The Vancouver Sun from Vancouver, British Columbia, Canada • 35

BEST COPY f1 3'P BUSINESS Bll The Weekend Sun, Saturday, April 12, 1997 TSE continued from B7 Scot Paper Scot a Spll Scota Spl Scotts I Seagram Sears Can Search En 0 Second Cp Semato SemTAI SemiTB Sen vest ShawC I Shaw I A Shaw I Shell Can Stierritt I S'dus sys Signature kaman 0 Silcorp Simmond Smo For Ao Skyiack Slater Stl Sleeman 6 Slocan Smed Intl Louvem 0 Sodisco Sottkey Soltquad Sid state Solitario Sonora Sth Amer Sth china Crotty 0 Southam Sth altica Southern Southwrd Southwst Spar Aero Spectra Spectra a Spectral Spectrum Speedwre Speedy Spire En Slackpole Stamped Stanley Star Data Star Slarrex Slartech Sleepleiak Slelco A Sleico Stralos Gl Stressgn Stone cons Slrong equ Stroud Sud Cont Summit Summo Sun Ice Ltd Suncor Sun-rype Surrey mt I Suzy Shier I Symetry Symtry wo Synrgst A Synex Intl Synsorb Systems 144 20 75 1950 19 50 -1 00 30 00 19 50 Toromont 43 2725 2675 2710 10 2900 1525 DEBENTURES 130 30 25 27 20 27 50 35 20 13 30 TorOmBk 47222 3665 3520 3540 -10 41 00 2305 At Can 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250 250 000 900 250 Tclai Pet 188 15 00 14 30 14 80 05 1800 12 05 Cascaddeb zO 123.00 123 00 123 00 0 00 131 00 104 00 12 925 915 925 10 1050 7.35 TransHxO 126 2.75 2 70 2 75 4 00 2 70 CnlflOdb zO 112 50 112 50 112 50 0 00 11300 96 00 3184 9.30 885 920 45 1075 7.50 TransDom 3529 031 024 0.27 060 016 Cntrld 8.5 z2 108 00 107.00 107 00 11300 103.00 444 29 50 29 20 29 50 30 32 25 16 10 TiAltcorp 27130 16 15 15 15 1535 18 15 14 25 CnlrtdBd z5 104 00 103.00 103 00 -1 00 10650 100 60 22 2960 29 15 2915 000 3300 16.15 Tf Aita 5 z51 81 00 81.00 81 00 000 8000 8000 EdperGd z4 103 00 100 00 100 00 0.00 116 00 93 00 886 54 45 52 45 5300 .35 59.00 41 80 TAita 0 74 z10 10300 10300 10300 000 10600 10005 Equisur 0 zO 410 00 410 00 410 00-20 00 525 00 219 00 25710 8 10 7 90 7 90 9 50 6 50 TUIH840 83 2745 2700 27.45 45 2800 2650 HarmacD z2 107 50 104 00 106 001.00 110 00 101.00 363 350 3.20 325 585 305 Tiansalal 11 8 75 8 65 8 65 60 13 20 5 87 Holhnger Z12 113 50 110 50 112 00 1.00 121.00 96 50 408 0 60 0 53 0 60 .07 0 75 0 35 Kan PL 28211 25 45 24 30 24 90 .35 26 85 1900 Inmetdeb zl 101 00 100 00 101 00 1 00 103 00 99 00 13585 0 06 0 05 0 05 0 17 0 05 Tremmcoo 704 1.10 085 095 -10 1 48 075 Kinross z5 9700 9550 95 50 101 40 95.50 87 19.50 18.55 1950 000 2200 1200 TriExo 400 1.05 0.90 0 90 1 15 0 90 Lffw 675 Z1 137 00 137 00 137 00 0 00 137 00 120 00 911 250 200 2.05 750 200 Tri Link 580 2400 23.00 2300 2900 1500 MDC Cm zO 91 00 91 00 91 00 -3 00 100 00 87.00 524 1 35 1.25 1 25 -10 1.70 1.10 Tri Orign 154 1 15 1 07 1 07 200 1.00 Magnadeb zO 125 00 125 00 12500 000 13900 11200 2252 19 00 16 15 16 80 -2 20 50 00 16 15 TriamAut 137 4 80 4 60 4 70 .15 5.85 3 06 Markbrdeb z2 78 00 76 50 77 00 0.00 82.00 57.55 163 14.50 1400 1425 15.75 1200' Tncan Oil 1320 290 280 280 400 265 MarNbr zO 121 00 121 00 121 00 -1 00 130 00 99 00 9246 5.65 5.40 565 .05 7.50 465 TndelEnt 259 094 085 090 0.00 1.60 0 70 PetromtD z1 91 00 90 50 91 00 50 92 00 80 00 4292 1300 12 25 12 60 16 10 12 00 Trigaso 1116 0 60 0 50 0 60 04 1 46 0 50 RevenueD z1 97.00 96.00 96 00 -1 00 10200 89 00 109 18 80 18 00 18 80 21.75 18 00 Trillion 0 1562 5 45 4 85 4.90 7.75 4.40 flevenued7 z1 97.50 9650 9725 25 103 50 9550 258 039 037 037 048 035 TrilonA 3123 7 25 6 90 6 95 0 00 8 15 4 90 RoAlgd Z22 64 00 51.50 51 50 -1 50 60 00 48 50 7400 0 10 0.09 0 09 0 22 0 09 Trilon Fin I 243 19 65 19.40 19 40 20 25 16 65 Shemtd z8 54 75 53 00 54 00 61 00 49 75 248 1400 9.50 1335 2.35 41.00 950 Trlon Fin II 103 18.75 1840 1860 2000 16.50 Teckdeb Z11 9650 93.25 94.15 -1 60 111.00 87.50 913 385 2 95 2 95 12 00 295 Trimac 5017 10.00 9.00 930 21 00 880 Tee Com Z14 70.00 58 00 64 00 7.00 124.00 53.00 537 220 1.90 2.20 .25 300 0.85 Trimtklin 938 42.00 40.30 4070 4625 14.40 Tembecd z1 115 00 114 00 115 00 1.00 123 00 105.00 958 4 75 3.90 4 00 5.75 1.35 Triminel 108 5.95 5.50 570 650 3.75 Ulster deb z1 118.00 116 00 116 00 12600 10600 2441 042 031 0 39 08 081 016 TrplCrnE 5 2 90 290 290 -10 360 1.50 Umtortdb zO 100 50 100 00 100 00 0 00 109 00 100 00 5700 1 60 1.24 1 25 3.00 1.00 Tntectl 11 30 50 3000 3000 35.75 18.50 William db z6 105 50 101.00 102 00 114.00 101.00 405 052 0.45 0.45 000 0 78 0.35 Tr Ion Mn 0 106 3 75 3 50 3 60 9 00 3 50 DEBENTURES IN US FUNDS 59 1.00 1 00 1.00 0 00 2 15 1 00 Triumph 528 2 90 2.75 2 80 4 65 2 50 Counsel Ob zO 110 00 110 00 110 00 0.00 11900 98 00 1653 21.00 2000 20.35 22 15 1525 Tf zee Ha 5592 31 60 3040 3070 3350 2400 Laidlaw 6 zO 13200 13200 13200 -4 00 13600 12300 285 0.66 061 062 1.75 0.61 TrizecHw 2261 6 60 5 50 5 75 8.15 0 90 Tembecdu z1 108.00 107,00 108 00 2 50 110.00 98 00 1656 9.10 8.60 8.95 .15 10.65 610 Trojan tech 83 20.25 18.75 19.00 -1 25 23.00 11.30 TrizecDU z8 84 00 82.00 82 00 108 50 82 00 413 1.40 1.21 1.40 05 2.08 095 TruaxA 4084 2.13 1 95 200 0.00 225 0.90 TnzecDb Z11 8500 83.75 83.75 -2 25 10900 83.75 368 15.00 13.75 14.15 28 45 13.25 Tudor 192 0.90 083 0.90 0.00 1 27 035 PARTIALLY PAID SHARES 757 15.50 1335 1410 1.00 1825 955 TwmGldO 3043 060 051 0.52 1 25 040 APFEnu 35 530 530 530 680 5.30 10 1.30 1.30 1.30 -10 2 60 1.20 Tyler Ro 865 0 33 030 030 0 76 0 30 BPICanu 880 505 4 85 4 90 .05 550 485 305 1.35 1 25 1.25 0 00 2.30 1 10 UAPAI 133 16 70 16.50 16 70 17.75 13 85 BrokllPr 2094 900 860 860 000 990 6.35 121 950 850 8 50 16 40 600 Ulster 2012 1040 1010 10 30 20 11 25 8 05 FacsRecu 395 6 80 5 50 5 50 6 00 5.30 66 7.50 7.00 7 50 40 16 50 6.75 UNI selct .3 1500 15.00 1500 000 1630 10 40 Gas Man 489 7.25 650 7.10 9.25 650 256 3.30 2.75 2.75 7.25 2.75 UnicanA 5 31.00 31.00 31 00 0.00 3600 1900 3691 710 6.75 685 -20 7.85 635 93 9.30 8 65 9 05 1250 8 65 UmcanBf 203 31 25 30.65 3065 36.00 1900 Luscaru 13284 605 5.30 590 .35 1090 5.30 65 1 30 1.26 1 28 1.80 1.21 UnicorpAl 19 3.15 3.15 3.15 0.00 3.50 227 Manitoba 2739 7.70 7.35 7.50 .15 8.60 7.20 104 15.95 15 50 15.50 1625 10.50 UmcorpB 1 335 3.35 3.35 3.50 2 50 MeridnGt 5562 375 3.50 3.65 05 4.55 2.50 3862 630 6.15 6.15 825 4.85 UnilortAI 41 4.05 4.00 4 00 0 00 5 10 3 99 Mint Mid 277 570 560 560 000 590 5.25 1167 7.55 7.00 7.30 8 50 4.30 UCdnShar 2 17.50 1700 17.00 1.00 21.00 13.25 Optus 2599 990 9.55 9.65 -15 1200 7.10 3289 540 450 520 20 705 3.01 UnCorp 42 3880 37.95 3795 .85 45 50 34 00 Pnmwstu 1855 5.50 530 5 35 05 8.15 525 225 022 0.22 022 -03 1 42 0.15 UnOomm 1146 35.00 33 50 34 00 37.25 2600 Stnninbku 266 5 15 4 85 4 90 8 10 4 85 1 1.90 1.90 1 90 0.00 2 50 1 82 Un grain I 168 1350 12.70 1305 15 14 50 7.40 Shininbk 2 177 500 490 4 90 585 4 90 3427 11.50 10.80 1080 1250 8 70 UKeno 2011 067 045 0.55 250 0.45 Tnaxr 782 690 660 680 000 800 660 625 1 50 1.40 1 40 1 60 0.80 URayoreo 8163 1.10 1.05 1.10 .10 1 20 0.40 Wstcstlu 3758 4 90 4 25 4 90 .15 5.70 4 25 3371 7.50 7.25 7.45 .05 8.75 5.80 UnReelo 2386 0.30 0.24 024 0.79 0.23 Wststiotu 5506 5 85 5 65 5.70 0 00 6.80 5.65 65 25.25 25.05 25.10 26.00 23.70 Un Tri Star 1410 255 2.36 236 4 55 2.12 PARTNERSHIP UNITS 74 3.60 3 50 3.50 0.00 4 70 1.55 Upper Can 325 4.05 3.30 380 23 7.45 2.85 Fidefty 93 79 1340 12 20 1220 15.70 11.55 1203 450 3.86 3.86 550 2.80 Upton res 760 10.95 1050 1050 0.00 12.50 390 Fidetty 94 104 14.50 12.25 12.25 15 00 12.25 5192 2020 19.75 2000 .20 2465 1490 Ursa Maj 0 245 1.15 1 05 1 10 1.85 1 05 GazMtrou 73 1700 1690 1695 .15 1805 14.25 74 10 00 10.00 10 00 05 11.75 6 00 Utility A 174 29.55 28.95 2900 31 15 2495 Global 3 un 3 1055 10.55 1055 000 1300 800 112 020 0.17 017 -04 032 017 Van Koult I 4 27.75 27.75 27.75 .25 28 35 18 50 Global 5 un 92 1050 9 60 10 00 13 85 9.60 101 9.05 9.00 900 0.00 16.05 900 Velan 618 21.50 2050 20.50 0.00 25.00 1760 Global 6 un 112 11 00 1050 11.00 13.35 10.50 808 6.65 635 6.50 800 5.00 Vengoldo 1131 1.75 1.65 1 65 2 50 1.27 McknzMu' 76 24 95 24 00 24.20 33 00 24.00 196 1.35 1.20 1.20 2.90 0.90 VengldAwo 170 0.43 0.40 040 0.60 0 22 MultiMngu 21 12.60 12.50 1250 0.00 14 50 11.05 240 033 0.28 032 0.00 1.05 0.28 VengldBwo 390 065 046 046 .01 1.10 045 Public Stor 52 14.20 14.00 14.20 .20 1450 1065 14241 61.00 5840 58.55 64.05 40.60 VentraGr 8034 3.20 302 302 0.00 3.39 1.71 PStorag4 100 400 400 400 425 2.50 104 265 240 2.50 .15 2 95 1.75 Veritas dgc 1 27.00 2700 27.00 000 33 30 18 50 CIBC2pw 1686 350 2.97 348 38 350 250 95 1220 11 80 11 80 1390 925 Vermilion 804 4.50 4.15 425 575 1.25 TRUST UNITS 182 860 8.00 8 00 9 50 5.35 Versacold 3239 840 7.75 7.75 1095 665 ARC En 1371 1080 10.35 1055 .05 1300 9 70 2614 1 32 1 20 1 20 1 40 065 VHomAI 430 4.35 4 10 4 20 0.00 11 25 4 10 AlhabOu 4373 19 20 18.75 18 75 22 75 12.65 1779 0.67 0.55 0.55 067 0.09 ViceiyR 1694 5.50 5.00 5.15 9.55 5 00 Trust un 68 920 9.00 920 30 1000 855 67 7.00 6.75 6.75 7.75 3.75 Videolrn I 499 11.35 11.20 11.35 .05 1300 1025 CdnOilSu 4749 20 90 20 40 20 40 23.00 14.10 36 0 70 0.68 0 69 080 0.50 Vincorl 570 11.70 11.50 11.50 12.25 7.50 CR estate 1074 13.20 12.35 12.50 15.25 9.10 1397 9.25 8.40 8.65 .15 12.65 2.15 Vintage 585 0.91 0.84 084 0.99 0.84 CdnResu 1073 9 40 8.75 9 05 10 75 8.75 305 1 44 1 26 1.30 3.50 0.70 Vista Gld 956 1.30 1 16 1.25 290 1.05 CResiiu 374 9.85 965 9.70 .05 10.00 9.50 TToZ VilranA 10 4.55 450 455 .25 600 3.50 Drayton 484 3.28 3.15 321 .02 340 300 372 019 0.18 0.19 .00 0 28 0.17 Vogueo 222 1 90 1.50 1.50 340 1.50 Enermrku 2266 6.75 6.60 6.70 0.00 7.90 620 597 7.70 6.00 7.10 1000 5.10 WFMndo 589 1 03 085 085 1.40 075 EnrplsFGu 950 4.75 4.60 4 65 0 00 5 70 4 25 40 6 30 5.75 5.75 10 00 5 35 WICBI 1460 25.25 23.35 25.25 1.90 2530 17.75 FMrcnllu 21 1430 14.15 14.15 17.00 11.90 154 1.40 1.25 1 40 .05 1.55 0.95 Wajax 395 1630 1600 1600 1900 1235 Premi 184 2800 27.00 27.15 3000 24.75 4220 1.00 0.85 090 2 74 085 Wascana 13066 20.65 2040 2045 20.90 12.00 FPrmou 65 1240 12.25 1240 .15 1250 1225 18745 10.10 9.30 9.40 13.10 9.15 WalrldCo 40 0.80 0.80 0.80 05 1.07 0.50. FPremusu 380 24.50 23.50 23 75 25.45 23.00 32 11.00 11.00 11,00 0.00 1200 625 Wescam 430 4.05 360 3.60 800 3.50 Freetioldu 1836 9.90 9.35 9 75 35 12.70 9 25 10323 41 30 37.05 3865 4995 30.50 WcscstAI 61 33 00 32.00 32.00 37.95 1650 HCare bio 198 8 90 8.55 8.75 0.00 10.75 8 20 164 4.10 3.85 400 0.00 600 3.25 WstFrasr 8318 41.50 40.50 40.50 4645 29.10 Labrador 2384 1240 11.75 12.30 15.25 11.75 3975 16.00 14 75 15 00 17 00 12.00 Westaim 4161 535 5.15 5.15 5.70 360 MTCMortu 1 1.70 1.70 1.70 000 340 1 50 115 2.50 2.20 220 342 1.50 Westar Gr 35 5700 5600 56.50 6550 2700 Maximu 2807 940 920 920 12.25 920 Z8 27.15 27.15 27.15 0.00 33 50 2600 Westburne 1411 15.90 15.50 15 60 16.75 9 10 Morisnlacu 1200 965 9.30 940 .05 1010 900 19800 2900 27.35 2840 3540 27.00 Beslburnw 989 465 4.50 460 000 560 095 NALOilu 1439 980 940 9.75 .15 11.00 900 375 2.24 2.00 2.10 05 19.50 1.30 WcoastE 9851 24 30 23.80 23.85 .05 2585 20 20 NCEOu 518 5 25 5.00 505 5.85 5.00 5977 1.04 0.71 0.75 1 04 0.35 Wcoas! 2 52 2580 25.55 25.75 10 27.50 25.50 NCEPtru 2140 5.50 5.10 5.50 .35 6.95 5 10 144 2.30 2.25 2.25 0.00 2 70 1 50 Wcoast4p 101 27.00 2675 26.85 000 2900 2600 Naltamiru 315 14.25 1355 13.55 .05 1860 13.05 6307 4.60 3.55 385 16 10 2.90 Wcoast 5 39 2525 25.10 25.10 0.00 2630 24.90 Pngrwtbu 1132 16.10 1550 1600 .50 19.00 15.00 249 2000 19.00 1925 22.00 11.05 WCoppero 938 1 83 1.50 1 60 405 1.30 RealFundu 1444 1545 1460 1505 1825 1215 631 8.75 600 825 1095 675 Garnet 671 4 25 3.75 3 75 6 75 3 75 R'OCanu 2674 18.15 1725 17.35 20.30 11 60 10 9.00 6.90 890 1010 490 Quebec 0 80 4 10 3.80 4 10 .30 4 70 3 15 Slarcoru 400 1090 10.50 10 75 .05 1250 965 55 11 35 11.25 11 35 11 75 11.00 Wstrnstar 500 3500 33.50 3400 4550 3050 Summitu 590 1625 1575 1600 .20 1850 12.00 7 1900 1900 1900 000 1950 1525 Westlield 40 1 50 1.50 1.50 .10 1 80 1 25 Supenotu 1988 12.00 11.00 11 90 .05 1460 11 00 3546 4000 38.75 3900 4265 1910 Westlorto 2347 0 31 0.25 0 31 .06 0.40 020 Taylor 521 12.25 11.25 11 45 14.90 1020 80 9200 89.00 90.00 9800 4500 Westley 0 420 020 0.18 0.18 0.73 0.11 Templetnu 112 1365 13.10 13.45 .20 15.10 12.30 117 25.60 25.30 25.30 26.25 23.60 Weslmin 16640 7.00 6.50 655 950 5.85 Viking 857 810 7.85 7.95 9 90 7.85 10 4.10 3.50 360 450 2.25 Weslminp 47 26.25 25.50 2625 .75 2685 2500 Wardley ur) 69 6 10 600 6.10 .10 685 5.60 432 2.90 250 269 3.15 1 90 Westmmw 527 040 030 030 1 84 025 Wstrocklu 266 9 75 9.50 9 75 .25 11.60 9 20 20 25 75 25 75 25 75 35 26 50 25 00 Westmins '14873 545 4.50 520 000 545 450. Wstfckllu 718 9.00 8.25 890 40 990 7.80 2296 1.75 1 50 1 75 3 50 1 50 Weston 985 69.50 67.75 68 50 25 76 95 46 00 TRADED IN US FUNDS 19221 20 80 19 95 19 95 22 10 16.10 WstwardA 366 0 90 0 86 0 90 0 00 1.60 0.75 AlcanDp 19 26.10 2570 2610 .15 27.90 2570 7322 1000 900 980 .55 1090 820 Whealono 2241 059 0 50 050 1 30 045 Arano 304 1 45 1 30 1 30 0 00 1 77 1 05 2977 455 4.10 4.15 7.50 205 WMerose 636 2 10 1.70 1 99 .19 255 1.06 Astiantigds 3 1350 1350 1350 000 2275 1210 1465 1790 1625 1640 1975 1065 W'lanouto 25 0.40 0.40 040 079 0 35 BkMtl2 477 2665 26.00. 2630 28.50 26.00 173 19.50 19.15 19.40 20.10 8.95 William 0 23717 1.32 1.11 1.17 2 23 1.11, CIFm.5 84 25 70 25.10 25.50 2825 25.10 66 28.75 28.10 28.10 .10 30 50 2480 Windarrao 230 0 35 0.32 0 32 0 58 0 21 CI8C 12 154 26,45 2590 2600 10 2830 2585 10 1645 15.00 1500 19.75 1300 W'ndsoro 662 6.00 5.65 5.65 690 380 CIBC 16p 1183 24 50 24.30 24.30 24 70 24 25 20658 27.60 26.70 2695 31 30 20.90 Wmpak 115 35 90 35.00 35.90 .45 35 90 25 00 CanbenU 96 1600 1525 15 75 25 16.25 11 50 2922 2410 24 00 24 00 000 24 50 21 50 WWMnrlo 5623 1 05 092 1 00 -07 235 063. 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000 5.00 4.50 Year Pnoneltx 1427 2 70 2 60 2 61 01 3 00 1 70 Stock Sales Close Cttge High lew PmacieR 626 20 00 19 00 19 00 95 23 00 15 50 toQ PonerMo 1330 0 30 0 25 0 29 01 042 0 16 NBSIech 53 360 300 330 .05 495 300 Place Res 310 1 95 1 80 1 95 15 225 1 40 NDUReso 628 1 26 1 10 1.18 290 1.00 Placer Dm 33246 2535 2390 2420 4045 2390 NHCcomm 482 1 70 1 45 1 50 05 250 1 30 P'ans En 268 600 560 560 750 560 NIINorsat 1475 2.20 2 00 2.10 3 30 1 60 Plaintree 415 5 40 5 00 5 15 15 10 30 4 15 NQLdMia 496 6 00 5 65 5 80 05 6 95 2.50 Platnwa As 0 452 2 25 2 00 2 15 3 95 1 65 NSRReso 560 0 53 0 45 0 45 -10 1 00 0 40 PialnvaSpo 392 2 20 210 215 3 95 1 70 1 NamTai 20 15 00 15 00 15001 50 15 00 10 85 PocoPele 16667 13 45 13.00 1300 -10 15 40 985 Narmb'ano 793 6 75 525 525 -1 55 9 70 4 75 Pomtero 616 1 15 1 01 1 01 4 50 0 72 Nat Bk Can 32098 14 35 13 60 13.75 16 90 11.00 Poiya-r 51 4 70 4 35 4 70 70 6 45 3 80 Nal Bk 7 35 24 35 24 10 2410 -15 24 50 21.15 Post Ener 117 350 325 3.25 -40 485 325 NatBkS 27 2425 2400 2400 2430 21 15 Plash Cor 937 10550 10300 104 50 -65 122 70 8300 Nal Bk 10 24 2940 2800 2800 2960 27 00 PowrCorl 5585 2795 27 25 27 40 2985 1990 Nal Bk 11 14 2 7 75 27.25 2725 28 70 26 00 PowrClp 9 48 05 48.05 48.05 05 49 00 44 05 Nat Bk 12 73 2625 2560 2560 2725 24.00 PowrFm 2446 26 30 25 00 25 05 90 29 00 16 87 Nineteen 90 1 40 1.20 1 40 3 05 1.00 PwrFmA 30 24 00 23 25 23 90 0 00 24 60 22 25 NalSea 112 6 30 6 00 6 30 05 6 75 5.00 PwrFinB 341 28 00 28 00 28 00 0 00 29 00 26 40 Nat Trstco 317 24 00 23 00 2350 25 25 90 19 15 PrecisnO 6919 54 50 51 00 52 25 -1 75 67 50 25 25 Nairaceuo 408 1 50 1 25 1 25 -05 1 95 1 25 Premdor 269 13 70 13.05 1320 14 75 925 Nebexo 1761 0 96 0.71 094 4 35 0 71 PremrCdn 24 25 00 25 00 25 00 0.00 26 00 24 25 Needier Gr 170 065 065 065 000 086 035 PremlA 524 11.20 1000 11 20 45 12.85 9.80 Nelson Gld 0 3795 0 90 0 75 0 79 08 2 35 0 50 Premlp 392 15 00 14 95 1500 10 15.90 1485 Nelvanal 4 24.15 2400 2400 2900 17.60 Prime res 3415 11.35 10.60 11.05 .45 1350 875 Neutrinoo 699 1 50 1 33 1 47 1 85 075 PrtmexF 10 8.00 7.90 8 00 10 9 05 7 00 1 Neuirowo 95 0 50 0 39 0 40 -15 0 90 0 16 Princeton 3063 0 41 0 37 0 40 02 0 56 0 28 Nevsuno 538 6 15 4 80 4 80 -120 17 35 4 50 Princetnw 10 0 03 0 03 0 03 01 024 0 01 Necache 201 8 25 8 20 8 20 20 9 00 6 50 Prolco 791 241 210 215 520 1 76 NPtovido 45 1 40 1 40 1.40 1.70 0.99 Promis sys 164 440 390 425 5.25 2 30 Newalla 987 7.25 6.80 7.15 .45 9.25 4.50 Provigo 710 6.45 6 20 6 40 .20 8.60 5.00 Newbridg 24619 41.75 39.60 3980 51.00 27.75 Prudential 3418 27.00 25 75 27.001.00 28.00 12 25 Newcourt 4876 54.70 26 75 27.15 .40 2825 13.87 Purcello 1663 1.41 0.98 1.20 1.41 062 NIICapAl 1083 5.55 5.10 550 05 585 2.25 Pure Gld 0 10319 0.26 0.23 0 23 0 48 014 Ngrwth 95 24 00 21 00 21 05 2740 12.60 Pursuit 0 878 2 70 2 40 2 70 3.40 2.16 Ngrwth eqt 48 27 15 27.00 2705 05 28.25 26.20 Pusuitw 14 0 22 0 22 0.22 00 0 30 0 10 Newhako 229 0 55 0 51 053 01 1 05 0 51 QLTPho 8131 31 75 29 75 3000 -1 05 3900 1800 Newmexo 503 1 35 1 20 1 20 210 1 20 QMediao 1780 0 52 0 44 0 50 0 00 0 88 0 44 Newport 9181 7.30 700 7.00 10 75 410 OZar 448 6.25 5 00 5 25 900 480 Nwstarao 5314 440 3.80 399 545 265 QSRo 106 1 50 1 30 1.30 280 1 00 NewtelEnt 340 25 20 24 00 24 50 .10 26 70 20 25 Que Tel 27 2350 2280 2280 2520 20 25 Nbl china 670 3 25 2.95 300 6.40 2.10 Que Tel Bp 3 16 00 15.00 1600 0.00 16.00 12.75 Noma A I 7682 3 95 3.75 3.90 4.60 2.69 QuebecotA 184 2500 24.70 24.70 26.50 2050 NomaB 13 4 00 3.70 4 00 30 4 60 2 90 QuebcorBI 1058 2505 2450 24 50 2660 20 20- NorandaF 3709 9 35 9 00 9 25 0 00 9 95 8 55 Qbcrpnntl 3553 2585 25 50 2550 2640 21.45 Norandal 25959 29 35 27.50 28.05 33.40 26 00 Queenstak 7123 2.70 2.15 219 450 1 00 NorndalC 12 2550 2550 2550 .25 2720 2500 QuenstnM 1169 1 68 1 40 1 45 3.50 1.21 NorndalF 145 25 00 24.60 24 75 .10 25 70 24 30 Quensway 916 21.50 2050 2050 2600 10 90 Norcen 1683 30.25 27.00 28.10 -1 90 33.75 20 85 Quest Into 901 1 00 0 87 0 90 2 90 0.81 NAPalldm 198 5 70 5 00 5 40 8 80 3.65 Quest Oil 0 8267 2 33 228 2.31 000 3.10 1.20 NorOtiono 896 5.35 4.60 5.00 7.50 4.50 Questar 0 673 0 75 0.70 0.73 0.94 0.43 Nor Tel 22538 93.50 89.25 89.30 104 50 62 00 Quorum 201 650 600 630 7.50 5.50 Nor Tel 5p 223 24 80 24.60 24.75 25.90 24.60 Quorum 366 680 625 645 750 6.00 Norlhlldo 3207 0.95 0.75 0 95 12 2 63 0.75 Quorum 236 0 07 0 06 0 06 00 0.50 0 05 Norlhgal 10 1 01 1.01 1 01 01 1 40 0.88 Northrk 1315 1460 14 10 1425 -05 1570 805 RamPet 268 1 40 1 25 1 25 1 70 0.55 NorthstrE 26845 13.95 12 60 12.75 17.30 11.60 RGpropol 36 0 67 0 65 0 67 0 85 0 62 Norlhwayo 197 0.36 0.35 0.35 0.85 0.35 RTOEnt 327 4 90 4.30 4.30 560 2.50 Norwallgr 20 2 25 220 2.25 550 2.20 Rainmkr 5019 440 4.00 4.30 4.40 400 NovaCoip 93933 11.40 10.50 10.60 13.55 10 50 Rand a lech 910 19.25 18 50 1850 22.00 14.00 NovaClp 208 24.35 23.85 23.65 24 70 23 85 Ranger 16421 12.55 12.05 12.20 13.95 9.30 NS Power 2745 14 10 13.85 1385 1500 1205 Rayrockl 2999 460 4 10 435 1050 4.10 NSpwrap 53 25 65 2565 25.65 000 2750 25.25 Re Con Bid 10 2.88 2 88 2 88 5.00 2 88 Novagldo 5851 0.36 0.27 0 32 0 00 0 47 0.16 ReaGldo 6147 1 35 1.18 1 20 4 00 1.15 Novicourt 332 555 520 5 20 650 465 Recepto 10647 0 40 0 25 0 30 .02 1 20 0 07 Novopho 4765 1.88 1 64 1 65 05 2 34 1.40 Redaurmo 12718 028 0 19 0.21 1.55 0.19 NuGroo 419 2.70 2.40 2.45 3.25 1 04 Redekop 14 3 70 3.70 3.70 .30 3.95 3.40 NulortRo 560 1 10 1 00 1 05 1.95 0 76 Redlerno 195 1.55 1.30 1 40 3.00 1.30 Nugas 1398 255 2.30 2.40 2.95 2 00 Reilman 10 15,60 15.00 15.00 .25 16.25 12.80 Nuinsco 0 3053 2.18 1.92 1,97 .06 440 0.95 Reitman A 22 15.60 15.50 15.50 16.50 13.00 NumacEng 1500 585 5.75 580 -05 645 5.20 Rekolntl 132 635 620 6.20 -15 680 240 OGYPeteo 201 0 98 0 90 0 94 .04 1.35 0.49 Remingtn 3837 21.60 2000 20.00 25.00 5 35 OSF 755 13.25 1290 1320 .20 16 75 12.05 Renisanc 14904 40.75 37.80 38.15 51 00 3420 OcdenllPt 44 32 40 32 40 32 40 5.30 32 40 27.10 Repadre 2878 7.75 7.05 7.50 000 925 500 OcellenBI 1114 '660 620 630 10.00 620 Repapent 170976 1.57 0 50 0.55 6 45 0 50 Olfshore 0 710 1.75 1.50 1.55 -05 3.55 1.50 Reserve 4505 2 19 2 00 2 19 .09 2.70 0 85 Oiltecreso 287 1 55 1.45 1.45 2.00 0.99 RevenueP 1178 2.55 2.51 2.54 3.00 2.05 Oiympia a 0 221 0.50 0.47 0.48 0.80 0.47 RexDiao 3197 4.00 3.50 3.60 5.35 2.35 OnexCI 1312 23.70 22 95 23.45 25.50 13.10 RichlndA 316 415 400 4.00 6,00 4.00 Opal 0 1681 0.85 0.78 0 79 0.90 0.69 Richmont 380 5.70 5.45 5 50 .05 700 4.30 Opawicao 1115 1.73 1.00 1 30 400 1.00 RichtreAo 1376 515 5.00 5.00 0.00 620 3.50 Optima 0 283 3.50 3 20 3 50 .30 5 10 2.95 Rigeleng 7530 14 00 13 50 13 70 .20 16 15 11.70 Oplimumo 10 11 00 11.00 11 00 .50 13 25 7.75 RioAlgom 5501 3325 31 05 31 60 3700 2490 OraMeo 313 1.20 1.05 1.12 725 1 05 Rio Alto 6982 9.00 8.65 9.00 .20 11 00 6.50 Orbit 5700 1 04 0 98 098 -08 1 50 0.98 Rnarceao 340 5.50 5.00 5.00 6 20 3.50 Orbit 2 18 10.00 10.00 10.00 0.00 10.25 8.25 Rivet Gld 567 350 3.30 3.30 4.85 3.05 Orvanao 1358 7 90 6 10 6.90 11.20 6 80 Riverside 61 16.00 15.30 16.00 .25 19.70 15.30 Oshawa A 9051 21,70 20.70 21.50 .80 23,40 18,50 RogrsCnbl 2237 24.50 23.85 23.85 36.80 22.50 Ouromino 8940 1.65 1 32 1.40 4,50 1 32 RogersA 145 9.75 8.25 1525 8.25 0x1 Prop 1083 23.25 2225 2225 2800 4 30 Rogers Bf 18296 825 7 25 7.25 14 00 6.90 PC Does 9273 9 00 6.50 7 05 -1 70 33 00 6.50 Rolland 35 1045 1035 1045 1060 6.50 PFBCorp 20 400 400 400 0.00 450 230 Roman 100 1.20 1 20 1 20 1 50 1.01 PLOTelkO 522 8 05 7.60 7.70 12 00 6 20 Romarcoo 1036 4 20 3 80 400 000 765 3.50 Pacalla 1073 13 00 12 50 1290 1545 2 35 Rothman 59 14000 138 00 14000 000 144 00 11000 PCastA 20 3 75 3 75 3 75 30 4.35 2.92 Roxmatko 228 017 0.16 0.17 000 036 0.13 "Pat lores! 611 25 25 24 50 24 50 25 50 15.75 Ry aviation 424 2.65 2 50 2 65 0.00 3 20 2.00 vPacNlhAI 85 20 70 20 40 20.60 .20 22,70 1 7.50 Royal Bnk 53996 54.80 5060 51.00 63,00 31.70 Pac Nth 66 5 25 05 25 00 2500 25.50 23.55 Ry Bk 705 100 20 100.20 100.20 .20 101.00 97.50 Paige 0 402 0 18 0.17 017 0.58 0.14 Ry Bk 585 2900 28.10 28 10 29.50 2790 6369 031 026 029 000 0.75 026 Ry Bk 570 29.20 2800 2800 3000 2760 PalliserA 204 1 15 1 01 1 15 05 1.45 1 01 Ry Bk 365 31 00 30.55 3055 31 75 2900 "TanAmro 432 995 9.00 915 1280 7.60 Ry Bk 117 2850 27.90 2790 2925 2660 Pan East 2789 4 40 4.15 4 15 6 00 3.10 Ryl Group 2700 29.70 2750 27.50 30 75 19.00 PanAttaso 1093 1.20 1.00 1.10 1 55 0 69 RyLepgL 543 3 48 3 10 3.45 .20 4 10 1.40 PanCanP 466 56.20 55.10 55 10 60.50 46.00 Ryl Oak 2086 4.22 4.00 408 6 30 3.77 Pangea 0 1048 5.50 4.85 5.05 9 45 4 00 RoycelldO 131 3.90 3,50 3.80 05 565 3.50 Paniorma 34 0 92 0.86 0 92 01 1 35 0 85 RusselA 634 3.40 3.25 3 30 .05 445 2.75 Paperbd 94 400 3.55 400 .40 460 315 RusseIC 14 21.50 21 00 21.00 24.15 19 95 Paragon et 3 2 74 2.74 2 74 24 3.00 1 10 Ryan En 0 1036 5.75 530 5.75 .15 820 2.15 Paragon 2823 3.60 3.45 3 50 4 49 2 05 SNCIavnaf 6893 16.05 14 95 15 60 60 19 00 9 87 PaimntR 119 25 50 24 60 2505 .55 2975 1400 SRTelcom 232 5 95 530 545 1380 5.30 Parkland 49 7.00 690 6.90 820 625 StAndrwo 1819 050 0.45 0.47 0 60 027 Patheon 6448 1.70 1.55 1 64 03 2 00 1.25 St Geneve 0 2007 092 081 082 2.05 0.81 PaulinA 10 8 40 8.40 8 40 .15 8 50 7 00 SI Laurent 2196 19.00 18.00 1875 .30 23.75 16.00 Pe Ben 0 151 4 80 4.80 4.80 0.00 5 50 2.10 StLCemAI 1544 11.60 11.25 11.25 12.70 7.25 Peerless 426 1.65 1 40 1.50 200 1.00 Salixo 496 925 890 8.90 940 4.25 Pegasus 276 11.15 10.65 11 10 .25 22 45 9 40 SamaxGlo 411 6.15 5.90 6.00 .10 6.50 440 Pembndge 4149 1230 11.50 11.50 1395 6.25 SamothC 315 6 50 5 60 5 90 7.30 4 60 Pendaneo 625 20 85 18 25 18 35 -1 90 24 00 11 75 SamuelMT 754 1950 1900 1900 2300 11 25 PennWst 1324 15 50 15 15 1540 0.00 17.95 7 80 SanAndro 200 0.65 0 65 0 65 1.75 0 62 Pentlando 280 1 20 1.05 1 15 0.00 235 1 00 SFernando 700 1.10 1 05 1 05 1 65 095 Perlesys 971 2.28 2 10 210 .10 710 1 91 Santa Crzo 3108 0 8 7 0 69 0.70 2 50 0.69 PelValu 107 5 50 5 25 5 50 .05 7 75 5 25 SaskWhtB 909 17 25 16.50 16.55 20 95 13 80 PeltoCCV 30308 19.75 18 90 19.20 0.00 21 90 16.65 Saturn 1657 4.00 3.50 3.50 14 00 350 Peltobko 314 2 35 2 00 2.00 2 65 2 00 Saxon Pele 2339 0 90 0.77 0.85 1 20 033 Pelromet 4627 3.15 305 305 375 230 Scallold 950 090 0.85 090 05 200 075 Pelrolxo 189 205 1.95 1.95 305 1 95 ScelnvAl 56 12600 12200 12200 145 00 85 00 "Pelrorep 476 1 15 1 00 1.05 1 20 0.77 Schneider 27 1225 11 05 1225 .10 1350 1050 Ph'lexGI 1099 6 75 6 30 6 30 25 11 00 6.30 ShmdrAI 59 11.45 11.00 11 00 1450 1000 Philip Env 5194 20 75 18 55 19 00 -1 70 24.75 9 15 Scnliloro 2887 0 66 0 44 0 53 05 0 80 0 32 PtramxCan 14 1 80 1 80 1 80 000 240 1 30 Scintrex 125 14 00 13.50 13.75 0.00 28 75 13 00 Phnxlnll 10147 9 80 9.00 9.25 1950 8.90 Scorpiono 2434 3.30 2.35 2.50 12.00 2.35 TH Reso TLC Laser TSB Intl TSC Shn A TVIPaco TVXGold Taiga Foil Talisman Taro Ind Tarragon 0 Flavors Teck Cor A TeckBI Tecmar Tecsyn Teddy Ber Tee Comm Teklogix Teknor Tel Nt Cap Tel Eqly TelMetBI Teleglob 2 Telglb 5.40 Tmedia A I Telepanl Telesys 1 Teluiar Telus Corp Tembec A Tenke Mng Tesco Tesma A Tex Cap Thd CGInv ThomCor ThomCot 2 Thorn Cor Thundr Thundrw Timberwsl Timinco Tinlinao Tiomino Tiomin Tiverton Tombill A Tombil I Tslone Totex Pacific Rim highlights WIC shares increase Hydro has to chip in $373 million Selected closing figures Irom Friday TOKYO (yen) Curr Prev per cent from $228.2 million a year earlier. CHCH, WIC's expanding television station in Hamilton, showed "particular improvement" with a 20-per-cent revenue again. But Grossner said analysts have been disappointed with WIC's profits since 1995. He noted that WIC has "added substantially" to its cost base by becoming an aggressive buyer of national program rights for U.S.

programs. "They have a greater ability to reach the national market than previously, and they're incurring much higher costs for programming than they have in the past," he said. "They're taking a serious run at becoming a broader-based network." Whether the strategy succeeds depends on how well its program buyers fare against buyers from Baton and CanWest in Los Angeles this summer. "It's an expensive process, but if you end up getting hit shows and you attract the viewership, youll be able to capitalize." end results, the last 12 months are shaping up to be profitable for the utility, and a bonanza for the provincial government. In the nine months ended Dec.

31, 1996, Hydro's profit surged 248 per cent to $247 million from just 71 million a year earlier. Revenue jumped 7.7 per cent to nearly $1.77 billion as gains from the residential and light industrial and commercial sectors offset lower revenue from big industrial users such as pulp and paper plants. Extra water also allowed Hydro to dramatically increase its spot market electricity exports during the period, racking up sales of $135 million in the first nine months compared with only $37 million in the year-earlier period. "Residential revenue was up $52 million over the same period last year, $40 million due to colder weather and $12 million due to 28,000 new residential customers," the Crown corporation said. Finance charges fell by $80 million, reflecting lower short-term interest rates, the refinancing of $800 million of U.S.

bonds at significantly lower rates, and a lower average net debt load. Hydro is also likely to have a couple of more good years because of a large snowpack. Continued from Bl B.C. market." Although the cuts were announced after stock markets closed, they had been widely rumored and WIC's shares rose 65 cents on the Toronto Stock Exchange to close at $25.25. That's close to their highest level, set more than a year ago when WIC was the object of a hostile takeover bid by CanWest Global Communications of Winnipeg.

WIC traded in the $15 range in 1995 before takeover fever hit. Now that the threat is gone, the high price level shows "we are be-ginning to be recognized for the things we are doing," said WIC president John Lacey Festinger's last major task for WIC was to protect the company from the CanWest bid in a court case that stretched from late 1995 to last month, when B.C. Court of Appeal ruled nonvoting shares of WIC could not be converted to voting shares. WIC said its revenues for the six months were $242.8 million, up 6.4 Continued from Bl million, or about one-third, of Hydro's gross revenues in dividend payment, water rental tax, and property and other taxes," said Dick Bryan, manager of energy and environment at the Council of Forest Industries of B.C. "It's far higher than any other province." The government said in the last budget that Hydro is going to have to chip in $373 million to government's general account the pool that all government programs are paid out of.

That dividend is nearly $100 million more than Hydro paid in 1996-97 and more than three times what it paid in 1995-96. The dividend excludes other payments made by Hydro, including water rental and property taxes. "The order-in-council will not have an impact on residential electricity rates because of the rate freeze but there is potential for an increase in rates after the freeze expires March 31, 1999," said. B.C. Public Interest and Advocacy Council executive director Dick Gathercole.

"But in the meantime it likely will generate extra revenues for the government." Although Hydro hasn't released its year- Sankyo 3260 3250 SanwaBank 1190 1150 Sanyo 456 448 Seik'SUi 1110 1100 Sharp 1500 1540 Shionogi 778 763 ShiseidO 1570 1560 Skylark 1600 1560 Sony 9050 9050 Stanley 529 516 Sumlomo Bnk 1220 1190 Sumitomo Chm 494 478 Sumitomo Cp 843 791 Sumitomo Elc 1720 1 710 Sumitomo Tsl 850 846 Taisei Cp 4053 403 Takeda 2810 2800 Tanabe Sei 850 840 TDK 8930 9040 450 451 TokoMar 1190 1160 Tokyo Elec 2100 2120 Toppan 1510 1470 Toray 744 725 'Toshiba El 713 703 Toyoda Mach 1030 1000 Toyota 3400 3370 Yamaha 1009 1120 Yamaichi 304 300 Yamanouchi 2570 2570 Yamolo 1210 1200 Yaskawa 335 349 Yasuda 577 550 Yokoqowa 835 820 HONG KONG (HK dollar) Bk EastAsia 26 25 26 05 Cathay Pac 11 95 12 00 Cheung Kong 65.50 64 75 China L'ght 3530 34 50 Hang Lung Dev 1425 14 25 HangSeng Bk 81 50 79 75 HonkKElec 2750 2755 HongKTelCOiH 1365 13 35 HSBCHoldmgs184 00 181 00 HutchnWhmp 56 75 56 00 New World Dev 40 80 40 30 SunHung Kai 77 75 76 50 Sw'ie Pad 60 25 60 00 Wharl Hold 31 90 31 70 Wond Intl 1680 1680 SYDNEY (Australian dollar) Amcoi 7 91 8 04 ANI 1 46 1 47 ANZ Bk 7.74 7 80 Ashlon 1 97 2 00 BHP 16 79 16 94 Boral 367 3 69 Brambles 21 85 21 55 CCAmall 1392 14 06 Central Pac 7 90 7 55 Coal All 9 50 950 Coies Myer 5 96 5 96 Ccmalco 622 635 CRA 18 45 1860 CSR 466 4 70 ERA 610 600 FAI 066 068 Fosters 255 258 Goodman 1 67 1 67 HardieJ 367 367 I Least 22 80 22 75 Lpghlon 5 25 5 33 MayneN 767 7 76 MiM 1 65 1 68 NalAust 16 04 16 1 0 News Corp 5 77 582 Normandy 1 62 1 65 North BH 421 4 21 Pac Ouniop 3 16 319 Pioneer 423 4 19 Piacr Pac 1 48 1 54 Quotas 2 58 2 55 RGC 4 66 4 80 South Pac 325 304 Santos 4 75 4 71 Weslpac 6 55 6 66 WFeid 21 01 21 10 WMC 7 85 8 02 WoodsidS 9 45 9 25 965 956 Alps 1400 1380 Amada 882 864 Amlsu 1340 1320 Asahi Chem 663 644 AsahiGias 1090 1070 BK ol Tokyo-M 1790 1760 Banyu 1920 1920 Bngeslone 2570 2520 Brother 447 419 Canon 2890 2820 Casio 855 861 Dai Nippon 2180 2110 649 545 Dai-lclnKan 1170 1140 Daiwa House 1380 1340 Daiwa Sec 719 724 Descenle 516 516 E'Sai 2210 2190 Fanuc 4160 4080 Fuii Bank 1230 1220 FuiiElec 479 479 Fuii Photo 4210, 4170 Fuisawa 989 980 FuiHsu 1290 1290 Green Cross 426 425 Hewa Real 564 555 Hlachi 1150 1120 Honda 3770 3780 Indus Bank 1090 1090 IsiiflJ 456 456 Ito-Yokado 5700 5680 Itochu Corp 584 577 Iwalsu 296 296 Jaccs 522 545 JAL 460 450 Jusco 3670 3680 Karma 489 490 Kansai 2080 2040 KAO 1310 1310 Kawasaki Hvy 502 495 Kawasaki Stl 357 355 Kitifl 967 Kokusii 1770 1790 Komatsu 875 889 Kubota 620 510 Kyocen 7420 7430 Mskino 812 807 Makita 1670 1630 Maiuboni 467 465 Matui 1740 1710 Malsushita 1970 1980 Mazda 362 360 Mnebea 1050 1050 Mlsu Heavy 805 811 MlsuChem 352 350 MtsuElec 710 690 M'tsu Corp 1070 1050 Mlsu Trust 1100 1030 tsu Estate 1430 1370 Mitsui 1340 1290 Mitsui Real 915 901 Mlsukoshl 616 623 NEC 1520 1510 NK 261 265 N0 592 610 Nkon 1810 1830 Nnlendd 9250 9230 npon 832 830 Niiponflil 515 490 upon Seiko 682 668 npon Shimp 338 355 Nippon SI 360 359 Nan 731 754 NUuko IW6 665 Nomura Sec 1190 1160 NIN 600 591 NTT 669000 868000 Oki Else 640 640 Okumi 962 950 Oiymptis 99 993 OmionCoip 210 2170 P-onw 2280 2240 Renown 225 210 cotl 1470 1470 Bamboo network fairly new notion Tower finished in '69 Continued fromBl square feet of space, was completed in 1930. The 23-storey Guinness Tower, completed in 1969, has 260,000 square feet of space while Oceanic Plaza, built in 1977, has 25 floors and 316,000 square feet. OMERS Realty, the real estate arm of the Ontario Municipal Employees Retirement Society, bought a 33-pcr-cent interest in the three Vancouver office towers in 1990 and increased its stake to 58 per cent in 1993 by purchasing a 25-per-cent interest from Confederation Life. By acquiring Confederation's remaining 25-per-cent interest in the properties this week, OMERS Realty now owns more than 83 per cent of the buildings. The remaining 16.67 per cent is controlled by Princeton Developments Ltd.

OMERS Realty representative Rob Churcher said the company was pleased to increase its holdings in the three properties. "We have experienced increases in value and increases in rent in the buildings and it's a nice position for us to have in downtown Vancouver." I long Kong, Taiwan, Singapore and China after centuries of Chinese heroes who have been political leaders, scholars or artists. Wong and Hamilton said another change that has accentuated the rise of the bamboo network is a changing migration pattern. Prior to the middle of this century, Chinese migrants were almost exclusively young men who went abroad to study or work. Now, the migrants are whole families and Wong said this has changed the notion of home base.

In the past, Chinese men returned "home" to their villages after gaining wealth in North America, Europe or elsewhere in Asia. "In the past, returnees did not propel the industrialization of China," said Wong. "They went back and displayed their wealth." Now, he said, overseas Chinese go back to invest, not necessarily to live there and not to spend money to gain prestige. "Guangdong to them is an economic frontier," Wong said. "Chinese investment in China is no longer clouded with former attachments.

There is now a psychological distance." Continued fromBl or appreciate the idea of reciprocity and because of that they aren't widely accepted. Although the network is a relatively new notion partly fostered by various business schools as a means to describe the new ways of doing global business, Hamilton said the Chinese network has grown out of longstanding links of family, kinship, village neighbors and regional linguistic group. But he said now it carries the added economic dimension that has resulted from Chinese entrepreneurs moving beyond small and mid-sized business to creating worldwide empires such as the one Li Ka-shing has built. Wong Siu-lun, director of the Centre for Asian Studies at Hong Kong University, agreed that the Chinese network is a recent notion. But he linked it to a "revision, an attempt to reinterpret of Chinese history and the role of merchants." For the first time, he said there is a Chinese bourgeoisie and a respected merchant class after years of economic stagnation.

The result, said Wong, is that successful entrepreneurs such as Li are the new cultural heroes in.