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SAN DIEGO INDUSTRY NOTES

June 03, 1986

Moody's Investors Service has assigned a rating of BAA3 to Home Federal Savings & Loan's proposed $110 million of convertible subordinated debentures, which are due in 2011. Home Federal has declared a regular quarterly dividend of 5 cents per share on the company's common stock, payable July 11 to shareholders of record on June 12.

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