Arizona Daily Star from Tucson, Arizona • Page 26

(Uir Arizona Dailn Star Tucson, Thursday, February 22, 1990 Page Eight Section MUTUAL FUNDS T.BILLS I COTTON Continued from Page6B NEW YORK (API-Cotton no. I tuturet on the N.Y. Cotton Exchange One mm Lea Seltk) die. NEW YORK (API-US Treasury Bins tor Due Bid Alt YM Scottsdale broker ordered to pay $900,000 to clients EUROPEAN CURRENCY IQMM MRS Mar Jun Sep Dec 112.10 121.00 120.00 119.00 COTTON 1 .10 .20 -1990- SMN few cantl per fc. Prefdp12.3 a Henear Fund: 6150 69.25 68.40 69.11 41 Bono ill y.w MuBd Fund ll.tf 23.70 17.71 37 if -yi Mav 70 05 71.06 69 95 70.98 .79 Jul 70 25 71.25 70 21 71.14 .77 Oct 6705 67 25 66 90 6710 Dec 6578 66.00 6545 6580 Mar 66.45 May 66.90 Jul 68.31 .18 tales 6,519.

open Int 34,450, off 1,195. saws i. open Nit 124 YR. TREASURY 810048 prtv Pti 4 tti 188 pel Mar 97.195 97.220 97.130 97.210 .020 Jun 97.190 97220 97.140 97.210 .020 Sep 97.210 .015 Dec 97210 .015 tales 824. Tuel open int 9,909, off 57.

III MARKETS AT A GLANCE TwrCap 12.01 12.51 TowrGv 10.05 10.S Traraamerfca: Gvlncp 8.24 1.4! GvSacp 7.98 8.3! Grin 9.65 10. InvQfp 1.54 1.9: Lowryp 9.66 10.1. SunMt 17.89 18.71 TF In 10.13 10.64 Techp 2027 21.28 TntsarnerlcaSpd: BIChpl 8.85 8.85 CvSect 9.55 9.55 EmoG 112.44 12.44 GloM unavall Gvlnct 9.51 9.51 HIYId 7.36 7.36 HYTFt 9.25 9.25 TreasFt unavall 2M Century: Ballnv 11.24 NL Gift 8.76 NL Grwth 16.19 NL Herlnv 7.07 NL LTBnd 89.14 NL Select 33.37 NL TxEIn 96.51 NL TxELT 96.61 NL Ultra 7.92 NL USGv 91.22 NL Vista 7.91 NL TvnNGI 11.52 12.13 USAA Graupt AgvGt 1505 NL Balan 10.96 NL Corns! 19.03 NL 7.01 6.13 6.21 6.26 550 5.58 7.54 7.50 7.63 7.54 7.50 7.64 7 56 7.53 748 7.60 7.S3 7.69 7.73 7.69 7.17 7.81 7.71 7.91 7.93 7 88 1.09 7.84 7.1! 803 7.17 7.14 8.08 7.84 7.11 1.06 7.80 7.78 1.04 7.79 7.75 1.02 7.75 7.72 1.00 7.77 7.7! 8.01 7.75 7.7! 8.02 7.76 7.7! 8.03 7.7! 7.69 1.01 7.82 7 71 112 7.82 7.71 8.14 7.82 7.71 115 7.81 7.78 8.16 7J1 7.78 1.18 7.81 7.71 1.19 7.78 7.75 8.17 7.80 7.75 1.18 7.75 7.7! 116 7.74 7.69 114 7.74 7.69 1,17 7.70 746 116 VHYS 11.48 NL VPref 8.14 NL VARP 18.51 NL Quant 13.17 NL STAR 11.60 NL TCInt 31.70 NL TCUsa 24.23 NL GNMA 9.47 NL HIYBd 7.11 NL IGBnd 7.92 NL ShrtTr 10.31 NL STGvt 9.66 NL USTr 9.34 NL ktxExt 12.91 NL Idx500 31.34 NL MuHY 10.06 NL Mulnt 12.02 NL MunLd 10.11 NL MuLg 10.33 NL MlnLg 11.45 NL MuShl 1536 NL Callns 10.03 NL NJIns 10.22 NL NYlns 9.55 NL Pennln 10.02 NL VSPE 1550 NL VSPGr 11.99 NL VSPHr 22.25 NL VSPSr 17.11 NL VSPTr 11.86 NL Wetsl 16J0 NL WeWn 16.82 NL Wndsr 12.73 NL Wnds II 14.13 NL Wldlnl 11.95 NL WWUS 943 NL 3-8 3-15 3-22 3- 29 4- 19 4- 26 5- 3 5-10 5-17 5-24 5- 31 6- 7 6-14 6-21 6- 28 7- 5 7-12 7-19 7- 26 8- 2 It 8-16 8- 30 9- 27 10- 25 11- 90 12- 20 -1991- 1-17 Wstwp 1041 n.oo Ralnftw 4.89 NL ReaGr 13.55 1423 RchTng 13.62 NL RMittme Graupt BlueCp 25.58 26.86 RT fp 31.17 NL GvScp 13.51 1418 Grth 23.07 2422 Redwstar Fds CnvGp 8.77 9.06 Grtttp 6.22 6.43 Munlp 16.28 16.96 Taxp 8.03 8.71 Rodney Square: BnUSp 8.04 1.42 Gwthp 11.19 12.62 kitlEqp 12.33 13.08 Reyce Fends: Incot 7.12 7.12 Vatut 8.13 1.13 TolRtt 448 4.41 Rinhmere Graupt AGas 11.43 NL Nova 9.45 NL SMP Id 13.71 NL OTC Id 10.99 NL USGLs 9.41 NL US Gov 9.53 NL TxFLg 10.10 NL TxFln 10.20 NL SBSF Cv 10.24 10.24 SBSFGr 15.49 15.49 SEI Funds: Bondp 9.68 NL CaoGr 9.83 NL LtVBd 9.79 NL ShtGvp 9.63 NL IntGv 9.44. NL Eqlnc 11.77 NL Eqldxpl200 NL PAMup 9.96 NL Vakip 10.57 NL CapA 11.59 NL SFT Graupt AstA 9.26 10.12 Erwir 12.57 13.23 Equltp 11.05 11.63 OddLt 20.86 NL USGvp 6.66 7.01 SPIFG Fds: DEAF 11.80 NL IntMuf 10.10 10.10 TIF I 11.15 NL Satece Secun CalTF 1111 NL (From The Associated Press) New York Stock Exchange 577 advances, 963 declines Most Active: Phil Morris 379 Vt Sales: 159,240,000 Index: 181.07 -0 30 Bonds: American Stack Exchange 199 advances, 355 declines Most Aclive: SalamonNikkle F93 wt "sales: 14,940,000 Index: 352.95 repay more than $900,000 to clients who made the loans and were fined $100,000. Meanwhile, 20 former Kotrozo stockbrokers and two outside investors purchased the assets of RL Kotrozo and will operate as West-America Investment Group said Tom Deinoce, president of the new firm.

Deinoce said the Kotrozos are not involved in the new company, but it will operate out of the former Kotrozo offices in Scottsdale and Sun City. RL Kotrozo's 45 employees will join WestAmerica either as owners or employees, he said. The WestAmerica investors paid off the $915,000 in promissory notes issued by the Kotrozos, said Deinoce, who was a stockbroker with the former company. PHOENIX (AP) An employee-owned investment company has risen from the ashes of RL Kotrozo a Scottsdale brokerage house whose founder was ordered yesterday to pay more than $1 million in restitution and fines for borrowing money from the firm's clients. Ray Kotrozo and his wife, Carol, had agreed in advance to the terms of an order approved yesterday by a 3-0 vote of the Arizona Corporation Commission, said Jon Poston, a commission spokesman.

Kotrozo is alleged to have used unsecured loans from clients to finance the firm's expansion. The clients never were told of the risk of making unsecured loans and were not provided information on the financial health of the company, according to the settlement. The Kotrozos were ordered to Lorn: Higher. Oats: Higher. Soybeans: Higher.

NASDAQ OTC 680 advances, 1317 declines Most aclive dollar value: MCI Comm 31- Most active volume: Tele Comma A 1414 NASDAQ sales: 120,102.500 NASDAQ composite: 421 52 -231 NMS composite: 18439 Volume statistics Shares advanced Shares declined NYSE 53,659,340 86,529,170 AMEX 4.838,760 NASDAQ 47,195400 raw janrav: Baton 9.40 t.7 Govt 04 IntlGv 93 10.01 MNTE 10.W 10.50 NalTE 10.0510.47 Sectro .53 93 VKP ii.2 12.42 PerMce rds: Bdldx 24.57 24 63 Eoldx 23.21 23.34 IncGr 19.14 NL SoGr 18.34 NL Price Fane CalTF 9.3 NL CepAp 10.51 NL Eqtlln 13.41 NL FEF 10.42 NL GNMA 9.11 NL Grwth 1525 NL Gthtnc 12.45 NL HIYW 1.24 NL Incom 1.33 NL IntlBd 1.91 NL WDU I 1447 NL IntlSlk MM NL MdTxF 9.41 NL NewA 15J1 NL NEra 21.42 NL Hon 11.65 NL NYTF 9.61 NL SclTc 10.12 NL ShTrB 490 NL SmCVI 1.97 NL TxFrl 162 NL TxFrH 11.3 NL TxFrSI 5 NL JrlmryT NL OvAdi 10.87 11.30 GvlPrf 0.07 9.29 IraTE 9.67 10.13 Bonds: 13,510,000 Chicago 744 7.63 116 7.66 7.63 120 2-14 Wheat: Higher. Source- Bloomberg LP. CA Bd 9.72 NL Gold 9.B5 NL 118.41118.41 CalMu 1555 16.37 CvFd 9.05 9.53 FdVal 5.81 6.12 GlbOp 26.35 27.74 HIYId 13.46 1417 LehCa 14.87 1565 Lehln 1558 16.40 MgdG 11.86 12.48 MMun 1494 15.73 MAMu 11.9612 59 NJMu 11.89 12.52 NYMu 16.03 16.87 PtcM 18.01 18.96 PrnRt 10.12 NL SmCa 13.43 1414 Shearsen Perls: Convtt 12.47 12.47 Olrvelf 12.20 12.20 Ovslnc 7.86 7.86 GlbBd 11191 15.91 GlbEqt 11.35 11.35 GvSect 8.89 8.89 GrOpr 115.91 15.91 Gwth I 12.98 12.98 INVG 10.60 10.60 Hllnc 10.67 10.67 IntGv I 11.23 11.23 Intl 18.29 18.29 MtgSct 10.64 10.64 MOPS 1 54.64 54.64 Ootln 12.92 12.92 PrcMt 115.95 15.95 Sectrt 10.91 10.91 SplEq 12.59 12.59 Stratg 1 15.51 15.51 TxExt 16.88 16.88 Utll 12.89 12.89 ShrmDp 8.98 8.98 Sigma Funds: Capltp 7.43 7.90 ISIGIh 6.67 7.10 ISITS 11.25 11.97 Incop 8.08 8.46 Invslp 9.65 10.27 PaTxp 12.19 12.76 Spclp 7.35 7.82 TxFBp 8.97 9.39 Trust 12.80 13.62 USGvp 11.54 12.08 ValShp 10.06 10.70 Ventp 7.80 8.30 Wrldp 14.05 14.95 SitNBG 30.80 30.80 SkvlBal 9.95 10.35 SkvSpE 11.17 11.62 Smith Barney: Equtyp 14.65 15.54 1 IncGro 12.0712.81 IncRet 9.28 9.40 MoGvt 12.0612.56 MuCal 11.46 11.94 MunNI 12.3212.83 MuNY 11.72 12.21 USGvt 12.94 13.48 SoGen 17.63 18.32 SoundSh 13.22 NL SAMSC 11.90 11.90 SAMVal 11.87 11.87 SthestGt 13.15 13.15 Sover In 12.16 12.80 SpPtStk 23.08 23.01 State Bend Grpt Com St 7.25 7.92 Divers 8.16 8.92 Progrs 10.6811.67 TaxEx 10.37 10.86 USGvp 4.85 5.11 St FarmFds: Balan 20.94 20.94 Gwth 1580 15.80 Muni 7.89 7.89 StStreet Reslc Exc 159.44159.44 Gwth 90.92 90.92 Invr 80.14 80.51 Sleadman Funds: Amlnd 1.95 NL Grwth Inco IncStk Intl TxEH TxElt 13.66 NL 11.32 NL 11.11 NL 11.69 NL 13.03 NL 11.89 NL KPOL-TV files for liquidation TxESh 10.41 NL OST Master Equity 13.2213.84 MITE 8.69 9.10 LTTE 1.90 9.32 Modln (.77 9.11 Venture Advisers: IncPt 6.26 6.S7 Munlt 9.62 NL NYVen 8.65 9.08 RPFBt 6.59 NL RPFE 121.21 NL VlkEqln 1U5 NL Vtvaaaur Fds: GrGvp 10.18 10.69 GrGsp 18.78 19.93 MNInt 10.25 10.54 MNTF 11.61 12.19 Wealth 6i5 6.55 5P 100 11.52 12.06 TEPrt 1.15 153 Learjet's chairman-CEO steps down 8.61 NL Eqult 9.63 NL Grwth 15.27 NL Genrt Gwth Inco AgGth 13.06 13.75 CapAc 16.83 17.72 Govt 10.41 10.94 Gwth 17.19 II S3 Ma nod 10.26 10 .30 19.24 NL 10.86 NL 8.92 NL 15.35 NL 15.11 NL 12.77 NL 913 NL Inco Indian Mull Munlc USGov SalmFI 9.84 9.84 SalemG 14.80 14.80 KPOL-TV, Channel 40, has filed a liquidation bankruptcy petition in U.S. Bankruptcy Court here. The petition was filed last Thursday.

It says JP Communications Inc. is an Arizona corporation doing business as KPOL-TV, 2475 N. Jackrab-bit Dr. David J. Polan is listed as president and Terri Polan as secretary, and Ralph Seefeldt as the attorney.

The petition lists $2.65 million in debts and assets of $35,000. The station stopped broadcasting last October because of financial problems. The closing idled 25 Accm 6.79 7.42 Bond 581 6.35 Con Inc 16.47 18.00 GkfGv 8.71 9.52 The independent station, which showed old movies and 1960s and 1970s televison series, had a negligible share of the Tucson viewing audience. KPOL's owners had previously said they spent more than $2 million to modernize their station, which opened in January 1985. The station had been selling 30-second advertising spots for $10 to $15, less than a 10th of what many of their competitors were charging.

Terri Polan declined to comment yesterday and telephone calls to David Polan and Seefeldt weren't returned. Weta Peck Green Tudor 21.41 NL WPG 20.94 NL Govt 9.93 NL Gwth 10545 NL WallSt 6.62 7.0! WefIRA-401K AstAI 13.31 NL Bond! 12.25 NL CpSlk 22.88 NL SmICo 11418 NL GvtSc IntGth 4.76 497 6.60 7.21 8.64 9.44 Hllnc Hllncll 3.71 4.05 Incom 17.90 19.56 Muni 6.83 7.13 STBdl 9.78 9.98 tntBd I 9.92 10.39 BdSPt 1MB 15 6 BasVI 19.0 19.98 ModVI 10.40 10.89 Midco 10.04 10.51 SITE 15.04 15.35 Westwd 1340 1406 Weed Strulhors: Neuw 11.02 NL Pine 11.93 NL WinGI 10.18 10.1 No 'simple solutions' to FDIC, chief says From staff and wire reports Bev Lancaster, Learjet chairman and chief executive officer, announced his retirement yesterday. The Wichita, company said its president, Brian Barents, would take on the two additional positions. Lancaster will be a company consultant for a year, the company said. Learjet likely will be sold soon, Lancaster said.

That makes it a good time to step aside and allow the management team that is going to be running the corporation negotiate the details of the sale, Lancaster said. Allen Paulson, chief executive officer of Gulfstream Aerospace announced plans earlier this month to buy Gulfstream from Chrysler Corp. for $825 million and to buy Learjet from Integrated Resources for $60 million, with financial backing from the Forstmann Little Co. investment banking firm in New York. A Learjet spokesman has described the two executive jet makers' product lines as "very com-'patible." Gulf stream's executive jets sell for about $22 million each, while Learjet's planes run from $3.8 million to $6.9 million.

Barents, 46, has been Learjet president nearly a year. He previously was vice president-sales staff at Toyota Motor Sales USA Inc. Before that, Barents spent more than 10 years with Cessna Aircraft Co. He was senior vice president in charge of Cessna's jet, turboprop and reciprocating engine product lines when he left in 1987. During the past 2 years, Lancaster has overseen consolidation of Learjet's manufacturing operations in Wichita, and pushed the company to profitability in 1988 and 1989, its first profitable years since 1983.

The 1988 consolidation cut the company's Tucson work force by about 300 jobs. Learjet retains 276 workers at a maintenance and modification plant at Tucson International Airport Assoc .71 Invest 1.16 Ocean 3.61 Stem Roe Fds: Cap Op 20.15 GvtPt 9.53 HYMu 11.70 Income 8.87 IntMu 10.48 ModBd 8.29 MgdM 8.67 PrimE 10.72 Wright Funds: GvOb 1140 11.60 JrBO ,1.83 ,1.83 NearB 10.11 10.11 QuICor 10.3510.35 SIBICh 14.0914.09 TolRet 11.4411.44 YamGIb unavall MunHI 493 515 NCcpt 4.89 5.34 Retire 6.02 6.58 ScEng 11.02 12.04 Vang 555 6.07 Ufa Services: GBT 16.18 NL GNMA 9.28 NL GlbRsr .72 NL GktShr 5.34 NL Grwth 7.03 NL Inco 12.29 NL LoCapr 5.55 NL NPror 1.42 NL RIEsI 8.41 NL USTF 11.17 NL USBosF 11.43 11.43 USBosG 13.73 13.73 ValFrg 9.54 NL Value Una Fd: Aggrln 6.91 NL Conv 10.82 NL Fund 13.95 NL Incom 6.34 NL LevGt 21.26 NL MuBd 10.21 NL NY TE 9.63 NL Sol Sit 13.06 NL USGvt 11.70 NL VanEdt: GklRs 5.42 581 Inllnv 16.49 18.02 Wldln 9.50 10.08 WMTrp 14.15 15.01 VAnKftmpwi Mtn CATFp 15.46 16.26 Gwthp 16.02 16.85 HIYId 10.01 10.53 InTFp 17.61 18.52 PATF 15.60 16.40 TxFHp 16.28 17.12 USGvp 14.88 15.65 Vance Exchange: CapE 107.84 107.14 DBst 61.21 61.21 Dlvr 119.47119.47 ExFd 1744217462 ExBo 148.02 148.02 FldE 97.12 97.12 SeFid 92.55 92.55 It BO 10.96 ILK PruSpcp 6.09 NL Prvdmw Badie: CalMull0.74 10.74 Equtl 11.24 11.24 Eqlnc 1 10.47 10.47 FIAo I 10.01 10.01 FICnt 9.78 9.71 GNMA 114.50 1450 GloW 10.27 10.27 GloGn 112.25 12.25 GlbRll 10.60 10.60 GvPI unavall GvtScp 9.68 9.61 GtOpI 12.80 1280 HIYtdt 8.04 8.04 InVer I 10.65 10.65 MuAzI 10.93 10.93 MuGat 11.22 11.22 MuHIt 10.56 10.56 Muln 10 46 10.46 MuMd 110.44 10.44 MuMall0.63 10.63 MuMnl 11.11 11.11 MuMIt 10.93 10.93 MuMTt 10.17 10.17 MuNC 110.60 10.60 MuNJ 1 10.24 10.24 MuNY! 10.74 10.74 MuOrt 11.02 11.02 MuOtl 1 10.81 10.81 MuPal 9.78 9.78 NtMu 14.87 14.87 OptGt 8.92 8.92 Resflt 1431 14.31 Struct 11.48 11.87 USGvt 9.06 9.06 Utll 17.09 17.09 Putnam Funds: CCArp 34.55 35.44 CCD 39.89 40.91 CalTx 7.82 8.21 CaPrsp 11.38 11.95 Conv 1504 15.96 Dvrln 1U5 11.81 EngRs 17.5411.61 GNMp 9.93 10.43 Goto 12.79 13.57 GtotXo 1513 15.88 Grolnc 11.8212.54 Health 19.86 21.07 Hllnc 9.65 10.351 HI Yld 11.20 12.01 HYdll 8.43 9.04 Incom 6.56 6.89 InfoSc 17.94 19.03 IntEq 7.51 7.97 Invest 7.94 8.42 MaTxt 12.00 12.00 MiTxt 12.38 12.38 MnTxt 12.23 12.23 NYTx 1.39 8.81 OtlTxt 12.22 12.22 OTCEp 7.25 7.69 Optn 7.92 8.49 Optnll 8.40 9.01 PATE 8.34 8.76 Tax Ex 8.51 1.93 TFHYI13.92 13.92 TFHI 8.48 8.90 TFIns 14.05 14.05 USGtd 13.54 14.22 Vista 6.22 6.60 Vovag 7.24 7.61 QuestGv 11.21 11.86 QuestFd 26.11 27.63 RNC Group: CvScp 8.72 9.15 Rgcyp 13.91 14.60 Sped 17.60 NL Stock 17.63 NL TotRet 22.80 NL 5cwew 11.05 n.51 Schrodr 7.52 7.52 Schrodfp 18.42 18.42 Scuddar Funds: CalTx 10.32 NL CapGt 17.83 NL Devel 21.41 NL Eqtvlfl 11.88 NL GkW 18.99 NL GNMA 14.22 NL Gold 12.32 NL Grwln 13.20 NL Incom 12.68 NL IntlBd 11.81 NL Intl Fd 36.98 NL MMB 8.40 NL MA Tx 12.30 NC NYTax 10.64 NL OHTax 11.97 NL ST Bond 11.58 NL TxFHI 11.19 NL TxFr90 10.05 NL TxFrW 10.59 NL TxFrte 10.82 NL Zrl995 11.20 NL ZrtOOO 11.73 NL Seaglnt 10.12 10.12 Security Fundi: Action 8.23 Bondp 7.26 7.62 Eoutv 519 567 Invest 7.92 8.66 OmnlFd 2.412.63 Ultra 6.47 7.07 Selected Funds: AmSh 12.52 NL GovTR 8.98 NL SplShp 18.86 NL laaoman Graupt CapFd 11.46 12.03 ColoTx 7.06 7.41 CmStk 11.71 12.29 Comun 10.0910.59 FLTax 7.06 7.41 Growth 4.62 4.85 Inco 12.23 12.84 LaTx 7.85 8.24 MassTx 7.537.91 MdTx 7.64 8.02 MIChTx 1.05 8.45 MlnnTx 7.628.00 MOTx 7.28 7.64 NatlTx 7.67 8.05 NJTEp 7.12 7.48 NYTax 7.61 7.99 OtlioTx 7.75 8.14 OrTE 7.06 7.41 PaTEp 7.54 7.92 CaTax 6.29 6.59 CaTxQ 6.31 6.68 SCTE 7.40 7.77 GvGtdp 6.76 7.10 HYdBp 6.05 6.35 MlpScp 6.38 6.70 Sentinel Group: Balan 12.75 13.93 Bond 6.02 6.58 Com 24.01 26.24 GvSect 9.33 10.20 Grwth 13.61 14.17 Sequoia 43.69 NL Sentry 12.22 13.28 Shearsen Funds: AgrGr 17.12 18.02 Aprec 8.16 8.59 ATTG 7.68 8.08 ATln WASHINGTON (AP) A top bank regulator urged Congress yesterday to exercise great care in reforming deposit insurance, warning that many proposals could hurt the nation's financial system. William Seidman, chairman of the Federal Deposit Insurance said attempts to inject more market discipline into the banking system will involve trade-offs, including greater financial instability and reduced consumer protection. "Any simple solutions could be counterproductive perhaps doing more harm than good," he told the House Banking Committee. The hearing, which included testimony from Charles A.

Bowsher, General Accounting Office director, was the opening shot in what promises to be the most explosive financial industry question before Congress in the next few years. Many private analysts believe deposit insurance helped encourage the risky behavior that led to mammoth savings and loan losses. But Congress refused to handle the issue in last year's bailout bill and ordered Bowsher's agency and the Treasury Department to study the matter and make recommendations by next February. Bowsher gave little hint of the GAO's ultimate stance, but urged legislators not to lose sight of the benefits of the system. "Deposit insurance deserves much of the credit for the fact that there was no serious loss of confidence" in the banking system during the 1970s and 1980s when "the nation experienced oil shocks, inflation, the worst recession since the Great Depression (and) a stock market crash," he said.

On other matters, Seidman said the FDIC was investigating whether it had the authority to curb so-called "golden parachute" contracts that provide bank and executives with lucrative severance benefits if their institutions fail. Perversely, sometimes executives benefit more from their institutions' failure than its success, he said. Texas Air sells its prized reservation system to GM Zwetg Funds: ZSBC 11.81 12.50 Bondp 10.50 11.05 ZSCVP 8.89 9.41 ZSTEp 10.46 11.07 ZSGvp 9.34 9.83 ZSLdp 9.49 9.99 ZST Op 10.64 11.26 Strat 10.75 11.38 ZS 10.35 10.95 TFLtd 10.24 10.40 TFLgp MS 9.77 Here Is the explanation of the footnotes for the mutual funds list: Ex capital gains distribution. Stock dividend or split. Ex cash dividend.

Previous day's quote. (NU-No front-end toad or contingent deterred sales load, Fund assets are used tp pay for distribution costs 12(b)(1) plan, Redemption feeor contingent deferred sales load may apply. Both and r. system, Texas Air Chairman Frank Lorenzo said in New York. Strategic Funds: Gold 4.60 5.03 Invst 4.49 4.91 Sllvr 536 586 StratDv 24.48 NL StratGth 19.00 NL Strang Funds: Advtg 9.76 NL Dlscov 12.63)2.89 GovSc 10.04 NL Inco 9.87 NL Invst 18.08 18.26 MunBd Ml NL OpptY 1830 18.67 ST Bd 9.50 NL Total 16.64 16.81 Tempteton Group: Frgn 23.43 25.61 Global 7.64 8.35 Grwth 14.94 16.33 Inco 9.63 10.08 RIEst 9.56 10.45 World 15.08 16.48 Thomson McKan CvSect 9.53 9.53 Glball 11.63 11.63 Gwtht 16.99 16.99 Incot 8.74 8.74 Oport 12.87 12.87 PrcMt 11.21 11.21 TxExt 11.13 11.13 USGvt 9.17 9.17 TlMf Mbui'g Fds: LtdCal 12.14 1241 LtdGvp 11.88 12.1! LldMup 12.75 13.11 NEW YORK (AP) Texas Air the nation's largest airline company, has agreed to sell half its prized computer reservation system for $250 million to General Motors the companies said yesterday.

The deal with GM unit Electronic Data Systems Corp. marks the first time a non-airline company has participated in an airline reservation Lorenzo denied suggestions that the partial sale of System One, under discussion since September, was intended to help bail out financially struggling Texas Air or to ease' Graupt 11.27 NL 9.15 NL 9.11 NL 12.11 NL Vanguard AssetA BdMkl Convrt Eqlnc Explr Explll Morg Prmcp SmCap pressure caused by the strike and bankruptcy proceeding at its Eastern Airlines subsidiary. 26 98 NL 19.74 NL 1108 NL 48.47 NL 31.09 NL LEGAL NOTICE LEGAL NOTICE LEGAL NOTICE ceedlng without further notice. claims that the work has not been performed accord ing TO me conrrocT in a gooa suosTomiai manner, or maklna anv oblections to the correctness or leaalltv sivun j. anieius, uirecror Publish no later than March 5, 1W0.

Cnoles of the nrooased rule mav he obtained from of the proceedings or claiming thot the said assessment or any part thereof should be modified, may at ony time prior to the time fixed for said hearing file the Arizona Commission of Agriculture ond Horticulture, 1688 West Adams, Room 421, Phoenix, Arizona 85007. Publish February 21 1990 The Arizona Dolly Star wim me ury uerk ot me utv ot lucson wrnren notice briefly specifying the grounds of his objections. At the time fixed for said hearing, or ot such time or times not later than ten days thereafter, to which LEGAL ADVERTISEMENT NOTICE IS HEREBY GIVEN that the Arizona Depart- Take care of business with a professional presentation system or your competition will. mem or AuminisTranon win receive seaiea Dias ror material, transDortatlon, and services reaulred for the sola hearing may be posrponea tne Mayor ana council of the City of Tucson will hear ond pass upon all objections so made and filed. All decisions and determinations of the said Mdvor ond Council upon the hearing aforesaid will be final ond conclusive as to ail errors.

Informalities or Irregularities which said Mayor and Council might hove remedied or avoided at any time during the progress of the proceedings. building renewal work on various buildings located at the Phoenix Doy School for the Deaf, Phoenix, AZ and the State School for the Deaf and the Blind, Tucson, AZ. (These are two seporate projects). The drawings and speciflctlons for both protects win be available February 23, 1990, and may be obtained at the office of the architect, CNWC, 450 YV. Paseo Keaonao, suite 130, Tucson, AZ 85701.

contractors may obtain copies of both sets of documents upon 1 ne wavor ana council nave aensrminea mux improvement bonds shall be Issued to represent the cost ond expenses of such work or Improvement and notice Is hereby given that such bonds shall be Issued under the provisions of Title 48, Chapter 4, Article 2, Arizona Revised Statutes, ond amendments and sup- glements thereto, In the nome of the City of Tucson, ut payable only out of 0 special fund collected in ten (10) annual Installments from the assessments of twenty-five dollars (S25.00) or over, rernaininy unpaid eposiT or s3.uu eacn. ueposirs snail De reiumea IT documents are returned within seven calendar davs of the bid opening and In useable condlTlon. Deposit checks shall be mode payable to CNWC Architects. In oodftlon, copies of drawings and specifications wlfl loe on file In me office of the loco! plans services In ui Tne uuie inc auiu uunuj miuii utv. Interest at a rate vMch shall not exceed fourteen percent (14) psr annum, payable on the first day 01' January and July of eoch year.

This notice Is published In accordance with Resolution No. 15196, of the Mayor ond Council of the City of Tucson, passed on the 12th day of February, 1990. ARTICLES OF INCORPORATION OF BIOREMEDIATION, Inc ARTICLE I The name of the corporation shall be BIOREMEDIATION, Inc ARTICLE It PURPOSE: The purposes for which this corporation Is organized is the transaction of any and all lawful business tor which a corporation may be Incorporated under the laws of the State of Arizona as They may be amended from time to time. ARTICLE III INITIAL BUSINESS: The corporation Inrtlally Intends to engage In the business of Remediation of contaminated soils bv biological processes with Its principal office situated at 5541 Clrculo Terra Tucson, Arizona 85715. ARTICLE IV BOARD OF DIRECTORS ANO INCORPORATORS: The Initio! Board of Directors shall consist of the Directors who are the incorporators.

The names and post office addresses of the Incorporators and the persons who are to serve as directors until me first annual meeting of the Stockholders, or until their successors ore elected and qualified, are: Netty S. Buras, 5541 Clrculo Terra Tucson, AZ 85715; Nathan Buras, 5541 Clrculo Terra Tucson, AZ 85715. ARTICLE NUMBER OF DIRECTORS: The number of persons to serve on the Board of Directors shall be fixed by the Bylaws, but In no cose shall the number be less thon two (2) or more than three (3). The Directors need not be StocKholoers of the Corporation unless so required by the Bylaws. The Board of Directors shotl be elected by the Stockholders at their annual meeting to be held on the first Tuesday of January each year, or such other day as the Bylaws may provide, and shall hold office until tttelr successors are respectively elected and qualified.

The Bylaws shall specify the number of directors necessary to constitute a quorum. The Board of Directors may, by resolution or resolutions passed by a molorlty of the whole board, designate one or more committees which to the extent provided in said resolution or resolutions or In the Bylaws shall have and may exercise all powers of the Board of Directors on me morragement of the activities and offolrs of the corporation and may have power to authorize the seal of the corporation to be fixed to all papers which may require It; ond such committee or committees shotl have such name or names os may be stated on the Bylaws of the corporation or as may be determined from time to time 6v resolution adopted by the Board of Directors. The Board of Directors may elect such officers as the Bylaws may specify, who shall, subject to the provisions of the Statutes, have such titles ond exercise such duties as the Bylaws may provide. The Board of Directors Is expressly authorized to make, olter or repeal The Bylaws of this corporation or any article therein. ARTICLE VI PRIVATE PROPERTY: The private property of the Stockholders, Directors, Officers, empiovees ondor Agents of the corporation shotl be forever exempt from all corporate aebts of any kind whatsoever.

ARTICLE VII INDEMNIFICATION OF OFFICERS AND DIRECTORS: The corporation shotl Indemnify every Director ond Officer, or his or her heirs, executors ond administrators ogainst expenses reasonably Incurred by him or her in connection with any octlon, suit or proceeding tn which he or she mav be a oarrv bv reason of his suonoxj i uervtenr City Clerk Publish: February 19, 20, 21, 22, 23, 1990. The Arizona Daily Star SUB-BIDS REQUESTED FOR: SOLICITATION SDAEA18-9O-RO002 Job Order Contract iJOC) At Fort Huachuca. U.S. Armv Reserve Center at Macintosh Hex Phoenix, U.S. Army Center at Douglas and U.S.

Army Reserve Center at Tucson. For detolls ond scope of work contort Frolser Mortln -noenix ana lucson: Dodge VcGraw-Hill Information Services Company 1715 West Northern Avenue, Suite 102 Phoenix. AZ 85021 Contructlon News West 2050 E. University, Ste. 3 Phoenix, AZ 85032 F.w.

Dodge McGrdw-HIII Information Services Company 220 S. Plumer Tucson, AZ 85717 Shirley Plan Service 425 S. Plumer Tucson, AZ 85719 Pre-bld meetings for all work wl'l be held ot the following locations: (1) 10:00 am, Wednesday, March 7, 1990 in the Student Union of the Phoenix bay School for the Deaf. All attenaers to check at the Administration Building. (2) 10:00 am Thursday, March 8, 1990 In the basement of Russell Student Center ot the State School In Tucson.

Park In Lot No. 1 ond check in at the Administration Building. Each bid shall be mode on a form to be obtained with the blading documents ond shall be accompanied by a Certified or Cashier check or Bid Bond for ten (10) percent of the amount of the bid. Requests for approval at ottemative products as substitutions for materials which moy appear to be proprietory ore requested and encouraged. Submittals will be received In the Tucson office of the architect until 5:00 p.m., MST, March 12, 1990.

Approved alternative products will be published In an addendum available at the office of the architect no later than 6 davs prior to the bid. Address bids to Steven J. Conner, Manoger, Facilities Design and Construction, Room 126, 1700 W. Washington, Phoenix, AZ 85007. Bids tor the Phoenix work must be received at that address on or before 1:00 p.m.

MST, Tuesday, Morch 20, 1990. Bids will be opened and read publicly shortly thereafter. Bids for the Tucson work must be received at that address on or before 2:00 p.m. MST, Tuesday, March 20, 1990. Bids will be opened and read publicly shortly thereafter.

No bidder may withdraw his Bid Proposal within 90 davs after octuol dote of ooenfna thereof. at RG contractors, Inc, P.O. Box 7MW, Anchor-oqe, AK 99521; (907) 258-2647. Fax: (907) 258-5707. Interested participants should forward a brief company resume no later thon Morch 2, 1990.

We specifically request sub-bids from MBEWBE Firms Advonce scope sheets win be appreciated. Publish February 16, 17, 18, 19, 20, 21, 22, 21 24, 25, 1990. The Arizona Daily Star 885017 (002) TUCSON UNIFIED SCHOOL DISTRICT NO. ONE NOTICE OF REQUEST FOR PROPOSALS RFOIIFCT FDR PROPOSAL NO. 5253 And now, for a limited time, when you buy the hardware, well buy the software! sentations on both paper and transparencies.

And, with the HP Color Printkit, PaintJet puts 16.8 million colors right at your fingertips. or her being, or having been, a Director or Officer of the corporation except in relation to matters as to Notice Is hereby given thot the Purchasing Agent of Tucson Unified School District No. One, Pima County, Arizona wIN receive up to but not later than 3:00 P.M. local time of the 6th day of March, 1990 sealed proposals for Engine Anovlzer. Specifications for proposal may be obtained from the Tucson Unified School District Purchasing Deportment, 1010 E.

10th Street, (Fremont Street Entrancel, Second Floor, Tucson, Arizona phone 882-2406. Such proposals shall be opened publicly In the Tucson Unified School District Purchasing Deportment promptly after 3:00 P.M toco! time of the 6th day of March, 1990. The nome of eoch offeror ond other relevant Information as necessary shoH be publicly read. The Governing Board reserves the right to reiect any or oil proposals or ony part thereof. If the school district determines that the rejection Is In the public Interest.

The proposals shall be open for public Inspection after controct award. The Governing Board ot Tucson Unified School District, Pima County bv Richard McCor-kle, Purchasing Agent. Publish February 22, 1990 Arizona Daily Star; Tucson Citizen which he or she shan be nnaiiy aa uagea in such action, suit or proceeding to be liable for negligence or misconduct. In the event of a settlement, Indemnt- firaton shaH be orovHiea only connection wim Attention of Bidders Is directed to the Liquidated Domoges Provision applicable to this protect. Owner reserves right to waive any Informottty of Irreaukrltv In anv Sid Prooosaf received.

Owner atan 3 Auduuol tealer And, there's never been a more opportune time to bring your professional communication capabilities into the nineties. That's because such matters covered by the settlement as to which corporation Is odvised by counsel that the person to be Indemnified did not commit such breach of outv. This right of Indemnification shod not be exclusive of other rights to which he or she may be entitled. As used this Article, expenses shotl Include nrrvujnH of iudoements. rjenartles or fines rendered or reserves right to reiect any or all Bid Proposals, to reiect a Bio Proposal if a bidder tolls to submit data required by Bidding documents, or to reiect a Bid Proposal If It is Incomplete or Irregular.

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Ifs often been said if you want something done right, do it yourself. And a quality presentation system frees you from having to rely on outside services to get the job done. For example, the Macintosh Ilex offers you high-performance, expandability and flexibility. With its small foot- levied against such officer or director ond the nmmmK nntrt settlement bv mm or her sum settlement shall have been approved by the Board of Directors or me APfTAL STOCK: ruDiisn rearuory u. ana warcn 1, ivvu The Arizona Daily Star PUBLIC NOTICE The corporation shoe have the authority to Issue 10)000 Shares of Common Stock, each share to hove No Par Value.

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free Aldus software for a limited time! We make it our business to find solutions to your communications needs. BOULEVARD TO BROADWAY BOULEVARD DISTRICT PAVING IMPROVEMENT." Pursuant to the provisions of Title 48, Chapter 4, Article 2. Arizona Revised Statutes, and amendments ond supplements thereto, public notice ts hereby alven Fruits of the Desert odoress of the mttioJ statutory Agent tor me corporation is: Netty S. Buras, 5541 OraJo Terra Tucson, AZ pnnt, its ideal for a 457,5 ARTICLE YEAR: The fiscal veor of It that the SuperinTendent of Streets of the City of Tuc shall be from January 1 to December 31 of eoch HEWLETT variety ot computing PACKARD solutions. Couple it with son 010 on me izm oay or heoruory, iwo, notiry the Mav or ond Council thot she hod recorded the assessment and warrant for the "Camlno Seca Speedway Boulevard to Broadway Boulevard District Paving Improvement," the City ot Tucson, being the wort Initiated bv Resolution No.

14297 of the resolutions of In witness have set our hands ins Prickly pears 4th day of uecemoer, tvev. sNeY Buras aNOWLEDGEMENT STATE OF ARIZONA COUNTY OF PIMA Authorized Dealer Hewlett-Packard's affordable PaintJet Color Graphics printer, and youll have the capacity to quickly turn your ideas into effective color pre- the Mayor ond Council of the City of Tucson, on me In the Office of the City Clerk of the City of Tucson, and performed under Street Confroct No. 2220 on file In the office of the Superintendent of Streets of the Cltv of Tucson to which said resolution and street ON THIS 4 day of December, lew, before me, the undersigned Notary Public personoKy appeared Netty norm and Nathan Buras known to me to be the per confroct reference Is hereby mode for a more particular description of sold work, ond that sold Mayor and Council of the City of Tucson hove fixed the time ond place for hearing ond passing on the sold assessment and proceedings theretofore hod ond token ot sons whose names ore subscribed to the foregoing Articles of Ircorporatton and acknowledge thot they execute the same for the purposes therein fuu ooocx p.m. on me ivm oay or warcn, iwu, or the Council Chamber mtheCiryHatinsatdClryof Tucson. This cookbook tells what you'd like to know about figs, citrus, grapes, prickly pears and many other fruits of the Sonoran Desert.

By Sandal English, award-winning food columnist of The Arizona Daily Star. Hardcover, soft-cover, $8.95, at Star offices or book, department and houseware stores. By mail, order from Sandal English, co The Star, Box 26807, Tucson 85726. Hardcover, $17; softcover, $10.50. IN WITNESS WMFREOF, I hereunto set my hand ond mM steotorv PuMc My commission expires: 31-f0 Putxisn February ivw The Arizona Dotty Star LEGAL NOTICE Of Pll at HEARING The Bis, portions of lots, ondor pieces or parcels of land in sold City of Tucson which hove been assessed to pay for sold improvement ore fulty described the assessment so recordea ond the assessment 010- on nie In the office of the Superirttenaent of treets.

10 which sold assessment ond diogrom reference is hereby mode for more particular description thereof; of sold tots, portions of lots ondor Notice Is hereby given that the Arizona Commission of Agriculture ond Horticulture, pursuant to statutory outhTrTfv or j-tci proposes io reoeat Kj-eao, oaro- pieces or parcels of lona being wtmm the present boundaries of the City of Tucson. Said tots, portions of lots ondor pieces or parcels of land ore numbered gus Aphid, because the Asoaragus AoMd has become so widesoreoa it is no longer econormcoty feasible to THE BUSINESS CONNECTION 5616 E. Broadway Tucson, Az 745-0744 consecutivety, the area square feet thereof, ond the relative location thereof to the sold Improvement ore quorormne soecmc areas. Notice is iwmv otven that anv oerson mav utesent oral or written testimony relevant to this proposed ocon at the org) proceeexng to be hed at S'att Buwsng, Room 421, West Adams, Phoenix. mown on me oiogrom ror sow work or wnotuveiiiein on file the oice of the Superintendent of Streets Anv owner, the contractor or his assigns, or any other oerson ovectiy interested sad work, or the assessment for the cost ond expenses of the some, having any obiechon to the assessment or any previous proceedings connected therewith, or who Arizona, on Aar S.

199a at KrOD am. The Anzono Commission of Agriculture ond Herticut- lure, on ns own morion, moy nwevw www mi above proposed run pursuant to the rule making pro-.