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Permanent Link: http://ufdc.ufl.edu/UF00084249/02975
 Material Information
Title: The Tribune.
Uniform Title: Tribune. (Nassau, Bahamas).
Alternate Title: Nassau tribune
Physical Description: v. : ill. ; 58 cm.
Language: English
Publisher: Tribune
Publication Date: 8/24/2007
 Subjects
Genre: newspaper   ( sobekcm )
Spatial Coverage: Bahamas
 Notes
General Note: Description based on: Vol. 79, no. 210 (Aug. 3, 1983); title from caption.
 Record Information
Source Institution: University of Florida
Rights Management: All rights reserved by the source institution and holding location.
Resource Identifier: oclc - 09994850
oclc - 9994850
sobekcm - UF00084249_02975
System ID: UF00084249:02975

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MIGHTY
WINGS


I'm lov t
I"'m Iov' I,


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LOW 79F

J*\ SUNNY
AND HOT


The Tribune

#1 PAPER IN CIRCULATION


Bhe Aiami AS EDIT
BAHAMAS EDITION


WAKE UP!

New Cinnamon Roll


Volume: 103 No 227


FRIDAY, AUGUST 24, 200


Company to work

with 114 Bahamian

staff to 'secure

other employment

opportunities'


* By KARIN HERIG .
Tribune Staff Reporter
kherig@tribunemedia.net
AFTER more than 40 years in
business in the Bahamas, one of
this country's largest exporters,
the Bacardi company, will .close
its doors on the Nassau facility in
early 2009.
The company, which employs,
114 Bahamians, yesterday
announced it plans to undertake a
phased shut-down over the next
year and a half. Bottling opera-
tions will cease first, followed by
distillation and then aging.
All operations will eventually
be transferred to Bacardi's prin-
cipal rum production site in
Cataflo, Puerto Rico.
Speaking with The Tribune yes-
terday, Minister of State of
Finance Zhivargo Laing said that
although this is a regrettable deci-


sion for the Bahamas, he is
pleased that the company made
the effort to address the situation
of all its employees.
Bacardi said yesterday in a
press statement that it will work
with its employees to secure oth-
er employment opportunities
within the Bacardi Group or out-
side of the company.
"Employees will be offered
severance packages and out-
placement employment services,"
Bacardi said.
Mr Laing yesterday explained
that Bacardi informed Prime
Minister Hubert Ingraham about
the pending closure a few weeks
ago, but asked him not to make
the announcement public until
Bacardi had a chance to inform its
employees and make arrange-
ments for them.
SEE page eight


IF THE new government
does not honour tihe Heads of
Agreement signed with
Albany developers under the
PLP administration within the
next two months, the $1.3 bil-
lion project in the southwest
of New Providence will likely
have to be scrapped- costing
the country a loss of $2 billion
in economic benefits and
almost 3,000 jobs.
Speaking with The Tribune
last night, managing partner
in the project Christopher
Anand said that Albany made
various commitments with the
expectation of being able to
open in two years.
He said that the developers
can only make that 2009 dead-
line if they begin construction
in the next two months.
"This project either has to
get going immediately or there
won't be one and that would
be a crying shaie for every-
one." Mr Anriand said at a
heated town meeting about
the project on Wednesday
night.
The Albany project, which
was negotiated and signed by
the previous PLP adriiniistria-
tion, encompasses some 500t
acres which will include 450-
600 residences; a small hotel:
an 18-hole championship golf
course; a nmarirra, berths for
yachts up to 240 feet: ran
equestrian centre; and a bench
club.
Partners in the deal include
Park Ridge Securities, the
Tavistock Group and world-
famous golfers Tiger Woods
and Ernie Els.
The re-routing of the South-
west Road will be necessary
to create this private and

SEE page eight


MINISTER OF Works Earl Deveax speaks at Wednesday night's town
meeting as managing partner in the Albany project Christopher
Anand (right) looks on.


Chairman of Hotel Corporation

tenders her resignation to govt


* By BRENT DEAN
Tribune Staff Reporter
bdean@tribunemedia.net
THE NEW Chairman of the
HItel Corporation has tendered
her resignation to government in
an attempt to avoid the appear-
ance of a possible conflict of inter-
est regarding the company with
which her husband works. The
Tribune has learned.
Mrs Marjoric Johnson. who ran
unsuccessfully for the South
Andros constituency in the last
election, was appointed chairman
of the Hotel Corporation on July
I when government announced


its full list of statutory boards and
committees.
Mrs J6hnson's husband. Clif-
ford Johnson is the managing
partner at the financial firm Price-
waterhouseCoopers (PWC).
which is an auditor of companies
in which the Hotel Corporation
has an interest.
One of these companies is the
Mayaguana Development Com-
pany, which has a 50-50 joint part-
nership with the Hotel Corpora-
tion and the 1-Group. The Tri-
bune has also learned that PWC's
US office in Ft Lauderdale was
SEE page 10


Expelled airport union executives
claim vote to remove them was illegal
* By BRENT DEAN
Tribune Staff Reporter
bdean@tribunemedia.net
THIIREE expelled executives of the Airport. Airline and Allied
Workers t Inion maintain that Wednesday's vote to remove them was
illegal and that they have the majority of the support of union members
despite losing their positions by more than 200 votes each.
Secretary-general of the AAAWU Anthony Bain held a press con-
ference yesterday at the House of Labour, accompanied by Treasurer
Susan Palmer and Trustee Fredricka Baker, who will all lose their
positions once the department of Labour certifies the vote held on
Wednesday.
The unofficial count of the ballot seeking to remove the officers
reveal, 244 members voted for Mr Bain to be removed, with seven in
support; 244 voted for Ms Baker to be removed, with seven in support:
SEE page 10


Man discharged

of murder after

prosecution

closes its case
* By DENISE MAYCOCK
Tribune Freeport Reporter
FREEPORT Haitian Nixon
Zephir was discharged of murder
in the Supreme Court on Thurs-
day after the prosecution closed
its case because of insufficient
evidence against him in the death
of his former wife.
However, as Zephir was escort-
ed by police officers from the
courtroom he was confronted
with much hostility from his for-
mer in-laws who were very upset
at the outcome of the case,
"You know you killed her!"
shouted the victim's sister who
had to be restrained by two police
officers from attacking Zephir,
who was then taken back inside
the courtroom following the com-
motion.
Zephir was on trial for the mur-
der of his former wife, Anne
Thompson, 27, of Hanna Hill,
Eight Mile Rock.
Her body was discovered hang-
ing in the bathroom of her home
on October 3. 2005.
SEE page 10

Woman alleging
assault by police
officer is suing
force members
and the AG
* By TANEKA THOMPSON
A WOMAN who claims she
was assaulted by a police officer is
suing members of the police force
and the attorney general for vio-
lating her constitutional rights and
exceeding their authority.
A writ of summons filed
August 14, 2007 at the Supreme
Court lists Shirley Newton as the
plaintiff and the Commissioner
of Police, the Attorney General,
Constable Taveres Bowleg and
three other officers at the Grove
Police Station as defendants.
The document states that the
plaintiff was "wrongfully impris-
oned" and "detained" for nine
hours on August 18. 2006 after
she reported an alleged assault
by her ex-bovfriend. PC 560
Tavares Bowleg who is stationed
at the Grove Police Station.
According to the summons, Ms
Newton ended the relationship
between herself and Constable
Bowleg in February 2006
Officer Bowleg was scheduled
SEE page eight


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PAGE 2 FRIDY, AUUST 2, 200CTHE RIBUN


Benefit planned for Peru victims



SOrganisers hope to raise


funds for earthquake areas


A SURVIVOR of the eartnquaKe works In nis aestroyea nouse in san
Clemente, 150 miles south of Lima on Tuesday


PERUVIAN citizens living
in the Bahamas have teamed
up with a group of Bahamians
to hold a mini fair at Fort Char-
lotte this Saturday to raise funds
for earthquake victims in Peru.
Last Wednesday, a devastat-
ing earthquake measuring 8.0
on the Richter Scale hit the
south-central region of Peru
leaving cities and towns in ruins.)
Subsequent smaller quakes


wreaked even greater havoc
and towns like Ica and Pisco,
just south of Lima, the capital
city were almost reduced to
rubble. Hundreds have been
reported dead and many thou-
sands are missing, wounded or
homeless.
"The devastation in our
home is very serious," said
Rosa, a Peruvian national who
works as a live-in-maid in the
Lyford Cay area. "Many peo-
ple need medicine and their
homes have been shattered.
We need to send them help as
soon as possible."
The Committee for Peru-
vian Earthquake Relief is
spearheading the relief efforts
and Saturday's mini fair will
feature many Peruvian and
Bahamian treats and delicacies.
"Community response has
been tremendous," said com-
mittee chairperson, Theresa
Moxey-Ingraham. "In fact, we
are more than pleased by the
level of support and generosi-
ty shown to this group of peo-
ple. Saturday's mini-fair is
meant to give the wider com-


munity an opportunity to
come out and show solidarity
with fellow human beings who
are experiencing distress."
The Peruvian community in
the Bahamas is diverse and
can be found across a wide
cross section of Bahamian
society. "We can be found in
all sectors, from education,
domestic work, engineering,
finance, mechanical and tech-
nical, food service, jewelry and
the garment industry," said
Delfin Bustamante, a Peruvian
fibreglass expert who is mar-
ried to a Bahamian. "For the
most part, Bahamians have
always been fair and friendly
towards my people and we
know they will help us in this
time of need."
A special account has been
opened at the Palmdale
branch of the Royal Bank of
Canada.
All monies raised will be
passed on to an international
aid agency such as the Red
Cross or the Salvation Army
for transmission to relief agen-
cies in Peru.


Bahamas featured in


The Chicken





Cordon Bleu!

We've Added French Accents to Our Classic Chicken.






N! -'r






.r...... .













I







Cheese dressed with Tangy Honey

Mustard on top of our Tender.
Center Cut Chicken.


I i n


e to
ling
and
eight
ons
ised
ella
of
who
The
at-
ver-
on
ing
the


package, while video footage
of February Point Resort and
the turquoise waters of the
Exumas were screened.
"This promotion was an ide-
al opportunity to verbally and
visually communicate the
beauty of The Bahamas to
millions of potential visitors,"
said Vernice Walkine, direc-
tor-general of tourism. "These
types of Ministry of Tourism
initiatives, along with the
Bahamas Weather Confer-
ence, bring our destination
into homes around the world."


0 In brief

Numerologist
predicts bad
times ahead
for Christie
FORMER Prime Minister
Perry Christie is on his way out
as PLP leader, well-known
numerologist Jerome Carter
predicted yesterday.
The man who warned Mr
Christie not to call a May 2 elec-
tion because the numbers were
against him told The Tribune:
"Christie's chin is on the floor
right now."
He said a woman could
emerge as main challenger in
the PLP leadership chase and
that Mr Christie had "no
chance" of holding on.
US-based Mr Carter also pre-
dicted that the PLP's election
court challenges would fail and
that possible health issues could
prevent Mr Hubert Ingraham
completing a five-year term as
prime minister.
"Everything I have predict-
ed for the Bahamas has come
true," said the man who
believes everything can be fore-
cast through numbers.
He said: "I have nothing
against the PLP. I love them,
but it's just the way it is."
As an aside, he also predicted
some bad weather for the
Bahamas in mid-September.
"Nothing devastating, but you
may want to be out of town," he
said.

Dean fails to
trigger pool
for disaster
insurance
* PUERTO RICO
San Juan
HURRICANE Dean will not
trigger an insurance pool set up
this year by Caribbean coun-
tries and the World Bank that
provides emergency cash to
islands in case of natural disas-
ter, officials said Wednesday.
The hurricane, which killed
at least 20 people across the
region and did extensive dam-
age to bananas and other crops,
failed to surpass wind speeds
and other thresholds to prompt
payments from the disaster pool
established in February, accord-
ing to fund supervisor Simon
Young.
Jamaica, which sustained the
brunt of Dean's destructive path
in the Caribbean, came close to
being hit hard enough to receive
payouts from the Caribbean
Catastrophe Risk Insurance
Facility.
"Had the storm been 30 miles
to the north that would have
triggered immediate payment
in Jamaica," Young said from
the Washington office of
Caribbean Risk Managers Ltd.,
which oversees the insurance
program.
The fund, which the World
Bank says is one of a kind, lets
countries pool their risk to
reduce individual premiums by
40 percent. Nations pay annual
premiums from $200,000 to $2
million, and in return are eligi-
ble for disaster payouts of $10
million to $50 million.
Young said the 15-nation
Caribbean Community and the
British Atlantic territory of
Bermuda purchased deductibles
that were fixed to pay out for a
20-year hurricane or earth-
quake. "By our estimation,
(Dean) was a one-in-10 year
event," he said.







The W
-Way
Test
of things we
think, say or do
1. Is it the TRUTH?
2. Is it FAIR to all
concerned?
3. Will it build


GOODWILL and
BETTER
FRIENDSHIPS?
4. Will it be
BENEFICIAL to
all concerned?
www.rotary.org

TRP CALn
[EXTERIMINA RS
IET ONRO
PHNE I 225


US TV promotion
FOUR million TV viewers in
the US were exposed to the
attractions of the Bahamas in a
promotion which saw one lucky
family given a six-day vacation
to the Exumas.
The prize was presented by
CBS television weatherman
Dave Price during "The Early
Show's" August 9 live broad-
cast from US monument Mount
Rushmore, to the astonishment
of Guy DiBenedetto, a South
Dakota law enforcement agent
who assumed he was there to
provide security during filming.
The promotion had been
organised by the Ministry of DiBenedetto's wife wrote
Tourism, The Out Islands Pro- "The Early Show" explain
motion Board and February why her overworked husb
Point Resort, deserved a six-day/five-ni
DiBenedetto stood quietly in vacation to The Exumas.
the background until he was Flanked by two generate
approached by Price to open an of DiBenedettos, Price pas
envelope containing the name the microphone to Mart
of the winner of CBS' summer- Matthews, a Ministry
long "Great American Vaca- Tourism spokesperson, w
tion" promotion. conveyed the beauty of
. DiBenedetto was visibly sur- Bahamas to the show's
prised to discover his name ,home audience, which a'
inside the envelope and was elat- ages nearly four million.
ed to immediately find his wife Matthews appeared
and children surrounding him. camera with snorkel
For entry into the sweepstakes, equipment and details of


* .-~ -


--


THE TRIBUNE


PAGE 2, FRIDAY, AUGUST 24, 2007






FRIDAY, AUGUST 24, 2007, PAGE 3


THE TRIBUNE


LOA NW


@In brief

Group of
robbers steal
car and cash
from two men
TWO men were robbed of
jewellery, cash and the vehi-
cle they were travelling in by
a group of masked men early
on Thursday morning, police
report.
According to police press
liaison officer ASP Walter
Evans, the incident occurred
shortly after midnight.
Two men were reportedly
walking towards their vehi-
cle in a parking lot on East
Bay Street when they were
approached by four masked
men. .
The two men were report-
edly robbed of cash, jewellery
and a red 2001 Mitsubishi
Mirage.
The robbers were said to
have made their escape in the
vehicle and were seen heading
east on Dowdeswell Street.

Man accused
of causing
grievous harm
to young girl

A MAN accused of caus-
ing grievous harm to a young
girl was arraigned in Magis-
trate's Court yesterday.
According to court dock-
ets, it was alleged that on
August 18, Leroy Leslie, 27,
of Claridge Road caused
grievous harm to Daniqua
McIntosh.
It was alleged that McIn-
tosh, 12, was struck by a car
while walking with a group
of people.
According to prosecutors,
she has been released from
hospital after being treated
for injuries to her face and
legs, which were diagnosed
as serious but not life threat-
ening.
Leslie was arraigned before
Magistrate William Campbell
at court nine in Nassau Street.
Leslie pleaded not guilty to
the charges and was granted
bail in the sum of $4,000 with
one surety. The case was
adjourned to January 15,2008.


Dispatchers are



accused of failing



to send ambulance


* By TANEKA THOMPSON
THE Emergency Medical
Services department at Princess
Margaret Hospital is investi-
gating claims that a dispatcher
failed to report an emergency
call to ambulance drivers, hos-
pital personnel say.
It is claimed that dispatchers
hung up on a caller and failed to
send help despite eight ambu-
lances being parked at PHM at
the time.
At around 4.30am yesterday,
a delivery driver suffered an
accidental fall and broke her
arm while on the premises of
The Tribune.
Clement Chea, a supervisor
in the distribution section of
newspaper, rushed to the aid of
his injured colleague.
Because of the precarious
angle at which her arm was
bent, Mr Chea was afraid to
move her lest he cause further
injury, so he called 9' 1.
"I called the ambulance (dis-
patcher), I told them where we
were, and they said we'll send
somebody in a few minutes.
Mind you I could stand on
Shirley Street and see the
ambulance them. So about five
minutes went by and I realized I
(hadn't) see any ambulance
lights cutting on. . so I called
again to find out why it was tak-
ing so long."
Mr Chea claims the dispatch-
er informed him that he had to
wait a few more minutes as he
had just placed the call.
Frustrated, he "ran" to the
EMS lounge at PMH located
across the street from The Tri-
bune offices. According to Mr
Chea, he saw "eight ambu-
lances" parked at the hospital.
He claimed he knocked
repeatedly on the door of the
EMS lounge before a hospital
employee answered.


AMBULANCES PARKED at PMH yesterday morning, about 20 minutes
after an emergency call was made by a Tribune staff member


"I asked him, 'did you get a
call from dispatch about the
accident up the street?' He said
no, so I explained what the sit-
uation was and lie said give me
ia minute, I'll get someone to go
down there for you," Mr Chea
said, adding that around 20 min-
utes had passed since his co-
workers" accident.
He claimed that he waited
another 15 minutes but no EMS
workers came to assist him.
Irate, he called dispatch again to
see if a call was ever made to
ambulance drivers.
"So she started to tell me well
maybe I need to call Doctor's
Hospital... if 1 couldn't wait. I
said 'miss why should I have to
call Doctor's Hospital when I'm
standing here counting eight
ambulances standing here doing
nothing'.. I said 'miss you got
to be crazy.'" Mr Chea said.
He further claimed that the
dispatcher and her supervisor
refused to give him their names.
He claims the dispatch oper-
ator then "hung up" on him but
coincidentally. an ambulance


arrived in the EMS parking lot.
The driver reportedly told Mr
Chea that under hospital policy,
unless drivers receive a call
from dispatch they are "not sup-
posed to leave this yard."
However, acting on personal
initiative, the driver made the
short drive to The Tribune
building to transport the injured
employee to PMH.
Paul Newbold, director of
Emergency Medical Services at
PMH, said the matter was
brought to his attention in a
management meeting yesterday
but until he speaks "face to face"
with the dispatchers in question,
he could not comment on the
specifics of what happened.
According to Mr Newbold,
PMH has 10 ambulances that
work on a rotation schedule, so
that when some vehicles are on
duty a reserve supply is kept in
the lot until the next shift change.
He added that a "good rap-
port" with the Bahamian public
is a priority for EMS and
assured The Tribune that the
matter would be investigated.
TOYOTA COROLLA I


A ,.A...d~ .h.* kd. -. -.



III


i
WAR iEw 1:10 3:45 81 81 30 10:58
THE ANNY DIARIES NEW 1:5 3:40 W/A 9 825 1 40
THE INVASION 1 1:15 35 /A 5:615 835 10:55
SUPERBAD C 1:0 335 /A : 820 10
THE LAST LEGION 8 1:1 328 /W 6:5 8:30 10:45
SKWIWALERS T 1:05 330 N/A 825 1050
RUSIIHOUR3 C 1:20 345 N 6,18 8:40 10:55
DADOY OAYCAP 8 1:15 335 F 515 835 10:35
STARDUST T 1:30 A A 7:9 W 10 3
THE BOUREIEUMATUI C J.1: L/A f 20 1:45
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THESIMPS MOMI I 1:1I 2:50 4:41 0 8 130 10:30

JSEYOURECARTOESERVETCI ETS'AT' 80-3649 )R W GALEE ACINEMAS.CM_
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RUSHHOUR3 C 1:10 3:35 /I 6:05 8:40 10:35
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THE TRIBUNE


PAGE 4, FRIDAY, AUGUST 24, 2007


AUSTOTHEEDITOR


IN THIS COLUMN yesterday we went down
memory lane with a presumptuous PLP scribbler
to explore the mind of the late Sir Etienne
Dupuch, publisher/editor of this newspaper for
more than half a century. The website scribbler
was.pretending to explore the mind of a man he
never knew and if he had it was a mind he
could never have understood because it was too
lofty for him to fathom.
Again we invite our readers- those who
have a copy, which is now out of print to turn
to page 118 of "Tribune Story", a book written
by Sir Etienne in the early sixties, so that we
can follow PLP Scribbler on his fruitless mis-
sion fruitless because Scribbler is out of touch
with the times in which "Tribune Story" was
written.
The following is the paragraph that PLP Scrib-
bler quoted to prove that Sir Etienne would have
disapproved of the appointment of Mr John
Marquis as Managing Editor of The Tribune.
Wrote Sir Etienne:
"We have always urged that our leaders
should try to keep local agencies of propaganda
in truly Bahamian hands, not that we are per-
sonally concerned today about 'foreign' compe-
tition, we can handle it; but I have always felt that
a newspaper in the hands of strangers might not
be in the best interest of our country."
Now PLP Scribbler's commentary on this para-
graph:
"What a difference a day makes. The Tri-
bune has purchased The Guardian and they have
a foreign editor, Mr John Marquis. Sir Etienne
Dupuch made it clear in his book how he felt
about these things. A wonderful lesson left by this
gentleman that his daughter ignored."
How amusing. Our readers know the old say-
ing: "Ignorance is bliss, 'tis folly to be wise." So let
us now enlighten PLP Scribbler's blissful igno-
rance.
The paragraph to which PLP Scribbler refers
was written at a time when the Guardian was for
sale and several foreigners were. exploring its
purchase. One of the first among them was
Canada's Lord Thomson of Fleet, who later
became a very close friend of Sir Etienne and his
daughter, The Tribune's present publisher.
The Guardian was eventually purchased by
John Perry of West Palm Beach. And so it was in
the context of newspaper ownership, which was
a big issue at the time, that Sir Etienne wrote the
above paragraph a paragraph that our igno-
rant Scribbler thinks he can now use to accuse us
of disloyalty to our father's memory.
Also amusing is that when "Tribune Story"
was going to press in London, a young John
Marquis was already senior reporter on Sir Eti-
enne's staff. And it was Sir Etienne who hired
him, after Mr Marquis had left the Guardian.
John Marquis arrived in the Bahamas in
August 1966 at the age of 22.
As a matter of fact because of his sojourn
here, Mr Marquis knows the Bahamas well. He
was here during the political turmoil of the sixties
and knew more about the leaders of the PLP of
that era than PLP Scribbler will ever know. He
knows the secret closets and the hidden skeletons
as well as we do and, we dare say, better than
Scribbler and most of this younger generation.
Sir Etienne liked the young man enormously.


nl U.. UO


He liked his work ethic, his enthusiasm and love
of the profession. They both got a great deal of
satisfaction in breaking a "great story." It was the
excitement and thrill of the profession that ener-
gised both of them. They had a lot in common.
Mr Marquis is fond of telling the story of a
series he was investigating that involved an
American woman who was doing real estate
business here and getting favourable Immigration
consideration when the rest of us were suffering
- very similar to the Anna Nicole saga of recent
memory.
One evening during this period, the young
Marquis, was sitting in his apartment when ZNS
news came on. The lead story was a government
minister announcing that he was suing The Tri-
bune, its editor Sir Etienne and its reporter John
Marquis for $1 million.
The young man, with only 14 shillings and
six pence in his pocket, broke into a cold sweat.
He went to The Tribune next morning waiting in
fear as to what Sir Etienne would say.
About 10am the newsroom door opened and
a force of energy entered. Striding over to Mar-
quis' desk, Sir Etienne put an arm around the
young man's shoulders. "Don't worry," he
chucked, "we've got 'em on the run, m'boy!" -
and kept walking to his office. No more was
heard of the hollow threat.
It was Sir Etienne who invited Mr Marquis to
the East Nassau Rotary Club to give his "fright-
ened society" speech, which was the talk of the
town. The young man could no longer live in a
country whose people were afraid of their own
shadows, cowed under a government that had
suffocated their free speech. He said his farewell
brilliantly, packed his bags and left. He was 26
years old.
They last saw each other in 1979 when Mr
Marquis was Sports Editor on'the Thomson
newspapers in London. The telephone on his
desk rang: "Hello, young man," said a voice from
the past, "how about some lunch?"
They spent several hours together over lunch
at the Savoy Grill. "We had a great time togeth-
er," Mr Marquis recalls.
And so when he started to wind down his
career, Mr Marquis' mind drifted back to The
Tribune. He will tell you today that he felt that
The Tribune had a "special ethos." He had spent
most of his career working on commercial oper-
ations operations driven by the accountant
with the eye always to the bottom line.
The Tribune was different. It was a newspaper
with a mission. He was tired of the corporate
environment. And so with memories of Sir Eti-
enne still dancing in his head he chose to identi-
fy with a newspaper led by its editorial policy.
When his voice came on the telephone one
day from London, expressing a desire to end his
career on the old stomping ground that he and Sir
Etienne had enjoyed so much, we were delight-
ed to accept.
He joined us. We have never had any regrets.
And we know that Sir Etienne would be delight-
ed to know that his young prot6g6 is now occu-
pying his chair.
And, so, PLP Scribbler, wherever you are,
Sir Etienne's daughter happens to know her "old
man's" mind better than you do so you would
do well to stop making yourself look foolish.


* Nassau, Bahamas


"Wait upon the Lord, Serve
Him with gladness."
SUNDAY SERVICES
7:00am, 9:00am, 11:15am
PASTOR EARLE FRANCIS J.P.,D.D.
Marriage Officer, Counsellor, Intercessor
Phone: 323-6452 393-5798
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The Tribune Limited
NULLIUSADDICTUSJURARE IN VERBA MAGISTRI
Being Bound to Swear to The Dogmas of No Master

LEON E. H. DUPUCH, Publisher/Editor 1903-1914

SIR ETIENNE DUPUCH, Kt., O.B.E., K.M., K.C.S.G.,
(Hon.) LL.D., D. Litt.

Publisher/Editor 1919-1972
Contributing Editor 1972-1991

EILEEN DUPUCH CARRON, C.M.G., M.S., B.A., LL.B.
Publisher/Editor 1972-

Published Daily Monday to Saturday

Shirley Street, P.O. Box N-3207, Nassau, Bahamas
Insurance Management Building., P.O. F-485, Freeport, Grand Bahama


Sir Etienne's mind explored


EDITOR, The Tribune.
THE allegations by the PLP
demonstrators in Freeport
that the government is purging
the civil service, is an attempt
to incite people to behave in
an uncivilised manner. The
PLP plan seems to be that
they would lie blatantly,
regardless of who finds out
otherwise. Is it possible that
Perry Christie could let him-
self be involved with the
destruction of our society? Is it
remotely possible that he
could be acquiescing in the
deception that is being perpe-
trated by the "would be lead-
ers" in the PLP.
The PLP knows that even
their most honest supporters
object to the way they are
going about things. They are
actually embarrassed by the
asinine pronouncements being
made by people like Raynard
Rigby, Fred Mitchell, Obie
Wilchcombe and, yes, Perry
Gladstone Christie himself,
who seems to be operating out
of character. Mr. Christie
appears to have been fingered
by the radical side of the PLP,
and he is showing the pres-
sure.
Since the allegations were
made about the civil service
being purged, the President of
the Public Service Union, Mr
John Pinder must now step to
the plate and make a state-
ment that will clarify this
whole mess. The PLP cannot
be allowed to make these kind
of irresponsible statements to
go by without being clarified.
The PLP is desperate, and it
seems to me will even com-
mit political suicide in an
attempt to hurt the FNM.
That is what is so sad about
their weak game plan. Greed
seems to be the fuel that dri-
ves the PLP's little engine,
that seems to have blown its
head gasket. The alleged deals
that it is being rumoured were
promised by the PLP before
the election must have
angered some of the glutton
PLP businessmen who cannot
get enough.
Bahamians, who know bet-
ter, should use every avenue
available to voice their opin-
ion about the strange direc-
tion the PLP has gone in since
the FNM and Hubert Ingra-
ham, threw a big monkey
wrench in the middle of their
plans.


dies

ories








de


We are now seeing why the
PLP fought and protested so
vehemently against the return
of Hubert Ingraham. They
knew that his return would
mark the end of the PLP for-
ever.
On another note, the FNM
should stop complaining about
Perry Christie's leadership or
lack thereof, because a weak
Mr Christie is easy to beat.


We should do all in our power
to help keep him in the lead-
ership; it is to the FNM's
advantage.
The PLP have gone on a
limb, allowing Fred Mitchell
to use his sassy response and
lazy propaganda. Unfortu-
nately, Mr Mitchell is work-
ing feverishly to saw that limb
off, while it is loaded with
spineless PLP who deserve to
fall at the final cut.

WHITNEY L ROLLE
Nassau,
August 14, 2007.


The Bahamas is first and

foremost for Bahamians
EDITOR, The Tribune.
I AM concerned that Bahamians and foreign people in The Bahamas
do not understand that The Bahamas is first and foremost for Bahamians.
We are trying to integrate too many foreign nationals into this country
whose only aim is to preserve their culture, language and way of life. Inte-
gration means putting English as the language as well as the culture and
history of The Bahamas first and foremost. In America to become a Unit-
ed States citizen if you do not speak English you have to learn to speak
English and learn the American history and take an examination in
order to qualify to become a United States citizen.
Also the increase in the media of the Haitian creole language is not
good for us as a nation. We are not little Haiti. I do not notice us pub-
lishing other foreign language in the newspaper and broadcasting it in the
media and we have Chinese, Cuban and other foreign nationals in this
nation.
The Haitian nationals should not be allowed to have creole promoted
in a country that is an English speaking nation, especially when the oth-
er foreign speaking nationals are not afforded the same courtesy. Also
the Americans need to allow more Haitian nationals to enter their bor-
ders the same way they allow the Cubans. The United States of Ameri-
ca also needs to help Haiti to become more stable so that The Bahamas
can be preserved first and foremost for Bahamians and not Haitians or
other foreign nationals.
We are not obliged to become a little Haiti and we need to stop allow-
ing foreign nationals in our country to tell us how to conduct our immi-
gration policies in The Bahamas. The Bahamas is for Bahamians and we
should promote the Bahamian language and culture, especially since
there are large numbers of Haitian nationals who are currently in the
country and those who are attempting to enter illegally. This means that
we need to limit the number of foreign nationals in our land who are work-
ing doing jobs that Bahamians do not want to do by outlining a contract
type of situation where they have to leave on completion of such jobs.
Remember if The Bahamas encounters economic hardship, and we
seem to be heading in that direction with the drop in tourism, the
Haitians, their offspring and other foreign nationals have another home
but where will Bahamians run and will the United States of America be
willing to integrate large numbers of black Bahamians fleeing The
Bahamas into their society?
The Bahamas is for Bahamians first and foremost.
BAHAMIAN
Nassau,
August, 2007.










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THE TRIBUNE FRIDAY, AUGUST 24, 2007, PAGE 5


LOCAL6NEWS I


OIn brief

Televangelist
Juanita
Bynum 'beaten
by husband'
* ATLANTA
A TELEVANGELIST
who has won a national fol-
lowing with sermons about
women's empowerment, was
badly bruised in a fight with
her estranged husband as
they met in an attempt to rec-
oncile, police said, according
to Associated Press.
Preacher Thomas W
Weeks Ill, founder of Global
Destiny churches, will be
charged with aggravated
assault and terroristic threats,
Atlanta police said.
The fight happened early
Wednesday in a hotel parking
lot near Atlanta's airport, and
a hotel bellman pulled Weeks
off Juanita Bynum, Officer
Ronald Campbell said.
"She was bruised up and
battered," Campbell told the
Atlanta Journal-Constitution.
"She had purple bruising
around her neck and upper
torso."
Weeks did not return a
phone message or an e-mail
request for comment Thurs-
day by The Associated Press.
A call to Global Destiny was
answered only by a recorded
message with information
about the ministry.
Campbell said on Thursday
he was unsure if investigators
had spoken with Weeks.
Asked about the fight, a
woman who answered the
phone at Juanita Bynum Min-
istries in Waycross said,
"We're not at liberty to dis-
cuss it at this time." She did
not identify herself.
Bynum is a former home-
maker, hairdresser and flight
attendant who became a Pen-
tecostal evangelist. She got a
break when Bishop TD Jakes
invited her to speak at one of his
conferences several years ago.


FO N AN.EVC

FerilieFngiid,


Back to school time


prompts road warning


* By ALISON LOWE
Tribune Staff Reporter
alowe@tribunemedia.net
ANNOUNCING that traffic
fatalities for the year are down
slightly compared with this
point in 2006, the Road Traffic
Controller warned the public to
take extra care on the road dur-
ing "back-to-school" time.
Revealing the official police
traffic fatality statistics for the
year, Jack Thompson said that
from January 1 to July 5 there
were 22 traffic-related deaths.
As of yesterday, there were
six more fatalities, bringing the
total to 28, however up to press
time yesterday Mr Thompson
was still seeking the official
details on these six deaths from
police.
At this point last year, there
had been 33 traffic fatalities a
number which remained
unchanged from August 14 until


September 29.
With 60,000 students set to
return to school shortly, and
many of those who make up the


122,000-strong workforce in this
country returning from vaca-
tion to work in September, the
summer "lull" will come to an
end, suggested Mr Thompson.

Preparation

He urged all drivers to plan
their journeys more fully to
avoid getting frustrated, and
ultimately, getting into acci-
dents.
"New Providence is 21 by
seven (miles) and everyone is
in a mad race. People get road
rage and get upset because they
don't leave on time or plan their
journeys. It behoves us to leave
in sufficient time to get from
point A to B in time," he said.
"We can't all leave at 8.15am
anymore some of us have to
leave earlier so as not to have
122,000 vehicles in a given area
in the same time," he added.


Most dangerous roads named


PRINCE Charles Drive,
Carmichael Road and JFK have
the most dangerous roads to
drive on in 2007 according to
Controller of Road Traffic Jack
Thompson.
This, he said, is according to
new police statistics which
revealed that a high number of
traffic deaths occurred on these
roads, with John F Kennedy Dri-
ve being the most "deadly" of all.
The controller said that the
designation of these three roads
as the most dangerous contin-
ues a historic trend.
Mr Thompson explained that
the fact that the roads are "long
and straight" can induce the
temptation to speed.
JFK the "airport road" -
may suffer from this most, he
said, while Prince Charles Drive
can be dangerous because of
the volume of pedestrians and
cyclists.
Of the 22 deaths on Bahami-
an roads up to July 5 this year,
Mr Thompson noted that there


were 17 in New Providence, two
in Freeport, and one each in
Andros, Eleuthera and Exuma.

Breakdown

All those killed were Bahami-
an, aside from one American,
one Canadian and one Colom-
bian.
This can be further broken
down to reveal that of those
who died, seven were passen-


gers, six were pedestrians, eight
drivers and one a motorcyclist.
In all categories, men were
killed at a higher rate than
women. Seven male drivers
died and one female, while the
passenger deaths consisted of
four male adults, one male
child, one female adult and one
female child.
The pedestrian deaths were
all men 4 adult, one juvenile
and one child. The only motor-
cyclist to die was also a man.


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Telecommunications
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Requirements
Education, Skills and Learned Disciplines:

* Equivalent of Associate's degree in an electronics
technology discipline.
* 4 7 years telecommunications experience.
* Provide technical leadership and mentor junior Techs.
* Minimum two years experience in the installationin,
troubleshooting and repair of Fiber Optic Submarine
Telecommunications Systems, wiring and services.
* Experience in the design, development and implement-
ation of "Methods of Procedure" in the Telecoms field.
* Working knowledge of MS Windows with acceptable
competencies in Word, Excel, Power Point and Visio.
* Must maintain confidentiality in all company and cust-
omer related matters.
* Ability to work with minimum supervision.
* Ability to travel and work for extended periods away
from home.

Experience:
* Extensive knowledge of Submarine Fiber Optic
Telecommunications Systems.
* Working knowledge of Alcatel High Capacity transport
systems including, WDM, SONET, SDH, T1, T3, OCx,
Frame Relay and ALLOPTIC's FTTH/B solution.
* Working knowledge of Data and telecommunications
feature applications and hardware.
* Working knowledge of Cat 5 cabling architecture.
* Working knowledge of interconnection Techniques
i.e. Punch down, wire-wrap, crimp)
* Working knowledge of Network applications interfaces,
protocols, LAN connectivity and Ethernet standards.
* Working knowledge of basic test equipment i.e. fusion
splicers, laser sources, optical power meters, optical
time domain reflectometers, OC192, T1 and T3
SONET/SDH test sets.


Resumes should be submitted by September 3, 2007
to Mr. Richard B. Adderley or sent via e-mail to
humanresources@cablebahamas.com


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THE TRIBUNE


PAGE 6, FRIDAY, AUGUST 24, 2007


D for Dunce is not good enough


It is high time that we\ recoig-
nise that our school system is
derelict; out-of-date atnd in a state
of collapse. Once again, alteCr anoth-
er year of national exams, it is clear
that a legion of Bahamian students
are failing with flying colours.
Again, D-for-dunce has become
the national average in the BGC-
SEs. Each year, hordes of illiterate
and innumerate youngsters, with
no idea of where they are going.
are being socially promoted and


taduaelld \ ith nothIing Ito show lor
12. on nli ic[I S ia lf lsetl-warmilng in
it claissrooii. This c.;iannot go oin!
Since its introduction in 1993,
lie i( C( Sli Ihs Ibeen strIuclur-ed on
ia sevein-point igradiing scale Ifrom A
thllroughli i. but unfortun ttately many
Bahamian stiiudcnts are falling in
the latter half ol thiit griadc scheme.
tindcr this supposed grading
scheme A miieanis that students show
ian excellent grasp ol' the subject
:inca: B, the student shows compre-
hensive grasp: C. a candidate shows


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A D R I A N


grasp: D, candidate shows fairly
good grasp; E, student shows mod-
erate grasp; F, student shows limit-
ed grasp, and G, a student shows
very limited grasp. No wonder
mediocrity is accepted!
The Ministry of Education's sev-
en-point grading scale seems to pro-
vide students with a false sense of
security!
If the private schools were to be
eliminated from the educational
equation, the national average
would actually be an E. What's
more, if Family Island schools such
as N G M Major and North Long
Island High both on Long Island
- are not counted among the pub-
lic schools, the average grade


B S 0 N


among Nassau schools could prob-
ably be an F or G.
It is perplexing that a small
nation such as The Bahamas, which
spends so much money on educa-
tion, has one of the lowest national
averages in the world. If the aver-
ages were quantified on the basis of
a numerical grading scale, it would
be equivalent to 1.

A after 1 graduated high
school in 2001, I discov-
ered that one of my classmates was
dedicated enough to return to high
school because he had failed a few
of his national examinations. This
happened on Long Island where


classes are relatively small and,
while I am not suggesting that the
same position be taken in the
already jam-packed schools in Nas-
sau, whether it is repeating until
they attain the standard grades
before advancing them or not,
something must be done.
In countries such as Japan, stu-
dents average A/B passes in their
national examinations, and attend
school for longer periods. Why is
it that only the best students are
able to sit a national examination?
Why shouldn't the selection of stu-
dents that are proficient enough to
sit certain exams be left in the hands
of their teachers?
Although education minister Carl
Bethel has pledged to "aggressively"
attack the "vexing and persistent"
problem facing the country's edu-
cational system, his assertion that
there is a "disconnect" between the
expectations of the commercial sec-
tor and teachers, when it comes to
evaluating students' performances,
seems to suggest that teachers set
low expectations and are contented


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with passing dumb students. Was
Mr Bethel, in this instance, insult-
ing the country's educators in a
back-handed manner?
As I stated in 2005, our educa-
tional system needs to be rigorously
examined, beginning with the
redrafting of the subject curriculums.
Indeed, any inkling of a teacher-cen-
tred approach to education in the
21st century must be discarded, and
replaced with a more student-cen-
tred curriculum that promotes active
learning, takes into account the mul-
tiple intelligence and permits stu-
dents to have direct experiences dur-
ing lessons, while socialising in group
settings with their peers.
In an effort to create a level of
focus among Bahamian students
and improve the national average,
the Ministry of Education's pro-
posal to limit the number of nation-
al exams a student can sit at one
time to six except for exception-
al students would positively
affect the country's static GPA.
Mr Bethel and his team now
need to get on with the work of
ensuring that schools are prepared
and structurally sound for the
upcoming school year, and serious-
ly foster educational reform, rather
than just making statements to that
effect, as so many of his predeces-
sors have done, around the time
that national results are released
every summer.

I am convinced that the hor-
rendous conditions of some
schools, coupled with overcrowd-
ed classrooms, greatly contribute
to the yearly failures in the nation-
al exams. Undoubtedly, teachers
are better able to cater to the indi-
vidual needs of each student when
there are smaller classes per
teacher.
As a student growing up on
Long Island, I knew that parents
and teachers worked in co-opera-
tion to ensure that a student suc-
ceeds. However, speaking with first-
hand experience as a teacher in
Nassau, the parent-teacher rela-
tionship is, in many instances, far
removed from that!
How is it that some parents can
break the bank when sending their
children to lavish proms, but "cry
poor mouth" when they need books?
How is it that some parents can line
the streets and hotel parking lots
during prom season, animatedly tak-
ing pictures and seeking to catch a
glimpse of their child stylishly arriv-
ing for the prom ball. but then fail to
attend PTA meetings. parent-teacher
conferences or even attempt to ascer-
tain how their child is performing?
Don't get me wrong, I would not
assume for one moment that acad-
emic accomplishment is solely the
yardstick by which we should judge
all students. Indeed, every society
needs practical workers as well.
However, I think that everyone
ought to leave school able to read
while having the basic, fundamental
command of mathematics -
whether they are garbage collec-
tors or business people!
The Bahamian educational sys-
tem is defunct and must be revolu-
tionised so that Bahamians will be
capable of successfully competing
globally, with the requisite skills a
quality educational system provides.
If the problems confronting the edu-
cation system are not addressed, this
country will continue to stagnate!


Ia-Sr








THE TRIBUNE FRIDAY, AUGUST 24, 2007, PAGE 7


Plans announced for



agricultural expo


INNOVATIVE and high-
tech practices will be on display
at a government agriculture
expo in November in an effort
to jump-start the foundering
Bahamian farming industry.
The event will expose entre-
preneurs, school students and
interested persons to cutting-
edge agricultural strategies, best
practices and agricultural
demonstrations, greenhouse
techniques, hydroponics systems
and hybridisation, said the Min-
istry of Agriculture and Marine
Resources in a statement.
"My ministry is committed to
strengthening agribusiness in
the Bahamas to position it as a
fundamental pillar of our econ-
omy, said Minister of Agricul-
ture Larry Cartwright. "This
thrust to promote agribusiness
ventures will attract foreign
investors with local entrepre-
neurs as well as encourage
import substitutions."
The ministry said it is host-
ing the Bahamas Agricultural,
Marine Resources and
Agribusiness Expo 2007, not
only to promote the sustainable
development of agriculture, but
also to increase "food security"
for the Bahamas.
The expo, Mr Cartwright
said, will include discussions to
identify and proffer possible
solutions to the challenges con-
fronting the sector, which have
negatively impacted the attain-
ment of a greater degree of


MINISTER OF Agriculture and Marine Resources Larry Cartwright
announced that the Bahamas Agricultural, Marine Resources and
Agribusiness Expo will be held November 8-11 at the Gladstone Road
Agricultural Centre. Also pictured is Colleen Nottage, permanent
secretary in the Ministry of Agriculture and Marine Resources.


national food security and the
sustainability of resources.
He said the expo will bring
together producers of vegeta-
bles, root crops, fruits, orna-
mentals, food and drink manu-
facturers, livestock producers
and marine resource harvesters
from throughout the Bahamas
to showcase their products.
It will also allow participants
to engage in "friendly competi-
tion" to heighten public aware-
ness of the wide variety of prod-
ucts and the high quality of
locally produced and processed
goods.


The expo will be held at the
Gladstone Road Agricultural
Centre November 8 to 11 under
the theme, "Promoting and
Strengthening Agribusiness".
The announcement was made
at a press conference on
Wednesday at the Gladstone
Road Agricultural Centre.
Mr Cartwright noted that as
market access is a major con-
cern of producers, it is expected
that the exhibition will lead to
the establishment of contacts
with buyers from the hospitali-
ty industry, wholesalers and
retailers.


Expo aims to attract youth to industry


STUDENTS will be target-
ted at this year's agricultural
expo in an effort to create
enthusiasm for farming in the
younger generation.
"Our partnership with the
Ministry of Education will pro-
vide students and teachers
involved in agricultural and
home economic studies, practi-
cal experience, cutting edge
techniques and strategies that
will enhance their knowledge,
stimulate and solidify their aspi-
rations within the agricultural
sector," said Minister of Agri-
culture Larry Cartwright.


"The exposure of students to
the various activities planned
for Expo 2007 will begin the
process of creating a sustain-
able and dynamic cadre of
young people, who will take up
the mantle of food production,
processing and other agribusi-
ness endeavours for future gen-
erations of Bahamians," he said.
The minister said the expo
will prove an excellent orienta-
tion for both new and mature
farnners as well as other agribusi-
ness persons concerned about
product quality and standards.
Specific activities of the expo


will include:
Livestock shows and com-
petition
Culinary exhibitions and
competitions (professional chefs
and students)
Petting corner
Tours of the Gladstone
Road Agriculture Centre
(GRAC).
Horticultural displays and
competitions
Food court (Bahamian
grown and processed food and
drinks)
Agricultural and food pro-
cessing demonstrations


(MINISTRY OF LANDS & LOCAL GOVERNMENT
THE PRICE CONTROL ACT, 1971
CHAPTER 339
JTHE PRICE CONTROL (GASOLINE & DIESEL OIL)
I (AMENDMENT) ( ) REGULATIONS, 2002

The public is advised that prices as shown in the Schedule for Lead Free gasoline and Diesel Oil
sold by Texaco Bahamas Limited will become effective on Tuesday, August 2k', 2007,

SCHEDULE


PLACE


PART A
NEW PROVIDENCE

Texaco Bahamas Ltd


PART C
GRAND BAHAMA
(NOT FREEPORT)

Texaco Bahamas Ltd


ARTICLE


LEAD FREE

DIESEL OIL


LEAD FREE

DIESEL OIL


MAXIMUM WHOLESALE SELLING
PRICE PER U.S. GALLON


MAXIMUM
SUPPLIERS' PRICE
$


INCLUDING

3.83

3.22


INCLUDING


3.73

3,10


MAXIMUM
DISTRIBUTORS'
PRICE
s


MAXIMUM
RETAIL SELLING
PRICF PER U.S.
GALLON

S


SEA FREIGHT


3.83

3.22


SEA FP


3.91

3.2 i


4.27

;,4)





433

3.45


PART D
ABACO,ANDROS NOT INCLUDING SEA FREIGHT
& ELEUTHERA

Texaco Bahamas Ltd LEAD FREE 3.83 4.06 4,45

DIESEL OIL 3.23 3.39 3.58

PART
ALLOTHER NOT INCLUDING SEA FREIGHT
FAMILY ISLANDS

Texaco Bahamas Ltd LEAD FREE 3.84 4,08 4.48

DIESEL OIL 3.24 3.39 3.59
___3__59___


HARRISON THOMPSON
PERMANENT SECRETARY


GN 562
MINISTRY OF WORKS & TRANSPORT
(ROAD TRAFFIC DEPARTMENT)


PUBLIC NOTICE


The Road Traffic Department wishes to advise, that in
accordance with the provisions of the Road Traffic Act, Chapter 220,
the Controller of Road Traffic hereby gives notice of his intention to


grant available


Self Drive Cars/Scooters and privately


Scheduled(School Bus) Franchises.


In this regard, the Department is presently accepting
applications for reviewing of the same.


All Application Forms MUST be accompanied with the
following documents:


PRIVATE SCHEDULE (SCHOOL BUS)


A completed School Bus Form
A tentative Agreement of Contract from a recognized
institution
A Bank Statement from a Financial Institution
First four (4) pages of a valid Passport
A current Police Record
Copy of National Insurance Card

SELF DRIVE CARS/SCOOTERS FRANCHISE

A completed application form
A detailed Business Plan
First four (4) pages of a valid Passport
A Bank Statement from a Financial Institution
A current Police Record
Copy of National Insurance Card

Persons need not apply without prescribed documents.

Applications should be submitted to the Franchise Unit of the
Road Traffic Department, Thompson Blvd., no later than 4:00 pm
September 21, 2007.


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FRIDAY, AUGUST 24, 2007, PAGE 7


THE TRIBUNE


"~fipj~







THE TRIBUNE


PAGE 8. FRIDAY, AUGUST 24, 2007


FROM page one Woman


to appear before the Police Tri-
bunal to answer to the complaint
filed by the plaintiff on April 24,
2007.
He is also facing charges of
causing grievous harm to
Desmond Key while in police
custody on June 17, 2007.
The document alleges that on
August 17, 2006, Bowleg
arrived with a female compan-
ion at Ms Newton's residence,
and without provocation struck
the plaintiff in her chest and
forced his way through the
door, knocking the plaintiff
backward on the ground.
The document states that
despite Ms Newton's pleas for
Constable Bowleg to leave, he
refused and insisted that he and
Ms Newton needed to talk. The
plaintiff alleges Officer Bowleg
attacked her in the presence of
her minor child and then left
after damaging her personal
property.
After the alleged attack, the
plaintiff made a formal com-
plaint against officer Bowleg at
police headquarters on East
Street. Reportedly, the day
after the alleged attack, Ms
Newton was called to the Grove
Police Station to make a state-
ment, but officers listed in the
complaint failed to interview
Ms Newton's daughter who was
at the scene of the alleged
attack.
The summons states that
upon the plaintiff's arrival at


suing
the Grove Police Station on
August 18, 2006, Corporal
Deveaux, the fifth defendant
listed, informed her that she
was under arrest as Officer
Bowleg had made a complaint
on August 18 that Ms Newton
assaulted him with a deadly
weapon.
The plaintiff claims she was
wrongfully detained, charged
and jailed for hours before
being transported to the Cen-
tral Investigating Department
for processing without the offi-
cers on the case investigating
the matter to its full extent.
She was then released on
police bail and instructed to
appear at the Magistrate's court
to be formally charged however
those charges were subse-
quently dismissed, the summons
states.
The plaintiff claims that
because the officers listed in her
suit are colleagues of her
alleged attacker, they conspired
together to abuse their powers
as police officers to wrongfully
arrest and imprison her and
failed to investigate the allega-
tions made by officer Bowleg.
The plaintiff is seeking dam-
ages for false imprisonment,
compensation pursuant to Arti-
cle 28 of the Constitution, costs,
and further relief as the Court
deems just.


FROM page one

Felix Mateo, Bacardi's facility director, yes-
terday said thpt the decision to close the Nas-
sau plant is due to a change in business con-
ditions.
Economies of scale, he said, were also sig-
nificant factors in the decision to prepare to
cease operations here in the Bahamas.
"It is very difficult to make a decision like
this, but it is the right decision for the com-
pany," he said.
Minister Laing, while regretting the move,
agreed that the closure makes good business
sense.
"Bacardi is proud to have an outstanding
and dedicated work force in Nassau and this
action does not reflect on the quality of our
operations or the calibre of our people. We
thank all our employees for their continued
dedication and professionalism," said Fran-


FROM page one

exclusive community.
Mr Anand explained yesterday
that Albany signed the Heads of
Agreement with the previous gov-
ernment in November 2006 with
the assumption that they would
able to begin construction by Jan-
uary 2007.
However, it is now eightt
months later and work has still
not started on the mixed-use pro-
ject in the southwest of New Prov-
idence.
Mr Anand said that this delay is
causing Albany to lose a consid-
erable amount of money as they
have many Bahamians on payroll
who are currently not able to per-
form any work for the project.


Bacardi to close
cisco Carrera-Justiz, chairman of the board
of Bacardi and Company Limited-and the for-
mer president of the Nassau plant.
Bacardi first established itself in the
Bahamas in 1965 because trade agreements at
the time placed hefty duties on shipments
from the company's principal rum produc-
tion site in Puerto Rico to locations in Europe.
However, with the advent of new trade
agreements within the last few years and the
competitive business conditions, the company
believes that consolidation is the best busi-
ness decision, Bacardi said.
The Bahamas, with other countries of the
African, Pacific and Caribbean grouping, is
currently in the process of negotiating a new
free trade agreement with the European
Union to replace the present COTONOU


Albany
The developer said that the
Albany investors have submitted
all necessary drawings and plans
to government and now only
await approval, including the sub-
division approval.
As soon as these approvals are
given, construction on the project
will start the next day, he said.
Despite the prolonged delay in
gaining the approvals, Mr Anand
said that he is optimistic that the
Ingraham administration will hon-
our the Heads of Agreement
signed under the PLP.
Mr Anand, speaking with the
press in a telephone conference
call yesterday at the Counsellors'
office, had this to say about the


working relationship between
Albany and Prime Minister
Hubert Ingraham:
"It's taken a couple of months
for the prime minister to settle all
his ministers in place and to
understand what are the impor-
tant matters at hand for the coun-
try, and he got around to Albany
and we are excited about that and
we consider ourselves working
productively towards, hopefully, a
successful conclusion here for
everybody.
"The new prime minister felt
he owed it to the people to at least
let them know what was going on
that's why we had those town
meetings this week."
At the town meeting on
Wednesday night Mr Anand
expressed surprise over the fact


agreement that expires at the end of the year.
The new agreement is expected to replace
the present COTONOU agreement, under
which goods from countries in these three
regions enjoy preferential access to the EU
market. The new Economic Partnership
Agreement (EPA) will gradually remove pref-
erences.
Mr Laing said yesterday that although the
new agreement was of concern to Bacardi,
he could not say that it was the main reason
for the closing of the Nassau plant.
The Nassau distillery currently manufac-
tures light and dark Bacardi rums that are
shipped in bulk to Europe.
The company also produces bottles distrib-
uted for local sale, including Natasha vodka
and Nassau Royale liqueurs.
Bacardi is the world's largest privately held,
family-owned spirits company and the fourth
largest spirits company in the world.


that 10 months after the Heads
of Agreement was signed, Albany
still has to tackle issues of con-
cern such as the project's impact
on beach access, the environment
and road system.
"We really dealt with them and
we felt like we went quite a
long way to mitigate them," he
said.
In the press conference yester-
day, Mr Anand assured the
Bahamian media that Albany will
increase beach access for Bahami-
ans, improve existing beaches and
nourish the environment.
Mr Anand said he considers the
"extinguishing" of 1.4 miles of the
Southwest Road a fair trade-off
for all the economic and infra-
structural benefits that Albany
will bring the Bahamas.


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ip i n-s -"


listen into t6 j to win Cool Summer '

GIVE-FWRY certificates from r T n p

and 4,f: PLUS cases of -"LJ -

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HOME AND APARTMENT PACKAGES
0% OR 5% DOWN


If you are now at the bank or somewhere else, stop, do not commit.
"Talk it over with us first."

THE DIFFERENCE
First ever in the history of The Bahamas, Legal Fees for both mortgages
and conveyance at 1 3/4 percent to make it easier for you to qualify or
start construction on your building.

Packages starting at $148,800. In some cases even less (A NEW
DIRECTION).

THANKS; First 25 lots committed. 2nd phase now involving 75 lots
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Refer a group, a family or a friend and obtain a referral fee.
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WE ARE EXCITED TO NOW REVOLUTIONIZE THE HOUSING
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"Value for Money" "Quality Product"
MR. MUCAN DAWKINS/CHAIRMAN


KINGSWAY ACADEMY
Vacancies for September 2007


Kingsway Academy, an interdenominational, evangelical, co-Educational
Christian Day school, invites applicants from qualified and experienced
candidates for teaching positions at the Elementary and High School
levels and a position at thBusiness Office.

Elementary:
Trained Physical Education Teacher for grades K-4 through grade 6
Teacher for the upper Elementary

High School
High School applicants should possess a Teachers Certificate, at least a
Bachelor's Degree in the particular subject area and be able to teach to
the AP level. A Masters Degree in the content area or in Education for the
subject area, would be an asset.,

Mathematics
Information Technology
Health and General Science

Business Office:
An Accounts Clerk

The successful candidates should have the following:

An Academic Degree in the area of specialization
A Teaching Certificate
Excellent Communication Skills
A love for children and learning
High standards of morality
Be a born again Christian

Letters of application together with a recent color photograph and detailed Curriculum
Vita (including the names and addresses of at least three references, one being the name of
one's church minister) should be forwarded to:

M.._s. Kelcine Hamilton
Academy Affairs Manager
Kingsway Academy Business Office
Bernard Road
Nassau, Bahamas

Deadline for applications is Friday August 30, 2007.


I


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FRIDAY, AUGUST 24, 2007, PAGE 9


K 'cOBAL ATHLETICS
l ___4AP-


-.jnnship

25- September 2, 2007


Get detailed coverage by Brent Stubbs in The Tribune's
Our veteran senior sports reporter will file stories directly


Sports section.
from Osaka Japan!


I.


Bahamas
Christine Amertil
Derrick Atkins
Trevor Barry
Christopher Brown
Timicka Clarke
Jackie Edwards
Laverne Eve
e Ferguson-McKenzie
Michael Matthieu
Nathaniel McKinney
Ramon Miller
Jacobi Mitchell
Avard Moncur
Leevan Sands
Sharmar Sands
Chandra Sturrup
Donald Thomas
Andrae Williams
ique Williams-Darling


The


Read firsthand accounts of our
Bahamian athletes participation in:
* Men 100, 200, 400, 800 Metres
* Men 110 Hurdles
* Men High Jump
* Men Triple Jump
* Men 4x400 Metres Relay
* Women 100, 200 Metres
* Women Long Jump
* Women Javelin







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PAGE 10, FRIDAY, AUGUST24,2007THETRLOCALIBUNE


FROM page one

the company that performed an
evaluation of the Corporation's
3000 acre land holdings in Half
Sound, Eleuthera, which was said
to be worth some $175 million.
In a written response to The
Tribune, Mrs Johnson said:
"Since my appointment as
chair of the Board of Directors of
the Hotel Corporation of the
Bahamas (HCP), it was brought
to my attention that Pricewater-
houseCoopers (PWC) had been
appointed auditors of companies
in which HCP has vested inter-
ests. The audit appointment pre-


Chairman
dated my appointment, as direc-
tor. So as not to compromise the
independence of the auditors,
given my affiliation with PWC,
after proper notice to the minis-
ter concerned, I resigned the
post."
When asked by The Tribune
how she became aware of the
relationship between PWC and
the Hotel Corporation, Mrs
Johnson said that the company
informed her, adding that she
resigned before any meeting of
the Board was held.
The Minister responsible for


the Hotel Corporation Brent
Symonette confirmed that his
government has received Mrs
Johnson's resignation letter, and
that the main factor behind the
decision is the potential conflict
with her husband's interests.
"She has tendered her letter
of resignation," Mr Symonette
said.
"That does not mean that the
government has accepted it,
because we are looking at the
whole question of what her role
as chairman, and also what her
husband's firm is doirig, might
result in any conflict. But we will
come to a decision in short
order."


FROM page one


After almost two weeks into the trial, Prosecutor
Neil Brathwaite of the Attorney General's Office
closed the Crown's case on Thursday without calling
any further witnesses in the matter.
Justice Peter Maynard then instructed the jury
to discharge the accused of murder.
"The prosecution has decided not to offer any
further evidence because it is not able to bring a pri-
ma facie case against the accused. I direct you to dis-
charge the accused by bringing back a unanimous
not guilty verdict of 12-0," he said.
After the jury foreman delivered the unanimous
not guilty verdict, Justice Maynard thanked the
jurors for being of service to the court and dismissed
them. He then told Zephir that he was free to go.
John Thompson, the brother of the victim, was
furious over the outcome of the trial.
He did not think justice had been served in the
case, which left four children without a mother.
Mr Thompson does not believe his sister hanged
herself. He said that before her death she got a
divorce through the same lawyer who represented
Mr Zephir at the trial.
He believes that the justice system has failed his
family, which has waited two years for justice.
The trial, which started on August 13, had been
adjourned for two days this we to allow for a voir


Man discharged
dire a mini-hearing held during trial on the admis-
sibility of contested evidence on Monday and
Tuesday.
The case was adjourned again on Wednesday
after a juror failed to appear in court.
Defence lawyer Carlson Shurland was satisfied
with the outcome of the case, and commended his
associate Mary Bain, who assisted him in the matter.
He said that the decision was fair based on the
lack of evidence against his client.
"This case was doomed from the beginning -
the prosecution did not have any evidence whatso-
ever to convict my client," he said.
Mr Shurland criticized the Attorney General's
Office for acting prematurely in bringing the matter
to court without having sufficient evidence.
"The family of the victim is very emotional right
now, and they are venting a lot of their frustration at
the defence. But, I believe they ought to make the
Attorney General accountable because they had
two years to tighten this case up.
"They (the family) should be directing their anger
and frustration towards the people who investigated
this case, and the prosecution who chose to bring this "
case knowing full well that there was no evidence,"
he said.


00


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Phone: (242) 322-1722
Fax: (242) 326-7452
44 Montrose Avenue


FROM page one
while, Ms Palmer received 233
votes to be removed and 10 in
support.
"The vote taken by the Labour
Department on the 22nd of
August, 2007 to remove three
elected officers from their office
to which they were elected on
June, 2006 and have one year
and 10 months remaining in their
term is in breach of the
AAAWU constitution, which is
registered by the Labour
Department and governs the
operations of the union," Mr Bain
said.
Mr Bain emphasized that the
election that removed them,
which was delayed by a failed
court injunction by the three
executives, did not obtain a
majority of the 600 members of
the AAAWU.
The majority of union mem-
bers, he claims are supporters of
the three executives, and these
members abstained from the vote
on his advice.
Criticising union President
Nelerene Harding's decision to
have the election, Mr Bain argued
that Wednesday's event "sets a
dangerous precedent where any
officer in any union can face the
same fate."
With controversy surround,
the election and other possible
litigation surrounding the dispute
with Ms Harding, Mr Bain called
on Labour Minister Dion Foulkes
to intervene.
"We again call on the Hon
Minister of Maritime Affairs...not
to certify the result of an illegal
poll because to do so would be
Certifying a wrong which can have
'Ievastating effect on thS internal
workings of the union," he said.
The three members also
declared that they now have new
legal representation from union-
ist Obie Ferguson, rather than
their former lawyer Fayne
Thompson.
Mr Bain blamed Mr Thomp-
son for the removal of the injunc-
tion barring the election.
"It (the injunction) was vacated
primarily because our attorney
didn't show up," he claimed.
Regarding the claim that he
did not show up to represent the
trio, Mr Thompson told The Tri-
bune that his office "was n,-t
properly informed" leading to t
mix-up in question.


I,
.-. -:t~~ ~


Expelled executives
"There was no intention on my Mr Bain also announced at the
part to complicate this matter," press conference that he will not
Mr Thompson added, making it resign his position as assistant sec-
clear that he assisted Mr Bain and retary general with the umbrella
his colleagues in receiving the group, the National Congress of
injunction that initially prevented Trade Unions until this matter is
their removal, resolved.



it. Sinai Christian lcademyn
now accepting students for septemeber term.

Parents give your child an opportunity to succeed in an
educational environment that will encourage academic sta-
bility, good character development and leadership training.

Academic Program: Grade 1 through 12
Qualified Educators
High Academic Standard
Small Studens 1 Teacher ratio (10-1)
School Chef To Prepare Healthy Meals Daily
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offering all academic subjects, including spanish, creole,
french, computer, art, technology, business studies, make
up arts, barbering study.
Students will be prepared for GLAT, BJC and BGCSE
for information about the school please contact the
school at'
4# 433-9185



Cebar Cre t funeral ome
DIGNITY IN SERVICE
Robinson Road and First Street P.O.Box N-603 Nassau, N.RP., Bahamas
Telephone: 1-242-325-5168/328-1944/393-1352




ALICE ELLEN
GRAY-
,. 3- JOHNSON, 72

a resident of Golden
Gates #2 and
formerly of
William's Town,
y Nw Exuma, will be held
11:00a.m., Sunday,
August 26, 2007 at
The Hillview
Seventh-Day
Adventist Church, Tonique Williams-Darling
Highway, New Providence. Officiating will be
Pastor Michael A.Smith, assisted by Pastor
Leonard A. Johnson, Pastor Eric D. Clarke and
Pastor Wendell R. McMillan. Interment will
be made in Woodlawn Gardens, Soldier Road.

Cherished memories are held by her mother,
Viola Collie; one son, Dr. Eugene Gray; four
daughters, Peggy Sands, Alice Tinker, Tanya
Miller and Violet Stubbs; 11 grandchildren,
Levardo, Raemond, Chrislyn and D'Andre
Sands, Jason and Brittany Tinker, Laprea
Saunders, Neville Miller, Deidre, Tameka and
Tamara Stewart; two great-grandchildren,
Makayla Bodie-Sands and Urielle Musgrove;
five brothers, Rudolph and Samuel Gray,
Godfrey; Isaac and Arthur Collie; four sisters,
Remelda Rolle of William's Town, Exuma,
Clarabelle Williamson, Lulamae Gray and
Gwendolyn Hanna; three sons-in-law, Pastor
Errol Tinker, Elder Roger Sands and Elder
Neville Miller; mother-in-law, Florina Johnson;
four brothers-in-law, Lionel, Preston and Leo
Johnson and Vernal Rolle; six sisters-in-law,
Cora and Valerie Gray, Jennifer Moss, Cynthia
and Hazel Johnson and Maxine Rolle; numerous
nieces and nephews and a host of other relatives
and friends.

Relatives and friends may pay their last respects
at Cedar Crest Funeral Home, Robinson Road
and First Street, on Saturday from 12:00 noon
to 6:00 p.m. and on Sunday at the church from
9:30 a.m. until service time.


$


7 yoll'II/o eIIlwt


THE TRIBUNE


PAGE 10, FRIDAY, AUGUST 24, 2007








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PAGE 12, FRIDAY, AUGUST 24, 2007


THE TRIBUNE


----------~- i---~___j-


Joju














SECTION


BUSH SS


busiess@tribuneedit Miami Herald Business, Stocks, Analysis, Wall Street





Bacardi & Company preparing


to


'cease' Nassau operations


Move to create $13.3m loss in excise taxes, job cuts


* By CARA BRENNEN-
BETHEL
Tribune Business
Reporter
More than $13
million will
be lost in
excise taxes
now that
Bacardi and Company has
announced its intention to
move its Bahamian operations
to Puerto Rico by 2009.
In a release yesterday, Bac-
ardi announced that it planned
to consolidate its rum produc-
tion in the Americas to Bac-


ardi's principal site in Puerto
Rico, leaving 114 Bahamians
without jobs.
Phasing the facility shut-
down and transferring opera-
tions to Catafio, Puerto Rico,
and other facilities in the
Americas over the next year
and a half is the best business
decision to make for the long-
term growth and competitive-
ness of the company, the
release said.
"The change in business
conditions and economies of
scale were significant factors
in the decision to prepare to
cease operations here in Nas-


sau," said Felix Mateo, facility
director. "It is very difficult to
make a decision like this, but it
is the right decision for the
company."
Earlier this year. Tribune
Business foreshadowed the
move given the fact the
Bahamas had not completed
negotiations for a Economic
Partnership Agreement.
Under the EPA, Bahamian
companies such as Bacardi,
Paradise Fisheries and Poly-
mers of Freeport, Grand
Bahama, are able to export
their wares more competitive-
ly as they receive tax conces-


sions.
The EPA is the replacement
for the Cotonou Agreement,
which the European Union
previously held with the
Bahamas and 76 other coun-
tries in the African, Caribbean
and Pacific (ACP) group.
However, it is considered
discriminatory under WTO
rules since the Bahamas
received trade benefits and
other preferences that others
do not get.
This violates the 'Most
Favoured Nation' principle
which requires countries to
treat others equally when it


comes to trade and not dis-
criminate.
The EPA would then allow
for reciprocity, meaning that
the Bahamas would have to
offer to EU producers and
exporters the same benefits
and terms of trade that Europe
offers Bahamas-based
exporters.
A briefing paper prepared
for the Cabinet's sub-commit-
tee on trade by the Ministry of
Foreign Affairs, which has
responsibility for international
trade, previously warned the
Bahamas would lose its -
favourable $20 million trade


balance" with the EU if it
failed to sign the EPA.
The government document
revealed the Bahamas export-
ed $66.315 million worth of
goods to the EU union in 2004,
importing about $43 million
for a $20 million trade balance.
But for Bacardi, loss of duty
free access would see tariffs
imposed on its rum equivalent
to $5 per gallon.
At the time, the Ministry of
Foreign Affairs document said:
"An additional cost of $5 per

SEE page 2


Albany project could

provide about 1,600

construction jobs


* By KARIN HERIG and
CARA BRENNEN
Tribune Staff Reporters
kherig@tribunemedia.net
cbrennen@tribune
media.net
THE economic trade-offs
that Bahamians will have to
make in the face of the Albany
development are fair and
acceptable, considering the
country's economy will benefit
by an influx of $2 billion as
well as an estimated 1,100 full-
time and 1,600 construction
jobs, Albany executives indi-
cated yesterday.
The argument over the ben-
efits versus the drawbacks of
'the mixed-use mega develop-
ment in south-west New Prov-
idence became heated during a
special town meeting at St
Paul's Catholic Church on
Wednesday night.
Irate residents expressed
concern about the develop-
ment's impact on beach access,
the environment, and were
particularly incensed about the
proposed removal of over a
mile of public road.
Speaking with the Bahamian
media in a telephone confer-
ence call, Christopher Anand,
a managing partner in the
Albany project, conceded that
the development will "extin-
guish" 1.4 miles of the South-
west Bay Road and increase
travel times by two and a half
minutes.
However, he said, in


exchange Albany will "dra-
matically improve every aspect
of Bahamian life and spur
tremendous economic activity
across the country."
Mr Anand explained that
the financial benefits of the
project will come from five
sources: Total tax income, job
creation, local expenditure,
real estate commissions and
the promotion of Albany and
the Bahamas.
In the first 15 years of the
project, Mr Anand said, the
development will bring almost
$550 million in total tax income
from property owners inside
the gated community.
Total wages during those
years, which will be paid to
construction workers and full-
time staff the majority, if not
all of whom, will be Bahamian
- will amount to $1.1 billion.
Local expenditures that new
home-owners and hotel guests
will be contributing to the local
economy are estimated at over
$660 million in the first 15
years.
Real estate commissions are
expected to bring around $209
million in those years.
The developers also expect
to spend some $105 million on
promotion of the Albany pro-
ject and the Bahamas as a
whole.
Mr Anand said that, in addi-
tion to these financial contri-

SEE page 2


New York-based

investment firm

agrees to purchase

the Four Seasons

resort, sources say


Tribune Business learned
late last night that a New
York-based investment firm
has signed an agreement to
buy the Four Seasons at Emer-
ald. Bay in Exuma for an undis-
closed amount.
Earlier this year the hotel's
owners turned down an offer
of $117 million.
Sources close to the situa-
tion revealed that both parties
came to an agreement some 10
days ago and that the two arc


presently under contract for
the sale.
However, the buyer has
been given a period in which to
do due diligence on the luxury
resort property.
It could not be confirmed,
however, how long this period
would last, but typically the
time-frame could run any-
where from 30 to 90 days.
The property has been taken
off the market during this peri-
od.


FAMILY GUARDIAN
INSURANCE COMPANY LIMITED


+


~4~F'J,


FRIDAY. AUGUST .J:"r






THE TRIBUNE


PAGE 2B, FRIDAY, AUGUST 24, 2007


r- I


Bacardi & Company preparing


to 'cease' Nassau operations


5 Scotiabank

Scotiabank (Bahamas) Ltd. is seeking the services of:

Centre Director

POSITION SUMMARY:

The Centre Director is responsible for establishing business plans for the Scotia
Private Client Group (SPCG) Centre in which they reside, and the branches
in smaller, secondary markets also under their direction, and executing them
through the dynamic leadership of teams of highly skilled professionals
representing each of the Wealth Management business lines (private banking,
brokerage, and where applicable, personal trust, investment management &
insurance). These objectives will be met through the promotion of the SPCG
Centres in the marketplace and, internally throughout the Bank.

Key Accountabilities for This Role:

The primary purpose of the position is to increase profitability through the
development of the required skills and motivation within the teams to achieve
increased consolidation of client assets, maximize cross-sell opportunities,
increase client retention and satisfaction and ensure clients receive the products
and services that best satisfy their financial needs. This is achieved by leading
their teams through sales and relationship management, directing consolidation,
retention and coverage strategies, ensuring the required behaviours are
instilled in, and consistently displayed by, each individual, and ensuring that
sound business analysis and a shared client centric bias exists across the
teams. The Centre Director is also responsible for building and exploiting an
effective business and community network, by developing and maintaining
relationships with key business and community leaders and maintaining
close relationships, with influential clients, to maximize business referral
opportunities and introductions to potential clients. The Centre Director must
also forge close working relationships with Scotiabank partners in their market.


Qualifications:

- University undergraduate and/or equivalent degree/diploma preferred.
- Professional Financial Planner (PFP) or Chartered Financial Planner (CFP)
designation, Canadian Securities Course (CSC), and/or any other industry-
related accreditations are highly desirable.


The Scotiabank Group is an equal opportunity employer and welcomes applications
from all interested parties. We thank you for your interest, however, only those
candidates selected for an interview will be contacted.

Qualified candidates only should submit application in writing, marked Private
and Confidential, by Friday, August 31 to: Manager, Manpower & Succession
Planning, Scotiabank (Bahamas) Ltd., Main Branch, P.O. Box N-7518, Nassau,
Bahamas or e-mail scotiabank.bs@scotiabank.com.


Employees will be offered sev-
erance packages and outplace-
ment employment services.
"Bacardi is proud to have
an outstanding and dedicated
workforce in Nassau and this
action does not reflect on the
quality of our operations or
the calibre of our people," said
Francisco Carrera-Justiz, chair-
man of the board of Bacardi
and Company Limited and for-
mer president of the Nassau
facility.
"We thank all our employ-
ees for their continued dedi-
cation and professionalism."
Bacardi located in Nassau
more than 40 years ago in part
because, at the time, trade,
agreements placed hefty duties
on shipments from the compa-
ny's principal rum production
site in Catafio, Puerto Rico, to
locations in Europe.


Responsibilities:

Day to Day running of the store

Inventory Control

Day to Day sales

Computer literate

Must have a good personality


Please provide your resume to:


Andrew Aitken Frame Art

50 Madeira Street

Palmdale Ph.: 325-1771


FROM page 1

gallon would make the
Bahamian-produced rum
uncompetitive and would like-
ly cause Bacardi to shift its pro-
duction to either Puerto Rico
or Mexico where the MFN tar-
iffs are not applicable, the Tri-
bune Business article said at
that time.
A company spokesperson
yesterday acknowledged that
initially Bacardi did have trade
advantages by operating in the
Bahamas, but said that since
that trade advantage is gone
consolidation is the best move
for the company.
Bacardi will work with
employees to secure other
employment opportunities
within the Bacardi Group or
outside the company.


TENDER- ROAD INFRASTRUCTURE
AND UTILITIES WORK





Montana Holdings Ltd. the developers of Rum Cay Resort Marina is pleased to
invite Tenders from qualified and experience companies to bid for the road infra-
structure and utilities work located on the island of Rum Cay.


Tender documents and other related information, can be collected between 9:00
a.m. and 5:00 p.m. Monday through Friday at the Reception Desk, Montana
Holdings Ltd, #2 Nassau Court, Nassau, The Bahamas.


Tenders must be submitted in sealed envelopes marked "Tender for Road Infra-
structure and Utilities Work" delivered to:


The Managing Director
Montana Holdings Ltd
#2 Nassau Court
P.O. Box N-9322
Nassau, The Bahamas


All Tenders must be received at the above address by
2007 at 5:00 p.m.


Friday, September 28,


Montana Holdings Ltd reserves the right to reject any or all Tenders.


& '-- -1i-


With the advent of new
trading agreements within the
last few years and the compet-
itive business conditions, the
company believes that consol-
idation is the best business
decision.
The company, which
employs 114 people, has oper-
ated the facility in Nassau since
1965. The manufacturing and
bottling of Bacardi rum will be
absorbed by operations in
Puerto Rico and other exist-
ing Bacardi facilities in the
Americas.
Bacardi and Company Lim-
ited especially thanked the
Bahamian governments it has
worked with over these 40-plus
years for the long-standing
support and assistance given
to its Nassau operations and
looked forward to continued
governmental support.


Albany project

could provide

about 1,600 jobs

FROM page 1

butions, the Albany project
will create myriad new busi-
ness opportunities for Bahami-
ans in south-west New Provi-
dence.
The developer also assured
Bahamians that instead of tak-
ing away beach access, Albany
will increase the access and
improve existing beaches at
Caves Point and Adelaide.
Mr Anand also announced
yesterday that he would dis-
cuss with the government the
possibility of establishing a
board of residents.
Instead of Albany automat-
ically improving beach condi-
tions, this board of residents
could be given the control of
$3.5 million to do with as they
best see fit to improve the
neighbourhood.


PUBLIC NOTICE

TENDER FOR THE SCANNING, STORAGE AND RETRIEVAL OF DATA IN
ELECTRONIC FORMAT

Tenders are invited from duly qualified and experienced companies for the
provision of a scanning, storage and retrieval of data in electronic format solution,
for the Financial Intelligence Unit (the "FIU") a governmental agency
established by the Financial Intelligence Unit Act, 2000.

There are five (5) major elements expected from the proposed solution:

1. Security of Solution.
2. Storage and Retrieval of Imaged document.
3. Capturing of key information contained within documents and
associating the image with it.
4. Managing of Documents by case, and
5. Querying and Reporting of Information.

As part of the Tender process each potential bidder is required to sign a
Confidentiality Agreement before receiving the Bidding Documents. Failure
to execute the same will forfeit the potential bidder's opportunity to bid on
the solution.

Tender documents, which include Software Requirements Definition document
and other relevant information, can be collected between 9:00 a.m. and 5:00
p.m. Monday through Friday at the Reception Desk, Financial Intelligence
Unit, 3rd Floor, Norfolk House, Frederick Street, Nassau, The Bahamas.

Tenders must be submitted in sealed envelopes marked "Tender for The
Financial Intelligence Unit's Electronic Document & Case Management
System" airmailed or delivered to:

Chairman
Tenders Board
Ministry of Finance
3rd Floor Reception Desk
Cecil Wallace-Whitfield Centre
P.O. Box N-3017
Cable Beach, West Bay Street
Nassau, The Bahamas

All Tenders must be received at the above address by 5:00 p.m. on Thursday
27th September 2007. All Tenders must be submitted in triplicate.

All persons who submit bids are invited to attend the opening of Tenders at the
Ministry of Finance, 3rd Floor, Cecil Wallace-Whitfield Centre, Cable Beach, West
Bay Street, Nassau, The Bahamas at 10.00 a.m., on Tuesday 2nd October
2007.

The Financial Intelligence Unit reserves the right to reject any or all
Tenders.













BUSINESS


INTERNATIONAL EDITION


THE MARKETS
STOCKS, MUTUAL FUNDS, 88B
DOW 30 13,235.88 -0.25 V
S&P 500 1,462,50 -1.57 V
NASDAQ 2,541.70 -11.10 V
10-YR NOTE 4.63 -0.02 V
CRUDE OIL 69.83 +0.57 A



Stocks


lower as


credit


worries


linger

BY JOE BEL BRUNO
Associated Press
NEW YORK Wall Street
ended a mildly erratic day
slightly lower Thursday after
anxiety about widening credit
problems offset investor opti-
mism about a $2 billion capital
infusion into troubled mortgage
lender Countrywide Financial.
The market gave up a moder-
ate early gain, but fluctuations
were to be expected given the
amount of uncertainty about the
credit markets, and the fact that
stocks posted big gains
Wednesday, pushing the Dow
Jones industrials up 145 points.
Bank of America announced
late Wednesday it will invest
the money into the nation's
largest mortgage lender to help
it better weather problems with
defaulting subprime loans. The
investment was seen as a way to
not only prop up Countrywide,
but also prevent any further
losses at the mortgage lender
from hurting the underlying
economy.
The market will likely be
.trading nervously "until we get
some clarity from the Fed," said
Jim Herrick, manager and direc-
tor of equity trading at Baird &
Co.
The Federal Reserve's moves
to ease the market's credit con-
cerns, including cash injections
into the banking system and a
lower discount lending rate to
banks, have had some palliative
effect on Wall Street, evidenced
by the ebbing of the extreme
volatility of recent weeks. But
regarding the Fed's moves and
Bank of America's investment
in Countrywide, "some would
argue that this is a Band-Aid
approach to a bigger problem ...
The big unknown is how wide-
spread this problem is," Herrick
said.
The market showed little
response Thursday to policy-
makers' infusion of another
$17.25 billion into the banking
system to help boost liquidity,
adding to the $41.25 billion the
central bank has injected since
the beginning of last week.
The Dow fell 0.25, or less
than 0.01 percent, to 13,235.88.
Broader indexes fell mod-
estly. The Standard & Poor's
500 index lost 1.57, or 0.11 per-
cent, closing at 1,462.50, and the
Nasdaq composite index fell
11.10, or 0.43 percent, to 2,54L70.
The Russell 2000 index fell
1031, or 129 percent, to 788.25.
Though the major stock
indexes finished a bit lower,
advancing issues narrowly out-
numbered decliners on the New
York Stock Exchange. Consoli-
dated volume came to a light
3.08 billion shares, down from
3.29 billion Wednesday.
Government securities were
mixed. The 10-year Treasury
note's yield fell to 4.63 percent
from 4.65 percent late Wednes-
day, but the 3-month Treasury
bill's yield surged to 3.93 per-
cent from 3.66 percent.
Crude oil rose 57 cents to
$69.83 a barrel on the New York
Mercantile Exchange. Gold
dipped slightly. The dollar was
mixed against other currencies.
Britain's FTSE 100 rose 0.01
percent, Germany's DAX index
rose 0.15 percent, and France's
CAC-40 rose 0.09 percent. In
Asia, Japan's Nikkei stock aver-
age closed up 2.61 percent, and
Hong Kong's Hang Seng Index
rose 2.77 percent.


PORT SECURITY


4; -




PHOTOS BY DAMIAN DOVARGANES/AP
ON GUARD: A patrol boat guards the Port of Los Angeles. To thwart a nuclear terrorist, the U.S. is
requiring screening of all U.S.-bound ships.



Congress: Screen all


U.S.-

BY JIM ABRAMS
Associated Press
WASHINGTON The specter
of a nuclear bomb, hidden in a
cargo container, detonating in an
American port has prompted Con-
gress to require 100 percent screen-
ing of U.S.-bound ships at their
more than 600 foreign starting
points.
The White House and shippers
maintain that the technology for
scanning 11 million containers each
year doesn't exist, and say the
requirement could disrupt trade.
Current procedures including man-
ifest inspections at foreign ports
and radiation monitoring in U.S.
ports are working well, they con-
tend.
Nonetheless, President Bush
earlier this month signed the mea-
sure into law, praising its shift of
funds to states and cities at higher
risk of terrorism attack and saying
he will work with lawmakers to
ensure the cargo screening provi-
sions don't impede commerce.
Scanning containers at their
point of origin in other countries is
a highlight of that law, intended to
fulfill recommendations of the 9/11
Commission for safeguarding the
United States from terrorist attack.
It sets a five-year deadline for hav-
ing the system in place but rec-
ognizing the technology might not
be ready gives the Homeland
Security secretary the authority to
extend that deadline by two-year
increments.
"If a terrorist manages to con-
ceal a weapon of mass destruction
in a shipping container, it must be


-bound ships


MORE SCREENING: A truck goes through a new radiation-scanning
machine during a demonstration at the Port of Long Beach in
Long Beach, Calif.


discovered long before that con-
tainer reaches our shore," House
Speaker Nancy Pelosi said in sup-
port of the measure.,
Rep. Edward Markey, D-Mass., a
chief proponent, said the costs and
complexity involved in the new
system pale beside the devastating
effect of a nuclear attack launched
from a big city port. "The truth is,
we cannot afford not to do it."
The White House issued a state-
ment strongly opposing the scan-
ning requirement, saying it was
"neither executable nor feasible."
Opponents warned that it could
cause huge backlogs at the nation's
seaports, which handle some 95


percent of goods coming into the
country.
Industry groups that lobbied
against the 100 percent screening
asked whether Congress intends to
cut off trade with small-volume
ports that can't install the needed
technology. They also warn of for-
eign governments retaliating by
requiring U.S. ports to set up the
same inspection regimen.
"You have to have the permis-
sion of all these foreign points,"
said James Carafano, a defense
expert at the Heritage Foundation.
"There are a lot of people around
the world who are going to be
really teed off about this."


ECONOMY



Fewer



people


sign up


for jobless


claims

BY JEANNINE AVERSA
Associated Press
WASHINGTON Fewer people
signed up for jobless benefits last
week, an encouraging sign that most
businesses aren't resorting to big lay-
offs amid a housing slump and the
painful credit crunch.
The Labor Department reported
Thursday that new applications filed
for unemployment insurance dipped
by 2,000 to 322,000 for the week end-
ing Aug. 18. It marked the first drop in
new claims in roughly a month.
The showing was a bit higher than
the 320,000 analysts were forecast-
ing. Still, the level of claims suggested
that the employment climate remains
in fairly good shape despite problems
in housing, tighter credit, and turmoil
on Wall Street in recent weeks.
"The main message here is at least
so far there is little contagion effect
from Wall
Street," said Ken The level of
Mayland, presi-
dent of Clear- Claims
View Econom- ted
ics. "The jobless suggest
claims figures that the
have been rela-
tively stable. As employment
long as the num- .
ber is below climate
350,000 it is gen- remains in
erally consistent
with a decent fairly good
economy and a
r relatively shape.
healthy labor
market," he explained.
Meanwhile, the four-week moving
average of claims, which smooths out
week-to-week volatility, rose to
317,750 last week, an increase of 4,750
from the prior week. A year ago,
these claims stood at 316,750.
The number of people continuing
to collect unemployment benefits
also went up by 16,000 to 2.57 million
for the week ending Aug. 11, the most
recent period for which that informa-
tion is available. A year ago, this fig-
ure stood at 2.48 million.
So far, national employment has
managed to remain fairly sturdy
despite job losses related to the deep
housing slump, which has persisted
for more than a year. The unemploy-
ment rate did edge up to 4.6 percent
in July, a six-month high. Yet, the rate
is still low by historical standards.
Looking ahead, Omair Sharif, an
economist at RBS Greenwich Capital,
said jobless claims may creep higher
in coming weeks "given the recent
spate of layoffs announced by mort-
gage and other financial firms...."


AIRLINES


British Airways, Korean Air fined $300M


BY MATT APUZZO
Associated Press
WASHINGTON Two major
airlines were fined $300 million
apiece Thursday after admitting they
conspired to fix prices on interna-
tional flights and agreeing to help
prosecutors investigate other air-
lines.
British Airways, Britain's largest
airline, and Korean Air, South
Korea's national carrier, pleaded
guilty to antitrust conspiracy charges.
They acknowledged colluding with
rivals over cargo rates and fuel sur-
charges, which were added to fares in
response to rising oil prices. That
meant higher-costs for international
shippers and passengers.
U.S. District Judge John D. Bates
said the case "involved considerable
commerce and reflected long-term
and widespread conduct involving
major airlines and players."
FINES REDUCED
Both saw their potential fines
reduced because they cooperated
with Justice Department investiga-
tors. Korean Air's fines could have
been twice as high and British Air-


ways could have faced fines closer to
$900 million, but the Justice Depart-
ment and the judge credited the com-
pany with cooperating.
"Any anticompetitive behavior is
to be condemned at British Airways
or at other companies. It will not be
tolerated and we remain vigilant in
this respect," British Airways Chief
Executive Willie Walsh said in a
statement released after court.
OFFERS COMPLIANCE
Korean Air released a statement
saying it was "committed to antitrust
compliance" and was taking steps to
make sure the conduct was never
repeated. Neither company
addressed the extent of its coolpera-
tion or how widespread the practice
was in the industry.
Earlierithis month, authorities in
London announced $246 million in
fines for British Airways in a parallel
trans-Atlantic investigation. Both
inquiries are ongoing.
As part of their plea deals, the air-
lines acknowledged they colluded
with other unidentified comp anies
from 2000 to 2006. The cargo rate
scheme meant higher shipping costs


KIRSTY WIGGLESWORTH/AP
PRICE-FIXING: A British airways plane is shown flying over residential
.rooftops right before landing at Heathrow Airport in London. The
airline was fined $300 million Thursday after pleading guilty to
antitrust charges.


for businesses. For passengers, the
scheme meant more expensive tick-
ets because the surcharges were
wrapped into the ticket fare.


Between 2004 and 2006, fuel sur-
charges rose from about $10 to about
$120 per ticket for a round-trip, long-
haul flight on BA or Virgin.


he Mliami Heratl (FRIDAY, AUGUST 24, 2007


__~_


~ I_


__~_~~


Il --1 I I 1 I --~-~- III PII ,Irannm~~~-a~~o~~Z~a~,~ I Ir


.......-~-..-.












4B I FRIDAY, AUGUST 24, 2007 INTERNATIONAL. EDITION ___MiamiHerald.com I THE MIAMI HERAL


S&500S -1.57 NASDAQ 11.10 DOW -.25 30-YR T-BONDS -.03 CRUDEOIL +.57 6-MO T-BILLS +.12 EURO +.0021 $GD -.20

1,46250 2,541.70 M on,235.88 4.92 $69.83 4.17Ma rke 1.3557ts658.90


Money&Markets


1,650

1,600

1,550

1,500

1,450

1,400

1,350


...2,800 2,640


1,500


8-tm -


400 ...... ....7.......... 0 .2,480 .... ..

300 10 DAYS 2,320 10 DAYS






S&P 500 2,400oo ... .. .. Nasdaq composite
SClose: 1,462.50 Close: 2,541.70
SChange: -1.57 (-0.1%) Change: -11.10 (-0.4%)
.. .. .. ............ .......... ................... 2,30 0 ......... ........ ..................
M A M J J A M A M J J A


s- Recap

NYSE NASD
Vol. (in mil.) 3,084 1,601
Pvs. Volume 3,299 1,768
Advanced 1674 1202
Declined 1645 1836
New Highs 16 30
New Lows 18 51


Name Last Chg
ABB Ltd 23.05 -.05
ABN Amro 47.04 -.09
ACE Ltd 58.27 -1.04
AES Corp 18.79 -.22
AFLAC 53.48 +.21
AMR 24.40 -.48
ASML Hid 28.39 +.01
AT&T Inc 40.10 +.32
AU Optron 14.88 +.03
AXA 40.23 -.15
AbtLab 52.16 +.02
AberFitc 77.16 -.47
Accenture 40.42 +.16
AdobeSy 40.60 -.17
AMD 12.06 +.05
Advantst rs 37.21 -.11
Aegon 18.21 -.04
Aetna 49.41 -.18
Agilent 34.64 +.26
Ahold 12.84 +.10
AFrance 39.36 -.64
AirProd 87.27 -1.51
Akzo 76.59 +.87
Alcan 96.81 -.30
AlcatelLuc 10.94 -.01
Alcoa 35.77 -.45
Alcon 134.85 +.83
AllgEngy 53.79 +.68
AllegTch 95.18 -2.10
Allergan s 60.30 -1.37
AlliData 77.01 -.37
AlliBern 84.21 +1.42
Allianz 21.64 -.17
Aldlrish 53.14 +.28
Allstate 55.99 -.45
Alltel 67.96 +.24
AlteraCp If 23.37 -.18
Altria s 68.63 +.39
AlChina s 48.42 -.54
AmBevC 61.96 +.11
AmBev 64.68 -.39
Amazon 77.30 -1.20
AmbacF 64.12 +.36
Amdocs 34.93 -.34
Ameren 51.20 +.55
AMovilL 59.43 +.93
AMovilA 59.41 +1.36
AmCapStr 40.34 -.30
AEP 46.24 -.40
AmExp 60.03 -.10.
AmIntGp If 67.08 +.39
AREst 116.60 -3.25
AmStand s 35.79 -.83
AmTower 38.85 -.52
Ameriprise 60.94 -.60
AmeriBrg 48.48 +1.52
Amgen 50.25 +.95
Amphenol s 34.25 -.51
Amylin 50.07 +.24
Anadarko 48.84, +.19
AnalogDev 36.40 -.47
AngloAm 27.49 -.13
AnglogldA 37.52 -.27
Anheusr 48.00 +.21
Aon Corp 43.07 -.68
Apache 75.72 +1.33
ApolloGrp 57.75 +.02
Apple Inc 131.07 -1.44
ApplBio 31.92 +.67
ApldMatI 20.70 +.13
ArcelorMit 59.60 -.55
ArchDan 32.86 +.39
ArchstnSm 58.74 -.25
Assurant 52.35 +.59
AstraZen 48.30 +.39
Autodesk 45.04 -1.04
AutoData 46.81 -.15
AutoZone 120.70 -2.06
AvalonBay 115.25 -.73
Avaya 16.81 -.06
AveryD 59.90 +.40
Avon 34.20 -.29
BASF 125.95 +.32
BB&T Cp 40.17 -.45
BCE g 37.63 +.04
BG Grp 75.07 -.19
BHP BillLt 60.96 +1.37
BHPBil pic 55.50 +.98
BJ Svcs 24.58 +.48
BMC Sft 30.39 +.19
BP PLC 65.88 +.61
BT Grp 61.36 +.56
BakrHu 79.35 +1.07
BcBilVArg 22.84 -.27
BcBrades s 23.85 -.27
Bncoltau 41.80 +.11
BcoSnCH 18.19 -.08
BcSanChile 46.04 +.44
BkofAm 51.83 +.18
Bklrelnd 74.58 +.30
BkMont g 63.13 +1.01
BkNYMel 41.85 -.16
BkNova g 48.15 +.07
Barclay 50.53 -.31
Bard 82.46 +.01
BarrickG 32.63 -.61
Baxter 52.49 +.66
BayerAG 76.50 -.70
BearSt 116.61 +1.86
BectDck 77.05 +.10
BedBath 34.37 -.15
BerkHaA 118800 +800
BerkH B 3945 +6
BestBuy 44.04 -.30
Biogenldc' 59.97 +.41
Biomet 45.70
BlackRock 159.87 -.53
BIEnhGvln 17.63 -.47
BlkFltRtInc 16.92 -.01
Blackstn n 25.27 +.33
BlockHR 19.20 -.24
Boeing 96.74 -1.25


Name Last Chg
BCE Inc 39.67 -.28
EnCanaCorp 62.10 +.44
BkMontreal 66.70 +.69
RedcorpVeno .26 -.01
Bk NS 50.85 -.25
EldoradoGId 5.24 +.02
lamgoldCorp 7.59 -.11
FirstNickelo' .88 +.03


HIGH LOW CLOSE CHG. %CHG. WK MO QTR YTD


DOW 13298.64 13169.15 13235.88 -0.25 ...% A V
DOW Trans. 4958.72 4837.52 4861.08 -63.49 -1.29% A V
DOW Util. 499.74 492.62 495.69 -0.39 -0.08% A A
NYSE Comp. 9536.98 9423.00 9478.62 +1.49 +0.02% A V
NASDAQ 2565.35 2530.57 2541.70 -11.10 -0.43% A V
S&P 500 1472.06 1453.88 1462.50 -1.57 -0.11% A V
S&P 400 860.80 848.62 852.34 -3.84 -0.45% A V
Russell 2000 802.57 786.66 788.25 -10.31 -1.29% A V
Wilshire 5000 14830.16 14644.23 14720.75 -30.03 -0.20% A V


Name Last Chg
BostProp 98.58 -1.34
BostonSci 12.71 +.24
BrMySq 29.00 +.25
BritATob 65.78 +.52
BritSky 52.88
Broadcom 33.26 -.21
BrkfldAs gs 34.96 -1.08
BrkfldPr s 23.92 -.18
BungeLt 86.67 -1.01
BurlNSF 79.98 -.82
CA Inc 24.82 +.40
CB REIlls 31.35 +.34
CBS B 31.24 -.15
CDW Corp 85.21 -.13
CGG Verit 47.56 +36
CH Robins 48.80 -.38
CIGNA s 49.89 -.09
CIT Gp 37.37 -.19
CME Grp 555.05 +8.45
CNA Fn 43.48 +.08
CNH Gbl 47.99 -.65
CNOOC 115.00 +4.53
CPFL En 52.41 +.71
CRH 41.99 -.95
CSX 42.40 -1.42
CVS Care 36.82 -.18
CablvsnNY 3326 +.11
CadbyS 45.35 +.11
Cadence 21.23 +.10
Cameco gs 38.57 -.38
Cameron .75.21 +1.19
CampSp 37.18 -.15
CIBC g 89.91 +.85
CdnNRy g 51.44 -30
CdnNRs g 65.91 +1.12
CP Rwy g 68.35 +.05
Canon s 54.26 +1.88
CapOne 66.85 -.09
CardnlHIth 6950 -36
Carnival 45.14 +.02
CarnUK 44.16 +.12
CarolinaGp 73.64 +.15
Caterpillar 75.17 -.13
Celgene 60.26 +37
Cemex 30.90 -.03
Cemig pf s 18.61 +.02
ChesEng 32.73 +22
Chevron 85.48 +.09
ChinaLfe s 6324 -..47
ChinaMble 61.35 +.56
ChinaNet 47.92 -.14
ChinaPet 102.88 +2.31
ChinaTel 53.84 -.91
ChinaUni 17.15 +31
Chubb 5121 -.54
ChungTel 16.42 +.13
CinnFin 42.81 -.29
Cisco 30.27 +.01
Citigrp 48.35 -.08
CitrixSy If 34.99 -.02
ClearChan 36.80 -.20
ClearCh 24.27
Clorox 60.98 +.90
Coach 44.14 +.47
CocaCE 23.86 -.07
CCFemsa 40.49 +.23
CCHellen 46.50 -1.49
CocaCI 53.98 +.03
CogTech 74.55 -.47
ColgPal 66.68 -.11
Comcast s 25.47 +.47
Comc sp s 25.34 +.46
Comerica 58.17 -.79
CmcBNJ 3723 -.20
CVRD 45.02 +.74
CVRD pf 38.36 +1.16
CompsBc 67.48 -.34
CompSci If 57.73 +1.97
ConAgra 25.25 -.51
ConocPhil 79.40 +.50
ConsolEngy 40.37 +.34
ConEd 46.66 -34
ConstellEn 86.55 +1.33
Coopers 50.02 -1.44
Corning 23.39 -.21
Costco 60.85 -.41
CntwdFn 22.02 +.20
CoventryH 57.30 +.48
Covidien n 39.52 -36
CredSuiss 66.20 -.39
CrwnCstle 36.52 -.70
Cummins s 112.59 -3.23
DJIA Diam 132.17 -.12
DTE 48.22 -.05
DadeBeh 75.09 -.02
DaimlrC 85.45 -.17
Danaher 76.14 -1.10
Darden 41.37 -.06
Dassault 58.98 -.02
DaVita 55.49 +.22
Deere 127.38 -3.34
Delhaize 94.10 +2.17
Dell Inc If 27.24 +.28
DeutschBk 123.94 -2.53
DeutTel 18.41 +.10
DevDv 51.99 -.41
DevonE 74.07 +1.02
Diageo 81.77 +1.72
DiaOffs 98.60 +2.81
DirecTV 22.33 -.09
Discover n 23.70 -.03
DiscHoldA 23.28 -.92
Disney 33.16 -.41
DomRes 88.47 -.12
DonlleyRR 35.95 +.15
Dover 49.15 -.77
DowChm 43.04 +.07
DuPont 48.94 +.02
DukeEgy s 18.48 -.01
ETrade 15.34 +.09
E.ON AG 53.69 -.16
eBay 34.20 -.25



Name Last Chg
UraniumOneJ 11.86 +.11
CamecoCorp 40.65 -.80
YamanaGIdo 10.57 -.24
AndersonEnerg 3.90 +.08
KhanReso 1.60 +.18
SaskWheatPI 10.60 +.08
EasternPlat 2.12 -.02
HznBetaProBr 21.70 +.06


WidelyHeldStocks
Name Last Chg
EMC Cp 19.45 -.39
ENI 66.26 +.13
EOG Res 67.07 +.37
EKodak 27.50 +.03
Eaton 91.66 -1.70
EchoStar 40.20 +1.02
Ecolab 40.96 -.06
Edisonint 54.36 -.01
Edwards 83.30 +.11
EIPasoCp 16.09 +.06
Elan 18.63 +.43
ElectArts 52.69 +.85
EDS 23.13 -.17
Embarq 60.20 +.35
EmersnEI s 46.23 -.73
EEIChile 42.25 -.89
Enbridge 33.11 +.35
EnCana 58.75 +.79
Endesa 53.73 -.47
Enel 51.00 +.07
Energizer 105.99 -.96
EngyTEq 36.97 +352
EngyTsfr 53.47 +.90
Enersis 17.33 -.41
EnhEqYP 18.21 -33
ENSCO 56.69 +.86
Entergy 103.03 +.69
EntPrPt 29.89 -.40
EqtRes 50.02 +.09
EqtyRsd 41.14 -.53
EricsnTI 36.60 +.28
EsteeLdr 41.88 +.53
EverestRe 103.47 +1.02
Exelon 72.43 -.25
Expedia h 29.31 +.78
ExpdIritl 45.14 -.13
ExpScrip s 54.03 -.11
ExxonMbl 83.75 +.17
FPL Grp 60.44 -.31
FannieM If 68.13 -1.25
Fastenal 45.56 -1.81
FedExCp 11031 -26
Fiat 25.50
FidNInfo 47.75 -31
FifthThird 37.01 -.14
FirstData s 32.71 -.12
FstSolar n 94.20 -4.87
FTSpcFn n 16.24 +.38
FirstEngy 63.21 -.16
Fiserv 47.95 +.30
Flextrn 10.92 -.26
Fluor 120.85 -2.11
FEMSA s 35.16 -22
FordM 7.75 -.10
ForestLab 37.84 -.37
FortuneBr 82.05 -1.20
FosterWh 109.88 +1.63
FranceTel 29.72 +.30
FrankRes 132.69 -.02
FredMac '64.04 -.85
FMCG 84.23 -1.36
FresenM 48.24 +.78
Fujifilm 42.10
GameStops 47.45 +4.03
Gannett 48.88 +.76
Gap 17.40 -.08
Garmin 101.30 -.07
Genentch 73.32 +.23
GenDynam 77.67 -.50
GenElec 39.12 -.02
GnGrthPrp 50.32 -1.17
GenMills 56.80 +.06
GnMotr 30.75 -.58
GenuPrt 48.26 -.21
Genworth 3039 -.07
Genzyme 60.24 -.29
Gerdau 22.59 +.15
GileadSci s 37.18 -.31
GlaxoSKIn 51.58 +.10
GlobalSFe 69.14 +1.99
GoldFLtd 14.58 -.17
Goldcrp g 23.03 +.42
GoldmanS 177.50 -.39
Goodrich 60.55 -1.02
Goodyear 28.83 -.66
Google 512.19 -.56
Graingr 88.73 -.66
GrantPrde 53.49 +.75
GpTelevisa 24.87 +.35
HDFC Bk 81.06 -3.22
HSBC 90.14 -.61
Hallibrtn 33.37 +.77
HarleyD 55.13 -1.21
Harman 114.21 -.56
HarrahE 85.50 -.05
HarrisCorp 58.46 -.76
HartfdFn 90.54 -.56
HlthCrPr 29.35 +.30
HealthNet 53.73 -.34
Heinz 45.22 +.08
HellnTel 15.83 -.10
Hershey 46.60 +.06
Hertz n 22.30 +.04
Hess 57.67 -.06
HewlettP 47.65 +1.23
Hilton 45.76 +.04
Hitachi 66.35 +.36
HomeDp 34.02 -.75
Honda 32.19 +.05
HonwIllntI 55.87 +.05
Hospira .38.16 +.17
HostHotIs 22.04 -.17
HuanPwr 42.60 +.01
HudsCity 14.14 -.08
Humana 64.24 +.21
HutchTel s 18.73 +.16
IAC Inter 27.19 -.28
ICICI Bk 41.42 -.96
ING 40.28 +.03
iShEMU nya 111.33 -1.19
iShJapan 13.90 +.10
IShMalasia 11.13 +.09


Name last Chg
iShDJDv 69.69 -.38
iShSP500 146.70 -.20
iShEmMkt 127.95 +.65
iSh EAFE 76.92 +.34
iSR1KV nya 83.72 -.03
iSR1KG nya 58.16 -.08
IShR2K nya 78.61 -1.02
iShMSCIV 74.17 +.36
ITT Corp 62.61 -1.54
ITW 56.50 -.94
ImpOil gs 42.40 +.72
ImpTob 86.09 +1.09
IndoTel 45.66 +.48
Infineon 14.92 -.24
InfosysT 45.99 +.02
IngerRd 50.51 -.75
Intel 24.23 +.08
IntcntlEx 139.55 +.72
IntCtlHtl 21.54 +.37
IBM 111.45 +1.45
IntlGame 35.65 -.71
IntPap 33.94 +.12
Intuit 28.01 -.93
IntSurg 205.50 -5.43
Invesco 24.44 +.14
JPMorgCh 45.67 -.33
JacobsE s 63.17 -1.01
JohnJn 62.11 +.10
JohnsnCtl 110.76 -3.56
JnprNtwk 32.17 -.49
KLA Thec 58.43 -.67
KPN 15.98 +.04
KT Corp 22.49 -.06
Kellogg 54.17 +.17
Keycorp 34.53 +.21
KeySpan 42.08 +.48
KimbClk 69.66 +.02
Kimco 41.61 +.10
KindME 50.88 -.03
Kinross g 11.46 -.30
Kohls 58.37 -1.58
Kookmin 79.21 -.33
KoreaElc 21.98 -.07
Kraft 32.10 +.04
Kroger 26.40 -.01
Kubota 40.48 +.46
Kyocera 91.40 +2.59
L-3 Corn 97.58 -.45
LG Philips 22.68 +.29
LabCp 75.26 -.58
LafargeSA 38.45 +.64
LamRsch 53.54 -.99
LVSands 99.92 +.55
LeggMason 87.98 -.11
LehmanBr 58.18 -.36
LeucNatl 43.81 -.96
Level3 4.98 -.05
LibGlobA 40.00 -.35
LibGlobB 40.20
LibGlobC 38.75 -.25
LibtyMintA 18.83 -.01
LibtMCapA 109.90 -.34
LillyEli 55.87 +.13
Limited 23.69 +1.44
LincNat 61.25 +.21
LinearTch 34.84 -.05
LloydTSB 44.62 +.22
LockhdM 96.93 -.86
Loews 47.27 -.11
Lowes 29.63 -.19
Luxottica 34.52 +.16
Lyondell 45.89 +.41
M&T Bk 106.09 -2.20
MBIA 60.08 -.57
MEMC 58.21 -1.53
MGMMir 82.80 +1.86
Macerich 81.46 -1.39
Macys 31.13
Magnal g 89.40 +1.16
Manpwl 72.81 +.19
Manulif gs 38.46 +.57
Marathon s 51.15 -.79
MarlntA 43.74 +.42
MarshM 26.41 -.56
Marshals 44.71 -.79
MarvellT 17.85 +.16
Masco 26.75 -.06
MasterCrd 142.29 -2.53
Matsush 17.47 +.02
Mattel 22.09 -.37
Maxim hlf 31.43 +.30
McDermlnt 83.11 -.53
McDnlds 49.85 +.49
McGrwH 50.35 +.18
McKesson 58.49 -.35
MedcoHlth 84.57 -.43
Medtrnic 53.56 +.92
Merck 50.50 +.14
MerrillLyn 75.89 -.55
MetLife 66.70 -.06
MetroPCS n 25.53 -.01
Metso 62.09 +.71
Microchp 37.15 -.39
MicronT 11.12 -.33
Microsoft 28.30 +.08
Millicomint 78.57 -1.90
Mirant 39.34 +.62
MitsuUFJ 9.73 +.13
Mitsui 409.35 +15.35
MizuhoF n 12.36 +.31
MobileTel 60.34 -:2.41
Mohawk 86.28 -.25
MolsCoorsB 85.88 -2.13
Monsanto 65.59 -.91
Moodys 46.24 -.34
MorgStan 64.31 +.22
Mosaic If 39.61 -.70
Motorola 16.60 +.06
MurphO 59.15 +.14
NCR Cp 49.47 +.02
NEC 4.69 -.03
Nil HIdg 76.81 -.07


TorontoStockExchange
Name Last Chg Name Last ,Chg
Sherrittlntl 15.20 +.25 MolyMnsOrdo 3.93 -.47
TeckComBSV 44.50 +.08 BreakwaterRes 2.71 +.04
AndersonRec 3.90 -.10 DenisonMines 9.56 +.24
Southernera .52 -.02 PinetreeCapo 4.12 -.11
Royal Bnk 55.43 +.75 Sino Forest 16.15 -.1.04
EqnoxMnrlso 3.39 -.13 TalismanEgy 18.20 +.09
ISharesCDN60 78.46 -.24 GrandeCacheo .91 +.03
ManulifeFin 40.58 +.36 RogersCommB 47.31 -.89


A +6.20%
V +6.60%
A +8.52%
A +3.72%
A +5.23%
A +3.12%
V +5.96%
V +0.07%
V +3.25%


Name Last Chg
NRG Egy s 38.50 +.43
NTTDoCo 15.16 +.09
NYMEX .125.80 -.26
NYSE Eur 74.48 +.07
Nabors 28.90 +37
NBkGreece 11.72 +.49
NatlCity 27.98 -.29
NatGrid 72.14 +.04
NOilVarco 116.79 +3.31
NatSeml 26.42 +.19
NetwkAp 27.34 -.11
NewellRub 25.80 -.29
NewmtM 40.53 -23
NewsCpA 20.40 -.05
NewsCpB 22.04 +.15
Nexen g s 28.28 +30
Nidec 16.63 -34
NikeB wi 54.03 -6
NippnTT 2232 -.01
Nissan 19.57 +.02
NobleCorp 97.64 +2.02
NobleCp wi 49.10
NobleEn 60.27 +.42
NokiaCp 30.14 -.39
Nomura 17.79 +.02
Nordstrm 47.12 -.01
NorflkSo 50.98 -1.95
Norsk 35.99 +.74
Nortel lfrs 18.76 +.69
NorTrst 61.02 -1.72
NorthropG 76.48 -.31
Novartis 52.56 +.24
NovoNdk 109.95 +.81
Nucor 51.53 -2.03
Nvidia 48.00 -.41
OcciPet 55.06 +.11
OffcDpt 24.08 -.12
Omnicm s 50.37 +.19
Oracle 19.37 +.05
Orix 110.55 +.54
Owensill 38.80 +.34
PG&E Cp 44.98 -.02
PNC 72.29 -.71
POSCO 138.10 +2.28
PPG 72.78 -.39
PPL Corp 48.60 +.35
Paccar 81.45 -1.61
ParkHan 102.08 -1.11
Paychex 43.77 -.20
PeabdyE 42.55 +.79
Pearson 15.00 +.01
PennWst g 28.88 +.42
Penney 64.55 -.55
PepsiBott 35.06 +.08
PepsiCo 67.91 -.89
PetroC g 50.44 +,98
PetChina 140.64 +1.35
PetrbrsA s 49.25 +.39
Petrobrs s. 57.37 +.21
Pfizer 24.62 -.03
PhilLD 56.00 +1.06
PhilipsEl 38.35 -.13
PitnyBw 44.37 +.28
PlainsAA 56.81 +.31
PlumCrk 42.27 +.13
Polo RL 79.10 +.45
PortglTeI 13.32 -.43
Potash s 85.04 -.14
PwSMidG 22.55 -.11
PwShs QQQ 47.53 -.13
Praxair 75.19 -1.24
PrecCastpt 134.73 -1.46
PriceTR 51.46 -1.46
PrinFncl 56.63 -.67
ProctGam 65.04 +.30
ProgrssEn 46.55 -.72
ProgsvCp 22.65 -.17
ProLogis 58.98 -1.10
PrudentI 88.18 -1.65
Prud UK 27.80 +.30
PSEG 87.10 +.68
PubStrg 75.71 -1.72
Publicis 42.46 +.02
Qualcom 37.86 +.59
QstDiag 54.78 -.11
Questar s 49.22 +.82
QwestCm 8.95 +.10
Raytheon 57.28 -.19
ReedElsNV 35.27 +.15
ReedEls plc 46.95 +.17
RegionsFn 32.60 -.20
ReliantEn 26.37 +.43
Repsol 35.26 -.24
RschMot s 80.46 -1.35
ReutrGrp 76.60 +.84
Rexam 53.27 +.36
ReynldAm 64.61 -.65
RioTinto 261.60 +2.20
RockwlAut 68.55 -.81


RockColl
RogCm gs
RoHaas
Rostele If
RoyalBk g
RylCarb
RoyDShllB
RoyDShIlA
Ryanair s
SAP AG
SK TIcm
SLGreen
SLM Cp
STMicro
Safeco
Safeway
SUtJude
SanDisk
Sanofi
Santos
SaraLee
Sasol
Satyam s


67.40 -.65
44.85 -.50
57.49 -.63
58.95 -.05
52.46 +.91
39.07 -.34
74.85 +.32
74.80 +.42
38.51 -.59
52.28 -.21
27.21 -.17
113.42 +.25
49.84 -.21
16.76 -.11
59.16 -.16
32.57 -.33
43.16 +.06
53.12 -1.58
39.92 -.13
39.66 +.60
16.66 -.08
38.08 60
24.10 +.28


Name Last Chg
PaladinOrdo 5.54 +.02
NortelNetwork 19.81 +.54
MiramarMng 4.58 -.23
WsternOilA 37.12 -.03
LundinMng 11.33 -.38
CnstltnCpro 1.12
NuvoResearch .12
MirabelaOrdJ 3.79 +.20


Goldcorplnc 24.36 +.35
BarrickGold 34.48 -.86
TD Bank 70.49 +1.06
HudBayMnrls 23.74 +.51
CelesticaSV 5.77 -.02
BombdrBSV 5.69 -.05
PlutonicPwro 6.77 +.02


Interestrates



FIA














PRIME FED
RATE FUNDS
YEST 8.25 4.75
PREV 8.25 4.50
WK AGO 8.25 5.00


NET 1YR
TREASURIES YEST PVS CHG WK MO QTR AGO
3-monthT-bill 3.83 3.66 +0.17 V V V 5.11
6-month T-bill 4.17 4.05 +0.12 V V V 5.17
1-year T-note 4.12 4.07 +0.05 V V V 5.03
2-year T-note 4.16 4.11 +0.05 V V V 4.87
5-year T-note 4.35 4.31 +0.04 A V V 4.77
10-year T-note 4.61 4.61 ... V V V 4.81
30-year T-bond 4.92 4.95 -0.03 V V A 4.95

NET 1YR
BONDS YEST PVS CHG WK MOqfTR AGO
Lehman Long T-Bd Idx 4.92 4.94 -0.02 A V A 4.98
Bond Buyer Muni Idx 5.03 5.04 -0.01 A A A 4.74
Lehman US Aggregate 5.44 5.40 +0.04 V V A 5.47
Lehman US High Yield 9.10 9.18 -0.08 A A A 8.39
Moodys Bond Index 5.87 5.85 +0.02 V A A 5.62
Bank Index 108.51 109.18 -0.67 A A V 110.86
DJ Corp Bond 199.09 198.75 +0.34 A A 189.39


Name Last Chg
SchergPI 30.29 +.24
Schlmbrg 92.42 +1.38
Schwab 19.64 -.26
SeagateT 24.70 +.23
SearsHIdgs 141.43 -2.20
SempraEn 54.53 +.40
ShawC gs 22.91 +.19
Sherwin 69.34 -.23
Shinhan 122.49 -.18
Shire 75.97 +1.54
SiderNac 51.75 +1.24
Siemens 124.10 +.54
SigmAl s 45.92 -.76
Slcnware 10.15 +.16
SimonProp 94.93 -1.37
Smith&N 57.38 +.53
Smithlntl 61.96 +1.47
SonyCp 46.90 +.24
SouthnCo 36.00 -.31
SthnCopp s 98.43 -.71
SwstAirl 15.28 -.21
SwstnEngy 37.48 +.34
SovrgnBcp 18.51 -.46
SpectraE n 23.03 +.44
SprintNex 18.58 -.05
SPDR 146.52 -.13
SP Mid 154.95 -.56
Staples 23.33 -.19
Starbucks 27.52 -.02
StarwdHtl 60.87 +.75
StateStr 63.68 +.61
Statoll 27.60 +.42
Sterlite n 14.90 -.04
StoraEnso 17.32 +.35
sT Gold 65.31 -.09
Stryker 66.95 -.34
Suez 51.71 -.13
SunLfFn g 48.35 +.51
SunMicro 4.93 +.07
Suncor g 85.75 +.52
Sunoco 69.68 -.27
SunTrst 81.35 -.88
Supvalu 42.55 +1.43
Swisscom 34.70 +.10
Symantec 18.68 -.02
Syngenta 36.65 -.03
Synovus 28.79 -.37
Sysco 33.51 -.31
TD Ameritr 17.24 +.09
TDK 79.07 -1.00
TJX 29.89 +.04
TXU Corp 66.20 +.20
TaiwSemi 9.95 +.07
TalismE gs 17.20 +.17
Target 62.01 -1.57
TataMotors 15.56 -.21
TeckCm gs 42.19 +.38
TelcNZ 24.15 +.44
Telltalia 27.54 +.55
TelltaliaA 21.70 +.37
TelSPaulo 31.36 +1.80
TelefEsp 71.88 +.22
TelMexL 34.27 +.30
TelData 64.01 -.64
Telkom 88.34 -3.06
Telus g 50.75 -.17
Templeln 56.52 -1.13
Tenaris 46.74 +.42
Terex 77.15 -.64
Tesoro s 49.70 +.66
TevaPhrm 40.85 -.17
Texinst 34.15 +.02
Textron 113.74 -2.35
ThermoFis 51.82 +.39
Thomson 41.60 +.29
3M Co 88.75 -32
Tiffany 45.61 +.08
THorton g 32.27 +.28
TW Cable n 34.65 +.78
TimeWarn 19.04 +.11
TorDBk g 66.73 +1.38
Total SA 72.48 +.12
Toyota 115.31
TrCda g 34.85 +.87
Transocn 103.58 +2.44
Travelers 51.63 -.98
Thrkcell 16.61
TycoElec n 35.36 +.50
Tycolntl n 43.30 -.11
Tyson 21.60 +.63
UBS AG 52.50 -.26
UPM Ky 22.21 +.11
UST Inc 49.39 +.04
UltraPt g 56.55 -.18
UUniao 109.80 -.52
UnilevNV 29.89 +.04
Unilever 30.78 -.01
UnionPac 109.66 -3.21
UnBnCal 60.12 -.39
UtdMicro 3.26 +.06
UPS B 76.42 +.38
US Bancrp 32.81 -.16
US Cellular 94.20 +.25
USSteel 90.80 -1.93
UtdTech 73.30 -.57
UtdhlthGp 48.62 -.03
UnumGrp 24.96 -.08
VF Cp 82.62 +.73
ValeroE 66.28 +1.02
VeoliaEnv 72.49 +.75
Verisign 31.90 +.30
VerizonCm 42.15 +.33
ViacomB 37.49 -.55
VimpelC s 20.97 -.22
VimpelCm 102.47
VirgnMda h 23.28 -.10
VMware n 70.20 +3.35
Vodafone 31.51 +.26
Volvo s 17.11 -.11
Vornado 106.65 -.91
VulcanM 88.87 -1.94
-WPP Gp 70.26 +.26
Wachovia 49.70
WalMart 43.17 -.58
Walgrn 44.81 -.21
WA Mutl 36.92 -.48
WshPst 768.00 -11.59
WsteMInc 37.34 -.23
Waters 62.00 +.55
Weathfdlnt 56.86 +2.27
WellPoint 77.37 -.07
WellsFargo 36.45 -.25
WstnUn n 19.61 +.08
Westpac 109.61 +1.89
Weyerh 66.75 -.25
Whrlpl 96.96 +.25
WholeFd 43.34 -.19
WmsCos 31.42 -.08
Windstrm 13.88 +37
Wipro 13.51 -.14
Wolseley 20.66 -.25
WooriFn 68.71 -1.89
Wrigley 60.22 -1.25
Wyeth 46.61 +.12
Wynn 116.87 -1.83
XL Cap 78.27 -1.06
XTO Engy 53.72 -.53
XcelEngy 20.83 +.07
Xerox 16.73 +.06
Xllinx 25.38 -.40
YPF Soc 39.55 -.85
Yahoo 23.13 -.10
YumBrds s 32.21 +.02
Zimmer 77.09 +.95
ZionBcp 73.29 -1.18



Name Last Chg
ResrchlnMotn 84.96 -2.10


12-MO
NAV CHG%RTN


American Cent
Ultralnv 29.15 +.01+15.3
American Rinds
AmcapA m 21.30 -.04+16.9
BalA m 19.58 -.01 +12.8
BondA m 13.11 +.01 +4.6
CaplncBuA m 63.51 +.11 +16.9
CpWIdGrIA m 44.73 +.10+20.4
EurPacGrA m 50.21 +.19+192
FundmrnvA m42.72 -.05 +16.8
GrowAmerA m35.23 -.01 +16.1
GrowAmerB m33.97 ... +15.2
HilncA m 12.10 +.03 +6.7
IncAmerA m 20.63 +.02 +132
InvCoAmA m 35.32 -.01 +14.4
MutualA m 30.59 -.05 +162
NewEconA m 28.48 -.06+213
NewPerspA m33.95 +.10 +17.6
NwWrldA m 53.68 +.20 +30.6
SmCpWIdA m43.60 +.01 +28.3
WAMutinvA m36.63 -.04 +16.7
Artisan
Intl 30.65 +.15+17.5
Baron
Growth b 52.49 -.47 +20.9
Bernstein
TxMIntI 27.47 +.10+15.7
BlacdkRock
GlobAlcA m 19.26 +.05 +14.6
GlobAlcC m 18.17 +.05 +13.7
Calamos
GrowA m 59.46 -.07 +19.6
Columbia
AcornZ 31.33 -.20 +19.7
DFA
EmgMktVal 38.96 +.12 +51.1
IntlSmCap 22.14 +.16 +22.6
USLgVal 25.23 -.05 +12.9
USSmVal 28.79 -.34 +12.4
DWS-Scudder
DremHRtEA m51.48 -.04 +10,4
Davis
NYVentA m 39.75 +.01 +13.5
NYVentC m 38.16 +.01 +12.6
NYVentY 40.26 +.01 +13.8
Dodge & Cox
Bal 87.19 +.13 +10.2
Income 12.51 +.02 +5.2
IntlStk 46.34 +.33+19.0
Stock 154.00 +.25+12.7
Excelsior
ValRestrA 55.37 -.18 +17.7
Fidelity
AstMgr50 16.49 -.01+10.3
Bal 20.45 -.01+14.1
BIChGrow 46.87 ... +14.4
CapApr 28.46 -.11 +16.7
Caplnc 8.73 +.02 +9.2
Contra 70.00 +.03 +17.3
DiscEq 30.36 ... +14.4
DivGrow 33.13 +.03 +15.9
Divrlntl 39.37 +.22+18.0
Eqlnc 59.82 -.03+16.2
Eqlnc II 24.30 +.01 +15.8
FF2015 12.43 +.01+11.8
FF2040 9.67 ... +15.6
Fidelity 37.60 +.06+15.3
Free2010 14.80 ... +10.6
Free2020 15.76 +.01 +13.3
Free2030 16.35 +.01 +15.2
Govtinc 10.06 ... +5.1
GrowCo 75.95 -.01 +22.4
GrowInc 31.72 +.03 +12.7
IntBond 10.09 ... +3.6
IntlDisc 40.64 +.33 +20.2
InvGrdBd 7.16 ... +2.9
LevCoSt 32.69 -.03 +22.2
LowPriStk 44.55 -.10+16.2
Magellan 91.48 -.21 +15.9
MidCap 30.26 -.06 +18.3
OTC 46.97 +.02 +31.2
Overseas 48.69 +.21 +20.4
Puritan 20.41 ... +12.3
Reallnv 32.30 -.27 +2.5
ShlnBond 8.65 ... +2.5
TotalBd 10.23 .. +3.8
USBdIndx 10.72 ... +4.3
Value 85.43 -.13 +18.1
Fidelity Spartan


NAME


12-MO
NAV CHG %RTN


5001ndxAd 101.65 -.10 +152
5001ndxln 101.64 -.11 +15.1
USEqlndxA 51.88 -.06+152
USEqlndxl 51.88 -.06+15.1
First Eagle
GIbA m 47.79 +.16 +13.8
OverseasA m 26.41 +.14 +13.8
Franklemp-Franklin
CATFA m 7.10 ... +1.6
FedTFA m 11.75 ... +1.8
Income A m 2.68 +.01 +13.0
Income C m 2.70 +.01 +12.3
IncomeAdv 2.67 +.01 +13.2
FrankTemp-Mutual
DiscovA m 32.31 +.12 +1.7
Shares A m 26.55 +.02 +12.8
Shares Z 26.79 +.02+132
FrankTemp-Templeton
Fgn A m 14.24 +.10 +15.9
ForEqls 28.62 +.14 +24.7
Growth A m 25.86 +.10+12.6
Growth Ad 25.92 +.10 +12.9
World A m 19.87 +.10 +13.9
Franklin Templeton
FndAIIA m 14.08 +.04+12.5
GMO
GMOErgMktsVI d22.98+25
+40.8
Harbor
CapAplnst 34.53 -.05 +13.9
Intllnstl 67.18 +.30 +24.3
Hartford
AdvHLSIA 23.41 +.02 +14.4
CapAprA m 40.37 +.09 +183
CpOApmSlA 556 +.12 +2U
DvGrHLSIA 24.06 +.01 +1.4
Janus
Contrarian 1&875 +.06 +30.3
Growinc 40.16 +.05+122
Janus 30.36 -.01+17.3
Oaseas 51J +43 +3U
IMy 018 -.02 +216
John Hancock
ClsscValA n 27.66 -.05 +113
Liflal b 14.64 ... +11.7
LifGrl b 15.25 ... +13.5
Julius Baer
IntlEqA b 45.35 +.26 +22.8
IntlEql 46.38 +27 +23.1
IntlEqlll 15.96 +.08+19.6
Legg Mason
Valuelnst 78.88 -.10+14.3
ValuePr b 70.37 -.09 +13.2
Longleaf Partners
LongPart 36.29 -.13+19.1
Loomis Sayles
Bondl 14.33 +.07 +8.3
Lord Abbett
AffiliatA m 15.47 -.01 +9.6
MidCpValA m 22.98 +.02 +18.0
MFS
TotRetA m 16.50 -.01 +11.6
ValueA m 27.95 -.05+16.7
Masters' Select
SmallerCos 15.75 -.15 +16.7
Oakmark
Eqlncl 27.39 +.07+11.2
Intl I 26.16 +.18 +15.1
Oppenheimer
DevMktA m 46.04 +.11 +34.6
GlobA m 75.86 +.09 +165
MainSA m 429 .01 +1.1l
RotuniA ni 171 +.01 .3
RochNtlMu m 11.40 +.03 -4.2
StrlncA m 4.30 +.01 +8.6
PIMCO
AllAssetl 12.66 +.04 +4.7
ComRIRStI 13.80 +.11 -3.5
LowDrls 9.90 -.03 +4.8
TotRegA m 1029 .01 +41
TotRtAdm b 1029 -.01 44
TotRetis 10.29 -.01 +4.7
Pioneer
GlobHIYA m 12.05 +.01 +7.5
PioneerA m 49.98 -.16 +13.5
Putnam
GrowlncA m 19.99 ... +12.6
RIerSource


12-MO0
NAME NAV CNG %IN
DivrEqlnA m 13.74 -.02 +18.1
Russell
MulStrBdS 1026 +.02 +4.7
Schwab
YldPlsSel 9.45 .. +33
Selected
AmerShS b 4738 +.02 +13.1
T Rowe Price
BIChpGr 38.27 -.08+182
CapApprec 2139 -.04 +13.1
Eqlndex 3930 -.04+14.9
Eqtylnc 29.95 -.03+14.9
GrowStk 3333 -.02+17.8
IntlStk 17.48 +.12 +16.9
MiOCapVa 2M -l +15
MidCpGr 60.43 -34+22.1
NewHoriz 3435 -27+173
Newincome 8.83 +.01 +4.9
SmCpStk 35.07 -35+13.1
Value 27.95 -.07 +15.1
Third Avenue
Value 61.68 +33 +11.6
Thornburg
IntlValA m 32.83 +29 +285
NeedyBrmw
GlobVal 33.30 +.18 +18.9
Van Kampen
ComstockA m 19.48 +13.3
EqlncomneA m 9.24 -.01 +10.8
GrowlncA m 22.46 -.03 +132
Vanguard
500 135.04 -.14 +15.1
50Adml 135.05 -.15 +15.2
AssetA 3793B +1L
ne&tn M +19 +373
Energy 72.57 +.61 +17.7
Europeldx 38.47 +.07+21.3
Explr 78.63 -.53+17.2
GNMA 10.12 .. +5.2
GNMAAd 1u11 t+
GbEq lt4 + 3 +2tU
Gatdx 31.43 -M +17
HMCM 3I3 +N 3 3U
HithCare 148.32 +.05 +6.5
Instldx 134.02 -.14+152
InsOus 1343 .14 +15
InstTBdld 50.02 +.02 +5.3
lnstTStPI 31.84 -.07+15.8
IntlGr 25.44 +.17 +1&.8
IntlVal 42.89 +26+1&.7
LiftN 1Ul -M +14U
LifeGro 24.78 -.01+152
LifeMod 20.99 ... +13.0
MidCp 20.89 -.06+17.1
Morg 20.20 ...+1i.1
Mulodl 12 +1 +13
PadfiWM 19d +J7 I +
Prmcp 7322 -.04+15.7
Pn"cMpAdIl 7 -A4 +I15
STCor 10.55 -.01 +5.4
STGradeAd 10.55 -.01 +5.5
S11,, .31 +I15
Star 21.55 +.03 +122
Statdq 24 -2 7 +131
Tg(IS15 Il +2U
Tgtet2025 13.64 ... +145
TotBdAdml 9.92 +.01 +5.4
TotBdld 9.92 +.01 +53
TotBdlnst 9.92 +.01 +5.
ToaInl li3 +10 +1 5
TotStlMAn 531 -I 7 +15S
Totlns 15 -S1 +1S7
TotStldx 35.31 -.07+15.6
Wellsl 22.09 +.01 +8.9
Welltn 33.60 +.02+133
WndsllA 90 +J3 +114

Wndsr 18.80 ...+16.6
WndsrAdml 63.43 -.04+16.7
Wndstll 122 +Js +1s
Western Asset
CrPlBdlns 10.18 +.01 +42


D


F


Commodities COMMODITY CLOSE PVS. %CH. %YTD
Unleaded Gas (gal) 1.92 1.89 +1.59 +19.8
Crude Oil (bbl) 69.83 69.26 +0.82 +14.4
Gold (oz) 658.90 659.10 -0.03 +3.7
Platinum (oz) 1245.10 1248.60 -0.28 +9.3
Silver (oz) 11.62 11.55 +0.61 -9.2
Coffee (Ib) 1.16 1.14 +1.75 -8.1
Orange Juice (Ib) 1.27 1.25 +1.60 -36.9
Sugar (Ib) 0.10 0.10 ... -14.9




Foreign u6M. 1YR
Exchange COUNTRY CLOSE CHG. %CHG. AGO AGO
Argent (Peso) .3155 -.0001 -.03 .3221 -.0086
Brazil (Real) .5030 +.0065 +1.29 .4782 +.0417.
Britain (Pound) 2.0029 +.0112 +.56 1.9637 +.1096
Canada (Dollar) .9476 +.0061 +.64 .8626 +.0486
L^ d Chile (Peso) .001909 -.000000 -.00 .001862 +.000026
Colombia (Peso) .000465 -.000000 -.00 .000451+.000046
Dominican Rep (Peso) .0303 -.0001 -.33 .0300 -.0003
Euro (Euro) 1.3557 +.0021 +.15 1.3162 +.0762
Japan (Yen) .008627 -.000064 -.74 .008262 +.000029
Mexico (Peso) .090291 -.000060 -.07 .090518 -.001503
Uruguay (New Peso) .0424 +.0001 +24 .0412 +.0007



GlobalMarkets

INDEX YEST CHG %CHG WK MO QTR YTD
S&P 500 1462.50 -1.57 -0.11% A V A +3.12%
Frankfurt DAX 7511.96 +11.48 +0.15% A A A +13.87%
London FTSE 100 6196.90 +0.90 +0.01% A V V -038%
Hong Kong Hang Seng 22966.97 +620.09 +2.77% A V A +15.04%
Paris CAC-40 5523.33 +5.16 +0.09% A V V -0.33%
Tokyo Nikkei 225 16316.32 +415.68 +2.61% A V V -5.28%

SOUTH AMERICA / CANADA
Buenos Aires Merval 2038.29 +29.79 +1.48% A V V -2.50%
Mexico City Bolsa 29459.82 +190.48 +0.65% A V A +1139%
Sao Paolo Bovespa 51848.23 +103.67 +0.20% A V A +16.58%
Toronto S&P/TSX 13451.11 -12.03 -0.09% A V A +4.20%

ASIA
Seoul Composite 1799.72 +40.22 +2.29% A V A +25.46%
Singapore Straits Times 3370.91 +49.41 +1.49% A V A +12.90%
Sydney All Ordinaries 6149.70 +152.30 +2.54% A V A +8.95%
Taipei Taiex 8732.84 +239.38 +2.82% A V A +11.62%
Shanghai Shanghai B 316.46 +2.17 +0.69% A V A +143.23%


Largest Mutual Funds


NAME













Dollar slips against euro, pound




on interest rate considerations


NEW YORK (AP) The dollar
slid against the euro and pound
Thursday as sentiment remained
mixed that a worldwide scarcity of
credit could trigger an interest rate
hike in Europe.
The United States currency rose
against the yen, however, as
investors' appetite for risk returned
after Bank of America Corp.
announced late Wednesday it would
bail out the nation's largest mort-
gage company.
In Japan, the central bank left
interest rates unchanged at 0.5 per
cent Thursday, but Governor Toshi-
hiko Fukui later told reporters that
"it may be too late" if the bank con-
tinues to hold off until all conditions
for justifying a rate hike are met,
suggesting monetary policy may
change sooner than expected.
The 13-nation euro bought
$1.3557 in late New York trading,


up from $1.3536 late Wednesday
after the European Central Bank, in
an unusual step, reiterated that it
was maintaining "strong vigilance"
toward inflation and economic
developments.
"There's still very little funda-
mental data out in the market right
now so currencies remain driven by
speculation as to what the central
banks will do next to maintain liq-
uidity and indeed in some cases
what the banks themselves have
been doing overnight," said James
Hughes, a market analyst with CMC
Markets in London.
Central banks worldwide have
injected billions of dollars into mon-
ey markets this month in efforts to
calm nervous investors. On
Wednesday, the ECB said it would
auction supplementary three-month
funds valued at 40 billion enros ($54
billion) to provide more liquidity to


"Thres sif vry*itle

-udmntldt-oti
th maret igh0no s

-ureni~es eairie
byspcuato a t wa


cash-hungry markets.
The British pound rose Thursday
to $2.0029 from $1.9917, even on
growing sentiment that the Bank of
England may leave its benchmark
interest rate unchanged at 5.75 per
cent when it meets next month.
Higher interest rates, a weapon
against inflation, can support a cur-
rency by offering investors better
returns on investments denominat-
ed in it.
The dollar climbed against the
Japanese currency, rising to 115.92
yen from 115.06 yen as investors
returned to riskier yen carry trades,
which involve selling off the low-
yielding yen in favour of better
returns on the dollar. Markets react-
ed positively to news that Bank of
America plans to invest about $2
billion into troubled mortgage
lender Countrywide Financial Corp.
to help it weather problems with


defaulting subprime loans.
Also Thursday, Japan's central
bank decided Thursday to keep
interest rates unchanged because of
the recent worries about the US
credit crunch that set off roller-
coaster fluctuations on global mar-
kets.
The Bank of Japan's decision,
which came at the end of a two-day
meeting, had been widely expected
because of recent turmoil in finan-
cial markets, worries about a slow-
down in the US economy and a
recent move by its US counterpart
to lower rates. In other trading, the
dollar bought 1.2069 Swiss francs,
slipping from 1.2071 late Wednes-
day, and 1.0552 Canadian dollars,
down from 1.0621.
AP Business Writers Matt
Moore in Frankfurt, Germany, and
Yuri Kageyama in Tokyo con-
tributed to this report.


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Legal Notice
NOTICE

HIDALGO S.A.

(In Voluntary Liquidation)

Notice is hereby given that the above-named
Company is in dissolution, which commenced on the
23rd day of August 2007. The Liquidator is Argosa
Corp. Inc., P.O.Box N-7757 Nassau, Bahamas.





ARGOSA CORP INC.
(Liquidator)


Legal Notice
NOTICE

PGF SERVICES LIMITED

(In Voluntary Liquidation)

Notice is hereby given that the above-named
Company is in dissolution, which commenced on the
23rd day of August 2007. The Liquidator is Argosa
Corp. Inc., P.O.Box N-7757 Nassau, Bahamas.





ARGOSA CORP. INC.
(Liquidator)


Legal Notice
NOTICE

BABAR INVESTMENTS LTD.

(In Voluntary Liquidation)

Notice is hereby given that the above-named
Company is in dissolution, which commenced on the
23rd day of August 2007. The Liquidator is Argosa
Corp. Inc., RO.Box N-7757 Nassau, Bahamas.





ARGOSA CORP INC.
(Liquidator)


t isi iiur w'l e\ite at wwwH'.cob.edu.bs


AHAMAS

. .- ; C R .,.MLg;N


FALL SEMESTER 2007
Where to Go for Advisement & Registration
(All locations are at Oakes Field Campus)

From thi liol below Findl thel mine of the ...then go to this room for Advisement &
school oltering \otun mnajor... Registration
School of Business B30 (Room 30, B-Block)

School of Sciences & Technology T25 (Room 25, T-Block

School of Nursing & Allied Health Professions T4 (Room 4, T-Block)

School of English Studies English Chairpersons Office (A-Block)

School of Education Michael H. Eldon Building (RM 204 & 308)

School of Social Science Michael H. Eldon Building (RM 301 & 401)

LLB Programme LLB OFFICE (Moss Road)

Continuing Education & Extension Services Records Department (Portia Smith Building)
BTTC 7 (Room 7. Bahamas Tourism Training
Culinary & Hospitality Management Institute BTTC 7 (Room 7, Bahamas Tourism ntre)aining

School of Communications and Creative Arts A-13 (Room 13, A-Block)


Please bring the following documents with you to Registration (required for
Step 2):
1. Your acceptance letter
2. A copy of your BGCSE results

Applicants that have not received a letter (accept or non-accept) from The
College can collect them the Portia Smith Building on Tuesday, 21 Aug, and
Wednesday, 22 Aug.


ADVISEMENT & REGISTRATION
Fall Semester 2007

DATES AND TIMES

NEW STUDENT ORIENTATION
Wednesday, August 22, 2007
8:00 a.m. to 1:00 p.m.

ADVISEMENT, REGISTRATION & BILL PAYMENT
Wednesday, August 22, 2007, 1:00 p.m. 5:00 p.m.
Thursday, August 23, 2007, 9:00 a.m.-7:00 p.m.
Friday, August 24, 2007, 9:00 a.m.-7:00 p.m.

Please bring the following documents with you to Registration (required for
Step 2):
1. Your acceptance letter
2. A copy of your BGCSE results

Applicants that have not received a letter (accept or non-accept) from The
College can collect them the Portia Smith Building on Tuesday, 21 August
and Wednesday, 22 August, 2007.


FRIDAY, AUGUST 24, 2007, PAGE 5B


THE TRIBUNE













Toronto-Dominion profit rises on gains


NEW YORK (AP) -
Toronto-Dominion Bank said
Thursdayy it posted a 39 per cent
increase in fiscal third-quarter
net income on profit gains
throughout the company.
For the period ended July 31,
the firm posted net income of
1.1 billion Canadian dollars ($1
billion), or 1.53 Canadian dol-
lars a share, compared with 796
million Canadian dollars, or
1.09 Canadian dollars a share, a


year earlier.
Excluding acquisition-relat-
ed costs and gains or losses from
hedging of credit default swaps,
Toronto-Dominion said per-
share earnings would have risen
to 1.61 Canadian dollars from
1.21 Canadian dollars a year
earlier. The mean estimate of
analysts surveyed by Thomson
Financial was for earnings of
1.38 Canadian dollars a share.
Revenue rose 11 per cent to


3.65 billion Canadian dollars,
or about $3.43 billion.
Loan-loss provisions surged
48 per cent to 171 million Cana-
dian dollars ($161 million) but
were flat from the prior quarter.
Return on equity, an important
measure of profitability, jumped
to 21 per cent from 16.8 per
cent.
Earnings at Toronto-Domin-
ion's Canadian retail-banking
operations climbed 14 per cent


EXCELLENT CAREER OPPORTUNITY

A leading Bahamian Development Company is seeking to recruit key positions for a world class 900
acre Resort Marina Development on Rum Cay. The project includes a hotel, a marina, marina village
complex, condominiums, luxury estates and all associated infrastructure. Additional facilities shall also
be development of air transportation services.

In order to strengthen our team, we are recruiting for the following positions:

CHIEF FINANCIAL OFFICER

The successful candidate must have a solid track record of success and growth.

Responsibilities include:

Manage relationship with external auditors, banks and insurance companies
Oversee all accounting, financial reporting and compliance functions
Perform projections and financial analysis as requested by executive management
Oversee all accounting, financial reporting and compliance functions
Perform projections and financial analysis as requested by executive management
Be a proactive agent for change so that the company can improve its operations and profitability
Manage, develop and mentor staff
Cash management

FINANCIAL ANALYST

The successful candidate will possess a Bachelor's Degree in Accounting or other related fields, and 2+
years of related experience. In this role the person will concentrate on the financial reporting, planning,
budgeting and projecting, for the corporate office.

Job Requirement
2+ years of corporate finance experience
Strong analytical and critical thinking ability
Solid understanding of accounting and finance theories and practices
Advance knowledge of Excel, Word, and QuickBooks Pro
Excellent verbal and written communication skills
Must be energetic, self motivated and flexible

MANAGING DIRECTOR

Key responsibilities of this position include:

Lead business development activities in assigned areas by initiating, building, and maintaining
client relationship.
* Work closely with Directors and Project Managers in developing strategies to capture or expand the
scope of services on the existing project.
* Monitor the progress of the development through periodic reviews of budget, scope, schedule, and
financial performance and work with the Project Managers to initiate corrective action when
needed.
* Work closely with Project and Utilities Managers to deliver the project that meet the expectation of
the clients
* Provide both leadership and financial management support to the project team.

The preferred candidate will possess:

* BS in Civil Engineering, MS preferred
* PE License required.
* 15+ years experience managing municipal water/wastewater projects
* Software skills- including MS Word, Excel, Power Point, MS Project Schedule, Access


PROJECT MANAGER

This person should have a minimum of 10 years experience with large-scale construction projects as
well as marina restoration. Must be familiar with all phases of construction; possess strong cost estimat-
ing skills for commercial projects and manage a number of projects simultaneously.

Strong ability to communicate with clients, architects, engineers, subcontractors, suppliers, residents
and office staff.

Qualified candidates must have either a Civil Engineering Degree or a Construction Management De-
gree. Technical skills to include; Microsoft applications i.e. MS Project, Word, Excel and Power Point.
Types of job will include site preparation, construction, roofing & marine work.


CONSTRUCTION MANAGER

'I he ideal candidate must be an energetic individual with knowledge of construction practices. This per-
son must be a self starter with good computer skills, organizational skills and attention to detail. The
Construction Project Manager will be responsible for the following key items:


Budget Monitoring
Schedules
Estimates review
Dealing with sub-Contractors
Permit tracking
Site Requirement
Preparing shipping lists
Issuing change orders
Request for Proposals


Candidates must posses a "can do" attitude and be "team players". Excellent compensation package is
offered.

For a confidential interview please submit your resume to islanddevelopment( ,yahoo.com

PLEASE NO PHONE CALLS

The closing date for receipt of application shall be Friday, August 31, 2007.


amid gains in real-estate lend-
ing, small-business banking and
life insurance. The US banking
business, which includes TD
Banknorth, saw profits surge 60
per cent as costs were con-
trolled, deposits grew and asset
quality remained "solid."
Toronto-Dominion's wealth-
management division reported a
22 per cent jump in earnings on
strength in the firm's mutual-
fund and financial-adviser busi-
nesses in Canada. Wholesale
banking's earnings increased 41
per cent amid "robust" results
by its trading and investment
banking operations.
Toronto-Dominion and
Canada's other big banks have
some exposure to the US sub-
prime market through market-
making activities, securitization


businesses and financing. But
analysts generally didn't expect
any sizable impacts to the firms'
earnings and capital from sub-
prime-related losses.
A much larger impact of late
has been the recent turmoil in
Canada's market for asset-
backed commercial paper.
Coventree Inc., the largest
issuer in the roughly 35 billion
Canadian dollar ($34 billion)
non-bank ABCP market, said
it was unable to roll over some
of its maturing notes and was
being denied funding by some
of its liquidity providers.
The problems spread as other
ABCP conduits proved unable
to access liquidity, compelling
10 major players, including
Toronto-Dominion, in the mar-
ket to announce a framework


a week ago for stabilizing the
market through changing the
ABCP issues.
Toronto-Dominion owns 40
per cent of online broker TD
Ameritrade Holding Corp.,
which according to Wednes-
day's Wall Street Journal is in
merger talks with fellow giant
online broker E-Trade Finan-
cial Corp.
E-Trade and TD Ameritrade
have discussed an alliance sev-
eral times in previous years but
have never managed to make
it to the altar.
This time, however, they may
feel more pressure to reach a
deal.
Two hedge funds with sizable
stakes in TD Ameritrade have
publicly urged the two compa-
nies to talk.


Ristorante


Villaggio

Bahamian Seafood Celebration!

Starting August 17th 2007
Indulge your senses with our Spectacular Seafood Specials

Abaco Stone Crab Claws
Butter Broiled Bahamian Lobster Tails
Linguine Pasta with Abaco Crab
Lobster Risotto
And Many More Mouth watering Dishes

Enjoy a complimentary glass of White Wine with each Special
Entree on Tuesday, Wednesday and Thursday nights

Reservations are recommended
Open Tuesday through Saturday from 6pm

Ristorante


Villaggio

Caves Village,West Bay Street
Telephone 327 0965, Fax 327 0966





MEOW
m mm mm-
m -mm mm
S==0* =
IBM Bahamas Limited


CAREER OPPORTUNITY


CLIENT REPRESENTATIVE

Description:

This is a key role to drive IBM growth in The Bahamas. This role will work
in conjunction with IBM Sales and Technical Support Teams, covering
accounts in The Bahamas. Responsibilities will include:

Driving new business in the territory
Delivering annual revenue target while accurately forecasting revenue
and effectively managing a sales pipeline
Performing extensive prospecting within a set geographic territory
Developing strong relationship with customers
Assisting with the development of integrated marketing
communications strategies, plans and programs
Assisting with organization, management and coordination of all
details and aspects of specific marketing events, promotions and
functions

Qualifications:

University degree in Sales/Marketing, Business Administration or
Equivalent experience
Business to business selling is an asset
Proven success in prospecting and managing a territory
A solid track record of achieving/exceeding sales targets
Strong written and verbal skills

An equal opportunity employer, IBM provides competitive salaries and
benefits. Thus, compensation will be commensurate with experience and
qualifications.

Please submit detailed applications or electronic resume to the attention of:

Human Resources Administrator
IBM Bahamas Limited
Fourth Floor
Atlantic House
Second Terrace & Collins Avenue
Nassau, Bahamas
email: jmoss@bs.ibm.com

Deadline: August 27th, 2007

All applications will be held in the strictest confidence. Only applicants
who are short-listed will be contacted.


I


PAGE 6B, FRIDAY, AUGUST 24, 2007


THE TRIBUNE













Wal-Mart steps up toy testing, safety reviews


* By MARCUS KABEL.
AP Business Writer
BENTONVILLE., Arkans;as
(AP) Wal Marl Stores Inc. is
stepping up testing and safety
reviews of the lto s it sells to
reassure consumers after a



INSIGHT


se ics of recalls of Chinese-
made toys o\ er hazards to chil-
dren.l
Wal-Marl's top toy executive
said Thursday the retailer will
require manufacturers to resub-
mit testing documentation for
tovs already on the shelves or in


shipment, so that Wal-Mart can
double-check tlhe results.

Retailer
The world's largest retailer is
also increasing the number of


toys tested at independent labs
by about 25 to 50 per cent, or an
average of 200 additional items
daily. "Reassurance is really our
key point," Laura Phillips, Wal-


Mart's merchandise manager of
toys, told The Associated Press
in a phone interview.
"We've heard parents' con-
cerns over recent recalls and


we're working hard to be their
advocate, ensuring everyone
involved in the toy business
plays their part in improving
standards," she said.


Share

your

news
The Tribune wants to hear
from people who are
making news in their
neighborhoods. Perhaps
you are raising funds for a
good cause, campaigning
for improvements in the
area or have won an
award.
If so, call us on 322-1986
and share your story.


"BHARBOLIRSIDE
X MARINE
,Sifl'^flf


WM^^tx~d ri'*, .AOrb..and O~. nf*
-UW *f C a w f [ nr4 .fla Mr 04 '
McAW Ac,"i2 aO a2ft)6tf


Harbourside Marine YAMAHA is
looking for:
Generator Mechanic/Mechanic
Helper
Please fax resume to:
394-7659 or 394-3885.


Harbourside Ma
is looking for


rine YAMAHA
Inventory/Sales


Persons with knowledge
Generators, golf cars and


of
the


marine industry, must be
familiar with inventory and stock
control.Must be computer literate.
Please fax resume to:
394-7659 or 394-3885


SALES CAREER

A multi facetted communications/consulting company that is
currently undergoing market expansion wishes to employ.
experienced commission sales executive. The ideal person
would have a minimum of three years in commission sales;
have their oawn private vehicle. We are looking for excellent
communicators that are driven. Candidates must have computer
skills and be able prepare public presentations on behalf of
companies clients.

A degree in marketing or business is preferred but not a must.

Persons interested should submit CV's and reference letters to:

DA#6282
P.O. Box N-3207
Nassau, Bahamas
by August 30, 2007.







NEWS RELEASE
Bahamian Manufacturing Plant
Expands It's Product Line
Jamaal Gomez, plant manager of Gold Rock, a rmly established pre-
cast concrete plant in Grand Bahama is excited and plans another ex-
pansion of it's line of precast concrete products.
Precast retaining walls & sea walls developed in the Bahamas will be
seeking patents and copyrights in the US and other foreign markets. The
new sea wall retaining blocks are a product most contractors can install
themselves. Gold Rock invites all contractors to a plant tour & product
review.
Another, and possibly the most exciting product, is the precast elevat-
ed house foundation. It is an economical and fast way to build elevated
housing. This product has also been copyrighted and patent applied for.
The most interest thus far is in Mississippi and Louisiana to build elevat-
ed housing. Any type of construction, block, precast, wood or steel can
be built on a Gold Rock elevated platform. This product was engineered
in conjunction with Gold Rock Bahama Limited, Anderson Homes, Del
Zotto Products of Florida & Miles Christian Anderson Engineering. This
product can also be reviewed at the Gold Rock plant in Grand Baha-
ma.
Precast boat docks, precast housing and all underground structures for
sewer & storm water drainage are always in production by Gold Rock.
Gold Rock management brags openly of its clean, safe working envi-
ronment and strives to maintain this record.
Jamaal Gomez, plant manager and Peter Cory Bowe plant & eld su-
pervisor anticipates nothing but good-things with this expanded product
line

Gold Rock Corp., Ltd.

Phone: 351-9349
43 Fair eld Business Park, Grand Bahama Highway, Freeport, Grand Bahama


P.O. Box, F-42654
Freeport, Grand Bahama
Telephone: 242-373-9550 Fax: 242-373-9551
An upscale boutique resort featuring 93 elegant suites and 89 hotel rooms overlooking Bell Channel
Bay, Port Lucaya. 3 Pools & Sabor Poolside Restaurant & Bar.

CAREER OPPORTUNITY
PELICAN BAY AT LUCAYA is seeking to employ dynamic, energetic and enthusiastic individuals
who enjoy working in the Hospitality Industry for the following positions;
EXPERIENCED PURCHASING/STORE ROOM SUPERVISOR
If you have extensive experience in Hotel Purchasing/Store Room Systems, then this is a great career
opportunity for you. You must have the following;
* At least three (3) years experience in Purchasing and Store Room Inventory Control supervision
* Ability to deal professionally with local and international suppliers.
* Ability to effectively cope with and solve delivery challenges.
* Good computer, organizational, written and oral communication skills, along with a strong attention-
to detail and follow-through.
Ability to develop and implement policies and procedures related to Purchasing and Receiving.
A self-starter with the ability to multi-task and be adaptable to change.
Familiarity with Quickbooks preferred.
Flexible work hours are required for this position.
Minimum qualification required; High school diploma, cleanpolice certificate and supporting
documents.
OTHER POSITIONS AVAILABLE
EXPERIENCE RESERVATIONS MANAGER
CHIEF ACCOUNTANT
BREAKFAST SUPERVISOR
NIGHT AUDITOR
Applications are available at the Security Gate or e-mail hr@pelicanbayhotel.com. Deadline
is August 31, 2007. NO TELEPHONE CALLS PLEASE! Applications accepted in writing
only.
Pelican Bay at Lucaya is owned by Sundt AS, a private investment company based in
Norway. Pelican Bay is the only investment that Sundt AS has in the Bahamas. Sundt AS
also is the majority shareholder of Pandox, which is a specialized European hotel owning
company, that at the moment owns 38 hotels in Europe (8650 rooms). Pandox hotels operate
under well-known brands such as Scandic, Hilton, Radisson SAS, Crowne Plaza, Choice or
are independently managed.











POSITION VACANCY

Pepsi Cola Bahamas, an affiliate of Pepsi Americas, Inc., the second
largest anchor bottler for Pepsi-Cola is searching for highly motivated,
ambitious team players to fill the following positions:

3 SMALL FORMAT PRESELLERS

3 LARGE FORMAT PRESELLERS

2 BULK DELIVERY DRIVERS

'Qualified candidates must posses the following:

Education:
* High School Graduate or equivalent

Personal:
* Results oriented
* Team player
* Excellent interpersonal skills
* Process oriented
* Problem solver
* Ability to multi task
* Dependable
* Analytical skills-

The incumbent will be responsible to complete a selling or delivery route
daily and service his/her customers in a very efficient manner according
to the Company's standards and expectations. He/she needs to be flexible
and capable to effectively interact with customers and will also be
accountable for properly handling all Company's tools assigned to perform
the job.

A competitive salary and benefits package will be offered to the successful
candidate. If you are interested in being part of a dynamic, growing
international company, please mail or email resume to:

Human Resources Manager
Pepsi Cola Bahamas Bottling Co., Ltd.
P. O. Box N-3004
Prince Charles Drive
Nassau, Bahamas
Fax: 364-2123
e-mail: human.resourcesrpepsibahamas.com


FRIDAY, AUGUST 24, 2007, PAGE 7B


THE TRIBUNE







PAGE 8B, FRIDAY, AUGUST 24, 2007


THE TRIBUNE


Wall Street slightly lower as credit worries




linger despite Countrywide investment


* By JOE BEL BRUNO
AP Business Writer

NEW YORK (AP) Wall
Street ended a mildly erratic
day slightly lower Thursday
after anxiety about widening
credit problems offset investor
optimism about a $2 billion cap-
ital infusion into troubled mort-
gage lender Countrywide Finan-
cial Corp.
The market gave up a mod-
erate early gain, but fluctuations


were to be expected given the
amount of uncertainty about
the credit markets, and the fact
that stocks posted big gains
Wednesday, pushing the Dow
Jones industrials up 145 points.
Bank of America Corp.
announced late Wednesday it
will invest the money into the
nation's largest mortgage lender
to help it better weather prob-
lems with defaulting subprime
loans. The investment was seen
as a way to not only prop up


Countrywide, but also prevent
any further losses at the mort-
gage lender from hurting the
underlying economy. Country-
wide's CEO Angelo Mozilo
expressed his optimism about
the deal in an interview on
CNBC on Thursday, but when
asked if the housing slump
could cause a recession, he
agreed.
The market will likely be
trading nervously "until we get
some clarity from the Fed," said


Jim Herrick, manager and
director of equity trading at
Baird & Co.
Moves

The Federal Reserve's moves
to ease the market's credit con-
cerns, including cash injections
into the banking system and a
lower discount lending rate to
banks, have had some palliative
effect on Wall Street, evidenced
by the ebbing of the extreme


volatility of recent weeks. But
regarding the Fed's moves and
Bank of America's investment
in Countrywide, "some would
argue that this is a Band-Aid
approach to a bigger prob-
lem...The big unknown is how
widespread this problem is,"
Herrick said.
The Countrywide CEO's.
comments "probably didn't
help" the market, he said.
"They're the biggest lender in
America."
The market showed little
response Thursday to policy-


makers' infusion of another
$17.25 billion into the banking
system to help boost liquidity,
adding to the $41.25 billion the
central bank has injected since
the beginning of last week.
According to preliminary cal-
culations, the Dow fell 0.25, or
less than 0.01 per cent, to
13,235.88.
Broader indexes fell modest-
ly. The Standard & Poor's 500
index lost 1.57, or 0.11 per cent,
closing at 1,462.50, and the Nas-
daq composite index fell 11.10,
or 0.43 per cent, to 2,541.70.


NOTICE
NOTICE is hereby given that DUGALD McNAB OF #506
HARBOUR HOUSE, KINGS ROAD, P.O. BOX F-41660,
FREEPORT, GRAND BAHAMA, BAHAMAS, is applying to
the Minister responsible for Nationality and Citizenship, for
registration/naturalization as a citizen of The Bahamas, and
that any person who knows any reason why registration/
naturalization should not be granted, should send a written
and signed statement of the facts within twenty-eight days from
the 24TH day of August, 2007 to the Minister responsible for
Nationality and Citizenship, P.O.Box N-7147, Freeport, Bahamas.



NOTICE
NOTICE is hereby given that EVELYN MERCEDES
WALKER of #90 FRIGATE COURT, MALIBU REEF,
P.O. BOX F-40916, GRAND BAHAMA, BAHAMAS is
applying to the Minister responsible for Nationality and
Citizenship, for registration/naturalization as a citizen
of The Bahamas, and that any person who knows any
reason why registration/ naturalization should not be
granted, should send a written and signed statement of
the facts within twenty-eight days from the 15TH day of
AUGUST, 2007 to the Minister. responsible for Nationality
and Citizenship, P.O.Box N- 7147, Nassau, Bahamas.


NOTICE

NOTICE is hereby given that AIRA MARIA ALAIN
NEWBALL of #21 SHAKLETON LANE, P.O. BOX F-41774,
GRAND BAHAMA, BAHAMAS is applying to the Minister
responsible for Nationality and Citizenship, for registration/
naturalization as citizen ofThe Bahamas, and that anyperson
who knows any reason why registration/naturalization should
not be granted, should send a written and signed statement
of the facts within twenty-eight days from the 15TH day of
AUGUST, 2007 to the Minister responsible for Nationality
and Citizenship, P.O.Box N- 7147, Nassau, Bahamas.



NOTICE

NOTICE is hereby given that AGUINALDO EUGENIO
of NICHOLLS TOWN, NORTH ANDROS, BAHAMAS is
applying to the Minister responsible for Nationality and
Citizenship, for registration/naturalization as a citizen
of The Bahamas, and that any person who knows any
reason why registration/ naturalization should not be
granted, should send a written and signed statement of
the facts within twenty-eight days from the 17TH day of
AUGUST, 2007 to the Minister responsible for Nationality
and Citizenship, P.O.Box N- 7147, Nassau, Bahamas.



PUBLIC NOTICE
INTENT TO CHANGE NAME BY DEED POLL
The Public is hereby advised that I, DAMIKO
GERARD BOOTLE of Garden Hills #2, Nassau,
Bahamas intend to change my name to DAMIKO
GERARD THURSTON. If there are any objections
to this change of name by Deed Poll, you may
write such objections to the Chief Passport Officer,
P.O.Box N-742, Nassau, Bahamas no later than
thirty (30) days after the date of publication of this
__ _


PUBLIC NOTICE
INTENT TO CHANGE NAME BY DEED POLL
The Public is hereby advised that I, RATCHEL
MILLER of Yellow Elder Gardens, Nassau,
Bahamas intend to change my name to RATCHEL
NIXON. If there are any objections to this change
of name by Deed Poll, you may write such
objections to the Chief Passport Officer, P.O.Box N-
742, Nassau, Bahamas no later than thirty (30) days
after the date of publication of this notice.


PUBLIC NOTICE
INTENT TO CHANGE NAME BY DEED POLL
The Public is hereby advised that I, DONNA GENE
ROLLE of Golden Gates No. 2, P..). Box CR-55537,
Nassau, Bahamas intend to change my name to
DONNA GENE RAHMING. If there are any objections
to this change of name by Deed Poll, you may write such
objections to the Chief Passport Officer, PO.Box N-742,
Nassau, Bahamas no later than thirty (30) days after the
date of publication of this notice.


NOTICE

NOTICE is hereby given that JERRY WESLEY OF ESSEX
STREET OFF SHIRLEY STREET, NASSAU, BAHAMAS,
is applying to the Minister responsible for Nationality and
Citizenship, for registration/naturalization as a citizen of The
Bahamas, and that any person who knows any reason why
registration/ naturalization should not be granted, should send
a written and signed statement of the facts within twenty-eight
days from the 24th day of AUGUST, 2007 to the Minister
responsible for Nationality and Citizenship, P.O.Box N- 7147,
Nassau, Bahamas.



NOTICE

NOTICE is hereby given that CLAUDE SAINT-FLEUR
of MARSH HARBOUR, P.O. BOX AB-20409, ABACO,
BAHAMAS is applying to the Minister responsible for
Nationality and Citizenship, for registration/naturalization
as a citizen of The Bahamas, and that any person who
knows any reason why registration/ naturalization should
not be granted, should send a written and signed statement
of the facts within twenty-eight days from the 15TH day of
AUGUST, 2007 to the Minister responsible for Nationality
and Citizenship, P.O.Box N- 7147, Nassau, Bahamas.



NOTICE

NOTICE is hereby given that MARIE. SAINT-FLEUR
of MARSH HARBOUR, P.O. BOX AB-20409, ABACO,
BAHAMAS is applying to the Minister responsible for
Nationality and Citizenship, for registration/naturalization
as a citizen of The Bahamas, and that any person who
knows any reason why registration/ naturalization should
not be granted, should send a written and signed statement
of the facts within twenty-eight days from the 15TH day of
AUGUST, 2007 to the Minister responsible for Nationality
and Citizenship, PO.Box N- 7147, Nassau, Bahamas.


ACCOUNTING FIRM

REQUIRES THE FOLLOWING:

Audit Manager required.


Audit seniors, 2 to 4 years post
qualifying audit experience.


Staff accountants, enrolled in
college, entry level accounting courses,
computer literate


2 Secretaries, Microsoft Office & Excel
,experience required

RESPOND TO: P.O. Box N-8285, Nassau, The
Bahamas or pgomez@gtbahamas.net








4 WANTED



ATTORNEY AT LAW for a growing Law Firm.
Must be self motivated, a team player with an ability
to work under pressure. Salary commensurate with
experience.

OFFICE ASSISTANT / MESSENGER: Must
have own transportation. Applicants must be well
groomed and have an ability to work with little or no
supervision.

Please apply to strombus65@yahoo.com




A leading law firm with office located in Nassau and Freeport is
presently considering applications for the following position.





The successful applicant should possess the
following minimum requirements:

* Associates degree in related Computer Sciences
* Two or more years work experience in the industry
* Excellent working knowledge of Microsoft Office products
* Very good working knowledge of Windows 2000/2003 Operating
Systems
Experience with SQL a plus
Previous knowledge of law firm operations an asset

General responsibilities will include but not limited to:

Maintaining, troubleshooting and repairing hardware and software
Maintaining Network trustees and security
Maintaining system backups
Recommendation and implementation of new technologies
Liase and coordinate with various vendor-based projects/solutions

WE OFFER

A competitive salary, Pension plan, Health and Life Insurance and
other attractive benefits.

Interested persons should apply in writing to:

The Office Manager
P.O. Box N-7117
Nassau, Bahamas


C
C, F .A L"
Pricing Information As Of:
Thursday, 23 August 200 7

52wk-HI 52wk-Low Securit y Previous Close Today's Close Change Daily Vol. EPS $ Div $ P/E Yield
1.78 0.54 Abaco Markets 1.60 1.60 0.00 0.000 0.000 N/M 0.00%
11.70 11.00 Bahamas Property Fund 11.70 11.70 0.00 1.527 0.400 7.7 3.42%
9.41 7.50 Bank of Bahamas 9.40 9.40 0.00 0.733 0.260 12.8 2.77%
0.85 0.70 Benchmark 0.86 0.85 0.00 0.048 0.020 17.7 2.35%
3.71 1.50 Bahamas Waste 3.71 3.71 0.00 0.279 0.060 13.3 1.62%
1.60 1.20 Fidelity Bank 1.57 1.60 0.03 15,300 0.064" 0.040 25.0 2.50%
10.76 9.40 Cable Bahargas 10.75 10.75 0.00 0.949 0.240 11.3 2.23%
2.74 1.80 Colina Holdings 2.74 2.74 0.00 0.281 0.080 9.8 2.92%
15.15 11.05 Commonwealth Bank 15.10 15.15 0.05 8.300 1.190 0.680 12.7 4.49%
7.22 4.70 Consolidated Water BDRs 6.02 5.82 -0.20 0.112 0.050 53.8 0.83%
2.76 2.20 Doctor's Hospital 2.31 2.31 0.00 0.281 0.000 8.2 0.00%
6.40 5.54 Famguard 6.20 6.05 -0.15 1.000 0.804 0.240 7.5 3.97%
12.77 11.51 Finco 12.77 12.77 0.00 0.787 0.570 16.2 4.46%
14.70 13.50 FirstCaribbean 14.65 14.65 0.00 0.977 0.470 14.6 3.21%
5.62 5.18 Focol (S) 5.62 5.62 0.00 6,182 0.364 0.133 15.4 2.36%
1.00 0.54 Freeport Concrete 0.75 0.75 0.00 -0.415 0.000 N/M 0.00%
8.65 7.10 ICD Utilities 7.25 7.25 0.00 0.411 0.200 17.6 2.76%
10.01 8.52 J. S. Johnson 10.01 10.01 0.00 0.946 0.580 10.6 5.79%
10.00 10.00 Premier Real Estate 10.00 10.00 0.00 1.167 0.600 8.6 6.00%
K. :"'%'* ''' Tl'clli'dY:.;:sMl?"., Plelnlty Over-The-counter ScunHB, ;-- '
52'.k-.H1 52I .-LCL,,s Symrool 61,3 1I si, t LLat Fri,:o .'.3kl ,ki .1 EPS i Di. I P E i 3
14,60 12 25 Banamas Supermarkets 14 lo) 15 .r0, 1600 1 1' 1 .M5 1 9s lli 10
10.14 6.00 Caribbean Crossings (Pref) 6.00 6.25 6.00 0.000 0.480 NM 7.80%
0.54 0.20 RND Holdings 0.35 0.40 0.20 -0.030 0.000 N/M 0.00%
i. ": ,- ','".. ..-":'s -.. ..' " -. Conna ,ver-The,-Countr d c Hti l ,e .T.1 l-'," ,61...,.
4 :,,- d 1 C 0 ABDAB .11,, _1 1r, ..1" _' 1. : '
14.60 14.00 Bahamas Supermarkets 14.60 15.50 14.00 1.234 1.485 12.6 10.50%
0.55 0.40 RND Holdings 0.45 0.55 0.45 -0.030 0.000 N/M 0.00%
S .. ;:'A. .. .'-'.,. !.'t .-. ak ./',, .. .-'* ,. BISX Listed M UtuBI Fiipdl '1 ,'' "' .;'o- :-', ..it d.;' "' '
52 .k-H. 52. ,1 -.L:,Furd Nanrr-. N .* TE,- La; 12 1.1..nihs Di tII0 .
S13,- 301 3 C, .lina Mcrn&, r.1arKe- Fur.. 1 -' -' "
3.3402 2.9449 Fidelity Bahamas G & I Fund 3.3402***
2.7399 2.4415 Collna MSI Preferred Fund 2.739935**
1.2652 1.1886 Colina Bond Fund 1.265223"**
11.6581 11.1193 Fidelity Prime Income Fund 11.6581"..
- ".'.',,,,. ,. ,"-' ."f,-,, l. ,,,:'"" FINDEX:-CLOSE 840.36 /YTD 13.24%. / 2066 S4,41 J ', j
E -_ B -LL l I 9 C- e .:1; = r..I, f, :..:. r7l, r ,T r-Pt,1 lL, ir I. .-11. 31 m .'...n= I1 i o -L. .l', '.g i'..:.n IL V 1
52wk-HI Highest closing price In last 52 weeks Bid $ Buying price of Collna and Fidelity
52wk-Low Lowest closing price In last 52 weeks Ask $. Selling price of Collna and fidelity "- 17 Augusilt 200l
Previous Close Previous days weighted price for dally volume Last Price Last traded over-the-counter price I30 Jtunl ,'o
Today's Close Current day's weighted price for dally volume Weekly Vol. Trading volume of the prior week "" 3 1 May 2o0
Change Change In closing price from day to day EPS $ A company's reported earnings per share for the last 12 mths :1 July 20017
Daily Vol. Number of total shares traded today NAV Net Asset Value
DIV $ Dividends per share paid in the last 12 months N/M Not Meaningful
P/E Closing price divided by the last 12 month eemlings FINDEX The Fidelity Bahamas Stock Index. January 1. 1994 = 100
(S) 4-for-1 Stock Split Effective Date 8/a/2007
.-_7 .. .. ad119jilos" --- 4zo, ;


BUSINESS I







PAGE 9B


AUGUST 17, 2007


7:30 8:00 8:30 9:00 9:30 10:00 10:30

Issues Round- Washington McLaughlin Andre RIeu: Radio City Music Hall: Live In New York Andre Rieu per-
S WPBT table discussion. Week (N) Group (N) (CC) forms with guests Akim Camara, the Harlem Gospel Choir, the Johann
(CC) Strauss Orchestra and his choir of special voices. (CC)
The Insider (N) Ghost Whisperer "The Cradle Will Jericho "A.K.A." Jake confronts NUMB3RS Charlie tests a plane's
3 WFOR (f (CC) Rock" A ghost leads Melinda to a Hawkins after learning Hawkins may flight computer to see what caused
dangerous criminal, n (CC) not have been forthcoming, it to crash. 0 (CC)
Access Holly- 1 vs, 100 Mob members compete Las Vegas Ed, Danny and Mike bet Law & Order: Criminal Intent "Re-
0 WTVJ wood (N) (CC) against one another for a prize. n on who can find the most waste at newal" A police recruit who was
(CC) the Montecito. [ (CC) named a hero is found dead.
Deco Drive NFL Preseason Football Minnesota Vikings at New York Jets. From Giants Stadium in East Rutherford, N.J.
B WSVN (Live) n (CC)
Jeopardy! (CC) Set for Life (N) (CC) George Lopez George Lopez 20/20 (CC)
* WPLG George and Ang- George builds a
i-,-e- maid I web of lies. t

:00)CSl: Miami CSI: Miami "Felony Flight" A con- CSI: NY "Manhattan Manhunt" A s- Intervention "Caylee" A family
A& E 10-7" f (CC) victed murderer escapes and begins rial killer goes to New York with a wants to help a woman and her
to kill again. n (CC) hostage. ,, (CC) daughter. (N) (CC)
Extra Time BBC News World Business BBC News Our World John BBC News World Business
BBCI (Latenight). Report (Latenight). Simpson in (Latenight). Report
Afghanistan.
BET Hell Date (CC) Run's House n Baldwin Hills * LOCKDOWN (2000, Drama) Richard T. Jones, Gabriel Casseus.
BET (CC) (CC) Three friends land in prison after a wrongful conviction. (CC)
Just for Laughs Royal Canadian Halifax Comedy Intelligence Reardon's distributor is CBC News: The National (N) (CC)
CBC Gags (CC) Air Farce (CC) Fest (CC) swept up in, the DEA sting.
:N 0) On the Fast Money National Heads-Up Poker Champi- The Big Idea With Donny Deutsch
CNBC noney FatMnonship From Las Vegas. (CC)
(:00) The Situa- Open Mike Larry King Live (CC) Anderson Cooper 360 (CC)
CNN tion Room _______________________
Scrubs Feeling The Daily Show The Colbert Re- Kevin James: Sweat the Small Comedy Central Comedy Central
COM guilty, J.D. can't With Jon Stew- port (CC) Stuff (CC) Presents John Presents Bob
sleep. n (CC) art (CC) Heffron. Marley.
COIURvT Cops "Jack- Inside "Gangs Behind Bars" (N) Forensic Files Forensic Files Forensic Files North Mission
COURT sonville" [ (CC) IRoad
The Suite Life of HIGH SCHOOL MUSICAL 2 (2007, Musical Comedy) Zac Efron. Pre- (:05) Phineas (:20) Hannah
DISN Zack & Cody miere. A teen befriends members of a wealthy family. 'NR' (CC) and Ferb "Roller- Montana (N)
"Super Twins" coaster" (N) (CC)
This Old House Home Again New Yankee Sweat Equity Sweat Equity Classic Rides Classic Car
DIY n (CC) (CC) Workshop (CC) ____ Restoration
DW Johannes B. Kerner Ich Trage einen Journal: Tages- Europa Aktuell Journal: In Euromaxx
DW Grossen Nam them Depth
E! The Daily 10 (N) Chelsea Lately The Girls Next Dr. 90210 The Family Ties That The Soup (N) Wildest Cop
E! Door Bind" Operation on brother. Show Moments
NFL Live (Live) Little League Baseball World Series -- Northwest vs. Southeast. From Baseball Tonight (Live)
ESPN (CC) Williamsport, Pa. (Live) (CC)
ESPN I Gol ESPN: ATP Tennis US Open Series -- Western & Southern Financial Group Masters Quarterfinals. From Cincinnati.
Fuera de Juego (Live) (CC)
EWTrN LaDaily Mass: Our The World Over Life Is Worth The Holy Rosary Defending Life Voices on Virtue,
EWTN Lady Living 1 _
T 00) Cardio Insider Training "Beach Volleyball" Art of the Athlete "Kye Petty" 20 Ways To ... "Slim Down" Weight.
FIT V Blast ( (CC) Volleyball. (CC) NASCAR driver Kyle Petty. (CC) (CC)
FOX=NC Fox Report- The O'Reilly Factor (Live) (CC) Hannity & Colmes (Live) (CC) On the Record With Greta Van
OX-NC Shepard Smith ILSusteren (Live) (CC)
(:00) MLB Baseball Cleveland Indians at Tampa Bay Devil Rays. From Tropicana Field in Around the The FSN Final
FSNFL St. Petersburg, Fla. (Live) __Track Score (Live)
(6:30) PGA Golf Champions Tour -- JELD-WEN Tradi- PGA Golf Wyndham Championship -- Second Round. From Forest Oaks
GOLF tion-- Second Round. (ive) Country Club in Greensboro, N.C. (CC)
GSN Lingo (CC) Weakest Link (CC) Dog Eat Dog ,1 (CC) Chain Reaction To Tell the Truth
(:00) Attack of X-Play X-Play Cops 2.0 Chat- Cops 2.0 Stolen NInja Warrior Ninja Warrior
G4Tech the Show! (N) tanooga bar. ,) vehicle., n (CC)
M*A*S*H Three Walker, Texas Ranger Walker and CLAIRE (2007, Suspense) Valerie Bertinelli, Fredric Lane, Micole Mercu-
H ALL wounded GIs af- Sammo return from LA. to capture no. A woman who has second sight provides clues to murders. (CC)
fect everyone, the Ranger's killer. (CC)
Buy Me Enlisted Selling Houses Abroad "Spain" A House Hunters World's Most Relocation, Relocation "Alison and
HGTV the help of an property that won't sell. ft (CC) International ,, Extreme Homes Mark" Alison and Mark's property
agent. 1 (CC) (CC) Bali longhouse. dream. n (CC)
INSP Morris Cerullo Breakthrough Jay Sekulow Inspiration To- Life Today (CC) This Is Your Day The Gospel
(CC) day (CC) 1Tuth
Reba "A Midse- My Wife and According to According to Friends Chandler Everybody Everybody
KTLA master Night's Kids "Bahamas" Jim "Paintball" Jim "The Smell faces a tough Loves Raymond Loves Raymond
Dream" (CC) f, (CC) of Success" choice. "Who's Next" (CC)
Still Standing Reba "It Ain't Reba Reba's kids ** I DO (BUT I DON'T) (2004, Romance-Comedy) Denise Richards,
LIFE Kids spread their OverTill the Red- carouse at dad's Dean Cain, Jessica Walter. A wedding planner falls for a man she thinks
wings. n head Sings" place. fl is engaged. (CC)
S:00 Hardball Countdown With Keith Olber- MSNBC Investigates Utah State MSNBC Investigates Pelican Bay
MSNBC, cc mann Prison. State Prison.
NICK DIEGO'S GREAT Go, Diego, Go! Go, Diego, Go! NIcktoons TV NIcktoons TV Funniest Home The Cosby
NICK n(CC) Identity a fish. f) fn Videos Show n CC)
S (:00)NUMB3RS Last Comic Standing "Challenge Las Vegas "Wagers of Sin" (CC) News (N) n News
n (CC) No. 2" (N) n (CC) (CC)
S :00) Trackside NASCAR Racing Nextel Cup -- 3M Performance 400 NASCAR Racing Busch Series -- Carfax 250 Practice.
SPEED T At...(N) Practice.
Rediscover the Behind the The Hal Lindsey Joel Osteen Dr. Frederick K. Praise the Lord (CC)
TEN Kingdom Scenes (CC) Report (CC) (CC) Price (CC)
Everybody ** REMEMBER THE TITANS (2000, Drama) Denzel Washington, Will Patton, Donald *, BLUE
TBS Loves Raymond Adeosun Faison. A black man coaches high-school football after integration. (CC) STREAK (1999)
Celebrity fans. (PA) (CC) (DVS)
(:00) A Model What Not to Wear "Leigh W." Ado- Fashion Fanatics "Shoes & Hand- A Model Life "Model Effort" The
TLC Life "Model Moti- lescent wardrobe. (CC) bags" Must-have accessories. (N) young women photograph one an-
vation" other. (N)
(:00) Charmed ', WHAT WOMEN WANT (2000, Romance-Comedy) Mel Gibson, Helen Hunt, Marisa * OVER-
TNT Enter the De- Tomei. A chauvinistic ad executive can suddenly read women's minds. (CC) BOARD (1987)
mon" ft (CC) Goldie Hawn.
TOON Naruto Naruto Naruto Naruto Naruto "Sakura Naruto Naruto "Akamarui
TOON Blossoms" Trembles"
T:00) Toute une Mondial d'impro "France vs Saltimbanquest Blacks Harbour, au pays de la Relais gour-
TV5 histoire Quebec" Jinny Jacinto. sardine mands "Lyon"
TWC Storm Stories Abrams & Bettes It Could Happen Full Force Na- Weather: Evening Edition (CC)
TWC (CC) Tomorrow ture (CC)
(:00) Yo Amo a Amar sin Limites Un hombre lucha Destllando Amor La Familla P. Una Familia de
UNIV Juan Querend6n para salvar a la mujer que ama. Luche Mejores Diez Familia no
amigos. tiene dinero.
(:00) Law & Or- Law & Order: Special Victims Unit Monk "Mr. Monk and the Buried Psych "Meat Is Murder, But Murder
USA der: Special Vic- Stabler is teamed with a bitter and Treasure" (N) (CC) Is Also Murder" (N) (CC)
times Unit f opinionated cop. ft (CC)
(:00) The Pick The Rock Life Fabulous Life Of..."High-Priced Scott Balo Is 45 Hogan Knows Mission: Man
VH1 upArtistn Hollywood Hotness" ft ... and Single Best f Band f
SWinchester Leg- Whitetail Revo- The Bucks of Best & Worst of The World of Federal Experi- Fly Fishing Mas-
V ends lutions Tecomate (CC) Tred Barta Beretta (CC) ence ters
* MAD CITY (1997, Drama) John Travolta, Dustin Hoffman, Mia Kirshner. A reporter ma- WGN News at Nine (N) f (CC)
WGN nipulates a small story into a media circus. f (CC)
Everybody WWE Friday Night SmackDownl (N) f (CC) CW11 News at Ten With Kaity
WPIX Loves Raymond Tong, Jim Watkins (N) (CC)
n (CC)__________
WSBK Jeopardy! (CC) Dr. Phil f (CC) News (N) Jeopardyl (CC) Frasler "Love Frasier Frasiert
WSBK Stinks" f (CC) wants Eddie to
be neutered. ft

(:45) * INSIDE MAN (2006, Suspense) Denzel Washington, Clive Owen, Jodie Foster. Entourage Vince Entourage Eric
HBO-E A cop matches wits with a bank robber. n 'R' (CC) buys a desk. f has a collision.
(CC) f (CC)
(6:15) **A/, Costas NOW f (CC) Rome A grain shortage in Rome Rome "De Patre Vostro (About Your
HBO-P BEE SEASON triggers fresh hostilities. f (CC) Father)" Mark Antony returns to
(2005)'PG-13' Alexandria. f (CC)
(6:30) ** THE * PRIME (2005, Romance-Comedy) Meryl Streep, (:45) Hard Knocks: Training Camp (:45)*** IN-
HBO-W CHASE (1994) Uma Thurman. A recently divorced woman dates the With the Kansas City Chiefs f SIDE MAN
Charlie Sheen, son of her therapist. f 'PG-13' (CC) (CC) (2006) 'R' (CC)


(6:45) * AN OFFICER AND A GENTLEMAN Big Love"The Happiest Girl" Bill * THE DUKES OF HAZZARD
H BO-S (1982, Drama) Richard Gere. A hardened loner enlists takes Margene with him to a con- (2005, Comedy) Johnny Knoxville.
in the Naval Aviation Corps. 'R' (CC) vention. (CC) n 'PG-13' (CC) ___
** *,STAR WARS: EPISODE III -- REVENGE OF THE SITH (2005, Science Fiction) ** n THE FAST AND THE FURI-
MAX-E Ewan McGregor, Natalie Portman, Hayden Christensen. Anakin Skywalker joins the dark OUS: TOKYO DRIFT (2006) Lucas
,side and becomes Darth Vader. ft 'PG-13' (CC) Black. 'PG-13' (CC)
(:10) v, RED PLANET (2000, Science Fiction) Val THE TEXAS CHAINSAW MASSACRE: THE BE- (:35) BEDTIME
MOMAX Kilmer, Carrie-Anne Moss. Marooned astronauts strug- GINNING (2006, Horror) Jordana Brewster, Andrew STORIES 2
gle to survive on Mars. n 'PG-13' (CC) Bryniarski, R. Lee Ermey. n 'R' (2000) 'NR' (CC)
S(:00) *' LAST HOLIDAY (2006, Comedy) Queen Weeds "Doing Californication (:05) * MAN ABOUT TOWN
SHOW Latifah, Gdrard Depardieu. iTV. A terminally ill woman the Backstroke" "Pilot" (iTV) f (2006, Comedy-Diama) Ben Affleck.
lives it up on vacation. f 'PG-13' (CC) Truth emerges. (CC) TV Premiere. f 'R' (CC)


TMC


Enjoy Great Food, Prizes and Lots of Fu


i'm lovin' it


~." ~
-- ..


FRIDAY EVENING


I.







nl.


E2O THT) 02: CEM2(97 orravid Aruete, Neve0am(12bell, THoy
STREET PARK town. 0 'R' (CC) of stranded collegians. 'R'


-- ----- ..


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Let C-li L'lie t-le
B a l *i I n ,e a, | <9

I\is sidekick rDek pLf '1
soi,1 e smiles oil yo\ ,'1% ,
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A\icH|.|y Ho f atc McDonald's in
OLikes Field ever Tklui,'sdaCJ

from 3,:30p to 4:30pin dLuLitiC file

11101I of 7\ALC LIst 2007.







PAGE lOB


THE TRIBUNE BUSINESS


IIC I I iI aICS PAGE......


( Calvin & Hobbes


TO PUBLICIZE 7NE
25S, ANNIVERSARY
OF HIS COMIC STRIP,
1AR VIM APPEARS
ON A NUMBER OF
7V fiNTERVI'W S /OWs.


CARTOON D065, CATS-E.VEN BAstBIES
-ALL ABLE TO COMMIUNICATE
V4ITH EACH OTHER. B'< OU6MT.


NON SEQUITUR


U


ACROSS
1 Too angry to put a tick? (5)
6 Could tales have been written on
one? (5)
9, General treatment (7)
10 Guard against the usual
sorry ending (5)
11 High place in a race, I see (5)
12 Discontinue keeping a key
in a box (5)
13 Could such a gains tax equate to a
fine? (7)
15 Swear it means five nil to a
centre-forward (3)
17, Soon to be nameless (4)


18 Take a good view of being possibly
mad with anger (6)
19 Just a moment (5)
20 Being encircled can
be heavenly (6)
22 One can be on either side of the
wicket (4)
24 Likely place for a cathedral (3)
25 A book partly typed showing
originality (7)
26 A better judge? (5)
27 Incomplete bulletin, you'll admit (3,2)
' They may make holes in your
wardrobe (5)
29 Account for a plece of sirloin getting
spoilt in a new oven (7)
30 United in dealing with weeds (5)
31 Will she finish up In outer
Wembley? (5)


DOWN
2 Ronald's possible rage at a piece of
news (6)
3 Injury to the ruling head in
a country (6)
4 Small part of Ayrshire,
for instance (3)
5 Animal in a calm stale out East (5)
6 Sees aid distributed as a sort of
resort (7)
7 Departed behind time (4)
8 He's got the measure of his
customers (6)
12 Is able to take in the tax people,
the dogl (5)
.13 Bring on a turn in a patient's
condition (5)
14 Crazy about Indoor plants? (5)
15 Important East Ender coming
between a couple (5)
16 Informally, it covers more
than a foot (5)
18 Can he bring electricity to the part of
Romeo? (5)
19 Instructed in gun laying? (7)
21 Claim an eagle can fly
round a comer (6)
22 Ask anybody to leave (6)
23 Was uncomfortable having tied the
knot outside the church (6),
25 Points to a story's ending as being
interesting (5)
26 Number Including a 4! (4)
28 Take a short cut across the green (3)


ii I,,


S--
Yesterday's cryptic solutions Yesterday's easy solutions i
ACROSS: 3, Corps 8, Tiger 10, Rig up 11, Fez 12, Cabin 13, ACROSS:3, Sprg 8, Depot 10, Niche 11, Car 12, Malta 13,
.0 General 15, S-KO-al 18, Bar 19, Fossil 21, Ment-l-on 22, Doleful 15, Onset 18, Dud 19, Entire 21, Condone 22,
Too-L 23, Perm24, Fore-ver 26, Listen 29, Ma-d.31, Enter Edam 23, Pass 24, Decider 26, Folded 29, Can 31, Trees
R 32, MA-nager 34, Arson 35, Leg 36, Me-t-re 37, CO-MIC 32, Density 34,Tired 35, Ire 36, Steer 37, Token
38, Stilt 38, Ready
DOWN:;1, Lifer 2, Jezebel 4, Oral 5, Prison 6, Sinks 7, DOWN: 1, Decoy 2, Boredom 4, Peal 5, Intone 6, Giant 7,
Duba-i 9, Gen 12, Cart-o-on 14, R-an 16, Osier 17, Lla-MA Sheer 9, Pal 12, Muddled 14, Fun 16, Silar 17, Tense 19,
19, Foreman 20, Stale 21, M-0-ist 23, Pedalos 24, Ferret Enticed 20, Delft 21, Cable 23, Pension 24, Desire 25, Dan
25, Van 27, Inner 28, Tears 30, Be-GI-n 32, Moll 33, Gem 27, Orate 28, Deter 30, Steel 32, Deed 33, Irk -


TOl16H-T, ON A SPECIAL C"O/ZO'0
I'LL EXPLORE 11S IrWYST-RY
DURING MW IATERVV EW WITH
COMICS STAR. MARVIN MILLER.


ACROSS
1 Tree (5)
6 Poetry (5)
9 Ripened (7)
10 Entire
range (5)
11 Correct (5)
12 Middle (5)
13 Many (7)
15 Weight (3)
17 Scheme (4)
18 Submissive
(6)
19 Number (5)
20 Habituated (6)
22 Otherwise (4)
24 Born (3)
25 Colonist (7)
26 Boundary (5)
27 Heathen (5)
28 Shrub (5)
29 Forts (7)
30 Insurgent (5)
31 Anaeslhetic (5)


Wolff crossed to the heart ace
and led the diamond queen, covered
by the king and ace. The jack of
hearts was then cashed, producing
this position:
North
T9
+93
4.Q95
West East
*105 *54
*106 4+10874


SOUTH
4K6
VA85
*QJ87
+AJ32
The bidding:
North East South
Pass Pass 1 NT
3 NT
Opening lead jack of spad
This deal occurred in th
World Team Olympiad
qualifying-round match betw
two teams that for the pr
quarter-century had dor
bridge, the United States an
On this occasion, the America
ily won the 20-deal encounter
the hand shown contributing
cantly to the victory.
When Bobby Wolff of th
was declarer at three notru
won the spade lead with the k
led a heart to the queen. Ea
and returned a spade to Wes
and a third spade went to du
'queen.
l l


South
*J87
+AJ3
Next came the nine of hearts,
East and South each discarding a
West club while poor West found himself
Pass in dire straits. If he parted with a dia-
mond or a club, South would score
es. the game-going trick in whichever
e 1984 suit West discarded. And if he let go
in the of a spade, declarer could afford to
een the lose a diamond to the ten to guaran-
revious tee the contract.
ninated In practice, West discarded a dia-
d Italy. mond, whereupon Wolff cashed the
ans eas- diamond jack and finished with 10
er, with tricks in all.
signifi- At the other table, the play to the
first six tricks was identical. But after
he U.S. the Q-K-A of diamonds, the Italian
mp, he declarer did not cash his hearts.
ing and Instead, he elected to finesse the nine
ist won of diamonds, and when West won
t's ace, and cashed his spades, South was
ummy's down one to give the U.S. a 480-
point gain on the deal.


HOW many words of
four letters or more -
can you make from the .
letter% shown here? In
making a word, each "
letter may be used once I !
only. Each must contain o -
the centre letter and o
there must be at least "-
one nine-letter word. No
plurals or verb forms E \ N j 4 W -
ending in "s", no words I a t I5
with Initialcapitals and S.T 2-
no words with a hyphen or apostrophe permitted. W
The first word of a phrase Is permitted (e.g. inkJet in M. cc. '
inkjet printer). 9 0
TODAY'S TARGET 2 -
Good 30; very good 45; excellent 60 (or more). S2 0T -:
Solution tomorrow. MaS.


DOWN
2 Tooth covering (6)
3 Trinket
(6)
4 Rodent (3)
5 Wall-painting (5)
6 Translation (7)
7 Revise (4)
8 College (6)
12 Walked in water (5)
13 European country (5)
14 Fashion (5)
15 Heading (5)
16 At no time (5)
18 Subtract (5)
19 Original (7)
21 Nullify (6)
22 Sign up (6)
23 Type of seed (6)
25 Liquid measures (5)
26 Material (4)
28 Shelter (3)


I SI
n I


ICHE SSbyLoadBr


Parimarjan Negi v Emil
Hermansson, Malmo 2007. Negi,
13, is currently the world's
youngest grandmaster. He has
been coached by England's
former world title challenger
Nigel Short, and specialises in
sharp opening play, so today's
game was right up the Indian's
street as his Swedish opponent
had already twice played a
stereotyped and dubious Sicilian
Defence variation at Malmo.
Negi arrived at the board
primed with database
homework, and sure enough
Hermansson fell into a prepared
line which gave White a great
advantage. Here Negi (White, to
play) has already sacrificed a
bishop to trap the black king in
mid-board. The Swede naturally
hoped for time to'play Q or
Bxe4, but the teenager, still


I
I~
I




a CB


S ~


following his preparation,
unleashed a winning tactic which
induced a blunder. In the main
line White actually sacrifices a
second piece but soon recovers it
with decisive interest. It's not an
easy puzzle to visualise today, so if
can you work out what happened _
you rate expert standard.
LEONARD BARDEN


Chess solution 8419:1 f7+! The game ended Kd8?
2 Qg5+ Re7 3 Qe5 and Black resigned since both his
h8 rook and b8 knight are attacked. Negi's main line
was Rxf7 2Nd6+! Bxd6 3 Qxe6+ Be7 4 Qxf7* Kd8 5
Rfdl4 Nd7 6 Qe6 and White gains decisive material.


CRYPTIC PUZZLE -- 17


I


Tribune

Horoscope


By LINDA BLACK


FRIDAY,
AUGUST 24

ARIES March 21/April 20
Don't be too aggressive when meet-
ing someone for the first time this
week, Aries. This person is rather
shy and may feel uncomfortable.
TAURUS April 21/May 21
While you really just want to stay
home this week, that's not an option
for you, Taurus. Go out, and try to
have a good time. The outings will
be more fun than you. expect, and
may even lead to romance.
GEMINI May 22/June 21
Don't let an acquaintance sway your
opinion about a personal matter.
Stand your ground. You know how
you feel and why; this person
shouldn't tell you otherwise.
CANCER June 22/July 22
Don't desert a friend in need early
in the week, even if the two of you
haven't seen each other in a while.
Be there for him or her, and try to
do what you can.
LEO July 23/August 23
Keep your feelings to yourself when
it comes to work. Don't let the
higher-ups know how upset you are.
A friend invites you out. Say yes,
because it's sure to be a good time.
VIRGO Aug z4/mept Lz
You'll meet an interesting person
while out with friends on Tuesday.
Even though you're attracted to
him or her, don't get involved. He
or she isn't being honest with you.
LIBRA Sept 23/Oct 23
While you hate to be rude, that's the
only way you'll be left alone this week,
Libra. Don't feel guilty about it -
you've got work to do. A loved one
needs a shoulder to cry on. Be there.
SCORPIO Oct 24/Nov 22
You have an important decision to
make this week, Scorpio. Don't just
think about what is best for you;
consider what your decision will
mean to everyone involved.
SAGITTARIUS Nov 23/Dec 21
Control your temper when a friend
aggravates you. Stand your ground,
but do it calmly. A good friend needs
your help with a financial problem.
Do what you can for him or her.
CAPRICORN Dec 22/Jan 20
Don't let a minor setback keep you
from going after what you really
want. If you don't get distracted,
you're sure to reach your goal.
Loved ones turn to you for advice.

AQUARIUS Jan 21/Feb 18
Everyone seems to be asking you
for something this week. While you
don't like it, there's nothing that
you can do about it. You'll have
time to relax and recharge later.
PISCES Feb 19/March 20
You're normally laid-back, but
you'll see something that you want,
and you go after it. Don't feel guilty.
There's nothing wrong with this.


I






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THE TRIBUNE.


PAGE 12B, FRIDAY, AUGUST 24, 00/,


industriall metals prices climb as




investors regain confidence in,




strength of worldwide demand


FM By LAUREN VILLAGRAN
AP Business Writer
NEW YORK (AP) Indus-
trial metals prices climbed yes-
Ierday as investors regained
confidence in the strength of
worldwide demand, particular-
Iy from China, for the materials
hbisic to economic growth.
)t her commodities traded
higher at midday, with agricul-
ture, energy and precious met-
als prices notching gains.
The commodities markets
have suffered along with other
financial markets as a shrink-
ing availability of credit
squeezed many investors and
unnerved Wall Street in partic-
1l;ii. Some investors pulled out
of commodities to lessen their
exposure to risk; others view
credit troubles as a precursor
to slower economic growth and
weaker demand for commodi-
ties such as copper, aluminum
.md oil.


The Federal Reserve has
made several moves to ease
concerns about credit by pour-
ing additional liquidity into the
banking system and trimming
its discount interest rate to
banks. Trading this week on
Wall Street has been calmer
than it has been in weeks, but
stocks retreated Thursday amid
persistent concerns over the
extent of credit market prob-
lems.
"The big investment banks
are key for lending credit to
facilitate trading," said Kurt
Karl, chief US economist for
Swiss Re. With so much credit
on their books, they've cut back
lending, and "it's backed up a
lot of different markets."
Industrial metals prices large-
ly rose Thursday on the Lon-
don Metal Exchange on the
back of the prior day's gains
when China reported strong
import demand for metals and
lower exports of aluminum, lead


and tin. Barclays Capital ana-
lyst Kevin Norrish said in a
client note the data has helped
reassure the market that "fun-
damental trends are still firm."
China continues to need copi-
ous amounts of raw materials
to build roads, skyscrapers and
homes.
"While movements in wider
financial markets will continue
to be a key factor in setting
investor sentiment towards the
complex, the strength in Chi-
na's industrial metals demand
and its flagging export levels in
several key sectors provide a
firm underpinning for a bounce-
back in base metals prices once
the dust from subprime settles,"
Norrish wrote.
The problems in the credit
markets stem fromthe rising
defaults on subprime loans, or
those made to people with poor
credit. Lead prices jumped
nearly five per cent, while tin
rose 2.5 per cent on the LME.


Copper edged higher in Lon-
don, while the December con-
tract added 5.15 cents to $3.274
a pound on the New York Mer-
cantile Exchange.
In the precious metals mar-
ket, gold prices wavered around
$670 an ounce, while silver
gained. Precious metals often
move opposite the US dollar,
which declined further against
the British pound and euro but
rose against the Japanese yen.
December gold was quoted
up 80 cents at $669.50 an ounce
at midday on the Nymex. The
December silver contract added
9.6 cepts to $11.825 an ounce.
Elsewhere, oil and gasoline
prices edged modestly higher.
The Energy Information
Administration on Thursday
reported a sharp drop in US
gasoline stockpiles, which has
bolstered prices. But the
increase in crude inventories
last week has helped cap oil
prices.


Energy traders have been
reacting to several crosscur-
rents: Gasoline supplies in stor-
age remain tight, but summer
demand is winding down.
Meanwhile, the market has also
been watching any sign that
unfolding problems in the cred-
it market could crimp econom-
ic growth and demand for oil.
In Chicago, wheat prices
climbed for a fifth straight day
to reach new record levels as
the December contract surged
to $7.54 a bushel. Traders are
pricing in robust worldwide
demand for wheat and shrink-
ing supply. The US Department
of Agriculture said Thursday
that wheat supplies available
for export plummeted in July
and said "stocks could be driven
down to unprecedented low lev-
els." Rain, frost and drought in
different parts of the European
Union ravaged wheat crops this
year, leaving the EU with less to
export and boosting its import


requirements. Poor weather
also ruined crops in the Black
Sea region, a major supplier of
low-cost wheat. That, in turn,
has increased demand for US
wheat. The USDA forecasts
world ending stocks of 114.8 in
the 2007-2008 crop year which
runs June through May. That's
eight per cent below last year
and down 23 per cent from two
years ago.
December wheat, the con-
tract with the largest open inter-
est, rose 6.25 cents to $7.38 a
bushel, rolling back its earlier
gains. The front-month Sep-
tember wheat contract added
3.5 cents t'o $7.22 a bushel.
Corn for December delivery
added 0.5 cent to $3.6475 a
bushel, while November soy-
beans picked up 15 cents to
$8.62 a bushel at midday. Open
interest refers to the number of
futures contracts that have not
expired, been exercised or ful-
filled by delivery.


IAnsmwueroneCa tine e~e~ ia ree CD and (2) Freetickes to Tada's Concert

What are two (2) of TaDa's current radio singles?

~~~~~~~~~~~~,.' J _, =., : ,..: .,..; [


J T"iLE KiNG Biargain Finder


The Tribune
WftM.f//f ^ '1


Come and support a

SOUCE OUT this

SATURDAY, AUGUST 25th

in aid of MEDICAL FUNDS

for


DEBRA FERNANDER

(Club Waterloo's Cook)

from


10a.m.


- UNTIL


at


CLUB WATERLOO

East Bay Street







k a dwt I b &et 9 e
I t rt ofo I rhmt tpb



an contribte to very ood cause


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