SEC News Digest, 01-16-1991

12
Issue 91-11 January 16, 1991 .. . .. 'I:;.' . MARK BENSKIN BARRED The Commission instituted public administrative proceedings against Mark Stephen Benskin (Benskin) pursuant to Section lS(b) of the Securities Exchange Act of 1934 (Exchange Act) and Section 203(f) of the Investment Advisers Act of 1940 (Advisers Act) . Benskin submitted an Offer of Settlement consenting to the entry of an Order containing findings that Benskin: (1) was permanently enjoined from violations of certain provisions of the Securities Act of 1933, the Exchange Act and the Advisers Act by judgment of the U.S. District Court for the Western District of Tennessee in connection with his participation in a Ponzi scheme (SEC v. Mark Stephen Benskin and Mark Benskin & Co., Inc., Civil Action No. 90-2Sl4-HA); and (2) was convicted upon a plea of guilty in the same district court of forty counts of mail fraud and ten counts of securities fraud for his involvement in the Ponzi scheme (U.S. v. Mark Stephen Benskin and Mark Benskin & Company, Inc., Crim. Action 89-20l66-G). The Order permanently bars Benskin from association with any broker, dealer, municipal securities dealer, investment adviser or investment company. (ReI. 34-28755) PROCEEDINGS INSTITUTED AGAINST JAMES RAPHOLZ, JR. The Commission instituted public administrative proceedings under the Investment Advisers Act of 1940 (Advisers Act) and the Investment Company Act of 1940 (Investment Company Act) against James L. Rapholz, Jr., (Rapholz) and James L. Rapho Lz , Jr., d/b/a Economic Advice. Rapholz, of Lighthouse Point, Florida, has been registered with the Commission as an investment adviser since December 1977. Rapholz is the president and sole investment adviser for Palm Beach Diversified Equity Fund, Inc. (PBDEF). PBDEF has been registered with the Commission since 1984 as a closed-end, management investment company. The Order Instituting Proceedings (Order) alleges that from about September 1986 until about October 1989, Rapholz made misrepresentations and omissions of material fact to clients concerning the investment objectives of PBDEF. The Order further alleges that since about January 1988, Rapholz has caused PBDEF to: (1) fail to make required filings with the Commission; (2) fail to send required financial reports to investors; and (3) fail to maintain and preserve various required books and records. The Order alleges that Rapholz thereby willfully violated the anti-fraud provisions of the Advisers Act and willfully aided and abetted violations of the periodic reporting and books and records provisions of the Investment Company Act. (ReI. IA-l265)

Transcript of SEC News Digest, 01-16-1991

Page 1: SEC News Digest, 01-16-1991

Issue 91-11 January 16, 1991

.. . .. 'I:;.' .

MARK BENSKIN BARRED

The Commission instituted public administrative proceedings against Mark StephenBenskin (Benskin) pursuant to Section lS(b) of the Securities Exchange Act of 1934 (Exchange Act) and Section 203(f) of the Investment Advisers Act of 1940 (AdvisersAct) .

Benskin submitted an Offer of Settlement consenting to the entry of an Order containing findings that Benskin: (1) was permanently enjoined from violations of certain provisions of the Securities Act of 1933, the Exchange Act and the Advisers Act by judgment of the U.S. District Court for the Western District of Tennessee in connection with his participation in a Ponzi scheme (SEC v. Mark Stephen Benskin and Mark Benskin & Co., Inc., Civil Action No. 90-2Sl4-HA); and (2) was convicted upona plea of guilty in the same district court of forty counts of mail fraud and ten counts of securities fraud for his involvement in the Ponzi scheme (U.S. v. Mark Stephen Benskin and Mark Benskin & Company, Inc., Crim. Action 89-20l66-G). The Order permanently bars Benskin from association with any broker, dealer, municipalsecurities dealer, investment adviser or investment company. (ReI. 34-28755)

PROCEEDINGS INSTITUTED AGAINST JAMES RAPHOLZ, JR.

The Commission instituted public administrative proceedings under the Investment Advisers Act of 1940 (Advisers Act) and the Investment Company Act of 1940 (InvestmentCompany Act) against James L. Rapholz, Jr., (Rapholz) and James L. Rapho Lz , Jr., d/b/a Economic Advice. Rapholz, of Lighthouse Point, Florida, has been registered with the Commission as an investment adviser since December 1977. Rapholz is the presidentand sole investment adviser for Palm Beach Diversified Equity Fund, Inc. (PBDEF).PBDEF has been registered with the Commission since 1984 as a closed-end, managementinvestment company.

The Order Instituting Proceedings (Order) alleges that from about September 1986 until about October 1989, Rapholz made misrepresentations and omissions of material fact to clients concerning the investment objectives of PBDEF. The Order further allegesthat since about January 1988, Rapholz has caused PBDEF to: (1) fail to make requiredfilings with the Commission; (2) fail to send required financial reports to investors;and (3) fail to maintain and preserve various required books and records. The Order alleges that Rapholz thereby willfully violated the anti-fraud provisions of the Advisers Act and willfully aided and abetted violations of the periodic reporting and books and records provisions of the Investment Company Act. (ReI. IA-l265)

Page 2: SEC News Digest, 01-16-1991

INVESTMENT••• ..··CbHl'~.ACT~j{.······························

ASA LIMITED

An order has been issued under Section 7(d) of the Investment Company Act on an application filed by ASA Limited. The order permits applicant to amend its charter and by-laws, along with its custodian and subcustodian agreements, where appropriate,to allow for: (a) an increase from $75,000 to $200,000 in .the amount of cash applicant can hold outside of the custody of a United States custodian to cover administrative expenses; (b) the ability to invest up to 5% of its assets in interest-bearing bank accounts with "eligible foreign custodians" or "overseas branches of qualified United States banks," as those terms are defined in Rule l7f-5 under the Act; and (c) certain changes in the composition and operation of applicant's board of directors. (ReI. IC-17946; International Series Rel. No. 219 - January 15)

DELISTINGS GRANTED

Orders have been issued granting the applications of the following exchanges to strikefrom listing and registration the specified securities: American Stock Exchange -Comfed Bancorp, Inc., Common Stock, Par Value 1 cent (Rel. 34-28776); and New York Stock Exchange - all series of call and put options on Shearson Lehman Hutton Holdings, Inc. (Rel. 34-28777) .

.. ",. " ...

SELF-REGULATORY.ORGANlzAT10NS· ..'.

PROPOSED RULE CHANGES

Proposed rule changes have been filed by the following under Rule 19b-4 of the Securities Exchange Act: Depository Trust Company (SR-DTC-90-l3) to establish a Rush Withdrawal Transfer Service (ReI. 34-28768); and National Association of Securities Dealers (SR-NASD-90-63) regarding amendments to the Interpretation of the Board of Governors -- Prompt Receipt and Delivery of Securities to assist member compliancewith SEC Rule 10b-2l of the Act (ReI. 34-28769). Publication of the proposals is expected in the Federal Register during the week of January 14.

NEWS DIGEST, January 16, 1991 2

Page 3: SEC News Digest, 01-16-1991

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

S-6 PRUCO LIFE VARIABLE UNIVERSAL ACCOUNT, 213 WASHINGTON ST,C/O PRUCO LIFE INSURANCE CO, NEWARK, NJ 07102 (201) 802-2000 - INDEFINITE SHARES.(FILE 33-38271 - JAN. 08) (BR. 20)

S-3 COASTAL CORP, COASTAL TWR, NINE GREENWAY PLZ, HOUSTON, TX 77046 (713) 877-1400 -250,000,000 ($250,000,000) STRAIGHT BONDS. UNDERWRITER: LEHMAN BROTHERS,MORGAN STANLEY & CO, PAINEWEBBER INC. (FILE 33-38272 - JAN. 09) (BR. 7)

S-4 MURPHY OIL CORP IDE, 200 PEACH ST, EL DORADO, AR 71730 (501) 862-6411 - 10,096,773($334,506,089.49) COMMON STOCK. UNDERWRITER: SMITH BARNEY HARRIS UPHAM & CO. (FILE33-38439 - JAN. 08) (BR. 4)

S-8 FLUKE JOHN MANUFACTURING CO INC, 6920 SEAWAY BLVD, EVERETT, WA 98203 (206) 347-6100- 50,000 ($693,550) COMMON STOCK. (FILE 33-38506 - JAN. 08) (BR. 8)

S-8 FLUKE JOHN MANUFACTURING CO INC, 6920 SEAWAY BLVD, EVERETT, WA 98203 (206) 347-6100- 100,000 ($1,210,063) COMMON STOCK. (FILE 33-38507 - JAN. 08) (BR. 8)

S-8 DSC COMMUNICATIONS CORP, 1000 COlT RD, PLANO, TX 75075 (214) 519-3000 - 950,000($5,818,750) COMMON STOCK. (FILE 33-38544 - JAN. 08) (BR. 7)

S-6 MINT GROUP 2, 331 COMMERCE ST, C/O JC BRADFORD & CO, NASHVILLE, TN 37201 -INDEFINITE SHARES. DEPOSITOR: BRADFORD J C & CO, GLICKENHAUS & CO,JAMES RAYMOND & ASSOCIATES INC. (FILE 33-38545 - JAN. 08) (BR. 16 - NEW ISSUE)

S-6 SEARS TAX EXEMPT INVESTMENT TRUST INSURED NEW JERSEY SER 7, TWO WORLD TRADE CNTR,CIO DEAN WITTER REYNOLDS INC, NEW YORK, NY 10048 - 2,000 ($2,000,000)UNIT INVESTMENT TRUST. DEPOSITOR: DEAN WITTER REYNOLDS INC. (FILE 33-38578 - JAN. 09)(BR. 22 - NEW ISSUE)

S-8 HEWLETT PACKARD CO, 3000 HANOVER ST, PALO ALTO, CA 94304 (415) 857-1501 -16,000,000 ($500,960,000) COMMON STOCK. (FILE 33-38579 - JAN. 09) (BR. 13)

S-3 SOUTH CAROLINA ELECTRIC & GAS CO, 1426 MAIN ST, COLUMBIA, SC 29201 (803) 748-3000 -200,000,000 ($200,000,000) MORTGAGE BONDS. (FILE 33-38580 - JAN. 09) (BR. 13)

S-2 EASTCO INDUSTRIAL SAFETY CORP, 130 W 10TH ST, HUNTINGTON STATION, NY llK~ (516) 427-1802 - 5,760,783 ($1,440,195.04) COMMON STOCK. 576,078 ($57.61)WARRANTS, OPTIONS OR RIGHTS. 576,078 ($172,823) COMMON STOCK. (FILE 33-38601 -JAN. 09) (BR. 10)

S-8 SPAGHETTI WAREHOUSE INC, 6120 ALDWICK DR, GARLAND, TX 75043 (214) 226-6000 -315,102 (S4,834,165) COMMON STOCK. (FILE 33-38603 - JAN. 09) (BR. 12)

S-8 INTERACTIVE MEDIA TECHNOLOGIES INC, 7320 E BUTHERUS DR STE 200, SCOTTSDALE, AZ 85260 (602) 443-3093 - 710,000 ($635,450) COMMON STOCK. 3,500,000 ($3,773,000) COMMON STOCK.(FILE 33-38605 - JAN. 09) (BR. 10)

NEWS DIGEST, January 16, 1991 3

Page 4: SEC News Digest, 01-16-1991

· ,'. , _'.-.'.'.' _---.- , ..

ACQUISITION ••OFSECUllI~II!:S/· ..................•....•.....••.•••••...••.•••••••••••.•••••••.•.•••••••••••••.•••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••;!i •••••• ;:;.;i;;.ii;i;;: ::;!!i::::.·W

••••••••••• ••••••• •••••••••••• ·•••·•·••••····•· •••• ••••••• ••.••• i:•••••:i••..•• :l••••!.::••••••••.••••• 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 beneficial 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 commences a Schedule 140-1. .

Below is a list of recent filings of Schedules 130 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; 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)f CUSIP/ FILING NAME AND CLASS OF STOCK/OWNER FORM DATE XOWtiED PRIORX STATUS

AMERICAN ECOLOGY CORP COM 321 02553310SANDERS DON A ET AL 130 11 8/91 10.8 9.8 UPDATE

APPLI ED P\IR INC CL A rn 03822510STATE OF WISCONSIN INVEST BD 130 12121/90 7.5 5.6 NEW

APPLIED P\IR INC CL A m 03822510STATE OF WISCONSIN INVEST BD 130 12121190 7.5 5.6 UPDATE

AVALON CORP COM 15,728 05343510CORONA CORP 130 5/31190 100.0 100.0 RVSION

AVALON CORP WTS 1,262 05343511CORONA CORP 130 5/31190 91.4 100.0 RVSION

AVALON CORP $7.50 PFD 5,251 05343520CORONA CORP 130 5/31190 87.6 23.1 RVSION

BRNF LIQUIDATING TRUST LIQ CERTIFICATES 1,264 05591699FARALLON CAP MGMT ET AL 130 11 1/91 26.2 22.7 UPDATE

BANNER AEROSPACE INC COM 1,128 06652510STATE OF WISCONSIN INVEST BD 130 12119/90 6.3 5.3 UPDATE

BOMBAY CO INC COM 438 09792410STATE OF WISCONSIN INVEST BD 130 1110/91 7.1 4.7 UPDATE

BUSINESS RECORDS CORP HLDG C COM 1,388 12329610ESPING P E ET AL 130 12/31190 30.8 34.3 UPDATE

CRX COM 60,409 12627710ALLIED WASTE INDS 130 12131190 80.0 0.0 NEW

NEWS OIGEST, January 16, 1991 4

Page 5: SEC News Digest, 01-16-1991

ACQUISITIONS CONT.

EVENT SHRS(OOO)/ CUSIP/ FILING NAME AND CLASS OF STOCK/OWNER FORM DATE XQWNED PRIORI STATUS

CEL-SCI CORP C(III 2,953 150831tODE CLARA B 13D 12/31190 1.9 0.0 NEW

CHANTAL PHARMACEUTICAL CORP C(III 1,642 15930010ANTHONY GARNER 13D 11 4/91 9.4 9.2 UPDATE

CHEMICAL FABRICS CORP C(III 651 1637mO

CANNELL PETER B & CO INC 13D 12131190 14.3 12.2 UPDATE

CHEYENNE SOFTWARE INC C(III 1,100 16688810SCHEUER WALTER ET AL 13D 11 2/91 11.3 8.5 UPDATE

CONQUEST EXPL CO aIM 15,311 20828510AMERICAN EXPLOR CO 13D 1/ 8/91 34.4 34.4 UPDATE

DATA DIMENSIONS INC C(III 101 23165410R W VENTURES II 13D 1/ 1/91 18.9 0.0 NEW

DELTA WOODSIDE INDS INC NEW C(III N/A 24790910RAINSFORO BETTIS C 13D 11/ 1190 N/A 0.0 NEW

EVANS & SUTHERLAND COMPUTER C(III 1,216 29909610HARRIS ASSOCIATES INC 13D 1/ 3/91 . ,14.8 . 12.3 UPDATE

EVEREST JENNINGS INTL DEL CL A 4,062 29916120INDUSTRIAL EQUITY LTDET AL 13D 1110/91 59.8 ''60.3 UPDATE

FERROFLUIDICS CORP C(III PAR SO.004 2,050 31541420MOSKOW ITZ RONALD 13D 10124/90 52.5 - 38.4 UPDATE

1ST BANCORP VINCENNES INO COM 22 31899310HART ARTHUR L 13D 10/26/90 5.1 0.0 NEW

FUND AMERICAN COS INC COM 1,599 36016810GOLDMAN SACHS & CO 130 1/ 3/91 5.2 0.0 NEW

GANDER MTN INC C(III 306 36411910LUBAR SHELDON B ET AL 13D 1/ 3/91 11.1 1.6 UPDATE

GRAD CO SYS INC C(III 1,012 38411110PLENUM PUBLISHING ET AL 130 1/ 3/91 13.3 9.4 UPDATE

INTERNATIONAL MOBILE MACH CO C(III 1,619 46002610M A COM INC 130 12121190 10.9 10.4 UPDATE

INTERNATIONAL RECTIFIER CORP C(III 886 46025410FIDELITY INTL LTD 130 12121190 1.1 • 9.4 UPDATE

INTERNATIONAL RECTIFIER CORP C(III 886 460254'0 FMR CORP 130 12/21/90 1.1 ,.0;9.4 UPDATE

NEWS DIGEST, January 16, 1991 5

Page 6: SEC News Digest, 01-16-1991

ACQUISITIONS CONT.

,. EVEIT 5HR5(000)1 CUSIPI FILING NAME ANO CLASS OF STOCK/OWNER DATE WED PRIORI STATuS

IONICS INC COlI 356 46221810 FIDELITY IITL LTD I. 12/ 7/90 8.6 9.6 UPDATE

IONICS INC COlI 356 46221810 FMR CORP 12/27!90 8.6 9.6 UPDATEI.

IVAX CORP COlI 6,250 46582310 AZURE LIMITED ET AL 12/28/90 26.1 0.0 lEWI.

JACLYN INC COlI 1,408 469TT210 CHESTNOV ROBERT I. 1/ 2/91 50.3 48.8 UPDATE

JACLYN INC COlI 1,330 46977210 GINSBURG ABE I. 1/ 2/91 47.5 47.2 UPDATE

JACLYN INC COlI 1,358 46977210 GINSBURG ALLAN I. 1/ 2/91 48.5 48.7 UPDATE

JACLYN INC COlI 1,336 46977210 GINSBURG HOWARD I. 11 2/91 47.7 47.9 lI'DATE

JACLYN INC COlI 142 46977210 JACLYN INC ESOP&T I. 1/ 2/91 5.1 5.2 lI'DATE

LE PEEP RESTAURANTS COlI 5,728 52129810 JACOBS ELI S ET AL 10/24/90 81.5 78.9 lI'DATEI.

LEISURE CONCEPTS INC COlI 342 52539710 AVILA ROBERT J ET AL 1/11/91 10.5 9.5 lI'DATE

LEISURE CONCEPTS INC COlI

,.I. 1 52539710

INTL CONSUMER TECH CORP 11 9/91 MIA I/A lI'DATE

LIBERTY CORP S C COlI I. 732 53037010 GAMCO INVESTORS IIC ET AL 1/ 9/91 9.3 8.3 UPDATE

LONE STAR INOS INC COlI I. 2,014 54229010 SCOPE INDS 1/ 8/91 12.2 11.3 UPDATE

MICHAEL FOODS INC COlI MIA 59407410,.STATE OF WISCONSIN INVEST BD 12/27/90 MIA 5.7 UPDATE

MIDDlEBY CORP COlI 2,215 59627810,.WHITMAN WilliAM F JR 1/ 2/91 26.7 34.1 UPDATE

NORTHEAST FEDERAL CORP COlI 315 66416110 lOEB JOHN L ET Al ,. 12131190 5.5 0.0 NEW

NOSTALGIA NETWORK INC COlI lEV I. 640 66975230 JANAS JOHN A 3/31/90 5.4 7.0 UPDATE

6 NEWS DIGEST, January 16, 1991

Page 7: SEC News Digest, 01-16-1991

ACQUISITIONS CONT.

EVENT SHRS(ooo)/ CUSIP/ fILINGNAME AND CLASS Of Uqa:/MIR fORM DATE WED PRIORX STATUS

PETROlElI4 HELICOPTERS 11K: COt VTG 276 71660410MERCURY ASSET MGIIT 130 12/'lS/90 7.1 5.3 UPDATE

PRIMA ENERGY CORP COt PAR 10.015 196 74190120JAMES ROBERT G 130 12/31190 9.7 8.2 UPDATE

ROCJa«XX) MAll CORP COt 3,230 77442910PARK\lAY CO ET AL 130 1/ 8/91 32.6 24.3 UPDATE

ROSPATCH CORP DEL COt 222 77820410COYNE MICHAEL f ET AL 130 12/10/90 8.8 9.0 UPDATE

SEALED AIR CORP COt rn 81211510TIGER ET AL 130 1/ 2/91 8.8 9.8 UPDATE

SEQUA CORPORATION CL A 393 81732010TIGER ET AL 130 11/28/90 6.5 5.1 RVSION

SERVICE FRACTURING CO COt 514 81790810ENERGY RECOVERY fD ET AL 130 1/ 9/91 8.9 7.0 UPDATE

SHARON SlL CORP COt 3,000 81978510SOROS GEORGE ET AL 130 12/28/90 30.0 0.0 NEW

SIRCO INlL CORP COt 681 82963910YAMAGUCHI YUTAKA ET AL 130 1/ 2/91 56.0 52.1 UPDATE

STAPLES INC COt 764 85503010TIGER ET AL 130 1/ 2/91 8.0 5.9 UPDATE

STARRETT HSG CORP COt 288 85567710WARNER COMMUNICATIOIS ET AL 130 1/ 2/91 4.4 5.9 UPDATE

SUN ELEC CORP COt 481 86671310STATE Of WISCONSIN INVEST 8D 130 12/21/90 5.1 0.0 NEW

SYSTEMS CTR INC COt 550 87189310STATE OF WISCONSIN INVEST 8D 130 12/21/90 5.7 0.0 NEW

TELYUE CORP COM 21,231 87999710LEN FEST H F 130 11/16/90 66.4 40.3 UPDATE

THORATEC LABS CORP COM 1,702 88517510GLENN PAUL F 130 12/31/90 22.0 25.4 UPDATE

UNILAB CORP COM 16,360 90476210METPATH INC 130 1/10/91 53.4 37.4 UPDATE

WSMP INC COt 37 92933010FIDELITY INTL LTD ET AL 130 1/ 4/91 1.8 0.8 UPDATE

WSMP INC COt 11 92933010INTEGRITY fUND lie ET AL 130 12/26/90 0.5 0.0 NEW

YG DEVELOPMENT CO COt 160 98423710SHEA EDMUND H JR 130 12/18/90 14.4 0.0 NEW

NEWS DIGEST, January 16. 1991 7

Page 8: SEC News Digest, 01-16-1991

..................<:/ > .RECENT 8KFILINGS

Form 8-K is used by companies to file current reports on the following events:

Item l. 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. Resignations of Registrant's Directors.Item 7. Financial Statements and Exhibits.Item 8. Changes in Fiscal Year.

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 formspecified. Copies of the reports may be purchased from the Commission's PublicReference Room (when ordering, please give the date of the report). An invoice willbe included with the requested material when mailed.

STATE SIC ITEM NO. NAME OF ISSUER ---------------------------------------- CODE 12345618 e_. ..._ ____ ______

DATE --------

COMMENT

ABS LIFESCIENCES INC ACQUISITION CAPABILITY AIR RESOURCES CORP

INC DE DE CO

X X

X

X

X 11/01/90 01/08/91 01/04/91

ALASKA GOLD CO DE X X X 12/28/90 ALCO STANDARD CORP ALLIANCE WELL SERVICE AMBASE CORP AMDURA CORP

INC OH NV DE DE

X

X

X

X

X

X

X

01/11/91 12/31/90 12/31/90 12/21/90

AMERICAN AMERICAN

GENERAL FINANCE CORP SHIPBUILDING CO

IN NJ

X X

X

01/08/91 01/09/91

AMERicAN VANGUARD CORP ANGELES INCOME PROPERTIES LTD III

DE CA X

X 01/10/91 12/28/90

ANGELES PARTNERS XV ARCHER DANIELS MIDLAND CO

CA DE

X X

12/21/90 01/14/91

ASK CORP TX X 01/11/91 ASSOCIATES CORPORATION OF NORTH AMERICA DE X 01/09/91 ATEL CASH DISTRIBUTION ATLANTIC EXPRESS INC

FUND III LP CA DE

X X X

12/21/90 01/08/91

AUTOCAFE SYSTEMS INC /DE/ AVALON CORP BEARD OIL CO IDEI

DE Me

DE X

X

X

X

X

.12/31/90 12/31/90 12/31/90

BENNETT PETROLEUM CORP CO X 08/31/90 BIG SKY TRANSPORTATION CO BOSTON CAPITAL TAX CREDIT FUND II LTD PA

MT DE X

X X

01/03/91 12/21/90

BRADLEY REAL ESTATE TRUST MA X 01/10/91 BRISTOL RESEARCH CORP BURNUP & SIMS INC BUTCHER VENTURE PARTNERS I L P

CA DE DE X

X X

X 01/02/91 12/21190 12/31/90

CALIFORNIA JAMAR INC DE X 12/21/90 CAMERA PLATFORMS INTERNATIONAL INC DE X X 01/01/91 CAPITAL PROPERTIES INC /RI/ CARIBBEAN SELECT INC

RI DE

X X

01/01191 12/28/90

CARLYLE REAL ESTATE LTD PARTNERSHIP VI Il X X 12/26/90 CARLYLE REAL ESTATE LTD PARTNERSHIP XII IL X X 12/28/90 CARLYLE REAL ESTATE LTD PARTNERSHIP 15 IL X X 12/26/90

NEWS DIGEST, January 16, 1991 8

Page 9: SEC News Digest, 01-16-1991

8K REPORTS CONT.

STATE SIC ITEM NO. NAME OF ISSUER COOE 12345678 DATE ---------------------------------------- ._._-----_ ... --- _._.----CAROLCO PICTURES INC CB FINANCIAL CORP

DE MI

X X

X 12/24/90 12131190

CENTURY SOOTH BANKS INC CHARTER ONE FINANCIAL INC CHASE MANHATTAN CORP CHATTAHOOCHEE BANCORP INC CHERAMI NATURAL PET FOODS INC CITIBANK FEDERAL SAVINGS BANK COMMONWEALTH EDISON CO CONTECH TELECOMMUNICATIONS CORP /DE/ CONTEX SCIENTIFIC CORP

GA DE DE GA IIV

DE IL DE NY

X X X X

NO ITEMS X X X

X

X X

X

X X

12/31190 12/28/90 01114/91 01103/91 12/20/9012/26/90 12/13/9001/08/9101103/91

CONSOLIDATED ENERGY SYSTEMS INC /CA/ CONSOLIDATED PRODUCTS INC /IN/ CONSTON CORP

CA IN PA X

X X

01111191 01102/91 01101191

CONTINENTAL INFORMATION SYSTEMS CORP COPLEY PENSION PROPERTIES VII CRAMER INC

NY MA KS

X X

X X 10/29/90 01/08/9101/10/91

CYPRESS EQUIPMENT FUND LTD DATAPHAZ INC DATRON SYSTEMS INC/DEDELTA AIR LINES INC /DE/ DEP CORP

FL DE DE DE DE

X X X

X

X X

X X

01/01/91 01111/91 08/21/9001110/91 12/11/90 AMEND

DEVON GROUP INC DIAGNOSTIC SCIENCES INC /NEW/ DlJ4AC CORP

DE DE DE

X

X X

X X

12/18/90 12/31/9010/15/91

DYCO DEVELOPMENT PARTNERS 1988 MN X X 01/07191 DYCO OIL & GAS PROGRAM 1975 MN X X 01107/91 DYCO 01 L & GAS PROGRAM 1976-1 MN X X 01107/91 DYCO OIL & GAS PROGRAM DYCO OIL & GAS PROGRAM

19n-X 19n-1

MN MN

X X

X X

01/07191 01107/91

DYCO OIL & GAS PROGRAM 1980-1 DE X X 01/07/91

DYCO OIL & GAS PROGRAM 1980-2 DE X X 01/07/91

DYCO 01 L & GAS PROGRAM 1981-1 MN X X 01/07/91 DYCO OIL & GAS PROGRAM 1981-2 MN X X 01107/91 DYCO 01 L & GAS PROGRAM 1982-1 MN X X 01/07/91 DYCO OIL & GAS PROGRAM 1982-2 MN X X 01/07191

DYCO OIL & GAS PROGRAM 1983-1 MN X X 01/07/91

DYCO OIL & GAS PROGRAM 1983-2 MN X X 01107/91

DYCO 01 L & GAS PROGRAM 1984-1 MN X X 01/07/91 DYCO OIL & GAS PROGRAM 1984-2 MN X X 01/07/91 DYCO OIL & GAS PROGRAM 1985-1 MN X X 01107/91 DYCO OIL & GAS PROGRAM 1985-2 MN X X 01/07/91 DYCO OIL & GAS PROGRAM 1986-X MN X X 01/07191 DYCO OIL & GAS PROGRAM 1986-1 MN X X 01/07/91 DYCO OIL & GAS PROGRAM 1986-2 MN X X 01107/91 DYCO OIL & GAS PROGRAM 1987-1 MN X X 01/07/91

DYCO OIL & GAS PROGRAM 1987-2 MN X X 01/07/91 DYCO 1978 OIL & GAS PROGRAMS MN X X 01107/91 DYCO 1979 01 L & GAS PROGRAMS EAC INDUSTRIES INC ENTREE CORP

NY DE

X X

X

X X

01/07/91 01/04/9101109/91

ENVIRONMENTAL POWER CORP DE X X X 12/28/90 ENZON INC ERNST DIESSNER MORTGAGE FUND 86 LTD PART EXCALIBUR SECURITY SERVICES INC EXCEL PROPERTIES LTD II

DE AI DE CA

X

X X

X

X

X

12/18/90 12/28/9012/28/90 12/31190

NEWS DIGEST, January 16, 1991 9

Page 10: SEC News Digest, 01-16-1991

8K REPORTS CONT.

STATE 8IC ITEM NO. NAME OF ISSUER COOE 1 234 5 678 DATE ------------------------------- •..._--_. _._------------ -_ ... -----EXECUTIVE OFFICE GROUP INC NY X X 11/12/90 AMEND FASHION CHANNEL NETWORK INC DE X 12131/91

FEDERAL MOGUL CORP MI X 10/29/90 AMEND FIRST EXECUTIVE CORP DE X X 01/09/91FIRST FINANCIAL BANCORP /ON/ ON X X 01/07/90FIRST INTERSTATE BANK OF WASHINGTON IA X X 10/30/90FIRST INTERSTATE BANK OF WASHINGTON NA X 11/15/90FIRST NATIONWIDE BANK SERIES 1989 AMRES· X 12/26/90FIRST NATIONWIDE BANK SERIES 1989 AMRES· X 12/26/90FIRST NATIONWIDE BANK SERIES 1989 AMRES· X 12/26/90FIRST NATIONWIDE BANK SERIES 1989 fNB-1 X 12/26/90FIRST NATIONWIDE BANK SERIES 1989 FIB-2 X 12/26/90FIRST NATIONWIDE BANK SERIES 1989 ICAMe· CA X 12/26/90FIRST TUDOR CORP NY X X 01/08/91FLEET MORTGAGE SECURITIES INC RI X X 12/26/90FNW BANCORP INC DE X 12/19/90FORD MOTOR CREDIT CO DE X 01/11/91FREEPORT MCHORAN COPPER & GOLD IIC DE X X 01/09/91GIRTAL INTERNATIONAL CORPORATION NV X X X X X 01/10/91GMBS INC SERIES 1990-2 DE X X 12/26/90GMBS INC SERIES 1990-2 DE X X 12/28/90GMBS INC SERIES 1990-3 X X 12/26/90GMBS INC SERIES 1990-4 X X 12/26/90HEALTH & LEISURE INC /DE/ DE X X X 12/28/90HEALTH & REHABILITATION PROPERTIES TRUST II) X X 12/28/90HENRY JACK & ASSOCIATES INC DE X 01/11/91HERITAGE BANCORP INC /DE/ DE X 12/31/90HIBERNIA NATIONAL BANK 199O-A GRANTOR TR NY X X 12/27/90HIGHLAND SUPERSTORES INC MI X X 12/28/90HQ OFFICE SUPPLIES WAREHOUSE INC DE X X X 12/28/90HYSTER YALE MATERIALS HANDLING INC DE X X 12/26/90INDUSTRIAL TRAINING CORP II) X 12/31/90IVAX CORP DE X X 12/28/90JACOR COMMUNICATIONS INC OH X X 12/31/90KAISER STEEL RESOURCES INC DE X X 12/18/90KANSAS CITY SOUTHERN INDUSTRIES INC DE X 01/10/91KAR VENTURES INC NV X X 01/07/91KEEGAN MANAGEMENT CO DE X X 12/31/90KENTUCKY BANCORPORATION INC KY X X 01/08/91KEYCORP NY X X 09/28/91KOSS CORP DE X 09/28/90LANDMARK BANCSHARES CORP NO X X 01/08/91LB MORTGAGE TRUST SERIES 1990-3 DE X X 11/26/90LEGENDS COMPANY OF CHICAGO INC /DE/ DE X 01/11/91MALLON RESOURCES CORP CO X 01/04/91MARCADE GROUP INC NY X 12/28/90MAY DEPARTMENT STORES CO NY X 01/01/91MBNA CREDIT CARD TRUST 1987-A NY X 01/11/91MBNA CREDIT CARD TRUST 1988-A NY X 01111/91MBNA CREDIT CARD TRUST 1988-B IY X 01/11/91MBNA CREDIT CARD TRUST 1988-C NY X 01/11/91MBNA CREDIT CARD TRUST 1989 A X 01/11/91MBNA CREDIT CARD TRUST 1989 B X 01111/91MBNA CREDIT' CARD TRUST 199O-A X 01/11/91MBNA CREDIT CARD TRUST 199O-B X 01/11/91

10 NEWSDIGEST. January 16. 1991

Page 11: SEC News Digest, 01-16-1991

8K REPORTS CONT.

STATE 8K ITEM NO. NAME OF ISSUER COOE 12345678 DATE -._------------------------------------- ----- ---- .. _--_ ... ---- --------MCA INC DE X X 12/29/90MCDONNELL DOOGLAS CORP ~ X 01/07/91MECHANICS & FARMERS SAVINGS BANK FSB NO ITEMS 09/19/90MECHANICS & FARMERS SAVINGS BANK FSB X X 10/16/90MECHANICS & FARMERS SAVINGS BANK FSB X X 10/30/90MECHANICS & FARMERS SAVINGS BANK FSB X X 12/12/90MECHANICS & FARMERS SAVINGS BANK FSB X X 12/12/90MECHANICS & FARMERS SAVINGS BANK FSB SER X X 10/02/90MECHANICS & FARMERS SAVINGS BANK FSB SER X X 10/30/90MECHANICS & FARMERS SAVINGS BANK FSB SER X X 10/30/90MECHANICS & FARMERS SAVINGS BANK FSB SER X X 11/13/90MECHANICS & FARMERS SAVINGS BANK FSB SER X X 11/13/90MECHANICS & FARMERS SAVINGS BANK FSB SER X X 11/27/90MECHANICS & FARMERS SAVINGS BANK FSB SER X X 11/21/90MECHANICS & FARMERS SAVINGS BANK FSB SER X X 11/27/90MECHANICS & FARMERS SAVINGS BANK FSB SER X X 12/11/90MECHANICS & FARMERS SAVINGS BANK FSB SER X X 12/13/90MEDCO RESEARCH INC CA X 12/27/90MEDIAGENIC CA X X 12/27/90MINERAL KING BANCORP INC DE X X 12/28/90MORGAN J P & CO INC DE X X 01/14/91MORNINGSTAR FOODS INC DE X X 01/08/91NATIONAL COMMERCE BANCORPORATION /TN/ TN X X X 01/11/91NATIONAL FINANCIAL REALTY TRUST "iN X 12/31/90NEW LINE CINEMA CORP DE X X 01/10/91NEW LONDON INC TX X X 12/31/90 NORTH EUROPEAN OIL ROYALTY TRUST DE X X 01/11/91NORTHERN INOIANA PUBLIC SERVICE CO IN X 12/28/90NOVATEK INTERNATIONAL INC CO X X X X X 12/28/90NUMERICA FINANCIAL CORP NH X X 12/27/90NUMEX CORP DE X 12/18/90OUTLET BROADCASTING INC RI X 12/27/90OUTLET COMIIJNICATIONS INC DE X 12/27/90PACIFIC WESTERN BANCSHARES INC /DE/ DE X 12/31/90PBL ACQUISITION CORP DE X 01/10/91PCC GROUP INC CA X 01/11/91PEEBLES INC 'VA X 01/10/91PEERLESS PRODUCTIONS LTD INC FL X 12/21/90PEGASUS AIRCRAFT PARTNERS II L P DE X 12/26/90PEGASUS AIRCRAFT PARTNERS L P DE X 12/26/90PGI INC FL X X X 12/28/90PHARMACY MANAGEMENT SERVICES INC FL X X 12/20/91PHH CORPORATION ~ X 01/10/91POGO PROOUC ING CO DE X 01/10/91POSSIS CORP MN X X 12/28/90PROTEIN DATABASES INC DE X X 12/26/90PRUDENTIAL BACHE ENERGY INCOME LTD PARTN TX X X 12/19/90PRUDENTIAL BACHE ENERGY INCOME LTD PARTN TX X X 12/19/90PRUDENTIAL BACHE ENERGY INCOME LTD PARTN TX X X 12/19/90PRUDENTIAL BACHE ENERGY INCOME LTD PARTN TX X X 12/19/90PUBLIC SERVICE CO OF NEW HAMPSHIRE NH X 01/08/91PULSE BANCORP INC NJ X X 01/08/91QUIXOTE CORP DE X 04/30/90 AMEND R 2000 CORP NJ X X 01101/91RAILROAD FINANCIAL CORP KS X 12/31/90RCSB FASTBACS 1988 1F GRANTOR TRUST NY X 01115/91

NEWS DIGEST, January 16, 1991 11

Page 12: SEC News Digest, 01-16-1991

8K REPORTS CONT.

ITATE • lTD 110. NAME OF ISSUER --.- ...----------------.---.-----~.-- ... RCS8 1989-A GRANTOR TRUST RCS8 1990 8 GRANTOR TRUST RCS8 199O-A GRANTOR TRUST REPU8LIC FEDERAL SAVINGS & LOAN A$IOCI" RESIDENTIAL FUNDING MORTGAGE SECURITIES RHONE POULENC RORER INC RITZYS G D INC RIVER OAKS INDUSTRIES INC ROHR INDUSTRIES INC lOYAL PALM 8EACH COLONY LTD PARTIE"'I' RURAL HOUSING TRUST 1987-1 RYLAND MORTGAGE SECURITIES CORPORATIGI ,SAHARA CASINO PARTNERS L P SAHARA RESORTS SARATOGA SANCORP SCOTT PAPER CO SEAGATE TECHNOLOGY INC SEALRIGHT CO INC SEARS MOR SEC CORP IND RT ADJ RT MOl PAl SEARS MORT SEC CORP NULT CLA MORT 'AI ,.SEARS MORT SEC CORP NUL T CLA MORT PAl " SEARS MORT SEC CORP NUL T CLA MORT 'AI " SEARS MORT SEC CORP NUL T CLA MORT PAl " SEARS MORTGAGE SEC CORP MORT PASS Til CI SEARS MORTGAGE SEC CORP MORT PASS Til CE SEARS MORTGAGE SEC CORP MORT PASS THI CE SEARS MORTGAGE SEC CORP NU CL NO PA 'I C SEARS MORTGAGE SEC CORP PAS THR CElT III SENETEK PLC IENGI SHAWMUT NATIONAL 1988 A GRANTOR TRUll SHAWMUT NATIONAL 199O-A GRANTOR TRUST SHELTER PROPERTIES I LTD PARTNERSHIP SHELTER PROPERTIES II LTD PARTNERSHIP SHELTER PROPERTIES III LTD PARTNERSHIP SHELTER PROPERTIES IV LIMITED PARTIERIlI

CCl)E

NY ItY NY CA

DE PA 011 DE DE DE DE VA DE 'V CA

PA DE DE DE DE DE DE DE DE DE DE DE DE

IC SC IC It

"145678 .........------X X X X X

X X

X

X X .. X X

X X .. X X

X X X X X X X X

X • X

X X

X X

X X

X X X X X X

X X X X

X X

X X X X

X X

X X X X

DATE

01/15/9101/15/9101/15/9112/24/9012/26/9007/31/9012/28/9012/27/9001/D8/9112/27/9001/02/9112/27190 01/11/9101/11/9111/30/9001/10/9101/11/9112/28/9012/31/9012131/9012131/9012/31/9012131/9012131/9012/31/9012/31/9012/31/9012/31/9001/07191 01/02/9101/02/9112/31/9012/31/9012/31/9012131190

--------

AMEND .

IHELTER PROPERTIES V LIMITED PARTNERSNIP SHELTER PROPERTIES VI LIMITED PART"'''' SHELTER PROPERTIES VII LTD PARTNERSHIP STRATUS COMPUTER INC SUMMA RX LABORATORIES INC SUNSHINE MINING CO /DE TEJAS GAS CORP IDE/TEXAS AMERICAN RESOURCES INC THUNDER MOUNTAIN GOLD INC

It It It teA DE DE DE IX 1M

X X X

X • X X

X X X X

X X X

X

12/31/9012/31/9012/31/9012/04/9009/09/9101/11/9112/28/9010/18/9101/07191

AMEND

TRANS WORLD AIRLINES INC /NEW/ UNITED MAGAZINE CO VINTAGE GROUP INC VMS NATIONAL PROPERTIES JOINT VENTURE

DE 011 CO IL

X X

X X X

X

X

12/16/9012/28/9001/07/9112/28/90

AMEND

~LL STREET FINANCIAL CORP /DE/WASHINGTON COUNTY SANCSHARES INC WATSON GENERAL PICTURES INC WESTCORP /CA/WESTERN CAPlTAL INVESTMENT CORP WESTPORT BAN CORP INC

DE TX CA

CA

DE DE

X

X

• X

X X X

X

X

X

01/07191 12/13/9012/28/9001/03/9112/26/9012/10190

WORTH CORP 21ST CENTURY HOLDINGS 3 D SYSTEMS INC

INC NY ltV

• X

X X

X

X

12131/9012/23/9012/31/90

12 NEWSDIGEST, January 16, 1991