HELM <H> SELLS ADDITIONAL SHARES IN BAMBERGER
Helm Resources Inc said that, pursuant
to the exercise of an overallotment option by underwriters in
Bamberger Polymers INc's initial public offering, it has sold
another 35,000 Bamberger shares and reduced its ownership in
Bamberger to 51 pct from 55 pct.
    To date, Helm has sold 435,000 Bamberger's for 3.5 mln
dlrs.
    Bamberger has sold a total of 600,000 shares and received
net proceeds of about 4.8 mln dlrs since the February 1987
offering.
 Reuter
