SEC News Digest, 01-13-1989 · 2 NEWS DIGEST, January 13, 1989. SELF-REGULATOIY ORGANIZATIONS...

8
sec new~ ........ Issue 89-9 JAN 17 1989 U.S. S£CURiTlE~ AND EXCAAt\GE COMMiSSION COMMISSION ANNOUNCEMENTS JOINT RELEASE ISSUED BETWEEN JAPANESE MINiSTRY OF FINANCE, SECURITIES BUREAU, AND SEC The Commission yesterday issued a joint release with the Secur ities Bureau of the Japanese Ministry of Finance. The release reaffirms cooperation between the two, and traces developments between the two markets since May 23, 1986, the date of the sign- ing of a Memorandum of Understanding between the two agencies. (Press Release 89-3) COMMISSION TO CLOSE JANUARY 16 AND 20 Reminder: As previously announced, the Commission will be closed on Monday, January 16 in honor of Martin Luther King's birthday, and on Friday, January 20 in honor of the inauguration of the President of the United States. ADMINISTRATIVE PROCEEDINGS NASD ACTION AGAINST COSSE' INTERNATIONAL SECURITIES, INC. AND CHARLES B. COSSE' AFFIRMED The commission affirmed sanctions imposed by the NASD on Cosse' International Securi- ties, Inc., a Seattle brokerage firm, and its owner and board cha irman, Charles B. Cosse'. The NASD censured respondents and fined them $15,000, jointly and severally. The Commission found, as had the NASD, that respondents attempted to escape liability to certain customers by improper means. Customers who purchased bullion from the firm were led to believe that the firm was taking responsibility for their purchases which were stored out of state to avoid Washington sales taxes. Unknown to the custo- mers, the firm stored their bullion with Phoenix Precious Metals (PPM), an Arizona company from which the firm had purchased the bullion. When respondents learned facts that led them to believe that PPM might not be able to deliver the bullion stored with it, they attempted to shift all responsibility for the bullion to their customers without disclosing the information they had learned about PPM. The Commission stated, -(Respondents') whole course of conduct amounted to an exercise in deception. As such, it was plainly inconsistent with just and equitable principles of trade.- (Rel. 34-26424) NASD ACTION AGAINST CURTIS I. WILSON AFFIRMED The Commission affirmed sanctions imposed by the NASD on Curtis I. Wilson, of Redmond, Washington, who was associated with a former NASD member firm. The NASD censured Wilson, fined him $15,000, suspended him from association with any NASD member for one year, and required him to requalify as a registered representative. The Commission found, as had the NASD, that, during a six-month period in 1983, Wilson made unsuitable recommendations to a custmoer, an elderly widow. Wilson disregarded the customer's financial situation and needs by converting her conservative, income- producing portfolio into non-income-producing, speculative securities, a substantial portion of which were purchased on margin. Every stock that Wilson purchased for the customer was either a new issue that his firm was underwriting or a security in which it was making a market. The Commission also found that Wilson effected unauthorized transactions in the same customer's account while she was out of the country. It furtner found that, although Wilson knew it was improper, he guaranteed another customer against loss in connection with the customer's purchase of a security on Wilson's recommendation. (Rel. 34-26425)

Transcript of SEC News Digest, 01-13-1989 · 2 NEWS DIGEST, January 13, 1989. SELF-REGULATOIY ORGANIZATIONS...

Page 1: SEC News Digest, 01-13-1989 · 2 NEWS DIGEST, January 13, 1989. SELF-REGULATOIY ORGANIZATIONS NOTICE OF PROPOSED RULE CHANGES A proposed rule change has been filed under Rule 19b-4

sec new~........Issue 89-9

JAN 1 7 1989

U.S. S£CURiTlE~ AND EXCAAt\GE COMMiSSIONCOMMISSION ANNOUNCEMENTS

JOINT RELEASE ISSUED BETWEEN JAPANESE MINiSTRY OF FINANCE,SECURITIES BUREAU, AND SEC

The Commission yesterday issued a joint release with the Secur ities Bureau of the Japanese Ministry of Finance. The release reaffirms cooperation between the two, and traces developments between the two markets since May 23, 1986, the date of the sign-ing of a Memorandum of Understanding between the two agencies. (Press Release 89-3)

COMMISSION TO CLOSE JANUARY 16 AND 20

Reminder: As previously announced, the Commission will be closed on Monday, January 16 in honor of Martin Luther King's birthday, and on Friday, January 20 in honor of the inauguration of the President of the United States.

ADMINISTRATIVE PROCEEDINGS

NASD ACTION AGAINST COSSE' INTERNATIONAL SECURITIES, INC. AND CHARLES B. COSSE' AFFIRMED

The commission affirmed sanctions imposed by the NASD on Cosse' International Securi-ties, Inc., a Seattle brokerage firm, and its owner and board cha irman, Charles B. Cosse'. The NASD censured respondents and fined them $15,000, jointly and severally.

The Commission found, as had the NASD, that respondents attempted to escape liability to certain customers by improper means. Customers who purchased bullion from the firm were led to believe that the firm was taking responsibility for their purchaseswhich were stored out of state to avoid Washington sales taxes. Unknown to the custo-mers, the firm stored their bullion with Phoenix Precious Metals (PPM), an Arizona company from which the firm had purchased the bullion. When respondents learned facts that led them to believe that PPM might not be able to deliver the bullion stored with it, they attempted to shift all responsibility for the bullion to their customers without disclosing the information they had learned about PPM.

The Commission stated, -(Respondents') whole course of conduct amounted to an exercise in deception. As such, it was plainly inconsistent with just and equitable principles of trade.- (Rel. 34-26424)

NASD ACTION AGAINST CURTIS I. WILSON AFFIRMED

The Commission affirmed sanctions imposed by the NASD on Curtis I. Wilson, of Redmond, Washington, who was associated with a former NASD member firm. The NASD censured Wilson, fined him $15,000, suspended him from association with any NASD member for one year, and required him to requalify as a registered representative.

The Commission found, as had the NASD, that, during a six-month period in 1983, Wilson made unsuitable recommendations to a custmoer, an elderly widow. Wilson disregardedthe customer's financial situation and needs by converting her conservative, income-producing portfolio into non-income-producing, speculative securities, a substantial portion of which were purchased on margin. Every stock that Wilson purchased for the customer was either a new issue that his firm was underwriting or a security in which it was making a market.

The Commission also found that Wilson effected unauthorized transactions in the same customer's account while she was out of the country. It furtner found that, although Wilson knew it was improper, he guaranteed another customer against loss in connection with the customer's purchase of a security on Wilson's recommendation. (Rel. 34-26425)

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-CIVILPROCEEDINCS

TIMOTHY L. SASAK ENJOINED

The Commission announced that on January 3 U.S. District Court Judge Paul G. Rosenblatt entered a Final Judgment of Permanent Injunction against Timothy L. Sasak of Paradise Valley, Arizona. On December 28, 1988, the Commission filed a Complaint in the Phoenix federal court against Sasak and Avanti Associates First Mortgage Fund 84 Limited Partnership, a company controlled by Sasak. Avanti is required to file periodic reports with the commission. Without admitting or denying the Complaint'sallegations, Sasak consented to the Final Judgment which permanently enjoins him from violations of the antifraud and the representations to independent auditors provisionsof the securities laws as well as from the filing provisions applicable to issuers.

The Complaint alleges that Sasak obtained approximately $674,165 from a kickback scheme that was not disclosed to investors. According to the Complaint, Sasak caused Avanti to include false financial statements in quarterly and annual reports filed with the Commission.

[The Commission acknowledges the substantial assistance provided by the Arizona Cor-poration Commission, Securities Division, in the investigation of this matter.)(SEC v. Avanti Associates First Mortgage Fund 84 Limited Partnership, et a1., USDe DAZ, Civil 88, 2124 PBX PGR). (LR-11961, AAER-214)

INVES1lENT COMPANY ACT RELEASES

PRUDENTIAL-BACHE GLOBAL FUND, INC.

An order has been issued exempting Prudential-Bache Global Fund, Inc. and Prudential-Bache Research Fund, Inc. from the provisions of Section 12(d)(3) of the Investment Company Act to permit them to invest in equity and convertible debt securities issued by certain foreign securities companies under certain conditions. (Re!. IC-14647 -Jan. 10)

PARK AVENUE NEW YORK TAX EXEMPT MONEY MARKET FUND, INC.,OPPENHEIMER CHALLENGER FUND

Orders have been issued declaring that Park Avenue New York Tax Exempt Money Market Fund, Inc., and Oppenheimer Challenger Fund have ceased to be investment companies.(ReI. IC-16748, IC-16749 - Jan. 10)

.ELAN FUNDS, INC.

A notice has been issued giving interested persons until February 3 to request a hear-ing on an application filed by Elan Funds, Inc. for an order permitting the issuance and sale of two classes of shares in each investment portfolio differing only in divi-dend record dates. (ReI. IC-16750 - Jan. 10)

HOLD.,. COMPANY ACT RELEASES

THE CONNECTICUT LIGHT AND POWER COMPANY

An order has been issued authorizing Connecticut Light and Power Company (CL&P) and Western Massachusetts Electric Company (WMECO), subsidiaries of Northeast Utilities,to continue current authorizations for them to issue and assume, for five year periods, unsecured indebtedness having maturities of less than ten years in excess of the present 10% limitation as set forth in the Certificate of Incorporation of CL&P and in the By-Laws and Articles of OrganiZation of WMECO, but not to exceed 20% of total capitalization. An order authorizing the solicitation of proxies for the specialmeeting of holders of both preferred stock and Class A preferred stock on January 25 was issued on November 23, 1988. (ReI. 35-24803 - Jan. 10)

2 NEWS DIGEST, January 13, 1989

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SELF-REGULATOIY ORGANIZATIONS

NOTICE OF PROPOSED RULE CHANGES

A proposed rule change has been filed under Rule 19b-4 by: The Options Clearing Cor-poration (SR-OCC-88-9) to enable clearing members to deposit escrow receipts with OCC in lieu of margin on short Index Participation positions carried for the accounts of customers. (ReI. 34-26435); and The Government Securities Clearing Corporation (SR-GSCC-88-4) to make comparisons issued by it the sole comparison for all correctlycompared trades filed by GSCC participants. (ReI. 34-26437); and The Stock Clearing Corporation (SR-SCCP-88-2) to authorize it to amend its By-Laws in order to allow its Boards of Directors to convene its meetings outside the Commonwealth of Pennsylvania. (ReI. 34-26439)

Publication of the proposals are expected to be made in the Federal Register during the week of January 9.

APPROVAL OF PROPOSED RULE CHANGE

The Commission approved a proposed rple change filed by the American Stock Exchange(SR-Amex-88-27) that requires timely responses to Exchange requests for information and clarifies Exchange policy regarding cooperation with domestic and foreign self-regulatory organizations. (ReI. 34-26436)

IMMEDIATE EFFECTIVENESS OF PROPOSED RULE CHANGE

The Philadelphia Depository Trust Company filed a proposed rule change which has become effective under Section 19(b)(3)(A) of the Securities Exchange Act of 1934. The proposal (SR-PHILADEP-88-2) authorizes PHILADEP to amend its By-Laws in order to allow its Board of Directors to convene its meetings outside the Commonwealth of Penn-sylvania. (ReI. 34-26438)

$EeURmES ACT REGISTRATIONS

The following registration statements have been filed with the SEC under the Securi-ties 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 state.ent is a New Issue.

$-18 NATURES UP CORP, 98-09 JAMAICA Ave, WOODHAVEN, NY 11~21 (718) 805-~625 - 30,000,000($600,000) COMMON STOCK. 30,000,000 ($1,800,010) COMMON STOCK. 30,000,000($3,000,000) COMMON STOCK. 3,000,000 ($72,000) COMMON STOCK. 3,000,000 ($30) WARRANTS, OPTIONS OR RIGHTS. UNDERWRITER: MONARCH FUNDING CORP. (FilE 33-26321-NY -DEC. 30) (BR. 11 - NEW ISSUE)

$-1 MERRILL LYNCH lIFE INSURANCE COMPANY, PARK Pl, SEATTLE, WA 98101 (202) 292-9928 -$200,000,000 EQUIPMENT TRUST CERTIFICATES. (FilE 33-26322 - JAN. 03) (BR. 9 - NEW ISSUE)

N-2 FRANKliN TAX FREE ADVANTAGE FUND, 111 MARINERS ISLAND BLVD, SAN MlTEO, CA 94404 (415) 570-3000 - 1,000,000 ($10,000,000) COMMON SHARES OF BENEFICIAL INTEREST. (fiLE33-26359 - DEC. 30) (8R. 18 - NEW ISSUE)

$-3 AMERICAN INFORMATION TECHNOLOGIES CORP, ]0 , ~ACKER DR, CHICAGO, lL 60606 (312) 750-5000 - ~,OOO,OOO ($381,~80,000) COMMON STOCK. (FILE 33-26366 - JAN. 03) (8R. 7)

5-18 STEINWAY CAPITAL CORP, 2665 S 8AYSHORE DR SJE 902, COCONUT GROVE, Fl 33133 (305) 854-1234 - 250,000 ($2,500,000) COMMON SlOCK. 2,500,000 ($4,875,000)COMMON STOCK. (FilE 33-26318-A - DEC. 28) 18R. 12)

$-1 INSIGHT CAPITAL CORP, 33 KINGS CT, FORT lEE. NJ 0102~ (ZOl) 585-2929 - 16~,883,OOO($82,101,000) STRAIGHT BONOS. (FILE 33-26402 - JAH. 03) (BR. 12 - NEW ISSUE)

S-3 BRISTOL GAMING CORP, 2900 S HIGHLAND OR, BLDG 18 B, LAS VEGAS, NV 89109 (102) 369-3424 - 2,212,~3 ($2,772,~1) COMMON STOCK. (FILE 33-Z6~01 - JAN. 04. CSR. 12)

NBNS DIGBST, January 13, 1989 3

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S-2 AMERICAN WESTERN CORPIDE, 1208 W ELKHORN, POBOX 5009, SIOUX FAllS, SO 57111 (605) 334-0334 - 544,444 ($5,116,662) COMMON srOCK. (fiLE 33-26408 - JAN. 04) (BR. 8)

S-6 SEARS CORPORATE JNVESTMENT TR MULTI CURRENCY PORTfOLIO SER 2, TWO WORLD TRADE CNTR,CIO DEAN WITTER REYNOLDS INC, NEW YORK, NY 10~8 - 6,600 ($6,930,000. UNIT INVESTMENT TRUST. DEPOSITOR: DEAN WITTER REYNOLDS INC. (FILE 33-26421 - JAN. 05)(BR. 22 - NEW ISSUE)

S-6 SEARS CORPORATE INVESTMENT TR MULTI CURRENCY PORTFOLIO SER 3. TWO WORLD TRADE CNTR. ClO DEAN WITTER REYNOLDS INC. NEW YORK, NY 10068 - 6,600 ($6,930,000) UNIT INVESTMENT TRUST. DEPOSITOR: DEAN WITTER REYNOLDS INC. (FILE 33-26422 - JAN. 05) (BR. 22 - NEW ISSUE J

S-8 fIBREBOARD CORP IDE, 1000 BURNETT AVE, CONCORD, CA 94520 (415) 686-0700 - 250,000($4,815.000) COMMON STOCK. (FILE 33-26449 - JAN. 03) (BR. 9.

S-8 FIBREBOARD CORP IDE, 1000 BURNETT AVE, CONCORD, CA 94520 (415) 686-0700 - 350,0001$6.825.000) COMMON STOCK. (FilE 33-26450 - JAN. 03. (SR. 9 - NEW ISSUE)

S-4 OLD NATIONAl 8ANtoRP, 420 MAIN ST, EVANSVILLE. IN 47708 C812) 464-1200 - 519,120($4,327,000) COMMON STOCK. (FILE 33-26451 - JAN. 04) (BR. 1)

S-8 TIGER INTERNATIONAL INC, 7401 WORLD WAY WESI, LOS ANGELES, CA 90009 (213) 417-1081- 1,000,000 ($14,516,563' COMMON STOCK. IflLE 33-26452 - JAN. 04) IBR. 3.

S-1 FRANKLIN AMERICAN CORP, 1915 COLUMBIA AVE, fRANKLIN, TN 31065 (615) 790-0464 -2,000,000 ($14,000,000) COMMON STOCK. (FILE 31-26453 - JAN. 041 (SR. 10 - NEW ISSUE)

$-8 PIONEER FINANCIAL SERVICES INC IDE, 304 NORlH MAIN ST, ROCKFORD, IL 61101 C81S) 987-5000 - 180,000 1$1,980.000) COMMON SlOCK. (FILE 33-26455 - JAN. 04) (BR. 9)

S-3 HANDLEMAN CO IMII, 500 KIRTS BLVD, PO BOX 1145, TROY, MI 48007 (313) 362-4400 -685,950 ($14,447,821' COMMON STOCK. (FILE 33-16456 - JAN. 04) (BR. 7)

S-2 INTERNATIONAL SHIPtIlLOING CORP, 650 POYORAS ST, NEW ORLEANS, LA 10130 (504) 529-546-- 920,000 ($15,870,000) COMMON STOCK. (FILE 3J-26451 - JAN. 04) (BR. 4)

ACQUIsmONS OF SECURmES

Companies and individuals must report to the Commission within ten days on Schedule 130 if after the acquisition of equity securities of a public company their benefi-cial interest therein exceeds five percent. Persons eligible to use the short form (Schedule 13G) may in lieu of filing a Schedule 130 file a Schedule 13G within 45 days after the end of the calendar year in which the person became subject to section 13(d)(1). Companies and individuals making a tender offer must have on file at the time the tender offer ca.aences a Schedule 14D-1.

Below is a list of recent filings of Schedules 13D and 140, 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, Coluan 4 - the date the transaction occurred, Column 5 - the current number of shares (in OOO's) owned (top) and the current percent owned, Colu.n 6 - the CUSIP nuaber (top) and the prior percent owned, and Column 7 - the status of the filing, i.e., new, update or revision.

EVEtH :HP~' 0(0) . CU~ IP/ FILIriG NAME AND ClA~S OF STOCIt/O"'t~ER FDPM DATE \DlrltiED PPIDR\ 3TATU:,

A M E INC COM 1,22,? (I(I167E.10A M E INC ESOP ET Al 13D 12-2;'-88 24.~ O. (I PV:ION

AlCO HEALTH SVCS CORP COM ';.170 01375010 AH:C ACGIUI~IT ION AL 1/ '?-8'? 48.5 100. (I IONET 14D-l "·V::

ALUBEC INDO' INC COM 468 02190110 CASPER E JEFFREY 13D 12 ...23 .. :38 6., 0.0 NE'\'

AlLiBEC IND~ INC COM 2,933 021'~0110 SANIILER LESL IE M 13D 1/ 5/89 41.2 0.0 NE ...'

NEWS DIGBST, January 13, 1989

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ACQUISITIONS REPORTS CORT.

AME~ ICAN UtiDE~klPITEPS STUART CHARLES E

INC COM 13D

AVATAP HLDGS INC HADRIAN CORP

COM 13D

AVATAR HLDGS INC LEVY LEON ET AL

COM 13D

AVA TAP HLDG~ INC ODYSSEY PARTNERS

COM 13D

AVATAR HLDGS 11K SHARP PETER

COM 13D

BIG BEAR VALUE

INC EQUITY ASSOC ET AL

COM 13D

BID MEDICUS INC MEDTRONIC

COM 13D

CAMEPON IRON llIOPI<~HLDG TEXA:: CHILDREN: HO~P

INC COM 13D

CHAMPION MALSH

PRODS INC GREENI.IODI'~. CO ET AL

COM 13D

C ITIPOS TAL IoIEINEPLOUIS

COM PAP $0.04 13D

COMDIAl COPP COM PACIFIC TELECOM. IHC 13D

COMPUTER CON~OLES. HiC COM S.TC PLC ET AL 14D-1

DATAV IS: IOH INC MICH COM LIHE"BEPGER JAME~ E 13D

EOUITEC FINL GROUP INC COM INNER PACIFICORP 13I1

FIR~T CONTL REAL ESTATE INVT SH BEN INT DANIEL$ W E ET AL 13D

FIRST FINANCIAl CORP/TX COM MANN ROBERT A ET AL 13D

FISHEP SCIENTIFIC GROUP INC COM HENLEY GRP 13D

FLO~AFAX INTL INC COM SE~VICE COpp INTL ET AL 13I1

GREAT AMERN MGMT ~ INVT INC COM PAR $0.01 EQUITY HOLDINGS 13D

HENLEY MFG CORP COM HENLEY GPP 13D

INTEGRATED RES INC COM ICH CO~P ET AL 13D

f(EY PRODTN INC COM APACHE CO~P 13D

I<OMAG INC COM ASAHI GLASS CO LTD 13D

12/28/88

12/28/88

12/28/88

12/28/88

12/28/88

1/ ~/8-:'

12/30 8e

12,31/88

1,10/89

12/22'88

12/30/88

1/11/8<=1

12,29,88

12/2':V88

12/ 6,88

12/2-;'/88

12/31/88

12/28/88

12/30/88

12/31/88

1/ 4/89

12/30/88

1/ 3/89

128 27.4

2.354 30.9

107 1.4

3,28543.1

3.300 43.3

843 ~.4

427 7.4

20349 7.7

737 21.5

3.193 31.3

2.497 13. '?

18.023 100.0

h210 11.9

2,45049.5

2('26.('

2 0.9

29,390 80.7

620 11.5

10.385 100.0

5.708 51.8

714 9.5

1,53412.1

10400 11.7

03034120 9.2 UPDATE

05349410 54.0 UPDATE

05349410 0.0 NElli

0'534941(: 54.4 UPIIATE

05349410 54.6 UPI'ATE

08900910 2;:.9 UPDATE

090'56910 10.0 UPDATE

13342':'10 0.0 I"iEI.oI

15862710 21.2 RV~ION

1('2':'0720 0.0 NEloI

20033210 37.4 UPDATE

2050031 (I 53.0 UPDATE

23815510 13.1 UPDATE

29458810 50.5 UPDATE

32001<=110 6.0 UPDATE

320222~':I 49.8 UPIIATE

33803010 0.0 NEW

33982510 18.6 UPDATE

38~8<=1320 100.0 UPI'ATE

42550410 0.0 NEW

45812410 9.5 UPDATE

49313810 11.2 UPDATE

'50045310 0.0 NEW

RBWS DIGBST, January 13. 1989 5

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ACQUISITIONS RBPORTS CONT.

MEDIA GEN BARR IS

INC INDS. ET AL

CL A o 0.0

'58440410 10.0 UPDATE

MICRO D INC INGRAM IND~ ET AL

COM 4.245 58.8

59482510 58.8 UPDATE

NCC INIIU:::TRIE::INC TR IUMPH INTL L TIl ET AL

COM 13D 12 ' 31/88

3,49673.8

62883410 73.8 UPDATE

NMS REHABILITATION E ~ H INVESTMENTS

COM 13It 12/20/88

5,400 62928810 ":'2.8 O. 0 NE~I

NICHOLS S E INC BRECkER ANNE ET AL

COM 2,35350.3

65380.310 8.8 UPDATE

HUCLEAP DATA INC CANBERRA INDUSTRIES

COM 250 10.0

":'7025010 0.0 NEW

ORBIT IN~TR CORP EASTON HOP~IN~ PRT ET AL

COM 1,50E.15.8

":'8555910 16.4 UPDATE

PE"NNI.IALT CORP CENTAUP PARTNER:

COM 1,00012.7

;-'093171012.4 UPDATE

PLAZA LOMMUNICATION~ CRO!;S THEODORE L

INC COM 1,01029.0

72814-:-10 27.4 UPDATE

PIJBC0 CORP KANNER ROBERT H ET AL

COM 13,07439.S

744.3('81037.0 UPDATE

READING CD HECCO VENTURES ET AL

COM PAR '£0.01 13D 1/ 4/89

1,59332.1

75533240 8.9 UPDATE

SCOTT INSTPS INC RENAISSANCE HLDGS PLC

COM 13D

2,53510.9

809('50104.8 RVSION

SILVERADO MINES LTD TRI CON MNG LTD ET AL

COM 13D

1,46013.4

82834310 8.6 UPDATE

TGI FRIDAYS INC CARLSON HOSPITALITY GRP

COM 13D

14,300100.0

87242210 0.0 NEW

TGI FRIDAYS INC COM o 87242210 CARLSON MKTG GRP 13D 0.0 100.0 UPDATE

THOMAS INDS INC DUNBAR THOMI'!SE ET AL

COM 13D

1066 (' 16.4

8844251 0 16.6 UPDATE

UNION VY CORP COM 1.534 -:-0902910 KO~ES JAN A ET AL 13D 32.2 32.0 UPDATE

WESTMARC COMMUNICATIONS TELE-LOMMUNICATIONS

INC INC

CL A 13D

16,4069E.OS(,S10100.0 60.4 UPDATE

WESTMFtRC COMMUNICATIONS TELE-COMMUNICATIONS

INC INC

CL B 13D

1.'585 51.2

9605 ('52I) 51.2 UPDATE

....HEELABRATDR GPP HENLEY GRP

COM 13D

11,80012.1

96290110 0.0 NEW

ZEMEX CORP COM 871 98991710 DENISON MINES LTD ET AL 13D 49.0 48.2 UPDATE

6 NEWS DIGBST, January 13, 1989

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---------------------------------------- ---------- ------ ----

RECENT 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. Acquisition 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, responding to the item(s) of the form specified. copies of the reports may be purchased from the Commission's Public Reference Room (when ordering, please give the date of the report). An invoice will be included with the requested material when mailed.

STATE 8K ITEM NO. NAME OF ISSUER CODE 1 2 3 It 5 b 1 DATE COMMENT

ENV IROPACT INC FL X 11/21188 AMEND FfCA INVESTOR SERVICES CORPORATION 88-A DE X X X 12131/88flREMANS fUND MORTGAGE CORP DE X X 12129/88fIRST COLORADO FINANCIAL CORP DE X 01/03/89FIRST INTERSTATE BANCORP 10EI DE X X 11/21188FIRST SECURED MORTGAGE DEPOSIT CORP CO X X 12128/88FRETTER INC MI X 12123/88GALACllC RESOURCES LTD X X 01/06/89GC INTERNATIONAL INC ICA CA X X 12123188 GENERATION 5 TECHNOLOGY INC /cOl CO X 01/06/89GREEN TREE ACCEPTANCE INC MN X X 12123188 GRU 14MAN COR P NY X X 01/05/89GUARDIAN BANtORP CA X 12122188 HAL INC IHll HI X 12120/88HAMILTON OIL CORP CO X X 12127188 HENLEY GROUP INC DE X X 12131188 HENLEY MANUfACTURING CORP DE X X 12131/88HOLCO MORTG.GE ACCEPTANCE CORP II DE X X 01/03/89HOLCO MORTGAGE ACCEPTANCE CORP III DE X X 01/01189HOO SEhOLO FINANCE eaRP DE x 01/06/89HOOSTON INDUST~IES INC TX X 12115/88HOUSTON LIGHTING & POWER CO TX X 12115/88INSURED INCOME PROPERTIES 1988 L P DE X X X 12131/88INTEGRATED RESOURCES INC DE X X 01/04/89 INTERMEl CORP GA X 09/08/88 AMEND IOWA NATIONAL BANKSHARES CORP IA X X 01105/89ISS INTERNATIONAL SERVICE SYSTEM INC De x x 12130/88JASMINE INVESTMENTS CORP UT NO ITEIlS 03/03/88 AMEND KAMEB SERVICES INC DE X X X 12/23188LAPOINTE INDUSTRIES INCleTI CT X 12129/88L EAR PETROL EUM CORP IDEI DE X X 12130/88LEAR PETROLEUM PARTNERS L P DE X x 12130/88 L GM "QU ISIT ICN C(RP NV X X X X 12120/88LifELINE HOMECARE SERVICES INC DE X 12128/88LIVE ENTERTAINMENT INC DE X 12/23/88LONG ISLAND LIGHTING CO NV X 01/05/89MARCACE GROUP INC NV X X 12130/88M.tRLEY COIDE DE X X 01/04/89 MAUl LAND & PINEAPPLE co INC HI X 121 22188 MEASUREX CORP /DEI DE X X 12130/88MERITOR MORTGAGE SECURITIES CORP DE X 01/01189METROPOLITA~ CONSOLIDATED INDUSTRIES INC DE X X 12122188 MIChiGAN NATIONAL CORP 141 X X 12/31188MIN NElON!(A CORP DE X X 12122188 ML TRUST XL DE X X 12123/88ML TRUST XXXIX DE X X 12129/88 MOORE MEDICAL CORP DE X 01/05/89 N BT BANCORP INC DE X X 12/19/88

.BItS DIGBS'f. Jaauary 13, 1989 7

Page 8: SEC News Digest, 01-13-1989 · 2 NEWS DIGEST, January 13, 1989. SELF-REGULATOIY ORGANIZATIONS NOTICE OF PROPOSED RULE CHANGES A proposed rule change has been filed under Rule 19b-4

----------------------------------------

RBCBNT 8K FILINGS·CONT.

NAME CF ISSliER

NEW YORK MARINE & GENERAL INSURANCE CO NMS REHABILITATION INC NORTHEAST UTILITIES NORTHERN MICHIGAN ENERGY CORP PARKWAY CAPITAL CORP PEERLESS VENTURE CORP PEGASUS GOLD INCI PENNSYLVANIA ENTERPRISES INC PENNSYLVANIA GAS & WATER CO PLAINS PETROLEUM CO PU8LICKER INDUSTRIES INC PUGET SOUND POWER & LIGHT CO IWAI QUANTUM DIAGNOSTICS LTD INY/R,"SAY HEALTh CARE INC REALMARK PROPERTY IN~ESTORS LTD PARTNERS REPUBLIC FEDERAL SAVINGS & LOAN ASSllCUl ROCKY MOUNTAIN MEDICAL CORP ROL FJTE COIDE ROlLINS ENVIRCNMENTAL SERVICES INC SALOMON INC SSP LTD SHEARSON LEH4AN HUTTON HOLDINGS INC SHEARSON LEtHAN HUTTON INC /DEISOUTHEAST BANKING CORP SPERTI DRUG PRODUCTS INC STACY INDUSTRIES INC SUBURBAN BANKSHARES INC IVAI SUMMIT BANCORPORATJON SUPREME OIL & GAS CORP TElE COMMUN JCATIONS INC T ENNIS LADY INC TERMINAL DATA CORP TEXACO INC TEXAS GAS TRANSMISSION CORP THOUSAND TRAILS INC TRANSCO ENERGY CO TRANSWORLD VENTURES CORP TRAVELERS MORTGAGE SERVICES INC TRI STAR CAPITAL toRP ULTIMA INTERNATIONAL CORP ULTRAK INC UNISY$ CORP UNITED TRUST INC IILI UNIVERSITY PATENTS INC UTAH POWER & LIGKT CO V ITRO DIAGNOSTICS INC VSC INC WESTERN MASSACHUSETTS ELECTRIC CO WINDY CITY CAPITAL CORP ZENOX INC

STATE 8K ITEM NO. CODE --- 1 2 - 345 6 7 ------- UUE ------- COMMENT ------

NY FL MA MI CO

X X X X X X

X

X X

12130/8801105/8912/1618812113/8812112188

CO FN PA PA

X X X X

X X

01/04/89 12130/8801/05/8901105189

DE PA WA NY DE

X

X X

X X

X X

X

11/29/8801105/8912/19/8801105/8912122188

AMEND

DE

CO DE

X

X X

X X X

X X

X

12120/8812119/8812128/8812112186

DE DE NO

X ITEMS

12/29/8812129188 AMEND

CO X X 12117188 DE X 12122188 DE X 12122188 FL OH DE VA NJ CA DE DE DE

X X

X X

X NO ITEMS

X NO ITEMS

X

X

12130/8801104/8911/1618801/0218912115/8809/14/88 11/0218801106/'8912102188

AMEND

AMEND DE DE WA DE DE NJ CO CO CO DE IL DE UT NV MN MA IL DE

X X X X

X X X X X

X X X X X X

X X X

NO ITEMS X

X

X X X X X

X X

X

12121/8801/05/8912/22188 01/09/89 12120/8812/21/8812115/8812/28/8812130/8812129/8812119/8801104/8912119/8811/21188 12122188 12116/88 04/29/8812121/88

AMEND

8 NBWS DIGBST, January 13, 1989