Winnipeg Free Press Newspaper Archives May 30 1990, Page 22

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Winnipeg Free Press (Newspaper) - May 30, 1990, Winnipeg, Manitoba Winnipeg free May Varity eyes Buffalo move a Vampy is considering mov Irig its head quartets to Buffalo to Bike its Stock Fofe available to is hmm and to relieve them of the Canadian governments 15 per a Felt withhold Iulg tax on Divi a cd Tripany spokesman a move would make the com pants Stock available to a num ber of institutions who May Tiow be precluded from buying foreign stocks or May have their fill of foreign said the who refused to be quoted by when analysts look up at their Varity would be there and it might not be there the spokesman Varity chairman Victor Rice said last year that the Industrial and automotive equip ment maker was considering moving its head with about 70 to the United boost Stock Price Tobias an analyst with Smith Barney in new agreed that a move would give Varity the visibility that its billion us billion can in annual sales this company would be in the Fortune 150 if it would be Ameri Levkovich its a move also would allow Varity to boost its Stock Price through a reverse something forbid Den by Toronto Stock Exchange Levkovich but the move would violate a pledge then known As made in the Early 1980s in return for a million government said an official of the Ontario develop ment a Public Agency that funnels government Loans to by Varity agreed to maintain or create jobs in Canada through and the agreement requires them to keep a head quarters the official said in a Telephone interview from he said his Agency rules forbid its employees to be named for the agreement Calls for a Fine for each Job Varity fails to pro but includes no specific penalties for failing to keep its head quarters in the official Varity recently purchased a mansion in Buffalo and won a us tax exemption from the Erie county Industrial development those actions prompted Public warnings from Canadian officials that Varity would face a court fight if it moved its the Ontario official said those warnings still but he and the Varity spokesman said negotiations were under Way to find a Way around the neither Side would say what concessions Varity might make in return for the government Al lowing the they said negotiations might take the better part of a year to no specific deadline Paul business develop ment officer for the Erie county Industrial development said Varity has about a year to take advantage of the Agency incentive but there is no specific the company has estimated it would employ 45 people within two years if the Headquarters were the Canadian government has already claimed Varity is 450 jobs Short of its commitment and has threatened the company with but Varity says it met the commit ment by including employees of its subsidiaries who work in in addition to the former Mas sey Ferguson Varity owns a Detroit based maker of automotive wheels and Antilock braking sys Mutual funds Toronto up recent prices of investment As swelled by the investment funds Institute of Canada at Way prices reported by funds Are the net asset value per share or unit last calculated and for reference purposes confirmation of Price should be obtained from Cadi symbols n no sales g redemption o optional fronted or redemption y delayed n Apps net asset value per share z not available Tor u x m minimum Purchase of brackets indicate Cik pm Orts in so m voip Tilney Yocun Perfer Sjo of orm Oamer rth Ocon band old Nequi cat Wrath Gnu Bond a can equity a Ktal of bulk corp lev a income u cml Trust ogre Ieuv of Elnora 9j7 Ommy of meaty Ospedale compound dividend natural res in Vest i Cam 1m Everest in 9jo us Cath Gnup 5js a Security a growth Yunc tollo Mutual real prop Vretz Lusto Pretl rent a special Summa growl Heward group Owhi Pequ cd m a emf attain balanced Bond 1025 Capiti Towt 94 no milk 174 Nln come resource 7j9 in Gwitt Yemi Calgut Cap Btl Cap Corner Lynt tollo Bond ouch Amer och of Ltd 754 Genu Reloba no m Viking Corn Viking div Viking Goth Viking inc Viking inf i a Torch Bank unbalanced in eau Index i ii Coyer 4m income 94j glom my optic can Ltd races Taurus Ipi capital sea feed m n grow Tel Nylotus fun my Taluta realty Goth Bond cd Mutl if it w ohm Faid to Nam pm dads w 1718 951 906 057 dividend growth income 1069 Omny Rex can resource worldwide of group trial or divers if dividend growth income Nam natural metals Pursuit or you american a ten equity a income Yimm Roval annl Gutti in american a Bond incan admin Ynen Ergy a global in japanese Yimm in Mortgu yep rec Metal Ynar Eldred Yore Lestat Roscom group Tyg Summit r Tyg Summit t Roy fund grip Neal non Dond Negu Ity Nam saw group balanced Small Cap Stock world Goth sceptre funds unbalanced a Bond one guilty enl nil Nam Scotia funds Nam Seq Goth a can Baldic Naif Nln come nil Ockmond spectrum go Dit a can equity la diversified dividend go Ostbond Gln Lerest Glenll equity strata funds growth income a emf strata40 strata60 to Green line a can Balanc a can Bond itch equity a can Index Nadh a 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in Dan can cd Yong of Andy partners Dyn Premet emf mid polio exar Elm Mouiller Friedberg double Gold Harvard Harvard Industrial com am Gln dust Bond Indus Oil Indus leg Indus future Indus global Indus Gln Dusl hot Indus inc Indus pens Mack leg Mack mtg a growth a world inc Sagit group Cam Ameri Cam balance Cam divers Cam growth Cam Pacific Cam resource 2 40 Cam sue Egu to Bai to eau to inc Etc to pen sell Siwl amen can am Seq us cd Abond cd equity global Nam sync Roveil total return in total return Universal group american Ocon and Ocon equity Ocon res Oglo Tut Opac Itic Sec tame sect can soc of Sec Teglo sect Pac sect res Welm Goth a Western Goth Fin Ous growth 42 1154 1843 Price Index new York a the associated press weighted wholesale Price Index of 35 commodities tuesday Friday week ago month ago year ago 1990 1989 1988 1987 High Low 1926 average equals 100 Treasury Bills distributed by up of Canada Treasury Bills wholesale indicative Only week 4 was Day ago ago 1month or Mitti 6moiilh 12month quotations provided by the Bank of Treasury Tokyo Index Tokyo a the 225share nikkei Stock average at the Toyko Stock Exchange fell Points to close at trans Canada options to drown and 1990 to m ads Tco by Telephone Ste Leda Nova Alia corp ocj10 jaw 35 25 60 75 70 70 to 75 60 in 1992 30 36 45 45 Ettl 2510 12162 1063 1192 710 582 1757 511 25134 Stria mar Barritt p air Canada p p in ask us Titi Selnt opt vol to 240 265 240 10 168 70 95 75 5 110 290 315 25 59 45 130 155 125 260 j25 agj25 nvj5s 160 175 110 p so 65 70 p 220 245 245 170 115 160 p 100 105 100 60s 50 s so 20 662 240 255 525 110 125 105 115 40 44 60 so 95 89 95 50 52 4 1179 10 65 12 12 25 ocj17 Teji 35 it it 35 4 35 375 Flem Fol pm Oit vol my 175jjs my Ete of Vii n j 10 no Envoi r 123 100 19 24 218 14 787 91 765 30 422 5 1247 45 222 50 275 Opiol 217 5 15 10 i i 20 35 30 100 951 jaj25 m p i p k 145 170 140 c opt vol it p 75 75 409 s m 5 40 1079 1 10 1 140 402 est of Moi t 110 135 110 5 193 Opiol 45 Kerr to to nah stiff spj12 do k 295 2 32 35 10 101 10 173 10 15 65 45 20 75 55 lit 90 As m few 325 i 1is 140 so 50 240 210 5 159 i 60 50 90 10 190 p p 33 nvk4 p 325 190 160 75 60 i opt vol China gets world Bank loan despite Congress protests p p p Washington a the world Bank approved a us loan for China the Banks largest loan to the country since its crushing of antigovernment demonstrations last approval came despite protests in the Congress and from chinese student groups in the United the United states contributes More than any other country to the which is the biggest source of Aid to the third Patrick executive is one of the 22 members on the Board that met yesterday and approved the loan behind closed until last China was one of the Banks two biggest along with it borrowed billion in the 12 months that ended last june since then it has Bor rowed the new loan is intended to Plant Trees in 15 chinese China can take 40 years to repay it at less than one per cent interest a executive quits top publishing Job new York a William Jovanovich has resigned As chairman of publisher Harcourt Brace Jovano Vich and John a former Energy has been elected to replace the company said the 70yearold Jovanovich had guided the development of the or company during a career that spanned More than 43 years and saw the company reve nue grow to billion us from million in the he engineered a costly recapitalization of Harcourt in 1987 that Ena bled the company to avoid a take Over by British Media Baron Robert but the resulting heavy debt prompted the company to sell its theme Park business a year ago for which was below what some analysts had thought it could get for the business for Sale our loss is your big gain to own the exclusive rights Lor Manitoba Lor a sure proven Wero Loo Busy in Ontario to follow thru buy our business Lor and Well get you started on earning More than per no previous experience required Well train Call collect now Lor Complete details phone 604 2613151 fax 604 2613180 within a week after tanks went into Tiana men Bank presi Dent Barber Conable delayed Loans to China Worth though he continued disbursing Loans granted president George Bush then asked new Loans be with held but later said they should be granted Only for Basic human Robert a spokesman for the said after yesterdays Board decision the forestry loan qualified that definition be cause it provides fuel and housing material for Low income it is part of a for which China is to pro vide the other Conable has said repeatedly the Bank makes its Loans Only on eco nomic with no attention to the Bank Peter Ridd said another loan million for roads and Waterways in China was indefinitely postponed at yesterdays notice of dividends on May the Board of directors of Bce declared the following quarterly dividends payable on july to holders of record at the close of business on june 1990 dividend 29 of sixty three cents per common payable on August to holders of record at the close of business on june 1990 dividend 29 of fort nine cents per cumulative redeemable convertible voting first preferred series payable on july to holders of record at the Cloae of business on june 1990 dividend 29 of fifty one cents 51 per cumulative redeemable convertible voting first preferred series payable on july to holders of record at the close of business on june 1990 dividend s of forty eight and seventy j five hundredths cents per cumulative retractable first preferred series payable on july to holders of record at the close of business on june 1990 dividend 1 of fifty seven and fourteen hundredths menu per variable rate cumulative redeemable retractable and convertible pint preferred series the said fifty seven and fourteen hundredths cents being the amount of dividends accrued from april to july Guy Houte vice president and corporate Secretary Bce agj15 inter p age p a Kwh my crud a 113 cum Munh p p p p p Morocco film 165 170 40 65 Lincolm 15 35 65 15 5 10 35 50 100 55 65 25 40 50 55 70 75 145 150 355 350 140 150 55 75 100 120 60 80 c 270 290 100 125 180 205 vef lit it m to ass 140 55 277 260 10 90 10 Iso pm 70 300 15 10 50 48 opt vol 18 35 12 737 25 5 70 75 161 250 5 40 by s 375 121 115 325 71 133 95 20 45 ohv6i it 35 10 320 75 110 10 17 51 100 30 120 20 100 opt vol is 110 50 303 opt Voi n 105 50 n 50 40 70 of tvs 4t 90 40 165 of tvs 151 110 14 60 17 2395 25 40 m 95 30 776 50 50 602 of Tom 15 50 50 i opera to 210 3 73 100 w 40 165 22 261 opt vol 5 40 5 11 450 20 450 400 opt vol 171 80 20 214 5 35 4912 40 30 50 90 140 1072 55 40 2201 25 6 565 opt vol 377 65 39 1047 115 i 115 140 305 1144 380 5 3 165 20 218 opt vol 28 60 5 40 110 3 105 65 20 65 Opiol 179 220 39 1000 85 20 816 155 120 180 opt vol 1u pkg a a to Nybo j35 Fol it 3ft p 110 135 155 25 94 j8 5 105 105 125 j it 321 215 370 m 3 483 p k 110 110 8 615 145 170 120 2 102 9 50 5 394 395 45d 360 135 255 215 1 312 p 405 430 435 it to my 310 335 is Al to 120 145 125 20 n i c m my s 10 20 15 x Naff j9 p a Fol Jned Wymo p 374 cud p b7a gift p Jahm now Alcan am p j9 Nett p Coa Mottol in to to p m to p wifi Tan p p by Hovi p p agj90 p w2a p Ocas p p cd Almarill jnv96 188 jy166 peer dome jns17 p jy518 p to sps20 123 ocj19 p pews Todd agj12 my prime ret fire p 55 a Cuvi it vol 7 55 40 7 97 Raj Hafl k 48 445 410 19 22 i 150 145 20 so 70 55 329 75 k 75 35 522 330 350 310 10 213 95 115 110 10 195 215 175 s3 499 205 225 215 40 91 290 314 270 4 5 c own of so 55 50 42210211 25 25 m 15 8 20 3i 2009 75 to 10 1437 25 30 30 10 1045 100 125 115 10 1m 45 m 50 10 92 opt i 310 335 330 20 176 30 30 30 309 120 130 125 35 614 15 100 100 4 113 30 40 40 4 404 240 265 265 50 132 2 42 350 375 350 20 25 60 10 65 10 116 135 160 140 t 52 90 105 95 15 168 160 175 165 24 31 120 140 130 15 it 275 300 285 6 16 70 85 75 m 182 235 255 240 80 205 Cut set opt vol m 80 100 75 2 126 25 45 3 219 160 185 150 9 9 opt vol 459 220 245 225 so 1043 75 100 75 101 863 95 120 100 50 363 40 60 50 4 49 75 100 80 10 35 140 165 150 5 346 70 90 65 200 438 45 65 50 25 383 115 150 150 10 66 165 190 160 5 5 opt vol 1h 215 235 215 50 90 105 125 105 30 30 260 285 260 40 40 opt vol 80 100 80 6 177 c opt vol 375 185 210 185 10 85 40 60 35 330 315 40 60 50 5 5 510 As w i 5 535 m is so 50 225 315 6 722 45 70 65 16 743 p 85 to w 181 260 590 270 10 677 170 195 160 i 1738 110 135 in 220 p 140 is m 10 92 70 95 65 65 w c m Owak m 10 35 15 300 300 Smyc Maia am n 10 114 age p p so Lar do do jnj17 p p p 45 60 50 20 9d 100 95 500 500 45 55 0 55 Jos 115 125 125 7 32 of tool u 40 30 10 10 i tit opt Voi m 110 id 130 300 1300 opt vol 71 jams Traci Law f6j1s Tsetsi Muci jnj1so p p p p p p p p jn1100 20 45 25 260 285 300 12 35 45 40 9 170 190 190 12 140 165 155 30 of Tom 155 180 160 5 235 275 235 s opt vol 100 125 100 s Opiol 40 so 50 65 1472 wm7 40 658 80 100 255 m67 m 470 315 163 115 135 125 303 527 300 330 310 508 1453 200 220 210 477 1220 185 205 175 60 342 300 330 385 22 55 105 120 110 275 1237 460 500 61 305 220 240 285 500 Tsvi 430 355 335 450 p 305 335 420 so 423 13 211 13 270 10 s3 22 29 10 33 44 99 opt vol in 280 330 235 30 90 110 110 55 80 35 20 45 25 100 125 135 210 225 225 210 260 150 p 435 475 i 6 s 20 31 10 50 5 49 s 334 s 224 5 94 45 90 45 00 100 total contract volume total open interest 12135 317227 grab one before before you run out the door in the grab your Favourite Section and take it with the Winnipeg free press delivers i depth news reviews on tasty information about food and a look at the world of so subscribe to the free press get it delivered before 7 7 Days a week and take a Section of it with you when you leave Home delivery before 7 7 Days a Call 9570550 Winnipeg free pres As

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