Fort Collins Coloradoan from Fort Collins, Colorado • 48

Money watch Auto loans A I TT 7E7 i Loan rates at selected Fort Collins institutions: Business New Used 60-month 1-4 years old Bank One 85 8 75-9 5 Colorado Savings Bank 87-92 8 9-97 FirstBank of Northern Colo 90 90 First National Bank 7-9 75-105 Key Bank of Colorado 8 5 -125 925-13 Norlarco Credit Union 825 775-825 Norwest Bank 85-9 8 5-9 Poudre Valley Bank 85 775 -975 Union Colony Bank 8 8-105 Rates am subject to change Terns may vaiy ask lender tor mlormanon Some rwmutwns may have lees or application charges other tum-of-the-century downtown buildings Supposs said want to try to make the building appear as a downtown building so it kind of expands the downtown area he said Avert raised $43 million from its initial public offering However Supposs said the IPO funds will be used for the new building Construction is scheduled to start in March since 1973 Supposs said Ve wanted to expand and stay said Supposs who leases 5000 square feet in the Kissock Block 117E Mountain Ave just couldn't find anything to rent there wasn't enough space Supposs said the company will grow from 25 employees to 35 when it moves to the new building probably next November Architects are planning to make the building in the style of quarters in downtown Fort Collins Avert which currently leases downtown office space has purchased a vacant kit at the southwest comer of Remington and Olive streets The company has drawn plans for a two-story 15000-square-foot building Avert President Dean Supposs said Friday Avert started in 1986 is a nationwide provider of information for employment background Company buys land downtown for building By ROBERT BAUN Coloradoan Fort Collins-based Avert Inc issued stock in June i Next year Avert plans to go public again when it builds a new $12 million national head TV tower gives region access to Fox shows By ROBERT BAUN Source Coloradoan research checks The company has grown quickly in recent years and is setting up regional sales offices next month in Missouri Illinois Texas and the Pacific Northwest Averts downtown kit once was home to a Presbyterian church and two private residences However the land has been vacant Stock Market up $366 to $903 as investors tried to take advantage of the offer Amgen shares fell 183 cents to $568712 The purchase price is a fraction of the $73 per share Synergen shares brought on the market in 1992 before a series of setbacks with Antril But analysts said the deal offers Synergen the security it now lacks Tlw Cdoiadoan Denver television station KDVR Channel 31 an affiliate of the Fox Network has started broadcasting its signal into Fort Collins from a television tower in Weld County The new signal can be received in Northern Colorado and parts of Southern Wyoming on KFCT Channel 22 At first Channel 22 merely will pass on the KDVR signal But the new station licensed as a 5-million-watt full-power station could eventually provide local programming for Northern Colorado a KDVR official said Friday the road we will explore local programming and local commercials" said John promotions manager for KDVR The new signal also comes in time for Fox broadcast of the Denver Broncos-Atlanta Falcons game OTaughlin said Fox outbid the CBS network earlier this year to broadcast National Football League games In addition to NFL football Fox is known for shows such as StorageTek making changes in jobs LOUISVILLE Storage Technology Corp plans to rede-' ploy or lay off up to 700 workers between now and the end of 1995 to adjust to changing business conditions The job changes are required because the computer data storage manufacturer planning to introduce as many new products next year a company spokesman said Hach Company sees income rise i Loveland-based Hach Com-j pany on Friday reported a 16 per cent increase in second-quarter income compared with the second quarter last year Hach 1 earned $242 million up from $209 million last year Net sales for the six months ended Oct 29-1994 were $51154000 Net sales for the first half of the prior fiscal year were $49620000 Fort Collins woman appointed to panel Gov Roy Romer has appointed I Fort Collins resident Caroline Blackwell to the Colorado Oil and Gas Conservation Commission Her term expires July 1 1998 i Coloradoan staff and news services Business Hills 90210" Place" Simpsons" with Children" and The X-Files" 1 CLaughlin said the new signal could affect about 75000 households in the area that either have cable or have an extra television set without cable The entire market for Channel 22 is about 130000 homes said The Channel 22 tower is in Pierce about 20 miles northeast of Fort Collins KDVR Channel 31 already is received by about 32000 homes in Fort Collins that subscribe to Columbine CableVision However the new station also sets up the chance for a television advertising clash in Northern Colorado certainly going to be competition at some point for local advertising dollars" said Bob Carnahan general manager at Columbine CableVision I think great going to end up with local broadcast crude oil ever imported The Commerce Department said the September deficit was 46 percent higher than in August While imported goods dipped a tiny 01 percent from record level US merchandise exports fell more rapidly by 13 percent Boulder-based Synergen September trade deficit soars By The Associated Press WASHINGTON trade deficit worsened to $1013 billion on track for the second-worst year ever Negative records in September included the biggest one-month deficit with China and the most barrels of I Amgen buys By The Associated Press DENVER Amgen the largest biotechnology com- pany moved Friday to bolster its research programs by announcing plans to buy troubled rival Synergen Inc for $2396 million The $925 per share acquisition would solve Boulder-based financial woes which were compounded last summer when it ended testing of its drug 55-16 36V 1S32 17V 26 9 17 16 9' 6V V4W CCp 4 B' 17' 37-16 1716 6V 78 94 9' in 116 36 20 344 46V 9V 1 Vtfi 15' 20 1M 3916 60V ib 9 9 46S 9' 4V f' 17 116 6V 3V 14 6V 78' 27 34316 9 174 ConsXMT 4 7161 Cp Orffc 306 QSCs VlfijOetCpr taps '3nQotTn Chpas EtArt 1116 Eread CtWSK CftmSh Owes '-i CMtel ChpsTc )i6 Own Cns Qkoi Cams vCncsps I MV 19' 71 39:6 60 I Antril to fight blood infections because it working The deal illustrates a growing trend in the biotech industry which has seen hundreds of small companies suffering from a financing crunch after disappointing test results Some have taken on partners while others have sold out to larger companies beleaguered stock jumped 68 percent on the Nasdaq IVif crtHd FFYffl FTPS! FjnGi ftNto dreecCp 7' 6 214 rtrtfins 06 Cns irolil u2v nfit 274 uM 6' 7 5 16 1116 25' 2V 2 13132 2V I rM 3 reG i rtSond JPFood IP Kdrte iClrts 23V 5lDC6s 22V 116 tcesO 5 W2 1506 )t Gitft H0Os MreThei ft 2' xni6 Vi mi 42S32 4916 Market in brief Friday Nov 18 1994 DOW(lndustnals) NYSE Mmt 5V AuccM o39 14V BMC SI 44 906 BwNtot 26 itogen BosChs 17V M9 fiv ftuw CTEC8 1A CC 6' OTC ICIR (Aft NasSK se CnsSflf 2 pm MOT Ft BdtfC Mn I uwaow SB Na tfurps ton pews dose Sort A Chg I taMW 16V 1 AdoOeS i Mbs 12' Hlltt i Xv BJ 1" APwCte 17V 17 5 7 AxkC StV StV Ansi 9V A fee 15 ted i 3tVi S' Trb jcixs Samed tolSeapB nw SicrM V't 50V S' 31V 20 IB Sweep 8' 4i specTtfi )V4 eget MV -2v SearSv 1C 'I sa3d 3132 n16 31 Vbte5 34 Counter Stocks of local interest American Stock Exchange NEW YORK (AP) Fn-day national pnees tor American Stock Exchange issues Over The Money rates NEW YORK (AP) Money rales (or Fnday as reported by Telerate Systems Inc Telerate interest rate index 5 860 PnmeRate 8 50 Discount Rate 4 75 Broker call loan rate 7 25 Federal funds market rate High 5 50 Low 5 4375 Last 5 4375 Certificates of Deposit Primary 30 days 4 24 90 days 4 64 180 days 5 08 Certificates of Deposit by dealer 30 days 5 58 60 days 5 87 90 days 5 91 120 days 6 06 150 days 6 15 180 days 6 22 Treasury Bill auction results average discount 3-month as of Nov 14 5 29 6-month as of Nov 14 5 72 Treasury Bill annualized rate on weekly aver age basis yield adjusted for constant maturity 1-year as of Nov 14 6 42 Treas Biiimarket rate 1-year 6 24-6 22 Treas Bondmarket rate 30-year 812 Fannie Mae 30 year mortgage commitments 30 days 9 27 60 days 9 35 XClLtt i ii? 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