[Federal Register Volume 63, Number 130 (Wednesday, July 8, 1998)]
[Notices]
[Page 36975]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-18055]


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SECURITIES AND EXCHANGE COMMISSION


Issuer Delisting; Notice of Application to Withdraw From Listing 
and Registration; (Met-Pro Corporation, Common Stock, $.10 Par Value) 
File No. 1-7763

July 1, 1998.
    Met-Pro Corporation (``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 
security (``Security'') from listing and registration on the American 
Stock Exchange, Inc. (``Amex'' or ``Exchange'').
    The reasons cited in the application for withdrawing the Security 
from listing and registration include the following:
    The Security of Met-Pro Corporation (``Company'') has been listed 
for trading on the Amex and, pursuant to a Registration Statement on 
Form 8-A which became effective on June 18, 1998, the New York Stock 
Exchange, Inc. (``NYSE''). Trading in the Company's Security on the 
NYSE commenced at the opening of business on June 18, 1998, and 
concurrently therewith such Security was suspended from trading on the 
Amex.
    The Company has complied with Rule 18 of the Amex by filing with 
such Exchange a certified copy of the resolutions adopted by the 
Company's Board of Directors authorizing the withdrawal of its Security 
from listing on the Amex and by setting forth in detail to such 
Exchange the reasons for such proposed withdrawal, and the facts in 
support thereof. In deciding to withdraw its security from listing on 
the Amex, the Company determined that, due to the potential increase in 
liquidity and visibility, it is in the best interests of the Company to 
list the Security for trading on the NYSE.
    By letter dated June 10, 1998, the Exchange informed the Company 
that it had no objection to the withdrawal of the Company's Security 
from listing on the Amex.
    By reason of Section 12 of the Act and the rules and regulations 
thereunder, the Company shall continue to be obligated to file reports 
under Section 13 of the Act with the Commission and the NYSE.
    Any interested person may, on or before July 22, 1998, submit by 
letter to the Secretary of the Securities and Exchange Commission, 450 
Fifth Street, NW., Washington, DC 20549, facts bearing upon whether the 
application has been made in accordance with the rules of the Exchange 
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. 98-18055 Filed 7-7-98; 8:45 am]
BILLING CODE 8010-01-M