Winnipeg Free Press

Winnipeg Free Press (Newspaper) - January 7, 1995, Winnipeg, Manitoba A16 Winnipeg free january 1995 its peso pandemonium devalued mexican currency in Short Supply by Kelly Taylor business reporter Tway to the pashas itt Tomte okra Sung tit for your seats from Call 7803333 a plunge in the value of the mexican peso has seen Sun seeking canadians gobble up almost every available peso in Banks and Exchange companies theres some out but you have to Hunt them said Janelle manager of Treasury at Royal Bank in other Banks say the demand is we had a Small shipment come in and it went like said Max customer service manager at the Bank of theres none to be had since the peso has fallen to 25 cents Ca Nadian from its former High of nearly 50 after the mexican government ran out of Money trying to prop up the that plunge in the peso has currency traders unwilling to sell pesos bought before the crash at a and it has canadians grabbing on to mex Ico As a cheap Sunspot Scheuer said the Royal Bank has exhausted its own Supply of pesos and is unwilling to buy them at the prices demanded by wholesale we dont feel its in the clients Best interests to buy she wholesalers Are demanding prices 30 per cent higher than the current real value of the she Ian director of operations for custom House currency said the wholesalers Are hoping to grab some extra profits by Selling at a both Fairwell and the Banks say they Are wait ing to buy pesos at prices More reflective of cur rent values before getting Back into the Exchange All Banks contacted said canadians will fare better by taking travellers cheques with them to Beyan regional director of investment banking at Toronto Dominion said Banks typically hold Small amounts of the peso but the Rush has tapped them Phil free press Scheuer pesos but not at Royal ramp officer loses bid to quash charge by Kevin Rollason Law courts reporter in Brief Alandar ramp officer has lost his bid to have an assault charge thrown now ramp Cory Garrard will testify about what he believed happened when Lunda area Farmer Norman nikkei refused to give him his Drivers licence to Complete a traffic Accident defence counsel Richard Wolsun had argued yesterday that Provin Cial court judge Winston Norton should throw out the charge of As Laid in a private prosecution by because there was no Evi Dence an assault had taken but Norton Norton remanded the Case to next has pleaded not a reduced award a Rossburn Man who survived a Headon Auto collision with his brother has been awarded Only half to talks set up the damages he was seeking be cause he was judged half responsible for the fatal they collided on a killing Richard Dutchak and seriously injuring his in a 38page decision released yes Justice Alan Macinnes of court of Queens Bench awarded Ronnie Dutchak from his Brothers estate for injuries and damages suffered in the 1988 had he not been equally at he would have got twice that Paris the new source of Coa fort for dry skim nutria Force fortifying nourishing Pronto double action nutrition i depth action for Long lasting strength and surface action for instant Comfort to the with discover unbelievable softness and a new sensation of Comfort 50 gift with Purchase with your Purchase of any lancome skincare you will receive the Beauty basics to help perfect Winter 60 my double action Eye makeup remover 60 my essential hydrating body lotion Rouge hydrating Long lasting lip Colour in Rose Cla Sique offer ends january 14 one Bonus per while quantifies store hours downtown Kildonan place your Beautiful advantage t t consumer affairs minister Jim Ernst has set up meetings next week with Winnipeg two Cable to distributors to satisfy himself that the so called negative option marketing of new channels is in the Public Best if its he he May Intro Duce legislation in the Spring to out Law the Ernst said the marketing plan goes against the but he nonetheless wants to first find out exactly what Manitoba Cable Compa Nies Are taxpayers jets losses Cut if season ends by Paul Samyn legislature reporter the cancellation of the nil season could mean Manitoba taxpayers have already paid this years share of the Winni Peg jets operating the two Bills already submitted from the hockey club to the City and province have Cost taxpayers a total of if theres no season the jets projected losses of about million to million will be reduced by about Winnipeg jets spokesman Mike Ohearn confirmed yesterday that for every 10 Home games not the team would save about with a 41game Home sea the losses would be reduced by about to the jets have had 22 Home games Ohearn refused to say exactly what the jets losses for this year were projected to be or what the re Vised total would be for a cancelled quarterly payments from the City and the province at million each would see a total of million according to the provincial Audi tors the jets fiscal year end ing june 1995 projected losses of Ohearn said adjustments Are Al ways made at years end to Correct for any difference Between the amount paid and the teams actual ;