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Issue 90-120 June 21, 1990

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INTERPRETATIONS OF NEW SECURITIES ACT RULES PUBLISHED

The Division of Corporation Finance has announced the publication of staff correspondence interpreting Rule 144A, amendments to Rule 144(d) and Regulation S. Copies of the correspondence may be obtained through the Commission's Public Reference Room. Availability Letter Date Subject

British Aerospace May 9, 1990 Application of Rule Public Limited Company 144A information requirement to debt securities guaranteed by obligor's parent.

Rule 144A May 30, 1990 Application of Rule 144A information requirement to government agency or instrumentality securities guaranteed by sovereign.

Jesse M. Brill June 8, 1990 Calculation of holding period under amended Rule 144.

The First Boston June 14, 1990 Identification of the Corporation Stock Exchange Automated Quotation (SEAQ) International as "designated organized foreign securities market" under Regulation S. CIVIL PROCEEDINGS

FRANK E. SNELL PERMANENTLY ENJOINED

The Fort Worth Regional Office announced that, on June 1, a Final Judgment of Permanent Injunction was entered against Frank E. Snell (Snell), who was charged with five other defendants in a Commission injunctive action filed August 7, 1989 in the U.S. District Court for the Northern District of Texas. Snell consented to the entry of the judgment without admitting or denying the Commission's allegations. The judgment enjoins Snell from further violations of the antifraud, proxy, reporting and books and records provisions of the federal securities laws.

The Commission's complaint charged AMX, a Dallas-based reporting company; Snell, chief executive officer; William B. Clark, president; Benjamin F. Meador, secretary; Charles E. Washburn, a certified public accountant; and Peter G. Lund, a former broker-dealer, with engaging in a "penny stock" scheme involving the stock of AMX.

Default judgments have been entered against AMX and Meador. Washburn, Clark and Lund have consented to permanent injunctions without admitting or denying the Commission's allegations. [SEC v. AMX International, Inc., et al., Civil Action No. CA 3-89-2006- H, ND TX] (LR-125l6)

ADVANCED MONITORING SYSTEMS, INC. ORDERED TO FILE REPORTS

The Commission announced that, on June 20, the U.S. District Court for the District of Columbia entered a Final Judgment of Permanent Injunction (Judgment), by consent, against Advanced Monitoring Systems, Inc. (AMSI) of 1013 West Eight Street, Amarillo, Texas 79105. The Judgment requires AMSI to file within 60 days its Annual Report on Form 10-K for its fiscal year ended September 30, 1989, and its Quarterly Reports on Form 10-Q for its fiscal quarters ended December 31, 1989, and March 31, 1990. and permanently enjoins it from failing to file timely and complete Annual and Quarterly Reports and Notifications of Late Filing in the future.

In its Consent, AMSI admitted that it had failed to file those delinquent reports, and that it failed to file on a timely basis three Annual Reports on Form lO-K, fifteen Quarterly Reports on Form 10-Q, and seventeen Notifications of Late Filing on Form l2b-25.

According to its most recent Annual Report. AMSI designs, develops and fabricates pipeline monitoring and inspection devices called microprobes and provides inspection services to pipeline owners. [SEC v. Advanced Monitoring Systems. Inc .• Civil Action No. 90-1458. D.D.C., June 20] (LR-125l7)

IRO WITH ASSET FREEZE ORDERED AGAINST TRANSWESTERN OIL & GAS, INC .• OTHERS

The Houston Branch Office announced that on June 13, 1990, the Honorable Norman Black. U. S. District Judge for the Southern District of Texas, issued a temporary restraining order (TRO) against Transwestern Oil & Gas Co., Inc. (Transwestern) John N. Ehrman (Ehrman), and Gideon Chern (Chern) as defendants, and against Girelly Capital

2 NEWS DIGEST, June 21, 1990 Corporation (Girelly) as nominal defendant. The Court's TRO enJo~ns Transwestern and Ehrman, of Houston, Texas, and Chern, of New York City, from engaging in further violations of the registration and securities fraud provisions of the federal securities laws and freezes their assets and those of Girelly. A hearing on the Commission's request for preliminary injunction and other equitable relief has been set for June 22, 1990.

The Complaint alleges that beginning in April 1988 to the present, Transwestern, Ehrman and Chern have been engaged in an ongoing fraud through the sale of unregistered securities in the form of oil and gas interests. The Complaint also alleges, among other things, that the defendants have not used investors proceeds to drill the number of wells promised to investors. The Commission is also seeking preliminary and permanent injunctive relief as to Transwestern, Ehrman, Chern and Ehrman Investment Group, Inc., as well as an accounting and disgorgement. [SEC v. Transwestern Oil & Gas, Inc., et al., Civil Action No. H-90-1875, USDC SD Tex.] (LR- 12518, June 20)

:-":-:>::"::":"'::""::"':::-:---:--_:-::---'-,:::,::::-. INVESTMENT· COMPANY ACT·RELEASES

CMC REAL ESTATE CORPORATION

A notice has been issued g~v~ng interested persons until July 13, 1990 to request a hearing on an application by CMC Real Estate Corporation for an order under Section 8(f) declaring that it has ceased to be an investment company. (Rel. IC-17537, June 18)

THE ONE GERMANY FUND

A notice has been issued g~v~ng interested persons until July 16, 1990, to request a hearing on an application filed by The One Germany Fund, Inc. (Fund), a closed-end non-diversified investment company registered under the Investment Company Act of 1940 (1940 Act), for an order of the Commission pursuant to Section 6(c) of the 1940 Act exempting the Fund from the prohibitions of Section 12(d)(3) of the 1940 Act to the extent necessary to allow the Fund to acquire securities of foreign issuers engaged in securities-related activities in accordance with the condition of proposed amendments to Rule 12d3-l urider the 1940 Act. (ReI. IC-17538, June 19)

MUTUAL FUND GROUP

A notice has been issued g~v~ng interested persons until July 16, 1990, to request a hearing on an application filed by Mutual Fund Group (Trust), Vista Broker-Dealer Services, Inc., Chase Manhattan Bank, N.A., and Chase Lincoln First Bank, N.A. for a conditional order under Section 6(c) of the Investment Company Act of 1940 that would grant an exemption from the provisions of Sections l8(f)(1), 18(g), and 18(i). Applicants seek relief to permit the Trust to issue two classes of shares representing interests in the same investment portfolio, which classes would be identical in all respects except for differences related to Rule 12b-1 distribution expenses, shareholder service expenses, voting rights, and dividend payments. (ReI. IC-17539, June 19)

NEWS DIGEST, June 21, 1990 3 FIRST INVESTORS LIFE INSURANCE COMPANY

A notice has been issued giving interested persons until July 16, 1990 to request a hearing on an application filed by First Investors Life Insurance Company, First Investors Life Variable Annuity Fund C (Separate Account C), First Investors Corporation, and First Investors Management Company, Inc., for an order pursuant to Section 6(c) of the Investment Company Act of 1940 (Act) granting exemptions from the provisions of Sections 26(a)(2) and 27(c)(2) of the Act to the extent necessary to permit the deduction of mortality and expense risk charges from the assets of Separate Account C pursuant to certain deferred and immediate annuity contracts. (Release No. IC-17S40, June 19)

WHITEHALL LINKED LIFE SERIES FUND CO.

A notice has been issued giving interested persons until July 16, 1990 to request a hearing on an application filed by Whitehall Linked Life Series Fund Co. (Applicant) for an order under Section 8(f) of the Investment Company Act of 1940 declaring that the Applicant has ceased to be an investment company. (ReI. IC-1754l, June 19)

CHALLENGER INCOME SHARES

A notice has been issued g~v~ng interested persons until July 18, 1990, to request a hearing on an application filed by Challenger Income Shares, Inc. for an order of the Commission, pursuant to Section 8(f) of the 1940 Act, declaring that it has ceased to be an investment company. (ReI. IC-I7542, June 19)

BRADFORD LINKED LIFE VARIABLE ACCOUNT

A notice has been issued giving interested persons until July 16, 1990 to request a hearing on an application file by Bradford Linked Life Variable Account (Applicant) for an order under Section 8(f) of the Investment Company Act of 1940 declaring that the Applicant has ceased to be an investment company. (ReI. IC-17543, June 19)

BRADFORD VARIABLE ACCOUNT I

A notice has been issued g~v~ng interested persons until July 16, 1990 to request a hearing on an application filed by Bradford Linked Variable Account I (Applicant) for an order under Section BCf) of the Investment Company Act of 1940 declaring that the Applicant has ceased to be an investment company. (ReI. IC-17544, June 19)

KIDDER, PEABODY & COMPANY

Kidder, Peabody & Company, Inc. (Kidder) has been granted a permanent order under Section 9(c) of the Investment Company Act of 1940 exempting Kidder and any affiliated person of Kidder from the provisions of Section 9(a) of the Act to the extent necessary to permit Kidder or an affiliated person of Kidder to employ Mr. Stanley S. Trotman, Jr., an individual who is subject to a securities-related injunction. ReI. IC-17545, June 20)

4 NEWS DIGEST, June 21, 1990 THE EQUITABLE FUNDS

An order has been issued on an application filed by The Equitable Funds, et al., pursuant to Section 6(c) of the Investment Company Act of 1940, exempting applicants from Sections l8(f), l8(g), and l8(i) of the Act. (ReI. IC-17546, June 20)

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 managing underwriter or depositor (if applicable); File number and date filed; Assigned Branch; and a designation if the statement is a New Issue.

S-l BIRO MEDICAL TECHNOLOGIES INC, 3101 E ALEJO RD, PALM SPRINGS, CA 92262 (619) 778-7200 - 500,000 ($4,750,000) COMMON STOCK. 1,800,000 ($17,100,000) COMMON STOCK. (FILE 33-35231 - JUN. 11) (BR. 8 - NEW ISSUE)

S-18 OMEGA HEALTH SYSTEMS INC, 1932 EXETER RD, GERMANTOWN, TN 38138 (901) 757-0435 _ 517,500 ($2,587,500) COMMON STOCK. 258,750 ($2,070,000) COMMON STOCK. 51,750 ($52) WARRANTS, OPTIONS OR RIGHTS. 51,750 ($310,500) COMMON STOCK. (FILE 33-35262-A _ JUN. 06) (BR. 6 - NEW ISSUE) S-6 NUVEEN TAX EXEMPT UNIT TRUST SERIES 561, 333 WEST WACKER DR. CIO JOHN NUVEEN ~ CO INC, CHICAGO, IL 60606 - INDEFINITE SHARES. (FILE 33-35345 _ JUN. 14) (BR. 22 - NEW ISSUE) 5-6 MUNICIPAL INVESTMENT TRUST FUND MULTISTATE SERIES 7G - INDEFINITE SHARES. (FILE 33-35346 - JUN. 14) (BR. 22 - NEW ISSUE)

S-8 FIRST COMMERCIAL HOLDING CORP, 8 O'HENRY AVE, ASHEVILLE. NC 28801 (704) 252-3600 - 23,700 ($160,923) COMMON STOCK. (FILE 33-35371 - MAY. 25) (BR. 1)

S-l LUNAR CORP, 313 W BELTLINE HIGHWAY, MADISON, WI 53713 (608) 274-2663 - 475,000 ($7,600,000) COMMON STOCK. 1.221,250 ($19,540,000) COMMON STOCK. (FILE 33-35372 - JUN. 12) (BR. 8 - NEW ISSUE)

S-8 EG~G INC, 45 WILLIAM ST, WELLESLEY, MA 02181 (617) 237-5100 - 40,000 ($1,597,480) COMMON STOCK. (FILE 33-35374 - JUN. 11) (BR. 10)

~-4 CRI iNSURED MORTGAGE ASSOCIATION INC, 11200 ROCKviLLE PIKE, ROCKYILLE. MD 2085~ (301) 468-9200 - 64,069.431 ($664,400,000) COMMON STOCK. (FILE 33-35376 - JUN. 12) (BR. 6) F-6 FAULDING F H & CO LTD IADRI, 48 WALL ST, C/O THE BANK OF NEW YORK. NEW YORK, NY 10286 (212) 495-1727 - 50,000,000 (S2,500.000) DEPOSITARY RECEIPTS FOR COMMON STOCK. (FILE 33-35380 - JUN. 11) (BR. 99 - NEW ISSUE)

5-8 SUN SPORTSWEAR INC, 6520 SOUTH 190TH ST, KENT, WA 98032 (206) 251-3565 - 60,000 ($655,000) COMMON STOCK. (FILE 33-35387 - JUN. 13) (BR. 7) S-3 TORO COIDE, 8111 LYNDALE AVE SOUTH, BLOOMINGTON. MN 55420 (612) 888-8801 - 50,000 ($1.209,350) COMMON STOCK. 50,000 PREFERRED STOCK. (FILE 33-35388 - JUN. 13) (BR. 4) 5-1 CHERNE MEDICAL INC. 5710 LINCOLN OR, EDINA, MN 55436 (612) 933-2838 - 1,200,000 ($6,000,000) ~OMMON STOCK. (FILE 33-35390 - JUN. 13) (BR. 9)

S-8 SUN SPORTSWEAR INC, 6520 SOUTH 190TH ST, KENT, WA 98032 (206) 251-3565 - 400,000 ($4,300,000) COMMON STOCK. (FILE 33-35395 - JUl. 13) (BR. 7) S-4 DRUG GUILD DISTRIBUTORS INC, 350 MEADOWLAND PKWY, SECAUCUS, NJ 07094 (201) 348-3700 - $7,025.975 COMMON STOCK. $11,940,364 COMMON STOCK. (FILE 33-35396 - JUN. IS) (SR. 4)

NEWS DIGEST, June 21, 1990 5 REGISTRATIONS CONT.

S-3 MILLER HERMAN INC. 8500 BYRON RD. ZEELAND. MI 49464 (616) 112-3300 - 1.380.000 ($28.111.500) COroKlN STOCK. (FILE 33-35391 - JUII. 13) (BR. 6) S-1 DEVELOPERS OF EIIERGY SYSTEMS CORP. 100 IIBLACK HORSE PIKE. WILLIAMSTOWN, NJ 08094 (609) 629-0100 - 100,000 ($2,000,000) PREFERRED STOCK. 25,000 ($400,000) PREFERRED STOCK. 2,500,000 ($2,500,000) PREFERRED STOCK. (FILE 33-35398 - JUN. 13) (BR. 10) S-8 PULSE BANCORP INC. 6 JACKSON ST, SOUTH RIVER, NJ 08882 (201) 257-2400 - 169,016 ($1,751,141) COroKlllSTOCK. (FILE 33-35399 - JUII. 13) (BR. 1)

5-3 FIRSTIER FINANCIAL INC INEI, 1700 FARNAM ST, OMAHA, NE 68102 (402) 348-6000 - 726,752 ($28.888.392) COMMON STOCK. (FILE 33-35400 - JUN. 13) (BR. 2)

S-4 LTX CORP, LTX PARK AT UNIVERSITY AVE, WESTWOOD, MA 02090 (617) 461-1000 - 19,950,000 ($13,381,500) CONVERTIBLE DEBENTURES AND NOTES. (FILE 33-35401 - JUN. 13) CBR. 8)

S-l DIGITAL SYSTEMS IIITERNATIONAL INC, 1659 118TH PL liE, REDIDIID, WA 98052 (206) 881-7544 - 118,250 ($2,128,500) COMMON STOCK. (FILE 33-35402 - JUN. 14) (BR. 1) S-3 COLOROCS CORP IGAI, 4501 N TAMIAMI TRAIL STE 216, NAPLES. FL 33940 (404) 840-6500 - 400,000 ($2.400,000) COMIDII STOCK. (FILE 33-35403 - JUII. 14) (BR. 12)

S-8 DISNEY WALT CO. 500 5 BUENA VISTA ST. BURBANK, CA 91521 (818) 560-1000 - 525.250 ($65,000,000) COMMON STOCK. (FILE 33-35405 - JUN. 14) (BR. 11) S-3 LEOS INDUSTRIES IIIC, 2575 EL PRESIDIO ST, LONG BEACH, CA 90810 (213) 537-7010 - 497.948 ($9.180,916.20) COMMON STOCK. (FILE 33-35406 - JUl. 14) (BR. 1)

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 13G 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.

EVENT SHRS(OOO)/ CUSIP/ FILING NAME AND CLASS OF STOCK/OWNER FORM DATE \OWNED PRIOR\ STATUS

A D C TELECOMMUNICATIONS COM 905 00088610 STATE OF WISCONSIN INVEST BD 13D 6/ 8/90 6.8 5.4 UPDATE

AMREP CORP NEW COM 1,070 03215910 BEDFORD PETER B 13D 6/15/90 16.2 8.7 UPDATE

BIO MEDICUS INC COM 448 09056910 STATE OF WISCONSIN INVEST BD 13D 6/11/90 5.9 9.4 UPDATE

6 NEWS DIGEST, June 21, 1990 CELLTRONICS INC COM PAR $0.01 517 15115730 EASTERLING PERRY W 130 4/25/90 14.6 0.0 NEW

CITINATIONAL DEV TR SH BEN INT 37 17305910 LOGAN DAVID S TRUSTEE 130 6/ 4/90 6.1 0.0 NEW

COBE lABS INC COM 6,549 19089310 GAMBRO AKTIEBOLAG ET AL 140-1 6/19/90 99.9 0.0 UPDATE

COMMUNICATIONS GROUP INC COM 2,324 20339510 HUNNEWELL FRANCIS 0 ET AL 130 5/31/90 43.0 22.8 UPDATE

CONCORD CAMERA CORP COM 2,135 20615610 BENUN JACK C 130 5/21/90 53.4 54.5 UPDATE

CONTINENTAL GOLD CORP NEW COM 740 21199410 RIO ALGOM LTD 130 ·6/14/90 8.9 7.7 UPDATE

DATA DIMENSIONS INC COM 2,000 23765410 BAY PARTNERS IV ET AL 130 6/ 8/90 53.9 0.0 NEW

EA ENGR SCIENCE&TECHNOLOGY I COM 155 26791110 STATE OF WISCONSIN INVEST BD 130 6/ 8/90 6.3 0.0 NEW

EAGLE EXPL CO COLO COM 231 26951010 BROWN NORMAN K TRUSTEE ET AL 130 6/12/90 7.2 7.1 UPDATE

ELECTRONIC CLEARING HOUSE IN COM 13,903 28556210 BARRY JOEL M ET AL 130 2/ 9/90 36.0 31. 3 RVSION

EXPLORATION CO COM 20,000 30213310 WESTERN EXPL PTY LTD ET AL 130 5/22/90 16.8 16.8 UPDATE

GENERAL CINEMA CORP COM 2,920 36935210 GAMCO INVESTORS INC ET AL 130 6/15/90 4.2 0.0 NEW

GLOBAL MARINE INC COM 4,439 37935240 NORSK VIKINGOLJE A S 130 6/ 5/90 4.4 6.5 UPDATE

GLOBAL OCEAN CARRIERS LTD COM 252 37935710 TSAKOS PANAYOTIS ET AL 130 6/ 1/90 8.4 0.0 NEW

GREENWICH FINANCIAL CORP COM 132 39682910 FITZGERALD BRIAN 0 130 6/ 5/90 5.0 0.0 NEW

NEWS DIGEST, June 21, 1990 7 ICM PROPERTY INVESTORS INC COM 1,647 44928010 BEDFORD PETER B 13D -6/15/90- 30.1 28.6 UPDATE

LIFETIME CORP COM NEY 776 53191120 KHALIFA RIDA H 13D 6/13/90 9.6 11.4 UPDATE

MENTOR CORP MINN COM 790 58718810 FMR CORP 13D 6/ 7/90 7.4 8.6 UPDATE

MID COAST BANCORP COM 15 59526210 WILLIAMSON ROBERT T JR 13D 6/15/90 7.5 6.5 UPDATE

NORTANKERS INC COM 692 65655010 FIDELITY INTL LTD 13D 6/ 7/90 12.8 0.0 NEW

NORTANKERS INC COM 692 65655010 FMR CORP 13D 5/11/90 12.8 10.0 UPDATE

NOSTALGIA NETWORK INC COM NEY 3,246 66975230 CROWN COMMUNICATIONS CRP ET AL 13D 6/ 8/90 28.0 55.8 UPDATE

OUTBOARD MARINE CORP COM 1,882 69002010 STATE OF WISCONSIN INVEST BD 13D 6/ 8/90 9.7 6.6 UPDATE

P & FINDS INC CL A NEW 429 69283050 SOHACHESKI JAIME 13D 6/14/90 18.9 18.2 UPDATE

PACIFIC AGRICULTURAL HLDGS I COM 6,616 69376110 BRACKPOOL KEITH 13D 5/24/90 36.1 6.5 UPDATE

PACIFIC AGRICULTURAL HLDGS I COM 6,616 69376110 FISHER ALBERT GRP PLC 13D 5/24/90 36.1 25.8 UPDATE

PETROLEUM INVTS LTD DEPOSITORY UNT 1,003 71661510 BOSWELL LEE Y ET AL 13D 6/ 8/90 6.0 4.8 UPDATE

PETROLEUM INVTS LTD DEPOSITORY UNT 1,003 71661510 SOUTHERN PRODUCTION CO 13D 6/ 8/90 6.0 0.0 NEW:

PHOENIX NETWORK INC COM 372 71891010 YETTREICH HERITAGE TRUST 13D 6/14/90 5.1 6.6 UPDATE

8 NEWS DIGEST, June 21, 1990 PRECISION TARGET MKTG INC COM , 831 74033010 CESPEDES OSCAR" M 13D 5/21/90 6.5 7.5 UPDATE

RABBIT SOITWARE CORP COM 10,740 74991110 SAFEGUARD SCIENTIFICS 13D 6/ 8/90 54.6 53.5 UPDATE

ROBERTSON H H CO COM 1,576 77055310 BROWN ALICE MEYER ET AL 13D 6/ 8/90 24.9 0.0 NEW

SFFED CORP COM N/A 78413210 STATE OF WISCONSIN INVEST BD 13D 6/ 8/90 N/A 5.2 UPDATE

SKYLINE CHILI INC COM 245 83082110 KAGLER WILLlAM G ' 13D 6/ 7/90 7.5 0.0 NEW

TOKHEIM CORP COM 531 88907310 STATE OF WISCONSIN INVEST BD 13D 6/ 7/90 8.3 6.8 UPDATE

TRILOS CORP COM 2,400 89620310 FINANCE GROUP ET AL 13D 4/11/89 49.0 0.0 NEW

UNION CORP DEL COM 837 90607210 AMERICAN DIV ENTERPRISE ET AL 13D 6/12/90 12.0 13.6 UPDATE

VITALINK COMMUNICATIONS CORP COM 854 92847010 STATE OF WISCONSIN INVEST BD 13D 6/11/90 6.5 5.3 UPDATE

WARREN BANCORP INC COM 340 93471010 CAMELLIA INVESTMENTS PLC ET AL 13D 6/ 5/90 9.7 9.0 UPDATE

WEBSTER FINL CORP' CONN COM 311 94789010 TWEEDY BROWNE CO L P ET At 13D 6/12/90 8.3 8.8 UPDATE

WHOLESALE CLUB INC COM 456 96683810 FIDELITY INTL tTD 13D 6/ 4/90 5.9 0.0 NEW

WHOLESALE CLUB INC COM 456 96683810 FMR CORP 13D 6/ 1/90 5.9 1.6 UPDATE

NEWS DIGEST, June 21, 1990 9 " """""" RECENT 8KJ'ILINGS

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 S. 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/or amendments to 8-K reports previously filed, responding to the item(s) of the fdrm specified. Copies of the reports may be purchased fro. 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.

8K REPORTS CONT. ITATE • 1".10. lAME OF ISSUER CODE I.•...... ••••I I • • • , • DATE CO_IT lIGHT------~~ FLIGHT EITERTAIllElT ne IV -X X I I ------01/011.0 ------IL IIDUSTRIES lie IJ I 01114190 10RTH LILY .xIIIG co UT I I 01115190 10RTH.EST GOLD lie .Y x 01111/.0 OVERTHRUST OIL ROY~LTY CORP co X 06/U/90 OXFORD eOISOLIDATED lie IV X • I 01101/10 OZO DIVERSIFIED AUTO~TIOI lie ICO/ CO I 05124190 PARLUX FRAGRAleES lie DE I 011081.0 PEERLESS PRODueTIOIS LTD lie FL 101TE. OS/25110 A.ID PEGASUS GYIIASTICS EqUIPIEIT IIC UT I I 01108110 PEOPLES BAIIIIG CORP /GAI GA X I 01114110 PEOPLES EIERGY CORP IL I 01108110 PEOPLES GAS LIGHT & COlE CO IL I 011081.0 PETRO GLOBAL lie CD I I 01/01/.0 PLAIIS PETRDLEU. CO DE I I 01/10190 A.ID POLYMER RESEARCH CORP OF AIERICA If X 01104/10 RCSB FASTBACS 1,•• lF GRAITDR TRUST I 01115/.0 RCSB l"'-A GRAITDR TRUST I 01115110 RCSB 1.,0-A GRAITDR TRUST r 01115110 ROCHESTER GAS & ELECTRIC CORP IV I , 01/14110 RDCIEFELLER CEITER PROPERTIES IIC DE X I 05/22/.0 RUBY IIIlnG CD CD I 01/111.0 SAY PACIAGIIG IIC ~ I I 01107/.0 SAlTA FE FIlalCIAL CORP IV I I 05/11/.0 SCFC AUTDIDBILE LOAI TRUST 1"'-1 IL 10 ITI. 05/07/00 SCFC HOlE EqUITY LOAI TRUST 1••• 1 DE I I 01/15190 SEAHaWI DEEP DCEAI TECHIOLDGY IIC CO I r 011111.0

10 NEWS DIGEST, June 21, 1990 8K REPORTS CONT.

STATE 81CITEM NO. NAME OF ISSUER CODE 123 4 5 6 7 8 DATE COMMEIY ------SEARS CREDIT ACCOUNT TRUST 1.88 A IL X X 06115/90 SEARS CREDIT ACCOUNT TRUST 1.8. B IL X X 06/15/90 SEARS CREDIT ACCOUNT TRUST II•• C IL X X 06/15/90 SEARS CREDIT ACCOUNT TRUST tl.1 A IL X X 06/15/.0 SEARS CREDIT ACCOUNT TRUST tl81 8 IL X X 06/15/90 SEARS CREDIT ACCOUNT TRUST 11.1 C IL X X 05/15/90 SEARS CREDIT ACCOUNT TRUST 11.1 E IL X X 05115190 SEARS CREDIT ACCOUNT TRUST 11'1-0 IL X X 06/15/90 SEARS CREDIT ACCOUNT TRUST 1110 A Il X X 06/15/.0 SEARS CREDIT ACCOUNT TRUST 1.10 8 IL X X 06/15190 SHAWMUT NATIONAL 1988 A GRAITOR TRUST X 06/01190 SHIRT SHED I1C DE X 05/291.0 SIKES CORP IFLI FL X X X 06/08/90 SIS CORP OH X 05/31/90 SOUTHLAND CORP TX X X 06/14190 SPORTSPARIC OF AMERICA lie DE NO ITEMS 02/23/90 AMElD TECHNOLOGY 80 INC X 06/07/90 TELTRONICS I1C •DE X 01/11/90 AMEND TELVUE CORP DE X X 01/01/90 TEXTRON I1C DE X X 01/18190 THERMD ELECTRON CORP DE X X 06/13/90 THERMD INSTRUMENT SYSTEMS lie 1M X X 06;13/90 TRANS PACIFIC BAICORP CA X 05/25/.0 THANSCOLOR CORP DE X 03/31/10 AMEND TRANSTECHNOLOOY CORP DE X X 05/31/90 TRUMrS CASiLE FUNDING lie IJ X X 06/15/10 U 5 SHELTER CORP IDEI DE X 01107/10 UIION PLAITERS CORP TN X X X 05/31/90 UNIPROP MANUFACTURED HOUSING COMMUIITIES III X 06/07110 UNIPROP MANUFACTURED HOUSIIG eOMMUIITIES III X 01/07/10 UIITED BAleORP 10RI OR X X 05123/10 US ENERGY CORP WY X 01/07/10 US EIERGY CORP WY X 01/11190 VALLEY NATIONAL BAICORP IJ X X 01/15/10 W W CAPITAL CORP IV X 01/08110 WASHINOTON BANeORPORATIOI DE 10 ITEMS 03/07/10 AMEID WASHIIOTOI COUITY SAICSHARES IIC TX X 05111/90 WESTERI UIION CORP IIYI IV X X 06114/90 WESTVAeo ceRP DE X X 05115/.0 WETTERAU PROPERTIES I1C ., X 03/301.0 AMEID WORTH CORP IV X 04/02/.0 AMEID

NEWS DIGEST, June 21, 1990 11 12 NEWS DIGEST, June 21, 1990