Path: utzoo!utgpu!watserv1!maytag!looking!clarinews From: clarinews@clarinet.com Newsgroups: clari.canada.biz Subject: Canadian Business Report Keywords: canadian broadcast Message-ID: <1Rcanbusiness_9a@clarinet.com> Date: 18 Jan 90 22:01:08 GMT Lines: 36 Approved: clarinews@clarinet.com Location: canada ACategory: financial Slugword: canbusiness-2 Priority: regular Format: briefs X-Supersedes: ANPA: Wc: 321; Id: z3365; Sel: cnn..; Adate: canbusiness-2-1aed Codes: jn..mcnr Note: CanBusiness-2 CanDollar The Canadian dollar's official close is 86-point-one-zero (86.10) cents U-S. That's UP 28 one-hundredths of a cent from yesterday's official close (of 85.82). One American dollar costs about one-dollar-16-and-a-tenth cents Canadian. ($1.16.15) USADollar The American dollar was up in Europe as some dealers felt the U-S currency was a safe haven in light of troubles in the Soviet Union. The U-S buck was also up in Tokyo against the yen. WallStreet The Dow Jones Industrial Average gained seven and a quarter points to 26-hundred-66 and a third...bouncing back in the closing minutes, erasing an earlier decline. The Dow had been down more than 23 points at one time. Trading was active at 178-Million shares, with advances leading declines. TorontoStocks The Toronto Stock Exchange 300 is DOWN almost 15 points to 38-57 and a third after trading of 26-point-two-Million shares. Value of trading - 351-point-two-Million dollars. The Toronto 35 Index is DOWN three-quarters of a point to 205 and a half. TorontoGold Gold in Toronto is DOWN three dollars at 411-dollars U-S. TorontoSilver Silver in Toronto is DOWN slightly (seven one-hundredths of a cent) to five-dollars-20 cents U-S. hewitt/standard broadcast wire