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\ sec new~~i oest Issue 86-39 __ "II' February 27, 1986 U.S. SECURITIES AND EXCHANCE COMMISSION 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 le30, 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 meeting should notify the Secretary's office 48 hours in advance of the meeting. CLOSED MEETING - WEDNESDAY, MARCH 5, 1986 - 2:30 p.m. The subject matter of the March 5 closed meeting will be: Settlement of administra- tive proceeding of an enforcement nature; Settlement of injunctive action, Institution of injunctive actions; Institution of administrative proceedings of an enforcement nature. OPEN. MEETING - THURSDAY, MARCH 6, 1986 - 10:00 a.m. The subject matter of the March 6 open meetin9 will be: (1) Consideration of whether to adopt amendments to Rule 10a-l (short sale rule) und~r the Securities Exchange Act of 1934 that exclude from its application transac- tions in National Market System securities that are traded on an exchange on a listed or unlisted trading privilege basis. FOR FURTHER INFORMATION, PLEASE CONTACT Andrew E. Feldman at (202) 272-2414. (2) Consideration of whether to adopt Rule 3a12-9 under the Securities Exchange Act of 1934. Rule 3a12-9 provides an exemption from the arranging for credit provisions of Sections 7(c) and 11(d){1) of the Exchange Act for public offerings of direct participation programs with mandatory deferred payment features. In general, the Rule will allow broker-dealers to participate in public offerings of direct partici- pation program securities with mandatory deferred payments, provided that the securi- ties are sold under a business development plan, minimum down payments are made by investors, and certain other conditions are satisfied. FOR FURTHER INFORMATION, PLEASE CONTACT Edward L. pittman at (202) 272-2848. (3) Consideration of whether to terminate under Rule 6 of the Public Utility Holding Company Act of 1935 the exemption that K N Energy, Inc. has claimed under Rule 2 under the Act. FOR FURTHER INFORMATION, PLEASE CONTACT Lewis B. Reich at (202) 272-7699. (4) Consideration of whether to adopt a revision of Rule 70 and an amendment to Rule 50 under the Public Utility Holding Company Act of 1935. The revisions of Rule 70 would simplify and expand the exemptions now available under the existing rule which permit persons affiliated with investment bankers and commercial bankin9 institutions to serve as officers or directors of registered holding companies and their subsi- diaries. The amendment to Rule 50 would address potential conflicts of interest. FOR FURTHER INFORMATION, PLEASE CONTACT Denis R. Molleur at (202) 272-2073 or Elizabeth Norsworthy at (202) 272-2048. 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: David Mahaffey at (202) 272-2091

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Page 1: sec new~~i oest · EQUITEC SIEBEL TOTAL RETURN FUND, INC. An order has been issued exempting Equitec Siebel Total Return Fund, Inc., an open-end, diversified, management investment

\

sec new~~i oestIssue 86-39 __ "II' February 27, 1986

U.S. SECURITIES AND EXCHANCE COMMISSION

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 le30, 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 meetingshould notify the Secretary's office 48 hours in advance of the meeting.

CLOSED MEETING - WEDNESDAY, MARCH 5, 1986 - 2:30 p.m.

The subject matter of the March 5 closed meeting will be: Settlement of administra-tive proceeding of an enforcement nature; Settlement of injunctive action, Institution of injunctive actions; Institution of administrative proceedings of an enforcement nature.

OPEN. MEETING - THURSDAY, MARCH 6, 1986 - 10:00 a.m.

The subject matter of the March 6 open meetin9 will be:

(1) Consideration of whether to adopt amendments to Rule 10a-l (short sale rule) und~r the Securities Exchange Act of 1934 that exclude from its application transac-tions in National Market System securities that are traded on an exchange on a listed or unlisted trading privilege basis. FOR FURTHER INFORMATION, PLEASE CONTACT Andrew E. Feldman at (202) 272-2414.

(2) Consideration of whether to adopt Rule 3a12-9 under the Securities Exchange Act of 1934. Rule 3a12-9 provides an exemption from the arranging for credit provisionsof Sections 7(c) and 11(d){1) of the Exchange Act for public offerings of direct participation programs with mandatory deferred payment features. In general, the Rule will allow broker-dealers to participate in public offerings of direct partici-pation program securities with mandatory deferred payments, provided that the securi-ties are sold under a business development plan, minimum down payments are made byinvestors, and certain other conditions are satisfied. FOR FURTHER INFORMATION,PLEASE CONTACT Edward L. pittman at (202) 272-2848.

(3) Consideration of whether to terminate under Rule 6 of the Public Utility Holding Company Act of 1935 the exemption that K N Energy, Inc. has claimed under Rule 2 under the Act. FOR FURTHER INFORMATION, PLEASE CONTACT Lewis B. Reich at (202) 272-7699.

(4) Consideration of whether to adopt a revision of Rule 70 and an amendment to Rule 50 under the Public Utility Holding Company Act of 1935. The revisions of Rule 70 would simplify and expand the exemptions now available under the existing rule which permit persons affiliated with investment bankers and commercial bankin9 institutions to serve as officers or directors of registered holding companies and their subsi-diaries. The amendment to Rule 50 would address potential conflicts of interest. FOR FURTHER INFORMATION, PLEASE CONTACT Denis R. Molleur at (202) 272-2073 or Elizabeth Norsworthy at (202) 272-2048.

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: David Mahaffey at (202) 272-2091

Page 2: sec new~~i oest · EQUITEC SIEBEL TOTAL RETURN FUND, INC. An order has been issued exempting Equitec Siebel Total Return Fund, Inc., an open-end, diversified, management investment

ADMINISTRATIVE PROCEEDINGS

VECTOR CAPITAL MANAGEMENT, INC. DEFAULTS

In administrative proceedings ordered under the Investment Advisers Act of 1940 and the Securities Exchange Act of 1934, the Commission issued Findings and Order ImposingRemedial Sanctions by Default against Vector Capital Management, Inc., a registeredinvestment adviser. Vector Capital failed to answer the Order for Proceedings and,therefore, was in default.

On the basis of the Order for Proceedings, the Commission found that vector Capital:(1) advised clients to purchase certain securities, took custody and possession of $125,000 of clients' money to pay for such purchases, and converted clients' money to pay Vector Capital's operating expenses and concealed such conversion: (2) failed to segregate clients' funds and maintain a separate record of each clients' account: (3)failed to maintain required books and records: and (4) failed to file amended Form ADV.

The Commission revoked the investment adviser registration of vector C'apital. (ReI.lA-lOll )

CML PROCEEDINGS

FINAL JUDGMENT AND ORDER OF PERMANENT INJUNCTION ENTERED AGAINST ACADEMY INSURANCE GROUP, INC.

The Philadelphia Branch Office announced that on January 31 the U.S. District Court for the Eastern District of pennsylvania entered a Final Judgment and Order of Perma-nent Injunction against Academy Insurance Group, Inc. of valley Forge, pennsylvania. Academy consented to the Final Judgment without admitting or denying the allegationsin the Commission's complaint. The Order permanently enjoins Academy from future vio-lations of the antifraud and reporting provisions of the Securities Exchange Act of 1934 and Rules 10b-5, 12b-20, 13a-l and 13a-13.

The complaint alleges that Academy filed with the Commission and disseminated to the public an annual report for fiscal year 1983 and two quarterly reports for fiscal year1984 that were materially false and misleading in that they failed to make proper dis-closures concerning actual and contingent losses associated with Academy's refunding of premium to purchasers of an insurance product. The financial statements for the first quarter of 1984 also failed to account properly for the impaired collectibility of a receivable generated from the refund activity. Academy will amend the financial statements contained in the first quarter report. As a result, Academy will reportearnings over $4 million less for the period than previously stated. (SEC v. AcademyInsurance Group, Inc., EDPA, Civil Action No. 86-0601). (LR-l0999)

CHANNEL INDUSTRIES, LTD. ENJOINED

The Commission announced that on February 6 the U.S. District Court or the District of Columbia granted the Commission's Motion for Summary Judgment and entered an Order and Judgment against Channel Industries, Ltd. of New York, New York. The order was amended on February 11.

The September 19, 1985 complaint charged Channel with failure to file or filing late 12 Annual and Quarterly Reports on Forms 10-K and 10-0 and seven Notifications of Late Filing on Form 12b-25. The Order and Judgment permanently restrained and enjoinedChannel, its officers, and certain other persons from failing or causing the failure to file timely and in proper form accurate and complete information and documents as required by Sections 13(a) and 15(d) of the Securities Exchange Act of 1934 and rules and regulations thereunder, including among others, Annual and Quarterly Reports and Notifications of Late Filing of Channel. It provided that after ten years ••• Channel may file for relief from the injunction based upon showing proof of compliance.

The Court also issued a Memorandum Opinion. (SEC v. Channel Industries, Ltd., USDC DC, Civil Action No. 85-2978). (LR-l1007)

2 NEWS DIGEST, February 27, 1986

Page 3: sec new~~i oest · EQUITEC SIEBEL TOTAL RETURN FUND, INC. An order has been issued exempting Equitec Siebel Total Return Fund, Inc., an open-end, diversified, management investment

INVESTMENT COMPANY ACT RELEASES

EQUITEC SIEBEL TOTAL RETURN FUND, INC.

An order has been issued exempting Equitec Siebel Total Return Fund, Inc., an open-end,diversified, management investment company, from the provisions of Sections 2(a)(32),2(a)(35), 22(c) and 22(d) of the Investment Company Act and Rule 22c-1. The exemptionpermits Equitec to assess and, in certain cases, waive a contingent deferred sales charge on redemptions of its shares. (ReI. IC-14953 - Feb. 24)

PIONEER BOND FUND

An order has been issued permitting certain offers of exchange by pioneer Bond Fund,Pioneer Fund, Pioneer II, Pioneer Three and The Pioneer Group, Inc. (ReI. IC-14956 -Feb. 25)

HOLDING COMPANY ACT RELEASES

COLUMBIA GAS SYSTEM INC.

A notice has been issued glvlng interested persons until March 21 to request a hearingon a proposal by The Columbia Gas System, Inc., a registered holding company, to issue up to 1,500,000 shares of its common stock under its Long-Term Incentive Plan. (ReI.35-24029 - Feb. 25)

A notice has also been issued giving interested persons until March 21 to request a hearing on a proposal by Columbia to issue up to three million shares of its author-ized but unissued common stock, $10 par value, through its Dividend Reinvestment planthrough March 31, 1990. (ReI. 35-24030 - Feb. 25)

umNG, DEUmNl ANDUNUS1EDTRADN ACTIONS

DELISTING GRANTED

An order has been issued granting the application of the New York Stock Exchange to strike the common stock, $1.00 par value, of RONSON CORPORATION from listing and registration thereon. (ReI. 34-22946)

SECURmES ACT REGISTRAnONS

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.

5-18 VIKING RANCHES INCOME PARTNERS I, 19968 BEAR VALLEY RD, APPLE VALLEY, CA 92307 (619) 247-5896 - 7,500 ($7,500,000) LIMITED PARTNERSHIP CERTIfICATE. (fILE 33-3129-LA - fEB. 111 (8R. 11 - NEw ISSUE)

S-18 COMPUTER EASY INTERNATIONAL INC, 414 E SOUTHERN AVE STE K2, TEMPE, AZ 85281 (602) 829-9614 - 1,500,000 ($1,500,~00' COMMON STOCK. 3,000,000 (SI,05J,00~)COMMON STOCK. 150.000 (S1501 WARRANTS, OPTIONS OR RIGHTS. 150,000 (S45,0001 COMMON STeCK. UNDERWR ITER: CENPAC SECURITI ES CORP. (fILE 33-3211-lA - FEB. 07)CBR. 1 - NEW ISSUE'

S-18 BYBlOS CORP, 4340 PAHOA AVE .4B, HONOLULU, HI 96816 (808) 135-1584 - 3,500,000($350,000) COMMON STOCK. 35,000,000 ($100,000) COMMON STOCK. 35,O)D,000 (S1,050,000)COMMON STOCK. (FILE 33-3239-lA - FEB. 111 (BR. 11 - NEW ISSUE)

S-8 PNB FINANCIAL GROUP, 4665 MACARTHUR CT, NEWPORT BEACH, CA 92660 (7141 851-1033 -202,391 (51,416.779) COMMON STOCK. (FILE 33-3241 - FEB. 20) CBR. 1)

S-18 1~3 INC. 165 W CHAPARRAL DR, MURRAY, UT 84123 (8011 263-8183 - 2,500,000 (S50,OOOICO~MON STOCK. (FILE 33-3298-0 - FEB. 12) (BR. 12 - NEW ISSUEI

NEWS DIGEST, February 27, 1986

Page 4: sec new~~i oest · EQUITEC SIEBEL TOTAL RETURN FUND, INC. An order has been issued exempting Equitec Siebel Total Return Fund, Inc., an open-end, diversified, management investment

S-18 104 INC, 165 WEST CHAPARRAL DR, ~URRAY, UT 84123 (801) 263-8183 - 2,500,000($50,O~0.0001 COMMON STOCK. 2,500,~OO ($625,000,000) WARRANTS, OPTIONS OR RIGHTS.(FILE 33-32Q9-0 - FEB. 12) (BR. 12 - "lE'"ISSUE)

S-18 105 INC, 756 W CHAPARRAL DR, MURRAY, UT 84123 (801) 263-8183 - 2.500,000($5~,OJ0,OOO) COM~ON STOCK. (FILE 33-3300-0 - FEB. 121 (BR. 11 - NEW ISSUE.

S-18 106 TECHNOLOGY INC. 765 W CHAPARRAL OR, MURRAY, UT 84123 (801) 263-8183 - 2,500,000($50,010) COMMON STOCK. 2,500,000 ($625,000' COMMON STOCK. (FILE 33-3301-0 - FEB. 12)(BR. 11 - NEW ISSUE)

S-18 107 INC, 765 W CHAPARPAL DR, MURRAY, UT ~123 (801) 263-8183 - 2,500,000($50,000,000) COM~ON STOCK. CFILE 33-3302-0 - FEB. 12) (BR. 11 - NEW ISSUE)

S-18 AlIHP INC, 6043 N KIRKWOOD, CHICAGO, IL 60646 (312) 527-1549 - 5,000,000 ($200,0001CO~~ON STOCK. 10,010,000 ($1,000,0001 COMMON STOCK. UNDERWRITER: OLSEN PAYNE & ca. (FILE 33-3311-C - FEB. 131 (BR. 12 - NEW ISSUEI

$-6 NUVEEN TAX EXEMPT UNIT TRUST INSURED SERIES 80 - INDEFINITE SHARES. (FILE 33-332~ -FEB. 131 (BR. 18 - NEW ISSUE)

$-18 DUN VENTURES INC, 11 PARK PL STE 1115, NEW YORK, NY 10001 (2121 166-4661 -2,000,000 ($160,0001 CO~MON STOCK. 40,000,000 ($1,600,000) CO~MON STOCK. 40,000,000($4,800,001) COMMON STOCK. (FILE 33-3336-NY - FEB. 131 (BR. 12 - NEW ISSUE. .

$-3 ANACOMP INC, 11550 N MERIDIAN ST, INDIANAPOLIS, IN 46240 (3171 844-9666 - 1,672,863($5,436,804.10) COMMON STOCK. (FILE 33-3343 - FEB. 141 (BR. 6l

$-18 SRS TECHNICAL INC, 11 PARK PL STE 1115, NEW YORK, NY 10007 (212) 766-4661 -2,OJO,000 ($2~O,OOOI COMMON STOCK. 60,000,000 ($6,000,0001 COMMON STOCK. (FILE33-3358-NY - FEB. 14) (BR. 11 - NEW IS$UEl

S-4 AMERON INC, 4700 RAMONA BLVD, MONTEREY PARK, CA 91754 (2131 268-4111 - 5,091,818($123,416,580) COMMON STOCK. (FILE 33-3400 - FEB. 181 (BR. 101

5-8 CURTICE BURNS INC, ONE LINCOLN FIRST SQ BOX 681, ROCHESTER, NY 14603 (1161 325-1020- 120,000 ($3,270,000) C(]MMON STOCK. (FILE 33-3404 - FEB. 181 (BR. 4'

S-8 CROWN ROOKS CORP, 3300 SEVENTY FIFTH AVE, LANDOVER, MD 20785 (301) 731-1200 -370.000 ($5,827,500) COMMON STOCK. (FILE 33-3405 - FEB. 181 (BR. 2'

S-3 NATIONAL CONVENIENCE STORES INCIDEI, 100 WAUGH DR, HOUSTON, TX 17007 (113) 863-2200- 18,750 ($171.094) COMMON STOCK. (FILE 33-3433 - fEB. 181 (BR. It

S-8 ANDRE~ CORP, 10500 W 153RD ST, ORLAND PARK, IL 60462 (312) 349-3300 - 200,000($3,215,000l COM~ON STOCK. (FILE 33-3440 - FEB. 18) CBR. 7)

S-8 VIACOM INTERNATIONAL INC IOHI, 1211 AVE OF THE AMERICAS, NEW YORK, NY 10036 (212) 575-5115 - 210,37C ($6,318,028.301 COMMON STOCK. (FILE 33-3447 - FEB. 18)(BP. 1)

S-l MACY MERGER CORP, 151 W 34TH ST, NEW YORK, NY 10001 (2121 560-36~0 ~ 450,000,000($450.f)00,000) STRAIGHT BONDS. 77(1,000,000 ($260.260,0001 STRAIGHT BONOS. (FILE33-3448 - FEB. 191 (BR. 1 - NEW ISSUEI

S-3 AUTOMATIC DATA PROCESSING INC, ONE ADP BLVD, ROSELAND, NJ 01068 (2011 994-5000 -172,500,000 ($172,50Q,00CI CONVERTIBLE OEBENTLRES AND NOTES. (FILE 33-3449 - FEB. 191 (BR. 11)

S-6 INSURED MUNICIPALS INCOME TR & INVS QUA TAX EXE TR MU SER 24, 1901 N NAPER BLVD,CIO VAN KAMPEN ,"1ERRITTINC, NAPERVIllE, IL 60566 - 1,000 ($1,010,000) UNIT INVESTMENT TRUST. (FILE 33-3453 - FEB. 181 (BR. 18 - NEW ISSUEI

S-6 INSURED MUNICIPALS INCO~E TR & INVS QUA TAX EXE TR MU SER 25, 1911 N NAPER BLVD,CIC VAN KAMPEN "IERRlTT INC. NAPERVILLE, IL 60566 - 1,000 ($1,010,00» UNIT INVESTMENT TRUST. (FILE 33-3454 - FEB. 18) (BR. 18 - NEW ISSUE)

S-6 INSURED MUNICIPALS INCOME TR & INVS QUA TAX EXE TR MU SER 22, 19)1 N NAPER BLVD,CIO VAN KAMPEN MERRITT INC, NAPERVILLE, IL 60566 - 1,000 ($1,010,00») UNIT INVESTMENT TRUST. (FILE 33-3455 - FEB. 18) (BR. 18 - NEW ISSUEI

5-8 SILICON GENERAL INC, 2Q40 N FIRST ST, SAN JOSE, CA 95134 (408) 943-9403 - 1,000,000($3,125,000) COMMON STeCK. (FILE 33-3456 - FEB. 181 (BR. 3J

4 NEWS DIGEST, February 27, 1986 -

Page 5: sec new~~i oest · EQUITEC SIEBEL TOTAL RETURN FUND, INC. An order has been issued exempting Equitec Siebel Total Return Fund, Inc., an open-end, diversified, management investment

S-6 KEMPER TAX EXEMPT INCOME TRUST MULTI STATE SERIES 26, 120 S LASALLE ST,C/O KEMPER SALES CO. CHICAGO. IL 60603 (FILE 33-3458 - FEB. 181 (BR. 16 - NEW ISSUEI

S-6 KEMPER TAX EXEMPT INCO"lETRUST MULTI STATE SERIES 21, 120 S LASALLE ST.C/O KEMPER SALES CO. CHICAGO. IL 60603 - 1.000 ($1,050.0001 UNIT INVESTMENT TRUST.(FILE 33-3459 - FEB. 18) (BR. 16 - NEW ISSUE)

S-6 KEMPER TAX EXEMPT INCOME TRUST MULTI STATE SERIES 28, 120 S LASALLE ST.C/O KEMPER SALES CO, CHICAGO. IL 60603 - 1,000 (n,050.0001 UNIT INVESTMENT TRUST.(FILE 33-3460 - FEB. 18) (BR. 16 - NEW ISSUEI

S-6 KEMPER TAX EXEMPT INCOME TRUST MULTI STATE SERIES 29. 120 S LASALLE CO,C/O KEMPER SALES CO, CHICAGO, IL 60603 - 1.000 ($1.050,000) UNIT INVESTMENT TRUST.(FILE 33-3461 - FEB. 181 (BR. 16 - NEW ISSUE)

S-6 KEMPER TAX EXEMPT INCOME TRUST MULTI STATE SERIES 30, 120 S LASALLE ST,C/C KEMPER SALES CO, CHICAGO, IL 60603 - 1.000 ($1,050.000) UNIT INVESTMENT TRUST.(FILE 33-3462 - FEB. 18I (BR. 16 - NEW ISSUEI

S-8 UNITED TELEVISION [NC, 8501 WILSHIRE BLVD STE 340. BEVERLY HILLS, CA 90211 (213) 854-0426 - 1,750,000 ($1.150.000) OTHER SECURITIES INCLUDING VOTING TRUST. (FILE 33-3463 - FEB. 18) (BR. 11

$-1 XL DATACOMP INC, 907 N ELM ST, HINSDALE. IL 60521 (312) 323-1200 - 300.000($6,675.0001 COMMON STOCK. 700,000 ($15,575.0001 COMMON STOCK. (FILE 33-3464 -FEB. 19) (BR. 10)

S-1 BANCSERVE GROUP INC. 1100 BROADWAY, ROCKFORD, IL 61110 (8151 968-3761 - 200,000($4,650,000) COMMON STOCK. (FILE 33-3467 - FEB. 191 (BR. 11

5-1 TELEQUEST INC. 4514 VANOWEN ST, BURBANK. CA 91505 (8181 841-9999 - 936,500($12,174,5001 COMMON STOCK. 110.000 ($1,430,0001 COMMON STOCK. (FILE 33-3468 -FEB. 19) (BR. 7 - NEW ISSUEI

S-8 BANe ONE CORP/DEI, 100 E BROAD ST, COLUMBUS, OH 43271 (6141 463-5944 - 500,000($13,812,5001 COMMON STOCK. (FILE 33-3470 - FEB. 181 (BR. 2J

$-3 CHESEBROUGH PONDS INC, WESTPORT, CT 06881 (2031 222-3000 - 5,750,000 ($224.250,0001COMMON STOCK. (FILE 33-3411 - FEB. 191 (BR. 9)

5-8 FOOTHILL GROUP INC, 2049 CENTURY PARK EAST, STE 600, LOS ANGELES, CA 90067 (2131 5~6-1222 - 45C,OOC ($2,981,2501 COMMON STOCK. (FILE 33-3416 - FEB. 181 (BR. 121

S-3 PULLMAN PEABODY CO, 182 NASSAU ST, PRINCETON, NJ 08540 (609) 683-177' - 3,500,000($27,562,500) COMMON STOCK. (FILE 33-3477 - FEB. 19) (BR. 4)

$-1 CAMBRIDGE ANALYTICAL ASSOCIATES INC, 1106 COMMONWEALTH AVE, BOSTON, MA 02215 (6111 232-2207 - 1,150,COO ($9,200,000) COMMON STOCK. UNDERWRITER: LAIDLAW ADAMS t PECK INC. (FILE 33-3478 - FEB. 191 (BR. 6 - NEW ISSUE.

5-3 CONTINENTAL TELECOM INC, 245 PERIMETER CTR PKWY, ATLANTA, GA 303~6 (404) 391-8000 -100,000.000 ($100,000,OCCI STRAIGHT BONDS. (FILE 33-3480 - feB. 191 (BR. 71

5-3 ATLANTIC RICHFIELD CO IDE, 515 S FLOWER ST, lOS ANGELES, CA 90071 (213) 486-3511 -200,000,000 ($200,000,0001 STRAIGHT BONDS. (FILE 33-3483 - FEB. 201 (BR. 12)

S-2 PLAZA COMMERCE BANCORP, 55 ALMADEN BLVD, SAN JOSE. CA 95113 (4081 294-8940 -888,889 ($6,000,000) COMMON STOCK. (FILE 33-3484 - FEB. 201 res, 11

5-6 INSURED AMERICAN TAX EXEMPT BOND TRUST SERIES 14, 215 N MAIN ST,C/C Be ZIEGLER t CO, WEST BEND, WI 53095 - INDEFINITE SHARES. (FILE 33-3488 - FEB. 191 (BR. 16 - NEW ISSUE)

5-8 COGENIC ENERGY SYSTEMS INC, 127 E 64TH ST, NEW YORK, NY 10021 (2121 172-1500 -150,000 ($337,5001 COMMON STOCK. 150,000 ($331,500) COMMON STeCK. (FILE 33-3489 -FEB. 191 (BR. 7)

S-8 LSI LIGHTING SYSTEMS INC, 4201 MALSBARY RD, CINCINNATI, OH 45242 (5131 193-3200 -112.500 ($2.059,8151 CO~HON STOCK. (FILE 33-3490 - FEB. 191 (BR. 4)

N-1A MANAGEMENT OF MANAGERS INTERMEDIATE MORTGAGE SECURITIES FUND, 25 SYLVAN RD SOUTH, WESTPORT, CT 06880 (2031 226-7889 - INDEFINITE SHARES. (FILE 33-3493 - FEB. 191 (BR. 17 - NEW ISSUE)

News DIGEST, February 27, 1986 5

Page 6: sec new~~i oest · EQUITEC SIEBEL TOTAL RETURN FUND, INC. An order has been issued exempting Equitec Siebel Total Return Fund, Inc., an open-end, diversified, management investment

5-3 HAD.7F:tlr'l NATIONAL (ORP. 777 MAF' ST, HARTFORD. CT ')nl!.<'- :2031 "28-20')0 - 2.3()O,OJO($85.6-/5.0%1 COMMONSTeCK. P:ILE 33-3494 - FEB. 201 (BR. 21

N-lA ALTIUS BETA FUND INC. 745 FIFTH AVE 19TH Fl. NEW YORK. NY 10151 (2121 888-6800 -INDEFINITE 5HARE:'_ (FILE 33-34<;5 - FEB. 20) (SR. 18 - NEW ISSUEI

~-lA ALTIUS ALPHA FUND INC. 19TH FL 745 FIFTH AVE. NEW YORK. NY 10151 (2121 888-6800-INDEFINITE SHARES. (FILE 33-3496 - FEB. 20) (SR. 18 - NEW ISSUE)

ACQUlsmONS OF SECURmES .

Companies and individuals must report to the Commission within ten days on Schedule 13D if after the acquisition of equity securities of a public company their benefi-cial 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 subject 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 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 prior percent owned; and Column 7 - the status of the filing,i.e., new, update or revision.

r:,VC.1l1 ':::'MfI(~ '-.1.11.l1J) ...- LLI.:;'l,../ FILING FORM DATE :~OWNED PRIOR}; STATUS:

AERO S:YCS INTL INC COM 984 00791310 CESAMAR s A ET AL 13D 2/21/86 19.8 19.1 UPDATE

ALLIED SUPERMARkETS INC PFD SER A 10 01953790 WARBURG PINCUS CAPITAL ET AL 13D 2/13/86 33.1 27.6 UPDATE

ARI STIC GREETINGS INC COM 83 04314210 GOLDSTEIN ROBERT D 13D 11/ 1/85 5.2 0.0 NEW

CENDRAl JERSEY INDS: INC COM 78 15378010 STEINER JEFFREy' ET AL 13D 2/14/86 5.1 3.9 UPDATE

CHYRON CORP COM 912 17160510 FIELD FREDERICK IN 13D 2/19/86 9.0 9.9 UPDATE

CIRO INC COM 2,022 17275210 FIELDS RALPH A 13D 2/11/86 46.8 44.5 uPDATE

CIRO INC COM 2~ 022 17275210 HOWARD & WYNDHAM PLC 13D 2/11/86 46.8 44.5 UPDATE

DESIGNHOUSE INTL INC COM 88 25057410 EMERGING GRDt..lTHPARTNERS ET AL 13D 2/13/86 7.3 5.1 UPDATE

FI DELI rv MED INC COM 1,142 31618510 LANDA EFRAIM E 13D 1/22/86 18.9 24.5 UprlATE

FIRST COMM CORP COM 540 31977910 ALABAMA FARM BUREAll INS ET AL 13D 2/17/8€, 6.2 4.7 UPfJATE

FIRST MISS NATl CORP COM 23:3 32100310 COLBERT THOMAS: 1.0 ET AL 13D 2/12/86 30.2 8.0 UPDATE

GATX CORP COM 1,140 ·36144810 LEUCADIA NATIONAL CORP ET AL 1:3D 2·'21/86 :3.9 6.3 UPfJATE

GOLDEN KNIGHT RES INC CDt1 2.470 38109010 e- .-,TECK CORP 13fJ 1/17/86 30.1 _I. c. UPDATE

6 NEWS DIGEST, February 27, 1986

..

Page 7: sec new~~i oest · EQUITEC SIEBEL TOTAL RETURN FUND, INC. An order has been issued exempting Equitec Siebel Total Return Fund, Inc., an open-end, diversified, management investment

ACQUISITION REPORTS CONT.

HUGHES SUPPLY INC SHAMROCK ASSOC ET AL

COM 13D

ILLINOIS SMITH

TOOL WI<S INC EDWARD BYRON JR

COM 13D

KAISER ALUM 8. CHEM JAMIE SECURITIES

CORP CO ET AL

COM 13D

KAY CORP GOTZ VOLKER

COM 13D

LIFETIME TRIRo

CMNTYS INC EQUITIES CO ET AL

COM 13D

MARINA CORP ROSENBERG ALLEN E

COM 13D

NORLIN CORP UEST ADVISORY CORP ET AL

COM 13D

NORTHERN SMITH

TR CORP EDWARD BYRON JR

COM 13I1

ORANGE CO SUMMIT

INC RESOURCES INC

COM 13D

ORANGE CO SUMMIT

INC RESOURCES INC

COM 13D

ORANGE CO SUMMIT

INC RESOURCES: INC

COM 13D

PAGE AMERICA GROUP INC WAR BURG PINCUS CAPITAL ET

COM AL 13I1

PUBLICKER TELCO

INDS INC CAPITAL CORP ET AL

COM 13D

RESEARCH INDS CORP LATSHAI..IJOHN

COM 13D

SHELLER GLOBE CORP LEHMAN SHEARSON BROS GRP

COM 13D

SPAR TON CORP SMITH JOHN J ET AL

COM 13D

SPAR TON CORP SMITH MARGARET E ET AL

COM 13D

STATER BROS INC GARRETT MITCHEL ET AL

COM 13D

STERLING BAKER

EXTRUDER CORP PERKINS NO AMER INC

COM 14D-l

TRANSMEDIA NETI..JOl':K CHAS:EN MELVIN

COM 13D

UNIBANCORP INC COM PAR $5.00 FIRST SOUTHEAs:T BKG CORP ET AL 13D

UNIVERSAL ENERGY CORP COM BLAIR CHARLES: M ET AL 13D

WILLAMETTE INOS INC COM SWINIIELLS WILLIAM JR ET AL 130

NEWS DIGEST, February 27, 1986

2/21/86

12/28/84

2/21/8E.

12/11/85

2/18/86

1/31/86

12/ 4/85

12/28/84

2/12/8E.

2/12/86

2/12/86

2/13/86

2/14/86

1/ 7/86

2/14/86

2/10/86

2/10/86

2/13/86

2/24/86

1/17/8E.

2/1 0/86

1/30/86

2/13/86

0 44448210 0.0 13.1 UPDATE

1,852 45230810 7.4 0.0 NEW

8.906 48300810 20.2 18.6 UPDATE

0 48642910 0.0 6.4 UPDATE

100 53290010 1.9 16.4 RI/SION

90 56808410 15.3 15.6 UPDATE

64 65604110 4.3 6.2 UPDATE

290 66585910 5.8 0.0 NEW

457 68417610 11.0 9.0 UPDATE

457 68417610 11. I) 9.0 UPDATE

457 68417610 11. I) 9.0 UPDATE

5.681 69546510 37.9 37.9 UPDATE

645 74463510 5.1 7.0 UPDATE

300 76100410 6.4 0.0 NHI

I) 82273720 O. 0 0.0 NEl"

2.055 84723510 26.0 19.9 UPOATE.

1.241 84723510IS.? 9.8 UPDATE

1.606 85755610 ·38. r 0.0 NEW

3.39 85929810 52.0 O. (I NElt'

4, ~:55 89376710 24.3 22.6 UPDATE

51 904578104 <:j 14. 1 UPIIATE

452 91349210 4.7 ~'.5 UPDATE

6.179 96913310 40.5 42.3 UPDATE

7

Page 8: sec new~~i oest · EQUITEC SIEBEL TOTAL RETURN FUND, INC. An order has been issued exempting Equitec Siebel Total Return Fund, Inc., an open-end, diversified, management investment

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-K reports for the date indicated and/oramendments to 8-K reports previously filed, responding to the item(s) of the formspecified. Copies of the reports may be purchased from the Commission's PublicReference R~om (when ordering, please give the date of the report). An invoicewill be included with the requested material when mailed.

rOMPANY ITEMS NO. DATE

ASSOr.TATFS CORP OF NeRTH A"ERICA AVONnUf MILLS BANK nF NEW YORK CO INC AASIX CORP BEST RUY CO INC (ANYON STATE CORP CARlYLF REAL ESTATE LTD PARTNERSHIP CHECKPnlNT SYSTEMS INC

XlVI

7 5.7 5 2.7 5 5 2.7 2.7

02114/86 02105/86 02119/86 02l04/B6 02113/86 02105/86 11/01185 02111186

r.ntliMAIA GENERAL CORP COMPUCOM DEVELOP"FNT CORP COMPUTER DEVICES INC CONsnLIDATED CAPITAL INCCME CRA IG CnRP

OPPORTUNITY

5.7 5.7 3.7 7 7

02110/86 02111/86 02106/86 11/30/85 12127186

~MEND AMEND

CRAWFORD ENERGY INC 3.7 02101186 DRFXFl BURNHAM LAMBERT RfAl ESTATE ELECTRONIC. SPECIALTY PRODUCTS INC FNTRE cnMPUTER CENTERS INC FLEET FINANCIAL GROUP INC GREEN MOUNTAIN HERBS LTD HOTEL PROPERTIES INC ILLINOIS POWER CO JM RFSOIIRCES TNC JUSTICE INVESTMENT CORP KING INTFRNATIONAL CORP LOIISTANA 8ANCSHARES INC MCDOWELL ENTERPRISES INC

ASSOC 5 5.1 5 5 1.3 5 5 2.7 4 4

5 NO ITEMS

12130/85 01/31/86 01/30/86 02114/86 02110/86 01/30/86 01/09/86 01123/86 01131/86 02/01/86 01/08/86 01122186

AMEND

AMEND

NORSTAR RANCORP INC ORMAND INnlJSTRIES INC PORTLAND GENERAL ELECTRIC CO

5.7 2.5.1 5

01113/86 02104/86 02112186

POTOMAC ELECTRIC RLC CORP SANrTAS SFRVICE SYSCO CORP

POWER

CORP

CO 5.7 5.1 7 5

02120/86 02120/86 12109/86 02112186

AMEND

TRANSCONTINFNTAL FNERGY CORPIDEI 3.5.1 09111185 TRExcn J979 DRILLING TRExcn 1980 DRILLING TRFXCO IqRl DRILLING TRI VALLEY OIL 6 GAS

PROGRAM PROGRAM PROGRAM CORP

3.5.7 3.5.7 3.5.7 6

09/16/85 09/16185 09/16/85 02104186

~ELL~ FARGO 6 cn 7 02107186 AMEND 7IFGlFR MnRTGAGE SECUPITIES INC II '50 1 02l05/B5

8 NEWS DIGEST, February 27, 1986

h