sec newi~~eigestu.s. S::CUR!TiES ,0 f':C

Issue 85-187 EXCHM-liJt.: CO'!~M'~,:: " September 26, 1985

NonCE OF COMMISSION MEETINGS

Following is a schedule of Commission meetings which will be conducted under provi-sions of the Government in the Sunshine Act. In general, the Commission expects to follow a schedule of holding closed meetings on Tuesdays, and open meetings on Thurs-day morning. Meetings on Wednesday, and if necessary on Thursday afternoons, will be either open or closed according to the requirements of agenda items under considera-tion.

Visitors are welcome at all open meetings, insofar as space is available.

Meetings will be held in the Commission Meeting Room, Room 1C30, at the Commission's headquarters building, 450 Fifth Street, NW, Washington, DC. Persons wishing to photograph or videotape Commission meetings must obtain permission in advance from the Secretary of the Commission. Persons wishing to tape record a Commission meetingahould notify the Secretary's office 48 hours in advance of the meeting.

CLOSED MEETING - TUESDAY, OCTOBER 1, 1985 - 2:30 p.m.

The subject matter of the October 1 closed meeting will be: Formal orders of investi-gation: Settlement of injunctive action: Institution of administrative proceedings'ofan enforcement nature, Consideration of amicus participation.

OPEN MEETING - THURSDAY, OCTOBER 3, 1985 - 10:00 a.m.

The subject matter of the October 3, 10:00 a.m., open meeting will be:

Consideration of whether to issue a release adopting amendments to the Customer Pro-tection Rule, Rule lSc3-3 under the Securities Exchange Act of 1934, which will exclude the margin debit balances of certain persons who are related to principals of a broker-dealer or affiliated in a certain way with a broker-dealer from the Reserve Formula. The amendments will also exclude from the debit items the amount by which a broker-dealer's margin accounts receivable with a single customer exceeds a certain percentage of a broker-dealer's net capital prior to securities haircuts, unless the broker-dealer can demonstrate that such debit balances are directly related to credit items in the reserve formula. FOR FURTHER INFORMATION, PLEASE CONTACT Julio A. Mojica at (202) 272-2372.

OPEN MEETING - THURSDAY, OCTOBER 3, 1985 - 2:30 p.m.

The subject matter of the October 3, 2:30 p.m., open meeting will be:

The commission will hear oral argument on an appeal by Alan Bennett Harp, a securities salesman, from the decision of an administrative law judge. FOR FURTHER INFORMATION,PLEASE CONTACT R. Moshe Simon at (202) 272-7400.

CLOSED MEETING - THURSDAY, OCTOBER 3, 1985 - FOLLOWING THE 2:30 p.m. OPEN MEETING

The subject matter of the October 3 closed meeting will be: Post oral argument dis-cussion.

AT TIMES CHANGES IN COMMISSION PRIORITIES REQUIRE ALTERATIONS IN THE SCHEDULING OF MEETING ITEMS. FOR FURTHER INFORMATION AND TO ASCERTAIN WHAT, IF ANY, MATTERS HAVE BEEN ADDED, DELETED OR POSTPONED, PLEASE CONTACT: Joan Stempel at (202) 272-2149

DENVER REGIONAL OFFICE AND OTHERS TO CO-HOST ANNUAL ROCKY MOUNTAIN STATE-FEDERAL-PROVINCIAL SECURITIES CONFE~ENCE

The Denver Regional Office, the Office of the Colorado Securities Commissioner, and Continuing Legal Education in Colorado, Inc. will co-host the Eighteenth Annual RockyMountain State-Federal-Provincial Securities Conference for city, county, state,federal and provincial regulatory and enforcement officials on October 17-18, 1985 at The Regency Inn, 3900 Elati Street, Denver, Colorado.

All local, state, federal and provincial regulatory and enforcement officials are invited to attend the "CLOSED" session on October 17th, as well as the "OPEN" session on October 18th.

Attorneys, accountants, broker-dealers, representatives of reporting companies,investment companies, investment advisers, and transfer agents, as well as members of the Financial Executive Institute, Colorado Association of Corporate Counsel, and other interested persons, are invited to attend the "OPEN" session on October 18th. Information and registration forms may be obtained by-wrrting or calling the Denver

cates worth $1,636,541,701. This compares to loss reports in 1983 of 472,649 cer-

Regional844-2071.

Office, Suite 700, 410 Seventeenth Street, Denver, Colorado 80202, (303)

CORRECTION TO 1984 LOST AND STOLEN SECURITIES PROGRAM STATISTICS

In 1984, reporting institutions reported as missing, lost or stolen 491,944 certifi-tificates worth $1,708,389,602. Thus, while the number of certificates reported as lost, missing or stolen increased approximately 3.8% in 1984, the aggregate dollar value of those reports decreased by approximately 4.1%.

Previously, it had been reported that the aggregate dollar value of the certificates reported as lost, missing or stolen in 1984 had increased 18.5% over 1983.

ADMINISTRATIVE PIOCEEDIIIIS

NASD ACTION AGAINST TOWNSLEY ASSOCIATES AND PROPRIETOR AFFIRMED

The Commission affirmed sanctions imposed by the NASD on Townsley Associates, a Corning, New York brokerage firm, and Jesse M. Townsley, Jr., its former proprietor.The NASD censured the firm and Townsley, fined them $10,000, jointly and severally,and required Townsley to requalify as a registered principal within 90 days.

The Commission found, as had the NASD, that in 1980 and 1981 the firm and Townsleywere responsible for effecting transactions in the account of a customer that were contrary to her stated investment objectives. In affirming the sanctions imposed bythe NASD, the Commission stated that "such conduct reflects a callous disregard of [the] fundamental obligation to deal fairly with ••• customers." (ReI. 34-22410)

NASD SANCTIONS AGAINST TERRY DON WAMSGANZ REDUCED

The Commission reduced sanctions imposed by the NASD on Terry Don Wamsganz, a Chester-field, Missouri securities salesman. The NASD censured Wamsganz, fined him $5,000,and suspended him from association with any NASD member for three years. The Commis-sion affirmed the imposition of censure and the $5,000 fine, but reduced the suspen-sion to six months.

The commission found, as had the NASD, that in 1981 Wamsganz, acting outside the scopeof his employment, served as a finder in connection with the sale of a business that involved the transfer of 60% of the company's stOCK. However, Wamsganz failed to givehis employer prior written notice of his involvement in that transaction as requiredby NASD rules. In reducing the suspension imposed by the NASD, the Commission noted that Wamsganz's 15-year record in the securities business was otherwise unblemished,and that his misconduct in this instance only involved the failure to report his limited participation in a single transaction. (ReI. 34-22411)

2 NEWS DIGEST, September 26, 1985

CIVIL PROCEEDIIIS

TRUSTEE APPOINTED FOR BROKER-DEALER

The Fort Worth Regional Office Eisele entered an order in ,~S~E~C~~~~~~~~~~~~~~~~~~~~~ found that the customers of 0 nstection afforded by the Securities Investor Protec.tion Act (SIPA)Harvey Leland Bell trustee for the liquidation of the businessthe provisions of SIPA.

previously, on April 16, CSC, without admitting or denying the complaint's allega-tions, consented to a preliminary injunction and the appointment of a temporaryreceiver. The injunction preliminarily enjoined esc from further violations of the Commission's net capital rule. (SEC v. Collins Securities Corporation, et al., USDC BDAR, W. Div., CA tLR-C-85-280). (LR-10875)

IIOI.DIII COIIPAIY ACT IEIIASES

NORTHEAST NUCLEAR ENERGY COMPANY ..

An order has been issued authorizing Northeast Nuclear Energy Company (NNECO), Western Massachusetts Electric Company (WMECO), The Cnonecticut Light and Power Company (CL&P) and Connecticut Yankee Atomic Power Company (CYAPC), all subsidiaries of Northeast utilities, to amend and restate the Millstone Plant Agreement, for NNECO and CYAPC to enter into an agreement setting forth their rights respecting the CY Simulator and the Building, the amendment of the Owners Lease of the Building Site located in Water-ford, Connecticut, the sale and leaseback of Simulators 1 and 2 by NNECO, and the sale of CL&P's and WHECO's individual ownership interest in Simulator 3 and lease to NNECO. (ReI. 35-23840 - Sept. 24)

JERSEY CENTRAL POWER AND LIGHT COMPANY

An order has been issued authorizing Jersey Central Power and Light Company, subsi-diary of Central and South West Corporation, to enter into a nuclear fuel lease agree-ment. (ReI. 35-23841 - Sept. 24)

UNLISTED TRADING GRANTED

An order has been issued granting the application of The Cincinnati Stock Exchange for unlisted trading privileges in the common stock of four issues whIch 1S iisted and registered on one or more other national securities exchange and is reported in the consolidated transaction reporting system. (ReI. 34-22444)

DELISTINGS GRANTED

Orders have been issued granting the applications of the following stock exchanges to strike the specified securities from listing and registration thereon: The Philadel-,hia Stock Exchange - ENFLO CORPORATION, common stock, $.10 par value. (Rei.4-22457); and The American Stock Exchange - L. B. NELSON CORPORATION, common stock,$1.00 par value. (Rei. 34-22458)

ACCELERATED APPROVAL OF PROPOSED RULE CHANGE

The Commission approved, on an accelerated basis, a proposed rule change filed byThe New York Stock Exchange, Inc. (SR-NYSE-85-34) to modify its Audit Trail proceduresand to permit the Exchange to impose fines for noncompliance under the expedited pro-cedures of NYSE Rule 476A. (ReI. 34-22445)

NEWS DIGEST, September 26, 1985 3

APPROVAL OF PROPOSED RULE CHANGE

The Commission approved, on a one-year pilot, a proposed rule change filed under Rule 19b-4 by The American Stock Exchange, Inc. (SR-Amex-85-28) to implement emergency pro-cedures for the execution of AUTOAMOS orders during unusual market conditions. (ReI. 34-22447)

TIUST IIDEItn.E ACT _lEASES

AMERICAN EXPRESS CREDIT CORPORATION

An order. has been issued under the Trust Indenture Act of 1939 on an application of American Express Credit Corporation that the trusteeship of Manufacturing Hanover Trust (MBTC) under an indenture dated December 15, 1984, together with two supplemen-tal indentures dated April 1 and April 1985 and another indenture dated May 15, 1985, is not so likely to involve a material conflict of interest as to make it necessary to disqualify MHTe from acting as trustee. (ReI. TI-1036)

SECURmES ACT REGISTRATIONS

The following registration statements have been filed with the SEC under the Securi-ties Act of 1933. The reported information appears as follows: Form, Name, Address and Phone Number (if available) of the issuer of the security: Title and the number and/or face amount of the securities being offered, Name of the managing underwriter or depositor (if applicable); File number and date filed; Assigned Branch; and a designation if the statement is a New Issue.

S-18 I~TER~ATICNAl BICACCE~~ SYSTEMS CORP, 100e CHESTNUT ST. STE 7S. SAN FRANCISCO. CA ~41CS (4151 771-11BS - fCC.CeO ($I,03t,00el CC'MC~ STOCK. 150.000 WAR~ANTS. (PTIONS OR RI(tTS. 15e.000 ($233,lCOI C(M"ON STOCK. CFILE 33-211-LA -SEP. 101 CE,..8 - NE..H!LEI

S-l STOKELY USA l~C, 626 E WISCONSIN A~E, CC(~C~O~OC. WI 53066 C4141 561-1131 - 5CO,000($6,500,000) COMMON STOC~. 1.80e,COO ($23,4(0,0001 COMMO~ ST~CK. (FILE 33-339 -SEP. 181 U!II. :3 - NE~ IHLE)

s-f HGINA CO INC. 313 RHINA AVE. RAH ..AY. NJ 07065 (2011 381-1000 - 910.000 C$12,140,CCC) COMMO~ STeCK. 1.056,000 ($14.184,COC. COMMeN STOCK. (FILE 33-;42 -SEP. 181 CH. 9 - NE.. I~~LE)

5-3 tAWAIIAN TELEPHONE CC, 1177 BISHOP ST. HC~OLULU, HI 96813 (8081 546-3000 -50,CCO,00c (.51,COO,eeo) ~ORIGAGE BONDS. (fILE 33-348 - SEP. 18. (eR. 11

S-4 ~CN8 eCIlP.ONE NCNS PLI. CHARLOTTE, NC 28255 (7C4) 314-50~0 - 5,054,333($IE4,483,155t CCM~C~ SleCK. 350,000 ($35(,CeC) PREfERliEDSTOC~. CFILE 33-349 -SEP. 18) (U. 1)

S-3 ~(NB CCRP, ONE NCNB PlI, CHARLOTTE, NC 2e255 (le4) 314-5000 - 100,000,000C$leC,OCo,OCC. STR_IG~T feNDS. (FILE 33-35e - SEP. 18) CBR. 1)

$-8 ~ORlAN l~lERN_TIONAl J~C, PHILMONT A~E & eyeERR' RD, PHILADELPHIA, p~ 19116 (2151 947-1770 - lee,ooo ($475,OCC) CCHHOh SleCK.' (fILE 33-352 - SEP. 18) (eR. 61

$-3 ~EW YORK STATE ELECTRIC t GAS CORP, P C S(X 281, ITHACA, NY 14851 (bOl) 347-4131 -15.ceQ,00C CS75,CCC,Ceo) ~ORTGAGE ~ONDS. (fILE 33-353 - SEP. 19) CBR. 1.

$-4 SUMMIT eA~CORPORATIOh, 3~1 SPRINGFIELD A~E, SU~~IT, NJ 01901 (201) 522-840C -402.150 ($~,t51,tCC) CC~~CN STOC~. (fILE 33-354 - SEP. 19) CSR. 21

$-4 eCMMERCI~L BANCS~ARE5 INC/NJ/, 15 EXCHANGE Pl, JERSEY CITY, ~J 07302 1201. 434-5100 - 5CC,000 C$B,015,CCe) C(MMON STCCK. (FILE 33-355 - SEP. 19. (ell.2)

S-3 (YNATECH CORP, ~ NE~ EhGLAND EXEC~TIVE P~, 8URLlhGTC~. MA 01803 (611) 212-3304 -t5.1S6 ($j,743,5S4) CCM~(~ STOCK. (FILE 33-365 - SEP. 191 (SR. 91

$-8 LUKENS INC, 5C S flR51 A~E, COATES~ILLE, FA 19320 (215' 383-2000 - 39,215('5((.000) CCMMO~ SlCCK. 5((,00e eTHER SEC~RITIES INCLUDING VGTING TRUST. (fILE~3-;t6 - SEP. 19. ceRe t)

4 NEWS DIGEST, September 26, 1985

S-8 E~lT[~(~E GAS & ElEC1P[C ce, GAS & ELECTRIC BLDG, CH~RLES eTF, e~LTI~ORE, ~C 212Cl (3011 234-5Ell - 5C,CO:,((0 ($50,OCO.000) eTHER SECURITIES I~CLUCI~G VOTING TRUST. 2,3E(,~52 CC~MON STeCK. (FILE 3~-31C - SEP. 1~) (eR. 1)

"'-1~ (PPENHIfoIlR ElCPlCRER fLNC, Twe BI<QAOWAY. t.E\Io YORK, ~y 10004 (212) 668-5000 -INCEFINITE StARES. (FILE !!-!71 - SEP. 181 (BR. Ie - t.ew ISSUE)

ACQUlsmONS OF SEooIITES Companies and individuals must report to the Commission within ten days on Schedule 130 if after the acquisition of equity securities of a pubic company their beneficial interest therein exceeds five percent. Persons eligible to use the short form (Schedule 13G) may in lieu of filing a Schedule 130 file a Schedule 13G within 45 days after the end of the calendar year in which the person became sllbject to Section 13(d)(1). Companies and individuals making a tender offer must have on file at the time the tender offer commences a Schedule 140-1.

Below is a list of recent filings of Schedules 130 and 14D, which includes the following information: Coluan 1 - the ca.pany purchased (top), and the name of the purchaser 7 Column 2 - the type of security purchased7 Column 3 - the type of form filed, Column 4 - the date the transaction occurredJ Column 5 - the current number of shares (in OOO's) owned (top) and the current percent owned7 Column 6 - the CUSIP number (top) and the prior percent owned, and Colu.n 7 - the status of the filing,i.e., new, update or revision.

EVENT StiRS(000) / CUSIP/ FILING FORM DATE %OWNED PR Io,.::~ STATUS

AMERICAN REPUBLIC BANCORP COM 46 02921090 JONES: ROBERT L 13D 6.0 0.0 NEW

AURORA BANCSHAIO'ES CORP COM 46- 0519011 0 WESTON ROGER L 13D 30.5 28.2 UPDATE

BIBB CO COM 71 08866510 FIDELITY INTl LTD ET AL 13D 3.9 5.3 UPDATE

CADEC SYS INC COM 371 12738410 VENTURE CPTL FD NEW ENGLANrl 13D 5.7 9.8 RVSION

CESSNA AIRCRAFT CO CAC ACQUISITION/GENL

COMMERCIAL FED CORP BAUPOs:r GRP INC

CRADDOCK TERRY S:HOE CORP HECCO VENTURES

DORSE'r'CORP DYSON ROBERT R ET AL

FEDERAL SCREto.lMORKS SLAVIN JOHN J

FRONTIER HLDGS INC TEXAS AIR CORP

GALAXY OIL CO CLUB CORP OF AMERICA

GOTT CORP RUBBERMAID INC

COM 4,125 15717?10 DYNAMICS 14D-l 9/20/85 20.9 20.9 UPDATE

COM 218 20164710 13D 9/16/85 8.1 7.0 UPDATE

COM 181 22411110 13D 9/11/85 11.7 10.4 UPDATE

COM 408 25843510 130 8/28/85 15.3 18.7 UprlATE

COM 113 31381910 13D 8/16/85 8.5 (,.0 NEW

COM 799 35907610 14rl-l 9/20/85 6.9 1).0 NE!.I

COM 2,395 36318010 13D 8/12/85 19.7 16.5 uprlATE

COM 1,422 38348310 13D 9/11/85 49.2 0.0 riEI,1

COM 268 45900410 13D 9/ 9/85 7.0 0.0 NEIJ.I

COM 268 45900410 rsn 9/ 9/85 7.0 O. I) NEt•.1

COM 268 45900410 13D 9/ 9/85 7.0 0.0 NEI.o.I

INTERNATIONAL AMERN HOMES DAILEY WARREN M

INTERNATIONAL AMERN HOMES: ROBERTSON DONAlrl l

INTERNATIONAL AMERN HOMES ROBERTSON YVONNE C

NEWS DIGEST, September 26, 1985 5

.ACQUISITION REPORTS CONT,

INTE"'NATIONAL AME"'N HOMES COM SUA"'EZ ..JACKD 13D

INTEPNATIONAL AMERN HOMES: COM SUAREZ ROBERT ..J 13D

INTRNATIONAL HLDG CAP CORP COM TEPRY C HERMAN 13D

MOBOT CORP COM FETA INVESTMENT CORP NV ET AL 13D

MUN~OPD INC COM TEXAS PARTNERS ET AL 13D

PETRO LEltiE 2.28 CUM PFD GRUSS PETROLEUM CORP 13D

PETPD LEWIS CORP PFD CV S3.33 GRUSS PETROLEUM CORP 13D

PHOTON SOUPCES INC COM LUMONICS INC 13D

S..JWCOPP COM ROSCOE MOSS CO ET AL 13D

SAVERS BANCORP INC COM LAf"OCHE DAV ID F 13D

RAVE"'S BANCORP INC COM LAROCHE GRANTOR INCOME TRST 13D

SOUTHEASTERN CAP CORP GA COM HANSELL CHARLES EDWARD ET AL 13D

SPERTI DRUG PPODS INC COM ANGSTROM TECHNOLOGIES INC 13D

PIEPCO GPOUP INC COM D"'EXEL BUPNHAM LAMBEPT GPOUP 13D

TPAS WORLD AIRLS INC COM NE'" ICAHN CARL C ET AL i sn

UNe RESOURCES INC COM MAi<:XAMGRP ET AL 13D

UNITED HEALTHCARE CORP COM DITMORE ROBERT K 13D

VENUS CRUISE LINE COM TIMPANO SAM D 13D

WELLCO ENTERPRISES INC COM EMEf"S:ONJAMES: T 13D

WRIGHT WM E CD COM ALDEISEN WILLIAM R ~IR ET AL 13D

W"IGHT LABS: INC COM DAVIs: ..JMORTON 13D

AMERICAN REALTY TRUST SH BEN INT S:DUTHMARK CORP 13D

ASARCO INC COM WEEKS PETROLEUM LTD ET AL 13D

ASTPO DPILLING CD COM PUE lAlENrtY 13D

408 4590041010.7 0.0 NEW

408 4590041010.7 0.0 NEW

Be 4'964710 10.0 8.0 UPDATE

4,281 6079101050.0 0.0 NEW

e 62614410O. 0 10. a UPl)ATE

STI< 48 7'1645150 9/12/8'5 4.0 5.3 UPDATE

52 716451607.4 8.1 UPDATE

604 7193761026.5 0.0 NEW

745 78430510?6,S 26.6 UPDATE

t30 8051621010.2 0.0 UPDATE

o 805162100.0 8.9 UPDATE

o 841602100.0 15.2 UPDATE

462 8483741046.9 36.7 UPDATE

641 8865061030.4 30.0 UPDATE

19,244 8933496056.1 56.1 UPDATE

2,940 9030{,01013.4 12.4 UPDATE

659 910581105.6 0.0 NEW

4b 297 9233061053.0 0.0 NEW

41 949476109.7 8.6 UPDATE

283 9822631013.4 0.0 NEW

472 9823461033.6 31.8 UPDATE

2,512 02917710 71.7 69.2 UPDATE

4,146 04341310 13.0 12.0 UPDATE

400 04590010 5.1 0.0 NEW

6 NEWS DIGEST, September 26, 1985

ACQUISITION REPORTS CONT.

CALTON INC COM PAR $0.02 CALDERONE ANT~ONY J ET AL 13D 9/11/85

CECSNA AII"CRAFT CO COM CAC ACQUISITION/GENL DYNAMICS 14D-l

CHATTEM INC COMHARRIS ASSOCIATES INC 13D

DICKEY-JOHN CORP COMPHILADELPHIA HIDE Bro~OKERAGE 13D

DICKEY-JOHN CORP COMSNYDER MCALAINE CAs:TLE CAP PRT 13D

FEERALS:C"'EW "IORKS COMZURSCHMIEDE W TOM JR 13D

FII"ST DATA RES INC COMAMERICAN EXPRESS CO ET AL 13D

FIRST OF MICHIGAN CAP CORP COMDST SYSTEMS INC ET AL 13D

GENERAL GROWTH PPTYS COM SH BEN INT BUCKSBAUM MAI"TIN 13D 9/18/85

GENFRAL GRDltlTHPPTYS: COM SH BEN INT BUCI<SBAUM MATTHEl.1 13D 9/18/85

GI"EEN TREE ACCEP INC COMI"ELIANCE FINANCIAL S:VCS:CORP 13D

GULF CDA LTD COMOLYMPIA & YORK RESOURCES INC 13D

HOR IZON coro'p COMSHAMROCK ASSOCIATES 13D

IDLEWILD FOODS INC COMJACOBSON KENNETH Y ET AL 13D

LI FE OF AMER INS. CORP BOs:TON COMLOYAL AMERICAN LIFE INS ET AL 13D

METRO CABLE CORP COMTELE-COMMUNICATIONS INC 130

NUCLEAR PHAAMAC'r'INC COMCOMPAGNIE ORIS: INDS ET AL 130

NUCLEAR PHARMACY INC COMFU MONTY 13D

NUCLEAR PHARMAC\' INC COMFU SHAU CHING CHOU ET AL 13D

OREGON METALLURGICAL COl"P COM OWENS CORNING FIBERGLAS 1~:II

RAGAN BI"AD INC COMGAMCO INVESTORS INC ET AL 13D

SCM COl"P COMHANSON TRUS:T PLC ET AL 13D

STAR TEL CORP COMDSV PARTNEI"S III 13D

TRANS: WORLD AIRLS INC COM tiEW TEXAS AIR CORP 13D

2,855 58.8

4012520.9

27915.1

432.7

1388.5

19714.9

20.470 81.9

48620.9

3.072 29.1

3.055 29.0

1048015.1

137.020 60.2

5909.1

1.003 53.7

65340.3

3.333 5.5

1.541 18.3

7829.3

7819.3

12.114 80.0

74133.8

3.417 34.6

3318.2

7.652 22.3

1.31379:30 58.8

1571771020.9

16245E,1014.3

253120102.1

25312010f 0

3138191016.2

320064100.0

3208621019.6

3700191022.0

3700191021.8

3935051011.9

4021851060.2

440416108.9

451682106.1

5317881035.2

UPDATE

UPDATE

UPDATE

UPDATE

UPDATE

UPDATE

NEW

UPDATE

UPDATE

UPDATE

UPDATE

UPDATE

UPDATE

UPDATE

UPDATE

591'010410 0.0 NEW

6702801018.3 UPDATE

670280109.3 UPDATE

670280109.3 UPDATE

685899100.0 NEW

7506261031.0 UPDATE

784015100.0 RVSION

855683105.2 UPDATE

893~:4'0I60 25.2 UPDATE

NEWS DIGEST, September 26, 1985 7

.ACQUISITION REPORTS CONT.

VENUS: CRUISE LINE COM 41.025 92330610 H'IEDLAND JAMES M 13D 9/11/85 52.6 0.0 NEW

WES:TERN s:rs: LIFE INS CD COM 330 95965610 S:OUTHMARI< CORP ET AL 13D 8/19/65 10.1 10.1 UPDATE.

E COM NEWELL CD 14D-1 9/23/85 35.4 31.4 UPDATE.WRIGHT lo.lM CD 747 98226310

RECENT 8K FlUNGS . Form 8-K is used by companies to file current reports on the following events:

Item 1. Changes in Control of Registrant.Item 2. Acquisition or Disposition of Assets.Item 3. Bankruptcy or Receivership.Item 4. Changes in Registrant's Certifying Accountant.Item 5. Other Materially Important Events.Item 6. Resignations of Registrant's Directors.Item 7. Financial Statements and Exhibits.

The companies listed below have filed 8-X reports for the d.te ln4te.ted and/o~amendments to 8-X reports previously filed, responding to the it•• C,) of the to~ specified. copies of the reports .ay be purchased fr~ the Ca.al •• 10ft', 'ublle Reference Room (when ordering, please give the date of the repo~t). An invoice will be included with the requested material when •• iled.

COMPANY ITEMS NO. tATE

CAN~L ELECTRIC CO 5 0'1/12/85CCLC~'CO VENTURE C~PITAL CORP 2 o.n}l85COMMON~EALTH E~ER~' SYSTEM 5 O,,.21UC~ECIT~RlfT FINANCIAL CORP 2,1 O."t/l,CRECIT~AIFT FINANCIAL INC 2,1 Ot/l6/1tDART & KRAFT INC 5,1 09/16/85 EXPERTELLICENCE IhC 5,6 0"17185 FIRST COMMCN.EALT~ FI~ANCIAl CORP 1 09/06/85 AMEND FIRST COMMCN.EALT~ MORTGAGE TRUST 5 09/09185 GENERAL FOODS CORP 5 09/04/85 GULF STATES UTILITIES CO 7 09/20/85 HAR~'Rt INCUSTRIE~ INC 2,1 09/11185NAZLETGN L~eGRAT(RJES CORP 5 Ofj/04/85 NENtERSON PETRCLEL~ CCRP 5,7 08/29/8~4,.,INTELOGIC TRAtE INC 09/05/85 "'CCCNALDS CORP 5,7 09/21185 M(NCC~ INC 2,3,5 08129/85NATICN'l DISTILLER~ & CHEMICAL CORP 2,7 09/04/85 PACIFIC GAS & ELECTRIC CO 5 09/19185PECPlES Mle IllINCJS CORP 7 01109/85 AMENC PNf FINANCIAL GROLP 4 Ot/05/85RE~LMARK PROPERTY INVESTORS LTD PARTNE~S 2,7 09/09/85 RCMlCCI< INC 1 08/13/85~IlZLE~ RESTAURAN1~ I~TERNATIONAl INC 1 04/30/85 AMENC TIMfERLINE SY~lE~~ INC 5,1 09/09/85

8 NEWS DIGEST, September 26, 1985