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The Reagans’ 688-acre Rancho del Cielo in Santa Barbara will be acquired by the federal government for conversion to a national park. “Admission will be whatever trickles down to the next visitor in line.” (Bob Mills)

* “Baseball meetings are being held this week in Atlanta and realignment is favored by most owners.” Alan Ray explains: “Putting clubs in natural geographic divisions will allow teams to be closer to their banks.”

* “The success of ‘The Full Monty,’ a low-budget British film about steelworkers who create a striptease act, is stunning Hollywood,” says the Cutler Daily Scoop. “Hollywood gets real confused when it’s the men who take off their clothes.”

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* SEND US A LINE: Got a joke? Send it to Laugh Lines by fax, (213) 237-0732, or mail, Life & Style, The Times, Times Mirror Square, Los Angeles, CA 90053.

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