5ECURITIES AND EXCHANGE COMMISSION

~mw~ 1P)I1(jjm~1r brief summary of financial proposals filed with and actions by the SEC

Washinaton DC 20549 ( In ordring full t bullbullbull of RI bullbullbullbullbull frolll SEC Pu licotion Unit cit nu r )

(I88ue No 69-125) FOR RELEASE __ J~ulampy_ll~19~69_

IHrIRHATIONAL PATENTS RBGIsrRATION QUEsriONED The SIC has ordered administrative proceedtn under the Securities Act of 1933 to deterine whether a regiatration state_nt filed by International Patent a amp Development Corp bullbull tong Island N Y bullbull fails in material respects to coaply with the disc10aure requtr nta of that Act and if not whether it 1s 1n the public interest to issue a stop order suspendiq the atate-ment A hearing has been scheduled for July 11 1969 to take evidence on allegations of the eoiaalonta staff that the coapanys prospectus contains false and misleading representations of terial fact aad to afford the company an opportunity to offer any defenses thereto

In its registration state_nt International proposed the public offering of 100000 co-on aharea at $5 per share According to its prospectus the company proposes to engage prtmarily in the exploitation of two patents one a Price Electric-Marker for supermarkets and other _rchnd ise retailers aad the other a Dent-o-Mix for use by dentists in stirring plaster mixture for use in taking blpressions The prospectusfurther indicates that the net proceeds of Internationals stock sale would be devoted largely to the further development testing and production of production models of these inventions The prospectus refers to patent applications relating to other products (including a Garbage Compactor) but aa to thes it vaa stated that the inventions are not deemed to be at a sufficient staampe of develop1llllntat this tta to warrant the expenditure of any substantial sums of money

It ia contended by the staff that instead of concentrating on the further deve lopnt of the Prlc Electric-Marker and Dent-O-Mix and applying some $150000 of the proceeds of its stock sal to auch development as represented the c~any expects to place prtmary emphasis upon the development of its garbage compactor and to apply about $150000 of the proceeds thereto It is further alleged that there was_a failure to disclose the cost to Howard Price president and board chairman of his interst In fiften patent applications which he assigned to the company in return for $4547 and 454750 shares of International caaon

INDICTMENT NAMES TEl( PETROLEUM PARKER OTHERS ~e SEC Fort Worth Regional Office announced June 23 (LR-4358) the return of a Federal indictment in Shreveport charging that Willi H Parker Tax N Petroleua Corporation Petroleum Venture Capital Corporation and Consolidated Well Servicing Company Inc bullbull all of Shreveport with violations of the Securities Act anti-fraud provisions in the sale of oil and as lntreat on leases in Caddo Parish La

SALE OF TEXAS URANIUM ENJOINED The SEC Denver Regional Office announced June 26 (LR-4359) that the U S District Court in Salt Lake City had enjoined the offer and sale of stock of Texas Uranlua Corporationby the follOWing in violation of the registration and anti-fraud proviSions of the Federal aecuritiea l s Patrick F Christian Linda K Deverall Robert S Jenson Charles N Pierson and John W Taylor all of Salt Lake City Utah Max Forman of Coral Gables Fla was enjoined for violat ions of the said anti-fraud provisions and the following were enjoined from violations of the registration provisions Dennis Aahton Edna Montani John Peacock Calvin G Smith and Sharon S Todd all of Salt Lake City Utah Lealia I Zacharias and RFS amp Aasociates Inc bullbull of Miami Fla A prel~inary injunction waa issued against vio1a-tiona of the registration and anti-fraud proviSions by Texas Uranium Corporation and Francis C Lund of Salt Lake City and a prel~inary injunction was issued against violations of the regiatration provisions byGregg Anderson N Grant Butters Louis Ivie and Christopher S Hetos all of Salt Lake City and David S Moody of Delta Utah All the above defendants consented to the injunctive decrees but without ad_ittingthe violations alleged A prel~inary injunction against violations of the registration provlaiona vaa iaaued against General Transfer Agency Inc bullbull a Utah corporation Donald D Glenn and Raymond Mallory of Salt Lake City Utah

APPAlACHIAN PCIIER RECEIVES ORDER The SEC has issued an order under the Holding CoIIpany Act (Relea bullbull 35-16419) authorizinamp Appalachian Power Company (Appalachian) Indiana amp Michigan Ilectric COIIPanyCIampt) and Ohio Power Company (Ohio Power) electric utility aubsidiariea of Aaerican Electric Pover Company Inc bullbull to increase the amount of short-term notes outstanding up to the max~ aunta allowable under Certificates of Incorporation of the respective companies Appalachian 16M and Ohio Pover propose to sell up to $56300000 $39500000 and $74600000 respectively of ahort-ter notes to banks and to dealera in cOlllll8rcialpaper Proceeds of this financing will be uaed by each cOlipany to raillburse ita treaaury for paat expenditures made in connection with ita conatruction progr to pay part of the coat of its future conatruction progr and for other corporate purposes Conatruction expenditures for the second half of 1969 and for the years 1970 and 1971 are estimated at $318000000 for Appalachian $360000000 for amprM and $274000000 for Ohio Power

ova

SEC NDlS DIGEST July 1 1969 lage 3

AMI1UCAR FltfARClAL DEBENTURBS IN REGISTRATION American Financial Corporation One East Fourth St bullbull Cincinnati Ohio 45202 filed a registration statement (File 2-33651) with the SEC on June 25 seekingregistration of $10050000 of Series B 5~ convertible subordinated debentures due 1988 lSI Corporation theundelWrite-r 8amp1eedto purchase from FC by exchanging therefor 150000 shares of bas the debenturescommon stock of The Ohio Casualty Insurance Company The said unde rwrLter intends to sell the debentures onthe open ID8rket from time to time at prices prevailing in the market AFC(100of principal alllOllIlt) is a diversified financial holding company with operating subsidiaries engaged in the fields of commercial banking savings and loan computer and other equipment leaSing life and accident insurance ownership and operation of office buildings and residential and commercial construction It intends to acquire additional shares of Ohio Casualty common but has no unders~andings or agreements concerning such acquisition

REDMAN INDUSTRIES FILES FOR OFFERING AND SECONDARY RedlD8n Industries Inc 7800 Carpenter Freeway Dallas Texas 75247 filed a registration statement (File 2-33652) with the SEC on June 26 seeking registra-tion of 247747 shares of common stock of which 100000 are to be offered for public sale by the company and 147747 (being outstanding shares) by the present holders thereof The offering is to be made throughunderwriters headed by Dean Witter amp Co Inc of 45 Montgomery Street San Francisco Calif the offering price ($45375 per share maximum) and underwriting termsare to be supplied by amendment Also included in the statement are an additional 28140 outstanding shares which may be offered for sale by the holders thereof from time to time at prices prevailing at the time of sale

The company and subsidiaries are primarily engaged in the business of deSigning manufacturing and sellingmobile homes and related products Of the net proceeds of its sale of additional shares some $2190000will be used to supplement working capital the remainder will be available as additional working capital In addition to indebtedness the company has outstanding 3672690 common shares of which James Redmanboard chairman owns 162 members of the Redman family and the Redman Foundation own 337 Ford D Albritton Jr proposes to sell 65000 of 200774 shares held four others will sell the balance of the 147747 shares belng registered

TWIN CITY BARGE FILES FOR OFFERING AND SECONDARY Twin City Barge amp Towing Co bullbull 1303 Red Rock Rd bullbull ~ Paul Minn ~5101 filed a registration statement (File 2-33653) with the SEC on June 26 seeking registration of 170000 shares of common stock of which 130000 are to be offered for public sale by the company and 30000 (being outstanding shares) by the present holders thereof The offering is to be made throughunderwriters headed by Burton J Vincent amp Co 105 West Adams Street Chicago Ill the offering price ($750 per share maximum) and underwriting terms are to be supplied by amendment

The company and subsidiaries provide harbor towing and fleeting services for river barges own and operate a boat store and shipyard at St Paul operate a tank barge service in Chicago and St Paul harbors and providing towing service on the St Croix River under contract with Northern States Power Company Of the

net proceeds of its sale of additional hares $250000 will be used to retire bank loans $64000 to improveexisting facilities and equipment $200000 to increase working capital and the balance for other purposes including additional equipment In addition to indebtedness the company has outstanding 193600 common shares of which John W Lambert preSident owns 21 and Mary H Lambert 25 They propose to sell 6198 and 7500 shares respectively seventeen others will sell the balance of the shares being registered lncluding HW Lindholm board chairman (who will sell 309 shares)

THORP FINANCE FILES OFFERING PROPOSAL Thorp Finance Corporation 2100 Marine Plaza Milwaukee Wisc 53202 filed a registration statement (File 2-33654) with the SEC on June 26 seeking registration of 50000

shares of 6 cumulative preferred stock $100 par and $5000000 of Series E 6 capital debentures due 1984 The preferred stock is to be offered for public sale at $100 per share and the debentures at 100 of prinCipal amount a 2 selling commiSSion will be paid to employees engaged in the offering

The companys business consists primarily of direct lending and the sale of insurance in connection thereWith All its common stock is owned by International Telephone and Telegraph Corporation Net proceedsof this financing will be added to the companys working capital and initially may be applied to the reduction of short term debt incurred in the ordinary course of its business andor to the purchase of outstanding pre-ferred stock and capital debentures FranCis J Conway is board chairman Emil E Kistner vice chairman and Glenn D Hammitt president

AUTOMATIC DRILLING MACHINES FILES FOR OFFERING Automatic Drilling Machines Inc 5646 Milton Dallas ~ 75206 filed a registration statement (File 2-33655) with the SEC on June 26 seeking registrati~ 300000 shares of common stock The company proposes to offer this stock for sale through its officials Without payment of commiSSion NASD members who render assistance will receive a commission not exceeding 68C per share Also inCluded in the statement are 50000 outstanding shares which may be offered for sale by the present holder thereof

The company is primarily engaged in the manufacture and development of an autaated drilling machine deSigned for use in the oil and gas industry Of the net proceeds of its stock sale $500000 will be used to repay notes in that amount secured by its prototype machine and one of its patents and two patent applications as well as work in progress on a second machine the balance will be used to repay other borrOWings and current liabilities totalling $723484 and for working capital in the manufacture and fabrication of additional drilling eqUipment The company has outstanding 1462950 common shares of which Davis amp Rock LiqUidating Trust owns 2397and Henry Swift amp Co 286 RJ Bramell is presid~nt

GEN~ ENERGIES FILES FOR OFFERING AND SECONDARY Genexel Energies Inc 3094 Rice St St Paul Minn55113 flIed a registration statement (File 2-33657) with the SEC on June 26 seeking registration of 100000shares of common stock of Which 65000 are to be offered for public sale by the company and 35000 (being

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SEC N1WS DIGEST July 1 1969 4

outstanding hare) by tbe presnt bolder tbereof The offring i ~o be ad tbJOUp undetvritra beaded by Shauglme bull Co bullbull Inc bullbull First National Bank Building St Paul Ktnn the offerins price lt$$0 pet sbare lIIampXilllUlll) and undetvriting tems are to he supplied by AIIeIlC1IIentThe Shaughnessy Una will be enUtled to purchase for $30 five-year warrants for the purchsse of 3000 share warratlts for the purchaseof 2000 share were ampold to others

The coapany through subsidiaries is engaged in the furnishing of _terials equipment and vadous engineedng services to power water treatDIent and waste treatment plants it also in tbe contructflnof such plants Net proceeds of its sale of additional stock will be used for various purposes includingthe purchase of additional equipment and working capital The company has outstanding 376S92 cOU)n sbares~ owned by 38 stockholders John A Plallampnn is president The additional 35000 shares being regutered are to be offered by Douglas H McPeak

NATIONAL IlIDUsraIAL SERVICES TO SELL STOCK National Industrial Servicea Corp 275 Madison Avenue York NY 10016middot filed a registration statement (File 2-33658) with tbe SEC on June 26 seeking registrationof 125000 common shares to be offered for public sale through underwriters headed by FL Salomon amp Co50 Broadway New York New York The offering price ($10 per share maximum) and underwdting ter1118are tobe supplied by amendment The Salapn firm will be entitled to purchase for $12500 five-year warrantsfor the purchase of 12500 common shares

The company is primarily engaged in financing contracts for the purchase or lease of commercial and scientific (non-consumer) equipment and ins~rumentation for manufacturers and distributorsof such equipmentThe net proceeds of its stock sale will be added to the cODlpampnys working capital The cODlpampny has outstandq(in addition to indebtedness) 161600 common shares (with a $158 per share book value) and 88000 common stock purchase warrants (exercisable at $313 per share) Howard D Blank president owns 32000 shares and management officials as a group 107616 shares

FAn COMPANY FILES FOR SECONDARY Farr Company 2301 Rosecrans Avenue El Segundo Cslif 90245 filed a registration statement (File 2-33659) with the SEC of June 20 seeking registration of 200000 outstandingshares of common stock to be offered for public sale by the present holders thereof through underwriters headed by Bateman lichler Hill Richards Inc 460 South Spring Street Los Angeles Calif The offerins price ($1150 per share maximum) and underwriting terms are to be supplied by amendment The company will sell the Bateman Eichler firm for $1200 five-year warrants for tbe purchase of 12000 shares

The company is principally engaged in the deSign manufacturesale and service of filters and related hardware used for the control of contaminants in air diesel fuel and lubrication oil In addition to indebtedness it has outstanding 1017696 common shares of which M Spencer Farr board chairman and Richard 5 Farr president own 48 each Each proposes to sell 100000 of his holdings of 488768 shares

LILLI ANN CORP FILES FOR SECONDARY Lilli Ann Corporation 2701 Sixteenth 5t San FranCisco Cslif 94103 filed a registration statement (Fil~ 2-33660) with the SEC on June 26 seeking regiltration of 44250 outstanding shares of common stock The hOlders thereof may offer the shares for sale f~ time to timeat prices current at the time of sale

The company is engaged in tbe design manufacture and distribution of woens high fashion ensembles suits coats and dresses It has outstanding 524651 common shares of which Adolph P Schumanpresidentowns 2ln Trustees fortwo Schuman foundationtpropose to sell 30000 shares and two others the balance of the shares being registered

AtnOMATED SEilING APPARATUS TO SELL STOCK Automated Sewing Apparatus Inc 121 Wheeler Road Monroe~ 06468 filed a registration statement (File 2-33661) with the SEC on June 26 seeking registrationof 120000 shares of common stock to be offered for public lale at $3 per share The offering is to bemade on a best efforts all or none baais thro18h Dunhill Securities Corporation 21 West St New YorkNY 10007 which will receive a 30e per share selling commission plus $18000 for expenses The cDapanyhas agreed to sell the underwriter for $150 five-year warrants to purchase 15000 shars exercisable after

13 months at $3 per share The company was organized on January 13 to develop and I118nufacture automated apparatus for apparel

factories The apparatus is intended to automatically move the cloth as it is sewed Without attention by anoperator The company has one prototype apparatus that performs one sewing operation it is not manufacturinsor Belling such a machine at the present time Net proceeds of its stock sale will be added to the companysworking capital and used for general corporate purposes The cODlpampny has outstanding 180000 coaon sbayen (with a $125 per share book value) of which Emest M Junkins president and board cbai~n owns 8171Purchasers of the shares being registeredwill acquire a 4ot stock interest in the ccapany for tbeir invat-ment of $360000 (they will sustain an immediate dilution of $173 in per share book value froa the offertnaprice) the present shareholders will then own 6ot for which they paid $22400 in caah and a ta

NAllONAL CASH REGISTER TO SELL DEBENTURES The National Cash Register Company Main and K St bullbull ~Qh2 filed a registration statement (File 2-33663) with tbe SECon June 26 seeking registration of$100000000 of sinking fund debentures due 1994 to be offered for public sale through undexvnte-rs headedby Di 110n Read amp Co Inc 46 Wi 11iam Street New York N Y The interest rate offeriPI prtce and Uftdtlwriting terms are to be supplied by amendment

The company is prilll8rUy engaged in the design produCtion distribution and Jervic1ngof business equip--ment and machines Net proceeds of Lts debenture sale will be added to tbe cOllP8I11aefteral pound_ 4IIltLwUl be available for general corporate purpo In addition to igdebtedneas the COIIIJ8tIY baa oa~l 10318224 common shares ~t~middot

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SIC lCIWS-DIGEST July 1 1969

KtlRA OORP TO SELL ~ Hura Corporation 355 Great Neck Road Great Neck NY 11021 fUad a registration statement tfile 2-33664) with the SEC on June 26 seeking regiatration of 100000 ahares of coIOn stock to be offered for public sale at $750 per ahare The offering is to be de on a~est effortl all or none besis throuSh HE Simpson Securities Inc bullbull 40 Exchanse Place New York NY bullbull which will receive a 75e per shan selUng co_ission plus $20000 for expenses Subject to sale of all the shares Everett Gellert president and board chairman will sell 5000 shares to James CW Simpaon president of the bull underwriter at loe per share

The company 1s engaged-in the import processing and marketing of electronic components for sale tooriginal equipment manufacturers and for sale through distributors Of the net proceeds of its stock sale$100000 wUl be used for promotional and advertising programs and $250000 may be used to establishmanufactunns facilitiea on a limited scalei the balance will be added to the companys working capital andused for general co-rporate purposes The company has outstanding 250000 common sharee

SIBLEY KlRTGAGE PROPOSES OFFElING Sibley Mortgage and Realty Trust 11111 Biscayne Blvd ~l ~33161filed a registration statement (File 2-33665) with the SEC on June 26 seeking registration of 2~dshares of beneficial interest to be offered for public sale through underwriters headed by SaundersStiver 6 Co bullbull One Terminal Tower Cleveland Ohio 44113 and Coenen 6 Co Inc 240 Park Avenue New YorkNY 10017 The offenng price ($15 per share maximum) and underwriting terms are to be suppUed byamendment

Organized on June 11 the Trust intends to qualify as a real estate investment trust under the InternalRevenue Code It intends to invest primarily in construction and development first mortgage loans SibleyMortgage and Realty Trust Management Company Inc will act as manager and adviSer to the Trust The Trusthas outstanding 7400 shares of which Harper Sibley Jr bullbull president and the manager and Saunders StivampCo own 4461 each Charles W Marshall is president of the Trust

CONSOLIDATED DENTAL SERVICES FILES FOR OFFERING AND SECONDARY Consolidated Dental Services Company741 Malson Blanche Bldg bullbull 921 Canal St New Orleans La 70112 filed a registration statement (File-2-33666) with the SEC on June 26 seeking registration of 400000 shares of common stock of Which 160000are to be offered for public sale by the company and 240000 (being outstanding shares) by the preaentholders thereof The offering is to be made through underwriters headed by Drexel Harriman RipleyIncorporated 1500 Walnut St Philadelphia Pa 19101 the offering price ($18 per share maximum) andunderwriting terms are to be supplied by amendment

The company was organized in January to acquIre four long established regional dental service companiesand their subSidiaries It is primarily engaged in the sale and distribution of consumable dental suppliesand dental equipment and in the operation of dental laboratories which manufacture oral prosthetic devicea on prescription Of the net proceeds of its sale of additional stock $375000 will be used to repay certain short-term bank indebtedness of a subsidiary incurred to finance notes receivable the balance will be ueed to repay short-term bank indebtedness of subSidiaries incurred to support increased inventories and accounts receivable In addition to indebtedness the company has outstanding 1200000 common shares of which George A Davison board chairman owns 10Herbert L Myers president 95 and management officials aa a group 599 Corinne A Davideon proposes to sell 35143 hares Edward L (a director) and Marguerite H Burrall 25800 shares Gerald H Myers fa director) 20715 George A Davidson 17566 Herbert L Kyera 19565 and a large number of others the remaining shares being registered

PRUDENTIAL FlIlfDSPROPOSES OFFERING Prudential Funds Lnc 90 Broad St New York NY 10004 filed a registration statement (File 2-33667) with the SEC on June 26 seeking registration of $12500000 of interests in its 1969 Year End Drilling Fund--Series Twenty to be offered for public sale at $5000 per unit The offenqg is to be made through company officials participating NASD members will receive a 5 sellingco_ission Prudential Funds Inc a subsidiary of Prudential Resources Corp will administer the Fund aa agent and in the event the Fund i8 continued ampS a limited partnership it will be the general partner thereof The objective of the Fund is to proVide a means whereby the participant may engage in and spreadhis partiCipation over a number of oil and gas drilling ventures and for the administration supervisionand accounting for participanU expenditures and income Ptudential Funds has entered into an agreement with Hanover Planning Company Inc bullbull a wholly owned subsIddary of Hornblower 6 Weeks-Hemphill Noyes whereby Hanover is given an opportunity to invest the monies of participants in the 1969 Drilling Programs adminiatered by Hanover in oil and gas drilling ventures that Prudential Funds evaluates and acquires for participantsNathan H Shippee is board chairman and president of Prudential Funds and of its parent Prudential Fundi haa outstanding 1750000 COIUIOn shares of which Prudential Resources owns 80li Nathan Shippee owna 2911 of the outstandinl tock of the parent

J-S lNDUSfllES fILES FOR OFFERING AND SECONDARY J-S Industries Inc bullbull Presque lsle fUed aregistration atat-ent (file 2-33669) with the SEC 00 June 26 seeking registration of 500000 shares of comaonatock of which 250000 are to be offered for public sale by the company and 250000 (being outstanding aharea)by the present holders thereof The offering is to be made through underwriters headed by Van Alstyne Noel

amp Co bullbull Four Albany St bullbull New York NY 10006 the offering price ($12 per share maxi_) and underwritingterms an to be supplied by amendment The company has agreed to grant the Van Alstyne firm five-year warrantl

to purchase 45000 shares Also included in this statement are 100000 outstanding shares to be offered for 881e by JR Simplot Coapany (the selling stockholder) to its employees

Organized on May 14 the company is primarily engaged in the business of growing purchasing processingand seUina frozeu and dehydrated potato products Of the net proceeds of itl 881e of additional atock$2000000 will be used in purchasing and installing additional production facilities and freeZing equipmentfor the proceasing of potatoesi the balance will be added to the COllpanys working capital In addition toindebtedneas the COIIpany haa outstanding 1750000 common shares of which J R S111plot Company and PotatoService Company of New York Inc bullbull own sot each They propoae to sell 275000 and 75000 shares respectivelyJohn a_ Siplot is board chairman and JUles Salzbank president

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SIC UWS DIGEsr JULy 1 1969 Pap 6

STOCJ( PUNS FILID The follOllins have filed Fora S-8 registration state_nts with the SEC king registration of scurities to be offered under and pursuant to ftlp10yee stock and related pI

levere Copper and Brbullbullbull Inc bullbull Mew York 10017 (File 2-33631) - 150000 shares Harcourt Brace 6 World Inc )lew York 10017 (File 2-33634) - 150000 sharea Southeast Baacorporation Inc New York 33131 (File 2-33639) - 150000 shares Studebaker-Worthington Inc lew York 10036 (File 2-33656) - 200000 sharea Washington National Insurance Company Ivanston Ill (File 2-33662) - 221592 share a J C Penney Company Inc (File 2-33668) - $11500000 participations in the Profit-Sharing Fund and

460000 ahares

RECEN1 FORM 8-X FILINGS The companies listed below have filed Form 8-X reports for the cmth indicated and responding to the item of the Form specified in parentheaes Photocopies thereof II8Y be purchased fro the Coaniasionla Public Reference Section (p1eaae give News Digest Issue No in ordering) Invoice will be included with the requested material when mailed An index of the captions of the several items of the form was included in the June 4 News Digest

General Baacsharea Corp teae Nt liar CorpApr 1969 (11) 1-3750-2 Mar 1969(213)

InttU8_t Sytem Corp March 1969( 2781213) 1-5643-2 Nat1 Gypsua Co

Jeffraon Lake Petro- Apr 1969(1113) 1-2489-2 chicals of caneda Theil loe

Apr 1969 (1112) 1-4588-2 March 1969( 271113) 0-3012-2 Lee Motor Productl IDe

809 1968(3) 1-4441-2 Diveraified produce Corp

Sept 1968(2) 0middot3067-2 Monter IUrsing Inns Inc Dec 1968(112) 0-3167-2 March 1969( 21213) 2-29763-2

Graniteville Co Apr 1969(1112) 1-4630-2 Concord Fabrics lac

Pan ~erican Sulphur Co ~h 1969(7) 1-5960-2March 1969(12) 1-4319-2

F W WoolV01th Co Franklin Elec Co IncHar 1969(4113) Marcb 1969(411 0middot362-2

Buraer Brewing Co Cincinnati Hilling Machine Co

Jan 1969(1) 1-1600-2 Apr 1969(11) 1-3306-2

Lee Way Motor Freibt Inc Penn Pacific Corp

Apr 1969(7) 0-741-2 Jan 1969(3912) 0-130-2 Voas Engineering Co

Jan 1969(11) 0-2997-2

Global Ind bullbull Inc Telautograpb CorpJune 1969(713) 2-20526-2 ~t to 8t for Feb 1969 (12) 1-632-2

Lithonia Ligbting IncMarcb 1969(2) 1-4776-2 M G Liquidating Co

May 1968 (813) 0526-2

SECURITIES ACT RECISTRATIONS Effective June 27 Capital Funding Corp 2-32292 (40 days)Effective June 30 Apache Corp 2-33427 ArtIs-Way Manufacturing Co Inc 2-31843 (Sep 29)Comp-Serv Co bull 2-31404 (90 days) Cordis Corp 2-33520 Denver Real Estate Investment Aasoc 2-33041(40 days) Educational Design Inc 2-31483 (90 days) Falcon 1969 Oil amp Gas Program 2-31716 (90 daya)Halsey Drug Co Inc 2-32285 (90 days) Mathematical Applications Group Inc bull 2-32603 (90 days)National Bank of Israel Ltd 2-33146 (40 days) National Service Industries Inc 2-33643 (40 days)Olson Laboratories Inc 2-31374 (Sep 28) J C Penney Co Inc 2-33668 Penta Computer AsaociatesInc 2-32354 (90 days) Pipers Basketball Club Inc 2-31848 (90 days) Presley Deve1opent Co 2-32019(90 days) 1969 Prudent Resources Oil and Cas Program 2-31673 (90 days) Tele-Tape Productions Inc2-33199 (40 days) Telewor1d Inc 2-31558 (90 days)

NOTE TO DEALERS The period of time dealers are required to use the prospectus in trading transaction is shown above in parentheses after the name of the issuer

As estimated for purposes of computing the registrat~n fee

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SEC NDlS DIGEST July 1 1969 lage 3

AMI1UCAR FltfARClAL DEBENTURBS IN REGISTRATION American Financial Corporation One East Fourth St bullbull Cincinnati Ohio 45202 filed a registration statement (File 2-33651) with the SEC on June 25 seekingregistration of $10050000 of Series B 5~ convertible subordinated debentures due 1988 lSI Corporation theundelWrite-r 8amp1eedto purchase from FC by exchanging therefor 150000 shares of bas the debenturescommon stock of The Ohio Casualty Insurance Company The said unde rwrLter intends to sell the debentures onthe open ID8rket from time to time at prices prevailing in the market AFC(100of principal alllOllIlt) is a diversified financial holding company with operating subsidiaries engaged in the fields of commercial banking savings and loan computer and other equipment leaSing life and accident insurance ownership and operation of office buildings and residential and commercial construction It intends to acquire additional shares of Ohio Casualty common but has no unders~andings or agreements concerning such acquisition

REDMAN INDUSTRIES FILES FOR OFFERING AND SECONDARY RedlD8n Industries Inc 7800 Carpenter Freeway Dallas Texas 75247 filed a registration statement (File 2-33652) with the SEC on June 26 seeking registra-tion of 247747 shares of common stock of which 100000 are to be offered for public sale by the company and 147747 (being outstanding shares) by the present holders thereof The offering is to be made throughunderwriters headed by Dean Witter amp Co Inc of 45 Montgomery Street San Francisco Calif the offering price ($45375 per share maximum) and underwriting termsare to be supplied by amendment Also included in the statement are an additional 28140 outstanding shares which may be offered for sale by the holders thereof from time to time at prices prevailing at the time of sale

The company and subsidiaries are primarily engaged in the business of deSigning manufacturing and sellingmobile homes and related products Of the net proceeds of its sale of additional shares some $2190000will be used to supplement working capital the remainder will be available as additional working capital In addition to indebtedness the company has outstanding 3672690 common shares of which James Redmanboard chairman owns 162 members of the Redman family and the Redman Foundation own 337 Ford D Albritton Jr proposes to sell 65000 of 200774 shares held four others will sell the balance of the 147747 shares belng registered

TWIN CITY BARGE FILES FOR OFFERING AND SECONDARY Twin City Barge amp Towing Co bullbull 1303 Red Rock Rd bullbull ~ Paul Minn ~5101 filed a registration statement (File 2-33653) with the SEC on June 26 seeking registration of 170000 shares of common stock of which 130000 are to be offered for public sale by the company and 30000 (being outstanding shares) by the present holders thereof The offering is to be made throughunderwriters headed by Burton J Vincent amp Co 105 West Adams Street Chicago Ill the offering price ($750 per share maximum) and underwriting terms are to be supplied by amendment

The company and subsidiaries provide harbor towing and fleeting services for river barges own and operate a boat store and shipyard at St Paul operate a tank barge service in Chicago and St Paul harbors and providing towing service on the St Croix River under contract with Northern States Power Company Of the

net proceeds of its sale of additional hares $250000 will be used to retire bank loans $64000 to improveexisting facilities and equipment $200000 to increase working capital and the balance for other purposes including additional equipment In addition to indebtedness the company has outstanding 193600 common shares of which John W Lambert preSident owns 21 and Mary H Lambert 25 They propose to sell 6198 and 7500 shares respectively seventeen others will sell the balance of the shares being registered lncluding HW Lindholm board chairman (who will sell 309 shares)

THORP FINANCE FILES OFFERING PROPOSAL Thorp Finance Corporation 2100 Marine Plaza Milwaukee Wisc 53202 filed a registration statement (File 2-33654) with the SEC on June 26 seeking registration of 50000

shares of 6 cumulative preferred stock $100 par and $5000000 of Series E 6 capital debentures due 1984 The preferred stock is to be offered for public sale at $100 per share and the debentures at 100 of prinCipal amount a 2 selling commiSSion will be paid to employees engaged in the offering

The companys business consists primarily of direct lending and the sale of insurance in connection thereWith All its common stock is owned by International Telephone and Telegraph Corporation Net proceedsof this financing will be added to the companys working capital and initially may be applied to the reduction of short term debt incurred in the ordinary course of its business andor to the purchase of outstanding pre-ferred stock and capital debentures FranCis J Conway is board chairman Emil E Kistner vice chairman and Glenn D Hammitt president

AUTOMATIC DRILLING MACHINES FILES FOR OFFERING Automatic Drilling Machines Inc 5646 Milton Dallas ~ 75206 filed a registration statement (File 2-33655) with the SEC on June 26 seeking registrati~ 300000 shares of common stock The company proposes to offer this stock for sale through its officials Without payment of commiSSion NASD members who render assistance will receive a commission not exceeding 68C per share Also inCluded in the statement are 50000 outstanding shares which may be offered for sale by the present holder thereof

The company is primarily engaged in the manufacture and development of an autaated drilling machine deSigned for use in the oil and gas industry Of the net proceeds of its stock sale $500000 will be used to repay notes in that amount secured by its prototype machine and one of its patents and two patent applications as well as work in progress on a second machine the balance will be used to repay other borrOWings and current liabilities totalling $723484 and for working capital in the manufacture and fabrication of additional drilling eqUipment The company has outstanding 1462950 common shares of which Davis amp Rock LiqUidating Trust owns 2397and Henry Swift amp Co 286 RJ Bramell is presid~nt

GEN~ ENERGIES FILES FOR OFFERING AND SECONDARY Genexel Energies Inc 3094 Rice St St Paul Minn55113 flIed a registration statement (File 2-33657) with the SEC on June 26 seeking registration of 100000shares of common stock of Which 65000 are to be offered for public sale by the company and 35000 (being

Over

SEC N1WS DIGEST July 1 1969 4

outstanding hare) by tbe presnt bolder tbereof The offring i ~o be ad tbJOUp undetvritra beaded by Shauglme bull Co bullbull Inc bullbull First National Bank Building St Paul Ktnn the offerins price lt$$0 pet sbare lIIampXilllUlll) and undetvriting tems are to he supplied by AIIeIlC1IIentThe Shaughnessy Una will be enUtled to purchase for $30 five-year warrants for the purchsse of 3000 share warratlts for the purchaseof 2000 share were ampold to others

The coapany through subsidiaries is engaged in the furnishing of _terials equipment and vadous engineedng services to power water treatDIent and waste treatment plants it also in tbe contructflnof such plants Net proceeds of its sale of additional stock will be used for various purposes includingthe purchase of additional equipment and working capital The company has outstanding 376S92 cOU)n sbares~ owned by 38 stockholders John A Plallampnn is president The additional 35000 shares being regutered are to be offered by Douglas H McPeak

NATIONAL IlIDUsraIAL SERVICES TO SELL STOCK National Industrial Servicea Corp 275 Madison Avenue York NY 10016middot filed a registration statement (File 2-33658) with tbe SEC on June 26 seeking registrationof 125000 common shares to be offered for public sale through underwriters headed by FL Salomon amp Co50 Broadway New York New York The offering price ($10 per share maximum) and underwdting ter1118are tobe supplied by amendment The Salapn firm will be entitled to purchase for $12500 five-year warrantsfor the purchase of 12500 common shares

The company is primarily engaged in financing contracts for the purchase or lease of commercial and scientific (non-consumer) equipment and ins~rumentation for manufacturers and distributorsof such equipmentThe net proceeds of its stock sale will be added to the cODlpampnys working capital The cODlpampny has outstandq(in addition to indebtedness) 161600 common shares (with a $158 per share book value) and 88000 common stock purchase warrants (exercisable at $313 per share) Howard D Blank president owns 32000 shares and management officials as a group 107616 shares

FAn COMPANY FILES FOR SECONDARY Farr Company 2301 Rosecrans Avenue El Segundo Cslif 90245 filed a registration statement (File 2-33659) with the SEC of June 20 seeking registration of 200000 outstandingshares of common stock to be offered for public sale by the present holders thereof through underwriters headed by Bateman lichler Hill Richards Inc 460 South Spring Street Los Angeles Calif The offerins price ($1150 per share maximum) and underwriting terms are to be supplied by amendment The company will sell the Bateman Eichler firm for $1200 five-year warrants for tbe purchase of 12000 shares

The company is principally engaged in the deSign manufacturesale and service of filters and related hardware used for the control of contaminants in air diesel fuel and lubrication oil In addition to indebtedness it has outstanding 1017696 common shares of which M Spencer Farr board chairman and Richard 5 Farr president own 48 each Each proposes to sell 100000 of his holdings of 488768 shares

LILLI ANN CORP FILES FOR SECONDARY Lilli Ann Corporation 2701 Sixteenth 5t San FranCisco Cslif 94103 filed a registration statement (Fil~ 2-33660) with the SEC on June 26 seeking regiltration of 44250 outstanding shares of common stock The hOlders thereof may offer the shares for sale f~ time to timeat prices current at the time of sale

The company is engaged in tbe design manufacture and distribution of woens high fashion ensembles suits coats and dresses It has outstanding 524651 common shares of which Adolph P Schumanpresidentowns 2ln Trustees fortwo Schuman foundationtpropose to sell 30000 shares and two others the balance of the shares being registered

AtnOMATED SEilING APPARATUS TO SELL STOCK Automated Sewing Apparatus Inc 121 Wheeler Road Monroe~ 06468 filed a registration statement (File 2-33661) with the SEC on June 26 seeking registrationof 120000 shares of common stock to be offered for public lale at $3 per share The offering is to bemade on a best efforts all or none baais thro18h Dunhill Securities Corporation 21 West St New YorkNY 10007 which will receive a 30e per share selling commission plus $18000 for expenses The cDapanyhas agreed to sell the underwriter for $150 five-year warrants to purchase 15000 shars exercisable after

13 months at $3 per share The company was organized on January 13 to develop and I118nufacture automated apparatus for apparel

factories The apparatus is intended to automatically move the cloth as it is sewed Without attention by anoperator The company has one prototype apparatus that performs one sewing operation it is not manufacturinsor Belling such a machine at the present time Net proceeds of its stock sale will be added to the companysworking capital and used for general corporate purposes The cODlpampny has outstanding 180000 coaon sbayen (with a $125 per share book value) of which Emest M Junkins president and board cbai~n owns 8171Purchasers of the shares being registeredwill acquire a 4ot stock interest in the ccapany for tbeir invat-ment of $360000 (they will sustain an immediate dilution of $173 in per share book value froa the offertnaprice) the present shareholders will then own 6ot for which they paid $22400 in caah and a ta

NAllONAL CASH REGISTER TO SELL DEBENTURES The National Cash Register Company Main and K St bullbull ~Qh2 filed a registration statement (File 2-33663) with tbe SECon June 26 seeking registration of$100000000 of sinking fund debentures due 1994 to be offered for public sale through undexvnte-rs headedby Di 110n Read amp Co Inc 46 Wi 11iam Street New York N Y The interest rate offeriPI prtce and Uftdtlwriting terms are to be supplied by amendment

The company is prilll8rUy engaged in the design produCtion distribution and Jervic1ngof business equip--ment and machines Net proceeds of Lts debenture sale will be added to tbe cOllP8I11aefteral pound_ 4IIltLwUl be available for general corporate purpo In addition to igdebtedneas the COIIIJ8tIY baa oa~l 10318224 common shares ~t~middot

~gt

SIC lCIWS-DIGEST July 1 1969

KtlRA OORP TO SELL ~ Hura Corporation 355 Great Neck Road Great Neck NY 11021 fUad a registration statement tfile 2-33664) with the SEC on June 26 seeking regiatration of 100000 ahares of coIOn stock to be offered for public sale at $750 per ahare The offering is to be de on a~est effortl all or none besis throuSh HE Simpson Securities Inc bullbull 40 Exchanse Place New York NY bullbull which will receive a 75e per shan selUng co_ission plus $20000 for expenses Subject to sale of all the shares Everett Gellert president and board chairman will sell 5000 shares to James CW Simpaon president of the bull underwriter at loe per share

The company 1s engaged-in the import processing and marketing of electronic components for sale tooriginal equipment manufacturers and for sale through distributors Of the net proceeds of its stock sale$100000 wUl be used for promotional and advertising programs and $250000 may be used to establishmanufactunns facilitiea on a limited scalei the balance will be added to the companys working capital andused for general co-rporate purposes The company has outstanding 250000 common sharee

SIBLEY KlRTGAGE PROPOSES OFFElING Sibley Mortgage and Realty Trust 11111 Biscayne Blvd ~l ~33161filed a registration statement (File 2-33665) with the SEC on June 26 seeking registration of 2~dshares of beneficial interest to be offered for public sale through underwriters headed by SaundersStiver 6 Co bullbull One Terminal Tower Cleveland Ohio 44113 and Coenen 6 Co Inc 240 Park Avenue New YorkNY 10017 The offenng price ($15 per share maximum) and underwriting terms are to be suppUed byamendment

Organized on June 11 the Trust intends to qualify as a real estate investment trust under the InternalRevenue Code It intends to invest primarily in construction and development first mortgage loans SibleyMortgage and Realty Trust Management Company Inc will act as manager and adviSer to the Trust The Trusthas outstanding 7400 shares of which Harper Sibley Jr bullbull president and the manager and Saunders StivampCo own 4461 each Charles W Marshall is president of the Trust

CONSOLIDATED DENTAL SERVICES FILES FOR OFFERING AND SECONDARY Consolidated Dental Services Company741 Malson Blanche Bldg bullbull 921 Canal St New Orleans La 70112 filed a registration statement (File-2-33666) with the SEC on June 26 seeking registration of 400000 shares of common stock of Which 160000are to be offered for public sale by the company and 240000 (being outstanding shares) by the preaentholders thereof The offering is to be made through underwriters headed by Drexel Harriman RipleyIncorporated 1500 Walnut St Philadelphia Pa 19101 the offering price ($18 per share maximum) andunderwriting terms are to be supplied by amendment

The company was organized in January to acquIre four long established regional dental service companiesand their subSidiaries It is primarily engaged in the sale and distribution of consumable dental suppliesand dental equipment and in the operation of dental laboratories which manufacture oral prosthetic devicea on prescription Of the net proceeds of its sale of additional stock $375000 will be used to repay certain short-term bank indebtedness of a subsidiary incurred to finance notes receivable the balance will be ueed to repay short-term bank indebtedness of subSidiaries incurred to support increased inventories and accounts receivable In addition to indebtedness the company has outstanding 1200000 common shares of which George A Davison board chairman owns 10Herbert L Myers president 95 and management officials aa a group 599 Corinne A Davideon proposes to sell 35143 hares Edward L (a director) and Marguerite H Burrall 25800 shares Gerald H Myers fa director) 20715 George A Davidson 17566 Herbert L Kyera 19565 and a large number of others the remaining shares being registered

PRUDENTIAL FlIlfDSPROPOSES OFFERING Prudential Funds Lnc 90 Broad St New York NY 10004 filed a registration statement (File 2-33667) with the SEC on June 26 seeking registration of $12500000 of interests in its 1969 Year End Drilling Fund--Series Twenty to be offered for public sale at $5000 per unit The offenqg is to be made through company officials participating NASD members will receive a 5 sellingco_ission Prudential Funds Inc a subsidiary of Prudential Resources Corp will administer the Fund aa agent and in the event the Fund i8 continued ampS a limited partnership it will be the general partner thereof The objective of the Fund is to proVide a means whereby the participant may engage in and spreadhis partiCipation over a number of oil and gas drilling ventures and for the administration supervisionand accounting for participanU expenditures and income Ptudential Funds has entered into an agreement with Hanover Planning Company Inc bullbull a wholly owned subsIddary of Hornblower 6 Weeks-Hemphill Noyes whereby Hanover is given an opportunity to invest the monies of participants in the 1969 Drilling Programs adminiatered by Hanover in oil and gas drilling ventures that Prudential Funds evaluates and acquires for participantsNathan H Shippee is board chairman and president of Prudential Funds and of its parent Prudential Fundi haa outstanding 1750000 COIUIOn shares of which Prudential Resources owns 80li Nathan Shippee owna 2911 of the outstandinl tock of the parent

J-S lNDUSfllES fILES FOR OFFERING AND SECONDARY J-S Industries Inc bullbull Presque lsle fUed aregistration atat-ent (file 2-33669) with the SEC 00 June 26 seeking registration of 500000 shares of comaonatock of which 250000 are to be offered for public sale by the company and 250000 (being outstanding aharea)by the present holders thereof The offering is to be made through underwriters headed by Van Alstyne Noel

amp Co bullbull Four Albany St bullbull New York NY 10006 the offering price ($12 per share maxi_) and underwritingterms an to be supplied by amendment The company has agreed to grant the Van Alstyne firm five-year warrantl

to purchase 45000 shares Also included in this statement are 100000 outstanding shares to be offered for 881e by JR Simplot Coapany (the selling stockholder) to its employees

Organized on May 14 the company is primarily engaged in the business of growing purchasing processingand seUina frozeu and dehydrated potato products Of the net proceeds of itl 881e of additional atock$2000000 will be used in purchasing and installing additional production facilities and freeZing equipmentfor the proceasing of potatoesi the balance will be added to the COllpanys working capital In addition toindebtedneas the COIIpany haa outstanding 1750000 common shares of which J R S111plot Company and PotatoService Company of New York Inc bullbull own sot each They propoae to sell 275000 and 75000 shares respectivelyJohn a_ Siplot is board chairman and JUles Salzbank president

Over

SIC UWS DIGEsr JULy 1 1969 Pap 6

STOCJ( PUNS FILID The follOllins have filed Fora S-8 registration state_nts with the SEC king registration of scurities to be offered under and pursuant to ftlp10yee stock and related pI

levere Copper and Brbullbullbull Inc bullbull Mew York 10017 (File 2-33631) - 150000 shares Harcourt Brace 6 World Inc )lew York 10017 (File 2-33634) - 150000 sharea Southeast Baacorporation Inc New York 33131 (File 2-33639) - 150000 shares Studebaker-Worthington Inc lew York 10036 (File 2-33656) - 200000 sharea Washington National Insurance Company Ivanston Ill (File 2-33662) - 221592 share a J C Penney Company Inc (File 2-33668) - $11500000 participations in the Profit-Sharing Fund and

460000 ahares

RECEN1 FORM 8-X FILINGS The companies listed below have filed Form 8-X reports for the cmth indicated and responding to the item of the Form specified in parentheaes Photocopies thereof II8Y be purchased fro the Coaniasionla Public Reference Section (p1eaae give News Digest Issue No in ordering) Invoice will be included with the requested material when mailed An index of the captions of the several items of the form was included in the June 4 News Digest

General Baacsharea Corp teae Nt liar CorpApr 1969 (11) 1-3750-2 Mar 1969(213)

InttU8_t Sytem Corp March 1969( 2781213) 1-5643-2 Nat1 Gypsua Co

Jeffraon Lake Petro- Apr 1969(1113) 1-2489-2 chicals of caneda Theil loe

Apr 1969 (1112) 1-4588-2 March 1969( 271113) 0-3012-2 Lee Motor Productl IDe

809 1968(3) 1-4441-2 Diveraified produce Corp

Sept 1968(2) 0middot3067-2 Monter IUrsing Inns Inc Dec 1968(112) 0-3167-2 March 1969( 21213) 2-29763-2

Graniteville Co Apr 1969(1112) 1-4630-2 Concord Fabrics lac

Pan ~erican Sulphur Co ~h 1969(7) 1-5960-2March 1969(12) 1-4319-2

F W WoolV01th Co Franklin Elec Co IncHar 1969(4113) Marcb 1969(411 0middot362-2

Buraer Brewing Co Cincinnati Hilling Machine Co

Jan 1969(1) 1-1600-2 Apr 1969(11) 1-3306-2

Lee Way Motor Freibt Inc Penn Pacific Corp

Apr 1969(7) 0-741-2 Jan 1969(3912) 0-130-2 Voas Engineering Co

Jan 1969(11) 0-2997-2

Global Ind bullbull Inc Telautograpb CorpJune 1969(713) 2-20526-2 ~t to 8t for Feb 1969 (12) 1-632-2

Lithonia Ligbting IncMarcb 1969(2) 1-4776-2 M G Liquidating Co

May 1968 (813) 0526-2

SECURITIES ACT RECISTRATIONS Effective June 27 Capital Funding Corp 2-32292 (40 days)Effective June 30 Apache Corp 2-33427 ArtIs-Way Manufacturing Co Inc 2-31843 (Sep 29)Comp-Serv Co bull 2-31404 (90 days) Cordis Corp 2-33520 Denver Real Estate Investment Aasoc 2-33041(40 days) Educational Design Inc 2-31483 (90 days) Falcon 1969 Oil amp Gas Program 2-31716 (90 daya)Halsey Drug Co Inc 2-32285 (90 days) Mathematical Applications Group Inc bull 2-32603 (90 days)National Bank of Israel Ltd 2-33146 (40 days) National Service Industries Inc 2-33643 (40 days)Olson Laboratories Inc 2-31374 (Sep 28) J C Penney Co Inc 2-33668 Penta Computer AsaociatesInc 2-32354 (90 days) Pipers Basketball Club Inc 2-31848 (90 days) Presley Deve1opent Co 2-32019(90 days) 1969 Prudent Resources Oil and Cas Program 2-31673 (90 days) Tele-Tape Productions Inc2-33199 (40 days) Telewor1d Inc 2-31558 (90 days)

NOTE TO DEALERS The period of time dealers are required to use the prospectus in trading transaction is shown above in parentheses after the name of the issuer

As estimated for purposes of computing the registrat~n fee

---0000000---

SEC N1WS DIGEST July 1 1969 4

outstanding hare) by tbe presnt bolder tbereof The offring i ~o be ad tbJOUp undetvritra beaded by Shauglme bull Co bullbull Inc bullbull First National Bank Building St Paul Ktnn the offerins price lt$$0 pet sbare lIIampXilllUlll) and undetvriting tems are to he supplied by AIIeIlC1IIentThe Shaughnessy Una will be enUtled to purchase for $30 five-year warrants for the purchsse of 3000 share warratlts for the purchaseof 2000 share were ampold to others

The coapany through subsidiaries is engaged in the furnishing of _terials equipment and vadous engineedng services to power water treatDIent and waste treatment plants it also in tbe contructflnof such plants Net proceeds of its sale of additional stock will be used for various purposes includingthe purchase of additional equipment and working capital The company has outstanding 376S92 cOU)n sbares~ owned by 38 stockholders John A Plallampnn is president The additional 35000 shares being regutered are to be offered by Douglas H McPeak

NATIONAL IlIDUsraIAL SERVICES TO SELL STOCK National Industrial Servicea Corp 275 Madison Avenue York NY 10016middot filed a registration statement (File 2-33658) with tbe SEC on June 26 seeking registrationof 125000 common shares to be offered for public sale through underwriters headed by FL Salomon amp Co50 Broadway New York New York The offering price ($10 per share maximum) and underwdting ter1118are tobe supplied by amendment The Salapn firm will be entitled to purchase for $12500 five-year warrantsfor the purchase of 12500 common shares

The company is primarily engaged in financing contracts for the purchase or lease of commercial and scientific (non-consumer) equipment and ins~rumentation for manufacturers and distributorsof such equipmentThe net proceeds of its stock sale will be added to the cODlpampnys working capital The cODlpampny has outstandq(in addition to indebtedness) 161600 common shares (with a $158 per share book value) and 88000 common stock purchase warrants (exercisable at $313 per share) Howard D Blank president owns 32000 shares and management officials as a group 107616 shares

FAn COMPANY FILES FOR SECONDARY Farr Company 2301 Rosecrans Avenue El Segundo Cslif 90245 filed a registration statement (File 2-33659) with the SEC of June 20 seeking registration of 200000 outstandingshares of common stock to be offered for public sale by the present holders thereof through underwriters headed by Bateman lichler Hill Richards Inc 460 South Spring Street Los Angeles Calif The offerins price ($1150 per share maximum) and underwriting terms are to be supplied by amendment The company will sell the Bateman Eichler firm for $1200 five-year warrants for tbe purchase of 12000 shares

The company is principally engaged in the deSign manufacturesale and service of filters and related hardware used for the control of contaminants in air diesel fuel and lubrication oil In addition to indebtedness it has outstanding 1017696 common shares of which M Spencer Farr board chairman and Richard 5 Farr president own 48 each Each proposes to sell 100000 of his holdings of 488768 shares

LILLI ANN CORP FILES FOR SECONDARY Lilli Ann Corporation 2701 Sixteenth 5t San FranCisco Cslif 94103 filed a registration statement (Fil~ 2-33660) with the SEC on June 26 seeking regiltration of 44250 outstanding shares of common stock The hOlders thereof may offer the shares for sale f~ time to timeat prices current at the time of sale

The company is engaged in tbe design manufacture and distribution of woens high fashion ensembles suits coats and dresses It has outstanding 524651 common shares of which Adolph P Schumanpresidentowns 2ln Trustees fortwo Schuman foundationtpropose to sell 30000 shares and two others the balance of the shares being registered

AtnOMATED SEilING APPARATUS TO SELL STOCK Automated Sewing Apparatus Inc 121 Wheeler Road Monroe~ 06468 filed a registration statement (File 2-33661) with the SEC on June 26 seeking registrationof 120000 shares of common stock to be offered for public lale at $3 per share The offering is to bemade on a best efforts all or none baais thro18h Dunhill Securities Corporation 21 West St New YorkNY 10007 which will receive a 30e per share selling commission plus $18000 for expenses The cDapanyhas agreed to sell the underwriter for $150 five-year warrants to purchase 15000 shars exercisable after

13 months at $3 per share The company was organized on January 13 to develop and I118nufacture automated apparatus for apparel

factories The apparatus is intended to automatically move the cloth as it is sewed Without attention by anoperator The company has one prototype apparatus that performs one sewing operation it is not manufacturinsor Belling such a machine at the present time Net proceeds of its stock sale will be added to the companysworking capital and used for general corporate purposes The cODlpampny has outstanding 180000 coaon sbayen (with a $125 per share book value) of which Emest M Junkins president and board cbai~n owns 8171Purchasers of the shares being registeredwill acquire a 4ot stock interest in the ccapany for tbeir invat-ment of $360000 (they will sustain an immediate dilution of $173 in per share book value froa the offertnaprice) the present shareholders will then own 6ot for which they paid $22400 in caah and a ta

NAllONAL CASH REGISTER TO SELL DEBENTURES The National Cash Register Company Main and K St bullbull ~Qh2 filed a registration statement (File 2-33663) with tbe SECon June 26 seeking registration of$100000000 of sinking fund debentures due 1994 to be offered for public sale through undexvnte-rs headedby Di 110n Read amp Co Inc 46 Wi 11iam Street New York N Y The interest rate offeriPI prtce and Uftdtlwriting terms are to be supplied by amendment

The company is prilll8rUy engaged in the design produCtion distribution and Jervic1ngof business equip--ment and machines Net proceeds of Lts debenture sale will be added to tbe cOllP8I11aefteral pound_ 4IIltLwUl be available for general corporate purpo In addition to igdebtedneas the COIIIJ8tIY baa oa~l 10318224 common shares ~t~middot

~gt

SIC lCIWS-DIGEST July 1 1969

KtlRA OORP TO SELL ~ Hura Corporation 355 Great Neck Road Great Neck NY 11021 fUad a registration statement tfile 2-33664) with the SEC on June 26 seeking regiatration of 100000 ahares of coIOn stock to be offered for public sale at $750 per ahare The offering is to be de on a~est effortl all or none besis throuSh HE Simpson Securities Inc bullbull 40 Exchanse Place New York NY bullbull which will receive a 75e per shan selUng co_ission plus $20000 for expenses Subject to sale of all the shares Everett Gellert president and board chairman will sell 5000 shares to James CW Simpaon president of the bull underwriter at loe per share

The company 1s engaged-in the import processing and marketing of electronic components for sale tooriginal equipment manufacturers and for sale through distributors Of the net proceeds of its stock sale$100000 wUl be used for promotional and advertising programs and $250000 may be used to establishmanufactunns facilitiea on a limited scalei the balance will be added to the companys working capital andused for general co-rporate purposes The company has outstanding 250000 common sharee

SIBLEY KlRTGAGE PROPOSES OFFElING Sibley Mortgage and Realty Trust 11111 Biscayne Blvd ~l ~33161filed a registration statement (File 2-33665) with the SEC on June 26 seeking registration of 2~dshares of beneficial interest to be offered for public sale through underwriters headed by SaundersStiver 6 Co bullbull One Terminal Tower Cleveland Ohio 44113 and Coenen 6 Co Inc 240 Park Avenue New YorkNY 10017 The offenng price ($15 per share maximum) and underwriting terms are to be suppUed byamendment

Organized on June 11 the Trust intends to qualify as a real estate investment trust under the InternalRevenue Code It intends to invest primarily in construction and development first mortgage loans SibleyMortgage and Realty Trust Management Company Inc will act as manager and adviSer to the Trust The Trusthas outstanding 7400 shares of which Harper Sibley Jr bullbull president and the manager and Saunders StivampCo own 4461 each Charles W Marshall is president of the Trust

CONSOLIDATED DENTAL SERVICES FILES FOR OFFERING AND SECONDARY Consolidated Dental Services Company741 Malson Blanche Bldg bullbull 921 Canal St New Orleans La 70112 filed a registration statement (File-2-33666) with the SEC on June 26 seeking registration of 400000 shares of common stock of Which 160000are to be offered for public sale by the company and 240000 (being outstanding shares) by the preaentholders thereof The offering is to be made through underwriters headed by Drexel Harriman RipleyIncorporated 1500 Walnut St Philadelphia Pa 19101 the offering price ($18 per share maximum) andunderwriting terms are to be supplied by amendment

The company was organized in January to acquIre four long established regional dental service companiesand their subSidiaries It is primarily engaged in the sale and distribution of consumable dental suppliesand dental equipment and in the operation of dental laboratories which manufacture oral prosthetic devicea on prescription Of the net proceeds of its sale of additional stock $375000 will be used to repay certain short-term bank indebtedness of a subsidiary incurred to finance notes receivable the balance will be ueed to repay short-term bank indebtedness of subSidiaries incurred to support increased inventories and accounts receivable In addition to indebtedness the company has outstanding 1200000 common shares of which George A Davison board chairman owns 10Herbert L Myers president 95 and management officials aa a group 599 Corinne A Davideon proposes to sell 35143 hares Edward L (a director) and Marguerite H Burrall 25800 shares Gerald H Myers fa director) 20715 George A Davidson 17566 Herbert L Kyera 19565 and a large number of others the remaining shares being registered

PRUDENTIAL FlIlfDSPROPOSES OFFERING Prudential Funds Lnc 90 Broad St New York NY 10004 filed a registration statement (File 2-33667) with the SEC on June 26 seeking registration of $12500000 of interests in its 1969 Year End Drilling Fund--Series Twenty to be offered for public sale at $5000 per unit The offenqg is to be made through company officials participating NASD members will receive a 5 sellingco_ission Prudential Funds Inc a subsidiary of Prudential Resources Corp will administer the Fund aa agent and in the event the Fund i8 continued ampS a limited partnership it will be the general partner thereof The objective of the Fund is to proVide a means whereby the participant may engage in and spreadhis partiCipation over a number of oil and gas drilling ventures and for the administration supervisionand accounting for participanU expenditures and income Ptudential Funds has entered into an agreement with Hanover Planning Company Inc bullbull a wholly owned subsIddary of Hornblower 6 Weeks-Hemphill Noyes whereby Hanover is given an opportunity to invest the monies of participants in the 1969 Drilling Programs adminiatered by Hanover in oil and gas drilling ventures that Prudential Funds evaluates and acquires for participantsNathan H Shippee is board chairman and president of Prudential Funds and of its parent Prudential Fundi haa outstanding 1750000 COIUIOn shares of which Prudential Resources owns 80li Nathan Shippee owna 2911 of the outstandinl tock of the parent

J-S lNDUSfllES fILES FOR OFFERING AND SECONDARY J-S Industries Inc bullbull Presque lsle fUed aregistration atat-ent (file 2-33669) with the SEC 00 June 26 seeking registration of 500000 shares of comaonatock of which 250000 are to be offered for public sale by the company and 250000 (being outstanding aharea)by the present holders thereof The offering is to be made through underwriters headed by Van Alstyne Noel

amp Co bullbull Four Albany St bullbull New York NY 10006 the offering price ($12 per share maxi_) and underwritingterms an to be supplied by amendment The company has agreed to grant the Van Alstyne firm five-year warrantl

to purchase 45000 shares Also included in this statement are 100000 outstanding shares to be offered for 881e by JR Simplot Coapany (the selling stockholder) to its employees

Organized on May 14 the company is primarily engaged in the business of growing purchasing processingand seUina frozeu and dehydrated potato products Of the net proceeds of itl 881e of additional atock$2000000 will be used in purchasing and installing additional production facilities and freeZing equipmentfor the proceasing of potatoesi the balance will be added to the COllpanys working capital In addition toindebtedneas the COIIpany haa outstanding 1750000 common shares of which J R S111plot Company and PotatoService Company of New York Inc bullbull own sot each They propoae to sell 275000 and 75000 shares respectivelyJohn a_ Siplot is board chairman and JUles Salzbank president

Over

SIC UWS DIGEsr JULy 1 1969 Pap 6

STOCJ( PUNS FILID The follOllins have filed Fora S-8 registration state_nts with the SEC king registration of scurities to be offered under and pursuant to ftlp10yee stock and related pI

levere Copper and Brbullbullbull Inc bullbull Mew York 10017 (File 2-33631) - 150000 shares Harcourt Brace 6 World Inc )lew York 10017 (File 2-33634) - 150000 sharea Southeast Baacorporation Inc New York 33131 (File 2-33639) - 150000 shares Studebaker-Worthington Inc lew York 10036 (File 2-33656) - 200000 sharea Washington National Insurance Company Ivanston Ill (File 2-33662) - 221592 share a J C Penney Company Inc (File 2-33668) - $11500000 participations in the Profit-Sharing Fund and

460000 ahares

RECEN1 FORM 8-X FILINGS The companies listed below have filed Form 8-X reports for the cmth indicated and responding to the item of the Form specified in parentheaes Photocopies thereof II8Y be purchased fro the Coaniasionla Public Reference Section (p1eaae give News Digest Issue No in ordering) Invoice will be included with the requested material when mailed An index of the captions of the several items of the form was included in the June 4 News Digest

General Baacsharea Corp teae Nt liar CorpApr 1969 (11) 1-3750-2 Mar 1969(213)

InttU8_t Sytem Corp March 1969( 2781213) 1-5643-2 Nat1 Gypsua Co

Jeffraon Lake Petro- Apr 1969(1113) 1-2489-2 chicals of caneda Theil loe

Apr 1969 (1112) 1-4588-2 March 1969( 271113) 0-3012-2 Lee Motor Productl IDe

809 1968(3) 1-4441-2 Diveraified produce Corp

Sept 1968(2) 0middot3067-2 Monter IUrsing Inns Inc Dec 1968(112) 0-3167-2 March 1969( 21213) 2-29763-2

Graniteville Co Apr 1969(1112) 1-4630-2 Concord Fabrics lac

Pan ~erican Sulphur Co ~h 1969(7) 1-5960-2March 1969(12) 1-4319-2

F W WoolV01th Co Franklin Elec Co IncHar 1969(4113) Marcb 1969(411 0middot362-2

Buraer Brewing Co Cincinnati Hilling Machine Co

Jan 1969(1) 1-1600-2 Apr 1969(11) 1-3306-2

Lee Way Motor Freibt Inc Penn Pacific Corp

Apr 1969(7) 0-741-2 Jan 1969(3912) 0-130-2 Voas Engineering Co

Jan 1969(11) 0-2997-2

Global Ind bullbull Inc Telautograpb CorpJune 1969(713) 2-20526-2 ~t to 8t for Feb 1969 (12) 1-632-2

Lithonia Ligbting IncMarcb 1969(2) 1-4776-2 M G Liquidating Co

May 1968 (813) 0526-2

SECURITIES ACT RECISTRATIONS Effective June 27 Capital Funding Corp 2-32292 (40 days)Effective June 30 Apache Corp 2-33427 ArtIs-Way Manufacturing Co Inc 2-31843 (Sep 29)Comp-Serv Co bull 2-31404 (90 days) Cordis Corp 2-33520 Denver Real Estate Investment Aasoc 2-33041(40 days) Educational Design Inc 2-31483 (90 days) Falcon 1969 Oil amp Gas Program 2-31716 (90 daya)Halsey Drug Co Inc 2-32285 (90 days) Mathematical Applications Group Inc bull 2-32603 (90 days)National Bank of Israel Ltd 2-33146 (40 days) National Service Industries Inc 2-33643 (40 days)Olson Laboratories Inc 2-31374 (Sep 28) J C Penney Co Inc 2-33668 Penta Computer AsaociatesInc 2-32354 (90 days) Pipers Basketball Club Inc 2-31848 (90 days) Presley Deve1opent Co 2-32019(90 days) 1969 Prudent Resources Oil and Cas Program 2-31673 (90 days) Tele-Tape Productions Inc2-33199 (40 days) Telewor1d Inc 2-31558 (90 days)

NOTE TO DEALERS The period of time dealers are required to use the prospectus in trading transaction is shown above in parentheses after the name of the issuer

As estimated for purposes of computing the registrat~n fee

---0000000---

SIC lCIWS-DIGEST July 1 1969

KtlRA OORP TO SELL ~ Hura Corporation 355 Great Neck Road Great Neck NY 11021 fUad a registration statement tfile 2-33664) with the SEC on June 26 seeking regiatration of 100000 ahares of coIOn stock to be offered for public sale at $750 per ahare The offering is to be de on a~est effortl all or none besis throuSh HE Simpson Securities Inc bullbull 40 Exchanse Place New York NY bullbull which will receive a 75e per shan selUng co_ission plus $20000 for expenses Subject to sale of all the shares Everett Gellert president and board chairman will sell 5000 shares to James CW Simpaon president of the bull underwriter at loe per share

The company 1s engaged-in the import processing and marketing of electronic components for sale tooriginal equipment manufacturers and for sale through distributors Of the net proceeds of its stock sale$100000 wUl be used for promotional and advertising programs and $250000 may be used to establishmanufactunns facilitiea on a limited scalei the balance will be added to the companys working capital andused for general co-rporate purposes The company has outstanding 250000 common sharee

SIBLEY KlRTGAGE PROPOSES OFFElING Sibley Mortgage and Realty Trust 11111 Biscayne Blvd ~l ~33161filed a registration statement (File 2-33665) with the SEC on June 26 seeking registration of 2~dshares of beneficial interest to be offered for public sale through underwriters headed by SaundersStiver 6 Co bullbull One Terminal Tower Cleveland Ohio 44113 and Coenen 6 Co Inc 240 Park Avenue New YorkNY 10017 The offenng price ($15 per share maximum) and underwriting terms are to be suppUed byamendment

Organized on June 11 the Trust intends to qualify as a real estate investment trust under the InternalRevenue Code It intends to invest primarily in construction and development first mortgage loans SibleyMortgage and Realty Trust Management Company Inc will act as manager and adviSer to the Trust The Trusthas outstanding 7400 shares of which Harper Sibley Jr bullbull president and the manager and Saunders StivampCo own 4461 each Charles W Marshall is president of the Trust

CONSOLIDATED DENTAL SERVICES FILES FOR OFFERING AND SECONDARY Consolidated Dental Services Company741 Malson Blanche Bldg bullbull 921 Canal St New Orleans La 70112 filed a registration statement (File-2-33666) with the SEC on June 26 seeking registration of 400000 shares of common stock of Which 160000are to be offered for public sale by the company and 240000 (being outstanding shares) by the preaentholders thereof The offering is to be made through underwriters headed by Drexel Harriman RipleyIncorporated 1500 Walnut St Philadelphia Pa 19101 the offering price ($18 per share maximum) andunderwriting terms are to be supplied by amendment

The company was organized in January to acquIre four long established regional dental service companiesand their subSidiaries It is primarily engaged in the sale and distribution of consumable dental suppliesand dental equipment and in the operation of dental laboratories which manufacture oral prosthetic devicea on prescription Of the net proceeds of its sale of additional stock $375000 will be used to repay certain short-term bank indebtedness of a subsidiary incurred to finance notes receivable the balance will be ueed to repay short-term bank indebtedness of subSidiaries incurred to support increased inventories and accounts receivable In addition to indebtedness the company has outstanding 1200000 common shares of which George A Davison board chairman owns 10Herbert L Myers president 95 and management officials aa a group 599 Corinne A Davideon proposes to sell 35143 hares Edward L (a director) and Marguerite H Burrall 25800 shares Gerald H Myers fa director) 20715 George A Davidson 17566 Herbert L Kyera 19565 and a large number of others the remaining shares being registered

PRUDENTIAL FlIlfDSPROPOSES OFFERING Prudential Funds Lnc 90 Broad St New York NY 10004 filed a registration statement (File 2-33667) with the SEC on June 26 seeking registration of $12500000 of interests in its 1969 Year End Drilling Fund--Series Twenty to be offered for public sale at $5000 per unit The offenqg is to be made through company officials participating NASD members will receive a 5 sellingco_ission Prudential Funds Inc a subsidiary of Prudential Resources Corp will administer the Fund aa agent and in the event the Fund i8 continued ampS a limited partnership it will be the general partner thereof The objective of the Fund is to proVide a means whereby the participant may engage in and spreadhis partiCipation over a number of oil and gas drilling ventures and for the administration supervisionand accounting for participanU expenditures and income Ptudential Funds has entered into an agreement with Hanover Planning Company Inc bullbull a wholly owned subsIddary of Hornblower 6 Weeks-Hemphill Noyes whereby Hanover is given an opportunity to invest the monies of participants in the 1969 Drilling Programs adminiatered by Hanover in oil and gas drilling ventures that Prudential Funds evaluates and acquires for participantsNathan H Shippee is board chairman and president of Prudential Funds and of its parent Prudential Fundi haa outstanding 1750000 COIUIOn shares of which Prudential Resources owns 80li Nathan Shippee owna 2911 of the outstandinl tock of the parent

J-S lNDUSfllES fILES FOR OFFERING AND SECONDARY J-S Industries Inc bullbull Presque lsle fUed aregistration atat-ent (file 2-33669) with the SEC 00 June 26 seeking registration of 500000 shares of comaonatock of which 250000 are to be offered for public sale by the company and 250000 (being outstanding aharea)by the present holders thereof The offering is to be made through underwriters headed by Van Alstyne Noel

amp Co bullbull Four Albany St bullbull New York NY 10006 the offering price ($12 per share maxi_) and underwritingterms an to be supplied by amendment The company has agreed to grant the Van Alstyne firm five-year warrantl

to purchase 45000 shares Also included in this statement are 100000 outstanding shares to be offered for 881e by JR Simplot Coapany (the selling stockholder) to its employees

Organized on May 14 the company is primarily engaged in the business of growing purchasing processingand seUina frozeu and dehydrated potato products Of the net proceeds of itl 881e of additional atock$2000000 will be used in purchasing and installing additional production facilities and freeZing equipmentfor the proceasing of potatoesi the balance will be added to the COllpanys working capital In addition toindebtedneas the COIIpany haa outstanding 1750000 common shares of which J R S111plot Company and PotatoService Company of New York Inc bullbull own sot each They propoae to sell 275000 and 75000 shares respectivelyJohn a_ Siplot is board chairman and JUles Salzbank president

Over

SIC UWS DIGEsr JULy 1 1969 Pap 6

STOCJ( PUNS FILID The follOllins have filed Fora S-8 registration state_nts with the SEC king registration of scurities to be offered under and pursuant to ftlp10yee stock and related pI

levere Copper and Brbullbullbull Inc bullbull Mew York 10017 (File 2-33631) - 150000 shares Harcourt Brace 6 World Inc )lew York 10017 (File 2-33634) - 150000 sharea Southeast Baacorporation Inc New York 33131 (File 2-33639) - 150000 shares Studebaker-Worthington Inc lew York 10036 (File 2-33656) - 200000 sharea Washington National Insurance Company Ivanston Ill (File 2-33662) - 221592 share a J C Penney Company Inc (File 2-33668) - $11500000 participations in the Profit-Sharing Fund and

460000 ahares

RECEN1 FORM 8-X FILINGS The companies listed below have filed Form 8-X reports for the cmth indicated and responding to the item of the Form specified in parentheaes Photocopies thereof II8Y be purchased fro the Coaniasionla Public Reference Section (p1eaae give News Digest Issue No in ordering) Invoice will be included with the requested material when mailed An index of the captions of the several items of the form was included in the June 4 News Digest

General Baacsharea Corp teae Nt liar CorpApr 1969 (11) 1-3750-2 Mar 1969(213)

InttU8_t Sytem Corp March 1969( 2781213) 1-5643-2 Nat1 Gypsua Co

Jeffraon Lake Petro- Apr 1969(1113) 1-2489-2 chicals of caneda Theil loe

Apr 1969 (1112) 1-4588-2 March 1969( 271113) 0-3012-2 Lee Motor Productl IDe

809 1968(3) 1-4441-2 Diveraified produce Corp

Sept 1968(2) 0middot3067-2 Monter IUrsing Inns Inc Dec 1968(112) 0-3167-2 March 1969( 21213) 2-29763-2

Graniteville Co Apr 1969(1112) 1-4630-2 Concord Fabrics lac

Pan ~erican Sulphur Co ~h 1969(7) 1-5960-2March 1969(12) 1-4319-2

F W WoolV01th Co Franklin Elec Co IncHar 1969(4113) Marcb 1969(411 0middot362-2

Buraer Brewing Co Cincinnati Hilling Machine Co

Jan 1969(1) 1-1600-2 Apr 1969(11) 1-3306-2

Lee Way Motor Freibt Inc Penn Pacific Corp

Apr 1969(7) 0-741-2 Jan 1969(3912) 0-130-2 Voas Engineering Co

Jan 1969(11) 0-2997-2

Global Ind bullbull Inc Telautograpb CorpJune 1969(713) 2-20526-2 ~t to 8t for Feb 1969 (12) 1-632-2

Lithonia Ligbting IncMarcb 1969(2) 1-4776-2 M G Liquidating Co

May 1968 (813) 0526-2

SECURITIES ACT RECISTRATIONS Effective June 27 Capital Funding Corp 2-32292 (40 days)Effective June 30 Apache Corp 2-33427 ArtIs-Way Manufacturing Co Inc 2-31843 (Sep 29)Comp-Serv Co bull 2-31404 (90 days) Cordis Corp 2-33520 Denver Real Estate Investment Aasoc 2-33041(40 days) Educational Design Inc 2-31483 (90 days) Falcon 1969 Oil amp Gas Program 2-31716 (90 daya)Halsey Drug Co Inc 2-32285 (90 days) Mathematical Applications Group Inc bull 2-32603 (90 days)National Bank of Israel Ltd 2-33146 (40 days) National Service Industries Inc 2-33643 (40 days)Olson Laboratories Inc 2-31374 (Sep 28) J C Penney Co Inc 2-33668 Penta Computer AsaociatesInc 2-32354 (90 days) Pipers Basketball Club Inc 2-31848 (90 days) Presley Deve1opent Co 2-32019(90 days) 1969 Prudent Resources Oil and Cas Program 2-31673 (90 days) Tele-Tape Productions Inc2-33199 (40 days) Telewor1d Inc 2-31558 (90 days)

NOTE TO DEALERS The period of time dealers are required to use the prospectus in trading transaction is shown above in parentheses after the name of the issuer

As estimated for purposes of computing the registrat~n fee

---0000000---

SIC UWS DIGEsr JULy 1 1969 Pap 6

STOCJ( PUNS FILID The follOllins have filed Fora S-8 registration state_nts with the SEC king registration of scurities to be offered under and pursuant to ftlp10yee stock and related pI

levere Copper and Brbullbullbull Inc bullbull Mew York 10017 (File 2-33631) - 150000 shares Harcourt Brace 6 World Inc )lew York 10017 (File 2-33634) - 150000 sharea Southeast Baacorporation Inc New York 33131 (File 2-33639) - 150000 shares Studebaker-Worthington Inc lew York 10036 (File 2-33656) - 200000 sharea Washington National Insurance Company Ivanston Ill (File 2-33662) - 221592 share a J C Penney Company Inc (File 2-33668) - $11500000 participations in the Profit-Sharing Fund and

460000 ahares

RECEN1 FORM 8-X FILINGS The companies listed below have filed Form 8-X reports for the cmth indicated and responding to the item of the Form specified in parentheaes Photocopies thereof II8Y be purchased fro the Coaniasionla Public Reference Section (p1eaae give News Digest Issue No in ordering) Invoice will be included with the requested material when mailed An index of the captions of the several items of the form was included in the June 4 News Digest

General Baacsharea Corp teae Nt liar CorpApr 1969 (11) 1-3750-2 Mar 1969(213)

InttU8_t Sytem Corp March 1969( 2781213) 1-5643-2 Nat1 Gypsua Co

Jeffraon Lake Petro- Apr 1969(1113) 1-2489-2 chicals of caneda Theil loe

Apr 1969 (1112) 1-4588-2 March 1969( 271113) 0-3012-2 Lee Motor Productl IDe

809 1968(3) 1-4441-2 Diveraified produce Corp

Sept 1968(2) 0middot3067-2 Monter IUrsing Inns Inc Dec 1968(112) 0-3167-2 March 1969( 21213) 2-29763-2

Graniteville Co Apr 1969(1112) 1-4630-2 Concord Fabrics lac

Pan ~erican Sulphur Co ~h 1969(7) 1-5960-2March 1969(12) 1-4319-2

F W WoolV01th Co Franklin Elec Co IncHar 1969(4113) Marcb 1969(411 0middot362-2

Buraer Brewing Co Cincinnati Hilling Machine Co

Jan 1969(1) 1-1600-2 Apr 1969(11) 1-3306-2

Lee Way Motor Freibt Inc Penn Pacific Corp

Apr 1969(7) 0-741-2 Jan 1969(3912) 0-130-2 Voas Engineering Co

Jan 1969(11) 0-2997-2

Global Ind bullbull Inc Telautograpb CorpJune 1969(713) 2-20526-2 ~t to 8t for Feb 1969 (12) 1-632-2

Lithonia Ligbting IncMarcb 1969(2) 1-4776-2 M G Liquidating Co

May 1968 (813) 0526-2

SECURITIES ACT RECISTRATIONS Effective June 27 Capital Funding Corp 2-32292 (40 days)Effective June 30 Apache Corp 2-33427 ArtIs-Way Manufacturing Co Inc 2-31843 (Sep 29)Comp-Serv Co bull 2-31404 (90 days) Cordis Corp 2-33520 Denver Real Estate Investment Aasoc 2-33041(40 days) Educational Design Inc 2-31483 (90 days) Falcon 1969 Oil amp Gas Program 2-31716 (90 daya)Halsey Drug Co Inc 2-32285 (90 days) Mathematical Applications Group Inc bull 2-32603 (90 days)National Bank of Israel Ltd 2-33146 (40 days) National Service Industries Inc 2-33643 (40 days)Olson Laboratories Inc 2-31374 (Sep 28) J C Penney Co Inc 2-33668 Penta Computer AsaociatesInc 2-32354 (90 days) Pipers Basketball Club Inc 2-31848 (90 days) Presley Deve1opent Co 2-32019(90 days) 1969 Prudent Resources Oil and Cas Program 2-31673 (90 days) Tele-Tape Productions Inc2-33199 (40 days) Telewor1d Inc 2-31558 (90 days)

NOTE TO DEALERS The period of time dealers are required to use the prospectus in trading transaction is shown above in parentheses after the name of the issuer

As estimated for purposes of computing the registrat~n fee

---0000000---