Market Test of “Collaborative Logistics” Experimental Product, 15785-15786 [E9-7765]

Download as PDF Federal Register / Vol. 74, No. 65 / Tuesday, April 7, 2009 / Notices Stationery, and Related Items; Shipping and Mailing Supplies; International Money Transfer Service-Outbound (IMTS-Outbound); and International Money Transfer Service-Inbound (IMTSInbound). Id. The Postal Service explains that no Governors’ decision was required in this case since this request is simply for the placement on the MCS product lists of already-existing products, at alreadyexisting prices. Id. In accordance with section 3020.31(d), the Postal Service states that none of these products constitutes a special classification within the meaning of 39 U.S.C. 3622(c)(10) for market dominant products, or constitutes a nonpostal product. None of these products constitutes a product not of general applicability within the meaning of 39 U.S.C. 3632(b)(3), with the exception of IMTS-Inbound. The terms governing IMTS-Inbound are documented in 10 agreements with foreign postal administrations. Id. The Postal Service states that the 10 negotiated agreements under consideration as the IMTS-Inbound product are functionally equivalent and may be considered price categories within that product. The Postal Service therefore requests the Commission to treat them as functionally equivalent and to classify them collectively as IMTS-Inbound agreements within the MCS. Id. at 9–10.5 The proposed MCS language in Attachment A of the Request is identical to the MCS language that has previously been filed by the Postal Service with respect to these services,6 with the four following exceptions. Language for International Money Transfer Service has been revised. The price range for Greeting Cards, Stationery, and Related Items has been revised to take into 5 The Postal Service has filed by separate notice in this docket material identified as USPS– MC2009–19/1, Public Supporting Materials Relating to International Products. With redactions, the material includes public portions of eight bilateral agreements for International Money Order service. Five of the bilateral agreements that make up the IMTS-Inbound product also have been filed under seal as they include information of a commercial nature relating to commissions and fees. See USPS– MC2009–19/NP1, Nonpublic Supporting Materials Relating to Competitive and International Products. Id. at 4. 6 See Docket No. CP2009–8, Notice of the United States Postal Service of Changes in Rates of General Applicability for Competitive Products Established in Governors’ Decision No. 08–19, Attachment B at 102–04, November 13, 2008 (referring to IMTS); Docket No. MC2008–1, United States Postal Service Notice of Filing of Proposed Mail Classification Schedule Language for Four Products It Requests Should Be Added to the Product Lists as Postal Services, October 17, 2008 (referring to Address Management Services; Customized Postage; Shipping and Mailing Supplies; and Greeting Cards, Stationery and Related Items). VerDate Nov<24>2008 17:13 Apr 06, 2009 Jkt 217001 account an existing stationery set whose price falls outside of the price range as originally proposed. The Customized Postage product has been changed to read ‘‘customer-selected images’’ to recognize that customers can order customized postage using library images provided by the vendor or a third party. As the last exception, the name of the competitive address management services has been changed to ‘‘Address Enhancement Service’’ to distinguish it from its market dominant counterpart. Id. at 3. The MCS language in Attachment A modifies the language previously filed with the Commission in Docket No. CP2009–8 and creates separate IMTS services to distinguish the inbound exchanges from the outbound exchanges. Id. at 7. New language is added to reflect the expectation of the Universal Postal Union (UPU) that member countries will, as of January 1, 2010, designate operators, which may or may not be posts, to fulfill on their behalf the obligations of the UPU’s Postal Payment Services Agreement. New language is also proposed for the IMTS-Inbound product and price category. Id. Pursuant to section 3020.33, the Commission provides interested persons an opportunity to express views and offer comments on whether the planned modifications are consistent with the policies of 39 U.S.C. 3633 and 3642 and to indicate whether a hearing is desired. Comments are due no later than April 30, 2009. Pursuant to 39 U.S.C. 505, Robert Sidman is appointed to serve as officer of the Commission (Public Representative) to represent the interests of the general public in the above-captioned docket. It is Ordered: 1. Docket No. MC2009–19 is established to consider the Postal Service Request referred to in the body of this order. 2. Comments are due no later than April 30, 2009. 3. The Commission appoints Robert Sidman as Public Representative to represent the interests of the general public in this proceeding. 4. The Secretary shall arrange for publication of this Order in the Federal Register. By the Commission. Steven W. Williams, Secretary. [FR Doc. E9–7770 Filed 4–6–09; 8:45 am] PO 00000 Frm 00097 Fmt 4703 POSTAL SERVICE Domestic and International Product Changes—Address Management Services; Customized Postage; Address Enhancement Service; Greeting Cards, Stationery, and Related Items; Shipping and Mailing Supplies; International Money Transfer Service-Outbound (IMTS-Outbound); and International Money Transfer Service-Inbound (IMTS-Inbound) Postal ServiceTM. ACTION: Notice. AGENCY: SUMMARY: The Postal Service gives notice of filing a request with the Postal Regulatory Commission to add Address Management Services and Customized Postage to the list of Market Dominant products in the Mail Classification Schedule (MCS), and to add Address Enhancement Service; Greeting Cards, Stationery, and Related Items; Shipping and Mailing Supplies; International Money Transfer Service-Outbound (IMTS-Outbound); and International Money Transfer Service-Inbound (IMTSInbound) to the list of Competitive products in the MCS. DATES: April 7, 2009. FOR FURTHER INFORMATION CONTACT: Anthony Alverno, (202) 268–2997. SUPPLEMENTARY INFORMATION: In accordance with Postal Regulatory Commission Order No. 154 and 39 U.S.C. 3642, the United States Postal Service® hereby gives notice that it has filed with the Postal Regulatory Commission a Request of the United States Postal Service to Add Postal Products to the Mail Classification Schedule in Response to Order No.154. Documents are available at https:// www.prc.gov, Docket No. MC2009–19. Neva R. Watson, Attorney, Legislative. [FR Doc. E9–7733 Filed 4–6–09; 8:45 am] BILLING CODE 7710–12–P POSTAL SERVICE Market Test of ‘‘Collaborative Logistics’’ Experimental Product Postal ServiceTM. ACTION: Notice. AGENCY: SUMMARY: The Postal Service gives notice of a market test of an experimental product under 39 U.S.C. 3641. DATES: April 7, 2009. FOR FURTHER INFORMATION CONTACT: Scott Reiter, 202–268–2999. BILLING CODE 7710–FW–P Sfmt 4703 15785 E:\FR\FM\07APN1.SGM 07APN1 15786 Federal Register / Vol. 74, No. 65 / Tuesday, April 7, 2009 / Notices The United States Postal Service® hereby gives notice pursuant to 39 U.S.C. 3641(c)(1) that it will begin a market test of Collaborative Logistics on May 6, 2009. The Postal Service has filed the notice appearing below with the Postal Regulatory Commission; documents are available at https://www.prc.gov, Docket No. MT2009–1. SUPPLEMENTARY INFORMATION: Neva R. Watson, Attorney, Legislative. [FR Doc. E9–7765 Filed 4–6–09; 8:45 am] BILLING CODE 7710–12–P SECURITIES AND EXCHANGE COMMISSION [Investment Company Act Release No. 28685; 812–13525] Bridgeway Capital Management, Inc.; Notice of Application April 1, 2009. AGENCY: Securities and Exchange Commission (‘‘Commission’’). ACTION: Notice of an application for an order pursuant to section 2(a)(9) of the Investment Company Act of 1940 (‘‘Act’’). SUMMARY OF APPLICATION: Bridgeway Capital Management, Inc. (‘‘Bridgeway Capital’’) requests an order declaring that Leonora R. Montgomery (‘‘Leonora Montgomery’’) does not control Bridgeway Capital. APPLICANT: Bridgeway Capital. FILING DATES: The application was filed on April 21, 2008 and amended on October 2, 2008. Applicant has agreed to file an amendment during the notice period, the substance of which is reflected in this notice. HEARING OR NOTIFICATION OF HEARING: An order granting the application will be issued unless the Commission orders a hearing. Interested persons may request a hearing by writing to the Commission’s Secretary and serving applicant with a copy of the request, personally or by mail. Hearing requests should be received by the Commission by 5:30 p.m. on April 27, 2009, and should be accompanied by proof of service on applicant, in the form of an affidavit or, for lawyers, a certificate of service. Hearing requests should state the nature of the writer’s interest, the reason for the request, and the issues contested. Persons who wish to be notified of a hearing may request notification by writing to the Commission’s Secretary. ADDRESSES: Secretary, Securities and Exchange Commission, 100 F Street, VerDate Nov<24>2008 17:13 Apr 06, 2009 Jkt 217001 NE., Washington, DC 20549–1090; Applicant, 5615 Kirby Drive, Suite 518, Houston, TX 77005–2448. FOR FURTHER INFORMATION CONTACT: Steven I. Amchan, Attorney Adviser, at (202) 551–6826, or Marilyn Mann, Branch Chief, at (202) 551–6821 (Division of Investment Management, Office of Investment Company Regulation). SUPPLEMENTARY INFORMATION: The following is a summary of the application. The complete application may be obtained for a fee at the Commission’s Public Reference Room, 100 F Street, NE., Washington, DC 20549–1520 (telephone (202) 551–5850). Applicant’s Representations: 1. Bridgeway Capital, a Texas corporation, is registered with the Commission as an investment adviser under the Investment Advisers Act of 1940, and is engaged in the business of providing investment advisory services to investment companies registered under the Act (‘‘RICs’’), high net worth individuals, and institutional clients. As of the date of the application, Bridgeway Capital has investment advisory or subadvisory agreements with Bridgeway Funds, Inc., Calvert Large-Cap Growth Fund, Equitable Calvert Socially Responsible Portfolio, Valic I—Small Cap Fund, Valic II—Capital Appreciation Fund, State Farm Variable Small/Mid Cap Equity Fund, State Farm Retail Small/Mid Cap Equity Fund, and Calvert New Vision Small Cap-Fund, each of which is an open-end RIC. Bridgeway Capital was founded in 1993 by John N.R. Montgomery (‘‘John Montgomery’’). John Montgomery has served as chairman and president of Bridgeway Capital since its inception. 2. The capitalization of Bridgeway Capital currently consists of 3,000 shares of authorized common stock, of which 1,175.877 shares are issued and outstanding (‘‘Bridgeway Capital Common Stock’’). As of December 31, 2008, John Montgomery owned 766.800 shares (65.21%), Leonora Montgomery, John Montgomery’s mother, owned 359.545 shares (30.58%), Franklin J. Montgomery, John Montgomery’s brother, owned 4.714 shares (0.40%), Catherine A. Montgomery, Franklin J. Montgomery’s spouse, owned 0.560 shares (0.05%), Bethany M. Hays and Catherine M. Tinsley, John Montgomery’s sisters, each owned 0.560 shares (0.05%), Diana Ryan and Diane Matthes, friends of Leonora Montgomery, owned 0.780 shares (0.07%) and 0.280 shares (0.02%) respectively, and the Bridgeway Capital Employee Stock Ownership Program (‘‘ESOP’’) owned 42.078 shares (3.58%). PO 00000 Frm 00098 Fmt 4703 Sfmt 4703 3. Leonora Montgomery received her shares of Bridgeway Capital Common Stock in 1995 and 1996 in exchange for an investment in Bridgeway Capital. Leonora Montgomery does not currently have, nor has she ever had, any significant or material interactions with Bridgeway Capital other than her ownership of Bridgeway Capital Common Stock. She has never served as an officer or director of Bridgeway Capital or been involved in the operation of Bridgeway Capital, and her interest in Bridgeway Capital is purely that of a passive long-term shareholder. 4. Leonora Montgomery executed her written last will and testament (‘‘Will’’) on April 19, 2007. The Will provides that at the time of her death, Leonora Montgomery’s Bridgeway Capital Common Stock will be transferred in equal amounts to each of her four children (i.e., 7.65% of outstanding Bridgeway Capital Common Stock to each of John Montgomery, Franklin J. Montgomery, Bethany M. Hays and Catherine M. Tinsley based on ownership data as of December 31, 2008). Absent any ensuing issuance of Bridgeway Capital Common Stock, such future transfer of shares will result in the increase of John Montgomery’s aggregate share ownership in Bridgeway Capital Common Stock from 65.21% to 72.86% (based on ownership data as of December 31, 2008). 5. No changes are contemplated in the existing management or operations of Bridgeway Capital in connection with the future transfer of Bridgeway Capital Common Stock. John Montgomery will continue to serve as chairman and president of Bridgeway Capital. It is currently contemplated that no share transactions will be effected by Bridgeway Capital that would have the effect of materially reducing John Montgomery’s ownership of Bridgeway Capital Common Stock. Applicant’s Legal Analysis: 1. Bridgeway Capital requests an order under section 2(a)(9) of the Act declaring that Leonora Montgomery does not control it. Section 2(a)(9) defines ‘‘control’’ as the power to exercise a controlling influence over the management or policies of a company. Section 2(a)(9) also provides that any person who owns beneficially, either directly or through one or more controlled companies, more than 25 percent of the voting securities of a company shall be presumed to control the company. Section 2(a)(9) further provides that this presumption may be rebutted by evidence but continues until a determination to the contrary is made by the Commission. For the reasons set forth below, applicant believes that the E:\FR\FM\07APN1.SGM 07APN1

Agencies

[Federal Register Volume 74, Number 65 (Tuesday, April 7, 2009)]
[Notices]
[Pages 15785-15786]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E9-7765]


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POSTAL SERVICE


Market Test of ``Collaborative Logistics'' Experimental Product

AGENCY: Postal ServiceTM.

ACTION: Notice.

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SUMMARY: The Postal Service gives notice of a market test of an 
experimental product under 39 U.S.C. 3641.

DATES: April 7, 2009.

FOR FURTHER INFORMATION CONTACT: Scott Reiter, 202-268-2999.

[[Page 15786]]


SUPPLEMENTARY INFORMATION: The United States Postal Service[supreg] 
hereby gives notice pursuant to 39 U.S.C. 3641(c)(1) that it will begin 
a market test of Collaborative Logistics on May 6, 2009. The Postal 
Service has filed the notice appearing below with the Postal Regulatory 
Commission; documents are available at https://www.prc.gov, Docket No. 
MT2009-1.

Neva R. Watson,
Attorney, Legislative.
[FR Doc. E9-7765 Filed 4-6-09; 8:45 am]
BILLING CODE 7710-12-P
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