,~~C news digest (SEC Docket, Vol. 16, No.5 - June 21) June 9, 1977

COMMISSION ANNOUNCEMENTS

CONDUCT REGULATIONS CONCERNING PAST AND PRESENT MEMBERS AND EMPLOYEES OF COMMISSION AMENDED

The Commission announced the adoption, effective upon publication in the Federal Register, of amendments of its Regulation Concerning Conduct of Members and Employees and Former Members and Employees of the Commission, 17 CFR Part 200, Subpart M. These amendments are designed to preclude potential conflict of interest situations by pre- scribing the conditions under which Commission members and employees may accept reim- bursement for travel or subsistence expenses from nongovernmental sources and by establishing limitations on the acceptance of honoraria or similar fees and payments. The Commission will reevaluate the amendments after approximately six months in light of its experience with the new requirements. Pub11c comments will be considered during the reevaluation. Comments concerning these amendments should be submitted in tripli- cate to George A. Fitzsimmons, Secretary, Securities and Exchange Commission, Washing- ton, D.C. 20549. All such communications should refer to File No. S7-704 and will be available for public inspection in Room 6101, 1100 L Street, N.W., Washington, D.C. (ReI. 33-5832)

INTERNATIONAL RESEARCH & MANAGEMENT CORP., RICHARD D • BRAVERMAN BARRED

Administrative Law Judge Irving Sommer has filed an initial decision revoking the registration of International Research & Management Corp. (IRM) as an investment adviser under Section 203(e) of the Investment Advisers Act and barring Richard D. Braverman from association with an investment adviser under Section 203(f) of the Advisers Act.

The sanctions imposed in the public interest were based, inter alia, upon findings that IRM and Richard D. Braverman unlawfully and wilfully converted the funds of a regis- tered investment company in violation of Section 37 of the Investment Company Act, and that both respondents had engaged in fraudulent practices in converting said funds in violation of Sections 206(1) and (2) of the Investment Advisers Act. In addition, both respondents were found to have violated Section 207 of the Advisers Act in that they filed a false and misleading registration statement.

The decision is subject to review by the Commission on its own motion or on petition of a party.

COURT ENFORCEMENT ACTIONS

INTERNATIONAL TRADE DEVELOPMENT OF COSTA RICA, S.A., OTHERS ENJOINED

The Chicago Regional Office, the Atlanta Regional Office, and the Miami Branch Office announced that the Honorable Norman C. Roettger, Jr. entered final judgments of perma- nent injunction by consent against Robert Winston Slocum, Donald L. Gordon, Francis S. Casey, David W. Barrell, George J. Hamberg, Robert J. Meiners, and Michael J. Meiners and by default against International Trade Development of Costa Rica, S.A. The injunctions were issued in connection with the fraudulent sale of 90-day notes. The defendants were enjoined from further violations of the securities laws. The Court further enjoined the defendants from destruction of I.T.D. ~e?Drds, and ordered that they account for all funds received from investor~. In add1t1on, Slocum an~ ~.T~D. were ordered to disgorge all funds received from 1nvestors. (U.S. v. E.M. M1ke Riebold, et al., U.S.D.C., District of New Mexico, Criminal No. 74-353). (LR-7957)

E.M. "MIKE" RIEBOLD AND DONALD MORGAN CONVICTIONS UPHELD

The Denver Regional Office announced that on May 25 the U.S. Court of Appeals for the Tenth Circuit affirmed the convictions of E.M."Mike" Riebold and Donald Morgan, both of the Albuquerque, New Mexico area, of violations of the antifraud provisions of the securities laws, misapplication of bank funds, wire fraud, mail fraud, interstate transportation of stolen property and false statements to the Securities and Exchange Commission made in a registration statement. (U.S. v. E.M. "Mike" Riebold, et al., USDC, District of New Mexico, Criminal No. 74-353). (LR-7958J INVENTIVE INDUSTRIES, INC., OTHERS ENJOINED The Fort Worth Regional Office and Houston Branch Office announced that on May 25 the Federal District Court at Houston, Texas entered an order of permanent injunction by consent against Inventive Industries, Inc., I*Securities, Inc., Ronald H. Richter and Samuel H. Simkin, and eleven general partnerships including Zipcor Development Company, TRD Limited, I*Carb Partnership, I*Screen 1975 Partnership, I*Screen 1976 Partnership, I*Center, Ltd II, I*Med I, I*Med II, I*Med III, I*Med IV, and I*Med V, all of Houston, Texas. The defendants, all of whom consented to the entry of the order without admit- ting or denying the allegations in the Commission's complaint, were enjoined from further violations of the registration and antifraud provisions of the securities laws. Houston attorney Thomas S. Lucksinger, Houston Natural Gas Building, Houston, was appointed by the Court as independent director for Inventive Industries, Inc., I*Securities, Inc., a registered broker-dealer, and the 11 general partnerships. (SEC v. Inventive Industries, Inc., et al., S.D. Tex., Houston, Civil Action No. H-77-742). (LR-7959) FALSTAFF BREWING CORP. POSTPONES ANNUAL SHAREHOLDERS MEETING UNTIL COURT DECISION The SEC announced that it had reached an agreement with Falstaff Brewing Corporation (Falstaff) whereby Falstaff would postpone its annual shareholders meeting scheduled for June 7 until such time as the District Court decides on the Commission's request for a preliminary injunction against Falstaff and an injunction against the meeting. This agreement was embodied in a stipulation between the parties and was ordered by Judge Howard Corcoran of the District Court for the District of Columbia. The Com- mission filed on May 25 a civil injunctive action in the District Court against Falstaff and Paul Kalmanovitz, chairman of the Falstaff board of directors. Two mem- bers of Falstaff's former management who were named in the complaint consented to the entry of an injunction enjoining them from violations of the securities laws without admitting or denying the charges in the Commission's complaint. (SEC v. Falstaff Brewing Corp., et al., D.D.C., Civil Action No. 77-0894). (LR-7960) UNITED STATES LINES, INC. ENJOINED The SEC announced the filing of a complaint in the U.s. District Court for the Southern District of New York against United States Lines, Inc. (USL). The Commission also announced that the Court entered a judgment of permanent injunc- tion restraining and enjoining USL from further violations of the antifraud and report- ing provisions of the Securities Exchange Act of 1934. USL consented to the entry of the Court's judgment and order without admitting or denying the allegations in the Commission's complaint. USL is primarily in the business of providing for hire trans- portation by seagoing vessels for the products of other companies. USL is a wholly owned subsidiary of Walter Kidde & Company, a corporation with its principal place of business in Clifton, New Jersey. USL does not file periodic reports with the Commis- sion. The Commission's complaint alleges various violations of the antifraud provisions of the securities laws in connection with the making of substantial improper and illegal payments totalling in excess of $2.5 million, including illegal rebates to shippers and improper payments to governmental officials, false and fictitious entries in the corporate books and records of USL and the maintenance of certain funds not reflected in the corporate books of USL. In addition to the entry of the order of permanent injunction against USL, USL was also enjoined from: (1) using or aiding and abetting the use of corporate funds of USL or its subsidiaries for any unlawful rebates for transportation of property to any shipper, shipbroker or organization or similar unlawful purpose~ (2) using or aiding and abetting the use of corporate funds of USL or its subsidiaries for any unlawful contributions to any candidate, political party, organization, or any person on behalf of such candidate, party or organization, or similar unlawful purposes~ and (3) making or causing to be made any materially fictitious entries in the books and records of USL or its subsidiaries or establishing, maintaining or causing to be established or maintained any unrecorded fund of corporate monies or other assets, or making or causing to be made any payment or disbursements thereof. (SEC v. United States Lines, Inc., U.S.D.C. S.D.N.Y., Civil Action No. 77-2746). (LR-7961)

2 NEWS DIGEST, June 9, 1917 INVESTMENT COMPANY ACT RELEASES

THE TRAVELERS INSURANCE COMPANY

An order has been issued on an application of The Travelers Insurance Company (The Travelers), a Connecticut stock insurance company, The Travelers Fund A for Variable Annuities and The Travelers Fund A-I for variable Annuities, separate accounts of The Travelers registered under the Investment Company Act of 1940 as open-end diver- sified management investment companies (hereinafter collectively referred to as Applicants), pursuant to Section 6(c) of the Act granting exemption from Sections 22(e), 27(c)(l) and 27(d) to the extent necessary to permit compliance by Applicants with certain provisions of the Education Code of the State of Texas as it would apply to payments made on variable annuity contracts subsequent to the date of the order. (ReI. IC-9806 - June 7)

INVESTORS MUTUAL

An order has been issued on an application of Investors Mutual Inc., Investors Stock Fund, Inc., Investors Variable Payment Fund, Inc., Investors Selective Fund, Inc., IDS New Dimensions Fund, Inc., IDS Progressive Fund, Inc., IDS Bond Fund, Inc., and IDS Cash Management Fund, Inc., registered open-end management investment companies, and Investors Diversified Services, Inc., each Fund's investment adviser and principal underwriter pursuant to Section ll(a) of the Act permitting certain proposed transfers among the Funds on a basis other than their respective net asset value per share at the time of transfer, and pursuant to Section 6(c) of the Act exempting such transfers from the provisions of Section 22(d) of the Act and Rule 22d-l thereunder. (ReI. IC-9807 - June 7)

HOLDING COMPANY ACT RELEASES

CONNECTICUT YANKEE ATOMIC POWER COMPANY

A notice has been issued giving interested persons until July 1 to request a hearing on a proposal of Connecticut Yankee Atomic Power company, suDsidlary of Northeast Utilities and New England Electric System, whereby Connecticut Yankee will issue and sell from time to time through June 30, 1978, notes to banks and commercial paper to a dealer in commercial paper in a maximum aggregate principal amount of $20 million at anyone time outstanding. The proceeds of the sales will be used to repay outstand- ing snort-term debt, to provide funds for construction and to provide a portion of the funds required for the purchase of nuclear fuel. (ReI. 35-20066 - June 7)

SELF·REGULATORY ORGANIZATIONS

APPROVAL OF PROPOSED RULE CHANGE

The CollDllissionhas approved a proposed rule change filed by the Midwest Stock Exchange, Inc. The rule change (SR-M5E-77-8) rescinds the requirement that certain advertisements of members be filed with the exchange promptly after initial use, unless previously cleared with another self-regulatory organization. (ReI. 34-13604)

NOTICE OF PROPOSED RULE CHANGE The Midwest Stock Exchange, Incorporated has filed a set of proposed rule changes under Rule 19b-4 (SR-M5E-77-15) to remove certain restrictio~ upon member and.~mber organization affiliations and ease restraints upon some outs~de employment act~v~ties of member organization employees. Publication of the proposal is expected to be made in the Federal Register during the week of June 13. (ReI. 34-13606)

SECURITIES ACT REGISTRATIONS

(S-7) NICOLET INSTRUMENT CORPORATION 5225 Verona Rd., Madison, Wis. 53711 - 385,000 shares of common stock, to be of~ered for sale through underwriters headed by Piper, Jaffray & Hopwood Inc., 800.Mult~foods Bldg., Minneapolis, Minn. Nicolet designs, ma~ufactur~s and mark~ts a var~ety of electronic instruments for measurement, analys~s and d~splay. (F~le 2-59068 - May 20)

3 NEWS DIGEST, June 9, 1977 (S-l) THE VAUDCO 1650 Broadway, Suite 501, New York, N.Y. 10019 - $800,000 of limited partnership interests, to be offered for sale in units, each unit being entitled to one percent of any net profits of the partnership and being offered for a price of $16,000 per unit by Edgar Lansbury, Joseph Beruh and Ellanby Theatre, Inc. of 1650 Broadway, Suite 501, New York, N.Y. 10019, the producers and general partners on behalf of the partnership. The partnership has been formed to produce a dramatico-musical play entitled "THE LAST GREAT AMERICAN VAUDEVILLE SHOW". (File 2-59118 - May 26)

(S-16) THE COCA-COLA COMPANY 310 North Avenue, N.W., Atlanta, Ga. 30313 - 1,000,000 shares of common stock, being offered for sale by a selling stockholder through Goldman, Sachs & co. as exclusive broker. The company is engaged principally in the manufacture and sale of beverages, including soft drink syrups and concentrates and the processing and sale of coffee, tea, frozen concentrated orange, lemon and lime juices and ades. (File 2-59179 - June 2)

(S-l) BANCORPORATION OF WISCONSIN, INC.

6130 West National Ave., West Allis, Wis. 53214 - 364,002 shares of common stock. It is proposed to offer these shares in exchange for the outstanding common shares of West Allis State Bank, West Allis, Wis. and Southwest Bank, New Berlin, Wis., on the basis of one share for each outstanding share of each of the two banks. Bancorpora- tion is a newly formed bank holding company, which will control these two banks upon successful completion of the exchange offer. (File 2-59193 - June 3)

(S-16) COLLINS & AIKMAN CORPORATION

210 Madison Ave., New York, N.Y. 10016 - 440,000 shares of outstanding common stock, which may be offered for sale from time to time by certain stockholders who either were stockholders of Mastercraft COrporation at the time of its acquisition or are relatives of such former Mastercraft stockholders. Collins & Aikman COrporation and its subsidiaries manufacture and sell a wide variety of textile and related products. (File 2-59196 - June 3)

(S-16) TELECOM CORPORATION

2424 Houston Natural Gas Bldg., 1200 Travis St., Houston, Tex. 77002 - 47,961 shares of common stock, consisting of (I) 7,961 shares issuable upon exercise of Series A warrants at a purchase price of $3.86 per share and (2) 40,000 shares presently held by a "selling stockholder", which may be offered for sale from time to time at prices current at the time of sale. No underwriters will be involved. TeleCOm Corporation is a holding company with subsidiaries engaged in trucking, investments, manufacturing and wholesale distribution. (File 2-59198 - June 3)

(S-7) SOUTHERN CALIFORNIA EDISON COMPANY

P.O. Box 800, Rosemead, Cal. 91770 - $125 million of first and refunding mortgage bonds, Series HH, due 2002, and $75 million of first and refunding mortgage bonds, Series II, due 1984. Both of the Series of bonds will be offered at competitive bidding. The company is a privately held public utility which supplies electric energy. (File 2-59199 - June 6)

(S-7) RESERVE OIL AND GAS COMPANY

550 South Flower St., Los Angeles, Cal. 90071 - 1,731,645 shares of common stock and 215,688 Class A stock purchase warrants. The common stock is reserved for issuance upon exercise of certain employee stock options and Class A and Class B stock purchase warrants. The Class A stock purchase warrants may be offered for sale (or pledged) from time to time by certain holders thereof at prices current at the time of sale. Reserve and its subsidiaries are primarily engaged in oil and gas operations, including exploration, development, refining, transportation and marketing. (File 2-59201 - June 6)

(S-14) UNIFIED FUNDS, INC.

Guaranty Bldg., Indianapolis, Ind. 46204 - 104,108 shares of common stock. It is pro- posed to offer the shares in a 25-to-l reverse stock split and an exchange of the shares of common stock for Unified's issued and outstanding face-amount certificates. The com- pany is an Indiana face-amount certificate company. (File 2-59206 - June 6)

4 NEWS DIGEST, June 9, 1977 (S-7) ASSOCIATES CORPORATION OF NORl'HAMERICA

1 Gulf & Western Plaza, New York, N.Y. 10023 - $75 million of senior notes maturing at holder's option ~nnually on August 1 commencing in 1982 and due 1992, to be offered for.sa17 by underwr~ters led by Kidder, Peabody & Co. Inc. The company is engaged pri- mar~ly an the consumer and commercial finance business. (File 2-59208 - .tune 7)

(S-l) UT CREDIT CORPORATION

united Technologies Bldg., Hartford, Conn. 06101 - $75 million of Series B sinking fund notes, due 2002, to be offered for sale through underwriters headed by Goldman, Sachs & Co., 55 Broad St., New York, N.Y. 10004. UT Credit Corporation, a wholly- owned subsidiary of United Technologies Corporat~on, is engaged in the business of financing the purchase of products of United Technolog~es Corporation and its subsi- diaries and of products of others which incorporate such products. (File 2-59210 - June 7)

(S-B) EUROPEAN ECONOMIC COMMUNITY

200, Rue de la Loi, Brussels, Belgium - $100 million of notes, due 1982, to be offered for sale through underwriters headed by Morgan Stanley & Co. Inc., 1251 Avenue of the Americas, New York, N.Y. The Community was established as a sovereign governmental entity by the Treaty of Rome effective January 1, 1958, and has as member states Belgium, the Federal Republic of Germany, France, Italy, Luxembourg, The Netherlands, Denmark, Ireland and the United Kingdom. The Community was established for the pur- pose of promoting the harmonious development of economic activ~ties, continuous and balanced expansion, increased stability and an improved standard of living within, and closer relations between, its member states. (File 2-59211 - June 7)

(S-14) INVESroRS INSURANCE HOLDING CORP.

100 Eisenhower Dr., Paramus, N.J. 07652 - 777,991 shares of common stock. It is pro- posed to offer these shares in exchange for the outstanding shares of common stock of Investors Insurance Company of America, on a share for share basis. Investors Insur- ance Holding Corp. is a newly organized corporation, incorporated for the purpose of serving as an insurance holding company. (File 2-59214 - June 7)

SroCK PLANS FILED

The following have filed Form 5-8 registration statements with the SEC seeking regis- tration of securities to be offered pursuant to employee stock and related plans: Samuel Moore and Co., Aurora, Ohio (File 2-59137 - May 27) - 500,000 shares Lilly Industrial Coatings, Inc., Indianapolis, Ind. (File 2-59159 - May 27) - 213,281 shares Minnesota Mining and Manufacturing Co., St. Paul, Minn. (File 2-59160 - May 27) - 3,795 shares General American Oil Co. of Texas, Dallas, Tex. (File 2-59161 - May 27) - 130,000 shares Cobe Laboratories, Inc., Lakewood, ~olo. (File 7-59162 - May 31) - 50,000 shares Electro-Nite Co., Philadelphia, Pa. (File 2-59164 - May 31) - 50,000 shares Modular Computer Systems, Inc., Ft. Lauderdale, Fla. (File 2-59167 - May 31) - 150,000 shares Westinghouse Electric Corp., Pittsburgh, Pa. (File 2-59169 - June 1) - 500,000 shares Granger Associates, Menlo Park, Cal. (File 2-59170 - June 1) - 111,789 shares and (File 2-59171 - June II - 42,288 shares Waste Management, Inc., Oak Brook, Ill. (File 2-59172 - June 1) - 200,000 shares American Can Co., Greenwich, Conn. (File 2-59178 - June 2) - 76,700 shares Engraph, Inc., Charlotte, N.C. (File 2-59184 - June 3) - 120,165 shares

REGISTRATIONS EFFECTIVE June 1: Coleman Co. Inc., 2-58685~ Continental Western Industries Inc., 2-58853: HeN Drilling Partnership, 2-58329 (90 days): Industrial National Corp., 2-590~9: Iowa Electric Light' Power Co., 2-58837: May Development Stores Co., 2-58991: Nat~onal Steel Corp., 2-58555: Norris Industries Inc., 2-58865: North American Philips Corp., 2-58812: Petroleum Securities Fund, 2-57044 (90 days): Putnam Option Income Trust, 2-58869; Supron Energy Corp., 2-58958; Western Union Corp., 2-58770. June 2: Amdahl Corp., 2-58859; Beneficial Corp., 2-59031: Chart House Inc., 2-58887: Cummins Engine Co. Inc., 2-59093; Doyle Dane Bernbach Inc., 2-59001; Leesona Co~ •• 2-58843; Minnesota Power & Light Co., 2-58833; Shaklee Corp., 2-58858: UA Columb~a Cablevision Inc., 2-58316; URS Corp., 2-58796.

5 NElS D~GEST, 3une 9, 1977 REGlST~TIONS EfFECTIVE CO~. June 3: American Fletcher Corp., 2-589097 Continental Group Inc., 2-589167 Florida Gas Co., 2-590607 Felmont Oil Corp., 2-589247 High Voltage Engineering Corp., 2-589737 Lanier Business Products Inc., 2-58772 (90 days) 7 The Options Clearing Corp., 2-58915; Standard Motor Products, Inc., 2-58790; Triangle Pacific Corp., 2-58891; The Wednesday Alpha Corp., 2-53804. NOTE TO DEALERS. When applicable the 90-day period of time dealers are required to use the prospectus is noted above in parentheses after the name of the issuer. As to the other issuers, there may be no such requirement to use a prospectus, or the requirement may be for a period of only 40 days7 see Section 4(3) of the Securi- ties Act of 1933 and Rule 174 (17 CFR 230.174) thereunder.

RECENT 81 FILINGS

*/ Form 8-K is used by companies to file current reports on the following events:- Item 1. Changes in Control of Registrant. Item 2. Acquisition or Disposition of Assets. Item 3. Bankruptcy or Receivership. Item 4. Changes in Registrant's Certifying Accountant. Item 5. Other Materially Important Events. Item 6. Financial Statements and Exhibits. The companies listed below have filed 8-K reports for the date indicated and/or amend- ~ ments 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 Section (in ordering, please give the date of the report). An invoice will be included with the requested material when mailed. COMPANY ITEM NO. DATE AME~ICA~ DIVER~IFIED C()~P 5 03111 CH"YSLH C.Ol\P 5,6 05/24171 GA"'~ETT CO I~C 2,5,6 05/11171 GEt.EVE CORP 2,6 05/09171 I~PEPIAL AMERICA'" RESOURCES FUND INC 5,6 04/30111 JRMAhO INDUST~IES I~C 2,6 05/12171 PAL~ETT(O REAL ESTATE TRUST 1,2,6 08/01176 PETRO SEAFCH EXPLO~ATION & DEVELOPME"IT P 5 05171 CENTRAL ILLINOIS LIGHT CO 5 05171 DUCOMMUN INC 2.5.6 05/21t171 ECRM INC 2 05/11 FIDELITY MORTGAGE INVESTORS 5 03/31/11 GLOBAL MARINE INC 5,6 05171 GLOBE INDUSTRIES INC 5 05/11/11 IDAttO POWER CO 5 05/21t/11 INLAND CONTAINER toRP 5 05/U/11 INTERNATIONAL MINING CORP 5,6 05/18171 KIRSHNER ENTE~TAIN"ENT CORP 2 05171 LANDMARK BANCSHARES CORP 5,6 05171 MCKEE ARTHUR G , to 5 05/12171 MOLYCORP INC 1,6 05/18171 MORTGAGE GROWTH INVESTORS 5.6 05/16/11 NASCO INTERNATIONAL INC 1.5 05/09/11 NATIONAL HEALTH ENTERPRISES INC 5 05/13/11 NORTHEAST PETROLEUM INDUSTRIES INC 5 05/12/11 OKLAHOMA BRICK CORP 5,6 01t/26/11 PENT AIR INDUSTRIES INC It 05171 SPEIDEL NEWSPAPERS INC 1 05/11177 SYSCO CORP 5 05177 UNITED FINANCING toRP 1t,5,6 05/02177 VIEWLEX INC 5.6 05171 WAlGREEN CO 5,6 05/25177 WELLINGTON TECHNICAL INDUSTRIES INC 1t,6 01t/12171 ALPHA PORTLAND INDUSTRIES INC It.6 05/13171 AMERICAN CENTENNIAL CORP 1t,5.6 05/13111 AMERICAN PROPERTY INVESTORS VI 2,6 05/09171 AMERICAN TELEVISION & COMMUNICATIONS COR 5 05123/17 ASHLAND OPTICAL CORP 5,6 05/19177 BAKER INTERNATIONAL CORP 5 05127171 BANK COMPUTER NETWORK CORP It OS/25177

6 NEWS DIGEST, June 9, 1977 RECENT 8It. .fIL:Q!{GS CQN.T.

HARMONY INC IMPElL CORP 5.6 0~/77 5 0~/19111 CHICAGO NATIONAL LEAGUE BALL CLUB 1 05110111 CI P CORP 1~ 0~/11 • COLUMBIA CORP 5.6 05111 OANIEL INTERNATIONAL CORP 1 05118111 DISCOUNT FABRICS INC ~ 05/11111 DYNAPAC INC 1.5,6 05/12/11 GENERAL AIRCRAFT CORP 5 05/17 GSC ENTERPRISES INC 5 05111 GUARDIAN CORP 2,5.6 05111 HORllONS RESEARCH INC 3 05111 ISC FINANCIAL CORP 3 05/21111 LACLEDE STEEL CO 5,6 05/19111 MARGOS LAMODE INC 5,6 05/26111 MCI COMMUNICATIONS CORP 5 05/26111 MONMOUTH PARK JOCKEY CLUB 11,13 05111 • MOXON INC 1,5 05/25111 MURPHY G C CO 5 0~/04111 NATIONAL TERMINALS CORP 2,6 04/01111 PLENUM PUBLISHING CORP 5,6 05/24111 PROGRAMS & ANALYSIS INC 2,6 05/12117 QUAKER OATS CO 5 05/11111 RANDY INTERNATIONAL LTD 1 04117 • RODAC CORP ~ 0~117 SAFETRAN SYSTEMS CORP 2,6 05117 SRC LABORATORIES INC 5,6 05/11117 TIMBERLINE MINERALS INC 2,6 03/25111 UB FINANCIAL CORP 5 05/12111 USP REAL ESTATE INVESTMENT TRUST 2,14 05/17 • WILSON FREIGHT CO 5 03/03111 lOECON CORP 5 05/11117 AIR CARGO EQUIP~ENT CORP 5 05111 ALDON I~DUSTRIES INC 5 05131111 A~ERICA~ FIDELITY LIFE INSURANCE CO 5,6 04/26111 AMERICAN INVESTORS LIFE INSURANCE CO INC ~ 05/12111 BRYN MA~R CAMP RESORTS INC 11 05111 • CAMPGROUNDS INTERNATIONAL INC ~ 03111 CAPITAL FIRST CORP 5,6 0~111 CENTER FOR LABORATORY MEDICINE INC 2,6 05131111 COMMONWEALTH INDUSTRIES INC 2 05/31111 COOKYS STEAK PUBS INC 5 05/11 CRADDOCK TEPRY SHOE CORP 6 05111 • CRITERION INSURANCE CO 1 05111111 DEN TAL El INC 5 05118111 DIBRELL BROTHERS INC 5 06/01111 DIVERSIFIED REALTY FUND A NO ITEMS 02111 ECONO TPAVEL ~OTOR HOTEL CORP 2,6 05111 ELLIS BANKI~G CORP 5 05/21111 ENTEX INC 5 05111 EVEREST & JENNINGS INTERNATIONAL 5 05111 FEDERATED DEVELOP~ENT CO 5 05/05111 FUNDING SYSTEMS CORP 2,6 05/11111 FUTURE CO~MUNITIES INC 1 04/08111 GLOBAL GAS CORP 3 05111 GOVERNMENT E~PLOYEES LIFE INSURANCE CO 1 05/11111 GRAPHIC ARTS PACKAGING CORP 6,11 05111 • GUARDSMAN LEASE PLAN INC 2,6 05111 HAMPTON INDUSTRIES INC 5 05/26111 HICO CORP OF AMERICA 6 04111 • HYOROPHILICS INTERNATIONAL INC 5,6 05/13111 INTER CONTINENTAL COMPUTING INC 2,6 03111 INTERDYNE CO 2 05/23111 LOCKHEED AIRCRAFT CORP 5 05111 MANHATTAN LIFE CORP 11 05111 • MANHATTAN LIFE INSURANCE CO 11 05111 • MCCORMICK & CO INC 2 05/25111 5 05111 MCO HOLDINGS INC 05111 • MEDI INC 5,11 MEDICAL INVESTMENT CORP 5 05/21111 5 05/19/11 NATIONAL INDUSTRIES INC 06/01111 • NEWPORT GENERAL CORP 5,14 NORTHEAST BANKSHARE ASSOCIATION 4 05111 N~ DtGBST, June 9, 1977 7 $.ceNT BIt. F:o:.:mG~ CON.T. NUTR nWN W('PLD INC 1 OS/23/11 IJLD STeNE COR.P 2,6 OS/20/11 OLD STONE MO~TGAGE & PEAL TV TRUST 2 05/20/11 OPTIVISIC'f\IINC 11 05/11 • PABST BREWING CO 5,6 05111 PERTEC CO~PUTER caRP 2,6 OS/20/11 POST COPP 2,6 05/19/11 PROVIOE~CE & WOR.CESTER co 5,6 05/11 REIS ROBERT & co 5,6 05111 RENAULT WINERY INC 5 04111 • R.UCKER PHARMACAL CO INC 5,6 05/30/11 STA~OAPO COMME~CIAL TnBACCO CO INC 2,6 05/11/11 TELE CO~ EQUIP~ENT CO~P 5,6 03115/11 TELETRG~ICS I~TE~NATIONAL INC 2 05/21171 TERRYOALE REALTY TR.UST 2,6 05/19111 TEXTURED PRODUCTS INC 2 05/11 TOSCO CORP 4,6 05/18/11 UNITED STATES MINERALS & R.aVALTY CORP 5,6 05/11 * UNIVERSAL CONTAINER CO~P 2,6 iJ5/11 WELLCO ENTERPRISES INC 5 05111 • WILLNER INOUSTR.IES 5 05111 WITCO C~E~ICAL CO~P 5,6 05/26111 WRIGlFY WILLIAM JR CO 1 05/10/11 AMENDME'IITSTO REPORTS ON FORM 8-K ACME GE~ERAL CORP 2,6 03/24111 CLABIR CORP NO ITEMS 04111 GAY GIBSON INC 4 03/18117 PROfILE 8ANKSHARES INC NO ITEMS 03117 STARR BROADCASTING GROUP INC 4 05/05/17 HON INDUSTRIES INC 6 04/25117 MINER INDUSTRIES INC 13 09/16 • QONAAR CORP 4 04/71 UNIVERSITY REAL ESTATE TRUST 1 03111 LINCOLN PROPERTY PARTNERS ONE 2 10116 • MINNS L E & CO 2,14 12131116 • SOVEREIGN INDUSTRIES INC 3 03177

*/ The Form 8-K was amended (ReI. 34-13156, January 13, 1977) effective for all events which occur subsequent to February 28, 1977. Those companies above which are noted with an asterisk (*) have filed pursuant to the old Form 8-K; the captions of the item numbers under which such reports are filed are as follows:

lte .. 1. C1umges in ColJlrol of Regislrflllt Item 9. Options 10 Purchase Securities ltea 2. Acquisilion or Disposilion of Assets lrem 10. Extroonlinary items. other material charges ond credils ltea 3. Legal PtoceedilIgs and capital restatemellls ltea 4. C1umges ill Securities Item 11. Submission of Matters 10 a Vote of Security Holders lte .. 5. Clulltges ill Security for Registered Securilies Item 12. C1umges ill Regis"""I's Certifying AccounIaraI 'tea 6. Defaulls upon Sellior Securilies Item 13. OI1aer Materially Importanl Emili. 'tea 1. IlICI'ease ill AIIIOUIIIof Securilies Outslanding Item 14. Fillancial Statemenls and Exhibils 'tea 8. Decrease ill AnwlUll of Securities Oulstandillg

Many requesl. for copies of documellls referred 10 ill the SEC News Digesl 1uwe erroneously been directed 10 the GOI1emlll8I1IPrintin, Office. Copies of SIlCIa doCUlll8llls ond of regislralion statements IIICIYbe ordered (rom the Public Reference Seclion. Securities IlIId Exchange Commission. Waslaill,lalI. D.C. 20549. The reproductioll co.' i.lCW per page plus postage (1 days) ('3.50 minimum); 20f per page pIllS postage for expedited service (4 days) ('5.00 miIIimum) IlIId 30f per page plus postage for priority seroice owmiglal ('5.00) millimu!n). COSI eslimate. are gil1ell 011 request. All other reference NOTICE material i. available ill the SEC Dcdel. SEC NEWS DIGEST is publisMd daily. Subscriplioa rates: 64.4Slyr ill U.S. (irsl class 1IIGil; '80.60 elaew1lere. SEC DOCKET is published weeily. Subecriplion rates: '43.10Iyr ill U.S. (lrsl clGu .1, '54.65 elsewhere. TIle N.",. Di",sl and IIIe Doc., are far sale by the SuperillIImIIImI of Doc:u.lIIs. GoI/eIIIIBIII PriIIIinI Office. W_incton. D. C. lI0402.

8 NENS DIGEST, June 9, 1977