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To: Mark Bartlett who wrote (33175)	5/5/1999 8:05:00 AM
From: lorne	Respond to of 116811

US farmers worry IMF funds propping up competitors Tuesday May 4, 5:55 pm Eastern Time WASHINGTON, May 4 (Reuters) - U.S. farmers are concerned that International Monetary Fund money is being used to prop up farmers in competing countries, a move that could potentially cut into U.S. farm income, producers told lawmakers on Tuesday. Throughout rural America, farmers are expressing concern that their tax dollars that are contributed to the IMF are only going to turn around and bite them, they said. ''The rumor mill at the local coffee shops I enjoy is about IMF funding of large agricultural projects that will produce wheat and barley at prices below America's cost of production,'' Idaho Grain Producers Association President Kieth Kinzer told a Senate Banking subcommittee hearing. Kinzer said farmers are concerned, for example, that the IMF is lending money to Romania so that farmers are now able to buy better tractors than U.S. farmers can afford. ''Here's the IMF setting up people to compete against us,'' he said. But lawmakers expressed support for the IMF, saying that the farmers often do not seem to have accurate facts about the international agency. ''We've never lost money on the IMF,'' Rep. Tim Johnson, a Democrat from South Dakota, said. ''In fact, we've made money on the IMF over the years.'' biz.yahoo.com

To: Mark Bartlett who wrote (33175)	5/5/1999 8:51:00 AM
From: long-gone	Read Replies (1) \| Respond to of 116811

Alta Gold Co. Appeals Nasdaq Delisting Notice HENDERSON, Nev.--(BUSINESS WIRE)--May 5, 1999--Alta Gold Co. (Nasdaq/NM:ALTAQ - news) Wednesday announced that it has appealed the decision of the staff of Nasdaq to delist the company's common stock. The company's appeal was made to a Nasdaq Listing Qualifications Panel, pursuant to the procedures set forth in the Nasdaq Marketplace rules, whereby the company submitted the appropriate fee and requested an oral hearing. Alta has been advised that the hearing will be held on June 17, 1999. At the hearing, the company expects that it will be required to demonstrate its ability to sustain long-term compliance with all applicable criteria for continued listing on the Nasdaq National Market. In that regard, Nasdaq may apply additional or more stringent criteria for the continued listing of the company's common stock as a result of the company's bankruptcy. No assurance can be given that a hearing regarding Nasdaq's determination will be successful. (cont) biz.yahoo.com

To: Mark Bartlett who wrote (33175)	5/5/1999 8:55:00 AM
From: Alex	Respond to of 116811

5/05/99 - Canada sells 135,000 ounces of gold in April <Picture> OTTAWA, May 5 (Reuters) - Canada"s central bank sold 135,000 ounces of gold in April from the foreign reserves, leaving reserves at about 2.2 million ounces, the Finance Department said on Wednesday. The 135,000 ounces sold in April were held at a book value of US$6.5 million. The sale increased holdings of U.S. dollars by US$39.3 million. The Canadian government has a policy of gradually selling off its gold reserves and replacing them with interest bearing instruments. REUTERS Rtr 08:16 05-05-99