SEC News Digest, 06-04-1971 in March, the ca.pa., intends to purchas •• Dd i.port v.rious...

6
'''' IEcUIlIT/£S & .") S'ECURITIES AND EXCHANGE COMMISSION ~E:C£;~~7!/' i1m~~ IDil@lE~~ ? 19/1 A brief summary of financial proposals filed with and actions by the S.E.C ( In ordering full text of R.lea ••• from SEC Publica, ion. Unit ci'. number) (Issue No. 71-108) FOR RELEASE _---'J:.::u:.::ne:::......;,4'-L.--'1 _ DECISION IN ADMINISTRATIVE PROCEEDING AUTR.Y ENTERPR.ISES IU!G,A EXEMPTION PERMANENTLY SUSPENDED. 'nleeo-uuion has permanently auapended the exemption from registration under Regulation A of the Securities Act with respect to a public offering of stock by Autry Enterprises, Inc., of Atlanta, Ga. The Commis8ion on October 7, 1970 had temporarily sus- pended the exemption, which related to a proposed offering of 60,000 shares of common stock at $5 per share. The temporary suspension order alleged, among other things, th8t no Regulation A exemption was available in that an officer of the issuer and an unnamed underwriter were subjects of injunctions against violations of the Securities Act; that the term8 and conditions of Regulation A were not complied with in that the aggregate offering price as computed under exi8ting rules exceeded the $300,000 limitation then existing, and that the notification and offering circular omitted required information and contained materially mislead· ing statements, respecting, among other things, the issuer's predeces80rs, affiliate8 and underwriters, and previous sales of unregistered securities. The issuer had filed an answer and requested a hearing but subsequently withdrew its request for a hearing. (Release 33-5152) INVESTMENT COMPANY ACT RELEASE FIRST OF LOUISVILLE EQUITY FUND. The Commission has issued an ~rder giving interested persons until June 28 to request a hearing on application of First of Louisville Equity Fund for an order declaring that it has ceased to be an investment company as defined in the Investment Company Act. The company's registra- tion statement filed with the Commission was withdrawn in view of a Supreme Court decision holding that the operation of the applicant as a collective investment fund is prohibited by federal banking law. No securities hsve been issued and applicant does not intend to engage in any busine8s activities and has no assets.il (Release IC-6553) SECURITIES ACT IU!GISTRATIONS EXTRACOllPOREAL MEDICAL SPECIALTIES FILES FOR OFFERING AND SECONDARY. ExtncOTporeal Madical SpeCialties, Inc •• Royal and Ross Roads, King of Prussia, Pa. 19406, filed a Tegi8tration state.ent on May 25 8eeking Tegistration of 131,200 shaTes of common stock. of which 65,000 are to be offered for public sale by the c~pany and 66.200 (being outstanding shares) by the holders thereof. The offedng is to be JUde (** at $26 per share maximua) through underwriters headed by Suplee-MOsley. Inc •• 1700 Market St., Philadelphia. Pa. 19103. Also included in this stat_nt aTe 69.201 shaTes of cc.aon stock which have been or .. y be issued pursuant to the coapany's qualified stock plan. Organized in May 1967. the company develops, ..nufactures and ..Tkets a line of products used in connec- tion with the tTeatwlnt of kidney faUUt'e and hydrocephalus. Of the net proceeds of its stock 8ale. $250.000 will be used to retire oats tanding short-tera indebtedness and the balance for WOTking capital and other corpOTate purposes. The coap.ny has outst.nding 692.728 cOIDOn Shares. of which Lewis S. ~rs 3rd (president and board chairman) aDd Daniel S. Knight as Voting TrU8tees hold 32'Z., John W. Holter. a directOT. 201 and .. nageaent officials as a group 44~. Bolter proposes to sell 45.000 of 140,466 shares held and fi.e others the Thl8ining shares being ,.edstered. (Pile 2-4(523) 1III1W nocESS FILES lOR SECOIIDAilY. New Process eo.pany. 220 Hickory se ,; WarreD' P... 16365. fUed a registration stat...nt on Hey 25 seeking registration of 150,000 outstanding shares of ca..Qn stock, to be offered for public s.le by the holder thereof. The offering is to be .... (** .t $69-1/8 per shaTe l18Xi_) tln.-o1lPunderwriters headed by Shields & Calpany. Inc., 44 wan St., New York 10005. The coapany is engaged in selling _n's and wc.an's .... ring .pparel by .. U. It has outstanding 5,037.720 ca..Qn sh.res. The Harold W. Blair latat. propoae8 to s.U 150,000 of 413,200 8h.res held. (FUe 2-40524) rusr BOstOli CORP. SBA1lES PI llIGlsrWlOll. The First Boston Corpor.tion, 20 Exch.nge Pl.ce. New York. 10005. fUed a registration stat...nt oa Hey 25 seeltilllregistratioD of 300.000 .hare. of Ca..oD 8tock. Such sb.r •• are issuable on exerCise of options (l1"anted OT to be l1"allted)pursuant to tbe coapany's Deferred Ca.pellllationPlan. (File 2-4(525) A.IlMAC ll!1'WJ.lSBS TO SILL DEB_VUS. Anuc £ntuprises. Inc •• 3900 South Umon Ave., Chicyo. Ill. 60609. filed. regiatr.tion stat_at oa May 25 s..kiag registration of $1.5 .Ulioa of sinking fund subordi- nated debentures. due 1981. to be offered fOT public .ale by the First Col\lllbusCorpOT.t1on. 58 E. Gay St •• Colu.bua. Ohio 43215. OVER

Transcript of SEC News Digest, 06-04-1971 in March, the ca.pa., intends to purchas •• Dd i.port v.rious...

IEcUIlITpoundS amp )SECURITIES AND EXCHANGE COMMISSION ~ECpound~~7i1m~~ IDillE~~ 191 A brief summary of financial proposals filed with and actions by the SEC

( In ordering full text of Rlea bullbullbull from SEC Publica ion Unit ci number)

(Issue No 71-108) FOR RELEASE _---June4-L--19--7~1_

DECISION IN ADMINISTRATIVE PROCEEDING

AUTRY ENTERPRISES IUGA EXEMPTION PERMANENTLY SUSPENDED nleeo-uuion has permanently auapendedthe exemption from registration under Regulation A of the Securities Act with respect to a public offeringof stock by Autry Enterprises Inc of Atlanta Ga The Commis8ion on October 7 1970 had temporarily sus-pended the exemption which related to a proposed offering of 60000 shares of common stock at $5 per share

The temporary suspension order alleged among other things th8t no Regulation A exemption was availablein that an officer of the issuer and an unnamed underwriter were subjects of injunctions against violationsof the Securities Act that the term8 and conditions of Regulation A were not complied with in that theaggregate offering price as computed under exi8ting rules exceeded the $300000 limitation then existingand that the notification and offering circular omitted required information and contained materially misleadmiddoting statements respecting among other things the issuers predeces80rs affiliate8 and underwriters andprevious sales of unregistered securities The issuer had filed an answer and requested a hearing butsubsequently withdrew its request for a hearing (Release 33-5152)

INVESTMENT COMPANY ACT RELEASE

FIRST OF LOUISVILLE EQUITY FUND The Commission has issued an ~rder giving interested persons untilJune 28 to request a hearing on application of First of Louisville Equity Fund for an order declaring thatit has ceased to be an investment company as defined in the Investment Company Act The companys registra-tion statement filed with the Commission was withdrawn in view of a Supreme Court decision holding that theoperation of the applicant as a collective investment fund is prohibited by federal banking law Nosecurities hsve been issued and applicant does not intend to engage in any busine8s activities and has noassetsil (Release IC-6553)

SECURITIES ACT IUGISTRATIONS

EXTRACOllPOREAL MEDICAL SPECIALTIES FILES FOR OFFERING AND SECONDARY ExtncOTporeal Madical SpeCialtiesInc bullbull Royal and Ross Roads King of Prussia Pa 19406 filed a Tegi8tration stateent on May 25 8eekingTegistration of 131200 shaTes of common stock of which 65000 are to be offered for public sale by thec~pany and 66200 (being outstanding shares) by the holders thereof The offedng is to be JUde ( at $26per share maximua) through underwriters headed by Suplee-MOsley Inc bullbull 1700 Market St Philadelphia Pa19103 Also included in this stat_nt aTe 69201 shaTes of ccaon stock which have been or y be issuedpursuant to the coapanys qualified stock plan

Organized in May 1967 the company develops nufactures and Tkets a line of products used in connec-tion with the tTeatwlnt of kidney faUUte and hydrocephalus Of the net proceeds of its stock 8ale $250000 will be used to retire oats tanding short-tera indebtedness and the balance for WOTking capital and other corpOTate purposes The coapny has outstnding 692728 cOIDOn Shares of which Lewis S ~rs 3rd (presidentand board chairman) aDd Daniel S Knight as Voting TrU8tees hold 32Z John W Holter a directOT 201 and nageaent officials as a group 44~ Bolter proposes to sell 45000 of 140466 shares held and fie others the Thl8ining shares being edstered (Pile 2-4(523)

1III1W nocESS FILES lOR SECOIIDAilY New Process eopany 220 Hickory se WarreD P 16365 fUed a registration stat nt on Hey 25 seeking registration of 150000 outstanding shares of caQn stock to be offered for public sle by the holder thereof The offering is to be ( t $69-18 per shaTe l18Xi_)tln-o1lPunderwriters headed by Shields amp Calpany Inc 44 wan St New York 10005

The coapany is engaged in selling _ns and wcans ring pparel by U It has outstanding5037720 caQn shres The Harold W Blair latat propoae8 to sU 150000 of 413200 8hres held (FUe 2-40524)

rusr BOstOli CORP SBA1lES PI llIGlsrWlOll The First Boston Corportion 20 Exchnge Plce New York 10005 fUed a registration stat nt oa Hey 25 seeltilllregistratioD of 300000 hare of CaoD 8tock Such sbr bullbull are issuable on exerCise of options (l1anted OT to be l1allted)pursuant to tbe coapanys Deferred CapellllationPlan (File 2-4(525)

AIlMAC ll1WJlSBS TO SILL DEB_VUS Anuc poundntuprises Inc bullbull 3900 South Umon Ave Chicyo Ill 60609 filed regiatrtion stat_at oa May 25 skiag registration of $15 Ulioa of sinking fund subordi-nated debentures due 1981 to be offered fOT public ale by the First CollllbusCorpOTt1on 58 E Gay St bullbull Colubua Ohio 43215

OVER

SECNEWSDIGESTJUNE4 1971 Pase 2

The caapoy is euaged in the fbriction aDd _01 a1e ditribution of g_ tbl aad in the wholesale distribution of g_ table accesories baseball ui18nt and vinyl canoes and ~ft Of the net noc of its dbentUTe sale $250000 w111 be WId to reti~ a DOte owing in conaecUon with tbe acquisition of stock of Sutr tport Corporation aDd the balance for working capital aDd otb~ corporate parpoaes ID ad4itioD to indebtedness the caapany has outstaDdiDg 932429 c~D share of whicb Ichra~d E ArldD boud chaiftlaD 0WD8 2en BUTtonA Slotky is nesi4eDt (File 2-4(526)

BUlTDGTON llIjALlJ SElVIgS FILlS OIt 0llIIDIG AD SJCCI1PMl BuDtiagton Health Serrices Inc 1801 Avenue of the Sta~s LoP Apsele bullbull ealif 90067 file4 a registrtion stat nt on May26 s king registtation of 50000 share of c~n stock of which 300000 are to be offered for public sale by the caapanyaDd 150OOO(being outstaDding hares) by the bolders tbereof The offering is to be ( at $1450 per share aax1aull) throuzh uDdeTWriters headed by leu Starns Co One Vall St NewYork 10005 nd M1tchaa Jones Te~leton Inc bullbull 510 S Spring St Los Augeles 91013

Organised in 1968 the capany operates geueral hospitals exteDllled care facilities pba~cies aDd relted fcUiti Of the net proceeds of its stock ale $1 1I11lio will be ed for ezpandoncoD8truction nd remodeling of certain facilitie aDd to rtire crtain indebtdne bullbull and the balaace will be usd in connection with the caapany acquisition progr_ aDd the construction of DeW faciUties In addition to indebtedness the coaapanyhas outstaDding 1248493 c~ hare Irving N Alpern is president (File 2 -4(529)

IBERIAINTERNATIONALBIlARPS TO SILL STOCK lbeda Int~national kands Inc 475 FUtb Ave )lew York 10017 filed a registration tat_t on May 26 8eeking regi8tration of 100000 h of c~n stock to be offered for public sale at $5 per hare 0 UDdeTWriting i involved RASD -bers y participat in the offering

Organized in March the capa intends to purchas bullbull Dd iport vrious consumer good produced in Spin for resal in the U S Of the net proceeds of its stock ale $125000 will be DIed for saldes aDd the balance for working cpital Dd other corporte purpose The caoy has outstDding 260000 c~n hres of which Andre Matute board chainen aDd Pfti4eDt owns 51ft aad nage_nt officils a group 7f1L Purchasers of the share8 being regist~ed will sustain an i dite dilution of $381 in peT ahare book value frOlll the offering price (File 2-40530)

BESTPRODUCTSnLis FOIl ORAUl ANDSJtC9U Best Products Co Inc 4909-13 V Marshll St bullbull chlond ya 23230 filed a regi8tration stt nt on May 26 seeking registration of 160000 shares of CaGD tock of which 75000 are to be offerd for public sle by the copany and 85000 (being out8tnding share8) by the holdeTs thereof The offedng is to be de ( at $4625 per share aax1aull) thTough underwdters headed by Wheat amp Co Inc 801 E Main St B1c~nd 23211

The company is primarily engaged in operating a generl merehDdise busines8 at seven showrOOlllSin Vi1ginia Maryland and North Crolina nd by maU Of the net proceed8 of its stoCk ale $1 8I1llion will be used (until pelmanent financing is obtained) in connction with companys purchaa of rel property nd i~ovDtsfor use as offices and warehouse fcilities and $12 million in connection with atart Coat8 and beginning inventory purchases for two DeW outlets and the balance for working cpital and other corporte pUTposes In ddition to indebtedness aDd preferred 8tock the cOlllPanyhas outstanding 675100 c~n ahTes of which Sydney Lewia preat4ent 0WD8 612 Be propOles to sell 62282 of 411936 shres held nd 13 other the Temin1ng shares being Tesistered (rUe 2-40532)

BlTEXCORPTO SILL stOCK Bitu Corporation 195 Madne se xF1l11tdale RY 11735 ftled bull regis-tration 8ttement on May26 eeking registrtion of 99000 8hare8 of ComDn8tock to be offered for public 8ale ( t $1150 per share aax1aull) The offring is to be made through UDClerwriters heded by Philips Appel amp Vaiden Inc 111 BToadway Hew York 10006

Organiaed in 1970 the copny i8 ngaged as a comdssion uufactUTe~ in the knitting of double knit fabriCS primarUy for tutUe comrerters Of the net proceeds of ita stock sle $250000 will be used bullbull down pnt8 for the purchase of knitting -chines nd the balanc for working cpital and other corporat pUTpOles In addition to indebted_ss the company has outstanding 510100 c~n sh1ea (with a 43i pa1 8hate book vlue) of which Daniel Levy preaident 0WD8 342 and manag ut officils as a group 98Z (File 2-40534)

FIRST FBPUWISTFUND BOlaSES OnpII( Fira t Fderalist Fund Inc 2965 kandtne se bullbull NV VaIliDgton DC 20008 filad bull registration stat nt on May26 seeking registTatiOD of 500000 sbare of capital stock to be offered for public sle at $10 per hare with no sale charge The Fund will ephasiae capital pprecition It offera bull pyroll deduction plan for Government sploas H11itaTY PeToanel nd those who work for corporations fiTm8 or oraD1ampations that would perlllt paTticipation by _ana of pyroll detaction The Funds 8ets will be llocated ang a group of tawetaent advisar The ederalist Corpo-ration of Mlerica Inc will serve as lund aager George a Magher Jr i board chairan of the JuDd (FUe 2-40536)

AlRVICKDlDUST1IlESFILES F01I OnERor AID SBCOIIDHY A1rw1ck Incluatrias Inc 111 ec-eree Ubullbull CaIlstdt NJ 07072 filed a registrtion statement on May 26 seeking regi8tration of 200000 hares of CamDD8tock of which 62586 are to be offered for public ale by tbe capeny and 137414 (being outstnding shuss) by the holder thereof (Beech_ Croup Lilldted) The offednl is to be made ( at $25 per ahaTe axi8) through UDderwritels headed by NewYork SecUTities Co Inc One New York Pi Bew York 10004

The compny is engaged in the d lo nt production aDd meting of chalical specilty products Of the net proceeds of its stock sle $500000 will be uaed for the pUTchase of additional production equi ae $400000 to reduce hort-term debt and the blance for working cpital and other corporate pura bullbullbull (File 2-40537)

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SEC NEWSDIGEST JUNE4 1971 Page 3

m gTGAGE SHAUS IN PGIstWIOR PIlI Mlntaage aad lIealty DYeatora 7320 Old YcnkM Melrose Puk PeDDBylVlP1a19126 filed a ~giatration stat_nt on May26 sbullbull king ~giatTatioD of 200000 sha~a of beDeficial interest Such sha~a y be issued fraa middottt to tte in connection with the copanys DtYidend lleiaveatent Plan (F11e 2-40538)

gtTIHPTBINPUSIaIBS FILES FOtt OrrlQloo AND SIC01gWtY Tapte Industdes IDe 5990 N Washington se

Deaver Colo 80216 fUd a ~gistration stateaent on May26 seekiqg mgiatrat1_ of 375000 sbarea ofcalOn amptock of which 270000 a~ to be offe~d for public sal by the caapay aad 150000 (being outstand-ing shues) by the holders thereof The offedng is to be de ( at $12 per share aaxi_) though under-writers headed by Shearson aill amp Co Inc 14 Wall St bullbull New yOrk 10005

The cOllpany 1s engaged pr1aadly in the production ting ~f truck traUers Net proceeds of ita stock sale together with fuad8 to be borrowed will be used to repay all of the outstanding secured short-tm indebteduess owwl by two of the cOllpanys manufacturing aubsieliari (initially iDeurred in con_ctionwith the capanys purchas of a truck trailr -oufactur1as buaiDess) In addition to indebtdness thecaapany has outstanding 1802881 c~n sha~s of which aobeTt a aaland boaId chaillllampn 0WD8 211James E Lakin president 10and management officials as a group 481 Ruland proposes to sell 30001shares Lakiu 20000 and five others the temaining shans being repstered (File 2-40540)

1972 FOSSILilJELS PARTNERSHIP OFFElI)( Fuels Partnership 101 W Marcy St bullbull PROPOSES 1972 Fossil Lincoln Bldg PO Box 2444 Santa Fe NewHxico filed registration statement on May 26 seeking regis-trtion of $3750000 of pre-organisation limited patneahip interest to be offered for public sale at $2500 per anit No undenrriting is involved selected NASD _bers y pftticipte in the offering The Partnership will be engaged in aU and gas exploration B N llhodes and Associates Inc will be the general partnet H N Rhoda i PTsident of the general partner (File 2-40541)

GENERAL MEDICALFILES Faa OiFERI)( AND SECOlilDAIlYGeneral Htdical Corporation 1710 Alt-ont Ave Richmond Va 23230 filed a registration statement on May26 seeking registration of 550000 shares of common stock of which 375000 are to be offered for publiC sale by the company and 175000 (being outstanding shares) by the holders thereof The offering is to be made ( at $28 per share maximum) through underwritets headed by Herrill Lynch Pierce Fenner amp Smith Inc 70 Pine St New York 10005 and Wheat amp Co Inc 801 E Main St aichmond Va 23219

Tbe company is engaged in the distribution of a broad line of medical surgical and laboratory Ptoducts Net proceeds of its stock sale will be used in part to retire $5100000 of bank indebtedness incurred to provide working capital aod to provide cash required to cons~te several acquiSitions purchase a computer aod related system and ake capital improvements and the blance will be used for general corporate putpoae bullbull In addition to indebtedness the company haa outstanding 1591684 commonshares of which aanag nt offiCials as a group own 341 Max K Goodloe president proposes to sell 15051 of 266598 shues held three other officers aod a large mabel of others the remaining shares being registered (File 2-40542)

CAPITAL CITlES BllOADCASTDlG Cities Corporation 24 E 5ltSHAllBSIN ltBGISTllATIONCapital BroadcasUng St bullbull New York 10022 filed a registration statement on May 26 seeking registration of 182275 outstandiDi shares of c~ stock These shares aay be offered for sale frOIDtime to time by the holders thereof at prices current at the t1ae of sale ( $4625 per share aaxiaua) (File 2-40543)

lACIFIC COASTKNITTINGMILLS TO SELLSTOCK PacUic Coast Knitting Mills Inc2724 Leonis Ihd Vernon Calif 90058 filed a ~gistration stateaent on Hay 26 seeking registration of 200000 shaces of cOlllllOnstock to be offered for public aale at $8 per share The offering is to be through underwriters headed by Amherst Securities Corp bullbull 25 Broadway NewYork 10004

The company is engaged in the manufacture and distribution of double knit synthetiC and natural fabrica for wearing apparel In addition to iodebtedness the caapany has outstaoding 527270 caaon shares (with a 47- per share tangible book value) of which Dorothy L laster OWDII 45l and Myron Herschler vice president aod Albert H Sanders secretary 275l each Stanley Flaater is pYsident Purchasers of the aharea being regiatered will sustain an ~diate dilution of $568 io per share book value fro the offering pYice (F11e 2-40544)

SlampEWATCHERSDlTElUiATIOHALFnES lOll OFFEU)( ANDSECOliIDARYsoke Watchen International Inc 605 Third A8 NewYork NY 10016 filed a registration stateaent on Hay 26 seeking registration of 227500 ahares of c~n stock Of the bullbull shares 100000 are to be offered for public sale by the company ( at $4 per share lUXi_) through int Duao Securities Corp Of the reaaining sharesJ12 ~~ are outstanding shares and 15000 are iasusble upon exereise of warrants These securities y IM aale fro time to time by the holders or recipients thereof at prices current at the ti1le of sale

Organised in 1968 the company through franchiaees is engaged in helping people break the bullaking habit Net proceeds will be added to the caapanys geueral fund aod used for general corporate purpoaea The caa-pany has outstanding 468000 c~n sharea (with a 59- per share oat taasible book value) of which Nicholas Coata president 0WD8 l8l and H D Neuwirth 2n Coata and Neuwirth may sell 12000 shues each aod a luge nher of others tbe reeaining shares being registered (File 2-40545)

IMTBaHATIONAL TO SELLSrOCK International Hydron1cs Corporation Box 910 R-4 PdnceteaIlYDltOMICSNew Jepey 08540 fild a regiattation atat_nt on May 26 seking regiatration of 300000 shares of C~D

stock to be offered for public sale at $6 per share The offering is to be made through uoderwriters headed by ieIM Securities Co Ioc 39 Broadway NewYork 10006

OVER

SEC NEWS DIGEST JUNE 4 1971 Page 4

The company 18 eaged in ccmatnacti an iudustrial te disposal plant in Chicago whieb it Ul CND

aud operte thtOU8h a subaidiat t Ptoceeda of ita stock aal will be appl1ed to the coat of the Chicagoplant In addition to indebtedness tha company baa outataudl 670000 caon sharea (with a 21 per shaTebook value) of which FTancis G aUt0boari chu1lUn CNDa 101 Robert B kuns Ptea1deat 1551 andaanae_nt officials a group 751 Parch ua of the ahaTea bei registeftC will cquire bull 311stock1nteTest in the company for their iaveament of $18 UI1OD and preaent atockholders will then own 691for which they will haw paid $440774 (FUe 2-40549)

DElaOllEDISON Plt01OSq OFIJUGS The DetToit lidaon CoIIpany 200 Secoud Aft Detroit Hich48226filed a registrtion stt ot on May 27 aakiag TegiatTatioD of $100 millioD of geDeTal aud re~iDgmortgage bouds Series X due 2001 to be offeTed for public sle thTOugh uadeTWriteTamp headed by HoTganStanley amp Co Ioc 140 kodwy New Yorlt 10005 (lile 2-40550)

In a seprate registTtion stteaent the compay seeka registrtion of 4000000 shTeS of COllBOO stock to be offeTed for public sle ( at $2125 per shTe aazillUll)also throaah uade7Wt1teTsheaded by HoTgeD Stnley (File 2-40551)

A public utility the compny will use the Det Ptoceeds of its offeri a in CODDection with its COD8tTUC-t Lon PTo~t81118including Tepnt of ahort-tenD borrOWDings incurred for auch pUtpoae aud estimated to ggregate $108 million just Ptior to issue of the subject aecuritiea CoD8truction expeuditUtea are estimated at $427 million during 1971 aDd $25 billion for the period 1971 through 1975

UNlTOG FILES FOR OFfERIH AND SECONDARY Unitol COIIPny 1004 BaltiDloreAve Kans City Ho 64105filed It g1StTation stat_nt 00 May 27 seeking Tegistrt1OD of 250000 ahHa of cOllBOn stock of which 125000 aTe to be offeTed for public sle by the caapny ud 125000 (being outstuding ahares) by the holdets theTeof The offering is to be _de ( at $25 per ahare lIaxi_) through uuderwriteys headed by Morgao Stanley amp Co Inc 140 Bto y Mew Yorlt 10005

The company is engaged in the manufacture distTibution aale nd Tentl of bull quality line of industrial unifotllSnd ccessories Of the Det proceeds of its stock sle $19 million will be used to repay indebted-ness undet a bnk Tevolving loan agteement aud the balaDCe to finance the establisnDt of a Tental opetationin Philadelphiand otheT corporate PUtPoses In ddition to indebtedDes the compny has outstanding506907 coaaon shaTes of which Dutton Brookfield president 0WD8 441 He pToposes to sell 40087 of 220511 shares held BaTbaTa Brookfield Welch 11 of 69913 and Knox Brookfield 15000 of 78225 John P Hi11eT is bTod chiftlan (File 2-40552)

liEXCn SHARES IN REGISTRATION Hexce1 CoTporation 11711 Dudlin Blvd Dud lin CUf 94566 filed registTation statement on Hay 27 seeking registrtion of 47000 outstanding shares of common stock These shTes may be of feTed for sle from time to time by the holder thereof (Lee Miller vice PT8sident) t pricescutTent t the time of sale ($14 peT shaTe maximWl) (File 2-40553)

WISCONSIN NATUBAL GAS TO SELL BONDS Wiscouaio Natural Gs eompay 231 W Michign St Milwukee Wis 53201 filed a TegistTtion statement on Hay 27 seeking Tegistrampion of $10 million of first mortgage bondsdue 1996 to be offered for public sale t competitive bidding Net proceeds of its bond sale will be used to retiTe short-teTDI lona _de to provide a portion of the funds Deeded for construction expenditures Dd expected to be outstanding in the aggregte amount of $65 million at the time of the bond sle and fOT constTuction expenditures Consttuction expenditures are estimated t $115 for 1971 and $11 million for 19n (File 2-40554)

He GRAW-EDISON SHARES IN REGISTRATION HcGT8W-idison Company Elgin Ill bullbull filed Tegistration state-ment on Hay 26 seeking registration of 400000 shres of common stock issuable pUTsU8nt to the companysPTofit Sharing Plan (File 2-40555)

LAWIER CHEMICALS FILES FOR OFFERING AND SECONDARY Lawter Chemicals Inc 3550 Touby Ave Chicago 11 L 60645 filed a Tegistrtion on Hay 27 seeking Tegistratioa of 250000 shaTes of common stock of which 125000ate to be offeted for publiC sale by the company nd 125000 (being outstanding shTes) by the holders thereof The offeTing is to be made ( at $3650 per shTe maxilDUlD) through underwriteTs headed by Blunt Ellis amp Simmons 111 W Hontoe St Chicgo Ill 60603

The company is engged in the manufcture aud sle of fluorescent pigments ud coatings Ptinting ink vehicles synethic resins nd miscellneous coatings and in the manufacturing of certain printing machines Of the Det Ptoceeds of its stock sle $250000 will be used for cOD8tTUCtion of a geDeral office aud laboratory fcility in Belgium nd the balance for worlting cpital nd other corporte pUtposes Dniel J eTTS boaTd Chiftlan nd PT8s1dent Ptoposes to sell 50000 of 378660 shares held and MeUDe a Terr 75000 of 541418 (File 2-40556)

PALMER BANK PROPOSES EXCHABE OFfER Palmer Bank Corporation 1401 Main se Sarasota na 33578 fUed a Tegistration sttement on Hay 26 aeeking registration of 800000 ahares of callOn stock It is propose to offer these shares in exchnge for 11 the outstuding calOn stock of the following Banks t the indicated tates ooe share for each shre of Patet FiTampt Ntionl Bank aud TTU8t Coapny of Sar ot bullbull 125 shaTes for each ahaTe of St Armaods Plll8r Bnk aud 125 shares for ech share of Siesta Key Palmer Bnk~

The compny as organiced in March for the purpose of becoming bull bank holding compny Benton W Powell ia bord chaiftlan of Plll8r Bnk CoTp bullbull nd of all three ffiliating Banks aud William C Coleman i8 presidentof Pal_t Bank Corp bullbull nd Siesta Key (FUe 2-40557)

CONTINUED

SEC NEWSDIGESTJUNE 4 1971 Page 5

ILICTJOIC MTA SIft PMIS D IIIClftWIOIt bull Blectloatc Data Sy8t_ CoTporat1oa 1300 IDS CeDteTBltcha Parlt Dall tbullbull 75235 iUd a ~amp1at bullbull t1oD atat_Dt ODMa 27 eeklll1 ~a1tratloD of 69962outataadi hae of ~D tock 1h 1lfta bullbull 1M off~d for public bullbull 1 haa tt to tt b bhholdeTs theof t price cuneDt at the tt of bullbull 1 (60 pel ha n-) (111 2 -40558)

VARINrr COV TO SILL StQC1( 1he Vadot CoTpcnoat1oD435 IIoTth Main Wichlta laM 67202 fnd a listTatlon tat_nt 08 May 26 eekiug amp1tTa11on of 500000 hares of c~a stock 1he offelilll is to be ude ( at $350 pel hue m-) tbTough BaTDI ltydar Waddlebullbull ad eopa1lJ

Otgoised 18 Maftb 1969 the capa8 is ugqed thTough nbidlari bullbull In 011 aIId g esploratloD aad l81atd actlvitl aDd 18 uaq11l1 nturota aIId 0WDi8g1bullbull 1 tat aDd aqu1 nt Of tbe _t proc bullbull d of ita tock ale $500000 will be used to parcb e or I ditio 1 prodaciug oil propeTtl bullbull aad in Ielated activltie aad the ba1aDce fOT vorklug capital aad oth1 corporate The caapa1lJ h outstaadiugpurpo856029 c~n shu (witb a 77 per haTe book value) of which Bugoe TOTlioe boud chaiTUD aDd PTesident 0WD8 131 aDd g_nt offidals as a Itoup 201 (ru 2-40559)

~ PUdlS rpp lb followiug haw fnct Fona S-I TegiBtration stat_nU with the SIC UDg registTation of bullbull curities to be offeTct puruant to ployee stock and Telated plana

AIIociatd Spriug CorporationmiddotmiddotBristol Conn (Fiie 2-40514) - 175685 shares NatiODal SpiaaiDg Co Inc MIl Yotk NY (Fne 2-4(515) - 100000 ahaTs Geable-Skepo Inc bullbull Hlaaeapolis Hlaa (FUe 2-4(535) - 60000 shues Buffalo Forg Capa1lJ Buffalo IiY (Fil 2 -4(539) - 42000 shus InvestOT DiveTsified Servics Inc Minneapolis Minn (File 2-4(546) - 250000 shaTe ~ican FiDaDclal Corporation CiDeiDDati Ohio (Fil 2-40547) - 150000 shaTes OWDes-COTDiug11belamplas CoTpOTa11onToledo Ohio (FUe 2-40548) 76S275 shaTes The StaDelaTdBagistr Caapany Dayton Ohio (FUe 2-40568) - 107000 shaTes Glas ContaiDeT Corporation Fullerton Calif (File 2-40513 - 38277 hare

KISCIlLtNOUS

TWIWi RIPPSIQ CQlIIDUBD lbe SEC bas ordered the SUSpeD8iODof achoae and OYeI-th -eOUDtetradiug in the c~n stock of Ecological Science Corporation fOT the fulther teo-day peTiod JuDe 4middot-13 1971inclusive

IRem lQRM 8-1 iILIliGS 1he companies listed below have filed Form 8-K reports for the IIOnth indicatednd responding to the it of the rOTa specified in parentheses Photocopies thereof y be purchasect fromthe Coaadsion Public lteference Section (in ordering plese give IIOnth ancl ar of lepOTt) Iavoice viIIbe iDeluded with the Tequeted Udal when l1ed An index of the captioDs of the evelal it_ of thefoftl a included In the JUDe 3 Neva Digest

~ Reports for Fe) 71

Public Service Electric amp Gas Co (1213) 1-973-2 Perkin-Elmer Corporation Wicooin R l Investment Trut

Shll International Finance NV (2) 1-4389-2 S6pt 69 (213) 0-2568-2

6~ for Karch 71 1-5503-2 May 70 (213) 0-2568-2

United Vlqinia Bankahares Inc Africa USA Inc MaTCh71 (7) 0-1145- 2 HaTCh71 (12) 2-37497-2 Alleaheny Pepsi Cola Bott1inl Co

Wyoa1n Industrial Develop_nt Corp SlP Corp March 70 (113) 0-1053-2

(11) Har 71 2-26917-2 June 70 (31113) 1-5836-2 Chicago Milwaukee St Paul amp Dec 70 (213) 1-5836-2 Pacific III Co

Penn Virlinia Corportion March 71 (1213) 1-3288-2

(8) 0-753-2 United states Bnvelope Co Texfi Industrie Inc 0-4396-2 IlCACorporation (1113 ) 0-235-2

(7111213) 1-978-2 Wbittaker Corp Sentta Service Corporation RD Product Inc (11) 0-3321-2 (12) 1-5407-2 Oct 70 (1113) 1-6131- 2 SetUTDAirway Inc (2) 1-5844-2

Conurlico Corp SIMlthrn Ity Co Mononaabela Power Co (11l2) 0-4344-2 (7I3) 1-743-2

MaTCh71 (1113) 1-5164-2 Stir1inl RomexCorporation United State Sugar COTPOramption Plr One I~Tt Inc (11 ) 0-5250-2 (11) 0-162-2

(713 ) 1-6413-2 Henry 1 Siegel Co Inc Cautrix Corporation

ConaoUdatecl Natural Gas Co (1112) 1-4885-2 March 71 (1) 0-3844-2 Karch 71 (1213) 1-3196-2 U S Hoe amp Developant Corp Penn Pacific Corp

Prdue Rousina Industrie Inc (2713) 1-5899-2 (2111213) 0-730-2 (1213) 2-37937-2

StanTay CorpoTation Cntury Laboratories Inc

MaTCh71 (11) 1-3613-2 (1213) 0-3303-2

Wall Fareo amp Co Renry Pratt COIIpampny

(12) 1-6214-2 (4711) 2-28107-2

OVER

0-4226-2

SIC NEWS DIGEST JUNE 4 1971 Paze 6

8l Reports fOT reb 71 Coatd

Tecbaitrend Inc (12) 0-5401-2 American Pioneer Life Insurance Co Sbells City Inc Trailer Train Co 11 for Nov 70(1) 2-19481-2 1 for Jan 71 (213)

(713 ) 2-20540-2 Western Orbia COIIpaDyPrudent Resources Trust 1 for Nov 70 (7913) 1-4783-2

Txaa OU amp Gas Corp II for Jan 71 (13) 1-5536-2(711 ) 1-4995-2 The Penutar COIIpAny

United Comitis Corp Wolins Pharmacal Corp 1 for Feb 71 (213) 0-1993-2O2l213) 0-3611-2 1 for Dec 70 (11213)

All-Tech Industris IncPackaainl Syst Corporation Pentair Industries InC 1 for Nov 70 (12) 0-2993-2

(11l213) 2-3l237-2 II for Dec 70 (12) 0-4689-2

Ponderosa Syst Inc White Shield Corporation(12) 0-3816-2 American Financial Corp 1 for reb 71 (7) 0-3080-2

Shorebank Inc (713) 0-3818-2 1 for Dec 70 (8) 0-839-2The Texstar Corporation ConslDlers Water Co

Pan Ocean OU Corporation 12 for Nov 70 (l13) 1-4229-2 1 for Nov 70 (713) 0-493-2(2713) 2-33587-2 William Penn Racing Association Udico CorporationDec 70 (1113) 2-33587-2 Oct 70 (13) 0-2769-2 Jan 71 (1213) 1-5839-2

Plywouth lubber Co Inc March 71 (11) 1-5197-2 Thompson International Corporation Fremont First National Co

lobo-Wash Inc (1113) 0-3457-2 1 for Oct 70 (1) 0-4959-2 1 for Dec 70 (7) 2-27699-2 Standard Pressed Steel COIIpampDY Palomar Financial(12) 1-4416-2 Feb 70 (13) 1-6547-2

Crane CompanyVal DOr Industries Inc Dec 70 (7810) 1-1457-2

l213) Transairco Inc Okonite Co 2 for Jan 71 (7) 1-3461-2 1 for Aug 68 1-6419-2Pakco Companies lne Feb 71 lt313) 0-592-2 l essey Incorporated

0-4116-2 Capital Reserve Corporation1 for June 70 (13) 1 for Dec 70 (12) 0-3551-2 Arndt8K Report~ Tanger Industries Inc

First General Resources Co HI for Jan 71 (713) 1-6301-2 Philippine Lonl Ditance Tlephon Co 2 to 8K for Dec 69 (213)0-129-2 6~ for March 71 1-3006-2Taxtronics Inc Reinel1 Industries Inc1 for Jan 71 (13) 2-32842-2 1 f or July 70 (213) 0-4349-2 Philip Industribullbull Philips NV

Beckman Instruments Inc Republic Corp amp U S Philips TR 6~ for 12-21-70 thru 3-22-711 for Jan 71 (6) 1-3664-2 1 for Jan 71 (712) 1-5603-2 2-20193-2

Bessemer E Lakes Erie RR Co Teletrans Industries Inc Canadian Javelin Ltd

1 for Jan 71 (11) 1-3529-2 Dec 70 (3) 1-6486-2 11 for Feb 71 (12) 1-4192-2

Commercial Solvents Corporation Collin Radio Co U S HOM amp Devdo~nt Corp1 for Dec 70 (10) 1-55-2 1 for Nov 70 (4) 1-4248-2 1 for Jan 71 (7) 1-5899-2Dan River Inc Feb 71 (3) 1-3912-2 Ultra Dynaaics Corporation

11 for Oct 70 (13) 2-32789-2 Diagnostic Inc

Stone Container Corp 1 for Jan 70 (17910111213)1 for Dec 70 (13) 1-3439-2 Signod Corp 0-4136-2

11 for Fb 71 (7) 1-1282-2 1 for June 70 (910111213)Graniteville Co 0-4136-2

1 for Feb 71 (13) 1-4630-2

SECURITIES Jtr aBGISTUTIORS Effective JUDe 3 cam Corpcnoation 2-39908 (90 days) Cotton Stats Life aDd Health lnaUTaDC8 ecpaD) 2-39n9(Sept 2) Dell Drilliaa PuDd-1971 2-394a2(90days) Geao IndustriesIDe bullbull 2-403n Geao IDdustrls lac 2-39945 Hartford Rational Corpcnoat1on 2-400t3 Pacific POWI 60Lipt COIaPsoy 2-40299 Peabody Galion Corpcnoation 2-40007 J C Penney Ccapany Inc 2-40533 Sperry Rand Corp2-40332 University Coputiaa eopany 2-39985 (40 clays)Walter Kidde 60Cospany Inc 2-39164 Ward Cut-aite Dn Ccapany 2-40304 W hiagton Beal latat Imresteat Tr_t 2-39888 Wstrans Industries IDc bullbull 2-39898The WUli_ ecpanis 2-39986 Th Wiatr Park Telphone eopany 2-4aot1 and 2-40042

NOT TO DIALyenS Th period of ti_ dalrs aft requird to use th prospectus in trading transactions is shown above in parenthe bullbullbull aftr the nae of the issuer

This is a reportiag ccapaD) aDd fUTther iafcmution with respect to its business and operations is aailabl in the eo1bullbullions Public Beference fils As esttampted for ptWpOSe8 of ccaputiag the reglstratioD fee

I PeDdiDB distribution of this ampel by the ~sioa to the appropriate tliDB lists iaterested persons should consult the Fdral Begiter for ore details of the rl

---0000000---

SECNEWSDIGESTJUNE4 1971 Pase 2

The caapoy is euaged in the fbriction aDd _01 a1e ditribution of g_ tbl aad in the wholesale distribution of g_ table accesories baseball ui18nt and vinyl canoes and ~ft Of the net noc of its dbentUTe sale $250000 w111 be WId to reti~ a DOte owing in conaecUon with tbe acquisition of stock of Sutr tport Corporation aDd the balance for working capital aDd otb~ corporate parpoaes ID ad4itioD to indebtedness the caapany has outstaDdiDg 932429 c~D share of whicb Ichra~d E ArldD boud chaiftlaD 0WD8 2en BUTtonA Slotky is nesi4eDt (File 2-4(526)

BUlTDGTON llIjALlJ SElVIgS FILlS OIt 0llIIDIG AD SJCCI1PMl BuDtiagton Health Serrices Inc 1801 Avenue of the Sta~s LoP Apsele bullbull ealif 90067 file4 a registrtion stat nt on May26 s king registtation of 50000 share of c~n stock of which 300000 are to be offered for public sale by the caapanyaDd 150OOO(being outstaDding hares) by the bolders tbereof The offering is to be ( at $1450 per share aax1aull) throuzh uDdeTWriters headed by leu Starns Co One Vall St NewYork 10005 nd M1tchaa Jones Te~leton Inc bullbull 510 S Spring St Los Augeles 91013

Organised in 1968 the capany operates geueral hospitals exteDllled care facilities pba~cies aDd relted fcUiti Of the net proceeds of its stock ale $1 1I11lio will be ed for ezpandoncoD8truction nd remodeling of certain facilitie aDd to rtire crtain indebtdne bullbull and the balaace will be usd in connection with the caapany acquisition progr_ aDd the construction of DeW faciUties In addition to indebtedness the coaapanyhas outstaDding 1248493 c~ hare Irving N Alpern is president (File 2 -4(529)

IBERIAINTERNATIONALBIlARPS TO SILL STOCK lbeda Int~national kands Inc 475 FUtb Ave )lew York 10017 filed a registration tat_t on May 26 8eeking regi8tration of 100000 h of c~n stock to be offered for public sale at $5 per hare 0 UDdeTWriting i involved RASD -bers y participat in the offering

Organized in March the capa intends to purchas bullbull Dd iport vrious consumer good produced in Spin for resal in the U S Of the net proceeds of its stock ale $125000 will be DIed for saldes aDd the balance for working cpital Dd other corporte purpose The caoy has outstDding 260000 c~n hres of which Andre Matute board chainen aDd Pfti4eDt owns 51ft aad nage_nt officils a group 7f1L Purchasers of the share8 being regist~ed will sustain an i dite dilution of $381 in peT ahare book value frOlll the offering price (File 2-40530)

BESTPRODUCTSnLis FOIl ORAUl ANDSJtC9U Best Products Co Inc 4909-13 V Marshll St bullbull chlond ya 23230 filed a regi8tration stt nt on May 26 seeking registration of 160000 shares of CaGD tock of which 75000 are to be offerd for public sle by the copany and 85000 (being out8tnding share8) by the holdeTs thereof The offedng is to be de ( at $4625 per share aax1aull) thTough underwdters headed by Wheat amp Co Inc 801 E Main St B1c~nd 23211

The company is primarily engaged in operating a generl merehDdise busines8 at seven showrOOlllSin Vi1ginia Maryland and North Crolina nd by maU Of the net proceed8 of its stoCk ale $1 8I1llion will be used (until pelmanent financing is obtained) in connction with companys purchaa of rel property nd i~ovDtsfor use as offices and warehouse fcilities and $12 million in connection with atart Coat8 and beginning inventory purchases for two DeW outlets and the balance for working cpital and other corporte pUTposes In ddition to indebtedness aDd preferred 8tock the cOlllPanyhas outstanding 675100 c~n ahTes of which Sydney Lewia preat4ent 0WD8 612 Be propOles to sell 62282 of 411936 shres held nd 13 other the Temin1ng shares being Tesistered (rUe 2-40532)

BlTEXCORPTO SILL stOCK Bitu Corporation 195 Madne se xF1l11tdale RY 11735 ftled bull regis-tration 8ttement on May26 eeking registrtion of 99000 8hare8 of ComDn8tock to be offered for public 8ale ( t $1150 per share aax1aull) The offring is to be made through UDClerwriters heded by Philips Appel amp Vaiden Inc 111 BToadway Hew York 10006

Organiaed in 1970 the copny i8 ngaged as a comdssion uufactUTe~ in the knitting of double knit fabriCS primarUy for tutUe comrerters Of the net proceeds of ita stock sle $250000 will be used bullbull down pnt8 for the purchase of knitting -chines nd the balanc for working cpital and other corporat pUTpOles In addition to indebted_ss the company has outstanding 510100 c~n sh1ea (with a 43i pa1 8hate book vlue) of which Daniel Levy preaident 0WD8 342 and manag ut officils as a group 98Z (File 2-40534)

FIRST FBPUWISTFUND BOlaSES OnpII( Fira t Fderalist Fund Inc 2965 kandtne se bullbull NV VaIliDgton DC 20008 filad bull registration stat nt on May26 seeking registTatiOD of 500000 sbare of capital stock to be offered for public sle at $10 per hare with no sale charge The Fund will ephasiae capital pprecition It offera bull pyroll deduction plan for Government sploas H11itaTY PeToanel nd those who work for corporations fiTm8 or oraD1ampations that would perlllt paTticipation by _ana of pyroll detaction The Funds 8ets will be llocated ang a group of tawetaent advisar The ederalist Corpo-ration of Mlerica Inc will serve as lund aager George a Magher Jr i board chairan of the JuDd (FUe 2-40536)

AlRVICKDlDUST1IlESFILES F01I OnERor AID SBCOIIDHY A1rw1ck Incluatrias Inc 111 ec-eree Ubullbull CaIlstdt NJ 07072 filed a registrtion statement on May 26 seeking regi8tration of 200000 hares of CamDD8tock of which 62586 are to be offered for public ale by tbe capeny and 137414 (being outstnding shuss) by the holder thereof (Beech_ Croup Lilldted) The offednl is to be made ( at $25 per ahaTe axi8) through UDderwritels headed by NewYork SecUTities Co Inc One New York Pi Bew York 10004

The compny is engaged in the d lo nt production aDd meting of chalical specilty products Of the net proceeds of its stock sle $500000 will be uaed for the pUTchase of additional production equi ae $400000 to reduce hort-term debt and the blance for working cpital and other corporate pura bullbullbull (File 2-40537)

CONTINUBP

SEC NEWSDIGEST JUNE4 1971 Page 3

m gTGAGE SHAUS IN PGIstWIOR PIlI Mlntaage aad lIealty DYeatora 7320 Old YcnkM Melrose Puk PeDDBylVlP1a19126 filed a ~giatration stat_nt on May26 sbullbull king ~giatTatioD of 200000 sha~a of beDeficial interest Such sha~a y be issued fraa middottt to tte in connection with the copanys DtYidend lleiaveatent Plan (F11e 2-40538)

gtTIHPTBINPUSIaIBS FILES FOtt OrrlQloo AND SIC01gWtY Tapte Industdes IDe 5990 N Washington se

Deaver Colo 80216 fUd a ~gistration stateaent on May26 seekiqg mgiatrat1_ of 375000 sbarea ofcalOn amptock of which 270000 a~ to be offe~d for public sal by the caapay aad 150000 (being outstand-ing shues) by the holders thereof The offedng is to be de ( at $12 per share aaxi_) though under-writers headed by Shearson aill amp Co Inc 14 Wall St bullbull New yOrk 10005

The cOllpany 1s engaged pr1aadly in the production ting ~f truck traUers Net proceeds of ita stock sale together with fuad8 to be borrowed will be used to repay all of the outstanding secured short-tm indebteduess owwl by two of the cOllpanys manufacturing aubsieliari (initially iDeurred in con_ctionwith the capanys purchas of a truck trailr -oufactur1as buaiDess) In addition to indebtdness thecaapany has outstanding 1802881 c~n sha~s of which aobeTt a aaland boaId chaillllampn 0WD8 211James E Lakin president 10and management officials as a group 481 Ruland proposes to sell 30001shares Lakiu 20000 and five others the temaining shans being repstered (File 2-40540)

1972 FOSSILilJELS PARTNERSHIP OFFElI)( Fuels Partnership 101 W Marcy St bullbull PROPOSES 1972 Fossil Lincoln Bldg PO Box 2444 Santa Fe NewHxico filed registration statement on May 26 seeking regis-trtion of $3750000 of pre-organisation limited patneahip interest to be offered for public sale at $2500 per anit No undenrriting is involved selected NASD _bers y pftticipte in the offering The Partnership will be engaged in aU and gas exploration B N llhodes and Associates Inc will be the general partnet H N Rhoda i PTsident of the general partner (File 2-40541)

GENERAL MEDICALFILES Faa OiFERI)( AND SECOlilDAIlYGeneral Htdical Corporation 1710 Alt-ont Ave Richmond Va 23230 filed a registration statement on May26 seeking registration of 550000 shares of common stock of which 375000 are to be offered for publiC sale by the company and 175000 (being outstanding shares) by the holders thereof The offering is to be made ( at $28 per share maximum) through underwritets headed by Herrill Lynch Pierce Fenner amp Smith Inc 70 Pine St New York 10005 and Wheat amp Co Inc 801 E Main St aichmond Va 23219

Tbe company is engaged in the distribution of a broad line of medical surgical and laboratory Ptoducts Net proceeds of its stock sale will be used in part to retire $5100000 of bank indebtedness incurred to provide working capital aod to provide cash required to cons~te several acquiSitions purchase a computer aod related system and ake capital improvements and the blance will be used for general corporate putpoae bullbull In addition to indebtedness the company haa outstanding 1591684 commonshares of which aanag nt offiCials as a group own 341 Max K Goodloe president proposes to sell 15051 of 266598 shues held three other officers aod a large mabel of others the remaining shares being registered (File 2-40542)

CAPITAL CITlES BllOADCASTDlG Cities Corporation 24 E 5ltSHAllBSIN ltBGISTllATIONCapital BroadcasUng St bullbull New York 10022 filed a registration statement on May 26 seeking registration of 182275 outstandiDi shares of c~ stock These shares aay be offered for sale frOIDtime to time by the holders thereof at prices current at the t1ae of sale ( $4625 per share aaxiaua) (File 2-40543)

lACIFIC COASTKNITTINGMILLS TO SELLSTOCK PacUic Coast Knitting Mills Inc2724 Leonis Ihd Vernon Calif 90058 filed a ~gistration stateaent on Hay 26 seeking registration of 200000 shaces of cOlllllOnstock to be offered for public aale at $8 per share The offering is to be through underwriters headed by Amherst Securities Corp bullbull 25 Broadway NewYork 10004

The company is engaged in the manufacture and distribution of double knit synthetiC and natural fabrica for wearing apparel In addition to iodebtedness the caapany has outstaoding 527270 caaon shares (with a 47- per share tangible book value) of which Dorothy L laster OWDII 45l and Myron Herschler vice president aod Albert H Sanders secretary 275l each Stanley Flaater is pYsident Purchasers of the aharea being regiatered will sustain an ~diate dilution of $568 io per share book value fro the offering pYice (F11e 2-40544)

SlampEWATCHERSDlTElUiATIOHALFnES lOll OFFEU)( ANDSECOliIDARYsoke Watchen International Inc 605 Third A8 NewYork NY 10016 filed a registration stateaent on Hay 26 seeking registration of 227500 ahares of c~n stock Of the bullbull shares 100000 are to be offered for public sale by the company ( at $4 per share lUXi_) through int Duao Securities Corp Of the reaaining sharesJ12 ~~ are outstanding shares and 15000 are iasusble upon exereise of warrants These securities y IM aale fro time to time by the holders or recipients thereof at prices current at the ti1le of sale

Organised in 1968 the company through franchiaees is engaged in helping people break the bullaking habit Net proceeds will be added to the caapanys geueral fund aod used for general corporate purpoaea The caa-pany has outstanding 468000 c~n sharea (with a 59- per share oat taasible book value) of which Nicholas Coata president 0WD8 l8l and H D Neuwirth 2n Coata and Neuwirth may sell 12000 shues each aod a luge nher of others tbe reeaining shares being registered (File 2-40545)

IMTBaHATIONAL TO SELLSrOCK International Hydron1cs Corporation Box 910 R-4 PdnceteaIlYDltOMICSNew Jepey 08540 fild a regiattation atat_nt on May 26 seking regiatration of 300000 shares of C~D

stock to be offered for public sale at $6 per share The offering is to be made through uoderwriters headed by ieIM Securities Co Ioc 39 Broadway NewYork 10006

OVER

SEC NEWS DIGEST JUNE 4 1971 Page 4

The company 18 eaged in ccmatnacti an iudustrial te disposal plant in Chicago whieb it Ul CND

aud operte thtOU8h a subaidiat t Ptoceeda of ita stock aal will be appl1ed to the coat of the Chicagoplant In addition to indebtedness tha company baa outataudl 670000 caon sharea (with a 21 per shaTebook value) of which FTancis G aUt0boari chu1lUn CNDa 101 Robert B kuns Ptea1deat 1551 andaanae_nt officials a group 751 Parch ua of the ahaTea bei registeftC will cquire bull 311stock1nteTest in the company for their iaveament of $18 UI1OD and preaent atockholders will then own 691for which they will haw paid $440774 (FUe 2-40549)

DElaOllEDISON Plt01OSq OFIJUGS The DetToit lidaon CoIIpany 200 Secoud Aft Detroit Hich48226filed a registrtion stt ot on May 27 aakiag TegiatTatioD of $100 millioD of geDeTal aud re~iDgmortgage bouds Series X due 2001 to be offeTed for public sle thTOugh uadeTWriteTamp headed by HoTganStanley amp Co Ioc 140 kodwy New Yorlt 10005 (lile 2-40550)

In a seprate registTtion stteaent the compay seeka registrtion of 4000000 shTeS of COllBOO stock to be offeTed for public sle ( at $2125 per shTe aazillUll)also throaah uade7Wt1teTsheaded by HoTgeD Stnley (File 2-40551)

A public utility the compny will use the Det Ptoceeds of its offeri a in CODDection with its COD8tTUC-t Lon PTo~t81118including Tepnt of ahort-tenD borrOWDings incurred for auch pUtpoae aud estimated to ggregate $108 million just Ptior to issue of the subject aecuritiea CoD8truction expeuditUtea are estimated at $427 million during 1971 aDd $25 billion for the period 1971 through 1975

UNlTOG FILES FOR OFfERIH AND SECONDARY Unitol COIIPny 1004 BaltiDloreAve Kans City Ho 64105filed It g1StTation stat_nt 00 May 27 seeking Tegistrt1OD of 250000 ahHa of cOllBOn stock of which 125000 aTe to be offeTed for public sle by the caapny ud 125000 (being outstuding ahares) by the holdets theTeof The offering is to be _de ( at $25 per ahare lIaxi_) through uuderwriteys headed by Morgao Stanley amp Co Inc 140 Bto y Mew Yorlt 10005

The company is engaged in the manufacture distTibution aale nd Tentl of bull quality line of industrial unifotllSnd ccessories Of the Det proceeds of its stock sle $19 million will be used to repay indebted-ness undet a bnk Tevolving loan agteement aud the balaDCe to finance the establisnDt of a Tental opetationin Philadelphiand otheT corporate PUtPoses In ddition to indebtedDes the compny has outstanding506907 coaaon shaTes of which Dutton Brookfield president 0WD8 441 He pToposes to sell 40087 of 220511 shares held BaTbaTa Brookfield Welch 11 of 69913 and Knox Brookfield 15000 of 78225 John P Hi11eT is bTod chiftlan (File 2-40552)

liEXCn SHARES IN REGISTRATION Hexce1 CoTporation 11711 Dudlin Blvd Dud lin CUf 94566 filed registTation statement on Hay 27 seeking registrtion of 47000 outstanding shares of common stock These shTes may be of feTed for sle from time to time by the holder thereof (Lee Miller vice PT8sident) t pricescutTent t the time of sale ($14 peT shaTe maximWl) (File 2-40553)

WISCONSIN NATUBAL GAS TO SELL BONDS Wiscouaio Natural Gs eompay 231 W Michign St Milwukee Wis 53201 filed a TegistTtion statement on Hay 27 seeking Tegistrampion of $10 million of first mortgage bondsdue 1996 to be offered for public sale t competitive bidding Net proceeds of its bond sale will be used to retiTe short-teTDI lona _de to provide a portion of the funds Deeded for construction expenditures Dd expected to be outstanding in the aggregte amount of $65 million at the time of the bond sle and fOT constTuction expenditures Consttuction expenditures are estimated t $115 for 1971 and $11 million for 19n (File 2-40554)

He GRAW-EDISON SHARES IN REGISTRATION HcGT8W-idison Company Elgin Ill bullbull filed Tegistration state-ment on Hay 26 seeking registration of 400000 shres of common stock issuable pUTsU8nt to the companysPTofit Sharing Plan (File 2-40555)

LAWIER CHEMICALS FILES FOR OFFERING AND SECONDARY Lawter Chemicals Inc 3550 Touby Ave Chicago 11 L 60645 filed a Tegistrtion on Hay 27 seeking Tegistratioa of 250000 shaTes of common stock of which 125000ate to be offeted for publiC sale by the company nd 125000 (being outstanding shTes) by the holders thereof The offeTing is to be made ( at $3650 per shTe maxilDUlD) through underwriteTs headed by Blunt Ellis amp Simmons 111 W Hontoe St Chicgo Ill 60603

The company is engged in the manufcture aud sle of fluorescent pigments ud coatings Ptinting ink vehicles synethic resins nd miscellneous coatings and in the manufacturing of certain printing machines Of the Det Ptoceeds of its stock sle $250000 will be used for cOD8tTUCtion of a geDeral office aud laboratory fcility in Belgium nd the balance for worlting cpital nd other corporte pUtposes Dniel J eTTS boaTd Chiftlan nd PT8s1dent Ptoposes to sell 50000 of 378660 shares held and MeUDe a Terr 75000 of 541418 (File 2-40556)

PALMER BANK PROPOSES EXCHABE OFfER Palmer Bank Corporation 1401 Main se Sarasota na 33578 fUed a Tegistration sttement on Hay 26 aeeking registration of 800000 ahares of callOn stock It is propose to offer these shares in exchnge for 11 the outstuding calOn stock of the following Banks t the indicated tates ooe share for each shre of Patet FiTampt Ntionl Bank aud TTU8t Coapny of Sar ot bullbull 125 shaTes for each ahaTe of St Armaods Plll8r Bnk aud 125 shares for ech share of Siesta Key Palmer Bnk~

The compny as organiced in March for the purpose of becoming bull bank holding compny Benton W Powell ia bord chaiftlan of Plll8r Bnk CoTp bullbull nd of all three ffiliating Banks aud William C Coleman i8 presidentof Pal_t Bank Corp bullbull nd Siesta Key (FUe 2-40557)

CONTINUED

SEC NEWSDIGESTJUNE 4 1971 Page 5

ILICTJOIC MTA SIft PMIS D IIIClftWIOIt bull Blectloatc Data Sy8t_ CoTporat1oa 1300 IDS CeDteTBltcha Parlt Dall tbullbull 75235 iUd a ~amp1at bullbull t1oD atat_Dt ODMa 27 eeklll1 ~a1tratloD of 69962outataadi hae of ~D tock 1h 1lfta bullbull 1M off~d for public bullbull 1 haa tt to tt b bhholdeTs theof t price cuneDt at the tt of bullbull 1 (60 pel ha n-) (111 2 -40558)

VARINrr COV TO SILL StQC1( 1he Vadot CoTpcnoat1oD435 IIoTth Main Wichlta laM 67202 fnd a listTatlon tat_nt 08 May 26 eekiug amp1tTa11on of 500000 hares of c~a stock 1he offelilll is to be ude ( at $350 pel hue m-) tbTough BaTDI ltydar Waddlebullbull ad eopa1lJ

Otgoised 18 Maftb 1969 the capa8 is ugqed thTough nbidlari bullbull In 011 aIId g esploratloD aad l81atd actlvitl aDd 18 uaq11l1 nturota aIId 0WDi8g1bullbull 1 tat aDd aqu1 nt Of tbe _t proc bullbull d of ita tock ale $500000 will be used to parcb e or I ditio 1 prodaciug oil propeTtl bullbull aad in Ielated activltie aad the ba1aDce fOT vorklug capital aad oth1 corporate The caapa1lJ h outstaadiugpurpo856029 c~n shu (witb a 77 per haTe book value) of which Bugoe TOTlioe boud chaiTUD aDd PTesident 0WD8 131 aDd g_nt offidals as a Itoup 201 (ru 2-40559)

~ PUdlS rpp lb followiug haw fnct Fona S-I TegiBtration stat_nU with the SIC UDg registTation of bullbull curities to be offeTct puruant to ployee stock and Telated plana

AIIociatd Spriug CorporationmiddotmiddotBristol Conn (Fiie 2-40514) - 175685 shares NatiODal SpiaaiDg Co Inc MIl Yotk NY (Fne 2-4(515) - 100000 ahaTs Geable-Skepo Inc bullbull Hlaaeapolis Hlaa (FUe 2-4(535) - 60000 shues Buffalo Forg Capa1lJ Buffalo IiY (Fil 2 -4(539) - 42000 shus InvestOT DiveTsified Servics Inc Minneapolis Minn (File 2-4(546) - 250000 shaTe ~ican FiDaDclal Corporation CiDeiDDati Ohio (Fil 2-40547) - 150000 shaTes OWDes-COTDiug11belamplas CoTpOTa11onToledo Ohio (FUe 2-40548) 76S275 shaTes The StaDelaTdBagistr Caapany Dayton Ohio (FUe 2-40568) - 107000 shaTes Glas ContaiDeT Corporation Fullerton Calif (File 2-40513 - 38277 hare

KISCIlLtNOUS

TWIWi RIPPSIQ CQlIIDUBD lbe SEC bas ordered the SUSpeD8iODof achoae and OYeI-th -eOUDtetradiug in the c~n stock of Ecological Science Corporation fOT the fulther teo-day peTiod JuDe 4middot-13 1971inclusive

IRem lQRM 8-1 iILIliGS 1he companies listed below have filed Form 8-K reports for the IIOnth indicatednd responding to the it of the rOTa specified in parentheses Photocopies thereof y be purchasect fromthe Coaadsion Public lteference Section (in ordering plese give IIOnth ancl ar of lepOTt) Iavoice viIIbe iDeluded with the Tequeted Udal when l1ed An index of the captioDs of the evelal it_ of thefoftl a included In the JUDe 3 Neva Digest

~ Reports for Fe) 71

Public Service Electric amp Gas Co (1213) 1-973-2 Perkin-Elmer Corporation Wicooin R l Investment Trut

Shll International Finance NV (2) 1-4389-2 S6pt 69 (213) 0-2568-2

6~ for Karch 71 1-5503-2 May 70 (213) 0-2568-2

United Vlqinia Bankahares Inc Africa USA Inc MaTCh71 (7) 0-1145- 2 HaTCh71 (12) 2-37497-2 Alleaheny Pepsi Cola Bott1inl Co

Wyoa1n Industrial Develop_nt Corp SlP Corp March 70 (113) 0-1053-2

(11) Har 71 2-26917-2 June 70 (31113) 1-5836-2 Chicago Milwaukee St Paul amp Dec 70 (213) 1-5836-2 Pacific III Co

Penn Virlinia Corportion March 71 (1213) 1-3288-2

(8) 0-753-2 United states Bnvelope Co Texfi Industrie Inc 0-4396-2 IlCACorporation (1113 ) 0-235-2

(7111213) 1-978-2 Wbittaker Corp Sentta Service Corporation RD Product Inc (11) 0-3321-2 (12) 1-5407-2 Oct 70 (1113) 1-6131- 2 SetUTDAirway Inc (2) 1-5844-2

Conurlico Corp SIMlthrn Ity Co Mononaabela Power Co (11l2) 0-4344-2 (7I3) 1-743-2

MaTCh71 (1113) 1-5164-2 Stir1inl RomexCorporation United State Sugar COTPOramption Plr One I~Tt Inc (11 ) 0-5250-2 (11) 0-162-2

(713 ) 1-6413-2 Henry 1 Siegel Co Inc Cautrix Corporation

ConaoUdatecl Natural Gas Co (1112) 1-4885-2 March 71 (1) 0-3844-2 Karch 71 (1213) 1-3196-2 U S Hoe amp Developant Corp Penn Pacific Corp

Prdue Rousina Industrie Inc (2713) 1-5899-2 (2111213) 0-730-2 (1213) 2-37937-2

StanTay CorpoTation Cntury Laboratories Inc

MaTCh71 (11) 1-3613-2 (1213) 0-3303-2

Wall Fareo amp Co Renry Pratt COIIpampny

(12) 1-6214-2 (4711) 2-28107-2

OVER

0-4226-2

SIC NEWS DIGEST JUNE 4 1971 Paze 6

8l Reports fOT reb 71 Coatd

Tecbaitrend Inc (12) 0-5401-2 American Pioneer Life Insurance Co Sbells City Inc Trailer Train Co 11 for Nov 70(1) 2-19481-2 1 for Jan 71 (213)

(713 ) 2-20540-2 Western Orbia COIIpaDyPrudent Resources Trust 1 for Nov 70 (7913) 1-4783-2

Txaa OU amp Gas Corp II for Jan 71 (13) 1-5536-2(711 ) 1-4995-2 The Penutar COIIpAny

United Comitis Corp Wolins Pharmacal Corp 1 for Feb 71 (213) 0-1993-2O2l213) 0-3611-2 1 for Dec 70 (11213)

All-Tech Industris IncPackaainl Syst Corporation Pentair Industries InC 1 for Nov 70 (12) 0-2993-2

(11l213) 2-3l237-2 II for Dec 70 (12) 0-4689-2

Ponderosa Syst Inc White Shield Corporation(12) 0-3816-2 American Financial Corp 1 for reb 71 (7) 0-3080-2

Shorebank Inc (713) 0-3818-2 1 for Dec 70 (8) 0-839-2The Texstar Corporation ConslDlers Water Co

Pan Ocean OU Corporation 12 for Nov 70 (l13) 1-4229-2 1 for Nov 70 (713) 0-493-2(2713) 2-33587-2 William Penn Racing Association Udico CorporationDec 70 (1113) 2-33587-2 Oct 70 (13) 0-2769-2 Jan 71 (1213) 1-5839-2

Plywouth lubber Co Inc March 71 (11) 1-5197-2 Thompson International Corporation Fremont First National Co

lobo-Wash Inc (1113) 0-3457-2 1 for Oct 70 (1) 0-4959-2 1 for Dec 70 (7) 2-27699-2 Standard Pressed Steel COIIpampDY Palomar Financial(12) 1-4416-2 Feb 70 (13) 1-6547-2

Crane CompanyVal DOr Industries Inc Dec 70 (7810) 1-1457-2

l213) Transairco Inc Okonite Co 2 for Jan 71 (7) 1-3461-2 1 for Aug 68 1-6419-2Pakco Companies lne Feb 71 lt313) 0-592-2 l essey Incorporated

0-4116-2 Capital Reserve Corporation1 for June 70 (13) 1 for Dec 70 (12) 0-3551-2 Arndt8K Report~ Tanger Industries Inc

First General Resources Co HI for Jan 71 (713) 1-6301-2 Philippine Lonl Ditance Tlephon Co 2 to 8K for Dec 69 (213)0-129-2 6~ for March 71 1-3006-2Taxtronics Inc Reinel1 Industries Inc1 for Jan 71 (13) 2-32842-2 1 f or July 70 (213) 0-4349-2 Philip Industribullbull Philips NV

Beckman Instruments Inc Republic Corp amp U S Philips TR 6~ for 12-21-70 thru 3-22-711 for Jan 71 (6) 1-3664-2 1 for Jan 71 (712) 1-5603-2 2-20193-2

Bessemer E Lakes Erie RR Co Teletrans Industries Inc Canadian Javelin Ltd

1 for Jan 71 (11) 1-3529-2 Dec 70 (3) 1-6486-2 11 for Feb 71 (12) 1-4192-2

Commercial Solvents Corporation Collin Radio Co U S HOM amp Devdo~nt Corp1 for Dec 70 (10) 1-55-2 1 for Nov 70 (4) 1-4248-2 1 for Jan 71 (7) 1-5899-2Dan River Inc Feb 71 (3) 1-3912-2 Ultra Dynaaics Corporation

11 for Oct 70 (13) 2-32789-2 Diagnostic Inc

Stone Container Corp 1 for Jan 70 (17910111213)1 for Dec 70 (13) 1-3439-2 Signod Corp 0-4136-2

11 for Fb 71 (7) 1-1282-2 1 for June 70 (910111213)Graniteville Co 0-4136-2

1 for Feb 71 (13) 1-4630-2

SECURITIES Jtr aBGISTUTIORS Effective JUDe 3 cam Corpcnoation 2-39908 (90 days) Cotton Stats Life aDd Health lnaUTaDC8 ecpaD) 2-39n9(Sept 2) Dell Drilliaa PuDd-1971 2-394a2(90days) Geao IndustriesIDe bullbull 2-403n Geao IDdustrls lac 2-39945 Hartford Rational Corpcnoat1on 2-400t3 Pacific POWI 60Lipt COIaPsoy 2-40299 Peabody Galion Corpcnoation 2-40007 J C Penney Ccapany Inc 2-40533 Sperry Rand Corp2-40332 University Coputiaa eopany 2-39985 (40 clays)Walter Kidde 60Cospany Inc 2-39164 Ward Cut-aite Dn Ccapany 2-40304 W hiagton Beal latat Imresteat Tr_t 2-39888 Wstrans Industries IDc bullbull 2-39898The WUli_ ecpanis 2-39986 Th Wiatr Park Telphone eopany 2-4aot1 and 2-40042

NOT TO DIALyenS Th period of ti_ dalrs aft requird to use th prospectus in trading transactions is shown above in parenthe bullbullbull aftr the nae of the issuer

This is a reportiag ccapaD) aDd fUTther iafcmution with respect to its business and operations is aailabl in the eo1bullbullions Public Beference fils As esttampted for ptWpOSe8 of ccaputiag the reglstratioD fee

I PeDdiDB distribution of this ampel by the ~sioa to the appropriate tliDB lists iaterested persons should consult the Fdral Begiter for ore details of the rl

---0000000---

SEC NEWSDIGEST JUNE4 1971 Page 3

m gTGAGE SHAUS IN PGIstWIOR PIlI Mlntaage aad lIealty DYeatora 7320 Old YcnkM Melrose Puk PeDDBylVlP1a19126 filed a ~giatration stat_nt on May26 sbullbull king ~giatTatioD of 200000 sha~a of beDeficial interest Such sha~a y be issued fraa middottt to tte in connection with the copanys DtYidend lleiaveatent Plan (F11e 2-40538)

gtTIHPTBINPUSIaIBS FILES FOtt OrrlQloo AND SIC01gWtY Tapte Industdes IDe 5990 N Washington se

Deaver Colo 80216 fUd a ~gistration stateaent on May26 seekiqg mgiatrat1_ of 375000 sbarea ofcalOn amptock of which 270000 a~ to be offe~d for public sal by the caapay aad 150000 (being outstand-ing shues) by the holders thereof The offedng is to be de ( at $12 per share aaxi_) though under-writers headed by Shearson aill amp Co Inc 14 Wall St bullbull New yOrk 10005

The cOllpany 1s engaged pr1aadly in the production ting ~f truck traUers Net proceeds of ita stock sale together with fuad8 to be borrowed will be used to repay all of the outstanding secured short-tm indebteduess owwl by two of the cOllpanys manufacturing aubsieliari (initially iDeurred in con_ctionwith the capanys purchas of a truck trailr -oufactur1as buaiDess) In addition to indebtdness thecaapany has outstanding 1802881 c~n sha~s of which aobeTt a aaland boaId chaillllampn 0WD8 211James E Lakin president 10and management officials as a group 481 Ruland proposes to sell 30001shares Lakiu 20000 and five others the temaining shans being repstered (File 2-40540)

1972 FOSSILilJELS PARTNERSHIP OFFElI)( Fuels Partnership 101 W Marcy St bullbull PROPOSES 1972 Fossil Lincoln Bldg PO Box 2444 Santa Fe NewHxico filed registration statement on May 26 seeking regis-trtion of $3750000 of pre-organisation limited patneahip interest to be offered for public sale at $2500 per anit No undenrriting is involved selected NASD _bers y pftticipte in the offering The Partnership will be engaged in aU and gas exploration B N llhodes and Associates Inc will be the general partnet H N Rhoda i PTsident of the general partner (File 2-40541)

GENERAL MEDICALFILES Faa OiFERI)( AND SECOlilDAIlYGeneral Htdical Corporation 1710 Alt-ont Ave Richmond Va 23230 filed a registration statement on May26 seeking registration of 550000 shares of common stock of which 375000 are to be offered for publiC sale by the company and 175000 (being outstanding shares) by the holders thereof The offering is to be made ( at $28 per share maximum) through underwritets headed by Herrill Lynch Pierce Fenner amp Smith Inc 70 Pine St New York 10005 and Wheat amp Co Inc 801 E Main St aichmond Va 23219

Tbe company is engaged in the distribution of a broad line of medical surgical and laboratory Ptoducts Net proceeds of its stock sale will be used in part to retire $5100000 of bank indebtedness incurred to provide working capital aod to provide cash required to cons~te several acquiSitions purchase a computer aod related system and ake capital improvements and the blance will be used for general corporate putpoae bullbull In addition to indebtedness the company haa outstanding 1591684 commonshares of which aanag nt offiCials as a group own 341 Max K Goodloe president proposes to sell 15051 of 266598 shues held three other officers aod a large mabel of others the remaining shares being registered (File 2-40542)

CAPITAL CITlES BllOADCASTDlG Cities Corporation 24 E 5ltSHAllBSIN ltBGISTllATIONCapital BroadcasUng St bullbull New York 10022 filed a registration statement on May 26 seeking registration of 182275 outstandiDi shares of c~ stock These shares aay be offered for sale frOIDtime to time by the holders thereof at prices current at the t1ae of sale ( $4625 per share aaxiaua) (File 2-40543)

lACIFIC COASTKNITTINGMILLS TO SELLSTOCK PacUic Coast Knitting Mills Inc2724 Leonis Ihd Vernon Calif 90058 filed a ~gistration stateaent on Hay 26 seeking registration of 200000 shaces of cOlllllOnstock to be offered for public aale at $8 per share The offering is to be through underwriters headed by Amherst Securities Corp bullbull 25 Broadway NewYork 10004

The company is engaged in the manufacture and distribution of double knit synthetiC and natural fabrica for wearing apparel In addition to iodebtedness the caapany has outstaoding 527270 caaon shares (with a 47- per share tangible book value) of which Dorothy L laster OWDII 45l and Myron Herschler vice president aod Albert H Sanders secretary 275l each Stanley Flaater is pYsident Purchasers of the aharea being regiatered will sustain an ~diate dilution of $568 io per share book value fro the offering pYice (F11e 2-40544)

SlampEWATCHERSDlTElUiATIOHALFnES lOll OFFEU)( ANDSECOliIDARYsoke Watchen International Inc 605 Third A8 NewYork NY 10016 filed a registration stateaent on Hay 26 seeking registration of 227500 ahares of c~n stock Of the bullbull shares 100000 are to be offered for public sale by the company ( at $4 per share lUXi_) through int Duao Securities Corp Of the reaaining sharesJ12 ~~ are outstanding shares and 15000 are iasusble upon exereise of warrants These securities y IM aale fro time to time by the holders or recipients thereof at prices current at the ti1le of sale

Organised in 1968 the company through franchiaees is engaged in helping people break the bullaking habit Net proceeds will be added to the caapanys geueral fund aod used for general corporate purpoaea The caa-pany has outstanding 468000 c~n sharea (with a 59- per share oat taasible book value) of which Nicholas Coata president 0WD8 l8l and H D Neuwirth 2n Coata and Neuwirth may sell 12000 shues each aod a luge nher of others tbe reeaining shares being registered (File 2-40545)

IMTBaHATIONAL TO SELLSrOCK International Hydron1cs Corporation Box 910 R-4 PdnceteaIlYDltOMICSNew Jepey 08540 fild a regiattation atat_nt on May 26 seking regiatration of 300000 shares of C~D

stock to be offered for public sale at $6 per share The offering is to be made through uoderwriters headed by ieIM Securities Co Ioc 39 Broadway NewYork 10006

OVER

SEC NEWS DIGEST JUNE 4 1971 Page 4

The company 18 eaged in ccmatnacti an iudustrial te disposal plant in Chicago whieb it Ul CND

aud operte thtOU8h a subaidiat t Ptoceeda of ita stock aal will be appl1ed to the coat of the Chicagoplant In addition to indebtedness tha company baa outataudl 670000 caon sharea (with a 21 per shaTebook value) of which FTancis G aUt0boari chu1lUn CNDa 101 Robert B kuns Ptea1deat 1551 andaanae_nt officials a group 751 Parch ua of the ahaTea bei registeftC will cquire bull 311stock1nteTest in the company for their iaveament of $18 UI1OD and preaent atockholders will then own 691for which they will haw paid $440774 (FUe 2-40549)

DElaOllEDISON Plt01OSq OFIJUGS The DetToit lidaon CoIIpany 200 Secoud Aft Detroit Hich48226filed a registrtion stt ot on May 27 aakiag TegiatTatioD of $100 millioD of geDeTal aud re~iDgmortgage bouds Series X due 2001 to be offeTed for public sle thTOugh uadeTWriteTamp headed by HoTganStanley amp Co Ioc 140 kodwy New Yorlt 10005 (lile 2-40550)

In a seprate registTtion stteaent the compay seeka registrtion of 4000000 shTeS of COllBOO stock to be offeTed for public sle ( at $2125 per shTe aazillUll)also throaah uade7Wt1teTsheaded by HoTgeD Stnley (File 2-40551)

A public utility the compny will use the Det Ptoceeds of its offeri a in CODDection with its COD8tTUC-t Lon PTo~t81118including Tepnt of ahort-tenD borrOWDings incurred for auch pUtpoae aud estimated to ggregate $108 million just Ptior to issue of the subject aecuritiea CoD8truction expeuditUtea are estimated at $427 million during 1971 aDd $25 billion for the period 1971 through 1975

UNlTOG FILES FOR OFfERIH AND SECONDARY Unitol COIIPny 1004 BaltiDloreAve Kans City Ho 64105filed It g1StTation stat_nt 00 May 27 seeking Tegistrt1OD of 250000 ahHa of cOllBOn stock of which 125000 aTe to be offeTed for public sle by the caapny ud 125000 (being outstuding ahares) by the holdets theTeof The offering is to be _de ( at $25 per ahare lIaxi_) through uuderwriteys headed by Morgao Stanley amp Co Inc 140 Bto y Mew Yorlt 10005

The company is engaged in the manufacture distTibution aale nd Tentl of bull quality line of industrial unifotllSnd ccessories Of the Det proceeds of its stock sle $19 million will be used to repay indebted-ness undet a bnk Tevolving loan agteement aud the balaDCe to finance the establisnDt of a Tental opetationin Philadelphiand otheT corporate PUtPoses In ddition to indebtedDes the compny has outstanding506907 coaaon shaTes of which Dutton Brookfield president 0WD8 441 He pToposes to sell 40087 of 220511 shares held BaTbaTa Brookfield Welch 11 of 69913 and Knox Brookfield 15000 of 78225 John P Hi11eT is bTod chiftlan (File 2-40552)

liEXCn SHARES IN REGISTRATION Hexce1 CoTporation 11711 Dudlin Blvd Dud lin CUf 94566 filed registTation statement on Hay 27 seeking registrtion of 47000 outstanding shares of common stock These shTes may be of feTed for sle from time to time by the holder thereof (Lee Miller vice PT8sident) t pricescutTent t the time of sale ($14 peT shaTe maximWl) (File 2-40553)

WISCONSIN NATUBAL GAS TO SELL BONDS Wiscouaio Natural Gs eompay 231 W Michign St Milwukee Wis 53201 filed a TegistTtion statement on Hay 27 seeking Tegistrampion of $10 million of first mortgage bondsdue 1996 to be offered for public sale t competitive bidding Net proceeds of its bond sale will be used to retiTe short-teTDI lona _de to provide a portion of the funds Deeded for construction expenditures Dd expected to be outstanding in the aggregte amount of $65 million at the time of the bond sle and fOT constTuction expenditures Consttuction expenditures are estimated t $115 for 1971 and $11 million for 19n (File 2-40554)

He GRAW-EDISON SHARES IN REGISTRATION HcGT8W-idison Company Elgin Ill bullbull filed Tegistration state-ment on Hay 26 seeking registration of 400000 shres of common stock issuable pUTsU8nt to the companysPTofit Sharing Plan (File 2-40555)

LAWIER CHEMICALS FILES FOR OFFERING AND SECONDARY Lawter Chemicals Inc 3550 Touby Ave Chicago 11 L 60645 filed a Tegistrtion on Hay 27 seeking Tegistratioa of 250000 shaTes of common stock of which 125000ate to be offeted for publiC sale by the company nd 125000 (being outstanding shTes) by the holders thereof The offeTing is to be made ( at $3650 per shTe maxilDUlD) through underwriteTs headed by Blunt Ellis amp Simmons 111 W Hontoe St Chicgo Ill 60603

The company is engged in the manufcture aud sle of fluorescent pigments ud coatings Ptinting ink vehicles synethic resins nd miscellneous coatings and in the manufacturing of certain printing machines Of the Det Ptoceeds of its stock sle $250000 will be used for cOD8tTUCtion of a geDeral office aud laboratory fcility in Belgium nd the balance for worlting cpital nd other corporte pUtposes Dniel J eTTS boaTd Chiftlan nd PT8s1dent Ptoposes to sell 50000 of 378660 shares held and MeUDe a Terr 75000 of 541418 (File 2-40556)

PALMER BANK PROPOSES EXCHABE OFfER Palmer Bank Corporation 1401 Main se Sarasota na 33578 fUed a Tegistration sttement on Hay 26 aeeking registration of 800000 ahares of callOn stock It is propose to offer these shares in exchnge for 11 the outstuding calOn stock of the following Banks t the indicated tates ooe share for each shre of Patet FiTampt Ntionl Bank aud TTU8t Coapny of Sar ot bullbull 125 shaTes for each ahaTe of St Armaods Plll8r Bnk aud 125 shares for ech share of Siesta Key Palmer Bnk~

The compny as organiced in March for the purpose of becoming bull bank holding compny Benton W Powell ia bord chaiftlan of Plll8r Bnk CoTp bullbull nd of all three ffiliating Banks aud William C Coleman i8 presidentof Pal_t Bank Corp bullbull nd Siesta Key (FUe 2-40557)

CONTINUED

SEC NEWSDIGESTJUNE 4 1971 Page 5

ILICTJOIC MTA SIft PMIS D IIIClftWIOIt bull Blectloatc Data Sy8t_ CoTporat1oa 1300 IDS CeDteTBltcha Parlt Dall tbullbull 75235 iUd a ~amp1at bullbull t1oD atat_Dt ODMa 27 eeklll1 ~a1tratloD of 69962outataadi hae of ~D tock 1h 1lfta bullbull 1M off~d for public bullbull 1 haa tt to tt b bhholdeTs theof t price cuneDt at the tt of bullbull 1 (60 pel ha n-) (111 2 -40558)

VARINrr COV TO SILL StQC1( 1he Vadot CoTpcnoat1oD435 IIoTth Main Wichlta laM 67202 fnd a listTatlon tat_nt 08 May 26 eekiug amp1tTa11on of 500000 hares of c~a stock 1he offelilll is to be ude ( at $350 pel hue m-) tbTough BaTDI ltydar Waddlebullbull ad eopa1lJ

Otgoised 18 Maftb 1969 the capa8 is ugqed thTough nbidlari bullbull In 011 aIId g esploratloD aad l81atd actlvitl aDd 18 uaq11l1 nturota aIId 0WDi8g1bullbull 1 tat aDd aqu1 nt Of tbe _t proc bullbull d of ita tock ale $500000 will be used to parcb e or I ditio 1 prodaciug oil propeTtl bullbull aad in Ielated activltie aad the ba1aDce fOT vorklug capital aad oth1 corporate The caapa1lJ h outstaadiugpurpo856029 c~n shu (witb a 77 per haTe book value) of which Bugoe TOTlioe boud chaiTUD aDd PTesident 0WD8 131 aDd g_nt offidals as a Itoup 201 (ru 2-40559)

~ PUdlS rpp lb followiug haw fnct Fona S-I TegiBtration stat_nU with the SIC UDg registTation of bullbull curities to be offeTct puruant to ployee stock and Telated plana

AIIociatd Spriug CorporationmiddotmiddotBristol Conn (Fiie 2-40514) - 175685 shares NatiODal SpiaaiDg Co Inc MIl Yotk NY (Fne 2-4(515) - 100000 ahaTs Geable-Skepo Inc bullbull Hlaaeapolis Hlaa (FUe 2-4(535) - 60000 shues Buffalo Forg Capa1lJ Buffalo IiY (Fil 2 -4(539) - 42000 shus InvestOT DiveTsified Servics Inc Minneapolis Minn (File 2-4(546) - 250000 shaTe ~ican FiDaDclal Corporation CiDeiDDati Ohio (Fil 2-40547) - 150000 shaTes OWDes-COTDiug11belamplas CoTpOTa11onToledo Ohio (FUe 2-40548) 76S275 shaTes The StaDelaTdBagistr Caapany Dayton Ohio (FUe 2-40568) - 107000 shaTes Glas ContaiDeT Corporation Fullerton Calif (File 2-40513 - 38277 hare

KISCIlLtNOUS

TWIWi RIPPSIQ CQlIIDUBD lbe SEC bas ordered the SUSpeD8iODof achoae and OYeI-th -eOUDtetradiug in the c~n stock of Ecological Science Corporation fOT the fulther teo-day peTiod JuDe 4middot-13 1971inclusive

IRem lQRM 8-1 iILIliGS 1he companies listed below have filed Form 8-K reports for the IIOnth indicatednd responding to the it of the rOTa specified in parentheses Photocopies thereof y be purchasect fromthe Coaadsion Public lteference Section (in ordering plese give IIOnth ancl ar of lepOTt) Iavoice viIIbe iDeluded with the Tequeted Udal when l1ed An index of the captioDs of the evelal it_ of thefoftl a included In the JUDe 3 Neva Digest

~ Reports for Fe) 71

Public Service Electric amp Gas Co (1213) 1-973-2 Perkin-Elmer Corporation Wicooin R l Investment Trut

Shll International Finance NV (2) 1-4389-2 S6pt 69 (213) 0-2568-2

6~ for Karch 71 1-5503-2 May 70 (213) 0-2568-2

United Vlqinia Bankahares Inc Africa USA Inc MaTCh71 (7) 0-1145- 2 HaTCh71 (12) 2-37497-2 Alleaheny Pepsi Cola Bott1inl Co

Wyoa1n Industrial Develop_nt Corp SlP Corp March 70 (113) 0-1053-2

(11) Har 71 2-26917-2 June 70 (31113) 1-5836-2 Chicago Milwaukee St Paul amp Dec 70 (213) 1-5836-2 Pacific III Co

Penn Virlinia Corportion March 71 (1213) 1-3288-2

(8) 0-753-2 United states Bnvelope Co Texfi Industrie Inc 0-4396-2 IlCACorporation (1113 ) 0-235-2

(7111213) 1-978-2 Wbittaker Corp Sentta Service Corporation RD Product Inc (11) 0-3321-2 (12) 1-5407-2 Oct 70 (1113) 1-6131- 2 SetUTDAirway Inc (2) 1-5844-2

Conurlico Corp SIMlthrn Ity Co Mononaabela Power Co (11l2) 0-4344-2 (7I3) 1-743-2

MaTCh71 (1113) 1-5164-2 Stir1inl RomexCorporation United State Sugar COTPOramption Plr One I~Tt Inc (11 ) 0-5250-2 (11) 0-162-2

(713 ) 1-6413-2 Henry 1 Siegel Co Inc Cautrix Corporation

ConaoUdatecl Natural Gas Co (1112) 1-4885-2 March 71 (1) 0-3844-2 Karch 71 (1213) 1-3196-2 U S Hoe amp Developant Corp Penn Pacific Corp

Prdue Rousina Industrie Inc (2713) 1-5899-2 (2111213) 0-730-2 (1213) 2-37937-2

StanTay CorpoTation Cntury Laboratories Inc

MaTCh71 (11) 1-3613-2 (1213) 0-3303-2

Wall Fareo amp Co Renry Pratt COIIpampny

(12) 1-6214-2 (4711) 2-28107-2

OVER

0-4226-2

SIC NEWS DIGEST JUNE 4 1971 Paze 6

8l Reports fOT reb 71 Coatd

Tecbaitrend Inc (12) 0-5401-2 American Pioneer Life Insurance Co Sbells City Inc Trailer Train Co 11 for Nov 70(1) 2-19481-2 1 for Jan 71 (213)

(713 ) 2-20540-2 Western Orbia COIIpaDyPrudent Resources Trust 1 for Nov 70 (7913) 1-4783-2

Txaa OU amp Gas Corp II for Jan 71 (13) 1-5536-2(711 ) 1-4995-2 The Penutar COIIpAny

United Comitis Corp Wolins Pharmacal Corp 1 for Feb 71 (213) 0-1993-2O2l213) 0-3611-2 1 for Dec 70 (11213)

All-Tech Industris IncPackaainl Syst Corporation Pentair Industries InC 1 for Nov 70 (12) 0-2993-2

(11l213) 2-3l237-2 II for Dec 70 (12) 0-4689-2

Ponderosa Syst Inc White Shield Corporation(12) 0-3816-2 American Financial Corp 1 for reb 71 (7) 0-3080-2

Shorebank Inc (713) 0-3818-2 1 for Dec 70 (8) 0-839-2The Texstar Corporation ConslDlers Water Co

Pan Ocean OU Corporation 12 for Nov 70 (l13) 1-4229-2 1 for Nov 70 (713) 0-493-2(2713) 2-33587-2 William Penn Racing Association Udico CorporationDec 70 (1113) 2-33587-2 Oct 70 (13) 0-2769-2 Jan 71 (1213) 1-5839-2

Plywouth lubber Co Inc March 71 (11) 1-5197-2 Thompson International Corporation Fremont First National Co

lobo-Wash Inc (1113) 0-3457-2 1 for Oct 70 (1) 0-4959-2 1 for Dec 70 (7) 2-27699-2 Standard Pressed Steel COIIpampDY Palomar Financial(12) 1-4416-2 Feb 70 (13) 1-6547-2

Crane CompanyVal DOr Industries Inc Dec 70 (7810) 1-1457-2

l213) Transairco Inc Okonite Co 2 for Jan 71 (7) 1-3461-2 1 for Aug 68 1-6419-2Pakco Companies lne Feb 71 lt313) 0-592-2 l essey Incorporated

0-4116-2 Capital Reserve Corporation1 for June 70 (13) 1 for Dec 70 (12) 0-3551-2 Arndt8K Report~ Tanger Industries Inc

First General Resources Co HI for Jan 71 (713) 1-6301-2 Philippine Lonl Ditance Tlephon Co 2 to 8K for Dec 69 (213)0-129-2 6~ for March 71 1-3006-2Taxtronics Inc Reinel1 Industries Inc1 for Jan 71 (13) 2-32842-2 1 f or July 70 (213) 0-4349-2 Philip Industribullbull Philips NV

Beckman Instruments Inc Republic Corp amp U S Philips TR 6~ for 12-21-70 thru 3-22-711 for Jan 71 (6) 1-3664-2 1 for Jan 71 (712) 1-5603-2 2-20193-2

Bessemer E Lakes Erie RR Co Teletrans Industries Inc Canadian Javelin Ltd

1 for Jan 71 (11) 1-3529-2 Dec 70 (3) 1-6486-2 11 for Feb 71 (12) 1-4192-2

Commercial Solvents Corporation Collin Radio Co U S HOM amp Devdo~nt Corp1 for Dec 70 (10) 1-55-2 1 for Nov 70 (4) 1-4248-2 1 for Jan 71 (7) 1-5899-2Dan River Inc Feb 71 (3) 1-3912-2 Ultra Dynaaics Corporation

11 for Oct 70 (13) 2-32789-2 Diagnostic Inc

Stone Container Corp 1 for Jan 70 (17910111213)1 for Dec 70 (13) 1-3439-2 Signod Corp 0-4136-2

11 for Fb 71 (7) 1-1282-2 1 for June 70 (910111213)Graniteville Co 0-4136-2

1 for Feb 71 (13) 1-4630-2

SECURITIES Jtr aBGISTUTIORS Effective JUDe 3 cam Corpcnoation 2-39908 (90 days) Cotton Stats Life aDd Health lnaUTaDC8 ecpaD) 2-39n9(Sept 2) Dell Drilliaa PuDd-1971 2-394a2(90days) Geao IndustriesIDe bullbull 2-403n Geao IDdustrls lac 2-39945 Hartford Rational Corpcnoat1on 2-400t3 Pacific POWI 60Lipt COIaPsoy 2-40299 Peabody Galion Corpcnoation 2-40007 J C Penney Ccapany Inc 2-40533 Sperry Rand Corp2-40332 University Coputiaa eopany 2-39985 (40 clays)Walter Kidde 60Cospany Inc 2-39164 Ward Cut-aite Dn Ccapany 2-40304 W hiagton Beal latat Imresteat Tr_t 2-39888 Wstrans Industries IDc bullbull 2-39898The WUli_ ecpanis 2-39986 Th Wiatr Park Telphone eopany 2-4aot1 and 2-40042

NOT TO DIALyenS Th period of ti_ dalrs aft requird to use th prospectus in trading transactions is shown above in parenthe bullbullbull aftr the nae of the issuer

This is a reportiag ccapaD) aDd fUTther iafcmution with respect to its business and operations is aailabl in the eo1bullbullions Public Beference fils As esttampted for ptWpOSe8 of ccaputiag the reglstratioD fee

I PeDdiDB distribution of this ampel by the ~sioa to the appropriate tliDB lists iaterested persons should consult the Fdral Begiter for ore details of the rl

---0000000---

SEC NEWS DIGEST JUNE 4 1971 Page 4

The company 18 eaged in ccmatnacti an iudustrial te disposal plant in Chicago whieb it Ul CND

aud operte thtOU8h a subaidiat t Ptoceeda of ita stock aal will be appl1ed to the coat of the Chicagoplant In addition to indebtedness tha company baa outataudl 670000 caon sharea (with a 21 per shaTebook value) of which FTancis G aUt0boari chu1lUn CNDa 101 Robert B kuns Ptea1deat 1551 andaanae_nt officials a group 751 Parch ua of the ahaTea bei registeftC will cquire bull 311stock1nteTest in the company for their iaveament of $18 UI1OD and preaent atockholders will then own 691for which they will haw paid $440774 (FUe 2-40549)

DElaOllEDISON Plt01OSq OFIJUGS The DetToit lidaon CoIIpany 200 Secoud Aft Detroit Hich48226filed a registrtion stt ot on May 27 aakiag TegiatTatioD of $100 millioD of geDeTal aud re~iDgmortgage bouds Series X due 2001 to be offeTed for public sle thTOugh uadeTWriteTamp headed by HoTganStanley amp Co Ioc 140 kodwy New Yorlt 10005 (lile 2-40550)

In a seprate registTtion stteaent the compay seeka registrtion of 4000000 shTeS of COllBOO stock to be offeTed for public sle ( at $2125 per shTe aazillUll)also throaah uade7Wt1teTsheaded by HoTgeD Stnley (File 2-40551)

A public utility the compny will use the Det Ptoceeds of its offeri a in CODDection with its COD8tTUC-t Lon PTo~t81118including Tepnt of ahort-tenD borrOWDings incurred for auch pUtpoae aud estimated to ggregate $108 million just Ptior to issue of the subject aecuritiea CoD8truction expeuditUtea are estimated at $427 million during 1971 aDd $25 billion for the period 1971 through 1975

UNlTOG FILES FOR OFfERIH AND SECONDARY Unitol COIIPny 1004 BaltiDloreAve Kans City Ho 64105filed It g1StTation stat_nt 00 May 27 seeking Tegistrt1OD of 250000 ahHa of cOllBOn stock of which 125000 aTe to be offeTed for public sle by the caapny ud 125000 (being outstuding ahares) by the holdets theTeof The offering is to be _de ( at $25 per ahare lIaxi_) through uuderwriteys headed by Morgao Stanley amp Co Inc 140 Bto y Mew Yorlt 10005

The company is engaged in the manufacture distTibution aale nd Tentl of bull quality line of industrial unifotllSnd ccessories Of the Det proceeds of its stock sle $19 million will be used to repay indebted-ness undet a bnk Tevolving loan agteement aud the balaDCe to finance the establisnDt of a Tental opetationin Philadelphiand otheT corporate PUtPoses In ddition to indebtedDes the compny has outstanding506907 coaaon shaTes of which Dutton Brookfield president 0WD8 441 He pToposes to sell 40087 of 220511 shares held BaTbaTa Brookfield Welch 11 of 69913 and Knox Brookfield 15000 of 78225 John P Hi11eT is bTod chiftlan (File 2-40552)

liEXCn SHARES IN REGISTRATION Hexce1 CoTporation 11711 Dudlin Blvd Dud lin CUf 94566 filed registTation statement on Hay 27 seeking registrtion of 47000 outstanding shares of common stock These shTes may be of feTed for sle from time to time by the holder thereof (Lee Miller vice PT8sident) t pricescutTent t the time of sale ($14 peT shaTe maximWl) (File 2-40553)

WISCONSIN NATUBAL GAS TO SELL BONDS Wiscouaio Natural Gs eompay 231 W Michign St Milwukee Wis 53201 filed a TegistTtion statement on Hay 27 seeking Tegistrampion of $10 million of first mortgage bondsdue 1996 to be offered for public sale t competitive bidding Net proceeds of its bond sale will be used to retiTe short-teTDI lona _de to provide a portion of the funds Deeded for construction expenditures Dd expected to be outstanding in the aggregte amount of $65 million at the time of the bond sle and fOT constTuction expenditures Consttuction expenditures are estimated t $115 for 1971 and $11 million for 19n (File 2-40554)

He GRAW-EDISON SHARES IN REGISTRATION HcGT8W-idison Company Elgin Ill bullbull filed Tegistration state-ment on Hay 26 seeking registration of 400000 shres of common stock issuable pUTsU8nt to the companysPTofit Sharing Plan (File 2-40555)

LAWIER CHEMICALS FILES FOR OFFERING AND SECONDARY Lawter Chemicals Inc 3550 Touby Ave Chicago 11 L 60645 filed a Tegistrtion on Hay 27 seeking Tegistratioa of 250000 shaTes of common stock of which 125000ate to be offeted for publiC sale by the company nd 125000 (being outstanding shTes) by the holders thereof The offeTing is to be made ( at $3650 per shTe maxilDUlD) through underwriteTs headed by Blunt Ellis amp Simmons 111 W Hontoe St Chicgo Ill 60603

The company is engged in the manufcture aud sle of fluorescent pigments ud coatings Ptinting ink vehicles synethic resins nd miscellneous coatings and in the manufacturing of certain printing machines Of the Det Ptoceeds of its stock sle $250000 will be used for cOD8tTUCtion of a geDeral office aud laboratory fcility in Belgium nd the balance for worlting cpital nd other corporte pUtposes Dniel J eTTS boaTd Chiftlan nd PT8s1dent Ptoposes to sell 50000 of 378660 shares held and MeUDe a Terr 75000 of 541418 (File 2-40556)

PALMER BANK PROPOSES EXCHABE OFfER Palmer Bank Corporation 1401 Main se Sarasota na 33578 fUed a Tegistration sttement on Hay 26 aeeking registration of 800000 ahares of callOn stock It is propose to offer these shares in exchnge for 11 the outstuding calOn stock of the following Banks t the indicated tates ooe share for each shre of Patet FiTampt Ntionl Bank aud TTU8t Coapny of Sar ot bullbull 125 shaTes for each ahaTe of St Armaods Plll8r Bnk aud 125 shares for ech share of Siesta Key Palmer Bnk~

The compny as organiced in March for the purpose of becoming bull bank holding compny Benton W Powell ia bord chaiftlan of Plll8r Bnk CoTp bullbull nd of all three ffiliating Banks aud William C Coleman i8 presidentof Pal_t Bank Corp bullbull nd Siesta Key (FUe 2-40557)

CONTINUED

SEC NEWSDIGESTJUNE 4 1971 Page 5

ILICTJOIC MTA SIft PMIS D IIIClftWIOIt bull Blectloatc Data Sy8t_ CoTporat1oa 1300 IDS CeDteTBltcha Parlt Dall tbullbull 75235 iUd a ~amp1at bullbull t1oD atat_Dt ODMa 27 eeklll1 ~a1tratloD of 69962outataadi hae of ~D tock 1h 1lfta bullbull 1M off~d for public bullbull 1 haa tt to tt b bhholdeTs theof t price cuneDt at the tt of bullbull 1 (60 pel ha n-) (111 2 -40558)

VARINrr COV TO SILL StQC1( 1he Vadot CoTpcnoat1oD435 IIoTth Main Wichlta laM 67202 fnd a listTatlon tat_nt 08 May 26 eekiug amp1tTa11on of 500000 hares of c~a stock 1he offelilll is to be ude ( at $350 pel hue m-) tbTough BaTDI ltydar Waddlebullbull ad eopa1lJ

Otgoised 18 Maftb 1969 the capa8 is ugqed thTough nbidlari bullbull In 011 aIId g esploratloD aad l81atd actlvitl aDd 18 uaq11l1 nturota aIId 0WDi8g1bullbull 1 tat aDd aqu1 nt Of tbe _t proc bullbull d of ita tock ale $500000 will be used to parcb e or I ditio 1 prodaciug oil propeTtl bullbull aad in Ielated activltie aad the ba1aDce fOT vorklug capital aad oth1 corporate The caapa1lJ h outstaadiugpurpo856029 c~n shu (witb a 77 per haTe book value) of which Bugoe TOTlioe boud chaiTUD aDd PTesident 0WD8 131 aDd g_nt offidals as a Itoup 201 (ru 2-40559)

~ PUdlS rpp lb followiug haw fnct Fona S-I TegiBtration stat_nU with the SIC UDg registTation of bullbull curities to be offeTct puruant to ployee stock and Telated plana

AIIociatd Spriug CorporationmiddotmiddotBristol Conn (Fiie 2-40514) - 175685 shares NatiODal SpiaaiDg Co Inc MIl Yotk NY (Fne 2-4(515) - 100000 ahaTs Geable-Skepo Inc bullbull Hlaaeapolis Hlaa (FUe 2-4(535) - 60000 shues Buffalo Forg Capa1lJ Buffalo IiY (Fil 2 -4(539) - 42000 shus InvestOT DiveTsified Servics Inc Minneapolis Minn (File 2-4(546) - 250000 shaTe ~ican FiDaDclal Corporation CiDeiDDati Ohio (Fil 2-40547) - 150000 shaTes OWDes-COTDiug11belamplas CoTpOTa11onToledo Ohio (FUe 2-40548) 76S275 shaTes The StaDelaTdBagistr Caapany Dayton Ohio (FUe 2-40568) - 107000 shaTes Glas ContaiDeT Corporation Fullerton Calif (File 2-40513 - 38277 hare

KISCIlLtNOUS

TWIWi RIPPSIQ CQlIIDUBD lbe SEC bas ordered the SUSpeD8iODof achoae and OYeI-th -eOUDtetradiug in the c~n stock of Ecological Science Corporation fOT the fulther teo-day peTiod JuDe 4middot-13 1971inclusive

IRem lQRM 8-1 iILIliGS 1he companies listed below have filed Form 8-K reports for the IIOnth indicatednd responding to the it of the rOTa specified in parentheses Photocopies thereof y be purchasect fromthe Coaadsion Public lteference Section (in ordering plese give IIOnth ancl ar of lepOTt) Iavoice viIIbe iDeluded with the Tequeted Udal when l1ed An index of the captioDs of the evelal it_ of thefoftl a included In the JUDe 3 Neva Digest

~ Reports for Fe) 71

Public Service Electric amp Gas Co (1213) 1-973-2 Perkin-Elmer Corporation Wicooin R l Investment Trut

Shll International Finance NV (2) 1-4389-2 S6pt 69 (213) 0-2568-2

6~ for Karch 71 1-5503-2 May 70 (213) 0-2568-2

United Vlqinia Bankahares Inc Africa USA Inc MaTCh71 (7) 0-1145- 2 HaTCh71 (12) 2-37497-2 Alleaheny Pepsi Cola Bott1inl Co

Wyoa1n Industrial Develop_nt Corp SlP Corp March 70 (113) 0-1053-2

(11) Har 71 2-26917-2 June 70 (31113) 1-5836-2 Chicago Milwaukee St Paul amp Dec 70 (213) 1-5836-2 Pacific III Co

Penn Virlinia Corportion March 71 (1213) 1-3288-2

(8) 0-753-2 United states Bnvelope Co Texfi Industrie Inc 0-4396-2 IlCACorporation (1113 ) 0-235-2

(7111213) 1-978-2 Wbittaker Corp Sentta Service Corporation RD Product Inc (11) 0-3321-2 (12) 1-5407-2 Oct 70 (1113) 1-6131- 2 SetUTDAirway Inc (2) 1-5844-2

Conurlico Corp SIMlthrn Ity Co Mononaabela Power Co (11l2) 0-4344-2 (7I3) 1-743-2

MaTCh71 (1113) 1-5164-2 Stir1inl RomexCorporation United State Sugar COTPOramption Plr One I~Tt Inc (11 ) 0-5250-2 (11) 0-162-2

(713 ) 1-6413-2 Henry 1 Siegel Co Inc Cautrix Corporation

ConaoUdatecl Natural Gas Co (1112) 1-4885-2 March 71 (1) 0-3844-2 Karch 71 (1213) 1-3196-2 U S Hoe amp Developant Corp Penn Pacific Corp

Prdue Rousina Industrie Inc (2713) 1-5899-2 (2111213) 0-730-2 (1213) 2-37937-2

StanTay CorpoTation Cntury Laboratories Inc

MaTCh71 (11) 1-3613-2 (1213) 0-3303-2

Wall Fareo amp Co Renry Pratt COIIpampny

(12) 1-6214-2 (4711) 2-28107-2

OVER

0-4226-2

SIC NEWS DIGEST JUNE 4 1971 Paze 6

8l Reports fOT reb 71 Coatd

Tecbaitrend Inc (12) 0-5401-2 American Pioneer Life Insurance Co Sbells City Inc Trailer Train Co 11 for Nov 70(1) 2-19481-2 1 for Jan 71 (213)

(713 ) 2-20540-2 Western Orbia COIIpaDyPrudent Resources Trust 1 for Nov 70 (7913) 1-4783-2

Txaa OU amp Gas Corp II for Jan 71 (13) 1-5536-2(711 ) 1-4995-2 The Penutar COIIpAny

United Comitis Corp Wolins Pharmacal Corp 1 for Feb 71 (213) 0-1993-2O2l213) 0-3611-2 1 for Dec 70 (11213)

All-Tech Industris IncPackaainl Syst Corporation Pentair Industries InC 1 for Nov 70 (12) 0-2993-2

(11l213) 2-3l237-2 II for Dec 70 (12) 0-4689-2

Ponderosa Syst Inc White Shield Corporation(12) 0-3816-2 American Financial Corp 1 for reb 71 (7) 0-3080-2

Shorebank Inc (713) 0-3818-2 1 for Dec 70 (8) 0-839-2The Texstar Corporation ConslDlers Water Co

Pan Ocean OU Corporation 12 for Nov 70 (l13) 1-4229-2 1 for Nov 70 (713) 0-493-2(2713) 2-33587-2 William Penn Racing Association Udico CorporationDec 70 (1113) 2-33587-2 Oct 70 (13) 0-2769-2 Jan 71 (1213) 1-5839-2

Plywouth lubber Co Inc March 71 (11) 1-5197-2 Thompson International Corporation Fremont First National Co

lobo-Wash Inc (1113) 0-3457-2 1 for Oct 70 (1) 0-4959-2 1 for Dec 70 (7) 2-27699-2 Standard Pressed Steel COIIpampDY Palomar Financial(12) 1-4416-2 Feb 70 (13) 1-6547-2

Crane CompanyVal DOr Industries Inc Dec 70 (7810) 1-1457-2

l213) Transairco Inc Okonite Co 2 for Jan 71 (7) 1-3461-2 1 for Aug 68 1-6419-2Pakco Companies lne Feb 71 lt313) 0-592-2 l essey Incorporated

0-4116-2 Capital Reserve Corporation1 for June 70 (13) 1 for Dec 70 (12) 0-3551-2 Arndt8K Report~ Tanger Industries Inc

First General Resources Co HI for Jan 71 (713) 1-6301-2 Philippine Lonl Ditance Tlephon Co 2 to 8K for Dec 69 (213)0-129-2 6~ for March 71 1-3006-2Taxtronics Inc Reinel1 Industries Inc1 for Jan 71 (13) 2-32842-2 1 f or July 70 (213) 0-4349-2 Philip Industribullbull Philips NV

Beckman Instruments Inc Republic Corp amp U S Philips TR 6~ for 12-21-70 thru 3-22-711 for Jan 71 (6) 1-3664-2 1 for Jan 71 (712) 1-5603-2 2-20193-2

Bessemer E Lakes Erie RR Co Teletrans Industries Inc Canadian Javelin Ltd

1 for Jan 71 (11) 1-3529-2 Dec 70 (3) 1-6486-2 11 for Feb 71 (12) 1-4192-2

Commercial Solvents Corporation Collin Radio Co U S HOM amp Devdo~nt Corp1 for Dec 70 (10) 1-55-2 1 for Nov 70 (4) 1-4248-2 1 for Jan 71 (7) 1-5899-2Dan River Inc Feb 71 (3) 1-3912-2 Ultra Dynaaics Corporation

11 for Oct 70 (13) 2-32789-2 Diagnostic Inc

Stone Container Corp 1 for Jan 70 (17910111213)1 for Dec 70 (13) 1-3439-2 Signod Corp 0-4136-2

11 for Fb 71 (7) 1-1282-2 1 for June 70 (910111213)Graniteville Co 0-4136-2

1 for Feb 71 (13) 1-4630-2

SECURITIES Jtr aBGISTUTIORS Effective JUDe 3 cam Corpcnoation 2-39908 (90 days) Cotton Stats Life aDd Health lnaUTaDC8 ecpaD) 2-39n9(Sept 2) Dell Drilliaa PuDd-1971 2-394a2(90days) Geao IndustriesIDe bullbull 2-403n Geao IDdustrls lac 2-39945 Hartford Rational Corpcnoat1on 2-400t3 Pacific POWI 60Lipt COIaPsoy 2-40299 Peabody Galion Corpcnoation 2-40007 J C Penney Ccapany Inc 2-40533 Sperry Rand Corp2-40332 University Coputiaa eopany 2-39985 (40 clays)Walter Kidde 60Cospany Inc 2-39164 Ward Cut-aite Dn Ccapany 2-40304 W hiagton Beal latat Imresteat Tr_t 2-39888 Wstrans Industries IDc bullbull 2-39898The WUli_ ecpanis 2-39986 Th Wiatr Park Telphone eopany 2-4aot1 and 2-40042

NOT TO DIALyenS Th period of ti_ dalrs aft requird to use th prospectus in trading transactions is shown above in parenthe bullbullbull aftr the nae of the issuer

This is a reportiag ccapaD) aDd fUTther iafcmution with respect to its business and operations is aailabl in the eo1bullbullions Public Beference fils As esttampted for ptWpOSe8 of ccaputiag the reglstratioD fee

I PeDdiDB distribution of this ampel by the ~sioa to the appropriate tliDB lists iaterested persons should consult the Fdral Begiter for ore details of the rl

---0000000---

SEC NEWSDIGESTJUNE 4 1971 Page 5

ILICTJOIC MTA SIft PMIS D IIIClftWIOIt bull Blectloatc Data Sy8t_ CoTporat1oa 1300 IDS CeDteTBltcha Parlt Dall tbullbull 75235 iUd a ~amp1at bullbull t1oD atat_Dt ODMa 27 eeklll1 ~a1tratloD of 69962outataadi hae of ~D tock 1h 1lfta bullbull 1M off~d for public bullbull 1 haa tt to tt b bhholdeTs theof t price cuneDt at the tt of bullbull 1 (60 pel ha n-) (111 2 -40558)

VARINrr COV TO SILL StQC1( 1he Vadot CoTpcnoat1oD435 IIoTth Main Wichlta laM 67202 fnd a listTatlon tat_nt 08 May 26 eekiug amp1tTa11on of 500000 hares of c~a stock 1he offelilll is to be ude ( at $350 pel hue m-) tbTough BaTDI ltydar Waddlebullbull ad eopa1lJ

Otgoised 18 Maftb 1969 the capa8 is ugqed thTough nbidlari bullbull In 011 aIId g esploratloD aad l81atd actlvitl aDd 18 uaq11l1 nturota aIId 0WDi8g1bullbull 1 tat aDd aqu1 nt Of tbe _t proc bullbull d of ita tock ale $500000 will be used to parcb e or I ditio 1 prodaciug oil propeTtl bullbull aad in Ielated activltie aad the ba1aDce fOT vorklug capital aad oth1 corporate The caapa1lJ h outstaadiugpurpo856029 c~n shu (witb a 77 per haTe book value) of which Bugoe TOTlioe boud chaiTUD aDd PTesident 0WD8 131 aDd g_nt offidals as a Itoup 201 (ru 2-40559)

~ PUdlS rpp lb followiug haw fnct Fona S-I TegiBtration stat_nU with the SIC UDg registTation of bullbull curities to be offeTct puruant to ployee stock and Telated plana

AIIociatd Spriug CorporationmiddotmiddotBristol Conn (Fiie 2-40514) - 175685 shares NatiODal SpiaaiDg Co Inc MIl Yotk NY (Fne 2-4(515) - 100000 ahaTs Geable-Skepo Inc bullbull Hlaaeapolis Hlaa (FUe 2-4(535) - 60000 shues Buffalo Forg Capa1lJ Buffalo IiY (Fil 2 -4(539) - 42000 shus InvestOT DiveTsified Servics Inc Minneapolis Minn (File 2-4(546) - 250000 shaTe ~ican FiDaDclal Corporation CiDeiDDati Ohio (Fil 2-40547) - 150000 shaTes OWDes-COTDiug11belamplas CoTpOTa11onToledo Ohio (FUe 2-40548) 76S275 shaTes The StaDelaTdBagistr Caapany Dayton Ohio (FUe 2-40568) - 107000 shaTes Glas ContaiDeT Corporation Fullerton Calif (File 2-40513 - 38277 hare

KISCIlLtNOUS

TWIWi RIPPSIQ CQlIIDUBD lbe SEC bas ordered the SUSpeD8iODof achoae and OYeI-th -eOUDtetradiug in the c~n stock of Ecological Science Corporation fOT the fulther teo-day peTiod JuDe 4middot-13 1971inclusive

IRem lQRM 8-1 iILIliGS 1he companies listed below have filed Form 8-K reports for the IIOnth indicatednd responding to the it of the rOTa specified in parentheses Photocopies thereof y be purchasect fromthe Coaadsion Public lteference Section (in ordering plese give IIOnth ancl ar of lepOTt) Iavoice viIIbe iDeluded with the Tequeted Udal when l1ed An index of the captioDs of the evelal it_ of thefoftl a included In the JUDe 3 Neva Digest

~ Reports for Fe) 71

Public Service Electric amp Gas Co (1213) 1-973-2 Perkin-Elmer Corporation Wicooin R l Investment Trut

Shll International Finance NV (2) 1-4389-2 S6pt 69 (213) 0-2568-2

6~ for Karch 71 1-5503-2 May 70 (213) 0-2568-2

United Vlqinia Bankahares Inc Africa USA Inc MaTCh71 (7) 0-1145- 2 HaTCh71 (12) 2-37497-2 Alleaheny Pepsi Cola Bott1inl Co

Wyoa1n Industrial Develop_nt Corp SlP Corp March 70 (113) 0-1053-2

(11) Har 71 2-26917-2 June 70 (31113) 1-5836-2 Chicago Milwaukee St Paul amp Dec 70 (213) 1-5836-2 Pacific III Co

Penn Virlinia Corportion March 71 (1213) 1-3288-2

(8) 0-753-2 United states Bnvelope Co Texfi Industrie Inc 0-4396-2 IlCACorporation (1113 ) 0-235-2

(7111213) 1-978-2 Wbittaker Corp Sentta Service Corporation RD Product Inc (11) 0-3321-2 (12) 1-5407-2 Oct 70 (1113) 1-6131- 2 SetUTDAirway Inc (2) 1-5844-2

Conurlico Corp SIMlthrn Ity Co Mononaabela Power Co (11l2) 0-4344-2 (7I3) 1-743-2

MaTCh71 (1113) 1-5164-2 Stir1inl RomexCorporation United State Sugar COTPOramption Plr One I~Tt Inc (11 ) 0-5250-2 (11) 0-162-2

(713 ) 1-6413-2 Henry 1 Siegel Co Inc Cautrix Corporation

ConaoUdatecl Natural Gas Co (1112) 1-4885-2 March 71 (1) 0-3844-2 Karch 71 (1213) 1-3196-2 U S Hoe amp Developant Corp Penn Pacific Corp

Prdue Rousina Industrie Inc (2713) 1-5899-2 (2111213) 0-730-2 (1213) 2-37937-2

StanTay CorpoTation Cntury Laboratories Inc

MaTCh71 (11) 1-3613-2 (1213) 0-3303-2

Wall Fareo amp Co Renry Pratt COIIpampny

(12) 1-6214-2 (4711) 2-28107-2

OVER

0-4226-2

SIC NEWS DIGEST JUNE 4 1971 Paze 6

8l Reports fOT reb 71 Coatd

Tecbaitrend Inc (12) 0-5401-2 American Pioneer Life Insurance Co Sbells City Inc Trailer Train Co 11 for Nov 70(1) 2-19481-2 1 for Jan 71 (213)

(713 ) 2-20540-2 Western Orbia COIIpaDyPrudent Resources Trust 1 for Nov 70 (7913) 1-4783-2

Txaa OU amp Gas Corp II for Jan 71 (13) 1-5536-2(711 ) 1-4995-2 The Penutar COIIpAny

United Comitis Corp Wolins Pharmacal Corp 1 for Feb 71 (213) 0-1993-2O2l213) 0-3611-2 1 for Dec 70 (11213)

All-Tech Industris IncPackaainl Syst Corporation Pentair Industries InC 1 for Nov 70 (12) 0-2993-2

(11l213) 2-3l237-2 II for Dec 70 (12) 0-4689-2

Ponderosa Syst Inc White Shield Corporation(12) 0-3816-2 American Financial Corp 1 for reb 71 (7) 0-3080-2

Shorebank Inc (713) 0-3818-2 1 for Dec 70 (8) 0-839-2The Texstar Corporation ConslDlers Water Co

Pan Ocean OU Corporation 12 for Nov 70 (l13) 1-4229-2 1 for Nov 70 (713) 0-493-2(2713) 2-33587-2 William Penn Racing Association Udico CorporationDec 70 (1113) 2-33587-2 Oct 70 (13) 0-2769-2 Jan 71 (1213) 1-5839-2

Plywouth lubber Co Inc March 71 (11) 1-5197-2 Thompson International Corporation Fremont First National Co

lobo-Wash Inc (1113) 0-3457-2 1 for Oct 70 (1) 0-4959-2 1 for Dec 70 (7) 2-27699-2 Standard Pressed Steel COIIpampDY Palomar Financial(12) 1-4416-2 Feb 70 (13) 1-6547-2

Crane CompanyVal DOr Industries Inc Dec 70 (7810) 1-1457-2

l213) Transairco Inc Okonite Co 2 for Jan 71 (7) 1-3461-2 1 for Aug 68 1-6419-2Pakco Companies lne Feb 71 lt313) 0-592-2 l essey Incorporated

0-4116-2 Capital Reserve Corporation1 for June 70 (13) 1 for Dec 70 (12) 0-3551-2 Arndt8K Report~ Tanger Industries Inc

First General Resources Co HI for Jan 71 (713) 1-6301-2 Philippine Lonl Ditance Tlephon Co 2 to 8K for Dec 69 (213)0-129-2 6~ for March 71 1-3006-2Taxtronics Inc Reinel1 Industries Inc1 for Jan 71 (13) 2-32842-2 1 f or July 70 (213) 0-4349-2 Philip Industribullbull Philips NV

Beckman Instruments Inc Republic Corp amp U S Philips TR 6~ for 12-21-70 thru 3-22-711 for Jan 71 (6) 1-3664-2 1 for Jan 71 (712) 1-5603-2 2-20193-2

Bessemer E Lakes Erie RR Co Teletrans Industries Inc Canadian Javelin Ltd

1 for Jan 71 (11) 1-3529-2 Dec 70 (3) 1-6486-2 11 for Feb 71 (12) 1-4192-2

Commercial Solvents Corporation Collin Radio Co U S HOM amp Devdo~nt Corp1 for Dec 70 (10) 1-55-2 1 for Nov 70 (4) 1-4248-2 1 for Jan 71 (7) 1-5899-2Dan River Inc Feb 71 (3) 1-3912-2 Ultra Dynaaics Corporation

11 for Oct 70 (13) 2-32789-2 Diagnostic Inc

Stone Container Corp 1 for Jan 70 (17910111213)1 for Dec 70 (13) 1-3439-2 Signod Corp 0-4136-2

11 for Fb 71 (7) 1-1282-2 1 for June 70 (910111213)Graniteville Co 0-4136-2

1 for Feb 71 (13) 1-4630-2

SECURITIES Jtr aBGISTUTIORS Effective JUDe 3 cam Corpcnoation 2-39908 (90 days) Cotton Stats Life aDd Health lnaUTaDC8 ecpaD) 2-39n9(Sept 2) Dell Drilliaa PuDd-1971 2-394a2(90days) Geao IndustriesIDe bullbull 2-403n Geao IDdustrls lac 2-39945 Hartford Rational Corpcnoat1on 2-400t3 Pacific POWI 60Lipt COIaPsoy 2-40299 Peabody Galion Corpcnoation 2-40007 J C Penney Ccapany Inc 2-40533 Sperry Rand Corp2-40332 University Coputiaa eopany 2-39985 (40 clays)Walter Kidde 60Cospany Inc 2-39164 Ward Cut-aite Dn Ccapany 2-40304 W hiagton Beal latat Imresteat Tr_t 2-39888 Wstrans Industries IDc bullbull 2-39898The WUli_ ecpanis 2-39986 Th Wiatr Park Telphone eopany 2-4aot1 and 2-40042

NOT TO DIALyenS Th period of ti_ dalrs aft requird to use th prospectus in trading transactions is shown above in parenthe bullbullbull aftr the nae of the issuer

This is a reportiag ccapaD) aDd fUTther iafcmution with respect to its business and operations is aailabl in the eo1bullbullions Public Beference fils As esttampted for ptWpOSe8 of ccaputiag the reglstratioD fee

I PeDdiDB distribution of this ampel by the ~sioa to the appropriate tliDB lists iaterested persons should consult the Fdral Begiter for ore details of the rl

---0000000---

0-4226-2

SIC NEWS DIGEST JUNE 4 1971 Paze 6

8l Reports fOT reb 71 Coatd

Tecbaitrend Inc (12) 0-5401-2 American Pioneer Life Insurance Co Sbells City Inc Trailer Train Co 11 for Nov 70(1) 2-19481-2 1 for Jan 71 (213)

(713 ) 2-20540-2 Western Orbia COIIpaDyPrudent Resources Trust 1 for Nov 70 (7913) 1-4783-2

Txaa OU amp Gas Corp II for Jan 71 (13) 1-5536-2(711 ) 1-4995-2 The Penutar COIIpAny

United Comitis Corp Wolins Pharmacal Corp 1 for Feb 71 (213) 0-1993-2O2l213) 0-3611-2 1 for Dec 70 (11213)

All-Tech Industris IncPackaainl Syst Corporation Pentair Industries InC 1 for Nov 70 (12) 0-2993-2

(11l213) 2-3l237-2 II for Dec 70 (12) 0-4689-2

Ponderosa Syst Inc White Shield Corporation(12) 0-3816-2 American Financial Corp 1 for reb 71 (7) 0-3080-2

Shorebank Inc (713) 0-3818-2 1 for Dec 70 (8) 0-839-2The Texstar Corporation ConslDlers Water Co

Pan Ocean OU Corporation 12 for Nov 70 (l13) 1-4229-2 1 for Nov 70 (713) 0-493-2(2713) 2-33587-2 William Penn Racing Association Udico CorporationDec 70 (1113) 2-33587-2 Oct 70 (13) 0-2769-2 Jan 71 (1213) 1-5839-2

Plywouth lubber Co Inc March 71 (11) 1-5197-2 Thompson International Corporation Fremont First National Co

lobo-Wash Inc (1113) 0-3457-2 1 for Oct 70 (1) 0-4959-2 1 for Dec 70 (7) 2-27699-2 Standard Pressed Steel COIIpampDY Palomar Financial(12) 1-4416-2 Feb 70 (13) 1-6547-2

Crane CompanyVal DOr Industries Inc Dec 70 (7810) 1-1457-2

l213) Transairco Inc Okonite Co 2 for Jan 71 (7) 1-3461-2 1 for Aug 68 1-6419-2Pakco Companies lne Feb 71 lt313) 0-592-2 l essey Incorporated

0-4116-2 Capital Reserve Corporation1 for June 70 (13) 1 for Dec 70 (12) 0-3551-2 Arndt8K Report~ Tanger Industries Inc

First General Resources Co HI for Jan 71 (713) 1-6301-2 Philippine Lonl Ditance Tlephon Co 2 to 8K for Dec 69 (213)0-129-2 6~ for March 71 1-3006-2Taxtronics Inc Reinel1 Industries Inc1 for Jan 71 (13) 2-32842-2 1 f or July 70 (213) 0-4349-2 Philip Industribullbull Philips NV

Beckman Instruments Inc Republic Corp amp U S Philips TR 6~ for 12-21-70 thru 3-22-711 for Jan 71 (6) 1-3664-2 1 for Jan 71 (712) 1-5603-2 2-20193-2

Bessemer E Lakes Erie RR Co Teletrans Industries Inc Canadian Javelin Ltd

1 for Jan 71 (11) 1-3529-2 Dec 70 (3) 1-6486-2 11 for Feb 71 (12) 1-4192-2

Commercial Solvents Corporation Collin Radio Co U S HOM amp Devdo~nt Corp1 for Dec 70 (10) 1-55-2 1 for Nov 70 (4) 1-4248-2 1 for Jan 71 (7) 1-5899-2Dan River Inc Feb 71 (3) 1-3912-2 Ultra Dynaaics Corporation

11 for Oct 70 (13) 2-32789-2 Diagnostic Inc

Stone Container Corp 1 for Jan 70 (17910111213)1 for Dec 70 (13) 1-3439-2 Signod Corp 0-4136-2

11 for Fb 71 (7) 1-1282-2 1 for June 70 (910111213)Graniteville Co 0-4136-2

1 for Feb 71 (13) 1-4630-2

SECURITIES Jtr aBGISTUTIORS Effective JUDe 3 cam Corpcnoation 2-39908 (90 days) Cotton Stats Life aDd Health lnaUTaDC8 ecpaD) 2-39n9(Sept 2) Dell Drilliaa PuDd-1971 2-394a2(90days) Geao IndustriesIDe bullbull 2-403n Geao IDdustrls lac 2-39945 Hartford Rational Corpcnoat1on 2-400t3 Pacific POWI 60Lipt COIaPsoy 2-40299 Peabody Galion Corpcnoation 2-40007 J C Penney Ccapany Inc 2-40533 Sperry Rand Corp2-40332 University Coputiaa eopany 2-39985 (40 clays)Walter Kidde 60Cospany Inc 2-39164 Ward Cut-aite Dn Ccapany 2-40304 W hiagton Beal latat Imresteat Tr_t 2-39888 Wstrans Industries IDc bullbull 2-39898The WUli_ ecpanis 2-39986 Th Wiatr Park Telphone eopany 2-4aot1 and 2-40042

NOT TO DIALyenS Th period of ti_ dalrs aft requird to use th prospectus in trading transactions is shown above in parenthe bullbullbull aftr the nae of the issuer

This is a reportiag ccapaD) aDd fUTther iafcmution with respect to its business and operations is aailabl in the eo1bullbullions Public Beference fils As esttampted for ptWpOSe8 of ccaputiag the reglstratioD fee

I PeDdiDB distribution of this ampel by the ~sioa to the appropriate tliDB lists iaterested persons should consult the Fdral Begiter for ore details of the rl

---0000000---