Issue 91-113

ews d LIBRARY

U.S. SECURITIES F Y P ~ I G F C QMMSION

CIVIL PROCEEDINGS

INJUNCTIONS AND DISGORGEMENT SOUGHT AGAINST GARY MCWHORTER AND STEVEN PERELWN

The Chicago Regional O f f i c e announced t h a t , on June 3 , i t f i l e d a Complaint t o r Permanent I n j u n c t i o n and Other Equi tab le R e l i e f i n t h e U.S. D i s t r i c t Court f o r =he D i s t r i a t of Minnesota seek ing i n j u n c t i o n s and disgorgement a g a i n s t Gary T. I4cG;horter and Steven L. Perelman f o r v i o l a t i o n s o f Sec t ions 5!a), 5Cc) and 1 7 ( a ) ( l ) - ( 3 ) of the S e c u r i t i e s Act of 1933, S e c t i o n 10(b) of t h e S e c u r i ~ i e s Exchange Act of 1934 arid RU?F l o b - 5 .

The complaint a l l e g e s t h a t from approximately March 1986 t o Novernber 1,986 !<c:i?lorter and Perelman o f f e r e d and s o l d t o some 60 i n v e s t o r s u n r e g i s t e r e d s e c u r i t i e s i n t h e for~ii of conunon s t o c k o f f e r i n g s i n two v e n t u r e companies r a i s i n g approxirnately $310,00(3. The o f f e r i n g s were s t r u c t u r e d a s " b l i n d ven ture c a p i t a l pool" o f f e r i n g s whose und isc losed purpose was t o fund e n t i t i e s i n which McWhorter and Pere?:nan had a d i r e c t o r i n d i r e c t f i n a n c i a l i n t e r e s t .

The complaint f u r t h e r a l l e g e s t h a t informat ion supp l ied t o i n v e s t o r s through s a l s s ! r e i ~ h i r e d by McWhorter and Perelman con ta ined f a l s e and mis lead ing in format ion a b o u t , among o t h e r t h i n g s , t h e use o f proceeds and the p o t e n t i a l r e t u r n on investment . [ S E C v . Gary T. McWhorter and Steven L. Perelman, Civ. No. 3-91-CV-334, U S D C D. Xir1n.j (LR- 12880)

I DEFENDANTS PERMANENTLY ENJOINED I N LOUISIANA

The F o r t Worth Regional and Houston Branch O f f i c e s announced t h a t . on Mav 23, T ~ P

Honorable Tom Stagg , U.S. Chief D i s t r i c t Judge f o r t h e Western D i s t r i c t of L o u i s i a n s , e n t e r e d an Order o f Permanent I n j u n c t i o n and Other Equi tab le R e l i e f a g a i n s t defendrlnta T.A. Robinson, Mike LeBlanc and Jarnes D . C a l l i c o t t , a l l of Yonroe, Louis iana , i r ! .I

c i v i l a c t i o n a l l e g i n g a s e c u r i t i e s f r a u d by an insurance ho ld ing company and o t h e r s . The C o u r t ' s Order permanently e n j o i n s these defendants from e n ~ a g i n g i n f u r t ! l ~ r v i o l a t i o n s o f t h e s e c u r i t i e s r e g i s t r a t i o n , b r o k e r - d e a l e r and a n t i f r 3 u d p r o v i s i o n s of t h e f e d e r a l s e c u r i t i e s laws.

The Court also ordered the defendants to pay a disgorgernent amount equal to the proceeds paid to them as a reslilt of the activities alleged in the C~nunission~~ Complaint, plus prejudgment iuterest. The Court will determine the disgorgeme amount and whether the defendants are able to make payment of such amount if 't parties do not reach an agreement on these points. The defendants consented to t Order without admitting or denying the allegations. A number of Louisiana sta criminal actions are pending as to these defendants. [SEC v. ALIC Corporation, G1 D. McCart, et al., Civil Action No. CV 90-0521, USDC WD/LA] (LR-12881)

iHOMAS WACKER ENJOINED 1 1

The Denver Regional Office announced that, on May 30, a Final Judgment of Permanent Injunction was entered by the. U.S. District Court for the District of Colorado against Thomas J. Wacker (Wacker). Wacker consented, without admitting or denying the allegations in the complaint, to a permanent injunction from future violations of the registration and antifraud provisions of the Securities Act of 1933 and the Securities Exchange Act of 1934. Wacker further consented to an order of disgorgernent of profits, which was waived based on proof of inability to pay. The complaint alleged that Wacker and other defendants offered and sold contracts for investments in gold and that Wacker, among others, acted fraudulently. See LR-12636, LR-12759 and LR- 12817. [SEC v. Wacker Marketing, Inc. et al., Civil Action No. 90-F-17121 (LR-12883)

LISTING, DELISTING AND UNLISTED TRADING ACTIONS I WITHDRAWAL SOUGHT I

I

DELISTING GRANTED I

A notice has been issued giving interested persons until July 1 to comment on t application of NYCOR. Inc. to withdraw its Common stock, $1.00 Par Value, from listi@ and registration on the Philadelphia Stock Exchange. (Rel. 34-29287)

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An order has been issued granting the application of the Philadelphia Stock Exchange I

to strike from listing and registration the Ronson Corporation, Common Stock, Par Value $1, and Preferred Stock, 12% Cumulative Convertible. (Rel. 34-29286)

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UNLISTED TRADING PRIVILEGES GRANTED

Orders have been issued granting the applications of the following exchanges for unlisted trading privileges in issues which are listed and registered on one or more other national securities exchanges and are reported in the consolidated transaction reporting system: Philadelphia Stock Exchange - 5 issues (Rel. 34-29280); Pacific Stock Exchanee - 1 issue (Bel. 34-29281); Midwest Stock Exchan~e - 11 issues (Bel. 34-29282); and Cincinnati Stock Exchange - 22 issues (Rel. 34-29283).

NEWS DIGEST, June 12, 199 @la

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SIGNIFICAN'tNb~ACTIONAND INTERPRETATIVE LETTERS

EXCHANGE ACT

The Division of Corporation Finance has announced the publication of significant staff correspondence interpreting the new Section 16 rules. Copies of the letter may be obtained by writing to, or by making a request in person at, the Public Reference Room, Securities and Exchange Commission, 450 5th Street, N.W. , Room 1024, Washington, D.C. 20549. Each request must state the name of the subject company, the Act and the Section of the Act to which it relates, and the public availability date.

Letter Availability SubjectDate

Gibson, Dunn & Crutcher June 12, 1991 Interpretive letter regarding reportingpursuant to Section l6(a)

SECURITIES ACT REGISTRATIONS

The following registration statements have been filed with the SEC under the

Ii..,..······.·.· Securities Act of 1933. The reported information appears as follows: Form, Name, ..'i'Y 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 managingunderwriter or depositor (if applicable); File number and date filed; Assigned Branch,and a designation if the statement is a New Issue.

S-1 RELIFE INC IAL, TWO METROPLEX DR STE SOD, BIRMINGHAM, AL 35209 (205) 870-8099 -1,380,000 (S17,940,OOO) COMMON STOCK. UNDERWRITER: BRADFORD J C & CO. (FILE 33-40890 - JUN_ 03) (BR_ 6 - NEW ISSUE)

S-4 MURPHY OIL CORP IDE, 200 PEACH ST, EL DORADO, AR 71730 (501) 862-6411 - 1,016,552(S19,119,912.51) COMMON STOCK. (FILE 33-40894 - JUN. 03) (BR. 4)

S-1 KHA LTD PARTNERSHIP, ONE INTERNATIONAL PLACE, BOSTON, MA 02110 (617) 330-8600 - 100 (S10,OOO,Ooo) LIMITED PARTNERSHIP CERTIFICATE. (FILE 33-40895 - JUN. 03) (BR. 12 - NEW ISSUE)

S-11 ALLIANCE FUNDING CO /NJ, 135 CHESTNUT RIDGE RD, MONTVALE, NJ 07645 - 1,000,000(S1,OOO,000) EQUIPMENT TRUST CERTIFICATES. UNDERWRITER: GREENWICH CAPITL MARKETS INC,MERRILL LYNCH & CO. (FILE 33-40896 - JUN. 04) (BR. 11 - NEW ISSUE)

S-3 TENNECO INC IDEI, TENNECO BLDG, HOUSTON, TX 77002 (713) 757-2131 - 10,350,000(S455,400,OOO) PREFERRED STOCK. (FILE 33-40899 - JUN. 04) (BR. 4)

) ~NEYSDIGEST' June 12, 1991 3

... 1

REGISTRATIONS CONTINUED

S-2 INTERFERON SCIENCES INC, 783 JERSEY AVE, NEW BRUNSWICK, NJ 08901 (201) 249-3250 • 1,150,000 ($11,150,000) PREFERRED STOCK. 100,000 ($100) WARRANTS, OPTIONS OR RIGHTS. 100,000 ($1,200,000) PREFERRED STOCK. (FILE 33-40902 - JUN. 04) (BR. 4)

S-1 SPECIAL DEVICES INC IDE, 16830 W PLACERITA CANYON RD, NEWHALL, CA 91321 (805) 259-0753 - 480,000 ($5,760,000) COMMON STOCK. 1,797,000 ($21,564,000)COMMON STOCK. UNDERWRITER: PAINEWEBBER INC. (FILE 33-40903 - JUN. 04) (BR. 6- NEW ISSUE)

S·1 CALDOR CORP, 20 GLOVER AVE, NORWALK, CT 06856 (203) 849-2000 - 194,453($320,847.45) FLOATING RATE NOTES. (FILE 33-40904 - JUN. 04) (BR. 1)

S-6 UNCOMMON VALUES UNIT TURST 1991 SERIES, TWO WORLD TRADE CNTR - 101ST FLR, CIO SHEARSON LEHMAN BROTHERS INC, NEW YORK, NY 10048 - INDEFINITE SHARES. (FILE33-40905 - JUN. 04) (BR. 18 - NEW ISSUE)

S-8 HERITAGE FINANCIAL LIMITED, 8TH & ARDEN STREETS, BOONE, IA 50036 (515) 432-1220 • 15,209 ($224,468.90) COMMON STOCK. (FILE 33-40906 - JUN. 04) (BR. 1)

S-1 LITTLE SWITZERLAND INCIDE, 161-B CROWN BAY CRUISE SHIP PORT, ST THOMAS, V1 00802 (809) 776-2010 - 6,555,000 ($91,770,000) COMMON STOCK. (FILE 33-40907 - JUN. 04)(BR. 10 - NEW ISSUE)

S-3 DOW CAPITAL BV, AERT VAN NESSTAAT 45, POBOX 1310, 3000 BH ROTTERDAM, 0748674 (517) 636-1000 - 500,000,000 ($500,000,000) STRAIGHT BONDS. (FILE 33-40908 - JUN. 04)(BR. 2)

S-6 KANSAS TAX EXEMPT TRUST SERIES 43, 120 SOUTH MARKET SUITE 610, WICHITA, KS 67202 • 1,000 ($1,010,000) UNIT INVESTMENT TRUST. (FILE 33-40909 - JUN. 04) (BR. 17 - NEW ISSUE) t)

S-6 VAN KAMPEN MERRITT INSURED INCOME TRUST SERIES 11, 1001 WARRRENVILLE RD,CIO VAN KAMPEN MERRITT INC, LISLE, IL 60532 - $1,010,000 UNIT INVESTMENT TRUST. DEPOSITOR: VAN KAMPEN MERRITT INC. (FILE 33-40910 - JUN. 04) (BR. 18 - NEW ISSUE)

S-4 ENVIROQ CORP, 11511 PHILLIPS HWY SOUTH, JACKSONVILLE, FL 32256 (904) 260-5802 -134,452 ($672,260) COMMON STOCK. 2,016,776 ($2,016,776) COMMON STOCK. (FILE 33·40960 - JUN. 03) (BR. 10)

S-8 GLOBAL MARINE INC, 777 N ELDRIDGE RD, HOUSTON, TX 77079 (713) 596-5100 - 5,250,000($24,937,500) COMMON STOCK. (FILE 33-40961 - JUN. 03) (BR. 3)

N-2 AMERICAN ADJUSTABLE RATE TERM TRUST INC 1997, 222 SOUTH NINTH ST,PIPER JAFFRAY TOWER, MINNEAPOLIS, MN 55402 (612) 342-6426 - 6,900,000 ($69,000,000) COMMON STOCK. UNDERWRITER: PIPER JAFFRAY & HOPWOOD INC. (FILE 33-40962 - JUN. 03) (BR. 16 - NEW ISSUE)

F-6 OSH N V IADR, 48 WALL ST, CIO BANK OF NEW YORK, NEW YORK, NY 10286 (212) 495-1727 -50,000,000 ($2,500,000) DEPOSITARY RECEIPTS FOR COMMON SlOCK. (FILE 33-40997 -JUN. 03) (BR. 99 - NEW ISSUE)

S-1 VIDEO LOTTERY TECHNOLOGIES INCIDE, 2311 SOUTH 7TH AVE, BOZEMAN, MT 59715 (406) 586-4423 - 3,135,000 ($40,755,000) COMMON STOCK. UNDERWRITER:MONTGOMERY SECURITIES. (FILE 33-41000 - JUN. 03) (BR. 6 - NEW ISSUE)

S-8 NEWPORT PHARMACEUTICALS INTERNATIONAL INC IDEI, 140 COLUMBIA, LAGUNA HILLS, CA 92656 (714) 362-1330 - 500,000 ($2,094,000) COMMON STOCK. (FILE 33-41026 - JUN. 03) (BR. 1)

4 NEWS DIGEST. June 12. 1991

, ..REGISTRATIONS CONTINUED

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S-8 SIERRA SEMICONDUCTOR CORP, 2075 N CAPITOL AVE, SAN JOSE, CA 95132 (408) 263-9300 -1,559,206 (S13,353,040_18) COMMON STOCK. (FILE 33-41027 - JUN. 03) (BR_ 3)

S-8 FAYlESS INVESTORS INC, 1400 BROADWAY, NEW YORK, NY 1001S (212) 221-4000 - 214,500($4,236,375) COMMON STOCK. 35,500 (S510,312.50) COMMON STOCK_ (FILE 33-41028 -JUN_ 03) (BR. 16)

5-8 PAMET SYSTEMS INC, 1000 MAIN ST, ACTON, MA 01720 (508) 263-2060 - 400,000(S2,250,000) COMMON STOCK. (FILE 33-41029 - JUN. 03) (BR. 9)

S-8 FIRSTAR CORP/WI, 777 E WISCONSIN AVE, MILWAUKEE, WI 53202 (414) 765-4321 - 750,000(S26,625,000) COMMON STOCK. (FILE 33-41030 - JUN. 03) (BR. 1)

S-3 UNIVERSITY PATENTS INC, 1465 POST RD E, PO BOX 901, WESTPORT, CT 06881(203) 255-6044 - 202,306 ($1,517,295) COMMON STOCK. (FILE 33-41031 - JUN. 04) (BR. 5)

S-S TORCHMARK CORP, 2001 3RD AVE S, BIRMINGHAM, Al 35233 (205) 325-4200 - 460,000(S3,836,400) COMMON STOCK. 25,000 (S775,OOO) COMMON STOCK. 5,000 (S150,000) COMMON STOCK_ 40,000 ($2,095,200) COMMON STOCK. 71,408 (S3,861,030.56) COMMON STOCK. (FILE 33-41032 - JUN. 04) (BR. 10)

S-2 BURNHAM PACIFIC PROPERTIES INC, 610 WASH ST, SAN DIEGO, CA 92101 (619) 236-1555 1,500,000 (S22,875,000) COMMON STOCK. (FILE 33-41033 - JUN. 04) (BR. 6)

S-8 COLONIAL BANCGROUP INC, ONE COMMERCE ST, POBOX 1108, MONTGOMERY, AL 36101 (205) 240-5000 - 250,000 (S2,291,500) COMMON STOCK. (FILE 33-41036 - JUN. 04) (BR. 2)

S-8 CE SOFTWARE HOLDINGS INC, 1801 INDUSTRIAL CIRCLE, PO BOX 65580, WEST DES MOINES, IA50265 (515) 224-1995 - 400,000 (S2,400,000) COMMON STOCK. (FILE 33-41037 - JUN. 05) (BR. 10)

S-S VIDEO JUKEBOX NETWORK INC, 12000 BISCAYNE BLVD, MIAMI, FL 33181 (305) 899-9000 -200,000 (S350,000) COMMON STOCK. 174,000 ($411,500) COMMON STOCK. 120,000 ($600,000) COIt4QNSTOCK. 211,812 (S1,391,604) COMMON STOCK. 106,500 (S186,375) COMMON STOCK. (FILE 33-41038 - JUN. 05) (BR. 7)

S-8 U S LONG DISTANCE CORP, 9311 SAN PEDRO STE 300, SAN ANTONIO, TX 78216 (512) 525-9009 - 1,009,994 (S2,339,786.80) COMMON STOCK. (FilE 33-41039 - JUN. 05) (BR. 7)

S-8 ILLINOIS CENTRAL CORP, 233 N MICHIGAN AVE, CHICAGO, IL 60601 (312) 819-7500 -1,000,000 (S18,875,000) COMMON STOCK. (FILE 33-41052 - JUN. 04) (BR. 5)

S-2 IMMUNOMEDICS INC, 150 MT BETHEL RD. WARREN, NJ 07060 (908) 647-5400 - 2,875,000(S21,562,500) COMMON STOCK. (FILE 33-41053 - JUN. 05) (BR. 8)

S-3 WEBB OEL CORP, 2231 E CAMELBACK RD, PHOENIX, AZ 85016 (602) 468-6800 - 2.300,000(S28,888,000) COMMON STOCK. (FILE 33-41056 - JUN. 05) (BR. 10)

S-3 CHIQUITA BRANDS INTERNATIONAL INC, 250 E FIFTH ST, CINCINNATI, OH 45202(513) 784-8011 - 639,535 (S27,500,005) COMMON STOCK. (FILE 33-41057 - JUN. 05) (BR. 3)

S-3 FIRST FIDELITY BANCORPORATION /NJ/, 1009 LENOX DR BLDG 4, POBOX 6980,LAWRENCEVILLE, NJ 08648 (609) 895-6800 - 75,000 (S75,OOO,OOO) PREFERRED STOCK. (FILE33-41061 - JUN. 05) (BR. 2)

DIGEST, June 12, 1991 5

l ..

REGISTRATIONS EFFECTIVE:

May 14: Wheelabrator Technologies Inc., 33-39829.May 16: LDDS Communications, Inc., 33-40530.May 19: Penril Datacomm Networks, Inc., 33-40217.M£.:j 22: Star Banc Corporation, 33-39974.May 23: Hecla Mining Company, 33-40691; and State of the Art, Inc., 33-39771.May 24: Bioplasty, Inc., 33-40202; Dibrell Brothers, Incorporated, 33-39531; andProvince of Ontario, 33-40760.May 28: Confertech International, Inc., 33-40147; Mesa Airlines, Inc., 33-39821; andMorrison Knudsen Corporation, 33-40502.May 29: Avon Products, Inc., 33-40603; Del Electronics Corporation, 33-40314; EmpireVentures Inc., 33-39231-NY; Jostens, Inc., 33-40233; Scimed Life Systems, Inc., 33-40362; Security Corporation, 33-38959; Synovus Financial Corp., 33-40777; and The VonsCompanies, Inc., 33-40317.May 30: Arthur J. Gallagher & Co., 33-40034; CBI Industries, Inc., 33-40591; ClinicalTechnologies Associates, Inc., 33-40061; and Wheatley TXT Corp., 33-39922_May 31: Beverly Hills Fan Company, 33-37452-LA; Cambridge Biotech Corporation, 33-40674; Dean Witter Reynolds Inc., Sponsor of: Sears Municipal Trust, Insured CaliforniaIntermediate Series I, 33-38861; Thor Energy Resources, Inc., 33-36055; First Union RealEstate Equity and Mortgage Investments, 33-38754; Galactic Resources Ltd., 33-39492;Great American Recreation, Inc., 33-39074; LDDS Communications, Inc., 33-40366; Proteon,Inc., 33-40073; The World Funds, Inc., 33-40307; and First Republic Bancorp., Inc., 33-40182.June 4: The Bear Stearns Companies Inc., 33-40933; Columbia Hospital Corporation, 33-40051; Partners Preferred Yield, Inc., 33-38318; and U.S. Homecare Corporation, I~··.'40288.June 5: Nuveen Florida Investment Quality Muncipal Fund, 33-40024; Nuveen New Jers J

Investment Quality Muncipal Fund, Inc., 33-40023; Nuveen Pennsylvania Investment QualityMunicipal Fund, 33-40025.

ACQUISITION OF SECURITIES .

Companies and individuals must report to the Commission within ten days on Schedule l3D if after the acquisition of equity securities of a public company their beneficial interest therein exceeds five percent. Persons eligible to use the short form (Schedule 13G) may in lieu of filing a Schedule 13D file a Schedule 13G within 45 days after the end of the calendar year in which the person became subject to Section l3(d)(1). Companies and individuals making a tender offer must have on file at the time the tender offer commences a Schedule 14D-1.

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NEWS DIGEST, June 12, 1991« 6

Below is a list of recent filings of Schedules 130 and 140, which includes the following information: Column 1 - the company purchased (top), and the name of the purchaser; Column 2 - the type of security purchased; Column - 3 - the type of form filed; Column 4 - the date the transaction occurred; Column 5 - the current number of shares (in OOO's) owned (top) and the current percent owned; Column 6 - the CUSIP number (top) and the percent owned; and Column 7 - the status of the filing, i.e., new, update or revision.

EVENT SHRS(OOO)/ CUSIP/ FILINGNAME AND CLASS OF STOCK/OWNER FORM DATE XOWNED PRIOR" STATUS

ADC TELECOtMINICATION INC COM N/A 00088610STATE OF WISCONSIN INVEST BD 130 5/31/91 N/A 5.6 UPDATE

AIRSHIP INTL LTD COM 1,040 00949810FIGLIOLIA ALFONSO 130 1/31/91 7.2 0.0 NEW

BAKER J INC COM 900 05723210, STATE OF WISCONSIN INVEST BD 130 5/23/91 8.8 9.8 UPDATE

CAROLINA FINL CORP COM 77 14387210IGOE HAROLD E JR 130 4/12/91 9.6 0.0 NEW

,~, CHILDRENS DISCOVERY CTRS AME CL A 3,625 16875710PROSPECT GROUP INC ET AL 130 4/17/91 39.1 35.1 UPDATE

CONSOLIDATED STORES CORP COM 6,198 21014910SOLCO INC ET AL 130 5/30/91 13.6 15.6 UPDATE

CURTISS WRIGHT CORP COM 737 23156110GAMCO INVESTORS INC ET AL 13D 6/ 4/91 14.6 13.5 UPDATE~(' EMERSON RADIO CORP COM 15,564 29108710 SEMI TECH LTD ET AL 130 6/ 4/91 41.1 0.0 NEW

FIRST ILL CORP COM 5,926 32053610TERRA DANIEL J 130 6/ 3/91 21.9 22.2 UPDATE

FIRSTFED FINL CORP DEL COM 560 33790710GOLDMAN SACHS & CO ET AL 130 6/ 3/91 6.8 5.3 UPDATE

FOUNTAIN PWR BOAT INDS INC COM 2,595 35075510FOUNTAIN REGINALD M JR 130 5/30/91 58.4 52.6 UPDATE

GOAL SYS INTL INC COM 1,234 38020310STATE OF WISCONSIN INVEST BD 130 5/28/91 6.5 5.5 UPDATE

HORIZON INDS INC COM 550 44042310BEAULIEU OF AMERICA ET AL 130 5/31/91 10.1 10.1 UPDATE

HORIZON INDS INC COM 412 44042310RALSTON M EDWARD 130 5/31/90 7.6 17.6 UPDATE

INSITUFORM NORTH AMER INC CLASS A 915 45766410RINGWOOD LTD ET AL 130 5/30/91 11.7 13.2 UPDATE

~ NEWS DIGEST, June 12, 1991 7

ACQUISITIONS CONT.

EVENT SHRS(OOO)/ CUSIPI FILING ttl NAME AND CLASS OF STOCK/OWNER FORM DATE XOWNED PRIOR% STATUS

INSITUFORM MID AMERICA INC CL A 0 45799310INSITUFORM NO AMERICA 130 5/31/91 0.0 25.1 UPDATE

INSITUFORM MID AMERICA INC CL A 0 45799310RINGWOOD LTD ET AL 130 5/31/91 0.0 25.1 UPDATE

LA QUINTA MTR INNS INC C(J4 1,283 50419510TAYLOR TH(J4AS METAL 130 6/ 7/91 9.8 14.9 UPDATE

MAl SYSTEMS INC C(J4 57,614 55262010LEBOW BENNETT S ET AL 130 4/11/91 100.0 100.0 UPDATE

MSA RLTV CORP C(J4 629 55349510GOLDMAN SACHS & CO ET AL 130 5/31/91 7.3 6.2 UPDATE

MARYLAND FED BANCORP INC C(J4 20 57406110SMITH GORDON V ET AL 130 5/30/91 0.7 9.5 UPDATE

MATERIAL SCIENCES CORP CCII 388 57667410STATE OF WISCONSIN INVEST BD 130 5/24/91 7.7 6.4 UPDATE

MED-CHEM PRODS INC C(J4 562 58491110SIGNAL CAPITAL CORP 130 5/24/91 12.6 0.0 NEW

MICROWAVE LABS INC COM 2,167 59599310INTERSOUTH PARTNERS II ET AL 130 5/20/91 30.1 20.8 UPDATE

MICROWAVE LABS INC C(J4 1,921 59599310WOODY W RUFFIN JR 130 5120/91 26.7 11.4 UPDATE •

MISSOURI RESH LABS INC C(J4 250 60626610COTTLE WILLIAM C 130 4/17{91 9.8 0.0 NEW

NIAGARA EXCHANGE CORP C(J4 1,212 65336610RIEDMAN CORP ET AL 130 5/31/91 43.6 44.1 UPDATE

PHARMAKINETICS LABS INC C(J4 551 71713110MACKIE ROBERT A JR ET AL 130 12/31/91 5.5 5.5 RVSION

PIONEER FED BANCORP INC C(J4 162 72367010FELIX JOHN HENRY ET AL 130 5/ 8/91 6.6 0.0 RVSION

PROSPECT GROUP INC CCII 1,179 74291820DAVIDSON M H & CO 130 5/30/91 5.1 0.0 NEW

PUBLIC SVC CO N H C(J4 0 74448210GOLDMAN SACHS & CO 130 61 5/91 0.0 NIA UPDATE

RADIANT TECHNOLOGY CORP C(J4 NEW 276 75090030MCNAMEE LAWRENCE R 130 61 1/91 9.1 7.3 UPDATE

NEWSDIGEST, June 12, 1991« 8

ACQUISITIONS CONT.

IIL EVENT SHRS(OOO)/ CUSIP/ FILING

NAME AND CLASS OF STOCK/OWNER FORM DATE XOWNED PRIOR% STATUS

RAPITECH SYS INC COM 326 75381010 SHAPIRO E DONALD 130 2/22/91 5.1 0.0 NEW

RUSS TOGS INC COM 1,357 78224220KENNEDY 0 S & CO 130 6/ 7/91 18.5 17.0 UPDATE

TERADATA CORP COM 795 88076910STATE OF WISCONSIN INVEST BD 130 5/20/91 5.2 0.0 NEW

VERIFONE INC COM 1,362 92342910STATE OF WISCONSIN INVEST BD 130 5/23/91 6.4 5.1 UPDATE

VIGORO CORP COM 1,110 92675410PROOPS JAY 0 ET AL 130 5/28/91 5.6 0.0 NEW

VONS COS INC COM 2 92886910ACADIA PARTNERS ET AL 130 6/ 6/91 0.0 16.2 UPDATE

RECENT 8K FILINGS

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.Item 8. Change in Fiscal Year.

The companies listed below have filed 8-K reports for the date indicated and/oramendments to 8-K reports previously filed, responding to the item(s) of the form specified. Copies of the reports may be purchased from the Commission's Public Reference Room (when ordering, please give the date of the report). An invoice will be included with the requested material when mailed.

STATE SIC ITEM NO. NAME OF ISSUER CODE 1 234 5 678 DATE COMMENT ---------------------------------------- .. _-_ ..... ------ ... _- ---- .. ---ADAC LABORATORIES CA X X OS/29/91ADVANTA CORP DE X X OS/29/91AG AUTOMOTIVE WAREHOUSES INC DE X 05/07/91ALFA RESOURCES INC CO X 02/27/91 AMEND ALLECO INC MD X 06/03/91ALLISONS PLACE INC CA X X X X X X 05/10/91AMERICA WEST AIRLINES INC DE X X 06/06/91

NEWS DIGEST, June 12, 1991 9

F

8K REPORTS CONT.

NAME OF ISSUER --.------~------------------------------AMERICAN HOUSING TRUST IX AMERICAN HOUSING TRUST VII AMERICAN HOUSING TRUST VIII AMERICAN LEARNING CORP AMERICAN NUCLEAR CORP AMERITECH CORP /DE/ AMETECH INC AN CON GENETICS INC ASSOCIATED TRADES INC AUTO DEPOT INC AVALON CORP AYDIN CORP BANKERS TRUST NEW YORK CORP BID TECHNOLOGY GENERAL CORP BIOSPHERICS INC BIRMINGHAM STEEL CORP BLOUNT INC BORDEN INC

STATE CODE

NY

DE CO DE OK

DE NV DE JII)

DE NY DE DC DE DE NJ

SIC ITEM NO. 1 234 5 678 ------------_ ... -

X X X X X X X

X X X

X X X X X

X X X

X X X X X

X X X

X X X

DATE --- ...... _--OS/23/91OS/28/91OS/25/9105/14/9105/31/9106/04/9105/30/9105/13/9105/01/9105/15/91OS/24/9106/03/9106/10/9105/16/9105/15/91OS/23/9105124/9105122/91

COMMENT

AMEND

AMEND

')

BUS INESS LAND INC CALTON INC CAMELOT CORP CAMPBELL RESOURCES INC/NEWCAPROCK CORP CENTRAL LIFE ASSURANCE CO

CA NJ CO

CO IA

X

X X

X

X

X X X X

06/03/91OS/29/9103/0719106/04/91OS/29/9106101/91

AMEND

CHERRY CORP CITICORP MORT SEC INC REMIC PASS THRO CI CITIZENS FINANCIAL CORP/DE/COLLATERALIZED MORTGAGE CAPITAL OBLIGATI COMTECH TELECOMMUNICATIONS CORP /DE/ CONSOLIDATED FINANCIAL CORP /DE/ COOPER DEVELOPMENT CO COORS ADOLPH CO CRESTED CORP CULINARY CAPITAL CORP CYPRESS EQUIPMENT FUND· LTD DATRONIC EQUIPMENT INCOME FUND XIX L P DATRONIC EQUIPMENT INCOME FUND XIX L P DATRONIC EQUIPMENT INCOME FUND XVI L P DATRONIC EQUIPMENT INCOME FUND XVIII L P DSI INVESTMENTS INC DUPONT E I DE NEMOURS & CO DUQUESNE LIGHT CO DURHAM CORP EASTLAND FINANCIAL CORP/RI/ELCO INDUSTRIES INC ELLISON RAY MORTGAGE ACCEPTANCE CORP ENVIRODYNE INDUSTRIES INC

DE

DE DE DE DE DE CO CO CO FL DE DE DE DE UT DE PA NC RI DE-TX DE

X

X X

X X X

X X

X

X

X X

X X X X

X X X X

X X X X

X X

X

X

X X

X X X

X

X

OS/28/91OS/29/9103/18/9107/1719006/04/9106/03/91OS/24/9105/13/9106/01/9103/14/9106/01/9110/19/9004/17/9104/17/9110/19/9003/21/9106/07/9104/30/9106/03/9106/04/91OS/22/91OS/28/9105/17191

AMEND

EXTANT INVESTMENTS INC NV X X 05/17191

FEDFIRST BANCSHARES INC FIREMANS FUND MORTGAGE CORP FIRST CAPITAL INCOME PROPERTIES LTD SERI

DE DE FL X

X

X X

X

06/07/9104/25/91OS/23/91

NEWS DIGEST, June 12, 1991«10

8K REPORTS CONT.

STATE 8K ITEM NO. NAME OF ISSUER COOE 12345678 DAlE C-.~"'EIjT ----------------------- .. ------._-------- -_.------------ --------FIRST F!RST

MEDICAL INTERNATiONAL INC NATIONwiDE BANK SERIES 1989 AMRES-

DE X

X

X 04/1?/912)/23/91

FIRST FIRST FIRST FIRST FIRST FIRST FIRST

NATIONwIDE BANK NATIONwiDE BANK NATIONwiDE BANK NATIONwiDE BANK NATIONwiDE BANK PROVIDENT GROUP TUDOR CORP

SERIES SERIES SERIES SERIES SERIES INC

i989 1989 1989 1989 1989

AMRES-AMRES-FNB-1 FNB-2 [CAMC- CA

NC NY

NO

)(

X

X X x

iTEMS X

OS/23/91OS/28/91OS/28/91OS/28/91OS/28/9103/28/91OS!?e/9'

AMEsD

FLEET MORTGAGE SECURITIES INC FLEET MORTGAGE SECURITIES TRUST 1990-2 FLIGHT INTERNATIO~AL GROUP ~'-JC

FMS FINANCIAL CORP FSI INTERNATIONAL INC GE CAPITAL MORTGAGE SERVICES INC GENERAL AUTCJIoI.~T ION INC GOOD SOFTwARE CORP GROWTH DEVELOPMENT CORP GUARDSMAN PRODUCTS INC GULF CANADA RESOURCES LTD GULFCOAST PRODUCTIONS INC HARBOR AMERICAN HEALTH CARE TRUST INC HARMONY GROUP LTD HEALTHMATE INC

RI RI GA NJ MN NJ OE 101M DE DE

DE MD DE DE X

)(

X

X

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X

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X

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X

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x

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OS/25/91OS/25/9105/30/9106/07/9105/15/91OS/28/9105/31/9105/31/9103/25/9103/06/91OS/24/9104/29/9105/3i/9104/06/9,06/05/91

AMEND

HCJIoIESTEADHOLDING CORP IBI SECURITY SERVICE INC 10M FINANCIAL INCOME PARTNERS CO II 10M PARTICIPATING INCOME CO 10M PARTICIPATING INCOME CO II 10M PARTICIPATING INCOME COMPA~Y IV IDM PARTICIPATING INCOME COMPANY V IE INDUSTRIES INC IMC FERTILIZER GROUP INC INLAND REAL ESTATE GROWTH FUND II LP INTERNATIONAL MUREX TECHNOLOGIES CORP JOSTENS INC K MED CENTERS INC KRUPP COMMERCIAL PROPERTIES LTD PARTNERS LB MORTGAGE TRUST CLASS S-3 CERTIFICATES LB MORTGAGE TRUST SERIES 1991-1-1 lB MORTGAGE TRUST SERIES 1991-1-2 lB MORTGAGE TRUST SERIES 1991-1-3 LIGHTNING BOLT INTERNATIONAL INC lONG ISLAND LIGHTING CO M INC

PA NY CA CA CA CA

IA DE DE

MN TX MA DE DE DE DE NV NY NV

x

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05/31/9106/04/9104/16/9104/16/9104/16/9104/16/9104/16/9106/06/9106/05/9105/31/91OS/23/9106111/91 05/30/'llOS/24/91OS/28/91OS/28/91OS/28/91OS/28/9106/05/9106/10/9106/03,91

AI'!END AMEND A!oOEND AMEND AMEND

MAGNA INTERNATIONAL INC MARINE MIDLAND BANK N A MATTEL INC /DE/MBNA CORP MCM CORP MERCADO MARKETING CORP MERCHANTS GROUP INC

DE MD NC DE DE

X

x X

X x X X X

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X X

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06/06/91OS/25/9106/07/9106/06/9105/31/91OS/22/9105/30/91

~. NEwS DIGEST. June 12. 19qj

p

~~~E 0;: ISSUER

STATE CODE

8K rTEM NO. 1 2 3 4 5 6 7 8 DATE COMMENT

"';: PR III LYNCH s CO !NC "l[JIJEST RESOURCES INC "'n~TA~A ~gEtISION MINI~G ~TD ~O.. TANA ,'REClSION ";N!IIG LTD "O~EHDJSE I~DUSTRIES INC "'~QTGAGE BANKERS FINANCIAL CORP "'SF rAS' ~ SYSTEMS !NC

~A'IONAL tNrERPRISES !NC ~~'IGN~c ~ATE~T DEvELOPMENT CORP "C~B CORP NfIJS COMMUNICATIONS INC t;;JI( I ~ 0 ROl !NA NATURAL GAS CORP NC~TH LILY MINING CO NORTH SHORE GAS CO /IL/I/PL CORPNYCAL CORP OGDEN PROJEC1S iNC OKLAHOMA GAS & ELECTRIC CO JNECARD HEALTH SYSTE~S CORP oss IT r NSTRUME~T CORP PEOPLES ENERGY CORP PEOPLES GAS LIGHT & COKE CO PHARMACC MEDICO SYSTEMS CORP PHARMAC1 MANAGEMENT SERYICES INC PI~NACLE BANCORP INC PLATiNUM TECHNOLOGY INC POTENTIAlISTICS INC PROfESSIONAL CARE INC PQUDE~T!AL HOME MORTGAGE SECURITIES COMP PRUDENTIAL HOME MORTGAGE SECURITIES COMP PUBLIC STORAGE PROPERTIES XIV INC RADON TESTING CORP OF AMERICA INC RECOTON CORP REDWOOD EMPIRE BANCORP RESOURCE GENERAL CORP RESJ~GENS C~MUNICATIONS GR8UP INC RESURGENS COMMUNICATIONS GROUP INC ROCHESTER GAS & ELECTRIC CORP RYLA~D MORTGAGE SECURITIES CORPORATION S RYLAND MORTGAGE SECURIT!ES CORPORATION S RYLAND MORTGAGE SECURITIES CORPORATION S RYLAND MORTGAGE SECURITIES CORPORATION T SARATOGA. BANCORP SEARS MORTGAGE SECURITIES CORP SEARS MORTGAGE SECURITIES CORP MORT PASS SEARS MORTGAGE SECURITIES CORP MU CL MO SEARS MORTGAGE SECURITIES CORP MU CL MO SEARS MORTGAGE SECURITIES CORP MU CL MO SEARS MORTGAGE SECURITIES CORP PASS iHR SECURITY PACIFIC ~AT!ONAL BAN~ MORT PASS SrCURlTY PACIFIC NATIONAL BANK MORT PASS SERVINATIONAL INC

DE IA WA

IIA CA DE DE IN DE NC NV DE UT IL AZ DE DE OK DE DE IL IL CO FL DE DE DE NY DE DE

NY NY CA OH GA GA NY VA VA VA VA CA DE DE'

DE DE

NY

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06/11/9106/06/9105/30/9106/05/9106/05/9106/01/9105/30/91OS/28/91OS/29/9105/30/91OS/22/9106/07/9106/05/9106/04/9106/03/9106/07'/91 OS/23/9106/05/91OS/22/91OS/24/9106/04/9106/04/9105/15/91OS/20/9105/16/91OS/24/9106/07/9104/09/91OS/23/91OS/25/9106/03/91OS/28/91OS/28/9106/04/9112/06/90OS/29/9105/31/9106/07/91OS/28/91OS/28/91OS/28/91OS/28/91OS/22/91

05/31/9105/31/9105/31/9105/31/9105/31/9105/31/91OS/28/91OS/28/9106/04/91

AMEND