Below are insider transactions of 1,000 shares of more for...

Insider Trading

February 24, 1997

Below are insider transactions of 1,000 shares of more for publicly held companies based in Maryland or having substantial operations here. Insiders are officers, directors or owners of 10 percent or more of a corporation's stock.

Adams Express Co.

Maureen A. Jones,officer, exercised an option for 10,000 shares of common at $13.29 each Jan. 23. To cover expenses of the transaction, Jones turned in all of them for $20.50 each Jan. 23 and now directly and indirectly holds 2,797 common.

Richard F. Koloski,vice president, exercised an option for 6,411 shares of common between $8.01 and $11.97 each Jan. 24. To cover expenses of the transaction, Koloski turned in all of them for $20.38 each Jan. 24 and now directly and indirectly holds 19,178 common.

Jeffrey G. Whitney,vice president, exercised an option for 8,000 shares of common at $13.29 each Jan. 17. To cover expenses of the transaction, Whitney turned in all of them for $20.38 each Jan. 17 and now directly and indirectly holds 15,281 common.

Avemco Corp.

William P. Condon,chairman, exercised an option for 30,000 shares of common at $10.50 each Jan. 10 and now directly and indirectly holds 168,804 common.

John F. Shettle,president, exercised an option for 15,000 shares of common at $10.50 each Jan. 14 and now directly and indirectly holds 131,641 common.

John R. Yuska,vice president, exercised an option for 15,000 shares of common at $10.50 each Jan. 22,1997 and now directly and indirectly holds 44,851 common.

General Physics Corp.

Jerome I. Feldman,no longer required to file as an insider, sold 2,100 shares of common at $4.75 each Jan. 24 and no longer holds shares in the company.

Scott N. Greenberg,no longer required to file as an insider, sold 1,000 shares of common at $4.75 each Jan. 24 and no longer holds shares in the company.

Martin M. Pollak,no longer required to file as an insider, sold 5,900 shares of common at $4.75 each Jan. 24 and no longer holds shares in the company.

Legg Mason Inc.

John Francis Curley,officer and director, exercised an option for 3,000 shares of common at $14.60 each Jan. 24. To cover expenses of the transaction, Curley turned in 931 of them for $47 each Jan. 24 and now directly and indirectly holds 131,144 common.

John B. Levert,director, sold 1,200 shares of common at $39 each Jan. 7 and now directly holds 99,061 common.

Petroleum & Resources

Maureen A. Jones,officer, exercised an option for 5,000 shares of common at $23.02 each Jan. 21. To cover expenses of the transaction, Jones turned in all of them for $36.75 each Jan. 21 and now directly and indirectly holds 793 common.

Richard F. Koloski,president, exercised an option for 2,000 shares of common at $17.52 each Jan. 21. To cover expenses of the transaction, Koloski turned in all of them for $36.75 each Jan. 21 and now directly and indirectly holds 11,606 common.

Jeffrey G. Whitney,vice president, exercised an option for 2,250 shares of common at $23.02 each Jan. 17. To cover expenses of the transaction, Whitney turned in all of them for $36.50 each Jan. 17 and now directly and indirectly holds 5,879 common.

Tracor Inc.

Thomas Vernon Talbott,vice president, sold 8,000 shares of common at between $21.63 and $21.88 each from Dec. 3 to Dec. 30 and now directly holds 4,000 common.

United Industrial Corp.

Edward C. Aldridge,director, purchased 3,000 shares of common at $6 each from Dec. 10 to Dec. 11 and now directly holds 5,000 common.

E. Donald Shapiro,director, purchased 15,000 shares of common $5.88 to $6 each from Dec. 10 to Dec. 11. He now directly holds 15,000 common.

USAir Group Inc.

Bruce R. Aubin,no longer required to file as an insider, exercised an option for 15,000 shares of common at $13.25 each from Dec. 4 to Dec. 12 and sold 18,047 shares at between $24.25 and $25 each from Dec. 4 to Dec. 12. He now directly holds 10,500 common.

John W. Harper,vice president, exercised an option for 10,000 shares of common at $7.75 each from Nov. 28 to Dec. 5. To cover expenses of the transaction, Harper turned in 1,056 of them for $23.38 each from Nov. 28 to Dec. 5 and sold 10,000 shares in the open market at $25.38 each from Nov. 28 to Dec. 5. He now directly holds 8,944 common.

Waverly Inc.

Carolyn T. Donohue,divisional officer, exercised an option for 1,200 shares of common at $6.50 each Dec. 6 and now directly and indirectly holds 3,526 shares.

Insider Trading is written by CDA/Investnet of Fort Lauderdale, Fla.

Pub Date: 2/24/97

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