PAYLESS CASHWAYS RECONSIDERS REVIEW DALLAS-Payless Cashways, Kansas City, Mo., has postponed the review for its $10 million broadcast account. A client representative said the company is focusing on other strategic issues and will handle the account on a project basis at least until the summer before deciding whether to relaunch the review. The company would not say who would be handling projects. Sources said DDB Needham Dallas has completed a radio assignment and Muller + Co., Kansas City, is also being considered. Both agencies declined comment. Also vying for the account were T3, Austin, Texas, and Barkley Evergreen & Partners, Kansas City. PEOPLES ENERGY NEARS AGENCY DECISION CHICAGO-Peoples Energy Corp. is nearing the conclusion of a review for its advertising account, currently at Foote, Cone & Belding here, a company representative said. The company has never spent much on advertising-less than $1 million in 1996, according to Competitive Media Reporting-but, like other utilities facing deregulation, is looking at marked increases in marketing costs to keep up with competition. Desiree Rogers, vice president for corporate communications at Peoples Energy, declined to identify contenders. PREFERRED HOTELS TO HEAR FROM 5 FINALISTS CHICAGO-Preferred Hotels and Resorts here will hear presentations this week from five Chicago agencies vying for its estimated $1.5 million account, according to client representative Michelle Siegman. Its previous agency was David Cravit & Associates, Chicago, which closed last year. Preferred is expected to make a decision later this month. JWT LANDS MORE FORD DEALER BUSINESS DETROIT-J. Walter Thompson here was awarded the $10 million Washington, D.C., Ford Dealers Association account last week, beating out Earle Palmer Brown, Bethesda, Md. JWT was also a finalist in the review for the $5 million Baltimore Ford dealer account, which was awarded to Trahan Burden & Charles, Baltimore. W.B. Doner & Co. in Southfield, Mich., resigned both accounts when it won the Mazda North American Operations business. LS&B RETURNS MADISON ADDY AWARDS CHICAGO-Lindsay, Stone & Briggs in Madison, Wis., last Friday returned its Best of Show and two Addy awards from the Madison Advertising Federation (see story on page 3). The winning print work, created for the Bach Dancing & Dynamite Society, carried a headline previously used in 1995, a violation of MAF rules. Federation president Jan Watson said the Best of Show category would be re-evaluated. For the Record Coudal Partners developed creative work for the Chicago White Sox campaign; DiMeo & Co. handles account supervision and media buying [Adweek, Feb. 23].