H.B. SHAINE CEASES BROKER-DEALER OPERATIONS
<H.B. Shaine and Co Inc> of Grand
Rapids, Mich., ceas its broker-dealer operations, at the
close of Oct 19, the New York Stock Exchange said.
    The firm reported that, under such financial difficulty, it
could not continue to do business as a member firm of the NYSE,
according to the NYSE.
    Officials of the company could not be reached for further
comment.
   
 Reuter
