[Federal Register Volume 61, Number 136 (Monday, July 15, 1996)]
[Notices]
[Page 36944]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-17934]


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SECURITIES AND EXCHANGE COMMISSION

Issuer Delisting; Notice of Application to Withdraw From Listing 
and Registration; (Penn Engineering & Manufacturing Corp., Common 
Stock, $.01 Par Value; Class A Common Stock, $.01 Par Value) File No. 
1-5356

July 9, 1996.
    Penn Engineering & Manufacturing Corp. (``Company'') has filed an 
application with the Securities and Exchange Commission 
(``Commission''), pursuant to Section 12(d) of the Securities Exchange 
Act of 1934 (``Act'') and Rule 12d2-2(d) promulgated thereunder, to 
withdraw the above specified securities (``Securities'') from listing 
and registration on the American Stock Exchange, Inc. (``Amex'').
    The reasons alleged in the application for withdrawing the 
Securities from listing and registration include the following:
    According to the Company, it has listed the Security with the New 
York Stock Exchange, Inc. (``NYSE''). In making the decision to 
withdraw the Securities from listing on the Amex, the Company 
considered that, in order to avoid the direct and indirect costs and 
the division of the market resulting from dual listing of the 
Securities on the Amex and the NYSE, it was in its best interest to 
delist and suspend the trading of the Securities on the Amex upon the 
admission of the Securities to trading on the NYSE.
    Any interested person may, on or before July 30, 1996, submit by 
letter to the Secretary of the Securities and Exchange Commission, 450 
Fifth Street, N.W., Washington, D.C. 20549, facts bearing upon whether 
the application has been made in accordance with the rules of the 
exchanges and what terms, if any, should be imposed by the Commission 
for the protection of investors. The Commission, based on the 
information submitted to it, will issue an order granting the 
application after the date mentioned above, unless the Commission 
determines to order a hearing on the matter.

    For the Commission, by the Division of Market Regulation, 
pursuant to delegated authority.
Jonathan G. Katz,
Secretary.
[FR Doc. 96-17934 Filed 7-12-96; 8:45 am]
BILLING CODE 8010-01-M