Dig 020179
Dig 020179
Dig 020179
lV
The Commission announced that on January 31 it filed a civil injunctive action in the
U.S. District Court for the District of Columbia against Heritage Enterprises, Inc.,
alleging violations of the reporting provisions of the securities laws.
The Commission's complaint alleged that Heritage has failed to file its annual report
on Form 10-K for its fiscal year ended March 31, 1978, required to have been filed
with the Commission by June 29, 1978, and its quarterly reports on Form 10-Q for its
fiscal quarters ended June 30, 1977, September 30, 1977, December 31, 1977, June 30,
1978 and September 30, 1978, required to have been filed with the Commission by,
respectively, August 15, 1977, November 14, 1977, February 14, 1978, August 14, 1978.
and November 14, 1978. Further, the complaint charged that Heritage, as part of a
continuing course of conduct extending over several years, has failed to timely file
certain of its annual reports and quarterly reports required to have been filed with
the Commission. (SEC v. Heritage Enterprises, Inc., U.S.D.C. D.C., Civil Action No.
79-0300). (LR-8659)
A supplemental order has been issued giving interested persons until February 14 to
request a hearing on a post-effective amendment filed by Monongahela Power Company,
The Potomac Edison Company, and West Penn Power Company, each a subsidiary of Allegheny
Power System, Inc., seeking authorization to permit West Penn to issue up to $84
million of short-term notes and commercial paper outstanding at anyone time.
(ReI. 35-20905 - Jan. 30)
An order has been issued authorizing a proposal of Southwestern Electric Power Company,
subsidiary of Central and South West Corporation, that it acquire 242 rail cars.
(ReI. 35-20906 - Jan. 31)
The following stock exchanges have filed proposed rul~ changes pu~suant t~ Rule 19b-4:
The New York Stock Exchange, Inc. (SR-NYSE-78-69) to lmpose sanctlons agalnst,employees
of NYSE member firms and against NYSE approved persons who fail to paY,NYSE,flnes.
(ReI. 34-15543) and The Cincinnati Stock Exchange (SR-CSE-78-4) to reVlse vlrtually
all of its existing rules, regulations, by-laws, and articles of incorporation.
(Rel. 34-15544)
Publication of the above proposals are expected to be made in the Federal Register
during the week o~ February 5.
SECURITIES ACT REGISTRATIONS
The following registration statements have been filed with the SEC pursuant to the
Securities Act of 1933. The information noted below has been taken from the cover
page and the facing sheet of the prospectus and registration statement and will
appear as follows: Form; Name, address and phone number (if available) of the issuer
of the security; Title and the number or face amount of the securities being offered;
Name of the managing underwriter (if applicable); Whether the offering is a rights
offering; and File number and date filed.
(5-6) AMERICAN TAX-EXEMPT BOND TRUST, SERIES 32, 215 North Main St., West Bend, Wis. 5309
- 6,000 units. Depositor: B. C. Ziegler and Company. (File 2-63503 - Jan. 31)
(5-14) LINCOLN INTERNATIONAL CORPORATION, Suite 1, 120 Village Sq., Louisville, Ky. 40243
(502) 245-8814 - 123,228 shares of common stock. (File 2-63504 - Jan. 31)
(5-8) RALSTON PURINA COMPANY, Checkerboard Sq., St. Louis, Mo. 63188 (314) 982-2166
1,000,000 shares of common stock. (File 2-63505 - Jan. 31)
(S-8) JOHNSON & JOHNSON, 501 George St., New Brunswick, N.J. 08903 (201) 524-6461
73,367 shares of common stock. (File 2-63506 - Jan. 31)
REGISTRATIONS EFFECTIVE
NO'l'ETO DEALERS. When applicc:ble the 90-day period of time dealers are required
to use the prospectus is noteti above in parentheses after the name of the issuer.
As to the other issuers, there may be no such requirement to use a prospectus, or
the requirement may be for a period of only 40 days; see Section 4(3) of the Securi
ties Act of 1933 and Rule 174 (17 CFR 230.174) thereunder.
ACQUISITIONS OF SECURITIES
Companies and individuals must report to the Commission within 10 days on Schedule
13D if after the acquisition of equity securities of a public company their beneficial
interest therein exceeds 5%. Persons eligible to use the short form (Form 13-G) may
in lieu of filing a Schedule 13D file a Form 13-r, within forty-five days after the end
of the calendar year in which the person became subject to Section- 13(d) (1). The
following companies or individuals filed Schedule l3D's during the period January 22
- 25, 1979 The number of shares of the security which are beneficially
owned, and the number of shares concerning which there is a right to acquire are sent
forth for each beneficial owner. *Amended Acquisition Reports.
REPORTING COMPANY
OR INDIVIDUAL ISSUER & NUMBER OF SHARES DATE FILED
LTR Holding Corp. Bulova Vatch Co. Inc. (Jackson Heights, NY) 1-22-79
(Wholly-owned subsidiary Common Stock - 1,396,891 shs. (37.1%)
of Loews Corp.)
Joel Greenberg Compo Industries, Inc. (Valtham, MA) 1-22-79
Kaliber Partnership I Common Stock - 409,205 shs. (15.7%)
Charles Lubin
Milton Salstone
Bessemer Securities Corp New Hampshire Ball Bearings Inc. (Peterborough, NH) 1-22-79
Bessemer Trust Company, Trustee Common Stock - 44,000 shs.
and Co-Trustee
* Kohlberg, Kravis, Roberts & Co. ORICO (San Diego, CAl 1-22-79
Jerome Kohlberg Common Stock - 500,000 shs.
Henry R. Kravis Common Stock - 150,000 shs.
George R. Roberts on exercise of Warrants
Common Stock - 210,000 shs.
on conversion of Preferred Stock
3
NEWS DIGEST, February 1, 1979
ACQUISITION REPORTS CONT.
TN Delaware Inc. Great Atlantic & Pacific Tea Co. Inc.(Montvale, NJ) 1-24-79
(Wholly-owned subsidiary of Common Stock - 7,291,170 shs. (29%)
Tengelmann Warenhandels Common Stock - 3,124,787 shs.
gesellschaft (West Germany) on exercise of Options
Erivan Haub (West Germany) (Pursuant to Agreements the Group will acquire
Tengelmann Warenhandelsgesell above shares from certain selling shareholders.
schaft (West Germany) E. Raub owns 9,300 shares.)
* American General Insurance Co. Business Men's Assurance Co. (Kansas City, MO) 1-24-79
Common Stock - 558,000 shs.
* Viridian Investments, Ltd. Health Insurance of Vermont, Inc. (Burlington, VT) 1-24-79
TBK Partners, Ltd. Common Stock - 39,090 shs.
Tidewater Group, Inc. Atla National Investments Corp. (Atlanta, GA) 1-25-79
(Controlled by W. B. Collett) Class A Common Stock - 720,854 shs.
Class B Common Stock - 1,125,840 shs. (52%)
John A. Hartford Foundation, Great Atlantic & Pacific Tea Co. Inc. (Montvale, NJ) 1-25-79
Inc. Common Stock - 6,308,750 shs. (25.3%)
(Foundation has agreed to sell above shares to
TN Delaware, Inc. pursuant to an agreement.)
REPORTING COMPANY
OR INDIVIDUAL ISSUER & NUMBER OF SHARES DATE FILED
Sheriff Securities Corp. Apco Argentina, Inc. (Houston, TX) 1-15-79
Common Stock - 214,040 shs.
* Sheriff Securities Corp. Den-Tal-Ez, Inc. (W. Des Moines, IA) 1-15-79
Common Stock - 137,100 shs.
* Keystone Custodian Funds, Gibraltar Financial Corp. of California (Beverly Hills, 1-15-79
Inc., Trustee CAl
Common Stock - 745,628 shs.
* Sheriff Securities Corp. Rust Craft Greeting Cards, Inc. (Dedham, MA) 1-15-79
5t% Convertible Debentures - $964,000
* Keystone Custodian Funds, United Financial Corp. of California (Los Angeles, CAl 1-15-79
Inc., Trustee Common Stock - 364,900 shs.
Shufro, Rose & Ehrman American Water Works (Wilmington, DE) 1-19-79
Common Stock - 337,610 shs.
Shufro, Rose & Ehrman Brush Wellman, Inc. (Cleveland, OH) 1-19-79
Common Stock - 182,400 shs.
America West Corp. United States Equity & Mortgage Trust (Los Angeles, 1-19-79
M. W. Mylroie CAl
Vance W. Mylroie Shares of Beneficial Interest - 230,981
Earl C. Mylroie (Included above are shares owned by the wife of
E.C. Mylroie.)
* Shufro, Rose & Ehrman Mirro Aluminum Co. (Manitowoc, WI) 1-19-79
Common Stock - 195,451 shs.
Bunzl Pulp & Paper Ltd. American Filtrona Corp. (Richmond, VA) 1-22-79
(England) Common Stock - 462,242 shs. (20%)
Wisconsin Valley Trust Company Central Wisconsin Bankshares, Inc. (Wausau, WI) 1-22-79
Central Wisconsin Bankshares, Common Stock - 27,038 shs.
Inc., Parent
City National Bank Employees City National Corp. (Beverly Hills, CAl 1-22-79
Profit-Sharing Retirement Common Stock - 404,298 shs. (13.84%)
Plan
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Reference Section, Securities and Erchange Commiuion, Washington, D.C. 20549. The reproduction cost is 10e per
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and 30e per page plus poltage for priority .ervice overnight (15.00) minimum}. Cast estimates are given or request .
.411 other reference material is available in the SEC Docket.
«o TIC t:
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