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CANAL-RANDOLPH LIMITED PARTNERSHIP ANNOUNCES FINAL LIQUIDATION

 NEW YORK, May 4 /PRNewswire/ -- The general partners of Canal- Randolph Limited Partnership (OTC: CANLZ) today stated, as previously announced, that a final cash liquidating distribution will be paid to unitholders of record on April 30, 1993. The amount of such distribution will be $0.45 per unit. To receive the final liquidating distribution, unitholders must surrender all certificates representing units of limited partnership interest. On or about May 10, 1993, specific instructions for the surrender of partnership units will be sent to all unitholders who were holders of record on April 30, 1993.
 -0- 5/4/93
 /CONTACT: Reginald Schauder of Canal-Randolph Limited Partnership, 212-826-6040/
 (CANLZ)


CO: Canal-Randolph Limited Partnership ST: New York IN: FIN SU:

LR-SH -- NY057 -- 4369 05/04/93 13:27 EDT
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Publication:PR Newswire
Date:May 4, 1993
Words:126
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