a3-data/input.txt

but while the new york stock exchange did n't fall ___
some circuit breakers installed after the october N crash failed ___
the N stock specialist firms on the big board floor ___
big investment banks refused to step up to the plate ___
heavy selling of standard & poor 's 500-stock index futures ___
seven big board stocks ual amr bankamerica walt disney capital ___
once again the specialists were not able to handle the ___
<unk> james <unk> chairman of specialists henderson brothers inc. it ___
when the dollar is in a <unk> even central banks ___
speculators are calling for a degree of liquidity that is ___
many money managers and some traders had already left their ___
then in a <unk> plunge the dow jones industrials in ___
<unk> trading accelerated to N million shares a record for ___
at the end of the day N million shares were ___
the dow 's decline was second in point terms only ___
in percentage terms however the dow 's dive was the ___
shares of ual the parent of united airlines were extremely ___
wall street 's takeover-stock speculators or risk arbitragers had placed ___
at N p.m. edt came the <unk> news the big ___
on the exchange floor as soon as ual stopped trading ___
several traders could be seen shaking their heads when the ___
for weeks the market had been nervous about takeovers after ___
and N minutes after the ual trading halt came news ___
arbitragers could n't dump their ual stock but they rid ___
for example their selling caused trading halts to be declared ___
but as panic spread speculators began to sell blue-chip stocks ___
when trading was halted in philip morris the stock was ___
selling <unk> because of waves of automatic stop-loss orders which ___
most of the stock selling pressure came from wall street ___
traders said most of their major institutional investors on the ___
now at N one of the market 's post-crash reforms ___
under an agreement signed by the big board and the ___
after the trading halt in the s&p N pit in ___
as a result the link between the futures and stock ___
without the <unk> of stock-index futures the barometer of where ___
the futures halt was even <unk> by big board floor ___
this confusion effectively halted one form of program trading stock ___
in a stock-index arbitrage sell program traders buy or sell ___
when the airline information came through it <unk> every model ___
we did n't even get a chance to do the ___
the dow industrials were down N points at N p.m. ___
at N p.m. at the end of the cooling off ___
meanwhile during the the s&p trading halt s&p futures sell ___
big board chairman john j. phelan said yesterday the circuit ___
i just think it 's <unk> at this point to ___
under another post-crash system big board president richard <unk> mr. ___
he <unk> out at a high-tech <unk> center on the ___
at about N p.m. edt s&p futures resumed trading and ___
but the <unk> of s&p futures sell orders weighed on ___
at about N the s&p market <unk> to still another ___
futures traders say the s&p was <unk> that the dow ___
during this time small investors began ringing their brokers wondering ___
at prudential-bache securities inc. which is trying to cater to ___
that 's when george l. ball chairman of the prudential ___
i have a <unk> that this particular decline today is ___
it would be my <unk> to advise clients not to ___
at merrill lynch & co. the nation 's biggest brokerage ___
the release cautioned that there are significant differences between the ___
however jeffrey b. lane president of shearson lehman hutton inc. ___
and i think a lot of people will <unk> on ___
it 's going to bring the debate right back to ___
as the dow average ground to its final N loss ___
jeffrey <unk> of program trader <unk> investment group said N ___
while friday 's debacle involved mainly professional traders rather than ___
stock-index futures contracts settled at much lower prices than indexes ___
at those levels stocks are set up to be <unk> ___
but nobody knows at what level the futures and stocks ___
the <unk> between the stock and futures markets friday will ___
the big board 's mr. <unk> said our <unk> performance ___
but the exchange will look at the performance of all ___
obviously we 'll take a close look at any situation ___
see related story fed ready to <unk> big funds wsj ___
but specialists complain privately that just as in the N ___
mr. phelan said it will take another day or two ___
concerning your sept. N page-one article on prince charles and ___
it 's now the united kingdom of great britain and ___
ports of call inc. reached agreements to sell its remaining ___
the agreements bring to a total of nine the number ___
the company said a portion of the $ N million ___
earlier the company announced it would sell its aging fleet ___
a consortium of private investors operating as <unk> funding co. ___
the $ N million bid includes the assumption of an ___
the group is led by jay <unk> chief executive officer ___
mr. <unk> 's company specializes in commercial real-estate investment and ___
the assets are good but they require more money and ___
l.j. hooker based in atlanta is operating with protection from ___
its parent company hooker corp. of sydney australia is currently ___
sanford <unk> chief executive of l.j. hooker said yesterday in ___
the $ N million bid is estimated by mr. simpson ___
not included in the bid are <unk> teller or b. ___
the offer covers the massive N <unk> forest fair mall ___
the <unk> mall opened sept. N with a <unk> 's ___
other hooker properties included are a <unk> office tower in ___
the consortium was put together by <unk> <unk> the london-based ___
we do n't anticipate any problems in raising the funding ___
according to people familiar with the consortium the bid was ___
l.j. hooker was a small <unk> company based in atlanta ___
the company grew modestly until N when a majority position ___
mr. <unk> <unk> to launch an ambitious but <unk> $ ___
eventually mr. simpson and mr. <unk> had a falling out ___
since then hooker corp. has sold its interest in the ___
in addition robert <unk> chief executive of the <unk> chain ___
the merksamer chain is currently being offered for sale by ___
reached in <unk> mr. <unk> said that he believes the ___
these are n't mature assets but they have the potential ___
managed properly and with a long-term outlook these can become ___
canadian <unk> production totaled N metric tons in the week ___
the week 's total was up N N from N ___
the <unk> total was N tons up N N from ___
the treasury plans to raise $ N million in new ___
the bills will be dated oct. N and will mature ___
bids must be received by N p.m. edt thursday at ___
as small investors <unk> their mutual funds with phone calls ___
unlike the weekend before black monday the funds were n't ___
and many fund managers have built up cash levels and ___
at fidelity investments the nation 's largest fund company telephone ___
the boston firm said <unk> redemptions were running at less ___
as of yesterday afternoon the redemptions represented less than N ___
two years ago there were massive redemption levels over the ___
friday 's stock market sell-off came too late for many ___
some shareholders have held off until today because any fund ___
stock fund redemptions during the N debacle did n't begin ___
many have raised cash levels which act as a buffer ___
mario <unk> for instance holds cash positions well above N ___
windsor fund 's john <unk> and mutual series ' michael ___
even peter lynch manager of fidelity 's $ N billion ___
one reason is that after two years of monthly net ___
i 've let the money build up mr. lynch said ___
as a group stock funds held N N of assets ___
that was modestly higher than the N N and N ___
also persistent redemptions would force some fund managers to dump ___
but a strong level of investor withdrawals is much more ___
a major reason is that investors already have sharply scaled ___
<unk> sales have rebounded in recent months but monthly net ___
there 's not nearly as much <unk> said john <unk> ___
many fund managers argue that now 's the time to ___
vincent <unk> manager of the $ N billion wellington fund ___
and today he 'll be looking to buy drug stocks ___
fidelity 's mr. lynch for his part snapped up southern ___
if the market drops further today he said he 'll ___
if they <unk> stocks like that he said it presents ___
major mutual-fund groups said phone calls were <unk> at twice ___
they hope to avoid the <unk> phone lines and other ___
fidelity on saturday opened its N <unk> investor centers across ___
in addition east coast centers will open at N edt ___
t. rowe price associates inc. increased its staff of phone ___
the <unk> group noted that some investors moved money from ___
but most investors seemed to be in an information mode ___
and vanguard among other groups said it was adding more ___
in an unusual move several funds moved to calm investors ___
we view friday 's market decline as offering us a ___
several fund managers expect a rough market this morning before ___
some early selling is likely to stem from investors and ___
stock funds have averaged a staggering gain of N N ___
<unk> <unk> who runs shearson lehman hutton inc. 's $ ___
but she expects prices to rebound soon and is telling ___
nevertheless ms. <unk> said she was <unk> with phone calls ___
half of them are really scared and want to sell ___
she added if they all were bullish i 'd really ___
the backdrop to friday 's slide was <unk> different from ___
two years ago unlike today the dollar was weak interest ___
from the investors ' standpoint institutions and individuals learned a ___
this time i do n't think we 'll get a ___
newport corp. said it expects to report <unk> earnings of ___
the maker of scientific instruments and laser parts said orders ___
a spokesman added that sales in the current quarter will ___
<unk> from the strike by N machinists union members against ___
peter <unk> vice president for planning at the phoenix ariz. ___
mr. <unk> said boeing told america west that the N ___
boeing is also supposed to send to america west another ___
at this point no other america west flights including its ___
nevertheless the company 's reaction <unk> the <unk> effect that ___
it also is sure to help the machinists put added ___
i just do n't feel that the company can really ___
i do n't think their customers would like it very ___
america west though is a smaller airline and therefore more ___
i figure that american and united probably have such a ___
indeed a random check friday did n't seem to indicate ___
southwest airlines has a boeing N set for delivery at ___
it 's so close to completion boeing 's told us ___
a spokesman for amr corp. said boeing has assured american ___
american is preparing to take delivery of another N in ___
in seattle a boeing spokesman explained that the company has ___
meanwhile supervisors and <unk> employees have been trying to finish ___
as of friday four had been delivered and a fifth ___
no date has yet been set to get back to ___
we want to make sure they know what they want ___
the investment community for one has been anticipating a <unk> ___
though boeing 's stock price was battered along with the ___
the market has taken two views that the labor situation ___
boeing 's shares fell $ N friday to close at ___
but mr. baker said he thinks the earliest a pact ___
still he said it 's possible that the strike could ___
last week boeing chairman frank <unk> sent striking workers a ___
but mr. baker called the letter and the company 's ___
he added that the company <unk> the union 's resolve ___
in separate developments talks have broken off between machinists representatives ___
the union is continuing to work through its expired contract ___
it had planned a strike vote for next sunday but ___
united auto workers local N which represents N workers at ___
and boeing on friday said it received an order from ___
the planes long range versions of the <unk> <unk> will ___
a boeing spokeswoman said a delivery date for the planes ___
<unk> ltd. said its utilities arm is considering building new ___
<unk> <unk> <unk> 's senior vice president finance said its ___
but we would n't go into them alone and canadian ___
<unk> we 'd like to be the operator of the ___
our long suit is our proven ability to operate power ___
mr. <unk> would n't offer <unk> regarding <unk> 's proposed ___
britain 's government plans to raise about # N billion ___
the planned electric utility sale scheduled for next year is ___
under terms of the plan independent <unk> would be able ___
canadian utilities had N revenue of c$ N billion mainly ___
there seems to be a move around the world to ___
this is a real thrust on our utility side he ___
canadian utilities is n't alone in exploring power generation opportunities ___
we 're certainly looking at some power generating projects in ___
mr. <unk> said enron is considering building <unk> power plants ___
pse inc. said it expects to report third earnings of ___
in the year-ago quarter the designer and operator of <unk> ___
the company said the improvement is related to additional <unk> ___
<unk> <unk> flights are $ N to paris and $ ___
in a centennial journal article oct. N the fares were ___
diamond <unk> offshore partners said it had discovered gas offshore ___
the well <unk> at a rate of N million cubic ___
diamond <unk> is the operator with a N N interest ___
diamond <unk> offshore 's stock rose N cents friday to ___
<unk> & broad home corp. said it formed a $ ___
the partnership <unk> & broad land development venture limited partnership ___
<unk> & broad a home building company declined to identify ___
the land to be purchased by the joint venture has ___
the partnership runs the risk that it may not get ___
there are really very few companies that have adequate capital ___
typically developers option property and then once they get the ___
by setting up the joint venture <unk> & broad can ___
the company is putting up only N N of the ___
this is one of the best ways to assure a ___
when the price of plastics took off in N quantum ___
the timing of quantum 's chief executive officer john <unk> ___
the company <unk> much of the chemical industry as annual ___
mr. <unk> said of the boom it 's going to ___
but now prices have <unk> and quantum 's profit is ___
some securities analysts are looking for no better than break-even ___
the stock having lost nearly a quarter of its value ___
to a degree quantum represents the new times that have ___
having just passed through one of the most profitable periods ___
pricing cycles to be sure are nothing new for plastics ___
and the financial decline of some looks steep only in ___
we were all wonderful heroes last year says an executive ___
at quantum which is based in new york the trouble ___
once known as national <unk> & chemical corp. the company ___
mr. <unk> N years old declined to be interviewed for ___
quantum 's lot is mostly tied to polyethylene <unk> used ___
in the u.s. polyethylene market quantum has claimed the largest ___
but its competitors including dow chemical co. union carbide corp. ___
when the price of polyethylene moves a mere penny a ___
in recent months the price of polyethylene even more than ___
benchmark grades which still sold for as much as N ___
meanwhile the price of <unk> the chemical building block of ___
that <unk> <unk> quantum badly because its own plants cover ___
by many accounts an early hint of a price rout ___
china which had been putting in huge orders for polyethylene ___
<unk> that excess polyethylene would soon be <unk> around the ___
kenneth mitchell director of dow 's polyethylene business says producers ___
they recently announced increases of a few cents a pound ___
no one knows however whether the new posted prices will ___
one <unk> is george <unk> a <unk> analyst at oppenheimer ___
noting others ' estimates of when price increases can be ___
he argues that efforts to firm up prices will be ___
a quick turnaround is crucial to quantum because its cash ___
the company is trying to carry out a three-year $ ___
at the same time its annual payments on long-term debt ___
quantum described the payout at the time as a way ___
some analysts saw the payment as an effort also to ___
whether a cash crunch might eventually force the company to ___
some viewed his response that company directors review the dividend ___
but others came away thinking he had given something less ___
in any case on the day of the meeting quantum ___
on top of everything else quantum <unk> a disaster at ___
after an explosion <unk> the plant in june the company ___
this human toll adds the most painful <unk> yet to ___
until this year the company had been steadily lowering its ___
a prolonged production halt at the plant could introduce another ___
when a plant has just been running flat out to ___
but the numbers become <unk> and subject to <unk> between ___
you say you could have sold x percent of this ___
quantum hopes the morris plant where limited production got under ___
the plant usually accounts for N N to N N ___
the plant expansion should strengthen the company 's <unk> in ___
by lifting <unk> production the expansion will also lower the ___
quantum is also tightening its grip on its one large ___
through a venture with its investment banker first boston corp. ___
some analysts speculate the weakening stock may yet attract a ___
the name <unk> in rumors is british petroleum co. which ___
asked about a bid for quantum a <unk> spokesman says ___
rjr nabisco inc. is <unk> its division responsible for buying ___
a spokesman for the new york-based food and tobacco giant ___
the spokesman said rjr is discussing its <unk> plans with ___
we found with the size of our media purchases that ___
an executive close to the company said rjr is spending ___
the spokesman said the broadcast unit will be <unk> dec. ___
the broadcast group had been based in new york until ___
one employee with the group said rjr moved N employees ___
he said the company hired three more buyers for the ___
the rjr spokesman said the company moved the N employees ___
the studies on closing the unit could n't be completed ___
the group 's president peter <unk> was n't in his ___
the u.s. which is <unk> its <unk> quotas is <unk> ___
meanwhile the u.s. has negotiated a significant cut in japan ___
brazil similar to mexico and south korea is expected to ___
brazil and venezuela are the only two countries that have ___
in recent years u.s. steelmakers have supplied about N N ___
of the remaining N N needed the <unk> negotiations <unk> ___
other countries that do n't have formal steel quotas with ___
some of these countries have in recent years made informal ___
the bush administration earlier this year said it would extend ___
it also said it would use that <unk> year period ___
the u.s. termed its plan a trade <unk> program despite ___
mexico which was one of the first countries to conclude ___
south korea which had N N under the previous quotas ___
that increase rises to slightly more than N N of ___
meanwhile brazil is expected to increase its allowance from the ___
the ec and japan the u.s. 's largest steel suppliers ___
the ec steel industry which has been coping with strong ___
japan has been shipping steel to total about N N ___
in the recent talks the ec had its quota increased ___
but its quota has been as high as N N ___
japan however has agreed to cut its quota to about ___
japan the ec brazil mexico and south korea provide about ___
the balance is supplied by a host of smaller exporters ___
the u.s. had about an extra N N of the ___
that was essentially made up of a N N increase ___
negotiators from the white house trade office will repeat these ___
these <unk> <unk> increases to the steel quota program are ___
<unk> inc. expects fiscal second-quarter earnings to trail N results ___
<unk> a telecommunications company had net income of $ N ___
george <unk> chairman and chief executive officer said in an ___
the lower results mr. <unk> said reflect a 12-month decline ___
although mr. <unk> expects that line of business to strengthen ___
<unk> among those is the company 's <unk> into the ___
within the next year <unk> expects to place N fax ___
<unk> will provide a credit-card reader for the machines to ___
mr. <unk> said <unk> should realize a minimum of $ ___
<unk> has also developed an automatic call <unk> that will ___
automatic call processors will provide that system for virtually any ___
the company will also be producing a new line of ___
mr. <unk> estimated that the processors and convenience phones would ___
britain 's retail price index rose N N in september ___
<unk> medical inc. said it adopted a shareholders ' rights ___
the company said the plan was n't adopted in response ___
the rights allow shareholders to purchase <unk> stock at a ___
measuring <unk> may soon be replaced by <unk> in the ___
procter & gamble co. plans to begin testing next month ___
the move stems from <unk> learned in japan where local ___
it also marks p&g 's growing concern that its japanese ___
the cincinnati consumer-products giant got clobbered two years ago in ___
they do n't want to get caught again says one ___
retailers in phoenix ariz. say p&g 's new <unk> detergent ___
a p&g spokeswoman confirmed that shipments to phoenix started late ___
she said the company will study results from this market ___
the company introduced a <unk> <unk> <unk> in japan after ___
when attack hit the shelves in N p&g 's share ___
with the help of <unk> <unk> p&g 's share is ___
while the japanese have embraced the compact packaging and convenience ___
the company may have chosen to market the product under ___
with <unk> however it is n't always easy to persuade ___
in the early 1980s p&g tried to launch here a ___
but the product which was n't as concentrated as the ___
p&g and others also have tried repeatedly to hook consumers ___
but p&g contends the new <unk> is a unique formula ___
and retailers are expected to <unk> the product in part ___
when shelf space was cheap bigger was better says <unk> ___
but with so many brands <unk> for space that 's ___
if the new <unk> sells well the trend toward smaller ___
then retailers will probably push the <unk> brands out altogether ___
competition is bound to get tougher if <unk> <unk> a ___
to be sure <unk> would n't have an easy time ___
<unk> officials previously have said they are interested in selling ___
some believe p&g 's interest in a <unk> detergent goes ___
this is something p&g would do with or without <unk> ___
with economic tension between the u.s. and japan worsening many ___
they expected a new <unk> of demands that japan do ___
instead they got a discussion of the need for the ___
mrs. hills ' first trip to japan as america 's ___
mr. mosbacher called for concrete results by next spring in ___
he said such results should be <unk> in dollars and ___
but mrs. hills speaking at a breakfast meeting of the ___
she added that she expected perhaps to have a down ___
how such remarks translate into policy wo n't become clear ___
american and japanese officials offered several theories for the difference ___
others said the bush administration may feel the rhetoric on ___
and some said it reflected the growing debate in washington ___
asked to compare her visit to mr. mosbacher 's mrs. ___
yet more than one american official who sat in with ___
i think my line has been very consistent mrs. hills ___
i am painted sometimes as <unk> perhaps because i have ___
i feel committed to the program of opening markets and ___
when she met the local press for the first time ___
she <unk> <unk> business practices that the u.s. government has ___
but her main thrust was to promote the importance of ___
she said the trade <unk> was mainly due to <unk> ___
at her news conference for japanese reporters one economics journalist ___
my impression was that you would be a scary old ___
but i am relieved to see that you are beautiful ___
mrs. hills ' remarks did raise questions at least among ___
the u.s. share of the japanese market has been stuck ___
many americans have interpreted a N agreement as <unk> u.s. ___
at one of her news conferences mrs. hills said i ___
i will not enter into an agreement that <unk> to ___
traditional industries inc. said it expects to report a net ___
the seller of photographic products and services said it is ___
traditional declined to estimate the amount of the loss and ___
in the year ended june N N traditional reported net ___
in the latest nine months net income was $ N ___
separately the company said it would file a delayed <unk> ___
it said the delay resulted from difficulties in <unk> its ___
under an agreement filed in federal court in august to ___
information international inc. said it was sued by a buyer ___
a spokesman for information international said the lawsuit by two ___
information international said it believes that the complaints filed in ___
the units that filed the suit are <unk> newspapers corp. ___
<unk> corp. completed the sale of its a. <unk> & ___
as <unk> 's core business of <unk> retailing grows a ___
a spokeswoman said <unk> operates a total of seven stores ___
the oil industry 's <unk> profits could <unk> through the ___
major oil companies in the next few days are expected ___
the gasoline picture may improve this quarter but chemicals are ___
the industry is seeing a softening somewhat in volume and ___
that change will obviously impact third and fourth quarter earnings ___
but securities analysts say phillips will be among the companies ___
so too many analysts predict will exxon corp. chevron corp. ___
typical is what happened to the price of <unk> a ___
it has plunged N N since july to around N ___
a year ago <unk> sold for N cents <unk> at ___
beginning in <unk> prices began accelerating as a growing u.s. ___
now greatly increased supplies are on the market while the ___
refining margins were so good in the third quarter of ___
oil company refineries ran flat out to prepare for a ___
in addition crude oil prices were up some from a ___
refiners say margins picked up in september and many industry ___
during the N second half many companies posted record gasoline ___
crude oil production may turn out to be the most ___
prices averaging roughly $ N a barrel higher in the ___
demand has been much stronger than anticipated and it typically ___
we could see higher oil prices this year said <unk> ___
that will translate into sharply higher production profits particularly compared ___
while oil prices have been better than expected natural gas ___
in the third quarter they averaged about N N less ___
last summer was notable for a heat wave and drought ___
this summer on the other hand had <unk> weather than ___
we 've been very disappointed in the performance of natural ___
the lagging gas price is not going to assist fourth ___
going into the fourth quarter natural gas prices are anywhere ___
for instance natural gas currently produced along the gulf coast ___
the bush administration trying to blunt growing demands from western ___
most of the western european members of <unk> committee on ___
they plan to press specifically for a <unk> of rules ___
but the bush administration says it wants to see evidence ___
to make its point it is challenging the italian government ___
the london sunday times which first reported the u.s. concerns ___
a state department spokesman acknowledged that the u.s. is discussing ___
italian president <unk> <unk> promised a quick investigation into whether ___
president bush called his attention to the matter during the ___
olivetti has denied that it violated cocom rules <unk> that ___
although the <unk> of these sales is still an open ___
it seems to me that a story like this breaks ___
the bush administration has sent <unk> signals about its <unk> ___
last summer mr. bush moved the administration in the direction ___
but more recently the pentagon and the commerce department openly ___
however these agencies generally agree that the west should be ___
there 's no evidence that the soviet program to illegally ___
salomon brothers international ltd. a british subsidiary of salomon inc. ___
the move closely follows a similar offer by salomon of ___
under the latest offer hk$ N million us$ N million ___
the N million warrants will be priced at hk$ N ___
in trading on the stock exchange of hong kong the ___
at this price the shares would have to rise above ___
while hong kong companies have in the past issued warrants ___
salomon will cover the warrants by buying sufficient shares or ___
bankers said warrants for hong kong stocks are attractive because ___
the hong kong telecommunications warrants should be attractive to buyers ___
financial corp. of santa barbara filed suit against former stock ___
in a suit filed in federal court thursday the s&l ___
financial corp. purchased the bonds the suit alleged after mr. ___
<unk> hotels was controlled by mr. boesky who currently is ___
officials at drexel said they had n't seen the suit ___
in addition to $ N million <unk> damages the suit ___
also named in the suit is ivan f. boesky corp. ___
financial corp. said it agreed to buy the bonds after ___
shortly before the visit mr. boesky and drexel <unk> had ___
financial corp. purchased the bonds in at least N different ___
ideal basic industries inc. said its directors reached an agreement ___
<unk> the north american holding company of swiss concern <unk> ___
but <unk> 's first offer would have given ideal 's ___
ideal 's directors rejected that offer although they said they ___
under the agreement <unk> will own N N of the ___
ideal 's current operations will represent about N N of ___
the transaction is subject to a definitive agreement and approval ___
ideal said it expects to complete the transaction early next ___
while corn and soybean prices have slumped well below their ___
and they 're likely to stay that way for months ___
for one thing even with many farmers <unk> more winter ___
and if rain does n't fall soon across many of ___
also supporting prices are expectations that the soviet union will ___
by next may N stocks of u.s. wheat to be ___
stocks were N million <unk> on may N of this ___
in response to <unk> domestic supplies agriculture secretary <unk> <unk> ___
the government estimates that the new plan will boost production ___
it now estimates production for next year at just under ___
but the full effect on prices of the winter wheat ___
until then limited stocks are likely to keep prices near ___
on the chicago board of trade friday wheat for december ___
in theory at least tight supplies next spring could leave ___
such a situation can <unk> havoc as was shown by ___
in july the <unk> ordered <unk> <unk> s.p a. to ___
the exchange said it feared that some members would n't ___
<unk> has denied it was trying to manipulate the soybean ___
<unk> hot dry weather across large portions of the great ___
for example in the oklahoma <unk> N N or more ___
that figure <unk> to about N N in <unk> portions ___
the soviet union has n't given any clear indication of ___
wheat prices will increasingly <unk> off of soviet demand in ___
orange <unk> traders will be watching to see how long ___
late thursday after the close of trading the market received ___
it was near the low range of estimates at N ___
however as expected brazil waited for the crop estimate to ___
friday 's <unk> selling of futures contracts erased whatever supportive ___
it settled with a loss of N cents at $ ___
brazilian <unk> after a delay caused by drought at the ___
brazil wants to stimulate demand for its product which is ___
the price cut one analyst said appeared to be aimed ___
it 's a <unk> product and the strong dollar has ___
new york futures prices have dropped significantly from more than ___
barring a cold <unk> or other crop problems in the ___
although some analysts look for profit-taking in the wake of ___
i would continue to look for a stable crude market ___
friday capped a week of steadily rising crude oil prices ___
on the new york mercantile exchange west texas intermediate crude ___
on european markets meanwhile spot prices of north sea <unk> ___
this market still wants to go higher said <unk> <unk> ___
he predicted that the november contract will reach $ N ___
there has been little news to account for such <unk> ___
analysts generally cite a lack of bearish developments as well ___
there also are <unk> reports that the soviet union is ___
many traders <unk> a tightening of near-term supplies particularly of ___
if a hostile <unk> emerges for saatchi & saatchi co. ___
financing for any takeover attempt may be <unk> in the ___
but the beleaguered british advertising and consulting giant which last ___
last week saatchi 's largest shareholder <unk> asset management said ___
and carl spielvogel chief executive officer of saatchi 's big ___
the executive close to saatchi & saatchi said that if ___
but otherwise it would undoubtedly come back with an offer ___
the executive said any buy-out would be led by the ___
mr. spielvogel is n't part of the board nor are ___
the executive did n't name any price but securities analysts ___
the executive denied speculation that saatchi was bringing in the ___
that speculation <unk> friday as industry executives <unk> the appointment ___
mr. <unk> formerly chief executive of the pharmaceutical research firm ___
asked about the speculation that mr. <unk> has been hired ___
separately several saatchi agency clients said they believe the company ___
it has n't had any impact on us nor do ___
john <unk> director of advertising at painewebber inc. a saatchi ___
we are n't going to change agencies because of a ___
executives at backer spielvogel client <unk> inc. as well as ___
executives at prudential-bache securities inc. a backer spielvogel client that ___
mr. spielvogel had said that prudential-bache was prepared to finance ___
california 's <unk> federal bank awarded its $ N million ___
the account was previously handled by davis ball & <unk> ___
royal crown <unk> co. has ended its relationship with the ___
the account had billed about $ N million in N ___
as expected young & rubicam inc. along with two senior ___
the government has charged that they <unk> <unk> officials to ___
a spokesman for the u.s. attorney 's office said <unk> ___
the <unk> group and bozell inc. agreed to establish a ___
bozell <unk> corp. as the new agency will be called ___
<unk> already owns korea first advertising co. that country 's ___
bozell joins backer spielvogel bates and ogilvy group as u.s. ___
citing a payment from a supplier and strong sales of ___
the maker of <unk> products said net income rose to ___
<unk> said its results were boosted by $ N million ___
<unk> said effects from <unk> the line may have a ___
a spokeswoman would n't elaborate but the company said the ___
<unk> <unk> benefited from robust sales of products that store ___
in the fiscal first half net was $ N million ___
robert g. <unk> N years old was elected a director ___
he retired as senior vice president finance and administration and ___
southmark corp. said that it filed part of its <unk> ___
the real estate and thrift concern operating under bankruptcy-law proceedings ___
the company asked for a <unk> extension sept. N when ___
southmark said it plans to <unk> its <unk> to provide ___
alan <unk> N years old was named chairman of this ___
mr. field also had been chairman of <unk> corp. resigning ___
mr. <unk> is executive vice president and chief financial officer ___
pcs also named <unk> r. <unk> N executive vice president ___
messrs. <unk> and <unk> are directors of <unk> which has ___
<unk> products inc. said a u.s. district court in boston ___
<unk> based in <unk> sweden had charged in a lawsuit ___
the patent is related to <unk> acid a <unk> extract ___
in its lawsuit <unk> is seeking unspecified damages and a ___
a <unk> spokesman said the products contribute about a third ___
in the year ended aug. N N <unk> earned $ ___
<unk> said the court 's ruling was issued as part ___
it said it is considering all of its options in ___
the <unk> company added that it plans to <unk> its ___
<unk> said that the court scheduled a conference for next ___
newspaper publishers are reporting mixed third-quarter results aided by favorable ___
adding to <unk> in the industry seasonal retail ad spending ___
in new york the <unk> teller and b. altman & ___
many papers throughout the country are also faced with a ___
until recently industry analysts believed <unk> in retail ad spending ___
all bets are off analysts say because of the shifting ___
improved paper prices will help offset weakness in <unk> but ___
for instance <unk> co. posted an N N gain in ___
<unk> 's N daily and N <unk> newspapers reported a ___
total advertising <unk> was modestly lower as <unk> volume increased ___
at usa today ad pages totaled N for the quarter ___
while usa today 's total paid ad pages for the ___
in the nine months <unk> 's net rose N N ___
revenue gained N N to $ N billion from $ ___
at dow jones & co. third-quarter net income fell N ___
net fell to $ N million or N cents a ___
the year-earlier period included a one-time gain of $ N ___
revenue gained N N to $ N million from $ ___
the drop in profit reflected in part continued softness in ___
ad <unk> at the journal fell N N in the ___
the publisher of the boston globe reported net of $ ___
william o. taylor the parent 's chairman and chief executive ___
third-quarter profit estimates for several companies are being strongly affected ___
after a supply crunch caused prices to rise N N ___
companies with daily newspapers in the northeast will need the ___
mr. <unk> at salomon brothers said he estimates that times ___
trouble on the east coast was likely offset by improved ___
new york times co. is expected to report lower earnings ___
times co. 's regional daily newspapers are holding up well ___
washington post co. is expected to report improved earnings largely ___
according to analysts profits were also helped by successful cost-cutting ___
the <unk> has faced heightened competition from rival time magazine ___
knight-ridder inc. is faced with continued uncertainty over the pending ___
however analysts point to positive advertising spending at several of ___
the miami market is coming back strong after a tough ___
general motors corp. in a series of moves that angered ___
in announcements to workers late last week gm effectively signed ___
gm is under intense pressure to close factories that became ___
the company currently using about N N of its north ___
just a month ago gm announced it would make an ___
now gm appears to be stepping up the pace of ___
one reason is mounting competition from new japanese car plants ___
another is that united auto workers union officials have signaled ___
gm officials want to get their strategy to reduce capacity ___
the problem however is that gm 's moves are coming ___
against that backdrop <unk> vice president stephen p. <unk> who ___
the auto maker 's decision to let word of the ___
gm officials told workers late last week of the following ___
that means two plants one in <unk> ontario and the ___
the <unk> will idle about N canadian assembly workers and ___
robert white canadian auto workers union president used the impending ___
but canadian auto workers may benefit from a separate gm ___
workers at plants in van <unk> calif. oklahoma city and ___
gm is studying whether it can build the new <unk> ___
that announcement left union officials in van <unk> and oklahoma ___
the van <unk> plant which employs about N workers does ___
jerry <unk> <unk> local president said the facility was asked ___
at the oklahoma city plant which employs about N workers ___
he said he believes gm has plans to keep building ___
at <unk> however the <unk> decision appears to <unk> <unk> ___
the <unk> plant was viewed as a model of <unk> ___
dissident <unk> members have used the <unk> plant as a ___
<unk> merieux s.a. of france said the canadian government raised ___
merieux said the government 's minister of industry science and ___
canadian investment rules require that big foreign takeovers meet that ___
the french company said the government gave it N days ___
both merieux and connaught are biotechnology research and vaccine manufacturing ___
alan <unk> executive vice president of investment canada which oversees ___
he said it has reached the same conclusions about some ___
this is n't a change in government policy this provision ___
mr. <unk> issued the ruling based on a recommendation by ___
spokesmen for merieux and connaught said they had n't been ___
investment canada declined to comment on the reasons for the ___
<unk> mehta a partner with mehta & <unk> a new ___
this has become a very <unk> deal concerning canada 's ___
mr. mehta said the move that could allow the transaction ___
the university is seeking to block the acquisition of connaught ___
while neither side will disclose its <unk> mr. mehta expects ___
some analysts such as murray <unk> of toronto-based <unk> <unk> ___
officials for the two concerns which are bidding c$ N ___
<unk> international inc. said it canceled plans for a <unk> ___
the company said it planned to offer an <unk> number ___
<unk> said market conditions led to the cancellation of the ___
the <unk> concern said however that in january N it ___
<unk> suspended its <unk> payment in october N and said ___
additionally the company said it filed with the securities and ___
the company said salomon brothers inc. and howard weil <unk> ___
earnings for most of the nation 's major pharmaceutical makers ___
for the third consecutive quarter however most of the companies ___
analysts said that merck & co. eli lilly & co. ___
less robust earnings at pfizer inc. and upjohn co. were ___
joseph <unk> an analyst with bear stearns & co. said ___
as a result major new products are having significant impact ___
analysts said profit for the dozen or so big drug ___
while that 's not spectacular neil <unk> an analyst with ___
mr. <unk> estimated that merck 's profit for the quarter ___
profit climbed even though merck 's sales were reduced by ___
in the third quarter of N merck earned $ N ___
in <unk> n.j. a merck spokesman said the company does ___
mr. <unk> said he estimated that lilly 's earnings for ___
the drug introduced last year is expected to generate sales ___
it 's turning out to be a real blockbuster mr. ___
in last year 's third quarter lilly earned $ N ___
several analysts said they expected warner-lambert 's profit also to ___
the company is praised by analysts for sharply lowering its ___
the company 's lean operation analysts said allowed <unk> sales ___
<unk> sales are expected to be about $ N million ___
in morris plains n.j. a spokesman for the company said ___
squibb 's profit estimated by analysts to be about N ___
the company was officially merged with bristol-myers co. earlier this ___
mr. <unk> of bear stearns said that schering-plough corp. 's ___
<unk> earned $ N million or N cents a share ___
in madison n.j. a spokesman for schering-plough said the company ___
the company expects to achieve the N N increase in ___
meanwhile analysts said pfizer 's recent string of lackluster quarterly ___
sales of pfizer 's important drugs <unk> for treating <unk> ___
the strong dollar hurt pfizer a lot too mr. <unk> ___
in the third quarter last year pfizer earned $ N ___
analysts said they expected upjohn 's profit to be flat ___
upjohn 's <unk> drugs are <unk> a <unk> and <unk> ___
sales of both drugs have been hurt by new state ___
also the company 's <unk> drug <unk> is selling well ___
amid a crowd of <unk> stocks <unk> technology inc. 's ___
the <unk> software company said it expects a $ N ___
it said analysts had been expecting a small profit for ___
revenue is expected to be up modestly from the $ ___
<unk> technology reported net income of $ N million or ___
while our international operations showed strong growth our domestic business ___
a spokesman said the company 's first quarter is historically ___
mr. <unk> said he accepted the resignation of thomas wilson ___
the company said mr. wilson 's resignation was n't related ___
<unk> technology went public in may N at $ N ___
it fell $ N a share friday to $ N ___
its high for the past year was $ N a ___
in the previous quarter the company earned $ N million ___
the bronx has a wonderful <unk> garden a great <unk> ___
however most people having been <unk> to news <unk> of ___
but <unk> <unk> 's bronx her <unk> bronx of the ___
in a lovely <unk> <unk> sleeping arrangements <unk> N pages ___
ms. <unk> a novelist and playwright has a vivid and ___
she <unk> her bronx of the <unk> a place where ___
in the <unk> bronx jewish <unk> people lived in <unk> ___
for ms. <unk> the architectural <unk> matched the <unk> she ___
<unk> and funny but never mean she 's a <unk> ___
little <unk> as ms. <unk> calls herself in the book ___
she was raised for the first eight years by her ___
<unk> <unk> this man who may or may not have ___
<unk> died young and <unk> has remembered her as a ___
the games bronx children played holding kids down and <unk> ___
without official knowledge of sex or death we <unk> with ___
her friend susan whose parents kept <unk> her she was ___
her friend <unk> 's father was a professional thief they ___
maybe <unk> became so <unk> with where people <unk> and ___
when <unk> died her <unk> moved in and let her ___
they painted the apartment orange <unk> and white according to ___
with <unk> detail she recalls her uncle <unk> an orthodox ___
<unk> 's <unk> no <unk> baker <unk> the heads of ___
the book loses some momentum toward the end when <unk> ___
for the most part though there 's much pleasure in ___
the bronx also figures in bruce jay <unk> 's latest ___
but both the past and present <unk> of the current ___
for his sixth novel mr. <unk> tried to <unk> the ___
harry is now a <unk> writer whose continuing <unk> with ___
harry <unk> <unk> the old days of the early <unk> ___
line by line mr. <unk> 's <unk> <unk> can be ___
harry has avoided all that by living in a long ___
but it does n't take too many lines to figure ___
gulf resources & chemical corp. said it agreed to pay ___
in N the epa notified gulf resources which was a ___
the <unk> area is <unk> with lead <unk> and other ___
gulf resources earlier this year proposed a reorganization plan that ___
the company said that as part of its agreement with ___
the company which issued a statement on the agreement late ___
the agreement and consent <unk> are subject to court approval ___
gulf resources added that it will seek to recover equitable ___
under the agreement gulf must give the u.s. government N ___
the company 's net worth can not fall below $ ___
the terms of that agreement only become effective the date ___
in addition gulf must give the government N days ' ___
gulf 's net worth after those transaction must be at ___
separately the company said it expects to hold a special ___
many of the nation 's <unk> executives <unk> friday 's ___
assuming that the market does n't head into a <unk> ___
this is a reaction to <unk> lbo <unk> rather than ___
if we get rid of a lot of that nonsense ___
a few of the executives here for the fall meeting ___
people wish the government would do something about leveraged buy-outs ___
the executives were <unk> <unk> by the plunge even though ___
i 'm not going to worry about one day 's ___
i did n't bother calling anybody i did n't even ___
there has n't been any fundamental change in the economy ___
the fact that this happened two years ago and there ___
of course established corporate <unk> often tend to <unk> the ___
indeed one chief executive who was downright <unk> by friday ___
asked whether friday 's action could help him avoid being ___
on friday morning before the market 's sell-off the business ___
of the N economists who worked on the business council ___
the real estate slump that 's pushing down the price ___
in manhattan <unk> store sites sit vacant and newly constructed ___
retail real estate brokers say tenants are reluctant to sign ___
there is an <unk> amount of space available says faith ___
there are about N stores for rent up from a ___
they wonder should they sign a lease if prices are ___
in addition ms. <unk> says tenants usually can negotiate to ___
a handful of hot retail locations such as the <unk> ___
but on average manhattan retail <unk> have dropped N N ___
that follows a more <unk> decline in the prior six ___
the same factors limiting demand for office space have affected ___
as businesses contract or <unk> the number of employees who ___
he says financial problems <unk> electronics fur and furniture companies ___
hardest hit are what he calls secondary sites that primarily ___
in these locations mr. <unk> says retailers are increasingly cautious ___
weakness in the restaurant industry which is leaving retail space ___
it is also no comfort to <unk> and small new ___
hooker corp. parent of <unk> teller and b. altman 's ___
the trend toward lower <unk> may seem surprising given that ___
but despite the recent softening for many of these retailers ___
certainly the recent drop in prices does n't mean manhattan ___
new york retail <unk> still run well above the going ___
madison and fifth <unk> and east <unk> street can command ___
the thriving <unk> street area offers <unk> of about $ ___
by contrast <unk> in the best retail locations in boston ___
and <unk> on beverly hills ' <unk> drive generally do ___
the new york stock exchange said two securities will begin ___
precision <unk> corp. <unk> ore. will begin trading with the ___
royal bank of scotland group plc an <unk> scotland financial ___
it will continue to trade on the international stock exchange ___
aim telephones inc. a <unk> n.j. telecommunications equipment supply company ___
the national market system of the nasdaq over-the-counter market listed ___
employee benefit plans inc. a minneapolis health-care services company was ___
when justice william <unk> marks the start of his <unk> ___
for the first time the <unk> justice finds his influence ___
this role reversal holds true as well for his three ___
but are these four players three of them in their ___
every indication is that the four are prepared to accept ___
justices <unk> and stevens appear <unk> about it justices marshall ___
the four justices are no newcomers to dissent often joining ___
but always in years past they have <unk> the trend ___
now however as the court 's new <unk> conservative majority ___
the change is most dramatic for justice <unk> the last ___
in the seven supreme court terms from the fall of ___
last term alone he cast N <unk> votes in N ___
but justice <unk> <unk> his new role strongly defending the ___
each time the court <unk> an issue the justices will ___
moreover in recent months he has said that when he ___
he has said that he now knows how justice john ___
associates of <unk> justice marshall say he was depressed about ___
we could sweep it under the <unk> and hide it ___
he like justice <unk> considers <unk> highly important for the ___
harvard law school professor laurence tribe says there is a ___
the <unk> in the warren court he says appeared to ___
<unk> and marshall are speaking in their <unk> to a ___
justice <unk> who will turn N next month also seems ___
associates say he takes some <unk> more personally than his ___
friends and associates who saw justice <unk> during the summer ___
but his level of frustration showed in a recent <unk> ___
he concluded his remarks by <unk> <unk> and at some ___
justice stevens N is probably the most <unk> of the ___
if the role these four <unk> are assuming is a ___
the <unk> of the warren court were often defending a ___
the government sold the deposits of four savings-and-loan institutions in ___
the four s&ls were sold to large banks as was ___
two of the four big thrifts were sold to ncnb ___
a canadian bank bought another thrift in the first rtc ___
under these deals the rtc sells just the deposits and ___
these <unk> transactions leave the bulk of bad assets mostly ___
in these four for instance the rtc is stuck with ___
<unk> paid premiums ranging from N N to N N ___
the buyers will also be locked into deposit rates for ___
after that the buyers may <unk> the rates paid by ___
but it 's uncertain whether these institutions will take those ___
ncnb for example has been one of the highest rate ___
the rtc had previously targeted five thrifts for quick sales ___
these thrifts are <unk> <unk> said <unk> <unk> an industry ___
for example the delay in selling people 's heritage savings ___
ncnb will acquire university federal savings association houston which had ___
ncnb texas national bank will pay the rtc a premium ___
as a measure of the <unk> to which the texas ___
ncnb also acquired freedom savings & loan association tampa fla. ___
ncnb will pay the rtc a premium of $ N ___
ncnb will also acquire $ N million of freedom 's ___
meridian bancorp inc. reading pa. will acquire hill financial savings ___
meridian will pay a premium of $ N million to ___
it will also purchase $ N million of the thrift ___
in the first rtc transaction with a foreign buyer royal ___
royal <unk> will pay the rtc $ N million to ___
it will also purchase $ N million in assets and ___
the following issues were recently filed with the securities and ___
american <unk> co. offering of N common shares via merrill ___
limited inc. offering of up to $ N million of ___
<unk> california performance plus municipal fund inc. initial offering of ___
<unk> health systems inc. proposed offering of N million common ___
<unk> inc. offering of one million new shares of common ___
trans world airlines inc. offering of $ N million senior ___
time magazine in a move to reduce the costs of ___
in an announcement to its staff last week executives at ___
in a related development the <unk> for the fourth year ___
however because the guaranteed circulation base is being lowered ad ___
time is following the course of some other <unk> magazines ___
in recent years reader 's digest new york times co. ___
deep discounts in <unk> and offers of free <unk> <unk> ___
but time as part of the more <unk> time warner ___
besides time executives think selling a news magazine with a ___
time magazine executives predictably <unk> the circulation cut as a ___
what we are doing is <unk> out the readers who ___
however time executives used the same explanation when in october ___
and time 's paid circulation according to audit bureau of ___
it 's <unk> for advertisers to know the reader will ___
it 's not a show of weakness they are improving ___
mr. <unk> said the changes represent a new focus in ___
the question is how much are we getting from each ___
time 's rivals <unk> washington post co. 's newsweek and ___
both magazines are expected to announce their ad rates and ___
when the news broke of an attempted coup in panama ___
that shows how far ted turner 's cable news network ___
it is bigger faster and more profitable than the news ___
its niche as the network of record during major crises ___
although <unk> <unk> when big news breaks it <unk> during ___
<unk> executives worry that the network 's <unk> but <unk> ___
just the fact we 're on N hours is no ___
so <unk> a unit of atlanta-based turner broadcasting system inc. ___
tonight to kick off the effort <unk> will premiere its ___
the show will be <unk> by bernard shaw and <unk> ___
the new show is perhaps the <unk> in a number ___
to <unk> itself <unk> is also expanding international coverage and ___
it is paying higher salaries after years of <unk> to ___
and it is <unk> on an expensive gamble to break ___
the next stage is to get beyond the opinion leaders ___
networks like other consumer products develop images in peoples ' ___
it also takes money that <unk> has been reluctant to ___
and the cable-tv operators <unk> 's distributors and part owners ___
the <unk> bid is aimed at <unk> 's <unk> <unk> ___
already <unk> is facing stronger competition from financial news network ___
in addition many cable-tv systems themselves are airing more local ___
its watchers are on the whole a <unk> group of ___
that 's less than one-third the time that viewers watch ___
the brief attention viewers give <unk> could put it at ___
its strategy in the past has been to serve as ___
it focused on building up its news bureaus around the ___
it filled its daily schedule with <unk> called <unk> <unk> ___
our goal is to create more programs with an individual ___
<unk> <unk> is adding a <unk> show in the morning ___
and it is exploring other original programs similar to its ___
then there 's the world today the prime-time <unk> featuring ___
until now <unk> has featured its hollywood <unk> show during ___
but N N of the <unk> households that watch news ___
mr. <unk> says the <unk> team will probably do two ___
i find it hard to <unk> of people switching over ___
the evening news is also slated as <unk> 's stage ___
in august the network hired <unk> producer <unk> hill the ___
she 's <unk> a staff of about N <unk> reporters ___
<unk> executives hope the <unk> created by such <unk> will ___
that 's such a departure from the past that many ___
they 've never shown any <unk> to spend money on ___
the network 's salaries have always ranged far below industry ___
<unk> recently gave most employees raises of as much as ___
says mr. <unk> <unk> is my wire service they 're ___
but to improve they 've really got to make the ___
in any case <unk> operators have reason to fear any ___
they market cable-tv on the very <unk> opportunities <unk> seeks ___
we would obviously be upset if those kinds of services ___
the second u.s. circuit court of appeals opinion in the ___
the fundamental rule of contract law applied to both cases ___
in the <unk> litigation the courts found pennzoil and <unk> ___
but the outcome of a legal dispute almost always turns ___
and the facts as found by the various courts in ___
when you suggest otherwise you leave the <unk> of reporting ___
valley federal savings & loan association said imperial corp. of ___
the broken purchase appears as additional evidence of trouble at ___
the community reinvestment act requires savings and loan associations to ___
the transaction announced in august included about $ N million ___
terms were n't disclosed but valley federal had said it ___
valley federal said friday that it is considering whether to ___
valley federal with assets of $ N billion is based ___
imperial corp. based in san diego is the parent of ___
in the first six months of the year it posted ___
lawyers for dozens of insolvent savings and loan associations are ___
the thrifts ' lawyers claim that the suits <unk> N ___
though the argument may have a <unk> ring to it ___
still one federal appeals court has signaled it 's willing ___
the dismissal of the pending suits could go a long ___
the s&l lawyers were encouraged last month by an <unk> ___
<unk> and the <unk> argued to the fifth u.s. circuit ___
if true the court wrote this <unk> would justify dismissal ___
but the court said it lacked enough financial information about ___
charles <unk> a lawyer for <unk> says he plans to ___
this institution is just brain dead says mr. <unk> a ___
but a lawyer for <unk> investment group the developer of ___
attorney richard jackson of dallas says a judgment for <unk> ___
we 're asking the court for a number of things ___
we 'd take the valley ranch free and clear as ___
kenneth j. <unk> who was named president of this thrift ___
mr. <unk> said he had planned to travel between the ___
south africa freed the anc 's sisulu and seven other ___
thousands of supporters many <unk> flags of the outlawed african ___
most of those freed had spent at least N years ___
the <unk> sisulu sentenced to life in N along with ___
the releases announced last week by president de <unk> were ___
<unk> considered the most prominent leader of the anc remains ___
but his release within the next few months is widely ___
the soviet union reported that thousands of tons of goods ___
strikes and <unk> were cited and premier <unk> warned of ___
bush indicated there might be room for flexibility in a ___
he reiterated his opposition to such funding but expressed hope ___
the president at a news conference friday also renewed a ___
the white house said <unk> have n't any right to ___
the administration 's policy was stated in a <unk> brief ___
ten of the nation 's governors meanwhile called on the ___
the justice department announced that the fbi has been given ___
secretary of state baker emphasized friday that the new policy ___
nasa <unk> the space shuttle atlantis ready for launch tomorrow ___
the spacecraft 's five <unk> are to <unk> the galileo ___
south korea 's president roh traveled to the u.s. for ___
roh who is facing calls for the reduction of u.s. ___
china 's communist leadership voted to <unk> the party of ___
the decision reported by the official <unk> news agency indicated ___
hundreds of east germans <unk> to bonn 's embassy in ___
more than N others escaped to west germany through hungary ___
in leipzig activists vowed to continue street protests to demand ___
<unk> 's president <unk> met in southern france with <unk> ___
details of the talks described by a <unk> official as ___
plo leader arafat insisted on guarantees that any elections in ___
in the occupied <unk> underground leaders of the arab <unk> ___
<unk> christian lawmakers presented to arab <unk> at talks in ___
a plan currently under study gives <unk> two years to ___
hurricane jerry threatened to combine with the highest <unk> of ___
thousands of residents of <unk> areas were ordered to <unk> ___
a group of arby 's franchisees said they formed an ___
the decision is the latest move in an <unk> battle ___
at the time a group called <unk> partners ltd. consisting ___
one week later leonard h. roberts president and chief executive ___
friday N franchisees announced the formation of an association called ___
the franchisees owners or operators of N of the N ___
we support all efforts to remove victor posner from control ___
the group said it would consider among other things <unk> ___
in florida <unk> <unk> a senior vice president at <unk> ___
september 's steep rise in producer prices shows that inflation ___
after falling for three consecutive months the producer price index ___
although the report which was released before the stock market ___
analysts immediately viewed the price data the <unk> inflation news ___
further fueling the belief that pressures in the economy were ___
that rise came on top of a N N gain ___
i think the friday report combined with the actions of ___
but economists were divided over the extent of the inflation ___
the overall N N increase is serious in itself but ___
but sung won <unk> chief economist at <unk> corp. in ___
i would say this is not bad news this is ___
all year energy prices have <unk> the producer price index ___
inflation <unk> has fallen back from its <unk> pace last ___
energy prices then plummeted through the summer causing the index ___
overall the index has climbed at a N N compound ___
while far more <unk> than the pace at the beginning ___
moreover this year 's good inflation news may have ended ___
some analysts expect oil prices to remain relatively stable in ___
analysts had expected that the climb in oil prices last ___
i think the <unk> in inflation is going to continue ___
he predicted that inflation will moderate next year saying that ___
but <unk> van <unk> president of the national association of ___
if you examine the data carefully the increase is concentrated ___
passenger car prices jumped N N in september after climbing ___
many analysts said the september increase was a one-time event ___
although all the price data were adjusted for normal seasonal ___
prices for capital equipment rose a hefty N N in ___
food prices declined N N after climbing N N in ___
meanwhile the retail sales report showed that car sales rose ___
but at least part of the increase could have come ___
sales at general merchandise stores rose N N after declining ___
producer prices for intermediate goods grew N N in september ___
prices for crude goods an array of raw materials jumped ___
here are the labor department 's producer price indexes N ___
<unk> financial corp. said it expects to report a loss ___
in the year-earlier period <unk> had net income of $ ___
<unk> 's president and chief executive officer john <unk> said ___
he said nonperforming assets rose to slightly more than $ ___
approximately N N of the total <unk> of nonperforming commercial ___
<unk> <unk> estimated that it will provide between $ N ___
<unk> added that significant additional loan-loss provisions may be required ___
city federal operates N banking offices in new jersey and ___
mr. <unk> said <unk> will also mark its portfolio of ___
that action <unk> said will result in a charge against ___
<unk> also said it expects to shed its remaining mortgage ___
all these actions mr. <unk> said will result in a ___
he added however depending on the resolution of certain accounting ___
centrust savings bank said federal thrift regulators ordered it to ___
in a statement miami-based centrust said the regulators cited the ___
regulators also ordered centrust to stop buying back the preferred ___
david l. paul chairman and chief executive officer criticized the ___
he said the thrift will try to get regulators to ___
the suspension of a preferred stock dividend is a serious ___
in march regulators labeled centrust a troubled institution largely because ___
in the same month the office of thrift supervision ordered ___
for the nine months ended june N centrust had a ___
centrust which is florida 's largest thrift holds one of ___
since april it has <unk> its high-yield bond holdings to ___
mr. paul said only about $ N million of the ___
the remainder he said are commercial loan <unk> or private ___
centrust and regulators have been in a dispute over market ___
the office of thrift supervision has been <unk> centrust to ___
regulators have become increasingly <unk> about centrust 's and other ___
the legislation requires thrifts to <unk> themselves of junk bonds ___
in american stock exchange composite trading friday centrust common shares ___
in a statement friday mr. paul challenged the regulators ' ___
he also said substantial reserves have been set aside for ___
in the third quarter for instance centrust added $ N ___
mr. paul said the regulators should instead move ahead with ___
the branch sale is the centerpiece of centrust 's strategy ___
most analysts and thrift executives had expected a decision on ___
many interpret the delay as an indication that regulators are ___
branches and deposits can be sold at a premium in ___
centrust however <unk> the branch sale saying it would bring ___
it said the sale would give it positive tangible capital ___
centrust said the branch sale would also reduce the company ___
critics however say the branch sale will make centrust more ___
mr. paul <unk> that he intends to further <unk> the ___
the thrift is also working to unload its junk-bond portfolio ___
on a recent saturday night in the midst of west ___
but perhaps even more remarkable the <unk> <unk> <unk> make ___
as the N economic integration approaches europe 's cultural <unk> ___
but much of what the europeans want to protect seems ___
the most <unk> opposition to american tv imports has come ___
so far the french have failed to win enough broad-based ___
a <unk> through the television listings and a few <unk> ___
while there are some popular action and drama series few ___
more european air time is filled with <unk> game shows ___
one of france 's most popular saturday night programs features ___
a <unk> game show has as its host a belgian ___
one of italy 's favorite shows <unk> a <unk> variety ___
<unk> the <unk> <unk> on another typical evening of fun ___
a celebrity guest u.s. ambassador to west germany richard burt ___
mr. burt nonetheless paid the penalty as if he had ___
if this seems like pretty weak stuff around which to ___
european programs usually target only their own local audience and ___
<unk> in germany or italy rarely make it even to ___
one annual <unk> the <unk> <unk> song contest featuring <unk> ___
another <unk> <unk> <unk> where <unk> from <unk> european countries ___
a <unk> <unk> under the title almost anything goes <unk> ___
for the most part what 's made here stays here ___
the <unk> of the british crop the literary <unk> that ___
there is for instance one man and his dog a ___
also <unk> to the british are hours of <unk> <unk> ___
a french <unk> of dallas called <unk> and set in ___
<unk> black forest clinic a kind of german <unk> elsewhere ___
italy 's most popular series is a drama called la ___
it was <unk> news in italy earlier this year when ___
spain 's most popular <unk> this year was <unk> the ___
the trend is pretty well established now that local programs ___
thus europe has begun the recent crusade to produce more ___
we 've basically got to start from <unk> to train ___
while some in the u.s. contend that advertising is the ___
until recently national governments in europe controlled most of the ___
since production costs were guaranteed it did n't matter that ___
but not much money was spent on the shows either ___
now however commercial channels are coming to most european countries ___
just last week greece authorized two commercial channels for the ___
but perhaps to the <unk> of those calling for quotas ___
sky channel a <unk> venture of <unk> press <unk> rupert ___
the financially struggling station offers programs obviously made available <unk> ___
in a madrid hotel room recently a <unk> caught the ___
<unk> <unk> in bonn <unk> <unk> in milan tim <unk> ___
british aerospace plc and france 's <unk> s.a. said they ___
the N joint venture which may be dubbed <unk> would ___
after two years of talks plans for the venture are ___
the venture would strengthen the rapidly growing ties between the ___
in recent months a string of cross-border mergers and joint ___
already british aerospace and french <unk> <unk> <unk> on a ___
just last week they announced they may make a joint ___
the sudden <unk> of british aerospace and <unk> traditionally bitter ___
most threatened by closer british <unk> ties would be their ___
but neither <unk> nor <unk> unrelated to stamford <unk> general ___
yesterday a source close to <unk> confirmed that his company ___
companies with which <unk> has had talks about a possible ___
but it may be weeks before <unk> and its potential ___
<unk> plans first to study ferranti 's financial accounts which ___
also any <unk> bid might be blocked by british antitrust ___
a consortium bid however would <unk> <unk> 's direct role ___
a british aerospace spokeswoman appeared <unk> by the prospect of ___
at least one potential <unk> partner <unk> insists it is ___
we have nothing to say about this affair which does ___
the missile venture the british aerospace spokeswoman said is a ___
for both thomson and british aerospace earnings in their home ___
thomson feels the future of its defense business depends on ___
the european defense industry is consolidating for instance west germany ___
in missiles thomson is already <unk> by british aerospace and ___
to justify N ownership of the planned venture thomson would ___
annual revenue of british aerospace 's missile business is about ___
british aerospace 's chief missile products include its <unk> family ___
thomson missile products with about half british aerospace 's annual ___
<unk> pipe line co. said it will delay a proposed ___
<unk> canada 's biggest oil pipeline operator and a major ___
canadian crude production averaged about N million barrels a day ___
the capability of existing fields to deliver oil is dropping ___
mr. <unk> said volume on <unk> 's system is down ___
there has been a swing of the <unk> back to ___
many of canada 's oil and gas producers say the ___
the number of active drilling <unk> in canada is down ___
mr. <unk> said the main reason for the production decline ___
<unk> <unk> about N N of all crude produced in ___
nearly all of the crude oil that canada exports to ___
canada 's current oil exports to the u.s. total about ___
that ranks canada as the <unk> source of imported crude ___
mr. <unk> said canada 's declining crude output combined with ___
but when something is inevitable you learn to live with ___
mr. <unk> stressed that the delay of <unk> 's proposed ___
under terms of its proposed <unk> expansion which would have ___
the system currently has a capacity of N million barrels ___
inland steel industries inc. expects to report that third-quarter earnings ___
in the second quarter the steelmaker had net income of ___
the company said normal seasonal softness and lost orders caused ___
at the same time the <unk> business was hurt by ___
the <unk> business was hurt by reduced margins and start-up ___
the company said it is beginning to see some <unk> ___
inland said its third-quarter results will be announced later this ___
in the year-earlier third quarter when the industry was in ___
predicting the financial results of computer firms has been a ___
take microsoft corp. the largest maker of personal computer software ___
in july the company stunned wall street with the prediction ___
investors taking this as a sign that a broad industry ___
last week microsoft said it expects revenue for its first ___
the announcement caused the company 's stock to surge $ ___
microsoft 's surprising strength is one example of the difficulty ___
it 's hard to know what to expect at this ___
to illustrate mr. rogers said that of the N <unk> ___
among those companies expected to have a down quarter are ___
international business machines corp. also is expected to report disappointing ___
apple computer inc. meanwhile is expected to show improved earnings ___
in july the company reported that booming sales of new ___
this month however businessland warned investors that results for its ___
the company said it expects earnings of N to N ___
while the earnings picture <unk> observers say the major forces ___
in computer publishing a battle over <unk> is hurting adobe ___
until recently adobe had a lock on the market for ___
now the two firms are <unk> on an alternative to ___
the company is beginning to ship a new software program ___
the program is aimed at improving the quality of printed ___
john <unk> adobe 's chief executive officer said the mountain ___
meanwhile competition between various operating systems which control the basic ___
it creates uncertainty and usually <unk> down sales said <unk> ___
mr. <unk> said this probably is behind the expected weak ___
he expects <unk> to report earnings of N cents a ___
on the other hand the battle of the bus is ___
ibm is backing one type of bus called <unk> while ___
users do n't care about the bus said daniel benton ___
he said apple 's family of <unk> computers for instance ___
in personal computers apple compaq and ibm are expected to ___
at the same time <unk> firms will continue to lose ___
some lagging competitors even may leave the personal computer business ___
<unk> technology for instance is considered a candidate to sell ___
<unk> has done well establishing a distribution business but they ___
mr. brown estimates <unk> whose terminals business is strong will ___
personal-computer makers will continue to eat away at the business ___
<unk> powerful <unk> computers designed with one or more microprocessors ___
the guys that make traditional hardware are really being <unk> ___
as a result of this trend longtime <unk> <unk> ibm ___
mr. benton expects compaq to unveil a family of high-end ___
a <unk> of new computer companies also has targeted this ___
the population of all four states is on the <unk> ___
iowa for instance saw its population grow by N people ___
still even that modest increase is good news for a ___
between N and N north <unk> was the only state ___
six of the N midwestern states have been growing steadily ___
the northeast has been holding its own in the population ___
seven of nine states have grown each year since N ___
and although pennsylvania and massachusetts suffered slight declines earlier in ___
at the same time several states in the south and ___
seven states that grew in the early 1980s are now ___
overall though the south and west still <unk> the northeast ___
but the growth gap between the sun belt and other ___
and even after losing a spouse more of the elderly ___
a new census bureau study of the <unk> population shows ___
this does n't mean they 're less likely to live ___
what has changed is that more of the young elderly ___
in N N N of those aged N to N ___
but even among those aged N and older the share ___
like their younger counterparts the older elderly are less likely ___
only N N of those aged N and older lived ___
the likelihood of living alone beyond the age of N ___
more people are remaining independent longer presumably because they are ___
at least that 's what a survey by ernst & ___
two-thirds of respondents said they strongly felt the need to ___
being successful in careers and spending the money they make ___
unlike most studies of the affluent market this survey excluded ___
average household income for the sample was $ N and ___
the goal was to learn about one of today 's ___
although they represent only N N of the population they ___
across the board these consumers value quality buy what they ___
despite their considerable incomes and assets N N of the ___
<unk> percent do n't even feel they are financially well ___
about N N do n't feel they 're more able ___
while <unk> feel some <unk> about being affluent only N ___
<unk> percent attend <unk> services regularly at the same time ___
the number of women and minorities who hold jobs in ___
the american bankers association says that women make up N ___
the share of minorities in those positions has risen to ___
<unk> personal income in the u.s. grew faster than inflation ___
the amount of income <unk> up for each man woman ___
per capita personal income ranged from $ N in mississippi ___
there are N million students in college this fall up ___
about N N are women and N N are <unk> ___
trouble with a capital <unk> and that <unk> with <unk> ___
more than N years ago prof. harold hill the con ___
now <unk> spirits on <unk> 's town council have barred ___
mayor lynn <unk> and two members of the council said ___
and the mayor in an <unk> that bears a <unk> ___
the council 's action is yet another blow to a ___
obviously they 're not in touch with what 's going ___
pool is hot in new york and chicago he insists ___
with today 's tougher drunk driving laws he adds people ___
besides <unk> behavior seems unlikely at the grand <unk> where ___
at the <unk> manager elizabeth <unk> wo n't admit <unk> ___
but a majority of the <unk> council did n't buy ___
after its previous mayor committed <unk> last year an investigation ___
the <unk> embarrassed town officials although they argued that the ___
i think there 's some people worried about something pretty ___
i thought this was all taken care of in the ___
the only thing robert goldberg could <unk> about cbs 's ___
for instance <unk> white is not the ultimate <unk> <unk> ___
richard <unk> <unk> as a <unk> <unk> <unk> in a ___
and even if a <unk> would wear flowers in her ___
sorry the show does not even have the one <unk> ___
of all the ethnic <unk> in america which is the ___
a good bet would be the tension between blacks and ___
or so it must seem to <unk> mason the veteran ___
not only is mr. mason the star of chicken soup ___
here in neutral language is the <unk> of mr. mason ___
mr. mason said that many jewish voters feel guilty toward ___
he said that many black voters feel bitter about racial ___
he said that <unk> have contributed more to black causes ___
as a <unk> of ethnic humor from the old days ___
he said <unk> were sick with <unk> and he called ___
if mr. mason had used less <unk> language to <unk> ___
it probably would because few or none of the people ___
in addition some of mr. mason 's critics have implied ___
for example the new york state counsel for the <unk> ___
these critics fail to <unk> between the type of ethnic ___
the latter typically is the humor of the <unk> and ___
in the hands of a <unk> like <unk> bruce this ___
but <unk> by a pro like <unk> mason it is ___
because despite all the media <unk> about comedy and politics ___
that 's why it 's dangerous to have <unk> thought ___
as elizabeth <unk> wrote in the new york times just ___
the question is if group conflicts still exist as <unk> ___
do n't say the tv <unk> because that happens to ___
it is true that the best <unk> do allow group ___
in chicken soup mr. mason plays <unk> a jewish <unk> ___
at least they both speak with strong <unk> as do ___
it could n't be more obvious that chicken soup is ___
and a safe one imagine if the <unk> in question ___
back in the 1920s the play and movie versions of ___
and it has remained there as <unk> by its <unk> ___
clearly the question with chicken soup is not whether the ___
part of the problem is the tendency of all <unk> ___
to some extent this tendency emerges whenever the show tries ___
for instance michael <unk> <unk> not because he 's a ___
even more <unk> is the <unk> between <unk> <unk> and ___
the best moments in the show occur at the beginning ___
but too often these <unk> lack spark because this <unk> ___
i 'm not suggesting that the producers start putting together ___
that issue like racial <unk> in new york city will ___
but i am suggesting that they stop requiring mr. mason ___
at your age <unk> you ought to know that you ___
the official white house reaction to a plunge in stock ___
treasury secretary nicholas brady said in a statement friday that ___
the economy he added remains <unk> and the outlook is ___
here 's what ronald reagan said after the N crash ___
there is nothing wrong with the economy all the <unk> ___
after the N crash herbert <unk> said the fundamental business ___
james robinson N years old was elected president and chief ___
he has been president and chief executive officer of <unk> ___
charles j. lawson jr. N who had been acting chief ___
the former president and chief executive eric w. <unk> resigned ___
the senate 's decision to approve a <unk> deficit-reduction bill ___
late friday night the senate voted N to approve an ___
lawmakers drastically <unk> the bill to blunt criticism that it ___
we 're putting a deficit-reduction bill back in the category ___
but senate supporters of the <unk> legislation said that other ___
in addition the companion deficit-reduction bill already passed by the ___
house-senate negotiations are likely to begin at <unk> and last ___
no one can predict exactly what will happen on the ___
but he added i believe republicans and democrats will work ___
white house budget director richard darman told reporters yesterday that ___
we do n't need this as a way to get ___
house budget committee chairman leon <unk> d. calif said in ___
the senate 's decision was a setback for president bush ___
senate majority leader george mitchell d. maine said he was ___
and a senior aide to the house ways and means ___
one obvious place to <unk> a capital-gains tax cut and ___
such legislation must be enacted by the end of the ___
the senate bill was <unk> back in an attempt to ___
because the legislation has n't been completed president bush has ___
senators hope that the need to avoid those cuts will ___
a key is whether house republicans are willing to <unk> ___
although i am encouraged by the senate action said chairman ___
another big question <unk> over the debate is what president ___
he has been <unk> a <unk> bill without a guaranteed ___
but republican senators saw no way to overcome a procedural ___
the senate bill was stripped of many popular though <unk> ___
these include a child-care initiative and <unk> of <unk> tax ___
also missing from the senate bill is the house 's ___
one <unk> provision that was originally in the senate bill ___
mr. <unk> said he hopes the senate will consider that ___
to the <unk> of some doctors the bill dropped a ___
to the <unk> of many low-income people efforts to boost ___
asked why senators were giving up so much new mexico ___
sen. dole said that the move required sacrifice by every ___
it worked others said because there were no exceptions all ___
the senate also dropped a plan by its finance committee ___
in addition the bill dropped a plan to make permanent ___
it no longer includes a plan that would have <unk> ___
it also drops a provision that would have permitted corporations ___
also <unk> was a <unk> increase in the maximum <unk> ___
a provision that would have made the social security administration ___
the approval of the senate bill was especially sweet for ___
mr. mitchell 's relations with budget director darman who pushed ___
the deficit reduction bill contains $ N billion in tax ___
prevent companies that have made leveraged buy-outs from getting federal ___
require mutual funds to include in their taxable income dividends ___
close a <unk> regarding employee stock ownership plans effective june ___
the measure <unk> a N N exclusion given to banks ___
curb junk bonds by ending tax benefits for certain securities ___
raise $ N million by <unk> for one year an ___
speed up the collection of the payroll tax from large ___
impose a tax on <unk> chemicals such as those used ___
<unk> income taxes from the <unk> of certain farm workers ___
change the collection of gasoline <unk> taxes to weekly from ___
restrict the ability of real estate owners to escape taxes ___
increase to $ N a person from $ N the ___
the measure also includes spending cuts and increases in federal ___
reduction of medicare spending in fiscal N by some $ ___
the plan would impose a brief freeze on physician fees ___
removal of the u.s. postal service 's operating budget from ___
authority for the federal aviation administration to raise $ N ___
direction to the u.s. coast guard to collect $ N ___
raising an additional $ N million by increasing existing federal ___
in response to your overly optimistic <unk> piece on how ___
i was laid off in august N and after a ___
my unemployment insurance ran out before i found a job ___
the statistics quoted by the new census bureau report <unk> ___
i think what bothered me most about the piece was ___
to top it off you <unk> the <unk> showing the ___
looking for a job was one of the most anxious ___
bull <unk> information systems inc. is a u.s. <unk> unit ___
in friday 's edition the name of the unit was ___
moody 's investors service said it reduced its rating on ___
the agency said it reduced its rating on the thrift ___
new federal legislation requires that all thrifts <unk> themselves of ___
columbia savings officials were n't available for comment on the ___
moody 's investors service inc. said it downgraded its rating ___
the rating concern said franklin 's troubled diversification record in ___
they perhaps had concern that we were getting out of ___
just when it seemed safe to go back into stocks ___
or is this an extraordinary buying opportunity just like oct. ___
here 's what several leading market experts and money managers ___
i 'm the only one who said there would be ___
everyone will tell you that this time is different from ___
well in some ways it is different but technically it ___
right now they 're telling me to get the hell ___
mr. <unk> says he would n't even think of buying ___
most people he says have no idea what a massacre ___
a <unk> analyst with shearson lehman hutton inc. ms. <unk> ___
this was an october massacre like those that occurred in ___
now as in those two years her stock market indicators ___
those <unk> lasted one to four weeks and took the ___
this is exactly the same thing as far as i ___
thus she says if the dow jones industrial average dropped ___
as she <unk> it the average stock now sells for ___
she says that ratio could climb to N given current ___
friday 's fall marks the start of a bear market ___
but mr. davis whose views are widely respected by money ___
the main thing was portfolio insurance a mechanical trading system ___
today could even be an up day mr. davis says ___
over the next several months though he says things look ___
i think the market will be heading down into november ___
we will probably have a year-end rally and then go ___
he expects the downturn to carry the dow jones industrial ___
i do n't think the market is going through another ___
i do n't think that 's the case at all ___
mr. <unk> sees this as a good time to pick ___
i expect the market to open weaker monday but then ___
he <unk> off several major differences between now and two ___
and unlike N the economy does n't appear to be ___
but the economy 's slower growth this year also means ___
thus he concludes this is not a good environment to ___
if i had come into friday on margin or with ___
but we came into friday with a conservative portfolio so ___
we 're going to look for some of the <unk> ___
this is the latest <unk> of the capacity of the ___
i see this as a reaction to the whole junk ___
the explosion of junk bonds and takeovers has <unk> a ___
this has both made investors uneasy and the corporations more ___
there is more <unk> in the economy at large than ___
it takes more error now to have a major depression ___
new york money manager mario <unk> an expert at <unk> ___
companies are still going to buy companies around the world ___
examples are ford looking at jaguar bellsouth looking at lin ___
these sorts of takeovers do n't require junk bonds or ___
the market was up N N since president bush took ___
he thinks another crash is unlikely and says he was ___
stocks that were thrown out just on an emotional basis ___
it seems to me that this is the <unk> that ___
he sees economic problems financial problems ahead for the u.s. ___
dealers would give you a quote but then refuse to ___
if the dollar stays weak he says that will add ___
mr. rogers wo n't decide what to do today until ___
he recommends that investors sell <unk> stocks but hang on ___
<unk> newsletter writer francis <unk> <unk> actually did it he ___
mr. <unk> says what happens now will depend a good ___
if it promptly cuts the discount rate it charges on ___
stock prices would still have to go down some additional ___
renaissance which manages about $ N billion drew stiff criticism ___
renaissance is keeping its money entirely in cash equivalents primarily ___
regarding the oct. N letter to the editor from rep. ___
N that your sept. N editorial <unk> committees was <unk> ___
N that mr. <unk> supported the rights of the witnesses ___
as i watched him on <unk> i heard him speak ___
he did repeat those nice <unk> several times as an ___
he used about N words defending the witnesses ' constitutional ___
unfortunately by my rough guess he used better than N ___
he <unk> his <unk> of constitutional meat between large <unk> ___
as your editorial <unk> pointed out samuel <unk> former hud ___
that certainly is not the supposed distorted reading indicated by ___
N that his committee does not deal with any possible ___
my colleagues and i fully realize we are not a ___
by any reasonable man <unk> mr. <unk> and his colleagues ___
that 's not a bad way to proceed just somewhat ___
how was that practice referred to when i was in ___
of course mr. <unk> <unk> protest that his subcommittee simply ___
everything that mr. <unk> says in his letter is partially ___
he 's right about his subcommittee 's responsibilities when it ___
but if his explanation of <unk> is true why is ___
why not simply questions designed to identify sources and causes ___
such as what happened when congress wanted to know about ___
N that the journal <unk> the <unk> fraud waste <unk> ___
no to my mind the journal did not defend <unk> ___
the problem which the journal so <unk> pointed out in ___
of course we 've also got a judiciary that seeks ___
it 's when such <unk> does n't occur that we ___
but i think the kind of congressional investigation that has ___
the last time i saw a similar congressional hearing was ___
i disagree with the statement by mr. <unk> that one ___
the fifth amendment states in relevant part that no person ___
this privilege against <unk> <unk> the drawing of an adverse ___
thus in a criminal case a prosecutor can not comment ___
the privilege however has been limited in <unk> with its ___
the supreme court and some states have specifically recognized that ___
thus in a civil case a defendant may be called ___
he may take the fifth in a civil matter only ___
allowing the defendant to take the fifth in a civil ___
<unk> the risk of such prosecution a court may order ___
thus when mr. <unk> asserted the fifth in a <unk> ___
the subcommittee congress and the american public have every right ___
drawing the adverse <unk> in a <unk> congressional hearing does ___
it was friday the 13th and the stock market plummeted ___
in <unk> a so-called friday the 13th effect has been ___
robert <unk> and <unk> <unk> professors of finance at the ___
but their study which <unk> the N period has since ___
in the <unk> the market took falls nine times in ___
but the date tends to be a plus not a ___
another study found that the N <unk> the 13th in ___
on the only other friday the 13th this year the ___
professor <unk> says the original study titled friday the 13th ___
in a similar <unk> he adds that the anniversary of ___
<unk> of those during the N crash that as stock ___
we could n't get dealers to answer their phones said ___
it was like the friday before black monday two years ___
whether <unk> phone calls had any effect or not nasdaq ___
nonetheless the nasdaq composite index suffered its biggest point decline ___
ten points of the drop occurred during the last N ___
by comparison the new york stock exchange composite tumbled N ___
on oct. N N the nasdaq composite fell N points ___
nasdaq volume friday totaled N million shares which was only ___
the <unk> record of N million shares was set on ___
there was n't a lot of volume because it was ___
most of the complaints about <unk> phone calls came from ___
mr. king of <unk> and others were quick to add ___
the subject is a <unk> one for nasdaq and its ___
peter dapuzzo head of retail equity trading at shearson lehman ___
there were too many phones ringing and too many things ___
james <unk> head of otc trading at hambrecht & quist ___
everybody was trying to do the same thing at the ___
<unk> mullins the otc trading chief at dean witter reynolds ___
but he added you can only take one call at ___
market makers keep supplies of stock on hand to maintain ___
on days like friday that means they must buy shares ___
two years ago faced with the possibility of heavy losses ___
but with profits sagging on wall street since the crash ___
mr. <unk> of hambrecht & quist said some prices fell ___
so while otc companies incurred losses on friday trading officials ___
two years ago we were carrying huge inventories and that ___
i do n't know of anyone carrying big inventories now ___
tony <unk> head of equity trading at <unk> <unk> & ___
it helped that his inventory is a third smaller now ___
joseph <unk> president of the national association of securities dealers ___
nasdaq 's small order execution system worked <unk> as did ___
nevertheless the shock of another steep plunge in stock prices ___
in the past the otc market <unk> on a firm ___
because nasdaq 's trading volume has n't returned to <unk> ___
we were just starting to get the public 's confidence ___
more troubling is the prospect that the overall collapse in ___
mr. <unk> of <unk> <unk> says some action from government ___
it wo n't take much more to scare the hell ___
the sellers on friday came from all corners of the ___
but <unk> traders said the sell orders generally ranged from ___
shearson 's mr. dapuzzo said retail investors nervously sold stock ___
institutional investors which had been selling stock throughout last week ___
we had a good amount of selling from institutions but ___
if they could n't sell some of them put the ___
in addition he said some bigger institutional investors placed bids ___
in addition mr. dapuzzo said computer-guided program selling of otc ___
the nasdaq N index of the largest <unk> issues including ___
the nasdaq financial index of giant insurance and banking stocks ___
mccaw cellular communications for instance has offered to buy lin ___
lin broadcasting dropped N N or N N to N ___
on a day when negative <unk> news did n't sit ___
the issues of companies with ties to the junk bond ___
on the otc market first executive a big buyer of ___
among other otc issues intel dropped N N to N ___
the key u.s. and foreign annual interest rates below are ___
the base rate on corporate loans at large u.s. money ___
N N N high N N N low N N ___
reserves traded among commercial banks for overnight use in amounts ___
the charge on loans to depository institutions by the new ___
N N N to N days N N N to ___
high-grade unsecured notes sold through dealers by major corporations in ___
N N N days N N N days N N ___
N N one month N N two months N N ___
average of top rates paid by major new york banks ___
N N one month N N three months N N ___
N N N days N N N days N N ___
N N N to N N N one month N ___
N N N one month N N N three months ___
the average of interbank offered rates for dollar deposits in ___
canada N N germany N N japan N N switzerland ___
these rate indications are n't directly comparable lending practices vary ___
results of the tuesday october N N auction of short-term ___
posted yields on 30-year mortgage commitments for delivery within N ___
N N standard conventional <unk> mortgages N N N N ___
posted yields on N year mortgage commitments for delivery within ___
N N standard conventional fixed-rate mortgages N N N rate ___
annualized average rate of return after expenses for the past ___
pension funds insurers and other <unk> of the investing world ___
<unk> or <unk> many giant institutional investors appear to be ___
to be sure big investors might put away their <unk> ___
but their N performance indicates that they wo n't abandon ___
last time we got <unk> for going out and buying ___
mr. rogers spent half his cash on hand friday for ___
he expects to invest the rest if the market <unk> ___
<unk> portfolio manager james craig was n't <unk> when friday ___
i waited to make sure all the program trades had ___
i was buying at the close friday and i 'll ___
there is no <unk> on the fundamental level for this ___
unlike mutual funds which can be forced to sell <unk> ___
most often they do just that because stocks have proved ___
if you bought after the crash you did very very ___
the $ N billion california public employees retirement system for ___
the last crash taught institutional investors that they have to ___
those that pulled out of stocks <unk> it he said ___
stocks as measured by the standard & poor 's 500-stock ___
even friday 's slump leaves investors ahead more than N ___
you could go down N points and still have a ___
mr. <unk> however worries that the market could go down ___
he said he <unk> many parallels with N including the ___
the only thing you do n't have he said is ___
most institutional investors have abandoned the portfolio insurance hedging technique ___
not really insurance this <unk> was designed to soften the ___
in its <unk> test the $ N billion of portfolio ___
even without portfolio insurance market conditions were grim friday money ___
neil <unk> whose new york-based <unk> capital partners had converted ___
we got calls from big block houses asking us if ___
mr. <unk> predicts stocks will appear to stabilize in the ___
i think it will be a <unk> <unk> rally he ___
meanwhile friday brought a <unk> for money managers whose investment ___
especially <unk> were the short sellers who have been <unk> ___
the <unk> sell borrowed shares hoping to profit by replacing ___
the nation 's largest <unk> operation is <unk> brothers palo ___
we 're ahead for the year because of friday said ___
we 're not making a killing but we had a ___
food and drug administration spokesman jeff <unk> said the agency ___
neither <unk> nor any of the <unk> gardens n.y. company ___
<unk> won approval to market a version of a blood ___
mr. <unk> also said the fda has asked <unk> pharmaceutical ___
but so far the company has n't <unk> with that ___
<unk> the subject of a criminal investigation by the fda ___
<unk> of <unk> n.y. earlier began a voluntary recall of ___
the fda has said it presented evidence it uncovered to ___
<unk> has denied that it switched the <unk> product for ___
the west german retailer <unk> deutsche <unk> ag plans to ___
the eventual court decision could become a landmark in dutch ___
up to now only specific aspects of these defenses have ___
should the courts <unk> the <unk> of this type of ___
<unk> says the <unk> international food retailer had n't reasonable ___
speaking through its dutch lawyers <unk> also disclosed it holds ___
it was previously thought <unk> held a N N stake ___
a spokesman for <unk> said his company is confident of ___
he termed <unk> 's legal actions as <unk> to international ___
chase manhattan bank chairman <unk> butcher is a conservative banker ___
there are some very significant issues out there such as ___
i 'd like to see that initiative and i have ___
politicians tried to finger each other for the blame although ___
but mr. butcher 's comments make one thing clear some ___
by N p.m. tonight president bush must order $ N ___
the cuts are necessary because congress and the administration have ___
we simply do n't have strong leadership to try to ___
for the last two weeks the bush administration and the ___
the administration has been trying to push the dollar lower ___
one of the things that continues to worry me is ___
the administration has sent out confusing signals about its response ___
last month transportation secretary sam skinner forced northwest airlines to ___
but he has since run into opposition from the treasury ___
and he has kept <unk> on how his decision might ___
some analysts say uncertainty about washington 's anti-takeover policy was ___
in many ways the backdrop to friday 's stock decline ___
then as now the budget debate was behind schedule and ___
the treasury was locked in a battle over international economic ___
and concern about official actions aimed at takeovers then by ___
the N crash brought the reagan administration and democratic lawmakers ___
but barring further drops in the market this week a ___
lawmakers and administration officials agree that friday 's drop by ___
one of the biggest reasons that new talks are n't ___
everybody thought we were looking at a <unk> of N ___
but administration officials privately agree with mr. <unk> who said ___
in that case there will be plenty of blame to ___
there is an underlying concern on the part of the ___
nevertheless it clearly will take more than friday 's 190-point ___
hill democrats are particularly angry over mr. bush 's claim ___
there is no prospect of any so-called grand compromise or ___
during last week 's <unk> on the <unk> bill and ___
at the very moment that senate republicans were negotiating a ___
when an agreement was reached to strip capital gains from ___
asked if the administration agreed he <unk> replied the <unk> ___
friday 's market tumble could spur action on <unk> the ___
senate republicans expressed the hope that the house would follow ___
the market needs a strong signal that we 're serious ___
the white house office of management and budget whose calculations ___
rep. <unk> said that <unk> 's figure would still be ___
no one in washington was willing to take the blame ___
before the sun had set on friday richard <unk> the ___
investors who had been holding assets in anticipation of a ___
there have been many <unk> reasons advanced to support a ___
the following u.s. treasury corporate and municipal offerings are tentatively ___
N million class a shares via smith barney harris upham ___
$ N million face amount liquid yield option notes via ___
$ N million of general obligation veterans ' tax notes ___
$ N million of N general obligation tax revenue notes ___
$ N of school financing bonds N series b N ___
$ N of various bonds including $ N million hotel ___
$ N million of kaiser <unk> revenue bonds via a ___
$ N million of general obligation capital appreciation bonds college ___
$ N million of revenue bonds for <unk> university series ___
$ N million of series c bonds via a prudential-bache ___
$ N million of parkway revenue bonds series N via ___
$ N million of gas and electric revenue refunding bonds ___
$ N million of rapid city regional hospital bonds via ___
small investors matched their big institutional <unk> in anxiety over ___
i 'm not losing faith in the market said boston ___
i think on monday the small investors are going to ___
and i think institutions are going to come in and ___
some <unk> an optimism that had been <unk> when they ___
oh i bet it 'll be up N points on ___
mrs. <unk> said her <unk> investment club 's portfolio lost ___
at the annual congress of the national association of investors ___
some N investors representing investor clubs from around the u.s. ___
but robert <unk> an official of the association said no ___
in fact some of the association 's members long-term <unk> ___
we hope to take advantage of it said john <unk> ___
he has four stocks in mind to buy if the ___
not everyone is reacting so <unk> however and many wonder ___
marc <unk> a tampa fla. investment banker said the market ___
there 's no question that there 's a general <unk> ___
mr. <unk> believes however that the market could be stabilized ___
<unk> albert a <unk> dallas law student says she 's ___
i have this feeling that it 's built on sand ___
she and her husband pulled most of their investments out ___
partly because of concern about the economy and partly because ___
others wonder how many more of these shocks the small ___
we all assumed october <unk> was a one-time shot said ___
we told the little guy it could only happen once ___
mr. greenberg got out just before the N crash and ___
this time he 's ready to buy in when the ___
still he adds we ca n't have this kind of ___
when the little guy gets frightened the big guys hurt ___
small investors have <unk> back into the market following black ___
discount brokerage customers have been in the market somewhat but ___
hugo <unk> senior vice president at charles <unk> corp. says ___
individual investors are still angry about program trading mr. <unk> ___
<unk> <unk> a cornell university finance professor says government regulators ___
but it 's not only the stock market that has ___
alan <unk> general sales manager of a chrysler dealership in ___
these high <unk> took a big <unk> today he said ___
and i can tell you that a high roller is ___
everything said <unk> <unk> an <unk> ohio plumbing contractor who ___
i just stopped by to see how much i would ___
the crowded field for <unk> computers is about to become ___
compaq computer corp. 's long-awaited entry today into the notebook ___
compaq 's series of <unk> <unk> a trend toward <unk> ___
one manufacturer already has produced a <unk> computer called a ___
but those machines are still considered <unk> with <unk> only ___
compaq 's <unk> by contrast may be the first in ___
analysts say they 're faster and carry more memory than ___
all of this comes in a machine that <unk> only ___
in recent months compaq 's competition including zenith toshiba corp. ___
one analyst noting that most such machines are about two ___
this is n't quite a notebook i call it a ___
that ca n't be said of the $ N <unk> ___
instead of a <unk> it features a writing surface an ___
at N N pounds it may be too <unk> named ___
<unk> corp. 's portfolio introduced in europe two months ago ___
some critics however say its ability to run <unk> programs ___
<unk> computer corp. meanwhile has introduced a much more sophisticated ___
at stake is what mike <unk> compaq 's president of ___
the market is so new nobody knows yet how big ___
i 've had a lot of people trying to sell ___
whether it 's $ N billion or $ N billion ___
consider the growth of <unk> which now <unk> N N ___
<unk> generally anything under N pounds have become the fastest-growing ___
responding to that demand however has led to a variety ___
it also has <unk> use of the faster more powerful ___
a <unk> spokesman for example <unk> the <unk> portfolio because ___
both <unk> are dismissed by notebook makers who argue that ___
<unk> trying to avoid the <unk> label responded with the ___
despite the <unk> few question the <unk> of the move ___
toward that end experts say the real battle will take ___
compaq 's new machines are considered a direct threat to ___
but the <unk> product is twice as heavy and costs ___
compaq 's announcement also <unk> trouble for zenith which last ___
zenith holders will vote in december on the proposed $ ___
rod <unk> compaq 's president and chief executive officer notes ___
john p. frank president of zenith data systems simply <unk> ___
we do n't look at it as not being a ___
i ca n't imagine that you 'll talk to anyone ___
adds bill <unk> senior industry analyst for <unk> a high-technology ___
the problem compaq is going to have is that they ___
compaq 's machines include the N <unk> <unk> disk drive ___
others undoubtedly will follow but most analysts believe compaq has ___
toshiba 's line of <unk> for example features the <unk> ___
a third model marketed in japan may hit the u.s. ___
international business machines corp. analysts say has been burned twice ___
honeywell inc. and international business machines corp. received air force ___
honeywell 's contract totaled $ N million and ibm 's ___
boeing co. received a $ N million air force contract ___
general dynamics corp. received a $ N million air force ___
grumman corp. received an $ N million navy contract to ___
<unk> corp. received an $ N million army contract for ___
sharp increases in the price of fresh produce caused spain ___
the monthly increase is the highest recorded in the past ___
the index which registered N at the end of september ___
prices have risen N N in the first nine months ___
japan 's wholesale prices in september rose N N from ___
the wholesale price index stood at N compared with a ___
<unk> new york stock exchange issues hit 52-week highs during ___
stocks of utilities held up relatively better than other market ___
and among the issues hitting new highs were detroit edison ___
other major issues hitting highs included american telephone & telegraph ___
these included international business machines corp. which during friday 's ___
other new lows included <unk> international corp. union carbide corp. ___
meanwhile two initial public offerings <unk> the <unk> market in ___
shares of rally 's inc. an operator of fast-food restaurants ___
ford motor co. said it acquired N N of the ___
jaguar the london stock exchange and the u.s. securities and ___
the u.s. federal trade commission advised ford last week that ___
the no. N auto maker disclosed last month that it ___
general motors corp. said it had discussed the possibility of ___
gm said it still is talking with jaguar about acquiring ___
investors who bought stock with borrowed money that is on ___
that 's because their brokers can require them to sell ___
in october N these margin calls were thought to have ___
typically a margin call occurs when the price of a ___
if the investor does n't put up the extra cash ___
but some big brokerage firms said they do n't expect ___
margin calls since friday have been higher than usual but ___
merrill lynch & co. officials do n't expect margin calls ___
hugo <unk> senior vice president at charles schwab corp. the ___
he said schwab had increased margin requirements so customers have ___
<unk> inc. following rival hertz corp. 's lead said it ___
the garden city n.y. <unk> company said it wo n't ___
but it remains involved in programs with amr corp. 's ___
industry estimates put <unk> 's annual cost of all five ___
a spokesman for <unk> would n't specify the costs but ___
budget rent a car corp. of chicago and national car ___
in fact budget indicated it saw some benefit to staying ___
i can not see how this news by hertz and ___
northwest and <unk> are two of the five airlines with ___
national also <unk> in the northwest <unk> program along with ___
a month ago hertz of park <unk> n.j. said that ___
at the time hertz said its annual fees to those ___
budget said its <unk> costs are substantially below <unk> 's ___
robert d. <unk> <unk> vice president of marketing said the ___
this year has been difficult for both hertz and <unk> ___
they 've been looking to get their costs down and ___
cbs inc. is cutting the pat <unk> show down to ___
cbs insisted the move was n't a setback for the ___
i have every intention of making this the best possible ___
cbs will continue to program <unk> shows to follow the ___
but cbs news will extend its <unk> <unk> by N ___
the show despite a promising start has slipped badly in ___
further <unk> the <unk> audience is the addition of the ___
tandem computers inc. preparing to fight with international business machines ___
tandem said it expects to report revenue of about $ ___
the results which are in line with analysts ' estimates ___
in the year-earlier period tandem reported net income of $ ___
tandem expects to report the full results for the quarter ___
analysts have predicted that the cupertino calif. company will report ___
commenting on the results for the quarter mr. <unk> said ___
the company 's u.s. performance was helped by a record ___
tandem makes <unk> computers machines with <unk> backup systems that ___
tomorrow the company is scheduled to announce its most powerful ___
prices for the machine which can come in various <unk> ___
analysts expect the new computer to <unk> a hefty <unk> ___
we believe they could <unk> perhaps two to three billion ___
i 'd be disappointed if the company grew by less ___
ibm is expected to respond to tandem 's <unk> by ___
obviously ibm can give bigger discounts to users immediately said ___
but mr. <unk> questions whether that will be enough to ___
the answer is n't price reductions but new systems he ___
nevertheless tandem faces a variety of challenges the biggest being ___
even mr. <unk> is reluctant to abandon this notion insisting ___
the stock market 's <unk> may turn out to be ___
in one wild hour of trading the market managed to ___
it is forcing the federal reserve to ease its grip ___
the resulting decline in interest rates and the value of ___
after all until a few years ago the stock market ___
that has changed partly because the two years following the ___
the N crash was a false alarm however you view ___
the market seems increasingly <unk> from the rest of the ___
its <unk> ca n't be <unk> to fundamental business conditions ___
the market today has a life of its own john ___
of course the health of the economy will be threatened ___
sharply falling stock prices do reduce consumer wealth damage business ___
what 's more although the stock market is far less ___
but if the stock market does n't continue to plummet ___
the fed which until friday had been <unk> moves to ___
fed officials may protest that this does n't necessarily mean ___
but the experience of the N crash suggests the fed ___
anticipating the fed 's move money traders lowered a key ___
tiny movements in the rate which is what banks charge ___
the dollar also began to decline friday as the stock ___
treasury officials have been arguing for months that the dollar ___
the market drop has now apparently convinced foreign investors that ___
a modest drop in the dollar only a modest one ___
that was n't the case in N when the dollar ___
another big difference between N and N is n't so ___
in the third quarter of N the economy <unk> at ___
the consensus among economists is that it grew a much ___
the plunge in stock prices is happening at a time ___
consumer spending did drop in the months following black monday ___
the effects were much less severe and less prolonged than ___
today he <unk> exports and business investment spending may be ___
what 's more the corporate borrowing binge has n't <unk> ___
we 've had two more years of significant accumulation of ___
the more a company relies on borrowed money the greater ___
a company with a strong balance sheet can withstand an ___
the fed of course knows that very well hence its ___
even before friday 's events harvard university economist benjamin <unk> ___
the biggest threat on the economic horizon right now is ___
in the end the N collapse suggested the economy does ___
the economy does however depend on the confidence of businesses ___
a 190-point drop is n't likely to make much of ___
if the reactions of executives gathered saturday at hot springs ___
and if foreign investors become a <unk> more cautious well ___
on the bottom line the most <unk> fact for the ___
two years ago about the only point of comparison was ___
the prosperity that followed black monday permits a more optimistic ___
at the very least the establishment here is taking comfort ___
as sen. lloyd <unk> d. texas observed yesterday the fed ___
the chemical industry is expected to report that profits eroded ___
producers of commodity chemicals the basic chemicals produced in huge ___
once the chief beneficiaries of the industry 's now <unk> ___
for some of these companies this will be the first ___
this could be the first of five or six down ___
perhaps most prominent dow chemical co. which as of midyear ___
though dow has aggressively diversified into specialty chemicals and pharmaceuticals ___
analysts ' third-quarter estimates for the midland mich. company are ___
at the investment firm of smith barney harris upham & ___
you will find the commodities off more than the others ___
first boston corp. projects that N of the N companies ___
still some industry giants are expected to report continuing gains ___
du pont co. is thought to have had steady profit ___
moreover the wilmington del. company is helped when prices weaken ___
analysts are divided over whether du pont will report much ___
the estimates for du pont range from $ N to ___
in the N third quarter the company earned $ N ___
monsanto co. too is expected to continue reporting higher profit ___
the st. <unk> company is expected to report again that ___
searle continued to operate in the red through the first ___
most estimates for monsanto run between $ N and $ ___
a year ago the company posted third-quarter profit of $ ___
but the <unk> producers are caught on the downside of ___
by some accounts on wall street and in the industry ___
but <unk> say growing production capacity could keep pressure on ___
in the latest quarter at least profit is expected to ___
for <unk> inc. how far down it is we do ___
the projections are in the neighborhood of N cents a ___
<unk> faces lower prices for its mainstay product <unk> while ___
the company based in wilmington del. is <unk> by montedison ___
at quantum chemical corp. new york the trouble is lower ___
some analysts hedge their estimates for quantum because it is ___
but the estimates range from break-even to N cents a ___
in the N third quarter quantum earned $ N million ___
another big polyethylene producer union carbide corp. is expected to ___
the following were among friday 's offerings and pricings in ___
$ N million of N N senior notes due oct. ___
the issue which is <unk> back to the company at ___
rated single-a-1 by moody 's investors service inc. and single-a ___
$ N million of N N debentures due oct. N ___
the <unk> issue which can be put back to the ___
rated <unk> by moody 's and <unk> by s&p the ___
$ N million of remic mortgage securities offered in N ___
the offering series N backed by freddie mac N N ___
among classes for which details were available yields ranged from ___
$ N million of remic mortgage securities offered by citicorp ___
the offering series N is backed by freddie mac N ___
$ N million of stripped mortgage securities underwritten by <unk> ___
the agency 's first strips issue collateralized by freddie mac ___
the <unk> securities will be <unk> by <unk> securities into ___
the <unk> securities pay the principal from the underlying freddie ___
freddie mac said the <unk> securities were priced at N ___
the <unk> securities were priced at N N to yield ___
there were no major <unk> or foreign bond offerings in ___
the economy 's <unk> will be taken from several <unk> ___
the most troublesome report may be the august merchandise trade ___
the trade gap is expected to widen to about $ ___
thursday 's report on the september consumer price index is ___
that gain was being cited as a reason the stock ___
economists are divided as to how much manufacturing strength they ___
meanwhile september housing starts due wednesday are thought to have ___
there 's a possibility of a surprise in the trade ___
a widening of the deficit if it were combined with ___
in any event mr. <unk> and many others say that ___
trade is definitely going to be more politically sensitive over ___
exports are thought to have risen strongly in august but ___
views on manufacturing strength are split between economists who read ___
the wide range of estimates for the industrial output number ___
a rebound in energy prices which helped push up the ___
the consensus view expects a N N increase in the ___
robert h. <unk> an economist for lloyd 's bank in ___
auto prices had a big effect in the <unk> and ___
food prices are expected to be unchanged but energy costs ___
he also says he thinks core inflation which <unk> the ___
he expects a gain of as much as N N ___
housing starts are expected to <unk> a bit from august ___
economists say an august rebound in permits for <unk> units ___
if the <unk> <unk> law 's fair why should we ___
when research projects are curtailed due to government funding cuts ___
assuming the stock market does n't crash again and completely ___
capital city is a weekly series that <unk> here three ___
the early episodes make you long for a <unk> of ___
according to the program 's publicity prospectus capital city set ___
but with all the money and <unk> of high finance ___
you need n't be a <unk> securities lawyer to realize ___
the <unk> produced series has been criticized by london 's ___
turned loose in <unk> <unk> 's trading room the <unk> ___
judging by the money lost and mistakes made in the ___
in the opening episode we learn that <unk> a junior ___
rather than keep the loss a secret from the outside ___
traders spend the morning <unk> selling bonds in the belief ___
the trade figures turn out well and all those recently ___
so much for anticipating the market by a fraction of ___
and a large <unk> of the first episode is devoted ___
surprisingly <unk> <unk> <unk> the week only to have a ___
instead of closing ranks to protect the firm 's reputation ___
the plot is <unk> when the firm 's major <unk> ___
if you can <unk> the <unk> that the rewards for ___
<unk> lives in a hotel room and although she drives ___
and it takes <unk> the <unk> <unk> ' man of ___
perhaps the explanation for these <unk> is that <unk> britain ___
after all this is n't old money but new money ___
this attitude is clearly illustrated in the treatment of max ___
<unk> enough he lives in a <unk> <unk> converted church ___
but apparently to make him <unk> even <unk> to the ___
he takes his wash to the <unk> where he meets ___
in producing and promoting capital city <unk> has spent about ___
the production costs are a not <unk> # N million ___
another half million <unk> went for a <unk> of <unk> ___
these expenses create a special incentive for capital city 's ___
<unk> 's u.s. marketing agent donald <unk> is preparing to ___
he is <unk> hopeful citing three u.s. comedy series three ___
perhaps without <unk> it mr. <unk> simultaneously has put his ___
the first episode concluded with a <unk> <unk> scene in ___
and many in the young cast bear striking <unk> to ___
<unk> <unk> looks like a young <unk> <unk> <unk> william ___
so ok kids everybody on stage for carry on trading ___
the pressure is too much for <unk> <unk> who <unk> ___
he <unk> into a desktop computer terminal which <unk> covering ___
and all the while the bonds are in the baby ___
mr. <unk> is senior <unk> in the journal 's london ___
<unk> assurances of france gave details of its financing plans ___
the proposed acquisition is part of sir james goldsmith 's ___
in an attempt to <unk> u.s. regulators ' concern over ___
as part of the agreement axa agreed to invest $ ___
of the total $ N billion to be paid to ___
in an interview thursday <unk> bebear chairman and chief executive ___
the other banking companies in the group are credit lyonnais ___
mr. bebear said <unk> group has more than $ N ___
he said the assets to be sold would be <unk> ___
the amended filings also point out that under a new ___
we hope that with what we did the regulators will ___
any change of control in farmers needs approval of the ___
the amended filings were required because of the new agreement ___
<unk> dropped its initial # N billion $ N billion ___
a spokesman for b.a.t said of the amended filings that ___
the new financing structure is still a <unk> leveraged one ___
that dividend is almost double the N N currently taken ___
to fend off sir james 's advances b.a.t has proposed ___
dismal sales at general motors corp. dragged the u.s. car ___
the eight major domestic auto makers sold N north <unk> ___
domestically built truck sales were down N N to N ___
the heavy use of incentives to clear out N models ___
this appears particularly true at gm which had strong sales ___
overall sales of all <unk> vehicles fell N N from ___
without gm overall sales for the other u.s. <unk> were ___
some of the u.s. auto makers have already adopted incentives ___
we 've created a condition where without incentives it 's ___
car sales fell to a seasonally adjusted annual selling rate ___
the poor performance contrasts with a robust selling rate of ___
furthermore dealers contacted late last week said they could n't ___
gm 's domestic car sales dropped N N and its ___
cadillac posted a N N increase despite new competition from ___
lexus sales were n't available the cars are imported and ___
the sales drop for the no. N car maker may ___
last year gm had a different program in place that ___
ford motor co. had a N N drop in domestic ___
chrysler corp. had a N N drop in car sales ___
however sales of trucks including the company 's popular minivans ___
honda motor co. 's sales of domestically built vehicles plunged ___
honda 's plant in <unk> ohio was <unk> up to ___
we 're really confident everything will bounce back to normal ___
separately chrysler said firm prices on its <unk> domestic cars ___
firm prices were generally in line with the tentative prices ___
at that time chrysler said base prices which are n't ___
x there were N selling days in the most recent ___
percentage differences based on daily sales rate rather than sales ___
antonio l. <unk> N years old was named president and ___
mr. <unk> had been a consultant to the subsidiary 's ___
mr. <unk> succeeds william h. <unk> who resigned to pursue ___
it also has interests in military electronics and <unk> marine ___
it was n't so long ago that a radio network ___
now the network has opened a news bureau in the ___
employees held an open house to <unk> and even hung ___
i think this is a victory for the radio says ___
in fact the network hopes to set up offices in ___
but the rapid changes brought on by glasnost and open ___
in fact radio free europe is in danger of suffering ___
while the network currently can operate freely in <unk> so ___
in addition competition for <unk> is getting tougher in many ___
instead of being denounced as an evil agent of <unk> ___
they have a lot to do these days to compete ___
the <unk> radio reporters seem better informed and more critical ___
boys on busy street corners <unk> newspapers of every political ___
the british broadcasting corp. and the u.s. state department 's ___
australian press <unk> rupert murdoch has bought N N stakes ___
with its mission for free speech and the capitalist way ___
radio free europe and its sister station for the soviet ___
they are still an important source of news for N ___
the establishment of its first bureau in warsaw pact territory ___
months before the decision by the <unk> communist party to ___
it proved a perfect time for radio free europe to ___
not only did the <unk> ministry of foreign affairs approve ___
it 's a far cry from the previous treatment of ___
in fact some of the network 's <unk> <unk> say ___
during the past four years many of us have sat ___
through much of the <unk> war ii period listening to ___
when we listen to the europe station my mother still ___
she wants to turn down the volume and close the ___
now the <unk> competition for radio free europe comes during ___
<unk> radio often <unk> its most politically outspoken <unk> for ___
television which most of the time is considered rather <unk> ___
it is a talk show with opposition leaders and political ___
those who want to hear even more radical views have ___
the competitive spirit is clearly <unk> radio free europe which ___
the <unk> office plans to hire free-lance reporters to cover ___
the <unk> service has a daily <unk> news show called ___
there 's also a host of new programs trying to ___
a daily <unk> program called the march of time tries ___
and to attract younger <unk> radio free europe <unk> the ___
we are <unk> for all the news says mr. <unk> ___
proposals for <unk> national service like <unk> <unk> up from ___
the disease <unk> comes to mind of course not as ___
rather it is born of frustration with having to combat ___
it is back with us again in the form of ___
perhaps it is because <unk> <unk> <unk> both military experience ___
if only we could get america 's <unk> youth into ___
a quarter of a century ago national service was <unk> ___
those of us who resisted the idea then suspect today ___
choice of the volunteer military in the 1970s seemed to ___
but the virus was kept alive in <unk> departments until ___
this time it attempted to <unk> two connected problems the ___
why not keep and even expand the loans and grants ___
thus undoubtedly it was hoped that the new strain of ___
the democratic leadership council a <unk> group <unk> the plan ___
a provision allowing grants to be applied to <unk> purchases ___
the <unk> plan <unk> <unk> <unk> trees <unk> <unk> <unk> ___
with a tax-free $ N <unk> payment at the end ___
mind you most of the <unk> would be <unk> N ___
they would be doing better financially under national service than ___
as it happened political resistance developed among educational and minority ___
opposition to national service from the pentagon which wants to ___
clearly a new rationale for national service had to be ___
what better place to turn than sen. edward kennedy 's ___
before the <unk> is printed the house may add more ___
it is widely known that too many <unk> <unk> the ___
the omnibus bill coming out of congress may be <unk> ___
is the voluntary sector so weak that it needs such ___
according to the <unk> poll american adults contribute an average ___
even if government does see various <unk> needs national service ___
if we want to support students we might adopt the ___
what we do not need to do is start a ___
to the extent we lack manpower to staff <unk> jobs ___
will national service in the current highly <unk> and <unk> ___
polls show wide <unk> support for some vague concept of ___
nonetheless senate democrats are organizing a roll of supporting associations ___
so far the president seems <unk> to substitute any of ___
however even this <unk> plan could become <unk> if the ___
the omnibus can be defeated the virus controlled and real ___
national service the <unk> idea still wo n't go away ___
this article is adapted from remarks at a <unk> institution ___
drug <unk> inc. said gary <unk> N years old who ___
he succeeds his father philip t. <unk> who founded the ___
robert e. <unk> iii N who headed the company 's ___
american physicians service group inc. said it purchased about N ___
american physicians said it also replaced four texas american representatives ___
american provides a variety of financial services to doctors and ___
prime based in <unk> n.j. provides management services to <unk> ___
for the year ended june N prime had a net ___
the inflation-adjusted growth rate for france 's gross domestic product ___
the state agency said the latest revision left the growth ___
if the economy continues to expand by N N a ___
that would be down from the N N rise posted ___
the canadian government announced a new 12-year canada savings bond ___
the annual interest rate for each of the next N ___
canada savings bonds are major government instruments for meeting its ___
the government has about N billion canadian dollars us$ N ___
only canadian residents are permitted to buy canada savings bonds ___
after a decade in which more than N <unk> established ___
at least N bills proposing one or another national program ___
one <unk> by sen. sam <unk> d. <unk> and rep. ___
an omnibus bill assembled by sen. edward kennedy d. mass. ___
president bush has outlined his own youth entering service yes ___
people eager to have youth pay their <unk> to society ___
so do those who seek a <unk> concept of <unk> ___
to <unk> mandatory service is an <unk> and voluntary systems ___
<unk> of the market question the value of the work ___
if the market wo n't pay for it they argue ___
elements of the left are also <unk> opposed they see ___
but what about those of us whose views are not ___
let 's begin by recognizing a main source of confusion ___
would participants live at home and work nearby or live ___
would the program be run by the federal government by ___
those are not <unk> questions and the label national service ___
as a starting point here are five <unk> N consider ___
it involves accepting risk or giving up income or deferring ___
it follows that proposals like <unk> whose benefits to <unk> ___
there is a rationale for such bills federal subsidies to ___
but the earnings exceed by N N the average income ___
who will throw several hundred thousand <unk> in jail each ___
but through tax policy and in other ways the federal ___
it should also encourage service <unk> by all classes and ___
its encouragement should strengthen and not undercut the strong tradition ___
enthusiasts assume that national service would get important work done ___
there is important work to be done and existing service ___
good service programs require <unk> <unk> training and supervision all ___
full-time residential programs also require housing and full-time supervision they ___
<unk> programs are cheaper but good ones still come to ___
<unk> suggest that good ones are especially so if the ___
people of all ages and all classes should be encouraged ___
they can volunteer at any of thousands of <unk> institutions ___
and they have grown up in <unk> grim circumstances among ___
but many of them can be quite <unk> <unk> by ___
some wo n't accept the discipline others drop out for ___
learning skills producing something <unk> feeling useful they are no ___
even if it is cheaper to build <unk> or <unk> ___
they are giving up no income deferring no careers <unk> ___
but they believe themselves to be serving and they begin ___
mr. <unk> a carter administration budget official heads his own ___
he is a co-author of national service what would it ___
government officials here and in other countries laid plans through ___
federal reserve chairman alan greenspan was on the telephones making ___
and at the treasury secretary nicholas brady talked with friends ___
but the officials feared that any public announcements would only ___
in addition officials at the fed and in the bush ___
the disadvantage at this point is that anything you do ___
the fed 's efforts at <unk> were partly <unk> sunday ___
fed chairman greenspan was surprised by both stories according to ___
nevertheless fed officials acknowledged the stories were reasonably accurate <unk> ___
it is prepared to assume the same role it played ___
the fed provides money to the banking system by buying ___
the <unk> of federal officials was evident in the appearance ___
secretary of the treasury brady and chairman greenspan and the ___
i 'm sure they 'll do what 's right what ___
when it was suggested his comment was a <unk> mr. ___
but in this context that 's the smart thing to ___
at the treasury secretary brady issued a statement <unk> the ___
today 's stock market decline does n't signal any fundamental ___
the economy remains <unk> and the outlook is for continued ___
but administration officials conceded that friday 's drop carried the ___
one possibility is that this is a surgical setback reasonably ___
the other is that we see another major disaster like ___
nevertheless fed chairman greenspan and vice chairman manuel johnson were ___
the action was expected to begin with the opening of ___
both the treasury and the fed planned to keep market ___
in tokyo share prices dropped sharply by N N in ___
after the initial slide the market appeared to be turning ___
in the bush administration the lead is being taken by ___
the three men worked together on the so-called brady commission ___
as a result they have extensive knowledge in financial markets ___
mr. brady was at the white house friday afternoon when ___
he was quickly on the phone with mr. mullins who ___
later mr. brady <unk> mr. greenspan sec chairman richard breeden ___
aides say he continued to work the phones through the ___
administration officials say president bush was <unk> throughout friday afternoon ___
he had frequent telephone <unk> with mr. brady and michael ___
government officials tried throughout the weekend to <unk> a <unk> ___
treasury undersecretary david mulford for instance was at a meeting ___
and as of last night fed chairman greenspan had n't ___
ironically mr. greenspan was scheduled to address the same convention ___
he flew to dallas on oct. N when the market ___
following is a weekly listing of <unk> net asset values ___
also shown is the closing listed market price or a ___
resist the urge to call your broker and sell all ___
that 's the advice of most investment professionals after friday ___
and investment pros are divided on whether stocks will perform ___
but they 're nearly <unk> on one point do n't ___
investors who sold everything after the crash of N lived ___
even after friday 's plunge the dow jones industrial average ___
panic selling also was <unk> during other big declines in ___
the crash of N was followed by a substantial recovery ___
the october <unk> of N and N were scary but ___
indeed some pros see friday 's plunge plus any further ___
there has been a lot of emotional selling that presents ___
but most advisers think the immediate course for individual investors ___
when you see a runaway train says steve <unk> partner ___
even for people who expect a bear market in coming ___
the best thing individual investors can do is just sit ___
on the one hand mr. front says it would be ___
on the other hand it 's not necessarily a good ___
this is all <unk> right now and when <unk> starts ___
so it 's more prudent to wait and see how ___
roger <unk> professor of finance at yale university and head ___
generally it is n't <unk> to be in and out ___
mr. <unk> thinks that this week is going to be ___
but he also thinks it is a good week to ___
john <unk> former president of the los angeles chapter of ___
and we hope to take advantage of <unk> and buy ___
one camp of investment pros sees what happened friday as ___
over the next days and weeks they say investors should ___
friday 's action was an old-fashioned panic says alfred goldman ___
his advice you ought to be there with a basket ___
james craig portfolio manager for the <unk> <unk> fund which ___
stocks such as <unk> foods corp. <unk> stores inc. american ___
it will be chaotic at first but i would not ___
he argues that stocks are reasonably valued now and that ___
mr. front of stein roe suggests that any buying should ___
they say investors should sell stocks but not necessarily right ___
many of them stress that the selling can be orderly ___
on thursday william <unk> a seattle money manager used futures ___
he thinks the underlying inflation rate is around N N ___
in the pension accounts he manages mr. <unk> has raised ___
he thinks government officials are <unk> to let a recession ___
so he thinks the government will <unk> on the side ___
as a result mr. <unk> says i think the ball ___
david m. jones vice president at <unk> g. <unk> & ___
he says the oct. N employment report showing slower economic ___
one strategy for investors who want to stay in but ___
a put option gives its holder the right but not ___
whether this insurance is <unk> depends on the cost of ___
the cost or premium tends to get fat in times ___
thus buying puts after a big market slide can be ___
for example the premium as a percentage of the stock ___
it 's hard to <unk> about a reasonable price for ___
but investors should keep in mind before paying too much ___
paying say N N for insurance against losses takes a ___
<unk> banker commercial group said it sold $ N million ___
the firm which was acquired in april from sears roebuck ___
though the offering did n't sell out james j. <unk> ___
he noted that unlike an employee stock ownership plan where ___
they came up with their own money instead of borrowed ___
he said the offering was designed to create long-term incentives ___
we 're in a service business and in that context ___
the brokerage firm wo n't pay a dividend on the ___
employees have the right to trade stock among themselves and ___
they may also eventually sell the shares to third parties ___
those outside investors in <unk> banker include <unk> group a ___
bankers trust and <unk> financed the $ N million acquisition ___
<unk> banker also named three outside director <unk> for its ___
the <unk> are gary wilson chief financial officer of walt ___
the first major event this morning in u.s. stock and ___
under a reform arising from the N crash trading in ___
the aim of the <unk> would be to ease the ___
that <unk> <unk> is just one of a number of ___
the big board also added computer capacity to handle huge ___
several of those post-crash changes kicked in during friday 's ___
a deeper market plunge today could give them their first ___
a further slide also would <unk> debate over a host ___
most notably several of the regulatory steps recommended by the ___
the most controversial of the brady recommendations involved establishing a ___
but for the moment attention focuses on the reforms that ___
big board and merc officials expressed satisfaction with the results ___
those <unk> from N p.m. to N p.m. <unk> and ___
during the first halt after the s&p index had fallen ___
that system is designed to separate <unk> program trades from ___
one merc broker compared the action in the s&p pit ___
you do n't want the fire but you know what ___
after <unk> for about N minutes the s&p index tumbled ___
traders then spent the last half-hour watching to see if ___
one <unk> estimated that N N to N N of ___
but the <unk> circuit breaker never had to kick in ___
the mmi and the s&p N are the two major ___
the programs are considered by many to be a major ___
the process of post-crash reforms began with calls to <unk> ___
in october N just after the market drop washington was ___
over the next year that grand agenda was <unk> down ___
in addition limits were placed on computer-driven trading and steps ___
few changes were made in the way the markets are ___
at the outset the prime target was program trading which ___
there were also calls to strip the stock markets of ___
and there was much criticism of the new york stock ___
when the brady task force 's powerful analysis of the ___
arguing that the separate financial <unk> acted as one and ___
the reagan white house held the brady recommendations at arm ___
in may N the working group made up of representatives ___
after several more months of arguments among various stock exchanges ___
privately some free <unk> dismissed such <unk> as <unk> to ___
after all this free-market argument went the dow only dropped ___
if s&p futures fall N points at opening contract trading ___
if dow industrials fall N points at opening contract trading ___
if s&p futures fall N points equivalent to about N ___
on nyse program trades are diverted into a separate computer ___
if s&p futures fall N points trading is restricted for ___
if dow industrials fall N points trading on the big ___
if <unk> drops N points big board halts trading for ___
give sec authority to monitor <unk> by affiliates of brokerage ___
give sec authority to halt securities trading also opposed by ___
create a task force to review current state of the ___
breaking the soviet government 's television monopoly an independent company ___
there must not be a monopoly there must be freedom ___
the company is already working on its own programming in ___
mr. <unk> told <unk> that he recently had been to ___
<unk> 's article was accompanied by a picture of mr. ___
even though it will be independent of official television <unk> ___
south africa 's national union of <unk> said that about ___
de beers said that workers at five of the group ___
the <unk> in negotiations occurred with de beers offering a ___
japan 's opposition socialist party denied that its legislators had ___
the <unk> had been raised in parliament by the governing ___
<unk> <unk> secretary general of the socialist party acknowledged that ___
the world wide fund for nature said that spain argentina ___
a report by the conservation group presented at the <unk> ___
fund official simon <unk> said world trade in wildlife was ___
a nato project to build a <unk> for the 1990s ___
britain france and italy announced technical reasons for <unk> but ___
a few hours after the party launched its own <unk> ___
labor 's visa card is believed to be the first ___
labor gets N pence N cents for every N about ___
as with other plastic in britain 's <unk> environment the ___
china 's <unk> <unk> program has achieved some successes in ___
the official china daily said retail prices of <unk> foods ___
the state statistical bureau found that more than N billion ___
the newspaper quoted experts as saying the subsidies would cause ___
the aim of the <unk> measures was to <unk> economic ___
economists now predict the growth rate will be about N ___
in a sign of growing official <unk> for <unk> russian ___
a <unk> $ N million <unk> of <unk> was completed ___
the <unk> is the <unk> of <unk> <unk> <unk> director ___
it all seemed innocent enough last april one steven b. ___
it is almost identical to the sony product mr. <unk> ___
the justin merchandise carried wholesale prices some N N below ___
but instead of a new customer part of a <unk> ___
mr. <unk> it turned out was a private <unk> using ___
seeking to keep justin 's my own product line off ___
since then life has changed a lot for <unk> leonard ___
i have n't been able to get a decent night ___
it 's the most <unk> thing in my life i ___
his company annual sales about $ N million may suffer ___
justin 's plight shows what can happen when a tiny ___
with considerable irony the case also shows how completely japan ___
americans used to complain bitterly about being <unk> by <unk> ___
now sony whose innovative <unk> products are among the most ___
the <unk> of this is that justin knocked off the ___
if sony wins mr. <unk> says its little rival will ___
at worst he adds they 'd have to <unk> them ___
mr. <unk> denies the suit 's charges and says his ___
i made a similar line and i produced it cheaper ___
today u.s. judge john e. <unk> is expected to rule ___
the judge turned down an earlier sony request for such ___
though hoping to settle the case justin <unk> to fight ___
i had no idea i was getting in so deep ___
mr. <unk> had sold <unk> inc. a taiwan electronics maker ___
with justin he began selling toys and electronics made mostly ___
the company has grown to about N employees from four ___
justin has been profitable since N adds the official who ___
like many others mr. <unk> took notice in N when ___
the <unk> <unk> new products looked more like toys than ___
in court papers sony says it has spent more than ___
sony found a new market niche but mr. <unk> figured ___
his products are n't exact copies of sony 's but ___
sony uses mostly red and blue with <unk> of yellow ___
to be successful a product can be any color <unk> ___
by last winter justin was showing <unk> at toy <unk> ___
indeed concerned that sony sales personnel were threatening legal action ___
he himself threatened to take the matter to the federal ___
but justin has n't pursued those charges which were without ___
recalls mr. <unk> our purpose was to influence them to ___
we never intended taking on sony we do n't have ___
off and on since then the companies have <unk> in ___
and justin in a news release says once competitive sony ___
sony 's lawyer insists that the company 's tactics including ___
he also insists that sony no less than others has ___
justin claims it began using the same colors on electronic ___
whatever its merits sony 's aggressive defense is <unk> for ___
mr. <unk> says he has paid more than $ N ___
of sony mr. <unk> says they know there 's no ___
they just keep <unk> me in deeper until i reach ___
<unk> charles h. <unk> ii chairman of <unk> corp. purchased ___
the stock was bought on thursday in a privately negotiated ___
as previously reported <unk> <unk> n.h. and <unk> gas & ___
eastern utilities has offered $ N a share for <unk> ___
dresdner bank ag of west germany has announced a friendly ___
the tender offer by west germany 's <unk> commercial bank ___
dresdner is offering to acquire N N of <unk> 's ___
the terms of the offer put a value of N ___
the societe generale banking group controls N N of the ___
mexican investor joel <unk> <unk> said he sold a block ___
in a filing with the securities and exchange commission mr. ___
mr. <unk> <unk> said that he <unk> group ltd. <unk> ___
mr. <unk> <unk> has said he wants to purchase more ___
in san diego smith laboratories president timothy <unk> said the ___
<unk> new york said it and the management of sports ___
the investment bank becomes majority shareholder in sports & recreation ___
sports <unk> tampa fla. posted revenue of $ N million ___
the company is very profitable on an operating basis mr. ___
in N sports & recreation 's managers and certain passive ___
in the latest transaction management bought out the passive investors ___
hammond co. newport beach calif. said fidelity national financial inc. ___
hammond said that its discussions with fidelity an irvine calif. ___
fidelity has increased its stake in hammond to N N ___
statements made in securities and exchange commission filings led hammond ___
giant group ltd. said it terminated negotiations for the purchase ___
giant a beverly hills calif. collection of companies that is ___
giant has n't ever disclosed the proposed price although <unk> ___
the airline would have become the latest in a <unk> ___
the state-controlled insurer assurances <unk> de france said it has ___
friday 's approval was needed to conform with <unk> rules ___
both paribas and <unk> have been increasing their stakes in ___
<unk> did n't comment officially on its reasons for seeking ___
an <unk> official did specify however that there was no ___
lockheed <unk> systems co. a unit of lockheed corp. said ___
the air force is looking to buy N new primary ___
the aircraft would replace the <unk> made by the <unk> ___
lockheed said the u.s. navy may also buy an additional ___
under the agreement with lockheed <unk> will license lockheed to ___
lockheed will build additional structures and perform final assembly of ___
a lockheed spokesman in <unk> calif. said he was n't ___
striking auto workers ended their <unk> <unk> of a metal ___
but the <unk> <unk> came as a nationwide dispute by ___
the <unk> <unk> began filing out of the shop which ___
their withdrawal was based on promises by <unk> to open ___
the strike by customs officers tax collectors treasury workers and ___
ministry employees complain that they are poorly paid because of ___
the market for $ N billion of high-risk junk bonds ___
trading ground to a halt as investors rushed to sell ___
stunned they watched brokerage houses mark down price quotations on ___
the junk bond market is in a state of gridlock ___
junk 's collapse helped <unk> the <unk> selling of stocks ___
simultaneously it also helped trigger this year 's biggest rally ___
but an <unk> <unk> <unk> the junk market friday as ___
for example the price of <unk> corp. 's $ N ___
but not even goldman would make a market in the ___
junk bonds which <unk> from less than $ N billion ___
the shaky market received its biggest jolt last month from ___
campeau developed a cash squeeze that caused it to be ___
now dozens of corporations including <unk> allen tw services and ___
the music has stopped playing says michael <unk> a principal ___
in friday 's aftermath says r. douglas <unk> a director ___
in august first boston withdrew a $ N million junk ___
the outlook looks shaky because we 're still waiting for ___
indeed a moody 's index that tracks the net asset ___
in a stark contrast the benchmark 30-year treasury bond climbed ___
the bond 's yield dropped to N N the lowest ___
the yield on three-month treasury bills considered the <unk> of ___
the main catalyst for government bond market rally was the ___
when you get panic in one market you get flight ___
nevertheless the problems of the junk market could prompt the ___
this marks a significant shift in the interest rate outlook ___
any sustained <unk> could be a lift for junk bonds ___
robert dow a partner and portfolio manager at lord <unk> ___
he adds the junk market has <unk> some trouble and ___
i do n't believe that 's the case but i ___
there is a flight to quality and the quality is ___
even as trading in high-yield issues <unk> up over the ___
for example a recent $ N million offering of <unk> ___
a $ N million offering of turner broadcasting system inc ___
first boston estimates that in november and december alone junk ___
that 's a clear indication that there is and will ___
i do n't know how people can say the junk ___
when the rally comes insurance companies will be leading it ___
there is plenty of money available from people who want ___
but such highly leveraged transactions seemed to have <unk> this ___
michael <unk> director of fixed-income research at kemper financial services ___
last year we probably bought one out of every three ___
this year at best it 's in one in every ___
however mr. <unk> said the slide in junk is creating ___
for the moment investors seem more <unk> with the bad ___
the market has been weak since the announcement of the ___
that really affected the market in that people started to ___
well before campeau though there were signs that the junk ___
despite the relatively strong economy junk bond prices did nothing ___
in june two months before it would default on interest ___
in july southmark corp. the dallas-based real estate and financial ___
by the end of july the difference in yield between ___
in august resorts international inc. which sold more than $ ___
in september just as the cash squeeze hit campeau <unk> ___
meantime regulators are becoming increasingly worried as the rush to ___
moody 's says the frequency of corporate credit <unk> is ___
in addition there are six times as many troubled banks ___
the era of the 1980s is about compound interest and ___
what we 've begun to see is the damage to ___
businesses were borrowing at interest rates higher than their own ___
what we 're seeing now is the <unk> <unk> of ___
prices of treasury bonds surged in the biggest rally of ___
the benchmark 30-year treasury bond was quoted N p.m. edt ___
the yield on the benchmark fell to N N the ___
the flight to quality began late in the day and ___
treasurys opened lower reacting <unk> to news that the producer ___
many bond market participants will be closely <unk> the action ___
prices of municipals investment-grade <unk> and mortgage-backed bonds also rose ___
mortgage securities rose in hectic trading with most of the ___
the ginnie mae november N N issue ended at N ___
but the yield spread between <unk> investment-grade issues and <unk> ___
and the yields on telephone and utility issues rose relative ___
despite rumors that the tva 's long-awaited offering would be ___
one of the sources said the smaller portions of $ ___
friday 's 190-point plunge in stocks does not come <unk> ___
still the lesson is about the same on friday the ___
the consensus along the street seems to be that the ___
still the consensus seems almost as wide that one <unk> ___
this <unk> leads us to another piece of news moving ___
the real value of all shares after all is directly ___
and market expectations clearly have been raised by the capital ___
an hour before friday 's plunge that provision was stripped ___
there is a great deal to be said to be ___
it would be a good thing if congress started to ___
for one thing no one doubts that the capital gains ___
since senate leaders have so far <unk> it up with ___
especially so since president bush has been weakened by the ___
to the extent that the ual troubles contributed to the ___
as the best opportunities for corporate restructurings are exhausted of ___
but the airlines are <unk> a clear case given anti-takeover ___
james <unk> the minnesota democrat who chairs the public works ___
it would give mr. skinner up to N days to ___
so the ual deal has problems and the market loses ___
in the N crash remember the market was shaken by ___
even more important in our view was the treasury 's ___
the treasury is doing the same thing today <unk> the ___
also traders are in better shape today than in N ___
they are in less danger of losing liquidity simply because ___
the big board 's <unk> with the chicago board of ___
in any event some traders see stocks as <unk> today ___
there is nothing wrong with the market that ca n't ___
but on the bearish side that may be too much ___
first chicago corp. posted a third-quarter loss of $ N ___
the parent company of first national bank of chicago with ___
the addition on top of two big N additions to ___
first chicago since N has reduced its loans to such ___
despite this loss first chicago said it does n't need ___
during the quarter the company realized a pretax gain of ___
combined foreign exchange and bond trading profits dipped N N ___
gains from first chicago 's venture capital unit a big ___
greece 's second <unk> of general elections this year is ___
for those hoping to see a <unk> of political <unk> ___
in the <unk> round of voting <unk> gave no clear ___
the ad interim coalition government that emerged from <unk> <unk> ___
on the other the so-called coalition of the left and ___
the <unk> bond for this <unk> <unk> was plain <unk> ___
the <unk> goal was a <unk> of government corruption <unk> ___
when reduced to <unk> status in <unk> <unk> <unk> however ___
with regard to greece 's <unk> <unk> scandal mr. <unk> ___
he has ample motive to shift the blame and his ___
nevertheless the new democracy and communist parties herald his <unk> ___
among <unk> questions are whether mr. <unk> received $ N ___
two former ministers were so heavily <unk> in the <unk> ___
but <unk> parliamentary probe was the case of millions of ___
in the end the investigation produced only <unk> evidence and ___
on another issue <unk> were told how their national intelligence ___
despite convincing arguments it was never established that mr. <unk> ___
the central weakness of the scandals debates was pointed up ___
the coalition government tried to show that <unk> ministers had ___
naturally neither general dynamics nor dassault could be expected to ___
so it seems that mr. <unk> and his communist <unk> ___
but while <unk> high <unk> alone wo n't help <unk> ___
first came his predictable <unk> he charged the coalition of ___
then to <unk> his credibility with the left he <unk> ___
next he continued to court the communists many of whom ___
for balance and in hopes of gaining some <unk> <unk> ___
thus <unk> heads for the polls not only with diminished ___
crucial as these elections are for greece pressing issues of ___
greece also must <unk> major pieces of legislation in preparation ___
greece 's <unk> relations with the u.s. need attention soon ___
for one the current accord concerning u.s. military bases in ___
negotiations for a new agreement were frozen before the june ___
another matter of concern is the <unk> of <unk> <unk> ___
the <unk> courts have decided in favor of <unk> in ___
the <unk> seem barely aware of the importance of the ___
that <unk> could win the elections outright is <unk> the ___
yet the possibility of another <unk> government is all too ___
if mr. <unk> becomes the major opposition leader he could ___
also he could force new elections early next year by ___
new democracy has once again <unk> underestimated the opponent and ___
but since he is undoubtedly one of the most <unk> ___
mr. carpenter a regional <unk> for national review has lived ___
u.s. officials moved to head off any repeat of black ___
fed chairman greenspan signaled that the central bank was prepared ___
other u.s. and foreign officials also <unk> out plans though ___
friday 's sell-off was triggered by the collapse of ual ___
the junk bond market came to a standstill while treasury ___
japanese stocks dropped early monday but by late morning were ___
many banks refused to back the $ N billion transaction ___
the decision was based solely on problems with the ual ___
the surge in producer prices in september followed three months ___
a capital-gains tax cut was removed from the senate 's ___
bush wo n't press for a capital-gains provision in the ___
general motors signaled that up to five north american assembly ___
u.s. car and truck sales fell N N in early ___
warner and sony are <unk> in a legal battle over ___
the fight could set back sony 's plans to enter ___
hooker 's u.s. unit received a $ N million bid ___
america west said friday it will postpone its new service ___
saatchi & saatchi would launch a management buy-out if a ___
british aerospace and france 's <unk> are <unk> a pact ___
new u.s. <unk> quotas will give a bigger share to ___
four ailing s&ls were sold off by government regulators but ___
dow jones industrials N off N transportation N off N ___
commodities dow jones futures index N up N spot index ___
a federal appeals court in san francisco ruled that shareholders ___
the ruling stems from a N suit filed by shareholders ___
lawyers specializing in shareholder suits said they are concerned that ___
according to the suit apple officials created public excitement by ___
the plaintiffs also alleged that prior to the fanfare the ___
the suit claimed apple 's stock climbed to a high ___
but when the company revealed <unk> 's poor sales late ___
in N the san francisco district court dismissed the case ___
late last month the appeals court agreed that most of ___
however it gave the shareholders the right to pursue a ___
the court ruled that the news media did n't reveal ___
lawyers are worried about the ruling 's implication in other ___
the court was careful to say that the adverse information ___
the court is saying that the adverse facts have to ___
shareholders ' attorneys at the new york firm of <unk> ___
they wrote the opinion <unk> a new rule of <unk> ___
nfl ordered to pay $ N million in legal fees ___
the national football league is considering appealing the ruling stemming ___
a jury in N agreed with the <unk> 's claims ___
but the jury awarded the <unk> only $ N in ___
last week the u.s. court of appeals in new york ___
<unk> d. <unk> of <unk> & <unk> then of <unk> ___
douglas r. <unk> of <unk> & <unk> says about $ ___
<unk> & <unk> will get about $ N for the ___
the federal appeals court held that the nominal damages and ___
antitrust laws provide that injured parties may be <unk> for ___
but <unk> <unk> an attorney for the nfl says his ___
mr. <unk> of <unk> <unk> slate <unk> & flom in ___
<unk> & <unk> of houston and <unk> robertson fraser & ___
the <unk> is believed to be the first such cross-border ___
the firms are n't required to refer work exclusively to ___
but they will work together on energy environmental and <unk> ___
in addition <unk> & <unk> 's washington d.c. office will ___
the arrangement reached after about eight months of negotiations grew ___
in what may signal a turnaround for asbestos manufacturers <unk> ___
mount lebanon high school near pittsburgh sought $ N million ___
grace successfully contended that removing the fire <unk> would pose ___
a spokesman for the company said the verdict is thought ___
<unk> s. <unk> will join <unk> morrison & <unk> as ___
she will help develop the <unk> practice of the san ___
ms. <unk> N years old resigned as federal communications commission ___
she was the first woman to be appointed fcc general ___
richard p. <unk> formerly eastern airlines ' top lawyer joined ___
mr. <unk> N spent N years at the miami airline ___
mr. <unk> said he will split his time between the ___
apple computer inc. said it will offer cash rebates on ___
apple will offer a $ N <unk> on its apple ___
the rebates as a percentage of the retail cost of ___
the company is also offering a free trial of its ___
<unk> electric industrial co. of japan and siemens ag of ___
in the venture 's first fiscal year siemens will hold ___
a basic agreement between the two companies was announced in ___
the new company is to be called siemens <unk> components ___
<unk> 's share in the venture will rise to N ___
the parent companies forecast sales for the venture of around ___
sales are expected to rise to one billion marks after ___
the company will have production facilities in west germany <unk> ___
roger <unk> editor of u.s. news & world report resigned ___
mr. <unk> said he resigned because of difficulties with <unk> ___
in mr. <unk> 's tenure the magazine 's advertising pages ___
but at N million weekly paid circulation u.s. news still ___
<unk> b. <unk> chairman and editor in chief said mr. ___
mr. <unk> said his magazine would maintain its editorial format ___
mr. <unk> a senior writer at time magazine before joining ___
the offers were to work as a writer not an ___
<unk> <unk> <unk> aviation s.a. said group profit before taxes ___
the french aircraft group pointed out however that financial results ___
it noted for example that group revenue for the first ___
still it said it expects sales for all of N ___
for all of N dassault had group profit of N ___
the group has n't yet released earnings figures for the ___
<unk> consolidated industries inc. expects to report earnings before extraordinary ___
after a tax benefit of about $ N <unk> expects ___
for third quarter last year <unk> reported a $ N ___
revenue for the latest third quarter was about $ N ___
mr. simmons said the results signal a turnaround for the ___
a new $ N million steel rod <unk> which got ___
as a result the company hopes to report net income ___
revenue for N is expected to be about $ N ___
for the nine months ended sept. N <unk> expects to ___
last year the company had a net loss of $ ___
revenue for the nine months is expected to be about ___
mr. simmons said <unk> 's new mill is expected to ___
production at the mill has exceeded the ability of <unk> ___
<unk> will have to consider expanding its casting operation at ___
under robert w. singer who was named president and chief ___
now i think we have a group of marketing people ___
still he said the <unk> company plans to continue its ___
the company claims a N N share of the u.s. ___
freeport-mcmoran inc. said a temporary <unk> of operations at its ___
the diversified energy and minerals concern said that a depressed ___
more than N pounds of <unk> a year have been ___
a second <unk> plant at uncle sam <unk> that produces ___
freeport-mcmoran said the shutdown wo n't affect sales volumes under ___
freeport-mcmoran resource partners as owner of the <unk> technology receives ___
business week subscribers may hear this week 's issue talking ___
a <unk> ad from texas instruments inc. running in approximately ___
readers who pull off a piece of tape and press ___
the talking chip is n't cheap the <unk> cost to ___
previous efforts have included musical ads featuring simple <unk> chips ___
and for those who miss the message the first time ___
<unk> financial corp. dallas said it will ask a u.s. ___
<unk> <unk> by merrill lynch capital markets has been trying ___
the real estate and mortgage banking concern had hoped to ___
without cash from asset sales and unable to reach a ___
it filed for protection from creditors under chapter N of ___
<unk> said merrill lynch which owns bonds and equity in ___
it said it chose lazard in part because of lazard ___
canadian imperial bank of commerce said it will increase its ___
don <unk> senior vice president and chief <unk> said the ___
it <unk> the continuing uncertainty with respect to the ultimate ___
the bank said about c$ N million will be added ___
mr. <unk> said the c$ N million charge to earnings ___
the bank 's net income for the nine months ended ___
mr. <unk> said the bank will restructure its c$ N ___
the bank has a N N reserve against the remaining ___
mr. <unk> said the bank 's experience with <unk> debt ___
he said the bank will no longer participate in <unk> ___
the <unk> among takeover stocks friday does n't mean the ___
suitors from now on are more likely to be <unk> ___
and they will be launching <unk> and perhaps fewer deals ___
this is an <unk> sign for a stock market that ___
whenever the 1980s merger boom seems to be <unk> shock ___
the market is <unk> not cheap says alan <unk> of ___
he recently began increasing his cash position to N N ___
i look at where deals can get done he says ___
lenders are growing increasingly nervous about <unk> takeovers investment bankers ___
you had a week of a deteriorating junk-bond market that ___
trading <unk> up friday in the market for high-yield junk ___
it was the latest in a series of setbacks for ___
and banks appear to be taking an increasingly skeptical view ___
the group trying to buy ual announced friday that it ___
takeover-stock traders today will be scrambling to learn of any ___
investment bankers representing the buy-out group and ual 's board ___
after ual the stock viewed as most vulnerable is american ___
trading in amr shares was suspended shortly after N p.m. ___
late friday night the london office of jefferies & co. ___
similarly delta air lines and usair group dropped N N ___
over the <unk> however two developments in other deals indicated ___
vitro s.a. a major mexican glass maker said yesterday that ___
on friday <unk> shares fell N N to close at ___
for the broader market the greatest significance of the <unk> ___
moreover to complete the entire <unk> glass purchase and <unk> ___
donaldson 's statement is n't merely an idle <unk> because ___
security pacific meanwhile said it expects to arrange $ N ___
in another takeover battle a spokesman for mccaw cellular communications ___
mccaw is offering $ N a share for N million ___
on friday lin shares were among the few takeover issues ___
traders and investment bankers said lin shares were n't hurt ___
investment bankers interviewed over the weekend see a silver <unk> ___
potential bidders for companies were saying that things were beginning ___
nothing makes things look cheaper than a <unk> drop in ___
just as there are people waiting to become bargain <unk> ___
investment bankers expect most of those bargain <unk> to be ___
in the past corporate buyers were often discouraged from making ___
now corporate buyers should be willing to <unk> the acquisition ___
many takeover stocks plunged friday as speculators retained their confidence ___
columbia pictures entertainment which has agreed to a friendly $ ___
but several stocks long rumored to be <unk> for a ___
they include usx down N N upjohn down N N ___
the market and investment bankers are even less <unk> about ___
given the weakness in both the junk bond market and ___
examples include <unk> whose agreement to be acquired for $ ___
<unk> shares fell nearly N N on friday to close ___
ramada which first delayed and then <unk> a $ N ___
ramada has said it hopes to propose a new restructuring ___
shares of american medical international which agreed last week to ___
the buy-out group is offering $ N a share for ___
but investment bankers say the market may have <unk> some ___
hilton hotels for example was among the <unk> issues falling ___
hilton currently is soliciting bids for a sale of part ___
people familiar with hilton said over the weekend that the ___
however they conceded that some potential bidders would rely on ___
hilton officials said they were n't worried about the drop ___
william <unk> hilton 's general counsel said plans to consider ___
i ca n't believe that any potential buyer for hilton ___
but the stock market as a whole bolstered as it ___
for <unk> suitors the takeover game has been over for ___
of all the one-time expenses incurred by a corporation or ___
to take full advantage of the financial opportunities in this ___
it must also evaluate the real-estate market in the chosen ___
specifically it must understand how real-estate markets <unk> to shifts ___
when a regional economy <unk> cold the local real-estate market ___
in other words real-estate market indicators such as building permits ___
this was seen in the late 1960s in los angeles ___
but the reverse is also true when a region 's ___
because real-estate purchases and leases are such major long-term commitments ___
metropolitan detroit was written off economically during the early 1980s ___
area employment dropped by N N from its N peak ___
for example residential building permits in the trough year of ___
once metropolitan detroit 's economy rallied in the mid-1980s real ___
building permits for example soared a staggering N N between ___
where <unk> corporations and professional firms are now asking are ___
look no further than metropolitan houston and denver two of ___
of course some observers have touted houston and denver for ___
metropolitan houston 's economy did drop and then <unk> in ___
in the mid-1980s employment was down as much as N ___
the vacancy rate soared more than N N in nearly ___
to some observers the empty office buildings of houston 's ___
metropolitan houston 's population has held steady over the past ___
and personal income after <unk> in the mid-1980s has returned ___
today metropolitan houston 's real-estate market is poised for a ___
more than N jobs were added in <unk> houston last ___
this growth puts houston in the top five <unk> areas ___
and forecasts project a N N to N N growth ___
denver is another metropolitan area where the commercial real-estate market ___
by some measures metropolitan denver 's economy has actually improved ___
its population has continued to increase since N the peak ___
buying income in real dollars actually increased N N between ___
the rates of increase however are less than the rapid ___
in a <unk> <unk> therefore the region 's real-estate market ___
housing building permits are down more than N N from ___
although no one can predict when metropolitan denver 's real-estate ___
when denver 's regional economy begins to grow faster such ___
what real-estate strategy should one follow in a metropolitan area ___
generally overcapacity in commercial real estate is dropping from its ___
vacancy rates in the N N to N N range ___
under these conditions even a <unk> out of economic growth ___
those looking for real-estate bargains in <unk> metropolitan areas should ___
mr. <unk> is managing partner of a real-estate advisory firm ___
<unk> industrial corp. said it expects its third-quarter net earnings ___
analysts had been projecting that the company 's earnings would ___
the company said a drop in activity in the <unk> ___
also the company said its commercial products operation failed to ___
<unk> a maker of <unk> truck and commercial <unk> equipment ___
common cause asked both the senate ethics committee and the ___
mr. keating is currently the subject of a $ N ___
fred <unk> president of common cause the <unk> citizens lobby ___
mr. <unk> based this on a statement by mr. keating ___
i want to say in the most <unk> way i ___
in a highly unusual meeting in sen. <unk> 's office ___
according to notes taken by one of the participants at ___
mr. keating had complained that the regulators were being too ___
the notes show that sen. <unk> called the federal home ___
for the next two years the bank board which at ___
lincoln 's parent company american continental corp. entered bankruptcy-law proceedings ___
the newly formed resolution trust corp. successor to the bank ___
mr. keating has filed his own suit alleging that his ___
the cost to taxpayers of lincoln 's collapse has been ___
details of the affair have become public gradually over the ___
in the midst of his N re-election campaign sen. <unk> ___
sen. <unk> after months of <unk> off intense press criticism ___
in addition sen. <unk> last week disclosed that he <unk> ___
sen. <unk> said he had meant to pay for the ___
mr. keating his family members and associates also donated $ ___
but sen. <unk> says mr. keating broke off their friendship ___
he became very angry at that left my office and ___
in july california newspapers disclosed that mr. keating gave $ ___
in addition sen. cranston received $ N in campaign donations ___
also in july ohio newspapers disclosed $ N in corporate ___
that was in addition to $ N in direct campaign ___
mr. <unk> said the senate ethics committee should hire a ___
wilson <unk> staff director of the ethics panel would n't ___
sen. <unk> said he would cooperate with any inquiry but ___
sen. <unk> said he had been deeply concerned at the ___
sen. glenn said he had already made a complete disclosure ___
sen. <unk> said when all is said and done i ___
sen. cranston who had already <unk> his help to the ___
trinity industries inc. said it reached a preliminary agreement to ___
trinity estimated the value of the pact at more than ___
trinity said it plans to begin delivery of the rail ___
it said the N rail cars are in addition to ___
when china opened its doors to foreign investors in N ___
today with about N N of the companies ' products ___
the toy makers were pushed across the border by rising ___
but in the wake of the <unk> in beijing on ___
although the manufacturers stress that production has n't been affected ___
the toy makers and their foreign buyers cite uncertainty about ___
nobody wants to have all his eggs in one basket ___
indeed <unk> and other leading hong kong toy makers were ___
their steps were partly prompted by concern over a deterioration ___
by diversifying supply sources the toy makers do n't intend ___
it would n't be easy to <unk> quickly the manufacturing ___
a supply of cheap labor and the access to hong ___
south china is the most competitive source of toys in ___
hong kong trade figures illustrate the toy makers ' reliance ___
in N exports of domestically produced toys and games fell ___
but <unk> mainly from china jumped N N to hk$ ___
in N 's first seven months domestic exports fell N ___
manufacturers say there is no immediate substitute for southern china ___
for the next few years like it or not china ___
in the meantime as manufacturers and buyers seek new sites ___
several big companies have established manufacturing joint ventures in thailand ___
with the european community set to remove its internal trade ___
worries about china came just as hong kong 's toy ___
hong kong manufacturers say large debt <unk> and other financial ___
the industry <unk> last year and this year as a ___
still they long for a <unk> toy to <unk> retail ___
the <unk> thing the colony 's companies have to a ___
introduced in <unk> the <unk> plastic <unk> are based on ___
paul <unk> managing director of <unk> says N million <unk> ___
should sales continue to be strong through the christmas season ___
other hong kong manufacturers expect their results to improve only ___
besides the lack of a <unk> product they cite the ___
<unk> buyers have little money left to spend on other ___
many of the toy makers ' problems started well before ___
toy makers complain that electricity in <unk> has been provided ___
bank credit for china investments all but <unk> up following ___
also concern exists that the <unk> beijing leadership will tighten ___
but toy manufacturers and other <unk> say beijing will be ___
they say china 's trade deficit is widening and the ___
the chinese leaders have to decide whether they want control ___
the bush administration urging the supreme court to give states ___
<unk> general kenneth <unk> argued that the N supreme court ___
he also argued that the high court was wrong in ___
the administration 's position was outlined in a <unk> brief ___
the administration filed the brief in an appeal involving a ___
the administration urged the justices to adopt a legal standard ___
under that standard which <unk> the votes of only three ___
that is a much easier standard for a state to ___
on the provisions of the minnesota law the bush administration ___
aluminum co. of america hit hard by the strength of ___
the nation 's no. N aluminum maker earned $ N ___
revenue rose N N to $ N billion from $ ___
analysts who were expecting <unk> to post around $ N ___
it 's disappointing said william <unk> an analyst with smith ___
much of the earnings decline was led by <unk> rate ___
lower prices for aluminum <unk> and certain <unk> products and ___
in addition costs were higher partly due to scheduled plant ___
excluding the higher tax rate which rose two percentage points ___
noting that the third quarter is usually the aluminum industry ___
nevertheless the company said shipments were up slightly to N ___
in new york stock exchange composite trading friday <unk> closed ___
for N years federal rules have barred the three major ___
and for six years nbc abc and cbs have negotiated ___
but with foreign companies <unk> up u.s. movie studios the ___
they hope the foreign deals will divide the hollywood opposition ___
even network executives however admit privately that victory either in ___
and so the networks also are pushing for new ways ___
that became clear last week with the disclosure that national ___
nbc 's interest may revive the deal which mgm\/ua killed ___
even if that deal is n't revived nbc hopes to ___
nbc may yet find a way to take a passive ___
and any nbc effort could prompt cbs inc. and abc ___
but the networks ' push may only <unk> an increasingly ___
both sides are to sit down next month for yet ___
few people <unk> to the talks expect the studios to ___
the networks still are <unk> in their authority over what ___
studios are <unk> to get shows in prime-time <unk> and ___
and that 's why the rules for the most part ___
studio executives in on the talks including officials at paramount ___
but mr. <unk> who represents the studios asserts the whole ___
such <unk> leave network officials all the more doubtful that ___
they do n't seem to have an incentive to negotiate ___
and there 's no indication that washington is prepared to ___
congress has said repeatedly it wants no part of the ___
but recent developments have made the networks and nbc president ___
the latest <unk> sony corp. 's plan to acquire columbia ___
i wonder what walter <unk> will think of the <unk> ___
in his article mr. <unk> who was in europe last ___
he did n't mention that nbc in the meantime was ___
an nbc spokesman <unk> that mr. <unk> 's <unk> was ___
the big three 's <unk> for deregulation began <unk> in ___
although time already had a long-term contract to buy movies ___
nbc 's mr. wright led the way in <unk> the ___
he spoke up again when the sony bid for columbia ___
since nbc 's interest in the qintex bid for mgm\/ua ___
with a qintex deal nbc would move into <unk> territory ___
it 's never really been tested says william <unk> iii ___
he now runs policy communications in washington consulting to media ___
<unk> rules do n't <unk> block a network from buying ___
hence nbc might be able to take say a N ___
if the transaction raised objections the studio 's <unk> operations ___
but such <unk> would still block the networks from <unk> ___
under current rules even when a network fares well with ___
instead abc will have to sell off the rights for ___
the networks admit that the chances of getting the relief ___
the <unk> federal communications commission had ruled in favor of ___
various evidence including a <unk> institution study of some N ___
but just eight days before the rules were to die ___
network officials involved in the studio talks may hope the ___
in congress the issue <unk> it 's about money not ___
a spokesman for rep. edward j. markey <unk> who heads ___
but he said mr. markey hopes this <unk> the networks ___
and at the fcc meanwhile new chairman alfred c. <unk> ___
recognition equipment inc. said it settled a civil action filed ___
the government sued the company in april seeking $ N ___
the suit named the company former chief executive officer william ___
the suit charged the defendants with causing peter e. <unk> ___
mr. <unk> was previously sentenced to four years in prison ___
in the agreement recognition agreed to pay the government $ ___
a trial on criminal allegations against the company and the ___
they were indicted last october on charges of fraud theft ___
in a related development recognition equipment said the postal service ___
the postal service originally suspended the company oct. N N ___
the company said it will continue to pursue a lifting ___
intel corp. reported a N N drop in third-quarter net ___
the big semiconductor and computer maker said it had net ___
the lower net included a charge of $ N million ___
earning also fell from the year-ago period because of slowing ___
sales amounted to $ N million down N N from ___
intel 's stock rose in early over-the-counter trading friday as ___
but intel later <unk> to the stock market 's plunge ___
in august intel warned that third-quarter earnings might be flat ___
on friday andrew <unk> intel president and chief executive officer ___
our bookings improved as the quarter <unk> and september was ___
for the full quarter our bookings were higher than the ___
for the nine-month period intel reported net of $ N ___
revenue amounted to $ N billion up slightly from $ ___
after N years in prison mr. sisulu the <unk> former ___
at the same time six anc colleagues five of whom ___
and as the <unk> men returned to their homes the ___
a huge anc flag with black green and gold <unk> ___
at the small <unk> home of <unk> <unk> a leading ___
i am happy to see the spirit of the people ___
as the crowd outside his home shouted anc anc the ___
under the laws of the land the anc remains an ___
but the <unk> release of the seven leaders who once ___
the government can never put the anc back into the ___
things have gone too far for the government to stop ___
there was certainly no <unk> the tide of anc <unk> ___
<unk> <unk> of anc and <unk> we <unk> shook the ___
and they called on the government to release nelson <unk> ___
without him said mr. sisulu the <unk> of the others ___
president <unk> de <unk> released the anc men along with ___
but pretoria may instead be creating a climate for more ___
as other <unk> governments particularly poland and the soviet union ___
as the days go by the south african government will ___
if it does n't yield on these matters and eventually ___
if it does the large number of <unk> whites who ___
the newly released anc leaders also will be under enormous ___
the government is watching closely to see if their presence ___
pretoria has n't forgotten why they were all sentenced to ___
in addition the government is figuring that the releases could ___
in order to head off any divisions mr. <unk> in ___
the men also will be faced with <unk> the generation ___
says peter <unk> president of the south african youth congress ___
at last night 's rally they called on their <unk> ___
we <unk> discipline because we know that the government is ___
we want to see nelson <unk> and all our <unk> ___