OTHER NEWS - July 11, 1992

Pacesetter Trading to Cease: Pacesetter Business Properties said Friday that the Pacific Stock Exchange will no longer allow trading of its stock after Monday. The financially ailing firm’s stock is listed in the National Quotation Bureau Pink Sheets. Pacesetter Business Properties, based in Newport Beach, develops commercial and industrial buildings in Southern California. Like other commercial developers, it has been hit hard by the recession, which has stymied business expansion.