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It is believed that Prenor has cancelled its lease on the Towne Square facility, which is understood to be partially owned by Confederation Life Insurance. The closure is the second trust operation to fail in two months. Last month, the Dominion Trust branch on Lakeshore Road just east of Navy Street, closed and was acquired by National Trust, along with Dominion‘s four other Ontario branches. Its largest deposit base was in Ontario with a total of $376â€"million invested as of Sept. 3rd but initial liquidators, Deloitte and Touche, are still trying to determine how many of Prenor‘s 85,000 customers were in this province. Oakville branch manager Bert Loader, who was due to move here from Belleville soon, was relieved of his duties on the weekend, along with several of the five person staff. Two notices on the doors of the branch tell customers of the windingâ€"up order in English and two are in French. Top quality names at reasonable price Lynn Cunnane, manager of The Accessory Place on Lakeshore Road: varied merchandise with some classic names. invested with a defunct trust company which ceased operations last weekend, according to Canada Deposit Insurance Corporation documents. The money was in 934 accounts but the CDIC couldn‘t say how much was covered by its insurance scheme. More than $11â€"million of Oakville depositors‘ money was i Prenor had 13 branches and 200 employees across Canada, with two in Toronto and three in Vancouver. It had deposits totalling $880â€" million and assets of about $923â€"million but sources say much of the asset base was believed to be secured by shaky commercial real estate. By DEREK COOMBER Special to the Beaver Depositors with $60,000 or less in any one account are guaranteed to get their money back, under CDIC regulations. Temporary liquidators, appointed by an Ontario court late Friday, were checking the books at the locked Prenor Trust building at Towne Square on Lakeshore Road this week after shareholders in the Montrealâ€"based company decided to seek a voluntary windingâ€"up order. PRENOR closure follows a trend Trusts and banks jockeying in fight for financial clout (See ‘Financial‘ page 26) AHE OAKVILLE BEA (Photo by Peter McCusker) Client at Prenor‘s Oakville branch finds doors locked this week: depositors will be protected. (Photo by Peter McCusker) By NANCY ALEXANDER Special to the Beaver the best ways to stretch your clothing dollar is with accessories. If you can‘t afford to buy a new suit, you can at least make the old one look new by adding a different scarf or some jewelry. ! nyone in the fashion industry can tell you that one of If you‘re looking for accessory ideas, you‘ll see new ones on display every week in the shop‘s two large windows. These weekly displays (one always featuring Liz Claiborne merchandise) never fail to draw interested customers into the store. "We deliberately keep the windows simple and uncluttered, and we change the theme each week," she notes.""People are always drawn in by the displays." Another big drawing card at Accessory Place is the Liz Claiborne name. This is the only store outside of Ogilvy‘s in Montreal to carry the entire line of Claiborne accessories, including shoes. Just ask Lynne Cunnane, store manager of Accessory Place, a new shop at 225 Lakeshore Road. presides over 3,500 square feet of accessories, running the gamut from beaded vests to hair barrettes. She is a firm believer in the art of the accessory, and its ability to stretch a wardrobe. Of course there are other well known names on display such as Anne Klein and Jones of New York, but Cunnane is quick to point out that the designer labels do not mean heavy price tags. In fact, she says, the store makes it a point to keep prices moderate while keeping the fashion value in tact. "The comment we‘ve heard most often from people since opening is how reasonable our prices are. They can‘t believe it," she adds. The merchandise in the store is varied enough to appeal to any age group, and Cunnane admits she is continually trying to offer a wide variety of looks from glitzy to businessâ€"like to just plain fun. With the Christmas season upon us, the store is also stocked with some seasonal merchandise such as tree decorations and specialty gift items. Custom gift baskets, which could include anything from bath soaps and potpourri to a woolly hat and matching gloves have proven very popular. Im»St. Lawrence Cement m Gymboree award > Marketing honors FRIDAY, DECEMBER 10, 1993 Page 25 Revenue for the period increased to $363â€"million from $330.7â€"million one year ago. The event, that saw 188 students from 15 Ontario colleges participating, included a Quiz Bowl in a ‘Reachâ€"forâ€" theâ€"Top‘ format, a merchandising mathematics test, several problemâ€" solving competitions in key areas of marketing and individual job interview and sales presentation events. The competition is designed to demonstrate the skills college students are learning in their marketing programs. St. Lawrence Cement has posted a $3.9â€"million profit for the thirdâ€"quarter compared with a $2â€"million loss for the same period a year ago. Share profit was 8 cents a share compared with 5 cents a year earlier. On a yearâ€"toâ€"date basis, the company has posted a $9.9â€"million loss from $21.7â€"million in 1992. The share loss was 24 cents compared to 51 cents a year earlier. The company also registered an increase in revenue to $174â€"million from $151â€"million one year ago. Karen Hodgson of Oakville and Burlington‘s Nikki Cockshutt, took third place in retail management problem solving while Mario Zaborski also finished third in the executive job interview category. The Gymboree Parent/Child Play Program was established in 1976. Today, a series of seven levels from birth age 5 are offered. This includes our newest edition GymKids â€" a parent optional program for 4 and 5â€" yearâ€"olds. For more information on the Gymboree Program, call 905â€"338â€" 5437 (KIDS). Three Sheridan College Businessâ€" Marketing students placed well in the 10th Annual Ontario Colleges Marketing Competition held last month in Brockville. Gymboree of Oakville has been offering classes in Oakville for four years. Melinda acquired Gymboree 16 months ago, and this is the first time a Canadian has won such an honor. "Every year, franchisees from as far away as Taiwan and South America gather at our seminar to share information and network," says Denise Hill, Gymboree‘s director of franchise marketing. Gymboree is the world‘s leading Parent/Child Play Program, with more than 370 franchisees internationally. Melinda Harrison of Oakville received the most outstanding franchisee Gymee award in a resale territory at Gymboree‘s annual seminar in Los Angeles last month. The Gymee‘s are Gymboree‘s version of the Academy Awards and signify the company‘s highest honors. Sheet