A p r i l 6 , 1993 EXCHANGE CO~\/ltrlB, .

-.---

On A p r i l 1, t h e Commission adop ted a s a p r o c e d u r a l r u l e t h e EDGAR F i l e r Manual ( F i l e r Manual) , which s e t s f o r t h t h e t e c h n i c a l f o r m a t t i n g r e q u i r e m e n t s g o v e r n i n g t h e p r e p a r a t i o n and submis s ion of e l e c t r o n i c f i l i n g s t h rough t h e E l e c t r o n i c Data G a t h e r i n g , A n a l y s i s and R e t r i e v a l (EDGAR) s y s t e m . The F i l e r Manual w i l l become e f f e c t i v e on A p r i l 2 6 , 1993, t he day t h a t p h a s e - i n o f mandated e l e c t r o i i i c f i l i n g commences. Compliance w i t h t h e p r o v i s i o n s o f t h e F i l e r Manual is r e q u i r e d i n o r d e r t o a s s u r e t h e t i m e l y a c c e p t a n c e and p r o c e s s i n g o f f i l i n g s made i n e l e c t r o n i c fo rma t . F i l e r s s h o u l d c o n s u l t t h e F i l e r Manual i n c o n j u n c t i o n w i t h t h e Commiss ion ' s r e c e n t l y adop ted r u l e s g o v e r n i n g mandated e l e c t r o n i c f i l i n g when p r e p a r i n g documents f o r e l e c t r o n i c submis s ion (See Re lease Nos. 33-6977 ( F e b r u a r y 2 3 , 1 9 9 3 ) , IC-19284 ( F e b r u a r y 2 3 , 1 9 9 3 ) , 35-25746 (Feb rua ry 2 3 , 1 9 9 3 ) , and 33-6980 ( F e b r u a r y 23 , 1 9 9 3 ) ) . The F i l e r Manual w i l l be p u b l i s h e d i n t h e F e d e r a l R e g i s t e r . Paper c o p i e s a l s o may he obta i r ied a t tiic? Commission 's Pub1 i c Re fe rence Room, Mai l S t o p 1 - 2 , 1150 F i f t h Stt.cxc t : , N . W. , Wnsiii ng to l i , I).C . 2 0 5 ( 1 0 . E l e c t r o n i c forlliat c o p i e s w i l l t ) c s avni l a b l e through tlle EDGAR c 1 . t : ~t r o n i c b u l l e t i n boa rd . FOR FURTHER INFORMATION, CONTACT: David T. Copenha fe r , O f f i c e o f Systems S u p p o r t , (202) 272-3900 e x t . 3005.

C I V I L PROCEEDINGS

LLIED CAPITAL, PETER MERCALDI, MARTI RAREN, RAYMOND KLINGENBERG AND 0RVZI.I-E SANDBERG NJOINED

The Commission announced t h a t on February 1 7 , 1993 t h e U . S . D i s t r i c t Cour t f o r t h e D i s t r i c t o f Colorado e n t e r e d F i n a l Judgments a g a i n s t d e f e n d a n t s A l l i e d C a p i t a l Group, I n c . , P e t e r F . M e r c a l d i , Mar t i R. Ba ren , Raymond G. K l ingenbe rg and 01 -v i l l e L . Sandberg i n SEC v . Power S e c u r i t i e s C o r p o r a t i o n , e t a l . , C.A. No. 90-S-1579 (D. C o l o . ) ( I lonorable Dan ie l S p n r r ) . The Court permanent ly e n j o i n e d d e f e n d a n t s A l l i e d C a p i t a l ; ~ r i t l Mcrca ld i f'rorn v i o l ; ~ t i n i ; S c c t i o ~ i l 7 ( : i ) o f t h e S e c u r i t i e s Act of 1 9 3 3 arid Sec t io r l s ] C ) ( l ) ) , 1 o l t . 1 1 ~ .Scc:r~~-ii t , : ; Ilxcharip,e Act o f 1934 , a s wc.1 I a s Hu1c.s 1011- I)((:)I s ( [ > ) ; i ~ ~ t l [

5 , I - 1 ( I ) I I : - 2 o u , I The Cour t pc1-111;11lcilt e n j o i n e di c r u ~ l ~ . lv ~ I I I II , I<: I i lr[;c:lil)c:l-g ; i t i t l S;ilicil,ei-~ t 1 . 0 1 1 1 v i o l ar:inp, S e c t i ~ I I I ( I o f t h e Sc,(.c~rit i e s AcC i i l i c l S C C ~ :iolis l o ( ) ) ) i l t i ~ l 1 5 ( ~ )o f t h e Esclinllgc A c t , ;is wcl l ;is Rules I Oh- 5 and 1 5 c l - 2 promulgated t h e r c ~ ~ l i d c r . The Cour t o r d e r e d cncli o f t h e f i v e dcfc1idnnt.s t o d i s g o r g e a l l income en rned from Power S e c u r i t i e s o r A l l i e d C a p i t o l i n 1088 , h u t was t,;~.~;o(lupon enc11 dcfentlnrlt ' 5; tie~i~onr;t.~:;it.c-tld i F ; ~ , O I - C ( ~ I I I ( ! I I ~ waived i 1lal1i1i t y t .0 [I;' y ,

m u n i c i p a l s e c u r i t i e s d e a l e r . K l i n g e n b e r g a n d S a n d b e r g consc?n ted LO I ) ; I I - S wi 1.1) ;I r i g h t

t o r e a p p l y a f t e r f o u r y e a r s , and Baren c o n s e n t e d t o a b a r w i t h a r i t ;h t . (:o r e a p p l y a f t e r t h r e e y e a r s .

Power S e c u r i t i e s a n d A l l i e d C a p i t a l were penny s t o c k b r o k e r a g e f i r m s t h a t c e a s e o p e r a t i o n s i n 1 9 8 9 . D u r i n g 1988 and e a r l y 1 9 8 9 , M e r c a l d i was t h e p r e s i d e n t o f A l l i e C a p i t a l , Baren a n d K l i n g e n b e r g owned a n d managed c e r t a i n A l l i e d C a p i t a l o f f i c e s i n F l o r i d a , a n d S a n d b e r g was t h e h e a d t r a d e r f o r Power S e c u r i t i e s . The Commission a l l e g e s i n i t s c o m p l a i n t t h a t a l l f i v e o f t h e s e s e t t l i n g defendal l1 s p a r t i c i p a t e d i n f r a u d u l e n t s a l e s p r a c t i c e s on b e h a l f o f e i t h e r Power S e c u r i t i e s o r A l l i e d C a p i t a l , and t h a t a d d i t i o n a l l y A l l i e d C a p i t a l , M e r c a l d i a n d S a n d b e r g m a n i p u l a t e d t h e marke t f o r A r t C a r d s , I n c . , a s e c u r i t y p romoted by A l l i e d C a p i t a l and Power S e c u r i t i e s i n 1 9 8 8 , a n d c h a r g e d c u s t o m e r s u n d i s c l o s e d e x c e s s i v e markups f o r numerous s e c u r i t i e s promoted by Power S e c u r i t i e s and A l l i e d C a p i t a l . T h i s c a s e is s c h e d c ~ l e d f o r t r i a l a g a i n s t t h e r e m a i n i n g d e f e n d a n t s l a t e r t h i s y e a r . S e c u r i t i e s E ~ c t ~ ; i r l g eA c t o f 1934 R e l e a s e Nos. 32060 , 32061 , 32062 , 32063 a n d 32066 (March 2 9 , 1993j . :SEC v . Power S e c u r i t i e s C o r p o r a t i o n , c ? t a l . C.A. No. 9 0 - S - 1 5 7 9 , USDC f o r t h e D i s t r i c t o f C o l o r a d o , l i o n o r a b l e D a n i e l S p a r r ] (LR-13584)

EIAR7'1N KROWNE 1<N,JOINEI) KY I)I<FAIJI.'l'

'Yhc C o ~ n ~ n i s s i o nannounced t h a t on March 2(1 , 1993 t h e H o n o r a h l r Jory,cl t'i . Sf,! i *. : L.5. D i s t r i c t J u d g e fol- t h e N o r t h e r n D i s t r i c t o f T e x a s , e n t e r e d a F i n a l Judgrner i~ 1,-1 1jc;loult a g a i n s t M n r t i n G . Browne (Browne) o f D a l l a s , Texas e n j o i n i n g h i rc t r o ~ r ! f l l t l ~ r e v i o l a t i o n s o f t h e a n t i f r a u d p r o v i s i o n s o f t h e f e d e r a l s e c u r i t i e s l a w s .

The Commiss ion ' s c o m p l a i n t f i l e d J u n e 2 1 , 1 9 9 1 a l l e g e s t h a t Browne, who clzLmed :o

g r o s s l y o v e r s t a t e d t h e v a l u e o f o i l a n d g a s l e a s e s a n d r e s e r v e s p u r p o r t e d l y O ~ N T . ~ ~ , d i r e c t l y o r i n d i r e c t l y , b y C o r t e z I n t e r n a t i o n a l , L t d . ( C o r t e z ) , a now d e f u n c t penny s t o c k company. The r e p o r t was d i s s e m i n a t e d i n t h e p r o m o t i o n o f C o r t e z ' s s t o c k , and was r e l i e d upon i n t h e March 3 1 , 1987 a u d i t o f C o r t e z ' s f i n a n c i a l s t a t e l n c n t which was i n c o r p o r a t e d i n t h e company ' s Form 20-K f i l i n g w i t h t h e Commission. [SEC V . L. George R e y n o l d s , e t a l . , USDC, ND/TX, C i v i l A c t i o n No. 3 : 9 1 -CV-1115-fJ] (1.R-13589)

DANIEL DIAZ PERMANENTLY ENJOINED

Permanent I n j u n c t i o n ( F i n a l Judgment ) a g a i n s t D a n i e l 0 . Diaz ( D i a z ) o f S p r i n g f i e l d , V i r g i n i a . D i a z , w i t h o u t a d m i t t i n g o r d e n y i n g t h e a l l e g a t i o n s o f t h e Commiss ion ' s c o m p l a i n t , c o n s e n t e d t o t h e e n t r y o f t h i s F i n a l J u d g m e n t . Diaz was a f i n a n c i a l p r i n c i p a l a n d owner o f American W a l l s t r e e t S e c u r i t i e s , I n c . ( A W S ) , a r e g i s t e r e d b r o k e r - d e a l e r which c e a s e d o p e r a t i o n s i n Augus t 1 9 9 0 . The F i n a l Jcitlg~nent. p ~ ? ~ ~ l i a n e n t l y e n j o i n s Diaz frorn v i o l a t i n g t h e b r o k e r - d e a l e r n e t c a p i t a l and I ~ o o k s and r e c o r d s p r o v i s i o n s o f t h e f e d e r a l s e c u r i t i e s l a w s .

. l i e d

.y o f , and inent

b a r ! r o r - i g h t

based l i e d s i n , s i o n :d i n t a l ,

~ r k e t as i n . t i e s ; r i a l 1934

'owe r - ado ,

d E O . . .+- - L . - :k z e d , enny

and fh i ch , . I., 9

J r . , I t o f . e l d , .on ' s \ c i a 1 :e red ' n t l y o r d s

The compla in t f i l e d on September 2 5 , 1991 a l l e g e s t h a t d u r i n g v a r i o u s p e r i o d s from a t l e a s t J u l y 1989 th rough March 1990 AWS conduc t ed a s e c u r i t i e s b u s i n e s s wh i l e f a i l i n g t o m a i n t a i n t h e r e q u i r e d minimum n e t c a p i t a l . AWS, t h rough l l i az and two o t h e r AWS p r i n c i p a l s , c o n c e a l e d t h e n e t c a p i t a l v i o l a t i o n s b y , among o t h e r t h i n g s , m a i n t a i n i n g i n a c c u r a t e books and r e c o r d s , p a r k i n g s e c u r i t i e s i n a nominee accoun t and by f i l i n g f a l s e Focus r e p o r t s w i t h t h e N a t i o n a l A s s o c i a t i o n o f S e c u r i t i e s D e a l e r s , I n c . and t h e Commission. [SEC v . E r i c J . Wal loga , e t a l . , USDC, M.D. F l a . , C i v i l Ac t ion No. 91-1297-CIV-T-21AI (LR-13590)

~ P P ~ Y

-INVESTMENT COMPANY ACT RELEASES

,EU ' IOPY 1.1I'E VI,T SEI!T ES IWND, TNC.

/ a , r , r)r(Jr:r II:I:; l,(:(!ri i : ; : ;~ i ( ! ( l uri(l(br Sc?r[ ~ I 8 ( f ) o f [ h~ Ir~vc:stl i l f b r i t Coln1);11iyA(, 1 ( I ( > ( , I :ii-iI~[;i I

~ . I I ; It. !:t:.,~ ' iork I,i f (. V L I Seric:?; I:uritl, I I I C . h a s censc!d [ o I ) c s an i rlvc:st.~r~c:r~lc:ollil)nrIy. (Re!. IC-19379 - A p r i l 2 )

SAGA'IORE FUNDS TRUST, ET AL

A n o y i c e h a s been i s s u e d g i v i n g i n t e r e s t e d p e r s o n s u n t i l A p r i l 27 t o r e q u e s t a h e a r i n g on an a p p l i c a t i o n f i l e d by Sagamore Funds T r u s t , e t a l . f o r a c o n d i t i o n a l o r d e r under SeccFon 6 ( c ) o f t h e Inves tmen t Company Act exempt ing a p p l i c a n t s from t h e p r o v i s i o n s of S e c t i o n s 2 ( a ) ( 3 2 ) , 2 ( a ) ( 3 5 ) , 2 2 ( c ) , and 2 2 ( d ) o f t h e A c t , and Rule 22c -1 t h e r e u n d e r . The o r d e r would pe rmi t a p p l i c a n t s t o impose a c o n t i n g e n t d e f e r r e d s a l e s l oad (CDSL) on c e r t a i n r edempt ions o f s h a r e s , and t o waive t h e CDSL unde r c e r t a i n c i r c u m s t a n c e s . ( R e l . IC-19380 - A p r i l 2 )

I HOLDING COMPANY ACT RELEASES

i i r i o r d ~ ~ r 1)ec:ri i r;~;ucd a u t h o r i zirit; C e n t r a l a ~ l d South \Jest Co~.l)oi.;i[ . :IIra:; i o ~ i (I:S\?) r e g i s t e r e d h o l d i n g company, and i t s n o n u t i l i t y s u b s i d i a r y colilpriny. CSW Ellei-gy, I n c . ( E n e r g y ) , t o a c q u i r e n 50% i n t e r e s t , t h rough s u b s i d i a r y companies t o h e for ined, i n an a p p r o x i m a t e l y $255 m i l l i o n , 272 megawatt c o g e n e r a t i o n f a c i l i t y ( P r o j c c r ) t o be l o c a t e d i n F o r t Lup ton , Co lo rado . Energy , t h rough Energy Sub , w i l l pay a p u r c h a s e p r i c e o f app rox i rna t e ly $ 7 9 . 5 m i l l i o n , payab l e i n i n s t a l l m e n t s , f o r i t s 50% i n t e r e s t i n a p a r t n e r s h i p which w i l l own and o p e r a t e t h e P r o j e c t . CSW a l s o p r o p o s e s t o e n t e r i n t o o t h e r t r a n s a c t i o n s f o r t h e f i n a n c i n g o f t h e c o n s t r u c t i o n o f t h e P r o j e c t . ( R e l . 35-25782)

A n o t i c e h a s heen i s s u e d g i v i n g i n t e r e s t e d p e r s o n s u n t i l A p r i l 26 t o r e q u e s t a h e a r i n g 0 1 1 '2 1)1-oposal l ~ yE a s t e r n Edison Coinpnny ( E a s t e r n ) , a who l ly owned e l e c t r i c p u b l i c -u t i l i t y s u h s i d i : ~ l - y company oE E a s t e r n U t i l i t i e s A s s o c i a t e s , a r e g i s t e r e d h o l d i n g ('ollll)iiriv, t o cnE;if;c i n f i n e n c i n g . E n s t:ern p r o p o s e s t o b o r r o w , or1 o r h(?fol-e Dece~nber

NEWS L)I(;ES'L', A p r i l 6 , 1 9 9 3

1 I

--

I 3 1 , 1 9 9 4 , t h e p r o c e e d s from c e r t a i n r e f u n d i n g P o l l u t i o r l C o n t r o l Revenue Bond ( R e f u n d i n g Bonds) t o redeem c e r t a i n o u t s t a n d i n g P o l l u t i o n C o n t r o l Revenue Bonds. o r d e r t o s e c u r e i t s o b l i g a t i o n s u n d e r t h e R e f u n d i n g Bonds , E a s t e r n p r o p o s e s r o i s s u a s e r i e s o f i t s f i r s t mor tgage bonds and i s s u e a n i r r e v o c a b l e l e : t e ~ - o f c r e d i t E a s t e r n a l s o p r o p o s e s t o c a u s e an i n s u r a n c e company t o i s s u e a p o l i c y g u a r a n t e e i n g payment o f t h e p r i n c i p a l o f , premium, i f a n y , a n d i n t e r e s t on t h e R e f u n d i n g Eon&% E a s t e r n f u r t h e r p r o p o s e s t o i s s u e a n d s e l l t h r o u g h December 3 1 , 1994 $175 mil l i o n of u n s e c u r e d medium-term n o t e s a n d u n s e c u r e d n o t e s . ( R e l . 35-25783)

LISTING, DELISTING AND UNLISTED TRADING ACTIONS

A r l o t i c e h a s b e e n i s s ~ i e c l g i v i r l g i r~teres t :c! t l pc!rsorls u n t i l . A p r i l 2': 1 0 c:ollt!rir.rr! o r ) (.he ; l p p l i c ; i t i o n o f thc! M i d w c . : ; t Stoc:k Esclinrl~.r f o r u r l l i s t r d t r a d i n g p l - i v i 1 c : i ; c : : : i r i i civc:r. t h e - c o u r t t e r i s s u e s . ( R e l . 34-32102)

SELF-REGULATORY ORGANIZATIONS

PROPOSED RljLE ClIANGES

The American S t o c k Exchnnae f i l e c l a p r o p o s e d r u l e c h a n g e (SR-Arnes-9 3 - 12 j r o expand t h e A ~ n e s ' s P o s t E x e c ~ ! t i o r i R e p o r t i r i g (PER) s y s t e m t o p e r m i t t h e e n t r y o f up co 25,000 s i ~ a r e s lox:. eli .y,iblc- :n;irkt?t and lirni t o r d e r s f o r d e s i g n a t e d lJni t Trix~6iErrii.nt Trus t S e c u r i t i ~ e s . Under t h e p r o p o s a l , t h e Amex's F l o o r G o v e r n o r s , i n c o n s u l t a c i o n with tl1c s c ~ ~ i o l : innt-iag~:iiittnt: o f t:he itinex, w i l l l3e g i v e n t h e a u t h o r i t y t o detel - r l : i r~e !,;k!ir:k: !;nit I n v e s t i n e n t T r ~ i s t ( s ) s h o ~ ~ l n o t c.:<cee.',i r:g 2 5 :090d r e c e i v e t h e 2 5 , 0 0 0 - s h a r e ( o r any 1 . i m i t s h a ~ - c s ) PER e l i g i . b i . 1 i t y c l e s i g n a t i o ~ ~ . L)ul)Lication o f t h e p r o p o s a l i s r::i.pf:c :-r:ri i n rhe F e t l c ~ - t ~ lK e ~ j s t c : ~ ~ t h c week o f A p 1 - i I 5. ( K e l . 3 4 - 3 2 1 0 7 )( ! L I ~ - ~ I I ~

'I'hc Kos t o r ~ S t o c k E s c l i n r ~ ~ ef i l e d a p r o p o s e d r u l e change (SR-ESK-9': -0';)' : r , :,rlr,p: a srnolting p o l i c y f o r t h e BSE a n d t o add t h a t p o l i c y t o i t s Minor Rule: : ! i r , l :~ t i o r ! P l a n . P u b l i c a t i o n o f t h e p r o p o s a l is e x p e c t e d i n t h e F e d e r a l R e g i s t e r d u r i n g tt ie week of A p r i l 5 . ( R e l . 34-32104)

ACCELERATED APPROVAL OF PROPOSED RULE C H A N G E

The Commission g r a n t s d a c c e l e r a t e d a p p ~ - o v a l t o a p r o p o s e d r u l e c h a n g e f i l e d 5;; the American S t o c k E x c h , m s (SR-Amex-93-09) t o change t h e d i v i s o r t h e Arrlc:.: r ipp l i e s t o the E u r o t o p 100 l n d e s c a l c u l a t i o n a s d i s s e m i n a t e d by t h e European Option:, E>:cl~niige f r o ~ n two t o t s n . P u b l i c a t i o n o f t h e p r o p o s a l i s e x p e c t e d i n t h e Fedexiil K e ~ i s t e rd u r i n g t h e week o f A p r i l 5 . ( R e l . 3 4 - 3 2 1 0 5 )

1-

NEWS DICES'L , A p r i l 6 , 1 9 9 3

MISCELLANEOUS

RANS CANADA OPTIONS, INC.

An order has been issued pursuant to paragraph (f) of Rule l5g-l and paragraph (c)(5) of Rule l5c2-6 under the Exchange Act, exempting transactions in options issued by Trans Canada Options, Inc. from Rules lSg-2 through l5g-6, and l5c2-6 of the Exchange Act. (ReI. 34-32106 - April 5)

SECURITIES ACT REGISTRATIONS

The folLow l.ng registration statements have been filed with the SEC under the Securities 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 nurnber and/or face amount of the securities being offered; Name of thp managingunde rvr i t er or depositor (if applicable); File number and date filed; Assiglled Branch;and a designation if the statement is a New Issue.

S·8 ELBIT LTD, ADVANCED TECHNOLOGY CTR, POB 5390, HAIFA 31053 ISRAEL, L3 - 305,000 ($2,236,330) FOREIGN COMMON STOCK. (FILE 33·59704 . MAR. 18) (BR. 7)

S·8 ANALYTICAL SURVEYS INC, 1935 JAMBOREE DR, COLORADO SPRINGS, CO 80920 (719) 593·0093 . 1,740,000 ($6,090,000) COMMON STOCK. (FILE 33·59940 . MAR. 25) (BR. 6)

s-8 ALLIANCE PHARMACEUTICAL CORP, 3040 SCIENCE PARK RD, SAN DIEGO, CA 92121 (619) 558-4300 - 5,296 ($48,988) COMMON STOCK. (FilE 33-59942 - MAR. 25) (BR. 4)

S-8 OVERSEAS SHIPHOlDING GROUP INC, 1114 AVE OF THE AMERICAS, NEW YORK, NY 10036 (212) 869-1222 - 100,000 ($1,400,000) COMMON STOCK. (FilE 33·59944 . MAR. 25) (BR. 4)

S·3 NON INVASIVE MONITORING SYSTEMS INC IFLI, 1840 WEST AVENUE, MIAMI BEACH, FL 33139 (305) 534-3694 - 1,250,000 ($3,750,000) COMMON STOCK. (FILE 33-59946 - MAR. 25) (BR. 8)

S-8 BUILDERS TRANSPORT INC, POBOX 7005, 2029 W DEKAlB ST, CAMDEN, SC 29020 (803) 432·1400 - 1,187,908 ($8,701,886) COMMON STOCK. (FILE 33-59948 - MA~. 25) (BR. 4)

S·8 UAL CORP IDEI, POBOX 66919, CHICAGO, Il 60666 (312) 952-4000 - 96,016 ($11,347,891) COMMON STOCK. (FILE 33-59950 - MAR. 25) (BR. 3)

s·8 ADVANCE ROSS CORP, 111 W MONROE ST, STE 2100E, CHICAGO, IL 60603 (312) 346-9126 - 509,238 ($8,402,427) COMMON STOCK. (FilE 33-59952 . MAR. 25) (BR. 9)

5-4 CINERGY CORP, 139 E FOURTH ST, CINCINNATI, OH 45202 (513) 381·2000 - 155,944,407 ($3,889,420,536.87) COMMON STOCK. 9,091,257 ($717,073,825) PREFERRED STOCK. UNDERWRITER: PSI ENfRGY INC. (FilE 33-59964 - MAR. 23) (BR. 8 - NEW ISSUE)

5-1 BEll & HOWELL HOLDINGS CO, 5215 OLD ORCHARD RD, SKOKIE, IL 60077 (708) 470-7660 353,500,000 ($161,206,605) STRAIGHT BONDS. (FilE 33-59994 . MAR. 24) (BR. 9

NEW ISSUE)

S·11 MARK CENTERS TRUST, 600 THIRD AVE, KINGSTON, PA 18704 (717) 288-4581 - 8,625,000 ($172,500,000) COMMON STOCK. (FILE 33-60008 - MAR. 25) (BR. 6 - NEW ISSUE)

EWS DIGEST, April 6, 1993 5

REGISTRATIONS CONTINUED

s-3 NEW YORK STATE ELECTRIC & GAS CORP, 4500 VESTAL PARKWAY EAST, BINGHAMTON, NY 13903 (607) 729-2551 - 100,000,000 ($100,000,000) MORTGAGE BONDS. (FILE 33-60010 - MAR. 25)(BR. 7)

S-l DIY HOME WAREHOUSE INC, 5811 CANAL RD STE 180, VALLEY VIEW, OH 44125 (216) 328·5100 2,475,000 ($27,225,000) COMM()N STOCK. (FILE 33-60012 - MAR. 25) (BR. 10 - NEW ISSUE)

S-3 CAROLINA P~ER & LIGHT CO, 411 FAYETTEviLLE ST, RALEIGH, Ne 27601 (919) 546-6111 400,000,000 ($400,000,000) MORTGAGE BONOS. (FILE 33-60014 - MAR. 25) (BR. 7)

S-3 GAYLORD CONTAINER CORP /DE/, 500 LAKE COOK RD STE 400, DEERFIELD, IL 60015 (708) 405-5500 - 325,000,000 ($525,000,000) STRAIGHT BONDS. UNDERWRITER: BT SECURITIES CORP, CONALDSON LUFKIN & JENRETTE SECURITIES C. (FILE 33-60016 MAR. 25) (BR. 8)

S-3 PDG ENVIRONMENTAL INC, 300 OXFORD DR, N PARK DR & BROWNING RD, MONROEVILLE, PA 15146 (412) 856-2200 - 900,000 ($2,812,500) COMMON STOCK. (FILE 33-60020 - MAR. 25) (BR. 8)

S-l CALTON INC, 500 CRAIG RD, MANALAPAN, NJ 07728 (908) 780-1800 - 22,558,675($10,637,144.10) COMMON STOCK. 2,213,249 ($3,386,270.90) PREFERRED STOCK. (FILE33-60022 . MAR. 25) (SR. 9)

S'6 KANSAS TAX EXEMPT TRUST SERIES 61, 120 S MARKET STE 450, C/O RANS()N CAPITAL CORP,WICHITA, KS 67202 - 1,000 ($1,010,000) UNIT INVESTMENT TRUST. DEPOSITOR: RANSON CAPITAL CORP. (FILE 33·60026 . MAR. 25) (BR. 17 - NEW ISSUE)

S'6 FIRST TRUST SPECIAL SITUATIONS TRUST SERIES 66, 1001 WARRENVILLE RD,C/O NIKE SECURITIES LP, LISLE, IL 60532 - INDEFINITE SHARES. DEPOSITOR: NIKE SECURITIES LP. (FILE 33-60028 . MAR. 25) (BR. 18 . NEW ISSUE)

S-l TELOR OPHTHALMIC PHARMACEUTICALS INC, 500 WEST CUMMINGS PARK, STE 6950, WOBURN, MA 01801 (617) 937-0393 - 2,875,000 ($40,250,000) COMMON STOCK. UNDERWRITER: ALEX BROWN s SONS, VECTOR SECURITIES INTERNATIONALINC. (FILE 33-60030 - MAR. 25)(BR. 4)

S-l BUCKEYE CELLULOSE CORP, 1001 TILLMAN ST, MEMPHIS, TN 38108 (901) 320-8100 -70,000,000 ($70,000,000) STRAIGHT BONDS. UNDERWRITER: MERRILL LYNCH & CO. (FILE33-60032 - MAR. 25) (BR. 8 - NEW ISSUE)

S-3 TPI ENTERPRISES INC, 777 S FLAGLER DR, PHILLIPS POINT E T~ER STE 909, W PALM BEACH,FL 33401 (407) 835-8888 - 9,944,023 ($116,608,882) COMMON STOCK. (FILE 33-60034 -MAR. 25) (BR. 11)

S-l EVERGREEN MEDIA CORP, 433 EAST LAS COLINAS, IRVING, TX 75039 - 4,025,000($64,400,000) COMMON STOCK. UNDERWRITER: DONALDSON LUFKIN & JENRETTE SECURITIES C,LEHMAN BROTHERS, SMITH BARNEY HARRIS UPHAM & CO. (FILE 33-60036 - MAR. 25) (BR. 7

NEW ISSUE)

S-l IVF AMERICA INC IDE, 500 WEST PUTNAM AVE, GREENWICH, CT 06830 (203) 622-7230 2,000,000 ($20,320,000) PREFERRED STOCK. UNDERWRITER: ABO SECURITIES CORP,RAS SECURITIES CORP. (FILE 33-60038 - MAR. 25) (BR. 6)

S-3 ASHLAND OIL INC, 1000 ASHLAND DRIVE, RUSSELL, KY 41169 (606) 329-3333 UNDERWRITER: BEAR STEARNS & CO INC, RAUSCHER PIERCE REFSNES INC,SMITH BARNEY HARRIS UPHAM & CO INC. (FILE 33-60040 MAR. 26) (SR. 3)

S-8 PIPER JAFFRAY COMPANIES INC, 222 5 NINTH ST, PIPER JAFFRAY TOWER, MINNEAPOLIS, MN 55402 (612) 342-6000 - 100,000 ($3,056,000) COMMON STOCK. (FILE 33-60044 - MAR. 26)(BR. 12)

6 NEWS DIGEST, April 6, 1993

REGISTRATIONS CONTINUED

S-3 KIMCO REALTY CORP, 1044 NORTHERN BLVD, ROSLYN, NY 11576 (516) 484-5858 - 500,000 (S15,968,750) COMMON STOCK_ (FILE 33-60050 - MAR_ 26) (BR_ 6)

S-8 ALEXANDER & ALEXANDER SERVICES INC, 1211 AVE OF THE AMERICAS, NE~ YORK, NY 10036 (212) 840-8500 - 2,000,000 ($49,750,000) COMMON STOCK_ (FILE 33-60054 - MAR. 24)(BR. 10)

S-8 SCOTTS COMPANY, 14111 SCOTTSlA~ RD, MARYSVILLE, OH 43041 (513) 644-0011 • 2,700,000 (S50,360,753.12) COMMON STOCK. (FILE 33-60056 - MAR. 26) (BR. 1)

S-8 ALLIED PRODUCTS CORP 10EI, 10 S RIVERSIDE PLZ, CHICAGO, IL 60606 (312) 454-1020 • 500,000 (S3,275,312.50) COMMON STOCK. (FILE 33-60058 - MAR. 26) (BR. 4)

S-3 CLARK EQUIPMENT CO IDEI, 100 N MICHIGAN ST, PO BOX 70oa, SOUTH BEND, IN 46634 (219) 239-0100 - 150,000,000 (S150,OOO,OOO) STRAIGHT B<>NOS. (FILE 33-60062 • MAR. 26)(BR. 9)

S-3 RELIANCE ELECTRIC CO /DE/, 6065 PARKLAND BLVD, CLEVELAND, OH 44124 (216) 266-5800 200,000,000 (S200,OOO,OOO) STRAIGHT BONDS. (FILE 33-60066 - MAR. 26) (BR. 8)

S'4 BRADLEES INC, 1 BRADLESS CIRCLE, BRAINTREE, MA 02184 (617) 380-8000 . 100,000,000($100,000,000) STRAIGHT BONDS. (FILE 33-60068 - MAR. 26) (BR. 2)

S·8 ARMSTRONG ~RLD INDUSTRIES INC, LIBERTY & CHARLOTTE STS, POBOX 3001, LANCASTER, PA 17604 (717) 397-0611 25,000 ($857,812.50) COMMON STOCK. (FILE 33-60070 - MAR. 26)(BR. 5)

S-8 COMMUNITY FINANCIAL SYSTEMS INC ISO, 600 MAIN AVE, BROOklkGS, SO 57006 (60S) 692-2314 - 31,268 ($778,885) COMMON STOCK. (FILE 33-60072 - MAR. 25) (B•• 2)

S-8 OCG TECHNOLOGY INC, 450 ~EST 31ST ST, 11TH FL, NE~ YORK, NY 10001 (212) 967·3079 80,500 ($41,860) COMMON STOCK. (FILE 33-60074 - MAR. 25) (BR. 8)

S-8 BRE PROPERTIES INC, 1 MONTGOMERY ST, TELESIS T~ STE 2500, SAN FRANCISCO, CA 94104 (415) 445-6530 - 375,000 ($14,718,750) COMMON STOCK. (fiLE 33-60082 - MAR. 26)(BR. 6)

S-3 PIEDMONT NATURAL GAS CO INC, 1915 REXFORD RD, CHARLOTTE, NC 28211 (704) 364·3120 -150,000,000 ($150,000,000) STRAIGHT BONDS. (fiLE 33-60108 - MAR. 26) (BR. 8)

S8-2 CANTON INDUSTRIAL CORP, 10 Y 100 S STE 710, RICHARD SURBER. SALT LAKE CITY, UT 84'01 (801) 575-8311 - 3.500.000 ($10.062.500) COMMON STOCK. (FILE 33-60122 - MAR. 26)(BR. 6)

S-8 UNUM CORP. 2211 CONGRESS ST. PORTLAND. ME 04122 (207) 770-2211 - 500.000 ($28.280.000) COMMON STOCK. (FilE 33-60124 - MAR_ 26) (BR_ 9)

S-3 CHESAPEAKE & POTOMAC TELEPHONE CO OF WEST VIRGINIA. 1500 MACCORKLE AVE SE. CHARLESTON. WV 25314 (304) 343-9911 - 100.000,000 ($100.000.000) STRAIGHT BONDS. (FILE 33-60126 - MAR. 26) (BR_ 7)

S-8 INDUSTRIAL TRAINING CORP. 13515 DULLES TECHNOLOGY DR. HERND<>N. VA 22071 (703) 713-3335 - 115.000 (S805.000) COMMON STOCK. (FILE 33-60128 . MAR. 26) (BR. 11)

S-3 ~ASHINGTON ~ATER P~ER CO. 1411 E MISSION AVE. SPOKANE. ~A 99202 (509) 489-0500 -200.000.000 ($200,000,000) MORTGAGE BONDS. (FILE 33-60136 - MAR. 26) (BR. 8)

S-8 INDUSTRIAL TRAINING CORP. 13515 DULLES TECHNOLOGY DR. HERNDON. VA 22071 (703) 713-3335 - 35,000 ($245.000) COMMON STOCK. (fiLE 33-60138 - MAR. 26) (BR. 11)

EWS DIGEST. April 6. 1993 7

I

I

S - 8 AMERICAN C Y A N A M I D CO, 1 CYANAMID PLAZA, WAYNE, N J 0 7 4 7 0 ( 2 0 1 ) 8 3 1 - 2 0 0 0 - 5 , 0 0 0 , 0 0 0 ( $ 2 5 3 , 1 2 5 , 0 0 0 ) COMMON STOCK. ( F I L E 3 3 - 6 0 1 4 0 - MAR. 2 6 ) (BR. 2 )

S - 3 LEE SARA CORP, THREE F I R S T NATL P L Z STE 4 6 0 0 , CHICAGO, I L 6 0 6 0 2 ( 3 1 2 ) 7 2 6 - 2 6 0 0 ( F I L E 3 3 - 6 0 1 5 2 - MAR. 2 9 )

F - 1 B A N K I N G CORP OF S P A I N I N C , PASEO DE RECOLEOS 1 0 , M A D R I D S P A I N 2 8 0 0 1 , U 3 ( 3 4 1 ) 5 3 7 - 0 0 0 0 - 2 9 2 , 3 8 4 , 0 0 0 ( 8 2 9 2 , 3 8 4 , 0 0 0 ) FOREIGN COHMON STOCK. ( F I L E 3 3 - 6 0 1 6 0 -

MAR. 2 9 ) ( B R . 1 - NEU I S S U E )

S - 3 KANEB P I P E L I N E PARTNERS L P, 2 4 0 0 L A K E S I D E B L V D STE 6 0 0 , RICHARDSON, TX 7 5 0 8 2

a f t e r the e n d , o f tllc c a l e n d a r y e a r i n which t h e p e r s o n became s u t , j e c t to S e c t i 1 3 ( d ) ( l ) . Companies and i n d i v i d u a l s rnaking a t e n d e r o f f e r must h a v e on f i l e a t t t ime t h e t e n d e r . . o f f e r co~nmencesn S c h e d u l e 14D-1.

Below i s a l i s t o f r e c e n t f i l i n g s o f S c h e d u l e s 13D and 1 4 D , which i n c l u d e s t f o l l o w i n g i n E o r m a t i o n : Column 1 - t h e company p u r c h a s e d ( t o p ) , and t h e Fane o f t p u r c h a s e r ; Column 2 - t h e t y p e o f s e c u r i t y p u r c h a s e d ; Column - 3 - t t le t y p e o f f o

EVENT S H R S ( 0 0 0 ) / C U S I P / F I L I N G NAME AND CLASS OF STOCK/OWNER FORM DATE YAUNED PRIOR% STATUS

BANCO COMERCIAL PORTUGUES SA SPONS ADR NEU 9 , 1 4 0 0 5 9 4 7 9 3 0 BANCO CENTRAL HlSPANOAMERlCANO 1 3 D 3 / 1 9 / 9 3 1 0 . 1 0 . 0 NEU

BARRY R G CORP C OM 5 3 2 0 6 8 7 9 8 1 0 ZACKS GORDON 1 3 0 3 / 2 9 / 9 3 1 4 . 1 1 4 . 8 UPDATE

BARRY R G CORP 5 3 2 0 6 8 7 9 8 1 0 ZACKS GORDON 1 3 D 3 / 2 9 / 9 3 1 4 . 1 1 4 . 8 R V S l O N

B I G 6 I N C COM 7 5 8 0 8 8 8 9 1 1 0 F I D E L I T Y I N T L L I D 13D 3 / 2 4 / 9 3 9.9 6 . 5 UPDATE

B I G B I N C COM 7 5 8 0 8 8 8 9 1 1 0 FMR CORP 1 3 0 3 / 2 6 / 9 3 9.9 6 . 5 UPDATE

NEWS DIGEST, A p r i l 6.

ACQUISITIONS CONT.

NAME ANO CLASS OF STOCK/OWNER FORM

CITADEL HLDG CORP COM COOPER CHARLES MICHAEL GARY 130

CITA~EL HLDG CORP COM UJOPFR CHARI rs MICHArI GARY no

(I fA~EL HLDG CORP COM IIJCSOIIELECTRIC P\.IRCO ET AL no

CITADEL HLDG CORP COM TUCSON ELECTRIC PIIR CO ET AL 130

CO~PRESSION LABS INC COM T~OMSON CONSUMER ELECTR 130

::::;c::q OEV CO COM NEil (RUTTSCHN ITT THEODORE H 130

caDDeR DEV CO COM NEil MCQGOMERY PARKER G 130

ENZ:~ INC COM ALEXANDER LESLI E L 130

ETMt~ ALLEN INTERIORS INC COM ~RiMERICA CORP ET AL 130

ETHAN ALLEN INTERIORS INC COM ~RIMERICA CORP ET AL 150

HE/=E:l CORP ',INTEl EOUITY MGMT INC

COM 130

rll,," ATHLETIC F~R CORP

INDS INC COM 130

l~<:,MATION SYSTEMS ,~BENSTEIN BARRY

ACOUIS ET AL

COM 130

I(I~ARK CORP NORTHBRIDGE HLDGS

COM INC ET AL 130

KINARK CORP COM \lALKER ROBT 8. PAULINE REV TRST 130

LAfllCE SEMICONDUCTOR CORP COM FIDELITY INTl LTD 130

LATTICE SEMICONDUCTOR CORP COM fMR CORP 130

LfAK X CORP COM

RUBIN ROllfRT M no

NEWS DIGEST, April 6, 1993

EVENT SHRS(OOO)/ CUSIP/ FILING

DATE XOWNED PRIOR" STATUS

0 17286210 3/26/93 0.0 4.8 UPDATE

0 17286210 3/26/93 0.0 4.8 RVSION

711 17286210 3/23/93 10.8 0.0 NEil

711 17286210 3/23/93 10.8 0.0 RVSION

1,435 20467210 3/31/93 12.7 10.1 UPDATE

690 21665520 3/26/93 28.5 24.6 UPDATE

409 21665520 3/26/93 16.9 12.7 UPDATE

1,356 29390410 2/28/93 5.8 0.0 NEil

919 29760210 3/23/93 7.6 0.0 NEil

919 29760210

3/23/95 7.6 0.0 RVSION

465 428290104/ 1/93 6.4 8.8 UPDATE

214 44863210

3/24/93 8.0 9.3 UPDATE

185 45676110 3/26/93 7.4 0.0 NE:Il

97 49447410

3/23/93 2.3 4.7 UPDATE

386 49447410

3/23/93 9.3 11.4 UPDATE

588 51841510

3/24/93 5.0 7.0 UPDATf

588 51841510

3/24/93 5.0 8.0 UPDATE

551 52178410 7/ 1/(r~ 6.2 9.6 UPDATE

9

•

ACQUISITIONS CONT.

'!!I,..t_A.'!!L~1~SSOf S~l~fR_ __.!9R"._

EVfNT l>A1L

SHRS(OOO)/ CUSIP/7il\JN£!1_~RJ~~_SI

FILING A.H~

l[AK· X CORP RUBIN ROBERT"

COM 130 2/ 1/93

~~1

6.2 ~21l8410

9.6 UPDATE

LEAK-X CORP RUBIN ROBERT M

COM 130 2! 1/93

551 6.2

52178410 9.6 UPDATE

LEAK-X CORP RUBIN ROBERT M

COM 130 2! 1/93

551 52178410 6.2 9.6 RVSION

LEAK-X CORP RUBIN ROBERT M

COM 130 2! 1/93

551 52178410 6.2 9.6 RVSION

LEAK-X CORP RUBIN ROBERT M

tOM 130 2! 1/93

551 52178410 6.2 9.6 RVSION

MAGMA PWR MCCABE

CO NEW B C fNOTN

tOM 130 3/31/93

2,75312.0

-55919410 0.0 ~EW

MARRIOTT UNION

CORP BK/SWITZERLANO ET

tOM ilL 130 4/ 2/93

6,848 6.8

57163010 6.8 UPDATE

MfTATfC CORP r.L A 677 'i9139810

WilKINS J[ffR[Y M BO ~/751<JS I'> .I 0.0 NlW

MEIATEC CORP CL A 627 59139810

WILKINS JEFFREY M 130 3/23/93 15.7 0.0 RVSION

NTN COMMUNICATIONS INC COM NEW 965 62941030

FIDELITY INTL LTD 130 3/26/93 8.1 9.2 UPDATE

NTN COMMUNICATIONS FMR tORP

INC COM NEW 130 3/26/93

965 62941030 8.1 9.2 UPDATE

RCL ACQUISITION CORP IMPERIAL INTL GRP INC

COM 130 3/30/93

i05 4.9

74935110 6.3 UPDATE

RCL ACOUISITION CORP COM 105 74935110

IMPERIAL INTL GRP INC 130 3/30/93 4.9 6.3 RVSION

REGAL COMMUNICATIONS ROSENBERG JOAN

CORP COM 130 3/ 5/93

1,308 6.6

75875630 0.0 NEw

REGAL COMMUNICATIONS ROSENBERG JOAN

CORP COM 130 3/ 5/93

1,308 6.6

75875630 0.0 RVSION

SCOTTISH HERITABLE SHT HLDGS INC

INC COM 130 3/30/93

1,918 50.0

81013110 50.0 UPDATE

SCOTTISH HERITABLE SHT HLOGS INC

tNt COM 130 3/30/93

1,91850.0

81013110 50.0 RVSION

NEWS DIGEST, April 6, 199310

ACQUISITIONS CONT.

EVENT SHRS(OOO)I CUSIPI FILING

NAME AND CLASS OF STOCK/OWNER FORM DATE XOWNED PRIORX STATUS

SEVEN J STOCK FARM INC BLACKBURN GERALD ~

SPELLING ENTMT GROUP INC SEGI HLDG CO ET AL

COM

COM

130

130

3/26/93

3/31/93

457 81785110 31.5 0.0 NE~

27,392 53.4

84780710 5.6 UPDATE

SPELLING ENTMT GROUP INC SEGI HLDG CO ET AL

COM

SPORTS/LEISURE INC SPORTS/LEISURE ACOUIS

COM ET AL

SPORTS/LEISURE INC SPORTS/LEISURE ACOUIS

COM ET Al

STANDARD REGISTER CO FIFTH THIRD BANK ET AL

COM

130

130

130

130

3/31/93

3122193

3122193

3/23/93

27,39253.4

5,500 67.1

5,50067.1

7,328 25.5

84780710 5.6 RVSION

84891810 0.0 NE~

84891810 0.0 RVSION

85388710 25.5 UPDATE

STANDARD FIFTH

REGISTER CO THIRD BANK ET AL

TEJAS P~R CORP OUASHA ALAN GRANT ET AL

COM

COM

130

130

3123/93

2122193

7,32825.5

1,79917.5

85388710 25.5

87907910 26.4

RVSION

UPDATE

TEJAS P\IR CORP OUASHA ALAN GRANT ET AL

COM 130 2122193

1,79917.5

87907910 26.4 RVSIc:.

TRANS INDS INC NE~BY STEVEN T

COM 130 3/26/93

175 89323910 6.0 5.6 UPDATE

TRANS INDS INC NEWBY STEVEN T

VALUEVISION INTL SMITH NEW COURT, CARL

COM

COM MARKS IN

130

130

3/26/93

3/19/93

175 89323910 6.0 5.6

288 92099310 5.5 0.0

RVSIOll

NE~

VECTOR AEROMOTIVE DJOIH SET IAWAN

CORP COM COM NO PAR 130 3/ 2193

5,00031.9

92299930 25.5 UPDATE

VECrOR AEROMOTIVE DJOOY SETIAWAN

CORP COM COM NO PAR 130 3/ 2193

5,000 31.9

92299930 25.5 RVSIOM

WESTERN MICRO TECHNOLOGY MARREN BERNARD T

INC COM 130 3/31/93

371 95864810 12.8 12.9 UPDATE

WESTERN MICRO TECHNOLOGY MARREN BERNARD T

INC COM 130 3/31/93

371 95864810 12.8 12.9 RVSION

WESTERN MICRO TECHNOLOGY VENTURE GROWTH ASSOC

INC COM

WOLVERINE WORLD WIDE INC CUNDILL PETER & ASSOC LTD

COM

130

130

4/ 1/93

3126/93

277 95864810 9.8 7.7

200 97809710 2.7 5.0

UPOATE

UPDATE

S DIGEST, April 6, 1993 11

SEC PUBLIC INFORMATION NUMBERS

Members of the public seeking information and/or material from the Commission continue to complain of being incorrectly referred to the wrong telephone number byCommission staff. The following information is furnished to assist you in directlycalling the appropriate office:

Consumer Affairs (202-272-7440) : Investor inquiries and complaint processinginformation.

freedom of Infol"IDl'ItioJ) (202-271.-7/.20): Reque stsBnlOcb conce rnt ng FOIA, Privacy Act, Sunshine Act, confidential t rea tment; matters, etc.

Personnel Locator (202-272-2550): Requests for names and phone numbe rs of Commission personnel.

Public Affairs (202-272-2650): Information about matters in the SEC ~ews Digest,the Commission's operations, and calls from the press not directed to particularindividuals, and other related matters.

Public Reference (202-272-7450) ~ Requests for information on whether or not a document has been filed, etc.

Publications Unit (202-272-7460/7461): Requests for forms, studies. directories, etc.

Office of the Secretary (202-272-2600): Requests for information on the Commission calendar.

SEC Informiltlon Line (202-272-3100/562/1): General Lnfo rma t Lon ..bout SEC opo ra t. ions <lnd activities through a series of recorded messages.

12 NEWS DIGEST. April h, 1993