sec new '---..... igest Issue 77-16 (SEC Docket, Vol. 11, No. 7 - FeDruary 8} JAN 27lJ71 January 25, 1977

RULES AND RELATED MATTERS u.s. SECURITIES AND EXCHANoE COMMIS810N PROPOSAL TO ADOPT RULE 3a4-l The Commission has announced for public comment a proposal to adopt Securities Exchange Act Rule 3a4-l. The proposed rule would provide that, under certain circum- stances, persons who are associated with an issuer of securities and who participate in a distribution of the issuer's securities shall be deemed not to be brokers, as that term is defined in Section 3(a) (4) of the Securities Exchange Act of 1934. All interested persons are invited to submit written views and comments to George A. Fitzsimmons, Secretary, Securities and Exchange Commission, 500 North Capitol Street, Washington, D.C. 20549 by March 21, 1977. Reference should be made to File No. S7-672. All submissions will be made available for public inspection. (ReI. 34-13195)

ORDERS FOR PUBLIC PROCEEDINGS

FIRST WESTERN SECURITIES COMPANY AND WILLIAM C. LASSWELL, JR. Public administrative proceedings have been ordered under the Securities Exchange Act of 1934 against First Western Securities Company and William C. Lasswell, Jr., its managing partner. The proceedings are based on staff allegations of violations of the net capital, reserve account, and reporting provisions of the Securities Exchange Act of 1934 in connection with the broker-dealer business of First !lestern. A hearing will be scheduled by further order to take evidence on the staff charges and to offer the respondents an opportunity to offer any defenses. (ReI. 34-l320l}

COMMISSION ANNOUNCEMENTS

NATIONAL MARKET ADVISORY BOARD MEETING ANNOUNCED The National Market Advisory Board will conduct open meetings on February 14 and 15, 1977 in the Basement Auditorium, United Bank, 707 Wilshire Boulevard, , California. Initial notice of this meeting was published in the Federal Register on December 28, 1976. The Board will also conduct open meetings on March 14 and 15, and April 18 and 19, 1977, in Room 776, 500 North Capitol Street, Washington, D.C. The summarized agenda for these meetings will be published in the Federal Register at a later date. The summarized agenda for the February meeting is as follows: (11 discussion of the Board's report to the SEC regarding restrictions on off-board transactions in listed securities by exchange members; (2J discussion of possible pilot projects relevant to issues considered, or to be considered, by the Board; (3) discussion of future agenda of the Board and enumeration of topics which should be further considered prior to September, 1977; and (4) discussion of such other matters as may pro~erly be brought before the Board. Further information may be obtained by writing Martin L. Budd, Executive Director, National Market Advisory Board Staff, Securities and Exchange Commission, Washington, D.C. 20549.

LISTING, DELlSTING AND UNLISTED TRADING ACTIONS

DELISTING GRANTED An order has been issued granting the application of the Midwest Stock Exchange, Inc. to strike from listing and registration thereon the Class A common stock, $5.00 par value, and Class B common stock, $5.00 par value, of Harvey Hubbell, Inc. (ReI. 34-13199) LISTING ACTIONS Orders have been issued pursuant to Section 12 (d) of the S~.curities Exchange Act of 1934 granting the applications of the following companies to list the specified securi- ties on the New York Stock Exchange, Inc. - Commercial Credit Co., 8.35% notes, due October 15, 1986 and 8.80% subordinated notes, due October 15, 1986~ Dayton Power and Light 00., 8-3/4% first mortgage bonds, Series due 2006~ International Harvester Credit Oorp., 8.35% notes, due December 15, 1986~ The M:>untain States Telephone and Telegraph 00., 7-7/8% forty-year debentures, due November 15, 2016 (all effective as of January 11, 1977)~ and Transcontinental Gas Pipe Line Corp., $6.65 Series cumula- tive preferred stock, NPV~ $10.32 Series cumulative preferred stock, NPV~ $8.64 Series cumulative preferred stock, NPV~ 8-7/8% first mortgage pipe line bonds, Series due April 1, 1990~ 7.60% first mortgage pipe line bonds, Series due May 1, 1979~ 6-1/4% debentures, due 1987~ 8-3/8% debentures, due 1989~ 9-1/2% first mortgage pipe line bonds, Series due October 1, 1990~ and 8-7/8% first mortgage pipe line bonds, Series due June 15,1991 (all effective as of January 12,1977). (ReI. 34-13200)

SELF ·REGULATORY ORGANIZATIONS

NOTICE OF PROPOSED RULE CHANGE The Municipal Securities Rulemaking Board (MSRB) has filed a proposed rule change under Rule 19b-4 (SR-MSRB-77-2) to provide a procedure for the nomination and election of successor members of the MSRB. Publication of the proposal is expected to be made in the Federal Register during the week of January 24. (ReI. 34-13196)

ACOUISITIONS OF SECURITIES

Companies and individuals must report to the Commission within 10 days on Schedule l3D if after the acquisition of equity securities of a public company their beneficial interest therein exceeds 5%. The following companies or individuals filed Schedule l3D's during the period January 7 - 17, 1977 The number of shares of the security which are beneficially owned, and the number of shares concerning which there is a right to acquire are set forth for each beneficial owner.

REPOOTING C(Jo!pAliY OR INDIVIDUAL ISSUER 10 NUMBER OF SBARm DAft: FILED * Pacific BoldingCorp. IlIternationalMining Corp. (BellYork City) 1-7-77 CODIIIOnStock - 366,600 sbs. * Merry M. Mason Taylor IlIte:rnat1onalCorp. (Las Vegas, Bev.) 1-1-77 CODIIIOnStock - 109,858sha. * TrinityUniver&al Bat10nalCan Corp. (,ru.) 1-7-77 Insurance Co. COUIOD Stock - 1,202,800sha. UIC Investments,Inc. COlIIIIIOIlStock - 32,400 sbs. Argonaut Insurance Co., on conversionof PreferredStock et al

* Itldhurst Corp. Cameo, !Le. (Houston,Tex.) 1-1-77 CODIIIOnStock - i!o7,700 sbs. COIIIIOnStock - 250,000sha. on conversionof Debentures * Superior TUbe Co. WilliaJI:sand Co., Inc. (PittlJburgh,Pa.) 1-1-77 COImDn Stock - ~,B93 shs. (83.~) * BeralJ. Co. Booth Bewspa:pers,In~. (ADD Arbor, Mich.) 1-10-77 C~n Stock - 7,358,202sha. (99.t¥) (5,480,543of above shares were acquired pursuaDt to tbe Tender Offer.)

Sears, Roebuck and Co. San,yo Manui"acturillg Corp. (ForrestCit1, Ark.) 1-10-77 Coaon Stock - 1,ll3,792sha. (2~) (AbOYe slares were acquired pursuant to Warwick ElectronicsInc. transferof its TIl buSiness to S~.)

GoI.cman, Sacha 10 Co. u.s. Itancorp(Portland, Ore.) 1-10-77 ~ ConvertibleDeben,ures- $1,lBO,000

2 NEWS DIGEST, January 25, 1977 ACQUISITION REPORTS CONT.

GoldJan, Sacbs .. Co. United Teebnologies Corp. (Bal-tf'ord, Conn.) 1-10-11 ~ Co:wertible Debentures - $4,191,000

L. E. Myers Co. Hoosier Engineering Co. (Dublin, Ohio) 1-10-11 COllllllC'lStock - 116,000 ahs , (21.51»

Phoenix Mutual Lif'e ICansas-!febraslm'fatural Gas Co., Inc. (Bt.stir.gl',lteb.)1-10-11 Insurance Co. C1 A Pref'erretl Stock - 107,500 sbs. Pilot Life IDSUranceCo. (Above sbares were acquired pursuant to a Jefferson Standard Lif'a Purchase Agreement.) ID8urance Co., et al

Beurt R. SerV88S Curt1a PubliShing Co. (Indianapolis, Ind.) 1-10-11 COJII!IIODStock - i75,224 sbs. (Inc)11ded above arE shares ownedby his f'8II1ily••

TboIIIsonMcKinnonInc. Investors Realty Trust (Nashville, Tenn.) 1-10-71 Sbaref. of' Be;Jef'icia1 Interest - 100,000

Eugell£ E. 2rince Hathaway Instru=nts, Inc. lDemrel', Colo.) 1-10-11 COIIIIIIOnStock - 142,992 sm..

Sel1m K. Zilkba (England) Itewbnl.l land & Farming Co. (VBlencia, Calif.) 1-10-11 Ezra K. Zilkba COIIIIIODStock - 321,300 sbs. Zi1kba &: Sons, Inc.

High Voltage Engineering Spectral DynamicsCorp. of San Diqo (Sar. Jliego~ 1-10-TI C01'J.. Calif' .J CommonStock - 61,000 sbs.

Frank W. DoJlO'l8D Ryersol' .. Baynes Inc. (North Miami( Fla.) 1-10-11 CommonStock - 215,350 sbs. (l51>J

Jerrold Wexler, Jkpiter Industries, Inc. (Chicago, Ill.) 1-1.0-11 Individually and as CommonSto~k - 351,397 sha. Trustee (Mr. Wexler liM an Option to purchase 64,265 of above sbr.res of ",i'ich be is nov Trustee. Also 1nc1ud£~above are 10,250 ailares owned oy his f8llli~·.)

A. J. H1nt2'.e Hathaway ID8truments, Inc. (Denver, Colo.) 1-10·11 CODI'JOnStock - 107,223 sha. (13.~)

Ai!state of' Frank Baib1e Veeco ID8truments Inc. (Plainview, L.I.,It.y.) 1-10-11 CommonStock - 345,125 sha.

* IaaIs

* tt.xtual Sav1Dgs Life Fair Grounds Corp. (i1ev Orleans, la.) 1-10-11 Life Insurance Co. CommonStock - 13,605 I!OO.

* ISC Financial Corp. ISC Financial Corp. (Kansas City, Mo.) 1-10-11 Thrift Plan CommonStock - 244,828 sha. (14.64~)

* High Voltage Engineering Electron~zed Che'nicals Corp. (Burlington, Mass.) 1-1.\)-11 Corp. CommonStock - 1,661,393 sOO. (88.~)

* Piper Jatf'n;.y Inc. 1975 Piper Jaffray Inc. (Minneapolis, M11Ul.) 1-10-11 A.ae.ldedEmployee Stock CommonStock - 455,192 sbB. (39.1l~) OwDcrshipTrust

* Pb~-llis Iklkin Coben Claussing Corp. (Kalamazoo, Mich.) 1-10-11 •Barry F. Coben COIIIIIOnSt.()Ck- 51,000 sha • Barcone Pension Trust

* Charles M. Diker Arcron Inc. (City of Industry, Cal1f'.) 1-10-11 Western :::nv(stl'lent&Assocs. C(;DB>nStock - 112,566 sbs. {16.6/» Central Soya Co., Inc. O's Gold Seed Co. (Parkersburg, Iowa) 1-10-77 CommonStock - 2,120,403 sbs. NEWS DIGEST, January 25, 1977 3 ACQUISITION REPORTS OONT. * HugoMann, Trustee for Fed-Mart Corp. (San Diego, Calif.) 1-10-77 Mann GmbH(W. Germ,ny) COIIIIIIOnStock - 1,524,075 sha.

* Erik E. Bergstrom Diebold Venture Capital Corp. (Seattle, Wash.) 1-10-77 Capital Stock - l64,~oo sha.

* Compa1gneIDdustrielle et A. E. Staley Manuf'acturiDgCo. (Decatur, ria.) 1-10-77 Financiere des Produits CommonStock - 728,8~ sha. Amylaces S.A. (Luxembourg)

* Joel Greenberg Bluebird, Inc. (Chicago, Ill.) 1-10-77 Co~n Stock - 624,600 sha.

* Harry M. Baker W'.OC, Inc. (Newport Beach, Calif.) 1-10-77 Co~n Stock - 378,964 sha. (Aboveshares are ownedby Mr. Baker aDd his VIlfe as Co-Trustees and beneficiaries of the H & J Baker Revocable Trust.)

* Stannet Corp. Nesco International, Inc. (Fort Atkinson, Wisc.) 1-10-77 Stannet Capital Corp. CommonStock - 378,000 sha. Co~n Stock - 60,000 sha. on exercise of a Warrant

* Louart Corp. Arden-Mayfair, Inc. (IDs Angeles, Calif'.) 1-10-77 Co.-m Stock - 715,200 sha. $3 Pref'erred Stock - 17,900 sba.

* HomeState Financial Bancrof't Convertible Fund Inc. (NewYork City) 1-10-77 Services, Inc. CommonStock - 106,201 sha. (Wholly-ownedsubsidiary of Warner National Corp.) Standard Security Life Insurance Co. of B.Y. First International Re- insurance Co. (Wholly-ownedsubsidiary of Better International Ltd.)

.. Houdaille Industries, Inc. Fort Worth Steel & Machinery Co. (Fort Worth, Tex.) 1-10-77 CommonStock - 947,450 sha. (~)

.. Kappa Systems, Inc. Resource ManagementCorp. (Bethesda, Md.) 1-10-77 CommonStock - 429,720 sha •

.. Northwest Growth Fund, Inc. National ComputerSystems, Inc. (Edina, Minn.) 1-10-77 CommonStock - 187,300 sha.

.. Louis J. Roussel Universal Drilling Co., Inc. (NewOrleans, Ia.) 1-10-77 ClA CommonStock - 437,910 sha. (61.~) ClB CommonStock - 472,900 sha. (99.35~)

* Paul L. Snyder Twin Fair, Inc. (Buffalo, NewYork) 1-10-77 CommonStock - 213,500 sha.

* Blue Chip Stamps Pinkerton's, Inc. (Nev York City) 1-10-77 Cl B CommonStock - 500,196 sha.

Wallace E. Carroll Chicago Helicopter Industries, Inc. (Chicago. Ill.) 1-11-77 CommonStock - 332,747 sha.

W-L, Inc. Deseret Pharmaceutical Co., Inc. (Sandy, Utah) 1-11-77 (Wholly-ownedsubsidiary CommonStock - 3,034,594 sha. (~) of Warner-Lambert Co.) (Above shares were acquired pursuant to the Tender Offer.)

Dimark, Inc. S~ Industries, Inc. (Dallas, Tex.) 1-11-77 COIIIIIOnStock - 208,644 sha. (Aboveshares were acquired pursuant to a Stock Purchase Ag!'eemer>t. Dimark is obligated to purchase an additional 45.000 shares pursuant to same Agreement.) 4 NEWS DIGEST, January 25, 1977 ACQUISITION REPORTS CONT. * U.S. Recyc1iug Corp. Ag-Met, Inc. (Hazelton, Fa.) 1-11-77 I (Wholly-owned subsidi.ary COIIIB)nStock - 627,900 allll. ot Ulli.cana, II.V • (lletherland Antilles)

* Dover Securities, Inc. Syracuse China Corp. (Syracuse, II.Y.) 1-11-77 COmBmStock - 141,~0 abB. (19.~)

Estelle Goodman, Trustee Franklin Corp. (llev York City) 1-12-77 I CommonStock - 85,000 sha.

Atlantic American Lite Coastal States Corp. (Atlanta, Ga.) 1-12-77 Insurance Co. CommonStock - 213,952 sbB. Atlantic American Corp. Bankers Fidelity Life Insurance Co., et &1

&arlen Science & Technology Aiken Industries, Inc. (llev York City) 1-12-77 Inc. CommonStock - 2,399,000 sbB. (m) (Wholly-owned subsidiary of (480,166 of above shares were acquired lIorlin Corp.) pursuant to the Tender Otter.) lIorlin Corp. (Panama)

T. B. Knox Trust SUJlllit Energy, Inc. (Dallas, Tex.) 1-12-77 GwendolynKnox SchDB1iug COIIIIIOnStock - 93,842 sha. Trust Winnie Dill Knox E. D. Dill Trust

Conn Central Corp. A1rac Corp. (Stamford, Conn.) 1-12-77 COlllllOnStock - 67,350 ahs ,

Aries Hill Corp. Texas First Mortgage REIT (Houston, Tex.) 1-12-77 AmIe S. BaUd, Trustee Shares of Benef:cia1 Interest - 59,200 Brent D. Baird, Individually and as Trustee, et a1

* Henry G. Zapruder, Trustee Martin Processiug, Inc. (Martinsville, Va.) 1-12-77 CommonStock - 181,375 sllll.

* Lester Miller Contico International Inc. (St. louiS, Mo.) 1-12-77 Marvin B. Levy CODIIIOnStock - 122,710.31 sbB. CommonStock - 20,533.77 sbB. on conversion of Debentures COIIIIIOnStock - 49,050 sha. on exercise of Options and Warrants (Included above are shares ownedby their children.) * TholBS G. Wyman, American Seat1ug Company(Grand Rapids, Mich.) 1-12-Tf Individually and as COlllllOnStock - 217 ,300 sbs. Trustee

* Center Plaza Associates Realty Income Trust (Providence, R.I.) 1-12-77 CommonStock - 114,165.5 sha.

Thrall Car Manufacturing Co. Chamberlin Manufacturing Corp. (Elmhurst, nr.) 1-13-77 CODIIIOnStock - 265,500 shs , (17.~)

Robert E. Grant, Indivi- American Bakeries Co. (Chicego, 111.) 1-13-77 dually and as Trustee CommonStock - 41,300 shs , (Included above are shares ownedby his wife and children. In addition, Mr. Grant has Options to purchase 10,010 shares.)

Hanamerica, Inc. Pacific GambleRobinson Co. (Seattle, Wash.) 1-13-77 (Who11y-ownedsubsidiary CODIIIOnCapital Stock - 175,000 ahs , of Franz Hanie1 & Cie (lJanamerica lias transferred above shares to GmbH (W. Germany) Trustees appointed pursuant to a Votiug Trust Agreement.)

U. S. Industries, Inc. De1voodFurniture Co. (Birmingham, Ala.) 1-13-77 COlllllOnStock - 3,770,950 ahs , (94~)

NEWS DIGEST, January 25, 1977 5 ACQUISITION REPORTSCONT.

Prixila S.A. (Switzerland) Dymo Industries, Inc. (San Francisco, Calif.) 1-13-77 Finco, Ltd. (Channel Islands) CODDOnStock - 698,826 ahs , (Wbolly-ownedsubsidiary of Price1 S.A.) Price1 S.A. (France) * Holding Corporation of Bankers Union Life Insurance Co. (Denver, Colo.) 1-13-77 America CODlllOnStock - 21,726 sbs , (16.3'1»

• C & S AssOCiates, Inc. Visual Art Industries, Inc. (Philadelphia, Pa.) 1-13-77 CODDDOnStock - 418,586 shs , ~ Convertible Debentures - $956,000

Holding Corporation of America (Champaign • Victor L. Sayyah t rn..) 1-13-77 Cl A CODlllOnStock - 580,786 shs. l59.4~) C1 B CODDOnStock - 299,778 shs. (~)

• Inter-Region Associates National Heritage ManagementCorp. (Oak Brook, Ill.) 1-13-77 Corp. CODlllOnStock - 642,477 shs. (69.~)

• Life Investors Insurance Ideal National Insurance Co. (Salt lake City, Utah) 1-13-77 Companyof America COllDllOnStock - 48,526 shs ,

• City Post Publishing Corp. Bew York Magazine Co., Inc. (Bew York City) 1-13-77 News America PUblishing Inc. CommonStock - 1,319,160 shs.

Cutler-Hammer, Inc. Leeds & Northrup Co. (North Wales, Pa.) 1-14-77 Series A Preferred Stock - 385,000 shs.

Sentry Corporation Reed Industries, Inc. (Rockford, Ill.) 1-14-77 Co.on Stock - 1,027,828 sha. (In addition, Sentry has an Option to purchase 100,000 shares.)

Household Finance Corp. Hamilton International Corp. (Farmington, Mich.) 1-14-77 CODDOnStock - 1,000,000 sns , (24~) on conversion of Series A Preferred Stock

Banister Continental Ltd. RaymondInternational Inc. (Houston, Tex.) 1-14-77 (Canada) CODlllOnStock - 176,500 shs , CODlllOnStock - 228,582 sha. on conversioa of Debentures

• Dr. Sidney BaJ'lllBJl Barman Internatio.oa1 Industries, Inc. (lake Success, 1-14-77 N.Y.) CODIIIOnStock - 291,765 sha. (12.1~)

• Trustees under Barman Barman International Industries, Inc. (Lake Success, 1-14-77 International Industries, N.Y.) Ind. Employees' Stock CODDOnStock - 195,309 shs. Bonus and Ownership Trust U/TjA

• American General Insurance Tl Corp.(lDs Angel.es, Calif.) 1-14-77 Company CODDOnStock - 418,000 sha.

• UIC Investments I"lC. Litton Industries, Inc. (Beverly Hills, Calif.) 1-14-77 United Insurance Company COIIBOnStock - 6,290,627 sha. of America COIIIIIIOIlStock - 70,868 sha. Argonaut Insurance Co. on conversion of Preference Stock Trinity Univeral Insurance Co.

• Minneapolis Star and Harper & Row, Publishers, Inc. () 1-14-77 Tribune Company CommonStock - 633,326 sha. (26.1~)

* Blue Chip Stamps WescoFinancial Corp. (Pasadena, Calif.) 1-14-77 CommonStock - 1,699,000 sha.

* Pacific Bold1DgCorp. International Mining Corp. (New York City) 1-14-77 CommonStock - 316,900 shs.

• Clabir Corpcration Eao Corporation (College Point, R.Y.) 1-14-77 Clabir Corporation (Calif.) COIIBOJlStock - 241,600 shs. 6 NEWSDIGEST, January 25, 1977 ACQUISITION REPORTS CONT.

* Wisconsin Securities Co. N N Corporation (Milwaukee, Wisc.) 1-14-77 ot Delaware CommonStock - 235,000 shs , Clement Construction Co.

Martin Silvel"llBn Delta Data Systems Corp. (Cornwells .tIeights, Pa.) 1-17-n CommonStock - 192,354 shs ,

Frank M. Feeney, Jr. Sterner Lighting Systems I~c. (Winsted, Minn.) 1-17-77 CommonStock - "(0,800 sns , (In addition, Mr. Feeney has the right to acquire 18,000 shares pursuant to the Stock Option Plan.)

Patent Development Corp. Thermo Kinetic Corp. ('fucson, Ariz.) 1-17-77 CommonStock - 556,013 sha. (3~) (Above shares were acquired from Southern Arizona MaTJ8gementcorp.)

Brent D. Baird KK! Mortgage Investors (Lexington, Ky.) 1-17-77 Aries Hill Corp. Shares of Beneficial Interests - 59,000 Anne S. Baird, Trustee and Custodian, et al

Abraham J. Kauvar Arnold Constable Corp. (Nev York City) 1-17-77 CommonStock - 24,000 sns.

Helen A. Wrigley, Trustee Chicago National League Ball Club (Chicago, na.) 1-17-77 of the Philip K. Wrigley COlllllOnStock - 2,578 shs , ChristlPS Trust for Helen A. Wrigley

William Wrigley, Trustee ChicagO National League Ball Club (Chicago, ria.) 1-17-77 of the Philip K. Wrigley CommonStock - 1,505 sha. Christmas Trus~ for William Wrigley

Robert W. Cole Schott Industries, Inc. (Cincinnati, Ohio) 1-17-77 CommonStock - 221,40C shs ,

* American Bp.nefit Life Farm & Ranch Financial, Inc. (Wichta, Kans.) 1-17-77 Insurance Company CommonStock - 669,587 shs ,

* UIC Investments, Inc. Curtiss-Wright Corp. (Wood Ridge, N.J.) 1-17-77 Trinity Universal Life CommonStock - 1,658,900 sha. Insurance Company Argonaut Insurance Co. Great Cent~ Insurance Co. Argonaut- Midwest Insurance Company

* American Equltel Corp. Republic-Franklin Life Insurance Co. (Columbus, Ohio)1-17-77 Thomas G. Jenkins, et al Cl A & Cl B CommonStock - 225,379 shs ,

* Frank B. Whitbeck American Foundation Life Insurance Co. (Little Rock, 1-17-77 Ark.) CommonCapital Stock - 182,562 shs , (21.461»

* Douglas B. Fletcher, Angel.es Corporat ion (los Angeles, Calif.) 1-17-77 Individually and as Nev CommonStock - 53,278 shs. Trustee (Included above are shares owned by his immediately :family.)

* Charles W. Oswald National Computer Systems, Inc. (Minneapolis, Minn.) 1-17-77 CommonStock - 265,125 sha.

*" WS Employees' Savings louisiana General Services, Inc. (Harvey, La.) 1-17-77 and Investment Trust COlDllOnStock - 126,2~ sha.

* American National Insurance Dillard Department Stores, Inc. (Little Rock, Ark.) 1-17-77 Company (Wholly-owned Cl A COIIIIIIOJlStock - 363,752 shs. subsidiary of American Cl A CommonStock - 222,222 sha. National Financial Corp.) on exercise of Warrants

NEWS DIGEST, January 25, 1977 7 ACQUISITION REPORTS CONT.

* David H. Murdock Pacific JIol4iDg Corp. (loa Angeles, Calif.) C~ Stock - 352,755 8118.

* Virtz Corporation Medical IDveat.nt COrp. (MiDDeapoli8, MiDn.) 1-17-77 C~ Stock - 971,91.6 8ba. (76.4~)

* Trust8 UtI 9/3/47 Alleghany Corporation (Hew York City) 1-17-77 Me1tyn Realty Corp. CommonStock - 675,600 sba. Kapflor Corporation, et al

* Marvin Kratter RoIII-Alller Pbarlaceuticals, Ltd. (Las Vegas, Bev.) 1-17-77 COIIIIIOnStock - 1,000,000 sba.

* R. Barry Borden Delta Data SystellS Corp. (Cornwells Heights, Fa.) 1-17-77 COIIII)nStock - 218,755 sba. (Included above are sb8.res owned by his wife and children.)

* H. Barry Maser Delta Data SystellS Corp. (Cornwells Heights, Fa.) 1-17-77 COIIIIIDJlStock - 218,754 8118. (Included above are shares owned by his wife and children.) * AmendedAcquisition Report

MCIIIY requests (or copies o( documents re(erred to in the SEC News Di,.st have _usly been directed to'the Gollf/l'rl11l4/ntPriratin, Office. Copies o( such documents GIld o( re,istratiora statements /I/O)' be o,..,ed (rom lhe Public Re(erence Sectiora, Securities GIld ExchClllte Commissiora, Washin,ton, D.C. 20549. The reproduction cost is 10' per pafe plus posltJllfl (1 days I ('3.50 minimum I; 20' per pafe plus postate (or expedited .ervice (4 day.) ('5.00 minimum) GIld 30¢ per Pate plus posltJllfl (or priority service ouemi,ht ('6.001 minimuml. Co.t e.timates are liuera on request. All other re(erence NOTICE material is ~lable in the SEC Docltet. SEC NEWS DIGEST i. prIbliMed .'y. Subscriptiora rotes: "-46/yr in U. S. (iT., cIa.. mail; '80.60 elselll". SEC DOCKET i. pullli.1ted _eIIly. SulMcriptioll role.: '43.10/yr in U. S. (irst class .1, '54.66 el""". The Nelli. Dj... t GIld the Docile' are (OT .ale by the SuperinlBltdellt o( DocuNrd" Oowm.,., Print"" Office, lVashinlloll, D.C. 204OJ.

8 NEWS DIGEST, January 25, 1971