.

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SUMMARY: The List of Marginable OTC Stocks (OTC List) is composed of 
stocks traded over-the-counter (OTC) in the United States that have 
been determined by the Board of Governors of the Federal Reserve System 
to be subject to the margin requirements under certain Federal Reserve 
regulations. The List of Foreign Margin Stocks (Foreign List) is 
composed of foreign equity securities that have met the Board's 
eligibility criteria under Regulation T. The OTC List and the Foreign 
List are published four times a year by the Board. This document sets 
forth additions to and deletions from the previous OTC List. There are 
no additions to or deletions from the previous Foreign List.

EFFECTIVE DATE: August 14, 1995.

FOR FURTHER INFORMATION CONTACT: Peggy Wolffrum, Securities Regulation 
Analyst, Division of Banking Supervision and Regulation, (202) 452-
2781, Board of Governors of the Federal Reserve System, Washington, 
D.C. 20551. For the hearing impaired only, contact Dorothea Thompson, 
Telecommunications Device for the Deaf (TDD) at (202) 452-3544.

SUPPLEMENTARY INFORMATION: Listed below are additions to and deletions 
from the OTC List, which was last published on April 24, 1995 (60 FR 
20005), and became effective May 8, 1995. A copy of the complete OTC 
List is available from the Federal Reserve Banks.
    The OTC List includes those stocks that meet the criteria in 
Regulations G, T and U (12 CFR Parts 207, 220 and 221, respectively). 
This determination also affects the applicability of Regulation X (12 
CFR Part 224). These stocks have the degree of national investor 
interest, the depth and breadth of market, and the availability of 
information respecting the stock and its issuer to warrant regulation 
in the same fashion as exchange-traded securities. The OTC List also 
includes any OTC stock designated for trading in the national market 
system (NMS security) under rules approved by the Securities and 
Exchange Commission (SEC). Additional OTC stocks may be designated as 
NMS securities in the interim between the Board's quarterly 
publications. They will become automatically marginable upon the 
effective date of their NMS designation. The names of these stocks are 
available at the SEC and at the National Association of Securities 
Dealers, Inc. and will be incorporated into the Board's next quarterly 
publication of the OTC List.
    There are no new additions, deletions or changes to the Board's 
Foreign List, which was last published on April 24, 1995 (60 FR 20005), 
and which became effective May 8, 1995. This notice serves as 
republication of that List with a new effective date of August 14, 
1995. The Foreign List includes those foreign securities that meet the 
criteria in section 220.17 of Regulation T and are eligible for margin 
treatment at broker-dealers on the same basis as domestic margin 
securities. A copy of the complete Foreign List is available from the 
Federal Reserve Banks.

Public Comment and Deferred Effective Date

    The requirements of 5 U.S.C. 553 with respect to notice and public 
participation were not followed in connection with the issuance of this 
amendment due to the objective character of the criteria for inclusion 
and continued inclusion on the Lists specified in 12 CFR 207.6 (a) and 
(b), 220.17 (a), (b), (c) and (d), and 221.7 (a) and (b). No additional 
useful information would be gained by public participation. The full 
requirements of 5 U.S.C. 553 with respect to deferred effective date 
have not been followed in connection with the issuance of this 
amendment because the Board finds that it is in the public interest to 
facilitate investment and credit decisions based in whole or in part 
upon the composition of these Lists as soon as possible. The Board has 
responded to a request by the public and allowed approximately a two-
week delay before the Lists are effective.

List of Subjects

12 CFR Part 207

    Banks, Banking, Credit, Margin, Margin requirements, National 
Market System (NMS Security), Reporting and recordkeeping requirements, 
Securities.

12 CFR Part 220

    Banks, Banking, Brokers, Credit, Margin, Margin requirements, 
Investments, National Market System (NMS Security), Reporting and 
recordkeeping requirements, Securities.

12 CFR Part 221

    Banks, Banking, Credit, Margin, Margin requirements, National 
Market System (NMS Security), Reporting and recordkeeping requirements, 
Securities.

12 CFR Part 224

    Banks, Banking, Borrowers, Credit, Margin, Margin requirements, 
Reporting and recordkeeping requirements, Securities.

    Accordingly, pursuant to the authority of sections 7 and 23 of the 
Securities Exchange Act of 1934, as amended (15 U.S.C. 78g and 78w), 
and in accordance with 12 CFR 207.2(k) and 207.6 (Regulation G), 12 CFR 
220.2(u) and 220.17 (Regulation T), and 12 CFR 221.2(j) and 221.7 
(Regulation U), there is set forth below a listing of deletions from 
and additions to the OTC List.

[[Page 38949]]


Deletions From the List of Marginable OTC Stocks

Stocks Removed For Failing Continued Listing Requirements

ACTION PERFORMANCE COMPANIES, INC.
    Warrants (expire 04-27-98)
ALL FOR A DOLLAR, INC.
    $.01 par common
ALPHA 1 BIOMEDICALS, INC.
    $.001 par common Class C, warrants (expire 02-28-97)
ARCUS, INC.
    $.01 par common
BIOMEDICAL WASTE SYSTEMS, INC.
    Class B, warrants (expire 06-04-96)
BIOMIRA, INC.
    Rights (expire 06-02-95)
BPI PACKAGING TECHNOLOGIES, INC.
    Class A, warrants (expire 06-16-95)
CAPITAL GAMING INTERNATIONAL, INC.
    No par common
CELLCOR, INC.
    $.01 par common
CHINATEK, INC.
    $.001 par common
COMCENTRAL CORPORATION
    $.02 par common
CRAY COMPUTER CORPORATION
    $01 par common
DATEQ INFORMATION NETWORK, INC.
    $.01 par common
EL PASO ELECTRIC COMPANY
    No par common
ENVIRONMENTAL TECHNOLOGIES CORP.
    Warrants (expire 07-20-95)
F & M DISTRIBUTORS, INC.
    $.01 par common
FIRST COMMERCIAL BANCORP, INC.
    $.01 par common
FRANKLIN OPHTHALMIC INSTRUMENTS COMPANY, INC.
    $.001 par common
FREYMILLER TRUCKING, INC.
    $.01 par common
FUTURE HEALTHCARE, INC.
    No par common
GOLDEN SYSTEMS, INC.
    No par common
GOTHAM APPAREL CORPORATION
    $.001 par common
HUBCO, INC.
    Series A, $24.00 stated value preferred
INTERACTIVE NETWORK, INC.
    No par common
INTERNATIONAL RESEARCH AND DEVELOPMENT CORPORATION
    $.50 par common
JENNIFER CONVERTIBLES, INC.
    $.01 par common
LIDAK PHARMACEUTICALS
    Class C, warrants (expire 05-26-95)
MEDICIS PHARMACEUTICAL CORPORATION
    Class C, warrants (expire 04-10-95)
NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIP
    Depositary Receipts
NOBLE DRILLING CORPORATION
    $2.25 par convertible exchangeable preferred
OCTAGON, INC.
    $.01 par common Class A, warrants (expire 02-16-99)
ONCOR, INC.
    $.01 par common
PACIFIC BASIN BULK SHIPPING LTD.
    Units (expire 09-30-99)
PHOTONICS CORPORATION
    $.001 par common
PRODUCERS ENTERTAINMENT GROUP LTD., THE
    $.001 par common
RIMAGE CORPORATION
    Warrants (expire 07-20-95)
SCIENTIFIC SOFTWARE-INTERCOMP
    No par common
SELECT MEDIA COMMUNICATIONS, INC.
    $.001 par common
SLM INTERNATIONAL, INC.
    $.01 par common
SPECTRUM INFORMATION TECHNOLOGIES INC.
    No par common
STAPLES, INC.
    5% convertible subordinated debentures
STUARTS DEPARTMENT STORES, INC.
    $.01 par common
SUNRISE TECHNOLOGIES INTERNATIONAL, INC.
    No par common
SWING-N-SLIDE CORPORATION
    $.01 par common
TCF FINANCIAL CORPORATION
    Series A, noncumulative perpetual preferred Warrants (expire 07-01-
95)
TRANS-INDUSTRIES, INC.
    $.10 par common
U. S. WIRELESS DATA, INC.
    Class A, $.01 par common
UNIMARK GROUP, INC.
    Warrants (expire 08-12-99)
UNR INDUSTRIES, INC.
    Warrants (expire 06-14-95)
VARI-L COMPANY, INC.
    Warrants (expire 04-20-97)
VENTURA COUNTY NATIONAL BANCORP
    Rights (expire 06-21-95)
XENOVA GROUP
    American Depositary Receipts (Units expire 07-08-95)
XPLOR CORPORATION
    $.01 par common
Stocks Removed for Listing on a National Securities Exchange or Being 
Involved in an Acquisition

ADESA CORPORATION
    No par common
ALIAS RESEARCH INC.
    No par common
ALLEGHENY & WESTERN ENERGY CORP.
    $.01 par common
AMERICAN RECREATION CENTERS, INC.
    No par common
AMERICAN SAVINGS OF FLORIDA, FSB
    $.01 par common
BANCORP NEW JERSEY, INC.
    $.01 par common
BANK MARYLAND CORP.
    $.05 par common
BEST POWER TECHNOLOGY, INC.
    $.01 par common
BESTOP, INC.
    $.002 par common
BROADCAST INTERNATIONAL, INC.
    $.10 par common
BROADCASTING PARTNERS, INC.
    Class A, $.01 par common
CAREERSTAFF UNLIMITED, INC.
    $.0001 par common
CASINO & CREDIT SERVICES, INC.
    $.001 par common
CENTRAL MORTGAGE BANCSHARES, INC.
    $1.00 par common
CHESAPEAKE ENERGY CORPORATION
    $.01 par common
CONTEL CELLULAR, INC.
    Class A, $1.00 par common
CORAL GABLES FEDCORP, INC.
    $.01 par common
CROCKER REALTH INVESTORS, INC.
    $.001 par common
DEERBANK CORPORATION
    $1.00 par common
DEKALB ENERGY COMPANY
    Class B, no par common
DEWOLFE COMPANIES, INC., THE
    $.01 par common
EASEL CORPORATION
    $.01 par common
EB, INC.
    $2.00 par common
ENVIROQ CORPORATION
    $.44 par common
ENVOY CORPORATION
    $1.00 par common
FF BANCORP, INC. (Florida)
    $1.00 par common
FIRST SOUTHERN BANCORP, INC.
    No par common
FLAIR CORPORATION
    $.01 par common
GLYCOMED INCORPORATED
    No par common
GOLDENBANKS OF COLORADO, INC.
    $.05 par common
GRAY COMMUNICATIONS SYSTEMS, INC.
    No par common
HCC INSURANCE HOLDINGS, INC.
    $1.00 par common 

[[Page 38950]]

HOMEDCO GROUP, INC.
    $.01 par common
INFINITY BROADCASTING CORPORATION
    Class A, $.002 par common
INTERTRANS CORPORATION
    No par common
INVESTORS BANK CORPORATION
    $.01 par common
KEYSTONE HERITAGE GROUP, INC.
    $5.00 par common
LAKELAND FIRST FINANCIAL GROUP
    $.10 par common
LEASEWAY TRANSPORTATION CORP.
    $.01 par common
LOTUS DEVELOPMENT CORPORATION
    $.01 par common
NAC-RE CORPORATION
    $.10 par common
NFS FINANCIAL CORPORATION
    $.01 par common
NUVISION, INC.
    $.50 par common
OLD YORK ROAD BANCORP, INC.
    $1.00 par common
OLYMPUS CAPITAL CORP.
    $1.00 par common
OSHMAN'S SPORTING GOODS, INC.
    $1.00 par common
PACO PHARMACEUTICAL SERVICES, INC.
    $.01 par common
PARK COMMUNICATIONS, INC.
    $.16\2/3\ par common
PETROLANE INCORPORATED
    Class B, $.01 par common
PETSTUFF INC.
    $.01 par common
PHARMACY MANAGEMENT SERVICES
    $.01 par common
PLAINS SPIRIT FINANCIAL CORP.
    $.01 par common
PONCEBANK
    $1.00 par common
RE CEPITAL CORPORATION
    $.10 par common
REHABILITY CORPORATION
    $.01 par common
RENAISSANCE COMMUNICATIONS CORP.
    $.01 par common
SHURGARD STORAGE CENTERS, INC.
    Class A, $.01 par common
SKYBOX INTERNATIONAL INC.
    $.01 par common
THOMAS NELSON, INC.
    $1.00 par common
TRANSMEDIA NETWORK, INC.
    $.02 par common
VICTORIA FINANCIAL CORPORATION
    $.01 par common
WATTS INDUSTRIES, INC.
    Class A, $.10 par common
WAVEFRONT TECHNOLOGIES, INC.
    No par common
WCT COMMUNICATIONS, INC.
    No par common
WHITMAN MEDICAL CORPORATION
    No par common
WILEY, JOHN & SONS, INC.
    Class A, $1.00 par common
    Class B, $1.00 par common
ZILOG, INC.
    No par common
Additions to the OTC List

1ST BANCORP (Indiana)
    $1.00 par common
ACCUGRAPH CORPORATION
    Class A, No par common
ACT NETWORKS, INC.
    $.01 par common
AG ASSOCIATES, INC.
    No par common
AG-CHEM EQUIPMENT CO., INC.
    $.01 par common
AGRIUM INC.
    No par common
ALGOMA STEEL, INC.
    No par common
ALLERGAN LIGAND RETINOID THERAPEUTICS
    Units (expire 06-05-97)
AMERICAN HEALTH PROPERTIES, INC.
    No par depositary shares
AMERICAN ONCOLOGY RESOURCES, INC.
    $.01 par common
AMERICAN RADIO SYSTEMS CORPORATION
    Class A, $.01 par common
ANADIGICS, INC.
    $.01 par common
APPS DENTAL, INC.
    $.01 par common
ARCSYS, INC.
    $.0001 par common
ARGOSY GAMING COMPANY
    12% convertible subordinated debentures
ASB FINANCIAL CORPORATION
    No par common
BAAN COMPANY NV
    NLG .02 par common
BDM INTERNATIONAL, INC.
    $.01 par common
BELMONT BANCORP (Ohio)
    $.50 par common
BELMONT HOMES, INC.
    $.10 par common
BNCCORP, INC.
    $.01 par common
BROCKWAY STANDARD HOLDINGS CORPORATION
    $.01 par common
BUCYRUS-ERIE COMPANY
    $.01 par common
BUSINESS RESOURCE GROUP
    $.01 par common
BYRON PREISS MULTIMEDIA COMPANY, INC.
    $.001 par common
C. P. CLARE CORPORATION
    $.01 par common
CALIFORNIA MICRO DEVICES CORPORATION
    No par common
CARETENDERS HEALTH CORPORATION
    $.10 par common
CAROLINA SOUTHERN BANK
    $5.00 par common
CHAMPION ROAD MACHINERY, LTD.
    No par common
CHICAGO MINIATURE LAMP, INC.
    $.01 par common
CKF BANCORP, INC. (Kentucky)
    $.01 par common
COHESANT TECHNOLOGIES, INC.
    $.001 par common
COLUMBIA BANCORP
    $.01 par common
COMMUNITY FINANCIAL CORPORATION
    $.01 par common
COMPUTER LEARNING CENTERS, INC.
    $.01 par common
CONTINENTAL INFORMATION SYSTEMS CORPORATION
    $.01 par common
COOPER CAMERON CORPORATION
    $.01 par common
COUNSEL CORPORATION
    No par common
CRA MANAGED CARE, INC.
    $.01 par common
DATALOGIX INTERNATIONAL, INC.
    $.01 par common
DAVE & BUSTER'S, INC.
    $.01 par common
DENDRITE INTERNATIONAL, INC.
    No par common
DESWELL INDUSTRIES, INC.
    $.01 par common
    Warrants (expire 07-19-2000)
DETOMASO INDUSTRIES, INC.
    $2.50 par common
DIASYS CORPORATION
    $.001 par common
DIGITAL RECORDERS, INC.
    $.10 par common
DISCREET LOGIC, INC.
    No par common
DOVE AUDIO, INC.
    $.01 par common
EAGLE POINT SOFTWARE CORPORATION
    $.01 par common
ECHOSTAR COMMUNICATIONS CORPORATION
    Class A, $.01 par common
ELCOTEL, INC.
    $.01 par common
ELECTRONICS, MISSILES & COMMUNICATIONS, INC.
    $.01-2/3 par common
ENVOY CORPORATION
    No par common
ERD WASTE CORPORATION
    $.001 par common
EXOGEN INC.
    $.0001 par common 

[[Page 38951]]

FEI COMPANY
    No par common
FIDELITY FEDERAL BANCORP
    No par common
FINANCING FOR SCIENCE INTERNATIONAL INC.
    Warrants (expire 05-19-99)
FIREFOX COMMUNICATIONS, INC.
    $.001 par common
FIRST BELL BANCORP, INC. (Pennsylvania)
    $.01 par common
FIRST MUTUAL BANCORP, INC.
    $.01 par common
FIRST WASHINGTON REALTY TRUST, INC.
    $.01 par common
    Series A, cumulative convertible preferred
FNB FINANCIAL SERVICES CORPORATION
    $1.00 par common
FORT BEND HOLDING CORPORATION
    $.01 par common
FRANKLIN FIRST BANCORP, INC. (Kentucky)
    $.01 par common
GAME FINANCIAL CORPORATION
    $.01 par common
GARDEN FRESH RESTAURANT CORPORATION
    $.01 par common
GARDEN RIDGE CORPORATION
    $.01 par common
GATEWAY BANCORP, INC. (Kentucky)
    $.01 par common
GENERAL CABLE PLC
    American Depositary Shares
GLENWAY FINANCIAL CORPORATION
    $.01 par common
GREAT AMERICAN BANCORP, INC. (Illinois)
    $.01 par common
GREAT BAY POWER CORPORATION
    $.01 par common
GREAT TRAIN STORE COMPANY, THE
    $.01 par common
HABERSHAM BANCORP (Georgia)
    $1.00 par common
HARDINGE, INC.
    $.01 par common
HARMONIC LIGHTWAVES, INC.
    $.001 par common
HARVEST HOME FINANCIAL CORPORATION
    No par common
HF BANCORP, INC. (California)
    $.01 par common
HIGHWAYMASTER COMMUNICATIONS, INC.
    $.01 par common
HNC SOFTWARE, INC.
    $.001 par common
HOWTEK INC.
    $.01 par common
HUDSON TECHNOLOGIES, INC.
    $.01 par common
    Warrants (expire 11-02-99)
IKOS SYSTEMS, INC.
    $.01 par common
IMNET SYSTEMS, INC.
    $.01 par common
INFERENCE CORPORATION
    Class A, No par common
INSTENT, INC.
    $.01 par common
INTEGRATED COMMUNICATION NETWORK, INC.
    $.01 par common
INTERACTIVE GROUP, INC.
    $.001 par common
INTERNATIONAL MUREX TECHNOLOGIES CORPORATION
    No par common
INTRAV, INC.
    $.01 par common
IRATA, INC.
    Class A, $.10 par common
JAMES RIVER BANKSHARES, INC.
    $5.00 par common
LASER FRIENDLY INC.
    No par common
LEGATO SYSTEMS, INC.
    $.0001 par common
LETCHWORTH INDEPENDENT BANCSHARES CORPORATION
    $1.00 par common
LINCOLN ELECTRIC COMPANY, THE
    No par common
    Class A, no par common
MADISON BANCSHARES GROUP, LTD.
    $1.00 par common
MARTIN INDUSTRIES, INC.
    $.01 par common
MAXIS, INC.
    $.0001 par common
MAXUS ENERGY CORPORATION
    $4.00 par cumulative convertible preferred
MERIT HOLDING CORPORATION
    $2.50 par common
METRA BIOSYSTEMS, INC.
    $.01 par common
MFS COMMUNICATIONS COMPANY, INC.
    Depositary Shares
MICROS-TO-MAINFRAMES, INC.
    $.001 par common
    Warrants (expir 10-26-97)
MIDCOM COMMUNICATIONS, INC.
    $.0001 par common
MIRAMAR MINING CORPORATION
    No par common
MOBLEMEDIA CORPORATION
    $.001 par common
MYSOFTWARE COMPANY
    $.001 par common
NAL FINANCIAL GROUP, INC.
    $.15 par common
NERA AS
    American Depositary Receipts
NETWORK EXPRESS, INC.
    No par common
NEXGEN, INC.
    $.0001 par common
NORTHEAST INDIANA BANCORP, INC.
    $.01 par common
NORTHWEST EQUITY CORPORATION
    $1.00 par common
NOVADIGM INC.
    $.01 par common
NUMBER NINE VISUAL TECHNOLOGY CORPORATION
    $.01 par common
NUTRITION FOR LIFE INTERNATIONAL, INC.
    $.01 par common
    Warrants (expire 07-10-98)
NYNEX CABLECOMMS GROUP PLC
    American Depositary Receipts
OCCUSYSTEMS, INC.
    $.01 par common
ONTRAK SYSTEMS, INC.
    No par common
OPAL, INC.
    $.01 par common
ORAVAX, INC.
    $.001 par common
OSHAP TECHNOLOGIES LTD.
    Rights
PARADIGM TECHNOLOGY, INC.
    $.01 par common
PERFORMANCE SYSTEMS INTERNATIONAL, INC.
    $.01 par common
PHOENIX GOLD INTERNATIONAL, INC.
    No par common
PHOENIX SHANNON PLC
    American Depositary Receipts
PIONEER COMPANIES, INC.
    Class A, $.01 par common
PIXTECH, INC.
    $.01 par common
PLAINTREE SYSTEMS, INC.
    No par common
PLAY BY PLAY TOYS & NOVELTIES, INC.
    No par common
PREMIER LASER SYSTEMS, INC.
    Class A, No par common
    Class A, warrants (expire 11-30-99)
    Class B, warrants (expire 11-30-99)
PRINS RECYCLING CORPORATION
    $.001 par common
PROGRAMMER'S PARADISE, INC.
    $.01 par common
REPUBLIC ENGINEERED STEELS, INC.
    $.01 par common
REPUBLIC ENVIRONMENTAL SYSTEMS, INC.
    $.01 par common
RESMED, INC.
    $.004 par common
RESOURCE MORTGAGE CAPITAL, INC.
    Series A, $.01 par convertible preferred
RESURGENCE PROPERTIES, INC.
    $.01 par common
ROCKFORD INDUSTRIES, INC.
    No par common
ROSE'S STORES, INC. 

[[Page 38952]]

    No par common
ROYCE LABORATORIES, INC.
    $.005 par common
RTW, INC.
    No par common
SCANSOURCE, INC.
    No par common
SDNB FINANCIAL CORP.
    Rights
SEER TECHNOLOGIES, INC.
    $.01 par common
SEROLOGICALS CORPORATION
    $.01 par common
SFS BANCORP, INC. (New York)
    $.01 par common
SGV BANCORP, INC. (California)
    $.01 par common
SINCLAIR BROADCAST GROUP, INC.
    Class A, $.01 par common
SITEL CORPORATION
    $.001 par common
SOS STAFFING SERVICES, INC.
    $.01 par common
SOUTHLAND CORPORATION, THE
    $.0001 par common
SOVEREIGN BANCORP, INC. (Pennsylvania)
    Series B, 6\1/4\% cumulative convertible preferred
SPINE-TECH, INC.
    $.01 par common
SPYGLASS, INC.
    $.01 par common
STORMEDIA INCORPORATED
    Class A, $.013 par common
STUDIO PLUS HOTELS, INC.
    $.01 par common
SUN INTERNATIONAL HOTELS LTD.
    Series B, common
SYMETRICS INDUSTRIES, INC.
    $.25 par common
TAITRON COMPONENTS INC.
    Class A, $.001 par common
TELE-COMMUNICATIONS INTERNATIONAL, INC.
    Class A, $1.00 par common
TELE-COMMUNICATIONS, INC.
    Series A, Liberty Media Group ( $1.00 par common)
TELTREND INC.
    $.01 par common
TRANSWITCH CORPORATION
    $.001 par common
TSX CORPORATION
    $.01 par common
UNIMARK GROUP, INC., THE
    $.01 par common
UNITED COMPANIES FINANCIAL CORPORATION
    $2.00 par convertible preferred
UNITED SECURITY BANCORPORATION (Washington)
    No par common
US ORDER, INC.
    $.001 par common
US-CHINA INDUSTRIAL EXCHANGE, INC.
    $.01 par common
USDATA CORPORATION
    $.01 par common
    Rights
UUNET TECHNOLOGIES, INC.
    $.001 par common
VIDAMED, INC.
    $.001 par common
VIDEO UPDATE, INC.
    Class A, $.01 par common
    Class A, warrants (expire 07-20-99)
    Class B, warrants (expire 07-20-99)
VIDEOSERVER, INC.
    $.01 par common
VISTA BANCORP, INC. (New Jersey)
    $.50 par common
VOXEL
    No par common
WEITZER HOMEBUILDERS, INC.
    Class A, $.01 par common
WESTERN POWER & EQUIPMENT CORPORATION
    $.001 par common
WOOD BANCORP, INC. (Ohio)
    $.01 par common
YARDVILLE NATIONAL BANCORP
    No par common

    By order of the Board of Governors of the Federal Reserve System, 
acting by its Director of the Division of Banking Supervision and 
Regulation pursuant to delegated authority (12 CFR 265.7(f)(10)), July 
25, 1995.
William W. Wiles,
Secretary of the Board.
[FR Doc. 95-18743 Filed 7-28-95; 8:45am]
BILLING CODE 6210-01-P