HELM &lt;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.
  

