91




 
 
                                  EXHIBIT 13.2

                     Management Report on Financial Statements 


92
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             MANAGEMENT'S RESPONSIBILITY FOR FINANCIAL STATEMENTS
   
          The Corporation's consolidated financial statements and the related
information appearing in this Annual Report were prepared by management in
accordance with generally accepted accounting principles and where appropriate
reflect management's best estimates and judgment.  The financial statements
and the information related to those statements contained in the Annual Report
are the responsibility of management. 

          The accounting systems of the Corporation include internal
accounting controls which safeguard the Corporation's assets from material
loss or misuse and ensure that transactions are properly authorized and
recorded in its financial records, and designed to provide reasonable
assurance as to the integrity and reliability of the financial records.  There
are inherent limitations in all systems of internal control based on the
recognition that the cost of such systems should not exceed the benefits to be
derived.  The accounting system and related controls are reviewed by a program
of internal audits performed by the internal auditor and independent auditors. 

          Our independent auditors are responsible for auditing the
Corporation's financial statements in accordance with generally accepted
auditing standards and to provide an objective, independent review of the
fairness of reported operating results and financial position of the
Corporation.

          The Corporation's internal auditor and independent auditors have
direct access to the Audit committee of the Board of Directors.  This
committee, which is composed of five outside directors, meets periodically
with the internal auditor, the independent auditors, and management to ensure
the financial accounting and audit process is properly conducted.

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