Pacific Telesis Group’s public offering of 6...

Pacific Telesis Group’s public offering of 6 million shares of common stock was priced at $70.625 a share . . . According to a survey by Future Computing, computer specialty-stores sales rose 11% in August from July and were 41% higher than in August, 1984 . . . Walter Reade Organization Inc. said it entered into a letter of intent with Columbia Picture Industries under which Columbia will acquire the balance of shares of Walter Reade that it does not already own.