Rev. Rul. 68-120
Rev. Rul. 68-120; 1968-1 C.B. 518
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- LanguageEnglish
- Tax Analysts Electronic Citationnot available
Citations: Rev. Rul. 68-120; 1968-1 C.B. 518
Superseded by Rev. Rul. 68-406
The Internal Revenue Service has determined as of January 19, 1968, that additional firms and custodians have qualified as participating firms and participating custodians under section 4918 of the Internal Revenue Code of 1954 (relating to the interest equalization tax). A list of prior participating custodians whose status had been terminated as of January 19, 1968, corrections of prior participating firms or custodians, and firms that have participated during a specific period is included. This Revenue Ruling supplements the lists previously published in Revenue Ruling 67-300, C.B. 1967-2, 389.
Any firm or custodian listed below may subsequently have its status as a participating firm or participating custodian terminated, if it files a written request for such purpose with the Secretary or his delegate, or if the Secretary or his delegate has reasonable cause to believe such firm or custodian is failing to comply with the provisions of chapter 41 of the Code (relating to the interest equalization tax) and with the documentation, recordkeeping, reporting, and auditing requirements prescribed by the Secretary of the Treasury or his delegate.
Listed below are the additional participating firms that had qualified as of January 19, 1968:
Participating firms Effective date
Abroms & Co., Inc., New Orleans, La October 7, 1967.
Adams-Fastnow Company, Los Angeles, Calif September 20, 1967.
Allison-Williams Co., Minneapolis, Minn August 29, 1967.
Anderson (A. W.) & Co., Dallas, Tex September 26, 1967.
Andrews (Arnold) Company (The), Newark, N.J. September 2, 1967.
Barrett (John E.) & Co., Inc., New York, N.Y November 21, 1967.
Beebe, Lavalle & Rude, Inc., Houston, Tex November 2, 1967.
Bellamah, Neuhauser & Barret, Inc., October 3, 1967.
Washington, D.C.
Bishop & Son, Inc., New York, N.Y September 1, 1967.
Blalack/Wells/Assoc., Inc., San Marino, Calif January 17, 1968.
Bond, Richman & Co., New York, N.Y October 7, 1967.
Booker Brothers, Inc., Wilkes-Barre, Pa November 21, 1967.
Breck, McNeish & Nagle, Inc., Boston, Mass December 5, 1967.
Brimberg & Co., New York, N.Y September 6, 1967.
Brounoff & Co., New York, N.Y September 20, 1967.
Brown & Co., Boston, Mass September 1, 1967.
Brown (J. Howard), New York, N.Y September 2, 1967.
Brukenfeld, Mitchell & Co., New York, N.Y January 3, 1968.
Burbank & Company, Inc., Boston, Mass November 13, 1967.
Burgwin & Co., Pittsburgh, Pa September 2, 1967.
Burke, Lawton & Co., Philadelphia, Pa January 10, 1968.
California Investors, Inc., Los Angeles, Calif September 26, 1967.
Cantor, Fitzgerald & Co., Inc., Beverly Hills, September 20, 1967.
Calif.
Carolina Securities Corp., Raleigh, N.C October 3, 1967.
Carr Securities Corp., New York, N.Y September 20, 1967.
Cass (Quincy) Assoc., Inc., Los Angeles, Calif October 7, 1967.
Chiles & Company, Omaha, Nebr September 2, 1967.
City Securities Corp., Indianapolis, Ind September 1, 1967.
Cohon (Morris) & Co., New York, N.Y November 21, 1967.
Conrad & Company, Inc., Hyattsville, Md September 2, 1967.
Contes & Company, Long Island City, N.Y September 9, 1967.
Conway Brothers Inc., Des Moines, Iowa September 20, 1967.
Craigie (F. W.) & Co., Inc., Richmond, Va September 14, 1967.
Cullen (Thomas W.) Jr., New York, N.Y August 30, 1967.
Cutter & Dixon, New York, N.Y October 3, 1967.
Diversified Planning Corp., Beverly Hills, October 3, 1967.
Calif.
Dixon Bretscher Noonan, Inc., Springfield, Ill November 14, 1967.
Donald & Co., New York, N.Y November 6, 1967.
Duncan (Calvin E.) & Co., San Francisco, September 9, 1967.
Calif.
Dunhill Securities Corp., New York, N.Y January 3, 1968.
Dwyer & Co., San Francisco, Calif November 2, 1967.
Edelstein, Campbell & Co., San Francisco, September 20, 1967.
Calif.
Equisec Canada Inc., Wilmington, Del September 25, 1967.
Estes & Company, Inc., Topeka, Kans September 2, 1967.
Eustis (George) & Co., Cincinnati, Ohio September 9, 1967.
Fairman & Co., Los Angeles, Calif November 21, 1967.
Faulkner, Dawkins & Sullivan, New York, N.Y. November 6, 1967.
Feiner (J. P.) Co., New York, N.Y October 3, 1967.
Feldman (Arnold) Co., New York, N.Y December 8, 1967.
Ferris & Company, Washington, D.C August 29, 1967.
First Continental Securities, Inc., Dallas, Tex September 6, 1967.
First Securities Company of Chicago, Chicago, November 2, 1967.
Ill.
Foster & Marshall Inc., Seattle, Wash September 6, 1967.
Franklin (Samuel B.) & Co., Inc., Los Angeles, October 3, 1967.
Calif.
Freeman & Co., New York, N.Y September 20, 1967.
Fulton, Reid & Staples, Inc., Cleveland, Ohio September 1, 1967.
Gage-Wiley & Co., Inc., Springfield, Mass September 14, 1967.
Gatti (Alexander P.) Investments, Fresno, November 2, 1967.
Calif.
Gee (Hugh) Assoc., Inc., San Francisco, Calif October 3, 1967.
Gliddin, Morris & Co., New York, N.Y August 30, 1967.
Goldberg (H. L.) & Co., New York, N.Y August 30, 1967.
Gormican & Homuth, Inc., Fond Du Lac, Wis November 30, 1967.
Grad (William), New York, N.Y August 29, 1967.
Greene and Company, New York, N.Y September 2, 1967.
Grosvenor Securities, Inc., New York, N.Y November 2, 1967.
Guerin (J. P.) & Company, Los Angeles, Calif November 2, 1967.
Haas Securities Corp., New York, N.Y August 30, 1967.
Haberman Bros., New York, N.Y September 20, 1967.
Halle (Will. S.) & Company, Cleveland, Ohio September 20, 1967.
Halpern, Iugallinera & Weinberg, New York, N.Y. September 1, 1967.
Harper (Wm. P.) & Son & Co., Seattle, Wash November 2, 1967.
Hess, Grant & Remington, Inc., Philadelphia, Pa September 2, 1967.
Hettleman & Co., New York, N.Y September 1, 1967.
Hodgdon, Haight & Co., Inc., Washington, D.C September 9, 1967.
Holescher (Sherman) & Co., San Francisco, November 2, 1967.
Calif.
Holt & Collins, San Francisco, Calif October 7, 1967.
Holt & Company, San Francisco, Calif November 2, 1967.
Hopp & Co., Passaic, N.J November 2, 1967.
Hughbanks, Inc., Seattle, Wash August 29, 1967.
Investment Planning Assoc., Inc., Corsicana, September 26, 1967.
Tex.
Jacobs (Sidney) Co., New York, N.Y September 1, 1967.
Jefferies & Company, Inc., Los Angeles, Calif November 17, 1967.
Joel (Martin J.) & Co., New York, N.Y November 2, 1967.
Jones (William H.) & Co., Los Angeles, Calif September 6, 1967.
Jones (William H.) & Co., Los Angeles, Calif November 17, 1967.
Joseph, Mellen & Miller, Inc., Cleveland, Ohio November 2, 1967.
Kansas City Securities Corp., Kansas City, Mo November 2, 1967.
Kentucky Company (The), Louisville, Ky November 2, 1967.
Kesler (Harry) Co., Los Angeles, Calif January 15, 1968.
Kinsley & Adams, Worchester, Mass September 1, 1967.
Kippen Canada Corp., New York, N.Y September 1, 1967.
Kirwan (Thomas A.) & Co., Boston, Mass December 18, 1967.
Klugh & Company, Inc., Anderson, S.C November 6, 1967.
Koehler & Company, Chicago, Ill September 2, 1967.
Kruge (Walter C.), New York, N.Y January 8, 1968.
La Branche & Co., New York, N.Y August 30, 1967.
Lacey (Bert) & Company, Dallas, Tex September 20, 1967.
Langill & Co., Chicago, Ill January 3, 1968.
Larkin (Emmett A.) & Co., Inc., Los Angeles, November 2, 1967.
Calif.
Lerner & Co., Inc., Boston, Mass September 26, 1967.
Ling & Company, Inc., Dallas, Tex December 18, 1967.
Loomis-Sayles & Co., Inc., Boston, Mass October 3, 1967.
Macpherson (Peter M.), Detroit, Mich September 9, 1967.
Madoff (Bernard L.), New York, N.Y January 7, 1967.
Mann & Company, Medford, Mass September 2, 1967.
Marache & Co., Los Angeles, Calif August 30, 1967.
Marantette & Co., Detroit, Mich December 18, 1967.
Marsh Investment Co., Inc., Washington, D.C November 6, 1967.
Marshall Co., Inc. (The), Milwaukee, Wis January 9, 1968.
Mason & Lee Inc., Lynberg, Va November 6, 1967.
May & Co., Inc., Portland, Oreg September 2, 1967.
Mayflower Securities Co., Inc., New York, N.Y November 27, 1967.
McCarley & Company, Inc., Asheville, N.C September 26, 1967.
McCourtney-Breckenridge & Co., St. Louis, Mo November 27, 1967.
McIntyer (Albert H.), New York, N.Y September 2, 1967.
McKinney & Co., Los Angeles, Calif August 29, 1967.
McMaster Hutchinson & Co., Chicago, Ill November 13, 1967.
McNear & Willard, San Francisco, Calif November 2, 1967.
Meadows (Louis B.) & Co., Inc., Springfield, November 2, 1967.
Mass.
Meyerson & Co., San Francisco, Calif August 29, 1967.
Middendorf, Colgate & Co., New York, N.Y November 6, 1967.
Mullaney, Wells & Co., Chicago, Ill November 21, 1967.
Myles (John L.), New York, N.Y August 30, 1967.
Nassar & Co., Pittsburgh, Pa August 30, 1967.
Nolan, Wilson & Co., Chicago, Ill September 2, 1967.
Norris (Edgar M.), Greenville, S.C January 19, 1968.
Noyes (David A.) & Co., Chicago, Ill October 3, 1967.
Oftring & Ernest, Inc., Worcester, Mass August 29, 1967.
Orvis Brothers & Co., New York, N.Y August 30, 1967.
Pacific Western Securities Co., Inc., Beverly November 27, 1967.
Hills, Calif.
Patashnick (Hy) Inc., North Adams, Mass October 3, 1967.
Personal Investors Co., Inc., New York, N.Y November 16, 1967.
Pritchard (W. E.), New York, N.Y September 1, 1967.
Rankin & Co., Atlanta, Ga September 14, 1967.
Reaves (W. H.) & Co., Inc., New York, N.Y August 29, 1967.
Reddock (James N.) & Company, Memphis, Tenn. September 2, 1967.
Reeves (Daniel) & Company, Beverly Hills, November 2, 1967.
Calif.
Riviere & Berens Securities Corp., Washington, November 14, 1967.
D.C.
Robinson and Lukens, Washington, D.C September 20, 1967.
Robinson, Lynch & Co., New York, N.Y November 2, 1967.
Rogers (George A.) & Co., Inc., New York, N.Y November 2, 1967.
Rohrbaugh and Company, Washington, D.C August 29, 1967.
Romano Bros., & Co., Evanston, Ill November 2, 1967.
Saxton (G. A.) & Co., Inc., New York, N.Y August 30, 1967.
Schapiro & Co., Inc., New York, N.Y November 9, 1967.
Second District Securities Co., Inc., New York, September 14, 1967.
N.Y.
Seligman (J. & W.) & Co., New York, N.Y August 21, 1967.
Sexton, Cohen, Matteo, & Hall, New York, N.Y August 29, 1967.
Shaw & Co., New York, N.Y September 1, 1967.
Shaw, Hooker & Co., San Francisco, Calif October 7, 1967.
Sherman, Dean & Co., Inc., New York, N.Y November 2, 1967.
Shumate & Company, Inc., Dallas, Tex September 26, 1967.
Sierega, Neighbors, Mosler Corp., Los Angeles, September 14, 1967.
Calif.
Simpson, Emery & Company, Inc., Pittsburgh, Pa. September 14, 1967.
Smith, Jackson & Co., Inc., New York, N.Y December 8, 1967.
Southern Brokerage Company, Dallas, Tex September 26, 1967.
Speyer (Alexander C.) Jr., Pittsburgh, Pa November 2, 1967.
Spier (Jesse) & Co., New York, N.Y December 8, 1967.
Sprague & Nammach, New York, N.Y August 29, 1967.
Star (Milton M.) Agency, Elmont, N.Y September 26, 1967.
Stotter & Company, Inc., Philadelphia, Pa September 26, 1967.
Suez American Corporation, New York, N.Y November 9, 1967.
Thomas & Co., Inc., Pittsburgh, Pa October 3, 1967.
Thomsen Securities Corp., Hattiesburg, Miss September 2, 1967.
Tripp & Taber, New Bedford, Mass September 1, 1967.
Universal Securities Corporation, Birmingham, September 14, 1967.
Ala.
Vance (Richard B.) & Co., Inc., Joliet, Ill October 7, 1967.
Varnedoe, Chisholm & Co., Inc., Savannah, Ga October 3, 1967.
Viner (Edward A.) & Co., Inc., New York, N.Y November 2, 1967.
Vogel (A. H.) & Company, Detroit, Mich September 20, 1967.
Wedbush & Company, Los Angeles, Calif December 8, 1967.
Weinberg, Ost & Hayton, Inc., New York, N.Y November 2, 1967.
Weinress & Company, Chicago, Ill October 3, 1967.
Wheeler, Munger & Co., Los Angeles, Calif August 30, 1967.
Wittenstein (M.) & Co., Des Moines, Iowa August 30, 1967.
Witter (William D.) Inc., New York, N.Y October 3, 1967.
Wittow and Company, Denver, Colo November 27, 1967.
Wood (H. P.) Company, Inc., Boston, Mass November 2, 1967.
Wygod, Weis Florin Inc., New York, N.Y August 29, 1967.
Wyllie Investment Co., Grand Junction, Colo January 3, 1968.
York Securities Corp., San Francisco, Calif September 26, 1967.
Listed below are the additional participating custodians that had qualified as of January 19, 1968:
Participating custodians Effective date
American National Bank, Salt Lake City, Utah August 29, 1967.
American National Bank of Denver, Denver, Colo. August 30, 1967.
Bank of California National Assoc., August 30, 1967.
San Francisco, Calif.
Bank of the Southwest National Assoc., Houston, August 29, 1967.
Tex.
Bank of Tokyo Trust Co. (The), New York, N.Y December 13, 1967.
City National Bank & Trust Co. of Columbus, September 2, 1967
Columbus, Ohio.
Detroit Bank & Trust Company (The), Detroit, October 3, 1967.
Mich.
Fairfield County Trust Co., Stamford, Conn September 26, 1967.
First Manufacturers National Bank of Lewiston November 6, 1967.
and Auburn, Lewiston, Maine.
First National Bank of Jersey City (The), August 30, 1967.
Jersey City, N.J.
First Pennsylvania Banking and Trust Co. September 14, 1967.
(The), Philadelphia, Pa.
Fourth National Bank of Tulsa (The), Tulsa, August 29, 1967.
Okla.
Framingham Trust Company, Framingham, Mass. October 7, 1967.
Marine National Exchange Bank, Milwaukee, Wis. December 5, 1967.
Northwestern National Bank of Minneapolis, October 3, 1967.
Minn., Minn.
Texas Bank & Trust Company of Dallas, Dallas, September 6, 1967.
Tex.
Texas National Bank of Commerce of Houston, August 29, 1967.
Houston, Tex.
Western Pennsylvania National Bank, Pittsburgh, October 3, 1967.
Pa.
Listed below are the prior participating custodians whose status had been terminated, as of January 19, 1968, on the indicated effective date:
Crocker--Citizens National Bank, San Francisco, September 20, 1967.
Calif.
Empire State Bank, Kansas City, Mo August 30, 1967.
First National Bank of Atlanta, Atlanta, Ga September 8, 1967.
First National Bank of Memphis, Memphis, Tenn. September 5, 1967.
First National Bank of Oregon, Portland, Oreg August 30, 1967.
Fort Worth National Bank, Fort Worth, Tex August 29, 1967.
Indiana National Bank of Indianapolis, August 21, 1967.
Indianapolis, Ind.
National Bank of Commerce in Memphis, Memphis, September 5, 1967.
Tenn.
Oregon Bank (The), Portland, Oreg August 29, 1967.
United California Bank International, New York, September 13, 1967.
N.Y.
United California Bank, Los Angeles, Calif August 30, 1967.
Walker Bank & Trust Company, Salt Lake City, August 30, 1967.
Utah.
Listed below are corrections of prior participating firms or
custodians published in Rev. Rul. 67-300:
Mellon National Bank, Dallas, Tex.
should be - Mellon National Bank & Trust Co., Pittsburgh, Pa.
Shields & Co., Inc., New York, N.Y.
should be - Shields & Company, New York, N.Y.
United States Trust Company, Wilmington, Del.
should be - United States Trust Company of New York,
New York, N.Y.
Lipper (Arthur) & Company, New York, N.Y.
should be - Lipper (Arthur) Corporation, New York, N.Y.
Listed below are the participating firms that qualified
subsequent to the preparation of Rev. Rul.
67-300 and whose status had terminated prior to the issuance of this
Revenue Ruling:
Participating firms Effective period
Ellis, Holyoke & Co., Lincoln, Nebr__________ 11/13/67-1/8/68
Nathanson (N.L.) & Co., Greenwich, Conn______ 8/29/67-10/23/67
Revenue Ruling 67-300 is hereby supplemented.
DOCUMENT ATTRIBUTES
- LanguageEnglish
- Tax Analysts Electronic Citationnot available
