FALCON CABLE <FAL> SETS INITIAL DISTRIBUTION
Falcon Cable Systems Co said
its set an initial quarterly cash distribution of 53.75 cts per
unit, payable May 15 to unitholders of record March 31.
    The partnership made its initial public offering in
December, 1986.
    Falcon said it expects to pay cash distributions to limited
partners at an annual rate of 2.15 dlrs per unit, through
December 31, 1989.
 Reuter
