[Federal Register: April 21, 1999 (Volume 64, Number 76)]
[Notices]               
[Page 19572-19573]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr21ap99-81]

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SECURITIES AND EXCHANGE COMMISSION

 
Issuer Delisting; Notice of Application To Withdraw From Listing 
and Registration; (Unocal Corporation, Common Stock, Par Value $1.00, 
and Associated Preferred Stock Purchase Rights) File No. 1-8483

April 14, 1999.
    Unocal 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 
securities (``Securities'') from listing and registration on the 
Chicago Stock Exchange, Incorporated (``CHX'') and

[[Page 19573]]

 the Pacific Exchange, Inc. (``PCX'') (collectively, the CHX and the 
PCX shall be referred to herein as the ``Exchanges'').
    The reasons cited in the application for withdrawing the Securities 
from listing and registration on the Exchanges include the following:
    The Securities of the Company have been listed for trading on the 
CHX, the PCX and the New York Stock Exchange, Inc. (``NYSE''). The 
Board of Directors of the Company has authorized withdrawing the 
Securities from the CHX and the PCX in order to eliminate the costs 
associated with such listings. These costs include both annual 
maintenance fees for listed shares and fees for listing additional 
shares.
    The Company has complied with the rules of each Exchange by filing 
with them certified copies of the resolutions adopted by the Company's 
Board of Directors authorizing the withdrawal of its Securities from 
listing on the Exchanges and by setting forth in detail to the 
Exchanges the reasons for the proposed withdrawal, and the facts in 
support thereof.
    Both CHX and the PCX have informed the Company that they have no 
objections to the Company's application to withdraw its Securities from 
listing on the Exchanges.
    The Company's application relates solely to the withdrawal of its 
Securities from listing on the CHX and the PCX and shall have no effect 
upon the continued listing of the Securities on the NYSE. By reason of 
Section 12(b) of the Act and the rules and regulations of the 
Commission thereunder, the Company shall continue to be obligated to 
file reports under Section 13 of the Act with the Commission and with 
the NYSE.
    Any interested person may, on or before May 5, 1999, submit by 
letter to the Secretary of the Securities and Exchange Commission, 450 
Fifth Street, NW, Washington, DC 20549-0609, 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. 99-9909 Filed 4-20-99; 8:45 am]
BILLING CODE 8010-01-M