Winnipeg Free Press

Tuesday, January 09, 1990

Issue date: Tuesday, January 9, 1990
Pages available: 60
Previous edition: Monday, January 8, 1990

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  • Publication name: Winnipeg Free Press
  • Location: Winnipeg, Manitoba
  • Pages available: 60
  • Years available: 1872 - 2025
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OCR Text

Winnipeg Free Press (Newspaper) - January 9, 1990, Winnipeg, Manitoba Campeau prices plunge to new Low Winnipeg free january 1t trans Canada options Toronto a few More bricks fell out of crumbling Campeau yesterday after reports sent prices of the real estate and retail giant to a new 52week Ort the Toronto Stock More than Campeau shares traded with the Price dipping to before recuperating to and a Token drop for the in Early Campeau shares were Selling for its previous Low was set in late december at and the situation could get even worse Over the next week on Campeaux two major Allied stores and Federated department Are sup posed to pay creditors for shipments made before As Campeau must persuade its major that Federated and Allied Are the which had threatened to declare a loan of billion us in default last has Given Cam Peau until next monday to prove its yesterday began with published re ports that Campeau had changed its mind about Selling its Blooming Dales department store Chain be cause the offers it has received were too the problems continued when the Watt Street journal reported Cam peas Bankers would ask the com pants Board of directors at a meet ing yesterday not to pay its apparel manufacturers and instead seek re Fuge under chapter 11 of the bankruptcy the reports on Bloomingdale considered the jewel in the Campeau Crown were quickly denied by Mccain in dutch Deal Mccain foods announced yesterday the acquisition of a major trading company in the fresh potato Market in the Van Tuyl by of and its potato International have been bought by the new Brunswick based food the Purchase Price was not re India Trade urged Toronto Canadian industries could harness lucrative business deals in but they must first shed their image of the country As business watch poor and says the president of the ind Canadian chamber of the potential for doing business with India in the 1990s is Treen said Bomba born Benny he said India population of about 800 million now includes a Middle class of about 100 million four times Canadas population who can easily absorb goods offered by North american in the India is embarking on an extensive expansion including projects in transport agriculture and Industrial machine Lobo partner sought London financially troubled China and Crystal maker Waterford Wedgwood group pc confirmed yesterday it is holding talks that might Lead to a Cash offer for a major but not controlling inter est in the Waterford Wedgwood shares gained five Pence to 58 Pence on London Stock Exchange on the there has been widespread speculation for some time that Waterford has been searching for a minority shareholder to give it a much needed Cash to help reduce some of the company substantial buyback planned Atlanta telecoms a of Atlanta plans to acquire Michigan based Alc communications in a Cash and Stock transaction Worth about million a letter of intent signed yester Day says All outstanding capital Stock of Alc would be converted into units of telecoms a common Stock and those holding Alc common Stock and series b and c preferred Stock would receive telecoms a units Worth a holders of Alc series a preferred Stock would get units valued at a share plus accrued unpaid in the matter of the bankruptcy of Triman industries Aladdin creative Cabinet systems Centre of the town of Morden in the province of Manitoba notice is hereby Given that a receiving order was made against the above named on Decem Ber and that the first meeting of creditors will be held on the 19th Day of Jan 1990 at Oclock in the at the office of the 1100 one Lombard that to be eligible to creditors must file with prior to the proofs of claim where Nec dated at Winnipeg this 5th Day of Price waterhouse trustee 2200 one Lombard r3box7 notice of tender sealed tenders for the erection of a steel and Wood sign and related landscaping work at 830 Empress Street in Manitoba will be received by at uie office of the Courtnage company up to february general contractors May obtain plans and specifications at the office of the court nage 598 Corydon Winni Manitoba r3l Telephone 204 4752500 upon Deposit of fifty Cash or certified Cheque As of january plans and specification May also be viewed at the offices of the Winnipeg construction Sanford Evans building news service and Southern building a bid Bond of 10 ten percent of the tender Price with consent of surety to accompany All the lowest or any tender not necessarily a Courtnage and architects 598 Corydon Manitoba r3lop2 Telephone 204 4752500 notice to creditors in the matter of the estate of Amanda also known As Amanda Helen All claims against the above duly verified by statutory declaration must be filed with Mcroberts Law barristers and 853605 Portage r3k attention Norman on or before the 12th Day of feb dated this 2nd Day of Mcroberts Law offices barristers and solicitors solicitors for the executrix Norman Rosenbaum the real property act land titles District of Winnipeg Transl Salon application 1222105 Cibic mortgage corporation has applied for a final order of foreclosure under mortgage under the above and the District registrar has directed notice of this application to be served on and has appointed one month from such ser after which unless proceedings Are taken forbidding the same or the land is re deemed from said a final order of foreclosure under said mortgage will and certificate of title will Issue upon the said final order in favor of the and you will thereafter be forever stopped and de barred from setting up any claim to or in re Spect of the land hereinafter being the land covered by the said dated at the land titles at this 1st Day of november land referred to leasehold estate in lot Block plan in 10111 to Thomas George Sharron Valerie Wilsher the City of Winnipeg the greater Winnipeg Gas com Pany this notice is published for the purpose of effecting substitution Al service thereof upon Sharron Valerie one of the registered owners of the above described land As set out in the said notice pursuant to order of the Deputy District registrar dated the 4th Day of District registrar Public works Ravaux Public i Canada Canada invitation to tender sealed tenders for the projects or services listed addressed to Trie District finance and Manitoba Public works 201 269 main a r3c 2z1 will be received until on the specified closing Date tender documents can be obtained at Public works 201 269 main Box r3c Tele phone number project 770331 Manitoba Canadian Grain commission building room 846 303 main Street lab relocation closing Date january 1990 tender documents for the above project May also be seen at Winnipeg construction the lowest or any tender not necessarily Der Tom up e my m to 95 n options Combine few 4 473 p is 75 45 5 130 170 125 111 30 3d p m m Iso p 70 to 75 so Toronto and Vancouver m j75 3so ims 07 p lit it 9s 10 Yaffi 16 15 186 opt Toh p i n s it Fri a Volt it us us in p 155 175 170 1ss 1044 Jeri my p w 115 2w is 150 127 115 110 11 3a 350 335 35 433 Flumm my Tco omm ohm its ath of for c p 350 Jyh 77 453 flu Neift c opt b 7t b 20 125 145 130 45 211 Sej sintex a 13077 p docs p us it a 20 p 150 170 160 29 344 Alum ahm fun 10qq ibs p in 15 95 Calm act c opt huh to 10 10 into Ltd is 11030 huh Mthm c Olivell in p 265 295 2b 115 794 aft Canada Isi 12736 s 40 130 it 100 of thelml c omm 475 160 195 Awtar pfc my in p 4t so so s set w a m 25 p 440 450 29 114 117 20 35 25 so 1734 Jalwa 120 145 155 10 2a 240 230 40 60 sub m m a Mem opt w to 15 15 671 spas n us 100 13 p Ift 162 153 Aniis is itt it is is c Orvii cwt omm 4 c of vol it in p is m s 11 Myrfis p w 125 120 2 21 a Tell 30 is 301t 10b 45 so so 5 1313 p 70 k u 10 a 25 355 380 375 4 4 idly Soctt c omm 371 Mac not e m Orvii in spies m its 157 m 195 i an i 7 c leg pm 117 h is is 10 45 cml my c 1 Ovll 113 or 4t 230 10 a 197ft 75 95 95 62 101 Lwft p 5 25 15 is 83 111 p b j w in Iokim mrm c 8 Ovd my feb ii 50 45 35 12 5 a is 6 i Adit p 1 s h h b 1 5 125 20 451 or p h 10 s 20 p 195 220 220 13 541 112 p 25 40 30 25 in 35 45 25 2413 19 30 40 35 6 30 40 35 4 181 113 p to b h 10 to w p b j 5 125 1 10 30 15 5 p 205 230 205 4 137 p 41 55 55 40 90 134 p 115 210 10 193 113 p 4h in in 2 155 in in 10 316 113 moms 6 n p 45 so 14 149 in let 60 5 75 84 417 Aptt alb feb c spa m vhf my 132 110 205 140 20 92 111 35 40 35 10 45 75 70 89 774 210 235 230 Iso 375 8 5 5 2 up St p 210 235 215 4 290 Fulvi 25 35 25 242 521 90 115 90 2m2 Mac tvs 130 155 a 5 10 10 10 128 Fol 245 745 Sioto p 125 150 125 20 92 c7v p 125 Iso 145 5 245 270 240 12 3b p 35 30 so 114 50 7j 50 is 420 Onorfa c Ovri p 95 110 in 5 321 m 70 330 1450 p is 8 j 1h 135 160 150 1 448 pm p 95 90 45 460 95 Momo 10 123 my Al m 215 275 3 re p 225 250 2n 19 315 Mats 210 305 Zas 30 391 Mner thru c in Omeh w 115 195 195 4 45 b b s 349 8 p b w 425 490 15 475 so 157 115 125 120 10 320 345 345 10 38 St 115 130 8 560 w s 175 711 111 55 75 60 75 205 m 220 10 50 on p n us m 241 m 100 in 4 m aos ii in 125 m 10 c omm 371 arcs p 40 30 s 41 d k m w Moe Ollk c omm 150 a i4ft in 40 s p 215 240 230 3 s p 15 30 15 135 55 m 60 10 of n in 90 96 96 c of Ptah my 70 75 26 378 Dmitrik c of Ptah p 60 b 70 13 103 turn my o 139 Jwj p is maj is p 235 240 210 s 245 245 275 m 281 ii a 315 335 345 u 2 56 201 agi13 p 95 120 95 45 a 140 in 9 133 Tom in it 394 in p 6t is 75 3 170 14 p 150 75 45 15 w b in its m w c a Omsk 95 5 125 p 105 125 in 38 343 p 415 435 375 30 39 in p 8 35 w w 7 195 225 40 230 245 250 10 156 to p 75 it 70 25 40 90 115 110 s 55 121 105 130 145 10 p 145 155 150 2 in Fojto j30 to 245 10 is 0 70 so s 447 by 123 220 230 220 6 140 145 145 25 149 m h 105 110 104 171 p w 170 2 173 gut Trei c 4a of Ptah ii by Home Pijl 45 85 90 4 4b Tom in Stvil s lit p m 105 up 15 70 10 75 10 p in Asib 12 47 us p 100 115 lit b 229 51 no Tonui c 17h of tvs 115 155 140 10 a co 170 in 231 775 22s 215 30 412 jall6 195 195 5 235 255 270 23 110 us 60 15 70 13 1369 111 30 35 30 10 contract volume 13373 is c m Omeh i 5 119 15 10 20 20 own interest 444822 jj112 255 m 270 25 153 c Omsk 4h 55 75 65 5 14 75 90 75 45 to a 142x721 c in vol fbll2 270 295 315 123 p 240 235 175 316 or 11 85 90 70 10 Oil prices 114 135 160 125 10 3h p 330 310 325 10 31 imn Colm c m opted 1 is 75 90 b 45 261 a 15 25 30 25 77 173 ja30 1 33 75 15 1ss York a Petroleum is p 95 is 40 110 15 p 230 250 250 t6 453 apt40 135 140 110 t grades Cash prices or w 15 Liik 30 110 17 p 430 4h 430 7 intr Lavoila c t2h opt Vul 110 Isaim 3 ssi 1 10 10 90 p 15 40 15 10 arabian Light 112 315 340 330 5 746 b 40 60 40 23 1325 us 230 2m 270 5 112 p 3d 35 30 10 431 Pacific c 2sk of wok 142 us 145 165 125 5 sea Brent 113 245 270 240 39 923 5 5 10 305 glm p 150 175 150 5 attn 13 p 45 60 60 m 177 p w b 20 20 140 in Calm c of Tver Texas interred 115 125 150 135 35 111 30 45 40 24 102 Jabo m 95 n 45 per bbl Fob jnlt4 270 290 265 30 307 p is a 10 10 613 p 25 50 50 9 5 115 215 240 2b 15 40 k its Iso 145 25 4244 p 195 220 225 27 p 130 70 80 10 75 2 355 110 p 120 35 55 a 50 5 70 55 North slope us Gulf coast Money Cost Gap my 114 Neva Alia com feb 19 70 c 15 a 75 10 of Tom 15 a 45 73 214 7433 or to 120 p 80 75 120 105 95 145 a 75 100 75 10 140 10 80 443 70 87 Index new York a the associated press weighted wholesale Index of 35 commodities Between p my a u p a 25 25 45 15 15 14 45 52 45 3071 5 Tedt corp total 55 00 27h 285 2 55 32 of Tom 245 10 68 10 345 Friday month ago year ago 19i940 1981 1917 1986 High from App Mist at Burns Fry said p 10 275 so 00 average equals 100 cry Index yesterday Fri the Cap Between the Cost of Loans Wije Nini spread Between p la 10 in Init of or atom nah Canada and amen can Annie rates Snow Lori t american Banks Cut their prime was up subtly m Traag i4 p a Wilma or 60 150 175 x 55 10 165 10 of Tom 25 10 my tse 35 into jal205 u 45 75 10 30 65 5 of Tom 10 15 41 300 60 trading Toronto up prices were Down in moderate trading on the lending rate by half a percentage Are going Psi acid c a omm 135 33 206 65 Bond Market the Short end of the Market which Ca upward move in Placer n 212ft p 115 125 155 140 123 95 406 a of a corporate and provincial issues Nadian Banks charge their most 9 55 p 298 x All Down of a Lon term issues fell Vij of a creditworthy has re Carmichael said the spread Money was available Maine stable at per cent since tween interest rates for 12v per March Bills and Bonds in the two countries thu to c Primo rata the Overall falling Cost of Money that Banks have enjoyed in recent weeks due to More Liberal credit policies by the Federal the Central commonly called the moved to ease inter est rates late in 1989 to help forestall a dramatic economic downturn in the United lower rates Spur growth by encouraging businesses and Consumers to borrow the Bank of has been keeping its rates High to fight the High rates have been blamed for hurting exports by strengthening the Dollar against its american the higher Dollar makes Canadian products relatively More expensive to buy in the and makes them less but Ted senior econ value than the prime those rates in Canada Are about percentage Points above equivalent rates in the United the prime rate is used As a Bench Mark for Bank interest rates on a wide Range of borrowing by Consumers and Small and medium size the groups Likely to Benefit most from yesterdays reduction in the prime Are individuals who borrow against the equity in their Homes to a lesser those with car Loans linked to the to Joe and Joan average con Sumer who have some of their Loans tied to Short term rates this is Good said Ward an economist at Stone and Mccarthy research associates monthly payments should go Down by next Mutual funds careers floor covering sales person Western Canada floor covering distributor requires sales must have floor covering sales sex please reply to Box 251 free press adjusters Canada senior adjuster or claims examiner to open and manage our Winnipeg office in he Early part of the new the applicant will be a fully licensed Independent adjuster or person capable of obtaining immediate licensing with a minimum of five to ten years of insurance claims adjusters Canada is the largest employee owned Independent insurance adjusting company in Canada with 35 we offer excellent salary and incentive full employee Benefit including a company contributed to pension please address your replies in Confidence to William Canada 604 777 Broadway Canada Homes for children requires a unit coordinator required to under a residential program for eight emotion ally troubled youths in preparation for Independent preference will be Given to a or several years experience in youth practice is salary Range to per apply in writing with resume to Lloyd executive director for children 240 Garfield Street my r3g 2l9 Corona motor inn requires assistant manager food s beverage applications Are now being accepted to fill the position of assistant manager food beverage at the Corona motor you will be a working manager Over seeing the Complete food and Bever age operations at the Back ground experience and skilled knowledge of restaurants and ban Quets is an essential applicants should have an energetic personality combined with Strong leadership please Forward resume in Confidence to Remal investment corporation 901 3rd Avenue North Saskatchewan s7k 2k4 personnel manager Toronto up recent prices Yoni talons of investment funds supplied she ter Day by the investment funds Institute of they Are the venture emf Lmh adm dead grow tit m adv global a mortgage Udham us nuts Index Dynamo in nuts m sync in cd taht funds Vadyn Jbf net asset value per share or unit Andy partners naps last circulated by the can Dyn Premet fund in accordance with its pricing Sussen fund 7 600 emf practice As contained in the fund mod tollo Spertus of the no sales Vahie fund exar a redemption sex go Elm Moelller 102 uus delayed in Canada naps shall Bon b f feed Borg the Miltn or to Oubre Gold members a nut Mort in emf Abc a nut select Yennor ame Yngul Lamod a warm a wraith com or raft 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Terest financial dividend com sults and a self if you Are enthusiastic and enjoy working with minimum we would like to equity not Vang Wmk increase of pay to record we after Good Basic group dental in emf Ysl Ralho if you think you and wish to arrange a local interview Call Kevin Douglas on to Greta Lac a can Balanc a can Bond a can equity Petroleum dividend second payable Index record ;