sec news dioestLIBRARY

Issue 92-134 July 13, 1992

.IUL 1 ·1 1992

RENEWAL OF THE EMERGING MARKETS ADVISORY COMMITTEE

Chairman Breeden, with the concurrence of other members of the Commission, has renewed the Emerging Markets Advisory Committee which advises the Commission on steps that should be taken by the Commission and the U.S. financial services industry to assist efforts to create organized securities markets in foreign countries, including those in Eastern Europe. FOR FURTHER INFORMATION CONTACT: Thomas Riesenberg, Assistant General Counsel, at (202) 504-2427 or Susan Nash, Senior Counsel, at (202) 272-2070. (International Series ReI. 414; File No. 265-16)

ADRIHlSTRA~Iva PaOCBBDINGS

NASD ACTION AGAINST DARRELL WILLIAMS AFFIRMED

The Commission has affirmed NASD disciplinary action against Darrell Jay Williams, of Los Gatos, California, a former salesman for an NASD member firm. The NASD censured Williams, fined him $20,000, suspended him from association with any member for one year and required him to requalify as a registered representative byexamination before acting in that capacity again.

The Commission found that in 1988 Williams improperly engaged in a private securities transaction. Williams failed to give his employer the required prior written notification that, on his recommendation, two of his customers invested $50,000 each in notes of Diversified Money Debentures and Finance, Inc., a transaction outside the scope of Williams' employment. In addition, Williams subsequently failed to provide information requested by the NASD concerning that transaction. (ReI. 34-30886)

CIVIL PROCBBDIBG8

CIVIL ACTION AGAINST BFMF CORPORATION D/B/A FMF CORPORATION, ABRAHAM GREENSPAN, B.F. WINBORN, CHARLES BRANDES AND WORLD TRADING CORPORATION OF HOUSTON, INC.

The Commission announced that the U.S. District Court for the Southern District of Texas, Houston Division, entered judgment against B.F. Winborn, Charles Brandes and BFMF Corporation d/b/a FMF Corporation. Winborn and Brandes consented to entry of judgments ordering them to disgorge $12,000 and $5000, respectively, and waivingimposition of a civil penalty, on the grounds that they were unable to pay more. The

final judgments also permanently bar Winborn and Brandes from serving as officers or directors of any public company. Winborn and Brandes, as well as BFKF Corporationd/b/a FMF Corporation, previously had a summary judgment entered against them and were enjoined from violations of Securities Exchange Act of 1934 Section lOeb) and Rule 10b-S promulgated thereunder and Securities Act of 1933 Sections 5 and l7(a). .-~.

The Court also entered judgment imposing a $3 million civil penalty under the Securities Enforcement Remedies and Penny Stock Reform Act of 1990 (Remedies Act) against BFMF Corporation d/b/a FKF Corporation. [SEC v. BFKF Corporation D/B/A FKF Corporation, Abraham Greenspan, B.F. Winborn, Charles Brandes and World TradingCorporation of Houston, Inc., Civil Action No. H-90-3706, USDC for the Southern District of Texas, Houston Division] (LR-1330l)

COMPlAINT FILED AGAINST ALBERT IABOZ, JASON IABOZ AND EZRA CATTAN

The Commission announced today the filing of a complaint in U.S. District Court for the District of Massachusetts against Albert Laboz, Jason Laboz, and Ezra Cattan of New York City, New York alleging violations of Section lOeb) of the Securities Exchange Act of 1934 and Rule 10b-S thereunder in connection with trading in July, 1987 in the securities of Parisian, Inc. (Parisian), shortly before the announcement of a proposed merger and leveraged buy-out of the company. The complaint seeks permanent injunctions, disgorgement of profits with prejudgment interest and civil penalties.

According to the complaint, the present action is related to SEC v. Hurton, et al.,Civil Action No. 89-l070-K (the Hurton Action), currently pending in U.S. District Court for the District of Massachusetts, and arises from the same insider tradingscheme. The complaint in the Hurton Action alleges and the present complaintrealleges that in 1987, Kerry A. Hurton (Hurton), a paralegal assistant in the Boston office of the law firm of Skadden, Arps, Slate, Meagher & Flom misappropriated from the law firm material nonpublic information concerning the proposed merger and leveraged buy-out of Parisian and disclosed the misappropriated information to Eric Laboz, among others.

The present complaint alleges that Eric Laboz directly or indirectly communicated the material nonpub1ic information obtained from Hurton to Albert Laboz, Jason Laboz and Ezra Cattan, who directly or indirectly caused a total of as much as 10,745 shares of Parisian stock to be purchased, resulting in profits of approximately $133,252 when

of Idaho, sentenced Michael R. Vierra of Sun Valley, Idaho to the Idaho State

the price of USDC C.Mass,

the stock rose to approximately $30.65. Civ. Action No. 92-11701K] (LR-13309)

[SEC v. Albert Laboz, et a1.,

FORKER STOCKBROKER SENTENCED

The Commission announced that on July 6 the District Court for Blaine County, State

Penitentiary for a determinate term of five years and an indeterminate term of nine years on 45 criminal counts. On April 28, 1992, after a week-long trial, a jury found Vierra guilty of 37 counts of embezzlement and 7 counts of forgery under state law,following an investigation and prosecution in which the Securities and ExchangeCommission's Seattle Regional Office staff assisted state authorities. Vierra had been enjoined in a lawsuit filed by the Commission in June 1990, by consent, without

2 NEWS DIGEST, July 13, 1992

admitting or denying the charges, from violation of the antifraud provisions of the federal securities laws. He was also enjoined from aiding and abetting a McCall,Idaho, broker-dealer, of which he was a principal, from violating Commission rules against false filings, false reporting and false record keeping and from violatingthe Commission's financial responsibility rules. [State of Idaho v. Michael R. Vierra, Case No. 8244, Idaho, July 7] (LR-133l0)

OPPENHEIMER ASSET ALLOCATION FUND, ET AL.

A conditional order has been issued under Section 17(d) of the Investment Company Act and Rule l7d-l thereunder to permit Oppenheimer Asset Allocation Fund, et a1. to operate joint trading accounts for the purpose of investing in repurchase agreements. (ReI. IC-188l8 - June 30)

PAINEWEBBER AMERICA FUND, ET AL.

A conditional order has been issued under Section 6(c) of the Investment Company Act to amend a prior order that exempts PaineWebber America Fund, et a1. from the provisions of Sections 2(a)(32), 2(a)(35), l8(f), l8(g), 18(i), 22(c) and 22(d) of the Act and Rule 22c-l thereunder. (ReI. IC-18820 - June 30)

HUTTON AMA CASH FUND, INC.HUTTON NATIONAL MUNICIPAL FUND INC.HUTTON GOVERNMENT FUND, INC.MUNICIPAL CASH RESERVE MANAGEMENT, INC.THE WILLIAMSBURG FUND, INC.LIFEFUND ACCOUNTSTARTRADE FUND, INC.RXR DYNAMIC GOVERNMENT FUND, INC.

Orders have been issued under Section 8(f) of the Investment Company Act declaringthat the above-named companies have ceased to be investment companies. (Re1s. IC-18824, IC-1882S, IC-18826 and IC-18827, respectively - July 1; IC-1883l, IC-18834 and IC-18835, respectively - July 7; Ie-18837 - July 8)

GOVERNMENT SECURITIES EQUITY TRUST, ET AL.

The Government Securities Equity Trust, et al. (Government Securities) have been issued a conditional order under Section 6(c) of the Investment Company Act for an exemption from Section 12(d)(1) to permit certain unit investment trusts to invest in shares of one of certain mutual funds and zero coupon obligations. The conditional order also exempts Government Securities from Section l4(a) to exempt the trust sponsor from having to take for its own account or place with others $100,000 worth of units in the trusts. In addition, Government Securities is exempted from Section 19(b) and Rule 19b-l to permit the trusts to distribute capital gains resulting from redemption of fund shares within a reasonable time after receipt. Further, Government Securities is exempted from Section 22(d) to permit waiver of any sales load otherwise applicable on fund shares that the trusts have purchased; under Sections 11(a) and (c) to permit certain offers of exchange involving the trusts; and under Section l7(d) and Rule l7d-l permitting certain affiliated transactions involving the trusts. (ReI. IC-18836 - July 7)

NEWS DIGEST, July 13, 1992 3

SBCUlU'1'XBS ACT RBGI8TRA~X0B8 '

The following 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 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-8 HAILEY ENERGYCORP, 104 PINE ST STE 408, ABILENE, TX 79604 (915) 676-8529 -1,500,000 ($585,000) C04MONSTOCK. (FILE 33-48872 - JUL. 02) (BR. 3)

S-6 FIRST TRUST SPECIAL SIT TR SE 36 FIR TR PREF ADJ RAT TR SE 2, 1001 ~RENVILLE ROAD,C/O NIKE SECURITIES LP, LISLE, IL 60532 - INDEFINITE SHARES. UNDERWRITER:STIFEL NICOlAUS & CO INCDEPOSITOR: NIKE SCURITIES LP. (FILE 33-48894 - JlII. 30)(BR. 16 - NEW ISSUE)

S-8 INTERNATIONAL BANCSHARESCORP, P 0 DRAWER1359, LAREDO, TX 78042 (512) 554-5250 -150,000 ($3,750,000) C04MONSTOCK. (FILE 33-49038 - JlII. 30) (BR. 1)

S-1 SANDIA MORTGAGECORPORATION, 11104 MENAULNE, ALalClUERCIUE, 11M87112 (505) 292-3900- 15,000,000 (S15,000,000) STRAIGHT BONDS. UNDERWRITER:MILLER & SCHROEDERFINANCIAL INC. (FILE 33-49122 - JUL. 01) (BR. 11 - NEW ISSUE)

S-8 CRAGIN FINANCIAL CORP, 5200 W FULLERTONAVE, CHICAGO, IL 60639 (312) 889-1000 -36,750 (1367,500) COlO! STOCK. (FILE 33-49128 - JUL. 01) (BR. 2)

S-3 SALCIQI INC, SEVEN WORLDTRADE CNTR, NEWYORK, NY 10048 (212) 783-7'000 -500,000,000 ($500,000,000) STRAIGHT BONDS. UNDERWRITER: SALCIQI BROTHERSINC. (FILE33-49136 - JUL. 01) (BR. 12)

S-1 CELLULAR COMMUNICATIONSOF PUERTORICO INC, 150 EAST 58TH ST, NEWYORK, NY 10155 (212) 906-8440 - 34,500,000 (134,500,000) CONVERTIBLE DEBENTURESAND NOTES.UNDERWRITER: DONALDSONLUFKIN & JENRETTE, SALCIQI BROTHERSINC. (FILE 33-49138 -JUL. 01) (BR. 7)

S-18 AIR VEGAS ENTERPRISES INC, 500 E HWY1146, LAS VEGAS, NY 89124 (702) 736-3699 -1,000,000 ($3,000,000) C04MONSTOCK. (FILE 33-49142 - JUL. 01) (BR. 3)

S-1 CLUCICERSWOOOROASTEDCHICKEN INC, 11900 BISCAYNE BLVD, NORTHMIAMI, FL 33181 (305) 899-2585 - 575,000 ($3,450,000) C04MONSTOCK. 632,500 ($3,766,250) COMMONSTOCK.157,500 (S100,051.50) WARRANTS,OPTIONS OR RIGHTS. 200,000 ($1,400,000) COMMONSTOCK.1n,500 ($1,219,500) C04MONSTOCK. UNDERWRITER:NOBLE INVESTMENTCO OF PALM BEACH.(FILE 33-49146 - JUL. 01) (BR. 12 - NEW ISSUE)

S-3 NORTHWESTPIPELINE CORP, 295 CHIPETA WAY, SALT LAKE CITY, UT 84158 (801) 583-8800 -200,000,000 ($200,000,000) STRAIGHT BONDS. (FILE 33-49150 - JUL. 02) (BR. 8)

S-8 SUltIT TECHNOLOGYINC, 21 HICKORY DR, WALTHAM, MA 02154 (617) 890-1234 - 250,000(S5,750,000) COMMONSTOCK. (FILE 33-49154 - JUL. 02) (BR. 8)

S-3 TECHNECORP /MN/, 614 MCKINLEY PL N E, MINNEAPOLIS, MN 55413 (612) 319-8854 -537,066 (14,900,727) C04MONSTOCK. (FILE 33-49156 - JUL. 02) (BR. 4)

4 NEWS DIGEST, July 13, 1992

REGISTRATIONS CONTINUED

S-8 AZTEC MANUFACTURINGCO, 400 N TARRANTRD, CROWLEY,TX 76036 (817) 297-4361 -248,492 (S745,476) COIMON STOCK. 276,508 (1864,087.50) COIMON STOCK. (FILE 33-49158 -JUL. 02) (BR. 6)

S-8 TECHNECORP /MN/, 614 MCKINLEY PL N E, MINNEAPOLIS, MN 55413 (612) 379-8854 -200,000 (S1,825,000) COIMON STOCK. (FILE 33-49160 - JUL. 02) (BR. 4)

S-8 StJlm TECHNOLOGYINC, 21 HICKORY DR, WALTHAM,MA 02154 (617) 890-1234 - 50,000 (S1,150,000) COIMON STOCK. (FILE 33-49162 - JUL. 02) (BR. 8)

S-8 AZTEC MANUFACTURINGCO, 400 N TARRANTRD, CROWLEY,TX 76036 (817) 297-4361 - 63,000 (S232,470) CCMQI STOCK. 10,500 (134,965) COMMOII STOCK. 84,000 ($262,500) COIMON STOCK. (FILE 33-49164 - JUL. 02) (BR. 6)

S-3 VICORP RESTAURANTSINC, 400 W 48TH AVE, DENVER, CO 80216 (303) 296-2121 - 3,000 (S18,750) COIMON STOCK. 45,048 (1301,258.50) COIMON STOCK. 40,000 (S225,000) COIMON STOCK. 100,000 (S562,500) CCMQI STOCK. (FILE 33-49166 - JUN. 29) (BR. 12)

S-8 HEALTH EQUITY PROPERTIES INC, 915 WEST4TH ST, POBOX 348, WINSTON SALEM, NC 271~1 (919) 723-7580 - 100,000 (S881,250) COMMONSTOCK. (FILE 33-49168 - JUL. 02) (BR. 6)

S-8 TCA CABLE TV INC, 3015 SSE LOOP 323, TYLER, TX 75701 (903) 595-3701 - 100,000 ($2,000,000) COIMON STOCK. (FILE 33-49172 - JUL. 02) (BR. 7)

S-3 BRUSH CREEK MINING & DEVELOPMENTCO INC, 970 E MAIN ST STE 200, GRASS VALLEY, CA 95945 (916) 477-5961 - 9,438,282 (S9,721,430.46) CCMQI STOCK. 2,265,000 ($2,332,950) COIMON STOCK. (FILE 33-49174 - JUL. 02) (BR. 11)

S-3 CCJGIUTERPRODUCTSINC, 7900 GLADES RO STE 500, BOCA RATON, FL 33434 (407) 451-1000 - 37,037 (S106,666.56) COMMON STOCK. (FILE 33-49176 - JUL. 02) (BR. 3)

S-8 BRUSH CREEK MINING & DEVELOPMENTCO INC, 970 E MAIN ST STE 200, GRASS VALLEY, CA 95945 (916) 477-5961 - 2,350,000 ($2,420,500) CCMQI STOCK. (FILE 33-49178 - JUL. 02) (BR. 11)

S-8 VIVIGEN INC, 2000 VIVIGEN WAY, SANTA FE, NM 87505 (505) 438-1111 - 200,000 ($2,887,500) CCMQI STOCK. (FILE 33-49180 - JUL. 02) (BR. 5)

S-8 VIVIGEN INC, 2000 VIVIGEN WAY, SANTA FE, NM 87505 (505) 438-1111 - 50,000 (S721,875) FOREIGN CCMQI STOCK. (FILE 33-49182 - JUL. 02) (BR. 5)

S-8 SHL SYSTEMHOUSEINC, 50 OCONNORST STE 501, OTTAWAONTARIO CANADAK1P 6L2, A6 (613) 236-1428 - 1,240,000 (S8,060,000) FOREIGN CCMQI STOCK. 60,000 ($316,200) FOREIGN C04MONSTOCK. 60,000 ($335,400) FOREIGN COIMON STOCK. 390,000 (S1,953,900) FOREIGN COMMON STOCK. 120,000 ($517,950) fOREIGN CCMQI STOCK. (fILE 33-49184 -JUL. 02) (BR. 9)

S-2 ALL QUOTES INC, 40 EXCHANGEPL, NEV YORK, NY 10005 (212) 425-5030 - 690,000 ($3,450,000) CCMQI STOCK. 690,000 (S5,175,000) CCMQI STOCK. 60,000 (S36O,000) WARRANTS,OPTIONS OR RIGHTS. 60,000 (1450,000) COMMONSTOCK. UNDERWRITER: AMERICAN BONDGROUPINC. (fILE 33-49186 - JUL. 02) (BR. 10)

S-4 CONJECTUREINC, PO BOX 15165, SPOKANE, WA 99215 (509) 226-0812 - 4,171,019 (S1,918,668.74) COIMON STOCK. (fILE 33-49188 - JUL. 02) (BR. 8)

NEWS DIGEST, July 13, 1992 5

REGISTRATIONS CONTINUED

S-' LIFEQUEST MEDICAL INC, 9601 MCALLISTER FREEWAYSUITE 1120, SAN ANTONIO, TX 78216 (512) 366-2100 - 1,610,000 ($20,930,000) CtMOI STOCK. UNDERYRITER: HANIFEN IMHOFF INC, KEMPERSECURITIES INC. (FILE 33-49196 - JUL. 01) (BR. 8 - NEW ISSUE)

S-3 FORDMOTORCREDIT CO, THE AMERICANRD, DEARBORN,MI 48121 (313) 322-3000 -2,000,000,000 ($2,000,000,000) STRAIGHT BONDS. (FILE 33-49202 - JUL. 01) (BR. 12)

S-8 CIlIBB CORP, 15 IOIITAIN VIEW RD, WARREN, NJ 07061 (980) 580-2000 - 300,000 ($21,262,500) CtMOI STOCK. (FILE 33-49230 - JUl. 02) (BR. 9)

S-8 CHUBBCORP, 15 IOIITAIN VIEW RD, WARREN,NJ 07061 (980) 580-2000 - 1,625,385 (1115,199,161.88) CtMOI STOCK. (FILE 33-49232 • JUL. 02) (BR. 9)

S-8 WARNERlAMBERT CO, 201 TABOR RD, MORRIS PLAINS, NJ 07950 (201) 540-2000 - 3,300,000 (S198,206,250) CtMOI STOCK. (FILE 33-49244 - JUL. 01) (BR. 4)

S-11 RESOLUTION TRUST CORP, 801 17TH ST IN, WASHINGTON, DC 20006 (202) 416-6900 -1,000,000 (Sl,ooo,ooo) PASS-TIIRCIJGHMORTGAGE-BACKEDCERTIFICATE. UNDERWRITER: BEAR STEARNS& CO INC. (FilE 33-49264 - JUL. 02) (BR. 11)

S-8 ATRIX LABORATORIES INC, 2579 MIDPOINT DR, FORT COlLINS, CO 80525 (303) 482-5868 -900,000 (S7,650,000) CtMOI STOCK. (FilE 33-49268 - JUL. 02) (BR. 8)

S-2 PLAYBOY ENTERPRISES INC, 680 N lAKE SHOREDR, CHICAGO, IL 60611 (312) 751-8000 -1,450,000 (111,056,250) CtMOI STOCK. 2,000,000 (115,250,000) CtMOI STOCK. (FILE 33-49272 - JUL. 02) (BR. 11)

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 l3G) may in lieu of filing a Schedule l3D file a Schedule l3G 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 l4D-1.

Below is a list of recent filings of Schedules 13D and l4D, 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.

NAME ANP CLASS OF STOCK/OWNER FORM

EVENT SHRS(OOO)/ DATE XOWNED

CUSIP/ PRIORI

FILING

STATUS

AERODYNEPRODS CORP

GRUBERJON D ET AL 130 3/ 2/92 381

14.5

00776510

0.0 NEW

6 NEWS DIGEST, July 13, 1992

ACQUISITIONS CONT.

NAME AND CLASS Of STOCK/OWNER FOR!! EVENT DATE

SHRS(ooo)/WED

CUSIP/PRIOU

fiLING STAM

AGNICO EAGLE MINES LTD MENTOR EXPLORATION & DEVL

CCIt CO 130 6/30/92

3,11110.1

00847410 9.8 UPDATE

AGNICO EAGLE MINES PENNA PAUL

LTD CCIt 130 6/30/92

1,9076.2

00847410 6.1 UPDATE

ALCATEL ALSTHOM ITT DELAWARE

COMPAGNIE INVMNTS INC

CAPITAL STK 130 7/3/92

9,1001.0

01390410 0.0 NEW

AMERICAN CABOT

OIL & GAS CORP CORP ET AL

DEL CCIt 130 5/14/92

10,29845.6

02871110 44.3 UPDATE

AMERICAN RLTY TR FRIEDMAN WILLIAM S ET AL

CCIt PAR SO.01 130 6/30/92

1,18340.7

02917740 39.9 UPDATE

ARITECH CORP CCIt 487 04045110 SENVEST CAPITAL INC 130 6/29/92 15.5 13.9 UPDATE

CARETENDERS HEALTHCORP HEAL THSOUTH REHAB CORP

tall 130 6/29/92

5,07643.0

14174010 34.5 UPDATE

CHANDLER INS LTD CHANDLER HLPGS LTO ET AL

tall 130 71 8/92

2,31433.3

15905710 33.6 UPDATE

CHANDLER INS LTD tall 0 15905710 WINDSOR ACGUISITON CORP 140-1 7/ 9/92 0.0 0.0 NEW

DATAPOINT CORP BREN PETER M TRUSTEE

CCIt PAR SO.25 130 6/29/92

2,70020.0

23810020 21.3 UPDATE

ENERGY SVC INC RAINWATER RICHARD

CCIt E ET AL 130 5/14/92

20,31317.7

29271910 13.2 UPDATE

ENVIRONMENTAL DIAGNOSTICS IN tall PAR SO.15 183 29390740 LINDLEY J THOMAS JR 130 7/6/92 5.2 0.0 NEW

ENVIRONMENTAL DIAGNOSTICS IN tall PAR SO.15 264 29390740 L INOLET J THOMAS SR 130 7/ 6/92 7.4 8.1 UPDATE

ENVIRONMENTAL DIAGNOSTICS IN tall PAR SO.15 183 29390740 LINDLEY W CLARKE 130 7/ 1/92 5.2 0.0 NEW

GEOTEK INOS INC INTERGRQJP ET AL

tall 130 6/29/92

1,70810.9

37365410 9.6 UPDATE

I-FLOW CORP CCIt 368 44952030 ABELES JOlIN 130 6/29/92 6.5 5.4 UPDATE

I-FLOW CORP tall 408 44952030 TAl HENRY T 130 6/29/92 7.2 3.1 UPDATE

NEWS DIGEST, July 13, 1992 7

ACQUISITIONS CONT.

EVENT SHRS(OOO)l CUSIP/ FILINGNAME AND CLASS OF STOCK/OWNER FORM pATE XOW!fEP PRIORI STATUS

INTRENET INC COM 1,630 46119010MORGENS E & WATERFALL B ET AL 130 6/29/92 32.8 32.8 UPDATE

"PSI SYSTEMS INC COM 559 55341210STEPHENS PAUL H 130 5/26/92 6.6 5.4 UPDATE

MAGELLAN TECH INC COM 10,457 55909210BLODGETT JACK L ET AL 130 5/12/92 24.7 32.4 UPDATE

MAGELLAN TECH INC COM 10,457 55909210DAVIS GORDON M 130 5/12/92 24.7 32.4 UPDATE

NATIONAL RLTY L P UNIT NEW 784 63735330FRIEDMAN WILLIAM S ET AL 130 6/30/92 32.0 31.1 UPDATE

PHARMACONTROL CORP COM 1,152 71691030EASTLAKE SECURITIES ET AL 130 3/ 5/92 12.0 3.3 UPDATE

PINELANDS INC COM 2,055 72308910CAMCO INVESTORS INC ET AL 130 7/ 6/92 12.0 13.6 UPDATE

SlI GROUP INC COM 7,061 78491110AMERICAN FINANCIAL CORP ET AL 130 6/26/92 39.2 32.3 UPDATE

SOUTHERN UN CO NEW COM 1,850 84403010LINDEMANN GEORGE L ET AL 130 7/ 7/92 35.3 33.0 UPDATE

RECENT 8R PILINGS

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 following companies listed 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.

NEWS DIGEST, July 13, 1992 8

8K REPORTS

STATE SIC ITEM NO. NAME OF ISSUER COOE 12345678 DATE C(MIENT

---------------------~------------------ ....... ------------ ... -------MORTGAGE BANKERS FINANCIAL CORP I DE X X 07/01/92MOVIE GREATS NETWORK INC NV X X 03/30/92NETWORK FINANCIAL SERVICES INC CO X 07/06/92

I NETWORK GENERAL CORPORATION DE X X 06/26/92NEWELL CO /DE/ DE X X 07/02/92NOBLE AFFILIATES INC DE X 05/19/92 AMEND NORTHWESTERN DRUG CO MN X X 06/30/92OLYMPIC FINANCIAL LTD MN X X 06/24/92PAINEWEBBER MORTGAGE ACCEPTANCE CORPORAT DE X X 06/22/92PET INC DE X 06/18/92POlYMUSE INC NY X 06/27/92PST HOLDINGS INC DE X X 07/02/92QUALITY PRODUCTS INC DE X X 07/02/92REGENCY EQUITIES CORP DE X 06/30/92REPUBLIC WASTE INDUSTRIES INC DE X 05/13/92 AMEND RESOLUTION TRUST CORP C(MI MORT PAS THR X OS/26/92 AMEND RESOLUTION TRUST CORPORATION MORTGAGE PA X X 06/29/92ROSS COSMETICS DISTRIBUTION CENTERS INC DE X X 06/15/92ROYALE INVESTMENTS INC MN X X 06/30/92RYLAND MORTGAGE SECURITIES CORP IVAI VA X X 06/25/92SAFECO CORP WA X 07/02192SALOMON BROTHERS MORTGAGE SECURITIES VII DE X X 06/30/92SEAFIELD CAPITAL CORP MO X X 07/02/92SEAHAWK DEEP OCEAN TECHNOLOGY INC CO X 06/11/92SEARS MORTGAGE SECURITIES CORP DE X X 06/30/92SEPTIMA ENTERPRISES INC CO X 05/31/92 AMEND SIMTEK CORP CO NO ITEMS 07/02/92SMITH A 0 CORP DE X X 07106/92 SOURCE ONE MORTGAGE SERVICES CORP DE X 06/30/92SPORTS MEDIA INC DE X X 06/10/92

I STAPLES INC DE X X 06/23/92SUNTRUST BANKS INC GA X X 07/06/92SUPERVALU INC DE X X 06/30/92TELEflJNDO GROUP INC DE X 06/30/92TRANSCO ENERGY CO DE X 07/02192TRITON ENERGY CORP TX X OS/22/92 AMEND T2 MEDICAL INC DE X X 07/06/92UNION OIL CO OF CALI FORNIA CA X 07/08/92UNION TEXAS PETROLEUM HOLDINGS INC DE X X 07/02/92UNOCAL CORP/DE DE X 07/08/92VENTURA INC DE l( 07/06/92VEREX LABORATORIES INC/CO CO X X 06/30/92VIRGINIA ELECTRIC & POWER CO VA X 07/07/92VTX ELECTRONICS CORP DE X X 06/29/92WASHINGTON flJTUAL SAVINGS BANK SERIES A WA X 04/30/92WESCO FINANCIAL CORP DE X 06/25/92WESTERN STANDARD CORP WY X 03/13/92 AMEND ALANCO ENVIRONMENTAL RESOURCES CORP AZ X 07/07/92AMERICAN SENERAL FINANCE CORP IN X X 07102192 AMERICAN SCREEN CO DE X X 06/17/92

NEWS DIGEST, July 13, 1992 9

· 8K REPORTS CONT.

STATE 8K ITEM NO. NAME OF ISSUER ta)E 12345678 DATE COMENT

--_.-------------_.-----------_._._----- ----------_.--- .-.---.-ARCH IVE CORP /DE/ DE X X 01/01/92SANCFIRST OHIO CORP 011 X 07/06/92BEAR STEARNS MORTGAGE SECURITIES INC X 06!25/92BELL TELEPHONE CO OF PENNSYLVANIA PA X 07/06/92BIOCONTROl TECHNOlOGY INC PA X 07/01/92BLESSINGS CORP DE X 07/07/92IIMR FINANCIAL GROJP INC GA X X 06130/92CALGENE INC /DE/ DE X 06130/92CAPSTEAD SECURITIES CORPORATION IV DE X 06/29/92CENTRAL HOlD ING CO MI X 07/07/92CERIDIAN CORPJDE/ DE X X 06/23/92CHASE MORTGAGE FINANCE CORP DE X X 06/25/92CMS ENERGY CORP HI X 07/07/92alB SANCSHARES INC IN X X 06/24/92alMMONWEALTH INDUSTRIES CORP IL X X X 06/16/92CONSUMERS POWER CO MI X 07/07/92CONTINENTAL MEDICAL SYSTEMS INC /DE/ DE X 06/29/92COPILOT ELECTRONIC PRODUCTS INC CO X 07/06/92DIVERSIFIED RETAIL GROJP INC MD X 06130/92ECOSCIENCE CORP/DE DE X 06/03/92FIRST REPUBLIC SANCORP INC DE X 07/06/92 ,FIRST USA CREDIT CARD TRUST 1989-B DE X X 05/15/92 ..~ HFC HOME ECIUTY LOM TRUST SERIES 1991·1 DE X 06/19/92HFC HOME EQUITY LOM TRUST SERIES 1991-2 DE X 06119/92 HClJSEHOlD CREDIT CARD TRUST 1991-1 IV X 06/15/92 -,

IKlJSEHOlD CREDIT CARD TRUST 1991-2 DE X 06/15/92 , IMAGINE AMERICA INC NJ X 06/29/92INDEPENDENT SANICGROJP INC VT X X 07/01/92LA GEAR INC CA X X 07/08/92LINCOlN NATIONAL CORP IN X 07/07/92MARCADE GROJP INC NY X 07101/92

MARION MERRELL ~ INC DE X X 07/07/92MARLENE INDUSTRIES CORP/NY NY X 07/01/92Mel aMUllCATlONS CORP DE X 06/24/92 AMEND MORGAN STANLEY GROJP INC /DE/ DE X X 07/07/92NORTHERN STATES POWER CO /MN/ .. X 06126/92OZITE CORP DE X X 07/06/92PORTLAND GENERAL CORP /OR OR X 07/07/92PORTLAND GENERAL ELECTRIC CO /OR/ OR X 07/07/92PRIVATE LABEL CREDIT CARD MASTER TRUST 1 DE X 06/15/92RANDOM INTERNATIONAL HOLDING LTD DE X 05/14/92 AMEND

RESOURCES PENSION SHARES 5 LP DE X OS/21/92SANBORN INC DE NO ITEMS 03/06/92 AMEND

SEARS MORTGAGE SECUR ITIES CORP DE X 06/29/92SHEARSOII UNION SQUARE ASSOCIATES LTD PAR DE X 06130/92STONE MOUNTAIN INDUSTRIES INC CO X X 06130/92TYC IMAGE TECHNOlOGY INC DE X X 06/17/92UNITED STATIONERS INC DE )( X 06/24/92

NEWS DIGEST, July 13, 1992 10

8K REPORTS CONT.

STATE SIC ITEM NO. NAME OF ISSUER COOE 12345678 DATE CCMlENT ---------------------------------.------ ------_ ... _----- .---.----WESTCOTT COIUUCATJONS INC TX X X 06/26192 WESTERN TRANSMEDIA CO INC DE X 07107192 WITH DESIGN IN MIND INTERNATIONAL INC CO X 06123192 XCMA CORP /DEI DE X 06/29/92

NEWS DIGEST, July 13, 1992 11

SEC PUBLIC INFORMATION NUMBERS

Members of the public seeking tnfC)nnation .nd/o:r _aten.l from the: Conunission continue to complain of being. incorrectly refe-rred to the.wr-ong telephone numbe-r by Commission staff. Tbe following information 1$ turnis~d to .ssiat you in directly calling the approp-riate offtce~

Consumer AffAirs (202..272..1440): Investo-r inquiries and complaint processinginformation.

Freedom of Information Branch {202-212-7420}: ~uests eonce~ng FOIA. PrivacyAct, Sunshine Act, confidential treattnent matters, etc.

Personnel ls£ptqx (202·212-2550):. ReqUests for names and phone numbers of Commission personnel.

Public Affairs (202-272-2650): Info~tion about .. tte~$ in the SEC News Digest,the Commission's operations. and calls from the press not directed to particular ~ individuals, and other related matters. ~

Public Reference (202-272:-74S0): Requests for informa:tion on whether or not a document has been filedt etc.

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

~ Office of the Secretax:y (202-272-2600): R.equests for inforaat1on on the Commission t calendar.

. SEC Informatism lAne (202·272-3100/5624): General Infonnation about SEC operationsand activiti~g through a series of recorded messages.

NEWS DIGEST, July 13, 1992 12