Notice To Members 85-8

NASDAQ National Market System Grows to 1,378 Securities With 100 Voluntary Additions on February 5, 1985 and Four Mandatory Inclusions on February 12, 1985

Published Date:

January 23, 1985

TO: All NASD Members and Level 2 and Level 3 Subscribers

On Tuesday, February 5, 1985, 100 issues are scheduled to join the NASDAQ National Market System bringing the total number of issues in NASDAQ/NMS to 1,374. These 100 issues, which will begin trading under real-time trade reporting, are entering the NASDAQ/NMS pursuant to the Securities and Exchange Commission's criteria for voluntary designation.

The 100 issues scheduled to join NASDAQ/NMS on Tuesday, February 5, 1985, are:

Symbol	Company Name	Location
AECE	AEC, Inc.	Elk Grove Village, IL
ATEL	Advanced Telecommunications Corporation	Houston, TX
AORGB	Allen Organ Company Class B	Macungie, PA
AFUR	American Furniture Company, Incorporated	Martinsville, VA
AIFC	American Indemnity Financial Corporation	Galveston, TX
AMLT	Armel, Inc.	Fort Lauderdale, FL
AROW	Arrow Bank Corp.	Glens Falls, NY
ATRO	Astronics Corporation	Orchard Park, NY
AGLT	Atlanta Gas Light Company	Atlanta, GA
BTEK	Baltek Corporation	North vale, NJ
BDEP	Banco De Ponce	San Juan, PR
GRAN	Bank of Granite	Granite Falls, NC
BKSO	Bank South Corporation	Atlanta, GA
BGAS	Berkshire Gas Company (The)	Pittsfield, MA
BLAS	Blasius Industries, Inc.	Lyndhurst, NJ
BUTC	John O. Butler Company	Chicago, IL
CNRD	Canrad-Hanovia, Inc.	Newark, NJ
CENT	Centuri, Inc.	Hialeah, FL
CHZC	Charvoz-Carsen Corporation	Fairfield, NJ
CMFB	Chemical Fabrics Corporation	North Bennington, V
CITS	Citizens and Southern Corporation (The)	Columbia, SC
CITGS	Citizens Growth Properties	Jackson, MS
CNET	Computer Network Corporation	Washington, D.C.
CTWS	Connecticut Water Service, Inc.	Clinton, CT
CONF	Continental Federal Savings and Loan Association	Oklahoma City, OK
COUS	Cousins Properties Incorporated	Atlanta, GA
CYPSA	Cypress Savings Association Class A	Plantation, FL
CYPSW	Cypress Savings Association Warrants	Plantation, FL
DGAS	Delta Natural Gas Company, Inc.	Winchester, KY
DRWN	Drew National Corporation	White Plains, NY
EMFC	EMF Corporation	Redmond, WA
EASTS	Eastover Corporation	Jackson, MS
EDSE	Edison Sault Electric Company	Sault Ste. Marie, MI
EWAT	Elizabethtown Water Company	Elizabeth, NJ
ERIE	Erie Lackawanna Inc.	Cleveland, OH
FEBC	First Eastern Corp.	Wilkes-Barre, PA
FTIL	First Illinois Corporation	Evanston, IL
FIBK	First Interstate Bank of Alaska	Anchorage, AK
FMWC	First Midwest Corporation	Minneapolis, MN
GCER	General Ceramics Inc.	Haskell, NJ
GPHY	General Physics Corporation	Columbia, MD
GBFH	Georgia Bonded Fibers, Inc.	Newark, NJ
GDFY	Godfrey Company	Waukesha, WI
GRCO	Gradco Systems, Inc.	Santa Ana, CA
GRCM	Gray and Company Public Communications International, Inc.	Washington, D.C.
GRIF	Griffin Technology Incorporated	Victor, NY
INBC	Independence Bancorp, Inc.	Perkasie, PA
ISLA	Investors Savings and Loan Association	Richmond, VA
JHSN	Johnson Electronics, Inc.	Casselberry, FL
KTII	K-Tron International, Inc.	Scottsdale, AZ
LOND	London House, Inc.	Park Ridge, IL
MANH	Manufactured Homes, Inc.	Winston-Salem, NC
MKIV	Mark IV Industries, Inc.	Williamsville, NY
MAYS	J. W. Mays, Inc.	Brooklyn, NY.
MGCO	Medicare-Glaser Corporation	St. Louis, MO
MERY	Merry Land & Investment Company, Inc.	Augusta, GA
NSCB	NBSC Corporation	Sumter, SC
NAFC	Nash-Finch Company	St. Louis Park, MN
NCBR	National Community Bank of New Jersey	Rutherford, NJ
NAPE	National Properties Corporation	Des Moines, IA
NOBLF	Nobel Insurance Limited	Hamilton, Bermuda
NVCO	Nodaway Valley Co.	Clarinda, IA
NOLD	Noland Company	Newport News, VA
NWTL	Northwest Teleproductions, Inc.	Minneapolis, MN
NWES	Norwesco, Inc.	Minneapolis, MN
PGAM	Pacific Gamble Robinson Co.	Kirkland, WA
PKWY	Parkway Company (The)	Jackson, MS
PRLX	Parlex Corporation	Methuen, MA
PVIR	Penn Virginia Corporation	Philadelphia, PA
PHOC	Photo Control Corporation	Minneapolis, MN
PVDC	Princeville Development Corporation	Denver, CO
PRGR	ProGroup, Inc.	Chattanooga, TN
PROT	Protective Corporation	Birmingham, AL
PSNC	Public Service Company of North Carolina, Incorporated	Gastonia, NC
RKWD	Rockwood Holding Company	Somerset, PA
RPCH	Rospatch Corporation	Grand Rapids, MI
ROWE	Rowe Furniture Corporation	Salem, VA
SANT	Santa Monica Bank	Santa Monica, CA
SINC	Seal Incorporated	Naugatuck, CT
SAFE	Security American Financial Enterprises, Inc.	Minneapolis, MN
SNSTA	Sonesta International Hotels Corporation Class A	Boston, MA
SALI	Suburban Airlines, Inc.	Reading, PA
SFSI	Sunwest Financial Services, Inc.	Albuquerque, NM
TLSC	TLS, Co.	Cedar Rapids, IA
TSRI	TSR, Inc.	Hauppauge, NY
TCCO	Technical Communications Corporation	Concord, MA
TEQT	Technical Equities Corporation	San Jose, CA
TLMT	Telemation Inc.	Salt Lake City, UT
TRIN	Trans-Industries, Inc.	Waterford, MI
BNKS	United New Mexico Financial Corporation	Albuquerque, NM
VALN	Vallen Corporation	Houston, TX
VALF	Valley Forge Corporation	Bridgeton, MO
VICT	Victoria Bankshares, Inc.	Victoria, TX
WEDGS	Wedgestone Realty Investors Trust	Newton, MA
WEIS	Weisfield's, Inc.	Seattle, WA
WSTS	Western States Life Insurance Company	Fargo, ND
WWWM	W. W. Williams Company	Columbus, OH
WMSI	Williams Industries, Incorporated	Falls Church, VA
WLTN	Wilton Enterprises, Inc.	Woodridge, IL
YFED	York Federal Savings and Loan Association	York, PA

Additionally, the following four securities will enter the NASDAQ/NMS under the mandatory Tier 1 criteria on February 12, 1985:

Symbol	Company Name	Location
CRZY	Crazy Eddie, Inc.	Brooklyn, NY
DLIT	D'Lites of America, Inc.	Norcross, GA
FAHS	Farm and Home Savings Association	Nevada, MO
PASB	Perpetual American Bank, F.S.B.	Alexandria, VA

The following changes to the list of NASDAQ/NMS securities occurred since January 8, 1985.

NASDAQ/NMS Deletions

Symbol	Security Name	Date
COAT	Burlington Coat Factory Warehouse Corporation	01/09/85
ENDLW	Endo-Lase, Inc. Warrants	01/17/85

Any questions regarding this notice should be directed to Donald Bosic, Assistant Director, NASDAQ Operations, at (202) 728-8043. Questions pertaining to trade reporting rules should be directed to Steve Hickman, Market Surveillance, at (202) 728-8202.

Sincerely,

Gordon S. Macklin
President

National Association of Securities Dealers, Inc.
1735 K Street, N.W.
Washington, D.C. 20006
(202) 728-8000

January 23, 1985

IMPORTANT

TO: Selected NASD Members (Designated to the Association For Financial Responsibility)

RE: Monthly Filing of FOCUS Reports - FOCUS I

In accordance with the NASD's plan approved by the Securities and Exchange Commission (SEC) for the implementation of the FOCUS reporting system under SEC Rule 17a-5, all firms designated to the NASD for financial responsibility by the SEC under Rule 17d-l must file FOCUS Part I reports every month. The NASD requires this report to be completed by every broker-dealer conducting a general securities, options or municipal securities business, including members maintaining a fully-disclosed clearing agreement with another member. SEC Rule 17a-5 requires that these reports must be received in your local NASD District Office no later than the tenth business day after month-end.

It has become increasingly important for members to adhere to the FOCUS Part I filing requirement in order to provide the Association with timely information to assist in the early detection of potential or existing financial and operational problems. Because this report is an integral part of the Association's early warning system for detecting unfavorable financial trends, the NASD's National Business Conduct Committee (NBCC) is concerned with members that do not meet their obligations to promptly file FOCUS Part I. Therefore, the NBCC has recommended that members which fail to file FOCUS Part I with the local NASD District Office so as to be received by the tenth business day following month-end be subject to disciplinary action and appropriate sanctions by the District Business Conduct Committees.

In a related area, as a further enhancement to the financial monitoring of the Association's membership, the NASD on May 7, 1984, advised all of its members not designated to another self-regulatory organization to forward a copy of the quarterly FOCUS Reports II or IIA to the local NASD District Office at the same time the original report is filed with the Executive Office in Washington.

Questions regarding the filing of FOCUS Reports should be directed to your local District Office.

Sincerely,

John E. Pinto, Jr
Senior Vice President
Compliance