oestIssue 88-103

JUN 1 1988 May 31, 1988

UA MC''Rmm AND ADMINISTRATIVE PROCEEDINGS

PROCEEDINGS INSTITUTED AGAINST VC MANAGEMENT (OF CONN), INC. AND RICHARD F.F. NICHOLS

The Commission instituted public administrative proceedings against VC Management (of Conn), Inc., a registered investment adviser, and its chairman, Richard F.F. Nichols, based upon alleged violations of the Investment Company Act of 1940 respecting the operations of VC Management's only client, The Greenfield Fund, Inc. (the Pund), a registered open-end investment company based in New York City.

The Order Instituting Proceedings alleges that Respondents violated the antifraud provisions of the Securities Act of 1933 and the Securities Exchange Act of 1934 byfalsely representing in the Pund's prospectuses, among other things, that persons were members of the board of directors when they were not, and that other directors were disinterested persons as defined by the Investment Company Act when they were not. The Order also alleges that Respondents violated Investment Company Act provisionsregarding the minimum number of disinterested directors, the Fund's books and records, the pricing of its shares, and the maintenance of a fidelity bond.

A hearing will be scheduled to determine whether the Order's allegations are true,and if so, what sanctions would be appropriate in the public interest. (ReI. IC-16410)

CIVIL PROCEEDINGS

CIVIL ACTION FILED AGAINST VIRGINIA MELHORN

The Atlanta Regional and Miami Branch Offices filed a Complaint on May 6 in the U.S. District Court for the Southern District· of Florida against Virginia Melhorn, former assistant to the chief executive officer of Charles Phillip Elliott, doing business as Elliott Enterprises, an unincorporated business with offices in Naples and Fort Myers, Florida. The Complaint seeks preliminary and permanent inju~ctions and other relief.

The Complaint alleges·that Melhorn aided and abetted the operation of an unregisteredbroker-dealer, sold unregistered securities, and made various misrepresentations and omissions of material facts in connection with the sales including, among others,failing to disclose that securities pledged as collateral for investors' funds were being rehypothecated, and falsely stating that periodic interest payments to investors were tax free. The Complaint alleges that Melhorn sold investments valued at approxi-mately $1 million to approximately 50 investors and received commissions of approxi-mately $80,000 on the sales. (SEC v. Virginia Melhorn, Civil Action No. 88-12043-CIV-HOEVELER, SDFL). (LR-11749)

INVES111ENT COMPANY ACT RELEASES

CAPITAL SOUTHWEST CORPORATION

A notice has been issued g~ving interested persons until June 20 to request a hearingon a proposal by the Commission to declare by order on its own motion that CapitalSouthwest Corporation has ceased to be an investment company. (ReI. IC-16412 - May 26)

THE ADVEST ADVANTAGE INVESTMENT TROST

A notice has been issued giving interested persons until June '20 to request a hearingon·an application filed by The Advest Advantage Investment Trust for an order declar-ing that it has ceased to be an investment coapany. (Re!. IC-16413 - May 26)

Q

HOLDING COMPAIY ACT RELEASES

MIDDLE SOUTH UTILITIES, INC.~ OHIO POWER COMPANY~ EASTERN UTILITIES ASSOCIATES

'&. ...... ~ +e« -) -'!!,o"'

Notices have been issued givin(ln'.~tea~ersons until June 20 to request a hearingon a proposal by the following c!ompariles"'lI1edunder Release 35-24651, dated May 26: MIDDLE SOUTH UTILITIES, INC. - I!l.• registe.,:edholding company, and its subsidiary, MSU System services, Inc., for Middle South to guarantee the performance of the MSU's amended lease obligations with respect to the.upgrading of a computer system without recourse to MSU first being r~i.utredH9Hle~;POtf8RCOMPANY (OPCo) - subsidiary of Ameri-can Electric c~mpany, AAd OhioPower InBtlol!o! or~~'8i,o,!~sIdiaries,Central Coal Company (COCCo), Southern Ohl.O CoaL c~ny/ ana wfnasor Power House Coal Company, to extend from June 30, 1988 to October " 1988 OPCo' s guaranty of COCCo's lease obligationsunder the Master Leasing Agreement with a non-associated company~ and EASTERN UTILITIES ASSOCIATES (EUA) - a registered holding company, to make certain amendments to a Note Agreement between EUA and the holders of EUA's 10-1/4% senior notes, due March " 1999 and, in exchange for the Senior Noteholders' consents to the proposed amendments, to increase the interest rates on the senior notes from 10-1/4% to 10-3/4%.

UmNG, DELlSnNG AND UNUSTED TRADING ACTIONS

UNLISTED TRADING GRANTED

Orders have been issued granting the application of the following stock exchanges for unlisted trading privileges in the common stock of the specified number of issues which are listed and registered on one or more other national securities exchangesand are reported in the consolidated transaction reporting system: Midwest Stock Exchange -three issues. (Re!. 34-25749); and the Philadelphia Stock Exchange - ten and five issues (two separate applications). (ReI. 34-25750~ 34-25751)

WITHDRAWAL GRANTED

An order has been issued granting the application of UC CORP. to withdraw its common stock, $.34 par value, from listing and registration on the American Stock Exchange.(Re!. 34-25752)

SELF.. auUTORY ORGANIZAnoNS

APPROVAL OF PROPOSED RULE CHANGE

The Commission approved a proposed rule change filed under Rule 19b-4 by The Philadel-phia Stock Exchange (SR-Phlx-88-3) to amend its margin rule, Rule 722, governing govern~ent, municipal and non-convertible corporate debt securities. (ReI. 34-25747)

SECURITIES ACT REGISTRATIONS 0

The following registration state.ents have been filed with the SBC under the Securi-ties Act of 1933. The reported inforaation appears as follows: Fora, Name, Address and phone Humber (if available) of the issuer of the security, Title and the nuaber and/or face ..aunt of the securities being offered, H.-e of the .anaging underwriter or depositor (if applicable), File nuaber and date filed, Assigned Branch, and a designation if the state.ent is a Hew Issue.

S-. FIRST EASTERN CORP IPAI, FIRST EASTERN PLl, PUBLIC SQ, ~ILKES BARRE, PA 18768 (111) 826-.623 - 2,299,959 ($26,786,880) COMMeN STOCK. (FILE 33-21753 - M'Y. 18)(SR. 1)

S-1 &RUG EMPORIUM INC/DE, 7760 OLENTANGY RI~ER RD, STf 207, CCLUH8US, OH ~3235(614' 888-6876 - 1,725,000 ($25,815,0001 COMMeN STOCK. UNCERW~ITER:fURMAN SfLl MAGER DIETZ & BIRNEV. (filE 33-21755 - MAY. 19' (SR. ~ - NEM ISSUE)

S-18 OlD PRESIDIO CORP, 48 N 56TH ST, PHOENIX, Al 8503~ (602) 275-365. - 75,000($150,000) COMMON STOC~. (fiLE 33-l1855-LA - MAY. 12) (aR. III

REWS DIGBST, May 31, 1988 2

t-4-2 KEMPER INTERMEDIATE GOVERNMENT TRUST, 120 S LASALLE ST, CHICAGO, IL 60603 (800) 531-6006 - 11,500,000 (5138,OCO,OOO) COMMON SHARES Of BE~EFICIAL INTEREST.UNCERWRITER: BATEMAN EICHLER HILL RICHARDS INC, BLUNT ELLIS & LGEWI INC,BOETTCHER & CO INC, PRESCOTT BALL & TURBEN INC. (FILE 33-21909 - MAY. 11) (BR. 16- NEW ISSUEJ

S-l1 CREXEL BURNHAM LAMBERT CMO TRUST SERIES T, C/O WIUUNGTCN TIWST CO,RODNEY SQUARE NORTH, WILMINGTON, DE 19890 (302' 651-1000 - 2,000,000,000 ($400,000'OTHER SECURITIES INCLUDING VOTING TRUST. ~NDERWRITER: LAMBERT DREXEL BURNHAM INC. (FILE 33-21946 - MA~. 11) CBR. 12 - NEW ISSUE.

S-6 INSURED MUNICIPALS INCOME TRUST 49TH INSURED MULTI SERIES, 1001 WARRENVILLE RD,CIO VAN KAMPEN MERRITT INC, LISLE, IL 60532 - 1,000 (SI,020,000. INDEFINITE SHARES. DEPOSITOR: VAN KAMPEN MERRITT INC. (FILE 33-21959 - MAY. 19) (BR. 18 - NEW ISSUE.

S-6 INSURED MUNICIPALS INCOME TRuST 50TH INSURED MULTI SERIES, 1001 WARRENVILLE RD,CIO VAN KAMPEN MERRITT INC, LISLE, IL 60532 - 1,000 ($1,020,000) INDEFINITE SHARES. DEPOSITOR: VAN KAMPEN MERRITTINC. (FILE 33-21960 - MAY. 19) (BR. 18 - NEW ISSUEI

S-6 VAN KAMPEN MERRITT INTERNATIONAL BOhO INCOME TRUST SER 10, 1001 WARRENVILLE RD,CIO VAN KAMPEN MERRITT INC, LISLE, IL 60532 - 1,000 (SI,100,0001 I~DEFINITE SHARES. DEPOSITOR: VAN KAMPEN MERRITT INC. (FILE 33-21961 - MAY. 19) (BR. 18 - NEW ISSUE.

5-1 JONES PROGRAMMING PARTNERS. 9697 E MINE~AL AVE. CIC JONES 21ST CENTURY MANAGEMENT INC, ENGLE.COD, CO 80112 (303' 792-3111 - 200,000($100.000.0001 LIMITED PARTNERSHIP CERTifICATE. (fiLE 33-21970 - MAY. 18. (BR. 11 - NEW ISSUEJ

S-l POLARIS AIRCRAfT INCOME FUNO V, FOUR EMBARCADERO CENTER, SA~ FRANCISCO, CA 9~111 (415) 362-0333 - 50C,000 (S2SQ,OCe,Cool LIMITED PARTNERSHIP CERTIFICATE. UNCERW~ITER: POUIUS SHURn IES CORP. (fILE 33-21971 - HAY. 19) IBR. 5 - NEW ISSUE)

S-1 MINeSCAPE INC, 3444 DUNDEE RD, NORTHBROOK, IL 60062 13121 480-1661 - 1,210,000(S12,100,000. caMMON STOCK. UNDERWRITER: BLAIR kllLIAM 'CO. (FILE 33-21979 -MAY. 19) (SR. 10 - NEh ISSUE.

5-3 MICRON TEChNOLOGY INC, 2805 E COLUMBIA RD, BOISE, 10 83706 (208) 383-4000 -4,400,000 ($90,200,0001 COMMON STOCK. (FILE 3a-21983 - MAY. 18) (8R. 31

S-8 INTEGRATED CIRCUITS INC, 10301 WILLO.S RO, PO BOX 97005, RECMOND, WA 98073 C20t) 882-3100 - 330,000 (SI,402,500) COMMCN STOCK. (FILE 33-21981 - MAY. 20) (8R. 3)

S-l TECH CATA CORP, 5777 MYERLAKE CIRCLE, CLEARWATER, FL 34620 (813) 539-7429 (FILE33-219S1 - MAY. 2el (8R. IG)

S-l STATE 0 MAINE INC, 10 W 33RD ST, NEk YORK, NY 10001 (212' 244-1111 - 1,380,000($24,322,5001 COMMO~ STOCK. (fiLE 33-21998 - MAY. 20) (8R. 8)

5-8 INTERPU8LIC GROUP Of ceMPANIES INC, 1271 A~E OF THE AMERICAS, NEW YORK, NY 10020 (212) 39S-8000 - 30C,000 (5~,131,25C) COMMCN STOCK. (FILE 33-2200B - HAY. 23) (BR. 5)

5-3 FREEPORT MCMORAN INC, 161S POYORAS ST, NEW ORLEANS, LA 10112 (504) 582-4000 -300,000,000 (5]00,Oeo,000) CONVERTIBLE DESENTLRES AND NOTES. (FILE 33-22009 - MAY. 231 CBR. 11

S-6 uNCOMMON VALUES UNIT TRUST 1988 SERIES, T.C WORLD TRACE C~TR - I04TH FL~. CIO SHEARSON LEtMAN HUTTON INC, NEW YORK, NY 10048 - INDEFINITE SHARES. DEPOSITOR: SHEARSON LEtHAN hUTTON INC. (FILE 33-22013 - MAY. 19) (BR. 18 - NEW ISSUE)

S-J BALTIMORE GAS & ELECTRIC CO, GAS & ELECTRIC BLDG, CHARLES CTR, BALTIMORE, MD 21201 (301) 234-5811 - 21S,919 ($6,186,4981 COMMeN STOCK. CFILE 33-22014 - MAY. 23) CBR. 7)

5-4 LINCOLN fINANCIAL CORP, 116 E BERRY SI, FORT WAYNE, IN 46802 (219' 461-6000 -358,138 (S8,058,105. COMMON STOCK. (FILE 33-22015 - MAY. 23) (SR. 2.

S-8 AYDIN CORP, 700 DRESHER RO, HORSHAM, PA 19044 (215) 651-7510 - 45,000 ($902,1001COMMON STOCK. (FILE 3~-22016 - MAY. 2J' (SR. 1)

S-8 CONCEPT INC, 12107 US HGWY 19 SOUTH, CLEARkATER, FL 34624 (813) 536-2191 - 500,000($6,431,50CI COMMON STCCK. (FILE 33-2201E - MAY. 23) (SR. 8)

NEWS DIGBST, May 31, 1988 3

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S-6 INSUREC TAX FQEE INCOME TRUST SERJES 51 NATIONAL SERIES 51. 201 PROGRESS PKWY,C/O UNlseN I~VEST~E~T TRUSTS LTD, MARYLAND HEIGHTS. HO 63043 - 1,000 (Sl,OOO,OOO)UNIT INVESTMENT TRUST. DEPOSITOR: UNISON IN~ESTMENT TRUSTS lTC. (fllF.33-22020 -"AY. 23) (BR. 11 - Ne~ ISSUE)

S-b INSURED TAX FREE INCOME TRUST SERIES 52 NATIONAL SERIES 52, 201 PROGRESS PKWY.CIC UNIS~N lNVE~STMENT TRUSTS LTD, MARYLAND HEIGHTS, Me 63043 - 1,000 (Sl,OOO,ooo.INtEFINITE ShARES. (FILE 33-22021 - MAY. 23) (BR. 11 - NEW ISSUEI

5-1 TRANSfORM LOGIC CORP, 8502 E VIA DE VENTURA, SCOTTSDALE, AZ 85258 (6021 948-2600 -l,431,11t (S758,333) PREFERRED STOCK. 925,588 (SI,500,000) PREFERRED STOCK. (fiLE33-22027 - MAY. 20) (8R. 91

5-4 fIRST COMMERCIAL 8A~CSHARES INC, 200 ~ 18TH ST, JASPAR, AL 35501 (205' 221-3121 -202.140 (S3,743,632.80) COMMON STOCK. (FILE 33-22028 - HAY. 20. (8R. 2)

5-1 GAlLA'hER ARTHUR J , CO, 10 GOULD CIR, GOLF RD, ROLLING MEADOWS, IL 60008(3121 64C-8500 - 150,OCO (SI2,562,5CCI CDMMON STOCK. (FILE 33-22029 - HAY. 20'UlR. 91

S-8 BEEHIVE INTERNATIONAL, 4910 AMELIA EARHART DR, SALT LAKE CITY, UT 84116 C8011 355-6000 - 2,325,000 (S813,15CI COMMeN SlaCK. (FILE 33-22030 - MAY. 201 (8R. 101

S-8 HEALT~SOUT~ REhA81LITATION CORP, TWO PERIMETER PARK S, BIRMINGHAM, At 3S2~3 (2051 961-1116 - 200,000 (S2,125,OOCI COMMeN STOCK. (FILE 33-22031 - MAY. 20. (BR. 61

S-8 CONSUMERS ~ATER CO, THREE CANAL PLZ, PORTLAND, ME 04112 (207) 713-6438 - 150,000($2,550,COO' COMMCN STOCK. (FILE 33-22032 - MAY. 20) (8R. 8)

S-8 FIRST ILLINOIS CORP, 800 DAVIS ST, EVANSTON, IL 60204 (312' 866-6000 - 1,937,163(S20,824,502.25) C~MMOh STOCK. (FILE 33-22033 - MAY. 2o, (8R. 2)

5-3 COLONIAL GAS co. 40 MARKET ST, Lo~eLL, MA 01853 1617. 458-3171 - 200,000(S3.900,OOO) COMMON STOCK. (fiLE 33-22053 - MAY. 20) (BR. 7)

S-l JACKSCH BANK FeR COOPERATIVES, 1800 E COUNTY LINE RO, RIDGELAND, MS 39157(6011 951-~000 - ~co,OOO,ooo (S20e,Coo,000, EQUIPMENT TRUST CERTIFICATES. (fILE33-22056 - MAY. 20) (BR. 121

N-1A SCUOtER MUTUAL FUNDS INC, 175 FEDERAL ST, BOSTCN, MA 02110 (617' 951-1848 -INCEFINITE ShARES. UNDERWRITER: SCUDDER FLND DISTRI8UTORS I~C. (FILE 33-22059 -I'4AY.19) UR. 18 - Ne~ ISSUEI

S-4 PLACER DOME INC, IBM TORER TORONTO DOMINION CTR, 8DX 350 STE 3500,TORCNTO tNTARIO C.NADA M5K IN3, A6 (416' 868-6060 - 7,488,144 (S~,517,8181CeHMaN STOCK. (FILE 33-220EO - I'4AY.23) C8R. 11

S-8 IMC fERTILIZER GROUP INC, 2315 SANOERS RD, NORTH8ROOK, U. 60062 13121 564-8600-500,000 (SI4,500) UNIT INVESTMENT TRUST. (FILE 33-22019 - MAY. 23) (BR. 13)

S-8 IMC fERTILIZER GROUP INC, 2315 SANDERS RD, NORTH8ROOK, IL 60062 (3121 564-8600 -1.000,000 (S29,OOC,OOO) COMMON STOCK. (FILE 33-22080 - MAY. 23) (8R. 131

ACQUlsmONS OF SECURITIES

Companies and individuals must report to the commission within ten days on Schedule 13D if after the acquisition of equity securities of a public co.pany their benefi-cial interest therein exceeds five percent. Per.sons eligible to use the short for. (Schedule 13G) may in lieu of filing a Schedule 13D file a Schedule 13G within 4S days after the end of the calendar year in which the person bec..e subject to Section 13(d)(1). Ca.panies and individuals making a tender offer must have·on file at the time the tender offer ca.mences a Schedule 14D-1.

Below is a list of recent filings of Schedules 13D and 14D·,which includes the following infor.ationf Column 1 - the company purchased (top), and the na.e of the purchaser, Coluan 2 - the type of security purchased, Column 3 - the type of fora filed, Column f - the date the transaction occurred, Coluan 5 - the current nu.ber of shares (in 000'.) owned (top) and the current percent owned, Column 6 - the CUSIP nu.ber (top) and the prior percent owned, and Column 7 - the status of the filing, l.e., new. update or revision;

4 HBWS DIGBST, May 31. 1988

EVENT 'S:HPS(I)O(l}/ cu:n~'/ ~lLIN"

FOPM rlATE \Ql.lt"<EII F'F.·IOF.'~~ :;.1"'1,)';;

AIM TELS INC COM 825 00142310 SAP'':;ENT IC CO 15.5 0.0 ~EWELECT,.. 13D

AMAX IrK COM I) 02312710 CHEVRDr"iCOF?P 13D 0.0 15.7 UPDATE

AMERICAN PEP FANCORP COM 79 02924310 EAI<JN ELDON R 13D 5.6 5.0 UPDATE

AMERICAN REP llANCORP COM 225 02924310 HUNTER ItlILBURRAY ET AL 15.9 5.4 UPDATE

AMERICAN PEP llANCORP COM 248 02924::1 (IJONES PO!lERT L 13Ir 17.6 7.1 UPDATE

AMEF.'TCAN PEP BANCO,",P COM 265 02924310 0" ER'y'ANFRANK E 18.7 8.3 UPDATE

FlQURS'CIENCE$'INTl INC COM 2,67:2: 1):;:;::''''':'-01 (JLOME EIII..IAP['AL 31.3 16.1 UPDATEET 13Ir

!lFS BANCORP INC COM 14105541)410GOULD INVESTOF'S'sr AL 9.8 0.0 NEW

F:PHINEP COS: INe COM b290 10717410 P."~ENNERGERTRUDE P ET AL 13ft 74.4 0.0 NEW

CAJ;;'OL pup,:; COM b277 14425::;10'('r~ FEAN LTtl FLUHf/OPN PAUL 13Ir 26.5 (1.0 NEW

CAROLYN BEAN PUBG LTD COM 1,000 14425310 JESSELSON LUIrIolIG AL 22.8 0.1) NEWET 13D

CIRCLE EXPRESS INC COM 907 17256210 BRIGHT MERLE E ET AL 13D 5/11/88 19.6 0.0 NEW

CLIFF ENGLE LTD COM NEW 314 18690120 S:HANNON FPANk ET AL 13D 10.9 0.0 NEW

COLUM!lIA MGMT CO COM 481 1977':.0610 ALTEPNATIVE HEALTH CAf<'E 13D 48.1 4a.l ~PD~TE

COMSTOCK RES INC COM 3,021 20576:::1I)

E"'ING OIL INC 13D 44.5 51.1 UPDATE

DPX INC COM NElti 1, 097 23399:2:1(IHINKS ANNETTE l ET Al 13I1 8.2 0.0 NEw

nATA I 0 CORP COM 66 23769010 ME ISS PECK :$. GJ;;'ffl" AL 0.7 5.6 uPDATEET 13D

DEPOSIT ;;TY COPP COM 416 2495'::,':,10HOD II ~IAF'RENA ) 13D 5.3 0.0 NEW

DUCOMMUN INC DEL COM 586 26414710SOUTHERN LI FEa·HEALTH HE ET AL 13D 17.7 15.1 UPDATE

I'VANS-ENCORP COM 1.266 26745710 DALFDPT CDPP ET AL 24.5 24.5 uPDATE

FIRST COl'lLBANCoRP COM 400 31990010 COMMONIoIEALTH HLDG I:'K 13D 10.5 0.0 RVSION

GUARANTY NATL CORP COM 6.155 40119010 ORION CAP COPP ET Al 13D 49.7 51.4 UPDATE

HEALTHCApE COMPARE CORP COM 490 42192810BRUNNER DANIEL 13D 11.6 0.0 NEW

-NEWS DIGBST, Kay 31, 1988 5

Q

ACQOISITIONS REPORTS CONT.

LEWIS PALME~ CRANE CO

G INC COM -..13D 5/24/88

1,01927.0

52800310 27.0 NEt"

LEX INGTON G~OUP INC HA~RIS CHARLES E ET AL

COM 13D 5/ 9/88

1,57515.3

52891510 16.1 UPDATE

MATTEL INC !..'APBUPGPItieusASSOC

COM ET AL 13D 5/19/88

9,86420.7

5770811 0 18.6 UPDATE

MEDICAL PPTYS INC COM 0 58499210 MAPSHALL JOHN B ET AL 13D !,;/11/88 0.0 0.0 NEW

MEDICAL PPTYS ItiC COM 190 58499210 NliMED INC 13D 5/11/88 8.0 7.8 UPDATE

MUPRAY OHIO MFG CO COM 34 62715110 AB ELECTPOLUX ET AL 14D-l 5/24/88 0.9 0.0 NEw

OPION PICTURES CORP METPOMEDIA INC ET AL

COM 13D 5/20/88

8,78850.9

68628510 50.1 UPDATE

OPrON PICTURES COPP NATIONAL AMUSEMENTS

COM INC ET AL 13D 5/20/88

5,53232.0

68628510 31.1 UPDATE

PACE MEMBEPSHIP WHSE INC COM 714 69391210 PR ICE T POI..'EASSOC INC ET AL 13D 5/12/88 5.6 6.8 UPDA1E

PACIFIC ENTERPRISES PAY N SAVE STORES ET AL

COM 13D 5/12/88

~,2058.8

69423210 0.0 NEW

PAYLESS CASHWAYS EDELMAN ASHER

INC B. ET AL

COM 13D 5/1SV88

3,0279.0

70437810 7.6 UPDATE

PETROMAPK BRIGGS

PESOURCES JOHN P

CO COM NEW 13D 5/13/88

10,49470.0

71672920 30.0 UPDATE

PETPOI'IAJ<o1<~ESOUPr.:ESCO GODSEY BRIGGS INVMNT

COM NEw 13D 5/13·~88

10,33468.9

71672920 0.0 NEW

PETROMARK GODSEY

RESOURCES DWAYNE E

CO COM NEW 13D 5-'13/88

10,33468.9

71672920 40.8 UPDATE

PHOTRONICS CORP COM 411 71940610 DIAGNOSTIC/RETPIEVAL SYSTEM 13D 5/13/88 16.7 0.0 NEW

PHOTJ<oONICS:CORP COM ·273 71940610 MCGOVERN JOHN H ET AL 13D '5/13/88 12.8 0.0 NEw

POP RADIC CORP HERITAGE MEDIA COPP

COM 13D 5/11/88

1. 019 35.1

73281710 0.0 NEW

PROVIDENT BANCORP LINDNEP CARL H

INC COM PAR $6 13D 4/27/88

1,73933.4

74383420 31.5 UPDATE

R T E CORP GAMCO INVESTORS

COM INC ET AL 13D 5/12/88

535 7.5

74973810 0.0 NEw

PE CAP CORP COM 430 75490410 KORSANT PHILIP B ET AL 13D 5/1 0~'8a 5.7 7.0 UPDATE

SCHERER R P CORP COM 906 80652710 FINK KARLA SCHERER ET AL 13D 5/20/88 10.0 8.8 UPDATE

SOTHEBYS HOLDINGS LARSON P.OBERT C

COM CL A 13D 5/13/88

6 0.1

83589810 0.0 tiEW

SOTHEBYS HOLDINGS MIPO JEFFREY H

COM CL A 13D '5/13/88

0 N/A

83589810 0.0 NEW

6 OWS DIGEST, May 31, 1988

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ACQUISITIONS REPORTS CONT.

SOTHEBYS: HOLDINGS: COM CL A 1 83589810 TAUBMAN ROBEPT S 13Il "

, 5.... 88 N/A 0.013 .... NEW

SOUTHLAND FINL CO,.,p COM 5,949 :=:4444710 CARPENTEP BEN H ET AL 13D 5/12/;38 :35.5 17.7 UPDATE

STANt.JOOD CO"'P COM 500 85486710 DELTA 1.•100D<:IDE IND Drl 5d3/88 :32. (I o. I) NEt•.!

SUN MICPOSYSTEMS INC COM 2,488 86681010 AMEPICAN TEL CO 5.... .. 6.1'7-" ;;.~' TELEG BIt 20/88 ~ UPDATE

TI DEt.IATEP INC COM 1,153 88642310 INDUS:TP IAL EOUITV LTD ET AL 13Il 5/12/88 5.2 O. I) tiEt.1

"'OLF FINANCIAL GROUP COM 500 '37771610 DELL JOHN EDI,JA,.'D 13D 5/12/88 '3.0 O. (I NEW

t.IOLFFINANCIAL GROUP COM 500 97771610 SHERI,IOOD GPOUP INC 13D 5d2/88 9.0 0.0 NEW

_CENT II( 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. Acqui~ition or Disposition of Assets.Item 3. Bankruptcy or Receivership.Item 4. Changes in Registrant's Certifying ~ccountant.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, respondin9 to the iteme s) of the form specified. Copies of the reports may be purchased from the Commission's pub~icReference Room (when orderin9, please 9ive the date of the report). An involce will be included with the requested material when mailed.

STATE 81< ITEM NO. N,.Mf CF ISSlJER CODE 1 2 3 <\ S 6 1 DATE COMMENT

ERlY INDUSTRIES INC CA X 01l2t;/87 AMENt UHUN CORP CA X X X 05/17188FASTeOMM COMMUNICATIONS CORP VA X 05/09/88FI~ST AMERICA~ BANCS~ARES INC TX X X X 03/10/88fiRST IllJNCIS CCAP DE X X 05/16/88fiRST JERMYN CORP PA X X 03/11188fIRST lIBERTY FINANCIAL CORP GA X X 05121188 AMEND fIRST NATIONAL BANK Of CHICAGO IUSAI X X 05109/88fLUOROCARBON CO CA X 02129188 ,.MENtfOUR CORP DE X 04/15/88 AMiNe fRESNO BANCORP CA NO ITEMS 05/C:6188 'MENC FUCCRUCKERS INC TX X 03/17/88 AMENt FULTON fINANCIAL CORP PA X 05/11188fUTURESAT INDUSTRIES INC NJ X X 04/25/88GlENMORE CISTllLERIES CO DE X 03/0<\/88 AMENt 'HI ~UP INC 10EI DE X 04125188 AMENC GClIlEN Oil CO CO X X 05118118 GRAY COMMUNICATIONS CORP 'A X 05/06/88GREASE HONKEY HOLDING CORP UT X 02/11/88 AMEND GRfENMAN BROTHERS INC NY X X 05/06/88GRCSSMANS INC DE X 04/29/88hARLEY DAVIDSON INC DE X X 05/10188

NEWS DIGEST, May 31, 1988

> m-

7

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RECENT 8K FILINGS CONT.

STATE 9K irE,.. ~G. :~/l/'E Cf- JSSLH -:;UIlE 1 234 5 b 1 DATE ('GMMENT

--._- .. --~f'LTt MANAGEMENT ASSOCIATES INC .... X 03/01188 "'ENCHfALTt. TECt.NOLOGIES INC DE X X 02125188 .MENG HEhRY JACK' ASSOCIATES INC MO NO ITEMS 03/31/88 .MENO HOMAC INC DE X 03/01/88 AMENC HOCKER ENTERPRISES INC TN X 0~128/88HUNTER ENVIRONMENTAL SERVICES INC DE X X 02123188 AMEND 1"''''0CO 10 X 0~/15/88 1M' GRAPHICS INC DE X X X X 05/10/88INTERNATIONAL CONTROLS CORP fL X X 05/11188INTERNATIONAL LE.SE fiNANCE CORP C' X X 05/11/88INTERhATICNAL PROTEINS CORP NY X 02119/88 AMENC lAVING BAtiK CORP NY X X 05/19/88ITRONICS INC TX X X X X X X 05/01188JOhNSON ELECTRONICS INC fL X 05/01/88JOhNSTOWN CONSOLIDATED INCOME PARTNE~S CA X X 05/05188JOhNSTOWN CONSOLIDATED INCOME PARTNERS 2 CA X X 05/05/88JONES SPACELINK LTD CO X 02129/88 .MEND KING INTERNATIONAL CORP CA X 09/01181 AMEND LAURCiE INC DE X X 05/11188L'fAVETTE BANtoRP INC CT X 0~/1l/88LARSON DAVIS INC UT X OJ/G~188 AMENe LEhMAN T t! , to INt NY X X X 0~/30181LEVER.GE GROUP INC CO X M/GlI88MANAGEMENT TECHNOLOGIES INC NY X 05/11118MANUfACTURED hOMES INC NC X 0~1l8/88 .MENIl M.RTIN MARIETTA CDRP MD X X 05/12188

8 HBWS DIGBST, May 31, 1988